Gulfstream G650 Program Research Paper Example | Topics and Well Written Essays - 3000 words

Gulfstream G650 Program - Research Paper Example The airline industry is growing rapidly in the globalised business environment.With advancement of technology,modes of transportation have improved significantly.In the global village,transportation and communications occupies a key position in the business front as well as in the personal lives of individuals. Hence, the private jet sector is expanding rapidly. A number of companies are competing steeply with one another in the international market. In this paper, the case of Gulfstream Aerospace Corporation has been presented with reference to the benefits accrued to the company by adopting activity based costing strategies. The research design provides an overview of the pattern of research made in this paper. Research design is the basic framework that is used to collect information and evidence for exploring the research question (Bryman & Bell, 2007). In this research, the deductive approach to research has been adopted, in which the researcher studies theories existing on the benefits of activity based costing and verifies them by testing them in the context of a selected airline company.Secondary data for the study has been collected from existing sources, such as newspapers, magazine articles and company annual reports published in the print media as well as on the internet. It has also been explored in this paper whether the company would benefit by using standard costs and its consequence in international business scenario. This paper also provides an over view on how decision making in the firm is affected by these approach to measure costs. The factors that encourage incorporation of standard cost in the company’s costing structure have been discussed. Implications of standard cost on price variance and quantity variance have been explored. Benefits of expansion, consolidation and downsizing for the firm have been explained in the paper. Finally, it has been discussed how the firm might benefit by implementing the relevant method of costing in its future projects. Company background Gulfstream Aerospace Corporation is one leading airlines service provider in the United States. It is a subsidiary firm of General Dynamics (Gulfstream, 2012). Gulfstream is one segment of the parent company; the four main segments of the company are aerospace, marine systems, combat systems and information systems and technology. Gulfstream designs, develops, manufactures and sells some of the most technologically-advanced jet aircrafts (Gulfstream, 2012). The aircrafts are designed for both commercial and also defense purposes. Besides innovating, designing and manufacturing their own vehicles, the company also has pre-owned aircrafts that it lets out to customers for contract ownership. The company has its headquarters in Virginia, but operates in several countries across the world. Some of the best skills and talents from different countries are possessed by Gulfstream. More than 11,500 people employees work with Gulfstream in 11 locati ons in different countries. The company is a market leader in all the segments in which it operates. Gulfstream has reached this position by following a disciplined approach towards growth. The company has developed its profile very carefully and selected its product and service portfolio in sync with its target markets. It

Magnetic Compass Term Paper Example | Topics and Well Written Essays - 1500 words

Magnetic Compass - Term Paper Example According to Discovery channel (2009) the magnetic compass is said to have originated from China in 221 to 206 BC during the Qin dynasty, at first lodestone which is a natural magnetic was used in the construct a fortune teller board, however it was noticed that the lodestone pointed at one direction, this led to the invention of the first compass that made on a square board, the pointer of the compass was a spoon shaped lodestone and 24 cardinal points were marked on the board. Prior to the discovery of the magnetic compass sea voyage navigation depended on the outer space bodies and the sun, the compass is said to have traveled to the middle east and then to Europe while it was still possible that there was independent discovery of the compass in Europe, it is evident that the compass arrived in Europe in the 12th Century AD. The magnetic compass was improved in 8th century AD it was discovered that by rubbing a needle on lodestone the needle would point in one direction; this led to an improvement in the compass whereby the compass was now made by floating the needle on water to point direction. However the needle would loss its magnetism and therefore sailors carried the lodestone to magnetize the needle in case the needle's magnetism weakened. After the discovery of the needle pointer compass these devices were used as navigation aids in ships, Discovery channel (2009) states tha... According to Lane(1963)the compass invention stimulated trade whereby there was an increase in the number of commercial sea voyages and also the possibility of navigation in all the months of the year. Before the invention of the magnetic compass sailors depended on the sun and other outer space bodies to navigate, this means that it was relatively impossible to locate direction during the winter months and when it was dark, foggy and rainy. However sailors would know directions by observing land marks and therefore traveled near the sight of land. Lane (1963) discuses the economic impact of the magnetic compass invention, one of notable impact of the invention is that Mediterranean sailors traveled in the months of October and April, the compass led to an increase in sea travel months and voyages were possible for the months February to December. This shows that there was an increase in the number of travels in seas and this possibly had an impact on the economy, one of the impact is that there was increased trade across nations, another impact is that there was an increase employment whereby increased traveled meant that employment increased as a result of the increase in the months ships could travel. Lane (1963) points out that the number of trips a ship could make doubled, the magnetic compass reduced risks of travel and also quickened the speed at which ships took to travel from one point to another, as a result trade was enhanced and crew members were more likely to be employed for a longer period of time. The compass was also used in the mining industry, the compass in this industry was used to guide miners through the underground tunnels constructed, and

