Write an argumentative essay
Best Common App Essay Topics
Tuesday, August 25, 2020
Apartheid Era Pass Laws of South Africa
Politically-sanctioned racial segregation Era Pass Laws of South Africa As a framework, politically-sanctioned racial segregation concentrated on isolating South African Indian, Colored, and African residents as indicated by their race. This was done to advance the prevalence of Whites and over set up the minority White system. Administrative laws were passed to achieve this, including the Land Act of 1913, the Mixed Marriages Act of 1949, and the Immorality Amendment Act of 1950-which were all made to isolate the races. Under politically-sanctioned racial segregation, pass laws were intended to control the development of Africans and they are viewed as one of the most egregious techniques that the South African government used to help politically-sanctioned racial segregation. The subsequent enactment (explicitly Abolition of Passes and Co-appointment of Documents Act No. 67 of 1952) presented in South Africa required dark Africans to convey personality reports as a kind of perspective book when outside a lot of stores (later known as countries or bantustans). Pass laws advanced from guidelines that the Dutch and British ordered during the eighteenth and nineteenth century slave economy of the Cape Colony. In the nineteenth century, new pass laws were authorized to guarantee a consistent flexibly of modest African work for the precious stone and gold mines. In 1952, the administration passed a significantly progressively tough law that necessary every single African man age of 16 and over to convey a reference book (supplanting the past passbook) which held their own and work data. (Endeavors to compel ladies to convey pass books in 1910, and again during the 1950s, caused solid fights.) Pass Book Contents The pass book was like a visa in that it contained insights concerning the individual, including a photo, unique mark, address, the name of his manager, to what extent the individual had been utilized, and other recognizing data. Bosses regularly entered an assessment of the pass holders conduct. As characterized by law, a business must be a White individual. The pass additionally reported when authorization was mentioned to be in a specific district and for what reason, and whether that solicitation was denied or allowed. Under law, any administrative representative could expel these sections, basically evacuating consent to remain in the region. In the event that a pass book didnt have a substantial passage, authorities could capture its proprietor and put him in jail. Informally, passes were known as the dompas, which truly implied the moronic pass. These passes turned into the most despised and abominable images of politically-sanctioned racial segregation. Abusing Pass Laws Africans frequently abused the pass laws so as to look for some kind of employment and bolster their families and subsequently lived under steady danger of fines, badgering, and captures. Dissent against the stifling laws drove the counter politically-sanctioned racial segregation battle incorporating the Defiance Campaign in the mid 50s and the colossal womens fight in Pretoria in 1956. In 1960, Africans consumed their goes at the police headquarters in Sharpeville and 69 dissenters were executed. During the 70s and 80s, numerous Africans who disregarded pass laws lost their citizenship and were ousted to ruined rustic countries. When the pass laws were canceled in 1986, 17 million individuals had been captured.
Saturday, August 22, 2020
Fraction Worksheets and Ratio Homework
Division Worksheets and Ratio Homework Training portions can regularly appear to be an overwhelming errand. You may hear numerous the moan or murmur when you open a book to the segment on parts. This doesn't need to be the situation. In fact,â most understudies won't fear a point once they feel sure working with the concept.â The idea of a ââ¬Å"fractionâ⬠is conceptual. Picturing separated versus an entire is a formative ability not completely got a handle on by certain understudies until center or secondary school. There are a couple of approaches to get yourâ class grasping divisions, and there are various worksheets you can print out to nail the idea home for your understudies. Make Fractions Relatable Youngsters, indeed, understudies of any age lean toward a hands-on showing or an intelligent encounter to pencil-and-paper math conditions. You can get felt circles to make pie charts, you can play with part dice, or even utilize a lot of dominoes to help clarify the idea of portions. On the off chance that you can, request in a real pizza. Or on the other hand, on the off chance that you happen to praise a class birthday,â well perhapsâ make it a part birthday cake. At the point when you connect with the faculties, you have a higher commitment of the crowd. Additionally, the exercise has an extraordinary possibility of changelessness, as well. You can print division circles so your understudies can represent portions as they learn. Have them contact the felt circles, let them watch you make a felt circle pie speaking to a division, request that your class shading in the comparing part circle. At that point, request that your class work the part out. Mess around with Math As we as a whole know, few out of every odd understudy learns a similar way. A few youngsters are greater at visual handling than sound-related preparing. Other lean toward material learning with hand-held manipulatives. Others may incline toward games. Games make what could be a dry and exhausting point increasingly fun and fascinating. They give that visual segment that mightâ make all the difference.â There are a lot of web based showing instruments with difficulties for your understudies to use.à Let them practice carefully. Online assets can help harden ideas. Part Word Problems An issue is, by definition, a circumstance that causes perplexity. An essential precept of instructing through critical thinking is that understudies went up against with genuine issues are constrained into a condition of expecting to interface what they know with the current issue. Learning through critical thinking creates understanding. An understudies mental limit develops increasingly complex with time. Taking care of issues can constrain them to think profoundly and to interface, expand, and expound on their earlier knowledge.â You can utilize expansion and deduction word issues with your understudies to assist them with understanding the idea further. Expansion and deduction part worksheet 1â andâ solutions for worksheet 1à Addition and deduction division worksheet 2â andâ answers for worksheet 2Addition and deduction portion worksheet 3 andâ solutions for worksheet 3 Regular Pitfall Now and again you can invest an excessive amount of energy showing division ideas, as disentangle, locate the shared factors, utilize the four tasks, that we regularly overlook the estimation of word issues. Urge understudies to apply their insight into part ideas through critical thinking and word issues.
