Monday, December 30, 2019
A Financial Analysis Of Spirit Airlines Essay - 981 Words
A FINANCIAL ANALYSIS OF SPIRIT AIRLINES WHY I CHOSE THIS COMPANY Founded in 1964, Spirit Airlines actually began operations in the trucking industry under the name ââ¬Å"Clippert Trucking Company,â⬠based in Michigan. In subsequent years the firm encountered many changes in name, headquarters, as well as shifted into different industries entirely. In 1983, the company branched out into the charter tour operating sector, as ââ¬Å"Charter One.â⬠Particularly, they provided tours to entertainment destinations such as Las Vegas, Atlantic City, and the islands to the southeast of Florida known as The Bahamas. Almost three decades later in 1992, the company officially changed its name to the ultra-low cost passenger carrier company we all know today as Spirit Airlines, which is based in Fort Lauderdale-Hollywood International Airport, under CEO Ben Baldanza. These series of changes in industry, in combination with the fact that I am an avid ââ¬Å"Spirit flyer,â⬠definitely sparked my interest in further investigating the financial stance of the company. PURPOSE The purpose of this study is to compare Spirit Airlines with American Airlines using the financial ratios of liquidity, activity, debt, profitability and the market, and to derive some concrete conclusions about the financial nature of Spirit Airlines. According to Spirit Airlinesââ¬â¢ Historic Stock Lookup (2015), from 2011 to 2014, the year-end stock prices increased by 79.4%, which is outstanding. Thus, Spirit Airlines will be used asShow MoreRelatedSpirit Airlines Essay1507 Words à |à 7 PagesEXECUTIVE SUMMARY Spirit Airlines (SAVE) is an ultra low-cost, low-fare based in Fort Lauderdale, Florida that provides affordable travel opportunities. The IPO for Sprit airlines was offered on June 11th, 2011. The price of the stock at the IPO date was of $12.00. According to NASDAQ.com, the money that was raised on the IPO was $187.2 million dollars, with 5 million dollars in expenses. After the underwriting cost eliminated they approximately raised171.0 million. After the IPO saleRead MoreFactors that Influence Strategy: Southeastern Jet Airways1665 Words à |à 7 PagesDecisions on Financial Results To illustrate the direct impact of business decisions on financial results, SEJA ended period 8 with a net income of $203,381, stock price of $36.45, 66% quality rating, 91.8% reliability, and $1,241,434 cumulative net income. Passengers pay for only transportation service from point ââ¬Å"Aâ⬠to point ââ¬Å"Bâ⬠which allows the organization to concentrate on its core competencies. Some experts in the industry are reporting that SEJA, the fastest growing regional airline, have theRead MoreConceptualizing a Business Bus/4751344 Words à |à 6 Pagesstrategic objective must be in place. This essay will discuss the descriptive analysis regarding the mission and vision of Southwest Airlines and it differentiate its organization from its competitors. Southwest Airlines values are, governed by their mission and vision statement, which is satisfying to our stakeholders, increased profitability, and differentiates from our competitors. Analysis Southwest Airlines business plan is to develop a stronger relationship with its customers by providingRead MoreThe Mission Of Southwest Airlines1009 Words à |à 5 PagesStatement The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit. We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Vision Statement At Southwest, we strive to be the new generation of flight transportation while providing luxury at a price anyone can afford. SOUTHWEST AIRLINE SWOT 1. Strength a. High QualityRead MoreThe Impact Of Outsourcing On The Airline Industry1291 Words à |à 6 PagesThis report is to provide an analysis of the effect of outsourcing in the airline industry. In the airlines, outsourcing is very common especially at small cities and international locations. It has its advantages and disadvantage. It helps to reduce costs such as payroll, benefits and any other related costs. Also, it has it disadvantage such as the quality of the work could be affected. I also will look into the process for an airline beginning to outsource a location (or stations) that was notRead MoreSouthwest Airline Strategic Analysis1382 Words à |à 6 PagesSouthwest Airline Strategy Implementation Executive Summary An analysis of Southwest Airlines strategic controls has been conducted in order to determine if these controls match, and or enhance, the companies design and strategy. The company structure, culture, and human resources have been taken into consideration. What was found, was that Southwest has a strong culture, which ties most of the strategies together. Supervisors and employees work side by side, which promotes trust and understandingRead MoreSouthwest Airlines Mission Statement Analysis1131 Words à |à 5 PagesMission Statement Analysis: Servant Leadership and Standard Leadership Models The mission statement is important for both companies. A mission statement tells a story of what the company stand for and how strong they feel about taking care of the customer. The purpose and drive how these two great successful companies. Southwest Airline company follow a practice servant leadership model versus Coca Cola who practices standard leadership model. Two big company share two different leadership modelsRead MoreSouthwest Airline Has Changed The Company Or Foreseeable Problems Essay1227 Words à |à 5 PagesIt seems if current CEO Gary Kelly continues the same path that Herb Kelleher put in motion that there should be no major setbacks to the company or foreseeable problems. Southwestââ¬â¢s Strategies Goals Met On October, 2016 Southwest Airline has scheduled flights to 98 destinations in 41 states, Puerto Rico, Mexico, Central American and the Caribbean. Southwest has done an ââ¬Å"Aâ⬠rated job of implementing and following the initial company strategy, and a phenomenal job of growing and sustaining throughRead MoreSouthwest Airlines Report982 Words à |à 4 PagesIntroduction: Southwest Airlines path towards earning the right to fly was a long and stressful process for everyone involved. However, the staffs ability to overcome all odds truly began the formation of Southwests distinct character, which makes the company so successful today. Founders Rollin King and Herb Kelleher who founded the company in 1967, among others were attacked by Texas airlines such as Braniff, and Continental, claiming the market was already saturated. After three years ofRead MoreBritish Airways: Analysis1861 Words à |à 7 PagesBritish Airways Stakeholder Analysis Introduction British Airline PLC (BA) is the largest international airline that operates out of the Heathrow airport in London. The company recently merged Iberia which was initially proposed in 2009 and was approved by the European Commission in 2010. A new organization was created known as International Airlines Group (IAG) which is the worlds third largest airline in regards to total revenue as well as the second largest airline group in Europe. British
Sunday, December 22, 2019
Use of Character Flaws and Literary Devices to Teach...
