Risk Management Within an Enterprise

Risk Management Within an Enterprise Introduction Risk management is a identification process of upcoming threats and danger to an organisation. In an organisation risk can enter through many ways, it can come from project failure, financial market, an accident in organisation such as flood, earthquake, cyclone, power failure, public health and safety and legal risk etc. Risk can be low to medium, or medium to high. It is difficult to say that an organisation can solve all the upcoming risks to the organisation like earthquake, we can just assume that earthquake can damage the business, but we cannot say how much, but there are some alternatives of upcoming threats like in power failure we can use generator to keep running the business. 1) Purpose of risk management within an enterprise-  The purpose of risk management in an organisation to identify problems before they enter and create problems in the organisation, so that risk management handling process may be planed. It is a continuous looking ahead process so it is an important part of a business. Early detection of risk is important because it is easier, not much expensive, and changes can made easily in the planned process. It is easy to maintain a strategy and solve the risks when they are in early stage. A successful manager can monitor risks before they create problems in a business. The lack of information can is dangerous in a business so the staff of the organisation should be well training so that they can assume the risk when it is in early stage and report to the management as soon as possible. 2) Benefits of risk management within an enterprise-  An effective risk management program can help the organisations to manage their risks and maximise success opportunities .There are too many benefits of risk management to an organisation, like less time consuming, less costly, less labour. The managers of an organisation should train the staff that they can discuss the risks with the management when it is in early stage. Communication is a beneficial way for an organisation it helps to understand the most important risk areas. Staff can provide information in written or discuss with the management. So it can be early identification for the management and an alert to the management about the upcoming threats. The potential risk management benefits are ; supporting business planning, use of resources in effective ways, continuous improvement in the business, fewer dangers and threats, increase of new opportunities, increasing communication between staff and management, helps and focus internal audit programme etc. 3) A Reviewing of activities and internal environment-  By reviewing the internal environment of a organisation we can assume that how we can identify the risks and found risk in the organisation is acceptable or unacceptable, if it is unacceptable then how can we manage that risk to avoid an upcoming danger or threat. It can be found by an audit committee or by a group. Risk can affect the internal environment of the organisation .It depends on the organisations staff that how well they are trained by the management, it depends on the skills of the staff that how they will handle it or will they handle it themselves or will report to management of the organisation. The staff and management should perform their duties with responsibilities and complete their assignments on the given time frame by the management. There should be a continuous monitoring of activities in the organisation and the management should do something for the development of the staff and give them a proper and continuous training so they can be perfect in performing their duties. B. Setting objectives-  All the organisations face the risks from internal and external environments. Objectives should be exist before the management can identify risks affecting the achievements of the organisation. An agency should develop related objectives. There are three broad categories of objectives †operations, reporting, and compliance. In operations the company should do all the operations and work very effectively and in a progressive way, there should not be the minor faults in the formulations of the products and services of the company. If there are any risks around the operation the management should make a report and find the solutions of the involved risks. If they will avoid the so there will not be compliance risks for the company, and the company can achieve their target successfully. There are some questions that what risks should a company not accept for example quality compromises and environmental and rules and regulations set by the government. They must not accept the legal risks. All the product and services should be a standard quality. Always worst outcomes should be assessed for the development of the company. C. Event identification-  An event is a incident arising from external and internal sources that can affect implementation of strategy. There are some external and internal factors through which we can identify events. Economic changes can affect the company financially. Ups and down in the currency of the country can affect the import and export of the company. Natural environments can also affect the company. Environmental damage can cause by failure in the rules and regulations set by law. Loss of funds through frauds can be a serious problem for the company. Failure to measurement of product can be another deficit for the company. Project delay can affect the company, s reputation. Failure of contractors and partners can be another bad situation for the company. Technical faults can also be costly for the company, It can be time consuming and affect the company, s target and reputation. D. Risk