Human Resources. com

Monday, February 15, 2021

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HR.com


HR.com, is a website that offers decision making information in the Human Resource Management field. It provides input on how to successfully manage the personnel side of a business. In order to access the detailed information one has to register for a free membership into the website. The site in loaded with daily news and weekly columns of different HR aspects. There are also eight HR communities that appear in colored tabs near the top of the page. These communities are Compensation and Benefits, HR Information Systems, HR Management, Labor Relations, Legal, Organizational Development, Staffing, and Training and Development. In each community there are different articles featured for taking action. There are some reverences to International HR within some articles, but there is not a specific section that deals with the topic exclusively. There is also information on purchasing a book, contracting a consultant, connecting with a peer for a HR question and a training center with products and programs that can be purchased online. I think this is a great site for a human resources manager to refer to; it's extremely detailed and is a constructive tool. It offers up to date information and various levels of input to assist in the decision making process. It helps a manager to keep learning and stay on top of issues affecting their job. Furthermore, I particularly like the existence of the 8 communities. The fact that they break up into different HR sections is a plus for the effectiveness of the website. The only weakness I found in this website was the membership section. In order to access any information as a first time user you have to apply for free membership. It's great that it's free, but the actual process of registration took a bit of time. Other than that it was a very useful site.


1. Given the unusual nature of MTV's business, what planning tools and techniques might be most useful? Explain your choices.


The planning tools and techniques that would be most useful to MTV would be, global environmental scanning, PERT networking, and quantitative forecasting.


Since MTV has such a profound global impact that attracts the youth of the world, the effective use of environmental scanning on a global level is essential to their continued survival. Some of the things that they should watch for would include current trends of today's generation of teenagers and the trends of tomorrow's, as they will both change. Competition that will adapt to these changes first will be in the best position to retain those customers. In addition, MTV should have a tailored local environmental scanning practice to ensure that local politics, economics and other power shifts are monitored, and report trends to the main office. As a recognized global name, MTV has a greater responsibility to ensure that its environmental scanning practices are ethical and legal. They should hire competent and effective managers who can lead in not only their particular country, but also in a world of continuous change.


The second planning tool that MTV can use effectively should begin it's annual planning by establishing a PERT Network. This network would provide the foundation for the entire year's goal. The annual MTV music video awards show would be the grand finale. An established team, that would have overall vision for the MTV program, should keep things on track, but for individual projects like concerts, parties and videos, they should carefully allocate a project manager for these individual and distinct projects. These project managers could use GANT or load charts that would outline their projects in great detail. They would tie their project in with the PERT network to provide a seamless timeline. The use of this type of planning would demand in depth planning, and forecasting of resources and budgets.


They use extensive quantitative forecasting by MTV would be a final technique that I would advise MTV to use. They would be able to predict the future behaviors of the next generation, economic trends and competition plans. Most importantly MTV would effectively study the habits and needs of young people so that they can meet those needs in the future. A valid benchmark for MTV would have to come from itself as BET is it's only threatening competition. No other music video program has the global depth and networking capability as MTV. For this reason, they need to consider the effects of cannibalization from their other owned businesses like VH1, and CMT. Although MTV strives to meet a larger market, their other companies target niche markets similar to BET.


If MTV develops these techniques and use them effectively to predict future trends and continue to meet the needs of their target audience, they will continue to be an effective entertainment business.


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The Steps in Purcahsing A Home

Thursday, February 11, 2021

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The road to your new front door may be short and smooth or very long and rough. In a buying a home, preparation is everything. Make sure you are physically, mentally and financially prepared. With this you need to have the time, energy and patience that's required to look at different homes. Review you credit history and financial status and be sure those things are in good status. Before making any other decisions, you would need to start thinking about the neighborhood or subdivision you would like to live in. Some of the things you would need to consider would be the school system you would like for your child or children.What type of home design you are interested in and what price range you can afford. In the book " The unofficial guide to buying a home" there is a form on page 56 that should be filled out when making a neighborhood or subdivision a choice. Some of the questions that are listed on the form are-what is the mileage and the amount of minutes it takes to get from your future home to the particular location. For example, how far are you away from you and your spouse job, your church, the children's school, the supermarket, and the closest hospital. All of these things are important when making a house your home.


