Wednesday, August 26, 2020

Cloud Based Solution For Health Management System †Free Samples

Question: Examine about the Cloud Based Solution For Health Management System. Answer: Presentation The National Youth Mental Health Foundation plans to receive a cloud-based answer for sending their primary wellbeing the executives framework: My solid record framework. Distributed computing alludes to the conveyance of figuring assets as-an administration, rather than the convectional convey as-an item. Appropriation of a cloud based arrangement may include building up the framework and sending it on the servers of a cloud administrations supplier - rather than putting resources into the equipment required to run the application. On the other hand, the organization may embrace a previously existing framework that is given through cloud get to. In the two cases, issues of information security, information possession, framework security and dangers must be examined to determine the plausibility and practicality of the move. For this venture, the organization plans to embrace a cloud based arrangement, which is an off-the-rack arrangement that is cloud based. This paper presents an examination of distributed computing comparable to My sound record framework venture. The paper plots the Non-Functional Requirements of the framework, an audit of cloud based arrangements, for example, the focal points, weaknesses and security dangers related with the cloud, just as authoritative limitations that the undertaking may experience. The paper at that point presents an investigation of the SDLC way to deal with be utilized, concentrating on either utilizing a Predictive or Adaptive procedure. Non-Functional Requirements Non-utilitarian necessities allude to measures that can be utilized in making a decision about the activities of a framework. These can be thought of as programming quality traits and are summed up as FURPS (Valacich, George and Hoffer, 2015). FURPS non-practical prerequisites incorporate; Usability,Reliability,Performance andSecurity. The primary ease of use part of the framework is the UI, since non-specialized clients will get to the framework. The framework in this manner requires a simple to utilize UI. The framework requires basic and clear UIs, so that even a beginner PC client can without much of a stretch utilize the framework. Dependability is a proportion of the frameworks capacity to reliably perform works as its creator expected (Valacich, George and Hoffer, 2015). For this venture, the realiability angle will identify with the capacity to oversee patients, plan arrangements, and different elements of the framework. With respect to execution, the necessity is that the framework ought to have ideal perfomance and ought to be able to achieve undertakings productively and reliably (Valacich, George and Hoffer, 2015). For a cloud based arrangement, end clients must have the option to get to the framework, and perform undertakings with no unnecessay postponements and mistakes. At long last, the security part of the framework will necessitate that the framework be made sure about to forestall potential information breaks through hacking. The arrangement ought to give methods for making sure about information in travel, through the implemetation of safety efforts, for example, information encryption. A second part of framework security is the insurance of put away qualifications. The qualifications should be shielded to forestall malevolent access coming about because of unapproved divulgence. Correlation of utilitarian and non-practical necessities Though the utilitarian necessities of the framework necessitate that the framework handle client login, the non-practical prerequisite necessitates that appropriate client validation be done, to forestall pernicious access. This incorporates forestalling access to the framework by clients who might not have changed their passwords for quite a while. Besides, the useful necessities necessitate that the framework give capacities to include patients and update tolerant subtleties. For this, the non-practical prerequisite is that the framework gives satisfactory security to the patient's subtleties. This incorporates tying down access to the data when it is being transmitted over the web, and when put away in a cloud database. Reviewof cloud based. With distributed computing, delicate wellbeing record information will be put away on an outsider framework. In spite of the fact that distributed computing brings various points of interest, for example, access to predominant processing power, versatility, cost sparing and availability, the innovation presents a horde of protection and security hazards that must be investigated and comprehended before embracing the innovation (Krutz and Vines, 2013).. Points of interest of distributed computing Versatility: the idea of distributed computing is that it permits one to scale figuring assets as indicated by request. For this case, an expansion in information will interest for more extra room which will naturally be given on the cloud. This applies to other figuring assets, for example, data transfer capacity and handling power (Krutz and Vines, 2013). Cost sparing: with distributed computing, the association won't need to spend on the equipment and programming required in sending the framework. This outcomes in noteworthy sparing in forthright use. With distributed