Wednesday, July 31, 2019
Importance of Understanding Culture Diversity in the Workplace
Importance of Understanding Culture Diversity in the Workplace In business today it is important to have a diverse group of employees in the workplace. Our textbook defines diversity as real or perceived differences among people in race, ethnicity, sex, age, physical and mental ability, sexual orientation, religion, work and family status, weight and appearance, and other identity-based attributes that affect their interactions and relationships (Bell, 2012, p. 5).It is very important to understand the cultural, ethnical, and gender differences by professionals and management in the workforce in this day and age. If an organization develops a reputation for valuing all types of employees, it will become known as an employer of choice, in which workers from all backgrounds feel they have the opportunity to work, grow, and be treated fairly (Bell, 2012, p. 4). By being diverse in its employees, a business has a better opportunity for new ideas and growth potential and less likely to be stymied.Despite extraordinary corporate and media attention paid to diversity in the past thirty years, discrimination, inequality, and exclusion persist in organizations (Bell, 2012, p. 4). As discussed this week in class, when the department head turned down the Jamaican friend for the position, even though he seemed better qualified, it showed stereotyping and prejudices can have a negative effect in the workplace. The situation made for an uncomfortable, even negative environment in the workplace.By the department headââ¬â¢s negative behavior it caused a barrier for productivity and potentially harmed working relationships. It is essential in todayââ¬â¢s business world for managers and professionals to understand the importance of cultural, ethnical and gender differences to make the workplace environment an at-ease one for employees to thrive and be productive. In every culture there are unique thought processes and behaviors and these cultural differences have a strong impact on workplace interaction and communication.What may be considered the norm for one personââ¬â¢s culture could be completely unacceptable to another. People from diverse cultures bring new ways of thinking, ingenuity and communication skills needed to endure in todayââ¬â¢s workforce. Working in and learning in environments with people who are different can benefit individuals through intellectual engagement, perspective taking, and greater understanding of the implications and benefits of diversity (Bell, 2012, p. 4). In the healthcare industry, employers benefit by hiring a diverse workforce.Hospitals have come to appreciate that by hiring staff from different cultural, ethnical, and gender backgrounds, it brings a great deal of valued thoughts and insight when it applies to patient care. Ultimately, if a hospital's workforce more closely resembles the patient population it serves quality measures and patient satisfaction scores will improve (Commins, 2012, p. 2). Nursi ng care must become more culturally, ethnically, and gender diverse in order for the nursing unit to reflect the diversity of the population it treats.The ball and sock experiment really showed me how it feels to be different. I felt awkward and uncomfortable, I struggled with daily tasks that I normally accomplished without having to even think about, for example, brushing my teeth, shaving my legs, inserting the keys into the ignition of my car, shifting the gears of my car to just name a few. By the end of the day I could perform these tasks more easily but I still had to use more focus and effort.The ball and sock experiment opened my eyes to how it must feel to be outside of what society considers to be the norm and gave me a new appreciation for how these differences help shape our society. In conclusion, it is very important to understand the need for cultural, ethnical, and gender differences by professionals and management in the workforce in this day and age. Diversity in the workplace, no matter in healthcare or any other business, is of the utmost importance for growth and prosperity.
Martha Stewartââ¬â¢s Loss Reputation Essay
Martha Stewart is a well-known and respected woman who represents the successful women that made it on their own in todayââ¬â¢s society. Not only is she a stock broker, but her fashion, style, good taste, TV show and her line of house wares is what got her the popular publicity among many. When allegations against Martha Stewart surfaced many questioned her ethical actions. Due to allegations her profit reduces and the MSO dropped. Martha Stewartââ¬â¢s main target consisted of women who were attracted by her charisma. Letââ¬â¢s face it Martha was good at what she did, and women wanted to be like her by purchasing her products. Marthaââ¬â¢s customers trusted her products and believed in its purpose. When the accusations rose against Martha, many started to question her ethical actions and wondered if they knew the real Martha and what she stood for. As days passed Martha continued to take the highlight of top new, at the same time her revenue reduced tremendously. As the profits went down, investors were getting ready to pay less and less for the shares of MSO. After doing some research on MSO financial statement I realized that MSO revenue has rapidly increasing before her reputation was harmed. In 1999 MSO total revenue was $232,314 and in 2001 it was $295,627. You can defiantly see the increase in the numbers. Even though the economy and MSO competition I would assume that the revenue would keep on rising if Marthaââ¬â¢s reputation werenââ¬â¢t harmed. According to MSO financial statements, even though the MSO total revenue dropped to $212,433 in 2005, but by 2007 it was already up to $327,890. Based on total revenue predictions I would assume that the same would happen with the stock price. If Marthaââ¬â¢s reputation was not harmed the stock price would have kept on increasing. Regardless of legal actions, in my view Martha was ethically wrong. When the allegations first rose if Martha was innocent she should of came forward and defended herself. At the same time complying with police investigation would of helped with her reputation. To a person like Martha Stewart $45,673 would not have been a good motivation to break the law and most importantly damage her reputation. If she didnââ¬â¢t do anything wrong she could of donated that money to charity, which will show her well intentions. Martha also could of made a donation to a local community at need. Insider training is not only illegal but itââ¬â¢s also unethical. Everyone deserves a chance at fair opportunity to make investment decisions. Regardless of Martha Stewartââ¬â¢s actions I still believe she was unethical and her actions is what caused harm to her reputation. Texaco: The Ecuador Issue ââ¬Å"Around 1964 Texaco Inc. started operating through a subsidiary company TexPet in the Amazon region of Ecuadorâ⬠(Brooks & Dunn, 2010). TexPet was a minor owner of the project and its partner was Petroecudar. Petroecuador is a government owned oil company. Overtime thanks to TexPetââ¬â¢s operations Ecuador greatly benefited, however at the time no one saw the bigger picture and long-time damages. Not only did Ecuador receive ââ¬Å"approximately 98 percent of all money generatedâ⬠(Brooks & Dunn, 2010), but it also helped the economy by providing more then 2,800 job positions. At this time it looks like Texaco was ethically wrong. They were doing their business, which they were very successful at. At the same time they are able to help out country at need. For the short-term everyone seemed to be perfectly okay with Texaco doing oil business in Ecuador. But then what happened? Even though Texaco has pulled out of the consortium in 1992, three big lawsuits were filed against them. By 1998, the $40 million remediation project was completed, which included clear lands were replaced, contaminated soil was remediated, and producing water systems were modified. This right here shows that Texaco had some kind of moral and ethical consideration towards their actions. ââ¬Å"In 1994, a cancer study released by the Centre for Economic and Social Rights in New York confirmed the health problems in the regionâ⬠(Gillis, 2011). After reading this article written by Gills, I would say that Texaco was ethically wrong for what they did, and Ecuador had every right to sue them in United States. There had to be some kind of truth behind Texaco knowing what the possible negative effects were going to be, and someone has to stop the companies from unethical behavior. In situation where oil spills were caused by natural disaster the company should not be held liable. If there was a documented earthquake and Texaco could prove that the oil spill damages were cause by the earthquake then they should not be held responsible. Every company should have procedures in place to prevent from oil spills in case of natural disaster and try to control the action as much as possible. They way there is always a plan A, B and C in place. While the three lawsuits had significant points, I must say that Texacoââ¬â¢s argument showed evidence of concern. After all they did spend $40 million on remediation project. This act shows that they were concerned about the outcome of their actions. But was it already late for their generosity? Their actions did not match their concerns at all, which makes my point more valid that they acted unethically. Where Were the Accountants? Norm, is a graduate student who is about to apply to an accounting firm for a job when he notices few issues that are bugging him. After applying what he has learned and the rules and regulations of GAAP, Norm came to conclusion that the actions taken were unethical and wrong. Considering that he is second guessing himself about becoming a professional accountant I would remind him what he has learned, what his beliefs are, and what the rules and regulations were of GAAP. First of all I would make sure to point out to Norm that he is a great accountant already for noticing those issues. Maybe those mistakes were made on purpose but maybe they were done by error with a poor judgment. Normââ¬â¢s knowledge is fresh and he has so much to offer to every accounting firm that they would be lucky to have him. Next to his brilliance are his morals, which I would remind him of. The fact that he notices something wrong in those articles is big. But what is even bigger is that he is willing to do something about it. Trust is very big when it coms to accountants and its clients. Norm needs to keep in mind that he needs to establish a relationship based on trust with his future clients. Last but not least I would remind Norm that the best he can do is at all the time follow the rules and regulations of GAAP. If he sticks to the rules and regulations he will not have to worry about being in same position as those articles were. Anyone can do the job, but not everyone can do the job the right way. With that being said I would remind Norm of all the curses we took together and how we aced on all of them. Norm doesnââ¬â¢t need any help on figuring out what to do with his career. What he needs is a gentle reminder of what he knows and where his ethical stand is. As someone who went to school with Norm, I would make sure to tell him that I believe he would be a good accountant. Reference Brooks, L., & Dunn, P. (2010). Business &professional ethics for directors, executives & accountants. (5th ed.). Mason, OH: South-Western. Form 10-k: Martha stewart living omnimedia inc-mso. (2008, March 17). Retrieved from http://library.corporate-ir.net/library/96/960/96022/items/284892/10-K_as_Annual-Report.pdf Gillis, C. (2011, April 27). Ecuador vs. chevron-texaco: A brief history. Retrieved from http://www.counterspill.org/article/ecuador-vs-chevron-texaco-brief-history
Tuesday, July 30, 2019
Intercultural communication with the peterson family Essay
