Thursday, November 28, 2019

What Key Decisions Did Hitchcock Make free essay sample

Voyeurism is undoubtedly the most recognizable feature in Hitchcock ivies, similarly addressed in each movie in the form of an assault, where the audiences dimension of voyeurism feels somewhat compromised as the characters of each movie are poetically punished for their voyeurism following an eloquent, skin crawling suspense, causing both the audience and characters to reflect and question the voyeurism we are somewhat predetermined to do. In Rear Window, the protagonist infers that the salesman across the street has killed his wife after spending an inordinate amount of time observing his neighbors for his own leisure. Unwittingly, the audience gains pleasure from watching others too. When the protagonist is ultimately attacked by the person he is watching, this can be construed as the director attacking the audiences voyeurism, leading to suspense. The fear of the protagonist being attacked creates suspense, since, similarly to the incapacitated protagonist who can only watch, the audience is forced to watch, both being unable to act. We will write a custom essay sample on What Key Decisions Did Hitchcock Make or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A common, albeit subtle theme found in The Birds is the incessant bird watching, by both the characters and the audience. The voyeurs tools (eyes) being destroyed by their subject serves as a commentary on the audiences voyeurism. Shots of birds flying at and attacking the screen give the impression the voyeuristic audience being attacked. This is another example of voyeurism being associated with suspense, the primary element for which Hitchcock is known and which contributes to his widespread reputation as an auteur. In Psycho, Norman Bates (and concordantly the audience) watches Marion undress in a stereotypical voyeuristic manner. The famous shower scene begins with an extreme close-up shot of the killers eye as he watches Marion behind the shower curtain and the anticlimactic antecedent of Marinas open eye in the shower, demonstrating the punishment that entails voyeurism similar to what is found in The Birds, where the tool used for voyeurism is focused on. Not only did this punishment follow from Normals grotesque voyeuristic practice of watching Marion, but also from Marion watching Norman Jog up steps and into his home. This enforces Hitchcock thematic element of the voyeurism inherent in the audiences nature. In conclusion, Hitchcock employment of unique thematic and ideological factors in his movies Psycho, The Birds and Rear Window expose his creative input and thus instantiate him as an auteur. His use of the thematic concern of voyeurism and its constituent ideological concern of the effect and punishment of voyeurism illustrate Hitchcock creative authority in contriving these tells and concordantly the consistency o elements demonstrates his deuterium. T these

