Thursday, September 3, 2020

Negative Effects of Diversification in the Hospitality Industries

Question: Examination the Negative Effects of Diversification in the Hospitality Industries. Answer: Presentation Enhancement alludes to a degree where things, circumstances or individuals fluctuate/are extraordinary. All things considered, in the business world, broadening implies extending because of proceeded with development and advancement (Cho, 2013). Along these lines, this implies a business can enhance either on a level plane or upward which implies that it can keep delivering nearly a similar sort of merchandise/various types of products however in a similar creation line and level or start a totally unique item (Tanui, 2015). In any case, each business that necessities to extend must have a reasonable comprehension and ability of its prerequisites and obligations particularly with regards to costs, monetary status, accessibility of assets and its situation in the market in addition to other things. By and by, broadening has got some negative and positive effects towards the cordiality business essentially in view of the industrys development and advancement with years (Martin, 2015). For this report, I will examine the negative impacts as it were. The point of this examination is to get the opportunity to comprehend the root of these impacts and the explanation with regards to why they show up. Likewise, this proposition will have the option to discover a manner by which the business can get hold of these negative effects and roll out incredible improvements with them in their business tasks as well as in the entire business. This proposition will investigate each valuable information to figure out how to transform them into focal points rather than impediments or transform them into helpful data instead of useless information. Exploration Objectives To break down the impacts of enhancement on friendliness industry To discover the degree at which the negative impacts of enhancement sway friendliness industry To discover methods of overseeing enhancement impacts to the friendliness business To discover methods of turning the enhancement impacts to friendliness industry advantage Exploration Approach The exploration systems are the manners by which information is to be dissected hypothetically. Evidently, there are various types of explores (functional exploration and hypothetical examination) which utilize various procedures of breaking down the data. There are additionally extraordinary exploration systems which are arranges as per their investigates, they include: Quantitative, subjective, connection or relapse examination and the Meta-Analysis philosophies. In any case, the examination philosophy, research questions, theory and the exploration structures are all between related. This just implies they go connected at the hip to supplement one another. Purposes behind the Recommended Approach In this examination am going to utilize both the subjective and quantitative exploration philosophies. Both of these procedures are generally powerful essentially in light of the fact that they give exceptionally dependable outcomes. The subjective examination strategy is for the most part utilized when the analyst is keen on realizing the conspicuous reasons with respect to why certain individuals carry on with a particular goal in mind while others don't (Creswell et al, 2007). The quantitative consistently gives the sensible level or degree at which the a few people carry on in a specific way while others don't. For my examination, by utilizing both I will realize the reasons with regards to why and what causes the broadening impacts, how to go them to cordiality industry advantage and how much they truly influence the business. Examination Methodoly and Technique Suggested Research Technique This alludes to information assortment and examination strategies. Information assortment will be gathered utilizing meeting and survey organization. The meetings have been picked as a suitable technique since it offers an opportunity for explanation of the information offered henceforth the analyst will have the option to gather progressively dependable information. The polls will offer enough an ideal opportunity for the specialist to offer explained responses however the greater part of the unskilled individuals will be unable to fill (Creswell et al, 2007). It additionally may not offer an opportunity for clarification consequently its mix with the meeting will empower productive and successful information assortment. The meeting will be never really individuals who won't have the option to answer the surveys. Both of these will help gather information even from entrepreneurs who don't communicate in a similar language yet can comprehend, or those can see yet can't talk. Populaces In assurance of the example size, the example will be taken from business in the neighborliness business in the case of offering cooking or lodging administrations. Likewise the entrepreneurs will be chosen haphazardly after and from wherever to the extent they are happy to help in the exploration by sharing data. The Sampling Design The specialist will utilize arbitrary testing to finish this examination. In any case, when utilizing this sort of examining procedure, the scientist ought to guarantee that each kind of respondent is thought of. This implies notwithstanding the sexual orientation, private area, recurrence of their purchasing, age, salary level to name just however a couple of contrasts ought to be dealt with similarly and to the best of his/her insight (Bryman et al, 2015). This will expand the odds of getting the correct data from them in light of the fact that by doing this the analyst will assist them with feeling great and their assessments esteemed. Execution Plan Arbitrary inspecting configuration will be best in light of the fact that there will be no an ideal opportunity to pick who to ask what and for what reason. This will support balance and reasonable treatment of each respondent that the analyst will have the option to get. Likewise, through examining, the respondents will be in a situation to give genuine, right, dependable and genuine responses to the inquiries that is destined to be being posed. This is basically on the grounds that nobody will know or sure that they will be picked. Irregular picking of organizations from anyplace allows the scientist to gather the right information (Williams, 2011). This is on the grounds that the organizations will have no change to meddle or manufacture their reactions since they won't be completely mindful of whether they will be picked or not. Along these lines, this technique is essentially the best for this sort of examination on the grounds that there are higher odds of getting the correct d ata from the entrepreneurs and the business directors for investigation. Likewise as referenced before, the meetings will offer an opportunity for explanation of the addressed asked which gives the analyst a chance of gathering progressively dependable information and better clarifications for the reactions. A meeting additionally permits an opportunity for the respondent to approach questions or for explanation at whatever point they may not comprehend the inquiry. It allows to offer a top to bottom information through testing. Then again, the polls will offer enough an ideal opportunity for the respondent to offer explained responses however a large portion of the unskilled individuals will most likely be unable to fill them (Creswell, 2012). In any case, it doesn't supplier sufficient space for clarifications henceforth constrained reactions and in this manner less dependability on the information. It likewise may not offer an opportunity for clarification henceforth its blend with the meeting will empower proficient and successful information assortme nt. Recommended Research Questions What are the primary negative impacts that influence a friendliness business association? What do you think causes such sort of impacts? How much do they truly make an impact the business development and improvement rate? What are the results that collect with these impacts? What are the potential arrangements that can be utilized to tackle a portion of the impacts? For to what extent have you been encountering the impacts? With the sort of impacts and results referenced above, to what extent do you figure the business can manage them? Venture SCHEDULE Each examination procedure must beginning with the distinguishing proof of the point which may take only multi week. Directing a writing audit in subtleties which will give the analyst a more profound comprehension of the theme which takes about all things considered a month. Examination addresses plan which takes multi week to be finished. The theory testing done and the philosophies to be associated with the examination picked. The philosophies may contains things like the information sources, information assortment strategies and information investigation. This progression may take additional time for example a month and a half since one needs to examine the information and comprehend the importance of the outcomes. By doing all these, the specialist will discover it to do his/her exploration and will take less time and costs less on the grounds that they will have a decent arrangement on what to do at what time. Proposal I can prescribe the specialist to do the exploration in a profoundly populated territory and particularly one with numerous accommodation administration offering organizations like in towns or urban communities. This may incorporate organizations like inns, inns, lodgings to give some examples. This will build the odds of the specialist getting more respondents who are knowledgeable about addressing outsiders without discovering it being a trouble. Furthermore, they will surely get the most solid data for examination. End It is significant for each analyst to follow the means referenced above to have the option to prevail in their exploration. Likewise, every scientist should ensure that they are totally acquainted with their exploration subject to improve ease and examination accomplishment just as fulfillment. References Cho, Y.S., 2013. The impact of business expansion on an organizations execution, contingent upon its dynamic capacities and market dynamism.Journal of Management and Strategy,4(3), p.p1. Yahya, M.Y., 2015.The improvement of vital arranging idea process model for little medium venture (SME) in the development industry(Doctoral paper, University Tun Hussein Onn Malaysia). Martin, C.J., 2015. Seeing the Unseen: Sense making as a Deliberate Strategy for Radical Innovation. Rathjen, P., 2014. Th

