Walt Disney World s Theme Parks Have Changed Their...

Walt Disney World’s theme parks have recently changed their pricing strategy to demand-based pricing (Barnes, 2016). Demand-based pricing is when consumer demand or perceived value is used to set the price of the service or good (Boundless, 2017). Demand-based pricing is well-known for being used in the hotel and airline industry. It was not until early 2016 when Disney decided to make the switch to this as well (Sampson, 2016). Ticket prices now cost up to 20% more during holidays and weekends (Barnes, 2016). Seasonal changes were also included, where â€Å"peak† tickets for visits during December, Spring break, and July weekends come at a higher price (Barnes, 2016). A three-tiered system based on the date of the visit was†¦show more content†¦Direct and indirect competitive brands for pricing strategy The anticipation of heightened demand dynamically affects admission price for theme parks. Walt Disney World and Disneyland recently introduced variable pricing in 2016 so that park tickets will cost more during holidays and peak period weekends. This only applies to one-day tickets, and not multi-day packages. Disney’s major competitor, Comcast’s Universal Studios, has also adopted demand-based pricing. One difference though, is that their system provides incentives for visiting on off-peak days, and/or booking tickets online in advance. Guests can get $5 to $20 off the walk-up price, with the bigger discounts saved for midweek, low-demand periods. A variety of other discounts, packages, and promotions are available to guests that are all designed to bring down the per-day admissions cost for visitors, while simultaneously ensuring a longer stay for guests. A longer stay is a win-win situation because it means more money spent overall at theme parks, restaurants, hotels, and gift shops. SeaWorld has still struggled to bounce back after the loss of visitors from its killer whale controversy, and the boom of expansions with its competitors. â€Å"SeaWorld has very price-sensitive customers. Disney s customers are less price-sensitive†, said Robert Niles, editor of ThemeParkInsider.com (Pedicini, 2016). SeaWorld said it moved away from discounting tooShow MoreRelatedCase2 the Not-so-Wonderful World of Eurodisney1743 Words   |  7 Pagesstudy: The Not-So-Wonderful World of EuroDisney Summary Euro Disney SCA formally launched its theme park to Europeans in April 1992 near river Marne, 20 miles East of Paris. It was the biggest and most lavish theme park that Walt Disney had built bigger than any of its Disney parks around the world. The location was chosen over 200 potential sites in Europe from Portugal through Spain, France, Italy and Greece. Disney Management expected Europeans to receive the theme park in the same behavior thatRead MoreDisney Analysis2267 Words   |  10 PagesAnalysis of The Walt Disney Company: The Magic of Disney Fall 2003 Sean Housley Haas School of Business University of California, Berkeley MBA Candidate, Spring 2004 housley@mba.berkeley.edu Abstract Disney has led the entertainment industry for much of its storied 80-year history. What exactly is the ‘Magic of Disney’? And how has Disney sustained the magic for so long? This paper analyzes Disney’s historical competitive advantage, drawing emphasis on the remarkable synergies Disney created acrossRead MoreThe Walt Disney Company Report15335 Words   |  62 PagesCompany Research Paper The Walt Disney Company Pranay Kumar George Batah Shuxian Shen Sheng Hao Koo â€Å"We have complied with university honor code in completion of this assignment and I attest that this work is ours and ours alone.† Professor Suzanne Weiss Contents 1. Executive Summary 2. Company Background 3. Management 4. Situation Analysis 5. Ethics and Responsibility 6. Human Resource 7. Globalization 8. Operation and Production Read MoreThe Disney Studios Industry And Competitive Analysis4241 Words   |  17 PagesINTERNAL BRIEFING DOCUMENT SUBJECT: The Walt Disney Studios Industry Competitive Analysis BACKGROUND The Walt Disney Studios was founded by brothers Walt Disney and Roy O. Disney as Disney Brothers Cartoon Studio on October 16th, 1923. Early production focused on short films and several all-animated cartoon series. Disney’s first foray into full-length animated features resulted in the seminal 1934 film Snow White and the Seven Dwarfs. Their first fully live-action film, Treasure Island, releasedRead MoreDisney Land9906 Words   |  40 PagesExecutive Summary This report is about the ‘not-so-wonderful world’ of Euro Disney a.k.a (also known as) Disneyland Paris. Euro Disney is Europe’s No.1 family entertainment park. All the same it has had its moments of ups and downs. This adventure that Euro Disney has been through has been full of surprise and anticipation. The management have had to re-evaluate their strategies in order to pull out of the crisis facing them. Every company must