Monday, August 24, 2020

E-Commerce Strategies for Airasia Essays

Internet business Strategies for Airasia Essays Internet business Strategies for Airasia Essay Internet business Strategies for Airasia Essay AIR ASIA E-COMMERCE STRATEGIES Low expense per normal seat kilometer AirAsia concentrated on guaranteeing a serious cost structure as its fundamental business system. It has had the option to accomplish an expense for each normal seat kilometer (ASK) of 2. 5 pennies, a large portion of that of Malaysia Airlines and Ryanair and a third that of EasyJet. AirAsia can rent the B737-300s airplane at a serious market rates because of the brutal worldwide economic situations for the recycled airplanes as a result of the September eleventh occasion in 2001. Low conveyance cost AirAsia center around Internet appointments and ticketless travel permitted it to bring down the dissemination cost. Alluring ticket cost With the normal passage being 40-60% lower than its full-administration rival, AirAsia has had the option to accomplish solid market incitement in the residential Malaysia air advertise (Thomas 2003). For example, the toll for the outing from Kuala Lumpur to Penang on AirAsia begins from 39 ringgit. Contrasting with trip by transport charge 40 ringgit and 80 ringgit via vehicle. The impact of alluring low charge is more voyagers changing from transport to air, comparable case as Ryanair in Europe. Great Management Team AirAsia incentive is more advanced than Ryanair putting equivalent accentuation on brand notoriety and client care/individuals the executives, by a senior guide to AirAsia’s top supervisory crew. AirAsia seek after a Ryanair operational technique, Southwest individuals procedure and an EsyJet marking stategy. AirAsia is the best associations among others s on account of their :- Xpress Boarding AirAsia rehearses a free seating strategy. This strategy has empowered them to reliably accomplish a turnaround time of 25 minutes for the entirety of their flights. They presently offer, as a choice, the selection of seats through Xpress Boarding. Xpress boarding permits visitors to board on airplane first, and pick a seat of their preferring be it a seat by the window, asle seat, front of airplane or close to the toilet. This administration has demonstrated to be outstandingly well known for time hungry representatives, corporate workers on excursions for work, and families voyaging together. Web Check-in For a consistent, snappy and helpful registration, We B Check-in was acquainted with empower those going without gear. Supposition may basically registration by means of thewebpage from the solace of their homes of office, print out their ticket and continue to the air terminal at their relaxation. Self Check-in Kiosk Self Check-in likewise accessible. Their blazing red booths are situated at the LCC Terminal, KLIA to empower a self registration with a pinch of the screen. E-Gift Voucher The E-Gift Voucher is a creative present for all events just as being a much-refreshing to corporate present for its high-saw esteem. Since its dispatch, the E-Gift Voucher has demonstrated itself to be a well known decision for the individuals who need to introduce creative endowments. MALAYSIA AIRLINES E-COMMERCE STRATEGIES E-Freight Program The e-Freight Partnership Program of MASkargo is a key internet business structure that expects to build up a paperless domain that will empower joint effort among different key players of the calculated business to embrace electronic channels as the method of executing business forms with one another. MASkargo Pioneers the Use of the FPX System MASkargo was as of late perceived as one of the early adopters for Malaysias first ongoing on the web between bank Internet installment portal, Financial Process Exchange (FPX). FPX, a national venture, encourages online installments for web based business exchanges specifically B2B and B2C (business to business and business to customer) exchanges on a safe and multi-bank stage. Web based business E-Commerce includes all business tasks and exchanges dependent on correspondence by means of the electronic media. The significant movement incorporates e-Bookings e-Tracking e-Schedules e-Air Waybill Stock Distribution - Air Waybill Submission e-Invoicing Payment Malaysia Airlines’ needs Malaysia Airlines, having an unmistakable thought regarding what it wantedâ to accomplish with the P SS modified, partitioned the outstanding task at hand into five streams: Reservations - Anew, progressively effective and practically rich framework, to fulfill todays industry guideline sand necess ities. Web based business Allowing Malaysia Airlines to reduceâ distribution costs by giving aâ convenient, simple to utilize Internet Booking Engine. E-Ticketing and DCS-Moving from conventional paper toe-tickets by May 2008, in accordance with IA TAs prerequisites. This incorporated an overhauled Departure Control System so that Malaysia Airlines could offer newâ self-administration choices to travelers, including booth and web registration. Income Integrity-To verify each reserving guaranteeing it creates a genuine traveler upon flight, staying away from the income spillage which happened before. Passages Management-To empower Malaysia Airlinesâ to disperse charges all the more productively around the globe and to improve prâ icing choices. A basic successâ factor was the capacity to incorporate every single fiveâ work stream with other existing frameworks set up all through Malaysia Airlines. SITA’s arrangement in a first for theâ region, and with an agreement worth more than US$80million over a ten-yearâ period, SITA has been attempted a far reaching update of Malaysia Airlines existing traveler applications and administrations, covering the five work streams - reservations, internet business, tagging and takeoff control, income honesty and passages the executives. Until this point in time, SITA has addressed the necessities of Malaysia Airlinesâ by actualizing a few Horizon arrangement segments including: Implementing SITA Ticketing and DCS around existing traveler applications, saving Malaysia Airlinesâ millions of dollars. Re-engineering Malaysia Airlines admissions system, including tolls work process, serious observing, and compelling dissemination, which has been criticalâ to the exceptional achievement accomplished with internet business. Actualizing income honesty and income assurance, empowering Malaysia Airlines to forestall the misuse of over 120,000â segments in a solitary quarterâ at the start of 2008-likening to improved stock administration with noteworthy cost reserve funds and income upside. FIREFLY E-COMMERCE STRATEGIES In purchasing up Firefly Network, Microsoft accomplished more than plume its home with a lot of forefront customer security advancements. It likewise struck a basic hit to chief adversary Netscape by successfully sinking that companys online web based business technique. Firefly has been building up a security module that would have infused Communicator 5 with the vital innovation to help the Platform for Privacy Preferences (P3P) detail. While DesAutels said that Netscape had been depending on the Firefly module, different sources, both at Netscape and inside the P3P working gathering. The Firefly procurement is cool for the business as long as Microsoft doesnt step in the manner and make it difficult for them to work with Firefly this is a territory where individuals will see some collaboration among Microsoft and Netscape. P3P and a related innovation, Open Profiling Specification, give a way to Web locales and purchasers to consistently trade inclinations about what individual data, for example, age and ZIP code is traded over the Internet. The P3P specificationâ is expected to be pronounced a standard by the World Wide Web Consortium by one month from now, and is ready to turn into a fundamental part of all Web exchanges, including shopping. Yet, the most recent Microsoft bargain has sent Netscape starting over from the beginning. That is on the grounds that P3P is exceptionally hard to actualize in a program, and Firefly designs were unmistakably standing out in such manner. They have making an innovation that is incredibly hard to execute. [The Netscape-Firefly plug-in] would have returned Netscape comparable to the business for security and web based business, and information trade. Firefly has a community sifting motor that can recommend items dependent on a clients different preferences. Be that as it may, Microsoft as of now possesses a comparable sifting motor, as the Personalization Services highlights incorporated with the companys Sidewalk city guides. What pulled in Microsoft to Firefly was the innovation Firefly had been creating for both Netscape and Explorer a powerful substance motor that would make the proposed P3P standard interoperable with Web destinations. The obtaining was made by Microsofts Web Essentials gathering, which incorporates Microsoft Network, Sidewalk, Expedia, Hotmail, and the expected Start entryway administration which impersonates the Web portal system embraced by many web search tool organizations and Redmonds plans for P3P expand well past its Explorer program. In March, Netscape revealed to Wired News that the P3P/OPS innovation was basic to its web based business plans, particularly given developing weight from the Federal Trade Commission for the Web-trade industry to direct itself with mechanical instead of authoritative answers for secure shoppers. While DesAutels recommended that couple of different merchants were creating P3P arrangements, a functioning individual from the P3P working gathering said that Netscape would likely not be unfavorably influenced by the Firefly securing. The Firefly securing gives Microsoft a more noteworthy stake in Information and Content Exchange (ICE), a proposed convention for the programmed, controlled trade and the executives of online resources between colleagues. ICE is an early stage innovation being created by Adobe, Firefly, JavaSoft, Microsoft, National Semiconductor, and Vignette, and various substance distributers. A key innovation a work in progress at Firefly and bound for a W3C guidelines track, ICE will help set up principles for Web destinations to speak with one another, making ready for online superstores and new affiliate channels. Presently, with an overwhelming stake in ICE, Microsoft has an advantage over Netscape in future online business improvement. Netscapes entire internet business s

