Magnitude Case Studies Samples For Students

Risk management cycle and strategy of disaster

- Introduction
Recent studies on the climate have linked global warming to the occurrence of earthquakes. Even though it does not seem real that climate change would affect plate tectonics movement, scientists have managed to identify a probable linkage between the movement of plate tectonics and global warming. This provides in depth insight into the recent occurrence of strong earthquakes such as the 2010 earthquake in Chile, 2004 in Indonesia, and the 2010 earthquake that ripped Haiti. The past decade alone has witnessed three of the strongest earthquakes to ever hit the earth. Therefore there could a link between the movement ...

Earthquakes may have varied effects on the ways in which they affect the human settlement and activities that are conducted on a daily basis. The natural disasters that result from the geographical activities of earthquakes affect the settlement patterns and the human activities that might be of use when it comes to earning a daily life. Earthquakes have adverse effects on the housing and settlement of people. They are forced to change the way they were initially structured which makes it difficult to cope with the new ways of life. They are also driven into hard economic situations where they have ...

Bad Image Radiology Department

Step I: Summary of the case

Notably, many hospitals find themselves in the middle of court cases and trials with very little knowledge of the events that led to the scenario. This case is a good example. It presents the origin of the problem, the personnel that were involved and the events that led to the problems presented. It is about MacMillan hospital and the problems that generated from the department of medical imaging. The department had contracted its services to Good View Company and the major shareholder was Goodview (Darr, 2001, p. 322). He started neglecting his work and ...

PART A

Question 1
When determining whether an account ought to be considered significant, the auditor should consider planning materiality threshold. An account whose financial statement surpasses the planning materiality ought to be considered significant for both the financial statement audit, as well as, internal control over the financial reporting audit. In essence, the accounts that exceed the planning materiality more should be greatly considered significant.
The qualitative factors that can cause an account, which is otherwise quite small quantitatively to be considered significant according to AS5 include:

Susceptibility to misstatement as a result of fraud or errors;

The composition and size of the account;
Nature of the ...

This task is divided into three sections. The first section concerns project risk management. It involves a construction company mandated to build a 6,000 square feet office and an attached building with 20 hotel like room to house its beneficiaries. The budget allocated to the project is tight and the non-profit organization requires to utilize this office as soon as possible. The project is in the planning stage and the project has acquired funds and other requirement documents. This section will detail risk management processes that will be applied to safeguard the project from failure. The second section details the ...

This study was conducted to analyze the principal efficacy between the first year students (Cohort 8) and the second year students (Cohort 7) of the Masters Educational Leadership University Program. The principal efficacy can be measured via analyzing the responses obtained across the various items of the questionnaire exploring areas of time management, enthusiasm, organizational management, policies and several more. For this reason, the foremost research question is as follows:

Is there a significant difference in the mean efficacy scores for cohort 7 and cohort 8?

It was therefore hypothesized that the principal efficacy of cohort 7 is greater that cohort 8 as shown below:
Ho: u1=u2

Ha: u1>u2

Where U1= mean of cohort 7
...

In every economic undertaking, one has to consider the security perils associated with his undertaking before realizing the expected utility. Since information is a vital component that determines success of any economic activity, systems keeping, managing and disseminating such information have to be safeguarded in order to protect the information. During this process, several factors are considered:

The severity of the risk; the magnitude of the risks involved in managing and conserving the information determines the trade-off between taking cautious measures and ignoring. The cost incurred after cybercrime hacking, or phishing has taken place in a banking system is high compared ...

Introduction

Incident response policy is very important in any organization as they help in advance preparation to respond appropriately when security breaches that are inevitable occurs, or to reduce the down-time when the system fails. If the organization fails to have an incident response policy, there will be high chances of making huge financial losses, slow recovery process, and high risks of collapse (Gordon et al., 2011). In this case, Gem Infosys which is a small company that deals with software has experienced network failures for two days which has made it to stop all its operations. Thus it is necessary ...

Facts surrounding the case. 3

Key issue. 4
Alternative courses of action. 5
Evaluation of the courses of action. 6
Talent management. 6
Branding. 7
Information technology. 7
The best course of action. 8

References. 10

Federated Co-operative Limited Change Management.
Facts surrounding the case.
Before 2010, Federated Co-Operatives Limited had several out of date features that influenced its operations by creating weaknesses. One such area was the organizational structure. The organizational structure of Federated Co-Operatives Limited had been hierarchical until the absorption of Scott Banda as the chief executive officer. Other areas of weakness presented in this organization included such processes as Information Technology (IT), ...

Advance Information System Security: SpiraTeam ALM

Cybersecurity concerns have recently become prevalent among varied organizations, presenting credible and real threats to business organizations when they occur. Cyber security attacks that are complex, of diverse nature and of unprecedented scale are possible to result in huge economic losses to the business organization. Specifically, business organizations must guard against determined efforts by cyber security attackers to gain access to commercially sensitive data that include key negotiating positions, gaining access to unauthorized government information, exploitation of information systems security weaknesses that target its business partners, subsidiaries and supply chain both home and abroad, and stealing of intellectual property ...

