buy custom Applications in Corporate Finance essay

buy custom Applications in Corporate Finance essay The point of this analysis is to come up with how best DanAir Airlines can continue to be a thriving industry in the 21st century. This is accomplished by providing a background region analysis of the global industry of airlines. Current and future evolvement of the industry also has to be considered as do the reasons why airlines fail and how to achieve success. Regulation While route scheduling, as well as, the air ticket price has been de-regulated for some time and many of the sections are still under tight control. Governments own and regulate the airports in their regions and control key bottlenecks to airline services such as access to boarding gates and runways. Most airport commissions allocate gates without a formal market mechanism such as a bidding process. In addition, international routes have been de-regulated only gradually, through negotiated bilateral open-sky agreements, which generally allow airline companies from two countries to fly planes within and to each other without restrictions. In many airports, airlines must obtain a slot for their aircraft to land or take off. The regulations that were designed to avoid congestion in extremely busy airports have lagged behind market realities (Vasigh, Fleming, and Mackay, 2010). Service to some small and isolated markets is also subsidized and regulated by said the government. Airline competition has not benefited all consumers. Business travelers paying full fare usually enjoy a superior product in terms of service and flexibility. There is an increased demand for air travel, thus, there are new passengers who air travel. This means that even though competition among airlines may not necessarily profit all categories of passengers, there is an increase of the passengers, which lowers average prices (Shaw, 2007). While profits are volatile, industries without volatile profits operate without substantial government regulation. Free are an advantage for the big industries because they give provisions for firms when it comes to innovation to demand and cost systems. Free markets provide incentives for innovations to spread, thereby increasing efficiency. Impact of Policy on Competition Airlines are a complex mix of competition and standardization, the policy choices made could affect its competition. Policies are the mechanism for allocating airport gates and facilities. The airport commissions usually rely on the mechanisms not from market formations to allocate these resources (Renga and Mentges, 2010). Changes in these policies force the authorities to increase supply as the bid values go higher than the costs. Evidence suggests that the airfares increase as concentration in the market increases and this harms consumers. The concentrated markets benefit from the consumers by creating bigger networks with better flights. A third significant policy dimension involves restrictions on substantial foreign ownerships of airlines and on domestic flights by foreign owned airlines. While profits have fluctuated a great deal in the airline industry, DanAir has been characterized in the past by steady growth, and falling prices. Liberalization Since the horrendous attacks of September 11 2001, global airlines have registered abysmal performances especially when compared with their recorded profits in the years before 2001. The airline industry is structurally challenged by its very nature, facing high fixed costs, and cyclical demands. As such, the number of bankruptcies continues to pile up as airlines seek protection from creditors and look for ways to restructure costs. Facing increase competition and fighting to retain customers and thrive, most airlines have introduced cost cutting measures such as frequent flier programmes that reward customer loyalty with tickets, cabin upgrades, priority check ins, priority boarding, lounge access among other privileges. Passengers can also accumulate mileage point based on distances travelled and in what travel class and then redeem those miles for rewards such as free or discounted tickets. Loyalty programs such as these are often more profitable than other forms of marketing like comparison of routes, services and price. Both airlines and consumers benefit from the advent of loyalty programs. Airlines benefit from a faithful consumer base that remains even with increased fares and passengers earn free tickets and other rewards. Alliances Hardly any airline, no matter its largesse or scope is able to efficiently provide service to all the destinations of the world. To counteract this fault, airlines, even gigantic airlines, form alliances with other airlines to overcome their limited abilities and reap a profit. By amalgamating, they also increase their market presence and expand their network. While larger airlines opt for agreements with regional carriers, the trend of alliances is now beginning to go international. The benefits of this to the consumer are clear: more reachable destinations, lower prices, and more departure times, access to more lounges, faster mileage rewards and around the world tickets. This is the result of the airlines sharing facilities, cooperating in sales and making investments in different regions of the world (Morrel, 2007). Profitability in the Air Industry The ultimate challenge for airlines is selling the most ticets for at the highest prices and targeting the right customers so that price discrimination will occur where customers pay different rates for the very same destination and service. Airlines face additional pressure to fill seats because empty seats are considered perishable goods with the airline having to fly even with empty seats. Striking an ideal balance between price and demand is undoubtedly difficult and airlines resort to a lot of market research to categorize their customers. There are business