analyse the marketing mix, i.e. Product, PriceRead MoreWalt Disney Case16863 Words   |  68 Pages9-701-035 REV: JULY 25, 2001 D MICHAEL G. RUKSTAD DAVID COLLIS O The Walt Disney Company: The Entertainment King I only hope that we never lose sight of one thing—that it was all started by a mouse. —Walt Disney The Walt Disney Company’s rebirth under Michael Eisner was widely considered to be one of the th great turnaround stories of the late 20 century. When Eisner arrived in 1984, Disney was languishing and had narrowly avoided takeover and dismemberment. By the end of 2000, howeverRead MoreMarketing Plan for Hong Kong Disneyland9113 Words   |  37 Pages21 6. Marketing Program 23 Product Strategy 23 Product Line: 23 Service: 24 Package: 24 Price Strategy 25 Quantity discount: 25 Segmentation pricing: 25 Promotion strategy 26 Television advertisement: 26 Magazine/newspaper: 26 Spokesman: 26 Disney Movie: 27 Distribution strategy 27 7. Financial Data and Projection 28 8. ImplementationRead MoreThe Not-so-Wonderful World of Eurodisney5487 Words   |  22 PagesEuroDisney SCA opened its doors to European visitors. Located by the river Marne some 20 miles east of Paris, it was designed to be the biggest and most lavish theme park that Walt Disney Company (Disney) had built to date—bigger than Disneyland in Anaheim, California; Disneyworld in Orlando, Florida; and Tokyo Disneyland in Japan. Much to Disney management’s surprise, Europeans failed to â€Å"go goofy† over Mickey, unlike their Japanese counterparts. Between 1990 and early 1992, some 14 million peopleRead MoreHongkong Disneyland5985 Words   |  24 Pages11 4.3 Porter’s 5 Forces Overview 14 5. Objectives 15 6. Strategy 15 6.1 Ansoff Growth Matrix 16 6.2 Position 17 6.3 Reposition 18 6.3.1 Sun Tzu Art of War Strategy 19 6.3.2 Attack Overview 23 Contents 7. Proposed Activities amp; Budget 24 8. References 28 Executive Summary Based on the case study ‘Export of American Fantasy World to the Chinese’, the authors critically analyzed the internal and externalRead MoreHong Kong Disneyland When Big Business Meets Feng Shui Superstition And Numerology 12608 Words   |  11 PagesSouth Australia and Justin Cohen, Ehrenberg-Bass Institute for Marketing Science, University of South Australia E N V I R O N M E N TA L A N A LY S I S O F I N T E R N AT I O N A L M A R K E T S BACKGROUND Disney, one of the world’s most recognised brands, launched its most recent theme park in Hong Kong in 2005. Hong Kong Disneyland, the fifth theme park globally, was created to service the Hong Kong market, but more strategically to reach the rapidly growing Chinese market. Hong Kong Disneyland

Violence Against Men And Women - 1424 Words

Often times, transgender men and women are targets for harassment online and face to face. People in the transgender community are not widely accepted by society and are often treated as though their rights as humans have been stripped from them; but their voices are growing louder and their pool of allies is growing larger which is causing the world to start to be more accepting. This fight for justice for the trans* community sprouts from violence against men and women that refuse to be someone who they are not. An article written by Helen Wolkowicz says, â€Å"dismembered, burned, stabbed - these are some of the ways that trans and gender-nonconforming people have been murdered† and continues on to tell a few stories of those who have†¦show more content†¦Wolkowicz interviews Gabrielle Bouchard, a peer support and trans advocacy coordinator at the Centre for Gender Advocacy in Montreal who shares that When you re visibly trans, you never just go to the grocery store, you never just go to school, you never just go to the theatre. You go facing the potential for snarky comments, discrimination or violence. You prepare your survival backpack every day, and this is the remark that defines trans* lives. Those who are anti-trans believe they have a say whether a human lives comfortably or not. The story that has been spreading like wildfire over social media is that of Leelah Alcorn. On December 28, 2014, the 17 year old trans* female committed suicide, leaving behind her stubborn and religious parents and an online suicide note. Leelah wanted nothing more than to be comfortable with herself, but her parents would not allow that. The way that her parents treated her was inhumane and unfair. They separated her from the world, talked to her in a derogatory tone, and verbally and mentally abused her. In her note, Leelah writes,â€Å"The only way I will rest in peace is if one day transgender people aren’t treated the way I was, they’re treated like humans, with valid feelings and human rights† (Doyle), where she basically states that the reason for her suicide was her rights and emotions being disregarded. Many trans* people experience discrimination first at home. Leelah

The New York Times Review The Critique Of A Broadway...