Use of Character Flaws and Literary Devices to Teach Morals in Oedipus Rex The Greek tragedy Oedipus Rex is an excellent example of how an author can use literary techniques and personality traits to teach a certain moral or theme. In Oedipus Rex, Sophocles communicates his themes and morals to the reader through the character flaws of Oedipus, a tragic hero. The most prominent character flaw that Oedipus possesses is his excessive arrogance. One way this flaw is displayed is Oedipus repeated use of the pronoun I. In lines sixty seven through eighty alone, Oedipus uses the word I eight times, projecting his haughty personality. I have found one helpful course, and that I have taken: I have sent Creonâ⬠¦to Delphiâ⬠¦Ã¢â¬ ¦show more contentâ⬠¦In this quote Oedipus mocks Teiresias because he is unwilling to except Teiresias view of the future. Oedipus is so egotistical and proud that he dares to suggest that he is superior to a high priest of Apollo. Another major character flaw that Oedipus holds is his inability to view a problem on more than one plane of thought. Every time Oedipus is confronted with a situation he makes a rash decision and assumes, because of his hubris, that he has made the best choice. These decisions, however, contribute to the ultimate fall of Oedipus. I found one helpful course, and that I have taken states Oedipus, displaying his characteristic of looking at a problem and considering only one solution (70-71). Oedipus seems solve problems with rash and close minded solutions. This can be seen when Oedipus, no matter what the consequences, insists on knowing his true origin even after Jocasta pleads him to stop questioning the messenger: For gods love, let us have no more questioning! Is your life nothing to you? (1005-1006). However base my birth, I must know about it. replies Oedipus (1024). Since Oedipus did not stop to consider what might be revealed in his past, he obtained all knowledge and fell from his high pedestal. When Oedipus was living in Corinth with his supposed parents a soothsayer told him that his destiny was to murder his father and marry his mother. Stricken with fear, Oedipus considered only one solution toShow MoreRelatedDeveloping Management Skills404131 Words à |à 1617 Pagespermission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, phot ocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458. Many of the designations by manufacturers and seller to distinguish their products
Saturday, December 14, 2019
Religion, Rituals, and Health Free Essays
Chapter 4 Religion, Rituals, and Health Overview of Chapter Topics â⬠¢ Introduction: Religion, spirituality, and ritual â⬠¢ Religion in the U. S. â⬠¢ Religion and health behaviors ââ¬â Effect of religion on health-related behaviors ââ¬â Religion and health outcomes ââ¬â Religion and medical decisions â⬠¢ Rituals in relation to health practices â⬠¢ Case Study: Cystic fibrosis in a Hasidic Jewish patient Religion, Spirituality, and Ritual â⬠¢ There is considerable overlap between religion and spirituality. We will write a custom essay sample on Religion, Rituals, and Health or any similar topic only for you Order Now Religion: a belief in and respect for a supernatural power or powers, which is regarded as creator and governor of the universe, and a personal or institutionalized system grounded in such a belief or worship â⬠¢ Spirituality: the life force within each of us, and it refers to an individualââ¬â¢s attempt to find meaning and purpose in life Religion, Spirituality, and Ritual â⬠¢ Religion is more associated with behaviors that can be quantified than the more inchoate term, spirituality. â⬠¢ Religion can be categorized by denomination, so there is more agreement about the meaning of the term, and it can be more easily quantified (i. . , place of worship) â⬠¢ Similar overlap exists between religion and ritual. ââ¬â Religion may include established rituals, but not all rituals are associated with a specific religion. ââ¬â Consequently, this chapter examines the relationship between ritual and health separately from the relationship between religion and health. Religion in the U. S. â⬠¢ In 1999, 95% of population in U. S. reported a belief in God or higher power. â⬠¢ In a 2005 study, 57% of those queried stated that religion is very important in their lives, while some 28% stated that it is fairly important. Since 1992, studies have found consistent rates of attendance at religious places of worship. â⬠¢ Religion and ethnicity may be loosely linked, but a personââ¬â¢s religious affiliation should not be assumed based on his/her ethnicity. Religion and Health Behaviors â⬠¢ Lifestyle is single most prominent influence over health today. â⬠¢ People with religious ties have been shown to follow healthier behavioral patterns than the nonreligious related to ââ¬â Wider networks of social support than does a strictly secular life ââ¬â Social networks are often key to coping with life stress so improved coping mechanisms ââ¬â Proscribed behaviors (i. . , no alcohol consumption or premarital sex) Religion and Heal th Behaviors â⬠¢ Dietary practices with possible effects on health ââ¬â Prohibition or restriction of consumption of animal products and beverages ââ¬â Fasting ââ¬â Prohibition or restriction of use of stimulants and depressants because of addictive properties â⬠¢ Some religions incorporate the use of stimulants or depressants into their ceremonies â⬠¢ Religious practice may correlate with positive health behaviors generally, as well as with reduced rates of depression and higher rates of marital stability Religion and Health Behaviors Religion thought to correlate to positive outcomes with respect to: ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â Hypertension Mortality/longevity Depression Suicide Promiscuous sexual behavior Drug and alcohol use Delinquency General feelings of well-being Hope/purpose/meaning in life Self-esteem Educational attainment Religion and Health Outcomes â⬠¢ Religion also can h arm health ââ¬â Sometimes used to justify hatred, aggression, and prejudice ââ¬â Can be judgmental, alienating, exclusive ââ¬â Can cause feeling of religious guilt or feeling of failure to meet religious expectations ââ¬â May restrict health care services because belief that health is in Godââ¬â¢s hands Religion and Medical Decisions â⬠¢ Beginning of life decisions ââ¬â Abortion: Opposed or strictly limited by many religions (i. e. , health of the mother is at risk if pregnancy continued; child would be born with a disability that will cause suffering; rape; incest) ââ¬â Birth control usage: Varying methods approved or strongly opposed by certain religions; some religions permit hormonal methods but not the methods that block or destroy sperm Religion and Medical Decisions â⬠¢ End of life decisions ââ¬â Religious belief may influence decisions to accept/reject optional treatments to prolong life at the end i. . , respirators, organ transplants, feeding tubes Religion and Medical Decisions â⬠¢ End of life decisions â⬠¢ Organ donation: perspective is changingââ¬â some now view it an act of compassion; related to belief in resurrection â⬠¢ Euthanasia: the act or practice of ending life of someone who is suffering from a terminal illness or incurable condition by lethal injection or suspension of medical treatment ââ¬â Opposed when viewed as murder or suicide or that it will damage karma (states that one must show respect for preservation of life) ââ¬â Some see as an act of compassion and concern for dignity Religion and Medical Decisions