Final Research Proposal Gambling Industry in Australia

Question: Describe about the Final Research Proposal for Gambling Industry in Australia. Answer: A business research topic The research proposal investigates the gambling industry within Australia and its nature. It also investigates the people and the industry that benefit and the ones that lose because of this industry. The result is obtained by investing the gambling industry within Australia. Gambling industry has its own benefit and consequences in Australia. Gambling is use of money for an event that is uncertain and whose outcome is not known. Many Australians are indulged in gambling activity. The research is based on individuals and groups that are attached with gambling sector. The highest rate of gambling is recorded in Australia. Approximately eighty percent of the Australians are indulged in some kind of gambling or the other. Four percent of the population in Australia spends sixty-two percent of the income in gambling annually. Very few people and agencies benefit from gambling while major part of the population faces negative consequences because of gambling (Barratt et al. 2014). Various types of gambling are casino activities, pokers, lotteries, horseracing, internet gambling, match fixing and many more. Most of the Australians are indulged in gambling by playing poker. Gambling has both social and economic impact. The social impact of gambling includes crime, employment, heath issues, social capital issues and socioeconomic activity. The economic impacts of gambling include government revenue, personal income, business revenue and failure and infrastructure and regulator cost. The disadvantages of gambling are greater than benefits. Gambling is beneficial to government as it earns revenue in form of taxes charged on money earned from gambling. It is also beneficial to the hotels and bar owners as people who visit clubs to play gambling stay in hotels and purchase drinks that brings revenue to the hospitality industry. A brief literature review The number of casinos and gambling industry is growing in Australia. According to Canale et al. (2015), Gambling has both social and economic cost in society. Eighty percent of the Australians are engaged in gambling which accounts for highest rate of gambling in the world. According to Posner (2013), the economic cost of gambling is higher than the social cost. Gambling as an impact on retail, tourism, and entertainment industry. It also has an impact on the commonwealth state and territory budget. The gambling industries According to Miller et al. (2016), Gambling is an activity of staking money in uncertain events that is driven by chance. It is more of consumption expenditure rather than investment because people are not certain about earning money by investing in gambling. Gambling has a high chance of losing money. The activities are speculative in nature. As said by Thomas et al. (2012), Gambling industries are the organizations that support the activities and services of gambling such as casinos, clubs, hotels, sports enterprises and lottery organizations. Most of the people are engaged in illegal gambling that is not registered. Key features of gambling industry As opined by Markham and Young (2015), some of the key features of gambling industries and its recent expansion are as follows: The expansion of gambling industries began with the spread of casinos and poker machines in clubs and hotels. The lottery products became more diverse which led to the expansion of sports betting due to the introduction of internet gambling. Gambling has become more accessible and convenient, due to which the gambling industry is growing and expanding. The introduction of electronic machines and an increase in tempo of gambling has led to a more frequent use of race meetings and lottery draws. The involvement of large corporations and privatization of traditional gambling and lottery services has led to the expansion of gambling industries. Promotion and advertisement of gambling has led to the expansion of gambling industries (Thomas and Thomas 2015). Evolution of gambling industry in Australia Australia has a long history of gambling industry. The country has made great contributions in the development of gambling industry. The totalisator used in racing was invented in Australia. The country is also indulged in many legal manufacturing of gambling machines and occupies the top position in the world of technologies. In addition, the first internet regulated casino site was established in the Northern territory that was government regulated. However, legal gambling is only confined to lotteries and racing in most states. The gaming machines have been established only in New South Wales clubs. Legalization and technological development has led to the rapid transformation of gambling industry (Spurrier and Blaszczynski 2014). Gambling industries contribution to Gross domestic product of Australia is one and a half percent. Gambling industries has led to an increase in employment with restaurants, bars and hotels employing more of people. The percentage of female employees and part time employees is higher in gambling industries than male. Benefits of gambling According to Loh et al. (2015), the gambling industries also seek to satisfy the needs and the demands of the consumers visiting gambling houses. The benefits of gambling can be divided into two parts. The first part relates to consumers side while the second part relates to production side of gambling industries. Benefits of gambling to consumers The benefit of gambling to consumers is not measured in quantity or economic gain. It is measured in terms of pleasure and satisfaction that they derive from the activities of gambling. According to Harvey et al. (2015), many people gamble because of enjoyment that they gain from visiting clubs, risks, thrill experience and the social interaction. Many people gamble to seek entertainment win a hope of gaining some money in return. However, gambling is addiction to the gamblers. The benefit can be measured by recognizing the extent to which the consumers are better off. Benefits of gambling to producers Gambling industry is beneficial to the producers both directly and indirectly. The benefits of gambling to the producers are in terms of income, jobs, expenditures and trade associations. Gambling leads to the generation of employment and the utilization of resources that could have been utilized elsewhere in other industries such as entertainment industry. The revenue generated from gambling is a taxable income and hence adds to the revenue of the economy that the government can use for the betterment of the country. Disadvantages or loses of