Research Paper Example

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Using a Timer in MS Office VBA Macros

Using a Timer in MS Office VBA Macros For those of us who have our minds deeply into VB.NET, the journey back to VB6 can be a confusing trip. Using a Timer in VB6 is like that. At the same time, adding timed processes to your code is not obvious to new users of VBA Macros. Timers For Newbies Coding a Word VBA macro to automatically time a test that was written in Word is a typical reason for using a timer. Another common reason is to see just how much time is being taken by different parts of your code so you can work on optimizing the slow sections. Sometimes, you might want to see if anything is happening in the application when the computer seems to be just sitting there idle, which can be a security problem. Timers can do that. Start a Timer You start a timer by coding an OnTime statement. This statement is implemented in Word and Excel, but it has different syntax depending on which one youre using.  The syntax for Word is: expression.OnTime(When, Name, Tolerance) The syntax for Excel looks like this: expression.OnTime(EarliestTime, Procedure, LatestTime, Schedule) Both have the first and second parameter in common. The second parameter is the name of another macro that runs when the time in the first parameter is reached. In effect, coding this statement is like creating an event subroutine in VB6 or VB.NET terms. The event is reaching the time in the first parameter. The event subroutine is the second parameter. This is  different from the way it is coded in VB6 or VB.NET. For one thing, the macro named in the second parameter can be in any code that is accessible. In a Word document, Microsoft recommends putting it in the Normal document template. If you put it in another module, Microsoft recommends using the full path: Project.Module.Macro. The expression is usually the Application object. The Word and Excel documentation states that the third parameter can cancel the execution of the event macro in case a dialog or some other process prevents it from running within a certain time. In Excel, you can schedule a new time in case that happens. Code the Time Event Macro This code in Word is for the administrator who wants to display a notification that the testing time has expired and print the result of the test. Public Sub TestOnTime()Debug.Print The alarm will go off in 10 seconds!Debug.Print (Before OnTime: Now)alertTime Now TimeValue(00:00:10)Application.OnTime alertTime, EventMacroDebug.Print (After OnTime: Now)End SubSub EventMacro()Debug.Print (Executing Event Macro: Now)End Sub This results in the following content in the immediate window: The alarm will go off in 10 seconds!Before OnTime: 12/25/2000 7:41:23 PMAfter OnTime: 12/25/2000 7:41:23 PMExecuting Event Macro: 2/27/2010 7:41:33 PM Option for Other Office Apps Other Office applications dont implement OnTime. For those, you have several choices. First, you can use the Timer function, which simply returns the number of seconds since midnight on your PC, and does your own math, or you can use Windows API calls. Using Windows API calls has the advantage of being more precise than Timer. Heres a routine suggested by Microsoft that does the trick: Private Declare Function getFrequency Lib kernel32 _Alias QueryPerformanceFrequency (cyFrequency As Currency) As LongPrivate Declare Function getTickCount Lib kernel32 _Alias QueryPerformanceCounter (cyTickCount As Currency) As LongSub TestTimeAPICalls()Dim dTime As DoubledTime MicroTimerDim StartTime As SingleStartTime TimerFor i 1 To 10000000Dim j As Doublej Sqr(i)NextDebug.Print (MicroTimer Time taken was: MicroTimer - dTime)End SubFunction MicroTimer() As Double Returns seconds.Dim cyTicks1 As CurrencyStatic cyFrequency As CurrencyMicroTimer 0 Get frequency.If cyFrequency 0 Then getFrequency cyFrequency Get ticks.getTickCount cyTicks1 SecondsIf cyFrequency Then MicroTimer cyTicks1 / cyFrequencyEnd Function

Price Waterhouse Coopers Essay Example | Topics and Well Written Essays - 1500 words

Price Waterhouse Coopers - Essay Example It is also the perspective that individuals view their organization and its environment (Baligh 7-10). The objectives of the organization determine the different ways in which an organization can be structured (Fenez 4-6). PwC organization structure is structured in a way to determine the mode in which it operates and performs. Its organization structure lets this enormous company to express the allocation of the responsibilities for different functions and processes to different entities, which involve the branch,  department,  workgroup,  and individual (Fenez 4). The following structures show the organization structure of the company depending with country. ... erience Senior partner China & Hong Kong Senior partner Germany Senior partner United Kingdom Senior partner United States Director Technology Although success has prevailed failure in PWC, the company has in several occasions been on the lime light for its actions. For instance in 1990, Internal Revenue Service seized most of the assets of Willie Nelson who they claimed that he owned $32 million in back taxes. However, this was not the case since these were disallowable by IRS and on suing PWC Willie got a fat sum for damages. Nevertheless, PWC is one firm that provides services to like Academy of Motion Pictures arts and Sciences, which makes it the tabulator and certifier of votes for the Academy awards since 1934. An article Over Cutting Corporation Tax Rate by BBC, on 8 August 2011, quotes the PwC Company explaining the various implications of cutting Scotland’s rate of corporation tax being highly complex. The article features PwC Company giving the advisory role to the government and the entities involved. In this article, the company examines the various effects of cuts in Northern Ireland where a new rate of just 12.5% was proposed (BBC News). The comments by PwC followed similar comments echoed by HM Revenue and Customs (HMRC), which argued that matching Northern Ireland's proposals could cost Scottish taxpayers about ?2.6bn a year a claim that was dismissed by the Scottish government. PwC mission statements and ideas were well communicated. The role communicated in this case was to give a sense of direction on where the country was headed to after it adjusted its corporation tax. The mission of the PwC Company is to provide intellectual expertise to the various agencies and individuals who need it (BBC News). In a second article by BBC News Company dated

