bad Medicine essays

bad Medicine essays Androstenedione: Just Another Supplement Suppose that you were a distressed student, but you knew of a pill that would enable you to get better grades. Would you choose to take them or not? It would be preposterous to say that many would not. Mark McGwire, first baseman for the St. Louis Cardinals, had to make a decision similar to this. The decision he was forced to make was whether or not to use the body supplement androstenedione. This year, Mark McGwire broke the single season record for home runs and everyone made a big ordeal about his use of androstenedione. Many felt that since androstenedione is already outlawed in Professional Football, the Olympics, and the NCAA, then it should be illegal in Major League Baseball as well. Once again I ask if it were possible for you to enhance any part of your body, would you choose to do so? Over the Thanksgiving break, my grandfather and I got into a discussion about McGwire. He told me that he felt that McGwire should not even be mentioned for MVP this year because of his use of andro. I said, grandpa, as a farmer you are constantly looking for ways to increase crop yield. The answer is always some type of fertilizer. Every other farmer may also choose to use these fertilizers, but some do not. Androstenedione is like a fertilizer to McGwire. To say that he does not deserve the MVP would be like saying you are unable to collect the extra money that you receive as a result of a good harvest. After that, he quietly walked away from the table! This from a man who is known for always having the last word. Mark McGwire is a 65, 250 pound first baseman for the St. Louis Cardinals. McGwire started his career in Oakland California with the Athletics. He was traded to St. Louis in 1997 for three pitchers and was worked into the lineup immediately. His ability to hit home runs has not just recently come about. In his rookie year of 1987, he was the American League Home Run C...

Frankfurt Essays - Districts Of Frankfurt, Frankfurt, Hesse-Nassau

Frankfurt Essays - Districts Of Frankfurt, Frankfurt, Hesse-Nassau Frankfurt Frankfurt am Main, city in west central Germany, in Hessen, a port on the Main River. It is a major manufacturing, financial, commercial, and transportation center, served by rail lines and the Rhine-Main Airport, the most important in Germany. Manufactures include machinery, electrical equipment, chemicals (notably in the Hchst district), pharmaceuticals, motor vehicles, clothing, and printed materials. International trade fairs, including the world's largest annual book fair, are held in the city. Frankfurt is divided into an old town, or Altstadt, bordering the river, and a new town, or Neustadt, north of the older section. The old town, inhabited mainly by tradespeople and skilled artisans, retains many medieval characteristics. The new town contains the business quarter and the most important public buildings. A cluster of Gothic houses, the Rmer, was used as the town hall for nearly 500 years. It forms the nucleus of the Rmerberg, a square flanked by medieval houses of various dates. Other places of interest are the Leinwandhaus, or linen drapers' hall, of the 14th century; the Eschenheimer Turm, a tower once part of the city's old fortifications; the palace of the princes of Thurn and Taxis, which was the meeting place of the diet of the German Confederation from 1816 to 1866; and the house (now a museum) where the German poet and writer Johann Wolfgang von Goethe spent his youth. The diarist Anne Frank was born in Frankfurt. The outstanding church of Frankfurt is the Cathedral of Saint Bartholomew. It was constructed in the 13th century on the site of a 9th-century church and was the seat of the elections of emperors of the Holy Roman Empire and, after 1562, of the imperial coronations. Also notable are Saint Paul's Church (18th-19th century), where the Frankfurt Parliament, the first German national assembly, met from 1848 to 1849; Saint Leonard's Church (15th-16th century); and Saint Michael's Church (1953). Seven museums make up the Museum Embankment, a major construction project first planned in the late 1970s and completed only recently. The complex includes the Postal Museum and museums of applied arts, ethnography, cinema, architecture, sculpture, and European painting from the 14th century, as well as an art school and parks. Across the river but generally mentioned in conjunction with the embankment is the Jewish Museum. It was opened in 1988, on the 50th anniversary of Kristallnacht (German for Night of Broken Glass), a night of anti-Jewish rioting instigated by the Nazi party, and is located in the palace of the House of Rothschild, the famous family of Jewish financiers. The museum depicts the history of Jews in Germany from the Middle Ages to the present and focuses on Frankfurt's Jewish ghetto. Also, the new Museum Judengasse (1992) displays preserved ruins of the Jewish ghetto as well. Another major museum in Frankfurt is the Senckenberg Museum, with a large collection on natural history, especially paleontology. The city also has a large zoo and a botanical garden and is the seat of a university (1914). Though the area was settled as early as the Stone Age, Frankfurt was probably established as a Roman settlement about the 1st century AD. In the late 8th century, it was referred to as Frankonovurd by Einhard, the biographer of Charlemagne. During Charlemagne's reign (800-814) a number of imperial councils were held in Frankfurt. The Golden Bull of 1356 established Frankfurt as the seat of the imperial elections, and it was made a free imperial city in 1372. About 1530 the city became an important stronghold of Protestantism. Upon the formation of the Confederation of the Rhine in 1806, Frankfurt became subordinate to the confederation. It regained the status of a free city in 1815, and it was the unofficial capital of the confederation until 1866. In the same year, during the Seven Weeks' War, Frankfurt was seized by Prussia. During World War II (1939-1945), the city was badly damaged by bombing, but it has since been rebuilt. In 1993 Frankfurt was chosen as the site of the European Monetary Institute, the European Union body that is the forerunner of the European Central Bank. Population (1997) 652,412. Bibliography Encarta www.frankfurt.de

