...Peace Corps presentation Draft Nancy Shin-Lan chang 4C Listing&Speaking 1.A Story of someone be helped by Peace Corps Image that you are a Young Asia Dancer who goes to American to share your traditional culture at the Smithsonian Folklife Festival as your first time in United States. Think about what a wonderful experience this could be, you could have….. To train skilled foreign volunteers and send them to foreign countries which need help in all parts of industries is what Peace Corps do. The Peace Corps' mission has three simple goals: * Helping the people of interested countries in meeting their need for trained men and women. * Helping promote a better understanding of Americans on the part of the peoples served. * Helping promote a better understanding of other peoples on the part of Americans. Peace Corps also send Americans university graduates to other countries for volunteering and spread freedom and peace spirits to other countries. Furthermore, through the volunteering, let other countries get to know America better. 2. History of Peace Corps Peace Corps was built by the prior US president John F. Kennedy in 1960 when Kennedy challenged the students at University of Michigan to serve their country in the cause of peace by living and working in developing countries. With the inspiration, the federal government agency devoted to world peace and friendship by Peace Corps. Since 1961 to now, there are over 200,000 Americans have served in the...
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...environment, the price of airline seats would be a posted price and would stay the same until the flight would take off. This paper will try to rationalize the price discrimination that is ongoing in the airline industry, as well as seek to prove the optimality of certain routes via several online pricing sources. To price discriminate successfully, a company must have enough market power to be able to charge over marginal cost, and product resale is nearly non-existent. Although the resale of airline tickets is possible, it involves high search costs and does not eliminate restrictions such as blackout days or time-of-day-constraints. However, the airline industry is not predictable, and usually a large number of early purchases by business travelers reduce the number of available seats on flights. The airline industry is a collection of routes or markets, such as New York - Miami nonstop, or the regional intercity market in Florida. While the world has a vast number of airlines, typically only a small number of airlines participate in most routes or markets. This paper...
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...733 | Working Capital | (146) | 73 | (41) | (74) | 276121 | Debt to Asset Ratio | 0.544 | 0.586 | 0.598 | 0.5524 | 0.508 | Long-term Debt to Capital Ratio | 1:0.46 | 1:0.542 | 1:0.54 | 1:0.5 | 0.463 | Debt to Equity Ratio | 2.942 | 2.983 | 2.55 | 2.0491 | 1.655 | Times Interest Earned | 1.23 | 1.062 | 0.74 | 2.67 | 8.25 | Common stock A $100 investment in JetBlue common stock on December 31, 2002, was worth only $49 five years later. In contrast, a $100 investment in the S&P 500 index was worth $182 at the end of the same five-year period. Industry observers quipped that it was better to place money under a mattress than invest in an airline stock. According to the expert, “Airlines are a crummy business, and will always be a crummy business.” Revenue performance JetBlue revenues grew 185%, from $998 million in 2003 to $2,842 million in 2007. Operating expense Operating expenses grew by 222% during the same period. JetBlue`s fuel cost consumed 33% of its operating revenues. 1. Jet fuel expenses grew by 532% from 2003 to 2007. Operating expenses excluding jet fuel...
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...Strategic Management January 9, 2012 Discus the trends in the U.S. airline industry and how these trends might impact a company’s strategy. Change is the only thing that is constant. The airline industry has been through many changes in the past ten years. The September 11 event of 2001 sparked many changes. Security has been strictly enforced and fuel prices are at an all-time high. Many air-line companies have implemented baggage fees to help recover from the rising fuel prices and etc. There are some recent trends that have helped the air-line industry and also affected the air-line industry. With booming cellular data usage on the rise, many companies have turned to mobile apps. Smart phone applications are convenient for customers and the companies are taking advantage of the availability of these mobile devices. It is instant access and information in the palms of their hands. Airlines are increasing their reliance on technology to streamline passenger experience at check in and at the gate. Despite unfounded security concerns, paperless boarding passes have been adopted by some airlines and are being tested by others. A bar code is sent to the phone and then scanned by a barcode reader at security and during boarding. The TSA actually prefers the electronic bar codes, because they are much harder to counterfeit than printable boarding passes. One of the most recent trends that will impact the air-line industry is the European emissions regulations. Everyone...