Tuesday, August 4, 2020
Capstone Workshop Improving STEM education in Ghana COLUMBIA UNIVERSITY - SIPA Admissions Blog
Capstone Workshop Improving STEM education in Ghana COLUMBIA UNIVERSITY - SIPA Admissions Blog A signature of the SIPA curriculum is the Capstone Workshop, a live consulting project on a real-world issue for an outside organization. Youll work with small consulting teams of other SIPA students under the guidance of an expert faculty advisor. This is just two of the Spring 2018 workshops out of the 80+ projects each year, and your project could be in the public, private, and nonprofit sector Building a Hands-on Science Culture Among Ghanaian STEM Teachers Client: Practical Education Network (PEN) Based on the finding that one-off teacher trainings alone are not sufficient to enable teachers to implement hands-on science, the Capstone team developed an incentive strategy to increase teacher uptake of in-class activities. The team also made recommendations to improve PENâs monitoring evaluation practices, including providing guidance on data collection, analysis, and storage. The teamâs final deliverables include toolkits, step-by-step implementation, and measurement guides for immediate incorporation into organization processes. Learn more here. Clean Cooking Energy Enterprise in Uganda Client: United Nations Capital Development Fund In Uganda, only 2% of the population has access to clean cooking technologies while the majority of households rely on biomass to cook, thus making the expansion of the clean cooking sector a major challenge in the country. To fulfill the clientâs requests of providing diagnostics to help the companies attract further technical and investment support, the Capstone team undertook background research on the sector, conducted interviews with international organizations and local associations, and took a weeklong field visit to Uganda to meet with local entrepreneurs and produced a set of deliverables, including company prescriptions, company profiles and a website with database feature, to advise them properly on the ways in which they could scale up their efforts. Learn more here. Check out the full list of SIPA Capstone Workshops here.
Saturday, May 23, 2020
Maria Full of Gave-Reflection Paper on Movie - 3442 Words
Reflection Paper: Maria Full of Grace Washington Irving said once, ââ¬Å"There is in every true womans heart, a spark of heavenly fire, which lies dormant in the broad daylight of prosperity, but which kindles up and beams and blazes in the dark hour of adversityâ⬠[1] which I feel describes the main character of Maria in the movie Maria Full of Grace (MFG); Maria lives in Columbia and due to her financial situation becomes a drug mule for money all the while pregnant at the age of seventeen. In the movie, Maria struggles with the rationale of staying true to herself of being good person and doing the right thing while still wanting to make money for her strains to survive day to day. Maria also fights with the notion of wanting a better lifeâ⬠¦show more contentâ⬠¦In the movie MFG, the audience is shown that Maria knew she was pregnant prior to becoming a drug mule, some say that this illustrates her lack of maturity, lack of judgment and lack of responsibility by risking the health of her unborn child; howe ver, others view it as part of her survival and resiliency managing her personal and family issues problems first over her own well-being. In my opinion I feel that she is a little bit of both: reckless and responsible at the same time. Reckless in the sense that she knew she was pregnant, didnââ¬â¢t think about her own health, the idea that she may die from doing this if he crack packet opens in her stomach or the idea of killing or harming her unborn child. On the flip side, she was thinking about her mother working tirelessly long hours, her sister needing money for her son who was sick and her grandmothers needs and she wasnââ¬â¢t thinking about herself which shows sheââ¬â¢s very responsible and cares about her family situation. Like many people Mariaââ¬â¢s life is complicated with thoughts about her familyââ¬â¢s well being first and her life and needs second. A term coined by Bacallao Smokowski (2007) called ââ¬Å"familism [which] involves a deeply ingrained se nse of the individual being inextricably rooted in the family. The term encompasses attitudes, behaviors, and family structures within an extended familyShow MoreRelatedTheology I - Searching for God in the World Today6745 Words à |à 27 PagesI went to Belgium to earn a doctoral degree for six years from the Catholic University of Louvain. I read so many books, which I had to read over and over again just to understand it, and many times I failed. I wrote so many papers, which my professors returned back to me full of red ink of corrections, and I rewrote them again, and again, and again, till my professors were satisfied. And now, Hall would say those words? Gosh, what did I study in those ten years? It is as if a part of my life is beingRead MoreCase Studies13817 Words à |à 56 Pagesa factory in China to produce large quantities of shirts to give away for free as a promotion that she could promote on the Facebook page she had worked so hard on. She also wondered if the highe r cost of the T-shirts would affect the grade the CEO gave her for the internship. On the other hand, her International Management class had exposed her to the harsh reality of working conditions in China: low wages, rigorous work schedule, poor safety regulations, and the complete lack of workers compensationRead MoreEssay on Walmart16417 Words à |à 66 Pagesfall of 2008, as part of an ongoing evolution of its overall brand.[46] Walmart Canada started to adopt the logo for its stores in early 2009.