Wednesday, August 26, 2020

The History Of The Digital Citizenship Information Technology Essay

The History Of The Digital Citizenship Information Technology Essay A computerized resident is a device which helps educators, innovation pioneers and guardians to comprehend what understudies, youngsters, and innovation clients should know to utilize innovation the correct way and furthermore knowing about it. Advanced Citizenship is something other than a showing apparatus it is an approach to get ready innovation clients for a general public brimming with innovation. To be viewed as an advanced resident you should have any record of you being in contact with electronic gadgets on the planet. These individuals make web journals and utilize informal communities. Pursuing an email address is the initial step into turning into a citizenship for some individuals. The administration utilizes this apparatus a great deal to move and record its data; this is known as the e-government. Numerous legislatures that don't have this are a weakness to them since they can't arrange so well their significant data. There is additionally something many refer to as th e e-vote based system, it includes crusade sites on the web. Individuals who don't collaborate such a great amount with innovation tend be separated socially and not stayed up with the latest in our reality. For all intents and purposes being an advanced resident makes life much simpler. There are nine topics of advanced citizenship. One of these nine topics is computerized decorum. It is characterized as the norms of lead and strategy. Individuals must be instructed to be capable around there. Another subject is Digital proficiency. This is the way toward educating and finding out about innovation and the utilization of innovation. Schools have been doing an extraordinary part in this, yet at the same time a great deal must be finished. Students must be instructed on the best way to manage advanced society. Business, military, and medication are genuine instances of how innovation is being utilized in an unexpected way. Another subject of innovation is advanced correspondence. This is the electronic trade of information.à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ã‚ One of the noteworthy changes inside the computerized insurgency is a person㠢㠢‚⠬㠢„â ¢s capacity to speak with others. In the nineteenth century correspondence innovation was exceptionally restricted, yet by the twenty first century this helped up. The growing of correspondence innovation made a huge difference since individuals can keep visit correspondence with any other person, anyplace else. Despite the fact that individuals do need to be exceptionally mindful to whom they converse with on the grounds that there are a great deal of criminals and sexual stalkers. The fourth topic of computerized citizenship is advanced access. This is the full electronic cooperation in the public eye. Innovation clients should be alarm of web get to and furthermore bolster it. Individuals ought to have the option to have full access to innovation rega rdless of what their identity is. To turn out to be acceptable, gainful residents we should be focused on computerized get to. Another topic of computerized citizenship is advanced trade. This is the electronic purchasing and deals of merchandise. An enormous segment of the market economy is being held electronically. For instance like when individuals shop materials on the web. Tragically there are unlawful deals electronically, similar to the deals of erotic entertainment and betting. Our general public needs to figure out how to be viable purchasers in the new computerized economy. The 6th subject of advanced citizenship is computerized law. This is the electronic duty regarding activities and deeds. This deals with the morals of innovation in our general public. Untrustworthy use makes it a type of burglary and wrongdoing. This incorporates for instance taking different people㠢㠢‚⠬㠢„â ¢s data or personality. Hacking into stud and downloading unlawful music disregards the computerized law. The Seventh topic is computerized rights and obligations. This is the opportunities reached out to everybody in an advanced world. Much the same as how in the constitution there is a bill of rights, there is a lot of rights for each advanced resident too. Advanced residents reserve the privilege to free discourse, protection, etc. These rights point to duties too, individuals need to utilize innovation in the correct way and not damage these rights. In the advanced society these two must wire together in for everybody to be dynamic well. The eighth topic of resident boat is computerized wellbeing and health. This is the physical and physiological prosperity in an advanced innovation world. Eye wellbeing, tedious pressure disorder, and sound ergonomic practices are issues that we should know about in the mechanical world. Physiological issues are getting increasingly predominant, similar to web enslavement. The last topic of advanced citizenship is computerized security. This is the electronic insurances to ensure security. In the computerized network there are individuals who take and degenerate others. In this manner individuals ought to be cautious and not trust others in the computerized world. Like how we have bolts on our entryways and alerts for flames in our home, we must have the equivalent for our advanced world and have infection insurances, reinforcements of information, and flood control for our hardware. This is being a dependable advanced resident. Taking everything into account, individuals of our general public must connect all the more regularly with the computerized world. There are a great deal of advantages for utilizing it, however we generally must be cautious in the computerized network simply like how we are in the non-advanced network. Be the best advanced resident you can be. Work Cited Advanced Citizenship Resources for Educators. Web. 24 Aug. 2010. . Advanced Citizenship Education. Web. 24 Aug. 2010. . Advanced Citizenship. Web. 24 Aug. 2010. . Advanced Citizen. Wikipedia, the Free Encyclopedia. Web. 24 Aug. 2010. . Advanced Citizen. Wikipedia, the Free Encyclopedia. Web. 24 Aug. 2010. .

