Analysis of Marks and Spencer Group PLC

Examination of Marks and Spencer Group PLC The essential exercises of the organization are retailing attire, food and home items. Imprints Spencer works in the optional and tertiary areas. It works in the auxiliary area as it makes completed merchandise and it is related with material creation. It works significantly in the tertiary part as it gives products and enterprises to the populace and to different organizations. A gathering of organizations is one which comprises of at least two organizations between which there is a parent/auxiliary relationship and they are for the most part under a similar possession and perhaps the executives. The gathering monetary record will contrast from that of the organization since it incorporates the aggregate of every individual organization asset report of the considerable number of organizations together us one contrasted with the organization accounting report which incorporates all the exchanges of the organization. I) all out resources  £7258.1 millions all out liabilities  £5157.5 millions net resources  £2100.6 millions ii) The distinction between the absolute resources and the all out liabilities is the net resources which can be additionally called as the gatherings capital. At the point when you include the fixed resources with the current resources and afterward take away the current liabilities from the Balance sheet, the complete that you record is called Net Assets. I) benefit after duty (52 weeks finished 28 March 2009)  £506.8 millions (52 weeks finished 29 March 2008)  £821.0 millions Net revenue 2009 5.6% 2008 9.1% ii) The net revenue has altogether fell in view of the excellent expenses brought about to the firm during the current bookkeeping time frame because of the financial downturn that influenced significantly the business sectors MS works in. The firm needed to burn through  £135.9 millions on extraordinary expenses, because of an adjustment in its methodologies, contrasted with 2008 when it had no outstanding expenses. I) MS utilizes straight line strategy which is a technique that allots the sum to be devalued equitably over the helpful existence of the benefit. Some of MSs employments of deterioration are the accompanying: Freehold land not deteriorated Freehold and leasehold structures with an outstanding lease term more than 50 years devalued to their leftover incentive over their evaluated staying monetary lives Leasehold structures with a residual rent term of under 50 years over the rest of the time of the rent Installations, fittings and gear 3 to 25 years as indicated by the assessed life of the benefit. ii) The straight-line technique for deterioration is a strategy that allots the sum to be devalued uniformly over the valuable existence of the benefit. For instance for something with an all out expense of  £500 and an expected helpful existence of 5 years, utilizing the straight-line technique, the yearly devaluation charge will be  £100. Then again the decreasing equalization strategy is the technique wherein the deterioration is communicated as a fixed rate on the lessening parity of a benefit. In easier words the measure of deterioration gets decreased each year. For an advantage of an all out expense of  £500, utilizing the lessening balance strategy by 20%,it implies that the estimation of the benefit will diminish 20% of its worth every year. After year 1, the net book worth will be  £400 and afterward for the following year the worth will drop to  £320, etc. iii) Property, Plant and Equipment as at 29/3/2009  £4.834.0 millions (a)  £725.1 millions straight line deterioration (b)  £1450.2 millions lessening balance deterioration iv) By utilizing the straight-line technique for deterioration the announced benefit of the gathering will be decreased by about  £400 million as devaluation is set under the costs class in the salary articulation and it will likewise be deducted from the advantages current incentive to be determined sheet. Then again, by utilizing the 30% diminishing equalization technique, benefit will diminish significantly more and the advantages an incentive on the accounting report will be decreased considerably more. The more deterioration they charge the less net benefit they get for the current time frame. I)  £285.2 millions ii)1371.9/365=3.76 millions/day 285.2/3.76㠢†°Ã«â€ 76 days worth of deals. iii) The proportion of exchange indebted individuals and clients to deals is about 20%. This appears to be very high however for such a huge organization like Marks and Spencer, which produces such a lot of money from tasks (deals), isn't a very remarkable concern. Anyway it would be better for the organization to attempt to limit this proportion in the following years. Stewardship bookkeeping is the arrangement of data by administrators to proprietors to maintain a strategic distance from a possible clash among chiefs and proprietors. Chiefs go about as operators of the investors, or as stewards for their benefit. The stewardship work expects executives to act to the greatest advantage of the organization consistently. Where investors are remote from the administration of their organization there is potential for the chiefs to make a move that benefits themselves as opposed to profiting the investors. This is one of the possible issues of the stewardship relationship. On the off chance that executives wish to control money related data they are all around set to do as such. Investors can be guaranteed that the yearly budgetary data they get has not been misshaped by requiring a review by a free examiner. As of not long ago all organizations were required to have a review of their yearly budget summaries. I) current Ratio= Current Assets/Current Liabilities = 1389.8/2306.9= 0.60:1 Speedy Ratio= (Current Assets-Stock and prepayments)/Current liabilities = (1389.8-536.0)/2306.9=0.37:1 ii) The current proportion and the speedy proportion are both liquidity proportions. They are usually used to evaluate the liquidity of a business. When in doubt, a current proportion of 1.5 or more prominent can meet close term working needs adequately. A higher current proportion can propose that an organization is accumulating resources as opposed to utilizing them to develop the business not the most noticeably awful thing on the planet, yet its something that could influence long haul returns. The Quick Ratio is a considerably more demanding measure than the Current Ratio. By barring inventories, it focuses on the extremely fluid resources, with esteem that is genuinely sure. A basic analysis of 1:1 is viewed as acceptable except if most of your brisk resources are in records of sales, and the example of records receivable assortment falls behind the calendar for paying current liabilities. i)There are numerous components that decide the offer costs however just a few elements can straightforwardly impact them. One of these components is request and flexibly. The cost is straightforwardly influenced by the pattern of financial exchange exchanging. At the point when more individuals are purchasing a specific stock, the cost increments and when more individuals are selling the stock, the value falls. Besides news is an immense factor that impacts the offers cost. Positive news about an organization can build purchasing enthusiasm for the market while negative news can diminish it. It is the general execution of the organization that issues more than news. The winning per share is the benefit that the organization made on the last quarter and it is likewise an enormous factor that can influence the offer costs. Each open organization needs to distribute a quarterly report that expresses the winning per share. By along these lines they impact the purchasing propensity in the market bringing about the expansion in the cost of that specific offer. In this way, one needs to watch on the quarterly reports of the organizations and before purchasing any offers. ii) MarksSpencer Share costs My assessment of Marks and Spencers execution up to this point for this current bookkeeping period is sure. As a matter of first importance the organization utilizes a drawn out arrangement and any transient abatements in incomes or benefits is satisfactory. The overall revenue proportion has expanded in 2009 from 13.43% to 23.45% so regardless of the downturn MS figured out how to build its net revenue. Then again the procuring per share has diminished for 2009 from  £0.49 to  £0.32 per share. Despite the fact that the net revenue has expanded the acquiring per share has diminished and that isn't certain for us speculators. The firm may have a drawn out arrangement that is undoubtedly encouraging yet so far this season we financial specialists are worried about the impact of the downturn on the firm and all the more explicitly on our profit per share.

The Best Way to Buy College Research Paper

The Best Way to Buy College Research PaperThe main thing to remember when you are thinking about writing a college research paper is that it should be a reflection of your interests and abilities. Being able to write a good paper on a topic does not mean that you have to write something that is full of academic jargon and fancy English words. However, there are many examples in our life where we can see people who have excelled in all areas of life yet not have any idea what they actually meant by their ideas.If you want to be able to write your own research paper then you need to give yourself a boost in the areas where you are weak. For example, if you are a writer you might want to start writing because you know how hard it is to get published.Writing and editing is something that we all do when we are trying to make a better piece of work. As a writer you will want to try to incorporate your own research into your writing. This is not always possible as there are rules of grammar and usage that you have to follow but if you try to do this then it will help you to write a paper that has something to do with you and what you know.In fact you may find that writing a college research paper has a lot more to do with your learning interests and abilities than anything else. It could also be the case that you just have a specific idea and knowledge in the subject area you are writing about. Whatever the case may be it is important that you think about how you will become informed and see your understanding of the topic being written about as your main focus.The way that you go about this can either be to find someone who can write for you or to write the college research paper yourself. Of course you will need to be very clear about what you want the paper to do for you. If you want your paper to be read by people then you might want to write about the kind of things that interest most people.If you do not like your topic then you might want to write a paper about something you really care about. The idea is that you are trying to make sure that you capture the reader's attention.The only way that you will be able to write a good research paper is if you have enough information to back up what you are saying. If you can not explain the research very clearly then it will be impossible for you to get through your paper.This is where an outline will come in very useful as it will enable you to plan out the topics that you want to cover in your college research paper. There are many different ways that you can use to prepare an outline that will help you have a list of topics that you need to cover in your college research paper.

