Monday, August 10, 2020
Need a Business Idea Here are 35 You Can Use to Start Your Business Empire
Need a Business Idea Here are 35 You Can Use to Start Your Business Empire Setting up a business can be a wonderful venture but many individuals are usually discouraged by the idea of assessing the market and understanding the startup costs.Due to this, people find themselves force fully working 10-hour desk jobs that they arenât happy in.This article demonstrates 35 ideas that are ideal for individuals looking to start their very first business with very little capital.HEREâS WHY OPENING A BUSINESS CAN BE AN ADVANTAGEOUS VENTUREBe Your Own BossThe greatest factor that business owners enjoy is the joy of independence to perform the work tasks the way they desire.Freedom from senior management, freedom from taking calls from the upper management, and decisions you arenât happy with â" Say goodbye to them!As a business owner, you are in charge of the companyâs growth and are responsible for taking all the key responsibilities.Think of having your own business as owning your own garden and watering your own plants. You get to see the plants grow and y ou will be proud when they eventually become well-established fruit-providing trees.Excellent Work-Life BalanceAs a business owner, you set your own work timings and you enjoy a work-life balance by making your own schedule.Research by Indiana University has shown that work-life balance is key to maintaining positive health and over 15% of participants were exposed to stressful environments causing them to experience fatal deaths in the long run.By running your own business, you can provide your employees with flexible work timings and a vacation leave to ensure your employees are happy with the company and improve their productivity.You get to choose the type of employees that work for your company, creating a work culture.For example â" If youâre working at a digital media company, you can hire freshers and youngsters with a style and create wall paintings to give a vibrant and youthful work atmosphere.With this type of work environment, employees would love to come to work eve ry day, therefore increasing your companyâs net profits.Enjoy the Challenge of Risk and Reap the RewardsThe famous quote â" âNo Pain No Gainâ is something the entire business environment is built upon.Risks are challenges that come to entrepreneurs frequently, the ability to deal with these risks demonstrates a smart business owner from a rash one. Enjoy the challenges as these are stepping stones for your company.Once you overcome these challenges, you are rewarded with a pot of gold at the end of the rainbow. You get all the profits of the company and you get to take the company forward the way you feel right.Mark Dinges of California Creations states âThe thing I enjoy most about the company is playing the game of business,.And rightly so â" every business is a competitive game and the thrill of being at the top is an adrenaline rush like no other.Feel Proud of Building Something of your OwnInvestment Coach, Peter Leeds states, âThere is nothing like being successful through your own leadership, abilities, ideas, and efforts,â. One of the greatest excitement in the life of a business owner is to experience the growth of his company from a small business to a large industry.The benefit of building your own brand from scratch is far greater than working as an employee of an existing brand.In the long run, you get to hand over the reins of your company to much more established young men to lead the company through the test of time.Take Apple for example, when Steve Jobs co-founded it, he ran a successful company which he then passed over to Tim Cook in 2011, who continues to lead the company in the exact same path set by Jobs.35 IDEAS TO CONSIDER STARTING A BUSINESS1. Computer RepairSetting up a computer repair business is a lucrative way to generate profits as computers are all over the globe and more are added daily.As a computer service representative, you will never run out of orders to service components or software from a given organization .Computer repair services include servicing â" monitor, mouse-types, laptops, keyboards, modems, electronic peripherals like scanners and printers, etc.This type of business grows into a large organization in no time when the clients come rolling in.Things to KnowExperience in computer hardware and software is necessaryLicensing is necessaryEmployees require a training program2. Virtual AssistantMany online businesses are in dire need of assistants that can help them in running several tasks such as social media management, advertising, brand awareness, etc.Becoming a virtual assistant is a great business idea as the pay is anywhere from $10 per hour to $25 per hour depending on your expertise.A virtual assistant is a home-based business and doesnât require you to report to an organization. Every task is conducted and completed from the comfort of your home. Virtual assistants are usually hired on a contract basis or as an employee.Things to KnowCraigslist, Upwork, and PeoplePerH our are great freelancing sites to apply as a virtual assistantDecide on the type of work you will be doing as a virtual assistant. For E.g. â" Bookkeeping, graphic design, web development, clerical work, etc.3. Social Media ConsultantIf you fancy spending time on social media sites, why not make it a source of income?A social media consultant is a perfect career path for those looking to help companies with directing customers to their business and boosting overall sales.As a social media consultant, itâs necessary to understand the industry you are working with and how to enhance their brand awareness.Things to KnowNo formal training required, certification courses are available to pursueKnowledge of social media tools helps make your job easy 4. Product ReviewerA reviewerâs job is to inform customers about the type of products they are purchasing with detailed product analysis and breakdowns listing advantages and disadvantages.You can approach companies directly and offer y our services to review their product in exchange for monetary compensation.A reviewer can build his portfolio and trustworthiness overtime and a lucrative business can be started by providing their valuable expertise.Things to KnowA reviewer should have their own website and write blogs regularly to keep his readers informed of new and upcoming productsAlways try and test the product before writing a review. Your readers will not follow someone who offers biased reviews5. Meal Prep BusinessFood is a great industry to get into if you love cooking and have a passion for it.Many clients prefer to indulge in healthy diets and donât have the time to cook their own food due to their hectic schedule.Thatâs where you come in, you can prepare the food depending on their tastes and provide them with their daily nutrition in the form of meal prepping.Meal prep is a lucrative business even with few clients, all it requires is a kitchen and fresh food to ensure your clients are satisfied.Thi ngs to KnowKeep a list of ingredients that your clients donât prefer or are allergic to. Knowledge is power in the food businessYou can ensure you make a doorstep visit and explain the nutritional benefits of meal prep and why they can remain healthy by following a dietExplain the money-saving advantages to your clients to make them shift to a