Dogs and Cats Compare and Contrast - 614 Words

Raising pets is a good habit; through it you can learn how to take care of domestic animals. You may also have many other advantages; such as while you raise a pet you will have a very sincere friend for you. Most people like to have cats or dogs as pets, but which is better cats or dogs. Both cats and dogs are easy to be raised but they differ in many things that you may prefer to raise one of them instead of the other. They differ in terms of cleaning, exercising, and training. It is already known that cats are very clean animals. They clean them selves by their tongues. They clean them selves using sands. Also cats clean their children. You do not need to clean them, just depend on them to make themselves clean. As cats do†¦show more content†¦They do not move a lot, unless there is a need to their movement. Dogs also do not create tricks; you need to teach them every single movement. Another important part in raising dogs is training; you need to have extra time to train your dog. Teaching your dog to obey instructions requires you allowing the dog to do the right commands and correct the wrong ones. You must never be too hard on the dog and avoid striking it; otherwise it will not obey you. If it tends to obey you because of punishment, it will be unhappy. Try to reward your dog as you train it, to get what you want and to make your dog follow the instructions. As a result of dogs requiring cleaning, exercising, and training, you have to provide your dog with proper leadership. In consequence, you will spend much more time to take care of your dog. While dogs and cats are a lot alike, you have to consider their differences before you choose your pet. As mentioned before cats do not require cleaning nor exercising or training, while dogs are in need of all these things. If you want to raise a pet then, try to manage your time before you choose your bestShow MoreRelatedCompare and Contrast Essay with Cats and Dogs1516 Words   |  7 PagesComp 1 Compare and Contrast Essay Cats and Dogs From my childhood until now, I have always been an animal lover. Over the years, I have owned lots of pets such as cats, dogs, fish, and hamsters. Currently I have one cat. Cats and dogs rank at the top of the most popular pets of today. Both of them have a vast number of similarities; however the differences between canine and feline are just as enormous. I am going to compare and contrast the similarities and differences between dogs and catsRead MoreCompare and Contrast the Similarities and the Differences Between Dogs and Cats.787 Words   |  4 PagesTopic: Compare and contrast the similarities and the differences between dogs and cats. Outlining: INTRODUCTION: Thesis statement: After living with them, I have noticed that although there are innumerable similarities between the dog and the cat, there are also some important differences. BODY: Paragraph 1: Cats and dogs have several similarities. + Both of them are domesticated animals kept as pets. + They eat meat, mice and never eat vegetable + They require love and affection andRead MoreCats vs Dogs Compare and Contrast Essay894 Words   |  4 PagesPeople can either be a cat person or a dog person. Cats and dogs are unique creatures yet they are the two most common household animals. I am definitely a dog person. I love dogs. I think everyone should have a dog. They’re great pets. Dogs are fun and a lot of work but it sure is worth it. Cats, on the other hand, I don’t care for. I had a cat when I was only about one year old and she got run over by a car. Ever since then my family has had a dog. Maybe if I had a cat when I was growing up IRead MoreAlfred Lord Tennyson Curiosity Analysis912 Words   |  4 Pagesboth poems are different despite having the same theme. Both poems present the theme in very different ways. Ulysses uses metaphors, similes, and a story like structure to get the theme across. Curiosity on the other hand presents the theme by using contrast, symbolism, tone and repetition. Reid a nd Tennyson uniquely get the idea of living life to the fullest across to the reader. Alfred Lord Tennyson’s Ulysses and Alastair Reid’s Curiosity share a common theme through very different subjects. Reid’sRead MoreCompare and Contrast Essay1265 Words   |  6 PagesDogs and Cats Compare and Contrast Essay Marielena Mendoza ENG 121 English Compositions I Instructor: Michael Gavino November 7, 2011 I. Introduction II. Dog A. Traits B. Independence C. Complexity III. Cat A. Traits B. Independence C. Complexity V. Conclusion Dogs and Cats A study done by The American Animal Hospital Association say; that if people were stranded on a desert island, they would prefer the company of their pet. Dogs and cats play a huge role in our lives, weatherRead MoreVygotsky And Vygotsky Theories Of Learning1257 Words   |  6 PagesTheories of learning In this essay, I will compare and contrast jean Piaget and lev Vygotsky theories of learning. First, I will discuss Piaget followed by Vygotsky then I will compare and contrast both theorists. Jean Piaget was a Swiss developmental psychologist and philosopher, he is known for his contribution to a theory of cognitive development. Piaget became interested in the reasons why children gave the wrong answers to questions that required logical thinking. He believed that these incorrectRead More Compare and Contrast: Passage 1: Description of Tom, Passage 2: Gatsby819 Words   |  4 PagesCompare and Contrast: Passage 1: Description of Tom, Passage 2: Gatsby seen The first passage is a description of Tom. He is portrayed as strongly built: It was a body capable of enormous leverage-a cruel body. He also seems to be a brutal an supercilious man. Words as arrogant, sturdy, gruff and husky create a mood around him which is quite unpleasant. This description is very objective and we get a clear picture of what Tom looks like. We are also given a description of TomsRead MoreHow to Write a Compare and Contrast Essay664 Words   |  3 PagesInstructions of How to Write a Compare and Contrast Essay 1 First look at the items you are supposed to compare and contrast. Do you understand them? If you are writing an essay outside of class, look them up. Start with your text book but also look at your notes from class, and even go and check them out at Wikipedia. If you are taking a test, and cant look things up, pause and think over what these things mean. The next two steps will help you remember. 2 Make a list of ways the twoRead MoreThe, Biological And Humanistic Approaches And Will Compare And Contrast Assumptions On Human Behavior1347 Words   |  6 Pagesof testing what factors can influence behaviour, varying from scientific to pure assumption in an attempt to understand human behaviour. This essay with explain the key ideas of the behaviourist, biological and humanistic approaches and will compare and contrast their assumptions on human behaviour. According to McLeod (2017), behaviourism is an approach in psychology that focuses on scientific testing and investigating how environmental interactions cause all human behaviour to be learnt. 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Too Big To Fail Free Essays

