Exploring Underground Natural Gas Piping Essay - 771 Words

How to Locate Underground Natural Gas Piping From Your Gas Meter Locating underground natural gas piping takes some prior training and experience. This how to is the basic skills necessary to locate underground gas piping using a split box locator. It will help new operators understand the basic principle of locating. Equipment Needed: Transmitter and Receiver An Operator Yellow Marking Flags Ground Rod Black and Red Connecting Cables Here are the following instructions in order to successfully locate underground natural gas piping. Step 1: Before you can begin locating, you must check your split box locator. It is important to make sure your split box locator is working correctly. Checking your battery is the first thing you would check, weak batteries is the most common problem for split box locator not operating correctly. Now after you have checked your equipment and everything is ready to go, you are ready to hook up the locator. Step 2: Open the split box locator. One half of the box consists of the transmitter and the other half is the receiver. Once you have opened the box, inside the box you will find a ground rod and black and red connecting cables. Take those two items out as you will need them to hook up the transmitter. Step 3: Grab the black and red connecting cables. On the bottom of the transmitter box there is plug in where you plug the cables into. Plug the cables into the plug in and then connect the red cable to the yellow tracer located on the gas meterShow MoreRelatedWhat Ores Are Considered to Be Non-Renewable Resources?9442 Words   |  38 Pagessurface or underground mining. Many U.S. coal beds are very near the grounds surface, and about two-thirds of coal production comes from surface mines. Modern mining methods allow us to easily reach most of our coal reserves. Due to growth in surface mining and improved mining technology, the amount of coal produced by one miner in one hour has more than tripled since 1978. Surface mining is used to produce most of the coal in the United States because it is less expensive than underground mining.Read More Geothermal Energy Essay4754 Words   |  20 Pagesa large reservoir of heat to comprise energy sources. Geothermal systems are classified and defined depending on their geological, hydrogelogical and heat transfer characteristics. Most geothermal heat is trapped or stored in rocks. A liquid or gas is usually required to transfer the heat from the rocks. Heat is transferred in three different ways, convection, conduction, and radiation. Conduction is the transfer of energy from one substance to another, through a body that may be solid. ConvectionRead MoreReport on Oil and Gas Industry in Pakistan81517 Words   |  327 PagesReport No. 26072-PK Pakistan: Oil and Gas Sector Review July 10, 2003 Oil and Gas Policy Division Oil, Gas, Mining and Chemicals Department Private Sector Development and Infrastructure Document of the World Bank Currency Equivalents Currency Unit = Rupees (Rs) Rs. 1.00 = Paisa 100 US$1.00 = Rs. 58.35 * Rs. 1.0 = US$0.017138 Rs. 1,000,000 = US$17,138 *As of December 31, 2002 Measures And Equivalents 1 Kilometer (km) 1 Cubic Meter (m3) 1 Cubic Meter (m3) 1 Thousand Cubic FeetRead MoreTraining Need Analysis and Evaluation of Training Effectiveness13780 Words   |  56 Pagesinternational co-operation. BHEL : ORGANIZATION PROFILE Established in the late 50’s, Bharat Heavy Electricals Limited ( BHEL ) is, today, a name to reckon with in the industrial world. BHEL or Bharat Heavy Electricals Limited is a gas and steam turbine manufacturer in India. It is one of Indias nine largest Public Sector Undertakings or PSUs, known as the Navratnas or the nine jewels . It is the largest engineering and manufacturing enterprise of its kind in India, and one ofRead MoreProject Mgmt296381 Words   |  1186 Pageslove and encouragement—my parents (Samuel and Charlotte), my wife (Mary), my sons and their wives (Kevin and Dawn, Robert and Sally) and their children (Ryan, Carly, Connor and Lauren). C.F.G. â€Å"We must not cease from exploration and the end of all exploring will be to arrive where we begin and to know the place for the first time.† T. S. Eliot To Ann whose love and support has brought out the best in me. And, to our girls Mary, Rachel, and Tor-Tor for the joy and pride they give me. Finally, to myRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesAccording to the assumptions of Theory X, the average worker is lazy, dislikes work, and will try to do as little as possible. Moreover, workers have little ambition and wish to avoid responsibility. Thus, the manager’s task is to counteract workers’ natural tendencies to avoid work. To keep workers’ performance at a high level, the manager must supervise workers closely and control their behavior by means of â€Å"the carrot and stick†Ã¢â‚¬â€rewards and punishments. Managers who accept the assumptions of Theory

The Relationship Between Emotional Intelligence And...

