How does trade liberalisation affects India’s balance of trade (imports and exports)

Abstract
The steady growth of India’s economic and technological competence has attracted global attention. Many other developing countries have been in pursuit to achieve success but have failed miserably. This research proposal paper examines the effects of liberalisation on India. Since the early 1990s, India has progressively embraced liberalisation and its spontaneous yet rewarding results. It is often thought and believed that liberation scores higher results in social, economic, environmental, and political factors. It is a beneficial process for developing countries aspiring to attain economic stability and expand the market. Liberalisation allows a country to invest beyond international barriers with the unrestricted flow of revenue. Liberalisation of trade reforms attracts foreign investors which would strengthen government bureaucracy and trading policies. However, there are little known facts about the quirks and perks of liberalisation. This paper analyses the effects of liberalisation since its inception. It intends to assess and highlight how liberation has affected the lives of Indian citizens. Liberalisation is a distinctive feature that has placed India on the global map of economic and technological growth.
“Investigating the Socioeconomic Effects of Trade Liberalisation on India”
Introduction
Being one of the most densely populated countries in the world, India has always had economic challenges since the late twentieth century being a closed economy. Economic reforms in the 1990s opened various opportunities for people to invest and trade with other countries. The results of the reforms cut across the political, social, and economic aspects. According to Alessandrini et al. (2009, p.8), import and export restrictions imposed a strict limitation of tradeable goods weighing an average of 80 percent to 90 percent import-weighed tariffs. Soon after the liberalisation, the Indian government undergone reforms that would significantly impact India’s economy. Its gradual economic progress attracts the attention of researchers to analyse aspects that have enable India to stand out and be successful in trade reforms. The liberalisation in India improves some of the citizens’ lives, whereas some slowly languish in poverty and face discrimination. The reform mainly focuses on the manufacturing sector alongside policies on exports and imports of goods that significantly have impact on the economy of the country. The manufacturing sector after liberalisation performed impeccably well, encouraging more trade reforms. India has enjoyed unprecedented economic growth; however, the gap between the rich and the poor is widening. Liberalisation may be a costly investment that prompts economic growth and reduces poverty. This study will investigate the effects of trade liberalisation on India.
Aims and Objectives
The world has recently witnessed a rapid expansion of the global economy. The rapid growth of the world economy is largely attributed to the steady rise in international trade supported by trade liberalisation, globalisation, and emerging digital technologies (Siddiqui, 2016, p.424). The creation of the General Agreement on Tariffs and Trade (GATT) in 1947 marked the beginning of significant trade liberalisation on the global stage. Countries increasingly engaged in multilateral, unilateral, and regional trade liberalisation agreements saw concerted efforts to reduce trade barriers (Dix-Carneiro and Kovak, 2017, p. 2909). Developing countries and emerging economies, such as India, have increasingly opened up their economies to international trade to take advantage of the socio-economic benefits of trade liberalisation (Hye & Lau, 2015, p. 189). Although experts agree that trade liberalisation results in a significant expansion of a country’s GDP, controversy exists on its impacts on the balance of trade, wage rates, poverty, and inequality (Siddiqui, 2016, p.426). Trade liberalisation has positive effects on India’s balance of trade, wage rates, poverty alleviation, and bridging the inequality gap.
The research study aims at investigating the socio-economic effects of trade liberalisation on India.
Research Questions:
• How does trade liberalisation affects India’s balance of trade (imports and exports)?
• What are the effects of trade liberalisation on India’s wage rates?
• Does trade liberalisation significantly affect poverty levels in India?
• Does trade liberalisation bridge or widen the socio-economic inequality gap in India?
Literature Review
Imports and Exports Tariffs
