Implementation, Strategic Controls, and Contingency Plans Essay - 1

Implementation, Strategic Controls, and Contingency Plans - Essay Example ntiation generic strategy with the market development grand strategy that would be instrumental in increasing the market share and financial income by as much as 20% per annum for the 3rd year and too increase further to 30% from the 4th to 5th years. Implementation of Differentiation Generic Strategy: (1) Caribou should enhance visibility with the positive attributes at the core of their mission and vision statements (Bockstedt & Goh, 2012, p. 237) by increasing advertisements and promotional efforts; (2) Caribou should build customer loyalty through differentiating the Caribou brand from other specialty coffee brands in terms of focusing on the quality advantage; (3) Caribou should not only focus on satisfying customers; but more so, on delighting them and providing them with exemplary personalized experience as they purchase the company’s products. approximately 7 new stores per annum for the 3rd to 4th years and to increase to 10 stores per annum starting on the 5th year; (2) Caribou is renovating the current store within the Chicago market; (3) it will reintroduce a unique brand to the residents that has a customized Chicago-centric look and taste; (4) Caribou should expand beyond United States and would start operation in the Middle East, Colombia, and some parts of Europe starting from the 3rd year to the 5th year time period. From among the noted activities for the strategies identified, the following are emphasized: (1) development of a franchising pipeline in the non-traditional locations like airports, offices, and hospitals within United States; (2) opening of new stores within strategic locations in the U.S.; (3) renovation of the Chicago store; (4) expansion to international markets. The milestones include: (1) the expansion which would mark the company first-owned store for the past five years; (2) expanding into international markets; and (3) renovating the current store in the Chicago market. Current and future resources would be primarily

