Writing a reflective essay
Thursday, August 27, 2020
21st Century Education Essay Example | Topics and Well Written Essays - 1500 words
21st Century Education - Essay Example This examination plots that over the most recent couple of hundreds of years, training has become increasingly more accessible to individuals and to a great extent on account of the innovation of the print machine and different methods for spreading composed material, which has been the most extraordinary vessel for information proficiency. Therefore, it has expanded, and when 100 years prior we may have said that an individual is knowledgeable essentially in light of the fact that they realized how to peruse and compose, today those are minor fundamentals in training, and a lot of individuals with proficiency aptitudes, yet they don't qualify as instructed. Indeed, even information without anyone else doesn't get the job done for one to be instructed, ââ¬Å"Familiarity with a rundown of words, names, books, and thoughts is a remarkably poor approach to judge who is well-educatedâ⬠. Being taught today implies that one needs to have information, yet additionally the expert, soci al, and moral abilities that accompany it, just as involvement with managing people.From this paper it is clear thatâ many workmanship schools show aptitudes, which are not especially explicit to any activity. For instance, an understudy from the workforce of Education can utilize a similar degree to apply and presumably find a new line of work, as a client relations supervisor in a firm yet there are individuals who go to class to contemplate the last mentioned. The aptitudes learnt in Arts College are flexible and can be applied in an assortment of fields.à However, a portion of the current callings can't be drilled by any individual who isn't qualified and affirmed for them.
Saturday, August 22, 2020
Organizational Leadership Philosophy Essay Example for Free
Authoritative Leadership Philosophy Essay The elements of my authority reasoning which I accept will be best have been summed up into three pages. It is undisputable that vision, values, initiative turn of events, overseeing change, care for officers and their families and a comical inclination are exceptionally significant components in an administration reasoning. It is in this that I have a conviction of the belief system that, a military chief must have an individual way of thinking since it will upgrade achievement of a complete and coordinated perspective on life which is of basic quintessence. Individual way of thinking is subsequently of outright need since it gives an establishment to different regions throughout everyday life. To begin with, vision is one of the most significant components to be put getting looked at while making an administration reasoning. One of this is the way that, vision should be hopeful so as to mirror the psychological model of the association for the present and later on. It should likewise have the attributes of propriety, reason, bearing and norms of greatness (Wallace, 2008). It must be easy to see, all around enunciated and yearning. The hierarchical vision which compares to commanderââ¬â¢s aim can be isolated into three ideas. Activity is utilized to depict the purpose of the administrator. Object is the thing that brings together the activities and includes what the association is intended to do. In conclusion, endstate is the conclusive outcome that has been accomplished. From the above point of view, the vision I have imparted ought to be comprehended and shared by everybody in the association in the event that we are to accomplish our goal. We ought to likewise apply the idea of vision and amendment where our vision goes about as a way-point which is dependent upon alteration en route Value is the subsequent component and it involves the profound quality and temperances which should frame the focal topic of the human instinct. As an association, the estimations of the U. S. armed force are the establishment to offer support to the nation. The seven significant qualities which direct this way of thinking can be basic in any association which incorporates steadfastness, obligation, regard, benevolent help, respect, uprightness, and individual mental fortitude. The qualities are good rules for each fighter to lead us through the scholarly person, passionate and philosophical issues that encompass our lives and association. Each pioneer ought to consequently cling to the seven qualities and guarantee that they assume the focal job in their administration theory. Hierarchical achievement relies upon the estimations of the organization, its stand and the conviction of its kin. Individuals who imagine that we can't change or train esteems aren't right and ought to in this manner go for fundamental preparing in the US Marine Corps model. What's more, I accept that absence of enough conversation and comprehension of qualities is the significant purpose behind deceptive conduct which the media features. It is my obligation along these lines to set up a conventional preparing program that will upgrade esteems inside the military. Thinking about each other is the third component of my authority reasoning similarly as it is underlined by the warriors. This sort of care stretches out to every others, for example, guaranteeing that troopers and their families are dealt with. This is in as guaranteeing that, any strategic forward is effectively practiced. This may show up as serious objectives yet them two must be effectively practiced by a capable pioneer. Taking great consideration of my troopers will include guaranteeing quality life, security, family support, legitimate gear and