The idea that a business has become so large and ingrained in the economy that the government will provide assistance to prevent its failure. â€Å"Too big to fail† describes the belief that if an enormous company fails, it will have a disastrous ripple effect through shout the economy. The idea of too big to fail should never be possible. We will write a custom essay sample on Too Big To Fail or any similar topic only for you Order Now No single financial institute should have the power of bringing down our entire economy. The taxpayers should not have to be worried about whether or not their money is safe. There obviously has been a lack of leadership going wrought the economic system. If there were strong leaders put in place originally to deal with this situation, then so many things could have been prevented. A crisis that nearly destroyed our nation would have never even made it to the surface. I blame the lack of leadership for the economical scare. The worlds leaders should have been containing the problem as it started instead of allowing it to get that big and potentially blowing up. Fannies Mae and Freddie Mac could have been saved. But instead each bank was focused on their own needs which is understandable and appropriate. But since they were intertwined so heavily was no longer an option. These institutes should have kept their distance to prevent something from happening. Our economical leaders should have practiced better leadership skills and not but all our dollars in one basket. Because just like in 2008, if any piece of that basket were to break or be destroyed we all would go down. The buyout may have worked this time, but that is simple a patch on the service of our overall problem. Get some strong leaders in those seats and all these problem might just go away. How to cite Too Big To Fail, Papers Too Big to Fail Free Essays string(68) " were undertaking very risky ventures and even fraudulent activity\." Can banks become â€Å"too big to fail†, and should they be allowed to stay that way? On September 15th 2008, the investment bank Lehman Brothers filed for bankruptcy. It was, and still is, the biggest bankruptcy filing in U. S. We will write a custom essay sample on Too Big to Fail or any similar topic only for you Order Now history , with Lehman’s holding $691 billion in assets at the time. The event was the catalyst for the current financial crisis. By the end of trading that day, $700bn had been wiped off the global stock markets. The Dow Jones had plummeted 500 points, its biggest drop since the terrorist attacks of 9/11 . Despite rumours and knowledge that Lehman’s was struggling, with its share price dropping daily, the huge drop in the financial markets was due to the huge shock. No-one had been expecting this, as it was anticipated that the U. S. overnment would intervene and bail out the bank, as it had done previously for another investment bank Bear Stearns, and for the mortgage firms Freddie Mac (Federal Home Loan Mortgage Company) and Fannie Mae (Federal National Mortgage Association) earlier on in that month. Everybody had assumed that Lehman’s was simply too big to fail. The term â€Å"too big to fail† has become a phrase used to describe banks that are so interconnected, so large and so strategically important that if they were to fail the consequences could be catastrophic for the economies th ey inhabit . In November 2011, the Financial Stability Board released a list of 29 banks worldwide that it considered to be too big to fail, and gave its definition as â€Å"systematically important financial institutions are financial institutions whose distress or disorderly failure, because of their size, complexity and systemic interconnectedness, would cause significant disruption to the wider financial system and economic activity† . There is an intense debate as to whether banks should be allowed to be too big to fail or not. Those in favour consider the idea that those institutions that are too big to fail should be given special status by the governments and central banks. They also think the institutions should be the recipients of special protective policies that shield them from legislation that may harm them. On the other side, there are a lot of critics of the â€Å"too big to fail† train of thought. One of the main issues is the moral hazard problem that arises. If the banks know that the government will bail them out once they start to get into financial difficulties, then they will seek to profit from it. They will take higher and higher risks, and act more dangerously as they know they have a safety net to fall back upon. Opponents argue that if an institution is too big to fail then, instead of protective policies being gifted to it, much stricter regulations should instead be applied to prevent bankers from taking too many risks. Some go as far as to suggest that if the bank is too big to fail, then it is simply too big, and should be broken up. Proponents of this idea include Alan Greenspan, former Chairman of the Federal Reserve , and Mervyn King, the Governor of the Bank of England . Others suggest that no bank is too big to fail, and if it gets to the stage where a bailout is required then the bank should just be forced to go into liquidation. This topic is so interesting because of its massive impact upon the global economy at this current time. The sub-prime mortgage crisis, the collapse of many financial institutions and the massive levels of government bailouts have dominated the political agenda for the past four years or so, and are one of the causes of the recession we currently find ourselves in. Whilst rather outnumbered by the number of critics of too big to fail ideas, there are nevertheless a large number of people who consider that banks should be allowed to be and to become too big to fail. One area that they point to as a real asset is the sheer size of the bank itself. Being so large, they can conduct large financial operations using enormous sums of money. This allows them to provide more services, and to more people, than smaller banks. They can also lend in developing, growing countries, which often don’t have strong financial institutions of their own. Furthermore, their size and capital allows them to provide those services at cheaper rates than their smaller counterparts. The large banks can achieve much greater levels of economies of scale. Studies by Boyd and Heitz have shown that larger banks, (defined as having assets of over $50 billion), have higher scale economies than their smaller counterparts . The mean measure of scale economies in the banking industry is 1. 145, whilst the larger banks had a mean of 1. 25, implying that they were therefore 9. 2% more efficient than the rest of the industry. They hereby estimated that the larger banks’ economies of scale increased their contribution to national output by 9. 2%. These proponents argue that the social benefits derived from these economies of scale are beneficial enough to prevent the stricter reforms and changes being discussed by governments around the world from being implemented. One of the main arguments against banks becoming too big to fail is that a moral hazard problem occurs. Moral hazard is a basic economic concept, whereby one party entering a transaction will take more risky actions if they know they have insurance against the outcomes of those actions. At present, too big to fail banks have a variety of systems emplaced by the government, which protect them in the event that they run into financial difficulty. For example, in the U. S. the banks’ creditors get federal deposit insurance, which guarantees the deposits of bank creditors up to a certain amount in the event of bank failure , and this is just one of many. When the sub-prime mortgage struck in 2007 bankers and financial institution were undertaking very risky ventures and even fraudulent activity. You read "Too Big to Fail" in category "Essay examples" KPMG’s study, â€Å"Who is a Typical Fraudster? found that the most likely type of person to commit fraud was â€Å"A 36- to 45-year-old male in a senior management role in the finance unit or in a finance-related function† . One example, a loan was issued to a â€Å"sales executive† for Bay Area Sales and Marketing earning $8,700 per month for a $398k loan on a house which was worth no more tha n $277k, and the â€Å"executive† had been unemployed since 1989 and had no income. Another example was a loan application form filled in for an investor for GNG Investments in Santa Clara California turned out to be a janitor making $3,901 per month. She got a house worth at the time $600k. The lack of regulation made it very easy for financial institutions to play fast and loose with their investments and projects. Goldman Sachs, the investment bank, is currently fighting a fraud suit brought about by the U. S. Securities and Exchange Commission (SEC) . They are accused of creating and selling a mortgage investment that was secretly designed to fail. Lehman Brothers has been accused of accounting fraud, by removing debt off its balance sheet to make it appear less leveraged, despite a massive leverage ratio of at times up to 40:1. Ernst Young, Lehman’s auditors, have since been sued by the New York Attorney General Andrew Cuomo . British banks too have been accused of misreporting. Northern Rock’s former deputy chief executive and former managing credit director were fined by the Financial Services Authority (FSA) for deliberately misreporting its mortgage arrears figures . If properly reported, the bank’s arrears figures would have reached 50%. These banks could behave in such a way because of the attitude of the U. S. overnment and other governments around the world – they knew they would receive public funding if things went badly wrong for them. Opponents of too big to fail banks are split into three main camps, those who think the banks need tighter regulation, those who believe they should be broken up, and those who think the banks should simply be allowed to fail. The most common line of thought is for tighter regulation, and it is not just politicians and other senior peop le who voice that opinion, most of the world seems to have been voicing it recently. Due to their reckless spending and playing of the markets, it is argued that the banks’ social costs far outweigh their social benefits. The fallout from the collapse of too big to fail banks is far greater than the benefit they bring from their large economies of scale. In 2009 the International Monetary Fund (IMF) has estimated the total cost of the global financial crisis to be around ? 7. 1 trillion . Boyd and Heitz estimate the social cost is around 40% of 2007 real per-capita GDP, and that the costs are far larger than the benefits . Increased regulation of banks that are deemed too big to fail would prevent the reckless behaviour seen leading up to this current crisis. There are many different ways of increasing the regulation being discussed as possible options, and some are being implemented. This is despite the vast lobbying efforts levelled at Congress by the banking industry (during reform debates, banks spent an estimated $1. 4 million per day to influence Congress) . One is the required increase in the minimum level of capital that banks hold. When the crisis hit, many banks had very high leverage ratios, the average being in the high twenties, with Lehman’s hitting around 40:1 at times. In June last year, the Group of Governors and Heads of Supervision (GHOS), the oversight body for the Basel Committee on Banking Supervision (BCBS) introduced legislation requiring banks to have additional levels of capital from 1 – 2. 5% depending on the bank’s systematic importance . Tighter regulation on banks’ liquidity levels is another area proposed, as is more regulation on â€Å"shadow banking† activities. Shadow banking† refers to financial institutions that fall outside the definition of a bank, for example hedge funds and structure finance vehicles (SFVs). In the U. S. , the ‘Dodd-Frank Wall Street Reform and Consumer Protection Act’ was introduced in 2010. This has created a new independent financial watchdog, (The Consumer Financial Protection Bureau); prevents future bank bailouts; eliminates loopholes that encourage risky ventures; brings in an advanced warning system for systematic risk and generally reinforces bank regulation. It is hoped throughout the U. S. hat it is legislation such as this which will prevent future crises from occurring. A key proponent of increased regulation is the Nobel Laureate Paul Krugman, who believes that the economies of scale are worth keeping, and that all that is needed is tighter regulation of both the banking system, and the â€Å"shadow banking† system . He says it is easy for people to point the finger at the size of vast banks and use a â€Å"greed culture† as blame for the crisis. He argues that it is not necessarily the size of the bank that is important; it is the interconnectedness that matters . These thoughts backed by Chen Zhou of De Nederlandsche Bank and Erasmus University Rotterdam, who used experiments to show it is the systematic importance, rather than the size of the bank which mattered . Another method proposed by opponents of too big to fail banks to deal with the problems is to deliberately break them up. This refers in particular to investment banking groups with commercial arms. In the U. S. , where there is more focus on dealing with the problem through increased regulation and legislation. In the UK, however, the argument is less settled. Whilst there are some proponents for bank separation in the U. S. , such as Alan Greenspan, quoted as saying â€Å"If they’re too big to fail, they’re too big† they are fewer than in the UK. Mervyn King is one, saying â€Å"It is not sensible to allow large banks to combine high street retail banking with risky investment banking or funding strategies, and then provide an implicit state guarantee against failure† . He wants banks broken up so that the separate parts can be much more highly capitalised. Sir John Vickers’ Independent Commission on Banking has been under pressure from politicians such as Vince Cable to conclude that the best course of action is to break up the larger banks. There are a lot of opponents to this idea, however. The main issue is where you draw the dotted line. Most banks don’t split into two convenient easy sections, it is all very intertwined and the line between investment and retail can be very blurred indeed. As Damian Reece, the Head of Business for the Telegraph says, â€Å"the boundaries between retail and investment banking are extremely blurred, if not invisible† . A possible compromise may be to make banks separate the operations internally, and then regulate them in that state. Lord Turner, the Chairman of the FSA, has recommended such a course of action in the review he carried out of the banking crisis . The review notes, â€Å"It does not therefore seem practical to work on the assumption that we can or should achieve the complete institutional separation of ‘utility banks’ from ‘investment banks’ which the advocates of that model suggest†. The last option is the most extreme one, whereby supporters propose that if a bank runs into trouble it is simply allowed to go bankrupt. Alton Drew, an independent policy analyst, is quoted as saying, â€Å"We should allow big banks to fail because ‘market stability requires it’† . However, I disagree with this idea. The collapse of Lehman Brothers is, in my opinion, a good example of the dangers of letting a bank fail. Whilst many people think that Hank Paulson, the then U. S. Treasury Secretary, deliberately let Lehman’s collapse to send a message to the banking industry, he and others involved have stated that it was just untenable to bail out Lehman Brothers. Paulson said, â€Å"I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers† and Neil Kashkari, the then Assistant Treasury Secretary justifies this: â€Å"The law requires the fed to be secured so that they’re not taking much risk. And so in the case of Bear Stearns, they lent $30bn against a pool of mortgages. In the case of Lehman Brothers, the question is what asset could they lend against† . However, many believe that Lehman’s was too big and too interconnected to let fail, and that the fallout from this has been far worse had it just been bailed out. John Thain, former CEO of Merrill Lynch said, â€Å"I believe that allowing Lehman Brothers to go bankrupt was a tremendous mistake. The amount of money it would have take, $20bn, $30bn, compared to the destruction in value that followed the Lehman bankruptcy, and the complete shutdown of the credit markets, the billions and billions and billions of losses that were experienced in the markets subsequently† . In conclusion, it is my opinion that banks can be too big to be allowed to fail, as seen in the example of Lehman Brothers. As Mervyn King said, â€Å"I don’t think any of us easily anticipated the kind of financial crisis we saw after the collapse of Lehman Brothers† and think that with hindsight, the U. S. Treasury and Federal Reserve would think a lot harder if they could go back and make that decision again. I don’t think that it is necessarily a bad thing for banks to be too big to fail. The economies of scale, and the vast wealth and expertise generated by these banks can be very beneficial to an economy. If full and proper regulations and legislation are put into place, the moral hazard that arises from the knowledge of guaranteed bail outs will cease, and so the social negativities generated will be greatly diminished. If properly policed, the too big to fail banks can be a social benefit to the world, rather than the cause of the greatest worldwide recession since the Great Depression. How to cite Too Big to Fail, Essay examples