Child of the Dark The diary of Carolina Maria de Jesus Essay

Child of the Dark The diary of Carolina Maria de Jesus - Essay Example Another deterrent of having faith in democracy is the lying that politicians do. Carolina wrote a poem, "Politicians on their platform, Promise they will give you raises, And the people find out soon enough, That its their suffering that was raised" (Maria, 123). Through Carolinas views, one can see that support of democracy weakens with the distrust of politicians. The problems within Brazil also deter Carolina from having sympathy to democracy. She says, "The cost of living makes the worker lose his sympathy for democracy" (Maria, 103). She also makes the promise that, "If the cost of living keeps on rising until 1960, were going to have a revolution" (Maria, 119). The key word, revolution, supports the claim that democracy and poverty cannot coexist, at least not for long. If the cost of living does not change, the democratic state will be challenged. Another challenge of democracy is corruption. Carolina talks of how the collector for electricity money is allowed to charge those living in the favelados whatever he wants (Maria, 147). When the poor realize that they are being stolen from, they are not willing to accept a flawed form of government. On the other hand, Carolina also negates the argument that democracy cannot coexist with poverty. She does this through her political actions. On July 7th, 1958 Carolina went to register to vote. She said, "When I got to Semanario Street, I needed a photo for registration papers. I had a picture taken in Foto Lara. It cost me 60 cruzeiros" (Maria, 76) This may not jump out as an action to support democracy, but when one takes into account how much 60 cruzeiros is worth to her, one can see how much she sacrificed to register to vote. 60 cruzeiros was the equivalent to about 1 kilo of beans in Brazil in the 50s. She could have fed her family for days, but yet she still made it a priority to take part in the political process. Another example of her participation occurs while addressing

Pick a country other than india and write a paper on business ethics Research

Pick a country other than india and write a on business ethics - Research Paper Example This paper analyses some of the ethical principles that business operators in PRC have to adhere to and the challenges posed by these requirements. Natural right and social construct Property rights give people legal ownership of property and hence decide on how and with whom to share such properties. This therefore would leave all wealth with the rich as the poor forever remain in poverty. But Nair (2012) argues that owners hold a legal obligation to other people in the community and that this principle propagates that. Therefore, to operate ethically, there is need to give back to the society. Unlike the Western countries’ promotion of individualism culture, PRC propagates Confucianism with focus on organization of the society to propagate collective welfare and stability. This appreciates the interdependence in humans and their welfare which determine the resultant quality of the society. Wang (2006) gives an example of the Chinese authorities’ requirement for more e ndowed businesses to be taxed more than the ones who are not, for the benefit of the whole community. Production This type of business ethics dictates that firms have the duty of ensuring that their processes do not cause harm needlessly. This covers even the products that get released to the market. But most organizations would hold the fact that the products they produce do not have any risk to the consumers. It would be however important to consider other related factors such as the environment. Firms have a legal obligation to ensure that their processes and products do not harm the environment. Therefore, they would be responsible for the environment for the entire product cycle. Wang (2006) gives an example of eco-economics ethics that combines both ecological and economic ethics in business. In China, there is emphasis on human harmoniously living with nature (Chan, 2001). The Taoist philosophies require that man finds ways to adapt to the environment and integrate with it in order to achieve unity between nature and man. The government has crafted various regulations to conserve the environment but lack of emphasis on implementation has led to continued pollution as witnessed in its capital, Beijing. International issues China being an international player in trade has players from all over the world. Therefore, business entities operating in the region face the challenge of adapting to regulations that are in line with the international communication behavior due to some localized regulations in the country, China known for its richness in culture. The confines of Guanxi for instance dictate that â€Å"if someone does a favor for you, there will be an expectation that you, at some point in the future will return the favor† (Clair & Norris, 2011, p.4). From the international perspective, this could be viewed as corruption and therefore unethical. But in China, this would simply be taken as a promise for a future accomplishment, which if met woul d be considered as ethical. This relationship-focus nicety is what differentiates Guanxi from corruption which international corporations should be aware of so as to avoid falling into problems with the Foreign

