Password managers Essays - Computer Access Control,

Secret word supervisors Course Institutional Affiliation Date Presentation A secret word supervisor is essentially a product that guides clients compose and store their passwords. By and large, they frequently store such passwords in encoded group requiring the client to build up an ace secret key , one commonly solid secret phrase that offers the client access to their entire secret phrase stockpiling [1] . At times, secret phrase chiefs store these passwords inside the client's nearby PC frequently alluded to as disconnected secret key administrators , while some store passwords inside the suppliers cloud named as online passwords . In any case, disconnected secret word administrators likewise give stockpiling of information inside the client's very own cloud accounts rather than the cloud. While the primary point of a secret word chief is to safely be careful tremendous assortments of passwords, most offer optional highlights like passwords and fo r m filling. How secret key administrators work Secret key administrators have one essential capacity. They store and review all client passwords so they could spare its clients from doing as such. It stores all close to home data and client passwords in an encoded position which shields private information from digital hoodlums that have physical access to the nearby gadget [4] . Secret phrase chief stores passwords in either a brought together capacity or a decentralized stockpiling. Brought together capacity incorporate the utilization of the cloud or an arranged server condition where an area server gets capable of dealing with all the passwords. The perils to this is each time a client overlooks his/her secret word it will require some investment to recover it because of authoritative administrations. A decentralized methodology then again includes the administration of passwords under various areas, for example, client neighborhood machines or at departmental levels. This makes it simple for clients to recover their password s. The peril with this methodology is that introduction to passwords spillage or bargain is high and probably won't be handily identified if the aggressor lies inside. Classes of secret key chiefs There are four fundamental classes of secret key chiefs in particular independent secret phrase supervisor, reward include inside other programming, electronic secret word administrator lastly secret phrase directors utilizing installed security equipment. The reward highlight inside programming resemble internet browsers, working frameworks, and antivirus programming which accompany secret word administrators. The independent secret word chiefs , were the most punctual class of secret word supervisors and isn't connected to any auxiliary programming. This is fundamentally reasonable in situations where all your figuring is done on one PC that isn't shared. There are likewise electronic secret key administrators is another method of overseeing passwords, it is basically a web application which can be utilized from any web associated gadget. It is appropriate for occurrences where there are a few portable or figuring gadgets with unmistakable working frameworks and you are required to recuperate all passwords from each gadget. The last classification of secret key supervisors is utilizing inserted security equipment where some optional equipment is installed inside a PC to encode and spare information. Just people with the passkeys can approach the put away information . It is appropriate for examples where a gadget is at high danger of robbery or physical hacking, regularly that is the circumstance if the gadget is put away inside a mutual office or travel with it frequently. Favorable circumstances of secret key directors The advantage of secret phrase chief access controls is that they are economically coordinated in numerous product with the utilization of use programming interfaces accessible under most programming items, they needn't bother with any specific server/PC alterations and that clients comprehend the utilization of passwords as of now. In any case, secret word supervisors spare individuals from the pressure of recalling a few passwords. Attempting to review a few passwords entices a client to utilize the absolute most unfortunate passwords which is certifiably not an alluring component. Second, the way that one is spared from recollecting passwords makes it conceivable to have solid attractive passwords, an interesting secret key for each and every current record. Secret word chiefs likewise help fill consequently the usernames and passwords each time a client needs to get to any record saving money on schedule and the weight of review [2] . It is intelligent for clients to commit in any event one error with their passwords making it so modest for digital hoodlums,

Assignment On Project Methodologies Defined-Myassignmenthelp.Com

Question: Talk About The Assignment On Project Methodologies Defined? Answer: Introducation Task strategy is characterized as the arrangement of rules and principles gave to the undertaking group to dealing with the venture. It makes the activity of the task supervisor lighter and simpler. The rules and the format help in effective conveyance of the undertaking. The adaptability can be related with the affirmed structure. The venture philosophy utilizes top down methodology for assessing the advancement as far as objective, expectations, and targets. Job of system: The systems are utilized for dealing with the assignments with the restricted measure of time and assets. The techniques help in characterizing the task scope, imperatives in time, accessibility of assets, and necessities of venture conveyance. The arrangement of resulting steps is sorted out for finishing the task. Sorts of task the executives strategies: Deft Methodology: The point of this approachs helps in engaging the groups by empowering the contribution of clients and dealing with the dangers related with the task. This procedure is generally determined for group advancement, checking of the venture, responsiveness corresponding to Business. The persistent correspondence ought to be orchestrated all through the lifecycle of the task. Cascade Methodology: The cascade procedures help in successful use of the group. The various jobs and obligations are allotted to the distinctive colleagues of the task. The finish of the doled out assignment helps in arriving at the objective of the task. The cascade philosophy doesn't permit changes in the extent of the venture. The stages engaged with the cascade philosophy are detail of the prerequisite, planning, development, joining, troubleshooting and testing, establishment, and support. Prince2: The Prince2 system depends on the realities and measures. It follows the procedure based methodology for dealing with the task. Framework advancement life cycle: The product improvement venture follows the calculated model for the administration of the task. It is the aggregation of various systems. The documentation readiness is the significant concern zone of the framework improvement life cycle. Venture the executives assemblage of information: PMBoK is the assortment of standard phrasing and rules for dealing with the task. It gives the total administration of the venture as far as basic way strategy and work breakdown structure. It is valuable for budgetary guaging, the board of the association conduct, planning, the executives science, and others (Skogmar, 2015). The accomplishment of the undertaking relies upon information, ability, innovation, and instruments. The information sources required for the procedures are archives, structure, and