...“Inflation: Everyone's illusion of wealth” The Indian Scenario A talk of inflation is inevitable. The term Inflation is no longer stranger to India and its people. Till the early nineties, Indians even used to two digit inflation rates. But, since the mid nineties, controlling inflation has become the priority for the policy makers. The current scenario of inflation in India is even worse. The current inflation rate for October 2011 is 9.39% and the average inflation rate for the year 2011 is 9.06%.The concern continues to remain clearly focused on inflation that is just not going away, despite the repeated rate increases. While inflation has been declining in primary products, there has been a small upward movement in recent months, and manufactured product’s WPI (Wholesale Price Index) as well as CPI(Consumer Price Index) shows consistent inflation persistence. R I A N T % E S Fig : Monthly inflation rate in 2011 Now what does an inflation mean? What are the causes of the inflation? And how does it affect the common man and the economy as a whole? In basic terms, Inflation is the sustained increase in the general price level of the goods and services in an economy. It basically decreases the value of the money and the purchasing power of the customers. It is usually measured by the Consumer Price Index (CPI).In India; however, it is measured using the wholesale price index (WPI). A condition when the prices...
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...High-Frequency Trading Peter Gomber, Björn Arndt, Marco Lutat, Tim Uhle Chair of Business Administration, especially e-Finance E-Finance Lab Prof. Dr. Peter Gomber Campus Westend • RuW P.O. Box 69 • D-60629 Frankfurt/Main Commissioned by Executive Summary High-frequency trading (HFT) has recently drawn massive public attention fuelled by the U.S. May 6, 2010 flash crash and the tremendous increases in trading volumes of HFT strategies. Indisputably, HFT is an important factor in markets that are driven by sophisticated technology on all layers of the trading value chain. However, discussions on this topic often lack sufficient and precise information. A remarkable gap between the results of academic research on HFT and its perceived impact on markets in the public, media and regulatory discussions can be observed. The research at hand aims to provide up-to-date background information on HFT. This includes definitions, drivers, strategies, academic research and current regulatory discussions. It analyzes HFT and thus contributes to the ongoing discussions by evaluating certain proposed regulatory measures, trying to offer new perspectives and deliver solution proposals. Our main results are: HFT is a technical means to implement established trading strategies. HFT is not a trading strategy as such but applies the latest technological advances in market access, market data access and order routing to maximize the returns of established trading strategies. Therefore...
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...FUENTES-RAYA NUPTIAL Evangelical Mission College Chapel, Countryside Bangkal Davao City December 18, 2013 3:00P.M. “Now that I Have You” “He who finds a wife finds what is good and receives favor from the Lord”. Officiating Minister: Rev. Allan T. Raya This wedding ceremony is special to me because the bride is my sister and the groom is my disciple. Let me remind everyone on the reason why we are here today. We want to celebrate with the couple as well as become a part of them in their special day. [Marriage was not invented by man, but instituted by God. It was divinely designed not only to be the basic building block of society, but also to provide an earthly analogy of spiritual truth.] I do hope that this ceremony will be a reminder to those who are married to bring back the spark of their intimacy as well as those who are single to be prompted on the value of right process. Above all the fascination and the grandeur of the ceremony let me bring you into the heart of worship as we ponder the word of God. He who finds a wife finds what is good and receives favor from the Lord. Proverb 18:22 Building a family is a pursuit of every individual and marriage is a pre-requisite to that. But before marriage there should be an attraction and commitment between two persons. In other words love precedes marriage. However, we Christians think in different perspective. Especially in our organization and church that emphasize the reformed persuasion. We re-count our...
