Tuesday, August 25, 2020
To what extend the bretton woods institutions have functioned to make Essay
What exactly expand the bretton woods foundations have worked to make the world economy less prosperous and less steady - Essay Example Worldwide money related establishments were set up, for example, the World Bank (WB), International Monetary Fund, General Agreement on Tariffs and Trade and the International Bank for Reconstruction and Development. The thoughts behind Bretton Woods were open and free markets to forestall exchange alliances. Prior to World War II, nations contended with one another in an undesirable way in monetary patriotism. Exchange separation brought about hardly any nations getting rich while nations that didn't have a place with alliances were kept separate from the fleeting trend. This paper will examine how establishments of the Bretton Woods Conference, specifically the World Bank (WB), the International Monetary Fund (IMF) and the replacement to the GATT which is the World Trade Organization bombed their commands of improving the universal financial request. The present financial request depends on a one-sided framework in which solid countries forced their inclinations on different nation s. The quantity of exchange debates pending at different mediation bodies are unfavorably expanding. These assertion courts are seen as preferring more grounded countries in deciphering WTO rules albeit all individuals will undoubtedly submit to the standards. The respectable thought that facilitated commerce and open markets will increase the living expectations of everyone, in the idea of ââ¬Å"a rising tide raises all boats,â⬠didn't occur. More extravagant countries manage more fragile neighboring nations by two-sided exchange understandings (BTA) and unhindered commerce understandings (FTA) like the North American Free Trade Agreement (NAFTA), the Asia-Pacific Economic Cooperation (APEC) and Asean Free Trade Agreement (AFTA). These understandings practice separation by the award of most-supported country status (MFN) to nations in return for political or strategic contemplations. These understandings damage the non-segregation rule in the WTO contract. Conversation The in comparable Industrial Revolution occurred in majestic England 200 years prior. Premier among these creations was the steam motor. This pushed numerous enterprises, for example, coal mining and the iron mineral and steel businesses. Various variables made England the correct condition for which the Industrial Revolution occurred. It has a crude type of free enterprise (in lieu of the current medieval framework in a lot of Europe in those days), a mixture of the best personalities around then which examined original thoughts, the ascent of the assembling and material businesses and productive methods of raising generally modest capital around then (at 5% just versus 20%-30% in Europe). Britain was the privilege ripe ground for private enterprise. Karl Marx himself trusted England supported the development of private enterprise since it had all the fixings. Its oddity as a monetary framework was appealing to numerous areas since England had an abundance populace which should have been re-sent from ranches. Private enterprise gave the redeeming quality to the administration since individuals can be utilized in production lines in huge urban territories by entrepreneurs. The old primitive framework offered approach to new courses in the formation of riches through assembling and fares. Free enterprise got settled in with the correct mix of political and social changes (Hindess and Hirst, 1975:288). The Industrial Revolution and private enterprise are being talked about here to give the peruser a diagram of todayââ¬â¢s worldwide request which depends on the monetary arrangement of free enterprise. Previously
Saturday, August 22, 2020
Tobaco Indusrty Influence essays
Tobaco Indusrty Influence papers Throughout the most recent five years, scientists have determined that the adolescent smoking rates have climbed enormously. Diagram number one shows a consistent increment in the quantity of adolescents who smoke vigorously. Diagram number two shows how high school smoking has made a rebound, and how the quantity of adolescents smoke at times and who create heavier propensities has expanded forcefully as of late. The tobacco business and the pundits have altogether different thoughts why this fast increment of high school smoking is creating. The tobacco business says the expansion of adolescent smoking is because of a wide scope of social powers. The tobacco business additionally takes note of that the utilization of cigarettes have expanded, yet in addition the utilization of maryjane and different medications. The business additionally expresses that young people will in general agitator to the expanding endeavors to prevent them from smoking. Tobacco businesses state that the pundits over overstate the impacts of their showcasing. They likewise call attention to that high school smoking is additionally expanding in nations where most types of promoting have been prohibited. The pundits of the tobacco business concur with the business that resistance and different powers are a contributing variable, however state it isn't the prime explanation of the expansion in high schooler smoking. The pundits state the business is the most significant factor to the upraise. The industrys spending on residential publicizing and advancements have taken off structure $361 million out of 1970, to $4.83 billion of every 1994. That is a 250 percent expansion. A major piece of the explanation behind the flood in high school smoking was an extension by both Reynolds and Philip Morris in giveaways. Things like T-shirts were given out as an end-result of coupons aggregated by purchasing their cigarettes. A few pundits state it is Hollywoods long relationship with smoking that is by all accounts warming up. Stogies, they state, represent accomplishment as depicted in motion pictures like The Associate. All in all whether the expansion of young smoking is... <!
Friday, July 31, 2020
A Simpler Family Life Starting Life Anew with Our Six Kids
A Simpler Family Life Starting Life Anew with Our Six Kids The kids, Eva, and I looked out of the train at the cold, foggy day and couldnât help but shiver. It was the middle of June, and we were colder on our first day in San Francisco than weâd ever been, straight off a plane from Guam. Weâd left behind the only home weâd ever known, with a backpack each on our backs. It was quite a journey: from a tiny speck in the middle of the vast Pacific, to the most beautiful city in California, just on the verge of another tech boom. But the more amazing journey was that we each had just about all our possessions in the world on our backs. That would have been unthinkable only four years earlierâ"and I still had trouble believing my wife and kids would go along with such a crazy idea. In fact, I had my doubts: if it were just me, Iâd be OK with owning almost nothing. But here we were, starting life anew in an unknown city, with the kids never having lived in any city before, and we didnât have a home, beds, couch, or a car (nor were we planning to get a car). What kind of madness had I gotten our eight-person family into? Had I just made a huge mistake? With all of their trust resting on my shoulders, I was pretty worried. Everything turned out OK. We found a home after a couple of weeks shacking up in the living room of my cousinâs house, and we soon grew to love our new city. We found furniture on Craigslist, learned to explore the city by walking and riding mass transit, and found clothes in the great thrift shops. I learned to trust weâd be OK, even starting life afresh with not many possessions to speak of. I learned we can adapt, survive, and cope with the fear of not being OK. It still amazes me how far weâve come, from living in a home piled high with clutter and toys and furniture, to giving up that life. Itâs easy for me to make those kinds of changes by myself, but getting my wife who loved shopping and my kids who loved toys to changeâ"thatâs the miracle. How did we make those changes? I remember sitting the kids down in our house in Guam and talking to them about the idea of simplifying: they looked skeptical, and frankly a bit horrified, that I was talking about getting rid of their favorite toys. But we went into their room, where we couldnât even see the floor because it was covered in toys, and I pointed out that most of their toys they didnât play with. Some of them were played with once on Christmas day, only to be stuffed in the back of the closet and forgotten. Others you couldnât find even if you remembered to look for them, because they were buried in an avalanche of Legos and Transformers and trash. So I proposed an experiment: letâs box up just the toys they didnât like, and they could keep everything they really wanted and really used. I wasnât threatening their favorite thingsâ"just clearing the way so they could play with those favorite things more. Sorting through their junk was fun, and we turned it into a game: how many things could we put in the box that they didnât need? And wouldnât it be fun to give some of those things to kids who needed them more? Or give them as gifts to cousins? Decluttering became fun and generous. Eva and I were going through the same process with our stuff, boxing up piles of junk that had accumulated over the years. I told her she didnât have to get rid of her shoes, or her favorite clothes, and she was pretty cool with it all. Incredibly, sheâs one of the most minimalist people I know now, and travels for weeks with a tiny backpack smaller than mine. What a journey. We went through stages of decluttering, with our own stuff and with the kids. Wed remove a few boxes and give them away, and then spend another weekend the following month finding more things they didnât need. On and on we were shedding layers of dead skin, becoming new people. Christmas was the hardest transition: we used to go all out and buy them a mountain of toys, because it was fun. They adored Christmas Day for the gorging on gifts that it had become. We talked to them multiple times about what a waste that was, about how we were trying to get out of debt, about how our favorite times as a family were when we spent time together doing fun things. They got that, because their favorite memories werenât of toys, but of going to the beach, or playing board games, or going to a waterpark. So they eventually agreed to forgo toys for experience gifts, and that has become our tradition. I think we all still long for the Christmas consumerist feast sometimes, but we treasure the family trips we do together even more. Layer upon layer, we removed our junk and changed our habits as a family. It didnât happen overnight, but lasting change never does: It requires an adaptation of your mind to a new normal, one small stage at a time. It requires changing your buying habits, figuring out what your real needs are, and creating new family traditions. Weâve learned that meaningful change is a slow learning process, but then the best journeys always are. We came a long way from mountains of broken toys to a backpack each on our backs, entering a new city. This was a frightening sight, the fog of San Francisco, but it turns out, even with few possessions, we were well equipped. Learn more about Leo Babauta at his blog, Zen Habits.
