ShantanuT01/DACTYL-Pretraining huggingface dataset:
First Medical Group The distribution of services for the first client revealed the main problems, one of which is the possibility of planning failures in the long run. It means that the efforts of managers are directed to the promotion of offers with dubious profitability while they should be more concerned with those which are clearly beneficial. This outcome is conditional upon the presence of a significant share of problem children, which poses a threat to the organization’s efficiency in the future. Even though the market conditions are favorable for their development, it seems unreasonable to fund their development when only 10% of stars exist (“Question mark in the BCG matrix,” 2021). Moreover, such a policy can lead to the need to set low prices and improve the quality of the offer without having any guarantees of its feasibility (“Question mark in the BCG matrix,” 2021). Therefore, the principal measures for improving their productiveness should be focused on this aspect of the matter. As can be seen from the above challenge, another issue, which can potentially have an adverse impact on the organizational activity of the first company, is the insufficient number of stars. This situation correlates with the establishment of an unfavorable position of this entity on the market (Hart, 2021). For example, the competitors who spend more money on the realization of the products in this category might benefit from an earlier entry. In this case, the longer the company ignores the necessity to increase the share of stars, the more difficult it will be to increase profitability by developing them in the future (Hart, 2021). In this way, the second area, which presents a threat from the perspective of leadership in the field, is the neglect of potential sources of generating income. Second Medical Group In the second group, the distribution of services indicates the necessity to gain funding for remaining profitable in the future. This conclusion is based on the costs of the current products, which allow promoting them in the market. As follows from the received data, the majority of services are stars and problem children, and this situation seems alarming as they both require significant cash investment. In the former case, the development of offers in a fast-growing market is accompanied by the presence of numerous competitors, which also strive to benefit from the favorable environment (Hart, 2021). Their activity indicates the necessity to spend money on advertising, which cannot be profitable for all goods marked as stars (Hart, 2021). Meanwhile, the latter category implies the creation of an effective distribution network and improving the quality and features of
There is no use denying the fact that the modern world depends on the industry as it has never depended in its history. People are not able to survive without various goods which are produced by different plants and factories. That is why, great attention is given to the development of this very sector. People invent new ways to produce some goods which are more efficient than the previous ones. However, very often these ways are dangerous and can lead to unexpected results. With this in mind, another issue which should control the level of security develops along with the industry. It is risk management, which main aim is to determine the main risk factors that could lead to the appearance of some emergencies and create conditions, under which these possibilities could be minimized. Taking into account great potential harm which could be made in case of any accident, it is possible to say that this very issue becomes especially important. Resting on these facts, it is possible to choose a certain industry and use the risk management approach in order to obtain the idea about the main peculiarities of its functioning and the ways in which the level of risk could be reduced. Taking into account modern tendencies, oil refinery industry is chosen for the analysis as it is one of the most topical and fast developing spheres nowadays, which, though, is rather dangerous and can create a great threat to the environment in case of emergency. With this in mind, it is possible to outline the main goals and objectives of the given paper. First of all, the general characteristic of the industry should be provided in order to understand the main peculiarities of the process of production and be ready to analyze them. The main ideas obtained with the help of this analysis could influence the process of recognition of the main weaknesses of the chosen industry. Furthermore, this analysis is extremely vital in terms of risk management. There is no use denying the fact that this issue should take into account all weaknesses of the industry, including external and internal factors and make assumptions resting on the information obtained from this very analysis. Thus, it is possible to say that another goal of the given work is to understand the main aspects of functioning of the issue of risk management. Having stated in the first part of the paper the fact that this tool is extremely vital now, it is possible to come to the attempts to analyze it and apply to the oil refinery industry. Thus, another part of the given paper is devoted to the literature review with the help of which the information connected with the given sphere could be obtained and the answers to some questions found. The literature review is based only on credible sources which provide trustworthy information. Besides, the above mentioned steps should help to obtain clear vision of the problem of risk as
