Entrepreneurship & Innovation Dissertation Example | Topics and Well Written Essays - 2500 words

Enterprise and Innovation - Dissertation Example Starting at 2010, the greater part a billion people have set out on new enterprising endeavors. One of these phenomenal business visionaries is Arthur Lok Jack. Arthur Lok Jack is a business visionary who has the accompanying qualities: daring person; inventive; has foreknowledge and vision; ingenious; industrious; yearning, canny and educated; dedicated; reasonable; versatile; business astute; and works on systems administration. Hazard facing Challenge taking among business visionaries includes taking determined activities intended to control and limit the dangers in question, simultaneously guaranteeing that objectives are accomplished. This conduct separates business people from card sharks who rely upon possibility and from people who like to â€Å"play it safe† (Joseph 2003). Hazard taking conduct is seen as gainful, as uncovered in the positive relationship among hazard and yield wherein a more elevated level of hazard improves the probability of getting amazing outcome s (Analoui and Karami 2003). Penrose (1959) declared that business includes deciding open doors inside the monetary framework, including those which involve a high measure of hazard. Rauch and Frese (2007) credited hazard taking conduct on the entrepreneur’s affinity to settle on choices on circumstances which show low probability of achievement. This conduct makes business visionaries stand apart contrasted with hazard opposed people. Be that as it may, hazard taking may have various understandings. For instance, normal buyers may view such conduct as careless. Then again, entrepreneurs consider hazard taking as a transition to limit chance when settling on business choices. Inventiveness Entrepreneurs continually endeavor to discover approaches to create and present new and one of a kind items and administrations. Development may come in five structures: (1) presentation of another item or improvement in the nature of existing ones; (2) new strategies for creation; (3) open ing of new market; (4) new wellspring of gracefully or crude materials or half-made merchandise; and (5) new mechanical association (Joseph 2003). Schumpeter (1935) imagined a business person as a financial specialist equipped for making novel blends of creation factors in light of venture openings. A business person is seen as an imperative component of the entrepreneur economy who epitomizes the standards of industrialist change, just as mechanical and innovative change. There is mounting proof that pioneering creativity is essentially associated to progress. This applies to development on an individual and authoritative level. Hierarchical degree of advancement reflects how creative a business person is. The connection among advancement and achievement can be prevalently seen on new innovation associations contrasted with customary enterprises (Rauch and Frese 2007). Rutherford and Holt’s (2007) examination on the connection among individual and corporate-level ingenuity b rought up two significant realities. In the first place, ingenuity depends on an individual ability to create and present upgrades and advancements in work process. Second, singular spotlight on inventiveness is recommended since pioneering exercises are made and actualized by people. Prescience and vision Entrepreneurs are visionaries, ready to anticipate where the organization ought to be later on. Gillespie-Brown (2008) portrays how a business person imagines the: (1) eventual fate of existing items and administrations; (2) reevaluation of the business; and (3) age of chances in present markets. Bellini (2005) characterized foreknowledge

Physics in Cricket Essay Example

Material science in Cricket Paper Cricket is certifiably not a game that most Americans think about, be that as it may, it is a mainstream sport in Australia and in other British pieces of the world. This game isn't not normal for some other game in the territory that it includes a lot of material science. In any case, this paper will concentrate on the part of bowling the ball and the hitters response to this. When contrasting Cricket with different games that most Americans know, the nearest coordinate that can be found is baseball. For instance, a ball is tossed toward somebody with a bat, and the individual with the bat endeavors to hit the ball outside of a set limit. Additionally, the scoring framework is cricket depends on runs. Sounds fundamentally the same as baseball, correct? Indeed, it is a lot of like baseball, however the wording utilized is extraordinary. For instance, in baseball, the individual who tosses the ball is known as a pitcher, yet in cricket, this individual is known as a bowler. Conversely, the individual who hits the ball with a bat is known as a player, in any case, a bat in cricket is vastly different than a bat in baseball. In baseball the bat is round, yet in cricket the bat is molded like a long oar, which means it is level on different sides. We will compose a custom paper test on Physics in Cricket explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Physics in Cricket explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Physics in Cricket explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer First comes the player while getting ready for a game. A discussion that emerges in both cricket and baseball the same is the subject of â€Å"what size bat ought to be utilized? † The response to this inquiry is, whatever size permits you to put the most conceivable speed while making the ball take off at around a 45-degree edge. This relies upon what bat an individual is OK with. For instance, an individual may have the option to swing a light bat at 45m/s yet a heavier bat at 38m/s, subsequently in principle the lighter bat would take a ball further on the grounds that it has greater speed to move to the ball, correct? Not exactly, a heavier bat packs significantly more energy and vitality, so the power from that would cause the ball to go further, so the stunt is really swinging the heaviest bat that feels great to swing, since when attempting to hit the ball out of the field, this force comes in exceptionally convenient. The bowler’s job is very different from the batter’s. The bowler’s objective is to get the show on the road past the player and hit the wicket, the objective that the hitter is securing. One approach to move toward this accomplishment is to toss the ball as quick as conceivable with no turn past the player with the expectation that hello will miss and the ball will fortunately hit the wicket, however this hypothesis doesn't work constantly. Thus we have another methodology, utilizing turn. Since the bowler must skip the ball, the bowler can do the ball switch bearings, increment or even lessening in speed rapidly. While the principal strategy utilizes just tw o measurements, this procedure utilizes three measurements. By adding twist to one side, the ball in result will kick to one side when bobbed, and the equivalent is valid if turn were added to one side, it would kick right pointedly. To make a ball kick forward, topspin must be added to the ball, which means, the ball will be spun a forward way. This makes the ball jump toward the ground, at that point when it skips, plunge forward at a more decreased edge than what it entered, along these lines the ball comes in nearer to the ground. Reverse-pivot is included by, as you start your bowl, turning the ball in reverse as it is tossed. This causes a slight â€Å"glide† through the air, on account of air opposition, and upon sway with the ground, the ball will bob up at a lesser edge than without turn. Accordingly, as opposed to topspin, in the event that it hit the ground in a similar spot, a ball with reverse-pivot would get to the player at a higher stature than would a ball with no turn suggested. Next, we have the point at which the ball hits the ground. With no turn suggested, the ball will extend itself, or skip, away starting from the earliest stage a similar edge it entered. Despite the fact that the tallness at which the ball moves toward the player depends on speed, it additionally depends vigorously on the edge of the skip. In cricket, all bowlers have, contingent on tallness of the bowler, around a similar spot that the ball leaves their hand. Along these lines, the edge at which the ball strikes the ground relies upon how close or the distance away the bowler focuses on the ball to hit. On the off chance that the bowler has apportioned how far where he intends to ricochet the ball, we can figure the edge at which the ball will strike the ground, and afterward compute at what tallness the ball moves toward the player. In any case, adding topspin or reverse-pivot to a ball opposes this. As said before, topspin makes the ball bob at a lesser edge than typical, contingent on the pace of turn. What's more, adding reverse-pivot makes the ball bob at a higher edge, likewise relying on the pace of turn. All in all, material science is utilized in all games, and for what reason would cricket be any extraordinary? Despite the fact that cricket is a convoluted game with numerous peculiar principles and guidelines, it despite everything utilizes a similar energy, powers, gravity, and speeds, among numerous different material science ideas that the games we know and love use. Especially, material science is seen through the part of bowling the ball and the batter’s response to this. References MATHS AND PHYSICS OF CRICKET, ESPECIALLY SWING BOWLING . 10 Sep 2008. http://www. msstate. edu/organization/mcc/newsinfo/physicsofbowling. pdf. Cross, Rod . The Physics of Cricket. The Physics of Cricket. 10 Sep 2008. http://www. material science. usyd. edu. au/~cross/cricket. html Cricket. Cricket †Wikipedia, the free reference book. 10 Sep 2008 http://en. wikipedia. organization/wiki/Cricket .