After a year of living with my brother, I moved in to live with the Peterson family in Montclair, California. Jason Peterson was a physics professor at the University of California at Berkeley while Mary Peterson was a schoolteacher. Living with the Peterson family made me grapple with the difference between American and Afghan culture. The American way of expressing affection in public and open intimate relationships at first shocked me. Afghans are very personal and private when it comes to displays of affection. Kissing your wife or girlfriend in front of others would be a serious breach of manners. The expression of affection between Jason and Mary when one of them arrived from work used to make me uncomfortable but I eventually got used to it. I still find it truly paradoxical that while Americans openly display affections, the value they accord to privacy and personal space is very high. I could not comprehend why they value privacy when in fact they could not keep intimate shows of affection in private. At first, I would often innocently intrude into the room of Jason to ask something. Or, when he was deep in thought in the living room wrestling with what looked like a work-related task, I would tactlessly start a conversation with him. In situations like those, his reaction would be one of initial shock. Sensing that my act was prompted by my desire to express belonging with the Peterson family, Jason would break into a knowing smile. I knew he could feel my embarrassment, as I did with his own embarrassment for his initial show of displeasure. Becoming aware of the discomfort I caused in those situations, I eventually resolved to keep my distance in those situations and to respect privacy according to American standards. Like most Americans, Mr. Peterson was direct and to the point when discussing matters with his wife. With me, however, he chose to make me learn American social norms through his reaction to what I did or what I was doing. I took cues from his reaction and I was certain that he simply did not want me to feel ashamed of my actuations. After a month, we got to sit down together from time to time. He started asking me about Afghanistan. Being given the chance to share with him the life and cultural practices in Afghanistan seemed to unburden me. Through our conversations, he began to understand me in a different light and I am grateful that those conversations did happen. I also began to understand and accept American culture for what it is. At first, whenever I encountered a seemingly weird American custom from the Afghan viewpoint, I would automatically and mentally scrounge for a similar custom of Afghanistan and attempt to compare them. I eventually realized that this automatic evaluation of American culture that I usually do as some sort of a reflex action is a contributory factor to my resistance to some aspects of American culture and may perhaps even be a hindrance to my assimilation of the host culture. Even if I was close to Mr. Peterson on account of our ââ¬Å"cultural conversations,â⬠I maintained physical and emotional distance from Mrs. Peterson. In hindsight, I also realize that such aloofness on my part did not spring from the fact I did not like her. In fact she was such a very gracious and accommodating lady that sometimes her concern embarrassed me. I still unconsciously carried with me the Afghan notion that another manââ¬â¢s wife or female children are off limits to others. Afghan strictures relating to the marriage bond are much more demanding than those of Americans. Perhaps I was apprehensive that Mr. Peterson would look at my attempts to communicate with his wife from an Afghan standpoint. In this case, I was on the losing end. I could have had a more profound communication level with Mrs. Peterson as I had with her husband if only I did not have such an apprehension at the back of my mind. The American concept of personal space was something that I could not comprehend at all. For Afghans, oneââ¬â¢s family extended to almost all relatives unlike the very exclusive nuclear family of Americans. This extends to the use of gadgets and other household items. When my Afghan friends came to visit me in the residence of the Peterson family, some of my Afghan friends unconsciously behaved as though the family that I was with was Afghan. They engaged in horseplay and laughed boisterously which did not sit well with the Petersons, using their reaction as basis. I cautioned my friends who, to my relief, took my admonition seriously. When they all became very quiet on account of my warning, the atmosphere became unbearably silent. The Peterson couple sensed the sudden change of mood and in their embarrassment took pains to make me and my friends feel welcome. Such an event would not have happened if my friends and I had been conscious of the fact that the American concept of family and belonging did not extend to friends and relatives, the way the Afghan concept does.
Monday, July 29, 2019
Viewpoint against childhood obesity Essay Example | Topics and Well Written Essays - 500 words
Viewpoint against childhood obesity - Essay Example This is a worrying trend because childhood obesity has undesirable personal and social implications hence the need to avert the condition in America. An obese child would be exposed to psychosocial problems. As noted by Green, Hargrove and Riley, such children would always be ridiculed and tormented by their peers. The problem has been noted to be even worse among girls known to be keen on their body images. This could even cause depression among such children. Such children become constant targets for social discrimination, which, coupled with their low self esteem, could hamper normal social functioning and academic success. Moreover, and even more important to note is the fact that obesity is associated with a myriad of medical complications. Childhood obesity has been associated respiratory ailments, hypertension, high cholesterol, orthopedic problems and depression. As noted by Barbour, about 70% of obese children have a risk factor of contracting a cardiovascular disease while 39% have more than one of such factors. Green, Hargrove and Riley indicate that type 2 diabetes has been on the increase among African American children as a result of obesity. Other health risks associated with childhood obesity include sleep apnea, hepatic steatosis and asthma. As such, this impacts on the government spending on healthcare. As noted by Green, Hargrove and Riley, the estimates for healthcare associated to childhood obesity was about $71 billion between 2008 and 2009. This informed a national healthcare organization known as Healthy People 2010 to seek to reduce the number of obese children aged 6 to 19 to 16% by the year 2020. To develop appropriate preventive measures, it would be critical to understand the causes of obesity. Basically, obesity results from an imbalance between the consumed calories and the calories used for growth and development, physical activity and metabolism according to Barbour. This could be caused by an
Sunday, July 28, 2019
E-Commerce and E-Business Research Paper Example | Topics and Well Written Essays - 2750 words
E-Commerce and E-Business - Research Paper Example Dell's website key characteristics were recognised which includes its context of use, impact of the homepage, general usability, page layout and navigation, and most importantly the information contents. The effective use of innovate web technologies and with a strong well-known brand name, the website works consistently with the general purpose of the online portal. The necessity of these elements is of high importance but marketing can also of a priority. Web usability is an important which Dell's website successfully applied along with the web navigation, information, and design. Also, considering online business, this report provides important notes about some legal and ethical issues. There are numerous threats to the security of Internet e-commerce. Dell has a strong brand and already established its position with effective business strategies, efficient use of technology and business model which gave them a competitive advantage from online stores. Our company, Delta IT Consultancy2, is an internet consultancy firm which includes servicing clients from e-business consultancy to providing e-solutions. As the client seeks recommendation about what counteract plans regarding their plan of redevelopment and enhancement of their online business presence and e-business strategy, our company is tasked to take charge of what they should implement with the growing dominance of Dell in the marketplace. The client is a 'bricks-and-clicks' company which is a business model by which a company integrates both offline (bricks) and online (clicks) presences (Wikipedia, 2007). With the ever increasing competition in the online marketplace especially online computer sale stores, the numbers of sales are significantly affected. The aim of this report is to analyse and evaluate Dell's website infrastructure and its e-commerce or e-business strategy. The report comprises two sections accordingly. Section 1 will be the appraisal details of Dell's website, which is the main dominating company in the marketplace and provides the key pressure to the client's success. Utilising Dell's website as the mock-up standards, it is recommended to the client of how Dell's online presence bring fort their business online with regards to the client's aim of redeveloping and enhancement of their online presence. Section 2 evaluates the business models and the use of technology by Dell's website in facilitating them to edge with the lead. After the critical appraisal of Dell's website, our client will be placed on its competitive advantage and total improvement of business activity online. 1 Analysis 1.1 Context of Use Website: Dell UK - http://www.dell.co.uk Users: Any web user is welcome to access Dell's website from any computer with internet and any type of web browser. Users can range from individual and corporate to enterprise and large business scale particularly buyers and retailers for purchasing products and services, and even access relevant company information or website contents for specific purpose. Prior to checkout of their purchasing products and services, users need to register or login to record order details. Stakeholders: All users that visit the website are
Saturday, July 27, 2019
Roosevelt's Foreign Policy Case Study Example | Topics and Well Written Essays - 4250 words
Roosevelt's Foreign Policy - Case Study Example During the twenties the American people showed in elections that they were unwilling to join the League, and Roosevelt himself came to distrust it as a distortion of Wilson's project. Advocates of collective security held the United States partly responsible for this distortion because its absence encouraged use of the League for narrowly nationalist purposes by the other victorious Allies. In any case, isolationist sentiment in the Democratic Party became so strong that, in 1932, it was politically expedient for Roosevelt as a presidential candidate to reject United States entry into the League, and this he did before he was nominated. The most important step of the United States government towards collective security before 1933 was the Stimson Doctrine. By it the United States led the world in its first action against an aggression by a first-class power, Japan. It carried into practice the revolution in international law which had occurred since pre First World War days, when the rule had been general consent by the other powers to conquests by one nation and demands for shares in the spoils as compensation. Even the United States had on occasion played that game. When it took the Philippine Islands for itself, it threw a few other Spanish Pacific islands to Germany to quiet its complaints. Japan was always ready to "compensate" the powers, and particularly the United States, for its own gains in Manchuria and China, but the Stimson Doctrine marked a new era in which an aggressor became a criminal who could not bribe the jury. Its ultimate importance may be gauged by the fact that Beard points to Roosevelt's pr e-Inauguration agreement to maintain it as "a fateful step leading in the direction of Pearl Harbour." 1 A supporter of the policy would call it the first of the series of actions which led the United States into the United Nations. That a Republican administration should abandon imperialism in Latin America and move towards collective security in Asia has puzzled observers and historians. The development of public opinion was basic. The personal pacifism of President Hoover was doubtless influential. The Hoover administration was divided between internationalists led by Stimson, who advocated the new policies as steps towards full cooperation with the League of Nations, and imperialists who wished to checkmate Japan as a trade rival and to sacrifice the small gains of direct intervention in the Caribbean republics for the sake of large gains in Latin American good will and trade. Roosevelt and Hull, like Stimson, regarded the new policies as minimum steps. But these renovations of foreign policy passed almost unnoticed by the public at large as the depression caused painful absorption in domestic affairs. The Hoover administration, with its gift for boring the public, had failed to dramatize the issues. Roosevelt, after he was elected President and before he was inaugurated, found in the Stimson Doctrine the only area in which he could cooperate with the outgoing administration. He promised Stimson to maintain his policy and confirmed the promise in a public statement. 2 This connection was the only one Roosevelt was willing to establish with the Hoover administration after the bitter election campaign, and it is symbolic of continuity in favour of collective securi
