Thursday, October 31, 2019

How has Modern Technology improved Emergency Response Capabilities Assignment

How has Modern Technology improved Emergency Response Capabilities - Assignment Example The software development is focused to develop methods to generate high resolution fused data studies to create three-dimensional product view among other features for correct forecasting to generate accurate weather alerts, which is just one of the various features of the software development (NWS, 2012). Future is full of new possibilities in the fields of technology for emergency communication in the time of disasters. Technology advancements also offer new challenges to apply new innovations in the current Department of Homeland Security (DHS) programs. The ongoing communications programs need to be revised for assimilating future additions of modern technology. Cyber Security & Communications (CS&C) has always played a leading part in the overall security of the nation’s 18 important infrastructure divisions under Homeland Security President Directive-7 (HSPD-7). CS&C is behind all the government communications programs related to priority services such as GETS, which is a White House initiated emergency telecommunications service, offering communications support to all government and non-government missions (DHS News, 2012). Emergency management in the context of interstate collaboration can better help in making a quick response to catastrophic disasters. Such an agreement named the Emergency Management Assistance Compact (EMAC) is based on mutual help in collaboration with other states, facilitating states to take collective action against natural and human disasters, mostly before the availability of federal disaster assistance. Emergency management can be well understood by discussing EMACs call to Hurricanes Katrina and Rita to attend to the critical requirement for evaluation of emergency management at the local level. A studious evaluation of news reports, government papers, and reports from related organizations needs to be conducted to reach at some conclusion on the extent and way of EMACs execution and its conduct at the time of response functions.

Tuesday, October 29, 2019

Essentials of Corporate Management Essay Example | Topics and Well Written Essays - 2000 words

Essentials of Corporate Management - Essay Example Thomas Cook is one of the largest travel related company providing financial services in many countries both in India and abroad. The study is supported with data in order to get the actual valuation of the company in today’s market. Based on the calculation in terms of net asset value, cost of capital, dividend growth model a proper valuation of the company is to be done so that it can be determined as to whether buying the Thomas Cook Group will be a profitable venture or not. Valuation of Tomas Cook Whenever we value a company it is very important to choose the right financial models. In order to check the comparability of a company it is necessary to find the proper correlation between the revenues and the operating expenses. Net Asset Value Net assts value is the amount the investor receives when selling a share. Net asset value is also known as the NAV. This rise or fall in the NAV reflects the value of the mutual fund in the present market. Rise in the value of the mutu al fund leads to a rise in the NAV and vise-versa. Particulars Amt in million pound 30-Sep-10 30-Sep-09 Net Assets 1743 1717 Overvalued assets 50 0 undervalued assets 30 0 Bad debt 7 0 No. of Shares (m) 858 858 NAV 2.00 2.00 Cost of Capital Cost of Equity: Cost of equity capital is generally known as the risk undertaken by the investor in the hope of earning favorable returns. Cost of equity can be found through various models like Capital Asset Pricing Model (CAPM) and Gordon Model. But based on the data provided application of the CAPM is more suitable in the given situation. (Bragg, 2012, p.142) Cost of Debt Capital: A company in its initial period uses a lot of debt in the form of bonds, loans, etc. The calculation of the cost of debt of a company gives an idea to the investor as to the overall rate of interest that the company has to payback for using debt financing. This also shows how risky is a company; thus higher the cost of debt more risky is the company. Particulars Amt. in million pound Interest 7 Face value 100 Redemption value 50 No. of years 1 Cost of debt 19% Cost of Debt = (I + (M-NP)/n) / (M + NP) / 2 (Bragg, 2012, p.142) Where, I = Dollar Return M = Maturity Value NP = Net Proceeds of issue N = years Weighted Average Cost of Capital (WACC): The assets of the company are either financed by debt or equity. Weighted Average Cost of Capita (WACC) show the average cost of financing of a company in a weighted form irrespective of the use of capital. WACC gives the investor a broad idea as to the liability of the company towards the payment of interest per dollar financed. Through the computation of WACC of a company one can determine the opportunities of expansion and scope of merging, etc. It is most appropriate in such like situation as it determines the rate of discount used in cash flow and the amount of risk that is involved to the overall firm. The following WACC gives us the idea that debt of the company being more it has to pay more tax a nd even the burden of obligation is also on the rise (Pratt, 2003, p.46) Particulars Amt. in million pound Cost of Equity 0.07 Cost of Debt 0.19 Equity 1475.76 Debt 1772 Tax 0.3 WACC 562.09 *Tax assumed to be 30% WACC= E/V*Ke + D/V*Kd (1-Tc) (Pratt, 2003, p.46) Where: Ke = cost of equity Kd = cost of debt E = market value of the firm's equity D = market