Economic Assignment Example | Topics and Well Written Essays - 1000 words

Economic - Assignment Example As the name suggests, a highly competitive market is possible in the presence of a large number of buyers. Due to the presence of a large number of players, none of them has a clear control or controlling stake either on the market or on the price (Malcolm C. Sawyer, 1985). However, the competitive market operates on the basis of a number of key influential factors, which will be used to explain the case of the store under analysis. A highly competitive market means that each of the suppliers holds an insignificant share in the market, which means that the firm is small in comparison to the size of the overall market that comprises all the suppliers in the sector. As such, the influence of a single supplier on the market price is negligible and the quantity that each produces depends directly on the level of demand from consumers. The price that the firm sets therefore depends on this demand, due to which a supplier will be known as a ‘price taker’. Another factor that makes the market highly competitive arises from the identical nature and quality of the products manufactured by every supplier, which leaves the customer with very little choice to choose between the individual suppliers and brands. Thus, a high substitution of products is another major factor that contributes to the lack of governance on the price (Pass, Bryan Lowes, 1994). The consumer is well informed on the prevailing prices in the market and the producers cannot modify the price above the market price as the higher price combine with the availability of identical products from other suppliers for cheaper prices will encourage the customer to consider other providers thereby bringing the substitution effect once again into play. Suppliers have equal opportunities in terms of access to resources and labor in addition to technological improvements. Thus, improvement in production capabilities by one firm can have a spillover effect on the other competitors and require them to make similar

Impact of 360 Feedback on Job Performance Essay

Impact of 360 Feedback on Job Performance - Essay Example The paper tells that the 360Â ° feedback approach gathers behavioral observations from many sources within the organization and includes employee self-assessment. The individual completes the same structured evaluation process that superiors, project team members, peers, and, in many cases, external customers use to evaluate performance. Survey questionnaires, augmented by a few open-ended questions, typically are used to gather information. Then, the summary results are compared against organizational strategies, values, and business objectives. The feedback is communicated to the individual with the assistance of the company’s human resources department or an outside consultant. The present research has identified that at present, this technique is used by a growing number of firms including General Electric, AT&T, Mobil Oil, Nabisco, Hewlett-Packard, and Warner-Lambert. Usually, multisource feedback is collected for managers or supervisors, but it could be collected for an y employee, with the raters depending on the employee's role in the organization. Multisource ratings are not always collected from all possible sources. For instance, sometimes only upward ratings are collected (i.e., subordinates are asked to rate their supervisor). Multisource ratings are collected through surveys using the computer, telephone, in-person interviews, or paper-and-pencil questionnaires. The survey may be administered annually or more often.