Friday, July 26, 2019
Homeless person and health Essay Example | Topics and Well Written Essays - 1000 words
Homeless person and health - Essay Example As Hudson and Nandy found out in their research, homeless youth registered a higher level of substance abuse (178). In this essay, I will compare various views of different authors about health and homelessness, and compare their study findings and assumptions about the same, to establish how they agree or disagree about various aspects in health and homelessness. Hudson and Nandy compared different health issues among homeless people. These are substance abuse and high-risk sexual behaviour (178). In their study, they aimed at establishing the rate of substance abuse, high-risk sexual behaviour, and depression symptoms among youth, who were homeless. McNeil on the other hand, in his research, aimed at finding out how substance abuse among homeless people was a health concern among the population in Canada. In another study, Walls and Bell studied the correlates of the young and adult homeless youth, in engaging in survival sex. Finally, Nicholson, et al in their study, used a generalized approach to study the overall health situation of the homeless in Downtown Calgary. The findings of the different researches mainly agree about different health aspects and situations of the studied homeless populations. First, Hudson and Nandy pointed out that both the homeless youth exposed to foster care and those not exposed to foster care use tobacco, alcohol, and other illicit substances. They also studied the variance of depression and risky sexual behaviours among the group. However, only their degree of use varied within these groups. While the homeless youth who had previously been exposed to foster care used more drugs, compared to those not exposed to foster care. They have argued that when youth are rendered homeless, they always suffer from anxiety and depression. Since these cannot access health care while on the streets, they turn to ââ¬Å"self-medicationâ⬠through use of drugs and alcohol
Thursday, July 25, 2019
Defensive Developmentalism Essay Example | Topics and Well Written Essays - 1000 words
Defensive Developmentalism - Essay Example The following script depicts Professor Gelvinââ¬â¢s findings on the defensive developmentalism study and the territories that practiced the approach, with the apparent reasons of assimilating the approach. According to Professor Gelvin, the approach revolved on military and economic prowess. Early in the 17th century, the western economies were fit in military and economic factors, which served as a threat ton the Middle East and North African nations (Kia, 2011). Therefore, the challenged regimes assumed that the best way to stand unchallenged against the rival European nations would be through the implementation of the same policies of leadership. Ottoman Empire and North African communities imply the earliest adapters to the system (Quataert, 2005). Their idea revolved on militarization with a stiff maintenance or improvement to the nationsââ¬â¢ economic performance. ... The following recitation implements on the practices the two phenomena, that is, modernism and fundamentalism, with the successes and failures of each theory towards European encroachment. The Middle East empires were trailing behind their western counterparts in the 19th and 20th centuries. In order to clear retrogress, they shifted towards a favorable method of improvement thus they adapted to modernism in order to reshape their states. This would ignite industrialization and political stability as it was the key to stand firm against hostilities. The ottoman and Persian empires allowed the British and Russian aids and involvements in their territories respectively. The result was that the Islamic countries would drastically change their religious and cultural values. The continuous aggression of the European nations was not significant to the Islamic nations who focused on the advantages associated to the white nations. At the long run, the nations became colonies and the modernis m theory had not borne the desired fruits (Quataert, 2005). On the other hand, Islamic fundamentalism led to the restoration of the Islamic phase with a modified approach to political and economical environments. It emanated from the Christian protestant, but the Islams assumed it to imply a revolved approach to counter any future atrocities and cravings from the western colonial powers, with a consequential approach to economic and military competence. The theory was successful to shield the nations against aggression, although the western nations would at other times fund revolutions on the theoretical basis at their own advantage (Kia, 2011). Therefore, both modernism and fundamentalism had positive and negative
Salvador Dalis The Persistence of Memory and its Description Essay
Salvador Dalis The Persistence of Memory and its Description - Essay Example I would like to apply this knowledge to Daliââ¬â¢s The Persistence of Memory. There are certain elements of art and at the same time certain principles of design that depict this artwork as being one of the strongest examples of Surrealism. It is said that the idea for this painting occurred to Dali upon noting the melting of cheese, and he got the remaining elements in a dream. One interpretation could be that the use of melting watches as the subject matter indicates that Salvador Dali in this work used these objects as a reminder to the viewer that time is always fleeting and it is slipping away from us even as we speak or view the painting. At the same time, the clock literally is a very clear illustration of the time gone by which tells us of things that we cannot get back anymore or perhaps gives the notion of fleeting objects. At the same time, the use of a clock metaphorically can be attributed to our memories. Another interpretation that has been suggested is that this work shows the irrelevance of time while we sleep compared to our preoccupation with it during our waking hours. It is said that Dali painted this work in an era of his life in which he was influenced by Sigmund Freudââ¬â¢s psychoanalytical theories about memory and the interpretation of dreams (Dali et al). It is not difficult to imagine the artistââ¬â¢s concept of a dreamlike state of time and memory being depicted through this painting. One can also relate this painting to the function of recall in memory- there are fleeting glimpses or feelings of having met someone before upon crossing them in the street and suddenly it all connects and the memory solidifies and becomes clear a bit later. Another oddity that can be pointed out is that while nearly all the clocks are shown melting away, the orange one on the extreme left of the wooden block is the only one that retains its shape. It is seen that ants have selected the center of it as a focal point of sorts. Perhaps this is depicting ourà preoccupation with time during our waking hours by the artist.
Wednesday, July 24, 2019
CAPM and the use of it Essay Example | Topics and Well Written Essays - 1500 words - 1
CAPM and the use of it - Essay Example CAPM is popular because of its simplicity and utility at various problems. CAPM is used to quantify the risk associated with the assets and then translate it into the returns associated with the securities (Mullins 2012). CAPM is actually used to make calculations of a single security. The formula is very simple which is used in calculations. It includes the expected return on the capital assets, risk free rate of interest, market risk which is denoted by beta, market premium and the risk premium. Now the description of all of these components is given as follow; Here beta or the market risk is very important. Every company also has its own beta value which is useful for every type of calculations. A specific companyââ¬â¢s beta value means the risk associated with the company but in comparison with the whole operational market. But when we talk about beta in capital asset pricing model i.e. CAPM then it means the market risk which any company must face during their cost and return calculations. By definition the value of beta is equal to 1.0. The application of CAPM gives its best results when all of the above assumptions are met in an appropriate environment. These assumptions are made regarding a generalized conditional environment. Whenever any specific different situation may come and the investor may feel any difficulty then the researchers start their duty and find any other way to solve the problem. Therefore we may see certain modified versions of theories and models. The basic theme and assumptions of these theories and models is same only the operational side may be modified according to the situations. Some critics are of the opinion that CAPM assumptions are totally unrealistic, but still there are many supporters of this model of capital asset pricing model. From the very beginning (i.e. just after introducing CAPM), the
Tuesday, July 23, 2019
Education Inquiry Essay Example | Topics and Well Written Essays - 3000 words
Education Inquiry - Essay Example Blalock states that he wrote the book to confront the perennial problems that all social scientists face and it was his desire to ask two questions. Those two questions are, "Why aren't we doing better, and how can we improve" (Blalock, 1984, p 6). In order to answer those two questions, we as social scientists/researchers must understand the background and environment in which we must toil. There are a number of "very tough intellectual challenges stemming from the complexity of the social world we are attempting to study" (Blalock, 1984, p 6). Blalock points out that we need to understand those intellectual challenges and the interplay of our individual intellectual backgrounds, interests and behaviors with those challenges. The answers to these questions are what we consider as we continue the process of research. James M. Black said that "One of the most important features of the training of research scholars is the acquisition of skills required to conduct sound scientific investigations" (Black, 1976, pg 6). We understand that there are a number of pitfalls and bias that w... ntly will encounter as individuals in attempting research projects and that we will need to understand what and who we are in order to be proficient in our jobs and careers.. If we first work at gaining the skills that we need to answer those questions then our projects will be more readily presentable and understood by those we are attempting to influence. One of the understandings that we must address is the characteristics of scientific research. Black says that "sociology has the following characteristics of science; 1. sociology is empirical, 2. sociology is theoretical, 3. sociology is cumulative, 4. sociology is non-ethical" (Black, 1976, p 5). The book goes on to explain that empirical means that it is based on observation and reasoning, theoretical is the attempt to summarize complex observations in abstract, logically related propositions, cumulative shows how sociological theories build upon one another and that by being non-ethical means that sociologists do not ask whether particular social actions are good or bad, they merely seek to explain them. Social Research/ pg 3 The non-ethical statement could be the most important one of the four. As social scientists, a problem that we will almost always (in ourselves) is the urge to judge social actions, and present them as good or bad. That is not our job when conducting a research project. Our job should be conducted along the lines of maintaining the research process with stringent guidelines. As social scientists we must adhere to those guidelines in order for our presentation(s) of the material to be taken seriously. If we advocate the use of the material in certain ways, whatever ways those are, then we are no longer social scientists but could be considered as social advocates.
