Air Asia

Key MANAGEMENT (PMS 3393) ‘AIR ASIA’ Prepared by: Ahmad Izzuddin Bin Ahmad Zamri (4102005781) HaslindaBinti Ismail (4092008911) MohdAzuan Bin MohdAbdKadir (4102008091) Muhammad Khairil Anwar Bin Othman (4102004441) Nur A NisaBintiRahmat (4071032881) SitiAisyahBintiMohdYusoff( 4102001031) SitiKhajirahBinti Abdul Aziz (4092008931) Prepared for: Dr. HafsahBinti Ahmad Submission Date: 22nd November 2012 Table of Content Acknowledgement1 Introduction2 History3 The Vision, Mission Statement and Objective5 Value Strategy6 Business Model8 Competitive Advantages10 AirAsia Assumption12SWOT Analysis13 The Air Asia 5 Forces Porter Model16 Air Asia Market Segments19 Five Years Financial Highlights22 Appendix24 References25 Acknowledgment Alhamdulillah. On account of Allah SWT, whom with His readiness has allowing us the chance to effectively finish this Strategic Management task. Most importantly, we might want to communicate our exceptional thank to Dr. HafsahBinti Ahmad, an instruc tor of Strategic Management who had guided us and furthermore give a ton of data with respect to our task from starting to the furthest limit of the semester and furthermore the significant advices that he provided for us during our lectures.We are truly valuing it. Most profound thanks and gratefulness to our folks, family and all kindred companions for their collaboration, consolation, valuable recommendation and brimming with help for the task finishing, from the earliest starting point till the end. Without the assistance and direction from every one of you, it will be hard for us to finish this task. Much obliged to you. 1. 0 Introduction Air Asia is a Malaysian-based ease aircraft. Air Asia will be Asia's biggest low-passage, nitty gritty carrier and a pioneer of minimal effort travel in Asia.Air Asia bunch works planned residential and universal trips to more than 400 goals crossing 25 nations. Its principle center point is the Low-Cost Carrier Terminal (LCCT) at Kuala Lumpur International Airport (KLIA). Its member carriers Thai Air Asia, Indonesia Air Asia, Air Asia Philippines and Air Asia Japan have center points in Suvarnabhumi Airport, Soekarno-Hatta International Airport, Clark International Airport and Narita International Airport separately. Air Asia's enrolled office is in Petaling Jaya, Selangor while its administrative center is at Kuala Lumpur International Airport. 1. 1 HistoryAirAsia was built up in 1993 and started procedure on 18 November 1996. It was initially established by an administration claimed combination, DRB-Hicom. On 2 December 2001 the intensely obliged carrier was purchased by previous Time Warner official Tony Fernandes' organization Tune Air Sdn Bhd for the token whole of one ringgit (about USD 0. 26 at that point) with USD 11 million (MYR 40 million) worth of obligations. Fernandes turned the organization around, delivering a benefit in 2002 and propelling new courses from its center point in Kuala Lumpur, undermining pr evious restraining infrastructure administrator Malaysia Airlines with limited time passages as low as MYR 1 (USD 0. 7). In 2003, AirAsia opened a second center point at Senai International Airport in Johor Bahru close to Singapore and propelled its first global trip to Bangkok. AirAsia has since begun a Thai auxiliary, added Singapore itself to the goal list, and began trips to Indonesia. Trips to Macau started in June 2004, and trips to terrain China (Xiamen) and the Philippines (Manila) in April 2005. Trips to Vietnam and Cambodia followed later in 2005 and to Brunei and Myanmar in 2006, the last by Thai AirAsia.On August 2006, AirAsia took over Malaysia Airlines’ Rural Air Service courses in Sabah and Sarawak, working under the Fly Asian Xpress brand. The courses were in this way came back to MAS wings a year later, refering to business reasons. Air Asia's CEO Tony Fernandes accordingly revealed a five-year intend to additionally upgrade its essence in Asia. Under the arr angement, Air Asia proposes to reinforce and improve its course organize by interfacing all the current urban communities in the locale and growing further into Vietnam, Indonesia, Southern China (Kunming, Xiamen, Shenzhen) and India.The carrier will concentrate on building up its center points in Bangkok and Jakarta through its sister organizations, Thai AirAsia and Indonesia AirAsia. With increment recurrence and the option of new courses, AirAsia anticipates that traveler volume should arrive at 18 million before the finish of 2007 On 27 September 2008, the organization had on its rundown 106 new courses to be added to its then-current rundown of 60. The quantity of old courses stopped has not been openly uncovered. On 2 April 2012 Air Asia had their first departure from Sydney to Kuala Lumpur.In August 2011, AirAsia consented to produce a union with Malaysian Airlines by methods for an offer trade. The partnership was struck somewhere near the Malaysian government, basically voi ding the understanding of the two aircrafts. 2. 0 The Vision, Mission Statement and Objective The Vision To be the biggest ease aircraft in Asia and serving the 3 billion individuals who are as of now underserved with poor network and high charges. The Mission Statement †¢ To be the best organization to work for whereby representatives are treated as a component of a major family. †¢ Create an all inclusive perceived ASEAN brand. To accomplish the least expense so everybody can fly with Air Asia. †¢ Maintain the best item, grasping innovation to lessen cost and upgrade administration level. Future Objective for AirAsia Kuala Lumpur, Malaysia-based AirAsia has as of late reported in a question and answer session that they plan to buy an extra twenty-five airplane. The buy is the second this year for the carrier and fourth since the 2005. The buy understanding is for 25 Airbus A320 arrangement airplane. This will bring the all out A320 arrangement airplane worked via Ai rAsia to well more than 200 aircraft.Air Asia bunch CEO Tony Fernades says at the public interview that this buy is a significant advance for Air Asia as it means their future forceful course extension designs pair to their normal traffic development throughout the following decade. It additionally shows their pledge to improve AirAsia's situation on the systems by joining the most current and effective airplane in the market. The option of airplane will be utilized to include recurrence over the course arrange and present new courses. First experience with the avionics business as a pioneer has developed to the degree it is currently a pioneer that sets the benchmark to other people. Additionally talking at the question and answer session was Airbus CEO John Leahy. Leahy was amped up for this most up to date request and says that their organization have been incredibly pleased to be a piece of AirAsia's exceptional achievement and charmed that the trust in the A320 has brought abou t the carrier currently turning into the biggest carrier client for this airplane on the planet. With its top notch financial aspects and gigantic traveler advance, he is sure that the huge A320 armada is bound to move AirAsia to the bleeding edge of industry in the years ahead. 2. 1 Value Strategy * SafetyAdopting a zero resilience to dangerous practices and makes progress toward zero mishaps through appropriate preparing, work rehearses, hazard the board and adherence to security guidelines consistently. * High Aircraft Utilization Air Asia actualizing the areas quickest turnaround time at just 25 minutes and guaranteeing the lower costs and higher efficiency. * Low Fare, No Frills Providing visitors with decision of redoing administrations without settling on the quality and administrations. * Valuing their People Committing to their people’s advancement and prosperity and approaching them with deference, respect and reasonableness. Client Focused They give it a second tho ught and treat everybody in a similar way that they need to be dealt with. * Lean Distribution System They additionally offer a wide and creative scope of circulation channels to make booking and voyaging simpler. * Integrity Practicing best expectations of moral conduct and show trustworthiness in the entirety of their professions so as to deserve trust and shared admiration. * Excellence in Performance Setting objectives past the best and fortifying great execution guidelines and accomplishing greatness through actualizing best practices. 2. AirAsia Business Model 1. Minimal effort Carrier An ease transporter (otherwise called a nitty gritty or rebate bearer) is an aircraft that offer low admissions yet wipes out all â€Å"non-essential† administrations. The run of the mill ease bearer plan of action depends on: * A solitary traveler class * A solitary sort of plane (diminishing preparing and administrations costs) * A basic tolls conspire (ordinarily charges increment as t he plane tops off, rewards early reservations) * Free seating ( which urges travelers to load up right on time) * Direct, point to guide trip with no exchange Flying toward less expensive, less blocked optional air terminal * Short flights and quick turnaround times (permitting most extreme usage of planes) * â€Å"Free† in-flight cooking and other â€Å"complimentary† administrations are disposed of, and substituted by ideal paid-for-in-flight food and drink. 2. Straightforward Products An ordinary ease aircrafts item is amazingly essential. It centers around getting traveler from guide A toward B, cutting all the â€Å"extras†. This implies there are no suppers, beverages and tidbits served free on the board. In specific carriers, these might be bought on request.The airplane have Narrow seating to allow more prominent limit. Minimal effort aircrafts offer all-economy trips with no extra space prerequisite for more extensive business class seating. This implie s more travelers can be oblige on every division. There are no offices for seat portions as this free-seating makes passenger’s load onto the flights right on time to get themselves a respectable seat. The evaluating structures of ease carriers take into consideration no extra plans or deals advancement exercises, including regular customers customized. 3. PositioningThe minimal effort carriers the world over are known to target non-business travelers, relaxation traffic and the cost cognizant business traveler fragment. The l