healthy plan6. Application DeveloperEvery time a new business or product is launched, an app is also launched alongside it to ensure mobile and web users are provided with convenient access.An app developer is always in demand and all you do is create an app for the company based on their requirement.If you can provide them with the right marketing strategy to achieve their profits, youâll surely be rolling in profits without having to work a 9 â" 5 jobs.Things to KnowApp Development requires knowledge in at least one programming language â" Java, Android Development, iOSDevelopment, C++Codecademy is a great place to learn programming la nguages for free 7. Bookkeeping ServicesIf you are great with numbers and are looking for a job in bookkeeping, then becoming a freelance bookkeeper is an exceptional way to guarantee income and work on your own time.As a freelance bookkeeper, you are required to manage balance sheets, create monthly statements, various financial reports, profit and loss statements, etc.Things to KnowInvoicing tools are a bookkeeperâs best friend. Use them!Start a website such as Bench to automate bookkeeping for your clients8. Online Dating ConsultantMatchmaking is a wonderful way to create a business as there are thousands of potential single individuals looking to meet their Mr. or Mrs. Right.You can help them find their true love by becoming their dating consultant and offering them advice on how to proceed. The job requires a lot of responsibility as you will guide someoneâs entire life in the right direction.Things to KnowA website based on online dating with your consultancy services is m andatory to reach clientsManaging their dating profiles is your responsibility as well to get them the right match9. Web Security ConsultantEvery business faces a devious threat on the web from malicious hackers and viruses.Itâs your job as an internet security consultant to provide companies with the best security possible in securing their valuable files and sensitive customer information.Companies pay big money to the right agent that can protect their data.Things to KnowTo become a cybersecurity expert, technical skill in the following areas are necessary â" firewall management, software penetration, knowledge in programming languages, hacking and coding practices, encryption techniques, and familiarity in operating systems.Communication must be instant to inform your clients of incoming threats and guiding them to the best possible solution10. Graphic DesignerOrganizations are on the constant lookout for logos, emblems, fliers, magazines, advertisement copy, and other creati ve designs.This is where you fill that requirement by providing them with the perfect graphic designs to enhance their product and ensure their customers are attracted to their product.As a graphic designer, your responsibility will be in creating unique logos for websites depending on their requirement.Things to KnowAdobe Photoshop and Illustrator are applications that every graphic designer should be proficient inPlenty of freelance sites offer graphic designers with a way to earn their income efficiently11. Editorial AgencySetting up a business that deals with web content writing, ghostwriting, proofreading, editing, indexing, article writing, etc. requires little to no investment.You can start by doing these services yourself and begin to add employees to assist you as you increase the number of clients.Editorial services are very much in demand due to the number of startups and companies launching every year.The demand for content has risen and you can make yourself a nice prof it on the side while ensuring you manage your client base.Things to KnowHereâs an in-depth tutorial to set up your editorial business from scratchManage a few clients during the launch phase to get the hang of the business12. Affiliate MarketingAffiliate marketing pays good money to marketers who can advertise products on their blogs and provide detailed information on the type of services provided.The best part about affiliate marketing is the freedom of choosing your own products and marketing them through various sources â" media, blogs, e-mail marketing, etc.Things to KnowYouTube, Pinterest, and Facebook are great mediums to gain an audience for your productAmazon Associate Program is a great source for affiliate marketers to make a steady income13. TranslatorDo you have a knack for learning more than one languages? Why not convert this extensive knowledge into a full-fledged business scheme?A translator is one of the most convenient and in-demand business around the globe.Yo u can become a translator exclusively for tourists looking to hire you on a per-day basis, you could opt to translate for companies looking to launch their product in another country or you could simply translate for films and production houses.Things to KnowItâs important to be extremely proficient in the language before you begin to start your translating businessIncrease the number of languages over time to earn more profits as a translator14. Financial AdvisorEven big organizations need help when it comes to managing finances.Hence, a financial advisorâs job is to provide the necessary advice on how an industry can better invest their earnings and how to organize their profits in the best situation possible.To start off as a financial advisor, you can begin by providing free advice to your family and friends, as compensation ask them to simply pass on the word if they are satisfied.Itâs important to build your client base before you begin to count your profits.Things to Kn owEnsure you apply for the Certified Financial Planner certificate, the CFP course is extremely critical to proving your expertiseBegin with individual clients and move on to organizations once you are confident of handling big money15. Resume WriterCountless individuals are looking for well-written concise resumes to impress their hiring managers.The skills required to write a resume are basic â" you need to be great at punctuation and know how to write well.A resume writer will always have work as long as employment is present in the world.All the equipment you need to get started is a laptop and a knack for writing.Things to KnowResume writers usually charge by the hour or a daily pay rateHere are some great tips to follow for starting your resume writing career16. Tax ConsultantHow many times have you heard of companies getting in trouble for not filing their taxes on time?A tax consultantâs job is to ensure the company doesnât have to worry about their tax filings anymore. Itâs also the tax consultantâs responsibility to ensure all information relating to tax is brought to the notice of the company.If you can handle the job of managing the day-to-day tax operations of companies, you have a great career path ahead of you.Things to KnowA certification course in Certified Public Account(CPA) is mandatory to conduct tax filings.You can either freelance or start an agency as a tax consultant17. BloggerWhoâd have thought that writing articles can be a lucrative business? Today there are several bloggers that earn more than $100,000 per month. It takes hard work to hit a 6-figure income but you can begin by earning a 4-figure income today. All you need is a website and your commitment to getting started. You can choose an industry that you are passionate about and write articles based on them, then choose convenient ways to