Research and Statistics Module assignment Essay

Research and Statistics Module assignment - Essay Example ve shareholders as to their decision to continue maintaining money in the stocks which they have already invested or for future investors, to invest in stocks of companies. The earnings per share will give the investor one of the major factors in stocks investment. Between two or more companies, the investor is advised to invest in the company with the higher, or even highest, earnings per share. For if we apply probability here, if the company has a very high earnings per share and the earnings per share thru the many years of operation is increasing or remains the same, income producing, for the many years of historical experience, then this company is a very wise investment alternative. Gearing.( www.bized.ac.uk/compfact/ratios/gearing1.htm) is generated by dividing long term liabilities (Stickney, C & Weil, R, Financial Accounting 8th ed. Page 10 Dryden Press, Florida 1997) by equity shareholders’ funds. We should also study Gearing because the definition of gearing mean the relationship between long term liabilities has and the capital investment employed. The gearing ratio gives us a tip on which investment to invest our money in. The ideal situation is that the capital investment balance should be more than the liabilities or loan balance. Liabilities refers to both short term (loans payable within one year after the end of the balance sheet[Spiceland, D & Sepe, J, Intermediate Accounting, Page 212, McGrawhill, 1998, USA] date) or long term liabilities ( loans payable for more than one year after the end of the balance sheet date.) The accounting equation ( this formula is the one presented in the balance sheet) is Total assets ( includes cash, receivables from customers, inventory, buildings, office equipment, factory equipment, land, other items that is owned by the corporation either bought thru cash or loan agreements) is equal to the sum of all liabilities ( already explaine d above) and total capital. Capital includes the investments

Qualitative research Essay Example | Topics and Well Written Essays - 250 words

Qualitative research - Essay Example Researchers use coding process to connect data obtained from various research topics in qualitative research. Coding process helps in generating the main theme of the study and relating data collected. During the analysis of qualitative information, the first step involves the organization of data collected. The researcher organizes transcripts during used to collect the information. Data collected though video or record modes are formatted properly in order to make them understandable (Houser, 2011). If the information collected was with transcripts and video, then the two needs harmonization to help build on the theme of study. Otherwise, the data collected would be challenging to interpret. Second step involves reviewing the interviews conducted using the data source by coding. Codes obtained from the review process helps in identification of the main theme of the study (Houser, 2011). The codes may be inductive or deductive. In inductive coding, the information understood from the data assist in making thematic conclusion as opposed to deductive theme that results from experience of the researcher or theory based on the topic. Coding of information is possible using computer programs. Jeanfreau, S. G., & Jack, L. (2010). Appraising Qualitative Research in Health Education: Guidelines for Public Health Educators. Health Promotion Practice, 11(5), 612–617.

Contribution of Banking and Financing to Singapore Economy

Contribution of Banking and Financing to Singapore Economy Kim DuckWon 1.0 Introduction Since globalization of the world, banking and financing sector is now become very important for the ones countrys economic growth as it is directly relate to national GDP. Banking and Financing refer as an act of provide funds for business activities, making purchases or investing to help its businesses to get their goals. And for Singapore, banking and financing is taking a big part in economy as Singapore economy can be said that they grown up their economy by banking and financing with its reputation as financial hub in Asia and it is true that banking and financial services contribute on its domestic economic growth as well by giving few advantages. So, through following paragraph will mention, what is the contribution of banking and financing to Singapore economy and few challenges that banking and financing might face in present and the future. 2.0 Contribution of banking and financing to Singapore economy 2.1 Contribution in Job market First contribution of banking and financing to Singapore economy is job creation which would bring up Singapores economy status better in the end. As Singapore has its reputation as financial hub, Singapore could get lots of Foreign Direct Investment(FDI) in area of banking and finance from many countries such as USA, Japan etc. Therefore, Singapore could make many place for the domestics to get a job in the banking and finance services which will lead Singapore economy status better and will also help to drop down the unemployment rate. And truly, figure shows that in more than 500 financial institutions the banking and finance industry of Singapore provides more than 114000 jobs which is 5.5% of the total workforce(Singaporean-German Chamber of industrycommerce,2013). Therefore, banking and financing would be the factors that contribute to its domestic job market in Singapore. 2.2 Foreign Direct Investment (FDI) FDI means individual or business owns 10% or more of a foreign companys capital to control and to get into management its company in the end.(Kimberly,2015). In Singapore, banking and financing take quiet huge role in Foreign Direct Investment(FDI). Although evidence on FDI and economic growth is ambiguous, relations between financial market and economic growth ends up with positive conclusion-namely, well-developed financial market in the country will bring along economic growth(Alfaro,2004). and this economic growth in Singapore will continue to attract the countries to make more FDI to Singapore by its major countries of FDI and it will lead Singapores economy to continue as positive for the future.   2.3 Contribution in Small and Medium-sized Enterprises(SME) In Singapore, Small and Medium-sized Enterprises(SME) normally refer as companies which is employee below 200 or sales turnover is not more than S$100 million. It might seems that SMEs are not important for the economic growth. However, In Singapore, SMEs are taking really important role since SMEs take up 99% of all its enterprises and employ 7 out of every 10 workers in the job market and they contribute over 50% of its national GDP(Koh, 2012). Therefore, banking and financing services contribute a lot on SMEs to boost its economic growth even more higher by giving SMEs collateral-free loan for SMEs improvement and also to encourage someone who try to open new SME. For example, OCBC bank in Singapore is one of the financial institution who contribute to SMEs by giving financial supports up to $100,000 to start up. By this kind of contribution from bank and financial institution, Singapore economic growth will be even more higher. 3.0 Challenges of Singapore banking and financing in present and future Although banking and financing contribute a lot in Singapores economy growth, there are some challenges that might face in the present and future such as dependency of global economy, government regulations and cyber crime. 3.1 Dependency of World economy First challenge factor that banking and financing in Singapore would face in the present and future is dependency of global economy. Needlessly to say, Singapores main contributor of its economic growth is come from FDI in banking and Financial services as Singapore is financial hub in global economy. However, because of its high dependency of global economy, Singapores banking and financial services could not avoid from world financial crisis as well which makes main FDI countries to reduce their investment to Singapores financial services. And global financial crisis in 2008 started from USA was the example of showing that Singapores banking and financial service is not free from it. and figures that an average growth rate of nearly 8 per cent from 2004 to 2007, Singapore was the first East Asian country to fall into a recession from the global economic crisis after July 2008. This clearly reflects the greater vulnerability of the Singapore economy to global economic shocks(Shandre ,2009). 3.2. Shortage of skills Shortage of skills would be the one of the challenge that Singapores banking and financial services would face in the present and in the future. Because most of the banking and financing services are now digitalized and specialized, these sectors are seeking workers who are specialized and have great knowledge of technology. But as it need long time to get experience and skills to be specialize in the parts, Singapores banking and financial services will face the shortage of skills. And that will make the sectors to spend whole lot of money to train and educate the workers to be specialized in their work. 3.3 Cyber Crime Lastly, Cyber crime could be the another problem for banking and financing and to Singapores economy growth in the present and the future. As technologies improved, use of online banking and financing services rate is increasing which makes most of bank and financial services done by online. However, because of technology improvement banker and financial services are bother from cyber crime. And the reason why cyber crime is become a threatening part for these sector is because they need to spend massive money to compensate the victims and also to buy or develop the system to prevent the cyber crime such as financial fraud online which will make these sectors to waste their money. And truly, Direct financial losses in Singapore due to cybercrime grew from US$944 million in 2012 to US$1 billion in 2013(TSE,2014). And this figure will also affect to FDI negatively in banking and financial services which will also threaten Singapores position as a attractive country for FDI. 4.0 Strategic planning to overcome challenges of banking and financing of Singapore in the present and future 4.1 security and regulation According to a 2013 Norton report, Singapore cybercrime victims had the highest average per capita losses worldwide in 2013, of US$1,158. This is four times the global average of US$287 and twice the figure set 12 months earlier in the country(TSE,2014). Therefore, banking and financial services should put an effort to reinforce security and regulation of its online system in banking and financial services to reduce wasted money. For example, these sector can make it compulsory to the workers to use security software to protect cyber crime. And they also can make a teams of online security to prevent cyber crime such as hacking and online fraud to avoid from losing money. 4.2 Education and training In todays world of banking and financing need quiet advanced skills in computer to do a job since most of works are done by computers and online. However, as workforce ages are growing up, lack of skills in banking and financing area become a big problem. Thus, banking and Financial services should re-educate and re-training the workers to get the job done. To do so, banking and financial services sector should create a specialized team in the working place and establish a course to training and educate the workers whom struggle with the skills needed in the work. So that in the end all the workers will be enhanced in their working part which will help to increase productivity. 4.3 Government tax policies As banking and financial services in Singapore affected a lot from global economy, Government should decrease the tax rate for the companies who makes investment their money to banking and financial services in Singapore. And to do so, Singapores banking and financing sector will be 5.0 Conclusion As Singapore considered as global financial hub, banking and financing sector in Singapore will still continue to take a huge role in economy growth in the future. They will provide more money to the country as main contributor of its GDP growth and will also provide more jobs for the domestics as it provide 5.5% of total workforce in Singapore in present. However, to do all this happen, Singapore should handle all problems that challenges of banking and financing services would face in the future such as cyber crime, lack of skills and high dependency of global economy. To handle this kind of problem, Singapores banking and financing sector should make good scheme to re-train and educate workers in financial area and innovate the service way in banking and finance to avoid cyber crime. Then in the future outlook of Singapore banking and Financing will be very positive as a financial hub in the Asia and in the world. Reference List Alfaro, L, 2004. FDI and economic growth: the role of local financial markets.., [Online]. 1 issue, volume 64, 89-112. Available at:http://www.sciencedirect.com.ucd.idm.oclc.org/science/article/pii/S0022199603000813?np=y[Accessed 17 May 2015]. ASEAN briefing. 2014.Singapore expands SMEFinancing Options to Support Small Businesses. [ONLINE] Available at:http://www.aseanbriefing.com/news/2014/08/14/singapore-expands-sme-financing-options-support-small-businesses.html. [Accessed 16 May 15]. Kimberly ,A. 2015.Foreign Direct Investment. [ONLINE] Available at:http://useconomy.about.com/od/tradeterms/g/Foreign-Direct-Investment-FDI-Definition.htm. [Accessed 17 May 15]. Koh, J., 2012. Why Singapore needs to re-invest more in SMEs, Singapore business review,Apr 27 Available at: http://sbr.com.sg/markets-investing/commentary/why-singapore-needs-re-invest-more-in-smes Shandre,T. 2009.Riding the global economic crisis in Singapore. [ONLINE] Available at:http://www.eastasiaforum.org/2009/01/05/riding-the-global-economic-crisis-in-singapore/. [Accessed 17 May 15]. Singaporean-German Chamber of industrycommerce. 2013.Singapore – Finance Insurance Industry. [ONLINE] Available at:http://www.sgc.org.sg/fileadmin/ahk_singapur/DEinternational/IR/diffIR/Finance_Insurance_2014.pdf. [Accessed 15 May 15]. TSE, S, 2014. CYBERCRIME IN ASIA: A CHANGING REGULATORY ENVIRONMENT ., [Online]. , p.1-15. Available at:http://asia.marsh.com/Portals/59/Documents/Cybercrime in Asia A Changing Regulatory Environment_EN.pdf[Accessed 16 May 2015]. Vikas , S. 2013.Global Financial Crisis Impact on Singapore and Policy Measures Taken to counter it. [ONLINE] Available at:http://www.slideshare.net/VikasSharma128/lky-presentation-vikas-sharma. [Accessed 17 May 15]