plans. The yields got from the information gave to the procedure are records, structure, and plans. The undertaking procedures which are for the most part favored are PMBOK and PRINCE2. The PMBOK and Prince2 is the generous system for overseeing agreement, scope, and other vigorous practices. The dynamic ability of the venture chief can be improved by instating these philosophies. The essential leader effectively partakes in arranging, critical thinking, the board of human asset, and others (Ghosh, 2012). The accompanying table show the significant level examination among prince2 and pmbok: Specific highlights PRINCE2 PMBOK Characterized as It follows the organized methodology of undertaking the board It is the arrangement of rules and gauges which go about as a guide for venture director (Chin Spowage, 2015) Basic zones Basic zones are for all intents and purposes centered Basic zones are far reaching centered Information zones and topics related Prince2 technique relies upon 7 subjects PMBOK technique relies upon 10 information regions Related exercises and procedures It is the assortment of 35 exercises and 7 topics It is the assortment of 45 procedures and 5 procedure gathering Standards It utilizes 7 standards There are no such standards applied Innovation Explicit methods are appropriate Each procedure includes explicit method Concentrate on relational abilities Not engaged and secured Engaged and secured Inclusion Business case, procedures, and item It centers around the need and prerequisite of the clients Pretended by the top managerial staff Customary gatherings are organized oversight Just proposal given by the support Components liable for hierarchical and natural resources Concentrated incompletely Concentrated totally Standards of the executives Special cases are thought about None The accompanying table shows the contrast between the techniques based on inclusion zones: Subjects of Prince2 Inclusion of PMBOK Remarks Business Case Looked into occasionally Accentuation given on looking into ceaseless business case Association Spreads the regions of partner and human asset More grounded components utilized by the PMBoK Quality Spotlights on quality administration - Plan The board of extension, time, and cost - Dangers The executives of hazard - Change Procedures utilized for observing and control - Progress Procedures utilized for observing and control - The accompanying table shows the information regions secured between the PMBoK and prince2: PMBoK Prince2 Result Combination the executives Halfway centered around coordination instrument Totally centered around coordination instrument (Matos, 2013) Degree the executives Arranging - Cost the board Arranging - Time the executives Arranging - Correspondence the board Incompletely engaged Totally engaged Human Resource the executives In view of association subject Emphatically utilized in PMBoK Undertaking dangers the board Hazard related with the venture (Rad, 2013) - Acquisition the executives Not secured Just engaged and canvassed in itemized in PMBOK Partner the executives Somewhat engaged Totally engaged Connection of PMBOK and Prince2 with venture life cycle: The PMBOK is utilized in the task life cycle to choose the arrangement of proper procedures which is utilized for meeting target of the association. The characterized approach is utilized for adjusting the item determination to conform to the task prerequisites (Vieira, 2014). The necessities are challenged by the need and desire for the partners. It keeps the harmony between contending request of the item quality as far as time, degree, quality, and expenses. The prince2 system is utilized for dealing with the nature of the task by reveling the idea of value and control and confirmation devices. The work bundles ought to be unmistakably characterized and taken care of. The consistency can be kept up by utilizing the quality instruments in the administration framework. The quality control is centered around working items producing (Wideman, 2012). The content situated expectations are the key component of the prince2 system which can be favored for future reference. The accompanying outline shows the interrelationship of undertaking life cycle with Prince2 and PMBoK approachs: End: The PMBOK control is overall acknowledged by the task administrator or dealing with the venture the correct way. The task can be effortlessly adjusted by the changing prerequisite of the clients. References: Jawline, C., Spowage, A. (2015).Project administration procedures: A relative examination. Bookkeeping from https://cibw117.com/diary/index.php/execution information and-worth/article/viewFile/75/73 Ghosh, S. (2012).Enhance PMBOK by contrasting it and PRINCE2 and P2M gauges. Recovered from https://pmkb.com.br/transfers/2013/08/95598999-Comparison-of-PM-Frameworks.pdf Karaman, E. (2015).Comparison of venture the executives strategies: Prince2 versus PMBoK for its undertaking. Recovered from https://www.ijaser.com/articles/vol4issue42015/vol4issue4/JASER4059.pdf Matos, S. (2013).Prince2 or PMBoK-An issue of decision. Recovered from https://www.sciencedirect.com/science/article/pii/S2212017313002417 Rad, N. (2013).Project lifecycle in Prince2. Recovered from https://www.projectsmart.co.uk/arranging lifecycle-in-prince2.php Skogmar, K. (2015).Prince2 and PMBoK manage. Recovered from https://www.axelos.com/CMSPages/GetFile.aspx?guid=4bf6bd26-2805-4b7f-8cba-c56a899eb871 Vieira, D. (2014).Integrating PMBOK guidelines, lean and dexterous strategies in venture the executives exercises. Recovered from https://research.ijcaonline.org/volume88/number4/pxc3893680.pdf Wideman, R. (2012).Comparison prince2 with PMBoK. Recovered from https://pdfs.semanticscholar.org/6d9f/811b7e5e95242b9f2e0fd18753a6f453bc8d.pdf

LiteraryMama.com Where Writing and Motherhood Are Celebrated

LiteraryMama.com Where Writing and Motherhood Are Celebrated In 2002, a class called Writing About Motherhood was taught in Berkeley, California, and the group of mothers who participated decided to continue meeting and sharing their work. As a result, Literary Mama was born four years later.The premise behind the Motherhood-centric ezine and blog is that all mothers have a story worth sharing. The website and its staff celebrate the physical, psychological, intellectual, and spiritual processes of becoming a mother through words and images that may be so stark it hurts.As a mother of three whose day job and career involve writing, I was immediately drawn to this website and its focus on mothers who write. As any mother can tell you, taking care of children is its own full-time job. That, combined with the daily stressors that are inevitably part of the role, make clearing ones schedule and head long enough to sit down and put words on a page an often-difficult task.The ezineWith July and August being the only two months without a monthly issu e, the ezine features creative nonfiction, fiction, poetry, columns, essays about writing and/or reading as a mother, book reviews, and profiles of mother writers and artists. Each issue is available online at absolutely no cost, and features work submitted by an extensive list of contributors combined with reader-submitted work from mothers, fathers, and even from a childs point of view.Screenshot of the Literary Mama ezineThe ezine also features thought-provoking interviews with writers in the industry who have much to share about what inspires them to write while parenting. For example, the most recent issue offers a profile of Sherisa de Groot, the founding editor and editor-in-chief of Raising Mothers, an online literary magazine which highlights the writing of femme-identifying and nonbinary