gambling According to Gainsbury et al. (2015), the cost or loses of gambling is higher than the benefits. It has both the social as well as economic cost. The major impact of gambling is on the health and well-being of people. Gambling leads to loss of personal income. The social cost of Australia of problem gambling was estimated to be at least 4.7 billion dollars each year. The social costs of gambling according to Hing et al. (2016) are: treatment cost and cost of curing illness legal cost psychological cost family and friends physical and psychological cost Gambling also leads to rise in crime and social and family tensions. People become addicted to gambling due to which they lose money. In some of the situations, they even do not have money to feed their families due to which crime rate rises. Gambling also often leads to decline in health and leads to rise in suicide. Hence, gambling has more of a negative impact and is counted as a cost to society as well as economy. One percent of the adults in Australia experience significant health problems due to gambling. Research questions The aim of the research is to investigate the gambling Industry within Australia and find out its benefit and losses in the Australian market. The research questions are explained in a descriptive approach that is based on the research conducted by the researcher. The research is done on the individuals and groups attached with gambling industry to find its nature and the impact of the industry. The investigation is based on the research questions that are as follows: How did gambling industry evolve in Australia and what impact does it have on economy? Which stakeholders benefit from gambling industry? What are the consequences of gambling industry? Research hypothesis The null and alternate hypothesis defines the research hypothesis. Null hypothesis H (0): The gambling industry has a negative impact within the Australian economy, which is greater than the benefits. Alternate hypothesis H (1): The gambling industry has a positive impact within the Australian economy, which is greater than the negative impact. Research methodologies and techniques To conduct the research and find the answers to the questions there are various methods available. The researcher has used descriptive approach for this particular research as all the answers are described descriptively. The researcher also uses exploratory study and analysis for this research. The researcher uses interpretivism research philosophy in order to test the validity of the assumptions taken to explain the research. The research is done on Australian gambling industry to find its nature and the impact of gambling industry. The research is done to find out the social and economic impacts of gambling in Australia. Two types of research method include qualitative and quantitative strategies. For this particular research, the researcher used quantitative study and analysis where the information for the research was collected from the consultative process (Field 2015). The research was also done through an online survey where the researcher prepared unstructured questions for t he professionals involved with gambling in Australia. Inductive approach is used following quantitative strategy by preparing questionnaire that is investigated through consultative process and online survey. A project plan using a Gantt Chart Literature Review is due on Week 6. Data Collection and Analysis Report are due on Week 10. Final Research Thesis due on Week 14. Figure: Gantt chart (Source: created by author) The research process The research process highlights the research outline mentioning the research method and the outcome of the research. The entire research is conducted step by step from the beginning till the end of investigation. The first step is to identify the research topic and get it approved. The research topic in this case is investigation of gambling industry within Australia to find out the nature of the industry and its benefits and loses as a consequence of the industry. The second step after research topic is literature review where the researcher presents the theoretical views of various authors. The third step is to decide the method of the research approach. In this case, the researcher uses quantitative strategy for the research. The research approach is descriptive and inductive in approach. It presents an exploratory study where the assumptions are formed to test its validity. The researcher has used the secondary sources for data collection. The secondary sources include various Australian websites and research papers and journal articles. The data that is collected is analyzed using primarily interactive system and SPSS tool to test the validity of hypothesis. The population sample survey includes professionals of Australia that is involved with the gambling industry. The step by step procedure is followed according to the fundamental paradigm. Data collection and analysis methods The two types of data collection method include primary and secondary sources. For this particular research the data is collected using the secondary sources. The research included secondary sources where the data was collected from various Australian official websites, government official websites, journals, articles, books, and previous research papers. Collecting data from secondary sources is more cost effective and less time-consuming (Creswell 2013). The researcher collected the data from the websites of the clubs that provide gambling services to the customers. Previous research papers were also studies to know the impact of gambling on the people of Australia. The next step after data collection is data analysis. The data that was collected was analyzed using various approach. The data from different sources were analyzed separately and the compared. Primarily narrative was used to analyze the data. The responses of the people were analyzed using SPSS software that was categorized and analyzed from a scale of one to ten. The analysis was further plotted in an excel sheet to obtain pie charts and bar diagram to compare and contrast the result and answer the questions. The entire research is based on identification of problem, conducting surveys, providing theoretical framework, and finally providing the solution. Expected research outcomes From the entire study and research, it is expected that the null hypothesis will be accepted while the alternate hypothesis will be rejected. This is so because the negative social and economic cost of gambling is higher than the economic and social benefits. Gambling has its major impact on the health of the people of Australia. The Australian government relies heavily on the tax for