In the first steps, you would need to decide if you want to search and close on a home on your own, or if you would like to go through a real estate agent. When making this decision, here are some questions you need to consider-are you prepared to deal all by yourself with mortgage loan officers, home inspectors, appraisers, surveyors, closing attorneys and others? Are you familiar with the conditions of a contract negotiation in the community where you intend to live? If you are aware the best loan offers? If you are familiar with the closing process in the state where you'll be buying your home? If you are not sure of the above questions, you will need to find a real estate agent to help you. When you are deciding on a real estate agent be sure to ask them for whom they work for, for how long and who is paying the commission (buyer, seller or both)? Once you have found a real estate agent, it is highly recommended and in some state mandatory that you sign a "Buyer Exclusive Agency Agreement". This contract establishes a relationship between you and your agent for a specific period of time. Once all of this is accomplished, you and your agent are ready to go looking at homes. To build a close relationship with your agent, always try to be on time for your appointments. Let your agent know when you are not interested in a certain home and when you are tired and ready to call it a day.When you have chosen a house, make sure you find out how many other people have looked at the home and for what reasons did they decide not to buy.Why are the sellers selling? Make sure you have a fact sheet that tells you the age of the home, the roof and other type of appliances and basic systems. What have they recently improved? How much are the utility bills? Which appliances stay?These are some of the basic questions that you need to ask.Once your mind I made up about the home don't overdo your visits. Wait until you move in to show family and friends, otherwise, you are inviting opinions that may be better left unexpressed.


Now it is time to negotiate your contract.Your real estate agent will help you negotiate a price with the seller. But before all that is done you will need to hire a home inspector. A home inspector is someone you hire to make sure that the home you plan to buy is sound and to advise you not to buy if your future safety and well being could be compromise. If you are satisfied with the inspection, you can proceed towards the closing, if not, you and the seller can agree to repairs the seller will make or either pay for. Once you have a contract on a home and make your application for a mortgage loan, your loan officer will ask you to pay for a credit report and an appraisal. The appraisal usually costs around $50.00, and it is to determine fair market value of the home you have under contract. You will also need a survey done, to show boundary lines and set back lines of the lot. Next, you will need title insurance, which is mandatory. This protects you against any liens or encumbrances that may have been placed on the property you are buying due to actions of any previous owners. It also recites the legal description of the property you're buying. Bit, most importantly it insures you against any legal action taken by a neighbor because of such easements or encroachments. Your title insurance policy generates your deed, which specifies the type of ownership you have chosen. Now that everything is getting settled, you should be ready to write an "offer". The form you'll use to write an offer is called a "contract". An "offer" is a formal, written proposal from you to the seller expressing what you're willing to pay for the home and the terms under which you'll buy it. Getting financed on a home is the first contingency in your contract.Sit down with your lender and discuss the type of financing that best suits your needs. When you visit your loan officer to purchase your contract he or she will customize a loan that matches you financial profile and the length of time you plan to live in your prospective home.


Once you have accomplished the negotiation, inspection, appraisal, and the tile insurance, you are now ready to begin the "closing".Make sure the settlement you will sign at closing accords with the terms of your contract. For example, make sure the purchase price is correct, that your earnest money has been added to your down payment, your closing cost line up with what your loan officer told you, the fees split between you and the seller have been divided correctly, and that the property taxes have been prorated accurately. Review your loan package at least two days before closing.


Cheap Custom Essays on The Steps in Purcahsing A Home


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The road to your new front door may be short and smooth or very long and rough. In a buying a home, preparation is everything. Make sure you are physically, mentally and financially prepared. With this you need to have the time, energy and patience that's required to look at different homes. Review you credit history and financial status and be sure those things are in good status. Before making any other decisions, you would need to start thinking about the neighborhood or subdivision you would like to live in. Some of the things you would need to consider would be the school system you would like for your child or children.What type of home design you are interested in and what price range you can afford. In the book " The unofficial guide to buying a home" there is a form on page 56 that should be filled out when making a neighborhood or subdivision a choice. Some of the questions that are listed on the form are-what is the mileage and the amount of minutes it takes to get from your future home to the particular location. For example, how far are you away from you and your spouse job, your church, the children's school, the supermarket, and the closest hospital. All of these things are important when making a house your home.


In the first steps, you would need to decide if you want to search and close on a home on your own, or if you would like to go through a real estate agent. When making this decision, here are some questions you need to consider-are you prepared to deal all by yourself with mortgage loan officers, home inspectors, appraisers, surveyors, closing attorneys and others? Are you familiar with the conditions of a contract negotiation in the community where you intend to live? If you are aware the best loan offers? If you are familiar with the closing process in the state where you'll be buying your home? If you are not sure of the above questions, you will need to find a real estate agent to help you. When you are deciding on a real estate agent be sure to ask them for whom they work for, for how long and who is paying the commission (buyer, seller or both)? Once you have found a real estate agent, it is highly recommended and in some state mandatory that you sign a "Buyer Exclusive Agency Agreement". This contract establishes a relationship between you and your agent for a specific period of time. Once all of this is accomplished, you and your agent are ready to go looking at homes. To build a close relationship with your agent, always try to be on time for your appointments. Let your agent know when you are not interested in a certain home and when you are tired and ready to call it a day.When you have chosen a house, make sure you find out how many other people have looked at the home and for what reasons did they decide not to buy.Why are the sellers selling? Make sure you have a fact sheet that tells you the age of the home, the roof and other type of appliances and basic systems. What have they recently improved? How much are the utility bills? Which appliances stay?These are some of the basic questions that you need to ask.Once your mind I made up about the home don't overdo your visits. Wait until you move in to show family and friends, otherwise, you are inviting opinions that may be better left unexpressed.


Now it is time to negotiate your contract.Your real estate agent will help you negotiate a price with the seller. But before all that is done you will need to hire a home inspector. A home inspector is someone you hire to make sure that the home you plan to buy is sound and to advise you not to buy if your future safety and well being could be compromise. If you are satisfied with the inspection, you can proceed towards the closing, if not, you and the seller can agree to repairs the seller will make or either pay for. Once you have a contract on a home and make your application for a mortgage loan, your loan officer will ask you to pay for a credit report and an appraisal. The appraisal usually costs around $50.00, and it is to determine fair market value of the home you have under contract. You will also need a survey done, to show boundary lines and set back lines of the lot. Next, you will need title insurance, which is mandatory. This protects you against any liens or encumbrances that may have been placed on the property you are buying due to actions of any previous owners. It also recites the legal description of the property you're buying. Bit, most importantly it insures you against any legal action taken by a neighbor because of such easements or encroachments. Your title insurance policy generates your deed, which specifies the type of ownership you have chosen. Now that everything is getting settled, you should be ready to write an "offer". The form you'll use to write an offer is called a "contract". An "offer" is a formal, written proposal from you to the seller expressing what you're willing to pay for the home and the terms under which you'll buy it. Getting financed on a home is the first contingency in your contract.Sit down with your lender and discuss the type of financing that best suits your needs. When you visit your loan officer to purchase your contract he or she will customize a loan that matches you financial profile and the length of time you plan to live in your prospective home.


Once you have accomplished the negotiation, inspection, appraisal, and the tile insurance, you are now ready to begin the "closing".Make sure the settlement you will sign at closing accords with the terms of your contract. For example, make sure the purchase price is correct, that your earnest money has been added to your down payment, your closing cost line up with what your loan officer told you, the fees split between you and the seller have been divided correctly, and that the property taxes have been prorated accurately. Review your loan package at least two days before closing.


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Please note that this sample paper on The Steps in Purcahsing A Home is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on The Steps in Purcahsing A Home, we are here to assist you. Your cheap research paperson The Steps in Purcahsing A Home will be written from scratch, so you do not have to worry about its originality.


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Technology and Workplace Stress

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The debates over whether technology has increased or alleviated workplace stress are endless. One argument maintains that technology has created a more stressful work environment; electronic handcuffs that employees can never escape. Conversely many argue technology reduces workplace stress, allowing more efficient communication, enhanced learning, and the ability to work from anywhere. Regardless, management must be conscience of the ethical concerns involving the relationship between technology and workplace stress.


Due to high availability of information as result of technology average businesspersons "shift concepts at least seven to eight times per hour" this accumulates to a total of 60-70 times per day, each shift compiling workplace stress (Cryer, 16). A barrage of phone calls, voicemails, emails, instant messages, meetings, videoconferences, webinars, and physical requests that all must be responded to immediately, leave little or no time to focus and possibly actually enjoy work. Employees with mid-level jobs and especially managers most likely have a hard time feeling a sense of accomplishment at the end of the day, week, and year. Computers specifically have supposedly enabled us to multitask, or work on several things at once. "Many people simply cannot work enough hours to respond to all the information" (Cryer, 16). It is the responsibility of management to set priorities for employees and provide them with avenues to deflect some requests, such as an automated email response.


Two components of technology that can also lead to workplace stress are the loss of privacy and surveillance by IT and management. Cell phones, pagers, PDAs, Blackberrys, and VPN access ensure that employees are always accessible, even on vacation. These electronic handcuffs cause work factors and responsibilities to interfere with personal lives. Additionally, in many organizations emails and files are audited and recorded by IT, possibly contributing to less creativity. Research from the Journal of Sociology argues monitoring by IT does not have significant negative impacts on workplace stress (Yeuk-Mui, 001).


A study in the journal Management Services (000) found that 5% of workers in interviewed strongly disagreed that technology was the cause of workplace stress. Additionally, the study also found that one-third of all employees reasoned technology had improved their quality of life. How can an inability to focus due to multiple means of communication and possible loss in creativity due to surveillance actually improve quality of life and eliminate stress? While sometimes being a hindrance, technology allows employees to communicate with mass groups of people effectively. Furthermore it allows for increased mobility; work can be done from home, on a train, on a plane, etc. While one might argue this amounts to just more work, this may also equal less or more efficient work. If work can be done during idle time while traveling, perhaps this will free up time later for a day off to spend with the family. A videoconference can eliminate the travel time required for a crucial meeting, thus freeing up time. It is essential for employees and especially managers to maintain the proper use of technology to work smarter, not harder.


Management has an ethical responsibility to be aware of and attempt to limit workplace stress whether caused by technology or not. Stress prevention programs can be sub-divided into primary methods or reduction of work environment stressors, secondary methods or stress management via training, and tertiary methods or Employee Assistance Programs (Dewe, 14). Unfortunately these programs have problems being initially approved by management and more detrimental is that most are not follow through or a one-time deal, not the necessary ongoing process. The development of workplace stress reduction programs is often "hampered by issues of power, control and ethics" (pg. ).


In conclusion, technology has both positive and negative impacts pertaining to workplace stress. If workplace stress is apparent, managers have an ethical responsibility to implement some type of stress reduction program.


Cryer, Bruce A. (16). Neutralizing workplace stress the physiology of human performance and Organizational Effectiveness. Presented at Psychological Disabilities in the Workplace. Toronto, Canada. 1-15.


Dewe, Philip (14). EAPs and stress management. Personnel Review. Vol. . Issue 7, p1, 1p.


Management Services (000). New technology not to blame as stress figures soar. Enfield. 1-


Yeuk-Mui, May Tam (001). Information technology in frontline service work organization. Journal of Sociology. V7 i p177. 1-0.


Please note that this sample paper on Technology and Workplace Stress is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on Technology and Workplace Stress, we are here to assist you. Your cheap college paperson Technology and Workplace Stress will be written from scratch, so you do not have to worry about its originality.


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Leonardo da Vinci

Wednesday, February 10, 2021

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Leonardo was born in 145 and died 151. Leonardo da Vinci is a well known artist who captured the elusive smile of the Mona Lisa and envisioned the Last Supper which many people now associate him with. However, Leonardo da Vinci was perhaps even more accomplished as an "artist-engineer" of the Italian scientific Renaissance which set him apart from the other artists of the time as well as a mathematician, philosopher, naturalist, astronomer, architect, and musician. While quite a lot is known about his works of art, not as much is known about his hundreds of scientific and engineering designs which were well ahead of his time and placed him considerably high in the development of the Italian Renaissance in the arts and sciences. He contributed in a lot of different art styles. He was Born in Vinci, Tuscany, he was the son of a Florentine notary and a peasant girl. His precocious artistic talent brought him to Verrocchios workshop in 1466, where he met Botticelli and Ghirlandaio. The culmination of his art in this first period in Florence is seen in the magnificent, unfinished Adoration of the Magi, with its characteristic dramatic movement. In 1484 and 1485 drew his attention to town planning, and his drawings and plans for domed churches reflect his concern with architectural problems.


Leonardos Last Supper is a wonderful piece with much hidden meaning and obvious talents bestowed upon a wall. Leonardos was able to use his skills in creating a very detailed and a very naturalistic piece of work that would be remembered hundreds of years. His portraits were not the only the characters magnificent, but the symbolism he used which emphasized the story being in the last supper. Thats why Lodovico Sforza (another great artist) chose Leonardo to create the Last Supper in the refectory of the Dominican Church. He worked on this painting from 145 through 148. Before Leonardo started painting the picture, he put down a substance which was suppose to absorb the temporal and protect the temporal from the moisture on the wall. Unfortunately, the substance was proved unsuccessful, and by 1517 it began to deteriorate. The painting has continued to decay the following centuries. It was further damaged by restorations made by careless artists. The painting the last supper is a part out of the bible, the last supper that god had when he was alive on earth. Leonardo made it so the viewers are able to recognize this scene by the gestures both the Lord and the Apostles.


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Why do airlines collect statistics?

Tuesday, February 9, 2021

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Report of "Why do airlines collect statistics? Definition and illustration of how to use five different statistics to compare airlines.?


Twinsen, KC Wong


Student number 057075


(A) Why do airlines collect statistics? Define and show how to use five different statistics to compare airlines using some real examples.


This report will illustrate the reasons of airlines collection of statistics, definition of statistics, and comparison of airlines.


Statistics in aviation are significant for the aviation industry. Statistics in aviation are widely studied and applied by organizations, companies and other individuals; for example, aircraft manufactures, airlines, aviation organizations, governments and students. Using statistics can increase productivity, profitability, efficiency of marketing, revenue and other financial benefits. Many organizations and companies offer aviation statistics. There are the organizations, which provide statistics in aviation


?ICAO


?IATA


Also, government bodies offer statistics in aviation


?Department of Transport


?ABS


?BTEC


Moreover, statistics in aviation can also be found


?Aircraft manufacturers (for example, the Boeing company)


?Airline annual reports


?Other airlines analysis


Statistics in aviation are usually collected by the governments, airlines and other users with uniform and comprehensive financial and market statistical economic data on individual air carrier (airline) operations and the air transportation industry. Statistics in aviation can be easily found in the Internet. Visiting the websites of the above organizations and companies is available for collecting statistics in aviation.


The statistics in aviation are dreadfully useful for airlines. The statistics in aviation are useful for


?Measurement of performance in operational, financial, and combinations of both.


?Measurement of demand and supply


?Competition comparison and market sharing


Statistics is studied for the measurement of performance in operational, financial, and combinations of both. They are useful for airlines to maintain and improve the performance in operational and financial. Increase of revenues and efficiency would take place. Also, the study of aviation statistics is useful for measurement of demand and supply. For example, statistics take an important role for forecasting demand of a route. Airlines can increase the revenue and efficiency by forecasting the demand of a route. Furthermore, competition comparison and market sharing can be studied by statistics. Airlines can make decisions by considering or study of statistics. For instant, study of statistics is significant for the decision of adding a route. Since airlines should consider the competition and market sharing among other airlines, they should consider those factors before making a decision. Therefore, statistics are significant for aviation industry.


Statistics are utilized to compare airlines. Using five different statistics is able to compare airlines. They are


1.Aircraft operating characteristics


.The efficiency of marketing


.Productivity


4.Profitability


5.Revenue


Aircraft operating characteristics


Statistics of aircraft operating characteristics are studied to compare airlines. Airlines own a certain number of aircrafts to operate their services. Airlines usually own a number of different types of aircrafts. Aircrafts differ in their operating characteristics


?Size


?Operating range


?Speed


?Aircraft utilization


Size


In size, generally, the larger the aircraft the more expensive it is to operate. However, conversely in unit cost terms they are very cheap. Unit costs are the costs of producing a unit of production, for example, cost per ASK or cost per ATK. Simply, unit costs are calculated by dividing expenditure by ASK or ATK. Since large aircrafts have a large number of available seats and a large amount of power for freight loads, ASK and ATK would be large, results unit costs would be low. The definition of expenditure will be given later on.


Operating Range


Different types of aircrafts operate different ranges. Every aircraft has its limit of operating ranges. Airlines schedule their flights with considering their operating ranges. Long range operating aircraft flies a long range. The higher cost per ATK the shorter aircraft distance is.


The longer the distance the less fuel is being used per km.


Speed


Aircraft speed affects unit costs. Unit costs is affected by the effect on an aircraft's hourly productivity. Since hourly productivity is the product of the payload and the speed, the greater an aircraft's cruising speed the greater will be its output hour. Some elements of cost might be higher for a faster aircraft. Fuel consumption might be slightly higher. However, assuming other things are equal, the cost per tonne-kilometer for the faster aircraft would be lower.


Aircraft utilization


Aircraft utilization is a measurement the number of hours per day that the aircraft operates for its airline. It is important to collect this data since airline can find out the number of hours that they use their aircraft, which allows them to determine how often they fly to a particular destination. The higher this factor gets, the more efficient the aircraft is. Therefore, a higher output is created. As a result, a higher profit can be made. This also allows the airlines to keep as a record to determine when they should do their regular technical inspection, it helps better maintenance of the aircraft.


The graph above illustrates the statistics of aircraft utilization of Cathay Pacific Airways over the past 10 years. Obviously, it had been rising from , and stopped in 00. In 001, it was decreased.


Efficiency of marketing


Efficiency of marketing is considered for comparison of airlines. Marketing is involved in deciding what should be produced as swell as how it should be sold. The role of airline marketing is to bring together the supply of air services, which each airline can largely control, with the demand, which it can influence but not control, and to do this in a way which is both profitable and accomplishes the airline's commercial objectives. There are three items considered in efficiency of marketing


?Seat Factor


?Load Factor


?Yield


Seat factor


Seat factor is defined as passenger load factor, which is calculated by RPKs as a percentage of ASKs. Simply, seat factor is the percentage of passenger of seats. According to Singapore Airlines 001 Annual Report, the seat factor of SIA in 001was 74%. It was dropped down from 76.8% to 74% from 000 to 001.


Load factor


Load factor is defined as freight load factor, which is calculated by FTKs as a percentage of ATKs. In addition, FTKs is the number of revenue tonnes of freight multiplied by the distance flown, and ATK is the number of tonnes of capacity available for the carriage of revenue load (passengers and cargo) multiplied by the distance flown.


Yield


Yield is calculated by revenue dividing by RPK. The unit of yield is cent/RPK or cent/km.


Productivity


Productivity of an airline is measured by items


?Cost per ATK


?ATK per employee


?Aircraft utilisation


Cost per ATK


Cost per ATK is calculated by dividing operating cost by ATK. Operating cost is identified as Direct Operating Costs (DOC) and Indirect Operating Costs (IOC).


The above graph is the 10 years statistics of Cost per ATK Cathay Pacific Airways. Cost per ATK had been dropping down from , stopped in , rising since .


ATK per employee


ASK per employee is calculated by dividing ASK by the number of staff.


The graph above shows the ATK per staff cost in HKD ?00. Obviously, it has been increasing over these 10 years.


Aircraft utilisation


Aircraft utilisation has been given above.


Operating Cost


Structure of operating costs


Direct Operating Costs (DOC)


1.Flight operations


.Maintenance and overhaul


.Depreciation and amortization


Flight operations include


?Flight crew salaries and expenses


?Fuel and oil


?Airport and en route charges


?Aircraft insurance


?Rental/lease of flight equipment/crews


Maintenance and overhaul include


?Engineering staff costs


?Spare parts consumed


?Maintenance administration (could be IOC)


Depreciation and amortization include


?Flight equipment


?Ground equipment and property (could be IOC)


?Extra depreciation (in excess of historic costs)


?Amortization of development costs and crew training


Indirect Operating Costs (IOC)


1.Station and ground expenses


.Passenger services


.Ticketing, sales and promotion


4.General and administration


5.Other operating costs


Station and ground expenses include


Ground staff


Buildings, equipment, transport


Handling fees paid to others


Passenger services


Cabin crew salaries and expenses (could be DOC)


Other passenger service costs


Passenger insurance


Profitability


Profitability is defined as financial gain.


There are three significant factors which have an effect on profitability


?Seat factor


?Unit Revenue


?Unit Cost


There are several methods to improve profit


?Decrease unit costs


?Raise passenger yield


?Increase seat factor


Airlines can decrease unit costs by


oIncreasing aircraft seating capacity


oOperating bigger and/or more efficient aircraft


oReducing overhead costs


oIncreasing productivity of labour and equipment


Airlines can raise passenger yield by


oIncreasing fares


oImproving mix of fares


Airlines can increase seat factors by


oReducing capacity


oEliminating or reducing competition


oImproving schedules. i.e. increase efficiency


Unit Costs


Unit costs are the usual form of economic and comparative analysis. It is the costs of producing a unit of production. Unit cost is found by dividing expenditure by ASK or ATK. The unit is cents/ASK or cents/ ATK.


SIA Annual Report 001 shows that, unit cost in 001 was 7. cents/ASK.



Revenue



Revenue of airlines consist are income from


?Passenger traffic


?Passenger yield


?Freight load


?Freight yield


Passenger traffic


Passenger traffic is measured in number of passengers or RPK.


Passenger yield


Passenger yield is calculated by dividing passenger revenue (in cents) by RPKs. The unit is cents/km or cents/RPK. According to SIA Annual Report 001, the passenger yield of SIA dropped from .4 to .0 from 000 to 001 (in cents/km). SIA carried 14,765,000 passengers.


Freight load


Freight load is measured in amount of tonnes of cargo and mail carried. According to Cathay Pacific Airways Annual Report 001, the cargo and mail load factor in 001 was 67.%.


Freight yield


Freight yield is calculated by dividing freight revenue by ATKs.


Other sources can be part of revenue such as activities of finance, leasing, and charters.


The total revenues of SIA from 7 to 01 are


Year001-0000-011-0018-17-8


Total revenue ($ million),447.8,51.,018.87,85.87,81.8


Total revenue had been increasing rapidly from 7 to 8. However, from 00-01, it was dropped down from $,51.M to $,447.8M.



Conclusion


Statistics in aviation are collected by airlines. Aircraft manufactures, government bodies, aviation organizations and airline annual reports give statistics in aviation. Airlines collect statistics because airlines can study the measurement of performance in operational, financial and combinations of both. Also, they can measure the demand and supply by statistics. Moreover, airlines can measure competition comparison and market sharing.


Finally, to compare airline costs, statistics in aircraft operating characteristics, efficiency of marketing, productivity, profitability and revenue are considered.


Bibliography


Rigas Doganis, 11 "Flying Off Course, The Economics of International Airlines? Routledge


Singapore Airlines Annual Report 01/ 0


Cathay Pacific Airways Limited Annual Report 001


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To Thine Own Self be True

Monday, February 8, 2021

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Never be ashamed of who you are or where you came from. Always be true to yourself and others will be true to you. Dee always tried to be someone else. She was never truly satisfied with who she was. Dee had to go to college, have the nice clothes and associate with the right people. She distanced herself from her poor mother and sister. The story "Everyday Use" by Alice Walker is told by a mother who wishes her oldest daughter Dee would appreciate her and her young sister, Maggie. The mother tells of how Dee treats them as if they were ignorant and pathetic. Dee never appreciated the life her mother tried to provide. Dee didn't want to be recognized as poor black folks until her days in college when it became popular. Dee walked all over her mother and Maggie thinking she was much better than them. Dee's mother is tired of Dee's pompous attitude and lets her know that Maggie is the one who truly loves and appreciates what they have. The story is written in first person narrator. Dee's mother, the narrator of the story, is described as a large, hardworking, masculine black woman. The point of view affects the theme and emotions by helping me to be able to relate better to the narrator and by giving me a closer insight on the mother's feelings toward her daughters.


The mother in this story is a large, masculine woman who is hardworking. There was no mention of a man or husband in this story. She had to provide a living for her children, and in the 140's there were no modern day conveniences. "In real life I am a large, big-boned woman with rough, man-working hands" (10). If the burdens of life all fall on one person, the proof of their strength and determination would show in their hands.


As the mother shares her dreams and hopes of reconciliation with her daughter and the reality of what her life is really like, the emotions of the reader encompasses sympathy for the mother, annoyance of the self-righteous daughter, and compassion for the quiet, meek daughter, Maggie. I feel sympathetic towards the mother because all she really ever wanted was for Dee to appreciate the life she had made for her. Dee was tacky and snobbish to her mother's efforts, and nothing was ever good enough. In the story, the mother mentions how Dee truly feels about her and the life she lived. "She pins on my dress a large orchid, even though she has told me once that she thinks orchids are tacky flowers" (10). The flower symbolizes the way Dee feels about her life. The mother wants Dee to grow up and realize that she does not have to despise her upbringing. She just wants her to be happy and know the joy of having someone who loves her and cares for her. She wants Dee to say, Mama, I am sorry and thank you for everything you have done. She wants to be appreciated for all her hard work. I feel annoyed by Dee because of the way she treats her mother and sister. The quote that really jumps out and describes how disrespectful Dee is towards her mother is "Then she puts the Polaroid in the back seat of the car, and comes up and kisses me on the forehead" (1). When she kissed her mother on the forehead, she showed that she felt she was higher than her mother, and she felt sorry for her and for the way her mother lived. I feel complete compassion for Maggie. Her physical appearance alone makes me feel sensitive to her character "Maggie will be nervous until after her sister goes she will stand hopelessly in corners, homely and ashamed of the burned scars down her arms and legs, eying her sister with a mixture of envy and awe" (0). Maggie envies the fact that Dee is outgoing and is not afraid to go for the things she wants.


From the mother's standpoint her struggles in life made her a stronger person, and she takes pride in all her accomplishments. The mother and Maggie truly did value their heritage, their loved ones and their heirlooms in their lives. On the other hand, Dee in her younger years looked at the things as embarrassing, and then later in life she viewed them as status symbols. Maggie and her mother saw the joy in their lives where as Dee was always looking for something better in life. Even in their meager surroundings, Maggie and her mother were happy. "And then the two of us sat there just enjoying, until it was time to go in the house and go to bed" (18). After Dee had left, things quieted down, and Maggie and her mother realized a sense of satisfaction with themselves even if Dee could not find it for herself.


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The author made a good choice on choosing the first person participant for this character because I felt her disappointment in her daughter, Dee. I feel that if the author had made the character first person observer I would not have related to the theme as I do now. The author gains closeness to reader.


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The australian and international regulatory framework of identifiable intangibles

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Australians move towards complying with International Accounnting Standards by January 005 provides some very tangible issues. The new accounting standards IAS 8 prohibits the recognition of internaly generated brands, mastheads, publishing titles and customers lists. The reasoning for this is based on the requirement of recognition an intangible sset at cost and that determining the cost of these items is not possible. the question we should be asking is will convergence with this IFRS on intangible assets result in improved financial reporting for a company to provide better information to an investor and therefore be in the best interest of Australian economy. In this regard, specify the australian and international regulatory framework and key disclosure aspects of identifiable intangible. Examine menthod used to value identifiable intangibles and evaluate them in the light of informaiton usefulness.Australians move towards complying with International Accounting Standards by January 005 provides some very tangible issues. The new accounting standards IAS 8 prohibits the recognition of internally generated brands, mastheads, publishing titles and customers lists. The reasoning for this is based on the requirement of recognition an intangible asset at cost and that determining the cost of these items is not possible. the question we should be asking is will convergence with this IFRS on intangible assets result in improved financial reporting for a company to provide better information to an investor and therefore be in the best interest of Australian economy. In this regard, specify the australian and international regulatory framework and key disclosure aspects of identifiable intangible. Examine method used to value identifiable intangibles and evaluate them in the light of information usefulness. Considering the definition of assets defined by Conceptual Framework describe what should take place in respect of recognition, measurement and disclosure of identifiable intangibles in financial reports


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