Friday, August 28, 2020

Free Essays on End of History

The End of History? Francis Fukuyama In the exposition, The End of History, Fukuyama claims that soon there will be no more history to be made. This is on the grounds that his meaning of history is â€Å"mankind’s ideological advancement (Fukuyama 201).† This development comprises of humankind advancing from savages to socialized people. En route, there have been endless clashes and barbarities, which we record and characterize as â€Å"history†. Notwithstanding, Fukuyama accepts that right now we have accomplished the most elevated type of government, which he accepts is liberal majority rule government. As liberal vote based system gradually spreads, this will in the long run take out all contentions, with the exception of the ones roused by monetary turn of events. Fukuyama refers to the destruction of Japan and the inconvenience of American vote based system there as an underlying advance to the democratization of different nations. In spite of the fact that we have quit leaving a mark on the wo rld, Fukuyama accepts that Third World nations are as yet wealthy in it. He expresses that contentions between these littler states and the bigger s! tates will even now be happen, just not the contention between enormous states as we have considered such to be in World War I and II. Fukuyama’s tone in the article is one of prevalence as far as the sort of government we have, yet a tone of disillusionment that once popular government spreads, the world will be a â€Å"boring† spot to live in. I incompletely concur with Fukuyama’s see on history. I concur with Fukuyama in the way that history is essentially founded on clashes. On the off chance that you think back on critical occasions ever, they for the most part incorporate occasions, for example, war and transformation. Despite the fact that history characterized with regards to â€Å"anything that is past† will consistently be there, the kind of history we commonly consider will be fundamentally changed if majority rule government somehow managed to spread everywhere throughout the world. I am in understanding that if this somehow happened to occur, there would be no more wars. In any case, to accept that each country will before long utilize a democra... Free Essays on End of History Free Essays on End of History The End of History? Francis Fukuyama In the article, The End of History, Fukuyama claims that soon there will be no more history to be made. This is on the grounds that his meaning of history is â€Å"mankind’s ideological advancement (Fukuyama 201).† This development comprises of humankind advancing from savages to enlightened people. En route, there have been countless clashes and outrages, which we record and characterize as â€Å"history†. In any case, Fukuyama accepts that right now we have accomplished the most noteworthy type of government, which he accepts is liberal majority rules system. As liberal popular government gradually spreads, this will in the end take out all contentions, aside from the ones roused by financial turn of events. Fukuyama refers to the destruction of Japan and the burden of American popular government there as an underlying advance to the democratization of different nations. Despite the fact that we have quit impacting the world forever, Fukuyama accepts that Third World nations are as yet wealthy in it. He expresses that contentions between these littler states and the bigger s! tates will at present be happen, just not the contention between enormous states as we have considered such to be in World War I and II. Fukuyama’s tone in the paper is one of predominance as far as the kind of government we have, however a tone of dissatisfaction that once majority rules system spreads, the world will be a â€Å"boring† spot to live in. I halfway concur with Fukuyama’s see on history. I concur with Fukuyama in the way that history is for the most part dependent on clashes. On the off chance that you think back on noteworthy occasions ever, they ordinarily incorporate occasions, for example, war and transformation. Despite the fact that history characterized with regards to â€Å"anything that is past† will consistently be there, the sort of history we ordinarily consider will be profoundly changed if majority rule government somehow managed to spread everywhere throughout the world. I am in understanding that if this somehow happened to occur, there would be no more wars. Notwithstanding, to accept that each country will before long utilize a democra...

Saturday, August 22, 2020

American Money Spending Essay Example | Topics and Well Written Essays - 1000 words

