Growing Up, Staying Young Essay -- Personal Narrative Papers

Ifrs Impairment of Assets

Intangibles and Impairment of Assets Learn | Consult | Research Intangibles †¢ Identifiable non-fiscal resource without physical substance †¢ IAS 38 endorses extraordinary models for an advantage for be perceived as impalpable resource †¢ Tangible or elusive must meet the rules of advantage for be perceived †Controlled by element because of past occasion †Probable future monetary inflow (income or cost sparing) Recognition †¢ Must meet the meaning of benefit †¢ Must meet rules set by IAS 38 †Cost of advantage dependably estimated †Probable financial inflow Recognized at cost!! Acknowledgment †Internally produced The standard expresses that consumption on inside created brands, mastheads, distributing titles, client records and things comparative in substance are not perceived as immaterial resources (since they can't be recognized from the expense of building up the business all in all). †¢ Similarly, fire up, preparing, publiciz ing, special, migration and rearrangement costs are completely perceived as costs. Bought Intangibles †¢ If estimation of an elusive can not be esteemed dependably, while buying an organization, incorporate the incentive as a piece of generosity A unique note on altruism †¢ Inherent altruism Vs Purchased generosity How is it extraordinary? †Balancing figure †Cant be sold as a different resource Research and Development †¢ Research †Initial examination done to gain new logical information or comprehension †¢ Development †Application of research discoveries to structure another item or improve a current arrangement of item before creation R&D treatment †¢ Write-off Research costs †¢ Development costs †Capitalize if following conditions met †Technical plausibility †Intention and capacity to make, use or sell †Economic attainability †showcase for the item/value †Expenditures owing to advancement dependab ly estimated Starting acknowledgment Eg. improvement use The PIRATE measures †Recognition Subsequent acknowledgment †¢ Cost model or Revaluation model Revaluation Model †¢ If the revaluation model is followed, the revaluation must be reasonable incentive at date of revaluation by reference to a functioning business sector. †A functioning business sector is where the entirety of the accompanying conditions exist: †¢ The things exchanged are homogenous, †¢ Willing purchasers and dealers can typically be found whenever †¢ Prices are accessible to the general population. Amortization and debilitation †¢ If helpful life is fixed amortize Straight line with zero lingering esteem †Start amortization once resource is prepared to utilize †¢ If helpful life isn't fixed, test for hindrance †Atleast yearly (IAS 36) Impairment of Assets †¢ The focal point of IAS 36 †¢ Impairment happens when the conveying esteem (NBV) surpasses the recoverable s um The Recoverable Amount †¢ The expense or spending on a benefit can be recuperated in two different ways 1. By selling it 2. By utilizing it †¢ So the recoverable sum is either the worth we get from selling a benefit (the reasonable worth) or the worth we get by utilizing the advantage (esteem being used) Recoverable Amount The FV less expense to sell †¢ FV is controlled by; An official consent to sell †Current market costs (if dynamic market exists) †¢ Less any selling costs Value being used †¢ Estimate the future incomes (inflows and outpourings) coming about because of the utilization of the advantage and available to last its †¢ Apply appropriate rebate rate to accompany a PV of future incomes. †¢ Financing cost and assessments excluded Impairment Review †¢ Calculate the conveying esteem †¢ Calculate the recoverable sum as higher of: †Fair Value less expense to sell †Value being used (PV of future incomes) †¢ If CV>RV, at that point report impedance in any case leave it as it is Reporting a debilitation Impairment misfortunes must be remembered I. e. the advantage recorded to its recoverable sum †¢ Impairment misfortunes are commonly charged to I/S †¢ If resource has been revalued, charge to revaluation hold until depleted, than to I/S. Page 246 Page 246 Indicators of impedance †¢ External sources †Significant decrease in advertise estimation of the advantage †Significant changes with an antagonistic impact on the element in the innovative, showcase, monetary or legitimate condition in which the element works †Increased market financing costs or other market paces of return influencing rebate rates and in this way diminishing an incentive being used Markers of weakness †¢ Internal sources †Evidence of out of date quality or physical harm. †Significant changes with an unfriendly impact on the substance including: †¢ the benefit turning out to be inactive †¢ plans to stop or rebuild an activity to which the advantage has a place †¢ Plans with discard it sooner than anticipated †¢ reevaluating the helpful existence of a benefit as limited as opposed to uncertain †Internal proof accessible that benefit execution will be more awful than anticipated.

Rates and Statistics for Suicide in the United States

Rates and Statistics for Suicide in the United States Depression Suicide Print Rates and Statistics for Suicide in the United States By Leonard Holmes Updated on December 12, 2019 Depression Overview Types Symptoms Causes & Risk Factors Diagnosis Treatment Coping ADA & Your Rights Depression in Kids Aliyev Alexei Sergeevich / Getty Images In This Article Table of Contents Expand The Suicide Rate Statistic Breakdowns How the US Compares Depression and Suicide Warning Signs What to Do View All Information presented in this article may be triggering to some people. If you are having suicidal thoughts, contact the National Suicide Prevention Lifeline at 1-800-273-8255 for support and assistance from a trained counselor. If you or a loved one are in immediate danger, call 911 immediately. Suicides in the United States have been on the rise, up 33% from 1999 through 2017, and the pace of the increase has been rising since 2006.?? In 2016, suicide ranked as the 10th leading cause of death among Americans. It is the second leading cause of death for those under the age of 35.?? The annual suicide rate in the U.S. is over 14 deaths per 100,000 population.?? Nearly 47,000 people died from suicide in 2017. According to the CDC, one person dies from suicide every 11 minutes. The Suicide Rate The suicide rate is the number of completed suicides per 100,000 people.  Attempted suicide is not counted in the suicide rate. In addition to completed suicides, the CDC reports that in 2017 10.6 million adults in the United States seriously thought about suicide, 3.2 million people made a plan, and 1.4 million attempted suicide.?? The Centers for Disease Control and Prevention gather data from hospitals on cases of self-harm and suicide each year.?? However, some consider the numbers to be low because the stigma still surrounding suicide can result in underreporting. Suicide Rate Statistic Breakdowns When the suicide rate is broken down by demographics, important information can be observed. For example:?? The suicide rate is four times higher for males than females. In the United States, male deaths make up almost 80% of all suicide deaths.Suicide is attempted three times as often by females; women are also more likely to have suicidal thoughts.Firearms are the most common cause of death for males.Poisoning is the most common cause of death for females.Lesbian, gay, and bisexual kids are three times more likely to attempt suicide than heterosexual kids.41% of trans adults attempt suicide.The suicide rate is 1.8 times higher in rural areas than in urban areas.??  The suicide rate is highest among middle-aged white males. A 2015 study in the Proceedings of the Natural Sciences found that the suicide rate among white, middle-aged American men has increased dramatically in recent years.??Among Native Americans and Alaska Natives, suicide is the eighth leading cause of death across all ages. For the age group 15 to 34 of Native Americans and Alaska Natives, suicide jumps to the second lead ing cause of death. Suicide statistics by age group have been consistent for several years. Broken down by age group across all racial and ethnic groups, suicide as a leading cause of death ranked as follows: Age Group Suicide Leading Cause of Death 10-14 Third 15-34 Second 35-44 Fourth 45-54 Fifth 55-64 Eighth 65 and older 17th Suicide is expensiveâ€"costly not only in the emotional toll it takes  but also for its real financial impact. The estimated loss is over $58  billion in medical costs and lost work.?? Differences in Suicide Among Men and Women How the United States Compares The World Health Organization reports that nearly 800,000 people die worldwide each year from suicide, which is about one person every 40 seconds.?? Globally, it is the second leading cause of death for those between the ages of 15 and 24. A 2019 report published in The BMJ found that the global suicide rate has dropped by almost a third since 1990.?? The study found that while the actual number of suicides increased during this time, the suicide rate dropped from 16.6 deaths per 100,000 in 1990 to 11.2 deaths per 100,000 in 2016. These global declines in suicide deaths are largely attributed to drops in the suicide rates in China and India. Other countries including the United States, Zimbabwe, Jamaica, and Belize all experienced significant increases in suicides over the same time period.?? Depression and Suicide Depression and suicide are linked, with an estimate that up to 60% of people who commit suicide have major depression.?? But its important to note that this figure doesnt mean most people with depression will attempt suicide. Research suggests that the majority of suicides are related to a psychiatric condition, including depression, substance use disorders, and psychosis.?? Estimates suggest that the suicide risk for mental disorders including depression, alcoholism, and schizophrenia is around 5% to 8%. However, while many people who commit suicide had symptoms of a mental condition, it is important to note that most people with symptoms of mental disorders do not commit suicide. Depression and Risk of Suicide Depression and Suicide Warning Signs There are warning signs you can watch for in those who may be at risk of attempting suicide.?? Though there is no single type of person who may commit suicide and the symptoms below are not exhaustive, these are the most common signs observed among people who may be contemplating taking their own life. A change in personality, especially behaviors in social situationsWithdrawal from interaction or communication with othersMood changes that are drastic, such as being very low mood one day to being in a very high mood the nextTriggers such as life crisis or trauma in a person who is already living with depressionThreats of suicide, or expressed negative wishes regarding life, such as wishing theyd never been bornGiving away cherished belongings to friends and loved onesDeep depression observed that affects their ability to function socially or in the workplaceAggressive or risky behaviors, such as high-speed driving Suicide Warning Signs and Risk Factors What to Do If you or someone you know is depressed, there are effective treatments available. Talking to your doctor is a good first step. Your primary care provider can offer support, treatment, and referrals to a mental health professional for other treatment options, which may include antidepressants and psychotherapy.If you need help finding a therapist, the Anxiety and Depression Association of America offers an online search tool to help find professionals in your area.Visit the National Alliance on Mental Illness to learn more about support groups that you might find helpful. Tips for Coping With Depression and Suicidal Thoughts