travelers, and those travelling for urgent personal reasons, and there are leisure travelers who are price sensitive and an influence demands. At the extreme end, of the economy spectrum is the least expensive seat, which may be four times less the most expensive seat. Understandably, airlines will focus on filling their first and second class sections which more than over the cost of their lowest economy class seats. Managing Cost Structure In stark contrasts with the management of other service businesses, airlines today need an extensive range of expensive equipment in order to operate efficiently. Companies have traditionally financed their costs by loans or public stock offerings, but recently, airlines are leasing equipment such as aircraft, baggage vehicles, and hangars, having realized that those leases provide greater flexibility in updating equipment while keeping upfront costs down. If the lease is a capital lease, an airline records the asset and a lease liability that is generally equal to the sum of the present value of the lease payment during the lease term. Another benefit of the capital lease is the depreciating expense relating to the asset over the economical life of the asset. Aiming to limit their long-term liabilities, most airlines prefer operational leases (Crans, 1996). In these, neither the asset nor the lease liability is included in the balance sheet. Leases also provide airlines with flexibility. In times of increase of demand, airlines can quickly utilize larger planes to accommodate all their customers. In the post September 11, 2001 era, most airlines have espoused cost-cutting measures as a goal to pursue. The airline industry is labor intensive, and so pilots, flight attendants, baggage handlers, dispatchers, and customer service comprise the biggest portion of the airlines operating expenses. This is due to a highly tenured workforce, higher pension costs, and work rules because of hiring unionized labor. The maintenance department is also under operations focusing on aircraft condition to preserve the airlines most valuable capital asset, the airplanes. This group is essential to the airlines because it can affect the airlines bottom line. Aircrafts cost the airline a lot, whether just sitting idle or in full flight. As a result, maintenance personnel are often charged to keep the planes in tiptop shape to minimize downtime. Reducing Costs of Fuel In consistently seeking to lower fuel costs, management and operations will fill aircraft with more fuel than is necessary for the trip to its destination, as the cost of fuel in the place where it is going may be more than what it is in other areas. To save fuel, pilots use single engine emergency procedures when they doing normal drills as well as selective engine shutdown when the ground procedures are under delay. Cargo personnel can reduce and weigh more effectively the onboard weight while redistributing belly cargo to save on fuel. Pilots can also cruise longer at high altitudes while employing shorter and steeper approaches. DanAir can also optimize flight planning for a minimum fuel burn routes and altitudes. Hubs and schedules should be redesigned to alleviate congestion and DanAir can acquire fuel-efficient airplanes to save on fuel. High priced localities as far as fuel is concerned are also to be avoided. There is another risky option for decreasing fuelling costs, fuel hedging. The basic premise is to purchase a contract that locks in a fuel price in the future at which point the airline will pay that strike price should the price of fuel increase above the current price. Through forward contracts, future contracts and optional swaps, an airline can manage its fuel price risks. The primary difference between forward contracts, future contracts, and optional swaps is that options grant the airline the power to buy or sell at a specific time without obligation whereas future and forward contracts will result in direct losses if fuel prices drop below the contract price, as there is an obligation to pat the contract price. Landing Fees Airport and en route charges are a significant expense in flight operation costs. Both private and public airports charge airlines for the use of their runway and terminal facilities. These fees are quite considerable taking into account the number of aircraft landing and departing each day. Due to the considerable cost of airport charges, DanAir should attempt to fly fewer planes into the priciest airports and try to maximize their load factors during times of high fuel prices. Ancillary Fees In response to the most recent economic downturn, airlines have begun to charge extra fees for services that were once considered complimentary. These include checked baggage, food and beverage, seat selection, priority boarding, ticket changes, reservations via telephone or internet, and carryon baggage fees (Salerno, 2010). Performance Metrics Data revealed in specific metrics can underscore why some airlines are profitable and others slump into bankruptcy. It will underline efficiency measures undertaken in both cutting costs and in generating maximum revenue from each passenger (Banfe, 1992). In revenue metrics, rather than looking at system total operating revenue when comparing airlines, one can glean more information from system passenger revenue per available seat mile. Revenue per available seat mile, which includes both passenger revenue, as well as revenue earned from freight, is also used to compare airlines. It represents how much revenue an airline generates per seat per mile flown. In theory, higher revenue per seat mile translates into higher profit. Expense Metrics Analyzing airline expenses exposes a significant difference between the airlines that dedicate themselves to serious cost minimizing and those that place less value on it. The lower an airlines cost per available seat mile; the more efficient for the airline