...Introduction The stock market is the most active financial market in the U.S., which includes more than 5000 securities companies, trade associations, the stock exchange, investment banks and other institutions. The stock market can be divided into two level. The primary market including corporation, government agency, and investment bank sells securities to initial buyers, in other words called securities issue. The secondary market resell securities which have been previously issued in primary market. Secondary market can be organized in two ways. One ways is to organize exchanges, “where buyers and sellers of securities (or their agents or brokers) meet in one central location to conduct trades.”(Mishkin Eakins) The other way is to have an over-the-counter (OTC) market. The participants in OTC market trade through telecommunications networks such as telephone, email, and electronic system without a regular location. One of the importance network is the National Association of Securities Dealers Automated Quotation System (NASDAQ). Beyond those, Electronic Communications Networks (ECNs) have been challenging both the organized exchanges and NASDAQ for years. ECNs is a large quantity of stock trading electronic network that connect brokerages and traders so that they can trade directly without intermediaries. There are tens of billions of dollars of stock trading in the market every day. The management of the stock market of U.S. government is to regulate the issue and trading...
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...changes and improvements in technology and the growth in globalisation, meaning that businesses are able to access new customers in more markets and expand along with existing customers gaining easier access to the company. This then leads to an increase in profits for the business. However it can also be a negative impact on some businesses with the use of high street stores and branches not being used as often and therefore lead to a decrease in profits because of the increased use of the internet. The use of comparison websites are becoming more and more used especially for car insurance companies, which reduces producer’s profits. Websites like gocompare.com, moneysupermarket.com and travelsupermarket.com are few examples of comparison websites used for the comparisons of holidays and insurance. These businesses let you fill in the needs and information you have, to then show you a variety of products and services to fit this request and then you are able to compare the prices of businesses to find out what the best one is for you. By doing this, consumers do not have to spend long periods of time filling their details in for each individual business and ringing up many of them. This will benefit the smaller firms who may offer cheaper insurance than the larger ones as they are being more recognized and appeal to more people through the comparison websites and even though larger firms spend a lot of time and put a lot of money into marketing and advertising their company they...
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...easier for customer. It helps customer to find the one that fits customers taste and budget - easily and quickly. It doesn't charge, the customer, anything. It is completely free. Background and Inception of the Company Polama is a holiday comparison site, founded by M D Ramaswami and Dilip Panicker and went live on December 21, 2010. M D Ramaswami and Dilip Panicker were classmates and alumni of IIT Madras. The passion of travelling decided them to come up with Polama and leverage their strong background to build an internet portal to make the process of searching for and comparing holiday option easier for users. It was analyzed that over 80 percent of Indians plan their holidays using the internet, since it saves them time and effort. 99% of those who purchase holidays compare multiple options before buying a holiday. The available options are typically found by searching the internet using Google, Yahoo or Bing. Finding the options, making enough sense out of them to compare is time-consuming and painstakingly difficult. About Polama Polama is the world’s first ‘holiday package’ comparison portal. A vital tool for holiday search, it provides access to more than 3000 holiday destinations worldwide and features comparison of holiday choices from several holiday providers like MakeMyTrip, Yatra, Travel Tours, SOTC, TravelPort, etc. Currently targets...
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...are affected most by comparison shopping on mobile platforms? Explain. 1. All stages can be considered affected less or more. In my opinion, most affected stages are: Internal information gathering – eBay application provides consumer with basic information like brand name, color, price, size, location, shipping cost, etc. After comparing this information consumer supposedly will make a rough choice to get more info or refine search by certain criteria. Evaluation of alternatives – is the most affected and difficult stage for consumer. At this point all options needs to be compared: one seller can be more competitive pricewise but shipping will take longer time due to location of the product, another has a better feedback and accepts every known method of payment but has lower amount of days after product will be accepted back or do not accept returns, etc. Purchase of product also can be considered as affected stage. Before actual payment, some sellers can only ask for desired quantity and get consumer directly to the payment page but some can ask for available coupons or gift cards. However, I think this stage has very limited possibilities compared to full site version. 2. Based on the goal expressed by Steve Yancovich, which stage of the consumer decision-making process is eBay trying to influence? How are they doing so? 2. I think eBay trying to influence need recognition stage. Company created a mobile application with a lot of comparison options allowing users...