Preventing Bacteria from Creating Resistance to Drugs Essay -- Explora

Preventing Bacteria from Creating Resistance to Drugs In 1943, the antibiotic era began when penicillin, a member of the [beta]-lacam family of drugs, was developed. Since then, tens of thousands of derivatives of penicillin have been developed, but only seventeen antibiotics of this family are currently marketed in the United States. Penicillin and its derivatives work by preventing certain bacteria from building strong cell walls that keep their shape and integrity. Without well-integrated cell walls, "bacterial trying to grow in the presence of penicillin puff up and die."1 Almost all bacterial diseases have evolved some level of resistance. The "increased use of antimicrobial drugs encourages the spread of resistance and increases the prevalence of drug-resistant strains."2 In fact, most virulent strains, like many sexually transmitted diseases, require at least double the dosage that was used a decade ago. Vancomycin, commonly referred to as the "last resort drug," is being used by hospitals in ever-increasing amounts. Bacterial resistance is the result of evolutionary responses. One cause of resistance is through mutation. In some instances, proteins used to build the cell are altered to bind penicillin poorly or not at all. A second type of resistance occurs when the bacteria preemptively breaks down penicillin into harmless by-products before they have the chance to bind with the cell wall. A greater cause for concern is the fact that "bacteria may reproduce with different bacterial species passing on resistance" to bacteria that did not previously possess the ability to resist any drugs.3 Humans are the predominant cause for drug resistance. The following are some examples of how human intervention has res... ...3. Palumbi. Pg. 81. 4. "Meanwhile, Back at the Farm" in Infectious Disease Alert. Nov. 1, 2001. vol. 21 i. 3 Pg. 17. 5. Palumbi. Pg. 89. 6. Palumbi. Reproduced from Table 4.1 on Pg. 75. 7. Skolnic, Andrew. "New Insight Into How Bacteria Develop Antibiotic Resistance" in The Journal of the American Medical Association. Jan. 2, 1991. vol. 265 n. 1. Pg. 14. 8. For further reading consult: Skurkovich, Simon. "Facing the Coming Plague" in World and I. June 1998. vol. 13 n. 6. Pg. 150. FURTHER READING & USEFUL LINKS 1. This presentation was intended to be associated with the following article: Eckert, Eric. "Diseased Soieties" in World and I. Oct. 1998. vol. 13 n. 10. Pg. 166. 2. Lappe, Marc. Breakout: The Evolving Threat of Drug-Resistant Disease. San Francisco: Sierra Club Books, 1995. 3. "How Bacteria Build Resistance to Antibiotics" presented by USA Today

Economics Commentary Essay

BRUSSELS: The European Commission on Thursday announced 5.5 million euros (7.5 million dollars) of emergency humanitarian aid for hundreds of thousands of civilians in conflict-ridden northwest Pakistan. More than 834,000 civilians have now fled a military assault on Taliban fighters holed up in Pakistan’s rugged northwest, where artillery pounded rebel bastions Thursday. â€Å"As a result of the intensified fighting in Swat and other parts of the country, Pakistan is facing not only a security threat but also a humanitarian threat,† said European Humanitarian Aid Commissioner Louis Michel. â€Å"Pakistani authorities are doing their utmost but their relief capacities are now overstretched,† he said, announcing the release of 5.5 million euros while adding that more could be provided â€Å"if necessary.† The EU’s executive arm stressed that its aid was provided on a neutral basis to provide basic humanitarian needs such as shelter, food, clothes, and medical support. In some places, it will also provide clean drinking water and sanitation. All the funds will be channeled to projects by non-governmental relief organizations, specialized UN agencies and the Red Cross/Red Crescent movement. The European Union plans to hold its first ever summit with Pakistan in June to help strengthen the civilian government there. Among subjects mooted for the summit, provisionally planned for June 17, are the fight against terrorism — including in neighboring Afghanistan — as well as cooperation in the field of the rule of law and trade issues, according to a Czech EU presidency source. The EU has sent some 500 million Euros in aid to Pakistan since 1976, according to the European Commission, and has quadrupled its funding for the 2007-2010 period, with 50 million euros (65 million dollars) earmarked so far. Powered by Indiatimes About Us | Advertise with Us | Terms of Use | Privacy Policy | Feedback | Sitemap Copyright (c) 2009 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service This site is best viewed with Internet Explorer 6.0 or higher; Firefox 2.0 or higher at a minimum screen resolution of 1024Ãâ€"768 The European Commission announced 5.5 million euros (7.5 million dollars) of emergency humanitarian aid for hundreds of thousands of civilians in conflict-ridden northwest Pakistan. This article is about the European Union (EU), which also plays an important role in regional development, deciding to provide an aid for Pakistan. Many parts of Pakistan had been taken over by terrorists, Taliban, which resulted in some citizens to move to the northern part of the country. The EU is providing à ¯Ã‚ ¿Ã‚ ½5.5 million and more â€Å"if necessary.† It will be used for basic necessities of life, food, shelter, and clothing; medical support, sanitation, and drinking water would also be provided. The type of which is provided by the EU is an official aid or also known as official development assistance (ODA); it is a mix of bilateral and multilateral aid. Multilateral aid is when organizations allocate funds provided by the countries and bilateral aid is when the aid is given directly to the country in need in the form of for example money support, machinery, tools, food, and medicine. In order to develop, Pakistan needs money and the EU is supplying them with the official aid through the organization of the Red Cross. This aid will result in developing not just the basic needs of the people there, which is proper sanitation and basic necessities of life, but also help strengthen the government, the â€Å"civilian government.† In order for development to take place, a few factors need to be kept in mind: Human factors, natural factors, physical capital and technological factors, and also institutional factors. In this case, the human factors and the institutional factors are kept in mind for Pakistan’s development. Human factors are the â€Å"quality and/or quantity of human resources.† The consequences of providing the civilians with better sanitation and food, shelter, medicine etc would be that they would have a better standard of living; lesser amount of people would fall ill and that would mean more amount of labor, which is an economic benefit. This would add to the potential output due to the increase in productivity as more people would be there to produce for the economy of Pakistan. In Graph 1 it shows the potential output of Pakistan at point B and point A represents the current output of the economy. In Graph 2, the potential output of Pakistan increased to point C due to the aid provided. These graphs show that the result of aid could increase the current output to point B because of increase in resources due to development, and potential output to point C. The amount of labor does not jus increase by proper food and health facilities but also by education and infrastructure, which is the â€Å"internal skeletal of the economy,† for which there has to be political stability, which are the institutional factors of an economy. The EU has also included aid for improving the civilian government. The civilian government, once recovered, can help in improving infrastructure and education systems by implementing new laws, policies and goals. This could also help increase the amount of security for the people in economy and also help recover land from the areas which are taken over by terrorists. Infrastructure â€Å"provides the basis for an economy.† It includes things such as road networks, sewage system, health, education. Enhancing the infrastructure would make the people in the economy better and more advanced labor. Education would help increase the amount of skilled labor which would, again, help develop the economy by helping increase the amount of physical capital and technological factors; these are social benefits to the economy. Better health would result in longer life span, more productivity and an increase in literacy rate would provide the economy with better skilled workers, increase productivity, and awareness. Poor sanitation, sewage system, can result in many deaths, which would be a negative impact on the economy as there will be a decrease in labor. In conclusion, the official aid given to Pakistan will help the economy towards progression. I will help by improving the economy’s human and institutional factors. By improving the â€Å"civilian government,† it would also make it a safer place for the normal citizens especially from the terrorist attacks. There will also be an impact on the law and order in the economy of Pakistan due to the aid given. The political stability can also improve. These would result in the overall development of the economy.

Neologisms

Information about Neologism In linguistics, a neologism is a recently-coined word. It also is the result of the act of inventing a word or phrase. Additionally it can imply the use of old words in a new sense (i. e. , giving new meanings for existing words or phrases). Neologisms are especially useful in identifying new inventions, new phenomena, or old ideas which have taken on a new cultural context. The word â€Å"neologism† was coined around the end of the1800 and was a neologism itself.Neologisms tend to occur more often in cultures which are rapidly changing, and also in situations where there is easy and fast propagation of information. Neologisms are often created by combining existing words or giving words new and unique suffixes or prefixes. Neologisms often enter the language through mass media, the Internet, or through word of mouth – especially, many linguists suspect, by younger people. Virtually every word in a language was, at some time, a neologism, tho ugh many are quite ancient.Neologistic words or phrases themselves are borrowed from the older word, when required, to define the new concepts. Neologistic words or phrases which are combined are often shortened or lengthened. Neologisms can also be created through abbreviation, acronym, by intentionally rhyming with existing words, or simply through playing with sounds. Neologisms often become accepted parts of the language. Other times, however, they disappear from common usage. Whether or not a neologism continues as part of the language depends on many factors, probably the most important of which is acceptance by the public.Acceptance by linguistic experts and incorporation into dictionaries also plays a part, as does whether the phenomenon described by a neologism remains current, thus continuing to need a descriptor. It is unusual, however, for a word to enter common use if it does not resemble another word or words in an identifiable way. (In these cases, strange new words s ucceed because the idea behind them is especially memorable or exciting). When a word or phrase is no longer â€Å"new,† it is no longer a neologism.Neologisms may take decades to become â€Å"old†, though. Opinions differ on exactly how old a word must be to no longer be considered a neologism (to some, cultural acceptance also plays a influencial role than time in this regard; other dissagree, stating the amount of time the word exists in use is the important factor). Versions of Neologism * Stable – â€Å"Old†; Gained some recognizable and likely somewhat lasting foothold (i. e. , mainstreamed). * Diffused – â€Å"Young†; Reached a significant audience, but not mainstreamed. Unstable – â€Å"Newborn†; Proposed or rarely being used but meet an expressive need. Types of Neologism * Scientific – words or phrases created to describe new scientific discoveries. * Technological – words or phrases created to describe inventions. * Political – words or phrases created to make some kind of political or rhetorical point, perhaps with an eye to the Sapir-Whorf hypothesis * Pop-culture – words or phrases evolved from mass media content or used to describe popular culture phenomenon (which may be considered a sub section of slang). Imported – words or phrases originating in another language. Typically they are used to express ideas that have no equivalent term in the native language. â€Å"Yesterday's neologisms, like yesterday's jargon, are often today's essential vocabulary. † – Academic Instincts, 2001[1] Compare with: portmanteau, euphemism, loanword, buzzword, word coinage, compound noun and adjective, jargon, slang.