Literally five minutes ago I was sitting on my couch, trying to figure out what I was gonna do this weekend and then I get a phone call telling me I have won two tickets to see a Broadway production. At first I am excited but then I automatically started freaking out about who I was gonna take. All my friends are going to a music concert that I can not afford, but then I start thinking I can take a family member. I began to think it over and I decide I am going to take my grandmother because she never really gets out and just goes on a randomly fun trip. Now that I know I am taking her I need to find a sho i know she will enjoy. I know since she has gotten older she like shows and movies that have a good story or movie plot that involves†¦show more content†¦The performer that has been chosen for Jenna, has a beautiful voice that she manipulate perfectly to make the audience fall in love with the character of Jenna. Her character embodies a true female lead that endures hard times but tries her hardest to keep her life on track. The overall show is described as being â€Å"rich on musical pleasure† and pleasing to the audience. In a way the show also seems to embody the personality of lower class, by the way the review emphasizes the point that its about gritty workers and a struggling female lead. After reading these two reviews I am officially deciding the this musical is the one that my grandmother and I are going to go watch. Bothe reviews have described the play in a motive way. The first review emphasizes on the intriguing storyline that grabs the audiences attention due to the drama that is all happening on the stage. The show allows the audience to watch the life of Jenna unfold in front of their very eyes. The other review that I read also leaves me with a sure feeling that the musical will do nothing less than please my grandmother and I. The fact that i have found to outstanding reviews, whether they are emphasizing the great storylin e or the great female lead, I am sure of my decision to go see this musical. As I mentioned earlier I am taking my grandmother along with me to go see this Broadway play that does not seemShow MoreRelatedStrategic Systems Audit4604 Words   |  19 PagesStrategic Systems Audit Introduction As the organizations’ business strategies are becoming more complex over time, the auditing practices have been evolving correspondingly over the last century (Bell et al. 1997, 10), from a transaction-based audit prior to 1900, to risk-based audit approach during the twentieth century to today’s â€Å"Strategic Systems Audit† (SSA) as promoted by Solomon and Peecher over the last several years to reinvent the financial statement audit. 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In 2002 it was then turned into a movie casting major stars such as Catherine Zita Jones. Chicago follows Roxie Hart, a wannabe celebrity who is arrested for murdering her lover whilst trying to convince her soft, pushoverRead MoreDance 101 Study Guide 2 Essay7099 Words   |  29 Pages1 Lesson 2 Study Guide Broadway The American Musical: At the start of the 20th century, the popular vaudeville shows that crossed the nation became the training ground and inspiration for the birth of the American musical. As the primary location for the professionalization of American performance art, understanding the complicated negotiation of gendered and racial identities on the Broadway stage provides important background to the development of an American identity in concert dance throughRead MoreThe Studio System Essay14396 Words   |  58 Pagesnext three decades, the movie industry in the United States and the rest of the world operated by according to these principles. Cultural, social and economic changes ensured the demise of this system after the Second World War. A new way to run Hollywood was required. Beginning in 1962, Lew Wasserman of Universal Studios emerged as the key innovator in creating a second studio system. He realized that creating a global media conglomerate was more important than simplyRead MoreTechnical Obsession And Modernity Of Cinematic Reception5738 Words   |  23 Pagesdepiction of the city with reflexive representations of the filmmaking process and the auditorium. [1: Since 1921, Soviet society had seen the relative success of Lenin?s New Economic Policy and its ultimate transformation to full central planning by 1928, under Premier Stalin. 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She persuaded people to understand that they needed to focus on sales and not just service. Instead of monitoring the number of calls and length of calls, it was much more important to focus on the number of sales made through the call centers. If potential customers were calling NWA directly, booking the sale at that time was in the best interest of bothRead MoreImpooving Employee Performance72019 Words   |  289 PagesForeword by Dick Grote American Management Association New York †¢ Atlanta †¢ Brussels †¢ Chicago †¢ Mexico City †¢ San Francisco Shanghai †¢ Tokyo †¢ Toronto †¢ Washington, D.C. Special discounts on bulk quantities of AMACOM books are available to corporations, professional associations, and other organizations. For details, contact Special Sales Department, AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019. Tel.: 212-903-8316. Fax: 212-903-8083. 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Indian Economy After Independence India - 1310 Words

