Wednesday, December 25, 2019

Liberalization And The Economic Growth - 2232 Words

Liberalization or the 1991 economic reforms marks 25 years this year. Debates continues on whether growth precede or followed liberalization. India has experienced unprecedented growth over the past three decades. However this growth has co-existed with increase in inequality, unemployment across the country as certain regions, sectors and social groups have disproportionately benefitted from the growth. At least 38 percent in India continue to live below the national poverty lines (Ruparelia et al 2010). It has not been able to generate employment growth, which is one of the most important cornerstones to translating economic growth into poverty reduction and promoting social equality. ‘India is and for some time will remain one of the†¦show more content†¦Section 3, will discuss the factors that decreased the demand for labour. Section 4, will discuss several factors, which decrease the effective supply of labor. Section 5, will be used for conclusions. 1.Jobless growth: The Paradox. The liberalization theory suggests in order to generate employment and achieve greater social equity in countries like India where labor is abundant and relatively cheap, significant openness to the global market is essential. The 1991 economic reforms marked ‘a clear break from the country’s socialist strategy of state-directed, heavy-industry based, and import substitution industrialization’ (Chamarbagwala 2006:1997). India implemented a range of economic policy since the mid 1980s. Reforms brought changes in the economic growth rates. Though a section of economists reject the role of liberalization in injecting growth. Neo-liberals like Panagariya claims that the most surprising myth, current among a few economists, is that growth was not a result of the post-1991 reforms and that it could be traced back instead to the 1980s(Panagariya 2012). Whereas the economic historian Delong (2003) argue that the post-1991 reforms followed, rather than preceded, the growth acceleration. Nonetheless, the Indian economy has been enjoying a relatively positive growth rate since the 1980s.The annual growth rate in the pre-reform period

Tuesday, December 17, 2019

The Legal Implications Of Using And Editing Graphical Images

ASSIGNMENT 30.3 P6: LEGAL IMPLICATIONS OF USING AND EDITING GRAPHICAL IMAGES COPYRIGHT WHAT IS COPYRIGHT? Copyright is type of legal right which protects work produced by you once your idea has been verbally and physically expressed. The name of the current copyright act in the UK is the â€Å"Copyright, Designs and Patents Act† which was founded in 1988. The act lays out a ‘rule book’ as such which focuses how a piece work can be used. This underlines the rights that both the owner of the work has and what the person using the work has. You can do many things with your copyrighted work including sell it, allow people to use it for a fee, rent it or even keep it for only yourself to use. WHAT DOES IT PROTECT AND WHY? Copyright laws protect the original work of things like writers, drama (on TV, on stage etc.), music (by most artists, you can’t just copy someone’s song.), drawings (paints, digital photos etc.) Software is also protected under this act too. Imagine if anyone could use anyone’s work without permission, you would have bands saying the wrote a song first, 1000’s of versions of Disney films all claiming to be the ‘original’ etc. Imagine if there was nothing saying that you can’t copy someone’s work? It would be chaos. DURATION OF COPYRIGHT The duration of your copyrighted work is protected depends on the type of original work you have created and who it has been intended for. For example, if you write a poem or a short story your work is protected for 70 yearsShow MoreRelatedWgu E-Business Expansion Proposal Essay13960 Words   |  56 PagesOnline Business-Expansion Proposal for Xavier Derico Consulting Xavier Smith Western Governors University Introduction Xavier Derico Consulting is a successful freelance communication consulting firm that provides the following editing-and-writing/translation-and-interpretation services: 1. 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Sunday, December 8, 2019