Incident response policy Essay Example | Topics and Well Written Essays - 500 words

Incident response policy - Essay Example IRT Team Leader:Â  The IRT must have an individual in charge of its activities. The IRT Team Leader will generally be responsible for the activities of the IRT and will coordinate reviews of its actions. This might lead to changes in polices and procedures for dealing with future incidents. IRT Incident Lead: In the event of an incident, one individual responsible for coordinating the response is assigned. The IRT Incident Lead has ownership of the particular incident or set of related security incidents. IRT Incident Lead works as representative to the outside when an incident occurs IRT Associate Members:Â  Besides the core IRT team, you should have a number of specific individuals who handle and respond to particular incidents. Associate members will come from a variety of different departments in Gem Infosys. They should specialize in areas that are affected by security incidents but that are not dealt with directly by the core IRT. The following member can be appointed depending on the incident; Legal Representative: - Apart from accidental virus attack, intruders may also launch attacks. Legal representative comes in to action in such incidents. This member is a lawyer who is very familiar with established incident response policies. The Legal Representative determines how to proceed during an incident with minimal legal liability and maximum ability to prosecute offenders. To be able to recover effectively from an incident, it is needed to determine how seriously the systems have been compromised. This will determine how to further avoid and minimize the risk, how to recover, how quickly and to whom that should communicate the incident. Compare systems to previously conducted file/system integrity checks. This enables you to identify additions, deletions, modifications, and permission and control modifications to the file system and registry. 1. Protect

Construction of a Membership Table Essay Example for Free

Construction of a Membership Table Essay The current system that Project use is a manual system and it has proved inefficient, and very easy to lose. Therefore, I propose a computerised database system. Package V Programming Solution For ease, and speed of use, I propose to use the package option. I choose this because the options for everything the database needs are already there, and rather than waste time trying to find a way to make these options in my own programming solution, I will save much time and effort using the package MS ACCESS 97. Also, my programming skills are next to nothing. The Package: Advantages: * Easier to learn as very little programming is involved * The tools for creating the user interface are already available, built into the program which makes construction of the database far quicker. Disadvantages * Depending on the package, this option could be far more difficult, due to problems such as a lack of flexibility, lack of options etc. The self-programmed solution Advantages: * Program will be specific all options can be created so that it will do exactly what it needs to do. Disadvantages: * Will take longer to program * I cant program Data Requirements The data I will require falls into two different categories: member and supplier. The data required will vary depending on which category it falls into. Member Supplier Name of member (e.g. Joe Bloggs) Date of members birth in format of DD/MM/YY (e.g. 24/07/84) Date of registration of membership in format of DD/MM/YY (e.g. 12/06/01) Members full address Members telephone number Name of supplier (e.g. Flip) Name of product sold (e.g. Tom Penny New Wave) Type of product sold (e.g. Deck) Price of product (e.g. à ¯Ã‚ ¿Ã‚ ½50) The members data will be collected by entering all the information from a membership form. The data will not be entered into the database until all the fields on the form are complete. An example of the membership form will be shown later in this section. The suppliers data will have to be entered from the current lists. It will be difficult to enter this data if the current list has been lost. The current procedure if this happens is to re-make a list of suppliers names from