Monday, May 25, 2020

Swot Analysis Of Marriott Group International - 1902 Words

SWOT Analysis of The Marriott Group International Overview Marriott Group International is a well-known global brand in the hospitality sector. This hospitality group has more than 3,900 properties, and 18 brands and associates spread across the world. The company, head was founded more than 80 years ago by J. Willard and Alice Marriott while the Marriott family has continued to guide the group. The company has its headquarters in Bethesda, Maryland, USA. In the fiscal year 2013, the group’s reported revenues were $13 billion. The group was founded in 1927, and for nearly 60 years, the group has been guided by the vision of J.W. â€Å"Bill† Marriott, Jr., a pioneer of modern-day hospitality. It was his vision that led to the successful growth of Marriott into one of the most successful and respected companies of the world that Marriott is today. Currently, the company is led by its CEO Arne Sorenson (Marriott 2013 Annual Report). Beginning of the Marriott Group The history of Marriott is traced to May of 1927, with a nine seat AW Root Beer stand in Washington DC by John Willard (Bill) Marriott. The Marriott Root Beer stand evolved into a family restaurant chain called Hot Shoppes, which in 1937 expanded into in-flight airline catering (Hartman Werhane, 2013: 249). Mission An organization’s mission statement outlines its core purpose. The stated mission of the Marriott hotel group is to â€Å"Make people away from home feel that they are among friends and are really wanted. TheShow MoreRelatedEssay Marriot vs Hyatt1744 Words   |  7 Pages Mission, Vision, Social Responsibility, Strategic Planning: Marriott and Hyatt Lori Scholl University of Maryland, University College Business Management 364, Section 4015 May 24, 2012 I. Mission and Vision Statements Mission Statement Organizing the direction of a business or corporation is essential because it can increase profitability and provide broad guidelines for how to accomplish the organization goals. This is where a mission statement becomes useful. A mission statementRead MoreMarriott International1732 Words   |  7 PagesAnalysis of Marriott International: A closer look Marriott International was founded on May 15, 1927 by J. Willard Marriott in Washington D.C. It started out as a root beer stand which grew into a chain of restaurants and hotels (Marriott International Inc., 2013). Now Marriott International has around 3,150 properties for lodging in the United States and 67 in other countries (Marriott International Inc, 2012). The Executive Chairman is Bill Marriott and the President and CEO is Arne Sorenson.Read MoreStrategy Communication Marriott International4799 Words   |  20 PagesStrategy and Communication Case company: Marriott International Theme: : Strategy and Communication Osiris code : EHM3.SC-02 Theme expert: : Dr. Community expert : Dr. Student name : Student id : Date : 12-12-2011 Abstract The aim of this academic report is to develop a critical view of strategy and organizational structures, understand how to conduct a situation analysis, understand how to develop a strategic direction, understand formulating a strategy, understand theRead MoreStrategic Management - Case Study Marriott International3852 Words   |  16 Pages- Case Study Marriott International Introduction The report focuses on Marriott International putting strategic management at the center core of analysis and discussion that allows Marriott strengths and weaknesses to be known and be evaluated according to such SWOT related strategies, CPM, EFE, IE matrix and many other important points for strategic management recognition of Marriott International. There is important account to the strategic analysis of Marriott International, there impliesRead MoreMarriot vs Fairmont7689 Words   |  31 PagesContents Introduction and Background 2 Industry 2 Fairmont 2 Marriott 2 Why These Two Companies? 