Tony Fernandes and Airasia Essay Example For Students

Tony Fernandes and Airasia Essay Early years Born in Kuala Lumpur to a Goan father and Malacca Portuguese mother, Dato Sri Tony Fernandes is the child of the late Stephen Edward Fernandes, and Ena Dorothy Fernandez. At the point when he was youthful, he used to follow his mom, a representative, to Tupperware seller gatherings and shows. He was taught at Epsom College 1977-83 and afterward moved on from the London School of Economics in 1987. He worked quickly with Virgin Atlantic as a reviewer, along these lines turning into the money related controller for Richard Bransons Virgin Records in London from 1987 to 1989. 1] Tony was conceded as Associate Member of the Association of Chartered Certified Accountants (ACCA) in 1991 and became Fellow Member in 1996. Upon his arrival to Malaysia, he turned into the most youthful consistently overseeing chief of Warner Music (Malaysia) Sdn Bhd. Despite the fact that a bookkeeper, Fernandes is a beginner guitarist and furthermore has accomplished evaluation 8 piano which is th e place his melodic tendency untruths. He was liable for upsetting ethnic music, nasyid and dangdut, carrying them into the standard of contemporary Malaysian music. He along these lines turned into the South East Asian territorial VP for Warner Music Group from 1992-2001. We will compose a custom exposition on Tony Fernandes and Airasia explicitly for you for just $16.38 $13.9/page Request now At the point when Time Warner Inc declared its merger with America Online Inc. , Fernandes left to seek after his fantasy about beginning a spending plan nitty gritty aircraft. Nonetheless, his application for a permit from the Malaysian government was dismissed. Propelling AirAsia It was through Datuk Pahamin A. Rejab, the previous secretary-general of the Malaysian Domestic Trade and Consumer Affairs Ministry that Fernandes got the chance to get together with the then Prime Minister, Tun Dr. Mahathir Mohamad in October 2001. AirAsia, the intensely obliged auxiliary of the Malaysian government-possessed combination, DRB-Hicom, was losing cash expediently. Rather than beginning without any preparation, Mahathir exhorted Fernandes to purchase a current carrier. Fernandes sold his home and sank his investment funds to obtain the organization, involving two maturing Boeing 737-300 planes (9M-AAA and 9M-AAB) and USD$11 million (RM40 million) worth of obligations, for 26 US pennies (one ringgit), and changed it into an industry player. Coming soon after the 11 September 2001, without a doubt the most exceedingly terrible day throughout the entire existence of business aeronautics when no one needed to fly, everybody felt that Fernandes had gone insane, anticipating that the organization would bomb iserably. However, only one year after his takeover, AirAsia had earned back the original investment and cleared every one of its obligations. Its first sale of stock (IPO) in November 2004 was oversubscribed by 130 percent. Fernandes says his planning was in reality great: Since 11 September 2001, airplane renting costs were down 40%. Additionall y, carrier lay-offs mean experienced staff were promptly accessible. He trusted Malaysian explorers would grasp a cut-rate air administration that will set aside them time and cash, particularly in a tight economy. That was the reason he replicated one of the universes best no nonsense bearers, Ryanair out of Ireland (which thusly is designed according to Southwest Airlines in the United States). Fernandes ponders 50 percent of the voyagers on Asia’s spending aircrafts are first-time flyers. Before AirAsia, he gauges that lone six percent of Malaysians had ever gone in a plane. Different endeavors In 2007, Tony Fernandes has again made a first in Asia by beginning an inn network, Tune Hotels which depends on the straightforward idea. The primary Tune Hotel was opened at the convergence of Jalan Sultan Ismail and Jalan Tuanku Abdul Rahman in the core of Kuala Lumpur. Extensions are in progress as more inns will be opened up all through Malaysia. Another new Tune Hotel will be opening soon in Bali, Indonesia. Starting at 2009, Fernandes is likewise the leader of the ABL (Asian Basketball League). Fernandes has expressed that it has consistently been a fantasy of his to have the option to be associated with the improvement of sports in the ASEAN area. Lotus F1 Fernandes is the group head of the new Lotus F1 Racing, which has been allowed section into the 2010 Formula One season. .ubb6b67395492e39d5013e44326323a43 , .ubb6b67395492e39d5013e44326323a43 .postImageUrl , .ubb6b67395492e39d5013e44326323a43 .focused content zone { min-stature: 80px; position: relative; } .ubb6b67395492e39d5013e44326323a43 , .ubb6b67395492e39d5013e44326323a43:hover , .ubb6b67395492e39d5013e44326323a43:visited , .ubb6b67395492e39d5013e44326323a43:active { border:0!important; } .ubb6b67395492e39d5013e44326323a43 .clearfix:after { content: ; show: table; clear: both; } .ubb6b67395492e39d5013e44326323a43 { show: square; progress: foundation shading 250ms; webkit-change: foundation shading 250ms; width: 100%; haziness: 1; change: obscurity 250ms; webkit-change: darkness 250ms; foundation shading: #95A5A6; } .ubb6b67395492e39d5013e44326323a43:active , .ubb6b67395492e39d5013e44326323a43:hover { mistiness: 1; change: murkiness 250ms; webkit-change: obscurity 250ms; foundation shading: #2C3E50; } .ubb6b67395492e39d5013e44326323a43 .focused content territory { width: 100%; position: relative; } .ubb6b67395492e39d5013e44326323a43 .ctaText { outskirt base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; text-enhancement: underline; } .ubb6b67395492e39d5013e44326323a43 .postTitle { shading: #FFFFFF; text dimension: 16px; textual style weight: 600; edge: 0; cushioning: 0; width: 100%; } .ubb6b67395492e39d5013e44326323a43 .