India is rich in natural resources and labor which has helped India progress after attaining independence from British rule in 1947. The purpose of this research paper is to trace the Indian economy after independence. India is the largest democracy in the world with a stable democratic government. Recently, India has elected a new prime minister, Narendra Modi who took office in the year 2014. (India Today). The new government in India is credited with reviving the economy and strengthening India’s foreign policy. Corruption, poor infrastructure, and economic shortages are a drag on development, but with lower global oil prices, the economy has been sustaining a growth rate of about 7 percent. (Finance. Yahoo) furthermore, Modi has opened the defense and insurance sectors to private investment as well making the government forces stronger and advancer. India’s growth is below potential because of the corruption in the government. India is set to emerge as the worldâ⠂¬â„¢s fastest-growing major economy by 2025 ahead of China, as per the recent report by The World Bank. However, the inconsistent policies make it harder for the nation to progress economically as well as politically. This paper will analyze the current growth in the economy of India and the outlook for the nation in the longer term. The Indian economy has been a journey of evolution starting form agriculture and farming to heavy industrialization and transportation. Central government planning’s led to moreShow MoreRelatedIndian Independence1255 Words   |  6 PagesApril 22, 2010 Indian Independence India, in the 18th century was ruled by the British for two centuries. The Indians wanted freedom from the British. British looted and caused fights in India and treated them with no respect. The Indian Independence was caused by British Imperialism. The British wanted to take over India, but India wanted freedom as well since it’s their country not the British. Although politics and nationalism were important causes of the Indian Independence Movement, theRead MoreMahatma Gandhi - Father of Modern India1734 Words   |  7 PagesModern India – Sky W. During the late 1800’s, India was yet again being taken over by another conquering nation (Britain). The British were not the first to do this, but followed in the footsteps of the Greek and Persian invasions of the 5th Century BC. Though the control factor remained the same, the way the British went about doing it – gradual and subtle – was not the same method the Persians or the Greeks used of an immediate and simple takeover. If India were to retrieve its independence fromRead MoreThe Effects And Effects Of British Imperialism In India1632 Words   |  7 Pageshad ruled over the Indian subcontinent. After Robert Clive’s forces won the Battle of Plassey, the East India Company had gained some power in 1757 (Ray). Before the period of British rule known as the Raj, India’s economy had been stable for some centuries. The Company had soon taken advantage of the strong framework in place, monopolizing industry and taking political control as well. In dia’s already large and growing population provided cheap labor for a subsistence economy installed within theRead MoreThe British Colonization Of India935 Words   |  4 PagesIndia was administrative regulated by British for practically a century, with independence from Britain not expanded up until comparatively lately in August 1947. British colonization had an amount of momentous influences on the district, and many of which had permanent legacies on the nation’s economic and social positions. Though some of these effects were helpful and positive for India, many rooted in British imperial benefits being prioritized over domestic benefits, which led to an uneven patternRead MoreA Brief Note On Kashmir And Historical Perspective1308 Words   |  6 Pagespower. The idea of self-determination in the modern-era is in fact the product of the concept of political sovereignty as developed after the Treaty of Westphalia. Then came the Industrial Revolution and during an d after the revolution, the colonies slowly gravitated towards the idea of self-determination, as they became more aware of their rights. The American Independence Movement during the mid-1770s is considered as the first assertion of right of self-determination. Thomas Jefferson further promotedRead MorePositive Impacts Of Gst In India1011 Words   |  5 Pageswhere GST has already been enforced but in India it is levied in 1st July 2017 which modified the whole scenario of indirect tax policy. In India, it has become a reforming tax for Indian economy by developing a common Indian market after independence (CBDT, July 2017).In India, it has become a reforming tax for Indian economy by developing a common Indian market after independence. The idea of one nation, one tax is welcomed by every community of India such as businessmen, Government, ProfessionalsRead MoreThe Reflections Of Trade Trends On Overall Economy900 Words   |  4 Pages3 REFLECTIONS OF TRADE TRENDS ON OVERALL ECONOMY As India struggled considerable challenges during both pre-independence and post-colonial periods; the alterations of trade policies towards years and devastating economic crises that emerged due to failure of these attempts and last attachment to the liberalization systematically had led to fluctuations in two aspects of its overall economy: growth and direction. 3.1 Growth of Economy of India India’s exporting activities has demonstrated a dramaticRead MoreThe Business Cycle Model : A Diagram That Shows How Economic Activity Fluctuates Over Time1352 Words   |  6 Pagesthe level of economy is at its highest. It occurs after the upswing stage. The levels of expenditure, output income and employment are also at their highest. 