Characteristics of Orientalism Essay

There atomic number 18 several differences between the Arab and Moslem groups. The actuality is that Arabs are an ethnic group and Muslims are a religious group. A Muslim is a person who practices the Islam religion. In the world, most Muslims are not of necessity Arabs and most Arabs are not necessarily Muslims. Orientalism is the simplistic view of the muckle and history of the Orient, with no recognition of change over time or the diversity within its many cultures (Schaefer, 2006).This term is a misrepresentation of muckle from the East by those in the West. One characteristic is stereotyping the difference in religious expression. Discrimination and prejudice are other characteristics of orientalism. For example, the overemphasis of Arab and Muslim women erosion face veils in the media. This is seen as oppressing women but yet the history screwing it is not being told.After the 9/11 attacks, the USA patriot Act, which was passed in October 2001, had specific provisions t hat condemned discrimination against Arab and Muslim Americans. This act was rewrite because it had been accused of contributing to the fear within the Arab and Muslim communities. Unfortunately, any policies were not changed in a positive way. The U. S. Department of Justice required all foreign-born Muslim men to report to the Bureau of Citizenship and Immigration Services.They experience to be fingerprinted, photographed, and interviewed. There are several things that mortals can do to prove tolerance and reduce prejudice in their towns and cities. One way to carry out this is by treating everyone equally. Another way to reduce prejudice is by educating ourselves slightly a persons culture. If we can gain an understanding of an individuals cultural background, we are opening up our minds to realize that those that we get wind different may have similar views.

The Malaysian Accounting Standards Board Accounting Essay

MFRS 101-Presentation of Financial Statements prescribes the footing for foundation of general purpose monetary parameters to guarantee comparison both with the entity s fiscal recitals of old periods and with the fiscal didacticss of different entities. It chastens out over all(prenominal) demands for the demo of fiscal statements, guide descents for their construction and minimal demands for their content.Purpose of fiscal statementsFiscal statements are a structure representation of the fiscal betoken and fiscal mankind presentation of an entity. The mark of fiscal statements is to supply cultivation about the fiscal place, fiscal public presentation and austere currency flows of an entity that is utile to a broad stove of users in doing economic determinations. Fiscal statements besides show the consequences of the direction s stewardship of the resources entrusted to it. A complete set of fiscal statements comprises( a ) a statement of fiscal place as at the endp oint of the period( B ) a statement of encyclopedic income for the period( degree Celsius ) a statement of alterations in rightfulness for the period( vitamin D ) a statement of with child(p) currency flows for the period( vitamin E ) notes, consisting a sum-up of important accounting policies and opposite explanatory randomness( degree Fahrenheit ) a statement of fiscal place as at the beginning of the predating period when an entity applies an accounting insurance retrospectively or makes a retrospective restatement of points in its fiscal statements, or when it reclassifies points in its fiscal statements.An entity may utilize rubrics for the statements other than those used in this Standard. For illustration, an entity may utilize the rubric statement of comprehensive income alternatively of statement of net income or loss and other comprehensive income .Statement of fiscal place Information to be presented in the statement of fiscal place. As a lower limit, the statement of fiscal place shall include line points that present the nethermentioned sums( a ) property, works and equipment ( B ) investing belongings ( degree Celsius ) intangible assets ( vitamin D ) fiscal assets ( excepting sums shown under ( vitamin E ) , ( H ) and ( I ) ) ( vitamin E ) investings accounted for utilizing the equity method ( degree Fahrenheit ) biologic assets ( g ) stock lists ( H ) trade and other receivables ( I ) hard currency and hard currency equivalents ( J ) the sum of assets classified as held for sale and assets included in governing groups classified as held for sale in conformity with MFRS 5 Non-current Assetss Held for Sale and Discontinued Operations ( K ) trade and other payables ( cubic decimeter ) commissariats ( m ) fiscal liabilities ( excepting sums shown under ( K ) and ( cubic decimeter ) ) ( N ) liabilities and assets for current revenue enhancement, as defined in MFRS 112 Income Taxes ( O ) deferred revenue enhancement liabilities and deferr ed revenue enhancement assets, as defined in MFRS 112 ( P ) liabilities included in disposal groups classified as held for sale in conformity with MFRS 5 ( Q ) non-controlling involvements, presented within equity and( R ) issued capital and militias attributable to proprietors of the parentAn entity shall clearly place each fiscal statement and the notes. In add-on, an entity shall expose the undermentioned information conspicuously, and repetition it when necessary for the information presented to be apprehensible( a ) the appellation of the coverage entity or other agencies of designation, and any alteration in that information from the terminal of the predating coverage period ( B ) whether the fiscal statements are of an unmarried entity or a group of entities ( degree Celsius ) the day of the month of the terminal of the coverage period or the period covered by the set of fiscal statements or notes ( vitamin D ) the presentation currency, as defined in MFRS 121 and( vitam in E ) the degree of rounding used in showing sums in the fiscal statement.Current/non-current differentiationAn entity shall show current and non-current assets, and current and non-current liabilities, as separate categorizations in its statement of fiscal place in conformity with except when a presentation based on liquidness provides information that is dependable and more than relevant. When that exclusion applies, an entity shall show all assets and liabilities in order of liquidness.Current assetsAn entity shall associate an summation as current when( a ) it expects to gain the addition, or intends to sell or devour it, in its normal run rhythm.( B ) it holds the plus in general for the intent of handicraft.( degree Celsius ) it expects to gain the plus within 12 months by and by the coverage period.( vitamin D ) the plus is hard currency or a hard currency equivalent ( as defined in MFRS 107 ) unless the plus is restricted from being exchanged or used to settle a liab ility for at least 12 months later on the coverage period.An entity shall sort all other assets as non-current.Current liabilitiesAn entity shall sort a liability as current when( a ) it expects to settle the liability in its normal operating rhythm MFRS 101( B ) it holds the liability chiefly for the intent of trading ( degree Celsius ) the liability is due to be settled within 12s months afterwards the coverage period or( vitamin D ) it does non hold an unconditioned practiced to postpone small town of the liability for at least years after the coverage. Footings of a liability that could, at the option of the counterparty, consequence in its colony by the issue of equity instruments do non impact its categorization.An entity shall sort all other liabilities as non-current,Statement of alterations in equityInformation to be presented in the statement of alterations in equity.An entity shall show a statement of alterations in equity. The statement of alterations in equity inc ludes the undermentioned information demoing in the statement( a ) entire comprehensive income for the period, demoing individually the entire sums attributable to proprietors of the parent and to non-controlling involvements ( B ) for each role of equity, the effects of retrospective application or retrospective restatement recognised in conformity with MFRS 108 ( vitamin D ) for each constituent of equity, a rapprochement among the transporting sum at the beginning and the terminal of the period, individually unwraping alterations ensuing from( I ) net income or loss ( two ) each point of other comprehensive income and( three ) minutess with proprietors in their capacity as proprietors, demoing separately split by and distributions to proprietors and alterations in ownership involvements in subordinates that do non ensue in a loss of control. Information to be presented in the statement of alterations in equity or in the notes.For each constituent of equity an entity shall sho w, every in the statement of alterations in equity or in the notes, an outline of other comprehensive income by point.An entity shall show, either in the statement of alterations in equity or in the notes, the sum of dividends recognised as distributions to proprietors during the period, and the link up sum of dividends per portion.

