Tuesday, December 31, 2019
Why Do Animals Become Endangered - Free Essay Example
Sample details Pages: 4 Words: 1295 Downloads: 6 Date added: 2019/10/30 Category Environment Essay Level High school Tags: Endangered Species Essay Did you like this example? Throughout the years different species of animals have existed, many have come and go. Years ago there were various species. Many dont exist anymore and some have never even been heard of. Donââ¬â¢t waste time! Our writers will create an original "Why Do Animals Become Endangered?" essay for you Create order As time goes by species continue to go endangered and extinct faster and faster every time. Each year ecosystems, habitats and species are added to the endangered list. The increase in endangered species is a big issue that raises concern because every species provides something that all humans need. For example, bees are responsible for more than half of the food that is consumed worldwide. Actions to prevent this issue from continuing to skyrocket need to happen and there are a few things that people can do to help prevent new species from being added to the list and to help those that are already on the list. There are various reasons as to why animals are endangered, there are actions taking place to help reduce this issue but there are also things that everyone can do to help reduce this problem. There are few solutions that are offered in order to help species in their environments but they are only temporary. In the article titled, Endangered Species, Ecosystem Integrity, and Human Livelihoods, the author Aburto-Oropeza states, The behavior of quick-fix-type management, in which longer term environmental degradation is not addressed, vast sums of money are invested, and social well-being left unconsidered is by no means sustainable. (Aburto-Oropeza) As this quote states, sometimes there are fixes that are implemented but they dont really offer a solution because they only work for a short period of time. There is nothing set in place that can guarantee the safety of these species in a long term period of time. When new establishments want to be built, or people want to go out fishing or hunting there are regulations set in place in order to attempt to protect animals and their habitats but theyre not always successful. The article, Endangered Species, Ecosystem Integrity, and Human Livelihoods states, Successful management, on the other hand, should be focused on longer term goals with minimal or zero governmental subsidies (Sumaila Pauly 2007), and no additional risk to the integrity of local ecosystems. (Aburto-Oropeza) Having successful regulations for this issue would mean that no habitats or ecosystems are destroyed in the making of new buildings or in fishing or hunting but sadly that isnt the case. Ecosystems and habitats are constantly being destroyed while these regulations are in place, which goes to show how much work still has to be done in order to save the animals that are have left. However there are some things being done successfully. For example, there are now acts and laws set in place in order to ensure a bit more safety for animals, such as the U.S Endangered Species Act which focuses on preventing extinction of animals from the endangered list, however, even this is not enough. In the article Consistent Extinction Risk Assessment under the U.S. Endangered Species Act, the author Boyd, Charlotte states, Identifying species at risk of extinction is essential for effective prioritization of conservation actions in the face of accelerating biodiversity loss (Butchart; Boyd). Listing decision depend on science-based risk assessment and policy decisions about societys willingness to tolerate risks. (Boyd) In order to give certain species attention there needs to be some kind of prioritizing system set in place, which the act provides but this leads to some species becoming extinct because of the fact that not all of the species can get the attention they need in the time necessary. The article, Consistent Extinction Risk Assessment under the U.S. Endangered Species Act, states, Nevertheless, allowing populations to fall below critically low abundance thresholds may lead to a sharp reduction in the chances of recovery while the costs of recovery efforts increase. (Boyd) This explains how even when species that are on the list or at high risk get all the attention needed it is possible that recovering them can become very expensive. The best way to avoid losing these animals is to prevent them from becoming endangered in the first place. Things that can be done are simple, for example, not littering, not hunting or fishing for fun, if one is going to build a home or a structure follow the regulations to avoid destroying an ecosystem, simple things like these can go a long way. According to the website www.worldwildlife.org there are a lot of endangered species and within the species specific kinds of animals are dying. For example there about nineteen species that are critically endangered, twenty eight endangered, eight species threatened and eighteen vulnerable to endangerment. These species are crucial to the environment and survival of humans. For example, bees are crucial to the environment, livelihood and the majority of the food production worldwide but they are endangered. Some species are at higher risks and some are new to the list, nonetheless, it is urgent that they are protected. The U.S Endangered Species Act has played a crucial role in conserving these species that are vital to survival, which makes protecting it very necessary, according to the world wildlife website this act is the most effective law to prevent extinction. According to the www.worldwildlife.org website under How to help and Follow these green tips, there are a number of things that can be done to help. For example, when doing laundry use the low setting to save water and use cold water to wash clothes in order to save up to eighty percent of energy required to wash clothes. By saving water and reducing the use of energy, the overuse of elements from habitats is minimized, therefore protecting ecosystems and the animals living in them. Another thing to do is switching light bulbs from incandescent light bulbs to a compact fluorescent light in order to save 150 pounds of carbon dioxide per year. This limits the amount of excess carbon dioxide that can become harmful and even deadly to animals and damage habitats. By purchasing fresh, local food one can reduce the amount of oil used in transportation of the food. This can reduce the amount of oil that is dumped into the oceans and kill thousands of animals at a time. Using reusable grocery bags reduces the amount of plastic that ends up in the ocean. Plastic is a big issue animals consume it believing it is food, some marine life end up tangled in plastic traps, for example, plastic holders from sodas or juices. Making sure faucets dont leak in your home or making sure windows are properly sealed maintains the use of water and energy to the minimum. Recycling is one of the best things one can do to help protect ecosystems, habitats and animals. Recycling 1 ton of paper saves 7,000 gallons of water, 3 cubic yards of landfill space and 4,100 kilowatt-hours of electricity. When washing dishes at home by hand close the tap when s crubbing the dishes. Also, use a microwave ovens instead regular ovens because they are about 95% more energy-efficient. Taking shorter showers reduces saves water and using less paper reduces the amount of trees having to be cut in order to produce more paper. These are only a few things that one can do to preserve natural habitats and ecosystems and protect animals. Now a days this is a topic that had been addressed more and more, with good reason. Although it may not be completely obvious how animals contribute to life in general, it is crucial that they are protected because the more animals that become extinct the more the human livelihood decreases. The food, the environment, the views, the air, everything would be harmed in ways that could become impossible to fix.