Sunday, October 27, 2019

Merger Between US Airways and American Airlines

Merger Between US Airways and American Airlines Merger between US Airways and American Airlines Mergers and Acquisitions On December 9th, 2013 the two airlines, US Airways and American Airlines merged to form the American Airline Group that turn out to be the major airline in the world. This merger was structured by the enlarged competition that airlines are countenancing in the business at present. The merger offered a prospect for both airlines to make use of the benefits of an extensive network that would effect subsequent to merging as countered to when each one operates separately. One of the foremost circumstances that encircled the merger was the imminent insolvency of American Airlines. The company in 2011 had filed for bankruptcy even though it relapsed to profitability the same year in July. The merger would enhance admission to opportunities of business for both airlines, particularly American Airlines that would decrease its coverage to financial risks, which were the preliminary grounds for the corporation filing for bankruptcy. The merger would generate enhanced synergies that would be ap parent in the course of increased flexibility and financial strength in the market (DePamphilis, 2008). Each of the entities merged would have admission to further destinations and bigger clientele. Each of them would admission to a bigger destinations network i.e. 300 destinations all around the world. They as well had a code share contract where customers would impeccably book their flights from any US Airways or American Airlines networks. Such controls are an enhancement to each of the airline’s ability and results to bigger business and performance. There are a variety of positive traits of this merger. One of the major advantages is that both airlines will have eminent penetration of market than what they had beforehand. This is since they will be creating on a daily basis more than 6,500 flights to above 300 destinations in additional than 50 countries all around the globe It effected in enlarged revenues and improved governance of most important routes. The American Airlines Group subsequent to the merger, is a foremost player in the Latin American global market of airline (CAPA center for aviation). Exploitation of these prospects directs to enhanced market performance and superior capability to compact with aggressive pressure. This is since the fresh airline company, subsequent to the merger, has additional resources at its disposal that direct to superior performance. An additional advantage of the merger is increase and diversification of the products offered by the airline (Boeh Beamish, 2007). Alongside the code sharing contract that permits air travelers to book their trip from any of the websites of company, there is improved access to one world association. This entails the improved opportunities of networking for the airline in the course of business agreements with further players in the industry for instance Iberia, British Airways, and Finnair. It lets the customers’ additional choices of air travel and unforgettable experiences of travelling crosswise a superior and more improved network. This develops levels of customer satisfaction and is necessary in developing loyalty of customer. The merger as well generates one of the finest-developed program of loyalty i.e. Advantage (American Airlines, 2014). Customers have superior access to prospect to possess and redeem miles crosswise the joint routes of both airlines. It constructs the customers gain from increased utilization of opportunities and capabilities in the wider market. It as well results in increased expediency for travelers, ensuing in cost savings. The fresh organizational structure has perceived the Doug Parker retention as the Chief executive officer of the fresh entity. The merger has, consequently, seen the construction of simply one chief executive’s place as opposite to two in view of the fact that each one of these companies had its individual chief executive formerly. There were as well considerable changes in the Board of Directors for the fresh company. The newly appointed Board of Directors incorporated four representatives of US Airways employees and as well five representatives for creditors of American Airlines. The preceding Boards of the separate entities did not have such representatives. Doug Parker was formerly the chairman and chief executive of US Airways. On the other hand beneath the new position, the chief executive will not be the chairman of the board. The preceding companies in particularly US Airways had a variety of groups that exercised to operate underneath the chief executive. Such groups incorporated corporate affairs, marketing and revenue group, and finance, in addition to the operations groups. However underneath the new corporation, there are no such groups. There were no chief changes in the practices of human resource subsequent to the merger. The fresh company, American Airlines Group, adopted the majority of its human resource strategies from US Airways and maintained the majority of its top managers. The foremost reason the corporation made no important changes in their human resource strategies is owing to reasons of business. They wanted to preserve their combined market share where employees contribute a vital role. They were acquainted with the fact that preserving their existing employees to a certain extent than recruiting new ones would simply utilize the more forceful worldwide network they had access to. This was reflected in the fresh setup where representatives of employee straightforwardly represented concerns of employee in the board of directors. This was intended at enhancing the satisfaction level of for these workers. This is since advanced levels of satisfaction enhance employee retention levels. The majority of these employees had served a lot of years in both airlines and their knowledge was very important for the success of the fresh airline company. The management at both companies had instituted that the majority of their non-impressive performances formerly, for instance those in 2011 that made American Airlines file for bankruptcy were primarily owing to callous market conditions. Employees had not added to the underperformance. The merger rendering the new entity to huge resources that might facilitate it to triumph over these market challenges. In actual fact the merger was seen as an prospect where the company would present the employees better compensation and benefits for their services (Bainbridge, 2003). It was perceive as a opportunity to close up the boil feuds that had been relentless among the two companies’ management and labor unions representing workers. This was additional widespread in American airlines than at US Airways. It concludes to union representatives being integrated in the Board of the fresh entity to make certain employee concerns were not looked downward upon. The retention of the majority of the employees and practically a parallel organizational structure is owing to the effectiveness of training such personnel on leadership qualities (Galpin Herndon, 2007). This is since the fresh entity would sustain minimal costs training these employees on facets of leadership in view of the fact that the airline had obtained a bigger global presence, as it turn out to be the biggest in the world. The development of leadership qualities in all its employees is decisive to the utilization of the opportunities offered by the bigger and more composite global market. Such employees are previously familiarized to the internal operations of the airline industry as opposite to new employees that would need substantial spending on induction and training. References American Airlines. (2014). AMR merger investor presentation. Retrieved on 8th March 2014 from http://phx.corporate-ir.net/phoenix.zhtml?c=117098p=irol-irhome Boeh, K. Beamish, P. (2007). Mergers and acquisitions: Text and cases. New York. Sage publications. Bainbridge, S. (2003). Mergers and acquisitions. London. Foundation press.