New Business Adventure and Target Market

Question: Write the description for New Business Adventure and Target Market. Answer: Introduction: An identifying business opportunity has become a key success factor for the modern marketers today, as it helps to analyse the degree of improvements the business is going to experience through the new venture. Before entering into the new business venture, a precise evaluation of the target market needs to be conducted by the entrepreneurs to attain knowledge regarding the competitors and the validity of the present experiment as well. This scenario becomes more crucial in the beverage industry as the number of competitors is rising significantly in the global market (DingBang, 2012).Considering the fact, the current study attempts to open a coffee shop in the Singaporean market and its business opportunity as well. This study also provides the logical justification for choosing beverage industry along with its validity in the Singaporean market, considering the case study of a fast food organisation ABC Coffee Limited (Ltd). ABC Coffee Limited has planned to expand its current busi ness venture in the Singaporean Coffee industry. Considering the fact, a range of competitor analysis of the ABC Coffee Limited fast food industry would also be made in the current study ending with the reflection note of the overall study. Opportunity and justification of the new business venture: The Singaporean Coffee market is primarily dominated by Nestle, which accounts for more than 42% of the retail value share (www.euromonitor.com, 2016). Supporting to this fact, Sutherland (2007) stated that the Coffee business profitability in increasing by 7-10% regarding the retail sales volume. Thus, the Singaporean Coffee market could introduce new business opportunities to the ABC Coffee Ltd. At the same time, it could also create greater competitiveness of the current firm as well (Pawle and Delfaud, 2014). However, the fresh ground Coffee pods and a variety of Kopi items could likely to benefit from an increasing customer base, as this product is considered more appealing to the customers from the older generation. Steger and Ionescu-Somers (2008)also added that due to the beach location, the international visitor rate in the region is frequently increasing. The customer footfall in the beachside restaurants grew by 17%. Additionally, the regular disposable income has influenc ed the tourists to increase the expenditure margin by another 8% in the present business location (Taleghani et al. 2013) This scenario indicates that the Changi Beachside location could facilitate the current business venture regarding experiencing greater footfall. The affirmative response of the existing population regarding the Coffee and beverage item could benefit the firm by increasing revenue, margin of averaging 10 % for each business year (www.singaporecoffee.org, 2016). Thus, it could be inferred that the ABC Coffee Limited could achieve a sustainable business positioning for its new business venture. Porters Five Forces: Competitive rivalryThe firm ABC Coffee Ltd would face a strong force of competitive rivalry in the market of Singapore. For an example Sutherland (2007) stated that a large number of firms like Strabucks, Costa Coffee would be the main competitors of the ABC Coffee Ltd. Bargaining power of buyersThe company would experience the strong force of bargaining power of buyers while operating in the seaside of Sinagpore. The substitute availability of the products and the lower switching cost would be the most significant forces affecting the business of the ABC Coffee Ltd.Bargaining power of suppliersThe firm would face the weak force or bargaining power of the high variety of suppliers (DingBang, 2012). The large overall supply would affect the operation of the single suppliers of the firm. Thus, the firm would need to adopt a strategic initiative to diversify its supply chain process. Threat of substitutesThe firm, ABC Coffee Ltd would experience the strong force of the threat of the sub stitutes. In the opinion of Taleghani et al. (2013), the Five Forces analysis model affects to the impact of the substitute goods and services offered by the coffees shop. The availability of the adequate substitutes would restrict the customers to shift towards the rival coffee shop. Threat of new entrantsAs the firm, ABC Coffee Ltd is the new entrants in the market of the beverage industry, moderate cost of doing business and moderate supply chain cost would help the brand to enhance the market share (Venkatesh, 2015). On the other hand, the other new entrants with the high cost of brand development would become a threat of new entry firm to the ABC Coffee Ltd. Evaluating the target market: At the initial stage of the new venture, ABC Coffee Limited could start the store operation nearby Changi Beach, in the eastern region of Singapore. Also, the firm could primarily focus on the cappuccino, espresso, caf latte, cold smoothies and Cold Coffee. Along with the smoked chicken, burgers and waivers also need to be introduced to catch the attention of all age groups as well (Chen, 2007). The store location could also generate added advantage regarding attracting a large pool of customers (Bahar and Aysel, 2015). The professionals and a large pool of student group, can be attracted towards the firm, due to product innovativeness and the store location as well.In brief the target audience of the Coffee shop ABC Coffee Limited could be as follows: Kids and teenagers: Customers aged between 13-17 years could bring 2-5% sales of the firm. Steamed milk and whipped cream topped Coffee drinks could also become popular among the teenagers and the kids. Fridell (2007) also stated that kids go with the parents to have fun in the Coffee shop. Thus, the food quality needs to be managed considering the health choices of the parents. Complimentary products: The complementary food items such as the sandwich, burgers, smoked chicken, etc. could be offered as additional items to attract more customers towards the brand. Offering the corresponding item could be feasible for the brand as the brand has prior experience related to the fast food service industry. Adults and young adults: The current firms primary target market could be the men and women aged between 25-45 yrs. Considering the fact, Etienne (2006) stated that this group of people accounts for more than 52% of the Singaporean Coffee business. Focusing on these target segments could help the firm growing the strength of its target audience at a rate of 3% per year (www.singaporecoffee.org, 2016).Conversely, Jones (2010) indicated that the fierce market competition in the Singaporean beverage market might resist the firm attaining large customer base towards the enterprise. Thus, greater investment in the research and unique product offering could reduce the chances of gaining moderate customer bases in the initial phase of the business. Considering the fact, the brand could introduce traditional food items, which can bring the majority of the customers to the brand. Within the first two-quarters, the firm could target to earn revenue of 45,000 SGD. Krishna et al. (2014) also added that decent return on investment could be experienced by offering unique product offerings in competitive pricing offerings. Thus, through the potential brand planning and targeting the adult and young generation customers, the brand could experience more than 30% profitability in the Singaporean Coffee market (www.singaporecoffee.org, 2016). Once the business manages its individual identity, a diversified product range could be introduced to maintain the brand popularity among the competitors (Davis et al. 2012). Secondary research for analysing the competitors and the validity of the venture: Starbucks and the Nestle are the prime competitors of the ABC Coffee Ltd. Starbucks Coffee Singapore is a wholly owned subsidiary of the Starbucks Coffee since 2004. The first Starbucks store was opened in December 1996 (www.starbucks.com, 2016). According to the opinion of Iqbal (2012), Singapore is the third international country where the firm has introduced its sensitive customers to enhance the experience of Starbucks. It has been observed that the firm has managed to contribute 4% of the market share to the Singapore economy. In the opinion of Lim (2016), the quality of both the beverages and the complementary food items are the major advantage of the brand. However, Venkatesh (2015) argued that the brand fails to tap the middle-income group due its premium price range. Hence, it could be derived that diversified product offerings and the attractive store ambience could help the firm, ABC Coffee Ltd. to draw the attention of the customers. Adding to this, the other rival group, Nestle, which had obtained almost 42% retail value share in the coffee market of Singapore (www.nestle.com.sg, 2016). The firm has started its Singaporean operation in 1912 and has built its success largely in the coffee market of Singapore (www.nestle.com.sg, 2016). The affordable price range of the products is the major advantage of this company. As per the opinion of Taleghani et al. (2013), the unlimited complementary food items are the prime strength of Nestle. Therefore, the firm ABC Coffee Ltd. would need to focus on the standard food quality and the affordable price range for attaining the customers attention. In this present scenario, Sutherland (2007) mentioned that offerings of complementary beverage items would be helpful for the management of ABC Coffee Ltd. to grab the attention of the customers. As per the opinion of Pawle and Delfaud (2014), the range of Cappuccino and the other beverage has to be started from S$6 per product and the Espresso could be started from S $7. Therefore, it could be inferred that diversified product offering with an affordable product range and the lucrative store ambience could help the brand to increase the customer attention. Supply Chain Management It is the proven fact that the beverage industry is highly dependent on the supply chain management system. Therefore, the ABC Coffee Ltd. would encounter the risk of supply chain management process if could not appoint potential suppliers. As per the opinion of Davis et al. (2012), the loss of a single reliant supplier could lead the firm to experience a huge loss of the income. Thus, it could directly affect the consistency of the business. In this present context, DingBang (2012) stated that selection of more suppliers and maintain a healthy relationship with the suppliers could help to mitigate the distribution and supply loss. As a consequence, if one fails to deliver the required ingredients, the product could be expected from the other suppliers. High Capital Investment As the firm is going to penetrate in the new target market, a high capital investment would be a high risk while developing the set up at the area Changi Beach in Singapore. It has been speculated that there is the presence of several leading competitors with the same domain so that, the high capital investment would not be convenient for ABC Coffee Ltd. while entering into the coffee market of Singapore. On the other hand, Fridell (2007) mentioned that the products withdrawn from the market would require covering by its selling costs. Thus, it would require to include a strong settlement for reminiscence the cost that has been experienced by the other coffee companies. The high capital investment would experience a loss of funds to the entrepreneur of the ABC Coffee Ltd. Market Stability Considering the opinion of Jones (2010), as the coffee shop would be located in the beach area so that the coffee shop would attain the maximum percentages of the visitors. As a consequence, the management of the ABC Coffee Ltd. would need to keep a focus on the health factors of the customers. The health obscurities of the customers could affect the market stability factor of the firm. The comprehensive market research on the coffee industry reflects that high price of the products could reduce the market popularity of the newly developed coffee shop as there are several rivals like Costa Coffee (Kolk, 2012). The organised service lines could be helpful to increase the customers footfalls in the coffee shop. Hence, the introduction of a healthier menu and effective workers could help to enlarge the sustainability of the coffee shop in the target market. Reflection: The current reflection describes that ABC Coffee Ltd. is going to penetrate with its new venture of coffee products in the market of Singapore. After analysing the current research, I perceived that a clear evaluation of the target market requires being conducted by the entrepreneurs. It has been observed that the market evaluation and the validity of the present venture are equally important while developing a new business set up in the new market. The study is also helpful to understand the logical justification for selecting the beverage industry in the market of Singapore. During the study, I understood that the entrepreneur of the organisation needs to take severe steps while expanding the business with a new venture like ABC Coffee Limited, which is going to enhance its business operation to the coffee beverage from fast food items. In the portion of the opportunity in the target market, the firm has encountered the leading organisation like Starbucks, Nestle as its main compet itors. I have realised that the coffee business profitability in the market of Singapore is continuously increasing. In the addition, I have realised that The Changi Beach Area in the Singapore would be a premium place for starting the new business venture for ABC Coffee Ltd. I perceived that the fresh ingredients, lucrative store ambience and the diversified food product items could be helpful for attaining the maximum customer footfalls in the seaside area. Furthermore, the study has helped me to understand the affirmative response of the existing customers regarding the Coffee and beverage item that would benefit the coffee shop to increase the revenue margin. The evaluation of the target market segment reflects that the brand would get different types of customers starting with kids, teenagers to young adults and the business personnel. In the addition, the seaside location of Changi Beach in Singapore helps the firm to compete with the leading rivals. During the research, I cam e to know that affordable price and lucrative store ambience would be fruitful for ABC Coffee Ltd. to draw the attention of the customers. After that, while analysing the issues of the firm at the time of development, it could be measured that Supply Chain Management, High Capital Investment and the Market Stability would be the reason of the risk issues for the firm, ABC Coffee Ltd. while developing the new set up of a coffee shop in Singapore. On the other hand, the strategic initiatives like a potential group of suppliers, innovative product offerings and the low investment would help the brand to overcome the issues. At the initial phase, this kind of activities would help the brand to attain an optimum level of popularity in the market of Singapore comparing with the leading coffee firms. Finally, the analysis of the current share of the existing players like Nestle, Starbucks and Costa Coffee has helped me to acknowledge the initial requirement of the brand to organise the new business venture. Moreover, during the research I perceived that offering diversified products and online customer service could be considered effective enough for the ABC Coffee Ltd. to achieve an outstanding brand positioning and sustainable marketplace in the Singaporean coffee market Conclusion and recommendation: The overall study indicates that the overall brand positioning of the ABC Coffee Limited could attain a potential market position by offering everyday coffee items such as Kopi and Espresso. Altogether S$20,000 capital could be invested to experience a revenue balance within the competitive market segment. The innovative product offerings could be the unique selling proposition of the favourite brand as well. However, at the initial phase, lack of adequate funding could also resist the name from investing a large sum in its marketing activity. Thus, the name popularity might be affected. On the other hand, offering healthy food and average product pricing could also help the brand, attracting all age and income group customers towards the brand. At the same time the market share of existing players such as Nestle, Starbucks, Costa Coffee, could also generate questionable business sustainability of the current firm. Thus, offering product variety and online customer service could be c onsidered sufficient enough for the favourite brand to attain a remarkable brand positioning in the Singaporean coffee market. Hence, the firm could experience higher business sustainability in the Singaporean Coffee Market. References: Association, S.C. (2014) Singapore coffee association (SCA). Available at: https://www.singaporecoffee.org/ (Accessed: 11 July 2016).Bahar, T. and Aysel, E. (2015) Customer love: Research on the ranking of food and beverage locations, Management Marketing, 10(2), pp. 2022.Chen, M.-H. (2007) Entrepreneurial leadership and new ventures: Creativity in entrepreneurial teams, Creativity and Innovation Management, 16(3), pp. 239249.Corporation, S. (2015) Starbucks Singapore. Available at: https://www.starbucks.com.sg/about-us/starbucks-singapore (Accessed: 11 July 2016).Davis, B., Lockwood, A., Alcott, P. and Pantelidis, I. (2012) Food and beverage management. 5th edn. New York: Taylor Francis.DingBang, L. (2012) Attractiveness of coffee and the elements for building a attractive coffee shop, Journal of Convergence Information Technology, 7(20), pp. 4755.Etienne, G. (2006) Principles of cleaning and sanitation in the food and beverage industry. United States: iUniverse.Fridell, G. (2007) Fair trade coffee: The prospects and pitfalls of market-driven social justice. Toronto: University of Toronto Press, Scholarly Publishing Division.Iqbal, B.A. (2012) Indo-Us business relations in 21st century, Singaporean Journal of Business , Economics and Management Studies, 1(3), pp. 2336.Jones, C. (2010) The rise and fall of the high street shop as an investment class, Journal of Property Investment Finance, 28(4), pp. 275284.Kolk, A. (2012) Towards a sustainable coffee market: Paradoxes faced by a multinational company, Corporate Social Responsibility and Environmental Management, 19(2), pp. 7989.Krishna, L.K.R., Watkinson, D.S. and Beng, N.L. (2014) Limits to relational autonomy--the Singaporean experience, Nursing Ethics, 22(3), pp. 331340.Lim, G. (2016) Value chain upgrading: Evidence from the Singaporean aquaculture industry, Marine Policy, 63, pp. 191197.Nestl in Singapore (no date) Available at: https://www.nestle.com.sg/aboutus/nestle_in_singapore (Accessed: 11 July 20 16).owned, E. is privately, trademarked, terms, these and Policy, P. (2016) Coffee in Singapore. Available at: https://www.euromonitor.com/coffee-in-singapore/report (Accessed: 11 July 2016).Pawle, J. and Delfaud, D. (2014) How does your cappuccino feel?, Research World, 2014(44), pp. 5052.Steger, U. and Ionescu-Somers, A. (2008) Business logic for sustainability: An analysis of the food and beverage industry. Basingstoke: Palgrave Macmillan.Sutherland, K. (2007) Market overview: Food and beverage, Filtration Separation, 44(2), pp. 3234.