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...Brazil during 1959. JetBlue Airways Corporation is headquartered in the New York City borough of Queens and its main base is located at the John F. Kennedy (JFK) International Airport. Prior to its name JetBlue Airways, David Neeleman founded this company under the name “New Air” and several of the employees who once worked for JetBlue Airways also worked for Southwest Airlines prior to working for JetBlue. During February 2000, JetBlue Airways received formal U.S. authorization to launch its first ceremonial flight between Buffalo and New York City, which then made the John F. Kennedy (JFK) International Airport its core location. Upon its initial opening, JetBlue Airways aimed to carry some of Southwest Airlines’ different approaches over to its corporation, such as offering low-cost travel; however, JetBlue also wanted to differentiate itself by offering in-flight entertainment, televisions on every seat along with satellite radio and to overall “bring humanity back to air travel, " as Neeleman once stated (JetBlue Airways and Thompson, A. A., Strickland, A. J., & Gamble, J. E., 2010). Over the course of six, rapid years, JetBlue Airways grew to be one of the largest airline industries, in which the year 2000 JetBlue had boarded its millionth passenger. Later that year, JetBlue began to provide services from JFK to Buffalo and Rochester, New York, Burlington, Vermont, Oakland and Ontario, California and many more destinations. Each customer that flew with JetBlue Airways...
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...Research and Application 7-20 Dan Mahaffey BUS630- Kuhn Week 3 Assignment 1 3/7/2011 * What is JetBlue’s strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? What evidence supports your conclusion? A review of JetBlue’s 10-K/A(JetBlue 2005) demonstrate that they focus on product leadership with customer value proposition. It is clear to see that JetBlue had the highest load limits in the industry and that they have a strong customer focus demonstrated by their statement that they “aim to provide high quality service coupled with lower fares” showing their customer value proposition. * What business risks does JetBlue face that may threaten the company’s ability to satisfy stockholder expectations? What are some examples of control activities that the company could use to reduce these risks? (Hint: Focus on pages 17-23 of the 10-K/A.) Similar to all airline companies JetBlue must contend with the volatile variable pricing of their highest cost commodity which is required for almost all revenue generation; fuel costs (Alexander 2011). An unexpected rise in fuel costs, such as that associated with current events in Libya (Alexander 2011) will reduce JetBlue’s earnings per share causing them to be diluted. Aside from the volatilility of fuel costs, JetBlue, like most other global corporations, will face a risk associated with using the US dollar...
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...I. Overview of Air Cargo Security Management 1. General Air Cargo Security Situation Today, aviation is one of the world’s most important business. The growth of the industry over the past decades has made it one of the biggest contributor to the expansion of global economy. Therefore, an emphasis on airline security is undoubtedly important. Logistics security is not only contingent on safe passage and avoidance of hazards, but also assurance that goods have not been tampered with and kept secure. There are several security threats such as Terrorism, Organised Crime and Cargo Theft, Hijacking and Piracy, Drug/human smuggling, Illegal weapons, Counterfeit goods, Illegal exports of licensed materials/technology For instance, transnational criminal organizations use the aviation system to transport contraband and, increasingly, people across the globe. Cocaine smugglers have used the FedEx air delivery system to transport their products across the United States, and narcotics smugglers from Guyana have used U.S Mail pouches to smuggle millions of dollars worth of cocaine into the United States through JFK. Hijackings were the most popular tactic for many individuals. Between 1967 and 2004 there were nearly 1000 airline hijackings. It is estimated that approximately 85 percent were carried out for political purposes. The rest were conducted by terrorists. The international civil aviation regime began to respond to the menace, deploying the so-called X-ray machines, for example...