revenue generated from the gambling industry. This is expected to be the reason for the Australian economy to go backwards. Many people in Australia is involved in gambling, It is expected that the gambling industry is well developed in Australia both technologically and socially. Australia is advanced in the use of electronic machines and internet in the gambling industry. Government in Australia is trying to make changes in the trend of use of poker machine to make life easier and remove the ill effects of gambling. Poker is the most played game in Australia in the gambling industry while few people p lay it for entertainment and leisure while few are addicted and play it to satisfy their need for money. Gambling has its impact on tourism, and entertainment industry. Gambling leads to improvement of tourism sector as people who are addicted to gambling start visiting that place often. The revenue generated from tourism industry also increases. References Barratt, M.J., Livingston, M., Matthews, S. and Clemens, S.L., 2014. Gaming machine density is correlated with rates of help-seeking for problem gambling: a local area analysis in Victoria, Australia.Journal of Gambling Issues, pp.1-21. Canale, N., Vieno, A., Griffiths, M.D., Rubaltelli, E. and Santinello, M., 2015. How do impulsivity traits influence problem gambling through gambling motives? The role of perceived gambling risk/benefits.Psychology of Addictive Behaviors,29(3), p.813. Creswell, J.W., 2013.Research design: Qualitative, quantitative, and mixed methods approaches. Sage publications. Field, T., 2015. The benefits and limitations of quantitative data collection to the literature review data collection. Gainsbury, S.M., King, D.L., Hing, N. and Delfabbro, P., 2015. Social media marketing and gambling: An interview study of gambling operators in Australia.International Gambling Studies,15(3), pp.377-393. Gainsbury, S.M., Russell, A., Hing, N., Wood, R., Lubman, D. and Blaszczynski, A., 2015. How the Internet is changing gambling: Findings from an Australian prevalence survey.Journal of Gambling Studies,31(1), pp.1-15. Harvey, P., Smith, D. and Bertossa, S., 2015. Gambling, society and the evolution of risk-taking. Hing, N., Russell, A.M., Gainsbury, S.M. and Blaszczynski, A., 2016. A case of mistaken identity? A comparison of professional and amateur problem gamblers.Journal of Gambling Studies,32(1), pp.277-289. Loh, C.M., Deegan, C. and Inglis, R., 2015. The changing trends of corporate social and environmental disclosure within the Australian gambling industry.Accounting Finance,55(3), pp.783-823. Markham, F. and Young, M., 2015. Big Gambling: The rise of the global industry-state gambling complex.Addiction Research Theory,23(1), pp.1-4. McManus, P. and Graham, R., 2014. Horse racing and gambling: Comparing attitudes and preferences of racetrack patrons and residents of Sydney, Australia.Leisure Studies,33(4), pp.400-417. Miller, H.E., Thomas, S.L., Smith, K.M. and Robinson, P., 2016. Surveillance, responsibility and control: an analysis of government and industry discourses about problem and responsible gambling.Addiction Research Theory,24(2), pp.163-176. Posner, E., 2013. Benefit-cost analysis for financial regulation.The American Economic Review,103(3), pp.393-397. Spurrier, M. and Blaszczynski, A., 2014. Risk perception in gambling: A systematic review.Journal of Gambling Studies,30(2), pp.253-276. Thomas, S.L. and Thomas, S.D., 2015. The Big gamble: the need for a comprehensive research approach to understanding the causes and consequences of gambling harm in Australia.Australasian Epidemiologist,22(1), p.39. Thomas, S.L., Lewis, S., McLeod, C. and Haycock, J., 2012. They are working every angle. A qualitative study of Australian adults' attitudes towards, and interactions with, gambling industry marketing strategies.International Gambling Studies,12(1), pp.111-127.

Leadership Attributes in Public Health Essay Example For Students

Leadership Attributes in Public Health Essay Describe the leadership attributes you aspire to. Include your reasoning on why you selected these attributes in relation to your role in public health.598 wordsManaging public health organizations, solving problems, and dealing with crises require a competent leader who possesses certain personal attributes and specific skills that enhance leadership effectiveness in boosting participation and commitment among the team members to attain the set goals (Merson, et al., 2012). Being a well oriented leader and a decent listener require a strong and adherent team with defined and shared goals. Public health Leader should emphasis on building a strong team with definite and shared objectives to maintain involvement in multidisciplinary health promotion which facilitates health services delivery for the whole community. Lawton et. al. (2013) argued that Coordination with the health promotion team requires a strong leadership model to be able to operate the health framework. Each leader needs to work as a member of the whole team to maintain the process wheel and reach a competent leadership level. Greenblatt (2014) believed that a manager who uses aggressive or coercive manner regularly to motivate the employees, in vital circumstances, spirit and enthusiasm will be lost. Respectively, it is not expected that such demotivated employees would be dedicated greatly to the required task. In fact, the list of the leadership attributes is endless but the qualities which meet the task requirements, as well as, satisfy majority of employees are the following: Communication is a two-way track, so being an effective communicator needs decent listening and virtuous speaking (Sprenger, 2014). Sharing information with the employees motivate t. .., (2013) â€Å"10 Key Attributes of Successful Leaders†, Business Acceleration Infocenter, Available at: http://thevarguy. com/business-acceleration-infocenter/10-key-attributes-successful-leaders, (Accessed April 9, 2014).O’Toole, J., (1995) â€Å"Leading Change: Overcoming the Ideology of Comfort and the Tyranny of Custom†, Jossey-Bass Publishers, Available at: https://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3694, (Accessed April 6, 2014). Sprenger, M., (2014) â€Å"Eight Attributes of a Great Leader’ The Leadership Brain For Dummies†, The Leadership Brain For Dummies, Available at: http://www.dummies.com/how-to/content/eight-attributes-of-a-great-leader.html, Accessed April 7, 2014.Merson, M. H., R. E. Black, and A. J. Mills, (2012) â€Å"Global Health: Diseases, Programs, Systems, and Policies†, Burlington: Jones Bartlett Learning, pp. 690-699

Read About the Scarlet Letter Interpretive Essay Sample Book

