Risk Management/Insurance

Project Handout
Proposal:
Project proposals should be between 1 and 3 pages. The proposal should identify the project that will be undertaken. This project is intended to be a research paper. The research should focus on some aspect of risk management and/ or insurance. The objective is to clearly identify the topic research question, investigate the topic, apply relevant course materials and provide results from research findings. Conclusions should be adequately supported. Creative and current research topics are encouraged. Provide detailed information of the question(s) to be addressed and include details.

List of Suggested Topics:
Catastrophe Insurance
Health Care reform
Health Care Cost Containment
ERM~ Enterprise Risk Management, key considerations and potential solutions
FEMA Reform, may consider process improvement, (after Katrina)
Global Warming~ Climate Change and implications
Government Insurance (Medicaid, Unemployment Insurance, Federal Assistance for Crops, federal subsidies)
Social Security Reform, issues related to funding
Insurer regulation and solvency
Corporate Risk Management
Financial Risk Management
Financial Risk Management Techniques: VaR, Stress Testing, Scenario Analysis, etc.
Life Insurance: adequate coverage
Premium Structure
Pre-existing conditions and exclusions
Estate planning ~ Transferring assets
Personal financial planning risk management
Employee Liability
Product Liability case study
Value of Risk Management
Retirement Planning: Process, significance, key elements
Premium Construction
Underwriting Process
Risk Identification Techniques: Narrow focus by selecting a specific industry
Risk evaluation and technique selection: Various strategies within the context of a specific industry, (insurance, non-insurance, hedging)
Insurance Fraud
Regulation
Globalization
P/C, Life/Health Industry Trends
Moral hazard, agency problems, adverse selection: real world applications and examples
HR plan; include mock package for a fictitious company; detail policy, procedures, etc..
Other related topics subject to professor approval.

Paper:
The term paper should include references and supporting materials. Include an executive summary (includes the topic clearly stated, a brief description of the research method(s) employed, and provide a summary of research conclusions.) All references must be properly cited. At least 3 references must be included. Include a list of references at the end of the paper. Please number pages, use spell check, review the research question for clarity, and address the question in the paper. Rough drafts must be typed. Rough draft submissions will receive constructive comments. Make every effort to turn in a well thought out draft with the pertinent supporting materials and logical conclusions. There will be the opportunity to revise the paper prior to the deadline for the final submission. Whenever possible, use quantification, graphs, tables, and charts.

Power, Persuasion and Political Ads

http://content.time.com/time/specials/packages/article/0,28804,1842516_1842514_1842575,00.html

This week’s review is on Power, Persuasion and Media (Political Ads). Please compare both ads: “Morning in America” (Reagan era -1984), and “Mourning in America” (Trump era – 2020) and talk about the power of advertising, messaging, communication and the media in American politics — then and now. Television ads connect “us” to their audience in many ways, especially through direct address. We are hailed as “you” or perhaps as part of “we.” Ads speak directly to “us” in an attempt to create community. What was your reaction to these ads? Who is the ad asking “us” to be? What is it asking “us” to believe? What is it asking “us” to value? What is it asking “us” to do? And finally, who benefits if “we” see the world this way?

HAPPY PRIMARY ELECTION DAY 2022! This week’s lesson will focus on the media and power — media as a forum for public criticism and comment. You will explore the power and persuasion of political ads in this week’s short essay assignment. I will also post a forum discussion driven by this week’s news, a Washington Post op-ed apology written by Abbott CEO Robert Ford as the country continues to struggle with the fallout from a dramatic shortage of baby formula.
MEDIA AND POWER
Identifying the relationships between media and power is pivotal to understanding contemporary society. Power refers to the ability to produce effects, to make a difference in the world and shape our experience of time and sense of history. Power is also used for control over people and resources, to produce and exploit social differences in the world or emphasize the unity and consensus within society. Philosopher John Dewey defined a cultural model of communication based on the idea that communication is the process through which different groups in society come to understand and accept each other despite their differences. Dewey saw communication as the means through which a nation forges a common mission, purpose and identity. However, creating a national community, and defining what is important to all members of society, is still a difficult challenge.
MEDIA AS A FORUM FOR PUBLIC CRITICISM AND COMMENT
New technology has made community forums more robust, but its greater speed and velocity have also increased the media’s power to distort, mislead and overwhelm the public.
The community becomes filled with the public voice – on radio call-in shows, television talk shows, personal opinions on op-ed pages. As these voices are heard by those in positions of power, they make it their business to understand the nature of the public opinion developing around the subject. It is this process that daily re-creates in modern society the ancient forums in which the world’s earliest democracies were formed.
This forum function of the press would make it possible to create a democracy even in a large, diverse country by encouraging what James Madison and others considered the basis upon which democracy would stand — compromise, compromise, compromise.
None of this today is lost on the advocacy groups and political parties. Every year, millions of dollars are spent trying to sway public opinion (persuasion), often by employing half-truths and sometimes outright lies. As a result, it is crucial that as it carries the common discussion, the news media play the role of honest broker and referee. In the new age of media, it is more incumbent on those providing us with journalism that they decipher the spirit and lies of commercialized argument, lobbying and political propaganda. This is why journalism must provide a forum for public criticism and comment — and build public discussion on the principles of truthfulness, facts and verification.

