Long Distance Rates And Revenue - 990 Words

As long-distance rates and revenue declined, the debt and expenses piled up and put pressure on WorldCom’s ability to meet key-performance indicators and earnings forecasts (J. Randel Kuhn Sutton, 2006). The line cost was the biggest expense for WorldCom and half of its total expenses. Management committed to achieve a low line cost to revenue ratio because lower ratio meant better performance and higher ratio meant poorer performance. Management focused on lowering the line cost level expense (J. Randel Kuhn Sutton, 2006). It carried out two improper accounting methods to reduce the amount of line costs (Beresford, Katzenbach, C.B. Rogers, 2003). First, it released the accruals, the amounts kept aside on WorldCom’s financial statements to pay expected bills which is also called â€Å"cookie jar reserve† from 1999-2000 (Beresford, Katzenbach, C.B. Rogers, 2003). These accruals were supposed to reflect the estimate line costs and other expenses that WorldCom h ad not yet paid (Beresford, Katzenbach, C.B. Rogers, 2003). Releasing the accrual is appropriate when it turns out that less is needed to pay the bills than has been expected to pay. Instead, WorldCom provided offset against reported line costs when the accrual was released which reduced reported expenses and increased pre-tax income (Beresford, Katzenbach, C.B. Rogers, 2003). When the accruals started to run out, WorldCom came up with another method, capitalization of line costs. WorldCom started classifyingShow MoreRelatedPublic Policy Goals For Ip Voice Services Haven1032 Words   |  5 Pagessubsidize native VOIP service in rural areas, where the value of providing service is higher due to greater distances between customers. VoIP suppliers already contribute to the federal USF on the idea of revenues from interstate and international traffic. With this call, VoIP suppliers currently should contribute to state USF programs supported their intrastate (within a state) revenues farewell as their needs don t conflict with federal law or policies. State Regulations The Commission s rulesRead MoreCompare and Contrast the Transport Principles of Economy of Scale and Economy of Distance1418 Words   |  6 Pages ID: 01 Intake: 14th [pic] Bangladesh University of Business Technology (BUBT) Submission Date: 30th December, 2010 1. Compare and contrast the transport principles of economy of scale and economy of distance. Illustrate hoe they combine to create efficient transportation? Ans: There are two fundamental principle that impact transportation efficiency Economy of scale in transportation is the cost per unit of weight decreases as the size of a shipmentRead MoreThe Boeing 7e71250 Words   |  5 PagesThe Boeing 7E7 WACC Estimation In order to evaluate the prospective IRRs from the Boeing 7E7, we first try to estimate an appropriate required rate of return for accepting this project. The capital asset pricing model is applied to estimate the cost of equity of the commercial aircraft division: R_EC= ÃŽ ²_EC*(R_M-R_f )+R_f where REC is the cost of equity capital of the commercial aircraft division. ÃŽ ²EC is the beta for the commercial division of Boeing. This beta is used instead of the company’sRead MoreMarriott Group Pricing Optimizer Essay1332 Words   |  6 Pages Revenue management has been a system long used by the airline industry to optimize revenue on airline routes. Marriott implemented their own revenue management One Yield system twenty years ago to optimize individual guest room rates and allocation. One Yield is used in 97 percent of Marriott’s 3,300 hotels in 70 different countries to handle over 75 million individual guest room transactions per year. Recently, Marriott decided to move from One Yield to Total Yield so its revenue managementRead MorePest Analysis for Pakistan Telecommunication Company Limited929 Words   |  4 Pagesbut will also generate new revenue streams for future growth. The company also continued to invest in infrastructure development and addition of network capacity with a view to enhance services and to expand its reach across the country. SWOT ANALYSIS Strengths †¢Largest operational network and infrastructure within ICT (Information amp; Communication Technologies) segment. †¢An integrated Monopoly. †¢ Market leadership in Local loop, Wireless local loop (WLL) and fixed telephonyRead MoreAirborne Express Case Study1691 Words   |  7 Pagesof competition amongst firms. While there was a 15-20% increase in shipment volumes per year for the past decade, the prices have fallen, which hindered large growth of revenues of the industry. The growth rate of revenue was a mere 10-15% since the firms were in a sense doing more work for less money. This low individual growth rate signifies high intensity of rivalry. Another reason why the industry has high intensity of rivalry is because the service is largely undifferentiated since the basic infrastructuresRead MoreOcean Carriers Solution Essay865 Words   |  4 Pagesdetailed understanding of the various calculations, the reader of this analysis is welcome to have a closer look at our model. 