Monday, September 30, 2019
Impact of Mother-Son Relationship Essay
In the advent of single-parenthood within the nation and along with the controversial emergence of the reproductive health bill as a major feature of the year 2008, an attempt to look into the increasing concern on the population increase serves as the starting point for this study. The researches felt the need to conduct further study on the said domain, specifically focusing on the development of the sons who were raised by single mothers. The general objective of the current study is to find out the impact of mother-son relationship in the formation of social-psychological attributes by males raised by single mothers. Respondents of the study were composed of 30 males coming from the provinces of Cebu, Cagayan de Oro, Bukidnon, and Bacolod City, whose age ranged from 13-36, and those who were raised by single mothers. Results rendered that males raised by single mothers perceived an ideal mother as someone who is caring, understanding, and loving, and an ideal father as someone who is responsible or a good provider, wise, and loving and caring. Being raised in an atypical family type, males coming from single-parent family viewed an ideal family as intact, happy, full of love and care. The advantages of being raised by single mothers included being well taken-cared of, maturing early, and learning to be independent, while the lack of a male figure, financial deficiency, and the feeling of insecurity were on top of the list for the disadvantages of being in a single-parent family. Asking help from friends and relatives, doing nothing about the situation and self-reflection were some of the coping mechanisms of these males. Attitude toward marriage (x=3. 48) and levels of self-esteem (x=3. 95) were positively correlated to the level of self-disclosure of males raised by single mothers. This means that males who feel comfortable to disclose any information about themselves towards their mothers are most likely to have a positive outlook toward marriage and are more likely to develop a higher level of self-esteem compared to those who keep their thoughts to themselves.
Sunday, September 29, 2019
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Different Nations
MAHARASHTRA HYBRID SEEDS COMPANY LIMITED 1 à © This is a licensed product of Ken Research and should not be copied T ABLE OF CONTENTS 1. Executive Summary: Maharashtra Hybrid Seeds Company Limited 2. Maharashtra Hybrid Seeds Company Limited Business Overview 2. 1. 2. 2. Major Investments in the Company Evolution 2. 3. Maharashtra Hybrid Seeds Company Limited Organisational Structure 2. 4. 3. Corporate Timeline Business Model of Maharashtra Hybrid Seeds Company Limited Maharashtra Hybrid Seeds Company Limited Product Portfolio . 1. 3. 2. Field Crop Seeds 3. 3. Oil Seeds 3. 4. 4. Hybrid Cotton Vegetable Crop Seeds Maharashtra Hybrid Seeds Company Limited Financial and Valuation Analysis 4. 1. Valuation Analysis and Financial Summery 5. Maharashtra Hybrid Seeds Company Limited Analyst Recommendations 6. Maharashtra Hybrid Seeds Company Limited SWOT Analysis 7. Maharashtra Hybrid Seeds Company Limited Key Professionals 7. 1. 8. Management Profile Macro Analysis of Seed Industry 8. 1. In dian Hybrid Seed Industry Market Size, FYââ¬â¢2008-FYââ¬â¢2012 8. 2.Indian Hybrid Seed Industry Segmentations, FYââ¬â¢2012 8. 2. 1. 8. 3. By Type of Crops Market Share of Major Players in the Indian Hybrid Seed Industry, FYââ¬â¢2012 8. 3. 1. By Hybrid Cotton 8. 3. 2. By Hybrid Field Crop Seed 8. 3. 3. By Hybrid Vegetable Crop Seed 2 à © This is a licensed product of Ken Research and should not be copied 9. Maharashtra Hybrid Seeds Company Limited Competitive Analysis 9. 1. By Products Offered/ Revenue/ Business Strategy 10. Maharashtra Hybrid Seeds Company Limited Management Outlook and Future Projections 10. 1. 11.Maharashtra Hybrid Seeds Company Limited Future Projection Appendix 11. 1. Market Definitions 11. 2. Abbreviations 11. 3. Research Methodology 11. 4. Disclaimer 3 à © This is a licensed product of Ken Research and should not be copied L IST OF FIGURES Figure 1: Maharashtra Hybrid Seeds Company Limited Corporate Timeline 1964-2013 Figure 2: Maharashtra Hybrid Seeds Company Limited Organizational Structure Figure 3: Maharashtra Hybrid Seeds Company Limited Business Model Figure 4: Maharashtra Hybrid Seeds Company Limited Product Portfolio Figure : Maharashtra Hybrid Seeds Company Limited Financial Performance on the basis of Revenues and EBIT in INR Crore, FYââ¬â¢2008-FYââ¬â¢2012 Figure 6: India Hybrid Seed Industry Market Size and Contribution in the Overall Indian Seed Market on the Basis of Revenue in INR Crore and percentage, FYââ¬â¢2008-FYââ¬â¢2012 Figure 7: India Hybrid Seed Industry Segmentation on the Basis of Contribution in the Overall Hybrid Seed Industry in Percentage, FYââ¬â¢2012 Figure 8: Market Share of Major Players in Indian Hybrid Seed Market on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012Figure 9: Market Share of Major Players in Indian Hybrid Cotton Seed Segment on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012 Figure 10: Market Share of Major Players in Indian Hybrid Corn Seed Segment on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012 Figure 11: Market Share of Major Players in Indian Pearl Millet Seed Segment on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012 Figure 12: Market Share of Major Players in Indian Paddy Seed Segment on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012Figure 13: Market Share of Major Players in Indian Vegetable Seed Segment on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012 Figure 14: Maharashtra Hybrid