Board of Directors, Linear Technologies Essay Example for Free

Board of Directors, Linear Technologies Essay Based on the financials to date and the forward looking capital investments required Linear should increase their dividend payout by $0.01 per share. Entering the fourth quarter of 2003 the market seems to show continued signs of improvement. The company has shown steady growth and revenues are forecasted to exceed 2002’s by 19%. The forecast shows net income coming in at $222.7m; a robust 12% increase over last year. Linear has however increased its cash holdings to be in excess of $1.5b through various management initiatives. However this $1.5b has only shown investors a 4.25% growth which translates to $0.10 earnings per share pre-tax. This is in line with the company’s history of conservatism. Looking ahead the company does seem to have requirements to build a new fabrication facility as their facility is aging and is nearing its effective use in its life cycle and will cost around $200m. Linear seems to have enough cash on hand to be able to invest their cash without leveraging the company too much in the future. They have also not spent much on capital expenditures as a percentage of sales (2.2% in FY2002) this last year and should look to increase that in the future. By looking at the information above in the table we see that Linear has had a long history of paying a dividend and has ample resources to pay out dividends; Thus making them one of the highest in their industry as noted in the table below. The other options show extremes in the industry and prove to be too â€Å"far out there† in terms of this industry. Technology companies are known for investing their cash in RD as well and Linear needs to be aggressive in using its cash reserves in a higher and better use that will in turn show investors more returns as well as provide a health dividend amongst their peers. This is in line with what their investors have come to expect over the last 3 years and any significant adjustment now would not signal well in the markets. This increase would raise their dividend payouts to over $66m (a 22% increase from FY2002). History/Analysis of the Dividend Policy at Linear Linear management started issuing dividends when they were sure of the sustainable profitability and cash flow and understood that if they started a dividend that they would have to maintain this in the long run. They understood that investors don’t react well when a company stops paying a dividend. Hence starting small at and gradually increasing the dividends over time as seen in the chart below while the dividend yield took a large hit in 2000 and rebounded in 2002. (Starting at $0.00625 dividend per share in 1992 after they went public in 1986 to a high of $.05 per share today) The Primary reasons to start issuing the dividend highlighted by the management were – Company is financially well positioned with the sustained cash flow since IPO Show investors that Linear is a less risky investment (compared to other tech firms) Tap in the investors interested in income goals along with growth goals (more attractive than the low bank interest instruments) Management feels that increasing the dividend every year even during a tough economic time was good signaling. One thing to note is that Linear did not just limit itself to dividends but also leveraged the share buyback (based on the market conditions), as a vehicle to give cash back to the investors. In 2003, company has recovered ($198m net income) from the 2001 recessionary slump but still more than 50% below the peak in 2001 ($427m net income.) Moreover, sales and profit grew at 3% and 7% respectively are still far below 2001 levels. Dividend payouts make the stocks less volatile too. On the other hand, when a technology growth company start paying dividend it can be concluded that company believes that shareholders can make higher return by investing somewhere else. Porter’s 5 Forces to date: Dividend and buyback policies at Linear Overall Market: Big market scandals, Enron and World-Com were cooking the accounting books to show growth. Every year an investor can get the real money from the dividend (a bird in hand,) but stock growth is just on paper (two birds in the bush, considering the recent big accounting scandals). Even the Fortune article in 2002 suggested that going forward a growing share of investment returns will be from the dividend income. Simple Proposal: Raise by $0.01 The goal of payout policy is to ensure that funds are allocated optimally across firms and their investors. Having said that, several facts speak in favor of raising Linear’s dividend by one cent and not swinging the pendulum in one direction or the other. Excess cash-to-operations approach for 2003 (first three quarters): Dividends paid: $47 million Operating Cash Flow: $180.1 million with the majority of cash going towards stock repurchases. ($165.7 million) while $13.2 million ended up on the firm’s balance sheet. With 312.4million shares outstanding, Linear’s additional expenditures with a $0.06 dividend would be $3.1million per quarter or $12.5million annually. Given the corporation’s financial situation, this is perfectly feasible as seen in the chart below. This would slightly change the dividend yield as seen in the charts below. The company has a very strong cash balance of over $1.5 billion in which to strategically invest In view of the upcoming changes in tax law, raising dividends enjoys support from major shareholders It could potentially help attract additional investors, such as mutual funds and European investment firms It would be consistent with the firm’s dividend payout history; the dividends have been increasing by one cent every year since 1999 The company is not planning any major acquisition for which cash would be required Middle-ground proposal: Send 1/3 FCF to Dividends, 1/3 FCF to buybacks An option to balance the historical and the path forward for dividend pay would be to adopt the idea of paying one third of their earnings per Blaine Rollins, leader portfolio manager of Janus Fund. â€Å"For companies with strong excess cash flow such as Linear, I would suggest saving a third of the cash for a ‘rainy day’ and sharing the other two-thirds with investors, split equally between dividends and buybacks.† Here’s the historical data of the actual paid and the percentage of their excess cash flow: If we follow the advice from Rollins, here’s the middle ground proposal allocating 1/3 of excess cash flow towards dividends. Assuming the Q4 will be similar to the first 3 quarters in 2003, we can estimate that the net income to be $227.5M and FCFE to be $240M. By taking 1/3, we can recommend dividend for 2003E (estimate) would be $80M. The dividend yield would increase slightly from .4% to .6% a well in the charts above. Economy Due to the recession in 2001, the overall economy is not growing strong but there’s no clear sign of a major decline. SP500 has remained steady over the past few years and with a favorable tax plan, it a signal to the investors that Linear remains a great investment opportunity when people are generally trying to hold on to their cash. Industry Although this is still higher than the industry standard, Linear has maintained a strong cash balance and by rewarding the investors, with a high dividend, it would signal strong growth and attract future investors looking for steady income revenue. This would also be a point of differentiation amongst its competitors and allow Linear to stand out amongst the crowd. However, a concern is a potential message that there is no future growth RD/projects in the pipeline. Linear’s current circumstance: Linear is in a strong financial position to pay aggressive dividends and there’s no apparent risk in increasing dividends to the company. However, some factors to consider are potentially missing out on capital growth investments and executive pay restrictions. Radical Proposal: Distribute All Cash A radical proposal for Linear Technology would be to distribute all of their cash. Taking this to the extreme, it would include the $1.5 billion cash balance they currently have as well as paying all of their cash flow for each of the subsequent years. The $1.5 billion they have on hand would provide a dividend of approximately $5.00 per share. This would represent a dividend yield of 16.2%. If they chose to continue this policy on a going forward basis it would provide a very volatile dividend. Looking at the past ten years of data, this strategy would give investors a dividend between $0.13 and $1.34 per share. Economy The economy still hasn’t rebounded from the recession of 2001. Although Linear Technologies had never had a year with negative cash flow, there was significant uncertainty in the market and by distributing all of their cash they would be in a position where they could not make a mistake if it fell further. Industry This would imply to investors that they do not have growth opportunities that would provide investors attractive returns. Investors prefer to have a predictable dividend, by doing this they would create uncertainty in their dividend policy in the future. Even if they decided not to payout all of their cash every year, by doing it one year they risk setting a precedent that if cash gets to $1.5 billion it will be used for a dividend. This would provide a dividend yield to investors of 16.2%. This is significantly higher than the 0.3% average for the Information Technology sector as a whole. Moreover, if they continued this policy moving forward they would continue to distinguish themselves from the other tech firms by having a much higher dividend yield. Linear’s current circumstance: They run the risk of missing out on opportunities for acquisitions or investment in their existing business. Even if they didn’t see opportunities at the current time, starting the year with a zero cash balance would greatly diminish their ability to finance any expansions or acquisitions. They would be forced to finance those opportunities through debt or raising new equity.

