Essays on Mayers

Introduction

Risk is very common in any business. According to the definition given by Knight (1999), risk is measurable ambiguity of outcome whose impact may be either optimistic or pessimistic. Usually, risk is measured and expressed in terms of strong index. Many researchers think risk as unwanted event and this risk have statistical expectation value for ranking the seriousness too. Risk analysis can be defined as mathematical product value of strong and disutility. Procurement management offers advantages on economies of scale in purchasing and delivering the goods and services at right time and right place in order to minimize the risk involved ...

____of December, 2014

Tricyclic antidepressants vs Selective Serotonin Reuptake Inhibitors (SSRIs) in treatment of Depression

In recent decades, SSRIs have become the first-choice treatment for depression. The efficacy and acceptability, as well as cost-efficiency of selective serotonin reuptake inhibitors (SSRIs) versus the older tricyclic antidepressants (TCAs) are studied by many researchers. Most of scholars agree that the both classes of antidepressants are almost equally efficient (Marton, 2003.) According to Marton (2003), a small trend towards greater efficacy of TCAs was found when the outcome was measured in terms of depression scales, and towards SSRIs – in terms of global impression scores. But Faravelli and colleagues (2003) argue that in most studied cases, ...

Time Management in Business

Time management is a critical factor for effective business operations. Proper time management enables a business to fulfill the expectation of its clientele thus promoting profit growth and sustainable development. Effective time management involves planning and scheduling of activities in a manner that allows smooth flow of business operation. For instance, the acquisition of supplies are scheduled and effected before stock runs out to avoid shortage of commodities desired by the customers. In fact, strategic planning involves organizational activities scheduling based on specific timelines. Mayers (2011) explains that effective time management in business reduces workers, stress and anxiety, allows organizations to handle ...