Monday, December 23, 2019
Essay On A Day At School - 759 Words
ââ¬Å"Ouchâ⬠I yelped for the third time. But the elbow that had poked me, darted back under a canvas. I sighed as I put down my paintbrush coated in yellow. I loved art, but lately it had been tiring to sit down and focus. ââ¬Å" Come on Neenaâ⬠said my best friend Ana. Ana was also the one that had been poking me with her elbow. ââ¬Å"You could at least try something new once in awhileâ⬠she said. ââ¬Å"Fineâ⬠I replied. ââ¬Å"Maybe Ill go ask Ms. Zana if I could go to photography with you for a couple months.â⬠After class, Ana dragged me by the arm towards the door of the classroom. She was about to open it when we realized that there were voices coming from inside the room. ââ¬Å"How am I supposed to tell them that Im leaving,â⬠we heard Ms. Zana voice say.â⬠¦show more contentâ⬠¦In fact, it had been really hard convincing her to do this class with me at the beginning of the school year. She had wanted to go to this summer camp where you basically spent the entire day, outdoors. ââ¬Å"Come on Neena , we only ever do things that you like, never things that I doâ⬠I remembered saying. Suddenly everything came back in a flash, and I remembered the conversation that had just occurred. I rushed forward to Ana. ââ¬Å"Wait up!,â⬠I called. Ana whipped her head behind her and muttered ââ¬Å"what do you wantâ⬠Several different thoughts rushed through my head, but I felt none of them were good enough to apologize for what I had done. ââ¬Å"Wellâ⬠Ana snapped as she started to walk back down the bumpy sidewalks. ââ¬Å"Wait!â⬠I called once more not wanting to fully lose my best friend. ââ¬Å"Ana sighed and stopped walking. She took off her jacket and laid it on the edge of the sidewalk, making room for the two of us to sit down. Perched on the edge of a sidewalk, we stared in silence at the trees blowing in the autumn wind, back and forth. ââ¬Å"Can we just forget?,â⬠asked Ana. ââ¬Å"Forget about what?â⬠I asked Ana, who was twiddling her thumbs nervously. ââ¬Å"Everything, well just go back to being best friends, after all, its what weve always been? ââ¬Å"Fine I said exhalingâ⬠ââ¬Å"Hot chocolate?â⬠Ana asked with a grin. ââ¬Å"You go ahead,â⬠I said, Ill just get something from across theShow MoreRelatedSchool Day Essay1510 Words à |à 7 PagesModern day education has been plagued by its past, and the only way to fix this issue is to find effective ways to bring education into the present. Many decades ago the problem of school, for students, was rooted behind work. Farming families relied on their children to help on the farm and to prepare for harvest. This instigated reform in schools nationwide, causing the school day to be shorter to allow kids to work. This narrative is becoming non-existent in todayââ¬â¢s society, and studentââ¬â¢s educationsRead MoreEssay on A Day in School Life692 Words à |à 3 PagesA Day in School Life The day begins with a high-pitched yell, moooooooorninnnnng from my mother. I wake up tired with a headache as I think I have a cold. I rush to leave the house, my father complains about the lack of urgency in my movement by shouting out the time every five minutes. There is not enough time to drink my tea; the tea burns my tongue as I gulp it down my throat, leaving a nasty taste. I ran as fast as I can towards my bus stop. Upon arriving I realizeRead More the first days of school Essay609 Words à |à 3 Pages In this first unit of The First Days of School, Harry Wong presents three characteristics of an effective teacher. The three characteristics are: has good classroom management skills, teaches for mastery, and has positive expectations for student success. The effective teacher exhibits positive expectations for all students. Having positive expectations simply means that the teacher believes in the student and that the student can learn. Students will live up to the expectations you set, and toRead More Longer School Days Essay943 Words à |à 4 PagesLonger School Days Schools are so much a part of our society, so the accurate length of school days is extremely important. Public opinions on the length of the school days are different. There are a lot of parents and professors concerned that it is hard for children to go to school early in the morning and stay there the whole day. On the other side, some professors try to force students into a nine hour school day. Not so many years ago, school was a main part of my life, and the schoolRead MoreEssay on The First Day of School1265 Words à |à 6 Pageshead. I sluggishly pulled myself out of my bed and dragged myself to my closet. The words, first day of school moaned ghastly in my head. Summer was uneventful and school was just going to be hell. I picked out an old, worn out flannel and a pair of jeans to wear. Not rushing at all, I struggled to put the raggedy clothes on. They smelt like horrendous lies and rumors. Exactly what this state and my school are built on. The kitchen was empty, signaling that I was the only one awake. I looked inRead MoreEssay about school days1500 Words à |à 6 Pagescoming to the end of high school and to the beginning of my college education, it