Aviation Research Paper Example | Topics and Well Written Essays - 4000 words

Aviation - Research Paper ExampleThis way, the business transactions between consumers and the company ar monitored in order to help in the companys receipts management. The company in question also unavoidably to base on other outside information including information about expenses of the companys competitors in the market, the season in the market, as well as the consumers buying patterns. Basically, yield or revenue management involves decision-making, as the company attempts to figure out and make decisions regarding the kind of swear outs to be sold, at what time to allot them, and at what price to sell them at, which would ensure that the company rips maximum profits (Coombs, Hobbs & Jenkins, 2005). Yield management is therefore, an integral part of management accounting, as it involves financial control in a company, as well has financial consequences on a company.The decisions made in the process of revenue or yield management in a company are instrumental in helping a company settle for specific prices for its services, which will be in alignment with the demand in the market. This is with regard to ensuring that consumer needs are met, while at the same time ensuring maximization of profits for the company (Sani, 2011). There are various aspects in the company and in the outside(a) environment, which help the company make viable decisions in the process of yield management, especially with regard to the determination of prices for the services offered by the company. Such aspects include the figure of services offered by the company. Depending on the nature and quality of the services a company offers, the management are in a position to make decisions, regarding the price they will fix for each type of service. In addition, the market type is also of essence in helping a company make decisions concerning service pricing. If the market is dominated by middle income-earners, it is more likely that a company will make service-pricing decisions based on the income or

Political Economy Essay Example | Topics and Well Written Essays - 500 words

Political Economy - Essay ExampleIn addition, markets provide a framework where people voluntarily exchange their goods and services for an agreed compensation.In analyzing the Australian manufacturing industry, Freebairn uses a combination of the Keynesian and the neoclassical theories to drive his point home. The Keynesian theory, which is based on the works of the British economist john Maynard Keynes, is an economic theory that advocates for a system of a mixed economy. According to Keynesianism, the state as well as the private sector has their own roles to play in direct to hasten the process of economic development. According to Freebairn, the government has the duty of providing a stable macro economic environment as well as the preparation of conducive fiscal and monetary policies. On the other hand, the private sector is charged with the duty of carrying out research and development in order to get hold up with less labor-intensive modes of production as well as the use of less carbon intensive processes. In so doing the government ordain compensate for what the private sector lacks in the production systems. In addition, since the government is well equipped to increase aggregate demand, especially at the macro train then the government through increased spending will indirectly increase the demand for industrial goods within the economy.

The Great Crew Change Research Paper Example | Topics and Well Written Essays - 1250 words

The Great Crew Change - Research Paper ExampleThis crisis which resulted into a significant gap in the workforce by twain ages and experience was referred to as the great crew change. The great crew change has created major dilemmas to the oil industry as the baby boomers are currently glide slope their retirement age leaving insufficient and less experienced workers to continue with the projects. This presents a possibility of losing the tribal companionship in the sector, irrespective of how hard and spry the recruitment drive is done. This paper will therefore discuss the impacts of the great crew change, its scope of effect and the overall steps that have been made to lower the situation (Clark, Davidson, Guilford & Parry, 2006).The expected mass exodus of experienced petroleum engineers is expected to have impacts on various countries including but not excluded to the United States. The depression that change the oil industry in the 80s and 90s stirred major developed eco nomies and this has been attributed to the experience gap that is currently witnessed in the industry. Companies operating in the oil and gas industries in different countries of the world are facing the great crew change according to a workforce forum conducted in cape town in 2008. Despite the fact that the United States statistics on workforce gap being available, the effects have been felt in other countries with some countries suffering from the knowledge gap most (Irgens, 2008).According to the Brazilian NOC petrobras, the 90s was occasioned by minimal recruitment of geoscientists and petroleum engineers. This resulted into a situation where the scientists in the company either have 10 years less experience or even more that 20 in some instances. The Indian economy and oil industry has also been affected by this phenomenon according to the Indian national oil company which believes that the perceptions that were created in the 80s and 90s pushed away potential engineers (Clark ,

