Aviation Legislation Essay Example | Topics and Well Written Essays - 500 words

Aviation Legislation - Essay Example The board also has a responsibility of making sure there is advanced engineering technology in the aviation industry. Moreover, the board is entitled to maintain a peaceful aviation industry that is adequate to cope with all the requirements of war (Lawrence, 2008). The other significant importance of the Moral Board is making sure that the aircraft manufacturing industry runs and operates in the recommended way. The board manages to enact this obligation by undertaking most of the government policies related to manufacturing and maintenance of aircrafts. The board is also entitled to make sure that there are essential needs and equipments to assist in maintaining security all over the country. The other major obligation of the Morrow Board is to make investigations on various matters that hinder or cause poor performance in the aviation industry especially in both navy and army departments. The board is also entitled to make various recommendations that ought to be considered after weighing various opinions from different stakeholders in the aviation industry (Lawrence, 2008). The American government passed the Railway Labor Act back in 1926 but later made various amendments on the law (Lawrence, 2008). The significance importance of the act in relation to the airline industry is that it deals with various labor related issues. Moreover, the act also deals with various labor issues related to the railroad industries. The act protects the rights of employees in the airline industry. It manages to accomplish this obligation by providing a peaceful environment in disposition of disputes between carriers and their employees. The act also manages to impose a duty on both carriers and employees in order to put reasonable efforts while trying to maintain collective bargaining agreements. The duty helps to settle disputes between the two bodies by providing various resolution

Product Life Cycle Essay Example | Topics and Well Written Essays - 250 words

Product Life Cycle - Essay Example growth stage where the product sales begin to grow and a lot of advertising happens at this stage, in this stage new innovations can be introduced in the market to gain an edge over other rivals and to increase the market share of the product. The third phase is the maturity stage where the growth in sales declines, the income at this phase if relatively stable, how this stage is handled is vital to the success of the business and the last stage in the life cycle is the decline phase where sales begin to decline (Giordano, Mathieu & Villeneuve, 2010).. Each of the four phases have different impact on the brand, in the introduction stage, promotion of the product will improve its acceptability in the market and in the growth stage advertisement of the product creates awareness of the product therefore increasing the sales. In the maturity stage, differentiating the product from other brands will ensure sustainable and consistent sales while in the decline stage, the price of a product will be a key factor in determining whether it stays in the market or is pushed out of the market and firms should aim at cutting costs (Richter,