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; fringe: none; fringe span: 3px; box-shadow: none; text dimension: 14px; text style weight: striking; line-tallness: 26px; moz-fringe sweep: 3px; text-adjust: focus; text-design: none; text-shadow: none; width: 80px; min-tallness: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: total; right: 0; top: 0; } .ubb6b67395492e39d5013e44326323a43:hover .ctaButton { foundation shading: #34495E!important; } .ubb6b67395492e39d5013e44326 323a43 .focused content { show: table; tallness: 80px; cushioning left: 18px; top: 0; } .ubb6b67395492e39d5013e44326323a43-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .ubb6b67395492e39d5013e44326323a43:after { content: ; show: square; clear: both; } READ: I have a fantasy EssayHaving at first intended to remain down from the job after the season starts, he has since demonstrated that he will carry on in this position. On 16 December 2009, Fernandes acknowledged a demand from Richard Branson, a kindred aircraft chief and the proprietor of Lotus individual F1 newcomers Virgin Racing, where the losing groups supervisor should take a shot at the champs carrier for a day dressed as an attendant kidding The hotter the better. Our travelers will be enchanted to be served by a Knight of the Realm, however knowing Richard, the genuine test will be to keep him from asking our visitors espresso, tea or e? That would be unnerving. On this, the group likewise created a banner delineating Branson in an Air Asia uniform. West Ham United Fernandes is an aficionado of English Premier League club West Ham United and has been associated with talks concerning a takeover of the club. Accomplishments and grants Fernandes greatest accomplishment has been to transform the AirAsia aircraft into a global bearer. Before the making of AirAsia, nations in the locale didn't have open-skies understandings. In mid-2003, Fernandes campaigning pushed Dr Mahathir to raise the thought with the pioneers of neighboring Thailand, Indonesia, and Singapore. Subsequently, those countries have allowed landing rights to AirAsia and other markdown bearers. Fernandes has in fact gotten under way the coming of spending bearers in the district. Presently, Southeast Asia has various low-value transporters, for example, * Malaysias Firefly (possessed by Malaysia Airlines) * Singapore’s Tiger Airways (claimed by Singapore Airlines); * Singapore’s Valuair and Jetstar Asia (incompletely possessed by Qantas Airways) (the two carriers converged in 2005); * Thailands Nok Air; Indonesias Lion Air; * Vietnams Jetstar Pacific (in the past Pacific Airlines), and * Philippiness Cebu Pacific. In 2004, AirAsia framed fruitful joint endeavors in Thailand and Indonesia where AirAsia holds 49% stake in the two organizations. Thai AirAsia, a joint endeavor with Shin Corporation, Thailand’s biggest me dia transmission combination, took to the skies in Feb 2004 and needs to date extended 1 million visitors in its first year of tasks. PT AWAIR, re-propelled as a low toll aircraft on Dec eighth 2004 and along these lines re-named Indonesia AirAsia, by and by serves 5 household goals in Indonesia. Fernandes has gotten a few honors for his remarkable accomplishments: * International Herald Tribune Award for the Visionaries Leadership Series, for his exceptional work in AirAsia; * Malaysian CEO of the Year 2003 in December 2003 †a profoundly acclaimed acknowledgment, so far granted to just nine different beneficiaries in the nation, by American Express and Business Times. The honor was an activity to perceive enterprising and administrative mastery and execution among pioneers of Malaysian organizations. * Named the joint victor of the CEO of the Year 2003 honor by American Express Corporate Services and Business Times . Rising Entrepreneur of the Year in the Ernst ; Young Entrepreneur Of The Year Awards in 2003; * Made the rundown of Business Weeks 25 Stars of Asia in 2005. * Malaysian Ernst Young Entrepreneur of the Year 2006 * Excellence In Leadership Asia Pacific Leadership Awards 2009 Fernandes has additionally been respected by the Malaysian government with title Dato Seri and furthermore by the legislature of France with the Legion dHonneur title. Riches In 2007, Forbes Asia esteemed Fernandes per

Forensic Handwriting Analysis Essay Example | Topics and Well Written Essays - 500 words

Legal Handwriting Analysis - Essay Example The field of logical penmanship examination decides the genuineness of a mark or report. Then again, Graphology is the investigation of penmanship examination that evaluates the essayist's attributes and character expressing that any two authors are profoundly improbable to have comparable penmanship qualities as style, (full scale highlight) and opening in characters, (smaller scale highlights), perfection, size, inclination, bend and rakishness and so forth. Addressed Document Examination or QDE which has been a calling since in any event 1870, is identified with any addressed archive in any signature, penmanship, typing, PC wrongdoing location, recorded dating, misrepresentation examination or different imprints whose source or character is in debate or far fetched. The most addressed archives are wills, travel papers, self destruction notes, lottery tickets, sorted out wrongdoing, office wrongdoing, workmanship and sex wrongdoing and so forth in this way, to check their validness certain techniques for measurable investigation have been created. The strategy for indented composing or second page composing is the impression caught from the composing instrument on pieces of paper underneath the one that contains the first composition and is valuable in recognizing significant examination techniques when clinical records are associated with containing modifications.

