Finance essay topics: December 2019

Saturday, December 28, 2019

Fatigue And Its Effects On The Aviation Industry - 1479 Words

Introduction Fatigue is defined my people in many different ways. The definition I like is, Fatigue is the state of feeling very tired, weary or sleepy resulting from insufficient sleep, prolonged mental or physical work, or extended periods of stress or anxiety. (Ã¢â‚¬Å"Fatigue 2012Ã¢â‚¬ ). Fatigue plays a major role in todayÃ¢â‚¬â„¢s workplace safety and always has. It exists every day in every workplace and if not confronted could be catastrophic to the person or others. In this research we take a look at one industry in particular that is effected enormously by fatigue and thatÃ¢â‚¬â„¢s the aviation industry. Within the research it will discuss the safety concerns that are prevalent when fatigue is present, possible reasons why fatigue occurs in aviation, what is being done to lessen the effects of fatigue in the aviation industry, and what organizations and management could do differently to control fatigue even more. Methods It is no secret that fatigue can come in different forms: physical, mental, and emotional. Physical fatigue can bring about muscle soreness, oxygen debt, or extreme tiredness caused by sleep deprivation, illness, or poor nutrition. Emotional fatigue resulting from performing undesirable tasks, sometimes under challenging conditions such as lack of proper tools, inadequate lighting, and meeting completion deadlines in terms of time, may affect the degree of high levels of focus and concentration associated with complex tasks and create mental fatigue. The mentalShow MoreRelatedPilot Fatigue Essay1526 Words Ã‚ |Ã‚ 7 Pagesjust an ordinary career. However, an aviation career comes with many challenges than expected. When focusing on statistics about being a pilot, it indicates a lifestyle that many inspire to work despite the many challenges that face this career. The challenges that pilot face revolve around being rested during long flights, performing unexpected, simultaneous tas ks, and passing the medical examination in order to remain qualified. When combined with fatigue due to long flight hours, these differentRead MoreHuman Factors In The Aviation Industry1057 Words Ã‚ |Ã‚ 5 PagesThe influence of human factors within the aviation community is wide and apparent in todayÃ¢â‚¬â„¢s world. There are many human factors that all come with their own disadvantages. However, through the study and experience with human factors come improvements and ways to avoid these disadvantages. Ã¢â‚¬Å"Human factors are the science of understanding the properties of human capability. The application of this understanding applies to the design, development, deployment of systems and services, and the artRead MoreHuman Factors Caused By The Crash Of American Airlines Flight Essay1738 Words Ã‚ |Ã‚ 7 PagesFlight 1420. Crew resource management, and fatigue will be closely looked at as the major causations of Flight 1420. The various preconditions for unsafe acts will be reviewed to as they apply to this aircraft accident. The decisions made by the aircrew and the subsequent human error chain during the approach and landing of Flight 1420 will be analyzed to perhaps lessen these same series of errors from happening again in a similar situation. Key words: fatigue, crew resource management IntroductionRead MoreHow to Improve Airline Safety and Pilot Training Essay1135 Words Ã‚ |Ã‚ 5 Pageswas titled the Airline Safety and Federal Aviation Administration Extension Act of 2010 and is now called Public Law 111-216 (Public Law 111-126, 2010, 3). The bill targets five focal points that will force the Federal Aviation Administration (FAA) to run an even safer operation. These focal points include creating a pilot record database, implementation of NTSB flight crewmember training recommendations, FAA rule making on training programs, pilot fatigue, and flight crewmember screening and qualificationsRead MoreHuman Factors Of Aviation Safety : Cognitive Science1345 Words Ã‚ |Ã‚ 6 Pages Human Factors in Aviation Safety: Cognitive Science Karreem L. Lisbon Embry-Riddle Aeronautical University May 2017 Abstract Cognitive science is the interdisciplinary scientific study of minds as information processors. It includes research on how information is processed, represented, and transformed in a nervous system or machine. Human factors directly cause or contribute to many aviation incidents that develop into accidents. In this paper, I will discuss how learning, knowledge, languageRead MoreThe Problem With Ageing Aircraft1411 Words Ã‚ |Ã‚ 6 Pagesmajority of the party that are involved with it disagree[3]. With that said, it is observed that the problem with ageing aircraft starts as early as defining it. For example, according to the Federal aviation administration (FAA), ageing starts from 15 chronological years. On the contrary, the Civil Aviation Safety Authority (CASA) argues that ageing starts the day the aircraft leaves the factory[4]. Hence we observe that there is no single definition for ageing of an aircraft or a definition thatRead MoreEssay on Aircraft Maintainence1546 Words Ã‚ |Ã‚ 7 Pagesmaintenance AVIATION REGULATION AND SAFETY Question 1 A good safety record is a judgment of past performance but does not guarantee the future (PARLIAMENT of AUSTRALIA 2004) [ref.3]. Airline operators, pilots, mechanics, flight attendants, government regulators and makers all have a stake in making aviation as safe as possible. Howbeit, they are still many aircraft had been crash due to many other reasons, such as the pilotÃ¢â‚¬â„¢s error (which we called as the Ã¢â‚¬Å"human factorÃ¢â‚¬ ), factor of fatigue, weatherRead MoreStress is an everyday reality in the aviation industry, especially to pilots. Pilots face different1300 Words Ã‚ |Ã‚ 6 PagesStress is an everyday reality in the aviation industry, especially to pilots. Pilots face different kinds of stress on the job. Overload and underload on pilots is common and has always been overlooked. As a result, poses a threat to aviation safety. The society should pay a considerable attention to this issue. This essay will discuss the effect of stress on pilot performance and ways to r elief stress. It begins with definitions of stress, then it will mention the causes of stress. The essay thenRead MorePilot Fatigue Essay1122 Words Ã‚ |Ã‚ 5 PagesFatigue is a growing concern and issue in the aviation industry. Although it has been for some time, recently mounting workloads and stress have factored into creating an escalating problem with real casualties and repercussions. Ã¢â‚¬Å"Pilot fatigue, heavy workloadsÃ¢â‚¬ ¦ may have contributed to an air ambulance crashing into the sea at night during a medical missionÃ¢â‚¬ ¦Ã¢â‚¬ (Crash Blamed 2006 p.31). Fatigue is an Ã¢â‚¬Å"insidiousÃ¢â‚¬ condition that affects a pilot in a way that might make him feel justified in his decisionsRead MoreColgan Air And Continental Connection Flight 3407 Air Crash1209 Words Ã‚ |Ã‚ 5 PagesBroward Community College Colgan air/Continental Connection Flight 3407 Air Crash Hugo M. Minaya ASC 2320 Aviation Law Professor Mike Nonnemacher 5 August 2013 Ã¢â‚¬Æ' Hugo M. Minaya ASC 2320 Aviation Law Professor Mike Nonnemacher November 25, 2016 Colgan air/Continental Connection Flight 3407 Air Crash One of the most controversial and important air crash linked to human error of the modern world happened on the night of February 12, 2009. Colgan air flight 3407, operated by Continental