get paid such as Google AdSense, product promotion, etc.Things to KnowEnsure your articles and website are SEO-friendly to generat e organize trafficYou need to provide useful articles that help your readers understand everything there is to know about the product or service you are writing about18. Packers MoversIn the modern day, people are always looking to move from one place to another.Whether itâs career decisions or personal reasons, moving can be a hassle and individuals usually seek a companyâs services to help them relocate.Starting a âpackers and moversâ business is quite simple, you need the materials required to pack â" duct tape, cardboard boxes, a few handymen and a transportable vehicle.Things to KnowLaunch your business in the local neighborhood before you approach the larger areas.Customers rejoice when their items are delivered to them in mint condition. Itâs necessary to train your handymen to be extra-careful when dealing with glassware and delicate objects19. Professional PhotographyPhotos are used in everyoneâs lives, be it wedding photography, website content, blogs, magazi nes, etc.Photography is a lucrative business and is an exciting way to travel the world and click photos of nature and man-made structures.You could also stay put and become a wedding photographer and ensure you capture the most intimate moments of couples in your hometown.Things to KnowYou can pursue a photography course to ensure you click gorgeous and breathtaking picturesInvest in a professional DSLR to get the right dimension and exceptional image quality 20. Courier ServicesCourier services require absolutely no investment other than your regular vehicle used for transport. The responsibility lies in ensuring the packaged items are delivered to their destination on time.Many businesses prefer to pay for courier services instead of choosing expensive ways of sending important parcels to their destination.As a courier, your job is to ensure the parcel reaches the destination within the allotted time slot.Things to KnowOffer your courier services in flexible time slots to build d emand for your businessConsider an alternate means of transport in case your vehicle breaks down21. MentoringEveryone requires inspiration to achieve success. As a lifecoach or mentor, your job is to provide the necessary guidance for individuals looking for that extra shoulder to lean on.Mentorship requires you to be able to push individuals to the extreme to achieve their goals and advise them on a calculated plan.Whether itâs youngsters looking to excel in sports or failed businessmen who have no motivation in moving past failure, your goal is to rejuvenate their minds.Things to KnowTarget your mentorship to a niche audience such as â" youngsters, businessmen, housewives, etc.Accredited institutions such as International Coaching Federation and International Association of Coaching provide various coaching programs to establish yourself as a life coach22. Currency TradingA currency trading business is not only profitable but requires very little technical knowledge to get star ted.Thanks to the internet, currency traders no longer need to visit trade exchanges or call their stockbrokers to place a trade.As a currency trader, you can trade in the comfort of your home and understand the fundamental basics of trading in a few weeks through online tutorials.Things to KnowCurrency trading may be illegal in a few countries, so itâs best to check with your local government officesCurrency trading should always be started in small amounts to learn the ropes of trading before you go in big. The market is highly risky and there are no guaranteed methods to make profits23. Travel AgencyEvery year, individuals are always looking to book their holiday vacations via travel agencies to visit their favored destinations.When setting up a travel agency, itâs necessary to have an online platform to allow customers to conveniently place their bookings.Offer discounts in the initial launch phase to attract travelers to choose your platform over other competitors.Things to KnowTo boost sales, you can offer free airport pickup and drops to your clientsCar rentals and tours can be arranged by your agency to further rake in the profits24. Flipping WebsitesBuying websites for cheap and then selling them at a profit is a great business idea for those who can identify value. It requires the presence of mind to understand the website market â" which niche tends to do the best and which doesnât.As a website flipper, you need to understand the revenue a current website generates, the traffic that the website attracts, and above all the authenticity of the website. You donât want to be making a bad purchase which may lead to copyright claims.Things to KnowFlippa is a popular website marketplace where many sellers and buyers gather to conduct tradesYou could also buy a cheap website that has aged well, add web content and tools and increase the value of the website before putting it up on auction25. Patient Advocacy ServicesAn extremely community-driven bu siness where you will provide aid to several ill and grieving patients that need your help the most.Much of your responsibilities lie in establishing insurances for patients, argue cases on behalf of the patient to claim insurance, and helping patients with document work in hospitals.Patient advocacy services are in demand all through the globe and you can feel noble at the end of the day by helping those who are in dire need of your services.Things to KnowCertificate programs such as PPAC (Professional Patient Advocate Certificate) can be pursued to add expertiseItâs necessary to fully understand the patient before you can provide them with necessary insurance plans26. Drop shippingOne of the most popular business ideas in this list is drop shipping.As a drop shipper, you create a website showcasing products from a third-party website, when a customer makes a purchase from your site, you automatically purchase the product from the third-party vendor and earn a commission for your sales.The logistics and warranty are provided by the third-party vendor, your job is only to get customers to make a purchase.Things to KnowDoba is a popular drop shipping website to set up your first online storeDrop shipping requires no capital to start other than a fully functional website27. VideographyVideo production is a lucrative business with plenty of media platforms such as YouTube and Daily Motion offering youngsters with a chance to become famous.Your responsibility will be to edit and create high-quality videos for your clients.You may be needed to hire voiceover artists and create music videos.This high profile business may require some investment to acquire the video production equipment, but in the long run, itâs a small price to pay.Things to KnowPlenty of video production courses are available on Udemy for both beginners and advanced users to get startedVideo production can be a one-person business but adding employees can ease your workload28. E-commerce Websi teYouâve got the goods to sell but donât have the investment to pay the rent and employee wages to run an actual store?No problem, simply open an online e-commerce store to sell your products.All you need is a domain name and web hosting to set up your online store. An online store attracts customers from all over the globe that your retail store canât do.In this way, you can rake