3 Environmental Analysis 4 General Factors 4 Specific Factors 4 Customers 5 Environmental Uncertainty 5 Shareholders/Stakeholders and their Interests 5 Hotel Industry Changes in 3 to 5 years 5 Organizational Culture 6 How Is Company Culture Established? 6 How is Culture Developed? 6 How is Culture Maintained? 7 Social Responsibility and Ethics 8 Reputation 8 Ecological FootprintRead MoreSwot Analysis Report1228 Words   |  5 PagesSince 1994 Hilton acquired all of Bally Entertainment, making the largest gaming company in the world. In 1997 they founded an alliance with Ladbroke Group PLC in (now Hilton Group, owner of Hilton International and the rights to the Hilton name outside the US) to unify the Hilton brand worldwide. With a downturn in the gaming industry translating into sluggish results in Hilton’s gaming segment, the company spun off its gaming interests as Park Place Entertainment. In 1999 Hilton made a massiveRead MoreMarriott1772 Words   |  8 PagesGROUP 2137 YEKATERINA POLYNCHUK ULIANA KOSTIEVA YULIIA KRYVONOS MARKETING STRATEGY PLAN FOR MARRIOTT U.S.A. EXECUTIVE SUMMARY Marriott USA is a leader in the global lodging industry in that area. With numerous properties in USA and countless achievement awards, they are not only a wellknown but also a well-liked brand. The global financial crisis hit the hotel and lodging industry hard because of a sharp drop in business and leisure travelRead MoreThe Warsaw Marriott Case Analysis3681 Words   |  15 PagesExecutive Summary The Warsaw Marriott case that’s assessed in this paper is a decision case where Stan Bruns (at the time general manager of the Warsaw Marriott) had to make important decisions regarding its pricing strategy and think of ways to protect Marriott’s work force from its comp set. Since its grand opening in September 1989 and prior to the debut of the Sobieski and the Bristol in Warsaw’s market, the Marriott was the only hotel in Poland operated by a Western management team and successfullyRead MoreA Case Study of Marriott International9298 Words   |  38 PagesEXECUTIVE SUMMARY Marriott International envisions itself to be the world’s lodging leader. Its mission is to provide the best possible lodging services experience to customers who vary in backgrounds, language, tradition, religion and cultures all around the world. Marriot is committed to environmental preservation through using environment-friendly technology and engages in social responsibility and community engagement.   We value our shareholder’s so we will only take steps that will ensureRead MorePetsmart Analysis5575 Words   |  23 PagesA Financial Ratio Quarterly Trend Analysis of Petsmart, Inc. Stock symbol: PETM Listed on the Nasdaq Prepared for: In partial fulfillment of the requirements of the course: By: 1.0 Introduction This report provides a financial quarterly trend analysis for Petsmart, Inc. The U.S.-based company, together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in North America. The company offers consumables, which include pet food

