Effects of Fuel Prices

Effects of Fuel Prices Introduction Fuel is pivotal in the successful running of any business and especially in the transport industry like the airline industry, which is involved in massive transporting activities. There is no reasonable doubt therefore that high fuel costs have an adverse impact on the running of any organisation.Advertising We will write a custom research paper sample on Effects of Fuel Prices specifically for you for only $16.05 $11/page Learn More Fuel prices have become a challenge in the recent past because they are usually increasing at a speedy and sudden rate. Most often, much focus is placed on the effect of fuel prices on the lives of people. In such a case, people are advised on unnecessary spending by cutting down on fuel costs. Less attention however is placed on the effect of the high fuel prices on organisations, which cannot run without fuel since it facilitates almost all of the operations in any organisation. The airline industry precisely is o verly reliant on fuel and as a result is deemed to be most affected by the high fuel prices. One such airline is the Dnata Company, whose survival is hanging on a thin thread given its current financial crisis. It is very ironical that the United Arab Emirates is the fourth region across Arab high in oil production yet is ranked the third country with high oil prices. The effects of high fuel prices have crippled the prognoses of the Dnata Company as at now attributed to high operational costs in comparison to revenues obtained. Revenues obtained are almost equivalent to the fuel costs. Notwithstanding the high fuel prices, Dnata has managed to survive in business until this far even though many similar companies have collapsed along the way. It is therefore believed that it will still survive this financial ordeal that it is currently experiencing.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Most of the times when fuel prices are high, the prices imposed on customers escalate as well. However, it is interesting to note that Dnata is still experiencing financial crisis. Apparently, it seems that increasing service prices would not be an ideal remedy due to the triple whammy effect of the high fuel prices. Not only do high fuel prices slow a country’s economic growth and place financial strain on companies, they rob consumers their purchasing power. As a result, business is slow because clients cannot spend much. The situation becomes much worse if the prices are increased. It is intriguing to know that in all these years Dnata has survived in the industry despite the unstable oil prices in UAE. This study will therefore seek to investigate the past performance of Dnata in spite of rapidly increasing fuel prices and compare this past trend with the current situation. Background Dnata is ranked the fourth largest airline company globally th at provides a range of services as shown below. The company handles an estimate of 250 airlines and is operational in 39 countries. It is the number one largest company in as far as travel-management services are concerned. Dnata fulfils the following obligations: catering, provision of cargo, ground handling, sale of air tickets as an agent of other airlines, and information technology services. Dnata was founded in 1959 and merely begun as a small ground handling shop with only two staff members compared with the current 20,000 employees in five continents. It has gradually grown through the years.Advertising We will write a custom research paper sample on Effects of Fuel Prices specifically for you for only $16.05 $11/page Learn More It has been overcoming the hurdles that emerge along the way until the very recent financial crisis, which has been linked to escalating fuel prices. It later expanded in 1970 when it started selling airline tickets. The car go division was formed in 1973 and experienced a boom in 1979. Starting this time, the cargo enjoyed an annual growth of more than 50%. The ticketing division was equally booming such that a new airline centre was opened in 1981 and during this time, it became the largest ticketing operation. A decade later, the 150,000 meter squared Dubai Cargo operation was opened and another decade later (2002), agreements with different carriers were designed and effected. After five years, a joint venture between Toll Holdings and Toll Dnata Airport Services based in Australia was established. This gave Dnata Company an upper lead because this joint venture became the sole ground handling company in Australia. As a company that embraces technology for efficiency, a community-based B2B B2C portal was launched in 2008 to facilitate transactions and thereby serve a wider clientele. Later on in the same year, Dnata opened the DXB terminal 3 to allow the airline to handle baggage for 17,000 passeng ers at a given point in time. Other than the historic transformation into the largest airline company, Dnata Company was able to acquire other small companies. In the year 2009, Dnata acquired Plane Handling Limited, a company that offered ground and cargo handling services at London Heathrow Airport and Manchester Airport respectively. In 2010, the Alpha Flight Group Limited was acquired. The company operated in 11 countries and was a leading in-flight catering company across the globe. It is therefore obvious that Dnata has steadily grown in the past without difficultly.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This makes this study even more enthralling as one tries to figure out what could have gone wrong because it seems that the issue of fuel prices in UAE has been prevalent for a long time due to importation of gasoline. It is evident that Dnata Company has had a solid and professional administrative unit that has steered the success of Dnata. This is attributed to the fact that it has been able to soar up in the past regardless of the many challenges that forced other similar companies to face out. In addition, as an organisation that is entirely driven by quality, it seeks to ensure that each area is continually evolving to meet the changing demands and preferences of clients. As a company that has various transport and carrier responsibilities, it is likely to consume a lot of fuel in a day. Hence, the unstable oil prices are a great injustice to the company, which is very fundamental to the economy of UAE and in the airline industry in general. During the period 2011 and 2012, Dna ta was documented as enjoying its peak in profits despite increasing operation costs. Worth noting is that the profit derived during this time was obtained from in-flight catering, airport operations and Dnata cargo handling in that order. The fact that ground handling is not documented could mean that fuel prices compared to revenue could have resulted in a negative balance. However, all this can be confirmed by carrying out this study that will examine the different departments and each department’s performance all along. It is only then that an association between fuel prices and the financial crisis being experienced by Dnata will be scientifically proven. Problem Statement The sole purpose of any organisation is to make profit. Dnata is a private airline company and therefore its objectives could not be far-fetched from this. The company has done what is within its jurisdiction in as far as provision of quality services to its clients is concerned. This is supported by t he fact that Dnata adopts latest technology that is efficient and effective. Maintaining a stable clientele base is very important for any business to thrive hence the reason why Dnata offers quality services to meet the needs of its customers. In the recent past however, the looming fuel prices have not favoured the company at all. Dnata company is currently in a financial crisis with its revenue barely enough to meet its operational costs. It is very enthralling to investigate the effects of the high fuel prices on this company that has continued to survive in the past.