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...goals. He also says that that they are established before 1950’s. , well admired by knowledgeable people, have gone through multiple product or service life cycles. I completely agree that a visionary company has to have clear goals and the ability to sustain them. But it is not necessary that it should be established before 1950. There are visionary companies that established after 1950. For example Reliance Industries, It was founded in 1966 and is listed among top fortune 500 list of world’s biggest companies in terms of revenue, In other words visionary companies need not be very old companies, It may established in after 1950 also. They have listed 18 companies which were established before 1950 and compared them with comparison companies. Many of the comparison companies were solid performers. They...
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...about? a. What is the figure in the upper section? New map of the world, countries sized by facebook population Pros: 1. Showing facebook population compared with each country geographical location. 2. Color division by continent makes easy to understand Cons: 1.Not easy to compare facebook population ratio with actual population 2. Not easy to recognize each square because of overlap b. What is the figure in the lower section? % residents who use facebook versus actual population, size represents facebook population Pros: 1. Easy to compare facebook population ratio with actual population 2. Overlap problem solved. I guess compared two individual variables 3. Easy comparison by Facebook user and Actual population average. 4. Continental comparison according to menu - “click to highlight”. It is astonishing to realize that only 5.20% of India Population who use Facebook. Although India is one of the IT strength countries. I didn’t hear about small countries like Cyprus and Montenegro. However there is high Facebook population ratio like 51.19% and 46.59% for each 2. If the CEO of Facebook ask you to improve this chart, what kind of chart will you suggest? (You don't need to draw. Just give us 1 example (or link, if any). I would like to suggest “Age Stratified Sampling”. Searching on google, I found high facebook population ratio (76%) in young generation (age 18~34) although the ratio (5.20%) is low in actual population, 2012. I like...
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...parallel sides – Test & Prod are setup & Test Cases executed by firing the same one after the another & results stored. A large number of Regression Automation Tools are available in market like, QTP, Selenium, WATIR etc, to cover this up. Contrary to this very less work is available & very less has been thought about the Comparison phase wherein Test Results thus generated have to be compared to produce a summary report for QA Testers to analyze which they can further categorize into Expected & Unexpected Breaks & then reach out to Development for investigation & thus complete the end-to-end life cycle of Regression Testing. With advent of IT and shift of focus toward Financial Banks & Institutions, a need is felt to have some faster & feasible way to compare records with high volume. That is the starting point for this paper under which an Automation Framework for Comparison Phase of Regression Testing is built in Perl, that could easily cover records of any volume. Use of Industry Compliant Methodology, named Best Match, made the framework even more flexible for scenarios having duplicate records on either of the two parallel sides. Best practice Data Structures like Hash are being used in the implementation that have fasten up the parsing & key pattern filtering, hence lowering down the overall comparison & summary generation time. Use of programming language Perl has made the framework platform or operating system independent as the implementation code can easily be run on any OS...
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...process are affected most by comparison shopping on mobile platforms? Explain. 1. All stages can be considered affected less or more. In my opinion, most affected stages are: Internal information gathering – eBay application provides consumer with basic information like brand name, color, price, size, location, shipping cost, etc. After comparing this information consumer supposedly will make a rough choice to get more info or refine search by certain criteria. Evaluation of alternatives – is the most affected and difficult stage for consumer. At this point all options needs to be compared: one seller can be more competitive pricewise but shipping will take longer time due to location of the product, another has a better feedback and accepts every known method of payment but has lower amount of days after product will be accepted back or do not accept returns, etc. Purchase of product also can be considered as affected stage. Before actual payment, some sellers can only ask for desired quantity and get consumer directly to the payment page but some can ask for available coupons or gift cards. However, I think this stage has very limited possibilities compared to full site version. 2. Based on the goal expressed by Steve Yancovich, which stage of the consumer decision-making process is eBay trying to influence? How are they doing so? 2. I think eBay trying to influence need recognition stage. Company created a mobile application with a lot of comparison options allowing users to...