scares me to death. Going to school has been one of my biggest priorities and the most routine part of my life for the past thirteen years. I have many more years to get through, but the years that I spent in elementary school and junior high were the most memorable. I have learned so much since then, it has made me a different person today. I have so many memories from my earlier years in school. I especially rememberRead MoreDescriptive Essay About School Day847 Words à |à 4 Pagesfor herself and her two younger siblings. The middle one doesnââ¬â¢t finally get up until 10 minutes before heââ¬â¢s scheduled to walk out the door. By the time I manage to get everyone up and where theyââ¬â¢re supposed to go (the oldest driving my middle to school, my younges t dropped in daycare) Iââ¬â¢m 15 minutes behind schedule. I take the 45 min drive to work and face a room full of chaotic 2nd graders for a hefty 7 hours before staying after for another 2 to help the other faculty and then taking another 45Read MoreFirst day of high school essay1086 Words à |à 5 Pages My First Day of High School ââ¬Å"Beep, Beep, Beep!â⬠6:00 A.M my alarm clock was activated, it was time for me to get ready and prepared myself for my first day of High School as a freshman student in Piscataway Vo ââ¬â Tech High School. Fear, excitement, and all of these different emotions were running through my head as I wondered how difficult high school would be, who I would sit with at lunch time or if I would be able to memorize my locker combination. My first day of high school as a freshmanRead MoreEssay My First Day At School1032 Words à |à 5 PagesMy first day of school was a mess. I woke up, got dressed, brushed my hair, ate breakfast and then brushed my teeth. I packed my bag and got ready to wait for the bus. I was so scared. I had so many thoughts running through my mind all at once. As I walked outside I saw the bus pulling on the end of street, my heart was racing. As the bus approached I stepped on and picked the closest empty seat available. The bus was quite yet at the same ti me I heard people talking. A few minutes later I just decidedRead MoreDescriptive Essay About School Day1727 Words à |à 7 PagesAs an eight hour school day, filled with laughter and joy as I spent time with my friends, whizzed by, I walked towards my bus. Looking around I could see everything from birds gliding in the wind, their feathers glistening in the sunlight, to spiders in the bushes, working tirelessly to spin their magnificently intricate masterpiece of a web. The trees are starting to change from a vibrant green, to a light yellow, to a deep orange, and finally, to a bloody red. The contrast of all the awe-inspiring
Sunday, December 15, 2019
Make-believe plays Free Essays
Make-believe plays are fundamental and vital elements in the overall development of the child. These are fantasy or imaginary plays in children usually between ages two and six, in which children practise their acquired knowledge of every day life and activities; they begin to play roles and mimic adult behavior as ways of thinking over what they have seen older people around them do. These plays contribute to the mental and emotional developments of children. We will write a custom essay sample on Make-believe plays or any similar topic only for you Order Now Really all the developmental tendencies of the child are condensed in the plays. Make believe plays contribute to the formation of schemata; creating a mirror through which they see and interpret events and human interactions within the locality. In this way, the imaginative ability of this child is built. Apart from this, these fantasies plays help in their intellects and learning. Children who engage in them tend to envision imaginary things easier, they can create understanding pictures faster and their learning speed is faster. This is simply because these plays help develop their thinking and imaginary faculties, and learning is more pleasurable. Besides, role taking and sharing in these plays create a sense of belonging; this is the foundation for every human relationship. Although, they start first as solitary actor/actress, they soon realize the need to involve others. This helps them to understand the place of involving other people in their daily activities and achievements. This creates a connection between children. This way, a viable social life is incorporated to the growth process of the child, and this would continue into adulthood. Children use these means to try behaviors. They test what they have learnt and seen. This helps them master such and create a feeling of control over such. However, there are unfavorable concepts as death, fear, rejection, injury, incorporated into their plays, with a view to expressing such; thus, they develop significant control over these formidable threats.[Singer, 1996] Indeed, make-believe play is a creative way by which children develop their mental state, test their knowledge of life, try out behaviors and emotions, and engage in conversations with others. It is an essential part of their development. REFERENCES Singer, Dorothy, coauthor of The House of Make-Believe: Childrenââ¬â¢s Play and the Developing Imagination à How to cite Make-believe plays, Essay examples