Friday, May 22, 2020
Pk Electricss International Marketing Analysis - 2280 Words
PK Electricsââ¬â¢s international marketing analysis Contents Introduction 3 The reasons of entering international markets 3 Market Saturation 3 Market-related factors 3 Product Life Cycle 4 Two sources of information 4 The World Trade Organization 4 The International Trade Centre 5 Key Opportunities and Threats 5 Key Opportunities 5 Key Threats 6 The Selection Process PK Electrics would Use 6 Modes of Market Entry 7 Most Appropriate Mode for PK Electrics 8 Conclusion 8 Reference 9 Introduction Since PK Electrics was established in 1987 in Ningbo, Zhejiang province, China. It has grown from a local supplier producing a limited range of electrical cabling and switches to a national supplier of a wide range of electrical suppliesâ⬠¦show more contentâ⬠¦Moreover, it is a member-driven organization which nearly always works on a consensus basis. As an international organization it has a sound and accountable legal basis because all WTO members have ratified the WTO Agreements. [International Marketing: An Introduction] Since China joined the WTO in December 2001, it had to open some areas of market to foreign companies meanwhile, it will promote the export of China and it will also benefit PK Electrics entering the international markets. As an enterprise of China which is a member of WTO, PK Electrics should understand the nature of this organization and principles as well as membership of countries. Then, PK Electrics should access information about the external environment of its destination country, such as political factors. For example, the attitudes of the countryââ¬â¢s government, taxation policy and social cultures. In addition, the economic factors and human resources in terms of price of labor force if the company want to set assembly abroad. The International Trade Centre The International Trade Centre (ITC) is the technical cooperation agency of the United Nations Conference on Trade and Development (UNCTAD) and the WTO for operational, enterprise-oriented aspects of trade development. The ITC supports developing and transition economies, and particularly their business sector, in their efforts to realize their full potential for developing exports and
Sunday, May 10, 2020
Cuban Revolution Assault on the Moncada Barracks
On July 26, 1953, Cuba exploded into revolution when Fidel Castro and about 140 rebels attacked the federal garrison at Moncada. Although the operation was well-planned and had the element of surprise, the higher numbers and weapons of the army soldiers, coupled with some remarkably bad luck afflicting the attackers, made the assault a near-total failure for the rebels. Many of the rebels were captured and executed, and Fidel and his brother Raà ºl were put on trial. They lost the battle but won the war: the Moncada assault was the first armed action of the Cuban Revolution, which would triumph in 1959. Background Fulgencio Batista was a military officer who had been president from 1940 to 1944 (and who had held unofficial executive power for some time before 1940). In 1952, Batista ran again for president, but it appeared that he would lose. Together with some other high-ranking officers, Batista smoothly pulled off a coup that removed President Carlos Prà o from power. The elections were canceled. Fidel Castro was a charismatic young lawyer who was running for Congress in Cubaââ¬â¢s 1952 elections, and according to some historians, he was likely to win. After the coup, Castro went into hiding, knowing intuitively that his past opposition to different Cuban governments would make him one of the ââ¬Å"enemies of the stateâ⬠that Batista was rounding up. Planning the Assault Batistaââ¬â¢s government was quickly recognized by various Cuban civic groups, such as the banking and business communities. It was also recognized internationally, including by theà ââ¬â¹United States. After the elections were canceled and things had calmed down, Castro tried to bring Batista to court to answer for the takeover, but failed. Castro decided that legal means of removing Batista would never work. Castro began plotting an armed revolution in secret, attracting to his cause many other Cubans disgusted by Batistaââ¬â¢s blatant power grab. Castro knew that he needed two things to win: weapons and men to use them. The assault on Moncada was designed to provide both. The barracks were full of weapons, enough to outfit a small army of rebels. Castro reasoned that if the daring attack were successful, hundreds of angry Cubans would flock to his side to help him bring Batista down. Batistaââ¬â¢s security forces were aware that several groups (not only Castroââ¬â¢s) were plotting armed insurrection, but they had little resources, and none of them seemed a serious threat to the government. Batista and his men were much more worried about rebellious factions within the army itself as well as the organized political parties that had been favored to win the 1952 elections. The Plan The date for the assault was set for July 26, because July 25 was the festival of St. James and there would be parties in the nearby town. It was hoped that at dawn on the 26th, many of the soldiers would be missing, hungover, or even still drunk inside the barracks. The insurgents would drive in wearing army uniforms, seize control of the base, help themselves to weapons, and leave before other armed forces units could respond. The Moncada barracks are located outside of the city of Santiago, in the Oriente province. In 1953, Oriente was the poorest of Cubaââ¬â¢s regions and the one with the most civil unrest. Castro hoped to spark an uprising, which he would then arm with Moncada weapons. All aspects of the assault were meticulously planned. Castro had printed copies of aà ââ¬â¹manifesto, and ordered that they are delivered to newspapers and select politicians on July 26 at exactly 5:00 am. A farm close to the barracks was rented, where weapons and uniforms were stashed. All of those who participated in the assault made their way to the city of Santiago independently and stayed in rooms that had been rented beforehand. No detail was overlooked as the rebels tried to make the attack a success. The Attack In the early morning of July 26, several cars drove around Santiago, picking up rebels. They all met at the rented farm, where they were issued uniforms and weapons, mostly light rifles and shotguns. Castro briefed them, as no one except a few high-ranking organizers knew what the target was to be. They loaded back in the cars and set off. There were 138 rebels set to attack Moncada, and another 27 sent to attack a smaller outpost in nearby Bayamo. Despite the meticulous organization, the operation was a fiasco almost from the start. One of the cars suffered a flat tire, and two cars got lost in the streets of Santiago. The first car to arrive had gotten through the gate and disarmed the guards, but a two-person routine patrol outside of the gate threw the plan off, and the shooting started before the rebels were in position. The alarm sounded, and the soldiers began a counterattack. There was a heavy machine gun in a tower which kept most of the rebels pinned down in the street outside the barracks. The few rebels who had made it in with the first car fought for a while, but when half of them were killed, they were forced to retreat and join their comrades outside. Seeing that the attack was doomed, Castro ordered a retreat and the rebels quickly scattered. Some of them just threw down their weapons, took off their uniforms, and faded into the nearby city. Some, including Fidel andà Raà ºl Castro, were able to escape. Many were captured, including 22 who had occupied the federal hospital. Once the attack was called off, they had tried to disguise themselves as patients but were found out. The smaller Bayamo force met a similar fate asà they too were captured or driven off. Aftermath Nineteen federal soldiers had been killed, and the remaining soldiers were in a murderous mood. All of the prisoners were massacred, although two women who had been part of the hospital takeover were spared. Most of the prisoners were tortured first, and news of the barbarity of the soldiers soon leaked to the general public. It caused enough of a scandal for the Batista government that by the time Fidel, Raà ºl and many of the remaining rebels were rounded up in the next couple of weeks, they were jailed and not executed. Batista made a great show out of the trials of the conspirators, allowing journalists and civilians to attend. This would prove to be a mistake, as Castro used his trial to attack the government. Castro said that he had organized the assault to remove the tyrant Batista fromà office and that he was merely doing his civic duty as a Cuban in standing up for democracy. He deniedà nothing but instead took pride in his actions. The trials and Castro riveted the people of Cuba became a national figure. His famous line from the trial is ââ¬Å"History will absolve me!â⬠In a belated attempt to shut him up, the government locked Castro down, claiming he was too ill to continue with his trial. This only made the dictatorship look worse when Castro got the wordà out that he was fine and able to stand trial. His trial was eventually conducted in secret, and despite his eloquence, he was convicted and sentenced to 15 years in prison. Batista made another tactical mistake in 1955 when he buckled to international pressure and released many political prisoners, including Castro and the others who had participated in the Moncada assault. Freed, Castro and his most loyal comrades went toà ââ¬â¹Mexico to organize and launch theà Cuban Revolution. Legacy Castro named his insurgency ââ¬Å"the 26th of July Movementâ⬠after the date of the Moncada assault. Although it was initially a failure, Castro was ultimately able to make the most out of Moncada. He used it as a recruiting tool: although many political parties and groups in Cuba railed against Batista and his crooked regime, only Castro had done anything about it. This attracted many Cubans to the movement who may have otherwise not gotten involved. The massacre of the captured rebels also severely damaged the credibility of Batista and his top officers, who were now seen as butchers, especially once the rebelsââ¬â¢ plan ââ¬â they had hoped to take the barracks without bloodshed ââ¬â became known. It allowed Castro to use Moncada as a rallying cry, sort of like ââ¬Å"Remember the Alamo!â⬠This is more than a little ironic, as Castro and his men had attacked in the first place, but it became somewhat justified in the face of the subsequent atrocities. Although it failed in its goals of acquiring weapons and arming the unhappy citizens of Oriente Province, Moncada was, in the long run, an essential part of the success of Castro and the 26th of July Movement. Sources: Castaà ±eda, Jorge C.à Compaà ±ero: the Life and Death of Cheà Guevara.à New York: Vintage Books, 1997.Coltman, Leycester.à The Real Fidel Castro.à New Haven and London: the Yale University Press, 2003.