CONTROVERSIAL ELECTION 2022 ADS
1. Arizona GOP Senate candidate Jim Lamon faces off (Links to an external site.) in an OK Corral-style shoot-out with Biden, Speaker Nancy Pelosi and Sen. Mark Kelly, D-Ariz. — and the ad received backlash since Kelly’s wife, former Rep. Gabby Giffords, was a victim of gun violence.
2. An advocacy group invokes (Links to an external site.) murder and cannibalism to slam Oklahoma GOP Gov. Kevin Stitt in one ad. “Gov. Stitt’s catch and release policies led to the largest mass release of felons in U.S. history. One felon released by Gov. Stitt was Lawrence Anderson. Anderson brutally murdered his neighbor, then tried to feed her organs to his family. When his family refused, Anderson killed them, too.”
3. This ad features (Links to an external site.) the Joker, Captain Hook and Maleficent — to attack Rep. Tom Rice, R-S.C., who voted for Donald Trump’s second impeachment.
4. Here’s a Democratic ad from progressive Jessica Cisneros that goes right at (Links to an external site.) the FBI raid on primary opponent Rep. Henry Cuellar, D-Texas. Cuellar and Cisneros now face off in a May 24 runoff (today!)
5. Here’s another Democratic ad from Louisiana Senate candidate Gary Chambers, who smokes (Links to an external site.) marijuana in it.
6. This ad from Pennsylvania GOP gubernatorial candidate Dave White puts the spotlight (Links to an external site.) on two white young children in the classroom: “This girl is a racist. So is he. All of them born racist. The left calls this Critical Race Theory.”
7. Here’s Arizona Republican gubernatorial candidate Kari Lake’s introductory ad (Links to an external site.): “Hi, Arizona. I’m Kari Lake, the Trump-endorsed candidate for governor. If you’re watching this ad right now, it means you’re in the middle of watching a fake news program. You know how to know it’s fake? Because they won’t even cover the biggest story out there: the rigged election of 2020.”
8. In this ad, Alabama GOP Gov. Kay Ivey can’t find (Links to an external site.) anything nice to say about President Biden.
9. And in this ad, Pennsylvania GOP Senate candidate David McCormick chants (Links to an external site.) “Let’s go, Brandon” about Biden over and over.
What do you think?
Source: NBC News
SHORT ESSAY ASSIGNMENT: DUE WEDNESDAY, JUNE 1 (11:59 P.M.)
NOTE: I’m extending the assignment deadline to Wednesday because of the Memorial Day holiday.
Presidential Historian Michael Beschloss once said: “It may be hard to explain to younger Americans how a single commercial made a difference in the 1984 presidential campaign. The one-minute commercial commonly known as ‘Morning in America (Links to an external site.)’ created for President Ronald Reagan’s re-election effort in 1984, is one of the most effective campaign spots ever broadcast. The ad’s haze of nostalgia and optimism helped obscure Mr. Reagan’s lingering political problems with the deficit and unemployment.”
You can watch President Reagan’s historic ad, “Morning in America,” here: http://content.time.com/time/specials/packages/article/0,28804,1842516_1842514_1842575,00.html (Links to an external site.)
“Morning in America” is still hailed as a bold, political campaign that inspired voters to believe with confidence that the America they lived in was “prouder and stronger and better” under President Ronald Reagan’s leadership. This ad was successful because it sold Americans a life that they wanted.
Fast forward to our last election, and a controversial ad released by a conservative Republican anti-Trump super PAC (Links to an external site.), the Lincoln Project, “lays responsibility squarely at Trump’s doorstep for the severity of the ongoing coronavirus outbreak, including the deaths and economic damage.”
Big investors, including Republican strategists and a Walmart heiress, helped fund the ad campaign. “We have been, and remain, broadly conservative (or classically liberal) in our politics and outlooks,” wrote the leaders of the Lincoln Project in a New York Times Op-Ed column (Links to an external site.).
Their video ad, “Mourning in America (Links to an external site.),” was inspired by President Ronald Reagan’s famous Morning in America” (Links to an external site.)1984 campaign ad. But this version takes on a different tone and presents the realities of life today – in a sequence of images showing job loss, misery and death – as the nation struggles to recover from the Coronavirus pandemic. This version, “Mourning of America (Links to an external site.),” presents America as “weaker and sicker and poor” under the leadership of President Donald Trump.
After seeing the ad, President Trump took to social media outlets to attack the ad’s politically conservative creators – Republican attorney George Conway (husband of Kellyanne Conway, counselor to Trump in the White House), Republican campaign strategists Steve Schmidt and John Weaver, and Republican media consultant Rick Wilson. The ad ran on TV and digital media in the critical swing states of Michigan, Pennsylvania and Iowa, according to The Lincoln Project (New York Times, May 20, 2020).
The power of advertising is simple, and those who produced these ads understood how to tap into the emotional side of their viewers and drive decision making and voting choices.

