SiriusXM Industry Profile - Free Essay Example

Sample details Pages: 2 Words: 479 Downloads: 1 Date added: 2019/06/14 Category Management Essay Level High school Tags: Profile Essay Did you like this example? SiriusXM is a satellite radio corporation with approximately 32.7 million subscribers as of 2018. They broadcast music, news, and entertainment programming, mostly ad free, via satellites and corresponding terrestrial facilities. SiriusXM currently controls almost 30% of the US radio market, with its closest competitor, iHeartMedia Inc., trailing behind with only 17.5% of the market under its control. Its primary competitors are iHeartMedia Inc., Entercom Communications Corporation, and Cumulus Media Inc. The company became what it is today through the merging of Sirius Satellite Radio and XM Satellite Radio in 2008, following a year long approval process from the FCC and the United States Department of Justice. XM Satellite Radio and Sirius Satellite Radio started airing programming via satellite in 2001 and 2002, respectively, but each company was founded in the early 90s pursuing the audio industry with the then current technology. The current company focuses on the US market primarily. They do not broadcast abroad, although they do have a division in Canada. Don’t waste time! Our writers will create an original "SiriusXM Industry Profile" essay for you Create order Revenue is accumulated through subscription fees users pay to have programming delivered to their cars. Some talk shows and sports programming make money through traditional advertising, but this is minimal and not the norm. SiriusXM has partnerships with Acura, BMW, Ford, Kia, Subaru, and every other major car manufacturer in the United States, all of which manufacture cars with satellite compatible equipment so drivers dont have to purchase satellite radios apart from their automobile. SiriusXM is publicly traded, and the current share price is $6.14, down 11% from last month, likely due to the public believing their purchasing of Pandora was overvalued. Consequently, Pandoras stock shot up by 13% in September of 2018 when the deal was announced, because many were buying the Pandora stock they knew would soon merge with Sirius XM stock. Even with the devaluing of SiriusXM stock, the price of a share has only gone down 2% in the past six months and has actually gone up 6.98% in the past year, showing an overall positive trend. This bodes well for Liberty Media, which owns approximately 70% of Sirius XM stock as of May 2018. As previously stated, SiriusXM is planning to merge with past competitor Pandora for $3.5 billion, signaling a shift into Internet Radio following the advent of streaming services like Pandora, Spotify, and Tidal. This deal has been approved since September 2018, but will not be official until some point during the first quarter of the following year. Through this deal SiriusXM will gain the audience Pandora currently possesses and both companies will benefit from the natural synergy of merging these two audio powerhouses. The company recently launched SiriusXM with 360L, a new service, airing through satellite but customized through the internet, which takes in what users listen to and customizes their experience with recommendations and spotlight channels. This service is subsequent to them recently launching an On Demand option for users. SiriusXMs revenue is projected to go up by 8.6% to $5,889 million in 2018, from $5,425.1 million in 2017.

Essay on History of Rumba, Merengue and Salsa - 1379 Words

According to Holger Henke in his The West Indian Americans, Jamaican Rex Nettleford was correct when he said, â€Å"’dance was a primary instrument of survival’.† As such a vital part of cultural traditions, dance plays and integral role in the history culture. Three of the most influential styles of dance in the Caribbean are the Rumba, The Merengue, and the Salsa. The word Rumba is defined by the Merriam Webster Dictionary as â€Å"a ballroom dance of Haitian and Dominican origin in 2/4 time in which one foot is dragged on every step.† Here, however, Rumba is a collection of percussive rhythms, song and dance that originated in Cuba as a combination of the musical traditions of Africans brought to Cuba as slaves and Spanish colonizers. The term†¦show more content†¦What we know today as Ballroom Rumba is basically son and not based on the authentic folk rumba. The first serious attempt to introduce the rumba to the United States was in 1913 but real interest in Latin music began about 1929. In the late 1920s, Xavier Cugat formed an orchestra that specialized in Latin American music and opened at the Coconut Grove in Los Angeles and later played at the Waldorf Astoria Hotel in New York. By the end of the decade he was recognized as having the outstanding Latin orchestra of the day. Monsieur Pierre was Londons leading teacher of the Rumba and in 1955 he and his partner, Doris Lavelle, introduced the true Cuban Rumba which was finally established after much argument, as the official recognized version in 1955. During this time, the intellectual movement known as Afrocubanismo, a sort of mass relization of the value of African culture (especially in the Caribbean), gave roots to traditional rumba. When this afrocubanismo movement came along, it helped open the doors to African rooted dancing