Topic of Your Choice Essay Free Essays

English 090 Writing Fundamentals Assignment 3: Topic of Your Choice Essay Professor T. Finch Christopher Casselman 08-29-2011 There are numerous difficulties to online examination; in any case, time the executives, course load and organizing are the three fundamental territories that ought to be centered around. To begin with, deciding how much an ideal opportunity to spend regarding a matter is exceptionally problematic. We will compose a custom article test on Subject of Your Choice Essay or on the other hand any comparable point just for you Request Now Contingent upon the subjects, a few people like to invest additional energy in specific things like math. Finding an opportunity to go through with the family is distressing too. There will consistently be something to occupy one from their work. Next, course burden will decide a ton of things, for example, how much time will be required for each subject, when assignments are expected and when to step through examinations or tests. Everything previously mentioned should be finished in a specific request and in a convenient way. Following a difficult calendar will keep one on target. At long last, organizing will smooth out things immensely. Organize by deciding what number of assignments are expected week by week for each subject, and if there are any tests. Just as, the trouble of the subjects, and what sway they have on our day by day life. Moreover, ordinarily we will over-burden ourselves and will require a fleeting break. In spite of the fact that breaks ought to be short, yet long enough so one can get a handle on the rules firmly again and proceed with what one is doing. Remaining concentrated on the current work is difficult to do when there are different commitments requesting consideration also. Doing the best in each subject, and remaining tenacious is the absolute most significant thing. All things being equal, these things ought to be considered before beginning an online course. Lament and disappointment will be less on the off chance that one can get a decent comprehension of what is normal from them and spotlight on time the executives, course burden and prioritization. Instructions to refer to Topic of Your Choice Essay, Essays

Resource Management Developing Sustainable Business Organizations

Question: Examine about the Resource Management for Developing Sustainable Business Organizations. Answer: Presentation Global Human Resource Management (HRM) alludes to the arrangement of human asset exercises that deal with the HR at national and universal level. The International HRM alludes to the run of the mill HRM capacities, for example, enrollment, choice, preparing and advancement, execution evaluation and end of representatives directed at a universal level. Alongside it, the worldwide HRM additionally relates to the exercises, for example, worldwide expertise the executives, preparing and culturally diverse issues (Harzing Pinnington, 2014). In global organizations, there are three sort of workers, home nation representatives which allude to the representatives having a place with the nation of origin where the corporate headquarter of the firm is arranged, have nation workers which alludes to the workers having a place with the country where the auxiliary is arranged and third nation workers which alludes to the workers who are not from the host or the nation of origin yet from some other nation. The International Human Resource Manager coordinates HR Policies and practices in various auxiliaries so the association can accomplish its objectives (Truss, Mankin Kelliher, 2012). In addition, the International Human Resource Manager is dependable to build the adaptability in the associations arrangements so it can oblige the social contrasts in various nations (Nkomo, Fottler McAfee, 2010). In the current report, the representative connection issues in global HRM have been investigated. Toyota is driving vehicle Manufacturer Company. The HR Manager of the association is moved from its auxiliary in Australia to the USA. While moving from Australia to the USA, the chief will confront a few issues because of contrasts in economy and business approaches of the two nations. In the current report, all the human asset issues looked by the association have been talked about. Effect of Presidency Change on Economy and Business in the US Activities in universal condition can be trying for the business associations. The organizations need to adjust the approaches and business activities as indicated by the nearby laws and framework. The presidential appointment of the United States of America have been the most marvelous occasion of 2017 and the determination of Donald Trump as the enhanced US President will have a few long haul impacts on the nation. The new government has made a few laws, for example, expanding the duty on the products, migration boycott and quitting Trans-Pacific Partnership Trade Deal in the USA (Garcia, 2017). The speculators and business associations are content with the presidential principle because of the low corporate charges, less guideline, lower burdens on the intrigue and profit of the associations. In any case, the presentation of fringe charges at a high rate has made noteworthy difficulties for the human asset the board of the association. The outskirt duty will climb the costs of the vehicle essentially (Lippert, 2017). Trump government has additionally cautioned Toyota for setting up vehicle fabricating office in Mexico. The organizations will not, at this point have the option to make the vehicles in Mexico at less expensive rates and sell them in the USA at more significant expenses. In the USA, the nation has likewise prohibited migration which will lessen the measure of accessible work for the association (Roberts Dason, 2017). One of the significant duties of the HR chief is to guarantee that the association follows by the work laws and guidelines (Condrey, 2010). It is a crucial segment of the HR supervisors obligations. Guaranteeing legitimate consistence with the work and the assessment laws is significant for the proceeded with presence of the association. With the adjustments in the laws, the new HR supervisor will think that its difficult to actualize laws. The administration continually makes new guidelines with respect to the working long periods of representatives, charge stipends, break times, the lowest pay permitted by law and strategies on segregation (Cohen, 2010). The Trump government has rolled out some extreme improvements in least wages, charges and segregation approaches. The methodologies of the legislature will require the HR director to look at the progressions required in the activities of the association and execute them. In the ongoing turn of events, Donald Trump has given a danger against Toyota Motor Corp for building another plant in Mexico. The duly elected president cautioned the vehicle maker that it they will complete the plans, they will confront enormous fringe charge. Donald Trump made the danger as he was worried that the new plant will remove the work of the US residents. In the event that the organization would have had the option to re-appropriate work from Mexico, it would have been profited by the relative modest work of the nation. Obligations of International HR Manager The International HR Manager is obligated to viably deal with the HR in the organizations which are working all around. They require having a profound comprehension of various societies and the capacity to react rapidly. The fundamental elements of the human asset experts are to deal with exercises, for example, enlistment, talking with, recruiting, preparing and advancement of the workers so the business