In this report, I will analyze and use three literary articles to discuss the relationship between emotional intelligence and leadership. I will discuss the reasoning for the credibility of each source chosen for this paper, summarize interesting information provided by each article, discuss any findings related to the topic, and discuss how the topic will influence my future behaviors. Overview of Credible Sources Before I can start discussing the relationship between emotional intelligence and leadership, I must explain why the three sources used in the report are credible. First, all three sources are credible because each article was found using The University of Texas at Austin’s library databases. In other words, none of the articles were found using Google or another unreliable search engine. Second, all of the sources are published in educational or business journals. Due to this fact, all three journals increase in credibility. Furthermore, each article uses reference s from other sources to further support any findings and conclusions. Due to these three reasons, I have concluded that all sources used for this paper are credible. Summarization of Information in Each Article In this section, I will summarize the most interesting, disturbing, and surprising information found in each article. The first article I will discuss is â€Å"Emotional Intelligence and Leadership Development†. In this article, I was surprised to learn that corporate America spends large amountsShow MoreRelatedRelationship Between Emotional Intelligence And Transformational Leadership Essay1514 Words   |  7 PagesPherwani (2003), the relationship between emotional intelligence (EI) and transformational leadership style was examined in order to determine whether EI scores could be used to predict transformational leadership style. In addition, gender differences in the relationship between EI and transformational leadership were examined to determine if there is a significant interaction of gender and emotional intelligence. This research is important, because transformational leadership has been found to beRead MoreThe Relations hip Between Emotional Intelligence And Leadership Style That Differentiate Effective Leaders9113 Words   |  37 PagesThe purpose of this quantitative correlation study is to examine the degree and extent of a relationship between emotional intelligence and leadership style that differentiate effective leaders. A brief review of the literature was conducted using the following resources, Northcentral University Library (NCU Roadrunner), Google Scholar, Galileo, and ProQuest. Several searches included peer-reviewed publications and academic journals such as the International Journal of Business Management, JournalRead MoreLeadership Style And Emotional Intelligence1734 Words   |  7 PagesLeadership Style and Emotional Intelligence Many organizations and groups are established each day, but only a few realize their dreams. Although many factors are responsible for the differences in success and failure of organizations, leadership is a prime factor. Leaders play a significant role in determining the success or failure of an organization. Management studies have attempted to understand leadership including defining the skills that a leader requires to become successful. EmotionalRead MoreEmotional Intelligence And Organizational Leadership1445 Words   |  6 PagesEmotional Intelligence and Organizational Leadership Various authors have been debating the issue of emotional intelligence and organizational leadership. However, the existing discourse on the matter has been hampered in terms of limited theoretical applications. Moreover, many analysts have failed to propose effective relationships among constructs, thus failing to offer any meaningful relationship between emotional intelligence and organizational leadership. Nevertheless, many authors offerRead MoreEmotional Inelligence Essay examples1669 Words   |  7 Pagesyears emotional intelligence has become one of the hottest topics between organizations. Researches have been working on this topic for time to time, to demonstrate or refute the importance of feelings. In the beginning common thoughts from managers and or supervisors were; emotions are in the way; emotions try to keep us from making good decisions; emotions increase a lack on focusing. Fortunately, an indeed research takes emotional intelligence to an ultimate ideal in whi ch intelligence is basedRead MoreUnderstanding Of Emotional Intelligence, Organizational Leadership, And Workplace795 Words   |  4 Pagesintellect, relationships and trust Sherman (2012), exited the organization. In addition to this critical loss, the remaining employees were left to perform business as usual. Downey (2011) indicated that emotional intelligence, organizational leadership, and workplace culture are directly linked to how employees relate to the leaders of an organization. The understanding of emotional intelligence, its components and a comparable leadership style such as transformational leadership is vital toRead MoreThe Impact Of Emotional Intelligence On Public Accounting949 Words   |  4 Pagesthrough collaborative work between