operations then the airline probably post a profit avoiding bankruptcy. Laborers Laborers in the airline industry have constantly sought to re-negotiate contracts and fight when their demands are not met. It is a constant battle between the airlines who struggle to cut costs to avoid bankruptcy and the labor unions that seek higher wages or better benefits. To cut costs, some airlines ascribe to employees extra duties that do not fall under their original portfolios but that they can perform easily and efficiently such as asking maintenance personnel to wash parts of the plane (Morrison and Winston, 1995). That can actually increase the bottom line of the said airline by lowering the overhead costs, as well. Stage length is an important strategy to consider, as well. It refers to the average flight times of a particular airline. As stage lengths increase, costs tend to go down which bodes well for the long haul airlines that have fewer take offs and landings. Traffic and Capacity Metrics The most fundamental metrics related to the airline industry are traffic and capacity, which are used as the basis for unit revenue and unit costs. They also provide the essential metric of load factor, which measures the percentage of seats sold out of the available seating places available. Total available seat miles determine which airline has the largest seating capacity as total available seat miles is equal to increasing seats proportionally to the number of miles flown (Doganis, 2002). Airlines strive for the highest load factor as they face high fixed costs for each plane flying. As the plane will typically fly regardless of its load factor, the airline will lose revenue for each seat that goes unsold as it absorbs operating costs, such as fuel, labor and landing costs. It is, therefore, critical for airlines to attempt to sell each seat, as the airline with the largest load factor is likely generating the most revenue for from each flight. Since reaching the low point of 2001, most airlines have steadily increased their load factors. This is primarily due to more efficient and sophisticated yield management systems which allow the airlines to more accurately estimate demand at different price levels resulting in more sold seats. In addition, some airlines have also reduced the number of flights, which increases load factor due to offering less capacity yet facing rising demand. However, while load factor provides insight into how much revenue an airline generates from each flight, it disregards expenses. Moving into the next decade, the airline industry is still at crossroads, and while demand for air travel has increased exponentially, many of the carriers continue to struggle in their quest to turn a healthy profit. A few steps can be taken to avoid bankruptcy and start the journey towards earning ever-increasing profits. (a)Cross utilization of employees. The major airlines must negotiate with their labor unions to seek changes to their agreements as concerns their duties. Management should highlight the advantages of cross utilization to the leaders of the unions, which can translate to a superior working environment, as employees are not limited to one function only. From a corporate perspective, this of course leads to productivity increases thereby decreasing costs (Haines, 2004). (b)Maintaining cost discipline. Airlines need to adopt efficiencies that include eliminating in-flight services such as food and snack distribution, flying more point-to-point routes, and decreasing turnaround times, which contribute to aircraft utilization. (c)Breakeven load factor. This is acquired by decreasing costs. It is the average percentage of seats that must be filled on an average flight at average fares for the airlines passenger revenue to break even with the airlines operating expenses. It is imperative for major airlines to reduce their breakeven load factors by focusing on reducing their unit costs thereby increasing their margins. (d)Intangible. Airlines should provide a fun atmosphere in their aircrafts that promote a fun outlook. They should also source for new aircraft if their present machines are dilapidated and not adopt a policy of providing frugal amenities, which can taint an airline for a long time with a reputation of stinginess. Buy custom Applications in Corporate Finance essay

Pros and Cons of Online Education Thesis Example | Topics and Well Written Essays - 1000 words

Pros and Cons of Online Education - Thesis Example This paper stresses that online education is technology dependent. This form of education relies on technologies of the certain specification as dictated by the service provider or e-learning supplier. This may become a huge challenge for students because not every student has technological appliances that meet those specifications. The ability of e-learning to become effective depends on the ability of students to utilize it. Online learning requires high bandwidth capabilities, which is not readily available. The speed of bandwidth varies significantly from one service provider to the next, which can affect learning. Material incompatibility is another factor that affects online learning. Most online learning materials are designed to suit a particular system, for instance, Microsoft, which is not compatible to with systems that use Apple Macintosh system. Although, setting standards will help in this area, it will also restrict the access to online education. Online education is n ot for everyone, especially people with disabilities. This essay makes a conclusion that the University was not just introduced to impart knowledge; it is a place where leisure and work existed side by side, shaping one another, and each playing its role in generating a graceful and well-formed personality. A reader today, is more likely to accept Newman’s views about university, as he describes it; it is an institution of irreplaceable value.