association accomplishes its objectives (Harzing Pinninton, 2014). The Human Resource Manager is likewise capable to create strategies with the goal that gainful and safe working environment condition can be made. In worldwide condition, it is fundamental to persuade and urge representatives to work cooperatively dismissing their social contrasts. One of the significant elements of human asset experts is to give preparing to the HR to guarantee a profitable situation is set up in the association (Collings, Wood Caligiuri, 2014). Preparing guarantees that the representatives have wha t it takes and the information to achieve the activity errands. The human asset director makes course of action for the preparation of the workers with the goal that they are better gifted to play out their capacities. Preparing likewise guarantees that the organizations submit to the administration guidelines as it builds the representative information. In the global condition, the profile of human asset experts is turning out to be more generalist (de Juana-Espinosa, 2011). In the present, the contribution of the human asset experts with the inner tasks of the association is lessening and they are progressively worried about joint effort and efficiency of the association all in all. Today, the human asset experts are worried about expanding the upper hand, monetary endurance and the gainfulness of the association. In such manner, the human asset experts play out a few activities, for example, recruiting workers, overseeing advantages and taking care of disciplinary activities towa rd the representatives. They are additionally dependable to deal with the human services cost, decreasing the worker weakening and taking part in the network (Chalofsky, 2014). They additionally work with directors as a team with the tasks administrator in the enrollment of new faculty. In worldwide settings, the HR administrator needs to work in a joint effort with the activities director to enroll fitting competitor and later in his exhibition assessment. The worldwide human asset administrator has another provoking duty to assemble global groups and bolster their joint effort. They need to take proper measures to guarantee that assorted groups cooperate. The human asset experts receive a few techniques, for example, leading group building workshops, aiding coordinated effort of the socially different individuals and worker commitment and inspiration strategies to accomplish the vital objectives of the association (Ehnert, Harry Zink, 2013). HR Implications of the Presidency Change in Automobile Industry The budgetary capital and wages are additionally noteworthy in the re-appropriating choice of the nation. The re-appropriating is utilized to spare expenses and increment the monetary advantages to the association. The nations like China and Mexico, whose economy is needy upon the re-appropriating exercises have created adaptable arrangements to urge the remote organizations to contribute. The Human asset division of the association gets profited by the exceptionally gainful workforce, modest work cost and adaptable exchange strategies (Grisham, 2011). Re-appropriating is likewise helpful for the association as it can upgrade the center capability of the association and result in new financial development of the organization (TingTing, 2014). With the presentation of the present approach, either the firm needs to move its assembling plant in the USA or face high outskirt charges. With the advancement of plant in the USA, the business worker relations will get influenced. The business relationship can be characterized as the legitimate connection among manager and the workers. The business relations are shaped when an individual works or offer types of assistance in the work environment consequently of pre-decided compensation. With the business relationship; equal rights and commitments are built up between the business and the representatives. The representative connection is the principle apparatus through which laborers can access the rights and advantages related with the business laws and government managed savings of the nation. It decides the nature and the degree of bosses rights and commitments towards their laborers. Additionally, as the business and the worker work in closeness, they create proficient associations with one another. The administration of the work relationship is significant for an association as it is corresponded with the bliss and the efficiency of the representatives. The business representative relationship is commonly dependent as the business is needy upon the worker to play out his obligations though representative is needy upon the association to help him monetarily. In Australia, there is national work environment relations s

Meet Our Latest OppU Achiever Nicole Bratcher-Bouyer!

Meet Our Latest OppU Achiever Nicole Bratcher-Bouyer! Meet Our Latest OppU Achiever: Nicole Bratcher-Bouyer! Meet Our Latest OppU Achiever: Nicole Bratcher-Bouyer!Name: Nicole Bratcher-BouyerCollege: Howard UniversityExpected Major/Concentration: Media, Journalism, and Film CommunicationsExpected Degree: Bachelor of ArtsExpected Graduation Date: 2018We’re thrilled to announce the latest recipient of the OppU Achievers Scholarship, Nicole Bratcher-Bouyer! She blew us away with an introspective, searingly honest essay that detailed her path to financial literacy.In some ways, Nicole’s story is a familiar oneâ€"hard-learned lessons about the need for money management. However, in many ways, it’s not. When she was in the 10th grade, her mom suffered a debilitating stroke, and Nicole became her sole caregiver. She faced daunting financial and personal hardship, including periods of homelessness, but overcame it all to gain admission to one of the nation’s leading historically black colleges. Now entering her senior year at Howard University (@HowardU), Nicole is a budding community advoc ate who co-founded an organization that helps her classmates pay down their student loan debt. She also led an initiative to deliver water to homeless persons during a late-summer heat wave, volunteered as a tutor for middle schoolers, travelled to New Orleans to alleviate a food desert in the 9th Ward, and ran a job training program for homeless persons that provided work clothes, resume workshops, hot meals, and access to personal records needed for applications. Whew! And Nicole has big plans for the future. A communications major, she hopes to create a television network that promotes positive images of under-represented persons. Not stopping there, she wants to use her profits to fund homeless shelters, initiatives for children with disabled parents, and safe homes for orphaned kids.The OppU Achievers Scholarship is awarded four times a year through OppU (@OppUniversity), our online financial literacy program. (If you ever wanted a little help creating a budget or figuring out ways to save, the interactive video lessons are a great way to get it. They’re free and available to all, so check them out!) Scholarship applicants submit an essay, and if they’re selected, they receive $2,500 for education costs.We wish you the best, Nicole! With all of your hard work, tenacity, and heart, we know you’ll make your dreams come true!You can read her winning essay below.How Not to Ruin Your Credit In College: From A Bad Credit ExpertThere are many things I was not prepared to do in “adulting,” and managing my money correctly is definitely number one on the list. When I applied for college, all I cared about was getting into my top-choice school. As teachers and counselors drilled us on the cost of tuition, loans, and interest, I daydreamed about my first days on the yard. It’s too late to go back and pay