Play opens aboard a ship in the midst of a tempestuous storm Essay Example

Play opens aboard a ship in the midst of a tempestuous storm Essay Example Play opens aboard a ship in the midst of a tempestuous storm Essay Play opens aboard a ship in the midst of a tempestuous storm Essay Essay Topic: The Tempest Act One Play opens aboard a ship in the midst of a tempestuous storm. The king of Naples and his entourage enter. They dont seem to realise the full importance of the storm much to the annoyance of the Boatswain; you mar our labour, keep your cabins, you do assist the storm. The king and his entourage return to their cabins to pray as they realise their doom. The next scene introduces us to Miranda and her father Prospero Miranda confronts her father because she believes he conjured up the storm; if by your art (my dearest father) you have the wild waters in this roar, allay them. Prospero tells her no harm was done to anybody aboard the brave vessel Miranda learns how they came to be on the island. Prospero was the Duke of Milan but his brother usurped him and left Prospero and baby Miranda drift out to sea in a leaky boat. Miranda is clearly shocked by his story; your tale, sir, would cure deafness. Prospero sends Miranda into an enchanted sleep and calls Ariel. Ariel tells Prospero nobody was hurt in the ship wreck; Not a hair perishd: on their sustaining garments not a blemish. Ariel asks Prospero, after twelve years of service if he will free her. Prospero angered, tells the story of how he freed Ariel from Sycoraxs magic and then agrees to release Ariel; After two days, I will release thee. Ariel leaves and Caliban is called upon by Prospero; Come forth I say. come thou tortoise. Prospero hates Caliban for trying to rape Miranda; thou didst seek to violate the honour of my child. Caliban hates Prospero too, and recalls how he was once the ruler of the island, before Prospero and Miranda arrived; this islands mine, by my mother Sycorax. Caliban leaves and Ariel returns with Ferdinand, Prince of Naples believing his father is dead. Both Miranda and Ferdinand upon sight of each other are smitten. Miranda is curious for shes never seen another man; what is t spirit? Prospero tells Ferdinand he must work for him before marrying Miranda. Act Two Scene opens with Alonso, the King upset because he thinks his only son Ferdinand is dead. Gonzalo is doing his best to comfort the King to no avail and Sebastian and Anthonio make a joke out of it all and mock Gonzalos good nature. Fie, what a spendthrift is he of his tongue! Ariel enters and sends Alonso, Gonzalo, Adrian and Francisco into an enchanted sleep. Anthonio and Sebastian plot to kill Alonso and Gonzalo. Here lies your brother. if he were that which now hes like (thats dead) whom I with this obedient steel three inches of it can lay to bed forever Ariel awakens Gonzalo and the others just as Sebastian and Anthonio raise their swords. ALONSO: Why are you drawn? Sebastian and Anthonio say they heard a hollow burst of bellowing and drew their swords. They are believed. Play cuts to Caliban cursing Prospero. All the infections that the sun sucks up from bogs, fens, flats, on Prosper fall and make him by inchmeal a disease! Trinculo, the court jester enters and Caliban mistakes him for one of Prosperos spirits and hides under his cloak. Trinculo gets under the cloak to hide from the rain and thinks Caliban is a strange fish Were I in England now (as once I was) and had but this fish painted, not a holiday fool there but would give a piece of silver. Stephano, the court Butler enters rather drunk and singing. He sees what he believes is a two headed beast and gives him some wine to remove his fit Caliban has never tasted alcohol before and likes it so much he believes Stephano is a God and looks upon him as a new master. Trinculo and Stephano are reunited when Stephano realises that Caliban doesnt have two heads really. Act Three Prospero has set Ferdinand the task of carrying heavy logs. Miranda offers to help him but he declines. This my mean task would be as heavy to me as odious, but the mistress which I serve quickens whats dead, and makes my labours pleasures. As Miranda and Ferdinand grow closer, Prospero enters and Miranda pleads with him to stop being so harsh to Ferdinand. Miranda agrees to marry Ferdinand. I am your wife, if you will marry me; We now see Caliban, Stephano and Trinculo again all drunk. Ariel wreaks havoc between them by imitating Trinculos voice calling Caliban a liar. Caliban becomes aggravated and Stephano punches Trinculo. Trinculo, if you trouble him any more ins tale, by this hand, I will supplant some of your teeth. Together they plot to kill Prospero and then