Fatigue And Its Effects On The Aviation Industry - 1479 Words

Friday, December 20, 2019

The Legalization Of Recreational Marijuana - 1645 Words

The legalization of recreational marijuana has recently been a widely debated topic, especially since medical marijuana was legalized in several states. Critics say that cannabis is a Class I drug that has both negative health effects and behavior effects. However, there is minimal evidence to support these claims, and none of the benefits of marijuana are taken into consideration when the arguments are made. The possession and use of recreational marijuana should be legalized in the United States because it would provide a steady source of income for the government in the form of taxation, it would reduce the sale of more dangerous drugs since they would not be present in dispensaries. Taxation collected from regulated marijuana saleÃ¢â‚¬ ¦show more contentÃ¢â‚¬ ¦Not only that, but the jobs would be easy to access for all Americans, seeing as marijuana is fairly easy to grow. According to Rich, Alex K,, and Alexander Stingl, who speak out about the positives of marijuana legalization, Ã¢â‚¬Å"Cannabis is very easy to grow and can be grown in relatively large quantities in small places, such as apartments or garages.Ã¢â‚¬ Although legalized marijuana would have to be more regulated than this, the fact that marijuana is easy and cheap to grow makes it a more profitable job. Beyond the economic growth through new jobs, taxes on marijuana will also provide the government tremendous revenue. With the legalization comes an increased demand for marijuana, which will allow the government to raise taxes. According to Jason Shubnell, Ã¢â‚¬Å"Colorado recently reported $2 million in tax revenue from recreational marijuana sales for the month of January.Ã¢â‚¬ Such a large sum of money collected in only a month of sale shows how profitable the legalization of marijuana in U.S. states would be. The possible heavy taxation, in combination with the economic gains from new jobs, is an adequate reason alone to legalize marijuana. Not only that, but the government will save a large amount of money because the amount of funding needed to hire police to enforce drug-related laws will no longer be as big of an expense. According to the Drug Policy Alliance, Washington state Ã¢â‚¬Å"is now

