Wednesday, February 26, 2020

Design Test Rig Coursework Example | Topics and Well Written Essays - 2500 words

Design Test Rig - Coursework Example In some cases, test rigs are designed depending on the equipment to be tested. One example of a commercial test rig is the Crash Test Rig designed and fabricated by JK Controls Limited. The apparatus comprises of a trolley that hauls the sample being tested. The trolley, which moves along a track by rotating rubber cords, is stopped abruptly by applying a decelerating force using a solid beam (JK Controls Limited, n.d). The test rig facilitates the determination of the required braking force of equipment, which is dependent on the weight of the equipment, braking materials and the speed. Another example of a commercial test rig is the Aircraft Wing Brake Test Rig designed and fabricated by JK Controls Limited. The rig tests the braking system of an aircraft by subjecting a rotating shaft (of a prototype) to a brake that is electrically operated. The shaft, which rotates at 1500 rpm, has to be halted by the brake within 40ms (JK Controls Limited n.d). The test rig being designed will operate on the same basic principle, the application of a braking force to a rotating disk to prevent it from rotating. At equilibrium state, the braking beam will be in contact with the surface of the disk (stationary). The contact action will be achieved through a locking mechanism. Once the operator applies a force on the braking beam, at the contact patch, the braking beam retracts from the disk, which allows the disk to rotate. The test rig will be used for determining braking force required to stop a rotating disk within a given time. Therefore, the applied force will be used to disengage the braking system to allow the disk to rotate. Once the operator withdraws this force, the braking system will be engaged. The basic operation principle of the test rig is similar to the Crash Test Rig and the Aircraft Wing Brake Test Rig presented above. However, the rig will contain several other components that will work together to achieve the ultimate goal, braking action. Concept

Monday, February 10, 2020

Security Administration and Management Essay Example | Topics and Well Written Essays - 3500 words

Security Administration and Management - Essay Example From our analysis, by focusing on differentiation strategies in the security industry, Securitas AB success can be attributed to its vast experience in the market, product differentiation, and assorted brands. Securitas AB by using its trademark experience and know how both product differentiation and cost leadership strategy means the company has a focus strategy, focusing on cash on transit and other security system. It business concept of ", packaging, counting and storage of physical values such as cash and precious metals". This has become part of the company's culture. According to Johnson & Scholes (2007), organisational culture is a tool in management strategic armory which appears to be invisible yet it influences "why" "how" "what" and "when" things are done in an organisation or "it is the way things are being done here" (Johnson & Scholes 2007:66 Today's business environment is increasingly becoming more turbulent, chaotic and challenging than ever before and to survive, it is vital that a firm can do something better than its competitors ( Wonglimpiyarat 2004:1). ... 1.0 Introduction Today's business environment is increasingly becoming more turbulent, chaotic and challenging than ever before and to survive, it is vital that a firm can do something better than its competitors ( Wonglimpiyarat 2004:1). Globalisation has not only altered the nature and the intensity of competition but has had to dictate and shape organisations in terms of what consumers wants, how and when they want it and what they are prepared to pay for it (Hagan 1996:1). Kanter (1995:71) on his work of "Mastering Change" argues that success in the present day business is not for those companies that re-engineer the way they do things, or for those fixing the past. According to Kanter (1995) such an action will not constitute an adequate response. This is so because success is based on an organization's ability to create, rather than predict the future by developing those products that will literally transform the way the world thinks and view it self and the needs (Kanter 1995:71). Within the context of today's global competition, businesses and firms no-longer compete as individual companies but try to corporate with other businesses in their activities (Wu & Chien 2007:2). These researchers went further to argue that, this strategy has become quite common in many businesses including the retail clothing chain stores. The conventional vertical integrated company based business model is gradually being replaced by collaborative relationship between many fragmented, but complementary and specialized value stars and constellation (Wu & Chien:1). This paper aim at examining the external environment of the United Kingdom Mobile phone industry, this