Thursday, May 14, 2020

The Role Of Personality And The Neo Personality Inventory...

Up until the 1980’s, measurements, interpretations and descriptions of personality were not entirely structured or simple, though around this time researchers within the field of psychology came to an agreement that personality actually can be simplified. Now the plurality of researchers believe that personality can be summarized into five dominate traits, being extraversion, neuroticism, openness to experience, agreeableness and conscientiousness, all constituting the Five Factor Model. However, before a consensus flourished among researchers and they began to rely on the Five Factor Model, personality psychologists Paul Costa and Robert McCrae developed the NEO-Personality Inventory which features and focuses on the stated five traits. Today, descriptions of the traits represented by the Five Factor Model vary only slightly when it comes to researchers, yet and luckily, factor analytic techniques, which are in contrast to mathematical procedures, continue to support the conv iction that the Five Factor Model is scrupulous. Developing the Five Factor Model was not simple, yet one psychologist, Raymond B. Cattell who was a key figure within the field of psychometrics, did indirectly help with the process. Like Cattell, Costa and McCrae used the inductive method and questionairs to gather relevant data, however in contrast to Cattell’s Sixteen Personality Factors Questionnaire, the NEO-Personality Inventory of Costa and McCrae focuses on only five traits. Moreover, the FiveShow MoreRelatedChildhood Sexual Abuse Has A Prolonged Effect On The Personality And Behavior Of Young Adults1683 Words   |  7 PagesThere is evidence that proves that childhood sexual abuse has a prolonged effect on the personality and behavior of young adults (Van Reedt Dortland et al, 2012). However, studies are limited in testing whether specific personality traits have an effect on the lasting trauma of a victim. Retrospective estimates indicate that 12–54% of women and 4–15% of men experienced sexual abuse during childhood or adolescence (Czincz, 2013). Therapist attempt to assess every victim with the same general assessmentsRead MorePersonality Testing And The Benefits Essay1138 Words   |  5 PagesThis paper will take a brief look at personality testing and the benefits it has in the workplace. Support for the use of personality tests, as well as some of the features of these types of tests will be explored. In addition, some of the less desirable aspects of personality testing will also be examined. There is some disagreement among psychologist on the use of personality tests, specifically the Myer-Briggs Type Indicator (MBTI), which will also be discussed. Additional information, as it pertainsRead MoreThe Five Factor Model Of Personality853 Words   |  4 PagesAn analysis of the five factor model of personality Many contemporary psychologists believe that there are five basic dimensions of personality and refer to them as the ‘Big Five’. The five-factor model (FFM) of personality is a theory based on five core categories of human personality – openness, conscientiousness, extraversion, agreeableness and neuroticism. While different theorists may use different terminology, the five factors or personality traits have shown a rather consistent pattern overRead MoreEvaluation Of An Introverted Intuitive Feeling Perceiving ( Infp )1597 Words   |  7 Pagesflexible, and accepting. Jerry struggled with the MBTI assessment the most. It is interesting to note that Jerry’s MBTI score shows he leads more towards feeling and not thinking. Since he scored two points higher for feeling than thinking Jerrys personality falls between both the two with slight distinction to the other. The report shows he does not tend to necessarily base his decisions on logic and objective analysis (thinking) but on values and subjective evaluations of person-center concerns (feeing)Read MoreTaking a Look at Personality Testing1387 Words   |  6 PagesPersonality testing allows psychologists to assess and describe an individual’s personality on a systematic and scientific level. Personality testing is used for the assessment of proposed theories, track personality changes, to evaluate the effectiveness of therapy, diagnose psychological issues and many more things. This essay will demonstrate how objective and projective approaches to personality testing have different results and outcomes, thereby reason why objective is the better form of personalityRead MoreIn Both Sources, Belsky’S 2016 Book, Experiencing The Lifespan,1347 Words   |  6 Pagesstudy The emergence of sex differences in personality traits in early adolescence: A cross-sectional, cross-cultural study, the topic of age differences in relation to the sexes is a key topic. The study’s goal is to illuminate the problems with various past studies and to use the cross-sectional design to their advantage. They accomplish this by evaluating twelve to seventeen year-olds of both sexes from all across the world using the NEO Personality Inventory-3. This method produced accurate and unprecedentedRead MoreA Typical Familial Life Stem From The Biological Perspective Of The Individual1540 Words   |  7 PagesAll of these functions of a typical familial life stem from the biological perspective of the individual displaying openness to experience. For example, a study testing t he role of openness to experience on the brain’s default network found that those who are high in this factor have a network that works more efficiently than those who are less. This default network is specifically useful for thinking, processing, reasoning, and several other prime functions of the brain. With this information, theRead MoreThe Importance Of Emotional Intelligence ( Ei )1645 Words   |  7 Pagesand regulation (Maltby, Day, Macaskill, 2013). Goleman’s model is a mixed model; combination of central ideas with various of behavioural and personality traits. For example, mixed idea of EI (emotional states) with personality and behavioural traits (consciousness, adaptability, trustworthiness). Goleman’s model is measured by Emotional Competence Inventory (ECI); designed for workplaces, schools and universities. The ECI is a 360-degree instrument, meaning other individuals evaluation the personsRead MoreAbstract . The Current Paper Presents A Critica l Analysis1802 Words   |  8 PagesAbstract The current paper presents a critical analysis of the Hogan Personality Inventory (HPI), as it will be utilized by practitioners of Industrial Organizational Psychologists, based on the scholarly reviews from the Mental Measurements Yearbook. A description of the standardization sample and presentation of validity and reliability evidence of the HPI and the applications of HPI is included. The pros and cons of using the HPI as a practitioner of I-O Psychology are explored. The qualityRead MoreOpenness in Personality10561 Words   |  43 PagesThere have been different theoretical perspectives in the field of personality psychology over the years including human motivation, the whole person, and individual differences. The Big Five falls under the perspective of individual differences. In contemporary psychology, the Big Five factors (or Five Factor Model; FFM) of personality are five broad domains or dimensions of personality that are used to describe human personality. Openness is a general appreciation for art, emotion, adventure, unusual

Wednesday, May 6, 2020

Imagery in Chopin’s Storm and John Steinbecks The...

