Thursday, October 17, 2019

Subway Franchise Article Example | Topics and Well Written Essays - 250 words - 1

Subway Franchise - Article Example This study declares that the franchise fee for the investors from other countries ranges between $10,000 and $15,000. In addition, the required investment is about $116,000 and $263,000 for those in the United States. However, the total investment for the franchisees in Canada ranges between $102,000 to 234,000. The Subway franchisees contribute 12.5 percent weekly. Eight percent of the aforementioned percentage accounts for franchise royalties while 4.5 percent is used in advertising. According to the paper the Subway has a training program for the franchisees. Notably, the franchisees are supposed to enter an agreement with the franchise by signing the Franchise Agreement. Such individuals undergo through World Training program at the franchise headquarters in order to attain the required skills. The franchisees benefit from the training opportunities that equip them with the necessary skills in the market. However, it is noteworthy that the training is examinable, and franchisees must satisfy the Subway’s administration by passing the examination. The most interesting opportunities with the Subway include financial assistance, on-the-job training, and aid from the site location team. The Subway franchise offers some financial support through a leasing program. The in-service training is essential for equipping the franchisees with solid skills needed in the industry. In addition, the site location team offers free advice on the perfect location.

Effectiveness of reverse gender role-play exercises in tackling trauma Research Paper

Effectiveness of reverse gender role-play exercises in tackling trauma adaptation in children witnessing domestic violence - Research Paper Example The children who become witnesses to this violence from an early age have been found to have many adjustment problems even in their adult lives (Galloway, 2005). Here, the term, ‘witnessing violence’ means, â€Å"being within range of violence and seeing it occur† (Edleson, 1999, p.841). When a child has this kind of experience, he/she may or may not have trauma adjustment problems in current and/or future life. But the research so far has shown that a considerable percentage of this group have such problems. Objective and background As researchers like Galloway (2005), Hague and Malos (1993), and Edleson (1999) have put it, a considerable percentage of children witnesses to domestic violence are found to have trauma adaptation problems. But much investigation has not been made into what could be the role of the gender of such children in relation with their trauma adaptation capabilities. It is in this context that this research envisages exploring what the role of gender flexibility is, in the process of adaptation to trauma by children who are witnesses to domestic violence. The purpose of this study is also to develop further insight into the methods of imparting gender flexibility for handling child trauma and adaptation issues, which may in turn be of help to mental health professionals who deal with this target group. It is hypothesized in this research that training in gender flexibility imparted through reverse gender role-play exercises in the form of skits will help children who are witnesses of domestic violence to better adapt to their trauma. Here, what is meant by reverse gender role-play is that girls are made to the play the roles of men and boys are made to play the roles of women in performance skits practiced as part of group therapy. Review of Literature One major study related to this topic was carried out by Catina Galloway (2005), who observed, if a child who is witnessing domestic violence has access to â€Å"tools from both ‘masculinity’ and ‘femininity’, then the child is found to have better possibility of adaptation to trauma (p.3). Galloway (2005) has called such a child, â€Å"gender-flexible† (p.3). By reverse argument, Galloway (2005) has also theorized, â€Å"a simple feminine response or masculine response to trauma inhibits or prevents adaptation† (p.3). Such an inference will lead to the assumption that the normal tools that usually children possess by way of the conventional gender training that they get in average families are not sufficient to deal with their domestic violence related trauma situation. And it will have to be concluded that only children who are either trained to use both masculine and feminine tools or specially equipped children who naturally know how to handle both these tools can hope to adapt to the situation. Jaffe, Wolfe and Wilson (1990, p.27) and Peled and Davis (1995, p.5) have opined that the reactions of childre n to domestic violence, among many other factors, may vary based on their gender as well. Jaffe, Wolf and Wilson (1990) have also found out that being witness to domestic violence, a boy often grows up to believe that violence is masculine behavior and to become himself a wife batterer, while a girl often grows up to believe that she is naturally destined to suffer violence from men and to become herself a silent victim to similar violence (p.16). Methodology The methodology adopted for this research will be participant observation (Tischler, 2010, p.35). Though participant observation has been considered as highly subjective, it has also been observed, â€Å"participant observation generates more inside information† (Kendall, 2010, p.58). As the individuals under study here are

Wednesday, October 16, 2019

Subway Franchise Article Example | Topics and Well Written Essays - 250 words - 1

Subway Franchise - Article Example This study declares that the franchise fee for the investors from other countries ranges between $10,000 and $15,000. In addition, the required investment is about $116,000 and $263,000 for those in the United States. However, the total investment for the franchisees in Canada ranges between $102,000 to 234,000. The Subway franchisees contribute 12.5 percent weekly. Eight percent of the aforementioned percentage accounts for franchise royalties while 4.5 percent is used in advertising. According to the paper the Subway has a training program for the franchisees. Notably, the franchisees are supposed to enter an agreement with the franchise by signing the Franchise Agreement. Such individuals undergo through World Training program at the franchise headquarters in order to attain the required skills. The franchisees benefit from the training opportunities that equip them with the necessary skills in the market. However, it is noteworthy that the training is examinable, and franchisees must satisfy the Subway’s administration by passing the examination. The most interesting opportunities with the Subway include financial assistance, on-the-job training, and aid from the site location team. The Subway franchise offers some financial support through a leasing program. The in-service training is essential for equipping the franchisees with solid skills needed in the industry. In addition, the site location team offers free advice on the perfect location.