â⬠¢ End of life decisions â⬠¢ Use of advance directives for end of life care â⬠¢ Advanced directives are legal documents that enable a person to convey his or her decisions about care ahead of time â⬠¢ Include information about use of life-sustaining equipment, artificial hydration and nutrition (tube feeding), resuscitation, organ donation, comfort care â⬠¢ Concerns related to appointing one person as the decision maker in collectivists cultures, person undergoing needless suffering, and if you discuss it, it will happen Ritual in Relation to Health Practices â⬠¢ Ritual: a set of actions that usually are very structured and have symbolic meaning or value â⬠¢ May be performed on certain occasions, at regular intervals, or at discretion of individuals or communities; held in private or public â⬠¢ Tied to numerous activities and events i. e. , births, deaths, holidays, club meetings, etc. â⬠¢ Many rituals in health care settings i. . , being on time for appointments, how people are addressed, where patientââ¬â¢s sit Ritual in Relation to Health Practices â⬠¢ Objects as rituals (i. e. , amulets, bracelets, statues, crosses) â⬠¢ Importance of shrines in ritual activities (many are for health and healing) â⬠¢ Rituals involving animal sacrifice (done to build and maintain personal relationship with a spirit) â⬠¢ Birth rituals (i. e. food restrictions, silent birth, how placenta is discarded) â⬠¢ Death rituals (how and when the body is disposed of, prayer, dress, use of flowers) Summary â⬠¢ Religion and spirituality play a major role in peopleââ¬â¢s lives and in their health decisions and behaviors. â⬠¢ It has been shown to improve health, but also can contribute to health problems â⬠¢ Impacts medical decisions â⬠¢ Many rituals are related to health and some are tied to specific religions . How to cite Religion, Rituals, and Health, Essay examples
Thursday, December 5, 2019
Corporations Threat to Global Economies - Civil Societies and Environme
Question: Discuss about theCorporations Threat to Global Economies, Civil Societies and Environment. Answer: Introduction The argument of the academic commentators that neoliberalism is out of control and contributing to destruction and weakening of the global society in a variety of ways has the truth in itself to some extent. Neoliberalism ideology was defined by Korten (2002, p. 27) as a policy model that puts emphasis on the benefits of the free market competition. However, there have been conflicting definitions concerning the features of neoliberalism. Some scholars argue that neoliberalism is largely associated with the laissez-faire economics. Eun-Suk (2013, p. 167 noted that in the real sense neoliberalism is confined in the economic growth as the way of achieving human advancement. In support (Abbey, 2015, p. 472) advocated that neoliberalism provides confidence in the free markets because the allocation of resources requires the minimum intervention of the government in both social and economic affairs. In addition, it emphasizes on the freedom of capital movement and trade. The general definition of neoliberalism seems to originate from the ideology of Adams-smith in the 1770s when he argued that markets are controlled by the invisible forces, and thus there should be reduced state intervention(Eun-Suk, 2013, p. 165). On the other side, modern liberalism emerged and evolved from socio-liberal tradition. The social-liberal laid emphasis on elimination of aspects that had come into existence because of capitalism. Such aspects included ignorance, discrimination, disease, inequality and poverty. Even though, the neoliberalism ideology gave the organizations the freedom to operate in the market it has contributed to the both merits and demerits to the global economies, civil societies, and the environment. For comprehensive and extensive analysis of neoliberalism, this report tries to answer the question whether the power of the corporations is availing the threat to global economies, civil societies and environment. The earliest supporters of the neoliberalism argued that even though neoliberalism was good, there was a need to have minimum government intervention(Derber, 2008, p. 83). This argument leads this report to advocate that at sometimes the forces of the free market may deviate from taking the economy to the right direction hence calling for the intervention of the state. Therefore, the powerful nature of the organizations can be a threat to the world economy, society as well as the global environment. This is because they operate in with capitalistic ideology which entails amassing of wealth as an individual but not as a society or community. Their goal is profit, and thus they focus more on their objectives at the expense of the world economy, civil societies or environment (Anderson, et al., 2010, p. 49). Despite the benefits of the capitalistic nature, it comes out clearly that the powerful organizations may be a threat to the key components of the world. For example, the collapse of giant companies in the United States such as Enron and WorldCom had an enormous impact on both the national and world economy(Derber, 2008, p. 22). This is because of the billions of shareholders who suffered loss for the benefit of only a few selfish individuals. Therefore, this report holds that the organizations are too powerful and as a result, they have posed a threat to the global economies, civil societies, and the environment. Impacts of Corporations Power on Global Economies The fluctuations in the economy are key fundamentals in determining the nature of the markets(Derber, 2008). Similarly, the markets can determine the direction the economy will take. Therefore, it is non-arguably that the two aspects must work together. The organizations produce the products and services of which their amount of sales depend largely on the amount of money circulating in the economy. Additionally, the level of employment by the organizations will also be a subject of resources available within the economy. From this overview, it is well portrayed that the organizations are controlled by the forces of the economy. However, there are scenarios the powerful forces of the corporations might supersede those of the global economy. This means that the economy will not be able to control the organizations and in return, the world will experience the distortion of the global economy. The findings indicate that the corporations are the major influences of the todays people livelihood. According to Shah (2012) of the hundred global largest economies, fifty-one are corporations with only forty-nine being the countries. In support (Kercher, 2007, p. 7) observed that in the event of internationalization the less economically disadvantaged people were getting bitter at the intentions of the multinational corporations. This explained why there was ever increasing protest on the globalization of corporations. However, the organizations were able to overcome these challenges and have gone further to reclaim their influence in the global arena. The success of the corporations in the international economies may be attributed to various factors. First, it is evident that the corporations are the key basis of the economic growth. To conform to this ideology the world has provided the space for the organizations to operate with the notion that they will contribute to the sustainable economic growth and thus result in human progress. Secondly, the free markets without government interference will be fair and thus will lead to efficiency