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...Business Opportunity of Ship Breaking From Malaysia Submitted to Dr. Syed Ferhat Anwar Course Instructor International Business Environment (L301) Submitted by Group Eleven Ahamed Najeeb Rahman Tasnia Azim Choudhury Saifur Rahman Zahin Azad Moslem Abdullah Ar Rafee Section B BBA 20th Batch ZR74 RH76 ZR89 ZR121 ZR127 Institute of Business Administration University of Dhaka, Dhaka December 23, 2014 i December 23, 2014 Dr. Syed Ferhat Anwar Professor Institute of Business Administration University of Dhaka Dear Sir: Subject: Submission of Business Opportunity Strategy Paper It is an honor to submit a well-structured and comprehensive paper on “Business Opportunity of Ship Breaking from Malaysia” in due time. We have tried to follow your guidelines in every aspect of preparing this paper. Concentrating on the most relevant and logical areas to make the model coherent as well as feasible, has been key priority. We hope the Business Opportunity Strategy Paper charms your kind appreciation. Sincerely, Group 11 Ahamed Najeeb Rahman Tasnia Azim Choudhury Saifur Rahman Zahin Azad Moslem Abdullah Ar Rafee Section B, BBA 20th Batch IBA, University of Dhaka ZR74 RH76 ZR89 ZR121 ZR127 ii Table of Contents 1.0 Background ..................................................................................................................................... 1 2.0 Bangladesh: Country Overview .............................................................................
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...The Criminal Justice System, a system the British government set up to deal with the treatment of law-breakers, has three main goals to achieve social order, these are, (1) enforcing criminal law, (2) maintaining law and order in the society, and (3) helping victims. This may seem to be a well thought of system, but like any other organisation, there are flaws, and one of the major flaws is discrimination, and the bias that stems from discrimination. Discrimination on the basis of class, gender, sexuality and ethnicity operates at the level of attitude, on the street, in the home, at the workplace or at social venues. In regards to the Criminal Justice System, race and gender are always accounted for in court proceedings. As Smith in 1997 said, “the apparent ‘fairness’ of the criminal justice system does not mean that the outcomes will necessarily be unbiased”. Tonry in 1997 found that even though certain ethnic groups are far more often caught in the net of criminal justice than others, they have elevated rates of official offending which differ from one country to another. The major ethnic group in Britain and Wales being black people whose families originated from the Caribbean in the 1940’s. (cited in the Oxford Handbook). Black people find themselves subject to rules made for them by white people, it is also the same for other groups living in the same culture, e.g. it seems to be men that make the rules for the women in society, even though this seems to be changing...
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...Chapter 22 – Life in the Industrial Age. (1800-1914). (1) The Industrial Revolution Spreads. (2) The World of Cities. (3) Changing Attitudes and Values. (4) A New Culture. First Belgium. Factories. 1807. Daguerre Perfects. Photography. 1839. Darwin. Publishes. 1859. Wright Brothers. Fly. 1903. (1) The Industrial Revolution Spreads. Setting the Scene. The second Industrial Revolution is marked by the spread of industry, the development of new technologies, and the rise of big business. By 1880s, steel replaces steam as symbol. New Industrial Powers. In first Industrial Revolution Britain stands alone as world industrial giant. Britain tries to protect its lead through laws against export of inventions (or inventors). By mid-1880s, others challenge Britain dominance. In Europe. Elsewhere. 1807. Belgium becomes first European nation outside Britain to industrialize. British mechanic (William Cockerill) opens factories to make spinning, weaving machines. 1871. Germany unifies into powerful nation. Becomes Europe’s leading industrial power. 1900. USA emerges as world’s leading industrial power. Some nations in southern and eastern Europe (sans resources) are slower to industrialize. Japan industrializes rapidly after 1868 to become leading industrial power in Asia. Technology and Industry. In first Industrial Revolution inventions (like steam engine) are work of gifted tinkerers. In second Industrial Revolution professional chemists and engineers create new products. Early inventors...