attention to those lessons now, so instead I’m starting a journey of financial literacy. Without financial literacy, college students are heading into adulthood at 100 miles an hour with a tank near “E” and no brake pedals. We’re just in for a disaster!As a senior in college, I am coming to realize that I will be in the “real world” in less than a year. I will be expected to take full responsibility for my taxes, loan repayments, bills, and credit. Although all of the wonders of “Adultland” sound fun, I know it’s going to be tough if I don’t understand how all of these things work. I have had a repeated history of ignoring financial literacy tipsâ€"skating by with poor financial management learned from watching adults around me poorly manage their money too.My freshman year of college, I received my first job within a week of being on campus. It was a canvassing gig making $50 a day and I was averaging six work days a week. So bi-weekly I was making $600, which isn’t bad for an 18-year-old. Guess how much of that money ever touched a savings account though? $0. I had no understanding of the importance of saving money at the time, and even though I knew that the job was only for election season, I just assumed the money would always be there because I was too financially illiterate and naive. After Election Day in November, I began running out of money. Credit accounts that I started while I had the job were becoming too expensive and I began paying bills later and later until I eventually didn’t pay them at all. I made it down to my last dime and soon my account was empty. Bills kept coming in and with no money to pay, my account was in the negative and my credit was eventually destroyed. I had to constantly borrow money from family and friends which landed me in more debt. Too bad none of that taught me my lesson the first time. Stressing over wanting to get out of debt quick, I looked into getting loans to pay off my debt and my new tuition bill. Thankfully, my credit was so terrible that I wasn’t allowed to accumulate any more unnecessary debt.Lacking financial literacy influenced me to make too many financial decisions out of ignorance and desperation. Feeling so unsure in my financial literacy I buried the burden of my financial debt to the bottom of my priority list for the past three years and continued my bad money management habits. However, with graduation coming in nine months, I’ve realized that it’s time for me to take full responsibility for my financial health.I have been doing more research on how to pay off debt, how to save, and monthly budgeting. I drafted a long-term financial goals plan that has been broken into short-term weekly and monthly financial goals. As well, I have been purging credit and auto-pay accounts that no longer serve me personally or financially. Reducing my weekly spending has allowed me to take better control of my finances already. And sharing this knowledge with my friends has been even more enjoyable in my journey to financial freedom because I want them to be able to control their financial health as well.Lack of financial literacy and the lack of interest in financial education is stifling to college students. We see life as something we can always get together “later.” However, showing college students the importance of sowing the seeds of financial freedom now so they may reap the harvest of healthy savings accounts and credit scores later should be a top priority in higher education.

Finance For It And Service Sector Finance Essay - Free Essay Example

Sample details Pages: 17 Words: 5062 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? The objective of this project is to have a detail study about the start-up IT companies and the different problems faced by them, the various source of fund available to start a company and the advantages enjoyed by the established companies. Also compare between the companies using various tools of financial statements, ratio analysis and following the market trends. PART 1A ANALSING THE MAJOR SOURCE OF FUNDS FOR START-UP I.T. COMPANIES Don’t waste time! Our writers will create an original "Finance For It And Service Sector Finance Essay" essay for you Create order Own contribution-People start companies at different points in their lives. Some entrepreneurs start companies during the early stages of their career. A majority of entrepreneurs start companies at later stages in their lives and these entrepreneurs often have personal assets that they could use to finance their ideas. It is important for entrepreneurs to invest their personal savings in their business ideas as it indicates that the entrepreneur is confident about his or her own idea, thereby encouraging other investors to look at the idea more seriously. After all, who would want to invest in a company wherein the founder does not want to bet on the idea? Additionally, entrepreneurs who do not put their personal savings into the venture can find it hard to raise money from friends and family. Entrepreneurs should think thoroughly before investing their personal finances. If the business idea is not feasible, the entrepreneur loses everything. Angel investors-Angel investors are wealthy individuals who will give an entrepreneur financing in exchange for a share of equity in the company. Investment sizes range, but usually are less than $1 Million. A small but increasing number of angel investors organize themselves into angel groups or angel networks to share research and pool their investment capital, as well as to provide advice to their portfolio companies. Angels typically invest their own funds, unlike venture capitalists, who manage the pooled money of others in a professionally-managed fund. A Harvard report by William R. Kerr, Josh Lerner, and Antoinette Schoar provides evidence that angel-funded start-up companies have historically been less likely to fail than companies that rely on other forms of initial financing. Angel investments bear extremely high risk and are usually subject to dilution from future investment rounds. As such, they require a very high return on investment. Because a large percentage of ange l investments are lost completely when early stage companies fail, professional angel investors seek investments that have the potential to return at least 10 or more times their original investment within 5 years, through a defined exit strategy, such as plans for an initial public offering or an acquisition .Angel investors are more serious than the type of investor you would find in a Friends and Family Round, but they are usually less serious than a VC Firm. Pros and cons of angel investors Pros: Angels normally have experience in the industry and can offer helpful guidance and introductions to their network. Because angels are less rigid than VC Firms, flexible business agreements are common. Cons: You can be forced to give up some degree of control over your company. Due to the high-risk nature of angel investing, angels rarely make follow-on investments. Venture capitalist-A venture capitalist is a person that makes venture investments, and these venture capitalists are expected to bring managerial and technical expertise as well as capital to their investments. A venture capital fund refers to a pooled investment vehicle (in the United States, often an LP or LLC) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans. These funds are typically managed by a venture capital firm, which often employs individuals with technology backgrounds (scientists, researchers), business training and/or deep industry experience. Most venture capital funds have a fixed life of 10 years, with the possibility of a few years of extensions to allow for private companies still seeking liquidity. The