Introduction Health and safety are very significant aspects of the workers of any organization. Most of the organizations need to put health and safety as a priority. They need to prioritize the well being of the staff, contactors and even the clients. This usually provides ideal working conditions. Hazards are supposed to be controlled and injuries prevented. There are several factors that might affect the health as well as safety of those within an organization. Good examples are organizational needs, values and the personality of those involve. The existing perceptions and the decisions made may also directly or indirectly affect the health and safety of the employees of any organization. Research findings have proved that the aspect of people working hard also has effect on the health and safety of organizations employees, contractors or employees. Research findings as reported by Abraham (2000) have shown that the safety measures taken by an organization, the disasters that may occur as well as people’s misbehaviors might significantly affect the health and safety within the organization (Abraham 2000, pp. 269-292.). The other aspect that might affect the health and safety of the people within an organization include the aspect of employees having fun at work which encompasses propagation of rumors, and humor and even romance at the workplace. Other aspects include the lack of humor at the workplace and team work. The essay will cover those aspects that affect the health and safety at the workplace especially those involving the employees. These include the corporate values like team behavior, values, needs and people’s personality. The essay covers those aspects that contribute to the safety and health of employees as well as those that are a threat to the safety and health of the people at the workplace. The recommendations for improving the health and safety within organizations have been given. The paper sums up the aspect of health and safety within an organization in the conclusion (Dylan 2007). First Body Corporate Values. Team Behavior Team behavior is very important in ensuring that the set goals and objectives are easily reached. A team provides social satisfaction for individuals. Groups usually have different people with different behaviors or character traits. Employees are able to socialize and talk out their issues hence minimizing issues of stress and complications that come thereof. Team behavior usually encourages unity within the organization and in the event of a health or safety risk, people are able to work towards the alleviation of the sa
Introduction To marry is a choice. To maintain the marriage life is another though demanding. It is worth noting that, though all desire to marry, not all can bear the life attached therein. It is patience, rather than love, that keeps the life going and given the opportunity, it stands out that a good number of married people would quit it. However, it is ironical that despite this fact, many, specifically the young people, are moving into it at an alarming rate. Virtually all focus on the brighter part of it but little do they know that behind the beauty, lies the true colors, whose occurrence and departure leaves behind stories of fight, divorces, and deaths, to mention but a few. All these scenarios portray the life of the married people. As a way of encouraging the married as well as those who wish to marry, a lot has been published to equip them on knowledge of reality of marriage and what is expected in the marriage organization. Among these is the masterpiece of director Satyajit Ray. In his celluloid The World of Apu, episodes of people in the marriage world set in right from the beginning. In the brief period the movie is on air, Apu and Aparna stand out as a husband and wife respectively, whose epigrammatic life concurs with Wood, “The film offers one of the cinema’s classic affirmative depictions of married life” (72). In his movie and through these characters, Ray depicts love, divorces, untimely deaths of either or both parties and communal bringing up of kids, as part of marriage life as expounded in the following scenes. Marriage Life As a husband and wife, Apu and Aparna come in handy to give a portrait of life in marriage. As the movie blossoms, marriage is a life, initially led by strangers. Ray inaugurates Apu, the pitiable and fraught former university graduate. At this time, Apu hardly bears even the least of clues of the person he will marry, come the opportunity. In fact, Berardinelli says, “…they initially come together as strangers then…” (Para. 4). It is clear that the journey does not begin with people who are familiar with one another. It is rather a unique voyage of miles and miles, whose parties stick out as pure strangers. In fact, Apu gets to know of Aparna through his friend, Pulu, who invites him to Aparna’s wedding. According to Vorndam, Pulu’s description of Aparna to Apu clearly shows how Apu knows nothing about her. He says, “Pulu convinces Apu to come with him for a few days to East Bengal where a relative of his is getting married” (Para 3). In addition, Robinson posits that, “Apu and Aparna are seen for the first time, immediately after…” (101). Though, the couple end up getting used to each other with time, Apu and Aparna offer enough illustration of how marriage life kicks off with strangers. Poverty is part of marriage life. As many share the notion that, it is money or wealth that keeps marriage life on the move, Apu and Aparna portray the reverse. Right from the beginning of the movie, Apu’s poverty stands. In f