2015-2016 ACT Test Dates

2015-2016 ACT Test Dates SAT / ACT Prep Online Guides and Tips Are wondering about when the ACT had its test dates during the 2015-2016 academic year? Maybe you need to confirm the date you took the you're just curious, or perhaps you want to know whenACT, Inc. will holdfuture tests. In this article, I’ll give you the ACT test dates for 2015-2016 and explain the factors to think about when selecting your test date. ACT Test Dates for 2015-2016 Check out the test dates, registration deadlines, and multiple choice score release dates for 2015-2016. Though the exact dates vary every year, this basic schedule, with dates in September, October, December, February, April, and June, remains the same. Test Date Deadline Late Deadline Score Release* Sept 12, 2015 Aug 7, 2015 Aug 21, 2015 Sept 22-Nov 6, 2015 Oct 24, 2015 Sept 18, 2015 Oct 2, 2015 Nov 10-Dec 28, 2015 Dec 12, 2015 Nov 6, 2015 Nov 20, 2015 Dec 22, 2105-Feb 6, 2016 Feb 6, 2016** Jan 8, 2016 Jan 15, 2016 Feb 17-Apr 1, 2016 Apr 9, 2016 Mar 4, 2016 Mar 18, 2016 Apr 19-Jun 3, 2016 Jun , 2016 May 6, 2016 May 20, 2016 Jun 21-Aug 5, 2016 *= Refers to the period in which multiple choice scores were released. Normally, you'll get your writing scores about two weeks after you receive your multiple choice scores. **= No February dates were scheduled in New York. How to Choose Your Test Date Now that you have an idea of when the ACT offers testing, here are some of the major factors to consider when picking your ACT test date: Know Your Deadlines! The most important thing to remember is to take your ACT before any deadlines. If you apply regular decision, the December test in your senior year will be the last test you can take for most colleges. If you apply early, the last test you can take may be in October or November of your senior year. Additionally, there are scholarship deadlines. If you want to obtain any scholarships that consider your ACT score, you may need to take your ACT before the scholarship application deadline. How Many Times Do You Want to Take the ACT? Most students improve their scores when they retake the ACT, and you should allow yourself an opportunity to take the test multiple times. Generally, we recommend taking the ACT for the first time in the fall of your junior year. Then you can retake it in the spring of your junior year and the fall of your senior year if necessary. How Long Do You Plan to Study? When picking your test date, make sure you have enough time to prepare. Get an idea of how long you’ll need to study and ensure you’ll be able to sufficiently study before you take the test. If you take both the April and June tests without doing any additional preparation in between, your score probably won’t improve much. Do You Have Conflicts With Any Test Dates? Check to see if you have any potential conflicts on or around any of the ACT test dates. Maybe the February date is on the same day as your big wrestling tournament. Perhaps you want to avoid the June test date because you’ll be spending most of your waking hours studying for finals. It may be difficult to find a time when you can fully devote yourself to the ACT, but you should try to choose the best test dates for you. What's Next? If you're studying for the SAT for 2016-2017, check out our review for the new edition of The Real ACT Prep Guide. Are you worried about balancing your test prep with school? Get some expert tips for how to successfully prepare for the ACT without sacrificing the quality of your schoolwork. Finally, check out our ultimate guide to ACT prep for study guides, strategies, and practice tests. Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically. Have friends who also need help with test prep? Share this article! Tweet Justin Berkman About the Author Justin has extensive experience teaching SAT prep and guiding high school students through the college admissions and selection process. He is firmly committed to improving equity in education and helping students to reach their educational goals. Justin received an athletic scholarship for gymnastics at Stanford University and graduated with a BA in American Studies. Get Free Guides to Boost Your SAT/ACT Get FREE EXCLUSIVE insider tips on how to ACE THE SAT/ACT. 100% Privacy. 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Caring for your Local Voluntary Organisation Essay

