Friday, July 24, 2020
Collaborative Business Intelligence Socializing Team-Based Decision Support Article
Collaborative Business Intelligence Socializing Team-Based Decision Support Article Collaborative Business Intelligence: Socializing Team-Based Decision Support Article Nov 27, 2019 in Article Review Executive Summary Collaborative Business Intelligence: Socializing Team-Based Decision Support article by Barry Devlin in Business Intelligence Journal discusses the team-based decision making model that supports thoughtful decision making in many organizations. The model improves the current decision support systems that highly rely on data and partly on model. In the past years, people used business intelligence to make small decisions but relied on large amounts of data, which is not the case with the current business intelligence. Nowadays, a lot of team effort is required for innovation to take place to enable faster decision making. However, innovative decision making process does not necessarily require the large amounts of data that were traditionally depended on. Moreover, research has proved that most traditional decisions were based on unreliable information which led to decisions that did not conform to the overall organizational strategies and objectives. Business intelligence (BI) utilizes decisions made by groups which come as a result of interaction among managers, peers, and colleagues (Devlin, 2012). This is specifically made possible through the use of social networking sites such as Facebook and Twitter, and web 2.0, which promote social innovation, teamwork, and cooperation among people from different geographical locations. Enterprise 2.0 is one of the recent tools which promote interaction within organizations through sharing information and ideas with various stakeholders including customers, shareholders and management. Innovation Team-based Decision Making Innovation normally comes as a result of emergence of business challenges. Decision making process reacts to the challenges to meet specific goals that help to solve them. The challenges are addressed by decision support team, which is comprised of workers, organizations or new members. Decision support team requires information from members websites to gather more information, and the context which includes the environment, the team itself, the decision, interaction between the team and environment, history of team members, and consequences which bridge the gap between what team members expect and what actually occurs in the real world. As team members gather information through formal (soft and hard information) and informal (phone calls, conferences, short messages, etc.) means; however, some information gets lost on the way. Moreover, during team members discussions, not everything is documented; only information all team members agree upon is normally documented leaving new members who get admitted in the groups after discussions were made to float and raise unnecessary concerns (Devlin, 2012). Business intelligence normally needs information from both formal and informal sources, gathered from internal and external sources. Formal information is normally obtained from structured systems which include stored sources while informal information is obtained from sources such as phone calls and electronic messages, which are normally easy to lose. BI encourages storage of such information for future usage. The iSight Model: Innovative Decision Making The iSight model to innovative decision making defines team members in terms of what they do in the decision making process known as the investigation stage, it puts all the activities done during the decision making process together and allow them to be managed as a unit referred to as the interaction stage, and integrates all informal and formal information together and stores it for future use called the information stage. The Investigation Stage BI requires individual members of a team to collect both formal and informal information from other members of the team, the organization, other organizations, peers, friends, and professionals, and perform thorough investigations to gain their own understanding of the factors surrounding the issue (Devlin, 2012). Individual group members then interpret the information to understand them and identify their possible causes. This enables them to view the issue in a broader perspective and develop strategies of countering them. Once the causes are identified, group members internalize them to develop possible solutions to the issue. This does not normally utilize software but is initiated by interaction of team members. Team members are finally motivated by their personal goals to analyze the information and develop solutions to the issue. The Interaction Stage The interaction of group members acts as a bridge that joins together their behaviors and actions. It normally pushes the team to work with solidarity and achieve stated objectives, monitors the activities and communication in the team, and controls information flaw and getting out of the team (Devlin, 2012). The stage also enables information gathered from formal and informal sources to be captured, analyzed, related, and stored for future use, thus the importance of keeping records of information by team members. Interaction among team members and other stakeholders is made possible by the use of both old and new communication means. While team members can gather information through the old face-to-face communication, it limits the distance and level of information gathered. Electronic means of communication such as the use of social networking tools hastens decision making process; those tools are cheap, fast, enable gathered information and experience used again later, provide high quality information, and promote efficient decision making processes. The Information Stage Formal and informal information is very important in the decision making process. It provides team members with the base to reason, identify causes of problems, and develop solutions that will not only improve overall performance of organizations, but also provide sustainable solutions. They can be extracted from electronic and digital communication which is made possible through various means including phone calls, text messaging, social networking sites, emails, etc. Interaction through social networking sites such as Facebook and Twitter enables team members to capture, manage, and share information easily (Devlin, 2012).