Sunday, December 1, 2019

PMA Results on Flight Express Aircrafts

The Beechcraft Baron 58 is the brainchild of Hawker Beechcraft Corporation. The corporation developed this particular model in1970. According to the Corporation’s website, a new Beechcraft 58 costs around 1.2 million dollars (Baron58 n.d). The specifications of this plane include a twin engine piston, six passenger seats, and two aft doors. It has a gross weight of 2450-2500 kilograms and a maximum take-off weight of 2450 kilograms.Advertising We will write a custom essay sample on PMA Results on Flight Express Aircrafts specifically for you for only $16.05 $11/page Learn More Flight Express is an air carrier company with a fleet of eighty-nine aircrafts. Out of these, twenty-seven are Beechcraft models (Flight Express 2010). Flight Express has its headquarters in Orlando, Florida and it operates in twenty six other states across the United States. Express prides itself in being a time-critical and an on demand carrier that specialises in regional air transport. The airline transports packages for several companies including those in publishing, life science, and banking industries. Flight Express’s pilots log over 64,000 flight hours annually (Flight Express, 2003). Although Flight Express operates under FAR (Federal Aviation Regulations), its operations will be looked into from the CAA’s perspective for the purpose of this cost assessment. This is mostly because the company’s FAR approved records are not accessible to the public. Since the cost assessment is done for a general case of 200 hours, the results obtained through either regulations (FAR or CAA) should not have a vast discrepancies between them. The Beechcraft’s maximum take-off weight is below 2730 kilograms, it is henceforth classified as a light piston engine aircraft (Civil Aviation Authority 2005). There are five specified maintenance checks for this aircraft category. The first one is Check A and it must be carried out before the first flight of the day. The second check is the fifty-hour check. This check has to be carried out after every fifty flight hours or alternatively after six months of operation. Then there is the 150-hour check that is carried out after every one hundred and fifty hours of flight. The other checks are the annual check- carried out after every twelve months, and the star inspection. The civil Aviation Authority stipulates most of these checks. According to the Authority, Check A requires the engine’s air filter to be inspected with emphasis on its cleanliness. The tyres and wheels of the plane also have to be checked for damages. The inflation levels and other anomalies also have to be checked.Advertising Looking for essay on aviation? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition, the functionality of the fuel pump has to be inspected during this check. The fifty-hour check involves inspection of the fuel pump, air filt er, wheels, and tyres. Extensive checks of these areas have to be carried out after either fifty hours of flight or six months whichever comes first. Most of the times, this check involves replacement of oil filters and tyres. The 150-hour check on its part coincides with the 50-hour checks. This means that all the inspections stipulated in the 50-hour check are included in this one. The standard operations in this check include engine servicing and sometimes tyre replacements. This check must be carried out after every one hundred and fifty hours of flight. On the other hand, the annual check is carried out after every twelve months. During this check all oil filters are replaced. The tyres might also be replaced if any signs of damage or wearing out were found. The fuel pump and the engine air filters might also be replaced during this annual check (Civil Aviation Authority 2005). Appendix X illustrates a study of how PMA parts can reduce the maintenance costs for Flight Express a ircrafts. For instance, it is assumed that Flight Express operates each Beechcraft Baron 58 for about 200 hours annually. This means that several parts will have to be replaced in accordance with CAA’s regulations. This means that aircraft parts like engine air filters, oil filters, main tyres, and nose tyres will be needed in the course of these checks. Other parts that can be replaced within the 200 hours of flight are fuel pumps and wheel assemblies. However, these parts are rarely replaced within this period in normal circumstances. Appendix X lists the estimated number of replacements that can be made within two hundred hours of flight. Within the estimated time frame of two hundred hours, a single aircraft will require these parts to be replaced; two engine air filters, one fuel pump, eight oil filters, two wheel assemblies, four main tyres, and two nose tyres. If Flight Express chooses to use OEM parts when making these replacements, it will cost the company fourteen t housand, seven hundred and ninety seven dollars and seventy eight cents. This includes the cost of a fuel pump that is often very high priced by most manufacturers. However, if Flight Express chooses to use PMA’s parts it will only cost the company a total of four thousand, nine hundred and eighty four dollars and fifty two cents. This indicates that Flight Express is set to save around sixty six percent in material costs if the company chooses to use PMA’s products. These possible savings are in terms of a single aircraft.Advertising We will write a custom essay sample on PMA Results on Flight Express Aircrafts specifically for you for only $16.05 $11/page Learn More Considering Flight Express operates a total of twenty seven Beechcraft Baron 58 aircrafts, the company stands to make substantial savings if PMA parts are used. Each of these aircrafts has an approximate two hundred hours of flight in one year. The total number of replacement s is in turn expected to be around fifty four engine filters, twenty seven fuel pumps, two hundred and sixteen oil filters, twelve wheel assemblies, one hundred and eight main tyres and fifty four nose tyres. If the company goes for PMA products, the company can save in excess of two hundred and forty thousand dollars in each maintenance cycle. When this list excludes the high priced fuel pumps, it will still cost Flight Express 45,136.54 dollars. It will cost the company seventy seven thousand, five hundred and forty six dollars and four cents if these same products are sourced from OEM. One of the limitations of this assessment is the method used to arrive at the average two hundred hours of flight per year. This is because this figure is estimated from the number of flight hours logged by each pilot annually (Flight Express 2010b). Summary The results of this case study indicate that PMA’s products are cheaper compared to those from alternative companies. Aviation companie s can take advantage of the cost cutting options provided by PMA. Any aviation company that chooses to use PMA-made spare parts stands to save a lot of money in maintenance costs. References Baron58, n.d, Beechcraft Baron 58 General Information. Web. Civil Aviation Authority, 2005, CAP 411: Light A/C Maint Schedules (Aeroplanes). Web. Flight Express, 2003, Initial and Recurrent Flight Training Handbook: Beechcraft 58 Baron. Web.Advertising Looking for essay on aviation? Let's see if we can help you! Get your first paper with 15% OFF Learn More Flight Express, 2010, About. Web. Flight Express, 2010b, Flight Express Fleet. Web. This essay on PMA Results on Flight Express Aircrafts was written and submitted by user Fallen One to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Tuesday, November 26, 2019