Frankenstein Essay Example for Free

Frankenstein Essay According to mental health specialists, Borderline personality disorder is a serious mental illness and those afflicted have issues with regulating their emotions, behaviors, and thoughts. On top of that, they have a hard time maintaining relationships with others because of their reactions to certain situations or ideas, and are found to be â€Å"unstable†. Not unlike the men in Shelley’s Frankenstein, a person with, the somewhat misnomered, illness is very impressionable to the various occurrences in their life. It is true that with age and as the story goes on, that the toll of being emotionally unstable and incapable of dealing with the repercussions of their actions increases and is reflected in the personalities of the men in Frankenstein. Starting with the most susceptible of the three main male characters, the Wretch has the least understanding of how the world around him works. He is seen to be pondering the realization that he has been shunned, by the one person who should accept him for who he is, and he instantly feels indignation. â€Å" ometimes I allowed my thoughts, unchecked by reason, to ramble in the fields of Paradise and dared to fancy amiable and lovely creatures sympathising with my feelings and cheering my gloom but.. [my creator] had abandoned me, and in the bitterness of my heart I cursed him,† (93-94). He is content with the knowledge that people are wanted and treated well by those who care, but is disappointed when he comprehends that he and the people around him are not one and the same. The Wretch struggles to come to terms with this, as he has not been prepared to deal with the cruelty of those who he instinctually admires. The Wretch takes offense easily, and is hardened by the fact that there is so much good in the world, yet he remains unwanted. The Wretch desperately wanted to be accepted by the cottagers, and is so overcome with grief when they reject him entirely that it oversteps his anger. He is even found to say: â€Å"I could have torn him limb from limb but my heart sunk within me as with bitter sickness, and I refrained,† (97). Sad and confused, the Wretch finds himself alone and dealing with the sudden and all-too-heavy realization that he is not wanted in the world he was brought about into. The Wretch is child-like, not unlike his first victim, and does not have an understanding of how he is received by others. The Wretch comes across William Frankenstein, Victor’s youngest brother, and wants to be his friend; but his attempts at friendship being dodged by the youngster only confuses and hurts him further. â€Å"I could seize him and educate him as my companion and friend, I should not be so desolate in this peopled earth the child still struggled, and loaded me with epithets which carried despair to my heart: I grasped his throat to silence him, and in a moment he lay dead at my feet,†(102). Regrettably, The Wretch did not realize his strength and was too taken by the idea of friendship to see what he was doing. Disappointed still at the fact that a young and impressionable child was old and wise enough to know they were different, the Wretch truly feels alone and abandoned by society. Robert Walton is a man who is always changing his mind, and changing his behaviors and focuses. He realizes a new goal for himself, to travel to the Antarctic, and sets out on yet another adventure; he is relishing in the thought that he is finally content with the direction in which his life is going. These reflections have dispelled the agitation with which I began my letter, and I feel my heart glow with an enthusiasm which elevates me to heaven; for nothing contributes so much to tranquilize the mind as a steady purposea point on which the soul may fix its intellectual eye,† (2). Walton is quoted several times to have said that he changed focuses in his life. He is inconsistent a nd fickle about his life’s goals, and never completes anything. Sure he may one day set out and finish something, but the Robert Walton depicted by Shelley and introduced to Victor Frankenstein is not that man. Robert Walton is a simple man. who is so proud, that he can not bear to be a disappointment to anyone, including himself. While writing to his sister, Walton is addressing the fact that should he fail on his latest mission, he will be far too ashamed to face that and most likely disappear completely. â€Å"If I succeed, many, many months, perhaps years, will pass before you and I may meet: If I fail, you will see me again soon, or never,† (3). From the very beginning, Robert is displayed as a character who is unstable and very easily disappointed. While this is not life ruining, a trait like this surely only complicates life and upsets those around him. In promising to estrange himself from his family solely because of a failure, one that has not even happened yet, Robert is painted as a man who perhaps should not be trusted. Walton’s emotions and how he reacts is everchanging, and he is quick to change his mind about a person or idea solely based on prejudice or the opinions of others. Robert allows himself to feel badly for the monster when listening to his grief over the death of Victor, but his sudden and ery deep obligation to Victor, as well as his prejudice against the Wretch, stops him. â€Å"I was first touched by the expressions of his misery; yet, when I called to mind what Frankenstein had said of his powers of eloquence and persuasion, and when I again cast my eyes on the lifeless form of my friend, indignation was rekindled within me,†(164). Perhaps Robert would have felt more strongly about the Wre tch and his own story had Robert not known and immediately sided with Victor. In lieu of assessing the situation and how he felt about the monster, Walton promptly writes off any good feelings for him, because he is an easily-influenced man, who is incapable of really thinking things through. Victor Frankenstein, towards the end of his life, is quick to anger when faced with even the thought of his creation. Robert Walton wanted to know what was plaguing the mind of his new friend, but was taken aback by how upset Victor was when questioned about the monster. After confronting him, Walton says, â€Å"As I spoke, a dark gloom spread over my listener’s countenance. At first I perceived that he tried to suppress his emotion; he placed his hands before his eyes, and my voice quivered and failed me as I beheld tears trickle fast from between his fingers, a groan burst from his heaving breast,† (11). Victor is a man of prestige and a scholar, to see him break down at the mention of the Wretch is largely an indicator that he is somewhat deranged. He literally breaks down and cries in front of Robert Walton, a man whom he has just been introduced to, and is so moved by his emotions that he has to excuse himself and spend the night calming himself. Though this is early on in the novel, the actual event takes place at the end of Victor’s tale, and can later be chalked up to the fact that the creation of his monster took so much out of him, that he is a different, and highly disturbed man. Victor is taken so strongly by his emotions and devotion to his project that he jeopardizes himself and his health. Victor explains the struggles he went through to create the monster, but is so enraptured with the idea of making new life, that he dismisses these downsides. He is quoted as saying, â€Å"I had worked hard for nearly two years, for the sole purpose of infusing life into an inanimate body. For this I had deprived myself of rest and health. I had desired it with an ardour that far exceeded moderation; but now that I had finished, the beauty of the dream vanished, and breathless horror and disgust filled my heart,† (35). Taken by his convictions, Victor knows what he is doing is wrong, and continues on with them anyway. He sees that his creating the monster and tampering with life is wrong, but goes through with it because his want to succeed is much greater than the battle within him over how morally right or wrong it is. As the novel progresses, this eats away at Victor, as he feels so badly about what he’s done. Victor abhors the creation he has made because he is a man who lets impressions fog his view of others. Victor himself feels a general sadness when he hears the tale of the Wretch, because not unlike Victor, nor any other â€Å"living† man, the Wretch has feelings. However, Victor openly admits that: â€Å"I compassionated him and sometimes felt a wish to console him; but when I looked upon him, when I saw the filthy mass that moved and talked, my heart sickened and my feelings were altered to those of horror and hatred,† (106). This reflects poorly on Victor, as he is the man who created the Wretch. To feel horror and hatred at one’s own creation, one whom many liken to a son of Frankenstein’s, is abominable of Victor. Victor is just a man who is incapable of looking past his preju. dices and accepting the wrongs he has done. Knowing what kind of man he is, he should not have gone through with the making of the Wretch at all. However, the drive to accomplish something great and be renown for his advancement in the science community, as well as an arguably deep-rooted want to be distinguished and intellectual, proved to be much greater than any compunction from creating life and tampering with something so delicate as the human emotion. The Wretch, Robert, and Victor are all men who are shown as developing and complex characters. Their decisions and ultimately the way they handle the consequences of their actions is what makes the men of Frankenstein emotionally unstable.