Use of Imagery in Chopin’s Storm and Steinbeck’s Chrysanthemums A pattern of repeated words or phrases can have a significant impact in conveying a particular impression about a character or situation, or the theme of a story. In the story The Storm, by Kate Chopin, and The Chrysanthemums, by John Steinbeck, imagery is an integral element in the development of the characters and situation, as well as the development of theme. In the story The Storm, Kate Chopin uses imagery throughout as a powerful instrument to convey the new sexual feelings that Calixta and Alcee are experiencing. In this story, words such as thrust beneath the crack, and her lips were as red and moist as pomegranate seed are very good uses of†¦show more content†¦The theme of this story seems to be that when Calixta and Alcee had sex and cheated on their marriages, it made their marriages happier, so the storm passed and everyone was happy(Chopin 150). Alcee wrote to his wife the night he cheated on her, it was a loving letter, full of tender solicitude(150). And after having an affair, the character Alcee seems to care more about his wife and baby, realizing that their health and pleasure were the first things to be considered(Chopin 150). He seems to care more about his wife and baby after he cheats on his wife because of the word realizing. It gives the meaning that he just figured out that their health and pleasure were th e first things to be considered. Calixta and Bobinot, as well as Bibi are shown to be very happy and full of laughter after she cheats on Bobinot, when the three seated themselves at table they laughed much and so loud that anyone might have heard them as far away as Laballieres(Chopin 149). In the story The Chrysanthemums, by John Steinbeck, imagery is important in the development of his characters. The man who drives the wagon and fixes things is a perfect example of imagery. His worn black suit was wrinkled and spotted with grease. The laughter had disappeared from his face and eyes the moment his laughing voice ceased. His eyes were dark, and they were full of theShow MoreRelated`` The Chrysanthemums `` By Kate Chopin1359 Words   |  6 Pageshave certainly changed. In Kate Chopin’s â€Å"The Storm† and John Steinbeck’s â€Å"The Chrysanthemums†, both written approximately during the 19th century, the characters of both stories depict unfaithfulness in their marriages. Through the use of the plot, imagery, and the 19th century time period, â€Å"The Chrysanthemums† and â€Å"The Storm† depict a revolutionary era in which women not accept their sexual desires but act on it. In â€Å"The Chrysanthemums†, Steinbeck’s use of imagery paints his female character, Elisa

Tuesday, May 5, 2020

Change and Adaptation free essay sample

In the fast mechanical world of today, change is inevitable. In fact your success and failure itself may depend on the changes you face, and your adaptability to those changes. Be it your personal life or professional life, you must be constantly aware of the changes around you and accordingly change yourself. As technology changes with time, it brings benefits to mankind. Newer methods of farming, education, entertainment etc., are brought into use, which either replace or enhance the existing ones. Often such changes are sequential; like a change in one field would affect all related fields. It is no doubt that these changes are always directed towards the improvement of our life. However, in adapting to newer trends, we have to abandon older and more traditional ways. In so adapting, we may sometimes even have to compromise on our cultural or religious values too. For instance, a person’s job might not facilitate his attending the Sunday mass, because the showroom he works for is open on Sundays. We will write a custom essay sample on Change and Adaptation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The way one needs to be dressed, speak or act; need to conform to the requirements of his or her employers, above all others. Perhaps, in this shrinking and competitive world of today, it is very important for organizations to be responsive to the changes. Change is a permanent reality across time. The world is changing at an unprecedented pace, as never before witnessed. The factors necessary for changes are more prevalent and influential today than ever before. Even most manufacturing jobs are connected to services like finance, human resources and engineering and highly dependent in such services that changes in them would affect the manufacturing pattern. Change in an organization involves altering its structure, processes, the behaviour of its management and staff, its strategy, environment etc. Change management requires good planning and careful implementation; and can be effective only when it involves all those people who are to be affected by those changes. The changes targeted must be practical, attainable and evaluative. It should not be forcefully implemented on people, as dumping change on people is not only a wrong strategy for success, but also a disruptive factor of normal functioning. Thus change of technology or introduction of new technology into the work cycle, create certain demands to redesign the work process and work environment. Nowadays, with changes and adaptation to it, being very crucial; the ability to predict changes and acting accordingly is very important.

