QUESTION 3 Essay Example | Topics and Well Written Essays - 500 words

QUESTION 3 - Essay Example Companies can adapt the principles into their policies, rules, and regulations to enhance their performance. Handling these obstacles and balancing the risks with the company growth and return goals to avoid facing challenges from uncertainty, â€Å"Enterprise â€Å" (2004) outlines internal environment, objective setting, event identification, risk assessment, information and communication, risk response, control activities, and monitoring as the eight principal factors warranting attention in that order: (1) ERM helps the company to prevent risk by creating a good environment within the firm. The risk will be identified by including risk management philosophy, risk appetite, integrity and will be monitored by the firm’s people. (2) Management should set up the objectives before identifying the risk to ensure that it aligns with the company’s mission and risk appetite is appropriately factored in. (3) A company should identify both internal and external events that have an impact on its success and distinguish between risks and opportunities. (4) A company can deal with and respond to the risks effectively by setting up and implementing policies and procedures. (5) The company should identify, capture, and communicate the relevant information across the organization in a suitable format and timeframe so that its workforce has total clarity and are accountable to their duties. (6) Management can decide a set of actions to respond to risks by avoiding, accepting, reduci ng, or sharing risk along the company’s risk tolerances guideline and risk appetite. (7) In order to manage the risks, the company should analyze the likelihood and impact of them and evaluate on an inherent and a residual basis. (8) Dynamically monitoring the whole process of activities by independent evaluations, and modifying some points when necessary represents the ultimate flexibility of ERM, rendering it complete and effective. While abiding by

Bread Givers by Anzia Yezierska Essay Example | Topics and Well Written Essays - 750 words

Bread Givers by Anzia Yezierska - Essay Example Flint is a slaveholder and owns Linda who is a black slave on his plantation. Dr. Flint is the tormenter and burden in Linda's life for all of her early years. Linda and Sara live under the ruling of these men until neither can take it any longer. Both girls eventually escape, through many struggles, to start their own life and leave their past behind. Reb Smolinsky and Dr. Flint closely relate when it comes to the topic of work and attitude. Both put their underlings to work while they do what they want with their sufficient free time. Reb Smolinsky does not work but instead lives his life studying the Torah and memorizing every aspect of it while his daughters work full time and bring home all of their wages to him, keeping nothing for themselves. His wife waits on him hand and foot while he gets the first choice for every meal set on the table. At one point in the story when they came into some money, Sarah mentions, "Now all of us had meat for the Sabbath- not only father. And sometimes Mother had a half chicken for Father" (Yezierska 29). This shows that the father almost always had either a larger portion of meat or the only portion, never feeling bad for the rest of the family. When they moved to America, Reb made his wife and children carry his Holy books "instead of taking along feather beds, and the samovar, and the bras s pots and pans like other people"(Yezierska 8). He only thought of himself and what he wanted for his daughters and wife. Reb Smolinsky's cold, selfish attitude and undesirable personality can also be seen in Dr. Flint. Dr. Flint also had his slaves waiting on him hand and foot while he got to eat whatever he wanted and tells them to do whatever it was he wanted them to do. He realizes the extent of his authority and uses it constantly as to remind Linda of the absence of her freedom and the extent of his tyranny. At one point, Dr. Flint says to Linda, "Never look to me for help. You are my slave, and shall always be my slave. I will never sell you, that you may depend upon." (Jacobs 60). Here he is making his authority and her inferiority clear to put her hopes down and raise his pride up. Even though Reb Smolinsky and Dr. Flint have similar ways of treating Sara and Linda, the basis of their treatments have different sources. Dr. Flint does not study readings of the Torah or of any religion for that matter. He seems to be against it in some ways and does not attend church regularly until a certain point in the novel. His dictatorship is based upon the fact that Linda is a slave and he treats her so. He constantly reminds Linda that she is not free and never will be unless he is present in her life. Reb Smolinsky does base all of his rules around his religion and nothing else. He tries to make Sara and his entire family live their lives under the ruling of the Holy Torah. His strict attitude is always reflected by the Torah's dictations. Although both men have similar harsh attitudes and rules for their underlings, there are also many differences between these. The Holy Torah consists of standards which are considered "right" by Reb Smolinsky and he believes that one m ust live this way in order to obtain a place in Heaven. He constantly dictates Sara and the rest of the family by quoting the Holy Torah and reminding them that this is the right way to live and they must abide by it. Dr. Flint is not so concerned with obtaining a place in Heaven or