Thursday, January 30, 2020

Traditional learning styles adaptation Essay Example for Free

Traditional learning styles adaptation Essay In the last decade, many universities have started to adapt traditional learning styles to new technologies. They have done so because flexible learning allows the student to study at their own time and pace, which fits in with their lifestyle with the aid of technology. Technology has allowed the delivery of lectures to become more varied and imaginative and therefore more accessible to a wider student base. They have also done so because flexible learning allows students to access university courses without having to step foot within a lecture hall therefore it has become more widely available to students as it fits in with their lives and can be worked around their schedules, whether they are in the outback, different country, working etc. Technology has allowed the lectures to be accessible anywhere anytime as long as you have access to internet. Task 2 1.Reference Lodge, J 2010. ‘Communicating with first year students, so many channels but is anyone listening?’ A practice report’. The international Journal of the First Year in Higher Education, vol. 1, no. 1, pp. 100-105. 2.Purpose and argument Communication with students is constantly changing with new technology, whilst many enjoy communicating through social networking and other online media sites, many also prefer a more traditional method of communication. Technology will continue to develop and getting important information over to students without it becoming lost within social networking sites will continue to become difficult. Therefore there needs to be options for getting messages across to students from all age groups. 3.Academic credibility Jason lodge is a psychological scientist and a well-known lecturer at Griffith University. He is also a researcher at the University of Queensland as well as other well-known Universities in Australia. His paper ‘Communicating with first year students: so many channels but is anyone listening: a practice report’ was published in 2010 making it fairly recent and not out dated. Most of his referencing is also fairly recent within the last ten years making it more academically credible. The other 12 end text references that Lodge uses are also based on factual information and published in journals and well known publishers such as Emerald Group Publishing Limited. 4.Headings and their main ideas Abstract In today’s modern world, universities have to keep up with the quick changing world of technology in order to communicate students. As technology changes frequently, it is difficult to find out what the students prefer for these communications. Social networking and other new online deliveries were generally met with a positive feedback from students. Background New technologies Higher education has radically changed with the modernisation of new information. Adopting new technology too eagerly has led to a situation where communication between and organisations and students are being lost. It is difficult to find which hi-tech channel is efficient and successful in getting messages across to students without getting lost and what is best for studying. The issues surrounding communication with first year students Various groups of students are entering higher education which presents complications in making sure communication needs of all students are met. The younger generations seems to be thriving on modern technology whilst the older generation prefers the more established lines of communications. However what is better for some students may not necessarily be good for others therefore finding something that works for everyone is fairly difficult. The current research Introduction Understanding students’ needs and preferences for communication channels within university life needs to be closely monitored and met. This needs to take into consideration, the wide age range within the first year of University life. Which communication method also needs to be observed as the more popular means of communication? Methods Social networking sites seem to be the most popular form of communications. With this in mind a group of students in their first year of studying were asked to complete a survey about which communication methods they preferred to receive messages from regarding administrative and educational issues. Results and discussions The result of this research showed that social networking sites were amongst the highest preferred methods of communications amongst university students for unofficial teamwork between students. However concerns were raised about the privacy of social networking sites when it came to communications with the university. On the other hand, when it came to communication about administrative or academic issues, students preferred to have contact either via email, in person or by phone. Recommendations The recommendations were that official messages from the Universities were best left to more recognized methods of communications but that the universities could use the social media outlets for more informal communications as long as they kept the messages short and to the point. The recommendation also suggested that it didn’t really matter what the generation gap was amongst the first year students as they were all catching up with the know-how of modern technology. Outcomes of discussion and reflections The problems of communicating necessary information to students seem to be across the board throughout other learning institutions. Students are continually inundated with information from the establishments therefore institutions need to make it simply for students to use and access, they need to present it in such a way that it is interesting, eye catching and encourages the student to participate with the organization as well as making it cost effective for the establishment. It was also established that social networking sites are probably best left for the students to communicate informally amongst one another rather than universities trying to communicate with students through these mean as their messages were largely overlooked and went unnoticed. As technology continues to grow and more forward, this will always present a communication problem for universities with first year students as they themselves are often also trying to not only cope with life as a first year student but also with the many new technical forms of communication that are constantly flooding the market. 5.Relevance or usefulness This reading will be very useful in doing my assignment because Lodge covers all aspects of flexible learning. He has looked at the problems that modern technology brings and how the different generations within the first year of learning will cope with it. How the delivery of the materials will be received from first year students and the problems that first year students face in accessing the materials as technology continues to grow and improve. Lodge has also tried to establish in what way is the best method for establishments to get their communications across to students.