their current stock, and re-make the complete list by contacting the respective suppliers. By going through the stock, most of the data of the items supplied will be found. However, in some cases, contact will be necessary. Validation of Data: Members The data entered may be wrong when being entered. Verification and validation will help to get round this problem. Project operates a system in their skateparks, where anyone under 17 MUST wear a helmet for protection. This is down to insurance reasons. Helmets, however, are not the most fashionable piece of clothing you could ever wear, and many members try to find a way out of getting out of wearing them. Therefore, careful attention must be paid when taking down members details to make sure that the data is checked against any valid form of identification I.D. number: This is automatically created by the database as a key field. This has a default value of 000, but will increase in value for each new member. Name: This can be checked against any forms of identification, e.g. bus passes, library cards, national insurance cards (if applicable) Date of birth: There is an obvious mistake if someone gives a birth date making them out to be 102. However, minor mistakes, such as a year or two out, can be checked against the DOBs on bus passes, national insurance cards etc. The format will also have to be correct, as it is being entered in the format DD/MM/YY. The date field will be set to take only the U.K. format, which is the same as above, whereas the American format is MM/DD/YY. Date of registration: the staff will fill this in as the data is entered. The same validation checks as above will be entered. Members full address: The staff can check this in the same way as the name, age etc. They should ask for any forms of identification which contain all this information. Members telephone number: Validation for this will be rather difficult, as there are very few, if any, forms of identification that give out a telephone number for legal reasons. Therefore, the number should be phoned as soon as possible to verify that the phone number is correct. Suppliers Suppliers are not going to give out false information to a company/shop, not if they want to stay in business. This means that Project will not have to worry about finding out if information is true, but making sure it is entered correctly. I.D. number: This is entered in the same way as the i.d. field for the members database. Name of supplier: As mentioned above, the only problem is making sure that this goes in properly e.g. Shorttys instead of Shortys. Address of supplier: This is an absolute must to be entered correctly. Whereas in the name, if a mistake was made, it would still be easy to tell what the name was. However, in the address, a mistake in the number or street could go unnoticed, therefore delivering orders, mail etc to the wrong address. Phone number of supplier: This, again, must be entered correctly for the reasons listed above. Project could find themselves desperately short of stock if they could not contact the suppliers to place orders. Name of product supplied: Not only does Project have a large list of suppliers, each supplier also has a list of products supplied to Project. This means that there is a lot of data to do with stock needing to be entered correctly. Again, the only way to do this is visually making sure there is no mistake when entering in the data. Item number: Every product has a different item number. This insures the uniqueness of each product, so that the stock system knows exactly what product is sold. Type of product: Project doesnt just sell skateboards. They sell shoes, clothes, accessories, hardware, safety gear and more. Rather than have to check in the storeroom what a product is, the database can simply tell them. This must have the type entered correctly. The only chance of a typo occurring in this is if I make a mistake during the implementation. The data in this field is selected from a drop-down list. Price of product: If the price is wrong, customers will be over/under charged. This will not be good for Project. If they undercharge, they lose money. If they overcharge, they lose customers. Therefore it is greatly important that the price is entered correctly.