American Money Spending - Essay Example In spite of the fact that there are other ethnic gatherings also, they are in the minority and because of time limitations won't be remembered for this overview. Before the study it was required to find that whites gain more than different gatherings and in connection ought to spend more. During the review it was discovered that individuals are hesitant to give out data on their profit and credit standing, and simply subsequent to making members agreeable that they will remain mysterious did some of them unveil the data. From 29 people requested to finish the study just 11 consented. From the members just 4 utilized charge cards and their normal exceptional sum on these cards were under $2000.00. On the off chance that this review would have been illustrative of the entire American populace everywhere with an a lot bigger inspecting rate, it would have discredited the explanation that the normal American has remarkable credit in the locale of $4000. The above table was taken from an article by Barbara Hagenbaugh, in the USA today magazine on shopper obligation. In another article Liz Weston additionally contend against this figures as she expressed that most Americans don't claim a Mastercard and of those that do, most own under $1000. The study that was created contained more data than what was clarified in the above outline. The study may have been over evolved, and that might be the motivation behind why such a significant number of people would not like to finish the structure. On the off chance that the structure were less complex, containing less inquiries, more individuals may have taken an interest. Moreover if mark boxes and not yes or no answers were required, individual could have finished structures in less time, making it increasingly satisfactory. The inquiries may have been to direct and it could be conceivable to utilize an increasingly inconspicuous strategy for enquiring into individual data. On the other hand it would have made disarray with members, bringing about an expansion so as to finish structure, which thus would decrease the measure of people ready to participate. What I gained from the Survey Right off the bat there is substantially more to a review than simply working a couple of inquiries and going out and get individuals to take an interest. The overview creation and format is significant, as this will impact individuals to set aside some effort to fill in the structure. Next the objective gathering must be recognized before doing the

Friday, August 21, 2020

Literature Searches Research Paper Example | Topics and Well Written Essays - 500 words

Writing Searches - Research Paper Example This level distinguished and individualized elements which were quite certain and furthermore broke down uncommonly care units and the elements inside which add to business related pressure. Fundamentally assessed singular articles are composed by writers who assess and give a brief synopsize of the individual research examines. There were five outcomes found with this standards. These articles recognized examinations with suggestions identified with the theme and gave a concise outline of the investigation without feeling or finishes of their own. For unfiltered data I utilized MEDLINE. For RCT’s just one outcome was found with the pursuit term nursing related pressure. This assessed nursing understudies feeling of anxiety at the bachelor’s level and was a quantitative report. Associate examinations include gatherings of people who are connected here and there and watched. 2 outcomes were found with this measures. Just one was important which watched Chinese attendants to decide factors identified with pressure. This connected people of a specific ethnic gathering. Case controlled investigations are simply observational with no mediation endeavored and contrasts people and certain qualities with the individuals who don't have those attributes, for example, an ailment. For this gathering I utilized malignant growth as the varying variables and 212 outcomes were found. These outcomes weren’t helpful as generally centered around the patient instead of the pressure of the guardian. These examinations would not be my first decision in looking into nursing related pressure. For foundation data or master feeling I concentrated on approval contemplates. There were 502 outcomes however most were not centered around my specific point or expression which I utilized. These outcomes really gave physical and organic proof of nursing related pressure. These investigations were very inside and out and explicit, some estimating degrees of stress hormones or utilizing characterized scales to decide levels of