What Drives Capital Flow In Business Finance Essay - Free Essay Example

Sample details Pages: 7 Words: 2032 Downloads: 7 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? This capital inflow is also very helpful when it comes to rectifying the savings and investment gap for the capital-scarce economies like that of India. The capital is a very crucial part of the economy as it brings in the modern technology which enhance the development in the financial sectors through the capital inflow . Capital inflow is also crucial for the Capital flows that can bring in an increase in the growth and productivity of those countries which can get enough skilled workers along with a good infrastructure .Capital flows can bring in the governments support to follow the macroeconomic policies . Don’t waste time! Our writers will create an original "What Drives Capital Flow In Business Finance Essay" essay for you Create order Capital inflow is also crucial for the Capital flows in two major ways: -Portfolio equity investment: This is one parameter where the buying company shares, which have been taken form the stock markets, will be taken without a good control. Portfolio debt investment, is primarily dealing with the covers bonds and long-term borrowing that come form banks and multilateral institutions, such as the World Bank. Here the Capital inflow , takes into consideration the forging long-term ties with firms among the foreign countries. 1.1 Aim of the research: The basic aim of this research is the MA and related parameters understanding which has been done by the study of concepts and factors effecting of MA in the countries like the Indian economy. This has been done in the best possible way so as to relate the concept of MA to employment, inflation, GDP etc and see its effect on the Indian industry for the same. 1.2 Research objective The researcher is trying to work on the aspect of MA and related factor of the economy like employment, inflation, GDP etc in India. The main objectives of the research are given below: Study of the Indian economy and its growth at present FDI growth in India and that of other economies of the world Study of the parameters like employment ,inflation, GDP etc which effect the MA Role of government in the growth of MA The advantages and disadvantages of MA increase in a country like India Effect of MA in the economies of countries like India 1.3 Hypothesis: The major two hypothesis that we are assessing here are that : Deep Financial markets in the acquisition countries are positively associated with cross border Mergers Acquisitions. The difference among the Developed to Developed and Developed to Developing MA flows. 3. LITERATURE REVIEW How to get capital inflow:   When we take into consideration a well-developed and also the extensively surveyed empirical research of Caves 1996; Markusen 1995 which explains the reason of the multinational corporations which are brought up in the overseas in contrast to the export directly or other forms of collaborations like the license of their product or technology. Thus it has been seen as the most persuasive way of explaining given by Holger Gà ¶rg and David Greenaway who stress on the coexistence of proprietary knowledge and also the role of market failures for protecting that knowledge. Here it is understood that the firm internalizes some of its transactions for the protection of the brand, technology, and also that of its marketing advantages(Wang, Jian-Ye, and Magnus Blomstrà ¶m. 1992) . Here the main motives are based on the existence of a type of firm-specific asset, which could be some kind of technological advantage, which could also entail the innovative management along with the organizational processes and also the new production methods and technologies. Here the most important point then is the choice of a particular location, and its advantages as it is to the local economy by these firms in the same industry. Here the most important point then is the potential transmission channels which will play host economy and have similar characteristics which bring in benefits from spillovers . (Wang, Jian-Ye, and Magnus Blomstrà ¶m. 1992). FDI in china and India: Foreign direct investment in India could would be possible in many a ways. One way could be the parent companies bringing in the equity capital which can be done by purchasing shares of the foreign companies. Another way could be reinvesting the affiliates earnings. Yet another might be the short- or long-term lending which might happen among the parents company and the affiliates(David Besanko, David Dranove, Mark T. Shanley 1996).. Thus when one has to name a company as a multinational e nterprise to be in the category of FOREIGN DIRECT INVESTMENT data, the parent company will have to have a minimum equity stake in the company of about the range of 10 percent in the affiliate. (Levine, R., N. Loayza, and T. Beck. 2000) When we talk of making the foreign affiliates this would include the new production facilities which can also be addressed as Greenfield investments which entail the acquiring and control in the present entities by cross-border mergers or acquisitions(David Besanko, David Dranove, Mark T. Shanley 1996).. Recent years have seen a marked shift toward international mergers and acquisitions. One of them that is that of HP and Compaq have also been covered in the case study in the research. Thus in the case of the developing nations, the equity investments take place as per the percentage of gross national income seen in the present and past years.. Here one more parameter that is Debt flows, of the countries like India have increased since 2002 from zero as seen in the first two years. Also FOREIGN DIRECT INVESTMENT with respect to the GDP has increased so as to becomes the largest source of capital which comes form the developed nations to developing ones like Indian . (Levine, R., N. Loayza, and T. Beck. 2000) Diagram 1 Shown in the chart 1 above is the growing FDI of India since the past 10 years. In the year 1990 to 2005, many a developing economies like that of India and like countries saw a vast FOREIGN DIRECT INVESTMENT inflows which increased form about 18 % to 36%.. Also with this the geographical composition in the structuring of the FOREIGN DIRECT INVESTMENT took a turnover in the past 40 yrs.. Here it can be noticed that Latin Americas share in the FOREIGN DIRECT INVESTMENT fell with a huge margin of 52 percent as it was in the 1970s to 33 percent in 1990s.If we talk of the continent of Asia, its share of inflows increased from 25 % to 60 % in that same time period. (Levine, R., N. Loayza, and T. Beck. 200 0) Privilege given to countries like China and India in terms of FOREIGN DIRECT INVESTMENT shows that there is a shift on the higher side of the source of development finance. Thus the capital inflows make an effect on the economy of the receiving countries and their economic performance which will entail their trade, savings, stability, investment along with their growth. FDI in developing Nations: Korea is another country which has shown tremendous progress in its FDI. In the Republic of Korea the FDI got raised from $5.2 billion in 1998 to $10.2 billion in 2000. This country that is Republic of Korea has done well in the field of FDI where it is ahead of many developing in the ASEAN arena.It but could not leave behind in progress countries like Hong Kong (China) and China. According to FDI figures the Korean economy, has made a good performance.. It but still is lagging behind form Malaysia, Thailand, China, Hong Kong (China), and Singapore .Most of the FDI is due to the currency devaluation which brought in a good business environment.( World Investment Report 2002) Viet Nam also is improving in foreign direct investment (FDI) with a figure of 5.8 billion USD in 2005.this is the highest in last eight years. Here the huge four billion USD is a result of the 771 recently licensed FDI projects .In 2005 Viet Nams foreign investors saw a whooping , revenue of , 20 billion US D . 4.   METHEDOLOGY  Here the methodology of the research is based on the gravity model as is relation to the factors of   GDP, Employment, Inflation (WPI), Industrial Production and Market Capitalization of stocks and FDI as major factors of capital inflow. 3.1Research Design Here this approach of the research design which will be based on the aim the FDI research will be crucial for the study. This will help the researcher to clearly define the aim of the research and then base the research design, on that basis as and when required. . Here I have taken up the research on a particular topic which is the MA and its effects on the Indian economy capital inflow which has been in many ways been important and needs the best and suitable methods for its analysis and progression. 3.2 Research Purpose Here one factor is very important. This parameter is the Time Horizon which is critical for the researcher for the knowledge of the right type of research which has to be done in a fixed time limit . . When we list the research ,it could be of primarily two types which pertain to the factor of time horizon studies .These are the cross-sectional and longitudinal studies. When we take the Cross-sectional it entails a situation of time ,at the same time the longitudinal study looks at the series of events in a long period of time. Survey: The strategy of survey has been resorted to study the different industries in India where capital inflow is coming from the MA. 3.3 Case Study: It has been seen and critically analyzed that case study of India and its economy was a vital part to be studied here. Robson (2002) explains the case study as a strategy for doing research which involves an empirical investigation of a particular contemporary phenomenon within its real life context using multiple sources of evidence. 3.4 Data collection : Here the relevance of and the importance of the factors like the primary and secondary data also becomes important form the different sources: 1. Primary Data : It has been seen and critically analyzed that the primary data was collected form the employees of various industries which have been giving crucial information for the further quantitative analysis of the factors of   GDP, Employment, Inflation (WPI), Industrial Production and Market Capitalization of stocks and FDI as major factors of capital inflow. 2. Secondary research: The secondary data has been taken form many a sources like journals internet and books. 3.5 Validity and Reliability: Validity is defined as the degree to which the researcher has measured what he has set out to measure. Here when we talk of the quantitative data one also has to see to it that its is the valid data. The regression analysis had to take factors which were relevant to the aim of the research for making this research a research with validity of the information . Here the relevance of and the importance of the factors like the reliability and validity of the research has been taken into account carefully. (Yin. R.K (2003) 3.6 Limitation of the research There is no major problems as such except for the fact that some of the Macro economic factors like employment etc. did not cover the whole period of study i.e. from 1990-91 to 2008 09. 6. CONCLUSION  When we talk of the distance between or the gap of the globe in terms of the rich and poor countries this would basically entail to the financial along with the physical assets that bring in the countrys wealth.. Many a countries with developed economies have a larger amount of the capital as compared to countries like India ,Pakistan etc. This is also because countries like Japan and Korea are economics which have more advanced technologies. Thus when we have to judge a country on the parameter of economic advancement the counties which are under developed are the ones who have to get more capital and thus enhance themselves technologically. Many a emerging economies which have tried to enhance the capital formation have been unsuccessful. This is also because the globalization, is today very much reliant on the foreign capital. When we talk of the capital flows of the developing economies it has increased from a whooping $104 billion to a huge $472 billion in 2005.The idea of enhancement through foreign capital is great as this is one way to get the enormous benefits for the developing nations like India.