Wednesday, May 6, 2020
Identify Risk, Threats, and Vulnerabilities Free Essays
Some risks that I have identified are social engineering techniques due to the excessive trust given to messages coming from friends, contacts or followed people within the OSN(Online-Social Network) identity theft and information leaking furthermore, spam sending and malware distribution through Social Networks are increasing at an incredible pace. They are not the only threats. Within the World Wide Web, social network is becoming the favorite target for cybercriminals. We will write a custom essay sample on Identify Risk, Threats, and Vulnerabilities or any similar topic only for you Order Now This Attention requires an intensive focusing of web security efforts and money the most significant threats along with the common vulnerabilities exploited. Sensitive attribute inference through machine learning algorithms it is possible to infer sensitive data from one user. Collecting data from userââ¬â¢s contacts and experimented attacker can predict some not explicit data. For example, if all the friends of one user belong to one political party, it is safe to predict that the user has the same political tendencies. Excessive exposition of private data inadequate privacy configuration settings may lead to publishing sensitive information. Some of the threats are private data management is a key feature that I have found inside of social networks. Digital dossier building- Everyone can collect published information through different OSN about one user and extract a complete dossier about it, Secondary Data Collection users may grant the platform secondary information (such as IP address, contacts list, messages or visited pages) Re-identification in spite of using fake data to register on a Social Network it is feasible to associate users shared data (such as text, photos, and videoââ¬â¢s) with real names or e-mail directions. Vulnerabilities associated with OSN it is difficulty to completely remove all user information when deleting an account. When users try to leave a Social Network, license agreement clauses appear rights that are transferred to the platform when the content is uploaded. Thus if one would like to remove there uploaded material, it would find that the only way to do so is by deleting the videos or photos one by one manually another vulnerability would be weak authentication method on the internet are one of the most important vulnerabilities that web environments have nowadays. The combination of user-name and password is commonly misused by the user who seeks easy-to-remember login details (such as short user-name and passwords, passwords with no combination of numbers and letters same username and password for several domains) another vulnerability is non-validation of users data during registration process. Most of the OSN do not use a validation process during new userââ¬â¢s registration. Unfortunately, just checking a valid email address, the preferred validation requirements, is not an adequate method, which leads to proliferation of fake populating the network. In conclusion On-line social networks represent one of the last and most important internet services most of the enterprises hesitate to integrate OSN into their business model, this new phenomenon cannot be ignored, but neither can be adopted without knowing the risks account when attempting to protect users and systems. I have identified the risk, the threats that compromise them and noted the vulnerabilities exploited by those threats. How to cite Identify Risk, Threats, and Vulnerabilities, Papers
Wednesday, April 29, 2020
Unemployment Problem free essay sample
Unemployment is a great concern in Bangladesh. Every year hundreds of thousands student are coming out from college and university. Though it is one of the major responsibilities of the Government to provide job to those young generation but the Government is failed to meet the job demand among the large population. Only a tiny fraction of total jobless is managed by different government offices and private organization but a majority remain unemployed. Unemployed workers are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. Individuals who are actively seeking job placement must make the effort to: be in contact with an employer, have job interviews, contact job placement agencies, send out resumes, submit applications, respond to advertisements, or some other means of active job searching within the prior four weeks. Simply looking at advertisements and not responding will not count as actively seeking job placement. We will write a custom essay sample on Unemployment Problem or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Since not all unemployment may be open and counted by government agencies, official statistics on unemployment may not be accurate. Causes of Unemployment Historically for a long time British administration was the main cause of this problem. After ending Mughol regime when British came in Sub continent (India, Pakistan, Bangladesh) they started to do business, they exploited the sub-continent. They did not establish any Industry which is helpful to remove the unemployment problem. Though some Industry was made but all of them were placed in Indian Territory. So Bangladesh region was neglected from the British period. After ending British rule in 1947 Pakistan adopted the same rule they established all kinds of Industry in West Pakistan not in East Pakistan. As a result of Pakistani monopoly rule we saw the freedom fighting war in 1971. After nine months continuous war it is divided and named East Pakistan as a Bangladesh. After 1971 Bangladesh has been facing political crisis badly. As a result no government can take long term massive step to remove the unemployment problem. Within 37 years Bangladesh has experience about eight new governments and two assassination incident at the top level country leader. So now political crisis is one of the major causes of unemployment problem in Bangladesh. Among others two major parties BNP and Aowamileague are busy to gain only political power. None of these parties are trying to do anything to solve the countryââ¬â¢s major problem ââ¬Å"UNEMPLOYEMENT PROBLEMâ⬠Recent attitude and activity of political parties are very hateful to the common people. By election if a party goes to power then another party cannot accept that, they do not go to parliament they do not express constructive opinion in the parliament which is helpful for common people. But they should not do it. May be there is some discrimination of the election result but there are overall acceptation of the common people. To think about greater welfare of the country they should keep patient, they should support the Government they should assist the Government to take the long term strategy to remove the unemployment problem. Types of Unemployment Frictional unemployment Frictional unemployment is the time period between jobs when a worker moves from one job to another. Frictional unemployment is an example of a productive part of the economy, increasing both the workers long term welfare and economic efficiency, and is also a type of voluntary unemployment. Frictional unemployment is always present in an economy, so the level of involuntary unemployment is properly the unemployment rate minus the rate of frictional unemployment, which means that increases or decreases in unemployment are normally under-represented in the simple statistics. Natural rate of unemployment The natural rate of unemployment is defined as the rate of unemployment that exists when the labor market is in equilibrium and there is pressure for neither rising inflation rates nor falling inflation rates. Classical unemployment Classical or real-wage unemployment occurs when real wages for a job are set above the market-clearing level, causing the number of job-seekers to exceed the number of vacancies. Cyclical unemployment Cyclical unemployment, also known as deficient-demand unemployment, occurs when there is not enough aggregate demand in the economy. Cyclical unemployment is caused by a business cycle recession, and wages not falling to meet the equilibrium level. Cyclical unemployment rises during economic downturns and falls when the economy improves. Keynesians argue that this type of unemployment exists due to inadequate effective aggregate demand. Demand for most goods and services falls, less production is needed and consequently fewer workers are needed, wages do not fall to meet the equilibrium level, and mass unemployment results. With cyclical unemployment, the number of unemployed workers exceeds the number of job vacancies, so that if even all open jobs were filled, some workers would remain unemployed. Structural unemployment Structural unemployment occurs when a firm or industry closes down due toa parmanent decline in the demand for its products. It also occurs when labor market is unable to provide jobs for everyone who wants one because there is a mismatch between the skills of the unemployed workers and the skills needed for the available jobs. Structural unemployment is hard to separate empirically from frictional unemployment, except to say that it lasts longer. As with frictional unemployment, simple demand-side stimulus will not work to easily abolish this type of unemployment. Costs of Unemployment Lost Prodoction The single largest costs or unemployment is losi production. Unemployment is thus negatively related with GDP. It has been estimated that 1 extra point of un ployment redusec GDP by 2 percent The Distribution Impact The costs of unployment are not borne evenly by different sections of the population. It is the unemployrd people who suffer most. In general unemployment hits the poor people harder than the rich. Lost Tax Revenue Employed people pay taxes on their wages. Society in general benefits from the revenue. Increased Unemployment means loss of tax revenue. Social and psychological Impact Idleness and lrngthy periods of unemployment makes people rusty and less productive.
Friday, March 20, 2020
Henry Lawson essays
Henry Lawson essays Henry Lawson, also referred to as the peoples person, was one of Australias best well-known and respected poets. His works have been said to be an integral part of our national identity and culture and reflect the current events that were occurring at a time during his life. These influences were the Asianisation of Australia, the bush and its people, his feelings, thoughts and emotions. Lawson was born on the goldfields of Grenfell, New South Wales in 1867 and later passed away in 1922. As a young child Lawson was faced with the problem of limited resources and it was because of this that all of his education was taught by his very independent and influential mother, Louisa. At only nine years of age Lawson was struck down with an ear infection that left him partly deaf. Due to this problem by his fourteenth birthday Lawson was diagnosed completely deaf. This is the reason that he obtained a great talent for observing people and the way in which they acted. This is seen in the following verse: I look in vain for traces of the fresh and fair and sweet, In swallow, sunken faces that are drifting through the street, Drifting on, drifting on, to the scrape of restless feet, I can sorrow for the owners of the faces in the street. The purpose of this poem is to help Lawson express his feelings about his profound deafness and the sorrow he feels for himself and the people in the street who are not blessed with what he thought to be beauty. Lawson was born into a poverty stricken and unhappy family and he grew up to become a bitter and confused man who always believed that life would get better......but unfortunately for him it did not. It was due to lifes though experiences that Lawson started writing to express himself. At age twenty-one Lawson started to publish his poems in the Bulletin and through these publications people sensed that he understood life in Australia and the hardship of ...