Seeds Company Limited Future Projections on the Basis of Revenues and EBIT in INR Crore and Percentage, FYââ¬â¢2013-FYââ¬â¢2017 Figure 15: Non-linear Regression Analysis and Scatter Chart Based upon Indian Hybrid Seed Industry Market size, FYââ¬â¢2008-FYââ¬â¢2012 4 à © This is a licensed product of Ken Research and should not be copied L IST OF TABLESTable 1: Maharashtra Hybrid Seeds Company Limited Financial Summary on the B asis of Revenue, Growth and EBIT Margin in INR Crore and Percentage, FYââ¬â¢2008-FYââ¬â¢2012 Table 2: Maharashtra Hybrid Seeds Company Limited Major Investments in Company Evaluation on the Basis Deal Type, Stake, Deal Value and Implied Enterprise Value in INR Crore Table 3: Maharashtra Hybrid Seeds Company Limited Products Offered in Hybrid Cotton Seeds on the Basis of Different Zones in India Table 4: Maharashtra Hybrid Seeds Company Limited Products Offered on the basis of Different Field Crop SeedsTable 5: Maharashtra Hybrid Seeds Company Limited Products Offered on the Basis of Different Oil Seeds Table 6: Maharashtra Hybrid Seeds Company Limited Products Offered on the Basis of Vegetable Crop Seeds Table 7: Company Comparables on the Basis of Revenue in INR Crore, FYââ¬â¢2008-LTM year ending 31st December 2012 Table 8: Company Comparable Analysis on the Basis of Market Capitalization, Net Debt and Enterprise Value and Valuation Multiples in INR Crore and Multiples, LT M 31 st December 2012 Table 9: Relative Valuation Analysis on the Basis of Deal Value, Deal Stake and Multiples in INR Crore, Percentage and MultiplesTable 10: Maharashtra Hybrid Seeds Company Limited Board of Directors Table 11: Company Comparables on the basis of Services Offered, Revenue and Business Strategies Table 12: Regression Coefficients of the Maharashtra Hybrid Seeds Company Limited Table 13: Regression Intercepts of the Maharashtra Hybrid Seeds Company Limited 5 à © This is a licensed product of Ken Research and should not be copied E XECUTIVE SUMMARY: MAHARASHTRA HYBRID S EEDS COMPANY LIMITEDMaharashtra Hybrid Seeds Company Limited also known as Mahyco, is a privately owned company and is headquartered in Jalna, Maharashtra. Mahyco is among the largest hybrid seed producers in India. The company is involved in the research and development, production, marketing and distribution of various hybrid seeds such as cotton seeds, field crops, vegetable crops and oil seeds. T he company has a prime focus in the generation and distribution of hybrid cotton seeds in the Indian hybrid seed market.Key Differentiators ? ? ? ? More than 1,000,000 cultivators are involved in seed production Competition and Positioning ? ? ? ? Leading position in the Indian hybrid cotton market Key Developments ? Worldââ¬â¢s foremost company to commercialize F1 hybrid cotton based on GMS/CMS system ? ? ? ? Financial Summary Maharashtra Hybrid Seeds Company Limited Financial Summary on the Basis of Revenue, Growth and EBIT Margin in INR Crore and Percentage, FYââ¬â¢2008-FYââ¬â¢2012 Particulars FYââ¬â¢2008E FYââ¬â¢2009 FYââ¬â¢2010 FYââ¬â¢2011FYââ¬â¢2012 Revenue Growth% EBIT Profit% 6 à © This is a licensed product of Ken Research and should not be copied C ORPORATE TIMELINE On 11th November 1964, the company started its operation with the prime focus towards genetic research of plant and production of different varieties of seeds. In 1966, the company star ted its first research and development center in India with an objective of develop new products and increase its penetration in the Indian seed market. In 2013, Performance Plant Inc. nd Maharashtra Hybrid Seeds Company Limited have entered into a license agreementâ⬠¦ Maharashtra Hybrid Seeds Company Limited Corporate Timeline 1964-2013 M AHARASHTRA HYBRID SEEDS COMPANY LIMITED O RGANISATIONAL STRUCTURE The company has 9 processing centers across the nation situated at Maharashtra, Karnataka, Andhra Pradesh, Gujarat, Madhya Pradesh, Rajasthan, Punjab, Haryana and Uttar Pradesh with annual seed processing capacity of over ~ quintal in these 9 centersâ⬠¦ 7 à © This is a licensed product of Ken Research and should not be copiedMaharashtra Hybrid Seeds Company Limited Organizational Structure B USINESS MODEL OF MAHARASHTRA HYBRID SEEDS COMPANY L IMITED Business cycle of the company starts with the procurement of input supplies for research and development departments. Input su pplies are the principal driver for the production of new and improved hybrid seed productsâ⬠¦ After harvesting of seeds, the company transfers these seeds to processing centers for further processing and quality testingâ⬠¦ 8 à © This is a licensed product of Ken Research and should not be copiedOnce the products are finished and packed the company distributes these products to different distributors across the nationâ⬠¦ Maharashtra Hybrid Seeds Company Limited Business Model M AHARASHTRA HYBRID SEEDS COMPANY LIMITED P RODUCT PORTFOLIO The company has a product portfolio of more than ~ hybrid products in ~ different crop species offering hybrid cotton, field crops, oilseeds and vegetables crops. The company offered ~ types of hybrid cotton, ~ types of field crops, ~ types of oil seeds and different types of vegetable seeds verities. à © This is a licensed product of Ken Research and should not be copied The company is continuously focusing on the research and developme nts of new products such as genetically modified (GM) rice, wheat, cauliflower, pigeon pea and okraâ⬠¦ Under the guidance of Department of Biotechnology, Government of India the company has been involved in different projects for the development of new products and new technologies and also the company has entered into various partnerships with other