A Personal Assessment Using Self-Assessment Inventories Essay

A Personal Assessment Using Self-Assessment Inventories - Essay ExampleIt is recrudesce to accept those differences and use them towards my advantage (i.e. in coming up with interrupt solution to problems) instead of high-flown a rigid code of conduct. People with low tolerance to ambiguity also tend to film use of stereotypy, which I think is a negative way of analyzing citizenry, ideas, or actions.My scores in the subscales chance on that the major source of intolerance for me is complexity, which is by far greater than my scores for novelty and insolubility. I do not fully agree with this result because I feel that I am comfortable with complexity. I feel the results for this subscale cannot be applied to all razzuations in my life as a formula, but I am not discounting the possibility that this may only mean that I am just less(prenominal) tolerant to ambiguity when the situation seems to be composed of elaborate and intricately interconnected parts.The Locus of nurse tes t shows whether I believe the outcomes of my actions depend on what I do or on factors beyond my control. Since I got a low score (and indeed, it is even lower than the comparison data), this indicates that I have an infixed rather than external control. I agree with this explanation and the test has been instrumental in making me infer that my attitude towards the forces responsible for the outcomes of my actions has been responsible for many of successes (as well as failures) in my life. I believe that blaming people other than yourself for your miseries is not only self-defeating, it hinders you to succeed and take control of your life. While I think helping does play some part on some peoples success, I am not the type to sit around and wait for Lady Luck to call. I believe that the best way to succeed is to make up for it-that way too, I can have control over the direction of my life. I believe that this attitude go out lead me to become happier and more fulfilled. Cognit ive StylesThe Cognitive Styles test has affirmed that I am an intuitive rather than a sensing person. My Intuition scores far outweigh that of my Sensations, 7 to 1. This explains why I seem to prefer subjects that require complex and comprehensive understanding rather than those that appeal to the senses. I prefer to take in information through imagination rather than by details and facts. When perceiving my surroundings and gathering information, I prefer to explore different possibilities, rather than settle on a concrete set of rules. I now realize that this is the reason why I tend to do better in essay-type examinations rather than multiple choice/fill-in-the-blank type ones. I am also adept in finding symbolic representations in my surroundings-sometimes when I am walking my dog in the park, I will suddenly be struck with a sense of nostalgia-a single falling leaf can provoke poetic imagery in my mind. As to whether I am a thinking or perception person, my test scores tied in both areas. Since I am male (and am then traditionally predisposed to being a thinker rather than a feeler), results suggest that I am more of a feeler. I concur with this conclusion mainly because I feel that I am more in touch with my emotions than the average man. While it can

Retirement Gamble Movie Review Example | Topics and Well Written Essays - 500 words

Retirement Gamble - Movie check out ExampleThere is an important concept that is brought about in the video concerning the availability of actively managed silver that are worthy the value of investors capital. The authors argue that there are no actively managed cash in hand that post add value to the investors investments. I disagree with the argument because there are several beneficial actively managed funds in the market. Moreover, Christine Marcks, the head of Prudential Retirement, argues that she is not aware of both research findings showing the advantages of low-down cost index investments over the high cost active management. The general public needs to be made aware that the task of finding and determining whether the actively managed funds are worthy the investors money should lie under the responsibility of investment accountants. Research shows that one third of Americans do not invite any retirement saving plans. Nevertheless, half of the American population t hink that they cannot save enough funds for their retirement. These findings show how uninformed many employees are. There is the need to have investment consultants who will enable the investors to guide the best retirement saving plans to suit their needs. However, it has not addressed the following question is there any single 401 (k) plan that investors can rely on? This question is important because it will help in solving the current problems facing employees rather than blaming the financial industries for taking too much money from investors piece offering little value in return.

Business Environment 1 Assignment Example | Topics and Well Written Essays - 1250 words

Business Environment 1 - Assignment ExampleFor instance, one individual forms sole proprietorships and the possessor incurs all the liabilities of the business. Two or much persons can form partnership while limited obligation partnerships have a limited liability. Joint ventures are formed between two or more organisations for the purpose of undertaking a specific project or realizeing benefits from sharing resources, management expertise and minimising disceptation between rivalry firms (Barnes, Norris and Jones, 2001). British Airways is the largest airline in the UK by fleet size and is based at Londons Heathrow Airport. The airline is part of O new-madeorld airline alliance that includes other members such as American airlines, Qantas and Cathay (Punzel, 2011). The airline has established codeshare agreements and partnerships with other airlines such as WestJet, LAN airlines, Bangkok Airways, Japan Airlines, Finnair, Iberia, Meridiana Fly, royal stag Jordanian, Air Berlin and JetBlue (Punzel, 2011). British Airways main strategic objective is to become the leading global premium break down airline through attaining the status of airline of choice for the long haul premium clients. At the selfsame(prenominal) time, the airline is committed to delivering high quality serve to its customers and growing its grocery presence in the key fruit international cities (Punzel, 2011). The airline is currently enhancing its leadership position in London in arrange to shell the competition from EasyJet and improve its revenue margins through creating additional revenue streams (Barnes, Norris and Jones, 2001). The airline meets the needs of various stakeholders such as employees, customers, business partners, suppliers and the community (Punzel, 2011). According to the company, the main objective towards employees is to develop customer-focused culture than offers rewards for individual employee mental process and recognise the individual efforts of each e mployee through offering numerous opportunities of training and development (Barnes, Norris and Jones, 2001). British Airways aims at appealing to global customers in all markets and ensuring that individual and business travellers choose the airline as the favored mode of air travel. The company offers premium and differentiated services that are worth for additional petty(a) payment. Accordingly, the airline is focused on its aviation segment through offering cargo movement services that complement its core business activities (Barnes, Norris and Jones, 2001). Impact of UK economical system on British Airways The current UK economic system is favourable for the business operations of British Airways. Despite the economic downturn of 2008-2009 that saw a decline in passenger volumes, the airline has implemented innovative services such as new longhaul from London to New York in order to attract more customers (Gabriele, Kuenzel and Springbett, 2012). Accordingly, the airline lau nched the award winning nightclub World product for the Boeing 747 and 777s in its brand development and positioning efforts in order to enhance its market position as the premium airline in the world. The airline adjusted its fleet in order to cut down on employment costs and save costs on shorthaul catering and attain additional revenues from baggage allowance (Punzel, 2011). The airline works closely with key suppliers and contractors in the One terminus programme in order to improve its efforts in

Overview and Industry Trends & Prospects of General Dynamics Essay

Overview and Industry Trends & Prospects of prevalent Dynamics - sample ExampleThe follow offers a range of solutions and services that are mainly related to to the security systems for grand national infrastructure, Marine Systems, Armoured Fighting Vehicle (AFV) technology and other defence and security related services.It can be identified that the company generates the most revenues from Information Systems and technology, followed by Aerospace. The company earned a total of $9.15 million from this Information Systems and technology segment with operating pelf of $785 thousands. Moreover, the revenues from this segment have reduced by 10.8% in the year 2014. On the other hand, Aerospace had reported an increase in the revenues as the revenues change magnitude to $8.6 million showing an increase of 6.5%. However, the major aspect of this business segment is that it has the highest ratio of operating earnings to the revenues which is 18.6% in comparison to the other business segments of the company (General Dynamics, 2014).General Dynamics has been operating in a number of countries. However, the group generates the most revenues from United States. Europe is the second most important market for General Dynamics as presented in the figure belowIn General Dynamics, there are rough 700 employees in different facilities and locations in UK (General Dynamics, 2015b). The company has been working on number of administrational projects in different parts of the world including United States and United Kingdom. For instance, General Dynamics signed a deal with the UK government for armoured vehicles worth $5.8 billion in the year 2014 (Reuters , 2014). Moreover, there are more than 100 SMEs for which the company has worked in UK (General Dynamics, 2015b)The defence industry in which General Dynamics operates is highly dynamic and the industry itself offers some(prenominal) challenges to the company. With the increasing terrorism activities across the glob e, it has been highly critical for General

Bit coin Essay Example | Topics and Well Written Essays - 500 words

Bit coin - Essay ExampleAs Boardman, Sondomir and Sondak (38) argues, the primary aim of Nakamoto was to create a form of online currency in order to circumvent compensation processing technicalities which online traders were facing. Specifically, the entry of the transactions on the ledger or mining processes had become difficult if non impossible to such users. Apart from the mining, digital currency can be a form of change of currency, goods, and divine services. Through Bitcoins, users can make purchases of goods, send, and receive the money via electronic means for a small pay and with the help of wallet application on an Internet-enabled gadget.The virtual currency as a system of payment for commodities purchased online has undergone rapid growth, and businesspersons gift an advantage to enjoy the use of the currency owing to its lower than the 3 percentage typically charged for loading and or use of credit cards. Nonetheless, many governments from around the world have been hesitant to welcome the use of the currency within their respective jurisdictions, with some warning their citizens against the use of the service due to its lack of consumer safeguards. Bitcoins are vulnerable to theft and chargeback defaults. As Boardman, Sondomir and Sondak (12-29) have indicated, the use of the currency for commercialized purposes is still minimal and largely preferred by speculators. This alone has added to the lots of worries and its volatility, hence the fear of the eruct effect.Bitcoin speculators have contributed to the bubble effect theory explaining the unpredictable future of the currency. This is especially true considering that speculators who top the add up of Bitcoin users argue that with $200 in ones virtual account now, the value of the money provide increase to $600 or $1,000, since they will find people who are willing to buy it at that higher(prenominal) price. The buying of the currency in hope that the value would increase is a seriou s flaw in the thinking

Review and critically analyze 2 related articles Essay

Review and critically analyze 2 related articles - Essay ExampleInterviews were conducted and relevant documents were ga at that placed by the researcher on inventing out the school leaders role on recognizing, promoting, and utilizing the school immigrants diverse cultural backgrounds. The leave behind of the study shows that majority of the school leaders recognize the diversity but does not do vigorous in the forwarding and utilization of such. With that, the researcher recommended several action steps on how to increase the packaging and utilization of the foreign immigrants diversity and how they can be incorporated into their school programs, both in the academia and in the extra-curricular activities.The second study was entitled The Impact of a Multicultural Training Program on Adolescents Understanding of Cultural Awareness (Wynn, Hart, Wilburn, Weaver, Wilburn, n.d.). Its objective was to determine if a particular pro-diversity program had significant affect to its p articipants. The study used a quantitative approach where it invited a particular crowd of teen students who will be participants of the program and another group who will not be part of the pro-diversity program. The study aims to find out if the program will have positive impact on the awareness and respect of juvenile teens to people of different backgrounds. Similar survey sheets were filled out by both groups before and subsequently the program. The results were gathered and analyzed. It showed significant increase of diversity awareness to the group who attended the program as compared to the group who were not part of the program. Statistical methods were used to support the significance of the results.Both studies were oriented towards the road to promotion of cultural diversity but the impact of their results differs. The first study, which utilized the qualitative approach, enabled the researcher to conclude that there is a significant need to address the lack of divers ity promotion in schools and was able to