Art Gallery Project essays

Craftsmanship Gallery Project expositions For the Arts gathering, we will introduce a craftsman (or classification) for about 30minutes to present the foundation and impacts just as methods utilized by a specific craftsman. The rest of great importance will be committed to every understudy making their own portrayal of what we introduced. For instance, every understudy will make their own Van Gogh on the first of November. We will spare the entirety of their fine art all through the a month and a half. After the program has finished, we will have a type of craftsmanship display gathering. The time/area is still not yet decided on the grounds that we might have the option to utilize the caf that Kristen works at. In the event that have the exhibition at the caf, we are going to welcome the guardians and family and perhaps even sell their work of art. If not, we will likely have it the next Monday after the program finishes during the after-school program hours. We are anticipating having juice and extravagant hors eats up to make a genuine craftsmanship display feel.For the Arts gathering, we will introduce a craftsman (or class) for about 30minutes to present the foundation and impacts just as methods utilized by a specific craftsman. The rest of great importance will be committed to every understudy making their own portrayal of what we introduced. For instance, every understudy will make their own Van Gogh on the first of November. We will spare the entirety of their work of art all through the a month and a half. After the program has finished, we will have a type of workmanship exhibition gathering. The time/area is still not yet decided in light of the fact that we might have the option to utilize the caf that Kristen works at. In the event that have the display at the caf, we are going to welcome the guardians and family and potentially even sell their work of art. If not, we will most likely have it the next Monday after the program finishes during the after-school program hours. We are anticipa ting having juice and extravagant hors eats up to make a genuine craftsmanship exhibition feel. ... <!

Places to Be, Things to See

Places to Be, Things to See College visits can be super exciting and confusing. You get to experience for the first time the next four (or so) years of your vastly different life and in a sense choose your path. The confusing part is, how do you know what to look for? Gif from Giphy Here are a few things at the University of Illinois at Urbana-Champaign that I think are great to check out before you make the big decision: Undergraduate Library (UGL) Education is first. No matter where you decide to go I believe that having the proper tools to be able to succeed is important. The Undergraduate Library is not only a super interesting place to see (it is both undergrad and underground!), but we do have the third-largest academic library in the world, right after Harvard and the Library of Congress! The People This might be equally as important to consider as education. Making sure you get a feel for the people who will be living on campus and going to school with you will give you a sense of if you feel the school fits your personality. One good place to go for this is the Main Quad. In this open area, you will see a ton of students either making their way to class, advertising for their club, playing a game of some sort, traditional or non-traditional, or simply laying out to relax. Another place to go is an athletic game if one is going on. The student section in the games are filled with passionate people having a good time. Academic Buildings The classroom environment is something that can really impact the way one learns. Going into the buildings that have the classes for your major is always a good idea, but check out some of the other buildings, too. You might be in a different building than you thought for electives or general education classes. Some of the more interesting ones  are the Krannart Center for the Performing Arts, the Bardeen Quad (the Engineering Quad), and the Carl R. Woese Institute for Genomic Biology. The more interesting the classroom, the more fun the learning experience! The Engineering Quad! (Picture from Illinois Admissionss Flickr) Chisom Class of 2020 I'm a Kinesiology major in the College of Applied Health Sciences. I'm a first-generation American; my twin and I were born in Oak Park, Illinois. The rest of my siblings were born in Nigeria. I'm a pole vaulter and sprinter on the Illini track team.

Roman Society During the Period of Kings the Republic

Marketing Industry The Largest Bookstore Chain - 1043 Words

Industry Description Book retailing is an industry where companies sell books and other reading media, including, audio books, e-books and e-readers. Some bookstores sell other products including DVDs, stationery and gifts. Price Waterhouse Coopers (PWCS) world network reports sales of sixty billion globally, including e-books (Hoovers Inc, 2016). Most Book retailers operate from storefronts, although some bookstores also operate online. Barnes Noble US, Fnac France, Page One China, Thalia Germany, and WH Smith UK are prominent companies in this industry. (Hoovers Inc, 2016). According to Yee, (n.d.). Dymocks is the largest bookstore chain in Australia; others include Collins Booksellers, Books and Gifts and department stores such as Meyer however, the book retailing industry is largely composed of small single storefront operators the largest chains making up only 40% of the market share (IBISWorld, 2016). Some retailers operate entirely online, prominent online retailers include Amazon and Booktopia ( Keshen, 2016). Some retailers sell a range of books, others specialise in a particular area of interest including, the Co-op Bookshop that retails textbooks or Book cafà © which sells children s books (Finding a bookstore, 2016). Significant Issues Facing Entrepreneurs in This Industry There are a number of significant issues for entrepreneurs examining this industry. The book retailing industry has faced a number of strong challenges recently. According to ibisworld,Show MoreRelatedMarketing Industry : The Largest Bookstore Chain1043 Words   |  5 Pagesâ€Æ' Industry Description Book retailing is an industry where companies sell books and other reading media, including, audio books, e-books and e-readers. Some bookstores sell other products including DVDs, stationery and gifts. 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Only a fraction of the titles available on its Web site are actually on shelves in one of its two warehouses. Most of the time, Amazon.com doesnt order a particular book from a distributor until after a consumer has ordered Marketing Industry The Largest Bookstore Chain - 1043 Words Industry Description Book retailing is an industry where companies sell books and other reading media, including, audio books, e-books and e-readers. Some bookstores sell other products including DVDs, stationery and gifts. Price Waterhouse Coopers (PWCS) world network reports sales of sixty billion globally, including e-books (Hoovers Inc, 2016). Most Book retailers operate from storefronts, although some bookstores also operate online. Barnes Noble US, Fnac France, Page One China, Thalia Germany, and WH Smith UK are prominent companies in this industry. (Hoovers Inc, 2016). According to Yee, (n.d.). Dymocks is the largest bookstore chain in Australia; others include Collins Booksellers, Books and Gifts and department stores such as†¦show more content†¦Over the five year period until 2015-6, there was an annual decline in revenue of 10.6% (ibisworld, 2016). Numerous challenges have beset the industry, such as, lower book prices, strong competition from online retailers and a change in popular ity from printed books to e-books (ibisworld, 2016). Other issues that have a significant effect on bookstores are parallel import restrictions (IBISWorld, 2016), and online retailers being advantaged by low freight charges and often no requirement to pay (GST) Goods and Services Tax (ABC, 2016). Encouraging Signs However, there are encouraging signs according to Williams, (2015) who points to the icon of bookstores Dymocks, which claims to have had its best ever sales year. Sydney book retailer Jon Page noted an upward surge in sales in the final quarter leading up to Christmas, a period that accounts for around 70% of annual sales (Han, 2015). According to the Nielsen book scan data, there were 55.4 million in sales of printed books in Australia last year, a 2.2% increase over the previous year, the first sales increase since 2009. (Han, 2015). Some of the downturns in printed book sales may be as a result of economic conditions which have affected all retailers. According to Page, (n.d.) the global financial crisis has dramatically changed retailing regardless of your product (Han, 2015).The chief executive of the Australian Booksellers Association, Joel Becker commented,

