List of possible risk Essay Example | Topics and Well Written Essays - 500 words

List of possible risk - Essay Example This may also subject the respondent to severe loss of reputation since confidentiality and privacy being the reasons normally given by potential respondents for unwillingness to participate in such surveys. This risk can easily be reduced by the members adherence to confidentiality of the survey responses and to make sure no information is leaked to irrelevant persons and in the long run will boost the confidence of the respondents to give all the information required. Also the computers used in storing the information are locked with passwords which are only accessible by the members only. Data and information security is high priority; this is due to the fact that this information is sometimes confidential. The risk of losing or unprotect the data will mean losing the survey and could lead to the share of the information to a third party. Even after carefully planning and survey administration, problems do take place leading to a data which is not sufficiently valid and reliable. Insufficient measures for keeping data, as in computer information systems also result in loss and alteration of data. (Marrett, 2003). Data can also be lost during the analysis, processing and reporting of data information through incorrect transfer of data in the database, this can therefore by use of any kind of backups on the computers used and also by using cloud computing. Data loss through members of the team can also be prevented by the team administering an oath of allegiances, this will make the members to be more careful on the kind of information they share from the survey. (Marrett, 2003). For a survey to give a consistent, relevant and sound evident, the information it provides must be both valid and relevant to the purpose. For the survey to be reliable, all the measurements must be consistent from one individual to the other involved in the survey at different

Developing Creativity For Business Essay Example | Topics and Well Written Essays - 3000 words

Developing Creativity For Business - Essay Example An impressive example of a creative individual is Steve Wosnaik. Apple computer is the fruit of labor of this individual as the gadget is co-founded by him. Reaching this height is because of his qualities like – sticking to the idea even when they are challenged , maintaining individuality , courage to question the people in power etc. Considering a business as a jigsaw puzzle , creativity is one elusive piece that wins the game for the participant. Creativity has become important more than ever before. According to Stephen P. Robbins , following is the three-component model of creativity .Based on an extensive body of research , this model proposes that individual creativity essentially requires expertise , creative-thinking skills , and intrinsic task motivation. Expertise - the potential for creativity is enhanced , when individual have abilities , knowledge , proficiencies and similar expertise in their field of Endeavour. Creative thinking skills – this encompasse s personality characteristics associated with creativity , the ability to use analogies , as well as the talent to see the familiar in the different light. Intrinsic task motivation – this is the desire to work on something because its interesting , involving , exciting , satisfying or personally challenging. This motivational component is what turns creativity potential into actual creative ideas. Though these are the basic components of creativity , several others are discussed in the following pages. Thus to investigate the concept of creativity , I have taken the business of supermarket as the topic of my report. According to wordiq.com , a ‘supermarket is a store that sells a wide variety of goods including food and alcohol , medicine , clothes and other household products that are consumed regularly. It is often part of a chain that owns or controls ( sometimes big franchise ) other supermarkets located in the same or other towns , this increases the opportunities for economies of sale.’ According to dictionary.reference.com , ‘supermarket is a large retail market that sells food and other household goods and that is usually operated on a self-service basis.’ According to retailindustry.about.com, ‘Wal-Mart which has more than 8400 stores across the world , is by far the largest retailer in the world. France’s Carrefour is number 2.germany’s Metro AG overtook the United Kingdom’s Tesco chain and claimed third position.’ Due to the intrinsic growth and development of countries all across the globe , the local vendor scenario has been taken over by supermarkets. In recent times , supermarkets have shown a phenomenal growth. They now have in-house pharmacies , florists , catering services , prepared foods such as sandwiches , postal services , etc. Some supermarket chains even offer dry-cleaning services and few have started video-rental service. In a nutshell supermarkets are now providing a one-stop-shop experience. Most