Monday, November 25, 2019

Buy Back of Securities- An Analysis

Buy Back of Securities- An Analysis Free Online Research Papers Introduction Share capital is a very essential part of a company, listed or unlisted. Share capital can be of two types i.e. equity share capital or preferential share capital. The share capital of a company has to be subscribed by one or more persons. After the share of a company has been allotted to the subscribing members, the subscribers have no right over the money gone as proceeds of the shares subscribed. All that the shareholder has is the right to vote at the general meetings of the company or the right to receive dividends or right to such other benefits which may have been prescribed . The only option left with the shareholder in order to realize the price of the share is to transfer the share to some other person. But with the introduction of section 77A, 77AA, and 77B in the Companies Act, 1956 the shareholder can realize the price by selling directly to the company . Buy Back of Securities In general terms buy back of shares can be understood as the process by which a company buys its share back from its shareholder or a resort a shareholder can take in order to sell the share back to the company. Buy-Back of shares is nothing but reverse of issue of shares by a company . It means the purchase of its own shares or other specified securities by a company. In case of buy-back, a company offers to take back its shares owned by the investors at a specified price generally determined or arrived at on the basis of the average price of the shares in the past few months. This calculation is usually done at a premium on the market price so as to attract more number of investors, which may vary as per the financial prudence of the company . Thus, buy-back is one of the prominent modes of capital restructuring. Legislative History Under Section 77 of the Companies Act, 1956, a limited company is prohibited from buying back its own shares. The basic reason for such a prohibition was a feeling that allowing companies to buy-back their shares could give rise to companies ‘trafficking’ in their own shares leading to undesirable practices in the stock market, like insider trading or other such unhealthy influences on stock prices . There was also an apprehensions that introduction of buy-back was unlikely to improve the stock market climate, but on the contrary worsen the climate as buy-back would in all likelihood facilitate more manipulation This general prohibition has been diluted by the statute, which permits a company to buy-back its securities after following the procedural safeguards provided in Section 77A, 77AA and 77B of the Companies Act. Prior to the Amendment of the Companies Act in 1999, the laws as to the buying of its share by the companies were very stringent. There was no way a company could buy its shares back from the shareholders without a prior sanction of the Court (except for the preferential shares). In 1887, in was held in the case of Trevor v. Whitworth , that a company limited by shares may not purchase its own shares as this would amount to an unauthorized reduction of capital. The rationale for this decision was that though the creditors of the company make decisions about its credit-worthiness on several grounds, but an important ground is the amount of its share capital. If the courts had not established at an early stage that capital was ‘sacrosanct’ and could not be returned to shareholders at their whim, then share capital would not have been protected. Without this protection, creditors could find shareholders depleting share capital, with creditors left to carry all the business risks. In India, the rule in Trevor v. Whitworth was enshrined in Section 77 of the Companies Act, 1956 which prohibited a company limited by shares, or by guarantee, and having a share capital from buying or canceling its own shares, nor may a company do so indirectly, by getting another person to buy the shares on its behalf, unless it complied with the provisions and followed the procedure for reduction of share capital under Sections 100 to 104 of the Companies Act, 1956 which involved sanction by the Court. Thus, by implication, an unlimited company can purchase its own shares. Article 3(e) of Table E, Schedule 1 to the Act gives power to such companies to reduce its shares in any way . Similarly, forfeiture for non-payment of calls and valid surrender do not involve purchase of shares by the company . Any valuable consideration paid out of the company’s assets amounts to a transaction of purchase . A prohibition on the buy-back of shares thus existed by virtue of Section 77 of the Companies Act, 1956 under which a buy-back could be made only by reduction of share capital. Later, the recommendations of a Working Group on Companies Act, 1956 constituted by the Central Government, led to insertion of section 77A and 77B. This Amendment was suggested to bring Indian law in parity with its British counterpart . Thereafter, the concept of Buy-back of securities which was proposed in the Companies Bill, 1997 was incorporated in the Companies Act by the Companies (Amendment) Ordinance 1998. Section 77A of the Act refers to the power of a company to purchase its own Securities subject to the provisions of Section 77A (2) and section 77B of the Act. The Securities and Exchange Board of India (SEBI) has issued the SEBI (Buy-back of Securities) Regulation 1998, which are applicable to listed company on a stock exchange. The other companies are regulated by Private Limited Company and Unlisted Public Limited Company (Buy-back of Securities) Rules, 1999. OBJECTIVES OF BUY-BACK OF SHARES In the words of the working group which recommended the introduction of buy back in the companies act: â€Å"It is an erroneous belief that the sole reason for buy back is to block hostile take-over. In this connection it is pertinent to list five reasons why the bank of England favoured the making of law to allow companies to repurchase their shares of which blocking take-over was only one: To return surplus cash to shareholders To increase the underlying share value To support the share prices during temporary weakness. To achieve or maintain a target capital structure. To prevent or inhibit unwelcome take-over bids. Briefly a company resorting to the buy-back may have surplus cash, and it may not have found the right avenue to invest such surplus cash, during such period of dilemma the company may decide to return the surplus cash by buying back its shares, with a hope that at a later time when the company brings on an expansion the investors do not loose their faith in the company. Secondly the company might as well think of buying its shares with a view to increase the value of the shares which after the process of buy back still remain in the market. For after the shares are bought back the number of marketable shares become less and thus the prices increase. Thirdly, at times there is a slump in the share market due to no fault of the company. Though the slouch may be temporary but may have continued far too long .The management then may decide to give value to the shareholders and buy back their shares at a price higher than the market price. This is generally done to instill faith in the m inds of the shareholders. Saving a company from hostile take-over has always been seen as a major force behind bringing about this amendment, the company may use the surplus cash available in buying back its shares and bringing the number of floating shares down, resulting in the suitor not finding it a worthy investment or a profitable acquisition. These could be certain reasons why a company may resort to buy back of its shares. Thus in short, shares may be bought back by the company on account of one or more of the following reasons: To increase promoters holding; Increase earnings per share; To improve return on capital return on net worth and to enhance the term shareholder value; To provide an additional exit route to the shareholders when shares are undervalued or are thinly traded; To enhance consolidation of stake in the company; To return surplus cash to the shareholders; To achieve optimum capital structure; Rationalize the capital structure by writing off capital not represented by available assets; Support share value; To thwart hostile takeover; To pay surplus cash not required by business. MODES OF BUY-BACK The buy-back of shares or securities may be in any one or more of the following modes: existing security-holders on a proportionate basis(tender offer method); the open market through: o book building process in accordance with Regulation 17; o stock exchanges in accordance with Regulation 15; or odd lots, that is to say, where the lot of securities of a public company, whose shares are listed on a recognized stock exchange, is smaller than such marketable lot, as may be specified by the stock exchange; or the securities issued to employees of the company pursuant to a scheme of stock option or sweat equity. PROHIBITED MODES OF BUY-BACK: No company shall directly or indirectly purchase its own shares or other specified securities : Through any subsidiary company including its own subsidiary company; or Through any investment companies or group of investment companies; or If a default, by the company, has been made in respect of: o Repayment of deposit or interest payable thereon, or o Redemption of debentures or preference shares, or o Payment of dividend to any share holder, or o Repayment of any term loan, or o Interest payable thereon to any financial institution or bank. If the company has not complied with the provisions of section 159, 207 and 211 of the Act. Moreover, a listed company is prohibited from buying back its securities through negotiated deals, spot transactions, private arrangements and insider dealings . SOURCES FOR BUY-BACK The Act provides that buy-back of shares can be financed only out of free reserves -Where a company purchases its own shares out of free reserves, then a sum equal to the nominal value of the share so purchased is required to be transferred to the capital redemption reserve and details of such transfer should be disclosed in the balance-sheet; or securities premium account; or Proceeds of any shares or other specified securities. It is provided that no buy back of any kind of shares or other specifies securities can be made out of the proceeds of the same kind of shares or same kind of other securities as it will frustrate the purpose sought to be achieved by an issue and will make no sense. It can however be used for buy-back of another kind of security. CONDITIONS FOR BUY-BACK The Companies Act provides that a company can buy-back its shares only when : It must be authorised by the articles of association of the company. It is, therefore, necessary for a company proposing to resort to a buy-back to make sure that such an authority exists in its articles. If the articles do not contain such a provision, the company must follow the procedure laid down in Section 31 of the Companies Act for altering its articles to incorporate such a provision by passing a special resolution and filing a certified true copy of the same along with Form No. 23, with the concerned Registrar of Companies, for registration as required by Section 192 of the Act. A special resolution has been passed in general meeting of the company authorizing the buy-back; However, the said special resolution shall not be required to be passed if the following conditions are satisfied : o The buy-back is or for less than 10% of the total paid up equity capital and free reserves of the company, and o A resolution authorizing the buy-back is passed at the meeting of the board. Provided that no company can come out with a fresh proposal to buy back its shares within a period of 365 days from the date of the preceding offer of buy-back. The ratio of the debt owed by the company is not more than twice the capital and its free reserves after such buy-back: Provided that the Central Government is empowered to relax the debt-equity ratio in respect of a class of companies but not in respect of any particular company . The impugned shares/securities must be fully paid-up. The buy-back of the shares or other specified securities listed on any recognized stock exchange is in accordance with the SEBI (Buy-back of Securities) Regulations, 1998. The buy-back in respect of shares or other specified securities other than those listed on any recognized stock exchange shall additionally comply with the provisions of the Private Limited Company and Unlisted Public Company (Buy-back of Securities) Rules, 1999. EXPLANATORY STATEMENT The explanatory statement accompanying the notice convening the general meeting at which the special resolution will be passed should contain all the relevant particulars of the buy-back such as: All material facts, fully and completely disclosed: The necessity for buy-back; The class of security intended to be purchased by the buy-back; The amount to be invested under buy-back; The time limit for completion of buy-back. The company is also required to pass a special resolution in its general meeting after following the procedure laid down in section 171, 172 and 173. TIME LIMIT OF COMPLETION OF BUY-BACK Every buy-back is required to be completed within 12 months from the date of passing the special resolution or the Board resolution, as the case may be or where the resolution is passed through postal ballot, the date of declaration of the result of the postal ballot, as the case may be. OTHER FORMALITIES Declaration of Solvency- A declaration of solvency is required to be filed by the company with the Registrar and SEBI in the prescribed form before the buy-back is implemented to guaranty its solvency for at least a year after the completion of buy-back . It should be verified by an affidavit and signed by two directors, one of whom must be the Managing Director, where there is one. However, a company whose shares are not listed on the Stock Exchange is not required to file this declaration with SEBI. Physically Extinguishment of Securities- A Company after the completion of buy-back is required to physically extinguish and destroy its securities within 7 days of the last day on which the buy-back process is completed . Prohibition on Further Issue of Shares- A Company buying back its securities is prohibited from making a further issue of securities within a period of 6 months except by way of a bonus issue and discharge its existing obligations such as conversion of warrants, stock option schemes, sweat equity or conversion of preference shares or debentures into equity shares . Register of Securities Bought Back- A Company is also required to maintain a register containing the particulars of the brought back securities, including the consideration paid for them, the date of cancellation, the date of physically extinguishing and physically destroying securities and such other particulars as may be prescribed . Such particulars are required to be entered in the register of buy-back of securities within 7 days of the date of completion of buy-back. Filing of Return- On completion of the buy-back process, the company shall within a period of 30 days file with SEBI and the Registrar a return in e-form No. 4C containing the particulars prescribed. A private company and a public company whose shares are not listed on a recognized stock exchange should file the return of buy-back with the Registrar only . The conditions specified below are applicable to only buy-back of shares effected under the said provisions and the conditions applicable to Sections 100, 104, 391 cannot be applied to buy back of securities . TRANSFER OF CERTAIN SUMS TO CAPITAL REDEMPTION RESERVE ACCOUNT Where a Company purchases its own shares out of free reserves, then a sum equal to nominal value of the shares so purchased has to be transferred to the Capital Redemption Reserve Account referred to in clause (d) of the proviso to sub section (f) of section 80 and its details are required to be disclosed in the balance sheet . Such a transfer of capital redemption reserve account will not be required when buy-back of securities is other than shares. Further, the Central Government may, from time to time notify other securities as specified securities and such notified securities may not be shares. PENALTY If a company makes default in complying with the provisions, the company or any officer of the company who is in default shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to fifty thousand rupees, or with both. The offences are compoundable under section 621A of the Companies Act, 1956. CRITICAL ANALYSIS APPRECIATION This scheme is advantageous to the Companies as: Companies may buy-back its shares to take advantage of low share prices and hope that their value will rise quickly. Companies considering that its share price has been unfairly lowered buy-back them to give the price a boost. A company with excess cash may choose to buy its own shares rather than give out dividends. Once a company gives out dividends, investors expect them to be passed out regularly. But if the company’s cash dwindled in future years, it might have to cut the dividend and anger shareholders. A company could be taking advantage of the lower price to infuse its employee stock option program. A company may buy-back it shares to safeguard itself from hostile takeover bids. CRITICISM However, there are certain drawbacks and areas of concern in the legislation: Under section 115-O of the Income Tax Act, 1961, dividend tax at the rate of 10 % has to be paid on any amount declared, distributed or paid by way of dividend by any domestic company. However, buy-back of shares made under section 77A of the Act is not treated as dividend by virtue of sub clause (iv) of clause (22) of section 2 of the Income tax Act. It is not mandatory for a company to declare dividend under the Act. Taking advantage of this legal provision, a subsidiary may refrain from declaring dividend and transfer the entire or substantial profits to reserve. Then it can buy-back 25% of the shares at book value, which in any case will be more than the face value. These companies can wait for 6 months and issue further shares to the extent brought back. This process can be repeated any number of times. Thus, buy-back can be used to repatriate profits without paying dividend taxes by subsidiaries of foreign companies. Similarly, subsidiaries of Indian companies can also distrib ute profits without paying any dividend tax. Most of the buy-back taken place to enhance promoter’s holdings in the company rather than with a view to enhance shareholder’s wealth. In case of the multi-national companies, buy-back has been motivated by a desire to get the company de-listed from the Indian bourses. Under the present guidelines, if the promoters are able to get more than 90% shares, law permits the delisting. There is no restriction on repeated buy-backs year after year, which has resulted in increasing promoters equity stake ultimately. There is reduced cooling off period of 6 months between a buy-back and re-issue of same kind of shares within a specified period. There are reports of insider trading in some of the cases before the buy-backs are announced. CONCLUSION With the present competitive environment in India arising due to globalization and multi-nationals entering into the Indian market; it was felt that Indian companies need flexibility. Though the response to buy-back option was lukewarm in the beginning, the situation is changing and the provisions have received laudable response from the corporate world. Since the approval of buy-back of shares by companies, there has been commendable shoot up in the instances of buy-back. If one takes a peek at the web-site of the SEBI, every month on average 2-3 companies make public announcements for buy-back of shares. There are undoubtedly certain drawbacks in the Buy-back of securities in India but the benefits far outweigh the criticism. Thus, enabling Indian companies to buy-back its own shares is clearly a step towards fulfillment of long-standing demand towards liberalization of company law. ? Bibliography Dr. Avtar Singh : Company Law, Eastern Book Company A.K. Mujumdar : Company Law, Kalyani Publishers Palmer : Company Law (Vol 1), Steven Sons Ltd., London Young Patrick : Capital Market Revolution: The Future of Markets in an Online World H.K. Saharay : Company Law, Universal Law Publishing Co. Taxman : SEBI Manual Sanjeev Aggarwal : Guide to Indian Capital Market, Bharat Law House Research Papers on Buy Back of Securities- An AnalysisMoral and Ethical Issues in Hiring New EmployeesAnalysis of Ebay Expanding into AsiaMarketing of Lifeboy Soap A Unilever ProductCapital PunishmentIncorporating Risk and Uncertainty Factor in CapitalTwilight of the UAWNever Been Kicked Out of a Place This NiceComparison: Letter from Birmingham and CritoDefinition of Export QuotasThe Project Managment Office System