How To ask for a Teacher Recommendation for College TKG

How To ask for a Teacher Recommendation for College While all of the components of your college application are important, one particularly crucial element that requires notice, effort, and thought are your teacher recommendations. Teacher recommendations are an integral part of your application because it’s an outside perspective. Your teachers and counselors are offering a discussion of your character based on their observations and experiences, and that should not be overlooked. It’s important to give this aspect some significant thought, and just FYI: don’t just assume you should ask your English teacher because you’ve gotten straight 100s on all of your quizzes and papers. Think again, and read on.There are 5 steps to securing and completing your teacher recommendations for your applications:Identify your teacherThis is the most important step. It’s crucial to think about how you perform in a class as well as your experience and personality in the class. While you might be a solid B+/A- student on average, that doesn’ t mean you can ask any of your teachers. In fact, we recommend asking a teacher who has a story to tell about you, academically. We might recommend that you ask your Physics teacher if you struggled to achieve a B your first semester and now are earning a solid A in the class your second semester because you took the time to meet with your teacher outside of class, review your tests, and put in a significant amount of time and effort to improve your grade. That story of commitment and self-discipline will speak more to your character than a vanilla rave review from your history teacher, a class in which you’ve historically succeeded without much of a concerted effort and a teacher with whom you do not have as close of a personal connection.Be ahead of the curveStart thinking about this yesterday. It’s important to begin nailing down details that you can determine as early as possible. There are certain components of your application that you cannot control the timing of, for exa mple, your ACT/SAT. But this, you can control and check off of your list early and before everyone else starts thinking about it. Teachers will be bombarded with recommendation requests come summer and fall, so seize the season of spring and get going on asking your teachers now.Meet with them and ask them to PLEASE write your recommendation letterWhen you ask your teacher for a recommendation letter, schedule a meeting to talk to them. This is not a small favor to ask and it shows that you are taking their time into consideration by not asking them in passing. Ask them for a good time for you to come by the classroom and then come back (they might say they have time to chat right then, which is fine). Let them know why you think they’d be a great recommender and ask them if they think they would consider writing you a recommendation for college. More often than not, they’ll be enthusiastic and be happy to help.Set deadlines and follow upLet your teachers know when you need the recommendations by, and provide them with information about how to access the applications. Deadlines will vary, but if you are asking for your recommendations ahead of time it’s best to set a deadline and let your teachers know that once all of your applications are online they will be receiving an email. Alternatively, you could ask them to print out the recommendations and provide them with envelopes for them to use and seal so that you can send them to your colleges.Write a handwritten thank you notePerhaps the most powerful part of this process is the last step: communicating gratefulness. Saying thank you to your teachers who provided you with a recommendation is crucial, and we recommend that all of our students write their teachers a handwritten note expressing their gratitude. Taking the time to write a note and give it to your teacher shows thought and effort, and will not be overlooked.This step can be intimidating and the process of finding the right teacher can be cha llenging. If you have any questions at all, please feel free to reach out to us and we can help you get a game plan together.

Affordable Care Act Research Paper - 1034 Words

Candace Jones Professor Dame HPHM-4311 11 September 2017 The road to the Affordable Care Act has been difficult and extensive based on past health reform attempts by previous administrations. You can date back to the Truman administration after World War II, this was an initial attempt to increase healthcare accessibility. President Truman proposed universal health insurance, but Congress didn’t pass the Bill. President Eisenhower didn’t make efforts for universal health insurance like his predecessor, but his administration made slight health reform proposals such as funding healthcare for military dependents and health insurance benefits for social security dependents. The Kennedy Administrations laid the framework for Medicare by†¦show more content†¦During this time, Senator Kennedy made the first attempt since the Kennedy Administration to make efforts towards a major health reform. President Nixon’s National Health Insurance Act was in competition in Congress with Senator Kennedy’s Health Sec urity Act. The Health Security Act would be like â€Å"Medicare for All† financed by a federal single-payer. This program would end the need for premiums and private health insurance. The Health Security act didn’t make it far in Congress, but it was good to resurface the topic of universal health insurance since the Truman Administration. (Markel, 2015) The Watergate Scandal of the 1970’s consumed most of the Ford Administrations efforts, so little was done under the administration towards health reform. Luckily, the Carter Administration brought back the idea of universal healthcare and the American Medical Association slightly began to support the idea for the first time. Due to the United States being in a recession at the time, Congress didn’t give President Carter’s plan much attention. The economic issues the United States faced caused the Reagan administration to not make any progress towards a major health reform as well. President Regan actually went in the opposite direction and cut a lot of government funding on healthcare; those cuts mainly affected physician and hospital reimbursements. However, the Regan Administration passed the Medicare Catastrophic Act through Congress, which expanded Medicare benefitsShow MoreRelatedAffordable Care Act Research Paper1123 Words   |  5 Pageslegislation o f the Affordable Care Act and how it would impact the citizens of the United States, not a lot of thought is given to the medical state of the inmates incarcerated in North America. According to the eighth amendment, cruel and unusual punishment should not be inflicted upon inmates (U.S. Const. amend.VIII). Not issuing the proper medication to a pain stricken cancer patient or prenatal vitamins to an expectant mother can be looked at as cruel and unusual punishment. This paper aims to determineRead MoreAffordable Care Act Research Paper1074 Words   |  5 Pagesbe obtained through government programs. As of 2010, with the introduction of the Patient Protection and Affordable Care Act, many more citizens were able to receive health insurance (Rosenbaum, 2011). Furthermore, this began the healthcare reform as it is today. The Patient Protection and Affordable Care Act, otherwise known as the Affordable Care Act or ACA, enables citizens to have affordable health insurance coverage through several legislative provisions (Rosenbaum, 2011). It is through theseRead MoreAffordable Care Act Research Paper934 Words   |  4 PagesThe Affordable Care Act (ACA) is a very controversial topic that I never quite understood until I got to read the supplemental chapter untitled â€Å"The Affordable Care Act: A Brief History, Assessment, and Future Challenges.