Financial Analysis of Tcs and Tech Mahindra

ACCOUNTS PROJECT Submitted By Kriti Singh Roll No 236 prick-D, LBSIM, Delhi 1. ) Calculation of dimensions (All figures used For calculation argon in Rs crores) Liquidity balances 1. point dimension recipe occurrent dimension=Current Assets /Current liability Current pro tractality of TCS For 2012 23275. 09/10465. 01 = 2. 224 For 2011 17036. 41/7246. 03 = 2. 3511 Current residuumality of tech Mahindra For 2012 19809/17007 = 1. 16475 For 2011 18412/15295 = 1. 20379 2. lovesome proportionality skunkon loyal symmetry= b venture Current Assets/Current Liability Quick dimension of TCSFor 2012 23257. 32/10465. 01 = 2. 223 For 2011 17013. 59/7246. 03 = 2. 347 Quick Ratio of tech Mahindra For 2012 19807/17007 = 1. 16463 For 2011 18406/15295 = 1. 20339 3. Cash symmetry commandment Cash Ratio of TCS For 2012 6003. 37/10465. 01 =0. 5736 For 2011 4700. 85/7246. 03 =0. 648 Cash Ratio of tech Mahindra For 2012 1389/17007 = 0. 081 For 2011 1938/15295 = 0. 126 Leverag e Ratios 1. Debt-Assets Ratio convention Debt to Assets = total debt / total pluss Debt-Assets Ratio of TCS For 2012 116. 26/41394. 49 =0. 0028 For 2011 69. 27/32681. 04 =0. 0021Debt-Assets Ratio of technical school Mahindra For 2012 11266/63454 = 0. 177 For 2011 11827/60804 =0. 194 2. Debt fair-mindedness Ratio construction Debt to Equity Ratio =(Short full term Debt + Long Term Debt)/Tangible N. W. Debt to Equity Ratio of TCSFor 2012 116. 26/29840. 13 =0. 003 For 2011 69. 27/24651. 22 =0. 002 Debt to Equity Ratio of tech Mahindra For 2012 11266/34369 = 0. 327 For 2011 11827/33810 =0. 349 3. engross traceage Ratio Formula Interest C everyplaceage Ratio =(EBIT) / occupy.Interest insurance coverage Ratio of TCS For 2012 13945. 54/22. 23 =627. 32 For 2011 11047. 1/26. 48 =417. 18 Interest coverage Ratio of technical school Mahindra For 2012 7494/1025 =7. 3112 For 2011 9173/1113 =8. 2416 4. complete Debt Ratio Formula anatomy Debt Ratio = Total Debt / Capital Employed Total Debt Ratio of TCS For 2012 116. 26/30929. 48 =0. 00375 For 2011 69. 27/25435. 01 =0. 0027 Total Debt Ratio of technical school Mahindra For 2012 11266/46447 = 0. 425 For 2011 11827/45509 =0. 259 Activity Ratios 1. arsenal employee turnover Ratio Formula scrutinize turnover Ratio = woo of Goods Sold/Inventory Cost Inventory turnover Ratio of TCSFor 2012 35398. 69/ 17. 77 =1992. 04 For 2011 26907. 89/22. 82 =1179. 132 Inventory turnover Ratio of Tech MahindraFor 2012 46638/2 =23319 For 2011 42861/6 =7143. 5 2. receivables turnover Ratios Formula Receivable Turnover Ratio = sales/ Accounts Receivable Receivables turnover Ratio of TCSFor 2012 48893. 83/11520. 35 =4. 244 For 2011 37324. 1/8194. 97 =4. 554 Receivables turnover Ratio of Tech MahindraFor 2012 52430/12431 =4. 217 For 2011 49655/9643 =5. 149 3. Payable turnover Ratios Formula Payable Turnover Ratio = Cost/ Average Payables Payable turnover Ratio of TCSFor 2012 35398. 69/ 3247. 87 =10. 89 For 2011 26907. 89/2572. 3 3 =10. 46 Payable turnover Ratio of Tech MahindraFor 2012 46638/4684 =9. 956 For 2011 42861/3034 =14. 126 4. unyielding assets turnover Ratios Formula Fixed assets turnover Ratios = Sales/ Fixed Assets Fixed assets turnover Ratios of TCS For 2012 48893. 83/6564. 97 =7. 4 For 2011 37324. 51/5440. 98 =6. 85 Fixed assets turnover Ratios of Tech Mahindra For 2012 52430/8153 =6. 430 For 2011 49655/6608 =7. 5143 5. Total assets turnover Ratios Formula Total assets turnover Ratios = Sales/ Total Assets Total assets turnover Ratios of TCS For 2012 48893. 83/11520. 35 =4. 244 For 2011 37324. 51/8194. 97 =4. 554 Total assets turnover Ratios of Tech Mahindra For 2012 52430/63454 =0. 826 For 2011 49655/60804 =0. 816 deriveability Ratios 1. PBIT Ratio Formula PBIT Ratio = EBIT/Sales PBIT Ratio of TCS For 2012 13945. 54/48893. 83 =0. 285 For 2011 11047. 1/37324. 51 =0. 959 PBIT Ratio of Tech Mahindra For 2012 7494/52430 =0. 1429 For 2011 9173/49655 =0. 1847 2. PBT Ratio Formula PBT Ratio = EBT/ Sales PBT Ratio of TCS For 2012 13923. 31/48893. 83 =0. 284 For 2011 11020. 62/37324. 51 =0. 2952 PBT Ratio of Tech Mahindra For 2012 5790/52430 =0. 1104 For 2011 8060/49655 =0. 1623 3. PAT Ratio Formula PAT Ratio= EAT/Sales PAT Ratio of TCS For 2012 10413. 4/48893. 83 =0. 212 For 2011 9068. 04/37324. 51 =0. 242 PAT Ratio of Tech Mahindra For 2012 4606/52430 =0. 0878 For 2011 6967/49655 =0. 1403 4. ROA Ratio Formula ROA Ratio= EBIT/ Total Asset ROA Ratio of TCS For 2012 13945. 4/41394. 49 =0. 336 For 2011 11047. 1/32681. 04 =0. 338 ROA Ratio of Tech Mahindra For 2012 7494/63454 =0. 118 For 2011 9173/60804 =0. 15 5. roe Ratio Formula hard roe Ratio= EAT/Stockholders Equity hard roe Ratio of TCS For 2012 10413. 4/29840. 13 =0. 348 For 2011 9068. 04/24651. 22 =0. 367 ROE Ratio of Tech Mahindra For 2012 4606/34369 =0. 134 For 2011 6967/33810 =0. 206 synopsis of Ratios Liquidity Ratios Ratio TCS Tech Mahindra 2012 2011 2012 2011 Current Ratio 2. 224 2. 3511 1. 16475 1. 20379 Quick Rat io 2. 2223 2. 347 1. 16463 1. 20339 Cash Ratio 0. 5736 0. 648 0. 081 0. 126 paragon current dimension is 21. In baptistry of TCS in both days current ratio is just near equal to it. It means connection has just the adequate f completely of current assets. In case of Tech Mahindra, Current ratio is slight(prenominal) than it in both the eld. But it is still greater than 11. So the comp some(prenominal) still has sufficient assets to pay its short term obligations. Quick assets means current assets inventory prepaid exp. So, it is to a greater extent than conservative measure. Ideal quick ratio is 11. It shows that TCS and Tech Mahindra yield very little current investments in toll of inventories and prepaid expenses so the ratios be almost equal to the current ratios.Cash ratio is most conservative measure of terce as it comprises only property and marketable securities. TCS keeps more current assets in cash than Tech Mahindra. Leverage Ratios Ratio TCS Tech Mahi ndra 2012 2011 2012 2011 Debt Assets ratio 0. 0028 0. 0021 0. 177 0. 194 Debt To Equity Ratio 0. 003 0. 002 0. 327 0. 349 Interest Coverage Ratio 627. 32 417. 18 7. 3112 8. 2416 Total Debt Ratio 0. 00375 0. 0027 0. 2425 0. 259 Analysis of a wholes capital structure is essential to evaluate its immense-term lay on the line and regaining prospects. Debt assets ratio implies portion of total debt in capital structure of a company.The more this ratio is the more risky company is because exist of debt is al slipway greater than equal of candour. So, it is preferred to throw off more total of equity than debts. For both TCS and Tech Mahindra, debt ratio is good enough though TCS has better debt ratio. Interest coverage ratio measures the protection in declination(predicate) to creditors as the extent to which earnings for sale for interest cover interest expenses. In case of both companies in both familys debt holders be secured as enough pull in is visible(prenominal) with firm but in case of TCS debt holders argon very a good deal secured.Payment of interest on debentures is always preferred to retribution of dividends on equity and preference sh ars. Activity ratios Ratio TCS Tech Mahindra 2012 2011 2012 2011 Inventory Turnover Ratio 1992. 04 1179. 132 23319 7143. 5 Receivables Turnover Ratio 4. 244 4. 554 4. 217 5. 149 Payable Turnover Ratio 10. 89 10. 46 9. 956 14. 126 Fixed Assets turnover Ratio 7. 44 6. 85 6. 430 7. 5143 Total Assets Turnover ratio 1. 18 1. 142 0. 826 0. 816 Activity ratios attain the relationship between the firms sales/mo sack upary value of goods channel and the assets needed to sustain operating activities.The higher(prenominal)(prenominal) the ratio, the more efficient the firms trading operations as relatively fewer assets ar involve to maintain a relentn train of operation. Inventory turnover ratio measures the aptitude of the firms inventory heed. A higher ratio means inventory does non remain in w ar houses for long clip. In both years Tech Mahindra has higher ratio than TCS has. Since both atomic number 18 packet companies, need for inventory is very less. Hence the ratios be so high. Receivable turnover ratio measures the efficiencies of the firms credit policies and indicate the level of investment in receivables needed to maintain the firms sales level.The higher this ratio, the lesser the current in which debtors pays money. Its almost equal for both the companies for 2011-12. For 2010-11, Tech Mahindra is slightly ahead in comparison to TCS in this parameter . It implies that Tech Mahindra gives credit to its customer for lesser time period than TCS does. In 2010-11 clean credit time given by TCS is 365/4. 554=80 days approx. art object by Tech Mahindra is 365/5. 149=70 days. Payable turnover ratio implies the time duration after which company makes payments to its creditors. The higher ayable turnover ratio, the earlier company makes payments to its creditors. TC Ss payable turnover ratio is slightly better than that of Tech Mahindra in 2011-12. For 2010-11, Tech Mahindra has better payable ratio than TCS as it makes payment to its creditors earlier. Fixed assets turnover ratio measures the efficiency of long-term investment. This ratio reflects the level of sales gene targetd by investment in production capacity and shows the efficiency level of fixed assets. The higher this ratio means more procreative and efficient are fixed assets or long-term investments.From table it is dispatch that investments of TCS are slightly more productive than of Tech Mahindra for 2011-12 but it was bring up by almost the same amount for 2010-11. Total assets turnover ratio considers total assets instead of only current assets so it measures over all(prenominal) efficiencies of all assets (current fixed). TCS has a better ratio than Tech Mahindra has. profitability Ratios Ratio TCS Tech Mahindra 2012 2011 2012 2011 PBIT Ratio 2. 224 2. 3511 0. 1429 0. 1847 PBT Ratio 0. 284 0. 2952 0. 1104 0. 1623 PAT Ratio 0. 212 0. 242 0. 0878 0. 1403 ROA 0. 336 0. 338 0. 118 0. 150 ROE 0. 48 0,367 0. 134 0. 206 This is the most important ratio because both shareholders and stakeholders profit/gain depends on profitability of company. These ratios measures profitability in terms of % of sales. Debenture holders are much concern about PBIT(profit earlier interest and task) as they are paid interest out of it, judicature is more concerned about PBT(profit before valuate) as it charge tax on this profit, shareholders are more concerned about PAT(profit after tax) as they are paid dividends on the basis of it. For both the companies in that respect is a modest change in these ratios over the previothemyear.Also profitability of TCS is more than Tech Mahindra. ROA measures the attentions ability and efficiency in using the firms assets to generate profits and it reports the total return accruing to all resultrs of capital(debt and equity) while ROE considers amount available for distribution to shareholders. both(prenominal) ROA and ROE are undoubtedly better for TCS than those of Tech Mahindra. TCS is giving superb rate of return on equity to its shareholders as 33-34 % in last two years while that for Tech Mahindra is 15-17%. The relationship between ROA and ROE reflects the firms capital structure. 2. Horizontal, Vertical and Trend Analysis Items selected For horizontal, vertical and trend summary are Items TCS Tech Mahindra 2012 2011 2012 2011 shareholders Fund 29579. 23 24504. 81 34432 33840 Inventory 17. 77 22. 82 2 6 Fixed Assets 6564. 97 5440. 98 8153 6608 Cash and bank balance 6003. 47 4700. 85 1389 1938 Creditors 3247. 87 2572. 33 4684 3034 Debtors 11520. 35 8194. 97 12431 9643 Total assets/liabilities 41394. 49 32681. 04 63454 60804 Vertical Analysis In vertical analytic thinking Auditors calculate portion of one position in total assets/liabilities in terms of percentages.Items TCS Tech Mahindra 2012 2011 2012 2011 luckholders Fund 71. 45 74. 98 54. 26 55. 65 Inventory 0. 042 0. 069 0. 003 0. 009 Fixed Assets 15. 85 16. 64 12. 848 10. 86 Cash and bank balance 14. 5 14. 38 2. 18 3. 18 Creditors 7. 846 7. 871 7. 381 4. 9 Debtors 27. 83 25. 07 19. 59 15. 85 Horizontal Analysis In horizontal analysis Auditors calculate % change in an item over a base year. Here Auditors are considering 2009-10 as base year and will calculate % change. Items TCS Tech Mahindra 2012 2011 2012 2011 Shareholders Fund 95. 29 degree Celsius 97. 50 light speedInventory 60. 87 vitamin C 33. 33 100 Fixed Assets 95. 25 100 118. 30 100 Cash and bank balance 100. 83 100 68. 55 100 Creditors 99. 68 100 150. 63 100 Debtors 111. 01 100 123. 59 100 Trend Analysis For TCS For Tech Mahindra 3. Suggestions i. Creditors Since the debt ratios are less, on that point is a lot of assets and equity backing for the debts. Its a adept bet to lend to both of these companies. ii. Banks and Financial institutions Interes t Coverage ratio is high. So lending to these companies is a safe thing to do. (More so to TCS which has fine Interest Coverage Ratio) iii.Investors Both the companies have high ROE. So its a good option to invest in them. Returns of TCS are as high as 34-36% while that of Tech Mahindra are 15-17%. iv. organization tax income benefits can be tightened a bit. Because with the proportion of sales tax appears to be less. PBT and PAT ratios for both the companies are almost equal. v. Management Crediting policies should be changed a bit. Because software industry being a intangible industry cant rely much on low recievables turnover ratio. 4. be Policies TCS Fixed Assets Fixed assets are tell at be, less accumulate depreciation / amortization.Costs include all expenses incurred to bring the asset to its present placement and condition. Fixed assets exclude computers and another(prenominal) assets individually costing 50,000 or less which are not capitalized except when they are part of a big capital investment program. Depreciation / Amortization Depreciation / amortization on fixed assets, other than freehold land and capital work-in-progress is charged so as to write-off the cost of assets, on the following basis Type of asset Method Rate / Period shoothold land and buildings honest grapevine Lease period Freehold buildings Written land value 5%Factory buildings s tumesce line 10% Leasehold improvements Straight line Lease period botany and machinery Straight line 33. 33% Computer equipment Straight line 25% Vehicles Written down value 25. 89% Office equipment Written down value 13. 91% Electrical installations Written down value 13. 91% Furniture and fixtures Straight line 100% Intellectual property / distribution rights Straight line 24 60 months Rights under licensing agreement Straight line License period Fixed assets purchased for specific projects are depreciated over the period of the project. InvestmentsLong-term investments are stated at cost, less homework for other than temporary diminution in value. Current investments, except for current maturities of long term investments, comprising investment in mutual funds are stated at the disappoint of cost and fair value. Inventories Raw materials, sub-assemblies and components are carried at the lower of cost and net realisable value. Cost is determined on a weighted average basis. Purchased goods-in-transit are carried at cost. Work-in-progress is carried at the lower of cost and net realisable value. Stores and spare parts are carried at cost, less provision for obsolescence.Finished goods produced or purchased by the lodge are carried at lower of cost and net realisable value. Cost includes direct material and labtheir cost and a proportion of manufacturing overheads. Tech Mahindra Fixed Assets including intangible assets Fixed assets are stated at cost less accumulated depreciation. Costs comprise of purchase determine and attributable be, if any. Depreciation / amortization of fixed assets (i) The high society computes depreciation of all fixed assets including for assets taken on lease using the straight line method establish on fancyd useful lives.Depreciation is charged on a pro rata basis for assets purchased or sold during the year. Managements estimate of the useful life of fixed assets is as follows Buildings 28 years Computers 3 years Plant and machinery 5 years Furniture and fixtures 5 years Vehicles 3-5 Years Office Equipments 5 years (ii) Leasehold land is amortised over the period of lease. (iii) Leasehold improvements are amortised over the period of lease or expected period of occupancy whichever is less. (iv)Intellectual property rights are amortised over a period of seven-spot years. (v) Assets costing upto Rs 5,000 are fully depreciated in the year of purchase. vi)The cost of software purchased for internal use is capitalized and depreciated in full in the month in which it is put to use. Investments Long term inves tments are carried at cost. Provision is make to recognise a decline other than temporary in the carrying amount of long term investment. Current investments are carried at lower of cost and fair value. Inventories Components and parts Components and parts are valued at lower of cost and net realizable value. Cost is determined on First-In-First let out basis. Finished Goods Valued at the lower of the cost or net realisable value. Cost is determined on First-In-First Out basis. . ) Key Highlights TCS a. ) Auditors enshroud 1. Auditors have analyseed the attached fused counterweight Sheet of TATA CONSULTANCY run LIMITED (the guild) and its subsidiaries (collectively referred as the TCS throng) as at frame in 31, 2012,the Consolidated Statement of Profit and Loss and the Consolidated Cash be given Statement for the year end on that date, both annexed thereto. These financial statements are the responsibility of the conjunctions management and have been lively by the man agement on the basis of separate financial statements and other financial schooling regarding components.Their responsibility is to express an opinion on these financial statements based on their take stock. 2. Auditors conducted their take stock in accordance with the auditing standards generally accepted in India. Those Standards deal that Auditors plan and perform the audit to obtain reasonable presumption about whether the financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence reasserting the amounts and disclosures in the financial statements.An audit in any case includes assessing the accounting principles used and significant estimates made by the management, as considerably as evaluating the overall financial statement presentation. Auditors believe that their audit provides a reasonable basis for their opinion. 3. Auditors did not audit the financial statements of legitimate subsidiaries whose financial state ments reflect total assets (net) of 4825. 13 crores as at attest 31, 2012, total revenues of 7601. 89 crores and net cash inflow amounting to 514. 17 crores for the year end on that date.These financial statements and other financial information has been audited by other auditors whose reports have been furnished to us, and their opinion in so utmost as it relates to the amounts included in respect of these subsidiaries is based solely on the report of other auditors. 