in more profits by establishing your very own e-commerce website.Things to KnowOnline tutorials are available for a step-by-step guide to establishing your online storeOnce youâve made your first few sales, invest in social media marketing to gain a targeted audience to increase profits29. Massage TherapistA relaxing business idea that deals with utilizing scented oils and therapeutic massages to relieve your clients from their stressful minds is the job of a masseuse.Some investment is required to invest in a massage bed, massage products, and various essential oils.Once set up, you can enjoy a lo yal clientele that will return to your premises every month to enjoy a relaxing massage session.Things to KnowA license is mandatory to set up a massage clinic, various states require various licensesCertification is necessary as you will be involved with triggering the sensitive spots of the human body to relieve pent-up tension30. Personal TrainerThe benefits of being a personal trainer are that you get to enjoy a fit and energetic lifestyle alongside of watching your clients shed their fat over time.A personal trainer doesnât necessarily mean you have to work a job at a local gym, you can be a freelancer if you wish and visit your clientshomes via apps and by setting up a professional website showcasing your achievements.Things to KnowHere are the top 5 personal training programs available. Certification is mandatory to pursue fitness trainingA personal trainer must look fit, hence, you are required to always remain physically fit by utilizing supplements31. Dog Training and Gr ooming ServicesWhile dog walking is a popular way to set up a business, there isnât much profits toearn from just walking dogs.Hence, establish services to provide dog owners with ways to groom their lovable pets and offer to train their lovely canines to do tricks they couldnât perform before.Not only is dog training and grooming services a lucrative business, you get to sell dog products alongside for further profits.Things to KnowDog groomers require a certification course before they can establish their businessPets require patience and love, hence, only venture into this business if you share a love for animals 32. Bed and BreakfastPlenty of travelers require a place to spend the night on their journey, if you have a spare room available in your home, itâs a great opportunity to turn it into a lodging space.You can earn money by providing traveling guests with a room and providing them with free breakfast.Additionally, you can grow the business by partnering up with local tour guides, providing maps for sale, and other souvenirs at the front desk.Things to KnowThere is no license required to start a bread and breakfast, although you may require one depending on your state to open a lodging businessHygiene should be maintained by cleaning and tidying up the room after a guest has checked out, this is to ensure your guests are happy with your accommodationAdvertise your lodging services on Airbnb to increase awareness33. Interior DesignerDo you love decorating peopleâs homes or offices with your unique vision?Every homemaker or businessman will have their own requirements and may seek your advice to come up with a great décor for their home or office.Much of the research has to be conducted at your home and you can present the final work on paper to your clients.Things to KnowAn interior designer requires a certification course completed before he or she can conduct their servicesEnsure you ask a lot of questions to get the best knowledge of the ty pe of décor your clients want34. Tour GuideCities and towns are usually the best places for tourists to explore but they canât understand the history all by themselves and are usually looking for a tour guide to hire.As a tour guide, you can conduct walking trips, bicycle trips, entertainment packages, taxi services, and fun games to interact with your customers.A tour guide can be a wonderful way to meet new people from other countries and understand their way of life.Things to KnowWhile some countries donât require a license, others require a license from the ministry of tourism to ensure you are fully qualified to be assisting foreign visitorsKnowledge of the local cuisine and restaurants helps in treating your foreign visitors with delicious local food35. Daycare ServicesWhy not transform your home during the day into a bustling and energetic place for kids to come and learn new things?A daycare service is for those people who love to hang out with kids and monitor their pl ayful experiences.Starting a daycare requires a license and proper training in handling little kids. Insurance is required as well to ensure your home is taken care of in the event of a mishap caused by children.Things to KnowInvestment is required to set up a nursery and other toys required for kids to play withThere should be a food schedule to adhere to as little kids tend to get hungry and hence, they tend to eat moreCONCLUSIONEvery business has its own share of risks and rewards, as a business owner, itâs necessary to navigate through the tidal waves to enjoy the sunrise by the calm sea.Donât give up every time a failure presents itself, the tough and trying times are what brings the best out of you.We hope one of these ideas have suited to your entrepreneurship dream and leave you with this motivating quote by Nelson Mandela â"âIt Always Seems Impossible Until Itâs Doneâ
Saturday, May 23, 2020
Risk Assessment and Business Management Essay - 911 Words
Risk Assessment and Management Problem The term risk assessment refers to an objective evaluation of risks to which end the assumptions and uncertainties are clearly put into consideration as well as presented. On the other hand in regards to risk management it has in most cases courted difficulties in the measurement of both the quantities in which risk assessment is concerned (Muzzi, Armando, and Augusto Panà , 2000, pp. 99-103). This is because the potentiality of an anticipated loss and the probability of it occurring have proved pretty difficult to quantify. This leaves a huge margin of error in the quantification of these two concepts. Over the years, the concept of risk management has proven to be an integral part of a businessâ⬠¦show more contentâ⬠¦The committee would have representation from all sectors of the hotel industry and would comprise of the hotel owners, their senior management as well as representation from the employees. This would ensure there is support of the analysis project from the entire organization from its onset. Upon the establishment of such a committee, I would then embark on an identification of the hazards mission. This is the risk assessment or risk evaluation process. It would try to raise the risk that needs to strategize on this time with reference to the Riskaway project. Upon the attainment of this, I would then embark on a determination of those at risk and the risks in question, I would then steer the organization towards a business impact analysis. This crystalizes the core business areas of hotels that would require the usage and or protection offered by Riskaway. Bearing the fact that disaster is bound to take place and upon occurrence it might not be able to recover everything, the firm should envisage to rescue it core business from the disaster. This would then set pace for the fourth stage of recording and implementation of the precautionary measures. These measures should ensure that the envisaged core business segments that were realized to be the core areas requiring the services of Riskaway within the business impact assessment are preservedShow MoreRelatedAssessment 21997/01 Common Business Unit Establish Legal and Risk Management Requirements for Small Business (Bsbsmb401A) Customer Service Questions961 Words à |à 4 PagesAssessment 21997/01 Common Business Unit Establish legal and risk management requirements for small business (BSBSMB401A) Customer service questions 1. Whatââ¬â¢s the difference between internal and external customers? In larger organisations where there is a number of staff to effectively deliver a service or product such as a hospital, you would find internal and external customers. For instance the IT department in a hospital would have many internal customers, as they help and support allRead MoreThe Emergence Of Risk Based Approaches1686 Words à |à 7 PagesCh. 