Monday, July 22, 2019
Racial Prejudices Essay Example for Free
Racial Prejudices Essay What is prejudice? set of learned beliefs and values that lead a person to be biased against other members of other groups. -prejudices are convenient(bequem,brauchbar,passend) and inaccurate. - people are not seen as individuals, biased people label other people to special groups -prejudice is mostly based on inaccurate information about people Prejudice originates from three common parts(these parts make up a prejudiced belief): 1. Generalisations -a very broad , simple statement about a group of people -here is perhaps an appropriate point to provide an example:All catholics or when the word they figures strongly -key words for generalisations are all and they generalisations are also very inaccurate , because we are not justified in saying that all members of these group or race share the same characteristic features. G. are unfair descriptions of people and they are mostly based on very incomplete information. Having met one member from a different group with an extraordinary behaviour ,we often assume that all mebers of this group show this same extraordinary behaviour. 2. Stereotyping. -exaggerated,often negative image of a particular group of people -a stereotyp often contains a grain of truth , but this grain of truth is combined with an exaggerated and undue image of this group. Ethnocentricity -there are two types of prejudices: 1. prejudice against all outsidersyour group is the only right and proper,all other groups are excludud,other groups are portrayed as being strange and inferior. 2. prejudice against specific groups- you are able to cope with some other groups,but you disapprove a special group of their religionthats why you have a prejudice against this particular group. But this kind of prejudice does not express that your religion is the best and that all other religions are worser than your own one. You are only biased against this particular religion. -prejudice against all other groups is called ethnocentricity Prejudice and discrimination Discrimination: -Speaking of Discrimination against a special group we mean the combination of prejudice with actions In this sense the word discriminating means that we are treating a group in a negative way. -the effect of people are discriminated against:loss in terms of money ,housing,education -the forms of Discrimination: 1. verbal abuse(anti-locution)through specific termsundermines their confidence-feeling of I am not desired in this society 2. Discrimination in jobsRefusal of jobs to a groupdisadvantage in terms of jobs,income,personal decline. 3. Attack on propertydestruction of carsExpulsion because there is a lack of physical security 4. Physical attack-Assaults on group members;stabs;deathsfurther lack of security;anger;frustration;formation of self-defence groups 5. Genocidemass murder of allextermination of whole families and cultural groups. Racial prejudice or racism -always aimed at special groups -racism bases on the belief that one group(identified by their physical appearance,the skin colour) is naturally superior to other groups-the superior group therefore holds the view that other groups get inferior opportunities and treatment,the belief in superiority is only the medium or justification for repressing other groups. -racism:hostility of any group towards other groups on the basis of perceived physical features. Why do we have prejudices? several reasons: 1. the warped personality. -children brought up in a tense and repressive family-inclination towards own authoritarian attitudes -individuals resentment about his or her childhood finds an outlet in hostility towards minorities -As to Adorno the prejudice springs from harsh childhoods and defective personalities 2. Scapegoating -frustration-aggression theory combined with the use of the idea of scapegoat= The own failure of people(such as financial security,good job,status symbol) evokes frustration. The people are not acquainted with the real cause of their failure. Their frustration develops into aggression. Frequently,as a result the people search for weaker groups to lay the blame on them. This groups are guilty of an individuals failure and frustration these people taking blame for an failure of other people are described or represented by scapegoats. Conformity -friends ,family your whole environment will induce you to share their views. They prevail upon you to be prejudiced against a special group. -The group pressure will cause you to agree with the group you are member of.
Sunday, July 21, 2019
Types Of Small Business Structures Business Essay
Types Of Small Business Structures Business Essay Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. Small business employs over half of the countrys workforce. While many people think that new industrial giants are the most important factor in driving the economy, but small business is actually in the top. Small business in all country has been the stabilizing force in the economy. Entrepreneurs are the backbone of creativity and production. Small business is what stimulates economic growth. Every country has its own criteria to separate small businesses from the larger ones Apart from number of employees other criteria for classifying a business as small are: Amount of capital employed Annual Sales turnover Value of assets Profits Types of Small Businessà Structures Making the right decision about the legal and corporate structure of the business is critical to long-term success. How establishing the business will affect ownership rights, personal liability risks, and how operate the business. The following is a simple breakdown of some of the different types of business structures. 1.à Corporations Corporations are governed by a set of By laws, which are usually filed along with Articles of Incorporation. Corporations become a legal entity that owns itself. Corporations can have their own bank accounts, assets, and even secure financing. All tax-exempt nonprofit organizations must be incorporated 2.à Limited Liability Company (LLC) (also called Limited Liability Corporation) A Limited Liability Company (LLC) is sometimes also referred to as a Limited Liability Corporation, but the preferred term is Company. It is one of the simpler ways to start a business, and is becoming one of the most popular ways to structure a business. An LLC is not a corporation, but has some of the protection benefits that a fully incorporated business structure has. 3.à Limited Liability Partnership (LLP) An LLP is similar to a general partnership; however, in an LLP, each partner is not liable for the actions of other partners. If one partner dies, the LLP automatically ceases. There are many forms or partnerships that can be formed. 4.à Sole Proprietorships The sole proprietorship is the easiest way to form a business. It is subject to the fewest regulations of all business structures. For tax and legal purposes, the business is the owner. When the owner dies the business automatically ceases. Starting a Business Identify Your Business Opportunity: Choosing what kind of business to start can be an immobilizing task when confronted with the multitude of opportunities. Its important to determine where the passions lie. Yet, equally important is what skills you bring to the table and whether you are entering a dying industry or a fast growing emerging business. Build a Business Plan: For any start-ups, a business plan allows you to gain a better understanding of your industry structure, competitive landscape, and the capital requirements of starting a small business. Find Start-up Money: To start a business, you must invest in the business. The journey of finding start up funds will be different for each individual. Some start ups such as consulting, requires a few thousand to get a website and business cards whereas a retail store could need lots of money. Finding the money you need may come for a source you never thought of . Name Your Business: Whats in a business name? The right business name will help distinguish you from a sea of bland competitors, provide your customers with a reason to hire you, and aid in the branding of your company. Learn what you need to know to find a name for your business. Choose a Business Structure: Deciding on the structure of your business is not a decision to be taken lightly. Whether you choose the popular LLC, a sole proprietorship or form a corporation; your choice will have an impact on your business liability, fund-ability as well as taxes due. Dont worry over your ultimate business structure, because as your business evolves, so too, may your structure. Get Your Business License and Permits: Starting a small business requires the ordinary, yet necessary, paperwork and regulations. Depending on your chosen business structure, may need to register your business with the state authorities. Setting up your small business may require an employer identification number which is also used by state taxing authorities to identify businesses. Additional paperwork can entail sales tax licenses. Set Up Determine Your Business Location: One of the multitudes of tasks in starting a business is the setting up of your office. There are many steps in office set up including where to locate your office (home or office space), buying the necessary office equipment, designing your work space and getting supplies. Get Business Insurance: As a new small business owner, you have the responsibility to manage the risks associated with your business. Dont put your new start-up at risk without getting the proper small business insurance to protect your company in the event of disaster or litigation. Create an Accounting System: The accounting and bookkeeping aspect of running your business cant be avoided. Setting up your accounting will help you understand the financials of running a business . Advantages and disadvantages of small business This Following are the advantages and disadvantages of small businesses to their owner or operator as well as the economy in which they operate. Appropriate government policies to promote small businesses are also discussed. Advantage of the owner There is a relatively small amount of capital needed to start the businesses. This is a very strong point as banks might not be willing to lend large amounts of money to businesses that are new. These businesses are good for those people who have experience in a field but do not have an adequate amount of resources. These resources of production could be land, labor, capital and enterprise. Enterprise is the risk taking ability of the owner. Small businesses give the owner the freedom to choose the way they want to work, the office hours, when to take breaks during the day or when to take a day off. The entrepreneur has complete right over the profit. He does not have to share it with other, unlike large public limited companies which have to give out the profits to a large number of shareholders in the form of dividends. Entrepreneurs own business motivates him to work harder as he takes all the profits and is Advantages of the Economy à à They provide employment to a very large number of people. In some economies, they employ more than half of the total employees. They act as competitors to larger firms which will help improve their efficiency and lower the prices offered to the consumers. Small firms might come up with very innovative ideas which can lead to mass production of products and exports to foreign markets which has huge advantages for the economy. Most businesses start with being small. Therefore there is an enormous chance that small businesses of today might become the market leaders of tomorrow and provide greater benefits to the economy. Government Policies to Help Small Businesses The governments should offer lower amount of corporate taxes for small businesses. Most governments do that. Loans should be provided to these businesses which are free of interest or at very small rates of interest. Grants should be given to small businesses for operating in underdeveloped areas of the country with high unemployment The government should provide them satisfactory level of training so that the owners and employees could work more efficiently to make the business a successà [1]à The importance and benefits of small businesses Small businesses are vital to the success of the economy. Not only as they provide the success stories of the future, but also because they meet local needs. They serve the requirements of larger businesses. Being entrepreneurial simply means developing the right skills, attitudes and initiatives to make an innovative contribution to an organization. Small businesses survive and prosper for many different reasons: Developing personal relationships small businesses are well placed to build personal relationships with customers, employees, and suppliers. With a small business you know who you are dealing with; you can put a face to the person you are in contact with. Person-to-person interaction is as important as ever in building strong relationships. Responding flexibly to problems and challenges in a small business there is little hierarchy or chain of command. Large businesses may have set ways of operating and establish procedures that are hard to change. Small businesses are often far more flexible. It can also reach a quick decision on whether or not it can do what is required. Inventiveness and innovation small businesses are well positioned to introduce and develop new ideas. This is due to their owners not having to