This Is a Summary on the Risk Management Case Study of Air...

REPORT ON RISK MANGEMENT OF AIR CANADA SUBMITTED TO : MRS.VANDANA MEHROTRA SUBMITTED BY: KUNAL KOTHARI MOHITA AGARWAL SAIMA AHMED APURV SHARMA NAINA SINGH SONAKSHI RATHI AIR CANADA- RISK MANAGEMENT INTRODUCTION: Colin Rovinescu, the Chief Executive Officer (CEO), for Air Canada was reviewing the Risk Management program of the company because the scheduled board meeting was approaching soon. He needed to deliver a comprehensive presentation in front of the board members. CHALLENGES FACED BY THE AIRLINE INDUSTRY: An Airline is a business providing a system of scheduled air transport. Also called airway. Airline industry is the business of transporting paying passengers and freight by air along regularly scheduled†¦show more content†¦Fostering a culture of change- During this time, the operating losses had turned into income and the primary reason was an increase in demand. The demand of premium cabin was near about half the $256million increase in sales. THE BOARD: The board consisted of the leaders of their own fields. It included physicians, lawyers, politicians and some of the former CEOs of airline industry. The board was relatively new and the most severe member had been there for four years. The risk management was the major issue which attracted most attention of the board and they dedicated more time on attention n risk management since the financial collapse. TYPES OF RISK: Risk management is a much broader process in aviation industry. It includes basically solutions to the various risk factors. They are as follows: * Catastrophic Risk: Despite flying being the safest form of traveling, catastrophic risk is attached with the aviation industry because if any unforeseen circumstances take place then major monitory damages happen. It lies in the LOW FREQUENY-HIGH SEVERITY zone. This type of risk is usually transferred to the third party through insurance. The entire commercial aircraft is insured in about $100 million to $250 million. * Operational Risk: It includes all the major and minor processes taking place in the company. It included: trained Human Resources, strong IT Infrastructure, management and repair of equipments. The risk involved has lowShow MoreRelatedEssay on Is Nuclear Energy Worth the Risk?1511 Words   |  7 PagesIs Nuclear Energy Worth the Risk? The capability for nuclear energy has always existed. However, not until December 2, 1942, at the University of Chicago, did nuclear energy surface. Enrico Fermi made that discovery by making a chain reaction in a pile of uranium. How a nuclear reaction works is that a neutron is â€Å"shot† through a gram of uranium, which creates fission. This causes a chain reaction, thus creating a nuclear reaction or nuclear energy. 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Bullying Starts From Unwanted Behaviors Essay - 1103 Words

Bullying starts from unwanted behaviors that are mostly produced during adolescent, around middle School years. It can even be produced by parents who are bullies, thus allowing the child to produced dominating behaviors. Bullying starts with an aggressive child who feels like they are empowered to control. They begin controlling others with their words. Kids who are so afraid of the bully have a hard time standing up for themselves, especially when schools don’t have programs to help modify controlling behaviors. Sometimes, when children are not bonded it may happen continuously. They will have to learn how to stand up for themselves. Bullying can become a serious problem if the administration is not made aware of the problem. School kids of today should communicate to parents and leaders if they encounter a problem at school. Parents and leaders should offer choices to the child that will help them solve the problem. 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Chattel Slavery as a Institution Free Essays

string(54) " voyage across the Atlantic Ocean was a perilous one\." St. Vincent and the grenadines community college| The Caribbean: A history of Chattel Slavery and what it brought to the Caribbean| An Internal Assessment| | Okieve Graham| 12/1/2011| â€Å"By the 19th century the slave ship had brought much more than chattel slaves to the Caribbean. †| Introduction: Chattel Slavery affected the Caribbean by bringing it from its Mesoamerican roots to the vibrant mix of races that coexist and cohabitate it today. We will write a custom essay sample on Chattel Slavery as a Institution or any similar topic only for you Order Now The Africans and other races brought their art, music and their very way of life to the Caribbean. I am researching this topic to go in depth and examine how the Caribbean came to be what it is today. I am driven to research this topic because it means something to us as a people, something that is worth knowing, and something that is worth remembering. It will bring the bond with our ancestral ties stronger than ever before. Knowledge is power and knowing our past will make us linked to one another. This is a step to unity to us in the Caribbean. There are arguments against this view and blatant disregard for the obvious changes in the world have been made. There are some with the beliefs of White supremacy but all this adds in the mix of different beliefs in the Caribbean. Never before in history have an entire society and race of people have been affected in such a large scale. Nonetheless, one can give thanks to our European forefathers, if those events did