Imaginary Europes Phantoms of the Past

Question: Discuss about the Imaginary Europes For Phantoms of the Past? Answer: The Way the writer has begun At the very beginning, the writer, Tommi Avicolli, intended to narrate about a Sissy. The term Sissy actually means a person who has been regarded as a coward. Bekers et al. (2015, p.127) stated that the writer narrates the nature of a pupil, quite weakling in nature. The way the writer has selected and ordered what is told In order to describe the nature of a womanish or feeble boy, the narrator begins the narration in an intense accusing tone and the narrator has maintained this tone and order until the end. The attitude the writer has maintained in the topic The writer has maintained a tough attitude from the beginning to the end. The approach of the author towards the boy was not very much sympathetic. The voice the writer has used here The voice the writer has intended to use here is out an out poetic. Avicolli has used some of poetic terms here that have an in-depth understanding. Those words includes sissy, memoirs, faggot and so on. The way in which the writer brings in and connects to the writing of others The writer has rendered an accusing tone on a pupil who is quite shy and feeble in nature and likes to keep himself aloof from all kinds of mundane affairs. Helff (2015, p.13) stated that some of the contemporary writer has also dealt with this kind of subject matter. The way the writer ends memoir The writer has concluded the narration making a polite and sympathetic tone while consoling the boy. Gikandi (2011, p.45) stated that the tone of the author at the beginning and the voice of the end has been exposed contradictorily. Reference List: Bekers, E., Bowers, M. and Helff, S. 2015. Imaginary Europes, phantoms of the past, conceptions of the future, Journal of Postcolonial Writing, 51(2), pp.127-131. Helff, S. 2015. Fragile balance: Imaginary Europes, transcultural aesthetics and discourses of European identity in Pawel Pawlikowski, Journal of Postcolonial Writing, 51(2), pp.132-143. Gikandi, S. 2011. Chinua Achebe and the Post-colonial Esthetic: Writing, Identity, and National Formation, Studies in 20th 21st Century Literature, 15(1), pp.45-50.

Maldoror and the Completed Works of the Comte de Lautréamont

Isidore Lucien Ducasse was one of the most mysterious poets in French literature. During his literature career, he used a pen name Comte de Lautrà ©amont and created only two works – Les Chants de Maldoror (in English, it is known as The Songs of Maldoror or just Maldoror) and Poesies. These works influenced considerably modern literature and are considered to be one of the first really surrealistic books. Advertising We will write a custom essay sample on Maldoror and the Completed Works of the Comte de Lautrà ©amont specifically for you for only $16.05 $11/page Learn More The Songs of Maldoror is one of the most exciting and horrifically wonderful books in French literature, and, probably, in the whole world. Maldoror is a bright surreal image of a great philosopher and murder simultaneously. The influence of the Lautrà ©amont’s work is really great; his idea of terrible and misunderstood human being, Maldoror, turned out to be a real shock during the times of its creation, and has even the greater power nowadays. Maldoror is the major character of this novel and its narrator. He addresses to the reader, to his victims, and to everyone who could accidently read this story. This character is a pitiless murder, a sadist, who tries to hide behind the mask of a great philosopher. He is an outcast, who does not want to follow the general rules set by the society. However, all these characteristics do not make his a really negative hero. He is a fighter; he has his strong point of views and is ready to prove them any time. He knows a lot about ethics and philosophy, and he also truly believes that this society is guilty because it cannot accept Maldoror as he is. â€Å"Mother, I can hardly breathe: my head aches†¦/See, he slumps against the back of chair, exhausted†¦/I hear in the distance prolonged screams of the most poignant anguish/My son!/Mother, I’m scared!† (Lautrà ©amont and Lykiard 45 ) At the beginning of the story, Maldoror even asks to forgive his intentions and ideas. He knows that what he is saying is weird, but he cannot do something to stop all this. He offers the reader to kidnap a child in order to torture him/her, enjoy the taste of his/her blood and tears. The first lines present a new character to the reader, he is really powerful with his own ambitions and intentions. He may easily present lots of evidences and proof that his ideas are correct. He says that blood is tasteless and this is what makes it so attractive. Maldoror has a burning desire to taste everything that not every person may allow and encourage the other to follow his example. One more idea, that deserves attention in this work, is Maldoror’s impiety. God is the creator of all beings in the world. He is the only one who has the right to create everything according to his own taste and desire. Maldoror cannot agree with such a decision to deprive him of being a normal part of t he world. Advertising Looking for essay on literature languages? Let's see if we can help you! Get your first paper with 15% OFF Learn More His ugliness and dissimilitude with the other humans makes him feel angry with God and despise own Creator. Such anti-theism of the main character contradicts all the religious aspects of those times and makes Maldoror unique and interesting to the reader. He blames God for all his sufferings and poor understanding from the society’s side. The character, created by Lautrà ©amont, is rather original for the literature works at the end of the 19th century. Any other writer has never created such personalities before and never used such strong evidences to prove his correctness of such inhuman ideas and actions. â€Å"His hero (or anti-hero) Maldoror is one of the greatest rebels of literature. Satanic, sadistic and Promethean, he plunges his whole being resolutely into evil and monstrosity, breaking taboos in search of tran scendence.† (Rees 266) Another aspect that fascinated me a lot is the author’s imagery of animals. Ducasse compares humans with numerous animals, both exotic and everyday ones. In order to be like an animal, a human being should get rid of personal vanity. Pretension to culture and a fear to go against the set social norms – this is what binds the person and does not allow him/her to enjoy the life. The choice of animals is really unique. He does not concentrate on such animals as rabbits and polecats, which are always afraid of something and cannot prove their positions in this life. People cannot be compared to such small and cowardly creatures. Maldoror chooses such animals as sharks, eagles, wolves, turkeys, and tigers to underline their power and rights. These animals are described from a pure biological point of view, as this very standpoint cannot be disproved. Maldoror prefers to be a son of tiger or a shark. To my mind, in such case, he could easily exp lain his hunger and cruelty, which are so inherent to those both animals. After I read Maldoror and the Complete Works of the Comte de Lautrà ©amont, translated by Alexis Lykiard, I was pleasantly amazed by its violent content. The author did not afraid to use terrific words, describing the actions of Maldoror, and, even more, to encourage other people to do the same things. I really enjoy the structure of the novel – it was like a conversation of the main character, Maldoror with me. When he asks whether we ever taste the blood after we accidently cut a finger a bit, I unwittingly nod my head. Telling the truth, I have never thought that my blood is tasteless. Advertising We will write a custom essay sample on Maldoror and the Completed Works of the Comte de Lautrà ©amont specifically for you for only $16.05 $11/page Learn More Of course, it does not mean that I start searching for a knife or something to cut my finger once again and check it . However, I start thinking whether its tastelessness makes any blood unique, and, upon the whole, what is so special about blood, and why so many people want to taste it. I suddenly remember the movies about vampires and other butchers, who cannot but admire someone else blood. The characters of these movies get unbelievable pleasure from other people’s blood, especially when people try to resist and fight for their lives. Is it possible that, inside of every person, a kind of vampire lives and tempts to break all moral norms from time to time and do something not inherent to all humans? Maldoror and the Complete Works of the Comte de Lautrà ©amont is a kind of time bomb that just has to blow up during these times. Modern culture and the interests of modern people, young people in particular, are quite different. Some readers may enjoy this book and be sure that it reflects a lot of burning issues, which trouble many people. However, some reader may find this book rather aggressive and inappropriate for everyone. It is possible that the readers of young age may comprehend the essence of the book in a wrong way and follow its examples without thinking about the consequences. This is why it is crucially important to make certain limitations on those, who can read this work, and those, who cannot. Without any doubts, the work by Comte de Lautrà ©amont is one of the best surrealistic books of all the times. Lots of translations have been already presented to the readers, the work by Alexis Lykiard is one of the best ones. Maldoror and the Complete Works of the Comte de Lautrà ©amont attracts many readers by its simple language and structure. From time to time, Lykiard uses long sentences in order to represent the oddness, which Isidore Ducasse wanted to underline. This book corresponds to almost all surrealistic features: gothic style, evil main character with its â€Å"correct† philosophy, identifiable plot, and a bit epic form. For French li terature, such work was not inherent. The author made an attempt to recede Romanism and lyrics, which characterized French literature of the 19th century, and presented a terrific hero, who evoked pity, fear, and misunderstanding simultaneously. This story cannot leave indifferent any person. Someone will be fascinated; the others may feel a kind of disgust. Not every writer may present such stories in the way, chosen by Ducasse: bold ideas, awesome actions, and animal desires. Such characteristics are not about an ordinary man. Advertising Looking for essay on literature languages? Let's see if we can help you! Get your first paper with 15% OFF Learn More Lots of them are beyond my understanding, however, such uniqueness amazes and fascinates me with every new page read. Our life changes every day, and we cannot be always ready to these changes. However, Isidore Ducasse created this story at the end of the 19th century, and could not even guess that his story would be relevant during all the centuries. Works Cited Lautrà ©amont, Comte. Maldoror and the Complete Works of the Comte de Lautrà ©amont. Trans. Alexis Lykiard. Cambridge: Exact Change, 1994. Rees, William. The Penguin Book of French Poetry. Penguin Classics, 1992. This essay on Maldoror and the Completed Works of the Comte de Lautrà ©amont was written and submitted by user EddieLau to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Mary Shelleys Cloning essays

Mary Shelley's Cloning essays If we look at Mary Shelleys Frankenstein, cloning and the moral issues surrounding it become prevalent. The creature in the novel was in essence and by definition a human clone. The real monster in the story, though, was doctor Frankenstein himself. He attempts to do humanity a service by searching for a way to cheat death and perpetuate life. In doing so, the doctor creates a being that ironically takes life away. Shelleys position on cloning is that the possible benefits are not positive enough to overcome the bad and, thus, that cloning is negative in practice. Her opinion is only one out of many. There are a great many positives that cold also come out of cloning as well. A clone is a replication of an individual in a select species that is created asexually. The first question you have to answer when dealing with human cloning is What is a human? To be human and have the characteristics of the species are the ultimate goals for a clone. A human being is a creature who thinks on a higher level than other animals. The thing that separates us as humans from other animals is the ability to reason. The capacity to learn and differentiate between any number of things and analyze that same information is a defining characteristic of reasoning. If a clone is created asexually, the question that stems from this creation becomes, Is this thing human? Although on a much higher level of thought than animals, people still have instinctual reactions toward everything. Mankind is afraid of the things it does not know. Being that we do not know what exactly a clone will be in our society or if it will be the same as the rest of us, it is understandable that people, with this innate feeling of anxiety, fear clones. This feeling could explain our continual search for all the answers to the questions of life, philosophy, and the arts. We also get a sense that we as humans nee...