Read About the Scarlet Letter Interpretive Essay Sample BookIf you have been searching for a perfect guide to understanding the Scarlet Letter, and you are a student, a teacher, or an advanced reader, there are a number of Scarlet Letter Interpretive Essay Sample Books on the market. These books offer an in-depth exploration of one of the most enigmatic works of literature and fiction.The Scarlet Letter was written by Nathaniel Hawthorne, who lived during the time of the Civil War. The novel was first published in his diary in 1863. It was around this time that the novel became so popular that publishers began printing editions for the public.It was not until after the end of the Civil War that the book became so well known that it became known as the Scarlet Letter. The reason for this is because the novel consisted of four short stories and each one was written with a different character who corresponded with a mysterious, violent, yet charming author who would punish those who wro nged him or her. Some of the characters include a bounty hunter named Iola Blount, and a man named Beatrice Chandler. The novels lasted only two years and were published in April 1865.Reading Scarlet Letter has taken on a new meaning today. The contemporary generation is familiar with it as it appears in TV shows, movies, and on books such as The Da Vinci Code II. In addition, a popular movie called 'The Wolf of Wall Street' focuses on an evil banker who stole millions of dollars from his customers. Even other books and movies have included Scarlet Letter in their plot lines.If you are a parent, the book may be of interest to you, but you need to understand that your children are never going to understand what it means. The reason for this is because the purpose of Scarlet Letter is simply to communicate violence. Many parents worry that teaching their children what it means and why it matters is tantamount to indoctrinating them with extremist ideologies. The Scarlet Letter is simp ly not something your child is ever going to relate to.However, it is important to learn about the basic idea behind the Scarlet Letter Interpretive Essay Sample Book. Of course, you will find in it that the various characters talk about what is wrong with society, how people need to change their behavior, and why they need to trust the authorities. You will also read about what the reader's role is in all of this.The best way to explain the purpose of Scarlet Letter is to look at the four novels and see if you can pick out anything in common. For example, the author spends a great deal of time talking about class differences between upper class and lower class.

Odyssey By Homer Essays - Greek Mythology, Odyssey, Shapeshifting

Odyssey By Homer In Homer's Odyssey, he uses the stories of Calypso and Circe to give a reader a glimpse at Greek values. Odysseus is a "perfectly" moral man by Greek standards. In the Calypso episode, Odysseus demonstrates the value of faithfulness, and in the Circe episode, he illustrates Greek values in general. While both goddesses seek Odysseus to be their husband, Odysseus responds as a perfect Greek hero. During the Calypso episode, Homer teachers that one must remain faithful in their hearts. The Circe episode shows the loyalty between a commander and his troops, burial rights, hospitality, and the relationship between host and guest. The Calypso episode explains how a man must be faithful to his wife in his heart. The Calypso scene opens with a description of how beautiful her island of meadows and flowers is and how "even a deathless god who came upon that place would gaze in wonder, heart entranced with pleasure" (154). The story proceeds to describe the goddess as having a "breathtaking voice" (154) and being "lustrous" (155). Yet, when the story describes Odysseus, he is "wrenching his heart with sobs and groans and anguish" (156). Even though, Odysseus resides on a beautiful island with a goddess who takes care of him, he still wishes to be at home. Odysseus recognizes that fact that the island is beautiful, but he still longs to be at home. Additionally, Odysseus remains faithful to Penelope, not by modern day standards, but he chooses Penelope over the goddess. When Calypso questions Odysseus, he recognizes that fact that Calypso is more beautiful. Odysseus even mentions that Penelope "falls far short" (159) of Calypso, but yet, Odysseus's heart is with Penelope. Next, Odysseus must build a raft himself. Yet, he finds this labor minimal since he is given a chance to return home. He even realizes that he may become shipwrecked or die on the voyage, but he is willing to take these risks to return home. The final temping offer to make Odysseus turn away from his home and his wife is when Calypso offers him immortality to stay with her. Again, Odysseus chooses his land and his wife. In modern times, sleeping with a goddess would be considered unfaithful, but Greek values allow this if and only if the man still wishes to return home and return to his wife. Thus, one of the highest values for a Greek was to be faithful to their home and their wives in their hearts. The stories involving Circe describe several values. The stories describe hospitality, the loyalty between a commander and his troops, the relationship between host and guest, and burial rights. When the story begins with an analysis on how guests ought to be treated. Circe is an enchantress who welcomes some of Odysseus's troops into her home for food and drink. Then, she made a potion that would clear their memories so that when she struck them with her magic wand, they turned into pigs. Zeus or Hermes must have witnessed this episode because Hermes came to Odysseus with a "potent drug" (239) that would counteract Circe's potion. Since Zeus is the god of hospitality, Circe was in the wrong by harming her guests as she did. So, Odysseus went to Circe with the drug, and when she attempted to do the same thing, Odysseus was able to triumph over trickery. Thus, another important Greek value is to be kind to strangers, treat them as guests, and follow the hospitality etiquette. The next event demonstrates that the commander must be loyal to his troops. Circe offers Odysseus marvelous food with "appetizers aplenty too, lavish with her bounty" (242), but her refuses the food saying that "any man in his right mind" (242) could not accept food "before he'd freed his comrades-in-arms and looked them in the eyes" (242). So, Greek soldiers must be loyal to each other. This is further demonstrated when Circe sends for Odysseus's ship to come closer to shore. Eurylochus hesitates and is mutinous against Odysseus's order to bring the ship about. Odysseus, though, still remains loyal to him. Even though he "had half a mind to draw the sharp sword from beside my hip and slice his head off...But comrades check me, each man trying to calm me" (244). This event offers another important value: the soldiers must be loyal to their commander and heed every order. So, Homer demonstrates how troops and commanders ought to be extremely loyal to each other. While the troops and Odysseus are at Circe's palace, they

