Travel industry in Europe Essay Example | Topics and Well Written Essays - 2750 words

Travel industry in Europe - Essay Example This paper tells that the prevalence of British Airways was since the year 1974 after the mix of British abroad aviation routes enterprise and the British European Airways Corporation. Since its arrangement it has been one of the essential aircrafts in UK and Europe. Since its initiation it has been the biggest carrier dependent on the armada size and in regard of the quantity of travelers in UK too. It serves countless 150 goals. The association has had the option to perform reliably throughout the years and has been one of the significant benefit making associations in the aircraft business. The operational greatness of the British aviation routes can be connected to the way that it has effectively actualized the 24 hour IT framework. Other than this it includes increased critical accomplishment inside its locale, commercial center and work environment. Other than being the biggest carrier in Britain it has contributed fundamentally in gifts and has concocted appropriate preparing techniques for clamor decreases in the flights. English aviation routes have additionally built up a ton as for the framework. The new terminal 5 has been conveying fabulous help for the carriers and has profited the travelers also. The general authoritative proficiency picked up by the association can be added to assortment of variables. The general examination in the executives mirrors that there are different components which lead to the operational productivity of an organization.... Other than this it includes increased noteworthy accomplishment inside its locale, commercial center and working environment. Other than being the biggest aircraft in Britain it has contributed altogether in gifts and has conceived legitimate preparing procedures for clamor decreases in the flights. English aviation routes have likewise built up a great deal as for the framework. The new terminal 5 has been conveying phenomenal help for the aircrafts and has profited the travelers also. (Review †accomplishments, n. d) The general authoritative productivity picked up by the association can be added to assortment of components. The general investigation in the board mirrors that there are different elements which lead to the operational proficiency of an association. Exploration contemplates mirror that the prime elements prompting operational viability are association culture, association activity, and hierarchical initiative. The paper investigates every one of the previously me ntioned factors as for the British aviation routes. Authority: The hypothesis of initiative arrangements with dealing with a group of individuals for achieving a typical arrangement of objectives. In British aviation routes the association settles on different administration advancement programs. The initiative improvement program centers around different issues like pioneers will expertise and duty. The pioneers will assists with distinguishing the ability of the pioneer to convey as indicated by arrive at the business benefits. The ability evaluation quantifies the current degree of aptitude the leader’s gangs and the styles received by them to make it a powerful learning process. The executives methods of the association stresses upon the manager’s reaction to obeying of

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â€Å"Knock , Knock. Who's There? It's the Papparzzi† In 1960 Federico Fellini coordinated a film intitled â€Å"La Dole Vlta†. In the film entertainer Walter Santesso plays a news picture taker named ‘Paparazzo'. Little did any of them know the term ‘paparazzo' would be a staple in family units and news lines all over the place. In the present occasions the paparazzi are viewed as rutheless picture takers who will effectively get a preview of a big name or athelete. Regardless of whether it be them leaving practice or a film set, going out to clubs around evening time, shopping for food, or in any event, strolling their children to school.Some say paparazzi are down right (pardon my french) butt heads. Remaining in line at the grocery store or strolling down the lanes in certain urban communities, we see magazines or tabloids that have celebrites faces put on them in now and then disliking circumstances. We never wonder how the photos got taken or what leng ths it took to get such an astonishing or now and then ghastly shot. In June of 2005, at that point multi year old Lindsay Lohan's vehicle was hit by picture taker Galo Cesar Ramirez who was attempting to follow her. In a meeting she said â€Å"A line should be attracted terms of getting fierce. † She at that point Joined different celebs includingCameron Diaz and Justin Timberlake in attempting to forestall the â€Å"pap† from attacking their own space. In a few cases the paparazzi guarantee the First Amendment, which disallows the creation of any law condensing the ability to speak freely, encroaching on the opportunity of the press, or meddling with the option to quietly amass. It is difficult for a superstar to not appear to be a hyprocrite when requesting the paparazzi to disregard them. When deserting your â€Å"normal† life to participate in the extravagant yet hazardous existence of being well known, there are a few things that accompanies the erritory.

Blog Archive Friday Factoid Faculty Development at HBS

Blog Archive Friday Factoid Faculty Development at HBS Harvard Business School (HBS) is well known for  using the case method, through which  virtually all of the schools classes  are taught. Rather than resting on their laurels with regard to teaching the case method, however, HBS faculty members work hard to stay at the top of their game. Complementing the school’s tradition of faculty-to-faculty mentoring, in 2004, HBS established the C. Roland Christensen Center for Teaching and Learning (named for the late HBS professor) to promote and support teaching excellence and innovation. The center conducts research on pedagogical innovation and teaching effectiveness related to gender and diversity issues, and helps faculty members refine their teaching styles and techniques. The center also offers professors classroom observations and the opportunity to do pre-class planning, receive within-term troubleshooting/post-term feedback and conduct case and course development. For more information on  HBS or  15 other leading MBA programs, check out the  mbaMission Insider’s Guides. Share ThisTweet Friday Factoids Harvard University (Harvard Business School)

Art As A Declaration Of Societal Culture - 844 Words

We can say that we live in societies of innovation and technology. Countries have formulated means for the showcase and encourage their artists to produce art. In the culture of technology, it has turned into a definitive instrument inside itself. An instrument utilized, though to accomplish political, financial, and social objectives. Society has diminished to a presence just to serve outside demands today. Art being a declaration of societal culture. Esteem inside society has an exchangeable relationship. The part of specialists from art, writing, music, verse, and so on is to be persuasive. Art has been impacted enormously since there has been continuous improvement in technology, for example, digital. Advancements or materials have†¦show more content†¦Realism is a form of art in light of the unforgiving delineation of regular living states of common individuals from the lower classes of society. Artists of Realism felt it was critical to handle social issues of modern life and transform their specialty into a reflection on the predicament of individuals. Realist did not attempt incredibly in the design of models. In Victor Hugo s, Les Misà ©rables he discusses the Parisian underworld and submerging into a fight amongst great and wickedness. The historical between the French armed forces and the general population of Madrid. The scene is full of dramatic references and pressure as underlined by the utilization of lighting. The potential legends are lit up. The lighting blurs splendidly from the left to a dull persecuted right sided creation. Colors are playing deeply within the painting. For instance, the town s people are wearing messy, blood recolored garments of dark colors. The chivalrous character wore a white-dressed shirt and brilliantly shaded jeans in a comparable position of Christ on the cross. The general population on the far side are asking over the dead casualties. The faceless fighters on the inverse side are considered verging on brutal. The others alongside the depicted gallant character are hit with agony and distress upon their countenances, as they probably are aware they are the following casualties to be slaughtered. This structure by Francisco Goya

Medical Marijuana A Safe and Effective Alternative...

In today’s society, there are certain diseases that are debilitating and causing painful reactions to Americans throughout the United States. The patient with MS who cannot control the spasms created by their disease, the rheumatoid arthritis patient with pain so severe they cannot rest and nothing seems to be easing the pain. Then there is the AIDS patient who cannot eat, as they are so nauseated from the HIV medications that they are taking; these patients have just some of the disease scenarios that medicinal marijuana can help. Many people have long used marijuana for both medicinal and other purposes for many years. However, its modern use is a very controversial issue having both strong supporters as well as firm opponents. With†¦show more content†¦One of the problems is that since marijuana is a Scheduled I drug, physicians cannot prescribe it, but they are able to make a medical recommendation for its use. Yet another issue is that even though these states al low it, the people use it are not protected from criminal punishment if they are in possession, or using marijuana. Which is worse for ill people: marijuana or prison? There are already established drugs available that work better for the conditions that marijuana is being used to treat so why the push for marijuana. There are numerous prescriptions available for treatment of such conditions however, people respond differently to different medications. This is why there are so many various medications available for the same conditions. A medication that is effective for one person may do nothing for another. The need for many different options is necessary in the medical field. When there are people suffering every day because they are not finding relief from any of the currently available medications, and there is the slightest chance that marijuana can help, then the choice should be the patients. Percocet, Codeine, Oxycontin, Vicoden, Morphine, Dilaudid, Fentynal, those are all p rescription drugs that are prescribed for pain for numerous ailments; these are all opiods, which are related to heroin. Therefore, the real question is, why not push for marijuana? Marijuana is an illegal substance and designated aShow MoreRelatedMedical Marijuana in Pediatric Patients1087 Words   |  5 Pagesprescribe medical marijuana to their adult patients out of fear, why would they even start considering prescribing it to children . This fear mainly originates from the fact that as medical students in medical school, doctors learn absolutely nothing about prescribing it, therefor, cannot knowledgeably advise patients on dosage and side effects of this medication. This is quite sad considering how much benefits can come from medical marijuana, especially in paediatric care, as it useful, safe and inRead MoreAlternative Medicine and Mainstream Medicine Essay1417 Words   |  6 Pages I feel like alternative medication is disgusting, because you do not know how clean or sanitary the tools, or treatments are. Alternative medicine is any treatment that is not part of the traditional medical system,like someone would learn in nursing school, or paramedic training. Complementary are those used alongside conventional medicine. Recent research has disproved the usefulness of many of these therapies. (USA Today) Alternative medicine is a different way to cure a disease, or anotherRead MoreShould Marijuana Be Legalized?1486 Words   |  6 PagesMarijuana should not be legalized as a medical option. This has become one of the most debated topics since the 1990s. Although there are some who say there are positive medical benefits, the truth is that it may even make things worse. There isn’t enough improvement, if any, when marijuana is used to justify allowing to become a medicine. It is not recommended by most doctors, physicians, and government authorities. Most people believe that marijuana, when used medically, can help cure variousRead MoreShould Marijuana Be Legalized?943 Words   |  4 Pagesavailable for safe consumption to combat a plethora of illnesses and disorders ranging from attention deficit hyperactivity disorder (ADHD) to chronic depression. As a result of the growing options for prescribed remedies to health complications, there has been a blur on the line distinguishing beneficial medicine to recreational drug use. The growing call in the United States for a legalization of recreational marijuana has led to much criticism of apparent double standards between medications and marijuanaRead MoreWhos in Charge of the Store? Essay1449 Words   |  6 PagesWho should be regulating medical marijuana? Majority leader of the California State Assembly, Alberto Torrico asserts that marijuana, used for medicinal purposes, should be legal and regulated to ensure safe, pesticide free, organic cannabis. However, Torrico maintains no n-medical marijuana should remain illegal for all California citizens who do not have a physician diagnosed medical need, such as AIDS or cancer. He contents that advancing the cause of legalizing marijuana to provide additional taxRead MoreShould Marijuana Be Legalized?1407 Words   |  6 Pagesknown as Marijuana has become a widely known and controversial topic in the United Sates. It is currently legal for recreational use in Washington, Oregon, and Colorado. Medicinal Marijuana has also been legalized in 11 other states. Many people are against the idea of legalizing marijuana for medical use in all states for reasons such as impaired driving, addiction, and a gate way to other drugs. Others say the pros outweigh the cons in this situation . I believe that marijuana is an effective and safeRead MoreMedical Marijuana Essay1059 Words   |  5 PagesMedical Marijuana One of the most controversial issues in the United States is over medical marijuana. Many experiments test the validity of the drug as a medicine, and results of these experiments receive much praise but also some critique. The DEA and the National Organization for the Reform of Marijuana Laws (NORML) are battling over the issue. The underlying matter that cannot be ignored is that marijuana proves to be a useful medication for many patients, especially those with wastingRead MoreMedical Marijuana Should Be Legal1053 Words   |  5 PagesMedical marijuana, also called cannabis, is used in some places as a medication to treat diseases and symptoms. Many people consider it helpful and harmless making it the most used illicit drug in North America. With legalizing medical marijuana people can alleviate some health problems and help ease physical pain, but it also can bring many concerns, questions, and responsibility. Legalizing cannabis can help many people with their health conditions. There are some advantages to taking medicalRead MoreArgumentative Essay On Medical Marijuana1301 Words   |  6 PagesMadison Summers Medical Marijuana   Ã‚  Ã‚   According to a survey by pubmed.gov, â€Å"92 percent said that medical marijuana alleviated symptoms of their serious medical conditions, including chronic pain, arthritis, migraine, and cancer.† 86 percent of the United States believe that Cannabis has valid medical uses, says statista.com. Definitions.com states that, â€Å"medical marijuana refers to the use of cannabis or marijuana, including constituents of cannabis, THC and other cannabinoids, as a physician-recommendedRead MoreAlternative Therapy: Fake Medicine? Essay2071 Words   |  9 PagesMany doctors see alternative therapies as only a joke in the medical field. New ideas and procedures without surgery or the use of medication are being portrayed as fake, unneeded and ineffective. Many are not considered serious medicine by the medical field specialists. There has to be another way to help heal the body instead of cutting patients open, or shoving all types of medications into patient’s bodi es. Although alternative therapies are not taken seriously by doctors, the therapies are

Analysis Of Chris Mccandlessness In Into The Wild - 870 Words

Chris McCandless was a free spirit, unbound by the chains of society and an old soul who took pleasure, and fulfilled his lust for adventure, by tramping around the United States. Rather than living the normal life in civilization, Chris felt his love for nature stated when he abandons his family and lives off the land. Jon Krakauer, the author of Into the Wild wrote the book about Chris McCandless aka Alex Supertramp when he died of starvation in the Alaskan wilderness and made headlines. People around the country voiced their opinion on Chris, some believing him to be brave while others a fool. But rather than acting recklessly as the vast majority believed, Chris McCandless was actually inexperienced and unprepared for his adventure.†¦show more content†¦This only calls to attention another one of Chris’ shortcoming which was in the knowledge and inability to get a proper map of the Stampede Trail. With a map of Stampede Trail Chris would’ve been able to sur vive his adventure by either starting a big fire to alert firefighters or go some distance from the river to a cable which spanned the river to the other side where Chris could have been on the road to the highway. This could have been possible if Chris had some prior knowledge to what he was getting into and a good map, especially because Chris was in a moderately good health when he made his plan to head back to civilization. Alas it didn’t happen as Chris was unable to properly prepare for his trip because he believed he could achieve his goal to live in the wild without experience, and lacked the awareness of the land. However, Chris grew wiser as he lived in the Alaskan wilderness. He turned on his rules against killing animals when he killed the moose to feed himself. The environment allowed Chris to mature into someone who’d rather spend his time helping people over just staying away from civilization and at times, people in general. In a sense Chris embodies Ralph Waldo Emerson’s quotes from Self-Reliance, â€Å"Trust thyself: every heart vibrates to that iron string† (Emerson, Source E). Chris trusts himself when he decided to

