Time Lags in Fiscal Policy Essays

Delays in Fiscal Policy Essays Delays in Fiscal Policy Paper Delays in Fiscal Policy Paper Financial strategy is the change in expenses and spending that influence the degree of GDP (O’Sullivan, p. 212, 2008). At the point when financial approaches are established, the objective is to see the economy develop to solid levels. Different explanations behind monetary approaches could incorporate balancing out the economy. These approaches should enable the economy to run at its maximum capacity. Congress and the President should be continually attempting to keep up a solid economy. There are times in any case, that an inadequately coordinated move could hurt and destabilize the economy. The issue with attempting to actualize approaches that will move the economy to its most elevated potential yield is that there can be delays. Attempting to gauge the economy resembles attempting to estimate the climate. At the point when strategy creators commit errors, they make world renowned downpour at our outing. At the point when the economy begins to back off, government authorities attempt to get the economy to run at its maximum capacity once more. The issue with this is here and there, the economy can address itself without strategies being built up. There are normally deferrals, or slacks in the approaches being executed. Much the same as should be expected, customary individuals, there are times that strategy creators are delayed to understand that there is issue that requirements amending. At the point when they at long last understand that there is an issue nearby, it might take the approach creators effort to respond. Two kinds of slacks can cause issues inside slacks and outside slacks. Inside slacks include the time it takes to detail an arrangement while outside slacks include the time it takes for the approach to really work (O’Sullivan, p. 214, 2008). The most serious issue with within slack is the time it takes policymakers to perceive moves in monetary markers. Policymakers attempt to depend on their determining aptitudes. In some cases their estimating is right, while different occasions, they are incorrect. This can cause large inconsistencies in the economy. Another issue is the time it takes for strategy producers to understand that there is an issue and afterward fix the current issue. With outside slacks, strategies, for example, tax reductions set aside effort to really work. Outside slacks are typically short, yet in the event that they are planned inaccurately, the economy could really become destabilized. The most noticeably awful issue with slacks is that financial analysts are assuming the job of the meteorologist in anticipating what will befall the economy. It is difficult for them to know whether a financial log jam is simply impermanent or in the event that it will be a long downturn. For instance, if financial analysts foresee that the economy will be working over its latent capacity, and the administration executes an approach to get the economy to its maximum capacity, however not over it, and afterward the economy gets frail before the arrangement happens, the whole economy could become destabilized. Strategy creators must comprehend this chance and put forth a valiant effort to limit mistakes. Reference OSullivan, Shefferin, Perez. (2008). Financial aspects: Principles, Applications, and Tools. Upper Saddle River, NJ: Pearson Education, Inc.