The Best Experience of My Life Free Essays

One of my preferred family conventions is summer excursion. Each mid year no matter what we take some time off, and we remain there for at any rate seven days. For as far back as five years we have been going to Disney World with our family that lives in Los Angeles. We will compose a custom exposition test on The Best Experience of My Life or then again any comparable subject just for you Request Now He is my cousin Ricardo, he lives with his significant other and his 1-yearold little girl. I like them in light of the fact that they’re decent, cool and amusing. It has transformed into a custom and we as a whole love to be together and make some great memories. Consistently when we go they welcome us in such a manner they cause you to feel like home. Once we’re there and our excursion begins we simply disregard everything and unwind for seven days. We have been traveling with our cousins for such a long time, for an awesome explanation. It is on the grounds that everybody gets along. My mother and father, Ricardo and his significant other Mari have an awesome relationship. Ricardo my cousin, who is 30, is my cousin and my companion and we get along extraordinary. My sister Susan, who is 25, and Mari, who is 27, additionally get along well overall. This works out extraordinary in light of the fact that we are for the most part mature enough to go out and do whatever us might want to do without getting the guardians an excessive amount of included. Since a large portion of the great activities are found right close to the inns we remain at any irregular lodging. We infrequently need to approach them for a ride anyplace, so everybody goes their direction and it transforms into an incredible excursion for us all. We have been going to Disney World together for whatever length of time that I can recollect. We know the spot all around. Where all the best rides are, which park is the best. It even got so terrible that we comprehended what time the lines for each ride was most brief. Disney World consistently comes out with an another ride or show every year . All the characters are the equivalent however they’re consistently upbeat and applauding the little children. So it doesn’t gets exhausting, that is the thing that for the most part keep us keeping returning for more quite a long time after year. We set out toward the food court since we were all eager. All I had eaten in the whole day was water a sandwich and a bit of gum . Time was slipping away and we rushed in light of the fact that we intended to go to the rides last. At the point when we showed up at the eatery me and my sister requested a monstrous burger, my mother and father fish, and my cousin and his better half chicken. At the point when we finish we were all fulfilled and we set out toward somewhat fun. We saw a few lights in the far end and we tailed them. We showed up at a show it was known as the electrical motorcade and it was truly cool. So we went down there the previous summer and it was a major excursion for us all. I realize it was a greater amount of a children’s excursion which however it was exceptionally fun and we as a whole adored. As I would see it we are excessively old for Disney World yet it was my preferred get-away. My preferred part was the point at which we went to the rides and jumped on a rollercoaster. My sister did whatever it takes not to upchuck yet I surmise she had a feeble stomach and retched all over my father. Sadly for my father, he was on a similar truck and he regurgitated as well. At the point when everything was finished and we were in a lodging we kidded about the regurgitation and giggled extremely hard. We shouldn’t had eaten directly before going into the rollercoaster. Step by step instructions to refer to The Best Experience of My Life, Papers

10 Steps on How to Get Your Finances in Order

10 Steps on How to Get Your Finances all together When you’re simply beginning on your profession way, long haul money related arranging and security probably won't be the firstâ thing at the forefront of your thoughts. Paying rent and everyday costs, trimming down understudy credits, being monetarily free those are the sorts of things at the highest point of the need list. Thinking past that can be a significant test, much after you score an all day work and can begin contemplating progressively budgetary strength. Why stress over this now? All things considered, you’re youthful and potentially simply getting your profession feet under you. A lot of time until you have to stress over things like 401(k)s and purchasing land, isn't that so? Actually the better you set yourself up monetarily now, as far as propensities and savings, the happier you’ll be later. It’s exhausting, yet evident. Life is entirely capricious. You can’t truly underestimate that there will be a lot of time to settle things la ter. What's more, beginning some accepted procedures presently can help protect you a little if your funds some unpleasant patches (like employment misfortune, individual life changes, or other large shifts).According to a study done by close to home money application Acorns, about portion of recent college grads overviewed felt like they were â€Å"treading water† monetarily. That doesn’t must be you†¦if you’re in the cheerful situation of having a steady, full-time gig, presently is the ideal time to begin thinking and arranging and holding onto control of your finances.There are things you can (and should!) be doing, regardless of whether you’re simply beginning in your vocation. Let’s take a gander at 10â ways on the best way to get your accounts all together, and put yourself up a very long time down the road.1. Make a budget.A spending plan is the way to monetary wellbeing there’s no chance to get around it. On the off chance tha t you don’t monitor where your money’s going and where it ought to be going, it won’t take much for spending to gain out of power. Furthermore, it’s critical to make it realistic†¦if you know you won’t have the option to stop your Starbucks propensity, construct it in and ensure it adjust with your other spending.You don’t need to deny yourself of everything that doesn’t fall in the lodging/food/utilities/life essentials/vehicle installment realm†¦you simply should be straightforward with yourself about how your spending functions, and what you can bear to spend on things that aren’t last chance. (I know, some of the time that latte feels like life-or-death.)For more on building a financial plan, OnlineCollege.org has some incredible planning guidance for the individual account beginner: [via onlinecollege.org]2. Do your research.If you’re like me, the possibility of cash and individual account may worry you. M y verifiable strategy (which is unequivocally not suggested) was to abstain from managing any of it legitimately, which was an extremely hazardous game.If you’re not sensible about your obligation and your choices for managing obligation and costs on a progressing premise, you chance falling into terrible (and credit-harming) propensities. So my suggestion to you is this: be educated! You’re previously searching for data here, which is incredible, yet there’s an entire universe of individual money related information out there to make you a more smart saver, financial specialist, and high-roller. Here are some convenient books to get started:Smart is the New Rich: Money Guide for Millenials, by Christine RomansWhy Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By, via Cary SiegelPersonal Finance for DummiesSimple Money: A No-Nonsense Guide to Personal Finance, by Tim MaurerAnd some accommodating web assets as well:S. News World ReportInvestopediaAcorns Grow3. Acquire more, spare more.When you get a raise, it’s too energizing particularly considering what you’re going to purchase. However, when you get the uplifting news, likewise consider how you’re going to knock up your reserve funds as needs be. In the event that you work in that expanded when you get your raise, it’s simpler to cause the greater piece to feel status quo.4. Be careful with sandtraps (costly habits).Things like going out with companions can make your costs snowball. When you’re all over town, it’s so natural to forget about what you’re spending and where-you’re making some great memories! A lot of time to stress over income later, isn't that so? In the event that you’re intending to go out, or have ordinary evenings out, ensure you work this into your financial plan for the week/month, with the goal that you don’t end up scrambling to cover different things when the charge card installment comes due.5. Realize the score.Your FICO assessment, to be careful. This can give you a pattern for your own monetary arranging. In the event that you have some work to do to raise it to an acceptable level, this can assist you with working harm control into your spending plan. In the event that you as of now have a sound FICO rating, that’s incredible! You can progress in the direction of keeping up that-or in any event, making it better.6. Consider your goals.Do you need to purchase a house or townhouse in five years? It is safe to say that you are contemplating settling down and beginning a family with that unique individual in the close ish future? When working out your own funds, your drawn out objectives are too significant. The sooner you can begin saving investment funds for these needs, the more consistently it turns out to be a piece of your monetary routine.If you’re the cunning sort (or simply need a visual token of your ob jectives), consider building a money related vision board. Putting your objectives down in one spot can make it simpler to keep those needs up front in your head.7. Become familiar with the specialty of the deal.Negotiation isn’t only for very rich person presidential candidates†¦it‘s additionally a device that will work well for you at each progression of your profession. Having the primary genuine activity is extraordinary, however it’s additionally a beginning stage. Regardless of whether you remain in the activity for quite a while, you should exploit arrangement to expand your compensation and advantages. This has different advantages for you: not exclusively do you (ideally) get more cash, however you likewise assemble your expert certainty. You don’t must be Donald Drumpf, you simply should be your own best advocate.8. Get a â€Å"money buddy.†This doesn’t mean you have to share your well deserved money with your companions (excep t if you’re feeling liberal and need to get that bar tab)†¦rather, you should pick a companion or relative that has great monetary propensities, and discussion transparently about your own fund objectives and difficulties. Studies show that great cash propensities come off on dear companions, so in the event that you end up battling with your spending plan while your companion consistently appears to have her costs secured and represented, pick that companion as your cash buddy.Having another point of view can likewise assist you with settling on better choices. For instance, in the event that you and your companion are both attempting to be more frugal about snacks, you can make arrangements to eat your earthy colored pack snacks together as opposed to going out and getting costly sandwiches down the road. Solidarity is key!9. Consider going money only.Credit cards are helpful, and convenient after all other options have been exhausted when you have to cover a huge cost right away. Be that as it may, they’re likewise sort of the demon. â€Å"Charge it,† they murmur from your wallet. â€Å"Buy it now, don’t consider it until some other time. Maintain an unsustainable lifestyle, friend!† And that’s how charge card obligation swells like those large yard adornments at Christmas.To keep away from enticement and increment money related responsibility, think about paying money (or charge) for everything. That way, your Visa adjusts remain unblemished for crises, and you’re more averse to overspend.10. Pay down your understudy debt.If you took out credits to take care of school educational cost and expenses, you’re positively not the only one. 70% of graduates convey advances, owing a normal of $31,172. Now, understudy advances are a (trillion!) dollar industry. It’s a typical issue that is turning into a bringing together monetary power for millenials: pretty much everybody begins their expert life nowadays with a clear encounter record yet a full budgetary one.And despite the fact that taking your well deserved cash and rationing different pieces of your life just to send looks into the void can be an intense one, it’s a significant responsibility to make. In the event that you can’t bear the cost of enormous installments, work with your loan specialist to set up installment plans. It’s so critical to future you to fend chipping off at the behemoth as best you can.Tools to Get You on TrackGood news: there’s an application for that! Many, to be explicit. On the off chance that you’re hoping to take-and keep-control of your funds, you can deal with the procedure from your telephone or tablet as effectively as you can check email.Mint †Provided by monetary administration organization professional Intuit, this is a site that causes you track, oversee, and plan your accounts in a single spot. It offers a free record, bunches of exhortation on overseeing cash, contributing, and so forth., and a portable application for iOS, Android, and Windows.Budget Simple †If you need assistance fabricating your financial plan, this web application is an extraordinary spot to start.You Need a Budget †The name makes it quite clear, no? This product lets you make a financial plan, and uses its own sparing and spending approachs to assist you with discovering approaches to meet your money related objectives. Likewise accessible for iOS and Android.Spendee †This portable application encourages you track your investing in genuine energy, and recognize regions of concern-and potential reserve funds! Accessible for iOS and Android.Once you have the essentials down and part of your everyday practice, you’ve effectively done a ton of the difficult work of getting into money related shape. It’s never too soon to begin getting ready for â€Å"later†-in any event, for retirement. What's more, it doesn’ t must be startling; on the off chance that you take in substantial income propensities part of your day by day and week after week defeat