1. Do you expect the daily spot hire rates to increase or decrease next year? Although we expect the iron ore exports to take off in the next few years, our expectation as to next year`s spot rate is rather pessimistic. This is mainly due to the decrease of the demand in iron ore vessel shipments highlighted in exhibit 5. Meanwhile there will be a delivery of 63Read MoreStatement of Purpose to Attend University of Northern Colorado (UNC) and Mesa State University616 Words   |  3 Pageswell they fit my needs of having a short-distance college with exceptional. UNC and MSU are both close to home. They possess the educational programs I desire along with respectable baseball programs. When it comes to differences, living accommodations would be quite different between UNC and MSU. Following those lines, the graduation rates are also significantly different between the two. Even though MSU is a credible college, the graduation rate and distance from home could cause problems during dailyRead MoreWalmart: A Strategic Management Case study Financial Perspecti ve959 Words   |  4 PagesEDLP strategy of Wal-Mart by leveraging purchasing scale has pushed down prices compared to other retailers. Average prices in Kmart and Target is at least 10-15% higher than Wal-Mart and focuses its competition on product variety and quality. Revenue growth of Costco during 2008-2012 (22.64%) is almost doubled that of Wal-Mart (11.86%) during the same period. Target had a moderate growth of 11%. The % of sales of large scale suppliers like PG, Lever, PepsiCo, and Kraft with Wal-Mart is higherRead MoreOcean Carriers Case Analysis795 Words   |  4 Pages1. We expect the daily hire rates to increase from 2001 to 2002, but then to decrease overall in the long term based on the assessment of the consulting firm. The consulting firm based their forecast on higher demand in iron ore shipments. They claim demand in iron ore shipments has historically shown a strong correlation with charter rates, and we believe this makes sense. Vessel size, distance of route, and demand for ore/coal are drivers of daily rates. Per the case, technological developments

Industrialization Of Child Labor During The Industrial...

While some might debate that Industrialization had primarily negative consequences for society because of child labor, it was essentially a positive thing for society. Industrialization’s positive effects were new laws to improve working conditions, production increased, and merchandise became cheaper. There were numerous negatives that the Industrial Revolution brought with it; nonetheless the positives out-weigh it in today’s society. Because of the child labor during the Industrial Revolution today’s society currently has laws to improve the working conditions of every employee. Children are no longer able to be employed into a business or factory, nevertheless when they were able to be employed, the production of merchandise increased causing it to become cheaper. These remain just minor parts of the Industrial Revolution. The reasons that the Industrial Revolution was a positive thing was that it had laws that improved working conditions, production had inc reased, and merchandise became cheaper. Child labor was a horrendous problem during the Industrial Revolution in the 1800s. It caused countless children to subsist in treacherous working conditions for low pay for an extensive period of time; nevertheless without it there would have been no laws that could protect them. Therefore, later in the Industrial Revolution, there came child protection laws that ended child labor. One of the ways that new child labor laws came into being because of John Wesley and theShow MoreRelatedSecond Industrial Revolution1000 Words   |  4 PagesSecond US Industrial Revolution, 1870 -1910 Darris Adkins Abstract In this brief paper, a description of two developments of industrialization that positively affected the United States and two developments that negatively affected the United States will be discussed. An analysis of whether or not industrialization was generally beneficial or detrimental to the lives of Americans and the history of the United States will be outlined. Second US Industrial Revolution, 1870 -1910 In this briefRead MoreThe Industrial Revolution and the Deterioration of the Traditional Family 1216 Words   |  5 PagesIn 1785, Thomas Jefferson said Those who labor in the earth are the chosen people of God (Jefferson 1). These words helped shape America for the next hundred years. American families worked hard on their agricultural properties reaping the rewards of the American dream. Then, in the late nineteenth century, the United States of America was hit by the worldwide phenomenon known as the Industrial Revolution, and the U.S. was transformed into an industrial colossus. The vast lands of America made abundantRead MoreIndustrialization Of The Second Industrial Revolution1390 Words   |  6 PagesThe Second Industrial Revolution, which reached its peak during 1870 to 1914, marked a significant turning point in American history. Before this era of progression and industrial excellence, America was on the verge of expansion like never before. From the vast amounts of land gained through the Annexation of Texas in 1845, the British retreating from Oregon in 1846, and the Mexican cession of Southwest territory guaranteed by the treaty of Guadalupe-Hidalgo of 1848, (Engelman) America was ableRead MoreThe Best And Worst Of The American Industrial Revolution1309 Words   |  6 PagesThe Best and Worst of the American Industrial Revolution Paradoxes as well as contradictions have been expressed in describing previous time periods. Stated from A Tale of Two Cities by Charles Dickens, â€Å"It was the best of times, it was the worst of times...for the good or for the evil, in the superlative degree of