Heteronormativity Kritik free essay sample

This section is about sex, yet not the sex that individuals as of now have clearness about. Space as a human, political area is composed around sex, yet a sex that is implicitly found, and once in a while spoken, in authentic talk. The poliâ ­ tics of space investigation, militarization and commercialization as they are imagined and polished in the US, typify a qualification among open and private (and fitting practices, implications and personalities in that) exceptionally reliant upon heteronormative chains of command of property and legitimacy. The focal point of this section is to show how US space talk, a magnificent talk of mechanical, military and business prevalence, configutes and endorses achievement and effective conduct in the legislative issues of space in especially gendered structures. US space talk is, I contend, predicated on a heteronormative talk of triumph that replicates the strength of hetero masculinity(ies), and which progressively arranges the development of other (subordinate) sex characters. We will compose a custom paper test on Heteronormativity Kritik or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Perusing the legislative issues of space as heteronormative proposes that the talks through which space exists comprise of foundations, structures of understanding, down to earth directions and administrative practices sorted out and special around heterosexuality. As an especially prevailing verbose game plan of space legislative issues, US space talk (re)produces significance through gendered presumptions of investigation, colonization, monetary undertaking and military victory that are profoundly gendered while introduced as all inclusive and unbiased. US space talk, which overwhelms the contemporary worldwide legislative issues of space, is therefore framed from and upon foundations, structures of comprehension, and down to earth directions that benefit and standardize heterosexualiry as widespread. Accordingly, the authoritative verbose legitimizations of room investigation and triumph ,re)produce both heterosexuality as plain (that is, altogether normalâ ­ ized) and the hetero goals that comprise appropriate space-capable individuals, practices and practices. As the prologue to this volume features, the investigation and usage of space can hitherto be held up as a reflection of, as opposed to a test to, existent, presently bound, political examples, practices and driving forces. The additional opportunities for human advancement that the application and improvement of room innovations challenges us to make are grounded uniquely in the strategyâ ­ fixated (be it financially, militarily or something else) real factors of contemporary worldwide governmental issues. Space is a calculated, political and material space, a spot for impacts and intrigues (truly and figuratively) between objects, thoughts, personalities and talks. Space, similar to worldwide relations, is a worldwide space in every case socially and privately inserted. There is nothing out there about space. It exists as a result of us, not regardless of us, and it is this that implies that it just bodes well in social terms, that is, according to our own developments of character and social area. In this section, space is the risky to which I apply a sexual orientation examination; a field wherein past, current and future arrangement making is installed comparable to specific exhibitions of intensity and reconfigurations of character that are consistently, and not unexpectedly, gendered. Successful and fitting conduct in the governmental issues of ourer space is designed and endorsed in especially gendered structures, with heteronormative sexual orientation guidelines investing external spaces chains of command of innovatively predominant, conquesting execution with theif ordinary force. It is through sex that US techno-vital and astro-political talk has had the option to (re)produce space as a heterosexualized, masculinized domain. Heteronormativity K 1NC 2. The drive to colonize space blocks eccentric personalities and concretizes sexual contrast. This fortifies heterosexism and transforms ladies into items. Casper and Moore 95 (Monica J. , Ph. D in humanism from the University of California, San Francisco, women's activist researcher and scientist on conceptive equity. Lisa Jean, Ph. D in human science from the University

Getting Ready to Apply - UGA Undergraduate Admissions

Getting Ready to Apply - UGA Undergraduate Admissions Getting Ready to Apply The 2017 Freshman application will open up on September 1, so here are a few things to help prepare for this process. Always take care of things well before a deadline.A student who applies and submits all documents well before a deadline shows that they are the type of person who does not wait until the last moment to do things, from applying to studying to going to class. If X university is number one on your list of colleges, act like it. We do not make different decisions based on this, but it helps everyone involved. Be prepared when you sit down to start the application. Before you start your application, make sure you have the following items on hand; your correct Social Security Number (SSN), a copy of your transcript which shows grades from 9th through 11th grade, a copy of your resume, your SAT/ACT/AP scores (for entering in the score area, but if you have sent them to UGA already, they will show up on the app), and your counselors contact information including email. As well, have your payment information handy (either a credit card number or a digital copy of a fee waiver). Our new application system has you enter in your counselors contact info and email when you apply, so make sure to have it handy. Proofread your application before you submit it.I am not just talking about proofreading your essays, but instead checking your whole application to make sure you are giving us the information you want us to see. We receive hundreds of emails right after a student applies to UGA asking for us to add X to their file where they forgot something, correct Y where they made a mistake, etc. After you complete your application, go over it one more time to make sure your birth date is right, all the clubs/activities that you want us to know about are listed, and your information looks correct. We even have one section that just lists the 8-10 most important items with your responses, and we ask you to make sure these are accurate before you hit submit. Be kind to your counselors and teachers.Make sure to give your HS counselor and any teacher who will be writing recommendations for you time to do their part. Dont rush in the day before the deadline to ask them for help, but instead give them 2 or more weeks if possible. Dont listen to rumors/myths about college admissions.I have been over this many times, so I wont beat a dead horse. All I can say is that I have had three surgeries in my life, but going through the experience does not make me a doctor, just a good patient. Map out your college application plan.If you are like most students, you will apply to 3-5 colleges. If this is the case, you will have to track the deadlines, materials timelines and actions needed for all of these colleges. Get a calendar (electronic or paper) just for admissions timelines, and enter in the deadline dates, scholarship dates, campus programs, deposit dates, etc. for all these colleges. This is the best way to keep this process organized and to not miss out on something. The worst calls we handle are when a student did not do X by a certain deadline and we cant do anything for them except say sorry. Let your parents be involved in the admissions process, but only so much.It is okay to allow your parents to be a part of the college admissions process, but make sure that you are the one who completes the application, writes the essays, etc. Your parents can be great at helping you keep track of deadlines, make plans for visiting colleges, and giving you suggestions about your application. In the end, though, make sure you are the one driving/managing this process, as you are the one who will be at college next year. I hope this helps, and Go Dawgs!