Arbitrage in the Government Bond Market Case study Coursework

Essays on Arbitrage in the Government Bond Market Case study Coursework Full of 18 March Case Study: Arbitrage in the Government Bond Market Part A. Creation of Synthetic BondsThe cash flows of the callable bond which is valued at $4.2 billion in shown in Table 1 in the Appendix. The information in the table indicates that after the initial investment of $4.2 billion, interest payments of 4.125 which equates to $173.25 million is payable semi-annually. The net cash flow which is the interest over the five year period equates to a total of $1,732.5 million. The present value of these amounts is shown in the last row which indicates the present value cash flow (PVFCF). In order to capitalize on the mispricing in the bond market Ms Thompson discussed two options. One option involves creating a synthetic bond with the $4.2 million callable bond. This bond would pay the same interest as the May’00-05’callable bond. The amount of 12% May05’ bonds required to match the coupon payments of the callable bond are as follows: X Ãâ€" 12% Ãâ€" 100 = 8.25% Ãâ€" 100 X Ãâ€" 12 = 8.25 Dividing both sides by 12 yields: X = 8.25/12 Therefore, X= 0.6875 The fraction of 12% May 05’ treasury bonds required is 0.6875. Therefore, the fraction of treasury STRIP required to pay the principal amount at maturity is 0.3125 (1 – 0.6875). The ask price and bid price of the May 05’ synthetic bond is therefore calculated as follows: Ask price = 0.6875 Ãâ€" 129.901 + 0.3125 Ãâ€" 30.312 = 98.78 Bid price = 0.6875 Ãâ€" 129.7188 + 0.3125 Ãâ€" 29.91 = 98.53 The alternative option would involve the 8.875% May 00’. A similar calculation as that used in the previous option. The following calculations provides information on the fraction of 8.875% May 00’ noncallable treasury bonds and May 00’ Treasury STRIPS required to match the 8.25% May 05’ interest payments and principal payment at maturity. X Ãâ€" 8.875% Ãâ€" 100 = 8.25% Ãâ€" 100 X Ãâ€" 8.785 = 8.25 Dividing both sides by 8.875 yields: X = 8.25/8.875 Therefore, X= 0.9296 The fraction of 8.875% May 00’ treasury bonds required is 0.9296. Therefore, the fraction of treasury STRIP required to pay the principal amount at maturity is 0.0704 (1 – 0.9296). The ask price and bid price of the May 00’ synthetic bond is therefore calculated as follows: Ask price = 0.9296 Ãâ€" 104.5 + 0.0704 Ãâ€" 46.656 = 100.43 Bid price = 0.9296 Ãâ€" 104.375 + 0.0704 Ãâ€" 46.25 = 100.28 Part 2 – Case for Mispriced Callable Bonds The May ’00 – ’05 callable Treasury bond is overpriced. The information in Table 2 in the Appendix indicates this. Investors can sell the May ’00 – ’05 callable Treasury bond at the bid price of $101.125 and buy the cheaper priced synthetic bond at the bid ask price of 98.78. The profit on the transaction would be worth 2.2345 per share or $98.49 million. If the both the callable and the synthetic bond had the same price the investor should prefer to buy the synthetic bond. The reason is that when the interest rate on a callable bond falls the government is likely to call the bond since they will be able to refinance it at a lower rate of interest. The May ’05 bond should therefore be worth more because it is a noncallable Treasury bond and therefore provides the government with an option. The May ’00 synthetic bond is also worth more than the May’00 – ’05 callable bond because when the level of interest rate rise the government will not call the callable bond since it is at a lower rate. Part 3 – The Case of a Bond Trader Who Does Not Currently Own the Callable Bond Part 4 – Varying Scenarios Part 5 Fall in the Price of Callable Bond by 150bps in One Year If the price of the callable bond falls by 150 basis points below that of the synthetic bond with corresponding maturity then the (asked) yield-to-maturity of the synthetic bond which was constructed using the May ’05 non callable bond and the May ’05 STRIP would be as follows: Yield–to-Maturity (YTM) is the rate of return on the bond if it is held until it matures. It is found using the equation for value of the bond Vb, in which rd is the return. Vb = 98.78 = (8.875/2)/(1+ rd/2)1 + (8.875/2)/(1+ rd/2)2 + (8.875/2)/(1+ rd/2)3+ (8.875/2)/(1+ rd/2)4 + (8.875/2)/(1+ rd/2)5 + (8.875/2)/(1+ rd/2)6 + (8.875/2)/(1+ rd/2)7+(8.875/2)/(1+ rd/2)8 + (8.875/2)/(1+ rd/2)9 + (8.875/2)/(1+ rd/2)10 YTM = rd= 4.595% YTM (ask) synthetic May’05 is 4.595% The YTM (bid) on the synthetic May ’05 bond is Vb = 98.53 = (8.875/2)/(1+ rd/2)1 + (8.875/2)/(1+ rd/2)2 + (8.875/2)/(1+ rd/2)3+ (8.875/2)/(1+ rd/2)4 + (8.875/2)/(1+ rd/2)5 + (8.875/2)/(1+ rd/2)6 + (8.875/2)/(1+ rd/2)7+(8.875/2)/(1+ rd/2)8 + (8.875/2)/(1+ rd/2)9 + (8.875/2)/(1+ rd/2)10 YTM = rd = 4.627% If the callable bond one year from now is 150bps below that of the synthetic bond with corresponding maturity the expected asked price of the synthetic bond and the bid price of the callable bond one year from now is as follows: Asked price of synthetic bond one year from now: Vb = 98.78 = (8.875/2)/(1+ rd/2)1 + (8.875/2)/(1+ rd/2)2 YTM = rd= 5.097% Bid price of the callable bond one year from now using the bond valuation formula is: Vb = 99.61 = (8.25/2)/(1+ rd/2)1 + (8.25/2)/(1+ rd/2)2 YTM = rd= 4.338% A higher the rate means that the returns are better. Even as the price of the callable bond falls below par value the yield is less than that of the synthetic May ’05 synthetic bond because it is still overpriced. Use of $10 million Loan Assuming no securities are owned and $10 million is borrowed on the repo market to perform the transaction in order to exploit the arbitrage opportunity and assuming other securities can be posted as collateral. Since I own no securities then I would borrow some and collateralize it using the $10 million loan. I would then sell the security in a short sale. I would therefore have to pay the interest of 4.125 semi-annually until I am ready to return the bond. When that time comes I would enter the market and purchase the bond if it is not overpriced or I would enter into a similar borrowing arrangement with another bond holder. Buy-and-Hold Strategy If I use a buy-and-hold strategy for one year, my arbitrage profit would be calculated as follows: Repurchase Arrangements Description    $mn Interest Repo Market Loan 10 (527000) Borrow 8.25 May 00 - 05 10 (825000) Sell short 8.25 May 00 -05 Callable bond 10.04 828300 Net Profit/loss       (523700) Figure 1 Much of the information in Figure 1 would result in a profit if I had investments of my own. The difference between long-term borrowing and short sales indicate that borrowing bonds and selling them short has major benefits but the cost of the funds used to so may outweigh the benefits which is the case in Figure 1, the result been a loss of $523,700. Attribution Analysis Most of the profit under section (a) can be attributed to directional value trading as it is assumed that the callable bonds are overvalued when compared with the synthetic bonds. This mispricing is expected to be corrected in the future. Works cited Edleson, M.E and Tufano, P. Arbitrage in the Government Bond Market? Boston: Harvard Business School. 1995. Print. Appendix Cash Flow Table for 8.25% May 00- 05 Callable bond Date/ Period 0 1 2 3 4 5 6 7 8 9 10 Net Cash Flow Cash flow (4200) 173.25 173.25 173.25 173.25 173.25 173.25 173.25 173.25 173.25 4373.25 1732.5 PV 1 1.0413 1.0842 1.1289 1.17549 1.22398 1.2745 1.327 1.3818 1.4388 1.49813    PVFCF (4200) 166 160 153 147 142 136 131 125 120 2919 0 Table 1 Calculation Showing that Callable May 00 - 05 Bonds are Mispriced Description    Millions Price Value ($mn) Callable Bonds    42 101.125 4247.25 Synthetic Bonds:             May 05 TB    42 98.78 4148.76                Profit       2.345 98.49 Table 2