Thursday, November 21, 2019

Summarize articles Essay Example | Topics and Well Written Essays - 250 words

Summarize articles - Essay Example Religious leaders from the Calvinist, Presbyterian and Methodist clergy also played a key part in establishing colleges, spurred on by faith in mankind and the desire for progress (Rudolph, 44-67). Chapter 8 of Clark Kerr’s ‘The Uses of the University’ reflects upon the hard choices that universities and colleges had to make regarding their curriculum and teaching standards, as well as assessment criteria. This fluctuated between more privatization, more federalization and more cultivation of general public support to effective use of resources, more pluralistic leadership and attention to longer term goals. Since it is impossible to predict the state of the economy, it has been decided to turn over the responsibility for the education sector to the Federal Government. In this way the research and learning aspect of these institutions could be preserved. The progress of civilization depends upon learning (Kerr, 184-197). Ellen Goldring and Claire Smrekar in their ‘Magnet Schools and the Pursuit of Racial Balance’ (2000) explore the role of magnet schools in reducing racial isolation and encouraging diversity. These schools were born out the desegregation movement of the mid-1970s and have been so successful in meeting the needs of special and minority students that there is a long waiting list for admissions. Yet as regards the goal of reducing minority exclusion from the rolls, only 44 percent or less managed to achieve this milestone. While the effort was greatly appreciated by parents, yet the more desirable longer term goal would be to undoubtedly achieve racial integration within the community and the workplace (Goldring & Smrerkar, 2000,