comparison only† (Dickens 1). Specifically, Dickens had referred this quote to a French revolution, but the statement can pertain to many other historical events and continues throughRead MoreCauses And Effects Of The Industrial Revolution1649 Words   |  7 PagesThe Industrial Revolution The Industrial Revolution was an extremely significant revolution due to the monumental change into mass production. There were many different causes and outcomes of the Industrial Revolution. The Industrial Revolution impacted people and industries all around the world, prompting changes in many societies. For example, the Industrial Revolution initiated in Britain, but eventually found its way to America. After this, it impacted many other countries who desired the sameRead MoreModern Day Economic Conditions During The Industrial Revolution875 Words   |  4 Pagesthey were industrializing, China most closely resembles Britain as it entered into the industrial revolution. Today, China is one of the fastest growing industrializing economies in the world (GDP growth rate ~8%) and can credit this to their shift from an agrarian economy to an industrial economy, their abundance of natural resources, cheap labor, and rapid urbanization. A common underpinning for industrialization in 18th century Britain and modern day China is that both took advantage of a large abundanceRead MoreIndustrialization During The 19th Century Essay1550 Words   |  7 Pages During the 19th century in England and other areas of Europe and era of industrialization occurred, which led to the construction of numerous factories equipped with new machines. Significant strides in both communication and transportation occurred during this time period. These factories altered the way that products were manufactured. They took assembly out of people’s homes and into a mass production setting. Although products became cheaper and improved the standard of living for someRead MoreIndustrial Revolution: How Did the Industrial Revolution Transform Society?883 Words   |  4 Pages2. How did the Industrial Revolution transform society? During the 1700s, manufacturing companies in Britain began producing goods in a completely new way that would soon spread across Europe and then across the world. Inventors built remarkable machines. New forms of power, such as steam, replaced the strength of human and animals. The factory system of making goods also came into use. All of these advances affected patterns of living as well as working. Because society was so transformed, thisRead MoreIndustrial Revolution After The Civil War956 Words   |  4 Pages The Inusterial Revolution after the Civil War Between 18-19th centuries after the Civil War, a chain of events occurred that brought about several changes in the way that people lived and worked in the United States.This period ranges from the time when cities started growing rapidly because human hand labor was drastically changed to machine labor. These events started the American Industrial Revolution, which later affected African American socially, economically and politically. However, manyRead MoreIndustrialization After Civil War1523 Words   |  7 PagesAssignment 1.2 Industrialization After the Civil War Final Paper Student’s Name—Lacey Jaslaine Young Course Number –HIS 105 ------------------------------------------------- Quarter Name and Year—Fall Quarter 2015 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- 1. Introduce your paper with your previously crafted thesis statement

Subculture with Sikh Community-Free-Samples-Myassignmenthelp.com

Question: Dicuss about Community of your choice. Answer: Introduction In order to understand subculture, it is important to have first a clear idea about culture. Culture, as defined by Ravelli and Webber (2014), is a complex collection of values, beliefs, behaviors and material objects shared by a group and passed on from one generation to the next. This paper attempts to define subculture from the Canadian context. The community chosen for the purpose is the Sikh Motorcycle Club, run by the Sikh community in Canada. The Canadian Culture The formation of Canadian culture can be attributed to the intricate and diverse set of geographic, historical and social circumstances. As per the views of Margaret Atwood, an eminent Canadian writer, the harsh physical environment has played a significant role in shaping the culture of the country (Ravelli Webber 2014). Viewing from the social perspective, Canadas culture is largely shaped by the cohabitation of and conflict between the French and the English. Another interesting aspect of the Canadian culture is that historically, Canada defines its culture based on its difference with America. In the book Exploring Sociology: The Concise Edition, authors Bruce Ravelli and Michelle Webber mentioned about the change in culture in order to address the novel challenges posed by the current era in both social and technological field. These changes often give rise to subcultures. Defining Subculture with Sikh community as an example The authors have defined subculture as the group within a population that possesses a culture that is distinct from the main culture. The presence of subcultures brings diversity to a country and Canada is blessed to home variety of cultures. Although subcultures are mostly based on ethnicity, religion and race, it can also relate to sexuality, age, occupation and gender amongst others. It is evident that the existence of