Tuesday, May 26, 2020

A History of Major Declaration Essay Samples Culp Georgetown Refuted

A History of Major Declaration Essay Samples Culp Georgetown Refuted The Debate Over Major Declaration Essay Samples Culp Georgetown 1 important consideration is the access to material. Your own personal statement is a fundamental part of your graduate school application. The third paragraph follows the exact same recipe. The very first paragraph should explain a couple of facts with backup research. Your research paper has to be thesis-driven. If you select a topic that's not of interest to you, it is going to show in your paper. Describe briefly the research you've already done. Scientific research will provide you with the tools you need as a medical student to comprehend the changes within the field of medicine. For the very first draft, your introduction doesn't need to be spectacular. Nevertheless, the prompt asks about your targets! See below for a couple examples of successful hooks. Essay writing can appear overwhelming sometimes, but breaking it down into sections helps most individuals write an outstanding essay. This sentence is the thesis statement, and it functions as a review of the argument you'll make in the remainder of your paper. The previous sentence ought to be an extremely concise and easy statement that puts a point at the conclusion of the essay. This region of the assignment requires you to include two to three paragraphs about why this topic is intriguing and important. So it is a school-specific question. A blank page is simply the beginning of the writing process. Make certain to include the question itself at the beginning of your essay. See what you could add to provide the reader a better take on your position right from the start. If you prefer to use this approach, you've got to bare this approach for those points during proposal. The very first thing you ought to be aware of is the structure, or the way to format your conclusion. The SFS is about a worldwide problem you believe is vital. You should construct a thesis that you're ready to prove utilizing the tools you've got available, without needing to consult the world's top expert on the issue to supply you with a definitive judgment. When using a different approach in regard to creating the plot and fashion, the quick story still addresses the major theme and questions that Kincaid's writing provoked. This is quite unclear what the author was attempting to explain here. Kincaid's major theme requires the thought of how such great distance can lead to a false perception of reality. Yes, I am aware that there are particular things in life that ought to be considered. Furthermore, I managed to find out more about myself through different experiences I had in life. Circumstances in life have their way of altering the course of a person's perception. Questioning the essence of the analogy itself seemed the perfect place to start because it was the most elementary aspect. The Chronicles of Major Declaration Essay Samples Culp Georgetown The essay supplies you with the chance to showcase elements of your nature and experiences that fit nicely with the University of Maryland community. From that point you may move on to the more intricate questions of what things to do from a policy perspective, but I thought it essential to set a firm foundation before delving into those more elaborate troubles. Research and writing the work cannot start before the proposal is still approved. Even should you not have the time to find advice elsewhere, you can do a little thes is evaluation of your own. Our premium plans provide different degree of profile access and data insights that could let you get into your dream school. My work was admired by a lot of people especially companies that offered job prospect. The bulk of the work you should do around the proposal will be used in the greatest thesis. Particulars of the structure of contemporary work lives and the absence of community integration appears to be complementary.