Tuesday, October 15, 2019

RISK MANAGEMENT IN ABN AMRO BANK Essay Example | Topics and Well Written Essays - 1250 words

RISK MANAGEMENT IN ABN AMRO BANK - Essay Example Credit risk on loans is mitigated by reducing loan limits and exposures to companies that are below investment grade (BBB or UCR1 to UCR3-) levels. Limits are imposed on companies operating in industries that have been given an unfavorable economic outlook. In addition to carrying out a stress test on individual portfolios the company has also sought to mitigate credit risk by hedging in the form of credit default swaps (CDS) (ABN AMRO, 2010, p. ). Furthermore, the company carries out an assessment of the value of its collateral portfolio in order to determine how secured its loans are and therefore the extent of their exposure. Credit officers are given the task of monitoring the quality of ABN AMROs loan portfolio on a regular basis (ABN AMRO 2003, p.8). Credit risk is reported in the form of an analysis according to the industry sector in which the loans are made, the type of loans, with an indication of the carrying amount of the loans. An analysis of its credit exposure and thei r currency status is also given (ABN AMRO 2010, p.68-70). According to Bessis (2002, p15-16) and ABN AMRO (2010, p.71) Country risk is the risk that there are crisis related situations in a country. The causes of country risk in ABN AMRO are that funds or goods cannot be transferred from the country as a result of convertibility and transfer restrictions (ABN AMRO 2003, p. 10). ... 10). According to ABN AMRO (2010, p.94-95), interest rate risk is measured by calculating the net interest income (NII); NII-at-Risk; duration of equity; and VaR. The company monitors interest rate risk by noting the development of the NII under different yield curve scenario to determine the NII- at-Risk. Interest rate risk is mitigated by hedging, in the form of interest rate swaps. The company reports interest rate risk by providing a comparative analysis of the percentage NII-at-Risk; duration of equity in terms of years; and VaR banking book between the current and prior year. Currency risk is measured using VaR. It monitored by comparing short and long positions with limits set by the Group Risk Committee (GRC). Currency risk is mitigated with the use of various hedging strategies such as futures. Foreign currency gains and losses are reported in the Income Statement (ABN AMRO 2010, p.95; 2003, p. 14). According to ABN AMRO (2010, p. 83-84), market risk is measured using VaR an d a wide array of stress tests. Risks are controlled by setting limits for each trade desk and by setting counterparty credit exposure limits. ABN AMRO mitigates this risk by diversifying its risks across geographic locations and industries. Market risk is reported using a graph as well as a comparative analysis of the highest, lowest and average VaR of the current and prior year. Liquidity risk is measured using Loan to Debt (LtD) ratio, stable funding over non-liquid assets ratio (SF/NLA) which is an internally developed ratio and survival period (ABN AMRO 2010, p. 87). In order to mitigate liquidity risk ABN AMRO diversifies its currency and geography and maintains a wide investor base (ABN AMRO 2010, p. 87). A

