Risk and Currently Used Form free essay sample

Joe and His Birds Many often use the idiom A bird in the hand is worth two in the bush in everyday conversations. But what does this commonly used phrase actually mean, and where did it come from? According to www. phrases. org, it means that it is better to have a lesser but certain advantage than the possibility of a greater one that may come to nothing. The origin of this proverb refers back to mediaeval falconry where a bird in the hand (the falcon) was a valuable asset and certainly worth more than two in the bush (the prey). The first citation of the expression in print in its currently used form is found in John Rays A Hand-book of Proverbs, 1670, in which he lists it as: A [also one] bird in the hand is worth two in the bush. By how long the phrase predates Rays publishing isnt clear, as variants of it were known for centuries before 1670. We will write a custom essay sample on Risk and Currently Used Form or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The earliest English version of the proverb is from the Bible and was translated into English in Wycliffes version in 1382, although Latin texts have it from the 13th century. The assumption that many people believe to be true is that having something that s certain is much better than taking a risk for more, because chances are you might lose everything. A bird in the hand is yours, and it is not going anywhere unless you let it go, but if you leave and go for two in the bush, there is no guarantee you will catch them, and you might end up with nothing in the end. In essence do not be greedy and stick with what good things you have, instead of going after things you will probably never get. Yes this does deem to be true, however if you look deeper and beyond the text, you will see that this statement can be refuted changing the whole outlook and way this proverb can be used. Lets take a look! Many achievements involve taking risks, and if you do not take risks you may not reach your ultimate goal. That leads to A bird in the hand is worth two in the bush if you are satisfied with being an average Joe. Average meaning middle, and Joe being a common first name usually of a male. An ordinary Joe, is an ordinary man who does ordinary things Just like everyone else around him. He refuses to go against the grain and branch out, overall being different from his peers. This type of person will not step outside their comfort zone in order to be successful, meaning that they stay ontent with where they are or what they are doing in life instead of challenging themselves to become even more successful. Without risk and Just keeping the one bird in your hand, you loose the ability to grow physically and spiritually hindering you to discover new things about the world and its surroundings. I would venture to say that Michael Dell of Dell computers or Bill Gates of Microsoft Corporation did not succumb to the adage of playing it safe. When it comes to risk taking, some people are terrified of taking reasonable risks, resulting in a life thats flat and lackluster. For xample: Two dollars (two birds in the bush) are significantly greater than one dollar ( one bird in hand). A homeless guy off the streets has not eaten in days and wants to buy something at the nearest fast food restaurant to eat. He has one dollar and therefore can not even buy something off of the dollar menu after tax. Contrastingly a goes hungry. Put yourself in that position. Would you risk it all if it meant you could eat and survive one more day? Or would you Just sit back and starve to death? Alternately take the example of investing in the stock market versus your average saving account. In a savings account you will never lose your deposit amount. In the stock market if the economy dips or the corporation does bad, you can actually lose some if not all of your initial deposit. Which risk will you take? The chance of sticking with the status quo, or striking it rich? According to Dan Borge, in The Book of Risk, risk means being exposed to the possibility of a bad outcome, and risk management means taking deliberate action to shift the odds in your favor. He says that we are already risk managers, since we make risk decisions every day, often without thinking about it things as simple as etting out of bed, lighting up a cigarette, getting in your car or putting money in the stock market. While you dont need to agonize over every decision, it is the big, life- changing risks that we face only a handful of times in our lives that can stop us in our tracks. But if we dont step up to the challenge, we may find ourselves living a life that bores us, that has no dynamics or color. By avoiding any kind of risk, we systematically shut down our world, making it smaller, flatter and grayer. That is why A bird in the hand is worth two in the bush if you are satisfied with being an average Joe.