The government imposed a tax on import and export of goods and services provides a great source of revenue and protecting the local industry. India is known to have a robustly growing economy since the early 1980s growing at an average rate of 6 percent annually (Alessandrini et al., 2009, p.9). Before 1991, trade tariffs were slightly high and the currency crisis instigated the need for unilateral trade liberalisation (Pavcnik, Edmonds and Topalova, 2007, p.4.). The IMF adjusted the trading programs, which substantially reduced the import and export tariffs in various sectors. The liberalisation of trade reforms ran for five years, and between 1992 and 1997, the results were felt in various sectors. It caused an increase in imports and an increased GDP from 10 percent in the late 80s to 19% in the 1990s (Pavcnik, Edmonds and Topalova, 2007, p.11). India grew from the most restrictive Asian country with high trading tariffs and a complex licensing system. Import privileges were extended to neighbouring free trade zone. Manufacturers and producers within the zones can trade without a license or importation duties (Rahman, 2004, p.37). Initially, the country would restrict specific exports or imports. Any manufacturing company that depended on imports rather than domestic producers was phased out (Topalova, 2005, p.7). Easing restrictions on import and exportation of goods drastically reduced trading tariffs. Topalova (2005, p.9) asserts that the import and export volume increased soon after liberalisation. More skilled labourers were tricked into the country as imports, and fewer Indian citizens exported their skills. While trade reforms occurred, it opened opportunities for India to join in international trade. There was a need to balance the import and export prices and demands (Panda, M. and Ganesh-Kumar, 2009, p.12).
Wage Rate Inequality
Khan and Bashir extensively discussed the available empirical evidence in the labour market (2011, p.2). Trade reforms have significant negative impacts on wages as they open domestic trade and join an international trading platform. Inequality in employment and income has increased since liberalisation reforms came to play (Joseph, 2013, p.14). Some trading reforms may intensify inequality, which would eventually affect the trade (Khan and Bashir, 2011, p.5). There is a link between prices reduction in importing products and increase in exportation. A developing economy further intensifies the gap between skilled and unskilled personnel. An increase in wage inequality contributes to domestic trades shrinking and falling out of business that requires imports. Rahman (2004, p.58) observed a steady rise in income inequality in Bangladesh. It indicates that trade liberalisation causes a rise in levels of inequality. The research further highlights the income inequality affecting rural, urban and an intensified inequality gap within income groups (Rahman, 2004, p.59). Pakistan experienced an increase in income shares of at least 20% before liberalisation. During liberalisation, the country experienced a spike in inequality and poverty (Krishna, Mitra, and Sundaram, 2010, p.29). Income and wealth inequality is more pronounced when there is an increase in insecurity, low investment, social instability, and high transaction costs (Joseph, 2013, p.7). The outcomes of trade reforms on geographical location differ. Geographical location is a factor that contributes to inequalities in general. Lack of geographical mobility such as relocation, migration increases chances of poverty and inequality (Hasan, Ranjan and Ahsan, 2012, p.7).
Poverty
Employment could be viewed as a means to end poverty and inequality. Initiating trade liberalisation reforms have a purpose to eradicate poverty. In most developing countries, trade liberalisation policies are the priority strategy used to eradicate poverty. There are many factors attached to poverty, including illiteracy and unemployment. In many rural areas, children would work in companies and industries that would expose them to change. The literacy levels in these areas slowly diminish (Edmonds, Pavcnik, and Topalova, 2010, p.4). Exposing a population to trade liberalisation slows down poverty eradication efforts. Low basic education attainment limits the poor from learning and participating in activities that would reduce poverty (Kalirajan and Singh, 2010, p.6). The majority of India’s population resides in rural areas, and agriculture is the main source of income. A larger percentage of people living in rural areas are registered below the poverty line (Marji and Kar, 2007, p. 15). Trade liberalisation could either reduce poverty or worsen the situation. Historically, India has been ranked high at the top on the global charts in a steadily growing GDP, but it has failed to eradicate poverty, unemployment, and inequality (Khan and Bashir, 2011, p.1). In an attempt to curb poverty, Indian government introduced household welfare. The programs affect every house differently depending on consumption, prices, and disposable income (Pradhan and Amarendra, 2006, p.18, Cain, Hasan and Mitra, 2012, p.7). A decrease in disposable income would require the government to transfer funds to the households. The government strategy eases a huge percentage of poverty in rural and urban areas (Pradhan and Amarendra, 2006, p.18). Research by Banga, Das, and Lessons (2012, p.12) states that increased capital income caused a decline in the poverty ratio from 45 percent to 32 percent. Some poor states in India saw a doubled growth in poverty. An increase in capital income and a rising consumption per capita is one of the driving forces behind India’s growing economy (Banga and Das and Lessons, 2012, p.12).