computing, charging is just accomplished for assets expended, implying that the organization will just compensation for spent extra room and devoured registering assets (Krutz and Vines, 2013). Reinforcement and recuperation: the cloud stage gives propelled reinforcement and recuperation arrangements which remembers for offsite reinforcement and gives methods for consequently changing to an alternate server should access to the essential server be interfered, thus guaranteeing greatest uptime (Krutz and Vines, 2013). Fast Deployment: with distributed computing, the organization can embrace a framework or send one inside a brief timeframe as no deferrals are knowledgeable about buying and setting up the necessary server foundation (Krutz and Vines, 2013). Unwavering quality: Cloud specialist organizations put intensely in employing qualified specialists and assets to guarantee greatest framework accessibility. Impediments Various burdens exist identifying with distributed computing reception. Distributed computing acquires the customary data frameworks dangers. Moreover, cloud administrations are open through the web, and the multi-occupancy nature of the cloud makes it especially defenseless to assaults (Krutz and Vines, 2013). A portion of the impediments incorporate; Vacation: blackouts can happen even on the most refined stage. A blackout of administrations would be hindering to the association as this would totally end the activities of the wellbeing administrations supplier. For instance in the year 2013, DropBox had a framework blackout that went on for right around two days (Talbot, 2013). The way that entrance to distributed computing is through the web implies that, on the off chance that web access to the office is interfered with, at that point access to the administrations will likewise be hindered Security and protection: one of the significant worry with distributed computing is the issue of security and protection of information. This is a significant thought for this task since the associations information contains delicate individual and wellbeing information. Receiving a cloud based arrangement will mean redistributing even the treatment of this delicate information. An assault on the cloud stage would bring about access to the touchy data. This has occurred before on a cloud stage, the Code Space rate brought about an information break and cancellation of the information when their Amazon web administration AWS EC2 comfort was hacked (Krutz and Vines, 2013). Such a frequency would be harming to the wellbeing administrations provider.Limited control and adaptability: By reception a cloud based arrangement, the association will have restricted authority over the framework facilitating the arrangement, for example, the execution and processing capacities. Making sure about information in the cloud Information security in the cloud is the fundamental issue confronting cloud selection today. The ability of cloud specialist co-ops to give sufficient information security is one of the key contemplations while choosing a cloud specialist co-op. While the convectional information assurance models centers around arrange driven and edge security, by utilization of system gadgets and innovations, for example, interruption recognition framework and firewalls, this methodology isn't adequate to give protection from the present refined assaults, for example, utilization of APTs and favored clients. Information Protection Measures Concocting hard to-figure passwords Utilizing Access control list which characterizes consent for each sort of information Utilization of solid vehicle level encryption for information in travel just as capacity encryption The cloud specialist organization ought to solidify their servers to ensure the figuring assets against known and obscure vulnerabilities in the framework and the fundamental working framework (Krutz and Vines, 2013). Giving constrained access: client records should just approach just the information identified with their jobs (Krutz and Vines, 2013). Executing reinforcement and recuperation: most cloud suppliers offer continuous replication of information, with information being sponsored up at an offsite area to forestall total loss of information, if there should arise an occurrence of an assault or a cataclysmic event (Krutz and Vines, 2013). SDLCApproach This undertaking can either be moved toward utilizing the Predictive or Adaptive SDLC. The Predictive SDLC Approach is most appropriate for an undertaking where the necessities are notable and the means can be anticipated. The periods of the philosophy are successively arranged and executed with insignificant covers. Then again, an Adaptive approach is appropriate for a circumstance where the necessities are probably going to change and the advancement procedure can't be sufficiently anticipated. Versatile approachs are exceptionally adaptable, iterative and intuitive methods of setting up venture prerequisites. The methodology grasps flighty changes to an undertaking. Upsides and downsides of utilizing Predictive SDLC Prescient methodologies, for example, the Waterfall Model has the benefit of; The methodology has clear destinations that are set from the beginning of the undertaking The framework necessities are steady and don't change over the tasks life The methodology has quantifiable advancement Has exacting close down prerequisites meaning an unmistakable