“That brilliant, evocative minute caught a moment of uplift in the minds and hearts of American voters in that rarest of political sports,” wrote Wilson, for The Daily Beast. (Links to an external site.) “It was true in the audience’s gut.”
Effective political ads can help define the legacy of a politician or president, for better or worse, and accomplish far more than press conferences or political polls. Here are some past examples of political ads (to compare with the 2022 ads posted above) that have celebrated or crashed a candidate’s campaign:
“Daisy Ad (Links to an external site.)” – President Lyndon B. Johnson’s Ad Against Barry Goldwater – 1964
Formally titled “Peace, Little Girl,” but more commonly known as the “Daisy” ad, this famous political commercial was produced primarily by Tony Schwartz for President Lyndon B. Johnson’s 1964 campaign against Barry Goldwater.
“Sellout (Links to an external site.)” – 2004 (Video) Swiftboat Veterans Ad on John Kerry – Sellout (2004) (Links to an external site.)
Swift Boat Veterans for Truth Ad (Links to an external site.) – 2004
Ad attacks Democratic presidential candidate and decorated Vietnam veteran John Kerry
“Yes We Can (Links to an external site.)” – 2008
Video by wil.i.am for President Barack Obama’s campaign
Yes We Can Obama Song by will.i.am (Links to an external site.)
“Vote Different (Links to an external site.)” – 2007 (Video)
Video campaign against Hillary Clinton
“Willie Horton political ad 1988 (Links to an external site.)” – George Bush Ad Against Michael Dukakis – 1988
George Bush Ad Against Michael Dukakis (produced by Roger Ailes) – 1988
This stark and unsettling ad from the Bush campaign doesn’t mention the notorious escaped convict William Horton by name. (Although he went by William, the Bush campaign referred to him by the less respectable name “Willie”). However, with its release just a few weeks after the independently financed ad “Willie Horton” had generated controversy and national press coverage, the connection was clear. Under the direction of campaign manager Roger Ailes, Dukakis was linked with the case of the African American felon who fled Massachusetts during a weekend furlough and and attacked a young white couple in Maryland.
Museum of the Moving Image: The Living Room Candidate (Links to an external site.)
The Living Room Candidate is an online archive of presidential campaign commercials by Museum of the Moving Image. To see more than 500 presidential campaign commercials from every election from 1952 through the present, visit:
http://livingroomcandidate.org (Links to an external site.)
ESSAY ASSIGNMENT: 2-3 pages
Deadline: Wednesday, June 1 (11:59 p.m.)
This week’s review is on Power, Persuasion and Media (Political Ads). Please compare both ads: “Morning in America” (Reagan era -1984), and “Mourning in America” (Trump era – 2020) and talk about the power of advertising, messaging, communication and the media in American politics — then and now. Television ads connect “us” to their audience in many ways, especially through direct address. We are hailed as “you” or perhaps as part of “we.” Ads speak directly to “us” in an attempt to create community. What was your reaction to these ads? Who is the ad asking “us” to be? What is it asking “us” to believe? What is it asking “us” to value? What is it asking “us” to do? And finally, who benefits if “we” see the world this way?