Managing Health, Safety and Risk in Organizations Essay

Managing Health, Safety and Risk in Organizations - Essay Example The safety case must give full details of the arrangements for managing health and safety and show that the company has safety management systems in place, has identified risks and reduced them to as low as reasonably practicable, has introduced management controls, provided a temporary safe refuge on the installation and has made provisions for safe evacuation and rescue. The Offshore Installation and Pipeline Works (Management and Administration) Regulations 1995 - these set out requirements for the safe management of offshore installations such as the appointment of offshore installation managers (OIMs) and the use of permit-to-work systems The Offshore Installations (Prevention of Fire and Explosion, and Emergency Response) Regulations 1995 (PFEER) - these provide for the protection of offshore workers from fire and explosion, and for securing effective emergency response The Offshore Installations and Wells (Design and Construction, etc) Regulations 1996 - these are aimed at ensuring the integrity of installations, the safety of offshore and onshore wells, and the safety of the workplace environment offshore. 3. The Management of Health and Safety at Work Regulations 1992 The Control of Substances Hazardous to Health Regulations updated in1999 The Noise at Work Regulations 1989 The Health and Safety at Work Act (1974) The Provision and Use of Work Equipment Regulations (PUWER) The Lifting Operations and Lifting Equipment Regulations (LOLER) The Dangerous Substances and Explosive Atmosphere Regulations (DSEAR) First-aid, safety representatives and safety committees, personal protective equipment (PPE), display screen equipment, manual handling and safety zones. 3. In the UK, the legislation sets out the objectives that must be achieved, but allows flexibility in the choice of methods or equipment that may be used by companies to meet their statutory obligations. Health and Safety Executive's (HSE) Offshore Safety Division employs a team of inspectors who are responsible for enforcing both the offshore specific regulations and the general safety legislation common to all industries. One of examples of hazards in oil industry are gases and easily vaporizable liquids which require utmost care and precautions (P. Waterhouse and revised by Ray Chalklen). All the time that these are contained within the equipment that is designed to hold them, whether it be pipeline, storage tank, reaction vessel, portable container, cylinder, etc., they do not present a fire risk. It is only when they are released to atmosphere

How Has Social Networking Affected Society Media Essay

How Has Social Networking Affected Society Media Essay The internet has revolutionized the way in which people communicate. The proliferation of this medium of communication and data transfer has made it difficult to believe that only a few decades back, people had to wait for days and sometimes weeks for a letter to reach them. Today communication is a very quick process and it is the internet that has made it possible. The latest byproduct of the internet is what is called social networking. There are numerous websites like Orkut, Facebook and MySpace that are used by individuals to find their friends and stay in contact with them. It is impossible to ignore the impact that social networking has had on human society. This paper will study the different ways by which social networking sites have influenced society. The positive and negative effects of this cyber phenomenon will also be delved upon. The popularity of the internet among the masses was made possible mainly due to email. People could send emails to any part of the world and could receive emails instantaneously. Subsequently there were websites that integrated audio and visual elements to make internet browsing a user friendly experience. Today, handheld devices utilize the internet for various purposes. This means that the internet and related applications can be made available to any person who knows how to use a compatible handheld device. For many people the internet has become an absolute necessity that they cannot do without in their daily lives. Even though in the beginning internet services were utilized by commercial establishments to further their business interests, technologically inclined entrepreneurs brought together Voice Over Internet Protocol (VOIP), photo sharing, instant messaging, ecommerce, multiplayer gaming and so on and created websites that were aimed at bringing people together (Ishak, n.d ). This initiative led to the growth of the social networking revolution. People found out that they could use the internet to connect with other people. It was also possible to rekindle old relationships and stay in touch with long lost relatives or those who were living in other countries. Social networking sites today are the most highly valued internet companies. This is because almost anyone who uses the internet is a member on at least one of these sites. Some may also have memberships in various social networking sites like Orkut, Facebook and MySpace. This widespread adoption of social networking sites has definitely impacted the way human beings socialize. There