Here is the synopsis of our sample research paper on Effects Of Risk Management On Airlines Profitability. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
17 pages in length. The prevalence of profitability within the airline industry is based upon myriad variables, any one of which can serve as a weak link in an otherwise solid infrastructure. The extent to which each individual aspect of risk management is integral both by itself and as a part of the overall operation is both grand and far-reaching; that the very meaning of risk management reflects 'the systematic application of management policies, procedures and practices to the tasks of identifying, analysing, evaluating, treating and monitoring risk' (The State of Queensland Department of Employment and Training, 2004) speaks to the overwhelming implications associated with the bottom line. Bibliography lists 26 sources.
Page Count:
17 pages (~225 words per page)
File: LM1_TLCRiskMngAir.rtf
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Unformatted sample text from the term paper:
extent to which each individual aspect of risk management is integral both by itself and as a part of the overall operation is both grand and far-reaching; that the very
meaning of risk management reflects "the systematic application of management policies, procedures and practices to the tasks of identifying, analysing, evaluating, treating and monitoring risk" (The State of Queensland Department
of Employment and Training, 2004) speaks to the overwhelming implications associated with the bottom line. "The risks and costs in commercial aviation necessitate a rational process for decision-making.
Daily, operators and managers make decisions in real time, weighing the probability and severity of any adverse consequences implied by the risk against the expected gain of taking the risk"
(Southern California Safety Institute, 2006). II. HYPOTHESIS Employees represent a tremendous liability where profitability is concerned in the airline industry; as such,
focusing risk management attention upon hiring, cultivating and appreciating a companys workforce is one of the surest ways to guarantee group participation toward strong profitability. III. METHODOLOGY
Qualitative research begins with intent to review a certain area. The researcher then collects data through observations and interviews, and generates his or her
ideas and hypotheses from these data with inferences largely made through inductive reasoning. The strength of qualitative research lies in its validity or closeness to the truth; as such,
good qualitative research - by using a diverse number of data collection methods - should actually touch the core of what is going on rather than just skimming the surface
of the facts. The validity of qualitative methods is greatly improved upon by using a combination of research methods, a process known as triangulation used by independent analysis of
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