investing cycle for most funds is generally three to five years, after which the focus is managing and making follow-on investments in an existing portfolio. This model was pioneered by successful funds in Silicon Valley through the 1980s to invest in technological trends broadly but only during their period of ascendance, and to cut exposure to management and marketing risks of any individual firm or its product. Pros and cons of venture capital Pros: VCs can invest large sums at once and they can provide expertise and other assistance that is helpful in growing and exiting your business. Being VC funded brings instant credibility to your company. VCs open up doors to a vast network of individuals including partners and future investors. Cons: The term Vulture Capitalist exists for a reason. VCs are about the money and will take necessary steps to see a return on their investment, including ousting you from your own company. VCs may steer the business in a direction that you dont agree with. However, they are very experienced and may know something that you dont. Family Friends-As an entrepreneur, you can lobby friends, family, and associates for funding that is usually invested more because of your personal relationship rather than an accurate assessment of the business plan. The Friends and Family Round often acts as a seed investment to get the business to a point where it will be able to obtain larger funding from an Angels or VCs. Pros and cons of family funding Pros: Funding is usually obtainable quickly due to your existing relationship. Potential exists for the mutual vested interest in the business to bring you closer with loved ones. The investment terms are usually more flexible and potential exists for numerous equity or pay back methods. Cons: Immense pressure to succeed can strain personal relationships. Friends and family frequently have an extremely limited ability to evaluate the potential of your business, though they tend to give advice because of their monetary stake in the company. Friends and family usually bring nothing more to the table as an investor besides the initial capital. IPO (Equity) As opposed to debt financing, equity financing transfers the risk from the entrepreneur to the investors, but has its own set of drawbacks. Equity financing is when entrepreneurs can raise money only through selling common or preferred stock to investors. This implies that an entrepreneur gives up some of his or her voting rights to investors. Although most angels offer equity financing, institutional venture capitals make the biggest equity financing investments. Institutional venture capital firms usually manage large funds anywhere from $25 million to $1 billion and invest in high growth companies. Debt- Bank loan-Entrepreneurs can also raise capital from banks through the debt financing route. Although some angels provide debt capital, commercial banks are the primary providers of debt capital to small companies. Bankers tend to make business loans through lines of credit, term loans and mortgages. A line of credit loan is the largest amount of money that the borrower can obtain from the bank at any one time. In addition to the line-of-credit load, banks issue five to ten year term loans that are generally used to finance equipment. Since the economic benefits of investing in equipment extend beyond a single year, banks are generally open to lending money to buy equipment that generate revenues, which match the interest to be received from such a loan. Finally, entrepreneurs can also obtain a mortgage to provide funding. Debenture is a type of debt instrument issued by corporations to raise capital. The debenture holders have a right to receive regular interest payments and a fixed sum called the principal on maturity. Debentures are not secured by any asset but are backed by the general credit worthiness and integrity of the issuing. Bonds are debt instrument issued by a business which obligates it to make periodic interest payments to the holder of the bond, as well as to repay the principal of the bond at the maturity day; The issuer obtains funds by placement of bonds in the capital market, i.e. they are sold to the economic subjects that invest their funds to purchase these securities. The process of the issue is similar to that one of the shares. Pros and cons of debt financing Pros: Debt financing increases the potential for higher rates of return on investment (ROI) Allows entrepreneurs to retain much of the board control, also. Cons: Irrespective of the start-ups outcome, banks make sure that they will get their investment back along with interests. To accomplish this, banks structure their agreements accordingly Govt. sponsored program-Several government programs provide financing to small businesses. The federal government has a long history of helping new businesses get started, primarily through the following federal programs: Small Business Administration (SBA) Small Business Investment Companies (SBIC) Small Business innovative Research (SBIR) Small Business Technology Transfer (STTR) Apart from the federally sponsored programs, state and local government are also becoming increasingly active in financing new businesses. The nature of financing varies, but each program is generally geared to augment other sources of funding. Pros and cons of govt.funding Pros: Helps to raise money with low interest rates and equity Cons: Entrepreneurs must have the patience to go through the time-consuming government bureaucratic processes. PART 1B SOURCE OF FINANCE FOR EXISTING I.T. COMPANIES Rights issues-A rights issue provides a way of raising new share capital by means of an offer to existing shareholders, inviting them to subscribe cash for new shares in proportion to their existing holdings. A company making a rights issue must set a price which is low enough to secure the acceptance of shareholders, who are being asked to provide extra funds, but not too low, so as to avoid excessive dilution of the earnings per share. Preference shares- are a special kind of shares, the holders of such shares enjoy priority, both as regards to the payment of a fixed amount of dividend and repayment of capital on winding up of the company. Long-term funds from preference shares can be raised through a public issue of shares. Preference share capital is a hybrid form of financing which partakes some characteristics of equity capital and some attributes of debt capital. Retained earnings- For any company, the amount of earnings retained within the business has a direct impact on the amount of dividends. Profit re-invested as retained earnings is profit that could have been paid as a dividend. The major reasons for using retained earnings to finance new investments, rather than to pay higher dividends and then raise new equity for the new investments areÂÂ  (a)The use of retained earnings as opposed to new shares or debentures avoids issue costs. (b) The use of retained earnings avoids the possibility of a change in control resulting from an issue of new shares. Bank lending- Borrowings from banks are an important source of finance to both start-up and existing companies. Bank lending is still mainly short term, although medium-term lending is quite common these days. Medium-term loans are loans for a period of from three to ten years. The rate of interest charged on medium-term bank lending to large companies will be a set margin, with the size of the margin depending on the credit standing and riskiness of the borrower. A loan may have a fixed rate of interest or a variable interest rate, so that the rate of interest charged will be adjusted every three, six, nine or twelve months in line with recent movements in the Base Lending Rate. Leasing- A