not occur, the Caribbean could not be the community as we knew it today. Chattel slavery not only brought commerce to its geographically unique location but it also resulted in a rich and colorful world, complete with its own mix of cultures, music, art and belief systems. Chapter 1: Origin of Chattel Slavery in the Caribbean The term â€Å"chattel† is defined as an article of tangible, personal property. One can therefore see the underlying effect of the choice of words in comparison to how the Europeans viewed the black race. They viewed the African race as a sub-species, animalistic and inhumane. This was because of their color and their religion and way of life. One must remember the Europeans believed that their religion was the only one and true way so that means their way of life was viewed as pagan. Eric Williams however stated that â€Å"Slavery was not born of racism: rather, racism was the consequence of slavery. Unfree labor in the New World was brown, white, black and yellow; Catholic, Protestant and Pagan† (7) It is his opinion that racism was not a beneficial factor in the creation of the institution of Slavery but in my further studies, race did in fact play an important role in the enslavement of the African people. Also, one can see from Williams’ deduction that religion also played a role, it was categorized according to what race you were. The labor force however comprised of the Mesoamerican inhabitants of the Caribbean, White indentured servants from Europe and Africans. White indentured servants were whites who worked in the Caribbean. There is a notable difference in their title in that, they were called servants instead of slaves. Again, white supremacy reigned in the society at that time. There was an economic need for cheap labor, hence Africans were in high abundance and it was quite cheap to acquire them and ship them across through the Atlantic to the New World. They were also a form of human capital, being property; a value was put over their head. The money which procured a white man’s services for ten years could buy a Negro for life. The economic superiority of free hired labor over slave is obvious even to the slave owner. Slave labor is given reluctantly, it is unskillful, and it lacks versatility. Not so much that the Europeans were the only ones playing apart in enslaving the Africans, but it was also African sons and brothers who helped to facilitate this. There were the men who were paid to acquire the required persons for shipment. They were known as middlemen, so one can see, whereas one African might think he was one of his own, they came to enslave and doom their own. In return for capturing the Africans, the Europeans provided those sub-par weapons and tools, not worth the total price but to the foolish middlemen, they were of the best quality. In essence, Greed was a major player in this. Eric Williams stated in his work that â€Å"Here, then is the origin of Negro slavery. The reason was economic, not racial; it has to do not with the color of the laborer, but the cheapness of labor. As compared with Indian and white labor, Negro slavery was eminently superior. † (19) From his perspective, an economic one, his deductions has all the truth attached to it. Negro slavery is indeed superior to all other races of slavery but from another view, the Europeans did have pre-existing prejudice towards the Negroid people, their hate and prejudice towards them was just amplified when encountered the Negros. This view have even been backed by Hilary Beckles and Verene Shepherd when they stated â€Å" This was a unique form of domination in which one group was defined and used another group as property; in which people were targeted for slavery because of their race; they were described as sub-human, and they were bonded to each other for life. Chattel slavery brought economic power to the Caribbean and the lives of the Negroid people has been scarred ever since the advent of African Slavery. Chattel slavery brought much more than a few million people, a whole new race to our shores. Hilary Beckles and Verene Shepherd expressed â€Å"the enslaved people survived and they protected their humanity and identity; and over time they redefined themsel ves as a new, vibrant cultural force. † (137) Chapter Two : Culture, Art, Music Religion The voyage across the Atlantic Ocean was a perilous one. You read "Chattel Slavery as a Institution" in category "Papers" Tribes from all over West Africa such as the Mande and the Mandingo congregated and stacked like sardines in one deck. They were separated from the rest of civilization and their family. Often, they could not speak to one another, whether it is by difference in language or values. Never the less, the African people adapted and they banded together, took on cultural customs and traditions that strengthened their ethnic identity. They developed attitudes and practices that shaped the Caribbean civilization as we know it today. The main idea to understand is that they were scattered. No one African was acquainted with another upon arrival, meaning they were of different tribes, different backgrounds, cultural beliefs and language. They may have had knowledge of these people before but for the first time in their life, this is where they got to be acquainted with each other. There, they shared views, beliefs, customs and their languages. For some, it was the first time they had encountered the Europeans. Rather, some had previous knowledge of the Europeans through trade, migration