† Throughout this paper, I will be answering five questions about the ACA. The first question has to do with listing and explaining three demographics that contributed to disparities in health insurance coverage prior to the ACA. There were many demographics that contributed to disparitiesRead MoreThe Affordable Care Act Of Obamacare1286 Words   |  6 Pages On March 23, 2010, the Affordable care act also known as â€Å"obamacare† was signed into law by president Barrack Obama. Only gay marriage legislations and gun laws have elicited more public response than the affordable care act. Both opponents and proponents have presented constructive arguments of the perceived failures and strengths of the act. Owing to the intense debate surrounding the act, very few people understand that the act only came into full implementation in 2014. The raving reviewsRead MoreObamacare : The Patient Protection And Affordable Care Act1376 Words   |  6 Pagesquestion I am going to try to answer with my research paper; what is Obamacare, and what does it do? First off, Obamacare isn’t really the name of the law that was passed in Congress. It is officially titled the Patient Protection and Affordable Care Act. The Act was signed into law on March 23, 2010(About). So what does the Affordable Care Act, which I will also refer to as the ACA, really do? There are several main components of the Affordable Care Act, as can be seen in this diagram. The biggestRead MoreTopics For Health Care Essay849 Words   |  4 PagesHealthcare Topic Research For this assignment, we were required to choose a topic that addresses the issues relevant to our discipline (i.e. public health, health care administration, or health informatics). I elected to focus my paper on the Affordable Care Act (ACA) and whether the implementation of this bill has helped combat the rising price of pharmaceutical drugs. This paper will also investigate the history of the ACA, the result that this law has made within the health care industry, as wellRead MoreA Comprehensive Overview Of The Affordable Care Act1713 Words   |  7 Pagesdebates, the Affordable Care Act s main purpose is to provide access to affordable and comprehensive health coverage to millions uninsured Americans who do not have coverage or adequate coverage, those who would be denied coverage under the previous insurance practice either base on pre-existing condition, gender or age, while controlling the cost of health care. (New York Time, October 26, 2014) The purpose of this paper is to provide a comprehensive overview of the Affordable Care Act, examine theRead MoreThe Affordable Care Act And Provides A Nice Knowledge Information And Summary1350 Words   |  6 PagesIntroduction This paper establishes a keen research on the Affordable Care Act and seeks to provide a nice knowledge information and summary. There is a wide base of research on the act and also of the nine titles of the act. The reader is also able to understand how the Act relates to health professionals in America. A description of Affordable Care Act The US healthcare team of professionals keeps on looking for ways of improving health services offered to citizens. In 1965, the Medicaid andRead MoreThe Affordable Care Act And How It Affects My Personal Nursing Practice1236 Words   |  5 Pagesallotted. By initiating the Affordable Care Act, the government is attempting to realign the balance between the insurance companies and Medicare, and to provide millions of uninsured Americans the opportunity to have medical insurance (King, 2011). The purpose of this paper is to discuss the Affordable Care Act, and how it affects my personal nursing practice. 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How Far Should Schools Teach Sex Education - 978 Words

How Far Should Schools Teach Sex Education The condoms display in the Hidden Heroes: the Genius of Everyday Things exhibit is a showcase that would cause an individual to wonder about adolescents’ overall knowledge of human sexuality. In today’s society, children are susceptible to learning about such a delicate topic not only from their families and peers, but through the media as well. These sources often provide misrepresentations of the information due to ignorance and biased views. Therefore, in order to inform individuals more accurately, sex education programs have been created with the intention to be implemented into schools across the country. This has led up to being one of the most controversial issues hovering over educational institutions, where the inclusion of such programs has been hotly debated. However, recently, the dispute is not so much about whether sex education should be taught in schools, but rather what content should be taught and what approach should be taken. Before moving on, one must know that sex education is about, but not limited to the discussion of sexual intercourse. As a Buzzle article states, it involves a multitude of topics that introduce human sexual behaviors such as puberty, sexual health, sexual reproduction, sexuality, and more (Iyer). If formally received in school, these topics are brought up and discussed at age-appropriate times over the course of children’s junior high and high school education. Moreover, as I haveShow MoreRelatedEssay on Sex Education in Schools1677 Words   |  7 Pagesthem for the future. Children learn from parents, schools, life experiences, what they watch and other influences around them, and it can be either positive learning or negative learning. There is one subject that is difficult to teach and have control over because of misunderstandings, lack of teaching, and publicity. Sex education has been a major debate for children under eighteen, because there are some parents that want it taught in schools and others that do not because of different reasonsRead MoreThe Reality Of Abstinence Versus Sex Education1224 Words   |  5 Pages2017 The Reality of Abstinence Versus Sex Education Do you ever stop to wonder what goes through a teen’s mind? Maybe it s the late paper that wasn t turned in for English or the worry of coming home after school to family members being high as a kite, maybe it s the plans for their significant other later on or the so called special night they have planned together. Whether it be one of the topics mentioned or some far off random thought either way sex will be on a teen’s mind at some pointRead MoreSexual Education And Its Effects On America Essay1610 Words   |  7 PagesSexual education seems to have always been a controversial topic in America. A large part of that is due to most of America holding dear to it’s heart strongly conservative views while also seemingly contradicting that by blatantly adding gratuitous sex scenes to the most basic of TV shows and by slapping obscene titles on the front covers of magazines that sit at checkout at the grocery store. So if sex is everywhere, why isn’t anyone talking about it? In particular why is nobody educating teensRead MoreSex Ed in Middle School1723 Words   |  7 PagesSex Education Should be Taught in Middle School Starting sex education at a younger age is a sensitive issue. 