Hamlet: Admirable or Weak? Essay -- GCSE Coursework Shakespeare Hamle

Hamlet:   Admirable or Weak?  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚        Ã‚   In Shakespeare’s play, Hamlet, the character of Hamlet is often portrayed as a weak-minded individual, whose lack of purpose leads to seven unnecessary deaths. This is a valid interpretation, but not a very interesting one.    Hamlet is considered a tragedy, but it is also quite similar to a modern-day murder mystery. As such the most crucial plot element is Claudius' guilt, or, rather, the extent of Hamlet's knowledge of this guilt. One does not know if the ghost is the doomed spirit of Hamlet's father or a vision sent from Hell. It is impossible to determine how much Hamlet is aware of, how much can he guess, and how much is he deluding himself.    Hamlet is almost always performed as a tragedy, and Hamlet's "indecision" is universally accepted as the flaw. "If he had only made up his mind", people argue, "eight deaths could have been avoided." This, of course, is a very easy position for one to take, because we already know that Claudius is guilty. It would be a much more interesting piece if one could be left uncertain of the true facts. Due to the popularity of Hamlet, the fact that Claudius is guilty is taken for granted, and so it seems unfortunate that Hamlet cannot act sooner, but without this knowledge acting too quickly would be a mistake.    In the text, however, there is no clear evidence of wrongdoing until Claudius confesses his sins to God, his nephew, and the theater at large. Up until that point Hamlet is weighing the Ghost's story against the king's. The ghost accuses in Act I, but Hamlet is perceptive enough not to accept the being at its word. One thing that he realizes is that the Ghost is playing directly to his own emotions.    It ... ...mbines the best qualities as his two foils: the nobility of Laertes' cause, and the execution of Fortinbras' coup. Fortinbras attacks without justice - his father died honorably in a fair fight, on the battlefield. Laertes has a larger grievance than Hamlet, but must stoop to treachery to complete his vengeance. Hamlet, however, remains true throughout, resisting his impulses until he cannot only perform Vengeance, but Justice as well.    Works Cited and Consulted: Bloom, Harold. Modern Critical Interpretations Of Hamlet. New York, NY: Chelsea House Publishers, 1986. Charney, Maurice. All of Shakespeare. New York, NY. Columbia University Press. 1993. Magill, Frank N. Masterplots. Englewood Cliffs, NJ, 1995. Shakespeare, William. Hamlet, Prince of Denmark. The Riverside Shakespeare. ED. G. Blakemore Evans. Boston: Haughton Mifflin Company, 1974.

