Saturday, December 28, 2019

Critical Thinking on Analysing British Airways Annual Report for 2008

Introduction British Airways, the United Kingdom’s largest international airline company flying to over 300 destinations employs nearly 50,000 people.   The company was founded in 1935. With the bulk of their work in scheduled airline services, they also engage in carrying mail and freight. (Datamonitor, 2008). A leading innovator in a number of key initiatives, British Airways continues to gain recognition as one of the first companies to print online boarding passes, work on reducing greenhouse gas emissions, and continues to strive to meet its announced goal in becoming the â€Å"world’s most responsible airline† as outlined in their annual report from 2008 http://www.scribd.com/doc/23329171/British-Airways-Strategic-Plan There are a number of key strategies that British Airways have identified and committed to implementing and these include (taken from the British Airways) Strategic Plan 2008: Improving the overall customer experience through the incorporation of text and mobile services for those paying for business class travel Update aircraft and make the fleet more modern feeling and looking. Do the same thing with modernization to the services offered by British Airways Take more responsibility on a corporate level through partnerships and overall performance Take responsibility to manage and organize cost base Part A the following ratios Profitability (return on capital employed, profit margin, EBIT margin and EBITA margin etc) short term liquidity; long term liquidity (assets turnover, interest cover, gearing ratio, liquidity ratio, current ratio,   etc) investor ratios (Earnings per share, Dividends per share, return on shareholders funds, Price/earnings or p/e ratio, etc) It is vital to structure this part of the assignment – use charts or graphs to show the ‘what’. Keep all words for the ‘how’ and ‘why’. When analysing look at information regarding liquidity, profitability and share price movements and see if share price has dropped or not if it has dropped than why it has, give reasons from notes. When doing the ratios also need to compare with British airways main competitors Air France and Delta. Perfect example of: simple introduction to the what, followed by how, followed by why. Revenue has shown an increase of $4,411m between 2007 and 2008 (38%) due to the merge between Thomson Corporation and Reuters plc creating synergies. This ties in with the companys strategy of achieving growth.

