Economic indicator in the Airline Indistry Essay

Economic indicator in the Airline Indistry - Essay Example Before moving on discussing the effect of these two variables on the performance of the selected airline company, it is necessary to describe briefly all these three indicators that are taken into account for the present analysis- producer price index (PPI), foreign exchange rate, and net income of the company. (Froyen, 2001; Sodersten and Reed, 1994) Producer price index is a measure of average change in the level of prices that producers of a nation receive for the outputs they produce. Foreign exchange rate between two currencies of two different nations can be defined as the rate at which a particular currency is exchanged for one unit of another currency. For analytical purposes the yearly average exchange rate is generally taken into account. (Froyen, 2001; Sodersten and Reed, 1994) Net income of any company, can be defined as the level of earnings that remains after deducting the costs and expenses of the firm from its total value of revenue. For the present study, a period of 2000-2007 has been considered for examining the impact of producer price index and foreign exchange rate on net income of Southwest Airline. Only the unadjusted level of price index for finished products has been considered here. It has been found that during December, 2000, PPI was 139.7. In the next year it dropped to the level of 137.2. However, since 2002, it has started to rise continuously (2002- 139.1, 2003- 144.5, 2004- 150.4, 2005-158.8, 2006-160.5, 2007- 170). PPI can be taken as a proxy of cost of living, although not very accurate as consumer price index. From the value of PPI over the year, it is clear that cost of living has increases which in turn will force consumers to economise on their spending. Therefore, a fall in the demand for air traveling can be expected. Looking at the annual report of Southwest airlines it has been found that during 2000, net income was 603,093 thousand dollar. But it then fell to the

Nursing Assignment Example | Topics and Well Written Essays - 250 words - 2

Nursing - Assignment Example Mandatory genetic screening already in place has been characterized by several human risks. In this regard, if everyone was required to have a complete genetic screening, there are legal and ethical issues to consider. On ethical basis, genetic screening should be undertaken on voluntary basis. Making the screening mandatory is a positive move for the health sector. However, personal consent to such procedures is important. As much as health experts pursue beneficial health measures for the society, it is up to the society to decide what to take and what to leave. Specifically, personal choice should be respected. Individual choices in matters pertaining to child-rearing can be greatly influenced by making genetic screening compulsory to everyone. Respect for individual choice is lost in the process. On the same note, intense public education is required to create awareness for the purposes of compulsory screening. This however does not imply fully compliance because forced screening will interfere with personal choice and constitute uninformed decision making across everyone involved. Legal issues have also emerged in this context. Legal liability in the context of malpractice litigation seems to be headed for the climax with the adoption of forced genetic screening on everyone (Fletcher, 2001). The observed scenario likely fosters high quality medical care and implies a disappointment free health care to both patients and health practitioners. Such a program requires proper legal frameworks in order to be rendered fully operational. On the same note, the program should fully outline and describe procedure for informed consent. Given this factor, the legal process is likely to be challenged because not all patients are likely to consent to the program. The information that the forced screening would gather is critical to the society. The health sector can assign specific departments to handle the information

Promotional and Advertising Strategies Essay Example | Topics and Well Written Essays - 1750 words

Promotional and Advertising Strategies - Essay Example Companies, therefore, find the need to advertise and promote their products. This is done to provide information to consumers, to increase the demand of a certain product or even to make the product stand out from those similar ones from other companies. Companies will, therefore, use different modes of advertisement and product promotion in a bid to get an advantage over their competitors. Companies have no option, but to employ different modes in order to edge out their competition. These strategies are mainly targeted at the consumers. Research has showed that consumers are responsive to these strategies and increase their usage in all companies. In this essay, we are going to delve in the global market of television sets. We shall also review the two market leaders in this category, Samsung and Sony companies. Sony has been the traditional electronics company and has enjoyed some monopoly in the past. On the other hand Samsung is relatively new and has derived strategies to build its brand. Since these two companies produce similar products in the form of TV sets, they have similar strategies to promote their products. Both Sony and Samsung have massive investments in advertising done using modes of advertisement such as print and electronic. Television and internet are the most preferred electronic modes since they have the widest reach. In print media, these companies usually put up billboards and buy space on newspapers and magazines. Advertising helps both companies to delve into new markets, establish and retain their brand and increase their sales in the market. Apart from advertising, the two companies normally use other promotional strategies. The promotional plans are evident through gifts, coupons and other print outs to existing and potential consumers. In most cases, these two companies come up with promotions where consumers are promised cash prizes or even more products as an award. In order for one to win such prizes, they will be