The Issue Of Gun Control - 1271 Words

Gun Control is a form of restriction of firearm and firearm related products away from the people in the form of legislation. Many think that gun control is an honorable cause because they think keeping people away from guns will reduce the amount of deaths instantly and over a period of time. Also whenever people hear the word gun, heads instantly race towards negativity and violence. Many people believe think gun control is wrong and that it is not necessary, since many know that guns were not involved in a decent amount of the deaths caused each year. Also that it is not the gun to blame but the person using it as a tool to inflict evil upon others. While many other people disagree and think it is good because of the safety for others.†¦show more content†¦However, when a politically charged group presents rational arguments against capital punishment or demonstrate multiple instances where government has mistakenly executed innocents, such reasoning is often no match for society’s call for blood. The same is true of gun-control advocates. As columnist Thomas Sowell has noted: â€Å"The key fallacy of so-called gun-control laws is that such laws do not in fact control guns. They simply disarm law-abiding citizens, while people bent on violence find firearms readily available. If gun-control zealots had any respect for facts, they would have discovered this long ago (Sowell).† If a government were to remove guns from a household, one can t commit suicide or accidentally shoot themselves and so on. Now the conclusions that most will draw are, great, problem solved, but in reality, it s not that easy. Removing gun deaths doesn t answer the criminology question of did we reduce overall homicides and how did we impact other crimes such as burglary, arson, etc. You may curb one crime to cause more. You only hurt the law abiding citizens who wish no harm on anyone unless they’re life is threatened. Great example for a similar subject. We ban drinking to get rid of all the evils associated with alcohol, which we did, from 1920 to 1933. It actually did decrease the overall rates of alcoholism, but violent crimes wentShow MoreRelatedGun Issue And Gun Control1401 Words   |  6 PagesUniversity, Gun Politics has been a course I have aspired to take. While many enroll in such a course looking for an escape from the â€Å"collegiate liberal echo chamber† or as an outlet for their conservative agendas, I saw the class as an â€Å"entrance to the dark side.† My views on guns prior to the class were, I would call, polarized yet uninformed. In most of my discussions, I would cite the Australian 1996 National Firearms Agreement as precedent for how American politicians should approach the gun issueRead MoreThe Issue Of Gun Control Essay1646 Words   |  7 Pagessomebody who wants to inflict harm on other people to get his or her hands on a gun.† (Simple Minded Gun Control). Gun control is a controversial issue worldwide. The reason wh y this has attracted so much attention is because not everyone is in favor of gun control and each side brings up excellent points about the issue. Research related to this issue strongly supports the claim that there SHOULD be more gun control laws. Three arguments that prove this position are (1) Incidents like Sandy HookRead MoreThe Issue Of Gun Control1489 Words   |  6 Pagessplit on the issue of gun control. We have seen many violent shootings and innocent people dying because of gun violence. Some Americans believe we need strict gun laws to protect our children and ourselves from these horrific tragedies. Other Americans believes it is our rights as Americans to posses’ guns and we are entitled to that right in our constitution. There are also some Americans that are stuck in the middle and can see both sides but recent events have definitely caused this issue to be inRead MoreThe Issue