subcultures depends on the main culture and without it there would be no subculture (Ravelli Webber 2014). Culture is viewed from the perspective of sociology as well by the authors. They presented views of various functionalists and sociologists on culture and subculture. According to the functionalists, culture is the way of integrating and building on similarities and establishing a sense of community. Conflict theorists, on the other hand, define culture as the vehicle to promote and maintain social inequality. Symbolic interactionists defined culture as create d and re-created through social interaction. Canada is a nation that boasts and upholds the presence of different types of subcultures and allows them to prosper. Ravelli and Webber (2014) provide certain facts in the book that demonstrates Canadas acceptance of multiculturalism. They mention the work of the American sociologist Seymour Martin Lipset who researched that Canadians are more community oriented than Americans and more appreciative of racial and ethnic variation (Lipset, 1997). The Little Italy neighborhoods in Toronto, Chinatown in Vancouver, the Jewish community in Montreal and the black community in Halifax are some of the many subcultures present in Canada. One of the dominant subcultures present in Canada is the Sikh Community in Surrey. The Sikh community constitutes 1.4% of the total Canadian population and boasts of having representatives in the Cabinet as well. One of the most renowned clubs run by the Sikh community in Canada is the Sikh Motorcycle Club. The club was founded in 2003 by the sincere efforts of Avtar Singh Dhillon however; the first attempt at this was made in 1999 after years of campaigning for the right of Sikhs to be exempted from helmet laws, as they wear turbans (Sikhmotorcycleclub.org, 2018). However, with each passing time, the clubs initiatives broadened and they started organizing charity events and participating in social activities. In 2017, the club organized a protest rally where riders from all communities and race took part. It was held against crimes and drugs in the city of Surrey. The rally was organized particularly to send a message to the government regarding the safety and security of the children mostly belonging to the minority group or the subculture (Cbc.ca, 2018). The club expanded in quick time and comprised more than 100 members. They had the backing from the government as well and native Canadian s too have showed good support to the club mainly because of its noble initiatives. Conclusion The presence of this subculture further establishes Canada as a multicultural country with no biases against any minority community. However, certain statistics reveal that biases do exist in Canada where people do not favor a Sikh leader to lead the country. It contradicts the generally held notion that subcultures exist peacefully in Canada and that people would prefer joining that subculture. References: Cbc.ca. (2018).Motorcyclists ride through Surrey protesting crime, drugs.CBC News. Retrieved 27 February 2018, from https://www.cbc.ca/news/canada/british-columbia/surrey-crime-motorcycles-1.4250691 Lipset, S. (1997).American exceptionalism. New York: Norton. Ravelli, B., Webber, M.(2014). Exploring sociology. Pearson Education Canada. pp 89-103 Sikhmotorcycleclub.org. (2018).History.Sikhmotorcycleclub.org. Retrieved 27 February 2018, from https://www.sikhmotorcycleclub.org/history

Work and Organizational Psychology †Free Samples to Students

Question: Discuss about the Work and Organizational Psychology. Answer: Introduction: In the case study, it is been pointed out that the team at Fire art is not able to collaborate and develop positive synergies amongst the team mates. A new director of strategy has been appointed just now and he has a sole task of building and managing the team. Teamwork being essential to an organisations success, the onus is on Eric for the same. In the process, there are certain difficulties as some of the mangers at fire art are not able to contribute much to the team as their views and opinions are suppressed by director of sales and marketing, who in himself is a magnanimous personality with bundles of energy exuberating out of his personality. The problem with him is, difference in ideology in comparison to other team members, due to which tension prevails during team meetings. In the report it will be discuss as to what are the problems faced by the organisation due to lack of team work, what are the challenges hurdling the process , and using some organisational theories , how the problems can be turned over. It empowers team members with good accountability towards their job, a sense of ownership, higher decision making power, and thus boosts the morale of an employee(Lynn, Plat Reilly, 2016) Helps organisations to capitalize on the knowledge and the motivation of the team members (Goetsch Davis, 2014) Helps the organisation in loosing of its bureaucracy and promotes greater flexibility and responsiveness. Serves as a pool of multiple free lowing ideas, which further leads to better strategic decision making (Hu Liden, 2015) Failure of team work The company in the case study is Fire art, a family owned business, successfully running for last 80 years and serving the Midwestern clients, and has positioned itself in the mind-set of consumer as high quality and high pricing company. With the advent of globalization and changes in the technologies, cheaper machinery and