Physical and Online Presence of My Valuer-Free-Samples for Students

Question: Suggest and clarify in any event two techniques how the organization could coordinate this computerized system with their physical world procedure. Legitimize this procedure as indicated by the ideal development and situating of your association and the objective client. Answer: Answer: My Valuer incorporates its physical nearness technique with its advanced systems in the accompanying manners: Creating suitable data: My Valuer builds up a solid site which gives the guests data about the firm, the work force guests can contact to get their properties esteemed and about their corporate social obligation towards the neighborhood network. These highlights makes positive watcher experience, gives the watchers that they can benefit the administrations of My Valuer at spots of their accommodations (each spot) and get trade offers like limits or free help, all of which contribute towards drawing in them to incline toward administrations of the firm to esteem their properties (myvaluer.net.nz, 2018). Compose occasions: My Valuer composes occasions to raise store to help the nearby populace of Hawkes Bay which comprise of Europeans, Maoris and individuals of Asia-Pacific starting point. The firm holds occasions like shave for a fix to fund-raise for individuals experiencing maladies like leukemia and other muddled blood issue. The official site of the qualities the corporate social duties with the advanced property while the occasions give them the physical nearness traits (MacDonald, 2018). Examination of the two techniques: The two procedures of advancement of fitting data and sorting out occasions permit My Valuer to situate itself deliberately in the market of New Zealand to pull in proper client fragments. The occasions and physical outlets give the firm perceivability in the market. Its solid online nearness through its site and long range informal communication sites empowers the organization to speak with its objective clients. One can call attention to that the principle business tasks of the organization comprise of valuation of advantages like land and offering clients warning administrations. Subsequently, it very well may be called attention to that the objective client portion of the organization comprise of privileged and white collar class segment of the general public. Along these lines, it tends to be summed up that suitable physical and advanced nearness of the organization empowers My Valuer to situate itself in the market to pull in upper and white collar class clients (myvaluer.net.n z, 2018) References: My Community. (2018).Myvaluer.net.nz. Recovered 8 April 2018, from https://www.myvaluer.net.nz/network/ MacDonald, K. I. (2018). Business, biodiversity and new fields of protection: the world preservation congress and the renegotiation of authoritative request. InThe Anthropology of Conservation NGOs(pp. 71-119). Palgrave Macmillan, Cham.

Project Management- Essay Example | Topics and Well Written Essays - 3750 words

Venture Management- - Essay Example From the turn of the thousand years to 2002, the industry became over 200% and produced incomes about $289 million out of 2002 alone. In 2004, the income produced by this industry totaled up to around $947 million. Moreover, confidence kept on running high as an examination bunch predicated that the development of ICT-based administrations would develop to $200 billion before the decade's over, with call focuses getting a charge out of a decent amount of $42 billion of the income (White, 2014). Reports guarantee that the United States alone cases over 1.5 million seats and another 1 million standing by to be redistributed and the United Kingdom just has around 500,000 seats just holding on to be re-appropriated. Keeping in accordance with this, this paper will examine the way toward making another control and call focus that will house the police, rescue vehicle and fire salvage crisis administrations, which will get and manage every one of the 999 crisis and non-crisis calls that wi ll be utilized by both England and Wales residents. In detail, it will (1) recognize key illustrative viewpoints/issues/contentions identifying with this task; (2) survey the advantages/qualities and issues/shortcomings/inadequacies/entanglements, appropriate, regarding executing the pilot; (3) evaluate the degree to which formal program and undertaking the executives would give cost or potentially proficiency reserve funds; and (4) give a lot of good practice/direction proposals that can be prove and additionally upheld from the finding of your audit. A call community alludes to a halfway based client care activity where its operators manage calls for a client/guest (D’Cruz and Noronha, 2006). Clients change from crisis guests, non-crisis guests, mail-request list houses, PC item help work areas, telemarketing organizations, banks, protection gatherings and money related administrations, transportation and cargo taking care of firms, IT organizations and inns, among others. The