Saturday, December 7, 2019
Understanding Digital Marketing Consumers
Question: Discuss about the Understanding Digital Marketing Consumers. Answer: Introduction The recent growth in digital marketing is improving the usage of the digital devices. The business companies are restructuring their marketing analytics in order to achieve successive platform in this competitive market (Jrvinen Karjaluoto, 2015). The study highlights the digital marketing processes maintained by Abt Electronics, which is one of the most successful family business based in Chicago (Abt Electronics, 2017). This single-location business sells the electronics and appliances to the customers. In fact, the company has the online presence through which it receives the significant supports from the digital customers. Apart from the online presence, the company even has a beautiful store with tremendous selection. Justification for Customer Analytic The company is much concerned about the high quality customer services. Abt electronics is always connected to the customers through e-mail and social channels. Moreover, the company has been paying attention to the programmatic process to improve the quality of the services. Apart from this, the company is paying the attention towards more innovative processes to create the customer buzz in a significant way (Abt Electronics, 2017). The company has tied up with the federal government in selling the appliances. It is notified that the customers would receive $6.5 million in rebates in purchasing of Energy Saver appliances between 15th April to 25th April (Abt.com, 2017). This rebate from the federal government is the unique strategy that the company has been utilizing for satisfying the customer base. The company is thus now focusing on establishing some of the marketing objectives that will be beneficial for strengthening the brand identity in the digital market. Marketing Objectives The company has set several marketing objectives to ensure the strengthened and competitive position in the digital market. The company is introducing the high quality electronic apparels for the digital customers based in US. The major marketing objectives set by the company are as follows: To create a greater brand awareness of the electronic apparel To achieve almost 10% of the customer base in a year To ensure almost 5% of the market share for one year The marketing objectives is focusing on the specific, measurable, attainable, realistic, and time bound process to accomplish the determined goal (Holliman Rowley, 2014). The objectives are specified below: S- Specific This is specific because 1) The business needs to introduce the quality product to enhance brand awareness 2) The business can achieve the customer base by providing high quality electronic products. M-Measurable This is measurable because 1) The supports from the customers will enhance brand awareness 2) The customer would prefer to purchase the quality apparel that will reach up to 10% in a year. 3) The involvement of the customers would help in achieving 5% market share in a year. A- Attainable It is attainable because 1) The quality product can enhance the brand awareness. 2) The customers would prefer to purchase high quality apparel through digital market 3) It will increase the market share if the costs will be incurred. R- Realistic It is realistic because 1) Brand awareness can strengthen the business position. 2) Quality parameter of the products will enhance customer base 3) The supports from the customers will increase market share as well T- Time Bound It will take one year to achieve these objectives. Table 1: SMART Objectives (Source: Created by Author) Tactics and Implementation The company has been concentrating on implementing such objectives by providing the customers extra benefits. For example, involving with the federal government is useful for the company to provide a particular amount for the Energy Saver appliances. This strategy is unique in compare to other digital electronic companies. The customers even can receive the electronic goods with proper warranty period. The company will also focus on the shipping process for delivering the orders on time. Achieving the customers satisfaction rate will help the business to increase the market share. References Abt Electronics, (2017). !company_name! | Company Profile from Hoovers. [online] Hoovers.com. Available at: https://www.hoovers.com/company-information/cs/company-profile.abt_electronics_inc.a18d8f32e73aa4ed.html [Accessed 18 Mar. 2017]. Abt.com, (2017). Customer Experience at Abt Electronics. [online] Abt.com. Available at: https://www.abt.com/about/news/mediapost_051310 [Accessed 18 Mar. 2017]. Holliman, G., Rowley, J. (2014). Business to business digital content marketing: marketers perceptions of best practice.Journal of Research in Interactive Marketing,8(4), 269-293. Jrvinen, J., Karjaluoto, H. (2015). The use of Web analytics for digital marketing performance measurement.Industrial Marketing Management,50, 117-127.
Friday, November 29, 2019
Unlikely Alliance Memo free essay sample
Florabama is an energy venture classified as a variable interest entity (VIE) of its two investors ââ¬â Meyer Inc. and Saban Company. Meyer and Saban own 60 percent and 40 percent of Florabama respectively and the profit and losses are split according to ownership percentage. According to the terms of the venture arrangement, Saban is permitted, but not required, to purchase up to 20 percent of the power produced by Florabama at cost plus. The cost-plus arrangement between Saban and Florabama represents a variable interest in that Saban absorbs variability in Florabama through the cost-plus pricing terms. The questions facing us are the following: Because Florabama is a variable interest entity, what are the business activities of Florabama that most significantly impact the entityââ¬â¢s economic performance? And should the cost-plus arrangement between Saban and Florabama be considered in the determination of the consolidating entity? In this memo I will first discuss the issue of consolidation common to all alternatives, and then explain how Meyer Inc. We will write a custom essay sample on Unlikely Alliance Memo or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page r Saban Company could consolidate Florabama according to US GAAP. Finally, I will recommend which entity is the controlling interest, and in effect, should consolidate Florabama to its financial statements. Discussion of Alternatives In either alternative, there is no question that since Florabama is classified as a variable interest entity, it needs to be assessed whether Meyer or Saban is the VIEââ¬â¢s primary beneficiary according to ASC 810-10-25-38A. As defined in ASC 810-10-15, the primary beneficiary is an entity that consolidates the variable interest entity. In the past, the determination of the controlling financial interest was done by simply establishing which entity owned the majority of the subsidiary in question. Now according to ASC 810-10-25-38A, an entity is deemed to have a controlling financial interest in a VIE if it has both of the following characteristics: (a) the power to direct the activities of a VIE that most significantly impact the VIEââ¬â¢s economic performance and (b) the obligation to absorb losses or the right to receive benefits from the VIE that could both potentially be significant to the VIE. In the following two alternatives, Meyer and Saban will be analyzed for evidence of meeting the two characteristics to be appointed the primary beneficiary and consolidator of Florabama. US GAAP Alternative A: Meyer Inc. meets both of the characteristics of the primary beneficiary requirements as stated in ASC 810-10-25-38A and thus Florabamaââ¬â¢s financials are consolidated up to Meyer Incââ¬â¢s financial statements. In determining the power to direct the activities of a VIE that most significantly impacts the entityââ¬â¢s economic performance, the purpose and design of a legal entity must be evaluated (ASC 810-10-25-25). Through analysis of the business risks incurred in ASC 810-10-25-24, the most significant risk is the operations risk, commodity price risk, and also environmental risk. These risks are directly related to the strategic decisions regarding the operations of Florabama, such as operating and capital budgets, pricing of the power produced. These are the most significant activities regarding the economic performance of Florabama. According to the case information, these decisions are presented to the board and implemented by a simple majority vote among the ten members of the board of directors. Because Meyer has six board members out of the total ten board members, Meyer has ââ¬Å"the power to direct the activities â⬠¦ that most significantly impact [Florabama]ââ¬â¢s performanceâ⬠through the majority on the board of directors. The second characteristic of losses and benefits that could be potentially be significant to Florabama is simply the fact that Meyer receives 60 percent of the profits and incurs 60 percent of the losses. ASC 810-10-25-38 states that the characteristic is based off absorbing a majority of the losses and receive a majority of the expected residual returns. The important change from majority (paragraph 38) to significant (paragraph 38A) does not change the fact that the characteristic is met because of this 60 percent incurred benefits and losses from Florabama. US GAAP Alternative B: Saban Company meets both of the characteristics of the primary beneficiary requirements as stated in ASC 810-10-25-38A and thus Florabamaââ¬â¢s financials are consolidated up to Saban Companyââ¬â¢s financial statements. The activities that most significantly impact the economic performance of Florabama can be determined to be the day-to-day operations of the business (revenues, expenses, etc). These decisions are defined as the CEOââ¬â¢s right and responsibility in the terms of governance. The CEO of Florabama continues to be an employee of Saban and as such, Saban is appointed the entity that holds the power to direct the activities that affect the economic performance of Florabama the most. The losses incurred and future expected benefits that could be significant to Florabama are attributable to Saban through a combination of 40 percent variable interest through ownership percentage and the cost-plus arrangement between Saban and Florabama. According to ASC 810-10-25-20, the cost-plus arrangement is a variable interest and as such, expected benefits and losses significant to Florabama are attributed directly to Saban. Recommendations US GAAP: We recommend Alternative A to account for the consolidation of Florabama. Both Meyer and Saban incur future significant losses and receive expected significant returns, so the main issue is the determination of which entity holds the power to direct the activities that most significantly impact the economic performance of Florabama. These activities, as indicated in Alternative A through risk analysis, are the strategic decisions regarding the operations of Florabama, such as capital and operating budgets and the pricing of power produced. These activities are all implemented by the majority vote by the board of directors, so Meyer Inc. holds the power to direct these activities with six board members out of the ten total members. I recommend that Meyer Inc. is the primary beneficiary and controlling interest, and as such, has the obligation according to ASC 810-10 to consolidate its financial statements to include Florabamaââ¬â¢s financials.