Stephano will become King of the island. Ariel hears everything and returns to Prospero. This will I tell my master. Scene three opens with the royal party again. Anthonio and Sebastian are still plotting to kill the King and Gonzalo. Prospero conjures up a banquet for the King and his entourage. Alonso is amazed. What harmony is this? My good friends hark! The strange shapes have put down a banquet and vanished. The party go to eat the food and Ariel enters disguised as a harpy and the banquet vanishes. Ariel addresses the Royals who stand amazed and fearful at the sight of the harpy. You are three men of sin, whom destiny that hath to instrument this lower world and what is int, the never surfeited sea hath caused to belch up you Once Ariel leaves, Alonso remorses his involvement in the vanquishing of Prospero and his daughter and believes that destiny killed his son because of it. The name of Prosper. It did bass my trespass. Therefore my son Ith ooze is bedded. Sebastian and Anthonio still do not see sense and vow to fight their legions oer. Act Four Prospero explains to Ferdinand that if the tasks he set were too harsh it was because he wanted to see whether Ferdinand was a suitable match for Miranda. If I have too austerely punished you, your compensation makes amends, for I have given you here a third of mine life. Prospero warns Ferdinand that if he takes Mirandas virginity before they are properly married then he shall make them childless. Ferdinand assures him he will preserve Mirandas honour. Ariel is called upon to conjure a masque. Enter Iris, Junos and Ceres, the cosmic union of earth and air, fire and water and they sing songs of chaste love. Upon this man and maid, whose vows are that no bed-right shall be paid till hymens torch be lighted. Iris calls upon nymphs and sickle men to perform a dance. This represents to Miranda and Ferdinand a dance of fertility. Prospero remembers the plot to kill him by Caliban and his new master Stephano and becomes angry. I had forgot that foul conspiracy of the beast Caliban and his confederates against my life. Ariel informs Prospero that Caliban and company are all drunk; red-hot with drinking, so full of valour they smote the air Prospero decides to make his enemies suffer. Caliban, Stephano and Trinculo enter and discover a line of glistening apparel They take the clothes and try them on. Ariel has led them through bracken and brambles and swamps and they have lost the remainder of their alcohol. Caliban grows impatient and reminds Stephano of the plot to kill Prospero. Prospero unleashes his spirits in the shape of dogs and hounds, on Caliban, Stephano and Trinculo. Go charge my goblins that they grind their joints with dry convulsions. Act Five Ariel gently persuades Prospero to take pity on the King and forgive his enemies. In a bid to end everyones suffering, Prospero calls the Royal Entourage into a circle with his magic. Ye elves of hills, brooks, standing lakes and grovesand deeper than ever did plummet sound Ill drown my book. At the end of his long speech where he vows to give up magic and live his last days as mortal, the Royals are stood in a circle around him charmed. Awakening from their trance, the Royals gasp at the sight of Prospero. Behold, sir King, the wronged Duke of Milan, Prospero! Prospero tells the King of the plot Sebastian and Anthonio devised to kill him and tells Anthonio his opinion of him. He then forgives Anthonio for his wrongdoing. Whom to call brother would even infect my mouth, I do forgive thy rankest fault. Prospero then brings in Ferdinand and Miranda and Alonso is overjoyed that his son is not dead and also that he has found a wife. Miranda is amazed by the circle of men and touches them all in turn. O wonder! How many goodly creatures are there here! The Boatswain and the Master enter and takes everyone to the newly recovered ship that but three glasses since we gave out split is tight and yare and bravely rigged as when we first put out to sea. Before they leave, Ariel drives in Caliban, Stephano and Trinculo. They are all punished for their plot and actions. Caliban seeks forgiveness from Prospero and regrets ever worshipping Stephano. What a thrice-doubled ass was I to take this drunkard for a god and worship this dull fool. Ariel is freed by Prospero, and vanishes immediately. Once everybody has returned to the ship, Prospero delivers a long speech in which he relinquishes his magic for his dukedom. He talks subtly about his death, which he believes will come very soon after he returns to Milan. But release me from my bands with the help of your good hands. And my ending is despair, unless I be received by prayer Let your indulgence set me free.