and social optimism in the allocation of resources. Thirdly, the supporters of the globalization of the corporations argued that it will be of benefit for all once the economy is globalized. Finally, if the government has no responsibility in regulating the economy, it should thus focus on providing critical resources such as infrastructure. This will facilitate the enhancement of property ownership by the individuals and the economies. From the analysis of the roles which should be played by the corporations to improve the state of the economy, it becomes out clear that the government has been locked out. As a result, the economy has been left in the hands of the corporations. Given the fact that the market forces are prone to changes and not predictable, the organizations have claimed the control of the world economy. This can be largely attributed to the fact the organizations exist maximize wealth for the shareholders and achieve their main target which is profit(Korten, 2002, p. 56). In return, this turned the world economy as a group of corporations rather than the union of the nations. Therefore, it is non-argumentative that powerful corporations have taken control of the world economy. How Corporations Influence Global Economies In many nations, the government has the key responsibility of regulating the economy. This is to ensure that the micro and macro elements of the economy are maintained at the acceptable levels. However, global corporations largely affect both national and local government policies. This has created a new way on how countries compete economically. The nations nowadays compete with each other basing on the level of multinational corporation investment. Again, the corporations have weakened the global economies by their monopoly powers either on the intellectual or technological property. Given their sizes and the power to control the economy, corporations are very influential on governments economic policies. The findings indicate that multinational corporations use the threat of withdrawing from the market to impact the government economic policies(Roach, 2007, p. 12). According to Vargas-Hernandez, et al. (2014, p. 448) corporations has led to global economic exploitation through for eign investment. It has been found that the global developing economies are the major victims of corporations power. For example, they have facilitated the movement of resources from the weak economies to the more strong and stable economies. This has led to the creation of imbalanced global economy. Therefore, it clearly comes out that the corporation's powers are a threat to the global economy. Impacts of Corporations on Civil Societies Corporations can commit a crime to the civil society. The findings have shown that corporations can contribute to more harm to the society than the individuals(Serafeim, 2014, p. 4). This is because they have access to huge resources such as highly qualified and competent lawyers, capital as well as monetary power. Alternatively, despite corporations having access to these resources they also enjoy reduced legal ramifications for the crimes they commit(Robert, et al., 2011, p. 118). Again, unethical corporations can pay the individuals to woe them to remain silent to cover up and avoid civil lawsuits. This report uses the case study of Toyota to expound on how the corporations can contribute to threats to the civil societies. Nearly, the end of 2009 Toyota Company declared to the federal government that the company had realized some fault on some of its manufactured vehicles. The company disclosed that in the millions of its manufactured cars some of them had malfunctioning acceleration pedal, famously referred to as sticky pedal by the media. The findings indicated that approximately four hundred people had been killed in road accidents and others injured because of the faulty pedal. Toyota Company agreed to compensate the victims of the malfunctioning pedal for 1.2 billion. This was to be paid in form of fines for the accidents caused and negligence in the manufacture of the cars. Among the four hundred lawsuits against the company eight of them were dealt with out of courts. This portrays how the corporations can be influential to the society to the extent of outwitting the individuals to hide their crimes. The Toyota scenario contributed to deaths, injuries, and pain both to the victims and the loved ones. Despite, the affected individuals and family ones of those who died being compensated this did not serve as the true indemnification to the victims(Douglas Fletcher, 2014). This means that the Toyota Company should have focused on manufacturing safe cars to prevent the tragedies associated with the road vehicles. Many argued and held that the compensation was not enough and thus the federal government should have focused on sending the company top executives to t jail. For example, in one of Washington post argued that the enormous compensation to the victims meant nothing provided that the company executives did not face the sentence(Douglas Fletcher, 2014). However, corporations are separate entity from those who run them and thus it would have been impossible to file a lawsuit against the company executives. This brings out how the corporations can cause harm to the civil societ y without total intervention by the government. From the analysis of the Toyota Company case study, it comes out clearly that, the mighty power of the corporations has continued to threaten and weaken the civil societies. Multinational corporations are too close to the civil societies than the individuals, and thus their impact is felt a bit more(Hunter Mahony, 2004, p. 8). Alternatively, they are endowed with the massive resources which can be used to compensate those who are affected by their operations. Bearing in mind the organizations are artificial persons with rights and obligations from the perspective of the law, they can commit a crime against the natural persons. The civil societies comprise of the natural persons, and thus they will be highly affected by the wrongdoings of the corporations when compared to wrongs committed by the fellow natural person. Corporations as Threats to the Natural Environment The term corporation refers to a legal entity, an artificial person created by law which is distinct from shareholders, stakeholders and any other people who own it (Olijnyk, 2016, p. 1). On the other hand, an environment about a corporation is described as the immediate surroundings of an organization plus the external and internal factors which affect its performance (Holden, 206, p. 37). However, in this case, the report shall discuss the natural environment and how it is affected by the corporations. Environmental degradation and deforestation refer to the process of deteriorating resources such as land, air and water and clearing vegetation and trees (Ahmed et al. 2015, p. 100).As corporations grow, they need to set up more premises and more branches. For example, Bhp Billiton and Rio Tinto which are mining companies, cause environmental threat since they tend to cut down vegetation so as to create more space to perform their activities. Excessive destruction of vegetation and degradation will lead to rugged landscape, excessive soil erosion as well as aridity and desertification in such areas. Pollution is also another effect being created by the corporations. This is the act of contaminating the environment with harmful or poisonous substances (Broome et al., p. 22). Most corporations cause