Human Sevice Final Exambshs - 839 Words

BSHS 305 Final Exam Instructions: Indicate your answer to each question below by highlighting your choice. Each correct answer is worth .5 points. Please note that there is NO LATE PERIOD for the final. Your exam must be uploaded no later than 11:59 p.m. on the last day of class. 1. Which one of the following skills best helps the human service professional understand the client’s environment? a. listening b. report writing c. problem solving d. advising 2. Ethical codes adopted by a profession are usually based on the premise that a. the solution to every problem can be found in the ethical code. b. professions can police themselves. c. professionals can’t be trusted to make their own decisions. d. ethical†¦show more content†¦a. self-awareness b. clinical judgment c. congruence d. ethical integrity 14. Important considerations when making a referral include all of the following except a. having the personal phone number and email address of the person you’re referring the client to. b. ensuring that the referral agency is able and willing to provide the service that the client needs. c. knowing the eligibility criteria for the referral agency. d. determining that the referral agency is accessible geographically. 15. The cornerstone of helping is a. communication skills. b. rapport. c. the helping relationship. d. the clients. 16. Which of the following is not true of crisis intervention? a. it is a time-limited service. b. it usually involves only one helper to provide services c. it focuses on the client’s current life situation d. the helper must quickly establish trust 17. The client empowerment model is effective when a. clients are part of the majority culture b. clients can easily articulate their cause c. clients have past experience organizing d. clients are taught how to promote change 18. A code of ethics includes all except a. the goals of the profession b. guidance for professional behavior c. contributions to a professional identity d. instructions for all ethical dilemmas 19. The worker’s assurance

Essay on a Man For All Seasons - By Robert Bolt Mores...

quot;A Man for All Seasonsquot; by Robert Bolt: Mores Moral Dilemma nbsp;nbsp;nbsp;nbsp;nbsp;During the English renaissance in the 1500s, King Henry VIII wants a divorce from his wife for various reasons, but divorce is against the Catholic religion. This is why he wants Sir Thomas Mores consent, because More is a highly respected Catholic, but he is such a good Catholic that he goes against divorce. In the play, A Man for All Seasons, by Robert Bolt, King Henry VIII applies pressure on Thomas More to support the divorce in many ways. He exerts it both directly and indirectly in forms of threats and intimidation from various people. Henry forces Meg, Mores quot;renaissance womanquot; daughter, to take an oath in order to†¦show more content†¦More still sticks to what he believes in, because he believes that he must always do what God wants him to do, for there is no limit to what god can quot;reasonably want.quot; Meg does as much as she can to persuade More to support the King, but it does not work, and More sticks to his morals. nbsp;nbsp;nbsp;nbsp;nbsp;Henry also orders Cromwell to pressure More to support the divorce. At first, Cromwell informs More directly that the king is not pleased with him, and then says, quot;Yet you do not know that even now, if you could bring yourself to agree with the Universities, the Bishops and the Parliament of this realm, there is no honor which the King would be likely to deny you?quot; (page 66). More acknowledges this and says, quot;I am well acquainted with His Graces generosity,quot; (page 66). Cromwell wants More to know that the king still has great respect for him, and if he supports the divorce there would be quot;no honor which the King would be likely to denyquot; him. More is not greatly affected by this type of pressure however, because he is the type of man that does not let rewards tempt him to go against his morals. Cromwell realizes that More is stubborn on this issue, and wants to execute him, so to More he directly reads the charges against him, quot;That you did conspire traitorously and maliciously to deny and deprive our liege lord Henry of his undoubted certain title Supreme Head of the Church of England,quot; (pages 86- 87). MoreShow MoreRelatedValues and Morals in A Man For All Seasons by Robert Bolt Essay552 Words   |  3 PagesValues and Morals in A Man For All Seasons by Robert Bolt In the play A Man For All Seasons by Robert Bolt the audience learns about the extraordinary life of Sir Thomas More. Sir Thomas is faced with a moral dilemma that will determine the outcome of his life. More, chancellor of England , and a strong Christian believer is forced to choose between his close friend, King Henry VIII, and the supreme lord his God. More is a man of moral integrity because he refuses to submit to external pressuresRead MoreThe s Dramatic Presentation Of Sir Thomas More As A Common, Heroic Man For All Seasons1273 Words   |  6 PagesPresentation of Sir Thomas More as a Common, yet Heroic Man Robert Oxton Bolt was an English teacher at a prestigious private school and wrote plays and scripts for radio dramas. The success came in 1957 with the play â€Å"Cherry Blossom† and allowed the young playwright to leave the teaching profession and to concentrate on work. His next play, â€Å"Man for All Seasons,† dedicated to the life of the famous statesman Sir Thomas More became very popular in the theatrical world. Bolt is a follower of BrechtianRead MoreEssay on Corruption in the Play â€Å"a Man for All Seasons†1738 Words   |  7 PagesCorruption in the play â€Å"A Man For All Seasons† The main plot in the play â€Å"A Man For All Seasons† by Robert Bolt is corruption, more specifically political corruption. While the play focuses