Saturday, August 22, 2020

WHY DO I NEED AN AGENT

For what reason DO I NEED AN AGENT A peruser as of late got some information about the favorable circumstances and burdens of having a scholarly operator. She didnt think she needed an operator, yet wasnt sure whether that was a decent choice or not. On the off chance that I wrote about operators, it was a, quite a while prior. Im just for them, yet the drawback is that it eases back things down as you land one, and they do take a cut of your benefits. Be that as it may, . . . they find out about the business than we do. They have associations we dont. They open entryways we never thought of. They make us step up our composition to a higher gauge. A few journalists have put the moniker guard to specialists and editors who send dismissal letters; like guardian is an awful thing. Whenever somebody is in a situation to dismiss you, youre enticed to think about it literally and get slanted to hate them. In any case, in the event that you are chosen What does an operator accomplish for you? Help alter your work. Obviously your work must be quite incredible to begin with, yet an operator can make proposals as a matter of fact and ability of the commercial center that will take your composition to a more significant level. Target editors and distributers. Other than study a Writers Market or search sites, how would you know what a distributer looks for nowadays? They dont promptly shoot wants out on Twitter or adjust their rules page week by week. Specialists, in any case, groom associations with these editors. TheY comprehend what editors look for the time being and the long haul. Arrange an agreement. What do you think about rights? Print rights, electronic, sound, remote, film, the rundown is long. As a solitary craftsman, do you see how to haggle every one of these rights? On the off chance that you dont have a specialist, do you know the coordinations, upsides and downsides of holding or giving up these rights? While surrendering rights sounds terrifying, in all actuality, you could be putting your work in hands that comprehend what they are doing and can enormously expand your odds of handling a book recording or a TV program. Do you realize what are acceptable digital book eminence rates? Critical thinking. On the off chance that the distributer gets hung up on an awful spread or needs article changes that incense you, an operator can play center man and help smooth out wrinkles. Showcasing interview. Operators might have the option to suggest extraordinary settings for your limited time endeavors. They may realize what works and what doesnt. They may make acquaintances with circumstances you never envisioned. They have been in this business to procure a living and have obtained a lifetime of experience already more than the vast majority of us. Utilize that skill. Nathan Bransford has a pleasant clear blog entry on what an operator does. Heres another post on why an operator is required, from a science fiction Furthermore, heres one more from the Jane Chelius Literary Agency, which applies to all operators no matter how you look at it. Creator Scott Nicholson clarifies why you need an operator. When you should not look for an operator? At the point when independently publishing. When looking for a littler press. At the point when acquainted with rights and agreements. When composing short stories. I utilized a specialist for a littler press, to improve my chances for an agreement. I was genuinely acquainted with rights, yet wasnt totally grounded in the information. I additionally needed that cradle between the distributing house and me, utilizing somebody who had a firmer handle on the business, who could recognize an arrangement and a trick with no delay. Truly, I am an enthusiast of specialists, however it relies upon your objectives, experience, information base, and wants whether you utilize one or not. No, they arent simple to land, yet having one can improve your chances . . . relies upon what youre betting on.

Proposition 187: Dont Mess With Texas :: essays research papers

Recommendation 187: Don't Mess With Texas      In November of 1994, Californians passed the most disputable bit of state enactment this decade. Recommendation 187 was intended to stem the progression of displaced people into California by retaining all non-crisis health advantages from non-naturalized residents. Latinos turned out in record numbers to voice their dissatisfaction, and in light of current circumstances as well. The human services goals of Recommendation 187 were results of poor explanation and unsound financial judgment. The goals didn't get the express any more like a decent spending plan, and as it were served to intensify the social insurance standpoint for the fate of California. It is clear that Proposition 187 was a misstep, and ought not be urged to be rehashed in Texas.      The most mainstream purpose behind section, that supporters of Proposition 187 utilized, was the hypothesis that a cut in unlawful wellbeing administrations would spare state citizens a few million dollars per year. This contention just applies to states that have an individual annual assessment, regularly used to help finance human services for the state, and when the unlawful workers abstain from making good on this assessment. Texas doesn't have such an expense, so human services is supported by the assessments that everybody in the state pays. That implies that expatriates are paying the same amount of as "real Americans" are in deals charges, gas charges, alcohol duties, and cigarette charges. For model, displaced people in San Diego, California represented 26.6 million dollars in social insurance costs in 1994 (Serb 63). Not a solitary individual would deny this is a great deal of cash, and in this way would appear to be an astounding explanation to cut financing right this moment. Be that as it may, the coherent individual needs to figure it out how significant those equivalent outsiders are to filling the state's extract charge coffers every year. Extract charges paid by ‘illegals' were representing up 60.5 million in state charge alone (63). All things considered, it barely appears to be on the whole correct to state that illicit foreigners are not paying their reasonable duty share for their wellbeing needs. It additionally isn't reasonable that "U.S. organizations need Mexican laborers for low-paying employments, yet don't need them to approach heath care while they are here" (Hudson 37).      Another financially based explanation, that defenders of 187-like enactment have made, is that Texans will set aside cash by denying non-crisis care to displaced people. Without examination, this is by all accounts a case to make the wallet cheerful. All things considered, we would at present permit the ‘aliens' the privilege to life sparing medicines, however we would likewise spare a group by cutting the little visits to the specialist for fevers, colds, and hyper-extended lower legs.

Friday, August 21, 2020

Should College Athletes Get Paid To Play Essays - Student Athlete

Should College Athletes Get Paid To Play Should College Athletes Get Paid To Play Disregard the match dominating touchdown, disregard the team promoter sweetheart, and overlook the pomp. Shouldn't something be said about the well deserved cash school competitors will never observe and earned? In the realm of school sports its success or return home, and to the victors go the riches. Best school sports groups rake in a large number of dollars in income. Steve Spurrier, the mentor for the Florida Gators marked a multi year contract where he would make a little over 2.5 million dollars per year excluding certain advantages like a free vehicle for his better half. So with the establishments and mentors getting rich off their player who is to state that the player doesn't merit a portion of the riches? Most school competitors get around 200-250 dollars per month for everyday costs and going through cash, this is exceptionally little contrasted with the understudy who has the opportunity to work. A few people say that competitors get paid by having a grant however on the off chance that you take a gander at the ulterior intention behind grants I figure individuals would adjust their perspectives. Mentors attempt to get players who they think have the ability to make them win and to convince them to go to their school they attempt to give them grants. So the entire tho ught behind a grant is to draw the understudy to go to your school. Grants are only an enrollment strategy. Dont befuddle what I am stating however I dont figure school players ought to make a large number of dollars yet there ought to be a set compensation for all players regardless of on the off chance that they make the features ordinary or ride the pine. The players should make in any event what an individual who works making eight dollars and hour would make in a year, and that is an unassuming pay as well. Each player of a school sport places in innumerable worker hours of work to their game as opposed to going out and finding a new line of work they need to commit all their opportunity to this. An immense discussion is should players reserve the privilege to their similarities? In the event that you go to a book shop in Jacksonville you would most likely discover a Rex Grosseman shirt available to be purchased for around one-hundred-and-fifty dollars. Presently despite the fact that it has his name on it and his number none of the cash that was utilized to buy the pullover will ever observe Grossemans hands, the cash as a rule goes to numerous divisions including the Dean of the school yet none of the cash goes to the athletic office. So who has the option to choose if the children who placed in their central cores into their game ought not get paid? The NCAA has restricted school players from accepting additional advantages from anyone. As of late however the NCAA has started to reevaluate their choice regarding this matter, with players and school getting captured constantly for giving and accepting additional advantages the NCAA are beginning to consider changing their laws. It is adverse to both the schools name and the players for being gotten for additional advantage embarrassments. A few people say that there is a lot under the table installment proceeding to uphold at any rate. In the event that the competitors got what they merited and got paid to play this would not be an issue. Paying competitors to play ought to be lawful they invested an excess of energy into it not to get paid. So while the mentors get paid more than the President of the United States does players kick back and must be content with the perspiration away from them as installment. Without the players mentors would not get paid as much as they do no one goes to see a school game to see the mentor in real life they go to see the players. No one turns on the TV to perceive how well the mentor will respond in a game they watch it to see their group, their players in real life. So there is a lot of contention in the realm of school sports about where the cash ought to go. Would it be a good idea for it to all go to the schools and mentors? Or then again should the players that make the games conceivable and make the mentors pay rates and

Thursday, July 23, 2020

Hamlin, Hannibal

Hamlin, Hannibal Hamlin, Hannibal, 1809â€"91, Vice President of the United States (1861â€"65), b. Paris, Maine. Admitted to the bar in 1833, he practiced at Hampden, Maine. He was a Maine legislator (1836â€"40, 1847), a U.S. Representative (1843â€"47), and a U.S. Senator (1848â€"57). As a Democrat he supported Franklin Pierce's administration, but left (1856) his party when it adopted a strong proslavery platform, and joined the Republican party; in the same year he was elected governor of Maine. After a few weeks he resigned to reenter (1857) the U.S. Senate, where he became increasingly prominent. Geographical and political considerations made him a natural choice as Abraham Lincoln's running mate in 1860. As Vice President during the Civil War he presided over the Senate with ability and took part in a variety of governmental wartime activities. He returned to the Senate (1869â€"81), supporting the Reconstruction and the economic policies of his party. He was minister to Spain in 1881â€"82. See biographies by his grandson Charles E. Hamlin (1899, repr. 1971) and H. D. Hunt (1969). The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved. See more Encyclopedia articles on: U.S. History: Biographies