7 Surprising Facts About Homeschooling

7 Surprising Facts About Homeschooling If youre new to the idea of homeschooling, you may think its just like traditional school, but without the classroom.  In some  ways, youd be right -  but there are many important differences. And those differences make homeschooling the best choice for many families.   Whether youre a new  homeschooler  or are just curious about how it works, here are seven facts about homeschooling that may surprise you. 1. Homeschoolers Dont Have to Do the Same Work as Kids in School In some states, public school students have the option to  do their work at home online. Because theyre still enrolled in the public school system, those students follow the same curriculum as kids in school. But in general, homeschoolers also have the option to create their own curriculum -  or not use a curriculum at all. Often they choose lots of hands-on activities and ​learning resources other than textbooks. So instead of trying to keep up with what students in their grade are doing, homeschooling students can study Ancient Greece while their peers study the Civil War. They can  explore states of matter with dry ice  or go  in-depth on evolution  while kids their age are memorizing the parts of a flower. The freedom to follow childrens interests is one of the aspects of homeschooling many families like best. 2. Homeschooling Parents Stay up to Date on How Children Learn and Grow To keep their teaching license current, classroom teachers may be required to attend professional development workshops. At these workshops, they study the latest information and strategies about how children learn. But research on education topics like learning styles, brain development, and the links between physical activity and memory can be found in books, magazines and websites available to the public as well. Thats why even homeschooling parents who dont have teaching degrees are familiar with the latest information on how to be a better teacher. Whats more, experienced homeschoolers -  including those with a professional background in education or child development - are very willing to offer support to other homeschoolers, whether online or at  parent meetings. So the knowledge base within the homeschool community is vast and easily accessible. 3. Its Not Unusual for Classroom Teachers to Homeschool Their Own Children Nobody knows how schools really operate better than classroom teachers. So its not surprising that  many licensed, trained, experienced public school educators decide to homeschool their  kids. As they will tell you, homeschooling lets them use their skills and experience without a lot of  red tape. At home, dedicated professional teachers can create the kind of  learning environment every child should have. 4. Were Still Waiting for a Good Study of Homeschooling You may have  read articles that claim homeschoolers do better than average on standardized tests, come from wealthier families, and homeschool mainly because of religious beliefs. None of the conventional wisdom about homeschooling is backed by rigorous scientific research, however. Most of the statistics you read were collected by groups with a vested interest in proving  that either homeschooling is a cure-all for American education or the end of civilization as we know it. The true answer is more complicated and yet to be reliably studied. 5. Lots of Homeschooling Parents Are Also Working Parents Along with the idea that homeschooling families are wealthier than average is the notion that teaching your own children means one parent must be home full time  and not working. This is not true. Homeschoolers come up with many creative ways to balance work and homeschooling. 6. Homeschoolers Dont Need a High School Diploma to Get into College Colleges have come to recognize that homeschool students are as well prepared as traditionally-schooled students for college life. Thats why they often have a special application process for  college-bound homeschoolers  that takes into account their varied backgrounds. Some homeschoolers also get around requirements for standardized tests like the SAT by taking enough community college classes while in high school to apply as transfer students. 7. Homeschoolers Can Get Many of the Same Educator Discounts as Classroom Teachers Classroom teachers know that national chains and local stores that carry school supplies, art materials, books, and teaching aids often offer educator discounts. In many cases, homeschooling parents can get these discounts too. Stores that have offered discounts include Barnes Noble and Staples. Special educator discounts extend to field trips as well. Museums, summer camps, amusement parks and other educational and recreation venues have learned that offering special events and programs for homeschoolers can boost business during slow periods. For instance, Old Sturbridge Village in Massachusetts, the Colonial-era living museum, has run popular Home School Days for several years. Some national companies also include homeschoolers in competitions and incentive programs aimed at school kids. For example, homeschoolers can earn rewards for reading from the Six Flags chain of amusement parks and Pizza Hut restaurants. Policies change, so its always a good idea to ask. You may also want to be prepared to show proof that you homeschool, such as  a letter from the school district or your  homeschool group membership card.

Managing The Supply Chain Essay Example | Topics and Well Written Essays - 2000 words

Managing The Supply Chain - Essay Example The project would also look at the production process employed by Colgate-Palmolive and the management and distribution channels. The importance of the end-user would also be examined in the paper. Colgate Procurement System (2013) identifies that the company uses a uniform and fair system of taking tenders and supplier application from producers. The company decides what to buy on the basis of quality and price offered by a supplier. The suppliers reliability, integrity, innovation and commitment to continuous improvement is a basis for decision making (Colgate Procurement System, 2013). Ethical standards are used to carry out the examination and evaluation of different suppliers. This include a number of standards and expectations that must be met by each and every supplier in the list of possible contenders. Once this is done, there are some guidelines that are used to by the Global Procurement Group to authorize a supplier. The Global Procurement Group of Colgate-Palmolive is made up of purchasing and logistic professionals from the regional units of the company. They use teamwork to guide their efforts. The group takes up tenders and quotes from suppliers around the world who fit some basic requirements. The quotes are presented to the Group and they examine and critique it. The company uses various criteria including positive discrimination techniques like identifying minority-owned suppliers and women-owned businesses. The group uses ethical business practices and high integrity levels to set goals and attain them. When suppliers are chosen, the company settles down to manage them through various technological and ICT databases and platforms that produce real-time information for decision making and guidance. Every suppliers contract is stipulated and given out to the customer when they join the supply team. The suppliers are monitored by the Internal Supply Managing the Supply Chain Essay Example | Topics and Well Written Essays - 2250 words Managing the Supply Chain - Essay Example There should be a complete realignment of the procurement system that will be followed for all raw materials, parts, and components. The activities that follow the procurement process apply to the purchase of goods and services in the industrial markets. These activities often cut across both functional boundaries on an intra-firm basis and organizational boundaries on an inter-firm basis. It needs the inputs from all the parties involved in the transactions. Hence streamlining the procurement system would maximize value for both buying and selling. The realignment of procurement system maximizes productivity by ensuring the production lines work in tandem with each other. There should be a complete integration of the inventory management and the procurement system to ensure an effective supply chain management. There ate four important purposes that are expected to achieve by the integration of the inventory management and the procurement process; they are: With the use of any readily available computer software the integration of the inventory management and procurement could be easily achieved. ... Integration of Inventory Management and Procurement System There should be a complete integration of the inventory management and the procurement system to ensure an effective supply chain management. There ate four important purposes that are expected to achieve by the integration of the inventory management and the procurement process; they are: (1) Cost savings in inventory (2) Control over the inventory (3) Reduction and control of production cycle time and (4) Improved customer satisfaction (Oracle) All the above purposes are considered the essence of an effective supply chain management and hence it is important the inventory management and procurement system of the company is integrated. With the use of any readily available computer software the integration of the inventory management and procurement could be easily achieved. With this integration the company would be able to procure materials according to production demands and the delivery time can be calculated every hour for an efficient movement and usage of stock. The company can monitor inventory information at every stage of the production cycle, including the required amount for a particular order, quantity ordered, actual shipping amounts, and delivery dates. There will be a possibility of reducing the value of inventory held at the warehouse. Production Planning System Introduction of an integrative Manufacturing Planning and Control System would ensure that the desired products are manufactured at the right time, in the right quantities, meeting the customer specifications and at minimum cost. The major elements in an integrated system include: Demand Management Aggregate Production Planning Master Production Scheduling Rough-cut Capacity