Caring for your Local Voluntary Organisation - Essay Example Whatever be the source of the funds, all governments today stress the need for efficient Non-governmental bodies to transform the life of the people. In the UK, they form a part of the government's planning process n local administration as well. Today, the role of an NGO is not debated, only their efficiency is. Organisations such as the UN have now shifted their focus from working with governments in the developing world to NGOs who have a massive contact with the people and work with them for consistent local benefits. NGO's impart a huge service to every nation in terms of its socio-economic development while governments in most cases are restricted to setting up the rules and the supporting infrastructure. Voluntary organisations work closely with the people and are more efficient in bringing out any sustainable benefits to the locality in terms of health care and education. Since the NGO draws a large number of volunteers, who are more committed to the cause they are working on , the efficiency levels of these bodies are very much on the higher side - they are more focussed and committed than many governmental organisations. A large number of these volunteers have different educational degrees and are mostly overqualified for their work. The organisation will also have a large pool of ideas to address any particular problem than a body in the public sector. Mostly all voluntary organisations are run by local members of the society and this means that they have more contact with the people and more information about the problems they face. Networking of the LVOs is a much simpler method to achieve social change than very expensive and cumbersome state run mechanisms. While managing Voluntary associations was considered an easy job in the sixties, it has become more complicated today. The governments in various countries have various rules and regulations that govern the formation and functioning of Voluntary Organisations. Besides these, management of Voluntary organisations also have become a task that is highly specialised in nature. They call for management skills and vitality in time management apartment from monitoring and re-orienting the efforts of the volunteers. The local voluntary organisation is a company registered under the companies act as a charity registered under the charities act. This heterogeneity means that it is both a company and a charity organisation. The guarantors of the organisation are the board members of charity. The Companies Act demands that the board is liable to the company and so the guarantors of the Local Voluntary Organisation is also liable to a sum of money that is limited to their memorandum and articles of association. The guarantors comprise the board of directors and form the executive committee. Registration also places the LVO under the Charities Act and hence the regulatory commission has specified that the board of trustees should have no pecuniary interest in the charity and their primary objectives should be only social good. The legal frame works apart, a local voluntary organisation should have a good governance system that will help it deliver the goodies to the masses. This can take

CRIMINOLOGICAL THEORY Assignment Example | Topics and Well Written Essays - 750 words