choice and chance essays

choice and chance essays In The Tragedy of Romeo and Juliet there are many instances in which choice and chance play a key part in what occurs in the play. If these chances were not taken or by chance did not occur maybe Romeo and Juliet would have escaped to Mantua. Although in the end their course was predetermined, it could have been altered in many different sections. To start, Romeo had many choices to make. In turn they all went against him and resulted in his death. But what if he had not married Juliet and still moped for Rosaline? Would Romeo and Juliet be a great literary work, or a dull story about a young man that is not worthy of the paper on which it is printed? Romeo was a good friend to most. Unless, of course, your name is Mercutio. Why did Romeo step in and stop his duel with Tybalt? If he had kept to himself than maybe Mercutio would be banished for killing Tybalt, and not Romeo. Would Romeo and Juliets marriage have ended the long feud then, or would this be to no avail? Juliet made a life or death choice in going to the friar about her ailing soul. If she did not go to see the friar than maybe she would have used the dagger and killed herself that night. Would Romeo have gone to see Juliet at the tomb? Would Romeo have killed Paris then? Or would he run into him on the way to the Capulets Tomb again? Would the Friar have come clean with the two families or would he have kept his little secrets that lead to the deaths of two star-crossed lovers? All of these choices were made and greatly impacted the Chance is the risk we take in judging what we think will be the right decision. Romeo took many chances throughout the play. Such as, when he decided to go to the Capulet ball. If he were discovered he could be killed, or challenged to a duel. By chance, Tybalt heard his voice and alerted Lord Capulet of the intruders. Luckily enough Lord Cap ...

Human Resource Change and Communication and Diversity essay

Human Resource Change and Communication and Diversity essay Human Resource Change and Communication and Diversity essay Human Resource Change and Communication and Diversity essayIn actuality, there are diverse change models that may be applied to the contemporary human resource management. In fact, the change management may involve different approaches and strategies that may either contribute to the success of the change management in a particular organization or provoke the failure of the change in the particular organization. At this point, it is possible to distinguish Lewin’s three steps model and Kotter’s eight steps model. Each model is efficient, if applied properly, although Kotter’s model is more detailed and may be helpful for organizations conducting complex changes. On the other hand, Kotter’s eight steps model is grounded on three main stages of the change, including creating a climate for change, engaging and enabling the organization, and implementing and sustaining the change.In fact, the first stage of the change, according to Kotter, includes three steps . In other words, creating a climate for change includes three steps: increasing urgency, building guiding teams, and getting the vision right (Peters, 2002). The engaging and enabling the organization stage includes three more steps: communication for buy-in, enabling action, and creating short-term wins. Finally, the last stage is the stage of implementing and sustaining the change that includes two steps: keeping the organization and the staff focused on the change and sticking to the change in a long run (Kotter, 1996). Therefore, Kotter’s model implies that the change management includes the preparation of the organization for the change that is followed by the implementation of the change and only after that the organization should retain the change and make it a norm.Lewin’s model undergoes through similar three stages of the change, including unfreezing, changing and refreezing (Thames Webster, 2009). Lewin stands on the ground that any organization has its ow n organizational culture, norms and rules, which are deep-rooted and, as the researcher defines it, frozen. The personnel of the organization take these norms and rules for granted. At the same time, any organization may need changes and this is the moment, when unfreezing is necessary. Unfreezing means the preparation of employees for the change (Peters, 2002). The second stage is the change proper. During this stage, the organization implements the change and makes it run smoothly. Finally, the refreezing the change is the last stage, when the organization ensures that the change has become permanent (Peters, 2002). In such a way, the change is complete and employees of the company perform their functions and take the implemented change for granted.Therefore, the two models of the HR change management are quite different but organizations and managers carrying out the change should make the choice on the ground of organizational needs and resources available to their organization. In such a way, managers should determine whether they will be able to complete the change successfully before the start implementing the change. They should also prepare their subordinates for the introduction of the change to minimize the risk of the resistance of employees to the change.The impact of equality and diversity, legislation on employmentToday, human resource managers should come prepared in the extremely diverse environment. As many organizations operate internationally and the movement of human resources internationally increases, human resource managers has to be able to work in the diverse, multicultural environment, where they have to adapt their management style to the specific organizational culture and environment. As a rule, human resource managers have to elaborate the specific management and communication style to match the specific organizational environment. They should elaborate their management style through the interaction and close communication with h uman resources. In such a way, they will learn which management style is the most effective in the specific organizational environment.At the same time, human resource managers should be very careful to avoid offensive behavioural patterns or inappropriate behaviour in relation to their subordinates. To avoid such negative behaviour patterns, human resource managers should learn the cultural background of their subordinates and elaborate the management style that matches cultural norms and rules of their subordinates. However, in the contemporary business environment, it is not always possible to elaborate the personalized approach to each employee, when the workplace environment is extremely diverse culturally. In such a situation, it is possible to recommend human resource managers to apply universal, humanistic approaches which are culturally neutral and allow them to maintain effective interaction and communication with their subordinates (Thames Webster, 2009). In this regard, equality is one of the main principles that helps human resource managers to prevent conflicts within their organizations and maintain the positive, healthy organizational culture. In such a way, human resource manager can elaborate the effective management style that helps them to maximize the performance of their subordinates and their organization.At the same time, professional knowledge and skills in the field of human resources are not enough for the successful human resource management today. In addition, human resource managers should be proficient in the legislation on employment because the lack of knowledge in this field can cause conflicts within the organization, whereas the violation of rights of employees can cause lawsuits being filed by employees against their employer. In such a situation, the main function of human resource managers is the prevention of such conflicts and the violation of rights of employees to prevent lawsuits and industrial action against their companies. The understanding and effective use of the legislation on employment allows human resource managers to build up their employment relations effectively (Bovee Thill, 2005). At this point, it is worth mentioning the fact that human resource managers should also come prepared to confront the pressure from the part of employees and unions, which may be willing to gain some extra employment benefits, if human resource manager is incompetent in the field of the legislation on employment (Hart, 2004). In such a case, manager can agree on some employment benefits to prevent the industrial action from the part of employees and unions. This is why the understanding and effective use of the legislation on employment help human resource managers to save costs, maximize the effectiveness of employer-employee relations, and keeps those relations within the legal framework avoiding excessive employment benefits, which mean extra costs for the employer, and keeping employees’ job satisfaction high enough, if employees feel their rights are respected and their employer conducts fair employment policies.Two models of communicationIn actuality, communication plays an important part in the successful business development and maintenance of the effective human resource management. In this regard, it is possible to distinguish different communication models which are widely applied in contemporary organizations. One of such models is the Berlo’s Sender – Messenger – Channel – Receiver model. The Berlo’s model implies that the information is sent from the sender to the receiver but before the receiver gets the information or the message, the sender chooses the messenger that means that a person has to word in the message and choose the appropriate means of the transition of the message to the receiver (Peters, 2007). In such a way, the sender shapes the message and determines the messenger and, when the message is shaped, then th e sender chooses the channel through which he/she will send the message to the receiver. For instance, the sender of the information can use the verbal communication to send the message to the receiver. Alternatively, the sender can use non-verbal communication, for instance, when the sender gives a sign to the receiver and the receiver interprets the sign properly (Clarke, 2000). In fact, the sender can choose a variety of channels of communication and various forms to shape the message, especially today when the development of information technologies and telecommunication systems has reached the unparalleled level of development.Another model of communication that may be applied effectively to the human resource management is the transactional model of communication. The transactional model of communication involves the close interaction between participants of the communication (Schein, 1999). Unlike many other communication models, the transactional model of communication impli es the interaction between sender and receiver of the information which involves not only sending the message from the sender to the receiver but also the reception of the feedback from the receiver by the sender. In such a way, the sender of the message can trace the response of the receiver to the information sent and, thus, the sender can choose the further strategy of the communication.In case of human resource management both models can be applied successfully. However, managers should be aware of the fact that the effective communication is possible only when the communication is a two-sided process. This means that managers should not just communicate messages to their subordinates. Instead, they should learn to listen and hear what their subordinates respond them or try to communicate in their turn. In such a way, the communication can become effective only if the human resource manager is bale to be not only a sender but also a receiver of the information. In this regard, e ither of the two models mentioned above can be effective, but human resource managers should remember that they should choose the model of communication which matches their personal inclinations, their communication style, experience, knowledge and understanding of their subordinates, the overall organizational environment and many other factors that may affect the effectiveness of the communication. In such a way, the communication model should match the organizational environment, culture and personal traits of character and communication style of participants of the communication process. In such a way, the communication process in human resource management may be effective and successful. Otherwise, communication gaps between human resource managers and their subordinates may emerge.