institutionsâ⬠¦Maharashtra Hybrid Seeds Company Limited Product Portfolio 10 à © This is a licensed product of Ken Research and should not be copied M AHARASHTRA HYBRID SEEDS COMPANY LIMITED F INANCIAL AND VALUATION ANALYSIS V ALUATION ANALYSIS AND FINANCIAL SUMMERY Revenue of the company has shown a CAGR growth of ~ % from FYââ¬â¢2008-FYââ¬â¢2012. The company has witnessed this growth due to constant development of new products and by improvements in its current product portfolio. Mahyco has pent INR ~ core in FYââ¬â¢2011 on research and development as compare to INR ~ crore in FYââ¬â¢2010 which showcase the compan yââ¬â¢s interest to enhance the quality of its productsâ⬠¦ In FYââ¬â¢2011 and FYââ¬â¢2012 the company has shown a marginal growth of ~% and ~% respectively in revenues mainly due to increased competition in the hybrid cotton marketâ⬠¦ As on 31st December 2012, Mahyco has been valued at INR ~ crore on company comparables basis. The company has been valued at average revenue multiple of ~x of different publically listed seed companies in Indiaâ⬠¦Maharashtra Hybrid Seeds Company Limited Financial Performance on the basis of Revenues and EBIT in INR Crore, FYââ¬â¢2008-FYââ¬â¢2012 700. 0 600. 0 500. 0 400. 0 300. 0 200. 0 100. 0 0. 0 FY'2008 FY'2009 Revenues FY'2010E FY'2011 FY'2012 EBIT 11 à © This is a licensed product of Ken Research and should not be copied Company Comparables on the Basis of Revenue in INR Crore, FYââ¬â¢2008-LTM year ending 31st December 2012 Revenue (in INR Crore) FYââ¬â¢2008 FYââ¬â¢2009 FYââ¬â¢2010 FYââ¬â¢2011 FYââ¬â¢2 012 LTM JK Agri Genetics Ltd. * Advanta India Limited** Monsanto India Ltd. Kaveri Seeds Company LimitedNath Seeds India Limited Company Comparable Analysis on the Basis of Market Capitalization, Net Debt and Enterprise Value and Valuation Multiples in INR Crore and Multiples, LTM 31st December 2012 (INR Crore, unless Stated) Company Last Twelve Months (LTM) Year Ending December 2012 Market Cap Net Debt Enterprise Value (EV) EV/Revenue EV/EBITDA P/E JK Agri Genetics Ltd. Advanta India Limited Monsanto India Ltd. Nath Seeds India Limited Kaveri Seeds Company Limited Mean Median 12 à © This is a licensed product of Ken Research and should not be copiedRelative Valuation Analysis on the Basis of Deal Value, Deal Stake and Multiples in INR Crore, Percentage and Multiples Date Target Company Deal Type 21-Feb-13 R J Biotech Limited IPO 24-Nov-12 Century Seeds Private Limited Inbound Acquisition 26-Jul-12 Advanta India Limited Inbound Acquisition 21-May-12 Bisco Bio Sciences Private Limit ed Inbound Acquisition 14-May-12 NaanDanJain Irrigation Limited Domestic Acquisition 24-Apr-12 Zero Waste Agro Organics Private Limited Domestic Acquisition 2-Apr-12 Super Agri Seeds Private Limited Private Equity Fund Raise 5-Mar-12 Gold'N ChicksLimited Inbound Acquisition 9-Dec-10 Metahellix Life Sciences Domestic Acquisition 7-Jan-08 Unicorn Seeds Limited Block Trade 22-Dec-07 Syngenta India Limited Inbound Acquisition 1-Jun-07 Golden Seeds Private Limited Deal Value INR (Cr) Stake % Implied EV/ Revenue Implied EV/ EBITDA Implied EV/ PAT Block Trade Mean Median 13 à © This is a licensed product of Ken Research and should not be copied M ACRO ANALYSIS OF SEED INDUSTRY M ARKET SHARE OF MAJOR PLAYERS IN THE INDIAN HYBRID S EED INDUSTRY, FYââ¬â¢2012 The Indian hybrid seed industry is dominated by Nuziveedu Seeds Private Limited.The company has a market share of ~ % in the overall Indian hybrid seed industry followed by Mahyco and Monsanto India limited which have a share of ~% an d ~% respectivelyâ⬠¦ For Monsanto India, corn hybrid seed was the single biggest focus in seed business. Through its Project Golden Rays project the company has signed a public-private partnership with Rajasthan state government for increasing the maize hybrid yields by two foldsâ⬠¦ Market Share of Major Players in Indian Hybrid Seed Market on the Basis of Contribution by Revenue in Percentage, FYââ¬â¢2012Nuziveedu Seeds Private limited Maharashtra Hybrid Corporation (Mahyco) Monsanto India Limited (MIL) Rasi Seeds Private Limited Bayer Crop Science limited ââ¬â India Pioneer Seeds Syngenta India Ltd. Others 14 à © This is a licensed product of Ken Research and should not be copied M AHARASHTRA HYBRID SEEDS COMPANY LIMITED M ANAGEMENT OUTLOOK AND FUTURE PROJECTIONS The company is planning to increase its focus on product portfolio of the company by increasing its expenditure on research and development.It is expected that the company will increase in research and dev elopment expenditure from INR 55. 0 crore to INR 100. 0 crore per year in the next four years. These expenditures will have a direct impact on the companyââ¬â¢s revenues by bringing new and innovative products. Additionally, these research and development expenditures will also improve the quality of current product portfolio of the company which will lead to more cost efficient production process for the company. Due to this revenue of the company is expected to cross INR 2,000. crore till FYââ¬â¢2017 as improvement in products of the company through research and development will generate positive cash flows in the future and will lead to amplification of companyââ¬â¢s revenues. It is expected that with the increase in revenues, operating margin of the company would also showcase an increasing trend. Additionally, Mahyco is planning to expand its operations in different nation specially neighbor countries of India by bringing new and innovative products so as to increase i ts penetration in the international seed market.M AHARASHTRA HYBRID SEEDS COMPANY LIMITED FUTURE P ROJECTION Maharashtra Hybrid Seeds Company Limited is expected to cover hybrid paddy