and ways of expression. Rumba became more accepted among Cubans and was a recognized cultural expression that identified as a part of the Cuban people. It also provided the means at that point of public expression for those without representation in the media, the Afro-Cubans. Today, Rumba is most commonly performed informally and can be broken down into three types:Show MoreRelatedThe History of Dance9217 Words   |  37 Pagesof dance names; Argentine Tango - history of Argentine Tango and Milonga. Argentine Tango History - Milonga and Argentine Tango history by Mike Higgins Ballet History - Into a fantasy world: A history of ballet (offsite: CBC) Breakdance - traces the origins of break dance. Cha Cha - history of cha cha. Clogging - clog dancing or clogging, as it is sometimes known, takes its origins from square dancing. This is not where or how clogging began however. Disco - history of disco dancing. Flamenco and theRead MoreMore Zumba, Less Childhood Obesity1489 Words   |  6 Pagesas an afterschool activity would give the child time to exercise and give the parent time to run errands. While Zumba is a culturally interactive exercise for boys and girls of all ages, obesity in children is also dependent on culture and family history (O’Dea). Western societies believe that being fat is a gluttony and sloth, which reflect sin in a religious aspect. Pakistani and Indian cultures, however, believe that doctors and/or nurses are selfish, inappropriate, and disrespectful when the patientsRead MoreLatin American Music And Latin America Essay1926 Words   |  8 Pagesfestival stages equipped with numerous instruments, the music of Latin America has continued to inspire and empower with its distinctive and expressionistic style. Latin American Music stems from a highly influenced culture, which results in rich history, unique rhythm, and an undeniable passion from its artists. The evolution of Latin American Music can be organized within four time periods: Pre-Columbian Cultures, Early Centuries of Conquest, Formation of National Cultures, and The Modern EraRead MoreMusic in the Caribbean3392 Words   |  14 PagesRican aguinaldo and Jamaican mento to more contemporary music such as salsa and reggae. They are each syntheses of African, European, Indian and Indigenious influences, largely created by African slave descendants, along with contribution from other communities. Some of the styles that gained wide popularity outside of the Caribbean includes reggae, zouk, salsa, bouyon, calypso, soca, reggaeton and punta. The diverse history of Caribbean music begins with tribal music from the Native Americans that

Fitzgeralds Satire on the American Dream in the Great Gatsby free essay sample

In order to support this message, Fitzgerald presents the original aspects of the American Dream along with its modern face to show that the once impervious dream is now lost forever to the American people. This world takes a look at the fact that the rich and powerful were able to get away with whatever they want and simple ideals were forgotten. As the average American in the 1920s became more captivated with wealth and everyday luxuries, some began satirizing the hypocrisy and greed they observed. Fitzgerald conveys these observations with the general hopelessness of the book. Gatsby is one who is most hopeful to the American Dream, he embodies the belief in it, but he soon finds out that the very wealth and recognition that he so coveted was what caused the destruction all his beliefs. F. Scott Fitzgerald credits the destruction of the American Dream to wealth, privilege, and the lack of humanity that those aspects create. We will write a custom essay sample on Fitzgeralds Satire on the American Dream in the Great Gatsby or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Money is clearly identified as the main culprit in the dreams death. It becomes easily entangled with hope and success and replacing their positions in the American Dream with materialism. This is shown through Gatsbys use of illegal practices and underground connections to make money. His lavish parties, huge mansion, and giant collection of clothing all represent his corruption. His use of status and privilege is demonstrated when his traffic violation is ignored by the police officer. But the worst qualities of the dreams modern face are evident in Tom and Daisy Buchanan, who live without any hopes or regrets because the foundation of their character is money and wealth. Nick describes the Buchanans as â€Å"careless people† who can retreat back into their money. Through the tragic story of Jay Gatsby and his failed attempt to reach his dream, F. Scott Fitzgerald also describes the tragic death of American values. The characters in The Great Gatsby are mere examples of Fitzgeralds message- the old American dream and all of its pure ideals have been replaced with money, greed, and materialism. Nick Carraway conveys this message as an outsider, an honest man from the mid-west who witnessed the whole affair as an observer. Fitzgerald shows us the life and death of the old American Dream. Fitzgeralds Satire on the American Dream in the Great Gatsby free essay sample In order to support this message, Fitzgerald presents the original aspects of the American Dream along with its modern face to show that the once impervious dream is now lost