Friday, November 29, 2019

Philip Freneau free essay sample

An introduction to American writer, Philip Freneau. A paper which introduces and discusses the work of early American writer, Philip Freneau. The paper also discusses several of his poems, including, The Wild Honey Suckle and The Indian Burying Ground. Freneau work almost seemed to come from two different men. One is the patriot, who passionately believed in freedom, and shared his views with the world. The other is the quiet, contemplative man, who wrote of the natural world, and tried to bring together his differing views on religion, politics, and life. He was certainly a forward thinking man, and if he struggled between religious and Deist beliefs, he let his poetry discuss his differences, and his political views express the rest of his feelings.

Monday, November 25, 2019

Kohls Dillards Essays

Kohls Dillards Essays Kohls Dillards Paper Kohls Dillards Paper FINANCIAL ACCOUNTING Kohl’s Corporation and Dillard’s Inc. – Financial Statement Analysis A. Kohl’s Corporation and Dillard’s Inc. are in the retail industry which is a highly competitive industry. There are a high number of retail stores, department stores which compete between each other on local, regional and national level. That competitiveness is highly influencing operating results of the company. The importance of the retail industry emphasizes the sentence below: â€Å"An estimated two-thirds of the U. S. gross domestic product (GDP) comes from retail consumption. Therefore, store closings and openings are an indicator of how well the U. S. economy is recovering after the Great Recession in the late 2000s. †[1] Regarding the size, Kohl’s Corporation has 929 stores in 47 states and Dillard’s Inc. has 326 stores in 29 states. They offer apparel, footwear and accessories for women, men and children, soft home products and other consumer goods. As we can see they differ in numbers of the stores and also in the approach. Kohl’s Corporation is more like discount store where Dillard’s Inc. offers more sophisticated and upscale approach, although both of the companies offer also on-line shopping on their websites. For Kohl’s Corporation we can see their expansion below: | | | | | | |Region |  Ã‚   |States |  Ã‚   | |Net Sales |100. 0% |100. 0% |100. 0% | |Cost of merchandise sold |63. 5% |63. 6% |64. 4% | |Gross margin |36. 5% |36. 4% |35. % | |Operating expense: |25. 6% |24. 7% |25. 0% | | Selling, general, administrative |22. 4% |21. 9% |22. 2% | | Depreciation and amortization |2. 7% |2. 5% |2. 5% | | Preopening expenses |0. 4% |0. 3% |0. 3% | |Operating Income |11. 0% |11. 6% |10. 5% | |Other expenses |0. 4% |0. % |0. 5% | | Interest expense |0. 5% |0. 4% |0. 5% | | Interest income |0. 1% |0. 2% |0. 0% | |Income before income taxes |10. 6% |11. 4% |10. 0% | |Provision for income taxes |4. 0% |4. 3% |3. 7% | |Net income |6. 6% |7. 1% |6. 3% | DILLARD’S INC. COMMON – SIZED STATEMENTS OF OPERATIONS |Dillard? Inc | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |Net Sales |100. 0% |100. 0% |100. 0% | |Cost of merchandise sold |64. 9% |64. 4% |65. 2% | |Gross margin |35. 1% |35. 6% |34. 8% | |Operating expense: |33. 0% |31. 2% |31. % | | Selling, general, administrative |28. 0% |26. 8% |26. 5% | | Depreciation and amortization |4. 1% |3. 9% |3. 9% | | Rentals |0. 8% |0. 7% |0. 6% | | Loss on disposal on assets |-0. 2% |-0. 2% |0. 0% | | Asset impairment and store closing charges |0. 3% |0. % |0. 8% | |Operating Income |2. 1% |4. 4% |3. 0% | |Other expenses interest |1. 2% |1. 1% |1. 4% | |Income before income taxes |0. 8% |3. 3% |1. 6% | |Provision for income taxes |0. 2% |0. 3% |0. 2% | |Equity of earning in joint ventures |0. % |0. 2% |0. 1% | |Net income |0. 7% |3. 1% |1. 6% | KOHL’S CORPORATION COMMON – SIZED BALANCE SHEET |Current Assets | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |   | | | |   | |   |Cash |1. % |2. 1% |1. 4% | |   |Short-term investments |4. 6% |4. 8% |1. 7% | |   |Merchandise inventories |27. 0% |28. 5% |24. 4% | |   |Accounts Receivable |0. 0% |0. 0% |18. 0% | |   |Deferred Income Taxes |0. 7 % |0. % |0. 3% | |   |Other |1. 3% |1. 7% |0. 7% | |   |Total Current Assets |35. 3% |37. 6% |46. 6% | |   | | | |   | |   |Property and equipment, net |61. 6% |59. 3% |50. % | |   |Favorable lease rights, net |2. 0% |2. 4% |2. 3% | |   |Goodwill |0. 1% |0. 1% |0. 1% | |   |Other assets |1. 0% |0. 6% |0. 5% | |   |Total Assets |100. 0% |100. 0% |100. % | |   | | | |   | |Total Liabilities Shareholders’ Equity | | |   | | | | | |   | |Current Liabilities | | |   | |   |Accounts payable |7. 9% |10. 3% |9. 1% | |   |Accrued liabilities |7. 6% |8. 0% |7. % | |   |Income taxes payable |1. 2% |2. 6% |1. 8% | |   |Current portion of long-term debt and capital leases |0. 1% |0. 2% |1. 2% | |   |Total Current Liabilities |16. 8% |21. 2% |19. 1% | |   | | | |   | |   |Long-term debt and capital leases |19. 4% |11. 5% |11. % | |   |Deferred income taxes |2. 5% |2. 7% |2. 4% | |   |Other long-term liabilities |3. 5% |2. 6% |2. 0% | |   | | | |   | |   |Total Liabilities |42. 2% |38. 0% |34. 9% | |   | | | |   | |   |Common stock $. 1 par value,800,000 shares authorized, 350,753 ; 348,502; and|0. 0% |0. 0% |0. 0% | | |345,088 shares issue | | | | |   |Paid in Capital |18. 1% |19. 4% |17. 3% | |   |Treasury stock at cost, 40,285; 27,516; and 0 shares |-22. 5% |-18. 0% |0. 0% | |   |Retained Earnings |62. 2% |60. % |47. 8% | |   | | | |   | |   |Total Shareholders’ Equity |57. 8% |62. 0% |65. 