Qualities of a Good Parent

Qualities of a Good Parent What does it take to be a good parent? Being a parent is one of the most fulfilling experiences a person can have. There is a natural instinct that seems to come to a new parent, but there are bits of advice that can help when you are challenged in the growing up years. The most important thing however, that any parent can give their child, is a sense of being loved. A gentle cuddle, a little encouragement, appreciation, approval or even a smile can go a long way to boost the confidence and well-being of your children. Respect their privacy as you would want them to respect yours; for example, if you teach your child that your room is out of boundaries to them, respect the same with their room. Allow them to feel that once they enter their room they can know that no one will look through their drawers, or read their diary. Dont argue with your spouse in front of the children. If they are sleeping, argue quietly. Modern divorce rates have children feeling insecure and fearful when they hear parents bickering. In addition, children will learn to argue with each other the same way they hear their parents argue with each other. Show them that when people disagree, they can discuss their differences peacefully Give up your vices: gambling, alcohol and drugs can jeopardize your childs financial security. Smoking almost always introduces health hazards to your childs environment. Second-hand smoke has been linked to several respiratory ailments in children. It could also contribute to the early death of a parent. Alcohol and drugs might also introduce health hazards or violence to your childs environment. With a little patience and self-motivation you can be a great parent. Another quality making a good parent is being able to provide for the family with safety. This encompasses physical safety of the shelter, the financial safety of being able to meet the family’s financial needs and other forms of psychological safety. Most families in the global sense demand high degree of security and safety due to the uncertainties in the world. Financial security to prepare the family members for their future especially for the kids education is a crucial role that is a compliment for every parent. Another quality of a good parent is being able to listen to the voice of the family members and reacting effectively to their demands. Considering that nobody is perfect, when parents makes mistakes, they need to accept and correct their mistakes on good time and in good faith for the better of the family and society at large. Through this, a parent will be able to be a role model to the family. Though each social cultural setting has what the qualities of a good parent, a parent needs to realize that there is no parent who can be exclusively perfect. This therefore calls for parents to change some approaches while providing the best for the family. In every society, this list is endless; however, love, security and safety are among the best amenities that a good parent must provide for the family. By provision of these needs to the family members, a parent will be respected by the family members and the society while the parent will be able to control the whole family. The 9/11 Attacks:  My Splendor I awoke the morning of September 11th like any other day. Comfortably lying in my bed, warm and snug. I was dreaming and at total peace, oblivious to the world around me. Suddenly, I sprang up to the blaring sound of my pulsating alarm clock. The sun was up and shining into my bed room window. I got up, looked around, and observed the horizon with a disgruntled look on my face; admiring its beauty. I did not know it that chilly morning, when I turned my Tv to watch my favorite show Despierta America (Wake Up America) in English. And an a second all my splendor went down, it changed my perception about fear, my awareness about the national issues, and my view on the preciousness of life. The first, resolution the President George W. Bush made; was to respond to the attacks by sending troops to Irak and Afghanistan. A war was the decision that the President took as a defense to our nation. Was a fatal decision after we were suffering the loss of many innocent friends and families. And another hand a war it is always an extreme cost to the taxpayers. Are billions and billions of dollars which people is always going to opposed to this horrible decision. The second, effect of 9/11 attacks the government added new laws. All airports security around the nation are tighter then before. As well as governments buildings and colleges, also immigration laws had changed more then it was. A lot of us feel uncomfortable to travel because, they have to check from your luggage till your whole body and that is very uncomfortable. And sometimes I asked myself: Are we secure enough? The last of this fatal event leads to a down economy, that affects every one of us. Since those horrible attacks of 9/11, United States of America lost a lot of money and is an extreme debt. After that the prices of everything went higher, many people lost their jobs as a result of the economy, because of this many businesses are closing out and what is worst is the people who are losing their houses. In conclusion, the impact of 9/11 changed the United States of America in number of ways. Despite the horrific act of the 9/11 attacks, overall the United States has proven to be quite resilient as it has in the past in the wake of crises. Will the attacks happen again? if so where? Do you feel more secure? Is the nation safer today then September 11, 2011? 4. Qualities of a Good Parent Parenting can be joyous, but it can be challenging also. Many have the privilege of being parents and some Godparents. That is my situation. I cannot have children of my own but I have a Goddaughter, and if she had anything to say about me, she would say that I am a good Godparent. First, she would say â€Å"ma† (that is what Jasmine calls me) is a very good Godmother. She steps in just like a mother. I can remember one time we were having a very interesting conversation on boys and ma said, that you have to be careful with boys these days Jasmine, they out for one thing only child, and that’s sex! I gave her situations about my own life that she could relate to, now that she is in high school, she tells me, that she remembers the conversation on boys and that keeps her from having pre-marital sex. Second, she would tell people about my nieces and nephews, which I spend time with every chance I get. I also let them know in order to be something in life you have to make sacrifices. Never allow anyone to say you cannot accomplish things. Spending time with them is like a having children of my own. I discipline them also. You cannot be a good parent without some form of discipline. The bible say, â€Å"You spare the rod, you will spoil the child†. I believe