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... JetBlue trounced its competition by offering low‐cost, customer‐focused service. Under the direction of the energetic David Neeleman, JetBlue became a major player in the airline industry. Operating domestic flights on a point‐to‐point system, JetBlue primarily manages East‐West and Northeast‐Southeast routes. While this route structure initially proved profitable for the company, rising costs and heated price competition are currently threatening JetBlue’s market share. The company’s stock price has dropped drastically since reaching a high of over $30 in 2004. Currently priced at less than half its 52‐week high, JetBlue must take serious strategic action in order to reinvigorate its business. After working with low‐fare carrier Southwest, a touch‐screen airline reservation company, and a small upstart airline in Canada, David Neeleman...
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...HEAVY EDIT JetBlue Airlines: Getting “Blue” again?* JetBlue posted a net income $97 million in 2010. The airline continues to pursue its goal of becoming ―the Americas‘ Favorite Airline‖ and aims attainting positive free cash flow and long term sustainable growth while maintaining adequate liquidity position. Financially, the airline was far better than after the Valentine day fiasco in February 2007 and subsequent loss of $84 million in 2008. It focuses on controlling costs, maximizing unit revenues, managing capital expenditures and aims at achieving disciplined growth (see Exhibit 1).1 However, in the recent years, JetBlue appears to be moving away from its core strategy, in quite interesting ways, of being a low-cost player providing the distinctive ―JetBlue experience.‖ In its efforts to boost revenues, the airline began charging $10 to $20 for seats with extra legroom, doubled its ticket-change fee to $100, and introduced refundable tickets that cost more than nonrefundable ones. Further, the airline began charging $7 for a pillow-and-blanket kit, an amenity usually provided free of charge by other airlines.2 Breaking another low-cost rule, JetBlue moved away from ticket sales through its own Web site and signed up with travel agencies and the Galileo and Sabre global distribution systems in August 2006 and with online travel agencies such as Orbitz in January 2008. Further, it sold approximately 42.6 million shares of common stock to Deutsche Lufthansa, the German...
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...The company I currently work at is called Airserv Corporation. It is a service based company that provides JFK Airport and other airports worldwide, wheelchair services, food services, check-in services, and a multitude of others based on the contracts signed by airlines. One of the communication concepts that I have seen since working here has been that they are very prone to the administrative approach in this organization (Hynes, 2010). The organization I work for is managed very administratively with a chain of command and a great deal of organization but it lacks the communication and employee relationship that is necessary to maintain good business and communication. The managers are very focused on a couple of Fayol's principles. Let me go into depth here on exactly what I'm referring too to give you a better understanding. There is a division of work at my company, as defined by Fayol's principles. Workers are assigned locations and are limited to these "zones" where they are to stay during the duration of their shifts. The authority principle is also evident (Hynes, 2010). My managers tend to go after the authoritative stance on many issues we have faced at Airserv. They are quick order things that are necessary to keep the day "running smooth" and they have gained a greater deal of authority based on their skills and experience in the field of work that their employees are needed in. Another principle of Fayol's that my company has exhibited is how subordinate individual...
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...general education courses. The IGETC pattern is most useful for students who want to keep their options open before making a final decision about transferring to a particular UC or CSU campus. Completion of IGETC does NOT guaranteed admission, nor is it required for admission. Some students may be better served by taking courses, that fulfill the CSU General Education-Breadth requirements or the requirements of the UC campus or other college to which they plan to transfer. Students pursuing majors that require extensive lower-division major preparation may not find the IGETC option to be advantageous. Engineering, Architecture, and Liberal Studies are examples of those majors. Roosevelt and Revelle Colleges at UC San Diego, the Haas School of Business at UC Berkeley, and the College of Environmental Design (Architecture & Landscape Architecture majors) at UC Berkeley will not accept the IGETC. Schools of Engineering do not generally recommend the IGETC. Before selecting any courses, please see a counselor for assistance in planning your program. Courses completed at a California Community College will be applied to the subject area in which they were listed by the institution where the work was completed. Coursework from other United States regionally accredited institutions can be used on IGETC. Each course must be deemed equivalent to a course on any California Community College’s approved IGETC course list, and must be used in the area designated on the IGETC course list. All...