McDonalds :: essays papers

McDonalds This is an exciting and interesting essay to write for a number of reasons. For one it's an honour to make a research on one of the most profitable societies of the world, for second because the kindness of McDonald's employees and the precision of McDonald's Web site, are perfect sources for all kind of information that can help analyse through Porter's value chain, all the aspects of its value creation. In the late 1940s, Dick and Mac McDonalds were searching for a way to improve their little drive-in restaurant in San Bernardino, California, U.S.A.; they invented an entirely new concept based upon speed service, low prices, and big volumes. Word of its success spread quickly, in 1952 they had more than 300 franchising inquires a month from all over the country. McDonald's is now the largest and best-known foodservice retailer and one of the two best-known and powerful brands in the market. With more than 24,500 restaurants in 115 countries, some of those operated by the company, some by franchisees or by affiliates operating under joint-venture agreements. The global market potential is still huge: yet on any day, even as the market leader, McDonald's serves less than one percent of the world's population. The restaurant chain plans to expand their leadership position through convenience, superior value and excellent operations. The effort to increase market share, profita! bility and customer satisfaction has produced high returns to shareholders: a compound annual total earning of 21% over the past 10 years. McDonald's vision is to dominate the world-wide foodservice industry. Universal dominance means setting the performance standard for customer satisfaction and increasing market share and profitability through successful fulfilling McDonald's convenience, value and execution strategies. A precise way of considering McDonald's' role of operations is through Porter's value chain analysis. The Value chain breaks down the firm into its strategically relevant activities, in order to understand the behaviour of costs and the existing or potential sources of differentiation. A firm gains competitive advantage by performing these strategically important activities more cheaply or better than its rivals. For a company which feeds some 38 millions clients every day, finding a reliable quality supplies is a major factor for success. McDonald's has solved the problem by making food supplies part of their success. McDonald's distributors are strategically to be accessible to the each restaurant and carry practically everything, from meat and potatoes to lightbulbs. Coca-Cola, the right well-known drink, has been with McDonald's from the beginning supplying beverages. McDonald's is increasingly using its leverage to capitalise upon global purchasing practices. New restaurants throughout Europe feature tabletops from Belgium; chairs, floors and tiles from Italy; doors from Austria etc.

The Role and Involvement of Senior Management

This essay will analyse the roles and involvement of senior management in determining and executing strategic information system in a global organisation. This will explain how organisation can beat the threat when competing in a global market and what strategy they needs to follow that will enable their business to stand out among other competitive market. Also this topic will states the paramount of information system in helping organisation in making strategic decision in all area of their business and what they need to put in place for them to be successful in their global business such as: like Geographical, their local business partners, the structure of the business, the business legislation in their desired area of location how all this is paramount will be discuss in the essay. I will argue about the assumption of universality of economic entrance and development which is incompatible the reality and development ways in the developing and developed countries. Role and involvement of senior management in global organisation The use and insight of Strategic Information System (SIS) was linked with IT and IS and is purpose is to assist the senior manager to control more effectively in order to improve the areas of communication and to progress in decision making. As the improvement in technology developed the focal point was motivated in the running performance of an organisation processes to a long term strategic view they desired. This was done by using an adopting technologies and systems which helps the management to redesign their existing ways of running and ensuring there is stability in their path. After seeing that there is a superior understanding of the organisation the management were able to be familiar with new ways of utilizing the technology which subsequently make it possible for them to be more effective of the use of information. In all organisations information system plays a vital role in the operation of the business which allows the organisation to process information using database, communication, system and many other applications. In the recent year Information system has become well-known as a means of absorption and the enabler of new competitiveness for today’s scheme in the global organisation. It is very important for senior managers to have a good understanding of the effective and responsible use of information system which will enable them to be successful in their area of businesses when operating in a global environment. When it comes to the aspect of processing decision senior management rely on information systems in making strategic outcome. As a senior management when introducing a strategic information system in Global organisation they must ensure that the importance of user must be involve when making the process and the mangers must provide a guide line which will allow them to maximize user or customer involvement in the design and implementation of a strategic information. Also when the management are making a determination and executing a strategic in a global organisation there are ways in which they can liked their business strategy to define the business needs and structure which will help them in driven into information system and one of the way they can use to do this is by looking into the competitive advantage. There are different types of strategies which the management can put into consideration in order for them to differentiate their product in a competitive market and they can use generic strategies which will help them in reducing their cost, differentiate their product in which they provide on market niche (porter, 1980). In addition, evidence shows that companies that globalize achieve better competitive and financial performance. But globalizing, in the sense of spreading activities around the world, is not enough. Companies also need to be globally integrated. They need globally coherent strategies, global networks, and the ability to maximize profits on a global basis. When considering the geographic and time that might stands like a barrier to promote the organisation in the global world information system can assist the senior management in this particular aspect and the way they can promotes the business is to provides an online electronic market place where customers can purchase any of their product at any particular hours of time. Also they need to understand the business language whenever the location of the business is situated. In looking for a way to develop an appropriate Information system strategies it is very usual to put some form of hole analysis which will help the management in identifying the hole of where the organisation are and where they want to progress to. Conclusion This essay are critically analyse the roles of management in executing strategic information system and has analyse the important of information system which will help them to make a development in their business and to be successful in the globalisation market or organisation environment. An important key factor of this essay is that the commitment of senior management in a global organisation is so essential which lead them to think of the effectiveness of technology and the way they can transform the business that will be different from other competitive market. The choices to be made in order to beat organisational boundaries such as : marketing, operations, finance, legal, business partners, location and other strategic decision can only be made by senior management.