Wednesday, March 4, 2020
6 Steps to Accepting a Job Offer With Professionalism
6 Steps to Accepting a Job Offer With Professionalism All right! After rounds of applications, interviewing, and your very best professional behavior, you have a job offer. The company liked it, and now they want to put a ring on it. How you react to this offer can really set the tone for your tenure as the newest employee of JobCorp, so be sure to play it the right way. 1 .à Say thank you.Even though youââ¬â¢ve already sent a thank-you note to everyone whose inbox you touched through this hiring process (you have sent those notes, right?), you still need to thank whoever is extending you the offer. It could be your new manager or it could be a Human Resources hiring specialist youââ¬â¢ll never see again, except at company-wide pizza parties. Regardless, extend a hearty ââ¬Å"thanks,â⬠and be sure to tell them how excited you are about discussing the offer further.2.à If itââ¬â¢s not in writing, get a paper trail.Some companies like the personal touch of calling candidates to extend an offer. This is usually followed by a confirmation email or letter, but itââ¬â¢s on you to make sure that step is forthcoming. It can be as easy as saying, ââ¬Å"Great, thanks so much! Will you be sending me the details and next steps in an email?â⬠That way, you have all the necessary details after you start to come down from the I got the job euphoria.3.à Make sure you understand the timeline.Itââ¬â¢s okay to ask how long you have to give a final answer. You donââ¬â¢t win anything for responding in record time, and employers expect that there will be some negotiation happening. If the answer is that you need to answer immediately, thatââ¬â¢s not a great sign- a day or two is a very reasonable request for making such a big decision.4.à Get ready to negotiate.Once you have the details about salary, benefits, and job description, decide whether they work for you. This is your chance to bump up your offer package. You may or may not be successful depending on what youââ¬â¢re asking and what t he company can give, but having realistic asks ready to go will help keep things moving.5.à Once youââ¬â¢re ready to say yes, make sure all details are clear.Reiterate (in writing if possible- remember the paper trail) the details of the offer, including salary, start date, and any points that you negotiated. From a legal standpoint, it makes everything clear, but that doesnââ¬â¢t mean you should see this as an adversarial thing where youââ¬â¢re likely to see your new employer in court someday. Really, itââ¬â¢s just as much for your own benefit, to make sure you have everything straight in your own head. That way, there are no nasty surprises on day one.6. After you say yes, start asking transition questions.Is there an orientation for new employees? Do you need to fill any paperwork out before you start? Can you get your million dollar signing bonus in gold coins? (That oneââ¬â¢s assuming the negotiation went really well.) It shows that youââ¬â¢re already a full y engaged employee, and it will keep you excited for your new start as you prepare to say goodbye to your current job.
Sunday, February 16, 2020
Theater Art Essay Example | Topics and Well Written Essays - 500 words
Theater Art - Essay Example This is a film that is very much about faith, in particular Larry's faith. He is beset by a series of very difficult and painful personal problems. His wife has left him, his children have problems, at work there are a number of issues. Everything he does goes wrong. He is very much like the character of Job from the Old Testament. He seems to be being made to suffer for the amusement of some supernatural force. Climbing to the roof of his home (albeit for another purpose), he is getting closer to heaven and the gods which control his fate. He is also taking the opportunity to survey his situation and his place in the world from on high. The camera angle is below Larry in this shot. His back is to the camera and he looks awkward and ungainly; indeed, his shirt is tucked in and he is wearing nice shoes, not the kind of outfit one wears to climb on the roof. The sky is a bright, clear blue, but much else in the shot is sterile. The only other object, besides the shingles on the roof, i s the antenna, to Larry's left. Larry is in the centre of the frame and all the lines of the roof lead up to him. He is clearly the heart and soul of this picture. Climbing onto the roof is an important chance for Larry to survey his life. After this frame he looks out on the streets and his neighbours.
Monday, February 3, 2020
The role Julius Caesar played as a leader of Rome that caused his Essay
The role Julius Caesar played as a leader of Rome that caused his assassination - Essay Example Egypt and Palestine were under the control of Rome. The Caesar era made history, because it had created an empire by destroying the republic (Rome 1. In The Columbia Encyclopedia). In 55 BC, Caesar entered Britain as a warning to the British Celts who were assisting their rebellious cousins in Gaul. He landed and made camp in Kent, however, after a few weeks had passed by, heavy storms occurred and in order to safeguard his fleet he was forced to retreat. He once again raided Britain in the year 54 BC and defeated the Britons, who were led by Cassivelaunus. The Britons paid tribute to Caesar and promised him that they would neither support rebellions nor interfere in Gaul, subsequently; Caesar conducted a war against Gaul. However, the purpose of these expeditions were not to invade Britain but only to demonstrate Caesarââ¬â¢s prowess in battle and to stress his commitment to exterminating rebellions against his empire (Caesar, Gaius Julius (100 - 44 BC). In The Hutchinson Unabridged Encyclopedia including Atlas). After the death of Crassus in 53 BC, Pompey emerged as his rival. He supported the rebellious members of the Senate who dissented with Caesar and planned to prosecute him in the Court. In response to this conspiracy, Caesar with his army crossed the Rubicon River and fought with Pompeyââ¬â¢s army. This resulted in a civil war, which lasted up to 45 BC (Caesar, Gaius Julius (100 - 44 BC). In The Hutchinson Unabridged Encyclopedia including Atlas). Caesar emerged victorious in the battles at Pharsalus in the year 48 BC; Thapsus in the year 46 BC; and against King Pharnaces II in the year 47 BC in Asia Minor. Caesarââ¬â¢s victories could be attributed to his brilliant war plans. He coined the famous slogan Veni Vidi Vici which means I came I saw I conquered. He spent some time in Egypt until Cleopatra gave birth to Caesarion. His last victory on the battlefield was in 45 BC, when he fought at Munda, in
Saturday, January 25, 2020
Marketing Strategy of TVs Motors
Marketing Strategy of TVs Motors TVS Motor Company is Indias third largest manufacturer and company had made success in their last ten years. TVS achieved many awards for their quality of products, customer satisfaction and for their technology. This paper analyzing the organizations various strategies models as well as describes the financial statement analysis for last five year. Analyzed how the company reached the current position and described the recommendations for TVS Motor Company. Introduction: An organizational study is conducted to have a clear and proper understanding of the organizations basic structure, coordination and functioning at all levels. Every organization involves in identifying and coordinating the work that being performed and delegates authority and responsibilities. Organizations are always looked as a social entity directing towards designated goals that are designed as coordinated activity and structured deliberately linking to external environment. In a country like India which has seen an industrial revolution in last couple of decades, bringing large multinational corporate and industries to the country any organization would require strong organizational functioning to compete with other industries in the market paving way to success and preferences to the organization. My organization study involves research on various departments to understand their functions within and their purposes. I have also tried to bring out the achievements of the organiz ation so far and how it competes with its competitors. It was also important for me to study how they progress towards their mission and vision of the organization. Before doing a study on any organization it was important to have compassion on the concepts, principles and requisites of the organizations. Concepts of an organization: Every organization involves in a process of identifying and grouping the work that has to be done. It defines and delegates the authority and responsibility to every individual or sector. It establishes strong relationship with its employees to accomplish its objectives and performing work efficiently. Principles: Principles are tailored on theoretical basis on which the strategies of the organization is built or framed. There are several fundamental principles there are to be followed in developing an organization strong and efficiently. Some of them are Unity of objective Unity of command Specification Span of control Co-ordination Exception Flexibility Communication Simplicity Efficiency REQUSITIES: The objectives of the organization are to be candid and clear and the organizations understanding their capacity in achieving them. All activities within the organization are implemented efficiently and easily. Proper coordination on all activities that being executed. Communication system inside the organization should be direct and effective. Should be complete with all essential activities being put into action. There should be reasonable span of control at all levels Wherever required, provision is to be available for expansion Defined procedures are to be followed on all functions of the organization Organization should always aim at promoting morality of its employees Proper diversion on authority and responsibility is required Business strategy: TVS motors which originates from Trichur Vengaram Sundaram Iyengar motors is one among the leading motorcycle company in India .it is the third largest two-wheeler manufacturer company in India and among the top ten in the world. It holds annual revenue of more than $ 1 billion .Its a flagship company with TVS group USA with 4$ billion. It strives and thrives in manufacturing innovative and pioneer products. TVS emphasizes on launching new products with its new product introduction (NPI) team of approximately 300 engineers who stand at forefront in executing strategic visions for the organization for its new products. Though these products are developed domestically it collaborates with globally technical renowned partners. It aims to introduce six to ten products every year to address broad-based requirements of the market. Bike for Anyone: TVS Motors aims at introducing wide range products thats suits the needs of all two wheeler riders. It holds products from mopeds to racing motorcycles. The prices of these motorcycles are also affordable and reasonable to suit financial status of middle and upper middle class people in India. It was also the first motorcycle company in India to launch mopeds that were easily affordable to labor and wager groups of India. Penchant for Quality: TVS Motor has established four manufacturing plants located at Mysore, Hosur, Himachal Pradesh and one in Indonesia. The company is more consistent on its quality of its products so far. The vehicles were long lasting and reliable. Innovation at the Helm: Strength of the organization lies in its design and development of its new products, the company launched seven products on the same day in 1997, making it all the first automotive company to do so. They aim at developing superior customer satisfaction. TVS presents quality vehicles to meet ever changing need of its customer and market, the company already holds 15 million customers on road. History: The company was founded by Trichur Vengaram Sundarm Iyangar. He initially started on transport business holding large fleet of buses, trucks under the name of southern roadways limited. Later the company spread its wings on automobile sector, including insurance, finance, two wheelers manufacturing components, and tires. It is combined with 33 companies of its own to bring a turnover of nearly 3 billion USD. On 1978 the company started plant at Hosur to manufacture mopeds as a new division. Later the company collaborated with Suzuki on 1982 on a joint venture to obtain brand impression on its customers. Major Milestone Year by Year: 1978: TVS Motors was started as a new division of TVS. 1982: Incorporated as Indians motors. It collaborated with Suzuki motors. 