report or seek approval from anyone else. Low overheads due to the small scale of operation, small businesses have lower overhead costs. They operate in small premises with low heating and lighting costs, and limited rent and rates to pay. Low costs result in lower prices for consumers. Catering for limited or niche markets -large firms with high overheads must produce high levels of output to spread costs. By contrast, small firms are able to make a profit on much lower sales figures. They can therefore sell into much smaller markets: a local window cleaner serving a few hundred houses, a specialist jewellery maker with personal clients. The main reason many people choose to set up a small business, is because it gives them independence. They also reap the rewards for themselves; these are two powerful incentives Small businesses face the following problems Costs A study conducted by the National Federation of Independent Business reported in 2008 that the primary problem that business owners face is the expense of running the business. The inability to control some costs, including health insurance, energy bills and inflation, add stress to the business owners bottom line. In addition, the cost of paying employees, stocking inventory and basic overhead can create cash flow issues for the small business owner. Time Management Time management can become problematic for the owner of a small business. Small businesses often operate on a very tight budget, precluding the hiring of many employees. The owner is often faced with trying to manage and grow the business, while at the same time having to run the everyday operation. Small business owners can also find themselves so tied up in running the business that they dont take time to enjoy families, hobbies or other activities. Inflexibility Refusing to let go of an idea and move on to something else is a common problem for small business owners, according to the Nevada Appeal. For small business owners to succeed, it is important for them to be willing to think like an entrepreneur and explore many different ideas. Whether it is the need to change inventory, provide additional services or move to a new location, a small business owner must remain flexible if he wants his small business to succeed. Obtaining Credit Access to credit can be an issue for the small business owner, according to the Washington Post. A business line of credit can provide necessary cash flow during the start-up months. It can also ensure that the owner has the ability to fill the business with inventory and meet her payroll. A small business, however, will not always qualify for a large credit line, which can impede the owners ability to succeed. Employee Issues Small business owners often face a problem when it comes to hiring a workforce. Staffing enough workers to adequately cover the business needs without destroying the businesss profit margin can be a tricky process. Under capitalisation Poor debt management Lack of managerial skills of the owner Cannot retain experienced staff Usually find it difficult to attract skilled staff Poor stock management How can small business survive Small firms survive by being different (product differentiation). They can survive by Segmenting the market by income. They can target niche market segments of high income customers, position their product as a premium brand at a high premium price eg Morgan sports cars Small firms have the advantage of being able to respond quickly to change they do not have the bureaucratic procedures often a feature of large firms where decisions are made only after endless meetings. This means they can be quick to exploit new market trends. The Internet also allows small firms direct access to consumers, by passing intermediaries. The web gives small firms the opportunity of international marketing. Small independent firms can join together to form a buying group to negotiate discounts on joint orders. Small firms can survive by selecting a premium niche and offering an exclusive brand that exactly meets the customer requirements of their target segment. They will need to be totally customer orientated. Keep well documentation forà accounts receivable financingà when unexpected expenses arrive.Ã
The I Am Sayings Of Jesus Religion Essay
The I Am Sayings Of Jesus Religion Essay There are seven statements in the book of John in which Jesus says, I am something. In this essay I will look at the list of the seven statements and I will begin with Jesus saying I am the light of the world. Throughout this essay, I plan to cover each of these sayings of Jesus separately and I will attempt to give a brief discussion on each of them. Each proclamation reveals the different facets of Jesus and gives a different sense of understanding, but, overall, all sum up the revelation of who Jesus is. Further I will look at why these statements are significant to our salvation. These statements are as follows: I am the good shepherd, I am the resurrection and the life, I am the true vine I am the way, the truth and the life I am the bread of life and, lastly, I am the door. I am Light of the world. John 8:12. John 8:12 proclaims the words of Jesus saying, I am the light of the world; he who follows me will not walk in darkness, but will have the light of life. There are many who follow false light that eventually leads to devastation; but the truth is found only in Christ. Eternal salvation should be our ultimate goal in life and Jesus is the only light that leads to a life of fulfillment. There was a strong opposition that came from the Pharisees against the claims of Jesus, they did not believe in His proclamation as the light of the world. They took him as one of those bubblers who did not know what He was saying. The word light here is used as a metaphor and it is repeatedly quoted throughout the Bible. The representation here is of Jesus being the truth. In other words if the Pharisees reject Him, then they are actually rejecting the truth, and because they reject the truth, then they walk in darkness. Therefore, they do not know who they are and were they are going as they are in darkness without Jesus. Just like the story of the adulteress woman, she lived in sin for many years and one day she was caught red handed in the very act. Then the Scribes and Pharisees came to Jesus and said to Him, Teacher, this woman was caught in adultery, and according to the Law of Moses, such deserve to be stoned to death. So the Scribes and Pharisees came to Jesus and said to Him, Teacher, this woman was caught in adultery, now Moses in the Law commanded us that such should be stoned, but what do you say? Jesus stooped down then later answered them saying if there is any among you without sin, let them be the first to throw a stone at her. Realizing their own wrongs, they began to leave one by one until they were all gone and the woman was left alone. Then Jesus said to the woman, has any one condemned you? she replied by saying, no one, Lord. And Jesus said to her, neither do I condemn you; go and sin no more. In this story we see that Jesus is the light of the world and indeed He is the truth. The accusers of the woman were convicted because the light was shown in their hearts and they saw their own sinfulness. Therefore the world is lost without Jesus. Darkness controls us and unless the light of Jesus shines upon us, we can see the truth. But while we have the light, we must believe in the light, that we may become children of the light (John 12:36). The light here signifies Jesus and that without Jesus in us and leading us, we walk in darkness and are lost. I am the good shepherd. John 10:11 Jesus said I am the Good Shepherd. Those who come before me are robbers and thieves and my sheep do not hear them. The shepherd who takes care of his flock and gives his life for the sheep is the good shepherd and not a hireling. The sheep hear his voice and he calls them by name and they follow him. And Jesus claimed Himself to be the good shepherd. The Jews actually thought He has a demon and is mad. This did not stop Jesus continuing His proclamation as the good shepherd. Sheep without a shepherd will be scattered and lost. For they know the voice of the and when he calls they hear him. The voice of a stranger, they do not hear. When its night time and the sheep are in, the shepherd guards the doorway. If a hireling tries to enter, the shepherd would defend his sheep by fighting back, to the extent of willing to lay down his own life for the sake of the sheep.Ã The fact that there is only one door to the sheepfold, the enemy cannot enter the sheepfold except through him. This is the sacrificial duty of every good shepherd, who is willing to lay down his life for the sake of the sheep. Jesus is our great shepherd; there will never be anyone like Him, willing to lay down His life for our protection. The shepherd had the right to lay down his life to purchase His flock. Jesus is the best of shepherds, none so skillful, so faithful, and so tender, as He. I am the resurrection and the life. John 11:25 I am the resurrection and the life; he who believes in me, though he die, yet shall he live, and whoever lives and believes in me shall never die (John 11:25-26). This is a proclamation that should settle our fear of death once and for all. Jesus declared Himself as the very essence of existence. In other words He is existence Himself and that apart from Him none can exist in this age and the age to come. Simply put, everything culminates in Him and everything holds together in Him. Jesus indicates that if He would let go of His hold on us, we would be nonexistent instantly. This deeply reveals our desperate need of Him because He holds us together. This is beautifully illustrated in the death of Lazarus. When Jesus was told about Lazarus death, He did not panic as we would definitely. He was inexplicably calm such that He went about doing what He was doing even after hearing such heart breaking news. For He said to the disciples, Lazarus is sleeping but I go to wake Him up, they said if he is sleeping, then he will get well. Jesus knowing that they did not understand, He emphatically told them that Lazarus is dead. He then said that this is for the glory of God and that the Son of Man may be glorified in this. Later when Jesus met Martha, Lazarus had been in the tomb for four days. Martha cried to Jesus after he finally came, that if had come early, and his brother would not have died. In contrast, Jesus said to her, your brother will live again. But Martha did not understand what Jesus was saying. Jesus said to them that if they would believe, then they would see the glory of God. In this story, Jesus demonstrated His resurrection power, showing that there was nothing He could not do. Jesus is the power of our salvation, He brings new life to the dead spiritually. By the mercies of God, how can the world ignore a person like this? I am the true vine. John 15: 1-6 Jesus declared that He is the true vine and His Father is the gardener. That He is the vine and we are the branches, therefore when we remain in Him and Him in us, then we bear much fruit. The branch that does not produce fruit, He takes away but the branch that bears fruit, He prunes so that it can produce more fruit. Like a tree and its branches, it is virtually impossible for the branches to be cut and expect them to live. The food of the branches flows through the trunk of the tree from the roots. Therefore if the branches are cut off, then there much needed nourishment is cut off as well and the branches wither and die. In the same respect, Jesus is our vine and we are His branches, we feed from Him, our lives are healthy because of Him. If we are cut off, like the branches of a tree, we wither and die. Jesus said that when we abide in the word and the word abides in us, anything is possible when we ask. Therefore we need the word of God in us and if the word dwells in us and we embrace it wholeheartedly, then and only then are we able to be productive to the glory of God. The scriptures say, man shall not live by bread alone but by every word that proceeds from the mouth of God. The scriptures also say that when the word of God is a lamp to our feet and a light to our path. The faith by which we received the word of Jesus purifies our hearts. The word refines us from the dross of the world and the flesh because it is a cleaning virtue. I am the way, the truth and the life. John 14:6. In this verse Jesus said that no one comes to the Father except through him, no one knows the Father except through him and no one lives the life of the Father except through him. In this passage of scripture, Jesus emphatically says that no one goes to the Father nor sees the Father except through me. One day Thomas said to Jesus, Lord, we do not know where you are going, and how can we know the way. And Jesus answered saying, You know me and you know my father also and from today you know Him and have seen Him. By this saying He meant if we see Him then we have seen the Father for the Father and the Son are one. What is truth? And what is a lie? Jesus called the devil a liar and the Father of lies. And that he speaks lies from his resources and that he is a liar from the beginning. Jesus is often quoted as saying, I tell you the truth He always told the truth because He is truth and He is true in every way. Grace and truth came with Jesus for it is said that, we have seen his glory, the glory of the Son of God, full of truth and grace (John 1:14) I am the Bread of Life. John 6:35 Jesus said, I am the Bread of