The 6 Hardest Interview Questions of 2016

The 6 Hardest Interview Questions of 2016 According to the Five O’Clock Club, the days of â€Å"So, do you have any questions for us?† are over. Interviewers are getting much more devious in the questions they’re asking candidates to get them thinking outside the box. Sometimes tough interview questions can mean a higher job satisfaction rating later on. Here are some of the hardest interview questions from 2015 and what you might expect in 2016: 1. â€Å"How much would you charge to wash all the windows in Seattle?†Questions like this are designed to see how quickly and well you think on your feet. Will you go the long road and try to estimate how many windows there are in all of Seattle? Or fire back a fixed price per window or per hour? Either way, be sure to explain your thought process to your interviewer, as that’s what your interviewer is most interested in hearing.SEE ALSO:  How Would You Answer This Crazy Interview Question?2. â€Å"Explain a database to your eight-year-old neph ew.†This is a Google standby to see if you can translate tech speak into normal-person speak. Especially if you’ll be interacting with clients, it’s crucial to be able to explain what you do in plain English. Keep it short and sweet and clear.3. â€Å"What did you have for breakfast?†This is a double punch of catching you off-guard and seeing whether you’ll fit in. If it’s a granola crowd and you had bacon-wrapped sausages for breakfast, you might be in trouble. The best strategy is just to be yourself. It’s better to fit in somewhere else than work in a climate that doesn’t suit you.4. â€Å"Describe the color yellow to someone who is blind.†How creative are you? Are you sensitive? Able to express the abstract and think outside the box? This is a test of your wits and your insight, but if you train yourself to look at things from multiple angles, you’ll be better prepared for this kind of question.5. â€Å"If you sat down at your desk and found 1,000 emails in your inbox but you could answer only 300 of them, how would you choose?†What are your priorities? How do you triage under fire? Are you organized? Do you have the right sense of what’s important to the company? The best answer is usually that you’d prioritize emails from your biggest client, your boss, or anything super-important or time-sensitive. Everything else can wait.6. â€Å"Tell me about a time when you had a disagreement with your manager. How was it resolved?†This is actually a classic question, but always a good one to prepare for. Don’t bad-mouth anyone, least of all your former boss. Simple  give a bit of context, keep your cool, and breeze past it to show that you’re not afraid of conflict, and  you’re able to be mature and keep on moving forward.