Tuesday, August 25, 2020

Allegheny College Admissions and Acceptance Criteria

Allegheny College Admissions and Acceptance Criteria Allegheny College in Meadville, Pennsylvania, has specific confirmations, and in 2016 the acknowledgment rate was 68 percent. Most of conceded understudies have evaluations and SAT/ACT scores that are better than expected. The affirmation procedure is comprehensive, and the school takes a gander at subjective estimates, for example, your application exposition, letters of suggestion, meet, extracurricular exercises, and exhibited intrigue. They have a discretionary school meet that can be a factor in improving your odds of being acknowledged. Affirmations Data (2016) Allegheny College Acceptance Rate: 68%The school has test-discretionary affirmations, however you can see common SAT and ACT scores for conceded understudies in this GPA, SAT Score and ACT Score chart for Allegheny College Top PA universities SAT score comparisonTop PA universities ACT score examination About Allegheny College Allegheny College is a private, residential,â liberal expressions collegeâ located in Meadville, Pennsylvania. The school was highlighted as one of just 40 universities in Loren Popes well-regardedâ ​Colleges That Change Livesâ and different distributions have lauded Allegheny for its worth, the customized consideration understudies get and the quality of its senior capstone experience. All seniors finish and protect the senior comp. It was perceived as one of the best 25 aesthetic sciences universities in the U.S. by Washington Monthly. The school has a 10â to 1â student/staff ratioâ and a normal class size of 21 understudies at the early on level and 11 at the upper level. For its qualities in the aesthetic sciences and sciences, Allegheny College was granted a part of the prestigious Phi Beta Kappa Honor Society. They commend their Unusual Combinations as they expect understudies to pick a significant and a minor. They accept that demonstrates their alumni to be individuals who can comprehend the master plan. Enlistment (2016) Complete Enrollment: 1,920â (all undergraduate)Gender Breakdown: 47â percent male/53 percent female97â percent full-time Costs (2016-17) Educational cost and Fees: $44,250Books: $1,000 (why so much?)Room and Board: $11,170Other Expenses: $2,500Total Cost: $58,920 Allegheny College Financial Aid (2015-16) Level of Students Receiving Aid: 99 percentPercentage of Students Receiving Types of AidGrants: 99 percentLoans: 67 percentAverage Amount of AidGrants: $29,971Loans: $7,998 Most Popular Majors Science, Communication Studies, Economics, English, Environmental Science, History, Mathematics, Neuroscience, Political Science, Psychology Graduation and Retention Rates First Year Student Retention (full-time understudies): 83 percent4-Year Graduation Rate: 70 percent6-Year Graduation Rate: 76 percent Intercollegiate Athletic Programs: Mens Sports: Football, Swimming, Tennis, Basketball, Football, Track and Field, Baseball, Cross Country, SoccerWomens Sports: Basketball, Softball, Volleyball, Tennis, Cross Country, Lacrosse, Soccer, Track and Field Information Source National Center for Educational Statistics Allegheny and the Common Application Allegheny College utilizes the Common Application. These articles can help direct you: Normal Application exposition tips and samplesShort answer tips and samplesSupplemental article tips and tests

Saturday, August 22, 2020

The Italian and English Legal Systems Essay -- Law

Legal frameworks have been utilized transcendently all through the world to address debates in different settings, where charged lawbreakers, to law requirement officials and master observers participate every day to determine deputes in legal way (Silverman et al 2010). Be that as it may, qualities of the legal frameworks vary from nation/district to another, contingent upon the premise of the framework which may cause an effect on the master observer. As a clarification for the above explanation, one might say that lawful frameworks fall into two frameworks, the ill-disposed framework and the inquisitorial framework. Alternately, a half and half between those two frameworks has shaped one more framework which is recognized as the blended framework. These get from verifiable law and legal practices which have been drilled for a lot of time, which in the long run improved and normalized. Debara.K in 2002 proposed that the establishment to frame a jury depended on medieval path method s of battle where two gatherings contend their focuses to crown a hero. Jonakait (2008) presumed that by the eighteenth century, the lawful frameworks formed into a phase where legal advisors effectively partook in English criminal preliminaries making the lawful framework more â€Å"Adversary†. Incomprehensibly, inquisitorial framework was brought into the world just after the thirteenth century, because of mistrust upon the antagonistic framework. Basically, this framework was shaped by the French and afterward was on a level plane moved into hardly any more nations which at last become one of the two predominant legitimate frameworks on the planet (Johnson.Het al 2008). In this short investigation, English legitimate framework will be expounded in contrast with the Italian Legal framework. Before that, both antagonistic and inquisitorial frameworks will be discusse... ...what's more, Jones, M. (2008) History of criminal justice,4th ed. Waltham: Elsevier, p.67-70. Jonakait, R. (2008) The ascent of the American foe framework: America under the watchful eye of England, Widner Law audit, 14(1), p.656. Koppen, J. what's more, Penrod, S. (2003) Adversarial versus inquisitorial equity: mental viewpoint on criminal equity frameworks, USA: Springer, p.29. Malleson, K. (2007) the legitimate framework, New York: Oxford University press, p.11-14. Siegal, L. (2010) Criminology: The center, USA: Cengage learning, p.385-387. Silverman, J. also, Silverman, S. (2010) how the legal framework works, UK: A Discovery organization, p.27. Smith, S. also, Langan, B. (1992) Civil jury cases and decision in enormous nations, Burean of Justice insights, - (1), p.3-10. Divider, W. (2010) Forensic Science in courts: the job of the master observer, West Sussex: John Wiley and Sons, p.2-56.

Zero Plural Definition and Examples in English Grammar

Zero Plural Definition and Examples in English Grammar In sentence structure, the zero plural is aâ plural type of a tally thing that is indistinguishable from the solitary structure. Additionally called zero [or null] morpheme. In English,â zero plural stamping alludes to the nonattendance of the plural markers - s and - es. A few creature names (sheep, deer, cod) and certain nationalities (Japanese, Sioux, Taiwanese) take the zero plural in English. Models and Observations Here are a few models from popular works: This week the discussion is on a plan to let everybody fish a couple of cod only for food. (Imprint Kurlansky, Cod: A Biography Of The Fish That Changed The World. Walker Publishing, 1997)We crowd sheep, we drive cows, we lead individuals. Lead me, tail me, or escape my direction. - General George S. PattonIn English, plurals of things are regularly demonstrated by the closure â€s or â€es, or in a couple of cases by â€en, as in kids and bulls. Some vernacular assortments of English don't utilize plural endings in estimation expressions, for example, three mile and ten pound. This zero plural has a long history and was not previously as socially disparaged as it is today... In descriptive developments even Standard English has no â€s plural: a five-pound box of sweets is worthy, while a five-pounds box isn't. These descriptive word phrases get from a â€a postfix in Old English that stamped plural descriptors. This consummation has since a long time ago fallen away, dese rting the plain root structures. The nonattendance of â€s in the plural type of creature names (chasing for bear, a crowd of wild ox) presumably emerged by similarity with creatures like deer and sheep whose plurals have been plain since the soonest beginnings of the English language. (plural, The American Heritage Dictionary of the English Language, 2000 Im astonished of lobsters. Also, shrimp and lobsters are the cockroaches of the sea. - Brooke BurkeBluefin fish contain more significant levels of mercury than different types of fish since they live more and, similar to people, collect more mercury in their body tissues. (The New York Times, January 24, 2008) Zero Plurals With Numerals, Quantifiers, and Nouns of Measure [Zero plurals] incorporate the names of certain creatures, especially cod, deer, sheep; things meaning amount when they are premodified by a numeral or other quantifier and especially when they are joined to a thing head: 200 (individuals), three dozen (plants), a few thousand (dollars). The measure things foot (length unit), pound (unit of weight or of British cash), and stone (British weight unit) alternatively take zero plurals: six foot two, twenty pound, fifteen stone. (Sidney Greenbaum, Oxford English Grammar. Oxford University Press, 1996)His cap, I figure, gauged ten poundTo state the least, and Ill state, shore,His jacket gauged fifty more. (James Whitcomb Riley, Squire Hawkinss Story)I have known when he would have strolled ten mile brewing to see a decent defensive layer. (A lot of trouble about something that is not important, Act Two, scene 3 )The foggers and cooling fans were going to the max in Jims twin 500 foot-long chicken houses. (Baxter Black, Chicken House Attack . Horseshoes, Cowsocks Duckfeet. Crown Publishers, 2002)

Friday, August 21, 2020

Toward a Scotistic Modal Metaphysics :: Philosophy Philosophical Essays

Toward a Scotistic Modal Metaphysics Dynamic: The difficult I tackle in this paper is: Do we have in Scotus a modular rationale or a partner hypothesis? We have to take a somewhat indirect way to deal with this issue. This is on the grounds that, regardless of whether it be in Lewis' unique definition or in others' applications, the vital idea of 'partner' has never been plainly explained. In segment two, I will hence look at the ongoing discussion concerning Leibniz's perspectives on modalities which revolves around the partner connection. By completely misusing the exercises gained from such an assessment, I will at that point dispatch a trilemma against a Leibnizian in area three. Segment four will make the case that not at all like Leibniz's case, Scotus' position isn't jeopardized by the trilemma. One significant reason will be embraced from my proposal introduced somewhere else with respect to the distinctive between Scotus' haecceitas and Leibniz's individual quintessence. Another will be made sure about from a c oncise report on Scotus' perspectives on comparability, which may be completely unique to present day eyes embittered by contemporary set speculations. 1. The Problem: Scotistic Modal Logic versus Scotistic Counterpart Theory On account of the resurgence of enthusiasm for modalities in the twentieth century, the historical backdrop of modular rationale has been concentrated more broadly than any time in recent memory. One of the more significant exercises is that Scotus instead of Leibniz is the dad of the cutting edge origination of consistent chance. (1) Insofar as it isn't just chronicled interest however a trial of our instinct about modalities that we are keen on the forerunners of current modular rationale, we face the dire undertaking of recreating the Scotistic arrangement of modalities. Truth be told, Douglas C. Langston as of late brought up a fascinating issue concerning what direction of understanding potential universes Scotus may embrace: the partner see or the sanctioned view? In light of Ordinatio, Book I, d. 44, q. 1, n. 11, he presents two elective readings. At last, in any case, he decides on the partner perusing on the ground that it is increasingly steady with Scotus' comments on how God knows contingents. A significant result from the partner perusing is that people are world-headed for Scotus. (2) Yet Langston's understanding welcomes genuine analysis. As indicated by Simo Knuuttila, if the people in Scotus' model were world-bound, they would not have synchronic de re options, which isn't good with Scotus' change in obligational standards. Knuuttila further brings up that Scotus' notable teaching of human through and through freedom rejects the chance of world-bound people.