Wednesday, January 22, 2020

Groupthink Essay -- essays research papers

Groupthink   Ã‚  Ã‚  Ã‚  Ã‚  What is groupthink? There is a simple definition for it, but is it truly that simple? The term groupthink refers to the inclination of group members to have the same opinions and beliefs; it frequently leads to mistakes. It often occurs without an individual being aware of it. Conflict is considered to be a harmful element when related to groups, but conflict is good when considering groupthink because it helps to eliminate the existence of a groupthink. The explanation sounds simple enough, but it is more complex than the description given.   Ã‚  Ã‚  Ã‚  Ã‚  There are eight symptoms of groupthink. The first symptom is when all or most of the group view themselves as invincible which causes them to make decisions that may be risky. The group has an enormous amount of confidence and authority in their decisions as well as in themselves. They see themselves collectively better in all ways than any other group and they believe the event will go well not because of what it is, but because they are involved. The second symptom is the belief of the group that they are moral and upstanding, which leads the group to ignore the ethical or moral consequences of the decisions. The group engages in a total overestimation of its morality. There is never any question that the group is not doing the right thing, they just act. The disregarding of information or warnings that may lead to changes in past policy is the third symptom. Even if there is considerable evidence against their standpoint, they see no problems with their plan. S tereotyping of enemy leaders or others as weak or stupid is the fourth symptom. This symptom leads to close-mindedness to other individuals and their opinions. The fifth symptom is the self-censorship of an individual causing him to overlook his doubts. A group member basically keeps his mouth shut so the group can continue in harmony. Symptom number six refers to the illusion of unanimity; going along with the majority, and the assumption that silence signifies consent. Sometimes a group member who questions the rightness of the goals is pressured by others into concurring or agreeing, this is symptom number seven. The last symptom is the members that set themselves up as a buffer to protect the group from adverse information that may destroy their shared contentment regarding the group’s ... ... that areas of expertise can be exploited, different people are good at different things. Groups can discuss material, and that discussion can improve the quality of the decision. Groups are less likely to suffer from judgmental biases that individuals have when they make decisions. People are more likely to follow through on decisions made by groups that they are connected to. Also, more monumental decisions can be made in groups, because one member will not be singled out for blame, making the entire group responsible. Groups however, do not always make good decisions. Juries sometimes render verdicts that run against the evidence presented. Groups tend to: fail to adequately determine their objectives and alternatives, fail to assess the risks associated with the group’s decision, fail to cycle through discarded alternatives and to reexamine their worth after a majority of the group discards the alternative, fail to seek expert advice, select and use only information that supports their position and conclusions, and does not make contingency plans in case their decision and resulting actions fail. Many times people’s lives are affected and little thought or care is put into it.