and war. As a result of this, some may have had knowledge of Christianity and European languages even before arrival in the Caribbean. This cultural reshaping that Africans and Europeans experienced is called ‘creolisation’. Thus, those combined with the culture of Africans and Europeans, born into the Caribbean became known as Creoles. They procured rites and rituals that exist even to this day. Simple events that we know of today are because of the forerunners, our ancestors. They observed and preserved the rites and rituals that were a part of life in Africa. The coming together of these African and Post-African ideas came together to create an Afro-Caribbean community as we know it today. Rituals such as lighting up the grave, an event that we are fond of at the end of October were part of African culture. It was a part of paying respects to our ancestor and warding our own selves from harmful spirits. Similar to this are funeral procedurals. The Africans believed that death was just the start of a journey to pass over from toil to reward and in their case at the time, a life of slavery to an eternity of freedom. Beckles and Shepherd stated in their book that â€Å"the power of ancestors was central to African-Caribbean culture. To know ancestors was to know one’s cultural identity. (140) They procured dances and music as rituals that again pay respects to their ancestors and celebration of them. It was an intense ritual in which it was said the person was possessed in order to feel the waves and moves of the dance. This was their way of attributing their ancestors, to demonstrate that in the Caribbean Africans had their own recognized ancestral culture that w as still important to them. Events on holidays and labor free days were a time of friendship and kinship. It was a time of sharing with their enslaved brothers in times of despair. They often danced on evenings (which became a part of the African-Caribbean culture). They even formed festivals where they danced and celebrated, one notable festival is the Crop-Over festival in Barbados, one that is still happening even today. They had even more established festivals and rituals where they danced such as the Gombay festival, John Canoe dance and the Kumina dance. There are even more dances each that are identifiable to each different colony in the Caribbean. They incorporated their religion from Africa in the West Indies. They brought their spirit based religions such as obeah or voodoo and myal. It was the belief of the people that it was possible for the living to use ancestral spirits to determine the future and to shape the nature of social events. The myal and obeah religion was a high prolific aspect in the community. It was used for removing curses, cures for illnesses, bless children and curious insights. Incorporation with European beliefs and African gave birth to what we know as the Baptist Faith today. This aspect of religion is still up today and continues to make its mark on the community. It’s not going anywhere time soon, even now; most grand-parents and parents believe and attend Baptist churches across the nations of the Caribbean. Notably however, West Indian Cricket became an important aspect in their communities. Cricket was invented by the English and thus it founds it way into the Caribbean during a period of war between Britain and France. The Africans observed it and began to practice it. Cricket quickly became incorporated in their communities as entertainment away from the hard days of field work. In conclusion of this chapter, the Africans brought a host of their art, religions, beliefs and cultures. They mixed and nurtured the combination of cultures that clashed in the Caribbean. They formed it to be their own and formed a new way of life. The cultural rites and rituals that exist today, that pay respect to their Ancestors while carving a path to the future, the dances that provided entertainment that procured kinship and friendship among the communities and the wider area the colonies, the art and music that is unique to the Caribbean, the only place in the world, forms a cultural boom that wavelengths across the Caribbean and make what makes the Caribbean our home. Bibliography: 1. Hilary Beckles, Shepherd, Verene. Liberties Lost: Caribbean Indigenous Societies and Slave Systems. United Kingdom: Cambridge University Press, 2004. 2. Williams, Eric. Capitalism and Slavery. United States of America: The University of North Carolina Press, 1994. 3. Verene Shepherd, Beckles, Hilary. Caribbean Slavery in the Atlantic World. Jamaica: Ian Randle Publishers, 2000 ——————————————– [ 1 ]. Eric Williams, Capitalism and Slavery. United States of America, The University of North Carolina Press, 1994, 19 [ 2 ]. Eric Williams, Capitalism and Slavery. United States of America, The University of North Carolina Press, 1994, 6 [ 3 ]. Hilary Beckles, Liberties Lost: Caribbean Indigenous Societies and Slave Systems. United Kingdom, Cambridge University Press, 2004, 137 [ 4 ]. Hilary Beckles, Liberties Lost: Caribbean Indigenous Societies and Slave Systems. United Kingdom, Cambridge University Press, 2004, 138 [ 5 ]. Hilary Beckles, Liberties Lost: Caribbean Indigenous Societies and Slave Systems. United Kingdom, Cambridge University Press, 2004, 147 How to cite Chattel Slavery as a Institution, Papers

Great Expectation Essay Setting Example For Students