An Ethical Issue Essay Example for Free

An Ethical Issue Essay Euthanasia is a hotly debated ethical issue these days, and there are certain arguments for and against its practice. Arguments against euthanasia are usually based on the sanctity of life, and such arguments are often compatible with religion, but arguments for euthanasia concern individual liberty, and a desire to prevent more suffering than is absolutely necessary. In this paper, I intend to address arguments for and against euthanasia, and explain why it is an ethical issue, and conclude that euthanasia, in some cases, should be permissible. Euthanasia is defined as the painless termination of someone’s life, but the ethical dilemma surrounding the topic has to do with whether or not it is alright to euthanize someone who is in a vegetative state, and can no longer think for him or herself, and whether or not assisted suicide is morally acceptable. The first of these scenarios would entail someone, such as a family member or physician, ending the life of someone who is in great pain following an accident, but cannot express their own wishes (whether or not they wish to remain on a feeding tube, or on life support) because of physical body damage, and this is known as passive euthanasia. The other issue, the one of physician assisted suicide, entails someone like a physician assisting someone who is in great pain, but not in need of life support, in committing suicide, maybe by administering a lethal dose of medication, to alleviate the patient’s pain, and this is known as active euthanasia. Both active and passive euthanasia are highly debated ethical issues, as they concern the value of life, and whether or not people are justified in prolonging a life of anguish, or terminating a life of misery. Recently, there have been many controversial cases of euthanasia, or its possibility in cases where it seems necessary to some, such as the cases of Doctor Kevorkian, and Terry Schiavo. The main ethical issues in the cases where Dr. Kevorkian euthanized (performed physician-assisted suicide on) some of his patients regards whether or not a patient should have the potential to decide his or her own fate, and then whether or not a physician should be held accountable for supporting, and aiding in a patient’s decision to end his or her life. This fundamentally boils down to the question of whether or not someone can choose to end their life when that person is in constant pain, but the issue would be complicated by the efforts needed in determining who is in enough pain to be permitted to actively end his or her life, which brings up the question of why everyone cannot choose to terminate their lives. And patients in hospitals do have the right to passively kill themselves, by starving, or refusing treatment, so in some cases, when a patient is prepared to take such measures to end his or her life, it would seem morally permissible for a physician to painlessly facilitate that patient’s suicide. In the case of someone’s euthanasia by the pulling of a feeding tube or the termination of life support, the ethical dilemma surrounds the family, or physician’s authority, when it comes to forcing the person who has brain damage to forfeit medical attention. A patient who is not in a vegetative state can refuse treatment, as that is not actively killing him or herself, but the question in the case of passive euthanasia is whether or not anyone other than the patient who might or might not refuse treatment due to severe pain if he or she were not in a vegetative state would have the authority to pull the plug on that person’s behalf, if the patient had not made his or her desired wishes clear. Religion plays a huge roll in helping people to believe that euthanasia should not be morally permissible, as most religions include some aspect about the sanctity of life, and based on that, they discourage suicide or killing in any form. Christianity in particular regards suicide as a sin, and that makes it difficult for people who wish to die because they are in too much pain, but their religion preaches against suicide. It is even against the law to commit suicide, but lately there have been questions coming out about whether people who are intensely pained by there illness should be exempt from this law, and whether or not doctors would be allowed to aid these suffering patients by providing them with lethal pills, or putting them to sleep by giving them extra doses of their medication. This is active euthanasia, where a patient, or doctor, or the combination of the two, take action to terminate life, rather than let it painfully continue for a long time, as the patient takes medicine and food, or making it drag on for a short, immensely painful period in the case where a patient refuses medication and food. For the most part, any argument against euthanasia must somehow be based on a view that life is sacred, and should never be sacrificed, at any cost, even when there is great pain to be dealt with if the life is prolonged. â€Å"Religious people dont argue that we cant kill ourselves, or get others to do it,† a BBC article about religion and ethics reports. â€Å"They know that we can do it because God has given us free will. Their argument is that it would be wrong for us to do so. They believe that every human being is the creation of God, and that this imposes certain limits on us. Our lives are not only our lives for us to do with as we see fit. To kill oneself, or to get someone else to do it for us, is to deny God, and to deny Gods rights over our lives and his right to choose the length of our lives and the way our lives end. † This summarizes a religious viewpoint that holds that euthanasia is not morally permissible. But for people who are not religious, a more basic argument in favor of euthanasia seems to arise, and that is simply whether or not people should be allowed to forfeit their lives if they are completely unsatisfied with them, or are severely pained by them. So, that might concern a simple case where someone is slowly dying of a terrible disease, and his medication deters the pain to some degree, but he is still miserable. Should that person be allowed to actively (or request that a physician actively) end his life, because he would rather forfeit his life than live on in pain and suffering? That seems to be a highly controversial issue, and from this perspective, it seems that euthanasia should be supported, at least to some degree. This could easily be a pro-euthanasia argument, as the person in pain has the right to forego medication, and refuse food and other life-sustaining attributes, which would lead to the patient’s death after a period of maximal pain, but the patent, without euthanasia, would not have the right to forfeit his life without enduring the pain from the scenario where he refuses treatment if active euthanasia is