Wednesday, November 20, 2019

Frederick Douglas Essay Example | Topics and Well Written Essays - 2000 words

Frederick Douglas - Essay Example Largely, he did this through public speaking engagements and his writing. The first thing he published was the autobiographical Narrative of the Life of an American Slave in 1845. After which, he served as publisher of a newspaper, The North Star, before publishing his second novel, My Bondage and My Freedom, a decade later. While those works (which will be discussed later) were about his life, he later became a political activist in his pursuit to help people less advantaged than he. Surrounding the time that "Reconstruction" and "Appeal" were written, there was a lot of political activity, including the aforementioned Abolitionist Movement, which lasted from sometime in the 1830s, until about 1870. This movement should not be confused with the abolitionist movement started by feminists who wanted to end prostitution (arguing that prostitution was also a form of slavery). Instead, the Abolitionist Movement was fundamental in founding the Anti-Slave Society, which aimed at declaring that those enslaved should immediately become free. The Abolitionist Movement saw the end of slavery, but participants didn't consider its job complete. Once black people were free, they advocated for better education for them, so that men especially would get better jobs. If they could work, they'd be better able to support their families. The movement insisted on healthcare for freed slaves. It also offered assistance in helping family member locate other family members from whom they'd been separated during slavery. When the Fifteenth Amendment guaranteed African-American male suffrage, the Movement proper was over. In 1865, Congress had established the Freedman's Bureau. It helped with the tasks of education, healthcare, and jobs, and even the reunification of families. The Freedman's Bureau was especially helpful to refugees of the American Civil War. African-American women took up causes that affected black women at the time, and later, the National Association for the Advancement of Colored People (NAACP) was formed to aid all colored persons. All of this helped make Douglass the writer he became. When he wrote "Reconstruction," the Civil War had ended and the country was in a reconstructive state. The "Reconstruction" argument was that although the war had ended, there were still changes to be made. He wrote, "All that is necessary to be done is to make the government consistent with itself, and render the rights of the States compatible with the sacred rights of human nature" (para. 3). He was insisting that the government take a stand within each state, and remain consistent in supporting the rights of all people. He asked that citizens of the United States be able to move, interchangeably, throughout the states and have the same rights in each one. He finished his essay with the opinion that he was not the only person, nor were there only black people, who wanted equality for everyone. He wrote, "This great measure is sought as earnestly by loyal white men as by loyal blacks, and is needed alike by both. Let sound pol itical prescience but take the place of an unreasoning prejudice, and this will be done" (para. 10). In "An Appeal to Congress for Impartial Suffrage," Douglass' message was just as political, just as strong. His main focus was on the right to vote for African Americans. He asked Congress how they could have

Monday, November 18, 2019

The reserch paper on The Euro Crisis Essay Example | Topics and Well Written Essays - 4000 words

The reserch paper on The Euro Crisis - Essay Example This common national currency Euro is utilised by over 300 million people in the world’s most developed economic region, which is considered as a record in the international monetary system. The common currency Euro was established by the European nations with the objectives of acquiring better integration among member nations as well as to enhance the currency value in the global economy (Feenstra & Taylor, 2012). In the year 1999, Economic and Monetary Union (EMU) was also established with the motive of utilising the single national currency i.e. Euro for all the trade activities performed by the European nations. In the starting of 2002, there were 12 countries in Europe Union (EU) which include Germany, Austria, Belgium, Ireland, Finland, Italy, France, Greece, Netherlands, Spain, Luxembourg and Portugal that utilised Euro as their national currency. Later on many countries also joined EU and adopted Euro as a national currency. However, three EU member countries namely Sw eden, United Kingdom and Denmark do not used Euro as their national currency. By the year 2010, there were 27 countries as members of EU. In Euro zone, the main objective of EMU was to establish a common monetary currency for EU members and to coordinate the monetary affairs of the member nations through European Central Bank (ECB). The euro zone has faced financial crisis due to sluggish economic growth as well as high rate of underemployment. Moreover, economic recession of 2008 has also raised many economic problems in the European nations (Arestis & Sawyer, 2012). Considering this aspect, the review will emphasize on the factors accountable for crisis in the European nations. The objective of the review is to recognise the reasons for Euro crisis. Moreover, review will also focus on remedies necessary for minimising the effects of Euro crisis in the European nations and other countries. The review includes other aspects related to the Euro crisis along with economic problems fac ed by the European nations. Background The Euro system of the European countries consists of ECB and 11 central banks of different nations. The Euro system has four major jobs with respect to economic growth and sustainability. The first job is to execute the monetary strategies implemented by Central Council of ECB. The second job is to undertake foreign exchange functions and the third job is to maintain money reserves of euro area nations. The Euro system is responsible for coordinating as well as managing monetary policy of EU. Euro was considered as a single common currency by EU members with the objective of acquiring a stabilised price for a long period of time. Moreover, with common currency it was expected that it would help to expand the market and also would assist in better integration of capital, goods and service. Furthermore, it was anticipated that with the introduction of common currency, Euro would be an important currency relating to foreign exchange markets (Euro pean Central Bank, 2009). Economic and Monetary Union (EMU) EMU was set up with the motive of stabilising the monetary operations as well as for prosperous economic development of the European nations. The vision of EMU is to develop an integrated framework for the financial sectors which enables the banking