Tuesday, August 4, 2020

Guide to the 2017-18 Common Application Essay Prompts

Guide to the 2017-18 Common Application Essay Prompts The Common Application’s 2017-18 Essay Prompts: What You Need To Know The Common Application’s 2017-18 Essay Prompts: What You Need To Know Class of 2022 â€" it’s about that time. The first milestone in your college application journey has officially arrived. Today the Common Application released their 2017-18 essay prompts.  This reveal comes with a heaping helping of good news, most of which relates to the fact that the prompts have not changed all that much from last years selection. In addition, your options have expanded! We dont want to keep you in too much suspense, so before we break things down, here are the prompts with notes from the Common App about any changes from last years prompts  in  brackets: 1. Some students have a background, identity, interest, or talent that is so meaningful they believe their application would be incomplete without it. If this sounds like you, then please share your story. [No change] 2. The lessons we take from  obstacles we encounter  can be fundamental to later success. Recount a time when you faced a  challenge, setback, or failure. How did it affect you, and what did you learn from the experience? [Revised] 3. Reflect on a time when you  questioned  or challenged a belief or idea. What prompted your  thinking? What  was the outcome? [Revised] 4. Describe a problem youve solved or a problem youd like to solve. It can be an intellectual challenge, a research query, an ethical dilemma anything that is of personal importance, no matter the scale. Explain its significance to you and what steps you took or could be taken to identify a solution. [No change] 5. Discuss an accomplishment, event, or  realization  that  sparked a period of personal growth and a new understanding of yourself or others.  [Revised] 6.  Describe a topic, idea, or concept you find so engaging that it makes you lose all track of time. Why does it captivate you? What or who do you turn to when you want to learn more?  [New] 7.  Share an essay on any topic of your choice. It can be one youve already written, one that responds to a different prompt, or one of your own design.  [New] Now that you know what youre up against (not so bad, right?), here are three main things you need to know about the 2017-18 Common App essay prompts: There Are More Questions with Broader Boundaries: This year the Common App is offering students seven (yes, SEVEN!) prompt options. Many of this year’s prompts closely, if not exactly, reflect last year’s choices. Of the five prompts assigned to the 2016-2017 applicants, two questions are exactly the same  as last year and three have been adjusted slightly to reflect feedback from counselors and admissions officers in an attempt to open up the interpretation of the questions and give students more freedom. There are also two completely new prompts, including the return of the “topic of your choice” option we are certain this years students will be happy to see. 650 is the magic number: The  word limit for the personal statement remains at 650, which we love. We have found our students are able to tell a thoughtful and complete story within this space, and the Common App seems to continue to feel confident that the majority of applicants and admissions officers  are satisfied with this length. Be prepared to come at admissions with a little over a pages worth of self reflection and insight! The Stork Has Come Early: The Common Apps essay prompts have been delivered to us quite early in the year for this application cycle (thank you, Common App!). This means you can start wrapping your head around the prompts now, as opposed to over the summer or â€" gasp! â€" this coming September. We know it may feel overwhelming to begin sifting through essay prompts this early in the year, but trust us â€" preparation is the key to avoiding panic down the line. Read through these prompts and become familiar with what they’re asking. Take notes throughout the rest of your junior year as you recognize the themes popping up in your daily life, relationships and goals. You will be surprised how many scenarios and memories will illuminate that light bulb once you know what you’re looking for. Overall, we could not be more thrilled with the 2017-18 prompt options. While we still maintain our philosophy that the prompts don’t really matter (what matters is that you find the right story to tell), this expansion of prompt selection should serve to ignite students’ creativity and reinforce the idea that there are many ways to arrive at a successful personal statement. Be on the lookout for our comprehensive Guide to the 2017-18 Common App Essay Prompts, which will be released as soon as we can get our little elves to write it for us (luckily they take payment in leftover Superbowl nachos). In the meantime, take a peek at last year’s guide, which will undoubtedly prove useful, especially for the first five prompts. We’re here to support you on your college essay journey â€" so follow us on social media, check back with us frequently and get ready to  write  your  winning essay! Check out last years Guide to the  Common App’s 2016-17 Prompts. Get started  with our self-paced video guide to writing  a winning college essay! About CEA HQView all posts by CEA HQ »

Monday, June 22, 2020

Malaysia Airlines Announces Mutual Separation Scheme - Free Essay Example

MALAYSIA AIRLINES ANNOUNCES MUTUAL SEPARATION SCHEME TO RIGHTSIZE WORKFORCE Malaysia Airlines today announced the details of its Mutual Separation Scheme (MSS). This fast tracks the organisation’s intention to right size(downsize) its workforce a year ahead of the schedule outlined in its publicly announced 3-year Business Turnaround Plan. Malaysia Airlines will receive compensation from Penerbangan Malaysia Berhad (PMB) for the termination of the Agreement for Domestic Business Unbundling. Under the terms of the contract, Malaysia Airlines is required to be given 12 months’ notice, or be given compensation in the event of a termination. The cost of the MSS will be funded by the compensation. Since the MSS is a voluntary exercise, Malaysia Airlines expects the take-up rate from staff to be between 3,000 to 5,000. Over the past few weeks, Malaysia Airlines has had numerous discussions with employee unions and associations on the terms and conditions of the MSS. The MSS will be extended to all permanent and confirmed employees in Malaysia and locally recruited Malaysian staff posted overseas. 18,027 invitations will be sent today, Monday, 22 May 2006, to eligible employees who have till 7 June 2006, a period of 14 days, to make a decision. â€Å"We are committed to conducting this rightsizing exercise in the most compassionate way possible by working out terms and conditions which are attractive to our employees. We have also tasked key executives with ensuring that there are no service disruptions nor compromising safety and service quality. Throughout the exercise, we want to ensure that our customers’ needs are being taken care of†, said Idris Jala, Managing Director, Malaysia Airlines. Employees whose MSS applications have been approved, will receive payment based on their current monthly salary, ranging from 1 month to 3 months, for every year of service in the company, a one-off medical benefit payment of RM 2,000 per staff and annual leave buy-back on all unutilized staff leave In addition, hospitalization benefits for the staff, spouse and dependants will be provided for 12 months from the date of separation and one complimentary privilege travel air ticket for use by 31 Dec 2006. This is a Mutual Separation Scheme, where both the employee and employer have to agree. Once the employee has accepted, the respective Divisional Heads will then recommend if the staff can be released or otherwise. These recommendations will then be reviewed and decided by a Panel comprising key leaders in Malaysia Airlines. The Panel’s decision is final and will be communicated to staff within two weeks from the date of the decision. The company targets to complete the MSS by 31 July 2006. Throughout the MSS exercise, Malaysia Airlines will activate Help Desks in KL International Airport (KLIA) and Subang, including a toll-free Helpline from 0800 hours to 2400 hours to assist staff. To help employees who decide to accept the MSS, the company is in talks with various airlines on outplacement opportunities and the Ministry of Human Resources and external parties on advisory and counselling services. Concurrently, Malaysia Airlines is continuing its meetings with AirAsia to finalise the handing over of the non-trunk domestic routes as well as the Rural Air Services’ operations in time for the 1 August 2006 handover date. From 1 August 2006, Malaysia Airlines’ domestic services will take to the skies serving the trunk routes with a leaner outfit, namely 16 stations, 58% reduction in flight frequencies, 50% reduction in aircraft fleet and 28% reduction in seat capacity.