1984: 59,400,000 shares were issued on which 7, 00,000 shares Sundaram Clayton ltd, Chennai. 70,000 Anusha investments 20, 00,000-Suzuki motors 2, 20,000 -Employees and business associates 29, 70,000- public 1985: incorporated Lakshmi Auto Company6 for Manufacturing transmissions and critical engine parts. 1986: company name was changed from Indo Suzuki motors to TVS Suzuki motors 1990: launched 34cc Miniped 1997: set up auto ancillary estate at Mysore and Hosur 1998: RS: 1,000 crore mark in 1997-1988 introduced first four stroke vehicle in the country 2003: Recorded share of 35% of share in motorcycle division, Recorded 31% growth on its sales. Company introduced racing bikes that were tested in Asian circuits. 2006: Appointed new president 2007: launched 7 motorcycles on the same day making a mark in history 2010: Launched Indias first auto clutch motorcycle in Chandigarh. TVS Michael porters competitive force model The strategy is developed by Michael porter which describes the external factors affecting the organization. The TVS analysis is as follows: Supplier Power: Although TVS has been a prominent supplier for economic class customers in two wheelers market, here we take the power of the suppliers for TVS to analyze. The Supplier market for TVS is highly fragmented and the possibility for backward integration is also high which has restrained the power of the suppliers. TVS engages with several local suppliers for their spares and parts for their automobiles manufacturing. The entry of many new small scale manufacturers has also contributed to the benefit of large automobile manufacturers like TVS to source their Spares and parts at a very optimal price. This clearly indicates the low supplier power. Buyer Power: Buyers power in two wheelers industry is more as the product diversity and brands available in the market are exceptionally high. Buyers today are demanding and specific on their needs for the money they pay. They are looking for the brand that offers better pricing and technology which has shadowed the customer loyalty for any brand today which is the most faced threat by TVS. Threat of Substitutes: Threat from substitutes is quite low when compared to other forces since market seems only to grow and mature every day. But when looked down the line we could anticipate a threat from the dramatically escalating petrol cost which might cause customers to switch to economic diesel cars. As well growing environmental concerns has also brought in bicycles and battery two wheelers that might pose a threat in future to TVS. Intensity of Rivalry: Two wheelers industry is most known for the competitive market and rivalry. Two wheeler brands like Bajaj, Honda and Yamaha have come up with various product line and technology targeting the customer segment of age group 20 to 30 years who are more fascinated to sporty two wheelers. But TVS has very less sporty models available for customers to choose that has restrained power of the brand over the most targeted customer segment by its competitors. Although TVS has a better power over the mid aged economic class customer segment, competitors now are increasing their focus on taking over it too. Barriers to New Entrants: New entrants face a moderate barrier in penetrating the market since it is consolidated by few and strong suppliers. As the market size of the two wheelers industry is big and requires a strong footprint with high capital investment, new entrants find it difficult to fit themselves among the market front-runners. Thus TVS is not susceptible to threats from the new entrants to the industry. TVS Motors market share The market share of all Two-wheeler is affected by various inflation, rise in petrol price and interest rate. Automobile industry had unexpected growth around 15% is due supported by various external factor like urban development, developed public transportation, financial purchases and Two-wheeler penetration into various region. Hero Honda dominated in the market by 55% (2011-2012) in last five quarters. Market Share with competitors April Feb. 2011 Source: TVS Motor Company Financial performance Details/Year 2011-12 2010-11 2009010 2008-09 2007-08 Sales other income* 7148 6324 4485 3741 3310 Profit before interest, depreciation, amortization and tax* 520 491 304 247 219 Profit before tax 316 248 76 31 35 Profit after tax 249 195 88 31 32 Net fixed assets 1078 995 983 1036 1043 Share capital 48 48 24 24 24 Reserves and surplus 1122 952 842 786 798 Net worth 1170 999 835 735 769 Total borrowings* 831 768 1003 906 666 Earnings per share #(Rs.) 5.24 4.10 1.86 0.66 0.67 Dividend per share (Rs.) 1.30 1.10 1.20 0.70 0.70 Book value per share# (Rs.) 24.38 20.81 17.40 15.32 16.02 EBITDA/turnover (%) 7.3 7.4 6.8 6.6 6.6 Profit before tax/turnover (%) 4.4 3.9 1.7 0.8 1.1 Return on capital employed (%) 19 16.4 8.0 5.6 2.8 Return on net worth (%) 23.0 21.3 11.2 4.1 4.1 Source: TVS Motor Company The company achieved the annual sales of two million as growth of 32% by selling 1.52 million units last year. The company made their growth in all three segment as Executive as 26%, Economy as 12% and Premium as 38% for the year of 2011. When compared with 2010, there is increased in sale of fixed asset in 2011. On 2011 fiscal year TVS Motors acquires assets increasing the liquidatory assets to 1.70 crores. Due to increase in RD expenses decrease in sales and investment in manufacturing sector increased the companys liabilities to 950.49 crores. Companys capital expenditure was 91.63 crores in year 2011. In the year 2011 current ratio stands at 0.17 while the debt ratio is at 0.98%. The cash ratio is 1.4 times than previous as the number proves that the companys stable but if the ratios are not improved over years the companys long time sustainability will be at jeopardy. Operational analysis SWOT Analysis Strengths: TVS is an International player with brand equity and plays important role in Indian two wheeler markets. RD department team gives them a leading edge in markets technology development covering various segments like moped, motor cycle and scooter. These differences make the products attractive for people of all ages. TVS has a wide spread of distribution network and numerous service centers covering all regions of its service areas which provide a unique service to its customers. TVS groups have 40,000 knowledgeable, experienced and skilled employees providing service to more than 15 million customers in India. Advertising with brand ambassadors and attracting people with more promotional activities. Products with low price, high fuel economy, eco friendly less emission and unique design with its competitors. Weaknesses: Despite exporting products to various countries worldwide, its not a globally recognizable brand yet. Lack of competitive premium bikes to attract the riders in the market. Most of the RD resources used in economy and executive products shading the premium segment. Opportunities: One of the fastest growing automobile providers in India. Export is limited and the international market is untouched which gives a versatile opportunity to explore and establish international market. More movement in higher-end model and more young generation are motivated towards motorcycle. Threats: Heavy competition from other competitors and from other international brand i.e. importing of cheap motorcycle from china. Gradual increase in fuel price, Decrease in car prices, policies and increase in taxes will affect margin for dealer as well as customer. Improving public transport will have an effect on the automobile sales. Spare parts are expensive which increases the maintenance cost. TOWS Matrix Analysis SWOT and TOWS are acronyms to each other, where as strength and weaknesses comes under internal environment. Opportunities and threats are comes under the external environment. But for practical study, TOWS describes internal environment and SWOT describes external environment. Strength: TVS is International player with brand equity and plays important role in Indian two wheeler markets. Excellent RD work of products and different products in various segments like moped, motor cycle and scooter. These differences make attraction to people from different age. TVS had wide spread distribution network and numerous service centers which make easy for people. TVS groups have more than 15 million customers and knowledgeable, experienced, skilled 40,000 employees. Advertising with brand ambassadors and attracting people with more promotional activities. Products with low price, fuel economy, less emission and excellent design when compared to other company. Weaknesses: Even though exporting to various countries, it is not globally recognizable brand. Fail to cover premium segment bikes and their segments are only for middle class customers. Opportunities: One of the fastest growing segments in India is automobile segment. Export is limited and untouched international market. More movement in higher-end model and more young generation are motivated towards motorcycle. SO TVS had unbeatable sales in moped and scooter. (S1O1) They had 3500 dealer for making sales and giving excellent service to customers. TVS maintains its brand image by designing products for all customers from low income to high income people. (S4O3) Employed more engineers in RD to bring their designing performance and development in all categories. TVS has ratio in debt equity is 0.1. WO Even though it is not globally recognized, TVS made an excellent land mark in India. (W1O2) TVS need more concentration in premium vehicles because sales of premium vehicles are growing in recent years. (W2O3) Market share is reducing when compared to last few years. Threats: Heavy competition from other competitors and from other international brand i.e. importing of cheap motorcycle from china. Gradual increase in fuel price, policies and increase in taxes will affect margin for dealer as well as customer. Improving public transport will have an effect on the automobile sales. Spare parts are costlier. ST Automobile is one of the growing sectors in the