Consumer behaviour and organic food purchases Essay

Consumer behaviour and organic food purchases - Essay Example Present scenario is marked by an increasing requirement as well as craving for organic food by the consumers. This is so because they find organic food qualifying their parameters of quality and safety. Also the agricultural principles and practices of organic food are not harmful for the environment. The graph of this requirement may touch new heights in the future. Not all the countries have a uniform and same picture regarding the nature, standard and figure of production ,yet there is a remarkable swell in the number of organic farms in all European Union (EU) Member States since the 1992 reform of the common agricultural policy (CAP) However, in total just under 2 per cent of all agricultural area is devoted to organic farming, on more than 1 per cent of all agricultural holding (Hau and Joaris, 2000) .Study reveals that (Hau and Joaris, 2000).Producers provide two causes behind this growing inclination towards organic farming. The first impetus was given by the embracement of t he 1992 Mac Sharry reform that maintained the 'principle of decoupling' that formed the disassociation between market price and income support. EC Regulation 2078/92 administers it thereby compensating those farmers who are dedicated to agricultural means that are least unhealthy for the environment and are practicing moderate and mild agriculture not severe one. Council regulation 2078/92 brought into practice some agri-environmental ways that will boost up the sustention and conservation of organic farming. One such way is financially assisting organic farmers by paying up if they suffer any income failure during the conversion. The second reason accounting for the increasing interest in organic farming is situated in financial context-bigger financial benefits of the farmers in a saturated agricultural market. The production of organic food has seemed to have formed a distinct and important part of market. Small farmers, mostly conventional, who are unable to extract large gains in agricultural productions dominated by progressive technologies, are specially inclined toward organic food production (Shifferstein and Oude Ophius, 1998). So for the causes that are environmental and ethical both there is a certain political enthusiasm and appeal to raise the percentage of organic food production. Some agricultural catastrophes as pig plagues, mad cow disease and the foot and mouth disease acted as catalyst in providing a positive impulse to the interest in organic food production. But there are few impediments too in the way of enlarging the size of production. One major obstacle is that consumers find organic food a little more costly as compared to normal food. So, certain reluctance is visible in

Tan Dun Essay Example | Topics and Well Written Essays - 250 words

Tan Dun - Essay Example During the 1980’s Tan moved to New York City and enrolled in Cambridge University where he was educated in both classical and contemporary composition and music. From here Tan realized that he could take and combine all these musical influences and produce his own unique sense of style and form. Tan’s creative and broad works have left an everlasting mark on the world of music, distinctly reflecting his own concepts, ideas and individuality. Tan takes both western and eastern music and combines it with natural elements like paper, water, and wood producing a rich style of unique and exceptional composition. Some of Tan’s earlier and notable works are the Ghost Opera featuring a string quartet in 1994, Marco Polo an opera composed in 1995, and Symphony 1977: Heaven, Earth, Mankind an orchestra played in 1997 with bianzhong bells (â€Å"Tan Dun†). One of his most famous and praiseworthy works is the masterpiece for Crouching Tiger, Hidden Dragon for which he deservedly received an Oscar Award as the best original score. In 2003, Tan brought the world of western music to the rural villagers of Hunan is his performance of The Map. That same year he also premiered the Paper Concerto at the opening of Walt Disney Concert Hall in Los Angeles (â€Å"Tan Dun†).

Wildlife Management Plan :: management of grassland birds