Comparative advantage Algeria has a gross domestic product of about $205.5 billion according to the statistics of the year 2012. The country’s gross domestic product growth rate is about 2.7%. Its GDP per capita stands at about $7,601 PPP. Before independence, the French developed a close relationship with the country’s economic growth, social development and political progress. After independence, the Algerian government transformed its economy through various programs that it developed in the central structure. The country also made efforts to privatise the country’s economy as one of the strategies of attracting foreign investment. However, the country encountered economic debts with foreign liabilities rising to about US $32 in 1999. After these difficult financial problems, the government of Algeria introduced a series of economic restructuring measures to promote and sustain the country’s economic development. These reforms were crucial in accelerating economic growth and transformation. The hydrocarbons sector forms the pillar of the Algerian economy. About 94% of the country’s economy relies on hydrocarbons. The sector is essential for the realisation of the country’s foreign exchange and economic growth. However, the country also has other critical sectors like the political domain, social factors, the legal framework and the environment. The disadvantages of dependence on the hydrocarbons sector for Algeria include vulnerability to economic uncertainties. The country also operates in a poor commercial setting. This aspect poses a huge problem for foreign corporations operating in the country. This paper examines several comparative advantages of the Algerian economy. This fact underscores the need to invest in the country through the Algerian Wool Company. For instance, the country’s economy recorded growth of about 2.6% in the year 2012 (Lapadre & Proietti, 2009). This fact was an increase from the 2.5% growth of the country’s economy recorded in the year 2011. The country also continues to undergo restructuring that intends to modify its economy. However, certain disadvantages also continue to derail the development of the economy like a continued rise in the country’s inflation. Experts estimated that Algeria’s inflation increased to 8.8% in 2012 from about 4.7% in 2011. The other disadvantage is the continued widening of the country’s budget deficit. For example, the deficiency broadened to about 3.4% of the country’s gross domestic product in the year 2012. This aspect was in contrast to the budget deficit of 1.4 % in the year 2011 (Freund & Ornelas, 2010). The good performance of the financial authorities led to an increase in budget reforms. This paper observes a significant improvement in the economic performance of the modernisation deficit. However, this aspect not only led to an increase in budget deficits of about 3.5 % of the gross domestic product but also an improvement in the country‘s 2012 economic modernisation processes. This point was an effort by the Algerian government to align itself wi
In “Herbert A. Simon on what ails business schools: More than ‘a problem in organizational design’”, Khurana and Spender (2012) discuss Simon’s key ideas regarding the organizational design of American business schools in the period of Ford and Carnegie Foundations. Simon’s core idea related to business administration and education is in his approach to these issues. Namely, the scholar considers management as a creative art that defines the organization’s design. Social ethics and human creativity are the two elements that play a significant role in Simon’s vision. It should also be noted that interacting with a complex environment, the scholar was able to view art and design in the most difficult conditions and reflect them in decision-making and problem-solving issues, thus composing a comprehensive approach to business management. Khurana and Spender (2012) state that contemporary management educators neglect the considerations of Simon while they serve as an essential source of establishing the appropriate educational agenda. Beginning with the introduction, the authors point out the contributions of various studies from a chronological perspective. After that, they identify the post-war context to show a reader its key aspects and emphasize that WWW2 made a huge impact on management research. Scientific validity could not be proven in the framework of post-war difficulties. The next section of the research is devoted to the creation of the Graduate School of Industrial Administration (GSIA) and the contemporary business school that created the basis for the modern US business education. The third section refers to Simon’s theory of organizations as well as his experience. Ultimately, Khurana and Spender (2012) focus on change that was made due to Simon’s views as well as his overall impact. Reference Khurana, R., & Spender, J. C. (2012). Herbert A. Simon on what ails business schools: More than ‘a problem in organizational design’. Journal of Management Studies, 49 (3), 619-639.