not permissible. â€Å"Some experts are gunning for a compromise. Zhu Tiezhi, a media commentator,† A China Daily article reports, â€Å"suggests the right-to-die prerequisites: the applicant must have a terminal illness that causes agonizing pain, and the diagnosis must be verified by at least two doctors; the applicant must be in a clear state of mind when he applies for it, and the application process should be repeated at least twice to make sure it is not a spur-of-the-moment thought. † This article was written after a patient who had throat cancer jumped out of a window to end his life after he was told that physicians were unable to assist him in doing so. So it seems that in certain cases, euthanasia is a more humane way for one to end his or her life than to manufacture a way him or herself. Our job is to save lives, and we dont have the right to mercy killing, said an official at the Changsha hospital,† an official at the hospital in the Hunan Province of China, where the man committed suicide, stated. But in certain cases, lives may only be prolonged, painfully, for a short time, so euthanasia would then represent a painless way of alleviating a suffering patient’s agony. â€Å"Chantal Sebire knows shes forcing people to make an agonizing decision, but agony is something she knows far too much about,† Bruce Crumley includes in his article, entitled Making a Case for Euthanasia. â€Å"The 52- year-old Dijon schoolteacher suffers from a rare disease that has left her disfigured by facial tumors, which will also damage her brain over time and eventually kill her. Her demand that French political leaders loosen laws against euthanasia has been rebuffed, so Sebire now awaits a judges decision on whether existing legislation allows doctors to assist her in ending her pain-racked life. ‘I no longer accept this enduring pain, and this protruding eye that nothing can be done about,’† Crumley writes. And unfortunately, the legal system of most countries do not recognize euthanasia as a permissible alternative to prolonged suffering, which causes many to live on in pain, wishing that they could terminate their lives instead of continuing on in agony. This seems like a reasonable right that everyone should be entitled to exercise if the time is right. People should not be forced to, because of the legal issues surrounding the issue, and anyone (such as a physician) involved, be forced to live on in agony when they could end it all by euthanasia. It seems that laws forbidding active euthanasia, or mercy killings, is based on the principle that all life is sacred, and that even extreme suffering should be fundamentally imposed on people if it could occur without their death. So death is legally regarded as impermissible when it is in any way caused by man. But what about the death penalty? There is a scenario where the government does not view life as the most sacred institution, so if exceptions are allowed, why not provide one that alleviates the constant suffering and agonies that plague people who have certain medical conditions, but are not allowed to self-terminate? â€Å"A French woman suffering from an incurable and disfiguring cancer was found dead on Wednesday, two days after a court rejected her request for medical assistance to help end her life, a source close to the government said,† an article from reuters. com reported of the woman who had petitioned to have a physician assist her in suicide. â€Å"Chantal Sebire, 52, whose face was swollen and distorted by a rare tumour in her sinuses, won heavy media coverage and the compassion of many French people in her bid to set a legal precedent for patients like her seeking to end their suffering. A court in the eastern city of Dijon ruled on Monday that Sebire could not have a doctor help her die because it would breach both the code of medical ethics and the law, under which assisted suicide is a crime. † But it seems that the code of medical ethics should make exceptions in certain cases of euthanasia. Forcing someone to die slowly in accordance with some debilitating disease is in no way more ethical or more humane than permitting that person to terminate his or her life painlessly. â€Å"After nine years, 130 deaths, and six trials, ‘Dr. Death’ Jack Kevorkian finally faces jail time for killing a desperate man who came to him for ‘help’ and found only death,† Liz Townsend writes in her article, Kevorkians Nine-Year Euthanasia Crusade Leads to Murder Conviction. â€Å"Thomas Youks death by lethal injection, administered directly by Kevorkian and nationally televised on 60 Minutes, led to a second-degree murder conviction March 26, but Youk was only one of many people who died to advance Kevorkians euthanasia crusade. ‘We believe the verdict should have been premeditated murder, but were very elated by the second-degree verdict,’ said Diane Coleman of the disability-rights group Not Dead Yet, according to the Associated Press. ‘We want to see Jack Kevorkian imprisoned for life. Its clear he has no respect for people with disabilities. ’ But is assisted suicide really a violation of the rights of someone who is disabled? In cases of physician-assisted suicide, the patient would not think so. A violation of the rights of the disabled would be ignoring a plea for assisted suicide, which would end pain and suffering. But perhaps the most basic argument for permissability of euthanasia, in at least extreme cases, should be in regards to everyone’s personal liberty. By that argument, people may say that everyone should have the right to do as they please when it concerns their own body. But an argument against personal liberty might state that similar arguments would allow drug use and other impermissible activities. So What is to be done? It seems that the best thing to do would be to, when physician’s can gauge someone’s mental aptitude, allow them to actively euthanize themselves, or assist him or her in doing so, if the patient is mentally competent, and wishes to end his or her life. And in the case of a family pulling the plug on someone (passive euthanasia) it should be permissible at all times if the patient had previously expressed a desire to die rather than remain on life support. Works Cited Appleton, Michael et al. At Home with Terminal Illness: A Family Guide to Hospice in the Home. Upper Saddle River, NJ: Prentice Hall, 1995. Barnard, C Good Life, Good Death a Doctors Case for Euthanasia and Suicide. Hbk 146pp Prentice-Hall 1980. Bold and provocative work by the famous heart surgeon. Battin, Margaret P. The Death Debate: Ethical Issues in Suicide. Upper Saddle River, NJ: Prentice Hall, 1996. The Law Society the British Medical Association. Assessment of Mental Capacity Guidance for Doctors Lawyers. Pbk 152pp British Medical Association 1995. Randall, F, Downie, R. Palliative Care Ethics A Good Companion Pbk, 202pp Oxford University Press 1996.