4 Steps to Mastering Choice Driven Productivity - Focus

4 Steps to Mastering Choice Driven Productivity - Focus This is a guest post by Mark Woods. Mark is a Productivity Trainer, Business Consultant, Speaker Author of ‘Attack Your Day! Before it Attacks You’. Connect with Mark on Twitter or at  Attack Your Day. How wisely do you invest your time? Good investment of time comes down to prioritizing activities and choosing what we’re going to do next. In today’s fast-paced  and technology driven world, top producers are simply great activity choosers. By mastering choice driven productivity, these top producers know when and where to invest their time for maximum output. In this article, I’ll share with you how you can master choice driven productivity to make the most of your day. 1. Learn When to Say No An essential part of choosing activities is also knowing when to refuse activities. These are the activities that are fun to do but have low to no payoff. These are also the activities that come to us during the day from others in the form of chat messages, text messages, emails, phone calls, and drop-in visitors. So if you often ask yourself, “where did my day go?”, then consider the following. Learn to say no. Most people think saying no only means saying no to other people. The reality is that it begins with saying no to ourselves first.  There is always the temptation to say yes to things that are fun, fast, and instantly rewarding. For me, it’s purging my email spam folder. This is a fun activity and one that is instantly gratifying, but it’s not something I should do first thing in the morning when I am most alert and focused. 2. Avoid the Temptation of Instant Reward We also tend to welcome interruptions as an excuse for procrastinating on things that we just really don’t want to do. Examples might include the expense report you’ve been putting off, or responding to a customer complaint email.   When we choose activities that tend to be instantly rewarding over those that have high-payoff, our productivity goes down. What’s the best way to gain control of time and increase your productivity? First, take some time to create clarity of purpose. Gain a clear understanding of your desired result before committing to the activity or task. Ask yourself, “Is this activity going to get me closer to the completion of a project or goal?” The skill of making effectual choices starts with this process. Once clarity of your desired outcome has been established, it’s possible to choose and refuse daily activities to ensure the choices you make will drive productivity. 3. Prioritize Your Tasks with Color Next, you must have a method to quickly prioritize your choices. In our book, Attack Your Day! Before it Attacks You, we suggest prioritizing your daily activities with the colors of a traffic light. We assign the colors of the traffic light to three types of activities we deal with every day. Green, Yellow and Red. Red = Urgent Red means stop whatever you are doing and do the red activity as soon as possible.  Activities that are classified as red are urgent and provide a high payoff, meaning they require some form of immediate action.   Examples include; a project deadline, a customer complaint or a sudden demand from the boss. Green = Go A task classified as green means go. Green activities do not require an immediate response. In other words, they are not urgent but are value-adding activities and must be done to complete a project or achieve a desired goal. Greens are the majority of the activities you set out to accomplish when planning and arranging your day. Examples of green include; a customer call, creating proposals, building business relationships, exercise, research, team meeting, prospecting or other activities attached to a project or goal. Yellow = Caution Yellow means caution. They do not require immediate action like red. They may not be value-added activities like greens. But, yellow activities do need to be done at some point in the future, but not today, tomorrow, or maybe even this week. Be aware: Sometimes yellow activities come to us wrapped in the context of counterfeit urgency, like when a co-worker drops in stating our help is needed right now! One of the challenges of technology today is that it can create false urgency. An email or instant message announced with a beep or an alarm can easily catch our attention and seem urgent, when often they are not urgent at all. When this occurs, remember that yellow means caution. They can and should be rescheduled for a later time that is more appropriate. Think of yellow activities as your list of all future activities that need to be done. Stay on track with your daily tasks, using MeisterTask. 4. Begin Each Day with a Prioritized Plan Begin each day by color-coding your choices in both your work and personal life, asking yourself the following questions: What color is this activity and is this activity necessary for the completion of a project or goal? Avoid the ricochet effect to stay on task. The ricochet effect is the human tendency to lose focus after an interruption. Interruptions break our continuity of thought. They can result in our failure to refocus on what we were doing before the distraction. This can minimize our effectiveness. Making a prioritized list using red, green and yellow at the beginning of the day is a good way to correct this tendency. But be wary, this only helps if we keep the list visible at all times. When the list is constantly in our view, it serves as a tool to re-anchor our attention after an interruption. Sailing through the day without something to remind us to keep on task is like trying to navigate without a rudder. So question all activities, interruptions, and distractions that come your way during the day and drive your productivity to new heights. So theres Mark Woods advice on how to manage your time and increase your productive output by color-coding your way to mastering choice driven productivity. If you have any questions, comments or feedback, let us know in the comments below! Discover productive task management Sign up for MeisterTask Its free! Sign up for MeisterTask 4 Steps to Mastering Choice Driven Productivity - Focus This is a guest post by Mark Woods. Mark is a Productivity Trainer, Business Consultant, Speaker Author of ‘Attack Your Day! Before it Attacks You’. Connect with Mark on Twitter or at  Attack Your Day. How wisely do you invest your time? Good investment of time comes down to prioritizing activities and choosing what we’re going to do next. In today’s fast-paced  and technology driven world, top producers are simply great activity choosers. By mastering choice driven productivity, these top producers know when and where to invest their time for maximum output. In this article, I’ll share with you how you can master choice driven productivity to make the most of your day. 1. Learn When to Say No An essential part of choosing activities is also knowing when to refuse activities. These are the activities that are fun to do but have low to no payoff. These are also the activities that come to us during the day from others in the form of chat messages, text messages, emails, phone calls, and drop-in visitors. So if you often ask yourself, “where did my day go?”, then consider the following. Learn to say no. Most people think saying no only means saying no to other people. The reality is that it begins with saying no to ourselves first.  There is always the temptation to say yes to things that are fun, fast, and instantly rewarding. For me, it’s purging my email spam folder. This is a fun activity and one that is instantly gratifying, but it’s not something I should do first thing in the morning when I am most alert and focused. 2. Avoid the Temptation of Instant Reward We also tend to welcome interruptions as an excuse for procrastinating on things that we just really don’t want to do. Examples might include the expense report you’ve been putting off, or responding to a customer complaint email.   When we choose activities that tend to be instantly rewarding over those that have high-payoff, our productivity goes down. What’s the best way to gain control of time and increase your productivity? First, take some time to create clarity of purpose. Gain a clear understanding of your desired result before committing to the activity or task. Ask yourself, “Is this activity going to get me closer to the completion of a project or goal?” The skill of making effectual choices starts with this process. Once clarity of your desired outcome has been established, it’s possible to choose and refuse daily activities to ensure the choices you make will drive productivity. 3. Prioritize Your Tasks with Color Next, you must have a method to quickly prioritize your choices. In our book, Attack Your Day! Before it Attacks You, we suggest prioritizing your daily activities with the colors of a traffic light. We assign the colors of the traffic light to three types of activities we deal with every day. Green, Yellow and Red. Red = Urgent Red means stop whatever you are doing and do the red activity as soon as possible.  Activities that are classified as red are urgent and provide a high payoff, meaning they require some form of immediate action.   Examples include; a project deadline, a customer complaint or a sudden demand from the boss. Green = Go A task classified as green means go. Green activities do not require an immediate response. In other words, they are not urgent but are value-adding activities and must be done to complete a project or achieve a desired goal. Greens are the majority of the activities you set out to accomplish when planning and arranging your day. Examples of green include; a customer call, creating proposals, building business relationships, exercise, research, team meeting, prospecting or other activities attached to a project or goal. Yellow = Caution Yellow means caution. They do not require immediate action like red. They may not be value-added activities like greens. But, yellow activities do need to be done at some point in the future, but not today, tomorrow, or maybe even this week. Be aware: Sometimes yellow activities come to us wrapped in the context of counterfeit urgency, like when a co-worker drops in stating our help is needed right now! One of the challenges of technology today is that it can create false urgency. An email or instant message announced with a beep or an alarm can easily catch our attention and seem urgent, when often they are not urgent at all. When this occurs, remember that yellow means caution. They can and should be rescheduled for a later time that is more appropriate. Think of yellow activities as your list of all future activities that need to be done. Stay on track with your daily tasks, using MeisterTask. 4. Begin Each Day with a Prioritized Plan Begin each day by color-coding your choices in both your work and personal life, asking yourself the following questions: What color is this activity and is this activity necessary for the completion of a project or goal? Avoid the ricochet effect to stay on task. The ricochet effect is the human tendency to lose focus after an interruption. Interruptions break our continuity of thought. They can result in our failure to refocus on what we were doing before the distraction. This can minimize our effectiveness. Making a prioritized list using red, green and yellow at the beginning of the day is a good way to correct this tendency. But be wary, this only helps if we keep the list visible at all times. When the list is constantly in our view, it serves as a tool to re-anchor our attention after an interruption. Sailing through the day without something to remind us to keep on task is like trying to navigate without a rudder. So question all activities, interruptions, and distractions that come your way during the day and drive your productivity to new heights. So theres Mark Woods advice on how to manage your time and increase your productive output by color-coding your way to mastering choice driven productivity. If you have any questions, comments or feedback, let us know in the comments below! Discover productive task management Sign up for MeisterTask Its free! Sign up for MeisterTask