COVER The vegetation on this property is classified into 7 cover types (Fig. 3 and Appendix B). The property is largely dominated by agricultural land. Approximately 350 ac (141 ha) out of the 410 ac (165 ha) are cultivated for crop production. The dominant four crop types are soybeans, alfalfa, corn, and oats. The overstory consists of white oak (Quercus alba), black walnut (Jugalns nigra), and American elm (Ulmus americana). The shrub layer is sparsely located around the property and contains a lot of blackberry (Rubus allegheniensis), raspberry (Rubus idaeus), serviceberry (Amelanchier spp.), American halzelnut (Corylus americana), and staghorn sumac (Rhus typhina). The understory vegetation, located in the wooded areas on the property consists of bracken fern (Pteridium aquilinum), common plaintain (Plantago major), mayapple (Podophyllum peltatum), Pennsylvania sedge (Carex pensylvanica), grasses (Poa spp.), Mosses (Sphagnum spp.), dandelion (Taraxacum officinale), common mullein (V erbacum thaspus). A complete list of plant species can be found in Appendix B. STATUS OF WILDLIFE POPULATIONS: Inventory techniques used to identify wildlife consisted of direct observations, input from the landowner, and signs from the different wildlife species. Common bird species present on the management area were American robin (Turdus americanus), American crow (Corvus brachyrhynchos), European starling (Sturnus vulgaris), barn swallow (Hirundo rustica), red-winged blackbird (Agelaius phoeniceus), sandhill crane (Grus canadensis), blue jay (Cyanocitta cristata), white-breasted nuthatch (Sitta carolinensis), bald eagle (Hallaeetus leucocephalus), turkey vulture (Cathartes aura), and red-tailed hawk (Buteo jamaicensis). Direct observations and input from the landowner identified these commonly found mammalian species: eastern chipmunk, (Tamias striatus), eastern gray squirrel (Sciurus carolinensis), white-tailed deer (Odocoileus virginianus), coyote (Canis latrans), raccoon (Procyon lotor), red fox Vulpes vulpes), red squirrel (Tamiasciurus hudsonicus), eastern cottontail (Sylvilagus f loridanus), and Virginia opossum (Didelphis virginianus). Within our management property western meadowlarks and badgers are not as commonly found as white-tail deer. Grassland bird species are limited to small parcels of the property due to a lack of necessary habitat. Badgers have been seen on an infrequent basis within the management site. White-tail deer are seen at low densities and have the potential be more abundant with the right management plans. See Appendix C for a complete listing of wildlife species. REQUIREMENTS OF TARGET SPECIES: The first objective of our wildlife plan is to increase the density of the American badger population on the management site. American badgers are commonly found in open treeless habitats and grasslands (Scobie 2002).

Mananaging finance

This report will concentrate on the performance of the two aviation companies, Hong Kong-based Cathay Pacific Ltd. and Singapore-based Singapore Airlines. The report will try to help the potential investor in the Asian airline industry to assess the prospects of both companies and their riskiness in regard to each other and the industry as a whole as well as the returns both companies have to offer to compensate for the risk of their financial position. 1. Profitability, growth, return on investment Profitability of the company is indicated by the return on equity ratio that shows the dollar return on each dollar of investment: Return on equity (ROE) = net income/ stockholders’ equity Cathay has a ROE of 1,604/ 31,052 = 5.16% Singapore Airlines’ ROE is 849.3/ 11,455.1 = 7.4% SA provides a better return on equity than Cathay, although the decrease in the annual income at Singapore Airlines in 2003 from 2002 represents a threat to its future earnings and return on equity while Cathay’s results demonstrate improved performance. Return on assets demonstrates how many dollars of income were generated by each dollar of investment and is calculated in the following way: Return on assets = net income/ total assets For Cathay Pacific Ltd. this figure is 1,604/ (54,686 + 20,351) = 1,604 / 75,037 = 2.14% For Singapore Airlines, return on assets is at 849.3/ 16,558.4 = 5.13% Thus Singapore Airlines is more efficient in using its assets and offers a better return on the funds tied up in assets. Another profitability measure is the operating margin that expresses operating profit as a percentage of the revenue. For Singapore Airlines, the operating margin is 680.4/ 9,761.9 = 6.97% For Cathay Pacific Ltd., this ratio is 285/ 2,393=11.9% As for growth, SIA’s revenue dropped in the 2003-2004 fiscal year to $9,761.9 million from $10,515.0 million, which represents a 7.7% decrease in revenue. The company executives explain this plunge with the effects of the SARS outbreak in the Asian region that had a devastating impact in the airline industry. Cathay’ revenue has as well shown a 11.9% decrease in revenue to $3,792 million from $4,242 million. The drop in revenue was reflected in the net income. At Cathay Pacific Ltd., net income was $167 million