life. He said that you go to buy bread that does not last, for after you eat it, you hunger again for more bread. Come and eat my bread and you will not hunger again and it is free. He also said to the Samaritan woman, come and drink my water and you will never thirst again. Not understanding what He meant, she said the well is deep, how can you give me water when you do not have something to draw water with. Jesus corrects her by saying, I am your well, and when you come and drink of me, you will never thirst again. The water from Jesus will become a fountain of water springing up into everlasting life. Like the Samaritan woman, Jesus was on several occasions misunderstood by people, for instance, He tells His followers that if they eat His meat, then they have eaten meat indeed and if they drink His blood, they have drunk drink indeed. His followers were so confused about what He meant such that they decided to walk away and thought amongst themselves that, He must be mad, how can we eat of His flesh and drink His blood? Most of the disciples turned and walked away from Jesus. However, how many times do we misunderstand Him today? We sometimes think we know, yet we do not. Jesus also fed the five thousand people that followed Him. He took a boys lunch, only five small loaves of bread and two small fish. He had the crowd sit down and He took the bread and fish; He gave thanks for the food, and then gave it out to the people. By a miracle hand of God, He multiplied the food such that there was more than enough for over 5000 people. During the night, Jesus walks on the water, gets into the boat and arrives at Capernaum. The next day, the people realize that Jesus is not there but do not understand how he left. They get into boats and travel to Capernaum and find Jesus there. They ask him, When did you come here? Jesus replies to them that the reason they are seeking him is because they want more food. The people asked how they can do that and Jesus tells them that they must believe in the one that God has sent. In other words, Jesus wanted them not only to follow Him for physical food that does not last but for food that is everlasting. And that is only accomplished by believing that Jesus Christ was sent from God and that He is the true bread of life and those who partake of Him will never hunger again. I am the door John 10:1-10 Jesus said, I am the door, if anyone enters by Me, he will be saved, and he will go in and out and find pasture. Jesus said this to emphasis a point about who He is. During the time of Jesus, animals were kept in sheep folds and these sheep folds had only one door for animals to go in and out. They would have a wall either built with stones or made from branches and they would be completely closed except for one entrance where the sheep went in and out. Usually the entrance would not have a gate across it but would simply be a gap. But at night when the sheep were in the pen, the shepherd himself would lie across the entrance. So this made shepherd himself to become the gate to the sheep fold. By lying across the entrance the shepherd could keep close watch on the sheep and protect them from any intruder or hireling that may threaten to attack the sheep. The Pharisees seem to prove his point when Jesus gives them this illustration and once again they just dont understand what He means. So Jesus makes it plain to them when He tells them in verse seven saying I am the door of the sheep. Jesus makes this even clearer in verse nine when He says If anyone enters by Me, he will be saved. So this is not as complicated as the Pharisees made it out to be. This is what John has been trying to let us know all the way through this gospel. The Jews had long understood that the Messiah would bring salvation. The coming of the Messiah was something they looked forward to. CONCLUSION The conclusion of the matter would therefore seem to say that, Jesus is throughout the gospel of John trying to reveal who He is. Though He is misquoted and misunderstood on several occasions, He still does not give up the sole task of trying to reveal why He is here on earth. The evidence of His arguments and statements prove this point. For He repeatedly says, I am the light of the world, I am the good shepherd, I am the bread of life and that I am the door. In all these I am sayings, Jesus is attempting to drive home the central idea that no one can be saved except through Him. He is not only our way to salvation but He is our salvation. Therefore to reject Him is as good as rejecting the very power of salvation.
Saturday, July 20, 2019
australias wage determination system Essay -- essays research papers
Australia has gone from a highly centralized wage determination system to a mainly decentralized one. There has been a move away from accords and awards to enterprise bargaining, through the 96 Workplace Relations Act. Recent policies include changes to unfair dismissal claims and the 2005 workplace reforms package. Throughout the 20th century, Australia has maintained a system of tribunals to make decisions about wage and non wage outcomes and to help resolve industrial disputes. Institutional forces affect the operation of the free market in order to improve labour market outcomes, such as guaranteeing minimum wages and conditions. The four institutional forces that affect labour markets are Governments, Trade Unions, Employer associations and Industrial Relations tribunal. Trade unions represent groups of workers on a collective basis. The most important trade union is the Australian Council of Trade Unions (ACTU), which is the peak union body to which most unions are affiliated. Trade unions membership has declined substantially from the 1970à ¢Ã¢â ¬Ã¢â ¢s with an average membership of 55% to just 23% in 2003. This is caused by the increase in casual and part time employment, growth in industries with low union membership such as retail and the decentralization of wage determination. Employer associations represent business groups in similar industries in industrial relations matters. They seek wage moderation to maintain profitability. The head employer association is the Australian Chamber of Commerce and Industry. At the federal level is the independently run Australian Industrial Relations Commission (AIRC). They establish and maintain the fair minimum rates of pay and conditions (award safety net system) for all workers. Award wage increases are determined by the AIRC annually after hearing submissions from the government, ACTU and unions. They apply the no disadvantage test to CAà ¢Ã¢â ¬Ã¢â ¢s and AWAà ¢Ã¢â ¬Ã¢â ¢s to make sure workers are better off than the underpinning award. They also help settle industrial disputes through conciliation and arbitration. Move Away from centralized The Accords (1983-1995), were a social contract negotiated between the Federal Government and ACTU on minimum wages and specified working conditions for a number of occupations under Federal awards. This centralised wage system reduced the levels of inflation, industrial disputation and un... ...ver the wage determination role of the Australian Industrial Relations Commission (AIRC). It is meant to boost productivity by increasing workplace flexibility and placing new constraints on unions. The change is aimed at having workers covered by individual employment agreements rather than collective awards. Its creation is a big win for employer groups, who have campaigned for decades to strip back the powers of the industrial relations umpire to determine workplace arrangements. However, many believe it will lead to a reduction in pay and conditions. New legislation will also strip back minimum employment conditions. The current 20 "allowable matters" will be cut to about 16. The wage determination system has moved from centralised determination through National Wage Cases towardst an enterprise bargaining framework. Safety nets are there mainly for low paid workers who are unable to secure wage increases under enterprise bargaining. There has been sustained moderate wage increases, low inflation, strong productivity growth and employment growth. This system appears to generate the best of both enterprise agreements and centralised wage determination.
Friday, July 19, 2019
Vouchers and School Choice - Vouchers are Not the Solution Essay
School Vouchers: Not the Solution à à As standardized test scores continue to plummet and our nation falls farther behind such industrial rivals as Germany, England, Australia and Japan in comparable education, parents are questioning the current system of education. After being kicked around the national agenda for decades, the school voucher issue is finally being emphasized in several state legislatures, as well as in Congress. In the website titled "Vouchers: No, but...Taxpayer Help to Parents will Advance Separation", David Bahurlich reinforces his support of school vouchers, both publicly and privately funded, in an attempt to show that vouchers will lead to a better quality of education for the children in our school system today. Although I agree with the goals he thinks this will accomplish, I do not think vouchers to be the most effective manner of accomplishing them. à There are two possible forms the voucher system that is being advocated could take. The first involves matching vouchers in which local businesses provide half of the money for the education of each child and parents match this amount, dollar for dollar ("Privately Funded"). The second form is the one being pushed for the strongest on the national level, public school vouchers. In this system the parents will be given an Educational Performance Grant (EPG) for each child, which can be spent on that child's education in either a private or parochial school, in a different public school system, or on something else entirely. Idealistically, this would force the public institutions to compete for the best students and for funding, leading to a better quality of education ("Freedom Lovers", "Vouchers"). The EPGs would be created by allotting ea... ...eries" February 25, 1997 (http://www.weac.org/resource/nov96/vouchers.html) "Freedom Lovers For Tax-Funded Vouchers" February 25, 1997 (http://www.sepschool.org/edlib/v2n6/favors.html) "Interview with David R. Henderson" February 25, 1997 (http://www.sepschool.org/edlib/v2n6/squirm.html) "Privately Funded School Vouchers" February 25, 1997 (http://www.cbn.org/news/stories/vouchers.html) "Recent Education Publications" February 25, 1997 (http://www.rand.org/publications/RRR/RRR.winter945education/ Recent_Education.html) "Short Takes on Vouchers" February 25, 1997 (http://www.sepschool.org/edlib/v2n8/shorts.html) "Vouchers: No, but...Taxpayer Help to Parents will Advance Separation" rebuttals by David Bahurlich February 25, 1997 (http://www.sepschool.org/edlib/v2n8/advance.html) à Back to the Main Page My Knees are Shaking Ã
Thursday, July 18, 2019
Female Power, Maternity and Genderbending in Shakespeares Antony and C
Female Power, Maternity and Genderbending in Shakespeare's Antony and Cleopatra The 19th century essayist and literary critic William Hazlitt wrote of Cleopatra, "She is voluptuous, ostentatious, conscious, boastful of her charms, haughty, tyrannical, [and] fickle," which are "great and unpardonable faults" (Hazlitt 2-3). Much of the criticism of Antony and Cleopatra has recycled this judgement, depicting Cleopatra as a villainess uses her eroticism and sexuality to motivate Antony to seek power. Cleopatra is memorable for her propensity for violence as well. While Antony and Cleopatra was written after the death of a violent English queen, Elizabeth I, Shakespeare may have been faced with a dramatic dilemma: how to make a woman seem believably violent and intimidating on the stage. Coppà ©lia Kahn notes that Cleopatra was "Rome's most dangerous enemy" (111),i but how does one make the Queen of the Nile seem like such a threat during a time when women had little social and political power. Shakespeare does several things to accomplish this task: 1) he loca tes Cleopatra's power in a foreign or supernatural realm; 2) he inverts her gender role with that of Antony; 3) he suppresses her maternal qualities; and 4) he allows her to be redeemed only in death. Indeed, it is the only way to handle a difficult woman on the Jacobean stage. Locating Codes of Female Power In Antony and Cleopatra, the Roman values of honor and bravery embody masculinity, while Egypt and the Orient symbolize feminine weakness and fragility. Caesar and Agrippa are depicted as reasonable, logical, and practical, especially in matters of strategy and war. Cleopatra and her servants and eunuchs are consistently referred to in terms of laziness, let... ...ication of her superior intelligence. She understands that, should she live, she will be taken to Rome and will suffer the humiliation of seeing "some squeaking Cleopatra boy my greatness / I' th' posture of a whore" (V, ii, 216-217). iv In addition, Cleopatra has demonstrated her readiness in the past to ruin Egypt for Antony's sake. Without blinking, she considers "unpeopling" her country in order to send a new messenger to Antony in Rome every day. To mirror Antony's "Let Rome in Tiber sink," Cleopatra says, "Let Egypt in Nile melt." v Of course, her actions indicate that, as a Roman wife, her entire existence must center on Antony only, which means a rejection of anything else, including her earthly children ("What should I stay--"). The point is to emphasize her selfishness and her absolute focus on Antony, a constant of the queen's personality.