Friday, May 15, 2020

Ratio Analysis And Liquidity Ratios Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1310 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? As we can see that the highest current ratio among 2005-2009 is belong to year 2007 which is 1.23. Generally, the higher the current ratio means the better of the firm financial performance. But in year 2009, current ratio decrease to 1.04. Don’t waste time! Our writers will create an original "Ratio Analysis And Liquidity Ratios Finance Essay" essay for you Create order It does not seem well in the financial performance of the firm. As we can see that the overall current ratio graph is show unstable while current ratio increase in the first three years and decline in year 2008 and 2009. Moving on to Quick ratio of texchem group, we can clearly see that the best year in quick ration is belonging to year 2007 which resulting 1.01 after excluded inventory of the firm. The reason of calculate quick ratio is to determine how much inventory occupy in the firm. Generally, investor will focus on quick ratio rather than current ratio. For texchem group in year 2007, we can see that the inventory of the firm in that year is not much, the reason may be because of the inventory turnover in year 2007 is high, so that firm do not hold so much of inventory. Therefore the quick ratio of year 2007 is above 1 compare to other years. Activity Ratios This section of activity ratio measure about the firm activities aspects of Texchem group performance among year 2005 to 2009. In activity ratio, we will discuss on inventory turnover, average collection period in times, and average payment period in times. Below show the inventory turnover of Texchem group from year 2005 to 2009. According to the result show in the inventory graph above, we can see the inventory turnover of Texchem in year 2007 and 2008 are the same high which result of 17.37 and 17.38 times. It is almost the same in these two years. In year 2005, inventory turnover is 13 times but slightly decrease in year 2006 to 12.81. In year 2006 to 2007, we can say that was a critical moment among the year. May be because of the economy of year 2007 is doing well, that is why the inventory turnover increase rapidly from 12.81 to 12.37. Although in year 2008 is the global economy crisis, but it seem does not affect Texchem performance. Graph above showing the average co llection period of Texchem group from year 2005 to 2009. Average collection period meaning how fast for a firm take time to collect back the money from daily sale on credit. In finance view, the faster a firm can collect back the money which on credit meaning the better of the firm financial. For Texchem group, in the first three from 2005 to 2007 are almost the same which is 0.20 to 0.21 times annually. But in 2008, because of increase in sale and decrease in account receivable, so it affect the average collection period during the year. In my opinion, there is also another reason on why the average collection period in year 2008 was decrease. On my view, year 2008 was economy crisis year which affect every firmacirc;â‚ ¬Ã¢â€ž ¢s financial performance, for those firm who dealing with Texchem may be required to extend the payment period in order for them to ride off from the storm. For Texchem group itself, they also hope every firm who deal with them are able to pay them back in this hard situation. So they are willing to extend the collection period to their customer. Average payment period for Texchem group is showing on above. The highest payment time is in year 2009. This was because of decreasing in purchases. From RM49, 319,331 in year 2008 decrease to RM20, 912,618 in year 2009. There was RM28, 406,713 gap between 2008 and 2009. From year 2005 to year 2007, Texchem group purchases and invest minimum of RM32, 022,911 and maximum of RM37, 003,539 in property. This made the firm have to pay much more times within a year. However, in year 2009, it seem Texchem does not manage their finance very well. As resulted in the annual report of Texchem group, in year 2009, account payable of Texchem group was increase to RM157, 865,237 from RM149, 806,355. This made Texchem group have to pay more compare to previous year. In order to clear the payment, Texchem group have to pay more times within a year in order to clear the account. So in year 2009, average p ayment period of Texchem group was increase to 7.54 times a year. Total assets indicate on how well is a firm fully utilizes its assets to generate sales. The highest assets turnover was 2.13 on year 2008. According to the result showed on above, the overall of the firm performance was quite satisfied. Because we can see the growth of the assets turnover was increase in every years except year 2009. In my opinion, Texchem did very well in utilizing their assets to generate sales especially in year 2008 which a year of economy crisis. Profitability Ratio In this section, we discussing on how much of revenue generate by Texchem Group in order to attract more people to invest in Texchem. Under Profitability ratio, we discuss about gross profit margin, operating profit margin, net profit margin, earning per share, return on assets (ROA), and return on equity (ROE). Graph above show the Gross Profit Margin and Operating Profit Margin of Texchem Group. The overall of gross profit margin is showing decrease from year 2005 to 2008. However, in year 2009, gross profit margin slightly increase from 16.23% to 19.19%. The peak is in year 2005. Moving on to operating profit margin which is measure on the profit that generate after deduce costs and expenses but excluding interest, taxes, and preferred stock dividends. However, it does not seem good during these five years time. We can see that it decreasing from 2005 to 2009 except year 2007. The worst year was 2009 which is 0.97% generated in that year only. This is not good for Texchem fin ancial because it still need to pay for interest, taxes, and preferred stock dividends. 2009 was a dangerous year. Net profit Margin is measure the profit after operating profit deduced those interest, taxes, and preferred stock dividends. As the operating profit margin stated previously, we already can predict that Texchem will show to be negative. Unfortunately, in year 2008 and 2009, it shows negative 0.12 and 0.9 of net profit margin. In year 2007 was a critical year which generated profit of 1.4 much higher than year 2006. However, it was drop rapidly in year 2008. Moving to earning per share, it measure on how much of money can be earn from each outstanding share during a period of time. Obviously, the best year to be invest in Texchem is year 2005 which earn 15.03 sen per share. In my opinion, i will not invest in Txchem in year 2008, because that year was global economy crisis year. Stock market was affected by the economy crisis as well. The last part of profitabil ity ratio will be calculating on return on assets(ROA) and return on equity(ROE). ROI is also known as ROI (Return on investment) which measure on how much a company generate profit with the assets that they having in hand. Obviously, in years 2008 and 2009, both ROA and ROE does not seem to get any return and firm having a hard time to pay their shareholders due to the loss of financial. Debt Ratio Debt ratio measure the number of total assets which borrow from third party being used to generate profit. In debt ratio, the greater of the ratio indicate the more assets can be use to generate profit. Debt ratio of Texchem group show decreasing in the first three years and increasing in the last two years. According to the data on above, 2005 was a best year which having more peopleacirc;â‚ ¬Ã¢â€ž ¢s funds to be used in investment. However, the overall performance were remaining in the range of 67% to the highest 71%. The time interest earn ratio was substantially increase and decreasing over the years. In year 2005 and 2006, it shows negative of 106.12 and 107.48. Although it was increase in year 2007, but in 2008 it had been pull down the ratio back to negative of 62.52 by the economy crisis. The overall performance of Texchem in time interest earning ratio was bad among these years.