The Times of the New Year Free Essays

My best friend was a drug addict and i had to help her into rehab. She did not want to go to rehab so we told her we were taking her to disneyland. She was so excited that she drove right home and packed her bags. We will write a custom essay sample on The Times of the New Year or any similar topic only for you Order Now Every country has their own holiday system. Different countries have different holidays. There are also some common holidays that people celebrate around the world, such as Christmas and New Year. Different countries have their own definition of the New Year. was said that long long time ago, there lived a horrible beast named† Nian† In the mountain. Every year, on the first day of the year, which Is the first new moon of the year, the beast would awaken and descend upon the village. The Vietnamese lunar New Year festival, Tet Nguyen Dan, Is the most significant holiday taking place within the first three days of the New Year. The nearer New Year comes the more excited and enthusiastic people are. In general, preparation for Tet starts one week before New Year’s Day. The New Year’s cake New Year’s cake Is a pastry made of the flour of glutinous rice nd used primarily in the lunar New Year period. 1 . Introduction (300 words) The New Year cake Is a special Year goods In Spring Festival. Those Rice cake were made by glutinous rice. A Turbulent Year for Israel 1996 has been a very turbulent year for Israel. This Iles In the assassination of Yitzhak Rabin on November 4, 1995. How to cite The Times of the New Year, Essays