Saturday, November 16, 2019

Risk Management and Work Breakdown Structure

Risk Management and Work Breakdown Structure 1 Introduction This report is to examine the theory of project management and practice of project management techniques which consist of Work Breakdown Structure, Gantt Chart ,risk management and SWOT and PESTLE analysis. Also, the report will show the personal learning experience from the module. Finally, the journal will be comment for project management analysis. 2.1 Work Breakdown Structure (WBS) Work Breakdown Structure is a fundamental project planning technique which is used in the beginning of the project. Also, it was designed to use the systematic methods to break down the whole project into deliverable units. Therefore, it is an effective technique to organize the project for each element. By using work breakdown structure, it is possible to understand the tasks and activities in the project easily which makes the structure more comprehensible. Also, the tasks are able to be conducted by different people or groups individually which improve the efficiency and easier to allocate the responsibilities (Maylor, 2005). Nowadays, Work Breakdown Structure has been admitted to the common and essential tool for project manager who need to manage and monitor the every process in the project. The process is to divide the entire project into several main stages which included many rudimentary tasks in sequence. Every task can be an independent activity (Maylor, 2005). In the work breakdown structure planning process, it needs to be noted that WBS should not be split extremely detailed which will make the structure complex. However, it has been claimed that even Work Breakdown Structure is a practical tool to utilize the project, there are still some problems. The main problem is that the task in different stages is independent to be executed but they are still in the same project (Maylor, 2005). WBS does not show the relationships of tasks between different stages. Therefore, divergence will happen in the different part of project. Moreover, the WBS does not show the time that each task execution needs (Young, 2006). Thus, project managers need to monitor the conflicts and solve the problems during the project execution. Moreover, project managers should use other tools to control the task process time. In the product case study, WBS plays a major role to help group mates easy to break the project into two main parts. One is about Design development and another part is to focus on manufacture and launch plan. Each part has many stages which consist of several tasks. After, it is easy to identify the scope of tasks and make the content of tasks clearer. In order to avoid the conflicts happening, the tasks have been considered to find the sequences in the same states. Each task shows a key step in the project that keeps the WBS structure clear not being complicated. WBS of this project was created by every group mates. Therefore, it was clear to understand the basic elemental and tasks in this project. 2.2 Gantt Chart: Gantt chart is a useful technique which was designed by Henry Gantt. It can be used to represent the time costing of activities in the project (Maylor, 2005). There are two main parts in the Gantt chart. Vertical part is to list the different activities in the project. Horizontal line is to show the time scale from start to end. It can clear identify the time need and time limit. By using different colour, it is easier to make viewer how to understand the time cost of tasks and the time sequence between other activities in the project. (Lock, 2007) Moreover, it is effective tool to overview the duration of each tasks or whole project. Therefore, Gantt is widely used in the project manager to manage the time need. Manager can evaluate the real activities to extend or reduce the time by Gantt chart. However, there are some limitations of Gantt chart. Firstly, Gantt chart is suitable to use on the a small amount of activities of project. If there are numerous tasks in the project, the G antt chart will be complex. Secondly, it is inflexible to revise the time and make change during the project. Due to It will influence the other sequent tasks (Maylor, 2005). Finally, even Garnt chart can provide the time sequence of tasks, it still lack of showing the relationship of interdependence between each task (Lock, 2007). Therefore, Gantt chart is to show the time cost of tasks but does not improve the resource arrangement (Maylor, 2005). In the case study, Gantt chart was used to arrange to time management to ensure the project that can be finished in the limited time. It is easy to draw by computer or hand and clearly identifies the order of task executions. The time cost will be influential fact in the case and Gantt chart help the project manager or group member to effectively plan or monitor project (Thomsett, 2009). It also make executors clearly understand the timeline to finish the tasks on time. 2.3 Risk Management Project risk management is an essential part of project management that ensure the result and the profitability that are correctly produced by processes. There are variety of uncertain fact and risks in the project (Young, 2006). The aim of risk management is to reduce the risk to treat the project and minimize the influence. Moreover, most risks are not unexpected and uncontrolled. In other words, the risk can be indentify and quantify to be controlled. There are many risk identification methods such as key risk symptoms, External source, TCQ analysis and assumption. By using quantification techniques, the risks can be measure and demonstrate by likelihood, effect, hide-ability (Maylor, 2005). Thus, it can be estimated or avoid. By Adjustment to alter the possible result is another scheme. In addition, insurance is a feasible method in the modern society. Therefore, risk management processes include the identification of the risk, quantifying the risk, prioritising the risk, develop ing the strategy and taking the action. Most of risks which include positive risk and negative risk can be shown and controlled after these analyses (Harries, 2010). Even though process through these steps, the project managers still need to concern about any other influential facts happening and ensure the project as expectation. In case study, the risk management was considered to the one of main assignment conducting from beginning to the end. In the barnstorming meeting, the possible risks were list by group member from high risk to low risk and measure the probabilities of occurrence by scale. To quantify the risks make it easy to tell what is most risky or what most possible fact to impact the project is. Thus, pre-preparing the strategy and solution for each risk to minimize the impact to our project are crucial for the result. 2.4 SWOT and PESTLE Swot is a strategy analysis tool to identify the internal and external facts to the project and organization. It is widely used in the strategy planning work (Haughey 2010).There are four main parts in the SWOT model which includes Strengths, Weakness, Opportunity and weakness. The internal part of SWOT model consists of Strength and Weakness. Project Manager and members can evaluate the current strength and weakness of organization to the project. To list the realistic fact and group ability to appraise the condition are the necessary for planning project strategy. External analysis is made by opportunity and weakness (Bianes P. et al, 2008). External issues will be the influential facts to influence project strategy. It needs to consider that the competitors activities and society issues relate with project development. However, external environment has variety of issue which is completed. Therefore, in order to clarify the environment, PESTLE analysis is effective model to investi gate it. PRESTLE consist of Political, Economic Social-culture, Technology, Legal and Ecological. However, it has been admitted that SWOT framework has been popular in the business and some of disadvantage that has been claimed and need to be overcome (Haughey, 2010). Firstly, there is no any process to re-thinking whether the output strategies are practical or not. Secondly, there is no priority in the framework. It is hard to tell the importance of each strategy. However, SWOT framework has little problems that need to consider and improve. It is still an useful model for strategy analyze. Therefore, using SWOT and PESTLE to determine the situation can explain the current situation clearly but project managers need to pay more attention to make the decision cautiously. To use SWOT and PESTLE in the case study, it is clear to distinguish the internal and external conditions to the organization. Use PESTLE in the case study, it is easy to collect the environment issues which are relative with product and future trend. By analyze the facts, the strategy can be considered to unsure the strategies that there is no conflict to the environment. SWOT model is an efficient methods to plan the strategy. Using strength to analyze with external fact and output the strategy to overcome treats. Also, it can use external facts to supply internal weakness. Therefore, project manager can understand the organization and circumspectly plan the efficient strategy to achieve the aim of project. 3. Project management skill and contribution to the group In the project management, there are many techniques and skills to help project members to manage the case study. Every technique and skill has the particular use to develop the project. Also, each practice of framework was discussed by the team members corporately. How to use the theories is the challenge to the team. The techniques are useful to improve the project and the skills help the work productively. For example, WBS is a practical framework that was not known by the team until the session. It was effective to divide the oyster key project into several tasks. The content of tasks was created by the group mates and the information was searched from the internet and designers in the field which is about the product design that will make the tasks of oyster key project close to the real design project. It shows the skill of solving problem. How to use internal source and external source to solve the problems was learned in the project. Due to the team have no design background that is the challenge to plan the product development process. Use external source is crucial to overcome the tasks. The project process has been considered by the team to show the main stages and activities. In order to keep the WBS clear to be understood, there is no extremely detailed tasks on it and every activity o n WBS is vital in the project. After using WBS, the team understood what the main stages in this project are. Moreover, Risk management was another new knowledge for the team. It was seen the crucial part of the project that monitor the whole project from beginning to end. By assumption to list the possibility, it is relative with the analysis skill. How to find the potential risks from the project process relate to the skill of analysis and organize data. In the beginning of this project, the product of the project needed to be decided. A suitable product was hard to be found that can be agreed by every group mate. Therefore, the situation needed to use communication skill to make a common decision. The author offered the idea about personal experience of need for design product. It was from the perspective of design innovation to improve the human life. It was convinced by other two of group mates. Then, the rest of group mates show their opinion to the idea. It was the communication process to make the different opinion integrate the common decision. In addition, the author is willing to provide the personal working experience to help the group in the process. The opinion from working experience provide the project to improve the integrity of the project which include planning ability to the WBS and Gantt chart, time management, Risk assumption and strategy planning. Meanwhile, the rest of group mate showed the ability of organizer that can efficiently manage the information and document. The rest of group showed the ability of cost estimates. All of these skill make the project more complement to achieve the aim of project. 3.1. Personal Learning and applying in the future Project management is a useful model in the DMU. Honestly, it will be the one of the practical model for postgraduate study in this year. Many techniques and skill have been learnt by session. Case study help the author understand how to practice the techniques in the field. The advice of tutor is helpful to conduct the process of project. Moreover, the most important learning of this model to the author is that how to be a successful project management. Inspiring and leading the group to the common aim is the duty of the project manager. It also relate with the team-building skill. By communication and negotiation skill to produce the effective plan have been the required skills for a manager. During the module, time management is important to ensure the work can be finished on time. In addition, there would be some risks to impact the project. Besides risk management, manager personal ability to handle the pressure is also important. It will be helpful to train the ability to face pressure. Moreover, most of future works can be seen as a project to manage and operate. For instance, risk management can use to evaluate the any decision in the future that is not only in business. The problem solving skill can be the methods to deal with any problem in the life. Thus, the learning from project management will help to benefit the work in the future. 4. Brief Critique of academic journal 4.1 Journal 1 Is more information technology better for new product development? 4.1.1 The aim of research This article shows that the relationship between information technology department and new product development department. There is a growing number of companies which invest a great deal of money on information technology to improve the product quality and reduce cost. The article is to show does the information technology help the product development successfully and how the cooperation works between these two departments. (Durmusoglu et al. 2006). 4.1.2 Prior literatures Prior literatures identified that number of study which are about the internal communication to new product development departments have been examined (Durmusoglu et al. 2006). Porter and Millar (1985) as cited by Durmusoglu et al. (2006) that computer technique is the effective tool to assist the new product development such as product functions, cost reduce and produce speed. Boutellier et al. (1998) as cited by Durmusoglu et al. (2006) that project manager also expected the information technique to support the project team. Meanwhile, they can share information, creativity and personal networks to each other. 4.1.3 Research method The research method was used in this research is survey to collect data. The questionnaires were sent to the top managers of information thchnology department and new product development department of 21 companies. These companies are in the 14 industries such as farm equipment manufacturing, automobile parts and supplies manufacturing, hand tools manufacturing etc (Durmusoglu et al. 2006). This approach was effective to get the depth perspective from the magagers. 4.1.4 Finding The finding show that information technology department support the new product development that can enhance the new product flexibility but also increase the cost. Moreover, the two department managers have the common perception to share the knowledge and information to each other. Finally, even though the Information technology can enhance the product development process, it did not totally equate the increase of sales or outcome to new product (Durmusoglu et al. 2006). 4.1.5 Future use of the research This research reveal that the corporation of information technology and product development department. It also shows the influence of support by technology department. Moreover, cost increase is the main facts that need to be considered in the future. To control cost and increase flexibility will be the concerning issue in the product development process in the future . 4.2 Journal 2 The association among project managers leadership style, teamwork and project success 4.2.1 The aim of research This research is to investigate the relationship between project managers leading style and the influence of teamwork to the project outcome. There are variable of sub facts to impact the project performance like the team size, project type and industry sector(Yang Huang Wu 2010). 4.2.2 Prior literatures Turner and Muller (2005) as cited by Yang Huang Wu (2010) that he impact of project managers leadership style to project performance was ignored in the most of past study. However, there are some study which mention about project managers leading style. Kendra and Taplin (2004) as cited by Yang Huang Wu (2010) leadership behaviors will be the influential reason to the project. Moreover, DuBrin (2004) as cited by Yang Huang Wu (2010) that leadership is an achievement to conduct by communication. 4.2.3 Research method The questionnaire-based were conducted in this survey. There are four section in this survey which include project managers leadership style, teamwork, project performance, and personal information. The respondents composed of project executive, superintendents and higher level project leader Yang Huang Wu (2010). Therefore, the respondents from different work position to answer the questions which make the finding more objective. 4.2.4 Finding The finding in this research show that the leadership style might influence slightly. Also, teamwork is the most significant influence to the outcome. Moreover, different type of project show the different relationship with the group mates (Yang Huang Wu 2010). Even the feeling is hard to correctly measure, the finding still show that the teamwork is really influential in the project. 4.2.5 Future use of the research This report demonstrates that manager need to communicate with the group members and to develop the common attitude to make teamwork work effectively. 4.3 Journal 3 Cost targets and time pressure during new product development 4.3.1 The aim of research The research is to find the impact of cost target time limit to the project. Quality is the main fact to be compare with the two restricted conditions. The outcome of project was tested in this research to find the effective method to product development. 4.3.2 Prior literatures The cost-oriented product was expected by past study. Fisher (1995) as cited by Everaert Bruggeman (2002) that define the target costing is that planning the reducing cost method in the beginning execute the expectable process to cut the cost. Moreover, Kato (1993) as cited by Everaert Bruggeman (2002) show that human play a main roles in the new product development and time reduced plan in the project management has been the source of pressure to most engineer. 4.3.3 Research method The research was conducted in the laboratory to test by experiment. The experiment use the haphazard two-by-two factorial design which to compare the test result. One laboratory was given the cost charge, time limit restriction. It was designed to simulate the real customer requirement. Also, if the engineer only finished the project on time but quality was not achieve the requirement, there is no any rewards (Everaert Bruggeman 2002). By this method, it is easy to tell the impact of restriction to the project. 4.3.4 Finding The finding is that the products which were developed by cost target project did not show the poor quality and reduced. In addition, in the time limited project, engineer have to spent more time to develop the product that result the cost reduced aim were not reduce as expectation(Everaert Bruggeman 2002). 4.3.5 Future use of the research In this case, it shows that it have to be considered the impact of time limit to the cost target. If the restriction is too much, it is hard to reach the cost target aim. 4.4 Project portfolio management for product innovation 4.4.1 The aim of research The aim of research is to establish the standard of test to evaluate the suitable use of product portfolio which can be conducted for product project or service project. 4.4.2 Prior literatures Andersson (2000) as cited by Killen Hunt Kleinschmidt (2008) that most of companies have noticed to practice the portfolio management to organize the resource to create the profitable outcome. Dye and Pennypacker (1999) as cited by Killen Hunt Kleinschmidt (2008) that current product portfolio widely practice on RD management and pioneering projects. Therefore, Project portfolio has been used in the industry and need more explanation to show the scheme of effective use. 4.3.3 Research method The research is conducted by survey in Australia. There were 166 organizations in this research who receive the mail to answer the questionnaire which consist of 88 questions. Those companies use project portfolio to manage their new product develop projects (Killen Hunt Kleinschmidt 2008). This sample method is suitable to compare the practice of portfolio from different industries. 4.4.4 Finding There is no significant difference of Product portfolio use in this research. However, it has been found that even the companies has used the product portfolio, many companies do not have enough time to conduct the product portfolio completely (Killen Hunt Kleinschmidt 2008). Therefore, time limit is still a obstruction to practice product portfolio management. 4.4.5 Future use of the research Most of product portfolio methods were design by the past environment and the use process is not flexible. Therefore, it need to improve the new Product portfolio methods to be suatible to use in the current business environment. 5. Conclusion Project management not only is theory, but also useful to practice in the business world. Furthermore, most of business cases can be seen a project to manage and planning. Many techniques of project management are suitable to be used in analysis. Meanwhile, the techniques and skills are also crucial to a project manager and academic journal would be the another source for managers to acquire the knowledge. After learning the theories and practice in the case study, being a successful project manager would an expected aim to be achieved.