Free Essays on Global Perspectives of Sept. 11

On September 11 2001, Americans stirred to discover our nation enduring an onslaught. The nation went into a condition of stun. Many including myself continued soliciting, who could of done something like this to the United States and why? After the underlying stun Americas subsequent stage was to figure out how to react to these demonstrations of war. Be that as it may, in what capacity should this be possible, and what will be the reaction of the remainder of the world? Well as each paper, or TV. Report appears, the remainder of the world is responding in a wide range of designs, either through worldwide solidarity, state supremacy or social pluralism. In the accompanying paper I will show how these reactions are now obvious in the reactions of different acts, and furthermore how I think the best possible method of reacting to the demonstrations of war utilizing these points of view. The principal point of view that I will analyze is Global Unity. Worldwide solidarity is significant in the manner the United States is reacting to the demonstrations of fear based oppression against them. Presidents from over the globe including Britain, France, Germany, and Saudi Arabia, among others, have come to America about framing a coalition against fear based oppression (6). I feel this is basic to the accomplishment on closure the taliban, and other fear based oppressor bunches all through the nation. Anyway these partnerships are not exceptionally viewed by numerous extraordinary Muslim gatherings who have just guaranteed brutality against nations, for example, Indonesia if support is given to the United States (6). Another way that worldwide solidarity has influenced the manner in which the United States has reacted to the assaults is through America’s propensity to menace around different nations through a type of worldwide solidarity alluded to as paternalism (13). Nations like Pakistan for example were told they gambled â€Å"very grave consequences† in they didn’t support the US crusade to follow Osama canister Laden, the supposed coordinator of the assaults on the United States (11). President W bramble ventured to caution different nations of the result... Free Essays on Global Perspectives of Sept. 11 Free Essays on Global Perspectives of Sept. 11 On September 11 2001, Americans arose to discover our nation enduring an onslaught. The nation went into a condition of stun. Many including myself continued soliciting, who could of done something like this to the United States and why? After the underlying stun Americas subsequent stage was to figure out how to react to these demonstrations of war. Be that as it may, in what manner should this be possible, and what will be the reaction of the remainder of the world? Well as each paper, or TV. Broadcast appears, the remainder of the world is responding in a wide range of designs, either through worldwide solidarity, state power or social pluralism. In the accompanying paper I will show how these reactions are as of now clear in the reactions of different acts, and furthermore how I think the correct method of reacting to the demonstrations of war utilizing these viewpoints. The main viewpoint that I will look at is Global Unity. Worldwide solidarity is significant in the manner the United States is reacting to the demonstrations of psychological oppression against them. Presidents from over the globe including Britain, France, Germany, and Saudi Arabia, among others, have come to America about framing a collusion against psychological warfare (6). I feel this is fundamental to the accomplishment on closure the taliban, and other fear based oppressor bunches all through the nation. Anyway these coalitions are not profoundly viewed by numerous extraordinary Muslim gatherings who have just guaranteed viciousness against nations, for example, Indonesia if support is given to the United States (6). Another way that worldwide solidarity has influenced the manner in which the United States has reacted to the assaults is through America’s inclination to menace around different nations through a type of worldwide solidarity alluded to as paternalism (13). Nations like Pakistan for example were told they gambled â€Å"very grave consequences† in they didn’t support the US crusade to follow Osama container Laden, the supposed coordinator of the assaults on the United States (11). President W bramble ventured to caution different nations of the outcome...

