Chester Company Essay Example for Free

Chester Company Essay A unique and interesting problem arose when one company, a monopoly within the business-to-business (B2B) sensor market, split into six companies with identical products and equal footing within the market. As Director of Finance for Chester Company, one of the newly formed entities, it is important for me to identify a strategy that will enable the company to remain viable and be successful in the future. An in-depth analysis of the industry situation report provided good metrics to project future customer desires and total market potential. In order to be successful, the strategy that the management team develops must work within the identified parameters while attempting to predict how the other five companies in the B2B sensor market will proceed. There are only two segments of the B2B sensor market: low technology and high technology. The only product Chester Company offers currently fulfills the needs of both markets but this will change as the newly formed entities revise and develop products to meet customer needs. The high tech segment is appealing but will require continual investment in research and development to maintain the standards that customers expect. It will be easier to meet the needs of the customers within the low tech segment but there will likely be more competition for market share. 1. The strategy that I would like to see the management of Chester Company adopt over the next five years is that of â€Å"niche cost leader† (Capsim Management Simulations, 2012) for the low technology segment of the B2B sensor market and to obtain thirty-five percent of that market. This will be achieved by appealing to customers’ sense of thrift. To cut prices below the competition, management should retain the current product and not invest much in research and development. Production costs must also be greatly reduced. To do this, an early investment in automation is necessary as it will reduce labor expenses in future years which will increase the margin and profitability of the company. This investment will be financed through the issuance of stock and long term bonds. I also plan to provide the marketing department with a very generous budget in the first couple of years to aggressively target the market and increase the awareness and accessibility of the product early on. Short term borrowing will be necessary to finance operations and provide a cash cushion to prevent the need for an emergency loan. 2. There is a great chance for Chester Company to earn good profits within the low tech segment over the next five years. Although the price of the product must be kept to a minimum this will be offset by decreasing costs which increases the contribution margin. Also, there is greater demand for products in the low technology segment of the B2B sensor market which is expected to increase approximately ten percent each year. However, Chester Company shareholders may realize a loss in the first year due to the high marketing budget and cost of labor because the automation rating is low. Unfortunately, some sacrifices will need to be made early on to realize greater profits in the long term. 3. The product that is most important to the success of Chester Company is Cake; the product currently being produced. During the first year of business, this product will have the ability to appeal to customers across both segments of the B2B sensor market and will ultimately become the favored product of the low tech segment. Management will take advantage of the dual appeal of Cake in the first year by taking a portion of both the low tech and high tech markets in an attempt to retain some profitability. Ultimately, the product will be positioned so that it takes a large portion of the low tech market and will likely not take any portion of the high tech market by the fifth year. The plan that I developed focuses primarily on the success of the company for the next five years as there will be a lot of volatility in the market and further projections are impossible to make at this time. It is difficult to predict how the competitors within the B2B sensor market will be positioned which makes it essential for management to decrease costs as much as possible and increase market share within the low technology segment of the market. My advice to the rest of the management team is to avoid the appeal of developing a new product for either market early on and to avoid the high tech market altogether within the first five years because it will be difficult enough to remain profitable and succeed without squandering business assets on developing a product which will have little chance of being profitable within that timeframe.