Sexual Intercourse and Circumstances Gonorrhea Free Essays

Gonorrhea is a bacterial disease that is an infection caused by gonococcus bacteria. This bacteria is round shaped and can live only in dark, warm, moist places. These places would include; inside your body, cervix, penis, throat, and rectum. We will write a custom essay sample on Sexual Intercourse and Circumstances Gonorrhea or any similar topic only for you Order Now It usually involves the urethra in males, and vagina, cervix, and fallopian tubes in females. For 2-9 days there are no symptoms of Gonorrhea. There can a lot of burring during urination and thick green-yellow discharge from the penis or vagina.Also, there may be rectal discomfort and discharge, joint pain, a mild rash, or sore throat and swollen glands. For men, the opening of the penis may be red and sore. Symptoms of gonorrhea show up more in males than in females, in fact, about half of the women with gonorrhea have no symptoms. Effects of this disease could include; gonococcal eye infection, blood poisoning, infectious arthritis, pelvic inflammatory disease, epididnmitis, endocarditis, sexual impotence in men, and infertility in women.Also, pregnant women can infect unborn babies. In females the infection occurs in the urethra, the vagina, or the cervix. Although discharged and irritation of vaginal mucous membranes may be severe, and fatal.. Gonorrhea is diagnosed by staining a smear of the discharge to expose the bacteria. Treatment in the early stages is usually effective. In females gonorrhea seems to strike selectively at the cervix. Eighty percent of females with gonorrhea have no immediate signs or symptoms. One symptom in women is a foul smelling vaginal discharge.Since vaginal discharges are not uncommon, women should be alert to any change in the color, odor, or other appearance of discharges. If gonorrhea has affected the urethra, women may experience a burning sensation upon urination. Gonorrhea can be diagnosed by tests that include blood studies. There could be laboratory cultures and microscopic analysis of the discharge from the reproductive organs, rectum, or throat. You will have to obtain some of the symptoms before the doctor will confirm that the tests be administered. This disease is transmitted by sexual contact.Any form of sexual penetration, oral, anal, and vaginal can transmit gonorrhea. There are other ways you can catch the disease, but they are not common. A person with gonorrhea can infect another area of their body by touching the infected area and transferring the excretions. Gonorrhea can also spread through clothing or wash clothes if used by an infected person, and then by someone who isn’t infected. Sometimes infected secretions from the vagina drip down around the anus can cause infection in women. Gonorrhea is treated with antibiotics.Common ones include: ciprofloxacin, ofloxacin, cefixime, certriaxone, azithromycin, you can also take non-prescription drugs such as Tylenol or aspirin to reduce discomfort and inflammatory pain. The period of communicability for gonorrhea is uncertain but can last as long as discharge continues anywhere from three to six months. Precise diagnosis of gonorrhea requires cultures of discharge specimens. Under most circumstances gonorrhea is easily treated. It is now clear that great amounts of penicillin may be necessary to kill some resistant strains.Untreated gonorrhea may result in irreversible complications. Infertility and sterility can develop in males and females. Gonococcal arthritis in major joints is a generalized infection that irreversibly damages the brain, heart, liver and other key organs and can be present in either sex. The most reliable form of protection is the use of condoms during sexual episodes. STD’s is a very serious matter and it can be fatal, the sexually active individual should also be selective about sexual partners and stay alert to obvious signs and symptoms of disease.Not being wise in your selections can cause you to be infected by the STD, and not being wise in your selections can cause death. No matter what situation your in always use a condom, that is The best way to avoid sexual transmitted disease like Gonorrhea, you have a 90% chance of not getting infected. A 100 % chance of not getting infected wit STD’s is through abstinence. Gonorrhea http://www. marchofdimes. com/pnhec/188_712. asp http://www. smartersex. org/stis/gonorrhea. asp http://www. vdh. virginia. gov/Epidemiology/factsheets/Gonorrhea. htm http://www. womenshealth. gov/faq/gonorrhea. cfm How to cite Sexual Intercourse and Circumstances Gonorrhea, Papers