The Black Panther Party

The Black Panther Party was established in 1966 by Huey P. Newton, Bobby Seale and David Hilliard in Oakland, Ca. The three college students created the organization to provide protection to African-Americans against police brutality.   Within its first few years, the group gained national and international prominence for actions that were considered radical by critics and lauded by supporters.   As a result, of its revolutionary tactics several members of the  Ã‚  Student Nonviolent Coordinating Committee (SNCC)  joined the Black Panther Party to create the Black Power Movement.   1966   October:   Huey P. Newton, Bobby Seale and David Hilliard establish the Black Panther Party of Self-Defense in Oakland, Ca. December: Bobby Hutton, a 16-year-old, is the first male recruit of the Black Panther Party. 1967 January: The Black Panther Party establishes its first headquarters—a storefront on Grove Street in Oakland, Ca.Members Kenny Freeman and Roy Ballard establish the Black Panther Party of Northern California in San Francisco. February: Writer Eldridge Cleaver joins the Party.Members of the Black Panther Party are attacked by law enforcement outside the office of Ramparts magazine while escorting Betty Shabazz, widow of Malcolm X.    April:   BPP publishes the first issue of Black Panther Party: Black Community News Service. This publication will become the organizations official news publication. May: H. Rap Brown becomes national chair of the Student Nonviolent Coordinating Committee (SNCC). Stokely Carmichael preceded Brown in this role.An estimated 26 armed BPP members are arrested in Sacramento after invading the state legislature hearing on gun-control laws. 1968 January: The Southern California branch of the BPP is established by Alprentice â€Å"Bunchy† Carter. Carter was also named Deputy Minister of Defense by Newton.A rally is held for the â€Å"Oakland Seven,† an anti-war protest group who were arrested in October of 1967 during the â€Å"Stop the Draft Week† protest.   February: A coalition between the BPP and SNCC is established at a rally honoring Newton. March: Cleaver’s Soul on Ice is published. It is a collection of essays written by Cleaver when he was incarcerated.Arthur Carter is killed by government officials. Carter becomes the first member of the BPP to be murdered. April: The BPP opens an office in New York City.Martin Luther King Jr. is assassinated in Memphis.Bobby Hutton, the BPP’s first recruit as well as the organization’s national treasurer is murdered by Oakland law enforcement officials. June:   The alliance formed between SNCC and the BPP ends. As a result, Carmichael is forced to leave SNCC and joins the BPP. August: From August 25 to August 29, the BPP participates in anti-War rioting in Chicago at the Democratic National Convention. September: Newton is found guilty of voluntary manslaughter of an Oakland, police officer. He is sentenced to two to fifteen years in prison. David Hilliard assumes control of the BPP in Newton’s absence. Newton’s conviction is later appealed and reversed. November: The BPP develops several initiatives such as a free breakfast program for low-income children. 1969 January: BPP rolls out its free breakfast program for children at St. Augustine’s Church in Oakland. Other programs follow in areas throughout California as well as New York City. March: Following a speech delivered by Kathleen Cleaver, students at Mills College takeover Robert J. Werk’s office. The college’s president is held prisoner for several hours as students demand minority involvement in student affairs.Bobby Seale is indicted and charged with organizing the riots at the 1968 Democratic National Convention. April: Carmichael relocates to Guinea with his wife, Mariam Makeba. June: J. Edgar Hoover of the FBI declares â€Å"†¦the Black Panther Party, without question, represents the greatest threat to internal security of the country. He pledges that 1969 would be the last year of the Partys existence.Carmichael leaves the BPP citing political differences with other prominent members. August: Newton wins an appeal, and he is released from prison.Seale is arrested in Berkeley. He is charged with organizing the 1968 Democratic National Convention riots as well as the murder of a BPP member named Alex Rackley. December: BPP leaders Fred Hampton and Mark Clark are found dead in a Chicago apartment following a police raid. 1970 March: Seale’s book, Seize the Time: The Story of the BPP and Huey Newton is published. October: Charges against Seale and other members of the Chicago 8 are dropped. 1971 February: Citing differing points of view on how the BPP should be run, Cleaver expels Newton and Hilliard. 1972 A collection of essays and speeches, To Die for the People, by Huey P. Newton is published. Newton declares that the BPP is â€Å"putting down the gun† and working within the law to help the African-American community progress. Newton also tries to persuade all African-Americans, poor people, and progressive Americans to support Representative Shirley Chisolm for the presidential nomination. 1973 March: Newton publishes his autobiography, Revolutionary Suicide. April: Elaine Brown  runs for the Oakland City Council while Bobby Seale runs for mayor of Oakland. 1974 August: Attempting to avoid jail time, Newton flees to Cuba following two assault charges.Elaine Brown assumes administrative roles of BPP. 1989 August: Newton is killed in West Oakland.