Friday, October 25, 2019

The Outlaw Josey Wales :: essays papers

The Outlaw Josey Wales Dyin' ain't much of a living The movie, The Outlaw Josey Wales, is an epic tale of a man who lost all that mattered and now seeks revenge on the people that took it. The movie can be viewed as a typical revenge story, however it works at other levels too. After having his first family taken, he searches for something to offer him that comfort again. Josey Wales, the main character travels through the epic cycle of losing everything, but at the end gaining it all back in another form. In the beginning of the movie we are throw into a horrible scene where renegade Union soldiers kill Wales family and burn down his house. Obviously this is symbolic of his death as a farmer and his current life. We then see him sifting through the charred remains of his house, and lift a silver colored gun out of the black ashes. At this point he is reborn as a vengeful Josey Wales from the ashes of hatred and death. For now his sole purpose in living is to seek revenge on the people that took his pervious life away from him. Josey still needs a sense of unity, which a family brings. Jamie provided him this feeling of wholeness. However Jamie was shot, and slowly died. Ultimately his death brings Josey back to the beginning of his epic cycle. The period that Josey spends in the wilderness after losing his families is serves as the unconscious part of the cycle. During the dark phase is when most of the fighting occurs. Josey never killed without reason, and for that he kept the image of the hero intact. Laura Lee serves as the goddess in the epic cycle. Laura is what Josey needs to complete his search for family. By spending the night together, his past is cleaned from his mind. Laura also instills hope and a new credence. By the end of the movie Josey has found a new family. The fact he did not spit on the floor of the house displays that he respects it as a dwelling place for his new family.