several disciplines, public accounting not being far apart from this context is related to another science with the purpose to collect and converse quantitative information, primarily of financial nature of economic entities that allow judgments and decisions to inform its users. In this way, psychology develops new constructs of human behavior in different contexts that deserve to be treated in public accounting. Emotional Intelligence is a field of study that emergedRead MoreEmotional Intelligence And Nursing Leadership1638 Words   |  7 PagesEmotional Intelligence and Nursing Leadership Today, the emphasis on the word leadership leads us to believe that it is unattainable by the average person. We hear phrases such as leaders are born and not created that make us feel that leadership is only for the few. In some instances, this could be the case, but a form of leadership that can be learned by anyone is known as emotional intelligence. Using leadership of this kind can be used in all sorts of career fields such as corporate, salesRead MoreThe Impact Of Emotional Intelligence On Leadership999 Words   |  4 PagesThe Impact of Emotional Intelligence on Leadership and Leadership development in the non-profit sector. Gone are the days of intelligence relating only to academia and the testing of the intelligence quotient (IQ). The 21st century brought about the introduction of â€Å"emotional intelligence† as an added skill set in a leader’s tool kit. Essentially, the ability be aware and manage one’s own emotions, the others emotions, and effectively applying that information to guide ones thinking and actionsRead MoreEmotional Intelligence And Its Effect On The Job Satisfaction Of Employees Essay1645 Words   |  7 PagesEmotional intelligence relates to an individual’s ability to manage their emotions, and is shown to have positive outcomes for an organisation. Manager emotional intelligence is thought to have an effect on the job satisfaction of employees, which could be due to behaviour or leadership styles. It is inconclusive which of these reasons, if any, are the cause of the positive correlation due to the lack of overwhelming support for any one cause and t he biases of the studies. Emotional intelligence

Major Benefits Of The Airtraq Health And Social Care Essay Free Essays

string(76) " whilst utilizing this tool compared to the current Macintosh laryngoscope\." The undermentioned entry lineations my proposal to present the AirtraqA ® Video Intubation ( Airtraq by Prodol, 2010 ) device into the Airway Management Clinical Practice Guidelines of Ambulance Victoria. Endotracheal Intubation ( ETI ) has ever been considered the gilded criterion of airway direction and is presently a MICA merely skill. My proposal is to present a new piece of equipment which will non merely do it easier for MICA trained paramedics, but may take to ALS paramedics one twenty-four hours besides being accredited in ET cannulation. We will write a custom essay sample on Major Benefits Of The Airtraq Health And Social Care Essay or any similar topic only for you Order Now At present Ambulance Victoria do non use any picture laryngoscopy equipment, alternatively trusting on the standard Macintosh laryngoscope and perfect line of sight of the vocal cords to execute the cannulation. Clinical grounds has shown that with the usage of the Airtraq Guided Video Intubation tool successful in increasing cannulation rates, even in awaited hard instances. The Airtraq device is compatible with IFS and RSI cannulations and has even been used in awake patients following consumption of a lignocaine solution. They have been used in morbidly corpulent patients, patients fitted with cervical neckbands, patients restrained in autos following MVA ‘s, and pediatric instances to call a few. They have besides been used as portion of a failed cannulation drill after direct laryngoscopy cannulation was non achieved. This proposal aims chiefly to present the Airtraq as the standard tool used by AV for cannulation, or neglecting that, as the following measure during a hard patient following the failed cannulation bore CPG before making for the cricothyroidotomy scalpel. Kind respects, Background ETI is an intricate accomplishment that requires pattern and apprehension in order to execute and keep the proficiency. To set up or keep a patent airway a soft plastic tubing is threaded past the patients vocal cords and into the windpipe. Different methods of interpolation apply and scope from necessitating general anesthesia or local anesthesia to none at all referred to as an awake cannulation. Currently cannulation in Ambulance Victoria is reserved merely for MICA officers due to the terrible reverberations if it is non performed right. However, it is a basis of advanced airway direction and indispensable in clinical scenarios where the patients air passage is compromised or oxygen bringing is imperative such as traumatic encephalon hurt. The accomplishment is non merely used in the prehospital scene but predominately in exigency sections worldwide which is where the bulk of our informations has been sourced from. Paramedics are invariably required to cannulate in less than idea l fortunes