3.1 Emergence of Risk-Based Approaches Risk assessment is increasingly conducted by many groups within an organization to fulfil a variety of business and regulatory requirements. Various groups within the same organization often rely on guidance from different professional organizations to provide a framework for conducting the risk assessment. As financial organizations offer disparate approaches to risk assessment, they contribute to risk information. In this context, information systemsRead MoreRisk Assessment : An Essential Part Of A Risk Management Process1046 Words à |à 5 PagesIntroduction The risk assessment is an essential part of a risk management process designed to provide appropriate levels of security for information systems. The assessment approach analyzes the relationships among assets, threats, vulnerabilities and other elements. Security risk assessment should be a continuous activity. Thus, a comprehensive enterprise security risk assessment should be conducted at least once every two years to explore the risks associated with the organizationââ¬â¢s informationRead MoreThe Business Impact Analysis ( Bia ) And Risk Assessment1246 Words à |à 5 PagesThe business impact analysis (BIA) and risk assessment are foundational elements of every effective business continuity program; however, in our experience, many business continuity planning participants experience a lot of confusion regarding the definitions, relationship, and expected outcomes between the two processes. This confusion often results in outcomes that fail to drive preparedness. Avalution acknowledges that there are many different ways to design and execute BIA and risk assessmentRead MoreFraud Risk Assessment1083 Words à |à 5 Pages| Fraud Risk Assessment | | Fraud Risk Assessment | Fraud risk assessment is a process intended at proactively identifying and addressing an organizationââ¬â¢s vulnerabilities to internal and external fraud. The fraud risk assessment is more of an art than a science. Every organization is different therefore what gets evaluated and what is assessed depends on the organization. Fraud risk assessments are an ongoing, continuous process rather than just an activity. A fraud risk assessmentRead MoreApplication Of A Risk Assessment1068 Words à |à 5 Pagesof a risk assessment Developing a secure ICS architecture based on the principles introduced in Module 4 ââ¬â ICS Cyber Security Architecture will not in itself be sufficient to ensure ongoing protection. As time goes by, new vulnerabilities will be discovered in various ICS components, and new risks may be introduced through changes to work practices, to the infrastructure itself, or to the environment in which the ICS operates. For this reason, it is critical to have in place a corporate risk managementRead MoreImportance Of Alignment Of It Risk Management Strategy1493 Words à |à 6 Pagesof IT risk management strategy to organizational goal when business and IT operate in alignment, clearly visible links identify which IT assets and operations support business operations and the value they create. This visibility transforms IT from a cost center to a driver of business value. Alignment clarifies how IT resources may be deployed to market quicker, deliver more effective service to customers, and generate new returns streams for the business. Aligning an organizationââ¬â¢s IT risk strategyRead MoreBusiness Risks And Business Risk1408 Words à |à 6 PagesBusiness Risk is an uncertainty that is affiliated with a particular circumstance that could affect business operation or cause financial insecurities for the company. Business risk assessment is the process of determining whether a particular uncertain circumstance has the potential to threaten your business operations (Schwartz and Chandler, 2012). In the competitive market, it is important that businesses assess the risk regularly and respond with a sound reaction to be successful. Small businessesRead MoreRisk Assessment Methodologies And Risk Management Strategies888 Words à |à 4 PagesRisk Assessment Methodologies Risk assessment is a key component to Risk Management strategies. If this assessment is ignored or not done correctly, vulnerabilities can be overlooked or not addressed at all leaving systems exposed. By picking an appropriate Risk Assessment Methodology, a business is able to define how the organization defines and reacts to risk making the process functional and repeatable. This report will briefly explain the process of assessing and managing risk, look at variousRead MoreRisk Assessment For A Financial Institution Essay1618 Words à |à 7 Pagesfinancial institute. A risk assessment for a financial institution measures and helps manage compliance, financial and operational risks associated with both internal and external, activities and events. In todayââ¬â¢s operating environment, numerous regulations and standards make risk assessment not only logical but vital for financial institutions. These are examples of regulation and laws that governs financial institutions, Regula tory compliance, Enterprise risk management, Internal audit, Bank Secrecy
Tuesday, May 12, 2020
Definition of Dialectology
The scientific study of dialects, or the regional differences in a language. Although to some extent an autonomous discipline, dialectology is regarded by some linguists as a subfield of sociolinguistics. What is Dialectology? Sociolinguists and dialectologists share some goals and methods. We both tend to be interested in the language of a particular place (a speech community), language in use, authentic speech, and defining a language variety in terms of how it might differ from the standard. A major difference is that in the past dialectologists or dialect geographers have been interested in the most divergent, traditional language of a community, assuming that other forms resulted from later movement toward the standard. Sociolinguists, on the other hand, are interested in the full range of forms in a community (and their social evaluation) ...The goals of dialect geography and dialectology have been to show where particular speech features are found, and to discover the boundaries between dialect regions. But dialect geography has also tried to find the most traditional speech in each region, on the assumption that regional dialects are most distinct when they havent been influenced by their neighbors , or by mainstream language.(Gerard Van Herk, What Is Sociolinguistics? Wiley-Blackwell, 2012) Dialect Geography Dialect geography [is] a methodology or (more accurately) a set of methods for gathering evidence of dialect differences systematically ...More than a century has elapsed since the first major project in dialect geography was undertaken, and in that time there have been hundreds of projects, great and small, that have made use of the methodology ...The resurgence [of dialect geography] began in the 1980s. We have already noted some of the benchmarks: the revival of the Middle and South Atlantic States project under Kretzschmar, the resumption of analysis of the survey of English dialects by Upton and his associates, and, of course, Pedersons Gulf States publications. In addition to these, significant regional projects are taking place in Spain directed by Manuel Alvar, in France sponsored by the Centre national de la Recherche Scientifique, and in many other places, including Mexico, Canary Islands, Vanuatu, and RÃ ©union. Dialect atlases are appearing in relative profusion, some of them belated culminations of old field work and others the end-products of more recent research.One reason for the resurgence is technological. Dialectology, the most data-oriented branch of language studies, finally found itself with tools commensurate to its task.(J. K. Chambers and Peter Trudgill, Dialectology, 2nd ed. Cambridge University Press, 1998) Social Dialectology Social dialectology differs from traditional dialectology in its shift of focus from rural, settled communities to communities characterized by immigration and mobility... A sign that social dialectology is maturing as a discipline is that scholars are now able to compare the results of a range of studies in order to locate and explain parallel developments.(David Britain and Jenny Cheshire, Introduction. Social Dialectology: In Honour of Peter Trudgill. John Benjamins, 2003) Forms of Dialectology In social dialectology, boundaries between varieties are identified on the basis of trained linguists observations of actual phonetic and grammatical features that constitute salient differences between varieties. In regional dialectology, boundaries are identified on the basis of what trained fieldworkers are able to elicit from speakers or speakers reports of what they usually say. In perceptual dialectology, the beliefs and thoughts that non-linguists have about language are used to distinguish varieties. Peoples perceptions about language, whether descriptively accurate or not, are just as important to the researcher as the objective facts about how speakers talk.(Miriam Meyerhoff, Introducing Sociolinguistics, 2nd ed. Routledge, 2011)
Wednesday, May 6, 2020
Building Trust through E-Commerce Free Essays
Suppose I am selling merchandises online ââ¬â for instance, gift items for everyone ââ¬â I know exactly how to convince my prospective buyers to trust my web site. Through the concept of ââ¬Å"Free Information for All,â⬠I would educate my web visitors, in the simplest way possible (without giving essential information to competitors), about the process of storing their credit card information and securing it from hackers and viruses. The rationale behind ââ¬Å"Free Information for All,â⬠is aiming at the minds of the potential customers, to make them think, feel and believe that they know all they need to know about where their credit card information is going. We will write a custom essay sample on Building Trust through E-Commerce or any similar topic only for you Order Now Images, such as secured vaults and huge powerful computers, will be used to instill in the minds of the viewers that my web site could not be any safer. In fact it is 100% safe and error-free. As for the action steps that I would take, I will begin by advertising banners and links that features a reverse psychology-inspired message, ââ¬Å"Do not trust every online shop you see. Click to find the tricks of scammers. â⬠Then, when theyââ¬â¢re in my web site already, they will read another message, ââ¬Å"Trust only those who can tell you everything you need to know about your shop and your account. Experience worry-free online shopping. â⬠The second step is for me to make good on my word. Eventually, I will post ââ¬Å"Testimonialsâ⬠from the marketing department and from real people with pages in My Space. This will create a crisp, friendly feel in the website, and it will convince more people that my business and services are no hoax. The final step is just to ensure that my customers will enjoy a 24/7 customer support online and via toll-free number. Customers love to be pampered. I will pamper my customers, make them trust me, and make them go back to my store, with their friends in tow. Survey source: Safety in Numbers. June 25, 2002. The Resource for Security Executives. November 10, 2006. http://www. csoonline. com/metrics/viewmetric. cfm? id=393. How to cite Building Trust through E-Commerce, Papers
Saturday, May 2, 2020
Driverless Cars free essay sample
A driverless car, also known as a self-driving car is an autonomous car which can perform the actions of the human being, as if a man were driving a traditional car. We can say that the car is independent of the human as the car only needs to be programmed with the destination. The mechanical part of the vehicle is held by the car its own. Moreover, to function, the car has some specific technology, for example laser, radar, GPS and computer vision. An example of an approved case of self-driving cars can be Googleââ¬â¢s.In 2011 the state of Nevada was the first jurisdiction in the United States to pass a law concerning the operation of driverless cars. This law was turned into effect by March 2012 and the Nevada Department of Motor Vehicles gave the first license for a self-driven car in May 2012. This license was given to Googleââ¬â¢s car which was in this case a Toyota Prius. We will write a custom essay sample on Driverless Cars or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Google got involved with this issue as it is trying to develop technology for driverless vehicles. In addition, the project is currently being led by Google engineer Sebastian Thrun, director of the StanfordArtificial Intelligence Laboratory and the co-inventor of Google Street View. To develop this system, Google also had to hire 15 engineers. This topic about self-driving cars involves also other issues such as hardware and software, social and ethical issues and the social impact. As regards hardware and software involved, it integrates Google Maps with various hardware sensors and artificial intelligence software so as to take its passengers where they want safely and comfortably. Google Maps provides the car with road information; the hardware sensors provide the vehicle with real time environment conditions and the artificial intelligence software provides the car with real time decisions. Google Maps interacts with the GPS and acts as a database. In addition, it is in charge of looking for speed limits, upcoming intersections, traffic reports, nearby collisions and directions. Concerning hardware, we have to take in account that it uses an array of sensors to navigate public roads without a human driver, and many other components. Googleââ¬â¢s Toyota Prius possesses a lidar, which is a rotating sensor on the roof that scans more than 200 feet in all directions to generate a precise three-dimensional map of the carââ¬â¢s surroundings.