lease is an agreement between two parties, the lessor and the lessee. The lessor owns a capital asset, but allows the lessee to use it. The lessee makes payments under the terms of the lease to the lessor, for a specified period of time. Leasing is, therefore, a form of rental. Leased assets have usually been plant and machinery, cars and commercial vehicles, but might also be computers and office equipment. There are two basic forms of lease: (a) Operating leases- Operating leases are rental agreements between the lessor and the lessee whereby the lessor supplies the equipment to the lessee. (b) Finance leases- Finance leases are lease agreements between the user of the leased asset (the lessee) and a provider of finance (the lessor) for most, or all, of the assets expected useful life. Hire purchase- An industrial or commercial business can use hire purchase as a source of finance. Hire purchase is a form of instalment credit. Hire purchase is similar to leasing, with the exception that ownership of the goods passes to the hire purchase customer on payment of the final credit instalment, whereas a lessee never becomes the owner of the goods. Hire purchase agreements usually involve a finance house. PART 2 Looking at the advantages of existing IT companies over start-up companies. Existing IT majors always have an added advantage over the start-up companies. We shall now analyse the advantages of an existing companies by look at some specific area of superiority over new IT companies:- Brand Popularity-Being recognized all over the world as a respected brand is a sustained competitive advantage that companies such as TCS, Wipro and Infosys etc. have used as leverage to hold the market sway for years. Effective brand names build a connection between the brand personalities as it is perceived by the target audience and the actual product/service. Brand identity is fundamental to consumer recognition and symbolizes the brands differentiation from competitors. This companies has uses its brand name as leverage to break into new markets in completely new territories. Unfortunately new IT companies have a long way to go before they become a household name. Corporate reputation-Corporate reputation is a form of sustained competitive advantage that companies such as Infosys, Wipro and others major IT companies-which were/are mentored by people like N. R. Narayana Murthy, Azim Hashim Premji have leveraged to become world class entities. New companies often do not have right people for guidance. Strong research and Innovation The technology industry is one of the leading industries with respect to strong research and innovation. And when it comes to setting the pace using innovation as leverage existing companies always have an added advantage. Existing companies earn huge profit and spend a considerably part of their expenses in RD sector. Strategic assets-Holding strategic assets such as patents, intellectual property right is a strong source of sustained competitive advantage and big IT compnies have seen to it because of the several patents held. For example-Infosys was granted patents by the U.S. Patent and Trademark Office for System and Method for Managing Playout Time in Packet Communication Network and Methods and System for Configurable Domain Specific Abstract Core (DSAC). Access to working Capital-Generally, public liability companies (quoted companies) have a sustained competitive advantage over private companies because of their infinite capacity to raise capital from the public. Start-up companies are mostly funded by angel investors or venture capitalists hence they have a limited scope of raising more and more capital. High volume production-High volume of production reduces cost per unit of a product to a great extent. Old IT companies have a large workforce and they are able to produce in a large volume, reducing cost and selling at a lower rate. Now let us look at some of the problems faced by the start-up companies:- Not Enough Start-up Money-In a 2004 survey of new business closures, 79 percent of respondents cited starting out with too little money as one of the chief causes of their failure. Most start-up companies are financed by venture capitalists or through debt (term loan or debenture) who always have/give a limited amount of money which acts as a deterrent in the path of growth. Charging Too Little-One of the most common problems of new businesses is trying to beat the competition by offering lower prices. Start-up companies in order to capture the markets price their product as low as possible often resulting in losses and as a results they have zero reserve to finance their growth. The better strategy is to price your goods or services at a fair market value and try to beat the competition on high quality, customer service and your unique selling proposition, Poor Marketing Strategy-One of the most important elements of a successful business plan is a well-researched marketing plan. It starts with the market data you produced from census reports, feedback and competitive analysis. Once you have a clearly defined target customer, you need to design a marketing campaign that turns him or her into a paying customer. A common problem for new businesses is to rush into newspaper ads, glossy brochures and billboards. The first consideration should be the budget. Start-ups need to figure out how much each type of advertising costs and how many of your potential customers it will reach. Bad Business Plan-A common problem for new businesses is that they rush a product or service to market without a clear focus. The result is that the business owner ends up chasing too many potential markets and new products. At the beginning, its much more important to have a single focus with a proven client base. Existing IT companies always have a definite focus plan and they stay focus to it. PART 3 ANALYSING THE PERFORMANCE OF I.T. SECTOR IN INDIA From a nascent start, India has made rapid progress in the IT domain. The opening of the economy in the early 1990s gave it a tremendous boost. Indias prowess in the software field is now recognized the world over, with its software consultancy firms having a truly global presence and with nearly all the top Fortune 500 Companies as its clients. The existence of a separate Department of Information Technology under the Central Government is a reminder to the importance attached to IT and the impact it is having on various fronts including governance. Information Technology has come to be recognized as a key-leveraging factor in the National Development. It has had a profound effect on other industries in increasing productivity and changing cost structure. The Indian IT success story has also highlighted Indias attractiveness as an investment destination far beyond the IT sector. Another key impact of the global sourcing model popularised by the growth of IT and IT Enabled Services (ITES) has been the reversal of the brain drain as people of Indian origin (who went to pursue careers abroad), as well as young expatriates, are now attracted to work in India. The rapid growth of ITES-BPO and the IT industry as a whole has made a deep impact on the socioeconomic dynamics of the country, having a significant multiplier effect on the Indian economy. Apart from the direct impact on national income, the sector has risen to become the biggest employment generator with the number of jobs added almost doubling each year, has spawned a number of Ancillary businesses such as transportation, real estate and catering; played a key role in the rise in direct-tax collection and has contributed to a rising class of young consumers with high disposable incomes. The industrys contribution to the national economic output