Customer Service as a Part of Business Strategy

Customer Service as a Part of Business Strategy Literature Review Customer service is an essential part of business strategy (Sahaf 2008). Any company that ignores the quality of services that it gives to its customers commits a strategic blunder. This literature review explores the conceptual issues that govern the provision of excellent customer service. The review has four sections. The first section deals with the definition of customer service.Advertising We will write a custom essay sample on Customer Service as a Part of Business Strategy specifically for you for only $16.05 $11/page Learn More The use of the term â€Å"customer service† requires delineation to ensure that there is not confusion with other aspects of customer care in the business. It is also imperative to develop a working definition of the term for this project. The second part of the review covers service quality in general and online service quality. The expected outcome of this project will be the development of a websit e that can improve customer service for Igno Merchandise Company. In this regard, the standards for online service quality in the company must satisfy user expectations. The last three areas of interest include a review of the online tools available for online customer service applications, web design principles for customer service websites, and the risks posed by online customer service. Definition of Customer Service The term â€Å"customer service† does not have a universal definition despite the widespread use by both entrepreneurs and scholars. This is hardly surprising because of the multiplicity of viewpoints relating to the subject. Wagenheim and Reurink (1991) defined customer service as a management strategy that focused on meeting customer expectations. This definition relied on the idea that every organisation would do whatever it took to satisfy its customers in order to attain its goals efficiently and effectively. However, it was very broad since it covered al l activities undertaken by a business. For instance, RD departments exist to produce products that satisfy customer expectations. Does this mean that RD activities form part of customer service? This definition fits better where there is contact with customers. In this case, it is useful as a means of setting customer service objectives.  Armistead (1989) developed a more elaborate definition of customer service that had six dimensions grouped into two. The first group constituted the â€Å"firm† dimensions, which included, â€Å"the framework of time, fault-freeness, and flexibility† (Armistead 1989, p. 249). The framework of time referred to the duration, availability, and speed of customer service. In other words, good customer service should be available on demand, for the required duration, and should be offered as quickly as possible. The framework of fault-freeness sought to capture the need to have services that were error free (Armistead 1989). The range of issues captured in this dimension included the information, processes, and products that constituted customer service in an organisation.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More All organisations need to take utmost care to ensure that the services developed for the benefit of their clients are error free. The framework of flexibility sought to address the need for a company to remain adaptable to new situations (Armistead 1989). For instance, a company should have the ability to customise customer services in order to ensure that the solutions provided to each client resolve their specific concerns. This framework also addressed the need for the company to keep on improving customer services. Continuous improvement is a well-known concept in lean production (Creswell 2008).  The second group of frameworks developed by Armistead (1989) was the soft dimensions. These dime nsions were more difficult to control and measure. The three frameworks were â€Å"style, steering, and safety† (Armistead 1989, p. 249). Style referred to the elements of organisational culture in customer service, and the mode of presentation of services. This dimension has two implications. First, it means that the style in which an organisation offers customer services is a product of its organisational culture (Wei Lu 2012). If an organisation esteems punctuality in all its activities, then customer service from the organisation should demonstrate punctuality without any further need for enforcement. The second implication of this framework is that every organisation needs to think about how it offers services to its customers. This includes the attitudes of the customer care staff towards customers, the ambience, and the ease of access to its premises (Ardichvili, Cardozo Ray 2003). In other words, organisations need to think about customer experience in their custome r service initiatives (Cardoso 2009). The second framework in Armistead’s second category was â€Å"steering† (Armistead 1989, p. 249). Steering was the word chosen to represent the sense of control a customer needed to feel when accessing services in an organisation. It also meant that the customer needed clarity about the procedures and processes needed to access services in the company. The third framework was safety. Safety in customer service refers to the level of physical and psychological comfort that a customer feels when dealing with a company (Yang, Jun Peterson 2004). The specific issues outlined in this framework included observing confidentiality and maintaining trust. It also involves assuring customers of their physical safety whenever they interact with the organisation. The definition of customer service offered by Lucas, Bush and Gresham (1996) viewed customer service as the impact of salespeople, business atmosphere, and quality of services on the customers. This definition had a wide area of overlap with Armistead’s definition in regards to the essential components of customer service. The two definitions agreed that customer service was not a single aspect in the activities of the organisation.Advertising We will write a custom essay sample on Customer Service as a Part of Business Strategy specifically for you for only $16.05 $11/page Learn More The authors viewed customer service as an organisational process, rather than a specific activity.  Donaldson (1986) used a different approach to define customer service by proposing that customer service was the fifth element that organisations needed to add to the four Ps of marketing. This view sought to make customer service one of the fundamentals of good business practices necessary for running a successful enterprise. This literature review shows that the definition of customer service depends on the overall organisational philosophy of a c ompany. The important issue in regards to the definition of customer care is not the accuracy of the term. An organisation should ascribe a meaning to it based on its overall organisational philosophy. The common thread in the definitions reviewed is that a company needs to organise itself in such a way that it can offer the services its customers require as effectively as possible. Service Quality and Online Service Quality Service is intangible, is consumed simultaneously, and cannot be displayed in stock. The process of customer care consists of several mediating activities between the customer and the company (Agyapong Kobina 2012). One of the major challenges that organisations are facing today is an increase in customer expectations in regards to quality of service (Ekankumo, Kemebaradikumo Braye 2011). In a study on customer service, 96% of the respondents said that they buy services from companies that have high quality customer services, regardless of pricing (Ekankumo, K emebaradikumo Braye 2011). Many businesses are finding it extremely difficult to manage competition arising from differences in service quality. This shows that service quality can determine the competitive advantage of a business in a given industry (Wagenheim Reurink 1991). In a study, GSM subscribers in Lagos State stated that they were more likely to choose a service provider based on the quality of services offered without regard to the pricing of the service (Adeleke Aminu 2012). Service quality is very important to service-oriented organisations. Companies that produce services such as banks or telecommunications companies view their services as the products of the company. In these cases, poor services are equivalent to poor products. In product-oriented organisations, customer service is offered to support the consumer when using the product after buying it from the company (Ekankumo, Kemebaradikumo Braye 2011). For instance, an automaker may operate customer service ou tlets that provide services to the owners of vehicles bought from the company. A study by Yang, Jun and Peterson (2004) concluded that the six main aspects of service quality in the internet are reliability, responsiveness, competence, ease of use, security, and product portfolio. These six elements can guide the assessment and development of an online customer service strategy.  Online service quality is the specialised case of services offered through the internet (Cruz Mendelsohn 2010).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Companies that offer their services through the internet use facilities such as emails, electronic newsletters, or chat to help solve customer problems (Curasi, Hogg Maclaran 2001). It is also possible to offer voice based customer service using Voice over Internet Protocol (VoIP) which is accessible through services such as Skype. In the case of companies that sell products through the internet, customer service covers all the activities that the sale process constitutes. This distinction also applies to companies that sell services that are delivered online on subscription basis, such as subscription websites.  From the literature reviewed, it is clear that for this project to be successful, the quality of services offered must be acceptable to the customer. A decision must be made on whether the services will cover customer support and education, or whether the services will be intended for marketing only. A decision is also needed in regards to whether the services will be fr ee. Tools for Online Customer Service The internet has made it possible for organisations to deploy several tools to serve customers online. No issue arises when a company uses these tools to drive sales or to manage existing customers. One of the most interesting aspects of online customer service is the ability to prepare materials that can help to resolve customer complaints without the need for human intervention (Dalal 2007). Many organisations have a â€Å"Frequently Asked Questions† (FAQ) page on their website as the first line of customer care. This page usually carries information that many customers seek frequently. The FAQ page can be very helpful to customers who are trying to know how to use a product (Cardoso 2009). Text based customer support systems include the use of chat and email (Dalal 2007). Chat allows for instantaneous response to customer queries. Chat is ideal for use in situations where a customer needs instructions to operate the product. Chat is al so ideal for dealing with queries from customers because the responses given to such customers can help to speed up the buying decision. Emails also play an important role in customer support especially in cases where it is necessary to give many details (Donaldson 1986). Emails work in cases where the clients are patient to wait for a response. The use of emails can lead to a reduction in service quality if the response time is poor. In some cases, companies use email as a means of providing training for potential clients. In these cases, the company can set up automatic responders that send targeted emails to their clients. This method enables companies to build their brands by increasing the amount of contact they have with customers. At the same time, it is a very good way of passing on large volumes of information in small doses. Some companies operate call centers as part of their online customer service portfolio (Davila, Marc Robert 2007). A new way of providing customer su pport is by use of videos. Many organisations today have uploaded videos that customers can watch to learn how to use their products. By their nature, videos are static and can only resolve well-known problems. Once a company finds out that there is a widespread problem affecting their customers, the company can develop a presentation to be uploaded as a video so that all customers can watch it to find answers to their concerns. Videos are effective for introducing the product to the consumers, and for giving instructions on how to operate the product. Leading video sites in the world include YouTube and Vimeo, which are free services.  Another tool for customer service especially in companies that sell products online is the presence of an online shopping cart (Ardichvili, Cardozo Ray 2003). Shopping carts are indispensible if a company wants to sell products online, and to make the transactions as convenient as possible for its customers. An interesting method of online custome r service is the use of online forums composed of clients of the company. Companies such as Microsoft and Google have facilitated the growth of online communities that depend on their products. These communities allow customers of these companies to discuss among themselves the issues that arise when they use the products of the company. The advantage of this approach is that customers raise the problems and the solutions provided are communicated in ways that customers understand. In addition, the company incurs minimal costs because the content comes from the customers themselves. In conclusion, there is a wide choice of avenues for providing online customer support that includes a FAQ page on the company’s website, chat, email, Skype, or video. Web-design Principles for Customer Service Websites The Igno merchandise company operates within Nigeria. Therefore, there is a need to explore some of the web design principles that can inform the final website developed for custom er service. Several aspects should inform the design of a website meant to provide services to customers. The most prominent design issue is the choice of a domain name (Cruz Mendelsohn 2010). The domain name of a website plays an important role in generating traffic for a website. Websites that have domain names that are easy to remember receive more traffic than those with difficult domain names. Good domain names can help companies that are online to increase the recognition of their brand. The choice of a domain name is therefore a matter that requires careful thought because of the strategic implications it will have on the traffic to the website. Access to the internet in Nigeria is mainly via mobile handsets (Agyapong Kobina 2012). The number of Nigerians who have mobile handsets that can access the internet is on the increase. This means that the company needs to ensure that the website developed for customer service is mobile friendly. In this sense, the companies need to develop mobile friendly websites. In many cases, it is usually necessary to develop two websites, one meant for mobile phones, and the other meant for general traffic. This makes it necessary to develop a system of integrating service on both websites in order to ensure that customers have seamless surfing experiences whenever they switch from the mobile version of the website to the general website. The factors that contribute to user satisfaction with a website include ease of navigation, quick loading of pages, pleasant design qualities, and consistent display across various browsers (Yazdanifard, Edres Seyedi 2011). The importance of ease of navigation increases with the use of mobile phones to access the internet. However, even websites meant for use by PCs should have a logically developed menu that allows customers to find any information that they need as quickly and as easily as possible. This situation is more serious when it comes to mobile web because the screens of mo bile phones have a very small viewing are compared to computers. At the same time, the navigations tools available to users are not as versatile as those found on computers. In this sense, poorly designed sites can erode the quality of user experience when it comes to mobile web access. The speed of loading of a website is a critical aspect in Nigeria because internet speeds are relatively low (Agyapong Kobina 2012). The design of the website needs to have features that allow for quick loading under low speeds. Many customers leave websites that are slow. Customers expect that the mobile version of websites should load as quickly as the PC version of the same website. The final issue that requires consideration in web design is display of the site across different browsers. Internet browsers can display a website differently leading to different user experiences. Therefore, the developers of the customer service website will need to check how the site appears on different. The most common browsers used by many people include Internet Explorer, Mozilla Firefox, Google Chrome, and Opera. Risks Associated with Electronic Customer Service Several risks arise when a company chooses to use the internet for customer service applications. Exposure to these risks affects both companies that offer services using the internet and their clients. The main client side risk associated with ecommerce is privacy. A study in the US showed that up to 63% of customers hesitate to give their details to websites because of the privacy and security concerns (Yazdanifard, Edres Seyedi 2011). While most of the information that people put on online has always been publicly available, it has not been easily accessible without the internet (Wei Lu 2012). Furthermore, it is possible to do more damage with it because of the capabilities of the internet. Cases of identity theft are on the rise because it is possible to construct a person’s personal profile based on information ava ilable online. For instance, someone can call company and request for services based on information found in social media websites.  Another contributor to the online risks is that there are few legal guarantees that can redress online crimes (Yazdanifard, Edres Seyedi 2011). Nigeria holds a bad reputation in regards to internet fraud committed against citizens in other countries of the world. It is usually impossible to track down the perpetrators or to hold them accountable if they are not living in the same jurisdiction. This makes criminals and fraudsters confident that they can get away with internet crimes.  The third client side risk associated with online customer care is that at times, it is impossible to prove making contact with the company if the client uses chat. In cases where the client makes a voice call, there may be no record of the details of the conversation. This makes it difficult for customer to keep track of the progress of the process of addressing conc erns communicated with a company.  Organisations that provide online services face reputational risks. Source of reputational risk are varied. It can arise from hacking, where hackers deface the website (Cardoso 2009). While customers can forgive the company of its website falls into the hands of hackers, it reduces the confidence the clients have in the company in regards to its ability to keep their information safe. Reputational risks can also arise from online fraudsters that claim to work for the company, but whose real intention is to defraud unsuspecting clients (Curasi, Hogg Maclaran 2001). A client may not have a foolproof way of telling whether someone is a genuine employee of the company especially if that person seems to have access to privileged information. If the fraudster is successful, the company loses the confidence of the client. Reputational risk may also arise from poor services, such as delayed responses to client queries posted online. This risk increases because of the increased accessibility of a website to a global audience, compared to the limited number of walk-in clients for a company without online presence. In this case, the company’s customer service unit may be overwhelmed by demand for explanations. This can arise if there is a widespread problem, or if the company is implementing changes that affect its relations with its customers. Conclusion The main issues that arise from the literature review above are as follows. First, it is almost impossible to arrive at a universal definition of customer service because of differences in the philosophical approaches to the issue. In this regard, there is a need to arrive at a definition that will meet the purposes of this project. Armistead’s definition provides a very useful framework for the development of the required definition. The second issue arising from the literature review is that online customer service requires the same dedication to quality found in oth er aspects of customer service. Internet is a tool available for use in providing services to customers and it should be used wisely.  Thirdly, the main tools available for use in online customer service include the use of FAQ pages, Chat, Voice calls, Online shopping carts, and Online forums. All these services can be offered through a company’s website. There is need to consider how each of these tools can be used by the Igno company to meet is its online customer service objectives.  Finally, the company will need to make use of good web design principles to design its customer service website. Reference List Adeleke, A Aminu, SA 2012, The Determinants of Customer Loyalty in Nigeria’s GSM Market, International Journal of Business and Social Science, vol 3, no. 14, pp. 209-223. Agyapong, A Kobina, F 2012, Service Quality and Customer Choice of Mobile Telecommunication Service Providers in Ghana., International Research Journal of Finance and Economics, vol 100, no. 1, pp. 141-155. Ardichvili, A, Cardozo, R Ray, S 2003, A Theory of Entrepreneurial Opportunity Identification and Development, Journal of Business Venturing, vol 18, pp. 105-123. Armistead, CG 1989, Customer Service and Operations Management in Service Businesses, The Service Industries Journal, vol 9, no. 2, pp. 247-260. Cardoso, G 2009, From Mass Communication to Networked Communication: Thoughts 2.0, Lisbon Internet and Networks, Lisbon. Creswell, J 2008, Research Design: Qualitative, Quantitative, and Mixed Methods Approaches, 3rd edn, Sage, London. Cruz, B Mendelsohn, J 2010, Why Social Media Matters to your business, Chadwick, New York. Curasi, CF, Hogg, M Maclaran, B 2001, The Impact of the Net: Strategies for Consumer Behavior Research Design in the 21st Century’, Advances in Consumer Research, vol 28, no. 1, p. 205. Dalal, S 2007, Creativity And Innovation Driving Business, Creativity Innovation Books, Mumbai. Davila, T, Marc, EJ Robert, SD 2007, The Creativ e Enterprise: Culture, Greenwood Publishing Group, Boston, MA. Donaldson, B 1986, Customer Service: The Missing Dimension in Marketing Management, Journal of Marketing, vol 2, no. 1, pp. 133-144. Ekankumo, B, Kemebaradikumo, N Braye, K 2011, Customer Service Strategies of Retail Organisations in the Niger Delta Area of Nigeria, Asian Journal of Business Management, vol 3, no. 3, pp. 219-230. Sahaf, MA 2008, Strategic Marketing: Making Decisions For Strategic Advantage, PHI Learning Pvt Ltd, New Delhi. Wagenheim, G Reurink, J 1991, Customer service in public admistration. , vol. 51 no. 3, p. 263, Public Admistration Review, vol 51, no. 3, pp. 263-270. Wei, P Lu, H 2012, An Examination of the Celebrity Endorsements and Online Customer Reviews Influence Female Consumers Shopping Behavior, Computers in Human Behavior, , vol 29, no. 1, pp. 193-201. Yang, Z, Jun, M Peterson, RT 2004, Measuring Customer Perceived Online Service Quality Scale Development and Managerial Implications, Int ernational Journal of Operations Production Management, vol 22, no. 11, pp. 1149-1174. Yazdanifard, R, Edres, NA-H Seyedi, AP 2011, Singapore Security and Privacy Issues as a Potential Risk for Further Ecommerce Development, International Conference on Information Communication and Management, IACSIT Press, Singapore.