Who Moved My Cheese

List of chapters Book Summary Lessons Learnt Conclusion Work Cited Change is unavoidable and Spencer Johnson knew this very well when he composed Who Moved My Cheese. This short emotional story tends to change in life investigating how one could deal with it, in work place and in everyday life also. Positive change comes when one can detect, expect, and adjust to it by reacting fittingly through activity. In the wake of executing every one of these measures, change gets pleasant and life all the more fascinating, with better outcomes in work and in life.Advertising We will compose a custom article test on Who Moved My Cheese explicitly for you for just $16.05 $11/page Learn More Of every other thing throughout everyday life, change is the main steady thing and by figuring out how to adjust to and appreciate it, life quits being a riddle and becomes one agreeable experience. With full information on these realities about change, Spencer composed Who Moved My Cheese from individual exp erience to help other people acknowledge and receive change throughout everyday life. Setting down procedures in taking care of progress is of pith in this book. Book Summary The book opens by expressing the four significant characters, Scurry and Sniff, the two mice and Haw and Hem, the two little individuals. â€Å"Sniff†¦sniffs out change early, Scurry†¦scurries without hesitation, Hem†¦denies and opposes change as he fears it will prompt something more regrettable, Haw†¦learns to adjust in time when he sees changing can prompt something better!† (Spencer 1). Into the plot, Spencer includes a labyrinth, which speaks to the work place or where individuals search for the things they want and a cheddar; a similitude for the things that individuals search for in life like food, wellbeing, riches among others. Having set up this, the story begins. The two mice and the two little individuals live in a labyrinth where, each morning they rush to Cheese Station C and get enough cheddar for everyone’s needs. With time, vanity sets in and Hem and Haw begin underestimating their cheddar. Luckily, Sniff and Scurry are ever genuine with their cheddar and they continue researching its source to see whether the gracefully is lessening. At some point, these characters rush to Cheese Station C just to discover the cheddar is no more. Run and Sniff, being little animals drained of knowledge and thinking, are not astounded by the nonappearance of the cheddar. They search for another cheddar elsewhere in the labyrinth. Be that as it may, Hem and Haw utilize their knowledge to figure out who may have moved their cheddar. They can't acknowledge the cheddar is gone so they wind up squandering numerous days gazing at void Cheese Station C. at the end of the day, the two little individuals with their insight can't acknowledge and embrace to change effectively, while the two mice notice the change, adjust to it and proceeded onward to discover new ch eese.Advertising Looking for exposition on american writing? How about we check whether we can support you! Get your first paper with 15% OFF Learn More After numerous long stretches of remaining at void Cheese Station C, Haw chooses to leave and search of another wellspring of cheddar. Notwithstanding, he considers leaving Cheese Station C enticing, particularly in the wake of tuning in to rather negative Hem, who sees it unsafe to leave Cheese Station C. Therefore, Haw chooses to join Hem in remaining at Station C wishing and hanging tight for a wonderful return of their lost cheddar. At last, Haw gets the possibility that, on the off chance that they don't accomplish something, they will die; in this way, he chooses to move looking for another cheddar. For at some point, he feels lost yet after numerous long periods of perseverance, he begins resting easy thinking about his endeavors despite the fact that he has not gotten new cheddar yet. He is persuaded that, envisioning that h e has another cheddar will lead him to one and this is actually what occurs; he finds another cheddar station, which is practically vacant. In spite of this disaster, Haw learns an exercise. Remaining for long at Cheese Station C makes Haw miss the following cheddar flexibly. He finishes up, â€Å"The speedy you let go of old cheddar, the sooner you find new cheese† (Spencer 17). From a caring heart, Haw returns to Cheese Station C with some new cheddar to recharge Hem. Sadly, Hem is still trying to claim ignorance and he declines Haw’s offer of another cheddar; he keeps up that he needs his cheddar back. Stitch keeps up, â€Å"I need my own Cheese back and I’m not going to change until I get what I want† (Spencer 17). In the wake of acknowledging, he can't convince Hem to leave Station C and quest for new cheddar, Haw leaves and proceeds with his quest for new cheddar supplies. In his undertakings, Haw acknowledges change isn't awful all things considere d; thusly, he embraces the adage, â€Å"when you change what you accept, you change what you do† (Spencer 18). In this way, to begin with, Haw changes the manner in which he accepts and composes on a stone, â€Å"Old convictions, don't lead you to new cheese† (Spencer 18). Inside no time, Haw understands his new reasoning example is delivering new helpful practices. Significantly, he notes he no longer returns to any of the stations without cheddar; rather, he look through the labyrinth to discover new cheddar stacked stations. At long last, his inspirational disposition repays as he comes to Cheese Station N. To Haw’s shock, Scurry and Sniff are as of now in Cheese Station N. Haw watches Sniff and Scurry have developed fat creation him finish up they have been around this cheddar station for at some point. Regardless of the time he squandered along the way, Haw is appreciative he has learnt imperative lessons.Advertising We will compose a custom article test on Who Moved My Cheese explicitly for you for just $16.05 $11/page Learn More To play it safe, he applies his new exercises day by day. In the first place, he examines Cheese station N each morning to see any adjustments in gracefully. Furthermore, he investigates the entire labyrinth to check whether there are different wellsprings of cheddar gracefully incase flexibly at Cheese Station N runs out. As the story closes, Haw hears a sound and just expectations Hem has at last loosened up from his negative attitude to discover Cheese Station N. Exercises Learnt various exercises come out unmistakably in this story. The significant activity when change coaxes is to recognize it and make positive move that line up the change to work for one’s advantage. Denying change will prompt termination or unremarkableness; an inefficient life described with ordinariness, bereft of experiences and excites. The individuals who take after Sniff and Scurry in today’s world harvest huge fro m change; the individuals who take after Haw advantage albeit after a long battle while the individuals who take after Hem stay encompassed by dread of the obscure. The key principle in the labyrinth such is reality is to recognize and make a move towards using change that comes one’s way. Be that as it may, activities without an appropriate usage system may prompt burning through a great deal of time in the labyrinth for reasons unknown. Sniff and Scurry, â€Å"had saw the gracefully of cheddar had been getting littler consistently, they were set up for the inescapable and knew instinctually what to do† (Spencer 8). The readiness that Scurry and Sniff had, represents the technique that individuals ought to have in life to counter change. The two mice would research the cheddar ordinarily to take note of any adjustments in flexibly. In like manner, individuals should see any little changes and plan on the best way to counter the equivalent. Also, amidst transform, one needs to keep up an uplifting demeanor. For Haw, he understands, â€Å"Imagining myself getting a charge out of the cheddar even before I discover it lead me to it† (Spencer 17). One needs to set objectives and afterward adjust his/her contemplations towards the positive acknowledgment of those objectives. As the familiar adage attests, ‘as a man thinks so he is’, considering having accomplished the define objectives will prompt their acknowledgment. Positive adjustment of progress expects one to forsake dread and vanity. Much the same as Haw, it may appear to be difficult to leave what one is utilized to; in any case, experience directs that, without leaving the coastline one will never find new seas. Disregarding the realities doesn't transform them; in this manner, it is useful for individuals to acknowledge change since change is unavoidable. End The familiar aphorism affirms that, ‘change is the main steady thing’; thusly, adjusting and getting a charge out of progress over and over is the best activity. Spencer composed Who Moved My Cheese to represent the impacts of denying change or tolerating it. Recognizing, planning for, following up on, and getting a charge out of progress, underlines Spencer’s work. The ‘Hems’ of today ought to gain from and copy the ‘Sniffs’ and ‘Scurrys’ to stay away from termination or mediocrity.Advertising Searching for paper on american writing? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Work Cited Spencer, Johnson. Who Moved My Cheese?. N.d. Web. This article on Who Moved My Cheese was composed and put together by client J0s1ahX to help you with your own examinations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; nonetheless, you should refer to it as needs be. You can give your paper here.

