Unstructured decisions Essay Example

Unstructured decisions Paper Unstructured decision involved complex Situations, where the decisions are complicated and unknown. Where the decision maker rely heavily on the experience, judgment and knowledge for such decisions. As part of HSBC`s business strategy their top level management decided to continue giving subprime mortgage loans to the U. S customers. A subprime mortgage loan is a kind of loans which is offered to customers with poor credit history and low income. Though it was high risky HSBC continued with loans, not only that but also they begin buying up subprime loans from different sources like wholesale mortgage company and independent brokers and others banks. The housing boom and high competitions among the lenders influenced HSBC to make such decisions. Despite of being high risky the loan seems to be tempting because of their high interest which was source of higher revenue for HSBC. These decisions, which were unstructured, were made by top level management based on their judgment market evaluation risk analysis and others internal and external factors. Later on, to overcome the mortgage crisis HSBC made some decisions. They made some changes in their personnel and policies. They stop giving state income loans and increased the required FICO score for qualifying the loans. So all that top level management decisions lead to significant changes in HSBC. Semi-structure decisions: Where a number features can be shared with both the operational and strategic levels. IN the case of HSBC, In terms of purchasing pool of mortgages loan s from wholesaler the middle level management made some semi structure decision s which includes offering state income loans. We will write a custom essay sample on Unstructured decisions specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Unstructured decisions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Unstructured decisions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer HSBC accepting the loans application based on their credit score and documentation like income level, occupation, job position etc. Middle level management made the above semi structure decisions by co-coordinating the decision of the top level management with the implementation by the operational management. Structured Decisions: Structured decision involved repeated and routine works that are managed using certain procedure by the operational management. In the case of HSBC, they decided to pursue subprime mortgage and to implement these, they set guidelines to the operational level management. The operational management approved the credit cards, loans and mortgages based on FICO (Fair Isaac Corporation of Minneapolis) score which is a credit rating institution. They accepted it as a reliable tool for sectioning loans to the customers. This sort of decisions was made by operational management which was structured decision that followed certain procedure. When deciding to pursue subprime mortgages they took some wrong decisions in their decision making process. In my opinion where in the decision making process HSBC went are described below. HSBC flipped some of the second-lien mortgages loans to others company and keep some as investment. HSBC predicted customers will continue the payments and they will earn revenue from the interest. But customers were unable to go on with their payments and that incurred losses to HSBC. In my opinion, HSBC failed to make proper market analysis that lead to wrong forecasting. When providing State income loans, HSBC relied on the information and documents supplied by the applicants. But ninety percentages of the applicants declared their income higher than their real income. Some people overstated their employment position. Therefore they got the loans more than they can afford. In my opinion they did not verified the information and documents of the customers and that was a mistake done by HSBC. When evaluating applicants for credit card, loans and fixed rate mortgages they relied on FICO credit score, but it was not proven as a reliable tool for approving second lien loans and mortgages. So in my opinion using the FICO scoring systems was a wrong decision.