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According to The Cosmopolitan, communication allows partners to check what they are comfortable with doing, how satisfiedRead MoreSex Education And Comprehensive Sexual Education1609 Words   |  7 PagesLet s talk about sex. Stances on comprehensive sexual education vary, whether it be from religious beliefs or past experiences, different views are held throughout. It is in the interests of society in general... for every secondary school pupil to be in receipt of sexual education† (Cumper 16). The phrase ‘it’s better to be safe than sorry’ applies heavily on the topic of sex education, the idea of a pregnant and STD ridden 15 year old tends to frighten a million times more than the thought ofRead MoreSex Education : A Part Of American Culture1566 Words   |  7 Pagesdecades, sex education in US public schools has been a debatable issue for a minority of people (Shindel Parish, 2013). Healthcare workers insist that with a rise in sexually transmitted infections and unwanted pregnancies among teenagers, sex education is desperately needed in school . On the other hand, there are some parents and other citizens who strongly believe that sex education is something that parents should be teaching to their children. These individuals feel that sex education coursesRead MoreThe Importance of Sex Education1217 Words   |  5 PagesWith sex being a sensitive subject for parents to discuss with their children, they believe it is not appropriate to discuss these types of delicate subjects at any age. It is not because they don’t want to inform them, but because they want to protect them. Even though they don’t know that be keeping it from them, their children are far from safety every day. However, with today’s high birth rates at early ages, the question is no longer â€Å"should sex education be taught?† but â€Å"how sex education shouldRead MoreA Research Study On Health1139 Words   |  5 Pagesschooled aged children being taught sex education. Teaching sex education is essential because it teaches students the importance human sexuality, reproductive health, sexual activity and common diseases that an individual may encountered through sexual activity. Students need to able to identify and understand what it means to through puberty. Understanding their body while going to the stages of puberty is extremely vital. Most importantly, the goals of sex education is to inform students the importanceRead MoreWhat Does The Right Or Wrong?903 Words   |  4 Pagescharacter/values in school would be helpful in the crusade to lower crime rates. While others (Thomas Lasley) believe that character/values are important. They are not able to be taught, Lasley believes character/values are ‘caught’, saying its far more likely for adolescents to learn values outside of the classroom, and more so in their everyday environment. Author of, Not Just Read and Write but Wright and Wrong, Townsend, suggests that character/values should be taught in the school system. Townsend

British Mistakes During the Revolutionary War Essay example

British Mistakes during the Revolutionary War December 17, 2012 Topic: Was American success in achieving independence due more to General Washington’s strategic skill or to British blunders? While there are numerous contributing factors to America’s success in achieving independence, the most critical factor can be attributed to the series of British mistakes throughout the conflict. Prior to the onset of the Revolutionary War, the British government faced serious challenges, both politically and fiscally. The conclusion of the French and Indian War coupled with the fighting in Europe, India and the West Indies, left Britain with considerable debt and with few to little allies. The British government saw America as a way†¦show more content†¦Both play a critical and equally important role in any campaign and during the American Revolution both proved to be a detriment to the British forces. From early on the British were confronted with serious challenges with providing provisions for troops operating in America. During the war, British provisioning strategy relied heavily on sustainment support to come from the homeland. The 3000-mile trip proved to a tactical hindrance in feeding the troops as well as resupplying with ammunition, blankets, shoes and armament. Often taking several months to arrive, the supplies arrived spoiled and unusable. Further amplifying the issue, the U.S. Continental Congress authorized â€Å"legal piracy† which attributed to the seizing of over 300 British ships during the war. In addition to the resupply of troops, insufficient and ineffective use of transportation resources diminished British effectiveness on the battlefield. Due to poor planning and negligent communication between commanders, the various transport agencies utilized to resupply the British army struggled with prioritizing missions and did not effectively communicate with each other. In addition, independent decisions were made to keep units on-station to move troops vice sending back to resupply. Misaligned campaign plans and the lack of communication and collaboration among commandersShow MoreRelatedWhy Is History A Contentious Subject Within Schools Around The World?936 Words   |  4 Pagesan insight into the present and the future. It teaches us as a nation and how to deal with circumstances that bear a significant resemblance to those of centuries. History also teaches us the mistakes of the past and when people are knowledgeable about history it is less likely for them to repeat the mistakes of the past. Without history our generation will be the dark about who they are. History need to be taught whether it is good or bad and relevant history need to be told. Early American historyRead MoreThe Battle Of The Revolutionary War1263 Words   |  6 Pagesthe militiamen continued to move forward. As the militiamen closed in the British fired the first volley, Private Abner Hosmer and Captain Isaac Davis were at the head of the march and were killed instantly. That volley was the start of the Revolutionary War and is now known as the â€Å"Shot Heard around the World†. The militiamen returned the volley which devastated the Redcoats. Eight officers were wounded and one British soldier lay dead and another mortally wounded. The Redcoats returned theRead MoreEssay about American Success in Achieving Independence1517 Words   |  7 Pagesindependence due more to General Washington’s strategic skill or to British blunders? Introduction The British military was considered the strongest in the world at the outreach of fighting between England and the American colonies in 1775. Britain had just defeated France and the Indians in the Seven Years War and had attained its prominence as a world’s superpower. Yet despite Britain’s overpowering military dominance, the British found themselves unable to subdue General Washington and the AmericanRead MoreCauses Of The American Revolution1644 Words   |  7 Pagescolonial government. It took the colonists nearly a decade before they had had enough of the british. The British had tried to increase taxes. With the taxes increasing it caused the colonists to become very upset with the British. Causing them to meet the Britishes taxing by a heated protest about wanting the same rights as other British citizens. 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During the Revo lutionary war, Payamataha, the Chickasaw foreign diplomat, decided that maintaining peace and neutrality would better benefit the tribe and preserve the Chickasaw people and land. With Independence Lost by Kathleen DuVal, Payamataha decision to stay out of the Revolutionary War and advocate peace led to the defeat of the British and results in the loss of the Chickasaw land by the Americans. During the Seven Years War, the Chickasaws suffered many casualtiesRead MoreThe Founding Father Project : George Washington1159 Words   |  5 PagesWashington has achieved all of this by taking part in Pre-Revolutionary War,During the Revolution,and Post-Revolutionary War.He will be forever known as the man who made The United States of America,and â€Å"The Father of his Country†. Before the Revolution, George Washington had been a lieutenant for the colonies in the French and Indian war.He was then and there shamed for not being able to take down the powerful Int Duquesne,but he learned from his mistakes and with William Pitt they took down the fort. HeRead MoreGeneral George Washington As A Leader901 Words   |  4 PagesContinental Army to victory over Great Britain and presiding over the Constitutional Convention. He was indeed born as a leader to which a leader is defined as one who mobilizes others toward a goal shared by leader and followers. During the eight year Revolutionary war from 1775-1783 with Great Britain and America soldiers, General George Washington has proven himself to be a formidable leader that made him recognizable in a much later life such as his presidential selection. John C. Maxwell, the