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...The Hershey Chocolate Company Table of Contents Board of Directors 1 Introduction 2 Report 3 Financial Report Card 9 Annual Report Board of Directors Pamela Arway- Senior Advisor to Chairman and CEO of American Express Robert Cavanaugh- Managing Director of DLJ Real Estate Capital Partners Charles Davis- CEO of Stone Point Capital, LLC James Nevels- Director of Tasty Baking Company Thomas Ridge- President and CEO of Ridge Global, LLC David Shedlarz- Vice President of Pfizer, Inc David West- President and CEO of The Hershey Company Leroy Zimmerman- Senior Counsel of Eckert, Seamans, Cherin, And Mellott, LLC The Hershey Company The Hershey Chocolate Company is one of the leading producers of chocolate and confectionary products. Hershey produces such chocolates as: the Hershey Kiss, Hershey Chocolate Bar, Mounds, Almond Joy, Reese’s Peanut Butter Cups, Kit Kat, and York Peppermint Patty. In this report we will give you the company’s mission, the description, the background and history, highlights of major news events, the SWOTS, their marketing strategy, their commitment to social responsibility, and the financial report card. Business 100 Project Amanda Milgim Ava Winckler Hossai Rahimpur Karen Montoya The Hershey Chocolate Company When you think of Hershey what is the first thing that comes to mind? Chocolate right? Right! Hershey is one of the largest and oldest producers...
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...The Concept of the Outsider Literature often persecutes the most vulnerable, a person who lacks support and therefore power within society. Described by Terry Eagleton for The Guardian as the “literary mainstream”; these characters are often referred to as the Outsider due to their exclusion from the community in which the text is set. The characters who are referred to as Outsiders can be portrayed in different ways; their initial exclusion from society can ultimately lead to a narrative of their acquisition of power throughout the text but similarly, can portray a story of their maintenance of the minimal power they have over the course of the text’s plot. However, this is not to argue that some Outsiders presented within literature do not have power over the course of the development of the text so, as a consequence, remain excluded from the society. In this case, the text would then be considered an exposition of the character’s experience from their position in society rather than the author’s attempt of trying to integrate their character into society through their work. Furthermore, the author themselves may be considered an Outsider through their own status in society; they command their readers to be Outsiders themselves within the novel. As well as to read and observe the narrative in order to emulate the same feeling within themselves, within the reader or to have a specific impact on the issues surrounding humanity at the time. The contrast in the ways in which...
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...Table of Contents INTRODUCTION 1 MAIN BODY 2 RECOMMENDATIONS FOR CONFLICT TRANSFORMATION 7 CONCLUSION 9 BIBLIOGRAPHY 10 Introduction Over the last few years controversy surrounding Fracking has reached new levels. Fracking or hydraulic fracturing as it is also known as is the process where natural gas is extracted from layers of shale rock deep within the earth. Fluids are injected into the earth at high pressure which then creates new passages from which the gas is then extracted. The process of fracking has created controversy due to the fact that many believe the process has had a negative impact on the environment. Anti-fracking groups believe that the process in morally wrong due to the vast quantity of water which is required in order for fracking to take place while others believe that fracking is responsible for the increase in earth tremors. On the Other hand Pro-fracking groups believe that the claims regarding the negativity surrounding the dangers of Fracking are unfounded and the process is completely safe. The issue of fracking in the area has seen the emergence of groups with polarising points of view, those who believe that fracking will benefit the local region and those who believe that fracking will cause long lasting damage to the environment, local wildlife and the health and wellbeing of the local community. This essay will look at the historical context of the issue and the underlying causes of the conflict to date. The essay will also look at...
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...Apologetics Application Paper: FINAL Joseph R. Tapp APOL 500 B05 October 12, 2014 Introduction Throughout history the word of God has been spread many ways, by many different methods, some of which were brutal and ugly. Not all people grasped this word as it was spread. Some even started to believe that there was no God, or if there was, based on their observations he wasn’t a God they wanted to know. Such a group are those that call themselves Anti-theists. Anti-theists promote an ideology that denies the existence of God, any god, and that all religion is evil and not good for us. In this paper the anti-theist worldview will be examined to understand the worldview, its key attributes and why one might be so inclined to pursue such an ideology. The worldview will be compared to the Christian worldview, the purpose of which will be to refute the arguments of the anti-theists worldview and provide a basis for which the anti-theist can be presented with information that might enable them to have a change of heart/mind and begin their journey to acknowledging Christ with the hope of ultimately receiving him. Significant Elements of the Anti-Theist Worldview What is Anti-Theism? Anti (against) -theism is quite simply the opposition to theism, specifically to God or to a god. It is not just the opposition to the Christian God, the Creator, the God of Abraham, Isaac and Jacob, no, anti-theism...