Project on Demat Account

The term Demat, in India, refers to a dematerialised account. For individual Indian citizens to trade in listed stocks or debentures. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions to enable electronic settlements of trades to take place.Access to the demat account requires an internet password and a transaction password as well as initiating and confirming transfers or purchases of securities. Purchases and sales of securities on the Demat account are automatically made once transactions are executed and completed. | | Advantages of Demat The demat account reduces brokerage charges, makes pledging/hypothecation of shares easier, enables quick ownership of securities on settlement resulting in increased liquidity, avoids confusion in the ownership title of securities, and provides easy receipt of public issue allotments.It also helps you avoid bad deliveries caused by signature mismatch, postal delays and loss of certificates in transit. Further, it eliminates risks associated with forgery, counterfeiting and loss due to fire, theft or mutilation. Demat account holders can also avoid stamp duty (as against 0. 5 per cent payable on physical shares), avoid filling up of transfer deeds, and obtain quick receipt of such benefits as stock splits and bonuses. Indian Market ScenarioIndian capital market has seen unprecedented boom in its activity in the last 15 years in terms of number of stock exchanges, listed companies, trade volumes, market intermediaries, investor population, etc. However, this surge in activity has brought with it numerous problems that threaten the very survival of the capital markets in the long run, most of whic h are due to the large volume of paper work involved and paper based trading, clearing and settlement. Until the late eighties, the common man kept away from apital market and thus the quantum of funds mobilized through the market was meager. A major problem, however, continued to plague the market. The Indian markets were drowned in shares in the form of paper and hence it was problematic to handle them. Fake and stolen shares, fake signatures and signature mismatch, duplication and mutilation of shares, transfer problems, etc. The investors were scared and were under compensated for the risk borne by them. The century old system of trading and settlement requires handling of huge volumes of paper work.This has made the investors, both retail and institutional, wary of entering the capital market. However, lack of modernization become a hindrance to growth and resulted in creation of cumbersome procedures and paper work. However, the real growth and change occurred from mid-eightie s in the wake of liberalization initiatives of the Government. The reforms in the financial sector were envisaged in the banking sector, capital market, securities market regulation, mutual funds, foreign investments and Government control.These institutions and stock exchanges experienced that the certificates are the main cause of investors` disputes and arbitration cases. Since the paper work was not matching the rapid growth so there was a need for a better system to ensure removal of these impediments. Government of India decided to set up a fully automated and high technology based model exchange that could offer screen-based trading and depositories as the ultimate answer to all such reforms and eliminate various bottlenecks in the capital market, particularly, the clearing and settlement system in stock exchanges. 1] A depository in very simple terms is a pool of pre-verified shares held in electronic mode which offers settlement of transactions in an efficient and effective way. Object Of Demat System India has adopted this system in which book entry is done electronically. It is the system where no paper is involved. Physical form is extinguished and shares or securities are held in electronic mode. Before the introduction of the depository system by the Depository Act, 1996, the process of sale, purchase and transfer of shares was a huge problem and the safety perspective was zero.Demat Benefits The benefits are enumerated as follows: . Its a safe and convenient way to hold securities . Immediate transfer of securities is there . There is no stamp duty on transfer of securities . Elimination of risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc. . There is a major reduction in paperwork involved in transfer of securities,reduction in transaction cost etc. . No odd lot problem, even one share can be sold thus there is advantage .Change in address recorded with DP gets registered with all companies in which investor holds securities electronically eliminating the need to correspond with each of them separately; †¢ Transmission of securities is done by DP eliminating correspondence with companies; †¢ Automatic credit into demat account of shares, arising out of bonus/split/consolidation/merger etc. †¢ Holding investments in equity and debt instruments in a single account. Benefit to the Company The depository system helps in reducing the cost of new issues due to less printing and distribution cost.It increases the efficiency of the registrars and transfer agents and the Secretarial Department of the company. It provides better facilities for communication and timely services with shareholders, investor etc. Benefit to the Investor The depository system reduces risks involved in holding physical certificated, e. g. , loss, theft, mutilation, forgery, etc. It ensures transfer settlements and reduces delay in registration of shares. It ensures faster communication to investors. It helps avoid bad delivery problem due to signature differences, etc. It ensures faster payment on sale of shares. No stamp duty is paid on transfer of shares.It provides more acceptability and liquidity of securities. Benefits to Brokers The depository system reduces risk of delayed settlement. It ensures greater profit due to increase in volume of trading. It eliminates chances of forgery – bad delivery. It increases overall of trading and profitability. It increases confidence in investors. Demat conversion Converting physical holding into electronic holding (dematerialising securities) In order to dematerialise physical securities one has to fill in a DRF (Demat Request Form) which is available with the DP and submit the same along with physical certificates one wishes to dematerialise.Separate DRF has to be filled for each ISIN Number. The complete process of dematerialisation is outlined below: †¢ Surrender certificates for dematerialisation to your de pository participant. †¢ Depository participant intimates Depository of the request through the system. †¢ Depository participant submits the certificates to the registrar of the Issuer Company. †¢ Registrar confirms the dematerialisation request from depository. †¢ After dematerialising the certificates, Registrar updates accounts and informs depository of the completion of dematerialisation. †¢ Depository updates its accounts and informs the depository participant. Depository participant updates the demat account of the investor. Demat Options Banks score over others Around 200 â€Å"depository participants† (DPs) offer the demat account facility. A comparison of the fees charged by different DPs is detailed below. But there are three distinct advantages of having a demat account with a bank — quick processing, accessibility and online transaction. Generally, banks credit your demat account with shares in case of purchase, or credit your savi ngs accounts with the proceeds of a sale on the third day. Banks are also advantageous because of the number of branches they have.Some banks give the option of opening a demat account in any branch, while others restrict themselves to a select set of branches. Some private banks also provide online access to the demat account. So, you can check on your holdings, transactions and status of requests through the net banking facility. A broker who acts as a DP may not be able to provide these services. Fees Involved There are four major charges usually levied on a demat account: Account opening fee, annual maintenance fee, custodian fee and transaction fee. All the charges vary from DP to DP. Account-opening feeDepending on the DP, there may or may not be an opening account fee. Private banks, such as HDFC Bank and UTI Bank, do not have one. However, players such as ICICI Bank, Globe Capital, Karvy Consultants and the State Bank of India to do so. But most players levy this when you re -open a demat account, though the Stock Holding Corporation offers a lifetime account opening fee, which allows you to hold on to your demat account over a long period. This fee is refundable. Annual maintenance fee This is also known as folio maintenance charges, and is generally levied in advance. Custodian feeThis fee is charged monthly and depends on the number of securities (international securities identification numbers — ISIN) held in the account. It generally ranges between Rs 0. 