Friday, December 20, 2019

Cost Of Capital At Ameritrade - 2201 Words

Cost of Capital at Ameritrade Introduction: Ameritrade is a pioneer in the deep-discount brokerage firm market that was formed in 1971. In March 1997, Ameritrade raised $22.5 million in a stock IPO allowing the company to continue its long tradition of adopting the latest advances in technology, and substantially increasing advertising to build its brand and improve market share. Joe Ricketts, Chairman and CEO of Ameritrade Holding Corporation, wanted to improve the company’s competitive position in the deep-discount brokerage market. To do so, he was considering significant investments in technology and marketing. Factors to be considered: The Ameritrade IPO had only been issued in March 1997. Therefore, in order for Ameritrade to analyze its potential investments, it needed to compare the Betas of other similar companies since calculating a Beta based on its own stock price was not yet feasible. In order to do such an analysis Ameritrade needed to determine its type of business. It had two options: a traditional full service broker or a deep discount online brokerage firm. For the analysis of this report, we determined that Ameritrade was an online brokerage firm. Its competitors in this sphere were Charles Schwab, E-trade, Quick and Reilly, and Waterhouse Investor Services. Additionally, we did not use the stock price of E-trade in our analysis, as there were insufficient price data for E-trade to calculate risk accurately. Ameritrade needed to calculate theShow MoreRelatedCost of Capital at Ameritrade8788 Words   |  36 PagesHarvard Business School 9-201-046 Rev. April 26, 2001 Cost of Capital at Ameritrade In mid-1997, Joe Ricketts, Chairman and CEO of Ameritrade Holding Corporation, wanted to improve his company’s competitive position in deep-discount brokerage1 by taking advantage of emerging economies of scale. The success of the strategy required Ameritrade grow its customer base. The growth would require substantial investments in technology to improve service and capacity, and in advertising, to increaseRead MoreCost of Capital at Ameritrade1330 Words   |  6 PagesCase Study of Cost of Capital at Ameritrade 1-a How can the CAPM be used to estimate the cost of capital for a real business investment decision? CAPM results can be compared to the best expected rate of return that investor can possibly earn in other investments with similar risks, which is the cost of capital. Under the CAPM, the market portfolio is a well-diversified, efficient portfolio representing the non-diversifiable risk in the economy. Therefore, investments have similar risk if theyRead MoreCost of Capital at Ameritrade1450 Words   |  6 PagesCost of Capital at Ameritrade What factors should Ameritrade management consider when evaluating the proposed advertising program and technology upgrades? Why? Mr. Ricketts believes that his role as CEO is to maximize shareholder value by accepting any project whose expected return on investment is greater than the cost of capital. Therefore, the main factors that Ameritrade management should consider are the expected return on investment for the project, and how this compares to the project’sRead MoreCost of Capital at Ameritrade1080 Words   |  5 PagesCase Solution Cost of Capital at Ameritrade | | †¢ Executive summary: Formed in 1971 and listed in March 1997, Ameritrade has been one of the most successful players in the deep- discount brokerage sector. Ameritrade’s two major sources of revenue, Transaction income (brokerage commissions, clearing fees, and payment for order flow) and Net interest revenues that were generated from net balanceRead MoreAmeritrade – Cost of Capital2478 Words   |  10 PagesGroup Case 1: Ameritrade – Cost of Capital Executive Summary: As a deep-discount brokerage, Ameritrade planned to improve its competitive position by price cutting, technology enhancements, and increased advertising in mid-1997. Before initiating the plan, Ameritrade needed know whether the investment returned more than it cost. We were hired to estimate the cost of capital correctly. The key question is to find suitable comparable firms to estimate Ameritrade’s asset beta, since it was a recently-listedRead MoreEssay Ameritrade Cost of Capital1042 Words   |  5 PagesAmeritrade is formed in 1971, and is a pioneer in the deep-discount brokerage sector. In march 1997, Ameritrade raised $22.5 million in an initial public offering. Management at Ameritrade is considering substantial investments in technology and advertising, but is unsure of the appropriate cost of capital. Estimating the cost of capital 1. Since we do not have the beta for Ameritrade, we need to find comparable firms for which we could compute the betas. There are several candidates in theRead MoreCost of Capital at Ameritrade Ppt960 Words   |  4 PagesCase: Cost of Capital at Ameritrade 1 Introduction Ameritrade is formed in 1971, and is a pioneer in the deep-discount brokerage sector. [A deep-discount broker is a broker that offers lower commissions than a discount broker, but also provides fewer services to clients. Such a broker usually will not provide anything beyond execution of stock and option trades, and will charge a flat fee regardless of the size of the trade] In march 1997, Ameritrade raised $22.5 million in an initialRead MoreAmeritrade - Cost of Capital Evaluation4249 Words   |  17 PagesFinance Seminar 12.12.2011 Case Study #2 Ameritrade Company Cost of Capital Evaluation Executive Summary The Ameritrade case study analysis brought in this paper comes to estimate the final cost of capital that should be applied to Ameritrade’s technology and marketing investment project. Allegedly, the final purpose of every WACC calculation is in helping to estimate the NPV of a project in order to make a â€Å"go\no go† decision, whether it is done by an investor or a creditor. HoweverRead MoreEssay about Cost of Capital at Ameritrade1002 Words   |  5 PagesChairman and CEO of Ameritrade Holding Corporation, wanted to improve his company’s competitive position in deep-discount brokerage1 by taking advantage of emerging economies of scale. The success of the strategy required Ameritrade grow its customer base. The growth would require substantial investments in technology to improve service and capacity, and in advertising, to increase customer awareness. The strategy would require large expenditures relative to Ameritrade’s existing capital. In order to evaluateRead MoreCase Analysis Cost of Capital at Ameritrade601 Words   |  3 PagesCase analysis Cost of Capital at Ameritrade Cost of capital refers to the maximum rate of return a company must earn from its investments, so that the market values of the company’s equity shares do not go down. The people at Ameritrade are not in agreement on the best estimate of the cost of capital. Research analyst put the cost of capital at 12%, while other members of the management estimate it to be at 9% and the CFO estimates it to be at 15%. The CEO of the company is optimistic that