Research in Accounting Strong Built Construction Company

Question: Discuss about theResearch in Accounting for Strong Built Construction Company. Answer: Introduction Most of the organizations mainly put importance to the components like base pay, bonuses, equity, benefits and perks of a typical compensation structure (Horngren, Harrison and Oliver 2012). Organization provides compensation to its employees so that they can able to fulfill their needs. In this study, Strong Built Construction Company has able to maintain its position even when the industry is facing trouble. Body A typical compensation package is composed of nine elements. These are base salary; annual or quarterly bonus; other bonus like boss, peer, outstanding non-normal accomplishments; stock options; stock units; health and wellness that consists of dental, medical, vision, employee assistance program; life and accident insurance that is composed of basic life, survivor income benefit, long term disability, accidental death and dismemberment; other insurance like travel, legal and perks like internet services, food, gym memberships, company bus, plane or train fare, cell phone and service, company discounts, university or ongoing funding for education, electric car chargers and many more (Warren, Reeve and Duchac 2012). However, the structure of a compensation package depends on size of the organization, nature of industry and even on the geographic location of the organization. The compensation package of an individual of the higher designation might vary as more elements might be inco rporated within the structure of compensation. The compensation package varies from one company to another. Thus the proportion of the components of a typical compensation package should vary from one organization to another Agency theory is one of the major components of financial economics. It indicates the conflicts of the interest between individuals with diverse interest in the same assets. By analyzing the agency theory, it can be assessed that the particular theory indicates the conflicts between shareholders and managers of the organizations and shareholders and bondholders. As per the theory, the relationship between the principals and agents can be described in an effective manner. The traditional agency relationship arises when individuals called principals or hire one or more individuals for conducting a particular process (Ballwieser et al. 2012). The primary agency relation lies between the stockholders and managers of the organization. In this context, Bill Strong, the founding director of Strong Built Construction Company have discussed about the profitability of the business in recent board meeting. Hence, the organization has been trying to improve the agency relationship with stakehold ers. In the recent survey, it has been identified that the motivation level of employees have fallen and it has affected the business (Van Puyvelde et al. 2012). Consequently, the business is unable to move forward in the global market. The traditional agency theory facilitates the organization to diminish the conflicts of interest between agents and principals. It is a strong indication of corporate governance and business ethics. With the involvement of the traditional agency theory, the director of Strong Built Construction Company would be able to resolve issues regarding compensations. In this scenario, the profit before tax has fallen and it affects the business in many ways. For example, the employees become de-motivated and less performer. Through the engagement of the traditional agency theory, the Strong Build Company has been upholding the relation with staffs, shareholders, suppliers and customers. Moreover, the organization has been planning to enhance the relation with their employees by providing the adequate compensation to them. In recent years, Strong Built Construction Company has been approaching the conventional agency theory for executing the compensation to employees (Pepper Gore 2015). With the involvement of the conventional agency theory, employees obtain the monetary benefits from the company. Bill Strong, the director of Strong Built Construction Company, has argued that monetary compensation would be beneficial for the employees and it would facilitate to motivate employees for providing enhanced performance in the business. On the other hand, the executive compensation would be considered during the compensation planning. Hence, it can be assessed that the traditional agency theory influences the organization approaching compensation for employees in the business (Pepper Gore 2014). Comparison Between Extrinsic and Intrinsic Motivation: Extrinsic Motivation Intrinsic Motivation The extrinsic motivation means outside or external motivation. This type of motivation is commonly found everywhere and is used frequently within the present society. As per the extrinsic motivation, an individual is motivated to behave, learn and achieve based on the highly observed result (Hoggett 2012). Rather it can also be said that this motivation is used for the purpose of fun, learning or development that is served within an experience. Intrinsic motivation provides fun and mainly aim for competency and skill development and for excitement and accomplishment. In case of intrinsic motivation, an individual perform some activities in order get himself stress free, relieved and to get fun. Implementation of this method makes an individual feel better. Excitement makes people to think in a different way, thus this type of motivation is also counted as intrinsic motivation (Bragg 2013). In terms of intrinsic motivation, an individual work internally to develop his skills, rather it can be said that people are motivated by the implementation of the intrinsic measures. Though there are many differences between intrinsic and extrinsic motivation, there is one relationship between the two types of motivation and that is both the types help people to get motivate and to achieve their goals. The compensation of the members is based on the employees who are willing to take the risk and willing to avoid the risk. In case Strong built Construction Company aligns the present incentives in the compensation scheme with the risk attitude of the employees then the employees will be able to reward themselves with higher amount of compensation. The higher is the risk taking attitude of the employee, the higher amount of compensation should be awarded to the employee. On