Tips and tricks for juggling the demands of an Executive MBA

A key question for professionals considering an Executive MBA is whether they will be able to fit the course demands into an already busy life. We spoke to four former graduate Executive MBA students for their advice on balancing the program requirements with a full-time job and busy personal lives. Frank Miller is Global Head of Unified Communication Connectivity Practice at Vodafone. When he started his Hult Executive MBA, he was Global CTO for Huawei. He balanced his Executive MBA with a demanding global role. Fadzai Marange is Program Manager at NGO Right To Care. When she started the EMBA she was managing a Pathology Hub for Nuffield Health. As a single mother of two teenagers, Fadzai not only successfully graduated from Hult London but was also voted Class Speaker and set up a social enterprise app alongside an alumni team in Brazil. Mike Smollan is Chief Growth Innovation Officer at Smollan – a family run business focused on retail and brand solutions. He balanced his EMBA with running the business, which has 13,000 employees in China, a new baby, and family life. Monica Murielis an entrepreneur and mother of two. Monica started Zurita, a slow fashion business, with two of her Hult classmates whilst completing the EMBA and juggling family life. What is the workload of the Hult EMBA actually like? Fadazai: Having recently completed a masters with another well-known university in London, I found the workload of the Hult EMBA heavier – but very manageable. Along with my full-time job I have two teenagers, so I had to be organized. However, it was certainly possible to complete the EMBA alongside all my other responsibilities. The demands were based around the amount of assignments we had to do. We had to complete pre-course assignments these were great at ensuring you had reviewed the preparatory materials for the course. I would try to read at least one article per night to split the load evenly. During the long weekends on campus we would need to complete a group assignment. Wed probe and challenge the material, and bring it to life through practical activities. The days were long and intense, but very rewarding. After the weekend session, we had to complete a post-course assignment within two weeks. Each module came with about 10-15 Harvardbusinessreview articles and a few reference textbooks. If you wanted to enjoy and get the most out of the module it was best to read through the majority if not all of the resources. Apply now Were the demands of the EMBA what you expected? Fadzai: Yes, the demands were what I expected. Before starting the course Id attended some taster sessions and interacted with alumni. It was clear to me that the course was going to be demanding. I was expecting it to be a huge challenge as well because I was from a science background and not a business background. Frank: The demands were high and entering a world-class EMBA program is not easy. You will find yourself picking up the pace to retune your academic writing skills and critical thinking outside of your executive specialty. You’ll find the program invigorating–not only because of what you learn, but also because of your peers, from cultures across the globe. Get ready to sharpen your mind! Mike: I was expecting to be more overwhelmed than I was. Some courses were lighter than others and as the program was based on case studies rather than mindless textbook reading, I found it interesting and easy to stay motivated. I was meticulous about scheduling time to work on it and was very diligent about making sure that I digested the work in small manageable chunks. I had to make it work with my busy schedule, so for example, I have to travel a lot with my work and I used my time on planes to get the pre- and post-work done. Monica: At first I found it surprising. Slowly I had to start de-prioritizing other interests in my life, to find balance. I was lucky as my family and friends were also very supportive. And our cohort had such a great vibe it was a stimulating environment to learn in. This made it feel easy. You look forward to it and leave every weekend feeling energized. What advice would you give to future EMBA students on how to best prepare for the demands of the EMBA? Frank: Create an effective schedule. F: You must be organized and compartmentalized to fit everything into your work/life mix.There is definitely time to do the course and still maintain a good work, life, and school balance.Make sure you look at the work well in advance and plan your schedule well. Mike: Do the pre- and post-work as soon as possible. M: Life is busy. Family is busy. Don’t assume you’ll have time to get things done when you think you will. Do the pre- and post- work as soon as possible. It’ll allow you to manage the course itself. The more you put into the pre-work the more you will get from the course itself and the weekend group work. And in turn, the more you get from the course, the more rewarding and life-changing you will find it. Fadzai: Break up the work into smaller manageable chunks. F: Ensure you focus on time management. Youll get help on this along the way. Do small chunks of any pre- or post-work rather than try to do everything last minute, which will result in unnecessary pressure on you. Bear in mind the cost of the course its not just about getting the best grades; its about getting an output that adds value to your life. Fadzai: Create contingency in your schedule. F: I made it a rule that all my assignments would be submitted latest by Thursday midnight, even though they were due on Sunday. This principle enabled me to deal with unforeseencircumstances. For example, when my son got admitted to hospital with appendicitis on a Monday. I had my assignmentfor Global Operations due that Sunday. But Id already completed 80% of it and I still managed to complete it on time. Even though I stayed in hospital for three days and nights. Monica: Fully commit to the program. M: The course is only two years long. Be as engaged as you can and focus on it as much as you can. Make sure you get the most out of it. The time passes very fast and I truly miss it. Go for your goals. Apply by December 19th More like this Kavita Naik: Finding clarity through my Global One-Year MBA Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