Thursday, December 12, 2019

Professional Practice in IT for Decommissioning - myassignmenthelp

Question: Discuss about theProfessional Practice in IT for Decommissioning Skill. Answer: Competence claim System installation/decommissioning skill: installation of critical components of the network and properly configuring them. I installed new wireless access points in building six and properly configured them. I have chosen the installation of access points on building six because it presented me with a unique environment to learn and exercise my skills. I was tasked with installation of the access points and configure them. This I did with the help one technician assigned to me by my supervisor from the department I was working in. Mr. Daniels (the technician) was there to help me whenever I needed help and to show me a few things that I was not familiar with given that he has worked in the field of IT as a technician for over five years. This piece of work is about my competence. I am going to recount all the activities I carried out to show how effective the skills were to my development both personally and professionally. As a junior network engineer and a student in the technology department at the University of Technology Sydney, I have been able to learn a lot both in and out of the class. Skills learnt in class (theory) were helpful for me at the workplace. I was able to directly relate what I have been doing in class as a student to what is expected in the work place as an employee. Working on the project enabled me to develop skills; autonomy, influence, complexity and business skill. Autonomy: The competency claim is about the installation of access points on building six so that the students could get better wireless reception and to improve the coverage distance of the wireless network. First, I had to label all the forty three access points and each correctly configured before adding them to VLAN 3120. I had also to create a VLAN called WLAN_Management in the access switch 1.203. In each floor there were twenty three to twenty seven access points installed. I had to look at one switch at a time ensuring that they are properly configured before going to the next switch. I was doing this to improve the Wi-Fi connectivity and also improve the coverage. After installing the wireless access points, I had to ensure that they were assigned to the correct subnet virtual local area network 3120. I had also to include access point 205 which was in subnet 1910 into VLAN 3210. I had to configure the access points before going ahead to fix them at various strategic points. I had to ensure that I assigned each a dynamic address that was reserved in the addressing scheme of the network found in the routing table. The assigned IP address of each AP had to fall within the addressing scheme of the subnet. There was VLAN 3210 under which the access points were connected to so that they could broadcast and dispense wireless signal in the area to enable users to connect to the Internet. Resetting the AP 205 made it possible to reconfigure the access point so that it could take up the new IP address in VLAN 3210 to avoid IP address conflicts that may arise from improper allocation of IP addresses. Influence: I had to ensure that I do proper configuration since my actions had a direct impact on the network. One instance is where I had to configure access point 205 which belonged to subnet 1910 and join it to VLAN 3210. This access point had to be configured so that it could be joined to VLAN 3210. I had to reset the access point first so that it could relinquish its IP address in the routing table before assigning it with a new IP address that matches VLAN 3210. This process made it possible to join the access point 205 to the subnet. Installation of access points in rooms from level nine to eighteen at various strategic points. I had to put I place a chassis where the access point (AP) could fit. I had to screw the chassis in place and ensure that I fix screws into place then go ahead and fix the access point. I also had to remove existing data outlets to make new space for the wireless access points. I also had to connect two cables to the wireless access points. One cable was for Ethernet, and the other was for NEC phone access. The cable for Ethernet was for providing wired Internet access for users. The students in building six had cable ports which they could be able to access the Internet. I had to configure an access point. I did the following to configure one of the access points. First I had to connect one cable to the wide area network and another to a laptop computer that I was using to configure the wireless access point. Then I had to access the control panel of the access point by putting the default administrator user name and password. I then went ahead and changed the default administrator user name and password. I then clicked on Network to show the available networks. I then clicked on the network name field and from the type drop-down dialog box selected VLAN 3210. I then went ahead and enabled connection from the mode drop-down dialog box. I then typed the IP address belonging to the Vlans default gateway. In the subnet mask field, I typed the Vlans name (VLAN 3210) enable network address translation and also enabled dynamic acquisition of IP address. After that, I saved the changes and reboot the access point to effect the changes made before proceeding to site and installing the wireless access point and joining it to the network so that it can disseminate wireless signal through a given range as indicated during configuration. I was also able to get a lot of concrete experience. Being able to work directly to solve problems added a wealth of experience into my fold. Every day I encountered new experiences which had to be approached in a myriad of ways to come up with a solution. Facing same challenges that I had also encountered before also helped in shaping my learning experiences. For example, assigning IP addresses to the access points was already done before in one of my tasks making it easy for me to tackle the issue. I also had to do a lot of reflective observation. My duties as an intern exposed me to various emotions. Sometimes I was afraid of the tasks that faced me only to face the responsibilities and find that there was nothing to be actually afraid of. I also had to compare the duties I performed with what I learned in class. The duties performed like installation, troubleshooting and customer support made it possible for me to grow professionally and intellectually. Abstract conceptualization was also a part of my routine. Whenever I was faced with any