assessment with particular reference to the impact and likelihood of risk-  In an organisation it is possible that an event can occur and affect the achievements of the objectives. It can decrease the value of the goods and services, so that risk should analysed because of their impacts. Management should consider the future events, expected or unexpected. They should always finding that what is worst that can happen or damage the reputation of the organisation. Considering the risk appetite the amount of risk is acceptable or not, most likely the government entities risk is low than the private organisations. Tolerance level is high in the private organisations. Risk assessment can use quantitative and qualitative methods. If the management already miss to give notification to the controller and it can be failure to recover the funds. Lack of notification can result in investigation. E. Risk response-  Management determines that how can be respond to the risk, reviewing and impact, evaluating costs and benefits and selecting options within the entity, s risk tolerance. Management should keep trying to avoid the risk if there are other alternatives in front of company. By doing that the risk management we can find out what is good for the company. If the risk occurs the specific actions should taken by the management to reduce the risk level. Reducing risk by sharing the impact of the risk can be beneficial for the organisation. If the organisation will accept the risk without doing anything then the results can be dangers. It is easy to analyse the cost side in spite of benefit side. Management should first find the risks in each division or in each business unit. A view of risk can be depicted in several ways focusing on major risks and event categories across divisions. If the risk is in the program unit can be tolerated but it depends of the level of the risk. F. Control activities-   there is a major role of effectiveness and efficiency in control activities. Control activities should be tested to ensure that there is not material weakness or difficulties. Management also should ensure that control activities are carried out in a timely manner. Internal auditor can also support management by providing assurance on the effectiveness and efficiency of control activities. In an organisation they must provide the receipt to customers, cash should be handle with care, information system and data processing system should be strong enough, financial reporting, accounts receivable , and investments should handle with care. Misuse of company, s assets, corruption and fraudulent reports should be should be probe properly. The management should focus on the core areas like information system, contracts, purchasing, grants and other programs, services provided to the community, revenue collection, salaries of employees, and property. Risk with large and moderate impacts should be addressed with control activities. G. information communication-  Information is major source to identify risks, and respond them in a appropriate way even is external or internal. Information should available for widespread use, all the transactions should recorded and tracked in actual timing, management should have immediate access to operating and financial information more effectively. If the risk is in tolerance than that, s all right otherwise an action should take immediately. Data reliability in information system should assessed carefully, poor assessment or bad management decisions can affect the targets. Communication is another way to be safe from risks, managers and staff needs to discuss the matters with each other, and tries to find the solutions for the problems. If necessary they should take actions immediately. H. Monitoring- In an organisation ongoing monitoring activities should be continuous process. Ongoing monitoring activities will occur through management activities. Division head, Line manager, controller, senior management, internal auditor, and external auditor can evaluate the monitoring process. A variety of evaluation techniques are available like checklist, questionnaire, flowchart techniques, performance steps etc. Reporting to the management about the risks is a good way to keep an eye in the organisation it will be far seeing process which can keep safe the organisation from unwanted danger and threats. Conclusion:  Savoury aroma coffee shopee should identify threats coming in the way of achieving objectives and start creating hazards. They should do proper assessment and need to find solution. This solution should be bigger than problem. They have to be very competent and efficient.

Ebonics :: essays research papers

Ebonics, which stands for Ebony + Phonics is a new term that Linguistics use to describe Black Dialect or Black English or many of the other names that it has been given for more that 350 years.. has been in the news recently but it is definitely not a new topic. Ebonics is a "language" that is a combination of "proper English" and a combination of African languages. Because of this combination a pattern was formed on how certain words are said such as this and that, would be pronounced dis and dat. In all words the "Th." sound sounded like a "D". There was also another pattern formed such as, no tense indicated in the verb, no "r" sound and no consonant pairs. These are just some of the many patterns that were created when Africans were forced to learn the English language.History states that around 1619, during the slave trade, ships collected slaves not just from one nation but from many nations. Although they were all Africans certain areas spoke different languages. Some Africans spoke Ibo, Yoruba and Hausa. They were then separated from each other