Medical Errors :: Health, Miscommunication, Work Loads

In year 2000 Institute of medicine (IOM) reported that around 98,000 people die each year (Kohn, 2000). The main reason for this incident is medical errors. Medical errors cost around $29 billion loss for heath care industry (Slonim, LaFleur, Ahmed, & Joseph, 2003). These medical errors caused people to be more in hospitals, more diagnostic evaluations, un-necessary treatments, and also resulted in many deaths. Medical error is defined as â€Å"failure of planned action to be completed as intended or use of a wrong plan to achieve an aim† (Kohn, 2000). Entering wrong medical information causes adverse effect on drugs and care given to patients. Lack of proper medical record will cause patients to stay more in hospitals, more disability, and more loss for health care industry. Medical errors are considered to be eighth leading cause of deaths in USA (McGowan & Healey, 2009). Of all major departments in health care, one of crucial departments is pediatrics (Kozer, Berkovitch, & Koren, 2006). Pediatric department is one of the key departments in health care sector and comprise of around 10 % of health care industry (McGowan & Healey, 2009). There were many deaths reported in pediatric departments. The medical errors will have more impact on children than in adults due to various reasons. One reason is that most of medicines for children are off label and they don’t have standard doses (Kozer, Berkovitch, & Koren, 2006). Another reason for medical errors is that many doses of medications needs to be adjusted according to child’s weight and body mass. Some medications which are supplied need to be diluted and improper dilatation doses will result in deaths (Kozer, Berkovitch, & Koren). All these medical errors results in abnormal deaths in children. There are various types of medication errors. They are dosing errors which are caused due to improper dosing of medication and tenfold error which are caused due to prescriptions which are ten fold higher or lower in dose than recommended dose (Kozer, Berkovitch, & Koren, 2006). The other types of errors are diagnostic errors which are caused due to delay in diagnostics and error in monitoring test results, treatment errors which are caused due to delay in responding to an illness due to lack of test results and due to other issues like improper system failures and lack of backup plans (McGowan & Healey, 2009). Mostly medical errors are due to increase in work loads, abbreviations misunderstandings, and misinterpretations due to handwriting (Kozer, Berkovitch, & Koren, 2006).

Example of the Stages of Building Maintenance

Building careTable of Contentss Abstraction Introduction DEFINITION OF BUILDING MAINTENANCE SCOPE OF BUILDING MAINTENANCE WORK Preventive care: Day to twenty-four hours fixs: Emergency fixs: Servicing plants: Minor plants: Designation of Possible Defects Defect Due to Dampness Cracks in walls: Rising Damp: Cracks in Structural Components: 1: Stains & A ; Moulds on the Cantilever ceiling: 2: Mounds found of external wall: 3: Cracks in howitzer articulations: 4: White discolorations on lower degree of Inner wall: 5: Dark stains & A ; fungus/moulds on the entryway manner: 6: Roof Gutter Collapsed: 7: Cracks within the Floor: Designation of Maintenance Generator Remedial Measures for the defects identified DecisionAbstractionThis study is based on the planning facet of the edifice. Planing a edifice is an imagitavie procedure, building the edifice is the realisation of the dreams of an designer, but the care of the edifice makes it worthy of its functional usage for which it is designed. A decently maintained edifice is an immoveable plus of an person. The primary of a edifice is to supply precautions to its dwellers against external conditions conditions, against the scorching Sun & A ; thundering rain, etc. To utilize the maximal potency of a edifice, it should hold to be decently maintained. Each & A ; every edifice has a continuance which is like 30 – 40 old ages. As per the external conditions conditions & A ; type of use of edifice & A ; its functionality decides how long a edifice can prolong itself. A edifice is a non- life thing, it can non mend itself. For this an effectual maintained unit should be placed. Besides periodic visit of an designer along with MEP adviser s hould be done to look into any mishappening. This study is prepared based upon the templet of indentifying the defects in the Architecture edifice, done with the aid of ocular photographic certification. This study will cover the elaborate & A ; elaborated survey of the assorted edifice defects happening in assorted parts of architecture edifice. Detailed survey of defects, its causes every bit good as its redresss are to be provided in this study. The study will besides speak about designation of a future care generator.IntroductionA edifice comprised of structural burden bearing units like foundations, beams, columns, floors & A ; slabs. These are the parts which require thorough idea design, an effectual procedure of building carried out as per the structural demands & A ; recommendations of the structural applied scientist & A ; last but non the least, a proper in topographic point care system