Marketing and Guinness Essay Example

Marketing and Guinness Essay Marketing Strategy for Guinness Introduction Guinness is a renowned stout (beer) company in Ireland, and throughout the world. It is particularly famous for its unique taste and its quality. The beer is an icon for Ireland, with is epic advertisements and classic colour of black and white. Arthur Guinness established the stout in 1759, at St. James’ Gate in Dublin. The company has survived years of competition through its creative advertising and high quality product. Mission Statement The Guinness brand is part of the large Diageo group, its mission statement quotes that they wish ‘To become one of the world’s most trusted and respected companies’. We feel that this is been achieved with the Guinness brand as it is much respected worldwide. They are always striving to grow, and be known for their outstanding stout. Guinness has succeeded in growing into the world’s number one stout brewer. In 2000 its overseas sales overtook Irish and British sales, for the first time and these numbers have continued to grow ever since. Situational Analysis Company Analysis Goals Diageo as a company are constantly striving to reach new goals, to improve the Guinness brand and quality of the product. In recent times the global economic environment has taken a downturn, which has meant that the company has had to do their best to stay competitive and hold their place in the global market. In recent years the sales of the iconic Irish drink have been falling on a domestic level so Diageo decided that it would have to look further a field to developing markets for new sales. We will write a custom essay sample on Marketing and Guinness specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Marketing and Guinness specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Marketing and Guinness specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Diageo got in touch with the famous advertisers Saatchi Saatchi and started about entering the African market and creating what the advertising company call a â€Å"love mark†, described as a brand that enjoys loyalty beyond reason from consumers. One of the company’s aims is to gain a foothold in this market to increase sales, and profits, and develop their worldwide recognition of the brand. Focus Diageos main focus for Guinness has and will be to maintain a product of up most quality, with a loyal customer following. They focus on advertising to promote the stout. Culture Even though the stout is synonymous with Ireland, the drink is accepted worldwide. Guinness sells the stout to 150 countries across the world, with its top markets in Ireland, Great Britain, United States, Nigeria and Cameroon. Guinness is famous for its Irish provenance and epic colour; it is the most famous black stout and is brewed in over 50 countries. Guinness sell a numerous range of stouts, with Guinness Draught and Guinness Foreign Extra Stout been the most popular worldwide. Guinness takes into account the culture of different countries, and understands that different tastes appeal to different regions of the world. Guinness Draught is predominantly sold in Europe, Japan, Australia and North America. This Guinness is available as Guinness Original, Extra cold, Extra smooth, and their most recent – Guinness Red. Guinness Foreign Extra stout is most popular in Caribbean, Africa and Asia, due to its slightly stronger taste. Guinness are ingenious with their advertising strategies, this is evident through the celebration of Arthur Guinness day, it was the 250th global celebration last year, however due to the massive success of the day, it is now a yearly occasion. The day was celebrated in over 150 countries throughout the world. S. W. O. T. Analysis Strengths Guinness is a worldwide renowned brand, under the Diageo PLC. Guinness’ strengths lie in the uniqueness of the brand and its cleverly created advertising campaigns, such as the â€Å"good things come to those who wait† campaign or â€Å"its alive inside†. Diageo understand their markets and the wants of the their target consumers. One of Guinness’ key strengths lies their near monopoly in the stout market, they are the only brand to sell a stout globally. Guinness is a remarkably strong brand that is recognized globally. This means that consumer recognition of the product is instant, when a consumer sees the epic white and black, they automatically think of Guinness. The â€Å"Harp of Brian Boru† is synonymous with Ireland and Guinness itself. Weaknesses One of the main weaknesses for Guinness is the fact that stout has such a unique taste which younger consumers find too strong, this means that they are unable to reach a vast number of consumers. Another problem which Guinness face is the â€Å"old man† image. If Guinness wants to reach a younger spectrum of the market they must shift this portrayal of the drink. The majority of Guinness consumers fall under the plus 35 age bracket, with the most loyal drinkers been 40 plus. Opportunities There are numerous opportunities, which Guinness can act upon, from expanding the global brand to reaching new markets. Guinness have altered the stout for different markets around the globe, to suit the respective markets needs, however, we feel that there is huge scope to try target consumers under 35. By doing so they would have a broader range of consumers in the market. Guinness would need to make a slightly lighter tasting stout to appeal to the younger drinkers, whose taste buds are less developed. The option to ad a new product â€Å"Guinness Light†, to reach this younger end of the market would boost sales in an economically difficult time. Guinness light would not only have a lighter taste but also would have fewer calories, to appeal to the health conscious generation of today. Threats The main threats that the Guinness brand has to face today are economic. During the global recession the brand must strive to be stronger and uphold its quality. Consumers are spending less on goods, which they want, as apposed to what they need. People are less likely to go out to pubs with friends, to save money most consumers would choose to stay at home, however this is where Guinness sold in cans is a success. There is also the threat of competitors, seen as Guinness has endured years of success with the unique stout, other companies may see this as an opportunity to try gain some of this success. Consumer Analysis Statistics show that 80% of Guinness drinkers fall within the 30-60 age group. Guinness has always performed well among the older market segment. Generally stout drinkers have more mature taste buds and are accustomed to the strong taste of the beverage. Guinness is the quintessential Irish beer, and an acquired taste. The consumer value of the beverage is to enjoy it after a day of work, in the pub, with friends, or at least this is the typical consumer profile of a Guinness drinker. Competitor Analysis Currently Guinness is the key brand in the stout market, which means that competitors find it hard to position their brand. In Ireland Murphy’s would be Guinness’ biggest competitor, they are a less popular stout as it does not have the same quality taste as Guinness, however the drink is cheaper than Guinness which may be an advantage to them during the recession. A pint of Murphy’s costs between â‚ ¬4 and â‚ ¬5, where as a pint of Guinness ranges from â‚ ¬4 to â‚ ¬6. Murphy’s is a cheap stout, it appeals to the younger sector of the market as they are budget conscious, and they would not be looking for quality. It is not as well known or recognized as Guinness as its brand isn’t as well established. Besides stouts, companies selling beer would be huge competitors to Guinness, especially world-renowned brands such as Heineken. As they sell their drink roughly around the same price as Guinness, and target similar if not the same market, not only this but Heineken are also famous for there unique and epic advertisements. Cider represents a growing threat in the alcoholic market, it is a lighter drink compared to a stout. The younger end of the market prefers cider; these consumers’ tastes are less acquired compared to the older end. Bulmers has grown its share in the market over the last 10 years, from 2. % to 10% (http://www. bulmers. ie/marketing-case-study/default. asp). It is one of the most popular ciders in the Irish market. In today’s highly competitive market Guinness must strive to increase brand awareness, loyalty to the brand and reach a younger market if it wants to stay as widely recognized, popular and an iconic brand and stout in the Irish market and ar ound the world. Guinness’ competitive advantage over the other stouts, ciders and beers in the market is its unique taste, the fact that it is synonymous with Ireland. Climate Macro-Environmental Analysis Economic Environment Currently we are experiencing a global economic downturn, which makes it difficult for companies to survive. Guinness has a strong and well-established brand which will stand to them during these tough times. Consumers are less willing to spend money in restaurants and pubs, they are more likely to stay in or have friends over. Guinness needs to re-strategise in order to stay competitive, and keep their large foothold in the stout market. A larger emphasis on the stout been sold in cans may be needed in order to keep their sales up. Social and Cultural Environment Guinness as a brand tries to advertise to people of all different cultures, by doing this they can target a large consumer base, as it is a product that is consumed in the three groupings of global economic expansion. Seeing as two of the top five consumers of Guinness in the world are part of the peripheral zone, they have achieved in infiltrating these zones. Their aim is to reach out and capture a person’s attention and imagination with their advertising. By using advertising which identifies with particular cultures in which they are trying to infiltrate, they capture a wider consumer base. Guinness is a universal brand which is enjoyed by some 1. 8 billion consumers yearly. To achieve such staggering numbers, it is a reflection of how successful the brand is. By using different types of promotions and techniques to advertise, Guinness reach out to many types of people and different cultures throughout the world. For example in New Zealand and Australia Guinness hold competitions called Pint Master, in which you rate your pint and your bartender as to how well the pint was poured you then scratch a card and then reveal in you have won a Nintendo Wii. This type of promotion is popular as it encourages people to buy a pint of Guinness as they could possibly win a prize. It also generates word of mouth and gets people interested in the stout, reinforcing the idea of Guinness. In the United States, Guinness has created an App for I-phones and I-pads. This app shows consumers which pubs throughout America sell Guinness, it can find over 20,000 in the U. S. alone. Throughout Guinness’ different advertising campaigns they attempt to incorporate cultural values without isolating other cultures. Sport is both a social activity and part of culture, Guinness associate themselves with sports that are popular to respective countries around the world. In America they targeted the super bowel audience with the ingenious American football advertisement, they have also used this method of advertising for Hurling in Ireland and America targeting both Irish and the Irish Diaspora in America. In Africa Guinness sponsors several leagues and promote the stout through memorable advertisements, which romanticize the sport. Guinness is a multinational company, which positively uses globalisation to connect with cultures without imposing upon them. This has made Guinness a reputable company with a good ethical reputation. Collaborations Guinness is one of the biggest sponsors in Ireland. The company sponsors a wide range of events. The Guinness Cork Jazz Festival is famous all over the world. Guinness also sponsors the Rugby World Cup, Irish Rugby and the Galway Races. Guinness was the creator of the original music festival; a two-day music festival called Witness which features the biggest music acts in the world. It subsequently has changed sponsorship to Heineken. Sponsoring huge events like these is all part of the intricate advertising strategy; consumers will also associate the beverage with enjoying good times with friends. Guinness began sponsoring the All Ireland Hurling championship in 1995. It was the first ever sponsor of the event and the first five years of the sponsorship alone brought hurling to the attention of new audiences and greatly enhanced the image of the sport. Guinness is also the official beer of the Irish Rugby Football Union (IRFU), and sponsor of the Guinness series in rugby. The Guinness book of World Records is a book published annually, containing a collection of world records, both human achievements and the extremes of the natural world. It all began in Wexford, Ireland, in 1951 with Sir Hugh Beaver the managing director of the Guinness Brewery. The first edition of the book was published in 1955. It is now renowned throughout the world and although Guinness and indirectly Diageo owned the rights to the book, in 2001 Gullane Entertainment purchased it. The book, however still holds the Guinness name. The most recent venture of Guinness is its collaboration with Google Earth and iTunes for the new iPhone application. Using the GPS on the phone, the Guinness Pub Finder app allows you to find a nearby pub serving Guinness. The database is selective to the USA with a database of more than 20,000 bars across the country. This shows us how Guinness is evolving with new and improved methods to accessing it’s a younger and more technologically advanced generation. Positioning Positioning is part of any companies marketing strategy; their objective is to influence consumer’s perception of a brand or product. Guinness’ aim is to occupy a distinct and clear part of consumers’ minds. Guinness successfully positions their brand as one of â€Å"top quality† with a â€Å"unique taste† and one that is synonymous with Ireland. When a consumer thinks of Guinness they automatically, think black and white, and think of Ireland. Its through the brands innovative advertising that the stout has been positioned clearly in the minds of consumers today, which is a hard task to achieve in such a competitive and ever expanding market. Their campaign â€Å"good things come to those who wait†, creates the idea that the 119. seconds it takes to pour the stout, is worth the wait for a drink that is uniquely brewed, with quality taste every time. Marketing Mix Product Guinness is a dark stout made of roasted, malted barley, hops, yeast and water. Its distinct ‘black’ appearance beer is not actually black but rather dark ruby red because of the way the ingredients are prepared. The white head is creamy due to bubbles of nitrogen and carbon dioxide gas as the beer is poured. This is what makes the product so unique, it is important that it is poured and served in a particular way. The two-part pour method means the perfect pint can be prepared in 119. 5 seconds precisely. The complete Guinness product line includes: †¢Guinness Draught; creamy pint, available in keg, bottle and can (typically sold in Europe, the US, Canada and Australia) †¢Guinness Draught Extra Cold available in keg. Other than being served a few degrees cooler, it is the same as Guinness Draught. †¢Guinness Foreign Extra Stout stronger in taste and more bitter than Guinness Draught (it is especially popular in Asia, Africa and the Caribbean They are all brewed with the classic and unique Guinness techniques. However, it uses local ingredients so, in Nigeria for example, Guinness is made using sorghum, which grows better than barley. A stronger Guinness called Foreign Extra Stout is also brewed in Africa and other places. Price Guinness prices are competitive relative to other stouts and beers within the market. Government measures in Ireland control the cost of alcohol in the country, with retailers passing the savings on to consumers. Since 1976, there hasnt been a very big variation in the number of pints that the manufacturing worker could buy with a gross wage. Place Guinness is primarily a product that can only be drunk in bars. Many Irish drinkers associate ‘the black stuff’ with the common pint. Now readily available in cans and bottles, it is more widespread towards off licenses and supermarkets. Over the past years, Guinness has been performing relatively well in foreign markets. In the United States, sales are picking up. Australia and Africa are also giving the brand a good reception. Promotion Guinness’ advertisements and promotional strategy relies on rich Irish heritage. The Irish perception of Guinness however, finds that most people think of Guinness as the most advertised brand and not a rich, Irish brand. The adverts are famous throughout the world; they are universal and appeal to all, far and wide. Guinness has produced amazingly creative and imaginative television adverts and slogans. It is the reason the brand is so famous and well known today. New Strategy and Repositioning of the product Selected Marketing Strategy (Guinness Lite) In order to reach a greater market, Guinness needs to re-position itself as the beer of choice for younger potential consumers. The idea is to tweak the current product to make it more appealing to younger drinkers with a less accustomed pallet. Guinness Lite could be a part of the new product line, this would mean a lighter stout and a lower alcoholic strength. In order to capture a younger generation, one that is attracted primarily to lagers and beers the company should look for ways of engineering their product to suit that market preference. In order to maintain the older market, the company should still retain its older Guinness brand. In other words, there will be two offerings; the classic Guinness brand and the new one. Since the company will be introducing a different brand, they need to change their packaging. Diageo should re-package the new Guinness Lite in a can. The can should have different colours from the old Guinness so that young people can see that they are buying a different product from their parents, while still maintaining the harp and classic Guinness logo, to keep the overall look and feel of the iconic brand. The third and last aspect about Guinness’ positioning will be its Irish heritage. The beer will be tailored for the Young Irish population. In order to attract the younger consumer, Guinness Lite’s pricing should be tailored to suit that category. Since most youth are not yet as financially stable as their older counterparts, it will be necessary to place the product’s price at a consumer-friendly level. They should maintain their prices at that level in order to stay competitive. The most important element of the new marketing strategy, which will also form part of the promotional strategy, is appealing to the younger audience. We know that over 80% of Guinness drinkers fall within the 30-60 age group. A mere 15% of Guinness consumers lie between the 20-29 age bracket. This may be because many youngsters are looking for something that will differentiate them from their parents. Guinness in the eye of younger drinkers is generally considered as a drink that is predominantly popular with older generations. Advertising on a personal level, towards a younger customer base its important. New ad campaigns with young actors and a fresh image will bode well for the new product. Guinness Lite should be a common product in supermarkets and other retail outlets. Taking a shift from the pub going market segment, as we need to make the product easily available to the home drinker. As it has been stated earlier, drinking habits in Ireland have changed and it would therefore be necessary for the company to consider retail chains and supermarkets as their primary distribution channels. In the past Guinness focused on pubs and bars, as their major retail distribution channel but this need not be the case for Guinness Lite. In order to revitalise the Guinness brand, the company should re-position themselves as the brand of choice for young consumers. This needs to capture their needs and preferences. They need to change the product content and its packaging. Pricing, distribution and promotion need to capture this element. However, since the focus is in Ireland, then the company’s promotional strategy should reflect its rich Irish heritage. These two issues are the core concepts that can get Guinness back on track. Conclusion As a whole Guinness is an iconic reputable company, with global recognition. It has endured massive profits over the last decade. It is constantly striving to reach new markets and new potential consumers; Diageo has achieved this through innovative advertising and creative promotional campaigns. We believe the brand will continue to expand and grow. Guinness as a brand and product shows no sing of slowing down in the future. It will continue to be a pioneering brand for years to come.

