United Airlines multinational finance Research Paper

United Airlines multinational finance - Research Paper Example United Airlines (UAL) is the major United States airline with the largest number of destination and passenger flights. It caters to the customers’ demand of maximum luxury and comfort during flight. It is the most in-demand airline for all employees and shareholders to invest. It is the world’s most inclusive set of connections worldwide with first-rate international gateways to Asia and Australia, Europe, Latin America, Africa and the Middle East. United Airlines has its base almost everywhere in the US with non-stop or one-stop services. Its fleets are the most fuel-efficient among all the US network carriers. It has ten most advantageous central locations in the four largest cities in the US (UAL, Factsheet 1). The overseas subsidiaries of UAL are United Express, Ted, Continental Express and Continental Connection carriers. United Express and Ted are premium and low-cost subsidiaries of UAL. With these two subsidiaries, UAL participates in the entire scale of the con sumer market. These are regional operators and act as additional services of UAL’s mainline network. These subsidiaries add to UAL’s operations by carrying flights that connect to the mainline service. These subsidiaries also can allow a more number of flights in smaller cities than would not have been economically viable with full sized mainline jet aircraft (UAL, Form 10-K 5). The total number of aircrafts owned and leased by the subsidiaries is 552 (UAL, Form 10-K 29). In 2009, UAL had an operating revenue from mainline passengers of $11,313 million as reclassified and $11,910 million as historical. In the same year, UAL had an operating revenue from regional passengers of $2,884 million as reclassified and $3,064 million as historical. Other operating revenues were $1,602 million as reclassified and $825 million as historical (UAL, Form 10-K 99). Foreign Exchange Risk Management Policy UAL being an international airline garners revenues and makes expenditures in nu merous foreign currencies. Some expenses include aircraft leases, commissions, catering, personal expense, advertising and distribution costs, customer service expense and aircraft maintenance. Fluctuations that occur in the rates of foreign currencies exchanges have a major effect on the service of UAL and â€Å"cash flows through changes in the dollar value of foreign currency denominated operating revenues and expenses† (UAL, Form 10-K 140). In order to effectively reduce the possibilities of risk, the Company may use foreign currency forward contracts to avoid a part of its vulnerability to changes. UAL does not enter into foreign currency derivative contracts for purposes other than risk management. In 2009 and 2010, United did not have any foreign currency derivatives. Continental had foreign currency derivatives with a fair value of $7 million in 2010 and $5 million in 2009. During these two years, according to financial statements, there were no significant hedge gain s or losses (UAL, Form 10-K 140). UAL emphasizes North American and hence is not vulnerable to US$ exchange rate risk. For this, UAL does not have to worry about risk related to foreign exchange while buying fuel because oil is traded in US$. This is one advantage for UAL (Muck and Rudolf 573). Some of the most common foreign exchange transactions of the Company are Canadian dollar, Chinese renminbi, Japanese Yen, British pound and European Euro (UAL, Form 10-K 74). UAL’s foreign currency exchange rate changes were 11 million in 2010 and 8 million in 2009 (UAL, Form 10-K 121). Fluctuations in foreign exchange rates can affect UAL in various ways. The scopes and variations of foreign exchange impact can be immense. Foreign exchange exposure is of significant importance to UAL as the large aircrafts travel into foreign markets (Levi 303). Net cash flows of UAL that include foreign currency cash flows have increased in 2010 by $941 million from 2009. There has been a steady incr ease in cash flow over the last few years and the principal sources