Saturday, August 22, 2020

Statistics Assignment

Questions: 1. A ball player has the accompanying focuses for seven games: 20, 25, 32, 18, 19, 22, and 30. Register the accompanying measures: a) Compute the example mean (the normal of the purposes of each game) b) Compute the example middle c) Compute the difference and the standard deviation 2. Assume during ends of the week, 55 percent of grown-ups go to the sea shore, 45 percent go to the film, and 10 percent go to both the sea shore and the film. a) What is the likelihood that a haphazardly picked grown-up doesn't go to the film? b) What is the likelihood that a haphazardly picked grown-up go to the sea shore or the film or both? c) What is the likelihood that a haphazardly picked grown-up doesn't go to the sea shore or the film? 3. A Financial Consultant has ordered his customers as indicated by their sexual orientation and the creation of their venture portfolio (essentially bonds, basically stocks, or a decent blend of bonds and stocks). The extents of customers falling into the different classes are appeared in the accompanying table: Portfolio Composition Sex Bonds Stocks Balanced Male 0.18 0.20 0.25 Female 0.12 0.10 0.15 One customer is chosen aimlessly, and two occasions An and B are characterized as follows: A: The customer chose is male. B: The customer chose has a decent portfolio. Locate the accompanying probabilities: Find the accompanying probabilities: a) P(A) b) P(B) c) P(A or B) d) P(A or B) e) P(A/B) Answers: (1). a) Let X be the variable, at that point mean of X is sum(X)/n, n being the no. of perceptions. Along these lines mean =23.71429 b) Median is that estimation of X state which with the end goal that extent of perceptions above y is 0.5. Subsequent to organizing the information in expanding request, we get Middle =22. c) The change of X is , m is the example mean. Along these lines change =30.2381 Standard deviation = =5.498918 (2). a) Let A be the occasion of going to sea shore and B be the occasion of going to film. We are required to discover P(B) =1-P(B) =0.55 b) Here we are to discover P(AUB) =P(A) +P(B) P(AB) =0.55+0.45-0.1 =0.9 c) We are to discover P(AB) =1-P(AUB) =1-0.9 =0.1 (3). A: The customer chose is male. B: The customer chose has a reasonable portfolio. Locate the accompanying probabilities: a) P(A) =18+0.20+ 0.25=0.63 b) P(B) =0.15+0.25 =0.4 c) P(AUB) =P(A) +P(B) P(AB) =0.63+0.4-0.25 =0.78 d) P(AUB) =P(A) +P(B) P(AB) =0.63+0.4-0.25 =0.78 e) P(A/B) =(AB)/P(B) =0.25/0.4 =0.625.

Friday, August 14, 2020

Key West

Key West Key West, city (1990 pop. 24,832), seat of Monroe co., S Fla., on an island at the southwestern extremity of the Florida Keys ; inc. 1828. About 150 mi (240 km) from Miami (but only 90 mi/145 km from Cuba), it is the southernmost city of the continental United States. It is a port of entry and a cruise-ship stop, a popular resort with a tropical climate, a shrimping and fishing center, and an artists' colony. Tropical fruits are harvested, but tourism is central to the economy. Early Spanish sailors called the site Cayo Hueso (Bone Island), because of the human bones they found there. A railroad (completed 1912) linked the Keys with the mainland. It was abandoned after being damaged by a hurricane in 1935 and was replaced by the 123-mi (198-km) Overseas Highway (completed in 1938). After a severe economic decline, the federal government took over (1934) the bankrupt city. Places of interest include a sponge pier, an aquarium, a lighthouse (1846; replacing one built in 1825), Mal lory Square (a daily sunset-viewing point), and two Civil War forts. John James Audubon and Winslow Homer painted in Key West, and the city was used as a setting in the works of Ernest Hemingway , who once lived there. His home (built 1851) was made a museum, as was the Little White House, President Harry S. Truman 's personal retreat. See C. Cox, A Key West Companion (1983). The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved. See more Encyclopedia articles on: U.S. Political Geography