Tuesday, January 14, 2020

Enron Scandal Essay

Accounting scandals are political or business scandals which arise with the disclosure of financial misdeeds by trusted executives of corporations or governments. These days, not too often, these scandals are splashed as headlines across media. Why? Because there are complex groups of stakeholders who might be seriously affected by the scandals. Enron scam was the most remarkable scandal in 20 centuries by their institutionalized, systematic, and creatively planned accounting fraud. The scandal also brought into question the accounting practices and activities of many corporations in the United States. The scandal also affected the greater business world by causing the dissolution of the Arthur Andersen accounting company. This report will reveal the whole story of Enron scam and auditors role from the situation in more depth. It will also include the current situation of those responsible for the fraud. 2. Background of U. S in 1990s The 1990s of U. S were a time of prosperity and this prosperity period is originated from growth in IT corporates and in accordance with increase in productivity as technology develops with IT. In the mid- to late-90s, society’s expectations of what the Internet could offer were unrealistic. Many investors foolishly ignored the fundamental rules of investing in the stock market and instead, investors and entrepreneurs became preoccupied with new ideas that were not yet proven to have market potential. Furthermore, they ignored the blatant signs that the bubble was about to burst. (IT Bubble in 90s) There are two main reasons for the bubble; with investors` optimistic expectation, there were a lot of ‘Window dressing’ in accounting. As Enron collapsed, the growth of the tech sector proved to be illusory, and bubble started to sober. 3. Enron- who are they? Enron Corporation is an energy trading, communications company which was formed in 1985 based in Houston, Texas. Enron marketed electricity and natural gas, delivered energy and other physical commodities. Company branched into many non-energy-related fields as well, including such areas as high-speed Internet bandwidth, and financial and risk management with 21,000 employees at mid-2001. The company reported revenues of $101 billion in 2000. It has stakes in nearly 30,000 miles of gas pipeline, owns or has access to a 15,000mile fiber optic network and has a stake in electricity generating operations around the world. 4. Enron- what they did? The Enron fraud case is extremely complex. There are several main characters who are spearheading the Enron scam. One of them was Jeff Skillng. Jeff Skillng, who was a consultant in Mckinsey, took charge in consulting Enron. He found problems and also potentiality of Enron and he proposed the idea of â€Å"gas bank† to Enron, which is a system that is combining financial system and gas supply and demand system, and taking the margin from the two system(as bank does). This was an ideal idea in theory and Enron asked him to take charge for this business, and later he became the president of Enron’s trading operations. Also, he convinced federal regulators to permit Enron to use an accounting method known as â€Å"mark to market. † Using this method allowed Enron to count projected earnings from long-term energy contracts as current income. This was money that might not be collected for many years. It is thought that this technique was used to inflate revenue numbers by manipulating projections for future revenue. The problem is that it doesn`t match realised profit and real cash flow. especially, Enron`s main trading was long term future contract which is hard to make valuation for the future. Use of these techniques made it difficult to see how Enron was really making money. The numbers were on the books so the stock prices remained high, but Enron wasn’t paying high taxes. When the telecom industry suffered its first downturn, Enron suffered as well. Eventually, the house of cards began falling. When Enron’s stock began to decline, the Raptors began to decline as well. On August 14, 2001, Enron’s CEO, Jeff Skilling, resigned due to â€Å"family issues. † Enron chairman Ken Lay stepped in as CEO. 5. One example of fraud Enron`s â€Å"too much Off-Balance Sheet Transactions† Enron used â€Å"off-balance-sheet†technique for anytime, for many purposes, because it would enable Enron to present itself more attractively as measured by the ratios favored by analysts and investors. Skillng used securitisation to supply more liquidity and also to clean up the assets that is hardly generating income from it. He also hided most of the debt by securitisation. So, Enron needed Special purpose entities(SPE) for the securitization purpose. JEDI was one of the SPE. California PERS and Enron invested by $25000m each. As soon as the JEDI established, Enron started to sell energy related stock to JEDI and it grew JEDI by 23% per year on average. It made Skillng`s ECT business bigger and bigger. 6. Consequences for the stakeholders The key stakeholders affected by the collapse of Enron were its employees and retirees. Stakeholders and mutual funds investors lost $ 70billion market value. Banks were also affected by the meltdown of the company. Not only the stakeholder and bondholder lose out, the confidence in the company also fell. This was the major setback for the company. The actions of Enron management left a deep scare for its 4000 employees which lost out their jobs and also impacted others around them. Some blamed Arthur Andersen; Enron’s accounting firm and some blame the board of directors for insufficient oversights. The damage was so big that it was likely to take years for the court to sort the wreckage. The company did not think of its future and took many bad steps just to earn money. The CEO should have looked into the company matters long time ago and took action so that hundreds of jobs could have been saved. The companies who were associated with the big firm were affected on a very large scale. This was the biggest bankruptcy of a firm with $63. 4 billion in assets. 7. Auditors in this scandal, and their role The external auditing body of Enron company was Arthur Anderson LLP, formerly one of the ‘big 5’ accounting firms, providing auditing, tax, and consulting services to large corporations. Andersen definitely Knew Enron Was in Trouble but they overlooked at it and even conspired with Enron to manipulate the financial statements. They knew Enron was in trouble as early as Feb.  2001, a company memo showed, and Andersen debated dropping the collapsed energy firm all together, Reuters reported. Additionally, Andersen knew in mid-August of a senior Enron employee’s concerns about improprieties in the energy company’s accounting practices. Andersen confirmed that a memo dated Feb. 6 recounted a meeting between Andersen executives about whether Andersen should retain the now-bankrupt Enron as a client. Auditors are responsible directly under the law especially the international standards to report directly to the shareholders on the status of the company’s or a bank’s account at a particular point in time. They heavily misconducted as auditors as they received money and hided about Enron`s truth. 8. Ramifications It is not easy to implement rigorous standards without changing Incentives. This situation can be seen in South East Asian countries like: Singapore, Thailand, Hong Kong, China. Each country can implement its own accounting standards, but did not implement the substantial institutional changes required to make these standards effective. According to various studies conducted in this area, new standards did not result in better-quality financial reporting.9. Conclusion: In search of better standards and ethics The ENRON Scandal is considered to be one of the most notorious within American history; an unofficial blueprint for a case study on White Collar crime. Enron’s behaviour has confirmed that the treatment of off-balance-sheet dodge, American accounting standards are too lax. It is time for another effort to realign the system to function more in shareholders’ interests. Companies need stronger non-executive directors, paid enough to devote proper attention to the job.