world, so it is golden opportunity to come forward in global market. (S1T1) TVS need more concentration in RD to improve the use of personal transportation. (S2T3) WT TVS has other competitors in two wheeler segment, which is the main drawback for them. Cost of spare parts and their products are high when compared to other company. (W2T4) TVS BCG Growth Share Matrix: The BCG Growth-Share Matrix is a planning model in which business is divided into four major based on market growth and market share. The growth share in this table positions the two major things of profitability. Star (Scooter) Question mark (New motorcycle and new scooter) Cash cow (Moped) Dog (Motorcycles) Star: Star denotes high market growth and high market share in the industry. This position defends when the organization invest large amount in this segment. There is decrease in the growth when compared to last year, so this is the reason scooter comes under star category. It will turn into cash cow when there is gradual increase in coming years. Cash cow: Cash cow denotes low market growth and high market share in the industry. In moped sector it is the major contribution to the market share because moped have more advantages like low cost when compared to other moped manufacturing company. Handling is very simple and this is more preferred by small traders. Teenagers are using this vehicle as an entry point for them. This dominates in the position of cash cow because increase in the growth of sales in every year. Question mark: Question mark denotes high market growth and low market share. In this category, there are two things to be considered as invest greatly in the products or to clear up this products. The company launches new TVS Flame which gets more drawbacks in the market and the company planned to launch the product with redesign. Company had greater growth in the scooter segment, so they launched electric scooter due to increase in the fuel price. But the product is failed due to some motor problems. So company need to invest in them for increase in market growth, this is the reason that these products comes under the question mark. Dog: Dog denotes low market growth as well as low market share in the industry. In this segment, the motorcycle is divided into three categories as economy segment which had increase in 2% when compared to last year. In executive segment, decrease in 1% when compared to last year. But in premium segment, there is no increment or decrement when compared to last year. Market share came down when compared to last year, so this is the main reason that motorcycle comes under the category of dog. Marketing, Financial and RD Strategies Marketing strategy: The company volume growth increased largely from the year of 2010-2011, but the company does not have similar growth in last year of 2011-2012. The company had huge demand in moped, scooter and only in premium motor cycle; so these are volume key drivers in TVS motor company. The company is planning to build key model brand, so company had planned to have sustain success in their products like Star, Victor and Apache. These products had made brand image to maintain its success and these success made the company to introduce the new products in the market. These are key volume drivers and their focus to sustain their growth of the company. TVS motors have decided to launch seven new vehicles at a time in the year of 2007, so this will make the company as a young multinational company. This makes work for continues three years to rollout all these seven products at a time. Within these seven vehicles, four of them are two-wheelers and three are passenger three-wheeler vehicles. These products are various technologies, design and new engine. TVS introduced CCVTi engine which reduce carbon-dioxide and reduce the monoxide by 70% which make green revolution and also introducing Fuel injection technology which consumes less fuel. TVS motors first introduce the electric scooter due to increase in fuel price in India. These are marketing strategies to cover imagination of people. TVS continuous improvement in quality of products resulted in winning various quality awards which brings more value for the customers. TVS offers 5-year warranty for Star vehicles, which gives customers more preference. These customer satisfaction and quality are the one of major role for marketing strategy. TVS dealers are using their own individual promotion plans to the final buyers. The company advertises to the customers to provide offers to buy products where dealers provide with sale promotion to the product now. The company offering more promotional plan such as exchange offer, finance conveniences to the customers, free services, follow-up customer for their services and complaints and other festival offers. These are various marketing strategy promotions to customers for buying the products and giving excellent service to their products to have sustained growth in market place. Financial strategy: TVS records the sale of 154,647 unit in August 2012 and 194,898 units in August 2011, whereas for Two-wheeler sales records 150,740 units in August 2012 and 190,184 units of sales in August 2011. In domestic sector, TVS records about 135,513 units in August 2012 against 163,705 units in August 2011. In motorcycle sector, TVS records 53,673 units in August 2012 against 77,726 units in August 2011. In scooter segment, records 38,193 units in August 2012 against 52,253 units in August 2011. From this analysis, there is gradual decrease in the sales of all sectors including moped, motorcycle and scooters. Company exports 17,934 units in August 2012 against 29,984 units in August 2011. In Three-wheelers, company sold 4,714 units in August 2011 but it decreased to 3,907 units in August 2012. From the total, the company fails to compete with the previous year of same month. Research and development (RD): The company has a strong research and development (RD) department, supported with state of the art aiding technologies. Their in-house world class testing facility gives them a unique environment for testing the engines noise, vibration and harshness (NVH) and life time warranty testing. To they are supported with modern computers for developing good design as well as for developing new innovation in the products. The team has been concentrating on eco-friendly products for a decade helping the fact of global climatic changes and increases of carbon dioxide release into the environment. They succeeded by out coming with a high fuel economy, reusable parts and low emissions hybrid products. Their automatic transmission technology for scooters is widely credited across the world due their very low emission and fuel economy. TVS RD department published 81 papers placing and they developed various products with this research and they are successfully running in the road. For national and international conferences, RD published around 81 technical papers. Joint venture and Value chain TVS has joint venture with Japaneses company Suzuki with whom it shares their technology, design and manufacture for two-wheeler under the banner TVS-Suzuki. TVS-Suzuki manufactured various products including Samurai, Shogun and Fiero. Due to the rising disputes and low profit margins TVS decided to break their collaboration with Suzuki. In 2011, companies came to an agreement, as per the company was renamed as TVS Motors and Suzuki promised not to enter Indian market for minimum period of 30 months. This decision by TVS motors allowed them to operate independently and proves to be effective as their profit increased noticeably. TVS Motors invested heavily in RD to launch new products with new technology and succeeded making TVS a highly recognized brand. After three years Suzuki entered Indian market and became one of the top five Two-wheeler Company in India. The value chain for the Two-wheeler company has many value chain partners including manufacturing, dealers (outlets include sales and service), financial agents, support services, advertising, contracts, transportation and more. The value chain for TVS Motors will act like one team and they aim for success. The company has appraisal agencies, call centre, collection agencies and dealer management system to get daily updates from dealers and maintain a global communication across their value chain partners. TVS has plans to implement Information Technology across the value chains, to reduce the delays and lags in communication between the value chain dealers. This IT adoption to the company will significantly increase the customer satisfaction, timely service and a well structured management. Business performance: The overall Two-wheeler sales is decreased to 5% due to absences of executive segment motorcycle, whereas scooter and moped segment increased by 10% in their sales growth. The company achieved all time high sales in export of 2.70 lakh in 2011-2012. Three-wheeler sales also increased slightly from 0.39 lakh to 0.40 lakh in 2011-2012. Spare parts also increased to 29% sales. TVS Wego had a huge growth of 60% in the scooter segment. These vehicles are distributed around 3500 dealer in India; they are authorized for both sales and services. TVS is continuously seeking for opening new dealerships to increase the growth of sales. The export sales are grown 51% where as domestic sales decline by 35% in the Three-wheeler market. There is large number of competitors in exporting, so company takes advantages of providing quality products as well as providing new market line for domestic market. For reducing the material cost and input material cost, company is using value engineering and global sourcing projects. TVS is using total quality management (TQM) as a cornerstone from 1987. So that company created manually called TVS Way and won award for national and state level competition. Recommendations and Implementations References TVS Motor Company. From : http://www.tvsmotor.in/tvsbrief.asp TVS Motor Company. From : http://www.tvsmotor.in/tvs-rd.asp TVS Motor Company. From : http://www.tvsmotor.in/global.asp TVS Motor Company. From : http://www.tvsmotor.in/investor.asp TVS Motor Company. Annual Report. From : http://www.tvsmotor.in/pdf/19th-Annual-Report-2010-2011.pdf TVS Motor Company. From : http://www.tvsmotor.in/investor-news-home.asp Indian Infoline. TVS Motor Company Ltd. From: http://www.indiainfoline.com/Markets/Company/Background/Company-Profile/TVS-Motor-Company-Ltd/532343 Business Line. TVS Motor seeks early end to licence pact with Suzuki. From : http://www.thehindubusinessline.in/2001/12/29/stories/022907za.htm The Financial Express. TVS reaps Business Benefits through SAP. From: http://www.financialexpress.com/news/tvs-reaps-business-benefits-through-sap/60168/2 Live Mint. TVS Motor changes financing strategy. From : http://www.livemint.com/Money/uW1yXkCG0HsTBLIjI5rHKL/TVS-Motor-changes-financing-strategy.html Money Control. TVS Motor Company. From : http://www.moneycontrol.com/company-facts/tvsmotorcompany/history/TVS#TVS Indian Two-Wheeler Industry. From : http://www.icra.in/Files/ticker/Indian%202W%20Industry,%20Update,%20Feb%202012.pdf (Retrieved on Feb 2012)
Friday, January 17, 2020
The Modern Information Technology