preparing, and auspicious acknowledgment of greatness. This viewpoint is enormously agreed inside the military as the property is accentuated in type of a forceful program which accommodates and serves the officers government assistance as a basic impetus that guarantees unit holding. The maximum capacity of an officer is arrived at when their pioneers are caring since current battle needs love and care of fighters and soldiering. Pioneer improvement is another component comprised of three significant segments which incorporate proper tutoring, pioneer preparing and strengthening. Among the expert preparing I mean my warriors to experience incorporate the Basic just as the Advanced Non-authorized Officer Course, and numerous different courses that will advance proficient turn of events. In spite of the fact that the formal instructive courses may crash into preparing and activities, subordinates must get these preparation to hone their specialities. Pioneer advancement is a ceaseless procedure and I will elevate participation to formal training to enhance our expert improvement programs (Wallace, 2008). I will likewise guarantee that subordinates are enabled through appointment of obligations to energize the development of initiative inside the association The following component which is inescapable will be to oversee change. Visit organization, scaling back, present day innovation, and expanded faculty and tasks rhythm will require the military to manage colossal change. My crucial reason for the association will obviously expand the need to oversee change since it will be essential for general improvement. Utilizing assorted variety is another component of administration theory which is frequently disregarded by numerous individuals. Officers from various ethnic, religion, racial experience foundations ought to be prized since they increase the value of the association. The instrument that I expect to use to guarantee that assorted variety is refreshing incorporates open-entryway approach, perceivability and little gathering meetings in the association. In addition, any work force who don't esteem decent variety won't go on without serious consequences. In conclusion, keeping up a comical inclination should be saved since it is a significant component for diffusing strain (Wallace, 2008). Funniness is significant in creating individual compatibility and improving the collaboration soul. References Wallace, A. (2008). Hierarchical initiative: Major Principles for Effective Leadership. A Journal of Human Resource Planning, Vol. 45, p. 23-32
Friday, August 21, 2020
Essay Topics For Job Test
Essay Topics For Job TestThere are many essay topics for job test. To be the best essay writer, you need to have all the options and possibilities before you write your essay. You can be inspired from other people's essays and tips. This will allow you to apply the right writing tips to your project and compose the best essay that you can write.After you know what kind of essay topic to choose, it is a good idea to choose the topic based on your knowledge. If you do not have any experience, you might be trying to choose the topic that will show how much you know. For this, you can read the other test papers of the student who already took the same job, so you can know how he wrote his topic. This way, you can be able to determine which topic is more appropriate to your own writing.Once you know which topic to write, it is time to think about the structure. Keep in mind that the structure of your essay is not to make the reader to read all the way to the end of the paper. It is more o f making him want to keep reading it. So, the more questions that you answered, the better it is.Now, you have to come up with a good topic. In that case, you can use the samples given by some other students of the job. This is a good idea because you have to include the different characteristics that make the different samples unique. It is also necessary that the topic you write is not too complicated, since that may be a hindrance for you to finish it in time.Before writing the topic, you also need to check the grammar and style. You can check it by looking at some samples you have already read. There is also a chance that some students can provide you with a sample that you can copy. Make sure that you are using the proper spelling and grammar in the article. It is important that you ensure that all your facts and information are correct.When writing the information that you want to emphasize, it is necessary that you have a plan. You should have some idea where you are going to start and what you are going to do when you reach the conclusion. Of course, you must not just list down all the information, but try to tell the readers something about the topic. Use your ideas that you learned during the lessons that you have attended. Also, use the information that you have gained through articles or books that you have read.Make sure that the contents of your article is something that will persuade others and not just be a story that will be hard to understand. This is the very first thing you should pay attention to when writing an essay and you have to learn how to write about information that people need to read. There are some topics that will make the readers feel the need to think for a second or two.So, if you want to know how to write your topic for your job test, you can read the different articles to help you decide which topic is appropriate for you. Always remember that your topic for the test is important and the best way to determine which one is best for you is to study. The information you take from the test will help you in your future jobs.