Victor Frankenstein - 1738 Words

Question #7- What difficult circumstances is Walton encountering when he meets Victor Frankenstein? In the letters that Robert Walton sent to his sisters, there is legit evidence that he was encountering difficult circumstances when he met Victor Frankenstein. When Waltons vessel was sailing to the Northern Pole they encountered heavy fog and lots of ice. Waltons exact words were, ...we were nearly surrounded by ice (8). and he also exclaimed, ...we were compassed round by a very thick fog (8). Also, while they were trapped in the ice surrounding them, they saw a gigantic figure going on along the ice which befuddled the crew because as Walton had said in his letters, We were, as believed, many hundreds of miles away from any†¦show more content†¦Professor M. Krempe had a negative connotation to Victors earlier studies by saying, Have you really spent your time studying such nonsense (26)? Now Professor M. Waldman thought that Victors past studies were very useful and not a waste by saying this about the authors of his studies, ...these were men to whose indefatigable zeal modern philosophers were indebted for most of the foundations of their knowledge (27). That is how Victors professors reacted to hearing about his past studies. Question #13- In reading chapter 4 closely, what aspects of Victor Frankensteins language and actions suggest that he is becoming obsessive in his behavior? There are plenty of actions and language that suggest Victor is becoming obsessive with his behavior. When Victor said this next quotation in the novel, he said it like it was no big deal when it really was, Two years passed in this manner, during which I paid no visit to Geneva, but was engaged, heart and soul, in the pursuit of some discoveries which I hoped to make (29). He did not even write to his family in that two years which shows that he was becoming obsessive over these projects he wanted to do. Later in his works, Victor describes what he looked like because of working in his laboratory for too long of a time, My cheek had grown pale with study, and my person had become emanciated with confinement (32). This shows that Victor was so obsessed with his projects he usually didntShow MoreRelatedFrankenstein And M orality By Victor Frankenstein1259 Words   |  6 PagesFrankenstein and Morality When Victor Frankenstein was in the two year long process of creating his monster you have to think about what his personal morals were, principles concerning the distinction between right and wrong or good and bad behavior. Everyone has varying personal morals. Dr. Frankenstein goes against the morals of a medical doctor when he wastes his life away slaving over his experiment. He also tries playing God when he sparks the life back into the stitched together corpseRead MoreVictor Frankenstein As A Hero1598 Words   |  7 PagesAlthough some critics view Victor Frankenstein as a Tragic Hero because of his one essential flaw, his overambitious desire to discover what cannot be known, he is truly a Byronic Hero by definition. Although Victor is of a higher social class than the average person and his essential flaw triumphs all of his others, he has a deeply troubled past, struggles with integrity, secludes himself away from society, and is a willful individual who seeks redemptio n by carving out his own path. Victor’s manyRead MoreThe Novel -victor Frankenstein 1246 Words   |  5 Pagesher own.† -Victor Frankenstein Victor Frankenstein was and had always been a curious boy and intelligent boy. His childhood consisted of revealing and investigating facts about the world that he lives in. This undoubtedly led to his desire to explore and take part in adventures including his journey to the North Pole later on in his life. The quote itself however, has several interpretations. The first part explains that the world had so much to uncover, to reveal about itself. To Victor, he thoughtRead MoreVictor Frankenstein : The Role Of Women In Frankenstein964 Words   |  4 PagesWhen Victor Frankenstein seeks to fulfill his divine desire to become the creator of new life- â€Å"A new species would bless me as its creator and source; many happy and excellent natures would owe their being to me† (33)- he eliminates the inherent need for a feminine presence among society. By granting himself the title of sole creator of human life, Victor strips females of their primary role in the reproduction process - a role which females have historically derived cultural power from. In his pursuitRead MoreFrankenstein, By Victor Frankenstein988 Words   |  4 PagesMr. Jones English 12 Honors/4th Period March 15, 2015 Victor Frankenstein and his creation surprisingly share many of the same characteristics. Even though Frankenstein is an ugly, unwanted creature, he and Victor withhold an obvious connection throughout the novel. However, Victor and Frankenstein also share their differences as well. Victor was raised in a very caring and loving home. His parents gave Victor everything he wanted and Victor grew up with great friends. Victor’s parents even adoptedRead MoreThe Search For Dominance By Victor Frankenstein929 Words   |  4 PagesThe search for dominance is always evident in the story of Frankenstein, the story even begins with Victor Frankenstein in the search for strength. Everyone in the story has some kind of moxie that they can use over the other characters, but the desire for power takes everyone on a different path. Any time in the story when Victor Frankenstein needs to find and regain himself he looks to nature to find it all. Nature holds a great part of the power that happens in the story, but the creature is alsoRead MoreConsequences For Playing God By Victor Frankenstein1438 Words   |  6 Pagesfor Playing God Victor Frankenstein in the book Frankenstein faces many terrible situations and has to face many consequences for trying to play God’s role in creating life. Victor seen and dealt with many situations as a young boy that will lead to his madness and obsession with science. Victor has always been intrigued with science and life ever since he was a boy. He studied natural science endlessly trying to master how to create a creature that could sustained life. When Victor finally createsRead MoreVictor Frankenstein s The Monster1365 Words   |  6 PagesSibbach English IV 11 December, 2015 Victor†¦ Creator or Destroyer Victor Frankenstein worried about everyone else and playing God, rather than trying to do right, morally. Victor had to go through a lot of steps and difficulties to create the monster. After the creation of the monster, everyone including Victor abandoned him. Victor refused to create a girl creature to avoid a lot of problems, but he did not realize the hell the monster would end up causing him. Victor regrets trying to play God becauseRead MoreVictor Frankenstein Loss Of Innocence Analysis1768 Words   |  8 PagesCaptain Walton rescues Victor Frankenstein from a shipwreck in the Artic. While Walton nurses Victor back to robustness, Victor transpires his upbringing in Geneva, Switzerland and his creation of a monster. Victor Frankenstein lived a blissful, euphoric childhood with his school friend Henry Clerval and his adopted sister also the love of his life: Elizabeth Lavenza. He describes Elizabeth as a calm marvellous blond who appreciates poetry. Henry is just as ambitious a s Victor wanting to prosper andRead MoreThe Downfall of Victor Frankenstein1877 Words   |  8 Pages2010 The Downfall of Victor Frankenstein In many situations today, the children most common problem can be trace back to their family issue. Without a strong bond of relationship between their parents can consequently cause a destruction of children’s future. Even more, the children grow up unsteadily with aggressive behavior and the sign of depression. This has come to be a controversial issue and as well the depth of the story that is contain in Mary Shelley’s Frankenstein. To many misinterpretations

Online Dating Pros and Cons - 1060 Words

Online dating allows singles, couples, or groups to meet each other online with the hopes of forming a social, romantic, or sexual relationship. Those that sign up with an online dating service typically provide information for other members to view in the form of a personal profile. This personal profile is the main deciding factor as to whether or not an online dater chooses to communication with another member of the online dating service. Online dating, a relatively new form of social matchmaking, has both positive and negative aspects to it. Just as any sort of social interaction can have pros and cons. In this topic, I am going to give reasons how on how online dating can be avantage and disvantages to us and what impact it has on†¦show more content†¦Profiles can be false or partially false as some people attempt to make themselves sound as appealing to others and take it too extremes. Internet dating starts out as typing so you do not automatically know what the pers on you are e-mailing looks like or is like personally. Some Internet dating sites charge far too much money and some will not allow you to view the profiles of other people until you become a member and pay the fees. Exchanging photos is important but you do not always get what you see. Some people post photos of them from many years ago and some people do not have photos of themselves that are very flattering. Some people are simply not photogenic. Photos do not always tell the truth. Realize that some people are more appealing in person than their photo implies. I see online dating site as sites that made people to such for love and it doesnt cost anything to use. Free dating sites also attract more users than subscription-based ones do. However, the very thing that makes these free sites popular can also cause problems relating to privacy. For example, since anyone can join these sites, people who prefer to keep their private lives private are potentially exposed to unwanted atte ntion and publicity. Another drawback of free online dating sites is thatShow MoreRelatedPros And Cons Of Online Dating1350 Words   |  6 Pagesis online dating is beneficial to everyone because it is a way to meet people and talk with them before meeting them in person. It shows bias even though Ms. Spira was trying not to show bias. She did not seek any evidence beyond her viewpoint and experiences. She did not go beyond her expertise to show that there can be larger negative aspects to online dating (Boss, 8). The point in the article was if you want to meet your special someone you need to combine online dating and offline dating. OnlineRead MoreOnline / Social Media And Dating1103 Words   |  5 PagesOnline/Social Media and Dating When it comes to the details about the beginning of mankind, kind few things can be proven or presented as an absolute fact. One of the things that is an exception, which would be love. Love, infatuation, attraction or whatever you want to call the almost undefinable attraction to another human has always been around. Now the never ending question is how do you find love, how do you find the person that some would even say is created for them? Over the years mankindRead MorePros And Cons Of Social Media1114 Words   |  5 PagesFacebook, Twitter, Snapchat, dating sites. When using these sites it allows the users to create a platform for themselves, or just use then to feel connected with people you know. There are many pros a con that comes with using social media that can make people think differently of a person or the way of living. The pros of social media are absolutely harmless and could be beneficial to the people providing these pros and the people who like or relate to the pros. For example say an up comingRead MoreOnline Dating And The Internet944 Words   |  4 Pagesadvertisements for online dating. Online dating is communicating with others through the internet with the objective of beginning a romantic relationship. You can join the online dating community through websites or apps. It is very common for individuals to take part in this method of dating. While some experiences with the service conclude with happy endings, you can’t be guaranteed one. There are dangerous factors when it comes to using online dating. The first online dating website was establishedRead MoreThe Problem Of Online Dating Essay1067 Words   |  5 PagesThere’s no question that dating 40 years ago was much different than dating now. While back then we actually had to go out and meet somebody to be seen, now, with the click of a button, our entire lives can instantly go public. Social media has created this labeling phenomenon in which individuals can categorize another based on a certain trait. Take online dating, for example. We set up a profile that includes hobbies, interests, places lived, and even sometimes body shape. But the most importantRead MoreOnline Dating Essay863 Words   |  4 PagesOnline Dating Some people today feel they cannot meet someone in their everyday lives so they turn to the internet to find a prospective partner, people us the internet as a way of meeting new people Online dating has become the new way of finding your soul mate The internet has made dating more convenient you no longer to have to go out to a bar and spend money trying to impress or you really don’t have, for people who are shy this is the perfect way to screen a potential in the privacy. I thoughtRead MoreLong Distance Relationships1595 Words   |  7 Pagesnegative aspects of Long Distance Relationships. Weaknesses, strengths and differences in long distance relationships versus geographically close relationships are evident. The articles represent studies that have been conducted and provide the pros and cons, and the different affects they have in relationships. â€Æ' Long Distance Relationships-Modern Media Long distance relationships can be stressful at times because of the distance between partners. However, distance can be beneficial, in many waysRead MoreOnline Dating1706 Words   |  7 PagesOnline dating is a which allows individuals, couples and groups to make contact and communicate with each other over the Internet, usually with the objective of developing a personal, romantic, or sexual relationship. Match making occurs over the Internet using computers or cellphones. In order to use an online dating service, people start by creating a profile with basic information about themselves such as gender, age, location, and interests, and at least one photo. Most online dating servicesRead MoreSocial Networking: Does It Do More Good to Us Than Bad1063 Words   |  5 Pagesfaster internet connections coming into service, the use of social networks have sky rocketed; especially among young adults. Since social networking has become such a controversial topic these days, I decided to conduct my research project on the pros and cons of social networking. Has it done more good to society than bad? These questions deserve to be answered because as more people move towards these new modes of communication, the higher the influence it will have on the society as a whole. In myRead MoreThe Is A Good Thing For Society?1019 Words   |  5 Pagespurpose. This term has been around since the 1980s, but never has it been more prevalent than now. It seems that not a w eek can go by without one of these online incidents appearing on the news. With technology advancing, it raises the following question: Are hacktivists beneficial or detrimental to society? After a careful analysis of the pros and cons, one side of this question becomes increasing favorable. Hacktivism is a good thing for society. First, it gives individuals the power to speak their