seed market in different countries such as ~ and ~. In FYââ¬â¢2012 the company has already started its commercial production in these nations and expected to increase the commercial production of these products in future as well. This will increase the market penetration of the company in the international seed market and will amplify the companyââ¬â¢s revenues.Additionally, the company is expected to diverse its focus towards the production of hybrid rice seeds in the Indian seed market. As of now hybrid rice is contributing only ~% of the companyââ¬â¢s overall revenuesâ⬠¦ 15 à © This is a licensed product of Ken Research and should not be copied Maharashtra Hybrid Seeds Company Limited is planning to introduce genetically modified (GM) seeds in food items in ~ and ~. Introduction of the se GM seeds will increase the companyââ¬â¢s revenues from the international seed marketâ⬠¦ The company is expected to showcase a revenue growth at a CAGR of ~% from FYââ¬â¢2012FYââ¬â¢2017.Mahyco is focusing on the development of Bollgard-II roundup ready flex cotton (BGII RRF)â⬠¦ EBIT margin of the company is expected to be little under pressure as the company is expected to spend substantial amount in research and developments. EBIT of the company is expected to grow at a CAGR of ~% from FYââ¬â¢2012-FYââ¬â¢2017â⬠¦ Maharashtra Hybrid Seeds Company Limited Future Projections on the Basis of Revenues and EBIT in INR Crore and Percentage, FYââ¬â¢2013-FYââ¬â¢2017 2,500. 0 26. 0% 25. 0% 2,000. 0 1,500. 0 23. 0% 22. 0% 1,000. 0 in Percentage INR Crore 24. 0% 1. 0% 500. 0 20. 0% 0. 0 19. 0% FY'2013 FY'2014 Revenue FY'2015 FY'2016 FY'2017 EBIT Margin 16 à © This is a licensed product of Ken Research and should not be copied D ISCLAIMER The research reports provided by Ken Research are for the personal information of the authorized recipient and is not for public distribution and should not be reproduced or redistributed without prior permission. You are permitted to print or download extracts from this material for your personal use only. None of this material may be used for any commercial or public use.The information provided in the research documents is from publicly available data and other sources, which are reliable. Efforts are made to try and ensure accuracy of data. With respect to documents available, neither the company nor any of its employees makes any warranty, express or implied, including the warranties of merchantability and fitness for a particular purpose, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use will not infringe privately owned rights.The report also includes analysis and views expressed by our research team. The research reports are purely for information purposes. The opinions expressed are our current opinions as of the date appearing in the material and may be subject to change from time to time without notice. Investors should not solely rely on the information contained in the research documents and must make investment decisions based on their own investment objectives, risk profile and financial position.The recipients of this material should take their own professional advice before acting on this information. Ken Research will not accept returns of reports once dispatched due to the confidentiality of information provided in our reports. In case, a report qualify for return, we will issue a credit, minus shipping charges, of equal value to the original purchase price, toward a future purchaseââ¬â no refunds. The decision about whether the product return can be accepted or not is solely at our discretion.Any dispute will be subject to la ws of India and exclusive jurisdiction of Indian Courts. No part of this manual or any material appearing may be reproduced, stored in or transmitted on any other Web site without written permission of Ken Research and any payments of a specified fee. Requests to republish any material may be sent to us. 17 à © This is a licensed product of Ken Research and should not be copied
Saturday, September 28, 2019
Corrective and Preventive Action Assignment Example | Topics and Well Written Essays - 500 words
Corrective and Preventive Action - Assignment Example This discussion highlights thatà since correction demands for frequent follow-ups, experts find it tiresome to implement a correction plan. Hence, a prevention plan allows technologists to implement process and system analysis. Such a strategy helps technologists build in safeguards that would minimize the potential occurrence of nonconformity. For instance, experts can utilize a failure mode and effects analysis to figure out some risks and possible deficiencies. Again, prevention provides opportunities to set some priorities for system improvement and reduce costs. Defect prevention, characterized with earlier detection, makes it cheaper to rectify an identified defect.This study discusses that a corrective plan process helps to identify and document the real source of the nonconformity. Throughout the process, technologists can scan the whole system to ascertain no other identical nonconformity could occur. Although tedious, the correction process makes system designers to estab lish thorough follow-up that would limit the reoccurrence of any defect. The technologists may take precise steps as per the severity of the damage by downgrading the product, recalling the product, or notifying the prospective client.à Currently, there exist several prevention techniques used by specialists in technology management. For example, specialists can install an alarm to provide warnings whenever a process drifts into nonconformity. In this scenario, statistical process control (SPC) charts would act as precise alarms.