Of Gun Control1031 Words   |  5 Pagesintegrate them in a way that will trigg er a new viewpoint on the subject. Gun control is something that should be enforced across the world in order to save lives. In the United States there is a ratio of 88.8 guns per one hundred persons (GunPolicy.org). Those numbers award us with the highest total per capita number in the world. With that amount of firepower there needs to be an efficient way to regulate who exactly can purchase a gun. Since 1791 when the second amendment was ratified there have beenRead MoreThe Issue Of Gun Control1705 Words   |  7 Pagesaway without preface or reason. All someone needs to do is pull the trigger. In today’s world, guns are far too accessible to the people of society. We hear in the news, stories of mass shootings, homicides, and suicides; most of which are caused by the activation of a gun. A hot-button issue, gun control is one of the most debated topics in American politics. Should we, or should we not, be able to own guns? Although it infringes on the Second Amendment th at provides the right to bear arms, this amendmentRead MoreThe Issue Of Gun Control951 Words   |  4 PagesGun control has been a big topic for the past decade in the united states. These debates will rise and fall time in and time out after something horrific happens in the state. Anti-Gun supporters do not realize that it is extremely difficult to regulate something in the states that is a big portion of our economy.Would stricter gun laws change anything? So far statistically It has been proven otherwise one must consider how a citizen would defend themselves when they are faced with terror. How willRead MoreThe Issue Of Gun Control929 Words   |  4 PagesGun Control Getting arrested yesterday was not the highlight of my week. I was hungry; so I went to Wal-Mart get some charcoal, lighter fluid, and steak. I put the charcoal in the grill and the lighter fluid on the coals. I got a little lighter fluid on my arm, but I didn’t pay it much attention. I lit the match and threw it on the coals. I looked down and my sleeve was on fire. I was waving my arm in the air, trying to put it out. Then here they come the police pulled in and tackled me to theRead MoreThe Issue Of Gun Control1552 Words   |  7 PagesThe issue of gun is always controversial. Firearm can be used as defending or an assaulting weapon. In United States, firearm increase the rate of homicide, suicide and gun violence, which can harm and murder people. Moreover, taking away people’s gun will not work effectively because the murder and criminal will find another ways to get guns. Also, the black market will appear for the people who cannot get guns from regulated market s. In addition, if regulated guns are banned, murderers may useRead MoreThe Issue Of Gun Control1678 Words   |  7 PagesJanuary 2014 The 2nd Amendment Over the past few years, the issue of gun control has been widely discussed. You surely have heard the phrase, â€Å"Guns don’t kill people, people kill people† uttered and i wholeheartedly support this statement. It is important to treat guns responsibly so they do not end up in the wrong hands. I believe gun control violates our inalienable rights. Another piece of our liberty will surely be taken away if guns are banned, and socialism and totalitarianism will be rightRead MoreThe Issue Of Gun Control1208 Words   |  5 PagesWill Christopherson Traverson English 2 1 March 2017 Gun Control The United States has 88.8 guns per 100 people, or about 270,000,000 guns, which is the highest total and per capita number across the globe. The current public gun control debate in the United States seems to be placed on standby until it is sparked up by a major mass shooting. There were at least 126 mass shootings between January 2000 and July 2014.(pro). Opponents of more gun laws accuse supporters of using a horrific event to further