challenge or had to do a new task, I had to sit and think the issue through before going ahead to do the job. I had to have a visual representation in my head and come up with the possible ways of coming up with the solution. One time I checked through Lacoste, 2016 to get an idea that would help me in subnetting. The book had a wealth of knowledge on maters subnetting. I used the book as a reference guide to on many occasions making it easy for me to solve problems I was facing. Active experimentation also made it possible for me to come up with new ideas and innovative ways of solving problems. My experience in installing the wireless access points made it possible for me to interact with various students whose opinion came in handy on several occasions. Dealing directly with the real stuff made it possible for me to configure and reconfigure the access points. This made it possible for me to experiment how access points operate before and after configuration. How to go about the business of configuring the access points till it became a part of me. I can now say with confidence that configuring and installing access points is a walk in the park for me. Business Skill: Constant communication between the technical team, my supervisor, technician, and students improved my communication skills. Installing the access points in various strategic places through various floors in building six enabled me to interact with several students. I could meet several down the hallways and engage in greetings keeping it short and brief given that I was not allowed to talk or chat when I was performing my duties. I had to also talk to the students so that they could allow me to access their rooms whenever it was necessary. I used to access their rooms to work on the data ports located in their rooms. I had to be careful with their belongings and refrain from touching or moving them as directed by the housing department and therefore had to be permitted before I could be able to do so. The experience gained while working as an intern is a lot. Being on the ground enabled me to take a direct approach to solving problems. Whenever there were problems with the network, a network device or there was an individual who needed help, I was sent to solve the problem. Every day I experienced challenges of different nature of varying complexities. I had to be flexible in my approach to solving problems and be vigilant in my duties to provide solutions whenever one was needed. Whenever I encountered any problems, I had to consult my supervisor and other members of the technical team in my department. Constant communication between the technical team, my supervisor and the technician who was aiding me in doing the installations also went a long way I improve my communication skills. The fact that I was free to consult whenever I encountered any challenge made it possible for me to develop excellent communication skills and made me a better person in communicating my findings and activities to my supervisor. Constant engagement with the technician who was directly helping me in the installation also went a long way in helping me develop the necessary intercommunication skills needed when undertaking duties. The technical skills I learned from the various endeavors over the period that I was an intern is unparalleled. I was always tasked with doing the duties first hand. Whenever there was an issue with customer support, I was sent by my supervisor to go check it out. Installations and configurations were also given to me. Whenever there was an installation, like the installations of access points, I was tasked with installing it, crimping the Ethernet cables, assigning the right IP addresses to the access points and joining them to the right virtual local area networks. I had to see that the access points were correctly merged into the system to avoid creating any IP conflicts that might have disrupted the network. Complexity: installation of forty three access points is not an easy task. Making them work correctly by joining them to the network is even more cumbersome. Many are the times I could configure an access points set it properly to pick the reserved IP address yet the access point would fail to behave as expected. I was usually forced to reset the access point causing trouble and reconfigure it properly so that it could join to the network eliminating the possibility of interfering with the whole network. I had to take details into account keeping a keen eye on everything I was doing to avoid making silly but costly mistakes that usually arise due to carelessness. After finishing the installation and configuration of the access points, I had to do a check of the network to confirm that things were running as expected with the permission of my supervisor. I had to use a network analyzer to check through the network. I used a software (Advanced IP Scanner) to check the network devices. Advanced IP Scanner is a wonderful tool given that it is lightweight and has a friendly user interface making it easy to use. Using Advanced IP Scanner, I was able to map all the wireless access points including those newly installed. The Advanced IP Scanner was very helpful in identifying those access points and other network devices with problems. This made it easy for me to correct network errors resulting from hardware and software problems. Advanced IP Scanner is a wonderful tool that is a must have for every network administrator. I discovered a lot of knowledge working with the software. My supervisor was always there to answer my questions regarding Advanced IP Scanner. I remember him taking me through the basics and later showing me the technicalities involved with the network analyzing tool. This made my work easy, enjoyable and interesting. Every time I made a discovery that there was a problem with any of the devices I would act on the problem and whenever the problem proven stubborn, I could seek the opinion of my supervisor who would help me get a solution. This good working rapport made me grasp both personal and professional skills. Working as an intern was an eye opener for me and personally I can say that it improved my skills a great deal. The skills learned first-hand while tackling problems head on was an addition to what I had been learning in class. Working as an intern made it possible for me to explore the different career opportunities related to my major at school. I was also able to make a decision where I realized that I had chosen the right career path for myself since I enjoyed my work a great deal. I was also able to create networks for myself that could come in handy when looking for a job.