Friday, November 22, 2019

Tips to Improve Your French Verb Conjugations

Tips to Improve Your French Verb Conjugations Conjugating French verbs in a workbook or letter is one thing, but remembering individual verb conjugations when youre speaking is another matter entirely. Here are some tips to help you get better at conjugating French verbs. Learn the Conjugations Before you can even start to worry about speaking French with correctly conjugated verbs, you have to learn the conjugations. There are hundreds of pages on this site that can help you learn how to conjugate French verbs: Present tense conjugations - lessons to help you learn the conjugation patterns for regular verbs, reflexive verbs, stem-changing verbs, impersonal verbs, and compound tensesTop 10 French verbs - lessons on à ªtre, avoir, and the next eight most common French verbsVerb timeline - table of all the French verb tenses and moods, with links to conjugation lessons Practice Conjugating Once youve learned the conjugations, you need to practice them. The more you practice, the easier it will be for you to grab the right conjugation during a  spontaneous discussion. Some of these activities might seem boring or silly, but the point is simply to get you used to seeing, hearing and speaking the conjugations - here are some ideas. Say Them Out Loud When you come across verbs while reading a book, newspaper, or French lesson, say the subject and verb out loud. Reading conjugations is good, but saying them out loud is even better, because it gives you practice both speaking and listening to the conjugation. Write Them Out Spend 10 to 15 minutes every day conjugating verbs along with the appropriate subject pronouns. You can practice writing either the conjugations for several different tenses/moods of a single verb, or all of the, for example, imperfect conjugations for several verbs. After you write them out, say them out loud. Then write them again, say them again, and repeat 5 or 10 times. When you do this, youll see the conjugations, feel what its like to say them, and hear them, all of which will help you the next time you are actually speaking French. Conjugations for Everyone Pick up a newspaper or book and look for a verb conjugation. Say it out loud, then reconjugate the verb for all the other grammatical persons. So if you see il est (he is), youll write and/or speak all of the present tense conjugations for à ªtre. When youre done, look for another verb and do the same thing. Change the Tense This is similar to the above, but this time you reconjugate the verb into other tenses you want to practice. For example, if you see the third person singular present tense il est, change it to il a à ©tà © (passà © composà ©), il à ©tait (imperfect), and il sera (future). Write and/or speak these new conjugations, then look for another verb. Sing Along Set some conjugations to a simple tune, like Twinkle Twinkle Little Star or The Itsy Bitsy Spider, and sing it in the shower, in your car on the way to work/school, or while washing the dishes. Use Flashcards Make a set of  flashcards for the verbs you have the most trouble with by writing a subject pronoun and the infinitive on one side and the correct conjugation on the other. Then test yourself by looking at the first side and saying the subject and its conjugation out loud, or by looking at the conjugation and deciding which subject pronoun(s) its conjugated for. Verb Workbooks Another way to practice conjugations is with specialized French verb workbooks, like these: French Verb Drills by R. de Roussy de SalesFrench Verb Workbook by Jeffrey T. Chamberlain Ph.D and Lara Finklea  compare pricesThe Ultimate French Verb Review and Practice by David M. Stillman and Ronni L. Gordon  Compare Prices Improve Your French Improve your French listening comprehensionImprove your French pronunciationImprove your French reading comprehensionImprove your French verb conjugationsImprove your French vocabulary