Fast Food Is Getting Better By The Year Essay - 1113 Words

Fast food is getting better by the year. You can see how restaurants now have calorie information on the menu. McDonald s is a good example of this, they have been reducing the intake from their products. Michael Pollan claims that processed foods are the main reason why we are being exposed to heart decease, diabetes, and cancer. Theoretically, he could be right. David Zinczenko, Mary Maxfield, and David H. Freedman are the authors that I chose to show their points on why I disagree with Pollan’s theory. David Zinczenko says that there are more ways to prevent obesity. Mary Maxfield says that we should trust ourselves and meet our needs. David H. Freedman says that Pollinites, Pollan’s followers, are confused, yet they should not be because Pollan should be able to provide them with information on what to eat, yet he can t. Pollan tells us that we should simply avoid fast food but he lacks information that is concrete on his theory. To begin with, Pollan claims that we should simply avoid processed food because this will help reduce the obesity status. This is true to an extent, but he does not inform us with other ways to help us fight against obesity. Not everyone can just buy organic food because organic food tends to be a bit more pricey. Pollan does not take in different perspectives like low income families compared to high income families. Enter David Zinczenko, a young boy who came from a broken family. Zinczenko’s mom was to busy paying the monthly bills and hisShow MoreRelatedA Debate Between Organic Foods And Non Organic Food1689 Words   |  7 PagesOver the last few years, there are many things have changed such as, technology, agriculture and many more things. Technology is getting better and better day by day for humans need and survivenment, but one thing is that human will never be able survive without food. Food comes from farms and animals. There are many ways for farming like organic farming, conventional farming, comm ercial farming, multi-crop farming, factory farming and many more other technique of it. Farming has a significant roleRead MoreFast Food And Its Effects On America1546 Words   |  7 Pages Fast Food in America We don t walk. We overeat because we ve made it easy to overeat. We have fast-food joints on every corner. By the way, the we is all of us. It s not the government. It s all of us doing this together.†(Mehmet Oz). Fast food has been affecting Americans lives since the 1919’s and 1920’s where the first fast food restaurant originated. They were called AW in 1919 and White Castle in 1921. More than 3 million cases of obesity in America happen a year. Over timeRead MoreObesity : Obesity And Obesity917 Words   |  4 Pages Obesity, along with childhood obesity, has become an even bigger issue in the past thirty years and will continue to be a problem until it is better addressed. According to Sarah Muntel, 33.8 percent of the U.S population is affected by obesity (1). That is about one third of America’s citizens, meaning that approximately one third of Americans are suffering or will suffer major health problems aside from being obese. Amaya Mandel stated , â€Å"obesity is linked to several long term health conditionsRead MoreAmericans Attitude Towards Food1399 Words   |  6 PagesAmericans attitudes towards food could be said that it varies towards different groups such as: race, age, lifestyles, etc. one thing could be said that at a point they all eat fast food for different reasons. Even though some might eat more than others fast food has became a part of the American culture. As it was mentioned in ‘Super Size Me’, in the American culture, Americans like everything big. â€Å"We have the biggest cars, biggest houses, biggest companies and now the biggest people†, seems thatRead MoreDon t Blame The Eater Essay974 Words   |  4 PagesMany people assume that the blame for unhealthy lifestyles of Americans should be justly placed on the numerous fast food restaurants located throughout America (Ch.1, pg. 24). David Zinczenko is one of these people. In his paper titled Don’t Blame the Eater, he argu es that because these restaurants are on every corner, and because they do not blatantly offer nutritional menus, that fast food eateries are at fault. Zinczenko contradicts himself; on the one hand, he argues â€Å"whatever happened to personalRead MoreBenefits Of Eating At A Restaurant851 Words   |  4 Pagesout and wasting cash on fast food all the time. The advantages of dining in are that people can save money, it can be healthier, and there is more family bonding time. One of the most important reasons to stay home and prepare one’s own meal is that money is being saved. Buying all the ingredients to assemble  ¬the lunch or dinner is not that expensive. It is affordable if the shopping is done wisely. Chiara, a marketing and events consultant said that eating homemade food is a lot cheaper than eatingRead MoreCauses of Obesity in America Essay examples922 Words   |  4 Pagessudden rise in obesity, and what we can do to fix it. Education of risks and solutions can be very helpful. Obesity is killing so many people, yet is still 100 percent avoidable. Our country is beginning to care less and really let themselves go. The fast food industry, supermarkets, and schools are the ones at fault for the spreading problem of obesity. To start exercising this issue we need to see what available options there are to turn this around. We have to start at the source and identify what weRead MoreObesity : Questions And Answers On Health Care Stakeholders1408 Words   |  6 Pagesthe incidence of obesity among the residents would impact health care providers, insurance companies and fast food restaurants. Enacting a policy to address obesity would directly impact health care providers. Health care providers would discuss with patients that are obese and how they could lose weight. This means that health care providers will be getting more patients which equals to getting more money. An individual that is obese will be at risk for many health conditions. That individual willRead MoreBrand Analysis of Five Guys Burgers and Fries1414 Words   |  6 Pagesemerged as a brand that is renowned for its ability not to be considered as a fast food chain since customers are getting quality food at any time and in any location. In addition to advocating for quality control, Five Guys Burgers and Fries toast their buns on a grill. The food joint is committed to production of quality foods through fresh ingredients, simple menus, never-frozen meat, and classic flavors in its entire food production process. As a result of its commitment to these values, Five GuysRead MoreChildhood Obesity in America Essay1001 Words   |  5 Pagesrefrigerator to get food it should classify as obese. Most cases of obesity don’t start later, in life there are some cases, but it is usually from young age. The parents of these kids should be punished for making their kids become like this. Thousands of young children know who the spokes person for the fast-food chains are but can’t answer simple questions about famous people. Child obesity in America is getting worse before it will become better because of the lack of healthy food, lack of proper