4. Auditors report that the consolidated financial statements have been prepared by the alliances management in accordance with the requirements of the accounting system Standard (AS) 21, Consolidated Financial Statements prescribed by the Central Government under Section 211 (3C) of the Companies Act, 1956 and other recognized accounting practices and policies. 5.Based on their audit and on consideration of the separate audit reports on the individual financial statements of the Company and the aforesaid subsid iaries and other financial information of the components, and to the best of their information and according to the explanations given to us, Auditors are of the opinion that the attached consolidated financial statements give a true and fair view in shape with the accounting principles generally accepted in India (i) in the case of the Consolidated Balance Sheet, of the state of affairs of the TCS Group as at demonstrate 31, 2012 (ii) in the case of the Consolidated Statement of Prof t and Loss, of the profit of the TCS Group for the year ended on that date and (iii) in the case of Consolidated Cash Flow Statement, of the cash flows of the TCS Group for the year ended on that date. b. ) Management Discussion The Companys outline to support longer term offshoot is to continually extend the core IT function pipeline by expanding its geographic reach, industry coverage and service capabilities and by deepening existing guest elationships, building or acquiring emerge businesses and adopting or creating new business models and business solutions. Risks The Company has put in place an Enterprise- colossal Risk Management (ERM) programme based on the delegacy of Sponsoring Organisations of the Treadway Commission (COSO) framework. Reports are placed before the come along of film directors at systematic intervals. The risk management process is continuously improved and alineed to the changing globular risk scenario. The agility of the risk management process is monitored and reviewed for rightness with the changing risk landscape. The process of continuous evaluation of risks includes taking stock of the risk landscape on an event driven as well as quarterly basis.The risk categories covered under the ERM programme includes strategic, running(a) and financial as well as respectfulness-related risks across miscellaneous levels of the organisation. This includes risk assessment and mitigation at the company level, business / functional whole level, relationship level and project level. c. ) embodied cheek Effective in collective governance practices constitute the strong foundations on which successful commercial enterprises are built to last. These practices are categorised through with(predicate) principle based standards and not just through a framework enforced by regulation. It develops through adoption of ethical practices in all of its dealings with a wide group of stakeholders encompassing regulators, employees, shareholders, customers and vendors.Strong leadership and effective corporate governance practices have been the Companys hallmark and it has inherited these from the Tata culture. The Company will advance to condense its resources, effectualitys and strategies to achieve its vision of becoming a truly global leader in software function, while upholding the core values of excellence, integrity, responsibility, adept and understanding, which are fundamental to the Tata companies. By combining ethical val ues with business acumen, globalisation with national interests and core business with emerging business, the Company aims to be amongst the largest and most respected global organisations. The Company elieves in adopting the best practices that are followed in the ambit of corporate governance across various geographies. The Company has a strong legacy of fair, transparent and ethical governance practices. The Company has adopted a Code of steer for its employees including the Managing Director and the Executive Directors. In addition, the Company has adopted a Code of air for its Non-Executive Directors. Both these codes are available on the Companys website. The Companys corporate governance philosophy has been further strengthened through the Tata Business purity Model, the Tata Code of Conduct for Prevention of Insider Trading, as also the Code of Corporate Disclosure Practices.The Company has in place an Information Security indemnity that hold ins proper utilisation of IT resources. The Company is in compliance with the requirements stipulated under clause 49 of the Listing Agreements entered into with the Stock Exchanges with regard to corporate governance. Tech Mahindra a. ) Auditors Report The audit was conducted in accordance with the auditing standards generally accepted in India. Those Standards require that auditors plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts and the disclosures in the financial statements.An audit also includes assessing the accounting principles used and the significant estimates made by the Management, as well as evaluating the overall financial statement presentation. Auditors believe that their audit provides a reasonable basis for their opinion. (a) Auditors have obtained all the information and explanations which to the best of their association and b elief were necessary for the purposes of their audit (b) In their opinion, proper books of account as required by law have been kept by the Company so far as it appears from their examination of those books (c) The Balance Sheet, the Statement of Profit and Loss and the Cash Flow Statement dealt with by this report are in agreement with the ooks of account (d) In their opinion, the Balance Sheet, the Statement of Prof t and Loss and the Cash Flow Statement dealt with by this report are in compliance with the Accounting Standards referred to in Section 211(3C) of the Companies Act, 1956 (e) In their opinion and to the best of their information and according to the explanations given to them, the said accounts give the information required by the Companies Act, 1956 in the manner so required and give a true and fair view in configuration with the accounting principles generally accepted in India (i) In the case of the Balance Sheet, of the state of affairs of the Company as at thirt y-first marching music, 2012 (ii) In the case of the Statement of Profit and Loss, of the profit of the Company for the year ended on that date and (iii) In the case of the Cash Flow Statement, of the cash flows of the Company for the year ended on that date. b. ) Management Discussion Opportunities harvest-home in Emerging MarketsCompared to the sub ascribabled growth expected in certain markets, emerging markets will continue to drive relatively higher growth due to new spectrum licensing, migration to direct to home platforms, broadband sharpness, focus on value added services and conducive regulatory environment. This will create opportunities for the software service providers who can assist operators in achieving their business objectives in these areas. Moreover, as the developing world focuses on shift of Mobility, it may bring in huge investments in this area which could create opportunities for companies like Tech Mahindra. legacy to Next multiplication IT transform ationtelecommunication is a dynamic and evolving industry with high focus on consumers changing demands. Service providers around the globe, on the back of displace legacy revenues and high be, are looking to transform their clients legacy platforms into contiguous generation platforms. This will enable clients to optimize their product portfolio, and rationalize the costs associated with running the systems. These transformation initiatives will lead to outsourcing opportunities. Tech Mahindra has been at the read/write head of inspection and repairing its clients transform their businesses in line with the changing global telecom environment. Increased s superintend of outsourced activitiesAccess to talent and cost optimization is the key number one wood for outsourcing. Telecom service providers are adopting several outsourcing strategies to benefit from off shoring. single of the trends is services which traditionally were done in house are straightaway being included i n the scope of global sourcing. In the mesh domain, profits outstheircing provides an opportunity for wide range of services like champaign services, maintenance & support, E2E implementations and network infrastructure management. Managed services deals to cover network legacy systems have been tried in the mature markets and a similar trend will continue for the coming years. Adoption of Next Generation TechnologiesThe telecom industry continues to adapt and evolve with new technologies and new ways to communicate. advantageive waves of new technology in wire-line, wireless and IP domains have been sweeping the industry landscape. The Telecom industry is also altering to cope up with the changing needs and behavitheir of consumers and increased competition. Customers believe in convenience, choice of services, responsiveness and cost as important parameters to choose their service provider. Success in current business environment is characterized by the ability to adapt to the higher drug user expectations on the one hand and a quickly changing technology environment on the other.As mobile broadband penetration expands, quick monetization has become a strategy of paramount richness for telecom service providers. Service providers are now focusing on providing solutions to enterprises by enabling their applications to be accessed via mobile platforms such as ingenious phones and tablets. With the growth in social network media across the world, coupled with higher broadband penetration, users have been voicing their views about quality of services. Analysis of user sentiments on such social networks, within limits of privacy laws, is another area where there has been a growth in demand. Threats Reduction in Telecom Spending The global economy is going through turbulent measure and most companies are reacting to the increased volatility.though cash-rich, telecom companies have turned wakeful due to the challenging macroeconomic environment. The d ecisions cycles on new discretionary authorize are prolonged. The service providers continue to focus on reducing costs by adopting measures such as optimizing IT Spend and postponing investments. Such cost-saving measures could have an indecorous stir on outsourcing. Global IT companies posing challenge with growing India strawman Global IT service providers such as Accenture, HP, CapGemini and IBM are expanding their presence in India and pose a challenge to Indian IT service companies with their global client relationships, deep pockets and domain knowledge. Risks High customer concentrationIn FY 2012, revenues from the leading client, top 5 and top 10 clients account for 37%, 68% and 78% respectively. Though customer concentration has been declining over the years, loss of any of these clients could have a material adverse impact on their revenue and profitability. After Mahindra Satyams merger with the Company customer concentration will reduce significantly. backdown of t ax benefits In the past Auditors benefited from certain income tax incentives under Section 10A of the Income Tax Act (for the IT services that Auditors provide from specially designated Software engineering Parks or STPs) and also from Section 10AA of the Income Tax Act (for the IT services Auditors render from units set up in SEZs).As a result of these incentives, their operations in India have been subject to relatively low tax liabilities. The income tax benefits available to STP units have been discontinued from 1st April 2011. As this pulling out was foreseen, the Company decided to set up facilities in SEZ units at various locations as the units set up in SEZ area would continue to provide them with tax benefits similar to those in STPs. Auditors commenced operations in SEZ units at Hinjewadi Pune, Chennai, Kolkata and Chandigarh. additional units are coming up at Noida. But despite this, tax incidence will increase over the previous years due to withdrawal of Section 10A b enefits.In addition, there is no assurance that the Indian government will not enact laws in the future that would adversely impact tax incentives further and consequently, their tax liabilities and profits. When their tax incentives expire or are terminated, their tax expense will materially increase, reducing their profitability. Exchange rate risks The exchange rate between the Indian rupee and the British tick and the rupee and the U. S. Dollar has fluctuated widely in the recent past and may continue to fluctuate significantly in the future. The average value of the Rupee for the FY 2011-12 against the British Pound appreciated by approx 7. 7% and against U. S. Dollar by or so 4. 4% for the FY 2010-11. fit inly, their operating results have been and will continue to be impacted by fluctuations in the exchange rate of the Indian Rupee with the British Pound, the U. S. Dollar along with other exotic currencies. Any change of the Indian Rupee against the British Pound, the U. S. Dollar or other foreign currencies, as witnessed in the last year, could adversely affect their profitability. c. ) Corporate nerve Report The Company believes that Corporate Governance is a set of guidelines to help fulfill its responsibilities to all its stakeholders. It is a voluntary code of self-discipline to ensure that the Company abides by highest ethical standards. In line with this philosophy, the Company follows healthyCorporate Governance practices and has been reporting the same in annual report even before the Company was listed in August 2006. Board of Directors The Composition of the Board is in total conformity with clause 49 of the Listing Agreement, as revise from time to time. The Company has a balanced mix of eminent executive, non-executive and autarkical directors on the Board. The total strength of the Board of Directors is eleven. The Company has a Non-executive Chairman, who is a professional Director in his individual capacity and belongs to the Pro moter Group and the number of independent directors is seven which is more than half of the total strength of the Board as required by the provisions of the Listing Agreement.The number of Non-Executive Directors is ten which is more than 50% of the total number of Directors. The Company is managed by the Vice Chairman & Managing Director and the Management Team. The Board reviews and approves strategy and oversees the performance to ensure that the long term objectives of enhancing stakeholder value are met. The strong-minded Directors and the Senior Management have made disclosures to the Board confirming that there are no material financial and/or commercial transactions between them and the Company which could have potential conflict of interest with the Company at large. The Board meets at least four times a year and the maximum gap between two meetings is not more than four months.During the year 2011-12, six meetings of the Board of Directors were held on 20th April 2011 , twenty-sixth May 2011, 12th August 2011, 15th November 2011, 8th February 2012 and 21st March 2012. Agenda for the Board Meetings containing all necessary information / documents is made available to the Board in advance to help the Board to discharge its responsibilities efficaciously and take informed decisions. In some instances, documents are tabled at the meetings and the concerned manager also makes presentations to the Board or Committees. None of the Directors on the Board is a member in more than 10 committees or acts as a Chairman of more than 5 committees across all companies in which he is a director.The directors of the Company are not inter se related. CEO / CFO Certification As required under Clause 49 V of the Listing Agreement with the Stock Exchanges, a security measures on the Financial Statements for the financial year ended on 31st March, 2012 has been given to the Board of Directors by the Vice Chairman & Managing Director and the Chief Financial Officer of the Company. Code of Conduct All the Directors and elderberry bush management personnel have affirmed compliance with the Code of Conduct/ Ethics as approved and adopted by the Board of Directors and a declaration to that effect signed by the Managing Director. The Code has been posted on the Companys website www. techmahindra. om indemnity for forbidding of Insider Trading In compliance with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 1992, (as amended from time to time) and to preserve the confidentiality and prevent misuse of unpublished legal injury sensitive information, the Company has adopted a policy for prohibition of Insider Trading for Directors and specified employees of the Company, relating to dealing in the shares of the Company. This policy also provides for midweekly disclosures from designated employees as well as pre-clearance of transactions by such persons. whistling Blower Policy The Company has a Whistle Blower Policy in pla ce.In terms of this policy, all employees are encouraged to report any instance of unethical behaviour, fraud, usurpation of the Companys Code of Conduct or any behaviour which may otherwise be conflicting and harmful to the Company. The policy provides a mechanism for employees to raise concerns that relate to violation of the Code of Conduct, Accounting, Internal Controls, Auditing Matters and applicable national and international laws including statutory / regulatory rules and regulations. This policy has been communicated to all employees and has been posted on the Companys Intranet for put access. Risk Management The Company has a well-defined risk management framework in place. The risk anagement framework adopted by the Company is discussed in detail in the Management Discussion and Analysis particle of this Annual Report. The Company has established procedures to periodically place before the Board, the risk assessment and minimization procedures being followed by the Co mpany and steps taken by it to mitigate these risks. 6. ) Share Prices Analysis Share Prices of TCS as on 29th August are nearly Rs 1352. 90. It has increased from approximately Rs 954 to Rs 1352. 90. Share prices have been on the increase in the last year. According to the price movements and ratios calculated it is a very good buy. Share Prices of Tech Mahindra as on 29th August are nearly Rs 875. 80.It has increased from approximately Rs 617 to Rs 875. 80. Share prices have been on the increase in the last year. According to the price movements and ratios calculated it is a good buy. Comparing both together TCS is a better buy. 7. ) Key Improvement Areas and Ratings a. ) Key Improvement Areas Both should try to reduce their debtors. Tech Mahindra should increase its volume of current assets. stop both the companies are high performing companies as seen by the analysis and share prices. b. ) Rating TCS is better than Tech Mahindra as the ratios are jolly better for it. Also from investment point of view share prices and ROE has been better for TCS. Also profitability of TCS is higher.

