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Probability and Statistics problem that has distribution, mean, probability and graph distribution

Probability and Statistics problem that has distribution, mean, probability and graph distribution. I’m studying for my Statistics class and don’t understand how to answer this. Can you help me study?

The Marine Expeditionary Unit (MEU) assigned to the JTF has 12 CH-46 helicopters. Each can carry 25 passengers.According to current (1980) OSD data, each has an availability of 74%. That means that on any given day, there is a 74% chance that the aircraft is mission capable.The time between helicopter failures requiring a mission abort is estimated to be 25 flying hours. These failure times follow an exponential distribution. We expect that 100 passengers will need to be flown out by helicopter. Passenger weight is normally distributed with a mean of 185 pounds and a standard deviation of 30 pounds.

(8 points) Determine and graph the distribution of the number of available helicopters.
(8 points) Find the mean number of available helicopters.
(8 points) Find the approximate 5th percentile of helicopters available on any given day. What does this number mean in the context of this mission?
(8 points) Each helicopter has a planned mission length of 2.5 hours. Find the probability that a helicopter fails requiring a mission abort in this time period. Does it matter how many hours it has been since the last breakdown?
(8 points) The number of non-combatants to be rescued in a given sortie is estimated at 100. How many helicopters should be sent to be 95% sure that enough complete the mission?
(8 points) You plan on 25 passengers per helicopter. Find and graph the distribution of total passenger weight per helicopter. Find the 95th percentile of total passenger weight.
(8 points) In your professional opinion, do you have sufficient helicopters for this mission requirement? Why or why not?

Probability and Statistics problem that has distribution, mean, probability and graph distribution