are hundreds of social networking sites today that connect people across the world. Some target people who have common interests and some do not have any such criteria and are open to all (Ishak, n.d). Online social networks focus on building and reflecting social relationships among people who share interests and/or activities (Ishak, n.d). Social networks enable a person to have a profile where he/she is able to include information about him/her and also include friends. Personal experiences are shared by way of messages, photos, videos and other media. A few of the most popular social networking sites that have millions of members are Facebook, Twitter, MySpace, Orkut etc. Socializing on the internet was not pioneered by these websites. Email and messengers like ICQ have always enabled people to do so nearly a decade ago. But these websites have made it possible to include a large number of people in groups and stay in touch with them effortlessly (Ishak, n.d). The social web and mobile technologies have accelerated the rate at which relationships develop, information is shared and influence takes hold (Benioff, 2012). Social technology is used to shape the events of the world. Websites like Facebook have given a new way to communicate and reach out with the help of groups and friends. Portable devices like tablets and smartphones have applications that help people access their friends regardless of their location. The impact of social media has been seen in peoples movements like the Arab Spring and the Occupy movement. People who are connected to each other with these means have managed to rally crowds and gather an audience that helped them in toppling political regimes (Benioff, 2012). Social networking has made it easier for people to meet other people. Not all people are outgoing enough to take the initiative and meet others. Conventional opportunities to make friends were during social gatherings when people had an opportunity to meet other people. Since some people are introverts they find it difficult to muster enough courage to meet someone and strike up a conversation. Social networking ensures that everybody has a level playing field. Even people who do not have an impressive personality per se can have hundreds of friends on their profile and also interacts with each other on a daily basis. Not all friends on a social networking profile need to be close friends. Some may be brief acquaintances but in due course of time a relationship could be developed (Parrack, 2012). People often spend a very long time on social networking sites. This is because of the sharing of experiences that takes place between people. People on a friends list tend to listen and respond to messages and even dispel any concerns that are voiced by other friends. Since modern lifestyle does not give people enough time to communicate, communication systems need to be extremely fast. Social networks are very fast and it is possible to send a message and get a reply to that within a matter of seconds. There is also a sense of equality despite the locations that people may be in and hence social networking sites have made the world a much smaller place. It is also possible for people with similar interests to interact. By sharing likes, dislikes, interests, hobbies etc, people tend to move closer to each other despite the physical distance between them (Parrack, 2012). Every individual will feel the need to maintain certain weak ties. These could be with people whom one meets during the course of the day. Asking for a phone number may not be possible due to the nature of the relationship. Potential benefits of keeping in touch with certain people might be for arranging play dates or discussing a hobby. These are interactions that do not require a very close relationship. Social networking is a very useful tool for such people. Interaction will be possible during that particular time and also in the future when it is necessary. Bonding with friends and family is different from associating oneself with the weak ties. Social networking sites allow individuals to manage a wider network of weak ties and thus increase bridging social capital (Ellison, Lampe, Steinfield, 2009). When a persons social network is improved it will help them to increase the information that is available to them and also to improve the opportunities that they have. In a study that was conducted among undergraduates it was found that merely using the internet did not increase the social capital. Only intensive use of websites like Facebook led to higher levels of social capital. Before the advent of these sites people used communication strategies like newsletters and gossip to discuss about their past and present acquaintances. Social networking sites have enabled status messages and regular updates that enable people to engage in lightweight social surveillance. It is true that most of the status messages are about seemingly trivial matters. A friend may have got a new dog, an old colleague may have changed his job and knowing about these may not make any change in ones life but it is the awareness of ones social network that provides a continuous link to the acquaintances (Elli son, Lampe, Steinfield, 2009). Social networking sites can assist in coordinating and