[47] On March 20, 2009, Walmart announced that it is paying a combined $933.6 million in bonuses to every full and part-time hourly worker of the company. An additional $788.8 million in profit sharing, 401(k) contributions, and hundreds of millions of dollars in merchandise discounts and contributions to the employees stock purchase plan is also includedRead MoreMasculinity in the Philippines12625 Words à |à 51 Pagesproblems (Castro and Peralta, Jr. 1935, 345). Reinforcing this gender dimorphism, UPS all-male cadet companies barred women from drill but recruited them as sponsors to appear in formal, frilly gowns at full-dress parades. Illustrative of this imbalance, in the late 1920s one of these sponsors gave the Corps a colorful oration titled The Woman Behind the Man Behind the Gun (Castro 1932; 355; Quirino 1930, 427). By 1936, the UP cadets had expanded their Corps of Sponsors to COMMONWEALTH AND MASCULINITYRead MoreEssay on Fall of Asclepius95354 Words à |à 382 PagesA monster in disguise of a princess. Yeah... she said in a child-like tone. Duncan let her back down on the ground. Carmine was very short compared to Duncan. He stood a clear two feet over her. So are we still on for the movie this Friday? Of course. Which movie do you want to see again? Is The Dark Legacy, okay? Sounds good. Great! She looked over her shoulder to her friends. I have to go now, but Ill see you in third period. Ill be counting the hours, he saidRead MoreGp Essay Mainpoints24643 Words à |à 99 Pagesprofessionals ( greater insight into issue at hand â⬠¢ E.g. 2008 U.S. Presidential Elections (bloggers provide personal opinions about who was likely to win but New York Times invited experts to do a state-by-state analysis presenting results in a full-page spread, culminating in a detailed map showing states Democrats were likely to win) â⬠¢ Anonymity: given free rein to publish any thought that comes to mind â⬠¢ E.g. For every worthwhile video present on the site (think Annie Leonardââ¬â¢s ââ¬Å"TheRead MoreCoaching Salespeople Into Sales Champions110684 Words à |à 443 PagesManning, Senior Vice President of Sales and Training, Dave and Busterââ¬â¢s, Inc. ââ¬Ëââ¬ËThis book will inspire you to take a fresh new look at what you have become familiar with doing every day, as you lead and interact with your sales team. Each chapter is full of approaches that have been proven to work, tools to develop better skills, and applications of concepts that are illustrated through real life scenarios. Time invested with this material will improve your coaching and interpersonal skills, whileRead MoreTop 1 Cause for Project Failure65023 Words à |à 261 Pagesto bring client stakeholders at all levels into the project team (into the extended team if there s no logical core team role) so the finished product is our movie instead of Spielberg s movie with which we need to find fl aws. â⬠¢ Jim Devine Sr Program Manager at Verizon Business Robert, the only problem I see with your movie analogy is that Ebert generally only gets an opinion AFTER the (Spielberg) project is complete and in the can. He is not a stakeholder at any level. Since I doubtRead MoreOrganisational Theory230255 Words à |à 922 Pagesthe Department of Strategic Management Business Environment and Vice-Dean of the RSM Erasmus University, Netherlands At last, a text that brings organization theory into the 21st century! This is the first organization theory textbook to provide full and informed coverage of a range of contemporary developments in the field. Notably, it includes diverse contributions to organization theory made by critical management studies. It really is pathbreaking in terms of its inclusion of material thatRead MoreLogical Reasoning189930 Words à |à 760 Pagesabout it. Does that make the case for the prosecution? 16 Dr. White: Yes, hes guilty; theres no other explanation for the evidence. I say we vote right now. Jones: Hold it, Doc. There is another explanation, and Mayfields defense attorney gave it to us. Maybe Mayfield was there all right, but just to buy a bottle of whiskey, and the clerk stole the money that night after Mayfield left. She could have hidden the cash and then called the cops. The whole case against Mayfield hangs on what
Monday, May 11, 2020
The Mission Of The Fbi - 997 Words
The mission of the FBI is to protect and defend the United States against terrorist and foreign intelligence threats, to uphold and enforce the criminal laws of the United States, and to provide leadership and criminal justice services to federal, state, municipal, and international agencies and partners. It performs these responsibilities in a way that is responsive to the needs of the public and faithful to the Constitution of the United States. History of the Federal Bureau of Investigation Charles M. Smith Drury University Abstract The Federal Bureau of Investigation was established in 1908 as the Bureau of Investigation (BOI) in Washington D.C Investigation (BOI). Its name was changed to the Federal Bureau of Investigation (FBI) in 1935. The FBI is the domestic intelligence and security service of the United States. In this paper I will show the history of the FBI, the relevance of the bureau, the mission that the department has and just an overview of the inner workings of the department. The mission of the FBI is to protect and defend the United States against terrorist and foreign intelligence threats, to uphold and enforce the criminal laws of the United States, and to provide leadership and criminal justice services to federal, state, municipal, and international agencies and partners. It performs these responsibilities in a way that is responsive to the needs of the public and faithful to the Constitution of the United States. History of the Federal BureauShow MoreRelatedThe History of the FBI Essay1521 Words à |à 7 PagesFederal Bureau of Investigation. The Federal Bureau of Investigation, also known as the FBI, is a corporation that seeks fidelity, bravery and, integrity for the United States of America. The FBI researches shocking and concerning crimes the news reports about politics, war and, safety that we hear on the television about issues that are being reported to the people. These cases of transgression are missions the FBI analyzes, such as hacking information from double spies, locating terrorists, seekingRead MoreA Strategic Plan For The Fbi1244 Words à |à 5 PagesIn order to outline the beginnings of a strategic plan for the FBI, the planner must begin with the identification of mission scope. The FBI utilizes a Strategy Management System to ââ¬Å"improve intelligence