Sunday, August 23, 2020

Italian Job Movie Review Example | Topics and Well Written Essays - 1000 words

Italian Job - Movie Review Example In the Italian Job, the entertainers comprised of eminent people including Mark Wahlberg, Donald Sutherland, Edward Norton, Jason Stratham, Seth Green and Charlize Theron and Mos Def. The Setting The setting of the film recommends that the intended interest groups are the young and grown-ups. The illustrations and activity in the film plainly incites mind translation and, in this way, is fairly improper for an a lot more youthful crowd. Notwithstanding the young, general society can take in a couple of exercises from this film about organizations and fellowships. Further, this film gets set in a cultural setting that enhances its pertinence to its intended interest group. The film won five honors and these incorporate Taurus Award (2004), Casting Society of America (COLA) Award (2004), COLA (2003), Black Reel (2004) and ASCAP grant (2004). Notwithstanding these honors, the film was selected multiple times to a portion of the well known honors including BET grants and Saturn grants. T his film bears likeness to the 1969 adaptation, which included the Italian mafia. Notwithstanding, this film has a contemporary setting that unquestionably fits the depiction of The Italian Job. The Plot The Italian Job begins with an all around arranged robbery built to claim gold bars of significant worth adding up to $35 million from a vigorously watched safe in Venice, Italy. The group that embraces this undertaking is under the authority of Charlie(Mark Wahlberg). The group was to share the crown jewels of their score when ravenousness showed signs of improvement of one of them, Steve (Edward Norton). Steve selects to slaughter the various crewmembers and steal away with the score. Persuaded that others are for the most part dead Steve takes the gold bars and moves to Los Angeles with the aim of selling them operating at a profit showcase. As it rises, Steve just slaughtered John Bridger (Donald Sutherland), their coach. After a year, Charlie assembles the team back and enrolls Stella Bridger (Charlize Theron), John’s girl and an expert safecracker. The different crewmembers incorporate PC virtuoso Lyle (Seth Green) wheelman Handsome Rob (Jason Stratham) and Left-Ear (Mos Def), the unstable master. The team plans to follow Steve. Notwithstanding, this endeavor gets it drive from vengeance as opposed to the money related estimation of the catch. Each player of this team has something to retaliate for, and the enlist, Stella gets her inspiration from the way that the imprint is a similar man who murdered her dad and this lighten her hesitance to join the group. The undertaking demonstrates intense since the stage is in L.A. Further, the backstabber, Steve ends up being a stride ahead at pretty much every turn, and the expense of the vengeance isn't as modest as the team foreseen. Generally, the exciting bends in the road that nearly make the undertaking a totally pointless pursuit serve to keep up the anticipation of the setting and keeps everybody s peculating on the following stage. The tricks in this film are stunning, and illustrations in the setting encourage their prosperity. Assessment The film has various qualities. Be that as it may, however the setting had the expectation of being faultless, a couple of focuses don't adjust to the purpose. Regardless, the film ends up as the winner. It is obvious that the film has enough panache to keep it above water as a pleasant film. The appeal that each character brings to the table serves well to guarantee this film accomplishes the standard that this sort gets related. Stratham. Green, Def and Sunderland realize their notable exhibitions. The way that the latter’s stunts prove to be the best in any event, when the content gets unsurprising and

Friday, August 21, 2020

Forward the Foundation Chapter 26 Free Essays

16 Raych, Manella, and little Bellis were holding up at the spaceport. The hypership was planning for liftoff and the three had just checked their things. Raych stated, â€Å"Dad, join us. We will compose a custom exposition test on Forward the Foundation Chapter 26 or then again any comparative subject just for you Request Now † Seldon shook his head. â€Å"I cannot.† â€Å"If you alter your perspective, we will consistently have a spot for you.† â€Å"I know it, Raych. We’ve been together for very nearly forty years-and they’ve been acceptable years. Dors and I were fortunate to discover you.† â€Å"I’m the fortunate one.† His eyes loaded up with tears. â€Å"Don’t think I don’t consider Mother each day.† â€Å"Yes.† Seldon turned away hopelessly. Wanda was playing with Bellis when the get rang out for everybody to board the hypership. They did, after a sorrowful last grasp of Wanda by her folks. Raych thought back to wave at Seldon and to attempt to plant a slanted grin all over. Seldon waved and one hand moved out indiscriminately to grasp Wanda’s shoulders. She was the just one remaining. Individually through his long life, he had lost his companions and those he had cherished. Demerzel had left, never to return; Emperor Cleon was gone; his dearest Dors was gone; his dependable companion Yugo Amaryl was gone; and now Raych, his solitary child, was gone also. He was left uniquely with Wanda. 11 Hari Seldon stated, â€Å"It is lovely outside-a heavenly night. Taking into account that we live under a vault, you would figure we would have delightful climate like this each evening.† Wanda said detachedly, â€Å"We would become burnt out on it, Grandpa, on the off chance that it were delightful constantly. A little change from night to night is useful for us.† â€Å"For you, in light of the fact that you’re youthful, Wanda. You have many, numerous nights in front of you. I don’t. I need all the more great ones.† â€Å"Now, Grandpa, you’re not old. Your leg is progressing admirably and your brain m as sharp as could be. I know. â€Å" â€Å"Sure. Proceed. Cause me to feel better.† He at that point said with a demeanor of distress, â€Å"I need to walk. I need to escape this modest condo and go for a stroll to the Library and appreciate this lovely evening.† â€Å"What do you need at the Library?† â€Å"At the occasion, nothing. I need the walk. But†¦Ã¢â‚¬  â€Å"Yes. But?† â€Å"I guaranteed Raych I wouldn’t go strolling around Trantor without a bodyguard.† â€Å"Raych isn’t here.† â€Å"I know,† muttered Seldon â€Å"but a guarantee is a promise.† â€Å"He didn’t state who the guardian ought to be, did he? Let’s take a walk and I’ll be your bodyguard.† â€Å"You?† Seldon smiled. â€Å"Yes, me. I thusly volunteer my administrations. Prepare yourself and we’ll go for a walk.† Seldon was entertained. He had a large portion of a psyche to abandon his stick, since his leg was hardly agonizing generally, at the same time, then again, he had another stick, one in which the head had been loaded up with lead. It was both heavier and more grounded than his old stick and, on the off chance that he would have as a matter of fact Wanda as a protector, he suspected he would be advised to bring his new stick. The walk was awesome and Seldon was frightfully happy he had yielded to the enticement until they arrived at a specific spot. Seldon lifted his stick in a blend of outrage and acquiescence and stated, â€Å"Look at that!† Wanda lifted her eyes. The arch was shining, as it generally did at night, so as to loan a demeanor of first sundown. It became darker as night went on, obviously. What Seldon was pointing at, nonetheless, was a segment of dimness along the vault. An area of lights had gone out. Seldon stated, â€Å"When I previously came to Trantor, anything like that was unimaginable. There were individuals tending the lights consistently. The city worked, however now it is self-destructing in all these little ways and what troubles me more than anything else is that nobody cares. Why aren’t there petitions to the Imperial Palace? Why aren’t there gatherings of irateness? It is just as the individuals of Trantor anticipate that the city should be self-destructing and afterward they end up irritated with me since I am calling attention to this is actually what is happening.† Wanda said delicately, â€Å"Grandpa, there are two men behind us.† They had strolled into the shadows underneath the wrecked vault lights and Seldon asked, â€Å"Are they just walking?† â€Å"No.† Wanda didn't take a gander at them. She didn't need to. â€Å"They’re after you.† â€Å"Can you stop them-push them?† â€Å"I’m attempting, however there are two and they are resolved. It’s-it’s like pushing a wall.† â€Å"How a long ways behind me are they?† â€Å"About three meters.† â€Å"Closing in?† â€Å"Yes, Grandpa.† â€Å"Tell me when they’re a meter behind me.† He slid his hand down his stick till he was holding the meager end, leaving the leaded head swinging free. â€Å"Now, Grandpa!† murmured Wanda. What's more, Seldon turned, swinging his stick. It descended hard upon the shoulder of one of the men behind him, who went down with a shout, squirming on the asphalt. Seldon stated, â€Å"Where’s the other guy?† â€Å"He took off.† Seldon looked down on the man on the ground and put his foot on his chest. He stated, â€Å"Go through his pockets, Wanda. Somebody more likely than not paid him and I’d like to discover his credit record maybe I can distinguish where they came from.† He included attentively, â€Å"I intended to hit him on the head.† â€Å"You’d have slaughtered him, Grandpa.† Seldon gestured. â€Å"It’s what I needed to do. Or maybe despicable. I’m fortunate I missed.† An unforgiving voice stated, â€Å"What is all this?† A figure in uniform came running up, sweating. â€Å"Give me that stick, you!† â€Å"Officer,† said Seldon gently. â€Å"You can give me your story later. We’ve got the chance to call an emergency vehicle for this poor man.† â€Å"Poor man, † said Seldon indignantly. â€Å"He was going to ambush me. I acted in self-defense.† â€Å"I saw it happen,† said the security official. â€Å"This fellow never laid a finger on you. You turned on him and struck him without incitement. That’s not self-preservation. That’s ambush and battery.† â€Å"Officer, I’m disclosing to you that-â€Å" â€Å"Don’t disclose to me anything. You can tell it in court.† Wanda said in a sweet little voice, â€Å"Officer, on the off chance that you will simply hear us out â€Å" The official stated, â€Å"You come home, youthful lady.† Wanda drew herself up. â€Å"I unquestionably won’t, Officer. Where my granddad goes, there go I.† Her eyes flashed and the security official murmured, â€Å"Well, tag along, then.† 18 Seldon was rankled. â€Å"I’ve never been in guardianship in all my years. Several months back eight men attacked me. I had the option to ward them off with the assistance of my child, however while that was going on was there a security official in sight? Did individuals stop to support me? No. This time, I’m more ready and I thumped a man level who had been going to ambush me. Was there a security official in sight? Completely. She put the neckline on me. There were people viewing, as well, and they were delighted at seeing an elderly person being taken in for threatening behavior. What sort of world do we live on?† Civ Novker, Seldon’s legal advisor, murmured and said tranquilly, â€Å"A degenerate world, yet don’t stress. Nothing will transpire. I’ll get you temporarily free from jail and afterward, in the long run, you’ll return for preliminary before a jury of your friends and the most you’ll get-the most-are some hard words from the seat. Your age and your notoriety â€Å" â€Å"Forget my reputation,† said Seldon, still irate. â€Å"I’m a psychohistorian and, right now, that is a filthy word. They’ll be happy to see me in jail.† â€Å"No, they won’t,† said Novker. â€Å"There might be a few screwballs who have it in for you, yet I’ll make sure that none of them jumps on the jury.† Wanda stated, â€Å"Do we truly need to expose my granddad to this? He’s not a youngster any longer. Can’t we simply show up before the judge and not mess with a jury trial?† The attorney went to her. â€Å"It should be possible. On the off chance that you’re crazy, possibly. Officers are anxious force frantic individuals who may as well put an individual into prison for a year as hear him out. Nobody goes up before a magistrate.† â€Å"I think we should,† said Wanda. Seldon stated, â€Å"Well now, Wanda, I figure we should tune in to Civ-† But as he said that, he felt a solid beating in his midsection. It was Wanda’s â€Å"push.† Seldon stated, â€Å"Well-in the event that you insist.† â€Å"She can’t insist,† said the legal counselor. â€Å"I won’t permit it.† Wanda stated, â€Å"My granddad is your customer. In the event that he needs something done his direction, you’ve got the opportunity to do it.† â€Å"I can decline to speak to him.† â€Å"Well at that point, leave,† said Wanda pointedly, â€Å"and we’ll face the officer alone.† Novker thought and stated, â€Å"Very well, at that point if you’re going to be so determined. I’ve spoke to Hari for a considerable length of time and I guess I won’t relinquish him now. Be that as it may, I caution you, the odds are he’ll get a prison sentence and I’ll need to work like the fallen angel to get it lifted-in the event that I can do it.at all.† â€Å"I’m not afraid,† said Wanda. Seldon bit his lip and the legal advisor went to him. â€Å"What about you? Are you ready to let your granddaughter call the shots?† Seldo