is estimated to account for 4.1 per cent of the national GDP in the year 2004-05. The IT services and software sector is expected to add 109,000 jobs in the current fiscal, ITES-BPO another 94,500. The number of professionals employed in India by the IT and ITES sector is estimated at 1,045, 000 by March 2005. Of these, 345,000 were in the IT software and services export industry; nearly 348,000 were in the ITES-BPO sector; 30,000 in the domestic Software market and over 322,000 in user organizations. The Indian software and services export was to the tune of Rs. 78,230 crore (US$ 17.2 billion) in 2004-05, as compared to Rs. 58,240 crore (US $12.8 billion) in 2003-04, an increase of 34 per cent both in rupee terms and dollar terms. The Indian ITES-BPO (Business Process Outsourcing) sector industry also continues to grow from strength to strength, witnessing high levels of activity both onshore as well as Offshore. Export revenues from ITES-BPO exports from India have exceeded the US $ 5 billion mark in the year 2004-05. The economic survey 2011-2012 gives the following interesting information regarding the IT sector:- The IT and IT enabled services (ITeS) sector are giving India the image of a young and resilient global knowledge power. The IT-ITeS industry has four major sub-components: IT services, business Process outsourcing (BPO), engineering services and research and development (RD), and software products. As per the estimates of NASSCOM, Indias IT and BPO sector (excluding hardware) revenues were US$ 87.6 billion in 2011-12, generating direct employment for nearly 2.8 million persons and indirect employment of around 8.9 million. As a proportion of national GDP, IT and ITeS sector revenues have grown from 1.2 per cent in 1997-8 to an estimated 7.5 per cent in 2011-1210.45 Software exports in 2011-12 are estimated at US$69 billion compared to US$59 billion in 2010-11. While exports continue to dominate the IT-ITeS industry and constitute about 78.4 per cent of total industry revenue, the CAGR of the domestic sector has also been high at 12.8 per cent compared to the14.2 per cent for exports during the Eleventh Five Year Plan period. The growth rate of the domestic sector in 2010-11 was 20.6 per cent as compared to 18.8 per cent for the export sector; in 2011-12 it was9.7 per cent for domestic sector and 16.4 per cent for export sector. In 2012-13, as per NASSCOM estimates, export revenues are expected to grow by11-14 per cent and domestic revenues by 13-16 per cent. These estimates are a pointer to the possibilities of making further forays into the untapped domestic sector for IT and ITeS. Consistent demand from the US, which increased its share in total exports of Indias IT and ITeS services from 61.5 per cent to 62 per cent, characterized 2011-12. Emerging markets of Asia Pacific and the rest of the world also contributed to overall growth. While the industrys vertical market mix is well balanced across several mature and emerging sectors, there was broad-based demand not only across traditional segments such as banking, financial services, and insurance (BFSI), but also new emerging verticals of retail, health care, media, and utilities. Sub-sector-wise in 2011-12, as per the provisional estimates of NASSCOM, in the export sector, IT services were the major component with a 58 per cent share and CAGR of 15.7 per cent for the Eleventh Plan period; followed by BPO with a 23.1 per cent share and 12.5 per cent CAGR; and software products / engineering with a 18.9 per cent share and 11.8 per cent CAGR. Indian IT service offerings have evolved from application development and maintenance to emerge as full service players providing testing and infrastructure services, consulting, and system integration. The year also witnessed the next phase of BPO-sector evolution, characterized by greater breadth and depth of services, process re-engineering across the value chain, increased delivery of analytics and knowledge-based services through platforms, strong domestic market focus, and Small and Medium-sized Business (SMB) centric delivery models. In the engineering design and products development segments, there was increasing use of electronics, adoption of fuel efficiency norms, convergence of local markets, and use of localized products. Increasing confidence between customers and service providers successfully executing a variety of activities across low-medium-high complexity projects has led to increasingly larger sizes of projects being sourced from India. In the domestic sector, the major component is IT services with 64.2 per cent share, followed by software products/ engineering with 19.6 per cent share and BPO with16.2 per cent share. The CAGRs of these sectors were 11.5 per cent, 13.6 per cent, and 18.1 % respectively. Strong economic growth, rapid advancement in technology infrastructure, Increasingly competitive Indian organizations enhanced focus by the government and emergence of business models that help provide IT to new customer segments are the key drivers for increased technology adoption in India. The IT and ITeS sector is also a generator of skilled employment with direct employment expected to reach 2.8 million in 2011-12 compared to 2.5 million in 2010-11. Challenges faced by IT companies in todays environment and role of Govt. Some of the challenges faced by the IT and ITeS sector include increasing competition from other countries with incentivized low costs, rising costs in India with wage-push inflation, increasing costs of relevant talent and skilled personnel, infrastructure constraints with over 90 per cent of total revenue generated from seven Tier-1 locations, risks like currency fluctuations and security, both physical and data related, and rising protectionist sentiments in key markets. Government has taken various initiatives to promote the growth of the IT-ITeS industry and has been a key catalyst for increased IT adoptionthrough sectors reforms that encourage IT acceptance, National e-Governance Plan (NeGP), and the Unique Identification Development Authority of India (UIDAI) programme that creates large-scale IT infrastructure and promotes corporate participation. The Draft National Policy on Information Technology 2011 focuses on deployment of information communication technology (ICT) in all sectors of the economy and providing IT solutions to the world. The Policy emphasizes adoption of technology-enabled approaches to overcome developmental challenges in education, health, skill development, financial inclusion, employment generation, and governance so as to enhance efficiency across the board in the economy. It seeks to bring ICT within the reach of the whole of India while at the same time harnessing the immense human resource potential in the country to enable it to emerge as the global hub and destination for IT-ITeS Services by 2020. The NeGP was approved by the Government of India in May 2006 to make all government services accessible to the common man in his locality, through common service delivery outlets at affordable costs. The NeGP comprises mission mode projects (MMPs) and core e-infrastructure. Significant progress has been made in laying down core e-infrastructure and in most of the MMPs. More than 97,000 common service centres (CSCs) have been established across the country as web enabled service access points for making public services available to citizens on anytime, anywhere basis. Initiatives under the NeGP also include online services related to income tax, Ministry of Corporate Affairs (MCA) 21, passports, and central excise. The government has also initiated new e-Governance projects for education, health, public distribution system and postal services. This will ensure the common