Monday, January 6, 2020

Steering the World toward World War II - 1186 Words

Steering the world toward World War II there came a new kind of oppression that took hold in Europe. Representative governments were starting to collapse under the pressure of economic crisis. Desperate for relief citizens started to support political violence that would bring social and economic prosperity to Europe. As a result, authoritarian regimes started to rise up and take control over their citizens’ lives. Dictators such as Mussolini, Stalin, and Hitler appear out of large support and were praised for the discipline and ideologies they brought to their country. These authoritarians supported the people’s use of violence for political reasons, which led scholars to the term totalitarianism. Totalitarianism describes a highly centralized government that controls every aspect of society through the use of a single party and political terror. Nazism, Communism, and fascism started to appear and continued to offer new ideologies to modern politics. Totalitarian ide ologies believed that democracy was failing and wasting too much time negotiating policies and not progressing enough in economic and political terms. The extreme military mobilization, and energetic attitudes brought about by these regimes made the democracies of the west appear weak and inefficient. The appeal of these governments provided the promise of upholding individual rights while restoring economic prosperity. This new form of government began with the Russian Revolution led by Lenin in and endedShow MoreRelatedAdaptive Control Essay1121 Words   |  5 PagesMacKenzie, guidance is defined as the proceeding to guide the object route towards a required point, that is moving,[1, 4]. Moreover Charles Stark Draper, stated that ‘‘Guidance rely on main basics and includes devices that are same for vehicles steering on different environments beyond the atmosphere with the gravitational field and in space, [1, 5]. 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Sunday, December 29, 2019

Appearance-Based Discrimination in Corporate America Essay

When the issue of discrimination materializes, the common types that come to mind are class, race, and gender discrimination. However, appearance-based discrimination in the workplace is a growing issue in America. Discrimination based on appearance is different from other forms in that it can be used to discriminate against a wide range of people. From gender, race, and sex, to social class, age, and weight, every person has a physical appearance, which in turn makes every person a candidate for being judged. Whether intentional or unintentional, the physical appearances of workers from all walks of life are being subjected to corporate scrutiny. When deciding who should represent their companies, American employers tend to focus on†¦show more content†¦Being court ordered to hire recruiters in charge of searching for potential employees who are considered to be minorities is just one strategy Abercrombie will use to diversify their future staff. The company was told to stay away from â€Å"targeting specific fraternities and sororities† when recruiting, as this was one way to insure the company could continue to portray their previous â€Å"predominately white staff† (Vu 254). In this particular case, Abercrombie is making it evident that as a company there is a bias towards employees who appear to not be of white lineage. Whether looking through an Abercrombie catalog, or taking a look at the models featured on their website, it is obvious that the company may not have learned their lesson. By continuing to promote the clichà ©d company standard of substantially white, athletic, good-looking models on their advertisements, Abercrombie will inevitably continue to attract similar looking clientele and job pursuers. Hiring employees for Abercrombie who hail from a wide variety of different background and ethnic groups would not only likely bring new shoppers into their stores, but would also result in a decline in appearance-ba sed discrimination suits filed by ethnic minorities. From high school graduation on many Americans spend an extensive amount of time grooming their lives to earn a seat at a table in corporate America. It seems logical that in order to acquire a top ofShow MoreRelatedBeauty Is In The Eyes Of The Beholder: The Fight Against Appearance Based Workplace Discrimination1701 Words   |  7 Pages Discrimination happens all around us, and in many different forms. When it comes to being employed, there are laws in place to protect us against certain methods of discrimination. 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