Wednesday, May 6, 2020

Financial Analysis For A Company s Performance - 1203 Words

Charles_T._Horngren (2005) stated that â€Å"people perform financial analysis for different reasons, Supplier want to see if a customer can afford a price hike, Customers want to know if a company will still be around in a year to honor a warranty, Managers, creditors, investors, and the CEO’s all have their reasons for reading the statements, regardless of your interest in the company. Financial statement analysis involves using financial data to assess some aspect of a company’s performance† Horngren added †Although many analysis methods exist, the cornerstone of financial statement analysis is the use of ratios† Financial ratios analysis can measure the firm liquidity, solvency, profitability and market prospect Eljelly (2004) elucidate, that† efficient liquidity management involves planning and controlling current assets and current liabilities in such a manner that eliminates the risk of inability to meet due short-term obligations and avoids excessive investment in these assets. The study found that the cash conversion cycle was of more importance as a measure of liquidity than the current ratio that affects profitability†. Liquidity ratios measure the company’s ability to meet its maturing short-term obligations. In other words, can a company quickly convert its current assets to cash to meet its short-term obligations? Therefore, Liquidity ratios are very significant to investors and creditors since it helps them to identify how easily company will be able to pay offShow MoreRelatedPerformance Analysis Of The Company s Financial Statement785 Words   |  4 Pages Managers within a firm, including the owners and lenders, need to track the firm’s performance in order to be successful. Those individuals are able to review performance through analysis of the company’s financial statements. A firm’s financial statement consists of a firm’s income statement, balance sheet, and cash flow (In/Out). Businesses use these reports to understand the financial position of the firm. The reports can also serve as a tool when making decisions on how the firm will operateRead More A Critical Evaluation Of Financial Performance Essay1689 Words   |  7 PagesA CRITICAL EVALUATION OF FINANCIAL AND OPERATIONAL PERFORMANCE THROUGH 360 DEGREE ANALYSIS LALIT MOHAN (Research Scholar) Deptt. 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Tuesday, May 5, 2020