Australian Taxation Gross-Up Rates

Question: Describe about the Australian Taxation for Gross-Up Rates. Answer: 1. The information extended in the given case has been summarised below in wake of relevant facts. A holiday home situated in Blue Mountains has been sold by Fred in the current tax year for a total sun of $ 800,000. This particular holiday home was bought by Fred nearly two decades ago i.e. in 1987 for a price of $ 100,000. There are various other costs that have been incurred by Fred in relation to the buying and selling of the holiday home and also for construction on the asset which effectively would be considered while calculation of the cost base associated with the holiday home. Additionally, certain information has been provided with regards to the accumulated capital losses from previous years on account of sale of assets. In wake of the above, the concern is to compute the net capital gains for Fred for FY2016 that would be subjected to CGT liability. CGT applicable or not Holiday Home The first step is to determine if the capital gains that are derived from holiday home sale would attract CGT or not. In this regard, it is noteworthy that all those assets which are bought before September 20, 1985 would be exempt from the application of CGT (Gilders et. al., 2016). Apparently, the holiday home does not fall in the above category and hence CGT would apply on the capital gains derived from the home sale. Calculation of capital gains For computation of capital gains from any asset, the primary step is to determine the cost base of the asset. In accordance with Section 110-25, the cost base of the asset would typically consist of the following elements (Nethercott, Richardson Devos, 2016). Buying price of the asset Incidental costs in relation to taking asset possession and ownership Incidental costs in relation to sale of asset Costs of construction which lead to asset value enhancement Costs undertaken to maintain asset possession In wake of the above discussion, the cost base of Blue Mountain based holiday home is computed below. Price at which holiday home bought in 1987 = $ 100,000 Incidental expenses while purchasing holiday home in 1987 = 1,000 (Legal Fees) + 2,000(Stamp Duty) = $3,000 Incidental expenses while sale of holiday home in FY2016 = 1,100 (Legal Fees) + 9,900 Real Estate Agent Commission = $ 11,000 Money spent during garage construction = $20,000 Total cost base of Holiday Home = 100,000 + 3,000 + 11,000 + 20,000 = $ 134,000 Considering that Fred is an individual taxpayer and the fact that property was bought before September 20, 1999, thus two methods namely discount method and indexation method are available for derivation of capital gains that are taxable (Deutsch et. al., 2015). As the discount method allows for a 50% concession on the long term capital gains, hence it would result in lower CGT liability and would be used to calculate taxable capital gains (Section 115-25) (Barkoczy, 2015). Hence, the proceeds obtained from the sale of the house = $800,000 Total cost base of the holiday home as computed above = $ 134,000 Capital gains (Holiday Home) =Sales proceeds (Holiday Home) Cost Base (Holiday Home) = 800,000 134,000 = $666,000 The case information states that Fred has an accumulated capital loss to the tune of $ 10,000 from the previous year on account of losses in share investments. The capital loss on shares would be adjusted against the corresponding capital gains made on the holiday home sale and finally the net amount would be applied the discount method to arrive at the capital gains for FY2016 on which CGT would be applicable (Sadiq et. al., 2014). Thus, capital gains for Fred in FY2016 = 666,000 10,000 = $656,000 Concession of the above capital gains as per the discount method = 0.5*656000 = $ 328,000 Thus, capital gains that would atleast CGT in FY2016 = 656000 - 328000= $ 328,000 Antique vase related previous year capital loss of $ 10,000 In the given case, there would be change in the value of the taxable capital gains, as the capital losses on antiques must be adjusted against future capital gains from antiques only. Hence, there would not be any impact of this capital loss as this will have to be carried to the next year (CCH, 2013). Thus, capital gains for Fred in FY2016 = 666,000 Concession of the above capital gains as per the discount method = 0.5*666000 = $ 333,000 Thus, capital gains that would atleast CGT in FY2016 = 666000 - 333000= $ 333,000 2. The objective in the case study provided is to analyse the host of fringe benefits that Periwinkle has given to Emma and in light of the relevant provisions of the Fringe Benefit Tax Assessment Act, 1986 (FBTAA, 86), comment on the FBT (Fringe Benefit Tax) liability for the employer, Periwinkle. Car fringe benefit Section 8, Division 2A advocates that car fringe benefit are provided to employee only when the employer owned car is utilised by employee for personal use. However, if the use of the car is limited to only use for professional work, then car fringe benefit would not arise. In the situation given, it is known that Emma does utilise the car for her personal works also and thereby there is no denying the extension of car fringe benefit (Barkoczy, 2015). The statutory formula for estimating the taxable value of car fringe benefit has been given by Section 9, Division 2B and stated below (Wilmot, 2012). The requisite inputs that are required above are computed as shown below. Base value of car = Purchase price paid by the employer Repairs = (33,000 550) = $ 32,450 The applicable rule states that a statutory percentage of 20% is valid for all cars whose purchase date lies after April 1, 2014 irrespective of the usage and the distance covered during the year. Periwinkle has purchased the car in 2015, thus applicable statutory percentage for the given case would be 20%. (ATO, 2016b). Car availability (FY2016) = 366 30 (Emma got the car only on May 1) 5 (Out for repairs) = 331 days It is worth noticing that the period for which car was at the parking is not deductible as the car was very well available for use but the employee Emma could not use the car as she ws not in the city (Gilders et. al., 2016). Grossed up value for the car fringe benefit = $ 32450 20% 331/365 2.1463 = $ 12,631.95 Periwinkles FBT liability = 12,631.95 *0.49 = $ 6,190 Loan fringe benefit As per Section16, Division 4A, loan fringe benefit would arise if interest savings are accrued by the employee on account of no interest charged or lower interest rate charged by the employer in comparison to the applicable RBA (Reserve Bank of Australia) rate (Deutsch et. al., 2015). The rate of interest charged by Periwinkle = 4.45% pa The rate of interest advocated by RBA for FY2016 (TD 2015/8) (ATO, 2015) = 5.65% pa As the rate of interest charged by employer is less than the corresponding rate announced by the RBA, hence some interest cost would be saved by the employee and hence would lead to loan fringe benefits (Sadiq et. al., 2016). It is critical to note that Emma does not have loan for the complete financial year but rather a part of it as lending was executed on September 1, 2015. Days for which Emma took the loan = 213 Absolute value of Loan Fringe Benefit given to Emma = 500000*(5.65% - 4.45%)*(213/366) = $ 3,491.8 Grossed up value of corresponding benefit = 3,491.8*1.9608 = $ 6,846.72 Periwinkles FBT liability = 6,846.72*0.49 = $ 3,355 Expense fringe benefit The useful facts from the given case study are detailed below Bathtubs unit sale price in market =$ 2,600 However, price at which bathtub offered to Emma = $ 1,300 It is apparent that on an item which is meant for personal use, an expense of $ 1,300 is saved, which amounts to expense fringe benefit for Emma from Periwinkle (CCH, 2013). It is also known that bathtub sale attracts GST due to which the applicable gross up factor for calculation would be 2.1463 (ATO, 2016a). Expense Fringe Benefit (EFB)- Bathtub) taxable value = (2600-1300)*2.1463 = $ 4,078 Periwinkles FBT liability = 4078*0.49 = $ 1.998 In line with the information provided, the component of loan to the tune of $ 50,000 which the husband was using before now is being used for Emma for generation of income from trading in shares. This would allow the employer to claim higher tax deductions on account of the incremental loan amount being used by Emma for producing taxable income as calculated below (Nethercott, Richardson Devos, 2016). Periwinkles addition deduction on outstanding FBT liability = 50000*(5.65% -4.45%) = $ 600 Hence, due to the changed circumstance, Periwinkle would be able to reduce its outstanding FBT liability by $ 600. Reference ATO 2015, TD 2015/8, Australian Taxation Office, Available online from https://law.ato.gov.au/atolaw/view.htm?docid=%22TXD%2FTD20158%2FNAT%2FATO%2F00001%22 (Accessed on September 20, 3016) ATO 2016a, Gross-up rates for FBT, Australian Taxation Office, Available online from https://www.ato.gov.au/rates/fbt/?page=3 (Accessed on September 20, 3016) ATO 2016b, Car fringe benefits statutory formula rates, Australian Taxation Office, Available online from https://www.ato.gov.au/rates/fbt/?page=4 (Accessed on September 20, 3016) Barkoczy,S 2015, Foundation of Taxation Law 2015, 7th eds., CCH Publications, North Ryde CCH 2013, Australian Master Tax Guide 2013, 51st eds., Wolters Kluwer, Sydney Deutsch, R, Freizer, M, Fullerton, I, Hanley, P, Snape, T 2015, Australian tax handbook 8th eds., Thomson Reuters, Pymont Gilders, F, Taylor, J, Walpole, M, Burton, M. Ciro, T 2016, Understanding taxation law 2016, 9th eds., LexisNexis/Butterworths. Nethercott, L, Richardson, G Devos, K 2016, Australian Taxation Study Manual 2016, 4th ed., Oxford University Press, Sydney, Sadiq, K, Coleman, C, Hanegbi, R, Jogarajan, S, Krever, R, Obst, W, and Ting, A 2014 ,Principles of Taxation Law 2014, 7th eds., Thomson Reuters, Pymont Wilmot, C 2012, FBT Compliance guide, 6th edn, CCH Australia Limited, North Ryde