Monday, October 14, 2019

Business plan about cambata aviation

Business plan about cambata aviation Business Plan Executive Summary: Cambata Aviation Private Limited is a private sector leading ground handling agency in India. Currently CAPL handles more than 30 international passenger airlines, more than 10 cargo airlines and number of non-scheduled airlines operations across India. Company management would like to expand the operations of the company in coming two-three years to become pioneer in the ground handling industry. In order to succeed and become ground handling giant we need to takeover domestic ground handling market which is growing very rapidly and also attract new international, private and non-scheduled airlines towards our company. We also need to acquire new equipments to support our operations and increase productivity. Following plan will give an idea about how company is going to achieve the said objective. Cambata Aviations main strategy is to emphasize the quality of its professional services. Since CAPL is the existing and well known ground handling agency we have a backup of our expert management team that is always looks after the development of the company. Based on the size of our market, our sales projection for the next year will be $4,250,000. In order to acquire new equipments, complete all the legal formalities and for marketing we will need around $3,486,000 at start up. Company chairman invested $600,000 and rest we will borrow from bank as a long term liability. Introduction:- Cambata Aviation Private Limited (CAPL) started offering Ground Handling services in 1967 at Mumbai International airport. British Airways (formerly known as British Overseas Airways Corporation) was the first customer airline company of CAPL. In earlier days Cambata use to provide only ‘Meet and Assist services to certain airlines that includes wheelchair assistance, unaccompanied minors assistance, flight crew clearance, CIP handling. Because certain airlines provide such meet and greet services to their premium customers. Later CAPL started providing other functions like Check in, Baggage Tracer, Cargo acceptance and unitization, Flight Dispatch, Weight Balance, Ramp, Cabin Appearance, and Clearance of Company Stores Mail. Cambata Aviation is the member of the International Air Transport Association Ground Handling Council (IATA-IGHC) and approved ground handling company. At present CAPL is the only independent and private ground handling agency in India with IATA-JAR-OPS Service Level Agreement. Currently Cambata handles more than 30 international airline operations across India. The objective of CAPL is to provide highest standard of services to all the international customer airlines and to attract new airlines towards company. The services provided at CAPL are world class keeping in mind the safety and security in operation is the aim, which is the base of aviation industry. This business plan is about the expansion of the company to start ground handling activities for domestic airlines, private airlines and non-scheduled airlines as well as to provide new and innovative value added services required by the international customer airlines and purchase of new own equipments like Push back tractors, belt loaders, cargo dollies and loaders, Ground Power Units, Passenger stairs, baggage carts, wheelchair lifts and Ambulift etc. to become pioneer in the ground handling services in India. The main purpose behind this expansion is to capture whole domestic market. Since we have certain international airlines that operate twice or thrice a week so we can utilise our workforce for domestic operations as well. Day by day domestic airline market is roaring up, in the year 2006-07 there were 3 new airlines that started their operations. The Market Situation Currently Aviation industry is one of the fastest growing industries in the world, India is no exception. Earlier times at airport, airline companies used to employ their own employees but now most of the airlines ask the ground handling agencies to look after their all flight movements. This is the cost-effective basis for airline companies. Mumbais Chhatrapati Shivaji International Airport (CSIA) is Indias and South Asias largest and most important hub, handling more than 25million passengers and 533,593 tonnes of cargo. Between April 2006 and February 2007, CSIA handled 180,000 landings and take-offs and over 20 million passengers with around 6.73 million international passengers and around 13.65 million domestic passengers. As compared to the year 2005-06 passengers growth rose to 21.28%. From above statistics we can figure out that domestic sector of the Indian aviation is also coming up rapidly. Most famous domestic airlines are Jet Airways, Kingfisher Airlines, Spice Jet, Go A ir and Indigo. In case of domestic airlines there are only two ground handling agencies. At present in Mumbai there are 5 ground handling agencies namely National Aviation Company of India Limited (NACIL), Cambata Aviation, Air works India, National Aviation Services (NAS) and Globe Ground India. Among all Cambatas services is one of the best. This can be proved by the number of international airlines customers Cambata has. At Mumbai Airport Cambata handles more than 15 international passenger airlines, more than 6 cargo airlines and quite a few non-scheduled airline movements as well. Now Cambata will eye on the new entrants at Mumbai airport by introducing some new services along with ground handling. We can say that, at the time Cambata has a very good position in the ground handling market in India. It can be seen by following figures: Mission And Objectives: Every company has a vision and mission, basically mission means an exercise where all the employees of the company follows an organisational culture to work together to work towards the desired results. But I think vision is more important because it helps the company to determine the future. It serves as concrete foundation to the company. Cambata Aviation will be the most preferred Ground Handling agency in India. It will be the first choice handling agency for the international and domestic carriers, which other ground handling agencies will seek to match. Cambata Aviation will achieve this pre-eminent position by offering a high quality of service and safe, reliable and efficient operations on behalf of the airline company. Cambata will achieve these objectives at the same time ensuring consistent profitability, creating goodwill, satisfy employees and important of all satisfying customer airlines. Objectives: 1) To introduce ground handling for domestic, private, cargo and non-scheduled airlines in coming two years. 2) Acquire new equipments to provide 100% own ground handling support at the airport. 3) Provide better and innovative services to our international customer airlines. Keys To Success: 1) Thorough and stringent induction training for the employees to help them understand the responsibilities towards daily activities keeping safety and security as the motto. 2) Improving established practises of the company. 3) Maintain good relations with the customer airlines by providing best services all the time. Company Summary: As mentioned above Cambata Aviation is one of the oldest ground handling agency in India. It started in 1967 at Mumbai. Later operations of the company spreads across India, in 1972 we started our operations in Delhi and then Chennai, Ahmadabad, and Pune. CAPL looks after different operations such as passenger handling services like check-in, baggage handling, aircraft cleaning, security, ramp handling, flight despatch operations, weight and balance etc. Further company is divided into five departments namely accounts and marketing, Personnel, Passenger handling services and Human resources, cargo and ramp operations department. Accounts and marketing department looks after companys income and expenditure, bills receivables, bills payables, salaries of staff etc. and marketing of our services among new entrants. This department plays an important role in growth of company by controlling costs and increasing revenues. Start Up Expenses: Since our company is well established company we dont require raising money to cover certain expenses but as we have to complete certain formalities we need some capital. Following chart will give the description of Start up Expenses. Marketing Plan: Cambata Aviation is well established company but now we have to expand our business to provide ground handling facilities to domestic sector airlines, private