Sunday, May 24, 2020

Analysis Of I Want A Wife - 851 Words

Analysis: â€Å"I want a wife.† In this short essay by Judy Brady named, â€Å" I want a wife† is an ordinary essay which Brady examines the ideas of a mans’ perspective, of how women should behave, not just any women but as a wife. In the essay, wifes are said to not complain and treat their loved one the best way possible. The authors argument is saying a wife is like a robot, for example he says sarcastically, â€Å"I want a wife who will not bother me with rambling complaints about a wife s duties. But I want a wife who will listen to me when I feel the need to explain a rather difficult point I have come across my course studies. And I want a wife who will type my papers for me when I have written them.†(Brady 1 ) Brady in this short quote explains from a man needs the importance of every detail how women should behave as if they were maids. Brady is demonstrating and arguing in her essay how women are traditionally perceived and what they re expected to do because she is a wife. In the essay all of the responsibilities that a wife would have to do for the family and husband are identified. What Brady did to men in this essay was not only make them look like they re useless, but pigs. Although Brady is sarcastic in some of her essay , its as if she was saying how men disgust her and don t do anything besides undervalue women. Although Brady is sarcastic in some of her essay , its as if she was saying how men disgust her and don t do anything besides undervalue women.Show MoreRelatedAnalysis Of I Want A Wife 807 Words   |  4 Pages While gathering information to answer this piece, I read a piece titled â€Å"I Want a Wife†. â€Å"I want a wife who will take care of my physical needs. I want a wife who will keep my house clean. A wife who will pick up after my children, a wife who will pick up after Me. by Judy Brady. The wife is a large component to a functioning household, life, family and career for the man. It is true that all of these desires are something a male can do as well, but doesn’t due to the female gender role expectationRead MoreAnalysis Of `` I Want A Wife ``904 Words   |  4 Pagesand texts touch on the subjects of race and gender, they are â€Å"Black Like Them† by Malcolm Gladwell, a piece in the New Yorker magazine, â€Å"Horatio Alger† by Harlon Dalton an excerpt of Horatio Alger, a literary criticism, â€Å"I Want A Wife† by Judy Brady a satirical text as well as â€Å"I Won. I’m Sorry† By Mariah Burton Nelson which is an athletic biography and â€Å"10 Words Every Girl Should Learn† by Soraya Chemaly, an informative article as well the TEDTalk of Tony Porter called A Call To Men. The piece inRead MoreWhy I want a wife analysis860 Words   |  4 Pagesï » ¿Analysis: Why I Want A Wife by Judy Brady 1. What is the tone of the essay? Is she serious? The tone in the essay is casual, humorous, sarcastic, and sometimes ironic. The author lists multiple jobs which a wife does and is expected by many to do in many instances. She does the same jobs in her life for her husband and children but now she seems to not like to do them anymore and wants a wife for her to help out. Also, she describes the attitude of men wanting a wife in his life, so he canRead MoreAnalysis Of The Essay Why I Want A Wife 1056 Words   |  5 Pages Analysis of the Essay Why I Want a Wife? The main idea of the essay Why I Want a Wife by Judy Brady is that men s perceptions of women still adhere to traditional principles of male dominance and female submissiveness. The main purpose of this essay is to explain how men and society perceive the â€Å"idyllic woman† or better yet said, submissive wife, care giver and stress reliever. Judy Bradly effectively uses satire, repetition and the point of view to portray chauvinism and how women are exploitedRead MoreRhetorical Analysis : Why I Want A Wife707 Words   |  3 PagesIn the 1970’s the average family had a wife that would take care of all of the cooking, the cleaning, everything concerning their kids, and even caring for her husband too. They did all of this without complaining, while their husband was at work. In those times nothing less was expected from them. In the article â€Å"Why I Want a Wife† Brady uses ethos, logos, and pathos to illustrate her opinion of what a wife do in a marriage, in which she infers that wives do too much for their families. Brady usesRead MoreAnalysis Of I Want A Wife By Judy Brady1101 Words   |  5 Pagesarticle, I Want a Wife, which was published in 1972. Thankfully, in this era, women are no longer treated as servants, but are given credit for their hard work and dedication. Brady’s article was published during a critical turning point in women’s rights and feminism. Today, women are stronger, mentally and physically, than ever before. Women everywhere expect to be treated as equals, and do not tolerate the ignorant men who attempt to control them. Judy Brady, the author of I Want a Wife, was bornRead MoreAnalysis Of Judy Brady s I Want A Wife787 Words   |  4 Pagesshe wrote: â€Å"I Want a Wife†. She targeted the married couples and all males and females who are in a relationship or planning to have one. Nevertheless, it could be understood that Brady’s words are targeting other groups of people such as singles for raising awareness. Through sarcasm, the author’s thoughts and thesis seemed to be quietly impairing her audience as they go through her essay. Judy perfectly plays a wife-seeker role to mention all advantages a man can again having a wife. Meanwhile,Read MoreRhetorical Analysis Of Judy Brady s I Want A Wife1427 Words   |  6 PagesRHETORICAL ANALYSIS ESSAY Judy Brady’s â€Å"I Want a Wife† (1971) Hashim Nahari Dr.Loren Higbee Utah valley university ENGH1010 My God, who wouldn t need a spouse? The closing proclamation to Judy Brady s famous article superbly gathers its substance similarly that the paper itself flawlessly consolidated the issues in question in the second wave women s activist development. The beginning of the exposition was a women s activist cognizance raising session, amid whichRead MoreAnalysis Of Why I Am Still Want A Wife By Judy Brady1515 Words   |  7 PagesIn her essay titled â€Å"Why I [Still] Want a Wife†, Judy Brady argues that wives are automatically assigned the role of primary caretaker and homemaker in a traditional marriage. Brady states that in her marriage, she is expected to earn an income while her husband pursues a higher education, she is expected to perform all parental duties exclusively, tend to all housework, her husband’s sexual needs and desires with no regard to her own, and be a hostess while keeping quiet and doing all the aboveRead MoreThe Wife Of Bath, By Geoffrey Cha ucer Essay1487 Words   |  6 Pageswere subverted into a secondary class position that deprived them of agency and sexual satisfaction. Throughout Geoffrey Chaucer’s â€Å"Canterbury Tales,† the Wife of Bath provides didactic social commentary on the discrepancies between marriage and virginity and expounds the idea of giving sovereignty to women in relationships. Although the Wife of Bath is portrayed and characterized to some antifeminist stereotypes, her fervent and unorthodox commands enrich the reasoning behind her sexual voraciousness:

Wednesday, May 13, 2020

Annotated Bibliography On Uniform Resource Locator

URL (Uniform Resource Locator, previously Universal Resource Locator) is the unique address for a file that accessible on the Internet, is a reference to a web resource that specifies its location on a computer network and a mechanism for retrieving it. (Rouse) Most web browsers display the URL of a web page above the page in an address bar. A typical URL could have the formhttp://www.example.com/index.html, which indicates a protocol (http), use to access the file resource; a hostname/domain name (www.example.com), that identifies a specific computer on the internet; and a file name (index.html), specifies the location of a file in that computer. Like a key to the door, by entering the URL of a website in the web browser’s address line, you can get to the page in that website. Any file within the website can also be specified with a URL, like any (HTML) web page. A good URL is important to web analytics. Having the keywords inside the long URL to be user friendly, a good URL let anyone understand what the page it leads to just by taking a look at it. For example, (www.example.com/fruits/apple.html ). In this URL, we can clearly see that apple page are from fruits folder, instead of the color red folder or else. In many occasions, web analysts look at the performance of a similar set of pages as a group. The /fruits folder lets the web analyst filter, group, and look at all the data only related to all the fruit pages. (Contributor, 2011) URL Parameters are an integralShow MoreRelatedThe Internet And Its Impact On Society1648 Words   |  7 Pagesclient uses a device, they begin by selecting a browser to access a certain website or hyperlink. The browser may be Microsoft Edge, Internet Explorer, Google Chrome, Firefox, etc. They would next type in the URL address or Uniform Resource Locator, which is a reference to a resource on the Internet, in the browser. (â€Å"What is a URL?†) For example, let’s say a person types in http://www.google.com as the URL address. As they access the browser and website, through an Internet connection, the browser connectsRead MoreEvidence and Examples of the Four Learning Outcomes2455 Words   |  10 Pagesâ€Å"Summary Assignment† I learned how to read another authors works and analyze the content by evaluating what they have written. After my evaluation I was able to write a summary that assessed what I had read. The â€Å"Summary Assignment† is an anno tated bibliography and the project required to read, summarize, and assess an article in your major of study. I chose to read an article entitled â€Å"An Ethical Exploration of Privacy and Radio-Frequency Identification† written by Alan R. Peslak. After readingRead MoreThe Essentials of Project Management65719 Words   |  263 Pagesnetwork be broken down into smaller networks?-Interface activities- Milestones - Is the predicted timescale too long? -Early consideration of resource constraints 7 Scheduling 123 Resource scheduling- The role of network analysis in resource scheduling- Introducing the garage project Garage project network planning - Float - Garage project resource scheduling- Computer reports for the garage project - Conclusions- Reference Contents vii 8 Implementation 147 Project authorization -Preliminary