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...Karl Marx (1818-83) grew up in Germany under the same conservative and oppressive conditions under which Kant and other German philosophers had to live. The Enlightenment had had some liberating effects on German life here and there, but most German principalities were still autocratic, and the idea of democracy was combated by all their rulers. The presence of police spies at major universities was a regular feature of German student life, and some students served long prison sentences for their political activism. As a law and philosophy student at the University of Berlin, Marx joined a political club that advocated political democracy. Very soon after receiving his doctorate, however, his ideas went beyond mere political reform. His future friend and collaborator Friedrich Engels introduced him to socialist and communist ideas, i. e., to ideas which progressed from mere political to social and economic reforms. For the rest of his life Marx dedicated himself to the project of radically restructuring modern industrial society along socialist and communist lines. In time he became the single most important theoretician and prominent leader of a growing international labor movement. Since Marx participated in the Revolution of 1848 as an influential newspaper editor (in a revolution that was defeated by the monarchists, and the defeat of which led scores of liberal Europeans to emigrate to the United States and elsewhere), he found it preferable to leave the stifling and backward...
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...THE VULGAR CHEF PRESENTS... ® EATCOOKBOOK LIKE S*HIT THE C HAPTER 1 Weclome to the book. S ECTION 1 Introduction ! Whats up mother fuckers? Welcome to the EAT LIKE SHIT COOKBOOK I’ve put together a fuck ton of shitty recipes...some new...some old...even a few healthy choices for you gym nazis and health food hardo’s. This isn't your typical Rachael fuckin’ Ray cookbook, this shit is way more legit. It’s so legit that a lot of the recipes don't even have measurements. Thats because the recipes suck and I want YOU to be your own Vulgar Chef. You call the shots in your kitchen. If I use six handfuls of bacon the fuck sprinkles, I want you to use 10. If I use bread....you use a sprinkled fuck doughnut. Ya dig? ! The instructions might be shot as fuck because I wrote this shit drunk as fuck with my hand in my pants. These recipes are here to inspire. I don't care what skill level of a cook/chef you are. Food shouldn't be boring and thats the fuckin message I’m sending with this bitch of a book. ! 2 ABOUT THE AUTHOR Kyle Marcoux was born and raised on the rugged as fuck streets of Western Massachusetts. As a child, his mother never let him have the laser back drop in his school photos...and that fucking sucked. He spent the majority of his teen years smoking pot out of sockets with his boys. Shortly after graduating High School, his band landed a record deal which led to full time touring of the US. This is where he developed a strong passion for shitty fucking value menu...
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...BIG BAZAAR A DETAILED ANALYSIS OF THE COMPANY FROM THE PERSPECTIVE OF ORGANIZATION THEORY GROUP D1PGP-1 SECTION -1 | NAME | ROLL NO. | Adesh D Nayak | 14F105 | Arjitha Sindhuri R | 14F114 | Gourish Y Bellad | 14F122 | Shilka Agarwal | 14F150 | Tony Joseph Fernandez | 14F160 | Table of Contents Serial No. | Topic | Page no. | 1. | Purpose of this paper | 3 | 2. | Brief Overview | 4 | 3. | Vision and Mission | 4 | 4. | Organizational Structure | 5 | 5. | Porter’s Five Forces Model | 7 | 6. | Organizational Strategy | 9 | 7. | Environment | 11 | 8. | Organizational Technology | 14 | 9. | Culture | 15 | 10 | References | 19 | | | | | | | Purpose of this paper: This paper is meant to demonstrate how retail industry in India applies the concepts of organization theory to real life organizational situations. Every organization, regardless of size uses these concepts to some degree because the foundation of the organization is built on these principles. In our report, we talk about Big Bazaar, the largest hypermarket chain in India. We would like to provide a detailed perspective into the organization theory aspects of Big Bazaar such as: * The Vision and Mission of the Big Bazaar: How it reflects through structure? * Organizational Context and Structure: Analyse the organization’s context and structure * Strategy: How would the company achieve its goals? * Environment: What is the nature of Environment?...