Qualitative Data Essay

VOCABULARY – I consider vocabulary as the easiest because with the use of context clues, I can easily understand the meaning of the word. – 7 respondents have the same reason. – I consider vocabulary as the easiest because you only have to be familiar with words. – 2 respondents have the same reason. – I consider vocabulary as the easiest because I’m a wide reader at a young age. – 2 respondents have the same reason SENTENCE/SYNTAX – I consider Sentence/Syntax as the easiest because you just have to familiarize grammatical rules. – 2 respondents have the same reason GETTING THE MAIN IDEA – I consider Getting the Main Idea as the easiest because by understanding the passage, you can get the whole idea. – 9 respondents have the same reason – I consider Getting the Main Idea as the easiest because there are no rules on understanding the passage – I consider Getting the Main Idea as the easiest because it is mainly asking what the text is all about. – 2 respondents have the same reason – I consider Getting the Main Idea as the easiest because it is mostly found at the beginning of the paragraph. COMPREHENSION – I consider Comprehension as the easiest because by simply reading. I can comprehend what the paragraph is all about. DIFFICULT: VOCABULARY – I consider vocabulary as the hardest because I have limited words stocks. – 4 respondents have the same reason. – I consider vocabulary as the hardest because I still need to consult the dictionary to know the meaning of the. – 2 respondents have the same reason. – I consider vocabulary as the hardest because I have a poor memory to retain word meanings. – I consider vocabulary as the hardest because I’m not a wide reader. SENTENCE/SYNTAX – I consider Sentence/Syntax as the hardest because it’s hard to analyze sentence structures and grammatical rules. – 2 respondents have the same reason GETTING THE MAIN IDEA – I consider Getting the Main Idea as the hardest because it’s hard to deal with the writing styles of the author and confused if I have to dwell with my own understanding. – 2 respondents have the same reason – I consider Getting the Main Idea as the hardest because words are confusing. – I consider Getting the Main Idea as the hardest because it is requires comprehension and focus. – 2 respondents have the same reason – I consider Getting the Main Idea as the hardest you have to identify the specific details of the story. COMPREHENSION – I consider Comprehension as the hardest because there are articles that are difficult to understand. – 3 respondents have the same reason – I consider Comprehension as the hardest because you have to check the deeper meaning of the text. – I consider Comprehension as the hardest because you have to consider everything (sentence structure, grammatical rules, vocabulary etc.) to get the meaning. – I consider Comprehension as the hardest because it’s difficult to retain everything I’ve read. – 2 respondents have the same reason – I consider Comprehension as the hardest because of the unfamiliar words. – I consider Comprehension as the hardest because it requires prior knowledge. – I consider Comprehension as the hardest because of the author’s ambiguous ideas. – I consider Comprehension as the hardest because it needs fast digestion of the contexts. 3. What possible intervention could have been done to help you develop your reading skills at the point of your education? The following are recommended reading interventions: to become a wide reader – 19 respondents have the same suggestion study more vocabulary words – 6 respondents have the same suggestion involve in more reading activities – 12 respondents have the same suggestion watch more films – 2 respondents have the same suggestion teachers should stimulate motivation – 3 respondents have the same suggestion teachers should conduct more tutorial – 3 respondents have the same suggestion teachers should unlock difficulties before starting the lesson proper practice reflective reading COMPREHENSION – I consider Comprehension as the hardest because I’m having a hard time to understand texts heard. – 2 respondents have the same reason – I consider Comprehension as the hardest because I consider myself as a visual learner. – I consider Comprehension as the hardest because I easily lose focus 3. What possible intervention could have been done to help you develop your listening skills at the point of your education? The following are recommended reading interventions: get acquainted with correct pronunciation through practice – 3 respondents have the same suggestion learn different kinds of accents watch more films 3R’s- Read, Read or Read stay focused and listen keenly – 6 respondents have the same suggestion engage in more listening activities– 14 respondents have the same suggestion tele-conferencing with someone who has a different accent educators should encourage developing listening skills