The information age is the age we live in today, and with the information age comes an age of ethics. When we deal with the new technologies introduced every day, we need to decide what we must consider ethical and unethical. We must consider all factors so that the use of the information readily available to many persons is not abused. ââ¬Å"Information technology will be the most fundamental area of ethical concern for business in the next decadeâ⬠(Houston 2). The most widely used tool of the information age is the computer, whether it be a PC or a network of computer systems. As we enter the information age the newness and power of information technologies tests the ethics of the average person, not just the criminal and causes thousands of computer crimes to be committed daily. The most common computer crime committed daily, some aware and many not, is the illegal sharing of computer software. Software is any of the programs used in operating a digital computer, as input and output programs, as defined by Funk and Wagnalls Standard Desk Dictionary. When you purchase computer software, you purchase it with the understanding that it will be for se on a single computer, once installed on that system, it is not to be loaded on any other computer. However many people are not aware of this understanding, and many load a program on a couple of computers or on a whole network of computer systems not aware that they are committing a crime. Even though you probably will not be prosecuted for loading a program on a friends computer, this is where your ethics come in. Do you consider anything when you share a program with others? If not then consider the programmers of the software who are denied compensation for their developments every time you distribute a iece of software. ââ¬Å"Why is it that people who wouldn't think of stealing pack of gum will copy a $500 piece of softwareâ⬠(Houston 3)? A popular form off illegal software distribution is throughout the online world. Whether it be the Internet, America Online, CompuServe, Prodigy, or a BBS (Bulletin Board System), software ââ¬Å"piratesâ⬠thrive freely online. These so called ââ¬Å"piratesâ⬠operate by uploading pieces of software, commonly referred to as ââ¬Å"warezâ⬠, into an online service's database then sending through e-mail the rights to download them. ââ¬Å"The Information Superhighway has opened the door to a new kind of highway robbery ââ¬â the home shoplifting networkâ⬠(Mattia 43). When you access a online service, you are identified through an account which most commonly consists of a user ID and password. The password is so you only can access the online service with your user ID. Many people online use their own accounts to access their service, but many steal and use the accounts of others or make fake accounts. When online, these account ââ¬Å"piratesâ⬠many times trick other users into giving their passwords to them by impersonating an employee of the online service. Others can hack into the online services mainframe computer and steal thousands of accounts. Probably the most common method of getting online without paying is the use of fake or fraudulent accounts. These are made by giving false information when attempting to gain access to an online service. Name, address, phone number, and billing information, such as checking account or credit card number, are all falsified in obtaining an online account. With these stolen and fake accounts, software ââ¬Å"piratesâ⬠have virtually unlimited time to download their ââ¬Å"warezâ⬠without any charge to them. Many people don't consider the people behind the creation of software when they illegally distribute it. The developers of software are not properly compensated for their work because of the extent of software piracy. No one can argue with a software company's desire, and right, to make sure everyone using their products has paid for it (Furger 73). The numbers add up, it is estimated that in 1994 alone that software companies lost $15 billion from illegal software copying (Maremont 65). It is not only illegal, but clearly unethical to distribute software knowing hat the people behind the software are experiencing the downfalls of Every time software companies cannot compensate their programmers for their work, more people are out of a job. Consider this, you enter a store and purchase an item, during this transaction you give your name and phone number. The person you have given this information to then enters it into a computerized database. After this person has collected a sufficient amount of names, they then sell it to a telemarketing firm for a profit. This action is legal, but is it ethical. Do you want your name sold without your consent? Most people don't because they don't want to be bothered by sales persons on the telephone. Also, your address could be sold and you put on a mailing list. Then its an issue of do you want your mailbox filled with junk mail. This action is unethical for the simple reason of consent. If the person had just gained consent to enter the names into his/her database then he would not have committed and unethical act. One conclusion from studies sponsored by the National Institute of Justice is that persons involved in computer crimes get form skills and interests at an early age. Usually they are introduced to computers at home or in school and usually start their ââ¬Å"career pathâ⬠with illegally copying software (McEwen 2). As young people interact with hackers, they incorporate the beliefs of the hackers into their own. Many of these unconventional beliefs of young hackers about information and computers leads them to a career in computer crime. Many times it is the lack of education by parents and schools that helps to make these beliefs all the more true to a young person. Computer criminals have their own set of beliefs about information and computers. Their beliefs are based on obvious unethical reasoning. For example, hackers believe that computerized data are free and should be accessible to anyone. They also believe that passwords and other security features are simply obstacles to be overcome in obtaining data that should already be available and while data should never be destroyed, there is nothing wrong with viewing and transferring data for one's own use (McEwen 2). One member of the Legion of Doom, a nationwide group of hackers who exchange information about computer systems and techniques o break into them, has said, ââ¬Å"Hackers will do just about anything to break into a computer except crashing a system, that's the only tabooâ⬠(McEwen 2). The key to stop computer criminals from forming is education. It is often times the case that people commit computer crimes without even know they are doing so and the reason for this is the lack of education. Few schools teach computer ethics, and parents of arrested hackers are usually unaware that their children have been illegally accessing computer systems (McEwen 2). Colleges and universities do not usually include computer use and abuse in their ourses, arguing that it is the responsibility of the schools. On the other hand, many secondary school educators are not sure about what should be taught and are reluctant or unable to add ethical computer education to many subjects in the curriculum. Textbooks on computer literacy rarely mention computer abuses and individual responsibilities. Educators and software developers have worked together to prevent software piracy in educational institutions. In 1987, the Software Copyright Committee of the International Council for Computers in Education (ICCE) developed a policy to guide educators. The policy call on school districts to teach staff the provisions of the copyright law and both staff and students the ethical and practical implications of software piracy. This policy has been adopted by many school districts across the country (McEwen 3). In recognition of the problems arising with the illegal and unethical use of computers, criminal justice forces have begun to crack down on computer criminals. In 1989, three computer crime studies were sponsored by the National Institute of Justice. One of these studies examined different organizational approaches for computer crime nvestigation and prosecution, another documented the experiences of several dedicated computer crime units, and the third developed a computer crime investigation handbook (McEwen 2). Computers are a permanent fact of life in work places and classrooms across the country. More businesses are likely to incorporate policies on information access and confidentiality in their employee orientation and training programs. Many schools and universities, responding from pressure around them, are beginning to incorporate computer ethics into their courses.
Thursday, January 9, 2020
Human Rights Law - Free Essay Example
Sample details Pages: 5 Words: 1556 Downloads: 2 Date added: 2017/06/26 Category Law Essay Type Research paper Did you like this example? Justification For and the Abolition of Capital Punishment under Human Rights Law Introduction: Capital punishment is acting as a deterent factor, which reminds and thereby prevents humans from committing heinous crimes by the fear of law and punishment. It arouses sense of fear of death amongst the other people thinking about or contemplating crime. However, with the social evolution, consensus started forming amongst people as well as nations that certain practices like Death Penalty, Slavery, physical torture, etc. can no longer be tolerated. People feel that such practices may continue, but should be aberrations. Majority of the Countries in the world have abandoned Death Penalty. However no full consensus has developed against itsà ¢Ã¢â ¬Ã¢â ¢ use. One can observe that number of countries employing death penalty is declining year after year and it is possible that over a period worldwide opinion and pressure will influence all the countries to abandon it. Donââ¬â¢t waste time! Our writers will create an original "Human Rights Law" essay for you Create order History: Death penalty or Capital Punishment has been practised world over since 16th Century. During those days, it was being awarded for petty crimes, which are now, more or less, punishable with imprisonments for much lesser period of time. In India, during Mughal Regime, no fixed norms were there for punishing any crime. However under British Rule in India, they used to follow judicial procedure, whether acceptable to Indians or not, for convicting an individual and if found guilty, award Capital Punishment. Good number of Freedom Movement Leaders were hanged to death by Britishers. In India, Britishers enacted a Law in the name of Indian Penal Code in the year 1860 and made provisions for penalizing crimes. In that IPC,1860, they provided a list of crimes liable for Capital Punishment. IPC,1860 has been in force in India even today with minor modifications here or there. Also, Article 21 of the Constitution of India provides that no person can be deprived of his life except accor ding to the procedure established by Law. Besides IPC,1860, number of legislations enacted by the Parliament in India provide for the death penalty, latest being new anti-terrorism legislation for people convicted for terrorist activities and persons convicted for Brutal gang rape. Procedure followed before execution of Capital Punishment : After the accused is convicted and awarded death sentence by a Trial (Sessionsà ¢Ã¢â ¬Ã¢â ¢) court, the sentence has got to be confirmed by the respective High Court,to make it final. Once the sentence is confirmed, the condemned convict has option of appealing to