A Comparative Study of Professional and Traditional College Students Perception Towards Two Wheeler Brands

A RESEARCH REPORT ON â€Å"A COMPARATIVE STUDY OF PROFESSIONAL AND TRADITIONAL COLLEGE STUDENTS PERCEPTION TOWARDS TWO WHEELER BRANDS† CONTENTS 1. HISTORY OF BAJAJ ? Profile ? Key Person ? Bajaj Introduction ? Company History ? Timeline Of New Release 2. HISTORY OF HERO HONDA ? Board Of Directors ? Company Profile 3. HISTORY OF TVS 4. OBJECTIVES OF THE RESEARCH 5. RESEARCH METHODOLOGY ? Data Source ? Research Approach ? Sampling Unit ? Data Completion And Analysis ? Scope 6. LIMITATION OF RESEARCH STUDY 7. ANALYSIS AND INTERPRETATION 8. FINDINGS 9. CONCLUSION 10. RECOMMENDATION 11. BIBLIOGRAPHY 12. QUETIONNAIRE Bajaj Auto limited is one of the largest two wheeler manufacturing company in India apart from producing two wheelers they also manufacture three wheelers. The company had started way back in 1945. Initially it used to import the two wheelers from outside, but from 1959 it started manufacturing of two wheelers in the country. By the year 1970 Bajaj Auto had rolled out their 100,000th vehicle. Bajaj scooters and motor cycles have become an integral part of the Indian milieu and over the years have come to represent the aspirations of modern India. Bajaj Auto also has a technical tie up with Kawasaki heavy industries of Japan to produce the latest motorcycles in India which are of world class quality The Bajaj Kawasaki eliminator has emerged straight out of the drawing board of Kawasaki heavy industries. The core brand values of Bajaj Auto limited includes Learning, Innovation, Perfection, Speed and Transparency. Bajaj Auto has three manufacturing units in the country at Akurdi, Waluj and Chakan in Maharashtra, western India, which produced 2,314,787 vehicles in 2005-06. The sales are backed by a network of after sales service and maintenance work Shops all over the country. Bajaj Auto has products which cater to every segment of the Indian two wheeler market Bajaj CT 100 Dlx offers a great value for money at the entry level. Similarly Bajaj Discover 125 offers the consumer a great performance without making a big hole in the pocket. Bajaj Auto is a major Indian automobile manufacturer. It is Indias largest and the worlds 4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and Chakan, near Pune. Bajaj Auto makers motor scooters, motorcycles and the auto rickshaw. COMPANYS HISTORY Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj in Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicles and produced and sold 1 million vehicles in a year. Timeline of new releases ? 1971 three-wheeler goods carrier ? 1972 Bajaj Chetak ? 1976 Bajaj Super ? 1977 Rear engine Autorickshaw ? 1981 Bajaj M-50 ? 1986 Bajaj M-80, Kawasaki Bajaj KB100 ? 1990 Bajaj Sunny ? 1994 Bajaj Classic ? 1995 Bajaj Super Excel ? 1997 Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw ? 1998 Kawasaki Bajaj Caliber, Legend(Indias first four-stroke scooter) ? 2000 Bajaj Saffire ? 2001 Eliminator, Pulsar 2003 Caliber115, Bajaj Wind 125, Bajaj Pulsar ? 2004 Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj Discover DTS-i ? 2005 Bajaj Wave, Bajaj Avenger, Bajaj Discover ? 2006 Bajaj Platina ? 2007 Bajaj Pulsar-200 Scooters ? Bajaj Sunny ? Bajaj Chetak ? Bajaj Cub ? Bajaj Super ? Bajaj Wave ? Bajaj Legend Motorcycles ? Kawasaki Eliminator ? Bajaj Pulsar ? Bajaj Kawasaki Wind 125 ? Bajaj Boxer ? Bajaj CT 100 ? Bajaj Platina ? Baja j Caliber ? Bajaj Discover ? Bajaj Avenger ? Bajaj Pulsar 220 DTS-Fi Upcoming Models Bajaj Krystal ? Bajaj Blade ? Bajaj Sonic ? Bajaj XCD String New Image The company, over the last decade has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer, product range ranging from Scooterettes to Scooters to Motorcycle. Its real growth in numbers has come in the last 4 years after successful introduction of a few models in the motorcycle segment. The company is headed by Rahul Bajaj who is worth more than US$1. 5 billion. India has the largest number of two wheelers in the world with 41. 6 million vehicles. India has a mix of 30 percent automobiles and 70 percent two wheelers in the country. India was the second largest two wheeler manufacturer in the world starting in the 1950’s with the birth of Automobile Products of India (API) that manufactured scooters. API manufactured the Lambrettas but, another company, Bajaj Auto Ltd. surpassed API and remained through the turn of the century from its association with Piaggio of Italy (manufacturer of Vespa). The license raj that existed between the1940s to1980s in India, did not allow foreign companies to enter the market and imports were tightly controlled. This regulatory maze, before the economic liberalization, made business easier for local players to have a seller’s market. Customers in India were forced to wait 12 years to buy a scooter from Bajaj. The CEO of Bajaj commented that he did not need a marketing department, only a dispatch department. By the year 1990, Bajaj had a waiting list that was twenty-six times its annual output for scooters. The motorcycle segment had the same long wait times with three manufacturers; Royal Enfield, Ideal Jawa, and Escorts. Royal Enfield made a 350cc Bullet with the only four-stroke engine at that time and took the higher end of the market but, there was little competition for their customers. Ideal Jawa and Escorts took the middle and lower end of the market respectively. In the mid-1980s, the Indian government regulations changed and permitted foreign companies to enter the Indian market through minority joint ventures. The two-wheeler market changed with four Indo-Japanese joint ventures: Hero Honda, TVS Suzuki, Bajaj Kawasaki and Kinetic Honda. The entry of these foreign companies changed the Indian arket dynamics from the supply side to the demand side. With a larger selection of two-wheelers on the Indian market, consumers started to gain influence over the products they bought and raised higher customer expectations. The industry produced more models, styling options, prices, and different fuel efficiencies. The foreign companies new technologies helped make the products more reliable and with be tter quality. Indian companies had to change to keep up with their global counterparts. Hero Honda Motorcycles Limited is an Indian manufacturer of motorcycles and scooters. Hero Honda is a joint venture that began in 1984 between the Hero group of India and Honda from Japan. It has been the worlds biggest manufacturer of 2-wheeled motorized vehicles since 2001, when it produced 1. 3 million motorbikes in a single year. Hero Hondas Splendor is the worlds largest selling motorcycle. Its 2 plants are in Dharuhera and Gurgaon, both in Haryana, India. It specializes in dual use motorcycles that are low powered but very fuel efficient. [Models] Bikes ? Hero Honda Splendor Plus ? Hero Honda Passion Plus ? Hero Honda Karizma ? Hero Honda CBZ ? Hero Honda Super Splendor Hero Honda CD Dawn ? Hero Honda CD Deluxe ? Hero Honda Achiever ? Hero Honda Glamour ? Hero Honda Ambition Hero Honda Splendor Model COMPANY PROFILE â€Å"Hero†, is the brand name used by the Munjal brothers in the year 1956 with the flagship company Hero Cycles. The two-wheeler manufacturing business of bicycle components had originally started in the 1940’s and turned into the wor ld’s largest bicycle manufacturer today. Hero, is a name synonymous with two-wheelers in India today. The Munjals roll their own steel, make free wheel bicycle critical components and have diversified into different ventures like product design. The Hero Group philosophy is: â€Å"To provide excellent transportation to the common man at easily affordable prices and to provide total satisfaction in all its spheres of activity†. The Hero group vision is to build long lasting relationships with everyone (customers, workers, dealers and vendors). The Hero Group has a passion for setting higher standards and â€Å"Engineering Satisfaction† is the prime motivation, way of life and work culture of the Group. In the year 1984, Mr. Brijmohan Lal Munjal, the Chairman and Managing Director of Hero Honda Motors (HHM), headed an alliance between the Munjal family and Honda Motor Company Ltd. HMC). HHM Mission Statement is: â€Å"We, at Hero Honda, are continuously striving for synergy between technology, systems, and human resources to provide products and services that meet the quality, performance, and price aspirations of our customers. While doing so, we maintain the highest standards of ethics and societal responsibil ities, constantly innovate products and processes, and develop teams that keep the momentum going to take the company to excellence in the new millennium†. This alliance became one of the most successful joint ventures in India, until the year 1999 when HMC had announced a 100% subsidiary, Honda Motorcycle Scooter India (HMSI). This announcement caused the HHM stock price to decrease by 30 percent that same day. Munjal had to come up with some new strategic decisions as, HMSI and other foreign new entry companies were causing increased intensity of rivalry for HHM. GROWTH The business growth of Hero Honda has been phenomenal throughout its early days. The Munjal family started a modest business of bicycle components. Hero Group expanded so big that by 2002 they had sold 86 million bicycles producing 16000 bicycles a day. Today Hero Honda has an assembly line of 9 different models of motorcycles available. It holds the record for most popular bike in the world by sales for Its Splendor model. Hero Honda Motors Limited was established in joint venture with Honda Motors of Japan in 1984, to manufacture motorcycles. It is currently the largest producer of Two Wheelers in the world. It sold 3 million bikes in the year 2005-2006. Recently it has also entered in scooter manufacturing, with its model PLEASURE mainly aimed at girls. The Hero Group has done business differently right from the start and that is what has helped them to achieve break-through in the competitive two-wheeler market. The Groups low key, but focused, style of management has earned the company plaudits amidst investors, employees, vendors and dealers, as also worldwide recognition. The growth of the Group through the years has been influenced by a number of factors: Just-in-Time The Hero Group through the Hero Cycles Division was the first to introduce the concept of just-in-time inventory. The Group boasts of superb operational