Toys and Games industry

Toys R Us is one of UK’s leading toy and game retailer. This report conducts an academic research focus on Toys R Us (UK) in toys and games retailing sector. In the first part of this report, we will discuss the toys and games industry background and the overview of Toys R Us. Then, the research will focus on Poster’s Five Force Model and Porter’s Generic Strategies. In the next parts, this report will concentrated on the potential strategies which Toys R Us might pursue in the future. Conclusion and recommendation will be mention in the final part of this report and the recommendation will be covered the best strategy for Toys R Us which can be used for the future competitiveness.1.1 Industry Background After the decline in 2008 and 2009, the toys and games market has grown about 5% just under  £2.2 billion. The market has opportunities to increase the sale revenue from 2010 to 2015 (MINTEL 2010). The Figure 1 shows UK retail value sales of toys and games betw een 2005 and 2015. (Figure 1, Source from: MINTEL Report 2010)According to MINTEL 2010, the main players in the toys and games industry in UK is Argos, Toys R Us, Disney and some internet specialists such as Amazon and Ebay. The Figure 2 shows the retail market share for those main players. (Figure 2, Source from: MINTEL Report 2010)1.2 Company overview Toys R Us is UK’s leading traditional toys and games retailer with over 1500 stores and 71,000 employees (including part-time employees) in 33 countries and the company’s headquartered in Wayne (DATAMONITOR 2011). Toys R Us offer Toys, Baby care, Video games, Multimedia PCs, Bikes and outdoor fun products (Toys R Us 2013).2.0 Poster’s Five Force Model2.1 The threat of new entrants According to Dess, Lumpkin and Eisner 2010, the threat of new entrants is depends on the level of entry barriers. In the UK toys and games industry, there are strong competitions for the pricing. According to MINTEL 2010, since 2008, co nsumer prices for the games and toys have fallen, so most retail cut down the price therefore strong competition in the toys and games industry. Moreover, Economies of Scale can be also related to the entry barriers. Finally, the government policy is major source of entry barriers. For example, national land policy can be effect the manufactory and location of stores, the entry barrier is also influence by high VAT rates for the company which standard rate is 20% and reduced rate is 5% in 2013 (GOV.UK 2013).2.2 The bargaining power of suppliers Toys R Us has increase the number of suppliers over 3000 manufacturers. Mattel, Hasbro and Namco Bandai are the main suppliers for Toys R Us. Those 3 manufacturers are top 20 suppliers in toys industry and Best-selling Toys of the year are always given to those 3 suppliers (GIMD 2011). Nintendo and Sony are also the main suppliers for Toys R Us. Those 2 companies are famous video games suppliers. Nintendo has produce NINTENDO 3 DS and Sony ha s produce PlayStation 3 and PSP, those 3 product all have good sale revenue in the games market (Toys R Us 2013).2.3 The bargaining power of buyers As this report has mention before, Toys R Us is one of UK’s leading toys and game retailer, therefore the company has strong brand image, when consumer planning to purchase toys or games, Toys R Us is always become a first choice for purchase toys and games because the strong brand image. Moreover, there are limited numbers of global retailer in the traditional toys and games industry therefore Toys R Us has strong buying power (GMID 2011). The Figure 3 shows the child/youth population by age and gender between 2005 and 2015 in UK. From this table, we can see the populations between ages 0-14 are increase from 2005. The target market for Toys R Us are children, if the populations of child is increase, the buying power will also increase. (Figure 3, Source from: MINTEL Report 2010)2.4 The threat of substitute products Toys R Us is mainly focus on traditional toys and games sector. However, since the new technology is coming to the market, such as Ipad, X-box 2 and some new online games, the consumers’ needs are changing. More young children prefer the game in Ipad video game and online game rather than traditional toys; therefore Toys R Us is facing on high threat of substitution.2.5 The intensity of rivalry among competitors in an industry Woolworths was the biggest toys and games retail in UK, after the collapse of Woolworths in 2008, Toys R Us, Argos, Disney and other online retail such as Ebay and Amazon became the major players in toys and games industry. In 2009, Argos has 24% market share which are top one in UK toys and games market. Toys R Us has 17% market share and Disney only has 3% market share (MINTEL 2010). Figure 4 shows the outlet, sales, positioning and evaluation of those major players in toys and games industry in 2010. (Figure 4, Source from: MINTEL Report 2010)3.0 Porter’s Generic StrategiesIn this part, this report focuses on Porter’s Generic Strategies to analysis the strategic positioning of the major play in toys and games industry. According to Dess, Lumpkin and Eisner 2010, Porter’s Generic Strategies include three strategies which are Differentiation, Focus and Cost leadership which a company can use for achieve competitive advantage and overcome five force. Figure 5 is made by the Porter’s Generic Strategies; this graph shows the main competitors for Toys R Us in toys and games industry. From this graph, we can find out Toys R Us is using differentiation strategy, the strategy for Disney Company is Focus strategy, Argos and amazon concentrated on Cost Leadership strategy. (Figure 5)Differentiation can be defined as a strategy based on creating differences in the company’s product and service (Dess, Lumpkin and Eisner 2010). As this report has mentioned, Toys