Friday, September 27, 2019
Understanding business operations Essay Example | Topics and Well Written Essays - 2000 words
Understanding business operations - Essay Example per will examine current models of business operations by considering how these organizations might theoretically gain a competitive advantage by drawing on the examples of two organizations. One of the presented models will be based on an organization which is volume intensive and second will be based on a business model which is margin intensive. There is little question that technology is evolving rapidly, and the impact that these technological advances have on our modern economy can be profound. In this regard, organizations who have made every attempt to be constant and consistent innovators in technological development and application in their business models have reached an unparalleled success. Technological advances in such areas as supply chain, inventory management, distribution, and business monitoring has significantly affected the bottom line of a number of different businesses. For the purpose of this essay the first business model that will be examined is that of Wal-Mart and how the implementation of technology in their business organization has affected the way that we as consumers may have shifted our buying procedures. The format for this discussion is to give a brief background on Wal-Mart followed by a discussion as to how their innovation has helped make this organization the company it is today. There is little question that Wal-Mart is a truly global company which according to Reuters (2010) has operations in over fourteen nations with both retail and online sales in their portfolio. Wal-Mart has a focus on regular household items however the company has recently diversified into membership format retail operations as well as diversifying their product offerings to include groceries. One could theoretically define their product offerings to be in the traditional household retail sector. When questioned as to how Wal-Martââ¬â¢s business model has affected the goods we buy and the choices available one must make an examination of
Thursday, September 26, 2019
Relationship between Travel & Tourism Essay Example | Topics and Well Written Essays - 3500 words
Relationship between Travel & Tourism - Essay Example Tourism is not a phenomenon. Only it has made new strides. People have been undertaking hazardous journeys for thousands of years either on pilgrimage or in quest of new lands and ideas. Tourism today is a movement which not only gears up several other industries but also creates new employment opportunities. Tourism comprises the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business, and other purposes. Apart from being a major foreign exchange earner, tourism helps in promoting human understanding and cultural exchange. The coming decades are a crucial time for the relationship between travel and tourism and sustainable development. The need to preserve the worlds inherent assets for future generations is becoming an imperative goal not only for travel and tourism but also for all other industries that use the earth natural resources. The scale of travel and tourism contribution to the global economy and its potential for enabling sustainable development are becoming more evident for governments, non-governmental organizations, and industry alike. The development of tourism has been characterized by continuing geographical spread and diversification of tourist destinations. Travel and tourism, if utilized effectively, can be a force for positive growth and economic success for both developed and developing countries. The travel and tourism industry simultaneously thrives upon this trend and is threatened by it. Tourism products and services that demonstrate ââ¬Ëgreater sensitivity to the environ ment, traditional culture and local people at the destinations can create such an experience, whereas tourism in a context of uncontrolled growth which puts increasing pressure on the natural, cultural and socioeconomic environment, risks diminishing the visitorââ¬â¢s experience. In short, increased market demand for experiences can contribute to social, economic and environmental sustainability only if the resulting pressures from growth are properly planned and managed.
Social Engineering and the Law Essay Example | Topics and Well Written Essays - 750 words
Social Engineering and the Law - Essay Example But for every good example there are likely to be bad ones. In Canada, the government used to take away Native children from their families and educate them in residential schools. The idea was to try to acculturate the children by teaching them better English and making it easier for them to be absorbed into the White population. Instead of working, this example of social engineering created a lot of unhappiness and misery. The government has since apologized for its policy which is widely seen as a failure. Part of the problem is that a law is a very broad thing and it is hard to account for individual differences when you plan to change peopleââ¬â¢s behavior. It is a bit like trying to perform surgery with a sledge hammer. Nevertheless politicians continue to push for social engineering because the idea is often popular at first blush. Currently one of Nancy Pelosi and Harry Reidââ¬â¢s big ideas is to introduce a Fairness Doctrine as law.1 This would make it legally necessary for radio stations to have an equal amount of political time for each side of the political spectrumââ¬âinstead of just putting on shows that people or the market want. If this law comes into effect it may make people more left-wing (as a lot of talk radio is now conservative). This might be a smart political move: socially engineering more Democratic voters would result in larger majorities in the House and Senate! Usually politics is at the heart of plans to change peopleââ¬â¢s behavior en masse. Although I do not generally like the idea of social engineering, as you may observe from my above statements, if I were told I could socially engineer anything I would think long and hard. One of the ways many politicians try to alter behavior is by changing the tax rates. If I could do anything I would implement a law creating a flat tax. The current tax system is called a ââ¬Å"progressiveâ⬠system. The more money that you make the more tax you must pay. On the face of it
Wednesday, September 25, 2019
The importance of the victims in the criminal justice process Essay
The importance of the victims in the criminal justice process - Essay Example The intention of this study is victimology as a term originating from a study of victims of crime. It is important to affirm that the victim of a crime remains at the center of the criminal justice process. To give support to this argument, this paper discuses the four major perspectives of victimology. In positivist perspective, the subject of a victim's contribution to a crime is explored. This perspective gives the view that in any criminal action, there have to be significant socio-cultural contributors that lead to a person becoming a victim of a crime. The underlying fact here is that there cannot be a crime without a victim of the same. In offering retribution through the justice system, it is, therefore, essential to analyze the impact of a victim's participation for the criminal justice system to be fair in their judgment. The critical theory of victimology, on the other hand, examines the responses of the different stakeholders in a criminal justice system. In this theoreti cal approach, the victim still plays a pivotal role. From the perspective of activist or humanists, their support is focused on providing a healing or the pursuit for justice or any form of retribution for the victims of different types of crime. The intention of the judicial system, the main intention is to serve justice to the victims of a crime. It is, therefore, effective to conclude that the victim of a crime remains pivotal to the criminal justice process.