capabilities, critical incident response effectiveness, talent and technology readiness, and other performance obje ctivesâ⬠(FBI, 2010, para. 1). In the case of the Bureau, there are multiple mission scopes: Protect the United States from terrorist attack and foreign intelligence activity. CombatRead MoreWhat Classifies A Federal Agent?. Counterintelligence (Ci)1032 Words à |à 5 PagesJason Bourne. We imagine someone who jumps from rooftop to rooftop or out of helicopters to catch the bad guy. It may not be what we see in theaters, but we can paint a picture of who may be an individual within the Federal Bureau of Investigation (FBI), the Central Intelligence Agency (CIA), or any other federal agency. These entities are tasked to protect the country with utmost importance to national security. What characterizes someone to be a federal agent and why the US Army needs to set aRead MoreThe FBI : The Background History Of The FBI777 Words à |à 4 PagesDid you know it is completely legal for the FBI to misconceive a jury while under oath, in court, to ensure that the nationââ¬â¢s security is protected? Also, you can simply request a copy of your personal file from the FBI and receive it in an email. The Federal Bureau of Investigations is known for their very conspiratorial litigations and highly advanced technology, but there is a lot of information that is widely available to the public eye, in which the people have no knowledge of. I am going toRead MoreSecurity and Domestic Terrorism Essay1081 Words à |à 5 PagesEDM 501 ââ¬â Domestic Terrorism -Module 3 ââ¬â Case: Security and Domestic Anti-Terrorism (Part 1) May 2012 What are the limits of power of the FBI in pursuing surveillance of potential terrorists within and without the U.S.? In your view, is the FBI adequately organized, staffed, and trained to perform the myriad of missions tasked? Based on the readings and your research, what is the status of the USA Patriot Improvement and Reauthorization Act of 2011 and resultant action on the key divisiveRead MoreThe Role Of The FBI1236 Words à |à 5 PagesThe FBI is one of the most well known names in Law Enforcement not only in the U.S. but also around the world. As the U.S.ââ¬â¢s forefront federal Law Enforcement Agency, the FBI today is expansive and diverse in it jurisdiction, its responsibilities, and its personnel. As the principle investigation agency under the U.S. Department of Justice, the Bureauââ¬â¢s investigative jurisdiction is the most expansive of the 32 federal law enforcement agencies in the country. The Bureau is both an investigative,Read MoreThe Rights Of The United States847 Words à |à 4 Pagesconstitution is intended to protect. The Federal Bureau of Investigations (FBI) has a tremendous responsibility to keep people safe from harm. The responsibility to investigate a wide range of crimes is summed up by the mission statement of, ââ¬Å"to protect and defend the United States against terrorist and foreign intelligence threats and to enforce the criminal laws of the United Statesâ⬠(FBI, n.d.). This wide sweeping mission statement has led to questionable investigative techniques and possible violationsRead More FBIs Unique Role in the United States Law Enforcement Community1135 Words à |à 5 PagesThe Federal Bureau of Investigation (FBI) has a unique role in the United States law enforcement community. The FBI is not a national police force, unlike other nations (such as France, Italy, Spain and Columbia) where patrol units and first responders are organized under the national government. The FBI is purely an investigative and intelligence agency and focuses on cross jurisdictional crimes and nat ional security issues. Its stated mission is ââ¬Å"To protect and defend the United States againstRead MoreThe Transportation Security Administration ( Tsa )848 Words à |à 4 Pagessecurity agencies, their job is to ensure freedom of movement for trade and people while mitigating any potential threat to the United States. This is achieved in a multitude of ways from check points to undercover air marshals. The very nature of their mission requires a great deal of interagency cooperation, the TSA must works with state, federal and local agencies across the country in order to secure all its areas of operation. An example of this interagency cooperation is the inspection process a personRead MoreGovernmental Agencies and Terrorism640 Words à |à 3 Pagesthe definition of terrorism, it uses that mission as a driving facture. The CIA describes terrorism as ââ¬Å"premeditated, politically motivated violence perpetrated against noncombatant targets by subnational groups or clandest ine agentsâ⬠(n.d., para. 6). This is a simple characterization because this is exactly what they are looking for. That part of the description illustrates the specific types of acts the organizations looking to prevent. Because of its mission it also adds the definition of international
Wednesday, May 6, 2020
Kingfisher Case Study Free Essays
string(46) " Kingfisher airlines for non-payment of dues\." EISSN 2277-4955 THE KING WITHOUT FISHESâ⬠¦!!! [CASE ON CRISIS OF KINGFISHER AIRLINES] Prof. Bhavik M. Panchasara Marwadi Education Foundationââ¬â¢s Group of Institutions, RajKot, bhavikpanchasara@gmail. We will write a custom essay sample on Kingfisher Case Study or any similar topic only for you Order Now com ABSTRACT Indian Aviation Industry is one of the fastest growing markets in the world. But nowadays it is in the news due to different reason. And that is the failure of one of the leading aviation player ââ¬â Kingfisher Airlines. The airline has been facing financial issues for many years. Till December 2011; Kingfisher Airlines had the second largest share in Indiaââ¬â¢s domestic air travel market. However due to the severe financial crisis faced by the airline, it has the fifth largest market share currently. Even the company have no funds to pay the salaries to the employees and is facing several other issues like fuel dues; aircraft lease rental dues, service tax dues and bank arrears. This case outlines the financial turmoil of the Kingfisher in detail. Keywords: Aviation industry, Kingfisher Airlines, financial turmoil, financial issues, crisis