Research Methodology
The study will apply a secondary research method involving an online research of peer-reviewed articles relevant to the aim of the research. The online search will be undertaken on reputable academic journal databases and reliable institutional databases, such as the International Monetary Fund, World Bank, and OECD. Inclusion criteria for the articles include relevance to the research questions, recent publication, and specificity to India. The literature review will involve a systematic review of the identified and selected peer-reviewed and other scholarly articles to collect and evaluate a wide range of descriptive quantitative data to facilitate evidence-based support for answers to the research questions. The research findings analysis will involve a critical and statistical analysis of descriptive quantitative data to support well-informed inferences and conclusions on the socio-economic impacts of trade liberalisation on India.
Result Analysis
International trade-promoting organizations such as the IMF, World Bank, World Trade Organization, and OECD provide a source of descriptive quantitative data on the socio-economic impacts of trade liberalisation in member countries. Recent IMF and World Bank data on India indicates that the country’s GDP has risen steadily with an increasing level of trade liberalisation through multilateral, unilateral, and regional cooperation (Hye & Lau, 2015, p. 190). The international trade institutions also provide reliable descriptive quantitative data of the balance-of-trade, poverty, wage rates, and inequality indexes for individual countries over time. The research will apply descriptive and inferential statistical analysis to determine the cause-effect relationship and variability between the collected data on rising trade liberalisation in India and changes in balance-of-trade, poverty, wage rates, and inequalities (Goertzen, 2017, p.13). Some of the applicable descriptive data analysis methods include measures and summaries of central tendencies and variabilities. The inferential statistical methods will help determine association and correlation (Sheard, 2018, p.431).
Trade liberalisation is associated with deficits in balance-of-trade that disadvantage emerging and developing countries, like India, with fewer industrial exports than developed countries (Siddiqui, 2017, p.33). The rise in India’s GDP attributable to trade liberalisation benefits a few direct participants, and poor redistribution of the gains widens the inequality gap. Trade liberalisation is associated with insignificant poverty alleviation due to the skewed distribution of the gains in favour of the direct participants (Mahesh, 2016, p.1752). However, trade liberalisation results in improved living standards due to the availability of a variety of products sold at competitively lower prices in the global market. The easier cross-border movement of the labour force, and enhanced human capital development due to increased technical exchanges with trade liberalisation results in a steady increase in wages (Hye & Lau, 2015, p. 191).
Conclusion
Recent research indicates mixed reactions regarding the socio-economic impacts of trade liberalization on India. Trade liberalisation has positive implications on India’s trade balance, wage rates, poverty alleviation, and bridging the inequality gap. Trade liberalisation in India is associated with rising GDP, wage rates, and an increasing inequality gap. The consistent growth of sectors such as finance and banking is credited to liberalisation reforms. It has promoted open trade by reducing tariffs and eliminating export and import restrictions. The most outstanding element of India’s liberalisation is slow yet a steady progress. The economic success compels developing countries to join the multilateral, unilateral, and regional trade liberalisation agreements aiming to reduce trade barriers. Liberalisation reforms have resulted in various improvements in local and international trade. Manufacturers and producers within the zones can trade without a license or importation duties possible through trading tariff reforms. Inequality is a never-ending debate that liberalisation reforms struggle to tackle. Trade liberalisation causes a rise in levels of inequality due to the importation of skilled workers and goods. The rapidly growing economy further intensifies the gap between skilled and unskilled personnel. An increase in wage inequality contributes to domestic trades shrinking and falling out of the business market. Low income and illiteracy intensify poverty. In some of India’s rural areas, children would work in companies and industries instead of going to school.