Wednesday, July 8, 2020

Evolution Essay - 550 Words

Evolution (Essay Sample) Content: INTRODUCTIONEvolution is defined as the change in genetic frequencies over time. Evolution is categorized into two: micro evolution which is the changes within and between breeding populations overtime and macro evolution which is the rise and fall of identifiable species. The human race is a species that has evolved over time from mammals, then to primates and in later ages branched into the Homo genus. This genus comprises Homo habilis, then Homo erectus, Homo sapiens and currently human beings belong to homo sapiens sapiens.Scientists still believe that the human race is still evolving now, though the changes may be subtle.Micro evolutionThere is enough evidence of microevolution over time: * Gene mutation. There is evidence of gene mutation among the human species over time. Human gene mutation is due to resistance to disease e.g. diseases like smallpox, malaria used to kill people over the ages but gene mutation has enabled human beings over time to become immune to those diseases. * It is clear that the wisdom teeth in human beings are no longer welcome as they caanot fit in the current human beings jaw. The need for the strong wisdom teeth to aid early man in consumption of hard food e.g. raw meat, roots, fruits has been eradicated by the availability of cooked food thus it is highly probable that the next generations of human beings will have no wisdom teeth. * The future human beings may have way less hair. Humans are regarded as hairless apes. This is due to the fact that the availability of clothing does not require their bodies to develop hair to protect their skin from heat or cold. With technological advances e.g. air conditioning and heating, the insulating properties of hair are no longer as required thus it is wise to speculate that future human beings may have way less hair.ÂMacroevolution can only be observed over a period of time as it requires the demise...

Tuesday, May 19, 2020

Data Leakage Detection System For Cloud Based Storage Systems

Data Leakage Detection System for Cloud-based Storage Systems K.Haritha+ M.HariPrasad+ D.LakshmiTeja + CH.ManiTeja+ *G. Rajesh Chandra *Assistant professor, Department of Electronics and Computer Engineering, K L University, India. B Tech, Department of Electronics and Computer Engineering, K L University, India Abstract: In this age of cloud computing the incidences of theft/leakage of valuable, sensitive data is on the rise. Data security has gained greater significance than ever before. This paper attempts to deal with the problem of data leakage and its detection, a rising phenomenon especially in big organizations. We are all too familiar with stories of data loss from laptop theft, hacker break-ins, and backup tapes being lost or stolen, and so on. It is possible only by Data Leakers, who usually are authorized persons. The identification of the Data Leaker is very big task. In the past methods such as Watermarking and fake data addition were used to identify leakers. But in such methods reliability, consistency is very low and largely incompetent in the present age. Thus a sophisticated system to confront such activities with reasonable competence is highly essential. This paper proposes a highly effective system employing various techniques to cleverly detect data leakage and the le akers. Keywords: Watermarking, Guilty party, Forged Data. 1.Show MoreRelatedCloud Computing Is Becoming The Most Popular Topic1693 Words   |  7 Pages Cloud computing is becoming the most popular topic in the realm of Information technology. Its popularity stems from the ability to allow with limited knowledge, to be able to access their information anytime and anywhere while reducing overhead and costs. Additionally, reduces the need for backups; this is because backups are done automatically, between different servers in the â€Å"cloud†. 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Though Cloud computing seems to be like a shiny objects that attract business organizations; the issues that needs to be addressed are compliance issues. Tackling all security and compliance issues that come up in this dynamic environment seems daunting unless you boil theRead MoreCloud Computing3770 Words   |  16 PagesTop Threats to Cloud Computing V1.0 Prepared by the Cloud Security Alliance March 2010 Top Threats to Cloud Computing V1.0 Introduction The permanent and official location for the Cloud Security Alliance Top Threats research is: http://www.cloudsecurityalliance.org/topthreats  © 2010 Cloud Security Alliance. All rights reserved. You may download, store, display on your computer, view, print, and link to the Cloud Security Alliance â€Å"Top Threats to Cloud Computing† at http://www

Wednesday, May 6, 2020

The Effect Of Stress And Eating Habits On College Student...

Judith Osiughwu Research and tech 4/15/2015 Abstract The purpose of my project is to see how stress and eating habits can affect college student academic performance, to determine the correlation between stress and eating habits,how it influence or affect college student academic performance. 25 participants were selected from Spring 2015 Kean University,Participants age ranges from 18-25. The majority of the participants were female, 16 female, 7 male, 16 female, and 1 participants did not disclosed their gender. participants answered 20 question survey with questions on stress and eating habits such as, the eating habit when students are stressed, level of stress, and stress relief. My data was collected through a survey around Kean University campus, students from the caf, classes, and library . When the full sample was evaluated, there was no correlation between stress and eating habit ( correlation coefficient was 0.0). my result indicated students level of stress range from 1-5, 48% of student level were 4. 40% participant s said finals, 25% participants said exams make them stressed. Participants in this sample control their stressed through music of 40.4%, and eating of 28.8%. Sleeping, exercise and eating right, can change or reduce students stress level. my studies concludes with a discussion of implications to avoid stress. Stress and Eating Habit on College Students Introduction: Stress is a major issue among college students nationwide.Show MoreRelatedEssay about Determining Causes and Effects of Stress on College Students1400 Words   |  6 Pagescauses and effects of stress on college students is compiled at the request of The President of Strayer University. 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The Effects on Hungary as a New Member Nation in t Essay Example For Students