a threat to the environment by emitting harmful gases into the air; others dump their wastes in rivers whose waters will be used by human beings, plants, and animals. For example, Dow Chemical Company in the United States is said to be one among other corporations which cause pollution. In 1984, there was a case concerning gas and chemical leakage which caused death and injury to many Indians. It was referred to as the Bhopal disaster. Over exploitation of natural resources is another effect that arises when corporations use too many non-renewable resources than they are supposed to use (Moran, 2014 p. 48). Agriculture firms may use much water for irrigation purposes. The people depending on such water in the lower stages of that river may experience a decline in the water supply. It also happens in lakes and rivers when fish firms overfish. Loss of fish in waters will cause an adverse effect on the marine biodiversity by destroying fish habitats and disrupting food chain and ecology. Bio-technical corporations have also been the forefront in destruction the global physical environment (Moran, 2014 p. 59). They are companies which manufacture products containing chemical substances. For example, pesticides, insecticides, and fungicides. They are made to kill particular living organisms. If not properly used, they may reach undesired targets and cause harm, and there may be a threat to the environment. Such products can result in poisoning of human beings and animals. Most scientists encourage other ways of eliminating insects, weeds, and pests by using scientific methods such as trapping them or using genetic resistance other than pesticides. However, despite the corporations being a threat to the environment, some have engaged in the effective methods of ensuring environmental conservation. Corporations pay for the environmental destruction through corporate social responsibility (Tam, 2016). Currently, companies are embracing the social responsibility by participating in developing and improving the environment. For example, Firms such as The Walt Disney Company have a higher reputation in social responsibility(Anderson, et al., 2010, p. 37). Most of them are responsible for their wastes, they have waste disposal channels and make sure that any waste products and gases produced are non-toxic. Corporations are also involved in volunteer work to the community especially in constructing gabions and bridges for preventing soil erosion. Not only does this shape the corporations name to the public, but also helps in preserving the environment. Making environmental friendly products is a strategy that business organizations should adopt in ensuring safety of the environment (Tam, 2016). For example, diesel and petrol companies can manufacture low-Sulphur diesel which when smoke is emitted to the atmosphere does not pollute the air that living organisms use. Alternatively, electrical appliances can be made to consume less energy, produce less noise and heat. In such a way, the corporation will have improved the environment. Another strategy that should be adopted is innovation of low-carbon solutions. Most corporations are acknowledged for the production of low-carbon products. In the U.K, the enterprises have established Carbon Capture and Storage (CCS) to curb carbon emissions to the atmosphere which are affecting its climate. They have advocated for the use of hydrogen power and provided education to schools, hospitals and the public on reducing carbon emission to prevent global warming. Planting rainforests and reduced paper waste is another way of environmental conservation measure. Greening Australia is a non-profit corporation which is dedicated to planting trees in Australia to restore the native vegetation (Auld et al. p.3).This reduces deforestation in the US and helps in the environment to regain its lost forests in the Amazon area. Firms are recycling used paper instead of dumping them. Similarly, more corporations use soft copy data through technological devices. This prevents cutting down of trees. Use of green renewable energy renders the environment safe for living organisms (Holden, 2016 p. 9). It involves the use of renewable energy-generating sources such as wind turbines and biogas. In the United States of America, corporations such as Pearson and Mohawk are operating on the green energy. This source of energy is environmental friendly for it does not emit smoke and other gases to the air. Using green energy does not only show awareness on environmental issues, but it also saves the business organization from paying more taxes to the government. Businesses in remote areas are encouraged to use this type of energy in performing its operations. Conclusion As discussed throughout this report, corporations affect global economies, civil societies, and natural environment both positively and negatively. In some ways, they cause threat and in other ways they are friendly to it. For example, corporations ensure that the global is favorable for the flourish of business activities. Again, they empower the civil societies through engaging in environmental conversation measures. However, the participation in the corporate social responsibility has come as the result of government intervention on creating awareness about the environment. Therefore, most organizations are now participating in activities which are helpful to restore the lost beauty of the environment. Even though the corporations have positively impacted global economies, civil societies, and the environment recently, they seem to weaken and contribute threats to these critical aspects. References Abbey, R., 2015. Is Liberalism Now an Essentially Contested Concept?. New Political Science, 4(27), pp. 461-480. Ahmed, K., Shahbaz, M., Qasim, A. and Long, W., 2015. The linkages between deforestation, energy and growth for environmental degradation in Pakistan. Ecological Indicators, 49, pp.95-103. Anderson, Sarah John, C., 2010. Top 200: The Rise of Corporate Global Power. 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Kercher, K., 2007. Corporate Social Responsibility: Impact of globalization and international business. Corporate Governance eJournal, 4(12), pp. 1-12. Korten, D. C., 2002. When Corporations Rule the World. Kumarian Press, Inc., Bloomfield, CT and Berrett-Koehler Publishers, Inc: San Francisco. Moran, T.H., 2014. Multinational corporations and the politics of dependence: Copper in Chile. Princeton University Press. Olijnyk, A., 2015. Case Note: The Corporations Power in Williams (No 2). University of Western Australia Law Review, 39(418), pp.2016-01. Roach, B., 2007. Corporate Power in a Global Economy, Medford: Tufts University . Robert , G.. E., Michael , K. George, . S., 2011. Market Interest in Nonfinancial Information.. Journal of Applied Corporate Finance, 23(4), pp. 113-127. Serafeim, G., 2014. The Role of the Corporation in Society: An Alternative View and Opportunities for Future Research , s.l.: Harvard Business School . Shah, A., 2012. The Rise of Corporations. [Online] Available at: https://www.globalissues.org/article/234/the-rise-of-corporations [Accessed 7 October 2016]. Tam, L., 2016. Corporate social responsibility (CSR) services: What are public relations agencies selling? Vargas-Hernandez, J. G., Sandoval-Valencia, M. Lpez-Morales, J. S., 2014. The Power of Multinational Companies in a Global World The Focus of Corporate Governance and its Impact on Business Ethics. International Review of Business Management Research, 3(1), pp. 444-453.