Meyerland Plaza †Real Estate Finance Free Essays

This paper will take Chip Douglas and Steve Clark into a big decision on how to recommend to HMC the redevelopment of Meyerland Plaza. Because of the existing problem that took place 1980’s by the lending who take advantage the practice of lending and savings loan institutions the SL who owns one parcel of the Meyerland Plaza lot. The WC who called Chip and Steve was confident that they could leverage their leasing and development experience into larger-scale transactions. We will write a custom essay sample on Meyerland Plaza – Real Estate Finance or any similar topic only for you Order Now They were willing to make a significant co-investment of their own capital into the Meyerland redevelopment a deal that they had been working on for the past three years. Persuading the MHC to Invest in the Redevelopment of Meyerland Plaza Meyer land Plaza’s location is situated from on a 59-acre site fronting the West loop of Interstate 610 in fully developed southwest Houston. Meyerland Plaza is three miles from Houston’s Galleria area and the Texas Medical Center. The site was bordered on the North by a   small strip shopping center, on the south and west by west existing residential development, an on the East by the West Loop 610 freeway. The place has 365,000 people (166,000 households) with income of $48,000 by 1999 will increase to 422,000. Beside the population was increasing yearly and the demand also increase. With this situation the HMC would not hesitate to invest to Meyerland Plaza as one of the promising company in the future. Risk that the HMC consider in Investing to Meyerland Plaza It involves big Investment of about $19.5 million in equity and $35.2 million in construction debt. Most developer were wary of the exposure of closing a floating-rate construction and planning permanent, fixed-rate financing at a future undefined rate. Another factor to consider was the relative volatility of returns to retails development deals versus office or industrial deals. Mitigation that can be Foresee on the above Issue The proposed redevelopment will offer the unique combination of the economics of the power center at the size of a typical regional mall. The project generate a highly predict table cash flow given the credit quality of the tenants. The proposed redevelopment will offer the unique combination of the economics of the power center at the size of a typical regional mall. Anticipated returns are 18% to 24% base4d on a five year holding period. Conclusion Chip and Steve had made a good decision in recommending to HMC because it is a good site and the populations in these areas are increasing yearly. According to the survey the community living in that area need a convenient shopping that Myer land Plaza can offer. The location is good that located within a densely-populated, stable trade area accentuated by significant purchasing power. Beside most power centers are on the fringe of markets demographic visibility and access from Loop-610 North south. There is no doubt that investment of HMC will surely return in shorter period of year. In general, based on the above mitigation, if I were Chip and Steve, I also recommend to HMC in investing the redevelopment of Meyer land Plaza. Reference Meyerland Plaza. 2006. October 9, 2006 How to cite Meyerland Plaza – Real Estate Finance, Essay examples

