A problem statement addresses an area that has gone wrong. In writing one, you must discuss what the problem is, why it’s a problem in the first place, and how you propose it should be fixed. Fargo build a badge software free. Take a look at these four effective problem statement examples to better understand how you can write a great problem statement of your own, whether for a school project or business proposal.
E-BOOK MANAGEMENT SYSTEM Date: AIM: To create a system to perform E- book Management System. (I)PROBLEM STATEMENT: EBook process is well organized online buying and selling of books. This system is well developed in various resources, for example Amazon site deals more about e-booking concept.
Stating a Problem in Scientific Research
The best way to write a problem statement is to start with a basic structure. This will ensure that you hit on all the key points. When formulating a research proposal in science or for a school project, you can focus on four key aspects: context, issue, relevance, and objective. In an actual statement, you would not need to label these four parts; they’re simply labeled here for clarity.
After exercising, the human body is depleted of hydration and electrolytes from sweating. (Context)
The person then needs to decide how best to rehydrate the body and replenish the lost electrolytes. (Issue)
Not all beverages are equally beneficial after exercise. The coach must decide what drink to offer volleyball players during a game or practice. (Relevance)
Answer to write problem statement for a bank queue management system(as detail as possible). Write problem statement for a bank queue management system(as detail as possible) in text. Expert Answer Automated queue management system is a system that helps service provider to manage customer in efficient way.
In this experiment, we will investigate the electrolyte content found in standard sports drink compared to what is found in plain coconut water. (Objective)
Formulating Effective Business Objectives
In business, it’s incredibly valuable to be able to write a clear and direct statement of the problem. This is true even in the context of an informal business proposal, like an email you might send to your manager. Again, sticking to a basic prescribed structure helps you to focus on the problem and how to solve it. For instance, you might format your proposal with a vision, an issue statement, and a proposed method.
Torrent lia model. Remote workers across the company should be able to communicate with one another seamlessly and effortlessly, without getting bogged down in unnecessary or irrelevant messages. (Vision)
Right now, messages tend to get lost or cluttered through multiple email strings. This results not only in lost productivity, but also multiple problems in miscommunication. (Issue statement)
I propose that all employees sign up for Slack and use it for the majority of in-company communication. Conversations can be easily searched and organized by channel. Only more formal communication, like official announcements, should be sent over email. (Proposed method)
Engineering Problem Statement Example
The best examples of problem statements stick to a clear and obvious structure. Engineering problems are no exception. While the exact words may differ from example to example, the main parts of an effective problem statement are fundamentally the same.
The manufacturing and assembly process for Product X is as efficient as possible. (Ideal)
Currently, certain parts need to be transported from one assembly line to the next and installed by hand. (Reality)
The incremental loss in efficiency means that Company Y has not been meeting its production goals this year. (Consequences)
To reduce the need for manual transport of parts, conveyor belts and mechanical robot arms should be installed between assembly lines. This way, workers can stay at their respective stations rather than having to walk back and forth across the assembly room floor. (Proposal)
Describing a Healthcare Issue
Another way to think about writing problem statements is to ensure that you include all five Ws (and one H). Who is this problem for? What is it? When and where does this problem exist? Why does it need to be addressed? How can we solve it? Here’s an example from the context of healthcare:
Townsville General Hospital (where) operates 24 hours a day, 7 days a week. As such, patient needs must be addressed all around the clock. For the overnight shift (when), there are currently no cardiology technologists scheduled (what), which can create issues for emergency staff (who).
Some patients wait for four hours or more for a medical laboratory assistant to administer an electrocardiogram (ECG), a task better suited for a cardiology technologist to perform and interpret. This results in poorer patient care and worse health outcomes (why).
The hospital should always have a cardiology technologist available, even if they are only on call for the overnight shift (how).
Solution to the Problem
Just like all the other writing that you do, the most important point to keep in mind with writing problem statements is to be clear and concise. The person reading your problem statement should immediately understand the issue and the proposed solution. For more practice in this style of writing, try your hand at some technical writing assignments. Focus your writing so that it’s useful and descriptive. This is a very practical kind of writing.
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Bank Management Definition
The only way to achieve the handsome amount of profit compared to similar kind of organizations is to establish skilled and efficient management in any organization.
A bank is a profit-oriented organization; therefore its management procedure is more challenging as the regulatory system always is there to control the bank management.
3 Importance of Bank Management
3 Importance of Bank Management;
- Changing Regulation of Banks.
- Increasing Competition due to Changing Technological Development.
- Changing International Relationship.
Following diagram shows how the bank management becomes more challenging over time:
So, the above diagram shows that day by day, bank management becomes more complicated due to the effect of these three determinants.
Changing Regulation of Banks
At the end of the 3rd decade of the 20th century, thousands of banks around the world failed due to the economic recession called Great Depression.
Due to the bank failure, millions of depositors suffered from a great problem, as they didn’t get back their deposited money. From this time, to protect the interest of depositors, the deposit insurance scheme was made mandatory for banks.
And from this time, the regulation for banks began to multiply from various angles.
Related: What is Management by objectives (MBO)? Defined and Explained
Previously,
to receive registration certificate or certificate of commencement of business and to submit the financial statements were considered to be sufficient for the controlling agencies of banks.
Some of the techniques followed by the bank regulatory authorities to control over the activities of commercial banks are;
- Direction for the right price of bank services.
- Introduction of deposit insurance.
- Direction for adequate liquidity.
- Direction for capital adequacy.
- Direction for approval and non-approval of bank loan operation.
- Recruitment of directors and direction regarding recruitment and directing their duties and responsibilities.
- Loan supervision, review, and examination.
- Direction for adequacy reserve etc.
- Day by day bank management becomes more challenging by introducing rules and regulations by bank regulatory authorities.
Increasing Competition due to Changing Technological Development
A number of served client and quality dimensions of services are the basis of competition. The bank, which provides better service with high quality, is capable of being successful in competition.
Two banks jointly create new services that provide the customers with a sustainable competitive advantage.
Why the new benefit or service that the bank offer is unique and different from that of the other organizations requires the commercial banks to participate in the multidimensional competitive environment.
It Problem Management
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The bank, which can attract more clients, can create client repeatedly. This technological environment absorbed more investment and new training.
Bank Management
So, the management of the bank creates a new strategy of banking services adjusted in the competitive banking business.
Changing International Relationship
In the international banking business, the bank faces an extensive amount of legislation in the event of a new problem. International relations, global or bilateral, create more competition in the banking business.
Other factors, such as changes in international trade and commerce, laws of found transfer, change in social and cultural factors establish new operational management system which challenges the banking business.
In this era of modern science, a solution of competitive environment and development of international relations among banks, the management of the bank follows a strategy to merge banks in the international banking business.
Problem Management And Change Management
All these factors stated make bank management more complex and challenging.