The Crucible society Essays

The Crucible society Essays The Crucible society Essay The Crucible society Essay Mrs Putnam was jealous of Rebecca Nurse. This was because Rebecca had a large healthy family with all living children whereas all but one of Mrs Putnams children had died. Mrs. Putnam had seven babies that each died within a day of its birth. You think it Gods work you should never lose a child, nor grandchild either, and I bury all but one? said Mrs Putnam who channelled her anger into blaming Rebecca for their deaths as she was convinced that Rebecca used witchcraft to murder them. This eventually lead to Rebeccas death because as Rebecca was Mrs Putnams midwife and seven of Mrs Putnams babies died, Rebecca was wrongly charged with being a witch and that accusation was believed. Abigail wanted Elizabeth Proctor dead. This was because following her and Proctors affair, all she wanted was to be with John Proctor. She hoped that if his wife was out of the way she could have John. Betty accused Abigail saying: You did, you did! You drank a charm to kill John Proctors wife! You drank a charm to kill Goody Proctor! Abigails vanity also led her to believe that John Proctor would want her to be his wife rather than Elizabeth. This makes her think that if Elizabeth was out of the way she could have Proctor. She thinks to dance with me on my wifes grave. Also Abigail was found with a needle stuck in her stomach. She accused Elizabeth of using a poppet as a sort of voodoo doll to stick the needle in her. Cheever told Proctor, when Elizabeth showed him the poppet that Mary had made for her earlier that day stuck two inches in the flesh of her belly, he draw a needle out. And demandin of her how she come to be so stabbed, she testify it were your wifes familiar spirit pushed it in. Cheever wouldnt have thought that Abigail would stab herself and that made him believe Abigails untrue story that Elizabeths spirit pushed the needle in and therefore was a witch. Dancing was entirely forbidden and was linked with the Devil. When the girls were caught casting spells whilst dancing they blamed others so they wouldnt be punished. In one scene, all the girls screamed that they had seen other women from the village with the Devil as a diversion that sought to draw the attention away from the girls themselves, I saw Sarah Good with the Devil! I saw Goody Osburn with the Devil! I saw Bridget with the Devil! People were more that willing to accept witchcraft so were easily able to believe stories told to them. Parris was willing to accept that his daughter Bettys illness was unnatural rather that risk his reputation. The unknown illness was considered linked to the Devil as there was no cure and it followed the night of dancing and casting spells. Pride in his scholarship and his belief in witchcraft makes Hale willing to accept the girls accusations (of innocent women) as genuine. Even though he quite likes the Proctors, the girls have accused Elizabeth of witchcraft, which makes him question the Proctors faith, I thought, sir, to put some questions as to the Christian character of this house, if youll permit me. But in the end Hale does come to question the girls accusations following his interrogations of Abigail and later he returns to the town to try and stop the trials because he becomes deeply troubled, claiming that if Rebecca Nurse is tainted, there is nothing to stop the whole world from burning. The two judges Danforth and Hathorne had so much pride that they couldnt accept that the girls had manipulated them with false accusations. They were too interested in being strict in court and asking question after question until the accused person broke down and confessed to save their own life (or deny and be killed). Even after Abigail had vanished, Danforth and Hathorne found it very difficult to believe that the girls had been lying and they still hung John Proctor and Rebecca Nurse. Danforth cried Hang them high over the town! Instead of believing what Proctor says about the girls being fakes, the judges condemn him to death. However, the judges did begin to doubt the truthfulness of the girls stories when Abigail takes all of Parris money and runs away with Mercy but their doubt came too late to save the life of Rebecca Nurse and John Proctor. Proctors pride also leads to his death as he would not falsely confess to witchcraft to save his own life. Once the girls denounced the women it was very difficult to retract their accusations. This was because so many villagers believed the accusations and the girls were frightened of what the court might do when they were discovered to be liars. When one of the girls, Mary, confessed none of the other girls support her and it back fired because the other girls accused her of witchcraft. In the end the easiest way out for Mary was to withdraw her confession. (Pointing at Proctor): Youre the Devils man! The girls accusations were believed because circumstances in Salem allowed people to have revenge upon others to hide their own wrongdoings, for example, when Abigail shouted I saw Sarah Good with the Devil! This took the focus away from her. Conclusion All these factors in Salem society allowed the girls stories to be believed and taken so seriously that innocent lives were taken. After John Proctor had been imprisoned, Abigail found that it was all too much. She couldnt retract her accusations and she could continue with them so she fled. Parris said My niece, sir, my niece- I believe she has vanished. Once the girls had accused other women in the village of witchcraft and the executions had begun, it was very difficult for those involved to admit that dreadful mistakes had been made. But there are three main reasons why the girls stories were readily believed. One is the fact that there wasnt a really strong leader in the town although Parris was supposed to be a leader. Two, Salems court system seems faulty especially as there was no hearing for the victim, even if they were really innocent they had two choices of either confessing or being put into jail or denial which got them executed. Once they were accused they couldnt win. Land and cattle also became available when people were hung after being accused of witchcraft too. Three, people were not allowed to have beliefs and views that were different. When the girls lied about dancing in the woods, they did it to protect themselves and their families. The girls said that they saw members of the town standing with the devil as they believed they could put the blame on to others and not be held responsible for their own sins. Although Abigail and the other girls started the accusations, the responsibility for the deaths of many innocent people lies with the whole community which broke down.

Smart form Coursework Example | Topics and Well Written Essays - 1750 words

Smart form - Coursework Example During the needs assessment, there was noted to be a problem with the integration of inmates back into the society despite having served their term in correctional facilities. They are discriminated on the basis of access to public facilities and resources, education and also in employment. The society and the government have not provided efficient measures to deal with these problems. Thus, the findings from the needs assessment revealed the need for an intervention program which will aid in reduction of recidivism by focusing on reducing the number of probation violations among women, which created overcrowded living conditions in the facility. The probation violations were the result of the connection that drugs played in the crimes to which the women were incarcerated for. This project improves current practice in the programs offered in different correctional facilities as it provides insights into the reduction of probation violation cases in correctional facilities. Furthermore, this will reduce the number of ex-inmates who re-offend as a result of probation violation. The society and the government will benefit by improvement in this field because crimes will reduce. While the society will be safer than before, the government will spend less money on correctional facilities. The life of the inmates will also be changed for the better. Project will provide insights on how to improve the lives of the inmates through provision of substance abuse rehabilitation, job training, training on life skills, housing search, provision of mental and health care services and time and stress management skills which will help the inmates cope with life after prison without relapsing into crime. It would impact my field of interest by lowering recidivism rates. This will reduce the number of prisoners who are rearrested. Consequently this means less responsibilities and costs for maintaining the