Personal Philosophy of Education Essay Example | Topics and Well Written Essays - 750 words

Personal Philosophy of Education - Essay Example The paper herein thus offers an insightful discussion about principal values in a personal philosophy of education that is founded on a Christian view. In this personal philosophy of education, the fundamental principles are the pillars that give a comprehensive explanation to it. The principles make the philosophy from a Christian worldview with an intrinsic rationalization based on Christian values, virtues and ways (Valmyr, 2009). Education in the simplest explanation is the acquisition of knowledge. However, in Christianity, ultimate knowledge and truth is found in the word of God. As explained in the book of Hebrews, ultimate knowledge and truth became universal truth and absolute and hence it became flesh among believers. Thus, the Bible is the authoritative source for all instruction and truth even though it might not give adequate knowledge about every earthly subject that is taught in our schools. However, the Bible stands as the framework of all inquiries since it provides guidelines and principles for all our aspects of lives including educational and intellectual lives. The Bible thus shows how some subjects such as arts, science, and mathematics fit the world that the Almighty God created. The Bible allows us to understand that nature reflects Gods character. Thus, as Christian educators, we must nurture a culture of reading the Bible in students for them to understand and discover the Almighty God since most of the knowledge about Him is found in that Holy book. Christian educators understand that learning is dependent on a belief system or faith. The beliefs that we harbor are critical in influencing the manner in which we absorb knowledge and interpret it. Thus, it is imperative for Christian educators to examine any fathomable worldview according to the word in the biblical scriptures so that our educational and worldview foundation is in Gods revelation and not cultural prejudices. Our students must also be taught the same

Juvenile Diabetes Essay Example | Topics and Well Written Essays - 750 words

Juvenile Diabetes - Essay Example Diabetes is a disease. It affects both children and adults. The fundamental nature of the disease is that individuals have blood glucose levels which are higher than the normal range (Basics About Diabetes, np). We eat food, this food is converted into glucose, and our bodies use this glucose sugar for energy. The human pancreas is the organ which is responsible for making the hormone known as insulin. Insulin helps the glucose get into our cells. Diabetes is dangerous because it means that the body cannot produce enough of its own insulin or it cannot use the insulin produced sufficiently. Diabetes causes sugar to increase and build-up in the blood. The consequences can be severe, as noted by National Center for Chronic Disease Prevention and Health Promotion, "Diabetes can cause serious health complications including heart disease, blindness, kidney failure, and lower-extremity amputations. Diabetes is the sixth leading cause of death in the United States" (Basics About Diabetes, np). The symptoms of juvenile diabetes, which is estimated to account for between 5% and 10% of all diabetes cases, are varied. The symptoms may include a frequent need to urinate, an excessive thirst, or an unexplained loss of weight. A person may also experience feelings of excessive hunger, numbness or tingling in the fingers and toes, or a sudden problem with vision. Other symptoms may involve dry skin, an increase in infections, or sores which are slow to heal. The onset of juvenile diabetes is often accompanied by nausea, vomiting and stomach pains. There are well-known risk factors for diabetes in adults, such as obesity and physical inactivity, but the risk factors for juvenile diabetes are "less well-defined" (Basics About Diabetes, np.) Risk factors are thought to be autoimmune, genetic, and environmental and these areas are the subject of continuing research. There are, fortunately, treatment methods for juvenile diabetes. The most basic methods include a healthy lifestyle accompanied by regular insulin injections. There should be a healthy diet and a regimen of physical activity. The insulin injections compensate for the inability of the pancreas to produce the requisite amount of insulin. These methods must be coordinated because the amount of insulin which must be injected correlates to the amount of food intake and the amount of physical activity. It is Dalton 1 important to note, however, that while there are rather well-established treatment methods there are no methods for prevention. Researchers continue to search for what they refer to as "environmental triggers" and "genetic triggers" in an effort to find some means for preventing the onset of diabetes in juveniles. There is some enthusiasm in the medical community about possible cures for diabetes in the future. Some of the theories and methods currently being researched and tested include pancreas transplants, the transplant of islet cells (these cells produce insulin), artificial forms of pancreas development, and forms of genetic manipulation where "fat or muscle cells that don't normally make insulin have a human insulin gene inserted - then these "pseudo" islet cells are transplanted into