College Athletes and Their Allowance. Where Is It Essay Example Essay Example

College Athletes and Their Allowance. Where Is It Essay Example Paper College Athletes and Their Allowance. Where Is It Essay Introduction Dan Hinspeter Jennifer Lewis English 161 March 28, 2013 College athletes and their allowance. Where is it? From the first beep of the alarm clock to the last click of the light at night, a college athlete is constantly busy. Between practices, classes, weight lifting, classes again, followed by another practice, and studying all being a normal day, college athletes have a lot on their plate. Not to mention the games or meets every week and the traveling to and from events that is added to their schedule during season, time can quickly run out in a single day.Knowing that this is going to happen, college athletes still sacrifice everything to live those four years of craziness simple because they love the sport they play and find it worth it. Only problem that lies with playing sports is, even though all of the hassles its still college on top of it all. With the pressures of good grades, learning, and completing an education, these are also tied into the equation for an athlete if th ey choose to continue and participate in sports following high school.On the other side, certain perks also come along with participating in sports, such as financial support, housing, free tutoring, and free transportation to and from sporting events. To a person that isn’t participating would see this as very manageable and is enough support given for what colleges ask student athletes to fulfill. The same college athletes that have to deal with that on a daily bases also have to be able to live a personal life outside of all that.What other college students can definitely attest to is a personal life requires additional expenses that aren’t correlated with the education also being paid for along with the room and board cost that are coupled in the price for college. For instance, clothes, food, supplies, personal travel, haircuts, tolls, or cell phone bill to name a few are all things needed out of college, of course some more than others. Money out of pocket for pe rsonal use supplies college athletes with another problem.With their days already barely having enough hours in it when are they supposed to add in the stresses and pressures of a job? Oklahoma running back Roy Finch said in an interview â€Å"but it’s not that simple. These athletes are practicing one half of the day and going to school the second half; there’s really no extra time for use to hold a job. †(Enno) With athletes having no significant source of income to survive, that is why I think college full-time student athletes should get paid. Whether in the news or on a ESPN the most common news that is broadcasted isn’t what you would usually think.Instead of hearing a college player breaking some sort of record or making a game winning shot, the most common news is the trouble and scandals that college athletes are a part of. Out of most of those horrible news stories they all have to deal with a college athlete and money. In some occasion itâ€⠄¢s not always just college athletes getting in trouble, but some stories are from professional athletes that are just then getting caught for the things they did for money when they themselves were in Collegant sports.The professional running back of the Miami Dolphins is a leading example of a student athlete who was penalized for looking out for his self while participation in college football. He accepted money along with other personal items to help get him through school and have his family taken care of at the same time. After winning the highest achievement in college sport for football (the Heisman) =:///reggie-bush-scandal/ class=ilgen data-wpel-link=external rel=nofollow>Reggie Bush got his trophy confiscated many years later even though he was in the NFL.This happens more often than none not just in football but other sports like baseball of basketball, which are unarguably the most popular sports in colleges today. The need for money and the situation the athletes are p ut in financially is what allows reoccurring troubles with college athletes. On occasions not only the athletes are punished in some case, whole sport programs can get fined or even banned from participating. The National College Athletic Association (NCAA) defines this as the death penalty â€Å"a program-crippling blow that keeps a team off the field while banning recruiting and scholarship awards. (NCAA) A rising problem that has been evolving in the programs of college sports is athletes typically from more popular schools sell their jerseys or equipment as memorabilia so earn a couple few bucks here and there. Only problem with selling that stuff is it doesn’t belong to the college athlete it belongs to the school, so for repercussions to these actions colleges have no other choice but to punish the athletes due to certain NCAA rules. Travis Waldron from thinkprocess. org says â€Å"Athletic departments spent three to six times more per athlete than colleges and univer sities spend educating the average individual student. Travis’s argument has a point, but by paying more for college athletes how else do you think equipment and uniforms will be bought, or paying for buses to go to a game? I think Travis Waldron is mistaken because he over looked the fact that average college student doesn’t require a new helmet or a pair of track spike, in which case of course these programs pay more on college athletes,, but only in the sense that the school is only supplying their athletes with the things necessary to have a greater chance of success.In the Football Bowl Subdivision (FBS), they stated â€Å"athletic departments spent roughly $92,000 per athlete in 2010, compared to less than $14,000 per full-time student. And the gap between the amount spent on each athlete and the amount spent on each student has grown substantially in the last five years. †(Waldron) This makes sense do to the fact that the number of student athletes in the NCAA have been also increasing over the past years.In fact Gary Brown from the NCAA’s Sports Sponsorship and Participation celebrates by saying â€Å"the Participation levels for both male and female Student-athletes were the highest in NCAA history, with total at 453,347 student-athletes participating in sports affiliated by the NCAA. †(Brown) One thing that could be agreed is that that the scholarships colleges and universities give to their athletes undoubtedly help them be able to not only go to college but to stay in college as well.What many people don’t realize is Only about 2 percent of high school athletes earn sports scholarships every year from the NCAA colleges and universities. For those who are fortunate enough to get one, the average scholarship is less than $11,000 a year. ( O’Shaughnessy) That price compared to the time and effort given by college athletes is nothing â€Å"According to a NCAA survey last year, playing football required 43. 3 hours per week; college baseball, 42. 1 hours; men’s basketball, 39. 2 hours; and women’s basketball, 37. 6 hours. †( O’Shaughnessy) What this says is that for lets say 37. hours a week times 32 weeks of college that’s at least 1203 hour a school a year just dedicated to that sport ,that’s not even mentioning the extra things not counted like weightlifting, games, or rehab throughout the season, or the extra summer practices that are mandatory by coaches. So for all that time they are only earning $11,000, plus that money isn’t personal money it is money paid directly back to the school for the education. If there was a certain system that would manage the hours an athlete is playing and the objects done then paying them would become even easier.When asked what a possible system to pay players, AJ Enno simple said â€Å"answer to that problem would be to pay them based on performance. If students knew they were getting a paychec k based on how hard they were working, I guarantee that they would get into less money-related trouble. †(Enno) If you think about it, that would be a very simple way. Many companies outside of sports us that type of work in order to determine how much to pay a worker, few examples are car dealers or door to door salesmen.The more product and merchandise sold then the more money received. Not only would paying the players by their performances take away the unfair portion between players, but stats and effort would sky rocket in part to players trying to earn their money. Before even thinking of doing any of this one large argument is presented, which is; in order to pay college where would the money come from? For the years of 2011-12, the most recent year NCAA revenue was $871. 6 million ¬Ã‚ ¬Ã‚ ¬, not to mention the ticket sales. Numbers that aren’t added into account is the $10. contract between the NCAA and CBS/Turner Sports for March Madness between 2011 and 202 4. These numbers are huge and more over the college athletes that play in the March Madness tournament don’t see a dime inn there pocket . Michel Wilbon exposes this topic when he says â€Å"We’re talking $11 billion, or 10. 8 to be exact for three weekends of television per year, just for one sport between a variety of different colleges and universities. † However on top of that gigantic amount of money, the NCAA also created a new four-year deal with ESPN that pays the BCS $500 million.With just those two deals that are worth $11. 3 billion there has to be some amount of that money that could be given back to the players that without them wouldn’t exist. To look at it in a simplar way, if a billion dollars were taken off the top of that and divided up amoungest all the athletes in the NCAA both male and female it would be enough to pay the athletes. One billion divided by 453,347 which is equal to the total number of NCAA athletes that gives every stud ent athlete $2,205, which is $2,205 more than what any of them see now.Duke’s basketball players are worth around $1 million each, making tons of money for not only the NCAA, but for their school as well. However, not one of them receives anything near that amount. A full ride scholarship for room and board and tuition plus meals is $21,000 for Duke University, and all of the basketball players receive that. So basically the total value of one player on the team is enough to pay for the rest of the teams scholarships.People who don’t agree with paying college athletes usually say the same thing, along the lines of â€Å"their getting a free education† well this being true many scholarships run short and don’t cover all of the expenses. A study done by the National College Players Association made a finding saying â€Å"The average scholarship shortfall (out-of-pocket expenses) for each â€Å"full† scholarship athlete was approximately $3222 per pl ayer during the 2010-11 school year† they go on to say that Duke basketabll players, although worth one million dollar, still live $732 below the national poverty line. College Athletes and Their Allowance. Where Is It Essay Thank you for reading this Sample!

Latins 1st Conjugation Verbs

Latin's 1st Conjugation Verbs There are four  conjugations of Latin verbs that you need to learn to read or translate  Latin. In addition to the verbs of the 4 regular conjugations, there are also several irregular verbs. The Latin 1st conjugation verbs, like the Latin 1st declension nouns, are marked by an a as in amare. Noting this a (a thematic vowel) should help you to distinguish verbs of the first conjugation from those of the second, third, or fourth conjugations. Amare:To Love The infinitive (which we translate as to ...) ending for the first conjugation is -are. Note that there is no separate word to. The infinitive includes the sense of to within it. One of the difficulties of Latin is learning that there is often not a neat, one-to-one correspondence between words in English and Latin. The infinitive of the 1st conjugation verb. e.g., amare, translates into English as to love. The 4 principal parts of a 1st conjugation verb have the following endings: -o, -are, -avi, -atus. A typical verb is laudo praise, so its principal parts are: laudolaudarelaudavilaudatus. Infinitives Active Present - portare to carry, to be carryingPerfect - portavisse to have carriedFuture - portaturus esse to be about to carry, to be going to be carrying Passive Present - portari to be carriedPerfect - portatus esse to have been carriedFuture - portatum iri to be about to be carried, to be going to be carried, to be carried Participles Active Present - portans carryingFuture - portaturus about to carry Passive Perfect - portatus loved, having been carriedFuture - portandus to be carried Imperative Active Present - porta, portate (second person) Carry!Future - portato, portatote (second person)portato, portanto (third person) Passive Present - portare, portamini (second person) Be carried!Future - portator (second person singular)portator, portantor (third person)

Introduction to the city Essay Example | Topics and Well Written Essays - 750 words

Introduction to the city - Essay Example Cash flow can be defined as ‘the pattern of income and expenses, and its consequences for how much money is available at a given time’ The process of managing working capital would involve deciding what quantity of cash, other liquid assets, accounts receivable and inventories the firm would require to have at any given point of time. â€Å" The management of working capital is concerned with the management of assets such as cash, marketable securities, account receivable, investor prepaid expenses and the current assets; also liabilities such as accounts payables, wages payables and accruals.†2 Working capital can generally be generated by receiving short term loan from a bank or by placing aside a sum from the equity. Generally working capital can not be added up while taking a long term loan from a bank. According to Keynes a firm holds working capital for three basic reasons; to benefit from timely opportunities arising in the market, as a fund to deal with unforeseen crisis that require immediate action and to carry out the regular business activities of cash inflow and outflow. The process of working capital management is relatively complex and it is meant to ensure that a firm is capable to carry out its regular activities with optimum efficiency at the same time fulfill the short term debt requirements and forthcoming operational expenditures. This process requires an analytical approach towards the spending and receiving of the funds available on hand. â€Å"The analysis requires decisions to be taken for the following questions such as: how should the firm manage its cash? To whom should the firm grant credit? How much inventory should the firm keep? What should be the composition of the firm’s current debt? â€Å"3 The goal of managing working capital is to have cash inflow as early as possible and to delay the cash outflow as much as possible and at the

Stateless Nation Essay Example | Topics and Well Written Essays - 1000 words

Stateless Nation - Essay Example Statelessness has serious humanitarian results for the affected individuals (Blitz, p.116). It has been recorded in the research papers and reports that stateless persons face immense challenges in the course of their lives as stateless persons and until they acquire particular citizenship. Human rights accomplishment is one of the key challenges affecting such people. It should be acknowledged that there is a close link between fulfilment of global human rights and citizenship. For instance, when a non-governmental organisation takes up protection of Universal human rights without the acknowledgement of the state they become prone to human rights violations leading to inability to satisfy most of the domestic and political privileges. Every human being is entitled to recognition before the law, be equal before it, possess freedom of movement and association, as well as the right to participate wholly in the affairs of the state. It would be wrong to imagine that the stateless people are denied civil and political rights alone. In fact, social, fiscal and traditional privileges rank high in the list of unfulfilled list of rights for the stateless people. Such matters as the right to self-determination, working rights, education, registering of birth, social security just to mention a few are guaranteed with the citizenship and none of these is guaranteed when someone is stateless.