Monday, May 25, 2020
What Are the Features of a Standard Deck of Cards
A standard deck of cards is a commonà sample space used for examples in probability.à A deck of cards is concrete.à In addition, a deck of cards possesses a variety of features to be examined. This sample space is simple to understand, but yet can be utilized for a number of different kinds of calculations. It is helpful to list of all of the characteristics that make a standard deck of cards such a rich sample space. While anyone who plays cards has encountered these traits, it is easy to overlook some features of a deck of cards.à Some students who are not as familiar with a deck of cards may need to have these features explained to them. Features of a Standard Deck of Cards The deck of cards that is being described by the name standard deck is also known as French deck. This name points to the decks origins in history.à There are a number of important features to be pointed out for this type of deck. The main items that are necessary to know for probability problems are the following: There are a total of 52 cards in a deck.There are 13 ranks of cards. These ranks include the numbers 2 through 10, jack, queen, king and ace. This ordering of the rank is called ââ¬Å"ace high.â⬠In some situations, ace ranks above king (ace high). In other situations, the ace ranks below the 2 (ace low).à Sometimes an ace can be both high and low.There are four suits: hearts, diamonds, spades, and clubs.à Thus there are 13 hearts, 13 diamonds, 13 spades, and 13 clubs.The diamonds and hearts are printed in red. The spades and clubs are printed in black.à So there are 26 red cards and 26 black cards.Each rank has four cards in it (one for each of the four suits).à This means there are four nines, four tens and so on.The jacks, queens, and kings are all considered face cards. Thus there are three face cards for each suit and a total of 12 face cards in the deck.The deck does not include any jokers. Probability Examples The above information comes in handy when itââ¬â¢s time to calculate probabilities with a standard deck of cards. We will look at a series of examples. All of these questions require that we have a good working knowledge of the composition of a standard deck of cards. What is the probability that a face card is drawn?à Since there are 12 face cards and 52 cards total in the deck, the probability of drawing a face card is 12/52. What is the probability that we draw a red card?à There are 26 red cards out of 52, and so the probability is 26/52. What is the probability that we draw a two or a spade? There are 13 spades and four twos.à However, one of these cards (the two of spades) has been double counted.à The result is that there are 16 distinct cards that are either a spade or a two. The probability of drawing such a card is 16/52. Mixmike / Getty Images More complicated probability problems require knowledge about a deck of cards as well.à One type of this problem is determining the likelihood of being dealt certain poker hands, such as a royal flush.
Friday, May 15, 2020
Causes Of Unemployment In Nigeria - 1482 Words
CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Unemployment describes the condition of the people without jobs. It is a global trend that mostly occurs in developing countries of the world which not only affects them socially but psychologically. Nigeria economy since the attainment of political independence in 1960 has undergone fundamental structural changes. The Nigerian economy relatively grew in the greater parts of the 1970ââ¬â¢s with the respect to the oil boom. The outrageous profits from the oil boom encouraged wasted expenditures in the public sector; dislocation of employment factor also distorted the revenue bases for policy planning. Unemployment in Nigeria is one of the most critical problems the country is facing. The globalâ⬠¦show more contentâ⬠¦Other Initiatives were also created such as Industrial Training Fund (ITF), National Poverty Eradication Programmes (NAPEP), Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) but reaching fewer than 100,000 youths in a year. These Initiatives struggle to transform the lives of Nigerian Youths because of their - Limited scope and scale - Limited focus on the unique needs of young Nigerians - Outdated and theoretical training models - Distance from grassroots - Poor collaboration and co-operation across sectors. Privatization and commercialization of certain government establishments have led to workers been laid off from jobs resulting in unemployment. 