Company law Essay Example | Topics and Well Written Essays - 500 words

Company law - Essay Example The court of appeal upheld Chandler’s claims against Cape plc., and acknowledged that damages were available for the claimant from the parent firm. The liability was placed on the parent firm for which the claimant was an employee to its subsidiary. The subsidiary firm that employed Chandler had ceased operations by the time Chandler sued for damages. However, the High Court upheld Chandler’s claims, and so did the Court of appeal. Although corporate personality requires that a company within a group of companies should handle its liabilities independently, the court held that the parent company was liable for tortious negligence to Chandler. The decision made by the Court of appeal critically influences the legal provisions that govern corporate operations in more ways than just linking subsidiary liabilities to the parent firms as already seen in the Chandler v Cape plc case. Agency principles that relate to common law are often used in determining closely related cases that are filed on similar grounds. In this respect, parties that are relatively bound to benefit on the same ground as that realized by Chandler could file lawsuits against parent firms for liabilities that could have been rather carried by their subsidiaries. The corporate veil between the subsidiary and the parent firm was lifted on the ground that the parent firm best understood the working conditions that the subsidiary was subjecting its employees to. Legally, the court held that the parent firm was as liable as its subsidiary. However, the subsidiary was no longer operational, thus transferring the negligence liability to the parent firm. Duty of care existed between Chandler and the parent firm, through the employing subsidiary. Corporate veil prompts that the employees clearly understand the direct liable party in relation to whom they act for2. The obligations of all the

Media Case Study Example | Topics and Well Written Essays - 4500 words

Media - Case Study Example In addition, with the incorporation of the Human Rights Act of 1998 set forth in Articles 8 & 10 of the European Convention on Human Rights (ECHR), concerning the 'tort of privacy' (although a merely 'implied' principle and a little more defined in the previous decades) the courts must also decide what is 'proportionate' and necessary, or if the injunction requires a 'social need' with regards protection of privacy.2 What is interesting to note here is that other countries encompassed by the European Union have interpreted this principle akin to the law of privacy. The German courts for instance declared that the statute serves to "ensure that the State complies with its positive obligation under the Convention to protect private life and the right to control the use of one's own image"3 It is clear that the two main foundations of the court's issuance of an injunction are the breach of the law of confidence and the principles of tort of 'privacy' (though still unspecified) as enshri ned in UK's Human Rights Act of 1998 and the ECHR. Based on the principles of the law of confidence, ... .4 It has to be remembered that Sporting Sunday has acquired material 'confidential in nature'5, reminiscent in the case of Coco v A N Clark (Engineers) Ltd [1969] RPC 41). The material was apparently not 'something which is public property' or constitutes a 'public knowledge'. 6An important requirement in application of this principle, provides that, 'there had to be an unauthorised use of the information' detrimental to the 'confider.' 7 Clearly, the publication of the 'unflattering' and 'imprudent' photographs of the couple, Jones & Davies is detrimental to the claimants as they are popular public figures. This contention is cemented in the case of Venables & Thompson v New Group Newspapers Ltd and others8 when Dame Butler-Sloss granted injunctions 'against the whole world' barring the disclosure of information which could have led to the recognition of the killers of James Bulger. The court decided that the 'disclosure of the information in question might lead to grave, possibly fatal, consequences for the claimants.'9 The primary importance of this decision is that information or personal data cannot be divulged, regardless of the circumstances. The courts must decide if non-disclosure of information threatens public safety. Based on the aforementioned principles, the circumstance surrounding the case of Davies & Jones and the publication of their photographs are not matters of public importance or public interest. In the case of A v B [2003] QB 195 10 the court bestowed an interim injunction which barred a newspaper from disclosing the claimants sexual liaison with a woman to whom the claimant was not married. The injunction was given based on the consideration that the information was, in nature, confidential and subjected under the principles stipulated in