Ashoka Bindusara Maurya The Great Indian Emperor History Essay

Ashoka Bindusara Maurya The Great Indian Emperor History Essay Ashoka Bindusara Maurya, the great Indian emperor was a ruler during the Maurya dynasty, born in 265 BC to parents Bindusara and Dharma Maurya (Iloveindia.com, 2010). Ashoka’s regime spread across most of India and modern Pakistan and Afghanistan which was due to a number of successful conquests that will be mentioned later. His name is often followed by the title â€Å"the great† mainly due to the fact that he was one of India’s greatest rulers. His regime saw most on India united as one state under a democratic government. His name Ashoka is Sanskrit for â€Å"without sorrow.† According to Iloveindia.com (2010), from a young age, Ashoka was quite a handful; he often got into trouble for beating up his fellow children and being cruel to animals but on the other hand was an extremely clever child who grasped all that he was taught, be it ancient Buddhist teachings or how to hunt for wild animals. By the time he was a teenager, he had his older brotherâ₠¬â„¢s complaining to their parents and this got him sent away to the outskirts of the empire to pose as a general. Here he did things as he pleased, terrorizing small communities and various would be vigilante groups. At this time, young Ashoka realized that he’s brothers were against him so when he was sent away by his father; he instead exiled himself to Kalinga where he’s greatest military conquest lay (Iloveindia.com, 2010). There he met a young maiden named Kaurwaki whom he got involved with but later abandoned. After two years in exile, Ashoka grudgingly returned to India where his father needed him to preside over a conflict in the Ujjain region. This conflict is what launched Ashoka’s devotion to Buddhism. While peace keeping, Ashoka was injured and fortunately secretly tended to by Buddhist priests who did not want the news of his injury to reach his vengeful brothers (Wold, 2010). During this period, he got to learn of ancient Buddhist teachings and va lues that helped cultivate his belief. In addition, he also met another young girl whom he married as his first wife. Years after, the conflict between the siblings climaxed when their father passed away in 268 BC leaving them battling for the emperorship. After two long years of gross violence, Ashoka finally emerged victorious to sit on the much coveted throne (Sahu, 2005). Legend has it that Ashoka killed most of his brother while most of the retreated to various parts of India. After eight years of devoted and vigilant governance, Ashoka decided to expand his empire by invading Kalinga and annexing it to India. According to Munshi (1968) this was after he had successfully imperialized the borders of Iran, Afghanistan, west Bangladesh and eastern Burma. In 286 BC, Ashoka led the Indian army into Kalinga. Regardless of Ashoka having sentimental ties to Kalinga, Kaurwaki in particular, he plunged into war head first sparing no one. The region of Kalinga though greatly betrayed and dismayed fought back bravely but ultimately lost the war (Sahu, 2005). The morning after, Ashoka visited the battle field to view the extent of his â€Å"victory† but he somewhat did not feel good about it. Seeing to houses burned to ashes and bodies lying everywhere, Ashoka was horror struck by the sight. At that moment in time, Ashoka had an epiphany where he began to be aware of and regret the horrors of his actions. Corpses lay scattered on the earth, orphaned children cried for their mother all over, widows grieved for their husbands, the Daya River ran red with blood and various temples and monuments were destroyed in the nasty brawl.

IKEA General international markets activity Essay

IKEA General international markets activity - Essay Example Hence, purpose of this essay is to understand marketing environment of Indonesian furniture industry and assume what can be plausible marketing strategy of IKEA to achieve competitive advantage over existing player in Indonesian furniture market. Understanding strategic dimension of international marketing mix of IKEA will help the study to predict viability of any marketing strategy of the company from international perspective. The study will also try to understand existing international marketing and strategic activities of the company in order to validate the proposed international marketing mix for IKEA in Indonesia. There are two major limitations are associate with this essay, 1- the researcher has used statistical data prior to recession in order to decrease the scope of outlier intervention in the growth projection and 2- the researcher has only relied on secondary data in order to prepare this report. Business Background of IKEA IKEA is renowned Dutch furniture retailer wit h Swedish origin and the company has established its presence over 30 countries across the globe. The company is headquartered at Delft, Netherlands and it was established by Ingvar Kamprad in the year 1943 (IKEA PS, 2012). The furniture retail giant has established its strong presence across 35 countries with the help of more than 300 retail outlets. According to report published by Euromonitor International (2009), IKEA is the biggest furnishing retailer in the world and earns annual revenue more than â‚ ¬20 billion from its worldwide operation. IKEA offers customized home furnishing solution, readymade furniture, and functional home furnishing products to customers. Scandinavian design and low price are the unique selling proposition (USP) of the Swedish furniture manufacturer (IKEA PS, 2012). Target customer of the company includes middle income families, couples, young people and students (IKEA, 2013a). According to report published by Euromonitor International (2009), IKEA targets those customers who are ready to participate actively in the sales cycle process, for example, self transporting the furniture parts, self-assembling different parts of the furniture etc. These customers are ready to engage in the service delivery matrix of IKEA in order to get quality furniture in affordable price. Business Operation of IKEA- International Context IKEA used centralized business model in order to maintain its international operations. International operation of the company is channelized and monitored by headquarter of the company whereas product development activities are monitored from Almhult, Sweden. According to IKEA (2011) has reported that, more than 600 million people across the world visit IKEA stores throughout the year whereas there are more than 700 million online visitors of the company website. IKEA maintain an international supplier base of more than 1000 in order to maintain its value chain operation. These suppliers belong to 55 different co untries and help

Write a short case study outlining the essence of the new proposed Assignment

Write a short case study outlining the essence of the new proposed business venture - Assignment Example In this regard, this business plan shall bring out the structure and design of the operation of this venture, complete with the financials. This plan has borrowed the operational structure and operating procedure from the business plan of Gordon Food Service, a healthcare food service provider. Gordon Food Service inspection for compliance with state and federal law on hygiene, controls the cost of food service, undertakes training on food services and food safety. The vision of the New York Food Truck company is to be the biggest food truck company in the city. The spread of this venture to other states will be considered upon its success in the state of New York. The mission is to be a reliable partner in providing healthy food services to the busy working population. In so doing, the company will be able to successfully provide healthy solutions and contribute to building a healthy society, while at the same time providing jobs to many unemployed persons. The New York Food Truck Company shall have one control point from where all orders and assignments shall be taken. It would take an approximate 10 trucks to be able to serve the entire city. Each truck shall have a driver and a sales person driving to places around the city with high traffic of people. Upon identifying a safe parking spot, the trucks will then be opened to sell food to the members of the public. Each truck will be fitted with food heating devices, and the food will be made from the kitchen at the premises. In order to ensure hygiene, the food shall be packed in treated containers that will only be unpacked at the point of sale. The company shall hire a chef to make the food with utmost professionalism. The food is meant to be highly nutritious, and so a nutritionist shall be consulted to work out the proportions of the food. The truck staff shall be trained on hygienic practices to ensure the food is not contaminated. In addition to that, there

VACUUM ASSIGNMENT Example | Topics and Well Written Essays - 2500 words - 1

VACUUM - Assignment Example were developed and used to meet the stringent demands on these semiconductor devices. However, the semiconductor films produced by these processes were not structurally equivalent t the bulk material and hence were not of device grade. The problem associated with vapor phase deposition processes was differential vapor pressure of different constituents. For example vapor pressure of Ga and As differs by as much as two orders of magnitude at temperatures useful for thin film deposition. Therefore, to achieve equal vapor pressure and hence equal flux of arrival of Ga and As on the substrate by thermal evaporation of separate As and Ga sources will require too stringent control on the temperature to be achieved [1]. Many research groups tried to overcome this limitation by innovative approaches. One remarkable approach by Collins et al [2] involved using two separate crucibles containing Ga and Sb to deposit films of GaSb onto a glass substrate by evaporating these substances. His basic idea was to exploit decrease in angular decrease in the flux and hence to place the substrate at an angular location with respect to the individual crucibles where the two atomic fluxes will be equal and hence a stoichiometric film will be produced. However, the films he could produce were polycrystalline. GÏ‹nter K. G. [3] tried to arrive at appropriate vapor ratio by control of the temperatures of the evaporating species and the substrate separately. However, he could also not produce quality ordered films. During those days (1960 s) it was not easy to characterize the condition of the substrate, the quality of the vacuum and the composition and crystallinity of the films. The researchers had to do electron-diffraction after growing the films and this was taking much longer. It was development of small mass spectrometers, auger electron spectroscopy and compact electron diffraction instruments which made it

Comparing two projects Research Paper Example | Topics and Well Written Essays - 10500 words

Comparing two projects - Research Paper Example rojects preceded from necessity but while the Gautrain project is a Public Private Partnership (PPP) between the province of Gauteng and the Bombela Consortium, the A380 is a flagship project of a company whose majority shares are owned by European governments under a â€Å"Contractual Partnership.† As a PPP, the Gautrain project was initiated by the Gauteng province, which provided the land and the accompanying pertinent legislations. On the other hand, concessionaire Bombela, the winning private concessionaire, took care of the rest - subcontracting various aspects of the works from the civil works, electrical and mechanical works, operations and maintenance to its various partners. The risks are therefore shifted from Gauteng to Bombela. Airbus, on the other hand, divided the work on the A380 among its several partners whose plants are located across the European continent in accordance with the latter’s specialisation; their finished products eventually transported to Airbus’ main headquarters in Toulouse, France for assembly work. The cost of production of the Gautrain was primarily shouldered by the private concessionaire while the A380 was shouldered alone by the airplane manufacturer partly from money loaned to it by the respective government partners unde r a â€Å"launch loan.† Of the nine provinces constituting South Africa (SA hereafter), Gauteng is the smallest with its area comprising a mere 1.4% of the entire area of the country. As can be seen from Fig. 1, Gauteng (in yellow) is located in the northeastern portion and is landlocked by four other SA provinces. Despite its area and inaccessibility to export and import terminals, Gauteng is the economic center of South Africa 1 and is home to most of SA’s corporate headquarters and financial sector located in the province. 2 It comprises three very important urban areas: Pretoria, the capital of South Africa where the national political government is located; Johannesburg, the capital of the

The Advantages & Disadvantages for Working at P&G Essay

The Advantages & Disadvantages for Working at P&G - Essay Example P&G is restructuring its product portfolio as part of a $10 billion cost-cutting plan. Nearly 100 brands that collectively generate revenue of $2.4 billion are likely to be divested (Kumar). P&G has 23 billion dollar brands in its portfolio which will be retained. The success of a brand restructuring program is to identify and weed out low performing brands and retain the cash cows. P&G is treading on the right path and therefore investors should feel encouraged. The leaner, trimmed down P&G is likely to be more focused, nimble and responsive to customer needs which will help the company in the long run. A.G. Lafley resumed the position of P&G’s CEO in 2013. He had been at the helm of P&G from 2000 to 2009. Thereafter, Bob McDonald steered the P&G ship for four years (Coolidge). Lafley returned as CEO to guide P&G out of the woods. He is presently overseeing a massive restructuring plan (Green). He is committed to reducing costs and increasing efficiency. Lafley’s leadership style is bound to make a profound difference for the business going forward. The incumbent CEO intends to  refocus on innovation; an attribute that helped P&G reach dizzy heights during his first tenure (Coolidge). Lafley is an astute strategist who is willing to take calculated risks. He believes in the philosophy that customer is the boss. Lafley’s assertiveness, creativity and infallible administrative ability have won him many accolades and awards (Ukessays.com). P&G offers job opportunities across functional areas, geographical territories and hierarchical levels. The company offers full-time and part-time jobs, temporary work as well internships. P&G scouts for people who are curious and innovative. People who are able to establish a rapport with other people are seen as potential employees. P&G hires agile people who are prepared to meet the challenges head-on. Employees having these traits mesh well with P&G’s organizational culture and help fuel future growth  of the company. The reasoning test checks the cognitive ability of the candidate.