1.2 STATEMENT OF THE PROBLEM Nigeria is endowed with diverse and infinite resources both human and natural. However the years of negligence and adverse policies have led to under-utilization of these resources. These resources have not been effectively utilized in order to yield maximum economic benefits. This is one of the primary cause of unemployment. Unemployment has been a problem in Nigeria especially since the 1980ââ¬â¢s whenShow MoreRelatedCauses Of Unemployment And Its Effects On The Health Of A Country s Economy1350 Words à |à 6 PagesEmployment is an activity or the like that occupies a person s time. Unemployment on the other hand can be simply defined as when a person in search of ââ¬Å"employmentâ⬠or ââ¬Å"jobâ⬠is unable to find employment or work. It is also said to be when an individual of working age seeking a job is unable to obtain any. Unemployment is a criteria used to diagnose the health of a countryââ¬â¢s economy health. It is a big challenge the country Nigeria has battled with for years now and has maintained a rising trend overRead MoreYouth Unemployment in Nigeria1200 Words à |à 5 PagesYouth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154, 729,000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1, 4011. Nigeria also has the second largest economy in Africa. If I may ask, is this country not blessed? Yet, it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government andRead MoreA Critical Appraisal Of Nigeria s Regional Security Challenges1582 Words à |à 7 Pages To find the root causes of insecurity, one must look at society as a whole, and in Nigeria it is not necessary to dig very deep: increases in unemployment, poverty, and inequality have created frustration and alienation amongst large sections of the population, which in turn has led to social division. The lack of development that has created this environment is manifested in the violence and insecurity that plagues parts of the nation. The lack of development within Nigeria has created a fertileRead MoreEssay About Made In Nigeria Business997 Words à |à 4 PagesA two-day dialogue and sensitisation with stakeholders on the promotion of Made in Nigeria Products by CSOs Coalition for Made in Nigeria Products (CONMAP) in collaboration with Federal Ministry of Science and Technology (FMST) was held late June at Edinan Hotel, Uyo, Akwa Ibom State. The event, facilitated by the NGO Network, a national Not-for Profit entity, was a follow-up to the 2017 National Expo organised by the Federal Ministry of Science and Technology, held in April at the Eagle SquareRead MoreThe Relationship Between Inflation And Unemployment On Growth1553 Words à |à 7 Pagessound macroeconomic policy are maintenance of relative stability in domestic prices, attainment of a high rate of employment or full employment and achievement of a high rapid and sustainable economic growth. The relationship between inflation and unemployment on growth remains a controversial one in both theory and empirical findings. Originating from the Latin American context in the 1950s, the issue has generated an enduring debate between structuralists and monetarists. The structuralists believeRead MorePopulation Growth And Poverty: Nigeria1166 Words à |à 5 Pageschallenges that people have to face and Nigeria is no exception. Nigeria, a country located in West Africa, i s the sixth most populous country in the world with a total population of over 167 million (Rosenthal). The issues that Nigeria goes through as a result of population growth are just a few of the issues that many other populated countries face worldwide. The high rates of unemployment, crime, poverty as well as lack of health and education in Nigeria are just some of the many factors that areRead MoreA Project Of The World Bank Essay1064 Words à |à 5 Pagesaddressà a project of the World Bank in Nigeria that created problems for the nation, and especially the people therein, that received its assistance. ââ¬Å"If you love your life, move out!â⬠the officers shouted (Chavkin, Hallman, Hudson, Schilis-Gallego, Shifflett, 2015). These are the only kind words these 9,000 residents will hear as they carry what belongings they can away from their homes (ââ¬Å"Nigeria,â⬠2014). I speak of the tragedy of Badia East, a slum within Lagos, Nigeria. The state government chose toRead MoreFactors That Affects The Global Economy And Its Impact On The Nigeria And Egypt Economy1568 Words à |à 7 Pages Introduction The main purpose of this study is to determine the factors that affects the global economy and their impact on the Nigeria and Egypt economy. In 2007, the financial crisis, which later extended to the global financial crisis began in the United States of America. The origin and elements of the 2007/2012 global financial crisis have been widely discussed in the literature throughout the period. The aim of this work is to, however, try to point out the reasons and also the macroeconomicRead MoreOil Shortages And Its Effects1464 Words à |à 6 Pagesyears countries have been using conventional oil extensively and soon the world will have supply shortages of oil which will have many negative