Thursday, November 28, 2019
Into The Time Warp The Rocky Horror Picture Show As An Enduring Pop E
Into The ?Time Warp?: The Rocky Horror Picture Show As An Enduring Pop Cult Classic For years, with its phenomenal success as a midnight movie, The Rocky Horror Picture Show has made ?don't dream it, be it? the motto for its ever-growing cult audience. The film continues to be regarded by critics and audiences as the only no-holds-barred, ultimate theatre experience, which has seemingly drawn a repeat audience of cult film followers year after year. More than just a movie, The Rocky Horror Picture Show (RHPS) has become a community, a loud, profane, exuberant collection of cult film freaks freaks: the beautiful, the creative, the lovers and the lost. Despite its first success as a play and then initial failure when produced as a mainstream film, RHPS has become a successful paradigmatic cult classic due to its strange and unusual theatrical exhibition and the film's blend of thematic, visual and verbal elements, which parody accepted societal conventions. According to the RHPS Anniversary Commentary, a young actor by the name of Richard O'Brien originally wrote RHPS's musical predecessor, The Rocky Horror Show. After performing small roles in the films Carry On Cowboy and Casino Royale, O'Brien landed roles in the musicals Hair and Jesus Christ Superstar, and made one disastrous yet fateful performance in each. Although he did not succeed in either of the shows, O'Brien had the opportunity to present his rock musical entitled ?They Came From Denton High? to Jesus Christ Superstar's director Jim Sharman. Through Sharman, a solo acoustic tape of O'Brien singing the future RHPS opener ?Science Fiction, Double Feature,? came across the desk of independent theater producer Michael White. White became fascinated with the tape and story concept, and agreed to sponsor the production as a small experimental stage production at London's Royal Court Theatre Upstairs. O'Brien spent countless hours in movie houses watching the tasteless thrillers which would later inspire him to write The Rocky Horror Show. The play was based on a combination of ?grade B Horror movies, Steve Reeves muscle flicks and fifties rock 'n' roll. It starred O'Brien as a maniacal handyman named Riff-Raff, and another Hair alumnus, Tim Curry, in the leading role as Dr. Frank N. Furter, the kinky scientist who creates ?Rocky Horror', his personal Adonis? (The Rocky Horror Picture Show Anniversary Commentary). The play ran for many months and was warmly received by both critics and audiences. However, the RHPS Anniversary Commentary adds, when American producer and entrepreneur Lou Adler was brought to a performance, the show ?took a dramatic leap as a production.? Adler was immediately impressed with The Rocky Horror Show. Within two days, Adler had arranged with Michael White to obtain the rights to the show. On March 24th, 1974 (only nine months after opening in London), The Rocky Horror Show made its American debut at Adler's Roxy Theater on the infamous Sunset Strip in Hollywood. The show played to sold-out audiences for the duration of its nine-month run, with Tim Curry reprising his astounding leading performance. As a result of the show's theatrical success at the Roxy Theater, 20th Century Fox posed a deal to create a film based on the play, thus renaming it The Rocky Horror Picture Show (The Rocky Horror Picture Show Anniversary Commentary). The entire film was shot over the course of eight weeks in England and cost a little less than one million dollars to make. However, with the exception of a little business in Los Angeles, the reaction to the release of RHPS in 1975 was extremely unresponsive. According to the RHPS Anniversary Commentary, the film's flop was attributed to being poorly distributed and unenthusiastically promoted, and it received very few reviews outside of film publications. It was not until a few years later that RHPS hit the midnight circuit scene and once again became popular, but this time as an enduring cult classic. ?Shown every Friday and Saturday night in some 200 theaters ever since, it has been seen by more people each year? (Siegel 305). The film has become a weekly staple for avid Rocky Horror devotees and has joined the ranks as a spirited cult celebration and long-term cinematic attachment, an achievement that it never set out to accomplish. According to critics,
Monday, November 25, 2019
Statistics on ACT Math Strategies for Mean, Medium, Mode
Statistics on ACT Math Strategies for Mean, Medium, Mode SAT / ACT Prep Online Guides and Tips Statistics questions on the ACT are often simpler than the statistics questions you have seen in class. Most all of the statistics questions on the ACT boil down to finding or manipulating means, medians, and modes of a set of numbers. If you are already familiar with these terms, you will have a good head-start on these types of problems. But even if you aren't familiar with these terms, most of ACT stats questions require that you understand and apply just a few key concepts (all of which we will go through in this guide). This will be your complete guide to ACT means, medians, and modes- what they mean, how you'll see them on the test, and how to solve even the most complicated of ACT statistics questions. What is a Mean, Median, or Mode? Before we look at how to solve these kinds of problems, let's define our terms: A mean is the statistical average of a group of numbers. In order to find the mean, we must add up the sum of the numbers in our set and then divide that sum by the amount of numbers in the set. (Note: on the ACT, the question will almost always use the word "average" instead of "mean.") What is the average speed of six runners if their race times were, in seconds: 85, 67, 88, 75, 91, and 80? To find the average (mean), we must find the sum of all the numbers and then divide that number by the total amount, which in this case is 6. $(85 + 67 + 88 + 75 + 91 + 80)/6$ $486/6$ $81$ The mean (average) race time is 81 seconds. The median is the number directly in the middle of a set of numbers, after they have been arranged in numerical order. (Note: the number will be halfway into the set, but is NOT necessarily the mid-value between the largest and smallest number.) For example, take a set of numbers {14, 15, 23, 37, 213}, the median would be 23, as it is in the middle of the set. This is true, despite the fact that 23 is NOT halfway between 14 and 213. If your set has an even amount of numbers, then you must take the mean (average) of both the numbers in the middle. Find the median value of the set of numbers {10, 2, 34, 47, 17, 8}. First, arrange the numbers in order from least to greatest. 