people of color who parent.One quote from this interview really stood out to me:I need to be able to function as a whole adult, and 96 percent of my time I am in mommy mode. The other 70 p ercent I am working on Raising Mothers. (What? Thats not 100 percent?) I use my time as best as I can each day. I did start journaling last year, but Ive also taken a break from that. I dont believe in having it all anymore. I feel that tagline was a marketing tool set up to make us feel like failures as mothers. I reject it because typically men are not held to the same standard. I live on a sliding scale. If I can get a little of most things worked on/done, Im in excellent shape. I will revisit this once my children are both school-bound, and I have more breathing room.Sherisa de GrootThe submission guidelines for the ezine are printed here if youre interested in submitting your work.The Literary Mama blogIn addition to the monthly ezine available, writers can also find an extensive blog that is updated several times a week. With calls for submission and guest posts featured in a series called After Page One, the blog is full of helpful information and publishing opportunities for women who dare to take on the challenge of motherhood and writing.After Page OneAfter Page One is the name given to a series of guest posts that are focused on motivating, inspiring and encouraging other mama writers to get started on a writing project, return to one that has been put aside, read more, have a positive attitude, and integrate their writing with motherhood. The most recent post in this series is written by Rica Lewis and discusses how she feels depleted and stuck, and unable to write. She mentions how her writing rituals are replaced by cooking rituals. In the kitchen, baking is therapy, art, a canvas for the soul, she writes. Heres the thing about baking: its a cathartic practice in which I always end up with something sweet. But when I write, I get a piece of myself. And that is both beautiful and terrifying.Calls for submissionsIn addition to the After Page One posts, there are calls for submissions full of a wide range of opportunities to publish, including calls from Literary Mama, publishers seeking submissions, and for contests with impending June, July, and August deadlines. Each entry provides details regarding word length, deadline, topic, and payment (if applicable), which is extremely convenientâ€"especially for busy moms who might not have the time for in-depth research into opportunities for publishing.Writerly roundupAnother repeating blog series is Literary Mamas Writerly Roundup blog series, which features a curated collection of articles on the craft of writing and the creative life. Think of these posts as a collection of mini-summaries of multiple longer articles, which is perfect for busy mothers who dont have the time for a lot of personal and professional development.For example, in Mays Writerly Roundup, there are short, five to seven-paragraph summaries of the following articles:Make Them Care What You Think by Nora EphronThe Hacks Guide to Finding Time to Write by Bill FerrisThe Perfect Writing Group in 5 Easy Steps by Suzanne RobertsThe Best Summer Books of 2019 by Jeva LangeThink of this blog article series as offering quick bites while getting to the meat of the original article, including important quotes and takeaways from a fellow writer who has more time than you do to stay current on published advice for writers.Been there, done thatThe Literary Mamas Been There, Done That series allows readers, contributors, and editors to share their experiences at conferences, workshops, classes, writing festivals, and residencies. For this first entry into the series, Fiction Editor Felicity Landa writes about her experience at the Los Angeles Times Festival of Books. If youve ever been curious about what goes on at these conferences and festivals, this is an excellent way to experience them vicariously through the eyes of another writer and book lover.Literary reflectionsWriters love writing prompts. In fact, theyre one of the easiest ways to tap into creativity when youre feeling particularly uninsp ired or have writers block. For each issue of Literary Mama that is published on the website, there is a Literary Reflections writing prompt opportunity, allowing readers to share their responses.There are two great things that happen if you participate in this. First, the editors of Literary Mama will provide feedback on the response you send. As any writer knows, feedback from professional writers and editors should be highly valued because it helps us perfect our craft and learn how to do things better.Second, if the editors choose your response as their favorite, your entry will be posted on their blog. This is an excellent opportunity to publish your work online and hyperlink to it on your personal author page or social media.Additionally, and perhaps best of all, the writing prompts are thought-provoking. For example, this months writing prompt is inspired by Julie Sonneks essay My Fledgling Reader.After a brief introduction to the essay, the prompt reads:Is there a book or bo oks that helped your children understand the story of your family? Was it a book that mirrored your circumstances or perhaps a book that helped your children see that there are many different kinds of families with many different, beautiful stories? Please tell us about the book and how it was helpful or inspiring.Mays Literary Reflections, Literarymama.comSubmitting your work to the Literary Mama blogIf you are a mama writer interested in submitting your work to the After Page One series, the sites editors request that the word count be between 300 and 500 words, and suggest that you consider the following questions when thinking about what to write for the post.Consider the piece(s) youve published at Literary Mama, or elsewhere. Whats changed since you published it?Comment on a quote you have near your desk. Where did you first read or hear it? What do you know about the person or the setting in which the quote was made?What was the most surprising thing youve discovered about yo urself while writing?What book(s) do you think every writer/reader/mother should read?What impact has motherhood had on your work, your writing, or your priorities?Do you have a writing routine? What do you do when you get blocked? How do you set priorities?Have you attended a writing conference or book festival? How did the event inspire or educate you?What mistakes have you made in your writing or parenting? What have you learned from them?Do you have a writing community? How do they support you? How do you support them?They also suggest that writers consider one or more of the following themes when writing: Collaboration, Practice, Cycles, Journaling, Creativity, Growth, Ritual.The combination of motherhood and writing requires practice, growth, journaling, and ritual. Photo by Jessica Rockowitz on Unsplash.Final takeawayIn the hectic rush of motherhood, its easy to place your passion for writing on the back burner. After all, the list of to dos rarely ever gets done and alone ti me is a fantasyâ€"how is it possible to find the time (and space) to write?These obstacles are why I think a website like Literary Mama is such a gem. Not only does it inspire mothers to share their stories of motherhood, but it also provides a resource for publishing opportunities, professional development, networking with other writer mamas, and content that is aimed specifically at women in this subset.Whether you are a literary mama, or you simply know one, its worth adding this site to your bookmarks folder whenever inspiration and encouragement are needed.