Martha Mccaskey Case Study Essays

Martha Mccaskey Case Study Essays Martha Mccaskey Case Study Paper Martha Mccaskey Case Study Paper Veronica Koskovich-Underwood MgtOp 587 Martha McCaskey Case Study Ethical Issues At issue in the Martha McCaskey case is a question of proprietary information. More specifically, McCaskey is faced with the question of what constitutes proprietary information and what is safe to give to the client without breaching any trade secrets. According to DeGeorge, proprietary information, or trade secrets, are a right of each corporation that they can legally and morally protect and refuse to divulge to the public. The types of information that Seleris client is asking for about their target company are held tightly by the target to ensure their market share. If the information is given to competitors, they will lose their advantage. However, if specific information as to the new chip is not released but instead is based on industry standards and already publicly-held information, the trade secrets would still be upheld, as there is no way to know for sure that the target is using exactly what has been found. Another issue that McCaskey faces is the methods used to obtain the information to be given to the client. As mentioned above, if it comes directly from the target, it would be releasing trade secrets and infringing on the targets right to hold those. In this case, McCaskey has been asked to not contact the target in order to keep them from knowing that the client is looking into the new chip. In order to get the specific information that they are after, McCaskey will have to use alternative means such as contacting other competitors in the industry, vendors of the target, and possibly ex-employees of the target. Hackert and Malone are pushing for McCaskey to use Phil Devon after learning that he worked for the target in the past. Devon seems open to supplying McCaskey with any information that she needs, but she may be breaching the targets right to trade secrets by doing so. If he has stayed in the loop with the target and has direct knowledge of the new chip and the procedures being used there, she would ultimately be passing on information that the client has no right to. However, there is a chance that he has no direct knowledge of the new chip nd would only be giving her information that he has obtained in helping other clients out. Even that could be breaching areas of confidentiality though, as she would not know if the other companies held that information closely so the possibility of breaching other trade secrets is unknown. Also at issue is management encouraging what could be seen as unethical methods to complete the projects. As discussed in the Don Taylor case, management has a duty to operate the company as ethically as possible. By encouraging these unethical activities to McCaskey, Malone and Hackert are saying that they are supportive of using unethical methods in order to further IAD and Seleris, as well as their clients. The case material discussed that IAD did not have any written policies in place in regards to solicitation and acceptable methods to complete contracts. Richardson would occasionally hold lunch meetings in which he would state that no one should use unethical behaviors, but remained vague in just what that meant. DeGeorge notes that a business has the duty to give clear policies to its employees in order for them to complete their jobs accurately and as desired. Employees also cannot be required to act unethically on the job. Malone and Hackert are impeding McCaskeys responsibility to complete her job ethically by encouraging her to use Devon no matter what the cost. Another issue that should be noted is the personal issue that McCaskey has in deciding between staying silent on the matter and completing her job as requested, or in voicing her concerns. In the â€Å"Conflict on a Trading Floor† case and the Don Taylor case, it was noted that it is our duty to report any unethical proceedings in the work place. However, DeGeorge notes that employees do not have an obligation to create serious risk to themselves without some compensation to be gained. In McCaskeys case, she knows of no immediate benefit to her calling out the policies that are being implemented by the old guard. In fact, she has been all but guaranteed a promotion, raise, and easier job duties if she successfully completes the project. It does not appear that those in the new guard are using the same methods and there has been a significant amount of turnover in the past couple of years at IAD. There is a chance that future replacements will not be willing to use the same methods and the problem will eradicate itself. But by remaining silent, she becomes part of the problem and may have to violate her own moral beliefs. On the other hand, if McCaskey brings attention to what she considers an unethical procedure, she could be at risk with her job. She could be seen as a troublemaker and put back on team projects that are not to her liking. She would almost certainly be pulled from this project which would result in no promotion, further hurting her own well-being. A fourth issue that may not deal directly with McCaskey would be whether it is appropriate for Phil Devon to be releasing the information that he may have on the target company that he used to work for, or from other companies that he has assisted on new projects with since leaving the target. As an employee of the target, he would be directly breaching the right of the target to have trade secrets. However, as he no longer works there, Devon is not obliged to consider the interests of the target any longer. Unless a noncompete agreement was signed when he left, he is technically not doing anything wrong by divulging information that he may have on the company. This same logic would apply to any of the other companies that Devon has consulted with recently. Case Analysis The three primary alternatives that are to be considered are: 1) hiring Phil Devon and Martha McCaskey working with him directly; 2) hiring Phil Devon and having another associate work with him while Martha McCaskey remains project leader; and 3) Martha McCaskey stepping down from the project and voicing her concerns about the methods used within IAD. The primary stakeholders that have been identified are: 1) McCaskey; Tom Malone and Bud Hackert; Seleris; Target