Understanding the Fog of Depression How to Do Away with Our Inner Demons

Understanding the Fog of Depression How to Do Away with Our Inner Demons Depression is a state of mind where you feel helpless and a constant lack of energy to do anything worthwhile in your life.According to the National Institute of Mental Health, a staggering 16.2 million individuals are afflicted by depression in the United States alone. In this data, depression was measured with the hopelessness and loss of pleasure experienced by the individual lasting for over two weeks.While it’s common for humans to experience episodes of grief ever so often, a depressive disorder lasting longer than a month leads to dangerous complications in personal health and may even put your life at risk.It’s necessary to seek help immediately upon experiencing a long period of confined sadness and that’s why if you suffer from it or know others who are in depression, it’s best to read this informative piece on the remarkable ways to beat depression.UNDERSTANDING DEPRESSION AT ITS COREWe’ve all heard the phrase used around often â€"“I’ve been depressed my whol e life.” “My neighbor just went into rehabilitation due to his depressive episodes.” But what is a depression in the truest form?A little history behind “Depression”The ancient Greeks were among the first to identify depression and it wasn’t as common in the medieval age as it is today. Interestingly, “Sadness” was an epidemic and was considered a disease in ancient times.The term “Depression” was first used in the book “Chronicle” by Richard Baker, who was an English author in the 1600s. This term was popularly used in economics and physiology.Sigmund Freud and Kurt Schneider were popular German psychiatrists who were responsible for influencing depression the way it’s today in the early 1920s. They showed the world that depression was much more different from grief and sadness and had a profound effect on the human mind that may linger for months and years after its affliction unlike any other form of mourning. This interesting insight was coined as â€" E ndogenous Depression.Now that we’ve understood how depression came to manifest in society, let’s further study the medical definition of depression in the modern world and how it afflicts someone.Depression in the modern senseDepression shouldn’t be mistaken for grief. While grief can manifest into depression if it isn’t treated on time, it’s a byproduct of sadness.Similarly, scoring poorly in your exams isn’t depression but it’s the feeling of being let down by yourself. All these feelings are emotions that are felt by people frequently and shouldn’t be clubbed with depressive episodes.When a person or individual strongly feels hopelessness and anxiety to the point where his or her life is controlled, and their decisions are based on their emotions, this is called depression.A depressed mind will rarely feel happiness for extended periods of time and will almost always find ways to connect any topic with a negative mindset or feel completely helpless in completing a simple task.Let’s take an example â€" Jane and Ann are two sisters. While both are introverted and prefer staying indoors, Ann seems to prefer sleeping all day instead of performing indoor activities such as Jane. Ann is always sad as she feels she is less accomplished than Jane. Whenever Jane tries to help Ann, she reacts violently and refuses to talk to Jane and simply withdraws into her room.In the above example, we’ve isolated the behavior of Jane to be that of an introvert who doesn’t necessarily like to spend time with others but is also content with her life.So, not all introverts are depressed individuals. However, Ann displays symptoms of depression such as â€"Aggressive behavior toward JaneOversleepingFeelings of envy and jealousy towards Jane for no apparent reasonLoss of energy to be creativeIsolation from her sisterThe above characteristics are strong symptoms of depressed individuals and we’ll learn more about these warning signs in the below sections.Short Su mmary of DepressionBefore we begin treating depression, it’s necessary to understand what depression really is.Here is a quick summary to get you initiated about depression â€"Common symptoms of depression involve loss of interest, appetite changes, self-criticism, guilty conscience, depleted energy levels, and lack of sleepDepression has no age. It affects kids all the way to senior citizensSuicidal tendency is the single biggest risk factor for depressed individualsYoung adults aged between 18-25 are among the most proneIf clinical depression is left untreated, it leads to heart diseases and stroke.Research shows if the parent suffers from depression, their children are 3 times likely to have depression. Depression can be genetic.Brains of depressed individuals look different on imaging tests as compared to those that are mentally healthyExercise has shown to be effective as it releases endorphins to destress the mental stateDuring winter, some individuals are likely to be expos ed to depression due to seasonal changes. This is known as Seasonal Depression.Now that you know of these interesting facts about depression.Let’s understand the warning signs of depression and the symptoms it presents itself with.COMMON SYMPTOMS ASSOCIATED WITH DEPRESSIONOften, we feel let down by our moods and don’t always have a great day. While this isn’t something to fret about as there’s always tomorrow to look forward to.However, when you feel your mood doesn’t improve for longer than two weeks, it might be a good idea to take the following symptoms into consideration and see if you suffer from them.1. Loss of ConcentrationEarly signs of depression begin with a complete loss of concentration and your inability to make simple everyday decisions.For example â€" A healthy individual will wake up and begin to commit to his daily activities of showering and getting ready for work.A depressed individual tends to lose focus on their daily tasks and begins to laze around in bed all day thinking of all the negative factors. Due to depression, there is a loss of productivity and a lack of focus.2. Aggressive BehaviorDepressed individuals react violently even to the slightest annoyance. Their tolerance levels are relatively lower than that of a healthy individual.When the mind is depressed, these individuals shut themselves from the world and keep to themselves.Trying to offer advice and sympathy may backfire as they are usually in a foul mood when faced with advice.3. Extended Self-loathingAlmost every depressed individual feels the necessity to criticize themselves harshly than they normally would. This is because they have strong emotions related to a previous guilt that they can’t forget.Self-loathing is a common symptom of depression to which depression soon takes over. Remember that mistakes happen by everyone, however big, anything can be forgiven.4. Poor Sleep PatternsWhen you’re depressed, a lot of your time is spent staying awake and playin g back the negative events that occurred. This causes you to develop sleep apnea or insomnia where your normal sleeping pattern begins to change drastically.You’ll find yourself oversleeping during the day and staying awake in the nocturnal hours of the night.This is especially bad for your health as the body requires essential sunshine to remain energetic.5. Weight ChangeIf you’ve been seeing a change on the weighing scales lately and demonstrating sudden mood swings, you may be a victim of early depression.Weight loss or weight gain is common in depressed individuals as they either overeat due to stress or stay away from food due to a lack of appetite.As a rule of thumb, ensure your body weight doesn’t increase or decrease by 4%in a month.Let’s take a small test to find out if you suffer from depression or not.In this test, simply tick the answers that you feel strongly towards as either “A” or “B” or “C”. The results will be displayed after. Do you believe in your future goals?A. Of course. I’ve mapped out my entire lifeB. Not really. I believe in letting fate write my chapters.C. I don’t believe in my future as I don’t see one. Do you believe in forgiveness and letting go of the past?A. Mistakes are a part of life. So is forgiveness. We should live and let live. B. Forgive but never forget. C. I can’t forget my past. I have done wrong to others and others have wronged me. Have you ever had suicidal tendencies?A. Never! I believe life has a lot to offer to waste my time in negativity. B. Sometimes. But I’ve always convinced myself otherwise. C. I constantly think about ending my life. Are you able to complete your daily tasks on time?A. Yes! Work priorities are something that I highly value and cherish. B.  I do procrastinate sometimes but I get the work done. C. I lack the concentration to get my work done and I’m always putting it off for tomorrow. Which book among the two appeals to you the most â€" “Glory of Life” or “The Ultimate Sorrow”A. Glory of Life! Seems to be full of life and it’s the kind of book that I would read. B. Don’t care about either of them. They sound stupid. C. The Ultimate Sorrow is a name that touches the inner sanctums of my mind.Here are your test results. Count the respective options and see what letter among “A” “B” or “C” did you pick the most out of the 5 questions.Mostly A’s â€" You’re a bright and positive individual that enjoys the gifts of life. Your mind is as healthy as it should be, and depression is not a word that exists in your personal dictionary.Mostly B’s â€"You’re treading a thin line between a healthy mind and a disturbed one. You may even fall into a depressive lifestyle if you aren’t careful. While some things in life don’t need to be taken seriously, it’s also necessary to pay attention to other areas.Mostly C’s â€"You are a danger to yourself. It’s necessary to speak to someone close about your inner conflicts. Every problem has a solution. It’s necessary to find the solution by speaking to a psychiatrist about your troubles and seeking treatment immediately.DEPRESSION AND ITS EFFECTS ON OUR PROFESSIONAL LIVESNot everybody understands your definition of depression the same as you. Some take it as a casual medical condition that gets better with time while others seek timely help understanding the dangers of a disturbed mind. One thing we can all agree upon regardless of the type of depression is that ­ ­ ­ ­ Persistent sadness should have no place in an active professional life.Depression ranks 3rd among workplace problems faced by employers in the U.S.More than half of all medical plans for insurance claims resulted in treating depressionEvery time the market falls or the economy collapses, depression takes the top spot for the most afflicted medical condition affecting workers worldwideAt least 15% of employees suffering from severe depression always results in suicideFemale workers were more likely to suffer from depressive episodes in the workplaceDue to the nature of depression, employees rarely take help from medical professionals. They believe it hurts their chances at job-seeking and are worried about the confidentiality of it.In an NMHA data survey, 64% of employers were likely to refer their depressive employees to the EAPDo we have your attention on how severe depression really is in the workplace? Now have a look at the problems that employees face in their workplace when they suffer from clinical depression.Unable to meet their deadlines on time and hence are reduced to the same pay cheque for years. Worst case scenario they are fired from their post.Restlessness and irritability at work cause depressed individuals to lead an isolated lifestyle where they don’t get to make any social contacts to build their professional career.Depressed employees tend to oversleep and always reach work late. This puts them at risk of being fired from the job.Due to the lack of concentration, despaired employees are always subject to learn less in their professional lives compared to their colleagues.Employers will never consider a mentally unsound employee for a promotion.The negativity from work can begin to build in the mind of a depressed employee. In the end, suicidal thoughts begin to enter their minds or worse they could cause harm to the entire management.These are just some of the classic problems faced by the workforce across the world. Depression isn’t just a bad week or month, but it leads to fatal episodes such as taking your own life if you aren’t actively monitoring yourself.For these very reasons, many companies hold activities and fun events such as picnics or a trip to the countryside to de-stress their employees. Companies understand that overworking leads to a threat that if left unchecked can topple their entire workforce as well as the company’s profits.Here is a checklist of “Do’s” and “Dont” to follow to ensure a healthy mind.Don’t think about the lashing that you just received from your boss and take it as a part and parcel of your professional life. Everyone gets a good verbal thrashing often in their career.Do try and listen to music during a break to destress your mind. Ensure the music is soothing or simply listen to the sound of ocean waves. Calming your mind can help bring down your work frustrationDon’t work overtime for more than 2 days a week. The additional money that you get isn’t worth the stress that you carry home after.Do spend time conversing with your co-workers for a total of at least 1 hour in a week. Even if you don’t prefer it, socializing helps relieve the added stress.Don’t feel stressed when you don’t receive the promotion that was promised to you. If you truly feel the company has let you down, simply jump ship. Expecting something to go your way adds a lot of unhealthy stress and negative weight on your mind when it backfires.Do simplify your large goals into mini-goals. Milestones are easier to achieve and simple to work towards compared to long stressful goals.Don’t be afraid to point negative factors to your boss such as ­â€" workplace bullying, low salary package, bad worktimes, etc.Do have your lunch on time and more importantly follow a healthy diet. Nutrition is the key to achieving a healthy mind. Always have a small lunch to ensure your energy release is adequate. Have a cup of coffee to ensure you don’t fall asleep at your work desk.With all said and done, it’s important that you work in a creative work environment to fuel a healthy mind. Constantly being harassed by your boss and colleagues can take its toll. When you feel you’ve had enough, it’s time to write that resignation letter and look for greener pastures. Remember, you don’t have to endure a stressful work environment just to fulfill your earthly desires, there are plenty of jobs that are stress-free and allow you to maintain a healthy wo rk-life balance. 