CRIMINOLOGICAL THEORY - Assignment Example For development of self-control, one has to have parental attachment and is affected by the parenting strategies and supervision employed to bring an individual. Attachment that helps in self-control is with the family. One has to form beliefs in law and family attachment, commitment with social norms and institutions and involvement in social activities (Bouffard & Rice, 2011). According to Social control theory/social bonding theory, with the help of crime, we can satisfy our wants quicker as compared to conventional behaviour. For controlling delinquent behaviour, we must have social bond that is created by â€Å"emotional attachment to parents, peers and conventional institutions, such as the school; commitment to long-term educational, occupational, or other conventional goals; involvement in conventional activities, such as work, homework and hobbies, and belief in the moral validity of law† (Costello & Vowell, 1999, p. 817) Social learning theory can be defined as a theory according to which, an individual learns through observation or direct training. When an individual learns more positive definitions of criminal behaviour and less negative definitions of crime, he will depict criminal behaviour. Because according to his cognition and understanding, crime is positive. Those having delinquent peers themselves show delinquency (Costello & Vowell, 1999). Young people tend to appear delinquent based on imitation, learning positive or negative definitions of law violating behavior and the knowledge about rewards and punishments attached to breaking of law (Neff & Waite, 2007). Agnew’s general strain theory states that any kind of strain can result in depressing emotions that can lead to consequences involving crime. Strains are there because of inability to attain valued objectives such as economic success, educational

Mary Shelleys Frankenstein :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Life is a journey that has its â€Å"ups and downs,† but for most of us the happy memories prevail more than those that are of our dislike do. Victor Frankenstein is one of those few persons that will not agree with me on this statement. As far as we know the story, we realize that there are plenty of moments that he is filled with joy, never the less, as time passes, he creates his own misery and every moment becomes his final doom.   Ã‚  Ã‚  Ã‚  Ã‚  Frankenstein’s childhood is, as we very well know, a wonderful and even an envied time. Life for him couldn’t be more perfect, he had amazing experiences with Elizabeth, had good relationships with his parents, and most of all he was a kid who knew no limits or prohibitions. He says, â€Å"No human being could have passed a happier childhood that myself1,† which just couldn’t state more clearly the amazing in fancy he had. Moreover, he continues saying that â€Å"We [Elizabeth and himself] felt that they [his parents] were not tyrants to rule out lot according to their caprice, but the agents and creators of all the many delights which we enjoyed2.† This sentence makes me think that he can’t even complain about a single episode in his early times, they were just about perfection. Life goes on and the older people get, the more knowledge they obtain, and so did Frankenstein. He began with self-instruction and continued studies in Ingolstadt, which may sound terrific, but we know that his thirst for knowledge was one of the reasons that led him to misery. He sets away that wonderful world of joy and friends for a filthy laboratory and a dream that is consumed of ambition. In my personal opinion I think that the opportunity he had in going away for college was worth gold, but it doesn’t explain the fact that he ceases the relationship with his family and friends. He know it and he reveals it when he says, â€Å"And the same feelings which made me neglect the scenes around me caused me also to forget those friends who were so many miles absent, and whim I had not seen for a long time3.† Here is when he first begins to suffer from his own cause and his own fault. His misery was enriched when the monster was finally completed and further more, when his brother William dies and Justine is found guilty for a crime she didn’t commit.