and had to travel with people whom the could not understand. Captain William Smith wrote:...There will be no more likelihood of their succeeding in a plot...The slaves then had to learn English so that they could have some form of communication with their masters. Their native language and English would be combined and they would speak African-English pidgin. As the slaves began to learn how to communicate with each other, their words would merge into one common word that they could all understand. This is one of the ways that the language became mixed with English.When the African slaves had children they talked to them in African English pidgin. The slaves taught the children both languages so that they could communicate with the slaveowners and to other slaves. As each generation went on the Africans began to speak better English but there were still word that were never spoken correctly or said in proper form.In Georgia and other southern states there were blacks who were not brought from Africa and quite a few knew how to speak standard English. Around 1858 over 400 slave from Africa were brought straight to Georgia and none of them knew a word of English.(Smitherman) Being that these two groups merged together they adapted each others language whether it was correct or incorrectOn the east coast of America, the Blacks spoke a different degree of

Bloodsucking Fiends: A Love Story Chapter 1

This is a work of fiction. Names, characters, places, and incidents either are products of the author's imagination or are used fictitiously. Any resemblance to actual events or locales or persons, living or dead, is entirely coincidental. Acknowledgements The author gratefully acknowledges those people who helped in the research and writing of Bloodsucking Fiends: Mark Joseph and Mark Anderson for help with research in the Bay Area. Rachelle Stambal, Jean Brody, Liz Ziemska, and Dee Dee Leichtfuss for their careful reads and thoughtful suggestions. My editors, Michael Korda and Chuck Adams, for their clean hands and composure. And my agent, Nick Ellison, for his patience, guidance, friendship, and hard work. In memory of my father: Jack Davis Moore Part I Fledgling Chapter 1 Death Sundown painted purple across the great Pyramid while the Emperor enjoyed a steaming whiz against a dumpster in the alley below. A low fog worked its way up from the bay, snaked around columns and over concrete lions to wash against the towers where the West's money was moved. The financial district: an hour ago it ran with rivers of men in gray wool and women in heels; now the streets, built on sunken ships and gold-rush garbage, were deserted – quiet except for a foghorn that lowed across the bay like a lonesome cow. The Emperor shook his scepter to clear the last few drops, shivered, then zipped up and turned to the royal hounds who waited at his heels. â€Å"The foghorn sounds especially sad this evening, don't you think?† The smaller of the dogs, a Boston terrier, dipped his head and licked his chops. â€Å"Bummer, you are so simple. My city is decaying before your eyes. The air is thick with poison, the children are shooting each other in the street, and now this plague, this horrible plague is killing my people by the thousands, and all you think about is food.† The Emperor nodded to the larger dog, a golden retriever. â€Å"Lazarus knows the weight of our responsibility. Does one have to die to find dignity? I wonder.† Lazarus lowered his ears and growled. â€Å"Have I offended you, my friend?† Bummer began growling and backing away from the dumpster. The Emperor turned to see the lid of the dumpster being slowly lifted by a pale hand. Bummer barked a warning. A figure stood up in the dumpster, his hair dark and wild and speckled with trash, skin white as bone. He vaulted out of the dumpster and hissed at the little dog, showing long white fangs. Bummer yelped and cowered behind the Emperor's leg. â€Å"That will be quite enough of that,† the Emperor commanded, puffing himself up and tucking his thumbs under the lapels of his worn overcoat. The vampire brushed a bit of rotted lettuce from his black shirt and grinned. â€Å"I'll let you live,† he said, his voice like a file on ancient rusted metal. â€Å"That's your punishment.† The Emperor's eyes went wide with terror, but he held his ground. The vampire laughed, then turned and walked away. The Emperor felt a chill run up his neck as the vampire disappeared into the fog. He hung his head and thought, Not this. My city is dying of poison and plague and now this – this creature – stalks the streets. The responsibility is suffocating. Emperor or not, I am only a man. I am weak as water: an entire empire to save and right now I would sell my soul for a bucket of the Colonel's crispy-fried chicken. Ah, but I must be strong for the troops. It could be worse, I suppose. I could be the Emperor of Oakland. â€Å"Chins up, boys,† the Emperor said to his hounds. â€Å"If we are to battle this monster, we will need our strength. There is a bakery in North Beach that will presently be dumping the day-old. Let's be off.