Parliamentary Or Presidential System Of Government Politics Essay

Parliamentary Or Presidential System Of Government Politics Essay There is a popular saying that if a company can establish itself in a successful position among the modern fierce competition, two basic abilities must own that first ability is managing interior business successfully, and another one is having a good public relationship. In fact, so it does, and more and more companies are putting the activity of making a good public relationship on an important place. So business lobbying has larger and larger market, at the same time, there are more and more companies and interest groups who engage in the activities, and the industry of business lobbying is forming and becoming mature gradually. Business lobbying plays its role through impacting the making of some laws and regulations (Mortern Secen, 2002). Because of the important role of business lobbying playing, the government and some related departments are putting this issue on agenda (Raymond Terrence, 1986). But different system of government will provide different opportunities for bus iness lobbying. This paper will analyze and compare the different influence of two main system of governmentparliamentary or presidential system on business lobbying and provide the conclusion that the presidential system of government will provide better opportunities. In the following parts of this paper will give some key reasons for this conclusion by the method of comparative analysis, and the last part will provide some suggestions for companies, lobbyists and government about business lobbying and some reflections from the analysis also will be stated in this part. Why presidential system of government can provide better opportunities for business lobbying than the parliamentary one? Making a comparison between parliamentary system and presidential system First, the origination ways of government is different. In the parliamentary system, government is usually organized by the political party or party alliance who takes a major part in the parliament; but in presidential system, the members are appointed and leaded by the elected president (Presidential system, 2010). Second, the powers of office of the parliament are different. The parliament in the parliamentary system not only has the rights of lawmaking, supervising government, and deciding financial budget, but also have the right of organizing the authorities of government; but the in presidential system, the parliament only have the rights of lawmaking, supervising government and deciding financial budget, and do not have the right of organizing government. Third, the relationship between government and parliament is different. In the parliamentary system, the government is responsible of the parliament. If the parliament passes the case of not trusting government owing to being unpleased with the governments policy, the government must resign or apply the head of nation to dismiss the parliament and vote again. But in the presidential system, the government leaded by president is only responsible of electors, and not the parliament. Both the members of parliament and government can not hold a concurrent post. The president need not have the policy responsibility of parliament, so the parliament can not compel president to resign by proposing untrusting case, but when the president disobeys the constitutions, they can propose impeach. Fourth, the position and function the head of state plays are different. In the parliamentary system, the head of state only has suppositional rights not real rights, but in the presidential system, the president is the same to the head of state, at the same time, he is also the head of the government, so he has the real rights. Fifth, the means of political partys producing is different. In the parliamentary system, the political party is usually the party or the party union who win in the general election of the parliament; but in the presidential system, the political party is usually the party or party union who win in the general election of the president. Sixthly, in the parliamentary system, executive are drawn from the legislature, but in the presidential system, executive and legislature strictly separate. Finally, the producing ways of the head of state is different. In the parliamentary, the president is mainly elected by the parliament excluding some little nations, but in the presidential system, the president is voted by the whole people directly or indirectly (What government, n.d.). The reasons for why the presidential system can provide better opportunities for business lobbying than the parliamentary system For interest groups, they can participate in the political process by making some campaigns, drafting and making some political proposes and communicating with the lawmakers and their staff about the issues they concern in order to obtain some favor in their position. So through above comparison analysis, the presidential system of the government can provide better opportunities the process of business lobbying. Some special reasons will be discussed in the following. First, in the presidential system of government, the communication between the lobbyists and the government will be easier and more convenient than in the parliamentary system. In the presidential system, the president is voted by the whole people directly or indirectly, and is responsible for his electors, at the same time the lobbyist and the other members of the interest groups which the lobbyists stand for are the part of the voters, and because the influence of the interest groups are so wide among the voters that they are playing an important role in the election of the president. So the president will be pleased and can not refuse usually to communicate with his voters although at the same time they are the lobbyists and maybe their opinions are so different from him. Just for these reasons, the communication with the government will be easier and more convenient, and the lobbyists will accept the basic respect. The situation between the lobbyists and the local government will be the same. Second, in the presidential system of government, the rate of successful business lobbying is higher than in the parliamentary system. According to the ways of the election of president and other characteristics of the presidential system, the president will take some consideration of his voters including the lobbyist voters for the success of the next president election. And in this system, to some degree the parliament and the president is consistent and the president has the real rights, so if the lobbyist can make a good relationship with the head, the business lobbying is already successful for half. So the successful rate will increase. Third, in the presidential system, the market of business lobbying will be larger than in the parliamentary system. Because the communication will be easy between lobbyists and government and the successful rate of business lobbying is high, at the same time, what is the most important is that if the business lobbying is successful, the benefit will surpass the cost bigly, so the enterprises will employ more lobbyists for more issues which they concern. Just for this reasons, the market of business lobbying will be larger. Though above discussion, and according to the contrast of characteristics between these two different systems, the presidential system of the government will provide better opportunities for the business lobbying (Nirmalendu, 2004). Some suggestions and reflections People always say that a healthy political system is an essential element to a healthy economic system; on the contrary, the economic system will have influence on the political system (Tomaso, D. 2005). As the market of business lobbying is increasing seriously and the influence of the lobbyists is on the rise, some problems must be taken into consideration about the business lobbying for its continue and healthy development. The activities of business lobbying are mainly related to three beneficial parts, which are enterprises, lobbies and government. Just these three parts make the business lobbying go on. There are some suggestions and reflections about the three beneficial parts (Hamilton David, 1997). First, for enterprises, they must have a right incentive for business lobbying, and should not use business lobbying for no reasons. As soon as decide to go on the activities of business lobbying, they should union some other related companies and find a suitable and qualified lobbyists to make it successful to increase the powers and successful rate of business lobbying. Second, for lobbyists, when they receive some enterprises invitation and apply, they should think it over and over, because they should have their own positions. But as soon as they decide to receive the business lobbying, they should have a complete and detailed plan before actions and choose and use proper and suitable ways to influence the process of politics. Maybe they can combine direct and indirect ways of business lobbying (Dustin, 2010). Third, for government, although there are more and more interests groups and professional lobbyists who are engaging the activities of business lobbying and their advisers are usually persuasive, the government should have its own position about some specific issues and should think over things from the perspective of the whole peoples benefit. Only by the common and simultaneous hard workings of enterprises, lobbyists and the government, the business lobbying can play its deserved role in the development process of politic and economy.