Prenatal Development Essay Example | Topics and Well Written Essays - 1000 words

Prenatal Development - Essay Example The paramount relevance of prenatal care in reducing infant deaths has been over and over again reported in studies and the connection between Fetal Alcohol Syndrome (FAS) and prenatal development corresponds, most obviously, to this factor. The impact of drug consumption during prenatal development is, therefore, highly perilous and the connection between prenatal development and FAS draws attention to the same danger. The relationship between prenatal development and Fetal Alcohol Syndrome offers one of the stimulating topics of profound analyses in the area and it is important in such analyses to determine when and how the fetus is affected. Therefore, this paper mulls over the various pertinent areas of the relationship between prenatal development and FAS in order to determine the proper utility of such analyses. In a reflective analysis of the broader picture of Fetal Alcohol Syndrome in the modern world, one becomes aware of the immensity of the issue and the prenatal exposure to alcohol is the single most cause mental retardation in the US today. Important studies on prenatal development prove that the use of alcohol during this period have a venomous impact on the growing facial features, the central nervous system of the fetus, the growth rate and birth weight. "Alcohol consumption during pregnancy can result in full-blown fetal alcohol syndrome or a host of fetal alcohol effects that include a wide range of mild to severe cognitive, behavioral, and growth delays. Fetal alcohol syndrome occurs in about 1 of 750 births in the United States. Many thousands more are born with fetal alcohol effects." (Sloboda and Bukoski, p 330). In fact, the widely recognized human teratogen called alcohol has been the prime producer of FAS and the other related effects in children. Alcohol, among all the substances of abuse, is the most dangerous and serious manufacturer of neurobehavioral effects in the fetus. While the nature of the substance used in the prenatal development period has a vital role in causing Fetal Alcohol Syndrome, it is more imperative to analyze the timing of the exposure alcohol as it is a major variable influencing FAS. As mentioned before, one of the most vital variables predicting the effect of the consumption of alcohol during the prenatal development has been the timing of the exposure to the substance. Thus, the exposure of the fetus to a substance can have different types if impact when it either coincides with or misses a period of peak sensitivity to the substance. "For example, fetal exposure to alcohol, even at relatively low doses, has its greatest impact on development if it occurs early in the first trimester or at any time during the third trimester. This is because the developing fetus has different periods of peak sensitivity to alcohol." (Sloboda and Bukoski, p 330). Therefore, it is vital to relate to the timing of the exposure alcohol when the fetus is affected the most in prenatal development. The broad period of prenatal development is often divided into three periods for the sake of convenience, i.e. the pre-differentiation period, the period of the embryo, and the period of the fetus. In the total span of prenatal devel

Plato and Aristotle Essay Example for Free

Plato and Aristotle Essay 1. What are the major differences between Plato and Aristotle? Make sure you provide examples. Basically, Plato and Aristotle are highly different in their philosophical beliefs and their various teachings.   The main philosophy of Aristotle is to possess virtue in order to achieve the ultimate goal which is happiness. In order for people to possess virtue, he also believed that everything should be done in moderation only and not too sparse or too excessive. On the other hand, Plato used logic and dialogue as his main tools together with the aid of mathematics in order to arrive with rational conclusions so as to know the universal truth. Moreover, Aristotle strongly believed that acts of good must be habituated in order to become a virtue while Plato believed that merely knowing what is good is enough to be able to do good even without actually doing it. Another major difference between the two is their beliefs in metaphysics. Plato’s believed that there are higher or ideal forms that can only be acquired through knowledge while Aristotle believed that form and matter are inextricably bound and coexist. 2. Are you a Platonist or an Aristotelian? Provide specific examples to help illustrate your points. I am basically a Platonist simply because there are more of this teachings that are applicable today than Aristotle such as his theory of the universal ideal forms. For example, when looking for an ideal friend, that person I am searching for must possess the qualities that I desire. However, it is a well-known truth that there is no such thing as â€Å"perfect† or â€Å"ideal.† But since I know what an ideal friend is, I now have a pattern which I will use as a basis as I search for my ideal friend. I may not be able to find that person but I would definitely meet someone close to that, which is like the shadows that Plato described in the Allegory of the Cave. In addition, I know that the both the sky and a pair of blue jeans are both color blue. Although, in reality, they are not of the same color, I somehow have an idea of what blue is because it preexists in my mind.   Another reason that I also consider myself as a Platonist is because I do not believe in Aristotle’s idea that by possessing virtue, once can achieve happiness. For me, his belief is too idealistic, although his use of formal logic and scientific methods such as deduction and observation is still applicable today.

The Crucible :: English Literature

The Crucible Explore how Miller dramatises the conflicts within John Proctor and presents him as a good man, despite his failings. How does Miller make him dramatically effective for an audience? Refer to Act two and Act four. Miller's purpose through writing 'The Crucible' was to express his own views on what was happening in America at the time in 1953 - McCarthyism, a period of intense anticommunism. Miller uses the character of John Proctor to put across his views. He is interested in the character who does not allow himself to be caught up in hysteria, but thinks for himself and stands up for his values. Miller wants to teach us, his audience, about social awareness with deep insights into personal weaknesses through his characters. Miller also wants to teach us the important moral lessons about human nature of the notion of goodness. Miller's play deals with difficult and controversial issues making the audience think about the pleasant and unpleasant experiences of humans and relating them to today's modern world. When writing 'The Crucible' Miller was influenced partly by witchcraft. For many hundreds of years there was a belief in witchcraft throughout Europe. This belief in witchcraft persisted among the English colonists in America. In 1692 there was an outbreak of accusations of witchcraft in Salem, Massachusetts, which lead to twenty innocent people executed. In the play John Proctor was one of the twenty innocent people executed. Of those women accused many were old women with knowledge of herbal medicine or other folk remedies, an example of a character with this description would be Rebecca Nurse, who was hanged with John Proctor in the dramatic last scene. The English colonists were Puritans and they felt surrounded by ungodly people and associated the forest with savages and evil. Miller uses this belief in the play at the beginning, when Betty, Abigail and ten or twelve other girls were seen dancing in the forest; this event was greatly frowned upon in the village and led to many accusations. Miller also links his characters to the Salem witchcrafts as during the witchcrafts one man was pressed to death by stones; this links to the character Giles Corey. This trumped-up witch hysteria in Salem, Massachusetts deteriorated the rational and emotional stability of its citizens. This exploited the population's weakest qualities, and insecurities. The obvious breakdown in Salem's social order led to this tragedy. McCarthyism also influenced Miller when writing 'The Crucible'. In the early 1950s Joseph McCarthy, a senator, exploited his fear of communism and managed to create a national campaign against Communists, ex-Communists and anyone associated with them. The play was produced when McCarthy's anti-Communist campaign was at its height

Being a nursing home administrator Essay

Being a nursing home administrator with in a nursing home, excellent communication is a necessity. Communication is how care providers determine the quality of care that is given and needed for the patients. By being a nursing home administrator, it is my job to make sure that the HIPPA rules and regulations are being used by all employees. By making sure that HIPPA rules and regulations are being upheld, the nursing home is providing quality care to the patients. When a change happens at a nursing home there can be confusion and conflict with everyone involved. While following the chain of command can be long and even boring, it is needed to keep the communication process smooth and effective. The chain of command does help reduce the risk of a communication breakdown. If a communication breakdown is developed it can cause commotion in any health care facility which could jeopardize everyone involved. With being the nursing home administrator, the first job that I would need to do i s have a full understanding of the new policies and procedures. I would need to know how the policies and procedures were put into place and how exactly this will affect the patient’s in the nursing home. In order to do this I would want to speak with the board members so my concerns could be addressed. In order to address these issues I could meet with the board members face to face, use social media, or by electronic communication. There are advantages to having traditional face to face meetings. The members are able to see my body language, facial expressions, and hear the tone of my voice while communicating my concerns. With the traditional meetings, it will also allow the board members to respond to my concerns right away with a limited amount of interruptions. While there are some advantages to having traditional meetings there are also some disadvantages. One issue could be misinterpretation on some of the available cues. Traditional meetings can be expensive and time consuming this is a disadvantage when the time and/or finances a re not available. Having a conference by electronic method is another way to communicate. The biggest advantage to electronic conferencing is the fact that it can be done on a global basis, no matter where a person is everyone can join together. Electronic conferences are best when all members attend at the same time but because it’s electronic the members can attend conferences at different times but during a certain time frame. With all members attending an electronic conference at the same time is known as  the synchronous method. When members attend conference at different times but within a certain time frame is known as the asynchronous method. The synchronous method allows real time communication and the asynchronous method does communication through emails. The synchronous method is best because it is real time and more effective. Electronic conferences are also less expensive and not as time consuming. Electronic conferences can also be recorded so they are available for future use. While emails and phone calls are good forms of communication it is not t he best for a conference. Communicating through computers and the internet has become a popular way for health care members. When it is done properly this way of communication can provide clear straight information that is understood by everyone. If it is not used properly, there can be a breakdown in communication and cause many problems. When social media is used properly it can provide many advantages and opportunities. Social media can reach a large amount of people, which means a wide connection within the community. Social media also allows a great way to support collaboration, better communication, and will also people around the globe to share and generate information. Facilities can also have an identity beyond the name and standard of care through social media. It also helps health care facilities reach out to the people of the community. A disadvantage of social media has been looked blindly upon by most members of the health care industry. When it comes to a patient’s privacy, HIPPA rules and regulations require proper procedures to be followed anytime a patient’s information is released. By being the nursing home administrator my job is to make sure that all of the patients who will be discharged have signed a consent form. The consent form would give our facility permission to release the patient’s health care information to other facilities with the hope of finding placement for that patient. HIPPA has very strict rules and guidelines to follow; the patient’s privacy must always be the priority and always be protected. It is the staff member’s responsibility to protect a patient’s information regardless on how the information is being transferred. The staff member can only allow the information to reach who it is meant for and only provide enough information to make proper accommodations for the patient. HIPPA has placed policies and procedures to protect patient’s information, when these rules are not strictly followed a privacy breach can occur. Also, when the HIPPA rules are  not followed patient’s information can get misplaced which will result in a patient not receiving proper quality care. It is a health care staff member’s job to make sure that every patient remains protected at all times. Today’s health care industry has many rules and regulations that have to be followed in order to protect the privacy of the patients. It is a facility’s responsibility to follow these rules and regulations to ensure a patient’s health and well-being. It is a high priority for immediate action to take place if the rules and regulations are not being followed to make sure that the patients are not at any risk. References: Sarringhuas, M. M. (Jul/Aug 2011). THE Great Divide: Social Media’s Role in Bridging Healthcare. Journal of Helathcare Management, 56(4), 235-244. Du Pre, A. (2005). Communication about health: Current Issues and perspectives (2nd ed.). Boston, MA: McGraw Hill.

Schools In The Present-Day Society Are Constantly Shifting

Schools in the present-day society are constantly shifting and growing to implement first rate methods in their schools. Before a particular school is allowed to include a program to their curriculum, they must first demonstrate stable evidence that proves the new method will work. A new curriculum that schools are aspiring to take effect is inclusion in the daily classroom. Schools are hopeful of the benefits and advances that a program like this could bring. The enactment of inclusion is heavily connected by all students, teachers and parent’s attitudes whether they are voiced positively or negatively. Even though inclusion in classrooms is growing rapidly, there is little data to support its effectiveness. The lack of evidence may be†¦show more content†¦Resources are being made readily available for all schools to be able to properly staff and plan for this type of classroom. Inclusive education and mainstreaming general and special education educators together pr ovides the greatest benefit for regular and special education students. The concept of inclusion can be best represented by the term, social justice. Inclusion itself produces equality, recognition and new opportunities as well does it protest practices that advance beliefs of exclusion. Ford who is a psychologist in early special education states in Education Students with Learning Disabilities in Inclusive Classrooms what the appropriate teaching techniques are with a child with a disability. Ford says the best methods are: differentiated instruction, co teaching, interventions, and pre-mediated instruction. The term pre-mediated instruction means systematically teaching children without disabilities the way to engage in proper social interactions with a child who does have a disability. That way you can pre-plan the daily activities that would adhere to each child s capabilities. To practice inclusion in schools will represent and boost the term, social justice. Inclusion creates equality and recognition among all students. The new opportunities that arise from this program are more beneficial for all students. Inclusion protects the children from ever having the optionShow MoreRelatedComparing The United States And Western European Countries1528 Words   |  7 Pagesparticular to the U.S. has been an impediment for enacting smart renewable energy policies. Unlike Europe where the parliamentary systems allow the executives to have a majority of seats in the legislature branch, the U.S. system is known for being constantly governed by one party who controls one house of the U.S. Congress and the presidency and another party at the other house of Congress. 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Woolf gives the reader so many details, seemingly ordinary ones such as Clarissa going to buy flowers for her party, mending her dress, meeting old acquaintances, etc. However, these everyday interactions (combined with the character s inner thoughts) create a very clear and complex image of social class, the perception of time, loneliness/being alone (not physicallyRead MoreChanging Culture of the Church Essay1682 Words   |  7 PagesWe live in a society today that is vastly different to the one the previous generation grew up in; priorities have changed with people finding completely new ways to spend their time, people have an barrage of options presented to them with every decision and everyone seems to find someone else to blame for the current situation. 50 years ago this country was experiencing a cultural way of thinking known as modernity, this was described very well by Anthony Giddens here; â€Å"Modernity is a shorthand

Non Violent Protest  Dr. Martin Luther Kings Moral...

Varsha Chawdhary Prof. Hughes Eng 101 Section 811 13th October 2005 Non violent protest Ââ€" Dr. Martin Luther Kings moral disobedience! Dr. Martin Luther King Jr., the issue of non-violence in his letter from Birmingham Jail. He states that any law, which is unjust and inhuman, is not a moral law. Dr. Kings argument for non-violent protest against the authorities is just and moral; because any action taken for the greater good of human beings may be called disobedience by the authorities, but as Erich Fromm states in his essay Disobedience as a Psychological and Moral Problem -- any act of disobedience against any inhuman law of the state is morally correct and is for the betterment of the human kind. King advocates nonviolence as the†¦show more content†¦King and Fromm both have the same ideology that someone who breaks the law because their conscience tells them it is unjust, and who willingly accepts the penalty of punishment in order to get the attention of the community over the injustice is in reality showing his highest respect for the law. Dr. King believes and advocates non-violent protest as the best way to get the message across to the authorities on the issues of segregation, unequal treatment of African-American people, from the white people in the country. His argument states the reason very clearly in his statement that Non-violent direct action seeks to create such a crisis and foster such a tension that a community which has constantly refused to negotiate is forced to confront the issue. King placates fellow civil rights leaders by explaining his actions, and why they were necessary for the overall good of the cause. King emphasizes the stubbornness of the local government, and their unwillingness to grant rights and liberties to African Americans despite the fact they are specifically enumerated in the Constitution. King writes, We have waited for more than 340 years for our constitutional and God-given rights. He reasons that the non-violent way of protest wasShow MoreRelatedWorld Religious Traditions By Jo hn Martin Luther King Jr.1392 Words   |  6 Pages Sydney Smith October 15, 2015 World Religious Traditions Professor Wilson Essay #2 According to the late Dr. Martin Luther King Jr., there is a distinct difference between â€Å"just† and â€Å"unjust laws†. King writes, â€Å"A just law is a man made code that squares with the moral law or the law of God. An unjust law is a code that is out of harmony with the moral law† (Michaelvdg 2010). This concept dates back to a philosophy developed by the Romans. 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They protested because they the extraction of tar sand oil and moving it from Canada to Texas will pollute the groundwater in the surface (Hammel). Civil disobedience is â€Å"the active, professed refusal to obey certain laws, demands, and commands of a governmentRead More The Rhetoric of Pathos in the Writings of Dr. Martin Luther King Jr.1141 Words   |  5 PagesThe Rhetoric of Pathos in the Writings of Dr. Martin Luther King, Jr. I have a dream, says Dr. Samuel Proctor, Martin Luther King, Jr. Professor Emeritus of Rutgers University. All the little children--you hear everywhere you go: I have a dream. All the little children repeating that speech. Its become like the Star Spangled Banner or the Pledge of Allegiance. Its entered our culture. And so it has: I have a dream has become one of the most memorable phrases of the twentieth centuryRead MoreEssay Philosophies and Tactics of Dr. King and Malcolm X1492 Words   |  6 Pagesother minorities. 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He outlines the four basic steps: â€Å"collection of the facts to determine whether injustices exist; negotiation; self-purification; and direct action† behind the beauty of a nonviolent campaignRead MoreDr. Martin Luther King, Jr.s Fight Essay1059 Words   |  5 PagesDr. Martin Luther King, Jr.s Fight Throughout history there have been times when citizens have had the need, as well as the responsibility, to violate certain societal rules/laws in order to protest against unjust treatment and bring about social or political change. It began as early as Socrates, who disobeyed an unjust decree against teaching his ideas, which led to his being condemned to death; Mahatma Gandhi’s fight against British rule over India; and Rosa Parks refusal to give up her seat