The Effects on Hungary as a New Member Nation in t Essay he European UnionThe Effects on Hungary as a New Member Nation in the European UnionTeam 5Paul DavisGulizar HalisKristin HanlonAlyson HellerOverview/History of Hungary and the European UnionThe nation of Hungary is a country that has come a long way in a short period of time. In the years since the fall of communism in 1989 in this country, Hungary has managed to establish an extremely prosperous economy and population. Because of this, Hungary has developed into one of Eastern Europes most attractive business environments. The level of political, structural and economic stability it has achieved demonstrates the success of its transition into a modern market economy. This stability has allowed for Hungary to become a member of numerous international organizations, such as the OECD, NATO, and most recently the European Union in May 2004. Hungarys membership in the EU, although short so far, has brought about many changes in the nation, both positive and negative. The nation has alway s served as a crossroads that connects Eastern Europe to Western Europe, and this coupled with EU membership will only allow Hungarys economy to grow more. The Eastern European nation of Hungary has a population of a little more than 10.2 million people with about 2.5 million, or 25% of the countrys population, living in and around the capital city of Budapest. Hungarys populace is made up of mostly Hungarians with ethnic minorities of Romanians, Germans, Serbs, and Slovaks. The nation is mostly Catholic with minority religions of Calvinism, Lutheran, and other religions. The life expectancy for the total population is 72.25 years and the literacy rate is very high, with 99.5% of the total population able to read and write, which demonstrates the exceptional educational system in this country. The nation has well-established transportation, communication, banking, insurance, accounting, and legal systems. All of this allows for a prosperous nation. For centuries Hungary had been part of the Holy Roman Empire under the rule of the Hapsburg monarchy. This was until the monarchy was overthrown during WWI and Hungary became a democratic republic; however political and social unrest continued for many years, with the government returning to a monarchy at the end of WWI. The nation also lost two-thirds of its territory as part of the unfair peace settlements following this war. This coupled with economic distress provided incentive for resurgent Hungarian nationalism. After World War II, Hungary became a republic once again and held democratic elections after which a coalition government was formed. However, the Hungarian Communist Party, supported by the Soviet army, did not accept the results and overthrew the lawful government and assumed power. Communist policies were implemented in the nation, including the collectivization of agriculture, forced development of heavy industry, and rigid central planning, all of which ruined the economy within a few years. Hungary also joined the USSR and other Eastern European Communist countries in forming the Warsaw Pact. In 1956, a revolt broke out against the communist government. This was at first successful, but then the Soviet army put down the rebellion and did so for any other revolts that followed in the years to come. As inflation grew, as the standard of living became lower, and as the economic condition of the country worsened, strong opposition to the government began to grow. Slowly over the years, the government began to ease their strict policies and allowed the economy to partly operate according to free market forces. In the summer of 1989, negotiations took place between the representatives of the government and the parties of the opposition concerning the creation of the political and legal conditions for peaceful transition and the creation of the democratic rule of law with a multiparty system. The government began to ease restrictions on emigration, revised the constitution to provide for a democratic multiparty system, and changed the countrys name to the Republic of Hungary. In 1990, free elections were held, the first in 45 years, completing the establishment of parliamentary democracy in Hungary. The new National Assemblies and the coalition governments formed after the elections committed themselves to the establishment and stabilization of the political, economic and legal foundations of the systemic change. The occurrences in Hungary helpe d to bring about the demise of communist rule in several other countries in Eastern and Central Europe as well. After non-Communists came to power, the country accelerated the pace of free-market reforms. The government was successful in attracting foreign investment, and by 1993 Hungary accounted for more than half of all foreign direct investment in Eastern Europe. Since 1989, the private sector has grown from approximately 20% to over 80% of the GDP, and nearly 2,000 state-owned companies were privatized. One of the main attractions of Hungary is that is has a developed western-style business infrastructure available at one of the lowest costs in Central and Eastern Europe. Most of the businesses in Hungary are headquarter in and around the capital city of Budapest. The main industries of the Hungarian are in industrial production of high-tech products such as computers, telecommunication equipment, and electronic consumer goods like televisions. Another important industry in Hun gary is the automotive industry with motor vehicle manufacturing and automotive parts manufacturing. These industries account for over half of Hungarys industrial output. In the early 1990s as Hungarys economy began to grow, the nation wanted to join the European Union. An application for membership was submitted in 1994 and they were finally made a full member in May 2004. For Hungary to become a member, they had to meet many conditions set forth in the Copenhagen Criteria; these included economic, political, and infrastructure conditions. For the first condition, Hungary had to demonstrate, stability of institutions guaranteeing democracy, the rule of law, human rights and respect and protection of minorities. Hungary had met this condition by having free and fair democratic elections, a constitution that guarantees freedom of expression and civil rights. The nation also had anti-discrimination laws that meet international standards as well as a well-developed framework protecting the interests of minorities and promoting their cultural. The second condition Hungary had to meet was demonstrating the, existence of a functioning market economy with the capacity to cope with competitive pressure and market forces within the EU. This was achieved through price and trade liberalization, an enforceable legal system with property rights for individuals, an economic policy that has enhanced the performance of the market economy, and a well-developed financial sector with the absence of any significant barriers to entry and exit. These have all improved the efficiency of the economy. Hungary also has a highly skilled and educated labor force. Funds from the EU were used for new infrastructure projects like improving airports, roads, and rails, all of which greatly helped the nation. The final criteria Hungary had to meet were to demonstrate the ability to take on obligations of membership including adherence to the aims of political, economic and monetary union. To m eet this, Hungary made advancements in a number of areas, like social policy, justice and home affairs, telecommunications, culture, the energy market, environmental laws, consumer and health protection, and with the budget and financing issues, all to meet the requirements. Hungary has achieved all of the EU requirements and was thus finally made a full member in 2004. Since joining, Hungary has had many positive experiences. The nation has enjoyed increased stability, growth, and welfare. Security has been increased because they now can rely on other EU nations for support and protection. New markets are now open for Hungarian goods and new opportunities for the inflow of foreign capital from member states have occurred as well. Because of the new markets, exports and imports are the highest they have ever been. Hungary has access to different development funds of the EU since they are new to the union and are also not a terribly wealthy nation compared to other European countries. Finally, Hungarian citizens can enjoy easier, visa-free travel between member nations because of open borders. All of these and other positive benefits of joining the EU will help Hungary to continue to prosper in the years to come. Even though there are many positive aspects of joining the EU, Hungary has also experienced some negative effects. Within the EU, citizens are allowed to live in one nation and to work freely in other EU nations. Some of the nations that have been in the EU longer are not allowing Hungarian citizens to work in their nations yet because they are afraid Hungarian laborers will work for cheaper wages and take away many jobs from their citizens. This is expected to change in the next few years, but for now this discrimination is taking away possible jobs from Hungarians. Another negative factor is the rise in illegal immigrants entering Hungary. Citizens of poorer and less prosperous nations surrounding Hungary are seeking refuge in Hungary to escape conditions in their nation. One of the requirements of joining the EU was to provide refuge to these people, but there are an enormous number of people attempting this, causing a huge problem for Hungary. In addition to this, even though Hun garys economy is growing and prospering, they still have high inflation and, because of this, they cannot yet join the European Monetary Union (EMU) and adopt the euro. Originally, they were aiming to join the EMU in 2008, but this date had to be pushed back to 2010 because of their monetary problems. Finally, some Hungarians feel as if they are losing their national identity. The purpose of the EU is to achieve a more unified Europe with similar policies in every nation. Because of this assimilation, nations are becoming more and more alike in Europe. Even though this is occurring, each nation can still maintain their own national identity and unique culture. Industry Analysis: TelecommunicationsThe telecommunications industry is perhaps the fastest growing industry in Hungary today. The term telecommunications refers to any company that provides voice, data, and video communications services. Within this industry in Hungary lie three major sub-sectors. First, there is the fixed-li ne voice services providers, which, as the name suggests, provides voice communications services along fixed-line networks. Next, there is the data services, which provide, operate, manage, and maintain data networks and provide data transmission and related services. Finally, there is the wireless communications services, which provide wireless voice telecommunications services including, cellular, mobile, paging, and unified messaging. Among the top telecommunication companies in Hungary, and perhaps the most successful currently, is Matv. This particular company is maximizing Hungarys potential as the telecommunications revolution takes hold in Eastern Europe. Matv is marking its territory as the primary provider of fixed-line services with 2.8 million lines in service. The carrier also has rivals in Internet, data transport, and mobile phone markets. Matv is the leading wireless telecom carrier in Hungary with 3.8 million subscribers through its Westel unit, an extension of the company. Axelero Internet, another extension of Matv, connects 210,000 users to the Internet. In order to fully understand the grasp that Matv has on the Hungarian telecommunications industry, it is important to first understand the history of this industry. In 1989, the Iron Curtain fell ending the communist rule that the Soviet Union had over Hungary. This action allowed the Hungarian government to modernize its economy, including the telecom sector, which had been plagued by drastically slow growth in light of the Soviet Unions rule. The opening of this sector led to the joining of two powerful forces in telecommunications: Matv and Deutsche Telekom in 1990. The following year, the government of Hungary began to privatize the sector by setting up the shareholding company of Matv Hungarian Telecommunications to take over the state entity. This would have permitted Matv to have unopposed rule over the telecommunications market in Hungary. However, in 1992, the Hungarian government passed the Telecom Act that stated that monopoly status of Matv would end by 2002. Still, the company had ten years of absolute control of the market in its future. Cancer Essay IntroductionThe Convergence Program of Hungary-2004 indicates that, in 2001-2002, the Hungarian economy diverted from the investment and export driven growth path. Consumption growth over that of GDP, and real wage growth exceeding that of productivity created a situation, which definitely called for a change in economic policy. From 2003, the focus has been shifted from the stimulation of domestic demand to the improvement of competitiveness, and to the reduction of the increased budget deficit. In the 2003 budget, the government set up the conditions for a stricter fiscal policy than before, which, beside the improvement of the internal balance, aimed to promote a more favourable environment for enterprises. According to the web site of the Ministry of Finance of Hungary, the export volume has strongly increased since last July, due to external conditions turning more favourable and improved competitiveness. Import growth was primarily related to the import of consumer goods (cars and pharmaceutical products) and increasing imports of machinery for investment and production purposes. Comparing to previous years, during the first quarter of 2004, the countrys GDP increased by 4.2% and then decreased to 4% during the second quarter of this year. The deficit of the trade balance amounted to EUR 4.3 billion. Nevertheless, the gap between the growth of exports and that of imports has begun to narrow since July 2003. The dynamic growth of exports was maintained in the first quarter of 2004, too, while imports increased slower than exports, primarily due to the lower growth of household consumption. . The investments of the national economy are projected to grow by 6C8% in 2004, which will also be accompanied by further improvement of the investment structure. The increase will primarily be related to the investments of the corporate sector- in line with an improvement of exports outlook and increasing capacity utilisation C and to those in housing and motorway construction, which began last year and will accelerate this year. For 2004, it is expected a much lower growth in the household consumption than that of last year, which is also in line with the economic policy objectives related to the return to a more balanced growth path. As of October 3, 2004, the exchange rates are as follows: 245.71 Hungary Forint per Euro, and 0.0040 Euro per Hungary Forint. As of September 24 of 2004, the interest rate differential between HUF (Hungarian Forint) and EUR further declined in the three-month segment due to the Hungarian yields lowered to break through this time even the limit of 900 basis points. The premium of HUF securities denominated in EUR remained stable. The Hungarian currency continued its appreciating trend to be strengthened at record height of 16 months by overcoming the various levels of resistance. The exchange rate of 245.7 HUF/EUR as Sunday, October 3rd. closing price was corresponding to 12.98 per cent in the strong end of the band. The strengthening of the Forint was all the more remarkable in the light of the fact that meanwhile the regions currencies weakened. In August of 2004 the price level of industrial production compared to July was a little bit higher, by 0.2%. The monthly rate of growth in case of domestic sales amounted only the half of July (0.4%). In 2004 due to tax changes related to EU harmonisation, increase in preferential VAT rates and energy prices, the disinflation of the last few years will temporarily come to a halt, but in the second half of the year, the government expect a marked decline in inflation. On a medium term, inflation will start to gradually decelerate again. The key settings of Convergence Program in clude simultaneous increase of employment and productivity, which continuously require improvement in competitiveness. The Government intends to improve competitiveness with the use of numerous economic policy instruments. Of these, modification of the proportions of income redistribution in favour of the entrepreneurs, easing of the tax burden, and reduction of the financing needs of the public sector are of fundamental importance. The program also states that increased efficiency and productivity is one of the main sources of competitiveness, requiring continuous innovation, development and investments from the corporate sector. In order to promote this, the Government provides support to R D activities, and, in the framework of SMART Hungary and Economic Competitiveness Operational Programme, which provides access to financial sources from the EU; it allocates funds for various development and capital investment projects. The reduction of the deficit and the scope of the general government are expected to encourage investments by the private sector, and promote more effective capital allocation. A lower tax burden (primarily in relation to labour) contributes to an increase of competitiveness through cost reduction and release of additional resources. On the other hand increasing competition arising from the accession to the European Union will probably force enterprises to increase wages only in accordance with productivity growth. According to the article on website of Inter fax Europe dated on June 30th 2004; Hungarys unemployment rate was 5.8% in March-May 2004, according to figures released by the Central Statistical Office and among the population aged 15-64 (the cohort used in international comparisons); labor force participation was 60.3% in the first quarter of 2004. ConclusionAs Hungary enters the European Union, it should see much economic success. The country as a whole has been growing greatly over the past years, and its admission to the EU should perpetuate this growth. Out of the new ten nations added to the European Union, Hungary ranked highly in terms of the criteria required for admission. The nations admittance into the EU will bring with it many victories. Innovation will grow due to an increase in market accessibility. Also, with so much inward foreign direct investment pouring into the country, Hungary will soon be able to participate in a great amount of outward foreign direct investment. The highly developed nations of the European Union will serve as role models for strategy and success, and perhaps, in the future, Hungary will become a role model itself. Bibliography2002 Regular Report on Hungarys Progress Towards Ascension. http://www.fifoost.org/ungarn/EU_Hungary_2002/index.php Center for International Private Enterprise. 2004. www.cipe.orgCountry Commerical Guide. Hungary. 2004 http://www.mac.doc.gov/ceebic/countryr/HUNGARY/ccg2003.htmEmbassy of Hungary: Washington D.C. 2004. http://www.hungaryemb.orgGeneral Website: Hungarian Homepage. 2004. http://www.fsz.bme.hu/hungary/homepage.htmlGeneral Website: Interfax. 2004. http://www.interfax.comGeneral Website: United States Commercial Service. 2004. www.buyusa.gov/HungaryGeneral Website: World Bank. 2004. http://web.worldbank.orgHamerly, David. Matv: Company Overview. Hoovers Online. 2004. http://premium.hoovers.com.ezproxy.libraries.psu.edu/subscribe/co/factsheet.xhtml?ID=55144Hungary. Encarta Encyclopedia. 2001. Index of Hungary. 2004. http://www.centreurope.org/hungary/Karenova, Marta. Working with the Laws of Nature. Business Hungary. 2001. www.amcham.hu/BusinessHungary/18-07/articles/18-07_28.aspMarket Access and Compliance. Export.gov. 2004. www.mac.doc.govMatv: 2003 Company Annual Report. http://ir.matav.hu/english/evesj/2003/AnnualReport2003.pdfMatv: General Company Website. 2004. http://www.matav.hu/Organisation for Economic Cooperation and Development. 2004. http://www.oecd.orgOrmai, Paul. Seeking Growth Abroad. Business Hungary. 2001. www.amcham.hu/BusinessHungary/16-10/articles/16-09_28.aspPnzgyminisztrium Portl. 2004. http://www.p-m.huPortfolio.hu: Online Financial Journal. 2004. http://www.portfolio.hu/enThe Brief History of Hungary (Chronology). 2004. http://www.magyarorszag.hu/angol/orszaginfo/tortenelem/kronologia_a.htmlThe World Fact Book: Hungary. 2004. http://www.cia.gov/cia/publications/factbook/geos/hu.html