Thursday, December 12, 2019

Bookmaster free essay sample

Background The case bookmaster explains how Drew went to bookmaster to buy a book he wanted to enjoy reading. When Drew arrived at the bookstore and explained to the CRA what book he wanted. The CRA informed Drew that the book was instock and that there were actually two copies of the book on the shelf. However, when Drew and the CRA went to the shelf to get the book there were no copies available. Drew would have to drive to another store that was 15 miles away to get the book. The CRA then suggested to Drew to buy the ebook which was almost $20 cheaper. Drew would have to download the ebook on his computer since the Kindle and iPadÃ¢â‚¬â„¢s were too costly for him at the time. Kindle an Ipad both have many restrictions on their work and try to prevent piracy to maximize profits. Case Questions 1. Each player in the above value chain makes money by creating value for the stakeholders. We will write a custom essay sample on Bookmaster or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 2. 3. The ebook has many advantages and disadvantages. the first advantage is the development, marketing, and decreasing costs for eReaders. The second advantage is its easy accessible and can be read on any device if itÃ¢â‚¬â„¢s an apple because they are linked together. The third advantage is that marketing the product is easier on line than in a book store. The first disadvantage is that the sale price is lower so the profit margin is relatively the same. The second disadvantage is that piracy is more common and the content is easier to duplicate. The third disadvantage is that competition is very high in the digital industry. The hard copy book also has many advantages. The first is that hardcopy books are easier to stay focused on because the web-surfing variable is eliminated. The second advantage is that you can jot down your thoughts while reading. The third advantage is hardcopy books are not subject to the failure of technology. Some disadvantages to hard copy books are as follows; The cost to make the books are high. Books are harder to carry around if you have more than a few with you. The third disadvantage is the costs of books are high. 4. The role of operations in the hardcopy value chain is to print books. The role of operations in ebooks is to produce digital content and to store the content. 5. The other issues that are important on critiquing both of these is the future. Where are books headed in the future? It is important to try and forecast whether ebooks or hardcopy books will be a thing of the past.