Empiricism and Positivism: Is Psychology a Science?. Introduction In trying to answer the important and complex question of whether psychology is a science, we will first take a brief look at two major philosophical influences that help to create psychology- Empiricism and Positivism. Then study the view of determinism, indeterminism and nondeterminism of different psychologists to discuss the mind and subject matter of psychology. And finally, try to compare determinism and free will and conclude writer’s view on this original question ” Is psychology a science?”. Empiricism John Locke, David Hume and David Hartley etc were the British empiricists who stressed that the important of experience in the attainment of knowledge. And the only source of true knowledge about the world is sensory experience which is information that comes to our senses or our inferences between the relationships of sensory facts. The word empirical is often used with the concept of science which implies that science used observation, measurement of the world and collecting data in the environment. This view is contrast with the Rationalists who believed that knowledge is innate and inborn. Locke maintained that the mind at birth was purely nothing, but experiences color it. This idea built into the behaviorist view of learning, like children can be made into anything that environment want it to be. The implication of empiricism on psychology include, firstly, the idea of conscious mind into simple ideas or overt behavior into stimuli response behavior and secondly, provided us the theory of association for explaining how simple elements can be combined to form complex elements or compounds. Thus the empiricist provided for psychology both a theory and methodology that most behaviorists made used of and is still influence today’s psychology. Positivism Comte, the positivist, claimed that the only things we can be sure of is thing that can publicly observable. That is, sense experience that can be shared with other people. The data of science is observable and therefore can be trusted and only scientific information can be considered valid. Anything that is not publicly observable is suspect and is rejected because it is not a proper object to study. He did not believe psychology could not become a science because the only way to study the mind is using unreliable method of introspection. To study individual, it can be objectively studied by observing their overt behavior or through phrenological analysis. There are two significant impact of positivism on psychology: firstly, Darwin’s evolution theory enabled psychology to be placed in field of biological science. Secondly, psychology can be treated experimentally under Wundt’s psychology laboratory. Determinism All determinists believe that all behavior is caused and there are three kinds of determinism: the first one is biological determinism which emphasizes that behavior can be caused by physiological conditions or genetic predisposition, for example, mental illness was caused because of the lack of neurotransmitter, dopamine, in the brain. And that people will suffer abnormal behavior. Most human behavior is genetically inherited. The second one is environmental determinism, stressed that the environmental stimulus as the determinants of human behavior. For example, behavior theory emphasizes that environmental stimulus determine our behavior. The third determinism is sociocultural determinism, it is a form of environmental determinism, but emphasizes on the cultural factors like rules, regulations and beliefs that govern human behavior. For example, everyone keep quite in the library automatically because the social norm of our culture is no talking in the library. So, the environment factor guides our behaviors. Freud and Skinner, who are both determinists, agreed with the view that human behavior is caused. The neo-behaviorist B. F. Skinner held the view that the person is not free. In his book “Beyond freedom and Dignity” (1971), he argues that behavioral freedom is an illusion. His famous concept of operant conditioning, suggested that when negative reinforcers are consider along with rewards, then almost all behavior is controlled by association of reinforcement which occur constantly in the environment. What we think that we are behaving freely is not accurate because we are merely free of negative reinforcement or its threat; our behavior is still determined by the pursuit of things that have been positively reinforcing in the past, and consists of responses that have previously been positively reinforced. When we perceive others as behaving freely we are merely unaware of their reinforcement histories and the association that govern their behavior. So, Skinner concluded that behavioral freedom is an illusion. Other determinist, Freud, also rejects the possibility of free will. Every cause of human’s behavior comes from within the individual’s own unconscious mind; for Skinner’s view, they are external. However, from the view of inductive nature of science, it is clear that total predictability is impossible. The past does not logically predict the future, if it is true for physics, does it still true for human behavior? And how much more true it is? So if the main requirement of determinism is that behavior should be completely predictable, it does not seem to bring the same reason to the free will view after all. Indeterminism Some psychologists believe that human behavior is determined but since the universe is complex, we cannot accurately measure all the cause of our behavior. As Heisnberg said, despite human behavior is determined, we cannot know at least some of causes of behavior because we change that behavior when we are attempting to observe them. Psychologists who accepted this view believing that there are some specific causes of behavior but that we cannot accurately known. For example, when studying human’s thought and behavior, just like social psychologists does in their experiment; one dependent variable can be caused by many independent variables. The problem of youngsters’ drug abuse can be caused by peer influence, family problem, personal attitudes or others factors. The drug abuse behavior is determined, but we cannot accurately measure or discover all the causes. Determinism versus Nondeterminism (Free will) Our everyday common sense understanding is that people have the ability to choose their own course of action, to determine their lives and, to this extent, have free will. Free will could be exercised within physical, political, environmental and other sociological factors. Sometimes, when we think about the concept of free will, it is also linked to the concept of responsibility; we normally think that people are responsible for what they do since they are the cause of what they do, that is they are not driven by any outsides factors. Most humanists or existentialists, like Carl Rogers, Rollo May and George Kelly etc assume that human behaviors are freely chosen and therefore cannot be tested by scientific method. This belief in free will is contrary to the view of determinism. Therefore, these psychologists are considered nonscientific. These psychologists are strongly influenced by the concept that our nature of experience and our knowledge of the external world are determined on how we interpret and define it. The universe is occupied only by the minds, and physical objects depend on and exist in individual’s mind. But the view of positivism in the nature of scientific psychology is different. They imply that behavior is determined by external events or stimuli and that people response to it passively and, to this extent, are not free. Determinism also implies that behavior is totally predictable, as they occur in a regular, orderly manner. And every human action has a cause. An important distinction can be made between compulsion on the one hand and determinism on the other hand. Free actions are free from compulsion, but this is consistent with them being determined. The view which William James proposed called soft determinism. He argued that the question of free action is depending on the type of cause our behavior has. If our actions have as their proximate cause something like conscious mind, we can see them as free, rational, voluntary, purposive actions. Some aspects of psychology are scientific and some are not. The psychologist used scientific method have provided very much useful information in every major area of psychology, for example, memory, personality, learning, perception, intelligence, motivation and psychotherapy. Empiricism and Positivism: Is Psychology a Science?
Homeland Security Missions Discussion.