mobilizing social action (Ellison, Lampe, Steinfield, 2009). There are several organizations that have managed to mobilize the society and influenced it. Political figures, organizations and advocacy groups can find supporters very easily with the help of such websites. For any network to have value it needs support from as many numbers of people as possible. Focused networking sites like for instance MyChurch.com unites Christian churches and the website Care2.com unites environmental activists. There is also a social networking site that unites activists called Change.org. This site has been used in the past to organize protests and boycotts in an efficient manner. This has only been made possible due to the number of members who follow such websites and the messages that are posted regularly (Ellison, Lampe, Steinfield, 2009). Social networking has also had several adverse effects on the society. According to Sherry Turkle, a clinical psychologist, a social network not only changes what an individual does but also changes the person that he/she is. People tend to befriend people on Facebook but tend to keep people in their lives at a distance. Today it is possible for a person to tweet a message to a thousand followers at the same time but the same person fails to pick up a telephone which is a much more efficient mode of communication and talk to someone. According to Turkle, the relationships that are forged in this way offer the illusion of companionship without the demands of friendship (Strachan, 2012). In other words we are only getting used to a way of being alone together (Strachan, 2012). Social networking sites have also had an impact on the communication styles that are adopted by people. Writing has become more concise due to micro blogging sites like Twitter. Several abbreviations like LOL for laughing out loud, BRB for be right back, ROTLR for rolling on the floor laughing are being used. This is not considered to be a very good trend by people because it corrupts the English language. Apart from abbreviations words are also shortened as the necessity may be. Before becomes b4, to becomes 2and so on. The main problem with this is that it is the younger generation that is using this kind of communication before even becoming proficient with the language. Even if it is assumed that this is only a trend that will pass then those who use this kind of language will face problems when they grow up are expected to use formal English language (Sherman, 2010). While it is true that social networking sites enable us to organize our real world relationships it also adversely affects a persons ability to socialize. People nowadays are obsessed about composing a perfect tweet or a good Facebook status update that they forget to enjoy the important events in their lives. For instance in a survey that was conducted about this subject it was revealed that 24% of the respondents missed out on enjoying special moments because they were busy trying to document the occasion for their friends on social networking sites (Laird, 2012). People who are not mature about their real world relationships tend to vent out their relationship woes on social networking sites. This could have a disastrous consequence on their relationship itself (Kaiser, 2012). Americans in particular have become less participant-oriented. They prefer to remain only as audience members. In the past there used to be a propensity to join sports teams, and civic groups. Today people tend to live an isolated life. Such an existence will only lead to lesser empathy and fewer social skills. People are so used to dealing with people online that they cannot bring themselves to talk with their neighbors. It is the real life social networks that are being destroyed by virtual social networks. In the United States, suburban streets have started to look deserted. People no longer gather to communicate or just have a good time. Children are addicted to their computer screens and video games. Neighbors who might be burning up the social media pages inside their homes barely know each other outside (Robinson, 2011). According to a recent study, social networking sites like Facebook and Twitter are supposedly more addictive than cigarettes or alcohol. This addiction is due to the fact that checking updates on these sites is neither expensive nor does it have any adverse effects on ones health. Desires for media may be comparatively harder to resist because of their high availability and also because it feels like it does not cost much to engage in these activities, even though one wants to resist (Epstein, 2012). However there is a psychological explanation to this addiction. Receiving or answering a notification results in a hit of Dopamine which is a chemical neurotransmitter that is associated with reward responses in the human brain. Dopamine is also released while consuming drugs or indulging in sexual activity. This is why social networking can be addictive (Franceschi-Bicchierai, 2012). In an online poll that was conducted among a thousand teenagers, it was revealed that four out of five experienced negative side effects when they were not allowed to access their social networking accounts. Sites like Twitter and Facebook made them have negative feelings like