Some other questions to consider in your essay:
What connects you to this ad?
How does the ad serve both a local and national audience?
Which details constitute news and which are simply exploitive vs. need to know details?
What is the context for both ads? (Time, place, circumstances, etc.)
Who are the persuaders? (Name the groups involved in producing the ad)
What are the central messages sent?
Who were the target audiences?
What were the persuaders’ goals?
What medium (media) of communication was (were) used to convey the messages? (Think about the media tools used to tell the story — text, video, audio, photos, interactive features, etc.)
What were the results/outcomes of the persuasion ad?
Were the expected goals achieved?
NOTE: You can swap out one of the ads for a 2022 Election or past political ad (listed above or from The Living Room Candidate) for this assignment. Please make sure you address the listed questions in your review.

Transitional Leader

Chapter 1 in Marshall and Broome discuss
historical nursing leaders include Lillian Wald, Florence Nightengale, and
Isabel Hamptom Robb. Reflect upon your own nursing journey.
Identify a key figure whom you associate as a transformational nursing leader and
discuss this person. Who were/are they? What did you learn from them?
What qualities made them a transformational leader and provide examples of
these qualities? Can you link their actions/qualities to a specific
leadership theory? How did their influence impact your own leadership
style? What was their “why?”

This is a start . throughout my nursing journey I have came across several great leaders . One in particular was a a Doctor by the name of Billy Hutchins . He grew up in poverty and faced several adversities but still prevailed. He was always smiling , bedside manners were amazing and he was always willing to teach.

Select your position related to the topic. It is important for you to reread the cases in the applicable chapter regarding the topic. This process will assist in providing information needed to support your position in agreeing or disagreeing with the topic.

Introduction
The purpose of this paper is for you to state and support your argument or stance related to the topic you select. You are required to communicate your stance with the support of research. For example, if you support affirmative action, you will not be able to clearly communicate your rationale without addressing views adverse to your own. You are required to use case law and the textbook in debating your argument.

Activity 1. Pick a topic from the readings assigned in the course
2. Select your position related to the topic. It is important for you to reread the cases in the applicable chapter regarding the topic. This process will assist in providing information needed to support your position in agreeing or disagreeing with the topic.
3. Conduct additional research related to the topic. You should have a minimum of (1) one scholarly source outside of the textbook.

Your paper must include the following:

Introduction (including the thesis)
Presentation of the arguments
Presentation of the objections or counterarguments
Response to the objections or counterarguments
Conclusion
Reference page

Writing Requirements (APA format)

5-7 pages (approx. 300 words per page), not including title page or references page
1-inch margins
Double spaced
12-point Times New Roman font
Title page with topic and name of student
References page

The textbook is
Employment and Labor Law
by Cihon, Patrick J.; Castagnera, James Ottavio
The case file

unit 5 cost accounting

You have been approached by a potential client who could bring you considerable business. She says, “I’d like to find an alternative vendor for my future orders of 5,000/yr., but their pricing must be competitive.”
Your CFO has supplied you with the following information. Current product standard costs are as follows:
Selling price per unit: $5,000
$1,400/unit direct material
$400/unit direct labor
$200/unit variable overhead
$200/unit fixed overhead (this figure is the result of the budgeted fixed overhead of $2,000,000 and budgeted sales volume of 10,000 units)
Income Tax rate = 40%
The board of directors has requested a thorough presentation to determine whether taking on this potential customer is a good idea. Assume that your factory is fully operational and that you will not have any learning curve impacts.
In your presentation, answer the following questions from the board using the data from the CFO:
What is meant by cost variance?
What is an effective way to incorporate variance analysis in the budget process?
What are the differences between labor and material variances?
How is a quantity variance different from a rate variance?
What are the subcomponents of fixed overhead?
What are the subcomponents of variable overhead?
What is the lowest possible price you could offer to this potential customer (you know that you have sufficient capacity without working overtime and without adding any new equipment to make this order)? Please show your calculations.
In terms of capacity, under what conditions would offering this lowest possible price be a bad decision? Why?
Create a pro-forma income statement to show a net income/net loss for the year.
You have been considering investing in automation to eliminate some factory labor if you get this large order. This technology advancement will cost an added $100,000/yr. to lease (net of taxes), but it will reduce labor cost/unit on the customer’s units by 50%. How would this change the lowest possible price you could offer to this potential customer and at least still break even? Please show your calculations.