What is Acetylcholine and how does it produce contraction of the smooth muscle

Data analysis and interpretation (up to 1700 words): (40%)

Using the Virtual Organ Bath 2.8 software, you’ll study the effects of two different agonists (for example: acetylcholine & pilocarpine or carbachol) on the contraction of smooth muscle from guinea pig small intestine.

The effect of both drugs should be evaluated without and in the presence of one antagonist.

Set a list of concentrations for both acetylcholine and pilocarpine. With the help of dilution formula in the virtual organ bath software, work out the volumes required from the appropriate stock solutions.

Progressively increasing doses of the agonist should be added to the bath (use a range between 1×10-10 – 1×10-6 M) and contraction of the tissue (in gms) will be measured and recorded.

Afterwards, the appropriate antagonist (concentration in the reservoir 5×10-8 M) should be added, and the experiment is repeated using higher concentrations of the agonists (up to 1×10-4 M)

These tables are just an example of how you could record your data:
Dose used (without antagonist) Contraction Response in gms
(unit) Acetylcholine Pilocarpine

Dose used (with antagonist 5×10-8 M) Contraction Response in gms
(unit) Acetylcholine Pilocarpine

Your submitted work should include the following:
• A brief description of the design of the experiment and how the data was collected.
• Your data recorded in tables with concentration of both agonists and the
corresponding antagonist.
• Answer the following questions:

1. Discuss
• What is Acetylcholine and how does it produce contraction of the smooth muscle (dynamics:
receptors, type and drug-receptor interaction)?
• What is pilocarpine (or carbachol if it was chosen in the experiment) ? what is its mechanism of action? discuss briefly its therapeutic applications
• Identify two drugs that can be used for their effect on smooth muscles within the body (urinary tract, blood vessels, or respiratory system) and briefly discuss the following:
– the mechanism of action
– drug-drug interaction
– therapeutic application

2. Using Excel, or Graphpad Prism:

• Convert the contraction values into %response and the dose into log10 for each drug
• Plot the following graphs :

o the %response vs. log10 dose for acetylcholine (with and without the antagonist, 2 curves in the same graph)
o the %response vs. log10 dose for pilocarpine or carbachol (with and without the antagonist, 2 curves in the same graph)

• Describe both graphs:

o Compare the 2 dose-response curves (without antagonists): which agonist is the most potent? And which one is the most effective? provide evidence from your data.
o Provide an approximate value of ED50 for both acetylcholine and pilocarpine or carbachol.
o Analyse the effect of the antagonists on the dose-response curves for both drugs. How would you describe the mechanism of action of the antagonist on the muscarinic receptors?

provide a detailed programme in the form of a Gantt chart and supporting methodology that demonstrates how the IST will manage the programme, considering all stages of the contract and sequencing of the works

PROGRAMME DELIVERY AND MANAGEMENT
Please provide a detailed programme in the form of a Gantt chart and supporting methodology that demonstrates how the IST will manage the programme, considering all stages of the contract and sequencing of the works.
The Gantt chart should clearly indicate key tasks during the pre-construction, construction and post-handover stages including critical path, float, time risk allowance, dependent tasks and key milestones.
Please provide details of your methodology for programme management to ensure successful delivery of the works considering the Employer’s programme requirements and constraints particular to this project as outlined in the Works Information.
Your response should include project specific details to demonstrate the following:
• Your ability to plan and deliver the services and works by the Completion Date
• How you will manage and monitor the programme during the pre-construction stage of the project
• How you will manage and monitor the programme during the construction stage and comply with NEC4 requirements for programme management
• How you will implement measures to be taken if the programme is not being achieved during the Pre-Construction and Construction stages
• Identify areas where the programme could be improved to arrive at an earlier completion date.

Indicators
Excellent response providing a detailed programme in the form of a Gantt chart and supporting methodology that demonstrates how the IST will manage the programme, considering all stages of the contract and sequencing of the works.
The Gantt chart provides an excellent indication of key tasks during the pre-construction, construction and post-handover stages including critical path, float, time risk allowance, dependent tasks, and key milestones.
Fully supported by details of your methodology for programme management to ensure successful delivery of the works considering the Employer’s programme requirements and constraints particular to this project as outlined in the Works Information.