Trying to make superior trading returns using tecnical analysis or Essay

Trying to make superior trading returns using tecnical analysis or fundamental analysis of shares is self-defeating - Essay ExampleIn comparison to their peaks at the end of 2007, the Dow Jones industrial Average Index and the DAX index obligate dropped almost 50% in value. Considering recent events many investors contrive reconsidered the concept of fair value of a stock and the efficiency of techniques used. In addition to this, the approach apply by many academics on Technical and Fundamental Analysis1 and of Efficient Market Hypothesis theory, rather than on how to forecast, has induced us to base the structure of this essay on a similar approach. Therefore in Section 1, 2 and 3 after providing a brief overview of FA and of TA the EMH theory, we have explored alternative views and discussed the rigour of the statement in object. After illustrating the need for analysts to create efficiency in Section 4 we have explored the extent to which FA, TA or EMH may be essential to ach ieve market efficiency. Finally, after examining in Section 5 the Stiglitz-Grossman paradox, in Section 6, we have explored anomalies and invalidities of EMH and presented our conclusions.FA found its existence in the firm-foundation theory substantial in the 1930s though it was later popularised by Graham. Its purpose is to find and explore all scotch variables measuring different economic circumstances and influencing the future earnings of an economic asset. Clearly the philosophy rear end FA is that in the end, when enough traders realize that the market is not correctly pricing the asset, the market mechanism of guide/supply, will force the price of the asset to converge to its fundamental value. Early writers on the subject of certification analysis assumed that the essence of investing was to determine the true, intrinsic, or fundamental value of a tribute and that this value could differ from the current market price. Graham and Dodd (1934) first highlighted the concep t of the intrinsic value of a security as a

Franklin D Roosevelt's New Deal Essay Example | Topics and Well Written Essays - 750 words

Franklin D Roosevelts New flock - Essay Example head start New Deal The First New Deal started functioning during 1933 and ended during 1935, during this period, various reforms were made to establish the institutions of US. These reforms include the AAA or Agricultural Adjustment trifle of 1933, this coiffe was passed with the aim of insuring minimum remuneration for the farmers. According to this Act, farmers were paid in order to produce less so prices of agricultural produce could increase. another(prenominal) reform made during the period of 1933 was the NIRA or National Industrial Rec overy Act, this act was proposed and accepted in three different parts. Under this act, PWA or Public Works Administration was created for the management of government projects. The judicature hired huge number of people while spending a total of $7 one million million on development of projects. The Administration even created various prod procedures for working hours, competition, bannin g of child labour and wages. Individuals hired by this administration were paid a minimum wage of $1.25/hour and they were permitted to work for ogdoad hours per week. Another adjustment made under this act was related to membership of swop unions. This act allowed trade unions to participate in business matters and these unions were legally allowed to bargain on behalf of the employees. The professorship even passed the Emergency Banking Act due to which banks reopened and money and gold being saved by the public were deposited back to the banks. According to this act totally the best banks of US were allowed to start functioning again, and that too under the supervision of the government and these banks were bring money under compulsory situations. Banks that were smaller in size experienced shutdown and merger with banks that were big in size, depositors money was returned on the basis of 85 cents for each $1 deposited by the customers. afterward Glass-Steagall Act was pas sed by the president the purpose of this act was to restrict the participation of commercial banks in securities firms. The president even created the Federal Deposit Insurance Corporation, though this corporation, deposits that were higher than the amount of $2500 were insured, and this move was made to hang the risk of deposit getting out of banks. Second New Deal The second New Deal refers to the next 100 days of the presidency of Franklin D. Roosevelt, during this period he passed various acts and created various programs for correcting the relationship in the midst of the government and the public and to further strengthen existing institutions. One of the greatest acts passed by the president was the cordial Security Act, under this act under which benefits were forwarded to those who were retired and to the children of those families that that existed without a father. The pensions and the benefits forwarded to the people under this act were to be financed by the taxes pai d by the citizens of US. The president even created the Works Progress Administration which helped in providing employment to over 8.5 million individuals who worked on the development of government projects such as roads, highways, public offices, irrigation system and playgrounds. These projects not only helped in decreasing unemployment in US, these projects even helped in building the infrastructure of US

ASSESSMENT AND EVALUATION IN SPECIAL EDUCATION Essay - 1

ASSESSMENT AND EVALUATION IN SPECIAL EDUCATION - Essay ExampleEveryone is non born similar. Different children have contrastive learning patterns. Some children learn better through inference and diagrams, some learn better by doing things themselves while others learn just by grasping things quickly. Children with different learning abilities respond differently to what they are taught in schools. The purpose of the assessment is to help children with learning clog to understand their natural learning pattern and to design and create special and nurturing learning environment for them so that they find learning easy and productive.Richard and Schiefelbusch (1991) described assessment as a multilevel process, beginning with concealment procedures and continuing through diagnosis, planning of intervention, and program monitoring and evaluation (Gargiulo & Kilgo, 2005, p.90). The assessment of a child is do with a purpose of knowing his abilities, his inherent qualities, his stre ngths and the areas where he faces difficulties. Assessment should non barely aim at knowing why the child is finding it difficult to learn but also to provide a plan to cure his difficulties. The purpose of assessment is to help the child, his parents and his teachers to work together and create a official environment which caters to his special needs and hence, make the process of learning easy and fun for him. This not only enhances the learning ability but also helps in encouraging the child to come out with his mysterious abilities which were somehow suppressed till now because of the lack of the compatible environmental factors. However, purpose of the assessment is not being fulfilled as it ignores the importance of the external

EMBA 550 MArketing initial post week 6 Essay Example | Topics and Well Written Essays - 500 words

EMBA 550 selling initial post week 6 - Essay Examplearious markets that current or traditional transmit do not fully explore, supply chain strategy often necessitates the establishment of new and five-fold channels. The drug abuse of multiple channels may arise out of necessity in order to suit customer needs or by design. Multiple channels enable a manufacturer to say two or more lines of the same merchandise through two or more means. (Ferrel & Hartline, 2010, p. 283). The use of two or more distribution channels for essentially the same product is what constitutes triplex distribution. in that respect are some disadvantages that are attendant to dual or multiple distribution. One is that extra time, struggle and money are required in running two or more distribution channels. other is the risk of disintermediation, meaning that when the corporation deals directly with the customer, they compete against their traditional intermediaries who are members of its supply chain, thereby creating a potential source of conflict (Ferrel & Hartline, 2011). Sometimes, customers who go to brick-and-mortar distributors to view the products and ask questions, but end up get the product online. This is unfair for the distributors.Dual distribution is not new. The U.S. Congress cited the New York Times (2/16/92, scratch F, p. 5) which reported that 20% of McDonalds stores are company operated, and for Taco Bell it is 60% (US Congress, 1992, p. 273). Hallmark uses dual distribution extensively. Hallmark cards primarily sell greeting cards through Hallmark stores, utilize selective distribution. At the same time, they also sell their Ambassador and Greetings card lines widely through supermarkets, drugstores, and bank discount retailers. Aside from these, Hallmark offers both cards and e-cards online, which constitutes a third channel (Ferrel & Hartline, 2011)Small businesses benefit immensely from dual distribution. Chagrin Shoe Leather & Luggage Repair, a family business located in Woodmere, Ohio, undergo a 20% increase in

Firms Actions in Increasing Its Profitability and Producing High Qual Assignment

Firms Actions in Increasing Its Profitability and Producing High Quality Products - Assignment ExampleThe theory of a firm ensures that it regulates either the above-named factors in the company to ensure that they lead to the success of this firm. This principle focuses on using flashy and available inputs in the business processes since they reduce the cost incurred during production. They be also concerned with the methods that are use by the firm in the production process. For example, the products produced must be of very high quality since this principle is able to equalize on the inputs.This theory articulates that all the firms will realize a great get ahead if they produce goods up to the point where the marginal revenue is equal to the marginal cost, whereas, the firm consumes all its factors of production to the point where the cost of production is at par with the marginal revenue. The theory is known to be the high hat in identifying the future of the firm, ensurin g that it makes enough profit with time. The theory ensures that it studies the structure of the company and improves its relationship with the market for it to take after in the future. The theory is also useful in answering some other economic questions such(prenominal) as how different firms come to emerge and grow in the economy, relationships between different firms and the markets, and how to improve the exertion of a firm through its actions. The theory of a firm economic principle is very effective in ensuring that the costs incurred in the production process do not also exceed the lolly after production to prevent losses. The model balances between the internal and external transactions in each firm ensuring that the firm is able to grow with time (Surez 2012). For example, it is through this principle whereby the external transactions are always made to cost higher compared to the internal transactions for the firm to grow.There are various(a) economic principles, whi ch can be used to explain why the prices of maize fluctuated greatly over the pointedness in the past five years.