Reflective journal on management skills Article Example | Topics and Well Written Essays - 250 words

Reflective journal on management skills - Article Example A manager ought to be both a leader and a motivator. Before acting, a manager ought to consider the adverse effects her actions will have on both the immediate task at hand and the organization at large. A manager must always remember that the greatest asset in the organization is the people working there. In this instant scenario, the lead counselor dismissed the counselor’s ideas in a contemptuous manner that showed an inadequate possession of ‘people skills’. This is why the event occurred. This event is a good learning experience as it showed me how not to deal with employees when I become a manager. Employees need to feel appreciated. Reflecting on the scenario above, I have come to realize that even though as a manager I will have the final say on whatever action has to be taken, I need to be a good listener. This is especially crucial when I am listening to input that I personally consider as being worth nothing. This will change the way I interact with my staff. I don’t have to reject an idea in a manner that will leave the employee feeling worthless. I can do it in a better way. I have realized that employees being human, I need to respect their emotions. LaMalfa (2007, pg1) observes that â€Å"research shows that emotionally connected employees are the best employees because they are engaged and productive, and they feel validated and appreciated†. I need to make my employees appreciated so that I may be a good team leader. To achieve this I need to be more open and receptive to ideas from others especially those I consider my subordinates. This is because I am not perfect and the best ideas sometimes come from ‘subordinates’. Developing a teamwork attitude is perhaps the best way to achieve this transformation as I will then be seeing myself as being part of such ideas and won’t feel intimidated when a subordinate proposes changes to my ideas or even better ideas than mine. LaMalfa, K., 2007, The

The Advantages & Disadvantages for Working at P&G Essay

The Advantages & Disadvantages for Working at P&G - Essay Example P&G is restructuring its product portfolio as part of a $10 billion cost-cutting plan. Nearly 100 brands that collectively generate revenue of $2.4 billion are likely to be divested (Kumar). P&G has 23 billion dollar brands in its portfolio which will be retained. The success of a brand restructuring program is to identify and weed out low performing brands and retain the cash cows. P&G is treading on the right path and therefore investors should feel encouraged. The leaner, trimmed down P&G is likely to be more focused, nimble and responsive to customer needs which will help the company in the long run. A.G. Lafley resumed the position of P&G’s CEO in 2013. He had been at the helm of P&G from 2000 to 2009. Thereafter, Bob McDonald steered the P&G ship for four years (Coolidge). Lafley returned as CEO to guide P&G out of the woods. He is presently overseeing a massive restructuring plan (Green). He is committed to reducing costs and increasing efficiency. Lafley’s leadership style is bound to make a profound difference for the business going forward. The incumbent CEO intends to  refocus on innovation; an attribute that helped P&G reach dizzy heights during his first tenure (Coolidge). Lafley is an astute strategist who is willing to take calculated risks. He believes in the philosophy that customer is the boss. Lafley’s assertiveness, creativity and infallible administrative ability have won him many accolades and awards (Ukessays.com). P&G offers job opportunities across functional areas, geographical territories and hierarchical levels. The company offers full-time and part-time jobs, temporary work as well internships. P&G scouts for people who are curious and innovative. People who are able to establish a rapport with other people are seen as potential employees. P&G hires agile people who are prepared to meet the challenges head-on. Employees having these traits mesh well with P&G’s organizational culture and help fuel future growth  of the company. The reasoning test checks the cognitive ability of the candidate.

Free

Free Space Optics Essay ABSTRACT: FSO may sound new and experimental but in fact it predates optical fiber and has its roots in wartime efforts to develop secure communication systems that did not require cable and could withstand radio jamming. FSO has been around for more than a decade, but it is only recently that interest in this technology has started to grow. Free Space Optics (FSO) communications, also called Free Space Photonics (FSP) or Optical Wireless, refers to the transmission of modulated visible or infrared (IR) beams through the atmosphere to obtain optical communications. Like fiber, Free Space Optics (FSO) uses lasers to transmit data, but instead of enclosing the data stream in a glass fiber, it is transmitted through the air. Free Space Optics (FSO) works on the same basic principle as Infrared television remote controls, wireless keyboards or wireless Palm ® devices. How Free Space Optics (FSO) Works Free Space Optics (FSO) transmits invisible, eye-safe light beams from one telescope to another using low power infrared laser in the terahertz spectrum. The beams of light in Free Space Optics (FSO) systems are transmitted by laser light focused on highly sensitive photon detector receivers. These receivers are telescopic lenses able to collect the photon stream and transmit digital data containing a mix of Internet messages, video images, radio signals or computer files. Commercially available systems offer capacities in the range of 100 Mbps to 2.5 Gbps, and demonstration systems report data rates as high as 160 Gbps. Free Space Optics (FSO) systems can function over distances of several kilometers. As long as there is a clear line of sight between the source and the destination, and enough transmitter power, Free Space Optics (FSO) communication is possible. [pic] Free Space optics (fso) technology Lasers are one of the most significant inventions of the 20th century they can be found in many modern products, from CD players to fiber-optic networks. A laser generates light, either visible or infrared, through a process known as stimulated emission. To understand stimulated emission, understanding two basic concepts is necessary. The first is absorption which occurs when an atom absorbs energy or photons. The second is emission which occurs when an atom emits photons. Emission occurs when an atom is in an excited or high energy state and returns to a stable or ground state – when this occurs naturally it is called spontaneous emission because no outside trigger is required. Stimulated emission occurs when an already excited atom is bombarded by yet another photon causing it to release that photon along with the photon which previously excited it. Photons are particles, or more properly quanta, of light and a light beam is made up of what can be thought of as a stream of photons. [pic] A basic laser uses a mirrored chamber or cavity to reflect light waves so they reinforce each other. An excitable substance – gas, liquid, or solid like the original ruby laser – is contained within the cavity and determines the wavelength of the resulting laser beam. Through a process called pumping, energy is introduced to the cavity exciting the atoms within and causing a population inversion. A population inversion is when there are more excited atoms than grounded atoms which then leads to stimulated emission. The released photons oscillate back and forth between the mirrors of the cavity, building energy and causing other atoms to release more photons. One of the mirrors allows some of the released photons to escape the cavity resulting in a laser beam emitting from one end of the cavity. Terrestrial Laser CommunicatIOns Challenges FogFog substantially attenuates visible radiation, and it has a similar affect on the near-infrared wavelengths that are employed in laser communications. Similar to the case of rain attenuation with RF wireless, fog attenuation is not a â€Å"show-stopper† for optical wireless, because the optical link can be engineered such that, for a large fraction of the time, an acceptable power will be received even in the presence of heavy fog. Laser communication systems can be enhanced to yield even greater availabilities by combining them with RF systems. Physical Obstructions Laser communications systems that employ multiple, spatially diverse transmitters and large receive optics will eliminate interference concerns from objects such as birds. Pointing Stability Pointing stability in commercial laser communications systems is achieved by one of two methods. The simpler, less costly method is to widen the beam divergence so that if either end of the link moves the receiver will still be within the beam. The second method is to employ a beam tracking system. While more costly, such systems allow for a tighter beam to be transmitted allowing for higher security and longer distance transmissions. Scintillation Performance of many laser communications systems is adversely affected by scintillation on bright sunny days. Through a large aperture receiver, widely spaced transmitters, finely tuned receive filtering, and automatic gain control, downtime due to scintillation can be avoided. FSO: Wireless, at the Speed of Light Unlike radio and microwave systems, Free Space Optics (FSO) is an optical technology and no spectrum licensing or frequency coordination with other users is required, interference from or to other systems or equipment is not a concern, and the point-to-point laser signal is extremely difficult to intercept, and therefore secure. Data rates comparable to optical fiber transmission can be carried by Free Space Optics (FSO) systems with very low error rates, while the extremely narrow laser beam widths ensure that there is almost no practical limit to the number of separate Free Space Optics (FSO) links that can be installed in a given location. How Free Space Optics (FSO) can help? FSO’s freedom from licensing and regulation translates into ease, speed and low cost of deployment. Since Free Space Optics (FSO) transceivers can transmit and receive through windows, it is possible to mount Free Space Optics (FSO) systems inside buildings, reducing the need to compete for roof space, simplifying wiring and cabling, and permitting Free Space Optics (FSO) equipment to operate in a very favorable environment. The only essential requirement for Free Space Optics (FSO) or optical wireless transmission is line of sight between the two ends of the link. For Metro Area Network (MAN) providers the last mile or even feet can be the most daunting. Free Space Optics (FSO) networks can close this gap and allow new customer’s access to high-speed MAN’s. Providers also can take advantage of the reduced risk of installing an Free Space Optics (FSO) network which can later be redeployed. The Market. Why FSO? Breaking the Bandwidth Bottleneck Why FSO? The global telecommunications network has seen massive expansion over the last few years. First came the tremendous growth of the optical fiber long-haul, wide-area network (WAN), followed by a more recent emphasis on metropolitan area networks (MANs). Meanwhile, local area networks (LANs) and gigabit ethernet ports are being deployed with a comparable growth rate. In order for this tremendous network capacity to be exploited, and for the users to be able to utilize the broad array of new services becoming available, network designers must provide a flexible and cost-effective means for the users to access the telecommunications network. Presently, however, most local loop network connections are limited to 1.5 Mbps (a T1 line). As a consequence, there is a strong need for a high-bandwidth bridge (the â€Å"last mile† or â€Å"first mile†) between the LANs and the MANs or WANs. A recent New York Times article reported that more than 100 million miles of optical fiber was laid around the world in the last two years, as carriers reacted to the Internet phenomenon and end users’ insatiable demand for bandwidth. The sheer scale of connecting whole communities, cities and regions to that fiber optic cable or â€Å"backbone† is something not many players understood well. Despite the huge investment in trenching and optical cable, most of the fiber remains unlit, 80 to 90% of office, commercial and industrial buildings are not connected to fiber, and transport prices are dropping dramatically. Free Space Optics (FSO) systems represent one of the most promising approaches for addressing the emerging broadband access market and its â€Å"last mile† bottleneck. Free Space Optics (FSO) systems offer many features, principal among them being low start-up and operational costs, rapid deployment, and high fiber-like bandwidths due to the optical nature of the technology. Broadband Bandwidth Alternatives Access technologies in general use today include telco-provisioned copper wire, wireless Internet access, broadband RF/microwave, coaxial cable and direct optical fiber connections (fiber to the building; fiber to the home). Telco/PTT telephone networks are still trapped in the old Time Division Multiplex (TDM) based network infrastructure that rations bandwidth to the customer in increments of 1.5 Mbps (T-1) or 2.024 Mbps (E-1). DSL penetration rates have been throttled by slow deployment and the pricing strategies of the PTTs. Cable modem access has had more success in residential markets, but suffers from security and capacity problems, and is generally conditional on the user subscribing to a package of cable TV channels. Wireless Internet access is still slow, and the tiny screen renders it of little appeal for web browsing. Broadband RF/microwave systems have severe limitations and are losing favor. The radio spectrum is a scarce and expensive licensed commodity, sold or leased to the highest bidder, or on a first-come first-served basis, and all too often, simply unavailable due to congestion. As building owners have realized the value of their roof space, the price of roof rights has risen sharply. Furthermore, radio equipment is not inexpensive, the maximum data rates achievable with RF systems are low compared to optical fiber, and communications channels are insecure and subject to interference from and to other systems (a major constraint on the use of radio systems). Advantages A free space optical (FSO) system offers a flexible networking solution that delivers on the promise of broadband. Only free space optics or Free Space Optics (FSO) provides the essential combination of qualities required to bring the traffic to the optical fiber backbone – virtually unlimited bandwidth, low cost, ease and speed of deployment. Freedom from licensing and regulation translates into ease, speed and low cost of deployment. Since Free Space Optics (FSO) optical wireless transceivers can transmit and receive through windows, it is possible to mount Free Space Optics (FSO) systems inside buildings, reducing the need to compete for roof space, simplifying wiring and cabling, and permitting the equipment to operate in a very favorable environment. The only essential for Free Space Optics (FSO) is line of sight between the two ends of the link. âž ¢ Freedom from licensing and regulation leads to ease, speed and low cost of deployment. âž ¢ Since FSO units can receive and transmit through windows it reduces the need to compete for roof space, simplifying wiring and cabling. âž ¢ Only need is the line of sight between the two ends of the link. âž ¢ Providers take advantage of the reduced risk in installing FSO equipment, which can even be re-deployed. âž ¢ Zero chances of network failure. âž ¢ Virtually unlimited bandwidth. APPLICATIONS âž ¢ Metro network extensions – FSO is used to extend existing metropolitan area fiberings to connect new networks from outside. âž ¢ Last mile access – FSO can be used in high-speed links to connect end users with ISPs. âž ¢ Enterprise connectivity The ease in which FSO can be installed makes them a solution for interconnecting LAN segments, housed in buildings separated by public streets. âž ¢ Fiber backup FSO may be deployed in redundant links to backup fiber in place of a second fiber link. âž ¢ Backhaul – Used to carry cellular telephone traffic from antenna towers back to facilities into the public switched telephone networks. Free Space Optics (FSO) Challenges The advantages of free space optical wireless or Free Space Optics (FSO) do not come without some cost. When light is transmitted through optical fiber, transmission integrity is quite predictable – barring unforeseen events such as backhoes or animal interference. When light is transmitted through the air, as with Free Space Optics (FSO) optical wireless systems, it must contend with a complex and not always quantifiable subject the atmosphere. âž ¢ Fog and free space optics (fso) âž ¢ Physical obstructions and free space optics (fso) âž ¢ Free space optics (fso) pointing stability – building sway, tower movemen t âž ¢ Scintillation and free space optics (fso) âž ¢ Solar interference and free space optics CONCLUSION FSO enables optical transmission of voice video and data through air at very high rates. It has key roles to play as primary access medium and backup technology. Driven by the need for high speed local loop connectivity and the cost and the difficulties of deploying fiber, the interest in FSO has certainly picked up dramatically among service providers worldwide. Instead of fiber coaxial systems, fiber laser systems may turn out to be the best way to deliver high data rates to your home. FSO continues to accelerate the vision of all optical networks cost effectively, reliably and quickly with freedom and flexibility of deployment. REFERENCES 1)http://en.wikipedia.org/wiki/Free-space_optical_communication 2)http://www.freespaceoptics.org/freespaceoptics/default.cfm 3) http://www.freespaceoptic.com/

