The paper discuisses a joraging model wi-7hich accomplishes coorcdination obliged tasks. This is done throuigh communication techniques and byJ letarn1in1g firom candl about other agents in a confined, previously unseen environment. A n ie-rein/brcement leairning techniqute, 0-Learning wvith sear-ch has beeni proposed It is showvn to boost the convergence o1 optimal paths learnt bv the agents as compared to traditionial Q-Learning. Difrrent]foraging tasks are solved requriring vayving degree of collective and individtual efforts uising the new proposed mechanism. The model enables uts to characterize the ability of agents to solve comple,x if raging tasks rapidly and efPctively. 0-7803-9247-7/05/$20.00 ©2005 IEEE
The aim of this study is to advance the efforts of nonprofit organizations in achieving their missions. In the form of a case study, the paper discusses how this can be achieved by bringing together the resources of different nonprofit and for profit organizations that serve a common cause/mission. An endeavor is made for helping an eye care charity organization by impacting it in both a positive and sustainable manner. The effort reaches to various organizations related to eye healthcare in order to seek out the common cause they all are working for. It is found out that the more closely related the missions of the organizations are the stronger and more effective will be the resultant synergies of their collaboration. Although the work of this study is preliminary however it serves as a good model for any nonprofit to reap benefit from and significantly enhance its effectiveness towards reaching its goals. The research hopes that it can fundamentally advance and impact how social work is being done on a global platform.
The study assesses the enterprise risk management (ERM) process of a fiber board manufacturing company. The objective is to practically demonstrate how a risk framework can be applied to find the key risks affecting the company. An understanding of the fiber board industry is established by reviewing the proxy disclosures of global corporations to see how they foresee the risks to the industry in general. The current state of the ERM process of the company is then evaluated by applying the COSO 2004 risk assessment framework - the company's ERM process are mapped on a maturity model scale, roles and responsibilities of the board of directors and important risk management concepts are discussed and measured in practice. A risk assessment is undertaken with the help of risk gathering techniques to create a risk profile of the major risks affecting the company which are illustrated through heat maps. Finally, benchmarked studies are used to conduct a gap analysis of the risk findings to conclude that the management has to re-address its focus towards HR -employee motivation, working capital mismanagement, sales-production planning inefficiencies and a less likely but high impacting terrorism risk for which the company is currently not prepared. Recommendations for key risk indicators are suggested along with direction for future work.
The study assesses the enterprise risk management (ERM) process of a fiber board manufacturing company. The objective is to practically demonstrate how a risk framework can be applied to find the key risks affecting the company. An understanding of the fiber board industry is established by reviewing the proxy disclosures of global corporations to see how they foresee the risks to the industry in general. The current state of the ERM process of the company is then evaluated by applying the COSO 2004 risk assessment framework - the company's ERM process are mapped on a maturity model scale, roles and responsibilities of the board of directors and important risk management concepts are discussed and measured in practice. A risk assessment is undertaken with the help of risk gathering techniques to create a risk profile of the major risks affecting the company which are illustrated through heat maps. Finally, benchmarked studies are used to conduct a gap analysis of the risk findings to conclude that the management has to re-address its focus towards HR -employee motivation, working capital mismanagement, sales-production planning inefficiencies and a less likely but high impacting terrorism risk for which the company is currently not prepared. Recommendations for key risk indicators are suggested along with direction for future work.
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