Tuesday, April 7, 2020

Contemporary Planning Theory The Shift to Inclusion

City planners are guided by the principle of non discrimination in their policy formulation and planning endeavors. In their efforts, they endeavor to provide level play ground on which equal opportunities are availed or awarded to individuals in society. The local agencies that plan for society focus on the general welfare of the whole society. Although they may consider the interests of different community groups, the planners harmonize all into one plan that is supposed to serve all.Advertising We will write a custom term paper sample on Contemporary Planning Theory: The Shift to Inclusion specifically for you for only $16.05 $11/page Learn More One of the key contentions Davidoff raised against this kind of approach is that, non discrimination does not negate need for equity. Davidoff believed that the future of society was of urban nature. In the urban society, only planners would help towards equity in society. However, the movement towards equity based planning would require planning moving from notion of mere tacticians to embrace value seeking schemas or operations[1]. Value based planning involves looking into the future and appropriating current plans to befit or ensure better living conditions in that future. Equitable treatment is different from equality based treatment. Equity requires that we go beyond treating all elements or people equally to consider the element of fairness. According to Davidoff, different sections of people in a society have different particular needs. These needs cannot be fully taken care of if one plan is adopted for all. Therefore, he advocated for the development of plans to cater for the special needs of each group. He observed that the upper class members of society had the financial resources to literary buy or force towards their interests. The wealthy either use their economic muscle to find their way into the planning boards or to influence the planners. In actual sense, the planners hail from the upper class or middle class and may not fully appreciate the concerns of the lower class member. Politics is about interests thus politicians or local politics is ideally expected to champion for local causes. However, as Davidoff points out, local politics is generally compromised and cannot adequately champion the interests of the weak[2]. Given politics has failed in providing a good participatory platform that would encourage pluralistic planning, hope turns to the different interest groups e.g. human rights activists in community. These groups have great potential of encouraging individual citizen’s participation in planning. The involvement of the wider community in planning makes planning more comprehensive than what planning commissions can achieve[3].Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More According to Davidoff, professional planners who act as te chnicians have not helped the situation. This is because they develop ways of sustaining the status quo rather than channeling efforts towards more viable socio-economic conditions for future generations[4]. To champion for the interests of the weak and helpless poor people, Davidoff suggested that different planners become their advocates[5]. Individual planners should produce plans that represent the views of the groups they represent. Once each planner produces his or her plan, a local planning commission weighs the different plans and, based on their strengths, maps out the most effective plan. According to Davidoff, such a plan arrived at due to considering competing views presented by planners representing the interest groups, is more comprehensive than one done abstractly by officers in their offices[6]. Therefore, representation and advocacy is a big plus towards developing good plans. For planners to contribute more meaningfully towards a pluralistic planning process, David off recommends that the scope of planners’ education be broadened. The broadened scope of education is to enable planners learn how to play the coordination role demanded of them in a pluralistic planning process[7]. The kind of education the planners get should reflect the diversity in the organization. Rahder in her article articulates how a participative approach to planning can help improve livelihoods of individuals. In tandem with Davidoff’s recommended approach to planning, Rahder presents a project that focused on helping a particular interest group access services. Rahder points out that participative planning is the way to go and must incorporate both social and physical issues in to one composite plan[8]. Advocacy planning no longer merely focuses on representation of divergent views but providing a link through which differences in community can be addressed[9]. The planning process has to â€Å"acknowledge and celebrate differences†[10]. Giving the example of the four shelter project, Rahder illustrates how participative program can be engaged and the benefits that accrue from the same. Just like Davidoff suggested or recommended, the planers in the participatory model involved in the project required more than just technical knowledge.Advertising We will write a custom term paper sample on Contemporary Planning Theory: The Shift to Inclusion specifically for you for only $16.05 $11/page Learn More The project team had to reflect the diversity and experiences of the women they had to work with[11]. This was important so as to facilitate proper understanding of the dynamics informing their situation. Due to the nature of the work, training was an essential part of the whole consultative exercise[12]. Umemeto and Igarashi discuss the idea of deliberative or communicative planning. Deliberative or communicative planning is based on the idea that proper communication based on respect for each other an d engagement of community in discourse on plan issues leads to better plans[13]. The approach is further pegged on the belief that exchange of ideas is instrumental towards better understanding of issues that inform planning. Apart from dialogue helping towards better understanding of issues, it also helps individuals to transcend their relativist or selfish positions or ideas on planning[14]. The idea of communicative planning or deliberative planning correctly captures Davidoff’s thoughts about planning. Planning should capture the real needs of all people rather than serving selfish ends. It is only through engagement in a form of dialogue or exchange that community is enabled to participate. How to engage community so as to respond adequately and realistically to each group’s interests or needs is the big challenge. As a drawing line, ethnicity plays an important role in framing pluralism planning dialogue. Ethnicity is a good consideration when theorizing about de liberative planning because it plays an important role in defining society. People are generally grouped and even associate based on some form of ethnicity[15]. Further, even within ethnic spheres, there are variations that have to be put into consideration. Despite the acknowledgement of differences, effort has to be made to ensure neutrality and mutual respect is exercised by all participating in the deliberative process. Openness and clear communication are important for success of the process[16]. Deliberative planning is worthwhile but as the case of foreigner’s assembly at Kawasaki in Japan shows, more care has to be taken[17]. Just as Davidoff related about the inability of politicians to represent their people properly, due to power games and the might having their way, the deliberative planning process is often compromised by behind the scenes power games.Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Before starting a deliberative process, therefore, it is important that all members are well prepared for the same. The socio-ethnic powers likely to affect the process have to be ironed out[18]. Further, political and structural issues have to be looked into to ensure the institutions and politicians do not scuttle the deliberation process[19]. Despite the challenges or pitfalls of deliberative or communicative planning, the prospects for its application in the future are high. In tandem with Davidoff’s recommendations, proper preparations are critical to the success of any participatory or inclusive approach to planning. From the case study, Umemoto and Igarashi established that the benefits of a deliberative process are substantial[20]. The process critically helps towards consensus building among stakeholders. Further, it also helps reawaken the otherwise disfranchised individuals, to the reality that their views or opinions are important and are worthy voicing. However, for the efficacy of the deliberative processes to be improved, more concern has to go towards appreciating and improving its heuristic structure[21]. In concluding remarks, the two scholars acknowledge that theorists have to be aware of contextual limitations to their perceptions. This call parallels Davidoff’s call for broadening the knowledge of planners or planning theorists. It is only through broad knowledge acquisitions that planners will be able to respond to different contexts appropriately. Bibliography Davidoff, Paul. â€Å"Advocacy and Pluralism in Planning† Journal of the American Institute of Planners31 (1965): 331-432 Rahder, Loevinger, Barbara. â€Å"Victims No Longer: Participatory Planning with a Diversity of Women at Risk of Abuse†. Journal of Planning Education and Research 18 (1999): 221- 230 Umemoto, Karen, and Igarashi, Hiroki. â€Å"Deliberative Planning in a Multicultural Milieu.† Journal of Planning Education and Research29 (2009) : 39- 49 Footnotes . Paul, Davidoff. â€Å"Advocacy and Pluralism in Planning† Journal of the American Institute of Planners (1965): 424 . Ibid., p. 426 . Ibid., p. 427 . Ibid., p.430 . Ibid., p. 426 . Ibid., p. 423 . Ibid., p. 431 . Barbara Loevinger Rahder. â€Å"Victims No Longer: Participatory Planning with a Diversity of Women at Risk of Abuse.† Journal of Planning Education and Research18 (1999): 222 Ibid., p. 223 Idem Ibid., p. 225 . Ibid., p. 229 . Karen, Umemoto and Igarashi, Hiroki. â€Å"Deliberative Planning in a Multicultural Milieu†. Journal of Planning Education and Research29 (2009):39 . Idem . Ibid., p. 40 . Ibid., p. 41 . Ibid., p. 43 . Ibid., p.45 . Ibid., p. 47 . Ibid., p. 49 This term paper on Contemporary Planning Theory: The Shift to Inclusion was written and submitted by user Neil U. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Monday, March 9, 2020

Critical Elements of Research and Clinical Formulation milestone 2 Ess

Critical Elements of Research and Clinical Formulation milestone 2 Ess Critical Elements of Research and Clinical Formulation February 10,2019 Critical Elements of Research and Clinical Formulation In order to understand Ms. Z's results of the MMPI-2 and WAIS-IV we need to obtain a theoretically-based description of the information acquired from these clinical assessments. To achieve this examining research to gain an understanding of and determining why these two particular tests were chosen is necessary. The information gathered and looking at the critical elements of the results will lead to understanding Ms. Z's issues with mental health along with the proper steps that need to be taken for a positive outcome. Test and Assessment Development Analysis: Test One Analyzing and Interpreting Scores With the MMPI-2 an individual answers true, false, or cannot say to a series of 567 questions. The answers are scored on four validity scales which assess the client's general test-taking manner and if they answered truthful and accurately and ten clinical scales that measure ten major types of abnormal human behavior segmented into three general categories: Basic Scales, Supplemental Scales and Content Scales (MacCluskie, Toman, Welfel, 2002). The MMPI-2 is scored by translating raw scores into uniform T scores with a mean of 50 and a standard deviation of 10. Characteristically, when a T score of 60 or greater on clinical scales do cause concern to the clinician, however T scores of 65 or greater are believed to be high and signify psychological distress or dysfunction (MacCluskie et al., 2002). Cultural Concerns Originally the MMPI was introduced in the 1940s and was used to diagnosis mental disorders but soon became a tool for evaluating personality because of its simplicity and wellestablished validity in measuring clinical symptoms and disorders it was used quite often (Kumar, 2015). Conversely, this test was void of the addition of culture, the standardization sample left out ethnic minorities, and was considered racially biased (Kumar, 2015). In the 1980's, revisions were made and the MMPI-2 was developed concentrating on a more culturally fitting version (e.g., translations in several languages, standardizing population norms, and revisiting items containing racial bias). However, it continued to have a shortage of diversity and assessment research. Consequently, literature is extremely limited by concentrating on culturally adjusted norms and language translation as a means of generating culturally proficient multicultural personality evaluations (Kumar, 2015). Ethical Issues Ethical issues with the MMPI-2 is vulnerable to a variety of biases related to self-judgement and self-consciousness of the questions if front of an assessor cited (Kumar, 2015). However, many psychometric methods have been developed to exclude such biases, researchers acknowledge the statement "personality is so personal' that biases are never easy to statistically control" (Kumar, 2015, p. 241). Methods of Interpreting and Communicating Results A computerized method yields the best results for scoring and interpreting data for the MMPI-2. If an individual attempt to hand score the MMPI-2 it is easier for clinicians to accidently miss one of the several categories and the results will be off (Cohen Swerdlik, 2017). Furthermore, it is labor intensive, while scoring with a computer, a clinician can decide how they would believe the results should read. "Computer output may range from a simple numerical and graphic presentation of scores to a highly detailed narrative report complete with analysis of scores on selected supplementary scales" (Cohen Swerdlik, 2017, p. 388). Test and Assessment Development Analysis: Test Two Analyzing and Interpreting Scores The results of the WAIS-IV there is an option of paper and pencil or have it scored through software computer program. An age-based conversion charts are provided for converting subtest raw scores to scaled scores, there is a mean of 10 and a standard deviation of 3 (Climie Rostad, 2011). A composite standard score is calculated by use of the scaled scores and is based on all 10 core subtests (FSIQ) in addition to the individual four indexes (VCI, PRI, WMI, PSI) which contain the respective core subtests with a composite score mean of 100 and a standard deviation of 15 (Climie Rostad, 2011). The Composite Score is the individuals IQ score, composite scores are interpreted as follows: Scores 130 and above are very superior scores 120-129 are considered superior and very superior scores 90-109 is reflected as average scores 80-89 are low average scores 70-79 are borderline scores 69 and lower are considered particularly

Friday, February 21, 2020

British petroleum Essay Example | Topics and Well Written Essays - 750 words

British petroleum - Essay Example Some of the brands of the company are ARCO, Castrol, and Wild Bean Cafà ©. When companies show balance sheets for the group and for the company they are reporting the income of a subsidiary that is part of a parent company. The group balance sheet is the result of the entire company. The company is a subsidiary that reflects the result of a business segment of the firm. The financial statements of British Petroleum illustrated in its latest annual report only reflect the results of the group or the parent company. The assets minus liability equation can be interpreted as a liquidity ratio. A more specific evaluation of short term liquidity would occur by subtracting the current assets against the current liabilities. The accounting equation states that assets equal liabilities plus stockholders equity (Cliffnotes, 2012). The straight line method is calculated dividing cost minus salvage value by depreciation time. â€Å"The declining balance depreciation method uses the depreciable basis of an asset multiplied by a factor based on the life of the asset† (Assetaide, 2009). The use of an alternative method of depreciation such as double declining would increase the expenses of the company in the early years, thus the profitability of the company would be lower in the short term. Stewardship accounting refers to, â€Å"A traditional approach of accounting that places an obligation on stewards or agents, such as directors, to provide relevant and reliable financial information relating to resources over which they have control but which are owned by others, such as shareholders† (Williamson, 2002). There are several factors that affect the price of common stocks. The prices of stocks are influenced by the general state of the economy, the financial performance of a company as illustrated in its financial statements, and by political factors among other reasons. If I was a potential investor of British Petroleum I would be very satisfied with