Great Expectation Essay Setting Charles Dickens wrote Great Expectations in the 19th century. His main character, Pip, recieves money from a benefactor, but does not find out who it is until the end. The question Dickens may have tried to get across was, do you believe money makes you happy? Well, it depends on who you ask. It can be answered many different ways. In this story, it is answered with the saying wealth is no substitute for happiness. There are many characters in this novel to prove that statement true. Herbert is a character in the story that is content on living with a very limited money supply. Pip is another character in the story who at first, was a pauper, but in the end became to acquire money from a benefactor and ends up living his life happily. Miss Havisham is a lady who had to have luxury and riches to make her happy. Herbert, Pip, and Miss Havisham are related to this statement, wealth is no substitute for happiness.In this novel, Herbert is portrayed to us as being rather plain and simple. When we first are introduced to Mr. Herbert Pocket in Chapter 16, he is rather down to earth. His living quarters dont consist of anything expensive and luxurious. For example, (pg. 732) Herbert says this is my little bedroom, rather musty, the furniture is hired for the occasion. He is just a man managing to get along and be happy with what he has. Mr. Pocket, over time, teaches Pip how to become a gentleman. With both Herbert and Pip living in the same household, things get quite expensive. For example, with Pips lavish habits it began to lead on to other expenses Herbert could not afford. One day, Pip and Herbert were going over their affairs and comparing debts. Pip felt bad, because he had caused some of the debts. He offered to pay for the expenses he had made, but Herbert was too proud a man to ever let him do that. Just by those few examples, it truly shows that even if you dont have money, you can still be happy and have a good attitude towards life.As the story begins, we read about Pip living with his sister and her husband, Joe. They didnt live an expensive lifestyle, but managed to get along with what they had. Joe was a blacksmith, and Pip was a boy who all the neighbors could call on if they needed help with something. They earned their money the best way they knew how and were happy as could be. Then, came the day when Mr. Jaggers, a lawyer, came by Pips house. Mr. Jaggers explains to Pips family that an unknown man has great expectations for Pip. By Mr. Jaggers instructions, Pip moved to London and began to learn to live like a gentleman. He spent his money on stuff and one time eventually got himself into debt. However, no matter what, he always continued to stay happy and have a good attitude on life. Miss Havisham was once a beautiful and desirable woman; however, by the time she is first encountered in the novel, she is far from being such. She was the victim of a clever scheme to cheat her out of wealth in which Compeyson, Magwitchs mortal enemy, was involved. After being cheated, she is hurt deeply by being betrayed by her fiance, and pushed into insanity. When she was younger, she used to think riches and luxury would make her happy. As she became older and more experienced, she was still very unhappy. As a result of the terrible scheme, she is insecure and her heart is broken. .uf80cf7b385f2f00906bf844e7fb4d579 , .uf80cf7b385f2f00906bf844e7fb4d579 .postImageUrl , .uf80cf7b385f2f00906bf844e7fb4d579 .centered-text-area { min-height: 80px; position: relative; } .uf80cf7b385f2f00906bf844e7fb4d579 , .uf80cf7b385f2f00906bf844e7fb4d579:hover , .uf80cf7b385f2f00906bf844e7fb4d579:visited , .uf80cf7b385f2f00906bf844e7fb4d579:active { border:0!important; } .uf80cf7b385f2f00906bf844e7fb4d579 .clearfix:after { content: ""; display: table; clear: both; } .uf80cf7b385f2f00906bf844e7fb4d579 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf80cf7b385f2f00906bf844e7fb4d579:active , .uf80cf7b385f2f00906bf844e7fb4d579:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf80cf7b385f2f00906bf844e7fb4d579 .centered-text-area { width: 100%; position: relative ; } .uf80cf7b385f2f00906bf844e7fb4d579 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf80cf7b385f2f00906bf844e7fb4d579 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf80cf7b385f2f00906bf844e7fb4d579 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf80cf7b385f2f00906bf844e7fb4d579:hover .ctaButton { background-color: #34495E!important; } .uf80cf7b385f2f00906bf844e7fb4d579 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf80cf7b385f2f00906bf844e7fb4d579 .uf80cf7b385f2f00906bf844e7fb4d579-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf80cf7b385f2f00906bf844e7fb4d579:after { content: ""; display: block; clear: both; } READ: 12 Angry Men Essay However, she still has a lot of money, but money can not buy her happiness or keep her heart from being broken. If you are having trouble understanding the statement wealth is no substitute for happiness, then you should read Great Expectations by Charles Dickens. In his novel, he explains how money can not buy you happiness. Herbert is a plain, but yet simple man in the story. He doesnt have much money, but he is still content with his lifestyle. Take Pip for example, he was a pauper before, then a gentleman. He didnt let money get to his head, because of that, he still managed to stay happy. Last but not least, there is Miss Havisham. She is a dear old lady who had once had her heart broken in a terrible scheme. She had lots of money, but yet, she couldnt buy back her happiness. In her case, money did not let her succeed to be happy.