World Economy and France The recent global financial crisis, also considered as the credit crunch, is a dilemma that almost collapsed the majority of the world’s leading economies. Fears of another Great Depression loomed as financial experts became divided on whether the economy can still regain its momentum or not. Some experts say that the recession that began in 2008 was worse than what happened since the Great Depression of the 1930s when the economies in Europe went stale after the effects of the First World War, affecting even the commerce of the United States. But during the Great Depression, the financial crisis was mainly concentrated on the United States and Europe In the recent financial crisis, however, the recession has affected even the strongest economies like Germany and Japan, sweeping even to the Asian region. The recent financial crisis is a worldwide phenomenon that almost collapsed the entire financial system. Because the world markets are interconnected with each other via trade partnerships and credit, the collapse of one financial institution would result in a domino effect on other financial systems. Now, the term financial crisis is normally used to describe an event where a financial institution or a set of assets suddenly drop in value. Often, it also refers to the bursting of a bubble, a crisis in currency, a market crash, or a nation that defaults in its foreign debt. A financial crisis leads to difficult economic consequences, but it is manageable if suffered only by a single institution or asset, which, in such a case, can be considered a banking failure. However, in this recent crisis, analysts consider it a systemic financial crisis because the entire financial system is in trouble. Macroeconomic
Introduction Management is a complex process that requires careful consideration with regard to the interplay of factors that characterize its propagation. One of the main elements that influence the understanding of management as a concept entails understanding the functional responsibilities of organizational leaders (Naidu 2005). Research has established that lack of proper understanding of the functional duties of various organizational leaders influences a lot on the level of success achieved by an entity (Farmer 2015). In order to influence success in an organization, it is important for leaders to understand the skills and attributes required by managers, the role of effective management, understand the various elements that define the management environment, as well as understanding the most appropriate ways of matching the attributes of managers with their roles (Rabin 2003). Numerous theories and concepts apply in explaining the various elements that constitute an effective management process. One of the most common concepts used in explaining the concept of management theory is POSDCORD (Farmer 2015). This acronym was developed to define the various management functions and steps that constitute the process of administration in an organization. POSDCORD stands for planning, organizing, staffing, directing, coordinating, reporting, and budgeting (Farmer 2015). The descriptor was developed by Luther Gulick and Lyndall Urwick in 1937 (Naidu 2005). The main motivation for developing the concept was to define the roles and responsibilities of a Chief Executive Officer in an organization (Martinez & Richardson 2008). Discussion According to Gulick, organizations should always ensure that the roles and responsibilities of managers are well defined in order to increase efficiency (Stillman 2009). Using his model, organizations can increase the success of its organizational process through effective division of labour in terms of the level of input expected from every employee. Gulick used the elements of planning, organizing, staffing, directing, coordinating, reporting, and budgeting to explain the roles of a chief executive officer (Rabin 2003). Planning Planning refers to the act of formulating a program for a definite course of action by highlighting all the things that need to be done (Rabin & Miler 2000). It entails the cognitive process of thinking about what should be done in the event of something happening. Chief Executive Officers have the responsibility to guide their organizations through various stages of development by developing effective plans that will ensure the realization of various objectives (Pruthi 2005). An effective leader should have the ability to choose appropriate organizational goals and courses of action that will ensure their successful attainment. There are various types of plans developed by organizational leaders that include strategic, tactical, project, marketing, and human resource
Abstract Nursing often involves safeguarding the lives of people and sometimes it requires innovative methods in order to actualize this role. This paper analyzes two articles that present two interesting perspectives on different methods that nurses can use in patient care, especially for special needs patients. Both articles contain findings on research that forms the basis of this scholarly paper. Introduction The main aim for this scholarly paper is to create awareness and spark actionable interest regarding the various concepts that the articles of research in this paper present. The paper explores elements relating to the care of acute and chronic care of patients, application of the hope experience, and prevention of patient falls in health institutions as part of the methods of safeguarding the health of patients in the nursing profession. Select of research interest area For my research, I chose two articles. The first article, Evaluating the Use of a Targeted Intervention Strategy in Reducing Patient Falls in an Acute Care Hospital, focuses on the issue of patient falls and the effects of a multiple intervention strategy in reducing such cases. My interest in this article stems from the view that researchers in the medical field often fail to give the matter the amount of seriousness it deserves (Mol, 2006). Additionally, in most cases, researchers that recognize the importance of discussing the topic usually overlook possible strategic solutions for the problem (Sochan, 2011). In my opinion, focusing on a solution rather than the problem of patient falls makes more sense and it creates a new outlook on the alleviation of the problem. The second article of my choice, Hope, older adults and chronic illnesses, focuses on the concept of hope and its effect on older adults in the recovery process with regard to chronic illnesses. The article presents a uniquely interesting perspective on how a psychosocial concept can affect the physical recovery of a patient suffering a chronic illness (McCready, 2010). The paper’s point of focus presents a multifaceted perspective on nursing and it inspires an out-of-the-box approach on various issues that most nursing professionals consider as obvious. The articles’ similarities and conformity to uniqueness make them ideal for my paper. Overview of research design Article 1 takes the quantitative analysis approach. The article is a report on the results of a randomized controlled trial consisting of two groups of patient