that saying, not that you beat your children, but give some form of punishment; like timeout, taking their games, chores, and no TV. In order to show them that what they did was wrong. Some people however, do use physical punishment. Sometimes I wonder, is that good for the parent to give them whooping’s. My parent has only whooped us when we did very bad things, and all of us grew up to be good children. Third, Jasmine would tell others that I have a sense of humor underneath all that toughness. I love joking around with them and going on what we call adventure’s with â€Å"ma†. You never know where you will end up at on one of these trips, but you had better believe you would learn something from them. I remember taking them to the west side of Montgomery one time and they were so scared. This was to teach them to appreciate where you leave and what happens when you settle for less in life. Fourth, she would say that I am a good support person. She is at every game screaming out our name or giving shout out on Facebook to her Goddaughter, nieces, and nephews. She is there when we have fundraisers, needs a chaperone for a field trip, and however she can help, ma is there. You can say I have what it takes to be a good parent just ask my Goddaughter, nieces, or nephews. They all would agree. Just because you do not have children of your own you can no whether or not you will be a good parent. Parenting is something that you love being, and I love being a God mom and auntie, it is just like being a parent. Word Count: 543 Being Good Parents Being a good parent starts with having both a mother and a father; it takes two parents to have a child, so it takes two parents to raise a child. Being a good parent is to always love your kids unconditionally. Understanding your child is very helpful in being a good parent as well. Two parent households that have total involvement in a childs life, is the key to becoming a good parent. The start of good parenting begins with having both mother and father in the household. Raising a child is hard work, it’s even harder if you don’t have consistent help. Moms and dad raising children together make this job a little easier. There is always someone with the child, who is familiar with the child and has a familial bond with the child as well. A child having both parents in the household give the child structure and stability. Kids function well when they have a consistent place to stay, have one set of rules and understand that their parents love and support them. Part of being a good parent is to love your kids unconditionally. To love someone unconditionally is to love them regardless of what they do. Most kids do and say things that can break a parents heart. Whether it be lying, stealing or misbehaving in school, children can (and will) do many things to make parents not like them at the moment. Good parenting involves letting a child know that they are displeased with their actions, but still showing them love throughout the disciplinary process. Having both parents, disciplining, while showing their kids compassion is an essential part of being a good parent. Understanding your child can be a great help to good parenting. Knowing your child’s strengths and weaknesses will make parenting easier, through setting realistic goals for your children. If you as a parent have a quick temper and you see that your child displays the same characteristics, you can explain and teach them self control. If you know your child doesn’t like to be around crowds, then you can better help them by not going to the circus. Understanding who they are, a parent can put their children in better situations, so they can flourish into great adults. Oftentimes, parents who focus on a child’s strengths and helps them where they are weak, produce children parents are proud of. Being a good parent isn’t something that just happens. It takes work and dedication, trial and error. Good parents make mistakes and fall short of the mark as well. Good parents understand they need both parents there to effectively love and understand their children. Being totally involved in your child’s life is the sign of good parenting and good parent. What it takes to be a good parent? Someone once told me that it takes a village to raise a child. After having four of my own children I have found this statement to be very true. Raising a child is without a doubt one of the most difficult jobs that a person can be responsible for. While there are many components that make up a good parent I believe love, patience, and stability are the most important. Love is a symbol of a bond between a parent and child that forms when the baby is an embryo. It is an emotion that shows true affection for one another. Children are very alert in their young ages and can pick up on signals well. A child can sense when they are loved and also when they are being neglected. Love could possibly determine the path children will take. A child who is praised and comforted can cause them to excel in school because of the support system they have at home. On the other hand, a neglected child’s results may have the opposite affect. It may be harder for them to excel in school if they do not have the positive reinforcement at home. Behavior, too, may have the same effects on a loved versus neglected child. It is important to maintain equality between children no matter the age because kids can pick up on this easier than a parent. Patience is another hey factor in being a good parent. It is not always pleasant when dealing with children, especially through the toddler stage. As a mother of four I have learned that my children respond better when I am calm and relaxed rather than mad and aggressive. Parents, too, must understand that they are the one’s shaping their child’s life. Children imitate what they see other’s do and if patience is not practiced in the household, there is a good possibility that the child will not be patient. I try to talk to my kids’ everyday to build a good relationship. Helping with homework, asking how there day was, and what they learned builds our parent-child relationship. The environment that surrounds children plays a major part in a child’s life. I feel that stability in the home can make or break you. There are several cases where kids do overcome obstacles in the home and become very successful in the future but for the most part stability makes it easier. Stability to me is not necessarily having both parents present or possession of a lot of money. A single mother or father who adequately provides the necessities for their family is considered stable in my opinion. Again, raising a child is one of the most difficult jobs a parent is responsible for. Its like an investment, it requires many deposits before you can see a profit. Having love, patience, and stability can help make a better parent as well as a better child.