What insight does the theory of internal colonialism offer into the Essay

What insight does the theory of internal colonialism offer into the processes which led to the formation of the United Kingdom - Essay Example In addition, religion, language, ethnicity or another cultural factor may have set this internal colony apart and the members left out of government and other political processes. When the colonial period ended, the term was used for regions where sovereign government exploited the economically backward and ethnically unique. This paper examines the notion of internal colonialism, and how it brought about the creation of the United Kingdom. 2. The effects subjugated on the culture and society of the colonized members. This is quite apart from a result of natural mixing with the group. The colonizing group initiates a strategy to transform, constrain or obliterate native values, orientations, and the old way of life. 3. Successful colonization necessitates a relationship where people of the colonized group allow themselves, without continuous revolt, to be governed and supervised by the colonizers with regards to their ethnic position. 4. The practice of racism. It is a feature of social domination and exploitation by one group over another who is viewed as inferior or different with regards to certain biological features. Such a group is controlled, and oppressed socially and physically by the superior group Theories of internal colonialism are diverse and numerous attempts have been made to put them into perspective. In an effort to explain them, Robert J. Hind says that the theories give many reasons, descriptions and inferences and falsely assume a great deal of harmony among both the natives and colonizers. There is also a tendency to reduce the intricate social organization to simple terms. These theories overlook the fact that for capitalism to expand, colonialism is a necessary evil. Rodolfo Stavenhagen says that a certain degree of social polarization combined with disproportionate development is necessary for capitalism to further itself. Thus, internal colonialism that prevails in a number of nations

American Home Products Corporation Essay Example for Free

American Home Products Corporation Essay American Home Product Corporation (AHP), a highly growing American company, has four business lines: prescription drugs, packaged drugs, food products, house wares and household products. Its policies include: -A tight financial control and maintained an aggressive capital structure policy. Make money for its stockholders and to maximize profits by minimizing cost. It has been able to finance internally its growth while paying a very high portion of its earning to its shareholders (60%). Currently, AHP seems to have no business risk but may face a certain risk in the long run. Based on the ratios shown on the attached sheet, AHP should not worry about business risk since its working capital is very healthy ($1472.8 million) and cash excess $233 million. The high ROA, high profit margin, low current-to-asset ratio and 49.71 collection days show that AHP can generate cash quickly, thus it can maintain current high growth rate. However, it’s decreasing annual sales growth from 14.1% in 1978 to 8.8% in 1981 (exhibit 1) shows that it faces future risk of losing market shares in all its business lines if it does not foresee competition and continues to focus on increasing stockholders’ value. AHP’s current financial performance is very good since it has high ROE (30.3), high quick ratio (42.68), low debt-to-equity ratio (0.09) and low debt-to-asset ratio (0.01). However, an analysis of different debt ratios shows that if AHP increases debt ratio, it will face a financial risk of increased debt-to-equity and debt-to-asset ratios. In other words, it will face solvency problems in long terms. AHP also face liquidity problems since the quick ratios decrease when the debt ratios increase. 2 The proposed mechanism follows a dual mechanism of leveraging:- (a) Increase the Debt Equity Ratio. (b) Buy back the shares. This also results in the following:- (i) Improves EPS as the amount gets shared by lesser number of shares. (ii)Improves Price / earnings ratio (iii) The excess capital gets utilized. (iv)Sends a +ve signal to the market and share prices likely to increase. (v) Improves Return on Equity ratio. The calculations enclosed indicate that the best option in accordance with the company stated policy would be to have Debt-Equity Ratio of 70%. Shareholders’ value increases when debt ratios increase. EPS increases from $3.18 to $3.49. The dividend payout ratio also increases from 0.597 to 0.602. Similarly, the dividend yield from 0.063 to 0.070. It means that the company can increase shareholders’ value by increasing debt ratios. However the following needs to be considered:- (i) The valued net worth of the firm which decreases may not convey the correct picture to the investor and thus negating the positive signals of buy back of shares. (ii) The firm has no strategy related to RD in new products and focuses on me-too products thus constituting a large business risk. (iii) The firm would reduce the cash to debt ratio substantially exposing itself to financial risk. The closest competitor has Debt – Equity Ratio of 30% which if taken as a benchmark gives a conservative method of deciding the proposed leveraging, however this does not maximize the shareholder value, but is in line with the strong conservatism philosophy of the firm. It also gives a better Return on Assets ratio and has a safer Debt to Cash ratio. Even though AHP has a very good current financial performance, it should change the financial policy to increase debt ratio at a certain level. To meet the goal of increasing shareholders’ value, AHP should not use its excess cash flow to repurchase its stocks because this is only a temporary solution and may generate serious financial problems in the long run. Instead, AHP should use this excess cash to invest in profitable projects to improve its current products and launch new products that meet current market demands. By doing so, AHP can minimize the business risk, prepare itself for competition and increase sales growth. On the other hands, AHP should increase debt ratio to a certain level that is suitable for its  business to increase shareholders’ value. Also it should continue to exercise tight monetary policies as earlier to pay off the debt in a disciplined manner This solution does not bring financial risk to AHP but enable it to minimize business risk. If AHP remains only concerned about how to increase shareholders’ value and ignores market threats, it might lose its business to its competitors.