Wednesday, November 13, 2019

America Under Siege :: essays research papers

America under Siege†¦ One the greatest bastions of freedom and democracy in our world is now under siege by cowardly forces. The terrorist attack on the World Trade Centre and the Pentagon is not only an attack against the US, but an attack against the entire Western civilised world. There is nothing more despised and cowardly then a terrorist attack on innocent bystanders, but yet it is still one of the most effective weapons in the world today. It has been used before and will probably be used again, as we see from the attacks in the US. This is the warfare of the new Millennium. No country can be prepared for terrorist attacks and defend against them, especially not for one in such scale as the attack on the US. When seeing the pictures on CNN for the first time, I first believed that this was a hoax, a movie or something like that, but soon the fearful truth hit me ; this was for real! I have read things like this in books and seen them in the movies, but I for one, did not believe that this would happen. In 1996, Tom Clancy wrote a book called â€Å"Executive orders†, where he described a scenario which is not so far from what happened on Tuesday ; a plane crashes into Capitol Hill, killing the entire Congress and the president of the USA. You can say that Clancy almost predicted that something like this would happen, and so did the intelligence community. Already in 1993 a secret Pentagon report called â€Å"Terror2000† described possible terrorist scenarios against American interests, and in fact, several of those scenarios have come true indeed. America under siege. I remember reading Tom Clancy’s number one seller ; â€Å"Executive orders†, and thinking that it would be so cool if I could experience something like that. Well, I did, and the rest of the world did on the 11. of September 2001. And I realised how wrong I was when thinking that something like that would be cool to experience. Tom Clancy starts his book with a poem written by Colleen C. Hitchcock, called â€Å"the Ascension†, and I think that it is very appropriate for this occasion : Ascension And if I go, while you’re still here†¦ Know that I live on, vibrating to a different measure -- behind a thin veil you cannot see through. You will not see me, so you must have faith.