out in the field. Any device or tool that would be helpful in helping cannulation and consequence in fewer complications or troubles should be considered earnestly. Macintosh Laryngoscope ( Dimeda, 2009 ) Previous surveies show that paramedic pupils executing traditional Macintosh cannulations required extended preparation that may turn out to be financially unrealistic for an establishment ( Warner et al. , 2010 ) . The survey reported that in order to accomplish high success rates of first-pass ETI, drawn-out preparation plans and patient exposure was required. Whilst it was fortunate that the peculiar university carry oning the survey was attached to an adjoining infirmary, obtaining in-hospital patients to pattern upon may be far more ambitious for most other preparation plans and universities. So what makes the Airtraq different? The Airtraq is preponderantly based upon the Macintosh laryngoscope design. Both are long metallic blades aimed at making the groove channel to let for a good visual of the vocal cords. However the differences between the two designs and the subsequent positive consequences are good documented. AirtraqA ® Laryngoscope ( Enayah, 2010 ) There is marked curvature toward the tip of the Airtraq blade, ensuing in less manoeuvring and force per unit area during interpolation, hence supplying less opportunity of dental injury. More significantly, the in-built optical camera placed at the distal tip of the blade is designed to give the best possible position of vocal cords with the mini proctor built into the grip of the device. The two most common landmarks used during interpolation ( vallecula channel for Macintosh and epiglottis for Miller blade ) can both be used with the Airtraq, doing it a really various pick for those coming to work in Victoria from interstate of abroad ambulance services. There is the option of an extra radio proctor to give a larger image of the camera position and provides a docking station in instance charging is required. It besides integrates an anti-fog system to give the best opportunity at a clear position. Additionally the Airtraq is a individual usage disposable device that wholly cuts out any cross-contamination hazards that may originate due to improper cleansing after usage. A survey performed in the UK comparing proficiency of medical pupils with no anterior advanced airway direction preparation, provides cardinal grounds in favor of the Airtraq being used amongst ALS and MICA crew likewise. The survey compared a scope of state of affairss including normal air passages in supine place, left sidelong place, during cervical immobilization and in a pharyngeal obstructor scenario. They so evaluated the figure of cannulation efforts, figure of optimization tactics ( seting of the caput, bougie, helper ) , continuance of the cannulation efforts and dental injury caused ( Maharaj, Costello, Higgins, Harte A ; Laffey, 2007 ) . Across the board there were better consequences recorded with the Airtraq – pupils stated it was easier to utilize, they had less trouble, cannulation times were shorter and tactics and incidence of dental injury were significantly lower compared to the Macintosh laryngoscope. The survey so went on to re-test the participants in 6 months clip in order to measure a â€Å" impairment in cannulation accomplishments † ( Maharaj et al. , 2007 ) . Consequences in favor of the Airtraq once more proved positive, frequently demoing about dual the success rate when utilizing the Airtraq. 90 % of Airtraq cannulations required zero optimization maneuverers compared to 50 % whilst utilizing the Macintosh. This information tells us that there is the possible to do ETI far easier and safer for paramedics whilst utilizing this tool compared to the current Macintosh laryngoscope. You read "Major Benefits Of The Airtraq Health And Social Care Essay" in category "Essay examples" It so shows us that because of the design of the Airtraq, even if the medical practician has non used the device in a important clip, they are more likely to be able to cannulate right and rapidly utilizing the Airtraq. This would be wondrous good for those MICA staff that have n’t performed ETI for a piece and are experiencing rusty. It besides shows possible that possibly in the hereafter, ETI could perchance be introduced to ALS paramedics provided a thorough and supportive preparation plan can be provided. Major benefits of the Airtraq As the population becomes older, less active and increasingly more corpulent, new techniques and get bying schemes will necessitate to be devised to battle progressively hard cannulations. Taking patients that were undergoing bariatric surgery, a survey was performed to find the best manner in which to use the Airtraq in respects to way of interpolation ( Dhonneur et al. , 2007 ) . In mean leaden patients it is practical to utilize the standard method of laryngoscope interpolation without excessively many complications. However in morbidly corpulent patients a somewhat different method was developed to battle the extra fatty tissues barricading the throat. The blade can be inserted with the curve rotated 180A ° prior, so rotated into the normal pharyngeal