Write a research paper on “Education is not the filling of a pail, but the lighting of a fire.’

Write 2 paragraphs responding to the
quote at the top of the page. For
example, you could write about any of the
following, or another type of response.
What is your reaction to this quote? What
does it mean? Does it seem true? How
does it relate to your own experience?
Steve’s Notes: Structure your 2
paragraphs in the following way:
Paragraph 1: What does this quote mean
to you and do you think it’s true?
Paragraph 2: How does this quote relate
to your experience with education?
(maybe give an example)
Be sure to use correct capitalization,
punctuation, sentence structure, and
grammar. Use your word choices to make
your meaning clear.

What do you consider to be the key elements of ‘Best Practice’ in International HRM?

In an average of 2500 words The assignment is designed to provide students the opportunity to demonstrate their understanding of Best HRM Practices, how those can be applied on a global level and what are the most common issues that companies face when implementing Best Practices in various countries. Please reflect on the findings of your mid term assignments answer ( which will be attached in the files ) the two questions below. Both questions carry equal marks:

1. Based on your Mid Term Assignment findings ( which will be attached in the files ) you will need to explain and justify how each of your chosen areas of HR practice will impact upon:
I. Organizational Performance
II. Employee Commitment
III. Workforce Flexibility
IV. Workforce Quality
2. From your experience and study of the subject, findings of your mid term findings, what do you consider to be the key elements of ‘Best Practice’ in International HRM?

What is your understanding of fair use?

What is your understanding of fair use? Discuss the relationship between copyright law and freedom of expression. Why do you think it’s hard to know if fair use will apply in a particular instance? What particular challenges does digital technology pose for copyright law? Share and discuss at least one example of digital content from the web that pushes the boundaries of fair useYouTube has some particularly good examples)

These are two VERY different films, so try to contrast them as well. How are the depictions of these two cities different?

WATCH: both attached to files****
1. Man with a Movie Camera
2. The Lego Movie

This week’s discussion focuses on taking Harvey’s notions of the city–and his ways of analyzing the city–and applying them to TWO FILM CLIPS. I want you to particularly focus on his idea of THINGS vs PROCESSES, and that idea of thinking of CITIES as ‘ecological,’ as spaces of relationships between humans and their space. I think the idea of ‘community’ might spark some interesting discussions here.

IF YOU HAVE NOT seen the Harvey wrap up video, make sure you see it BEFORE you do this discussion!! I created that video thinking of this discussion. . .

Both clips are about a ‘city’ waking up! ☀️

One of them you might have seen before, it’s from the hilarious and super intelligent film The Lego Movie. The other is from an older film–a silent film!–called Man with a Movie Camera, made in the 1920s in the then-called Soviet Union. Man with a Movie Camera was part of a genre of sorts that was called the ‘city film’, slightly experimental cinema done all over Europe that made a ‘portrait’ of a city. . . One fun fact about this film is that Dziga Vertov, and Elizaveta Svilova, the director and editor team, made a ‘composite’ city: what you see is a combinations of several Soviet cities! Moscow, Kiev, Leningrad, etc….

We are still starting this class, so I am curious about your finding connections between the representations of the urban in these two films and how Harvey could help us understand those images better!

These are two VERY different films, so try to contrast them as well. How are the depictions of these two cities different?

IMPORTANT NOTE: Make sure you only talk about the scenes that I have selected–if you have seen The Lego Movie or Man with a Movie Camera before only limit yourself to our clips here!

ALSO!, don’t forget that The Lego Movie is a COMEDY! So there is a little bit of satire (or perhaps quite a bit of satire) in the way that the film depicts the city……