Monday, November 25, 2019
Operations and Process Management of EasyJet
Operations and Process Management of EasyJet Introduction EasyJet is a British airline offering domestic and international services across more than six hundred routes in over thirty-two countries. Based in Londonââ¬â¢s Luton Airport, the carrier enjoys a huge customer base due to its competitive quality services, customer care rapport, and increased employee motivation and retention (EasyJet Plc: At Glance n.d.).Advertising We will write a custom coursework sample on Operations and Process Management of EasyJet specifically for you for only $16.05 $11/page Learn More Other four United Kingdomââ¬â¢s airports within which the carrier enjoys wide market base include Gatwick, Stansted, Southend, Bristol, and Edinburgh. Likewise, the carrier boasts of huge markets in Malpesa, Naples, Venice, Nice, Basel, and Geneva. Other areas of influence include Paris Orly, Paris Charles De Gaulle, Lisbon, Lyon, and Rome Fiumicino. In order to consolidate the market base, EasyJet Company has a series of clearly de fined goals and objectives. This paper seeks to explore the culture in EasyJet Company that drives it to success. Similarly, the paper seeks to understand the gaps that exist within the success structures that derail the companyââ¬â¢s goals. At the end of the analysis, the paper gives recommendation for areas that require improvement to ensure EasyJet remains competitive in the provision of air travel services. Strategies for Success In order to execute these core values and ensure a high rate of return on investment, EasyJet employs various strategies for success. Some of the key strategies are highlighted below. Employee variables High performance culture EasyJet strives to develop a high performance culture in the provision of goods and services to its customers. In order to do this, the company promotes employee engagement, training, and appraisal to ensure adequate motivation. Such a setting together with high rewards for employees and instant appreciation structures ensure that EasyJet enjoys a competitive advantage over other players in the airline transport sector (Gostick and Elton 2012).Advertising Looking for coursework on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Employee engagement reviews and statistics help forms employee engagement programmes of the company. This approach takes place on an annual basis with continuous improvement to implement the outcomes of the surveys successfully. As Gostick and Elton (2012) observe, such employee examinations help the company evaluate individual goals and ambitions of the employees, thereby creating an avenue for the development of company goals and objectives within specified timeframes. Similarly, the company ensures inclusivity in job execution. In this context, EasyJet captains and non-technical staffs get additional day trainings and capacity building on leadership and management roles in the company. Such an initiative p lays a critical function in supporting the commercial objectives of the company. Effective communication culture For an organisation to achieve its strategic goals, it is important for the leaders to develop an effective open communication culture (Slack, Brandon-Jones, and Johnston 2013). EasyJet has an adequate internal and external communication structure that enables employees stay up-to-date with the business progress. The chief executive officer holds weekly call on the top management staff while the employees in the lower carders of management get updates from frequent news round-ups. In the same way, the executive management teams organise frequent base visits to communicate new strategies of management to the people on the ground. All these coupled with the community-based newsletter ensure a complete chain of communication from the companyââ¬â¢s leaders to the consumers (Belasen 2000). Recognition and reward Reward and recognition plays an imperative role in recruitment and retention of employees as Armstrong (2012) denotes. Salary and wage reviews carried out annually with reference to the trending market rates ensure that employeesââ¬â¢ packages are at per with the prevailing economic situations. The focus on cash and variable payment includes annual performance-based bonuses calculated depending on employee and company output levels and grants of company shares (Slack, Brandon-Jones, and Johnston 2013). In the companyââ¬â¢s competitive recruitment segment, EasyJet employs an inclusive policy that ensures complete regards to affirmative action.Advertising We will write a custom coursework sample on Operations and Process Management of EasyJet specifically for you for only $16.05 $11/page Learn More Operational Process EasyJet has an established recruitment campaigns that ensures recruitment of the best human resource base. In the companyââ¬â¢s recruitment policy, recruitment recommends flexible employment contr act for the cabin crew. This policy ensures continued growth in the companyââ¬â¢s employee base. Currently, the company has more than seven hundred and fifty cabin crew and more than one hundred flexi crew pilots (EasyJet Plc: At Glance n.d.). With 38% internal recruitment structure, the management and administrative department of the company has more than three hundred functionalities (EasyJet Plc: Low Cost with Care and Convenience n.d.). Employee wellbeing culture Employee physical and psychological health influence company performance. Driven by the desire for maximum employee production, EasyJet Airline Company recognises employeesââ¬â¢ wellbeing and wellness. Employee engagement terms takes into account an employeeââ¬â¢s personal commitments, goals, and health status (Attridge 2005). Successful and profitable companies rely on an industrious and healthy workforce. In order to maintain the health status of the employee, EasyJet offer support to employees undergoing str essful situations, and those professional and social challenges. These it does through the Employee Assistance Programme under the human resource department. EasyJet anonymously assesses employeesââ¬â¢ stress situations through a confidential reporting helpline set out for employees to report their concerns (Goldsby and Martichenko 2005). Total Quality Management (TQM) Employment of a highly productive workforce combined with great innovation and research avenues within EasyJet enables the technical and management staffs to develop viable innovative and creative ideas that seek to consolidate the customer base (Beyerlein and Beyerlein 2006). Low cost of travel and relatively cheap tickets of the business class remains the greatest innovative idea that continues to earn the company great profits. With the desire to capitalise on the frequent passengers using the economy class for business trips, EasyJet developed a low-cost ticketing system with increased carriage capacity. At the same time, increase in fleet and high number of international routes capitalised on the economic and business class with relatively high quality services, ensuring increased revenues.Advertising Looking for coursework on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Under this model, low-cost passengers with frequent travels get the service provided in the premium class at relatively low costs (Dodgson and Gann 2008).