Friday, May 22, 2020
Characters In Animal Farm, By George Orwell - 1079 Words
George Orwell was born on June 25,1903 in Motihari,India. He died on January 21,1950 in London,United Kingdom. George Orwell published Animal Farm on August 17,1945. The setting of Animal Farm is on a farm in England. The characters in Animal Farm are based off of leaders or people during a Russian political upheaval. The book reflects on the events leading to the Russian Revolution of 1917. George Orwell uses different characters and themes in Animal Farm such as leadership,corruption, and class conflict. Old Major is one of the leaders of the pigs. Old Major is a prize Middle White Boar. Old Major was highly respected by all the animals. Old Major is very persuasive. Old Major is very greedy and demanding. Old Major has a dream andâ⬠¦show more contentâ⬠¦Snowball is very cheerful and optimistic. Snowball is very different from Napoleon. Snowball is also very creative, he represents a leader. Snowball organizes a group designed to improve education and productivity. Snowball teaches all the animals to read and write. Napoleon and Snowball are the leaders on the farm. Snowball challenges Napoleon for leader of the farm. Snowball agrees with Old Major ideas and also wants to put in a seven commandments. Snowball represents Leon Trotsky. Snowball opposes Napoleon and Leon Trotsky opposes Joseph Stalin. Snowball argue on everything. Snowball speeches win over the crowd but Napoleon controls the animals with violence. Leon Trotsky and Snowball are similar because they both had a pla n to improve and better the animals. Leon Trotsky during the russian revolution proposes a five year plan. Snowball in Animal Farm proposes to build a windmill. Leon Trotsky and Snowball both help win their revolutions. Leon Trotsky and Snowball were both exiled out of there homes. ââ¬Å"After he is gone, Napoleon uses him as a scapegoat, blaming him for everything that goes wrong on the farm. In an allegory of the bloody purge trials that took place in the Soviet Union during the 1930s, the animals confess to scheming in various ways with Snowball for the downfall of the other pigs. Whoever confesses is slaughteredâ⬠(Blair)Show MoreRelatedCharacter Analysis Of Animal Farm By George Orwell717 Words à |à 3 PagesAlthough Animal Farm does not have any heroic characters, in the story there is a death of a supporting character. The death of a supporting character neither glorifies nor diminishes the supporting character to anything more or less significant. All characters, whe ther they are the major characters or even a minor, supporting character, they all do not have a complete story. There are no completely round characters in literature. Characters die; characters exist, simply for the sake of the plotRead MoreLiving Characters In The Farm, By George Orwell And George Orwells Animal Farm1681 Words à |à 7 Pagesexactly what the animals lived on the farm, first with Mr. Jones, then with Napoleon in the novel Animal Farm written by George Orwell. Although both living experiences under Mr. Jones and Napoleonââ¬â¢s command made life worthless, Napoleon made situations worse with rigorous daily work, strict rules, and death threats, in terms of treatment, freedom, and equality. Napoleonââ¬â¢s treatment towards the animals took a cruel, and selfish experience, mainly involving the minor class animals. Within the firstRead MoreCharacters in Animal Farm by George Orwell, Questions and Answers1204 Words à |à 5 Pagespowerful and persuasive character and can be directed as the leader of the pack. ââ¬Å"It is not crystal clear, comrades, that all the evils of this life of ours spring from the tyranny of human beings?â⬠This is where it all began with his solution to overpower man which would result in equality with all the animals showing his enthusiasm and impeccable mental, persuasive power. Boxer: Is a cart-horse, who has incredible strength, dedication and loyalty to show the type of character he portraysRead MoreAnimal Farm By George Orwell944 Words à |à 4 Pageslegs(Orwell 132). He carried a whip in his trotter(Orwell 133). In the novel Animal Farm by George Orwell, animals have the ability to talk and form their own ethos, Animalism. Animal Farm is an intriguing allegory by George Orwell, who is also the author of 1984, includes many enjoyable elements. More knowledge of the author, his use of allegorical elements, themes, symbols, and the significance in the real world, allows the reader to get more out of this glance into the future. George OrwellRead MoreAnimal Farm By George Orwell1397 Words à |à 6 PagesAn important quote by the influential author of Animal Farm, George Orwell, is, ââ¬Å"Every line of serious work that I have written since 1936 has been written, directly or indirectly, against totalitarianism.