5 to Rs 1 per ISIN per month. DPs will not charge custody fee for ISIN on which the companies have paid one-time custody charges to the depository. Transaction fee The transaction fee is charged for crediting/debiting securities to and from the account on a monthly basis. While some DPs, such as SBI, charge a flat fee per transaction, HDFC Bank and ICICI Bank peg the fee to the transaction value, subject to a minimum amount.The fee also differs based on the kind of transaction (buying or sel ling). Some DPs charge only for debiting the securities while others charge for both. The DPs also charge if your instruction to buy/sell fails or is rejected. In addition, service tax is also charged by the DPs. In addition to the other fees, the DP also charges a fee for converting the shares from the physical to the electronic form or vice-versa. This fee varies for both demat and remat requests. For demat, some DPs charge a flat fee per request in addition to the variable fee per certificate, while others charge only the variable fee.For instance, Stock Holding Corporation charges Rs 25 as the request fee and Rs 3 per certificate as the variable fee. However, SBI charges only the variable fee, which is Rs 3 per certificate. Remat requests also have charges akin to that of demat. However, variable charges for remat are generally higher than demat. Some of the additional features (usually offered by banks) are as follows. Some DPs offer a frequent trader account, where they charge frequent traders at lower rates than the standard charges.Demat account holders are generally required to pay the DP an advance fee for each account which will be adjusted against the various service charges. The account holder needs to raise the balance when it falls below a certain amount prescribed by the DP. However, if you also hold a savings account with the DP you can provide a debit authorisation to the DP for paying this charge. Finally, once you choose your DP, it will be prudent to keep all your accounts with that DP, so that tracking your capital gains liability is easier.This is because, for calculating capital gains tax, the period of holding will be determined by the DP and different DPs follow different methods. For instance, ICICI Bank uses the first in first out (FIFO) method to compute the period of holding. The proof of the cost of acquisition will be the contract note. The computation of capital gains is done account-wise. Opening an account Steps involved in o pening a demat account First an investor has to approach a DP and fill up an account opening form.The account opening form must be supported by copies of any one of the approved documents to serve as proof of identity (POI) and proof of address (POA) as specified by SEBI. Besides, production of PAN card in original at the time of opening of account has been made mandatory effective from April 1, 2006. All applicants should carry original documents for verification by an authorized official of the depository participant, under his signature. Further, the investor has to sign an agreement with DP in a depository prescribed standard format, which details rights and duties of investor and DP.DP should provide the investor with a copy of the agreement and schedule of charges for their future reference. The DP will open the account in the system and give an account number, which is also called BO ID (Beneficiary Owner Identification number). The DP may revise the charges by giving 30 days notice in advance. SEBI has rationalised the cost structure for dematerialisation by removing account opening charges, transaction charges for credit of securities, and custody charges vide circular dated January 28, 2005.Further, SEBI has vide circular dated November 9, 2005 advised that with effect from January 9, 2006, no charges shall be levied by a depository on DP and consequently, by a DP on a Beneficiary Owner (BO) when a BO transfers all the securities lying in his account to another branch of the same DP or to another DP of the same depository or another depository, provided the BO Account/s at transferee DP and at transferor DP are one and the same, i. e. identical in all respects.In case the BO Account at transferor DP is a joint account, the BO Account at transferee DP should also be a joint account in the same sequence of ownership. Disadvantages of Demat The disadvantages of dematerialization of securities can be summarised as follows: Trading in securities may becom e uncontrolled in case of dematerialized securities. It is incumbent upon the capital market regulator to keep a close watch on the trading in dematerialized securities and see to it that trading does not act as a detriment to investors.The role of key market players in case of dematerialized securities, such as stock-brokers, needs to be supervised as they have the capability of manipulating the market. Multiple regulatory frameworks have to be confirmed to, including the Depositories Act, Regulations and the various By-Laws of various depositories. Additionally, agreements are entered at various levels in the process of dematerialization. These may cause anxiety to the investor desirous of simplicity in terms of transactions in dematerialized securities.However, the advantages of dematerialization outweigh its disadvantages and the changes ushered in by SEBI and the Central Government in terms of compulsory dematerialization of securities is important for developing the securities market to a degree of advancement. Freely traded securities are an essential component of such an advanced market and dematerialization addresses such issues and is a step towards the advancement of the market. Transfer of Shares between DPs To transfer shares, we need to fill the Depository Instruction Slip Book (DIS).Firstly we need to check, whether both Demat account's Depository Participant is same or not(CDSL or NSDL) If both of them are different, then we need an INTER Depository Slip (Inter DIS). If they are same, then we need INTRA Depository Slip (Intra DIS). For example: If we have one Demat account with CDSL and other Demat account with NSDL, then we need an Inter DIS. Generally, brokers issue Intra DIS, so do check with broker. Once we identify the correct DIS, fill the relevant information like scrip name INE number quantity in words and figures nd submit that DIS for the transfer to the broker with signatures.The transferor broker shall accept that DIS in duplicate a nd acknowledge receipt of DIS on duplicate copy. Do try to submit that DIS when market is on. Accordingly, date of submission of DIS and date of execution of DIS can be same or a difference of one day is also acceptable. For transfer, you shall also pay the broker some charges. Remember: DIS is almost like a cheque book. Accordingly, it can not be misused if issued blank. So deposit only a completely filled in Slip to broker. Do cut out unfilled rows so that none can fill them later on.