2, 8, 10, 17, 34, 47 We have an even number of terms in our set, so we must take the average of the two middle terms. $(10 + 17)/2$ $27/2$ $13.5$ Our median is 13.5 The mode is the number or numbers in a set that repeat(s) most frequently. In the set of numbers {4, 6, 6, 4, 3, 6, 12}, our mode is 6. Even though the number 4 occurred twice, the number 6 occurred three times and is thus our most frequently appearing number. If each number in your set occurs only once, there is no mode. In the set of numbers {3, 11, 7, 23, 19}, there is no mode, since no number repeats. If multiple numbers in a set repeat the same number of times, your set will have more than one mode. In the set {4, 11, 11, 11, 13, 21, 23, 23, 23, 43, 43, 43}, we have three modes- 11, 23, and 43. All three numbers occur exactly three times and no other numbers occur more frequently, which means that we have multiple modes. The more you get used to statistics questions, the more quickly you'll be able to spot your answers. Typical Mean, Median, and Mode Questions Mean, median, and mode questions are fairly simple once you get the hang of how they work. Because these types of questions will appear 1 to 2 times on the test, you will see them in a variety of different forms. But always keep in mind that, no matter how unusual they look, mean, median, and mode questions will always break down to the concepts we outlined above in their definitions. For mean questions, there will be two types- weighted and unweighted averages. Unweighted averages are by far the most common, but you'll need to know how to tackle both. Unweighted Average Unweighted average questions are solved exactly how we found our means above. We simply find the sum of our set and divide this number by the amount of numbers in the set. The monthly fees for single rooms at 5 colleges are $\$ 370$, $\$ 310$, $\$ 340$ 380$, and $\$ 310$, respectively. What is the mean of these monthly fees? F. $\$ 310$G. $\$ 340$H. $\$ 342$J. $\$ 350$K. $\$ 380$ We must find the sum of our terms and divide by the amount of terms (in this case 5). $(370 + 310 + 380 + 340 + 310)/5$ $1710/5$ $342$ We have found our mean. Our final answer is H, 342. Weighted Average A weighted average, on the other hand, puts more emphasis on (gives more "weight" to) some numbers more than others. When this is the case, you must multiply each number in the set by its weight and then add their sums and divide as normal. Let us look at this process in action: In Karen's math class, the final class grade is determined by a combination of quizzes, homework, and test scores. Quizzes make up 30% of the final grade, homework accounts for 25% of the final grade, and test scores account for 45% of the final grade. Each assignment/test has a potential score of 100 points. Karen received a 92 and an 83 on her two quizzes, scores of 100 on her three homework assignments, and test scores of 78, 89, and 98. What is Karen's final grade in the class? First, we must find the average of each type of assignment as normal and then multiply that average by the weight allotted to the assignment. So, to find the number of total points she earns from her quizzes, we would say: $(92 + 83)/2$ $175/2$ $87.5$ She earned an average of 87.5 on her quizzes, but now we must multiply it by the percentage allotted to the quiz scores in terms of her overall grade (the weight). $(87.5)(0.3)$ $26.25$ Her quiz score will contribute 26.25 points towards her overall score. Now let us do the same for her homework. $(100 + 100 + 100)/3$ $300/3$ $100$ The homework is weighted as 25% of the grade, so we must multiply the average by its weight. $(100)(0.25)$ $25$ And again for her test scores. $(78 + 89 + 98)/3$ $265/3$ $88.33$ And again, we must multiply this average by the allotted weight. $(88.33)(0.45)$ $39.75$ Now, simply add them all together to find her final score. $26.25 + 25 + 39.75$ $91$ Karen's final grade in the class will be a 91. Now that we've seen our different types of mean questions, let's look at the other types of statistics questions on the ACT. Most all the statistics questions you'll see on the ACT will be on means/averages, but a few will involve medians. These are generally straightforward, so long as you understand how to find your median. What is the median of the following 7 scores? 42, 67, 33, 79, 33, 79, 21 A. 42B. 52C. 54.5D. 56E. 79 First, let us, as always, put our numbers in ascending order. 21, 33, 33, 42, 67, 79, 89 Since we have a set of 7 numbers, there is a number exactly in the middle of our set. Now that we've put them in order, we can see that the middle number is 42. Our final answer is A, 42. And lastly, mode questions very rarely show up on the ACT. You should still know what a "mode" means in case you do see a mode question on the test, but odds are you'll only be asked to find means and/or medians. Though the questions may appear different, just remember that they are all variations on the same few concepts. How to Solve Mean, Median, and Mode Questions Since you will see these questions multiple time on any given test, it can be easy to rush through them and/or underestimate them. But as you go through your test, remember to keep these ACT math tips in mind: #1: Always (always!) pay attention to exactly what the question is asking You will be asked to find means/averages the majority of the time, so it can become second nature to immediately start finding a mean when you come across an m-word in a math problem. It may seem obvious right now, but the pulse of a ticking clock and the adrenaline in your veins during the test-taking process can make it so that you misread the words in a math question, and try to find the mean instead of the median (or even vice versa). The test makers know how easy it is for people to make these kinds of errors and will provide bait answers to tempt anyone who makes a mistake. Always double-check that you are answering precisely the right question before you start solving the problem (and especially before bubbling in your answer!). #2: Write It Out Take the time to rearrange your set of numbers in order when dealing with medians and modes, and make sure you write out your equations when dealing with means. It can be tempting to solve problems like these in your head, but a single misplaced digit will give you a wrong answer. In order to avoid losing points to careless errors, always take a moment to write out your problem. It will not take as long as you think it will to reorganize your values and it will almost always lead you (quickly) to the right answer. #3: Use PIA/PIN When Necessary If you find yourself stuck on a problem and have some extra time to spare, don't hesitate to use your fallback strategies of plugging in answers or plugging in numbers where applicable. Always keep in mind that it will often take you a little longer to solve a problem using these techniques, but doing so will almost always lead you to the right answer. Practice and technique are required to master any skill, be it statistics questions or silly walks. Test Your Knowledge And now, let's put your knowledge of statistics to the test against real ACT math problems. 1. Tom has taken 5 of the 8 equally weighted tests in his U.S. History class this semester, and he has an average score of exactly 78.0 points. How many points does he need to earn on the 6th test to bring his average score up to exactly 80.0 points? A. 90B. 88C. 82D. 80E. 79 2. 3. What is the difference between the mean and the median of the set {3, 8, 10, 15}? A. 0B. 1C. 4D. 9E. 12 4. To increase the mean of 4 numbers by 2, how much would the sum of the 4 numbers have to increase? F. 2G. 4H. 6J. 8K. 16 Answers: A, B, A, J Answer Explanations: 1. In order to find out how much we need to increase our sum, we first need to find our original sum. Let us represent the original sum with the variable $x$ and use our mean equation to find it. $x/5 = 78$ $x = 390$ Let us use this original sum for our new mean equation with the set of 6 terms. We will represent the missing value with $y$ and set our equation to the needed 80 points. $(390 + y)/6 = 80$ $390 + y = 480$ $y = 90$ We have found the amount necessary to increase our sum in order to get an average of 90 with 6 terms. Our final answer is A, 90. 