4 NATURAL TREATMENTS TO CONSIDER WHEN SUFFERING FROM DEPRESSIONAre anti-depressants your answer every time you suffer from a stressful episode?Do you think walking into a medical center is deeply agonizing due to the stress related to opening yourself out to a stranger?We understand the depressed mind and hence, recommend these natural remedies before you seek out professional help. A simple diet change and a check in your daily routine can bring about impressive results in your depressional phrase.Before you try these natural remedies, ensure the following ­ ­â€"You are in no way suffering from other serious ailmentsYou haven’t had suicidal thoughts in the pastYou don’t suffer from heart conditionsYou have someone to supervise your daily goals.If the above criteria aren’t met, schedule a medical emergency immediately and skip the following section.The natural remedies work best when you follow them to the mark and consistently keep a check on them. Failing to follow them for in a string of days lowers the intensity of mental treatment. Hence, it’s fully recommended to follow the advice daily.1. Healthy DietWhen you’re depressed, you don’t really consider what you put into your body for energy. Food is a major resource that fuels our mind and body with the necessary nutrients requires to lead a healthy and stable life. By not monitoring what your food intake is, you allow a major portion of your food to be junk such as fried fast foods, processed chips, canned foods, easy-to-tear packet foods, etc.Switching to a Serotonin-enhancing diet is often recommended for mentally disturbed individuals. Serotonin is a chemical found in your blood that regulates mood, appetite, and sleep. When your body is depleted of serotonin due to a poor diet, you immediately begin to feel low. Continued intake of junk food leads to depression and the only way to improve it is by restoring the natural serotonin levels of the body.Here are 5 foods that are high on Serotonin and recommended to include in your daily diet ­â€"Eggs:    The humble egg is a major source of serotonin and a lot of invaluable vitamins that are essential for ideal mental health. Egg whites are great to have on a healthy diet if you feel the need to reduce the harmful cholesterol from the egg yolk. There are plenty of ways to add eggs to your diet, a simple egg omelet in the morning or adding 2-3 egg whites to your protein shake is a great way to consume them.Veggies:  Yes! We get it, they have a bland taste and are completely boring when eaten on their own. But vegetables are a rich ocean of serotonin and vital nutrients that are important to build a healthy mind. To add flavor, you can always create a list of recipes that include the mixture of spices and vegetables to making a boring lunch or dinner into an exciting affair.Bran:  Rice bran has a good amount of serotonin and it obviously is a great way to have your morning cereal. With the amount of bran flak es cereals available in the market, start your day with a bowl full of bran flakes and enjoy a day full of positivity and fresh perspective.Dairy foods:  Milk products such as cheese, curd, and tofu are great to boost your overall mood due to their serotonin contents. Since dairy products are some of the most used food products in the world, including these into your diet isn’t going to be very hard. A simple homemade vegetable pizza to spice up the mood topped up with vegetables and a good spread of cheese will cheer you up instantly. Just don’t try ordering it out and maintain a healthy balance.Nuts:  Nuts are filled with tons of omega fatty acids and the all-important serotonin. Replaced them from your traditional snack foods to munch on during a break and conveniently carry them to work. As an added benefit, apart from feeling great all around, you can improve your overall appearance since nuts help in bringing allure to your hair, skin, and nails.2. Mood EnhancementSports p sychologist Jennifer Carter suggests mood enhancement activities to help modify depressed behavior. By creating a schedule to dedicate time towards outdoor activities such as a light 30-minute walk or a simple game of badminton, Jennifer states many of her patients have been cured of their depression.However, if you don’t feel like immediately committing to exercise, it’s necessary to boost your mood by consuming fish oil tablets for adequate brain function. The many benefits of fish oil tablets for your mental state are â€"Fish oil tablets help in lowering blood pressure which is usually high in depressed individualsResearch has shown that omega-3 fatty acids are directly related to treating various depressive episodesFish oil helps in maintaining a healthy BMI and for curing heart diseases. Depressed people who are obese can cure both conditions with one fish oil tablet a day.Studies have shown that fish oil supplements have decreased the risk of anxiety attacks in depressed i ndividual.In fact, by spending30-minutes out in the sun daily, your body creates between 20000-50,000 IU of Vitamin D within 24 hours of exposure. You’ll get most of your daily required Vitamin D by just heading out. Vitamin D deficiency is one of the leading causes of depression. Most depressed people usually shut themselves in dark rooms and refuse to step outside of their safe zone. This causes a decrease in Vitamin D and the poor air quality in a stuffed room doesn’t help either.It’s important to spend at least 30 minutes to an hour out in the open. Visit a nearby park, fresh air helps in filling your mind with essential nutrients required to boost your overall mood.If you’re worried about tanning or skin damage, apply sunscreen with at least an SPF (Sun Protection Factor) of 40-50. By protecting your skin from sun damage, you can encourage yourself in a host of activities that are fun such as swimming, trekking, biking, and other outdoor sports.According to Florence Wil liam’s book “The Nature Fix”, an individual that spends his or her time outdoors every day has a significant reduction in depressive mood swings from afflicting their mental state. This is because a person tends to allow their brain to wander and explore as they travel leaving no room for negative thoughts to enter the mind.Tip of the Day: When you’re feeling down and low, pack your travel bags and head out for a surprise weekend adventure.3. Adequate RestDoes the term clinical depression ring a bell? Clinical depression majorly occurs when there is a significant lack of sleep in an individual. While most clinical depressed individuals usually self-diagnose the condition as insomnia, the link is stronger than you think.The National Sleep Foundation concluded that insomnia is a direct symptom from underlying depression and unless you get your mental state in order, you’ll continue to face sleepless nights creating a vicious cycle of depression and sleeplessness.Let’s firs t understand why sleep is so important to the human body ­â€"When we sleep we rejuvenate all the mental trauma absorbed through the daySleeping heals our injuries and decreases fatigueGood sleep allows us to digest food and absorb nutrients into the blood streamResearch shows that those who sleep less tend to weigh heavier hence increasing the risk of obesitySleep increases our overall concentration levels and helps in memory managementBad sleep affects our insulin and blood sugar levels negativityOver 90% of depressed individuals that were surveyed reported poor sleep as a symptomIts quite clear with the above facts that there aren’t any positives to not hitting the sack on time. As a rule of thumb, it’s important to give yourself 7 to 8 hours of sleep every day. This requirement decreases to around 5 â€" 6 hours of sleep as we enter our late 50’s. For a complete sleep chart do refer below for different age groups.Recommended Sleep Chart for Various Age GroupsNewborn babies (0 â€" 4 months)Between 16 to 18 hoursInfants (11 months to 2 years)Between 12 to 15 hoursToddlers (2 to 4 years)Between 10 to 14 hoursPreschool (4 to 6 years)Between 10 to 12 hoursSchool going children (6 to 12 years)Between 9 to 11 hoursTeenagers (13 to 19 years)Between 8 to 9 hoursAdults (20 to 50 years)Between 7 to 8 hoursSenior Citizens (50+ years)   Between 5 to 7 hoursThe following chart is a rough understanding of the necessary sleep required by different age groups to maintain a healthy state of mind. Sleeping longer than the following duration can result in the opposite effect of rest and can cause mental strain and depression. 4. MeditationWhen we think of meditation, the first thing that comes to our mind is ­â€" relaxation. With stress being a major contributor of depression, meditation acts as a defense mechanism to release the built-in stress to ensure you focus on your inner self and all the physical sensations of your body.According to researchers, the brain region that is closely associated with depression is the amygdala and meditation has shown to protect this region by alleviating stress and nullifying the overall negative sensations of the body.The popular quote â€" “A Sound Mind lives in a sound body” demonstrates just how important meditation is in our lives to keep clear of depressive thoughts. By simply devoting yourself to 30-minutes of meditation every day, you’ll notice a profound improvement in your overall mental state. You’ll be in a better position to tackle a problematic situation and be able to disperse stress just as soon as it builds up through meditation.Think of the mind as a boiling kettle of water, if you were to close all openings of the kettle, it will then begin to rattle around until it explodes. That’s why it’s necessary to allow an opening for the steam to be released like we utilize meditation to release the stress from our grieving mind.Let’s demonstrate the health benefits of meditation that has been documented through various studies â€"Lowers overall blood pressureImproves blood flowAttain a deeper relaxation techniqueStress dispersionAdequate perspiration to release harmful toxinsRegulates bowel movementMood-boosting propertiesChannel respiration to maintain an ideal heart rateAnger management techniqueBetter overall sleepAn improved nervous systemThese are just a small list of benefits attained through practicing meditation regularly. You’ll also feel lighter and gain an improved sense of confidence as time goes by.Consistent meditation provides more than protection for your mental state from a depressive episode, it helps you attain an enlightened sense to ensure you keep yourself healthy through life and helps you identify the positive side of wellbeing.Here’s a simple beginner technique to get you started with meditation. Get yourself a yoga mat or a soft cushion to ensure you’ll be able to lie down and sit up at your convenience.Sit comfortably on the mat with your legs crossed inside.Close your eyes and ensure you enter a state of meditation by thinking of a happy moment in your life.Replay this moment and smile gently. Ensure your eyes are closed.Now take a deep breath and hold it to the count of 3.Release your breath slowly and continue to deeply breathe for 5 minutes.Try to focus your attention on your long-drawn breaths to ensure you improve your inner focus.Observe all your body parts â€" legs, shoulders, rib cage, belly, buttocks, thighs, ankles, etc.Feel the energy healing you from inside and maintain this posture for 10 minutes without opening your eyes and breathe normal.Now lie on your back with your arms distanced slightly away from your thighs.Remain in this relaxed position for 10 minutes and think of happy thoughts.Sit up after a duration of 10 minutes and gently open your eyes.You’ll find yourself in a rejuvenated state of mind ready to tackle the problems of your day.FINAL THOUGHTS ON EXPERIENCING DEPRESSIONDepression is the leading cause of fatal conditions such as heart attacks, strokes, and suicidal tendencies. Seeking help is the best way forward to dealing with a mental breakdown.Don’t be afraid to contact a psychologist or someone close to you when dealing with it. The faster depression is treated, the quicker your mind can recover.