forever to the American people. This world takes a look at the fact that the rich and powerful were able to get away with whatever they want and simple ideals were forgotten. As the average American in the 1920s became more captivated with wealth and everyday luxuries, some began satirizing the hypocrisy and greed they observed. Fitzgerald conveys these observations with the general hopelessness of the book. Gatsby is one who is most hopeful to the American Dream, he embodies the belief in it, but he soon finds out that the very wealth and recognition that he so coveted was what caused the destruction all his beliefs. F. Scott Fitzgerald credits the destruction of the American Dream to wealth, privilege, and the lack of humanity that those aspects create. We will write a custom essay sample on Fitzgeralds Satire on the American Dream in the Great Gatsby or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Money is clearly identified as the main culprit in the dreams death. It becomes easily entangled with hope and success and replacing their positions in the American Dream with materialism. This is shown through Gatsbys use of illegal practices and underground connections to make money. His lavish parties, huge mansion, and giant collection of clothing all represent his corruption. His use of status and privilege is demonstrated when his traffic violation is ignored by the police officer. But the worst qualities of the dreams modern face are evident in Tom and Daisy Buchanan, who live without any hopes or regrets because the foundation of their character is money and wealth. Nick describes the Buchanans as â€Å"careless people† who can retreat back into their money. Through the tragic story of Jay Gatsby and his failed attempt to reach his dream, F. Scott Fitzgerald also describes the tragic death of American values. The characters in The Great Gatsby are mere examples of Fitzgeralds message- the old American dream and all of its pure ideals have been replaced with money, greed, and materialism. Nick Carraway conveys this message as an outsider, an honest man from the mid-west who witnessed the whole affair as an observer. Fitzgerald shows us the life and death of the old American Dream.

Evaluating Strategy and Performance in British Petroleum Essay Example For Students

Evaluating Strategy and Performance in British Petroleum Essay Best Practise Approach is a cosmopolitan set of HR patterns which when applied to an Administration, improves public presentation ( Beardwell A ; Claydon, 2010 ) . Resourced Based View Approach is concentrating on the internal resources of an Organisation under different signifiers of competition ( Boxall A ; Purcell, 2003 ) . Outline1 1.2 BP S BUSINESS STRATEGY2 Bettering Safety Culture: BP is making a new safety division with the authorization to supervise and step in in the company s operations around the universe ( Wong, 2010 ) .3 1.3 RELATING HR MODELS TO BP S BUSINESS STRATEGY4 1.4 BP S HR ISSUES5 Decision6 Section 2A7 2.0 PERFORMANCE MANAGEMENT OF LEADERS IN BP8 2.1 Introduction9 2.2 WHAT IS PERFORMANACE MANAGEMENT?10 2.3 BP S PERFORMANCE ISSUES11 2.3.1 COMMON PERFORMANCE MEASUREMENT MISTAKES12 2.4 APPROACHES TO PERFORMANCE MANAGEMENT IN BP13 2.4.1 Cardinal PERFORMANCE INDICATORS ( KPIs )14 2.4.2 ATTAINING EFFECTIVE PERFORMANCE MANAGEMENT IN BP15 Planning16 Monitoring17 Development18 REWARDING19 Evaluation20 Section 2B21 2.5 HOW PERFORMANCE MANAGEMENT ENHANCES EMPLOYEES TO DELIVER BUSINESS STRATEGY IN BP22 Decision 1.2 BP S BUSINESS STRATEGY After the oil spill in April 20, 2010, BP decided to follow new schemes to better safety such as: Improve Performance and Reward: BP would mensurate public presentation and wages based on safety, soundless running and operational hazard direction ( Pfeifer, 2010 ) . New Leadership: Leadership was cited to be indispensable to better BP s industry safety record. Until safety is driven from the top and non merely from HSE section, the necessary alteration will non go on ( Askeland, 2010 ) . Bettering Safety Culture: BP is making a new safety division with the authorization to supervise and step in in the company s operations around the universe ( Wong, 2010 ) . 1.3 RELATING HR MODELS TO BP S BUSINESS STRATEGY Reflecting on HR theoretical accounts, BP appears to be following best tantrum attack in bettering public presentation and wages ; bettering safety civilization via best practise attack and deploying resource-based position attack for new leading. Therefore, it can be deduced that BP adopted best tantrum attack based on administration scheme and associating this to HR scheme of improved employee public presentation. In add-on, BP adopts best practise attack in making a safety section thereby associating sets of HR practises to better public presentation of BP operations. It can besides be deduced that resource-based attack was adopted by internally naming a new leader to better public presentation. Newly appointed BP CEO, Bob Dudley gave a address on 25th October, 2010, that BP will larn from and use best pattern attack in the administration ( Wong, 2010 ) .Does this suggest BP is following Best Practise? Disadvantages of best practise are its sheer diverseness, weak corporate issue of work administration and employees voice ( Boxall A ; Purcell, 2003 ) . Disadvantages of best tantrum are employees involvements are overlooked, some houses are good all arounder so HR patterns unlikely to be based on one scheme, deficiency of edification in description of competitory scheme ( Beardwell A ; Claydon, 2010 ) . Disadvantages of resource-based position are: it focuses on internal context of the concern, ignores value and significance of common baseline features across industries ( Beardwell A ; Claydon, 2010 ) . 