5 Guaranteed Strategies to Getting a Raise

5 Guaranteed Strategies to Getting a Raise You know this is your moment. You’ve bided your time, minded your Ps and Qs, and you’re just waiting for your boss to realize and recognize all your hard work with the raise that you so richly deserve. The trouble is, you’re realizing that you might have to actually prompt him or her for it. Here are five  things to consider when you think it’s time to ask about getting a raise and you want your boss to  up your compensation. Remember: it’s easy as ABCA: Achievement. Show your value, what you’ve done for the company, your excellent performance. B: Brand. Yours and the company’s, and how they fit together, how you are invaluable to the company and everybody knows it. And, C: Campaign. Have as much support as possible. If your colleagues think you deserve a raise, chances are your boss will too.Look to the futureIt’s all well and good to say: here’s what I’ve done for you so far. But go the extra mile and show wh at you still have in you to do, and why that should be worth more to your boss. Make your ongoing personal career development crucial and connected to the development of your company. And keep the conversation on the great things you can achieve working together.Be preparedThat said, it’s also important to have a clear outline of what you have achieved, and what your accomplishments have been so far. Show your boss that you’ve consistently gone above and beyond your job and salary parameters, and have gotten the results. Be prepared also to make your case and still not get the answer you are looking for.Do your homeworkDon’t go in there asking for a 25% pay bump when you know the company is making cuts and no one has gotten more than a 5% raise in the past five years. Do know your value, based on what you’ve done and how you’re situated to do even more. Be realistic about what you can ask for in the current climate of your company. Have a precise a nd reasonable range in mind. Your boss will appreciate this level of attention to what’s possible, and your ability to compromise.Be confidentDo so even if you don’t get the raise. If you’ve done the necessary preparation and have a clear picture of your worth and achievements in your head, it’s still cause to celebrate. It means you and your boss know exactly what you’re worth. This doesn’t mean be arrogant, but do enjoy the new perspective on your unique position and worth within the company.