Wednesday, May 6, 2020

CAD/USD Exchange Rate Free Essays

The Canadian dollar has significantly appreciated against the U. S. dollar since the beginning of 2000. We will write a custom essay sample on CAD/USD Exchange Rate or any similar topic only for you Order Now The CAD/USD exchange rate (currency in USD) increased from 0. 686 to 1. 015 as of March 18, 2011. There was a trend of CAD appreciation in 2003-2008, followed by a rapid depreciation in the second half of 2008. Since the beginning of 2009, CAD has risen sharply and has been trading about at par with USD for the last two years. The recent CAD appreciation was caused by a number of factors and lead to certain economic consequences, which are discussed next. Causes of the Canadian Dollar Appreciation Appreciation of the Canadian dollar in the last years can be explained by internal factors, such as performance of Canadian economy and interest rates, and external factors, such as commodity prices and weakness of the U. S. economy. State of Canadian economy. Canada has been quickly recovering from the recent recession. For the year 2010, real GDP grew 3. 1%, following a decline of 2. 5% in 2009. Strong economy makes Canada an attractive target for investors who seek secure returns. This raises the demand for the Canadian currency and, therefore, pushes the exchange rate upward. This argument is supported by the exchange rate fluctuations in the above graph. The Canadian dollar was rising as the economy began to recover in the late 2009. State of the U. S. economy. Rise in CAD/USD exchange rate can be largely attributed to depreciation of the U. S. dollar. The U. S. dollar has historically been a safe investment target for many investors. However, now this situation is changing and demand for the currency is falling. The U. S. economy has been facing serious difficulties in the recent years. The country’s trade deficit was almost $500 billion in 2010, a 33% increase from 2009. The U. S. s also the world largest borrower with a $4,453 billion of foreign debt. Weak economy and high uncertainty are turning investors away from the American dollar, which is supported by its depreciation against other major currencies. Commodity prices. As Canada is a large producer and exporter of raw materials, the Canadian dollar is strongly affected by commodity prices. Many commodity prices, especially gold and copper, have been rising recently, making the associated industries more profitable and strengthening the Canadian economy. Strong economy, in turn, attracts more investor, and the Canadian dollar appreciated due to increased demand. Interest rate differentials. The U. S. Federal Reserved has lowered the interest rate to current 0. 25% since 2008 in order to stimulate the economic growth. Canada currently has a higher interest rate of 1% and thus attracts more investors for its short-term assets. Demand for the Canadian dollar increases and puts an upward pressure on the exchange rate. Consequences of the Canadian Dollar Appreciation Effect on trade. The exchange rate has an important impact on Canadian trade performance, especially with its largest trading partner, the U. S. The Canadian economy significantly relies on its export activity, but stronger Canadian dollar makes the country’s exports more expensive to foreigners and can decrease the trading volume. According to Statistics Canada, exports to the U. S. fell in 2009 by 36. 4%. Exports then increased slightly in 2010, but still the amount was around C$73. 6 billion under the 2008 level. To prevent their exports from falling and keep their market share, Canadian companies have to lower their price and sacrifice some profit. However, decline in exports should not be attributed only to the currency appreciation. The U. S. economical health and trade agreements also affect the trading activity between two countries. On the other side, Canadian importers benefit from the currency appreciation. Canadian manufacturers can acquire materials, machinery and equipment at a lower cost, which leads to increased capital investment and productivity growth. Thus, strong currency is harmful to exporters and beneficial to importers. The dollar appreciation decreases Canadian export and increases imports, which negatively affects the trade balance and lower GDP’s growth. However, lower import costs offset negative consequences of export decline, and the total effect of the currency appreciation becomes muted. Effect on industries and provinces. Not all industries are affected evenly by the currency appreciation. Manufacturers that heavily depend on exports of their production are affected the most. Such industries include forestry, transportation equipment, and machinery. Imported inputs, however, should also be taken into account when assessing the total effect of the appreciation. Industries that use high imported content in their production are less hurt by the rising dollar. For example, transportation equipment industry highly depends on export, but it also has high ratio of imports to production and can profit from cheaper imports. On the contrary, industries that heavily rely on exports but use low foreign content in production, such as forestry, are affected most adversely. The same logic applies to Canadian provinces. Highly export-oriented provinces such as Ontario, Quebec and British Columbia are influenced significantly by the currency appreciation. Effect on unemployment. Rising Canadian dollar makes labour costs comparatively higher and increase the total production costs in export-oriented industries. Profit margin falls, and manufacturers decrease their labour force. They also add more machinery and equipment as the imported capital become more attractive due to the appreciating dollar. For example, in 2010, manufacturing sector experienced a loss of 37,000 jobs compared to 2009. This decrease in employment can be partially explained by the stronger dollar. Effect on productivity. Stronger Canadian dollar can have a positive impact on the country’s productivity. Productivity greatly affects the country’s living standard. Improved productivity results in higher output, profits, wages and, eventually, the standard of living. As exchange rate increases, Canadian output becomes relatively less competitive in international markets, and domestic companies start to lose their profits. Competition among manufacturers gets more intense, and companies try to retain their profits by increasing their productivity through investment in more efficient machinery and equipment. Companies’ capital to labour ratio rises due to lower cost of imported equipment, and increased use of capital leads to improved productivity in the long run. With lower exchange rate, Canadian firms are more profitable and have more money for capital investment, but with stronger dollar, imported capital and materials become relatively cheaper. On the other hand, higher exchange rate makes Canada less attractive for foreign direct investment because of relatively higher labour costs. The extent of this effect is limited, but the country still loses potential productivity gains. It is important for Canada to increase its productivity and relative competitiveness for the long-run strengthening of the economy in order to make the effects the currency appreciation less severe. To conclude, the appreciation of the Canadian dollar caused by a number of factors has a considerable effect on the country’s trade balance, industries, employment and productivity. However, these causes and consequences should not be considered in isolation but rather interdependently, and fundamentals such as economic performance of Canada or the U. S. should be taken into account. How to cite CAD/USD Exchange Rate, Papers