Output of Channel Is Disposed To Errorâ€Free Samples for Students

Question: How to the Output of Channel Is Disposed To Error? Answer: Introduction Error Control Coding is required in case if we have noisy Channel, output of channel is disposed to error. For this we are essential to extent to guarantee bit stream correctness for transmitted Error control. The aim of coding at emerging coding methods to form the precision of the transmitted bit stream. Exemplification bit stream formed for this symbol is known as symbols codeword. The aim of Error control coding is to produce coding methods in order to check for the transmitted bit stream correctness. The symbol representation of bit stream is known as the symbols codeword The codes can be categorized in two parts mainly error Management codes and error detection codes. Error detection codes need to have transmit larger number of data bits as compared to the original data bits. We can discuss some category of these codes: Repetition codes This simplified and obvious solution to receive correct solution is to make repetition of the codes several times and combine them to get real message. This code with simplicity finds application in non AWAG and fading channels. Parity check codes This error detection technique has concept of using XOR of bits to set up a bit which indicates if we have even or odd number of 1s. the XOR sum have value 1 for odd parity and 0 for even parity. In case if there will be incorrect transmission of the bits then we will receive incorrect parity bits. CRC Cyclic redundancy check is for detection of the burst errors. Storage devices and digital networks finds application of this CRC. Error Correction techniques are divided in 2 parts: Forward Error Correction In this case if we have detected any error in transmission then receiver can correct the errors by its own and no need to ask for copy of data. Popular example of this is telephone applications Backward Error Correction In this case if we have detected any error in transmission then receiver can ask for another copy of data through back channel. Popular example of this is ARQ. In this we cannot request to repeat the data from back channel so this comes under forward error correction. In this case while ARQ discovers the error in transmission The Various mechanisms for error control are: Convolution Codes Repetition Codes Linear Block Codes In case of the block code entire set of code words possess similar length, and we can statically define the encoding for all likely data message. In case of convolution code the set of code word created be contingent on together the provided data message themself and a agreed count of formerly messages which are encoded: the state of encoder is variable and dependent on the processing of each message treated. The code words length is typically remains constant. We could additional differentiate amid [1] Linear codes Cyclic codes Systematic codes Description Cyclic and Linear block codes are the greatest usually utilized codes in protocols of data communication. In case of the linear code each combination of linear effective code words (for instance a given MOD 2 sum) creates additional effective code word. A given cyclic code defines as in that each effective code word cyclic shift also creates a effective code word which can be independently used in message encoding [2]. A given systematic code, lastly defined as the encoding in which all code word comprises the original signal data bits in unchanged form, whichever headed or followed through a distinct check bits group. In altogether scenarios the length of code words is more as compared to the data words. In case the original bits number can be given by d and the additional bits number is e, then the ratio of d /(d + e) can be classified as the code rate [3]. Syndrome Decoding Let original codeword be defined as c transmitted and received codeword be defined r = c + e, In which e defines the value designated for the error vector. The R (receiver symbol) Decoding (n k) A 1 matrix known as the matrix for error syndrome. It is calculated as follows Application Many application of coding theory was absorbed given efficiency less spectral, or limited in power, share capacity curve of the Shannons limit. This was mainly because of two issues. Sure of the purposes behind the expanding uses of coding are outer : the expected fast development in satellite interchanges; the insurgency in digital IC's; the expanding accentuation on the solid transmission of computerized information and of carefully coded analog signals; the accessibility of modest PCs for framework, simulation for hardwares, what's more Algorithms; the expanding modems digitalization, interconnections and switches, allowing prepared interfacing and regular viability; and the expanding modernity of the client group [6]. First numerous initial requests of coding were advanced for the NASA and the ESA satellite communication and deep-space systems, anywhere power was actual more and higher bandwidth. 1) The channel of deep-space is nearly precisely modeled like the AWGN memoryless channel that shaped the foundation for noisy channel over Shannons theorem. Therefore altogether the theoretic and simulation educations lead for this channel approved over nearly precisely into practice. 2) Edge decoders are directly finding broad application for the insurance of satellite connections in the Spade framework the constrained accessibility of the valuable radio range and a comparable spatial restriction on the quantity of satellites that could be set in stationary circle without shared obstruction requires examination from numerous headings [7]-[8]. 3) The utilization of decoding mainly Viterbi to decrease intersymbol impedance, in spite of the fact that effectively beneficial, may provide more here and additionally on phone channels, especially if mix with error correction could be accomplished. Comprehension of the different access of a restricted volume with space, recurrence, what's more, time measurements is as yet inadequate, especially when different commonsense constraints and the requirement for system control, exchanging, and request get to are incorporated. Promote comprehension and elaboration of such channel models as the communicate channel and the different access channel are required. The potential for huge changes in communication in view of source coding are most likely more noteworthy than for whatever other range, yet once more, the correct mix of workmanship, designing, what's more, hypothesis by and by getaways us. At long last, considering the present worry with protection and security, and the view that such issues will increment fundamentally as correspondence administrations and information storehouses develop, data scholars ought to consider an arrival full hover to issues that initially involved Shannon. The making and figuring out of codes secure against changed levels of endeavors could interest and involve us inconclusively. Deep Space Application One of the application of thee error control coding comes in deep space communication. Here we have communication channels with low power, here we have application for convolution codes with the Viterbi decoding. The utilization of the concatenation of convolution code and Reed-Solomon code was done to send volume of data in space. Storage media ECCs is widely utilized as a part of storage. Reed-Solomon and BCH codes are utilized as a part of utilizations like smaller disc players, circle drives, DVDs, 2D scanner tags and NAND streak drives. LDPC codes are supposed as the decision of ECC for SSDs and wellspring codes are deletion codes utilized as a part of datastorage utilization. A commonplace sound CD can have storage up to music of 69 minutes. Indeed, it takes around bits of 1.5 million to speak to only one moment of music. These bits are spoken to through pits on the one side of the circle. The average length of pits is around one micron, and are spiral track reordering happens, that is around width of 0.5 microns. In this case, scratches, clean and fingerprints gives mistakes that are wiped out by utilizing ECC. Conclusion For this we are essential to extent to guarantee bit stream correctness for transmitted Error control The aim of coding at emerging coding methods to form the precision of the transmitted bit stream. The exemplification bit stream of a given symbol is known as the symbols codeword. Error Control Coding is required in case if we have noisy Channel, output of channel is disposed to error. The aim of Error control coding is to produce coding methods in order to check for the transmitted bit stream correctness. The symbol representation of bit stream is known as the symbols code word In case of the block code entire set of code words possess similar length, and we can statically define the encoding for all likely data message. In case of convolution code the set of code word created be contingent on together the provided data message themself and a agreed count of formerly messages which are encoded: the state of encoder is variable and dependent on the processing of each message treated. The code words length is typically remains constant. Cyclic and Linear block codes are the greatest usually utilized codes in protocols of data communication. In case of the linear code each combination of linear effective code words (for instance a given MOD 2 sum) creates additional effective code word. References [1] C. E. Shannon, A mathematical theory of communication, Bell Syst. Tech. J., vol. 27, pp. 379423, 1948. [2] J. M. Wozencraft and I. M. Jacobs, Principles of Communication Engineering. New York: Wiley, 1965. [3] R. W. Hamming, Error detecting and error correcting codes, Bell Syst. Tech. J., vol. 29, pp. 147150, 1950. [4] I. M. Jacobs, Practical applications of coding, IEEE Trans. Inform. Theory, vol. IT-20, pp. 305310, May 1974. [5] G. D. Forney, Jr., and L. F. Wei, Multidimensional constellationsPart I: Introduction, figures of merit, and generalized cross constellations, IEEE J. Select. Areas Commun., vol. 7, pp. 877892, Aug. 1989. [6] J. L. Massey, Deep-space communication and coding: A marriage made in heaven, in Lecture Notes on Control and Information Sciences 82, J. Hagenauer, Ed.. Bonn, Germany: Springer-Verlag, 1992. [7] R. R. Green, A serial orthogonal decoder, in Jet Propulsion Laboratory Space Programs Summary, vol. IV, no. 3739, June 1966, pp. 247ndasDescriptionh;251. [8] J. M. Wozencraft and B. Reiffen, Sequential Decoding. Cambridge,MA: MIT Press, 1961. [9] R. M. Fano, A heuristic discussion of probabilistic decoding, IEEE Trans. Inform. Theory, vol. IT-9, pp. 6474, Apr. 1963. [10] S. Lin and H. Lyne, Some results on binary convolutional code generators, IEEE Trans. Inform. Theory, vol. IT-13, pp. 134139, Jan.1967 [11] J. L. Massey and D. J. Costello, Jr., Nonsystematic convolutional codes for sequential decoding in space applications, IEEE Trans. Commun. Technol., vol. COM-19, pp. 806813, Oct. 1971.