Illegal Immigrants And Health Care Access - 6465 Words

INTRODUCTION Over the past few years, many issues have surfaced regarding illegal immigrants and health care access. Imagine your heart beating and blood rushing as quickly as possible through your veins. Then, someone knocks at the door, â€Å"rapido, escondete† (quickly hide); the silence takes over the house; the fear of what would happen next is quickly pounding hard through your head. That’s the fear that some people have to live in. It’s the fear of getting deported at any time or getting separated from family. The fear of being deported and separate from their love ones are also part of the fears and barriers that immigrants face that enable them from accessing health care. Consulting Previous Research â€Å"Health care is concerned with the individual’s care and treatment, while public health consists with health and well-being of populations.† Immigrants in general are people who migrate across national borders or foreign country for the purpose of seeking permanent residence and hopefully a better life. Conversely, illegal immigrants are those who violate immigration laws by entering another country without any permission whatsoever. Millions of people all over the world are bound to this choice due to the agony of leaving in countries with miserable economic resources and choices. Medical tourism is defined as the legal or illegal entry of an alien for the purposes of obtaining medical treatment or services unavailable in the alien’s home country. In other words,Show MoreRelatedShould Illegal Immigrants Have Access to Health Care?2988 Words   |  12 PagesEach year millions of illegal and undocumented immigrants enter the United States, most from Latin American countries, such as Mexico. Mexico is the largest single source of undocumented aliens in the U.S. and it is estimated that Mexican nationals may amount to 50% of the United States total. Immigrants flee their countries for a variety of reasons, such as, political repression, economic hardship, war, and poverty. Since there has been a spike in immigration, there have been policies implementedRead MoreIllegal Immigrants Should Receive Health Care Essay1313 Words   |  6 Pages  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  America needs comprehensive health care reform, and immigrants should be a part of the movement.  Ã‚  But many American citizens might ask that pertinent question: why should they cover the expense for illegal immigrants to access health care?  Ã‚  The answer is plain and simple: until congress passes immigration laws that work, people are going to migrant here illegally.  Ã‚  And to deny migrants access to affordable health care, Americans are not only denying them their human right, they areRead MoreEssay on Healthcare: for all or citizens only?1465 Words   |  6 Pagesof losing their life but also in fear of being in debt due to the prices of health care treatment they need. But what if this patient happens to be an illegal immigrant? Should doctors deny him/her because they lack citizenship? Or should illegal immigrants be treated just like any other patients by having a right to health care? Throughout the past decade restrictions on eligibility for taxpayer-subsidized medical care has risen at both the state and national level. Some of these restrictionsRead MoreIllegal Immigrants, Health Care, And Social Responsibility1430 Words   |  6 Pages209 Illegal Immigrants, Health Care, and Social Responsibility Immigration has been and is one big problem that is widespread these days. Immigration means to move from one country to another for the purpose of one better life, better job, better health etc. The other problem that comes with immigration is the illegal immigration that in these days is growing up so fast. Illegal immigration is a problem that affects all the developed countries like America. An illegal immigrant is definedRead MoreA Key Goal Of The Affordable Care Act Essay1672 Words   |  7 Pages A key goal of the Affordable Care Act (ACA) was to decrease the number of uninsured individuals, many of whom are in low-income families and are minorities (Kaiser Family Foundation 2016). Under the ACA, immigrants who are in the U.S. legally are eligible for coverage through the health insurance marketplace but undocumented immigrants are not (HealthCare.gov) even when using their own money to purchase. There are estimates of 11.1 million undocumented immigrants in the country as of 2014 (KrogstadRead MoreThe Concepts Of Public Health Nursing Essay1745 Words   |  7 Pagespublished by the United States Census Bureau, there are 1.4 million legal and illegal immigrant population residing in the country. The illegal immigrants who come from diverse ethnic groups and are of various age group. One of the problem that the America is facing right now is the problem with children who have crossed illegally into this country. In this paper, the author will define the issue based on the concepts of public health nursing, identify the ethical principle that is related to it, describeRead MoreEffects Of Illegal Immigration1658 Words   |  7 PagesIllegal immigration and the effect on the United States of America Illegal immigration In the United States no one wants to spend more than they have to, especially when it does not benefit them directly. So why are we? In 2011 the Federation for American Immigration Reform released a document explaining the fiscal burden of taon the taxpayers â€Å"The annual costs of illegal immigration at the federal, state, and local level is $113 billion; $29 billion at the federal level and $84 billion at theRead MoreEssay on Healthcare for Illegal Aliens1680 Words   |  7 Pagesthe prices of health care treatment they need. But what if this patient happens to be an illegal alien? What if the patient has a foreign illness that needs to be cured so it does not spread? Is it morally correct to deny this person treatment because he or she lacks citizenship or a valid visa? Or should illegal aliens be treated just like any other patients by having a right to health care? Throughout the past decade restrictions on eligibility for taxpayer-subsidized medical care has risen atRead MoreThe Social Issues That Affect All Citizens Of The United1479 Words   |  6 Pageswill impact social issues that affect citizens of the United States of America. For example, the two most important social issues that will impact citizens of the United States of America in 2017 include immigration and health care. Another aspect that affects immigration and health care in the United States of America is the role federal and state government will play. President Trump in his first few months has already created executive orders impacting immigration. â€Å"Executive Order 13769 suspendedRead MoreThe Health Care Act Of Lakeland Regional Health1575 Words   |  7 PagesLakeland Regional Health was number one in America for the most Emergency Room visits March 2015-2016, even so they re-direct on average 260 uninsured and Medicaid patients a month to their Family Health Cli nic for non-emergent care. The Affordable Care Act, though providing insurance benefits to many who could not afford insurance in the past, has not changed the quantity of patients utilizing the emergency room for primary care mostly due to the overwhelming need for more clinics that accept Medicaid

Psychology is the Scientific Study of Mental and...