man access to quality education, cost efficient and quality health care and postal services at affordable costs. The number of public services available to citizens in electronic mode will be expanded through the Electronic Delivery of Services (EDS) Bill, approved by the union cabinet on 20 December 2011. PART 4 COMPARISION BETWEEN EXISTING AND START-UP IT COMPANIES WITH RESPECT TO VARIOUS FINANCIAL INSTRUMENTS Cost of capital- The cost of capital is a term used in the field of financial investment to refer to the cost of a companys funds (both debt and equity), or, from an investors point of view the shareholders required return on a portfolio companys existing securities. It is used to evaluate new projects of a company as it is the minimum return that investors expect for providing capital to the company, thus setting a benchmark that a new project has to meet. Debt Equity ratio-The debt-to-equity ratio (D/E) is a financial ratio indicating the relative proportion of shareholders equity and debt used to finance a companys assets. Closely related to leveraging, the ratio is also known as Risk, Gearing or Leverage. The two components are often taken from the firms balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the companys debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Now let us analyze the financial statement of some established IT companies- TATA CONSULTACNY SERVICE(TCS) Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) services, business solutions and outsourcing Services Company headquartered in Mumbai, Maharashtra. TCS is a subsidiary of the Tata Group and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. It is one of Indias most valuable companies and is the largest India-based IT services company by 2012 revenues. Let us look at the important financial position of the company:- The revenue of TCS has steadily increased since its inception. The company earned a revenue of INR 48894crores as of 31/3/12 an increase of 23.66% form the FY ending 31/3/11 where it clocked a revenue of INR 37325 crores. In March 10 the same stood at INR 30029 crores. The operating profit of the company was INR 13517 crores in March 12 vs. INR 10443 crores in March 11 vs. INR 8034 crores in March 10. Adjusted EPS for March 12 stood at INR 53.07 and the total dividend (equity) paid for the same time period was INR 4839.04 crores. Total debt (both long term short term) of the company as of 31/3/12 stood at INR 116.26 crores, while the total equity as of 31/3/12 stood at INR 195.72 crores (195.72 crores equity shares of Re. 1 each). EBITDA for the company stood at INR 14435.31 crores and EBT stood at INR 13923.31 crores as on 31/3/12. INFOSYS Infosys Limited (formerly Infosys Technologies Limited) is an Indian multinational provider of business consulting, technology, engineering, and outsourcing services. It is headquartered in Bangalore, Karnataka. Infosys ranked among the most innovative companies in a Forbes survey, leading technology companies in a report by The Boston Consulting Group and top ten green companies in Newsweeks Green Rankings. Infosys was voted Indias most admired company in The Wall Street Journal Asia 200[8] every year since 2000. The corporate governance practices were recognized by The Asset Platinum award and the IR Global Rankings. Infosys was also ranked as the 15th most trusted brand in India by The Brand Trust Report. Let us look at the important financial position of the company:- The company earned a revenue of INR 31235crores as of 31/3/12 an increase of 18.73% form the FY ending 31/3/11 where it clocked a revenue of INR 25385 crores. The operating profit of the company was INR 9267crores in March 12 vs. INR 8414 crores in March 11. Adjusted EPS for March 12 stood at INR 145.83 and the total dividend (equity) paid for the same time period was INR 2001 crores. The total equity as of 31/3/12 stood at INR 286 crores same as March 11 and total shareholders fund was INR 31332 crores (March 12). The debt-equity ratio of the company is 0 (zero) EBIT for the company stood at INR 9267 crores and EBT stood at INR 11699 crores as on 31/3/12. [NOTE: all figures as per consolidated financial statements]

Legalization of Marijuana - 972 Words

On January 1st the states of Colorado and Washington officially began the regulation of legal marijuana sales. Thousands of people from all over the country including tourists from Wisconsin, Ohio, Chicago, and even Georgia lined up out front of dispensaries to make a purchase. Recreational marijuana is being regulated and monitored like alcohol; you must be at least 21 years old to make a purchase. The drug, which is controversial in many states’ legislations, is currently legal for medical use in 20 states, but Colorado and Washington were the first to approve of recreational use (Healy). The geographical concepts involved in the legalization of marijuana include migration, movement and flow, and private/public space. In his article,†¦show more content†¦Another man, a resident from Georgia, who suffers from anxiety and alcoholism decided to make his stay permanent after realizing the constant marijuana use was able to help him stop his bad drinking habit. Accom panied by his son from North Carolina, who has previously been an illegal recreational user, is happy that his habits can now continue guilt free. Another source reported that Colorado has welcomed 36,284 people who have migrated from within the US in 2013 (source). That is 8,000 more people than 2012 due to the â€Å"go West† mentality of marijuana enthusiasts (source). If Colorado’s predictions are correct, they will receive an extra $100 million in revenue due to marijuana sales (Dickinson Haglage). This money can be used for beautification, safety improvements, schooling resources and many other positive things that will make living in Colorado even more appealing. Movement and flow occurs when one area models their behavior or legislation after another area due to desire for specific results. In the case of marijuana legalization, the income that has been generated by sales of the drug has created talk among other states. The benefit of being able to tax the drug now that it is legal and already has a strong following is very appealing. Alaska, Arizona, California, and Oregon,Show MoreRelatedThe Legalization Of Marijuana Legalization1061 Words   |  5 PagesThe Legalization of Cannabis in Ohio Marijuana is a controversial topic all across the United States. Recently marijuana has been voted on, legalized, and denied legalization in multiple states. There are still more states trying to fight the green fight for marijuana. The fight for legalization hasn’t been an easy one for cannabis supporters; they have been fighting tooth and nail to make it happen. One of the main concerns in the marijuana debates are whether or not marijuana is a gateway drugRead MoreLegalization Of Marijuana And Marijuana1633 Words   |  7 PagesBalyuk March 8, 2016 Legalization of Marijuana Marijuana has a few different names that are commonly used in today’s society including weed and cannabis. Weed is smoked with joints, bongs, or pipes. Marijuana can also be mixed with foods usually brownies, cookies, and candy which are called edibles. The main chemical responsible for the high feeling is called THC but marijuana also contains over 500 chemicals. The chemical is found in resin produced by the leaves and buds. â€Å"Marijuana is the most commonlyRead MoreThe Legalization Of Marijuana Legalization Essay2566 Words   |  11 Pagescurrent prohibition on marijuana reforms has put the United States in a similar situation. Marijuana is the most widely used illicit drug in the United States. According to the National Survey on Drug Use and Health, â€Å"95 million Americans age 12 and older have tried pot at least once, and three out of every four illicit-drug users reported using marijuana within the previous 30 days† (ONDCP). 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Today, there are currently 21 American states that have legalized medicinal marijuana including two states that have legalized recreational marijuanaRead MoreLegalization of Marijuana1498 Words   |  6 Pagesï » ¿Legalization of Marijuana Thesis Statement Marijuana use should not be legalized and must be discouraged as it is harmful and creates problems for the society Introduction Marijuana, also known as marihuana, is a drug that is taken from Cannabis sativa, a hemp plant. It is one of the most frequently used and popular drugs in the world along with caffeine, nicotine, and alcohol. The United States of America is one of the worlds leading producers of marijuana where it is generally smoked and