The Ultimate Goal Of JIT

The Ultimate Goal Of JIT JIT is a Japanese concept. Also called the Toyota production system, it aims at producing the necessary parts in quantities needed, at the time they are required. The ultimate goal of JIT is to eliminate inventory, to have minimal work in process inventory monitored by reduction in working capital. JIT considers 7 types of wastes. Overproduction producing more than the customer needs Transportation Anywhere where goods are moved within a process Waiting where waiting time occurs, traditionally where one process waits for another to finish before it can start. Inventory typified by stock or materials that are not being used in the process or current activity. Motion Poor planning and organizational layout often cause motion waste Over processing where steps occur in the production process that do not add value to the end customer this is termed overproduction Defects The process results in an error or requires rework JIT divides all works into value adding and non-value adding activities and then eliminates all non value adding activities. Kanban is one means through which JIT is achieved. It is a scheduling system that tells you what to produce, when to produce it, and how much to produce Poka-yoke is a Japanese term that means fail-safing or mistake-proofing. Its purpose is to eliminate product defects by preventing, correcting, or drawing attention to human errors as they occur. Autonomation describes a feature of machine design to affect the principle of jidoka. At Toyota this usually means that if an abnormal situation arises the machine stops and the worker will stop the production line. Kaizen refers to the philosophy or practices that focus upon continuous improvement of processes in manufacturing, engineering, supporting business processes, and management. Literature review Weiters (1984) in one of the first literatures on this topic states that Financial justification of JIT in service industries is less likely but in service industries JIT offers intangible benefits in terms of improved service quality and customer satisfaction.(cited by Inman and Mehra 1990) Benson (1986) was the first to point out Service operations are organised systems of production processes with the same potential of improvement through implementation of JIT precepts as manufacturing operations Cited by Duclos et. al. 1995 Berling and Geppi (1989) studied the supply chain of healthcare sector and offered JIT as an approach to hospitals in order to reduce inventory. They suggested closer relationships between hospitals and distributors. Billesbach and Schniederjans (1989) present a case study on JIT application in an administration setting. The case was on a big corporation and JIT programme was implemented in the headquarters of this corporation. Their approach was based on examining activities and the ones not contributing to result to be eliminated. Inman and Mehra (1990) had worked on FedEx. This package delivery company implements JIT to reduce their inventory of quasi-MRO goods (mainly packaging, labelling supplies).aimed at improving their service quality and competitiveness through implementation of JIT and anticipated that inventories would be reduced as a result. Lee (1990) presents a case study of a small bank. Study is focused on this banks loan approval process. Bank follows a two phase process and first evaluates the applications and makes the decision of lending in second phase. This process usually takes 12 days. Applying JIT approach whole process is redesigned and several tasks are unified. New approval process takes 4-5 days. Wasco et. al.( 1991) presents a case Kodaks quality assurance division. This division provides services to worldwide chain of Kodak. An MRP II system is implemented with JIT approach and conclusion of the study is JIT techniques enhance the potential of MRP application. One of the most radical case studies is presented by Barlow (2002). He investigates the applicability of JIT techniques to hotel industry. Weakness of this study is it concentrates on liquor stocks of these hotels and draws conclusions on if statements and these hotels actually do not adopt any JIT techniques. Ruiz (2003 pp.1) JIT focuses on the process, not product. Therefore it can be applied (in theory) to any group of processes, whether manufacturing or service. Ultimate goal of JIT is to produce a good and a service without waste Literature on the matter quite confidently states that JIT can be applied in services and through reported case studies evidence is provided. JIT applications in service industries are vague in some sense. There are no empirical studies and reported case usually resembles manufacturing setting. Service operations management evolution How to implement JIT in services? A philosophy of manufacturing excellence based on pursuit of the planned elimination of all waste and consistent improvement of productivity. It encompasses the successful execution of all manufacturing activities required to produce a final product from design engineering to delivery and including all stages from conversion of raw material onward (APICS, 1992). Total visibility of equipment, people, material and processes; Synchronization and balance of production to sales and supply to production; Respect for people Line operators is responsible for production, problem solving and improvement; Flexibility adapt production to customer needs; Continuous improvement never satisfied with the process; Responsibility for the operations environment those who design, manage and operate the processes are responsible for the outcome; Holistic approach companywide philosophy of elimination of waste; Each of these JIT themes may be applicable to service organizations; Synchronization and balance of information and work flow matching output with customer demand one of the important aspects of service operations often cannot inventory the output of their processes making balance even more vital Semantodontics, a direct marketing company selling nationwide by catalogue to dentists, also found JIT an appropriate approach for reducing the time to process paperwork (Conant, 1988) and, hence, the time required for a dentist to receive an order. The idea of making lot sizes as small as possible was implemented by decreasing the batch size in which telephone orders were aggregated. As a result, telephone orders were moved to the second stage of the process three times daily rather than once a day, as was the previous norm. Set-up time for entering new customer records was reduced by moving the process to the original telephone operation where the data were first gathered. The decrease in order batch size had a behavioural impact on employees as well. From the sense of satisfaction gained on completion of multiple small batches, employees tended to work faster and more efficiently. Atlantic Envelope Company uses kanban trays at its Atlanta facility to move documents within the order entry department. Order entry time fell to under a day from a previous uncertain number of days. Total visibility of all components of the process Northern Telecom Inc.s (NTI) Customer Service Centre borders the traditional manufacturing environment (Savage-Moore, 1988) and the implementation is a good example of providing visibility through the use of work cells. This unit of NTI has the labour-intensive responsibility of repairing printed circuit packs (PCPs). For an individual PCP, it is difficult to predefine the specific repair process required, not unlike a job shop environment. The work cell concept was applied to keep all work on a PCP performed within a single cell and by one team of employees. This provided all employees repairing a PCP with visibility as to the repair needs and processes used to repair the product. Additionally, employees were cross-trained to staff the cells and jobs were redefined to recognize employee training efforts. Over a two-year period, NTI saw customer service levels increase from 85 per cent to 100 per cent and quality levels significantly improved. Work-in-progress inventory was reduced b y 75 per cent and repair cycle times reduced from one week to less than 48 hours. Continuous improvement of the process The Manufacturing Quality Assurance Organization at Kodak in Rochester, New York provides specialized services in the form of sample testing of photographic film, chemical and environmental testing, equipment development and calibration control. JIT precepts were introduced to provide a framework for involving the entire organization in continuous improvement (Wasco et al., 1991). Fifty JIT cells were established to start the JIT delivery of products or services based on functional precepts. JIT activities were used to reduce work-handling steps and run times. Improvements through JIT techniques saved an average of $33,000 per month in 1990. Holistic approach to elimination of waste suppliers Few suppliers; Nearby suppliers; Repeat business with same suppliers; Active use of analysis to enable desirable suppliers to become/stay price-competitive; Clusters of remote suppliers, competitive bidding mostly limited to new part numbers; Buyer plant resists vertical integration and subsequent wipe-out of supplier business; Suppliers are encouraged to extend JIT buying to their suppliers; Quantities: Steady output rate (a desirable prerequisite); Frequent delivery in small quantities; Long-term contract agreements; Minimal release paperwork; Delivery quantities variable from release to release, but fixed for whole contract term; Little or no permissible overage or underage of receipts; Suppliers encouraged to package in exact quantities; Suppliers encouraged reducing their production lot sizes (or store unreleased material); Quality: Minimal product specifications imposed on supplier; Help suppliers to meet quality requirements; Close relationships between buyers and suppliers quality assurance people; Suppliers encouraged to use process control charts instead of lot sampling inspection; shipping: Scheduling of inbound freight; Gain control by use of company-owned or contract shipping, contract warehousing, and trailers for freight consolidation/storage where possible instead of using common carriers. Flexibility in the use of resources Bookbinder and Locke (1986) present a model to determine if JIT distribution methodology is a feasible alternative to traditional distribution methods. They investigated the behaviour of two different distribution models for JIT organizations. In the first, a factory-warehouse-retailer distribution system, the warehouse holds stock. In the second, stock moves from factory directly to retailers. The models were compared using