airlines in coming two-three years. Also to expand the current functions we have to acquire new equipments. We need to use different strategies to expand our business to operate on domestic sector. Important thing is we have to obtain permission from Airports Authority of India and Bureau of Civil Aviation Security (BCAS) to act as an authorized ground handling agent. Currently there are only two ground handling agencies operating at domestic terminal. Our agency is the oldest one so introducing ground services at domestic terminal would be easy. As like international operations we can provide service to domestic giants. Our target customers would be emerging airlines, existing small airlines that lacks in professional skilled workforce, and new entrants in the international and domestic markets. Basically new airlines lack in skilled workforce, equipments and they have to invest lot of money in training of employees and acquiring new equipments. Here we can use our goodwill and offer ground handling services to them. We have trained workforce with proper experience and knowledge in this sector. We feel that our well trained employees will generate more goodwill by providing world class services with well maintained equipments. Market Segmentation: 1) Unsatisfied Airlines: We hope to obtain positive response from the airlines like commercial, cargo airlines that are dissatisfied with their current ground handling agency. 2) New Entrants: We can target new airlines that just started their operations. 3) Non-scheduled , Private Airlines: We can target non-scheduled aircrafts and most importantly private airlines. It will be very easy for them to hire the services for particular time and number of private airlines is on rise which can provide us a good advantage. Market Segmentation Market Needs: Due to intense competition many airlines started reducing the fare prices and cutting off other expenses. By handing over the airline operations to ground handling agencies they can cut off some of their expenses on employees. There are several airlines flying to Mumbai that are not satisfied with either the quality of the service or the poorly maintained equipments provided by their ground handling agency. Flights which we handle with our well trained workforce at all levels and well maintained equipments will confirm their dissatisfaction with our competition and generate new business for us. Almost all the airlines whether international or national require high quality of professional services with well maintained equipments. Because most of the airlines are of turnaround type they depart back within 2-3 hours after the arrival, in that short time ground staff has to work very hard because lots of activities needs to be carried out right from aircraft cleaning, catering, refuelling, baggage loading and unloading etc. Only efficient workers can do these activities fast. Cambata Aviation is well known for its efficient and world class services and because of that it handles more than 15 international airlines operations at Mumbai. We hope this awareness will generate goodwill for us and generate better opportunities as well. In short, demand for ground handling services agencies is increasing. So we should concentrate on our marketing activities, professional services and try to grab the new contracts. Market Trends And Market Growth: The cut throat competition among all the airlines resulted in the global fare cuts. Fare cuts are affecting airline companys revenues. It can be noticed that other expenses related to food and in flight service are decreased but ground handling expenses are steady. In order to cut off cost and raise revenue most of the airlines started outsourcing the major operations to the ground handling agencies. In short to cut off expenses such as training, acquisition of equipments, salaries of the staff at airport; airline companies outsource the operations of airline to ground handling agency which helps to create immense demand for the ground handling agencies. Also most of the airlines know that efficient ground handling helps to improve aircrafts productivity and generate more revenues. Due to such cost cutting measures adopted by most of the airlines, ground handling providers market is growing day by day. New global ground handling agencies are trying to start their business in India. In earlier days there were only 3-4 ground handling agencies, and now number increased to around 10. Major Competitors: 1) National Aviation Company of India Limited (NACIL): We can consider NACIL as our main competitor, being a government owned company it gets lot of benefits. Although their quality of service is not good enough still they handle around 10 international airlines and 2 domestic airlines. This is mainly because its a government owned company. NACIL has all owned equipments so they gain an upper hand as compared to other agencies in the market segment. 2) National Aviation Services (NAS): NAS has recently started their operations at Mumbai Airport. NAS has its base in Kuwait. Currently they are handling 3 international airlines and looking forward to start ground handling at domestic airport too. 3) Air Works India Limited: Air Works India is also an old ground handling agency. They mostly look after operations of Private Charter flights, they are specialised in providing services to private aircrafts. They also have their own helicopter services. Strategy And Implementation Summary: In order to gain good position in the aviation industry CAPL always try and use new strategies. CAPL always keep their staff updated with the latest technology and equipment knowledge. Cambata is well known ground handling agency in India, because of its professional and timely services. Competitive Advantages: 1) Professional Workforce: We always kept our standards at high level; our staffs undergo rigorous training after every 8 months. CAPL training modules aimed to ensure world class services and achieve the set safety and security standards in all our operations such as Passenger services, ramp handling, load control, flight operations, mishandled baggage, aircraft cabin cleaning, cargo documentation. This helps our company to grow and reach soaring heights. 2) Overall Handling Of An Aircraft Movements: Though we dont have all owned equipments we provide all the services to an aircraft from the moment aircraft touches down till airborne. Currently we have four push-back tractors, four ground power units, and important of all we have our own hanger which we can rent out in case if any aircraft needs to carry out maintenance activity. 3) Flight Report Control System (FRCS): Ours is the only ground handling agency that developed FRCS. It was developed with an aim to keep high level of productivity, vigilance and service standards. FRCS helps both the airline company and our management to keep an eye on the level of service. FRCS has to be filled up and acknowledged by customer airline duty manager. Management can use these flight reports in order to raise the standards of the company. 4) Safety And Security Manuals: Cambata has developed its own security manuals which we use for our security training sessions. Our security manual has been approved by Bureau of Civil Aviation Security (BCAS), India. This enables to reduce the frequency and severity of accidents causing personal injuries and aircraft ground damage. SWOT Analysis: SWOT analysis means analysis of our companys Strengths, Weaknesses, Opportunities and Threats. SWOT analysis helps to uncover the opportunities which we are looking for. And helps us to understand the weaknesses by which we can eliminate threats. Strengths and Weaknesses are the internal factors and opportunities and threats can be considered as external factors. It is a useful tool which can be use to analyse the position of the company in the market. In case of our company, following is the SWOT analysis of Cambata Aviation. Strengths: 1) Strong Brand and Reputation: Cambata Aviation was established in 1967 in Mumbai. It is well known ground handling agency in India with more than 30 customer airlines across India. 2) Certification: Cambata Aviation is the only independent and private ground handling agency in India with IATA-JAR-OPS Service Level Agreement. It is a member of IATA Ground Handling Council (IATA-IGHC) and also an approved ground handling agency. 3) Good Relations: After serving the international giants like British Airways, Qantas, Cathay Pacific, Alitalia, Air France etc we have very good relations with international airlines and domestic operators as well like Jet Airways for whom we look after ramp activities. 