â⬠George Orwell, a Democratic Socialist, wrote the book Animal Farm as an attack on the Communist country of Russia (ââ¬Å"The Political Ideas of George Orwell,â⬠worldsocialism.org). He had a very strong disliking of Communism and the Socialist party of Russia. However, he insisted on finding the truthRead MoreTotalitarianism in Orwells Mind Essay1053 Words à |à 5 Pagesauthor George Orwell hates in government. 1984, a book written by Orwell, depicts a society called Oceania, in which unwary citizens are obedient to the Party, a totalitarian regime. Totalitarianism is defined as a political system in which a centralized government does not tolerate any form of political dissent and s eeks to control many, if not all, aspects of public and private life. Another one of George Orwellââ¬â¢s books, Animal Farm, is an allegory about the Soviet Union, and in it farm animalsRead MoreCharacterization In Animal Farm790 Words à |à 4 Pageswhich.â⬠Orwell wrote Animal Farm as an allegory based on problems resulting from the Russian Revolution. In Animal Farm, George Orwell uses tone, characterization, and stylistic elements to show that people in power use manipulation to stay in power. George Orwell uses characterization to show Napoleonââ¬â¢s character development throughout the story. Orwell uses characterization in Animal Farm to show how Napoleon went from an ordinary pig to the dictator. In the beginning of Animal Farm, whileRead MoreA Critical Review of Animal Farm Essay1643 Words à |à 7 PagesA Critical Review of Animal Farm Once again, George Orwell shows his literary genius in writing. Through a brilliantly designed plot, the evidence for the horrors of totalitarianism, communism, and revolution have been shown. Throughout history, these types of events have destroyed societies, and George Orwell uses his strength in satire to show this. In someways, he even pokes fun at the communist regimes around the world by symbolizing them as animals. Truly, this book is not only serious inRead MoreCharacter Analysis Of George Orwells Animal Farm923 Words à |à 4 PagesAnimal Farm Character Analysis Essay ââ¬Å"Old majorâ⬠¦ was so highly regarded on the farm that everyone was quite ready to lose an hourââ¬â¢s sleep in order to hear what he had to sayâ⬠(Orwell 1). The author, George Orwell, portrayed Old Major as the wisest of all the animals on the farm, and without being said, Major was a big part of Animal Farm. In fact, he influenced the lives of all the animals with just one speech. On the day of this speech, Major taught all the animals his wise ideas in a kind supportingRead MoreAnimal Farm, By George Orwell1212 Words à |à 5 PagesShe stood there over the dead animals thinking to herself what have we come to? We try to become free but we just enslave ourselves to a so called superior kind. Napoleon killed the animals in front of the whole farm and said that this was to be the punishment for the traitors. Snowball was known as a traitor now and anyone conspiring with him would be killed. Snowball and Napoleon both represent historical characters during the Russ ian revolution in 1917.Snowball who was one of the smartest pigs
Thursday, May 7, 2020
Analysis Of Anton Chekhov s The Lottery Ticket
ââ¬Å"I Stand Here Ironingâ⬠vs. ââ¬Å"The Lottery Ticketâ⬠In Anton Chekhov s ââ¬Å"The Lottery Ticketâ⬠, we are presented with a couple who, half-believing they have won the lottery, give themselves over to daydreaming what the future may hold with their winnings. The point of view is that of the husband though it is clear, throughout, that his thoughts find their echo in his wife s. At first his thoughts are pleasant but then, as he takes into account the differences, (some of them supposed), between himself and his wife, knowing the winnings would be his wife s and not his own, he sees trouble ahead, and becomes resentful of her. Only then does he check the final number to find that they have not won after all, at which point