Math in the Real World - Free Essay Example

introduction I chose accountant for the career to do my project on. The reason I chose accountant was because that is one of my options to become when I get older. There are a couple of things that I want to know about accountants. I want to know what kind of formulas they use or do they just use the basics like addition, subtract, multiplication, and division. I also want to know what the average salary for them a year. Those were just a few of the questions that I have for this project; hopefully I will have answers for all of my questions by the completion of this project. These questions do have a lot to do with whether or not I go into this field that is mainly why I chose this career to see whether it would actually be something I want to do or not. Career Investigation Accountants use mathematics everyday in their line of work. First Accountants use problem solving in cases where the balance sheets or income statements do not equal. They must figure out where the problem li es and how to fix it. They have to go through every number to make sure that they are correct, and if not they must find the solution to make the balance sheet equal. They use addition and subtraction to make sure assets equal liabilities and equity. Accountants also use formulas to find out the solutions to different equations. Mathematics is used by Accountants everyday to find the solutions to different problems. In order to be an accountant a person must go to college for four years and get a bachelors degree. Higher education is always recommended for you if you want to be an accountant, so attending college to receive a Masters Degree is really recommended to become more successful in this field. Once someone has received a Masters Degree they must look towards gaining their Doctorate Degree in Accounting. This Degree will open many doors and allow them to obtain and be successful in any line of work through which accounting is needed. Becoming a Certified Public Account ant (CPA) is also a goal that must be accomplished from an individual looking to have a successful career in Accounting. In order to have the best jobs in the Accounting field you must look to gain the highest education level possible, and must be committed and dedicated regardless of how ifficult it is. The potential earnings for an accountant range from $42,520 and $71,960. The earnings really range depending on your education. The higher your education is the more money you make the lower your education the least you make. The amount of money you make also depends on what kind of accountant you are. I personally think that it would be best for a person to obtain a doctorate degree so that you could make more money. It may take longer to get this degree but hard work will always pay off. Conclusion During this research I have learned a few things. I learned that you can obtain a doctorate degree in accountant. I also learned that you will range from $42,520 and $71,960. Another thing I learned was that accountants mainly use basic math. I would consider being an accountant because I really enjoy math. After completing this project it really makes me want to become one even more so I am actually we had to do this project. The reason I say that is because this project has put accounting at the top of my list of things I want to become when I get olde