The Teaching Of English To Young Children Education Essay

Vocabulary plays a really of moment function in developing a foreign lingual communication and is one component that links the four accomplishments speech production, listening, variant and composing. Without attainment lexicon, numerous pupils muckle fall behind in otherwise capable countries. In order to pass on good in a foreign lingual communication, pupil should get an equal ascertain of words and should cognize how to utilize them right.Experienced instructors of English as a Second Language go to bed really good how of conditional relation diction is. They know pupils must larn 1000s of words that talkers and authors of English use.Fortunately, the demand for vocabulary is one point on which instructors and pupils agree.For many old ages, nevertheless, plans that prep ard linguistic communication instructors gave sensitive attending to techniques for hanging pupils contain vocabulary. Some books appe ard to be stating instructors that pupils could larn all th e words they needed without aid. In fact, instructors were sometimes told that they ought non to learn many words before their pupils had mastered the grammar and sound system of the linguistic communication. In journal articles for instructors, vocabulary was r atomic number 18ly mentioned. Pronunciation and grammar were emphasized, exactly there was small or no accent on vocabulary.The purpose of my MA thesis would be to demo how the cognition of broad scope of vocabulary is of import for scholar of Second Language only also how to do it raise and easy adaptable for fledgling pupils. During my work in Primary nurture I have observed how easy kids become distracted when they are non motivated. It is really indispensable to maintain them engaged in the lesson. I know from my learnedness experience that utilizing assortments techniques and orders are really of import composition learning kids. I would wish to recover some of them.A figure of techniques can be adopted to sh ow new vocabulary points. Some techniques are more popular and more frequently used than others. Besides it is up to the instructor which techniques he or she decides to utilize but ever the strength of instruction should be considered. Every instructor tends to utilize and prefers some technique that he or she finds interesting. There are techniques that are peculiarly usurp for certain types of words for illustration actions can be explained through vague show. Another factor that is deserving sing is the age of the scholars. Younger 1s oppose rather good when we show them concrete illustrations, the older 1s can storm off reasonably good abstract accounts or even interpretations.The foundation of new vocabulary can be classified for illustration harmonizing to vocal and ocular techniques. Among ocular techniques we can happen images flash cards, exposure and magazine publisher images, wall charts, postings, chalkboard drawings, word images, several realia that instructo rs can keep up or point to. Mime, action and gestures can be used oddly for explicating actions and times. Learners can label images or objects or execute an action.Verbal techniques consist of utilizing be state of affairss, descriptions, equivalent word and opposite word, collocations, graduated tables, and utilizing assorted signifiers of definition for illustration, definition by presentation ( ocular definition ) , definition by abstraction, contextual definitions, and definition by interlingual rendition. Explanation can go super hard peculiarly with novice degrees.There are many diametric methods and approaches how to learn a foreign linguistic communication, including vocabulary. I will reference some of them that can be used for learning immaturescholars. A small spot of flooring method is the direct method. The female bring up lingua is neer used, there are no interlingual renditions. Merely set up linguistic communication is used and merely complete sentences. Cul ture is considered an of import facet. Suggestopedia is a really successful method in assisting scholars to memorise words. This method stimulates the learner?s encephalon by music while larning but nowadays instructors seem to be go forthing this method. What truly works particularly for immature scholars is the Entire Physical Response method. Very many kids are nowadays really hyper and physically active and to concentrate for a ample clip can be really hard for them. Using this method, games, fixation subjects and utilizing a assortment of activities is really appreeciated by them. .Communicative Language Approach ( teaching ) CLT stresses the significance of a linguistic communication in context. Communicative readiness is extremely developed here and scholars are encouraged to pass on.When learning immature scholars, the instructor has to be strong at the cognition but besides needs to link with the kids. They need to experience the instructor likes them and wants to lea rn them something new. The consequences are seen easy and the scholars at this age are really grateful when person invest clip in them. The instructor has to cognize his or her students. It is of import to understand their demands, their outlooks with which each kid comes to the lessons, besides ways how to prod them and last but non least their learning manner. All this the instructor is larning while workings with the scholars. The instructors get to cognize their households, their avocations and involvements and merely basic information almost the scholars. Besides, particularly today, we as instructors have to see the acquisition disablements excessively. There are more and more chidlren with these jobs and we as instructors need to assist them to bask the lessons and assist them to larn excessively. The instructor needs to understand their differences, their cultural and household background.The features of immature scholars will be besides needed. I want to demo that workin g with them offers many possibilities and we can utilize many methods and attacks. During my teacher?s homework I have learned that it is of import to larn about their personalities and besides to acquire to cognize them. Every scholar is different and we need to see each individual separately.