Hybrid Process Model Creation and Evolution †MyAssignmenthelp.com

Question: Discuss about the Hybrid Process Model Creation and Evolution. Answer: Introduction: The article under review in this essay is titled Case Analytics Workbench: Platform for Hybrid Process Model Creation and Evolution. This article was presented by Yu, X; Li, X; Liu, H; Mei, J; Mukhi, N; Ishakian, V; Xie, G; Lakshmanan, G.T. and Marin, M. during the 13th International Conference on Business Process Management. The article discusses a new approach of creating and developing an effective hybrid process model that combines both declarative and imperative business modeling processes. The importance of business process modeling in business process management cannot be overemphasized. For a business to thrive in a competitive environment, it must have properly structured models that make it easier to execute, analyze and improve various processes of the business. This review will be discussed by describing the content and intension of the article, analyzing the discussion and conclusions made by the authors, identifying issues highlighted by the authors about the model deve loped, discussing the relevance of the model created in business process management and writing a conclusion of the entire article. This article discusses a new approach of creating and developing hybrid process models called Case Analytics Workbench. According to the authors of the article, this is an end-to-end system that accelerates the process of creating and developing hybrid process models through combination of imperative and declarative process mining, human interaction through a cloud environment and event log clustering. Most of business modeling processes have been either imperative or declarative. Imperative modeling processes include XPDL (XML process definition language), BPMN (business process model and notation and web services BPEL (business process execution language). These processes apply imperative paradigm where only allowed activity flows are captured and any unspecified flow is rejected implicitly thus limiting many BPM applications(De Giacomo, et al., 2015). Declarative modeling processes include SCIFF, Declare and DCR. These processes allow all activity flows as long as specified constr aints are not violated(Goedertier, et al., 2015). But as a result of changing business environments, customer demands, economic factors and technologies, many businesses nowadays have knowledge-intensive processes that cannot be efficiently met with either declarative or imperative modeling process. The knowledge-intensive processes largely depend on knowledge and expertise of workers who perform different interrelated knowledge-intensive executive tasks that are centered on large volumes of data and information and need greater flexibility. Both the imperative and declarative modeling process have their own strengths and weaknesses using each of these processes individually is not enough to meet the current business process modeling requirements(Caron Vanthienen, 2016). To overcome this challenge, authors of this article decided to develop an approach that combines both the declarative and imperative business modeling processes. Hybrid models improve service quality of clients off ered by BPM companies, consultants or specialists(Parody, et al., 2016); (Wang, et al., 2013). Therefore the purpose of this article is to examine a new approach of creating and developing an effective hybrid process model called case analytics workbench, which combines both declarative and imperative business modeling approaches. The hybrid modeling approach is able to modeling all processes of the business. Looking at it from human effort perspective, creating and refining a hybrid business process model for knowledge-intensive processes is a demanding task. To begin with, the modeler must visualize the process model so as to have a picture of the final product. This gets more challenging as the complexity and structure of the business becomes more complex. Second, the model should identify and follow an appropriate learning curve so as to learn the latest hybrid modeling guidelines and languages. Third, the modeler must ensure that his hybrid model is up-to-date by running various process mining approaches and explaining the results comprehensively so as to improve it. Last but not least, it is important for the modeler to check other analytics approaches so as to customize his model even better. There are five main features that make case analytics workbench a better business process modeling method. First, this method combines mining results obtained from both imperative and declarative processes and extract evidences backed by data then uses an original hybrid model to synthetize the evidences automatically. Second, it applies a hybrid modeling approach that is acceptable in the industry by modeling declarative parts and imperative parts using CMMN and BPMN respectively, and considering their extendibility and applicability. Third, it uses event log clustering for customizing the business process model created. Fourth, it provides better and state-of-the-art interfaces that improves users visualization and interactions when creating and developing a business process model. Fifth, it is integrated with IMB Case Manager (IBM) a case management product(Yu, et al., 2015). The case analytics workbench comprises of four main modules: case model management module, data management module, process mining module, and evidence management module, as shown in Figure 1 below. Case model management module is the most fundamental module and it comprises of three components: case model storage, case model manager and case model editor. This module provides users with a platform for interacting with a case model and allow them to create, edit, save and transform business models(Yu, et al., 2015). Data management module handles different process execution logs or records, convert them to approved event record formats or layouts, and process them further with clustering. Process mining module uses data management modules event logs to run imperative and declarative process mining methods. Evidence management module obtains mining results from process mining module and presents it to the user for value-added understanding and insight. This model is also used to store, visualize, filter and synthesize evidences. In terms of organization, the workbench is divided into two segments. The first is the server-side components that are set out in the cloud, and the second is the client-side components that acts as an interface for users to execute their actions and also maintains business logic. To demonstrate the capability of case analytics workbench on creating and developing a business process model that has been created in this article, the authors performed two practical case studies, one from insurance industry and another from healthcare industry. The first case study was used to show how different components of the case analytics workbench are arranged and synchronized to help the modeler create and develop an underwriting model more conveniently. The second case study