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...o-ifrs-may-mean-for-investors/#ixzz1t7Fuj1U9 The convergence between IFRS and GAAP has been a hot topic in the world of accounting. From defining the difference between adoption and convergence, when should the US adopt to IFRS, how should the US do it, what’s the impact for public company and private company, and the list go on and on. This article in Fox Business discusses the impact of IFRS and GAAP convergence specifically to investors. The author first discuss about how important convergence of IFRS and GAAP is to the US. Knowing how the global market is a very dynamic market nowadays with companies and firms merging, expanding and investing globally across the world, having a standard financial reporting system would be beneficial not to just investors but to all aspect of people analyzing the business plan. The SEC is working on issue a standard of procedure of educating US companies about the comparison between GAAP and IFRS along with how some foreign companies have used IFRS with SEC filings. The second part of the article discussed some issues that investors and business analyst might find in dealing with IFRS. First is the flexibility of IFRS standards compare to a strict rule of GAAP standards. The article quoted from Charles Mulford, a professor at Georgia Tech’s School of Business and Director of the Financial Reporting and Analysis Lab, “There is much flexibility in IFRS standards. I think investors would have a hard time comparing results across companies...
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...UOPX Material Comparative Data Resource: Ch. 14 of Health Care Finance Complete the following table by writing detailed responses to the questions. Provide examples where indicated. Cite the sources in the text and list them in the last box of the table. References are required. |What criterion must be met |The 3 requirements are persistence, confirmation, and system measurement. | |for true comparability? | | | |Persistence is when assessing data it should remain consistent to make sure that the data being analyzed is completed so by the same list of principles. | | | | | |Confirmation is significant, all data must be confirmed. All data organized regardless of whom it can be confirmed by anybody because everybody is using the same group of principles. When | | |the work is being gone through by someone else they must all create...
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...Weak form Efficiency and Calendar Anomalies: Comparison between Developed and Developing Equity Markets Syed Zulfiqar Ali Shah Assistant Professor-Finance, Department of Business Administration Faculty of Management Sciences, International Islamic University Islamabad E-mail: zulfiqar.shah@gmail.com Muhammad Husnain Ph.D Scholar (Finance) Mohammad Ali Jinnah University Islamabad Email: Husnain_ctn@yahoo.com Abstract Financial economists have continuously questioned the efficient market hypothesis especially in last decade. Major part of discussion is whether the equity markets are efficient and if not then up to what extent one can forecast the meaningful future movement of equity prices. On one side there are believers of random walk and contrary there are followers of chartist theories. Those who negate the random walk suggested that there exist anomalies in the equity markets and hence are not perfectly efficient. The major objective of this study is to check the weak form of efficiency and presence of calendar anomalies in equity markets of developing and developed countries. On the basis of most recent and relatively longer horizon (14 Year) data on daily basis and a range of powerful econometrics this study suggested that in broader sense both of developed and developing equity markets are weak form inefficient. Hence there is no remarkable difference in term of market efficiency in equity markets of developed and developing countries. Hence one can reject the random walk...