Saturday, August 22, 2020

Jordan Surname Meaning and Origin

Jordan Surname Meaning and Origin The normal family name Jordanâ derived from the regular Christian baptismal name Jordan,â taken from the waterway by that name streaming between the nations of Jordan and Israel. Jordan derivesâ from the Hebrewâ ×™× ¨Ã—×ÿ (Yarden), which means to plunge or to stream down. Jordan is the 106th most regular last name in America as indicated by information from the 2000 U.S. enumeration. ​Surname Origin: English, French, German, Spanish, Hungarian Interchange Surname Spellings: Giordano (Italian), Jordann (Dutch), Jordn (Spanish), JORDÃÆ'O (Portuguese), JOURDAIN (French), GEORDAN, GERDAN, Giordan, Jordain, Jordaine, Jordanis, Jorden, Jordens, Jordin, Jourdaine, Jourdan, Jourdane, Jourden, Jurden, Jurdin, Jurdon, Siurdain, Yordan Acclaimed People With the Surname JORDAN Michael Jordan - NBA ball star.Barbara Jordan - social liberties extremist and U.S. Representative.Louis Jordan - saxophonist and vocalist. Family history Resources for the Surname JORDAN The Jordan family DNA venture comprises of individuals with the Jordan last name from the USA, Canada, and Europe committed to finding matches between members that empower them to accomplish their objectives in genealogical research.â Investigate the Jordan family lineage gathering at Genealogy.com for the Jordan last name to discover other people who may be looking into your predecessors, or pose your own inquiry about your Jordan progenitors. At FamilySearch.org you can discover records, questions, and heredity connected family trees posted for the Jordan last name and its variations.RootsWeb has a few free mailing records for specialists of the Jordan family name accessible through their site. DistantCousin.com is an extraordinary spot to get to free databases and parentage joins for the last name Jordan. References Cottle, Basil. Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967. Menk, Lars. A Dictionary of German Jewish Surnames. Avotaynu, 2005. Beider, Alexander. A Dictionary of Jewish Surnames from Galicia. Avotaynu, 2004. Hanks, Patrick and Flavia Hodges. A Dictionary of Surnames. Oxford University Press, 1989. Hanks, Patrick. Word reference of American Family Names. Oxford University Press, 2003. Smith, Elsdon C. American Surnames. Genealogical Publishing Company, 1997.