Create a Best Visual Essay in 2018 [BEST PRACTICE]

Create a Best Visual Essay in 2018 [BEST PRACTICE] What Does Creating a Visual Essay Imply? To begin with, a visual assay appears to stand out of the crowd. Actually, it is a totally different assignment from a classic essay. The point is that while covering this written task, you shouldn’t write anything at all except for some short informative statements! In fact, this academic assignment requires to express your thoughts on this or that topic using: pictures images visuals Moreover, to present your point of view on the required topic you may combine all above-mentioned means with some short informative statements related to the theme. Some Fresh Ideas on Handling Visual Assignments Clearly, the most difficult and challenging step while fulfilling this task is finding really suitable and gripping visuals, pictures and images to use. Obviously, it presumes using creative approach and skills. In other words, ability to generate fresh ideas seems to be a determinant factor on your road to success. In search of inspiration and great ideas we recommend you analyze the ready-made visual assignments composed by other students. Besides, you are welcome to upload free essay templates at our site. Visual Essay Tools You May Use Of course, introducing your ideas to the audience is one of the crucial points of getting a positive grade for this task. To make a presentation of your visual paper more eye-catching, pleasant and what is more important, – efficient, you may use the following helpful tools: Adobe Flash PowerPoint Microsoft Word Photoshop Windows Movie Maker Imovie We expect these tools to be fruitful for you. Make the most out of them and you’ll be impressed by results. Wholesome Recommendations on Composing a Visual Essay Are there any clear effective hints, which can help you to create your visual paper with ease? Of course, there are! And you shouldn’t seek for them, because they are posted below: Surf the web and use camera to collect the data for your essay. Incorporate thought provoking visuals, images and pictures in your paper. To make your presentation more griping feel free to use graphs, various charts and bars. All the data you want to use should be up-to-date and relevant. Don’t forget about numerous visuals aids while defending your paper. Show your paper to your relatives of friends before submitting it. They may give you favorable advice as well. Competent Help with Visual Essays Still feel a little bit frustrated because of these visual assignments? Don’t fall into despair! There is always a way out from any tough situation! Visual papers are not an exception. If you don’t feel like creating papers on your own, feel comfortable to receive competent help from expert writers online. Order proficient assistance from WritingBee.com and we will pick the finest certified author for you.

French Expressions Using Mettre

French Expressions Using Mettre The French verb mettre literally means to put and is also used in many idiomatic expressions. Learn how to take great care in doing something, spend money on, bolt the door, and more with this list of expressions with mettre. Common Expressions Using Mettre mettre 5 heures faireto take 5 hours to do something mettre jourto update mettre lessaito put to the test mettre beaucoup de soin faireto take great care in doing something mettre de lardeur faire quelque choseto do something eagerly mettre de largent dansto put money into mettre de largent pourto pay for mettre de largent surto spend money on mettre de leau dans son vinto tone it down mettre en colà ¨reto make angry mettre en reliefto bring out, enhance, accentuate mettre la radioto turn on the radio mettre la tableto set the table mettre le rà ©veilto set the alarm mettre le verrouto bolt the door mettre les bouts (familiar)Get lost! mettre les informationsto turn on the news mettre les pieds dans le platsimilar to mess up; put ones foot in ones mouth mettre les voiles (familiar)Get lost! mettre quelque chose platto lay something down flat mettre quelque chose deboutto stand something up mettre (quelque chose) de cà ´tà ©to put (something) aside mettre quelque chose droitto set something straight mettre quelquun (parmi les grands)  to rank or rate someone (among the greats) mettre quelquun au pasto bring someone in line mettre quelquun dans lobligation/la nà ©cessità © de faireto compel someone to do something mettre sa langue dans sa poche (informal)to be quiet, stay silent mettre son grain de sel (informal)to stick ones nose in, to butt in Il y a mis le temps  !Hes taken his sweet time doing it! Jy mets la dernià ¨re mainIm putting the finishing touches on Mettons que...Lets say/Suppose that... On ma mis au pied du mur.I was cornered. Quest-ce quils nous ont mis  !They beat the heck out of us! Va te faire mettre  ! (slang)Get lost! Meanings and Usage ofSe Mettre The pronominal French verb  se  mettre  has several possible meanings and is also used in many idiomatic expressions. Learn how to come clean, team up, gather round, and more expressions with  se  mettre. to becometo get (obtain)to goto put onto put  oneself ne  pas  savoir  oà ¹Ã‚  se  mettreto not know what to do with oneself se  mettre  au  franà §ais, la  guitareto start learning French, to play the guitar se  mettre     infinitiveto start doing something se  mettre  Ã‚  poil  (informal)to strip off, strip down to ones birthday suit se  mettre  Ã‚  quelquunto team up with someone se  mettre  au  rà ©gimeto go on a diet se  mettre   tableto sit down to eat, to come clean se  mettre  autour  deto gather round se  mettre  au  travailto start working se  mettre  au  vertto lie low se  mettre  avecto team up with, side with se  mettre  dans  une  colà ¨re  noireto fly into a terrible rage se  mettre  dans  une  situation dà ©licateto get oneself into an awkward situation se  mettre  en colà ¨reto get angry se  mettre  sur  son  trente  et unto get dressed to the nines se mettre sur un rangto form a line/queue se  mettre  une  idà ©e  dans  la tà ªteto get an idea into ones head sen  mettre  partoutto get covered in it, to get something all over oneself sy  mettreto get down to, to get on with sy  mettre  Ã‚   nounto go on, take up sy  mettre   infinitiveto start doing Meanings and Usage ofLa Mise Mise  is  the feminine of  mis, the past participle of  mettre.  La mise  has numerous meanings and is also used in many idiomatic expressions. Learn how to say involvement, make-up, leg-pulling and more with this list of expressions with  mise. putting, settingclothing, attire(betting) stake, ante(business) outlay la mise exà ©cutionimplementation, enforcement la mise feufiring, setting off, blast-off la mise jouract  of updating, updated la mise   leaulaunch la mise mortkill la mise pied  (employment)dismissal la mise   prixreserve/upset price la mise  au  mondebirth la mise  au  pointtuning, focusing, clarification la mise  basbirth (of an animal) la mise de fondscapital outlay la mise en abà ®memise en abyme,  image  within its own image la mise en accusationindictment la mise en bià ¨replacement into a coffin la mise en boà ®tecanning; (informal) ridiculing, leg-pulling la mise en  bouteillebottling la mise en causecalling into question, pointing a finger at la mise en conditionconditioning la mise en conservecanning la mise en demeureformal demand or notice la mise en examenplacing under investigation la mise en forme(sports) warming/limbering up; (typography) imposition la mise en gagepawning la mise en  jambeswarm-up exercises la mise en  jeuinvolvement, bringing into play la mise en  marchestarting up (a machine or apparatus) la mise en Å“uvreimplementation la mise en  ondes  (radio)production la mise en page  (typography)make-up la mise en placeset up, stocking,  imposition la mise en  plishair setting la mise en pratiqueputting into practice la mise en reliefenhancement, accentuation la mise en routestarting up, setting off/out la mise en sacspacking la mise en scà ¨ne  (theater, film)production la mise en service - La mise en service de  lautobus  sera...putting or starting into service - The bus will be put into service on... la mise en valeurdevelopment, improvement la mise en  vigueurenforcement la mise  sur  piedsetting up à ªtre de mise(fig) to be acceptable, appropriate; (archaic) to be in circulation, legal currency remporter  la miseto carry the day, win big sauver  la miseto withdraw from a game of stakes; (fig) to save the day

Foreign Direct Investment (FDI) Essay Example | Topics and Well Written Essays - 2500 words