place known as a contrary tactic. This process was shown to diminish cannulation times during the survey which is ideal and implies that the patient will hold the shortest clip possible in between oxygenation and airings with this method. Difficult cannulations including corpulent patients have been reported to take 4 times every bit long as standard cannulations ( Dhonneur et al. , 2007 ) so safely and efficaciously cut downing interpolation times is overriding when researching new methods and tools. An extended survey was performed to find if the Airtraq truly was every bit adept as it claimed to be when used in concurrence with patients that has suffered from spinal hurts and had later been fitted with cervical neckband. The survey was performed utilizing patients undergoing surgery whom had no anterior or current spinal injury. Alternatively motions between occipital and cervical sections were measured utilizing skiagraphy and the information was recorded in grades of angle ( Hirabayashi, Fujita, Seo A ; Sugimoto, 2008 ) . Again, this research compared between the Macintosh laryngoscope and the Airtraq. Whilst both devices used did make some extension motion when cannulation was performed, the Numberss were still lower and in favor of the Airtraq. The research workers used the patients impersonal head place as the baseline figure and found that divergences in spinal angles were smaller, sometimes up to 40 % compared with the Macintosh. The article besides finished by saying t hat the troubles in go throughing a ET tubing down through the vocal cords utilizing a Macintosh blade ( being unable to put patient in the sniffing place ) would ask significant and accordingly, a important angulation of the laryngoscope ( Hirabayashi, 2008 ) . However in contrast the Airtraq has a built in counsel channel for weaving the ET tubing into the windpipe when cords have been adequately visualised. This would ensue in a decrease of motion bing less possible for spinal hurts caused by cannulation injury. Whilst old surveies had recorded and analysed the clip it took to execute cannulation with Airtraq ( Nowicki et al. , 2009 ) , this survey specifically showed scope of motion alternatively of clip and velocity. Discussion and Decision The information gathered in this proposal is designed to demo the board that the Airtraq device has superior effectivity when comparing cannulation consequences against the standard Macintosh laryngoscope. The curvature of the blade and camera make it far easier to visualize vocal cords whilst the patient is supine or even sitting. Cannulations performed were systematically faster and required fewer efforts than normal. The Airtraq system has proven it has a rapid acquisition curve with novitiates and professionals likewise being able to visualize class 1 cords rapidly, easy and still be far more effectual than the options at a ulterior day of the month after nothing exposure. The device has shown its ego to be the preferable tool when cannulating the corpulent or spinally immobilised. It was documented that the Airtraq did non raise blood force per unit area up by 50mmHg after cannulation unlike its Macintosh equivalent ( Maharaj et al. , 2008 ) . The Airtraq caused less dental injury and soft tissue hurt. Was suited and encouraged during hard cannulations state of affairss such as spinal hurts, corpulent patients, tissue hydrops These points and more are presumptively what a paramedic would look for in an cannulation tool if given the option. If given the pick between what is presently in usage and the easier, safer and more various option, the Airtraq appears to be a clear victor. Compatible with both IFS and RSI guidelines the Airtraq would comfortably steal into our presently used cannulation CPG ‘s and could potentially replace the Macintosh wholly. The possible cost factors at buying the disposable tool would hopefully be seen as secondary to its benefits for both the patient and the paramedic. Logistically buying the new device would hold to be determined informations exposing how many cannulations MICA performs on a regular footing. Using the Airtraq would potentially alter the manner we think about cannulation and let it to go incorporate into the ALS accomplishment set. More research would be required into uniting the Airtraq without the terrible paralytic drugs such suxamethonium used in RSI and whether it could be a possible option for ALS paramedics. Considerations for extra CPG information are included below. Airtraq by Prodol. ( 2010 ) Retrieved from hypertext transfer protocol: //airtraq.com/airtraq/portal.portal.action Dhonneur, G. , Ndoko, S. K. , Amathieu, R. , Attias, A. , Housseini, L. E. L. , Polliand, C. , A ; Tual, L. ( 2007 ) . A comparing of two techniques for infixing the Airtraq laryngoscope in morbidly corpulent patients. Anaesthesia, 62, 774-777 Dimeda ( 2009 ) . Dimeda Surgical Instruments. Retrieved from hypertext transfer protocol: //www.dimeda.de/images/laryngoscope.jpg Enayah, A. ( 2010 ) . Emergency and Critical Care Solutions. Retrieved from hypertext transfer protocol: //www.al-enayah.com/Product.html Hirabayashi, Y. , Fujita, A. , Seo, N. , A ; Sugimoto, H. ( 2008 ) A comparing