1% | |   | | | |   | |   |Total Liabilities and Shareholders’ equities |100. 0% |100. 0% |100. 0% | DILLARD’S INC. COMMON – SIZED BALANCE SHEET Current Assets | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |   |Cash and cash equivalent |1. 7% |3. 6% |5. 4% | |   |Accounts Receivable |0. 2% |0. 2% |0. 2% | |   |Merchandise inventories |33. 3% |32. 8% |32. 7% | |   |Other Current Assets |1. 2% |1. 3% |0. % | |   |Total Current Assets |36. 4% |37. 9% |39. 0% | |à ‚   |Property and Equipment: | | |   | |   |Land and land improvements |1. 6% |1. 7% |1. 6% | |   |Buildings and leasehold improvements |58. 4% |54. 3% |50. 7% | |   |Furniture, fixtures and equipment |36. 9% |40. 0% |38. % | |   |Buildings under construction |1. 8% |1. 1% |1. 7% | |   |Buildings and equipment under capital lease |0. 9% |0. 9% |1. 5% | |   |Less accumulated depreciation and amortization |-39. 8% |-39. 7% |-37. 3% | |   |Total property and equipment |59. 8% |58. 3% |57. 1% | |   |Goodwill |0. 6% |0. 6% |0. % | |   |Other Assets |3. 2% |3. 1% |3. 2% | |   |Total Assets |100. 0% |100. 0% |100. 0% | |Total Liabilities Shareholders’ Equity | | |   | |Current Liabilities | | |   | |   |Trade accounts payable and accrued expenses |14. 1% |14. 8% |15. % | |   |Current portion of long-term debt |3. 7% |1. 9% |3. 6% | |   |Current portion of capital lease obligations |0. 0% |0. 1% |0. 1% | |   |Other short-term borrowings |3. 7% |0. 0% |0. 0% | |   |Federal and state income taxes including deferred taxes |0. 7% |1. 4% |1. 5% | |   |Total Current Liabilities |22. 2% |18. 1% |20. % | |   |Long-term debt |14. 2% |17. 7% |19. 2% | |   |Capital lease obligations |0. 5% |0. 5% |0. 6% | |   |Other liabilities |4. 1% |3. 8% |4. 7% | |   |deferred income taxes |8. 2% |8. 3% |8. 7% | |   |Guaranteed preferred beneficial interests in the companys subordinated |3. 7% |3. 7% |3. % | | |debentures | | | | |   |Total Liabilities |52. 9% |52. 2% |57. 7% | |   |Common stock Class A |0. 0% |0. 0% |0. 0% | |   |Common Stock Class B (convertible) |0. 0% |0. 0% |0. 0% | |   |Additional paid in capital |14. 6% |14. 3% |13. 6% | |   |Accumulated other comprehensive loss |-0. 4% |-0. 4% |-0. % | |   |Retained Earnings |50. 2% |48. 9% |43. 7% | |   |Less Treasury stock at cost Class A |-17. 3% |-15. 1% |-14. 7% | |   |Total Shareholders’ Equity |47. 1% |47. 8% |42. 3% | |   |Total Liabilities and Shareholders’ equities |100. 0% |100. 0% |100. 0% | D. ROE = NI / Average stockholders equity KOHL’S CORPORATION ROE2007= 18. 5 % ROE2006=19. 18% DuPont Model |2007 |2006 | |Cost of Taxes |37. 78% |37. 52% | |Cost of Debt |3. 46% |2. 22% | |Operating Profit |10. 95% |11. 64% | |Asset Turnover |1. 68 |1. 72 | |Capital Structure Leverage |1. 67 |1. 57 | |Return on Equity (ROE) |18. 52% |19. 18% | ROE = NI / Average stockholders equity DILLARD’S INC. ROE2007 = 2. 11% ROE2006 = 10. 00 % |DuPont Model |2007 |2006 | |Cost of Taxes |11. 17% |3. 3% | |Cost of Debt |60. 20% |25. 67% | |Operating Profit |2. 06% |4. 37% | |Asset Turnover |1. 37 |1. 43 | |Capital Structure Leverage |2. 11 |2. 22 | |Return on Equity (ROE) |2. 11% |10. 00% | E. Trends in Subcomponents of ROE Trends for Cost of Taxes Kohl has a pretty stable tax rate around 37. 5% while Dillard has a highly unstable one, growing from 3. 42% and 3. 23% in 2005 and 2006 to 11. 17% in 2007. Trends for Costs of Debt While Kohl has fair costs of debt of 3. 6% in 2006 (which is below the industry average of 4%), Willards cost of debt worsened to 60. 2% in 2006 (from 25. 7% in 2005). Trends for Operating Profit Kohls profit slightly dropped by 5. 9% to 10. 95% from 2006 to 2007, Dillard worsened by 58. 2% to an EBIT of 2. 06% from 2006 to 2007. Trends for Asset Turnover Kohls asset turnover rate stayed relatively stable, slightly declining from 1. 72 to 1. 68. Dillard declined from 1. 43 in 2006 to 1. 37 in 2007. Trends on Capital Structure Leverage Kohl nearly doubled their long-term debt and increased their capital structure leverage from 1. 57 in 2006 to 1. 67 in 2007. Dillard reduced their leverage from 2. 22 in 2006 to 2. 1 in 2007. Profitability With 18. 5% ROE in 2007 (19. 2% in 2006), Kohl is by far more profitable than Dillard, whose ROE dropped to 2. 1% in 2007 (from 10% in 2006). While both firms have a similar gross profit (Kohl 36. 5%/2007; Dillard 35. 1%/2007), Kohl achieves an EBIT of 10% against 2. 1% for Dillard. Looking at both companies RNOA, it confirms that Dillard is struggling with a very low NOPM of only 1. 75% in 2007 against 6. 8% in the same year for Kohl, while Dillard is making better use of their net operating assets. F. Kohl’s Corporation asset efficency Dillard’s Inc. asset efficency G. Liquidity and solvency for Kohl’s Corporation Liquidity Solvency |2007 |2006 |2005 | |Current ratio |2. 10 |1. 78 |2. 44 | |Quick ratio |0. 49 |0. 43 |1. 16 | |Debt-equity ratio |0. 73 |0. 61 |0. 54 | |Interest cost |5. 76% |3. 64% |8. 36% | Liquidity and solvency for Dillard’s Inc. |Liquidity Solvency |2007 |2006 |2005 | |Current ratio |1. 64 |2. 10 |1. 7 | |Quick ratio |0. 14 |0. 28 |0. 30 | |Debt-equity ratio |1. 12 |1. 09 |1. 36 | |Interest cost |170. 30% |35. 68% |86. 90% | COMPARISON OF CURRENT RATIO‘S FOR KOHL’S CORPORATION AND DILLARD’S INC. [pic] COMPARISON OF QUICK RATIO [pic] COMPARISON OF DEB T TO EQUITY RATIO [pic] COMPARISON OF INTEREST COST [pic] [1] Farfan, Barbara â€Å"Retail Industry Information: Overview of Facts, Research, Data Trivia  2011†. About. com June 2011 http://retailindustry. about. com/od/statisticsresearch/p/retailindustry. htm