Saturday, May 23, 2020

A Problem for the Aviation Industry Essay - 1432 Words

Section 217: A Problem for the Aviation Industry On a cold February evening in 2009, just outside the city of Buffalo, New York, two pilots crashed a new aircraft on final approach to land into Buffalo Niagara International Airport. In an effort to prevent an accident of a similar nature from happening, the U.S. Congress passed H.R. 5900, the ‘Airline Safety and Federal Aviation Administration Extension Act.’ This bill under Title II was aimed to enhance airline safety and in part prevent an accident of this nature from occurring again (U.S. House 2010). Section 217 of the bill pushes the minimum hours required to act as a pilot on a regional carrier up to 1,500 total flight hours and requires those persons to do an extensive Air†¦show more content†¦Asia’s economy is booming and this has resulted in the growth of many startup carriers that offer tax-free salaries and free housing for pilots with less than 1500 hours – a very attractive opportunity. This may cause a potential migration of pilots that would lead to many U.S. airlines having planes but no one qualified to fly them. Further contributing to the shortage is that the cost to become a pilot is already expensive, causing low interest in the field; this law would make it even worse. By calculation, if a potential pilot were to start today, he would probably be facing a debt of between $50,000 and $80,000 just to receive the flight training required to gain 250 hours (Chatterjee). Added to this is the cost of attending a college with an accredited program. Potential pilots could be looking at paying well over $200,000 in loans to be able to fly. Before this law passed, pilots were assured that if they worked hard and passed through all the training received from college and flight school they would be able to become a pilot with one of the regional carriers and make a small salary while obtaining the required hours for one of the major carriers. 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WithRead MoreAviation Maintenance Trends1789 Words   |  7 PagesAviation MaitenanceTrends To fly was a tremendous triumph for mankind, who was previously sentenced to a life only walking the earth. Since the inception of the airplane, there has been aircraft maintenance. However, this industry has changed dramatically throughout the years and now involves highly innovative technologies and incredibly skilled technicians in order to best maintain the incredibly complex aircraft that fly in todays skies. Maintaining an aircraft is a harmonious blend betweenRead MoreEssay On Air Awareness1170 Words   |  5 Pagesis a large amount of research based on the use of the system and its benefits, although there is nothing in current research that shows the saturation of awareness in the aviation community. Some of the current research highlights the great benefits of the system, including the mass gathering of data to identify specific problems within the safety sector. Such as Cardosi, Falzarano, Han (2008) research based on ASRS reports, where they analyzed 386 reports from t he program database and gathered

Monday, May 18, 2020

Facebook And Social Networking Sites - 1532 Words

Mark Zuckerberg founded Facebook when he was 23 years old while he attended Harvard University. Zuckerberg went to Harvard to study psychology and while he went there he developed a number of social networking sites that allowed students to view other students with the same degree and others where users could rate people’s attractiveness. When Facebook was first launched in February of 2004 it was called â€Å"The Facebook†. 1,200 Harvard students signed up and had a Facebook profile within the first 24 hours it was launched and after a month half of the undergraduate students at Harvard had a profile (Phillips, Sarah, Brief History of Facebook). The network soon began to expand to other Ivy League schools and eventually to all U.S. universities. It became Facebook.com in 2005, shortly after U.S. High Schools could sign up and Facebook began to spread worldwide (Phillips, Sarah, Brief History of Facebook). In 2006 anyone with a registered email address could sign up and get a profile. Facebook is free to join, the site makes its profits from advertisements. The Facebook platform in 2007 was the first time a large company effectively opened their API and provided a new type of distribution, game playing and sharing with friends. In 2015 Facebook began with its new messenger platform. Messenger Platform lends itself well to turn-style games and media distribution, Giphy, HappyAlchemy and Apptly — something other platforms have had a hard time with (Schippers, Ben, FacebookShow MoreRelatedFacebook : A Social Networking Site857 Words   |  4 Pages  When one joins a social networking site, they basically sign their rights over to that site (Friends Without Boarders). Many people do not read the terms and conditions when making an account to begin with, so they never know what they are really getting into (Friends Without Boarders). For instance, did you know on Facebook when someone joins, it automatically allows Facebook to acc ess their information? They collect data from their members off of third party websites, so they can tailor the websiteRead MoreFacebook Is A Social Networking Site1467 Words   |  6 PagesFacebook is a social networking site (SNS) where people can communicate with one another, share photos and posts, and poke one another. Numerous studies have been conducted concerning Facebook, and an array of social and psychological theories have been used to study the SNS. When I was looking through my profile from over the years, I began to notice characteristics about me that I tried to present to my audience. Self-esteem issues were present in my profile, and the social comparison theory relatedRead MoreFacebook And Social Networking Sites Essay1619 Words   |  7 PagesNew media has been easily made available everywhere and Facebook in particular as one of the world most popular social networking site (SNS) can be made accessible from desktops, laptops, smartphones and tablet because of this, almost everybody can have access to Facebook anywhere they go. For the most reason, due to the introduction of new media, Facebook plays a key role communication and staying in touch with families, friends, acquaintances, businesses, groups meetings and a whole lot of othersRead MoreFacebook : A Social Networking Sites Essay2202 Words   |  9 PagesThrough its years of operation, Facebook has been able to evolve and remain as one of the most popular social networking sites ever created. Facebook’s purpose is for users to connect, share,†¯and communicate with each other across the†¯internet. The case explores the beginning of Facebook, in 2003, when Harvard student, Mark Zuckerberg first created an on-campus website called Facemash. The site would allow other students to rank the attractiveness of fellow students and quickly became the topic ofRead MoreFacebook : A Social Networking Sites At The Moment1661 Words   |  7 PagesIntroduction Facebook is one of the most famous social networking sites at the moment. It was launched in February 2004 and it is owned by Mark Zuckerberg and his Harvard college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The website at the start was only for Harvard students but it soon expanded to colleges in the Boston area, then the Ivy League and Stanford University. When the website first started it was called The Facebook but was laterRead MoreFacebook Is The World s Second Largest Social Networking Site1916 Words   |  8 Pages 1.0 Introduction In February 2004, Facebook was founded by Mark Zuckerberg and his college roommates while they studied at Harvard University. It is the world’s second largest social networking site and was originally known as â€Å"The Facebook† which was changed a couple of years later to facebook.com, which it is known as from today (2014). The site remains free to join and makes its profits through advertising revenue. (Phillips, S.2007) Facebook has adapted greatly over the last 10 years, itRead MoreDo Social Networking Sites Such as Facebook and Twitter Cause More Harm Than Good1017 Words   |  5 PagesDo social networking sites such as Facebook and Twitter cause more harm than good? As time changes almost everyone around the world spends time using internet instead watching television these days. They seek help from internet, communicate through internet, and play games online and many more. People starting from minor to adult, they all love to be in the very popular social networking sites such as â€Å"Facebook† and â€Å"Twitter†. Actually, theseRead MoreSocial Networking Sites Among People1130 Words   |  5 PagesContinuance intention of Facebook among people related to different aspects of user psychology. People with high self-esteem use Facebook for number of hours to enhance their social life. People who are narcissist by nature are prone to get addicted easily to social networking sites. People who are extravert spend more time on Facebook to enhance their social life. 2.0 Introduction Social networking sites help diversity of people of different culture to communicate with each other. In thisRead MoreEssay on Social Networking in Business1149 Words   |  5 PagesMike Swanstrom 3/29/2010 Social Networking In Business Introduction Social networking in business is the study of individuals interacting socially for business purposes. This can be done either electronically, or not electronically. Usually when social networking occurs electronically, it is achieved through network-based interfaces. Social networking is primarily focused around one thing: connections. One can utilize every social network that exists (Facebook, Twitter, etc.), but unlessRead MoreThe Use of Social Networking Sites1657 Words   |  7 PagesAdvantages, Abuses and Dangers. Their Advantages, Abuses and Dangers. The Use of Social Networking Sites The Use of Social Networking Sites Introduction: Human beings by and large are social. They feel an inherent need to connect and expand their connections. There is a deep rooted need among humans to share. In the past, due to geographical distances and economic concerns, connections between people were limited. A social network is made up of individuals that are connected to one another by a particular