Thursday, December 5, 2019

Business Process Management

Question: Discuss about the Business Process Management. Answer: Introduction: Business Process Modeling Week eight article tends to present the business modeling aspects in a more realistic approach, where there is a complete assertion that a business process modeling is the representative means for business activities, information flow and decision logics in business. Hence, it is asserted that the power of visualization as pertained to the diagrams provided is sufficient as it tends to act as a communication channel for the process and interactions included in between the organization (Harmon, 2014). Therefore, the overall aim of the article is to effectively outline the notion and consent that suits a business process. To effectively discuss this article tends provide process scope diagrams that define the relationship between process and the external surroundings, there is also the process flow diagrams that describe the internal relations. To provide evidence consider the case of the As-is, Could be and To-be process diagrams. The frameworks of these diagrams are built to indicate the weakness or improve consistency in an organization. Therefore, the diagrams tend to present multiple granularity levels that tend to range from the simple depictions of workflow to the simulation and execution of the set process. As a result, it tends to achieve a common understanding regarding business knowledge. Hence, the overall aim of the article is to it drive the designs and implementation of the systems through modeling in business process. The arguments developed by the article are essential as it defines and shows the benefits the business modeling process has in an organization. Since a business process is the collection of activities ranging from order, review, manufacturing and deliver process as pertained in the article. All this designs play the role of modeling so that there can be production of a certain output for a particular aim. The process modeling process as indicated by the article defines the inputs and outputs for a certain action, thus it implies strong emphasis on how work should be done in any organization. The article has a positive impact as it objectively satisfies our lesson on business process modeling. This tends to be visible based on the diagrams created in article that effectively analyze the business process modeling concerning the many aspects of management that tend to provide a detailed technical nature and process that tends to closely emphasis on the links between quality management and analytical approaches. Hence, it is relevant to state that the frameworks developed on the basis of the diagram satisfy the business process modeling outline, and gives us adequate knowledge of the process. References Harmon, P 2014, Business process change: a business process management guide for managers and process professionals, 3rd edn, Morgan Kaufmann-Elsevier, Waltham, MA. Business Process Management Week six journal outlines that setting up business process management as it ensures low cost and maintains high levels of revenue. Therefore, the article is analyzed such that it outlines the process approach to management, identify the key reasons to process standardization, describe the maturity frameworks and model, and identification of the BPM process and identify approach to improve process performance. The article outlines that through conceptualizing of organization system inputs are taken and generate values that is product or services to customers. Hence, for conceptualization there is the need of having a management system whose purpose is to organize and support the effectiveness of the business process. Management occurs in two different instances depending on the role one has in an organization; that is operational and project management (Harmon, 2014). The article also provides us with several management frameworks ranging from PMI, SEI, SCC and ITGI. If we could look at one scenario that is PMI as outlined by the article it tends to distinguish operation management and project management in an organization. In general the article provides a framework that signifies that management should be organized for the purpose of effective business process. Critics from the journal are effective in the sense that the author outlines that business process management as a discipline that combines knowledge pertained to information technology and knowledge from management science and applies the two in the operational business process. Therefore, it creates value for an enterprise by growth, better productivity, staff effectiveness, improved performance and better service delivery. It could also make a business agile in different manners such as streaming of supply operation to reach the global market, accelerating innovation and assistance in the increase of productivity. Therefore, on the basis of the journals discussion business processes tend to be pervasive. As a result, we understand that such processes act as a representation of activities that organizations undertake. Since processes act of different levels of scales, they require certain margins of tailoring. Therefore, we attain the knowledge that when trying to improve the activities one goes and seeks leverage from the advanced methodologies and technologies pertained from this journal for the purpose of consistency and efficiency. Therefore, through BPM it becomes easy to define and manage your business process so as to attain your goals. References Harmon, P 2014, Business process change: a business process management guide for managers and process professionals, 3rd edn, Morgan Kaufmann-Elsevier, Waltham, MA. (Chapter 6 and 7) Business Process Architecture Week four journal presents the architectural business process as an organizational process containing and the relationships among them. Hence, the problem of interest being perceived is that of understanding how to design structures, were a particular approach in mind can start on the basis of general normative structure that gives a pattern which derives a design (Harmon, 2014). Further argument on value chain shows that it is a process that organizations use for the generation of product or services to a certain group of customers. Hence, each step of chain add is essential for the final value of the product or services. There is also framework development of framed on several proposals that enterprises must use in guiding their architectural designs; such as the Zachman framework. For instance, the Zachman framework tends to be a vital analytical tool which helps one in thinking about the analysis of the enterprise or portion thereof (Harmon, 2014). Relating this to most architect ural process we tend to depart from such architectural designs with the intent of making use of our specific business knowledge which gives us the chance of proposing a precise and detailed pattern for the purpose of support design. On the basis of the journal, we could criticize that the methodology presented here is sufficient as it provides adequate knowledge on how we can integrate designs from architecture to business logic. Hence, it offers diverse requirements and knowledge that is detailed in process models to where application support is explicit, and the mapping requirements of models for business. But, in accordance to the argument of the article ultimate integration has adequate detailed design models that try to avoid instances where limitations may arise. In regards to this article, it has been of benefit as it complements the objectives of the lesson learnt in regards to this topic. For instance, through the use of the same type of models at different abstraction levels in the representation of business architecture, one thing that becomes certain is that the process has offered us component processes that tend to show us how to design details appear in a more fashioned way, and also avoiding of complex representations. Once, we follow the procedures and framework developed by the article it becomes easy to assert that we will have a formalized that there is a logic in our business designs. References Harmon, P 2014, Business process change: a business process management guide for managers and process professionals, 3rd edn, Morgan Kaufmann-Elsevier, Waltham, MA. (Chapter 4) Barros,O 2007 "Business processes architecture and design" BPTrends, https://www.bptrends.com/publicationfiles/05-07-ART Business%20Processes%20and%20Design-Barros.pdf