INTRODUCTION Psychology is the scientific study of mental and behavior processes. It’s thus seeks to describe, explain, predict, and control the processes involved in areas such as perception, learning, emotion, and personality. All these topics are the province of the branch of social psychology. Social psychologists study the nature and causes of our behavior and mental processes in social institution (Baron Byrne, 1991). As a human being definitely we have a disparity experiences in our daily life, actually it’s the process which help us to reconstruct our behavior and adapt our self with the social environment. Regarding to understanding the social psychology the topic that will discuss more specifics in this paper include attitudes, social perception, and social influences. In subject of social psychology I learned about the field of psychology that studies the nature and causes of individual thoughts, feelings, and overt behavior in social situations. Theory is c rucial as a framework to see how far the importance of theories in developing one’s behaviors. Experiences 1 Blood is thicker than water is a phrase to describe how ties my relationship between my others relative. I came from a middle class family and the family bond is closer than anything else. Every year I received a new relative as part of my family thus making my family bigger. Whenever the marriage ceremony comes, we did not face any problem on planning the ceremony. For instance, every member of myShow MoreRelatedPsychology : Cognitive Psychology And Psychology980 Words   |  4 PagesCognitive Psychology 1064 Words 5 Pages Cognitive psychology began around 19th century. Different approaches have been used to trace the roots of psychology. It is also known that cognitive psychology was out numbered by behaviorism but later revived, bringing into being cognitive revolution. The paper discusses cognitive revolution in the history of cognitive psychology as the most influential part in the practice of modern psychology. Introduction A scientific branch of psychology that is concernedRead MoreCognitive Psychology Essay1069 Words   |  5 PagesCognitive psychology began around 19th century. Different approaches have been used to trace the roots of psychology. It is also known that cognitive psychology was out numbered by behaviorism but later revived, bringing into being cognitive revolution. The paper discusses cognitive revolution in the history of cognitive psychology as the most influential part in the practice of modern psychology. Introduction A scientific branch of psychology that is concerned with the study of cognitionRead Morepsy 3601407 Words   |  6 Pages Cognitive Psychology Definition Paper Introduction Cognitive Psychology/PSY360 Cognitive Psychology Definition Paper Cognitive psychology is the study of mental processes surrounding learning, memory, perception, and thought. Though it is still a relatively new formal branch of psychology, its roots extend back to Descartes who sought a way to explain how the mind worked, proposing the analogy of a â€Å"hydraulic system of nerve function† (Willingham, 2007, p. 26) after he observed animated statuesRead MoreCognitive Psychology Definition Paper1387 Words   |  6 PagesCognitive Psychology Definition Paper Randy Strickland University of Phoenix PSY/360 Dione Johnson July 111, 2011 Cognitive Psychology Definition Paper Introduction Cognition is the â€Å"science† term for the process of thought.† Its usage varies in different ways in accordance with different disciplines: For example, in psychology and cognitive science, it refers to an information processing view of an individuals psychological makeup. It addresses the questions of how psychological/cognitiveRead MoreContemporary Approaches to Psychology768 Words   |  4 PagesContemporary Approaches to Psychology The Latin prefix â€Å"psych† is translated into â€Å"mind or soul†. The suffix â€Å"ology† means the â€Å"study of†. Therefore, the study of behavior and mental processes is known as psychology. This field of study deals with animal and human behavior to the environment to which they are exposed. The purpose of psychologists studying the behavior of their â€Å"subjects†, or the people or animals being observed or tested, is to find four main things. These goals are to describeRead MoreLearning Theories : A Comparison Of Behavioral And Cognitive Views1163 Words   |  5 PagesLearning Theories: A Comparison of Behavioral and Cognitive Views Cognitive and behavioral learning theories tend to dominate modern discussions of learning theories. Employed in both educational and clinical settings, both have important contributions to understanding how and why individuals learn. Is one approach statistically better than the other, or do they each have their own place where one approach may be more effective under specific circumstances? Each theory has supporters who claimRead MoreCognitive Psychology863 Words   |  4 PagesCognitive Psychology Brian Shrum Psy/360 April 11, 2013 Dr. Turner Cognitive Psychology Hermann Ebbinghaus said, â€Å"Psychology has a long past, yet its real history is short† (Goodwin, 2008, p. 28). He was referring to the belief that while the study of human thought, emotion, and behavior is firmly entrenched in philosophy, psychology as its own discipline has only been around a short time. During this short time, different branches of psychology have come out, one of them is cognitive psychologyRead MoreWhy Do We Do Your Regular Schedules?1368 Words   |  6 Pagestrained to think or act. As children, we’re more perceptive and receptive than most people think, we lead by example and we reflect what we see from those around us, like a sort of mirror memory. Behaviorism is a theory in psychology and philosophy that emphasizes the outward behavioral aspects of thought. The theory is that human as well as animal behavior can be explained in terms of conditioning without appeal to thoughts or feelings, and that psychological disorders are best treated by altering behaviorRead MoreOrigins of Behaviorism Essay1714 Words   |  7 Pagesis based on the following sets of claims: (1) Psychology is the study of behaviour. Psychology is not the science of mind. This statement also forms a type of behaviourism: â€Å"Methodological† behaviourism claims that psychology should concern itself with the behaviour of organisms (human and non-human). Psychology should not concern itself with mental states or events or with constructing internal information processing accounts of behaviour. In its historical foundationsRead MorePsychology : Cognitive Psychology And Psychology1154 Words   |  5 Pagesproblem-solving, learning, memory, language and more come are explained by Cognitive psychology. With these necessary functions, you may wonder, just what is cognitive Psychology? Cognitive psychology is a branch of psychology that covers the mental processes of how people receive, retain and grasp information and situations. The term â€Å"cognition† stems from the Latin word â€Å" cognoscere† or to know. Basically, cognitive psychology studies how people acquire and apply knowledge or information. It is closely related