Select any one of the 5 mission areas within the DHS Strategic Plan (2014-2018). Conduct analysis of ALL the mission area performance measures and select one mission area and report your deductions. Are the measures useful, logical, relevant? Are any of them odd or unusual? Why or why not? Be critical.Reading Material:DHS Strategic Plan FY2014-2018: https://www.hsdl.org/c/dhs-releases-the-fiscal-years-2014-2018-strategic-plan/Instructions: Fully utilize the materials that have been provided to you in order to support your
response. Please respond to at least two other students and provide substantive comments
that contribute something new and important to the discussion. You may challenge, support or
supplement another student’s answer using the terms, concepts and theories from the
required readings. Also, do not be afraid to respectfully disagree where you feel appropriate; as
this should be part of your analysis process at this academic level.250-300 words for post 100-150 for student responsesStudent # 1 Sean KennonFor this weeks discussion we were to select one of the 5 mission areas in the Department of Homeland Security’s Strategic Plan (2014-2018). I decided to discuss mission number 1, Prevent Terrorism and Enhance Security. Within this mission we focus on the goals of preventing terrorist attacks; preventing and protecting against the unauthorized acquisition or use of chemical, biological, radiological, and nuclear materials and capabilities; and reducing risk to the Nation’s most critical infrastructure, key leaders, and events (DHS, 2014, p. 14). Within this mission, there are submissions. These submissions are, prevent terrorist travel into the U.S., Strengthen aviation security, prevent the hostile use of nuclear materials against the homeland, and protect key leaders, facilities, and National Special Security Events. All of these sub missions are critical when it comes to preventing terrorism and enhancing the security of the homeland. They seem to hit all of the key components to reducing the risk of a terrorist attack in the U.S. It covers strategies to prevent weapons of mass destruction (WMD’s), homegrown violent extremist (HVE’s), deterring and disrupting terrorist operations, and how to strengthen the overall transportation security. One of the major things that this mission highlights is that the responsibility does not solely fall onto the DHS. They share the responsibility with other federals agencies including the Department of State (DOS), Department of Defense (DOD), Department of Justice (DOJ), and the Office of the Director of National Intelligence (ODNI). It doesn’t fall directly on federal agencies either, it is also the responsibility of state, local, and tribal partners. This is why communication is so important at all levels of government. The area I would like to highlight would be counter violent extremists in the U.S. I felt that this section was relatively short for the strong risk that these HVE’s bring to the table. They support the community base problem solving and education individuals on how to protect themselves and their communities. This is good to have this support and to cover these areas but I feel there needs to be more education at the frontline level on how to identify these individuals and for communities. If you can teach communities warning signs and potential patterns that these individuals have, maybe they get a jump on these individuals before something happens. Fusions centers come into play heavy here as well, but they are not mentioned. This was something else that I felt needed to be expanded on. Overall the mission hits all the key components of preventing terrorism and enhancing security, but there can always be ways to better these strategies. -Sean Department of Homeland Security. (2014). FiscalYears 2014-2018 Strategic Plan. Retrieved on 23 July 2020 From: https://www.dhs.gov/sites/default/files/publications/FY14-18%20Strategic%20Plan.PDFStudent # 2 MiguelConduct analysis of ALL the mission area performance measures and select one mission area and report your deductions. Are the measures useful, logical, relevant? Are any of them odd or unusual? Why or why not?Cybersecurity plays a significant role as the fourth of the agency’s six key missions. The four main objectives are: First, Strengthen the Security and Resilience of Critical Infrastructure against Cyber Attacks and Other Hazards. Secondly, Secure the Federal Civilian Government Information Technology Enterprise. Third, Advance Cyber Law Enforcement, Incident Response, and Reporting Capabilities. Lastly, Strengthen the Cyber Ecosystem. (DHS, 2015)I’ve brought this topic up in a previous class how much of a pervasive threat on the economy, national security a cyber attack can be on the nation’s infrastructure. The technological change and cyber threat from state and non-state actor that continue to alter social, economic, and political forces allow for the rapid dissemination of information and provide new means for adversaries to challenge the United States. Th DHS also came up with the national cybersecurity center which essentially coordinates information about situational awareness across a federal cyber security operation. The Cybersecurity section provides substantial policy guidance related to national cyber risk governance and management. It helps to develop departmental policy position and negotiate these positions within the interagency. It helps to redefine roles and responsibilities for the various informed, vigilant public that plays a key role in helping to secure our country against new and evolving threat. DHS also helps develop and issue cyber security advisors and best practices to federal agencies. Mainly to ensure that they are aware of the threats and vulnerabilities of the matter.Most of the measures were very useful and logical if the data is accurate on the subject. The reports of performance measures and other techniques are used to accurately evaluate the impact and effectiveness of the strategy’s, products and planning. Essentially this is where data can get to be inaccurate or manipulated to inflate data seized. So, information has to be put in accurately so performance measures can be accurate.DHS. (2014). Fiscal Years 2014-2018 Strategic Plan. Retrieved from:https://www.dhs.gov/sites/default /files/publications/FY14-18%20Strategic%20Plan.PDF
Homeland Security Missions Discussion