 Include a Gantt Chart (Max A1 size)
 Answer the question that require reference to legislation shall specifically refer to UK legislation or codes of practice.
 The Employer reserves the right to require evidence or additional evidence in relation to any answers given to questions in this submission.
 The Tenderer must, without undue delay, inform the Employer of any changes to the information provided in response to any questions in this questionnaire that may arise at any time during the Tenderers participation in this tender process.
 The question must be answered in English and have a font size no smaller than equivalent to 12pt Arial and submitted in Microsoft word 2003 Format. If there is a need to compress files please use WinZip.
 The question must be answered in clear English. Abbreviations will only be accepted where the abbreviation is commonly used in English and/or within the construction industry. Abbreviations must in the first instance be fully spelt out followed, in brackets, with the standard abbreviation [e.g. Integrated Supply Team (IST)]. Words must be clearly separated by a space and have a font size no smaller than equivalent to 12 pt Arial. Answers failing to meet this standard may result in the submission being rejected.
 No general marketing or promotional material from the Tenderer or any Subcontractor either in answer to any of the questions or for any other reason, should be included.
 Where supporting information is specifically requested it should be clearly marked with the number of the question in the submission to which it relates.
 Tenderers must ensure that their response to each question is relevant and focused on addressing the question asked. Each question will be evaluated only on the information provided in the response text box(s) provided for that particular question and any specifically requested and referenced appendices. No marks will be awarded for a particular question for information given elsewhere in the submission.
 The responses submitted by the Tenderer shall, if they are successful in being awarded a Contract, be carried forward into the operation of the Contract. Tenderers must therefore ensure that the fees submitted reflect the commitments given in this Quality Submission.

Analyze the company. Talk through the ratios and explain if each is good, bad or ugly Would you invest or not and why?

Using the latest 3 years of 10k reports (not annual reports) from the SEC or company website, you will perform the following tasks:
1. Calculate net profit margin for the last two years and compare the ratios.
Gross (profit) margin percentage = Gross margin / Net sales
2. Calculate the account receivable turnover for the last two years.
Accounts receivable turnover = Net sales / Average net accounts receivable
3. Create the cash and receivables report: Include bad debt expense and allowance for doubtful accounts and the type and number of cash or cash equivalents accounts for the last two years.
4. Create the Inventories report. Include the way inventory is carried: FIFO, LIFO, etc., and COGS and Ending Inventory in dollars. Calculate inventory turnover ratio for the last two years.
Inventory turnover = Cost of goods sold / Average inventory
5. List the intangibles and the types and amounts of each intangible for one year.
6. List plant, property & equipment including the type of depreciation used and depreciation expense and accumulated depreciation. Also, calculate the return on assets ratio for the last two years. Rate of return on total assets (ROA) = Rate of return on sales × Asset turnover ratio
7. List the current liabilities & contingencies for the last year. Calculate current ratio for the last two years.
Current ratio = Current assets / Current liabilities
8. List the long-term liabilities and contingencies for the last year. Calculate the long-term debt ratio for the last two years. Long-term Debt ratio = Total long-term liabilities / Total assets
9. Create (copy/paste) the stockholder’s equity report. Include the investments and list the amounts in each category: trading, available for sale, long term and amounts for the last year. In addition, the types of Equity and the number of shares outstanding should be included. Calculate return on equity
ratio for the last two years. Rate of return on equity (ROE) = (Net income – Preferred dividends) / Average common stockholders’ equity
10. Create the cash flow report for the last year. Include the amounts in the three sections and tell if the amounts are good or bad. Calculate the cash flow to equity ratio for the last two years. Cashflow to Equity = Change in cash for the year / Total stockholders’ equity for the year.
11. Analyze the company. Talk through the ratios and explain if each is good, bad or ugly. Would you invest or not and why? (This can be written in a page or 2.)