to maximise the life of such structural units. Other than structural units, a edifice has non- burden bearing constituents which comprises of walls, external facing done for aesthetical intent, shocking & A ; false ceiling etc. These are the constituents of the edifices which are to be designed by the designer & A ; constructed by the civil applied scientist. Other than this, a MEP adviser is to be hired to overlook the integrating of architecture, construction & A ; services. The architecture edifice of the University of Newcastle is constructing made in Brick tile. The architecture edifice is a land + 2 floor edifice, has studio suites, category suites, conference hall, etc. The usage of wood as a inveighing stuff is a distinctive feature of the edifice.DEFINITION OF BUILDING MAINTENANCECare of a edifice cost more than building it. Proper care of care is a word picture of love & A ; attention for the infinite we are utilizing. Be it our place, our university, our office composite etc. There are certain parametric quantities which define how & A ; up to which restri ct a edifice should be maintained. a edifice decently maintained so that it provides its users safety & A ; security against external conditions.SCOPE OF BUILDING MAINTENANCE WORKHarmonizing to Burgess & A ; White ( 1979 ) , care work of a edifice is divided into two parts. The really first is explicating a planned plan comprising of betterment every bit good as redevelopment in a edifice. The range of this betterment & A ; redevelopment is chiefly due to sudden failure in the assorted public presentation standards of a edifice. Five major types of care plants are elaborated by Burgess & A ; White. Following the chief types of care plants: – Preventive care: This includes minimal preventative steps done at an early phase of defect sensing. The stating or bar is better than remedy is the footing of this type of care work. Like keeping the roof prior to the rainy season is an activity of such type of work. Day to twenty-four hours fixs: This fix is the most of import type of care carried out by the house lady of the edifice or the individuals engaged in edifice care. Emergency fixs: Certain fixs are to be done on an exigency footing. The toppling of a wall, bending of a roof, moistness of wall or roof etc are the illustration of such sort exigency fixs. Servicing plants: This fix is done on a periodic footing. Normally a edifice requires painting & A ; cleaning work on a annual footing. The care of roof against the moistness & A ; escape against H2O ooze is to be done one time in two old ages. Minor plants: Such sort of plants includes minor repairing of assorted constituents of constructing like doors, Windowss, healthful plants etc. This range of this study includes elaborate designation of defects done through templet & A ; the solutions of such sort of solutions to be done for care. Both the major every bit good minor defects are to be identified along with their solutions. All the remedial solutions are to be based on a proper constructional technique to be used among the Australian peninsula.Designation of Possible DefectsFor an architectural edifice of the University of Newcastle or for any edifice assorted defects can happen sing the age group of the edifice. A building defect can render the edifice insecure & A ; can put on the line the lives of the people utilizing the edifice. A damaged/collapsed edifice will non merely ensue in loss of money but consequences in a loss to the society by the danger posed by the edifice. This besides consequences in loss of money in mending the edifice etc. A building defect is different from the usual clip bound defect caused in any edifice due to aging. The clip edge de fect depends upon the lastingness & A ; workability of the structural constituents of the edifice. The following are the general type of defects common in all edifice due to constructional failure, structural failure or design failure. Defect Due to Dampness: The addition in wet content in the dirt every bit good as in the air, can consequences in moistness of the walls, if moist proofing class is non used, provided at the pedestal of the edifice. To minimise the ooze of H2O through capillary action organize the dirt, a moist proofing class is to be given beneath all the walls excepting the door gaps. Cracks in walls: Due to shrinkage consequence of the bomber dirt, walls tend to develop cleft all along the length of wall. This cleft is a consequence of settling consequence of the bomber dirt, due to which a part of a wall tends to switch downwards, ensuing in clefts. Proper dirt trial all at major junctions of walls, foundations & A ; columns are to be conducted to avoid such sort of clefts. Rising Damp: Due to the failure of moist cogent evidence class beneath the plinth protection of the edifice, moistness rises to the wall, making a white pulverization like surfacing on the walls above the pigments. The moistness causes major populating conditions jobs to the dwellers of the edifice, particularly if the site of the edifice is non opened from any side. Cracks in Structural Components: The foundations, columns, roofs & A ; beams are the parts of structural stableness of the edifice. Cracks develop due to permeableness of concrete, thermic motion which takes topographic point within the concrete & A ; steel etc. Proper structural every bit good as architectural design along the building to be done as per edifice norms is a solution to avoid the clefts. The prostration of edifice due to clefts in structural constituents is unsafe the lives of the people. A edifice such as Architectural College of the University of Newcastle, which is a G+ 2 construction, will hold some general type of defects including both building defect every bit good as age edge defect. Following types of defects have been identified in the edifice of architectural college of the Newcastle University: 1: Stains & A ; Moulds on the Cantilever ceiling: This defect found in the external corridor of the land degree of architecture edifice due to miss of care every bit good as non functional use of the ceiling visible radiations. The redress for this sort of defect will be proper cleanliness to be carried out along all the corridor of the edifice peculiarly for the ceiling of corridor. Using the light fixtures during dark may turn out to be the best solution which will guarantee care. 2: Mounds found of external wall: Due to increase in wet content & A ; breakage of moist cogent evidence class beneath the pedestal of the edifice, moistness rises on the external wall which is along the south side of edifice. It is of import to observe that. Although the south side gets maximal Sun, but due to dampness, mould can still be found. Proper landscaping strategy is besides to be formulated which can ensue in incursion of sunbeams up till the wall. 3: Cracks in howitzer articulations: Vertical clefts are seen on the wall around the first assistance child located at land floor of the architecture edifice. The possible cause of these clefts is the shrinking in the Sue dirt due to increase in wet content. Soil proving to be done on an immediate footing, which will quantify the shrinking happening in the bomber dirt. Coating of H2O proofing Si bed is to be done on an pressing footing all along the walls of the land floor. 4: White discolorations on lower degree of Inner wall: These white discolorations are the consequence of combination of termite action & A ; moistness. With addition in Dampness, termite & A ; other insects grows which hampers the open cements howitzer in the brickwork. Anti- termite spray along with H2O cogent evidence Si pigment is to make be done on pressing footing. 5: Dark stains & A ; fungus/moulds on the entryway manner: The non- usage of any infinite within the edifice is the greatest enemy which renders the edifice prone to multiple defects. By the photographic observation, it seems that the entryway is non of much usage by the pupils every bit good as staff of the college. Lack of care is straight seeable from the exposure. Proper cleansing is required, with encouragement needed to utilize this infinite. 6: Roof Gutter Collapsed: The technique of supplying trough for taking the rain H2O from the roof is an old technique that requires periodic betterment. Chocking of trough will ensue in accretion of H2O through the roof. 7: Cracks within the Floor: Due to tension turning with the concrete in the absence of enlargement articulations or any other articulations.Designation of Maintenance GeneratorThe Architecture edifice has many care generators. The care generators are those factors which act as an external factor upon edifice constituents. Due to Dampness, white pulverization like substance gets accumulated on the articulations of the walls, Due to termite action, doors & A ; wooden Windowss becomes hollow from indoors, such factors are called as care generators. Certain care generators are found within the edifice, which can be prevented by taking immediate action & A ; by commanding the proper use & A ; functionality of the edifice. Addition in Moisture Non use of certain edifice parts like the entryway of the architectural edifice Shrinking of bomber dirt Orientation of the edifice ( South facade of the edifice gets maximal Sun but still shows mark of moistness ) Functional infinite allotment Proper care to be doneRemedial Measures for the defects identifiedWith the nature of defect & A ; use of edifice, the nature of redress will differ. For the defects like perpendicular & A ; horizontal clefts, certain building techniques are to be followed which was non practiced earlier during the clip of building. Following steps are to be provided against some general defects found in the architectural edifice: – Dampness Redress: To avoid moistness doing failing of critical edifice constituents, following techniques are to be used:Provision of get bying rock to be done on all wall parapets.The incline of get bying rock should be inside the, towards roof non on the exterior.R.C.C. protective round gola should be made on all the corners & A ; junctions of the roof & A ; wall.The oral cavity of rainwater pipe should be sealed with H2O proofing sealer.Water proofing of crystalline Si is to be done on all the walls, to be done regularly twice a twelvemonth.Crack Redress: For look intoing against the perpendicular cleft, developed in the brick wall, sulphate content of the brick is to be checked, so that it does non