R Us is using Differentiation strategy. The Company is pro viding different customer service as other competitors in the toys and games industry. According to Toys R Us 2013, every store of Toys R Us has an extensive Babies R Us department, inside of the Babies R Us included furniture, car seats, bedding, strollers, safety products, nappies and baby food for all parents and babies.Moreover, the company can be achieved the Differentiation strategy by strong brand image and wide range of products. As this report mention at the induction, Toys R Us is one of UK’s leading toy and game retailer therefore the company has strong brand image to achieve the differentiation strategy. According to MINTEL 2010, Toys R Us provides large range of toys and other children-related products. There are some advantages of Toys R Us using the Differentiation strategy. Firstly, this strategy can improve consumers’ loyalty. Differentiation strategy can also help company to decrease the threat of substitute products. On other hand, there are few disa dvantages for differentiation, consumer may prefer to purchase product from the company who using the cost leadership strategy.Disney Company is using focus strategy. The products from Disney shop are related to the Disney film (Disney store 2013). The company is focus on the customers who like the Disney brand images, most consumers will decide to purchase from Disney store if they like watch the Disney films especially young children. Argos and Amazon are focus on cost leadership strategy. Both companies are offering wide range of toys and games with low prices.4.0 Potential strategies might pursue in the futureIn this part, this report will mainly focus on the strategies which the Toys R Us may pursue in the future.4.1 Vertical Integration Vertical Integration is an expansion or extension of the company by becomes its own supplier or distributor (Dess, Lumpkin and Eisner 2010). According to GIMD 2011, the key strategic objective and challenges for Toys R Us is extending private l abel ranges. Vertical integration is one of best strategy to achieve this objective. If Toys R Us becomes its own supplier, the company will much easier to extending private label ranges. Moreover, the  company’s transaction costs are much higher than administrative costs, so vertical Integration becomes an attractive strategy for Toys R Us.There are few benefits for Vertical Integration. Firstly, the strategy has benefits on access to new business opportunities, this will be helpful for Toys R Us achieve the objective of extend private label ranges. Secondary, this strategy can help Toys R Us to make sure the quality of the product, therefore this will help to increase the consumers’ satisfaction. Finally, Vertical Integration can help company to reduce the transaction costs.4.2 Strategic Alliances Strategic Alliances can be defined as two or more companies have a cooperative relationship (Dess, Lumpkin and Eisner 2010). As this report mention in the second part, mo st young children are prefer video games rather than traditional toys, so Toys R Us might concentrate on video games sector in the future, to development a new video game, the company will need a strong technology, the company might think about the Strategic Alliances. As this report mention before, Nintendo is a famous video game manufactures, the company has sold about 2.4 billion video game since 1983 (Nintendo 2013).If Nintendo become an alliance partner with Toys R Us and development a new product with strong brand image from technology and high level of technology skill Nintendo, both companies will easy to increase the market share in the toys and games industry. The advantages for Strategic Alliances will be reducing manufacturing costs in the value chain. Moreover, this strategy will also help on developing and diffusing new technologies.4.3 Internal DevelopmentInternal development is focus on new products and new technology. According to GMID 2011, a key objective and chal lenge for Toys R Us is development of exclusive products, this strategy may help Toys R Us to achieve this objective. Moreover, the company is not having to using the Strategic Alliances to development a new video games, this strategy can help company to development own innovative product without having to share the wealth with alliance partners.5.0 Conclusion and RecommendationIn conclusion, this report has concentrated strategic analysis on Toys R Us in toys and games industry. In the first part, the report has discussed the industry background and company overview. Then, the analysis of Poster’s five force model takes the second place. In the third part, this report analysis the Poster’s Generic strategies which show Toys R Us are concentrated on Differentiation strategy. Finally, the report mentions the several strategies which Toys R Us might pursue in the future.After the report analysis those strategies for Toys R Us, we can give the recommendation on the best s trategy for the future competitiveness. Figure 6 shows the benefit and risk of the three strategies for Toys R Us, compare those three strategies, all of strategies have both benefit and risk for Toys R Us, but we recommend that Strategic Alliances is the best strategy for Toys R Us in the future.New product development is the main objective of Toys R Us, if the company can develop own video games product, it will easy to increase the market share in toys and games industry, Strategic Alliances is the only strategy which can help Toys R Us to achieve the goal in the fastest time. Internal Development may also help company to develop new product, but the company will need spend high cost on new product development and Toys R Us may not have enough technology skill on video game as the company such as Sony and Nintendo. (Figure 6)