Quality Assurance Project

Background to the Study Many countries across the world are currently very sensitive about the quality of products that are made available within their borders. The Kingdom of Saudi Arabia is no exceptional. Through the Ministry of Commerce and Industry, the government has kept a close watch on the quality of products offered to customers in order to ensure that citizens are protected from substandard products in the market.Advertising We will write a custom report sample on Quality Assurance Project specifically for you for only $16.05 $11/page Learn More Environmental advocates and agencies are keen to monitor activities of various companies operating within this country in a bid to ensure that the environment is kept free from pollution. Through this ministry and other related ministries, organizations must satisfy the set standards before they can be allowed to start their operational activities. They must conform to the International Standards speci fications and other safety standards set by various organs in the country. Based on this, many organizations in Saudi Arabia have found it relevant to maintain quality in the process of production and the final products delivered to the market. Introduction The term quality refers to inherent characteristic of a given item that makes it unique from others. Quality assurance refers to systematic evaluation and monitoring of a product, a project or facility to ensure that it conforms to the set standards. International Organization for Standardization, ISO, (1994) defines quality assurance as all planned and systematic activities implemented to provide adequate confidence that an entity will fulfill requirements for quality. The operational techniques and activities that are used to fulfill requirements for quality are referred to as quality management. Quality assurance is a process that is useful in production process as it ensures that the final product meets market requirement. Qu ality management is a comprehensive process that begins with regulation of raw materials, processing facilities and other processes related to production, and the final product. For a new firm that is about to start operations, quality assurance is a very important requirement that should be fulfilled in order to get government approval before operations. The organization must meet legal requirements put in place by government agencies in order to have necessary certification to start conducting business in the country. According to the Law of Commercial Register 6: 2007, any new firm that intends to operate in Saudi Arabia must meet the rules and regulations set by the Ministry of Commerce and Industry. They include the laws relating to health, product specification and standardizations, pricing laws, environmental protection laws, tax compliance laws and consumer protection laws.Advertising Looking for report on business economics? Let's see if we can help you! Get your firs t paper with 15% OFF Learn More A firm must have a detailed approach to quality management in order to be allowed to operate within the country. A new organization must make a concerted effort to ensure that such laws and regulations are fulfilled. The management should embrace the culture of quality management in order to be competitive in the market and meet the standards set by the government so that the firm may manage competition that is in the market. Quality Management and Quality Assurance System that would be appropriate for particular business unit is discussed below. Quality Management and quality Assurance System Quality assurance and control system puts into consideration factors such as time available for its implementation, resources allocated to it, availability of relevant data, legal requirements put in place by the government, technological advancement in the industry, skilled labor available to implement proposed projects among other requirements. Qualit y assurance and quality control are related to inventories. The main concern is to produce quality products using relevant raw materials in a manner that would be environmentally sensitive. The law limits the level of emission of toxic substances and effluents by any company. This is aimed at conserving the environment. For this reason therefore, companies must make an effort to ensure that facilities that are installed are in good operational shape. Emissions should be controlled and there should be a sewerage system that facilitates treatment of effluents before they are released to the environment. The system should be linked to other sewerage systems whereby their flow is controlled and directed to the government-designated location. The combustion chambers should be fitted with scrapers in order to control smoke that is released to the environment. The scrapers should be replaced regularly as a preventive measure to environmental pollution. The law also demands the safety and s ecurity of employees while at workplace. Employees assigned to production departments that are prone to smokes or other gaseous emissions should be provided with gas masks to ensure that they do not inhale poisonous gases. Other measures should also be considered to facilitate the wellbeing employees. With employee’s safety and environmental concerns, the focus then turns to quality of the product.Advertising We will write a custom report sample on Quality Assurance Project specifically for you for only $16.05 $11/page Learn More International Standards Organization has set standards that are to be met by all products and production processes. Standards must be accepted in the society. International Standards Organization 9001 stipulates among other factors that the quality of the workforce available in production of goods should be perceived to be of the right standard. According to this certification, there is standard a number of trained perso nnel that should be available in each department of production. The trained personnel would be in charge of supervision and other tasks within production department while other duties such as packaging and delivery would be left to the semi-trained personnel. As Goatish (1995) says, quality starts and ends in the mind. There should be a spirit of quality inculcated in the minds of personnel. These individuals would determine the quality of output. They should appreciate the importance of producing quality products. The organizational tools and equipments should also be standardized. Back-up power system should be made available to avoid disruption of production. Raw materials used in the production process should be of the right standard and should conform to the requirements of the law. Production department should ensure that only acceptable ingredients are included in the products in order to avoid litigation that may ensue due to none conformity. The law demands that all ingredi ents that are used in a given product are clearly labeled during packaging in order not to confuse customers. This should be done on all products manufactured in the company. In order to match market competition, the company must put into consideration quality assurance and management devices employed by competing firms. Attention should particularly be given to the level of mechanization employed by other industry players. In order to have a consistent market growth, the company should be in a position to convince customers that its products are of higher quality compared to products of other competing firms (Joherim, 2008). The First Stage The first stage is related to customer focus. The diagram below gives a breakdown of the process. Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The first step in this stage is to internalize the requirements of the customers and regulators. The management then takes a premeditated step to design quality management system in order to realize expectations in the second step. This demands attention from all departments in the organization as it strives to respond to the needs of customers and regulators. If done appropriately, customers and regulators would be satisfied. Second Stage The second face emphasizes on policies and regulatory procedures in the process of production. There should be quality planning so that the final product would have a graded quality. This stage tries to implement regulatory laws that the authorities have enacted to govern the industry. They are concerned with protection of employees, consumers and the environment. Employees should be protected from hazardous working environment and other work related perils. Consumers need protection from substandard products, misinformation and unfair pricing str ategies. The environment should be protected from pollution and other activities that may lead to its degradation. This stage stresses on the quality of production system. The company should comply by maintaining these standards. Third Stage This stage lays emphasis on functionality of the departments, plant procedures and production processes. It demands that concerned managers in each department understand the company’s overall quality objectives. They have to impart the same skills on various units in their departments. It is important that these managers understand market expectation so that they can appreciate the need for the process of quality control. Challenges in the Implementation Process The main challenge in the implementation process is the availability of finances to implement the project. Because this is a new company, it may not be in a position to finance various operational units that may be needed for successful implementation of the project. The level of expertise may also be limited as the company may not be in a position to attract the best labor force available in the industry. Competitors may not make things easy, as they will develop counter programs in an attempt to maintain their market share. The current employees may also fail to meet professional qualifications that the project requires. They may be lacking required flexibility and the drive to implement the project. Conclusion Quality management has gained relevance over the recent past. Many organizations have embarked on ensuring that their products and production processes are responsive to market expectations and to the demands of regulatory bodies. For a new firm to venture into the Saudi market and operate successfully, it is important that it develop quality assurance project that would convince the public and the government regulatory authorities that their products would meet expected standards and are environmentally friendly. The Kingdom of Saudi Arabia has reg ulatory procedures that need to be followed. Recommendations The company should set aside substantial finances during its budgeting process to cover for the expenses of quality assurance and management project. Because this is a new business unit that is yet to be approved by the government, the cost may be a little higher. The quality assurance team must be in a position to convince the government that the set rules and regulations would be adhered to. The business unit should also make an effort to attract individuals who have skills necessary in the implementation process. The ratio of employees with right skills and experiences to that of inexperienced labor force should be about one to one. This would ensure that those with little or no experience take the shortest time to familiarize themselves with new policies. Their remuneration and other packages should also be attractive enough to motivate them. In order to beat market competition, the management should ensure that strate gies are not exposed to competitors. References Goatish, L., Stanley, D. (1995). Implementing Total Quality. Upper Saddle River, N.J: Prentice-Hall. ISO, (1994). Air Quality, Determination of Performance Characteristics of Measurement Methods. Geneva: International Organization for Standardization. Joherim, M. (2008). Quality Assurance and Quality Control. New York: McMillan Publishers. This report on Quality Assurance Project was written and submitted by user Kane Mendoza to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Indian Newspaper Industry

Indian Newspaper Industry Free Online Research Papers India is one of the few countries in the world to have many business newspapers, which not only reflects the vitality and vibrancy of the media, but also the new vitality of our economy. The large readership for these business newspapers transcends from the rapidly growing corporate sector, it also illustrates the growing interest that the general public now evinces in economic matters which reflect the growing importance of business and economy in our national discourse. There was a huge growth in the sales of the business newspapers for the past few years. According to the recent study by Federation of Indian Chambers of Commerce and Industry (FICCI), this growth would outperform the general economy each year till 2011. The Indian print media industry netted $90.80 million in foreign investment in the last three years, few papers like Business standard have tied up with Financial Times of London. Business newspapers have the ability to carry the message in greater detail and clarity, more in-depth information and analysis, which helps companies and their business. Business newspapers are re-inventing themselves to protect their turf in a fiercely competitive multi-media environment. They are using different strategies to attract the customers of different sectors. Business newspapers focused mainly on business news, insightful views on significant issues and comprehensive coverage of the stock market. They have managed to hold the attention and fidelity of more than 9, 00,000 readers (both individual and corporate across the nation). All the business newspapers in India (Economic Times, Business Standard, Financial Times, Business Line, Mint and Financial Chronicle) are working strategically to increase their sales. This Summer Internship Program is also designed with a view to study about the market regarding the personal sale of the Business Standard products and also looking for subscriptions and promoting the product and also creating awareness about business newspapers among different sectors. The aim is to create an in-depth awareness of the brand Business Standard among the various segments of readers, in comparison to other business dailies like Economic Times, Business Line and Financial Times. There is a huge scope of growth for Business newspapers in coming years as only a paltry 0.1% of the population is reading business newspapers at present. Newspapers reach only 35 per cent of our adult population even though the adult literacy is about 65 per cent. To build this gap between readership and literacy and also to remain competitive the publications have kept their prices low and depended entirely on advertisers to subsidize the reader and to increase the sales. Introduction How did the Newspapers originate? The history of newspapers is a dramatic chapter of the human experience going back some five centuries. In Renaissance Europe handwritten newsletters circulated privately among merchants, passing along information about everything from wars and economic conditions to social customs and human interest features. The first printed forerunners of the newspaper appeared in Germany in the late 1400s in the form of news pamphlets or broadsides, often highly sensationalized in content. Some of the most famous of these report the atrocities against Germans in Transylvania perpetrated by a sadistic veovod named Vlad Tsepes Drakul, who became the Count Dracula of later folklore. In the English-speaking world, the earliest predecessors of the newspaper were corantos, small news pamphlets produced only when some event worthy of notice occurred. The first successively published title was The Weekly News of 1622. It was followed in the 1640s and 1650s by a plethora of different titles in the similar news book format. The first true newspaper in English was the London Gazette of 1666. For a generation it was the only officially sanctioned newspaper, though many periodical titles were in print by the centurys end. Asia’s role in the Newspaper industry Worldwide newspaper sales edged up by more than two percent in 2007 while advertising revenue recorded significant gains, according to the World Association of Newspapers. In its report on trends in the newspaper industry, the WAN said nearly 515 million copies of newspapers were sold daily in 2007 and read by an estimated more than one billion people worldwide. China, India and Japan were the worlds biggest newspaper markets in 2007 and China overtook Japan as the country with the highest number of publications in the world. Three-quarters of the worlds 100 best selling daily newspapers were now published in Asia where sales were up 4.1 percent for the year. The figures from WANs annual survey of press trends, were released to more than 1,300 publishers, editors and other senior newspaper executives from 81 countries attending the World Newspaper Congress and the World Editors Forum, Asias biggest ever media gathering. Worldwide newspaper circulation grew 2.1 percent, the number of daily titles was up two percent and advertising revenue rose 5.3 percent, its biggest jump in four years, the WAN report said. It has been an extraordinarily positive 12 months for the global newspaper industry, said Timothy Balding, director general of the Paris-based WAN. Newspapers are clearly undergoing a renaissance through new products, new formats, new titles, new editorial approaches, better distribution and better marketing. Indian Newspaper Industry The Indian Newspaper industry can be primarily segmented across two categories viz English Newspapers and Regional / Vernacular Newspapers. The English medium dominates the industry in terms of advertisement revenues, though vernacular newspapers outperform the English newspapers in circulation. English newspaper industry in India has been fragmented with the players having a regional focus such as the Deccan Chronicle in Hyderabad, Hindustan Times in Delhi, Times of India in Mumbai, Hindu in Chennai, Telegraph and Statesman in Kolkata, Deccan Herald in Bangalore, Gujarat Samachar in Ahmedabad. However, the industry is witnessing a trend whereby players are looking beyond their home territories viz. Times of India’s and Business Standard’s entry into certain newer territories and Deccan Chronicle and Hindustan Times also doing the same. The competitive landscape has now drastically changed with major publishers trying to expand to other geographic regions, initiating price wars and marketing campaigns to win readers. The competitive intensity, which was quite â€Å"mild† until few years ago, also reached a higher level with the launch of DNA and Hindustan Times in the Mumbai market. A booming economy and the opportunity to raise funds from a well-developed financial market have also contributed to the growth of the newspaper industry in India. Indian newspaper industry had a turnover of Rs 13,500 crore in 2006. It is expected to touch Rs 15,500 crore. The size of media industry in India as a portion of the GDP is estimated at 0.7%, which is lower than most of the developed and developing nations. Thus it offers a scope of high growth in this industry moving forward. Advertising expenditure to GDP reveals that advertisement expenditure to GDP ratio in India is 0.4%. With rising income and education level in India, readership is expected to rise and with favorable demographics, advertising revenues will increase as advertisers start spending more to attract higher quality audience with more purchasing power. Newspaper publication is usually issued on a daily or weekly basis, the main function of which is to report news. Many newspapers also furnish special information to readers, such as weather reports, television schedules, and listings of stock prices. They provide commentary on politics, economics, and arts and culture, and sometimes include entertainment features, such as comics and crossword puzzles. In nearly all cases and in varying degrees, newspapers depend on commercial advertising for their income. Present scenario is that by the time, they see a newspaper, most people have already learned about breaking news stories on television or radio. Readers rely on newspapers to provide detailed background information and analysis, which television and radio newscasts rarely offer. Newspapers not only inform readers that an event happened but also help readers understand