Monday, March 23, 2020
Ocean Noise Pollution Essay Example
Ocean Noise Pollution Paper For millions of years, the oceans have been filled with sounds from natural sources such as the squeaks, moans and clicks of whales and dolphins, the snapping of shrimp, the sound caused by wind upon the surface and even the occasional rumble from earthquakes. Over millions of years, the oceans marine species have developed into what they are today, with their own specialized acute hearing abilities, communication skills and echo location abilities at natural sound levels. Hearing is generally as important to many marine creatures as sight is for humans. The oceans once referred to as the The Silent World by Jacques Southeast, has now become an increasingly noisy place since the industrial age. According to Wisped, Noise Pollution is excessive, displeasing human, animal or machine-created environmental noise that disrupts the activity or balance of human or animal life. Noise pollution could also be defined as a type of energy pollution in which distracting, irritating, or damaging sounds are freely audible. As with other forms of energy pollution (such as heat and light pollution), noise pollution contaminants are not physical particles, but rather waves that interfere with durably-occurring waves of a similar type in the same environment. Thus, the definition of noise pollution is open to debate, and there is no clear border as to which sounds may constitute noise pollution. In the narrowest sense, sounds are considered noise pollution if they adversely affect wildlife, human activity, or are capable of damaging physical structures on a regular, repeating basis. We will write a custom essay sample on Ocean Noise Pollution specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Ocean Noise Pollution specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Ocean Noise Pollution specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Hearing is the universal alerting sense in all vertebrates. Sound is extremely important because animals are able to hear events all around them, no matter where their attention is focused. Sound travels far greater distances than light under water. Light travels only a few hundred meters in the ocean before it is absorbed or scattered. Even where light is available, it is more difficult to see as far under water as in air, limiting vision in the marine environment It is similar to looking through fog on land. So, the best opportunity for long-range vision underwater especially in murky water is to swim beneath objects and see their silhouettes. In consequence, most marine animals rely on sound for survival and depend on unique adaptations hat enable them to communicate, protect themselves, locate food, and navigate underwater. Animals change the rate of sound production and the structure of the sounds to send different messages. Underwater sound allows marine animals to gather information and communicate at great distances and from all directions. The speed of sound determines the delay between when a sound is made and when it is heard. The speed of underwater sound is five times faster than sounds traveling in air. Sound travels much further underwater than in air. Thus marine animals can perceive sound coming from such further distances than terrestrial animals. Because the sound travels faster, they also receive the sounds after much shorter delays (for the same distance). It is no surprise that marine mammals have evolved many different uses for sounds. Marine mammals, such as whales, use sound to identify objects such as food, obstacles, and other whales. By emitting clicks, or short pulses of sound, marine mammals can listen for echoes and detect prey items, or navigate around objects. This animal sense functions just like the sonar systems on navy ships. It is clear that producing and hearing sound is ITIL to marine mammal survival. Whales and dolphins are celebrated for their sounds, but many species of fish and marine invertebrates also use sound. Fish produce various sounds, including grunt, croaks, clicks, and snaps, which are used to attract mates as well as ward off predators. For the taffies, sound production is very important in courtship rituals. Sound is produced by the male taffies to attract the female for mating and is especially important in the murky waters that taffies inhabit where sight is limited. Ashes also produce sound when feeding. When a fish eats hard food, such as coral, it will produce a sound. Fishes sometimes gnash their teeth without the presence of food, which may be a way to scare away predators. As you can see, sound is very important to its underwater inhabitants. It allows them to navigate, to hear approaching predators and prey, and is a way of communicating with other members of the same species. There are a lot of sources of noise in the marine environment. Naturally occurring noises include underwater volcanic eruptions and storms. Background noise in the ocean is produced by reeking waves, wind and rain, and by the huge number of small crustaceans and other animals. A typical background noise level is about 100 decibels (db), which is about the same in energy terms as 40 db in air. Wind and waves in storms, and choruses from fish and invertebrate can increase this level to about 1 20 db. Measurements show that the Pacific Ocean is still relatively quiet and that most of its background noise is produced by wind and by marine creatures. This is in contrast to the Atlantic Ocean, where most of the background noise is from the churning propellers of ocean-going ships. There are also several man-made (anthropogenic) sources of ocean noise, some of which are the unintended by products of human activity (e. G. Sell propulsion), while others are produced for a specific purpose (e. G. Military sonar). Whales, dolphins and porpoises today face a wealth of man-made threats including hunting, ship strikes, entanglement in fishing gear and issues arising from climate change. However, one man-made threat that is not as commonly acknowledged as others is ocean noise pollution. This is partly due to the fact that it is not a