Monday, May 11, 2020

Retail Market Example For Free - Free Essay Example

Sample details Pages: 14 Words: 4052 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? The purpose of this report was to analyse the clothing retail market in general and financial analysis of Next PLC and Debenhams PLC. Research for this report included financial analysis of Next PLC and Debenhams PLC based on the argument on Financial Performance, Financial Position, Corporate Governance and Corporate Social And Environmental Reporting. Concurrently an research of the share price are done to compare the market capitalization and later progress onto their worth and investment value. Don’t waste time! Our writers will create an original "Retail Market Example For Free" essay for you Create order Finally based on the findings, a way forward will be given in form of practicable and realistic recommendation to ascertain which investment will be most financially rewarding. Market Overview The UK clothing market which included women, men, children clothes, footwear as well as clothing accessories is a leading industry well known for key players like Burberry, Mulberry, Marks Spencer, Next and etc . As defined by Deutsche Bank in their recent report, is valued at  £26.9 billion. It is own a large part of the market value. (Jim Riley,2012. Market analysis- market share (introduction). https://www.tutor2u.net/business/marketing/market_analysis_marketshare_intro.asp Mar) For the past few years, the UK clothing market is declining. The industry is beset by competition from companies which have invested on machinery for efficiency or due to the large increase in low cost output from developing countries such as Peoples Republic of China (PRC). Consequently, some manufacturers have relocated overseas in order to compete with their overseas rivals but still some manufacturer remained in UK marketing themselves as traditional British manufacturers and producing high- qu ality clothes. However, growth has since been achieved, although the market will not reaching its full potential. The market currently still remains volatile for most of the competitors, which has resulted in many leading retailers entering administration. This will result in falling in sales for the firm and online retailers as most of the competitors have struggled financially over recent months. Analyzing the future of the clothing retailing market, sales are forecast by Keynote to increase continuously between 2012 and 2016, and are estimated to reach  £51.83bn in 2016. Growth may initially be influenced by London Olympics 2012, while thereafter sales will be maintained due to economic recovery. Chapter 2 2.1 Financial Performance A subjective measure of how well a firm can use assets from its primary mode of business and generate revenues. It is also used to measure the firms overall financial health from period to period and used to compare performance for same industry. (https://www.investopedia.com/terms/f/financialperformance.asp) For investor seeking investments opportunities, ratios are used to measure the company fundamental value and determine the target price of the company value. According to John Bajkowski (1999), ratios express mathematical relationship between two items. Ratios are important indicator of the company performance and financial situations, also is useful in comparison between 2 firm from period to period in the similar industries. This report will focus on the profitability ratios. As of Jan 13, apparel stores enjoy a net profit margin of 5.60% whereas the market requirement of 5.78% and the industry Return on shareholders funds (ROSF) is 15.87%. https://biz.yahoo.com/p/730c onameu.html Both net profit margin ratio and return on shareholders funds ratio dropping for the past few years for UK retailing industry. The industry is facing challenging due to decrease in purchasing power after the collapse of Lehman Brother in Sept 08 and the subsequent recession. UK retailers have focusing on cost reduction by reducing overheads, cutting office /store cost and finding cheaper sources. 2.2 Financial Position Investors have to look at its financial position to understand and value a company. According to IASB (2009), the elements directly related to the measurement of financial position are Assets a resource controlled by the entity as a result of past events and future economic benefits are expected to flow to the entity, Liabilities a present obligation arising from past events and the settlement will result an outflow from the entity and Equity the residual interest on the assets of the entity after deducting all its liabilities. Accordingly to John Ogilvie (2009), gearing ratio also known as leverage ratio, is used to express the relationship between fixed debt capital and shareholders funds, Its demonstrating the degree to which a firms activities are funded by owners fund versus creditors fund. A low gearing ratio indicates that the company is low risk of being liquidated and is financially stable. The challenge for the company is the determination of funding sources as in r eality, a company cannot expand its operation without having long term debt and creditor funding. William R.Lasher (2011), stated that ratio analysis involves pulling out data from financial statement and forming a ratio with them. Current ratio is a quicker way to indicate whether the company able to settle its bills during the next period, it is form by dividing current assets by current liabilities and must exceed 1.0. 2.3 Corporate Governance Corporate governance refers to a set of systems, principles and processes which provide the guidelines how a company can be controlled to fulfil its objective to benefit its board of directors, shareholders, management, employees, customers and society. (https://articles.economictimes.indiatimes.com) In UK, the requirements were supplement by the New Disclosure and Transparency Rules on Audit Committees and Corporate Governance Statements with effect for period commencing on or after 29 Jun 2008. The new disclosure included Leadership/Accountability, Remuneration and Relationship with shareholders. Ulrich Steger,Wolfgang Amann (2008), Corporate Governance appears in mid 1980 and defines as a clear structure regarding accountability, responsibility and transparency at the head of the company and defines the role of board and management. The report became compulsory for the company listed in UK in 1993. 2.4 Corporate Social and Environmental Reporting Corporate social and environmental reporting (CSR) is defines as operating a business in a manner that meet or exceeds the ethical, legal, commercial and public expectation that society has of business (Business for Social Responsibility (www bsr.org). CSR has become a strategic issue for retail companies, always involving huge amounts of money and investment resources and time. The importance of CSR is enhances among others by increasing consumer demand for integrity of companies (Osborn 2011) .Therefore ,companies that participate in CSR are generally evaluated more positively by consumers (Brown Dacin 1997). Samuel O.Idowu, Walter Leal Filho (2009) stated that CSR encompasses a variety of issue revolving around companies interaction with society including social activities, product safety, human rights, governance and environment activities. Its also review the reporting and the involvement of the profession in adoption of CSR. EC Newsdesk (2002) has encourages compani es to take responsibility for the society beyond the profit generating force with a more efficient communication on environment and social issues. According to M. Dijkman (2008), retail industry are participated in CSR worldwide. Most of the UK retailers have a policy on CSR and the common features included social inclusion, ethical trading, consumer awareness, waste reduction on packaging and health of staff and customer. CSR also encourages the industry to build a good rapport with the citizen in UK and the government regulation stated that the UK registered company should undertake CSR and its statements and internal audit will be conducted. Chapter 3 Company Performance 3.1 Next PLC The history of Next goes back to 1964 when it was founded by Joseph Hepworth in Leeds under the name of Gentlemans Tailors. Hepworth acquired the chain of Kendall Son Ltd in 1982 and Next was launched. The first Next shop opened on 12 February 1982. The store consisted of wide variety of moderately priced clothing for both stylish women and men. It is listed on the London stock Exchange and is a constituent of the FTSE 100 Index. In 1987, the group acquired Combined English Stores and the Grattan catalogue company. Extending first to introduce Next childrenswear and bought the youth brand Lipsy in 2008. Next launched its online shopping for United States in 2009 with express delivery. Currently, there are more than 500 stores in the UK and Ireland and around180 international stores mainly franchised stores around the world and a home shopping catalogue and website with around 2 million active customer and international websites serving approximately 50 countries. The grou p are extensively focused on providing customer satisfaction by improving and developing product ranges and constantly increase its customer base. The company also promised shareholders to increase earning per shares and achieved long term growth by managing gross and net profit margin with better product sourcing, continues cost control and managing the stock levels and working capital. https://en.wikipedia.org/wiki/Next_plc 3.1.1Financial Performance Next PLC, one of the UK largest clothing retailer by sales which occupied 6.3% of the market share (Deutsche Bank 2002) comparing to other market competitors in the retail industry. According to Sarah Shannon (2012), Next PLC take over Marks Spencer Group PLC as UKs largest clothing retailer by market value which increasing sales from its online Directory, giving it a market capitalization of 5.28 billion pounds. According Mike Easey (2009), a major contributing factor to Next PLC increasing its profit and customer base is successfully established a wider age range of womenswear, menswear, childrenswear, footwear, jewellery and watches. Its success eventually led to the development of mid price clothing, accessories and home products The company ROE and profitability margin ratios are show as below (extracted from FAME). Profitability ratio Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 ROE (%) 260.22 237.37 378.22 273.64 n.s Profit margin (%) 16.84 15.97 14.83 13.11 14.96 Nexts Profit margin ratio for Y2012 is 16.84%, which is comparatively higher than the industry and sector average of 5.78% and 5.6% respectively. This is mainly due the higher sales contribution. Next PLC reported a good increase in the profit margin ratio from Y2009 to Y2012 even the market is declining. Besides, higher VAT, lower consumer discretionary income, rising costs from energy and cotton prices affect the sales as well. However, based on the sales trend over the year, Next PLC UKs sales fall in Y2012 while profit margin still constantly increase on that year as the company has been focusing on the synergies to cut cost and streamline the company. Next Directory is showing good progress with strong growth and should be the main growth drivers in the future. (www.euroinvestor.com) The company Return of shareholder funds (ROSF) is reported as 260. 22% for Y2012, which is far higher that the industry average of 15.87%. ROSF measures a firms profitability by revealing how much profit a firm generates with the shareholders fund. The increase in company ROSF is contributed by the increase in sales on continuing business, operating profit, share repurchases scheme since Mach 2000 and a lower tax rate. 3.1.2 Financial Position Gearing ratio is a quantification of financial leverage, used to analyse a companys capital structure and thus assessing the companys financial position in the long run. As stated by Investopedia, the higher degree of a companys leverage indicates the company to be more risky. However, this level of gearing can be manger through certain financial activities. According to the annual report, the gearing ratio for Next Plc as follow (extracted from FAME). Next PLC Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 Gearing ratio (%) 386.93 343.00 603.97 659.99 n.s At the end of the Jan 2012, Next PLC has long term liabilities of 861.7m and equity of 222.7m which give a gearing ratio of 386.93%. The ratio would suggest that PLC has seriously over borrowed and is in imminent danger of collapse. However, the company is still trading and banks still lend the company money this is clearly stated that the bank is confident in its ability to reply. Therefore, other factors likes affordability of repayment, cash inflow etc to be considered as well. However, based on the ratio trend, the company is performed well in repaying its debt. 3.1.3 Corporate Governance Based on the new disclosure and transparency rules on audit committees and corporate governance statement effect from 29 Jun 2008, Next is compliance with the Corporate Governance framework and below was disclosed in its annual report. Leadership Reported board responsibilities but detail for director and activities of director is not disclosed. Remuneration Remuneration policy, board remuneration package and bonus scheme are clearly disclosed in the annual report. Relationship with the shareholders Nexts shareholder gather information from yearly annual/ half yearly report or trading statement from the companys website. 