Dyslexia Essay -- Biology Essays Research Papers

Dyslexia Choosing a topic for my research project was quite easy. Dyslexia naturally presented itself, probably because I have a mild case myself. I thought of it as a good omen when typing the word â€Å"dyslexia† into an internet search engine, I spelled it â€Å"dsylexia†. Of course I was troubled when the computer reported zero matches, but I caught my mistake, and tried again, this time more successfully. My dyslexia is really very minor, and has not presented too much difficulty for me. I often reverse numbers, which is annoying when dealing with phone numbers, and I am a terrible speller, which may well be related to my dyslexia. However, people with severe cases are presented with a serious handicap, making reading, writing, listening and language comprehension difficult (1,2). Despite normal intelligence levels, dyslexics often feel stupid and have self-esteem problems, because of the difficulty they experience in reading and writing (1). Dyslexia was first described in 1896 by Pringle Morgan of Sussex, England, who described a 14 year old boy who â€Å"has always been a bright and intelligent boy, quick at games, and in no way inferior to others of his age. His great difficulty has been--and is now--his inability to learn to read.†(5) This was the first description of the disorder, which exposes the curious problem of intelligent, motivated people unable to learn basic reading skills. Dyslexia’s most diagnosable feature is a pronounced disparity between intelligence and scholastic success, particularly reading. Reading involves rapid association of symbols (letters and letter combinations) with the 44 phonemes ( the smallest unit of discernible sound) of the English language, which must in turn be assembled into... ... 1) http://www.dyslexiao nline.com/dyslexia.html#what From Dyslexia Online 2) http://www. ldonline.org/ld_indepth/reading/reading-4.html From Orton Dyslexia Society 3) http://www .ldonline.org/ld_indepth/reading/nih_report.html From Learning Disabilities Online 4) http://www.ldonline.o rg/ccld/ld/ldresearch.html From Learning Disabilities Online 5) http://www.sciam.com /1196issue/1196shaywitz.html From Scientific American Dyslexia article 6) http://www.dyslexia.com/ From Dyslexia.com an advocate site 7) http ://www.kidsource.com/kidsource/content/news/brain7_9_96.html From a review of an article published in Nature 8) http://www.merck.com/!!ucy831YlLucy831YlL/pubs/mmanual/html/iomhgeeg.htm From the Merck Manual 9) http://www.interdys.org/ articles.stm#content From the International Dyslexia Association Dyslexia Essay -- Biology Essays Research Papers Dyslexia Choosing a topic for my research project was quite easy. Dyslexia naturally presented itself, probably because I have a mild case myself. I thought of it as a good omen when typing the word â€Å"dyslexia† into an internet search engine, I spelled it â€Å"dsylexia†. Of course I was troubled when the computer reported zero matches, but I caught my mistake, and tried again, this time more successfully. My dyslexia is really very minor, and has not presented too much difficulty for me. I often reverse numbers, which is annoying when dealing with phone numbers, and I am a terrible speller, which may well be related to my dyslexia. However, people with severe cases are presented with a serious handicap, making reading, writing, listening and language comprehension difficult (1,2). Despite normal intelligence levels, dyslexics often feel stupid and have self-esteem problems, because of the difficulty they experience in reading and writing (1). Dyslexia was first described in 1896 by Pringle Morgan of Sussex, England, who described a 14 year old boy who â€Å"has always been a bright and intelligent boy, quick at games, and in no way inferior to others of his age. His great difficulty has been--and is now--his inability to learn to read.†(5) This was the first description of the disorder, which exposes the curious problem of intelligent, motivated people unable to learn basic reading skills. Dyslexia’s most diagnosable feature is a pronounced disparity between intelligence and scholastic success, particularly reading. Reading involves rapid association of symbols (letters and letter combinations) with the 44 phonemes ( the smallest unit of discernible sound) of the English language, which must in turn be assembled into... ... 1) http://www.dyslexiao nline.com/dyslexia.html#what From Dyslexia Online 2) http://www. ldonline.org/ld_indepth/reading/reading-4.html From Orton Dyslexia Society 3) http://www .ldonline.org/ld_indepth/reading/nih_report.html From Learning Disabilities Online 4) http://www.ldonline.o rg/ccld/ld/ldresearch.html From Learning Disabilities Online 5) http://www.sciam.com /1196issue/1196shaywitz.html From Scientific American Dyslexia article 6) http://www.dyslexia.com/ From Dyslexia.com an advocate site 7) http ://www.kidsource.com/kidsource/content/news/brain7_9_96.html From a review of an article published in Nature 8) http://www.merck.com/!!ucy831YlLucy831YlL/pubs/mmanual/html/iomhgeeg.htm From the Merck Manual 9) http://www.interdys.org/ articles.stm#content From the International Dyslexia Association