1.4 BP S HR ISSUES BP s HR issues identified are: no hazard rating, deficiency of employee s voice, hapless preparation on safety processs, hapless leading, deficiency of corporate civilization, and hapless public presentation direction systems ( Campbell, 2007 ) . Decision From the above, the importance of HR theoretical accounts alining to BP s scheme is imperative as it facilitates betterment of Organisational public presentation. This ensures appropriate HR theoretical accounts are synchronized to concern patterns therefore increasing chance for successful implementation.A Furthermore, an administration may take to use one or more combination ( s ) of HR theoretical accounts to accommodate specific demands. For case, an Administration might follow best practise attack towards bettering public presentation. This invariably may germinate and aline itself to the human resource scheme, therefore stoping up as best tantrum approach.A Section 2A 2.0 PERFORMANCE MANAGEMENT OF LEADERS IN BP 2.1 Introduction The ground for the pick in this country of human resource activity in British Petroleum is due to the designation of hapless Performance Management System. The essay aims at analyzing public presentation measuring of BP leaders, what attack should be implemented and how public presentation direction will assist the forces achieve high degree of organizational public presentation. 2.2 WHAT IS PERFORMANACE MANAGEMENT? Performance Management is a procedure which enhances the effectual direction of persons and squads to accomplish high degree of organizational public presentation ( Armstrong A ; Baron, 2005 ) . Performance Management is a system which relates to every facet of an administration set in context of its human resource policies, manner, civilization and communicating systems , and by deduction will change from one administration to another ( Armstrong A ; Baron, 2005 ) . Armstrong and Baron argue the rule value of public presentation direction is to give a holistic apprehension about the aims, and an attack in efficaciously fostering and taking people who will guarantee that it is achieved ( Beardwell A ; Claydon, 2010 ) . CIPD Fact Sheet on Performance Management ( Cannell, 2010 ) , states it should be: Strategic it is about broader issues and longer- term ends. Integrated It should associate assorted facets of the concern, people direction and squads. And it should integrate: Performance Improvement- for Organisational effectivity. Training- unless there is uninterrupted professional development of forces, public presentation will stagnate. Behaviour Management- forces should be encouraged in a manner that encourages better working relationships. 2.3 BP S PERFORMANCE ISSUES The BP oil spill in the Gulf of Mexico was one of tremendous proportions with far making effects within the part. Based on The Wall Street Journal, between 2007 and 2010, BP in a command to increase net income borders cut 7500 occupations and trimmed one million millions of dollars off their operational costs. As a consequence, in 2008 there was an addition in net income border of $ 25.6 billion and a evaluation of being the 2nd largest oil company ( Hershman, 2010 ) . Some Neo-Freudian Views On A Serial Killer EssayCommunication: It is imperative to guarantee effectual communicating throughout the Administration by associating the aims of the single constituents within the group. This will affect a well laid out chart of mutualities between the assorted concern sections clearly demoing the functional and public presentation relationships that all add up to accomplishing the ends of BP ( Armstrong, 2006 ) . Guaranting all stakeholders understand their functions: This is really critical in puting the phase for engagement by both employees and direction forces to the Organisation s ends and aims. BP Leaders should concentrate on this as it is common topographic point to happen unsettling voices and belittling behavior forms amongst employees that do nt hold a sense of belonging within the Organisation s broader concern scheme. This constantly makes the vision simple for all involved and easier to run with ( Armstrong, 2006 ) . Harmonizing to Hansen ( 2006 ) , employees perform safely when functions, duty and relationahips are good defined and aligned to the administration. Training and Development: This ensures each person is equipped with needed accomplishment and ability to run into their contractual duties within the BP corporate scheme. It will hold to travel beyond single preparation on relevant work sets which in itself are good nevertheless ; a broader development plan should be evolved with a position towards guaranting Organisational capableness of the BP group ( Armstrong, 2006 ) . Ensure uninterrupted reappraisal and feedback: This would assist extinguish complacence on the portion of forces by incorporating such reappraisals into the full corporate scheme. It is extremely likely that a