Wednesday, April 22, 2020

Lesson Plan for Pe free essay sample

Specific objectives: By the end of the lesson, student should be able to: a) Throw and dodge the ball effectively b) Attained flexibility through the game c) Achieve good teamwork with friends Teaching aids: 1) Video – Introduction on how the game is played Moral Values: Students are able to learn how to cooperate with teammates and build a good teamwork. Procedures: Stage| Contents| Activities amp; Rationales| Set Induction (10 minutes)| Video of How Dodge ball is Played| * Teacher shows the students a short video about How Dodge ball is Played. While watching the video, teacher can explain what should the students take note during the game. Rationale:To gain students’ interest towards Dodge ball and knowledge about Dodge ball. | Practise (30 minutes)| Skills and Techniques| * Teacher explains the rules about the game and what shouldn’t be done during the game. * Teachers can teach the students skills and techniques on how to dodge and throw the ball effectively . We will write a custom essay sample on Lesson Plan for Pe or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page * Teacher lets students warm up and practise throwing and dodging in pairs. Rationale:To gain students’ knowledge and let students understand rules on dodge ball. The Match(35 minutes)| A game of Doge Ball | * Teacher divides the class into 2 teams. * Each team starts out by throwing from the half court line. * When a player gets hit or someone catches the ball he has thrown, he is OUT! * Have a designated area on the side that the players go to, because they are OUT until a new game begins. * Then the teacher blows the whistle and calls the threepoint line. * When there are only a few players left in the game the teacher then calls another line that is closer than the three point line. If the teams start out uneven, then the teacher can let the weaker team go to the three point line and keep the other team at the half court line until the numbers even up. Rationale:To let students experience how Dodge ball is being played. | Closure (5 minutes)| A review of thelesson| * Teacher let the students cool down by relaxing. * Teachers can discuss about the match played just now and point out what did the students did wrong during the match. * Teachers can also asks students feedback and opinion regarding the game played. |