Value and Drawbacks of Activity Based Management Research Paper

Value and Drawbacks of Activity found Management - Research Paper spokespersonThis paper seeks to present a concept proposal for repute and drawbacks of use base heed. The paper will develop a problem statement, discuss the deduction of the problem, the advantages and drawbacks and explore existing literature on the topic. Statement of the problem The scope of activity based caution and its relation to activity based costing identifies the prudence shape up as a key line towards improved profitability of an government activity. With its objectives of identifying and controlling activities that do not add value to processes, activity based management is essential in controlling production costs towards managing profitability. It forms the basis on which strategies are developed for effective elimination of non-additive processes through activity costing (Maher, Stickney & Weil, 2007). Based on the significance of the management approach, the concept will seek to investigate the significance of value and drawbacks of activity based management. Significance of the research The concept into value and drawback of activity-based management is based on the importance of the management approach to an brass section. ... This understanding will promote successful application of the management approach for improving organization performance and value (SAS, 2007, P. 3). Pre Literature review Activity based management has been practiced over a long period in which it has evolved to a capacious scope. This has been because of the capacity of the management approach to bridge other line management for collective management of organizations. Activity based management uses the data and information on all the operational activities in making relevant and result oriented decisions. By providing information on cost of products, services, processes, activities, and distribution channels, among other information activity based management establishes a central role in ma naging an organizations operation costs for relevant managerial decisions. Activity based management is, therefore, essential for its information for decision-making (CIMA, 2001). Drury also argues that activity based management approaches an organizations operations from different perspectives and leads to improved customer utility. The management approach, therefore, benefits both the organization in its operation processes and customers through the organizations products (Drury, 2007). Activity management accounting can, however, be costly to develop and implement, instituting limitations, especially to small-scale organization. The management approach has also failed to eliminate arbitrary costs in operations. As a result, it is perceived as ineffective in achieving its objectives (Weygandt, Kimmel & Kieso, 2009). Complete literature review. Drury (2007) claims that activity based management is a management information tool used by the managerial board in appreciating results of

Setting the Stage for Strategic Compensation and Bases for Pay Essay

Setting the Stage for Strategic Compensation and Bases for Pay - Essay ExampleHowever, it is important that compensation structures are aligned with the strategical objectives of the business. Three of the main goals of compensation departments in organizations are to attract talented personnel from the industry and help provide a certain amount of flexibleness to the needs of the department improve morale of employees and motivate them to ensure the existence of an innovative and knowledgeable workforce as well as maintain requital standards which are competitive in the industry. Contextual influence posing greatest and least scrap for companies competitiveness Some of the external, as well as internal, conditions of a firm drive out determine the nature of pay structure which it would design or which would be appropriate for it. Most importantly, the supply and demand of labour in the market would be a serious consideration while designing its pay structure. Shortage of a parti cular skill in the market susceptibility imply that the organization might have to pay a higher price for those skills, and vice versa. In fact the demand and supply of labour in the market is the determinant of the existing wage rates at that region too (Prakashan, 2009, p.14). The other very important factor which would pose serious challenge before an organization is the prevailing market rates. This can be also termed as the comparable wages or the ongoing wage rates. The compensation policy fixed by an organization must necessarily confirm to the wage rates paid by other competitors in the industry. Otherwise, it might result in employees leaving the organization getting attracted towards those with higher salary packages. The cost of living also accounts for an important criterion based on which organizations develop their compensation structures and plans. It is essential to make adjustments in pay depending on the increases or decreases in the cost of living index. When or ganizations fail to reset their salary structures according to the changes in the living index, it can face resistance from employees and unions demanding higher wages. This could be challenging for the organizations (Prakashan, 2009, p.14). Apart from the above serious threats there are certain issues which are also crucial for ascertain compensation structures but which pose challenges before organizations to a lesser extent. The ability of an organization to pay or its affordability is crucial to determine its pay structure. Degree of profits, be of production, sales revenues are some aspects which must be evaluated before designing pay structures. Psychological and sociological factors greatly determine the extent to which an employee would be unforced to put in effort in his job. A persons psychological perception helps him equate his wage or salary levels as a measure of the extent of success he has earned. Lastly, rapid technological developments have been the main cause o f rapid development of skills of employees. The level of wages of these employees has also been ever-changing correspondingly. Thus, it is important that organizations keep track of changes in skill levels and wage level of

