Monday, February 24, 2020
Perception and attitude of British customers towards cruise travel Essay
Perception and attitude of British customers towards cruise travel - Essay Example This à «Perception and attitude of British customers towards cruise travelà » essay, describes the impact of cruise travel on the economy, problems, and prospects, and compares this tourism sector with same one in other countries. The Mediterranean and Baltic are the two most prominent stamping grounds in Britain for cruise liners. There has been a growth in need for ââ¬Ëturn roundââ¬â¢ traffic at UK ports this has not caused a commotion as more tourists are ready to extend their stay so that they do not have to book flights in return due to the traffic. They have found this hectic especially because it may mean for them to book from a new embarkation port (Miller 94). The maritime weather and climate in Britain is not truly a setback when it the cruise ships involved in the travel are large vessels and especially since most of these vessels start their journey in the United Kingdom ports and still end them there. Summer time is when there is the majority of the cruising around the beautiful British Isles. A major concern over time has been the lending of the smaller vessels by Britain. This is a serious risk especially since the ports have shallow waters that are likely to be disrupted in case of any summer squall that may occur (Lingard 32). The passenger embarkations at UK that are the majority are mainly the residents of Britain themselves. The overseas guests that take the cruise ships from the ports enjoy an incomparable experience with access for just about every part they may wish to travel and tour. For fantastic pre and post cruise travel extension, London is close to Dover, Southampton and not forgetting Harwich. This is notable because it has played a vital role in job creations and generation of income for some people in the region. This works across a great spectrum of businesses that tourism related that not many would notice was a result of the cruise ship travel in the region (Markham 45). The weakness of sterling pound provides a greater incentive for cruise lines to consider London as an extension destination due to the position of the city (Moutinho 175). Since this is a condensed island with convenient transport infrastructure and a number of
Saturday, February 8, 2020
Sarbanes-Oxley Act Article Analysis Research Paper
Sarbanes-Oxley Act Article Analysis - Research Paper Example It is a requirement under the US stock exchange regulation to comply with SOX, hence Arch Reinsurance being a publicly held company needs to follow the act. The IT manager for Arch Reinsurance considers automation to be a successful approach towards compliance of SOX. The company hires limited staff and resources and to cover it up, proper internal controls are to be managed by the company by automating control procedures at the company. Like many other companies, Arch Reinsurance Ltd have also spent a hefty amount on SOX related compliance proposal. According to the IT manager of Arch Reinsurance Ltd, it would have been really difficult for the company to sustain SOX compliance if automation was not followed, for him; the vital area of concern was to control access to financial systems and other applications. This is done by keeping a proper log and change management system, proper record is kept of every log-in, log-out and every possible activity done by the staff in the system. P roper security is also kept to ensure that only authorized personnel get to log in to the system. A review is done by the manager and his staff of daily reports produced by the data center monitoring tools. These reports are later presented to SOX auditors during compliance testing. Like every company, Complying with SOX has been expensive and time consuming at Arch Reinsurance Ltd. Though the staff is limited in number, the control procedures followed at the company decreases its vulnerability to internal control failures. The procedures followed are quiet extensive as the IT manager has abundant knowledge of company data center operations. The main theme is to strengthen the internal control systems by automating the procedures and activities at Arch Reinsurance Ltd. While conducting an audit, the auditor should identify the control procedures to avoid any material
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