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You can also see other countries that are neighbours of India on the IndianRead MoreEssay On India In World War 11335 Words   |  6 PagesIndia has played a major part in World War One in the aiding of Great Britain in the war to end all wars. India saw World War One as an opportunity to gain their own self-government and also be able to give Britain more firepower due to India’s great amount of soldiers. Throughout the course of the war, many countries were beginning to see how much of a contributor India really was. I total of 1.5 million Indian soldiers or volunteers served under the name of Great Britain. This amount of soldiers

Native Americans During America s Gilded Age - 1788 Words

During America’s Gilded Age, a drastic change in the west transpired. While many Native Americans had already endured profound changes, their freedom was about to become nearly extinct. It was a time in which they called the Second Industrial Revolution. There was an ample amount of natural resources and a development in the market for manufactured goods. Railroad companies flourished and alas, Indian removal was imperative in obtaining land for laborers and miners (Foner, Give Me Liberty!, p.477). As Americans wanted to take their land, they also wanted to strip Native Americans of their culture. The federal government strived in trying to civilize them, so The Bureau of Indian Affairs created boarding schools all over the west in the 1870s. These schools were for Native American children of all ages. The goal was complete â€Å"assimilation† (Mabalon, 9/9/15). The children were forced to dress differently, they gained new names, and they were isolated from any cultura l influence. It was as though they were forced to give up tradition. It caused them to start having hatred towards their culture and to be ashamed of themselves. Native Americans lost their values and their freedom almost completely. They were essentially being taught how to be white capitalists. (Mabalon, 9/9/15). It wasn’t until after a long, painful struggle and resistance that they finally gained citizenship for all in 1924. Even then, there was still a great way to go until the Native Americans were able toShow MoreRelatedThe Progressive Era Of The Gilded Age1455 Words   |  6 PagesThroughout the progressive era there were many reform movements due to the abundance of political, social, and economical corruption in America in the gilded age as seen by political machines like William Marcy tweed and American financiers like J.P. Morgan. 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Financial Risk Management Enterprise Risk Management

Question: Describe about the Financial Risk Management for Enterprise Risk Management. Answer: Company overview Our focus company will be Allianz Malaysia Berhad. The company is part of a large organization group known as Allianz located in Germany. First established in Germany in 1890 the firm has expanded greatly with over 148,000 employees globally. The firm is proud to serve close to 83 million customers globally in 70 countries. It first establishment in Malaysia was in 2001 when it became the controlling shareholder of Allianz General Insurance Malaysia Berhad (AGIM). In 2007, they transferred their business to Allianz General. After the completion of transfers of general insurance business, AGIM changed its name to Allianz Malaysia Berhad (AMB). Currently, the firm is recognized as one of the prominent general insurers in Malaysia. It is also widely known for its broad spectrum of services it offers such as personal lines, motor insurance, and small to medium enterprise and large industrial risk. The firm is also credited of it provision of comprehensive range of life and health insurance, their investments are also linked to products and it has been regarded as one of the growing life insurers firms in Malaysia. With over 30 branches across different cities nationwide, the firm distinguishes itself as most trusted provider of financial services, thus suiting the lifetime needs of most Malaysians, as well as play the role of responsible corporate citizen. Risk exposures Just like any other insurance organization, AMB suffers from different risks due to their daily operations. Hence, this means that they should be able to manage the risks that are insured by exclusion of certain types of coverages taken from a policy. In this case, we will discuss some of the risk that AMB faces in their daily operations. Perils- refers to the policy coverage for individuals automobile, life, home or health insure against losses. Hence, a peril is perceived to be an event that has a potential cause of harm or loss. AMB have different perils for different types of policies. For instance, the peril for an automobile includes theft and vandalism (Wu Olson, 2015). For homeowners, the issuance of perils by AMB is against wind, storms or fire. The firm also protects people from health related perils such as heart attack. Hence, this means that AMB is likely to suffer from personal or property loss exposure. As a result, this tends to mean that failure by AMB to effectively categorize this exposure they may suffer losses because the occurrence of insured events are catastrophic or accidental. Distribution of loss also serves as a risk exposure. AMB as an insurance firm