Monday, November 11, 2019

Transformational Change

At each moment of every day, someone, of eminent importance or the subordinate drifting around the park is embarking on a transformational change of some specific nature. What does that suggest to us? It indicates that at some point in our life we will experience this transformation as well. A transformational change is a modification to your life, as you know it; the learning cycle begins by recognizing that there is a substantial problem with your life in its current state. Once this breakthrough has been exposed, you must establish a way to suppress the predicament in order to resolve it. From this point on it may be a brief or time-consuming journey to your new life; but the expedition can be excruciating nevertheless. â€Å"Transformation, though desirable, rarely comes easily. † (Alexander, M. Clugston, W, & Tice, E. , 2009, Ch 5, p7) One conclusion that you can count on is that the ordeal that you have been through was meaningful and advantageous to your growth and development. Personally, I have been through a significant amount of transformational learning experiences. A select few come to mind, such as: graduating high school and beginning college for the first time, getting married, having a child, getting a divorce, going to real estate and tax school, and the death of my grandmother. Each of these circumstances have taken a toll on me; but when it came to selecting the transformational change that I am presently engaged, I believe that my decision recedes back into position in my renewal experiential cycle. I have ineffectively accomplished my original educational goals; so instead of establishing a new target, I will be â€Å"embracing the opportunity† to attempt once more. I am certain that ninety percent of our class, at the slightest, is going through the same transition as I am; working tediously to get a college degree taking into account a cumbersome work schedule and a family. Those were the strongest decisive factors this time around. At this point in my life I sense it is now or never; I faithfully believe that God has a plan for all of us, and it is now my time to thrive. When change is openly engaged, growth inevitably results—allowing boundaries to be broken and a new sense of freedom to be experienced. † (Alexander, M. Clugston, W, & Tice, E. , 2009, Ch 5, p3) According to Jack Mezirow’s research, identifying the seven phases occurring in the learning process, I have fulfilled up to this moment the first six phases: * â€Å"Experiencing a disorienting dilemma† I have faced the reality that it is time to buy my own home to raise my daughter in, despite the issue that I will not be getting married. In order to do this I must be financially secure with a career and a college degree on the wall. * â€Å"Self-Examination† Am I ready? Can I handle the stress? Is it worth the trouble? Will I have the time? Am I going to have to give up something in order to accomplish my goals? Will my financial aid and all of my credits transfer I have already received? Yes to all, and it will be worth it as the result. * â€Å"Critical assessment of assumptions† Will there actually be a job or an innovative career opportunity available to me when I essentially receive my college degree? I assume there will be, but all I can do is complete school through graduation and explore then. * â€Å"Recognizing that others have gone through a similar process† My mother is my hero. She went back to school in her early thirty’s, the same age I am now, and she has three degrees on the wall. She actually started her doctorate degree, but decided to wait until the school relocated near us in a year and a half in order for her to go to classes on campus rather than online. Therefore, when she does get the doctorate she will have four college degrees and be a doctor. I cannot help but admire her. * â€Å"Exploring a process† Going to college online at Ashford University until I complete my Bachelor’s Degree is my plan. Then from there you cannot speculate what may happen. I may continue school until I am fifty years old. I genuinely love learning and education universally. * â€Å"Formulating a plan of action† This time in school I am majoring in a degree that will actually benefit me obtaining employment immediately when graduating. In addition, I have approximately twenty years experience in all aspects of business and management. My previous degree program at the last school I attended was Interior Design. I am highly interested, but the market is obsolete, just as Real Estate in which I hold a license. * â€Å"Reintegration† I am not certain that I have accomplished this phase at the present time. (Alexander, M. Clugston, W, & Tice, E. , 2009, Ch 5, p7) For me personally, the reintegration phase can be experiential in two different aspects; attending school and being acclimated by the end of my first class, which is undoubtedly fulfilled. On the other hand, it could indicate graduating and facing the world as a newfound pristine college graduate. If the later is the case, then I have ample time to set new short-term goals for my next class, and continue adhering to them until my ultimate goal of graduating categorically occurs. I have had numerous blessings in my lifetime; however, the day that I graduate from college will be the second most ecstatic day of my life, second to childbirth.

Friday, November 8, 2019

Dog and Cat Names in German

Dog and Cat Names in German Hunde- und Katzennamen One of the questions that German teachers hear most frequently (besides why is a table masculine?) is: What are some popular German names for dogs/cats? But Germans dont always use German names for their pets, any more than they do for their children! Although there are German versions of names like Fido, Spot or Tabby, just as those English names are fairly uncommon for pets today, so are many typical German pet names. Dog names like Bello or Hasso are viewed as clichà ©s. Very few dogs in Germany answer to those names, or any German name, today.  «Der Zoo » (tsoh) is a zoo, but itsalso the German word for a pet store. If you dont believe me, look at this edited sample list of suggested dog names taken from a German Hundenamen Web site:  Aida, Ajax, Alice, Amy, Angel, Angie, Aron, Babe, Baby, Bandit, Barney, Beauty, Benny, Berry, Billy, Bingo, Blacky, Blue, Buffy, Butch, Calvin, Candy, Chaos, Charlie, Cheese, Chelsea, Cheyenne, Cindy, Cookie, Criss-Cross, Curly  and  Curtis. And thats just taken from the A-C section! Yes, I left out some of the more Germanic names from the original list, but you can see the Germanic names in our own  Haustiernamen  list. The point is that exotic English and other non-German names are popular with German pet owners. Even the detective hero of the bestselling German cat mystery novel  Felidaewas named Francis, not Franz. Most German name lists for pets contain about 90 percent non-German names. But you probably would prefer a German name for your dog or cat.  In our list you can choose a name that suits your tastes and your pet. You may wish to use the name of a famous literary or other  German:  Kafka,  Goethe,  Freud  (or  Siggi/Sigmund) and  Nietzsche  are some possibilities. Prefer music? How about  Amadeus  or  Mozart  or even  Beethoven? The names of German pop singers like  Falco  (who was Austrian),  Udo Lindenberg  or  Nena  are also popular for pets. Or perhaps youd like the name of a figure out of German literature. Perhaps  Siegfried  (m.) or  Kriemhild  (f.) from the  Nibelungenlied  or Goethes  Faust  versus  Mephistopholes. On the lighter side you could go with  Idefix, the dog in the popular European Asterix cartoon series, the rotund  Obelix  character or the hero  Asterix  himself. Then you may wish to have a good old Germanic name or word with a certain meaning:  Adalhard  (noble strong),  Baldur  (bold),  Blitz  (lightning, fast),  Gerfried  (spear/peace),  Gerhard  (strong spear),  Hugo  (smart),  Heidi  (based on fem. names containing  heid  orheide;  Adelheid   noble one),  Traude/Traute  (dear, trusted) or  Reinhard  (decisive/strong) are just some options. Although few Germans today would be caught dead with such names, theyre still great pet names. Other categories for pet names include movie characters (Strolch, Tramp in The Lady and the Tramp); colors (Barbarossa  [red],  Lakritz[e] [licorice, black],  Silber [silver]; precipitation  Schneeflocke  [snowflake]); or drinks (Whisky,  Wodka).