the reality of their relatively impoverished situation takes hold and life, once again, appears gloomy and mundane. In Tillie Olsen s ââ¬Å"I Stand Here Ironingâ⬠, a mother meditates upon the history of her now-troubled teenage daught er, a daughter she feels she can do little to help. Her daughter s temperament clearly arises from a troubled childhood. Abandoned by her father, with competition from other siblings, raised in an impoverished environment, there is little wonder as we read Olsen s description that the daughter should have turned into a troubled young woman. Her mother in her meditations, however, has clearly felt hopeless throughout. She feels she can do nothing for her daughter now as she has been able to do little for her in the past. She ends herShow MoreRelatedAnalysis Of Anton Chekhov s The Lottery Ticket 1378 Words à |à 6 PagesIn Anton Chekhov s ââ¬Å"The Lottery Ticketâ⬠, we are presented with a couple who, half-believing they have won the lottery, give themselves over to daydreaming what the future may hold with their winnings. The point of view is that of the husband though it is clear, throughout, that his thoughts find their echo in his wife s. At first his thoughts are pleasan t but then, knowing the winnings would be his wife s and not his own, he sees trouble ahead, and becomes resentful of her. Only when he checks Analysis Of Anton Chekhov s The Lottery Ticket In Anton Chekhov s ââ¬Å"The Lottery Ticketâ⬠, we are presented with a couple who, half-believing they have won the lottery, give themselves over to daydreaming what the future may hold with their winnings. The point of view is that of the husband though it is clear, throughout, that his thoughts find their echo in his wife s. At first his thoughts are pleasant but then, knowing the winnings would be his wife s and not his own, he sees trouble ahead, and becomes resentful of her. Only when he checks the final number to find that they have not won that the reality of their relatively impoverished situation takes hold and life, once again, appears gloomy and mundane. In Tillie Olsen s ââ¬Å"I Stand Here Ironingâ⬠, a hopeless mother meditates upon the history of her troubled teenage daughter whom she feels she can do little to help now as she has been able to do little for her in the past. With a troubled childhood consisting of abandonment by her father, competition from ot her siblings, and growing up in an impoverished environment, there is little wonder as we read Olsen s description that the daughter should have turned into a troubled young woman. She ends her meditation by focusing upon the iron, wanting to explain that life is like that, but that we should rise above it and not permit ourselves to be the garments that are beset by life s iron, pressing down upon us. In considering these two pieces, they will be compared and contrasted with specific reference to figurativeShow MoreRelatedAnalysis Of Anton Chekhov s The Lottery Ticket 1547 Words à |à 7 Pagesââ¬Å"I Stand Here Ironingâ⬠vs. ââ¬Å"The Lottery Ticketâ⬠In Anton Chekhov s ââ¬Å"The Lottery Ticketâ⬠, we are presented with a couple who, half-believing they have won the lottery, give themselves over to daydreaming what the future may hold with their winnings. The point of view is that of the husband though it is clear, throughout, that his thoughts find their echo in his wife s. At first his thoughts are pleasant but then, as he takes into account the differences, (some of them supposed), between himself
Wednesday, May 6, 2020
ââ¬ÅRodeo-Soho Fashion Spreeââ¬Â A Comparison Essay on Two Places Free Essays
Introduction It is true for a fact that due to the immense rise of globalization and competition in the world of business today, the contemporary society continuously seeks for fresher, trendy and the rather ââ¬Å"Gucci-fancyâ⬠commodities which will seemingly amaze anyone who happens to come across oneââ¬â¢s way (Peters Barletta, 2005).à As for me, I admirably belong to that certain groupââ¬âthe ââ¬Å"fashionistaz,â⬠as they say. I am a cloth addict. We will write a custom essay sample on ââ¬Å"Rodeo-Soho Fashion Spreeâ⬠A Comparison Essay on Two Places or any similar topic only for you Order Now à Not only because I am actually exposed to such line of industry given the fact that my sister works for Marc Jacobs, a renowned fashion commerce, but also because I had the indulgence and delight of seeing myself galloping along shops and stalls filled with all the wondrous stuff any ââ¬Å"trendyâ⬠lass could ever take to imagine. Apparently, for a trendsetter like me, undeniably a fickle aided individual in the fashion arena, it is inevitable to easily ââ¬Å"get enoughâ⬠of what I already have.