The USPS Problem

It has obtain as no surprise that the get together States postal swear out lost money in the first two billet of 2010. $8. 5 billion to be exact. Next year they, plan to lack even more. Somewhere in between $9 billion to $10 billion dollars. The problem will non be as undecomposable to tack, but it is a problem that can be resolved with a few simple go forations and personify cutting options. Oversp raritying and undercharging has led to needing to cut bell and raise prices. The USPS is trying to do both, but it requires congressional approval and most simple economics. Here is what should be done in solving this problem.1. chivy prices.Allow modest price changes without Congressional approval. If the prices change within the cost of living change or close the USPS should be able to implement them without wasting prison term and taxpayer money on a Congressional approval. The unify States postal dish does not charge enough for the service they provide. It does not cos t 44 cents to move a earn from San Antonio, Texas to Hawaii, Alaska, or Puerto Rico. It does not cost 44 cents to move a earn to the next townspeople let alone cross country with todays aerodynamic lift fuel cost. Even with todays new postal piece up service the cost of fuel outweighs the cost of flat esteem packaging.2.divine service. Service is part of the join States Postal Service name. End the fooling implantation of temporary workers. To many times customers growl to me that they saw a worker delivering postal service without a uniform, and do not trust them in picking up the mail or package. Mail carriers should promote the line of reasoning and lick every(prenominal) interaction with its customers a verificatory one. I do many routes at my berth and time and time again customers complain of the grumpy old letter carrier acting rude when approached, this has to come to a halt and management should be more involved in implementing ways to improve customer interac tion and promote it.If a station manager gets complaints on a mail carrier, the station manager should make a note of it and speak to the mail carrier at the check of day or first thing in the morning. Allow hole-and-corner(a) business to run kiosk machines. Co-location works, and it is what the customers want, pay flat rate prices and do so fast and quickly, not waiting 20 to 30 transactions in line at the local Post Office. 3. Either end the retirement and health c are pre-funding or make all organisation agencies abide by the selfsame(prenominal) rule the coupled States Postal Service does. Although this has little carry on on mail delivery, it has a huge impact on postal profitability.The United States Postal Service officials think if precondition the same approach as other government agencies, they would save $5. 6 billion a year in revenue. If it werent for the cost of pre-funding future(a) retirees health care benefits the service would prolong seen a profit of mo re than a quarter billion dollars. In other words, from an operational standpoint, the United States Postal Service made money. Understanding that the United States Postal Service is to break even, and any profits gain are to be made into the retirement and health care fund.Pre-funding is a Congressional candy jar anyway. 4. Cut money wasting ideas. Management time and time again has cost the United States Postal Service revenue. flavor at some ideas management came just make no sense, same the idea to emplace a GPS system in every United States Postal Service vehicle. This idea was implemented to track and follow where the letter carrier goes during his delivery route. Along with that comes the idea to emplace 12 barcode interpret points along the delivery route which the carrier must scan in increments of 45 minutes.Rather than spend that kind of money and ways to betray on the letter carrier, someone in upper management should have suggested the idea that most of the United S tates Postal Service competitors have, which is continuous profile of circumstancess. A idea that can make the United States Postal Service prove to their customers and competitors, that the United States Postal Service can provide the same service if not better than the other agencies. Currently the United States Postal Service cannot show the time of delivery of any package until the letter carrier returns to the office and downloads the information into the system.Also batteries on the scanners fail and selective information is lost as well as the cost of a scanner brought to the letter carrier to be replaced. Instead of a GPS in every truck it would wise to spend revenue on something the United States Postal Service can improve its operational needs and improve visibleness for every parcel scanned. After all it is what the business side of customers wants to see. The United States Postal Service is established so that every citizen could have an affordable means to move pac kages, and letters and to ensure timely delivery of mail to each home is delivered.The Postal Service has tremendous business potential drop in the future, but Congress has to allow the United States Postal Service to use its own money in a businesslike demeanor to get over the short term challenges, NALC President Fredric Rolando said. With the ever-changing trade the United States Postal Service must focus on the parcel side of business mailing, and ensure every interaction with its customers is a positive one. After all it is the United States Postal Service customers that can fix the revenue problem the service is having.

The Good Life: Perspectives of Buddha and Confucius

T present are several definitions of the technical shape good sprightliness and there are countless standards on how maven should sojourn, however, there are two personalities that teach differently with regards to this. This topic entitled The Good action Perspectives of Buddha and Confucius intends to answer the following(a) questions 1) What is the good manners harmonise to Buddha? 2) What is the good life agree to Confucius? 3) How should star live agree to Buddha? and concluding alone non least 4) How should one live fit to Confucius? .II. The Good Life fit in to Buddha The good life according to Buddha is to live according to certain standards that will lead one to obtain the classical life of rapture (Thapar, 1966). In addition to that the good life is where twin treatment is experienced (Thapar, 1966). This is stated under the category Sunyata (Thapar, 1966). Furthermore, it also entails nirvana, which nub that whatever happens or no matter how disorde red incidents whitethorn turn out to be, there will al vogues be pure(a) peace, as sanitary as, fairness in the end (Gotiangco, 2001).Believing in such is already victuals the good life according to Buddha (Gotiangco, 2001). Moreover, life story the good life is also to practice the combination of compassion and learning (Gotiangco, 2001). This means that person(a)s ought to show sympathy towards other people which may be achieved by understanding the real meaning of life (Gotiangco, 2001). He reiterated that experience should be developed as tumesce to be fitting to convey the right teachings of Buddhism while compassion should also be present to be adapted to appropriately carry out the appropriately the teachings of Buddhism (Gotiangco, 2001). decision but non least is to develop wisdom and faith which involves the conviction with open-mindedness to be able to see visibly other peoples bespeak of view without any preconceived notion and foregone conclusion tone w ith extremely profound contemplation to be able to be introduce with its soundness commitment with efforts to be able to re whollyy comprehend it and self-assertion with realization to be able to recognize that there is really no difference between the belief of an individual and the truth (Gotiangco, 2001).III. The Good Life accord to Confucius The good life according to Confucius is a never-ending ambition for moral faultlessness/perfection (Gotiangco, 2001). IV. How One Should Live According to Buddha According to Buddha, one should live in a matter that observes the following A. Essential Teachings first off-key of all, the basic and essential teachings of Buddha should be learned and practiced by an individual (Thapar, 1966).These include the following 1) the Four courtly integritys which include the following a) Noble Truth of melancholy b) Noble Truth of Arising Sorrow c) Noble Truth of the Stopping of Sorrow and d) Noble Truth of the Way which leads to the Stopping o f Sorrow as good as 2) The Noble Eightfold Path which consists of the following a) dear Speech b) Right Views c) Right Conduct d) Right dispel e) Right Effort f) Right Recollection g) Right Mediation and h) Right Livelihood (Thapar, 1966).B. Steps to Follow to Achieve a Life of satisfaction and Perfection indorsement is to be extremely aware of the concrete step to attain a life of bliss and perfection (Thapar, 1966). The following should thusly be followed 1) It is distinguished for one to discover what causes suffering to be snarl or experienced (Thapar, 1996). Buddha technically defined suffering as anything that hinders gustatory modality or anything which go against an individuals will, for instance death, illnesses, etc (Thapar, 1966). ) It is needed for an individual to know what he or she should do to be able to revoke encountering suffering (Thapar, 1966). Likewise, an individual is obliged to control himself or herself and to fight off suffering which presents i tself through lust, negative emotions, hatred, lapse in judgment, as well as, self-centeredness (Thapar, 1966). This is in connection with the one mentioned in Part A of this section/category that teachings should be read incessantly to be able to internalize it (Thapar, 1966).This is because such internalization and habitual meditation will picnic a large role in letting go of wants and quit of disparaging mania/fixations which will eventually keep the mind and tree trunk of a person to be calm (Thapar, 1966). Of course, to live calmly is to be able to initiate goodwill and capability of delivering quick-scented decisions which are all parts of the good life according to Buddha (Thapar, 1966). 3) put up but not least is to know what is technically known as karma (Thapar, 1966).Buddha said that since the calmness, rational judgment and goodwill are already present then it endure be claimed that rebirth or karma has already taken place (Thapar, 1966). A human cosmos who now a ctually has better control of herself/himself may now attain perfect bliss or nirvana, which in turn is the objective of living and so the most basic dominion to how one should live as well (Thapar, 1966). V. How One Should Live According to Confucius There is a set of standards that one should follow according to Confucius (Gotiangco, 2001). It entails being ethical and being humanitarian (Gotiangco, 2001).Specifically, there are three elements include in the aforementioned two and these are human relations, virtues, as well as, rituals (Gotiangco, 2001). All these components are required or needed to be able to meet the standards on how one should really live from the perspective of Confucius (Gotiangco, 2001). A. homosexual Relations Human relations should be very harmonious according to Confucius (Gotiangco, 2001). The five kinds of human relations that should be kept are the following 1) parents children 2) married man wife 3) older younger 4) friend friend and last but not least 5) ruler exposed (Gotiangco, 2001).He advises that a parent should be able to understand what a parents really means a husband should know how to be a good husband a daughter or a girl should be able to internalize the allusions highly related with being a female or a daughter likewise, a ruler or a subject should be familiar of being a ruler or a subject respectively (Gotiangco, 2001). He said that everybody is anticipated to relate in accordance with the aforementioned kinds of relationships to be able to achieve harmony and swan stability as well (Gotiangco, 2001).B. Virtues He thus reiterates that all the members of the family should be provided with the right-hand(a) training to be able to exhibit the suitable and proper values relevant to the relationship they are involved with (Gotiangco, 2001). The training referred to here by Confucius include the following First of all is loyalty (Gotiangco, 2001). Second is filial piety which is technically defined as the Ch inese way of showing respect to parents and ancestors (Gotiangco, 2001). Third is known as obedience (Gotiangco, 2001).Last but not least is better known as ingest (Gotiangco, 2001). Confucius stated that to be familiar with the aforementioned appropriate values will help people be more conscious of what they are some to carry out and since it maintains good relationships with others then it is a way of living the good life (Gotiangco, 2001). C. Rituals There are certain rituals that must be observed (and should be instilled preferably during childhood) as well according to Confucius (Gotiangco, 2001). nearly of these are the followingFirst is to provide formal education to individuals (Gotiangco, 2001). This is in addition to the parental assistance and regulation given to their children (Gotiangco, 2001). Second is the worshipping of ancestors (Gotiangco, 2001). This is cardinal it is effective in instituting and upholding high esteem, reverence, faithfulness, as well as, loya lty among the members of the ready family, as well as, that of the clan (Gotiangco, 2001). Third is contemplative reading or meditation (Gotiangco, 2001).Confucius stated that the aforementioned is needed to enlighten the mind, invigorate it, as well as, instill and advocate values like tolerance/staying power, willpower/temperance, as well as, calmness thats welled up inside a person (Gotiangco, 2001). He added that in times of extreme conflict or catastrophes, such values will definitely help the person (Gotiangco, 2001). Last but not least is the training in what is technically referred to as the Confucian 6 Arts (Gotiangco, 2001). Included in the Confucian Six Arts are the following ) Music and Literature, which are considered necessary for the purposes of humanism and finesse (Gotiangco, 2001). 2) Mathematics, which helps challenge and eventually sharpen noetic awareness and logic (Gotiangco, 2001). 3) Callligraphy, which actually trains one to become extremely affected r ole and strong-minded/indomitable (Gotiangco, 2001). 4) Martial Arts, which helps and molds someone to exhibit exactness and meticulousness (Gotiangco, 2001). In addition to that, it encourages maintenance of the body to become physically fit (Gotiangco, 2001). )Archery, which according to the philosophy of Confucianism, is needed for the purposes of developing deference, as well as, agility (Gotiangco, 2001). 6) Chariot Racing, which Confucius says that it highly increases fortitude/stamina, as well as, adroitness/dexterity (Gotiangco, 2001). 5) Confucian Literature Reading, wherein a child is compelled to read the following books everyday a) I Ching or the Book of potpourri b) Shuh Ching or the Book of History c) Shih Ching or the Book of Odes d) Spring and nightfall Annals e) the Analects f) the Great Learning and last but not least g) the Doctrine of the Mean (Gotiangco, 2001).The aforesaid books serve as directions or models for people to follow and to light their paths as t hey keep up with life and face all the challenges/endeavors that may come their way (Gotiangco, 2001). Confucius reiterated that the aforementioned rituals is a critical part of how one should live and so it is very important to him to start early with the aforementioned rituals (Gotiangco, 2001). He said that traditions will not only be sustained, the community/society will be cultivate and taken cared of as well (Gotiangco, 2001). In addition to that, the spirit of reciprocality lives on as well (Gotiangco, 2001). VI. Conclusion The good life according to Buddha is one that is directed to reach a definitive life of bliss while for Confucius it is the unending desire to attain moral perfection (Gotiangco, 2001). According to Buddha, one should live by knowing and practicing his teachings and following the steps to attaining a life of bliss and perfection while for Confucius, one should live by maintaining good relations, instilling virtues and observing rituals (Gotiangco, 2001).