and debt restructuring INTRODUCTION: Kingfisher Airlines is an airline group based in India. Its head office is The Qube in Andheri (East), Mumbai; and Registered Office in UB City, Bangalore. Kingfisher Airlines was established in 2003. It is owned by the Bengaluru based United Breweries Group. Kingfisher Airlines, through its parent company United Breweries Group, has a 50% stake in low-cost carrier Kingfisher Red. The airline started commercial operations in 9 May 2005 with a fleet of four new Airbus A320-200s operating a flight from Mumbai to Delhi. It started its international operations on 3 September 2008 by connecting Bengaluru with London. The airline has been facing financial issues for many years. Till December 2011; Kingfisher Airlines had the second largest share in Indiaââ¬â¢s domestic air travel market. However due to the severe financial crisis faced by the airline, it has the fifth largest market share currently, only above Go Air. Kingfisher Airlines is one of the only seven airlines awarded 5star rating by Skytrax along with Cathay Pacific, Qatar Airways, Asiana Airlines, Malaysia Airlines, Singapore Airlines, and Hainan Airlines. Kingfisher operates 250 daily flights with regional and long-haul international services. In May 2009, Kingfisher Airlines carried more than 1 million passengers, giving it the highest market share among airlines in India. Kingfisher also owns the Skytrax award for Indiaââ¬â¢s best airline of the year 2011. BAUDDHIK VOLUME 3, NO. -1, JAN-APRIL-2012 84 EISSN 2277-4955 STARTING OF THE CRISES: Ever since the airline commenced operations in 2005, the company is reporting the losses. But the situation became more horrible after acquiring the Air Deccan in 2007. After acquiring the Air Deccan, the company suffered a loss of over Rs. 1,000 crore for three executive years. By early 2012, the airline accumulated the losses of over Rs. ,000 crore with half of its fleet grounded and several members of its staff going on strike. Following table 1 highlights losses of the company since inception: Table 1: Net Reported Losses and debts since inception (Rs. In Crores) Year Loss Secured Loans Unsecured Loans Mar-11 -1027. 4 5,184. 53 1,872. 55 Mar-10 -1646. 22 4,842. 43 3,080. 17 Mar- 09 -1608. 83 2,622. 52 3,043. 04 Mar-08 -188. 14 592. 38 342. 00 Jun-07 -419. 58 716. 71 200. 00 Jun-06 -340. 55 448. 16 3. 50 Mar-05 -16. 79 159. 42 125. 06 DEBT RESTRUCTURING: In the situation of loss and tough financial condition, the company went for more loans. Table 1 shows the portion of secured and unsecured loans taken by the company. Due to heavy burden of debt and interest, in November 2010, the company adopted the way of debt restructuring and under that total 18 leading lenders, those have landed total Rs. 8,000 crores, agreed to cut interest rates and convert part of loans to equity. As per the contract, lenders have converted Rs. 650 crores debt into preference shares which will be converted into equity when the company lists the on the Luxembourg Stock Exchange by selling global depositary receipts (GDR). Shares will be converted into ordinary equity at the price at which the GDRs are sold to investors. Besides the 1,400 crore debt which will be 800 crore converted into preference shares, another CRISIS TILL CONTINUE: Debt restructuring also couldnââ¬â¢t change the game. By restructuring, company had reduced the interest charges by Rs. 500 crores every year, but due to the high leverage condition and increase in cost, the company started to face the liquidity problem. The company had no funds in hand and it created the following payment problems. DELAYED SALARY: Kingfisher Airline has staff strength of 6,000 and spends 58 crore on salaries a month. According 173. 66 to the first quarter financial results, it has increased from crore under the employees cost head, which has 163. 40 crore during the same quarter last year. Kingfisher Airlines delayed salaries of its employees in August 2011, and for four months in succession from October 2011 to January 2012. Kingfisher also defaulted on paying the Tax Deducted at Source from the employee income to the tax department. debt has been converted into redeemable shares for 12 years. Due to debt restructuring, the company able to down the average interest rate to 11% and to save Rs. 500 crores every year in interest cost. BAUDDHIK VOLUME 3, NO. -1, JAN-APRIL-2012 85 EISSN 2277-4955 FUEL DUES: In the past several years, Kingfisher airlines had trouble paying their fuel bills. Due non-payment, several Kingfisherââ¬â¢s vendors had filed winding up petition with the High Court. As on Nov 2011, winding up petition of seven creditors was pending before the Bangalore High Court. In the past Lufthansa Technik Bharat Petroleum Corporation Limited (BPCL) had also filed winding up petition against Kingfisher Airlines. Here are some cases: ? ? HPCL: In Jul 2011, Hindustan Petroleum Corporation Limited (HPCL) stopped the fuel (ATF) supplies for about two hours to Kingfisher airlines owing to the non-payment of dues. Situation was later resolved. ? BPCL: Bharat Petroleum Corporation in 2009 had filed a case against Kingfisher airlines for non-payment of dues. You read "Kingfisher Case Study" in category "Essay examples" High court in an order said that the entire amount 245 crore had to be paid by Nov 2010 and the airline paid it in instalments. AIRCRAFT LEASE RENTAL DUES: Since 2008, it has been reported that Kingfisher Airlines has been unable to pay the aircraft lease rentals on time. Due to that, the Kingfisher Airlines has grounded 15 out of 66 aircraft in its fleet as it was unable to meet the maintenance and overhaul expenses. Here are the some major issues with: ? GECAS: In Nov 2008, GE Commercial Aviation Services threatened to repossess 04 leased planes in lieu of default. Kingfisher Airlines initially BAUDDHIK On 9 December 2011, S. K. Goel, chairman, Central Board of Excise and Customs (CBEC) announced that CBEC is considering legal action against Kingfisher for not paying service tax. As on 10th Jan 2012, Kingfisher Airlines has service tax arrears of 70 crore. The Ministry of Finance has given a concession to Kingfisher and instructed them to pay the dues by 31st Mar 2012. In Jan 2012, SERVICE TAX: Kingfisher received a notice from the Airports Authority of India on February 2012 regarding accumulated dues of 255. 