Disaster Recovery Planning in Banking Sector Essay

On September 11, 2001, the terrorist attack destroyed the World Trade Center in New York, which was the most highly concentrated financial area. This attack not only destroyed the twin towers, but also ruined the financial system. Banks located in the World Trade Center went through an unprecedented disaster. The company’s back-up facilities which were too close to the primary facilities were disrupted as the primary facilities. Single points of failure in perceived diverse routing resulted in failed back-up communications systems. Because of the terrorist attacks of 9/11, there is significant increased focus on the disaster recovery plan. (Robert Bronner, 1997) According to Robert Bronner, banks were among the earliest adopters of information technology in the business world. The widely use of information technology in the bank system forced a new industry – the disaster recovery industry. Disaster recovery plan is an important part of bank business continuity plan. It is a processes or set of procedures that help firms prepare for disruptive events. The goal of the plan is recover and protect a business IT facilities, such as the network, document management system, and core system, in the disruptive events. Those events include both natural disaster such as earthquake and man-made disasters such as power outage. It is impossible that a bank can always avoid disasters, so the disaster recovery plan plays an important role after a bank suffer a disaster. With a careful plan will effetely help the bank to minimize downtime and data loss to ensure some level of organizational stability and an orderly recovery after a disaster will prevail. The Automated Clearinghouse Association was formed by 7 Philadelphia-based banks in the mid-1970s for the sole purpose focus on how to manage bank’s data recovery when bank’s computer systems go down. This group started the disaster recovery industry in 1987 by SunGard Recovery Services. The Important of Disaster Recovery Plan The disaster recovery plan is important to the bank, because the benefits it can obtained from the drafting of a disaster recovery plan. The basic benefits of a disaster recovery plan include (â€Å"disaster recovery plan†): (1) Providing a sense of security (2) Minimizing risk of delays (3) Guaranteeing the reliability of standby systems (4) Providing a standard for testing the plan (5) Minimizing decision-making during a disaster (6) Reducing potential legal liabilities (7) Lowering unnecessarily stressful work environment Disaster recovery plan is a critical proactive approach to banks. Because the objective of the disaster recovery plan is protect the bank do minimize loss during the disaster, planning is vital to the disaster recovery plan. The type of disaster recovery plan can be variety, but all of them should follow three basic measures (1) preventive measures, (2) detective measures, and (3) corrective measures. The purpose of the first measures is to prevent a disaster from occurring. This measure is focus on identify and reduce risks. Preventive aimed to stop a disaster before happening. These measure try to identify the risks before it happens and reduce the happen ratio. To achieve the prevention purpose, the measures may include keeping data backed up and off site, using surge protectors, installing generators and conducting routine inspections. Detective measures are used to find the presence of any unwanted events among the IT infrastructure. They focus on the unfound new potential threa ts. These measures include installing fire alarms, using up-to-date antivirus software, holding employee training sessions, and installing server and network monitoring software. The system which is focus on restores a system after a disaster or otherwise unwanted event takes place is corrective measures. There measures may include keeping critical documents in the Disaster Recovery Plan or securing proper insurance policies, after a â€Å"lessons learned† brainstorming session. (â€Å"Disaster recovery plan†) Banking industry certainly needs the Disaster Recovery Plan. The research shows that among 170 disasters recoveries, 45 were for banks in the last 10 years. (Robert Bronner, 1997) In 2012, hurricane Sandy highlights  the bank’s need for disaster recovery planning. Sandy struck the East Coast of Manhattan, where is the location of Wall Street. Many banks’ headquarter located on the East Coast, such as Citi and Bank of American, were flooded under water. The financial markets in New York City were closed for at least two days cause loss of millions of dollars. Disasters are unexpected and costly, so the planning is critical for the bank to reduce loss from disasters. Disaster recovery is of particular importance for the banks than other businesses because the huge demand of services during times of community disaster. The average bank is multi-plat formed, with multiple locations and varied operations and computer applications. For example, Chase Bank has over 19,500 ATMS and 5,600 branches across the country. Mergers and acquisitions make the bank facing a more complicated situation. Mergers and acquisitions have caused banks to endure more different kinds of applications. Basically, banks run 20 to 30 critical applications simultaneously. When organizations merger or are acquired, a bank may run 40 to 60, double than before, critical application at the same time. Furthermore, because the bank’s global expanding, the banks operations become more decentralized that