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...------------------------------------------------- Group Project Phase FOur The Beer Store Submitted By: Brandon Borrelli Submitted On: Jan 1st, 2012 Table of Contents THE BEER STORE CORPORATE OVERVIEW 1 The Beer Store History and Corporate Structure: 1 Industry and Regulations: 1 Company Mission and Values: 1 RETAIL STORE OVERVIEW 1 How the Retail Stores Function: 1 How 3260 is Operated: 1 Hiring and Work Culture: 1 Training: 1 Safety procedures: 1 Tasks of all Employees: 1 Management Specific Tasks: 1 Compensation and Benefits: 1 Evaluation and Incentives for Employees and Managers: 8 Exhibit 1 The Beer Store organization chart 1 Exhibit 2 Beverage Retail Outlets 1 Exhibit 3 Flow of Goods 1 Exhibit 4 Ontario System Chart 1 Exhibit 5 Contract between the Minister of Public Infrastructure Renewal and Brewer Retail Inc. (Section 1.15) 1 Exhibit 6 ODRP Sales, deposit value by container type and share of market (ODRP Packaging 2010-2011) 1 Exhibit 7 Deposit Return Schematic 1 Exhibit 8 Full Time Employees Salary 1 Exhibit 9 Part Time Employee Salaries 1 Exhibit 10 Employees Evaluation 1 Exhibit 11 Manage Performance Scorecard 1 Exhibit 12 Mission Statement and Values…………………………………………………….19 Exhibit 13 Interviewee Profiles………………………………………………………………...19 References 20 THE BEER STORE CORPORATE OVERVIEW The Beer Store History and Corporate Structure: The Beer Store came into effect in 1927 as a result of prohibition, the...
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...Breakout Strategy Meeting the Challenge of Double-Digit Growth Sydney Finkelstein Charles E. Harvey Thomas C. Lawton (McGraw-Hill, New York, 2006) Table of Contents Dedication Acknowledgements Table of Contents List of figures Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Breakout Strategy Getting on the Fast Track Staying out Front Breakout Dynamics Putting Vision to Work Being a Magnet Company Delivering the Promise Executing Breakout Breakout Leadership Appendix: case study companies Index List of Figures Figure 1.1 Figure 2.1 Figure 3.1 Figure 4.1 Figure 5.1 Figure 5.2 Figure 5.3 Figure 5.4 Figure 5.5 Figure 6.1 Figure 6.2 Figure 6.3 Figure 6.4 Figure 7.1 Figure 7.2 Figure 7.3 Figure 8.1 Figure 8.2 Figure 8.3 Figure 9.1 The Breakout Strategy Cycle Companies Getting on the Fast Track Companies Staying Out Front Types of Capital and the Capital Accumulation Process The Vision Wheel State Transition for Harley-Davidson: Organization State Transition for Harley-Davidson: Culture State Transition for Harley-Davidson: Relationships State Transition for Harley-Davidson: Markets The Six Pillars of a Value Proposition Leveraging up the Apple Value Proposition Reconciling Different Value Propositions Leveraging up Samsung Electronics’ Value Proposition Components of a Business Model Aligning the Business Model and Value Proposition Business Model Needs Analysis Delivering Strategy System Balance and Strategy Delivery at...
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