Thursday, November 21, 2019

Poverty Issues Essay Example | Topics and Well Written Essays - 1250 words

Poverty Issues - Essay Example Poverty in developed countries is obvious in a set of social problems together with homelessness and the perseverance of ghetto housing groups. There are several factors that have been mentioned to explain why poverty takes place. However, no single reason has gained universal recognition. At the international level, some highlight global systemic causes, for example, aid, trade and debt, which are the focal point of the Make Poverty History campaign. Whereas others point to national level deficits of public administration and financial management, which is the focal point of the Good Governance program of the international financial institutions. At the national level, some point to individual factors, including drug use, work ethic and education level as the major reason of poverty, while others points to the insufficient social services and strategies inclined in favor of the wealthy and social leaders as a cause of continuing poverty. Other cause of poverty includes environment, health care, government inefficiency and other social factors. (Jeffery Sachs, 2005). Those living in poverty and wanting a way in to necessary health services, suffering hunger or even starvation, go through mental and physical health problems which make it difficult for them to perk up their circumstances. One third of deaths, about 18 million people annually or 50,000 each day are because of poverty related factors. Altogether 270 million people, the majority of them women and children, have been expired as a result of poverty ever since 1990's. Those living in poverty undergo lower life expectation. Every year, approximately 11 million children surviving in poverty pass away before their fifth birthday. Those living in poverty frequently endure from hunger and 800 million people go to bed, starving every night. Poverty also boosts up the danger of homelessness. There are more than 100 million street children wandering all alone in the world. Increased risk of drug abuse is also a reason which is linked with poverty. Diseases of poverty are the sign of the vibrant relationship between poverty and poor health. Whereas such transferable diseases effects directly from poverty, they also perpetuate and intensify insolvency by weakening personal and national health and monetary resources. Such as, malaria reduces GDP growth by up to 1.3% in some rising countries and by killing tens of millions in sub Saharan Africa. AIDS it self terrorize the economies, social formations and political constancy of every society.Low income and possessions levels weaken the capability of governments to charge taxes for public service terms, adding to the brutal circle connecting the causes and effects of poverty. Lack of necessary communications, poor education and health services and poor hygiene contribute to the continuation of poverty. Poor access to reasonable public education can direct to low levels of literacy, further establishing poverty. Weak public service provision and high levels of poverty can amplify country's weakness to natural calamities and make states more defenseless to shocks in the international economy, for example, those linked with rising fuel prices or declining goods and services costs. The ability of the state is

Wednesday, November 20, 2019

Birth Control Policy Essay Example | Topics and Well Written Essays - 1250 words

Birth Control Policy - Essay Example For instance, some theories such as the public choice theory put more emphasis and focus at the level of individuals rather than focusing on the institutional level. The public policy making process is normally at the heart of effective services provision. It has been stated that the process of policy making normally occurs six major phases (Howlett, et al 2009). These are agenda setting, decision making, policy formulation, implementation, evaluation and finally termination or renewal. Health is a matter of public interest. For this reason the government involvement in matters concerning health is usually to a greater extent. The government normally formulates policies for different reasons. Some policies are normally formulated for the purpose of population control. Population control is actually the essence of birth control. The health policy is triggered by the desire and need to address several issues. These are broadly explained as; the health care policy seeks to be comprehensive enough to include the highest number of the citizens possible. This is one of the reasons why some people were saying that implementation of the policy will be very expensive and might cause the tax payer a lot of money. Coverage does not necessarily mean access. These two can be mutually exclusive. For instance, a person might be under the coverage of a certain health care scheme but for some other reason fails to gain access. Coverage also means a wider scope of the provisions of the insurance and other health plans. For instance, there is a new federal directive that requires insurance plan to also provide for birth control. The policy also seeks to ensure that the health care being accorded is quite affordable to everyone. This stems from the notion that health care is a very essential service that each and every person should have access to. For this reason it is important that the health care cost is affordable. Health care is a very important service. This can