expands their reach beyond the back office into satellite locations. Last, banks are still relying heavily on paper. For example, the bank often needs the copy for its customers’ copy of ID. If a bank suffers a disaster, what would happen to these decentralized operations and manifold applications? What happens to the many paper transactions in branches that have not entered the central system? As soon as the disaster happened, no matter its man-made or natural, despite of its local or nation, it can disrupt critical business operations significantly for weeks and sometimes months. Thorough preparation can shorten recovery time dramatically and keep banking operations ongoing. (Robert Bronner, 1997) The planning methodology According to Geoffrey H. Wold of the Disaster Recovery Planning Process, 1997, an integrated plan should include 10 steps 1. Obtain Top Management Commitment Top management in the bank must support and involved when developing  a disaster recovery plan. Managements have the responsibility to supervise the plan developing process and confirm the final disaster recovery planning is effective within the bank. The process of developing the plan should include enough time and adequate material resources. Resources could include both financial considerations and the effort of all personnel involved. This process requires the bank to hire educated managers who has knowledge about disaster recovery. If the top manager doesn’t know about disaster recovery, the final disaster recovery plan, which has the participation of the top manager, can be poor. 2. Establishing a planning committee After the draft of the disaster recovery plan is finished, the bank need to build a planning committee. The function of the planning committee is overseeing the development and implementation of the disaster recovery plan. The planning should consider all functional areas of the organization and effect represent them. The committee members should include the operations manager and the data processing manager. The employee is the first thing the bank should think about when develops a disaster recovery plan. What employee most concern about? The safety of families and personal property. As long as those two areas are safe, the employee can focus on the safety of the employer and its customers’ property. So when the management making the disaster recovery plans, they should include essentials such as shelter, medical insurance, pension, as well as counseling and information on the disaster recovery plan. The committee should ensure the final disaster recovery plan include a plan to ensure the safety of the employee’s family and property. 3. Perform a risk assessment Risk analysis and business impact analysis are important parts of planning committee. They should contain the range of possible disasters for natural, technical, and human threats. The committee should analysis every functional area of the organization’s potential consequence and influence associated with different disaster scenarios. Furthermore, the safety of critical document and vital records should be evaluated, too. For example, fire always be considered the greatest threat to an organization, so many  banks buy the fire insurance. However, even the flood is infrequently, it still has a chance to happen. One of the reasons the Sandy cost huge loss is many banks located at Wall Street don’t have bought insurance for flood. The disaster recovery plan should consider the â€Å"worst case† situation. 4. Establish priorities for processing and operations Critical needs are the necessary equipment and procedures used to recover the daily operations of a department, such as main facility or computer center when it suffered a disaster. The critical needs for each department within a bank should evaluate the areas include: functional operations, key personnel, information, processing systems, service, documentation, vital records, policies and procedures. Analysis the processing and operations to decide the maximum amount need f time each department of bank can operate without each critical system. To determining the critical needs for a department, the bank can document all the functions performed by every departments. As soon as the primary functions have been determined, the operations and processes should be ranked in the order of essential, important, and non-essential. (Robert Bronner, 1997) Location is the first critical consideration of a recovery plan. A bank’s recovery plan should include geographically independent relocations sites for every work group. (Robert Bronner, 1997) The consideration of the location include whether it is easy to access to other facilities, Data center professionals may work in an urban area and be more willing to travel or relocate. The recovery locations should be planned both for the data center environment and satellite locations. 5. Determine Recovery Strategies The researched and evaluated processing alternatives are the most practical alternatives for processing. In order to make an effective recovery strategy, the bank must consider facilities, hardware, software, communications, data files, customer services, user operations, MIS, End-user systems, and other processing operations of the organization. Furthermore, the bank should consider its computer function. Hot sites, warm sites, cold sites, reciprocal agreements, tow data center, consortium arrangement, and vendor supplied equipment are the alternatives for  evaluation of the computer function. The third elements should be prepared is the written agreements for the specific recovery. The example of special considerations include: contract duration, termination conditions, testing, costs, special security procedures, notification of system changes, hours of operation, and specific hardware and other equipment required for processing. 