† He shuffled away thinking, Nero fiddled while his empire went to ashes; I shall eat leathery pastries. As the Emperor trudged up California Street, trying to balance the impotence of power with the promise of a powdered-sugar doughnut, Jody was leaving the Pyramid. She was twenty-six and pretty in a way that made men want to tuck her into flannel sheets and kiss her on the forehead before leaving the room; cute but not beautiful. As she passed under the Pyramid's massive concrete buttresses she caught herself limping from a panty-hose injury. It didn't hurt, exactly, the run that striped the back of her leg from heel to knee, the result of a surly metal file drawer (Claims, X-Y-Z) that had leaped out and snagged her ankle; but she was limping nonetheless, from the psychological damage. She thought, My closet is starting to look like an ostrich hatchery. I've either got to start throwing out L'eggs eggs or get a tan on my legs and quit wearing nylons. She'd never had a tan, couldn't get one, really. She was a milk-white, green-eyed redhead who burned and freckled with sun. When she was half a block from her bus stop, the wind-driven fog won and Jody experienced total hair-spray failure. Neat waist-length waves frizzed to a wild red cape of curl and tangle. Great, she thought, once again I'll get home looking like Death eating a cracker. Kurt will be so pleased. She pulled her jacket closer around her shoulders against the chill, tucked her briefcase under her breasts like a schoolgirl carrying books, and limped on. Ahead of her on the sidewalk she saw someone standing by the glass door of a brokerage office. Green light from the CRTs inside silhouetted him in the fog. She thought about crossing the street to avoid him, but she'd have to cross back again in a few feet to catch her bus. She thought, I'm done working late. It's not worth it. No eye contact, that's the plan. As she passed the man, she looked down at her running shoes (her heels were in her briefcase). That's it. Just a couple more steps†¦ A hand caught in her hair and jerked her off her feet, her briefcase went skittering across the sidewalk and she started to scream. Another hand clamped over her mouth and she was dragged off the street into an alley. She kicked and flailed, but he was too strong, immovable. The smell of rotten meat filled her nostrils and she gagged even while trying to scream. Her attacker spun her around and yanked on her hair, pulling her head back until she thought her neck would snap. Then she felt a sharp pain on the side of her throat and the strength to fight seemed to evaporate. Across the alley she could see a soda can and an old Wall Street Journal, a wad of bubble gum stuck to the bricks, a â€Å"No Parking† sign: details, strangely slowed down and significant. Her vision began to tunnel dark, like an iris closing, and she thought, These will be the last things I see. The voice in her head was calm, resolved. As everything went dark, her attacker slapped her across the face and she opened her eyes and saw the thin white face before her. He was speaking to her. â€Å"Drink,† he said. Something warm and wet was shoved into her mouth. She tasted warm iron and salt and gagged again. It's his arm. He's shoved his arm in my mouth and my teeth have broken. I'm tasting blood. â€Å"Drink!† A hand clamped over her nose. She struggled, tried to breathe, tried to pull his arm out of her mouth to get air, sucked for air and nearly choked on blood. Suddenly she found herself sucking, drinking hungrily. When he tried to pull his arm away she clutched at it. He tore it from her mouth, twisted her around and bit her throat again. After a moment, she felt herself fall. The attacker was tearing at her clothes, but she had nothing left to fight with. She felt a roughness against the skin of her breasts and belly, then he was off her. â€Å"You'll need that,† he said, and his voice echoed in her head as if he had shouted down a canyon. â€Å"Now you can die.† Jody felt a remote sense of gratitude. With his permission, she gave up. Her heart slowed, lugged, and stopped.

alcoholism in spokane indian - 1139 Words

Alcohol has always been one of the most profitable industries in the business world. More than $400 billion worth of alcohol purchased in the US alone in 2013 according to an economic website. Alcohol is a common figure where it can be easily spot in every household to grand restaurants, however, it is a huge factor contributed to the death rate each year. It has ruined an innumerable number of people lives due to excessive drinking or affect by an alcoholic person. In his book, â€Å"The Absolutely True Diary of a Part-Time Indian†, Sherman Alexie emphasizes how significance alcohol can affect a teenager life, where Junior, the main protagonist has lost 3 family members because of alcohol. He shows that alcoholic should not be taken as a†¦show more content†¦And plenty of drunken Indians have killed other drunken Indians† (158). Junior’s grandmother was struck and killed by a drunk driver. It’s also states out the fact that many Indians when they get drunk can kill another person without notice what they have done is wrong. The fact that Junior’s grandmother should died because of the old age is more suitable and acceptable than being hit by a drunk driver. Accidents are not intentional, however, the criminal try to get as drunk as possible and his unconsciousness has lead to this unfortunate scenery. Spokane Indians such as Gerald, the drunken driver, only thinks that it doesn’t matter how much alcohol they drink, as long as they can take themselves home safely. However, the consequence of their action may result the death of many innocent victims who should enjoy the rest of their life, instead of burying under the ground .It claims that one drunken person can kill another person or maybe a group of people if there is a car accident. In this article Denise Martinez-Ramundo, talks about what she saw on the Pine Ridge Indian Reservation. She talks about how much and how severe the alcohol abuse is on the reserv ation. She says that children as young as five or six years old have had alcoholic drinks. She also gives us the staggering statistic that 80-90% of adults on the Reservation have severe alcohol abuse problems. Lining the streets of the Pine RidgeShow MoreRelatedThe Absolutely True Diary Of A Part Time Indian1296 Words   |  6 PagesIn Sherman Alexie’s The Absolutely True