Monday, November 18, 2019

Decision Making and Appropriate Problem Solving Tools Essay

Decision Making and Appropriate Problem Solving Tools - Essay Example As the manager of a county clinic faced with a budget cut, an appropriate problem-solving tool should arrive at the best decision for the scenario. This essay aims to resolve the issues through the utilization of appropriate tools in decision making. The case scenario presented the following, to wit: â€Å"you are a manager in a county clinic that provides care to Medicaid clients. Your department budget was recently cut by 15%. From a statewide health policy standpoint, given a defined budget constraint, what clinical services should be eliminated or introduced to best address healthcare needs of a Medicaid population?† Different studies present varying models of a typical decision-making process depending on their perspectives. Some models follow eight steps, others five. For purposes of making intuitive choices, the following six steps in decision making are utilized, in conjunction with the cause and effect approach in problem-solving. The six steps of this natural, intuitive decision-making process, according to Ethics Resource Center (2009, 1) are: â€Å"Step 1: Define the problem; Step 2: Identify available alternative solutions to the problem; Step 3: Evaluate the identified alternatives; Step 4: Make the decision; Step 5: Implement the Decision; and Step 6: Evaluate the decision†. The county clinic manager determined how to best address the delivery of healthcare services to a Medicaid population given a budget cut of 15%. The financial problem evaluates the possibility of streamlining or eliminating identified clinical services. The budget cut would have serious repercussions for the county clinic in terms of its ability to deliver the same level of quality health care as initially projected. The first step that the manager should do is to envision what would be the effects of the budget cut in addressing the health care needs of his clientele. The alternative courses of action are identified at this stage. A cause and effect analysis should detail the characteristics of the Medicaid population who would be affected by the budget cut.