à Consequently, it boggles in my head that I cannot exactly reach all the glittering stars in shopsââ¬âI need to wait for my time in life where I would be able to build my own Salvatore Ferragamo, Hermes and Ralph Lauren Black Label shops fit enough for my enthusiasm, and adequate for all the hungry ââ¬Å"fashionistazâ⬠living in this planet.à I know for a fact that trendsetters are fickle-minded beingsââ¬âexperience based.à I remember two shops which conceivably mean much to me, and my hobbyââ¬âthe gigantic Ta Ta Style in Rodeo Street, Seoul; and the Ralph Lauren Black Label shop at Soho Street, Manhattan.à The name of both stores will terribly ring a bell to my co-trendsetters. Seoulââ¬â¢s Ta ta Style In Rodeo Street, there are bunches of small but fancy boutique shops decorated with brand new fashion items, although one may not directly love the view in the exterior cascadeââ¬âscary, spooky and definitely not that presentable. Many have, in point of fact, rated such store as ââ¬Å"shabbyâ⬠and completely disgusting.à But then thereââ¬â¢s this line which says ââ¬Å"donââ¬â¢t judge a book by its coverâ⬠ââ¬âI guess it applies to this certain store. The Ta ta Style is the best place in the world for meââ¬âa place where one can find all the limited edition accessories and clothes with low prices, meet famous celebrities every day, hang out with a store owner who suggests brilliant itemsââ¬âand is admirably situated in the heart of the city.à The shop was cozy. A small orange sofa, a shiny silver coffee maker, a high tech TV and computer and other modern decorations were facing toward the guests. On the other side, hundred photographs of famous celebrities with the shop owner are posted on the mirror. Colorful shirts, vintage jackets, dandy jeans and funky ties, caps and chainsââ¬âeverything can be found in there.à Not only that, the owner also offers a beverage for its customers and talk to them in the most casual senseââ¬âtrying to get a glitch of what his customers want, like, or imagine of wearing.à In my own conviction, it is a ââ¬Å"sales techniqueâ⬠which gradually draws mutual benefit. Manhattanââ¬â¢s Ralph Lauren Black Label Classics are forever and trends are unpredictableââ¬âboth terms jive to one another, in a vicinity rated as a tourist spot and migration realm for international schemes, it is always a blockbuster hit to venture into a business which does not just settle for what is conventional, but rather on what is flexible.à Masterpiece, in line with trend, worth the priceââ¬âthree factors which best defines Ralph Lauren Black Label shop at Soho Street.à It was one of the biggest and fanciest shops I ever seen in my life. The store looked magnificently gorgeous, and its size was bigger than my high school assembly hall. Managers were dressed up with sharp suites, and they looked well educated for servicing their customers. However, somehow I couldnââ¬â¢t feel close to this store since everything was too much professional and organized. A gray cashmere muffler had a price tag on it which says two hundred and forty dollarsââ¬âsomething my pockets could not tend to reach for the immediate moment. Conclusions with further remarks Perceivably, both stores have things in common and entities which differ from the other.à Both offer the ââ¬Å"trendiestâ⬠inclination in human colony.à On the other hand, both disagree on the following: price, the ââ¬Å"sense of formality, and the place. Geographical basis, both are on different continents, the culture is the different and the places where the stores are situated, are terribly contrasting.à Manhattanââ¬â¢s glowing paradise is ââ¬Å"too formalâ⬠and decent, to be specific, while Seoulââ¬â¢s alley is ââ¬Å"fancyâ⬠and casual.à Only that, in their specific regions and area of jurisdiction, they are ââ¬Ërulersââ¬â¢ of the industry which they are most renowned into. For the reason that there are distinctive characteristics in every place, it is vague to extend a conviction based on biased opinions.à How a store may actually look like depends on the rationality of a person.