Monday, March 16, 2020

Leadership in organizations

Leadership in organizations Leadership is the ability of a person in charge to influence the mannerisms of his/her juniors in ranking, in a positive manner to compel them to follow his/her directions. Effective leadership is essential in any organization for success to be a habit. Good leadership is like a black smith’s fire.Advertising We will write a custom essay sample on Leadership in organizations specifically for you for only $16.05 $11/page Learn More It transforms potential into reality with little compromise, and this is a necessity in any organization that is to survive for the foreseeable future. Leadership relies on evolution, to bring new strategies suitable to the ever changing organization environment. The environment has a push effect if the response to the stimuli is inadequate. Organizations tend to stumble if not fail as a whole (Northouse, 4). A good leader is charismatic. In all situations, good leaders make others feel good about them by bringing out the be st. Commitment is also an indispensable trait. This is because excellence is not in a performance but the building of a habit of pure success. Communication is vital to a leader because it allows all organs of an organization to perform at optimal levels and troubleshoot quickly in case of underachievement. All levels in an organization need to interact effectively to achieve success. Information flow should not be hampered by rank imposed barriers for this tends to break water down the improvements communication brings. Competence is also vital. An efficient leader achieves this by planning, following through to the latter, and achieving without compromise his set of goals. A good leader is a good listener. The ability to set good goals comes from the ability to receive input whether good or bad from the effectors. Positive response is essential to this stimulus for a leader to be excellent (Bose, 164). Management techniques have helped develop leadership theories for organizations . Several theories are benefactors to this fact. Trait theory is one of the leadership theories that were commonly in use, in the past. This theory has a superman trait describing the leader. The leader has traits comparable to none within the organization. The flaw of this theory is in stating that leaders are a product of inheritance but not of the environment. The second common theory is the behavioral theory. This states that leaders are a product of the environment and not product of inheritance. This acknowledges the environment as a shaping factor of an individual’s traits. It also accepts that good leaders learn and perfect what they learn.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Participative theory is the third common theory. This theory involves everybody in the organization. Decisions are a product of consensus of all people within the organization. Its pillar is that active participation increases output levels above board. This theory also tames competition as it fosters group work within the elements of the organization. Several refinements of this theory are available, but the greatest drawback is that decision making is extremely slow. The fourth common theory is situational leadership. This states that the best decisions are factors of current conditions. It defines an effective leader as one un-bound by common procedure, but one able to toggle between many decisions dependent on the unique situation. Situational leadership is sensitive to the leader and organizational members (Winkler, 75). All these are constituents of an effective and responsive leader in an organization. Thus, they underpin good leadership and achievement of organizational goals. Bose, D C. Principles of Management and Administration. New Delhi: Prentice-Hall of India, 2002. Print. Northouse, Peter G. Leadership: Theory and Practice. Thousand Oaks: Sage Publications, 2010. Print. Winkler, Ingo. Contemporary Leadership Theories: Enhancing the Understanding of the  Complexity, Subjectivity and Dynamic of Leadership. Berlin: Physica-Verlag, 2010. Print.Advertising We will write a custom essay sample on Leadership in organizations specifically for you for only $16.05 $11/page Learn More

Saturday, February 29, 2020

Argos Donaldson Case International Management

The key players or main actors of this case are: The CEO and chairman of this holdings company, Bill Loun; Bert Donaldson, who was a rising corporate star in Detroit who was supposed to be perfect person to help facilitate communication between recently acquired divisions in Europe; Frank Waterhouse, the CEO of Argos Diesel Europe ; Ursula Lindt , Waterhouse’s executive assistant and Bettina Schweri, Ursula Lindt’s childhood friend, and responsible for organizing Donaldson’s programs. The CEO of Argos, Bill Loun believed that he had found someone in Detroit (Bert Donaldson) that would be the perfect person to help facilitate communication between recently acquired divisions in Europe. Bert Donaldson’s resume was impressive. He was a professor of American Studies in Cairo, Egypt for 5 years and while in the United States, Bert made major improvements to the organizational structure by implementing cross-functional teams, achieved considerable cost reductions, and much more. In addition, Bert was charismatic, a hard worker, and very sharp, a proven leader within the U.  S. organization. Loun recognized that they really needed someone just like Donaldson in Zurich. At the same time, Frank Waterhouse really believed that with Donaldson’s arrival in Europe, both of them could climb the corporate ladder and achieve all the goals that Waterhouse had worked so hard to acquire The problem started when just the opposite occurred, with Bert Donaldson’s arrival, the corporate environment became tense and dysfunctional, and there was obvious friction between Bert, the expatriate, and the local, European divisional leadership. Bert recognized the problem, but didn’t have an immediate solution. Many people from the European staff members attempted to inform Waterhouse about Donaldson’s cross-cultural unawareness like Ursula Lindt who tried to inform Waterhouse of the large number of complaints she had received regarding Donaldson’s inability to adapt or recognize the need to adapt to local culture. Although direct attempts to converse with Waterhouse failed, Waterhouse did finally recognize Donaldson’s failure to culturally adapt. Waterhouse sent a letter back to CEO Bill Loun in the United States questioning Donaldson’s ability to successfully adapt and manage, but Loun simply replied by saying him that he just couldn’t send him back and that it was his bottom line responsibility. On the other side, Schweri, who spoke five different languages and was extremely familiar with local culture was not taking in real account by Donaldson who just saw her like a â€Å"secretary† instead of taking advantage of her knowledge.  We consider that Donaldson failed to recognize the need for cultural adaptation, training, and awareness and the importance of utilizing local resources to assist with cultural issues. We consider that here are 3 major issues at the heart of the problems of the company. These are culture, communication and leadership and motivation, but first of all we could say that one of the main mistakes in the case is that the CEO of Argos International, Loun assigned Donaldson as the guy that Europe needed ,without any formal cross-cultural training on the assumption that his Cairo experience was â€Å"international†. The cultural issues began since the arrival of Donaldson who has struggled to come to terms with European culture. He is unable to adjust and as such he has not been as successful in transforming the European subsidiary like he had in Detroit. It is clear that Donaldson has a lack of cultural understanding and sensitivity , for us this means, he is unaware â€Å"of the cultural variables that can affect management decisions and he is not realizing how much he is affecting Waterhouse projects, the company itself, other individual culture and his leadership is also tainted and a number of sub-issues become evident. At the same time Donaldson never remember or realized that in every culture ( in this case the European) there are different sub- cultures and each one has different morals, goals, traditions, beliefs as well as different ways of doing business and its expectations and they just conform only in varying degrees the national culture. The communication problems caused for the context of the communication were also very important, because the European staff from Argos was formed by people from different European countries and in some of them it is considered to have the lowest ranking communication context, closely followed by other European countries, this means that nothing is implied from the message, as everything will be clearly detailed. So the higher up the context ranking you go the more information becomes implicit and if Donaldson would have consider that the multiple-choice survey wouldn’t have been inappropriate and Donaldson could have all the required info. Communication is also an issue because it is clear that there is a lack of it between the Detroit head office and the European office, so the communication problems are projected at many levels which show the severity of the problem. We can assume that Bill Loun would like the Zurich office to be as efficient and effective as the office in the United States, if they would have a more frequent communication with the parent company, communication the more likely it is that affiliate executives will be influenced by the parent’s practices Another one is that Donaldson does not have the ability to speak to write in any European language, yet his Personal Assistant does. Leadership and motivation is the final issue because we feel that Donaldson was an effective leader in the US where his reform was successful. However his approach has been far from successful in Europe and he has not been able to motivate the European workers at all. The company really failed to realise the effect of a major relocation for Donaldson’s family, because he never adjust to the culture and even his family was suffering the consequences which also disturb Donaldson’s job performance Furthermore we also consider that the fat that the company’s International staffing policies are Ethnocentric, is the â€Å"ethnocentrism† a key sensitivity problem for Donaldson. By adopting an ethnocentric approach to management, Donaldson assumes the way he has been taught to perform a task is the best way of performing that task and is averse to listening to other ways of achieving results. It is important to say that Donaldson was not the only one who was failing in the company because if we ask ourselves who was supposed to keep an eye on him, we would say that it was Waterhouse but instead he was also adding troubles to the company. Why we think this? Because he was behaving in such an individualistic way (maybe because he came from a highly individualistic country USA, where people typically look out for themselves), and he was just being selfish by just concerning in how Donaldson could help him to reach the top or how Donaldson’s problems would reflect on him and his career. Finally it’s clear that Bill Loun also made a mistake, and Donaldson is not the only reason of troubles. We think that Bill Loun, entered the global marketplace with a misunderstanding of what it means to be international due to the fact that selected a manager (Donaldson) with extensive successes in the United States and only superficial international experience. Argos Donaldson Case International Management The key players or main actors of this case are: The CEO and chairman of this holdings company, Bill Loun; Bert Donaldson, who was a rising corporate star in Detroit who was supposed to be perfect person to help facilitate communication between recently acquired divisions in Europe; Frank Waterhouse, the CEO of Argos Diesel Europe ; Ursula Lindt , Waterhouse’s executive assistant and Bettina Schweri, Ursula Lindt’s childhood friend, and responsible for organizing Donaldson’s programs. The CEO of Argos, Bill Loun believed that he had found someone in Detroit (Bert Donaldson) that would be the perfect person to help facilitate communication between recently acquired divisions in Europe. Bert Donaldson’s resume was impressive. He was a professor of American Studies in Cairo, Egypt for 5 years and while in the United States, Bert made major improvements to the organizational structure by implementing cross-functional teams, achieved considerable cost reductions, and much more. In addition, Bert was charismatic, a hard worker, and very sharp, a proven leader within the U.  S. organization. Loun recognized that they really needed someone just like Donaldson in Zurich. At the same time, Frank Waterhouse really believed that with Donaldson’s arrival in Europe, both of them could climb the corporate ladder and achieve all the goals that Waterhouse had worked so hard to acquire The problem started when just the opposite occurred, with Bert Donaldson’s arrival, the corporate environment became tense and dysfunctional, and there was obvious friction between Bert, the expatriate, and the local, European divisional leadership. Bert recognized the problem, but didn’t have an immediate solution. Many people from the European staff members attempted to inform Waterhouse about Donaldson’s cross-cultural unawareness like Ursula Lindt who tried to inform Waterhouse of the large number of complaints she had received regarding Donaldson’s inability to adapt or recognize the need to adapt to local culture. Although direct attempts to converse with Waterhouse failed, Waterhouse did finally recognize Donaldson’s failure to culturally adapt. Waterhouse sent a letter back to CEO Bill Loun in the United States questioning Donaldson’s ability to successfully adapt and manage, but Loun simply replied by saying him that he just couldn’t send him back and that it was his bottom line responsibility. On the other side, Schweri, who spoke five different languages and was extremely familiar with local culture was not taking in real account by Donaldson who just saw her like a â€Å"secretary† instead of taking advantage of her knowledge.  We consider that Donaldson failed to recognize the need for cultural adaptation, training, and awareness and the importance of utilizing local resources to assist with cultural issues. We consider that here are 3 major issues at the heart of the problems of the company. These are culture, communication and leadership and motivation, but first of all we could say that one of the main mistakes in the case is that the CEO of Argos International, Loun assigned Donaldson as the guy that Europe needed ,without any formal cross-cultural training on the assumption that his Cairo experience was â€Å"international†. The cultural issues began since the arrival of Donaldson who has struggled to come to terms with European culture. He is unable to adjust and as such he has not been as successful in transforming the European subsidiary like he had in Detroit. It is clear that Donaldson has a lack of cultural understanding and sensitivity , for us this means, he is unaware â€Å"of the cultural variables that can affect management decisions and he is not realizing how much he is affecting Waterhouse projects, the company itself, other individual culture and his leadership is also tainted and a number of sub-issues become evident. At the same time Donaldson never remember or realized that in every culture ( in this case the European) there are different sub- cultures and each one has different morals, goals, traditions, beliefs as well as different ways of doing business and its expectations and they just conform only in varying degrees the national culture. The communication problems caused for the context of the communication were also very important, because the European staff from Argos was formed by people from different European countries and in some of them it is considered to have the lowest ranking communication context, closely followed by other European countries, this means that nothing is implied from the message, as everything will be clearly detailed. So the higher up the context ranking you go the more information becomes implicit and if Donaldson would have consider that the multiple-choice survey wouldn’t have been inappropriate and Donaldson could have all the required info. Communication is also an issue because it is clear that there is a lack of it between the Detroit head office and the European office, so the communication problems are projected at many levels which show the severity of the problem. We can assume that Bill Loun would like the Zurich office to be as efficient and effective as the office in the United States, if they would have a more frequent communication with the parent company, communication the more likely it is that affiliate executives will be influenced by the parent’s practices Another one is that Donaldson does not have the ability to speak to write in any European language, yet his Personal Assistant does. Leadership and motivation is the final issue because we feel that Donaldson was an effective leader in the US where his reform was successful. However his approach has been far from successful in Europe and he has not been able to motivate the European workers at all. The company really failed to realise the effect of a major relocation for Donaldson’s family, because he never adjust to the culture and even his family was suffering the consequences which also disturb Donaldson’s job performance Furthermore we also consider that the fat that the company’s International staffing policies are Ethnocentric, is the â€Å"ethnocentrism† a key sensitivity problem for Donaldson. By adopting an ethnocentric approach to management, Donaldson assumes the way he has been taught to perform a task is the best way of performing that task and is averse to listening to other ways of achieving results. It is important to say that Donaldson was not the only one who was failing in the company because if we ask ourselves who was supposed to keep an eye on him, we would say that it was Waterhouse but instead he was also adding troubles to the company. Why we think this? Because he was behaving in such an individualistic way (maybe because he came from a highly individualistic country USA, where people typically look out for themselves), and he was just being selfish by just concerning in how Donaldson could help him to reach the top or how Donaldson’s problems would reflect on him and his career. Finally it’s clear that Bill Loun also made a mistake, and Donaldson is not the only reason of troubles. We think that Bill Loun, entered the global marketplace with a misunderstanding of what it means to be international due to the fact that selected a manager (Donaldson) with extensive successes in the United States and only superficial international experience.