company; Client; and Phil Devon; 2) McCaskey; Malone and Hackert; Seleris; Target company; Kauffman (or the employee chosen to work with Devon; and Phil Devon; 3) McCaskey; Malone and Hackert; IAD; Target company; and Client. From a utilitarian perspective, option one woud result in the greatest net welfare for the stakeholders identified. While it goes against what McCaskey believes in and hurts the target company the most, all other layers considered receive the greatest benefit out of this option. Under the utilitarian method, more of the stakeholders receive benefits than costs with option one. Malone, Hackert, Seleris, and the client achieve the end result that they are ultimately wanting from the situation. Malone and Hackert retain a major client for Seleris and IAD remains in good standing with corporate. Seleris sees growth as a company and retains a large portion of their current business. The client receives the information they are seeking and is able to better compete with the competition. However, all of these stakeholders are setting precedence in the methods that are used to obtain the information and completing projects. Phil Devon receives a large financial consideration for his assistance on the project, but risks possible lawsuits or future retribution from the client for releasing sensitive information on them. The target company sees the greatest cost by having confidential information leaked to a competitor and no longer having the niche in the industry that they would have otherwise. McCaskey sees the greatest mixture of benefits and costs, but ultimately sees more negatives than positives. She successfully completes the project and receives the promotion and raise, follows her superiors wishes, and retains a major client for IAD and Seleris. However, she does not follow her own moral judgement and is directly responsible for the way the project is completed. She also is setting a precedence of methods that she is willing to use and for methods that will be acceptable under her as manager. Under the second option, assuming that the project is successfully completed to the clients liking and McCaskey receives her promotion, many of the same costs and benefits come into play. The additional player in this scenario, Kauffman, would most likely receive praise and possibly compensation for his role in the completion of the project, but would be being used to do the unethical activities that no one else is willing to. McCaskey does have the added benefit of not directly doing the unethical research, but she is causing Kauffman to act unethically by having him work directly with Devon. With the third option, assuming that the project is not successfully completed without McCaskey and she does not receive her promotion, more costs occur for the stakeholders identified. McCaskey would be upholding her moral values, but she would not receive the promotion and would have to continue doing the tedious fieldwork that she has been doing. This option could result in being given only problem projects that no one else wants in the future, she could be labeled a troublemaker, and she would lose her good standing with upper management. A slight possibility would exist that her actions would bring about positive changes in the division and/or corporation, if management takes note of her concerns and decides to implement policies that would prevent these happenings from occurring again. Malone and Hackert would lose McCaskey as a good candidate for group leader, as well as a major client and future additional projects. IAD not only would lose a major client and future business from them, but would also most likely come under scrutiny of corporate. The client loses the ability to compete head on with the target company by not receiving the information they requested. They would also lose a consulting firm for future projects if they decide Seleris is no longer fulfilling their duties as their consultants. The target company would see the largest benefit from this option, as their trade secrets would not be leaked and they would retain their market niche with the new chip. From a rights and duties perspective, even though a greater number of rights and duties are upheld with options one and two, option three is preferred in that it upholds the more important rights and duties of McCaskey and the target company. When adding weight for importance to the rights of performing your job ethically and retaining trade secrets, the greatest good comes from option three where both of these rights are upheld. An analysis of rights and duties shows a greater number of rights and duties upheld than not with option one. By hiring Phil Devon and completing the project successfully, all stakeholders except for Devon and the target are fulfilling their duty to maximize profits and act in the best interest of their immediate stakeholders. For example, McCaskey is acting in the best interest of IAD by retaining a client and bringing in future profits from this client. The client is acting in the best interest of their own shareholders by finding a way to compete directly with the target and thereby maximizing profits. McCaskey is also upholding her duty to obey her supervisors and to act in her own best interest by ensuring she receives the promotion and raise. However, she is defying her duty to not harm others by completing research that she knows will directly harm the target and their business interests. She is also denying herself the right to perform her job ethically and not upholding the norms of her profession. Malone and Hackert see their authority rights upheld, but dont uphold McCaskeys right and duty to perform her job ethically. The target companys right to keep trade secrets is being denied. Devon is acting in his own best interest, as well as his familys, but he is not conducting business ethically and is denying the target the right to have trade secrets. With option two, most of the rights and duties remain the same. Regardless of whether McCaskey performs the research herself or just oversees it, she is not changing the overall picture. She has actually brought someone else into an ethical dilemma by choosing not to address it head on. Now Kauffman is not upholding the duty to perform his job ethically, nor does he uphold the norms of his profession. Option three results in more rights and duties being denied to the majority of the stakeholders. McCaskey sees more of her rights and duties upheld than the other options, as she is using her right to voice ethical concerns in the workplace and upholding her duty not to harm others and to uphold the standards of her profession. The target company is also seeing more rights upheld, as they retain