2. We are told that there are 43 soccer games, so we must find the percentage of each match and multiply this figure by the number of goals per match. For instance, there are 4 matches in which there were 0 goals. Which would give us: $(0)(4/43)$ $(0)(0.093)$ $0$ Now, we need to do the same for all the matches and add them together. $0 + (10/43)(1) + (5/43)(2) + (9/43)(3) + (7/43)(4) + (5/43)(5) + (1/43)(6) + (2/43)(7)$ $0.2325 + 0.2326 + 0.6279 + 0.6512 + 0.5814 + 0.1395 + 0.3256$ $2.79$ Finally, we need to round this number to the nearest 0.1, as we were told to. $2.8$ Our final answer is B, 2.8. 3. The numbers in our set are already in numerical order, so we do not need to rearrange them. Let us find our median: We have two numbers in the middle of our set, because there are an even amount of numbers in our set. This means we must take the average of the two middle numbers. $(8 + 10)/2$ $18/2$ $9$ Now let us also find our mean: $(3 + 8 + 10 + 15)/4$ $36/4$ $9$ We can see that the mean and the median are equal, so the difference between the two is 0. Our final answer is A, 0. 4. We have two different ways to solve this question- using algebra and using PIN. Let's look at both methods. Method 1: Algebra Let us represent both the sum and the mean by the variables $x$ and $y$, respectively in our mean equation. $x/4 = y$ $x = 4y$ Now, let's look at how this changes when we add 2 to to our mean. $x/4 = y + 2$ $x = 4(y + 2)$ $x = 4y + 8$ We can see that we need to add 8 to our previous mean of $4y$. Our final answer is J, 8. Method 2: PIN We could also use plugging in numbers in this case. So let us pick four numbers and find their mean. Let's just say our four numbers are: 3, 4, 6, and 10. (Why those numbers? Why not!) (3 + 4 + 7 + 10)/4 $24/4$ $6$ Now, we want to increase our mean by 2, which would make it: $6 + 2 = 8$ Which means that now we have: $(24 + x)/4 = 8$ $24 + x = 32$ $x = 8$ We can see that we need to add 8 to our sum in order to increase our mean by 2. Our final answer is again J, 8. (Or boy or other gender). Either way, go you! The raptors are proud. The Take Aways Once you know your way around the techniques of finding your means, medians, and modes, you will be able to tackle most any ACT question on the topic. All ACT statistics questions are simply variations on the same theme, so knowing your foundations is essential. As we saw above, there are often multiple ways to solve these types of problems, so don't hesitate to use PIA or PIN if you have the time to spare and if you feel uncomfortable with the algebra. Otherwise, always make absolutely sure you are answering the proper question and don't take for granted that these questions are simple (a careless error will still lose you precious points!). What's Next? You've tackled all there is to know about ACT stats questions and now you're hungry for more ACT math guides...right? Right! Well, lucky for you, we've got guides on all the ACT math topics you could ask for. Need to brush up on your formulas? How about your trigonometry? In the mood to tackle ratios (or set up your own ratios to figure out how many seconds there are in a year)? Browse through our ACT math tab to find what you're looking for. Think you might need a tutor? Look to our guides to find the best ACT tutor for you (and your budget). Running out of time on ACT math? Check out our guide on how to maximize your time (and your points!) before the clock runs out. Looking to get a perfect score? No matter your current level, we've got guides on what to do if you scored lower than you wanted as well as how to get a perfect 36. Want to improve your ACT score by 4 points? Check out our best-in-class online ACT prep program. We guarantee your money back if you don't improve your ACT score by 4 points or more. Our program is entirely online, and it customizes what you study to your strengths and weaknesses. If you liked this Math lesson, you'll love our program. Along with more detailed lessons, you'll get thousands of practice problems organized by individual skills so you learn most effectively. We'll also give you a step-by-step program to follow so you'll never be confused about what to study next. Check out our 5-day free trial:
Thursday, November 21, 2019
Entrepreneurship Case Study Example | Topics and Well Written Essays - 1500 words
Entrepreneurship - Case Study Example However, in recent days, the concept has been altered greatly and presently it includes several social as well as political elements. Entrepreneurship has a considerable significance in the present business scenario as consumers are greatly influenced by innovative business ideas. The world has witnessed the emergence of many eminent entrepreneurs who contributed to the growth of modern business concepts. At this juncture, this paper will evaluate the entrepreneurial success of James Caan in his venture Hamilton Bradshaw and how his attitudes, approaches, and strategies have played a major role in the success of his venture. James Caan James Caan is a UK entrepreneur who was born in 1960 in Lahore, Pakistan. Caan, who got popularity for his innovations has been developing and selling business ventures since 1985. Lahore Business School has expressed its admiration to Caan when it awarded honorary doctorate to this innovative entrepreneur. The business world witnessed Caanââ¬â¢s he ight of confidence when he sold his venture, the Alexander Mann Group, a company with turnover of ?130m and operations in 50 countries. Recently in 2010, Caan launched his new venture HB Real Estate into market with intent to target investments. History of Hamilton Bradshaw ââ¬ËHamilton Bradshaw is a leading mid-market private equity firmââ¬â¢ which is headquartered at London and it is founded by James Caan in 20031. James Caan himself made whole investments to commence this business venture and that makes the Hamilton Bradshaw different from other similar private firms. Even though Hamilton Bradshaw is a mid-market firm, it has business interests in all sectors of the industry. It ââ¬Ëinvests in companies across sectors and at all stagesââ¬â¢ irrespective of the business traditions of firms; Hamilton Bradshaw is also interested in Real Estate business and it has reserved an amount of $35 million for the purpose2. Caan got a gap year after he sold his shares in Alexander Mann, Humana Mann, and Recruitment International. During this period, Caan closely watched different market sectors in addition to his advanced management study at Harvard. From his observations, Caan identified that many industries collapsed as they had failed to develop innovative concepts, and sufficient financial sources that were highly necessary. Caan had good experience in recruitment and hence he believed that the concept of HB would play a vital role in the business world if it made equity investments in financially and strategically struggling companies. Moreover, the sale of Alexander Mann also persuaded Caan to begin this new venture. James Caan strongly believed that major portions of corporate failures can be avoided if the firms are provided with sufficient strategic advices and financial assistance. Hence, HB not only finances the companies but also closely examines their business strategies. It will also identify the most appropriate resources in order to safeguard HBââ¬â¢s interests in those companies. Caan also believed that inter-cooperation between international business houses would avert business failures to a large extent. Since HB is a huge company having world wide network of top performing business houses, it can assist weaker member firms to get access into HBââ¬â¢s global network of resources and thereby increase their operational efficiency. Caanââ¬â¢s admirable innovativeness is evident in the success of
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