6. Perform Data Collection The basic data collected for disaster recovery plan includes backup position listing, critical telephone numbers, communications inventory, distribution register, variety types of inventory, master call list and vendor list, notification checklist, software and data files backup/retention schedules, temporary location specifications, and materials and documentation. That information are helpful to develop pre0formatted forms to facilitate the data gathering process. According to Robert F Bronne of the banking industry and disaster recovery plan, 1997: the inside data central is no longer enough for the bank, with the expansion of bank, the bank needs the data beyond the inside data center. The remote of the working group of the remote locations should be part of the entire disaster recovery plan. The equipment and system in the remote locations should be accounted in the recovery plan. What is more, business recovery move advance to restoring and recreating business process. For example, the â€Å"quick ship† type of program that allows them to ship personal computers and related equipment to a designated recovery site within 48 hours of the declared disaster. 7. Organize and document a written plan The disaster plan should be written in a standard form. The plan should include an outline of the plan’s contents. The managements should review and approve the outline. Then, the procedures and the documentation should be written in the plan based on the standard format. It is helpful to create a consistent format and allows for continuing maintenance of the disaster recovery plan. The plan should be used before, during, and after a disaster. It should include methods for maintaining and updating the plan to reflect any significant internal, external or systems changes and structured  using a team approach. 8. Develop testing criteria and procedures After a disaster plan is created, it should be tested and evaluated on a regular basis. The tests will provide the organization with the assurance that all necessary steps are included in the plan. Furthermore, it helps to determining the feasibility and compatibility of backup facilities and procedures, identifying areas in the plan that need modification, providing training to the team managers and team members, demonstrating the ability of the organization to recover, and providing motivation for maintaining and updating the disaster recovery plan. 9. Test the Plan After testing criteria have been completed, the bank should test the disaster recovery plan. A good bank’s recovery plan doesn’t means it works well in the reality. The test will provide additional information about the continuing steps, reasonable adjustment to the original plan. Each functional department of bank should be tested. The bank’s size and rate of organizational change decide the frequency of testing. Usually, small banks have low frequency of testing; they may do testing once per year. Larger banks have high frequency; they perform exercises two or three times a year or stretch an annual test over several days. There are four main types of tests: checklist test, simulation test, parallel tests, and full interruption tests. The actual disaster is a true test to bank. It is similar to simulation tests, but more authentic than the simulation tests. Banks should document recovery efforts, evaluate results, and refine plans accordingly carefully. 10. Approve the plan. The last step of making disaster recovery plan is approving the plan. After the written and tested, the plan should be approved by top-management. The top management has responsibility to establishing policies and comprehensive contingency planning. Also, the management should reviewing and approving the contingency plan annually and writes a review paper for the plan. If the information is come from a service bureau,  management should evaluate the adequacy of contingency plans for its service bureau and ensure that its contingency plan is compatible with its service bureau’s plan. Conclusion With the expansion of financial industry, banks become more sophisticated technology users; the disaster recovery plan will play a more important role in the banking sector. The bank’s disaster recovery plan can help the bank to mining the lost due to an unexpected disaster and recover the bank back to use as soon as possible, but it acquired the bank to plan a disaster recovery plan system and effectively before the disaster happens. An effective disaster plan is made under the strict requirement in operate in planning, assessment, writing, and testing process. Nobody can estimate when the disaster will come, the disaster recovery plan is both a prevention method and insurance to decreasing the potential exposures and recover the organization for the bank. Work Cites 1. Bronner, Robert F. â€Å"Banking Industry and Disaster Recovery Planning.† Banking Industry and Disaster Recovery Planning. N.p., n.d. Web. 17 Nov. 2013. . 2. â€Å"Disaster Recovery Plan.† Wikipedia. Wikimedia Foundation, 11 June 2013. Web. 17 Nov. 2013. . 3. Wold, Geoffrey H. â€Å"Disaster Recovery Planning Process Part 1 of 3.† Disaster Recovery Planning Process Part 1 of 3. N.p., n.d. Web. 17 Nov. 2013. .