Saturday, November 16, 2019

Ryanair Strategic Management and Business Planning Case Study

Ryanair Strategic Management and Business Planning Case Study Introduction: Following report is based on the SWOT and PESTEL analysis of the Ryanair. This report will describe about the strengths, weakness, opportunities and threats of the ryanair. We will also examine about the external environmental effect by using the political, Economical, social, technological, environmental and legal analysis. There is briefly history of the ryanair which explain the investments and starting problems and till now, about the condition of internally and externally environment of the ryanair. Firstly discuss about the external environmental impact on the Ryanair and related to the strategy of the Ryanair. Basic objective and aim is to provide low cost fare services and increase profitability and to be a leader of market. By using the technique of PESTAL analysis can forecast the environmental change. For the examiner of environmental change have used different approaches like Bowmens strategy clock, Anoffs matrix, Michaels porters strategy. In addition, for determinant explain the porters five force model which have help out in the analysis of the competitive advantage ,new entrants, threats of substitutes. SWOT analysis is the best way to examine the internally condition of the Ryanair. It has explained about the powerful element and weak elements and also given the information about the new opportunities that Ryanair can get. Strategy Management: Strategy is the way and scope of an organization which achieve their goals in changing environments through its configuration of resources and competence with the aim of fulfilling stakeholder desires over the long term periods. There are following points which explain the term strategy: Strategy is concerned with the long term planning of any organization. Strategy is concerned with scope of any organizational activities. Purpose of strategy is to achieve some advantages for the organization over competition. Strategy is also affected by the values and expectation of those who have power in and around the organization, not only environmental forces and strategic forces. Main purpose of strategy is to achieve its aims and goal of organization. History of Ryanair: Ryanair is one of the most aircraft in the world including 44 bases and the 1100+ low fares more than 26 countries connecting with 175 countries. Ryanair has been launched by Ryan family in 1985 with the share capita  £1 and 25 staff members. In 1986 ryanair has taken permission from British airways and Aer linguis. Services are launched 1st turbo 46 seats aircraft from Dublin to London in May. After three year rapid growth , in 1990 ryanair faced  £20m accumulated losses and Ryan family has invested more  £20m and as copying the southwest airlines it was relaunched again and made new strategies under the new managerial systems and reduces their fares from  £99 to  £59 return tickets. In 1991 ryanair has changes its bases from Lutin to new airport of London Stansted which had new terminal and direct link of rail services. With the passage of time, ryanair has seen many changes every year. In 1995, Ryanair had untaken the British airways and Aer linguis. And also celebrated its 10th birthday with the great celebration. It becomes biggest air route in the Europe and internationally and also lowest fare rate airline domestically. Ryanair growth increased rapidly and employees receives shares of Ryanair and Ryanair received new Boeing aircrafts. In 2000, Ryanair has launched its website for the benefit of customers like booking, accommodation, train facilities and many more allowances as well. Furthermore, Ryanair has employed new employees and has developed career. Ryanair also promoted staff in 2007 and 2008. External Environment: Ryanair is largest low cots airline in the Europe. Ryanair is the largest investing and achieved its growth in friendly environment. Ryanair strategy is trying to improve its performance more. Ryanair has replaced its old Boeing aircraft to the new developed technology aircrafts. Ryanair also reduces the use of fuel and minimise the ratio of CO2 per passenger. Strategy of Ryanair is low cost fare and more profitability. Ryanair also use the point to point journey planner and tried to not landing during the way. It also tried to reduce the time. Ryanair also reduced to affection and disturbance by the noise or aircraft. It used new technology for less noise like new winglets and its help out in reduction of noise. Ryanair is the very low cost which is not offered to passenger for free food, drinks and many things. It safe thing not waste it. Ryanair has increased in tourism, employment level, and infrastructure. Theses external element has great impact on the strategy of the ryanair. Ryanair has basic objective low fares and high profit and giving good customer service to the passengers. With the [passage of time strategy of ryanair is developed and many changes incurred in it. Ryanair strategy is reducing the costs which include personnel, equipment cost, airport access rather than its competitors. Moreover, Ryan air with the high productive source is trying to improve its productivity which helps in reducing the labour cost. Ryanair strategy: After examine the SWOT analysis and Ryanair capabilities now we can easily describe about the strategy of Ryanair. Ryanair has cost minimization strategy through this it want to be leader of market and want to gain competitive advantage. Ryanair strategy is trying to focus on the aviation industry, new fleets, and airport charges route services and managing marketing cost etc. Basic aim and objective of ryanair is to increase low fares services and by doing continues progress want to be European low cost scheduled airline. Moreover, Ryanair providing low cost fares for those people who have travelled by other means of transportation and also those people did not ever travel at all. According to the statistical data Ryanair has maintained the recode of punctuality. Ryanair do point to point and non-stop routes which has reduced the cost of services. It also increase the productivity level by using work force which has help out in minimising labour cost. Ryanair also offers Bonuses, compensation, commission on the basis of hours for the encouragement of staff and personnel and crew member and pilot. Ryanair has new reservation system developed internet facility. Ryanair does not compensate with its safety rules, staff training and quality insurance and do not extend its low cost strategy in theses area. For the repairing of the crafts it has contract with the third party according to the European airlines otherwise repairing and maintenance work done by itself in London. Except all of these things ryanai r take care about the customer service, providing food, beverage, travel insurance, car rental and accommodation and it also provide telephonic reservation and different facilities. PESTEL Analysis of Ryanair: Political: In political analysis of ryanair include the internal and external stability of political condition in Europe countries like Middle East. Ryanair has to follow New EU rules and regulation, expansion and duty free sales of products. Government has help to the ryanair to take it internationally. Government also provided full security system to the ryanair. Economical: Outside and inside economy is different in the Europe. Inside economy is stable while outside economy is non stable. Price of fuel is increasing day by day and depreciation of US dollar also increasing. There are some regional subsidies also preferable in the ryanair analysis. Ryan air also created linkage of between new highly speed trains and airport. Social: In social analysis of ryanair, there is increase in grey marketing and also lifestyle of travelling is changing day by day. There is also change in consumers demographics. Demand and preferences of consumers also changed and fluctuated with the passage of time. Technological: Ryanair bought new fleets and advanced technology aircrafts for the consumers satisfaction. It also introduced new software programmes for the improvement in supply chain systems. Ryanair also increase information technology, gambling and competition in the market as well. Ryanair also used satellite television and also try to reduce fuel consumption. Environmental: Ryanair has reduced noise pollution. It has used new technological system to reduce the noise. It also saves the environment from dangerous gases like greenhouse CO2 emission. Legal: Ryanair has followed the legal laws. It has removed the illegal subsidies from airport. Ryanair also claim illegal advertising on the airport. Forecasting Environmental change: Michaels porter generic strategy: Porters generic strategy explains about the cost advantage and differentiation focus. This technique is suitable for those companies who based on cost leadership and differentiation and focus. By using the cost leadership strategy ryanair got the competitive advantage and market leadership. Ryanair has earned very high profit in very short time period by using the low fares. Leadership strategy has given help to the customer for decision making. It has offered to the customer low fares and secondary to secondary flies by using the differentiation. Ryanair has purchases aircrafts not whole fleets but has given best customer service. Ansoffs matrix: Igor Ansoff focuses on the companys present and potential product /services and market situation. There are four possible combinations of growth that is existing product with new product, existing market with new market, market development and product development and diversification. Ryanair has attracted the market towards itself by using the pattern of low cost and reasonable fares. Ryanair has diversified its staff according to the different location and destination. Ryanair is trying to expand its business and developing the staff which will take it towards success. Bowmans strategy clock: Bowmans strategy clock explains competitive position of a company with comparison of competitors. We can analyse the problem and difficulties of Ryanair through this approach from last few years. There are eight different options which can describe the competitive position. These are as follows: low price, low added value, differentiated, hybrid and focus differentiated, increase standard or price, increased price and low value or standard price. From last few years ryanair has performed very affective changes due to its effective managerial system. Ryanair has earned very high profit in very short time by following the affective time schedule giving significant value on the development of Ryanair. National advantage by using techniques of Ryanair: There are different techniques through we can analyse the national advantage of ryanair. Porters five force model: By using the porters five force model, we came to know about the value and importance of the ryanair in Europe market. It includes threat of new entrant, threat of substitute, competitive rivalry, bargaining power of supplier hand customer. Threat of new entrant mean need high profit for coming in the market level and offer customers low fares. Its difficult high investment. It also need flight authorisation. Ryanair has threat of its substitute like ferries, Euro line, cars and rail services and many other substitutes as well. It has also threat from its customers it doesnt have loyalty brand, no switching of the prices, no close relationship with the customer. Air bus and Boeing are the two main supplier of the ryanair and the switch cost from one supplier to another is high because if they do this they need to retained their staff again. Ryanair has more competitive power rather than small airlines because they operate regional level in small airports but ryanair operates on bog airports. Ryanair has threat of its customers, if the prices are sensitive than customer can easily move to other airlines through online advertisement, booking and by offering good customer service so we cannot depend on the customers. Moreover, Price of the ryanair is the main competitive element to others. There is not much differentiation low cost prices to other airlines. As LCC is the high competitive market there are chances to do the same thing. In market there are many competitors they can competition with the prices and profits but in existing situation competitors cannot compete with dead to dead competition by choosing different service routes. SWOT Analysis of Ryanair: Swot Analysis describes the internal situation of the organisation. The main purpose of the SWOT analysis is to know about the strength, weakness, threats and opportunities of the organisation. It is also helpful to bring changes in the strategy of the organisation and came to know about the current the situation and where organisation standing and where it should have to be. Strengths: Ryanair has strong brand image and due to its strong brand image it has reduced the barrier of entry to new airports and has increased the barriers for new entrant. Ryanair is firstly low fares cost airline in the Europe and still maintained its image. London Stansted is the one of busiest aviation traffic zones where are bases of ryanair operationalsing. Ryanair is the innovative and has aggressive marketing quality. Ryanair has enhanced safety, higher fuel efficiency and properly income planning by offering low fares. Single aircrafts has help out in reducing training, maintenance and supervisory cost. Ryanair has reduced it labour cost by reducing by non-unionised it labour forced. Weakness: Negative press report, poor customer services has bad impact on the brand image of the ryanair. Ryanair have low level of trained personnel and also give low level of empathy and moral to the employees but ryanair need well trained craft personnel. If any new taxes are applied on new fares it become cause of misleading, wrong advertisement, misleading website become reason of sensitivity of ryanair. Mobile phones and gambling also not allowed during journey and it is discouraging the customers. Increase in the emission of CO2 and fuel consumption and it has bad impact on environment. Opportunities: If ryanair start better business routes and start new operation by doing merger and acquisition. If ryanair fulfil the EU market requirements then due to its low fare policy it can develop the economy growth and increase the employment opportunities. OPEN SKY agreement can help out to develop its business route and consolidation of low fares. It can attract middle class people for the travelling. Ryanair can also get new fleet on lease and it will be good source of earning. Threats: There many competitors in the market like LLC are direct competitor of ryanair which has affected the share market. Rich people and upper class people dont prefer low fare they want good and high class service so that is also threat for the ryanair. It can create problem to make decision in future. New rules and regulation can be threat for the ryanair, might be it can emphasis to increase the cost. Threat of war and bad weather can create problem in journey planners. Strategic capabilities of Ryanair: Strategic capabilities mean those skills and ability that help out to achiveve the stage of surveillance of market. It has two types. Resources Competences Resources: Threshold resources: Ryanair includes Flights, office equipment, head quarters, finance resources and employees. Core resources: Ryanair has also core resources which is CEO Michael OLeary. Competence : Threshold competences: It includes online banking system, operation of on time delivery, point to point routing. Core competences: Core competence of ryanair is low cost, no frill strategy and route policy strategy. All of these capabilities of the ryanair are the part of the SWOT. We can come to know about the resources of the ryanair and which core concepts and threshold are includes. It is also helpful in analysis of strategy of ryanair. Ryanair competitive advantage: Ryanair have competitive advantage because of its low fares, no frills, point to point fights, online booking, tickles boarding and no refund policies and many more. Except theses there are many reasons like marketing on airports, no cargo service, new air crafts, new fleets and ryanair have corporate partnership which is the reason of high productivity level. Ryanair also provide basic services during journeys. Conclusion and recommendations: At the end, in my point of view Ryanair should have to keep on its competitors which strategy techniques they are using like Virgin airline are using Bowman strategy clock so it should have to use it. Ryanair should have to offer high and good quality service with low prices through these customers will attract more. Yip and Johnson has appraised on their article Transforming Strategy that if the company is offering lower cost with the lower strategy has no work and cannot compete with their rivals. Ryanair has tried to hit the specific market like Ireland UK market by organise growth plans. Ryanair thinks that by increasing the quality service and routes from UK to Europe where the high cost service are available, it can increase the sales. Thus, Ryanair strategy low fare, good service , no frill strategy can make more profit and can increase their income level as well as they can bound in relation with the stakeholders customer and passengers.