International Game Technology IGT Essay

International Game Technology (IGT) Introduction            The short term and long-term debt for International Game Technology as at 31st March 2014 stand at $ 1,426,400 and $ 1,760,500 respectively. The total liabilities for the company sum up to 3,186,900. This information is generated from the company quarterly report. The market value of equity of IGT is $ 3.98B and the outstanding share is $ 24M.            The debt ratio helps a company compare its total debt to total liability and equity. This ratio is used by the company to have the general notion as to the value of leverage being applied by a company. A lower value implies that the business is less reliable on borrowed funds. The less the ratio or leverage the business is applying, the stronger is the equity position of the company (Tamari, 1978). On the other hand, the bigger the ratio the higher the risk the business considered to have invested on. Debt to equity ratio is less the same as debt ratio. This is another gearing ratio that compares the business liabilities to its outstanding shareholders’ equity (Tamari, 1978). The same case with debt ratio, a lower value implies that the business is applying less borrowed fund and the better is its equity stand.            Therefore, in both case I consider these ratios too large for the IGT Company. It implies that the company is highly exposed to risk such as creditors’ lack of confidence with the company and increase in interest rates. IGT Company should consider paying off its debt. It can raise capital for paying debt by issuing more stock.            Among the three companies, IGT Company has the highest debt to equity ratio. The company may have opted for this approach in order to benefit from deductible interest tax and build the credit for the business. This approach will also ensure maintaining completely ownership of the company. The challenges with issuing large amount of stock means those shares outstanding of the company become more diluted and the current investors earn smaller ownership fraction with every extra share issued (Wiehle, 2005).            On the other hand, Multimedia Games Holdings has the lowest debt to equity ratio. It might have opted for this option in order to enables it investors raise capital without facing debt. This will allow the company owners to concentrate on making their outputs more profitable instead of paying back to lenders. Multimedia Games Holdings may have also opted for this approach to allow the company owners and investors to create a long-term association throughout the lifetime of the business. According to Wiehle (2005), the cash flow for the company will be utilized on investments instead of paying interest and outstanding debts. Moreover, this compare can be termed as a small company if you compare it with the other two companies; hence, it might have opted for this method for the fear that it will face liquidity issues and fail to pay its outstanding debts (Wiehle, 2005). References Tamari, M. (1978). Financial ratios: analysis and prediction. London: P. Elek. Wiehle, U. (2005). 100 IFRS financial ratios (1. ed.). Wiesbaden: Cometis AG. Source document