Learning from Your Life Story Free Essays

MGMT 614 Short Writing Assignment #1 Learning From Your Life Story Aashima Mutneja Gamma 5 Date of Submission: 22nd Jan, 2013 A. Think back over all of the leadership experiences in your lifetime. Choose the leadership experience of which you are the proudest. We will write a custom essay sample on Learning from Your Life Story or any similar topic only for you Order Now In this exercise, put yourself back in that time and describe it as if it were happening to you right now. Describe your proudest leadership experience, starting with the specific events. Consider the following questions in your description: What happened? What was the history or climate of the organization/group you were in? What triggered the experience? What caused you to step up and lead? What was the outcome? What changed in the people in the organization as a result? How did you feel†¦ Before stepping up to lead? When you first stepped up to lead? When facing the challenges of the situation? After the results were in? (Do not limit yourself on space for this section. ) Proudest Leadership Experience I graduated from the University of Mumbai in 2009 with a lucrative job offer as a financial trainee for one of the leading financial software companies in India. Additionally, I was fortunate that few of my close friends were going to join the firm along with me. However, few weeks before our official start we were notified of an indefinite deferment in our joining date. Most of us were finance enthusiasts and were disheartened at this development. We faced a series of disappointments as we tried to find a financial position at the peak of the financial crisis with no prior finance experience or education. Most of us eventually joined jobs related to our major in industrial engineering. However not being able to switch to finance added a lot of dissatisfaction in our current roles. My key strength, as pointed to me by the MBA program is restorative which means to have an innate knack of solving problems quickly and efficiently. I couldn’t agree more with this analysis and true to my nature I quickly started gathering and analyzing information related to careers in finance. I reached out to industry professionals and understood that the most desired qualification for finance professionals was a CFA charter. This answered my question on how to break into the field of finance. A CFA certification required passing three extremely difficult examinations, which meant grueling late night studying. I understood that the process would be highly stressful and hence decided to form a study group to ensure that there was a level of discipline, focus and support as we decided to endure this demanding journey. My next challenge was to convince people to get on board. My first choice was to approach my finance oriented friends. As expected, most of them were uncertain about the time and commitment required for this examination. The plan was to finish each level within six months as opposed to 12 months suggested by the program. I understood their apprehensions and tried to address all their questions and concerns patiently. To convince them to agree to give the CFA, I knew I would have to show them the benefits of holding a CFA charter. So I arranged a meeting with one of the CFA charter holders who got us excited about CFA and we started our journey towards a charter. My next challenge was to bring discipline and a routine to our studies. Exhausted after long hours of work, I kept the enthusiasm high by reminding them about the final result or simply by taking more frequent coffee breaks. Even though we finally established a routine, the frustration of studying and working together was taking a toll on all of us. Compromising on time with family and friends, missing out on our favorite activities including watching our favorite games, made us question if it was even worth it. At that time the only question I asked to myself was if not finance than what? I couldn’t imagine myself doing anything else, I was confident that this was the career option that best fit my interests and skills. I felt that my nner drive and perseverance was an inspiration to my friends and we fed of each other’s energy to carry forward. After twelve months of extreme hard work, we cleared two levels of the CFA examination as planned and the final third level twelve months after that. Fortunately, after completing two level of CFA all of us were able to secure a respectable job within the financial services space. I did not receive an award for it and maybe it did not make a differ ence to anyone else’s life. However I had the determination and focus to make a difference to my life. I could lead change within me and those around me. It has been one of the most difficult and challenging phase of my life but I have also felt the most driven and alive in those moments of struggle. This was my first real experience with leading others and me towards a goal. B. What things did you just learn about your leadership as you told that story? 1. Accountability 2. Patience 3. Self-discipline C. What leadership qualities did you bring to that leadership experience? 1. Determination 2. Patience 3. Focus 4. Initiative 5. Passion D. How did those qualities contribute to the outcome? Link an outcome to each of the qualities you listed above. Leadership Quality| Its Effect on the Outcome| 1. Determination| It helped me to stay focused on the goal during difficult times| 2. Patience| It helped me to adjust with different personalities and try to understand their perspective while trying to achieve an outcome in a team setting. | 3. Focus| It helped me rise above a disheartening situation and start developing the action plan to achieve my goal. | 4. Initiative| It helped me take actions to change he current state of affairs for the better and encourage guide other people to do the same. | 5. Passion| It helped me be determined and focused during difficult times and also made the entire process enjoyable and the final outcome worth the effort. | E. Now, be your own mentor. Turn back to the story again and look at it from the perspective of what you know now. If you were mentoring yourself at that time, what advice wo uld you give? Mentoring Advice In retrospect, I would advise myself to be more composed as I work towards my goals. I was focused and determined but compromised on my lifestyle, which I feel would not be sustainable in the long run. Having spent twelve months under constant stress and pressure made me lose sight of the bigger picture and made me a more paranoid person in general. I heard time and again during those trying times to â€Å"take it easy† as it was not the end of the world, while I would advise myself to stress myself too much, I would not like to have a â€Å"take it easy† attitude. I struggle to find the right balance of working and relaxation; a key component of a happy and successful life. How to cite Learning from Your Life Story, Essays