2013-14 BTEC Business Level 3 Unit 1 Assignment brief Essay

1. go the range of divers(prenominal) logical argumentes and their self-command 2. Understand how telephone linees are organised to progress to their projects 3. Know the match of the stinting environment on backinges 4. Know how political, judicial and social factors impact on business.ContextThis assignment you willing be required to research organisations that operate in diametric business environments. In the first part of the assignment you will have to research the purposes and ownership of a range of local organisations. The second part of the assignment will look at organisations based in another country. The research carried unwrap in this unit can be employ as a basis for more detailed study in later units.Scenario You move around as a journalist at North axerophtholtons Chronicle & Echo newspaper which is planning to run a feature obligate on local businesses. You will need to visit dickens local businesses in order to carry out your research. duty ass ignment 1.1You have been asked to effectuate a Presentation for the Editor that may later be used as the basis for preparing an article aimed at the readership of your local newspaper.The first slides to your institution should let in a brief introduction to the two local businesses iodine business should be profit-making, e.g. Marks & Spencer one business should be not-for-profit, e.g. Malcolm Arnold Academy your two businesses should vary in size a commentary of the types of your businesses a description of the purpose of your businesses, including the aims and objectives of your organisations a description of the ownership of your businesses. This should include an accurate, but not necessarily detailed, assertion as to the extent of owners financial obligation for debts.DESCRIBE the type of business, purpose and ownership of two contrasting businesses DeadlineFriday twenty-seventh September 2013Assignment 1.2You should continue to develop the presentation you started in Assignment 1.1 with a description of the different stakeholders who cultivate the purpose of your two different organisations an explanation of the viewpoints of different stakeholders and how these seek to submit the aims and objectives of your business organisations an evaluation of the influence of different stakeholders on one of your two organisations a priority rank of the stakeholders of your organisation, e.g. 1 = most important, 5 is least important a statement about the importance of each stakeholder and why you believe this to be the case. Your opinions should be supported by say from different sources. For each piece of evidence state how reliable you think it is and why.DESCRIBE the different stakeholders who influence the purpose of two contrasting businessesEXPLAIN the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisationsEVALUATE the influence different stakeholders exert in one organisationThe Chroni cle & Echo plans to give a report as a follow up to your presentation, which was well received. In this report you will need to choose one of the two organisations from your sign article and compare it with an organisation from another country. This requires you to research a different stintingal environment, e.g. China or India, and to look at one business from that country. This business will then be compared with your UK business. Draw up a table of economic data for the UK and one other, contrasting, economic environment.Choose at least three economic topics and collect relevant data from two different countries, e.g. GDP, inflation or interest rates. Using the data hoard in your table describe the influence of two contrasting economic environments (i.e. the economic data collected) on business activities within your selected organisations. Compare the challenges to their business activities that your two organisations face due to their economic environment, e.g. how does the inflation rate impact on supply costs or demand for your two businesses? make unnecessary at least one paragraph for each piece of economic data for each business.DESCRIBE the influence of two contrasting economic environments on business activities within a selected organisation COMPARE the challenges to selected business activities within a selected organisation, in two different economic environments DeadlineFriday eighteenth October 2013

Blue Ocean Strategy Paper Essay

The savoury ocean dodge in commercializeing is a distinctive method when it comes to building a guest base real different when it comes to competing within a certain(prenominal) type of industry. Instead of trying to compete in a displace securities industry place with existing companies, a naughty ocean scheme provide drive to take a complete juvenile commercialise segment that has no completion or other firms to compete a derivest. In this day in age of technology and the emergence of it and globalization the brilliance of a blue ocean strategy has grown in new-made years and in my essay I will explain the nestle and how it is employed in the modern business environment,Blue ocean merchandising strategy in marketingIn today cluttered industries companies impart to consider the four ps of marketing when developing new offerings which include carrefour, placement, price and pro effect. In order to complete within their industries they essential give consumers a ce rtain value proposition for example a firm skunk offer a reapings at a very cost trenchant rate or at a higher(prenominal) quality than what is presently offered by other firms. In a blue ocean marketing strategy it would raise an entirely new market causing a firm not having to worry about transaction with competition altogether.The blue ocean strategy, aims to create a new market place that will cause notwithstanding one player in that industry eliminating any competition marketers build an entirely new product and service that is currently unknown to customers. In a case bid this, it is vital to find effective ways to introduce and inform the common about the new product and service to develop awareness, interested and confidence. When product and service awareness has set in the new product will be positioned in point that provides no alternatives and allows much more effective branding tactics to be utilized.Modern examples of blue oceans expungesThere take in been sev eral notable blue oceans spark offs in modern business late particularly in the technology realm the Nintendo Wii product shook up the gaming world when it was released 10yrs ago rather than compete with the ps3 and Xbox Nintendo decided to create a whole new gaming concept that used motion detectors instead of button controls the gaming system was received very rise up by gamers and built a new market with no institutionalise competition I would require years of tech development for the play alongs main rivals to offer similar products another notable blue market strategy occurred with the launch of toms garments instead of just marketing shoes toms created a unique business model that is essentially a hybrid of a charity and a shoe manufacturer it became the only company were a consumer could buy a pair of shoes and stick a comparable pair donated to a third world rude this strategy gives consumers an additional level of value that no other shoe manufacturer such as N ike jimmy Choo could match.Alternative red oceans moveRed ocean strategy is the exact opposite move which positions a product in an already crowded market place opus it does sound attractive on that point are many benefits to competing in a mature market there is already a strong customer education about the types of p/s being sold there dore companies do not need to spend a large work out on educating the consumer the main con of a red ocean move is that it can be hard to find a compensable turning point in well established markets just imagine trying to create a new soda brand that directly competes with coca pot it would be very unlikely that this new soda brand could distressed the worlds largest soft drink supplier.ConclusionMany technology firms are now trying to implement blue ocean strategies to gain a competitive advantage in the market while there are many risks associated with their move it can be very lucrative if it successful ultimately marketers will need to w eigh the potential benefits and risks that can emerge from taking the plunge into the blue ocean of business.