efficiencies. Every assembly line worker operates two machines simultaneously to save time and improve productivity. The fact that most of the machines are either developed or fabricated in-house, has resulted in low inventory levels. In Hero Cycles Limited, the just-in-time inventory principle has been working since the beginning of production in the unit and is functional even till date.. This is the Japanese style of production and in India; Hero is probably the only company to have mastered the art of the just-in-time inventory principle. Ancillarisation An integral part of the Group strategy of doing business differently was providing support to ancillary units. There are over 300 ancillary units today, whose production is dedicated to Heros requirements and also a large number of other vendors, which include some of the better known companies in the automotive segment. Employee Policy: Another Striking feature within the Hero Group is the commitment and dedication of its workers. There is no organized labor union and family members of employees find ready employment within Hero. The philosophy with regard to labor management is Hero is growing, grow with Hero. When it comes to workers benefits, the Hero Group is known for providing facilities, further ahead of the industry norms. Long before other companies did so, Hero was giving its employees a uniform allowance, as well as House Rent Allowance (HRA) and Leave Travel Allowance (LTA). Extra benefits took the form of medical check-ups, not just for workers, but also for the immediate family members. Dealer Network The relationship of Hero Group with their dealers is unique in its closeness. The dealers are considered a part of the Hero family. A nation-wide dealer network comprising of over 5,000 outlets, and have a formidable distribution system in place. Sales agents from Hero travels to all the corners of the country, visiting dealers and send back daily postcards with information on the stock position that day, turnover, fresh purchases, anticipated demand and also competitor action in the region. The manufacturing units have a separate department to handle dealer complaints and problems and the first response is always given in 24 hours. Financial Planning The Hero Group benefits from the Group Chairmans financial acumen and his grasp on technology, manufacturing and marketing. Group Company, Hero Cycles Limited has one of the highest labor productivity rates in the world. In Hero Honda Motors Limited, the focus is on financial and raw material management and a low employee turnover. Quality Quality at Hero is attained not just by modern plants and equipment and through latest technology, but by enforcing a strict discipline. At the Group factories, attaining quality standards is an everyday practice a strictly pursued discipline. It comes from an amalgamation of the latest technology with deep-rooted experience derived from nearly four decades of hard labor. It is an attitude that masters the challenge of growth and change change in consumers perceptions about products and new aspirations arising from a new generation of buyers. Constant technology up gradation ensures that the Group stays in the global mainstream and maintains its competitive edge. With each of its foreign collaborations, the Group goes onto strengthen its quality measures as per the book. The Group also employs the services of independent experts from around the world to assist in new design and production processes. Diversification Throughout the years of enormous growth, the Group Chairman, Mr. Lall has actively looked at diversification. A considerable level of backward integration in its manufacturing activities has been ample in the Groups growth and led to the establishment of the Hero Cycles Cold Rolling Division, Munjal and Sunbeam Castings, Munjal Auto Components and Munjal Showa Limited amongst other component-manufacturing units. Then there were the expansion into the automotive segment with the setting up of Majestic Auto Limited, where the first indigenously designed moped, Hero Majestic, went into commercial production in 1978. Then came Hero Motors which introduced Hero Puch, in collaboration with global technology leader Steyr Daimler Puch of Austria. Hero Honda Motors was established in 1984 to manufacture 100 cc motorcycles. The Hero Group also took a venture into other segments like exports, financial services, information technology, which includes customer response services and software development. Further expansion is expected in the areas of Insurance and Telecommunication. The Hero Groups phenomenal growth is the result of constant innovations, a close watch on costs and the dynamic leadership of the Group Chairman, characterized by a culture of entrepreneurship, of right attitudes and building stronger relationships with investors, partners, vendors and dealers and customers TVS MOTOR COMPANY The TVS group was established in 1911 by Shri. T. V. Sundaram Iyengar. As one of India’s largest industrial entities it epitomizes Trust, Value and Service. It all began way back in 1984 when Sundaram Clayton Limited (A TVS Group company) introduced its 50 CC mopeds in the arena of road racing, notching up unbelievable speeds of 105 kmph. Since then, there has been no looking back for TVS Motor Company. TVS Racing was established in 1987 with the objective of improving the performance of its bikes. Over the years it has provided valuable data, design inputs, development of reliable motorcycle models, excellent vehicle dynamics handling etc. The true evidence of it is seen in todays TVS Victor and TVS Fiero. Today, there are over thirty companies in the TVS Group, employing more than 40,000 people worldwide and with a turnover in excess of USD 2. 2 billion. With steady growth, expansion and diversification, TVS commands a strong presence in manufacturing of two-wheelers, auto components and computer peripherals. We also have vibrant businesses in the distribution of heavy commercial vehicles passenger cars, finance and insurance. TVS Motor Company Limited, the flagship company of the USD 2. billion TVS Group, is the third largest two-wheeler manufacturer in India and among the top ten in the world, with an annual turnover of over USD 650 million. The year 1980 is one to be remembered for the Indian two-wheeler industry, with the roll out of TVS 50, Indias first two-seater moped that ushered in an era of affordable personal transportation. For the Indian Automobile sector, it was a breakthrough to be etched in history. TV S Motor Company is the first two-wheeler manufacturer in the world to be honoured with the hallmark of Japanese Quality – The Deming Prize for Total Quality Management. OBJECTIVES OF THE RESEARCH 1. To analyze the customer satisfaction. 2. To analyze the customer preference. 3. To know which manufacturer is providing better services. 4. To analyze after sales services of bikes. 5. To study the behavioral factors of consumers in motor bikes. 6. To suggest various factors to improve sales. RESEARCH METHODOLOGY It is well known fact that the most important step in marketing research process is to define the problem. Choose for investigation because a problem well defined is half solved. That was the reason that at most care was taken while defining various parameters of the problem. After giving through brain storming session, objectives were selected and the set on the base of these objectives. A questionnaire was designed major emphasis of which was gathering new ideas or insight so as to determine and bind out solution to the problems. DATA SOURCE Research included gathering both Primary and Secondary data. Primary data is the first hand data, which are selected a fresh and thus happen to be original in character. Primary Data was crucial to know various customers and past consumer views about bikes and to calculate the market share of this brand in regards to other brands. Secondary data are those which has been collected by some one else and which already have been passed through statistical process. Secondary data has been taken from internet, newspaper, magazines and companies web sites. RESEARCH APPROACH The research approach was used survey method which is a widely used method for data collection and best suited for descriptive type of research survey includes research instrument like questionnaire which can be structured and unstructured. Target population is well identified and various methods like personal interviews and telephone interviews are employed. SAMPLING UNIT It gives the target population that will be sampled. This research was carried in Indore (Distt. Indore). These were 90 respondents. DATA COMPLETION AND ANALYSIS After the data has been collected, it was tabulated and findings of the project were presented followed by analysis and interpretation to reach certain conclusions. SCOPE My project was based on the A COMPARATIVE STUDY OF PROFESSIONAL AND TRADITIONAL COLLEGE STUDENTS PERCEPTION TOWARDS TWO WHEELER BRANDS and data was taken in the City Indore only. LIMITATION 1. Research work was carried out in one Distt of U. P. (INDORE) only the finding may not be applicable to the other parts of the country because of social and cultural differences. 2. The sample was collected using connivance-sampling techniques. As such result may not give an exact representation of the population. 3. Shortage of time is also reason for incomprehensiveness. 4. The views of the people are biased therefore it doesn’t reflect true picture. Q1) Which bike do you have? Hero Honda |30 | | | | |Bajaj |30 | | | | |Any other |30 | | | | INTERPRETATION: Out of the sample size of 90 customers, 30 customers are of Hero Honda, 30 are of Bajaj and 30 customers of TVS bikes are taken into consideration. |Q2) Which Model do you Have? | | | | | | | | | | |Hero Honda | |Bajaj | |TVS | | | | | | | | | |Splender |13 |CT 100 |5 |Flame |4 | | | | | | | | |Passion |5 |Discover |11 |Star City |9 | | | | | | | | |Karizma |2 |Pulsar |10 |Apache |7 | | | | | | | | |Any othe r |10 |Any other |4 |Any other |10 | | | | | | | | HERO HONDA INTERPRETATION: In Hero Honda mostly the customers are having splendor while the ratio of the customers using Passion, Karizma and other bikes are comparatively low. BAJAJ INTERPRETATION: In Bajaj the customers are giving more preference to Discover and Pulsar models. TVS INTERPRETATION:- In TVS Bikes the customers are givig more preference to the other models rather than Flame,Starcityand Apache. |Q3) In which family Income level do you Fall? | | | |100000-200000 |22 | | | | |200000-300000 |45 | | | | |300000-400000 |23 | | | | |above 400000 |10 | | | | INTERPRETATION: The maximum numbers of customers that are using these bikes fall in the income group of 200000-300000. While this ratio is minimum in case of customers whose income level fall between 300000-400000. |Q4) For how long do you own a bike? | | | | | |0-1 year |34 | | | | | |1-2 year | |29 | | | | | |2-3 year | |26 | | | | | |above 3 year | |11 | | | | | INTERPRETATION: It is observed that mostly the customers are having new bikes. | |Q5) For what purpose do you use your Motor Bike? | | | | | | | | | | | | |Hero Honda | |Bajaj |TVS | | | | | | | | | | |Office Purpose |13 | |42 |38 | | | | | | | | | | | |Personal purpose |17 | |15 |27 | | | | | | | | | | | |Joy Purpose |10 | |18 |10 | | | | | | | | | | | |Other |40 | |15 |15 | | | | | | | | | | | | | | | | | | INTERPRETATION:- The customers are using their bikes mostly for official and personal purpose. | |Q6) How do you come to know about this Motor Bike? | | | | | | | | | | | |Hero Honda |Bajaj |TVS | | | | | | | | | | |Newspaper |28 |33 |22 | | | | | | | | | | |Television |22 |28 |18 | | | | | | | | | | |Magazine |8 |16 |28 | | | | | | | | | | |Friends Relative |37 |13 |22 | | | | | | | | | | | | | | | | INTERPRETATION: It is observed that the awareness of Hero Honda bikes mostly comes from friends while of Bajaj and TVS the awareness comes from newspapers and televisions. Q7) Does Advertisement Influence your decision in choosing a Motor Bike? Yes |65 | | | | |No |15 | | | | |Can’t say |10 | | | | INTERPRETATION: Out of the sample size of 90 customers, 65 customers agrees with the fact that advertisements play a very significant role in influencing their behavior to choose the bike. On the other hand 15 customers do not agree to this fact. While remaining 10 customers are not sure about it. Q8 Are you satisfied with the performance of the bike that you are currently havin? Yes |55 | | | | |No |28 | | | | |Can’t say |7 | | | | INTERPRETATION:- Out of the sample size of 90 customers, 55 customers says that they are satisfied with the performance of their bikes. On the other hand 28 customers are not satisfied with the performance of the bikes that they are having. While the remaining 10 customers are unable to say anything. |Q9) Do you have full knowledge about Bikes before buying? | | | | | | | |Hero Honda |Bajaj |TVS | | | | | | |Yes | 42 |34 |37 | | | | | | |No |37 |27 |22 | | | | | | |Can’t Say |11 |29 |31 | | | | | | INTERPRETATION:- It is observed that most of the customers are having full knowledge of the bike before purchasing. |Q10) Which Factor below Influence your decision? | | | | | | | | |Hero Honda | |Bajaj |TVS | | | | | | | |Price |17 | |22 |28 | | | | | | | |Mileage |28 | |15 |15 | | | | | | |Quality |11 | |20 |16 | | | | | | | |Resale Value |12 | |14 |17 | | | | | | | |Status symbol |32 | |19 |14 | | | | | | | HERO HONDA INTERPRETATION:- In Hero Honda bikes the mileage of the bike and the value that it adds to the status symbol of the customers influences the decision criteria of most of the customers. BAJAJ INTERPRETATION:- In Bajaj bikes customers gets more influenced by the price and quality of the bike and also they think that it adds value to their prestige. TVS INTERPRETATION: In TVS bike the economic price of the bikes influences the buying behavior of the customers. |Q11) How would you rate the following factors of Bikes with respect to different | |company? | | | | | | | | | | |Hero Honda |Bajaj TVS | | | | | | |Mileage |74% |72% |68% | | | | | | |Price |68% |65% |47% | | | | | | |Pick up |70% |80% |62% | | | | | | |Maintenance |58% |62% |74% | | | | | | |Look Shape |85% |80% |72% | | | | | | |Brand Image |53% |55% |69% | | | | | | INTERPRETATION: It is observed that in rating of different features of different bikes people give maximum rating to the look and shape of the bike. At the second level they give their rating to the pick up. At the third level they rate mileage. And at the fourth level they give points to maintenance. At last they rate price and brand image. |Q12) If new Bike with good features comes in, then would you like to change your bike? | | | | | | | |Hero Honda |Bajaj |TVS | | | | | | | |Yes |10 |16 |14 | | | | | | | | |No |16 |11 |11 | | | | | | | | |Can’t say |4 |3 |5 | | | | | | | | | | | | | | INTERPRETATION:- It is observed that the customers of Hero Honda bikes are not ready to change their bikes even if a new bike comes in with good features. While majority of the customers of Bajaj and TVS are ready to change their bikes if new bike provides some good features to them. FINDINGS During this research project I came in to contact with many customers who are having bikes. It has been found that in Hero Honda mostly the customers are having splendor while the ratio of the customers using Passion, Karizma and other bikes are comparatively low. In Bajaj the customers are giving more preference to Discover and Pulsar models and in case of TVS Bikes the customers are givig more preference to the other models rather than Flame,Starcityand Apache. The maximum numbers of customers that are using these bikes fall in the income group of 200000-300000. It has been observed that the customers are using their bikes mostly for official and personal purpose. It is observed that the awareness of Hero Honda bikes mostly comes from friends while of Bajaj and TVS the awareness comes from newspapers and televisions. Out of the sample size of 90 customers, 65 customers agree with the fact that advertisements play a very significant role in influencing their behavior to choose the bike. On the other hand 15 customers do not agree to this fact. While remaining 10 customers are not sure about it. When the customers are asked that are they satisfied with the performance of their bikes then most of them agrees to the fact. Out of the sample size of 90 customers, 55 customers says that they are satisfied with the performance of their bikes. On the other hand 28 customers are not satisfied with the performance of the bikes that they are having. While the remaining 10 customers are unable to say anything. It is observed that most of the customers are having full knowledge of the bike before purchasing. It has been seen that In Hero Honda bikes the mileage of the bike and the value that it adds to the status symbol of the customers influences the decision criteria of most of the customers. In Bajaj bikes customers gets more influenced by the price and quality of the bike and also they think that it adds value to their prestige. While in case of TVS bike the economic price of the bikes influences the buying behavior of the customers. It is observed that in rating of different features of different bikes people give maximum rating to the look and shape of the bike. At the second level they give their rating to the pick up. At the third level they rate mileage. And at the fourth level they give points to maintenance. At last they rate price and brand image. It is observed that the customers of Hero Honda bikes are not ready to change their bikes even if a new bike comes in with good features. While majority of the customers of Bajaj and TVS are ready to change their bikes if new bike provides some good features to them. Conclusion 1. Most of the Flame, Apache, Pulsar, CBZ Karizma are purchased by young generation 18 to 30 years because they prefer stylish looks and rest of the models of Hero Honda, TVS and Bajaj are purchased more by daily users who needs more average of bikes than looks. 2. Hero Honda is considered to be most fuel-efficient bike on Indian roads. 3. Service Spare parts are available throughout India in local markets also. 4. While buying a motorcycle, economy is the main consideration in form of maintenance cost, fuel efficiency. 5. Majority of the respondent had bought their motorcycle more than 3 years. RECOMONDATION 1. Bajaj should introduce some more models having more engine power. 2. Hero Honda should think about fuel efficiency in case of upper segment bikes. 3. More service centers should be opened. 4. Maintenance cost and the availability of the spare parts should also be given due importance. 5. They also introduce some good finance/discount schemes for students. 6. The price should be economic. BIBLIOGRAPHY 1. www. herohonda. com 2. www. google. com 3. www. bajaj. com 4. www. twowheeler. com 5. www. extrememachines. com QUESTIONNAIRE |NAME: †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | | | |CONTACT No. .†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. | | | | | | | |20-25 | | |AGE:- | | |15-20 | | | | | | | | | | |Above 30 | | | | | | |25-30 | | | | | | | | |Employee | | |OCCUPATION:- | | | |Businessman | | | | | | | | | | |Other | | | | | | | | | | | | | | | | | | | |Student | | | | | | | | | | | | | |Q1) |Which Bike do you have? | | | | | | | | | | | | | |TVS | | | | | | | | | | | | | | | | | | | | | | | |Q2) |Which Model do you have? | | | | | | | | | |Passion | | |Hero Honda: | | |Splendor | | | | | | | | | | |Other | | | | | | | | | | |Bajaj: | | |CT 100 | | | | | | | | | | | | |TVS:- | | |Flame | | | | | | | | | | | | | | | |200000-300000 | | | | | | | | | | |1-2 year | | | | | | | | | | | |Personal Purpose | | | | | | | | | | | |Television | | | | | | | | | | | | | | | | | | | | | | | | | | | |Q7) |Are you satisfied with the performance of the bike that you are currently having? | | | | | | | | | |Can’t say | | | | | | | | | | | | | | |Can’t say | | | | | |Yes | |No | | | | | |Q9) |Do you have full knowledge about Bikes before buying? | | | | | | | | | |Can’t say | | | | | |Yes | | |No | | | | | | | | | | | | | | | |Q10). Which factor below influence your decision? | | | | | | | | |Quality | | | | | | | | | |Price | | | | | |Resale Value | | | | | | Q11) How would you rate the following factors of bikes with respect to different companies? Hero Honda |Bajaj | | |Mileage | | | | | | | | | | | | | | | | | | | | | | | | | | | |Price | | | | | | | | | | | |Pick up | | | | | | | | | | | |Maintenance | | | | | | | | | | | |Look/Shape | | | | | | | | | | | |Brand Image | | | | | Q12) If new bike with good feature comes in, then would you like to change your bikes? |Yes | | | |Can’t say | | | | |No | | | | | | | | | | Q13) Any Suggestions for Company †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦

Architecture and Environment Assignment Example | Topics and Well Written Essays - 1000 words

Architecture and Environment - Assignment Example The relationship between the ecology and architectural development has always been a very tangible one. Since the start of urbanization the ecologists and naturalists have been raving about the cutting of trees to build cities and its harmful effect on the ecology. But the fact is we cannot stop the architectural development and modernization because of the requirements of the increasing human population. We have to develop plans so that the ecology can be preserved and the urbanization can also take place. Trees are a fundamental part of our environment and it is a fact that we cannot survive without trees because firstly they are responsible for processing excess carbon di oxide from our environment, secondly we are dependent on the plants for our food directly though fruits and vegetables and indirectly through animals whose meat we consume. The second most important effect that urbanization has created on our ecology is the rupture in ozone layer due to the greenhouse effect. Thi s major issue had rattled the scientists to a measure that they are starting to think about developing the cities in such a way that the sustainability remains intact. Researchers have come up with a new ideal known as Green Plot Index; it is based on a parameter known as Leaf Area Index (LAI), which is the single side leaf area per unit ground area. It means that on every unit of ground area there should be a single side of leaf to maintain the proper ecology and environment of that unit area. Green plot Index is the average of LAI of the vegetation on the building site. It is similar to the Building Plot ratio which is used to measure the maximum flooring that can be done on a building site. (Ong et al 2003) With the urbanization of an area the boundaries between the natural habitat and the urban area become convoluted, and because of this convolution there are shifts in the microclimatic

To what extent do computational models support constructivist theories Essay

To what extent do computational models support constructivist theories of development - Essay Example On the other hand, few theorists declare it the outcome of child’s interaction with his environment, from where he learns how to act, react and behave at some specific situation. Several theories have been articulated on cognitive development, and researches have been made on different aspects of development in children; four of which have most significant influence on the language skill as well as kindergarten learning process during the initial years of children. These theories include Nativist, Maturationist, Environmentalist and Constructivists ones. Since the study of personality development is an exceedingly complex phenomenon, several theories have been articulated on the question of how a personality passes through different phases of growth from childhood to adolescence, and what are the components which determine transformations in a child from premature years to maturity. In addition, theorists analyse whether the behaviour in people is a learned one or man’s behaviours are due to uncontrollable genetic impulses. Also, variation in intensity of aggression and violence among people is due to difference in their hormones. â€Å"The only influence†, Cervone views, â€Å"which parents would have on their children’s personality is a biological one. They pass their genes on to their children. According to the trait theories, parents’ interpersonal interactions with their children would exert little effect on the child’s personality development.†(2001) Various cognitive theories have bee n articulated in order to examine the role of nature vs. nurture in the development of a personality. All the cognitive schools of thoughts have different views and ideas on child development process, though constructivist theory won imperative popularity and wonderful applause more than the comparatives theories. Piaget and Vygotsky are the pioneers

Sat Collegeboard Essay on Bullying Essay Example for Free

Sat Collegeboard Essay on Bullying Essay In our daily world today, people tend to be more open and let themselves become known perhaps, a little too much and too frequently. People should begin to keep things private as if they reveal too much about themselves they leave themselves wide open bullying and gossip; their strengths and weaknesses become known to their friends, family or even strangers in their society or even the world. Bullying is a common form of exploiting a weakness that you feel a need to respond to in a generally aggressive manner by taunting, hitting or embarrassing them, gossiping is another form where you spread rumors and secrets that youve heard about and again, often exploits weaknesses in people; as if you gossiped to make fun of someone or put them down. The reason why these weaknesses appear is because people today, feel the need to be open, they are pressured to be social and with that comes a lot of talk about each other. Perhaps another reason is that teenagers today dont hang out, as much as previous generations did, but instead use instant messaging and text messages more, and frequently they convey what the other persons feelings are through their words and comments. Being behind a screen takes away insecurities and allows people to feel that they are safe and sound, except when you gossip or tell a secret of yours. As the gossiping trend continues, we see that the secrets could spill out and backfire. An example of bullying or gossiping could be a regular girl who talks about her experience with someone like her boyfriend or friend, feeling safe she texts her friend who, by nature, gossips and tells a more popular girl who feels that the person who sent the original text is weak or meek even. She gossips and suddenly the school is laughing at her about her boyfriend, girls feel pity and bully her by beating her up or dumping food on her. An example like this is a classic scenario of a girl who felt safe and decided to be open instead of keeping her secrets a secret. This is why people in general should be more cautious and aware that some secrets are meant to be kept in private and not in the open where he/she could be susceptible to gossip, bullying or other mixed feelings. As people feel more and more safe behind screens by means of the internet or phone, it could become very dangerous for people who are very open. To prevent this, people must be more self-conscience of what they are saying or telling and the consequences by doing so. Therefore people really should make more of an effort to keep things private.

Sorcery In Morocco :: miscellaneous

Sorcery In Morocco According to Merriam- webster’s Collegiate dictionary, sorcery is defined as the use of power gained from the assistance or control of evil especially for divining. Sorcery is a phenomenon that has spread all over the world. It mainly consists of direction of the world into a spiritual power which is mysterious and unexplainable. In Morocco, sorcery is a very popular practice. It is practiced especially in the south of the country where people have strong beliefs in superstition. Believers in sorcery pretend that it has a great impact on the course of their lives. However, sorcery is a dangerous practice that affects the mind and the health of its users, in addition to the reputation of the country. At first glance, it seems to me that the most perilous impact of sorcery is its effect on the mind of those who practice it. Some believers might argue that these practices build self confidence. For instance, when a sorcerer assigns to them to do some rituals in order to make an operation successful, they face without fear. I totally disagree with them because as proved in many researches, those states of mind are only psychological and create a lot of mental troubles and instabilities. In Morocco, there is a huge population that completely believes in those practices. Therefore, the witches take profit from the ignorance of those people to start communicating some dumb information. In general, the information given by those sorcerers are common and related to the problem and the personality of the individual. Sorcerers are usually very intelligent and know exactly what the patient wants to hear. As a consequence, people become addicted to these kinds of practices and prefer it to c onsulting psychologists who can provide them with more accurate solutions. As a result, people become easily influenced, which by the way affects their personalities. The practice of sorcery in Morocco threatens the health of its users. Some sorcerers believe that their remedies are made from natural plants and do not menace the health of their patients. However, what is strange is that they always refuse to take their products to medical centers so that they can be Furthermore, people who have allergies can also suffer from dangerous diseases due to the fact that they take what their sorcerers give without the prescription of their doctors. Another important area that is suffering from this practice is the reputation and the culture of the country. Sorcery In Morocco :: miscellaneous Sorcery In Morocco According to Merriam- webster’s Collegiate dictionary, sorcery is defined as the use of power gained from the assistance or control of evil especially for divining. Sorcery is a phenomenon that has spread all over the world. It mainly consists of direction of the world into a spiritual power which is mysterious and unexplainable. In Morocco, sorcery is a very popular practice. It is practiced especially in the south of the country where people have strong beliefs in superstition. Believers in sorcery pretend that it has a great impact on the course of their lives. However, sorcery is a dangerous practice that affects the mind and the health of its users, in addition to the reputation of the country. At first glance, it seems to me that the most perilous impact of sorcery is its effect on the mind of those who practice it. Some believers might argue that these practices build self confidence. For instance, when a sorcerer assigns to them to do some rituals in order to make an operation successful, they face without fear. I totally disagree with them because as proved in many researches, those states of mind are only psychological and create a lot of mental troubles and instabilities. In Morocco, there is a huge population that completely believes in those practices. Therefore, the witches take profit from the ignorance of those people to start communicating some dumb information. In general, the information given by those sorcerers are common and related to the problem and the personality of the individual. Sorcerers are usually very intelligent and know exactly what the patient wants to hear. As a consequence, people become addicted to these kinds of practices and prefer it to c onsulting psychologists who can provide them with more accurate solutions. As a result, people become easily influenced, which by the way affects their personalities. The practice of sorcery in Morocco threatens the health of its users. Some sorcerers believe that their remedies are made from natural plants and do not menace the health of their patients. However, what is strange is that they always refuse to take their products to medical centers so that they can be Furthermore, people who have allergies can also suffer from dangerous diseases due to the fact that they take what their sorcerers give without the prescription of their doctors. Another important area that is suffering from this practice is the reputation and the culture of the country.

Light and water Essay

When light and water are absorbed by the plant, four light photons are assigned to Photosystem II while the energy is channeled to P680. This energy triggers the P680 molecule to release four electrons toward an electron acceptor in the thylakoid membrane. To fill up the â€Å"hole† in the P680 molecule, it will strongly attract two water molecules and break it up. Two atoms of Oxygen are released and form the gas that humans need while 4 atoms of hydrogen are taken for photosynthesis. The four hydrogen atoms become energized and are passed on to the next P680. This process will then continue to happen to a series of other protein carriers creating what is called an electron transport chain. This transferring of electrons makes the energy of these electrons fall to a lower level resulting to the release of energy. The energy can be classified as metabolic (ATP) or reducing (NADPH). These and carbon dioxide are used in the carbon fixation process or â€Å"Calvin Cycle. † Because the next steps do not need light, it is called the light-independent reactions. The Calvin Cycle is called such because its end-products (molecules of RuBP) are needed to keep the process going. Firstly, carbon dioxide and five carbon molecules called ribulose 1. 5 biphosphate (RuBP) join together so that the organism can use CO2 to synthesize glucose and other complex carbohydrates. This is carbon fixation and it cycles three times to form six three-carbon molecules (3PG) which are chemically restructured to become glyceraldehyde 3-phosphate(G3P) molecules. One of these G3P is needed to make carbohydrates while the rest are used to resynthesize three molecules of RuBP in the next cycle.

What does a firm’s overall cost of capital mean?

