Exclusionary rule and the fruit of the poisonus tree Essay

Exclusionary rule and the fruit of the poisonus tree - Essay Example Such illegally obtained evidence was henceforth banned form use in Federal courts. Justice William Day wrote the unanimous opinion, saying that the Fourth Amendment essentially embodies the old English common law principle that ‘a man’s home is his castle’, and that it was intended to â€Å"forever secure the people, their persons, houses papers, and effects, against all unreasonable searches and seizures under the guise of law.†2 Justice Day continued with what may be one of the most damning indictments of illegal police conduct as he argued that â€Å"the tendency of those who execute the criminal laws of the country to obtain convictions by means of unlawful searches or enforced confessions . . . should find no sanction in the judgment of the courts which are charged at all times with the support of the Constitution and to which people of all conditions have a right to appeal for the maintenance of such fundamental rights.†3 The vital element of this argument is that just because the police and prosecutors had routinely performed illegal searches and â€Å"pressured† (some would say tortured) suspects into giving confessions, the mere fact that the illegality was widespread and of long duration provided no defense. Interestingly, Day’s argument was essentially the opposite of William Rehnquist’s argument for keeping the Miranda rights. Renquist argued that while the constitution may not guarantee or require such rights, the fact hat they had become part of the overall fabric of the legal system in particular and of American society in general they had become an essential fabric of the legal landscape.4 While the actual reasoning behind the exclusionary rule may be somewhat hazy at times, especially in these early cases when it was being initially being developed, and before its progeny had fleshed out the whole, its institution seems to have been catalysed by a view of

Meeting to Improve Production Essay Example | Topics and Well Written Essays - 1500 words

Meeting to Improve Production - Essay Example Within the workplace, several examples of basic needs are rest periods, lunch breaks, and wages. Safety needs in the workplace can include job security, seniority, pensions, and medical and life insurance. A person must feel safe and be granted a freedom from fear. Only then can they continue to excel. Social needs are defined as the need for love, affection, and a sense of belonging in one’s relationships with other persons. Workplace examples of these needs include work groups, teamwork, and company outings. Friendships are beneficial to humans at home and in the workplace, but some employers do not realize the importance of this association. Research has shown that promoting social interaction among employees will increase morale and productivity. Self esteem needs are defined as the need for the esteem of others; respect, prestige, recognition, and personal sense of competence. Humans are egocentric, and everyone likes to be praised. A worker appreciates recognition for a job well done. This recognition will motivate them to continue working hard for the company. If the praise is lacking, the worker will begin to understand that doing quality work is unnecessary. The praise need merely be a few words of gratitude in the presence of their peers.The last level of Maslow’s hierarchy, the pinnacle of achievement, is self-actualization. This represents a lofty goal for an individual; the need to fulfill oneself; to grow and use one’s abilities to the fullest and most creative extent. The concept offers a variety of interpretations, because it differs with each person.

Corporate financial statement analysis of Volkswagen

Corporate financial statement analysis of Volkswagen Abstract The main aim from this project is to analyze manufacturing company in term of ratios analysis and common size analysis. We took Volkswagen Group as a manufacturing company and we try to know what are the line business, major competitors, and the goals of Volkswagen Group. Then we start to make common size analysis (vertical and horizontal analysis) for both income statement and balance sheet from year 2005 to 2009 to see the financial performance of the company over the time. Moreover we make ratios analysis to check the liquidity, solvency, profitability, efficiency, and cash flow of the Volkswagen Group.Finally, the report is going to discuss the data that we found on common size analysis and ratios analysis. Also the report will include all the annual report from 2005 to 2009. Company profile a)What is the companys principal line of business and major competitors? Volkswagen Group majorly known as the VW group is a German originated automobile manufacturing group that is ranked third largest in world as a motor vehicle manufacturer. The core business of the group includes developing vehicles and components for all marques and manufacturing complete vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles marques. The group has world-wide working of operations but its primary focus is Europe market. Major competitors of Volkswagen are Toyotta, General Motors, Ford and Hyundai. b)On what day does the companys fiscal year end? The company Fiscal year ends on Dec, 31st c) What is the largest source of cash from financing activities? For the year ended Dec 31, 2009 its â€Å"Proceeds from issue of Bonds† d) What is the largest use of cash from investing activities? For the year ended Dec 31, 2009 its â€Å"Disposal of Equity Investments† e) What is the average income tax rate for the fiscal year reported? Income tax rate for 2005 is : 35.2%, 2006: 9.1%, 2007:37.0 %, 2008: 29.1%, 2009: 27.7%. The average tax rate is 27.62%. f) What is the average issue (sale) price per share of common stock issued as of the end of the fiscal year reported? The average issue (sale) price per share â‚ ¬ 149.42 Company goals and achievements Descriptive information, Compare goals provided in annual reports with achievements in the following periods, seek for any possible predetermined standards and find out whether the company achieved them in the following periods. There are numerous objectives and goals set by the Management of Volkswagen with the motive of enabling the company to expand the scope of its business and generate sustainable success by focusing on its customers and environment. As part of business operations management, the Board has focused on introducing measures to improve cost structures through process optimization overall and modular strategy implementation. The implementation of these goals can be seen through the financial performance of Volkswagen where in terms of sales, the related costs are kept in controlled and balanced trend with no irregular hikes. Volkswagen goal of servicing its customers with most innovative and fascinating vehicles is met with its ability to generate increased world-wide sales and improved cost position. In 2007, the company earned a sales record of 6.2 million vehicles. As part of Volkswagens global business strategy, the goal of the company had been to implement its multi brand strategy and introduce most environments friendly and broadest vehicle range. Towards implementing these goals, the company in year 2009 has been able to cope with the weak industry trends due to financial and economic crisis overall. Its implementation of integration and partnerships with Porsche and Suzuki have unlocked many growth prospects. It is the result of such policies of management that Volkswagen group did not suffer from the financial crisis to the extent most of the competitors did. The focus of maintaining quality standards is also evident from the analysis of financial statements where each year better quality improving standards and procedure are implemented as part of production processes to enable Volkswagen in delivering its customers best equipped quality vehicles. Future goals of company include exploring more developments in fuel efficiency for vehicles and climate friendly fuels as key components of automobility along with driver assistance systems to promote fuel efficient driving. Common Size Analysis Ratios analysis Data Analysis Having done with a thorough financial statement analysis of Volkswagen Group for year 2005-2009, it is seen that the company as a key component of Automobile Industry has been able to maintain its financial performance with slight disturbance in profits for fiscal year 2009 as a result of global depression in markets. Firstly having a look at the vertical common size analysis of Volkswagen Income statement and Balance sheet revealed that most items of Income statement and Balance sheet do not present any major fluctuations over five years. Year 2007 and 2008 were better performing business years where due to decreased CGS as a percentage of Sales, overall profitability was improved i.e. Operating profit and EBT improved from 2% in 2006 to 6% in 2007 and 2008. However, due to an overall market recession profitability has significantly decreased due to burden on costs and expenses i.e. PAT decreased from 4% in 2008 to 1% in 2009. The vertical common size balance sheet showed the group structure consists of Debt: Equity of 80:20. Other significant values are fixed assets, cash, inventory and financial service receivables. The horizontal common size analysis of Income statement and balance sheet taking 2005 as base year showed a healthy growth trend for years 2006-2008, whereas for year 2009, it exposed a decreased trend of profitability significantly in operating profit, Profit before tax and Profit after tax. The balance sheet shows increasing and decreasing fluctuations when looked at individual items but overall can be considered relatively stable and improving. The Ratio analysis of financial statements is done to evaluate the performance of company in a given year using relations between different balance sheet, income statement and cash flow items. Volkswagen analysis of different financial ratios over the period of 5 years enabled us in seeing the performance of Group under five heads: Assets efficiency, liquidity, cash flow, profitability and solvency. Assets efficiency: These ratios are used to check the efficiency of a company i.e. how efficiently assets of company are used in generating revenue. The fixed asset turnover and total asset turnover ratios are lower in magnitude over the time period under analysis. Generally the greater the magnitudes of these ratios the efficient are the assets of a company are considered in generating sales revenue. Volkswagen group assets turnover ratios for last five years vary within range of 0.5 and 1.2 which is not quite impressive. The inventory turnover ratio over the last five years shows a mixed trend whereas the receivable and payable turnover are also a concern as payable turnover should be greater in magnitude than receivable whereas its the opposite case here. Profitability: The profit margins for past five shows an increasing trend till 2008, however for year 2009 profitability is effected due to decreased sales and pressures on costs. The trends for Return on assets and equity, are also the same, whereas the magnitude of these is moderate. The earnings per share for the group is attractive enough just declines much for year 2009 i.e. from â‚ ¬4.6 in 2008 to â‚ ¬0.9 in 2009. Liquidity: These are the ratios derived from balance sheet and measure ability of company to generate liquid funds to pay its debts. The current and quick ratios for Volkswagen fall within the range of 0.9 and 1.2 for past five years which is considered well enough for liquidity purposes. The cash conversion cycle is the number of days cash is tied up in production and sales process. Our analysis shows a mixed trend which is observed to decrease in 2009 which is a good indicator. The receivable collection and payable deferral periods are also in favor of companys liquidity requirements. Cash flow: The cash flow ratio of less is one is indicative of greater chances for bankruptcy. Volkswagen cash flow ratio over past five years is consistently low and need attention. Debt /Solvency: These show the overall debt load of company. The debt as compared to assets does not portrays greater risks, however greater dependence if debt as compared to equity increases leverage and so the risk scope for the Volkswagen.

Return on Investment Analysis Essay -- Finance Financial Business Essa

Return on Investment Analysis Profit Every business must devise a means to make and measure the profit from an investment. Profit reflects the very nature of business. Businesses that provide a product or service want to know if their efforts in a particular field will result in financial gain (Wiens 1997). The concept "Return On Investment" provides a means to measure the profit obtained from an investment. I will discuss the area of return on investment from a training and staff development perspective and why it is important. To Train or Not To Train Companies and educational institutions at one time or another will face the question of whether training will help their company remain competitive. Training is very expensive and time consuming. The employee will miss time from work. Someone will have to fill in for the employee. The "fill-in" may not perform as well as the employee which results in lower productivity. Travel and site procurement add to the cost. The trainer will demand a salary and materials. A subject matter expert may possibly factor in the equation. Furthermore, the company usually will conduct a needs analysis to determine if training is the actual solution needed to increase profitability. All of these elements translate into time and money. However, research has discovered that a new medium of delivery has cut cost significantly. The medium is computer based training (Schriver 1999). The expense is reduced by travel, instructor hours, record handling, and productivity (Schriver 1999). Many businesses and educational institution are examining the possibility of computer based training. Many decision makers reason if the same results can be obtained at a cheaper rate, by all means implem... ...emain in an organization or fall victim to cost cutting initiatives. References: Hansen, D. & M, Maryanne (1997). Management Accounting 4th Ed, South Western College Publishing Company.. Lachenmaier, L. & Moor, W. (August 1997). Using Business Performance to Evaluate Multimedia Training in Manufacturing. Performance Improvement, p. 16. Schriver R. & Giles, S. (August 1999). Real ROI Numbers. Training and Development,p. 51. Stolovitch, H. & M. Jean (October 1998). Calculating the Return on Investment in Training: A Critical Analysis and A Case Study. Performance Improvement Vol. 37 #8, 9-20. Todnem, G. & Micheal W. (Summer 1993) Using ROI to Assess Staff Development Efforts. Journal of Staff Development Vol. 14, No. 3. p. 32 Wiens, E. (November 1997). Looking Ahead: How Will Technology Affect the Future. The Technology Teacher, p .21.

Analyzing the Major Theme in “A Model of Christian Charity”

Analyzing the Major Theme in â€Å"A Model of Christian Charity† John Winthrop's â€Å"A Model of Christian Charity† illustrates America's status as the leading nation of the world and the unity of the Americans community. Throughout his speech, Winthrop talked about the bonds and ties, during his speech he talked about the same theme using different words in order to reinforce the idea that a successful colony must keep absolute unity and conformity. The whole speech is presented in the first plural person, that suggests that the Puritans (Winthrop is one of them), are undiversified group.In his speech he states many times that there are â€Å"knit together† in a bond of common cause and common destiny, that appears when he says: â€Å"in a bond of common cause and common destiny†, every individual's fate subject to that of the group. He also calls attention to Puritans when he says: â€Å"For we must consider that we shall be as a city upon a hill†, to suggest once more that the different individuals are all delimited into one larger entity, one to which the world will look for leadership and guidance.He doesn't insist only on unity between and among the individual Puritans,but also he pursues the unity between God and humans,the sacred and the governmental. He speaks about the more near bond of marriage Between God and the Puritans, as he said: â€Å"First, in regard of the more near bond of marriage between Him and us†, obligating them to the higher purpose God intends not only to one another. There are many phrases that combine the system of government with that of religion, such as â€Å"government both civil and ecclesiastical†.Winthrop quotes from the Bible many times during his speech, and makes biblical allusions, his allusions always points to rise up the Puritan's struggle and to escape oppression. He also compares the â€Å"special commission† God has given the Puritans to the commission given Saul to destroy Amaleck in the Old Testament (He indented with him upon certain articles, and because he failed in one of the least, and that upon a fair pretense, it lost him the kingdom, which should have been his reward, if he had observed his commission).In addition he quotes Moses speaking to the Israelites on their way from slavery to the Promised Land â€Å"’Beloved there is now set before us life and death, good and evil†, hinting himself as a kind of law giver directly from God and the Puritans as a new chosen people. Between al the established in North America and elsewhere around the world, Winthrop gives the creation of this colony a biblical importance, as though when scripture is read in the future, the Puritans’ founding of Massachusetts would be included.The sense of self-importance fills Winthrop's speech, and to dramatically emphasize this grandness, Winthrop's speak moves from the most elevated and the colony's success, to the most dark, when describing consequences of potential failure. Winthrop states that in success, God will make them (the puritans) a praise and glory;people will look at them as an example. He constantly refers to the Puritans as though they were the most important people to God, commanding all of His attention, as he says:†For we must consider that we shall be as a city upon a hill.The eyes of all people are upon us. So that if we shall deal falsely with our God in this work we have undertaken, and so cause Him to withdraw His present help from us, we shall be made a story and a by-word through the world†. He constantly refers to the Puritans as though they were the most important people to God, commanding all of His attention. Winthrop uses language suggestive of ultimate damnation and ruin, saying that†We shall open the mouths of enemies to speak evil of the ways of God, and all professors for God's sake.We shall shame the faces of many of God's worthy servants, and cause their prayers to be turned into curses upon us till we are consumed out of the good land whither we are going†. The concept of individual damnation through sin is here applied to a whole people, binding them in their destruction. Winthrop thinks that Puritans are so important to God comparing with other humans in the earth. In his speech Winthrop affect strongly upon the Puritans (his audience), the great importance of what they are doing and the frightening,universe-shaking consequences if they fail.Winthrop breeds an elevated sense of pride in accomplishment and fearof failure into his audience and demands of them an absolute sense of unity between each other and with their faith, making dissent equal to destruction or damnation. This sense of America being the center of the world, a nation of individuals bound together and lives in a unity. Despite the different cultures that make up America, the Puritanical roots remain a strong part of thenational character.

British Airways And Iberia Airlines Merger Accounting Essay

There used to be a clip when British air passages ( BA ) could asseverate to be â€Å" the universe ‘s favorite air hose † , as its streamers conceitedly confirmed. However, taking the present economic scenario BA is undergoing a figure of jobs in the industry. British air passages are still fighting with the bequest of province ownership even after it has been privatised for last twenty old ages. Even recession has hard-hit the air hose industry and to get the better of the losingss that British air hoses had faced during recession ; it had decided to cut down on its cost by cut downing cabin crew and by detering an addition in the wage. However this acted as a accelerator in the industrial differences and the consequence of which is still really much felt in the day-to-day concern of BA ; there have been a figure of dead ends and work stoppages within the air hoses which have left riders to make up one's mind on for other air hoses. ( ECONOMIST, 2009 ) Due to economic crisis concern coming from North American paths was hard-hit due to a autumn in the business-class travel. However, this could be recovered with the recovery of American economic system every bit good as resuscitating the long-haul travel which makes a major portion of BA net incomes. One of BA ‘s major jobs is â€Å" Pension Deficit † . BA has besides been confronting tough competition from low-cost air hoses that have been supplying clients with cheaper menus on short-haul travel. So, the lone remedy to get the better of such losingss is seen in making or teaming up with a low cost spouse. ( ECONOMIST, 2009 ) Iberian air hoses have been enduring from lower air cost travel demand every bit good. It has reported a thrashing of 16.4 million euro in the 3rd one-fourth compared to gross of 30.4 million euro earned in the earlier one-fourth. The standard menus of this air hose have declined by 14 % and even the burden factor i.e. how filled the air-crafts are, declined to e very bit much as 1.1 % points to 82.1 % . To get by up with the recognition crunch it has decided to stop dead the rewards for 2010 and 2011 therefore heightening one-year nest eggs up to 37 million euro by 2011. It besides plans to make new air hose to provide to the demands of the traffic of Madrid Hub.( MENAFN, 2009 ) British air passages decided to fall in custodies with Iberian air hoses as a consequence of recognition crunch. By coming together they would come in the conference of large European air hoses. The amalgamation with the Spain based air hoses was looked upon as an appealing blend a twelvemonth ago. However, taking the present province of personal businesss it seems to be worth a joint deliverance procedure. This is so because both of their air hoses economic systems are still under the influence of fiscal crisis ; fighting with costs higher than the income. Iberia is still non moved by Mr. Willie Walsh ‘s, main executive of BA, dissensions with the brotherhood . It still holds optimistic position towards BA ‘s major job of â€Å" Pension Deficit † . However if we consider the articles or the memoranda of the amalgamation which was signed in November '09 between the two companies, Iberia has the right to name of the contract if BA is unable to run into up to the demands of the legal guardians refering the two pension financess. As recalculated on December 14th '09 by the legal guardians, the deficit of the two financess was declared to be at & A ; lb ; 3.7 billion, based on March 31st '09 rating. Presently BA is seting in hard currency worth & A ; lb ; 131m a twelvemonth. The Pension Regulator is assisting to reason whether the rating performed by the legal guardians is satisfactory or non and what farther actions are required to get the better of the recognition crunch. In this context, Iberian air hoses say that it can make up one's mind to name of the trade if BA lands up paying more hard currency.( ECONOMIST, 2009 ) Airlines amalgamations and acquisitions are based upon schemes which involves several conditions. Airlines M & A ; A is good for both travelers and air hose employees. The issues which are considered while air power M & A ; A are â€Å" clip, blessings, efficiency, competition, rider benefits, and struggles. † Amalgamations and acquisition in air hose industry is an emerging development across the universe. But such M & A ; A are highly planned and several of import factors are considered. Such of import factors are: The BA and Iberia treaty will make a bearer of $ 25 billion, for case. This trade makes a batch of sense and will cement the taking places of the large three European web participants. The amalgamation seems to take topographic point when the air hose sector is severely hit by the lessening in figure of riders and lading traffic. Apart of that the amalgamation became the demand of the hr, British air passages reported a 20 % diminution in grosss to 4.1 billion lbs ensuing in an operating loss of 111 million lbs in the six month period stoping at September 2009. Harmonizing to analyst Tony Shepard at the British securities firm house Charles Stanley, the company is likely to describe a 400 million lb loss for its full financial twelvemonth stoping in April 2010. British air pas sages of import North American paths and concern have been difficult hit by the prostration in business-class travel. This could resile back rapidly with economic recovery in America and, provided that cost additions from environmental steps are non excessively burdensome ; the long-haul travel on which BA ‘s profitableness depends should resuscitate in clip. But, like all former national bearers in Europe, it is confronting lay waste toing competition on its short-haul flights from low-priced air hoses. .On the other manus the amalgamation is decidedly in demand by Iberia besides as the air hoses faces adversities because air hose sector in Spain is confronting â€Å" exceptionally hard † conditions amid the economic crisis and competition from high-velocity rail. Iberian air hoses fiscal place is rather weak as the company had plunged into the ruddy in the 2nd one-fourth of 2009, entering a immense net loss of 72.8 million Euros. Afterwards the company declared its 3r d one-fourth consequences where it reported a loss of 16.4 million Euros ( 24.4 milliondollars ) ( hypertext transfer protocol: //www.bangkokpost.com/business/aviation/159895/british-airways-iberia-agree-to-merge ) Due to such utmost losingss and no marks of recovery in the market, the amalgamation was seen as a best strategic move by Iberia. The planned amalgamation with Iberia, the Spanish air hose, looked as if it would be a victorious combination a twelvemonth ago when it was foremost mooted. Today it seems more like a common deliverance operation. Both air hoses ‘ national economic systems are still in the stagnation ; both houses are fighting with costs greater than their grosss. It is besides moderately sanguine about BA ‘s other large job: its tremendous pension shortage. But harmonizing to the amalgamation memoranda signed in November, Iberia can name off the nuptials if BA can non make a satisfactory understanding with the legal guardians of its two pension fin ancess. As on 9th November 2009 there was an official proclamation that both of them ( British air passages and Iberian air hoses ) reached an initial understanding for a amalgamation which is planned to be completed by late 2010.As per the market this amalgamation, which will necessitate the European Commission ‘s seal of blessing, will take to the creative activity of the universe ‘s 3rd biggest air hose. The trade would see the new company being split with Iberia being allocated a 45 % interest and BA the staying 55 % . The new concern would hold 419 aircraft and over 200 finishs. In their last fiscal old ages, their joint grosss are about ˆ15 billion. The air hoses believe there is a compelling strategic principle for the dealing, which is expected to bring forth one-year synergisms of about ˆ400 million, and profit both companies ‘ stockholders, clients and employees. ( hypertext transfer protocol: //news.bbc.co.uk/1/hi/8356780.stm ) The new group will unite the two companies ‘ taking places in the UK and Spain and heighten their strong presence in the international long draw markets, while retaining the single trade names and current operations of each air hose. In July 2008 there was intelligence of brace being in negotiations for an all-share amalgamation. But, because of issues such as the balance of control and the size of BA ‘s pension-fund shortage the treatments were put at a halt. As per the current market scenario rider traffic appears to hold stabilized, and air hoses have been able to convert their work forces that the industry is in crisis, forcing through some labour grants and cut downing capacity. BA is doing â€Å" echt advancement † in take downing costs, says analyst Nick Cunningham of Evolution Securities. As per the British air passages ongoing activities it seems the state of affairs of the company has started bettering after proclamation of the amalgamation, the company h as recapitalized ; following a exchangeable bond offering over the summer last twelvemonth and now has a hard currency balance of 1.5 billion lbs. In add-on the company has seen an addition in long draw flights which is one of the major countries where air hose companies make most of the net income. ( hypertext transfer protocol: //www.smartmoney.com/investing/stocks/market-update-friday-nov-13-2009-20162/ ) Rivals in the market have a really assorted reaction towards the amalgamation of both the air hose. Virgin Atlantic which as per the market position faces the biggest competition from this amalgamation its functionary said in a statement that the amalgamation will â€Å" increase BA ‘s laterality at Heathrow with 44 % of takeoff and set downing slots this winter, † and added its â€Å" impossible for any other air hose to retroflex their graduated table. † Other air hose companies have the position that the trade could really assist them win concern. Michael O'Leary, CEO of price reduction Irish bearer Ryanair, told CNBC that the trade was like â€Å" two rummies keeping each other up on the manner place. All you get when you put two high-fare, loss-making air hoses together is even higher menus and even bigger losingss. Mr. Leary operates a regional bearer and does n't vie on long-haul flights against bearers like BA. Though these statement can be said as guess in one sense as the true consequence of this amalgamation is still to be seen. But as per in a public proclamation by BA main executive Willie Walsh â€Å" The amalgamation will make a strong European air hose good able to vie in the twenty-first century † . The trade would make Europe ‘s 2nd biggest air hose by stock market capitalization, and 3rd biggest by income, with around 60 million riders per twelvemonth, As per market experts. The Times quoted assorted intelligence on different day of the months sing occupation cuts which were probably at bing caput offices in London and Madrid, in care installations and the incorporate gross revenues forces.In reappraisal of intelligence Mr. Walsh will be main executive, and Iberia air hoses president Mr. Antonio Vazquez will be president of the new company to be based in London and listed on the London Stock Exchange. MR.Vazquez hailed the understanding, stating they were â€Å" puting the foundations of what will be one of the most of import air hoses in the universe, a existent planetary air hose. † ( hypertext transfer protocol: //www.smartmoney.com/investing/stocks/market-update-friday-nov-13-2009-20162/ ) It is said that if the amalgamation consequences fruitful and the economic system begins its recovery in 2010 or possibly 2011 so it will be a major encouragement to both of them. One thing can be predicted that If the trade gets successfully executed the clients are traveling to hold a broad assortment of finishs as BA clients would derive entree to up to 59 new finishs, of which 13 will be in Latin America, while Iberia ‘s clients would derive up to 98 new finishs across the BA web. In add-on to it the effects of amalgamation will ensue in combined stock market capitalization of some 4.9 billion Euros ( 4.3 billion lbs, 7.2 billion dollars ) . Different Approaches To Covering With The ProblemHarmonizing to the current state of affairs at that place appears to be merely one job which is doing the trade hard to put to death. British Airways the UK flag-carrier pension shortage was revealed and it was found that the shortage was more than double amounting to 3.7 billion lbs at the terminal of March, which was higher than analysts expected but it is non a bug adequate to be a ground for stoping up of the amalgamation with Spanish air hose Iberia. As told to Reuters by a beginning in Iberia air hoses â€Å" We ‘re non surprised by this figure. It falls within the expected scope, † As it is already implied before, BA ‘s pension shortage is the important country in the dialogue of amalgamation and Iberia has the right to draw of the amalgamation if the payment of this shortage turns to be excessively large. Furthermore, there are opportunities that the shortage figure could originate till the clip the rating procedure is completed in following twelvemonth in June because as per Britain ‘s Pensions Regulator the premise which is used to cipher the shortage are excessively optimistic. I n position of this BA said in a statement â€Å" The regulator ‘s probationary position is that the proficient commissariats may be materially below a degree it feels appropriate, † As per the job the British air passages direction is seeking to calculate out different ways to work out the job. As per in one of the proclamations BA said that the company and the pension legal guardians will work together to develop a recovery program, a procedure through which the company will confer with its employees and their trade brotherhoods and will seek to take out a determination from it by the terminal of June 30, 2010. The scheme which is employed now is to alter the nature of any pension ‘s trade BA can strike with its staff and ciphering the proportion of spread which can be covered by the company. As said by Deutsche Bank â€Å" The Company may be forced to renegociate pension benefits with employees if it is to avoid utilizing more stockholders hard currency, † Academic Studies Supporting The ArticleThe world that merely 20 per cent of the acquisitions really win and the remainder erodes stockholder wealth ( Grubb and Lamb, 2000 ) can extremely conflict with illustrations of successful coup d'etats like Swiss by Lufthansa in 2005.Talking about amalgamations, they create stockholder value with most of it accruing to the attendant company. One of the of import grounds behind unifying a company is that it helps in increasing stockholder ‘s value much above the sum sum of the two companies.( Watson and Head,2007 ) The optimistic impact of amalgamations extends to and involves economic systems of graduated table or synergisms, helps to derive power in the markets by making monopolies, manages bureau costs and manages hazard for undiversified directors( Gregor Anrade, Mark Mitchell, Erik Stafford, 2001 ) . Amalgamations create synergisms, cut down operational costs and enhance market portion. On the other manus it consequences in the generation of bureau jobs as the directors can do amalgamations for their ain benefit. It besides consequences in decentralization of power that reduces duty and answerability. Merger which can be defined as when two ( or perchance more ) concern combine. In other words one can state that ‘merger ‘ is defined as a state of affairs when two companies/firms decide by common understanding to unite the concerns. The term ‘takeover ‘ holds a different significance in comparing to ‘merger ‘ . It means when a larger concern takes over control of a smaller concern and the smaller concern gets immersed by the larger concern. But in today ‘s epoch it is non cleared that whether the concern has been merged or it has been taken over. Harmonizing to the relationship between the concerns being merged, amalgamations and coup d'etats can be divided into three parts and they are:Horizontal amalgamationoccurs when two concerns in the similar industry, and at the Same point in the production procedure decides to unite.Vertical amalgamationoccurs when two concerns in the similar industry, but at different points in the same production procedure decide to unite.Conglomerate amalgamationoccurs when two concerns in unrelated industries decide to unite.As it can be implied from the academic surveies back uping the article the amalgamation between British air passages and Iberia air hoses is Horizontal type of amalgamation as both the companies are from the air hoses sector taking to same production procedure and they have got high presence at international degree. Application of Data to ModelHarmonizing to research, the last few old ages were n't an acceptable period for the air line industry as a consequence of quickly increasing fuel costs and due to economic downswing. Airline amalgamations and acquisitions have clustered and most of the air hose bosses exclaimed â€Å" consolidation is ineluctable † . The outstanding illustrations of amalgamation and acquisition in the industry are Air France – KLM in 2003, Swiss- Lufthansa in 2005, US Airways-America West in 2005 and Delta- Northwest in 2008. The Europeans lead the manner in set uping mega-carriers. By gross Air France-KLM is the universe leader with $ 34 billion, followed by the Lufthansa Group at $ 30 billion. ( The Mating Game.Airline Business, 02687615, Jan2009, Vol. 25, Issue 1 ) . At the same clip, US Airways and America West amalgamation drained their disbursals by over $ 250 million a twelvemonth and created a company better able to endure $ 100-a-barrel oil. USAirwa ys, the state ‘s fifth-largest bearer — earned $ 427 million on gross of $ 11.7 billion. ( A Cautionary Tale for Airline Mergers, Palmeri, Christopher, Business Week ; 3/17/2008 ) Therefore it can be determined that amalgamations and acquisitions had sustained air hose industry during the economic downswing accomplishing important synergisms and economic systems of graduated table. Although the amalgamations and acquisitions prevented air lines from settlement, inauspicious impacts can besides be emphasized. Even US Airways exists bankruptcy ; the expanded company still face the internal battle of consorting two separate air hoses. The chief obstructions are employee dissatisfaction and client ailments ( A Cautionary Tale for Airline Mergers, Palmeri, Christopher, Business Week ; 3/17/2008 ) However the universe ‘s air hoses are organizing themselves into immense confederations. Does this affair? Yes: the hazard is that the air hose industry is traveling from one extreme and it ‘s clip to worry about the competition. What Has Been LearntHarmonizing to our surveies and research it can be seen the air hose industry has been hit by the economic downswing. They struggled with the cost hikes higher than their incomes. Both the air hoses have been faced by the jobs of industrialisation and globalisation, the competition of other air hoses such as low cost air hoses and inveigh services like Euro Star. Most of the air hoses restructured and merged and gave them a competition every bit good. Pension black hole is one of the chief current jobs happening in the British air passages and some of the analysts say that they need more clip to retrieve from the shortage than their estimated clip of 2016. ( in pattern ) Longer clip is required for the closing of the shortage harmonizing to some analysts. But in the state of affairss of hard currency in Rhine wine the company can see doing non-cash parts such as non-monetary inducements alternatively of hard currency. If the company utilizes its assets for pension financess it might stultify the company with the same forces cut downing its cyberspace worth. The faultless size of the shortage is non known by the BA and at the same clip they have released before denoting the recovery program the size of the shortage efficaciously. However, air hose and legal guardians are now working together to develop a recovery program to negociate with employees and trade brotherhoods. Unless and until BA manages come up with a solution to find the pension shortage the amalgamation will stay unsettled. MentionsA Cautionary Tale for Airline Mergers, Palmeri, Christopher, Business Week ; 3/17/2008, Isuue 4075, p066-066, 1p Airline Amalgamations: Ready for Takeoff? By: Bachman, Justin, BusinessWeek Online, 12/22/2006 Corporate Finance ; Principles and Practice ; 4th Edition, Denzil Watson & A ; Antony Head, Pearson Education ECONOMIST, 2009 Fiscal Management for Decision Makers,5TH Edition, Peter Atrill, Pearson Education hypertext transfer protocol: //finance.mapsofworld.com/merger-acquisition/airline.html hypertext transfer protocol: //news.bbc.co.uk/1/hi/8356780.stm hypertext transfer protocol: //grupo.iberia.es/portal/site/grupoiberia/menuitem.84584da99e6d0dada0d4a195d21061ca/ . hypertext transfer protocol: //readingft.blogspot.com/2009/11/ba-and-iberia-blue-sky-marriage.htmlhttp: //www.britishairways.com/travel/about-british-airways/public/en_gb hypertext transfer protocol: //www.bangkokpost.com/business/aviation/159895/british-airways-iberia-agree-to-merge hypertext transfer protocol: //www.smartmoney.com/investing/stocks/market-update-friday-nov-13-2009-20162/ MENAFN, 2009 One universe, few airlines.Economist, 00130613, 09/26/98, Vol. 349, Issue 8087 The Mating Game.Airline Business, 02687615, Jan2009, Vol. 25, Issue 1 V V

Drosophila Melanogaster Research Paper Example

Drosophila Melanogaster Research Paper Example Drosophila Melanogaster Paper Drosophila Melanogaster Paper Drosophila melanomas are most commonly known as fruit flies and are used in many genetic studies for a few simple reasons; they are small and easily handled, they have a short life cycle and they are easy to keep large numbers such as the confined spaces of a laboratory or classroom. 1] Drosophila also have a small umber of chromosomes: three autocross pairs and X/Y chromosomes. This helps to simplify genetic mapping and study. The egg off Drosophila is around half of a millimeter long and will take one day from fertilization for the embryo to develop and hatch into Its larvae form. The larvae go through three stages, or instars, before entering the papal stage. This all takes place In roughly six days. Once the Drosophila has entered Its papal stage, It will undergo changes to transform into the adult form and shed Its papal case. The newly emerged adult will be fertile within twelve hours. Of course, temperature does effect the maturation and life cycle of Drosophila. The stated timing of maturation is for a temperature of ICC: at 1 ICC development can take twice as long. [2] In Drosophila, reproduction occurs rapidly. A single pair of fertile Drosophila can produce hundreds of offspring in just a couple of weeks and these offspring, like their parents, will be ready to mate within a week. Drosophila have three main body segments and three pairs of segmented legs. In its adult form the Drosophila has a rounded head with large, red, compound eyes and three mailer simple eyes; this is characteristic of wild type males and females. The female is slightly larger than the male. Males can be identified easily because they have a greater concentration of black pigmentation at the posterior end of the abdomen and they have sex combs on their forelegs. [4] According to an experiment In 1911 by Frank Eugene Lutz, the sex combs seem to have very little to do with sexual selection. [7] Mutations investigated in the class experiment are as follows: patterns , vestigial, bar-eye, and white eye. Crosses were made between virgin wild type males ND virgin females that had homozygous mutant alleles for each mutation, separately. These results were presented to the class as the Fl generation. The class experiment began by separating each of the mutations and phenotypes the results. The patterns mutation was easy to analyze, due to the apparent conditions of the mutation. Patterns mutations in Drosophila melanomas give rise to aberrant, or missing, wings. Another mutation affecting wing formation was the vestigial mutation. By definition, vestigial describes a loss of function. This is precisely how the ins of a Drosophila Is affected when the vestigial mutation Is presented. The wing becomes shriveled or otherwise deformed, and Is no longer functional. [9] The white- eye mutation Is also very easy to Identify. As the name of the mutation Itself states, these flies have white eyes, and are easily distinguished from their red-eyed counterparts Humanly, ten oar-eye mutation Is one In wanly ten eye appears misshapen. This characteristic can be difficult to distinguish from the wild type. In some cases, the red portion of the eye will appear as a narrow slit, or red bar, thus lending to the name of the mutation itself. In other cases, the eye will appear to be kidney shaped instead of ovular; this can be much more difficult to distinguish from the wild type. The experiment was designed to determine the mode of inheritance for each trait; this is to say whether the trait would be associated with autocross chromosomes or sex chromosomes and if it would be dominant or recessive. Materials and Methods To complete the experiment a population of virgin males and virgin females of each mutation to be tested was obtained. Each mutation being tested would have its own culture tube with a food source at the bottom. The food source can be any umber of things, but for this experiment an instant Drosophila medium was mixed water and a small amount of dry yeast was added. After reproducing, the yeast would serve as a food source. The food source should take up no more than one inch at the bottom of the culture tube. A separate culture tube should be used as a sleep chamber to anesthetize Drosophila before characterizing the phenotypes. 4] For each mutation investigated, a culture tube was prepared by the instructor and the flies in these containers served as the Fl generation, the result of parental crossing of wild type males and mutant females. The first step was to anesthetize the Drosophila so they could be counted and sorted by phenotype. Drosophila can easily be anesthetized and manipulated with unsophisticated equipment. In the case of this particular experiment the substance provided to anesthetize the Drosophila with was called Flyway. Flyway consists of a mixture of: 50% Trampoline, 25% Ethanol, and 25% Fragrances. 6] The flies were transferred from the food chamber to the sleep chamber. Once in the sleep chamber, a foam stopper was placed in the tube and a swab dipped in Flyway was inserted into the container. After roughly 60-90 seconds, the flies were fully anesthetized. Once anesthetized, the flies were carefully poured onto a white index card and divided into four categories: male (0*) wild type, male (0*) mutant, female (4) wild type, and female (4) mutant. A soft, fine- tipped paint brush was used to separate the flies into the appropriate categories to avoid any damage to the specimen. As stated previously, males can be distinguished from females because of a few different characteristics: females are slightly larger than males, having seven bands on the posterior end of their abdomens and males eave a dark pigment concentration on their posterior end; males can also be identified by sex-combs on their forelegs. After separating, five males and ten females were placed into new culture tubes, containing a food source. The selection of males and females, as instructed, included both wild type and mutants (if any were present). This was repeated for each mutation and the tubes were labeled and stored for two weeks. At the end of the two week period, it was discovered that the IF generation had not emerged from the papal casing, probably due to a low room temperature. A count of flies present in each culture tube was obtained by beating the aforementioned method of anesthesia and it was concluded that the adult Drosophila present were from the parent [Fl] generation. At this point, the culture tunes contacting ten true IF generation were stores once again Tort a week. The adults had emerged at the end of the final week and were anesthetized, separated, and counted- all through the same procedure as the Fl generation. Results Phenotypes found in theoretical crosses, made between wild type male and homozygous mutant female, for mode of inheritance are as follows: Autocross recessive traits are presented as 100% wild type in the Fl generation and as 75% wild hype and 25% mutant characteristics in the IF generation. Autocross dominant traits appear as 100% mutant characteristics in the Fl generation and as 25% wild type and 75% mutant characteristics in the IF generation. Sex-linked traits are divided between males and females. For sex-linked recessive traits, 100% of females show wild-type characteristics and 100% of males show mutant characteristics in the Fl generation. In the IF generation, 50% of females appear to be wild type and the other 50% are mutants. Males in the IF generation have the same break down. Sex-linked dominant traits are different from their recessive counterparts. In the Fl generation 100% of both sexes show mutant characteristics. 100% of females in the IF generation display mutant characteristics, while 50% of males show wild type and the other 50% show mutant characteristics. Pick] Conclusion The completed experiment leads me to conclude that the patterns and vestigial mutations are autocross recessive traits, the bar-eye mutation is a sex-linked dominant trait, and the white eye mutation is a sex linked recessive trait. After comparing the theoretical cross for autocross recessive traits to the actual results of the crosse s for the patterns mutation and the vestigial mutation, it is easy to see a relation. As expected of a recessive trait, the Fl generation did not show a significant number of mutations, because recessive traits are masked by dominant traits. Though not exact, the phenotype percentages produced from each experimental cross were similar to those produced in the theoretical cross for autocross recessive traits.. There seemed to be a few complications that skewed the results for both the bar-eye and the white eye mutations. From personal experience with difficulty, I believe this could be due to a number of factors. First, consider the bar-eye mutation; the bar-eye mutation presents itself in two ways, as a arrow red slit in the eye when its presence is homozygous and as a red kidney shape when heterozygous for the gene. This is to say that males will always be either wild type or have the extreme version of the bar-eye mutation: the narrow, red slit. Females, on the other hand can present any of three characteristics associated with this mutation. They may appear as wild type or with the extreme version of the mutation Just as the males, but they may also appear to have kidney-shaped eyes. [8] This is, I believe, one main reason the bar-eye results did not line up with any of the theoretical crosses. Another reason for discrepancy may apply to both the bar-eye mutation and the white eye mutation. Being that these are both sex-linked traits, it is Important to properly separate ten sexes when categorizing ten phenotypes. Since our class has had little experience working with Drosophila, it is safe to assume that mistakes were made. Even though the comparison between theoretical results and actual experimental results do not line up for either the bar-eye or white eye mutation I have deduced them to be sex linked because of the way they are presented differently in males and females. The bar-eye mutation was key in making his conclusion, since the differences between the sexes is obvious.