Wednesday, February 19, 2020

Roles and Responsibilities Paper Essay Example | Topics and Well Written Essays - 750 words

Roles and Responsibilities Paper - Essay Example nager, whose functions encompass planning, directing, organizing and controlling all security and safety personnel in the organization, the specific roles and responsibilities of these personnel mirror the general tasks of security and safety management. It is therefore objective of this paper to present the roles and responsibilities of a security and safety personnel in promoting and protecting the health, welfare, and assets of the organization as a whole. Security and safety personnel are enjoined to be vigilant in identifying, addressing and raising safety and security concerns to appropriate and authorized channels in the organization. Their ineptness in providing immediate action in detecting any kind of intrusion is of primary concern. Among their specific responsibilities are as follows: The role and responsibilities of security and safety personnel ensures the prevention of harm and damage to the resources of the organization. By monitoring all phases of the organization in terms of adherence to security and safety requirements, the overall health and welfare of the organization would be addressed. The organization has the basic responsibility of ensuring that safety and security needs of the personnel are being satisfied. This means their personnel should be free from physical and psychological harm, threat and deprivation. Aside from these, as systems and processes are also susceptible to other kinds of intrusion due to the onset of the internet, security management also has the task to monitor and immediately address these issues. In today’s world of advanced developments in technology, more sophisticated facilities and features on improving security and safety of personnel are available. The onset of biometrics technology provides organizations with options to update their security measures by upgrading their security system to incorporate biometrics. In cases like these, the role of security and safety personnel would definitely be affected.

Tuesday, February 4, 2020

Opion Case Study Example | Topics and Well Written Essays - 750 words

Opion - Case Study Example This case deals with how the company deals effectively with providing a service that is accurate and more than what the competition is offering. It is not very easy to give a verdict about a particular stock following its speculation in the market and people's perception but this is exactly what Opion set out to do in 2001 despite competition from the likes of a Vancouver based MindfulEye (www.mindfuleye.com) which provided a Moodscore for several stocks and Stockscores (www.stockscores.com) which provided clients with actual stock analysis based on technical grounds. Stockscores was actually superfluous because it did not provide analysis based on verbal speculation but Mindfuleye was more of a competition although none of these were considered actual competitors of Opion. Opion was a different ball game altogether. Its major product was Opion Financial Pro 1.0 which calculated hourly buzz scores on three major indices namely the Standard and Poor's 500, the NASDAQ 100 and the Dow Jones 30 Industrial Average. The basic work of Financial Pro 1.0 was to gauge fluctuations in stock values and help portfolio managers become better decision makers by analyzing how investors perceive a particular stock. Later, traditional methods were used to analyze the stock on more technical grounds. One of the major disadvantages of using such a method is inaccuracy. ... Hence Opion took three measures that advised a conjecture about a stock to be negative or positive. Relevance was of the utmost importance as trying to determine whether a particular posting is pertinent to the topic being discussed is of very high significance. Credibility came next as anyone can register on a forum and start discussions about something they may or may not know much about. So determining people who were actually familiar with the stock market lingo and characteristics was a challenge but a necessary one at that. Lastly, came influence. Any messaging or posts in a discussion forum are subject to influence from other people or even generally what is written in the forums. Influence gives wind to rumors and rumors blight credibility dramatically. These were some challenges that Opion had to face, which other companies may not have taken into consideration. Buzz scores, however may not be too accurate when looked at from a certain point of view. The case explains that there was high variance from day to day and stock to stock. While day-to-day variance may be taken into account and dealt with considering fluctuation volumes, stock-to-stock variance gave heed to inaccuracies. New economy stocks like Microsoft and Cisco obviously generate more talk and interest than old economy stocks due to the perception that these are essentially more profitable. Actually, this may not necessarily be the case. The major reason a new economy stock will be seen more optimistically is the fact that more people are talking about it and there is more speculation as to the trading of this stock. Old economy stocks may not be favorites here despite their market moving and index weight abilities. Hence, Opion was prone to get