Leadership assignment Example | Topics and Well Written Essays - 1500 words

Leadership - assigning ExampleThe main drawback of the manager was that he was very autocratic in his style. The company consisted of 100 employees then. though at that place were divisional managers for each functional level, the decisions for the functional levels are taken by the MD himself. fifty-fifty if the decisions of the divisional managers are worth, the MD hardly approves them. The second major drawback of his is that he is less concerned nearly the growth of his employees. In another(prenominal) words, he is highly afraid of being dethroned by other talents in the company. When an employee aims for taking accreditation tests, he de-motivates them by saying that it is not infallible at their stage and they could think of it on some later years. Overall he wants the employees to progress very slowly in the organization. But there is one good quality that he possesses. He takes quick decisions. There were many instances where the company required immediate decisions to sustain business. He was good enough to take decision at the right period and sustain the business. Though decision making is one of the best skills of a leader, its sole possession cannot hire a someone an efficient leader. Organizational Structure and Culture The organization which I worked for was a partnership firm. The company had a very informal culture. As per the firms objectives, there were no unmitigated hierarchies to be followed. Everybody from the associate staff to the top directors of the firm are to be addressed each others by their first name unaccompanied. Even an associate staff has the liberty to report anything at once to the chairman or director. Every individual who is recruited to the company is being given orientation program or so the organizational culture and practices. This one week of orientation program is given in order to strike the individual learn and unlearn several(a) things. The culture of the firm has definitely helped me to enhance my relationship skills. The only hindrance for growth was the attitude of the managing director. My role in the company was a consultant. A consultant is solely one level next to the associate staff. I am a person who likes to interact and amalgamate with people. The companys culture helped me to be in constant interaction with the divisional managers and even the managing director. I could evermore interact with them on work or non-work related matters. The workforce of the firm was divided into various groups based on the companies for which the consulting is performed. A group is not permanent and each group will establish members based on their group requirements. For instance, the team for Kraft Foods consulting will be different from the team for washbowl Deer consulting. Both the teams may or may not have common members in them. Therefore, the team system enables an individual to be connected with various people in the organization. The team will too undergo minor re-sh uffling every year. Each team will also have a person as a team lead who will manage the smooth flow of work in that team. Therefore, it gives an individual the opportunity for enhancing their leadership skills. Performance of the selected leader As discussed before, one of the good qualities of the managing director was his efficient discourse skills. He always communicated well with the employees. In that way he has helped me to motivate me on my communication skills. I always like to interact with people. I could always talk to him about anything. He always

The Underlying Theme of the Movie-The Rear Window Essay

The Underlying Theme of the Movie-The bed Window - Essay ExampleRear window is one of the American movies directed by Alfred Hitchcock ground on his usual theme. The story of this movie was written by John Michael Hayes. Rear window was base on a short It had to be murder written by Cornell Woolrich. The movie was released by prevalent Pictures. The film stars James Stewart as L.B. Jeffries, who is a impudents photographer, became helpless and isolated in his apartment at Greenvich Village due to his broken leg. During his days of misery and loneliness, his only activity was to observe and keep an affectionateness on the activities of his dwells around his apartment out of his rear window which has become his escape from the dull and irksome moments of his life on a wheelchair. His fiance Lisa Fremont (Grace Kelly) and nurse (Thelma Ritter) being his only visitors and perhaps the only joining with the world outside his rear window. It is a well-scripted and a very well-direc ted movie which keeps the audience spell strangle with a blend of suspense and romance in it for their entertainment. However, a point comes where the story takes a new turn when suddenly Jeffs observation leads him to a shocking discovery as he watched his neighbors suspicious activities, who lived right opposite his apartments building. ... To observe and to act as a Peeping Tom is a natural human trait that has been followed by all of us. The concept of voyeurism or in different words the act of being a mute speculator is also similar standardised watching movies and enjoying every moment that one can without being suspected for peeping into the lives of others. This led Jeff to discover the offense that was taken place right opposite his apartment. No matter, how much his fiancee and nurse blamed him for good turn into an immoral voyeur joined him later in his act of speculation. Jeffs silent speculation helped him to draw his curiosity like a child who observes everything keenly with lots of questions rising in his mind and he is determined to find all the unanswered questions. Rear window is all about normal humans, their attitudes and behaviors towards other people and how much people value relationships in their life. This movie also highlights the personality conflict amid the span (Jeff and Lisa). Despite the fact that they have been showed madly in love with each other but each one of them tries to dominate the other person. We cannot ignore the Jeffs cynical attitude towards marriage on Lisas demand for tying the knot. This raised the common thought a persons emancipation and his life ends with the marriage. Jeffs silent observation made him believed that a marriage can turn go across his life and freedom just as in case of Mr. and Mrs. Thorwald, a happily married couple but ended in a murder of Mrs. Thorwald by the hands of her husband due to her kick habits. It is not a new idea that Hitchcock has come up with. This philosophy can also be seen in his other movies too like Vertigo and The Trouble with Harry. Our lives revolve around our relationships, moods and

Marketing Essay Example | Topics and Well Written Essays - 1000 words - 2

Marketing - Essay ExampleThe facility only specializes in the treatment of orthopedic issues and this therefore implies that visiting patients do not have to queue onside patients who buzz off from contagious diseases. Patients be additionally not triaged behind the patients who are suffering from medical conditions that take lifelong periods to diagnose or treat. The hospital has physicians who may provide support to the injuries that need extended care along with therapies at the hospitals highly developed orthopedic center. The hospital is therefore ideal for attending to injuries sustained in sporting activities, household chores or at work due to their capability of offering extended along with immediate medical attention. This mainly happens when the goal is to make a speedy return to the activity be performed (Ortho On-Call, 2012). The four components of the market placeing mix which are place, promotion, price and product are vital to the success of the Ortho On-Call. The major(ip) product that the hospital deals is offering orthopedic medical care. The hospital offers immediate responses to patients suffering from orthopedic problems with the advise of satisfying their needs of diagnosis and treatment (Ortho On-Call, 2012). ... This is mainly because their marketers lav be able to decide whether they can augment their products depth or the amount of product lines they deal in. In addition, the hospitals marketers should make decisions concerning the positioning of their products, exploitation of their brands and the hospitals resources and how they should configure their product mixes so that their products may complement each other (Vieceli & Valos, 2010). Prices are what customers pay to the hospital for the services or products they have received in order to satisfy their needs along with wants (Cant, et. al., 2009). They are vital in determining the profitability or loss levels along with the survival of the hospital. Adjustments in the prices supercharged for the products or services on offer may have profound effects on the hospitals marketing strategies. This is mainly because depending on their products price elasticity, their sales and demand is affected (Vieceli & Valos, 2010). When formulating the hospitals marketing mix, their marketers everlastingly set prices that will complement the prices charged for the other elements of their marketing mix. When setting the prices for their products, the hospitals marketers should always take into business relationship the perceived value of their products along with services to their customers. These marketers may utilize pricing strategies like market skimming, market penetration along with the neutral pricing strategies. When setting the prices for the hospitals products along with services, the marketers should consider their products reference and differential values in contrast to the values of other products that compete against theirs. On the other hand, pr omotion represents the different methods that the hospitals marketers

Introduce ZED buildings principles and its Philosophy in relation to Essay

Introduce izzard structures principles and its Philosophy in relation to Energy efficiency policy,why ezed is get one of the mos - Essay ExampleEfforts affirm been made in order for the negative effects of grammatical saying projects on the natural environment to be minimized for example, the update of existing British legislation on wildlife and the adoption of Kyoto Protocol by a series of countries worldwide (The Telegraph 2010). The izzard building philosophy is the major initiative of this type. The specific framework has been primarily promoted by organizations operating in the private sphere of influence reference is made to ZED Factory, a firm focusing on the expansion of ZED building philosophy in building projects across Britain. However, the ZED building principles as analytically explained by ZED Factory could be easily adopted by firms of the construction industry this effort would film much chances to succeed if the relevant principles were gradually ad opted for instance, through the incorporation, primarily, of energy saving schemes, a fact highlighted in the BedZED (eco-village) scheme (BedZED, Eco-Community, 2011). Moreover, the support of the state would increase the effectiveness of ZED building principles on existing building projects this initiative could be develop worldwide using the theoretical and practical framework suggested by ZED Factory, as explained throughout the paper. The examination of the existing status and performance of ZED building philosophy has light-emitting diode to the conclusion that the specific framework would be quite effective for limiting the negative effects of construction projects on the environment moreover, its principles are rather easy to be understood and incorporated being related to with the existing energy efficiency schemes as promoted both by individuals and the state. 2. ZED buildings principles and philosophy description The ZED building philosophy has many different aspect s however, its priority remains the increase of energy efficiency of buildings. through the years, ZED philosophy has been developed in order to meet the advanced requirements of modern buildings as these requirements have been affected by the technology used in various stages of the relevant building projects. It should be as well noted that ZED philosophy couldnt be understood without referring to its forms and implications in practice, i.e. in the context of buildings on which ZED building principles have been applied. For this reason, the presentation of the particular philosophy has been combined with the reference to construction projects, which have been based on the ZED building principles. An important example of this type is the eco-village BedZED the buildings of this village have been constructed in such way, so that an important reduction of energy consumption is achieved. Indeed, in a report developed in 2009, i.e. seven years after the completion of the specific bu ilding project (in 2002), it was mentioned that the homeowners of the specific send consumed 45% lower electricty and 81% less hot water than the borough average (PeaBody Organization, UK, 2009, 4) it is also noted that the sign targets of the particular project, i.e. the limitation of the energy consumed by the homeowners and the following limitation of the pollution caused to the environment, have been both

Leadership Versus Management Essay Example for Free

Leadership Versus Management Essay ingress Management versus Leadership Leadership can take on galore(postnominal) meanings, be viewed in many different ways and is often misconstrued with management. To understand cart trackership and management a clear description has to live and the person(s) involved in leading or managing must have clear insight of what expectations are need to reach a specific goal. Therefore, this research paper as identified by this author go out define leadership and management as they are defined in the Websters Dictionary and other academic approved references. In addition, this paper ordain state a personal philosophy of eadership and management and will unpack and explain the language used in each definition. Second, this paper will identify triumph in leadership for becoming a great leader, and then compare and contrast leadership and management. Finally, the goal will summarize the entire paper by stating what is essentially more importan t, leadership or management. A Personal Philosophy of Leadership In order to understand leadership, the definition ofa leader must be stated.As indicated in the dictionary, a leader is some iodine who leads, is in front or who takes charge. The word lead means to guide (The Merriam Webster Dictionary, 2004). As stated by an author, Leaders take the lead. That is, they initiate ideas and plans. Leaders preempt people to follow them by showing them consideration (Ford 1991 , 25) This author understands a leader to be one who influences and encourages another to follow in doing something great.This author defines leadership as the process of, through the power and focussing of God, learning how to build relationships with others, allowing them an opportunity to expound on different ideas and thoughts, growing together in fellowship and written reporting together in harmony to accomplish a mutual goal (Sharp 2007). Leadership is the aptitude to be responsible, ethical, and have i mpecc equal to(p) moral qualities. It is not Just being responsible, ethical, and moral while working within or on a Job, but it is maintaining that standard and continuing to live that lifestyle at all times. It is not the leader saying do what I say, but not as I do. Rather, it is dedicating life to God allowing Him to enhance the character required for being that great leader. An extremely profound definition of Christian Leadership was stated this way Christian leadership is a relationship based on Gods Love which is imitated by the participants, the leader(s) and follower(s). They both work together in a mutual, accountable, dynamic relationship of affaire dhonneur influence with one another and the whole of the organization, for the purpose of accomplishing shared, God given, visions, purposes and goals (Sharp 2007). This definitions center is the love of God.As understood by this author, the love flows through both the leader(s) and follower(s). This love will allow both the ability to work together creating a powerful relationship whereby both will not only be able to influence each other, but will be able to influence others as well, until ultimately they ave sinless and accomplish that mutual goal. Another author defined leadership this way Christian leadership is a dynamic relational process in which people, under the influence of the Holy Spirit, partner to achieve a common goal it is serving others by leading and leading others by serving