à A lot of factors must be taken into considerationââ¬âlifestyle, culture, laws, tribal entities and the pyramid of social structureââ¬âall of which are the fundamentals which make up a certain structure.à For some, the ââ¬Å"fancy-shabbyâ⬠shop may be the ââ¬Å"worstâ⬠shop, but for those who live in there and for the people who loves their products, it is like a kingdom filled with jewels and happiness.à Everything falls on the lines of ââ¬Å"enthusiasmâ⬠and ââ¬Å"needâ⬠for something, and that is one to be respected.à Everyone is entitled for their own perceptions.à But then as for me, I settle for what I can affordââ¬âachieve, for that instance.à I love ââ¬Å"Ta taâ⬠and ââ¬Å"Ralph Laurenâ⬠ââ¬âthat i s my own conviction, my own life, my own fulfillment in life, my joy, my happiness, and so how I see both structures shows my standpoint as well. Reference: Peters, T., Barletta, M. (2005). Trends (Tom Peters Essentials). New York NY: DK ADULT. How to cite ââ¬Å"Rodeo-Soho Fashion Spreeâ⬠A Comparison Essay on Two Places, Essay examples
Monday, April 27, 2020
Study Plan for the SAT ACT
Is it stressful to watch seniors at your high school freak out about college applications? Itââ¬â¢s difficult to watch from the sidelines and know thatââ¬â¢s in your future really soon. So, instead of just worrying, hereââ¬â¢s a SAT/ACT study plan to kickstart the whole process for you. Many students start studying for the SAT or the ACT as early as sophomore year. And, thatââ¬â¢s okay, but you should not start any earlier than that. You typically only start learning the relevant materials that are tested in the standardized exams in your sophomore year. So, when should you start?How do you study best? Does it take you a long time to absorb information? When you do, how do you retain that knowledge for? Everyone has different studying habits, so donââ¬â¢t just do what your friends are doing. Take the time to understand what your own habits are. If do start Sophomore yearâ⬠¦ 1. Take the PSAT or ACT practice test If youââ¬â¢ve already made up your mind about which test to take, take the PSAT for the SAT and a practice test for the ACT. For a more direct representation, you can also directly take a SAT practice test. This will give you an idea of what your score range will be, and how you should study to get the target score youââ¬â¢re aiming for. 2. Discover your desired target score Look up a few of the schools you are potentially interested. (Donââ¬â¢t worry, these donââ¬â¢t have to be the exact schools you end up applying to.) Find out what the SAT or ACT score range at those schools are. Your target score is to be part of the top 25th percentile. You want to aim to have a better score than 75% of the admitted students.3. Create a study plan Now that you have your current score range and your target score, you can develop a study plan to help you meet your goals. Look at the score you got from your practice test, and your target score. Whatââ¬â¢s the point discrepancy? Every student learns and studies differently, but from our experience at Green Test Prep, studying 100-120 hours will help improve your SAT scores by +350 points, and ACT by +5 points. So, if youââ¬â¢re in your sophomore year, this might mean 20 minutes a week. Or, if youââ¬â¢re a junior, this will mean 1 hour a week. It all depends what your own timeline is. Weââ¬â¢ve put together 4 different test prep calendars for everyone in high school, so find the one that fits your needs!4. Take the real SAT or ACT in the fall Follow the study plan and register for either the SAT or the ACT in the fall. Both the SAT and the ACT publish their test dates way in advance, so look up which test date youââ¬â¢re shooting for. Itââ¬â¢s always helpful to have a set target youââ¬â¢re working towards.5. Evaluate your studying strategiesItââ¬â¢s everyoneââ¬â¢s dream to only have to take the SAT or the ACT once, but that doesnââ¬â¢t always happen to everyone. Sometimes itââ¬â¢s just nerves, but more often than not, there are specific weaknesses you can work on. Ask yourself these questions: Did you have enough time on each section? Did you know all the material? Is there anything you simply didnââ¬â¢t understand? Do you see repeated mistakes on similar types of questions? Based on your experience of taking the exam and practice sections, isolate what your weakness. The ââ¬Å"bad testerâ⬠is just a myth. Find out what material youââ¬â¢re lacking in, and testing strategies to help you beat the time constraints. 