needs to calculate the amount and type of risk to insure meaning they should effectively understand the distribution of losses. Failure to quantify the losses may lead to a specific period known as frequency loss. In addition, failure to quantify the loss leads to them suffering from severity of losses. Loss severity refers to the typical amount that an insurer pays out from a benefit or even a claim (Olson, 2008). Hence, this means that AMB needs to effectively quantify the severity of the insured policy before accepting to insure the asset or individual otherwise they are under the context of suffering from huge losses when claims are made. Volatility is also a risk that AMB is exposed to. By definition, volatility is referred to as the amount of uncertainty size of changes when it comes to security value. Therefore, the higher the volatility means the greater the security value can be easily spread out over a large range of value. Whereas, low volatility means that security doesnt fluctuate dramatically but changes value as pace progresses over a period of time. Therefore, in any instance where there is aggregate variance amounts it is likely that there would be an increase in non-dependence of risk which may not be good for business because of its risks. AMB as an insurance company primary objective is mainly to pay claims and to maintain that they get some profits. Hence, this can be achievable only accomplishment of certain types of business insuring. But, in our case AMB provides health covers which include heart attacks or accident covers on vehicles. Hence, this means that AMB are under the voyage of suffering from the risk of claims, as more claims in a short period may affect the business negatively. Uncertainty also tends to be a risk that affects AMB policy setting. By definition, uncertainty refers to the inability to predict the future. Therefore, the presence of uncertainties brought about by different catastrophic such as nature tend to affect possible deviations being projected (Batten et al, 2013). In this case, AMB suffers from two general insurer uncertainties. (1) Uncertainty as to outcome that has already been written (2) uncertainty in pertinence with the premiums that the insurer needs for charging the future to as to achieve their financial objective. Therefore, such risks of uncertainties need to be effectively observed. Tools to measure the risk Hampton (2011) legislates that there is need of them carrying out a thorough evaluation on insured property before they actually calculate the total premium rates. Hence, this tend to enable them assess their risk exposures. As a result, they use the Moody risk analysis to set their data so that they can easily segment their potential consumers behaviors. The moody risk methodology tends to be effective as it informs their rating process, supports their fundamental analysis and also impacts greatly on their business decisions and future financial health. The use of verified data developed by insurance underwriters also tend to have a greater effect this is because AMB as an insurer is covered from any potential exposure claims which results to large payouts (Hirreff, 2008). Recommendation of the best strategies that should be used by AMB Paying valid claims efficiently- payment of valid claims may seem simple, but it tends to involve more that the obvious. Therefore, AMB needs to have the essential technology as well as training staffs. They also need to price their risk in an accurate and fair manner. Take the example of an insurer underpricing it is likely that he will go out of business. Hence, insurers should pay valid claims efficiently by keeping the cost down (Porteous, 2006). Hence, this means that premiums should be calculated by account for both risks and operation cost for provision of the policy. Strategic philanthropy- this involves partnering with organizations in community for mutual benefit purposes. Therefore, this type of corporate giving not only does it impact the community but also benefit the stakeholders in the business (Briss Varenne, 2001). As a result, there will be a reduction on personal or property exposure. Climate change leadership- for insurers, the big part of risk reduction involves the environment. Therefore, as a method of lowering the risk they should consider hedging the financial risk exposures as this lowers their viability of being prone to risks. References Wu, D. D., Olson, D. L. (2015).Enterprise risk management in finance. Hampton, J. J. (2011).The AMA handbook of financial risk management. New York, American Management Association. Olson, D. L., WU, D. (2008).New frontiers in enterprise risk management. Berlin, Springer. Choi, J. J., Powers, M. R. (2002).Global risk management: financial, operational, and insurance strategies. Boston, JAI/Elsevier Science. Walker, R. (2013).Winning with risk management. Singapore, World Scientific Pub. Briys, E., Varenne, F. D. (2001).Insurance: from underwriting to derivatives : asset liability management in insurance companies. Chichester [England], John Wiley. Hirreff, D. (2004).Dealing with financial risk. London, Economist. Porteous, B. T., Tapadar, P. (2006).Economic capital and financial risk management for financial services firms and conglomerates. Hounds, Basingstoke, Hampshire, Palgrave Macmillan. Batten, J., Mackay, P., Wagner, N. F. (2013).Advances in financial risk management: corporates, intermediaries and portfolios. Allianz Malaysia Berhad, (AMB) (2015). Allianz Malaysia Berhad annual report.