of cervical spine motion during laryngoscopy utilizing the Airtraq or Macintosh laryngoscopes. Anaesthesia, 63, 635-640. Maharaj, C. H. , Costello, J. , Higgins, B. D. , Harte, B. H. , A ; Laffey, J. G. ( 2007 ) . Retention of tracheal cannulation accomplishments by novice forces: a comparing of the Airtraq and Macintosh laryngoscopes. Anaesthesia, 62, 272-27. Maharaj, C. H. , Costello, J. , Higgins, B. D. , Harte, B. H. , A ; Laffey, J. G. ( 2008 ) . Evaluation of the Airtraq and Macintosh laryngoscopes in patients at increased hazard for hard tracheal cannulation. Anaesthesia, 63, 182-188 Nowicki, T. A. , Suozzi, J. C. , Dziedzic, M. , Kamin, R. , Donahue, S. , A ; Robinson, K. ( 2009 ) Comparison of usage of the Airtraq with direct laryngoscopy by paramedics in the fake air passage. Prehospital Emergency Care, 13 ( 1 ) , 75-80 Warner, K. J. , Carlbom, D. , Cooke, C. R. , Bulger, E. M. , Copass, M. K. , A ; Sharar, S. R. ( 2010 ) . Paramedic preparation for adept prehospital endotracheal cannulation. Prehospital Emergency Care, 14 ( 1 ) , 103-108. How to cite Major Benefits Of The Airtraq Health And Social Care Essay, Essay examples

Commission Australian Securities Investment-Myassignmenthelp.Com

Question: Discuss About The Commission Australian Securities Investment? Answer: Introducation As provided by principle 7 of the Australian Securities and Investment Commission it is the duty of the board of directors of a listed company to identify risk and adopt a proper framework to address them. In case there is a failure on the part of the board of the listed organizations to recognize or address risks it might not only have an adverse effect on the organization but also the stakeholders such as shareholders, creditors, employees , consumers and the society as a whole[1]. According to the recommendations provided by AISC on risk management, the listed organizations board should have in place at least one committee to oversee identify and address risks. The committee must have three independent directors. It further states that the committee of the board or the board itself must review the risk management structure of the company every year at the least so that they can be sure that it is effective. The process of the review must also be disclosed in order to ensure accoun tability. The internal audit function of the entity has to be disclosed in accordance to structure and role of the function. It is also the duty of a listed organization to disclose any kind of material exposure on its part in relation to social, environmental and economic risk and further how such risks are intended to be managed by the organization. In the given circumstances it has been provided by that a substantial financial harm had been suffered by the company Ardent Leisure Ltd (Ardent) in relation to the Dreamworld leisure park (Dreamworld) operated and owned by them on the Queensland Gold Coast. This was because an accident had taken place at Dreamworld which had resulted in the death of a few partons as a result of a ride failure. Accidents are events which are beyond the control of the owners. However if proper safety measures are taken accidents can be avoided to a large extent and its effects could be minimized. In this situation it has been provided that no proper ini tiatives had been taken by the company after the incident which can be said because the company had been criticized for not been able to deal with the risk arising from the incident. The owner of a place is liable to any harm which has been caused to any person with respect to the place. Thus in this case Ardent is liable for the accident. If the risk management framework would have been placed Ardent would have been able to identify the risk associated with the ride before any accident took place and the risk could have been addressed properly. Even if the accident would have taken place after a proper risk identification system the harm from the accident would have been minimized if a proper framework would have been in place to manage the incident. However people were killed and the and not only it was a social loss but also a severe financial and goodwill loss for the company. Thus it can be said that the board of Ardent failed to recognize and manage risk in relation to the inc ident. As discussed above the principle 7 of the Good Corporate Governance Recommendations imposes an obligation on the listed organizations to identify and manage risks through the implementation of a proper risk management framework[2]. The principles highlight the formation of one or more risk management committees within the organization which would have the role to identify and risk situation and have a framework in place for addressing it. In the provided circumstances Dreamworld needed a crisis management team in place which would have been able to ensure prompt action with respect to the accident and the adverse effects of it would have been minimized. Principle 7 further provides for a disclosure of any economic, social or environmental risk and if such recommendation would have been followed by Ardent that they would have been more accountable towards the identification of risk and the