6. Retake the exam in the spring If you start early, youââ¬â¢ll have the time to take 2-3 months to retake the exam in the Spring. Take advantage of this break, and narrow the gap between your score and your target score! Test prep isnââ¬â¢t just about cramming all the materials and doing practice tests day and night. This is something you can add into your weekly class schedule and routine. Imagine the SAT or the ACT as one of your AP classes for the semester. Slow and steady, and youââ¬â¢ll get it done!Need help with the essay portion of the SAT or ACT? Use Green Test Prep, an online SAT prep platform, to help improve your score. Anthony-James Green has been called ââ¬Å"Americaââ¬â¢s Top SAT Tutorâ⬠by Business Insider magazine. He raises test scores an average of 346.5 points on the SAT and 4.6 points on the ACT. To discover how to get a guaranteed increase on your SAT and ACT scores with The Green Test Prep System, click here.
Thursday, March 19, 2020
Banking In Argentina Essays
Banking In Argentina Essays Banking In Argentina Essay Banking In Argentina Essay Banking on Argentina Background: London based HSBC derives its name from its founding members, the Hong Kong and Shanghai Banking Corporation Limited was established in 1865 and it permitted trading between China and Europe. After World War II HSBC expanded and diversified its business into Canada, Australia, and the United States; and in the 1990s expanding further into Brazil and Argentina. HSBC entered into Argentina in 1997 because their GDP had Just grown by 6. 1% in the last 6 years. Little did they know that Argentina was about to fall into recession. Now HSBC has to rethink loans and decide if the political and economic instability of the country was worth the risk of continued operations. Issue: Should HSBC move out of Argentina? Analysis: Yes 1: HSBC lost a total of $1. 1 billion in 2001 because of Argentinas problems. They started losing money once they entered Argentina, and that is never a good sign of a place being good for business. Yes 2: Argentina is a relatively small market compared with faster growing markets in Asia, including Hong Kong and China. They would make more revenue if they leave Argentina and stay in Asia. Yes 3: Argentina was burdened by its huge debt to private creditors and the IMF. Though they paid off the $9. 8 billion they still have several other debts including $9 billion owed to the Paris Club of creditor nations. Argentina has a lot of debt; that should be a sign for HSBC to move out of Argentina. No 1: HSBC reported that a strong rebound in industrial production and increased export of motor vehicles to Brazil has led to a 7. % increase in GDP in Argentina. They are showing signs of getting better. Its not going to be fast or easy but Argentina is showing hopes of staying afloat. No 2: There are higher sales in Argentina, and improved margins due to repricing initiatives. Argentinas economy is in a little better position than before and they are, again, showing that they are getting better. No 3: HSBC knows that exports have picked up, and they know that trade will not improve significantly in Argentina but they are illing to stick with it and see how things end up. Conclusion: Yes I believe HSBC should move out of Argentina because they lost a total of $1. 1 billion in 2001 because of Argentinas problems. Argentina Just paid off $9 million to IMF and still owe another $9 million to Paris Club of creditors nation. Also Argentines have attacked bank branches notably foreign-owned one because they are furious at the continuing freeze of their savings. They have only lost money since entering Argentina. Banking In Argentina By smrtass23
Tuesday, March 3, 2020
Objects Commonly Left Inside the Body After Surgery