Monday, September 23, 2019
What does the prophet Tiresias mean when he says to Oedipus This day Essay
What does the prophet Tiresias mean when he says to Oedipus This day will bring your birth and your destruction - Essay Example er, asked the prophet for clarification; and that is when Teiresias proclaimed: ââ¬Å"This day shall be thy birth-day, and thy graveâ⬠ââ¬â therefore, I presumed that the phrase referred to Oedipus discovery of who his real parents are. Of course, this seems pretty much obvious as we know how the tragedy ends, and even if we had not read it we all certainly heard about Oedipus complex that the psychoanalysts describe as the manââ¬â¢s (boyââ¬â¢s) desire to perform incest with his mother and to emiminate (i.e. ââ¬Å"killâ⬠) his father. However, although the ââ¬Å"graveâ⬠(or ââ¬Å"desctructionâ⬠) part of the prophecy is pretty clear, why is Teiresias speaking about the ââ¬Å"birthâ⬠, and which is more ââ¬â why is he putting the two notions together and linking them, how can they happen on the same day, and how are they interrelated? This is the issue I am going to speculate upon in this paper. First of all, I strongly believe that the words of Teiresias the prophet ââ¬Å"This day shall be thy birth-day, and thy graveâ⬠can, and should, be viewed in at least two different contexts: (1) the exact and direct meaning of these words with regard to the plot of Sophocleââ¬â¢s tragedy and (2) the meaning of this phrase in the context of Sophocleââ¬â¢s philosophy and his views on the issues of power of fortune and human choice. The direct meaning of the prophetââ¬â¢s words is more obvious. As we can further see from the tragedyââ¬â¢s plot, the same day when Oedipus got to know his real parentage brought his destruction: hence, the ââ¬Å"birthâ⬠and the ââ¬Å"graveâ⬠happened simultaneously. The concept of ââ¬Å"birthâ⬠, however, can also be regarded in its figurative meaning ââ¬â since by discovering the person guilty of Laiusââ¬â¢ death the King of Thebes was supposed to regain and strengthen his authority among the citizens. These last lines of the choir in Sophocleââ¬â¢s tragedy symbolize that Oedipusââ¬â¢ destiny is by no means unique, and that pretty much any human being can experience the same
Sunday, September 22, 2019
Lesson Plans Essay Example | Topics and Well Written Essays - 1500 words
Lesson Plans - Essay Example In the grade two lesion plan, there has to the overall time and the time spread out to give room for various activities involved in the teaching process. Nevertheless, the paper is aimed at deriving a lesson plan that will enable the students to achieve their learning objective in a physics class. 1 hour will be for interaction between the students and the lecturer on the subject (matter) giving examples of matter. This would equip the lecture with better perception of where the lecturer should start from in the next lesson. Students at this level will dwell more on the similarities and differences that tend to exist amongst the state of non- living matter. The comparison in this case will be in relation to their chemical and molecular structures. 1. To enable all students to actively participate in the class through question- answer engagement. Trying to ask them to present and answer some of the questions related to non- living matter or some related scientific concepts. The lesson will be based on liquid state of matter. However, after the definitive introduction, the lecturer should clarify on how the various characteristics of liquids depend on the molecular components. Students at this level will dwell more on the similarities and differences that tend to exist amongst the state of liquids. The comparison in this case will be in relation to their chemical and molecular structures. The lesson plan is based on non living matter. In physics students should be aware that non living matter is divided into three states namely liquid, solid and gaseous states. Considering the current state of the economy we realize that most of the industrial products, tools and equipments are derived from the study of physics for instance in the manufacturing sector (Patton, 2008, p. 129). In accordance with the lesson plan, the students are supposed to have not only the basic information on non living matter but also be able to
Saturday, September 21, 2019
Working as a fashion stylist Essay Example for Free
Working as a fashion stylist Essay I. Introduction The world of fashion is a very exciting, glamorous and challenging world. There is no doubt that everybody, the rich and famous as well as ordinary people with discriminating tastes, patronizes the fashion trends for nothing is much more satisfying than to indulge oneself in presenting beautifully to the public. In fact according to Sandra Burke, author of the book Fashion Artist: The Design Series ââ¬Å"Fashion has become a global phenomenonâ⬠. It is because fashion caters to ones craving for change and excitement in presenting oneself. Burke added that fashion reflect a personââ¬â¢s sexuality, morality and individuality (10). Fashion is advertised in television, newspapers and magazines. From there one can see models dressed glamorously or fashionably with all the matching accessories, make-up and hair do. But these models did not attain their glamorous or fashionable look by themselves. Models are dressed and adorned beautifully by a stylist. For it is the stylistââ¬â¢s job to make people look and feel beautiful. II. Discussion A. What is a stylist? When the word ââ¬Å"stylistsâ⬠is mentioned, common people automatically thinks that this is a person who cuts hair or do make-up and works in a beauty saloon. Little did common people know that to work as a stylist is to engage in a job that provides opportunity for working with the rich and glamorous of the world. If a stylist is lucky, he/she gets to work with the celebrities, high-profile politicians, businessmen and royal families (Sullivan and Simon 1). Far from being an ordinary beautician in a saloon, a professional stylist is anâ⬠expert who uses art and science to make people and objects look good in order to make a statementâ⬠(ââ¬Å"Breaking Intoâ⬠2007). In other words, a stylist is more than just someone who is trying to make a simple ordinary woman looks like a glamorous babe in a haphazard manner. To transform someone to a fashionable person or somebody of discriminating tastes, a stylist employs an extraordinary talent to create a distinct style for a particular individual. Stylists are not just ordinary people who are knowledgeable in fashion although it may be one of the requirements. What is important is that a stylist should have an eye for style and is not ignorant of the latest trends in the fashion industry. A degree in fashion may be an advantage for any stylist, but there are some who learned about the trade by experience. For those who want to learn about styling there are many schools that offered varied courses about the subject (Marie-Claire 2007). For a stylist to be successful he must possess certain qualities. First, he must love to shop to get acquainted with various fashion styles. Shopping is very essential for it enables the stylist to get to look for materials available in the market which will give him additional inputs on styling techniques. Aside from that a stylist must have an eye for detail, meaning that he just do not look at things like any ordinary people do but should scrutinized details of how are things are made or is made up of. He should notice how colors and shades are combined and where and how accessories are placed. If he is a fashion stylist he must be able to know what certain styles fit certain body types, and how they should be put on and what color, shades or color