How the UAE dealt with loss of oil revenue

“Oil revenues are declining across Gulf states. Examine the United Arab Emirates, what do you see as the political ramifications of the loss of oil revenue? How has this Gulf state tried to change to address the loss of oil revenue, and are these policies succeeding?”
Try to use academic sources, include a 1-2 page literature review, use as many sources as you want.
Explicitly state the thesis.
Try to balance the information about the political ramifications and the policies introduced and their success
As part of this project, you will need to do original data collection. That means an original dataset that you do some kind of graphical/statistical analysis. The bar for quantitative analysis in this class is fairly low. It is enough to produce your own charts of the data using Excel or any other tool. You can also create tables that show averages by different categories, or anything else that helps you make your point. You may also do statistical analyses (regression, etc) if you have the relevant training and believe it would be important for your research question.
It is important to have original data in your paper. But at the same time, the main focus of the paper is not data collection. Rather, I want to see you to present a theoretically-informed article about an important issue in the Middle East. The data collection part of the paper is only one element. The data
you find may be more or less relevant to the research question, and that is fine.
For example, you may only be available to find general data that allows you to compare countries, and so its primary use is as background. That is OK. The point of data collection is to get used to collecting data rather than just reading sources. It is fine and indeed I even expect you to use a wide range of sources (newspaper articles, think tank reports, etc) when presenting your findings. Whatever helps you answer the research question is worth using.
so all of that to say that as you’re writing your paper, please do include what data you can find, but don’t feel like your paper is a success or failure based on the amount + quality you collect. In fact, the correct approach is to document what you could and couldn’t find, and to be open about the limitations
of your research. That is the best way to learn as a scholarly community.
Please read the following guide for writing political science research papers so you can learn the correct structure of the paper:
https://sitesmedia.s3.amazonaws.com/politicalsci/files/2012/08/Guidelines‑on‑Writing‑Research‑Papers.pdf

Analyse and Discuss the following quote: “You can’t always get what you want, but if you try, sometimes you might find you get what you need.” — Mick Jagger & Keith Richards (recorded by The Rolling Stones)

Topic: Quote analysis

“You can’t always get what you want, but if you try, sometimes you might find you
get what you need.” — Mick Jagger & Keith Richards (recorded by The Rolling Stones). Discuss.

Evaluate how the financial markets work to allocate capital within a domestic economy and internationally for trade, investment, and development purposes

Topic: Finance is considered as the life blood or the engine of growth for international trade and development.

a.Evaluate how the financial markets work to allocate capital within a domestic economy and internationally for trade, investment, and development purposes.
b. Using an economy of your choice critically evaluate what are the key challenges that country faces due to industrialisation and trade policies?
Report of 3000 words – or + 10%
Harvard referencing

Calculate averaged production times and orders from the data already given in the Braeheart production data and describe how the data is important.

1. Introduction

The production manager at Braeheart eBikes has suggested a radical approach to the production and quality issues in the company. He has found that the raw materials for the frame can be pre-painted by the supplier with Braeheart logos. The Marketing manager has also been trying to respond to customer confusions – that there are too many models and this causes customer confusion. The CEO is looking for ideas to help smooth production and promote company growth.


2. Suggested Changes: Reducing Production Time and Increasing Quality

There are currently six models of the Braeheart eBike. Model 6 exploits the latest technology including a lightweight battery and a small powerful motor similar to that being developed by Dyson. Models 5 and 6 also have a radical feature of a removable battery and motor, converting it into a conventional good quality bicycle. This feature is especially desirable for customers with limited storage space at home and this one, convertible bicycle provides many options. Models 1 and 2 have no electric motor but there is an upgrade package that can be installed at a later date; this is relatively expensive and involves taking the bicycle to an approved Braeheart eBike engineer but this option appears to be attractive to some customers. The characteristics of each model are summarised in table 1.



Model Electric
components Mechanical components Comment
1 0 A Manual bicycle with basic mechanical components.

2 0 B Manual bicycle with advanced mechanical components.