Objects Commonly Left Inside the Body After Surgery When undergoing surgery, most patients dont consider that they could leave the hospital with foreign objects in their bodies. Research studies indicate that thousands of incidents (4,500 to 6,000) of this type happen each year in the United States alone. Retained surgical instruments after surgery can cause a number of serious health issues and may even lead to death. Leaving foreign objects in a patients body is a mistake that could be avoided with the implementation of extra safety precautions. 15 Objects Commonly Left Inside the Body After Surgery Depending on the type of surgery, surgeons are estimated to use over 250 types of surgical instruments and tools during a single procedure. These objects are difficult to keep track of during surgery and are sometimes left behind. The types of surgical objects commonly left inside a patient after surgery include: spongesscalpelsscissorstowelsdrain tipsneedlesguide wiresclampstweezersforcepsscopessurgical masksmeasuring devicessurgical glovestubes The most common objects left inside a patient are needles and sponges. Sponges, in particular, are difficult to keep track of as they are used to soak up blood during surgery and tend to blend in with the patients organs and tissues. These incidences happen most often during abdominal surgery. The most common areas in which surgical objects are left inside a patient are the abdomen, vagina, and the chest cavity. Why Objects Get Left Behind Surgical objects are unintentionally left inside a patient for a number of reasons. Hospitals typically rely on nurses or technicians to keep track of the number of sponges and other surgical tools used during surgery. Human error comes into play as incorrect counts can be made due to fatigue or chaos as a result of a surgical emergency. Several factors can increase the risk that an object may be left behind after surgery. These factors include unexpected changes that occur during surgery, the patients body mass index is high, multiple procedures are needed, procedures involving more than one surgical team, and procedures involving greater blood loss. Consequences of Leaving Objects Behind The consequences of having surgical tools left inside a patients body vary from harmless to fatal. Patients may go for months or years not realizing that they have foreign surgical objects within their bodies. Sponges and other surgical implements can lead to infection, severe pain, digestive system problems, fever, swelling, internal bleeding, damage to internal organs, obstructions, loss of part of an internal organ, prolonged hospital stays, additional surgery to remove the object or even death. Cases of Objects Left Inside Patients Examples of surgical objects being left inside patients include: A patient in a Wisconsin hospital was undergoing cancer surgery and a 13-inch surgical retractor was left inside his abdomen.A six-inch metal surgical clamp was left in a mans abdomen (behind his liver) following intestinal surgery in California. Even more astonishing is that this was the second time that a clamp was left inside this same patient after surgery.Surgical scissors were left inside a woman who had undergone uterine cancer surgery.A surgical glove was left inside a woman who had undergone a hysterectomy.A two-inch scalpel was left inside the abdomen of a man who was having heart bypass surgery. Prevention Methods Large surgical instruments are not commonly left inside patients. Retained surgical sponges make up the vast majority of objects left behind after surgery. Some hospitals are using sponge-tracking technology to ensure that these items are detected and not left inside a patient. The sponges are bar-coded and scanned when they are used to reduce the risk of an inaccurate count. They are scanned again after surgery to ensure that there are no discrepancies. Another type of sponge-tracking technology involves radio-frequency tagged sponges and towels. These items can be detected by an x-ray while the patient is still in the operating room. Hospitals that use these types of surgical object tracking methods have reported a drastic reduction in the rate of reported retained surgical objects. Adopting sponge-tracking technology has also proven to be more cost-effective for hospitals than having to perform additional surgeries on patients to remove retained surgical objects. Sources Eisler, Peter. ââ¬Å"What Surgeons Leave behind Costs Some Patients Dearly.â⬠USA Today. Gannett, 08 Mar. 2013. Web. 6 July 2016. usatoday.com/story/news/nation/2013/03/08/surgery-sponges-lost-supplies-patients-fatal-risk/1969603/.Williams, T. Tung, D. et al. Retained Surgical Sponges: Findings from Incident Reports and a Cost-Benefit Analysis of Radiofrequency Technology. J Am Coll Surg. 2014 Sep;219(3):354-64. doi: 10.1016/j.jamcollsurg.2014.03.052. Epub 2014 May 10.
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