combination is suitable for certain skin tones. In other words, he just do not pick things up or conceived styles without much thought and consideration otherwise his client would look like a clown or would be a laughingstock to the public. Another characteristic of a stylist is his ability to present traditional things in unusual and trendy ways. Other words, he must love to experiment things and see which combination, style, materials would bring out the best in the physical appearance of his client (Fibre2fashion 1). A stylist should always remember, however, that having all this traits would not guarantee that he would become successful. Like in any other profession, stylist should exhibit exceptional interpersonal skill. He must be able to communicate clearly, politely and tactfully with a number of people for in his chosen field of work he will have to interact with various individuals whose work is connected with the fashion industry (Marie-Claire 2007). In other words, a stylist must be able to maintain and initiate good personal relationships B. What are the works of a stylist? The work of a stylist varies and with such specific tasks they are also known in certain job titles as hair stylist, makeup stylist, celebrity stylist, costume stylist, fashion stylist( Fibre2fashion 1-2). As stated earlier, a stylist creates a distinct style for a particular individual. His clients include celebrities, royal families, businessmen, models and other ordinary individuals who desired to present a distinct image of themselves (Fibre2fashion 1). To achieve a certain look a stylist, especially a fashion stylists, should be able to rightfully combined wardrobe, accessories and hair for his clientââ¬â¢s style (makeup is included specifically for women). In choosing a dress to wear it is very critical that a fashion stylist should be able to know certain body types. According to Kendall Far author of The Pocket Stylist: Behind-the-Scenes Expertise from a Fashion Pro on Creating Your Own Look a stylist must know about silhouette (the outlined shape or contour of a personââ¬â¢s body and what will flatter it best), proportion (individual pieces of an outfit in relation to one another), fabric as well as other information needed in fashion wear( 1-4). More often than not, stylist are called trendsetters for they are the ones who first dictate to the public whatââ¬â¢s in, whatââ¬â¢ new and whatââ¬â¢s right for the occasion. For example, he may require a certain to celebrity to wear a fancy accessory in an important event that would surely catch the eye of the onlookers and then eventually the onlookers will wear the same type of accessories themselves. Or they can give certain styles a hip look to traditional garment that sets the trend in the fashion industry (Fibre2fashion 1).
Friday, September 20, 2019
The Language Of Ethics And Preventing Ethical Problems Philosophy Essay
The Language Of Ethics And Preventing Ethical Problems Philosophy Essay What is ethics, and what does it mean to put business and ethics together? What would it mean for a company to do this well? Ethics is a foundation of principles of moral conduct that is based on the philosophies of those involved in a life situation. Therefore, the melding of business and ethics is following these moral guidelines in a business life situation. This can be a slippery slope, as there needs to be an agreement between the moral behavior and the mission of the business, which at times seem to be at odds. It is important to recognize that ethics has a mission it is attempting to accomplish. That mission is not to create the perfect business world but to limit the harm on all stakeholders in their business life situations. What the discipline of business ethics can and must do is to provide an approach for improving the lives of the stakeholders who, with business, live in an imperfect, and sometimes harmful, world. (D. Robin, 2010). So the answer to doing business ethics well requires understanding the possibilities of the harms that could occur for the stakeholders. In order to do that it is vital to understand the stakeholders and their needs through a stakeholder analysis. This is a helpful way for managers to identify the relevant purposes and consequences in a given case (Freeman, Martin, Werhane Wicks, 2010). In determining what ethical or moral code of conduct will be employed to eliminate or minimize a harm it is a waste of time to establish a code that does not resolve an issue that for any of the stakeholders. If this arbitrary moral code that has no positive or negative effect on any stakeholders is employed it is meaningless. However, if an issue is identified that applies to one or more stakeholders a meaningful moral code can be establish that is useful to all. So an organization that starts first by understanding their stakeholders through a stakeholder analysis and what their needs are will be able to employ meaningful and useful et hics that will allow them limit the harm and do business ethics well. What are the three traditions of ethics, and how do they provide guidance to help inform your managerial decision-making? The three traditions of ethics according to Business Ethics: A Managerial Approach (Freeman, Martin, Werhane Wicks, 2010) are; Actions or means people use to achieve their goals; Agent or persons who are acting in the situation; and Ends or goals that are outcomes of actions. At first glance some comparisons between the traditions would seem to suggest that they are opposites. However, they are really a view of situations from different angles or approaches. They each provide a value in their own right. An actions based approach focuses on the standards that we are using in the decision making process. Is the decision maker following the rules of decency in coming to his moral decision? In an actions based approach it is believed that the means is paramount in the ethical decision that is being made. An actions based approach may be the most useful when stakeholders are going to see the entire process and expect things to be done in a certain way. An Agents based approach does not d eal with how its done nor does it deal with what the the outcome is. Instead it centers on what the decision says about the person making the decision. Does this decision prop up his or her character or does it undermine it? This approach would likely be used when the decision creates a lasting impression that will cause a long term affect of the decision maker or the organization. Finally, an Ends based approach does not look back. It does not concern itself with how it was done or what the decision says about the individual or organization. Instead it looks to the end and assesses the result. Did it yield the positive result that was desired? Focusing on the Ends would be desired when there is little to no harm in how things are done or what the process means but instead what the bottom line becomes. Each of these traditions has its place and its value in providing the guidance to conclude what ethical decision is needed. Before this class discussion in module 1, what was your sense of why organizational ethics like Enron, Arthur Anderson, and Worldcom, happen? I dont like to cast full judgment on people or an organization without completely understanding the entire story. However, I did have a very dim view based on the details of which I was aware. My perspective was that a very large company was taking advantage of the federal government. To mount more trouble on top of it, in the case of Enron, Arthur Anderson who should have held them to a higher standard as an auditor allowed the corruption to continue. The irony of all of this is of course the largest more corrupt offender of