Thursday, February 13, 2020

Initial Public Offering (IPO) Research Proposal

Initial Public Offering (IPO) - Research Proposal Example The present research study is a detailed examination of the under pricing and long term performance of 20 IPOs in Indian market listed on Bombay Stock Exchange (BSE) or National Stock Exchange (NSE)or both. The paper attempts to investigate both under pricing and under performance of IPOs in the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for a period of one year. Initial Public Offering under pricing and long run poor performance of common stock has been an unresolved puzzle in the financial literature for many years. Researchers and practitioners have attempted many times to explore a theoretical base to explain the behaviour of IPO market in the history of capital market. But, after each study the findings seem to be totally different from that of the previous ones. No single study could explore all the issues connected with IPOs. The present study is an attempt to investigate into the under pricing phenomenon and the long-run performance of IPOs in Indian capital market during the period beginning from August 1st 2007 to August 11th 2008. The study takes only those IPOs which have been priced using book building procedure and listed on Bombay Stock Exchange or National Stock Exchange or both. This paper developed by Randolph P. Beatty & Jay R. Ritter involves two propositions. ... ng and the uncertainty of investors regarding its value are monotonously related and investment bankers enforce the resulting under pricing equilibrium. The empirical evidence support that when the investors lose on account of non receipt of initial return (no under pricing) and issuers will lose when there is too much of under pricing and thus forfeit the value of its reputation capital. Anatomy of Initial Public Offerings of Common Stock- Tinic, Seha M In this paper, Tinic and Seha M demonstrate the anatomy of IPOs. The paper revolves around the hypothesis that under pricing serves as a form of insurance against legal liability and the associated damages to the reputations of investment bankers. The authors, after their empirical study reveal observe that there are implicit support after t he Securities Act of 1933, for the implicit insurance hypothesis. They have located a relationship between gross under pricing and market segmentation among prestigious and fringe investment bankers in the post-1933 period. The Under pricing of Initial Public Offerings and the Partial Adjustment Phenomenon- Kathleen Weiss Hanley In this research paper, the authors demonstrate the relationship between the final offer price disclosed in the preliminary prospectus and the range of anticipated offer prices. They observe that these prices are a good predictor of initial returns. The authors conclude that "issues that have final offer prices which exceed the limits of the offer range have greater under pricing than all other initial public offerings, and are also more likely to increase the number of shares issued" (Hanley, 1993). The Opening Price Performance of Initial Public Offerings of Common Stock, by Christopher B. Barry and Robert H. Jennings In this article, the authors

Saturday, February 1, 2020

Financial Analysis Wonderful Home Plc Essay Example | Topics and Well Written Essays - 2500 words

Financial Analysis Wonderful Home Plc - Essay Example The organization headquartered in Wales operates with 30 branches in Scotland and Wales.  The organizations related to the home and office furniture retail industry deals with the number of factors. The management of the home and office furniture retail firms deal with two types of environments i.e. external environment and internal environment. The slight change of these two types of the environment may affect the company’s profitability and wealth creation. The project report mainly deals with the financial position as well as the performance of the home and office furniture retail industry. Financial performance analysis mostly interrelated with the ratio analysis. The key fundamental of the ratio analysis is the annual report of the concerned company. There are different ratios that indicate the financial performance of different sectors of the specific organization.  Here the research report is totally based on the financial performance of Wonderful Home Plc. (WH). Th erefore, the study will significantly analyze the different key ratios which indicate the financial position of the company. The ratio analysis is the mechanism that highlights the financial and operational performance of the chosen company. The primary objective of this report is to ensure the stability of the home and office furniture retail industry and developing new export markets in order to promote national economic development significantly.  It is feasible that Wonderful Home Plc. (WH) is approaching one of the leading European banks in order to take loans for business. Moreover, the reason for approaching the bank is to avail the market research data points. It will help the organization to invest in two different projects in order to attain high return. The first projects which the organization is aiming for is to establish a factory of home furniture.