06 crore. The airline was operating on a cash and carry basis for the last six months, with daily payments amounting to 0. 8 crore. AAI REPORTS: DVB: In Jul 2010, DVB Aviation Finance Asia Ltd (a lessor from Singapore), sued Kingfisher Airlines for lease rental default. Case was filed in a UK court on Jul 16, 2010 after Kingfisher did not pay for three month lease rental for A320 aircraft it leased from DVB. denied that it missed the payments. GECAS had filed a complaint with DGCA saying Kingfisher had defaulted on rentals for four A320 aircraft, and sought repossession of the planes. In Jan 2009, The Karnataka High Court rejected petition by Kingfisher Airlines to restrain GECAS from taking any step to deregister and repossess the 04 aircraft in dispute. As a result, Kingfisher had to return the A320 aircraft to GECAS. VOLUME 3, NO. -1, JAN-APRIL-2012 87 EISSN 2277-4955 Kingfisher paid 20 crore towards its dues for operational by February 20. With this, Kingfisherââ¬â¢s market share clearly dropped to 11. 3%. The cancellation of the flights was accompanied by a BANK ARREARS: Kingfisher Airlines had not paid some bankers (Lenders) as per the Debt Recast Package (DRP) with lending banks. Till the end of Dec 2011, the arrears were estimated to be 260 crore to 280 crore. Lenders hence had told Kingfisher Airlines to clear its dues before they can release any more money sought by the Airline. Ravi Nedungadi, chief financial officer of UB Group however said that the arrears were 180 crore. State Bank of India (SBI) on 5th Jan 2012 declared Kingfisher Airlines a NPA. SBI is largest creditor and the leader of the consortium of banks in the DRP (Debt Recast Package) and has an exposure of NPA by following banks: State Bank of India Bank of Baroda Punjab National Bank IDBI Central bank of India Bank of India Corporation Bank THE CRISIS CONTINUE: During late February, 2012, Kingfisher Airlines started to sink into a fresh crisis. Several flights were cancelled and aircraft were grounded. The airline shut down most international short-haul operations and also temporarily closed bookings. Out of the 64 aircraft, only 22 were known to be 1,457. 78 crore. Thus, by Feb 2012, Kingfisher has been declared 13. 5% drop in the stocks of the company on 20 February 2012. The CEO of the airlines, Sanjay Agarwal was summoned by the Directorate General of Civil Aviation to explain the disruptions of the operations. The State Bank of India, which is the lead lender to Kingfisher airlines said that they would not consider giving any more loans to Kingfisher unless and until it comes up with a new equity by itself. Political activists also claimed that bailing or helping a private airline would lead to problems within the Government. By February 27, Kingfisher operated only above 150 out of its 400 flights and only 28 aircraft were functional. Reuters reported that if Kingfisher were to shutdown, it would be the biggest failure in the History of Indian Aviation. It was announced that the direct flights to the smaller airports of Jaipur, Thiruvananthapuram, Nagpur and also to Hyderabadââ¬â¢s Rajiv Gandhi International Airport were all shut down and only one/two-stop flights from its main hubs of Delhi and Mumbai would operate. In response to a situation as bad as bankruptcy, Vijay Mallya announced that he had organized funds to pay all the employeesââ¬â¢ overdue salaries. With bank accounts frozen and huge debts due, it is unknown so as from where he arranged the money. But he apologized to his workers and said that he would pay them immediately. By this time, kingfisher had accumulated losses of 444 crore during the third quarter of the fiscal year 2011-12. December 2011 and part of the arrears. BAUDDHIK VOLUME 3, NO. -1, JAN-APRIL-2012 88 EISSN 2277-4955 FROZEN BANK ACCOUNTS: On March 3, 2012, The Central Board of Excise Customs of India froze many more Kingfisher accounts as it was unable to pay all the dues as per schedule. Kingfisher was meant to pay 1 crore per working day. Aviation minister Ajit Singh warned the airline about the temporary suspension of the license until the crisis was sorted out. He announced that the rest of the airlineââ¬â¢s fleet would be grounded and all flights cancelled until the crisis came to an end. This would be only one step from permanently closing the airline. IATA SUSPENSION: On March 7, 2012 IATA suspended ticket sales of Kingfisher airlines citing non-payment of dues as the primary reason, and they said that sales services will only be restored once Kingfisher settles ICH (IATA Clearing House) account. IATA also immediately directed all travel agents to stop booking tickets for Kingfisher. This would affect Kingfisherââ¬â¢s business by around 30%. Kingfisher claimed that frozen bank accounts was the main cause of being unable to pay the IATA, and the airline started making alternate arrangements for the sale of tickets. Soon it became difficult for the airline to follow the much smaller schedule that it earlier released as even more pilots began to go on strike. UNCERTAINTY AHEAD: After analysing the entire scenario, there are strong possibilities of more difficult situation in the last month of fiscal year 2011-12. The company is in dilemma of finding help, but from where? 2. TEACHING NOTES 1. The purpose of the case is to make the students aware about the situation of financial crisis in any organisation. The issues involved in the case are about the financial turmoil and its effects on the business and market share of the company. 3. 4. 2. 