as opposed to $511 the year before which is a drop of 67.3%. The income dropped as the company was unable to drastically reduce its operating expenses or finance charges in the light of lower revenue. At Singapore Airlines, net income was down 20.2 % at   $849.3 million as compared to $1,064.8 million for 2002-2003 fiscal year. 2. Current financial position, liquidity, both long and short term, sources of finance The liquidity of the company is most often assessed in terms of the current ratio: Current ratio = current assets / current liabilities For Cathay Pacific Ltd. current ratio = 20,351/ 14,520 = 1.4 For Singapore Airlines, current ratio = 3,121.9/ 3,401.6 = 0.92 Usually companies are expected to have a current ratio that is no higher than 2.0, otherwise the company is believed to be in financial trouble. However, due to advances in information technology has enabled a lot of companies to minimize the need to hold cash, inventories and other liquid assets. As a result, a lot of successful companies are content to keep their current ratios lower than 1.0. This allows us to conclude that although Cathay seems to be in a better position in terms of short-term liquidity, SIA’a lower ratio does necessarily signify trouble. Another useful measure is the quick ratio that indicates how well a firm can satisfy existing short-term obligations with assets that can be converted into cash without difficulty and is computed as follows: Quick ratio = (cash + securities + receivables) / current liabilities Cathay Pacific Ltd. has a quick ratio of (15,200 + 4,573)/ 14,520 = 1.36 SA’ s quick ratio equals (0.4 + 130.2 + 1,518.5)/ 3,401.6 = 0.48 Again, based on current ratio, Cathay is much more liquid than Singapore Airlines as it has more assets that can be readily turned into cash. Long-term liquidity of the firm is evaluated using the debt ratio that specifies the overall ability of the company to repay its debts: Debt ratio = Total liabilities/ total assets According to the general rule of thumb, this ratio should not exceed 50%. For Cathay, the debt ratio is (29,361 + 14,520) /   (54,686 + 20,351) = 58.9% For Singapore Airlines, the debt ratio amounts to (446.7 + 2,175.3 + 2,207.2)/ 16,558.4 = 29.16% These calculations make it apparent that although Singapore Airlines is less liquid than Cathay Pacific Ltd., the Singaporean company has less long-term obligations and thus is less risky for the investor. Thus, Cathay relies primarily on debt to finance its operations, while Singapore Airlines is predominantly equity-financed. 3) Changes to the organizations and their effect At Singapore Airlines, a more streamlined organizational structure was introduced at the beginning of the financial year. Under the new structure, sixe senior executives including those heading Services and Operations, Marketing, Corporate Services, Finance, Human Resources and Planning will report directly to the CEO of the company. Hopefully, this simplified structure will make possible a speedier implementation of decisions. Cathay Pacific Ltd. basically retained the same corporate structure in the fiscal year analyzed. 4) The status of the companies in the financial markets and relative to their industry sector. In the aviation industry where both companies belong, the average market cap, according to Yahoo! Finance, is $895.52 million. Both Cathay with about $5.96 billion and SIA with $7.86 significantly exceed this number. On the other hand, revenue growth in the industry has been 12.8% on the average of late as opposed to the drop in the revenue of both airlines. As for profitability, the average operating margin for the airline industry is 6.81% compared to 6.97% at SIA. Cathay with 11.9% is well ahead of the market. The average return on equity in the aviation sector is 8.3% as compared to Cathay 5.16%, Singapore Airlines 7.4%. 5) Past performance and projected future trends Cathay Pacific Ltd. Cathay Pacific Ltd. is Hong Kong’s largest air carrier accounting for a third of all passenger flights through Hong Kong. Cathay owns a minority stake in its competitor Dragonair that holds another tenth of the market. Recently Cathay entered a contract with Air China that it will buy a 9.9% stake in the Air China’s initial public offering. The partnership will allow joint marketing and sales activities, cooperation in engineering, ground handling, purchasing, security as well as better coordination of the two companies’ schedules. This arrangement will allow Cathay to optimize its cost structure. The cooperation with Air China offers a strategic advantage as it provides improved access to Beijing Capital international Airport, a major hub in inland China. China is