cohesive and good structured Organisational Chart with a series of cheques and balances will observe any issue early plenty and pull upon exigency systems merely in clip to forestall tremendous catastrophes similar to that in the Gulf of Mexico ( Cannell, 2010 ) .BP s employees would execute safely if prosodies measured do safety an of import step of their public presentation ( Hansen, 2006 ) Wages: The non-financial wagess such as counsel on calling waies, range to develop accomplishments and chances to accomplish are longer permanent and more powerful impact than fiscal wages ( Armstrong, 2006 ) . BP should honor staff based on safety public presentation and competency as this would promote occupation battle and advance committedness ( Hansen, 2006 ) . Planning Monitoring Development REWARDING Evaluation Figure 2.4.2: Performance Management Five Key Components: Beginning: ( Anon. , 2001 ) Section 2B 2.5 HOW PERFORMANCE MANAGEMENT ENHANCES EMPLOYEES TO DELIVER BUSINESS STRATEGY IN BP Leadership: For Performance Management to be effectual, Organizational members must accept it, believe it is worth the clip and be motivated to utilize it ( Pulakos, 2009 ) . BP Leaders should acknowledge that safety requires a conjunct attempt by everyone, from brotherhood and non-union to direction ( Hansen, 2006 ) . Therefore, success depends, foremost on the top direction support for the public presentation direction system ( Pulakos, 2009 ) . MEASUREMENT AND REWARD: BP Leaderships should utilize prima safety indexs with lagging incident steps to make a composite metric, which would enable employees and directors to carry through safety ends and to supply a scorecard to mensurate their success ( Hansen, 2006 ) . Based on this measuring, BP Leaders can honor employees and directors on first-class safety public presentation. A cardinal rule of honoring employees and directors is to associate it straight to public presentation ; this will take to motive. However, fillips must non go a everyday that employees and directors regard them as merely another entitlement ( Anonymous, 1997 ) . Communication: BP Leaderships should follow an effectual communicating system, informing employees on the clear outlooks, planning and assemblage undistorted feedback on safety ( Hansen, 2006 ) . However, if BP employees are voicing similar concerns about the new public presentation direction system, a great trade of good will should be generated to turn to the issue. This will demo employees that their determination are taken into consideration and therefore take to motive ( Pulakos, 2009 ) . Training: Harmonizing to Pulakos ( 2009 ) , employees and directors need to be able and motivated to carry on public presentation direction efficaciously. Thus, developing aids to carry through both of these aims. BP leaders should develop their staff on safety utilizing the schoolroom preparation attack as this gives room for feedback, training and development procedure. An advantage of utilizing the same preparation content for both directors and employees is that the same information on safety will be received and this can increase trust in how the system should be implemented. However, another position is that BP should develop staff at major measure of the public presentation direction procedure as this can be done at different point of the twelvemonth instead than a full twenty-four hours developing prior to the execution ( Pulakos, 2009 ) . RECRUITMENT AND SELECTION: Harmonizing to CIPD, Talent direction is a critical tool which should be aligned to public presentation direction. Talent direction is placing, developing, prosecuting and deploying persons with high potency who are of peculiar value to the administration ( CIPD, 2009 ) . Therefore BP should enroll the endowments of persons who would do a difference in the public presentation of an administration based on dependability and cogency choice trials. This is an indispensable procedure as this will guarantee the right people with the right accomplishments are at the right topographic point at the right clip ( CIPD, 2009 ) . 360 DEGREE FEEDBACK: BP Leaderships should implement utilizing the 360 degree feedback to acquire public presentation information of employees and directors from their co-workers, supervisor and clients ( Pulakos, 2009 ) . The feedback provides a perceptive about the accomplishments and behaviors desired in the Organisation to carry through the ends ( Kermally, 1997 ) . This will assist increase BP s persons self consciousness and the engagement of the people at all degrees of the Organisation. This reappraisal system helps better communicating and public presentation. Decision In visible radiation of the foregoing, it would look obvious that there is non a standardized solution that sufficiently addresses Performance direction as KPIs differ from one administration to another. Furthermore, edifice on the premiss that Performance Measurement is a uninterrupted procedure, its success is hence to be hinged on finding, dedication and uninterrupted reappraisal through which Organisations can ever measure the efficaciousness of their chosen prosodies and non merely do alterations ( where necessary to guarantee ends are being met ) but besides set higher criterions and ends to guarantee the Administration is at the highest degrees of public presentation.