Thursday, October 24, 2019

Enron Case Essay

1.What led to the collapse of Enron under Lay and Skilling? There were various reasons as to why Enron collapsed under Lay and Skilling. One reason Enron collapsed under Lay is because Lay simply did not practice what he preached. Lay did not live by his code of ethics and neither did his corporation. Not only that, but Lay and top management gave Andrew Fastow an exemption to the code of ethics to continue doing business. Another reason that Enron collapsed, under Skilling, is that Skilling had a performance evaluation process for all Enron employees that didn’t express the code of ethics that they should’ve followed which caused employees to rank their peers lower as to enhance their own position in the firm. 2.How did the top leadership at Enron undermine the foundational values of the Enron Code of Ethics? The top leadership at Enron undermined the foundational values by granting an exemption to Andrew Fastow to continue bringing in dirty money through his actions. Also, the top leadership allowed an unethical culture of ethics by promoting to the employees that they had to make the numbers literally any way they could even if that meant to break the law. 3.Given Kenneth Lay’s and Jeff Skilling’s operating beliefs and the Enron Code of Ethics, what expectations regarding ethical decisions and actions should Enron’s employees reasonably have had? Enron had a great and respected code of ethics among its peers. Also, Lay and Skilling had respectable operating beliefs since they also represented the Enron Code of Ethics. So, reasonably, the employees’ expectations should have fun to do the right thing morally and ethically as well as to uphold the respect, integrity, communication, and excellence Enron stood for. 4.How did Enron’s corporate culture promote unethical decisions and actions? Enron’s corporate culture promoted unethical decisions and actions simply by  the greed that the top management showed and carried out. For example, Skilling’s implementation of performance evaluations for all the employees was unethical because it was geared to fire the lower one-fifth of the employees. Not only that, but partnerships were mostly created only to hide the companies’ losses through the bonus program. 5.How did the investment banking community contribute to the ethical collapse of Enron? The investment banking community contributed to the ethical collapse of Enron because not only were they enablers but they also participated in the frauds as well. For example, Enron would book loans called prepays to their operating cash flow. Also, Andrew Fastow was also allowed to use a tactic where a poor performing asset would be taken off the books and be sold back to the company at profit after the end of quarters after the earnings had been booked.