4) Professional Management And Employees: We have a team of professional experts in the aviation industry. Also we provide overall training to our employees in order to keep them updated with latest technological knowledge. 5)Location: We enjoy the benefit of our location as we have our base in Mumbai the economic capital of India. Being an economic capital people from different parts of the world visit Mumbai resulting in more international flight movements in Mumbai and we can use our professional expertise to get the contract for ground handling of most of the airlines. Weaknesses: 1) Absence Of International Branch: We are pioneer in the ground handling services in India. But we are missing the opportunities which are generating at the ‘hubs across the world. 2) Government Restrictions: Being a private company we dont have freedom in certain areas. We have to obtain proper permission from government authorities in order to start the new activities at different airports. 3) Insufficient Equipments: We lack in ownership of some equipments, which we need to hire from other ground handlers. Opportunities: 1) Developing Market: Aviation industry is growing at very fast pace. Lots of new airlines are coming into the market. We can grab the opportunities by approaching new entrants in the Indian skies. 2) New Market Segment: In India domestic aviation and private airlines activities are on rise. Domestic market is also growing very fast; new airlines are setting up their operations. We can expand our operations or services to become a giant in ground handling in both international and domestic airlines market. Airlines like Jet Airways and Kingfisher also looking forward to start international services if we provide ground handling at domestic level then obviously we can operate as their ground handling agent for international operations. 3) Ineffective Competitor: We can attract other airlines that are not happy with their ground handling agent, because of poor services. Threats: 1) New Competitor: National Aviation Services (NAS) Kuwait based ground handling giant has entered in the Indian market. Because of its global presence airlines may attract towards NAS. NAS operates as a ground handling agent for some of the airlines in Kuwait. 2) Price Wars: After the economic downturn many airlines are discontinuing their services to cut the costs. Some of the competitors like National Aviation Company of India Limited (NACIL) a government owned agency have cut the cost to attract other airlines. This could be a possible threat. 3) New Government Policy: As per new government policy only three ground handling agencies can operate at Mumbai airport. Out of that one is government owned NACIL and other two are undecided. In such circumstances we can lose our separate entity and forced to merge with other agency. Project Plan: We will need period of two years to expand the operations. Also we are planning to purchase new equipments. We can assume that after two years we can increase our profits by providing ground handling services to most of the airlines. As our main objective is to capture domestic airlines ground handling market and increase our market share in international airline ground handling market we will work hard in coming two years and grab the market share. We are expecting to achieve the said mission by proper vision in next two years. We have to invest more in our marketing and human resources for better and fast results. (Figure showing various activities carried out by Ground Handling Agency) Sales Forecast: Sales forecast shows our estimated ground and ramp handling, equipments usage, hangar usage revenue. We have a very good relationship with airline companies and many of them have expressed their interest in hiring our services. Management Summary: A strong management team is the heart of any business. Cambata is no exception; we have a very strong management team with wide experience in aviation industry, working to raise the standards of our company. Our management policy is to provide better environment to our staff wherein they can be challenged and stimulated to provide effective and better solutions that meet our customer airlines needs. Promoters And Directors: Late Mr. Kershi S. Cambata was the founder of Cambata Aviation. He was holding a Private pilot license and was ex-Royal Force personnel. He was also a pioneer in Aerial crop spraying business in India. Mr. Nelson K. Cambata- He is a trained pilot holding private pilots license. He acts as a Chairman and Managing Director of the company. He has specialised experience relating to all aspects of ground handling and management. Mr. Sarosh J. Contractor- Mr. Contractor is an Executive Director for Operations. He is a finance graduate holding 36 years of experience in Banking, Airline and ground handling industry. He is responsible for the day to day affairs of India operations. Mr. Burjor N. Nicholson- Mr. Nicholson is also an Executive Director for Finance. He has completed graduation in accounts and finance field and holds 38 years of experience in aviation industry. Above mentioned management team is at highest tier. Further tier consists of Airport Manager, Personnel Manager, and Departmental Managers or head that controls day to day operations at airport. This entire team is highly experienced and qualified in the aviation industry. Management Hierarchy: Personnel Plan: As Cambata is established company currently we have 3 personnels at Directors level. Under them we have 5 Airports manager. But in future we have to increase the number in order to divide the work properly. Our projected Personnel Plan is as follows: Companys success depends upon its employees. Now we want to expand our company so we will need more employees. Having professionals at particular place will help the company to form a solid foundation. Following data summarizes increase in our human resources. Year wise increase in Human Resources (Projected) Financial Analysis: Finance department of the company acts as a watchdog over company expenditure. It makes sure that all our operational activities are funded. It may be possible for a company to fund all the activities from operations, but certain times company may need to turn to the capital market for finance. Company has certain outside sources of money like current debt, bonds, loans etc. For all these activities we need to raise around $5 million in loans. As mentioned above we have to expand our services and also to acquire new equipments which will require huge sums of money. To begin with we have to raise money through loans and some long term investments. There are certain assumptions on which we have to rely on. General Assumption: Break Even Analysis And Costs: Break Even Analysis is calculated where total revenue received by a company is equals with the total cost associated with sales. Our fixed cost consists of rental for our hangar to Airports Authority of India, equipments routine inspection and maintenance cost, monthly fuel cost. In order to provide better service we should have our owned equipments. There are number of equipments available in the market and behind one movement of an aircraft we require almost all equipments such as tow-bars, push-back tractors, unit load device, ground power unit, baggage loader, cargo dollies, forklifts etc. These equipments are very diverse in varieties and expensive. Cambata handles more than 5 airlines at peak time so we require more equipment. It can be seen that we have to invest huge amount of money in equipments. Other costs include training activities conducted by our company. We provide training to our employees after every 8 months with updated topics. In order to get better productivity we have to invest some amount in training and development of employees. Revenue: Following table gives an idea about Revenue generated from Ground handling of single aircraft, equipments rental and hangar rental: As mentioned in the above chart, we provide ground handling services to more than 18 airlines; out of those some airlines operate twice a day daily, some operates just thrice a week. Cambata operates around 1200 arrivals and departures a year with the help of these equipments generating millions of revenue. There are some other revenue sources such as equipment rent and hangar rent. Many a times other ground handling agencies require some of the equipments so they can hire it from us at above mentioned price same in the case of our hangar.