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...Executive Summary The “Dream” team will recommend Ann Rhoades to emphasize her presentation to focus on strategically developing and leveraging human capital architecture for executing JetBlue Airlines mission and vision, while striving towards sustainable strategic success. JetBlue is invested in executing and aligning resources and processes to providing every patron the ultimate flying experience. As a result of this commitment, JetBlue has achieved the acme of being ranked highest among low cost carriers for eight consecutive years by patrons within the airline industry for customer satisfaction dating back since 2005 (Mutzabaugh, 2012). JetBlue has strategic alignments in place that can replicate South West Airlines success when it comes to managing and sustaining congruent and horizontal fit human capital architecture. The portability of executive employees from South West Airlines to JetBlue has created an organizational advantage by incorporating successful components of HCA, while avoiding disadvantageous philosophy of closed culture to innovation using their retrospective experiences to make prospective decisions. This was the first step in securing valuable company specific pivotal human capital which translates into achieving a commitment to attaining and sustaining a competitive advantage. Resource support through innovative approach financial investment and industry experience has been integral for JetBlue’s successful start. JetBlue was started up with...
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...Airport Sustainability Theresa James Sustainable Marketing 12/1/15 Abstract The Air Transportation Association (ATA) and International Air Transportation Association (IATA) have been responsible for maintaining sustainability in the Aviation sectors of today’s markets. There are three indicators that the ATA and the IATA use; they are environmental, economic and social. The airline industry believes that by reducing their carbon footprint they may be able to attract conscientious travelers. Many airports worldwide are recognized for their contributions for their sustainable practices in the sector Air transportation is considered to be an essential in a modernized society. However, air transportation causes harsh impact on the environments. The air transportation system is considered to be the number one cause of air pollutants, especially Carbon dioxide. “Emissions from air transportation have continuously increased over time, accounting for about 4% of carbon emissions from developed countries.” (Safe Guarding Our Atmosphere, 2011) Demand for air transportation and airport capacity continues to rise, but is impacted by environmental limits, such as land use compatibility. According the Federal Aviation Administration’s (FAA) 2011 forecast, one billion passengers are projected to be flown in 2021 and aviation growth over the next five years is expected to jump 5.3%. Adopting sustainable measures is a slow process and goes beyond the minimum environmental requirements...
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..."Affirmative Action" was initiated in the early 1960's by President John F. Kennedy in an attempt to improve employment and educational opportunities for people belonging to a minority population ("Affirmative Action"). After the assassination of JFK, Lyndon B. Johnson signed the Civil Rights Act of 1964 into law. This act started a wave of affirmative action that would later impact every American opportunity ("Civil Rights Act"). At the end of the decade businesses across America were enforcing provisions set forth by the Civil Rights Act, along with other legal enforcements that assisted minority groups of race, disability, gender, ethnicity and age. Though he was against the idea of meeting quotas in the workplace, President Richard Nixon in 1969 used the city of Philadelphia as a test when he "required federal contractors to show "affirmative action" to meet the goals of increasing minority employment" (Brunner). The quotas also found a way into the federally funded educational institutions as by this time numerous regulations had been initiated insisting the entrance of minority group members (Eisaguirre 2). While there were many supporters of affirmative action who saw this as the only way to change the historically discriminative American society, many others saw a trend of reverse discrimination in the nation (Eisaguirre 3). Although I believe that the plan of affirmative action has been beneficial to attain equal rights in our society, I don't think that these ideas can...
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