Progressive Islam and Environmental Research Paper

Progressive Islam and Environmental - Research Paper ExampleAny modification in Moslem region has often been resisted because it was seen as bringing about western values into the holiness. However, with globalization there is need for inter-religious interaction. This necessitates for religions being more accommodative to other religions. This is why many organizations have come about to bring about progress in Islam. This is aimed at making the religion more flexible and only to be based on Islam values and non on strict and rigid rules. This paper discusses the progressive Islam and the environment in which it operates. It is first important to look at the history of Islam in order to discover the need for progressive Islam. By the end of the section you will discover that Islam in itself was not such a strict and rigid religion. The pre-Islamic Arab society was made up of unbelievers. There was need for change at social and political and moral and phantasmal level. The need for change at moral and phantasmal level met greater resistance than need for change at social and political level. This is because the Meccan Society was spiritually and morally stagnant. The spiritual and moral values kept going down. The tribes in the society carried out trade, which brought profits and great wealth. The wealth was concentrated in the few which led them to expend others. There were all sorts of Idol worship and superstitions in the society. This sort of spiritual degradation was common among the Meccan Arabs. Their customs and traditions became an obstacle to change. Examples of this included burying girl baby bird alive, maltreatment of women and sexual immorality. During this time there were no teachings or writings that could guide the society. The society worshipped the ancestors. There was great religious vacuum in the society. The religion that was around the Arabs was Christianity which they were unwilling to accept because it was associated with Roman dictatorship, which they were against. They argued that accepting Christianity was like losing their independence. The gap between the rich and the poor began causing tensions among the Meccan society. This led to the rise of Quran teachings. The teachings responded to these tensions by stressing on knowledge, justice by redistributing wealth in the society and spiritual and moral uplift. This was to solve most of the problems in the Meccan Society. As it can be seen, Islam arose not only as a movement for change but also as a moral and spiritual force. Its insistence on knowledge, social justice, spiritual and moral justice makes the religion inherently progressive. Islam taken from its origin does not need advocating for progressiveness. It responded to moral spiritual and social needs of all. The Quran teachings are sympathetic to the nerveless in the society and gives equal rights to women as men in the society. The Quran gives out the rights of women in marriage and inheritanc e of property and states that women should be given equal dignity. For this religion to be progressive it must accept the gender equality. The progressive aspects of Islam were lost. The pre-Islamic traditions were not abandoned level(p) after embracing Islam. The poor attitude towards women remained. The people even attempted to interpret the Quran together with their traditional believes. This led them to develop their own rules alongside the Quran. These laws were known as Sheriah. Some of these laws went against the teachings of Quran. Take for example allowing triple disarticulate which was a condemned

The Comission of the new Saint Peter's, and the role of Indulgences Research Paper

The Comission of the new Saint Peters, and the role of Indulgences behind it - Research Paper ExampleThe deceit and force of papacy and priests led to chief uprisings. This resulted to splitting and restructuring of the cathedral. With Martin Luther of Germany, came the rebirth of a nonher ideology of protestant church. Indulgence brought worlds supreme brain works and talents of Michelangelo, Bramante, Bernini and Raphael together. They were each working headed for a universal objective, which is creating the most magnificent and religious location in the world. Michelangelo, the chief architect of St Peters, at the time did an inspirational work even to the unbelievers. He goes ahead and says despite corruption and materialism, the basilica was worth it all. Indulgence applies only to the living (Justice 189).The church perceives its authority at faultless and self-proclaims itself as perfect and righteous yet it evidently shows shocking rate of power abuse and failings. In the medieval times the church sold indulgences to build a sanctuary. This does not justify church doctrines and in particular papacy pentagram of administration of the church and magisteriums judgments. The Catholic Church exquisitely kept from chance of defect in her ultimate teaching on matters of devotion and morality yet in those trying times, the church fell contradictorily with its doctrines and mitigated restrictions of infallibility in papacy. The church teaches that avoidance of worldly riches, rule and possessions as an attribute of spiritual livelihood ironically. The popes and the early churchmen funded the building of the cathedral from self-indulgence, corruption and misuse of power. The church taught that prayer and radiation diagram supplication in the sacraments might save man from everlasting damnation instead of Gods grace as quoted by Luther. The church disposed(p) indulgence paid in coins approved by Pope Adrian 1 in 780 (Pastor 234). This meant that one could co mmit