Foreign Direct Investment (FDI) - Essay Example Foreign direct investment has increasingly been a business trend of multinational corporations within the global economy.Foreign Direct Investment is defined by Ho and Yiu Lau as the investment of a company in a foreign country which aims at acquiring a long-term economic interest in business enterprises within the host country. FDI can also be defined as an investment of a company in a foreign country by building a factory within the host country. It is through a company’s direct investment in machinery, building and equipment in another country that foreign direct investment is made possible. With the emergence of globalization and the global economy, FDI has played a leading role in the development of global business enterprises. Kennedy (2001, p. 585) say that the definition of foreign direct investment has been broadened with the increased change in the patterns of global investment by companies. As a result, FDI includes acquisition of managerial interests in companies a nd enterprises in foreign countries. The managerial interest may not involve investment in buildings or equipment but managerial decisions are determined by executives who are foreign to the host country. The rapid growth of companies which is attributed to the internationalization and use of technology has expanded FDI to incorporate the growth patterns of world economies as demonstrated by Constant and Yaoxing (2010, p. 99) Foreign direct investment is a reaction to the increased liberalization of business activities, changes and advancements in information and communication technology and capital market changes. Jermakowicz and Bellas (1997, p. 33) explain that through the liberalization of national and regional business regulatory frameworks and governance, foreign direct investment has been achieved. Globalization has enabled foreign direct investment to be achieved by international companies and corporations. It is however argued that information and communication technology h as played the most significant role in the achievement of foreign direct investment. Technology has allowed companies to invest in foreign countries due to the ease of management that is made possible through the adoption and implementation of information systems. In return, foreign direct investment has enabled the process of internationalizing businesses and companies hence promoting the growth of the global economy as said by Fahim-Nader and Zeile (1995, p. 57). Foreign direct investment can take several forms. According to Driffield and Munday (2000, p. 21), there are many forms of foreign direct investment and these include joint ventures, construction of facilities, acquisitions, mergers, strategic alliance, licensing and input of technology. Joint ventures as a form of foreign direct investment includes a company engaging in a business endeavor with another company within a foreign country. The business activities of the joint venture are usually carried out within the host c ountry. Joint ventures within foreign direct investment include two companies from two different countries coming together with an intention of undertaking a business in a specific industry for achievement of common goals. Belderbos, Jie-A-Joen and Sleuwaegen, (2002, p. 155) assert that in foreign direct investment, companies may construct facilities such as factories, hospitals, institutions or infrastructure in a foreign country. This form of foreign investment thus involves direct and active input of capital for construction of these facilities. The investor company that ventures in the foreign direct investment through building structures usually takes the ownership of these structures even though they provide economic benefits to the host country. Lowe (2006, p. 34) explains that acquisitions as a form of foreign direct investment includes a company acquiring the assets of another company within the foreign country. The acquisition of a foreign company makes the investing compa ny the

American history - essay - about The Black Cat Example | Topics and Well Written Essays - 500 words

American history - - about The Black Cat - Essay Example My interaction with the narrator as his pet was awesome at first. The fact that I was following him step by step means that we were compatible in various aspects. It felt good when I was being favored through exclusion from harassment while others in the house were being mistreated (Poe and Andrewasine 79). Being singled out when others were being mistreated always gave me a reason to stick to the narrator. It also strengthened the instincts between us. I felt special by being singled out among the pets that he had and even introduced me to his wife as his favorite pet of all. Our relationship, however, was mysterious and also supernatural in nature an element that was also evident in the gothic genre. The emotions of the narrator, however, ruined the friendship that was in existence and our sound interaction changed drastically to become sour. The person I was always comfortable when we were together became the person I was to run from. The drunkenness changed the narrator I knew to someone close to a murderer (Poe and Andrewasine 76). It was unbelievable to see him attacking me and even plucking one of my eyes irrespective of our cordial relationship that had been in existence. This interaction taught enlightened me that people changes and there have been something sinister with the narrator. It is weird for a close ally to become a monster within a very short time frame. The monstrous aspect resembles the gothic set up aspect and element. With such mistreatments, it was evident that the best way of living with the narrator is avoiding him. However, this interaction created dilemma in my life on the best mode of living that would assure me of survival. This is because after he perceived that I was avoiding him he plucked one of my eyes (Bloomfield 249). On the other hand, it is very insecure to stay close to such a person. However, it was unbelievable seeing the narrator holding me in a manner that

Lord Of The Flies: Chapter 9-12 Notes :: essays research papers

1. After Simon is killed, the next paragraph begins, "The clouds open and let the rain down like a waterfall†¦" When the boys kill Simon they not only kill him and spirituality, but what they perceive to be the beast. Because the beast was created by them and embodied all of their evils, one of its interpretations can be as mankind's sin. Simon is very similar to Jesus in this book. The Roman's ruled the world during Jesus' life, and now a similar bloodthirsty society rules the island during Simon's life. Both are killed by such a society, and both sacrifice themselves so that mankind's sin can be forgiven. When Simon dies, the rain washes away not only spirituality, but also the beast and all of the sins that accompany it. Golding writes that the water bounded from the mountaintop. Because the mountain top represented the peak of society, this could be interpreted to state that all of society carries sin, even the glorious moments of it, and that Simon's sacrifice was extended to the boys' entire stay on the island and the sin that was committed during that period of time. This is also similar to Jesus' sacrifice that was for all of mankind's sins, not just the sins of the Roman society that killed him. After Simon has been killed, the figures stagger away. By referring to the boys as figures, they are no longer individuals, but the nameless men who are the vehicle that society uses to carry out its evil deeds. It is no longer of relevance who did what because it was the entire society that killed Simon. This can be related to other societies, such as Nazi Germany. Today Hitler is credited with most of the responsibility for World War II. We do not like to blame German society for it because that would mean that we are also capable of this if we had to endure the circumstances of 1940's Germany. We cannot blame the German race for these problems, as they are a characteristic of humanity. We fought World War II against the forces of racism, but we ourselves treated the Japanese very poorly while all of this was going on. Although we too went through the depression, we did not have the conditions of the Treaty of Versailles against us. When any society has such horrible circumstances, they tend to look for a scapegoat, such as a race of people.

Evolution of Human Resource to Human Capital: A Strategic Shift

As per the Darwin’s theory of evolution, everything has to evolve in order to sustain its identity. Corporate and its environment are changing every day as per the needs and behaviour of the customer. New strategies and concepts are evolving and the old concepts are either getting modified or are getting redundant if not practised. Knowledge of attracting, selecting, deploying and developing talent and strategies has given a competitive advantage to the companies.In line of this Human Resource, that was considered as a supporting coordinate in strategy formulation, now has taken a front lead in capital generation and hence regarded as the Human Capital. Peter Drucker famously defined a knowledge economy as one in which the human brain provides the primary means of production. He then noted the obvious corollary: that an organization’s most valuable resource is lodged in the heads of its employees and goes home with them at night. [Reference4].This is how firms have star ted involving employee participation at all levels for decision making and management forecasts (be it in any field, i. . Operations, finance, Marketing, Human Resource department etc. ) and not only a pre-selected group of individuals. Concepts like brainstorming of ideas have also evolved with the concept of human capital. In this article, let us first define human resource and human capital briefly. Human Resource was regarded as the set of individuals that forms the employee strength of any organization and its planning was typically considered as the process of anticipating and providing for the movement of people into, within and out of the organization.Previously firms were giving much importance to system implementation than human resource development as technology was much simpler. But with the advancement of technology and shortage of skilled manpower, firm has started giving respect to their employees and have initiated different measures to enhance their skills. This has generated the concept of Human Capital. Human capital narrowed the concept of human resource in terms of expertise and knowledge beneficial for the company. Human Capital describes the economic value of employees’ knowledge, skills and capabilities.This concept has highlighted the fact that success increasingly depends on an organization aptitude to manage talent and stressed upon the idea of â€Å"Compete through people†. In line of strategic planning that involves a set of procedures for making decision about the firm’s long term goals and strategies, human capital has taken the front seat. In the older model with the advancement of system technology, corporates started considering system before human resource. Their main goal was to make human resource as predictable as physical assets.But in last 40 years this concept has gradually changed and now the concepts like Toyota Production system pioneered the model that human resource come much before systems and that any individual on the production line had the capability often regarded as the ownership to point out problems and stop the line when proper standard operating procedures (SOP) is not being followed or some error has occurred. This has also extrapolated the idea that it is the human resource that drives and maintains the system and is not the other way round.It has also advanced the human resource processes to be continuous and not episodic as considered previously. Human capital is clearly different from the tangible monetary capital due to the distinguishing characteristic of human capital to grow cumulatively over a long span of time. Due to the shocks experienced in the business cycles it is difficult to maintain the linearity in growth of tangible monetary capital. During the period of prosperity, monetary capital grows at relatively higher magnitude while during the period of recession and depression; there is a dip in generation of monetary capital. Reference3].Contrary to this, human capital has uniformly rising rate of growth over a long period of time because the foundation of this human capital is laid down by the skills both technical as well as educational and health inputs. [Reference3]. The current generation is qualitatively developed by the effective inputs of education and health that will also benefit the future generation by its advance research and development. Thus the future generation gets refined day by day in terms of skills, production capacity etc. generating more human capital with superior quality.Firms have started banking upon their skill inventories for their business differentiation. Skill inventories list each employee’s education, past work experience, vocational interest, specific abilities and skills, compensation history and job tenure. IT hubs in Hyderabad, Bangalore etc. have banked upon their skill inventories and this has signified the rapid growth of Indian economy. Companies such as Mackenzie etc. has o ver a period of time emphasised and given inputs to develop a pool of human capital to gain the competitive advantage.Now the trategy formulation has moved from simple analysis to devising a coherent course of inputs and actions. Thus cumulative growth of Human Capital in India is evident. Countries like china have always banked upon their human capital for their economic growth. Many reasons explicitly explain the strategic change of human resource to human capital major of which is globalization. Globalization has led to multitasking of the employees where the work force is developed in a holistic manner to accomplish many tasks at one time. The resources are utilised in a much better way.Individual knowledge bases are continually changing and adapting to the real world in front of them. So the dimension of knowledge is not limited to demographic borders and has developed leaps and bounds. Training programs complement building the human capital by developing superior knowledge, sk ills and experience within the workforce. Managers of today are thriving to develop business agility in their team. Many development assignments are getting structured for employees, empowering them and ensuring that their job duties and requirements are flexible enough to allow growth and learning.Human capital is intangible and elusive and cannot be tapped the way organizations manage jobs, products and technologies. One of the reasons for this is that the employees, not the organization or system own their human capital. If valued employees leave a company, they take their human capital with them, and any investment the firm has made in training and developing those employees is lost. Technology advancement has also pioneered the shifting of human resource to human capital.Companies like Apple, Samsung are coming up with more than one product in a year where the human talent is used profusely to gain the technical niche. Advancement of technology tends to reduce the job openings that required little skill and increased the position that required considerable skills. This transformation has shifted the human resource from â€Å"touch labours† to â€Å"knowledge workers†, in which the employee responsibilities expand to map a richer array of activities such as planning, decision making and problem solving.Even the firm are preparing blue prints of programs to improve the skills of not only the upper management but also the middle and the lower management also. Firms are creating programs and awards like mentorship program, performance pay, incentives, bonuses and other awards for all level of employees to retain their human capital. Because employee skills, knowledge and abilities are amongst the most distinctive and renewable resources on which a company can draw, their strategic management is more important than ever. Reference2].Thus HR professional can concentrate more effectively on the firm premeditated direction instead of daily routine t asks. This blueprint can include forecasting personnel needs especially for firms planning to expand, contract or merge, planning for career and employee promotions, and evaluating the impact of the firm’s policies- both those related to HR functions and other functions- to improve the firm’s earning and strategic directions. But the main challenge comes in utilization of human resource as human capital.Without proper ownership and proper activities that capitalizes the workmanship of an employee, the part of the capital gets unutilized and goes as idle waste. Managers are architecting work for the employees in such a manner where they feel themselves connected and their skills are enhanced. This also catapults their full capacity utilization. The evolvement of this concept has inevitably changed the focus of firm from traditional Human Resource Management to strategic Human Capital Management.To be in the competition firms are using their human capital to implement bo th proactive and reactive change initiatives and are crossing the line to retain their human capital. Such is the magnitude of human capital in today’s scenario, where in a manager success is determined by the amount of human capital he has generated or retained in a year. The future depends on pursuing businesses that leverage human capital.