one of the world’s fastest growing regional aviation markets and the one coveted by many carriers. Competition was until recently restricted by the limitations on the number of flights performed by foreign carriers imposed by the Chinese government. Cathay and Hong Kong have pressured Chinese authorities to allow more flights between Hong Kong and mainland China. Cathay management has been trying to get access to passenger flights between Hong Kong and Shanghai sooner than the agreed date of October 2006 when a second Hong Kong airline will be allowed to start serving Shanghai with passenger flights. Liberalization of these restrictions could boost Cathay’s revenue dramatically since this route is very lucrative because of heavy business travel. In 2003 Cathay resumed air services in mainland China after a 1-year absence from the market. Here it faces competition from its former partner Dragonair. Now it plans to make its three-time -a-week flights to Beijing daily in December, add even more Beijing flights next year and launch passenger services to Xiamen and cargo services to Shanghai. Regular air companies like Cathay and Dragonair now face tougher competition from budget carriers Air Asia from Malaysia and Virgin Blue of Australia forcing the veterans of the market to cut their costs. Earlier Cathay representatives admitted that the prices are somewhat higher in this market than in others but attributed this to the difference in exchange rates and other long-term factors. The tendency towards more open skies pursued by Singapore, Thailand and Malaysia will draw more passengers through their airports but can damage the market share and financial performance of Hong Kong airlines including Cathay. Asian governments are slowly dismantling obstacles on the way of foreign air carriers and can be expected to continue with this policy. This could improve Cathay’s prospects in mainland China but sharpen competition in Hong Kong itself. However, the epidemic of severe acute respiratory syndrome has attracted the public’s attention to the benefit of having a local air carrier since Cathay kept flying at the time when foreign airlines suspended their operations. Overall, since Cathay is in the business of air cargo travel, it can be reasonably assumed to profit from the world’s economic recovery projected to lead to above-average growth in the global airfreight market, according to a Lufthansa report (2004). Lufthansa experts base their assessment of tonnage increase of 5.9% in international air cargo market in 2004 on expectations of the boom in the Asian market and gradual recovery in North America. Singapore Airlines Singapore Airlines is also in the business of air transportation, engineering, airport terminal and pilot training. Its operations cover Asia, Europe, North and South America, South West Pacific and Africa. Due to this global focus, the company is also expected to benefit from the boom in the Asian market. Unlike Cathay, the diversity of the routes makes it easier for Singapore Airlines to balance its risks that can occur because of an economic downturn in one of the markets. Singapore Airlines is primarily focused in its business on the Asian business as it is the largest carrier in terms of market capitalization with $7.86 billion in market cap as compared with Cathay Pacific Ltd. with $5.96 billion. Singapore Airlines has posted strong second quarter results that beat analysts’ expectations. The reason behind strong growth is increase in travel demand. Singapore Airlines is listed on the first London Stock Exchange office in Asia, and on the first New York Stock Exchange office in Hong Kong along with 15 other Chinese companies. This development can contribute to greater transparency of their accounting procedures and lend credibility to their financial information, which in turn can help them bring down their cost of borrowing and attract more investors’ money. There are a lot of European investment funds waiting to be put into the thriving Chinese economy. Investors are attracted by the huge potential of the Chinese outbound market that has already surpassed Japan as the top location in the Asia Pacific outbound ranking. After surviving an epidemic of SARS, the market is forecast by many analysts to return to very strong growth in 2004-2005. China outbound trip volume has increased about five times in the past decade. In 2002 the annual volume was 16.6 million outbound departures as compared to 3.7 in 1993. The market is predicted to show double-digit annual increases if only the outbreak of SARS is not repeated. Singapore Airlines is fully positioned to take advantage of this trend as it is one of the leading