Overview And Analysis Of The Crusades Essay Example For Students

Overview And Analysis Of The Crusades Essay Overview and Analysis of the CrusadesThe Crusades were military expeditions planned and carried out by westernEuropean Christians. The crusades started around 1095. The purpose of thesecrusades was to overtake and gain control of the Holy Land from the Muslims. TheHoly Land was Jerusalem and the Christians believed that gaining control of itwas their fate. The pope would gather the people together and incite them. Theorigin of the crusades was a result of the expanding Turks in the middle east. These Turkish forces invaded Byzantium, a Christian empire. The crusaders were amilitia, sent out to recover what they thought was theirs. The first crusade was essentially started by Pope Urban II. On November 27, 1095,he gathered his followers outside the French city of Clermont-Ferrand. Hepreached to these people and told them that action needed to be taken. Inresponse, the people cheered and planned their attack. Urban II brought togetherall of the bishops and urged them to talk to their friends and fellow villagersand to encourage them to participate in the crusades. Small groups started toform and each group would be self- directing. All the groups planned their ownways to the Constantinople, where they would meet and regroup. They would attackthe Turkish forces in Constantinople and hope to regain control of the city. The large Christian armies talked to Alexius I Comnenus, the Byzantium emperor,and agreed to return any of his old land that was recaptured. The armies wereskeptical of this demand but agreed anyway. The first attack by the crusaderswas on Anatolian, the Turkish capital. Meanwhile the Byzantians were also tryingto recapture Anatolian, and later that year, the city surrendered to theByzantians instead of the crusaders. The Byzantians were using the crusaders aspawns to achieve their own goals. The crusaders again met and crushed theTurkish army. The crusaders scored a great victory and boosted the troops moral. The crusaders captured Antioch and also held off relief forces sent to help theTurks. The crusaders then moved on to their main goal-Jerusalem!The city was under Egyptian control and was heavily guarded. The crusaders setup siege machines and called for reinforcements, finally forcing the Egyptiansto surrender. Everyone in the city was massacred in the belief that the blood ofthe former holders purified it. The crusaders kept control of the city for thenext generation or so and brought in people to inhabit the Holy Land. Slowly theMuslim forces started to rebuild and soon came back to take the Holy Land. After the defeat of the Egyptians in Jerusalem, the crusaders started tocolonize. The Latin colonists set up four states: Tripoli, which was on theSyrian coast, Antioch, centered near the Orontes Valley, Edessa, a far eaststate which held most of the Christians, and the Latin Kingdom of Jerusalem, themost powerful and centered between the other three states. The crusadersstrategy during the first crusade was to isolate the Muslims and Egyptians, andto cut off any supplies or reinforcements from strengthening their status. Oncethe original generation of crusaders died, their children were not as determined. They forgot about the Muslims that had escaped, and because of that, the Muslimshad a new leader and were regaining power. Under their leader, Imad ad-Din, theMuslims regrouped and planned their attack against the colonies. After thepassing of Imad ad-Din, a new radical leader emerged-Zangi. Zangi led his troopsto a victory against the crusaders and their colonies by capturing the state ofEdessa. The Muslims destroyed the Christians churches, buildings, and killed thecrusaders. Back home, the Pope saw what was happening and declared a secondcrusade to recapture the territory that had been lost. King Louis VII, fromFrance, set out to meet Conrad III army. The Holy Roman Emperor, Conrad III, setout from Germany and soon met up with Louis men. With their armies, they leftfrom their homeland to meet in Jerusalem. Conrads army began their voyage, onlyto be ambushed. Afterwards, their supplies and cavalry were drastically depleted. .u7c70fe05d893afce7369df56b525a92f , .u7c70fe05d893afce7369df56b525a92f .postImageUrl , .u7c70fe05d893afce7369df56b525a92f .centered-text-area { min-height: 80px; position: relative; } .u7c70fe05d893afce7369df56b525a92f , .u7c70fe05d893afce7369df56b525a92f:hover , .u7c70fe05d893afce7369df56b525a92f:visited , .u7c70fe05d893afce7369df56b525a92f:active { border:0!important; } .u7c70fe05d893afce7369df56b525a92f .clearfix:after { content: ""; display: table; clear: both; } .u7c70fe05d893afce7369df56b525a92f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u7c70fe05d893afce7369df56b525a92f:active , .u7c70fe05d893afce7369df56b525a92f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u7c70fe05d893afce7369df56b525a92f .centered-text-area { width: 100%; position: relative ; } .u7c70fe05d893afce7369df56b525a92f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u7c70fe05d893afce7369df56b525a92f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u7c70fe05d893afce7369df56b525a92f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u7c70fe05d893afce7369df56b525a92f:hover .ctaButton { background-color: #34495E!important; } .u7c70fe05d893afce7369df56b525a92f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u7c70fe05d893afce7369df56b525a92f .u7c70fe05d893afce7369df56b525a92f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u7c70fe05d893afce7369df56b525a92f:after { content: ""; display: block; clear: both; } READ: Sexual Harassment EssayThe better half of the French army reached Jerusalem and met up with the smallremains of the Germans and the old crusaders. Together they ventured to Damascus,but failed to take the city and were badly defeated. The French army and kinghad had enough and returned home. The small remnants of the Germans stayed withthe colonies, along with the old crusaders. Slowly but surely, the states thecrusaders had set up were systematically being destroyed. The failure of thesecond crusade brought on the third crusade. The Muslims had named a new leader, Nur ad-Din, who regrouped the Muslims andmotivated them to take back what believed was theirs. Their leader died a fewyears later, and was succeeded by their military leader, Saladin. In 1187,Saladin took his now revived and recuperated army to recapture Jerusalem. InJuly, he crushed the crusaders front line army in Galilee. Saladin then led histroops throughout the area of Jerusalem and finally took Jerusalem in earlyOctober. This led to Pope Gregory VIII starting a third crusade. The people inthe west knew that their time had come to defeat the Muslims once and for all. Included in the ranks of men going on the crusade were Fredick I, the Romanemperor; Philip II, the French king; and Richard I, of England. These forceswere thought to be one of the most powerful armies assembled during the middleages. Again, this crusade suffered misfortune. On his journey to Jerusalem, theRoman emperor died, and his army accompanied the body back home for burial. Evenwith the size of Richards and Fredericks remaining armies, they were not ableto recapture Jerusalem. When the armies left Jerusalem and its surrounding areasto return home, they accomplished none of their goals. Since none of the following crusades were successful or even important, not muchis known about them. The later crusades also provided almost nothing for theChristians therefore much time and money was wasted on them. I have several thoughts on the crusades. The first crusade was the mostmemorable. It was the most successful one, with a minimal amount of casualties. Its execution reflected well on the leaders. The Muslims and Turks were taken bysurprise. They did not expect the Christians to bring such a force or such toJerusalem. Later crusades were anticipated by the Muslims and very predictable. After the Muslims won control, the Christians initiated a new crusade within 10years or so, with the full force unable to reach Jerusalem. I think the peoplewere more pleased with the first crusade not only because of the outcome butbecause it was a new idea to the Christian faith. Christian philosophy did notespouse, if there is something you want, take it forcefully. The crusades alsooffered the Christians a chance to vent their anger towards Jerusalemspossessors. It established a routine and thereby structure for their lives. Towards the end of the second or the third crusade, the common folk werebecoming angry with the Pope and kings for their lack of results. Monies wentinto the preparation of the crusades with minimal return. The first crusade seta great example for the others, yet the next crusades didnt follow the samepath. The later crusades lacked organization. No one wanted to provideleadership due to the uncertain outcome. Leadership demonstrated in later yearswas from Stephen and Nicholas in the Childrens Crusade, however unfortunatelyyoung children were used in combat. This was a reflection of the moral characteror lack of it, in their leaders and subsequently contributed to their failure.