depression, insecurity, panic and dependence (Dungan, 2012). Yet another problem that is seen on social networking site is bullying. The internet seems to give people a sense of anonymity that brings out the mean streak in them. According to a research study by the Pew Research Center, where 800 teenagers were surveyed, it was seen that incidents of mean and cruel behavior transcended all ages and backgrounds on social networks. (Kang, 2011). Bullying in schools and colleges is common but the ease of communication on the internet makes it possible for peers to join forces and gang up on an individual. Of those who had seen such cruelty online 21% joined in the harassment. Out of ten girls aged twelve to thirteen, three admitted to having experienced unkind treatment. Teenagers assumed a different personality online that was markedly different from that of their real personality. Some of them approached their online friends with more bravado than they had in real life conversations. Facebook is a website that requires its members to use real names to prevent anonymous bullying. But it has not stopped bullying altogether. The online peer groups become meaner when the child is of a younger age (Kang, 2011). Social networking encourages people to be more public about their lives. Intimate details of a persons personal life may be available to other people in the form of posts, status updates, photos and videos. These will stay in the public domain even after the accounts are deleted by the user. It is also possible that someone might have downloaded them to their computers. These can then be altered to malign the reputation of a person. For instance a picture of a person doing shots at a party may look absolutely fine to their friends. But when a prospective employer is doing a background check, the very same photo may land the person in trouble (Jung, 2012). This loss of privacy is a very serious issue that can affect people in a society. Social networking is a very influential mode of communication. Social networking sites like Facebook and MySpace make it possible for member to communicate with ease with their friends and family. It has become easier to enter into relationships with such websites. Hand held devices like tablets and smartphones have applications that enable users to log in to the social network from their devices and stay in touch with their friends. However social networking also has its adverse effects on the society. People have started to get addicted to networking sites. This addiction to updating ones status on a networking site has made people incapable to engage in real life interactions with people. People are also developing a different identity online that makes then indulge in bullying. Social networking therefore has profound influences on human society that are both beneficial as well as detrimental.

Medellin, Colombia :: essays research papers

Medellin was founded in 1616 in the scenic Aburrà ¡ valley, but remained small until the coffee boom. Medellin now has a population of almost 3 million people, with an area of 362 kilometers squared, and an average temperature of 85 degrees Fahrenheit. Medellin is widely regarded in Colombia as a clean, well-organized and economically vibrant community. Its people are hard-working and industrious. Major industries include coffee and flower export, information technology and hotel services. It is also the fashion capital of Colombia. Each year the "Feria de Las Flores" (Flower Festival) attracts visitors from all over South America for parades and conventions. The city's fast and efficient metro is the only public transit subway system in Colombia. In culinary delights, Medellin is said to have created Colombia's unique "arepa" - a bread and corn patty stuffed with cheese which I enjoy very much, but both of my parents hate. The Medellin Lady, affectionately called Paisa, is seen by many as the most beautiful of the Colombian Latinas. A famous Colombian saying goes: "If you want a pretty mistress, go to Cali, but if you want a beautiful wife, go to Medellin." Medellin is considered by many outside of South America to be the most dangerous city in the world, Medellin, Colombia is internationally renowned as the home of Colombian icon Pablo Escobar, a drug lord. During the Pablo Escobar time, people were scared to roam the streets in fear for their lives. It was said that Pablo Escobar owned a lot of the government and that because of him the police department was a corrupted one. After Pablo Escobar's capture in 1982, a prison was built specifically for him the man who was known as "the billionaire godfather of international cocaine trafficking." This prison, however, actually looked more like a three- or four-star hotel. In July 1992, Escobar escaped, and was killed in a dramatic rooftop shooting. However, some believe he is still alive. With the death of Pablo Escobar, Medellà ­n is slowly recovering, but is not yet a full-fledged tourist destination. However, there is plenty to do and see in the city itself and the scenic surroundings. There is a lot to Medellin that the international community does not see. Medellin is also home of Fernando Botero, as well as the annual Flower Festival, a huge event that takes place in the city in late July and early August.