Music Censorship Essay - 2636 Words

Marilyn Manson, The Beatles, NWA, Garth Brooks, and the king, Elvis, What do all these people have in common? Well, yes, they are all musical groups, but there is something more. Marilyn Manson is a heavy metal group who worships Satan, the Beatles were one of the greatest Rock N’ Roll bands of all time, and NWA was a hard-core rap group from the 80’s. Garth Brooks is a country singer and greatest selling performer of all time, and well, Elvis is the king of Rock N’ Roll. So what do they all have in common? All of these artists have or had songs with indecent or obscene lyrics. nbsp;nbsp;nbsp;nbsp;nbsp;Since the dawn of musical expression, there have been people trying to stop or hinder the constitutional right to listen and enjoy†¦show more content†¦Ã¢â‚¬Å"The use of parental advisory labels, as with any system that aim to deny an individual the right to receive a form of communication, most certainly is a free speech issue† (Crowley). Censorship should be left up to the public because it is our freedom to decide to use our better judgment in deciding what we want to listen to, regardless of other’s opinions. nbsp;nbsp;nbsp;nbsp;nbsp;The Parents Music Resource Center and other censorship groups became a thorn in the side of free speech when many parents (like Tipper Gore) were outraged and disgusted by this new music known as â€Å"rap.† Censorship organizations demand that these new performers like Ice-T and NWA become banned from the radio and their music be labeled as indecent and explicit in order to protect America’s Youth from listening to this so-called â€Å"filth.† Rap has since been the biggest target for censorship, with groups going as far as saying that, â€Å"there has been a marked increase in explicit violence and misogyny in popular music, and it stands to reason that exposure to such hate filled lyrics has had a effect on kids’ attitudes, assumptions, decisions, and behavior† (Senate subcommittee†¦). This is a crazy assumption with no facts to back it up. According to Vincent Shiraldi, the executive director of the Center on Juveni le and Criminal Justice, â€Å"There has been a 30Show MoreRelatedCensorship And Censorship Of Music1544 Words   |  7 PagesThroughout the years, music has evolved and transformed in many ways. However, there are restrictions in today’s music, otherwise known as, censorships. A crisis has emerged concerning the issue of censorship. This argument consists of two possible stances: one, supporting the continuation of censorship, and two, eliminating the status quo of censorships in the music industry. There have been countless debates and arguments regarding the issues of censorship ever since the U.S. Congress passed theRead MoreEssay on Music Censorship1049 Words   |  5 PagesMusic Censorship   Ã‚  Ã‚  Ã‚  Ã‚  Today, in the 1990s, citizens in our society are being bombarded with obscene material from every direction. From the hate lyrics of Guns N Roses to the satanic lyrics of Montley Crue and Marilyn Manson to the sexually explicit graphical content of todays movies, the issue is how much society is going to permit and where we, as a society, should we draw the line. The freedom of speech has always been considered a right, but that doesnt mean that you can shout, FireRead MoreCensorship in Music Essays1076 Words   |  5 PagesCensorship in Music Censorship in music has been a major problem plaguing America since the early nineteen forties. It came to a head during the nineteen sixties with the Vietnam War and the hippie movement. During the nineteen seventies and eighties heavy metal and hard rock were getting the brunt of the censorship heat. Now in the nineteen nineties the major focus of censorship is rap; primarily gangster rap. Some of the main factors of music in general that cause legal ramifications are sexualRead MoreThe Problem Of Music Censorship1280 Words   |  6 PagesAttention Getter: Imagine yourselves listening to music at a party, you’re jumping around yelling, screaming, and majority of the time singing or rapping along to whatever song is playing. Now imagine every other word, or whole verses in the song getting bleeped out frequently because of the message it presents even though you have the right to listen to whatever you so desire. This is the problem of music censorship we all face today. B. Relevance: BeingRead MoreMusic Censorship Essay625 Words   |  3 PagesMusic Censorship Since the being of time people have been making and listening to music. Music has been considered the best way to express ourselves. The Bible even talks about how music was used to praise God. Music has been used for all type of things ranging from to getting a girl to notice guy, trying to get over a broken heart, or maybe losing a love one. Now society says that music has become too violent and sexually oriented. Many people have different point of view on this topic someRead More Music Censorship Essay640 Words   |  3 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;Why is it that when a person that listens to music that may promote violence and contains â€Å"objectionable† lyrics does a bad thing, families are quick to point out that it was external materials such as the music that influenced the person to do it? nbsp;nbsp;nbsp;nbsp;nbsp;This is the controversy over music censorship. Music censorship is the attempt or action taken by any agency to limit or hold back anything in music that a community may find offensive to its beliefs or valuesRead MoreEssay on Censorship of Music1406 Words   |  6 PagesCensorship of Music In todays society, all types of music artists are expressing their views, opinions and feelings in their songs about what they see and what they know. This is on of the great things about this country, the freedom to express yourself. It is not fair, nor is it constitutional that music should be censored in anyway. It is not only rap music trying to be censored it is in all types of music. They are taking away their rights and it isnt fair. As reported in the New York TimesRead More Music Censorship Essay3364 Words   |  14 Pagesfuss about? Censorship, Government officials, and raving mad protesters alike have been trying to stop the expressive creativity in everything from rap music to Mark Twain. Censorship in music is a topic that has brought about much controversy in the past two decades. There have been many different arguments on the topic, however the question still remains as if it should be censored or it should not be censored. In Paul Blanshard’s book The Right To Read: The Battle Against Censorship, he speaksRead MoreMusic Censorship Essay2897 Words   |  12 PagesCensorship in Music When listening to the radio, most people come across a song that has been changed from its original version, whether certain words are beeped out, or a string of lyrics are replaced altogether. This is censorship, and it is very common on the radio. It is also very controversial. People don’t agree what should be censored or if anything should be censored at all. However, we believe that censorship is a good thing. Censorship allows offensive music to be altered so that it isRead More Music Censorship Essay862 Words   |  4 Pageskind of music they listen to and to take that right away from anyone would be more offensive than having the president of the United States of America get oral sex in the oval office, one of the most honored places in the country. People get more worked up over the things in life that mean nothing, than worrying about crucial issues. Our society can tolerate watching parents smack their children in *Wal-Mart more than they can stand to hear a curse word, or a sexual comment in a song. Music is an expression