Wednesday, November 13, 2019

The Fruitless Pursuit of The Dalai Lama and Pope John Paul II Essay exa

The Fruitless Pursuit of The Dalai Lama and Pope John Paul II I. Introduction: â€Å"Glinting orange through the green creepers, the Kombi family's mud-hut is barely visible now. Alphonse Kombi was murdered by militiamen in February. His wife, Bimosa, watched them eat his heart before they raped her, neighbours say. The trauma drove her insane. Two of the Kombis' four children had already died of malnutrition. Then, a fortnight ago, a distant relative came to collect the two survivors - an emaciated eight-year-old and four-year-old†¦ ‘I have come to try to prevent these ones from dying," said Mr Kiyana, pointing to the two boney forms slumped on the ward's concrete floor. With their skin drawn tight over fragile bones, the children's ages and their sexes were almost impossible to guess.’† 1 One can easily associate suffering with tragedies in third world countries like the story above. However, suffering is not only the physical abuse of victims; suffering is the psychological, emotional, and physical pain experienced by any being. This distress is not only a result of everyday activities, such as conversations that may or may not happen, suffering is a continuous presence despite what one may do to eliminate it. I believe that suffering is endless. Despite the efforts of influential men like the Dalai Lama or Pope John Paul II, suffering will still exist in several forms. If it was even possible to end the genocides that are taking place in countries like Tibet or Cambodia, suffering would still occur in my life, as I am separated from the ones I love or in my neighbor’s lonely and miserable life full of material prosperity. Therefore, although the Dalai Lama and Pope John Paul II have done much work towards this ultimat... ...it symposium. (United States of America: Fordham University Press, 1999) 34. 10 Cutler, Howard and the Dalai Lama, The art of happiness : a handbook for living (New York : Riverhead Books, 1998) 126. 11 Cutler, Howard and the Dalai Lama, The art of happiness : a handbook for living (New York : Riverhead Books, 1998) 114. 12 Cutler, Howard and the Dalai Lama, The art of happiness : a handbook for living (New York : Riverhead Books, 1998) 124. 13 Davidson, Richard J. Visions of compassion : Western scientists and Tibetan Buddhists examine human nature. (Oxford ; New York : Oxford University Press, 2002) 149 14 Piburn, Sidney, The Dalai Lama, a Policy of Kindness (New York: Snow Lion Publications 1990) 49. 15 United Nations. Dept. of Information. Pope John Paul II at the United Nations (New York : Dept. of Public Information, United Nations, 1980) 31 The Fruitless Pursuit of The Dalai Lama and Pope John Paul II Essay exa The Fruitless Pursuit of The Dalai Lama and Pope John Paul II I. Introduction: â€Å"Glinting orange through the green creepers, the Kombi family's mud-hut is barely visible now. Alphonse Kombi was murdered by militiamen in February. His wife, Bimosa, watched them eat his heart before they raped her, neighbours say. The trauma drove her insane. Two of the Kombis' four children had already died of malnutrition. Then, a fortnight ago, a distant relative came to collect the two survivors - an emaciated eight-year-old and four-year-old†¦ ‘I have come to try to prevent these ones from dying," said Mr Kiyana, pointing to the two boney forms slumped on the ward's concrete floor. With their skin drawn tight over fragile bones, the children's ages and their sexes were almost impossible to guess.’† 1 One can easily associate suffering with tragedies in third world countries like the story above. However, suffering is not only the physical abuse of victims; suffering is the psychological, emotional, and physical pain experienced by any being. This distress is not only a result of everyday activities, such as conversations that may or may not happen, suffering is a continuous presence despite what one may do to eliminate it. I believe that suffering is endless. Despite the efforts of influential men like the Dalai Lama or Pope John Paul II, suffering will still exist in several forms. If it was even possible to end the genocides that are taking place in countries like Tibet or Cambodia, suffering would still occur in my life, as I am separated from the ones I love or in my neighbor’s lonely and miserable life full of material prosperity. Therefore, although the Dalai Lama and Pope John Paul II have done much work towards this ultimat... ...it symposium. (United States of America: Fordham University Press, 1999) 34. 10 Cutler, Howard and the Dalai Lama, The art of happiness : a handbook for living (New York : Riverhead Books, 1998) 126. 11 Cutler, Howard and the Dalai Lama, The art of happiness : a handbook for living (New York : Riverhead Books, 1998) 114. 12 Cutler, Howard and the Dalai Lama, The art of happiness : a handbook for living (New York : Riverhead Books, 1998) 124. 13 Davidson, Richard J. Visions of compassion : Western scientists and Tibetan Buddhists examine human nature. (Oxford ; New York : Oxford University Press, 2002) 149 14 Piburn, Sidney, The Dalai Lama, a Policy of Kindness (New York: Snow Lion Publications 1990) 49. 15 United Nations. Dept. of Information. Pope John Paul II at the United Nations (New York : Dept. of Public Information, United Nations, 1980) 31

Monday, November 11, 2019

Archeology Book Review

Bruseth and Turner’s book is highlights the finding of La Belle Ship wreck that happened thee centuries ago only to be excavated in latter years of twentieth century. The ship was owned by La Salle, a French renowned sailor who intended to establish a colonial in the new world.According to the evidence, Belle carried supplies that the new colony would need, especially in the early stages of establishment. The astonishing amount of artifact collected from La Belle’s resulted to a thesis that the founding was indeed an outstanding achievement that buried myths of what happened to the ship as well as filling the gaps on information missing in previous stories, something that could not have been achieved without such amount of evidence.Though deeply scholastic, the book is organized chronologically that is, in a story format and therefore allows those with interest in history and archeology to read and understand. To begin with, the authors have provided a backgrounder on L a Belle. Readers are therefore well prepared for information contained in subsequent pages.The background information on the ship and the owner further helps in understanding the importance of the wreck not just as part of archeological scholarship but also as part of American history.The authors then build up their story with research on what the world thought happened to the La Belle and eventually provide a vivid description of the excavations process. All these lead to keeping the reader well interested in reading further and therefore getting more informed regarding the story, archeology and its processes.Bruseth and Turner consulted a wide body of sources in their work. However, the greatest and most important sources are the millions of artifacts, including skeletons, collected from the wreck. Indeed, it is from these artifacts that Bruseth and Turner lead to conclusion that La Salle was well determined to establish a new colony in the New World.Pictures of the artifacts are contained and well explained. Bruseth and Turner have described maps of the route followed by La Belle. Sources from scholars have also been used especially in relation to perceptions of La Belle whereabouts. In addition, Bruseth and Turner and the company has beenReferenceBruseth, J. & Turner, T. (2007). A Watery Grave: The Discovery and Excavation of La   Ã‚   Salle’s Shipwreck La Belle. Collage Station: Texas A&M University Press.

Saturday, November 9, 2019

How to Convert an Adjective to an Adverb

How to Convert an Adjective to an Adverb How to Convert an Adjective to an Adverb How to Convert an Adjective to an Adverb By Mark Nichol How do you determine whether the adverbial form of an adjective should end in -ly or -ally? For most adjectives, the reason to use -ally, rather than -ly, is that you’re adding -ly to a noun plus the inflection -al, which forms the adjective, as in emotionally, musically, or traditionally. You’re starting with emotion, music, or tradition, converting the noun to an adjective (emotional, musical, or traditional), and then adding -ly. But this process isn’t consistent. The adjectival form of romance is romantic, not romantical, nor are academical or sarcastical adjectival forms. But you can distinguish these exceptions by noting that the noun form of these words is not the word minus -al; those forms are the adjectival ones, and the noun forms are irregular: Romantic is derived from romance, not romant; academic comes from academy, not academ; and sarcastic stems from sarcasm, not sarcast. A generalization is that -ally follows words that end with the letter c; however, the adverbial form of public is publicly, not publically, and there may be other exceptions. In addition, some words bereft of the letter c, like sentimentally, are anomalously constructed. Note, too, that other major parts of speech include words that end in -ly: for example, the nouns ally and bully, the adjectives friendly and lonely, and the verbs apply and supply. (Also, adjectives ending in -ly have no adverbial form.) To summarize, if an adjective ends in -al, append -ly to produce its adverbial form. If an adjective does not end in -al, attach -ly without inserting -al first to transform it into an adverb. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:When to use "on" and when to use "in"Hyper and Hypo45 Idioms About the Number One

Wednesday, November 6, 2019

Mnemonic Devices

Mnemonic Devices Free Online Research Papers A mnemonic device can be defined simply as a learning or memory aid. Mnemonic devices are usually based on one’s learning style / ability. So they can either be visual, auditory or kinesthetic. Flocabulary.com notes that clearly there are two basic types of mnemonic devices â€Å"Those involving rhyme, and those involving a phrase where the first letter of each word stands for another word†. These two methods are known to be very effective in assisting and aiding memory. Although, the website continues to note that there a lot of different types of mnemonic devices like visual systems (where one creates a visual representation of the information), another one is the mnemonic link system (where an individual creates a story based on a list), the common peg system (where one would associate a number or numbers with a series of items/ situations), and last but not least the major system (where one would convert number into consonant sounds) Meaning I can summarize a visual mnemonic device can be anything from an apple to a zebra, the idea is an individual will relate a picture or an item they see, to an event, individual or place e.g. If one sees a picture of a zebra it will remind him of the details of his trip to Africa and he / she went on a safari and met his fiancà ©. An auditory mnemonic device can be anything from a poem to a song, ideally one will relate a song they’ve heard to a place they’ve been or a situation they have been through e.g. Frank Sinatra’s song New York New York, might remind a person of a concert he attended in New York City, where they saw something memorable. Now this would mean if there is a kinesthetic mnemonic device then a certain action would reminds an individual of a situation that happened or he witnessed, e.g. if someone was to remember how to unlock a puzzle, he would memorize remember a set of moves he used previously used for the puzzle. Research has clearly shown that in order for someone to remember information, It only becomes easier to remember the information one would have to first have to find it somewhere in your memory, whether an event or an item. If you want to be successful in school/ college or work you need to use active learning strategies that will help you store information and retrieve it. Mnemonic devices will definitely help you do that. The secret behind mnemonics is to code complex strings of information in a way that will be much easier to remember in the future. Two very common types of mnemonic devices are acronyms and acrostics. Acronyms are words that are made up of the first letters of other words. Acronyms usually assist you in remembering the first letters of items in a list, which in turn helps you remember the list itself. e.g. to remember the slogan/ mission and vision of our organization, I made up STEEL, which represented our motto as an organization, Safety First, Technology Leaders, Engineering Expertise, Emaratis Pride, Limitless Opportunities. Our company is known as Emirates Steel Industries. Acrostics are usually phrases that are made of words beginning with the first letter of other words. As mnemonic devices, acrostics support recall by helping you remember the list of keywords. e.g. I remember when we were kids, to memorize the colors of the rainbow, we were taught to sing Richard Of York Gave Battle In Vain, which as Red, Orange, Yellow, Green, Blue, Indigo and Violet. It is why over the last few decades and probably century, scientist have been arguing and discussing about the types and components of the human memory, they did not agree on all but they all have agreed that the main three components of the memory are the sensory register, the working or shot term memory and the long term memory. In summary the sensory register is where information that is in its original unprocessed form goes, the information has a limited duration, which means when the information is sent there it is going to stay for long. The working memory is where most thinking is believed to occur. The working memory is where new information is believed temporarily stays will it is being processed. This part of the memory has a limited capacity, so it doesn’t hold very much info at a time. The final component of memory is long-term memory, it has unlimited capacity so it never runs out of room. The Long-term memory has a relatively long duration, but the exact length of time is indefinite. It could be a day, a week, or even a lifetime. Long-term memory is facilitated when one connects new information to something they already know. Information that is in long-term memory can weaken over time and may be forgotten if it is not used regularly. (associatedcontent.com) There are several ways one can improve their memory, two examples are :- Regular exercise This increases the amount of oxygen getting to your brain Helps reduce the risk for disorders that lead to memory loss, such as diabetes and cardiovascular disease. Is known to enhance the effects of helpful brain chemicals and protect brain cells Good sleeping habits Sleep is necessary for memory consolidation. Sleep disorders like insomnia and sleep apnea leave you tired and unable to concentrate during the day. Research Papers on Mnemonic DevicesHip-Hop is ArtOpen Architechture a white paperThree Concepts of PsychodynamicAnalysis of Ebay Expanding into AsiaRiordan Manufacturing Production PlanMind TravelAnalysis Of A Cosmetics AdvertisementIncorporating Risk and Uncertainty Factor in CapitalResearch Process Part OneThe Project Managment Office System

Monday, November 4, 2019

INTERNATIONAL BUSINESS 10 QUESTIONS Essay Example | Topics and Well Written Essays - 500 words

INTERNATIONAL BUSINESS 10 QUESTIONS - Essay Example If there are adverse economic conditions affecting the business environment in one country, they may escalate and affect other countries and have a high chance of ending up adopting global proportions. Most of the smaller global firms might find themselves unable to adequately compete on the international market as a result of lack of enough resources. This might cause them to eventually be forced out of business. Political Risk is the risk that a business or individual’s investments could end up suffering a huge loss mainly due to a result of a country’s instability or political changes in a country’s legislative body, government, military control or other foreign policy makers. It is also commonly referred to as geopolitical risk, while economic risk is the risk that a country’s macroeconomic conditions like government regulations, exchange rates and political stability will affect a business entity’s investment in that country to be economically unsustainable as a result of its profit revenues not being sufficient enough to repay its debts and cover its every day operating costs. On the other hand, legal risk is the risk that a company’s business transactions will contravene the regulatory policies in a country or parties in a business contract are not able to enter into any business contract. Managers can manage political risks by better understanding the political uncertainties in a given country and employing the use of mitigation tactics like risk diversification, intellectual property safeguards and buying political insurance. A subsidy is a form of assistance made mostly by governments mostly in the form of tax deductions or cash payments, to businesses like producers and have the result of being distributed as subventions within a given industry with the intention of preventing the overall decline of that industry in the interest of the general public. 4. (TCO D) Despite its advantages, FDI has been described as an "expensive"

Saturday, November 2, 2019

To what extent should there be employee voice within the workplace and Essay - 1

To what extent should there be employee voice within the workplace and organisations - Essay Example Employee voice also helps the organizations to increase the overall performance level giving importance to the employees and creating an atmosphere where the employees can feel at home. It also helps to increase productivity and the quality of the products for a particular organization, as the higher authority appraises their employees and engage them to evaluate their performance (Marsden, 2009). Hereby, the prime objective of this study is to highlight the employee voice and its importance in today’s world. This paper would also include the present scenario of employee voice and how it is beneficial to the workplace of various organizations from an in depth view with illustrations. Employee voice is the practice where the employees or the workers have their right to put their opinions and to take part in certain decision-making activities. Employee voice includes employee’s behavior, attitudes, interests and openness among others. It helps an organization to be more stable and constructive which, in turn, leads to the overall development in the organizational productivity. It is worth mentioning in this context that employee voice is the process which enhances the performance of the employees to a specific extent. The employee voice not only includes all the employees, but also involves the various stakeholders related to the organization to effectively improve and manage the arrangements which already exist in the internal business environment. In other words, employee voice is the practice which satisfies the employee needs and assists an organization to implement various strategies with the help of opinions and viewpoints of the employees and manager s. In the present scenario, employee voice has become an integral role or part of the strategic improvement process implemented in organizations to enhance the quality of work and also to improve the relationship among the workers (Holley et al.,