National identity Essay Example for Free

National identity Essaycritically assess the relationship amongst depicted object identity and schooling in the period 1870-1939? The relationship between national identity and schooling is integrity that has been seen as both a problem, where by the integrating of the apprehension of national identity into schooling is seen as the poison that generates cross-national conflict (1) and a defensive reaction to preventing and transaction with the problems that Britain faced during that epoch, where the political and cordial environment in Europe provided a sort of hothouse aureole for nationalisticwritings of the most fervent kind(2) Dr Tate outlined in brief that national identities depended on stories and that teachers fate to provide children with a sense of belonging to a community which stretches back into the past and forward into the rising in order to five them a sense of meaning (3) The idea of creating a sense of belonging for children, is one that is shared worldwi de, humans I have been told, need narratives, however the use of national identities here is utilise in a positiveand discreet in content manner. I wonder what concepts does Dr Tate associate with national identities, and what aspects of the past and future should children be informed about? To answer the question given I leave alone look deeply into, the relationship between national identity and schooling, ways of introducing national identity in schooling, threat abroad and at home, the effects, the problems and questions raised by the idea of national identity in schooling. I will begin by introducing some of the important Legislations and Codesintroduced by the government as these reflect the look up of the day, and play an important role in schooling, and national identity. The revised code of 1862 introduced a new link up arising over the education attained in schools, and thus the payment by results system was introduced, and teachers were paid for those that achieve d results. The richness of this central part of legislation was that it governed the activities precipitated in schools. These school codes were issued by the government to dictate what shouldbe taught in schools and at what level for what age. Attendance and a uniformed standard of education were central to what the government want to achieve in this legislation. This piece of legislation was hated so much by the teachers, and thus it was attacked by masses of teachers thus was withdrawn in 1898. The New Code of 1871 awarded 40 hour drills per year via appoint aid. The drills were seen as a form of implementing the importance of obedience into the children. The importance of obedience was seen as vital to the social stability of the school.Reference1. (W.E.Marsden, Nationalism, propaganda and war and peace, pg29-47)2. (P.M.Kennedy, The decline of nationalistic history in the west, 1900-1970,Journal of Contemporary History, 8 (1973)88.)3. (History today, History and national iden tity in the classroom, pg 6)4. (Theres no place like home, Education of History 28, pg 236-237)5. (1 flowerpot Observation Archive FR878)6. (J.Bourke, Working-Class Cultures in Britain, 1890-1960. Gender, Class andEthnicity (London Routledge, 1994), 186)7. (A.D.Smith, National Identity, London, 1991, p.9-11)8. (J.M.Mackenzie, Propaganda and Empire. The manipulation of British PublicOpinion, 1880-1960 Manchester Manchester University Press, 1984), 176.see k.

Online School Vs. Traditional Essay Example for Free

Online School Vs. Traditional EssayAccording to the subject bea Center for raising Statistics, about 4.3 million undergraduate students, or 20 percent of all undergraduates, took at least one distance education course in the 2007-08 school year. And about 0.8 million, or 4 percent of all undergraduates, took their entire program through distance education (May, Ryan). in that location are galore(postnominal) pros and cons about distance and tralatitious education, as well as many similarities and differences. Online education is a much flexible option for students to get an education since most classes can be taken anywhere you are able to take your laptop or hook up to the internet. Its very convenient for multitude who ingest a busy lifestyle, such as families, full-timer workers, and those who serve in the military. With online learning, students dont have the traditional methods of sitting at a desk and learning with lectures and books. You have the freedom to learn your way at your own comfort level. Studies have shown that in online learning conditions perform better than those receiving traditional instruction (NCU). However, for some, lectures in the classroom are more beneficial to them since some need more a more hand on approach. A disadvantage of online learning is not having your degree being seen as creditable. Be genuine that your college choice is accredited since in that location are many Degree Mills out looking for your money. There are many students and employers who are skeptics about how much you really do learn from online learning.According to Allie Bidwell from regular army news, In a survey of 656 human resources professionals released Wednesday, the researchers found that although nearly half of employers said online-only programs require more discipline, 56 percent said they still prefer applicants with traditional degrees from an average university over those with an online degree from a top university. Overall, m ost employers (82 percent) said a combination of in-person and online education would benefit the majority of students (Bidwell, 2013). almost employers are going to view how effective an online education is by the quality of the new hiresthey bring in. appeal is another consideration to think of when deciding to go online or traditional. Online education is less expensive since there are no extra fees for maintaining a large campus or classrooms. Some classes may not eventide require books for you to purchase. Either way you choose to go, there are still rules and guidelines that must be followed. on with that, attendance is still a must with online education and participation in discussions just as you would get in in a classroom. Depending on the type of person you are and the lifestyle you live, either online or traditional education will be right for you. Before getting into either one, students should carefully research two to find out which is the right fit for them.Ref erencesBidwell, A. (2013). Employers and Students Remain Skeptical of Online Learning. Retrieved from http//www.usanews.com/news/articles/2013/09/20/employers-students-remain-skeptical-of-online-education North aboriginal University. Online Education Versus Traditional Education. Retrieved from http//www.ncu.edu/why-northcentral/online-learning/learn-more Dudley, S. (2013) Why Online Education Is More Valuable than Traditional College. Retrieved from http// http//www.wired.com/2013/11/why-online-learning-is-more-valuable-than-traditional-college/ May, R. Traditional Education vs Online Education-Should You Switch? Retrieved from http//www.businessdictionary.com/article/655/traditional-education-vs-online-education-should-you-switch/

Cash flow stream Essay Example for Free

Cash flow stream Essay?1. What is the present judge of the following uneven bullion flow stream ?$50, $100, $75, and $50 at the end of Years 0 through 3? The sequester divert rate is 10%, heighten annually. PV=190.46 (SEE EXCEL load ATTACHED)2. We sometimes need to find bring out how long it will take a sum of money (or something else, such as earnings, population, or prices) to draw to some specified amount. For example, if a companys sales are growing at a rate of 20% per year, how long will it take sales to double? It would take about 3. 801784 eld before the sales double. (SEE EXCEL FILE ATTACHED)3. Will the future shelter be bigger or smaller if we compound an initial amount more often than annually for example, every 6 months, or semiannuallyholding the stated interest rate constant? Why? It will be larger because its basically like adding on interest on top of interest as the absolute frequency increases.4. What is the effective annual rate (EAR or EFF %) for a nominal rate of 12%, compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily? EAR = (1 + Nominal post/Number of Period) Number of Period -1 SEMI ANNUALLY= (1+.12/2)2-1=12.36%QUARTERLY= (1+.12/4)4-1=12.55%MONTHLY= (1+.12/12)12-1=12.68%DAILY= (1+.12/365)365-1=12.75%5. Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later? OCT initiative= 100*(1+.1133463/365) (365*.75) = $108.876. What would be the value of the bond described above if, just after it had been issued, the expected flash rate rose by 3 percentage points, causing investors to require a 13% product? Would we now have a discount or a premium bond? PV= $837.21 (SEE EXCEL FILE ATTACHED)It would be considered a discounted bond because the present value is less than its face value.7. What would happen to the bonds value if in flation fell and rd declined to 7%? Would we now have a premium or a discount bond? PV= $1210.71 (SEE EXCEL FILE ATTACHED)It would be considered a premium bond because the present value is more than the face value.8. What is the restoration to maturity on a 10-year, 9% annual coupon, $1,000 par value bond that sells for $887.00? That sells for $1,134.20? What does a bond selling at a discount or at a premium tell you about the relationship between rd and the bonds coupon rate? lay = 11% for a bond that sells for $887 and the RATE = 7% for a bond selling for $1134.209. What are the meat return, the current yield, and the capital gains yield for the discount bond in Question 8 at $887.00? At $1,134.20? (Assume the bond is held to maturity and the company does not default on the bond.) The return for the $887 bond is 11% and the yield is 90/887 which equals 10.15%. The capital gain would be 11% 10.15%= .85% The return for the $1134.20 bond is 7% and the yield is 90/1134.20 which eq uals 7.9%. The capital gain would be 7% 7.9%= -.9%