heavily on the social demise, and moral strength of the character Thomas More. It also covers the inverse process with other characters, such as; Richard Rich, Thomas Cromwell, and the king of England Henry VIII. In the play Thomas More stands as a beacon of selfhood and virtue, while the other three men usedRead More Thomas More: Preserving Self in Society in A Man for All Seasons1074 Words   |  5 PagesOthers may adopt a Christian perspective to his moral struggle. Robert Bolt, however, would describe him as a man who exemplified an â€Å"adamantine sense of his own self† (Bolt xii). A Man for All Seasons, although non-theological in its scope, nevertheless presents a dramatic hero of no small interest to the contemporary Christian, but whose significance does not end there. Sir Thomas More, a well-known martyr and ins piration to those â€Å"moral† among us, is a man of inexorable integrity, whose steadfast adherenceRead More65 Successful Harvard Business School Application Essays 2nd Edition 147256 Words   |  190 PagesT With Analysis by the Staff of The Harbus, the Harvard Business School Newspaper ST. MARTIN’S GRIFFIN NEW YORK 65 SUCCESSFUL HARVARD BUSINESS SCHOOL APPLICATION ESSAYS, SECOND EDITION. Copyright  © 2009 byThe Harbus News Corporation. All rights reserved. Printed in the United States of America. For-information, address St. Martins Press, 175 Fifth Avenue, New York, N.Y. 10010. www.stmartins.com Library of Congress Cataloging...in..Publication Data 65 successful Harvard Business -SchoolRead MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 Pages Strategic Human Resource Management, Second Edition by Charles R. Greer Copyright  © 2001, 1995 by Prentice-Hall, Inc. A Pearson Education Company Upper Saddle River, New Jersey 07458 Compilation Copyright  © 2003 by Pearson Custom Publishing All rights reserved. This copyright covers material written expressly for this volume by the editor/s as well as the compilation itself. It does not cover the individual selections herein that first appeared elsewhere. ii Permission to reprint theseRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagesregistered trade mark of Oxford University Press in the UK and in certain other countries Published in the United States by Oxford University Press Inc., New York ß Oxford University Press 2006 The moral rights of the author have been asserted Database right Oxford University Press (maker) First published 2006 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of Oxford UniversityRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesCredits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on the appropriate page within text. Copyright  © 2013, 2011, 2009, 2007, 2005 by Pearson Education, Inc., publishing as Prentice Hall. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in anyRead MoreProject Managment Case Studies214937 Words   |  860 PagesSTUDIES, SECOND EDITION HAROLD KERZNER, Ph.D. Division of Business Administration Baldwin-Wallace College Berea, Ohio John Wiley Sons, Inc. This book is printed on acid-free paper. @ Copyright O 2006 by John Wiley Sons, Inc. All rights reserved. Published by John Wiley Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanicalRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesMichael Adas for the American Historical Association TEMPLE UNIVERSITY PRESS PHILADELPHIA Temple University Press 1601 North Broad Street Philadelphia, Pennsylvania 19122 www.temple.edu/tempress Copyright  © 2010 by Temple University All rights reserved Published 2010 Library of Congress Cataloging-in-Publication Data Essays on twentieth century history / edited by Michael Peter Adas for the American Historical Association. p. cm.—(Critical perspectives on the past) Includes bibliographical

Competitive Analysis Business Valuation - Myassignmenthelp.Com

Question: Discuss about the CompetitiveAnalysisBusiness Valuation. Answer: Introduction: Drones a are pilotless aircraft, traditionally considered as a military weapon; has now developed various application in almost every field of life. Drones are around us in different forms since last one century. Drone is a rapid growing industry whose revenue is rising exponentially with each year and is now being regulated by Federal Aviation Administration (FAA). The strategic and competitive environment has been assessed via Porters model of five forces. Numeric data has also been collected to analyze cost advantages of using drone technologies. Background: UAV which is Un-manned Aerial Vehicle is a scientific name of the technology which we generally known as Drones. The concept of UAVs originated back in 1849 during the first Italian independence war against Austrian, when Austrian used pilotless balloons carrying explosive material to attack over Venice (Finding Dulcinea News, 22 August 2011). Although it was not a total success because of its reliance on mere air but it laid the foundation of the drones technology which we see now a day. First pilotless aircraft named Kettering Bug developed by US military, appeared on world map in 1916 which can be regarded as a cruise missile (Fortune, 9 October 2014). In 1930, US navy started their research on RC or radio-controlled aircraft which led to the formation of Curtiss N2C-2 drone in the mid of 1937. The very first massed production of RC aircraft is witnessed during world war-II by Reginald Denny who named its technology as Radio plane 0Q-2 and is considered as a breakthrough point in manufacturing and supply of drones (CONSORTIQ, 16 June, 2017). The first non-military use of drones appeared in 1993 when they had been used to monitor climate and environment changes (redOrbit, 25 May 2016). Moreover, general use as toys as well as camera shots gain popularity from mid-to-late 2000s when numerous companies shift their focus towards shipping and vehicular drones to replace human