Wednesday, November 27, 2019

L 18 - Presentation Skills (1) Essays - Attitude Change, Free Essays

L 18 - Presentation Skills (1) Essays - Attitude Change, Free Essays L 18 - Presentation Skills (1) In academic culture, you need to express your views clearly on different issues relating to your subject area. These views are often based on a critical reading and evaluation of written texts. It is also important that you develop the language skills that will enable you to express your ideas most effectively. Preparing and planning a presentation There are a number of different situations in which you will need to communicate orally in English in your academic courses. The main situations are presentations, seminars and discussions. In some cases, you will give a short presentation about a topic in order to lead into a discussion. In other cases, you will present information or a summary of a text. In future situations, you may be giving a presentation based on your own work or research. Below is a list of suggestions you may find helpful. Stage 1: Find out what you need to do Make sure you know exactly what the topic is or, if you are choosing your own topic, what is expected of you. Check how long you have for the presentation. Think about your audience. How much are they likely to know about the topic? How much will you need to explain? If the presentation is being assessed, make sure you know what the criteria are. 491241730416500 Stage 2: Brainstorm ideas Task 1 - Arrange the following sentences in the correct order. ________ ________ ________ ________ Explain your ideas to a friend - this will help you to clarify them. Look at your list of ideas - what connections can you see between them? Are there particular ideas you could develop that would be of interest to your audience? Decide which ideas to use. Can each one be summarized in one sentence? If not, perhaps your ideas are not dear and specific enough. Make a list of anything you can think of related to your topic; you will not use all of these ideas, but will choose from them later. Stage 3: Do any necessary research Determine if there are any ideas about which you need to get more information. Gather any evidence you need to support your ideas, e.g., statistics. Think about how much information you can realistically convey to your audience. Keep your audience in mind, especially in relation to their level of relevant expertise. Stage 4: Organize your ideas Decide which point you should begin with. Think about how you can link one idea to the next. Do not include too much information - you want your audience to understand your key points clearly. Decide how you will begin and end your presentation. In the introduction you want to get the attention of the audience. The conclusion is the last part of your presentation, and probably what the audience will most remember. Prepare your PowerPoint slides or other visual aids. Remember: less is more '. Think of the key words you will use and check your pronunciation - there is nothing worse than listening to a presentation in which the presenter pronounces the title of the presentation incorrectly! Task 2 You are going to watch a youtube video entitled " What is a good academic presentation? " by ELC, PolyU . https://www.youtube.com/watch?v=Ze3IiHsHuIA Take notes while you are watching and then complete the following blanks. Academic presentations What is the main difference between academic and secondary school presentations? Academic presentations include r_______________, which means you need to cite r_______________. Academic Style In academic style, you need to show authority and to establish that what you are talking about is r_______________, c_______________ and v_______________. Reference List You should choose references that are r_______________ and that also s_______________ your arguments p_______________. What are the two ways to cite your references? provide the reference in the s_______________ cite it o_______________ / v_______________, e.g. as John Chan points out in his article in 2010 Structure A good structure enables the a_______________ to follow the c_______________ very c_______________. Make sure each section of your presentation is o_______________ properly. What is Signposting? it is the outline at the beginning. it gives direction to where the presentation is leading. it is the use of citations.

Saturday, November 23, 2019

Cost Management in Air Asia Essays

Cost Management in Air Asia Essays Cost Management in Air Asia Essay Cost Management in Air Asia Essay 1. 0INTRODUCTION Background, History and the Business Concept AirAsia is a brand of airlines operated by AirAsia Berhad. A Malaysian based low-fare company. AirAsia established in 1993 and start the operations on 18 November 1996 (Wikipedia, 2011) Inspired by the success of Ryanair and EasyJet as low cost carrier, Toni Fernandes saw the potential of having the same concept in Asia. Air Asia executed the cost leadership strategy with introduced ticketless travelling, one type cabin, free seating, and online booking trough internet that able slash the price into 40% 60% cheaper than regular airlines (Declanegan, 2012) Now Everyone Can Fly† described AirAsia’s value. Operational effectiveness and cost advantages created efficiency go directly to end user. Customer enjoy more surplus with price falls, and encourage more air travel among Malaysians (Khoo et all, 2005) The study purpose is to analyse how AirAsia and its strategic cost management able to operate a business in low cost yet generate a profit, and able to sustain as one of the business leader in South East Asia. 2. 0LITERATURE REVIEW 2. 1What is Strategic Cost Management Cost management is a process where entities have control, monitor and manage their own cost and expenses. It covers the whole budget of the business, inflow and outflow of cash and transactions in every certain of period. This is for the entity to keep track of their business transaction, and also to estimate budgets for the future. While strategic cost management is the overall recognition of the cost relationships among the activities in the value chain, and the process of managing those cost relationships to a firm’s advantage and also known as Cost Management Theory1. 2. 2The importance of strategic cost management to the company Strategic Cost Management is one of the key business strategic planning. Dr Kalyani Srinivas C defined strategic cost management as a tool for competitive advantage and value creation that does not focus on traditional cost reduction, which entails unnecessary cost elimination. Meaney K, 2011 mentioned that cost management has purpose to ensure adequate supply of funds from the right source at the right cost, at the right time to the firm to meet its funding needs. At this point each company want to improve the profit as maximum without losing the business principle. Strategic management can be considered as one of the strategic management technique for the company to succeed in their business. 2. 3Key success factor to have good cost management in a company To have a good cost management, a company need to set a proper goal, long and short term planning. Clear target and align accountability to the target (Delloitte, 2010). Create a guide of principle was one of the critical factors of strategic cost-management-framework for the firm of foundation to achieve an effective cost management. 3. 0STRATEGIC COST MANAGEMENT FOR AIR ASIA 3. The background of Strategic Management for Air Asia (related to the concept of the business Chan, D (2000) mentioned since 1970, Asian air travel competition has been intense. The intensity has increase very significant with economic growth in Japan, China and South East Asia. When the competition in the airlines industry become hard, complex, and uneven, AirAsia need to think strategically to win the market yet able to generate profit for shareholder. With â€Å"Now Everybody Can Fly† as its tag line, AirAsia try hard to make the ticket price as low as possible to make the cost of flight affordable to lmost everybody. AirAsia also expand the fly route to most of point where Malaysia Airlines (MAS) refuse to fly. The concept of Low Cost Carrier (LCC) is based on the idea that people would fly a lot more often if they get an affordable fare. LCC make air travel the most simple, convenient and inexpensive form of transportation so that they can move maximum number of passenger at the minimum cost (DodDid, 2012) 3. 2How Air Asia Manage their cost Air Asia has several main strategies to keep the price low while price of fuel and goods keep increased. According to the official website, Air Asia managed to cut more cost in operation where regular airlines unable to do, such as : High Aircraft Utilization Air Asia only need 25 minutes to disembark and embarked passenger, include load and unload the luggage, compare to full-services-aircraft (FSC) which need minimum one hour. The minimize time spent on the ground, make Air Asia able to fly almost 12 block hours to maximise the operations. No Frills Air Asia based on the basic concept of transportation : carry passenger from point A to point B safely. Every other services like food, alcoholic beverage, and comfort kit are considered luxury and out of the main concept. Streamline Operations Air Asia make the operation as simple as possible. They only use single type of aircraft to make services persons (flight attendants, mechanic, pilot and services crews) only need to learn one type of aircraft. Compare with another airlines which has several type or aircraft, the company has to created one training department where and several maintenance and mechanic specialist according the aircraft type. Air Asia able to delete those department in the company which save a lot of cost. Basic Amenities Air Asia fly from Low Cost Carrier Terminal (LCCT) with very basic building and facilities. No special boarding gate like FSC which landed and picked up passenger from KLIA. In other country, Air Asia always landed at less busy Airport (Secondary Airport) such as Clark (Manila, Philipine instead of Ninoy Aquino) and Standstead (London, UK instead of Heathrow) to reduce tax airport for passenger. Point to point network Air Asia operate on short-haul most of the time, also do not make arrangement with another airlines or provide connecting flight to keep the operation simple and low cost. Air Asia believed with keep the operation system simple and based on basic concept of transportation would keep the cost and ticket price low enough yet still generate profit to keep the investor stay. Fig 1. Revenue per ASK, Cost per ASK and Cost per ASK exclude fuel From the fig. 1 we could see averagely for five years Available Seat Kilometre (ASK) cost without fuel is USD 0. 016 (1. cents) per kilometre seat, which is very low compared with MAS (USD 0. 07 ~ 7 cents) or Cathay Pacific (USD 0. 10 ~ 10 cents) (fig 2) while Operating cost included the fuel charges averagely USD 0. 0328 (3. 28 cents) every seat, every kilometres operated. Average from 5 years data, Air Asia operating cost around 80% from the total revenue, except in 2009 where operating cost reach 112% ( fig 3) which make the company suffer 17% loss or equal with RM -496 Million as the result of company unwinding the remaining fuel hedges and interest rates loan which taking a lot of charges. Fuel hedges had been main strategies of a big company which use large amount of oil and gas to operate their business such as manufactured and transportation. Fuel Hedges mean Air Asia has special contract with several oil and gas company to give a fix price of fuel for several period without follow any fuel fluctuation and politic situation. With Hedging the fuel, Air Asia able to press the fuel surcharge only 17% from average fuel surcharge (Unknown, 2011) theborneopost. com/2011/05/27/airasia-reduces-risk-through-fuel-hed ging/ With opening in several international destination such as Singapore, Bangladesh and India, Air Asia able to came up with clean sheet for the following years. Air Asia able to generate net profit 16% from the total revenue without change the ticket price. Average for five years, Air Asia able to generate 30% of net profit. (Karp, 2009) routesonline. com/news/24/atw/13066/airasia-suffers-128-million-2008-loss/ Profit margin is the way to compare in the net profit ratio in different entities to check the effectiveness each expenditures to generate profit. For the same line of industries, profit margin is important to compare with competitor to overtake them via pricing wars which always become a main success factor of Air Asia to gain more customers. According to Center for Aviation 2011 (CAPA) net profit margin from 2001 to forecast 2012 average are 4% from the net revenue. (CAPA, 2011) centreforaviation. com/analysis/iata-upgrades-2011-airline-industry-profit-forecast-but-warns-of-weaker-2012-59153 Air Asia in five fiscal years able to gain operates profit margin averagely 16% and nett profit margin average 19% from the net sales. It shows that on aviation industries, Air Asia consider as efficient compared with other low cost airlines company Cebu Pacific 9%, Nok Airways 6%, Tiger Airways 14% , MAS 5%, Singapore Airlines 3%, Thai Airways 9%. (CAPA, 2012) centreforaviation. com/analysis/mas-should-reconsider-lcc-strategy-as-losses-continue-while-airasia-reports-more-leading-profits-74652 Return on Shareholder Equity or ROE measures a corporations profitability by revealing how much profit a company generates with the money shareholders have invested . 4. 0RECOMMENDATIONS Compared with other aviation industries, Air Asia has big success to press the cost to keep try flight fare as low as possible. However the low fare price still able to generate profit with accumulation of sales volume and the effectiveness of aircraft operation which make the company still very attractive to investor and shareholder. 5. 0REFERENCES Chan, D. 2000. â€Å"Airwars in Asia: Competitive and Collaborative Strategic and Tactics in Action. â€Å"Emerald Management and Development, 19:473-488. Declanegan, 2012. AirAsia. http://declanegan. blogspot. com/2012/01/few-people-said-they-enjoyed-my-post-on. html Doddid, 2012. Business Model Low Cost Carrier Air Asia. http://doddid. com /2012/04/business-model-low-cost-carrier-air-asia/ Khoo, C. Hofman, S. Tjitrarahardja, C. Narayaswamy, R. 2005. Air Asia Strategic IT Initiative. University of Melbourne. Meaney, K. 2011, Importance of Cost Management for Business Success. On Website http://ezinearticles. com/? Importance-of-Cost-Management-for-Business-Success=5692129 ventureline. com/accounting-glossary/S/strategic-cost-management-definition/ deloitte. com/assets/Dcom-Ireland/Local%20Assets/Documents/ie_Consulting_ChangingYourTune. pdf

Thursday, November 21, 2019

Bentonite Processing Assignment Example | Topics and Well Written Essays - 2250 words

Bentonite Processing - Assignment Example Drying operation reduces the moisture content in bentonite rock to the required percentage. Different driers can be used in the moisture reduction. Drying effectively vaporizes the liquid level contain in the rocks. The vaporization is achieved through heat supply to the wet bentonite rock feedstock. The heat from the burner is supplied either through convention, radiation or conduction. The convection method is applied when direct driers are used while conduction method is applied when contact or indirect dryers are used. Most of the driers use hot air as the drying medium. This moisture removal process is an energy-intensive operation since the amount of latent heat of vaporization required is depended on the intensity of the heating (Gillson & Bances,   87).Drying curve  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   A representation curve is required so as to describe the various drying properties for different product at different specific temperature, pressure and velocit y conditions. The drying curve for bentonite rock has three different phases. These phases are useful in the energy saving process and are independent. The products are passed through these phases in shifts. After passing from one phase, the product is moved to the next phase.First phase  Ã‚  This phase is also called initial period. In this phase, there is transfer of heat from the dryer to the products and the contained moisture. Inlet condition from the dryer heats up the products and this condition further enable subsequent processes to occur. This phase can be substituted by pre-processing. Pre-processing is achieved through preheating the bentonite rock with energy from the waste material. The amount of energy from the waste material would be able to cause dislodgement of moisture contents from the bentonite surface. Second phase This phase is also called constant rate period. In this phase, free moisture attaches themselves on the surfaces. Alteration of the rate of evaporation reduces the moisture content. In this period, high drying rates are achieved through increase in the temperature of the inlet air. This phase accords the product with very little temperature increase. However, this little temperature increase is enough to cause some kinetic energy rise within the rock particles. Third phase This phase is also known as the falling rate period. Intrinsically attached moisture evaporates from the product. The product drying rate is limited by the outer surface. The outer surface provides a barrier that prevents successive evaporation rate. The evaporated moisture would be accumulated within the dryer. Moisture content The drying process employed is control by the moisture content of the bentonite rock. The dryer in this case is required to reduce the moisture content from 11% to 4%. The exact moisture content required is measured by the electrical resistance meter. However, this meter is limited to moisture content in grains, woods, food and