4th Grade Science Experiments

4th Grade Science Experiments Great 4th-grade science fair projects involve answering a question, solving a problem, or testing a hypothesis. Usually, a teacher or parent helps work out the hypothesis and design the project. Fourth graders have a good understanding of scientific concepts, but they may need help with the scientific method and organizing a poster or presentation. The key to developing a successful project is finding an idea that is interesting to a 4th grader. Experiment Ideas The best experiments usually begin with a question to which you dont know the answer. Once youve formulated a question, you can design a simple experiment to help figure out the answer: Do cockroaches have a preference for direction? Catch and release cockroaches. Which way do they go? Is there a common trend or not? You can try this project with ants or other crawling insects as well.Do colored ice cubes melt at the same rate as clear ice cubes? Add food coloring to an ice cube tray and compare how long the colored cubes take to melt compared to the regular ones.Does magnetism travel through all materials? Put different materials between a magnet and metal. Do they affect how strongly the magnet is attracted to the metal? If so, do they all affect the magnetic field to the same degree?Do all crayon colors last the same? Draw a really long line with one color, then draw the same length of line with another color. Are both crayons the same length?What is the effect of microwaving seeds on their germination rate? Test seeds that sprout quickly, like radish seeds, and different microwave times, such as 5 seconds, 10 seconds, 30 seconds, one minute. Use a control (no mi crowave) treatment for comparison. Will seeds germinate if you soak them in a liquid other than water? You can try milk, juice, vinegar, and other common household liquids. Alternatively, you could see if plants will grow if they are watered with liquids other than water.Make a simple homemade windmill. What is the best number of blades for the windmill?How much salt (or sugar) can a plant tolerate? Water plants with a different solution of salt or sugar. How high of a concentration can the plant tolerate? A related question would be to see if plants can survive if they are watered with soapy water such as leftover dishwater.Do birds have a preference for birdhouse material? In other words, do they seem to care if the birdhouse is made of wood or plastic or metal?Do worms react when they are exposed to light? Do they react differently when they are exposed to different colors of light?Do ants prefer different types of sugar? Test using table sugar, honey, maple syrup, and molasses.Can you taste the difference between foods that contain fat and fat-free versions of the same product? Compare the water filtration rate of different brands of coffee filters. Take one cup of liquid and time how long it takes to pass through the filter. Do the different filters affect the flavor of the coffee?Do white candles and colored candles burn at the same rate?Write messages using different types of invisible ink. Which was the most invisible? Which method produced a message that was easy to read after it was revealed?

Leading theories of free will Essay Example | Topics and Well Written Essays - 750 words

Leading theories of free will - Essay Example Free will has been described as; having the ability to make decisions or choices, devoid any kind of limitations. As such, anybody who desires to make a decision out of free will, should not be influenced by any external forces or interferences whilst making such a decision (Kim et al, 2009). However, in reality, this is not often the case. Most decisions people make out of free will are, often based on some kind of influence, either from personal preferences or external interference. It is for this reason that hard determinism best describes the concept of free will. Hard determinism, as described earlier, claims that free will is inexistence. This is true because while it affirms to the philosophy of determinism, it does not agree that it is compatible with free will. It is next to impossible for one to make a free will without determinism and at the same time carry the belief that determinism affects free will, as claimed by compatibilists. A case in point is a situation where one needs to be morally accountable. It is agreed that most institutions or nations have certain morally guiding principles. In such a situation, one is expected to choose from two options; the moral option or the immoral stand. In the case of libertarianism, one should not be held morally accountable if he or she chooses the ‘immoral’ option since it supports free will, devoid of external or internal influences. It is for this reason that hard determinism comes into place and justifies the need to act ‘morally’ since that choice is influenced by a deterministic factor. The application of hard determinism can be justified through creation of ethical standards to correct wrong doers in a society. If everyone had the free will to do anything that they deem logical, then criminal behavior and other vices in society could be justified. It is for this very same reason that there exist standards to regulate human behavior to ac t according certain prescribed code of conduct (Kim, et al, 2009 p 47). This means that no one has the free will, like in the case of libertarianism or Compatibilism, to

Project Management Review Coursework Example | Topics and Well Written Essays - 1250 words

Project Management Review - Coursework Example In other words, communication is the most significant element within any project. Project managers mainly use three communications channels namely upward channel, downward channel, and lateral channel in order to ensure effective communication at various levels. Since the project communication significantly affects employee performance, project mangers must ensure effective upward and downward communication in order to maintain a high-performance team working on the project. The process of project management mainly passes thorough eight distinct phases. The project management phases are team assembly, project initiation, project planning, project execution, project leadership, project monitoring and controlling, project presentation, and project conclusion. Communication is a vital component in all these eight project phases. However, the given scenario indicates only the project presentation phase. ... Therefore, resource scheduling may not be effective if the project manger is unskilled or inexperienced. In other words, a project manager’s competence would determine the flow of project development. Likewise, the resource scheduling program may not produce the intended results unless other project participants are really committed to the project. In the words of Kalton and Richards (2008), resource scheduling technology usually indicates procedures and software applications tools for planning and scheduling resources employed in a project. Therefore, improved technology’s deficiency may also reduce the scope of resource scheduling. In total, efficient and integrated operation of the project team is crucial for the successful completion of a project. 3. According to Gray and Larson (2005, p. 183), people, materials, equipment, and working capital are four types of resource constraints. It is obvious that people are an inevitable component in a project as this component determines the success or failure of a project to a large extent. For instance; programmers and mechanical engineers. Many project teams try to overcome labor constraints through internationalization as this process assists project teams to import foreign labor and to set up foreign subsidiaries that employ local staff from the host country. Similarly, material shortage has been attributed to the delay of many projects. It is also identified that equipment sometimes becomes a constraint to the project development. For instance, earth moving tractors. Lack of availability of equipments may result in project delay. Finally, lack of access to finance also adversely affects resource scheduling. If the availability of resources is extremely limited, the project management team would be forced to