intelligence as well as errors (AirSpace, 19 May 2017). In 2010, French company Parrot manufactured and released first successful ready to fly consumer drone which established the connection merely via Wi-Fi. To gain a competitive advantage, online retailer giant Amazon; in the late 2013 announced its project to deliver parcels via drones (WIRED, 31 March 2017). Upon rise in the usage of drones; FAA established rules and regulations to manage drone flights without compromising public safety and security (Federal Aviation Administration, 21 December 2015). These regulations include maintain altitude under 400 feet and it is to be only flown by person havi ng remote pilot certificate and not allowed to operate beyond pilots line of sight (Goldman Sachs, 2017). Today we see drones equipped with state-of-the-art technologies like 3d-mapping, 360-degree professional cameras, sensors like UAV, Barometer, distance, heat, depth measurement etc. and have numerous applications in agriculture, construction, media, real estate, science, mining, private security, rescue operations and wildlife. Recent data shows a potential compound annual rise of 19% in the commercial and civilian drone sector by 2020, as opposed to just 5% growth in military market (Goldman Sachs, 2017). Competitive Environment: The dynamic external environment in which an industry or a business operates is, its competitive environment which includes direct and indirect competitors as well and more sellers of the identical product means high competitive environment. Factors like world economic condition, events, labor shortage and natural disasters affect the environment. The competitive environment facilitates the connection between organizational performance and organizational alignment and it is a prominent factor affecting its performance so, managers should take it into account while formulating strategic decisions. (Cao, Baker Hoffman, 2012.) Since the drone industry is still an emerging technology, it operates in a highly competitive environment and companies like Parrot France(62%), 3d robotics USA(56%), USA (26%) and Cyber Technology Australia (17%) are top key players giving stiff competition to each other (DRONEII, 20 July 2015). Five Forces Analysis: Model of Porters five competitive forces is an efficient tool to analyze industry structure of an organization in strategic processes. The central vision is that the corporate strategy must be able to meet the opportunities and threats that an organization face in its external environment. By knowing the most compelling and impactful force in the industry; will help the managers in categorizing the significant parameters affecting the firms performance and profitability in that specific domain and help them exploiting particular characteristics of their industry (Crain Michael, 2010). Threat of Entry of New Competitors: Barrier or obstacles in entry stops entrepreneur from entering into a specific market. They act as a warning against new entrants. There are several barriers to entry into drone industry including laws, rules, latest technologies, cost etc. Since the economies of scales assist manufacturers to reduce their cost by fabricating the next unit of output at comparatively lower cost. Meanwhile, when new rivals enter, because of the fact that they possess smaller economies of scale; they ultimately face a higher cost of production (South China Morning Post, 02 March 2016). In the case of drone industry, learning curve is high which requires new entrants to devote time as well as money to study the market thoroughly. Besides all these fact, since the drone industry is an emerging business making threat of new competitors real. Because of low cost of entry and accessibility of state-of-the-art technology to everyone allows the startup entrepreneurs to enter without significant hurdles. Regard less of stiff competition among existing companies, several beginners are availing the advantages of full potential drones proposal. For example, despite having revenue kings like Parrot, DJI and 3DR; a comparatively small German industry Air Robot gave a surprise upon winning the tender for becoming industry partner of US BSNF Railway inspection program (DRONEII, 15 October 2015). Bargaining Power of Customers: The market can mainly be divided among two main type of service providers i.e. generalists and specialists. Knowledgeable as well as well-informed customers are ready to pay any amount to get the supposed/desired quality presented by highly experienced and skilled manufacturers (Suwardy Ratnatunga, 2014). Since majority of the clients of drone industry which can be categorized specialists as they required customized product tailored to their operation for example construction, film industry, agriculture, media, military, oil gas refineries, coast guards; they are well educated and well informed. Moreover, use of drones to carry out operations significantly reduce their expenses. So, they are less sensitive to the prices and they end up paying even high amount. Thus, the bargaining power of the customers can be regarded as weak in this case and clients capacity to bargain is practically nullified by the structure of the industry. Threats of Substitute Products: As far as the substitutes are concern, customers may have a choice, they may be under some circumstances ready to accept alternative services for limited time if it suffices their needs or to save money for short term but in most of the scenarios these substitutes can not be used for long term (Ndanga et al, 2015). For example, if a company is required to conduct a field survey for single time, it might opt to conduct it manually than buying a whole batch of drones which will be of no use after single use. Although the drone industry is providing alternatives to several well-known industry procedures but still