Thursday, November 21, 2019

News Writing Assignment Example | Topics and Well Written Essays - 1000 words

News Writing - Assignment Example US president Barack Obama officially declared a $3 billion contribution to a global fund to assist third developing states manage the implications of global warming. Addressing University students at Brisbane, Obama spelt out his promise to the UN Green Climate Fund. The president’s declaration comes amid preparation for the official beginning of the G20 Leader’s Conference (Koplowitz 1). â€Å"Today, I’m announcing that the United States will take another important step,† said Obama, â€Å"the United States will channel $3 billion to the Green Climate Fund to assist third world countries handle climate change† (1). Obama’s pledge referred to Queensland’s Great Barrier Reef, which the Intergovernmental Panel on Climate Change (IPPC), cautioned could be at jeopardy if no step is taken to reduce carbon emissions. Echoing Obama’s sentiments, Athena Ballesteros, an executive member of the World Resource Institute, commended the U.S’s effort in curbing greenhouse emissions. â€Å"These promises take us a significant step closer to attaining an international climate settlement(Koplowitz 1),† said Ballesteros. In attendance was HelaCheikhrouhou, the head of the GCF. Mrs. Cheikhrouhou expressed optimism that the U.S and Japanese assurances and the subsequent G20 focus on climate change, would pave way for more important contributions by other states. â€Å"The U.S’s commitment will be a legacy of U.S President Barack Obama,† said Cheikhrouhou. Reading from the same script, Japanese Prime Minister Shinzo Abe pledged to follow Obama’s footsteps, assuring the GCF that his country’s contributions are on the way. â€Å"Concerning the Green Climate Fund, the moment all the appropriatecircumstances for receiving the contributions are met, we will deliberate on whether to contribute the fair share of the problem† (1), said Abe. For this major objective to be realized, the three nations developed a set

Tuesday, November 19, 2019

Social media and Business Communication and Advertising Essay

Social media and Business Communication and Advertising - Essay Example This paper illustrates that social media has become a major part of business promotion strategy. The trend in marketing and advertising is moving towards social media. Business marketing and promotion are moving from the traditional media such as television and print media. The social media offers businesses, big and small, a range of advantages that can be useful for the purposes of ensuring that the business benefits the most from its investment is marketing and promotion investments. Social media offers the business a range of services that are useful in business and brand promotion. To begin with, it can be useful as a way to give the customers a personalized communication platform. Businesses can respond to customers’ requests, queries, and communication on a one-on-one basis and this can be very useful in creating customer satisfaction. In this regard, social media offers a way for the business to be able to communicate on a personal level with the customers. However, be ing able to take advantage of the social media platform is not an easy fit for the businesses. Only those businesses that are able to come up with a well-laid social media strategy are able to benefit the most from the social media platform. In this case, businesses must be able to know how to take advantage of the social media to be able to take home the benefits. In fact, businesses that are unable or that refuse to take advantage of the social media end up suffering.

Sunday, November 17, 2019

The Process of Analyzing the Concept Essay Example for Free

The Process of Analyzing the Concept Essay Introduction This analysis is based on Apple Inc. case study in which the strategic management is analyzed. In the process of analyzing this concept, the article also indentifies the issues and problems as they are presented together with the identification of the major issues surrounding the organization and individuals that are involved with the Apple Inc. Alternative course of action is addressed together with the recommendation that is based on the analysis. Understanding strategic management Through strategic management, a series of moves are developed and executed with an aim of enhancing the organization to be successful in the current situation and also in the future. As the Apple Inc aggressive history is analyzed, a slew of examples are unveiled with an illustration of the irreproducible ability in the effort to have an adoption as well as own market creation. Apple’s strategic management The success of Apple Inc. has been based on its ability to integrate into its model of business operation a management that is strategic. Through strategic management diligent involvement, Apple Inc. has been able to ensure that it is not maneuvered; a strategy that has enabled the company for the past 3 decades to emerge as successful in the competition. However, believing that Apple Inc. has not gone through some setbacks would be illogical. In fact, this is one of the companies that have their good testimony of how the tread of emerging as successful in an already established market can be challenging. However, Apple Inc. has been able to maintain a steady pace as it makes effort to continue with the market analysis, which has been enhanced through having a strategic plan that has been implemented properly, and through capitalizing on strengths that have been highlighted, the analysis has indentified. In the philosophy simple terms, the strategic management is perceived to be basically important to every leading business in any sector of the economy. A model example happens to be presented by Apple Inc. on how the strategic management incorporation can assist in making a firm to successfully be able to meet its expectations and objectives (Yoffie and Slind, 2008). Through the strategic management development, Apple Inc. has benefited in many ways despite the challenges that have been witnessed in the process. Emerging as an industrial giant in the modern business is not an easily achievable goal, but will require a strategy in place that clears the path to success. Internal growth has in one way or the other enhanced the competitive growth of Apple Inc. and through maintaining an aggressive business tread, its importance has been realized in the lucrative success that has been enjoyed by Apple Inc (HBSWK, 2004). In technology, Apple Inc. has advanced from the initial computer industry to involvement of the peripherals which has been based on its products and services that have been on a wide scope. The Apple’s mission highlights a company that is with no doubt in the process of revolving the technology industry. The short term goals of Apple have not been well defined, which presents one of the major shortcomings Of Apple Inc’s strategies. Due to its major goal which has in the past been aimed at ensuring that the customers are provided with the best personal computers globally, finding other specific objectives has proved difficult to Apple. Of late, it has been realized that due to the modern emerging competition, Apple Inc. has continued losing its customers to the alternative companies that are offering their products at a lower market price, especially in the iPod music; this has strongly been attributed to the increasing hackers of the code and the piracy. Other challenges facing has been failure to draw a specific target to a customer group that is focused and failing to take advantage of the customers that already exist. Product integration failure coupled with the technologies that are available readily has been another challenge that has continued to establish it self into this company, which has been critical its success. These problems have however not been very critical to the business. The inability of Apple Inc. to be comparable to other companies has been based on the fact that Apple has not been specializing in one product scope , thus providing a more complicated scope of products. This can be an advantage as well as well as a disadvantage. Looking at Apple Inc. initial mission, the specification has been based on the computer development. With a new product development (consider the iPhone), a new mission was redefined, leaving uncertainty in evaluation of Apples initial goal (Freedman, 1998). Is it a company which has found opportunities in the market that is appropriate resulting to incorporation or is it a company that has from the onset been aimed at clearly known goals? Recommendation Apple Inc. has enjoyed success of growth in the market through development of products that have been widely accepted. The company however needs to improvise its technology and products to eliminate the problem that it has faced involving loss of its customers to the competitors. The identification of a specific group of customers would be very relevant in the process of ensuring certainty of existence in the market. The introduction of iPhone for example targeted the category of young men; a group which is likely to be very dynamic and slippery to new technology. Having a specific group of customer will thus enable Apple Inc. to progress with a strategy that will result in continuous market of its products. Just like any other company, Apple Inc. is prone to dynamic business environment and the appropriate strategic management is what is required if the business has not only to exist in the market, but also result in continuous profits. References Freedman, R., (1998). Apple Computer Inc. New York University Leonard N. School of Business HBSWK (2004). Where Does Apple Go from Here?. HBS Working Knowledge Yoffie, B. and Slind, M., (2008). Apple Inc., 2008. Harvard Business School

Thursday, November 14, 2019

Essay --

DRYING It is the most crucial part of every herb and spice sector. It is not only increases the product shelf but also enhances the product quality. At the time of harvesting moisture content is 70-85%. Due to high water content cardamom is highly susceptible for bacterial multiplication. It is highly desirable to keep the final moisture should be ranges from 10-12%. It is important to dry the cardamom capsules as soon after harvest as possible to prevent the loss of aroma. It is also imperative that the drying process is as short in order to avoid mould growth and retain the bright green color of capsule. The drying temperature should not be above 50Â °C otherwise it will affect the color and delicate flavor of the final product. Cardamom capsules with a good green color can be sold for a premium price. If the drying period is too long mould can start to grow on the cardamom. Various types of dryers are used for processing of spices, ranging from simple sun drying to gas drying, wood firer drying and humidity controller dryer. SUN DRYING. It is very ancient and very cheap method of dr...