Nursing Care Plan for Left Knee Replacement

Share this: Facebook Twitter Reddit LinkedIn WhatsApp Student Name­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­: Elizabeth (Beth) Andrews Brief Patient History including medical diagnosis and summary of assessment findings: The patient is a 59 year old female, widowed, who entered the Braintree Rehabilitation Center for transitional care after left knee arthroplasty due to osteoarthritis. She has a history of COPD; obstructive sleep apnea; spinal stenosis; degenerative joint disease; depression; obesity; fibromyalgia; dyslipidemia; hypothyroidism; lymphedema; tachycardia; and idiopathic tremors. She experienced a pulmonary embolism in 2009. The total knee replacement (TKR) was conducted at Metrowest/Leonard Morse Hospital on 5/21/12. The patient was transferred to Braintree Rehabilitation Center on 5/24/12. She had difficulty emerging from anesthesia and experienced urinary retention. She subsequently emerged from anesthesia and the urinary retention resolved. A neurological consult was ordered to assess the patient’s difficulty emerging from anesthesia; no source of this difficulty was identified during examination. The consultation suggested that her lethargy might be attributable to oxycodone (patient is allergic to milnapricine and several other drugs) which the patient takes for ongoing pain and fibromyalgia. The patient has otherwise experienced good recovery with physical therapy 1-2 hours per day/5 days per week. She continues to experience edema of the left operative extremity; no thromboembolus was identified and her physician ordered an additional diuretic. Her incision was healing well with no local swelling, warmth, or exudates and the wound erythema was receding from the marking drawn around the incision. Staples remained intake. The patient is a former smoker with COPD; she quit smoking just prior to the current surgery and seems to be managing this well. She is obese and indicates that she struggles with this and is aware of the relationship of her obesity to her osteoarthritis and current procedure as well as to other current and potential diagnoses. Her past medical history is noteworthy for fibromyalgia from which the patient experiences considerable disability. She associates the onset of fibromyalgia subsequent to being involved in a physically and emotionally abusive intimate adult relationship and to self-described post traumatic stress disorder relative to childhood sexual abuse. In addition, her past medical history is noteworthy for obstructive sleep apnea; patient uses a CPAP. The patient is widowed and lives alone in Natick. She has four children who live locally and whom she indicates are very supportive. One son comes to her home everyday to cook her dinner. The patient does not cook for herself and is maintained during the day with tea until her son comes to make her dinner. The patient is very focused on understanding and accessing information about her conditions/diagnoses and treatments. When I first met her, she was reviewing information provided to her by the transitional care unit pertaining to difficulties in emerging from anesthesia and about her medications. The patient’s life appears to revolve around her illnesses and conditions; she describes herself as a multiply disabled person. She does not leave her home very much except to attend medical appointments and is highly dependent upon her family for her needs and care. The patient reports that depression is a significant factor in her life related to prior physical, emotional and sexual abuse and to her general state of disability. The patient is noteworthy for high level of health seeking behavior and a high degree of medicalization. According to the patient, her home is outfitted with multiple assistive devices which include a CPAP, a walker, a cane, an electronic chair to take her upstairs and a bidette to help her with personal hygiene. In spite of her many disabilities, the patient is progressing well and will be discharged in about a week. Additional Nursing Diagnosis without Care Planning Specification Activity Intolerance Acute Pain Anxiety Chronic Low Self Esteem Chronic Pain Deficient Diversional Activity Depression Disturbed Body Image Disturbed Sleep Pattern Disuse Syndrome Fatigue Health Seeking Behaviors Hopelessness Imbalanced Mobility: Greater than Body Requirements Impaired Bed Mobility Impaired Comfort Impaired Communication Impaired Gas Exchange Impaired Individual Resilience Impaired Physical Mobility Impaired Social Isolation Impaired Transfer Ability Impaired Walking Ineffective Activity Planning Ineffective Breathing Pattern Ineffective Coping Post Trauma Syndrome Powerlessness Readiness for Additional Health Seeking Behavior Risk for Cardiac/Vascular Complications Risk for Caregiver Role Strain Risk for Complications of Deep Vein Thrombosis Risk for Complications of Musculoskeletal Dysfunction Risk for Constipation Risk for Falls Risk for Hypothermia Risk for Impaired Cellular Regulation Risk for Impaired Skin Integrity Risk for Ineffective Respiratory Function Risk for Infection Risk for Injury Risk for Loneliness Risk for peripheral Neurovascular Dysfunction Sedentary Lifestyle Self Care Deficit NANDA Approved Nursing Diagnosis I Impaired Physical Mobility Client’s Medical Diagnosis: Osteoarthritis, degenerative joint disease, spinal stenosis, status post total left knee replacement, fibromyalgia, obstructive sleep apnea, obesity, dyslipidemia, hypothyroidism, lymphedema, tachycardia, idiopathic tremors Definition : “A limitation in independent, purposeful physical movement of the body or one or more extremities” (Ackley