Findings, Recommendations and Conclusions on Hyundai Motors
A REPORT ON INTERNSHIP TRAINING SAGAR LOGISTICS LIMITED Submitted in the partial fulfilment of the requirement for the award of the degree of MASTER OF INTERNATIONAL BUSINESS By SIDHARTH THOMAS REG NO: 11MIB111 2011-2013 SCHOOL OF COMMERCE AND INTERNATIONAL BUSINESS Dr. G. R. DAMODARAN COLLEGE OF SCIENCE (Autonomous) Affiliated to Bharathiar University and Re accredited with ââ¬ËAââ¬â¢ grade by NAAC, An ISO 9001:2000 Certified Institution Civil Aerodrome Post, Avinashi Road, Coimbatore- 641 014. SCHOOL OF COMMERCE AND INTERNATIONAL BUSINESS Dr. G. R.DAMODARAN COLLEGE OF SCIENCE (Autonomous) Affiliated to Bharathiar University and Re accredited with ââ¬ËAââ¬â¢ grade by NAAC, An ISO 9001:2000 Certified Institution Civil Aerodrome Post, Avinashi Road, Coimbatore- 641 014 CERTIFICATE This is to certify that the internship report on GENERAL STUDY ON LOGISTICS is a bonafide record of work done by SIDHARTH THOMAS REG NO: 11MIB111, in partial fulfilment of the requirement for the award of the degree of MASTER OF INTERNATIONAL BUSINESS COURSE DIRECTOR Submitted for Viva-Voce Examination held on INTERNAL EXAMINER à à à à à à à à à à à à à à à à à à à à EXTERNAL EXAMINER DECLARATIONI hereby declare that the internship report on ââ¬Å"A GENERAL STUDY ON LOGISTICSâ⬠DONE AT SAGAR LOGISTICS submitted in the partial fulfilment of the requirements for the award of the degree of MASTER OF INTERNATIONAL BUSINESS is the original work carried out by me. It is not formed as a part of any other project work submitted for the award of any degree or diploma, either to this or to any other university. SIDHARTH THOMAS REG NO: 11MIB111 ACKNOWLEDGEMENT I express my sincere thanks to DR. K. K. RAMACHANDRAN, Director, G. R. D SCHOOL OF COMMERCE AND INTERNATIONAL BUSINESS, for providing me this opportunity to take up this internship training.I wish to express my deep sense of gratitude to Mr. VS PRADEEP, CHIEF EXECUTIVE OFFICER of SAG AR LOGISTICS PVT LIMITED, for his kind acceptance of training request in the company. The gratitude passes to all the trainers ofà SAGAR LOGISTICS PVT. LTD, who gave me support and training during my internship training in the company. I also express my sincere thanks to Mr. S. MOORTHY who guided me throughout my report. I extend my sincere thanks to all my family members for being extremely supportive during my training period. SIDHARTH THOMAS TABLE OF CONTENT S. NO| CHAPTER| NAME| PAGENO| 1. | I | 1.INTRODUCTION TO INTERNATIONAL BUSINESS2. INTRODUCTION TO THE INDUSTRY3. OBJECTIVES4. ROLE AS AN INTERN| 6-891011| 2. | II| 1. COMPANY PROFILE2. VISION AND MISSION3. PRODUCT PROFILE/ SERVICE PROFILE| 111212-20| 3. | III| 1. DEPARTMENTAL ACTIVITIES| 20-26| 4. | IV| 1. OUTCOME OF THE INTERNSHIP2. CONCLUSION| 2728| Introduction to international business International business is a term used to collectively describe all commercial transactions (private and governmental, sales, investments , logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundary.Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons. 1 It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources include capital, skills, people etc. for international production of physical goods and services such as finance, banking, insurance, construction etc. 2 International business involves commercial activities that cross national frontiers.It concerns the international movement of goods, capital, services, employees and technology; importing and exporting; cross border transactions in intellectual property via licensing and franchising; investments in physical and financial assets in foreign countries; contract manufacture or assembly of goods abroad for local sale or for export to other nations; buying and selling in foreign countries; the establishment of foreign warehousing and distribution systems; and the import to one foreign country of goods from a second foreign country for subsequent local sale. 3All the basic tools and concepts of domestic business management are relevant to international business. However, special problem arise in international business, in particular * Deals might have to be transacted in foreign languages and under foreign laws, customs and regulations. * Information on foreign countries needed by a particular firm may be difficult * Foreign currency transactions will be necessary. Exchange rate variations can be very wide and create many problems for international business. * Numerous cultural differences may have to be taken into account when trading in other nations. Control and communication systems are normally more complex for foreign than for domestic operations. * Risk levels might be higher in foreign markets. * International managers require a broader range of management skills than do managers who are concerned only with domestic problems. 1-Daniels, J. , Radebaugh, L. , Sullivan, D. (2007). International Business: environment and operations, 11th edition. Prentice Hall. * Large amounts of important work might have to be left to intermediaries, consultants and advisers. * It is more difficult to observe and monitor trends and activities in foreign countries.Why firms engage in International Business? Business undertakes international operations in order to expand sales, acquire resources from foreign countries, or diversify these activities (Anderson 1993). The motives for operating internationally are as follows: * Commercial risks can be spread across several countries. * Involvement in international business can facilitate the ââ¬Ëexperience curveââ¬â¢ effect. * Economies of scope (as opposed to economies of scale) might become available. Economies of scale are reductions in unit production costs resulting from large scale operations. The costs of new product dev could require so much expenditure that the firm is compelled to adopt an international perspective. * There might be intense competition in the home market but little in certain foreign countries. * A companyââ¬â¢ overall strategies and plans can be anchored against a wider range of opportunities. Sudden collapses in market demand in some countries may be offset by expansions elsewhere. * Cross-border trade is today much easier to organise than in the past. International business is not new ââ¬â businesses and nations have conducted trade across national boundaries for centuries.Lured by the prospects of large markets and/or sources of raw materials, businesses have traded with other parts of the world. But as we will see later global business and global industry is different. Overseas trade and Ansoffââ¬â¢s matrix Thinking about international business in the contex t of Ansoffââ¬â¢s matrix: * Entry into overseas markets represents market development. * Existing products are sold in new markets. * It is appealing because: ââ¬â market penetration is difficult in saturated markets. ââ¬â product development is costly. ââ¬â diversification is risky Why enter overseas markets?The reasons for entering overseas markets can be categorised into ââ¬Å"pushâ⬠and ââ¬Å"pullâ⬠factors: Push factors * Saturation in domestic markets * Economic difficulty in domestic markets * Near the end of the product life cycle at home * Excess capacity * Risk diversification Pull factors * The attraction of overseas markets * Increase sales * Enjoy greater economies of scale * Extend the product life cycle * Exploit a competitive advantage * Personal ambition Factors in the choice of which overseas market(s) to enter: * Size of the market (population, income) * Economic factors (state of the economy) Cultural linguistic factors (e. g. preferenc e for countries with similar cultural background) * Political stability (there is usually a preference for stable areas) * Technological factors (these affect demand and the ease of trading) Constraints and difficulties in entering overseas markets: * Resources * Time * Market uncertainty * Marketing costs * Cultural differences * Linguistic differences * Trade barriers * Regulations and administrative procedures. * Political uncertainties * Exchange rates (transactions costs & risks) * Problems of financing * Working capital problems * Cost of insurance Distribution networks Exporting is only one method of doing business internationally * We normally think of overseas trade in terms of exporting and importing goods and services * This involves transporting goods and selling them across national boundaries. * Direct exporting implies that the domestic firm is actively involved in selling the goods abroad * Indirect exporting means that the marketing of goods is delegated to export a gents and the UK manufacturer concentrates on production * But exporting involving the movement of goods is only one method of engaging in international businessOther methods of market entry * Overseas product an/or assembly (producing goods abroad) * International alliances and joint ventures (working with foreign companies) * International M&A (mergers and acquisitions across frontiers) * International franchising and licensing allowing foreign based firms to produce, market and distribute goods in specified areas abroad) A. Definition LOGISTICS IS THE ART AND SCIENCE OF MANAGEMENT, ENGINEERING AND TECHNICAL ACTIVITIES CONCERNED WITH REQUIREMENTS, DESIGN AND SUPPLYING, MAINTAINING RESOURCES TO SUPPORT OBJECTIVES, PLANS AND OPERATION. ââ¬â SOCIETY OF LOGISTICS ENGINEERS (SOLE) 1974. Fierce competition in todayââ¬â¢s market has forced business enterprises to invest in and focus on supply chains. The growth in telecommunication and transportation technologies has led to furthe r growth of the supply chain. The supply chain, also known as the logistics network, consists of suppliers, manufacturing centers, warehouses, distribution centers and retail outlets, as well as raw materials, work-in-process inventory and finished products that flow between the facilities.The logistics management takes into consideration every facility that has an impact on cost. It plays an important role in making the product conform to customer requirements. Also it involves efficient integration of suppliers, manufacturers, warehouses and stores and encompasses the firmsââ¬â¢ activities at many levels, from the strategic level through the tactical to the operational level. Logistics is a challenging and important activity because it serves as an integrating or boundary spanning function.It links suppliers with customers and it integrates functional entities across a company. With the ever-growing competition in todayââ¬â¢s market place it becomes necessary for a firm to u se its resources to focus on strategic opportunities. This includes several internal factors like management style, culture, human resources, facilities and several external factors like technology, globalization and competition. This is where the concept of logistics plays a major role, i. e. it helps to leverage certain advantages the firm has in the marketplace.B. Role of Logistics Lets us now have a look at how logistics works. It is important to recognize the importance of a dynamic balance between the minute details and the main elements involved in a product. The Role of Logistics is to maintain that balance. Once the firm realizes the importance of logistics it is necessary that the firm make full and efficient use of logistics. The first step is to create a buyer value for the customer and a strategic value for the firm. The customer is the most important asset for a company.He drives the entire supply chain including