the other hand the risk avoiding employee tends to avoid risk and this should directly reflect in their compensation (Ims et al. 2014). According to Foss, N Stea, D (2014), the compensation committee led by U.S. takes in consideration fairness and balance in the compensation. According to this principle the employees having more responsibility towards the organization fundamentally have greater pay for performance, proper alignment of incentives and a shareholder friendly compensation package. The willing among the employees for greater productivity is has a direct influence on the external rewards and it follows logical sequence of payment system followed by the performance of the employees. The risk avoiding employees are further motivated by the several factors such as, meeting the goals of the organization, making and implementation of the various decisions and the willingness to take part planning, organizing and controlling the effects of the other employees. This has a direct impact on the compensation of the employees (Hermanson 2012). According to Graham et al. (2013) the best time for the employees to receive financial benefit is during the time when the share prices of the company are high and the tax level is low. The best time is driven by the various market forces, due to this reason the company need to identify the best time according to the present tax and future forecast of the tax structures. In this way even if the revenue of the company falls, the employees will be able to draw higher amount of compensation. The various intrinsic factors like giving a challenging task or getting the employees involved in the decision making process will ensure that the employees always stay motivated and improve the working attitude among the employees. The time when the company decides to dissolves its held shares for the past three years is also a good time to provide the compensation. The company needs to bring liquid flow of money in its account so that it is able to settle the salaries of the employees with ease. ( Gursoy 2013). Compensation is a substitute term for salaries and wages. Studies have identified that compensation is one of the prime factor that helps employees to work to their full potential. Hence, fairness consideration will have to be implemented by the company so that no employees of the organization feel that they are not a valuable asset of the company (Osibanjo, Pavithra and Adeniji 2014). However, survey has identified the fact that level of motivation of the employees have fallen to a great extent. As a result, the management tries to implement conventional agency theory approach so that it can provide high level of monetary benefits to its employees so that their motivational level can remain in good order. Fairness consideration in determining compensation is a kind of thing that had to mention by the organization (Chen et al. 2015). Otherwise, the prime objective that is to improve the present level of motivation of the Strong Built Construction Company might not be fulfilled. In addition, the company is looking to initiate company share to the employees. Therefore, the company has to ensure that the share of the company is distributed in such a way so that every individual within the company can actually feel satisfied with this approach (Su 2014). Otherwise, it might even increase the negative impact on the mind of the employee. Executive compensation is one of the most highly important factors that Strong Built Construction Company has to consider at the time of providing compensation to the executives. Since, executive are often considered that they might not show their incentive to perform to their full potential, which might affect the companys overall performance. Therefore, executive committee has to be developed in such way, which can evaluate the performances of the employees (Goel 2012). The performance measurement is extremely crucial at the time of providing compensation. Since, if the an employee who is giving his best at the workplace, does not compensated properly as compared to another employee who is not probably giving too much effort in the job, it actually can increase the dissatisfaction or frustration level of the employees even more higher. Hence, formation of the committee can minimize this kind of possibilities, which will help the Strong Built Construction Company to increase the pre sent level of the motivation for the employees. According to Hermanson et al. (2012), compensation committee is need to be established because of practical and legal reasons. The key determinations of the compensations need to be established. There are complex compensation issues which are need to be addressed and the board does not have adequate time to solve the complex compensation issues and this resulted in the formation of compensation committee which ensures that the issues are addressed and receiving the deliberate attention. The committee formed should have relevant degree of independence. The compensation program needs to be designed by the compensation committee should focus on the incentives promoted by the program. The committee should consist of independent directors and the evaluation of the committee should be done annually. The compensation of compensation committee should be determined by the board itself. The chair of the compensation committee would be elected by the board unless elected by the board. With or w ithout case , the board is entitled to remove the member of compensation committee (Guthrie et al. 2012). The members of committee needs to address the dissatisfaction of employees and the idea of new chief officer to provide intrinsic compensation to employees which means motivation is given to the employees by rewarding them in terms of intangible factors such as appreciating them at the accomplishment of the tasks to boost their morale, treating with consideration and making them feel satisfied. This would enable to boost the outcome as the current level of executing compensation is not optimum (O'Reilly 2014). Conclusion According to various dimensions of the research study it can be observed that the traditional theory related to the agency theory shows the importance of principal and agents. The agency theory helps to address the issues associated with desire of principal and the attitude of the principal for the compensation of degree of risk. In practical application of the problem is mainly observed among the stock holders. The extrinsic and intrinsic factor of motivation further illustrates how the internal agents vary from the external agents in defining of the attitude towards work. The appropriate time to pay of compensation is based on the availability of the liquid cash flows and several Governmental policies which are in favor of the construction companies. The overall aim of the study is to put an augmented emphasis on the fairness related to the structuring of the compensation package of the employees. Recommendations Due to the stringent policy by the government , the construction company is in downturn but the Strong built construction company has been able to maintain its profile and though the company was able to maintain its stability in terms of revenue there was falling motivation among the employees. The proposal by the new chief financial officer, Susan Bold to compensate the employees in terms of intrinsic motivation is sounding good and it would enhance their performance. The monetary compensation would be determined by the time frame of the business when it is exploring. And so the intrinsic benefits such as making them feel satisfied, participating