visible threat, so can be easily overlooked. The noi se becomes problematic and highly hazardous when it is man-made. In the past several years many studies have shown that man-made ocean noise emanating from such sources as are military sonar equipment, ship traffic, and underwater drilling, commercial shipping seismic surveys for Oil and gas exploration, mineral and aggregate extraction, construction (e. G. Drilling, dredging and explosions), acoustic deterrent and harassment devices(e. G. Pincers on fishing nets used to deter predators) and recreational activities(e. G. Boating). Noise pollution in the oceans has been shown to cause hysterical and behavioral changes in marine life, especially in dolphins and whales, which rely on sound for daily activities. However, low frequency sound produced by large scale, offshore activities is also suspected to have the capacity to cause harm to other marine life as well. It can also cause hemorrhage or other trauma to the marine mammals auditory system, sometimes leading to permanent hearing loss, and, indirectly, death. It also causes displacement from their natural habitat, disruption of feeding, breeding, nursing, and other behaviors vital to the species survival. Some of he sounds produced by these man-made sources can travel for hundreds of kilometers in marine environment, potentially affecting many marine animals over a huge are. The growing amount of human noise pollution in the ocean could lead fish away from good habitat and off to their death, according to new research from a KICK-led team working on the Great Barrier Reef. Noise pollution might also severely affect the distribution offish, and their ability to reproduce, communicate and avoid predators. For example, some studies have reported that Atlantic herring, cod and blue-fin tuna flee sounds and school less coherently in noisy environments. That could mean that fish distributions are being affected, as fish avoid places polluted by man-made noise. Not only can squids and octopuses sense sound, but as it turns out, these and other so-called asphodels might be harmed by growing noise pollution in our oceans?from sources such as offshore drilling, ship motors, sonar use and pile driving. Giant squid, for example, were found along the shores of Austria, Spain in 2001 and 2003 following the use of air guns by offshore vessels and examinations eliminated all known causes of lesions in Hess species, suggesting that the squid deaths could be related to excessive sound exposure. The effects of noise pollution on whales depend, among other things, on the distance the whales are from the source of the noise. If the sound is very powerful and close to the animals it could well bring about permanent ear damage, internal injuries, and even death. Even sounds less powerful can induce temporary deafness, as was shown by studies carried out on seals, dolphins and belugas in captivity. Knowing just how dependent whales are on sounds, there is much cause for concern. During March of 000, at least 17 whales stranded themselves in the Bahamas and the population of beaked whales in this region disappeared. A federal investigation identified testing of a U. S. Ana active sonar system as the cause. There are many things we can do to decrease ocean noise, Ocean Link, an organization dedicated to ocean education, says on its website. The first would be to simply recognize that there is a noise problem in the oceans, which some governments have begun to do. With formal recognition, it may be possible for national and international agencies to work together to help reduce this problem. For any new policies regarding ocean noise, scientists should follow the precautionary principal to ensure that no further harm will come to marine mammals. From this perspective, governments should adopt legislation with the habitats of marine mammals in mind, ensuring that important areas would receive the least impact possible. While these may come too late for hundreds of sea animals that have already been damaged by underwater noise, with the right and concerted action, the seas may resonate with the sounds of whale songs, not the human-produced lethal noises of engines and machinery.
Friday, March 6, 2020
Mistery of the Easter Island essays
Mistery of the Easter Island essays Easter Island is over 2,000 miles from the nearest population center, making it one of the most isolated places on Earth. A triangle of volcanic rock in the South Pacific- it is best known for the giant stone monoliths, known as Moai, that dot the coastline. The early settlers called the island "Te Pito O Te Henua" (Navel of The World). Admiral Roggeveen, who came upon the island on Easter Day in 1722, named it Easter Island. Today, the land, people and language are all referred to locally as Rapa Nui. Unfortunately, there is no written record to help the story of this remote island, its people, and the significance of the nearly nine hundred giant moai that punctuate Easter Islands barren landscape. The moai and the ceremonial sites are along the coast, with a concentration on Easter Islands southeast coast. The moai are more standardized in design, and they have been carved, transported, and erected between fourteen and sixteen hundred. They stand with their basks to the sea and are believed by most archaeologists to represent the spirits of ancestors, chiefs, or other high ranking males who held important positions in the history of Easter Island, or Rapa Nui. The word ahu has two meanings in Easter Island culture. First, an ahu is the flat mound or stone pedestal upon which the moai stand. The ahu is, on average, about four feet high. The word ahu also signifies a sacred ceremonial site where several moai stand. The total number of moai on Easter Island is eight hundred and eighty seven. The largest moai weights approximately a hundred and fifty tons. Several experiments were carried out and although it was proven that the statues could have been moved by rocking and rolling their bases similar to the way we would move a refrigerator or large piece of furniture, the method would have caused so mu ...
Subscribe to:
Posts (Atom)