Management Strategies Essay Example | Topics and Well Written Essays - 1750 words

Management Strategies - Essay Example This can, in part, be contributed to past analysis which has effected in a study of decision making behaviour. This analysis by various scholars has depicted the fact that decisions regarding risky organisational decisions brings out contradictory reactions. Here, we can find the essence of the dichotomy that risk taking strikes as a major aspect of business activities. Risk, in case of such decisions, is seen as a focus of single determinants of behaviour arising from risk theories. Although this approach does not conform to real life situations in an obvious fashion, it has led to potentially inaccurate conclusions about risk behaviour. Such unresolved contradictions can be reconciled by examining the usefulness of placing risk propensity and risk proportion in a more central role than has been previously recognised. Based on such analysis, it is believed that the propensity of risk dominates both the actual and perceived characteristics of the situation as a determinant of risk behaviour. Such an observation can safely justify the finding that suggests that apart from being central to any and every business or organisation, risk is something that entrepreneurs in general, are averse to. This brings us to a discussion on business and kinds of risks. Business can be conducted in any sphere of the earth - literally. Today we have a plethora of businesses on land apart from the ones on water and in air. Apart from the normal business activities, one can find airlines and maritime organisations emerging as major sectors. If we are to take the example of maritime, it is the oldest sector in terms of innovation and discoveries. There have been perils to overcome, risks to undertake, more powerful vessels to make each time, and even more powerful contracts to insure and protect the maritime entrepreneurs, as we are going to refer to these 'shipmen' in the course of this paper. Marina organisations today have spread their wings beyond mere cargo vessels and are now running good profits in the sphere of luxury liners, etc. With risks and businesses come allied industries. Insurance and financial risk management are major industries that thrive side by side with any sector in the world, for there is no area that has been spared the occurrence of risks and accidents as well as catastrophes. Maritime activities hold the promise of enormous risks, which can be analysed in its various aspects as follows, from the insurance point of view: Type and size of boats using the marina New industries established in adjacent areas Changes in the international and national regulatory environment Marina 3 Aging of the marina infrastructure Recent waterfront development Changes in response to equipment, technology and availability Logistics Identification of human and natural resources Trends in political climate and global economy These points besides being self explanatory are relevant in context of the current state of affairs. They have every potentiality of developing from minor to major crises, which explains the development and growth of the field of financial risk management. This can be attributed to the fact that at the end of the day, any loss has financial implications of its own and is deeply rooted in the genesis of risk taking and management. The above mentioned points, with a strong background of financial

Discuss and assess the parallels between cold war anti-communism and Essay

Discuss and assess the parallels between cold war anti-communism and contemporary debates about terrorism and border protection - Essay Example apparently aimed at protecting human rights by inculcating political sovereignty in the so-called ‘failed states.’ Apart from a few isolated murmurings in the West, these experiments in state-building, humanitarian intervention and policing of wayward nations were neither openly associated to an American empire nor were they labelled as imperialist. The arrival of George Bush at the White House and the terrorist atrocities of September 11, 2001 reveal the role of the U.S. in the global economy. Furthermore, the war on terror that ensued shortly after September 11 seem to have reversed the world order and ignited a debate on the role of the U.S in fostering international peace. The debate presented in this paper argues that the U.S. role seems to have accorded itself the role of maintaining a check on communism (Bamford, 2004: pp 18-47). The paper aims at exploring the analytical and historical value of the connection between terrorism, war, efforts at border protection a nd the efforts at taming communism and fostering the extension of the American empire. Some of the historical questions that the paper aims to solve include the role that the Cold War played in shaping a domineering American empire. There is also an attempt to analyze how the nature of this empire was affected by the end of the Cold War. Therefore, the paper aims at presenting a comparison between the prevailing conjecture of border protection measures and the war on terror with the origins of the rivalry between capitalism and communism. Researchers have done a critical analysis of several theoretical perspectives that shed more light on the underlying dynamics in the aggravated efforts to fight terrorism in the world.. These perspectives also highlight how these dynamics serve to entrench border protection measures, especially after the end of the Cold War. The first perspective regards to the theory of realism which emphasizes several motives that are connected to the power, national