Definition and Examples of Alliteration in English

Alliteration (also known as head rhyme, initial rhyme, or front rhyme) is a device in written and spoken languages in which a string of words and phrases repeats the same letter or letter combinations. Much of childrens poetry uses alliteration: Peter Piper picked a peck of pickled peppers is a memorable tongue-twister taught to English-speaking children. It is initially alliterative on the letter p—and internally repetitive on the letters p and ck. But it isnt the specific letter that makes a phrase alliterative, it is the sound: so you could say that the alliterative function of Peter and his peppers includes the p_k and p_p sounds. Meaning in Poetry Alliteration is probably most often used for humorous reasons, to elicit a giggle in children, but in skilled hands, it can mean quite a bit more. In The Bells American poet Edgar Allan Poe memorably used it to illustrate the emotional power of different types of bells: Hear the sledges with their bells—Silver bells!What a world of merriment their melody foretells!Hear the loud alarum bells—Brazen bells!What tale of terror, now, their turbulency tells! Songwriter Stephen Stills used a combination of hard and soft  c sounds and l sounds to illustrate the emotional disarray of a pair of lovers ending their relationship in Heartlessly Hoping. Notice that the c sounds are the conflicted narrator, and the l sound is that of his lady. Stand by the stairway youll see something certain to tell youConfusion has its costLove isnt lying its loose in a lady who lingersSaying she is lostAnd choking on hello In Hamilton, Lin-Manuel Mirandas tour-de-force Broadway musical, Aaron Burr sings: Constantly confusing, confounding the British henchmen  Ã‚  Everyone give it up for America’s favorite fighting Frenchman! But it can be quite a subtle tool as well. In the example below, poet Robert Frost uses w as a soft recollection of quiet winter days in Stopping by the Woods on a Snowy Evening: He will not see me stopping hereto watch his woods fill up with snow The Science of Alliteration The repeating patterns of sound including alliteration have been tied to the retention of information, as a mnemonic device that helps people recall a phrase and its meaning. In a study conducted by linguists Frank Boers and Seth Lindstromberg, people who were learning English as a second language found it easier to retain the meaning of idiomatic phrases that included alliteration, such as from pillar to post and carbon copies and spic and span. Psycholinguistics studies such as that by P.E. Bryant and colleagues suggests that children with a sensitivity to rhyme and alliteration learn to read sooner and more rapidly than those who dont, even more than those measured against IQ or educational background. Latin and Other Languages Alliteration is used by writers of most Indo-European languages, including English, Old English, Anglo-Saxon, Irish, Sanskrit, and Icelandic. Alliteration was used by classical Roman prose writers, and occasionally in poetry. Most writing about the subject by the Roman themselves describes the use of alliteration in prose texts, especially in religious and legal formulas. There are some exceptions, such as the Roman poet Gnaeus Naevius:   libera lingua loquemur ludis LiberalibusWe shall speak with a free tongue at the festival of Liber. And Lucretius in De Rerum Natura uses it to full effect, with a repeated p sound that mimics the sound of mighty  ker-plunking splashes made by giants crossing vast oceans: Denique cur homines tantos natura pararenon potuit, pedibus qui pontum per vada possenteAnd why can’t nature make men so largethat they cross the depths of the sea with their feet Sources Blake, N.F. Rhythmical Alliteration. Modern Philology 67.2 (1969): 118-24. Print.Boers, Frank, and Seth Lindstromberg. Finding Ways to Make Phrase-Learning Feasible: The Mnemonic Effect of Alliteration. System 33.2 (2005): 225-38. Print.Bryant, P.E., et al. Rhyme and Alliteration, Phoneme Detection, and Learning to Read Developmental Psychology 26.3 (1990): 429-38. Print.Clarke, W. M. Intentional Alliteration in Vergil and Ovid.  Latomus  35.2 (1976): 276-300. Print.Duncan, Edwin. Metrical and Alliterative Relationships in Old English and Old Saxon Verse. Studies in Philology 91.1 (1994): 1-12. PrintLanger, Kenneth. Some Suggestive Uses of Alliteration in Sanskrit Court Poetry. Journal of the American Oriental Society 98.4 (1978): 438-45. Print.Lea, R. Brooke, et al. Sweet Silent Thought: Alliteration and Resonance in Poetry Comprehension. Psychological Science 19.7 (2008): 709-16. Print.