Friday, August 21, 2020

How to Structure Your Due Diligence during MA

How to Structure Your Due Diligence during MA The topic on MA â€" mergers and acquisition â€" sounds like a daunting one, especially for those who are encountering it for the first time. When they start to delve further into it and are met with other seemingly highly technical terms, they are even more intimidated. Certainly, MA is quite a complex process, and not something that everyone can understand easily.In this article, we hope to shed some light on one of the aspects of MA that many find confounding: Due Diligence. © Shutterstock.com | TashatuvangoYou will learn 1) what is due diligence and 2) how to structure a due diligence.DUE DILIGENCE IN MAOne of the first questions asked is, “what is due diligence?”Broadly speaking, due diligence is defined as the “assessment of the legal, financial and business risks that are often associated with a merger or an acquisition”. It is a thorough and painstaking look into a business, in order to get to know it inside out, and use the results of examination or assessment to make the final decision on whether to acquire the company or not.Role and Importance of Due DiligenceThat is the main reason why due diligence is deemed very important. It serves as a confirmation for buyers of the financials, contracts, and other pertinent information of selling companies. In other words, due diligence is especially vital for the acquiring companies, since it addresses the issue on whether acquiring the target company makes sense or they should look for another t arget altogether. For all intents and purposes, due diligence can be described as a ‘fact-finding’ activity that will enable acquirers to spot the targets that will give them their desired results and weed out those that have no potential at all.This should not be an entirely new concept at all. If we liken it to a simple transaction of purchasing an appliance, or even a house, the potential buyer will often insist on inspecting the goods or the property first before making a decision. Testing would often be involved, as well as looking into the specifications of the appliance. In the case of the house, the potential buyer will be inclined to insist on having home inspections done on the property first. It’s basically the same with MA transactions.What aspects of the target company are looked into in due diligence? Many definitions cover it in broad strokes, speaking about the process providing insights on the regulatory exposures of a company, as well as its potential financi al and legal exposures. But if we are going to look into it more deeply, due diligence can also provide a whole slew of valuable information including, but not limited to, the following:The structure of the company being targeted for acquisition;The flow of operations within the target company;The culture governing the organization of the target company;The current human resources in use by the target company;The relationships of the target company with its suppliers, customers and other partners;The competitive position of the target company; andThe goals and future outlook of the target company, be it short-term or long-term.Due diligence is required for the parties to seek validation on the proposed valuation of the MA deal. There are bound to be instances where, after due diligence has been conducted, the parties would agree or compromise on revised valuation, depending on the results of their fact-finding mission.Another reason why due diligence is important is that it will ser ve as an aid to management when it is time for the integration process to begin. Armed with the information and knowledge obtained through due diligence, the integration and transition can be facilitated and performed smoothly and seamlessly.It is also one way of preparing the combined business for its future operations. During due diligence, they will be informed of potential problems, issues or risks that they may face after the business combination. Having knowledge of these problems early on will aid them in coming up with preemptive actions and solutions.Ultimately, due diligence is conducted in order to minimize risks and maximize shareholder value in an MA transaction.Frequently Asked Questions on Due DiligenceHere are some of the frequently asked questions regarding due diligence.How long does it take to complete the due diligence process? It is to be noted that due diligence takes a lot of time, primarily because gathering and compiling all the relevant and pertinent inform ation is time-consuming. It could go from several days to even several months, depending on the speed with which the parties concerned work in compiling the information.Who performs due diligence?There are some who say that due diligence must be performed by the acquiring company; after all, they are the ones mulling over the probability of acquiring or purchasing a company. Others argue that it is the responsibility of the company being acquired, since they are the ones that are going to be marketed and sold.If we look at several definitions of due diligence, it would clearly appear that due diligence is a process that each of the parties undertake. This means that both the acquiring company and the target company are involved in the process.When does the due diligence process end?It ends when the transaction or the deal has been closed or abandoned. Throughout the period, you can expect the parties to be frequently and almost constantly requesting information gleaned from the revi ew.STRUCTURING DUE DILIGENCENow it is time to take a look at the main steps in due diligence. Many MA experts and authorities list down several steps, but we can simplify them into three major stages: Preparation, Execution, and Closure.Stage 1: PREPARATIONIn every process, preparation is very important. This is where you plan all the activities that will come later on. You will be laying the groundwork for the entire fact-gathering process.Due diligence officially starts when the two parties â€" the acquiring company and the target company â€" have reached an initial understanding regarding an MA deal. In many cases, it is when the two parties have signed a letter of intent, or LOI, regarding a possible merger or acquisition.Once this is done, you can get started.1. Set boundariesThere is a need for the parties to have an agreement, in black and white, on the confidentiality of the information to be gathered and compiled during due diligence. Often, the parties draw up non-disclosu re agreements, where they set the ground rules about the use and disclosure of any and all information, the scope and limitation of the review that will be conducted, and the extent of freedom of the employees or personnel of the parties when it comes to the exchange of sensitive information and other matters related to the deal.In the same vein, having a communication plan in place is also important. This plan should detail the external and internal communication layout, and indicate what should be said and who should say it. This is one way to clearly define the accountabilities of everyone involved.In the conduct of due diligence, confidential information and documents will be gathered. There is a need for a secure place to keep all these documents. Having a physical location is a good idea, but more and more companies are seeing the benefits of establishing online data rooms. They are more efficient and far cheaper than maintaining a physical data room â€" you have to spend mone y on utilities and maintenance, as well as the wages of people that will maintain and keep it secure â€" and they are also more readily accessible. The authorized people can log in any time they want, instead of waiting for specific hours when they can personally visit a physical data room to get the information they want.2. Form your due diligence teamDue diligence cannot be conducted by a single person. It is best performed by a team that is put together for the specific task of performing due diligence. When putting together your diligence team, make sure that:the team is composed