à Low-cost-High fleet carriage ensures highly focused point flyers, limited flight schedules for the carriers, and increased number of refundable ticketless flights. Such a system consolidates the loyalty of the frequent business travellers within nine hundred mile destinations. For the fleet carriers, the model ensures maximum capitalisation of the aircraft capacity based on effective ground services, controlled flight schedules, reduced timeframes in the hauling stations, as well as a high number of flight trips between cities and secondary airports (EasyJet Plc: At Glance n.d.). These initiatives ensure that the aircraft take minimal time on the ground with high frequency flight times. Notably, increased number of flights increases the companyââ¬â¢s earnings.à Moreover, the model provides simplified structures necessary f or efficiency at the workplace, especially in customer service provision. Efficient service delivery with a lean and productive human resource system translates to high productivity, leading to the competitive edge that EasyJet enjoys in the air travel industry. Similarly, in the process modelling, EasyJet maximise on the use of the Boeing 737 series (EasyJet Plc: Low Cost with Care and Convenience n.d.). With a large carrier and relatively simple navigation manual, the use of this series ensures that the company cuts costs of training and re-training of captains and pilots, replacing spare parts, and maintenance of the aircraft. With the processing model cutting down the cost related to carriage and aircraft maintenance, EasyJet enjoys high productivity and profit margins. The management has also created a culture of quality-service provision among employees. In this move, the principles of agile and lean leadership are evident. The management uses feedback from consumers to develo p fully new products in the airline. In addition, there exist a decentralised decision-making framework that helps in empowering employees in making responsible decisions in a timely manner. Supply Chain Management (SCM) Supply Chain Management (SCM) encompasses all activities that have to occur so that consumers get the right goods and services within a specified time schedule. SCM at EasyJet commence with the suppliers and closes with consumers. In a bid to deal with customers directly, EasyJet has cut down its supply chain; it primarily use downstream supply chain type of management. However, it occasionally uses upstream option to rent and purchase planes from Airbus and Boeing (Supply Chain Management 2009). In its SCM, the company uses the push strategy to initiate communication between the purchaser and the vendor. Advertisements at EasyJet create awareness among consumers, hence making them opt to use the products. This is a pull strategy of the SCM as used by the company. I n addition, the company has automated its services to increase efficiency within the supply chain, as well as reduce costs. (Supply Chain Management 2009) Service concept EasyJet boasts of a superior built-in business advantage. In order to hack away the overhead costs of production, EasyJet takes some of the unconventional approaches. For example, its modern 737 aircraft run on a relatively lower cost in comparison to the older versions. Reduction in cost is associated with increased number of seat in the EasyJetââ¬â¢s branded version of the aircraft. Similarly, a 737 airbus requires less training and retraining of crew thus reducing the cost of production. This unique approach allows the company to develop a cost per set model in comparison to competitors in the airline travel industry. In the seat sales model, prices start at very low levels and increases as the company registers more sales. However, it is important to note that relative price level for the seats remain lowe st in comparison to the competitors (Oââ¬â¢Neil 2003). Capacity management and resource control EasyJet promotes seat-by-seat sales model through a series of initiative. Capacity management and controlled used of resources represent one of the underlying drivers of this model. The company eliminated the business class of passenger. In a conventional airliner running business class services, the maximum number of passengers in a 737 airbus stands at 109. However, EasyJet, after scrapping the business class modifies 737 airbuses to a capacity of 149 passengers. This helps reduce the cost of cabin crew overheads. Similarly, EasyJet runs a ticketless system of booking. This implies that the company engages directly with the passengers reducing the costs of contracting agents. Ticketless systems also reduce the frequency of delays passengers undergo when picking up their tickets. Contrary to many air travel carriers, EasyJet does not offer free food and snacks to the passengers. This helps cut down the cost of cabin overheads. All these factors coupled with avoidance of congested airports with delays help the company enjoy significant gains through the reduction of turnaround costs and maximum utilization of resources (Oââ¬â¢Neil 2003). Quality Assurance As a management strategy, quality assurance focuses on providing confidence within the employee base. It stipulates a set of procedures and measures necessary to ensures quality standards and process that propels the company to develop goods and services beyond the customer expectations. Quality assurance entails all activities in the product design, development, production, and installation. In EasyJetââ¬â¢s quality assurance policy, the company has, pre-determined sets of standards required for effective quality control. This policy aims at detecting defective products especially in the fleet tools and aircraft machinery. As a result, the company manages to control the purchases of counterfeit products t hat jeopardize productivity (Oââ¬â¢Neil 2003). EasyJetââ¬â¢s Four Vs and their Impacts on Organizational Performance Volume dimension This dimension involves the development of work systems and processes that improve productivity. Volume dimension is set out in the companyââ¬â¢s manual; it defines clearly the output targets with specified timeframes (Wang 2009). In such a setting, structuring of volume goals lowers the unit costs of production since a large number of products take care of expenses like rent and other overhead costs. At EasyJet, the use of the Boeing 737 series ensures carriage of high number of business class passengers in relation to other aircrafts. The earning from extra passengers help cut down production costs. A typical Airbus A319 comes with one hundred and twenty-four seats. Variety dimension In this operational management dimension, companies strive to remain flexible in order to meet the dynamic demands of the customer. For the small business ente rprises, the major aim remains keeping up with the dynamic