Friday, January 24, 2020

Comparing The House of Mirth and Daisy Miller :: Henry James, Edith Wharton

Edith Wharton’s â€Å"The House of Mirth† mainly describes the need of a woman to be married to a wealthy man and how she attempts to find the most appropriate suitor. â€Å"The House of Mirth† also observes the tedious physical and mental decline of a young woman who, because of her own weakness and indecisiveness, falls from social distinction into poverty and griminess. The story presents a cruel measure of reality and ends quite sadly. Instead of marrying and living happily, Lily weakens slowly and commits suicide, possibly unintentionally, as a way of evading a lower-class humanity in which her upper-class needs cannot survive. Lily's life is the exact opposite of dignity or beauty; she had many chances to live the kind of life she dreamed of, but lost it all. Similarly, Henry James’ â€Å"Daisy Miller,† is a rich, young, American girl from New York, traveling around Europe with her mother and younger brother. Daisy is a complex combination of traits. She is feisty, independent, and well intentioned, yet she is also petty, ignorant, and unsophisticated. Daisy is also an irritating flirt. She has no public elegance or informal gifts, such as appeal, humor, and a talent for banter. Also she is primarily interested only in influencing men and making herself the hub of interest. Throughout the story, Winterbourne, the love interest of Daisy, is fixated over the issue of whether Daisy is naive, but her behavior by no means reveals whether she is or isn’t. Winterbourne accepts that Daisy is crude but wonders whether she is innocent. Frequently, Daisy seems less than innocent since Winterbourne did catch her with another man late at night at the Coliseum, which results in her death from malaria. Overall, it is the way in whic h Daisy embodies all the different forms of innocence that results in her demise. While the telling of the story is quite similar, â€Å"The House of Mirth† is different in the sense that all that character’s form of thinking is revealed to the reader. Henry James primarily portrays the story of Winterbourne and the affect that Daisy has on him. He does describe Daisy in great detail yet he fails to give any indication of why she acts the way she does. One can only ponder over ideas of how she thinks and her reasoning behind what she does in certain events. It is obvious that Daisy is ignorant to her inappropriate behavior but it is unclear if this is an act or if she is really unaware that she is acting incorrectly.

Wednesday, January 15, 2020

Digital Fortress Chapter 50-54

Chapter 50 Only yards from TRANSLTR's hull, Phil Chartrukian stood over a patch of white lettering on the Crypto floor. CRYPTO SUBLEVELS AUTHORIZED PERSONNEL ONLY He knew he was definitely not authorized personnel. He shot a quick glance up at Strathmore's office. The curtains were still pulled. Chartrukian had seen Susan Fletcher go into the bathrooms, so he knew she wasn't a problem. The only other question was Hale. He glanced toward Node 3, wondering if the cryptographer were watching. â€Å"Fuck it,† he grumbled. Below his feet the outline of a recessed trapdoor was barely visible in the floor. Chartrukian palmed the key he'd just taken from the Sys-Sec lab. He knelt down, inserted the key in the floor, and turned. The bolt beneath clicked. Then he unscrewed the large external butterfly latch and freed the door. Checking once again over his shoulder, he squatted down and pulled. The panel was small, only three feet by three feet, but it was heavy. When it finally opened, the Sys-Sec stumbled back. A blast of hot air hit him in the face. It carried with it the sharp bite of freon gas. Billows of steam swirled out of the opening, illuminated by the red utility lighting below. The distant hum of the generators became a rumble. Chartrukian stood up and peered into the opening. It looked more like the gateway to hell than a service entrance for a computer. A narrow ladder led to a platform under the floor. Beyond that, there were stairs, but all he could see was swirling red mist. Greg Hale stood behind the one-way glass of Node 3. He watched as Phil Chartrukian eased himself down the ladder toward the sublevels. From where Hale was standing, the Sys-Sec's head appeared to have been severed from his body and left out on the Crypto floor. Then, slowly, it sank into the swirling mist. â€Å"Gutsy move,† Hale muttered. He knew where Chartrukian was headed. An emergency manual abort of TRANSLTR was a logical action if he thought the computer had a virus. Unfortunately, it was also a sure way to have Crypto crawling with Sys-Secs in about ten minutes. Emergency actions raised alert flags at the main switchboard. A Sys-Sec investigation of Crypto was something Hale could not afford. Hale left Node 3 and headed for the trapdoor. Chartrukian had to be stopped. Chapter 51 Jabba resembled a giant tadpole. Like the cinematic creature for whom he was nicknamed, the man was a hairless spheroid. As resident guardian angel of all NSA computer systems, Jabba marched from department to department, tweaking, soldering, and reaffirming his credo that prevention was the best medicine. No NSA computer had ever been infected under Jabba's reign; he intended to keep it that way. Jabba's home base was a raised workstation overlooking the NSA's underground, ultra-secret databank. It was there that a virus would do the most damage and there that he spent the majority of his time. At the moment, however, Jabba was taking a break and enjoying pepperoni calzones in the NSA's all-night commissary. He was about to dig into his third when his cellular phone rang. â€Å"Go,† he said, coughing as he swallowed a mouthful. â€Å"Jabba,† a woman's voice cooed. â€Å"It's Midge.† â€Å"Data Queen!† the huge man gushed. He'd always had a soft spot for Midge Milken. She was sharp, and she was also the only woman Jabba had ever met who flirted with him. â€Å"How the hell are you?† â€Å"No complaints.† Jabba wiped his mouth. â€Å"You on site?† â€Å"Yup.† â€Å"Care to join me for a calzone?† â€Å"Love to Jabba, but I'm watching these hips.† â€Å"Really?† He snickered. â€Å"Mind if I join you?† â€Å"You're bad.† â€Å"You have no idea†¦.† â€Å"Glad I caught you in,† she said. â€Å"I need some advice.† He took a long swallow of Dr Pepper. â€Å"Shoot.† â€Å"It might be nothing,† Midge said, â€Å"but my Crypto stats turned up something odd. I was hoping you could shed some light.† â€Å"What ya got?† He took another sip. â€Å"I've got a report saying TRANSLTR's been running the same file for eighteen hours and hasn't cracked it.† Jabba sprayed Dr Pepper all over his calzone. â€Å"You what?† â€Å"Any ideas?† He dabbed at his calzone with a napkin. â€Å"What report is this?† â€Å"Production report. Basic cost analysis stuff.† Midge quickly explained what she and Brinkerhoff had found. â€Å"Have you called Strathmore?† â€Å"Yes. He said everything's fine in Crypto. Said TRANSLTR's running full speed ahead. Said our data's wrong.† Jabba furrowed his bulbous forehead. â€Å"So what's the problem? Your report glitched.† Midge did not respond. Jabba caught her drift. He frowned. â€Å"You don't think your report glitched?† â€Å"Correct.† â€Å"So you think Strathmore's lying?† â€Å"It's not that,† Midge said diplomatically, knowing she was on fragile ground. â€Å"It's just that my stats have never been wrong in the past. I thought I'd get a second opinion.† â€Å"Well,† Jabba said, â€Å"I hate to be the one to break it to you, but your data's fried.† â€Å"You think so?† â€Å"I'd bet my job on it.† Jabba took a big bite of soggy calzone and spoke with his mouth full. â€Å"Longest a file has ever lasted inside TRANSLTR is three hours. That includes diagnostics, boundary probes, everything. Only thing that could lock it down for eighteen hours would have to be viral. Nothing else could do it.† â€Å"Viral?† â€Å"Yeah, some kind of redundant cycle. Something that got into the processors, created a loop, and basically gummed up the works.† â€Å"Well,† she ventured, â€Å"Strathmore's been in Crypto for about thirty-six hours straight. Any chance he's fighting a virus?† Jabba laughed. â€Å"Strathmore's been in there for thirty-six hours? Poor bastard. His wife probably said he can't come home. I hear she's bagging his ass.† Midge thought a moment. She'd heard that too. She wondered if maybe she was being paranoid. â€Å"Midge.† Jabba wheezed and took another long drink. â€Å"If Strathmore's toy had a virus, he would have called me. Strathmore's sharp, but he doesn't know shit about viruses. TRANSLTR's all he's got. First sign of trouble, he would have pressed the panic button-and around here, that means me.† Jabba sucked in a long strand of mozzarella. â€Å"Besides, there's no way in hell TRANSLTR has a virus. Gauntlet's the best set of package filters I've ever written. Nothing gets through.† After a long silence, Midge sighed. â€Å"Any other thoughts?† â€Å"Yup. Your data's fried.† â€Å"You already said that.† â€Å"Exactly.† She frowned. â€Å"You haven't caught wind of anything? Anything at all?† Jabba laughed harshly. â€Å"Midge†¦ listen up. Skipjack sucked. Strathmore blew it. But move on-it's over.† There was a long silence on the line, and Jabba realized he'd gone too far. â€Å"Sorry, Midge. I know you took heat over that whole mess. Strathmore was wrong. I know how you feel about him.† â€Å"This has nothing to do with Skipjack,† she said firmly. Yeah, sure, Jabba thought. â€Å"Listen, Midge, I don't have feelings for Strathmore one way or another. I mean, the guy's a cryptographer. They're basically all self-centered assholes. They need their data yesterday. Every damn file is the one that could save the world.† â€Å"So what are you saying?† Jabba sighed. â€Å"I'm saying Strathmore's a psycho like the rest of them. But I'm also saying he loves TRANSLTR more than his own goddamn wife. If there were a problem, he would have called me.† Midge was quiet a long time. Finally she let out a reluctant sigh. â€Å"So you're saying my data's fried?† Jabba chuckled. â€Å"Is there an echo in here?† She laughed. â€Å"Look, Midge. Drop me a work order. I'll be up on Monday to double-check your machine. In the meantime, get the hell out of here. It's Saturday night. Go get yourself laid or something.† She sighed. â€Å"I'm trying, Jabba. Believe me, I'm trying.† Chapter 52 Club Embrujo-â€Å"Warlock† in English-was situated in the suburbs at the end of the number 27 bus line. Looking more like a fortification than a dance club, it was surrounded on all sides by high stucco walls into which were embedded shards of shattered beer bottles-a crude security system preventing anyone from entering illegally without leaving behind a good portion of flesh. During the ride, Becker had resolved himself to the fact that he'd failed. It was time to call Strathmore with the bad news-the search was hopeless. He had done the best he could; now it was time to go home. But now, gazing out at the mob of patrons pushing their way through the club's entrance, Becker was not so sure his conscience would allow him to give up the search. He was staring at the biggest crowd of punks he'd ever seen; there were coiffures of red, white, and blue everywhere. Becker sighed, weighing his options. He scanned the crowd and shrugged. Where else would she be on a Saturday night? Cursing his good fortune, Becker climbed off the bus. The access to Club Embrujo was a narrow stone corridor. As Becker entered he immediately felt himself caught up in the inward surge of eager patrons. â€Å"Outta my way, faggot!† A human pincushion pawed past him, giving Becker an elbow in the side. â€Å"Nice tie.† Someone gave Becker's necktie a hard yank. â€Å"Wanna fuck?† A teenage girl stared up at him looking like something out of Dawn of the Dead. The darkness of the corridor spilled out into a huge cement chamber that reeked of alcohol and body odor. The scene was surreal-a deep mountain grotto in which hundreds of bodies moved as one. They surged up and down, hands pressed firmly to their sides, heads bobbing like lifeless bulbs on top of rigid spines. Crazed souls took running dives off a stage and landed on a sea of human limbs. Bodies were passed back and forth like human beach balls. Overhead, the pulsating strobes gave the whole thing the look of an old, silent movie. On the far wall, speakers the size of minivans shook so deeply that not even the most dedicated dancers could get closer than thirty feet from the pounding woofers. Becker plugged his ears and searched the crowd. Everywhere he looked was another red, white, and blue head. The bodies were packed so closely together that he couldn't see what they were wearing. He saw no hint of a British flag anywhere. It was obvious he'd never be able to enter the crowd without getting trampled. Someone nearby started vomiting. Lovely. Becker groaned. He moved off down a spray-painted hallway. The hall turned into a narrow mirrored tunnel, which opened to an outdoor patio scattered with tables and chairs. The patio was crowded with punk rockers, but to Becker it was like the gateway to Shangri-La-the summer sky opened up above him and the music faded away. Ignoring the curious stares, Becker walked out into the crowd. He loosened his tie and collapsed into a chair at the nearest unoccupied table. It seemed like a lifetime since Strathmore's early-morning call. After clearing the empty beer bottles from his table, Becker laid his head in his hands. Just for a few minutes, he thought. Five miles away, the man in wire-rim glasses sat in the back of a Fiat taxi as it raced headlong down a country road. â€Å"Embrujo,† he grunted, reminding the driver of their destination. The driver nodded, eyeing his curious new fare in the rearview mirror. â€Å"Embrujo,† he grumbled to himself. â€Å"Weirder crowd every night.† Chapter 53 Tokugen Numataka lay naked on the massage table in his penthouse office. His personal masseuse worked out the kinks in his neck. She ground her palms into the fleshy pockets surrounding his shoulder blades, slowly working her way down to the towel covering his backside. Her hands slipped lower†¦ beneath his towel. Numataka barely noticed. His mind was elsewhere. He had been waiting for his private line to ring. It had not. There was a knock at the door. â€Å"Enter,† Numataka grunted. The masseuse quickly pulled her hands from beneath the towel. The switchboard operator entered and bowed. â€Å"Honored chairman?† â€Å"Speak.† The operator bowed a second time. â€Å"I spoke to the phone exchange. The call originated from country code 1-the United States.† Numataka nodded. This was good news. The call came from the States. He smiled. It was genuine. â€Å"Where in the U.S.?† he demanded. â€Å"They're working on it, sir.† â€Å"Very well. Tell me when you have more.† The operator bowed again and left. Numataka felt his muscles relax. Country code 1. Good news indeed. Chapter 54 Susan Fletcher paced impatiently in the Crypto bathroom and counted slowly to fifty. Her head was throbbing. Just a little longer, she told herself. Hale is North Dakota! Susan wondered what Hale's plans were. Would he announce the pass-key? Would he be greedy and try to sell the algorithm? Susan couldn't bear to wait any longer. It was time. She had to get to Strathmore. Cautiously she cracked the door and peered out at the reflective wall on the far side of Crypto. There was no way to know if Hale was still watching. She'd have to move quickly to Strathmore's office. Not too quickly, of course-she could not let Hale suspect she was on to him. She reached for the door and was about to pull it open when she heard something. Voices. Men's voices. The voices were coming through the ventilation shaft near the floor. She released the door and moved toward the vent. The words were muffled by the dull hum of the generators below. The conversation sounded like it was coming up from the sublevel catwalks. One voice was shrill, angry. It sounded like Phil Chartrukian. â€Å"You don't believe me?† The sound of more arguing rose. â€Å"We have a virus!† Then the sound of harsh yelling. â€Å"We need to call Jabba!† Then there were sounds of a struggle. â€Å"Let me go!† The noise that followed was barely human. It was a long wailing cry of horror, like a tortured animal about to die. Susan froze beside the vent. The noise ended as abruptly as it had begun. Then there was a silence. An instant later, as if choreographed for some cheap horror matinee, the lights in the bathroom slowly dimmed. Then they flickered and went out. Susan Fletcher found herself standing in total blackness.