The Theology of Pastoral Counseling Essay Example for Free

The Theology of bucolic Counseling seekThe present paper dwells on the theology of organism a awkward luck presence. It articulates the theological military posture in pastoral focus that can also be defined as weird/ reason way in the contemporary setting. The point of side chosen is the one of the psyche who is a attending professional.The paper traces the patterns in which way and theology argon enmeshed in the process of conducting pastoral help to be precise, the idea of counseling, the specifics of pastoral counseling, the prescribe of religion in conducting and receiving pastoral counseling, the dichotomy of automobile trunk and head, spirituality, the processes that expression gentlemans gentleman perception in regard of counseling needs, and. For the goals of the paper it is important to define the basic concept of pastoral counseling. One may mean that the process takes place in a church or some other religious environs exclusively.Judging from the e xamples of modernity, though, much(prenominal) point of view is hardly correct. As one may see, religion stopped macrocosm chained solely to the church as the place w present sermons ar served and other religious ceremonies are conducted. Once Ross stated that pastoral counseling helps each soulfulness tell their story in a faith context as well as within their somebodyal context. It means that the issues of religious faith and helping presence are important in all environment, be it the church, the clinic or home.To add, there is no suppression of the someoneal mode and value in the pastoral helping process the specific issue of a person being counseled is integrated into the rich theological system. By theology the research often means the narrow discipline of religious thought. Such a restriction prevents counseling (especially pastoral counseling) to develop in full splendor. One of the arguments against the narrowing of theology-concept is tolerance. Pastoral helping i s of high value for both the believers and non-believers in terms of Christian or other faith.The plaza of contrast (death, the change of state, loss, disruptive emotions or actions, etc. ) is the common reason for a human being to seek help and clinical or pastoral counseling. Non-pastoral counseling enables a person to look for the conflict resolution but the effect may be fallacious and incomplete meanwhile, pastoral presence makes a person to understand the chain of spirituality and the integrity of existence. If to recall Jonah in the belly of the fish, non-pastoral counseling is the process of Jonahs salvation from the perilous situation, whereas pastoral counseling makes a human being in crisis open-eyed to the Revelation.Ross after Abram called the pastoral counseling an arena or a transitional quadruplet in which some revelatory understanding of experience can be developed. The revelation or husking of God is better structured in the process of pastoral counseling bec ause it comprises moral, ethical and metaphysical elements of a universal theological system and the necessities of everyday human sprightliness. The aforesaid necessities visibly echo to the religious concepts such as the one of Holy Trinity, the Exodus, the actions of Prophets and Saints. The essence of pastoral helping, thus, is the one of relationship, revelation and hope.It is interesting to research here the essence of helping and problem solving provided in pastoral counseling in comparison to cathartic counseling and physical care. According to Ross, pastoral counseling is a relationship in which a person agrees to explore issues of meaning and being, helped by another, drawing on affable and spiritual insights informed by a tradition shaped within a community of faith. The mentioning of psychological and spiritual insights drives the researcher to recall astir(predicate) psychology and psychiatry with their concept apparatus.These sciences aim at mental ameliorate in th e similar was as medicine aims at physical ameliorate. The comparison of psychology, medical care and pastoral counseling makes one think that mind and body are traditionally seen as separate realms of a human being of short value. The understanding of soul is even more deemed. Most people see the soul as something polar to the body or inferior to it. Plato stressed the eternal nature of soul that had been created prior to body the body was mortal, whereas the soul could not die.In the Old Testament, meanwhile, people are referred to as living souls. The concept of soul means a lot for pastoral counseling as it was proved in the brilliant oblige by Malony who suggested an extensive discourse on the headings of the soul/spirituality/soulness/soulishness element in counseling. Malony criticized both the intellectual/emotive greet (Albert Ellis, 1965, 1980) and the nouthetic approach (Jay Adams, 1970, 1979) to counseling in regard to the spiritual filler. The former treats a hum an being as the physically-oriented creature whose primary task is to adjust to environment.The latter approach emphasizes the salvation of soul in religion as the primary task for a human being. Malony proposed a monistic approach or nonreductive physicalism in order to treat human beings as body/soul unities or entities. Such a dichotomous integrity of flesh and soul in a life was dead worded in the famous saying from John 114, And the Word became flesh and dwelt among us. One may dramatise that there is no rigid boundary between physical and spiritual worlds which are interconnected.In the post-modern environment the genuinely theological quest for the human soul was inherited by psychology with its concepts of mental processes, ego, wound up and cognitive drivers. This theological-psychological relay does not imply complete identity. Whereas theological perspective used to find love, the psychological one means libido. In other words, whereas psychotherapeutic science concen trates on the stimuli or causes for disruptive mental processes, on symptomatic analysis and the structure of mental reactions, theological counseling seems to be more arouse in correcting causes of human conflicts.And pastoral counsels sincerely believe that the human soul may be anguished with pain and desperation in the same way as the human body may be tortured with cancer. It is the soul which is aided in pastoral counseling. James (1985) assumed that there are quatern cognitive/perceptual processes that strengthen soul in the process of establishing spiritual integrity and managing conflicts and grieves according to shaper laws. He spoke of insights, understandings, feelings, and actions which seem to be brain functions. But Malony noticed that the aforesaid processes are enriched with impertinent meaning when they focus on transempirical reality. In the process of pastoral counseling the current and daily issues of a person in need are reframed against the eternal spiri tual and theological perspective. A person is manoeuvre to the understanding that we are not alone, since the creation points to one who is beyond us so that the why question becomes the who question. John Patton (1990) shrewdly stated that pastoral counseling involves assisting persons to move from talking generally about themselves and specifically about their problems to talking specifically about themselves and generally about their problems. Malony, Ross and Patton similarly emphasized the value of theological perspective that made pastoral counseling a powerful media to guide living souls through unstable situations and problematic issues. Like psychotherapeutic or clinical counseling, the pastoral one has the aim of helping the person to fit into the environment in the healthy and authentic way. Any counseling means personal healing and social involvement it develops diagnosis of the problem into a new process of active self-rediscovering, which is a healing endeavor based on active listening and the giving of counsel. But pastoral counseling has a more valuable effect on a person due to its theological underlining. It helps a person to rediscover and straighten his/her spirituality instead of momentous fixing of a problem with all the spiritual gains and revelations sinking into oblivion the other day. To put it in a nut-shell, the pastoral helping encompasses several systems of fellowship and action including psychology, therapeutic care, communication as well as theological perspective. Though pastoral counseling activates the same brain functions as psychotherapy does e. g., insights, understandings, feelings, and actions pastoral counseling seems to be better organized than counseling per se from the transempirical point of view. The pastoral helping reminds people of the higher sense and meaning in life which is not just the implementation of mechanistic and materialistic rules. The relations between the participants of the counseling process are holistic in sense that the recipient of counseling is no less valuable and worth to exist than the pastoral counselor. The latter is always kept on guard by the warning given to Ezra, You are not a better judge than God, or more intelligent than the Most High It is no surprise that Donald Capps (1981) named counseling the activity of God. The person being counseled analyzes the specific processes of his/her specific life and, simultaneously, he/she is helped to view his/her particularities from the eternal, longitudinal, divine perspective.Works CitedThe Complete Bible An American Translation, trans. J. M. Powis Smith and Edgar J. Goodspeed book on-line (Chicago University of Chicago Press, 1939, accessed 10 February 2006), 26 addressable from Questia, http//www.questia. com/PM. qst? a=od=82397656 Internet. Lyall, David. Pastoral discuss In a Postmodern Context. In clinical Counselling in Pastoral Settings, edited by Gordon Lynch, 7-21. London Routledge, 1999. Malony, H. Ne wton. Counseling Body/Soul Persons. International journal for the Psychology of Religion 8. 4 (1998) 221-242. Ross, Alistair. The Place of Religious Tradition in Pastoral Counselling. In Clinical Counselling in Pastoral Settings, edited by Gordon Lynch, 37-50. London Routledge, 1999.

The Social Subject in the Age of Innocence Essay Example for Free

The Social Subject in the time of Innocence EssayThe Age of Innocence major theme is based around a interlocking of the individuals want and the mo nononous life, rules and duties that control red-hot York during the eighteen seventies. The conflict is between liberty and society. It was a society intent on maintaining its father got rigid stability. Each man and woman had its own duties and people were forced to maintain this social code that existed, even if they wanted to put their contentment into their own hands. Big decisions were made by group choice not by the individual. This is evident by dint of the protagonist Newland genus Sagittarius who has doubts and changes with his life upon meeting Ellen Olenska. The protagonist in Ethan Frome can be comp atomic number 18d to bowman by the way they both fork over difficulty with their desires and duties berthicularly by dint of hit the sack and freedom. Archer realises New York is suffocative him from achieving his desires. I will discuss through turn up how he conflicts with his desires and duties throughout along with other characters and compare them to Ethan Fromes decisions also. The orbit of The Age of Independence is eighteen seventies New York.The Cambridge Online Collections state that Edith Wharton wanted to get the 1870s right the moustaches (not tooth brush whizzs, just now curved slightly twisted at the ends), the clothes and the buttonhole flowers (violets by day, gardenias by night), the manners and the language (no slang, no Americanisms English was then the language spoken by American ladies gentlemen). Since she had insisted that she did not want the novel taken as a costume piece (Letters, 433), this punctiliousness might reckon surprising. But in The Age of Innocence, social details matter. The setting alone plays a huge part in Archer achieving his desires. New York is conformed during this distributor point people are expected to follow the social codes that are implemented. This puts a check up on on Archer and Ellens desires to be with one another. New York has a hold on their feelings. They cannot express them in this kind of community because of judgemental look.The time and place in the novel controls their actions towards one another. There are expectations that are say to be met. A normal wealthy New Yorker would have children and get married. The worst thing that could happen in a wealthy New Yorkers eyes is a divorce or an combat. This leaves Ellen in a difficult place while in New York. She wants to divorce her Polish husband but Archer tells her she should not as society will retire from her. Even though Archer and Ellen love each other the fact that their families would be so bilk by them if they were to go with their gut feeling. Mary Douglas states society does not exist in a neutral, drained vacuum It is subject to external pressures that which is not with it, part of it and subject to its laws is potentially agai nst it (Wharton 40) this evokes that The Age of Innocence was virtually creation around the right people and marrying into good families and not to disappoint even if there is something out there that one desires. Through the novel we follow Newland and how his eyes are opened to what is expected of him in nineteenth century New York. He becomes engaged to may Wellend this is a normal and expected fitting of that of him and May.May is introduced in the opening and appears at the opera pink-faced and fair-hairedone immediately associates her name with youth and virginity she is what is taught to be as a fiance at this period perfect for this social circle. Then there is Ellen Olenska the cousin of his fiance the contrast between the two is extreme. Ellen is different and exotic. Ellen escapes from a marriage which is a taboo in this era. This evokes how Ellen breaks remote from her duties as a wife to desire happiness. She is introduced as a controversial approach pattern. Elle n is unaware of this and what happens at the opera. The Opera is like a courtroom people are judged here. Ellen is judged by the gossiping men and this is predictable in this society. From coming across someone different from all he sees and expected from what a woman is to be Newland finds reason to doubt what he is expected to do as his duties and desires come into place. It is like if Ellen became an inspirational figure to him and defends her Women ought to be free as free as we are, he declared, making a discovery of which he was too irritated to measure the terrific consequences.Even though from previous chapters he is happy his own fiance follows the customs of the social circle that New York women should acquire. Although he does not approve of Ellens behavior he is captivated by it. Ellen has made the subject of romance and marriage a complicating issue for him. perceive Ellen as an outcast from the rest of the women he knew, he begins to think why the likes of May do n ot have experiences as what males do in New York and why they should only have one partner. May Wellend to Archer and the indorser initially is a picture of an ingenuous and demure young girl whom Archer hopes to shape into a worldly-wide mould of the married woman with whom he has recently had a two year-year-long affair this evokes Archers duties and what he firstly hopes will become of his marriage but now that Ellen is in the frame his thoughts nigh life, marriage and love are different. This quote also shows the duty of May and what is expected of her in this period in New York typical marriage material for Archer.Wharton based many of her novels around failing relationships as like her own with her husband. Ethan Frome and Newland Archer were both heading in the same direction. They are both stuck in a love triangle and are unable to be with the one they love because of their duty. Once Archer finds out May is significant his plan to stay with Ellen is abandoned due to the fact that he mustiness be a father now. Ethan is quite similar even though he is in love and wants to leave the horrid town he lived in he was unable to because of Zeena being ill and it being his duty as a husband to stay with her. both(prenominal) Ellen and Mattie play as a peter of light they were both something different from what the protagonists were expected to do, a break from normality. Mattie was something fresh and something to break away from Ethans monotonous life in Starkfield and Ellen was something exotic for Archer to admire in New York compared to what he was apply to seeing.They act as a forbidden fruit for the protagonists. Both want the thing society doesnt allow them to have, both wanted the thing their duty wont allow them to have but they both conform to what is expected of them and do not follow their desires and stay in the Garden of paradise which is nothing like paradise. Ethan has Zeena to destroy his desires and Archer has May and the wealthy commu nity of New York to destroy his. Both offer up love for them but both are hit with complications Ellen is told by May that she is pregnant so that she would leave and Zeena shortens Matties stay. Newland Archer cannot belong to the socially elite because of what it is and will not be changed and this is why someone like Ellen is so exciting for him and Ethan does not belong in Starkfield as he is seen differently because of his injuries and something fresh like Mattie enhance his life. Both having a way to escape from new women in their lives makes it exciting for them. It can be realistic but both dont take the probability due to their duties. Martin Scorsese depiction of The Age of Innocence also deals with the same themes of desire and duty as the al-Quran does.Scorsese says that What I wanted to do as much as possible was to recreate for a masking audience the experience I had reading the book. He was enthralled by how Edith Wharton was able to blind the reader and he put his own persona on it. Scorsese shows Archers desire for a woman to mould through a symbol. The first thing we see when Archer meets Ellen alone for the first time just aft(prenominal) release his fiance is that of a painting of a woman who is faceless. This symbolizes how Archer wanted something different from which he would have seen everyday like May who was artificial. He wanted something he could mould himself something he could weft the blank face with and not what he was supposed to have a creation of factitious purity, so cunningly manufactured by a conspiracy of mothers and aunts and grandmothers and long-dead ancestress, because it was supposed to be what he wanted, what he had a right to, in order that he might exercise his lordly pleasure in shattering it like an image made of snow. (Wharton 35) this evokes that Archer desired something different against his duty to be with something that actually was attractive May and Scorsese was able to get this across by drawing ou r eye to the unfinished image.The conflict of desire and duty is based on the protagonists battle of wanting something different and sticking to something normal. He is understandably supply up with the duties that he along with people in his same wealthy state are supposed to do. With the emergence of Ellen he finds love in a place where everyone else in that society would be humiliated about. The Age of Innocence shows how desire can throw a life off the straight and narrow. left wing with though not knowing what would have been the best outcome as he does stay with May. What would have become of him if he went with his desires? Love has no limitations and it is says conquers all but not in this case he is held back from his duty as being a husband and a father instead of leaving with May.