effects on our lives. Some of the effects include increased debt defaults, rising interest rates, rising unemployment, disruption of exporting oil, more recession to happen, and drop in market value of bonds. Conventional oil has been used a lot in the past decades and for many reasons, unfortunately the world is running out of conventional oil and it has someRead MoreRapid Population Growth : A Country With The Largest Human Population1378 Words à |à 6 Pagestechnology such as immunization and antibiotics after World War II, which led to vastly rapid declines in death rates, and a lag in declines in birth rates. Nigeria is a country with the largest human population in Africa. Some of the results of human populations are; depletion of resources, human congestion, weather modification, high unemployment rate, environmental degradation and a lot more. It is stated in science that matter occupies space and space is limited, as a result, this phenomenon in turn
Wednesday, May 6, 2020
Nagpur - 6776 Words
NAGPUR Region : Vidarbha District: Nagpur Founded: 1702 A.D. Founder: Raja Buland Shah Government: Body ââ¬â Nagpur Municipal Corporation (NMC) Mayor ââ¬â Anil Sole (BJP) Municipal Commisioner ââ¬â Shyam Wardhane Police Commisioner ââ¬â Mr Kaushal Pathak Area : Captital City ââ¬â 217.65 km2 Metro ââ¬â 3,780 km2 Population : Metropolitan City ââ¬â 4,405,421 Rank ââ¬â 13 Density ââ¬â 20,000/km2 (52,000/sq mi) Metro ââ¬â 2,583,911 Vehicle Registration : Vehicle registration MH31 ââ¬â Ngp West; MH49 ââ¬â Nagpur East; MH40 ââ¬â Nagpur Metro * Nagpur is the winter capital of the state of Maharashtra. * a fast growing metropolis and third largest city in Maharashtra after Mumbai and Pune. * With aâ⬠¦show more contentâ⬠¦A big celebration was organised to mark the event. Climate : As it is located at centre of Indian peninsula far from the Bay of Bengal and the Arabian Sea, Nagpur has a tropical wet and dry climate (Kà ¶ppen climate classification Aw) with dry conditions prevailing for most of the year. It receives an annual rainfall of 1,205 mm (47.44 in) from monsoon rains during June to September.[24] The highest recorded daily rainfall was 304 mm on 14 July 1994. Summers are extremely hot lasting from March to June, with maximum temperatures occurring in May. Winter lasts from November to January, during which temperatures can drop below 10 à °C (50 à °F). The highest recorded temperature in the city was 48.6 à °C on 29 May 2012, while the lowest was 3.9 à °C Geography (for AGRICULTURE): Nagpur lies on the Deccan plateau of the Indian Peninsula and has a mean altitude of 310.5 meters above sea level. The underlying rock strata are covered with alluvial deposits resulting from the flood plain of the Kanhan River. In some places these give rise to granular sandy soil. In low-lying areas which are poorly drained, the soil is alluvial clay with poor permeability characteristics. In the eastern part of city crystalline metamorphic rocks such as gneiss, schist and granites are found, while in the northern part yellowish sand stones and clays of the lower Gondwana formations are found. Agriculture in Nagpur also contributes significantly to the economy of theShow MoreRelatedA Study Of Gond Tribe : Livelihood Opportunities And Challenges1576 Words à |à 7 Pagesregion under the central provinces. While studying for the same I found the literature gap on the Gond tribes which were ruler in the early 18th century and played an important role in the process of urbanisation by formulating the District called Nagpur. Historically they are the residents of the Vidarbha and have fought for the rights of peoples of Berar region in the early 18th century with British and Marathas. And even though they have not been given concentration in the academic discourse andRead MoreDistribution Channel of Coca Cola1454 Words à |à 6 Pagesto study the distribution channel of COCA-COLA pvt. Ltd. In There are 8 distributors Nagpur market and to find out the factors responsible for low distribution and suggest the measure to improve the scenario. In Nagpur, coca-cola pvt. Ltd. is one of the bottling plants of Coca-Cola Company which is situated in Maharashtra in MIDC, Hingna, and Nagpur-440028. Of Coca-Cola in Nagpur region. And there are 7000 retailers under these distributors but it was not possible to cover all theRead More3d Password For Secure Authentication1617 Words à |à 7 PagesAuthor: Alwarya Ramteke; Akanksha Bankar; Kanchan Yede; Prerna Dumbhare. Affiliation: Information Technology, DBACER, Wanadongari, Nagpur, India1; Information Technology, DBACER, Wanadongari, Nagpur, India2; Information Technology, DBACER, Wanadongari, Nagpur, India3, Information Technology, DBACER, Wanadongari, Nagpur, India4, Information Technology, DBACER, Wanadongari, Nagpur, India5 . E-mail: alwarya29@gmail.com; akanksha1.bankar@gmail.com; kanchanyede@gmail.com; prerna.du@gmail.com. ABSTRACTRead MoreProblems With World Bank Hydroelectric Project1086 Words à |à 5 PagesWorld Bank, such as an IFC funded public-private partnership water project in Nagpur, are often considered unsuccessful by local residents (Lappe, 2014). Over time, World Bank required austerity measures which force utilities privatization has shown to reduce utilities access of community members who need it the most (Dwivedi, 2011). Jammu Anand of the Nagpur Municipal Corporation Employeeââ¬â¢s Union says about the Nagpur project ââ¬Å"In the last three years, the cost of operation and maintenance of theRead MoreDesign Manufacturing Of Compound Tool For Washer1009 Words à |à 5 Pagesââ¬Å"DESIGN MANUFACTURING OF COMPOUND TOOL FOR WASHERâ⬠ABHIJIT TAGADE1, NILESH NIRWAN2, MANISH MISHRA3 1. M.Tech Student, Wainganga college of engineering, Nagpur (India) 2. Facutly, Wainganga college of engineering, Nagpur (India) 3. Sr. Engineer, Indo German Tool Room, Nagpur (India) Abstract- The design fabrication are the most important elements in translating the idea to a product. Before converting raw material to a finished product we need an accurate design of the product also tool forRead MoreMy Own Boswell : Memoirs Of M. Hidayatullaha1374 Words à |à 6 Pagesthe author, as a respected judge. After returning from Trinity college,Cambridge he practised for several years in the field of criminal law. Then, he was successively a government advocate, Advocate General, Judge and Chief Justice of the Nagpur and Madhya Pradesh High Courts, Judge and Chief Justice of the Supreme Court of India, Acting President of India, and Vice President of India. He was elected to the vice president position at the age of seventy-four, after having been retired forRead MoreAnalysis Of Boost Converter And Interleaved Converter For Permanent Magnet Synchronous Motor Of Hybrid Electrical Vehicle1311 Words à |à 6 PagesConverter for Permanent Magnet Synchronous Motor of Hybrid Electrical Vehicle Arpita Moon Department of Electrical Engg. Priyadarshini College of Engg. Nagpur, India Prof.(Mrs.)B.S.Dani Department of Electrical Engg. Priyadarshini College of Engg. Nagpur, India Rahul Argelwar Department of Electrical Engg. Priyadarshini College of Engg. Nagpur, India Abstractââ¬âDifferent converter topologies have been introduced for high power applications in recent years. This paper shows Permanent MagnetRead MoreCustomer Perception Based Brand Equity Analysis of Dinshaws Ice-Cream4334 Words à |à 18 Pagesestablished in Nagpur city and now it has national presence. * Lecturer, Dept. of Management, Shri Ramdeobaba K. N. Engg. College, Nagpur ** Lecturer, Dept. of Management, Shri Ramdeobaba K. N. Engg. College, Nagpur ***Asst. Prof., Dept. of Management, Shri Ramdeobaba K. N. Engg. College, Nagpur There are many national as well as international ice-cream brands in Nagpur city, of which Dinshaw`s is disputably the leader in the domestic brands. Hence, this research selected Nagpur region to measureRead MoreMy Own Boswell : Memoirs Of M. Hidayatullaha1390 Words à |à 6 Pagesthe author, as a respected judge. After returning from Trinity College, Cambridge he practised for several years in the field of criminal law. Then, he was successively a government advocate, Advocate General, Judge and Chief Justice of the Nagpur and Madhya Pradesh High Courts, Judge and Chief Justice of the Supreme Court of India, Acting President of India, and Vice President of India. He was elected to the vice president position at the age of seventy-four, after having been retired forRead MoreBanking Management - Explain Briefly the Product Life Cycle Concept with Reference to a Banks Product Selection Development and Launching a Product Are Equally Important Comment778 Words à |à 4 Pageshad revolutionized the Indian financial markets. QUESTIONS FOR DISCUSSION 1. Analyze the case, using SWOT. 2. Comment on the strategies used by the bank for penetrating the Nagpur market. 3. Suggest strategies for sustenance and growth of the bank in view of the changing scenario of the Nagpur region. Section II Answer Any Six: 1. Explain buyers credit and suppliers credit by giving examples of each type of credit. Also explain with a case study. 2. What is
Tuesday, May 5, 2020
Augustine Medical Inc Case Study free essay sample