Kota Fibres, Ltd Essay Example

Kota Fibres, Ltd Essay Case Report for Kota Fibres, Ltd. Group 7 BA 141 (WFY) 8/11/2010 Table of Contents Point of View . 1 Case Context .. 1 Problem Definition .. Framework of Analysis . 1 Analysis . 2 Decision 6 Justification of Decision .. Implementation of Decision.. 7 Appendix .. 8 Bibliography 33 EXECUTIVE SUMMARY The group took the point of view of management for the case of Kota Fibres, Ltd. The goal of maximizing shareholder wealth was the backdrop against evaluations of the company’s health and proposals to improve the same were made. Kota Fibres’ main problem was fairly straightforward: the management of the company’s cash holdings was inefficient. This was reflected in the smaller problems that the company faced in 2001. An evaluation of the company’s profitability showed increasing price competition; liquidity, a dispiriting debt position; efficiency; a long cash conversion cycle; and leverage, increasing dependence on borrowed capital. Coupled with unfavorable market conditions, the events responsible for Kota Fibres’ financial health confirmed the company’s weak cash position. Cash flows were not only weak, but they were also drained by large dividend distributions. Management paid high dividends to shareholders for many years under the misapprehension that reinvesting in it in the business was necessarily riskier. Ironically, it was keeping cash out of the business that increased credit risk, devalued Kota Fibres as a manufacturing firm and reduced shareholder wealth. We will write a custom essay sample on Kota Fibres, Ltd specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Kota Fibres, Ltd specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Kota Fibres, Ltd specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In addition to cutting back on dividend distributions (at least until the company stabilized), the group also recommended implementing the Transportation manager’s proposal of reducing the rawmaterial-inventory requirement to 30 days to improve the company’s cash position and meet the demands of the heavy production and selling season ahead. I. Point of View: Management II. Case Context Kota Fibres, Ltd. was founded in 1962 to produce nylon fiber at its only plant in Kota, India. The company supplies synthetic fiber yarns to a steady ranchise of small local textile weavers that produce colorful cloths for making saris. The synthetic-textile market in India within the time frame of the case was driven by competitions in price, service and credit. For Kota Fibres, a large end-customer base of nearly 500 million Indian women and a relatively inelastic demand for its synthetic fiber yarns made the company a profitable enterprise. In fact, unit growth in the industry was exp ected to be 15 percent per year. However, Kota Fibres’ profit margins began to thin due to increasing price competition in the market. Management, in turn, adopted a seasonal production cycle that regrettably generated seasonal training and set-up costs and labor unrest. Moreover, operating expenses were estimated to be 6 percent of sales in 2001, a figure higher compared to last year’s. Interestingly, this was due to the addition of a quality-control department, for which there had been no indications of a need for one, and the three young nephews of Mrs. Pundir, in whom she hoped to build an allegiance to the family business. She also proposed to pay dividends of Rs500,000 per quarter to only 11 individuals who held the entire equity of Kota Fibres, Ltd. Incidentally, these 11 individuals were members of her extended family. III. Problem Definition: Mrs. Pundir’s management of Kota Fibres’ cash is inefficient. Because the company is already anticipating the heavy selling season, the problem thus requires a solution that will generate cash inflows in the immediate future. IV. Framework for Analysis A. Gaining Familiarity B. Identifying the Problem C. Recognizing Sub-problems D. Identifying Goal/s E. Analyzing the Case F. Recommendation V. Analysis A. Gaining Familiarity Please refer to the Case Context above. B. Identifying the Problem Please refer to the Problem Definition in the previous page. C. Recognizing Sub-problems In 2001, Kota Fibres faced several sub-problems that reflected, if not confirmed, the inefficient management of the company’s cash holdings. Frequently overdrawn bank account Unpaid excise tax Delayed customer deliveries suspended collections of sales Impaired credit profile Large dividend distributions D. Identifying Goal/s 1. To determine how the proposals of Mrs. Pundir’s middle-managers may improve Kota Fibres’ cash position 2. To provide Kota Fibres with an improved financial plan to present to the bank that will qualify the company for an extension of credit, in order to meet the demands of the heavy selling season ahead E. Analyzing the Case Part 1: An evaluation of Kota Fibres’ profitability, efficiency, liquidity and leverage The following were attributed to the company’s position in the market and additions to operations: CGS and OPEX increased by nearly 50 percent in 2001 from the base year. Net profit was reduced by 60 percent in 2001. (Refer to Table 2, Figures 5, 7 to 10). Net and operating profit margins decreased from 1999 to 2000 by 3 percent and from 2000 to 2001 by 2 percent. (Refer to Table 1, Figure 6). Decreases in EBIT and net profit ? decrease of 10 percent in ROA and ROE in 2001 (Refer to Figures 4 to 6, 13) Notably, interest expenses grew about a 100 percent in the same year, which implied that the company planned to borrow more money in 2001. (Refer to Figures 11 and 12). The company’s liquidity position fell about 200 percent in 2001 because of a 400 percent increase in notes payable to the bank in the same year. (Refer to Figure 14). Kota Fibres’ cash holdings were only 5. 