Review intermediate macroecon

How do we measure standard of living Measuring the standard of living in a country is to use real national income per capita. This is found that dividing real national income (GAP or GNP) by the total population. 2. How can European unemployment be reduced? Central bank should decrease interest rates, and allow for an increase in demand, and unemployment would decrease. They need to be less protective, to eliminate these labor market rigidities, and to adopt US style labor market institutions 3. What are the benefits of the Euro?No more changes in the relative price of currencies for European firms to worry about, no more need to change currencies when crossing borders. 4. What has contributed to the high economic growth of China? A. The first Is high accumulation of capital. The Investment rate exceeds 40% of output, a high number. Compared to US which Is 17%. More capital means higher productivity and higher output. B. The second is rapid technological progress. By making Chinese f irms work with and learn from foreign firms, the productivity of the Chinese firms has increase dramatically. Chapter 2 1.What Is GAP, value added approach A measure of aggregate output in the national income accounts (The market value of goods and services produced by labor and property located in the US) VALUE ADDED: Sales – Intermediate goods Intermediate GOOD: is a good used in production of another good. Some goods can be both final goods and intermediate goods. (EX: Final: Potatoes sold directly to consumers/ Intermediate: Potatoes used to produce potato chips) 2. Nominal and Real GAP Nominal: sum of quantities of final goods produced times their current price. Nominal GAP increases over time for 2 reasons: a.Production of most goods increase ever time. B. Prices of most goods also increase over time. Real: Sum of quantities of final goods times constant (rather than current prices) 3. GAP Deflator: the ratio of nominal GAP to real GAP in year t ICP: The cost of a given list of goods and services consumed by a typical urban dweller Inflation: A sustained rise in the general level of prices Inflation rate: The rate at which the price level increase over time. 4. Labor Force and Discourage workers Labor Force: The sum of those employed and those unemployed Discourage Workers: A person who has given up looking for employment. . Unemployment rate and Labor force participation rate Unemployment rate: The ratio of the number of unemployed to the labor force Labor Force Participation rate: The ratio of the labor force to the total population of working age (non-institutional civilian population) Chapter 3 1. MAC, multiplier (CLC): The effect on consumption of an additional dollar of disposable income 2. Consumption function A function that relates consumption to its determinants 3. Determination of output in Goods Market 4. Keynesian cross 5. What shifts the Z line 6. Determinants of Investment 7. Shifts of the IS curve

john adams book critique essays

john adams book critique essays McCullough, David (2001). John Adams. Simon and Schuster. John Adams was an interesting outlook on the life of John Adams. It displayed his life in a most memorable way that gives the reader a true account of John Adams life and trials he had to overcome to make the United States what it is today. In reading this, we understand about the barriers our fore fathers had to rise above as well as the consequences they overcame for their freedom. Being born to a rich mother and a Deacon father on October 30, 1735 at his familys farm in Braintree, Massachusetts. Adams took to reading and writing early in life. He recorded daily everything that happened in a journal, which ended up being more than a four-volume autobiography. He loved his familys farm in Braintree, and visited there often as an adult. Harvard College was where Adams attended and it took several years to decide what career he wanted to follow. He chose to become a teacher in Worcester right after he graduated. Adams soon learned that the teachers life was not the life for him. His new job put him around many influential people that persuaded him to study law. After Adams was admitted to the Suffolk County Bar, he thought of himself as a fair and thoughtful lawyer. Boston was sinking into rebellion by the 1760s. The British Parliament began to pass taxes intended for the French and Indian War. The book talked about a series of measures taken to create an increasingly hostile environment in the Massachusetts port city. It seemed that people depended on Adams and his ability to draft their complaints even after he defended the troops that opened fire in the Boston Massacre. Adams was elected to serve at the First Continental Congress. Its no surprise that he impressed his fellow delegates. He nominated George Washington to command a new Continental Army. Adams traveled overseas to gain alliance with France and asked for assist...