Augustine Medical, Inc. is a Minnesota corporation that develops and markets products for hospital operating rooms and postoperative recovery rooms. Company executives are now finalizing the marketing program a patient warming system, which is designed to treat postoperative hypothermia in the recovery room, called Bair Hugger Patient Warming System. It is specially designed to maintain body temperatures of patients recovering from surgery. The product consists of a heater/blower unit that is a large, square, boxlike structure that warms filters and blows air through a separate plastic cover. The unit is mounted on wheels for easy movement. A dial controls the temperature with one to four settings. Twelve warming blankets can be stored in a top loading bin for easy access. The disposable covers are packaged in 18-inch-long tubes. The blanket is made of a thin plastic layer and a layer plastic material laminated into full length channels. Inflated by a connection at the patients feet, the tubular structure arcs over the patient, and warm air flows over the patient. We will write a custom essay sample on Augustine Medical Inc Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The average warming time for a patient is two hours. The plastic cover is patented but the heater/blower unit is not. Target Market: The target market for this particular case study is hospitals with seven or greater recovery room beds. Target market makes up a total of 80% of all surgical operations in the United States. The Bair Hugger Patent Warming System is not a consumer product, in fact it is a device designed to control the body temperature of postoperative patients. The main users of this product would be businesses and hospitals. Hospitals will be in high demand as they are continuously trying to prevent diseases such as hypothermia. After completing interviews with nurses and physicians there were a great deal of responses. They believed that the Bair Hugger Patient Warming System would speed recovery for postoperative patients. They also believed that the pressure of moving patients from bed to bed was in the past. Competition: The Bair Hugger will exist in a highly competitive market. Currently, its most popular alternative is the traditional hospital blanket. These are safe, simple and at $0. 13 per pound, relatively inexpensive. There is no way of competing with this product on a cost basis, so ethical reasons such as increased patient comfort and increased recovery speed will be the main reasons for customers switching to the Bair Hugger. Water-circulating blankets are the next closest alternative. Although these products are popular, the technology has stagnated over previous years, with little product development. Considered to be slightly to moderately effective, the Bair Hugger is considered the more superior treatment. These products are priced at between $4850 and $5295, with the control system priced at $3000, with discounts of up to 40% ($1800). Reusable blankets are priced at around $200-$400, and disposable blankets are $25. In terms of direct competitors, ââ¬Å"The Climatorâ⬠made by British company Hosworth is expected to become available in the US within the next year. This reflects the need for Augustine Medical to price the product correctly at launch, so as not to be undercut by an experienced and well-established competitor. Market Potential: With approximately 21 million surgical operations in the US every year, and 60% to 80% of patients needing treatment for hypothermia, the market is a large one. There are 31,365 post op recovery rooms in the US. Research suggests that only hospitals with more than seven beds will be interested in purchasing the product. This leaves 12,546 beds. Research also suggested that one product would be needed for every eight beds. This means the market available to Augustine was, at most, 1568 purchases. This was an important factor in deciding the price of the system. It was also important to take into account the fact that any hospital purchase over $1500 was subject to a formal budget committee review, which the company or distributors would have no control over. It may be hard to convince these budget review panels of the need for the product, especially when they may already possess viable alternatives such as water-circulating blankets. Breakeven Analysis: The best way for Augustine Medical Inc. to determine their price is to carry out a breakeven analysis. This is done by finding their variable costs, fixed costs and predicted sales volume. Variable costs are calculated as estimates from subcontractors indicate that direct cost of the assembly of the heater/blower unit would be $380. The variable costs for the blankets are packaging of the plastic, cost of materials and manufacturing, which are $0. 85 per blanket which leaves a total variable cost of $380. 85. The fixed costs of the product are said to be covered by a $500,000 initial capitalization. Research indicates that there are 31,365 total postoperative beds in the United States. If one out of eight of these beds adopts the Bair Hugger system (as is believed to be possible in the case), the volume of sales will be 3,920 Bair Hugger Systems sold. Therefore, for the purposes of the break-even analysis, a sales volume of 3,920 will be used in this calculation.
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