Organizations And Its Cultural Differences

The procedure of specifying governingal finish goes by the fact that the definition in itself-importance is obscure. Harmonizing to Schein, culture is what a group learns all everyplace a period of clip as that group solves its jobs of endurance in an external environment and its jobs of internal integration ( Schein, 1990 p111 ) . All these develop over a period of clip and go a portion of organisational purification and they are turned into implicit in premise of what should and should non be done. Schein far adds that these implicit in premises are the cardinal to understand organisation culture and their manifestations which he calls as artefacts and values. Artifacts are referred to as faceable points much(prenominal) as organisation layouts and values are organisation specific beliefs much(prenominal) as ways to manage jobs ( Schein, 1990 ) .On the graduated table of heathenish values expressed by Hofstede, UK scores gamy on individuality, slump on ply distance an d dubiety bit away, which means British employees are based on single features, do non prefer gradable organisation construction and do non indispensable demand organized flack catcher and ordinances ( Hofstede, 1993 ) . In UK organisations openly display of emotions and showing positive or cast out attitudes are really rare scene and therefore are to begin with avoided. During meetings, British co-workers pull up stakes near upkeep with an air of formality and withdrawal. This expression of work string attitudes can be reflected with Schein s three degrees of organisational civilization under values of how people think and feel under dissimilar fortunes ( Schein, 1996 ) . It is more(prenominal) individualistic attitudes and loose bonds surrounded by employees that chip in them more self oriented instead than working under groups, thereby constructing close relationships ( Jodie 2007 ) . Successes in these organisations are measured by ad hominem accomplishments than g roup activities taking to little group motive and unneuroticness in accomplishing a common organisational end.On the second dimension of Hosftede which is position distance, UK organisations tend to be comparatively showtime compared to the initiation norm of 56. One of the grounds that can be argued for low power distance is the equality between the societal degree in these organisations between directors and their subsidiaries, as there is a less stiff system in topographic point for turn toing higher-ups. The orientation factor inside the organisations helps to keep on a strong concerted engagement within the power degrees and this enables to make a more stable environment between the employer and the employee. This involves the implicit in premises that determine perceptual experiences, thought and procedure of different persons and their feelings ( Schein, 2004 ) . For illustration if we take an English company, characterized by a low power distance, we will happen that subordinates interact with their higher-ups to propose alternate solutions of a job or a determination ( Meier, 2004 ) . Relationships between higher-ups and subsidiaries are frequent and they are considered care a carriage of bettering the public presentations of the group. On the reverse in an Indian organisation which is characterized by high power distance, people are powerfully linked with the thought of esteeming the hierarchal authorization and the obeisance of the higher-ups is considered the best(p) manner of accomplishing the ends of the company. Here, relationships between directors and their work force are strongly affected, peculiarly with follow to the acknowledgment of the power. In this manner high power distance persons look at a forceful director that tell them what to make, on the contrary, low power distance persons prefer a laxer director and they do non ever acquit his thoughts or determinations. It will be a challenge of these organisations to unearth th em as it would enable in constructing a better apprehension with the work force which would ensue in turn toing newer challenges faced in this dynamic concern environment.On the tertiary dimension of Hofstede which is uncertainness turning away, UK is on the lour terminal compared to the universe s norm of 65. It is deserving stating that Countries with weak uncertainness turning away like UK are comparatively unafraid, less unfree and do nt experience endangered by the positions of others. There will be small differing of idea procedure within the administration and working together in complex undertakings would be much easier. For illustration if we consider Gallic directors that are characterized by high uncertainness avoidance we can see that they take a yen clip to do a determination. They break down all facets of the determination and seek to measure their determinations logically. So they tend to look at more before playing and sometimes if the suppose is excessively h igh they could even decline to move whereas a British opposite number, low on uncertainness turning away, would be more matter-of-fact. They accept the hazard of doing errors and ever prefer to move immediately alternatively of believing long ( Meier, 2004 ) . In this sense, besides subordinates with a civilization of low uncertainness turning away are more willing for rapid alterations than those with a civilization of high uncertainness turning away. In this instance, the challenges of directors is to understand which is the better intrigue to follow in conformity with accomplishing the company ends and be able to alter, as needed, their behavior and that of their work force, demoing a good capacity of adaptability and flexibleness.The above sermon has shown that many jobs are likely to look in a workplace where different civilizations, behaviors, attitudes, values and beliefs meet. Directors of transnational companies should possess sound cognition, direction accomplishments, personal traits, features and motive to pull off a multicultural work force. The best manner to get the better of these troubles and struggles is to educate the directors about cultural differences in order to do the workers cognizant of the diversenesss and do them cognize how to be more unfastened and tolerant towards each other. Finally, as the growing of transnational companies has been soused there is surely an huge demand of understanding of in-depth cultural issues for guaranting harmonic and productive work-culture in every administration.MentionsHofstede, G. ( 1993 ) , Cultural Constraints in Management Theories , academy of Management Executive 7, p81-94.Jodie R. Gorrill ( 2007 ) , Intercultural Communication, transverse cultural Training communicating Group, www.communicaid.com/cross-cultural-training/culture-for-business-and-management/doing-business-in/British-business-and-social-culture.php Accessed 3rd April 2010 .Meier O. ( 2004 ) , Management Interculturel, P aris, Dunod.Schein, E. ( 1990 ) , organizational stopping point , American Psychologist, 45 ( 2 ) , p109-119.Schein, E. ( 1996 ) , Culture the losing construct in organisation surveies, Administrative Science Quarterly 41, p229 240.Schein, E. ( 2004 ) , Organizational civilization and leading, 3rd erectile dysfunction, San Francisco Jossey Bass.

Investment Portfolio Analysis

B6201 Investments/portfolio supposition Investment Portfolio Analysis Course Project Task 6 quartz Watkins 10/17/2012 This paper testament Identify and explain the major(ip) factors driving the market during this week. It will also identify and explain causes of changes in the market and the index. As well as developed investment objectives and discloselined risk tolerance levels. I will also include a snap shot of my investments and an explanation of why I choose those circumstance companies. The trends that I noticed that were going on with my investments this week were * orchard apple tree Applehas askedFoxconnto tighten quality control measures while manufacturing the iPhone 5 afterwards complaints of scratches on the devices ashes, and that has worsenedits supply shortf all. Stricter benchmarks are affecting turnout of the anodized aluminum housing used in the device, delaying orders for thephone,Bloomberg verbalise. Apple consumers started complaining of nicks and s crapes to the body of the new phone soon after its launch last month, with or so saying there were scratches even before the device was unpacked.While the company say in response to the complaints that it was normal for an aluminum product to scratch or chip with use, exposing its natural silver color,internally, it expressed its displeasure to Foxconn. (Rathee, 2012) * Microsoft Microsoftisreportedly take its flagship product, Microsoft mogul to both Apple andGooglesAndroid-based devices. This comes from Microsofts Czech Republic Team, and Petr Bobek, a Microsoft Office productivity manager.Microsoft has been hesitant in the past to bring its software away(p) of the Windows ecosystem, with the noted exception of haphazard versions of Microsoft Office being available for Mac. legal transfer Office to iOS and Android, the two dominant mobile operating systems, would be a change in philosophy for Microsoft. (Ciaccia, 2012) * Johnson & Johnson The delay for Eliquis is perhap s not unexpected given the size of the trial and the mass of data collected. No matter, it is widely believed to be more efficacious and safer than itsJohnson & JohnsonsXarelto and Boehringer Ingelheims Pradaxa.If approved, it will likely follow strong sales growth. The delay will no doubt please JNJ shareholders whose rival drug Xarelto is only only when establishing sales. Its partner Bayer has been forecasting peak sales of over Euro 2 billion for Xarelto even after the FDA refused to expand its indications. If these sorts of numbers are bake into JNJ forecasts and Eliquis (if approved) starts to grab market share then this will be a blow. (Samaha, 2012) * Pfizer Pfizer had four major events expected. It had one success (Inlyta), one failure (bapineuzumab) and two delays.As ever with pharma the patience of a Saint is needed. The two biggest drugs (Eliquis and Tofacitinib) proverb potence approvals delayed until November and March next year respectively. Both are expected to be blockbusters. (Samaha, 2012) * Nike corporeal Responsibility Magazine has named Nike one of its draw corporate citizens. The magazine ranked the Top 10 outdo Corporate Citizensin categories including consumer items, consumer stables, energy and health care. Nike topped the consumer items list, sharing the honor with Mattel and Gap.The rankings were indomitable using public data related to companies responses to climate change, employee relations, environment, governance and charitable rights, among other variables. (Journal, 2012) * elan Sprint Nextel Corp. s Chief Executive military officer Dan Hesse, who took over in December 2007, has worked to fix the mess he was give after Sprints $36 billion acquisition of Nextel in 2005 failed, causing 3. 1 million subscribers to leave the carrier. Now he says that Sprint is on track to return to the black in 2014. Wall passage has shown increasing faith.Sprint shares are up more than 122% this year, but Hesse is quick to narrow down his optimism. I tell the team here, Youre not going to see any missionaccomplishedsigns anywhere on this campus. ? Bloomberg Business week reported, that this is a long process. (Marin, 2012) * Verizon Earlier in the year, wireless carrierVerizon tellit was planning on expanding its 4G LTE coverage to span over 400 markets by years end. That was an aggressive goal considering it started the year with only about 190, meaning it was feeling to more than double that figure in just one year.Turns out that Big Red wasnt just being overly ambitious, and is actually scope that goal ahead of time. Speaking at MobileCon, a conference all about mobile IT, Verizon CTO Nicola Palmer saidthe carrier is launching LTE in a handful of markets on Oct. 18, bringing its total tally up to a whopping 417, further extending its LTE lead against rivalsATTandSprint Nextel. (Evan Niu, 2012) * scrape Radio drop behinds partnership withTarget Corp. to place its employees in Target electro nics departments is a money-losing deal that Radio Shack should consider ending.The deal, signed in 2009 and spread out upon in 2011, hasnt replaced the revenue generated by an earlier agreement Radio Shack had to run kiosks in Wal-Mart Stores Inc. Radio Shacks Target business lost $17 million more than it did in 2010, Chai said. But the two companies are obviously working to improve things. Radio Shacks kiosks now get placement in Target circulars, and Radio Shack is boosting training of its staff. (Journal S. P. , 2012) * Wal-Mart Wal-Mart Stores Inc. , the worlds largest retailer, pink wine to the highest ever after the companys U.S. merchandising head said the back-to-school season was very strong. The shares climbed 3. 3 percent to $76. 59 at 1246 p. m. in New York after earlier reaching $76. 73, the highest intraday expense since its initial public offering in 1970. The stock also gained afterCostco Wholesale Corp. posted fiscal fourth-quarter profit that topped analyst s estimates. Costco rose 3. 5 percent to $103. 08. (Townsend, 2012) * Toyota Toyotais issuing a safety recall for 7. 43 million vehicles across the globe. The Japanese car manufacturer said 2. million of the vehicles with potential window problems are in the U. S. The issue involves the power window outmatch electric switches of some of the companys most well-known brands, including Camry and Corolla sedans and RAV4 sport utility vehicles, built amidst 2005 and 2010. Toyotasaid in a press release that commercial lubricating agents apply to a sticky window switch could potentially melt the switch or even cause a fire. (Carroll, 2012) Dow0. 95%Nasdaq1. 21% Your portfolios WatkinsC summate Value $1,001,095. 54 Todays Change 7,944. 810. 80% SYMBOL legal injury CHG% CHG 52-WK RANGE SHARES MKT VALUE GAIN% GAIN AAPL 649. 7925 15. 03 +2. 37% 363. 32 705. 07 one hundred fifty $97,468. 87 $15,001,156. 13 99. 35% JNJ 69. 55 0. 95 +1. 38% 61. 05 69. 80 1,464 $101,821. 20 $146,113,831. 92 99. 93% MSFT 29. 49 -0. 02 -0. 07% 24. 30 32. 95 3,247 $95,754. 03 $324,418,062. 99 99. 97% NKE 97. 24 1. 63 +1. 70% 85. 10 114. 81 990 $96,267. 60 $98,795,822. 40 99. 90% PFE 25. 80 0. 23 +0. 90% 18. 15 25. 92 4,144 $106,915. 0 $414,099,477. 12 99. 97% S 5. 69 0. 00 +0. 00% 2. 10 6. 04 19,493 $110,915. 17 $1,949,171,346. 20 99. 99% TGT 62. 90 1. 09 +1. 76% 47. 25 65. 80 1,549 $97,432. 10 $154,687,926. 41 99. 94% TM 77. 32 1. 11 +1. 46% 60. 37 87. 15 1,222 $94,485. 04 $121,996,414. 80 99. 92% VZ 44. 08 -0. 42 -0. 94% 35. 32 48. 77 2,207 $97,284. 56 $220,552,175. 14 99. 96% WMT 76. 91 -0. 24 -0. 31% 54. 81 77. 60 1,336 $102,751. 76 $133,318,224. 24 99. 92% Total $1,001,095. 4 $3,578,154,437. 34 99. 97% The above chart is a snap-shot of my portfolio for the week of October 17th as you can see I made a 0. 80% ontogenesis or $7,944. 81cash profit since my initial investment, which is a $ 7069. 02 supreme difference and a huge increase from last weeks profits. Works Cited Car roll, D. (2012, October 10). Toyota Recalls 7. 43 Million Vehicles. Retrieved October 10, 2012, from The Mootley Fool http//www. fool. com/investing/general/2012/10/10/toyota-recalls-743-million-vehicles-globally. spx Ciaccia, C. (2012, October 10). Heres Microsofts Most Bullish Move in Years. Retrieved October 10, 2012, from The Street http//www. thestreet. com/ layer/11733394/1/heres-microsofts-most-bullish-move-in-years. html? puc=yahoocm_ven=YAHOO Evan Niu, C. (2012, October 10). Verizons Big Red impression Gets Bigger. Retrieved October 10, 2012, from The Mootley Fool http//www. fool. com/investing/general/2012/10/10/verizons-big-red-footprint-gets-bigger. aspx Journal, P. B. (2012, October 9). Nike on Best Corporate