3.1.4 Corporate Social and Environmental Reporting According to the annual report published, corporate responsibility means addressing key business related social, ethical and environment impacts in a way that aims to bring value to its stakeholder, including the shareholders. The company believed that there is no conflict between the approach to corporate responsibility and good business practice. Next has setup a Corporate Responsibility (CR) forum of 15 senior managers and director representing key areas of the business, coordinated by a CR Manager. The forum identifies potential issues and opportunities and evaluates the success of Nexts response. Nexts commitment to CR matters is also recognized externally by continuing it membership of the FTSE4Good Index Series. Next focus the importance of health and safety at work and ensure the product do not harm customers, employee, contractors, site and equipment. For environment, the company achieve 5% electricity reduction and 9% reduction for fuel emissions from the transport ation of products compared to previous year. The Company support a wide range of charities and organization both in UK and overseas, raise fund through the sales of specific product where a donation from there is passed to charity. In addition, Next makes donation of surplus stocks to charities. 3.2 Debenhams PLC Debenhams PLC is an iconic British department store group which was establishes over 200 years in United Kingdom, Ireland and Denmark and franchise stores in other countries. The company was founded in the eighteenth century as a single store in London and has now grown to 165 stores in UK and Republic of Ireland and 60 international franchise stores in 23 countries. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The business was founded by Messrs Flint and Clark in 1778 in London and William Debenhams join as the partner in 1813 and the corporate name changed to Clarks and Debenhams and subsequently changed again to Debenhams Freebody in 1851 when Clement Freebody became a partner. The business was incorporated as Debenhams Limited in 1905 and acquired Browns of Chester (1976) and Burton Group (1985). Debenhams demerged in 1998 and was once again listed as a separate company on the London Stock Exchange. It expanded under the leader ship of Belinda Earl who was appointed CEO in 2000. A private consortium named Baroness Retail Limited acquired the company in late 2003 and it returned to a listing on the London Stock Exchange in 2006. Subsequently, Debenhams acquired the Danish department store group Magasin Du Nord (2009) and purchased the 115 Faith concession trading within its stores (2010) Debenhams has a strong presence in key product categories including womenswear, menswear, childrenswear, home health and beauty and offers its customer a unique and differentiated mix of exclusive own brands including private label, designers at Debenhams, and international brand. The company launched its first iPhone app in Oct 2010 that allows customers to shop the online range and scan product barcodes in store. It added apps for other types of phones in March 2011 and in September 2011 expanded to add apps for virtually all smartphones. https://en.wikipedia.org/wiki/Debenhams 3.2.1 Financial Performance Debenhams PLC is one of the major UK clothing retailer occupied 4% of the market share (Deutsche Bank 2002) comparing to other market competitors in the retail industry. According to Michael Saren (2006), Debenhams are developing a new Customer Relationship Management (CRM) programme to achieve its financial and strategic growth and establishing a long- term competitive advantage in the market by personalizing offers to customers. Debenhams decided to roll out SPSS technology in 2000 which enable the company to predict customer behaviour in order to target right people and at the right time. According to Don Hales, Derek Williams (2007), Debenhams wins a WOW! Award for the efficiency of a key team member providing excellent customer services. The company Return on shareholders fund (ROSF) and Profit margin ratios are show as below (extracted from FAME). Profitability ratio Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 ROSF (%) 23.95 24.3 27.79 28.4 84.52 Profit margin (%) 7.1 7.25 6.6 6.31 5.76 Debenhamss Profit margin ratio for Y2012 is 7.10% which is slightly higher than the industry and sector average of 5.78% and 5.6% respectively and reported a marginal increase of profit margin ratio from Y2009 to Y2011. This is mainly due the higher sales contribution. Debenhams PLC (LSE;DEB.L- news), the group stated that sales is rising in final quarter so will meet full year profit forecast and Michael Sharp, the chief executive, said We do not anticipate a significant change in the economic environment on the near future but we expect to continue to make progress in Y2013. The company Return of shareholder fund (ROSF) is reported as 23.95% for Y2012 which is far higher that the industry average of 15.87%. ROSF measures a corporations profitability by revealing how much profit a company generates with the shareholders fund. 3.2.2 Financial position Gearing ratio is significant to a company and the potential investors. It will affect the companys ability to maintain a consistent dividend policy during the operating period. Moreover, the gearing ratio reveals the suitability of capitalization of a company. Gearing ratio for Debenhams as follow (extracted from FAME). Debenhams PLC Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 Gearing ratio (%) 131.10 122.38 207.79 280.18 n.s As stated in annual report, Debenhams has long term liabilities of 866.6m and equity of 661m which give a gearing ratio of 131.1%. The ratio indicated that Debenhams PLC are over borrowed. As stated above, the gearing ratio is improving for the pass few years and the company have reduced the short term loans and overdrafts from 545.7m in Y2010 to 168.10m in Y2011 with managing it cash flow like negotiating with creditor for a better credit term. 3.2.3 Corporate Governance Based on the new disclosure and transparency rules on audit committees and corporate governance statement effect from 29 Jun 2008, Debenhams disclosed the Corporate Governance statement in it annual report. Leadership Clearly stated the detail of the board member, board responsibilities and activities of the director. Remuneration -Form a group of remuneration committees chaired by Dennis Millard to determine the remuneration package of the executive director and management, reviewing remuneration policy and overseeing the operation of the Companys share schemes. External advisors from Deloitte LLP act as independent advisors providing directors remuneration. Report clearly stated the policy, board remuneration package and bonus scheme. Relationship with shareholder -Formal trading updates are announce on six occasion of the year and regular conference calls with shareholders and analyst. 3.2.4 Corporate Social and Environmental Reporting The company described that Corporate Social Responsibility (CSR) as real and tangible actions. Their programmes affect all areas of the business from energy saving, fuel efficiency distribution, local community programmes and giving to charity. Debenhams are currently driving a store energy saving and have achieved the Energy Efficiency Accreditation awarded by the Energy Institute. Debenhams have also increase the fuel efficiency by nearly 15% and 100% recycled carrier bag are using in store. Debenhams sign a formal agreement with the Disable Rights Commission (DRC) to provide disable access to it retail store in UK, this is the first formal agreement sign by a major retailer since the introduction of the Part 3 of the Disability Discrimination Act (DDA) in Oct 2004. Debenhams have formed national partnerships with charitable organizations and registered the Debenhams foundation on 13 June 2012 and nearly 1000 staff done donation directly to charity from their salary via Deb enhams Give As You Earn scheme. The company has maintained a close relationship with suppliers to improve logistics planning helps to reduce operating expenses. And the company provided a safe and hygiene working environment for its employee and ensure the working hours are not excessive. (According to the annual report published) Chapter 4 Share price H. Kent Baker Gary Powell (2005), Financial goal of the firm is to maximize shareholder wealth as reflected in the market price of the stock. The objective of focusing on maximizing share price is mainly because stock price are highly observable measure that can be used to evaluate performance of public corporation and its take into account of present and future earning per share. Timing, duration, risk of the earning, dividend policy, news and other factors affecting stock price. The impact of positive news in the market will affected positively to the share price. Finally, stock price reflect the long run effects of decision made by the firm. George A. Fontanills (2005), stated that it is important to monitor the volume of the stock in trading to see is there a momentum increase or decrease in price. It is useful for us to make better trading decision. Trading volume is important when it is increase significantly. If the stock has a high trading volume and is found on the Pri ce Percentage Gainer and Losers list, this is a signal that the stock is making move. When the trading is low, the stock will likely go nowhere as interest in the stock is dwindling. https://uk.finance.yahoo.com/q?s=NXT.L For Next, although the market is declining, the company manage to increase its share price and its profitability. Nests sales will contribute by its popular online and directory business which offset the decline in retail like other competitors. The company is the only retailer with a policy of keeping all stores at full price until the boxing day. Simon Wolfson, chief executive of Next PLC reported a 3.9% rise in sales between Nov 1 and Dec 24. The company current ratio of 1.5:1 is acceptable which means the company have a positive working capital. The gearing ratio of 386.93%, showing that the company is risky but as mentions others factors to be considered as well. https://uk.finance.yahoo.com/q/bc?s=DEB.Lt=1yl=onz=lq=lc=NXT.L According to Rodney Hobson (2011), Debenhams sales in Y2007 are disappointing and there was a series of profit warning, this led to a decrease in the share price. Y2008 and Y2009 share price continue to fall even the company has announced plan to open more store but investors are worries over the debt pile. In Jun 2009 there is a debt burden of 925m. However the company were able to regain the share price in Y2010 after a reduction in debt. The share price has steady increase last year as sales are improving. Chapter 5- Conclusion From the analysis, both Next PLC and Debenhams PLC are major clothing retailer in UK operating in Gearing ratio (%) Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 Next PLC 386.93 343.00 603.97 659.99 n.s Debenhams PLC 131.10 122.38 207.79 280.18 n.s Profit Margin ratio (%) Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 Next PLC 16.84 15.97 14.83 13.11 14.96 Debenhams PLC 7.10 7.25 6.60 6.31 5.76 ROSF (%) Y 2012 Y 2011 Y 2010 Y 2009 Y 2008 Next PLC 260.22 237.37 378.22 273.64 n.s Debenhams PLC 23.95 24.30 27.79 28.40 84.52 Next PLC performs well based on the company profit margin ratio and return on shareholders funds ratio but unfortunately the gearing ratio indicated that the company is risky. Despite the gearing ratio showing that the company is over in its borrowing but the business still perform well which sales is increasing yearly and have been returning capital to its shareholders by share repurchase scheme as well as dividend to meet long term growth in earning per share. The stability of the firm is guaranteed. And the company current ratio of 1.5:1 is acceptable which menas the company have a positive working capital. Debenhams PLC performs relatively stable based on its profit margin ratio and return on shareholders funds ratio as both ratios are slightly higher compared to the industry and sector average. The company focus in charity, social and environment as well. However, the firm gearing ratio is higher and the current ratio are below 1 which means that the company has a negative working capital and unable to converted it assets to cash within one tear. From the share price analysis, both companys share price increase for the past two year. However, Debenhamss share price has been falling in the recently due to XXXXX. On the other hand, the share trading volume for Next is much higher then Debanhams, this showing there are many trader involved in the stock and it would be easier to find a trader. In this case, we would say that it is liquid. Most importantly, invertors should consider the performance prospects as this will result in dramatic fall in share price if the company not doing well. Therefore for an investor, they should invest on Next PLC as the company provides higher profit margin, earning per share (EPS) and share price is increasing recently.