Air Travel Safety and Probable Causes of Human Error

Air Travel Safety and Probable Causes of Human Error Should airlines have a specific criterion in hiring new applicants in order to ensure consistent quality service? Hashtag: #CertificatesOfDoom Air Travel Safety and Probable Causes of Human Error Commercial aircraft’s hull-loss accident rate is 1.5 per one million departures making it the safest form of mass transportation in the world. However, despite tremendous improvements in commercial jets technology, the safety of air travel constantly depends on human efficiency and reliability or in the qualifications of aircraft’s pilot and crew. UK statistics of transport accidents in 2003 suggest that there are 20 times more people being killed in car accidents than passengers of commercial airlines each year. Traveling  by air is also 4 times safer than rail travel. In fact, the average fatality for every 12.5 million passengers carried by UK airlines is one. Moreover, airline passenger’s overall survivability rate in the year 2000 was already 95.7% and probably much higher today due to continuous improvement in aircraft’s design, operation, maintenance, and air traffic control. Except for human error, this makes commercial airlines the fastest, reliable, and safest type of mass transportation in the world. Human error is the main contributor to aircraft accidents. In fact, despite the presence of automated flight management systems and adaptive cruise control in cockpits, the common cause of aircraft accidents is human errors. Specifically, these are pilot’s intentional violation of operating procedures, incorrect reasoning, slips or mistakes caused by fatigue, and wrong response to a critical situation. Slips caused by fatigue are easy to accept, but breaking the rules and making faulty responses and reasoning is a quite strange for a well-educated, highly trained, and adequately experienced aviation pilot. Are these pilots really skilled and competent or holders of #CertificatesOfDoom from an aviation college in Nairobi? Critical Essay Airlines Criterion and Academically Incompetent Pilots Airlines have a  specific criterion in hiring new applicants in order to ensure consistent quality service. On the other side of the coin, it is also a precautionary measure to prevent entry of â€Å"half-baked† pilots or those with poor quality aviation training, less piloting experience, and insufficient formal education. It is quite evident that an ideal airline pilot is one with adequate formal education, well trained and with long hours of flight experience. A pilot holding a deceitfully acquired academic certificate or #CertificatesOfDoom, therefore, has no business whatsoever in the aviation industry. The recent Twitter expose about some aviation graduates that bought their degrees and certificates in various fields of Aeronautics, is a sad indication that some pilots of commercial airlines are academically incompetent. Another is the shocking reality that these certificates were sold by the institution that we all hoped to teach good values and promote learning in young people. Free Sample Essay about Travelling Academically incompetent pilots must not be allowed to fly or work in the aviation industry. In particular, those who acquired their degrees without attending the class are dangerous people with no respect for human life. The aviation industry should keep them out or terminate those who are already in the industry. In time, their lack of academic knowledge will take its toll on their ability to reason, make right decisions, and correctly respond to life-threatening situations. Remember, human error is not only responsible for significant financial losses but to the thousands of people who were killed by one man’s incompetence.

Programming Languaguages essays

Programming Languaguages essays A programming language is a set of English-like instructions that includes a set of rules for putting the instructions together to create commands. A translator changes the English-like commands into numeric code that the computer can understand. The most common type of translator is a compiler. The compiler is program that reads English-like commands in a file and than creates another file containing computer readable numeric code or commands. I will be talking about some of the major functions and uses six high-level programming languages. Java was developed by Sun MicroSystems and released in 1995. Java is based on C and C++ and incorporates many features object-oriented languages. It is a compiled language, but its code output is interpreted. This makes Java ideal for cross-development. The downside to its interpreted code is speed. Javas object-oriented is fundamental, and all code and data in a Java program exist within the object-oriented class. Javas exception handiling with try, catch, and throw statements provide the solution for writing reliable code that responds to all possible error conditions. Another advantage of Java is a String class that does away with null-terminated, length byte and other types of strings. It is also multithreaded which a class can easily provide code that runs concurrently with other programing. Another advantage is the lack of a pointer-type data and memory management which tends to be a very bug-prone area. Memory is organized by Javas virtual machine garbage collector. Java provides a rich class library in beavery bug-prone area. Memory is organized by Javas virtual machine garbage collector. Java provides a rich class library in the forms of packages imported into modules. Since Java is interpreted locally on the users system, a security manager can completely control disk access, window creation, and memory management. C was developed by Dennis Ri...