Corporate Governance Free Essays

Week 2 Essay Questions (100 Points) 1. Do you feel the extent of shareholders’ participation in the election of directors is limited to the rubber-stamp process of affirmation? Explain the given statement. Actually, shareholders have limited power during the election process even though they are empowered by the statues to elect directors to oversee management. We will write a custom essay sample on Corporate Governance or any similar topic only for you Order Now Even if the majority of shareholders oppose a corporate sponsored nominee, the person will still be elected as director. CEOs and the board had controlled the power to the nomination and election process until very recently. The independent directors in the nominating committee has provided some structure to the nomination and election process even though those directors still serve at the will of the CEOs and other executive directors. 2. Elaborate on the following statement: â€Å"In modern corporations, particularly in the era of technological advances, labor resources are becoming an important part of corporate governance as capital resources. Employee participation is essential to corporate governance; it influences employee cooperation in the implementation of company decisions as well as the effectiveness of managerial control and authority. Employees of a firm have made firm-specific investments such as retirement funds and pension funds. Those investment are tied to the company’s stock, thus their incentives to participate in corporate governance are greater. Given more outside opportu nities, employees with valuable human capital can easily leave the firm. One possible way is allowing employees to participate in corporate decision-making and to share in the corporate surplus through flexible wages, shared ownership and other mechanisms. As such, corporate government system should give adequate attention to employees if the firms are to survive in an increasingly competitive environment 3. Discuss shareholders’ participation in monitoring their companies’ affairs, decisions, and corporate governance. Shareholders should be held accountable for monitoring the operations and management of the business with which they hold an investment. While keeping track of day-to-day processes can prove difficult, shareholders ranging from large institutional investors to small retail investors have an obligation to monitor the governance and performance as a result from management decisions. Shareholders should also try to understand the culture in order to have a better understanding of management’s governance and the risk controls that exist within. If shareholders grow displeased with the governance and management of the company, they can voice their displeasure by selling their shares. 4. Describe how shareholder proposals can influence corporate governance. Shareholder proposals can impact corporate governance if a structure is established where board members are required to consider each proposal. Usually, board members want to maintain maximum flexibility and typically avoid these kind of constraints. However, the use of proxy voting has changed this a little bit. 5. Explain the advantages of employee participation in corporate governance. Employee participation in corporate governance is important as it provides an extra layer of checks and balances within the governance of a company which can lead to exposing misconduct or illegal actions. Also, allocating ownership of stock to employees, the interests of the employee and shareholder become aligned for the greater good and growth of the company. How to cite Corporate Governance, Papers Corporate Governance Free Essays TITLE : CORPORATE GOVERNANCE COMPANY NAME : AIR ASIA GROUP MEMBER AIRASIA BERHAD COMPANY PROFILE ? Established in 1993 and commence operations on 18 November 1996. ? Established with the dream of making flying possible for everyone ? Originally founded by a government-owned conglomerate, DRB-COM. ? Bought by former Time Warner executive, Tony Fernandes ‘s company Tune Air Sdn Bhd on 02 Dec 2001 COMPANY PROFILE –Cont‘ Malaysian Low- cost airline ? Largest low fare, no frills air line and a pioneer of low cost travel in Asia ? Operates scheduled domestic and international flights to over 400 destinations spanning 25 ountries ? AIRASIA GOVERNANCE BOARD BACKGROUND DUTIES ? The Board of Directors consist of 8 members : 1 Non Executive Chairman ? 2 Executive Directors ? 