1. Is the Problem of Kingfisher Airlines Industry Specific or Company Specific? What is the Impact of High Level of Debt on the operating performance of company? Should Government bailout Kingfisher Airlines? According to you, what are the possible ways for the company to overcome this situation? QUESTION FOR DISCUSSION: Government has refused for bailing and all the lenders and bankers have no more trust. The employees are also not able to tolerate the salary crisis and the slipping market share leads the more difficulties. Promoter Vijay Malya has to decide the way ahead. Whether is it possible to save the company? There are very few alternatives. As per the previous news, Etihad Airways was interested in investing in Kingfisher by providing equity in exchange for a stake in the airline. Also involved in the talks was the International Airlines Group, owner of British flag carrier British Airways and Spanish flag carrier Iberia. But the question is the permission by Government. So at present there is very tough situation for Vijay Malya and for the company. Will new fiscal year bring any solution for the company? Letââ¬â¢s wait and watch. BAUDDHIK VOLUME 3, NO. -1, JAN-APRIL-2012 89 EISSN 2277-4955 3. The case would be first given for individual reading for 15 min and then for 15 min the case can be discussed in groups of 4-5 students. 4. The case can be taught along with the concepts like ways to overcome the crisis and surviving strategies required to save the organisation keeping in mind the possible different options available. 5. The students can come prepared with topics of prevailing crisis in Indian aviation industry and REFERENCES: 6. other factors related to the aviation industry in detail. Cross reference can be made taking into account the strategies used by the local, market of the falling organisation. national and international players to capture the slipping http://www. flykingfisher. com/mediacenter/press-releases/kingfisher-airlinesannouncement. aspx http://in. finance. yahoo. com/news/kingfisherairlines-q3-loss-widens-033419822. html http://timesofindia. indiatimes. com/india/Kingfi sherâ⬠¦ /12258986. cms http://articles. economictimes. ndiatimes. com/2 011-12-08/news/30490358_1_pilots-industrialaction-kingfisher airlines http://profit. ndtv. com/News/Article/aai-warnskingfisher-airlines-to-settle-dues-297284 http://articles. economictimes. indiatimes. com/2 010-09-26/news/27585421_1_cash-and-carrymode-bpcl-s chairman-kingfisher-airlines http://timesofindia. indiatimes. com/business/indiabus iness/Kingfisher-may-have-to-weather-pilotstorm-next/articleshow/12214372. cms Annexure 1: Market share of Kingfisher Airlines as on January 2012 in the domestic Aviation Airline/Company Jet Airways (Including Jet Lite) Indigo Air India Spice Jet Kingfisher Go Air Share 28. 8% 20. 8% 17. 1% 16. 3% 11. 3% 5. 8% Source: http://in. finance. yahoo. com/news/kingfisher-airlines-q3-loss-widens-033419822. html BAUDDHIK VOLUME 3, NO. -1, JAN-APRIL-2012 90 EISSN 2277-4955 Annexure 2: Price Movement and Performance Charts of Kingfisher Airlines Annexure 3: Index Comparison and Ownership Pattern of Kingfisher Airlines Source:http://www. bseindia. com/bseplus/StockReach/AdvanceStockReach. aspx? scripcode=532747 Annexure 4: Comparative Balance Sheet of Kingfisher Airlines [Rs. In crores] Sources Of Funds Total Share Capital Equity Share Capital Share Appl. Money Pref. Share Capital Reserves Net worth Mar ââ¬â¢11 1,050. 88 497. 78 2. 95 553. 10 -4,005. 02 -2,951. 19 Mar ââ¬â¢10 362. 91 265. 91 7. 48 97. 00 -4,268. 84 -3,898. 45 Mar ââ¬â¢09 362. 91 265. 91 8. 11 97. 00 -2,496. 36 -2,125. 34 Mar ââ¬â¢08 135. 80 135. 80 10. 09 0. 00 52. 99 198. 88 Jun ââ¬â¢07 135. 47 135. 47 0. 00 0. 00 249. 23 384. 70 Jun ââ¬â¢06 98. 18 98. 18 0. 00 0. 00 125. 95 224. 13 Marââ¬â¢05 16. 20 16. 20 0. 00 0. 00 -2. 54 13. 66 BAUDDHIK VOLUME 3, NO. -1, JAN-APRIL-2012 85 EISSN 2277-4955 Secured Loans Unsecured Loans Total Debt Total Liabilities Application Of Funds Gross Block Less: Accum. Dep. Net Block Capital WIP Investments Inventories Sundry Debtors Cash Bank Bal. Total CA Loans Adv. FDs CA, Loans Adv. Current Liabilities Provisions Total CL Prov. Net Current Assets Misc. Expenses Total Assets 2,254. 26 682. 37 1,571. 89 673. 35 0. 05 187. 65 440. 53 88. 18 716. 36 5,380. 19 164. 18 6,260. 73 4,463. 86 62. 11 4,525. 97 1,734. 76 125. 84 4,105. 89 2,048. 14 493. 62 1,554. 52 980. 61 0. 05 164. 88 322. 49 50. 91 538. 28 4,604. 31 155. 56 5,298. 15 3,908. 03 46. 77 3,954. 80 1,343. 35 145. 64 4,024. 17 1,891. 80 316. 29 1,575. 51 1,630. 95 0. 05 147. 5 229. 84 49. 41 426. 50 3,640. 42 122. 45 4,189. 37 3,814. 63 45. 55 3,860. 18 329. 19 4. 51 3,540. 21 322. 33 43. 55 278. 78 346. 25 0. 00 48. 64 27. 16 5. 84 81. 64 832. 49 274. 29 1,188. 42 687. 31 9. 52 696. 83 491. 59 16. 64 1,133. 26 340. 77 33. 74 307. 03 357. 62 0. 41 61. 62 35. 24 422. 05 518. 91 149. 77 395. 00 1,063. 68 449. 15 6. 94 456. 09 607. 59 28. 75 1,301. 40 247. 33 16. 40 230. 93 286. 53 0. 41 57 . 26 13. 06 181. 17 251. 49 232. 03 75. 31 558. 83 434. 05 5. 93 439. 98 118. 85 39. 08 675. 80 55. 25 4. 52 50. 73 153. 09 0. 45 36. 40 8. 27 47. 08 91. 75 47. 8 35. 85 174. 88 108. 77 1. 07 109. 84 65. 04 28. 83 298. 14 5,184. 53 1,872. 55 7,057. 08 4,105. 89 4,842. 43 3,080. 17 7,922. 60 4,024. 15 2,622. 52 3,043. 04 5,665. 56 3,540. 22 592. 38 342. 00 934. 38 1,133. 26 716. 71 200. 00 916. 71 1,301. 41 448. 16 3. 50 451. 66 657. 79 159. 42 125. 06 284. 48 298. 14 Source:http://www. moneycontrol. com/financials/kingfisherairlines/balancesheet/KA02#KA02 Annexure 5: Comparative P A/c of Kingfisher Airlines [Rs. In crores] Income Net Sales Other Income Total Income Expenditure Raw Materials Power Fuel Cost Employee Cost Other Manu. Exp. Sell. Admn Exp. 56. 69 2,274. 03 680. 54 1,192. 80 997. 34 40. 89 1,802. 99 689. 38 1,108. 82 996. 85 51. 19 2,602. 62 825. 42 1,112. 85 1,062. 74 43. 79 889. 30 244. 96 408. 21 180. 39 45. 94 979. 50 247. 72 617. 56 146. 78 36. 73 625. 45 163. 04 425. 48 114. 38 5. 77 92. 98 31. 76 104. 78 29. 13 Mar ââ¬â¢11 6,233. 38 81. 58 6,314. 96 Mar ââ¬â¢10 5,067. 92 -333. 30 4,734. 62 Mar ââ¬â¢09 5,269. 17 598. 90 5,868. 07 Mar ââ¬â¢08 1,456. 28 113. 62 1,569. 90 Jun ââ¬â¢07 1,800. 21 342. 10 2,142. 31 Junââ¬â¢06 1285. 42 59. 64 1345. 06 Marââ¬â¢05 305. 55 14. 73 320. 28 BAUDDHIK VOLUME 3, NO. 1, JAN-APRIL-2012 86 EISSN 2277-4955 Misc. Exp. Total Expenses PBDIT Interest PBDT Depreciation Other Written Off Profit Before Tax Extra-ordinary items Tax Reported Net Profit Shares in issue (lakhs) EPS (Rs) Equity Dividend (%) Book Value (Rs) Per share data (annualised) 4,977. 79 -20. 64 0. 00 -70. 46 2,659. 09 -61. 95 0. 00 -150. 54 2,659. 09 -60. 50 0. 00 -83. 88 1,357. 9 9 -13. 85 0. 00 13. 90 1,354. 70 -30. 97 0. 00 28. 40 981. 82 -34. 69 0. 00 22. 83 31. 06 -54. 05 0. 00 43. 96 87. 94 5,289. 34 1,025. 62 2,340. 32 -1,314. 70 203. 02 38. 01 -1,555. 73 72. 99 -455. 35 How to cite Kingfisher Case Study, Free Case study samples