Sunday, May 3, 2020

Human Resource Management Sustain in the Market

Question: Describe about the Human Resource Management for Sustain in the Market. Answer: Introduction Human resource management is an approach that has come into limelight in the past few decades. Human resource management helps business organisations in optimising the performances of their employees by establishing better employer-employee relations and by improving the work conditions for the employees. In the present day scenario of globalised business, it has become increasingly difficult for business organisations to sustain in the market as they are now competing with organisations from all over the world. Further, in such conditions, it also becomes very difficult for business organisations to achieve market competencies through processes or other resources as they can be easily replicated. In such conditions, business organisations can only rely upon the efficiency and performance of their human resources in achieving a competitive edge in the market and as a result, human resource management is looked upon as one of the main functional units in almost all business organisations (Mathis and Jackson, 2003). As we can see the importance of human resource management in the present day world, it is important that we discuss its advantages in details. Therefore, in this assignment, we will discuss the ways in which human resource management can add value to a business organisation as a result of its various functions. How Can Hrm Add Value To Business Organisations Let us now discuss the ways in which human resource management can add value to business organisations in the present day world: Human Resource Planning, Selection And Recruitment One of the most important functions of human resource management is selection and recruitment and helps business organisations a great deal in becoming more effective and efficient. Selection and recruitment is the process of announcing new job openings and hiring new candidates to fulfil the human resource demands of an organisation. Selection and recruitment is an important function for all types of business organisations as business organisations look for the right talent that can be recruited for the right tasks at the right time. Human resource management aims at designing selection and recruitment programs that can help the companies in testing the candidates or applicants based upon the psychometric or psychological qualities required for a particular job opening. Further, it is also important that business organisations have the right number of employees so that neither there is wastage of human resources nor a shortage i.e. human resource management ensures that there is maximum productivity and efficiency at any point of time (Smallbusiness.chron.com, 2016). Performance And Management one of the greatest ways in which human resource management adds value to an organisation is through its function of performance management. Performance management is an approach that allows business organisations in optimising the performance of individuals so that they can contribute more towards the achievement of organisational goals and objectives. Performance management aims at designing systems that convey expectations of the employers from the employees and also helps the employers in designing achievable and practices goals. Using performance management systems, organisations are able to foster an environment where the organisations has a greater focus towards performing better and helping the organisation in achieving its goals and objectives (Deadrick and Stone, 2014). Performance management systems are designed in such a way that they are able to analyse the performance of the employees on a regular basis and also provides the employers with a mean to either warn the under performers or consider them for planned separation. Further, performance management systems can also be clubbed with performance appraisals and potential appraisals to make them more effective and render efficient results. Compensation, Benefits And Rewards another important function in human resource management is the design of compensation, benefit and reward systems. It is important that the employees are given appropriate compensations that nether makes them feel underpaid nor overpaid and should also be according to the market standards for a particular job profile. Apart from compensation management, human resource management also helps business organisations in designing benefits and rewards system for employees who demonstrate excellent performances during a year and help their organisations in achieving their goals and objectives, which ultimately helps business organisations in keeping their employees motivated (Harvard Business Review, 2016). Retention Attracting New Employees another important way in which human resource management can help in adding value to an organisation is by helping a company in retaining its top talent and in attracting new talent. In the present times, talented employees have a lot of opportunities as they can switch easily between competitive companies if they feel like. Further, if the employee turnover ratio