carriers in the Asian-Pacific region, so a dramatic rise in revenue can be expected. According to the corporate news, the company is making efforts at slashing its costs. On November 23, it announced the plan to outsource jobs in uplift flight coupon processing and some aspects of interline billings, making 66 jobs in the Finance Division. This effort could help raise the company’s efficiency and improve the bottom line in the long run. The most important challenge for the airline industry is the rising fuel costs. Singapore Airlines admitted that higher fuel costs hold their halfyear net profit to $616 million. A lot for the airlines will depend on the evolution of the world oil prices. Further uncertainties surrounding the operation of the pipeline in Iraq or disruptions in Russia caused by the Yukos legal proceedings could drive up the oil price further up, negatively affecting Singapore Airlines’ net income. According to the company’s calculations, that a one-dollar-per-barrel increase in the oil price amounts to the additional $ 14 million fuel spending for Singapore Airlines. Another worry for the management of the airline is the advent of low-cost carriers that puts increasing pressure on the company’s cost structure. All Asian carriers should hope that an epidemic of SARS will not be repeated as it had a devastating effect on the revenue of Singapore Airlines and other companies. Works cited Beveridge, Dick (October 20, 2004), Cathay Pacific Buys into Air China, goldsea.com/Asiagate/410/21cathay.html Bradsher, Keith (October 22, 2004), A Struggle over Air Routes in East Asia, http://www.nytimes.com/2004/10/22/business/worldbusiness/22aviation.html?ex=1184817600&en=477bd65aaf1258d7&ei=5035&partner=MARKETWATCH Hong Kong, China Strike New Aviation Deal (Associated Press, September 8, 2004) Lufthansa Cargo forecasts swift recovery of the global airfreight market, http://www.lufthansa-cargo.de/content.jsp?path=0,1,14871,15152,15452,16898 Niem, Andrea (2004), London Stock Exchange Aims to Lure Chinese, Companies, http://www.axcessnews.com/business_110304b.shtml World Travel Trends, 2003-2004, WTMGlobal Travel Report Annual reports: Cathay 2003 Annual Report http://www.cathaypacific.com/intl/aboutus/investor/0,,31343,00.html Singapore 2003/2004 Annual Report http://www.singaporeair.com/saa/app/saa?hidHeaderAction=onHeaderMenuClick&hidTopicArea=AnnualReport ¤tSite=global         

Leadership Definition Of Steve Jobs - 2146 Words

Part 1: Leadership definition related to Steve Jobs Leadership can be defined as the capacity to pursue the others to get involved in a common goal and to realize a collective ambition. Many clear traits that are found in good leaders which can be developed or may be naturally part of their personality .Leadership self-confidence is one of its major aspects that helps inspire confidence in the others who trust their leader and gets the best efforts and commitment from his team members. A good leader has the vision that allows him to anticipate, plan and create. It is of utmost importance that a true leader should also have good communication skills and be able to transmit what should be done and the way it should be done. Setting†¦show more content†¦Communication was also one of his important traits as a leader. He made his ideas understandable and memorable through telling stories and demonstrations. He was able to clearly and succinctly define what he wants to be done. This ability makes him present vision to his team so t hat all of them will be working towards the same goal. As a successful leader, Steve Jobs set his goals and he set up everything in life to realize those goals. He Accentuate the Positive attitude though he started life out on the wrong foot as he was abandoned for adoption at birth. Part 2: Amazon CEO as chosen leader Considering the path goal theory of leadership about how leaders motivate their followers to perform the right tasks and reach the set goals, Jeff Bezos the amazon founder and chief executive officer of Amazon.com is a good example of this theory. Jeff Bezos’ success and developed business is due to his attributes and his own effective way of leading .If we look further in the structure of the Path-Goal Theory, Jeff Bezos leadership can be also viewed as achievement-oriented. He is the leader who challenges subordinates to perform work at the best level possible. He establishes a high standard of excellence for subordinates and seeks continuous improvement (Northouse, 2007). Jeff Bezos was able to change his company Amazon from an ordinary online bookstore in 1994 to one of the biggest Internet retailer in the world. This is clearly determined by Bezos’ leadership traits