Comparison Between Hinduism and Budhism

Comparison of Two types of Pagan Religion i. e. Hinduism and Buddhism South Asian people have a well-defined amalgam of Abrahamic and Pagan religions. Two of the Pagan religions of this region are well-known in this region because their birth place South Asia. These two religions are â€Å"Hinduism† and â€Å"Buddhism†. Hinduism refers to the principal and most ancient religious tradition of India: in it the lives of the believers are governed by the doctrines of â€Å"Dharma† or universal law, â€Å"Karma† or the cumulative effects of personal actions, and â€Å"Samsara† or the cycle of rebirth, liberation from which is the first goal of life; [similarly] Buddhism is a religion and philosophic system, founded in India in the 6th cent. By Buddha: it teaches the right thinking and self-denial will enable the soul to reach Nirvana, a divine state of release from misdirected desire† (â€Å"Dictionary definitions you can understand-†).Altho ugh the birth place of both religions is South Asia and thus they stem from a similar Philosophy and culture, as S. Radhakrishnan says â€Å"Buddhism, in its origin at least is an offshoot of Hinduism† (qtd. In  Ã¢â‚¬Å"Buddhism & Hinduism, Comparative Study of Buddhism & Hinduism, Compare Contrast Buddhism & Hinduism. â€Å"); yet there is also a prominent difference in the major ideational elements of Doctrine of both; which includes â€Å"Concept of God†, â€Å"Reincarnation† and â€Å"Caste system†. In each and every religion of the World, the word â€Å"God† generally refers to designate a supreme power, who is the ultimate creator of the entire universe.In Hinduism there is also such definition for God. â€Å"Neither the multitude of gods nor great sages know my origin, for I am the source of all the gods and great sages. A mortal who knows me as the unborn, beginning-less great lord of the world is freed from all delusion and all evilsâ⠂¬  (â€Å"Bhagavad Gita: Chapter 2 – Verses 9 & 10. †). But the thorough study of Hinduism reveals it a polytheistic religion; indeed most of Hindus attest it by their worship of God. As they consider the many of living and non-living things to be divine and sacred.For example they consider the trees, the sun, the moon, the monkey, the snake and the human beings as manifestations of God. While in Buddhism, the designation of God is same as in Hinduism. As Gospel of Buddha says â€Å"There is, O monks, an unborn, unoriginated, uncreated, and unformed. Were there not, O monks, this unborn, unoriginated, uncreated, and unformed, there would be no escape from the world of the born, originated, created, formed. Since, O monks, there is an unborn, unoriginated, uncreated, and unformed, therefore is there an escape from the world of the born, originated, created, formed† (â€Å"The Gospel of Buddha†).But there appears difference in the belief in gods and godly manifestations of both religions; because in Buddhism there is no such entailment of godly figures in the original Buddhist doctrine, except in few sects. â€Å"Buddha was once asked by a disciple whether God exists. He refused to reply. When pressed, he said that if you are suffering from a stomach ache would you concentrate on relieving the pain or studying the prescription of the physician. â€Å"It is not my business or yours to find out whether there is God – our business is to remove the sufferings of the world† (â€Å"Concept of god in Buddhism†).Doctrine of Buddhism says that all these are the ways, by which people soothe themselves. â€Å"Gripped by fear, men go to the sacred mountains, sacred grooves, sacred trees and shrines† (â€Å"The Dhammapada 188†). But also Buddhists do not condemn the concept of gods and also they do not regard the believers of gods as sinners. Hinduism is considered as the complex mixture of religious philosoph ies and schools; but the soul of all this is â€Å"Reincarnation† i. e. the journey of the â€Å"soul† (atman) from one body to another body(cycle of birth and death).This cycle of birth and death (also known as â€Å"Samsara†) is summarized in the following verse of The Bhagavad Gita: â€Å"Just as a man discards worn out clothes and puts on new clothes, the soul discards worn out bodies and wears new ones. † (Chapter 2-Verse 22). As we profoundly glance over both the religions: â€Å"Buddhism shares some concepts of Reincarnation with Hinduism but on the major there appear differences. For example Theravada Buddhism emphasizes in the doctrine of â€Å"Anatta†, or no soul, which states there is no enduring entity that persists from one life to the next.While in Hinduism, â€Å"Karma† determines the circumstances of subsequent lives, so there is continuity between personalities but not persistence of identity. For this reason, Thervada Budd hist prefer the term â€Å"Rebirth† to â€Å"Reincarnation†. That is why in Buddhism, the law of â€Å"Karma† is viewed as naturalistic, akin to the laws of physics. Thus Buddhists do not consider the circumstances of â€Å"Rebirth† as rewards or punishment handed out by a controlling God, they simply regard it the natural result of various good and bad deeds.Thus contrary to the infinite cycle of â€Å"Reincarnation†: â€Å"Rebirth† inevitably involves suffering and ends when all carvings are lost and â€Å"Nirvana† is achieved† (â€Å"Does Hinduism Believe In Reincarnation. â€Å"). So Buddhists lead their lives in a way (negating the concept of infinite cycle of births and deaths), which leads them to their ultimate destination i. e. Nirvana Some of the teachings of every religion of the world provide the guidelines in order to secure the basic social rights of the people.But the there are some religion in which â€Å"Cast e system† has deprived the people from their basic social rights. â€Å"During the Buddha’s time â€Å"Brahmanism† was the predominant religion in India, in which all humans were divided into four castes i. e priests, warriors, traders and laborers. Later on this â€Å"Caste system† was absorbed into â€Å"Hinduism†, given religious legitimacy and sanction and has continued to function right up till the present. This has made the Social contact between each cast minimal and has provided the lower ones with the less opportunities, the less freedom and the less rights.Outside the caste system there are the outcast’s people, who are considered so impure that they are hardly counted as humans. On the other hand Buddha himself was born into the warrior caste, but he severely criticized the caste system. He ridiculed the priests’ claims to be superior, he criticized the theological basis of the system and he welcomed into the  Sangha  p eople of all castes, including outcasts. His most famous saying on the subject is: â€Å"Birth does not make one a priest or an outcaste. Behavior makes one either a priest or an outcaste†Ã¢â‚¬  (â€Å"Buddhist Studies: Caste System. â€Å").In summary to the religious beliefs, philosophies and social teachings; Buddhism provides an ultimate concept for an ultimate Power, similarly it gives the fascinating hope for ultimate destination â€Å"Nirvana† and also it maps a just society on the golden rules of equity. While Hinduism limits the ultimate concept of God to worldly figures, similarly the concept of â€Å"Reincarnation†, negates the ultimate destination; which indirectly, is the negation of God and also the caste system in it makes the life of its follower’s worldly punishment, because deprivation of basic social rights leads the people to inferiority complex. Bhagavad Gita: Chapter 2 – Verses 9,10 &22†³Ã‚  Bamboo Wisdom. Web. 19 Oct. 2011.   Ã¢â‚¬Å"Buddhism & Hinduism, Comparative Study of Buddhism & Hinduism,Compare Contrast Buddhism & Hinduism. †Ã‚  Buddhist Tourism,Travel Buddhist Sites,Buddhist Tourism in India, Japan, Tibet, China. Web. 19 Oct. 2011. http://www. buddhist-tourism. com/buddhism/religion/buddhism-hinduism. html â€Å"Buddhist Studies: Caste System. †Ã‚  BuddhaNet – Worldwide Buddhist Information and Education Network. Web. 19 Oct. 2011. . Does Hinduism Believe In Reincarnation? †Ã‚  Personal Development on a Deeper Level – Tyler Hardy. Web. 19 Oct. 2011. . â€Å"Reincarnation – World, Body, Life, History, Beliefs, Time, Person, Human, Hinduism, Buddhism, Shiite Muslims, Judaism and Christianity, Ancient Greece, West Africa. â€Å"Encyclopedia of Death and Dying. Web. 19 Oct. 2011. . â€Å"South Asia – Definition | WordIQ. com. †Ã‚  Dictionary, Encyclopedia and Thesaurus – WordIQ Dictionary. Web. 19 Oct. 2011. â€Å"The Dhammap ada: Verses and Stories.   Tipitaka Network: Bringing Dhamma Studies to You. Web. 19 Oct. 2011. . â€Å"The Gospel of Buddha. †Ã‚  The Reluctant Messenger of Science and Religion: Science and the World's Religions Are Pieces to a Puzzle That Need Each Other to Form a Complete Picture. Web. 19 Oct. 2011. ;http://reluctant-messenger. com/gospel_buddha/chapter_20. htm;. â€Å" Concept of god in Buddhism-by Dr. Zakir Naik† Dictionary Definitions You Can Understand – YourDictionary. Web. 19 Oct. 2011. ;http://www. yourdictionary. com;. http://saif_w. tripod. com/interfaith/general/god/inbuddhism. htm