of a company is high, it results into wastage of a lot of important resources that are invested into the employees for their betterment, which makes it important that the talented employees of a company are retained. Using various concepts, such as employee engagement, motivation, job commitment, performance potential appraisals, promotions, rewards, benefits, etc. human resource managers are able to retain their employees as they feel that they have a lot of opportunities in their court if they continue working with the same company (Reddington, 2006). On the other hand, a company with good human resource policies and a large pool of talented employees is also able to build a good reputation in the market and new or fresh employees are more likely to look for such companies as compared to those which have high employee turnover ratios or do not take care of its employees. Training And Development training and development is a function in human resource management that helps business organisations in improving the technical proficiencies of their employees and also helps the employees to develop their skills. Training and development programs aim at making the employees more effective, efficient and competitive by bringing about an overall development in them. Training and development programs are not only able to develop the employees but are also able to help the employers in retaining the employees and become more competitive in the market as a result of increased competencies of their employees. It also ensures that an organisation can cope up with the latest market trends and can easily compete with its competitors in a global competition. Thus, it further helps in adding value to a business organisation (Today, 2016). Diversity Management workplace diversity, in simple words, is related with the differences that exist between various people working in a single workplace. Diversity can encompass race, gender, ethnic group, age, personality, gender, culture, education, background, conative styles, etc. Diversity in a workplace has been found to have a number of benefits for an organisation. It allows people from different cultural backgrounds and thinking in different manners to come together and create unique ideas to various problems, which ultimately gives rise to creativity and innovation. Even though diversity has a number of benefits for a company but it is very challenging to manage diversity in the workplace. If the human resource management of a company is efficient and is competitive enough to easily manage workplace diversity by promoting cross cultural tolerance and team work, an organisation can benefit a lot from its diverse workforce and can achieve new heights in the market (Gordon, 1995). Change Management human resource management allows employers to continuously work for the betterment of their workforces and to improve their competencies according to the latest trends in the market. It also allows the employers to establish better relations with them and improve their performance by fostering an environment that promotes regular changes in work habits and routine. It has been found that monotonous work habits and no changes in the workplace can make things boring for the employees and can also kill their creativity and innovating power. Human resource management adds a lot of value to an organisation by helping the employees in coping up with change programs and by making them more comfortable with regular changes. When organisations introduce changes in the workplace, there is a lot of resistance and unrest and most of the times, business organisations are not able to implement the desired changes at all. If the human resource management of a company is efficient and talented, it can take a lot of initiatives that can help the employees in becoming more prone to changes and accepting them as a positive move for the organisation as well as for their future (Todnem By, 2005). Conclusion Human resource is rightly regarded as one of the most important resource for any business organisation as it can help companies in achieving their long term and short term along goals along with market competencies. On the other hand, if a human resource management team of a company knows what it has to do and is able to perform its functions efficiently, it can make a lot of difference and can add a lot of value to an organisation. Thus, it is highly important that business organisations direct their attention towards managing their human resources in the best possible manner and achieving its benefits in the short as well as in the long run. Reference Deadrick, D. and Stone, D. (2014). Human resource management: Past, present, and future. Human Resource Management Review, 24(3), pp.193-195. Gordon, A. (1995). The Work of Corporate Culture: Diversity Management. Social Text, (44), p.3. arvard Business Review. (2016). Why HR Really Does Add Value. [online] Available at: https://hbr.org/2011/12/why-hr-really-does-add-value [Accessed 1 Dec. 2016]. Mathis, R. and Jackson, J. (2003). Human resource management. 1st ed. Mason, Ohio: Thomson/South-western. Reddington, M. (2006). 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