Sunday, June 28, 2020

Is Gun Control an Effective way to Control Crime - 1100 Words

Is Gun Control an Effective way to Control Crime? (Essay Sample) Content: NameProfessorCourseDateIs Gun Control an Effective way to Control Crime?IntroductionThere has been a heated debate on the issue of gun control on whether they are effective in reducing crime or not. All the citizens of the United States are interested in reducing gun violence. This is because gun violence, which results from the ownership of guns by a large number of people, is very harmful to the American society in terms of causing violence. Every single day, about thirteen children in the United States under nineteen years of age are killed by use of guns (Sampathkumar, 17). The other leading cause of deaths for youths aged between ten to nineteen years is homicides, which have also been accelerated by the increase in the number of guns in circulation. This is the number one death cause for black males in this age bracket (Youth Violence, 201). These homicides are committed using firearms and especially the handguns. There has been a heated debate between those who believe gun ownership should be controlled and those who think that there should be no gun control laws and that everyone should be allowed to freely own guns. On the side of those who want gun control laws put in place, they want the government to crack down on the manufacturers of guns, the sellers and also the owners to the point that guns cannot be owned by citizens. Generally, these people want to ensure the availability of guns is limited. On the other hand, the NRA claims that all the citizens are given a right to bear arms by the Second Amendment and therefore it fights any attempt to control the manufacture and sale of firearms (Harwood, 217). As a way to deter crime, the NRA and its allies advocate for tough sentences against those people who use guns to carry out criminal activities (Harwood, 27). Although these laws are a good deterrent to crime, they may not be as effective as gun control laws.Gun control can reduce crime significantly. There are several points in supp ort of this stance. One such a point is that when there are more guns circulating, the number of crimes that involve guns will be higher. This is because the person has the gun at their disposal and therefore they can use it whenever they want to do crime. This would not be the case if there were gun control laws to ensure that no civilians own guns as this would mean there are less guns circulating, which in turn would reduce the number of crimes that are committed using guns. In addition, when one owns a gun, they are at a higher risk of getting killed than when they do not own a gun. It is also obvious that when guns are kept out of the hands of criminals, the number of violent crimes is reduced. This is because the criminals will not have guns they can use in carrying out criminal activities. Therefore, if the laws are enforced to control the ownership of guns, the guns that are owned by criminals will be taken away from them and so the number of violent crimes that involve guns will be reduced.The National Rifle Association and allies criticize the arguments that gun ownership should be controlled and claim that gun control cannot reduce crime by any means. They offer another alternative for reducing crime. These claim that it is not guns that kill people and that it is people that kill other people. Based on this, they claim that more people should carry guns as that way, they will be able to protect themselves and this would result in less violent crimes. To advance their argument, they further state that the laws to control gun ownership are not constitutional because they violate the right of the citizens to bear arms provided for in the Second Amendment. They hold that an alternative should be used to reduce violent crimes, this is mandatory sentences against people who use firearms to commit crime. They claim that this will be more effective that gun control laws in reducing crime.Some of these arguments are not valid. For example, the statistics to support the fact that if there were more guns among citizens to defend themselves with the crime rates would go low is untenable because this would only result in a little decrease because the victims are rarely in a position to use their weapons when they are attacked. In addition, according to the United States Supreme Court has not read the second amendment as having given people personal rights to carry arms. The court sees it as a declaration that the congress must not do anything aimed at displacing the state militias. In addition, even if the people are in a position to defend themselves using the guns they have, the number of deaths resulting from gun violence would increase as this is likely to cause the death of the person who wanted to commit the crime or even both, or even result in a mass shoot out where there are many criminals wishing to rob many people, who will in turn get their guns out to defend themselves.

Friday, May 22, 2020

What Intimate Relationship Between Transparent Logic,...

Japanese autodidact modernist architect Tadao Ando, explores the intimate relationship between transparent logic, abstraction, nature and place through the study of material and form and the interaction between the everyday human life and it’s surrounding in his architecture. The interplay of these elements are evident through his body of work especially his residential Koshino House and Extension project. His broad depth in understanding the inherent fundamental human needs and his close study of famous modernist architects such as Le Corbusier and Frank Lloyd Wright has resulted in his prevailing success. â€Å"I create architectural order on the basis of geometry†¦ and in this way to develop a theory of parts that is founded on the sensibility of the Japanese people†. As a child growing up in front of a wood workshop, being fascinated by what he saw, at the age of 10 – 17 Ando became an apprentice, learning to create wooden models and the skills of a carpenter. There he discovered the beauty of the balance between a form and the material it is made of. However it was not until he was 18, when he discovered a book about Le Corbusier and began to travel and analyse traditional and contemporary architecture in Japan, Europe and the United States, he came to understand these relationships in actual architecture as an entire physical being. (pritzker prize). His visit to the Pantheon in Rome and Le Corbusier’s Únite d’Habitation flourished his own understanding of spatialShow MoreRelatedMetz Film Language a Semiotics of the Cinema PDF100902 Words    |  316 Pagesdisparity between ten and twelve is caused by the fact that Chapter 5 was condensed out of three separate articles. As the title indicates, the articles included in this volume have been selected exclusively from the author s writings on cinematographic problems.* Since this is, therefore, a collection, I have not tried to eliminate or disguise the few inevitable repetitions. Similarly, I have not allowed myself to excise or replace passages that, as a result of the lapse in time between their originalRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagesways of improving it. Although always appealing to his economic understandings, he has been open to a wide variety of other ideas, recognizing their intellectual strengths and capabilities rather than making artificial distinctions between what is acceptable and what is not. He also has contributed widely to the accounting literature, taking forward the British tradition of economic theorizing in financial accounting as well as being a constant source of creative thinking in the management accountingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesISBN-10: 0-13-283487-1 1. Organizational behavior. I. Judge, Tim. II. Title. HD58.7.R62 2012 658.3—dc23 2011038674 10 9 8 7 6 5 4 3 2 1 ISBN 10: 0-13-283487-1 ISBN 13: 978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making 165 Motivation Concepts 201 Motivation:

Tuesday, May 19, 2020

Harriet Tubman A Women In US History - Free Essay Example

Sample details Pages: 9 Words: 2768 Downloads: 10 Date added: 2019/06/14 Category History Essay Level High school Tags: Harriet Tubman Essay Did you like this example? Harriet Tubman was a well renowned public figure and a heroine who is popularly remembered for her contribution to the history of the United States. At the same time, Tubman is recognized as the most important symbol in the anti-slavery era. In fact, the actual activities she took part in her entire life made her prominence undisputable (Larson). Don’t waste time! Our writers will create an original "Harriet Tubman: A Women In US History" essay for you Create order In addition, she is the third most identified as an African American historical figure. Harriet was a political activist who was active as early the 1820s.Tubman escaped slavery to become an activist (King et al.). She played a very crucial role in bringing an end to slavery for the black people, bearing in mind that she was brought up in a community where there were entitled in slavery for a long period of time during those eras. She led hundreds of enslaved people to freedom along the underground rail tracks. Her efforts were significant in that they brought a great change for the blacks in the United States. Harriet Tubmanrs Early Life Harriet Tubman was born between the years 1820 and 1825 in Dorchester County, Maryland in a family of nine children. Too unfortunate for her, both her parents, Benjamin Ross and Harriet Green was enslaved. She was named Araminta Ross. Most of her siblings had been sold to slavery. (King et al.). At the same time, she was deeply religious and her beliefs gave her confidence in enslaving her family and friends. However, she remained illiterate throughout her entire life. Harriett Tubmanrs life was generally characterized by hardships. She was subjected to physical torture which caused her permanent injuries. She recounted on these scars in her entire life. Between freedom and slavery, there seemed a huge boundary for them. Harriet was hired at the tender age of 5, as a babysitter. However, she preferred working in the plantations despite the hard activities that were there rather than being subjected to a white woman in household chores (King et al.). During her teenager age and working as a slave, she was hit with a metal object. The instance happened after a refusing to chase after a slave who had left the fields without permission. Unluckily, she obtained head injuries that gave her a real struggle with hallucinating and strange dreams throughout her tender age. Harriets grandmother is believed to have found a way into the United States during the transatlantic slave trade. In this case, their origin is traced to be Ghana, particularly the Ashanti tribe of West Africa. She was married in the year 1844 to John Tubman who was a black free man. Despite marrying a free man, she remained a slave and worked in the plantations for the white men (Siener and Chambers). During this period of marriage, Araminta changed her name to Harriet to honor her mother. However, the couple did not bear any children since they feared that he or she would be enslaved. As a result, they parted ways and in 1869 Harriet married a veteran named Nelson Davis with whom they adopted a child named Gertie. A few years later, her employer passed on and in this case, her family was at the risk of being sold. To avoid this, she escaped to Philadelphia through the Underground Railroad. The railroad also facilitated the escape of thousands of slaves to different parts of North America. After the escape, she went on settled and started working as a conductor on the railroad. Later on, she returned to Maryland on several occasions where she successfully rescued her family and at least 300 slaves before the start of the civil war (King et al.). During the civil war, she served as a cook, nurse, and a teacher. Tubman also had a role in the relocation of slaves. This made her join the scouting movement in which she hunted down enemy camps. The most important task that she took part in which she accompanied Colonel James Montgomery was to raid a gunboat in South Carolina. The reason behind this target was to enable those slaves who were unlucky to escape to find their way into the Union Lines. As a result, the raid played an important role in the liberation as more slaves successfully escaped. Tubman continued with similar missions while at the same time playing her role as a nurse. Tubmanrs later life At the end of the civil war, she relocated to New York with her family. During this period she continued to be a necessary figure and fought against racism and women rights, she firmly stood for women suffrage and led them in the fight for allowance in the voting system. Tubman traveled to various parts of the United States to advocate for the rights of women (Larson). Despite her elderly age, Tubman still had the desire to yet fulfill another dream. She established a home for the aged. She also engaged in a long time struggle for recognition for her service during the civil war. She made use of her actions while in the civil war and worth noting is that was a speaker in The National Federation of Afro American Women during its first immediate conference. As she aged, Tubman struggled with headaches and seizures. At the same time, her childhood trauma plagued her to an extent that she had a brain surgery. However the operation did not bear fruits and in this case, she experienced much pain to an extent that she had requested for anesthesia, or a being gunned down by a bullet. Later on, she passed on as a result of Pneumonia and was laid to rest in Auburn. Influences that shaped Tubmanrs career, her personal life, and her family during her era Several factors can be traced back to the time of Tubman which had might have had an impact on her lifelong passions of liberty, equality and self- determination. To start with, Tubman was born in a humble family and was subjected to slavery and torture by the white men who had employed her parents (Timeline of the Life of Harriet Tubman: Harriet Tubman). In her life history, we are made to believe that she was born as a slave and she could only alternate only between walking and running like her fellow thousands of slaves hoping that she would one day be free. This unbearable condition opened her mind and as a result, she figured out ways in which she could fight for freedom. In addition, to skills for adaptation, Tubman gained a great insight in the ability to endure hardships through experience with slave owners. When hired out by Brodess, she was frequently whipped and bore these scars for her entire life. We are told that during this period she was rented to a mistress, who ordered her to perform domestic duties (Timeline of the Life of Harriet Tubman: Harriet Tubman). She had no experience to perform the duties and as a result, she used to be punished severely at the same time she was struck with a metal by a slave owner nearly killing her. This exposure made her learn about cruel individuals and how to endure them. This is reflected in the context when she returned to Maryland to rescue her people. Therefore encounter with slave owners impacted her personality which she later on used as a perfection in her career. Consequently, the experience with slave owners she learned that the life of an enslaved individual was not permanent. Tubmans parents were answerable to different slave owners. Her family members kept on relocating to different places over time and the marriage system that existed during that era changed with time (Larson). As a result, she was made to appreciate the fact that life and other factors were subject to timelines. Therefore she had to be ready at all times to accommodate new relationships and conform to changes in the environment. We can assert this as we see that she was ready to settle with another partner during the civil war. This was necessary for her quickly come up with an effective resolution to a condition. This had a role to play in her career. At the same time, during that period the United States was a capitalist state. During her slavery experience, she managed to appreciate the capitalist system. Importantly is that she could be given an opportunity to hire herself while paying a fixed annual fee to her employer in return of the favor extended to her (King et al). Familiarizing with the capitalist system made her appreciate the freedom of having capital that later impacted her goals. In addition, we are told that during the era of civil war, she could work with no pay. The absence of the knowledge of capitalism would have failed because she could not have managed to fund her goal in the liberation of African American slaves. The Underground Railroad itself had significance in the career of Tubman. She operated as a conductor and this facilitated her ease locomote freely. This acted as a network since she could easily access other regions in Maryland (Siener, and Chambers). In this way she was able to have concepts on the situation in which the people were going through there. She effectively utilized this as a chance to spy on the southern regions in which she was able to identify the areas in which slavery was the word of the day similar to her origin. This factor played an important role in future practice. That is, we later see Tubman using the Underground Railroad to liberate the slaves. Furthermore, the American civil war influenced the development of her career. During this period, she was a nurse, spy, and a cook at the same time. Her little contribution in the war made her known to an extent that she was offered a position to be a scout (Siener, and Chambers). Once she accepted the offer she was able to meet influential individuals from diverse backgrounds and locations. Most of them were powerful and here she learned the idea of manipulation for her to get the required intentions. Moreover, she managed to develop her communication skills which she later used in the suffrage movements and fighting for the right of women. This polished up her career. Tubmanrs contribution in the United States The famous activist made numerous contributions that impacted the state in a number of ways. It is necessary to understand what her biggest accomplishments were during her lifetime. Some of the contributions are expounded below. First, Harriet Tubman was unconditionally aimed at the abolition of the slave trade by all means possible. Her exposure to slavery for many years was a major contributor to this fight (Siener, and Chambers). At the same time, her experience in leading slaves along the Underground Railroad was significant and also taking into consideration that she was familiar with the land. Moreover, she recruited individuals who were formerly slaves to hunt down for rebel camps and liaise with her on the movements of the Confederate troops. Using all these techniques, she luckily managed to bring many people from slavery to freedom. This pursuit of freedom was a very important contribution. Secondly, Harriet made an indisputable contribution during the American civil wars. In fact, she was the first woman to lead a military expedition in the history of American wars. (Larson). Moreover, she served as a cook and nurse in the Union Army. Additionally, she acted as a spy during the war. During the war, she still had the ambition to liberate slaves. As evidence, she helped out more than 700 slaves to escape torture. In addition, during her late life, she still reinvented herself where she advocated for women rights in her suffrage movements Tubmans Controversy One of the major controversies that Tubman was involved in is based on the liberation of the slaves through the Underground Railroad. She contradicted her statement when she was asked the manner in which she managed to enslave hundreds of African Americans via the railroad during the American civil war (Larson). Her response was self-centered and staged. She answered that she could have saved thousands of them, if only she convinced them that they were slaves. In this context, we are left in suspense wondering what her implication was. As a matter of fact, we would expect a more meaningful response. For instance, she could have mentioned the reasons why it was only possible to liberate hundreds of slaves and not thousands. This was a major controversy during her time period. Obstacles that Tubman faced Despite her greatest successes in her life by helping save thousands of slaves in the Underground Railroad, Harriet failed to follow any rules. Most of her missions were led by her own manipulated rules (Timeline of the Life of Harriet Tubman: Harriet Tubman). However many people could say that was a true inspiration. What led Tubman throughout her mission in the United States was the quote Failure is the secret to success. Another failure that we can trace in her life, though personal, is that she did not maintain her marriage with her first husband. So unfortunate, she did not manage to give birth to children. Though the condition during that era was a little bit complicated it would have been a wise idea to sire children who could take after her and continue with her fruitful efforts. At the same time, she advocated for capitalism which occurred and at the same time torturing the backs of the enslaved population. Through this, the rise of American power found its way to trade founded on colonialism. Europeans could buy products from slavery camps which were plantations (Coker). The increased production of cotton facilitated the continuation of the slave trade so as to meet the demand. This capital investment that made use of paper money really had a role in the continued slavery of Tubman and her people. In this case, she failed in the manner that while she was still working in the plantation she could be hired out other people and in return, she could bribe her boss. This can be seen as a betrayal to her own people. Challenges that Tubman Faced Tubman was challenged in helping slaves to escape without being harmed. She could try all means avoid these. During her early life, she faced physical torture from her employer. For instance, she obtained a head injury while trying to defend a slave who had left the field without permission and this condition persisted up to her later years (Coker). At the same time, she could suffer from hunger while she was young and as a result, she had to struggle with her parents to get the daily bread. Moreover while working with the white woman as a babysitter, she could be heavily beaten as she did not have any experience in domestic duties. How Tubman faced obstacles Tubman was a religious and devoted woman who used this as a weapon to keep her moving on every time. Another way in which she faced obstacles was by hardening herself. For instance, despite the many years in torture and slavery, she was still focused on her goal to bring slavery to an end (King et al.). Her persistence and stronghold on advocating for justice really helped her overcome the obstacles that she faced in her career. In addition, her quote Failure is the secret to success. Was also an encouragement in her life. All the above made her successfully advance on her career successfully. Tubmanrs triumphs Most of the successes that Tubman achieved have been seen throughout the paper. However, we will have a short recap over the same. To start with, Tubman managed to successfully free a large number of slaves who had been captured in various parts of the United States. Secondly, she was able to form troops from the ex-slaves who assisted her to liberate other slaves within a short period of time. She also owned a land which was later on donated for the needy. Nevertheless, she was involved in movements that advocated feminism and the rights of women. Also, she worked as a conductor in the Underground Railroad for 11 years. Her contribution to the civil war as a nurse and a cook at the same time cannot be neglected. Conclusion Harriet Tubman is one kind of a hero who has changed the lives of many. She is a great inspiration to the people of the United States and the whole world as a whole. She is a role model to others and itrs our moral obligation to support such leaders for a better tomorrow.