The Invisibility Of Human Trafficking - 1702 Words

Zoà « Sippl Mrs. Busby English 11 27 May 2015 The Invisibility of Human Trafficking Over a century and a half after President Abraham Lincoln issued the Emancipation Proclamation, millions remain in bondage, stated President Barack Obama in his proclamation on December 30th, 2013 (Weaver 3). Human rights groups even estimate the amount of slave trade now to exceed that of the Atlantic slave trade of the 18th and 19th centuries (ProQuest Staff 1). Human trafficking takes human freedoms and rights away from victims, leads to organized crime, and undermines the security and safety of the nations it takes place in (Impact of Human Trafficking 1). The real eye-opening statistic is that every 30 seconds someone becomes a victim of human trafficking (Human Trafficking and Slavery 2). If the public was more aware of human trafficking, more programs for victims could be enacted as well as harsher consequences for traffickers. The misconceptions versus realities and the invisibility of the industry play a role in the growing issue of human trafficking. Many people are un der the impression that it does not take place in the United Stated, only other countries. However, that is not the case. Though it is a global problem, it is a national and local problem as well (Weaver 2). Bradley Myles the CEO of Polaris Project, a nonprofit tracking trafficking organization, supports that one of the biggest myths is that it doesn t happen here. But it does. In all 50 states (CalhounShow MoreRelatedThe Trafficking of Women1516 Words   |  7 PagesThe Trafficking of Women The trafficking of women and girls for the purpose of prostitution is big business. It has been and still is one of the biggest industries worldwide. These unfortunate women and girls do not lead normal lives, but rather they are bought and sold as commodities. They also usually have no control over their lives and live in conditions of extreme poverty and abuse. Trafficking, debt bondage, forced labor, and other abuse is suffered by women all over the world and it isRead MoreThe Canadian Justice System1714 Words   |  7 Pagesprostitution is not prohibited, but paying for sex is. This model aspires to remove the deep-rooted problem of prostitution from the system, without actually subjecting and targeting the prostitutes, who are themselves often the victims of sex-trafficking. This Paper will argue that despite the fact that C-36 was a smart move taken by the government of Canada in response to SCC’s Criticism, this law might not be the most appropriate approach towar ds eliminating sex trade off the streets. The mainRead MoreAn Eye-Opening Book by Barbara Ehrenreich, Global Women1142 Words   |  5 Pagesin health-related research, advocacy and activism. Arlie Russell Hochschild is also the author of seven books. As a professor of sociology at the University of California, Berkeley, her work focuses on critical theory, ethnographic observation, and human emotion. The book contains many essays that were written by Cheever, Salazar Parrenas, Hondagneu-Sotelo, Rivas, Anderson, Constable, Zarembka, Brennan, Lan, Gamburd, Bales, Hung Cam Thai, and Sassen. Most of them are the professors of sociology orRead MoreChild Abuse in India2816 Words   |  12 Pagesproblem let us take four major forms of child abuse in India:The are: #Trafficking in Children in India Trafficking in children is a global problem affecting large numbers of children. There is a demand for trafficked children as cheap labour or for sexual exploitation. Children and their families are often unaware of the dangers of trafficking, believing that better employment and lives lie in other countries. Child trafficking is lucrative and linked with criminal activity and corruption. It isRead MoreLaw Enforcement Combating Deep Web Criminal Activity Essay1952 Words   |  8 Pagespresent challenges for law enforcement combating deep web criminal activity. Crimes committed on or with the Internet are relatively new. Those crimes include illicit trade in drugs, weapons, wildlife, stolen goods, or people; illegal gambling; sex trafficking; child pornography; terrorism and anarchy; corporate and sovereign espionage; and financial crimes. Police agencies have been fighting an uphill battle always one step behind an ever evolving digital landscape and the criminals who exploit it. Th eRead MoreWomen as Commodity8899 Words   |  36 Pagesthe genes have larger effect on the baby’s personality someday. Women are now expected to function merely as reproductive vehicles, birth mothers with no identity apart from being a suitcase to carry the child, how far can they be pushed into invisibility? How far can we ignore their moral status? It is not the intention of this report to suggest that surrogacy is wrong or unethical. There are serious problems involved, and these are partly moral, legal and partly ethical. Any attempt to legalizeRead MoreWomen as Commodity8915 Words   |  36 Pagesthe genes have larger effect on the baby’s personality someday. Women are now expected to function merely as reproductive vehicles, birth mothers with no identity apart from being a suitcase to carry the child, how far can they be pushed into invisibility? How far can we ignore their moral status? It is not the intention of this report to suggest that surrogacy is wrong or unethical. There are serious problems involved, and these are partly moral, legal and partly ethical. Any attempt to legalizeRead MoreThe Silent Orphan By Virgil Sapienti2103 Words   |  9 Pagesmember. The reason being had nothing to do with the loud music coming from a party at the brick house down the street. Instead, it has more to do with the gang member being wanted by police, after being indicted for several counts of drug and human trafficking. Using the cloaking ability embedded in his Fackeltrà ¤ger suit, Virgil was able to evade the approaching policeman and his partner; coincidentally, at the very same moment they began to enter the room. They entered, armed with their service pistolsRead MoreIntroduction. In Recent Decades, Migrants From Sub-Saharan2753 Words   |  12 Pagesexplored how socio-political circumstances affect their stay in the country. Most migrants regularised through the above-mentioned campaign live in a state of liminal legality. This has resulted in an â€Å"in-between status,† where they oscillate between invisibility and partial integration, whilst they hold onto their dreams of reaching Europe. The objective of this PhD proposal is to further explore this state of liminal legality through an investigation of migrants’ survival strategies and the formationRead MoreRacism and Ethnic Discrimination44667 Words   |  179 PagesIndigenous Peoples’ Autonomy and Development Racism and Ethnic Discrimination in Nicaragua November 2006 Contents 1. 2. Introduction Structure of the study 2.1 Scope and methodology 4 7 7 3. Racism and individual and collective human rights 3.1 A note on cultural and ethnic identity 9 11 4. Racism: colonial inheritance 4.1 Nicaragua: multiethnic and pluricultural state 4.2 The historic roots of differences, discrimination, and racism 4.2.1 Spanish Conquest and its