Abbey Road and Beatles Free Essays

The Beatles â€Å"There’s nothing you can make that can’t be made, No one you can save that can’t be saved, nothing you can do but you can learn how to be you in time – it’s easy†, this quote is taken from the song all you need is love by The Beatles. The Beatle’s started out as four normal people and then in the 1960 they all come as the group called the Beatles. The members of The Beatles were Paul Mccartney, John Lennon, Ringo Starr, and George Harrison. We will write a custom essay sample on Abbey Road and Beatles or any similar topic only for you Order Now The Beatles are one of the most influential rock bands in history. Today we are going to look into the early years of the Beatles, the raising fame of the Beatles career and the end of the Beatles. How did the Beatles become a group? This is details about the early years of the Beatles. How did they become legendary? The Beatles were four normal people who meet each other day after day. It took a long period of time to change their name to the Beatles. The old names were Jonny and the Moondogs, and long john and the beetles. The Beatles, they genuinely fitted and took over as the most commended rock star appreciated as the Beatles. The Beatles started in 1960 (Ktrek, 2005. ) This was a period where the Beatles comprised mostly their dance and pop music dating from 1963 through 1965 The Beatle’s raising fame. Next came the middle years where the Beatles experimented with sound and music and also developed rock music like never before, rock music beyond just dance music (Ktrek, 2005. ) The Beatles sound grew progressively with each album coming their way; culminating with many believes to be the masterpiece of rock music. They made many albums at this point like Rubber Soul in 1965, Revolver in 1966, and many more albums. The Beatles had their unbelievable end; leaving us with a message Let It Be, a song by the Beatles in 1970. They were on that final long and successful road. The Beatles were running out of ideas. Their song Abby Road is the best song of this period, but songs have their dull moment. The songs they did at this period were The White Album, Yellow submarine in 1969, and Hey Jude in 1970. â€Å"Hey Jude don’t make it bad, take a sad song it make it better†, this is quote from the song Hey Jude by the Beatles. The Beatles will never be the same as they were before but they have raising moments and have influence many people in the world. To their song Yesterday, to their song Rubber Soul, to their lasted song Let it be. What was your favorite song by the Beatles? What was your favorite period of music by the Beatles? They changed the sound of rock music leaving it with different sounds, and beats. â€Å"And in the love you take is equal to the love you make† that was a quote from the Beatles when they ended. (Ktrek, 2005) How to cite Abbey Road and Beatles, Papers

Heroism In Beowulf Essay Research Paper There free essay sample

Heroism In Beowulf Essay, Research Paper There are many traits that are possessed by those who seek gallantry. Whether it is in existent life or in fiction, every hero desires these character traits in the yesteryear, nowadays, and hereafter. IN my sentiment, the two traits that are most outstanding in the verse form Beowulf are courage and goodness. In this verse form, Beowulf exhibits the trait of courage by get the better ofing the monster, Grendel. This monster was a really powerful monster that plagued the town of Herot. ? He slipped through the door? Snatched up 30 work forces, smashed them/ Unknowing in their beds and ran out with their bodies/ The blood dripping behind him, back/ To his prevaricator, delighted with his dark? s slaughter. ( 11 ) ? The society that he terrorized was happy and ever joying. ? As now warriors American ginsengs of their pleasure/ So Hrothgar? s work forces lived merrily in this hall? ( 11 ) ? Bravery today has changed from that of Anglo-Saxon times. We will write a custom essay sample on Heroism In Beowulf Essay Research Paper There or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the verse form, Beowulf uses his bare hands to get the better of the immorality, monstrous Grendel. He believes that it would be braver and mightier if he were to get the better of Grendel without usage of a arm. ? My Godhead Higlac/ Might thing lupus erythematosus of me if I let my sword/ Go where my pess were afraid to, if I hid/ Behind some wide linen shield: my hands/ Entirely shall contend for me, battle for life/ Against the monster ( 15 ) . ? However, in modern times, courage is associated and accompanied by arms. In the film? Jaws? , which is a twentieth century movie, the preying shark terrorizes the beaches of New England. After he is eventually trapped, he is killed- but non in the same manner as Grendel was. The shark was shot in the oral cavity and so blew up to make a CO2 armored combat vehicle he had swallowed. The manner in which each adversary was killed was in two really different ways: with an vitamin D without arms, severally. These two scenarios from Anglo-Saxon and modern times are similar, every bit good. They are similar because of the continuity of? monsters? terrorising a society being a great influence among audiences of the past and present. The two plants of both eras demonstrate the continual involvement in get the better ofing scoundrels and? feeding? it? s hearers with narratives such as these. Bravery is non the lone trait in which a hero possesses. A hero demands and has more than one heroic quality, merely like no flower is complete without its vibrant colourss and sweet odor. Good can be compared to that of a flower? s vibrant colourss and sweet odor. It is a quality in which a hero possesses. The construct of goodness is the same now as it was in Anglo-Saxon times, where Beowulf was seeking to protect a society from a monster. When we crossed the sea, my comrades/ And I, already knew that all/ My intent was this: to win the good will/ Of your people or decease in conflict, pressed/ In Grendel? s fierce clasp. Let me populate in greatness/ And bravery, or here in this hall welcome/ My decease! ( 16 ) As in both Beowulf and? Jaws? , the characters that eventually defeated these adversaries were merely seeking to protect their society, which has remained changeless throughout the times. The differences between the two times reveal the continuity of the implicit in ethical motives that remain the same. In each of these scenarios, the heroes free the communities of the evil force because human life is valued in each. Therefore, the two traits of a hero that are most of import are bravery and goodness. No affair the clip, topographic point, or state of affairs, every hero possesses these features. Find them, and the route to gallantry might non look that far out of range.