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The Media s Influence On People Opinions - 1556 Words

After September eleventh, news coverage was main cause a rise in Islamophobia feelings. With terrorist attacks from Middle-Eastern based groups, like ISIS and al-Qaeda, a sense of fear has grown among the American people. A major cause in this rise is the media’s influence on people opinions. The media can get people to feel almost anything they want through pictures, videos, etc. News sources focus on Middle Eastern conflicts, putting Muslim’s in an unfavorable light, and news outlets show pictures of terrorist groups, such as ISIS, to represent the Muslim population. Acts of discrimination, racial profiling, and racism against Muslims, also classified as Islamophobia, has seen a major increase because of news coverage. Since the beginning of journalism, news sources have been able to get what they wanted through a method dubbed the ‘CNN Curve’. â€Å"The advent of instantaneous and global technology has given the news media far greater influence in inte rnational relations than ever before, robbing diplomacy of its rightful place at the helm in the process. Observers of international affairs call it the CNN curve, and the term is not a compliment† (Newman, 109). The news sources curve legislators into completing these issues instead of other things that could be far worse and needs the attention of lawmakers For example, if specific news sources push a story on a terrorist attack, showing images, videos, interviews with victims, etc., politicians and foreign diplomats willShow MoreRelatedThe Media And The Criminal Justice System1550 Words   |  7 Pages As far as time itself people have always committed crimes. We can find the first crime in the bible itself when Cain killed his brother Able. 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Ethics And The International Professional Practices Framework

Introduction This report is going to explain the role of an auditor and their importance in the work force and what attracts me to the job and why I am interested in PwC and what I hope to gain from the scheme. What is Audit/Auditor? The Business Dictionary defines audit as â€Å"A systematic examination and verification of a firm’s books of account, transaction records, other relevant documents, and physical inspection of inventory by qualified accountants†. Auditors can be split into two different divisions, internal auditors and external auditors. They are to follow the Code of Ethics and the International Standards. The nature of the role is contained within the International Professional Practices Framework (IPPF). The Charted institute of internal auditors states that the role of an internal auditor is to provide independent assurance that an organization’s risk management; governance and internal control processes are operating effectively. 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Energy Management Case Study Siemens Free Essays

