Wednesday, August 26, 2020
The parody in Voltaire's Candide Annonymous The book The Scarlet Letter is about imagery. Individuals and objects are emblematic of occasions and musings. Over the span of the book, Nathaniel Hawthorne utilizes Hester, Pearl, and Arthur Dimmesdale to mean Puritanic and Romantic ways of thinking. Hester Prynne, through the eyes of the Puritans, is an extraordinary heathen; she has conflicted with the Puritan ways, submitting infidelity. For this permanently unforgiving sin, she should wear an image of disgrace for the rest of her life. Be that as it may, the Romantic ways of thinking of Hawthorne put down the Puritanic convictions. She is a lovely, young lady who has trespassed, however is pardoned. Hawthorne depicts Hester as perfect maternity and she can do no off-base. Hester, yet the physical red letter, a Puritanical indication of disownment, is appeared through the creator's tone and phrasing as a lovely, gold and brilliant piece. Pearl, Hester's kid, is depicted Puritanically, as an offspring of sin who ought to be treated all things considered, appalling, fiendish, and disgraced. The peruser all the more obviously sees that Hawthorne cautiously, and in some cases not inconspicuously by any stretch of the imagination, places Pearl over the rest. She wears bright garments, is very keen, beautiful, and pleasant. As a general rule, she shows her insight and free idea, a characteristic of the Romantics. One of Pearl's most loved exercises is playing with blossoms and trees. (The peruser will review that anything partnered with the woods was abhorrent to Puritans. To Hawthorne, be that as it may, the woods was excellent and regular.) And she was gentler here [the forest] than in the lush margined lanes of the settlement, or in her mom's cabin. The blossoms seemed to know it (194) Pearl fit in with normal things. Likewise, Pearl is consistently bubbly and upbeat, which is unquestionably a negative to the Puritans. Pearl is a virtual yelling match between the Puritanical perspectives and the Sentimental ways. To most, however particularly the Puritans, one of the most significant individuals from a network is the strict pioneer; Arthur Dimmesdale is no special case. He was held over the rest, and this is demonstrated in one of the first scenes of the book. As Hester is over the townspeople on a platform, Dimmesdale, Governor Wilson, and others are still over her. In any case, as the peruser before long finds, Arthur Dimmesdale is his own most exceedingly awful adversary. He abhors himself and should genuinely dispense torment upon himself. He in this way embodied the consistent contemplation wherewith he tormented, yet couldn't clean, himself to always remember what he has done (141). To Dimmesdale, unfortunately Hester is demonstrated freely as a miscreant, yet individuals overlook that. What is far more regrettable than open disgrace is Dimmesdale's own coldblooded inward disgrace. Realizing what just he and Hester know, the mystery destroys each fiber of Dimmesdale's being. As the Puritans hold up Dimmesdale, the Romantics level him as a human. The Scarlet Letter is a horde of symbolic hypotheses and ways of thinking. Running from Puritanic to Romantic, Nathaniel Hawthorne typifies his plans to pressure his Romantic methods of reasoning through Pearl, Hester, and Dimmesdale all through the entirety of this.
Saturday, August 22, 2020
My name is Hanan Hassan, and I was conceived in September 21, 1992 in Jeddah, Saudi Arabia. I am the oldest of nine kids that comprise of four young ladies including me and five young men. To the vast majority I am a customary twenty-one year old who works and goes to class, however what a great many people donÃ¢â¬â¢t know is that IÃ¢â¬â¢m fundamentally the second mother of my family unit. Despite the fact that my mom is perfectly healthy, I was instructed at a youthful age to assume liability and to be mindful like a grown-up. In addition to the fact that I take care of my kin, however I cook and clean and do everything my mom does, in light of the fact that I was raised to do those things effectively without whine. Any individual who isnÃ¢â¬â¢t part of my family/companions would take a gander at my life and think I have no opportunity. Be that as it may, the manner in which I was raised instructed me to be a grown-up, yet behave. At the point when I glance back at the previou s years, I was brought up in three distinct societies. My entire life comprises of being brought up in three unique societies, yet above all, the way of life I was naturally introduced to is the one that I relate to the most. I state that on the grounds that thatÃ¢â¬â¢s who I am, and I am a Somali local. Despite the fact that I have an alternate broadly, my ethnicity is the sort of person I am. For the most part, individuals these days can't separate between the two. My nationality is the place I was conceived in, and my ethnicity is the kind of person I am. As a kid I battled with both. I experienced childhood in a town brimming with Arabs, and the main Somalians I really cooperated with were my family. Regardless, on the off chance that you donÃ¢â¬â¢t think a lot about your personality, you go into this emergency mode. Until I came to America, all I knew was that I was a Muslim and Somalian. ThereÃ¢â¬â¢s this need to know what your identity is, and where you originate from, and consistently you discover some new information about your character. At the point when I came to America, there was a colossal culture stun. For example strictly, I experienced childhood in nations where there was a mosque in each couple of squares, and here the inverse were places of worship. Wherever I looked was a congregation. It was a finished diverse environment. In the Muslim nations, wh en it was the ideal opportunity for petition, you would have the option to hear the whole mosques without a moment's delay calling everybody to implore. Also, it was extremely bizarre not having the option to hear the call for supplication time. Yet, as month and years passed, IÃ¢â¬â¢ve become accustomed to not hearing that. Not exclusively was not hearing the call to petition extraordinary, however occasions didnÃ¢â¬â¢t have a similar impact as they used to. In the United States, when itÃ¢â¬â¢s turns winter, the celebrations of the special seasons start. I donÃ¢â¬â¢t evenÃ¢ celebrate Christmas, however when wherever you take a gander at is lit up for Christmas, you feel some portion of a network. Since everybody around you is commending every one of these occasions, you feel just as youÃ¢â¬â¢re part of it. At whatever point Eid comes around, it doesnÃ¢â¬â¢t feel a similar path as it did concerning when I was a kid. For example, when it was Ramadan time in Saudi Arabia, everybody used to get together to have huge dining experiences. Individuals would consistently keep awake until late and hang tight for the call of petiti on, with the goal that everybody can begin fasting once more. Additionally, shops would close early when the time had come to eat. Families and companions would praise the entire month together, and go to the mosque together. Not exclusively was everybody up, the entire city would be adorned and kids would get blessings and monies from the older folks, and it was only an excellent time to be a child. At the point when you analyze the American culture and the ones I experienced childhood in as a youngster, they are totally extraordinary. The manner in which we dress here, eat, family, religion, and everything else is extraordinary. For example, in Saudi Arabia, the way of life there is for ladies to conceal. Ladies are secured from head to toe. Greater part of it is on the grounds that the Saudi culture is affected by religion, while in America everything is by decision. Our ladies in America have the decision to cover or not, and in Saudi Arabia, if ladies are not secured, there are outcomes to pay. As youngster, I had the option to wear anything I desired, in light of the fact that I was not a lady yet. I recollect ladies not having the option to drive, only for the way that theyÃ¢â¬â¢re ladies. Men had the option to do anything they needed, while ladies for the most part remained at home. For the most part, ladies remained at home and dealt with the relatives. They did all th e cleaning and cooking, though the man went to work and did the entirety of the outside work. In addition to the fact that women stayed home, they were likewise not permitted to drive, which was a culture stun when I saw ladies driving in America and Egypt. I never truly comprehended with respect to why ladies couldnÃ¢â¬â¢t drive a vehicle, yet it was unlawful for them to do that. Ladies donÃ¢â¬â¢t have a lot of state there, in light of the fact that the Saudi government blames religion so as to limit the entirety of the rights ladies have. They state a lady shouldnÃ¢â¬â¢t drive, since her better half ought to have the option to take her to any place she satisfies, yet the truth is nobody is happy. Also the issue wasnÃ¢â¬â¢t simply the covering part; the issue was womenÃ¢â¬â¢s rights being persecuted. Furthermore, when youÃ¢â¬â¢ve lived in a domain like that itÃ¢â¬â¢s difficult to become accustomed to another culture that built up opportunity among each person. What's more, the way of life I was brought up in requiredÃ¢ me to conceal and to regard myself and the others around me. Both of my societies are two societies that intensely depend on religion. Here and there itÃ¢â¬â¢s difficult to isolate what the religion requi res and what your way of life requires. Albeit, presently some think both are one in the equivalent, yet individuals decipher every one in an unexpected way. As it were, individuals placed religion and culture in a similar class. For instance, my family is preservationist. Both of my folks originate from exacting families who pay attention to religion very. Thinking back to the 1980s and 1990s, religion was beginning to create in Somalia. At the point when my mom was thirteen years of age, individuals used to wear ragged materials that for all intents and purposes show cased their entire body. Also, my grandma used to have her hair out in an afro as wells as wearing jeans. Around then, individuals didnÃ¢â¬â¢t scrutinize ladies for spending time with their male companions. It was anything but a serious deal in the way of life. For this task I met my mom, who as I got more established, helped me get familiar with my way of life. At whatever point my mom would disclose to me accounts of her high schooler years, I would consistently gripe regarding why she was so critical of how I dressed. In the meeting, she disclosed to me that individuals didnÃ¢â¬â¢t think a lot about religion back when my grandma was youthful. So there werenÃ¢â¬â¢t that numerous principles to uphold upon them, not at all like us who are a lot of taught about religion. As my mom proceeded and spoke progressively about our way of life, I understood that my way of life is affected a great deal by religion, however that doesnÃ¢â¬â¢t fundamentally imply that each perspective about the way of life originates from religion. So also, the school I went to, my neighbors, and everything that encompassed me comprised of religion. For example, during the weekdays I went to class, and during the ends of the week I went to another school that was a strict report. Other than the American culture, what ties many individuals to their way of life is religion, in light of the fact that IÃ¢â¬â¢ve learned throughout the years that a ton of societies are severe in light of the fact that they combine their religion and culture; with the goal that it gets simpler for them to deal with. Most importantly, when I came to America, I immediately figured out how to move between the way of life I was brought up in and the way of life that encompassed me. IÃ¢â¬â¢ve figured out how to oversee between both, with the goal that I donÃ¢â¬â¢t overlook my foundations, yet still figure out how to remain in the one I came into. ItÃ¢â¬â¢s intense keeping up between both, in light of the fact that theyÃ¢â¬â¢re both so totally extraordinary. In the American culture, I figured out how to be autonomous and to voice my suppositions, with the goal that I can carry on with the existence I need. Interestingly, in my way of life, I wouldnÃ¢â¬â¢t have the option to voice out myÃ¢ opinion so effectively and straightforwardly. Fundamentally, thinking back in my life, I understood that the way of life I was brought up in have formed my life and made me the individual I am today. In spite of the fact that there are numerous things that I for one donÃ¢â¬â¢t concur with in each culture, toward the end there the explanation I have developed beyond all detectable inhibitions mined individual I am. Each culture has its positives and negatives. In the Saudi culture, I learned duty at a youthful age, however it was an exercise very much learned, in light of the fact that you donÃ¢â¬â¢t see a great deal of twenty-one ye ar olds who are so mindful of their life and the decisions they make. Also, I discovered that being multicultural shows you and offers you the chance to take a gander at life in an unexpected way. The vast majority experience childhood in one culture, and they just have the perspectives theyÃ¢â¬â¢re introduced to them. In any case, moving around, instructed me that there are different approaches to take a gander at this world. Each culture has a sentiment on how this world should work, and having the option to speak to hardly any societies offers me the chance to voice out a feeling that has some foundation roots to it. I not just speak to the way of life I was naturally introduced to, yet I speak to that ones I was raised into. IÃ¢â¬â¢m multicultural taught, however IÃ¢â¬â¢m additionally multilingual. Being raised and investigating different societies likewise allowed me to communicate in more than one language. Furthermore, I communicate in three dialects: Arabic, English, and Somali. Throughout the years, IÃ¢â¬â¢ve battled with making sense of who I am, on the grounds that not at all like every other person I didnÃ¢â¬â¢t experience childhood in one spot. That may appear to be a drawback, yet I picked up qualities and exercises that I can convey for an amazing duration. I increased social experience between the way of life, and I increased strict information, and finally I picked up how to speak with people outside my way of life. With the entirety of that, I picked up the information on knowing who I am, and where IÃ¢â¬â¢m from. We donÃ¢â¬â¢t realize how attached where are to our foundations and ethnicities until you figure out how to investigate different societies around you. There are individuals around us that are so close disapproved of the world, and what it offers
Friday, August 21, 2020
Yellow Ribbon Program Scholarship for Eligible U.S. Veterans COLUMBIA UNIVERSITY - SIPA Admissions Blog
Yellow Ribbon Program Scholarship for Eligible U.S. Veterans COLUMBIA UNIVERSITY - SIPA Admissions Blog SIPA is pleased to announce the availability of the Yellow Ribbon Program Scholarship for the 2018/19 academic year. The application will be available on the SIPA website on May 14th at 12:00pm EDT under âThe Yellow Ribbon Programâ heading. SIPA is committed to honoring those who have served our country by being one of seventeen schools at Columbia University participating in this program, which helps make education more accessible to eligible veterans. To be eligible for the Yellow Ribbon Program, you must be a U.S. veteran eligible for the maximum level (100%) of benefits under the Post-9/11 GI Bill according to your VA Certificate of Eligibility. You can read the full program information here. We encourage you to mark the date for the Yellow Ribbon Program Scholarship application as funding will be on a first come, first served basis. For more information, please email email@example.com. [Photo credit: Columbia Giving Day]
Sunday, May 24, 2020
Sample details Pages: 7 Words: 1985 Downloads: 5 Date added: 2017/09/21 Category Advertising Essay Type Argumentative essay Tags: Development Essay Manufacturing Essay Did you like this example? ABSTRACT SMEs form the backbone of the Indian manufacturing sector and have become engine of economic growth in India. It is estimated that SMEs account for almost 90% of industrial units in India and 40% of value addition in the manufacturing sector. This paper closely analyses the growth and development of the Indian mall scale sector from opening of the economy in 1991. Third part looks into the present scenario of SMEs and the problems they phases like lending, marketing, licensing issues in detail. The Micro, Small and Medium Enterprises Act, 2006 is intended to boost the sector. The provisions of the Act are examined closely. The final part provides some future policy framework for the sustainability of the sector. INTRODUCTION Worldwide, the micro small and medium enterprises (MSMEs) have been accepted as the engine of economic growth and for promoting equitable development. The major advantage of the sector is its employment potential at low capital cost. The labou r intensity of the MSME sector is much higher than that of the large enterprises. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, the MSMEs play a pivotal role in the overall industrial economy of the country. In recent years the MSME sector has consistently registered higher growth rate compared to the overall industrial sector. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession. As per available statistics (4th Census of MSME Sector), this sector employs an estimated 59. 7 million persons spread over 26. 1 million enterprises. It is estimated that in terms of value, MSME sector accounts for about 45% of the manufacturing output and around 40% of the total export of the country. The President under Not ification dated 9th May 2007 has amended the Government of India (Allocation of Business) Rules, 1961. Pursuant to this amendment, Ministry of Agro and Rural Industries (Krishi Evam Gramin Udyog Mantralaya) and Ministry of Small Scale Industries (Laghu Udyog Mantralaya) have been merged into a single Ministry, namely, Ã¢â¬Å"MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (SUKSHMA LAGHU AUR MADHYAM UDYAM MANTRALAYA)Ã¢â¬ SMEs IN INDIA With the advent of planned economy from 1951 and the subsequent industrial policy followed by Government of India, both planners and Government earmarked a special role for small-scale industries and medium scale industries in the Indian economy. Due protection was accorded to both sectors, and particularly for small- scale industries from 1951 to 1991, till the nation adopted a policy of liberalization and globalization. Certain products were reserved for small-scale units for a long time, though this list of products is decreasing due to change in industrial policies and climate. SMEs always represented the model of socio-economic policies of Government of India which emphasized judicious use of foreign exchange for import of capital goods and inputs; labour intensive mode of production; employment generation; non- concentration of diffusion of economic power in the hands of few (as in the case of big houses); discouraging monopolistic practices of production and marketing; and finally effective contribution to foreign exchange earning of the nation with low import-intensive operations. It was also coupled with the policy of de-concentration of industrial activities in few geographical centers. It can be observed that by and large, SMEs in India met the expectations of the Government in this respect. SMEs developed in a manner, which made it possible for them to achieve the following objectives: Ã¢â¬ ¢ High contribution to domestic production Ã¢â¬ ¢ Significant export earnings Ã¢â¬ ¢ Low investment requirements Ã¢ â¬ ¢ Operational flexibility Ã¢â¬ ¢ Location wise mobility Ã¢â¬ ¢ Low intensive imports Ã¢â¬ ¢ Capacities to develop appropriate indigenous technology Ã¢â¬ ¢ Import substitution Ã¢â¬ ¢ Contribution towards defense production Ã¢â¬ ¢ Technology Ã¢â¬â oriented industries Ã¢â¬ ¢ Competitiveness in domestic and export markets At the same time one has to understand the limitations of SMEs, which are: Ã¢â¬ ¢ Low Capital base Ã¢â¬ ¢ Concentration of functions in one / two persons Ã¢â¬ ¢ Inadequate exposure to international environment Ã¢â¬ ¢ Inability to face impact of WTO regime Ã¢â¬ ¢ Inadequate contribution towards R D Ã¢â¬ ¢ Lack of professionalism In spite of these limitations, the SMEs have made significant contribution towards technological development and exports. SMEs have been established in almost all-major sectors in the Indian industry such as: Ã¢â¬ ¢ Food Processing Ã¢â¬ ¢ Agricultural Inputs Ã¢â¬ ¢ Chemicals Pharmaceuticals Engineering; Electricals; E lectronics Ã¢â¬ ¢ Electro-medical equipment Ã¢â¬ ¢ Textiles and Garments Ã¢â¬ ¢ Leather and leather goods Ã¢â¬ ¢ Meat products Ã¢â¬ ¢ Bio-engineering Ã¢â¬ ¢ Sports goods Ã¢â¬ ¢ Plastics products Ã¢â¬ ¢ Computer Software, etc. As a result of globalization and liberalization, coupled with WTO regime, Indian SMEs have been passing through a transitional period. With slowing down of economy in India and abroad, particularly USA and European Union and enhanced competition from China and a few low cost centers of production from abroad many units have been facing a tough time. Those SMEs who have strong technological base, international business outlook, competitive spirit and willingness to restructure themselves shall withstand the present challenges and come out with shining colours to make their own contribution to the Indian economy. DEFINITION OF SMEs IN INDIA A well-debated issue, the definition of small and medium enterprises in India was very recently ratified. The Mic ro, Small and Medium Enterprises Bill, 2006, which is likely to take effect from October 2006, define the segment on the basis of investments in plant and machinery. Small enterprises are those with an investment of not more than Rs 50 million in plant and machinery, and medium enterprises with an investment of over Rs 50 million but less than Rs 100 million in plant and machinery. This definition has finally put the segment within a legal framework. SMEs will be as defined in RPCD Circular No. RPCD. PLFNS. BC. 31/ 06. 02. 31/ 2005-06 dated August 19, 2005, which is reproduced below: At present, a small scale industrial unit is an undertaking in which investment in plant and machinery, does not exceed Rs. crore, except in respect of certain specified items under hosiery, hand tools, drugs and pharmaceuticals, stationery items and sports goods, where this investment limit has been enhanced to Rs. 5 crore. A comprehensive legislation which would enable the paradigm shift from smal l scale industry to small and medium enterprises is under consideration of Parliament. Pending enactment of the above legislation, current SSI/ tiny industries definition may continue. Units with investment in plant and machinery in excess of SSI limit and up to Rs. 10 crore may be treated as Medium Enterprises (ME). MICRO, SMALL AND MEDIUM ENTERPRISES FINANCING IN INDIA The Census of Small Scale Industries found that only 14. 26% of the registered units availed bank finance, while only 3. 09% of the unregistered units had access to bank finance. This means that 97% of the smaller among the small enterprises were deprived of the institutional credit. In other words, most of tiny and micro enterprises use self finance or borrowed funds from friends, relatives and moneylenders. Moneylenders continue to play important role after self-finance. The recent All India Debt and Investment Survey has revealed that the share of moneylenders in total dues of rural households rose from 17. 5% in 1991 to 29. 6% in 2002. A recent World Bank survey (August 2006) on the status of flow of credit to SME sector has revealed that in the start-up phase, family constitutes an extremely important source of funds for overwhelming majority (over 85%) of the respondents and trade credit came next in importance, representing extremely important source of funds for 27% of the respondents. In comparison, bank loans from state-owned banks make up an extremely important source for 15% and very important source for about 17% of the firms surveyed 1. Institutional Credit Structure A multi-level institutional structure exists for financing of small enterprises and non-farm enterprises in India. This consists of commercial banks, cooperative banks, RRBs, State Financial Corporations. Credit to small enterprises comes under priority sector lending programme of banks. The Reserve Bank of India (RBI) constantly reviews the flow of credit to this sector. To improve the flow of credit, the R BI has constituted several committees and working groups since 1991. Notable among the committees are Nayak Committee, Kapur Committee and Ganguly Committee. Appropriate measures are taken by the RBI and Government from time to time based upon the decision of the Standing Committee on SSI set up at the RBI. An exclusive refinancing bank, called Small Industries Development Bank of India (SIDBI) was set up in 1990. The issue of providing micro credit to micro-enterprises through development of SHG-Banks Linkage rests mainly with National Bank for Agricultural and Rural Development (NABARD). However, major part of SHG-Bank Linkage credit is in the form of micro credit to meet production and consumption needs and not for micro enterprises CONTRIBUTION TO NATIONAL DEVELOPMENT 1. It is estimated that SMEs account for almost 90% of industrial units in India and 40% of value addition in the manufacturing sector 2. The major advantage of the sector is its employment potential at low capi tal cost; this sector employs an estimated 59. 7 million persons spread over 26. 1 million enterprises 3. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports, i. e. MSME sector accounts for about 45% of the manufacturing output and around 40% of the total export of the country The SMEs in India: Present Scenario In the recent past, small companies have performed better than their larger counterpart. Between 2001-06, net companies with net turnover of Rs. 1 crore Ã¢â¬â 50 crore had a higher growth rate of 701 per cent as compared to 169 per cent for large companies with turnover of over Rs. ,000 crore (Business World Jan. 2007). The total SSI production, which had reached the all time high of Rs. 1,89,200 crores in 1989-90 dropped dramatically in the next 10 years and only in 2001-02 the level of production was surpas sed. But after 2002, the production has risen at a aster rate. Since 2000, there is a continuous growth in number of units, production, employment and in exports. The average annual growth in the number of units was around 4. 1%. At the Note : Figures in parenthesis Indicate percentage growth over previous years Source: Development Commissioner (SSI) CONCLUSION Small industry in India has found itself in an intensely competitive environment since 1991, thanks to globalisation, domestic economic liberalisation and dilution of sector-specific protective measures. The international and national policy changes have thrown open new opportunities and markets for the Indian small industry. Concerted effort is needed from the government and small industry to imbibe technological dynamism. Technological upgradation and in-house technological innovations and promotion of inter-firm linkages need to be encouraged consciously and consistently. Financial infrastructure needs to be broadene d and adequate inflow of credit to the sector be ensured taking into consideration the growing investment demand, including the requirements of technological transformation. Small industry should be allowed to come up only in designated industrial areas for better monitoring and periodic surveys. A technologically vibrant, internationally competitive small and medium industry should be encouraged to emerge, to make a sustainable contribution to national income, employment and exports. It is essential to take care of the sector to enable it to take care of the Indian economy. REFERENCES Ã¢â¬ ¢ Raju K. D. ,2008, Small and Medium Enterprises (SMEs) in India: Past, Present and Future, PHDCCI Working Paper, Rajiv Gandhi School of Intellectual Property Law, IIT Kharagpur https://papers. ssrn. com/sol3/papers. cfm? abstract_id=1080505 Ã¢â¬ ¢ Ã¢â¬ ¢ Emerging SMEs of India, auto component https://www. dnb. co. in/smes/smes. asp Ã¢â¬ ¢ THE MICRO, SMALL AND MEDIUM ENTERPRISES DEVELOPME NT ACT, (2006) https://www. and. nic. in/C_charter/indust/msmeact2006. pdf Ã¢â¬ ¢ Ministry of micro , small and medium Enterprises (Government of India) 2007 https://msme. gov. in/msme_aboutus. htm Reserve bank of india,2005, Ã¢â¬Å"Debt restructuring mechanism for SMEs in India, https://www. rbi. org. in/scripts/NotificationUser. aspx? Id=2502Mode=0 Ã¢â¬ ¢ SME TIMES 2008, Alternative avenues to SME financing, https://smetimes. tradeindia. com/smetimes/news/top- stories/2008/Aug/14/alternative-avenues-to-sme-financing. html Ã¢â¬ ¢ Prasad C. S. ,Micro, Small and Medium Enterprises Financing in India Ã¢â¬â issues and concern Issues, https://cab. org. in/CAB%20Calling%20Content/Small%20and%20Medium%20Ent erprises%20- %20Financing%20Need%20for%20Paradigm%20Shift/MSME%20Financing%20in%2 0India%20-%20Issues%20and%20Concerns. pdf DonÃ¢â¬â¢t waste time! Our writers will create an original "Role of Smes in National Development" essay for you Create order
Thursday, May 14, 2020
RISK INSURANCE MANAGEMENT CASE Ã¢â¬â 1 a. With regard to the fuel oil prices risk: (1) Discuss how Juanita could use futures contracts to hedge the price risk. Futures contracts are one of the most common derivatives used to hedge the price risk. A futures contract is as an arrangement between two parties to buy or sell an asset at a particular time in the future for a particular price. The main reason that companies or corporations use future contracts is to offset their risk exposures and limit themselves from any fluctuations in price. The ultimate goal of an investor using futures contracts to hedge is to perfectly offset their risk. In real life, however, this is often impossible and, therefore, individuals attempt toÃ¢â¬ ¦show more contentÃ¢â¬ ¦Less commonly, the focus is on a quintile, or other location parameter of the conditional distribution of the dependent variable given the independent variables. In all cases, the estimation target is a function of the independent variables called the regression function. In regression analysis, it is also of interest to characterize the variation of the dependent variable around the regressi on function which can be described by a probability distribution. Regression analysis is widely used for prediction and forecasting, where its use has substantial overlap with the field of machine learning. Regression analysis is also used to understand which among the independent variables are related to the dependent variable, and to explore the forms of these relationships. In restricted circumstances, regression analysis can be used to infer causal relationships between the independent and dependent variables. However this can lead to illusions or false relationships, so caution is advisable. Results of the regression are as follows: Y = 2.31 + 0.22X GWS trains will travel an estimated 5 locations. Expected derailment = 2.31 + 0.22 x 5 = 2.31 + 0.22 x 5 = 2.31 + 1.1 = 3.41 = 3 nos. CASE Ã¢â¬â 2 a. Do any of the following parties have anShow MoreRelatedCase Studies : A Case Study Approach Essay1157 Words Ã |Ã 5 PagesA case study is a specific instance that is frequently designed to illustrate a more general principle (Nisbet and Watt, 1984). Hitchock and Hughes (1995) further suggest that the case study approach is particularly valuable when the researcher has little control over evens. Case studies strives to portray Ã¢â¬Ëwhat it likeÃ¢â¬â¢ to be a particular situation, to catch up reality and Ã¢â¬Ëthick descriptionÃ¢â¬â¢ (Geertz, 1973) of participantsÃ¢â¬â¢ lives experiences of, thoughts about and feelings for a situation. TheyRead MoreCase Study887 Words Ã |Ã 4 PagesCHAPTER I INTRODUCTION 1.1 Reasons choose the case 1.2 The Problems The problems of this case are: 1. How would you characterize Lincoln ElectricÃ¢â¬â¢s strategy? 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Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts, without express permission of the Publishers, for educational purposes only. In all other cases, no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without either the prior written permission of the Publishers orRead MoreCase Studies13817 Words Ã |Ã 56 PagesCASE STUDY #1 A Job Search Dilemma Eric, a second-semester senior, is looking for a job. Anxious about finding work in the worst economy in decades, he sends out scores of resumes for a wide variety of positions. The first call he gets is for a position that doesnt really interest him, but he figures he should be open to every opportunity. He schedules an interview, which he aces. In fact, the recruiter offers Eric the job on the spot. 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She went to the bathroom where she washed her face with cold water and stayed in there long enough to smoke a cigarette. When she went back to the bedroom the being was still there. The being showed her futureRead MoreThe Case Study Of The Company1468 Words Ã |Ã 6 PagesOverview of Case Study In the case study by Spector titled, Transferring Innovation Across National Boundaries, (Spector, 2012) company named Minnesota Biolabs (MB) provided laboratories with a quality test for contamination of injectable medications. This test required the use of live rabbits that led to the rabbitÃ¢â¬â¢s death after the test. The company was headquartered in Minneapolis, however they were organized with four, somewhat independent, national units in Europe and Japan, each run by aRead MoreLaw of Case Studies1514 Words Ã |Ã 7 PagesZulfatah Arif SCM-019741 Work Psychology in Communication, Writing and Reporting COM 2153 Mr Haji Adenan Case Studies An Unmotivated Building Inspector Case Study By: Zulfatah Arif 1) Review the motivation theories discussed in this chapter. How would each one describe and explain the problems with Simon LucasÃ¢â¬â¢s motivation? The theories that would be relevant to the problems with Simon LucasÃ¢â¬â¢ motivation would be the McClellandÃ¢â¬â¢s Need Theory and HerzbergÃ¢â¬â¢s Two-Factor Theory.Read MoreCase Study Essay1116 Words Ã |Ã 5 PagesCase Study Objective The Case will focus on issues related to the cultural aspect of international business; sustainable business practices including CSR issues; foreign investment; and the benefits of regional integration for the countries within, and companies doing business in, that region.Ã The case study analysis will be completed on an individual basis. Instructions THE CASE: Kaizer Consulting Kaizer Consulting is an international management consulting firm that specializes in business strategy
Wednesday, May 6, 2020
New Zealand, which is known for its beautiful landscapes that are often captured on film in movies and television shows such as The Lord of the Rings Trilogy or Xena: the Warrior Princess, is now facing problems with deforestation, soil erosion, and invasive species that are killing native plants and animals (Central Intelligence Agency). With all countries whose population is growing, there are major effects caused by it. According to The World Factbook, a website created and ran by the Central Intelligence Agency, New Zealand is a country made of multiple islands that lie off the southeast coast of the continent Australia in the South Pacific Ocean. With about 268,000 square kilometers of land, New Zealand is an island that has bothÃ¢â¬ ¦show more contentÃ¢â¬ ¦Many New Zealanders help harvest and build much of their exports. New Zealand main exports are dairy products, meat, and fish (Central Intelligence Agency). They also export different woods or wood products as well as machi nery. The World Factbook states that the total amount of exports are $38 billion. New ZealandÃ¢â¬â¢s partners for exports are Australia, China, Japan, and the United States. They get imports from the countries listed prior in addition to Singapore and Germany. The imported goods total about $37,000 and include electronics, vehicles, machinery, and textiles (Central Intelligence Agency). Some major environment problems New Zealand are facing are deforestation, soil erosion, and harm to native plants and animals because or invasive species (Central Intelligence Agency). Greenpeace, an independent global campaigning organization, states that deforestation is a major problem in New Zealand because the burning of the forests have resulted in too much carbon in the air. This extra carbon in the air adds to the Ã¢â¬Å"greenhouse effectÃ¢â¬ which in turn causes climate change. This change in climate can result in the destruction of more forests because it causes more forest fires and drought (Greenpeace). Another outcome caused by deforestation is soil erosion. There are many types of soil erosion that happen in New Zealand. Two types that New Zealand deals with the most are steambank erosion and surface erosion
Tuesday, May 5, 2020
Question: Suppose parliament decided to strip the reserve bank of its monetary policy powers and decided to legislate interest rate changes. How would you expect the policy choices to change ? which arrangement would , most likely, provide price stability? Answer: Monetary policy Monetary policies are the tools or the policies used by the central bank to control the supply of the money in the economy by using interest rates and inflation rates to ensure price stability and economic growth. There are two types of monetary policy. Contractionary monetary policies are used to shrink the total supply of money in the economy and expansionary monetary policies are used to expand the total money supply in the economy. The main goal of the monetary policies is to stable the price in the economy, lower the unemployment rate and increase the growth of the economy. The main tool of monetary policy used by the government and the central banks are the interest rates. Changes in interest rates also affect the Australian economy and individual consumers everyday life. Interest rates are the price that banks and the people have to pay to borrow money (Gal, 2015). Effects of changes in interest rates: The change in interest rates has its effect on various policies and also affects the economy. When the government wants to controls the supply of money in the economy then it instructs the central bank to raise the interest rates. When interest rate rises then the borrowing money becomes expensive. The demand for loan in the economy falls and savings increases. This leads the supply of money to fall in the economy (Malkiel, 2015). Figure: Fall in supply of money due to high interest rate When the government wants to increase the money supply the interest rate is decreased by the central bank. Borrowing money becomes more lucrative and the supply of money increases as people will now invest the money in new projects and businesses (Malkiel, 2015). Rising interest rates in Australia will hamper the economy as it will result in financial crisis. The last time the Reserve Bank of Australia cut the interest rate was in the year 20013. Economy believes in stabilizing the interest rates in order to stabilize the economy. When the RBA raises the interest rates the dollar rises even further that not only dampens investment making exporters hinder its ability for the non mining sector of the economy to grow. Changes in interest rate have effect on inflation rate as well. The main effect of change in interest rate will have its effect in production, consumption, inflation rate, and exchange rate. Changes in interest are also have effect on various other monetary policies such as repo rate and cash reserve ratio. Cash reserve ratio is the certain percentage of money that commercial banks have to keep with central bank. Interest rates also have effect on bank interests rate. Bank interest rate are the rates at which commercial banks borrows money from central bank. If government wants to increase the money supply in the economy then bank interest rates will rise. Commercial banks will have less money to lend people. Automatically the money supply in the economy falls. Reverse will happen if government wants to decrease the money supply in the economy (Malkiel, 2015). Changes in interest rate also have effect on exchange rate. Higher interest rates tend to increase the value of the currency compared to other countries currencies. This leads to increase in foreign investments and the demand for the countries currencies will also increase. The rise in the interest rates will raise the prices of exports of Australian product that will result in fall in for the exports in international market. The value of Australian currency rises with the rise in interest rates. Inflation rate is the rate at which the prices in the economy rises during any given time period. The rise in the interest rate increases the cost of borrowing money in the economy. People will have less money left to spend in the economy so the demand for goods will fall. The economy will slow down that in turn the prices of the goods in the economy falls. Rise in the interest rates also leads the prices of goods in Australia rise. The fall in interest rate will have opposite effect in inflation rate. Hence interest rate and inflation rate are positively related (Afonso Sousa, 2012). Figure: effect of rise in interest rate on inflation rate Repo rate is the rate at which the central bank lends money to commercial bank during the shortfall of funds. The effect of changes in the repo rate on the inflation rate is known as transmission of mechanism. The change in the repo rate has its effect on the interest rate as well in long term and this change in repo rate will have effect on the inflation rate as well (Bekaert et al., 2013). The government of Australia wants the Reserve of Australia to curb the interest rates in order to stabilize the price and the growth of the fragile economy. Price stability is the situation when the prices of various goods and services do not fluctuate in the economy and the economic growth is stable. For the price to be stable in the economy the interest rate specially the nominal interest rate needs to be stable. The changes in the interest rate and its effect on various other policies of output demand and prices are known as transmission of mechanism of monetary policy (Afonso Sousa, 2012). Basically there are three variables or policies that rate affected with the change in interest rates. First one is change in demand, savings, investment and exports. Second is on the production and employment. Third is on real GDP and price inflation (Afonso Sousa, 2012). References: Afonso, A., Sousa, R. M. (2012). The macroeconomic effects of fiscal policy.Applied Economics,44(34), 4439-4454. Bekaert, G., Hoerova, M., Duca, M. L. (2013). Risk, uncertainty and monetary policy.Journal of Monetary Economics,60(7), 771-788. Gal, J. (2015).Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications. Princeton University Press. Malkiel, B. G. (2015).Term structure of interest rates: expectations and behavior patterns. Princeton University Press.