Tuesday, November 12, 2019

Connecting Sociological Theory and Social Issues

Running Head: Connecting Sociological Theory and Social Issues Connecting Sociological Theory and Social Issues The topic of choice is the HIV/AIDS epidemic in the United States and around the world. HIV/AIDS has been a main concern for the world since its emergence in the 1980’s. â€Å"The prevalence of HIV/AIDS in the United States through 2009 was about 1 million cases. Worldwide, the prevalence of HIV/AIDS varies from less than 0. 1 percent to 15–28 percent of a country’s population†. (Schaefer 394)This essay will explore the three major socialization perspectives on this issue; the interactionist perspective, the conflict perspective, and the functionalist perspective. Each perspective will give a greater insight on how society reasons. The functionalist perspective is described as â€Å"a sociological approach that emphasizes the way in which the parts of a society are structured to maintain its stability†. (Schaefer 440) On the topic of HIV/A IDS, a functionalist will most likely focus on how this issue has affected health care for those infected with the disease.Without proper healthcare, there will be a sociological imbalance. So in order to bring back balance and stability, other alternatives have to be established. A functionalist will emphasize that â€Å"if established social institutions cannot meet a crucial need, new social networks are likely to emerge to perform that function. In the case of AIDS, self-help groups have organized, especially in the gay communities of major cities, to care for the sick, educate the healthy, and lobby for more responsive public policies†. Schaefer 395) On the other hand, the conflict perspective is focused on the tension that comes about with the HIV/AIDS epidemic. For a long time AIDS was seen as a homosexual, drug user, African American disease. From the conflict viewpoint this could be a reason why the government did not respond as quickly as they should have. â€Å"St udies show that African Americans and Latinos are diagnosed later and are slower to receive treatment than other racial and ethnic roups. † (Schaefer 395) However, to correct the injustice there has been new programs to reach out to minorities and those less fortunate to receive treatments. An interactionist perspective looks at an issue on a smaller scale (micro) than the conflict and functionalist perspective. The interactionist is defined as â€Å"a sociological approach that generalizes about everyday forms of social interaction in order to explain society as a whole†. Schaefer 441) The HIV/AIDS epidemic on a micro level was predicted that the outbreak â€Å"would lead to a more conservative sexual climate among both homosexuals and heterosexuals, in which people would be much more cautious about becoming involved with new partners. † (Schaefer 395) However, statistics have shown quite the opposite. â€Å"People in the United States have not heeded precautio ns about â€Å"safe sex. † Data from studies conducted in the early 1990s indicated a growing complacency about AIDS, even among those who were most vulnerable. † (Schaefer 395)To conclude, no sociological perspective or approach is the precise method of viewing society as a whole. It is best to take a little bit of each perspective. Although, each perspective is different, they all depict that HIV/AIDS is a huge concern for society. If we do not continue to make progress and become lax in spreading the education on HIV/AIDS, history will have a way of repeating itself. Reference Schaefer, Richard T.. Sociology: A Brief Introduction, 9th Edition. McGraw-Hill Learning Solutions, 2011. .

Saturday, November 9, 2019

Macroeconomic

Macroeconomic study of deal not with Individual but aggregate of these quantities not with Individual Incomes but nation incomes not with Individual output but with the nation output Macroeconomic as two policies which are; Financial or monetary macroeconomic policies: The government can make the balance of how money can be supply.The money can be supply In three term which are: OMO- Open Market Operation Reserve requirement Interest Rate OMO can supply money Into the bank through central bank example the BOT can sell the shared to the bank at the lower price who can be faced the Inflation and then hat central bank can buy to the higher price theory.In microeconomics the behavior can depend on how they make decision on choice of the good but in the microeconomics it not consider the 1 OF3 Inalvlaual Denavlor It cons10er aoout tne tne wnole nation com/microeconomics-chapter-4/">Microeconomics is the study of decision that people and business make regarding the allocation of resource a nd price of good and services . This can means also taking into account taxes and regulation created by government. Macroeconomic focused on the supply and demand and other forces that determine the price level seen in he economy. For example microeconomics would look at how a specific company could maximize its production and capacity so it could lower price and better compete in its industry Macroeconomic on the other hand is it the field of economic that studies the behavior of the economy as a whole and not Just on the specific companies but the entire industries and economic .This look at economy-wide phenomena such as Gross Nation Product (GDP) and how its affected by changes in unemployment, nation income, rate growth, and price level . For example , macroeconomic would look t how an increase/decrease in net export would affect the nation capital account or how GDP would be affected by unemployment. What are the determinants of economic growth and living standard in a country in macroeconomic are used in determine to know why this country is more develop than other country are used macroeconomic. For example why Kenya are more develop than Tanzanian country is this how can be used or.Since a century ago developed nation have achieved a high rate of economic growth which in turn raised people standard of living macroeconomic examines the reasons behind the speedy conomic growth in the developed nations and understand the reason why this growth is different between the various countries Productivity The average labor productivity or the output of a single worker is important to determine the standard of living macroeconomic will question the factor which decide on the employee productivity growth rate macroeconomic is seen the one worker or single worker in order to determine the average of the worker in the economic that can assure the economic product of the nation or the whole can grow or not in yht area What are the cause of the decline and growth in an economic ny economy will surely go through decline and growth in relation to this macroeconomic will look at the cause of these changes in the economic and the government policies that can be implement to overcome an economic problem wnat are Tactor wnlcn affectlng unemployment Rate of unemployment means there is an available work force that wants to work but has no Jobs the rate of unemployment will increase when the economic situation is good macroeconomic will examine the reasons for unemployment types of unemployment and ways to overcome unemployment What are factor that cause the general price level or inflation to rise Inflation is an increase in the general price level which is usually measured by changes in the consumer price index the question asked in a macroeconomic analysis are 1 . what are factor affecting inflation. 2. Why does inflation rate differ from time to time 3. why does inflation rate fro one country to anotherThe macroeconomic does not look for the one per son or individual s a policy but can be used to all people For instances if a national saving is increased at the cost of individual welfare it is not considered a wise policy The macroeconomic analysis regard aggregate as homogenous but does not into its internal composition For instance if the wages of the clerks fall and the wages of the teachers rise the average wage may remain the same It is not necessary that aggregate variable are important. For instance nation income is the total of the individual income if the nation income in the country goes up it is no necessary that the income of all individual in the country will also rise there is possibility that that the rise in nation income may be due to the increase in the income of a few rich families of the country

Thursday, November 7, 2019

Myths About Obama - The 5 Wackiest Myths About Obama

Myths About Obama - The 5 Wackiest Myths About Obama If you believe everything you read in your email inbox, Barack Obama is a Muslim born in Kenya who is ineligible to serve as U.S. president and he even charters private jets at taxpayer expense so the family dog Bo can go on vacation in luxury. And then there is the truth. No other modern president, it seems, has been the subject of so many outrageous and malicious fabrications. The myths about Obama live on through the years, mostly in chain emails forwarded endlessly across the Internet, despite being debunked over and over again. Here is a look at five of the silliest myths about Obama: 1. Obama is Muslim. False. He is a Christian. Obama was baptized at Chicagos Trinity United Church of Christ in 1988. And he has spoken and written often about his faith in Christ. Rich, poor, sinner, saved, you needed to embrace Christ precisely because you had sins to wash away - because you were human, he wrote in his memoir, The Audacity of Hope. ... Kneeling beneath that cross on the South Side of Chicago, I felt Gods spirit beckoning me. I submitted myself to His will, and dedicated myself to discovering His truth, Obama wrote. And yet nearly one in five Americans - 18 percent - believe Obama is a Muslim, according to an August 2010 survey conducted by The Pew Forum on Religion and Public Life. The are wrong. 2. Obama Nixes National Day of Prayer Numerous widely circulated emails claim President Barack Obama refused to recognize the National Day of Prayer after taking office in January of 2009. Oh Our wonderful president is at it again .... he has cancelled the national day of prayer that is held at the white house every year .... sure glad I wasnt fooled into voting for him! one email begins. Thats false. Obama issued proclamations setting the National Day of Prayer in both 2009 and 2010. We are blessed to live in a Nation that counts freedom of conscience and free exercise of religion among its most fundamental principles, thereby ensuring that all people of goodwill may hold and practice their beliefs according to the dictates of their consciences, Obamas April 2010 proclamation read. Prayer has been a sustaining way for many Americans of diverse faiths to express their most cherished beliefs, and thus we have long deemed it fitting and proper to publicly recognize the importance of prayer on this day across the Nation. 3. Obama Uses Taxpayer Money to Fund Abortions Critics claim that the health care reform law of 2010, or Patient Protection and Affordable Care Act, includes provisions that make up the broadest expansion of legalized abortion since Roe v. Wade. The Obama Administration will give Pennsylvania $160 million in federal tax funds, which weve discovered will pay for insurance plans that cover any legal abortion, Douglas Johnson, legislative director for the National Right to Life Committee, said in a widely circulated statement in July 2010. Wrong again. The Pennsylvania Insurance Department, responding to claims that federal money would fund abortions, issued a stern rebuttal to anti-abortion groups.Pennsylvania will - and has always intended to - comply with the federal ban on abortion funding in the coverage provided through our federally funded high risk pool, the Insurance Department said in a statement. In fact, Obama signed an executive order banning the use of federal money to pay for abortion in the health care reform law on March 24, 2010. If the state and federal governments stick to their words, it does not appear taxpayer money will pay any part of abortions in Pennsylvania or any other state. 4. Obama Was Born in Kenya Numerous conspiracy theories claim that Obama was born in Kenya and not Hawaii, and that because he was not born here he was not eligible to serve as president.The silly rumors grew so loud, however, that Obama released a copy of his certificate of live birth during the presidential campaign in 2007. Smears claiming Barack Obama doesnt have a birth certificate arent actually about that piece of paper - theyre about manipulating people into thinking Barack is not an American citizen, the campaign said. The truth is, Barack Obama was born in the state of Hawaii in 1961, a native citizen of the United States of America. The documents prove he was born in Hawaii. Though some believe the records are phony. 5. Obama Charters Plane for the Family Dog Uh, no. PolitiFact.com, a service of the St. Petersburg Times in Florida, managed to track down the source of this ridiculous myth to a vaguely worded newspaper article in Maine about the first familys vacation in the summer of 2010. The article, about the Obamas visiting Acadia National Park, reported: Arriving in a small jet before the Obamas was the first dog, Bo, a Portuguese water dog given as a present by the late U.S. Sen Ted Kennedy, D-Mass., and the presidents personal aide Reggie Love, who chatted with Baldacci. Some folks, eager to jump on the president, mistakenly believed that meant the dog got its own personal jet. Yeah, really. As the rest of us toil on the unemployment line, as millions of Americans find their retirement accounts dwindling, their hours at work cut, and their pay scale trimmed, King Barack and Queen Michelle are flying their little doggie, Bo, on his own special jet airplane for his own little vacation adventure, one blogger wrote. The truth? The Obamas and their staffer traveled in two small planes because the runway where they landed was too short to accommodate Air Force One. So one plane carried the family. The other carried the Bo the dog - and lots of other people. The dog did not have its own private jet.