In June 2009, Siemens took its effort in solar and wind to the next level by leading the Deserted initiative. This transcontinental project aims to generate solar power in North Africa, where it is most abundant, and then transport it to Europe. The project fits particularly well with Siemens because it requires not only experience in the primary wind and solar technology but also in the complementary technologies such as power grids and switchboard. We will write a custom essay sample on Energy Management Case Study: Siemens or any similar topic only for you Order Now Which have traditionally been strong business field for the company. Nuclear energy: 1. Nuclear reactors are the strongest power plants possible and the most economically feasible 2. Recently Siemens has taking up its nuclear activities anew and is expending to become involved in international agreements. With Siemens becoming a potential new partner in the Russian market that holds dozen of new sectors and china that have plans to have 100 new reactors in operation or under construction by 2020 Hydrophone: 1. Harnessing the power of ocean waves has attracted significant attention since ocean cover 71% of the earth surface. 2. US department of energy established the hydrophone program, designed to conduct RD that will improve the technical, societal and environmental benefits of hydrophone and provide cost competitive technologies. Geothermal power: 1. This technology has a major advantage that it can be installed wherever energy is actually needed. Geothermal plants require minimal fresh water and external fuel pupils, and due to their layout are highly scalable. Smart grids: 2. Smart grid technology seems to be a natural opportunity for Siemens, based on the company’s long history with electronic technology and products. Wolfgang Then believes that the market for smart grids will increase due to climate change and economic stimulus programs. 4) Threats: 1) Carbon-based fuel amount to 39% of Siemens profits, facing the reality that fossil fuel are finite, supplies will eventually run out, it Just a matter of when. The threat is that Siemens contingency plan in renewable energy consist of 11% of its profit. ) Alternative energy: Most alternative energy creation methods have one major drawback: they can generate energy only in places were natures provide the required energy input. Wind energy The size of the wind turbine is not scalable due to technological constraints. To increase capacity, multiple wind turbines there for must be spread out over large distance from one another. Densely populated urban areas do not have adequate space to house wind parks, and rural areas have expressed annoyance with the patterns and agriculture productivities. Wind turbines possess limited efficiency. Wind turbines require large and highly specialized assembly facilities. The first ever float turbines main concerns are the durability and maintenance of the equipment against aggressive environmental condition at sea. Siemens is considering to utilize its size, contingency, competency, and cutting edge technology to further increase its market share and global footprint in wind energy. The question is whether wind energy will turn out to be the leading alternative technology, and if it does, whether wind technologies alone can generate enough profit to keep Siemens aloft. Sola r energy Like wind energy solar power most be extracted were it occurs naturally. Solar panels have a low efficiency. Reaching only about 25% under optimal laboratory conditions. Solar panels due too China has become the leader manufacturer of low-cost Combination of cheap labor and available industrial infrastructure; it drove prices Down by almost The method of disposing of nuclear waste in old caves and salt mind is not 100% safe, in addition there has been reports of increased leukemia rates in areas close to nuclear reactors, changes in the micrometer due to the vast amount of steam released into the atmosphere. Hydrophone: For the technology to work, the seashore needs to be flat with only a slight slope, and requires long stretches of littoral waters. Also tide turbines are restricted to uninhabited beaches, since moving parts under the water surface, can create hazards for swimmers, water sports, and coastal ships. Some drawbacks to wave power include the efficiency of current application necessary resistance against hostile environment (storms and salt water corrosion), cost of electricity, possible impact on marine life, and hazards to shipping. ) Candidates such as geothermal energy and hydra power, not to mention next generation nuclear reactor have evolved quite rapidly in recent years and seem poised to pose a serious threat to wind and solar applications, Siemens most relied upon alternative energy source. 4) Siemens is considering multiple options as its gateway from the problem and has to place some significant bets. If Siemens bets badly, the company risks being relegated to the sidelines as newer, more innovator firms squeeze slower-moving incumbents out of the market. Ill) PEST Analysts: 1) Political/Regulatory/Legal: l. Politician from the US and Germany 2 of the biggest industrialized countries in the world are supporting the development of alternative energy. II. A group of 20 Coos recommendations to 68 leaders in their 2008 climate policy: A paradigm shift to low technological innovation, this will open the door for new energy companies to enter the market Ill. Combined with a growing global awareness of the impact of green-house gases on climate change as well as increased concerns regarding energy security. Energy issues are now receiving renewed interest from government and corporation alike. IV. President Obama visited the wind-turbine blade factory in Fort Medicine, Iowa to show his support receiving importing political recognition. V. Producing industrial- call wind turbines requires large and highly specialized assembly facilities. The entry-level barriers are high. VI. The effort of Siemens research in nuclear energy were put on hold in the sass when the German government passed a law that would gradually withdraw the country from nuclear-power generation. However Germany is reconsidering this decision. The German parliamentary election 2009 spawned new hopes that the German nuclear industry might be revalidated. VI’. Russia, China and the US are in the market producing and licensing multiple new nuclear reactor (12, 100, 35 respectively) . VIII. Siemens was recently plagued by a bribery scandal and because the US and the EX. Have lows that make such business practice illegal, Siemens was sentenced to 1. 6 billion in finds by the German and the US authorities. However bribery is commonplace in countries such as Nigeria, Russia and China. ) Economic: l. The prices of oil have been trending upward in recent decades. Crude oil prices spiked at an old-time high of $145. 15 per barrel on July 3 2008(up from $50 only 18 month earlier). II. Solar panels have reached a production cost of less than $1 per k output. Ill. US are Jumping the band wagon partly because they believe that millions of new green Jobs may help to reduce high unemp loyment. ‘V. Chinese companies are entering strongly to the wind energy and solar market due to a combination of cheap labor and available industrial infrastructure. China drove prices of solar panels down by almost 50% from 2008 to 2009. V. The Obama administration set a side funding to build smart-grid technologies as part of its recent economic stimulus plan. 3) Social/Cultural: l. Social awareness of the impact of green-house gases on climate change as well as increased concerns regarding energy security. II. Burning of fossil fuel releases carbon dioxide(CO into the atmosphere, which has linked to global warming. In addition many cities have become contaminated by smoke and people are suffering health problems caused by increased pollution. Ill. US government believes that investing in alternative energy will create millions of new green Jobs. IV. Rural areas have expressed annoyance of the sound made by wind turbines as well as their interference with wildlife migratory patterns and agricultural productivity. V. Nuclear power has serious limitations issues include nuclear accidents like Coherently and Fuchsia and how to store nuclear products which can be harmful to any living organism. L. New alternatives-energy technologies are Wing to replace carbon-based fossil fuels. II. Better materials have enabled specialized companies to build ever-larger wind turbines and new improved solar panels though increasing efficiency and reducing cost. (example: the 3. 6 mm wind turbine, first-ever floating wind turbine, cost efficient Chinese solar panel, turnkey high-tech solar plants). Ill. R in various companies has spurred immense efforts to find optimal ways not Just to capture but also to store and distribute energy generated from natural resources. IV. US department of energy recently announced 40 million dollar in founding to support design and planning work for the Next Generation Nuclear Plant (NSP). V. Harnessing the power of the ocean waves has attracted significant attention since oceans cover 71% of the earth surface. Furthermore the US department of energy established the hydrophone program designed to conduct R that will improve the technical, societal and environmental benefits of hydrophone and provide cost competitive technologies. VI. The new smart grid technology include self-monitoring ND possibly self-repairing capabilities, smart sensors and meters, and a communication network similar to the internet. V) Competitive Analysis: 1) New Market Entrants: l. A paradigm shift to low carbon economy by 2050 has a potential to drive forward the next chapter of technological innovation, this will open the door for new energy companies to enter the market. II. Since the market of wind energy has high future potential new players are entering the competition most notably from china and In recent years China has become the leading manufacturer and global Japan. Ill. Exporter of l ow-cost solar panels. V. Concerning the nuclear energy I-J, Japan, Taiwan, south scoria and India are difficult market to inter because they possess their own technology and production capabilities and for security reasons. V. Start-ups are investing significant resources in R to engage in smart-grid technologies (2 of these start-ups, Grid Point and Silver Spring Network, have managed to raise $220 million and $170 million, respectively). 2) Supplier Power: l. Sound and wind will not cease to exist within a time frame significant to humanity. II. One of the attractions of wind power and solar turnkey COPS plans is that, once installed, the turbines need constant maintenance which means lucrative long-term service contrast for the original maker and installer of the equipment. Ill. Smart distribution will greatly reduce the current problems with power demands, and can serve to integrate both tradition and alternative energy into a common power supply and distribution network. 3) Buyer Power: K made this market perfectly competitive. II. Knowing that energy from carbon based fuel is still at disposal and at constant price competition in this market will remain high which will give consumer a buying power. 4) Product Technology Development: . Introduction off new 3. 6-Mm wind turbine featuring a 120-meter diameter rotor equipped with 58. 5-meter long rotor blades. First ever wind turbine off the coast of Norway II. The turnkey high-tech solar plans include SSP (concentrated solar power) and CISCO (integrated solar combined cycle system) plants. Ill. The next generation nuclear power plant (NSP). IV. Technologies in hydrophone (e. . , the Appeals Wave Energy Converter) to harness the power of ocean waves. V. The smart grids technologies that will help to avoid power outages, make the grid more reliable, reduce maintenance and save energy. VI. Craig Veneer a key figure in decoding of the human genome, actually view algae as the most promising path in renewable energy source. These microscopic plant cells are present in an infinite supply and can generate energy quickly effectively and in an environmental friendly manner. 5) Competitive Rivalry: l. Siemens leading competitors are ABA, GE and Lastly. Never less it is always intriguing to meet in the same room and talk about collaborative ways to improve worldwide energy efficiency. II. GE launched a multimillion dollar accommodation initiative to leverage its wide-ranging technological capabilities to address problem in he green-energy arena. Ill. Enron (Germany) and Vestals (Denmark) is the major competitor of wind energy in the U and GE in US. While China and Japan are also trying to enter the market in Asia. IV. Rivalry within the solar energy market is strong and almost perfectly competitive. V) Gap Analysis: 1) Customer Gap: One example of a customer gap that may be facing Siemens is when they introduce their floating wind turbine. This gap will expand if the durability and maintenance costs exceed its value. Trying to close this gap Siemens is now testing this technology to evaluate whether it is feasible or not. 2) Provider Gap 1 (Listening Gap): Cutting down the number of sector from 1 dozen to Just 3 helped Siemens close down its listening gap by concentrating on fewer divisions, moreover the energy market is a very complicated buyer and seller will exchange all the details before the buying process is done. It’s so difficult to find a listening gap in this market. 3) Provider Gap 2 (Design Standards Gap): understand customer requirements and the presence of upper management in all transactions ( buying and selling ) to improve focus on customer requirements 4) Provider gap 3 (performance ) Turnkey COPS plants and wind turbines need a long term service provider for Constant maintenance. Siemens will try to narrow this gap by providing a on-duty engineers to maintain a standard in all its plants. In addition working on the new developed Smart-grid will help ensure a positive outcome and narrow this Gap. 5) Provider Gap 4 (Communication Gap): Siemens claimed to be the only company worldwide that support customers with efficient products, solutions, and know-how along the entire chain of energy conversion from the production of oil and gas to power generation and the transmission and distribution of electrical energy. To narrow its communication AP Siemens must maintain these standards and deliver a price competitive product and services. VI) Alternative Courses of Action: The question raised by Siemens is what to do and where to invest? Do they try to improve their current alternative energy projects? Or try to expand to different sources? Will it be efficient to invest in new alternatives source or acquire smaller companies with innovative technologies and promising market segment? 1) Alternative one: Increase investment in research of the algae plant that shows a promising path. Disadvantages: it might turn out to be Just rubbish and all investments made could e lost. Advantages: Siemens could be a first mover in this field of renewable efficient and environmental friendly energy source, which could change the world as we know it. 2) Alternative two: Increase further its footprint in the wind market by introducing multiple giant and floating turbines. Disadvantages: it might turn out to be inefficient compared to its coast and maintenance and another first mover in some other field might be more efficient and resourceful. Advantages: by increasing its footprint in the wind market Siemens will remain the only leader and increase its market share. Alternative three: Giving wind energy its rightful share but increasing investment in solar panels by acquiring new research companies that are currently working on making new improvement in the solar business one kind has a (microscopic forest) that collects liquid water to produce steam. Advantages: Siemens will insure that the investment will pay off on the long run knowing that the sun is there for ano ther 5 billion years. Disadvantages: the initial gains on this technology might not be realized under the Siemens name. W) Recommended Course of Action: Our recommendation lies on the 3rd alternative. VIII) Reason for Choice: By giving wind energy its rightful share and nuclear power a miner share, focusing on solar source innovation is a very desirable choice knowing that first sun is infinite secondly solar panels are very cost efficient which will give a higher ROE than any other source of energy and finally it is environmental friendly and social acceptable. Recommendations: a. What should be done? Siemens should retain all its work flow and progress but focus more on energy coming from the sun as this energy will be the a panacea for the world’s economy as well as environmental concerns. How to cite Energy Management Case Study: Siemens, Free Case study samples