manufacturing, marketing and logistics. Hence it is impo rtant for a firm to have a clear understanding of what the customer demands and to keep up to the customers expectations. Once a company has a clear understanding of its customerââ¬â¢s requirements it must device a strategy on how to use logistics to achieve it. This means that the company has to have a clear understanding or assessment of companyââ¬â¢s strategic direction. Now lets take a look at the various steps involved in a logistics strategy development and planning process.Visioning: this includes the systematic development of an organizational consensus regarding the key inputs to the logistics planning process as well as identification of the potential alternative logistics approaches. This is an important step for the following reasons: * Helps to define a strategic direction to the company and also to get a clear understanding the role of logistics in it. * Get a clear idea of the requirements of the various segments of customers. * Have a look at the various factor s that would affect the strategy of the company. * Define alternative strategies and also the scope of the planning effort.Strategic analysis: this involves taking a look at the various components involved in the process and selecting the best logistics process among the alternatives. These components, which are to be reviewed, are revealed during he first step. This may include revamping the entire process to assessing how a single component can be used more effectively. Planning: this involves the assembling of a plan that outlines the mission and goals for the logistics function and the programs and activities to achieve these goals. Logistics planning is an iterative process.The plans have to be redefined every year to improve the quality of performance. Managing change: this involves effective management to implement enhanced ways of conducting business. The management should keeping changing the plans in accordance with the change in the market and also coach the organization to effectively embrace this change. C. Current Logistics Related Issues There are several factors that affect logistics. These issues need to be anticipated, prepared for and taken advantage of for a company to be successful in todayââ¬â¢s market. They are External: * Globalisation * Technology Workforce 2000 * challenging nature of the work force * Environmental concerns Internal: * Customer service and quality * Third party networks * Supply chain management * Changes in management and organization style Listed below are some of the steps that could be followed to mitigate the above mentioned issues: Performance: * Better service for customers * Improved productivity * Assess just in time and quick response needs System structure: * Better relationship with vendors, customers and third parties to more effectively manage the supply chain * Better relationship within and across the organizationTechnology integration: * Better information systems that connect functions and organiz ations * Combine information and material handling systems for increased efficiency and effectiveness. OBJECTIVE OF THE STUDY * To study the performance of LOGISTICS process. . * To know about the marketing techniques and promotion measures. * To understand the overall functioning of all the various departments. AS A INTERNEE I did my Internship training at SAGAR LOGISTICS PVT. LTD. I had a very good experience observing and working with various departments of SAGAR.COMPANY PROFILE SAGAR shipping was started in the year 1987 at Willington Island, Kochi, Kerala to provide professionalized service in the area of clearing and forwarding. This is our Silver Jubilee year. OUR LEADER & MISSIONARY : Mr. V. S Pradeep is the founder of this organization and is the chief executive officer. Amongst the many laurels that adorn his professional cap the following needs special mention. President Cochin Customs Agent Association (1999-2001) Director Indian Chamber of Commerce & Industry (Two terms ) Trustee Cochin port (2000-2002)OUR MISSION : Our mission is to provide a personalized touch to the professional service of Clearing & Forwarding by finding the right person for the right job and by ensuring the right job for the right person. It is our Endeavour to translate our years of experience, competence and goodwill to cater to the stringent demands of changing times. We take pride in building long term relationships and quality service with uncompromising thoroughness, integrity, confidentiality and timely delivery. We take time to listen, understand and match the needs of our clients.OUR ETHICS : We are a value based organization. We conduct reference checks before our service is offered. We ensure confidentiality to our clients. OUR SERVICES : * Custom Clearing forwarding * Baggage clearance * Packing * Freight forwarding * Warehousing * Transporting Packing and Warehousing The packing of the goods for export is a complex task to ensure goods are protected against the ri sks involved in their handling and the modes of transportation being used. Consideration needs to be given to the climates and terrain of the countries through which the consignments will be travelling.Too much heavy packing could prove costly for goods travelling by air, for example. On the other hand, too little packing might prove a false economy. Many forwarders provide a packing service for their customers, and the forwarderââ¬â¢s expertise . . Who are Freight Forwarders? The different types of freight forwarding companies can be broadly divided into three categories: Local companies ââ¬â These are generally small single office companies which tend to deal with customers in the local area, or operate at a seaport or airport concentrating on particular types of traffic.National companies ââ¬â Many forwarders have offices in the major ports and airports throughout the country as well as in the largest industrial towns. They may also have warehousing or handling depots from where they operate their own services. Such companies will often have agents or correspondents overseas in the markets with which they operate. International companies ââ¬â The truly international company will have its own offices overseas and offer a wide range of worldwide services. Import Procedures Procedures have to be followed by ââ¬Ëperson-in-charge of conveyanceââ¬â¢ as well as the importer.WHO IS ââ¬ËPERSON IN CHARGE' ââ¬â As per section 2(31), ââ¬Ëperson in charge' means (a) In case of vessel ââ¬â its master (b) In case of aircraft ââ¬â its commander or pilot-in-charge (c) In case of train ââ¬â its conductor or guard and (d) In case of vehicle or other conveyance ââ¬â its driver or other person in charge. The significance of this definition is ââ¬â He is responsible for submitting Import Manifest and Export Manifest He is responsible to ensure that the conveyance comes through approved route and lands at approved place only. He has to ensure that goods are unloaded after written order, at proper place.Loading also has to be only after permission. He has to ensure that conveyance does not leave without written order of Customs authorities. He can be penalised for (a) Giving false declaration and statement (b) shortages or non-accounting of goods in conveyance Procedure by Importer ââ¬â The importer importing the goods has to follow prescribed procedures for import by ship/air/road. (There is separate procedure for goods imported as a baggage or by post. ) Bill of Entry ââ¬â This is a very vital and important document which every importer has to submit under section 46.The Bill of Entry should be in prescribed form. The standard size of Bill of Entry is 16â⬠³ ? 13â⬠³. However, for computerisation purposes, 15â⬠³ ? 12â⬠³ size is permitted. (Mumbai Customs Public Notice No. 142/93 dated 3-11- 93). Bill of Entry should be submitted in quadruplicate ââ¬â original and duplicate for cus toms, triplicate for the importer and fourth copy is meant for bank for making remittances. Under EDI system, Bill of Entry is actually printed on computer in triplicate only after ââ¬Ëout of chargeââ¬â¢ order is given. Duplicate copy is given to importer.Types of Bill of Entry ââ¬â Bills of Entry should be of one of three types. Out of these, two types are for clearance from customs while third is for clearance from warehouse. ACTIVITIES OF SELECTED DEPARTMENT Sea Freight Forwarding : services are offered irrespective of the nature of business i. e. export or import . Through our ocean Freight Forwarding Services, we handle general, project as well as stock shipments at the quickest pace. We ensure dry area for the proper placement of the arrived shipment at all the sea ports.Being a reliable Sea Freight Forwarder we also offer LCL and FCL consolidation . We also have support of order follow up and supply chain tracking system. Air Freight Forwarding : Service are the fir st of all quick and then very safe . The services of International Air Freight Forwarding include door to door service of pick up , custom clearance , delivery on the desired destination . Besides, we also pick up the cargo from the clients end . We promptly notify the consignee about the arrival of the shipment and delivery instruction . Besides, we are a trusted Air Freight Forwarder in India.The company offers gamut of Import and Export Services in the industry . We are reckoned as one of the leading Import Export agents in India. Our range of services in this category includes custom duty clearance , providing required bills and certificates, certified survey and compliances , third party inspection, transportation, warehousing and logistics solution and so on . Counted among the prominent import Export Agents in India, we take every measure to serve the clients in the most professional manner so that they get maximum satisfaction meeting their end vision.SAGAR logistics is spec ialized in offering highly reliable Custom Clearance Services in the industry. We are counted among the best Custom Clearing Agents in India. We extend our services for the hassle free transaction of shipments of the clients in almost all the customs houses in India. Our team of professionals is proficient in the complex documentation process of custom clearance . We take every care for the timely clearance of the goods from the ports or custom house through our Custom Clearance Services OUT COME OF THE INTERNSHIPGot to observe the various departments as an whole but not in detail Learned new things concerning the procedures of import and export Got a chance to interact with people around 5. 2 CONCLUSION Logistics is the one important function in business today. No marketing, manufacturing or project execution can succeed without logistics support. Logistics is important in India because of the countryââ¬â¢s size, geography, population variety, natural and man-made calamities etc . The transport facilities are inadequate in India and roads are bad.India lacks a well-developed road network and waterways are still unexploited. Due to competition, globalization and information availability, logistics has gained extra importance. First: the days are gone when a manufacturer had a better raw material supplier than competitors. Then, the operations in a manufacturing process are well known to all. The processes are more or less standard. Also, technology is available to all. The only area where one can score over competitors is logistics. If logistics cost is reduced, there is a gain. . .
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