their right to hold trade secrets and to fair competition in the marketplace. Malone, Hackert, IAD, and the client, however, see more rights and duties denied. All fail at their duty to maximize profits for the division and company, while Malone and Hackert lose their right to authority. But all are now upholding the individual rights and duties held by McCaskey and the target. From a justice perspective, option three upholds fairness for the target company by not releasing confidential information, for McCaskey by not requiring her to do something that could be considered ethically wrong, and for all others by not allowing them to profit from unethical behaviors. In all three options, distributive justice is more of a concern than any other kind. By completing the project and obtaining the data from Devon, regardless of whether done by McCaskey or by Kauffman, all stakeholders except for the target receive benefits from unethical proceedings that are not right. McCaskey receives a promotion and higher pay, IAD and Seleris receive full payment on the contract and even receive additional contracts because of the successful completion, Devon receives a large payment for releasing information that is confidential, and the client will most likely receive a greater market share of the new chip than they would have otherwise. The target, however, loses market share from the divulgence of this information. However, in option three, all parties receive the compensation that they deserve from the situation. The target retains its market share while the others lose out on money from their unethical dealings. While option one or two could be argued from a utilitarian perspective, the added weight of importance to the rights and duties method, as well as the clear indication by the justice perspective, option three supports more of the prominent concerns in this case. I therefore propose option three as the best option for McCaskey to move forward with. Broad Implications of the Case One of the more prominent themes to this case is the issue of proprietary information and means used to obtain it from competitors. According to DeGeorge, businesses have the right, both legally and morally, to have trade secrets to help protect specific facts about their products or processes. However, it is not discussed who outside the immediate company employees have any duty to protect those secrets. As technology moves further and further ahead, the implications of trade secrets being leaked becomes greater. Without the trade secrets, there is no way to protect yourself from a competitor moving in on your niche in the market that you may otherwise have had they not obtained the secrets. But on the other side is the right to a competitive marketplace and the duty to maximize profits for the competitor. Consulting firms such as Seleris in the case are becoming a more common option to obtain trade secrets. But employees of these firms eed to take into consideration the ethical connotations to what they are doing by assisting in the gathering of this information. While they have no immediate duty to the competitors to help protect the information, from an ethical perspective the methods that they use to obtain it could be negative. Trade secrets are at a greater risk as the present trend in the workplace continues of employees moving around from job to job during their careers. No l onger are employees with the mindset that they should stay with the same firm throughout their career to ensure a better retirement package. If an employee is not guaranteed to stay with a firm, what information should they actually have access to? In most cases, this is now limited to only what they need to know to complete their individual job. Also of note is what constitutes proprietary information. DeGeorge defines it as any trade secrets that a company can legally and morally protect from others. But in order to legally defend data in the current day, you would need a patent or trademark, which often times can’t be obtained until the item has a prototype developed. This makes it more difficult to protect new projects from being copied by competitors. Another theme that is touched on in the case and brought out in the issue of proprietary information is employee loyalty and duties to their current employers. DeGeorge explains that while companies would like to have both loyalty to the firm during employment, it cannot be demanded. Corporations want employees to perform their jobs to the best of their abilities and to do what needs to be done to ensure the success of the company. However, in the present day workforce, it is more common to hear employees talking about what the company can do for them. It is not uncommon to switch jobs several times during your career, nor to apply the knowledge that youve gained from a past job on a current one. DeGeorge states that while workers have rights on the job, they also have duty to perform the job for which they are hired. That being said, the employer cannot require an employee to do something that is illegal or unethical. Usually businesses have policies in place that help define what workers rights and responsibilities are. Employees need to take the time to review this information and ask questions about the policies prior to being hired on to ensure that they are comfortable with what is being asked of them. However, policies will not address every instance that could possibly occur during an employment. Employees need to know their basic rights and processes available to them so that they can address any conce rns as they arise. While employed by a particular organization, the employee has a responsibility to not sabotage the activities of the company. However, once employment ends, that responsibility is gone. But is there still a responsibility to protect trade secrets and sensitive information that you may have had access to once in a new position? A trend that is starting in the current workforce is to impose noncompete agreements with employees who are leaving and who had access to sensitive information to help curb this issue. Overall, the protection of proprietary information seems to have a direct relation to the loyalty and obedience that employees show a firm. Ultimately, it is the individual employee who needs to make the conscience decision to help protect the information. While competitors may be able to gain some insight on what is going on behind closed doors through competitors and basic industry trends of the time, without firsthand knowledge of what a specific company is pursuing, it is more difficult to know for sure if your recreation of their item will be better than what they have done and win you the market on the item.