Wednesday, October 23, 2019

Government Regulations

Analyzing Government RegulationsWith the economic system the manner it is the demand for human services has been greater than it has of all time been. Peoples unable to happen occupations are turning to authorities run plans like Temporary Aid to Needy Families ( TANF ) , every bit good as nutrient casts and Medicaid to assist them acquire through, and provide much needed pecuniary, medical and nutrient aid now that they can non supply that on their ain. For many, it is excessively late. The stateless population in Colorado Springs is steadily increasing. How is the authorities to cover with such demands in our State ‘s clip of demand?There are thoughts presented by legion single bureaus across America. One that stands out is Ideas for Policymakers and research workers in respect to the turning stateless state of affairs in America prepared by Michelle Wood and Jill Khadduri. Both adult females have researched homelessness and the conducive factors sing TANF and medicaid receiv ers countrywide and have tried to reply these inquiries ( Wood, & A ; Khadduri, Winter 2009 ) . O Does TANF ( Temporary Aid to Needy Families ) and Medicaid determine the hazard for homelessness?O Does TANF and Medicaid protect people from going homeless?o Do people sing homelessness usage TANF and Medicaid in different ways than other low income people? In respect to homelessness, TANF and Medicaid do non supply all financess required to supply significant lodging for households. The fewer family members you have, the less aid and resources you have. Assistance is based on household unit, and income of the household unit. Certain guidelines must be met in order to allow aid to these households in the first topographic point ( Citation ) . Most TANF allowances merely cover a part of what is required to supply stable lodging for households at all. Most if the success of TANF and Medicaid are dependent upon the fiscal accomplishments of the individual having the assistance. â€Å" Since 1994, HUD ( the Department of Housing and Urban Development ) , has encouraged communities to turn to the jobs of homelessness in a co-ordinated, comprehensive, and strategic manner through Continuum of Care ( CoS ) † ( U.S. Department of Housing and Urban Development, n.d. ) . The CoC is a community program based on the demand to present low-cost lodging to the homeless, and prevent homelessness from happening within a household unit. HUD ‘s mission: â€Å" HUD ‘s mission is to increase homeownership, support community development and increase entree to affordable lodging free from favoritism. To carry through this mission, HUD will encompass high criterions of moralss, direction and answerability and hammer new partnerships — peculiarly with faith-based and community organisations — that purchase resources and better HUD ‘s ability to be effectual on the community degree. † — ( U.S. Department of Housing and Urban Development, n.d. ) Current obstructions that would be faced would be if support ran out to run the HUD plan for those households with low-income demands. Without these financess HUD is unable to assist those people who meet these income guidelines for decreased rent so they can afford lodging which in bend reduces their hazard for going homeless. HUD in itself will non wholly abolish homelessness, but it ‘s a good start. Unfortunately nevertheless, politicians are the people who determine who is hapless, ill, destitute, unemployed and uncared for ( Burger & A ; Youkeles, 2004 ) and the standards to find such is both political and economical. The truth is, there has to be hapless people in order to equilibrate out the system. These people are needed to absorb costs associated with fiscal assistance, public assistance, and other fiscal assistance depositories, bureaus, and divisions. Without the hapless, how do you cognize who the non-poor are? Ultimately, without enlargement, research, and alteration of policy, assistance to households to assist forestall homelessness would non be in topographic point. Most bureaus do what they can for who they can, but it will ne'er be plenty, there will ever be a turning demand in human services to assist those who can non assist themselves. Keeping that in head, and the turning demands of the thickly settled, it is merely normal to believe that societal policy, and human services continuously change with the times and events of the people and state it serves.MentionsBurger, W. R. , & A ; Youkeles, M. ( 2004 ) . Human Services in Contemporary America ( 6th ed. ) . Belmont, CA: Brooks/Cole—Thomson Learning. Michelle Wood, a. J. ( Winter 2009 ) . Potential Analysiss with Homelessness Data: Ideas for Policymakers and Researchers. Retrieved January 09, 2010, from Department of Health and Human Services: United statess: hypertext transfer protocol: //aspe.hhs.gov/hsp/09/HomelessnessDataHHS/PotentialAnalyses/report.pdf U.S. Department of Housing and Urban Development. ( n.d. ) . Mission. Retrieved January 09, 2009, from U.S. Department of Housing and Urban Development: hypertext transfer protocol: //portal.hud.gov/portal/page/portal/HUD/about/missionGovernment RegulationsThere are many Torahs that surround kids who are victims of kid maltreatment. One of the Torahs is the compulsory coverage jurisprudence. This jurisprudence states that certain people are required to describe any marks of kid maltreatment to governments if they see it. The compulsory newsmans are societal workers, instructors and other school personel, doctors and other wellness attention workers. Other compulsory newsmans are mental wellness professionals, any type of kid attention supplier, medical testers or medical examiners, and jurisprudence enforcement officers. Some provinces require movie or picture taking processors to describe any marks of kid maltreatment in images that are submitted into their labs. Sixteen provinces a nd Puerto Rico require anyone to describe kid abuse regardless of profession. By holding these compulsory newsmans, kid maltreatment is really likely to be found by person and reported. These compulsory newsmans are improbably of import because without them many instances of kid maltreatment would ne'er be found. This jurisprudence has a immense impact on abused kids. By necessitating these people to describe kid abuse many kids are acquiring the aid that they need. Some obstructions that could originate from this jurisprudence is these newsmans non cognizing what they are supposed to look for. If they do n't cognize what to describe things that need to be reported could perchance non be reported and the kid could be in danger. The other side of that is they could surmise something is incorrect and there could really be nil opprobrious about the household. The compulsory newsmans need to be trained to react suitably to child maltreatment instances. They need to be told what marks to look for that suggest kid maltreatment. As clip goes on this jurisprudence will alter as the state of affairss in the universe alteration. There may stop up being more people that are required to describe maltreatment as they see it. Many provinces will stop up adding the other Torahs that some provinces have. Equally much as the universe wants child maltreatment to travel off, it is non traveling to. It will merely acquire worse.BibilographyChidl Welfare Information Gateway, Retrieved January 10,2010 hypertext transfer protocol: //www.childwelfare.gov/systemwide/laws_policies/statutes/manda.cfm