many players, the sales of the companies are falling rapidly. Hence, the burden is on the managers to come up with the strategies to buckle up and increase the sales, the same can be achieved only with contribution of everyone and all of them coming together as a team. Major challenge at hand is, the director of sales and marketing, Mar. Randys attitude towards the fellow team mates and other divisional managers, it comes as the biggest hurdle in the creation of positive synergies towards a common goal. Mr Randy believes that, groups in companies are absolutely useless and consensus is a mediocre concept. He also has another belief, in which he believes strongly that, in a company its only efforts of meticulous people who comes up with a brilliant plan and strategy, and rest everyone just follow the leader, disbeliever of team work and team efforts. Solution to the problem at hand: Team building activities helps the team members get out of their zones and break the cultural barriers, which could possibly cause friction among the team members. The team building activity will help them open up to each other and create an atmosphere of friendliness despite the individual positions (Levi, 2015) Personnel counselling of Mr Randy with the HR head or a person of higher experience than him, and make him understand the importance of team work and the possible benefits for the organisation. Also, it is important to make him understand; team work will not make him loose his individuality, but, would increase his respect in the eyes of his team mates (Brand, 2014) Inculcate a habit of posting anonymous feedback after every team meeting or in general business operations, this will help the management in analysing problems with certain employees, which then could be tackled with the help of counselling (Tucker Abbasi, 2015) It is must and should that division of work should be clear, no one can interfere in the work of other person, until and unless required. This division of work would keep all the employees in the limits of their task and prevent any poking from other team members(Chimel, Fraccaroli Sverke, 2017) Another important aspect of successful team meeting is presence of a strong influential meeting coordinator. His role is to ensure everyone participates and contributes towards the objectives of meeting .He should ensure the decorum and timelines of the meeting and also make it really fruitful, with clear identified goals to focus in meetings, the participation would increase. The meeting coordinator should also take care of any miscreant, whose only purpose is to waste the time of other team members by disrupting the meeting, such person should be dealt with authority and harshness even after repeated warning (Li Lam, 2013) Tuchman teamwork theory should be put to use in the organisation. The theory has 4 components attached to it, starting from forming, storming, norming which ultimately leads to performing. This framework, if adopted would drastically improve the team meeting at fire art and lead to developing of positive synergies.(Betts Healey, 2015) Conclusion: Fire Art Company is in the business of making wine goblets, beer steins, ashtrays and other glass novelty since last 80 years. Its a family owned business which has earned its reputation in the market because of its high quality. It is considered to be one of the best in the market. The company in the recent times is not able to live up to its potential and the sales are going down. The management wants to rework on the strategy and it requires cooperation from every individual members. Some miscreant is not allowing this to happen. Certain techniques can work in the favour of company which would help them in conducting successful team meetings, some of the strategies as discussed are counselling, team building activities, feedback sessions, division of work. Trumans revolutionary theory on team work is of great advantage for any company who wants to have constructive team meetings, using all the above would help Eric in getting desired outcome from the team meetings. References: Lynn, G.S. Polat, V. and Reilly, R.R 2016, Team Trust and Team Learning in New Product Development Projects. InLets Get Engaged! Crossing the Threshold of Marketings Engagement Era(pp. 639-640), Springer, Cham. Goetsch, D.L. and Davis, S.B., 2014. Quality management for organizational excellence. Upper Saddle River, NJ: Pearson. Hu, J. and Liden, R.C., 2015. Making a difference in the teamwork: Linking team prosocial motivation to team processes and effectiveness. Academy of Management Journal,58(4), pp.1102-1127. Levi, D., 2015.Group dynamics for teams. Sage Publications Brand, T., 2014. Basic counselling skills.SAMJ: South African Medical Journal,104(7), pp.510-511. Tucker, R. and Abbasi, N., 2015. The architecture of teamwork: examining relationships between teaching, assessment, student learning and satisfaction with creative design outcomes.Architectural Engineering and Design Management,11(6), pp.405-422. Chmiel, N., Fraccaroli, F. and Sverke, M. eds., 2017.An Introduction to Work and Organizational Psychology: An International Perspective. John Wiley Sons. Betts, S. and Healy, W., 2015. Having a Ball Catching on to Teamwork: An Experiential Learning Approach to Teaching the Phases of Group Development.Academy of Educational Leadership Journal,19(2), p.1.. Li, M.P. and Lam, B.H., 2013. Cooperative learning.The Active Classroom, The Hong Kong Institude of Education.