in decision making process would change the attitude of the employees toward their work and would keep them motivated. In order to settle the salaries of the employees with ease, the company needs to maintain the liquid flow of money which is a secondary factor but the primary things to be focused on is the intrinsic factors to enhance the performance of the employees Part B Ia.) The aim of the research paper is to evaluate the significance of the explanations as stated in the ISA 700 auditors report in decreasing the audit expectation gap. As per the German auditors report there existed certain discrepancies in preparing audit reports as per the ISA 700 guideline. The aim of the research paper is to identify the effectives of the policies stated in the ISA 700 statements to reduce the gap between the expectations of the management of a business organization relating to the audit procedure and the actual results that is reflected in the audit procedure (Graham et al. 2012). The research paper seeks to analyze the e implications of the ISA 700 framework as per the operational expenses of a business enterprise. In addition, it seeks to measure the actual financials position of the business enterprise without any bias. As such, the primary responsibility of the research paper is to present a true and fair view of the financial state of a business organization. Ib.) Auditors - External auditors , Internal auditors Financial Statements Financial Analysts - Junior Financial Analysts Senior Financial analysts Auditors report Students - High school students , Middle school students The profitability of a business enterprise. Investors The financial strength of the business organization as well as the number of preference shares shares sold in the market . Ic.) The manipulation checks relate to identifying the discrepancies in the auditors report as well as the accounting statements prepared in the year-ended financial statements. In addition, the manipulation checks referred to the preparation of the financial statements of a business enterprise in accordance to the necessary guideline and framework, which the business organization is supposed to adhere. According to Moser and Martin (2012), The manipulation checks has been an essential part of the auditors job in carrying out authentic reports about the financial statements prepared in the business enterprise. Besides this, it remains essential to gather reports as per the manipulations made in the business enterprise. The total expenses of the organization shall be scrutinized as per the vouchers in the organization. (Parker and Guthrie 2014). Thus, undue manipulations would not be made which shall lead to a rise in the operational expenses of a business enterprise. II II a) According to both the studies the primary objective of the audit process was considered to be fraud detection until 20th century. However the primary importance shifted from detection of the fraud to verify the details in the financial statements. The audit profession wanted to avoid discrepancies related to legal suits by the various business organization and general public. It has been observed that fraud detection is prevalent in many firms and stake holders are discontent with the work of the auditors. The objective of the study is to assess the validity of audit estimates gap in Ghana both from auditors and stockbrokers point of view (Agyei and Owusu 2014). II b) According to the study suggested by Okafor the difference between the degree of expected performance experienced by the user of both financial statement and the auditor is defines as the audit expectation gap. The study has also identified audit expectation gap as the difference between audit performers and the details conveyed though the audit. The method of data collection was based on questionnaire method. According to Agyei and Owusu-Yeboah (2013), the report explains, the gap of audit expectation mainly exists due to subjectivity of the terms and concepts used in the auditing process. The concepts include reasonableness, fair value, adequacy, materiality, reliability and relevance. The study was conducted using sampling techniques. The approach by Okafor is more rigorous as it is more focused towards quantitative research study by considering hypothesis 1 and hypothesis 2. IIc) According to Agyei and Gyamerah (2014), Albert Agyeis the participants consisted of 72.5 % of male respondents and 27.5% of female respondents. Among the various respondents the work experience of 60% of the respondents had an experience of over 5 years, while 30% of the respondents were between 6 years and 10 years and rest had even higher amount of experience. The study conducted by Okafor consisted of participants from the accounting department of the University of Benin, Benson Idahosa University and Ambrose Alli University, and other investing public in Edo state. (Okafor and Otalor 2013). II d) Acccording to Boateng and Agyei, (2013), the respondents in the study conducted by Albert Agyei revealed that 45% of the auditors agreeing to the statements and 45% disagreeing. The frauds detected in the financial statement were agreed by 65% of the total stock brokers. The study conducted by Okafor revealed that it was the responsibility of the auditor to ensure the client with an accurate audit report including the financial statements. The main findings of the study revealed that 67.12% of the respondents didnt know what was expected of the auditors as stated in the statute books and relevant documents. The response rate given Okafor is more accurate in nature. II e) Acccording to Ayuurebobi et al. (2015), the study by Albert Agyei is based on the parameters of agreement and disagreement of various variables. It also identifies that there was no expectation of gap among the auditors and the stockbrokers with relation to producing financial statements. Moreover there was no the expectation of the gap was not present between auditors to the stockbrokers with respect to exercising the judgment in the selection of the audit procedures. The study conducted by Okafor suggested that most of the participants believed that it was the responsibility of the auditor to ensure the client with accurate auditing data and financial data. (Otalor and Okafor 2013). II f) Accoroding to Kusi et al. (2015), the flaws identified in the model of Albert Agyei indicated several over expectations of the users of the audited analysis of the financial statements. Several flaws in the model of Okafor suggested that more the public needed to be more educated toward their duties and responsibilities. The auditors report should have been further expanded to include disclaimer clauses stating the it is not a certificate or a guarantee related to the financial viability. Conclusion and Recommendation It can be concluded that the manipulations check also refer to identifying the discrepancies in the financial statement as well as the auditors report. It shall consist of stringent measures to that shall thoroughly examine the sales revenue earned as well as the income tax paid to the business organization. The Government regulations have also affected the present compensation structure of the employees. The time when the Government starts to put more amount of fund on the construction companies, the financial benefit earned by the employees will have an direct influence on the benefits reaped by the company Reference List Agyei, A. and Gyamerah, S., 2014. The Awareness of Employees on Tax Relief Scheme in Ghana. International Business and Management, 9(1), pp.79-83. 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