3 A A Electric (non-convertible) bicycle with a basic electric motor and battery, and basic mechanical components.

4 B A Electric (non-convertible) bicycle with a lightweight, powerful electric motor and battery, and basic mechanical components.
5 A B Convertible bicycle with a basic electric motor and battery, and advanced mechanical components.

6 B B Convertible bicycle with a lightweight, powerful electric motor and battery, and advanced mechanical components.

Table 1 Models and options

The production manager and marketing manager combined their concerns, and have suggested that choice simplification is important for customers, and that production issues need to be simplified. Their research with customers that Braeheart suggests: 1. Dispense with models 1 and 2 (remove manual models from portfolio)
2. Aggregate the best features of models 3 and 4 (non-convertible bike with electric components), charge customers at level of cheaper bike
3. Aggregate the best features of models 5 and 6 (convertible bike with electrical components), charge customers at level of more expensive bike

Model Electric
components Mechanical components Comment
1 A B Electric (non-convertible) bicycle with a basic electric motor and battery, and advanced mechanical components.

2 B B Convertible bicycle with a lightweight, powerful electric motor and battery, and advanced mechanical components.

Table 2 Models and options

It has been found that the mechanical installation time is reduced to 50 minutes when the mechanical options are reduced. The sequence is illustrated in figure 1.

Given the high demand, staff working patterns and holidays are organised to minimise any disruption to production, working overtime if necessary. Effectively production continues for 52 weeks p.a. working Monday-Friday 0900-1700.



Figure 1 The newly proposed production process




Your Group Task
Represent this proposed production pattern in Simul8. (Notes: final quality inspection is a 6 minute process, and because the mechanical installation process has been simplified, it is found that mechanical installation will take 50 minutes).

Element 1
Calculate averaged production times and orders from the data already given in the Braeheart production data and describe how the data is important.

Element 2
Build a model in Simul8. Amalgamate orders for models 3 and 4, and models 5 and 6, using the average time for construction at each workstation to simulate the processes of assembling eBikes.

Element 3
Demonstrate, using the model, if the model can cope with a production schedule of 1200 bicycles per month.

Represent this proposed production pattern in Simul8.

Is it important for a company to follow a strict budget even though they may be experiencing phenomenal profits?

Is it important for a company to follow a strict budget even though they may be experiencing phenomenal profits? Do you think that there will be a bias towards greed when creating the budget for this company? Explain.
How does management greed influence budget decisions?
Please consider each of the questions separately in this post. It is important for you to understand the value of the budget as a blueprint for the business – even in times of exceptional “good news”.
It is also important to consider the role of greed within the budgeting process of the firm. Perhaps you might want to think about the budget as a communication to employees about what ownership and management believes is its focus.
You might even want to see if any other of the exceptional “bad boys” in the business world were reflecting their greed even within their budgeting documents.

From what you have learned in this course, what would be the most important vulnerability and a threat to your organization?

Introduction
Imagine yourself as a Senior Cybersecurity Analyst in a major organization or federal agency. From what you have learned in this course, what would be the most important vulnerability and a threat to your organization?
Instructions
Evaluate the various cybersecurity areas of concern you have studied in the areas of:
Web Application Security Mobile Applications Software Development Life cycle Input/Output Validation Authentication and Authorization Cryptography Session and Error Handling and Auditing Database Security
For your reply, select a currently well-known company in one of the following industries/sectors on which to focus. Discuss why your vulnerability/threat selection is relevant to the industry selected.
Online Retail Social Media Financial and Banking Institutions Healthcare Industry
Websites to get you started:
The Cyber wire https://thecyberwire.com (Links to an external site.)
Threat post https://threatpost.com(Links to an external site.)
SC Magazine https://www.scmagazine.com/home/security-news/(Links to an external site.)
Discuss the measures you would take to mitigate this most important vulnerability and a threat to your organization. Based on the well-known Linux toolkit, what tool(s) would you use to support your approach? For example, if you selected Authentication and Authorization as your area of concern you might select a Password tool like John the Ripper to support your concern.
Finally, how would you articulate your concerns to the CISO of the company for immediate action giving him/her examples from a recent threat (within the last year)?