3 percent of total assets in 2000 and even fell in 2001. This percentage barely covered half of the company’s current liabilities and alerted the group to the possibility of bankruptcy. (Refer to Table 6, Figure 22). Kota Fibres’ working capital was only 24 percent and 14 percent of total assets in 2000 and 2001, respectively. (Refer to Figu re 17). The group expected a higher figure, especially for a manufacturing company, but learned that the company’s cash position might have been responsible for the drop in the figure. There was also a sharp fall in Kota Fibres’ equity-debt ratio due to a 200 percent increase in total debt in 2001. Refer to Figure 15). The company’s forecasted debt position was dismal thus far. Kota Fibres’ inventory, accounts receivable and accounts payable turnover ratios decreased in 2001 because inventory, A/R and A/P increased in the same year. Figures for days inventory and average collection and payment periods increased consequently, resulting in an operating cycle of 18 days in 2000 and 21 days in 2001. (Refer to Figure 19). However, when the averages of inventory, A/R and A/P for the year ending 2001 were used in determining the turnover ratios, new figures showed that the company was actually terribly inefficient. Seasonal fluctuations in inventory, A/R and A/P accounted for averages higher than the ending balances of the same in 2001. These, in turn, produced a figure of 72 days for cash conversion cycle. (Refer to Figure 20). In other words, the company doesn’t expect to realize cash from its acquisition of inventory within intervals of nearly three months in 2001. The following were the reasons why the bank didn’t extend any more credit to Kota Fibres: Poor cash holdings Increases in interest obligations and decreases in EBIT decreases in nterest coverage ability from 1999 to 2001 (Refer to Figure 21) Declining cash-debt coverage figures (Refer to Figure 22) Despite having an equity-based financial structure, ratios for leverage revealed that the extent of non-owner claims to Kota Fibres’ assets in 2001 nearly tripled from 2000. Likewise, assets were thrice more funded by creditors in 2001. (Refer to Figures 23 and 24). Unfortunately, the increases in Kota Fibresâ€⠄¢ borrowing activities in 2000 were neither supported by increases in cash inflows nor supportive of possible cash inflows. In fact, the company may need to borrow some money from the bank in order to maintain a cash balance of Rs750,000 in 2001. (Refer to Figures 25 and 26). Part 2: An evaluation of the proposals of Mrs. Pundir’s middle-managers. Assumptions made for each proposal are as follows. Extend current credit terms of 45 days to 80 days for Pondicherry Textiles. Rs6,000,000 Sales: 1. Because Pondicherry Textiles was expected to purchase from Kota Fibres across the year, the group allocated Rs6M throughout 2001 according to the purchase pattern of the latter’s customers. 2. Collections from the sale to Pondicherry Textiles were reflected after 80 days of forecasted sales made for every month in 2001. (Refer to Tables 8 and 9) Reduce raw-material inventory requirement from 60 days to 30 1. Raw materials per month of 2001 = 55 percent of sales expected to be made two months later. 2. Raw materials turnover ratio = CGS/Raw materials 3. Days raw materials = 360/RM turnover 4. Because the same amount of material will be purchased by Kota days. Purchases: (same) Fibres, only the requirement for days raw materials was changed—60 to 30 days (Refer to Tables 10 and 11) Accept Japanese firm’s proposal to supply expected to be made two months later on a just-in-time basis, which may reduce pellets inventory to 2 (or 3) days outstanding. 1. Pellet-RM per month of 2001 = 35 percent of 55 percent of sales 2. Pellet-RM turnover ratio = CGS/Pellet-RM polyester pellets , 3. Days pellet-RM = 360/Pellet-RM turnover 4. Because the same amount of pellets will be purchased by Kota Fibres, only the requirement for days pellet-RM was changed—60 to 2 days. (Refer to Tables 12 and 13) Implement a scheme of level production. annual 1. In economics, the cost of producing a good is the cost of its factor input. The group decided to simplify the implementation of this particular proposal by equating the cost of production with the cost of labor. 2. Figures for net sales were used in the computation of GPM, which was adjusted to reflect labor savings in OPEX. (Refer to Tables 14 and 15) The effects of each proposal were made to reflect in the Schedule of Cash Receipts and Disbursements, supported by adjustments made to the Forecast T-Accounts. Each proposal was implemented, that is, â€Å"plugged into† the existing schedule and t-accounts, independently. Tables 8 to 15 show that the second proposal produced the least amount of debt outstanding, Rs2,704,866, at the end of 2001. By reducing the length of time that inventory was held in the warehouses, decreases in storage and holding costs significantly reduced operating expenses. Mrs. Pundir’s original forecast for Debt Outstanding was Rs3,463,701. [Note: Though the third proposal reduced the original forecast for debt outstanding to Rs3,017,128, the effects of implementing the same show a slightly higher figure for Purchases because such raw materials were purchased more often. Refer to Tables 5 and 12). ] The same proposal also produced the greatest percentage for cash as a percentage of total assets—nearly 5 percent. Though the first proposal increased A/R the most, cash collections were far in between due to the extension of credit terms. Consequently, this proposal produced the largest amount of debt outstanding at the end of 2001. (Refer to Table 5). Net cash inflo ws of Rs46,814 under the first proposal and Rs287,850 under the second proposal were used to pay the bank in December. Refer to Tables 8 and 10). The last two proposals produced not only the second and third largest amounts of debt outstanding, respectively, but also the only net cash outflows, the amounts of which were subsequently borrowed from the bank. (Refer to Tables 5, 12 and 14). Table 1 shows a ratio analysis of the effects of the implementation of each proposal. F. Recommendation The group recommends the implementation of the Transportation manager’s proposal to reduce the raw-material-inventory requirement from 60 days to 30 days. VI. Decision Tables 10 and 11 show the effects of the implementation of the second proposal on the Schedule of Cash Receipts and Disbursements and on the Forecast T-Accounts. The same figures show that Kota Fibres is still indebted to the bank in the amount of Rs2,704,866. In addition to the implementation of the second proposal, the group recommends the proposed yearly dividend distributions (Rs2,000,000) to be reinvested in the company and be used to pay the bank. The group also recommends the issuance of equity securities to raise funds to pay the balance. Furthermore, the group advises management to consider equity financing in raising funds for heavy selling seasons in the future. For now though the group believes that the recommendations given thus far will be sufficient to satisfy the immediate production and selling needs of Kota Fibres. VII. Basic Justifications of Decision The large dividend distributions that Mrs. Pundir made to the company’s 11 shareholders (also members of her extended family) were primarily accountable for the company’s poor cash position. The Pundir family believed that excess funds retained in the business were at greater risk than the