customer fashions, while for the multinational companies, consolidating the customer base in regards to loyalty plays a key role in this dimension (Noe and Noe 2012). In order to earn the best returns out of this dimension, it is mandatory for companies to employ adequate skilled staff for service improvement. For EasyJet, recruitment, employee training and development, and workforce retention structures play a significant role in executing this dimension. EasyJet boasts of committed, passionate, and selfless employees driven by the desire for increased output levels and improved customer care. Visibility dimension This dimension focuses on the level of expose a company gives to its operations and services. For example, with increased internet connectivity in the global markets, online marketing strategies are important drivers of this dimension. Major companies continue to use online platforms to maximise market sales. Easy Jet uses its online ticketless platform in order to maximise on the sales of seats in flight carriers. Online booking service increases the level of visibility of the company while maintaining accuracy, precision, and reliability in service delivery. Similarly, these electronic points of sale increase the rates of service delivery since they allow customers to choose from the wide variety of service under an automated checkout system. Variation dimension This takes care of the work output levels in regards to seasonality of service demands. In order to maximise sales volumes during the peak seasons without stretching the productivity levels of the existing staff, Phelps (2003) notes that major companies recruit part-time employees or short-term contractors to cover for the workforce deficit during peak seasons. EasyJet enjoys the use of this dimension, especially on the number of fleet cabin crews during the peak travel seasons (EasyJet Plc: Low Cost with Care and Convenience n.d.). Such recruitment structures eliminate the probability of high opportunity costs during the low seasons. Recommendation The rate of globalisation requires risky and daring global investments. Therefore, focusing on a limited area, confines a companyââ¬â¢s profit levels. Inasmuch as EasyJet boasts of high number of destinations, its services are limited to only thirty-two countries. Creating global partnerships with other carriers in services delivery as they explore new parts of the world is a sector that requires prompt evaluation. Despite the difficulties that arise in exploring new markets, the company has the necessary resources to acquire new destinations in Africa, Asia, and the US. Creating partnerships with local carriers provides and ample avenue for accessing new markets as the company strives to conquer the global air transport services is one approach that can be of great help to the companyââ¬â¢s sustainable growth (Pollack 2001). Conclusion EasyJet stands as the leading airliner without passengers connecting to destination via various hubs. Despite flying longer distances, the carrier ensures that passengers go through end-to-end journey structures. This ensures that the aircraft takes ore hours in the air than on the ground. Markedly, this strategy does not only seek to increase efficiency in passenger transports, but also acts as one of the innovative ideas with the widest base of multiplier advantages. If the company introduces a culture of profit making under the same circumstance it currently offer services, high value profit margins are achievable. Likewise, exploration of newer markets outside Europe acts a recipe for improved earnings. Putting together these personal traits within the innovation and creativity culture in the companyââ¬â¢s policies ensures that EasyJet remain a major competitor in the air travel business. References Armstrong, M 2012, Armstrongs handbook of reward management practice improving performance through reward, Kogan Page, London. Attridge, M 2005, The integration of employee assistance, work/life, and wellness services, Haworth Press, New York. Belasen, A 2000, Leading the learning organisation: Communication and competencies for managing change, State University of New York Press, Albany, New York. Beyerlein, M., and Beyerlein, S 2006, Innovation through Collaboration, Emerald Group Publishing Limited, Bingley. Dodgson, M., and Gann, D 2008, The management of technological innovation: Strategy and practice, Oxford University Press, Oxford. EasyJet Plc: At Glance n.d. Web. EasyJet Plc: Low Cost with Care and Convenience n.d. Web. Goldsby, T., and Martichenko, R 2005, Lean Six Sigma logistics strategic development to operational success, Ross Publishers, Boca Raton. Gostick, A., and Elton, C 2012, All in: How the best managers create a culture of belief and drive big results, Free Press, New York. Noe, R., and Noe, R 2012, Human resource management: Gaining a competitive advantage, McGraw-Hill Irwin, New York. Oââ¬â¢Neil, K 2003, EasyJet: Successfully exploiting the web. Web. Phelps, E 2003, Designing inclusion tools to raise low-end pay and employment in private enterprise, Cambridge University Press, Cambridge. Pollack, M 2001, Transatlantic governance in the global economy, Rowman Littlefield, Lanham. Slack, N, Brandon-Jones A, and Johnston R 2013, Operations Management (7th ed.), Pearson, London. Supply Chain Management 2009. Web. Wang, Y 2009, ICCTP 2009 critical issues in transportation system planning, development, and management: August 5-9, Harbin, China, American Society of Civil Engineers,. Reston, Va.
Friday, November 22, 2019
Contribution of Capital in Growth Assignment Example | Topics and Well Written Essays - 500 words - 1
Contribution of Capital in Growth - Assignment Example à b) In such a model, the growth rate of output is âËâ y/y =(SAnd), and therefore arise in depreciation cause a reduction in an economies output and since the growth rate of capital is a function of such depreciation and since they the increase in depreciation decreases capital stock. And since consumption is relative to output a decrease in output impacts in a similar way to consumption as they are positively related. Therefore it can be seen that increase in depreciation will reduce the capital stock, in the long run, reducing capital, capital-output per worker and finally consumption. à At steady state the optimum capital is utilized and since the government takes up all the units produced. The labor force utilizes all the capital available which the government takes up as indicated by point A. Also at this point, the government saves nothing since it utilizes everything in purchasing the entire output. à b) increase in government purchases will cause an increase in productivity per worker but since the capital is a function of depreciation capital at the disposal of the workers will decrease in the long run causing a reduction in the output per worker and consequently a reduction in consumption an increase in ââ¬Å"gâ⬠cannot even match the growth of population or labor force of an economy.
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