all, the federal government, was holding both of these organizations to a standard that they themselves cannot follow in terms of accountability, which is evidenced based on their balance sheet. I certainly did not have an understanding that the 3 traditions of ethics could be applied in this situation. It would seem at some very cloudy level they were applying the Ends tradition. I say this is cloudy in that it brought with it the baggage of corruption to get t o the ends that should have almost obscured the view of it. I would suggest that it would have been more prudent for them to employ the Action, Agent or a combination of these traditions of ethics as it would have likely caused a different outcome. The long term result of this is much more than the harm these organizations caused themselves and their stakeholders. The constraints that often come from harmful situations such as saddling all companies with Sarbanes-Oxley will unnecessarily felt by the business community for years to come. Which factors seem to be most important in diagnosing why bad things happen? What role does the individual, and individual conscience, play in making sure good things happen organizations? To determine within an organization what is the cause of bad ethical decisions it is important to understand the morality and conscience of individuals within the organization and what is driving the decisions that they are making. This includes not only the leadership of an organization but all members from the top down. It can be valuable to look at not only the moral development of the individual but what forces that affect decision making are in play (Freeman, Martin, Werhane Wicks, 2010). First moral development, which is postulated by Kohlberg to be progressive, should be looked at and considered. While not all theorists agree with this approach it can be used as a good model for understanding causation of ethical problems. What is the tendency of individuals in terms of moral development? Is there a tendency to make ethical decisions based on the earlier stages of fear or are they at a point of maturity in this process? Knowing where individuals are in this spectrum can help us understand if it is part of the problem (Forsyth, Donelson R, 1992). Also, if the leadership of the organization is at the early point of the moral spectrum they are going to feed this type of decision making down through the rest of the organization. Understanding not only the individuals moral development but also the leaderships moral development all the way through the organization will help in the diagnosis of the problems. Second, we need to look at the forces in play for decision making. In considering each of the forces discussed in the text it can be assumed that it can be applied at the individual level if we want to understand the problems and want to see good decisions within the organization. Attempting to apply these forces at an organizational level becomes abstract and makes it very difficult to see or directly affect individuals. For example, to see how authority is properly communicated in an organization it is necessary to look at specific examples of this. That is, how a particular individual in authority communicates to other individuals in the organization is important in the making of good ethical decisions. Likewise, how an individual responds to that authority will play into it as well. This can be done with each of the other forces, Distance from Responsibility, Tunnel Vision, Rationalization, External Pressure and Communication Breakdowns. Applying individual notions to each of the se will help in both the diagnosis and resolving to better decision making. Therefore the consideration of the individual conscience both in the diagnosis and the resolution of good decisions is a key element. Read the case, Marge Norman and Miniscribe Corporation, pages 58 67 of your textbook. Provide a summary of this case including the ethical dilemmas and how they were handled in this case. Draw on what you learned in chapters 1 2 as part of your response. The case of Marge Norman and Miniscribe Corporation is a good example of some of the central forces that affect the decision making process, chief of which is the authority force (Freeman, Martin, Werhane Wicks, 2010). In addition, the findings and results suggest the rationalization played a major role in the decisions that were made within the company that caused the downfall of the corporation. Chronologically, the case begins with a company in a difficult position financially. Initially it appeared as if things were moving in a good direction with new leadership, Q. T. Wiles, being very decisive and with a solid influx of investors. One of the dilemmas that initially showed it head was in the area of communication breakdown, as all information was required to be communicated from the very top. In doing this it can be completely controlled as to what is being communicated. This created a fertile ground to allow the story to become whatever the leader wanted it to be. This also ti es into the central force of authority, which played a major role. With Q.T. Wiles being a strong personality with his 13 disciplines it would appear that the company was being lead in the right direction with strong accountability. From the outside this might give the appearance of a solid ethical foundation ensuring those doing the work are being held accountable. As the case continues and we see in the end that cooking of the books had occurred, this suggests that the authority force did indeed play a major role. In addition, the case states that there were many employees involved in the cover up. To have a large number involved it would require an authority figure guiding them and providing rationalizations in the process. There was also the external pressure force placed on the leadership by the accountability structure to come up with the correct numbers, which has the possibility of causing bad decision making. For the scandal to be this successful it had to cause dilemmas fo r all areas of the company. The accountants had to decide if the numbers forced to them should be used. The sales department always watches the numbers closely and would have had to wonder about the inflated numbers. Even the shipping department, who day to day knew what would be going into the boxes, must have faced a moral dilemma. As lies or deceptions occur within a company there is a need for consistency in the store and an escalation tends to occur (Kidwell Martin, 2005). As deceptive dilemmas began to mount with each bad decision more bad decisions were made until it was impossible to conceal as indicated by MiniScribes 13 successful quarters. Looking back had any of the employees overcome the central forces and employed even one of the rationalization tests earlier in the process, the scandal could have been less severe. Far too late, Marge Norman applied the publicity test in a small way by communicating her findings to her supervisor. Had this been done earlier the story would have been different. Had the leadership put themselves in the place of the stockholders, using the reversibility test, it would have brought to the surface the lack of ethics in the decisions. And certainly, using the generalizability test and comparing the situation even to ones personal finances it would be clear that this situation would eventually be found out. The mounting power of the authority force and rationalization along with a failure to apply any of the rationalization tests to the situation proved to be the down fall of MiniScribe. Sadly, this affected not only the company itself but many others in the process.
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