Diary of a Part-Time Indian (2007) a teenage boy named Junior, explains his struggle of breaking the cycle of his indigenous people and moving between an Indian American reservation (the ‘rez’) and a mainstream school in a town called Reardon. The protagonist explains, through first-person accounts, his life on the reservation and his experiences as he attempts to break the cycle of alcoholism and poverty that is imposed on him merely because he is an IndigenousRead MoreThe Power Of Opportunity For Young Adults1346 Words   |  6 PagesFactors such as poverty, alcoholism, or prejudice. Alexie uses enthusiastic, and critical in-text examples to better direct targeted young adult readers in the path of an optimistic future. He indirectly gives the teen audience a sense of productivity for their own future. Through figurative hope and optimism, Alexie narrates American-Indian characters to provide an illustration of how undesirable factors of life can weigh down success for those residing on a reservation in Spokane, Washington. WhetherRead MoreThe Lone Ranger And Tonto In Heaven By Sherman Alexie978 Words   |  4 Pagescharacters, The Lone Ranger and Tonto Fistfight in Heaven by Sherman Alexie illustrates the lives of modern Native Americans on the Spokane Indian Reservation and their hardships, which include despair, alcoholism, and poverty. Tribal members hold high hopes for the young who have extraordinary talent while doubting that they will achieve success and watching them succumb to alcoholism. These stories, while sad and gloomy, are told with humor and wit, mak ing the stories bearable to the reader. The grabbingRead More Exaggeration of Despair in Sherman Alexies Reservation Blues950 Words   |  4 Pagesexaggerating the Native Americans’ despair. Alexie cannot ignore the alcohol situation when describing Native American culture, but Alexie does not need to make alcoholism a common trait amongst almost every ‘Indian’ on the reservation and other reservations. Bird’s statement concerning Alexie’s embellishment of Native American despair due to alcoholism is an accurate interpretation of Reservation Blues. In Reservation Blues, almost every Native American is an alcoholic. Two of the main characters, VictorRead MoreSherman Alexie s The Lone Ranger And Tonto Fistfight1405 Words   |  6 Pagescollection of short stories about the lives of the people who live on the Spokane Indian Reservation. The central protagonist of the story is Victor Joseph who we see in many short stories and thus see the plight Native Americans go through in modern day America. The novel shows us the many trials that the people of the Reservation go through and addresses the many serious problems that modern Native Americans face, such as racism, alcoholism, poverty, limited educational opportunities, and being geographicalRead MoreSherman Alexie s Childhood And Education1896 Words   |  8 PagesSherman Alexie’s childhood and education have had a profound effect on his writing and career. Being a Native American growing up on the Spokane Indian Reservation, Alexie has had to fight stereotypes and certain negative influences such as alcoholism and poverty his entire life. The reader can gain a better understanding of Alexie’s struggles and negative influences in his life through one of his poems, â€Å"Influences†, where he discusses the negative influences he faced with alcohol from his ownRead MoreReservation Blues By Sherman Alexie1794 Words   |  8 Pagesfrom the purpose, or theme, of the book. That theme is the fact that everything happens for a reason as your desires could stare you in the eye without you realizing. In the beginning of the book, a black man named Robert Johnson walks into the Spokane Indian reservation looking for one woman to help him, and Thomas Builds-The-Fire selflessly goes and helps him as his whole reservation has never seen a man with such a dark skin tone. This was where he was staring his ambition in the eye, as Rob hadRead MoreThe Absolutely True Diary Of A Part Time Indian By Sherman Alexie1886 Words   |  8 PagesIntro The Absolutely True Diary of a Part-Time Indian by Sherman Alexie is the story of a Native American boy who lives on a reservation but wants to leave in hopes to be different and make his life into something special. He ends up leaving the reservation in search of hope and after a few bumps he finds it. The story is based in the 1990s and around the Spokane Indian reservation in Washington. The Absolutely True Diary of a Part-Time Indian exemplifies the Native American culture through theRead MoreCultural Influences in the Absolutely True Diary of a Part-Time Indian1168 Words   |  5 PagesIntroduction The Absolutely True Diary of a Part-Time Indian by Sherman Alexie is a novel about Arnold Spirit (Junior), a boy from the Spokane Indian Reservation who decides to attend high school outside the reservation in order to have a better future. During that first year at Reardan High School, Arnold has to find his place at his all-white school, cope with his best friend Rowdy and most of his tribe disowning him, and endure the deaths of his grandmother, his father’s best friend, and his sisterRead MoreThe Absolutely True Diary Of A Part Time Indian, By Sherman Alexie1391 Words   |  6 Pageseffects that go along with living on an Indian reservation, this statistic may appear slightly more alarming. The effects of growing up on a reservation is a commonly overlooked topic that many don’t give a second glance. Unfortunately, there are issues that should be seen by the common person and with the knowledge of these issues, can possibly alter a person outlook on reservations in the US. In the novel, The Absolutely True Diary of a Part-Time Indian, by Sherman Alexie, the author sheds light