Tuesday, November 5, 2019

How Are AP Exams Scored

How Are AP Exams Scored SAT / ACT Prep Online Guides and Tips If you’re studying for an AP exam right now or are thinking about taking an AP class in the future, you might be wondering: how are AP exams scored? In this post, we'll break down the scoring process, all the way from the raw scores you earn on the multiple-choice section and essays to how you get a final score on a scale of 1-5. Knowing how AP exams are scored can help you do your best on them- especially if you want a perfect 5! The AP Scoring Scale Each AP test is given a score from 1 to 5.According to the College Board (the group that administers AP tests), these numbers translate in the following ways: 5: Extremely Well Qualified 4: Well Qualified 3: Qualified 2: Possibly Qualified 1: No recommendation Any score that's 3 or higher is considered a passing score, though some colleges only accept 4s and 5s for credit. (See AP’s college database for specific policies at each university.)Getting a 5 is especially desirable because, for most exams, it puts you in the top 10-20% of scorers. See our list of AP classes for more info on passing rates. Your 1-5 score is a scaled score,converted from a composite score.Your composite score is calculated from the total number of raw points you earned from your correct multiple-choice answers and your free response. It’s a bit confusing, but we will guide you through the process! Want to get a perfect 5 on your AP exam and an A in class? We can help. PrepScholar Tutors is the world's best tutoring service. We combine world-class expert tutors with our proprietary teaching techniques. Our students have gotten A's on thousands of classes, perfect 5's on AP tests, and ludicrously high SAT Subject Test scores. Whether you need help with science, math, English, social science, or more, we've got you covered. Get better grades today with PrepScholar Tutors. How Are AP Tests Scored? The majority of AP exams consist of two sections: multiple choice and free response. On some exams each section is weighted equally, whereas on others one section is worth slightly more. You can look up the specifics for each exam on the officialAP courses pages. The multiple-choice section is graded by a computer. There are no deductions for incorrect or blank answers, so your raw multiple-choice score is simply the number of questions you get correct. The free-response section is graded during the annual AP Reading held in the first two weeks of June. The AP Reading is basically a huge convention. Tons of teachers and college professors gather to grade thousands and thousands of student-written responses for each exam. This is why you don't get your AP scores until July even though you take the test in May:the written portion of your exam isn't graded until mid-June. After that, the College Board has to calculate the composite score and final scaled score for each exam, equating the test so the scores stay even from year to year. (For example, they want to make sure a 3 on the AP US History exam means the same thing from one year to another, even if one version of the test turned out to be more difficult for students.) (Side note:There is a good chance that an AP teacher at your school goes to the AP Reading each year. It can be interesting and helpful to talk to them about what happens at the convention, how quickly free responses are scored, and the best and worse free responses they’ve seen. These are answers that will vary a lot from subject to subject but could ultimately be helpful to you!) This is a picture from the English Literature Reading from this blog post over at AP Central. It's worth taking a look at if you are curious about what the AP Reading is like! Each free response is given a "holistic" score, meaning it's evaluated for its overall effectiveness or correctness. Typically, points aren’t deducted for the occasional small error, such as a spelling or grammar mistake. Most tests grade their free responses between 1 and 9, with 1 being least effective and 9 being nearly perfect. Your raw free-response score is the total of the scores you get for each response. How to Get a Scaled AP Score Between 1 and 5 After your multiple-choice section is graded by a machine and your free response is graded by a human, your essay and multiple-choice scores are combined to give you a composite score. This score is just a way of combining the two section scores so that they are weighted correctly. For example, for AP English, multiple choice is worth 45% and free response is worth 55%. Often, composite scores are between 0 and 100, or 0 and 150. The composite score is then converted to a number on the scaled score range 1-5. This means that for each scaled score, there is a range of possible composite scores that could earn it. For example, a 5 could be any composite score between 0 and 150 on one exam. Since scaling varies year to year, there are no exact cutoff numbers for scores for AP tests, and the College Board does not release detailed scoring data. Furthermore, you will not see what your composite score was on your AP score report- you'll only get the final number between 1 and 5. However, many teachers, prep books, and websites have come up with formulas to predict the scaled score for each AP test, which can help when you are grading your practice tests and trying to come up with a target score. Scoring Example: AP English Language and Composition As we've seen, AP test scoring is not exactly straightforward. To help clarify the process, we will walk through a scoring example using the most popular test, AP English Language and Composition. Also known as the class in which you annotate every. Single. Thing. Here are the basics of the AP English exam: it has 55 multiple-choice questions, worth 45% of your score, and three essays, worth 55% of your score. Each essay is graded between 1 and 9. Before we get into the scoring example, remember that this guide is an estimation since score conversions can vary year to year based on test difficulty. While it's impossible to precisely predict an AP test score before you get your score, you can still get an idea of how the process works. Step 1: Add Up Your Correct Answers to Get Your Raw Scores There are 55 multiple-choice questions on the AP English exam. Let's say you get 40 right, get eight wrong, and leave seven blank. Your raw multiple-choice score would be an even 40 points. Out of the three essays, let's say you earn the following scores from the graders: 4, 7, and 8. This gives youa total raw essay score of 19 (4+7+8). Step 2: Convert Your Raw Scores to a Single Composite Score Now, this is the tricky part in which we will convert each of those raw scores to a single composite score between 0 and 150. The maximum converted essay score is 82.5, or 55% of 150. The maximum converted multiple-choice score is 67.5, or 45% of 150. To figure out your composite score, use this formula: (Multiple Choice Raw Score x 1.23) + (Essay Raw Score x 3.05) = Composite Score In this example, your multiple-choice composite score would be 49.2, and your essay composite score would be 57.95. Thus,your total composite score would be 107 (rounded down). Step 3: Use the Chart to Estimate Your Scaled Score The last step is easy. Use the chart below to estimate your final AP score (on a scale of 1-5): Composite Score (0-100 or 0-150) Scaled Score (1-5) 104-150 5 92-103 4 76-91 3 50-75 2 0-49 1 As you can see, your score of 107 would earn you a 5- but just barely! Again, these numbers are estimates and will shift from year to year based on test difficulty. Since 107 is just over the mark of 104, it's possible that in some years it could net you a 4 instead of a 5. What About Scoring Other AP Tests? We’ve learned how to score an AP English Language and Composition exam. However,you can’t use this exact same process for every AP test. Most AP tests have slightly different section weights and question totals, so the scoring formulas are different. For example, AP Calculus AB has fewer multiple choice questions (45), more free responses (six total), and weighs each section at 50%. Each AP subject is a unique challenge ... and has its own scoring formula. So how can you figure out how the AP tests you are taking are graded? First, if you’re taking the AP class for the test you want to take, ask your teacher if he or she has a formula for converting practice test scores to scaled scores. Most AP teachers have a formula they use with their students for practice exams. If you’re not taking the class or your teacher doesn’t have a formula, either find a prep book for your specific test or search online. Remember that all formulas are estimates. Soif you really want a 5, you shouldn’t aim for the lowest possible composite- you should aim for perfection, or very close. That’s the only way to guarantee you'll get a 5 on test day. On the other hand, if you just want to make sure you pass, try to aim for a 4 so that even if you make more mistakes than you're hoping to, you’ll still get at least a 3! Want to get a perfect 5 on your AP exam and an A in class? We can help. PrepScholar Tutors is the world's best tutoring service. We combine world-class expert tutors with our proprietary teaching techniques. Our students have gotten A's on thousands of classes, perfect 5's on AP tests, and ludicrously high SAT Subject Test scores. Whether you need help with science, math, English, social science, or more, we've got you covered. Get better grades today with PrepScholar Tutors. What’s Next? Curious about the benefits of taking an AP Exam? See our in-depth guide about what AP tests are and why you should take them. Also studying for the SAT? Get tips from our resident 1600 full scorer, and check out how to improve a low SAT Math score. Studying for the ACT instead? Get tips on the essay, read a guide to the daily ACT question, and learn how you can score a perfect 36. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now: