The Official Instructions to Start a Super PAC

The Official Instructions to Start a Super PAC So you want to start a super PAC. Maybe youre worried that your vote doesnt really matter. Maybe youre tired of other super PACs raising and spending unlimited amounts of cash from corporations and unions to sway elections and youre asking yourself If you cant beat em, why not join em? Not a problem. Thanks to the U.S. Supreme Court and Citizens United, anyone can start a super PAC. And the best part: It doesnt cost a dime. Never mind the Steven Colbert super PACs Super Fun Pack, which hilariously offers prospective activists, All you need is a burning desire for civic engagement and $99. Heres how to start a super PAC. For free. Just by signing your John Hancock on a couple pieces of paper. Step 1: Pick a Cause or Candidate First things first. Your super PAC doesnt have to target a politician, though it certainly can. Restore Our Future Inc., for example, is the pro-Mitt Romney super PAC that spent considerable sums of cash in Election 2012 going after the former Massachusetts governors Republican opponents, including Rick Santorum. Your super PAC can raise awareness about a particular cause or issue such as hydraulic fracking, abortion, or taxes. Yours can be a liberal super PAC or a conservative super PAC. Got a burning desire for civic engagement, as Colbert would put it, on a particular topic? Go for it. Step 2: Pick a Clever Name for Your Super PAC Youll want to name your super PAC something catchy. Something people will be able to easily remember when they break out their checkbooks. Already taken are Joe Six PAC, a super PAC that proclaims it is for the average Joe; the Sick and Tired of Washington super PAC, whose goals seem pretty obvious; and DogPAC, a super PAC representing Dogs Against Romney. Step 3: Other Essentials for Starting Your Own Super PAC All you need to create and run your official super PAC now are a bank account, a charming personality to raise all that money from corporations and unions, and a friend to serve as treasurer to keep track of your super PACs fundraising and spending. Pick someone who is trustworthy and responsible. Theyll need to file spending reports with the government. Step 4: File the Paperwork To officially launch your super PAC you will need to file whats called a Statement of Organization, or Form 1, with the Federal Election Commission. Check box 5(f) under Type of Committee. Also, write a short cover letter to the Federal Election Commission. Youll want to be sure you make it clear your new committee will be functioning as a super PAC. You can do that by including the following paragraph verbatim: This committee intends to make unlimited independent expenditures, and consistent with the U.S. Court of Appeals for the District of Columbia Circuit decision in SpeechNow v. FEC, it therefore intends to raise funds in unlimited amounts. This committee will not use those funds to make contributions, whether direct, in-kind, or via coordinated communications, to federal candidates or committees. Make sure to include your Statement of Organization your name, address, contact information, and the name of your super PAC and its treasurer. Mail your form to: Federal Election Commission 999 E. St., NW Washington, D.C. 20463 Step 5: What To Do With Your Super PAC As the proud new owner of a super PAC, you are permitted to raise unlimited amounts of money from people including your friends, neighbors, and families. But you can also solicit money from political action committees, corporations, and labor organizations. You can turn around and use all that money to produce and air TV commercials or take out a massive billboard along a busy highway to roundly criticizes a politician you dont like. Have fun and be creative! A Note of Caution: What You Cant Do With Your Super PAC This is pretty simple. You are not allowed to use all that money youve raised from corporations and unions to make direct contributions to candidates or their political action committees. You also cant take out TV ads or billboards in coordination with any of those candidates or their PACs. This is a fairly gray area, so play it safe and steer clear of planning your attacks with any candidate or elected official.

How to Make a Red Cabbage pH Indicator

How to Make a Red Cabbage pH Indicator Make your own pH indicator solution! Red cabbage juice contains a natural pH indicator that changes colors according to the acidity of the solution. Red cabbage juice indicators are easy to make, exhibit a wide range of colors, and can be used to make your own pH paper strips. Introduction to the Cabbage pH Indicator Red cabbage contains a pigment molecule called flavin (an anthocyanin). This water-soluble pigment is also found in apple skin, plums, poppies, cornflowers, and grapes. Very acidic solutions will turn anthocyanin a red color. Neutral solutions result in a purplish color. Basic solutions appear in greenish-yellow. Therefore, it is possible to determine the pH of a solution based on the color it turns the anthocyanin pigments in red cabbage juice. The color of the juice changes in response to changes in its hydrogen ion concentration. pH is the -log[H]. Acids will donate hydrogen ions in an aqueous solution and have a low pH (pH 7). Materials You Will Need Red cabbageBlender or knifeBoiling waterFilter paper (coffee filters work well)One large glass beaker or another glass containerSix 250 mL beakers or other small glass containersHousehold ammonia (NH3)Baking soda (sodium bicarbonate, NaHCO3)Washing soda (sodium carbonate, Na2CO3)Lemon juice (citric acid, C6H8O7)Vinegar (acetic acid, CH3COOH)Cream of tartar (Potassium bitartrate, KHC4H4O6)Antacids (calcium carbonate, calcium hydroxide, magnesium hydroxide)Seltzer water (carbonic acid, H2CO3)Muriatic acid or masonrys cleaner (hydrochloric acid, HCl)Lye (potassium hydroxide, KOH or sodium hydroxide, NaOH) Procedure Chop the cabbage into small pieces until you have about 2 cups of chopped cabbage. Place the cabbage in a large beaker or other glass container and add boiling water to cover the cabbage. Allow at least ten minutes for the color to leach out of the cabbage.Alternatively, you can place about 2 cups of cabbage in a blender, cover it with boiling water, and blend it.Filter out the plant material to obtain a red-purple-bluish colored liquid. This liquid is at about pH 7. The exact color you get depends on the pH of the water.Pour about 50 - 100 mL of your red cabbage indicator into each 250 mL beaker.Add various household solutions to your indicator until a color change is obtained. Use separate containers for each household solution - you dont want to mix chemicals that dont go well together! Red Cabbage pH Indicator Colors pH 2 4 6 8 10 12 Color Red Purple Violet Blue Blue-Green Greenish Yellow Tips and Safety This demo uses acids and bases, so please make certain to use safety goggles and gloves, particularly when handling strong acids (HCl) and strong bases (NaOH or KOH).Chemicals used in this demo may be safely washed down the drain with water.A neutralization experiment could be performed using cabbage juice indicator. First, add an acidic solution such as vinegar or lemon juice until a reddish color is obtained. Then add baking soda or antacids to return the pH towards a neutral 7.You can make your own pH paper strips using red cabbage indicator. Take filter paper (or coffee filter) and soak it in a concentrated red cabbage juice solution. After a few hours, remove the paper and allow it to dry (hang it by a clothespin or string). Cut the filter into strips and use them to test the pH of various solutions. To test a sample, place a drop of liquid on the test strip. Dont dip the strip in the liquid or else youll get cabbage juice in it. An example of a basic solution is laundry soap. E xamples of common acids include lemon juice and vinegar.

Ancient chinese civilization Essay Example | Topics and Well Written Essays - 1500 words - 1

Ancient chinese civilization - Essay Example From the novel The Three Kingdoms, we see that the Chinese society around that period greatly valued loyalty as a strong virtue that bounded together two or more people who had the same ambitions and mission. Loyalty was so important during this age such that there were vows which were cited either in secrecy or at a very serene place. The first instance when loyalty was displayed was when the three brothers came together in fraternity to bind themselves in a code of honor that greatly guided their future actions and also kept them strong even when they were on the brink of dying. The oath was a very important symbol of unity and loyalty to one another as their words suggested i.e. â€Å"we three Lui Pei, Kuan Yu and Chang Fei, though of separate birth, now bind ourselves in brotherhood, combining our strength and purpose to relive the present crisis (Lo Kuan-Chung & Moss Roberts, page 9)†. Loyalty was basically what the leadership in China was based on. Every leader throughout the novel, the three kingdoms, demanded that of all their subjects as there was always an imminent attack on them by those who were dissatisfied by the leadership. We see those loyal to the throne being treated well and showered with gifts so that they continue being loyal and expose those they suspected of disloyalty. Disloyalty was a serious offence not tolerable in the Chinese society during this period and any slight sign of disloyalty normally led to nothing less than execution. This punishment as if not severe enough, would be followed by the execution of the ‘traitor’s’ whole house hold. There are many cases where this was evident, for instance in the case where Ts’ao Ts’ao realized of the plot to kill him, he first apprehended Ping and tortured him for days. Thereafter he went on to arrest the other six conspirators, including Tung Cheng. They were all executed together with their household (women and children alike) bringing the

Gustave Mahler Essay Example | Topics and Well Written Essays - 1250 words

Gustave Mahler - Essay Example This research will begin with the statement that Gustav Mahler was a romantic Australian composer born in eastern Bohemia; on July 7, 1860.   He came from a humble background.   Mahler’s grandmother was a street peddler. The composer’s family was part of a Germany-speaking minority among the Bohemians. The present research has identified that in 1860, Mahler’s family moved to a town called Iglau. Mahler’s father became a prominent businessperson in the new town. Mahler was introduced into music through â€Å"street songs, dance tunes, folk melodies and the trumpet calls and marches† of the local military band. As young as four years old, Mahler discovered his grandparent’s piano which he adopted immediately. He developed skills immediately and gave his first public performance when he was ten years old. Academically the teachers said he was slow, and most of the time absent-minded. Even after being transferred, he made no improvement lead ing to his return to the town of Iglau. He suffered the loss of his younger brother Ernst in 1874, who passed on after a long illness. He sought music to express his feelings. Josef Steiner was the friend that assisted him to work on an opera. Mahler’s father was supportive of his son’s music ambitions and talent, thus he agreed to take him to Vienna conservatory where he auditioned and was admitted in 1875-1876. He was a good pianist and he won a number of awards in his first two years.... During the summer of 1880, Mahler took his first professional directing job in a small wooden theatre in the spa town of bad hall, south of Linz. Mahler was reluctant on taking the job, but he was advised that he would work his way up by beginning in small jobs. In 1881, he was involved at the â€Å"landestheater† in Laibach, whereby the small but inventive company was ready to attempt work that is more promising (Spencer 12). Through the company, Mahler was able to conduct his first full-scale opera. After completion of his six-month appointment, Mahler moved back to Vienna and was employed as a part-time chorus master at Vienna Carltheater. In 1883, Mahler became a conductor at a run down theatre in olmutz. Later he composed â€Å"from the moment I crossed the threshold of the olmutz theatre I felt like one awaiting the wrath of God† (Moricz 360). At the beginning, he had poor relations with the orchestra, despite the poor associations, he brought five new operas to t he theatre that included Bizet’s Carmen and was received well with the press people who were previously hostile. He became the theatre â€Å"musical and choral director† from august of 1883. Mahler struggled to work in different places until his breakthrough in 1888 (Whitall 90). He became famous, and a great composer at the time, in November of 1901 he met Alma Schindler . They got married the following year, and they had two daughters Maria born in 1902 and Anna born in 1904. Although their marriage was faced with a lot of criticisms, they made it work. In 1907, they were faced with a tragedy after they returned from Maiernigg. Both daughters fell sick after their return with â€Å"scarlet fever and diphtheria† (Whitall 91). Anna

El Presidente Essay Example for Free

El Presidente Essay El Presidente was a film which portrays the happenings from the past when colonization of other country started while Emilio Aguinaldo was the president.  After watching the film, though we watched it bit by bit because of limited time, I can say it was still worth it, because it at least showed to us the events in the past with the creativity of the people behind it. The film was good. I enjoyed watching it, though in some parts of it were kind of confusing to me maybe because I don’t have enough knowledge of history. There are parts when Andres Bonifacio had been a traitor and had been punished to death because of him being a traitor, this confused me. Way back years ago, when I was in elementary and high school years, I can still remember that A. Bonifacio was one of the people I salute in the Philippine History, for being the Father of Katipunan and founder of it. But when I saw that film, I’m confused with what to think of him because of what he acted when someone kind of insult him for not having a higher level of education. He loses his patience and that led to his betrayal to the katipunan. I think if I was in his position, I wouldn’t do what he did, I would prove them wrong about what they think an uneducated or someone who has lower level of learning unworthy to lead, with that he should have proved himself worthy instead of being eaten by his anger. Also, there’s another thing of the film which I’m confused, its Emilio Aguinaldo. It seemed like E. Aguinaldo was a type of person who do not have any flaws in the film. Overall the film was worth watching. It gave me goose bumps in some part of it because of its intensity, and that hurt feeling seeing how our ancestors fight for our freedom that we’re having now because of their bravery even though they had risked their lives for it.

Identity and Culture Essay -- Cultural Identity Essays

When we think about our identity we often think about the way we look. Such features as hair color, eye color, skin tone, height and weight come to mind. Whilst these features are part of our identity, there are many more complex factors that make us who we are. Whilst psychological issues are paramount to the formation of our identity, I will be addressing the nature of our identity in relation to socio-cultural factors (Austin, 2002, p.9). During the course of this essay I will be discussing the term of Identity and some of the axes of identity, including Race, Class and Gender. It is important to understand some of the significant issues of identity so that we have more of an understanding of who and what we are, which in turn may help us to begin to better understand others. Identity The New English Dictionary (1999) defines identity as "the distinguishing characteristics of a person." Our identity makes us who and what we are. It could be described as a sense of belonging and about having things in common with others (Weeks, 1990, cited in Austin, 2002, p.1). "Identity is a dynamic feature of social life. That is, it is something that is constantly evolving and changing. For some people, identity can change rapidly and dramatically, of course, but for most of us our identities evolve slowly and imperceptibly" (Livesey, n.d., p.1). There are many factors to consider in understanding the process of identity formation. Structuralists believe that we are the product of our society. Therefore there are many environmental and social factors that go into the formation of an identity. For example children that grow up in the bush will have different influences in their lives to children that grow up in the cit... ...d.). "A" Level Sociology, Teaching Notes for Students. Culture and Identity, 6. Sources of Identity. World Wide Web: http://freespace.virgin.net/chris.livesey/cculture.htm [2002, July, 24]. MÃ ¡rquez, C (1999). Empowering Chicanos Through Self-identity. Faculty Mentor: Olga Vasquez, Ph.D., Department of Communication. World Wide Web: http://www.communication.ucsd.edu/LCM/ectsi.html [30 July, 2002]. Weeks, J. (1990). The value of difference. In J. Austin (Ed.), Culture & Identity (pp.1-3). NSW: Pearson Education Australia. Woolfolk, A.E. (1998). Educational Psychology. Seventh Edition. Boston: Allyn & Bacon. McDonald, Kevin (2000). Pressing Questions: explorations in sociology. Issue two. Pearson Education Australia Pty Ltd.

Leadership and Teamwork

I used to be a varsity player in high school and as in every group or team, we have our set of arguments as well. One time, two of my team mates were arguing about â€Å"being too irresponsible of not passing the ball to the other† versus â€Å"not passing the ball because the other one usually loses the ball in passing†, consequently leading to countless turnovers, as well as, losing the opportunity to make points of course. Our game was already about to start but still they were still arguing over our previous games and the mistakes that we committed. Nobody would just give in, so I took the opportunity to lead them to a good, nice, and smooth conversation. I assisted them in communicating well instead of scolding them both. I told them they should be achievement-oriented and focus on our current game instead of going over the past time and again. I also portrayed a very good example when the situation was incontrollable and one is most likely to get mad. They saw this and realized they should not have done what they did. These two people are extremely good players if only their emotions will not affect them. We won that day simply because their arguments were settled soon enough because of the influence of a very good leader. We also won because there was ‘teamwork’. Personal Sense of Leadership and Teamwork I have a â€Å"sense of teamwork†, of course. This is where roles are established, meaning functions, authority, accountability, and priorities are extremely considered and focused on making it easy to attain goals effectively (Teamwork, n.d.). No doubt, I have a â€Å"sense of leadership† as well. I strongly believe that a leader should be exceedingly good in communication (Clark, 1997). A classic example of a leader who happens to be extraordinary and brilliant in terms of communication is someone: 1) who speaks to people as they are; 2) who shows originality instead of emulating someone else’s style; 3) who presents himself as his/her own person; and 4) who does his/her best to understand what others say, meaning, he/she who also try to walk in someone else’s shoes, instead of merely listening to how people articulate things (Clark, 1997). Yet another example is this: A leader will listen and try to understand an employee’s explanation as to why he/she was absent, instead of just merely listening but will not try to be considerate and punish the employee immediately after (Clark, 1997). Allow me to reiterate that, â€Å"Communication is one of the most needed characteristic if one is to become a leader† (Clark, 1997). For instance, † If you exhibit rudeness to your members/subordinates, for sure, you will never have the credibility that you ought to have to be respected and if you do not know how to communicate properly, you will never be able to attain being a leader† (Clark, 1997). This is why when I lead I articulate myself properly and never in a rude manner (Clark, 1997). I also believe that a leader should consistently guide the team members (Clark, 1997). For example, I should guide the members to become achievement-oriented as well (Clark, 1997). It may be carried out through the following: 1) I should set challenges for followers to pursue; 2) I should show confidence in the   members’ ability to meet their expectation and perform at their highest level; 3) I should guide a member who suffers from a lack of job challenge; 4) I should provide followers an idea as to what are expected of them and how to perform their tasks especially if the member of the team asked for it; 5) I should be approachable and accommodating enough to enhance the confidence of members etc; as well as 6) I should incorporate the member’s suggestions, if any, into the final decision (Clark, 1997). I keep myself aware of the importance of having the heart to be open to my followers (Clark, 1997). In addition to the aforementioned, I also believe that I should inspire trust instead of being dependent on â€Å"control† (Clark, 1997). I should know that â€Å"a group leader, for instance, should not always direct his or her member on what to do, he or she should have full confidence on the members and will just get back to them when they are ready with the results instead of supervising members from time to time and nagging them on what is morally wrong or right or even what systematic process to choose etc† (Clark, 1997).Trust, is a very important characteristic of a leader, this way the members of the team will be more inspired to work as a group since their leader has full confidence on them (Clark, 1997). References Clark, D. (1997). Leadership. Retrieved October 5, 2007 from http://www.nwlink.com/~donclark/leader/leadchr.html Teamwork. (n.d.) Retrieved October 5, 2007   

Public Administration and Theories Essay

In the United States of America President Woodrow Wilson is considered to be the father of public administration. He was the first president to hire social scientists in government and as a result as other presidents came along such as Freanklin Delano Roosevelt and Lyndon B. Johnson public administration evolved to what it is today (Henry, 2013, p. 342). President Lyndon Johnson is the one that implemented the idea of policy analysis in the federal government in the 1950’s at the same time that this idea of public administration/policy analsysis was evolving in the government it was also emerging in academia. There was various theories and models emerging as public administration evolved throughout history. Two models that came to be is the organized anarchy and elite/mass model. The organized anarchy model according to Nicholas Henry (2013) is, â€Å"The Basics to the model is the presence of three streams, problems, politics, and policies† ( p.345). The problems stream is where the public and policymakers focusing on a particular problem, defining the problem, and figuring out whether the problem can be solved by implementing new policy or just letting the problem go away. The second stream is politics where it involves the government agenda where issues are listed and discussed by various individuals in government such as elected appointees, members of Congress and interest paties. The last stream in this model is policies where there’s a list of policies that may resolve whatever the issue is. The organized anarchy model is also known as the â€Å"garbage can† model. According to William Newman (2013), â€Å"The Garbage Can model of decision is used to illustrate how the foreign policy process is an organized anarchy; decision making is the intersection of four streams–choice opportunities, problems, solutions, and participants. The model helps identify both institutional and persuasion-bargaining variables and highlights their interactions as streams  are connected to produce policy†. The main weakness of this policy is there is a lot of ambiguity where there’s not set goals defined and at times because of the ambiguity not all issues are resolved and/or discussed. Another model that came out of the evolution of public administration is the elite/mass model. In the elite/mass model policy is developed and implemented by the elitethen flows downward to the masses (Henry, 2013, p. 343). Society is split into two sectors where those who have power are considered to be the elite and those that have no power are the masses. The public policies that are implemented consists of values of the elite, which as a result the elite shape how those of the masses think. Public officials and administrators implement all the policies that has been decided by the elite and people of the masses have no choice but to accept these policies which in turn shape what their values are to be. The weakness of this model is that policies are implemented based off of a small gropu of people (elites) that is not representative of the masses as a whole. This model creates a separation of two sectors where the only individuals that are valued are those that have money, they are the ones that are in control and have power to shape the environment that everyone lives in that includes the masses who’s voices are never heard or taken into consideration. According to Ali Farazmand (1999), â€Å" The linking elites and the operational elites within organizations have a primary task of assuring stability, compliance with organizational rules, and cohesion and control among members of their organizations. They are the agents of the strategic elites located at the apex of modern organizations in government, corporations, nonprofit institutions, and political parties†. This idea that there’s various levels of elites within the group as a whole and as result of these vaious levels of elite there’s cohesion because they control the masses. References Henry, N. (2013). Public Administration and Public Affairs 12th edition. Pearson Education Inc. Persuasion-Bargaining and Institutions in an Organized Anarchy: Clinton Administration Decisions on China, 1993-1994, American Review of Public Administration 43, Issue 3 (May 2013): p. 347 – 367. The Elite Question Toward A Normative Elite Theory of Organization. Administration and Society, Vol. 31 No. 3, July 1999 p. 321-360. Sage Publications Inc.

Introduction to Demand in Economics

Introduction to Demand in Economics In general, to demand means to ask for urgently. That said, the concept of demand takes on a very particular, and somewhat different, meaning in economics. Economically speaking, to demand something means to be willing, able and ready to purchase a good or service. Lets examine each of these requirements in turn: Willing to purchase- Being willing to purchase simply means that one likes an item enough to want to buy it, and this is usually what people think of when they encounter the concept of demand. However, its important to remember that, while its good to want things, desire to purchase is not the only requirement for economic demand.Able to purchase- Wanting to purchase an item doesnt mean a whole lot if one doesnt have the means to make the transaction happen. Therefore, the ability to purchase is another important factor in demand. Economists dont specify how an individual must be able to pay for an item- he can pay with cash, check, credit card, money borrowed from friends or taken from the piggy bank, etc.Ready to purchase- Demand is, by its nature, a current quantity, so an individual is only said to demand something if he is willing and able to purchase it now as opposed to some point in the future. Putting these three requirements together, it is reasonable to think of demand as answering the question If a seller were to show up right now with a whole truckload of the item in question, how much would an individual purchase? Demand is a pretty straightforward concept, but there are a few other things to keep in mind. Individual vs. Market Demand Not surprisingly, demand for any given item varies from person to person. Nonetheless, market demand can be constructed by adding together the individual demands of all of the buyers in a market. Implicit Time Units It doesn’t really make sense to describe demand without time units. For example, if someone asked â€Å"how many ice cream cones do you demand?† you would need more information in order to answer the question. Does demand mean demand today? This week? This year? All of these time units are going to result in different quantities demanded, so it’s important to specify which one you are talking about. Unfortunately, economists are often somewhat lax about mentioning the time units explicitly, but you should remember that they are always there.

Neighboring Countries in Geography

Neighboring Countries in Geography While some countries have many neighbors, others have very few. The number of bordering countries a nation has is an extremely important factor when considering its  geopolitical relationship with surrounding countries. International borders play an important role in trade, national security, access to resources, and more.   Many Neighbors China and Russia each have fourteen neighboring countries, more neighbors than the other countries of the world. Russia, the worlds largest country in area, has these fourteen neighbors: Azerbaijan, Belarus, China, Estonia, Finland, Georgia, Kazakhstan, Latvia, Lithuania, Mongolia, North Korea, Norway, Poland, and Ukraine. China, the worlds third largest country in the area but the worlds most populous country, has these fourteen neighbors: Afghanistan, Bhutan, India, Kazakhstan, Kyrgyzstan, Laos, Mongolia, Myanmar, Nepal, North Korea, Pakistan, Russia, Tajikistan, and Vietnam. Brazil, the worlds fifth largest country, has ten neighbors: Argentina, Bolivia, Colombia, France (French Guiana), Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela. Few Neighbors Countries that occupy only islands (such as Australia, Japan, the Philippines, Sri Lanka, and Iceland) may have no neighbors, although some island countries do share a border with a country (such as the United Kingdom and Ireland, Haiti and the Dominican Republic, and Papua New Guinea and Indonesia). There are ten non-island countries that share a border with only one country. These countries include Canada (which shares a border with the United States), Denmark (Germany), Gambia (Senegal), Lesotho (South Africa), Monaco (France), Portugal (Spain), Qatar (Saudi Arabia), San Marino (Italy), South Korea (North Korea), and the Vatican City (Italy).

Monitoring, tracking, and control technology on aviation industry Dissertation

Monitoring, tracking, and control technology on aviation industry - Dissertation Example The return of the airline systems to their normal schedules largely depend on the need and emergency of the schedule. For instance, there may be airline systems that require the schedule to get back to their normal plans by the next day. Hence controllers in this regard would cancel the flights or shift the passengers to other carriers, and then have time for the necessary measures (Yu, 1998, p.323). According to Dillingham (1997), e need for monitoring, tracking and control technology in the aviation industry is primarily required for attaining safety and security in the industry. This is mainly focused on the reduction of accidents of different flights. The air traffic control mechanism and processes have modified significantly keeping focused on the need for safety and security of the aviation industry. In the present times, the air traffic control can be found to have modernized extensively for this purpose. Thus the processes now include new radars, processing of data that are a utomated, navigation, surveillance, and equipments for effective communications. Thus the use of technology is effectively made in the present times trying to achieve monitoring, tracking and control on the industry (Dillingham, 1997, pp.1-5). ... There are impacts of emissions of carbon dioxide as well followed by the crowd of airlines in the skies. Thus the studies reveal that while on one hand, the aviation industry has lot to give to the economy of the world, on the other hand, the industry is faced with difficulties arising from climatic changes and competitions (Capoccitti, Khare & Mildenberger, 2010). Thus it can be understood that the need for successful delivery of flights and services across the airlines is highly essential for the airline companies. This would naturally require the airline companies to think of proper monitoring, tracking and control technology to be used such that the successful services of the aviation industry may be achieved. The need for monitoring, tracking and control technology is more for the aviation industry since it intends to lessen the environmental impact followed by emissions. The management of air traffic proves to be one of the efficient measures in this regard. Inefficiencies are still obtained as far as air traffic management is concerned and hence need improvement in this area of the industry. In order to attend the problem of climate change that is also encountered by other industries the aviation industry also has plans to reorganize their business model. â€Å"They will have to probably agree to be part of a network that moves people and goods from one place to another in an efficient and timely manner† (Capoccitti, Khare & Mildenberger, 2010). In order to reduce the emissions from the aviation industry, some of the measures have been found to be effective. These include: strengthening of the leadership strategy across the world, increasing the

Mergers and acquisitions Coursework Example | Topics and Well Written Essays - 2500 words - 1

Mergers and acquisitions - Coursework Example This paper seeks to examine examples of companies in the USA that were involved in a merger. Mergers often look forward to ensuring profits rather than losses in the business combination. The selected company that involved itself in a merger is the Continental Airlines Company. The company was involved in the merger with another airline company. The two companies were the entities in the merger. An entity in business or in mergers and acquisitions (M & A) describes the organization, company or corporation that is acquired by another organization, company or corporation or that merges with the other in order to ensure a successful business in terms of profits, quality of products and competition and its continuous and long term survival in the world's competitive markets (Harwood, 2005). In the year 2010, an airline company in the U.S, Continental Airlines, merged or was rather acquired by another company, United Airlines (UAL) Corporation, also an airline holding company in the U.S w hich had its headquarters in Chicago in the state of Illinois. The two airline companies merged to form the United Continental Holdings in October 2010. The merger took place to ensure that the new company founded posed stiff competition to other airline companies around the world. The merge was also to ensure better services than the services provided before by the individual airline companies. After merging, the founded airline, United Continental Holdings became the largest airline company in the world as was confirmed by revenue passenger miles (New York Times, 2010). Mergers and acquisitions are often accompanied by transaction prices and payment terms. At the time of the merger between Continental Airlines and UAL Corporation, there were several factors that were involved in determining the transaction price and the payment terms for each of the individual companies after the merger. The first factor that determined the payment terms was the presence of other potential bidders who would provide better payment terms. United Airlines initially held merger talks with the US Airways. It is said that a deal was close between the two companies (New York Times, 2010). Unfortunately the merger talks broke off paving way for talks between the United Airlines Corporation and other airlines. On the other hand, the Continental Airlines also held merger talks with the Star Alliance and even merged. However the two airlines later on separated. This paved way for merger talks between the Continental Airlines and the United Airlines Corporation. Better payment terms were put in place bearing in mind that there were other potential bidders in case of a break off of the merger talks. The second factor that determined the transaction price and the payment terms between the two companies was the share deal that was signed by both entities. When the United Airlines and the Continental Airlines announced their merger in 2010, they struck so many deals. One was of a new name o f the company to be formed which was named the United Continental Holdings. Secondly, the two companies struck deals to share the losses and profits. This share deal was the key factor which was strongly involved in determining the transaction price and payment terms during their merger. The third factor that determined the transaction price and the payment terms was the taxes to be imposed on the newly formed company by the US government. Taxes imposed on a certain company greatly influences the payment terms. In case of friendlier taxation, the two entities could enjoy sharing in large amounts of the profits incurred. However, in case of harsh taxation by the US governm