Saturday, October 12, 2019

Rabies Symptoms :: Medical Disease

Rabies Symptoms Rabies is an extremely old disease. Some speculate that it is as old as humankind itself. Rabies belongs to a family of viruses called lyssa. Lyssa is the Greek word for rabies, which is derived from the root â€Å"lud†, which means violent. The first case of rabies was described in the 23rd century BC in the Eshuma Code of Babylon. Generally, the virus is transmitted to humans by other animals or humans who are already infected. Rabies is an extremely deadly disease, and if left untreated, it has a mortality rate greater than 99 percent. In fact, there has only been one documented case of a human that has survived this deadly disease. The course that the disease takes is often violent. (fas) Picture a dog coming down the street, madly dashing this way and that with no apparent goal other than biting anything and everything. Everything about this dog has changed. He no longer remembers his friends, and he no longer wishes o eat or drink, in fact he is hydrophobic. This lack of nutrients brings an end to the dog’s yelps of pain after a few hours or days. The cries become weak and harsh, fatigue sets in, and the animal seizes and eventually dies. This series of events is commonly known as â€Å"mad dog†. (Webster 3) The term â€Å"mad dog† may be more familiar to most people than the term â€Å"rabies† is, but they mean the same thing. The disease is usually, but not always, transmitted to humans by a bite. As the disease progresses, the sanity of the affected animal or human gradually deteriorates. By the time an individual displays the symptoms described, it has already lost its battle with the rabies virus. Rabies is a disease that must be caught as early as possible; the longer it takes to diagnose, the less chance of survival there is. The earliest sign of infection is a change in disposition. The victim may develop a troubled or 1 distracted look, which is followed by lack of desire to recognize or be friendly with others. However, in other cases an individual may become more gentle and friendly. (Webster 4-5) There are two general forms of rabies; furious rabies and dumb rabies. Frequencies of furious and dumb rabies are approximately equal in both the laboratory and in the field. Furious rabies is the more stereotypic form of rabies. Individuals often wander about, followed by signs of excessive excitability or irritability.