accident could have been avoided. Thus in this case it can be evidently said that Ardent have vi olated the principle 7 of the ASX good governance principle by not been able to identify and manage risks[3]. Breaching the provisions of principle 7 not only results in legal consequences but also subjects an organization to competitive disadvantages because of the results of poor governance. A failure to identify and address risks exposes an organization to various accidents which is not beneficial to its interest[4]. If risks are not identified the organization becomes prone to accidents and as there is no or improper structure of meaning the after effects the organization has to suffer heavy losses[5]. As a result of the accidents the organization does not only suffer financial losses but also the loss of goodwill which impacts on the value of the organization in the society. Investors become reluctant to invest in such organization. In addition the absence of a risk management system does not impose any accountability on the employees which subsequently results in loss of productivity and bad quality services. The Executive office of the ASX has the responsibility to initiate enforcement actions against corporation for the violation of the rules of ASX. It has an if not why not principle in place according to which if an organization does not wish to accept the corporate governance polices of ASX it is free to do so but it has to provided explanation that why the polices are not being followed. Initially enforcement decisions are made by the ASX Chief Compliance officer and then an appeal lies in the ASX appeal tribunal. As provided by ASX Enforcement and Appeals Rulebook a penalty of $250000 may be imposed by the ASX for the breach of operating rules and a penalty of $1000000 for the breach of Austraclear Regulations. For instance in the case of Sino Australia Oil and Gas Limited (Company) the ASX was able to impose a penalty of $80000[6]. Thus in this case the ASX can seek civil penalties such as disqualification of directors along with pecuniary penalties. The duty of care and diligence towards the organization by the directors is provided in Section 180 of the Corporation Act 2001. According to the Section 180 the board of directors or any other executive officer of an organization must discharge their duties and exercise their powers in accordance to a degree of diligence and care which would have been exercised by a reasonable person if they were the directors in similar circumstances or had the same responsibility like the directors in context. The breach of this section results in civil penalties Section 1317. When it comes to business judgment a course of action can be considered to be appropriate if the action is done in for a just purpose and in a good faith, do not have any personal interest in the judgment, indulge in informed decision making and believe rationally that the decision is for the benefit of the organization. The actions of the directors are considered to be rational if any reasonable person would hold the same v iew. The section is also applicable on duties resulting out of common law and equity. Business decision means any action which is associated with the business. In the recent case of Australian Securities and Investment Commission (ASIC) v Cassimatis (No. 8) [2016] FCA 1023, the court held that the directors to be liable for the breach of section 180(1) of the CA as they their actions contravened the provisions of CA[7]. In the case of Re Centura Global Holdings Pty Ltd[2015] NSWSC 1744 the judge held that breaches of the Environmental Planning and Assessment Act 1979 accounted to the breach of section 180(1) on the part of the directors[8]. In the case of ASIC v Mariner Corp (2015) 327 ALR 95 at [444] it was held by the court that section 180 does not impose various obligations on the directors but the only obligation is to act in accordance to the existing legal provisions[9]. In the case of Sheahan (as liquidator of SA Service Stations) (in liq) v Verco(2001) 79 SAR 109 the court ruled that the duties of the directors under section 180(1) are only towards the company and not the environment or shareholders UNLESS proceedings are brought a gainst the directors by the ASIC it has to be proved that actual loss had been suffered by the company. In the particular circumstances it has been established in the previous section that Ardent had breached the principles laid down by ASX in relation to risk management. it can be derived from the cases discussed above that one of the primary requirements for establishing the breach of section 180 of the CA by the directors is the contravention of any existing legal provisions which would have not been done by a reasonable person under any circumstances. It can further be analyzed that a reasonable person would have not breached the good governance principles related to risk identification and management provided by ASX. As such provisions have been breached by the directors of Ardent they are liable for the breach of Section 180 of the CA and additional penalties have to be imposed on the directors other than the financial harm suffered by the company. The