the possible threat of returning back to traditional products cannot be eliminated. As the price of alternate methods of doing things are high so there is a minimal threat of reverting back to them. As oil gas industries taking advantage of its thermal imaging and gas sniffer technologies to conduct their thousands of miles of pipelines as well as oil rigs. Sky future a drone manufacturer turned this into a competitive advantage and already invest $9.5m in projects with BP, shell, Conoco Philips (Harvard Business Review, 29 June 2016). Moreover, the need of the drones is rising every day; subject to the available technology in future, there is a little threat of substitute products. Intensity of Existing Rivalry: Collectively organizations rely on each other for success. A firm is comprised of several markets in which they are contending against numerous competitors. This multipoint rivalry is a proper demonstration of competitive network which infers the mutual interdependence of firms and in high intense rivalry senior management processes are focused on avoidance of errors (Xu, 2011). Policies defined by government can dictate the amount of rivalry within industry. Since it is a new industry and its revenue is rising swiftly so they are less probable to rival against each other because the overall size of industry is also growing. It allows several firms to flourish without stealing market share. Although competition among few drone giants rises in the past year. Chinese private drone manufacturer company DJI gained a stiff competitive edge in the market by the release of its marvelous model SPARK, on the other hand its closest competitor GoPro is recalling its Karma Drone after technical failures which resulting in a competitive edge to DJI (Dow Jones, 31 May 2017). Regardless of its large and free market structure, few zones of this industry are susceptible to high rivalry, especially in military applications. This part is in command of large developers of weapons or several government firms including defense contractors. This sub-industry is dominated by large weapons developers, defense contractors, or direct branches of various government organizations. In billions of dollars weapons industry, the innovations in this specific zone of industry are generally undisclosed. This freshly developed industry has left numerous arenas unexplored, restricting the intensity of rivalry from existing firms. As the new aspirants form the trust within customers they will ultimately result into strong competition in future. Bargaining Power of Suppliers: The case when suppliers power is high, industry tends to lowers the cost to get above average returns and cost reduction give them a competitive advantage over others; experience curves effects and economies of scale are helpful to generate cost based advantage (Fuentes-Fuentes, Llorns-Montes Albacete-Sez, 2007). Since as opposed to buyers; suppliers are in concentrated numbers and there is no reasonable substitute available in the market and buyers are disintegrated means there are several buyers but neither of them constitute a big portion of sales; this all make supplier power high (The Drone Industry, 2017). There is strong possibility that in future when drone industry is fully developed and rivalry amongst suppliers is high then prices tend to decline and low bargaining power will be observed. Quantitative analysis Investigating the statistical indicators of the quantitative analysis presented, it will be possible to consecrate the main prospects for the growth of the drones industry. The analysis promotes study of the market sustainability status and its business success both within countries and on the international scene. In addition, without a detailed quantitative analysis, it is unlogical to summarize the results and conclusions of this work. For starters, we should mention the costs of creating drones. The costs are determined by the technology, on the basis of which the drone is created and the development approach. These include: - Components, parts and materials - Machine tools Global market of Un-manned Arial Vehicle accounts for a significant growth on aerial platform. Today, defense ministry of several nations uses UAVs having several features across the world. The global demand is fuelled with successful use of UAV system in combating operation by Afghanistan and Iraq (Atwater 2015). The rapidly growing drone industry with use of intensively developed software and hardware takes an important place in different industry. These industries are agriculture, management of land, construction and energy industry. In the global aerial drone market, the lion share is captured by the defense industry. Figure 1: Global drone market (Source: statista.com 2017) Figure 2: Key Market segmentation in Drone industry (Source: statista.com 2017) Several factors play important role in the global payload industry of drone. Use of technologically advanced products such as cameras, mapping software, mapping covering multidimensional aspects and sensory application are major determinant of future growth of the industry. Arrangements for privacy or security and Use of high-resolution satellite imagery are other aspects in the industry. Countries like United States, United Kingdom, India, China, Russia and other countries make substantial investment for improving defense portfolios (Cho, Lee and Lee 2016). Overtime the monetary expense on unmanned system of land, water and air both by developed and developing nations. Major participants in the global drone market are North American countries such as U.S, Canada, Mexico, European countries like Germany, U.K, France and Rest of Europe, Asia-Pacific region including countries like Japan, China, Australia, India and rest of Asia-pacific nation and middle east, Latin America and African countries. Figure 3: Market share of importing countries in drone market (2010-2014) (Source: statista.com 2017) As shown from the figure, UK is the top importers followed by India, Italy, Azerbaijan, Germany and other. Figure 4: Ranking of countries by Military expenditure (2015) (Source: Atwater, D.M., 2015) United States has the largest amount of military expenditure and hence constitutes a significantly high demand for drone. Figure 5: Comparative analysis of regional market share in global Drone market (Source: Atwater 2015) In 2015, North America enjoyed 48.3% share in the market. The market share of North America projected to be declined in 2022 with gaining is share by participants such as Europe, Asia-Pacific and others. Figure 6: Trend analysis of global Drone Shipment (Source: statistica.com 2017) The statistics on global drone market in terms of revenue and shipment show an upward trend over the last few years. Coming to region wise specification, largest revenue share is channeled to the USA followed by Europe and China. Figure 7: Global share of revenue by regions (Source: Cho, Lee and Lee 2016) Some major players in the global drone markets are DJI, Parrot and 3D Robotics. The revenue share of these three players is given in the following figure. Figures 8: Major players in the drone market (Source: Cho, Lee and Lee 2016) USA is one of major users of drone. Different industries in US uses it effectively. Photo industry in US makes maximum use of this aircraft. In the global market, drones are available at different price ranges. Different models of Drones are found at cheap price, at middle ranged prices as well as at an expensive price. Cheap Drones Model name Price Hubsan X4 $30 Parrot Mini Drone $50 Syma X5C $50 Inguity XR micro hexacopter $45 (Source: mydronelab.com 2016) Middle-Priced Drones Model name Price Blade Nano RTF quadcopter $400 The Parrot Bebop $400 DJI Phantom 2 Vision+ $450 Cheerson CX20 $200 Walkera QR X350 $800 (Source: mydronelab.com 2016) High-Priced Drones Model Name Price Walkera Tali 500 $800-$1400 DJI Spreding wings S1000+ $1,500 DJI T600 Inspire 1 $3,000 DJI Matrice 100 $3,300 (Source: mydronelab.com 2016) The reason for different prices of drones are cost differential in manufacturing drones. The prices vary depending on basic cost structure and accessories used in building drone. The basic components needed for constructing a drone are frame, motor, ESC, Propellers and Transmitters and receivers. Basic cost structure of Drone Components Cost Drone Frame $100-$200 Motors $10-$100 ESC $30-$50 Propellers $50 Flight Controller $100-$250 Batteries $5-$20 Transmitter and Receiver $50-$400 (Source: mydronelab.com 2016) Apart from basic inputs, other accessories used by manufacturers are propeller guards, extra propellers, extra batteries, micro SD card, Flight Recorder, Led Light kit, camera gimbal and others. Cost of Drone accessories Components Cost Propeller Guards $4-$20 Extra Propellers $2-$8 Extra Batteries $3-$20 Micro SD card $5-$25 Flight Recorder $93 Led Light Kit $8 Camera Gimbal $10-$74 (Source: mydronelab.com 2016) Summing up The global drone industry is growing at a faster pace. The major regions participating in global drone market are North America, Asia Pacific, Europe, Africa and Middle East nations. Globally USA captures a significant market share. However, other countries are making investment in this industry and capturing an increasing share in the market. Hence, global drone market becomes highly competitive. Some major players are Parrot in France having 62% share, 3D robotics in USA with 56% share and Cyber Technology in Australia having 17% share. Five forces analysis of is made to examine competitiveness of the industry. In the drone industry, new entrants face barriers in the form of restriction in laws, cost, latest technology and others. The two main types of service providers are generalists and specialists. Customers of specialists drones have an inelastic demand and pay a high price. In the market though substitutes are available that can be used in short term but cannot be used for lo ng term. Intensive rivalry exists among the existing players. The suppliers of drone usually have a high bargaining power arising from factors such as low market power of buyers and low availability of substitute. Cost leadership, product differentiation and focus are vital aspect of any business strategy. Under cost leadership, firms are trying to reach at the level where production is made at least possible cost. Differentiation means adding some extra dimension to its own product while operating in a competitive environment. Focus means resting focus of the company at a narrow competitive space (Atwater 2015). Given the current state of global drone industry, the most optimal strategy for the drone industry is low cost and differentiation. More the companies invest in their research and development more they will be able to achieve a cost effective technology and hence, can offer best quality drone at a reasonable price. The low cost strategy allows DJI, a drone manufacturer having parent company in Hong Kong dominated the word market with its low cost strategy. DJI is able to provide drone with a better price and better technology. Another optimal strategy for the industry is make their ow n build drone as differentiated as possible. DJI has differentiated its product from its competitor using some unique materials. While other competitors use Go Pro type action camera DJI is focusing on aerial cameras. The industry future Today the global drone industry has accounted an incredible growth rate. With advent of technology and use of such advanced technology in manufacturing drone results in introduction of newer model on the global platform. Today various sectors have been using drone for serving different purposes. There are several new technology that are in progress and yet to be applied. The price of drone has fallen drastically with use of low cost technology. The trend has started by DJI. To compete with DJI other major players will try to reduce their price. 3D Robotics is trying to break the domination of DJI in the market. In future, it is expected that new companies will arrive at the market place with low cost technology leading to further decline in prices. The existing players can differentiate themselves by integration with other technology. There are significant scope for Parrots Drone to integrate with Oculus Rift and this allows the users to view first person in drone flight. With a redu ced cost and scope to serve different purposes, the single industry in future will likely to have a huge impact in industries such as agriculture, security, energy and insurance. The use of drone in the field of agriculture is expect to increase in future. The figure is expected to reach USD billions 4.3 by 2022 with an approximated rate of 27% CAGR in between 2016 and 2022. With diversified usages of drones in different industry, investors have become increasingly interested to invest in drone industry. To meet the increased demand, there will be an increase in direct spending by different industries and consequently this will have a strong economic impact in near future. References: AirSpace, 2017. A Brief History of Quadrotors. AirSpace. 19 May. https://www.airspacemag.com/daily-planet/brief-history-quadrotors-180963372/. Viewed 28 December 2017. Atwater, D.M., 2015. The Commercial Global Drone Market.Graziadio Business Review,18(2). Cao, Q., Baker, J. Hoffman, J.J., 2012. The role of the competitive environment in studies of strategic alignment: a meta-analysis.International Journal of Production Research, 50(2), pp.567580 Cho, Y.H., Lee, C.H. and Lee, B.G., 2016, December. Proposal for WPT Drone Spectrum Allocation Policy. InComputer Science and Engineering (APWC on CSE), 2016 3rd Asia-Pacific World Congress on(pp. 187-192). IEEE. CONSORTIQ, 2017. A Short History of Unmanned Aerial Vehicles. CONSORTIQ. 16 June. https://consortiq.com/media-centre/blog/short-history-unmanned-aerial-vehicles-uavs. Viewed 26 December 2017. Crain, Michael A., 2010. A competitive analysis business valuation services: five competitive "forces" shape industry strategy.Journal of Accountancy, 210(5), p.36. Dow Jones, 2017. Competition rises among drones manufacturers. Dow Jones. 31 May. https://www.dowjones.com/insights/competition-rises-among-drone-manufacturers/. Viewed 28 December 2017. DRONEII, 2015. Top 20 Drone Manufacturer Ranking Q2 2015. Droneii. 20 July. https://www.droneii.com/top-20-drone-manufacturer-ranking-q2-2015. Viewed 28 December 2017. DRONEII, 2015. Drone market and key player unveiled. Droneii. 15 October. https://www.droneii.com/drone-market-and-key-player-unveiled. Viewed 28 December 2017. Finding Dulcinea, 2011. On this day: Austria drops balloon bombs on Venice. Finding Dulcinea, Librarian of the Internet. 22 August. https://www.findingdulcinea.com/news/on-this-day/July-August-08/On-this-Day--Austria-Rains-Balloon-Bombs-on-Venice.html Viewed 27 December 2017. Fortune, 2014. A Brief history of Drones. Fortune. 9 October. https://fortune.com/2014/10/09/a-brief-history-of-drones/ . Viewed 27 December 2017. Fuentes-Fuentes, M.M., Llorns-Montes, F.J. Albacete-Sez, C.A., 2007. Quality management implementation across different scenarios of competitive structure: an empirical investigation. International Journal of Production Research, 45(13), pp.29752995. Federal Aviation Administration, 2015. Press Release- Unmanned Aircraft Registration System Takes Flight. FAA. 21 December. https://www.faa.gov/news/press_releases/news_story.cfm?newsId=19874. Viewed 28 December 2017. Goldman Sachs, 2017. Drones- Reporting for Work. Goldman Sachs. https://www.goldmansachs.com/our-thinking/technology-driving-innovation/drones/. Viewed 28 December 2017. Harvard Business Review, 2016. Companies are turning drones into a competitive advantage. HBR. 29 June. https://hbr.org/2016/06/companies-are-turning-drones-into-a-competitive-advantage . Viewed 28 December 2017. My Drone Lab. (2016).Cost of Drones: What Affects the Drone (Quadcopter) Prices?. [online] Available at: https://mydronelab.com/buyers-guide/cost-of-drones.html [Accessed 6 Jan. 2018]. Ndanga, L.Z.B. et al., 2015. Application of Porter's framework to assess aquaculture value chain in Kenya.African Journal of Food, Agriculture, Nutrition and Development, 15(3), p.10118. RedOrbit, 2016. The History of Drone Technology. RedOrbit. 25 May. https://www.redorbit.com/reference/the-history-of-drone-technology/ . Viewed 27 December 2017. South China Morning Post, 2016. Competition in Drone Market Threatens Innovators, as DJI Releases Sensor-laden Product. SCMP. 02 March. https://www.scmp.com/tech/article/1919966/competition-drone-market-threatens-innovators-dji-releases-sensor-laden-product. Viewed 28 December 2017. Statista. (2018).Worldwide - commercial drone revenue 2017 | Statistic. [online] Available at: https://www.statista.com/statistics/740394/global-commercial-drone-revenue/ [Accessed 9 Jan. 2018]. Suwardy, T. Ratnatunga, J., 2014. Business Landscaping for Strategic Advantage: Evidence from a Multi-Sector Study.Journal of Applied Management Accounting Research, 12(2), pp.115. The Drone Industry, 2017. The Dawn of the Drones. The Drone Industry. https://thedroneindustry.weebly.com/porters-industry-analysis.html . Viewed 28 December 2017. WIRED, 2017. Amazon is Dead Serious about Delivering Your Goodies by Drone. WIRED. 31 March. https://www.wired.com/2017/03/amazon-is-dead-serious-about-delivering-your-goodies-by-drone/. Viewed 28 December 2017. Xu, Y. (2011). COMPETITIVE NETWORK AND COMPETITIVE BEHAVIOR: A STUDY OF THE U.S. AIRLINE INDUSTRY. Academy of Strategic Management Journal, 10(1), 45-63.

Nuclear Power Exploitation to Generate Electricity

Introduction The world is facing growing energy demands that traditional electricity generation methods have been unable to satisfy. Nuclear energy has emerged as a feasible option for providing power for the world. Nuclear power stations have experienced great advancements since they were first implemented five decades ago.Advertising We will write a custom research paper sample on Nuclear Power Exploitation to Generate Electricity specifically for you for only $16.05 $11/page Learn More These stations are built with a strong emphasis on safety and cost. They are expected to produce adequate electricity to meet consumer demands and at prices that are competitive compared to other sources of electricity. This paper will discuss how nuclear power has been exploited to generate electricity. How Nuclear Power Works Nuclear power plants generate electricity by harnessing the heat generated from nuclear reactions and using the heat to produce electricity in c onventional ways. The nuclear reaction used by modern power plants is fission which involves splitting radioactive isotopes into two. This process creates a chain reaction as the newly formed nuclei travel at high speeds in opposite directions and collide with neighboring atoms therefore initializing a chain reaction. The nuclear process takes place in a specially constructed nuclear reactor. Sivanagaraju (2010) reveals that the reactor is made up of a core that has the nuclear fuel, control rods for controlling the fission process and a moderator for slowing the neutrons. During the nuclear reaction process, enormous heat energy is generated at the core. Water is used to provide cooling and it is contained in a primary and secondary loop (Sivanagaraju, 2010). The primary loop is in contact with the core which makes it potentially radioactive. The water in the secondary loop is not in contact with the core hence it is not radioactive. During the cooling process, heat energy is trans ferred to the primary loop water. This primary loop water is pressurized to ensure that it remains in liquid state. Using a heat exchanger, the primary loop water heats the secondary loop water turning its water into steam that turns turbines to generate electricity. Advantages of Nuclear Power Nuclear power has reduced the detrimental environmental impact caused by traditional power generation methods. The use of nuclear power has reduced the reliance on environmentally degrading methods such as coal burning and the use of fossil fuels (McKinney Schoch, 2012).Advertising Looking for research paper on other technology? Let's see if we can help you! Get your first paper with 15% OFF Learn More By using nuclear power, nations have decreased their greenhouse gas emissions significantly since nuclear power plants do not emit these harmful gases. This power source has therefore led to a significant reduction in the environmental damages caused by power generation. A signif icant advantage of nuclear energy is that it helps satisfy the growing global electricity demands. Due to population increase and industrial growth in many countries, electricity demands have risen rapidly over the last decade. This has put a strain on the traditional sources of electricity such as hydropower and fossil fuels. Nuclear energy has emerged as a feasible alternative, capable of producing reliable power for the remotely near future (McKinney Schoch, 2012). Unlike other alternative sources such as solar power and wind power which are unreliable, nuclear power is able to provide continuous energy. In addition to this, nuclear power is able to significantly reduce the energy dependence that a country has on others. Presently, fossil fuels are the primary source of energy for most nations. However, fossil fuel reserves are only available in a few countries. Many countries therefore have to import the fuels creating a huge energy dependency on the oil-producing nations. Nucl ear power plants ensure that a nation can generate power. This reduces the demand for the fossil fuels and promotes energy independence by the nation (Sivanagaraju, 2010). Finally, nuclear power plants require comparatively less space to implement. Compared to electricity production methods such as solar power plants, wind farms, and hydroelectricity, the space requirements for nuclear power facilities is small (Sivanagaraju, 2010). This is a significant merit since it means that nuclear facilities can be constructed near load centers such as cities where large spaces of land for the other electricity generation methods might not be available.Advertising We will write a custom research paper sample on Nuclear Power Exploitation to Generate Electricity specifically for you for only $16.05 $11/page Learn More Disadvantages of Nuclear Power Nuclear fuel is a nonrenewable energy source meaning that it will run out after a certain duration of use. Loyn (2011 ) explains that the reserves of uranium, which is the primary fissile fuel for modern reactors, are finite and the reserves are projected to be depleted in about a century. As such, while nuclear power stations can serve as an alternative source of energy for the near future, they cannot be relied upon to provide for the global energy needs indefinitely. Another significant demerit of nuclear power is that it produces toxic waste products. This toxic waste is radioactive in nature and can cause harm to the environment. To make matters worse, the waste produced has a very long half-life which means that they remain harmful for thousands of years (Loyn, 2011). The material must therefore be stored safely using expensive and sophisticated storage devices. Nuclear power plants expose the society to significant dangers in the event of a major disaster in the nuclear power plant. If the power plant is damaged significantly, the harmful radiation at the core can escape into the environment causing great devastation. McKinney and Schoch (2012) reveal that nuclear accidents can result in the deaths of up to a hundred thousand people and the radiation poisoning of tens of thousands more. Nuclear Power and the Environment Nuclear power has a mostly negative relationship with the environment. These facilities present a real danger to the environment in case of a disaster in the power plant. The huge quantities of toxic waste produced by power plants are also a danger to the environment. Accidental spillage of the radioactive waste can contaminate food chains and drinking water therefore degrading the environment (Loyn, 2011). In addition to this, the mining and processing of nuclear fuel are harmful to the environment. Uranium mining is energy intensive and huge tracks of land have to be strip mined to obtain the fuel. However, nuclear power can be positive for the environment. Most of the negative effects would require catastrophic failures to occur in the power plant. H owever, this occurs in rare situations since nuclear power plants are built with safety considerations as a priority (McKinney Schoch, 2012). The nuclear power plant therefore presents little danger to the society while reducing the harmful effects caused by fossil fuels.Advertising Looking for research paper on other technology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Modern Nuclear Plants Many governments are beginning to invest in modern nuclear power plants to meet the energy demands of their countries. The World Nuclear Association (2013) reveals that currently, there are over 60 modern nuclear reactors being constructed. These constructions are taking place in 13 countries distributed in various regions of the world. However, most of the nuclear plants are being built in the Asian region where the rising population and growing economy has created a huge demand for energy. China has the largest number of new reactors under construction with 26 reactors already commissioned by the government to increase the country’s nuclear capacity (World Nuclear Association, 2013). The China Guangdong Nuclear Power Group is responsible for most of the nuclear power plant constructions in China. India has seven new power plants under construction and these new plants are being built based on modern western and Russian designs. The Indian public sector enterprise Nuclear Power Corporation of India is responsible for most of the new nuclear power plant constructions in the country. The Future of Nuclear Power Significant advances are being made in an effort to increase fuel efficiency in nuclear reactors. Templeton (2013) reveals that extensive research has been carried out on molten salt reactors (MSR). The concept of molten salt reactors is to use a liquid fuel as opposed to the traditional solid pellets to power the nuclear reactor. When implemented, the molten salt can play the role of both fuel and coolant. It will circulate with the help of pumps from core to heat exchangers with higher thermal efficiency (Templeton, 2013). In the present, technology is not used for commercial purposes. However, as greater energy production is demanded of individual reactors, this technology will become prevalent. Another expected future development in nuclear power is the use of fusion technology. The fusion process involves having the nucl ei of light elements fuse together to form heavier elements (Loyn, 2011). Using this technology will ensure that the world has an unlimited supply of nuclear fuel since ordinary seawater will be used for nuclear fusion. Conclusion This paper set out to discuss how nuclear power is being exploited to generate electricity. It noted that nuclear fission is the method employed by modern power plants. The paper has noted that nuclear power has advantages such as low pollution, reliability, increased energy security, and lower space requirements. However, nuclear power suffers from being a non-renewable resource and the toxic waste produced can harm the environment. The future of nuclear power entails increased efficiency of fuel use fuels through molten salt reactor utilization and perfecting nuclear fusion technology. References Loyn, C. (2011). Can Nuclear Power Save the Climate? Young Scientists Journal, 9(1), 16-19. McKinney, M.L. Schoch, R.M. (2012). Environmental Science: Systems and Solutions. NY: Jones Bartlett Publishers. Sivanagaraju, S. (2010). Generation and Utilization of Electrical Energy. New Delhi: Pearson Education India. Templeton, G. (2013). The 500MW molten salt nuclear reactor: Safe, half the price of light water, and shipped to order. Web. World Nuclear Association (2013). Plans For New Reactors Worldwide. Web. This research paper on Nuclear Power Exploitation to Generate Electricity was written and submitted by user Mallory Oneil 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. 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