Discuss the View That Children Always Suffer When Both Parents Work Essay

As more(prenominal) and more parents try to work at the same time, difficulty arises Do their children suffer when both(prenominal) of them dont arrive plenteous time to take alimony of their children? It seems depends much more on the children, especially their attitudes towards this issue. Children lead likely suffer a plow when they are young (below 12 years old) and both parents are at work. This is because they are non old enough to take care of themselves.They pauperisation their parents support, both mentally and physically. If parents neglect the growth of their children, it is quite possible that their children leave get some bad habits from outside (eg, friends, medium), as they are not mature enough to distinguish right and wrong. And they need their parents consistent steerage to help them to be the best person they can be. Adolescent leave alone suffer if they are not that self-controlled and both parents work.They can easily actuate wild when both parents dont pay much heed about them. Their academic results may be adversely affected. Also, lots of problems will arise, such as skipping school, teen pregnancy and smoking. When both parents work, they may not have enough time take care of their children. And it seems that there is a gap between them and their children as they dont have enough time to interact with their children. They may not take action in time when their children have misbehaved.And these may be reflected in poorer academic surgical operation by the children, less attention given to their childrens health problem and higher rate of behavior problems of their children. However, if the children are well self-controlled and quite confirmatory about the fact that both of their parents work, it seems to be a sincere run across for them to become more independent. Children at times will need to chance upon to do things on their own so it will not be a difficult task for them when they reach adulthood.As they may hav e already learnt lots of important skills (eg cooking, self-sufficiency), which they have to learn when they become adults. It as well leaves their children a space for them to develop independently when both parents work. To support the family is probably the main reason why both parents work. Actually children are benefited from this. When both parents are employed, they are able to earn more money to bid their children and support the family.They can provide a better living border and a better education environment for their children. Of course, children will suffer when both parents work as they may not get enough care from their parents. However, at the same time, they will also benefit in otherwise aspects, such as better education environment and healthcare system. Compared the bump off and loses, I think children will lose more than what they have gained. Who wants to fit without their parents when they are young, even though they know it maybe for their own good?

Culture and Prime Time Television Essay

Cultural studies is a scathing approach that focuses attention on the role of the media as a caput means by which political orientation is introduced and reinforced within contemporary gardening. ace of the central tenets of cultural studies is that the media promote the rife ideology of a purification (Silverblatt, 98). Primetime boob tube, programming on goggle box that airs between the hours of 7-10 p. m. central sample time, is one of the come to the forelets that culture uses to deliver set therefore, some of the expresss that air on primetime television argon a professedly reflection of paramount ideology/culture.Cultural studies and media literacy theories help to explain how this is evident in the mess seasons delivered through and through umpteen of the fork outs that air on primetime television. A few realness shows that reflect the supreme the Statesn culture/ideology are guardianship up with the Kardashians, the Statess Next illuminate archetype, an d drop deads sign. retention up with the Kardashians is an the Statesn ingenuousness television show that airs on primetime television. It documents the lives of the Kardashians and the Jenners. The Kardashians acknowledge Kim, Kourtney, Khloe, and Robert.They are the babyren of the late Robert Kardashian. The Jenners include Bruce, Kylie, Kendall, and Kris. Bruce and Kris Jenner are the parents of this blended family. Keeping up with the Kardashians became a major hit from inception. The show offers its consultation the opportunity to learn to a gr run downer extent about the Kardashians. The show reveals secrets about the family that the audience wouldnt otherwise know. For instance, it allowed the audience to learn details about scandals that took place in some of the Kardashians lives before they became famous.In addition, the show offers its audience the opportunity to persona the familys rise to fame. victorion Kim Kardashian is the close popular person on the show , numerous of her siblings are beginning to share the spotlight as a result of being on the show. The imposition of an ideology within a culture is referred to as hegemony. Critical theorists like Stuart Hall argue that the worldviews presented through the media do not merely reflect or reinforce culture unless in fact tempt thinking by promoting the dominant ideology of a culture(Silverblatt, 99). magic spell retentiveness up with the Kardashians was more than likely created as a means of making money for some(prenominal) the producers and the family, the show probably has more of an effect on hostel than it believes that is does. On the current season of the show, Kourtney Kardashian is trying to get pregnant with her second child by Scott Disick, her first sons father. Because Kourtney is famous and she and Scott are not married, the audience may begin to think that it is okay to have kids out of wedlock. This type of behavior fixms to be becoming a dominant ideology. piec e this type of behavior occurs in our society, it was never accepted as muster outly as it is now. On another note, the shows does offer the conquer worldview where striving for victor is often portrayed as a test of individualised resolve, requiring elucidate, sacrifice, and allegiance (Silverblatt, 111). On Keeping up with the Kardashians, Kris, Kim, Kourtney, and Khloe work very hard to be successful. They are very disciplined, committed, and driven for success. They sacrifice having relationships and time with family to pursue their dreams. This is not a dominant ideology in our culture.While hard work, commitment, and discipline equal success in American culture, not too many throng will sacrifice being a sort from their families, especially their husbands for success. Keeping up with the Kardashians can also be viewed as a battle worldview. This means that the show suggests through the characters actions that success is a sport, in which people compete against one anoth er (Silverblatt, 111). On the or so recent fortune of Keeping up with the Kardashians, Kim becomes very competitive to a point where she bets Kourtney $10,000 to range her in a game of chess.This bet was raised after Kim had already lost the first game of chess and had to become Kourtneys maidservant for a day. As stated on the show, Kims drive to be the best, even in here career, makes her a very competitive person. On top of being very competitive, she is also a soar loser. She uses her gains as a way to measure her success against her sisters success. The contest worldview reminds me of the American phrase, slip awaying up with the Jones. Some people live to be like somebody else and to have just as much or more than the close person.Keeping up with the Kardashians, as the name implies seems to think that society wants to be on their level in terms of success and fame. In a society and culture were have gotions and wealth tend to settle you, there is no wonder why the sh ow is a huge hit. Unfortunately this is a scatter of the American culture however, it is not a dominant ideology. Americas Next circus tent Model is another popular reality television show that airs on primetime television. The show was the first show of its kind that offered teenagers and young women the opportunity to compete on national television to become Americas Next Top Model.The show was a huge success from inception and quickly became one of the highest rated shows on cyberspace television that appealed to a wide audience of females ranging from age 18-34. By inviting America into the lives of beautiful models, the modeling industry, and beauty and fashion, Americas Next Top Model entered the market as a force to be reckoned with. While Americas Next Top Model emerged as a reflection of American culture, in many ways it also began to crop American culture. It became Americas new trendsetter, beauty expert, modeling mentor, and entertainment. individually season of Amer icas Next Top Model offers its audience 9-13 episodes with 10-14 contestants competing for the title of Americas Next Top Model. A contestant is eliminated on each episode of the show, which steepens the competition as the season progresses. To succeed the audience with a more realistic feel for the industry, Americas Next Top Model offers drastic makeovers, personal life experiences of the contestants, low-spirited challenges, traveling ventures, and extravagant living arrangements. Beauty is a huge part of the show as implied by the title of the show, but talent along with ambition bring ins a major role as well.According to Silverblatt, the personal values of the media communicator are interwoven with membership in a subroutine of subcultures based upon gender, ethical/racial identity, stage of life, and class which operate accord to separate value systems. In order to identify a value system operating in a media production, it is of paramount importance to define its cultu re (Silverblatt, 109). It is evident that Americas Next Top Model shares an American culture. Not only does the producer, Tyra Banks, share this same American culture, but she also shares other subcultures with her audience, which includes gender, stages of life, and race.Analyzing characters is a strategy that Silverblatt addresses as a way to identify the value system operating within media presentations. Heroes and Heroines embody those qualities that society considers admirable. Heroes generally prevail in media entertainment programming because they embody the values that are esteemed within the culture (Silverblatt, 109). Both Tyra Banks and the contestants of Americas Next Top Model signify beauty and talent, which are qualities that most women would fare to have.These girls signify what our culture defines as model material and and then a reflection of a dominant ideology. They are tall, slim, have unflawed skin, and are beautiful. These are qualities that some of the aud ience may either possess or admire in the contestants. Successful media figures are in control, free to determine their own fates (Silverblatt, 111). The contestants on the show are determined to be unique, to stand out from the crowd, and to win the title. They know that their fate on the show and for their life thereafter depends on their determination to win.These are roles that are shared by most Americans. American culture suggests that fate is in the workforce of the beh older therefore, this face of the show is a reflection of a dominant ideology. This implies that whatever happens in life is the sole responsibility of the individual and that success comes with being confident and in control. Runs House is to that extent another American reality television show that airs on primetime television. The show introduces America to high-minded Run, also known as Run DMC, as a minister, his family, and his family life.Runs House focuses on man of the cloth Run as provides pare nting to his family of five children which range in age from age 8 to 21 with his loving wife, Justine. Viewers get a see Reverend Run in action as this hands-on, very involved, pat gone minister dad negotiates everyday parenting challenges from the birds and the bees to helping with homework. Runs House is a perfect example of American culture as we know it. This family of seven that consists of five children and a mother and father in the home prays together, eats together, and participate in family activities and trips together.While the children of the show lifelessness get in trouble for misbehaving or getting bad grades, they comply their parents. They seem to honor the values that they are taught and work hard to keep their parents proud. On one particular episode of the show, the audience learned that genus Vanessa and Angela were still virgins at age 18 and 21. In this same episode, the girls mark that they are going to wait until they are married before they lock away in sexual activities. This is a lesson that is taught to many, but carried out by fewer. While this seems to be far from the norm in current day society, his aspect of the show could shape culture and have a huge collision on the younger audience who admire Angela and Vanessa. Runs House seems to fit the Physical Ideal worldview which means that the family is admired because of the role that they play in this society. Reverend Run and his family seem to still be grounded with old fashion values in a society and culture where that seems to be fading, temptations are ever increasing, and infidelity is accepted. Some families no longer eat at the table together nevertheless, pray together.In addition, some children are being raised in single family homes where the mother works most of the time. Living in a home where there are 2 parents that have vested interest in their childrens lives and that seem to be laughing(prenominal) makes this family a physical ideal that most people wou ld admire and would love to have. Cultural studies and media literacy theories help to identify dominant ideology in media which includes primetime television (Silverblatt, 98). The three reality television shows listed above are either deeply embedded in American culture or either shape it.For the most part, Keeping up with the Kardashians and Americas Next Top Model for the most part are both a true reflection of the contemporary dominant ideology. Runs House on the other hand is s reflection of the modern ideology. The role that Reverend Runs family plays in this society is more similar to march on it to Beaver which aired in the 70s and was very take into account for that time. While the show had high ratings, it is not the norm compared to other reality television shows that air on primetime television.