Cost of capital is the return necessary to make a capital budgeting process worthwhile. Further, it is the returns that a company gets after an investment. This is the money that evaluates any new project of a company for it determines the minimum profit expected by investors in the business. To satisfy investors, the return on capital employed must be above the company’s average debts, thus making investments worthwhile. That is, the expected output must be more than the invested capital; the returns are more than the capital (Armitage, 2005).Moreover, if a project costs the same as the company’s average business activities, then it is wise to use the average cost of capital of the company as the base. This ensures that the company’s security on the cost of capital is calculated. It is done by first calculating the cost of debt and equity. Afterwards, calculate the expected returns after doing business. This is done by dividing the dividend payment per share wit h the market price then adding the growth rate. One can thus issue dividends to investors.From a financial manager's perspective, discuss the capital budgeting process used to identify projects that add to the firm's value? How do capital budgeting decisions help to define a firm's strategic direction? The capital budgeting process is used to identify projects that add value to a firm. Afterwards, the managers have to calculate the cash required acquiring a new building or equipment without deriving any cash benefits from the disposal of the replaced commodity.Any additional working capital in relation to the new equipment is initially outlaid and the initial investment is included as a part only if changes occur at the beginning of the project. After this, the managers calculate the terminal cash flow after the sale of the assets, savings after the operations, as well as the net present value of the assets. This procedure helps them to calculate the feasibility of purchasing an equ ipment or building. Capital budgeting decisions help to define a firm’s strategic direction by deciding whether to invest in a specific asset or project.This process helps to determine whether to engage the firm in acquiring certain assets which were not formerly used by the firm. In addition, this undertaking can help to replace any outdated assets, thus maintaining their efficiency. How does a firm’s capital structure relate to your personal capital structure? In what ways are they similar? Provide examples of how you use debt and equity in your personal financial life that parallels the basic capital structure decisions made by a firm.Capital structure is the combination of equity, debt, and other finance sources used to fund other long-term finances. It is therefore related to personal capital structure since the 2 represent the money working in the business, thus showing money flow in the business. Both are similar for they are the working capital of a business. T hey indicate the amount of money invested in the business as well as the profit gained. They both indicate the amount of borrowed capital flowing in the business.Further, they indicate any other form of capital that are used to run a personal business, such as, a dealer servicing one’s business with goods then settling the dues later. Debt and equity in personal financial life parallels the basic capital structure decisions made by a firm since the amount of money invested at the launch of the business, together with the sum total of goods provided by a dealer to be paid later in form of equity, is indicated.The amount of money borrowed by an individual to help strengthen their capital is indicated as equity for it represents the total amount borrowed to run the business. Modigliani and Miller [MM] employed the concept of arbitrage to develop their theory. Explain the concept of arbitrage and the role of arbitrage in the MM model. Discuss the assumptions and the issues underl ying the MM model. http://www. rdboehme. com/MBA_CF/Chap_15. pdf The concept of arbitrage can be explained using the analogy two different markets with one selling at a lower price.Sellers will buy from the low-price market and sell in the market with high prices. The prices thus tend to rise in the low-priced market until the difference is bridged. The role of the MM model is to indicate the safety of investments, that is, if a firm runs two companies, then one might have high market value per share but be very risky regarding market price per share. Conversely, the other may be low market price. Investors will then sell the shares of the risky firms and purchase the other’s, thus standardizing the average cost of capital of the group.The assumptions of the MM model are that the capital market is perfect if only the investors know the market forces. Further, the model classifies firms in groups according to business risks. Investors are assumed to use the operating income to determine the market price. It is also assumed that there are no corporate income taxes. The issues underlying the MM model are that it is very hard to run a business without paying of taxes. Further, the market prices fluctuate, thus the knowledge about market prices is not conclusive. It is thus hard to gauge the market price. What does a firm’s overall cost of capital mean? Cost of capital is the return necessary to make a capital budgeting process worthwhile. Further, it is the returns that a company gets after an investment. This is the money that evaluates any new project of a company for it determines the minimum profit expected by investors in the business. To satisfy investors, the return on capital employed must be above the company’s average debts, thus making investments worthwhile. That is, the expected output must be more than the invested capital; the returns are more than the capital (Armitage, 2005).Moreover, if a project costs the same as the company’s average business activities, then it is wise to use the average cost of capital of the company as the base. This ensures that the company’s security on the cost of capital is calculated. It is done by first calculating the cost of debt and equity. Afterwards, calculate the expected returns after doing business. This is done by dividing the dividend payment per share wit h the market price then adding the growth rate. One can thus issue dividends to investors.From a financial manager's perspective, discuss the capital budgeting process used to identify projects that add to the firm's value? How do capital budgeting decisions help to define a firm's strategic direction? The capital budgeting process is used to identify projects that add value to a firm. Afterwards, the managers have to calculate the cash required acquiring a new building or equipment without deriving any cash benefits from the disposal of the replaced commodity.Any additional working capital in relation to the new equipment is initially outlaid and the initial investment is included as a part only if changes occur at the beginning of the project. After this, the managers calculate the terminal cash flow after the sale of the assets, savings after the operations, as well as the net present value of the assets. This procedure helps them to calculate the feasibility of purchasing an equ ipment or building. Capital budgeting decisions help to define a firm’s strategic direction by deciding whether to invest in a specific asset or project.This process helps to determine whether to engage the firm in acquiring certain assets which were not formerly used by the firm. In addition, this undertaking can help to replace any outdated assets, thus maintaining their efficiency. How does a firm’s capital structure relate to your personal capital structure? In what ways are they similar? Provide examples of how you use debt and equity in your personal financial life that parallels the basic capital structure decisions made by a firm.Capital structure is the combination of equity, debt, and other finance sources used to fund other long-term finances. It is therefore related to personal capital structure since the 2 represent the money working in the business, thus showing money flow in the business. Both are similar for they are the working capital of a business. T hey indicate the amount of money invested in the business as well as the profit gained. They both indicate the amount of borrowed capital flowing in the business.Further, they indicate any other form of capital that are used to run a personal business, such as, a dealer servicing one’s business with goods then settling the dues later. Debt and equity in personal financial life parallels the basic capital structure decisions made by a firm since the amount of money invested at the launch of the business, together with the sum total of goods provided by a dealer to be paid later in form of equity, is indicated.The amount of money borrowed by an individual to help strengthen their capital is indicated as equity for it represents the total amount borrowed to run the business. Modigliani and Miller [MM] employed the concept of arbitrage to develop their theory. Explain the concept of arbitrage and the role of arbitrage in the MM model. Discuss the assumptions and the issues underl ying the MM model. http://www. rdboehme. com/MBA_CF/Chap_15. pdf The concept of arbitrage can be explained using the analogy two different markets with one selling at a lower price.Sellers will buy from the low-price market and sell in the market with high prices. The prices thus tend to rise in the low-priced market until the difference is bridged. The role of the MM model is to indicate the safety of investments, that is, if a firm runs two companies, then one might have high market value per share but be very risky regarding market price per share. Conversely, the other may be low market price. Investors will then sell the shares of the risky firms and purchase the other’s, thus standardizing the average cost of capital of the group.The assumptions of the MM model are that the capital market is perfect if only the investors know the market forces. Further, the model classifies firms in groups according to business risks. Investors are assumed to use the operating income to determine the market price. It is also assumed that there are no corporate income taxes. The issues underlying the MM model are that it is very hard to run a business without paying of taxes. Further, the market prices fluctuate, thus the knowledge about market prices is not conclusive. It is thus hard to gauge the market price.

Free Essays on Teen Stress

Teens and Stress: How do they Deal? Beth has had practice for a play four nights a week for the last month. She also has three projects due by Friday, including an English paper. Besides this, Beth has been fighting off a cold and has continued to work at her part time job of twenty hours a week. One night at home Beth’s mother asked her to do the dinner dishes, it was the last straw. â€Å"Why do I always have to do the dishes?† Beth shouts. â€Å"It’s not fair, I am tired of doing everything!† Before her mother can answer, Beth turns and stomps upstairs to her room. The mother just doesn’t understand why Beth could be so upset. Beth’s blowup is a reaction to stress. Many teenagers around the world know how Beth feels. Teenagers deal with stress everyday. Stress is the physical and mental pressure you feel from certain circumstances (Kowalski 2). Stress also affects your entire body. When there is a stressful event your body automatically causes the adrenal glands to release adrenaline. The brain of the body also signals the pituitary gland to release another hormone called ACTH (adrenocorticotropic hormone). With all the hormones releasing at once it causes the heart rate and blood pressure to rise in the body. Which causes the blood to move away from the digestive system toward the brain and muscles, and leaves the stomach feeling upset (Kowalski 7). One of the many steps in dealing with stress is to first identify the problem and the causes. Everyone experiences some stress but teenagers have the most (Johnson 14). According to Donald Freedheim from Case Western Reserve University, that the teenage years present challenges and that teens go through many biological changes (Kowalski 7). Many other causes of teenage stress comes from school work, grades, college, and jobs. Many teens are dealing with identity and independence problems at the same time. All of these experiences add up until finally the teen blows u... Free Essays on Teen Stress Free Essays on Teen Stress Teens and Stress: How do they Deal? Beth has had practice for a play four nights a week for the last month. She also has three projects due by Friday, including an English paper. Besides this, Beth has been fighting off a cold and has continued to work at her part time job of twenty hours a week. One night at home Beth’s mother asked her to do the dinner dishes, it was the last straw. â€Å"Why do I always have to do the dishes?† Beth shouts. â€Å"It’s not fair, I am tired of doing everything!† Before her mother can answer, Beth turns and stomps upstairs to her room. The mother just doesn’t understand why Beth could be so upset. Beth’s blowup is a reaction to stress. Many teenagers around the world know how Beth feels. Teenagers deal with stress everyday. Stress is the physical and mental pressure you feel from certain circumstances (Kowalski 2). Stress also affects your entire body. When there is a stressful event your body automatically causes the adrenal glands to release adrenaline. The brain of the body also signals the pituitary gland to release another hormone called ACTH (adrenocorticotropic hormone). With all the hormones releasing at once it causes the heart rate and blood pressure to rise in the body. Which causes the blood to move away from the digestive system toward the brain and muscles, and leaves the stomach feeling upset (Kowalski 7). One of the many steps in dealing with stress is to first identify the problem and the causes. Everyone experiences some stress but teenagers have the most (Johnson 14). According to Donald Freedheim from Case Western Reserve University, that the teenage years present challenges and that teens go through many biological changes (Kowalski 7). Many other causes of teenage stress comes from school work, grades, college, and jobs. Many teens are dealing with identity and independence problems at the same time. All of these experiences add up until finally the teen blows u...