statistical tests, and the second model was determined to be the superior distribution system because it furnished essentially the same service level to retailers while carrying one less echelon of stock. Another mathematical model is offered by Ramasesh (1990) for the implementation of JIT techniques in purchasing systems that have not yet advanced to the ultimate level of JIT purchasing (lot size of one). He treated the fixed costs associated with the adoption of JIT as investment, and justified it based on the savings generated using any of the techniques of investment analysis. He modified the traditional economic order quantity model to include explicitly the costs of small-lot shipments. He also provided guidelines and formulae for determining the order quantity and the optimal number of shipments. Case studies DHL- impact of JIT The founders began to personally ship papers by airline from San Francisco to Honolulu, beginning customs clearance of the ships cargo before the actual arrival of the ship and dramatically reducing waiting time in the harbour. With this concept, a new industry was born: international air express, the rapid delivery of documents and shipments by airplane. DHL network continued to grow at an incredible pace. The company expanded westward from Hawaii into the Far East and Pacific Rim, then the Middle East, Africa and Europe. By 1988, DHL was already present in 170 countries and had 16,000 employees. The different business units of the company are DHL Express DHL Freight DHL Global Forwarding DHL Exel Supply DHL Global Mail The process above mentioned was improved using JIT with following ways Inventory Management Concerning Services For instance, in the case of DHL, vehicles, bicycles and other assets that facilitate service delivery must be accounted for, serviced, ready and available to be used for work purpose. Quality Management Concerning Services Tangibles Reliability Responsiveness Competence Courtesy Access Supplier Relations Concerning Services Human Resource Management Concerning Services JIT in retail The key principles of JIT in any system are: No wastage, Total visibility, and Flexibility in the use of human and material resources In any environment these principles translate into three simple rules: dont start any work unless the demand signal indicates a need for more material; if the demand signal indicates a need, work to fill that need; and, never exceed the queue-size limit Automatic Replenishment Systems (ARS) is also an example of application of JIT in retail. JIT in Indian service industry A survey was done on the Indian service industry. The data was collected from the selected service industries and analyzed. The results of degree of importance are given in the table The most important element recognized by the Service industries was waste reduction (mean=0.8929). The least important element was JIDOKA (mean=0.5625). The elements of the study are mentioned in appendix table 1 JIT in hospitals Most research in the health care industry has been directed toward process and information system improvements. Generally, service environments such as health care are likely candidates for JIT if their operations are repetitive, have reasonably high volume, and deal with tangible items such as mail, checks, bills or letters. In hospitals, there is a vital department named CSSD (Centre for Sterilization Service department), the functions of which include materials management, instruments reception, washing, packing and sterilization, sterile store, instruments distribution As an illustration a previous supplier model can be analysed And compared with an improved model, which centralises and streamlines the supply chain JIT in administrative setting JIT practices and their effect on quality can be analysed Human elements of JIT Steps in implementation of JIT in service industry Eliminate disruptions in work of the employees and make the service system flexible and train the workers to handle more variety. reduce set-up time and eliminate waste including errors and duplicate work and minimise work-in process e.g. Packages waiting to be delivered, calls waiting to be answered, pending orders to be processed, trucks waiting to be loaded/unloaded Generally, service environment may benefit from jit system if the operations are repetitive, have high volume, and deal with tangible items e.g. Sandwiches, mail or bills services must involve manufacturing like operation Consistently high quality service employees can be taught the value of providing defect free services uniform facility loading reservation systems and differential pricing are ways to level the load on the facilities standardised work methods high efficiencies achieved by analysing work methods and standardising Close supplier ties volume services such as fast-food joints and mass merchandisers require close supplier contacts to ensure frequent short lead time and high quality shipment of supplies Flexible work force greater the customisation in the service, greater is the need for a multi-skilled workforce e.g. Electronic repair shops needing wider experienced workforce to diagnose the problems and repair the defects Line flow strategy mangers can recognise their employees and equipment to provide uniform flows through the system, and eliminate wasted employee time e.g. Banks use this system in their cheque processing operations Process improvement and problem solving can contribute to streamlining a system, resulting in increased customer satisfaction, and higher productivity e.g. Self service system including retail operations, ATM, vending machines, service stations etc which is the ability to provide services when required simplify the process, especially when customers are part of the system jit services , if achieved , can be a major competitive advantage for companies A Framework Appendix Table 1:

The Great Starvation of Ireland :: essays papers

The Great Starvation of Ireland I.The starvation in Ireland: 1845-1852 Over the years, the people of Ireland have suffered many hardships, but none compare to the devastation brought by the Irish potato famine of 1845-1857. A poorly managed nation together with ideally wicked weather conditions brought Ireland to the brink of disaster. It was a combination of social, political and economic factors that pushed it over the edge. After a long wet summer, the potato blight first appeared in Wexford and Waterford in September of 1845. The phytophora infestans were carried in on ships from Europe and America. Less than a year later, in August of 1846, virtually the entire potato crop in Ireland had been destroyed. The following winter became unbearable for the already starving nation. The westerly winds, which usually brought warmer air, failed, letting cold conditions from Scandinavia and Russia overtake the island of Ireland. The effects of malnutrition from starvation combined with the unusually cold temperatures aided in the spread of disease and ultimately death among the nation of Ireland. Starvation, respiratory disease, typhus epidemics, cholera, dysentery, scurvy, and deficiencies in vitamin A, all contributed to the loss of over a million Irishmen over a seven-year period. The practice of medicine at the onset of the blight was extremely inadequate. Ireland had only 39 infirmaries; this transla ted into one clinic for every 366,000 people. When looking at these numbers, one can easily understand why so many perished. Many of the deaths during the famine were never recorded, because of this the death toll may never be known. The number of deaths related to starvation is estimated to range from one to one and a half million people. According to Don Mullan, 200-300 mass graves were discovered, and in each grave over 1,000 bodies were identified. The infant mortality rate in some areas reached 50%. It was mainly the deaths of babies and children were the ones that often went unrecorded. The beginnings of the starvation are said to be a â€Å"biometeorological phenomenon,† however, the British reacted in a sociopolitical manner. Relief from the British government was slow and insignificant. The economic policies that existed were unhelpful and the British Parliament refused to make adjustments to provide for a national disaster. No free food was offered to the starving people as long as there was food for sale.

client vs snow in august :: essays research papers

Character Development Comparison/Contrast (BR 2)   Ã‚  Ã‚  Ã‚  Ã‚  One traumatic experience can alter the course of one’s life. In Snow in August, the main character sees a brutal beating by the local bully, and from then on he is forced to live in fear by never saying a word about what had happened. In The Client, almost the same conflict, the main character witnesses and is told valuable information from a lawyer, who mob ties, and commits suicide. With this he is also marked for death by the mobsters to ensure his silence. Perhaps the saying â€Å"being at the wrong place and the wrong time† got these two characters in a heap of trouble.   Ã‚  Ã‚  Ã‚  Ã‚  In Snow in August, Michael changed when him and his mother were attacked by Frankie and the Falcons. They held Michael down and made him watch his mother get raped by Frankie. Michael fought his hardest but couldn’t break loose. He said â€Å"hurt me, it has nothing to do with my mother.†(217) This showed Michaels bravery and respect. He repeated to shout â€Å"I won’t tell no one, please stop.† He would do anything to save his mother. Michael was never the same after that incident. He was in shock and would not leave his apartment building. He stopped meeting with the Rabbi, being an alter boy, and reading comic books. What happened to his mother traumatized him.   Ã‚  Ã‚  Ã‚  Ã‚  In the second book I read, The Client, the young boy changes after he is threatened with a knife to his neck by someone in the mob, to stay silent. Before that, Mark, the young boy, was a joker and wasn’t really serious about anything. The terrible incident between him and the guy in the mob changed Mark. He was now extremely terrified and confused. He couldn’t trust anyone with the information he withheld. He decided to stay quiet and not to show his feelings. He was not joking or playing around anymore. This was a matter of life or death. In court he said â€Å" I plead the 5th,† which meant he wouldn’t tell the judge anything. He was thinking about himself and his family, and how if he says a word he will be killed.   Ã‚  Ã‚  Ã‚  Ã‚  These two books are connected for the reason that in both of these books a young boy holds information that will decide the fate of their life. Each boy saw something that they weren’t supposed to and were getting punished for it.