Whaling May Result in Weals

Whaling May Result in Weals Whaling May Result in Weals Whaling May Result in Weals By Maeve Maddox Commenting on the Whelps are Puppies post, Anthony Patterson, MD had this to add to our vocabulary for talking about raised places on the skin: Regarding whelps your article is of course quite correct. Â  However, in medical school, I was taught it was an inappropriate substitution for wheal which is a more or less round and evanescent elevation of the skinwith the emphasis on evanscent as it is a sign of urticaria [hives] (Tabors Medical Dictionary). In writing the post I failed to mention the familiar word weal; the medical term wheal is new to me. Apparently both weal and wheal are related to wale and whale (in the sense of whipping or beating). Wale comes from an Old English word meaning ridge, as in The knight rode over the ridge. Later it came to mean ridge made on flesh by a lash. In the 13th century the wooden platform made to hold mounted guns was called the gonne walle (gunwale). In the 16th century the word wale came to be used in the manufacture of textiles to describe the ridges in a fabric like corduroy. Weal, in the sense of a raised mark on skin is documented from 1821 as an alteration of wale. (NOTE: The word weal has other meanings which are worthy of a post to themselves.) wheal, a mark made on the skin by a whip is documented from 1808. According to the Online Etymology Dictionary, wheal is probably an alteration of wale, possibly by confusion with weal welt, and obsolete wheal pimple, pustule (1440), from O.E. verb hwelian to form pus, bring to a head. As pointed out by our reader, in modern medical use a wheal is a flat, usually circular, hard elevation of the skin, especially that which is characteristic of urticaria. According to the OED, the wheal is so called because it resembles the wheal raised on the skin by a blow. The earliest example in the OED of the verb to whale in the sense of beating severely is documented from 1790: 1790 Grose, Provincial Glossary: whale, to beat with a horsewhip or pliant stick. 1801 G. Hanger, Life: Whaleing [sic] a gentleman is but a vulgar revenge. 1884 Mark Twain, Huckleberry Finn: He used to always whale me when he was sober and could get his hands on me. The OED also has an entry for wale as a verb meaning to mark (the flesh) with wales or weals and gives this example from 1634: O my blessed Saviour, was it not enough that thy sacred body was stripped of thy garments, and waled with bloudy stripes? A dark side to this etymological foray is that the evolution of these words took place in times when whipping was such a regular event that most people had seen what it does to a persons back. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:30 Religious Terms You Should Know50 Diminutive Suffixes (and a Cute Little Prefix)Educational vs. Educative

Evaluation of Science and Technology Policies Essay

Evaluation of Science and Technology Policies - Essay Example A number of measures, called performance indicators are usually invented in order to simplify the evaluation process and make it more easily readable by non-expert groups (e.g. investors). "Simply put, performance indicators are measures that describe how well a programme is achieving its objectives Indicators are usually quantitative measures but may also be qualitative observations. They define how performance will be measured along a scale or dimension" (USAID Center for Development Information and Evaluation, 1996). The question that is raised in this essay can be formulated as follows: is it possible to rely on performance indicators without evaluation itself, and what will be the consequences To answer that question, the essay clarifies at first a concept of evaluation, its development in research policy, its relations with performance indicators (PI), limitations of PI, and finally demonstrates with the help of two examples that the substitution of evaluation with merely PI wi ll lead to the decline of investor-funded science itself. Let us at first get acquainted with the concept of evaluation answering a simple question: what is the evaluation and why do we need it in research Generally the evaluation can be defined as follows: Evaluation is the systematic acquisition and assessment of information to provide useful feedback about some object" (Trochim, 2002). So, in other words, evaluation provides the interested parties with the feedback, which will be useful, i.e. will help in the decision-making process. This leads us to the answer on the second part of the expressed question: evaluation is needed in research to make the funding policy more effective. If the evaluation processes provide the correct feedback about the usefulness of candidate scientific projects then the most 'useful' projects will receive funding, which will lead to the development of 'useful' science. The word 'useful' is placed in quotation marks advisedly, as it is also an important question: what science can be called useful However, thi s question leaves out of the scope of this essay. Initially, evaluation can be divided into two types: formative and summative. Whereas formative evaluation examine the delivery of the project or technology, the quality of its implementation, and the assessment of the organizational context, personnel, procedures, inputs, and so on, the summative evaluation analyses the effects of the project, determining its overall impact (Trochim, 2002). Each of these types benefits from the use of performance indicators, because to determine both the implementation and the impact a number o measures have to be devised. Development of evaluation It is evident that the evaluation process itself constantly endures changes. To put it differently, the accent of evaluation changes in accordance with the current research evaluation policy. "In most European countries an "evaluation culture" in science, technology and innovation policies has evolved since the 1980s, including the ex post evaluation of research programmes and other policy initiatives, the evaluation of R&D centres and universities, and the evaluation of R&D funding agencies. (Kuhlmann, 2000)" Rip characterises the changes of R&D evaluation through the use of triangular metric with accountability, strategic change,

Aviation Case Study Example | Topics and Well Written Essays - 250 words

Aviation - Case Study Example Most people avoid the airport if they have urgent business. The reason for these delays has been blamed on the capacity of the airport visa vie the growing demand. Possible revenue has been lost by the airport due to the delay. The problem has been identified and, therefore, measures to curb the problem should be developed. The airport has a potential market and, therefore, investment for redesigning of the terminal and ground access (runway) will be recouped faster. Expansion of the terminal will enhance the speed of security check and other services requisite for the passenger. Ground access give the chance for planes to land and take-off, and this delays plane from landing and departing, extra runways should be constructed for take-off and landing off planes. If the two elements are taken into account ALICE Spring Airport will be more efficient and more passengers will be lured into the airport. Passengers are always time conscious and will choose an airport where processes will be