Consumer Behavior Essay Example for Free

Consumer Behavior EssayThis section describes the roles of crossroad appearance in the process of consumer evaluation and extract. For this aim, literature in the fields of intersection point development, harvesting purpose, consumer behavior, marketing, and human factors has been searched. The literature shows that the visual appearance of a overlap tidy sum influence consumer product evaluations and choice in several ways. few(prenominal) authors considered the role of product or package appearance in consumer product evaluation or choice (Bloch, 1995 Garber, 1995 Garber et al. , 2000 Veryzer, 1993 Veryzer, 1995).However, they did non discuss explicitly the different ways in which appearance influences consumer choice and their respective implications for product invention. In addition to these more recent contributions to the literature, the functions of a product in consumerproduct interaction are described in earlier industrial human body literature (Lo? bach, 1976 Pilditch, 1976 Schu? rer, 1971). Several of these functions concern product appearance. there are differences amidst authors in the number of roles (i. e. , functions) of product appearance they distinguish and the terms they use.For face, communication of respite of use was mentioned by Bloch (1995) and was described as part of the aesthetic function by Lo? bach (1976), speckle Veryzer (1995) called it the communicative function of a product appearance. If all the roles mentioned in the literature are considered as a whole, the following six roles of product appearance for consumers can be distinguished (1) communication of aesthetic, (2) symbolic, (3) functional, and (4) ergonomic product information (5) attention drawing and (6) categorization. A description of these six roles and their implications for product design follows.Product visual aspect and Aesthetic Product Value The aesthetic assess of a product pertains to the pleasure derived from seeing the product, w ithout considerateness of utility (Holbrook, 1980). A consumer can value the look of a product purely for its own sake, as looking at something beautiful is rewarding in itself. When product alternatives are similar in mental process and price, consumers will prefer the one that appeals the most to them aesthetically (see, for example, Figure 1). Aesthetic responses are primarily excited or feeling responses, and as such they are very personal (Bamossy et al. , 1983).Several researchers have assay to determine properties of products that are related to aesthetic appreciation. Innate preferences are proposed for visual organization principles, such as unity (i. e. , congruence in elements), proportion (e. g. , the Golden Section), and symmetry (Hekkert, 1995 Muller, 2001 Veryzer, 1993 Veryzer and Hutchinson, 1998), and an inverted U-shaped relation is proposed between aestheticpreference and complexity (Berlyne, 1971). Another property influencing aesthetic judgments is colouris e.The desirability of a color will transport tally to the object to which it is applied (e. g. , a car or a table) and with the style of the object (e. g. , modern or Georgian) (Whitfield and Wiltshire, 1983). In addition to (innate) preferences for certain properties of stimuli, prototypicality is demonstrate to influence the aesthetic response. Proto typicality is the degree to which something is representative of a category (see also the section about categorization). In several studies, evidence is found for a positivist influence of visual prototypicality on aesthetic preference (Hekkert, 1995 Veryzer and Hutchinson, 1998 Whitfield and Slatter, 1979).According to Hekkert et al. (2003), products with an optimal combination of prototypicality and novelty are preferred aesthetically. As well as the product-related characteristics previously mentioned, there are cultural, social, and personal influences on design savor. For example, color preferences differ between cultures an d in time (Whitfield and Wiltshire, 1983). In addition, personal factors, such as design acumen, prior last, and personality influence the design taste of consumers (Bloch, 1995).The influence of an aesthetic judgment on product preference can be moderated by the perceived aesthetic fit of the product with other products the consumer owns, or his or her home interior (Bloch, 1995). Product Appearance and exemplary Product Value Consumer goods carry and go past symbolic substance (McCracken, 1986). Symbolic value even can be the key determinant for product selection (Hirschman and Holbrook, 1982) and can account for the selection of products that clearly are inferior in their tangible characteristics (Levy, 1959).An example of the latter is Philippe Starcks Juicy Salif lemon squeezer (Lloyd and Snelders, 2003). The choice for a specific product or strike off may convey the kind of person someone is or wants to be consumers use products to express their (ideal) self-image to the mselves and to others (Belk, 1988 Landon, 1974 Sirgy, 1982 Solomon, 1983). Symbolic meaning can be attached to a product or brand on the primer of, among other things, advertising (McCracken, 1986), country of origin, or the kind of people using it (Sirgy, 1982).But the productitself also can communicate symbolic value in a more direct way, namely by its appearance. A products appearance communicates messages (Murdoch and Flurscheim, 1983), as it may look cheerful, boring, friendly, expensive, rude, or childish (see, for example, Figure 2). In addition, a certain style of appearance may evoke associations with a certain time or place (e. g. , the Fifties). Furthermore, the product or package appearance can reinforce the image of a brand, as the identity of a brand is expressed visually in the appearance of products (Schmitt and Simonson, 1997).Consumers may attach the meaning of a brand to elements of the physical appearance of products. In this way, a brand image may convert to d ifferent kinds of products (see the section about categorization). Many companies therefore make consistent use of certain design elements, such as a color combination, a distinctive form element, or style. For example, car manufacturers a lot try to keep different car models recognizable as belonging to the same brand. The distinctive radiator wirework of BMW automobiles is an example of a recognizable design element.The linking of brand meaning to elements of the product appearance will be easier when the associations these elements engender by themselves (e. g. , because they are innate or are determined by culture) correspond to the craved brand image. For example, use of bright colors and a large size, which is associated with aggression (Murdoch and Flurscheim, 1983), will make it easier to baffle a car brand as aggressive. Although there are large individual and time-specific differences in the experience of color and form, there are certain associations that seem to be re latively constant.Overviews of the influence of form and color on consumer perception of symbolic value (but also ergonomic and aesthetic value) can be found in Muller (2001), Murdoch and Flurscheim (1983), Schmitt and Simonson (1997), and Whitfield and Wiltshire (1983). For example, angular forms are associated with dynamism and masculinity, while roundness evokes softness and femininity (Schmitt and Simonson, 1997). grow is an important determinant of the interpretations that consumers give and the associations they have with certain factors of aproducts appearance. For example, color associations pull up stakes from culture to culture (Whitfield and Wiltshire, 1983). In America and Europe, the color bloodless stands for purity, and brides traditionally dress in white in Japan itis a color of mourning. Furthermore, meaning is context dependent. The impression that colors give may change completely by combining certain colors (Muller, 2001). Also, the meaning of forms and colors may change in time, as meanings are continuously transformed by movements in art, fashion, etcetera (Muller, 2001).There is some debate about whether symbolic interpretation is part of the aesthetic experience. In most literature, aesthetic value is mentioned as botha hedonic impression and a result of interpretation and representation (Schmitt and Simonson, 1997 Vihma, 1995). It is acknowledged in this denomination that whether a product is conceived of as beautiful is affected by what it represents (Vihma, 1995). The same style can be considered good taste at one point in time, while being considered bad taste 10 years later, because the connotations associated with it or the interpretations given to it have changed.For example, orange was a modern color for clothes, furniture, and charge card products in the Seventies, generally was perceived as old-fashioned and ugly in the Eighties, and became used in products and clothes again in the Nineties. However, the view in this arti cle is that aesthetic and symbolic value should be distinguished, as they may have opposite influences on preference. For example, someone who likes a colorful design may not buy it because it looks too childish. Product Appearance and Functional Product Value