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...Sister Flowers / Someone’s Mother In this essay we will discuss the comparison and contrast of two stories, Sister Flowers and Someone’s Mother. One of the easiest comparisons is that both of these stories were written in the first person by the authors. In Sister Flowers the author tells a tale of the struggle she had dealing with a traumatic event. In the same way, Someone’s Mother tells of the struggle the author had in leaving an elderly woman lost and alone. Also, both stories show a person’s genuine concern to help someone in need. Sister Flowers deals with a woman helping a child to find her voice in life. Likewise, Someone’s Mother shares the story of a woman who helps a hitchhiker who has seemed to have lost her way. Though both stories showed similarities they also were different in many ways. One of the ways in which the two stories contrast is that both took place in different parts of the country and in different eras. Sister Flowers is set in Arkansas in around the 30’s; however, Someone’s Mother was further north in New York and took place in 2007. Another difference between the stories was they both had different agendas. Someone’s Mother was more of a story dealing with the characters compassion. In Sister Flowers you felt the story leaning more towards the inner struggle of the character. In conclusion, you can see that there are many similarities as well as differences in these stories. Both were thoroughly enjoyable and should be recommended for all to...
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...the opportunity to search for the product they want through endless avenues. Online shopping has grown so large that many companies are not investing in buildings and mall space, rather in online websites and web advertising. Through this paper I will discuss the reasons why shopping online is a better alternative to traditional shopping. The first benefit of online shopping is the convenience. While others are out fighting traffic and waiting in lines, online shoppers are home relaxing. Online shoppers can go from store to store with a flick of a mouse, while traditional shoppers have to walk, drive or can’t get to the stores they want. Online shoppers also benefit when it comes to comparison shopping. Traditional shoppers have to put a lot of work into comparison shopping. They have to drive from place to place find items and price and go onto the next place. This can be exhausting and stressful. The online shopper can do this from his or her couch. Online shoppers can search the planet for the product they are looking for, while traditional shoppers are limited to a small area. When it comes to seeing, touching, and trying out a new product, there is no substitute for actually going to the mall and examining the item in person. You cannot always tell what the merchandise is really like by seeing a picture of it on the Web. The color may be somewhat different online than it appears in real life. The exact size and proper fit may be critical when...
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...Over a certain period of time I will be studying a child under the age of 5. I will be visiting the child every 2 weeks for a couple of weeks to see how they physically develop. I will be looking at their gross and fine motor skills of the child. Every visit I will be doing something new like painting, playing catch or going to the park etc. I will look at her normal routines of her everyday life. I will take pictures and collect information from every visit so I can use it as evidence. Every visit I will be looking at their height, weight and teeth to see how they develop over the period of time. After I have done all the visits I will go over what I have done and evaluate what I have found out and compare them to an average child the same age as them and see if they are developing quicker or slower to an average child. The method I will be using to collect my information will include the internet to look at the norms, books and during the visits while I will be observing the child. In the visits I will make it fun by putting fun activites for the child to so I can work on their fine and gross motor skills to see how they are improving every visit. With the information I collect I will be evaluating after all my visits and seeing how the child has improved over a couple of months. I will aslo be comparing the child to the norms that I have found from the internet and...
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...things: two texts, two theories, two historical figures, two scientific processes, and so on. "Classic" compare-and-contrast papers, in which you weight A and B equally, may be about two similar things that have crucial differences (two pesticides with different effects on the environment) or two similar things that have crucial differences, yet turn out to have surprising commonalities (two politicians with vastly different world views who voice unexpectedly similar perspectives on sexual harassment). In the "lens" (or "keyhole") comparison, in which you weight A less heavily than B, you use A as a lens through which to view B. Just as looking through a pair of glasses changes the way you see an object, using A as a framework for understanding B changes the way you see B. Lens comparisons are useful for illuminating, critiquing, or challenging the stability of a thing that, before the analysis, seemed perfectly understood. Often, lens comparisons take time into account: earlier texts, events, or historical figures may illuminate later ones, and vice versa. Faced with a daunting list of seemingly unrelated similarities and differences, you may feel confused about how to construct a paper that isn't just a mechanical exercise in which you first state all the features that A and B have in common, and then state all the ways in which A and B are different. Predictably, the thesis of such a paper is usually an assertion that A and B are very similar yet not so similar after all...
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