respond with wet over a period of clip & A ; causes flower, which is the deposition of sulfate salt over the brick.For the clefts developed in concrete construction, following redress should be used against each peculiar type of cleft:for bar against shrinking of the bomber dirt, found ations is to be taken every bit much deep as possible to supply a amalgamate difficult province of stones to rest upon & A ; reassign the burden every bit on the bouldery interior surface of the Earth.Site sloped should be decently calculated, designed & A ; maintained.Damp H2O proofing is to be done in dual bed for sites where the land H2O tabular array is much higher.Overloading of any sort should non be entrained, for each burden there should be an structural constituents to bear its burden.Expansion spreads to be provided in roofs every bit good as floors for tenseness & A ; compaction actions in the concrete every bit good as steel.Alternate Method with Cost EstimationTo supply a cost effectual redress for any defect, will turn out to be sustainable in nature when the cost appraisal is to be concerned. Common method of bar & A ; protection of the assorted edifice defects are possible which are really cost effectual. It used locally available redresss, therefore cut downing the dependences on the high tech chemicals & A ; machine intensive plants for assorted defect. Use of landscape which repels the white ants & A ; insects is an first-class method to look into the termite action with the edifice. Such workss are to be planted in thrower plantation owner & A ; placed all along the external wall. It will besides heighten the aesthetical quality of the infinite along with supplying safety from insects & A ; termite. To forestall the wet content in the bomber dirt near the plinth country of edifice, workss necessitating more H2O are to be used as landscape elements. Plants like cactus & A ; other desert plantation owners can be used.Short & A ; Long Term Maintenance PlanShort & A ; Long term care program comprises of redress for assorted type of plants to be done under care direction. Prevention against moistness, molds, slickness, paying attending to the fresh facilitates of the edifices are a portion of short term program which will non take much clip & A ; based upon the templet are ranked 3 – 5 on the precedence footing. While long term programs include intervention against moistness by the H2O proofing Si pigment spray & A ; intervention of structural constituents like clefts, trough ooze etc.DecisionThe university architecture college is a non an old edifice, all the defects reported in the appraisal & A ; designation of the edifice are chiefly due to miss of proper care. The edifice is reasonably good conditions. The full defect runing near to 1 is to be treated on an pressing footing. Protection from moistness is really indispensable. For a organic structure to stay fit, we have to utilize each and every organic structure portion, the same expression goes worth the edifice, if you cease to utilize the infinite it will discontinue to be & amp ; act like a functional infinite. With the readying of short term programs on an pressing footing, the care section would make a healthy start up for care of the edifice which is the really psyche of Architecture College. 1|Page

Malware And Its Effects On Society - 1294 Words

Just like a biological virus, a computer virus is able to infect and ruin lives. This malicious software constitutes more than just simple viruses but also includes other types of software including worms, Trojan horses, and ransomware. Malware has been around since the late 1980’s. Originally, people became hackers to gain notoriety online, but today, it has become more of a business. Cyber attacks originate from all around the world, and it is not just individual people that benefit from it. In two decades, numerous cyber crime syndicates have been created, and states all over the world sponsor hacker groups. Over the past twenty-five years, malware has become less about checking the integrity of computer security and gaining notoriety in the underground cyber society, and it has become more of a chaos creating, money making business that many people and institutions take part in. History of malware To understand the business of malware, one must understand how malware has evolved in the past twenty-five years. Malware, which includes all kinds of malicious software, was originally created to show the weaknesses of computers. The first type of malware, created in 1986, was a virus called â€Å"Brain.A. Brain.A was developed in Pakistan, by two brothers - Basit and Amjad. They wanted to prove that PC is not secure platform, so they created virus that was replicating using floppy disks† (MiloÃ… ¡ević). Even today malware is still used to check the security of machines.Show MoreRelatedTaking a Look at Cybercrime1019 Words   |  4 PagesIntroduction Malware is a malicious software and act a single term to refer to virus, trojan horse, spy ware, worm and spam. It is design to harm to a standalone computer or a network computer. Type Of Malware Virus is a program that replicates by being copied to another program, computer or documents. 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