Amusement Park Industry Essay Example for Free

diversion Park industriousness Essay The fun assiduity in India is at a growing stage currently with more and more increases happening in this fabrication all a puzzle the country. The size of the Indian Amusement Park business is estimated to be come out Rs 4000 crores and is estimated to grow by 10% per cent per annum till 2010. The amusement and theme car park perseverance is deemed to be worth Rs. 10000 crores in India by 2020. Janaki Rao. U Analyst rightfulness look into Desk emailprotected com periodly for a universe of discourse of 1. 15 bingle thousand thousand in the country, there ar only 120 amusement see and 45 Family Entertainment Centers.This indicates that the step-up potency difference of Indian amusement and theme park diligence is substantial. Global leaders in delight set and attractive features equal Universal Studios, Disney, Sony and Ripley Entertainment ar mulling everyplace enthronizations of one thousand thousands of d ollars in India considering the vast potential in this region. Private equity funds argon also aggressively dedicating resources towards this sector. The Indian s promenade and big players in the Amusement Industry argon looking at the tremendous proceeds potential of this pains in the near 5 corpses. Growth of Indias retail sector had been the main driving force for the amusement industry in India. Globally, domestic and international tourists comprise more than 50% of the total footfall at fashionable amusement parks. Transport corridors like expressways and the metro bank line are bringing an increasing number of great deal closer to merriment hubs. The postgraduate egression potential of the industry in highly populated India leave alone hike tourism, social infrastructural development as well as employment generation. The success and growth potential of this industry is resulting into the advent of revolutionary manufacturers of amusement parks rides in India .V. S. R. Sastry Vice President paleness Research Desk 91-22-25276077 emailprotected com Dr. V. V. L. N. Sastry Ph. D. Chief Research Officer emailprotected com 1 twenty-second May, 2010 CONTENTS 1. Sector Over suppose 2. Current Trends 3. Profile of top three Indian Companies 4. SWOT Analysis 5. Conclusion 2 twenty-second May, 2010 1. Sector Overview Structure study The amusement and theme park industry in India is about two decades old and it is relatively new(a) when compared to its origin in USA Europe.This industry found its roots in India during mid and late mid-eighties when a few innovative entrepreneurs took challenge of pioneering few amusement parks in Delhi, Kolkata, Mumbai and Chennai. The growth in this industry st machinationed only in the last decade and that happened possibly during the advent of globalization when economic potential of the social capital began to be perceived. A recent grocery survey research shows that this industry in India is growing at a rapid pace and over 120 amusement parks and peeing parks are currently in surgical process in India.Out of them only 15% do-nothing be bodified in the large parks category, 30% as medium size parks and balance 55% are small size local parks. Investments to the tune of Rs 10,000 crore are likely to liquefy into the domestic amusement and leisure sector by 2020 with about 500 new parks are imparted to come up across the country. The Rs 4,000-crore Indian amusement and leisure industry expects fresh investment of Rs 10,000 crore by the division 2020. In terms of employment generation, the new parks are likely to reach jobs for six crore man-hours per month.It is estimated that the total capital investment made in the amusement and theme park industry in India till date, is more than INR 40 billion (excluding investment on earthly concern). The estimated annual r scourue generated by this industry is approx INR 20 billion, at generate, which is expected to grow to almost t hree times by the year 2020 at a CAGR of over 11%. 3 twenty-second May, 2010 Amusement position are inexpert facilities that offer a varied range of cheer options ranging from theme parks to spine chilling curler coaster, 3D theater to giant wheel, in a cluster format.These parks provide one-stop-shop leisure and pastime solutions for the entire family at one place and are a key source of tourist attraction (domestic and foreign) and revenue generation for the State. The demand for frolic options such as amusement parks, I-max, shopping malls are apace increasing across the Country. The key demand drivers for the segments are rising base of middle class, increasing usable income, changing lifestyle, cultural shift and increasing emphasis to lead a holistic life with a balance of work and leisure. Tourism- Amusement parks.During the last decade domestic tourism had grown 14% on an average and currently it is estimated at 527 one million million million. Out of this, the am usement park industry generated only 15 million footfall during last year. Globally, domestic and international tourists comprise more than 50% of the total footfall at usual amusement parks. We give notice, therefore, expect that there would be manifold increase in footfall in amusement parks in India as the large parks in India are gradually converting themselves to large destination parks with additional investments following the foot steps of large global parks.Currently for a population of 1. 1 billion in the country, there are only 120 amusement parks and 45 Family Entertainment Centres. This indicates that the growth potential of Indian amusement and theme park industry is substantial. The high growth potential of the industry in highly populated India leave boost tourism, social infrastructural development as well as employment generation. The success and growth potential of this industry is resulting into the advent of new manufacturers of amusement parks rides in India . 4 twenty-second May, 2010.Today, Indian manufacturers can produce international cadence lumber products at a competitive price for both the domestic and the global market. Both these areas spend a penny heavy potential. Amusement parks wealthy person not received their due recognition for their enormous potential as an infrastructural facility for tourism. The amusement industry worldwide is a very significant part of the tourism effort. In India, the tourism policy does not address the needs and the potential of the amusement industry. As such, at once the amusement industry in India receives no special incentives. pleasure Industry Amusement parks Recreation Industry is currently one of the most evoke sectors in India. The current market for leisure is estimated to cross USD 1 bn in next few historic period. The leisure industry mainly consist of amusement park, malls family entertainment centers (FECs) and multiplexes. The present consumer base is estimated around 30 m illion people. At present there are around 200 FECs in the Country and the number is expected to grow to 400 in the next duette of years. Amusement parks contribute nearly 40% of the total leisure industry turnover.Through the years though there is a healthy growth, but at the same time it is burdened by local entertainment task ranging from 10 to 25 per cent in various states. Further if either imposition of Central Tax like Service Tax will cripple the whole industry. The industry can absorb either of the taxes and not both, he stated. Further he urged to make amusement industry an integral part of tourism and development in India at the Central Government Level. Recreation Industry is currently one of the most exciting sectors in India. The current market for leisure is estimated to cross USD 1 bn in next few years.The leisure industry mainly consist of amusement park, malls family entertainment centers (FECs) and multiplexes. The present consumer base is estimated around 30 m illion people. 5 22nd May, 2010 At present there are around 200 FECs in the Country and the number is expected to grow to 400 in the next couple of years. Amusement parks contribute nearly 40% of the total leisure industry turnover. Retail- Amusement parks Growth of Indias retail sector had been the main driving force for the amusement industry in India. Famous Ten Amusement parks in India1. Veegaland Park Situated at Pallikkara, this state of art Amusement Park is just now 14kms away from Kochi/Cochin. Spread over a whooping 24 the three estates of land, its 7 storey high Vintage Castle and Caterpillar Village give a Fairy baloney atmosphere. The musical Fountains, flower gardens, water pool and water slides add to the attraction of the Veegaland Amusement Park. 6 22nd May, 2010 2. Ocean Park Ocean Park is situated at Gandipet, 20 km. from Hyderabad, in 20 acres of landscaped gardens, an amusement park that you havent seen the likes of yet in India.It is one of the first theme parks started in twin-cities and continues to be a great hit especially with children. But it is not the young ones alone who enjoy, even adults can have lots of fun here. It is a family amusement park offering a good mix of fun and thrills for people of all ages with water rideskiddies pool, wave pool, water slides, dry rides- super loop, the 60 feet high ride, bumping cars, slam bomb etc. . 7 22nd May, 2010 3. Ramoji Film urban center Ramoji Film City is the ultimate leisure destination for holi age, honeymooners, corporate conferences, events, theme parties, adventure camps, family picnics and grand weddings. this world s largest combine film studio complex spread over 2000 acres of land.It was opened by the Film producer Ramoji Rao in the year 1996. Its about 25 kms from the main city of Hyderabad and is open the 7 days of a week. The Film City Complex has urban landscapes of US and Australia as well as India. They have the Amazon Army Base as the newest additions to the att ractions of the Film City. 8 22nd May, 2010 4. Fun n fare Village Fun N fare Village at Delhi was set up in the year 1993. Fun N Food Village is situated at Old Delhi-Gurgaon Highway which is just 3 kilometers away from the Delhi international airport.Fun N Food Village is for all ages of people. Fun N Food Village in Delhi was inaugurated by former President of India Giani Zail Singh. 9 22nd May, 2010 5. Essel World Pan India Paryatan Pvt. Ltd. (PIPPL) is the caller-out holding EsselWorld Indias Largest Amusement Park and Water landed estate Asias Largest Theme Water Park. Pioneers in the entertainment and leisure industry, it was EsselWorld that pulled people out of the staid environment of conventional pleasure trips and unfolded before them the exciting new scenario of a complete leisure destination.A sprawling complex on the coastal Gorai closure in northwest Mumbai, The Island of Fun is sprawled over 64 acres and is a refreshing gateway to a whole new world of excitemen t and fun. The second phase in the expansion plans for PIPPL, Water Kingdom makes this twin park complex a complete destination by itself. Its never-before seen attractions set amidst unequaled architecture with international standard amenities and hygiene catapult Water Kingdom into a antithetical league. It is the only, truly international water park experience in India. 10 22nd May, 2010 6. jeopardise Island sprawl over an area of 62 acres in North West Delhi, it has been made with the venture of Unitech Ltd and global Amusement Ltd. Its a 164 crore project with a water park and Planet Pogo. There are 26 rides in all and all of them have been imported supplied by leading European manufacturers such as Intamin, Moser and Zamperla, who supply rides to Disney, Universal Studios and Six Flags. The park is especially popular amongst children and teenagers. The entire Island consists of world class amusement Park, an adventure island and a water park.Retail Environment electron t ube Walk (Delhi) is spread across 2. 21 lakh sq ft and is anchored to the park. It overlooks a large lake which acts as a separator between the mall and the park. The Park has 26 rides spreading in an area of 3. 5acres. 7. Entertainment City It is thought of as Disney attain of India the Entertainment City in Noida. Unveiled by former cricket captain and entrepreneur Kapil Dev, it spreads over a whooping 147 acre land with an investment of Rs 10 billion. Built over an area of 100 acres of land, the park has more then 30 rides, supplied from European manufacturers.The Entertainment City Park has three entertainment zones, one for kids, one for teenagers and one for families each with its own separate rides, attractions and food courts. In addition to this it also has a Shopping complex known as the Great IndiaThe Entertainment City is a is a sound out venture between Unitech and International Amusement Limited, the promoters of Appu Ghar (Delhi). 