TAROM Romanian Air Transport

Question: Discuss about theTAROM Romanian Air Transport. Answer: Process for Online Booking Summary Specifications There are seven steps involved in the booking of the TAROM airline ticket. The first step includes the selection of the various attributes such as departure date, departure and arrival destinations which may be single or multiple, return date, type of trip, mode of payment, number of passengers, flight type and service class. Once these selections are made, next step includes the selection of flight and pricing method with an option to check the price. The matching details are then retrieved and displayed followed by the requirement to fill in the traveler details which include demographic and contact details. There is an option to select the seats as well followed by final purchase of the tickets. The tickets can be purchases instantly or within a period of 48 hours (in case of cash payments) and the reservation is required to be confirmed through the email sent on the registered email id. In case of instant payment, mode of payment is required to be selected such as debit card or c redit card and the details are required to be filled out. Once the booking is completed, a unique reservation number is generated to manage and modify the bookings later. The process exists to allow the users to book their flight tickets from any location and at any point of time. There are various options that are provided to the users in terms of their mode of payment, time of payment, choice of seats, choice of flight type and likewise. The automated process has been incorporated to ensure that the users can avail the services offered by TAROM with complete ease and avoid the repercussions of long queues at the ticket counters. The Business Process Modeling Notation (BPMN) of the entire process depicts the entire online booking process in the form of a map which is similar to the flowchart. BPMN map represents the various paths that can be followed to achieve the final goal that is the booking of an airline ticket [1]. For instance, there may be one user who may want to book a flight ticket in the economy class with mode of payment as debit card. On the other hand, there may be user who may want to book a return ticket through credit card. The BPMN map shows the various options and paths that are available for the users as per their preferences. Also, it brings out the usability of the entire process to ensure that maximum customer satisfaction is attained through the same [2]. Key Performance Indicators (KPIs) There are a number of KPIs that shall provide a clear picture of effectiveness of the entire process to achieve the business objectives. Hourly, Daily, Weekly, Quarterly, Monthly and Annual Bookings: The number of bookings that are done by the users through the online booking system will provide a picture of the ability to achieve the business objectives of the booking process. The primary objective of the online booking system would be to ensure that there is maximum number of sales that is maximum number of bookings done through the entire process; therefore a higher number will reflect better results. The same can be easily calculated with the automated online booking process that will reflect the orders completed at the required interval of time. There can also be partial and complete orders that can be retrieved from the system [3]. Site Traffic: There may be users who may not book the tickets online but check the flight frequency or price through the system. The higher the site traffic, the better will be the results in terms of the business objectives. The site traffic will be an essential KPI and can be calculated through a number of automated website analysis tools. These tools will also provide customized and automated reports on the type of site traffic and frequency of the same [4]. New Customer Order versus returning customers: There will be two types of customers on the site viz. new customers and returning customers. Every customer will be identified by a unique email id and the same shall be used to identify the number of new and returning customers over a period of time. This KPI will provide the picture on the customer engagement and popularity of the site in the market which are the two prime business objectives. The same can be calculated easily through the sales data of the automated online booking system. IT Based Process The example of online booking of airline tickets is an IT based process as it involved the use of Information Technology and Information Systems in the entire process and sub-processes that are associated with the same. There is an automated system that has been deployed that includes the automated code for various activities that are involved in the booking of an online ticket. For instance, the system sends an automated email to the registered email id of the customer as soon as the purchase is made. Also, the system retrieves the customer details in case of a returning customer and provides an option to modify the bookings through a unique reservation number [5]. Automated sub-processes like these have been deployed and implemented in the booking system which makes the entire process as an example of an IT based process. There is a front end and a back end that is present in the system wherein the front end of the system provides a graphical interface to the users to perform vario us activities involved in the booking of the ticket. On the other hand, the back end of the system is a database in which the entire information is stored and can be retrieved as and when required by the system. The presence of the front end and back end along with various interfaces to integrate them results in the overall functioning of the system. It is with the use of IT tools and equipment that automated system has been designed, developed and deployed to allow the users to make use of the same [6]. References Kazemzadeh Y, Milton S, Johnson L. Process Chain Network (PCN) and Business Process Modeling Notation (BPMN): A Comparison of Concepts. 2015.https://www.sciedu.ca/journal/index.php/jms/article/view/6494 (accessed 3 Mar 2017). Russo V. A Business Process Model for Integrated Home Care. 2015.https://www.sciencedirect.com/science/article/pii/S1877050915024825 (accessed 3 Mar 2017). MUNTEAN M, TARNAVEANU D, ION A. E-Commerce Performance. Shopping Cart Key Performance Indicators. Informatica Economica 2016;20:62-71. doi:10.12948/issn14531305/20.1.2016.06 Tsai YCheng Y. Analyzing key performance indicators (KPIs) for E-commerce and Internet marketing of elderly products: A review. 2012.https://www.sciencedirect.com/science/article/pii/S0167494311001464 (accessed 3 Mar 2017). Bermdez G, Rojas L, Bustelo C et al. Model Innovation of Process Based on the Standard e-commerce International GS1. Ijimai.org. 2012.https://www.ijimai.org/journal/node/372 (accessed 3 Mar 2017). Aldin N. Business development with electronic commerce: refinement and repositioning: Business Process Management Journal: Vol 10, No 1. Emeraldinsight.com. 2017.https://www.emeraldinsight.com/doi/abs/10.1108/14637150410518329 (accessed 3 Mar 2017).