Thursday, May 7, 2020

Kitchen Remodel Risk Management Plan - 3239 Words

Kitchen Remodel Risk Management Plan Maitai Gordwin North Central University Abstract Project Management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements (Project Management Institute, 2008; Gordwin, 2012). When applying this knowledge effective management of appropriate processes is required. Risk Management is considered most critical and includes the processes of conducting risk management planning, identification, analysis, response planning, and monitoring and control on a project. The purpose of the risk management plan is to establish framework in which the project team will identify risks and develop mitigation strategies to avoid, eliminate or convert to†¦show more content†¦RISK MANAGEMENT PROCESS Planning risk management process is important to ensure that the degree type, and visibility of the risk management commensurate with both the risks and the importance of the project to the organization (Project Management Institute, 2008). Risk will be identified within the initiation phase of the project, to ensure the impact is minimal and ensure enough time to plan risk mitigation strategies. The project manager and project team are responsible for ensuring risk are actively identified, analyzed, and consistently managed throughout the life cycle of the project. The following processes outlined below will be implemented for this project: * Identify Risks * Assess Risk-Perform Qualitative Risk Analysis * Risk Mitigation * Monitor and Control * Risk Closure * Lessons Learned The risk management process is iterative; therefore processes are handled in sequence (Phillips, 20090. Initially, the first phase of the Risk Management process is risk assessment, including risk identification and risk analysis. The next phase is risk response which decides what should be done about assessed risk (Seyedhoseini, SM; Hate, MA, 2009). The diagram below in Figure 1, illustrates the project’s risk management processes and procedures for this project. Figure1. Risk Management Process Diagram.Show MoreRelatedAnalyze The Concept Of Risk. Risk Is Not A Problem Risk1374 Words   |  6 PagesAnalyze the Concept of Risk Risk is not a problem; risk is an issue that could possibly develop and affect the outcome of a project (Risk Management Plan, 1997). 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My implementation plan will include some important factors such as: Objectives, Functional Statics, Action Items, Milestones and Deadlines, Task and Task Ownership, Resource AllocationRead MoreOriental Restaurant Plans Entering The Restaurant Business1485 Words   |  6 PagesImplementation Plan: Oriental Restaurant plans entering the restaurant business by September, 2015. As owner, I will create an implementation plan for our business to follow. The implementation plan will clearly define all tasks and actions of the business which make my restaurant achieve the short-term objectives. 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The project, called the next-generation installed sales (NGIS) initiative, was a concerted effort by Lowe’s to expand its service offerings to become an end-to-end solution provider for customers’ kitchen remodeling projects. Brad Simpson, a marketing manager at Lowe’s, explained that the NGIS would be a very different approach from Lowe’sRead MoreLowes Case2903 Words   |  12 Pagestheir service offerings to become an end to end solution provider for customer’s kitchen remodeling projects. The main challenges faced by Simpson were how to move into kitchen remodeling business? and how to position Lowe in the market? Another challenge was how to reach the customers. 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Wednesday, May 6, 2020

Multiculturalism Of The United States As An ( Ethno )...

Kim 2004: 996). Thus, it might be more appropriate to speak of multiculturalism in the United States as an (ethno)racial project. While the direct origin of multicultural rhetoric was America’s race problem, it cannot be fully said that multicultural theory directly answered questions of American’s race problem. In fact, as much as official multiculturalism attempted to make sense of the increasing â€Å"diverse† makeup of its nation, it also hid many of the issues that it was attempting to resolve. For instance, multiculturalism in the United States could be seen as reifying triumphalist narratives of the United States as this great and ever improving ‘melting pot’, at the expense of erasing the counter-narratives of exploitation and power relations that lead to the very â€Å"multicultural† fabric of the present and the past United States. (Kim 2004 989; 993-94). Beyond mistakenly painting immigration as voluntary, multiculturalism—es pecially that of official multiculturalism—created new understandings of ethno-racial dynamics that did not map onto the reality of the United States. This method is tri-fold. First multiculturalism created â€Å"anti-modern† connotations of compartmentalized and â€Å"primordial, ascribed and all-encompassing† group identities (Joppke 2011, 31). Instead of leaving space for multiple sites of pluralistic and hybrid individual identity, a certain factor or element of a person’s identity became the whole of that person’s identity, in such a way that this oneShow MoreRelatedMulticulturalism As A Racial Project900 Words   |  4 PagesThus, despite its many manifestations and interpretations, multiculturalism in Germany can be primarily seen as an answer to the question of â€Å"Germanness†. While Joppke, sees this as largely a push aided by (perhaps alarming) immigration patterns to understand Germaneness without old concepts of nationhood, I attempt to put new emphasis on what this new Germanness meant. While attempting to perhaps transcend nationhood, multiculturalist movement in Germany predominantly attempted to understand GermanenessRead MoreMulticulturalism Is America s Unresolved Race Problem911 Words   |  4 Pagesâ€Å"the direct origin of multiculturalism is America’s unresolved race problem† (Joppke 2011, 36). Indeed, in light of the aforementioned historical processes, multiculturalism began (and developed into the official multiculturalism of the 80s and 90s) as something quite similar to a â€Å"racial project† a la Omi and Winant. Seen as an integral step in guiding racial formation, Michael Omi and Howard Winant defines a racial project as following (Omi and Winant 1994,56): â€Å"A racial project is simultaneously anRead MoreMulticulturalism As Basis For Varied Ethno Racial Projects863 Words   |  4 Pages(Failed?) Multiculturalism as Basis for Varied Ethno-Racial Projects: The United States and Germany in Comparison Emerging during the post-WWII reality of the United States, the term â€Å"multiculturalism† has long been embedded into the fabric of American understandings of race and ethnicity. Despite recent efforts to move ‘beyond multiculturalism’, this word and the color-blind ideology supporting it will continue to shape the trajectory of attitudes, policies and activism in the United States. SimilarlyRead More The Sale of Indian Textiles in Canada Essay6159 Words   |  25 Pagesa variety of business opportunities. With such a large population of immigrants, Canada is known for its acceptance of diverse cultures. English and French are Canadas official languages and there are many other languages spoken freely by diverse racial groups on Canadian soil. Many different religions are also practiced freely and peacefully in Canada. India has a population of 986.6 million people. This country holds 15 % of the worlds entire population. Within this country, a variety of culturesRead MoreRacism and Ethnic Discrimination44667 Words   |  179 Pagesof the study 2.1 Scope and methodology 4 7 7 3. Racism and individual and collective human rights 3.1 A note on cultural and ethnic identity 9 11 4. Racism: colonial inheritance 4.1 Nicaragua: multiethnic and pluricultural state 4.2 The historic roots of differences, discrimination, and racism 4.2.1 Spanish Conquest and its repercussions in Indigenous cultures of the Pacific, Central and North 4.2.2 English colonization in the Caribbean Coast region 4.2.3 The Liberal

Case1 Free Essays

CASE 1 1. Explain the difference between the three types of server virtualization using the first video. 1) Virtualization: virtualization uses a special kind of software called a hypervisor. We will write a custom essay sample on Case1 or any similar topic only for you Order Now The hypervisor interacts directly with the physical server’s CPU and disk space. It serves as a platform for the virtual servers’ operating systems. The hypervisor keeps each virtual server completely independent and unaware of the other virtual servers running on the physical machine. Each guest server runs on its own OS — even have one guest running on Linux and another on Windows. The hypervisor monitors the physical server’s resources. As virtual servers run applications, the hypervisor relays resources from the physical machine to the appropriate virtual server. Hypervisors have their own processing needs, which mean that the physical server must reserve some processing power and resources to run the hypervisor application. This can impact overall server performance and slow down applications. ) Para-virtualization: Para-virtualization approach is a little different. Unlike the full virtualization technique, the guest servers in a Para-virtualization system are aware of one another. A Para-virtualization hypervisor doesn’t need as much processing power to manage the guest operating systems, because each OS is already aware of the demands the other operating systems are placing on the physical server. The entire system works together as a c ohesive unit. 3) OS-level virtualization: OS-level virtualization approach doesn’t use a hypervisor at all. Instead, the virtualization capability is part of the host OS, which performs all the functions of a fully virtualized hypervisor. The biggest limitation of this approach is that all the guest servers must run the same OS. Each virtual server remains independent from all the others, but you can’t mix and match operating systems among them. Because all the guest operating systems must be the same, this is called a homogeneous environment. 2. Why is virtualization important to a company like Hudson’s Bay Company? How did that factor into their decision to partner with IBM? For this company, they have lots of contact directly with their customer that they need to have great efficiency to serve their customer and did a right statistic and accurate record to establish their information system to see how to make them better. Virtualization can help them realize the capacity, delivered as promise and decline the timing when they are planning. For example, they want to create an image that once might take an hour, but after, it takes only in minutes. It helps them save time that adds more efficiency for them. About their decision to partner with IBM, IBM led to industry that they believe it will be an innovation and useful for their company operating to cooperate with them and it will also benefit in both of them. 3. What kind of companies are likely to use a storage area network (SAN)? The company which has massive information to flow in and out will likely to use SAN that’s because it will protect the information from the suddenly down of computer, and company still can use the information they want on the Cloud. A storage area network (SAN) is a dedicated network that provides access to consolidated, block level data storage. SANs are primarily used to make storage devices, such as disk arrays, tape libraries, and optical jukeboxes, accessible to servers so that the devices appear like locally attached devices to the operating system. A SAN typically has its own network of storage devices that are generally not accessible through the local area network by other devices. The cost and complexity of SANs dropped in the early 2000s to levels allowing wider adoption across both enterprise and small to medium sized business environments. A SAN does not provide file abstraction, only block-level operations. However, file systems built on top of SANs do provide file-level access, and are known as SAN file systems or shared disk file systems. 4. Can you think of any risks involved in virtualization? Although, virtualization emphasize the efficiency of minimize the risk that they enhance the security by centralized IT management, easily update service packs patches and easily restore servers. Once, it was really damage and lost any control, it might be totally break down, because such as all of the desktop are manage by one central sever. If the information are hike it once, it would happened at the same way because centralize all the things in one place, and it would be the risk that we have think about it. 5. Explain why virtualization is considered a â€Å"green† technology. Virtualization can improve the percentage of resources using, increase the flexibility of IT, decrease the system’s operation time, help to cut down the human resources to manage and achieve the function of environment protecting of saving energy and reduce carbon dioxide. Green technology, also called environment technology, is an application of environment science to sustain the natural environment and to reduce the negative effects from human activities. Sustainable development is the core goal of green technology. Because virtualization let many companies to reduce the wasting of hardware and the environment impact from those companies. So we think virtualization is such a kind of green technology. How to cite Case1, Papers

Hospitality of G Hotel Group

Question: Discuss about the Hospitality of G Hotel Group. Answer: Introduction The G Hotel Group (GHG), one of the international Australian Hotel chain aims to employ environmental management and green operating practices in their offered services so that they can also leave positive impact upon travelers as an eco friendly organization. With the intention to become a prominent hotel chain of Sydney harbor, a 4-star property located in Barangaroo Precinct so that they can meet with the growing urban demands of these areas. For this reason, this organization has developed a task force by involving Chief Engineers and Division Managers. This essay puts the importance upon discussing the eco-friendly operations and their practices with reference to the three clusters namely water consumption, energy consumption and waste management of the Green Operations Task Force of GHG. In this assignment, the proposed measures for GHG are elaborately presented in accordance with the three clusters. Discussion Due to the global water scarcity, in 2012, the major 16 global hotels under Water Working Group aim to suggest the hospitality organizations the measures to preserve maximum amount of water (Bruns-Smith et al., 2015). In the case of GHG, the key water issues need to be identified so that so that the available amount of water along with its quality can be assumed. The awareness about water preservation needs to be developed among the employees so that they can also understand the necessity of preserving sufficient amount of water. There are some important measures with which the management of GHG can successfully increase their possibility for water consumption: At first the management needs to prepare an audit of their hotels so that they can identify the areas where water can be saved in large amount in order to reduce the cost. As GHG aims to operate their daily hospitality operations by dividing their hotel rooms, it may raise the water consumption level. Therefore, the audit is very much required so that the hotel authorities can perfectly assume their water consumption rate on which the reduction measures can be determined. As opined by Chong et al. (2014), by installing Continuous Batch Washer (CBW), the management can ensure the usage of rinse washer for the purpose of pre-washing. On the other hand, employing of ozone laundry system, the international hotel authorities, having more than 500 rooms, can use ozone with water so that they can provide the travelers satisfactory wash of their cloths without using much water (Dinars Saur, 2015). The swimming pools need to be cleaned after alternative 2-3 days in backwash system so that the water can be recaptured for the purpose of irrigation. The regular checking for leakage problem in the pools can also help to reduce water wastage amount. The gardeners can use automated sprinklers in order to water the plants of their gardens. In this way, the water wastage can be reduced to 40% (Kuuder et al., 2014). In the kitchens, pre-soaking utensils along with taps with a flow rate of 9 liters/ minute can be used so that the managements of the hotels under GHG can save the cost and quantity of the running water. By installing low flow technology such as low flow shower heads, taps etc in the bathrooms and kitchen sinks, GHG can save a huge amount of water without affecting their customer satisfaction level. In this way, the management can reduce the water consumption to 50% as a whole. Moreover, it uses almost 8.90 liters per minute which is supposed to be less than other contemporary water heads. For example, the famous hotel chain of Australia Holiday Inn utilizes this system by investing AUD $ 21500 for one year and becomes able to reduce their water consumption amount to around 49% (Xiaomeng, 2013). By employing Grey water system, the GHG can reduce the water wastage to around 52% at the time of toilet flushing in their hotels (Yang, Tong Ou, 2014). However, as this system is quite expensive, GHG can face huge financial bills at the time of installing this system in all their local and international hotels. In order to avoid such obstacles and reduce the costs, the management of GHG can use this system in a retrofit manner. In order to leave a positive eco-friendly foot prints all the hotels under GHG need to stress importance upon reducing the energy consumption rate. The Global Carbon Trust indicates to the hotels for the reduction of energy consumption by adapting simple measures. There are some easy recommendations for GHG so that they can successfully reduce their energy consumption rate: The managements of the hotels of under GHG can install Energy Star skylights with which they can enlighten their lobby, night clubs, discos, restaurants etc. On the other hand, the employment of daylight can help to reduce energy consumption rate as the daylight can be used for their lobbies, washrooms etc during day times (Laustsen, 2012). The installation of Energy management System can help the hotel managements under GHG to control the lighting, air conditioning system to the areas when it is not necessary (Qi, Jiancheng Chenhao, 2015). This method can help to reduce the energy consumption to around 35%. By employing Energy Star heating and cooling systems, the management of GHG can increase energy efficiency in their hotels. By fixing the heating set point to 720 F or lower degree to that and by fixing the cooling point to 720 F or above, the management of GHG can be able to control their energy consumption rate in their hotels (NiÃ… ¾i? Bra?i?, 2014). The frequent use of LED tubes, bulbs in the kitchen, lobby, which can effectively reduce the energy consumption rate in the hotels. The old machines including washing machines, dish washers etc with new water and energy saving facilities (Xiaomeng, 2013). In order to reduce the energy consumption rate without bothering the travelers, the management of GHG can utilize censored bulbs and tubes in the kitchen, bathrooms, and lobbies. From the viewpoint of Trivedi and Soni (2015), in the swimming pool areas air-source heat pump along with solar PV system so that water heating system in winter can be done without using any electricity. As opined by Yang, Tong and Ou (2014), this can help the hotel authorities under GHG to save ultimate energy consumption. The roofs, walls of the rooms can be built in a radiant barrier manner so that the inner temperature can be adjusted in accordance with the season. However, this measure can be proved to be very costly because GHG has several national and international hotels under it where the energy consumption rate also needs to be controlled (Yang, Tong Ou, 2014). By switching to green roof for the hotels, the management of GHG can reduce their energy consumption rate. However, this measure is also considered as absurd because it is not always possible for a huge number of hotels. In order to reduce the water, air along with soil pollution, the management of GHG needs to adapt some necessary measures so that they can be able to develop their desired Geo hotel. The carbon diffusion rate, mixing of chemicals in the groundwater and earth etc can help to create good impression upon the business (Chu, 2014). There are some recommendations for GHG hotels so that they can successfully improve their waste management system: The employment of waste recycling process, the management can be able to reuse their waste materials. Materials like newspaper, aluminum, glass, metal, cardboards etc can be easily recycled which can successfully reduce the waste amount from these hotels. Chu (2014) opined that it is necessary for the hotel authorities to ensure the employment of waste recycling process with which they can be able to stay environment friendly. According to Kuuder et al. (2014), by using different segmented waste bins near swimming pools, rooms, kitchen etc the management of GHG can ensure to make the waste collection procedure easy (Buso et al., 2014). The employment of colorful and innovative waste bins can encourage the hotel staffs along with the travelers to throw disposable wastes in those particular sections of these bins. By identifying the suitable waste disposable method along with the required costs with the help of a proper waste audit, the management of GHG hotels can determine their desired waste recycling measure along with their suitable training processes of their staffs (Trivedi Soni, 2015). The old and rejected furniture can be distributed among hotel staffs and lower grade employees so that they can be used them. On the other hand, the old linen bedcovers, aprons, curtains of the hotel rooms can be used for making fashionable recycled shopping bags. The carpets can be created by using the rotten mattresses (Chong et al., 2014). Likewise, ceramic floor materials can be used for creating paths for the travelers. By using the above stated measures, the water and energy consumption rate also can be controlled. Conclusion In this way, the eco friendly practices in GHG are vividly discussed in accordance with the given three clusters such as water consumption, energy consumption and waste management. The advantages and disadvantages of the recommended measures are also mentioned so that the relevance of these measures in the given context of GHG can be evaluated. With the help of these recommended measures, GHG can increase their sustainability in the present hospitality market situation in Australia. Thus the scope of GHG of further improvement is described in details. References Bruns-Smith, A., Choy, V., Chong, H., Verma, R. (2015). Environmental sustainability in the hospitality industry: Best practices, guest participation, and customer satisfaction Buso, T., Kurnitski, J., Corgnati, S. P., Litiu, A., Derjanecz, A. (2014). Nearly Zero Energy hotels.REHVA JOURNAL,51(1), 7-11 Chong, C., Ni, W., Ma, L., Liu, P., Li, Z. (2015). The use of energy in Malaysia: Tracing energy flows from primary source to end use.Energies,8(4), 2828-2866 Chu, Y. (2014). A review of studies on luxury hotels over the past two decades Dinars, M., Saur, D. (2015). Water consumption patterns of hotels and their response to droughts and public concerns regarding water conservation: The case of the Barcelona hotel industry during the 2007-2008 episode.Documents d'anlisi geogrfica,61(3), 623-649 Kuuder, C. J. W., Bagson, E., Prempeh, V. M., Mumuni, A., Adongo, R., Amoako, E. E. (2013). Energy, water and waste management in the accommodation sector of Tamale Metropolis, Ghana.American journal of tourism management,2(A), 1-9 Laustsen, J. (2012). Energy efficiency requirements in building codes, energy efficiency policies for new buildings.International Energy Agency (IEA), 477-488 NiÃ… ¾i?, M. K., Bra?i?, M. (2014). Effective use of resources in tourist facilitiesfocus on energy efficiency. In22st biennial international conference Tourism and Hospitality Industry, Trends in Tourism and Hospitality Management Qi, H., Jiancheng, K., Chenhao, H. (2015). Construction of the Comprehensive Energy Consumption Assessment Model for Star-rated Hotels and the Difference Analysis.Journal of Resources and Ecology,6(3), 164-171 Trivedi, J., Soni, B. K. (2015), A Study on Household Waste Management Practices in Gandhinagar City.NMIMS Management Xiaomeng, T. O. N. G. (2013), Energy-Efficiency Improvement in the Japanese Hotel Sector Yang, X., Tong, Q., Ou, X. (2014). Analysis of Technical Energy Conservation Potential of Chinas Energy Consumption Sectors.Open Journal of Energy Efficiency,3(04), 93

Monday, April 27, 2020

The Walt Disney Company a Financial and Organizational Analysis Essay Example For Students

The Walt Disney Company: a Financial and Organizational Analysis Essay The Walt Disney Company: A Financial and Organizational Analysis Authors: Cliff Anderson, John Morris, Jacob Lawrentz, And Donna Munsey Financial Environments of Organizations, MOL 503, MMOL 1-11 Professor: Kari Day Warner Pacific College September 10th, 2009 The Walt Disney Company: A Financial and Organizational Analysis The Organizational History of Disney Before WWII In 1939, the Valley Progress newspaper (History, p. 3) announced that San Fernando Valley in southern California would become the home of a million dollar, 51-acre lot called Walt Disney Studios. The then-current residence of Disney was established in 1925 in Los Angeles, and consisted of a single large room of 25 artists. Walt Disney (and his brother-manager Roy) had expanded Disney studios to 150 employees and 20,000 square feet of space by 1929; then, when â€Å"Snow White† came out in theatres in 1936, the studio employment had doubled to 300 employees. Operations continued to increase in the years 1937 and 1938, increasing from 300 to 600 to 900 respectively, and finally to 1,000 employees at the time of the above newspaper’s announcement. We will write a custom essay on The Walt Disney Company: a Financial and Organizational Analysis specifically for you for only $16.38 $13.9/page Order now During this burgeoning period for Disney studios, artists were not the only operational development for what would become Buena Vista Studios. Walt built a coffee shop, restaurant, gas station, sports playfields, and an 800-seat theatre†¦all for the employees. Four sound stages were produced (among other things, one was exclusive for monitoring dialogue, another for orchestration; two stalwarts when creating Disney cartoons) and, in 1940, just a year after the San Fernando studio cut its ribbon, â€Å"Fantasia† would be born and Walter Elias Disney would create a new standard in the industry of animation. It wasn’t that many years prior that Mickey Mouse learned to talk (around 1932, when â€Å"talkies† were coming of age in film); a few years before that, Walt and his brother Roy had $290. 00 between them. Apparently, Walt had his health but Roy did not, according the Valley Progress (History, p. 5). It was 1923, World War I was past and the Great Depression was the near future. Post WWII A shock to the Disney system occurred on July 17, 1955, a day referred to as â€Å"Black Sunday† (Helmore, para. ) by Disney itself. Disneyland (â€Å"Fantasyland† as it was originally called) opened its gates and faced its worst logistical nightmare. Over 30,000 people arrived for Disneyland’s Day One, broadcasting the event live to ‘50s black-and-white television-watchers. The gates of the park were literally crushed as the throng entered; the walkways had not yet set so women’s heels would penetrate and stick into the asphalt as they walked. Not eno ugh restrooms and a gas leak forced the operation to close early. In spite of these difficulties, Disneyland serviced over a million patrons in the first 7 weeks. The world outside Disney had carnival ride operations that seldom exceeded $50,000. 00 per ride with staff picked – literally – right off the street. Disney, on the other hand, went well beyond the norm to create more expensive rides like Frontierland and the Dumbo ride; staffing was handled by seeking recruitment through local colleges to accommodate the â€Å"squeaky-clean† look of Disney’s youth group demographic. Disney’s Modern Affairs Back in 1929, people went to the theatre to watch â€Å"Snow White† for the first time; by the late 1990s, over 350 million folks will have danced with Snow White on the walkways of Disneyland itself (Helmore, para. 5). Admission to Disneyland for one day cost $33. 00 with an annual ticket for $199. 00. But, in the middle and late 2000s, Disney is in the media for all the wrong reasons, apparently. Walter Disney’s personality and vision is a distant echo relegated to the past. Michael Eisner, its most recent CEO, sought to engage Disney enterprises in lucrative deals. He was intent to reclaim Disney as an industry leader in business (and not necessarily animation) by promoting ventures via a variety of directions. From new avenues of production (Miramax and Dimension Films) to broadband solutions (Comcast), television (ABC) and cable (the Disney channel, among others), Disney’s modern financial discussions are relegated to hundreds of millions of dollars if not billions (McCarthy, para. 19). Since 2005, the CEO baton was passed along for the 6th time to the company’s COO since 2000, Robert Iger. Iger has a long history within the larger framework of Disney’s enterprises, namely through ABC studio and cable network channels (Management 2009). Iger – as CEO of Disney – has focused on reconciling problematic dissension among the board of directors, especially the current Roy Disney, who, at one time, campaigned against Disney itself. Since then, the company has restructured certain key areas in management to regain investor confidence and internal affairs. Most recently, Disney announced its fiscal year and fourth quarter financial results via webcast (Corporate 2009). Segments and Subsidiaries The Walt Disney Company and its subsidiaries is a diversified worldwide entertainment company with operations in four business segments: Media Networks, Studio Entertainment, Parks and Resorts, and Consumer Products. Media Networks The Walt Disney Company is the second largest media conglomerate in the world, behind Time Warner. Its cable, satellite and international broadcast operations are principally involved in the distribution of television programming, the licensing of programming to domestic and international markets, and investing in foreign television broadcasting, production, and distribution entities. Disneys subsidiary ESPN, Inc. owns or has equity interests in or distribution agreements with twenty nine international networks reaching households in more than 190 countries and territories. Marketing magazine writes that the Disney name and logo ranks seventh among the world’s most valuable brands. The Media Networks segment includes the ABC television network in addition to ten broadcast television stations and more than seventy radio stations. The Company has various other international investments in broadcast and cable properties such as ESPN, The History Channel, Lifetime Television, International Disney Channels, and Toon Disney. The company also develops and produces television programming for distribution to global broadcasters and cable and satellite operators, including the major television networks, Disney Channel and other cable and satellite networks, under the Buena Vista Television, Buena Vista Productions, Touchstone Television and Walt Disney Television labels. Walt Disney Internet Group oversees the Web entities ABC. com, Disney Online, and ESPN. com. This segment has consistently been the most profitable segment for the Walt Disney Co. the past three years. .u33badc3c8a8d4be82216256effbf40bd , .u33badc3c8a8d4be82216256effbf40bd .postImageUrl , .u33badc3c8a8d4be82216256effbf40bd .centered-text-area { min-height: 80px; position: relative; } .u33badc3c8a8d4be82216256effbf40bd , .u33badc3c8a8d4be82216256effbf40bd:hover , .u33badc3c8a8d4be82216256effbf40bd:visited , .u33badc3c8a8d4be82216256effbf40bd:active { border:0!important; } .u33badc3c8a8d4be82216256effbf40bd .clearfix:after { content: ""; display: table; clear: both; } .u33badc3c8a8d4be82216256effbf40bd { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u33badc3c8a8d4be82216256effbf40bd:active , .u33badc3c8a8d4be82216256effbf40bd:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u33badc3c8a8d4be82216256effbf40bd .centered-text-area { width: 100%; position: relative ; } .u33badc3c8a8d4be82216256effbf40bd .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u33badc3c8a8d4be82216256effbf40bd .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u33badc3c8a8d4be82216256effbf40bd .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u33badc3c8a8d4be82216256effbf40bd:hover .ctaButton { background-color: #34495E!important; } .u33badc3c8a8d4be82216256effbf40bd .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u33badc3c8a8d4be82216256effbf40bd .u33badc3c8a8d4be82216256effbf40bd-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u33badc3c8a8d4be82216256effbf40bd:after { content: ""; display: block; clear: both; } READ: Halloween: A Groundbreaking Film EssayIt generated more than half of the company’s total operating income in 2008. Its operating income increased 11% that year over 2007. Studio Entertainment The Studio Entertainment segment produces live-action and animated motion pictures, television animation programs, musical recordings and live-stage plays. Walt Disney Pictures and Television, a subsidiary of the Company, produces and acquires live-action motion pictures that are distributed primarily under the Walt Disney Pictures and Touchstone Pictures banners. Another subsidiary, Miramax Film Corp. acquires and produces motion pictures that are distributed under the Miramax banner. The Company distributes produced and acquired films to the theatrical, home entertainment, pay-per-view, video-on-demand, pay television and free-to-air television markets. This segment appeared to be the weakest financially in 2008. It produced 13% of the Company’s operating income in 2008, but its operating income declined 9% after an increase of 64% the previous year. Parks and Resorts Walt Disney Parks Resorts owns some of the most popular resorts in North America. The company owns and operates the Walt Disney World Resort and Disney Cruise Line in Florida, the Disneyland Resort in California and ESPN Zone facilities in several states. The company licenses the operations of the Tokyo Disney Resort in Japan. The companys Walt Disney Imagineering unit designs and develops new theme park concepts and attractions as well as resort properties. The businesses in the Parks and Resorts segment generate revenues from the sale of admissions to the theme parks, room nights at the hotels and rentals at the resort properties. Costs consist primarily of the fixed cost base for physical properties and base level staffing necessary to operate the theme park and resort properties. This segment generated 22% of the Company’s operating income in 2008, and gained a healthy 11% for that category over the previous year. Consumer Products The Consumer Products segment partners with licensees, manufacturers, publishers and retailers throughout the world to design, promote and sell a variety of products based on new and existing Disney characters and other intellectual property. In addition to leveraging the Companys film and television properties, Consumer Products develops new intellectual property within its publishing and interactive gaming divisions with the potential of being leveraged across the company. The Company also engages in retail, direct mail and online distribution of products based on the Companys characters and films through The Disney Store, the Disney Catalog and DisneyDirect. com, respectively. The Disney Store is owned and operated internationally and is franchised in North America. The Consumer Products segment contributes the least amount of revenue and income of the four segments: less than 10%. But its operating income is growing at a rate of 14%, more than the other segments. It also grew 26% in the revenue category in 2008. Below is a chart of each segment’s operating income for the past three years: Ratio Analysis When considering the financial stability of the Walt Disney Corporation we wanted to look at one ratio from each of the different categories of ratios: liquidity, leverage, market, activity, and profitability. First we considered liquidity by means of Walt Disney’s current ratio. Liquidity 20082007 1. Current Ratio 1. 01x. 99x (Current assets/current liabilities) The current ratio is the most popular of the ratios, or at least it is the most commonly used. The current ratio measures a firm’s short-term liquidity and its ability to meet needs for cash as they arise. Disney saw an increase from 2007 to 2008 in realizing their ability to meet short term debts. Although it wasn’t a significant increase, taking in to consideration that Disney is an established, profitable company, it was a good sign for Disney in a slumping economy. Leverage 20082007 2. Debt to equity 1. 141. 23x (Total liabilities/stockholders equity) The debt to equity ratio is one of leverage. It measures a firms overall debt relative to its equity base. This ratio saw a decline from 2007 for Disney. This indicates that total liabilities have gone up relative to stockholders equity. When we look at the balance sheet we see that liabilities went down and so did equity from the previous year. This may be a bad sign for Disney, as owners lost value. Market 200820072006 3. Dividend payout 9. 4%13. 2%16. 1% (Dividends per share/earnings per share) The dividend payout is a market ratio and it shows percentages of earnings paid to shareholders. This ratio has shown a significant decline for the past two years from 16. 1% in 2006 down to 9. 4% in 2008. This shows that Disney is paying a lower portion to its shareholders in the form of dividends relative to earnings per share. We think that this shows a decline in cash over the last couple years but it isn’t that bad. It looks as though 2006 was a really good year, and 2007 and 2008 are leveling off. Activity 2008 2007 4. Total asset turnover. 61x. 58x (Net sales/total assets) Total asset turnover is considered an activity ratio and it measures the efficiency of a firm in managing all assets. Disney saw an increase in sales relative to total assets. This is a good thing. Basically Disney had more sales relative to its total assets showing an efficient increase in this ratio for 2007 to 2008. Profitability 20082007 5. Return on total assets 7%7. 7% (Net earnings/total assets) Finally we looked at the return on total assets. This being a profitability ratio it takes the total net earnings of a company and divides it by their total assets. This ratio shows a firm’s overall efficiency of managing its assets and generating profits. Many analysts, especially investors, may want to consider this as one of the most important ratios to look at when choosing whether to invest in a company like Disney. This ratio basically just shows whether a company can continue to produce a positive bottom line. Disney showed a decline of seven tenths of a percent from 2007 to 2008, but this is still a good number. We can definitely see that there is a decline in Disney’s profitability from 2007, but there is still a positive number showing on the financial statements for this ratio. .ub3819b6e4f9190261177ddfe5e03722b , .ub3819b6e4f9190261177ddfe5e03722b .postImageUrl , .ub3819b6e4f9190261177ddfe5e03722b .centered-text-area { min-height: 80px; position: relative; } .ub3819b6e4f9190261177ddfe5e03722b , .ub3819b6e4f9190261177ddfe5e03722b:hover , .ub3819b6e4f9190261177ddfe5e03722b:visited , .ub3819b6e4f9190261177ddfe5e03722b:active { border:0!important; } .ub3819b6e4f9190261177ddfe5e03722b .clearfix:after { content: ""; display: table; clear: both; } .ub3819b6e4f9190261177ddfe5e03722b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ub3819b6e4f9190261177ddfe5e03722b:active , .ub3819b6e4f9190261177ddfe5e03722b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ub3819b6e4f9190261177ddfe5e03722b .centered-text-area { width: 100%; position: relative ; } .ub3819b6e4f9190261177ddfe5e03722b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ub3819b6e4f9190261177ddfe5e03722b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ub3819b6e4f9190261177ddfe5e03722b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ub3819b6e4f9190261177ddfe5e03722b:hover .ctaButton { background-color: #34495E!important; } .ub3819b6e4f9190261177ddfe5e03722b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ub3819b6e4f9190261177ddfe5e03722b .ub3819b6e4f9190261177ddfe5e03722b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ub3819b6e4f9190261177ddfe5e03722b:after { content: ""; display: block; clear: both; } READ: MENTAL ILLNESS EssayThere would be a huge alarm if this number dropped below 3 percent. Large companies like General Electric or Microsoft as well as Disney can afford a couple of years of poor profitability. Usually because of the size of the company they can absorb softer years. Smaller companies need to maintain a high level of profitability to stay competitive. We had a hard time as a team trying to find comparative market ratios for Disney. Because of the way Disney is structured, and the fact that it is a large conglomerate, it was difficult to find an industry average. We considered comparing them to a Fortune 500 standard, or other media giants, but were unable to come up with any comparative data. We have to look at Disney as an entity by itself to determine its success. Risk Analysis As we look at the Walt Disney Company we must look at its capital structure and what the associated risks are with a company of this nature. If we start with the numbers and look at the debt to equity ratio we get a . 21/1 ratio or 21%. Generally anything under 30% is considered good. So in this case the Disney Company looks in good shape; however there are other factors involved. Because The Disney Company is a large and complex organization that is primarily involved in the entertainment sector of business in the United States and around the world, this makes the company susceptible to a number of factors which could affect future operations. These include: * Changes in economic conditions that could have an adverse affect on business * Unpredictable changes in consumer tastes and preferences * Unauthorized use of intellectual property rights * General environment for tourism and travel Turmoil in financial markets causing accessibility issues with financing * Changes in applicable regulations that may impair profitability Any one of these could produce negative results for the company, but we will look at each individually to see what the effects could be. Within the last year there have been recessionary conditions in the economies of the United States and other countries around the world. This has affected demand for some of Disneys products and services and a continued downturn could further affect demand for any of their business and reduce revenue and earnings. If this downturn continues, that could mean a reduction in attendance at Disneys theme parks, a decline in purchases of or prices for advertising on their broadcast or cables networks, and a reduction of spending on company-branded consumer products. Disney’s business model creates entertainment and consumer products whose success depends on the tastes and preferences of consumers who are often unpredictable. The success of Disney depends on the companys ability to create and distribute new and exciting programming and theme park attractions that meet the changing preferences of the consumer market. Disney must invest substantial amounts of money into these productions and attractions before they can know the full extent of acceptance to the consumer. A wrong move in any of these directions could affect the profitability of the business. Pirating or the unauthorized use of intellectual property rights by copying Disneys entertainment products is another area of risk for the company. With the advent of new technologies, this practice has become widely available and is growing steadily. These developments have caused the company to devote more resources to this problem and the trend looks to continue. The risk in this area is that it could reduce revenues because of lost sales and the cost of protecting these rights may need to increase. The general environment for travel and tourism could highly impact the demand for products and services provided by the Disney Company. Health concerns with pandemics, international political developments, and terrorist attacks could directly affect the ability of the company to attract visitors to its theme parks and reduce revenues. Adverse weather patterns or natural disasters such as excessive heat or rain, hurricanes, or earthquakes could also potentially cause substantial losses for the company. With the recent turmoil in the financial sector has come the disruption and increased difficulty in obtaining financing on acceptable terms. This could cause the increase in costs of borrowing and potentially affect the bottom line. This disruption also affects the company by making it difficult for third party companies to access funds to make purchases from the Disney Company. The possible change in regulations both in the United States and around the world could impact the company and its profitability. The company’s broadcast and cable networks are highly regulated and additional regulations may impair these portions of the business. Regulation of the safety of consumer products and theme park attractions may require that the company spend additional amounts to comply with the regulations or restrict the ability to offer these choices to consumers. Other areas that could also affect operations would be environmental protection regulations, U. S. or foreign privacy and data protection laws and regulations, and domestic and international laws or currency controls. In conclusion, The Walt Disney Company was enjoyable to research. It is a financially healthy and strong organization. We were impressed by how far-reaching its influence is on our society. Walt Disney was a man who had an incredible impact on our world. References Disney Corporate, 2009 News Releases (2009). Retrieved August 27, 2009 from http://corporate. disney. go. com/news/corporate/2009/2009_0814_q4_fy09_announcement. html. Helmore, Edward (1995, July 15). A Mickey Mouse kind of operation. The Independent. Retrieved August 27, 2009, from http://www. independent. co. uk/travel/a-mickey-mouse-kind-of-operation-1591540.