Wednesday, November 6, 2019

Brain Drain in India Essays

Brain Drain in India Essays Brain Drain in India Essay Brain Drain in India Essay In no more than 300 words, respond to the following question: To what extent and in what ways do you believe India can alleviate Brain Drain? Strong responses will have the following characteristics: # Answer all parts of the question # Demonstrate originality # Present thought-provoking points of view # English language proficiency to a level where undue strain is not placed on the reader India is undoubtedly one of the fastest growing nations in the world, in terms of technology, education, and opportunities. Yet, we have various constrictions which pose a threat to its striking emergence. One of the major bottlenecks in the pathway of India’s development is Brain Drain. Brain Drain, a common phenomenon in the developing nations, refers to a condition where a large number of technically skilled individuals migrate to another country (a developed one) for various reasons, personal or professional. India has experienced a very high emigration rate in the past few decades. Brian Drain is equivalent to a major financial failure for the country, and adequate steps should be taken by the government in co-operation with the civilian populace to assuage it. Some of the ways by which our country can alleviate Brain Drain are: better infrastructure, better job opportunities, better educational institutions, and the most important of all â€Å"removal of reservations†. Better infrastructure implies to a high quality of lifestyle. Planned residential societies providing all sorts of amenities can surely attract our human resource and avoid their migration to the developed countries in search of a quality living. More industries and businesses should be set up so that ample job opportunities are available for the educated youth. Young India fancies the â€Å"Great American Dream†, and hence lucrative compensation and benefits should be offered to all sectors of employment. Greater opportunities for higher studies and research should be made available to India’s brilliant youth. Sufficient funds should be allocated for research in the burgeoning fields of biotechnology, cloud computing, nanotechnology and so on. However, the principal means of eradicating Brain Drain is the eradication of an equally heinous social stigma called â€Å"reservation†. Reservations should be debarred in all sectors of the society, be it education, workplace, or government. Reservations can only hinder a nation from moving ahead. I am sure that the government of India in unison with our countrymen can do away with Brain Drain provided the above impediments are met.

Monday, November 4, 2019

Always a Bridesmaid Essay Example | Topics and Well Written Essays - 500 words

Always a Bridesmaid - Essay Example As she endeavours to make sense of her life, Davenport interviews elderly women who never married and her own mother who once was much sought after. Their stories provide the hilarious part as well as the drudgery in the film. The topic is all about marriage. The documentary is told from the filmmaker's point of view. Growing 30, she is terrified of ending up alone. Working as a wedding videographer, Nina confronts her fears, all the while asking why in the first place she has complicated her life with a noncommittal boyfriend who is five years younger. She cross-examines love interests that died down, interrogates fidgeting brides, including her increasingly nervous boyfriend and gathers advice from many quarters. Coming to terms with her deeply conflicted feeling towards weddings, she feels greatly that she is meant for spinsterhood, but has a burning lust for the opposite sex. Seeing weddings now and then as a videographer only reminds her of this internal battle. This film may be analyzed using the theory of Relational Dialectics. The theory of Relational Dialectics is that of intimate communication taking place in close relationships. Baxter and Montgomery developed this theory in the late 1980's and the early 1990's. The dialectical perspective is that the partners are constantly adjusting to the presence of oppositional, relational forces (Montgomery, 1993). There are many different aspects o

Saturday, November 2, 2019

Policing and Penal Services Essay Example | Topics and Well Written Essays - 3000 words

Policing and Penal Services - Essay Example Although this may sound an ideal way to deal with criminals, the ground realities are quite different from the expected results. As no solution is perfect and without flaws, the same goes with this problem of handling criminal behaviour and controlling uncivil citizens, thus increasing problems inside the prisons and penitentiaries. Imprisonment and jailing has been an effective way to protect the society from corrupt people and individuals with criminal tendencies (Baker, 2002). Prisons hold a complete new world inside them as the most dangerous people from all over the country or province/state are collected in a single space, the chances of different mishaps and unwanted happenings are increased a hundred fold (Baker, 2002). Therefore, the prison service or probation service should be capable of handling such situations. Furthermore, the prison service should competent enough to prevent any incidents from happening at all. Containing any undesirable situations, preventing jailbrea ks, controlling prisoner riots, thwarting murder attempts and violent attacks, halting drug trafficking, preventing any sexual harassment or assaults and frustrating any prison gangs from causing any harms are the primary tasks of a prison service. Further duties include the training of convicts to become a better citizen of society, provide them with adult education (if required), providing proper healthcare without any discrimination of race, class, colour, religion or creed and building the capacity of inmates to integrate with the society after they have completed their sentence (Great Britain Home Office, 1979). Education can be used for rehabilitation of prisoners. It is important to make them stand back on their feet and help them become a productive member of the society. Prisons serve this essential function in the society as well. This essay will attempt to shed a light on the present prison services, their current state, the methodologies which are used, and their compete ncy and provide further alternatives and recommendations to increase their performance and capabilities. It will also comment on education and how it can play a role in rehabilitation of prisoners. Theory behind Imprisonment: Bjerregaard and Lizotte (1995) concluded that there are actually four theories that formed the idea of incarcerating certain citizens. These can be listed as under: Punishment Deter Specifically Deter Generally Rehabilitation. Punishment: This is a very basic idea which follows the concept of punishing an individual for his/her wrong doing and preventing him/her from repeating the crime. Deter Specifically: Also known as incapacitation, the idea behind specific deterrence is to remove the criminal individual from the society, relying simply on the idea that if such a person would not be a part of the society, his/her criminal actions would not affect the society in any way whatsoever and population in general will stay safe (Cao, Zhao, & Van Dine, 1997). Deter Generally: This involves making someone an example for a serious crimes (Carlson, 2001). For instance, if there is death penalty for intentional homicide, then lesser people will do any such act. This idea has given way to many harsh punishments such as life imprisonments and capital punishments. Rehabilitation: Rehabilitation involves guiding the offenders and making them better citizens of the society (Jiang & Fisher-Giorlando, 2002). They are given education and awareness about being a productive member of the community and participating in building the society instead of tearing it down. Although this is the most productive