Tuesday, January 7, 2020

Corporate Social Responsibility ( Csr ) - 3578 Words

We examine firms’ use of corporate social responsibility (CSR) as one of their business strategies after a rise in public responses, has led to heightened corporate action. We find that firms are taking more corporate action due to more public scrutiny and fear of financial loss. We find there is an abundance of definitions of CSR but whilst they are all coherent, not one of these definitions is applicable to every industry. With further research, it is highlighted that it would be difficult to increase regulation of CSR and reporting standards whilst there is no clear definition to adhere to. We find that whilst companies use CSR marketing, it is not the only reason for using CSR as one of their business strategies. 2. Introduction A sudden rise of public responses to issues media outlets reported in the 1990’s led to heightened corporate attention to corporate social responsibility (CSR). Activist organisations and public disgruntlement has resulted in increased government regulation mandating social responsibility reporting, seeking to hold companies accountable for social issues. Companies, now aware of the potential financial risks that activists and media can cause if business conduct is deemed deplorable, are still not clear how to address the risks. Seemingly obvious strategies for businesses would be either strategic or operational responses: neither commonly implemented, rather their response appearing cosmetic (Porter and Kramer, 2007). ‘Window dressing’ isShow MoreRelatedCorporate Social Responsibility And Csr1566 Words   |  7 PagesSocial responsibility or also called Corporate Social Responsibility (CSR)- is the firm’s engagement (voluntarily initiated) in and its comp liance (legally mandated) to environmental, social, and governance issues (The Foundation, 2014). Also, is based on stakeholder’s needs being financially sustainable, and CSR can come from both corporate or not-to-profit organizations. CSR has seven categories; Leadership, vision and values; Marketplace activities; Workforce activities; Supply chain activities;Read MoreCorporate Social Responsibility ( Csr )1167 Words   |  5 PagesCorporate Social Responsibility Introduction Corporate social responsibility (CSR) is a concept which is also known as corporate citizenship, corporate conscience or in a simple way a responsible business. It is an integrated concept of self-regulatory business model for any organisation. Corporate Social Responsibility has been in practice for more than fifty years now, which has been adopted not only by domestic companies but also by transnational company with voluntary CSR initiativesRead MoreCorporate Social Responsibility : Csr1232 Words   |  5 PagesCorporate social responsibility has become a buzzword within the industry in the last few years. 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This essay is going to discuss and provide an overview of corporate social responsibility (CSR) by debate some key issue in this area. 1.2 What is Corporate Social Responsibility? In 1953, Bowen’s Social Responsibility of the Businessman firstly discusses the idea of corporate social responsibility. He states the relationship between societyRead MoreCorporate Social Responsibility ( Csr )1314 Words   |  6 PagesSocial responsibility has become a primal interest to the humankind for the past two decades. In the earlier days, the firms and organizations concentrated only on the financial part of the business and ignored the ethical, social and moral sectors. But in the recent times, the businesses are getting a grip of the significance of the social, ecological and environmental effects on their success. 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In spite of the fact that CSR has been neglected for quite a long time, nowadays several authors deal with this issue, as revealed by the development of theories in recent years concerning the topic. In spite of the fact that there has been a huge growth of literature it is still impossible to simply define CSR. Many definitions trying to capture the concept of CSR exist, but their content varies (MattenRead MoreCorporate Social Responsibility ( Csr )1370 Words   |  6 Pagesmore attention on the concept of Corporate Social Responsibility (CSR). The core issue is the appropriate responsibility of business. In as much as firms ought to obey the law, but beyond complete compliance with environmental laws, the question is whether firms have extra social responsibilities to commit part of their resources to environmental preservation voluntarily. This memo provides an exploratory investigation of the link between corporate social responsibility and the benefits accruing to a