Introduction

The paper focuses on the project management problems that faced Rony’s project. The project was commissioned by The Custom Ronworking Company. The president of the company, Emelia Carpenters, contracted W.Easly Associates to conduct a post-project appraisal of Rony’s project. The project involved expansion of the company’s production facilities. The expansion included expanding the manufacturing and production residence. The plans were occasioned by a mini boom experienced in the commercial construction field in NSW, Rony’s hometown.
A decision was reached to go ahead with the expansion and Spencer Moneyworth, the vice president; Finance and Administrator were ...

Question 1

Sources of the problem facing Wight
Despite Wright comprehend and being clear on his mandate as the Clearwater Seafood’s Chief Financial Officer (CFO) he had faced several challenges. As CFO, he was required to determine the best way to incorporate company’s foreign exchange risk management program into the overall growth strategy of the firm. The company has been benefiting from a weak Canadian dollar. However, strengthening of the Canadian dollar has become a source of the problem that Wight is facing. According to the article, as the Canadian dollar falls, the company’s foreign exchange risk management ...

The Background and the legal process

Brazos manufacturing company is an internationally acclaimed company that deals in spare parts of reputable automobiles. The company has a large organizational structure that deals involve several employees. It has many Vice presidents, an Executive vice president and a president. The executive vice president is in charge of the operations of the company. The vice presidents of the companies were requested to cut their costs. The Executive vice president continued with his flashy lifestyle. He attended the most expensive Italian restaurant in Los Angeles.
The company controller, Jack noticed the executive vice president fraudulently used the company’s resources. The ...

Floating point is a numerical-interpretation system in which strings of digits or bits represent real numbers. A system of arithmetic is defined to permit these representations to be manipulated with resultant being similar to the arithmetic operations done over real numbers. The representation uses an explicit designation of where the radix point should be located relative to the string. In computing, fixed-point number representation is a real data type representing a number with a fixed number of digits before and after the radix. The most common way of representing floating-point numbers in computers is the IEEE 754 standards or IEEE floating point. Several ...

Abstract

Gulf Mexico oil spill also known as the Deep-water Horizon oil spill, BP Oil Disaster or the Macondo Blowout is considered to be the largest oil spill in the history of mankind. Such oil spills cause a lot of environmental as well as economic damages. Laws are in place to urge oil drilling companies to keep provisionary measures on the face of such disasters. But many situations went wrong causing a massive oil spill, a part of which still floats around in the seas. The following article is a discussion of the Gulf Mexico BP Oil Spill incident and what could have been ...

Business advice for Ullman

Introduction
When Johnson was sucked from the company, Mike Ullman was sure of the greatest challenges that he was likely to face on his appointment in the company. He was assured of the company’s recent reports that had put the company in registering a substantial drop in the profits. What Johnson had done was that he had tried to tamper with company’s procedures all in the name of betterment of its services. In his plan, he had considered that in business it involved of taking risks regardless the level or the magnitude of the risk in the ...

Apple Computer, Inc. is a large corporation that has been in the technology industry for many years. In the event of product innovation and manufacture, Apple customers have always expected and demanded only the best quality goods. Therefore, this has added pressure on the managing entity and other workers of Apple not to compromise on the quality of their goods or customer service efforts. Herein lays the beginning of the major challenges Apple has to face in their day to day activities .
With a history dating back to 1976, when Steve Jobs and Stephen Wozniak came together to form Apple, ...

Risk management cycle and strategy of disaster

Introduction
Hurricane sandy is one of the major disasters ever to hit North America. The storm caused devastation in parts of the Northeastern United Sates, mid-Atlantic, and the Caribbean. Other parts of the region also experienced effects of the storm but the severity was mild. The storm is linked to the impact of climate change experienced in the globe. Scientists have argued that increased emission of greenhouse gasses is causing one of the major environmental risks of global warming and climate change. Some of the major disasters witnessed in the world today are a direct result of increased emission ...

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Information is an essential asset in the functioning of any business. The information captured, recorded and shared each day precisely defines the business relationships between vendors and clients, along with the basis for an organization’s internal processes and business operations. Protection of this data is as crucial as protecting your money, and needs as much attention and planning (Herold, 2010). Business personnel need to be made aware of information security since it is about safeguarding the critical data pertaining to the functioning of the organization. Information security also pertains to ensuring the integrity of the data ...

This case happened within Clark County’s incorporated industrial area, about 10 miles from Las Vegas. The actual site was the Count “Island”, bordered by the city of Henderson, Nevada where a sequence of explosions occurred on 4 May, 1988.
The origin of the explosion was The Pacific Engineering Production Company of Nevada (PEPCON) that is among the only two world manufacturers of ammonium perchlorate. This substance is a very strong oxidizer and it is combined with combustible substances and the product has high energy content that combusts rapidly. Consequently, it is “used in solid fuel rocket boosters, entailing military weapons ...