Implementing Comprehensive Human Resources Essay

Objective †¢ Human resources policies and practices should reduce the human risk factors in information technology (IT) security and information access controls. Decrease the risk of theft, fraud or misuse of information facilities by employees, contractors and third-party users. Scope †¢ the organization’s human resources policies, taken as a whole, should extend to all the persons within and external to the organization that do (or may) use information or information processing facilities. This could include: * tailoring requirements to be suitable for particular roles within the organization for which persons are considered; * ensuring that persons fully understand the security responsibilities and liabilities of their role(s); * ensuring awareness of information security threats and concerns, and the necessary steps to mitigate those threats; and   Providing all persons to support organizational privacy and security policies in the course of their normal work, through appropriate training and awareness programs that reduce human error; and ensuring that persons exit the organization, or change employment responsibilities within the organization, in an orderly manner. Roles and responsibilities †¢ Security roles and responsibilities of employees, contractors and third-party users should be defined and documented in accordance with the organization’s information privacy and security policies. This could include: * To act in accordance with the organization’s policies, including execution of all processes or activities particular to the individual’s role(s); * To protect all information assets from unauthorized access, use, modification, disclosure, destruction or interference; * To report security events, potential events, or other risks to the organization and its assets * Assignment of responsibility to individuals for actions taken or, where appropriate, responsibility for actions not taken, along with appropriate sanctions formal. Procedures and policies To be implementing in any IT domain controls by the organization. * Proper password security * Properly managing log files * Easily accessible network flow diagrams * Secure firewall rule sets * Handle security incidents * Secure data classifications * Limited employee access dangerous websites Policies that will accepted by the organization and needs to be implementing ASAP. Acceptable Use Policy | | Password Policy | Backup Policy | | Network Access Policy | Incident Response Policy | | Remote Access Policy | Virtual Private Network (VPN) Policy | | Guest Access Policy | Wireless Policy | | Third Party Connection Policy | Network Security Policy | | Encryption Policy | Confidential Data Policy | | Data Classification Policy | Mobile Device Policy | | Retention Policy | Outsourcing Policy | | Physical Security Policy | E-mail Policy | | | Terms and conditions of employment †¢ Employees, contractors, and third party users should agree to and sign a statement of rights and responsibilities for their affiliation with the organization, including rights and responsibilities with respect to information privacy and security. This statement could include specification of: * the scope of access and other privileges the person will have, with respect to the organization’s information and information processing facilities; * The person’s responsibilities, under legal-regulatory-certificatory requirements and organizational policies, specified in that or other signed agreements. * Responsibilities for classification of information and management of organizational information facilities that the person may use. * Procedures for handling sensitive information, both internal to the organization and that received from or transferred to outside parties. Responsibilities that extend outside the organization’s boundaries (e.g., for mobile devices, remote access connections and equipment owner by the organization. * The organization’s responsibilities for handing of information related to the person him/herself, generated in the course of an employment, contractor or other third party relationship. * An organizational code of conduct or code of ethics to the employee, contractor or third party. * Actions that can be anticipated, under the organization’s disciplinary process, as a consequence  of failure to observe security requirements. Additional pre-employment agreements †¢ Where appropriate, employees, contractors and third-party users should be required to sign, prior to being given access or other privileges to information or information processing facilities, additional: * confidentiality or non-disclosure agreements (see Confidentiality agreements); and/or * Acceptable use of assets agreements. Management responsibilities †¢ Management should require employees, contractors and third party users to apply security controls in accordance with established policies and procedures of the organization. This could include: * appropriately informing all employees, contractors and third party users of their information security roles and responsibilities, prior to granting access to sensitive information or information systems using Terms and conditions of employment. * providing all employees, contractors and third parties with guidelines/rules that state the security expectations of their roles within the organization; * achieving an appropriate level of awareness of security controls among all employees, contractors and third parties, relevant to their roles and responsibilities, * achieving an appropriate level of skills and qualifications, sufficient to execute those security controls. Assuring conformity to the terms and conditions of employment related to privacy and security; * motivating adherence to the privacy and security policies of the organization, such as with an appropriate sanctions policy; and * Mitigating the risks of a failure to adhere to policies, by ensuring that all persons have appropriately-limited access to the organization’s information and information facilities (see Authentication and access control). Information security awareness, education and training †¢ All employees of the organization, and, where relevant, contractors and third party users, should receive appropriate awareness training in and regular updates of organizational policies and procedures relevant to their job functions. This could include: * A formal training process that includes information privacy and security training, prior to being granted access to information or information systems. * Ongoing training in security control requirements, legal-regulatory -certificatory responsibilities, and generally accepted security procedures, suitable to the person’s rules and responsibilities. Disciplinary process †¢ There should be a formal disciplinary process for employees who have committed a security breach. This could include requirements for: * appropriate evidentiary standards to initiate investigations (e.g., â€Å"reasonable suspicion† that a breach has occurred); * appropriate investigatory processes, including specification of roles and responsibilities, standards for collection of evidence and chain of custody of evidence; * disciplinary proceedings that observe reasonable requirements for due process and quality of evidence; * reasonable evidentiary and burden-of-proof standards to determine fault, that ensure correct and fair treatment for persons suspected of a breach; and * sanctions that appropriately take into consideration factors such as the nature and gravity of the breach, its impact on operations, whether it is a first or repeat offense, whether or not the violator was appropriately trained, whether or not the violator exercised due care or exhibited negligence. Termination responsibilities †¢ Responsibilities and practices for performing employment termination or change of employment should be clearly defined and assigned. This could include: * termination processes that ensure removal of access to all information resources (see also Removal of access rights); * changes of responsibilities and duties within the organization processed as a termination (of the old position) and re-hire (to the new position), using standard controls for those processes unless otherwise indicated; * processes ensuring that other employees, contractors and third parties are appropriately informed of a person’s changed status; and any post-employment responsibilities are specified in the terms and conditions of employment, or a contractor’s or third party’s contract. Return of assets †¢ All employees, contractors and third parties should return all of the organization’s information and physical assets in their possession upon termination of the employment relationship or contract. This could include: * where the employee, contractor or third party uses personal equipment, requirements for secure erasure of software and data belonging to the organization. Removal of access rights †¢ Access rights to information and information processing facilities should be removed upon termination of the employment or contractual relationship. This could include: * changes of employment or contractual status include removal of all rights associated with prior roles and duties, and creation of rights  appropriate to the new roles and duties; * removal or reduction of access rights in a timely fashion; and * Removal or reduction of access rights prior to the termination, where risks indicate this step to be appropriate (e.g., where termination is initiated by the organization, or the access rights involve highly sensitive information or facilities. Bibliography Custom Security Policies.com. 2012. http://www.instantsecuritypolicy.com/it_policies_procedures.html?gclid=CI_U3_HmpboCFc-Y4AodInIAWg (accessed 10 20, 2013). Ledanidze, Evgeny. Guide to Developing a Cyber Security and Risk Mitigation Plan. 2011. http://www.smartgrid.gov/sites/default/files/doc/files/CyberSecurityGuideforanElectricCooperativeV11-2%5B1%5D.pdf (accessed 10 20, 2013). Risk Mitigation Planning Including Contingencies. http://www.incose.org/sfbac/armor/id12.htm (accessed 10 20, 2013).

Edible Candle - Fire Science Demonstration

For this science magic trick, you light a candle, blow out the flame and then eat the candle. Its safe, fun and even nutritious. Edible Candle Materials This project requires a few simple ingredients from the home: bananapecan nutcandle stick or candle holder with wax drippingsmatch or lighter Set Up The Trick Cut a banana so that it resembles a small candle. You want a candle that you can eat in one or two bites.Set your banana-candle on a candle stick or holder. If the candle stick has white wax drippings, this will add realism to the trick.Cut the pecan into a wick shape and set it into the top of the banana.When you are ready to do the trick, light the pecan, just like an ordinary candle wick. Blow out the flame and eat the candle. How It Works Pecans, as well as other nuts, are high in oils. The nut can be lit like a candle wick and will burn for several minutes. You could even use nuts on a cake as birthday candles!