CEO of Ardent Leisure Deborah Thomas had stepped down for the post after the fatal accident which took place in Dreamword[10]. She had been subjected to criticism for not been able to provide a appropriate response to the disaster. The company seeks to become one of the leaders in global entertainment and particularly focus on the market in US. The shares of the company had fallen by 7.8% since the fatal accident took place[11]. The company has been subjected to much attention since the accident as investigation had been initiated towards the incident[12]. The company has indulged in damage control since the incident has taken place. The company provided the statement that they are deeply saddened and shocked by the incident and they provide their condolences to the involved famines. It has been further stated by the company that company is rapidly working along with police and emergency authority to determine the facts and cause around the incident. After the tragedy the company had suffered a loss of 49.4 million. The theme park was closed for a period of 45 days since the accident. During the shutdown the company was involved in commissioning and commencing a comprehensive safety and operation review process for the park[13]. The company admitted to the fact that they did a mistake in the way the first 48hours after the incident had been handled. A crisis management expert Graeme Newton has been brought into the company from Deloitte along with Mike McKay who was the former Queensland policeman. The company has initiated a safety review process which has to be passed by all rides before they can become operational and closed the controversial thunder river rapid ride permanently. Whenever a crisis occurs where a loss of life takes place according to the ten commandments the first and foremost thing which is to be done is to contact the family of the deceased which has not done by the company. Following the incident, the polices which have been initiated by the company are collaborating with the private sector, proper planned outcome process and establishment of a crisis management committee within the organization. However the company is still in a defensive mode with respect to the incident and providing justification from what has gone wrong. The company is still boasting its so called robust policy and procedures when made them had 30 million people visit the park since 1981. References The Guardian. (2017) https://www.theguardian.com World Australia Dreamworld. DreamworldS Parent Ardent Leisure Is In Damage Control (2017) NewsComAu https://www.news.com.au/finance/business/other-industries/dreamworld-parent-company-ardent-leisure-in-crisis-after-fatal-theme-park-accident/news-story/00c3d7a283c19e05427f273bb3a44e39 ABC (2017) https://www.abc.net.au/news/2017-04-26/ardent-leisure-ceo-to-stand-down.../8472304. Council, ASX Corporate Governance, and A. S. Exchange. "Corporate governance principles and recommendations . ASX Corporate Governance Council." (2014). Tricker, RI Bob, and Robert Ian Tricker.Corporate governance: Principles, policies, and practices. Oxford University Press, USA, 2015. Council, ASX Corporate Governance. "Corporate Governance Principles and Recommendations, 3rd edn (ASX, Sydney)." (2014). Glendon, A. Ian, Sharon Clarke, and Eugene McKenna.Human safety and risk management. Crc Press, 2016. Pritchard, Carl L., and PMI-RMP PMP.Risk management: concepts and guidance. CRC Press, 2014. Booth, Simon A.Crisis management strategy: Competition and change in modern enterprises. Routledge, 2015. Gilligan, George, et al. "Penalties Regimes to Counter Corporate Misconduct in AustraliaViews of Governance Professionals." (2017) [1] Council, ASX Corporate Governance, and A. S. Exchange. "Corporate governance principles and recommendations . ASX Corporate Governance Council." (2014). [2] Tricker, RI Bob, and Robert Ian Tricker.Corporate governance: Principles, policies, and practices. Oxford University Press, USA, 2015 [3] Pritchard, Carl L., and PMI-RMP PMP.Risk management: concepts and guidance. CRC Press, 2014. [4] Council, ASX Corporate Governance. "Corporate Governance Principles and Recommendations, 3rd edn (ASX, Sydney)." (2014). [5] Glendon, A. Ian, Sharon Clarke, and Eugene McKenna.Human safety and risk management. Crc Press, 2016. [6] Gilligan, George, et al. "Penalties Regimes to Counter Corporate Misconduct in AustraliaViews of Governance Professionals." (2017). [7] Australian Securities and Investment Commission (ASIC) v Cassimatis (No. 8) [2016] FCA 1023 [8] Re Centura Global Holdings Pty Ltd[2015] NSWSC 1744 [9] ASIC v Mariner Corp (2015) 327 ALR 95 at [444] [10] The Guardian. (2017) https://www.theguardian.com World Australia Dreamworld. [11] DreamworldS Parent Ardent Leisure Is In Damage Control (2017) NewsComAu https://www.news.com.au/finance/business/other-industries/dreamworld-parent-company-ardent-leisure-in-crisis-after-fatal-theme-park-accident/news-story/00c3d7a283c19e05427f273bb3a44e39 [12] Booth, Simon A.Crisis management strategy: Competition and change in modern enterprises. Routledge, 2015. [13] ABC (2017) https://www.abc.net.au/news/2017-04-26/ardent-leisure-ceo-to-stand-down.../8472304.