Wednesday, December 4, 2019

Macbeth Novel Essay Thesis Example For Students

Macbeth Novel Essay Thesis Macbeth was one of William Shakespeares finest plays. Although many people have read Macbeth, not many people know that King Macbeth of Scotland actually existed and what influenced Shakespeare to write about him. English culture and society as well as the historical figure Macbeth impacted Shakespeares infamous play. The historical King Macbeth reigned in Scotland for 17 years from 1040-1057. He had a wife named Coruoch and a stepson named Luloch. Although Macbeth did kill Duncan, he was not the gentle king as described in Macbeth. Killing a king was not uncommon at this time as, Macbeths 7-9 predecessors ere killed as well. In 1050, Macbeth went on a religious pilgrimage to Rome to seek absolution for Duncans death. Unlike Macbeth, Malcolm (rather than Macduff) killed the historical Macbeth. Luloch, known as the Idiot, reigned for five months after Macbeths death until Malcom overthrew him. Although there are differences between Shakespeares Macbeth and the historical figure Macbeth, it is obvious that Shakespeare based his character on this Scottish king. The person who influenced Shakespeare to write Macbeth was King James I of England, who reigned from 1566 to 1625. King James, who was also nown as King James 6 of Scotland, succeeded the throne of Queen Elizabeth. James mother, Mary Queen of Scots, was known as a tragic queen since she killed James father. At age sixteen, rivals kidnapped James and at age 20, James mother was executed. King James was intellectual, scholarly, and an insatiable curiost. His ideal of heaven was the Oxford Library. In 1584, while he was only 18 years old, James wrote Essays of Apprentice in Fine Arts of Poetry. He discussed a new translation of the bible, The Authorized Version, which is the most popular bible today. James also wrote in defense of the Divine. Right of Kings- that kings were chosen by God, but they must rule well. King James succeeded in ruling an authoritarian government, but he ruled no better than todays democratic governments. He was known as the wisest fool in Christendom. James was also eager for social reform. He wrote A Counterblast to Tobacco, which is much like the anti-smoking campaigns of modern times. When Shakespeare wrote Macbeth, he was obviously aware of James concern with witchcraft. King James wrote the Daemonologie, an account of his experiences with witchcraft. Once a witch tried to melt James image in wax, and another itch tried to poison him with toad venom. James is skeptical of witchcraft, but does not dismiss it. One significant event during King James reign was the gunpowder plot. A party of Christian zealots attempted to blow up Parliament. Henry Garnet, a Jesuit, knew of the plot but lied under questioning sine he thought it was justifiable to conceal the truth. James resented this, and many people sympathized with him. The writing of Macbeth was aimed at the head of King James. James was Scottish, like Macbeth, and enjoyed the play. Shakespeare and his actors were known as the Kings Men and Grooms of the Chamber. They received increased pay and production time. King James found an ancestor in Banquo and believed that man could ally himself with evil, but cannot create it. Macbeth emphasized the savagery of Scotland, which was all too real for James, who knew the throne of Scotland was worth struggling for. It was King James who conceived the term Great Britain when he united England and Scotland. Macbeth was deliberately written for King James I, who influenced many factors of the play. While Macbeth was a real king, Shakespeare intertwined the history of Macbeth with events of King James life to create this masterpiece.