WU Wk 9 Biopsychology Sleep Sleep Disorders & Biological Process Discussion

term paper help WU Wk 9 Biopsychology Sleep Sleep Disorders & Biological Process Discussion.

I’m working on a psychology multi-part question and need a sample draft to help me understand better.

Sleep and Sleep DisordersSleep is a necessary biological process, even if we do not yet fully understand why it is necessary. Humans will spend about one-third of their lives asleep. Although many people proudly proclaim how little sleep they got the previous night, research continuously demonstrates the negative impact of sleep deprivation on cognitive function and overall health. There is currently a movement to measure, quantify, and optimize sleep, but some researchers argue that the fixation on getting the “best” sleep may just lessen the quality of sleep.There are many types of sleep disorders that affect different parts of the night’s sleep. Sleep can be broken down into Non-Rapid Eye Movement (NREM) and Rapid Eye Movement (REM) phases. NREM sleep disorders, including sleepwalking and night terrors, occur during the NREM stages. REM sleep disorders, the most common of which is REM Behavior Disorder, occur during REM sleep and involve the sleeper physically acting out their dreams. Other disorders involve dysfunction of the circadian rhythm, making it difficult for the individual to maintain a regular sleep-wake cycle. One of the most widely known sleep disorders is insomnia. There are many treatments including biological approaches, such as sleep hygiene, and pharmacological approaches, such as sleeping pills.For this Assignment, you will write a 4- to 5-page APA-style paper about sleep and sleep disorders. You will include the stages of sleep, how people cycle through those NREM sleep and REM sleep stages each night, and biological and pharmaceutical means commonly used to treat sleep deprivation. Finally, you will identify a common sleep disorder and discuss the biological basis of the disorder as well as how it is treated.To prepare:Review this week’s Learning Resources about sleep and sleep disorders.Select a sleep disorder, other than insomnia, and research its neurologic basis and common treatments.Conduct additional research as necessary to support your Assignment and be prepared to properly cite all of the sources used in the preparation of your Assignment.By Day 7In a 4- to 5-page APA-style paper, address the following:Define the stages of NREM sleep and describe how clinicians identify its different stages.Define and describe REM sleep and explain how it differs from NREM sleep.Provide an overview of how a person cycles through the stages during the course of a night’s sleep.Describe at least one effect of sleep deprivation on the body and on the brain.Then, explain what is meant by sleep hygiene and whether it is effective. Describe how sleeping pills interact with the brain regions that promote sleep and wakefulness you described in the Discussion.Identify the sleep disorder you selected and describe its neurologic basis. Describe common treatments for the disorder, including how the treatments work and their efficacy.Support your Assignment with specific references to all resources used in its preparation. You are to provide a reference list for all resources, including those in the Learning Resources for this course.Learning ResourcesRequired ReadingsBeil, L. (2018). The clean cycle. Science News, 194(2), 22–26.Breedlove, S. M., & Watson, N. V. (2019). Behavioral neuroscience (9th ed.). New York, NY: Oxford University Press.