Ethical Issues in India Essay

For Subject Business Ethics & Corporate Governance 2G Spectrum Scam We have had a number of scams in India; but none bigger than the scam involving the process of allocating unified access service licenses. †¢It is Rs.1.76-lakh crore worth of scam. The amount is approximately 2% of national GDP or 1/3 of current tax revenue of India. It is also equals to annual income of telecom service sector. †¢The former Telecom minister A Raja who according to the CAG, has evaded norms at every level as he carried out the dubious 2G license awards in 2008 at a throw-away price which were pegged at 2001 prices. Beneficiaries: Reliance Communication allegedly had stake 10.7% of in swan telecom.But according to rule a telecom operator cannot own more than 10% stake in another telecom operator company operating  in  same  area. Unitech had no experience in telecom sector but according to rule the license should be given to those who have experience in telecom sector. They got license for throw away price of Rs. 1661 crore. It sold its 60% stake to Telenor at Rs. 6200 crore. Swan Telecom got license for Rs. 1500 Crore.it sold 45% stake to UAE based Etisalat at Rs. 9800  crore. Swan  Telecom  had  no  experience  in  telecom  sector. Other beneficiaries include Datcom solution, Loop Telecom, Tata teleservice, STel ltd, Idea cellular & spice communication. Ethical issues: With outbreak of 2G scam following ethical issues on the part of Government, Regulatory bodies, Media & industry came into forefront. Governance: Spirit of collective responsibility not conserved.  Seemed like throwback to the license raj era. Regulation: Toothless with only advisory powers. Insufficient manpower worsens the situation  Appointment process aid conflict of interests  Proper decentralization of powers & implementation of existing rules may have prevented this scam. Media should understand its responsibility towards people of India. Adequate power & resources should make available to regulatory bodies. Common Wealth Games Fraud The Delhi Common Wealth Games (CWG) investigations by Central Vigilance Commission (CVC) revealed irregularities and fraudulent practices adopted by the organization committee members.  The estimated figure for misappropriation of funds is Rs 8000 crore (Rs 80,000 million). The investigations have recently commenced and the problems reported are as follows. †¢ Purchase contracts signed with varying rates for the same product †¢Prices over-inflated in some contracts †¢Contracts given to relatives and friends †¢Sub-standard products purchased †¢Vendor payments made without confirming quality and delivery †¢Payments made to non-existent vendors The organization committee members ignored the Prevention of Corruption Act and government procedures for contracts and tenders. Ethical issues: From the perspective of purchasing process, the following ethical issues are apparent: †¢ Improper and inadequate vendor selection and evaluation procedures were followed. †¢Conflict of interest was not disclosed while signing contracts with related parties. †¢Tenders were not given to bidders quoting lowest price of the product. †¢Vendors did not deliver the contracted quality and quantity as per the delivery schedule. †¢Vendors were not penalized for sub-standard quality or late delivery. †¢Vendor payments were not linked to delivery of products or completion of deliverables. †¢There was no segregation of duties. The same officials authorized the contract and approved payments. An independent evaluation of contracts by risk managers may have prevented misappropriation of funds. A periodic audit by government agencies could have highlighted these issues at an earlier stage. As Comptroller and Auditor General (CAG) group is required to conduct periodic audits of all government expenses, it is surprising that these issues were not discovered earlier. This clearly indicates miss-utilization of public funds. Adarsh Scam A tall building is built in Colaba area of mumbai just adjacent to lands of Indian navy, now as per navy this building is security threat for its assets and as per law it is illegal to build such structures near defence land. Now another issue is that the land on which the Adarasha society ( building) has been built is allocated for relocation of families of Kargil war Martyrs. but thing happened is that the society was granted permission under name of Kargil war heroes and most of the flats were allocated to relatives of maharashtra ministers Now from looking to a facts it gives impression that biggest culprits in this scam are ministers of maharashtra who sanctioned the permission, bureaucrats who had sufficient money to purchase flats in the society on the name of their relatives, So overall looking scam is result of joint Venture of bureaucracy and politicians of Maharashtra. Ethical issues: †¢Why objection is taken after completion of building and not during the building was being built? †¢Power to give land at discounted rate should be more transparent. Government should bring more transparency in process of giving land at discounted rate. They should monitor whether housing societies or organizations are following rule applicable to them. ‘Adarsh scam’ in Pune Details of another land scam have surfaced from Pune in which high ranking army, police, civil, transport and urban land department officials had joined to grab houses in what was meant to be a defense society. Documents in possession of TIMES NOW prove that Defense Personnel Housing Society (DPCHS), which was supposed to house Kargil war widows, has illegally been sold off to bureaucrats. The list of allottees in this society also includes the personal secretaries of former Maharashtra Chief Minister Vilasrao Deshmukh and Narayan Rane. The DPCHS, which was formed by defense personnel, had applied to the district collector for allotment of land for a housing society in 2003. In response, the government had allotted 1.86 hectares in Lohegaon. In 2003 the society was alloted the land which was meant for Kargil war widows. However, in 2010 the society filed a fresh list of allottees 100 of which included bureaucrats. The Pune collector has cracked down on the society and ordered an inquiry into the irregularities. Ethical issues: †¢The DPCHS was fromed for defense personnel. At present it has 200 members. Nearly 50 per cent of the members are employees at various government departments. †¢Power to give land at discounted rate should be more transparent. Government should bring more transparency in process of giving land at discounted rate. They should monitor whether housing societies or organizations are following rule applicable to them. The loan scam The economic offences wing of the Central Bureau of Investigation on unearthed a major fake housing loan racket and arrested eight officials from various banks on graft charges. CBI arrested CEO of LIC Housing Finance Ramachandran Nair and seven others senior bankers in connection with a housing finance racket. Apart from Nair, those arrested are Naresh K Chopra, Secretary (Investment), LIC, R N Tayal, General Manager of Bank of India (Delhi), Maninder Singh Johar, Director (Chartered Accountant) of Central Bank of India, Venkoba Gujjal and Dy General Manager of Punjab National Bank (Delhi). Rajesh Sharma, CMD of Mumbai based firm Money Matters Ltd and two of its employees Suresh Gattani and Sanjay Sharma were among those arrested. The bank officials allegedly colluded with the firm to sanction large scale corporate loans, overriding mandatory conditions for such approvals along with other irregularities. The Finance Ministry said it would explore the possibility of instituting a departmental inquiry into the housing finance racket that led to arrest of senior officials of the LIC Housing Finance and public sector banks. The CBI has alleged that Naresh Chopra, secretary (investment) LIC, had assured Rajesh Sharma of Money Matters that he would â€Å"disfavour the proposal of DB Realty, which had approached it for a loan through some other agent.† Subsequently , DB Realty approached Money Matters and got a loan worth Rs 200 crore sanctioned and disbursed within four months. Ethical issues: †¢Role of intermediaries such as money matters is suspicious in entire scam. †¢Too much power in the hands of a very few. There should be greater transparency in giving loan by financial institutes. there is need to destroy such rackets in financial institutes & banks. Air India charged double fare to rescue Indians in Egypt. The 320 Indians who were evacuated on the special Air India (AI) flight had to pay more than double the cost of a single ticket from Cairo to Mumbai. A one-way ticket in this sector averages at Rs 17,000-20,000, but stranded travelers said they had to pay Rs 45,000 before they were assured of a seat on the AI 160 flight to Mumbai. For a few people, the fare was as high as Rs 55,000. Tourists and honeymooners, many of whom were on a budget and did not have access to immediate funds, were the worst hit. Many fliers complained that they had to pay cash on the spot to be able to procure a flight ticket. AI flight was a boon because our earlier flight had been cancelled. But they had to pay double money on the spot to get on the plane. At the end of a holiday, most people do not have so much cash in hand. Ethical issues: †¢AI took undue advantage of Emergency situation. †¢Air India should understand the responsibility towards Indians. There should be transparency in fare of airlines especially during time of emergency. Rs.300 Crore Citibank Fraud Mr. Shivraj Puri, an employee of Gurgoan branch had siphoned of money from 40 high networth investors (HNI) amounting to Rs 400 crore. Mr. Shivraj Puri is a Senior Relationship Manager in Citibank Gurgoan branch. He used a forged notification of Securities & Exchange Board of India (SEBI) stating that few select clients would earn higher returns (18% to 20%) if they invested in his suggested schemes. He invested the money obtained from HNI in the stock market in his personal capacity over a period of few months. He invested money in share market through brokage firms Religare and Bonanza the main client affected by the fraud is Hero Honda group and the amount diverted is to the tune of Rs 200 crore (USD 44.67 million).  Mr. Sanjay Gupta, Assistant Vice President in the accounts office of Hero Corporate Services have formed two finance companies BG Finance and G2S Consultancy and diverted Hero group promoter funds in these two companies. These funds were then fraudulently invested by Mr. Shivraj Puri of Citibank. Mr. Sanjay Gupta has allegedly taken Rs 20 crore (USD 4.46 million) as commission from Mr. Shivraj Puri for diverting these funds. It is suspected that Mr. Sanjay Gupta was aware of the forged SEBI letter but recommended the investment to a number of people. Ethical issues: †¢Lack of control and supervision on the activities of the Relationship Manager. †¢Religare and Bonanza should have questioned the source of funds of Mr. Puri as he is a salaried employee. †¢The fraud department was alerted by the customer complaints. This raises questions on fraud detection and monitoring procedures implemented at the bank. Banks & financial institutes should monitor suspicious transactions with special emphasis on HNI accounts. There should be adequate control over relationship managers activities. India’s latest rice scam involves Rs 200,000 crore The latest of the scam series in India, the UP rice scam could be the biggest of them all, even outdistancing the so called 2G Spectrum scam. According to reports, a huge stock of food grain meant for distribution under the Antyodaya, Annapurna and Mid-Day Meal schemes was smuggled outside the state and even the country to Bangladesh, Nepal and other nations. It is believed that top officials of the state as well as the central government colluded to divert the food grain between 2001 and 2007. The scam involves goofing up of rice worth Rs 200,000 crore. It was a scam that stretched to almost 7 years and 300 FIRs. The scam was reported in Uttar Pradesh in the period when Samajwadi Party leader Mulayam Singh Yadev was the chief minister of the UP. This food grain was for poor people either free or at highly subsidies rate. Ethical issues: Food grains meant for poor had been smuggled into the open market and also into the neighboring countries and none of that could have happened without the involvement of higher authorities. Transportation by goods trains to far off corners of the country indicated that smuggling happened in collusion with different authorities. No action was taken in last 10 years. Distribution system of food grain for poor people should be more transparent. it should be more accountable. It is necessary to break such rackets in public distribution system to avoid national loss. Proper use of technology such as GPS tracker, RFID tag can make distribution more efficient. There is need for frequent checks.