Designing a balance scorecard for the american university in the Essay - 1

Designing a balance scorecard for the american university in the emirates - Essay Example An American University aims to open an affiliate in the United Arab Emirates. However, in order to ensure effective establishment and development of this University, the management needs to develop a comprehensive strategic framework such as Balanced Scorecard. However, there is limited knowledge and understanding of how to apply this framework to educational sector as Balanced scorecard model is mainly applied in commercial sector (Karathanos & Karathanos, 2005). The objective of this paper is to provide an overview of how the framework of a balanced scorecard can be applied to the education sector. Based on the research findings it will be possible to design a balanced scorecard for educational institutions at University level. Furthermore, this paper aims to develop some recommendations in relation to the American University in the United Arab Emirates. The Balanced Scorecard (BSC) is a framework used for tracking and measuring performance. Robert Kaplan and David Norton have introduced the BSC in the early 1990s as a new way for organisations to measure their performance in a comprehensive and integral way. Before, organisations relied only on financial indicators in order to monitor their achievements (Bakhtiari, et al. 2012). However, Kaplan and Norton have expanded this approach, offering a more balanced system. This system is comprised of four major perspectives: financial perspective, customer perspective, internal processes perspective, and learning and growth perspective (Bakhtiari, et al. 2014). All these perspectives have causal relationship among performance indicators and performance measures should be linked to the results (Sudirmann, 2012). The financial perspective is viewed to be the primary perspective of any commercial activity. The primary goal of any commercial activity is to generate revenue and create wealth for its shareholders. The companies set financial goals and develop strategies how to achieve

Dynamic of percussive enginnering Dissertation Example | Topics and Well Written Essays - 7500 words

Dynamic of percussive enginnering - Dissertation Example Oil wells were considered as the prosperity of a nation and the quantity of oil that was taken out from these oil wells originated to fall with the passage of the time. Thus the contemporary technical community has prepared vast scientific advances in the modification of the drilling methods that was tracked in the past. The oil well drilling systems that were utilized in the older age convoluted the conventional drilling technique which was named as the percussion technique (Beck, 1995). This technique was being extensively used in nearly all the oil wells throughout the world. In this oil well drilling method the earth's crust is infiltrated by the help of a very weighty device that take out the oil by way of a hole. The chief drawback of this technique was that this procedure was actually time based method and the drilling had to be irregularly suspended. Now along with new methods of drilling, the percussion drilling is also modified with latest technologies in order to improve i ts performance (Hartman, 1959). In the incident of the contemporary drilling techniques the oil well drillers utilize the horizontal drilling process, which came to be really efficient technology when matched to the conventional drilling technique that was utilized till then. The utmost benefit of this technique was that the wells, which were penetrated by the horizontal method, had greater surface area which consecutively prepared the well to be tremendously productive (Hartman, 1963).... agmented rock characteristic of geothermal developments is compatible to impact drilling because there is diminutive or no plastic distortion of the rock (Harpst and Davis, 1949). Percussion drilling utilizes a back and forth down-hole piston/anvil structure to put on impact loading either to a custom roller-cone bit or to a one-piece bit set with diamond coated insertions. CONTENTS S.no Topic Pages 1 Introduction & literature Review 1-2 1.1 Introduction 1-2 1.1.1 Background and context 1 1.1.2 Thesis objectives 1-2 1.2 Literature Review 3-15 1.2.1 Drilling Methods 4-5 1.2.2 Examples of drilling methods 5-12 1.2.2.1 Rotary drilling 5-8 1.2.2.2 Percussive drilling 9-10 1.2.2.3 Rotary – Percussive drilling 10-11 1.2.2.4 Other drilling 11-12 1.2.3 Drill bits 12-15 2 Percussive Drilling 16-27 2.1 Introduction to percussive drilling 17 2.2 Principle of Operation 17-19 2.3 Pros and Cons of percussive drilling 19-21 2.3.1 Pros 19-20 2.3.2 Cons 21-22 2.3.3 Percussive drilling developm ent 22-23 2.3.4 Mathematical Models 23-27 3 Non-linear dynamics techniques 28-31 3.1 Introduction 28-29 3.2 Bifurcation, Poincare map and chaos 29-31 3.2.1 Bifurcation 29-30 3.2.2 Poincare map 30 3.2.3 Chaos 31 4 Mathematical modelling 32-40 4.1 Description of the mathematical model 32-34 4.2 Numerical results 34-36 4.2.1 Steady state response 26-39 4.2.2 Bifurcation and progression of the model over a range of static force 39-40 Â  5 Conclusion 41 Bibliography 1. Introduction & literature Review 1.1 Introduction 1.1.1 Background and context Material removal rate in the drilling region is one of the significant factors of determination of drilling economics. Over-all drilling expenses can be solved by forecasting the material removal rate and employed for pit preparation. The features which upset