Wednesday, May 6, 2020

Considerations for Teachers of Students with Bipolar Disorder

In order for a child to experience the best education possible, a teacher must take into consideration the student’s needs and abilities. For some students, they may face disabilities that may hinder their learning process. In order to provide these students an excellent academic environment, it is imperative for a teacher to appropriately handle the student’s disability. In the National Association of School Psychologists’ site, they provide resources in which provide teachers information of bipolar disorder in secondary students. On the NASP’s site, they define bipolar disorder and the common coexisting disorders. In the textbook, Exceptional Lives, it defines BD as a category of mood disorders in which the student experiences recurring†¦show more content†¦Family pyschoeducation provides guidance and information to families with a bipolar child. This has proven to decrease symptoms and increase knowledge and positive interactions. The results f rom the treatments will vary but information of available treatments and interventions are imperative for a teacher as he or she can provide the students a controlled educational environment. In response to students diagnosed with bipolar disorder, schools have provided various options educational services. The textbook states that collaboration is important to addressing the issue of a bipolar student. Collaboration includes the cooperation of the student’s family, school, and medical providers so that the student may receive the appropriate school intervention. The NASP sites states that these interventions include different levels of special education services, as well as specific classroom modifications and direct serves provided by school counselors and psychologist. The student has the option of attending general education, special education, or a combination of both. If the student has less-severe symptoms but shows to impact educational learning, he or she can benefi t from the IEP. School staff members should be aware of the student’s medication and its potential side effects. If a change occurs in the student’s performance or behavior, this information should beShow MoreRelatedThe Work Chosen Was â€Å"Silver Linings Playbook† By David1380 Words   |  6 PagesI have, which is Bipolar disorder. The movie portrayed a young man, Pat, coping with his challenges of this mental disorder. People with bipolar disorder, also known as borderline personality disorder go through intense emotional changes that are very different from their usual mood and behavior. These changes affect their lives on a day-to-day basis. Pat goes through many ups and downs as the movie progresses and shows how he copes with life. Testing for bipolar disorder is very difficultRead MoreThe Influence of Childhood Mental Disorders On the Quality of Public Education1037 Words   |  5 Pagescontemporary world to see a child with some sort of mental disorder. Fortunately, it is usually not as serious as schizophrenia or bipolar disorder, but nonetheless it is a great stress for both the kid, their family and people around them. According to the reports by the U. S. Surgeon General and the New Freedom Commission on Mental Health (2010), four million children and adolescents in this country suffer from a serious mental disorder that causes significant functional impairments at home, atRead MoreThe Educational Implications Of Adhd On School Aged Children1359 Words   |  6 Pages What are the Educational Implications of ADHD on school aged children? Jessica Jarreau ELSE 6023 Arkansas State University Attention Deficit Hyperactivity Disorder (ADHD) is one of the most prevalent disorders among school aged children. 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Creative genius is the ability to think unlike theRead MoreFinancial Expectations Essay1426 Words   |  6 PagesFinancial Considerations Costs When we started calculating the cost of college we split it up in two ways. If you want to stay in-state you only have to do one sheet, but if you want to go out of state you must include a community college or wue school. This was because if you spend 365 days living in another state you can be qualified to only pay resident tuition which is cheaper most times. The only exception we had was if the school did not have a difference between resident and nonresident tuitionRead More The Individuals with Disability Education Act Policy Essay example1602 Words   |  7 PagesEncyclopedia of Educational Psychology (2008) Once covered under an IEP, the students with disabilities are re-evaluated at least every three years and their IEP’s is reviewed when a change in place occurs. This is most often annually as they go from grade to grade. IDEA recognizes autism, deaf-blindness, deafness, emotional disturbance, hearing impairment, other health impairment (i.e., attention deficit hyperactivity disorder), specific learning disability, speech or language impairment, traumaticRead MoreWe Must Work to Prevent Suicide1908 Words   |  8 Pagesfeelings and all of the painful thoughts and memories going through their mind. This person probably feels intense sadness and maybe even betrayal. Do not forget the suicide victim’s parents. Their own child felt worthless enough to kill themselves. The students at the victim’s school have confusion, start rumors, and gossip. All of the victim’s friends feel as if the suicide happened because of them. Everyone feels as if they could have don e something to prevent this tragic event. Suicide is a social issueRead MorePublic Ownership Of Handguns Should Be Banned1500 Words   |  6 Pagesor the people, instead, it’s an agreement formed by accepting benefits from the government while they serve to protect us. Social Contract is very crucial in this debate, in affirmation to the resolution, because if it’s the government’s best consideration to alter our right of owning a weapon such as a handgun, we must accept this as it is. We must trust in the name of the law that it is for our protection; it is also the agreement we have made when walking on United State’s soil, becoming a citizenRead MoreDepression According to Cross-Cultural and Behavioural Perspective1991 Words   |  8 Pagesindividual to be affected on many levels, such as its usual needs which are to eat, to drink and to sleep, also the one feels about his self. Depression being a disorder is not a â€Å"passing blue mood†. I ndividuals affected by this disorder cannot get out of depression without proper and adequate medication. Indeed without a medication followed the disorder can lat for more than a year. Depression risk factors are: a person’s sex it is said in multiple studies that women are more likely to get depressed becauseRead MoreSuicide3873 Words   |  16 PagesIn 1996, more teenagers and young adults died of suicide than from cancer, heart disease, AIDS, birth defects, stroke, pneumonia and influenza, and chronic lung disease combined .In 1996, suicide was the second-leading cause of death among college students, the third-leading cause of death among those aged 15 to 24 years, and the fourth- leading cause of death among those aged 10 to 14 years. From 1980 to 1996, the rate of suicide among African-American males aged 15 to 19 years increased by 105 percent

Essay on the Nature of Trade in General’ Free Essays

In the excerpt from R. Cantillion ‘Essay on the Nature of Trade in General’ relationship between price and costs of production are being described and explained. Author emphasizes that price of a commodity is a ‘measure of the Land and Labour which enter into its Production’. We will write a custom essay sample on Essay on the Nature of Trade in General’ or any similar topic only for you Order Now In other words, price consists of labour and manufacturing costs and should reflect the quality of these two factors. In the excerpt, author makes some accurate assumptions. Firstly, he notices the difference in value of land and labour: ‘One Acre of Land produces more Corn or feeds more Sheep than another. The work of one Man is dearer than that of another’. I am interpreting land as the quality of materials to produce a commodity and consider only labour included in manufacturing. So the fertility of land (which is equal to the quality of the good, as the more fertile land is, the tastier, nicer and bigger fruits it will produce) and quality of labour should be included in the price. Author uses example with wool suite to illustrate his observations : ‘If the Wool of the one Acre is made into a suit of coarse Cloth and the Wool of the other into a suit of fine Cloth, as the latter will require more work and dearer workmanship it will be sometimes ten times dearer’. So the suit of fine cloth will be more expensive than the one from coarse cloth even thought the price of materials used for these suits are the same. It means that price difference of the costumes is determined by the price of labour. Fine cloth suit requires more skilled work and at the same time more expensive work. Skilled workers, with more knowledge are more efficient so their labour costs more. Same relationship between price and quality of materials exist: ‘the price of the Hay in a Field, on the spot, or a Wood which it is proposed to cut down, is fixed by the matter or produce of the Land, according to its goodness’. Author uses phrases such as ‘land fertility’ and ‘quality of the produce of the land’, but for simplicity, let’s assumes that it is the quality of materials used for production or the quality of the good itself it is a raw material. The price of billets is determined by the quality of timber, the price of hay is determined by the quality of the grass cut. In this case the difference between two identical piles of wood or two rolls of hay is determined by the quality of the materials. This given example proves that relationship between the price and quality of the materials do exists. Another accurate observation was made about the surplus and the shortage influence to the price. Author used an example with corns: ‘If the Farmers in a State sow more corn than usual†¦ gt; there are more sellers than buyers the Market Price of the Corn will necessarily fall below the intrinsic price or Value’. In other words, supply which is larger than demand will create a surplus, the price will decrease and will be below the equilibrium price. Same example with corns was used to illustrate the shortage: ‘Farmers sow less corn than is needed for consumption there will be more buyers than sellers and the Ma rket Price of corn will rise above its intrinsic value. ’ When demand is larger than supply, a shortage will occur, causing prices to go up. These processes were simply but accurately explained in the text. The author also noticed the government’s importance in economics. He explained how prices can be fixed: ‘the Magistrates of the City are able to fix the Market Prices of many things, like bread and meat†¦ ’. This is simply government’s policy of price floor which enables to keep the market prices above equilibrium price to protect the producers. Despite these accurate observations, inconsequence can be found. First of all, author does not consider all factors that influence the price. Costs of labour and materials are part of production costs but there are also price of the machinery needed for production, taxes, transportation costs and many more, according to the business. All these fixed and variable costs must be included in the price of the commodity. Profits were not considered as well but are very important as they can make up most of the price especially of brand name products. Prime cost of a designer handbag is far lower than its market price because it includes huge profits for the designer. So the main idea of the text is correct but there are still some places to be improved. In conclusion, the excerpt from R. Cantillion ‘Essay on the Nature of Trade in General’ includes quite a few accurate examples and observations about economy and more specifically about the relationship between the price and quality of materials and labour (in author’s terminology: ‘The Price and Intrinsic Value of a Thing in general is the measure of the Land and Labour which enter into its Production‘). Essay was written in the beginning of the XVIII century so the examples and terminology of the text are quite archaic. Time of publishing might also be the reason why essay include inconsistencies. How to cite Essay on the Nature of Trade in General’, Essay examples