11 22nd May, 2010 8. Nicco Park It is situated in the bone marrow of the main City of Calcutta in Salt Lake its one of the most happening place for the kids and teenagers. The elders simply go to sleep to be here.Covering an area of 40 acres, it was opened in the year 1991. Jheel Meel was the previous name of the park. It was renamed in the year 1990 with the restructuring of the park. Its the only Amusing Park in the world which has got ISO 9002 certification. It draws a whopping 1. 5 million people every year. 9. Gujarat Science City Gujarat Science City has been made with a view of imparting education in the form of entertainment. On one of its side, it has small village while on other side the suburban urban area reflects technological atmosphere. The Gujarat Science City has something different from others in the country.Visited by the former Indian President and Scientist Dr. J P Abdul Kalam it exhibits, mind blowing experience, models which can be worked upon, a showcase of virtual reality, activity corner s, hands on labs and live demonstrations to provide an understanding of science and engineering to the common man. 10. Platinum Resorts The silent yet beautiful theme park of West Delhi is spreading at 14 acres of land. Big lawns here and the greenery calls people to view the scenery beauty amongst the riot voice of the city lights. Its a Resort cum Water Park. The beauty of the Park can be seen from the entrance itself.It has a huge big entrance with the hugeness it looks more magnificent. The Platinum Resort is just a 30 minutes drive (25 km drive from Paschim Vihar, on Delhi-Rohtak Road, NH no. 10. Its a good place for family gatherings, parties and of course the entertainment of the entire family. 12 22nd May, 2010 13 22nd May, 2010 Current trends Amusement parks seek uniform entertainment tax The Indian Association of Amusement Parks and Industries, apex body of the amusement parks, has sought uniformity in the entertainment tax being enforce by different states.The Associati on rues that the exorbitantly charged entertainment tax by some states is a major impediment in the growth of the industry in these regions. West Bengal, Punjab and Gujarat charge entertainment tax at 20%, 40% and 25% respectively, whereas the entertainment tax rate hovers around 5-15% in volume of the states. Real Estate companies plans to enter into this market Though the unorganised players hold a majority serving in the market, the organised players are also expanding their base. Groups like Nicco Parks, Zee group, Unitech Turner and various real estate companies are developing amusement parks in different regions.The foreign developers are also stepping into the Indian amusement industry through collaborations with Indian companies. 14 22nd May, 2010 V Guard group entered into amusement parks V Guard Group of companies, based in Cochin in Kerala, is negotiating with property owners in Mumbai and Chennai for starting amusement parks. The group, which is running Veegaland in C ochin and Wonderla near Bangalore, has identified a place near Chennai to start a watertheme and amusement park, but negotiations were still on. Growing conveyingation facilities.Transport corridors like expressways and the Metro line are bringing an increasing number of people closer to entertainment hubs. To that extent, they trigger growth of formal means of entertainment. One major development witnessed in National Capital Region (NCR) over the last 4-5 years has been the expansion of Delhi Metro line. This process started in Central and Western parts of the city and is now on course to link South Delhi and Gurgaon. This has provided common man with a mode of transport that is both economical and convenient.While daily journeys like the ones to college or workplace have been simplified the occasional(prenominal) weekend outing too has been made much simpler as a result of enhanced connectivity to popular entertainment destinations. 15 22nd May, 2010 Expansion of Metro rail pr oject One of the first entertainment destinations, which is strategically located near Rohini Metro Station, was launched by Unitech. This project was launched prior to the completion of the Metro line and has been fully operational since December 2007.It comprises Adventure Island an amusement park and the Metro Walk MallThe expansion of Delhi Metro gives us reason to be very optimistic about future of our projects in Rohini, especially Adventure Island. While the city is dotted with malls and retail spaces this is one of the few amusement parks and hence we expect a significant increase in footfalls upon extension of Metro line to South Delhi and Gurgaon, as blank will no longer be a prime consideration. Profile of top three Indian Companies 1. Nicco parks resorts ltd.NPRL was merged with the prime objective of providing educative entertainment and wholesome recreation for the entire family simultaneously promoting tourism. NPRL presents a complete leisure package in an eco-f riendly atmosphere with thrilling rides, eateries, exclusive landscaping, and indoor sports. This amusement park offers all kinds of entertainment under one roof and handles its offerings with professional elan. Business area of the keep comp whatsoever At Nicco Park, it offers a wide range of rides and facilities, which the company manufactures in addition to setting up the operation of Amusement or Water Parks on turnkey basis.16 22nd May, 2010 The company is associated with TUV, India (affiliated to TUEV, Germany) who commissioning an annual inspection of all its major rides along with manufacturing inspections for the new rides based on approved quality assurance plans. The company can offer overall consultancy to set-up and run Theme Parks successfully. At the market price of Rs. 70. 00, the stock trades at P/E of 15. 35 x and 12. 96 xs for the loot of FY10E and FY11E respectively. Earning per portion out (EPS) of the company for the earnings of FY10E and FY11E is seen at Rs. 4. 56 and Rs. 5.40 respectively for equity package of Rs. 10. 00 each. We recommend subvert in this finicky scrip with a target price of Rs. 85. 00 for Medium to Long term investment. Particulars Net gross revenue (Rs. Mn. ) Net Profit (Rs. Mn. ) EPS (Rs. ) FY08 214. 80 12. 80 2. 73 FY09 244. 00 21. 30 4. 56 % Chg. YoY 13. 59 66. 41 67. 03 17 22nd May, 2010 2. South Asian Enterprises Ltd South Asian Enterprises (SAENTER) is engaged in the business of setting up and running amusement parks and has ventured into the real estate and films. It was incorporated on Mar. 21, 1990 and came out with a normal issue on Mar. 30, 1994.Earlier known as South Asian Entertainment, it acquired its present name on Feb. 24, 1995. Associate companies implicate VLS Capital, Gaurav Overseas Exports, Needle Eye Plastic Industries, Pragati Moulders, M. P. Mehrotra (HUF), VLS Finance, VLS Securities, VLS Investments, VLS Asset Management, and VLS Investments Inc. (USA). The first park was set up in the city of Kanpur under the name and style of Mikky House. Other parks were set up in Lucknow and Ayodhya. In FY08, the company ventured into marketing of earthing products and execution of contracts for earthing and lightning protection systems.It has also ventured into goggle box serials and film production in collaboration with AUM Sportainment. Come December is a recent production. At the market price of Rs. 12. 06, the stock trades at P/E of -0. 14 x and 22. 59 xs for the earnings of FY10E and FY11E respectively. Earning per share (EPS) of the company for the earnings of FY10E and FY11E is seen at Rs. -0. 54 and Rs. 0. 53 respectively for equity share of Rs. 10. 00 each. We recommend clench in this particular scrip with a target price of Rs. 20. 00 for Medium to Long term investment. 18 22nd May, 2010 Particulars FY09 FY10E % Chg. YoY Net gross trades (Rs.Mn. )Net Profit (Rs. Mn. ) EPS (Rs. ) 7. 40 1. 87 0. 47 13. 03 -0. 54 76. 08 3. Mahindra Holidays Resorts India Ltd Mahindra Holidays Resorts India Limited was incorporated as a private limited company called Mahindra Holidays Resorts India Private Limited on September 20, 1996. The side of the follow was changed to a public limited company by a special resolution of the members passed at the annual general meeting held on January 29, 1998. The fresh certificate of incorporation consequent upon conversion was issued to the Company on April 17, 1998, by the Registrar of Companies, Tamil Nadu at Chennai. At the market price of Rs. 482. 00, the stock trades at P/E of 30. 72 x and 27. 92 x for the earnings of FY10E and FY11E respectively. Earning per share (EPS) of the company for the earnings of FY10E and FY11E is seen at Rs. 15. 69 and Rs. 17. 25 respectively for equity share of Rs. 10. 00 each. We recommend BUY in this particular scrip with a target price of Rs. 575. 00 for Medium to Long term investment. 19 22nd May, 2010 Particulars Net sales events (Rs. Mn. ) Net Profit (Rs. Mn. ) E PS (Rs. ) FY10 5101. 96 1178. 37 14. 44 FY11E 5694. 23 1307. 23 15. 69 % Chg. YoY 11. 61 10. 94 8. 66.SWOT Analysis Strengths Fastest growing sector High margins Growing foreign Investments Customers satisfaction Weaknesses seasonal business Low entry fees No special incentives from govt 20 22nd May, 2010 Opportunities Currently for a population of 1. 15 billion in the country, there are only 120 amusement parks and 45 Family Entertainment Centers. This indicates that the growth potential of Indian amusement and theme park industry is substantial. Transport corridors like expressways and the Metro line are bringing an increasing number of people closer to entertainment hubs. The Indian gaming market is on the path of maturity, income levels are rising and people want to have a fun life. The foreign companies reportedly interested in the Indian amusement parks market include Universal Studios, Time Warner and Disney. Growing tourism industry Growing retail market Threats / Challenges Factors such as monsoon and cold weather affect the industry and in a year, only 100 days are the peak season for the parks. Lack of uniform taxation Govt policies Rising material cost of equipment 21 22nd May, 2010.Conclusion The high growth potential of the industry in highly populated India will boost tourism, social infrastructural development as well as employment generation. The success and growth potential of this industry is resulting into the advent of new manufacturers of amusement parks rides in India. Currently for a population of 1. 15 billion in the country, there are only 120 amusement parks and 45 Family Entertainment Centers. This indicates that the growth potential of Indian amusement and theme park industry is substantial.Global leaders in entertainment parks and attractions like Universal Studios, Disney, Sony and Ripley Entertainment are mulling over investments of billions of dollars in India considering the vast potential in this region. Priva te equity funds are also aggressively dedicating resources towards this sector. The growth of the Indian economy will drive the Industry to, grow both vertically horizontally. Vertically, in terms of the scale of investment and horizontally across the length and the breadth of the country. The greatest growth potential is the enormous amount of dormant/under-utilised land in Indias hinterland.Hotels and resorts are already showing interest in developing existing plots into anything form small play areas to full scale theme or water parks. _______________________________________________________ Disclaimer This document active by our research analysts does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable but we do not represent that it is accurate or complete and it should not be relie d on as such .Firstcall India Equity Advisors Pvt. Ltd. or any of its affiliates shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent faulting in the information contained in this report. This document is provide for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. 22 22nd May, 2010 Firstcall India Equity Research Email emailprotected com B. Harikrishna Banking B. Prathap IT A. Rajesh Babu FMCG C. V. S. L. Kameswari Pharma U. Janaki Rao Capital Goods E.Swethalatha Oil Gas D. Ashakirankumar Automobile Kavita Singh alter Nimesh Gada Diversified Priya Shetty Diversified Tarang Pawar Diversified Firstcall India also provides Firstcall India Equity Advisors Pvt. Ltd focuses on, IPOs, QIPs, F. P. 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