5 Non Executive Directors – independent neutral ? ? Ensure the Group meets the responsibility to the stakeholders and serve to the community as well ? Appointment of Board and Senior Management s taff ? Ensure a sustainable adequate financial resources ? Review progress and trends in relation to Flight Safety Airworthiness OTHER DUTIES RESPONSIBILITIES ? ? ? ? Govern the corporation by establishing policies and objectives Select, appoint, support and review the performance of the CEO Approve annual budgets Decide the salaries and compensation of company management. We will write a custom essay sample on Corporate Governance or any similar topic only for you Order Now DEFINITION OF CORPORATE GOVERNANCE ? ? ? Shleifer and Vishny(1997) – the ways suppliers of finance to corporations assure themselves getting return on investment. Gillan and Starks (1998) – system of laws, rules, and factors that control operations of a company. Jensen (2001) – Incorporating the community in which firms operate, political environment, laws and regulations, and more generally the markets in which firms are involved. MARKETS LAW/REGULATIONS Board of Directors Management Debt Assets Equity CULTURE COMMUNITIES Source: Shleifer, A. , Vishny, R. , 1997. A survey of corporate governance. Journal of Finance 52, 737– 775. ISSUES 1 : AIRASIA IN TROUBLE OVER HIDDEN FEES ? ? ? Failed to disclose – full price of fares for flights. Regulators began legal proceedings(Melbourne) penalties and orders for AirAsia to issue corrective notices on website. The Australian Competition and Consumer Commission (ACCC) won its courtcase against AirAsia. Why ACCC won this courtcase? ? ? ? Fares sold on the website were disclosed partially excluding taxes, fees and other charges. AirAsia Bhd has to pay the fine of RM 645,000 for flights of AirAsia X because AirAsia is running the website for AirAsia X. AirAsia was demanded by regulator to state a notice that it failed to †specify, in a prominent way, the single price for air travel on its website †¦ since last September†. ISSUES 2 :AIRASIA MAS: CONFL ICT OF INTEREST? ?Tony Fernandes, Group CEO of AirAsia, was appointed director of Malaysia Airline System, the direct competitor of AirAsia on August 11, 2011 . Is there no conflict of interest here? † ? ? ? Directors should not be competing directly with the company with a conflict of interest arising. Thus, they should not act as directors of competing companies, as their duties to each company would conflict with each other. Investors will put in unique clause specifically to the founder of the corporation. Ex: Founders are not allowed to work for another company/Not allowed to invest in another company in the same industry / After quitting the current company, not allowed to work in the same industry for a few years. ? Clauses will be written down in the shareholders agreement and the employment contract. ISSUES 3 : AIR ASIA DID NOT MEET REGULATORY STANDARD? ? ? AirAsia Bhd has been granted with an air operator‘s certificate (AOC) to fly for another five months — instead of a two-year period It showed shortcomings in AirAsia‘s flight operations procedures and practices operations not in keeping with the manual. ? ? ? The action taken by DCA is unlikely to have any financial impact on AirAsia as a company, it may impact its reputation as an airline. Three key posts in an airline are nominated with the approval of the DCA, namely the head for flight operations, engineering maintenance system and crew training. The fact that they have not grounded AirAsia aircraft shows that it‘s not a serious safety issue, but this action still serves as a warning,? ISSUES 4: AIRASIA OBTAINED THE ENTRY INTO INDIA AIRLINE MARKET ? ? ? Air Asia obtained the go ahead from india ? s Foreign Investment Promotion Board to take up a 49% stake in a join venture to set up Air Asia Airlin e. The joint venture with two Indian companies, namely Tata Sons and and Amit Bhatia owned Telstra Tradeplace AirAsia planned to being operations in Chennai International Airport as it’s main base. [10] ? ? ? Soon after AirAsia announced it’s Indian ubsidiary, the shares of Spicejet, an airline that already had a major presence in Chennai, went down by over 4. 5%. Amber Dubey of KPMG India said that the introduction of AirAsia would cause another price war. It would ultimately lead to an increase in air traffic and some consolidation in the Indian aviation sector. CONCLUSION ? ? ? Corporate Governance practices are an important and significant part of the everyday business for Airasia Berhad The board should take seriously on the current issue prevent or eliminate it in future Enhance public trust and civic engagement. BACKUP How to cite Corporate Governance, Essay examples

I Want ... free essay sample

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