of financial, business and legal professionals that are skilled and experienced in matters related to MA;the team members speak the same language, meaning that they should be able to communicate and interact with each other easily, even if they are experts in varying but complementary fields;the team should include the integration manager, or the person that will be tasked to manage the business immedia tely after merger or acquisition;Take note that there is no strict number on how many members should be in the team. Some companies prefer to keep the team small, since having a large team often ends up with them being uncoordinated.3. Outsource due diligence to professionalsThere is no rule against bringing in outside help. In fact, many recommend hiring outside experts, since they have the advantage of being objective and independent of the whole MA process. This is also highly advised if there is no one in your current lineup of personnel who have the skills, qualifications, expertise, or experience in MA, or in performing due diligence. Often, companies look towards banks, consultants, accounting firms and law firms for help.4. Prepare your due diligence teamYou have to get your due diligence up to speed, apprising them of the MA transaction in question, such as its features, structure and economics. This will allow them to plan their activities and structure the entire due dili gence process depending on what they thought must be prioritized first. If the MA is under strict time and resources constraints, it would be a good idea to let them know about it up front, so they can adjust accordingly.In this step, some companies prepare due diligence checklists, which are created depending on the risks that are associated with the target company.5. Prepare all the necessary requests for data and informationFinding the information is relatively easy enough; getting them for your use often poses the bigger challenge. You do not want your due diligence team to be wasting time and resources because they cannot get the information that they need. Therefore, you have to make sure that all data requests are prepared.At this point, the team should already know the potential sources of information, so they can prepare the data requests accordingly. For sure, they will not be limited to the company’s management and various departments, but also suppliers, distributors, and other regulatory firms or agencies that the target company is exposed to.Stage 2: EXECUTIONWhen all the preliminaries are in place, it is time to perform the due diligence tasks. This is where due diligence takes on the form of an audit, where the due diligence team collects the facts and thoroughly goes through every one of them in order to fully understand the ins and outs of the company.The Execution stage will have the due diligence team collecting the information, analyzing and evaluating them, and eventually sharing the results of their analysis or evaluation, as appropriate.Take note that all three must be conducted. The team cannot conduct a thorough and credible analysis if it does not have all the information required. Similarly, analysis and evaluation would be deemed useless if the results are not shared to anyone, especially the parties that require them for the decision-making process.Collection or gathering of documents is facilitated by the data requests prepared during Stage 1. These documents are then organized and distributed to the members of the due diligence team for review. The documents are kept in a data room, readily accessible by members of the team.During this stage, some of the areas or information looked into include the following:The target company’s organizational structureWho are the key employees, particularly the members of the management team?How is the performance of the management team?Which members of the organization are considered to create and contribute value the most?Which members of the organization should be retained, and which should be “laid off” after the integration?Presentation of the financial statements of the target companyDo they accurately reflect the financial condition â€" financial position, liquidity, solvency and profitability â€" of the company?Will the integration have potential impact on the company’s financial condition and, if so, what is the effect?Are the financial statements indic ative of an increase in the company’s profitability?The target company’s market and competitive outlookIs the outlook for the company’s competitive positioning positive?Does the company have the ability to keep its customer base and even increase or expand its reach?Risk exposure of the target companyAre there any significant regulatory or governance risks that the target company is currently facing, or will face in the future?Will the target company be likely facing risks of having liabilities after the integration?What is the likelihood that there will be unexpected risks, and will the company be able to handle these risks?The target company’s long-term sustainabilityWhat are the environmental factors that can affect the company’s operations (i.e. production process, supply and distribution chain, sourcing of raw materials)?What is the status of raw materials and direct labor availability, and what are their impacts on future operations?The culture that governs the targe t companyWhat corporate culture is currently at work in the target company? What national culture, in case of international MA? Are the cultures of the companies compatible?Are there potential culture clashes â€" both corporate and national â€" that can take place during integration? If so, what are they?Will any culture clash be easily overcome once integration happens?In the case of international MA, what cross-border transactions or challenges are likely to arise? Examples are legal and tax issues, differences in accounting bases, employment and labor laws, and environmental and topographical challenges.Take note that the review by the due diligence team may take a while, depending on several factors, such as the availability of the documents, the complexity of the underlying transactions, and the cooperation of all parties involved, to name a few.Stage 3: CLOSUREFinally, the review is over and the due diligence team were able to come up with their findings. Now it is time to dis close the results of the review to the management, who will then make the final decision.There are several possibilities or findings by the due diligence team.A “clean bill of health”. This means that they found nothing that would materially make the management NOT go through with the MA. It’s a go, and the team can immediately proceed to integration planning.There were several irregularities or risks. This could also mean that the review turned up several misrepresentations made by the management of the target company. In this case, the management can take any of the several actions:Continue with the integration as planned;Lower their bid for the target company, using the findings as a basis for revaluation;Request modifications of the findings and require warranties from the target company; orTweak the contract or purchase agreement to address potential damages that may incur in the future as a result of the misrepresentations.The results of the due diligence review are deta iled in a “due diligence memo”, which is created in order to organize, manage, and keep track of all the documents that have been reviewed by the members of the team. This is also where the findings or issues identified are indicated. Many MA transactions repeatedly refer to the contents of the due diligence memo when making important decisions.It is safe to say that a due diligence process for MA is successful if it reveals an all-encompassing, complete and accurate view of the company, by providing information that either confirms or contradicts the proposed valuation of the target company. If the results of due diligence is unable to give management a clear path towards making a decisive choice on whether to acquire a business or look for a better deal, then it is unsuccessful.

Sunday, May 24, 2020

Essay on E-Commerce - Week 7 - 626 Words

Course: BUSN320 Assignment: Week 7 Assignment As the owner of an online surfing gear business, you periodically study the customer paths on your site. This week youve noticed a high percentage of customers abandoning their orders at checkout. Outline the possible reasons as well as how you would correct the problem. Have you ever gone online to checkout a website? And as you browsed through, you add things to your shopping cart as you go along. At the end you decide to go to your shopping cart and go through the process as if you were going to check out, you look at your total and decide to come back later. And that’s if you decide to purchase those items. I know for sure that I am guilt of that. When an online store sees†¦show more content†¦But there are ways that online stores can minimize shopping cart abandonment. They must ensure that their store is user friendly. During the shopping process always allow your customer to review the steps they have taking as well as the product at anytime (Tuttle, B., Sep 27, 2012). Using an online comparison tool is always a great thing. Ensure that your online shopping process is clear and easy to follow. You must keep a clear count of what you have in stock. This will allow the customer to purchase more than one item. Using ic ons of the product in the shopping cart is also a great way to let the customer see what they are purchasing when they are viewing their carts. Be clear on your return policy. You can also send reminders to your customer to let them know that they have items in their shopping cart. It is also a good idea not to empty the carts too soon. You want to try and keep them active for at least 60 days (Tuttle, B., Sep 27, 2012). References * Bustos, L. (Aug 10, 2012). Shopping Carts Abandonment Stats. http://www.getelastic.com/shopping-cart-abandonment-stats-infographic/ * Roggio, A. (Apr 24, 2012). 3 Tips for Managing Shopping Cart Abandonment. http://www.practicalecommerce.com/articles/3497-3-Tips-for-Managing-Shopping-Cart-Abandonment * Tuttle, B. (Sep 27, 2012). The Passive-Aggressive Way to Haggle Online: Abandon Your Shopping Cart.Show MoreRelatedDiscuss the Global Impact of E-Commerce on Society. Essay1207 Words   |  5 PagesP 2.2 Discuss the global impact of e-Commerce on society. 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Wednesday, May 13, 2020

Responsibilities And Responsibilities Of A Project Manager

A project manager has many responsibilities and roles in a project. For a project manager to be successful, they must first guarantee that in the project all the responsibilities are clearly set and understood by all team members. By guaranteeing that the responsibilities and roles are assigned within the project team, this will help to ensure that the project will run smooth, with everyone knowing their roles and responsibilities. By having a successful project manager it will then offer the procurement management the strategies and proper steps, so the managers can have a procurement plan. Without the proper building blocks for the foundation for the project management team, there may be a strategy, but no way of understanding how to deliver the results that are needed for the project. It is important to have management principles, in order to be able to make any business changes successful in the project. The role that a project management has in procurement and supply chain management are but not limited to; reduced operating costs, improved quality, simplified or change the processes and come up with an effective supplier chain management. Some of the challenges in these roles and responsibilities would be to drive value from the supply chain and procurement processes. This is extremely hard and challenging because, you first need to identify the areas that have cost savings and then reduce your operating processes to help reduce costs in your organization. If theShow MoreRelatedResponsibilities Of A Project Manager1728 Words   |  7 Pages Assessment Item- 2 Assignment -1 PROJECT MANAGEMENT BEST PRACTICES Read MoreThe Responsibility Of Being A Project Manager1390 Words   |  6 PagesTaking on the responsibility of being a project manager can be multidimensional and very demanding but rewarding at the end. 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Wednesday, May 6, 2020

Disaster Assessment and Recovery Plan Free Essays

In the given scenario, my establishment was badly damaged when the child of a customer left in a running vehicle; he accidentally shifted the car into forward, destroying the store’s main entrance causing enormous damages to my facility. Herewith is the disaster assessment and recovery plan for my business facility. In assessing the damage, I need to identify what areas have been damaged, what products were affected, how much its estimated cost, was the damaged area repairable, how much might it costs, were there anyone hurt, what kind treatment they need, and how much would be the overall cost of the damaged items and products, the facility, and the injured customers. We will write a custom essay sample on Disaster Assessment and Recovery Plan or any similar topic only for you Order Now Initial assessment shows the glass towards the front and left side area was broken due to the impact of the car. Many product items littered the floor and some in glass container were broken and two of the customers inside were hit by flying debris from the broken glass. The series of questions above could help determine not only the extent of the damages but also what course of actions are needed, and which one urgently needs attention. Obviously, the two customers who were hurt were the top priority as they urgently need to be brought to the hospital for treatment. Fortunately, the incident did not cause any problem on the power supply. However, there were some items that were broken and damaged including some frozen foods. Product items that were damaged or broken will be itemized and will be collected as part of data collection. In case the power supply was lost, all the perishable goods that could not be refrigerated will be considered damaged and will be charged to the owner of the car. After all the data is collected; it is time to evaluate these data to determine the exact overall costs of the incident. The recovery plan Based on the results of disaster assessment, I need to appoint somebody who has a wide organizational influence to prepare a business contingency plan project and to manage it. His task includes insuring cooperation from other concern departments to make sure the on going project is properly funded and to provide strategic direction for the business. He or she will act as the contingency planning coordinator, who is responsible for the successful completion of the project. I should then meet with him to define the scope of the project, the project timeline, and expectations. The repairs and completion of the project will take two weeks, which includes assessment of the overall cost of the damages. Next to this, the planning coordinator must select his team who will work with him. They should create the project plan to be implemented in managing the project and to execute this plan. He should oversee its implementation. When everything is done and the business is back to its previous form, I should keep the contingency manager and his team in my business not only as a token of appreciation but knowing they can do great in my business. To avoid this incident to happen again, I would include in the project the construction of parking lot situated opposite the store with hump and support beam on the immediate perimeter of the building. I will also hire security guard to man and check the parking lot area to avoid the occurrence of similar incidence. How to cite Disaster Assessment and Recovery Plan, Papers

Disaster Assessment and Recovery Plan Free Essays

In the given scenario, my establishment was badly damaged when the child of a customer left in a running vehicle; he accidentally shifted the car into forward, destroying the store’s main entrance causing enormous damages to my facility. Herewith is the disaster assessment and recovery plan for my business facility. In assessing the damage, I need to identify what areas have been damaged, what products were affected, how much its estimated cost, was the damaged area repairable, how much might it costs, were there anyone hurt, what kind treatment they need, and how much would be the overall cost of the damaged items and products, the facility, and the injured customers. We will write a custom essay sample on Disaster Assessment and Recovery Plan or any similar topic only for you Order Now Initial assessment shows the glass towards the front and left side area was broken due to the impact of the car. Many product items littered the floor and some in glass container were broken and two of the customers inside were hit by flying debris from the broken glass. The series of questions above could help determine not only the extent of the damages but also what course of actions are needed, and which one urgently needs attention. Obviously, the two customers who were hurt were the top priority as they urgently need to be brought to the hospital for treatment. Fortunately, the incident did not cause any problem on the power supply. However, there were some items that were broken and damaged including some frozen foods. Product items that were damaged or broken will be itemized and will be collected as part of data collection. In case the power supply was lost, all the perishable goods that could not be refrigerated will be considered damaged and will be charged to the owner of the car. After all the data is collected; it is time to evaluate these data to determine the exact overall costs of the incident. The recovery plan Based on the results of disaster assessment, I need to appoint somebody who has a wide organizational influence to prepare a business contingency plan project and to manage it. His task includes insuring cooperation from other concern departments to make sure the on going project is properly funded and to provide strategic direction for the business. He or she will act as the contingency planning coordinator, who is responsible for the successful completion of the project. I should then meet with him to define the scope of the project, the project timeline, and expectations. The repairs and completion of the project will take two weeks, which includes assessment of the overall cost of the damages. Next to this, the planning coordinator must select his team who will work with him. They should create the project plan to be implemented in managing the project and to execute this plan. He should oversee its implementation. When everything is done and the business is back to its previous form, I should keep the contingency manager and his team in my business not only as a token of appreciation but knowing they can do great in my business. To avoid this incident to happen again, I would include in the project the construction of parking lot situated opposite the store with hump and support beam on the immediate perimeter of the building. I will also hire security guard to man and check the parking lot area to avoid the occurrence of similar incidence. How to cite Disaster Assessment and Recovery Plan, Papers