Accounting standards and theory AASB 136 Deals†Free Samples

Question: Discuss about the Accounting Standards and Theory AASB 136 Deals. Answer: Introduction AASB 136 for the Impairment of assets states the requirement for accounting and reporting the impairment for most of the non-financial assets. It specifies when the organization requires performing the impairment test, in what manner it is to be performed and the related disclosure requirement. The application of the AASB 136 is broad and the requirement for this may be open for the interpretation. AASB 136 deals with the impairment test for all the intangible and tangible assets, except for those assets that are covered under other IFRS. To attain these objectives the standard needs the organizations to test all the assets for impairment when there exist an indication for impairment or at least annually for the intangible asset and goodwill with the indefinite period of useful lives (Bond, Govendir and Wells 2016). Disclosure requirement as per AASB 136 for impairment AASB 136 on impairment requires the extensive disclosures with regard to the test for impairment performed and the recognition of impairment. The disclosure requirement for goodwill is more extensive as compared to the impairment for the other assets. The major requirements for the disclosures are as follows: The recognised amount for impairment test that are recognised and reversed and the circumstances and events that were the reason behind that (Guthrie and Pang 2013). The amount of goodwill for each cash generating unit and the group of cash generating unit Application of the valuation method that is value in use method or FVLCS method and its strategies in determination of the suitable assumptions The major assumptions that are applied in the valuation of the asset that includes the discount rate growth rate that is used. The sensitivity analysis when the possible reason for the change change in a major assumption would result for the impairment that will include the headroom for the calculation of impairment and the amount for which the assumption will be required to alter the results of the impairment (Kabir and Rahman 2016). Impairment disclosures by Wesfarmers limited Wesfarmers tests the goodwill, intangibles, equipment, plant and property for the purpose of impairment: Annually at least for the goodwill and intangibles that have indefinite period of life. Where the indication is there that the impairment recognition that is done previously for the assets except the goodwill may have altered Where the indication is there that the assets are expected to be impaired (the assets which are analysed at least on each reporting date) If the assets do not create independent earnings and the VIU cannot be forecasted to the close of the assets fair value, the asset then goes for impairment test. Further, the asset is impaired if the carrying amount is greater than the recoverable amount. Moreover, where the indication is there that the impairment losses that are recognised previously is reduced or does not exist anymore, the asset is tested again and if found suitable, then the impairment is reversed. From all these discussions, it is analysed that Wesfarmers Limited meets the requirement for disclosures of impairment as per AAB 136 (Wesfarmers.com.au, 2017). Key issues and complexities with impairment The main issues with the impairment are that the values of the assets are always under microscope as the conditions of the market are always under alteration. Maintaining the investors trust regarding the transparency and the accuracy of the assets value is crucial and the regulators and the investors are concerned regarding the recoverability of the assets in the vulnerable market. In this circumstance, strong impairment testing is crucial. Other issues with the impairment are Difference between value in use and fair value: it is crucial to have the clear idea about the difference between the value in use and fair value methods. The fair value method measures in terms of which the independent investors will pay for the asset, whereas, the value-in-use reveals the value that will be internally created by the asset for the business. This variance is revealed in the supposition that is accepted under each model (Bepari and Mollik 2015). Using of the suitable rate of discount: various nations use the capital asset pricing model and weighted average cost of capital to assess the rate of discounting for the testing of value in use. This is suitable only when the risks associated with any CGU do not vary with the whole business. In actual, the various CGU may implement various rates of discounts owing to the difference in currency risk, country risk, product and industry risk and the maturity of market in which the CGU operates. Further, the risk associated with the assumptions of cash flow shall be considered to assure that the discount rate is suitable. Finally, the rate of discount must reflect the incremental rate for borrowing and gearing in the current scenario of the market that may differs with the actual interest rates and gearing of the organization in the current market scenario (Malone, Tarca and Wee 2015). Tax: tax is another complexity associated with the test for impairment. A general mistake is the inclusion of conflicting assumptions regarding the tax of the model. There is likelihood that the organization is wrongly discounting the pre-tax cash flows by utilising the post-tax rate of discount. If the post-tax rate of discount is being used then the post-tax cash flows also shall be predicted- or 30% will be effectively added to the cash flows. Another frequent mistake is including the benefits from the tax losses of previous years under the VIU approach. Therefore, the models for impairment testing must be updated and must be able to reveal the businesss current status as there may be substantial alteration in the economic environment over the year. Further, the data from the market is hard to collect, especially in the absence of latest public transactions. Four specific issues that must be considered while calculating impairment Discount rates the rate of discount for impairment calculation is not mentioned in the annual report. Further, the assumptions of long-run growth rate under the model of discounted cash flow for both the FV as well as VIU less the selling cost and the key assumptions like rate of discount, profit margin and growth rate of revenue that are made in the calculation must be stated. Goodwill allocation as the goodwill independently does not create any cash flows, therefore, the recoverable amount for goodwill cannot be measured as an individual asset. However, most of the times the goodwill contributes to the cash flow of the CGUs. Therefore, the goodwill is distributed to the CGUs. The report must state the details regarding the allocation amount of goodwill to each CGU (Zhuang 2016) Cash flow from foreign currency cash flows from foreign currencies are very common and it shall be treated as per the specific requirement of AASB 136. Generally, the future cash flows are forecasted in the currency in which they are expected to be received. The rate of discount for this cash flow is not simple and easy as the rate differs based on the country and risk profile of the country. Therefore, in the report, these details must be included (Linnenluecke et al. 2015). Compare the like with the like the cash flows that are tested mist be aligned with the assets that are tested for impairment. Further, the projected cash flows must make the allowance for working capital investment and must be clearly mentioned in the report. References: Bepari, M.K. and Mollik, A.T., 2015. Effect of audit quality and accounting and finance backgrounds of audit committee members on firms compliance with IFRS for goodwill impairment testing.Journal of Applied Accounting Research,16(2), pp.196-220. Bond, D., Govendir, B. and Wells, P., 2016. An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance. Guthrie, J. and Pang, T.T., 2013. Disclosure of Goodwill Impairment under AASB 136 from 20052010.Australian Accounting Review,23(3), pp.216-231. Kabir, H. and Rahman, A., 2016. The role of corporate governance in accounting discretion under IFRS: Goodwill impairment in Australia.Journal of Contemporary Accounting Economics,12(3), pp.290-308. Linnenluecke, M.K., Birt, J., Lyon, J. and Sidhu, B.K., 2015. Planetary boundaries: implications for asset impairment.Accounting Finance,55(4), pp.911-929. Malone, L., Tarca, A. and Wee, M., 2015. Non-GAAP earnings disclosures and IFRS.Accounting and Finance. Wesfarmers.com.au. (2017). Home. [online] Available at: https://www.wesfarmers.com.au/ [Accessed 1 May 2017]. Zhuang, Z., 2016. Discussion of An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance,56(1), pp.289-294.