the Supreme Court of India. If the SCI turns down or refuses to hear the appeal or if the convict wishes so without appealing to SCI, he can submit a à ¢Ã¢â ¬ÃÅ"mercy petitionà ¢Ã¢â ¬Ã¢â ¢ to the President of India and the Governer of the respective state. The President (including Governorsà ¢Ã¢â ¬Ã¢â ¢) has the power to grant pardons, reprives , respites or remissions of punishment or to suspend, remit or commute the sentence of any person convicted of any offence. Execution of Death Sentence: In India, execution of death sentence is carried out by two methods, namely hanging by neck till death and being executed by firing squad. In other countries, death sentence is carried out by electric shocks, lethal injections, etc. For Against Capital Punishment: It is said that the basic purpose of Criminal Laws of any nation is the reformation of offenders and not retributiontherefore, the Capital Punishment may be a means to this end. Capital Punishment has been prevalent world over since time immemorial. Now a days, it has been abolished by more than 50% countries of the world. Countries like India, Pakistan, China, Latin America and some Caribbean countries, North America, etc have still death punishment in their statute books. The reasons for retaining Capital Punishment are: deference, safety to the society and reduction in costs of maintaining such criminals in the prisons. Capital Punishment is seen as an appropriate penalty for many offenders who are perpetr ators of the inhuman act of killing people with the utmost impunity and disregard for human life. It is also viewed as a means of vengeance for the victims of such barbaric acts. In India, the legal frame work for use of Capital Punishment is laid down in the IPC. It permits the use of Capital Punishment for Murder in the à ¢Ã¢â ¬ÃÅ"rarest of rare casesà ¢Ã¢â ¬Ã¢â ¢. Section 302 of IPC says that a person committing murder shall be punished with death, or imprisonment for life and also shall be liable for fine. Further, Section 303 of IPC provides that whosoever, being under sentence of imprisonments for life commits murder, shall be punished with death. That means a person even after leniency from the judiciary does not improve himself then he deserves the severest penalty i.e. death penalty. The sparing use of this sentence in the country is in conformity of obligation of judicious use of this penalty as a party to the International Covenant for Civil Political Rights. The judiciary uses this punishment upon an unequivocal establishment of the culpability of the offender in a case before it which truly falls within the definition of the à ¢Ã¢â ¬ÃÅ"rarest of rare caseà ¢Ã¢â ¬Ã¢â ¢. Advantages of Capital Punishment: Though Capital Punishment doesnà ¢Ã¢â ¬Ã¢â ¢t prevent the criminal operations, it acts as deterent and thereby reduces the criminal operations and violent crimes. It helps the Government to reduce the number of detainees in the prison. And thus prison maintenance expenses will be reduced. It is also claimed that Capital Punishment would significantly increase welfare of the society- because its increased implementation would bring many economic and psychological benefits to the people. Its deterent effect would reduce or control the ever- increasing cost of law enforcement. It inhibits potential criminals from committing violent and socially damaging crimes. If habitual economic offenders are identified and executed, it would dramatically decrease the economic offences. It is argued that the enforcement of Capital Punishment should be swift and timely, preferably immediately after it is sentenced and not appealed. It is also argued that prison sentence beyond 25 years is absolutely pointless. Disadvantages of Capital Punishment and the impact of Human Rights Cry: A person cannot make any amends for the crime committed by him after being dead. Therefore, if somebody is killed in error, any apology by the offender would not change anything after enforcement of Capital Punishment. The Capital Punishment has disadvantages and one of them is its violation of Human Rights. Human Rights advocates are very vocal on their campaign and argue that one cannot be hundred percent sure about carrying out serious investigation as provided under the Law system that would conclude the true events of crime. It is said that one should not punish or execute a person who is not involved in the crime. Some people say that the death penalty should have no place in the general penal system of advance and civilized societies. A person cannot be deprived of his life. It amounts to flagrant violation of the right of life and dignity, which are the most important of all human rights. In 1997, the U.N.High Commission for Human Rights approval a resolution stating that t he à ¢Ã¢â ¬ÃÅ"abolition of death penalty contributes to the enhancement of human dignity and to the progressive development of Human Rights.à ¢Ã¢â ¬Ã¢â ¢ This resolution got further support by one more resolution calling for restriction of offences for which death penalty can be imposed and for a moratorium on all executions, leading eventually to abolition. Present Status in India: The Supreme Court of India has restricted the scope of death penalty in the country. It has shown willingness to commute the Capital Punishment of even murder convicts on the ground of inordinate delay in deciding their mercy pleas. That means, it has moved a step closer towards abolition of Capital Punishment. Section 354(3) of CPC requires a judge to give special reasons for awarding death sentence. The SCI pronounced the à ¢Ã¢â ¬ÃÅ"rarest of rareà ¢Ã¢â ¬Ã¢â ¢ doctrine in the year 1980 and since then, the life sentence has been the rule and the death sentence an exception. De spite the à ¢Ã¢â ¬ÃÅ"rarest of rareà ¢Ã¢â ¬Ã¢â ¢ doctrine of SCI, a large number of convicts are awarded death penalty. However, actual executions are rare. One Dhananjoy Chatterjee was hanged in August,2004. Thereafter, 26/11 convict Ajmal Kasab and the Parliament attack convict Afzal Guru were executed in 2012 2013. Upon SCI commuting the death sentence of 19 convicts after their mercy pleas were rejected in 2014, the Law Commission has decided to relook at the issue. It has issued a public consultation paper on Capital Punishment. The SCI has also observed that the Law Commission should examine whether the death penalty is deterent punishment or is retributive justice or serves an incapitative goals. In recent years, the SCI has admitted that the question of death penalty is not free from the subjective element and is sometimes unduly influenced by public opinion. Therefore, it is imperative that a deeper study be conducted to highlight whether the process of awar ding Capital Punishment is correctly and objectively pursued or not. Following Nirbhaya Gang Rape case, the Parliament has changed the law suitably to make a second change of rape punishable with death penalty. Conclusion: The Law Commission in its 1967 Report has observed that India cannot risk the experiment of abolition of Capital Punishment. Even in 2015, situation in the Country has not changed more positively and, therefore, despite the force in argument of Human Right, at the moment, India should carry over with the present system of awarding Capital Punishment.
Wednesday, January 1, 2020
The Importance Of Evil In Truman Capotes In Cold Blood
From bullying to crime to terrorism and more, evil takes on many forms in todayââ¬â¢s society. Such evil has many adverse effects, sometimes including the deaths of innocent people. As only harm can come from malevolence, one begins to wonder whether or not such acts are simply a part of human nature. After all, it does not make much moral sense for someone to intentionally stir chaos. However, when exploring where evil truly stems from, one finds that it may be deeply rooted in the environment Truman Capote investigates the true meaning of evil in his account of the murders of the Clutters, a wealthy, innocent family living in desolate Holcomb, Kansas. In his work, In Cold Blood, Capote uses syntax, diction, and selection of details to showâ⬠¦show more contentâ⬠¦After being unable to live with his family any longer, Perry was taken in by nuns. However, he was not treated much better in the nunsââ¬â¢ cottage; he was often viciously beaten due to the result of some unco ntrollable medical conditions (275). The violent reaction of the nuns to something completely out of Perryââ¬â¢s control was incentive for Perry to hate humanity. It was because of the way Perry was treated and his childhood experiences that he inevitably became wicked; he was not born into the world as an evil person. Capote uses syntax to further capitalize on Perryââ¬â¢s dark origins as a source of cruelty. Using brief, but meaningful sentences, Perry is portrayed as a victim of society, repeatedly referring to the people who treated him poorly during his growth. His dark origins capitalized on when he describes his motives for killing the Clutter family: ââ¬Å"ââ¬ËAnd it wasnââ¬â¢t because of anything the Clutters did. They never hurt me. Like other people. Like people have all my life. Maybe itââ¬â¢s just that the Clutters were the ones who had to pay for itââ¬â¢Ã¢â¬ (290). Perry himself is emphasizing how the Clutters are innocent, but, because of the way people treated him his entire life, they unfortunately had to receive the brunt of his pent-up aggression. He repeats the phrase ââ¬Å"likeâ⬠¦Ã¢â¬ to once again draw attention to the fact that it was the people in his life that turned him into the criminal he grew to be. Noting how Perry essentially held a grudge against his childhoodShow MoreRelatedTruman Capote and Postmodernism1398 Words à |à 6 Pagesââ¬Å"Truman Capote, as obsessed with fame and fortune as with penning great words, was a writer who became as well-known for his late-night talk show appearances as for his proseâ⬠(Patterson 1). Capote was a literary pop star at the height of his fame in 1966, after he had written such classic books as, Other Rooms, Other Voices, Breakfast at Tiffanyââ¬â¢s, and In Cold Blood. Postmodernism was a literary period that began after the Second World War and was a rejection of traditional writing techniques. ItRead MoreIn Cold Blood by Trump Capote550 Words à |à 2 PagesIn 1966 Truman Capote shocked the world with a novel unlike anything ever seen before. Capoteââ¬â¢s novel ââ¬Å"In Cold Bloodâ⬠not only entranced readers with its often dark and mysterious tone, stunning imagery and controversial elements but introduced its audience to an all new genre, a non-fiction novel . In 2001 Lois T. Stover commented on the complexity and depth found in quality young adult literature, she stated that ââ¬Å"Good young adult literature deals with the themes and issues that mirror the concernsRead MoreAnalysis Of John Steinbeck s Of Mice And Men 1464 Words à |à 6 PagesJohn Steinbeck subtly foretells Lennieââ¬â¢s future murder of not only the puppy, but also of a young woman in his novella, Of Mice and Men. Much like George and Lennie, the characters Willie-Jay and Perry have a similar relationship in Truman Capoteââ¬â¢s In Cold Blood. Willie-Jay, despite his minor role in the story, serves as Perryââ¬â¢s mentor and foreshadows his future violent actions with his insight into Perryââ¬â¢s character, also providing a positive influence to contrast Perryââ¬â¢s partner in crime, Dick
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