Chapter 14, “Biological Rhythms, Sleep, and Dreaming”Cronin-Golomb, A. (2016). Great nature’s second course: Introduction to the special issue on the behavioral neuroscience of sleep. Behavioral Neuroscience, 130(3), 267–270. doi:10.1037/bne0000147Kelly, R. M., Healy, U., Sreenan, S., McDermott, J. H., & Coogan, A. N. (2018). Clocks in the clinic: circadian rhythms in health and disease. Postgraduate Medical Journal, 94(1117), 653–658. doi:10.1136/postgradmedj-2018-135719Shokri-Kojori, E., Wang, G.-J., Wiers, C. E., Demiral, S. B., Guo, M., Kim, S. W., … Volkow, N. D. (2018). β-Amyloid accumulation in the human brain after one night of sleep deprivation. PNAS Proceedings of the National Academy of Sciences of the United States of America, 115(17), 4483–4488. doi:10.1073/pnas.17216941154488. Sie, M. (2013). An update on sleep disorders and their treatment. Progress in Neurology and Psychiatry, 17(5), 15–23. doi:10.1002/pnp.299An update on sleep disorders and their treatment by Sie, M., in Progress in Neurology and Psychiatry, Vol. 15/Issue 5. Copyright 2013 by Wiley Interface Inc. Reprinted by permission of Wiley Interface Inc via the Copyright Clearance Center.Walker, M. P., & van der Helm, E. (2009). Overnight therapy? The role of sleep in emotional brain processing. Psychological Bulletin, 135(5), 731–748.Xie, L., Kang, H., Chen, M. J., Liao, Y., Thiyagarajan, M., O’Donnell, J.,. . . Nedergaard, M. (2013). Sleep drives metabolite clearance from the adult brain. Science, 342(6156), 373–377. doi:10.1126/science.1241224Sleep drives metabolite clearance from the adult brain by Xie, L, in Science, Vol. 342/Issue 6156. Copyright 2013 by American Association for the Advancement of Science. Reprinted by permission of American Association for the Advancement of Science via the Copyright Clearance Center.Required MediaFoster, R. (2013, June). Russell Foster: Why do we sleep? [Video file]. Retrieved from https://www.ted.com/talks/russell_foster_why_do_we…Note: The length of this media is approximately 22 minutes.Galicia, E. (2015). What is sleep? [Video file]. Retrieved from Note: The length of this media is approximately 5 minutes.Marcu, S. (2013, January). Shai Marcu: The benefits of a good night’s sleep [Video file]. Retrieved from https://www.ted.com/talks/shai_marcu_the_benefits_…Note: The length of this media is approximately 6 minutes.Sinauer Associates, Inc. (Producer). (n.d). Biological rhythms. Available from https://oup-arc.com/access/breedlove9e-student-res…
Animation 14.2 with your textbookNote: The length of this media is approximately 5 minutes.Sinauer Associates, Inc. (Producer). (n.d.). Sleep mechanisms. Available from https://oup-arc.com/access/breedlove9e-student-res…
Activity 14.2 with your textbookNote: The length of this media is approximately 4 minutes.Walker, M. (2019, April). Matt Walker: Sleep is your superpower. [Video file]. Retrieved from https://www.ted.com/talks/matt_walker_sleep_is_you…Note: The length of this media is approximately 19 minutes.Optional ResourcesOptional ReadingsAkintomide, G. S., & Rickards, H. (2011). Narcolepsy: A review. Neuropsychiatric Disease and Treatment, (1), 507–518. Retrieved from http://www.ncbi.nlm.nih.gov/pubmed/21931493Note: You will access this resource through the Walden Library databases.Schumpeter: Sleepless in Silicon Valley. (2019). Economist, 431(9143), 59. Note: You will access this resource through the Walden Library databases.
WU Wk 9 Biopsychology Sleep Sleep Disorders & Biological Process Discussion

Diversification Is One Of The Growth Strategies Companies Marketing Essay

Diversification strategy involves expanding organization’s operations by adding markets, services or product to the existing business. The main aim of diversification is to allow the firm to enter lines of business that are different from existing line of business. If the new venture is related to the existing lines of business, then it is called concentric diversification. On the other hand conglomerate diversification takes place when there is no common line of strategic relationship between the fresh and old lines of business. (Thomas n.d.) Concentric diversification occurs when a company adds related products or markets. The objective of concentric diversification is to obtain strategic fit. Strategic relationship allows a firm to achieve synergy. Synergy is combining two or more parts of an organization to achieve greater total effectiveness together than would be experienced if the efforts of the independent parts were summed. Synergy might be obtained by combining companies with complementary marketing, financial, operating, and management efforts. Financial synergy can be obtained by combining a firm with sound financial resources but giving less growth opportunities with a firm having great market prospective but weak financial possessions. Companies try to stabilize income by diversifying into businesses with diverse cyclical sales patterns. Strategic relationship in operations will result in synergy by the balanced mix of operating units to increase overall efficiency. Overall efficiency can be improved by combining two or more units so that research and development or duplicate equipment is eliminated. Another way to obtain operating synergy is possible by Quantity discounts through combined ordering. Yet another way to increase efficiency is to spread into an area that can use by-products from existing operations. Management synergy can be obtained if administration expertise and experience is applied to different types of situations. The experience gained by a manager in working with unions in one firm might be applied to labour management problems in another company. Situations that appear similar may actually require significantly dissimilar management strategies. Personality clashes and other situational differences may make management synergy difficult to attain. Even though managerial understanding and skills can be transferred, individual executives cannot transfer effectively. CONGLOMERATE DIVERSIFICATION This is second form of diversification strategy. Conglomerate diversification occurs when an organization diversifies into areas that are not related to its current line of business. Synergy may be a consequence of financial resources or the appliance of management expertise; however the main purpose of this type of diversification is improved effectiveness of the acquiring firm. Little concern is given to obtain marketing or production synergy with conglomerate diversification. The main reason for adopting a conglomerate growth strategy is that prospects in an organizations current line of business are not that attractive. Finding an attractive investment opportunity requires the organization to consider options in other types of business. Companies also adopt conglomerate diversification approach as a means of increasing the growth rate of the companies. Sales growth may make the company more lucrative to investors. Growth will result in increase of the control and respect of the firm’s top executives. If the new area has development opportunities greater than the current line of business then conglomerate growth will be effective. But the biggest backdrop about conglomerate diversification strategy is the escalating in administrative related problems associated with operating unrelated line of businesses. Managers from different departments may have different backgrounds and may be hesitant to work together and bring out group efforts. Competition between different strategic business units for resources may include allocating appropriate resources from one division to another. These decisions may create enmity and administrative problems between the units. Carefulness must also be exercised in entering industry with apparently bright prospects, in particular if the management team lacks ability or experience in the new line of business. Without some understanding of the new industry, a company may be unable to accurately estimate the industry’s capacity to perform. Even if the newly started business is initially successful, it will eventually face obstacles. Executives from the conglomerate will have to involve themselves in the strategies of the new venture at some point. Without sufficient skills or experience, the new business may face dead ends and threats of failure. Without some form of strategic fit, the joint performance of the individual units will not surpass the performance of the units functioning independently. In actuality, combined performance will come down because of controls positioned on the individual units by the parent corporation. Decision-making may turn out to be slower due to longer review periods and complex reporting systems. DIVERSIFICATION: GROW OR BUY? Efforts to diversify may be either internal or external. Internal diversification happens as a firm enters a different, but typically related, line of business but by developing a new line of business for itself. Internal diversification in a company generally involves growing a firm’s product or market base. External diversification may accomplish the same result; however, the company ventures into a new area of trade by purchasing another corporation or business unit. Mergers and acquisitions are common examples of external diversification. INTERNAL DIVERSIFICATION One way of internal diversification is to sell existing products in new markets. An organization may elect to widen its geographic base to cover new clients, either within its home country or in global markets. A business might also practise an internal diversification strategy by discovering new users for its current product. Finally, companies may try to change markets by escalating or declining the price of products to create them more appeal to customers of different earnings levels. Another way of internal diversification is to promote new products in existing markets. Normally this kind of strategy includes using existing channels of distribution to promote new products. Retailers frequently change product lines to take in new items that come into sight to have good market prospective. Johnson

AIMD Effects of Technology on My Future Professional Life Essay

AIMD Effects of Technology on My Future Professional Life Essay.

I’m working on a business writing question and need a sample draft to help me understand better.

Effect of Technology on Your Future Professional LifeDo some research in ABI inform exploring how technology may affect your expected life profession. You can also use other accurate sources if you don’t find relevant sources within ABI. You should have at least two in-text citations and a reference list. Do not copy and paste from your research sources. Create your own description of the way technology will affect your future professional life, and reference some research articles to support your argument. Your submission should be the equivalent of a single spaced page in length. Feel free to provide more, but make your submission at least one page single spaced, size 12 font. Include a title in the document.You can create your document in Word and upload to your Website Drive folder converting it to Google format (explained earlier) or create a Google doc directly. Either way, store the Google doc in your Website folder.Your submission should include:TitleBody of workDocument body with at least 2 in-text citationsReference list
AIMD Effects of Technology on My Future Professional Life Essay