Kafkas The Trial Kafka Trials Essay Example For Students

Kafkas The Trial Kafka Trials Essay Kafkas The Trial Kafkas The Trial follows a man, K. , as he is arrested and released for an unknown offense and attends a series of bizarre trials. He tries to comprehend and extricate himself from an outrageous course of events, which transpire suddenly in his life. K. is persecuted by this unimaginable court, which seems to hold a quasi-authoritative place in society. K.s life seems to spiral out of control while he and the reader struggle to understand what is going on. Kafka uses this piece to criticize bureaucracy, even in a seemingly democratic society. Kafka believes that bureaucracy is endangering the freedoms of the individual in modern society and that it is extremely detrimental to society in the long run. It is not readily identifiable what geographical location Kafka is referring to in The Trial. Based on the rest of the novels bizarre twists and turns it seems that Kafka did not want to nail down any concrete location to weight down his surrealist story. While there is no link with any known location (other than perhaps Kafkas hometown of Prague) the surroundings are modern and urban. In The Trial, K spends most of his time in various buildings with very little mention of any identifying characteristics. Kafka seems to center around middle class urbanites for the most part. Kafka tackles the evils of government and bureaucracy, concentrating on the social implications of these man made authorities on the individual. Reification seems to serve a pervasive role in Kafkas The Trial. Reification is when something abstract is given material worth by a society It seems that Kafka is questioning how the legal system has been given so much authority and power making it a material entity. In 1912, when Kafka penned The Trial, the rise of the republic was evident around Europe. There was a renewed emphasis on realism and rationale, which also makes an appearance in The Trial. When published, Kafkas novels evoked the hopelessness of individuals confronting a relentless, machinelike society in which they are minor cogs. As the threat of war swirled in Europe (World War I was just on the horizon), anti Semitism and nationalism surrounded Kafka. In the arts, the rise of modernity created a challenge to positivism that could not be silenced. The author of The Trial, Franz Kafka lead an interesting life which holds some parallels to his protagonist, K. Franz Kafka was born on July 3, 1883 in Prague, Bohemia to a middle class Jewish family. Kafkas father was a strong patriarchal force in his life, however he lived at home until around age 40. Kafka worked as an insurance salesman and wrote in his spare time although he saw it as a curse rather than embracing his talent. He always saw himself as a failure (according to his fathers standards) even though he earned himself a degree in law and would later become one of the most influential writers in the 20th century. It was only because of Kafkas friend that he came to become the one of the best writers of the 20th century. Kafka demanded that all of his manuscripts be destroyed after his death . However, his friend published his works posthumously and was the architect of Kafkas belated place in literary history. During his life, Kafka remained virtually unknown and spent a great deal of his life in sanatoriums for TB. Kafkas protagonist, K., seems to struggle with his emotions and unable to relate well to women throughout The Trial. It seems from what we know about Kafka that he struggled from these very same issues. It seems that Kafka is attacking the very same middle class attitudes and institutions, which his family participates in. Kafka seems to be attempting to reveal the evils of modernization and the rise of institutions throughout society. The Trial takes aim at the absurdities of the legal system, a system that Kafka must have been well acquainted during his legal studies. .u5077326c6c02cc700e070abfb0ab0c22 , .u5077326c6c02cc700e070abfb0ab0c22 .postImageUrl , .u5077326c6c02cc700e070abfb0ab0c22 .centered-text-area { min-height: 80px; position: relative; } .u5077326c6c02cc700e070abfb0ab0c22 , .u5077326c6c02cc700e070abfb0ab0c22:hover , .u5077326c6c02cc700e070abfb0ab0c22:visited , .u5077326c6c02cc700e070abfb0ab0c22:active { border:0!important; } .u5077326c6c02cc700e070abfb0ab0c22 .clearfix:after { content: ""; display: table; clear: both; } .u5077326c6c02cc700e070abfb0ab0c22 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u5077326c6c02cc700e070abfb0ab0c22:active , .u5077326c6c02cc700e070abfb0ab0c22:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5077326c6c02cc700e070abfb0ab0c22 .centered-text-area { width: 100%; position: relative ; } .u5077326c6c02cc700e070abfb0ab0c22 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5077326c6c02cc700e070abfb0ab0c22 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5077326c6c02cc700e070abfb0ab0c22 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u5077326c6c02cc700e070abfb0ab0c22:hover .ctaButton { background-color: #34495E!important; } .u5077326c6c02cc700e070abfb0ab0c22 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5077326c6c02cc700e070abfb0ab0c22 .u5077326c6c02cc700e070abfb0ab0c22-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5077326c6c02cc700e070abfb0ab0c22:after { content: ""; display: block; clear: both; } READ: Immigration Problem Essay Kafka seems to be extremely concerned about mans survival in the modern world and the loss of rights and freedoms that he will have to endure. Kafka seems to be

Thursday, April 30, 2020

The Servants of Twilight Essay Example For Students

The Servants of Twilight Essay I recently read a mystery novel called The Servants of Twilight by Dean R. Koontz. Joey Scavello, a six-year-old boy, is the main focus of the book. His mother, Christine Scavello, owns a gourmet shop in Newport Beach, California. Together, the two live in Costa Mesa, a city near Los Angeles. The Church of Twilight, headed by a supposedly psychic woman named Grace Spivey, is the main force against Joey Scavello. Charlie Harrison is a private detective who helps the Scavello family evade the clutches of the members of The Church of Twilight, who are called The Servants of Twilight. It begins on a sunny afternoon in 1985 in the parking lot of a Costa Mesa mall. Christine Scavello and her son are walking to their car when an old woman appears and begins to shout, He must die! toward Joey, and rants the phrase, Dont you know what he is? Later, they see the same woman outside a window at their house and then she calls them on the phone several times, again saying that Joey must die. It is then that they decide to hire a private investigator. They go to the office of Charlie Harrison and he immediately gives them two bodyguards and a man to keep watch on their house. A while after they get home, two men come with guns, invade the house, and kill the bodyguards. Joey and Christine manage to escape, but know they must go to another city to be safe. After much research, they find that the people following them are from The Church of Twilight, lead by the old woman who confronted them at the mall, Grace Spivey. Eventually, they travel with Charlie all the way from Los Angeles to the mountains of Sacramento, trying to get rid of the Twilighters. However, every time they stop in a city to rest, the Twilighters show up, again attempting to kill Joey. Grace Spivey uses her psychic powers to locate the boy. She believes that six-year old Joey is the antichrist and the son of the devil. She thinks he will rule the world for a thousand years if she does not kill him. The group ends up at Charlies cabin in the mountains near Sacramento and they believe they are safe from the ten members of the church following them. However, they are wrong, as Spivey and her followers show up for the final confrontation. It is snowing very heavily, but eventually, Christine and Charlie are able to kill all of the ten people following them, except one. Grace Spiveys closest follower, Kyle Barlowe, turns around to be on their side. Joey, Christine, and Charlie are all safe after their week- long trek to escape the demented Grace Spivey and her Twilighters. I related to Charlie the most because I agreed with his opinions and feelings, which were expressed very deeply in the book. He did not take any pleasure in killing the members of the Church of Twilight who were following the group, but did it strictly in defense of Joey and Christine, who he both came to love. I think it is wrong to kill someone out of anything but self-defense and it is even worse to take pride or pleasure in it. Also, he turned his life around after being brought up by abusive parents, and I believe it is very triumphant for someone to turn around and help others after such a horrible past. I would rate this novel as an eight and one-half because it was very suspenseful and had an intriguing plot. Although I do not think it is the best work of Dean Koontz, he clearly uses his rich writing skills and vivid imagination in this book. I would recommend this novel to anyone who enjoys mystery novels which involve the supernatural.