Thursday, April 30, 2020
Parenting Styles and Discipline Essay Example
Parenting Styles and Discipline Essay Parenting Styles and Discipline There are three parenting styles and who you are as a parent has a lot to do with the way your child responds to you. The authoritarian parent values obedience. The rules are clear but inflexible. Misbehavior is strictly punished. In this type of environment, it is common for children to feel fearful and for parents to use fear as a teaching strategy. The authoritarian parent teaches the child what to think as opposed to how to think since the parent makes all decisions for the child. This parent uses reward and punishment to control the childââ¬â¢s behavior. An authoritarian style can have unintended side effects. When parents rigidly discipline, children can become rigid, obsessive and people-pleasing. They may experience shame and guilt. An authoritarian style doesnââ¬â¢t teach children healthy ways for managing emotions; the focus is on accepting authority rather than learning how to make choices and distinguish right and wrong. A permissive parent allows children to learn the consequences of their actions for themselves, without providing guidance. There are no clear limits and misbehavior is often ignored. Unlike the authoritarian parent, the permissive parent offers little structure and few boundaries. Children have total freedom to act however they want. Often the parent is a slave to the child. While a permissive style of parenting may seem to support childrenââ¬â¢s creativity and provide a sense of being fully accepted, it lacks the structure they need to feel safe. Without limits, children can feel confused and insecure. It also robs the child of selfrespect and self-esteem by doing things for the child that the child can do for himself. It is an invitation for rebellion with inconsistent parenting. We will write a custom essay sample on Parenting Styles and Discipline specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Parenting Styles and Discipline specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Parenting Styles and Discipline specifically for you FOR ONLY $16.38 $13.9/page Hire Writer As with an authoritarian style, permissiveness doesnââ¬â¢t teach children how to handle their emotions in a healthy way. It also doesnââ¬â¢t support them in developing an internal moral compass. Having free license to choose behavior without considering rules or the impact on other people sets children up for failure in their relationships and at school and work. In 1971 Diana Baumrind used the classifications of ââ¬Å"Neglectfulâ⬠and ââ¬Å"Indulgentâ⬠parenting, instead of permissive, in Development Psychology Monographs. An authoritative parent is kind, but firm. Authoritative parents are respectful towards their children, and model this behavior. They set and enforce limits, clarify issues and give reasons for limits. They provide children with practice in making choices and guide them to see the consequences of their choices. They teach their children how to solve problems, even providing them with decision-making opportunities. These are essential skills in adulthood. Self-esteem flourishes as children learn to rely on their own abilities to determine right from wrong and to act accordingly. Parenting discipline has become a hugely debated subject. Discipline is often taken as a bad thing, however, discipline does not have to be automatically considered a punishment. Discipline by definition means; ââ¬Å"Training expected to produce a specific character or pattern of behavior, especially training that produces moral or mental improvement. â⬠Psychologist Dr. Leman spoke of ââ¬Å"reality disciplinariansâ⬠that ââ¬Å"try to be consistent, decisive, and respectful of their children as persons. â⬠While holding their children accountable for their actions, they encourage their children to learn. The parent should communicate to their children that they love them even though they donââ¬â¢t always love their behavior by choosing their words wisely. There are unfortunately many cases where parenting discipline is overdone. Some of this wrong discipline is done with very good intentions, all the while thinking that it will make your child a better person. However, there is a very thin line between constructive and destructive parenting discipline. Hitting or screaming at a child in the name of discipline is never a good thing. Children are very sensitive and such discipline can mark and scar them forever with very dire consequences. Parenting discipline is more teaching, showing a child the right way to do something, not just imposing or forcefully making him perform some duty given by you. No matter how good the intention the method of discipline is extremely important. Parenting discipline is a delicate matter to be approached very carefully. Do not make the mistake to presume that if something worked for you it will be the same for your child or even if it worked on for one child the same will work for another. Find the right way to discipline your child so he will happily learn and apply the discipline taught by you. I find that parenting how one sees best is the right that comes with that of being a parent. It doesnââ¬â¢t do well to criticize someone elseââ¬â¢s parenting style as inferior. Of course poor parenting may come back to cause harm to the child and even parents and society. Really each parent should strive to raise children with good attitude, behavior, and character by appropriate parenting and discipline. Works Cited Definition of Discipline. Discipline. http://education. yahoo. com/reference/dictionary/entry/discipline. Web. 20 Mar. 2013. Leman, Kevin. Making Children Mind without Losing Yours. Grand Rapids, MI: F. H. Revell, 2000. Print. Santrock, John W. Child Development Thirteenth Ed. New York, NY: McGraw-Hill, 2011. Print.
Subscribe to:
Posts (Atom)