Computer Literacy Essay

Introduction: †¢ How many people in this classroom learn to use computer? As I look around, no one in this classroom, don’t use computer in their offices. †¢ We are all students of AIC, and most likely gone to different basic computer course. †¢ Does studying computer affect the way we communicate? And if so, is this a bad thing? Development †¢ As our society, increasingly dependent on computers to take care of our daily needs, it creates a high demand for skilled professionals to maintain as well as take advantage of this technology. o Pose-Pause-Pounce-Praise †¢ Questions 1. Why do we need to study the use of computer? 2. What is the personal cost as â€Å"studying a computer† becomes a necessity? (requirement, obligation, essential) †¢ We have to go in training †¢ Read & Practice †¢ Tutorial 3. When is the last time you use a computer? †¢ 4. What will you do, if you don’t know how to use computer in case of presentation or research? †¢ Library, other resources 5. Amplify †¢ I’m referring to computer literacy. As computer literacy becomes a necessity, we are faced with the facts that we are in a ever-changing society that demands the use of technology †¢ We will keep putting aside the cost of this literacy as long as we only see the positive aspects of a technology-centered future. KEYPOINT 2: IMPORTANCE OF COMPUTER †¢ Questions 1. What is the significance of having a computer in our work? 2. When is the last time that your office procures or upgrades your computer because of increasing demands from your clients? 3. What applications do use in your computer? 4. What will happen if we still use typewriters to share information? 5. Amplify †¢ Information and communication are the two most important strategic issues for the success of every organization. Computers help us to solve this issues.

Writing an Essay in History

History paper got you down? Try a few quick hints to get that A on your assignment: Understand the period your piece is about Knowing when and where your assignment took place is essential, and understanding the culture and politics of that time are important too. Utilize Google and Wikipedia to just get a quick idea of what the big themes, trends, and motivating factors were of that time. It only takes a couple of minutes, but will make you feel a lot more comfortable in your essay writing. Use those primary sources Yeah, every professor tells you to use primary sources, but its really not that hard. Use Google and resources like Project Gutenberg, Wikipedia, government websites, and university websites to find those primary sources. The more you use, the better your paper is, and the more you will impress your professor. Present arguments, not just facts Anyone can look up the dates that a person lived or ruled. Anyone can look up the basics of major battles. What you need to do in your paper is present a distinct argument about something, and present that in a thesis. Do you disagree with an authors argument? What do you think about a controversial issue in history? Do you think there is a better way to interpret the actions of those involved in the events? Do you think that your topic is misrepresented in history? Ask a question with some bite, dont just ask what happened then? Know your authors Are you getting a lot of your info from one source? Are you presenting the argument of a specific author? Take the time and look that author up. What was his background? When did he write? What biases may he have had? Who was his audience? Ask yourself these questions, and think about how that affects that authors view of history. If you think it is significant enough, include it in your paper. For example, you could say, we must keep in mind that AUTHOR was from the USSR, and so may have a biased view of Arab nationalism, but this bias also brings up an interesting historiographic point. Understanding where your sources fit into history will help you write a better history paper. Dont overdo the dates You know how you hate memorizing dates? Well, readers hate reading them over and over again. State important dates once, and then be confident your reader knows when you are talking about. There is nothing more frustrating than reading that someone is a 19th century leader repeatedly when you already said he ruled from 1823-1875.