was about improving a complex hybrid model. In the first case study, 4300 execution logs of underwriting process were collected from an insurance company. Data presentation component of the workbench was used to transform the data to formal event logs. Event log cluttering was used to generate two clusters: cluster 0 with 2038 auto insurance underwriting cases and cluster 1 with 2267 property insurance underwriting cases. Declarative process mining method was used to generate visualization results in a Dendrogram. The results were presented in bars with different colors, lengths, black line position (showing support and goal correlation), as shown in Figure 2 below. The results provided very meaningful and reasonable elements that were not well-defined in raw data, such as additional tasks and constraints. Imperative process-mining method is also used to mine sensible sub-processes for various tasks then transformed them to evidences, as shown in Figure 3 below, which also contains evidences transformed from results of declarative process-mining method. Before evidence synthesis engine was automatically run, a filter was used to select strong evidences with support and goal correlation greater than 0.3 and 0.5 respectively. Recommendations for model improvement were provided by evidence synthesizer component, after which the user selected and confirmed the improvements in order to create the final process model, which is shown in Figure 4 below. Therefore this case study demonstrated data collection, preparation and clustering; process mining; and evidence analysis and synthesis processes of case analytics workbench. The second case study was used to show care pathway improvement. In medical context, a care pathway refers to a standardized process comprising of several care stages that correspond to various conditions of disease progression, and each stage has its different clinical tasks and unique constraints. Care pathways are usually complex and therefore the authors of this article were optimistic that a hybrid process model would be an effective solution to the problem. In this case study, the workbench was used to build a case model of initial care pathway derived from clinical guide for managing cognitive heart failure. The authors used real electronic medical records to mine evidences that were then used to refine the created model so as to generate one that met the needs of a specific group of patients. The evidences obtained from the imperative and declarative process-mining engines were meaningful and played a key role in refining the care pathway model, which is shown in Figure 5 bel ow. The case analytics workbench demonstrated in this article by its authors is evidently an efficient, flexible and reliable method of creating and developing a business process model. Nevertheless, the authors have highlighted some issues that must be considered to make the process successful or even better. One of these issues is the human effort needed when creating a business process model using the workbench. This process is knowledge intensive and requires the modeler to visualize the entire process and final product at the start, learn the latest hybrid modeling guidelines and languages any time they are released, continuously update the model being created and find out what other modelers are creating so as to improve and customize his model. Another issue is the cost of decoupling. If the volume of data being used is too large, it becomes relatively burdensome for the network to transmit the data between different modules of the model. Therefore advanced methods of data transmi ssion are necessary. The authors have also highlighted the need for empirical evaluation aimed at enabling different modelers create a hybrid process model integrally. This will enable the methods developed to run models that have already been generated instead of just being used as modeling tools. The case studies presented in this article have demonstrated the capability of case analytics workbench to create a hybrid business process model. This approach is cloud-based and has coherent interface that enables users to interact with case models and check analysis results absolutely hassle-free. This cloud-based architecture has numerous advantages including extendibility and versatility. In this article, it has been proven to be very useful and efficient for use in healthcare and insurance industries. The fact that hybrid process model combines declarative and imperative process-mining approaches makes it better than discrete models such as BPMN model. The hybrid process model created in this article is applicable in a wide range of fields of BPM and it has been accepted by BPM product developers and managers, BPM specialists, business process administrators, clinical physicians, etc. The key advantages highlighted by its users include: combination of imperative and declarative process-mining methods; involvement of clustering technique; and improvement of user interaction. Still there is room for improving the hybrid process modelling and more focus should be put on empirical evaluation so that different modelers can create a hybrid model integrally and use it to run already generated models. The authors of this article have comprehensively presented a solution of creating a cloud-based, end-to-end system that combines imperative and declarative process mining to create a hybrid business process model. Case analytics workbench, as it has been called, is an advanced, flexible, user friendly and versatile hybrid business process model that is can be used to solve a variety of business process management problems. The authors have successfully demonstrated application of this model in healthcare and insurance industries. Even though this hybrid model has numerous advantages over other models that use either imperative or declarative process-mining methods, there is still great room for improvement. Some of the suggested researches include: further empirical evaluation aimed at enabling different modelers to create a hybrid process model integrally; improvement of data transmission mechanisms; and reduction of decoupling cost. All in all, results obtained using the case analy tic workbench developed and presented by authors of this article were impressive and accepted by various specialists, including BPM specialists, business process administrators, BPM product developers and managers and clinical physicians. Therefore hybrid business process models such as case analytics benchmark have great potential of improving business process management. References Caron, F. Vanthienen, J., 2016. Exploring business process modelling paradigms and design-time to run-time transitions. Journal of Enterprise Information Systems, 10(7), pp. 790-813. De Giacomo, G., Dumas, M., Maggi, F. Montali, M., 2015. Declarative Process Modeling in BPMN. In: Z. J, K. M J. P, eds. Advanced Information Systems Engineering . Cham, Switzerland: Springer, pp. 84-100. Goedertier, S., Vanthienen, J. F, C., 2015. Declarative business process modelling: principles and modelling languages. 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