what led up to the event and how it will affect the world around them. The staff of a large newspaper works under the constant pressure of deadlines to bring news to readers as quickly as human energy and technological devices permit. Reporters, photographers, artists, and editors compile articles and graphics- sometimes in just a few hours. Page designers assemble articles, photos, illustrations, advertisements, and eye-catching headlines into page layouts, and then rush their work to the printer. Newspapers as known today are complete with advertising and a mixture of political, economic, and social news and commentary. Business news papers in India Publication of Business newspapers started in India by the launch of Economic Times on 5th march 1961. It has traditionally been the essential reference document on Indian business, polity, economy and finance. Its focus on the managerial component and evolving business in India and abroad makes it the favorite amongst intellectuals, managers as well as students and researchers, having recorded a staggering growth of 150% over the past few years. The Economic Times has emerged as the most widely circulated economic and business daily in the country and among the top three English financial dailies in the world. Business Standard was started in 1975 by the Ananda Bazaar group in what was then Calcutta, the paper was hived off as a separate company in 1996, and then bought by Mumbai-based financial investors, after which it began a phase of rapid expansion with the launch of new editions. The Financial Times of London took an equity stake in BSL in 2004. Business Line or The Hindu Business Line is an Indian business newspaper published by Kasturi and Sons, publishers of the The Hindu newspaper. Business Line started publishing in 1994. It is Indias youngest business newspaper and also the countrys second largest selling, with a circulation of one lakh copies, next to the Economic Times. Financial Times entered into the market after Business Line, so did the Hindustan Times, Mint and Financial Chronicle which is the youngest of the lot. OBJECTIVES OF THE STUDY: To find out the attributes which are considered important by the customers while purchasing a business newspaper? To study the growth of Business newspapers To increase the sales of Business Standard newspaper. To find the awareness level of business newspapers among the respondents To find out the perception of customers towards various Business newspapers they are reading To find out the attributes which they like in Business standard newspaper. Concepts/models introduced in the study Market Research 1. Research: Qualitative and Quantitative 2. Data: i. Primary Data ii. Secondary Data: Through personal interaction, mails 3. Research Approach: Survey method 4. Research Instrument: Questionnaire 5. Type of Questionnaire: Structured 6. Type of Questions: Close-ended and open-ended questions Questionnaire was prepared on the basis of Likert scale. Likert scale is a type of attitude scales. Likert’s summated scale Summated scales are developed by using the item analysis approach. Here a particular item is evaluated on the basis of how well it discriminates between persons whose total scores are high and those whose scores are low. Items or statements that best pass this sort of discrimination test are included in the final instrument. The summated scale was developed by R.Likert and is frequently used in the study of social attitudes and other social sciences research. In this scale, the respondent indicates several degrees of agreement or disagreement with each item that constitutes the scale instead of indicating his agreement with only a few items. Each response is given a numerical score based on a scale of five or seven points- indicating his degree of agreement or disagreement. Likert type five point scale Strongly agree (5) Agree (4) Undecided (3) Disagree (2) Strongly disagree (1) The points mentioned in the brackets are the scores against each opinion. The response indicating the least favorable degree of job satisfaction is given the lowest score (say 1), while the most favorable response is given the highest score (say 5). Advantages of Likert-type scale 1) It is relatively easy to construct the Likert-type scale compared to the remaining scales because it can be done without a panel of judges. 2) The Likert scale is considered more reliable because each statement of the respondent is included in the instrument. 3) Each statement is given an empirical test for discriminating ability and as such the Likert-type scale permits the use of statements that are not manifestly related to the attitude being studied. 4) The Likert-type scale can easily be used in respondent-centered and stimulus centered studies, i.e., we can study how responses differ between people and between stimuli through it. 5) It takes much less time to construct the Likert-type scale and is frequently used by students of opinion research. Limitations of a Likert scale 1) In this scale we can only examine whether respondents are more or less favorable to a topic, we cannot tell how much more or less favorable they are. The interval between strongly agree and agree may not be equal to the interval between agree and undecided. 2) The total score of individual respondents has little clear meaning since a given total score can be secured by a variety of answer patterns. Sales Direct selling is the marketing of products or services to consumers through sales tactics including presentations, demonstrations, and phone calls. It is sometimes also considered to be a sale that does not utilize a middle man such as at retail outlets, distributors or brokers. This is needed where the product’s value, like in Insurance, needs more explanation and cannot be purchased off the shelf. At its best, direct selling can be an opportunity for individuals to find fulfillment, express their entrepreneurial talents and gain financial independence. Please note that direct selling involves people and is a part of direct marketing which additionally involves the use of media, print etc. ORGANIZATION PROFILE Business Standard is the countrys most respected business daily, being the first choice of serious business readers, launched in 1975 in Kolkata and today is printed in 10 centers. It is published in colour from ten centers in India Mumbai (formerly Bombay), New Delhi, Kolkata (formerly Calcutta), Bangalore, and Chennai (formerly Madras), Ahmedabad, Hyderabad, Chandigarh, Kochi and Pune. Around 100,000 copies of Business Standard are being sold every day across the country. This is the most respected business publication with business organizations ranking BS as the most professional company to deal with. Business coverage from more than 35 towns across India and more than 100 reporters and dozens of feature writers are involved. The newspaper believes in free, fair and independent journalism and strives to inculcate these values in its editorial staff. The journalism practiced by Business Standard lays equal stress on quality, credibility and accuracy. The Financial Times of London has taken an equity stake in BSL. This is the only business newspaper to give BS 200. Top 200 companies are evaluated across 22 key parameters. These form 90% of the trading on the exchanges. Moreover, this is the only paper to give detailed analysis on money markets. Business Standard has the countrys best economic journalists and columnists working for it. T.N. Ninan, perhaps India’s best-known business journalist, who had earlier undertaken a complete and highly successful revamp of The Economic Times and was responsible for its phenomenal growth, edits it. Among the other senior journalists in the team are A.K.Bhattacharya, former editor of The Pioneer and associate editor of The Economic Times, and Shyamal Majumdar, former resident editor of The Financial Express. Business Standard’s stable of specialist contributors includes some of the sharpest minds in economics and business. Among them: Shankar Acharya, former chief economic advisor, government of India, Subir Gokarn, chief economist, Crisil, Deepak Lal, professor of economics, UCLA, Bibek Debroy, director, Rajiv Gandhi Institute for Contemporary Studies, Suman Bery, director-general, National Council of Applied Economic Research, Alexander Nicoll, assistant director, International Institute for Strategic Studies, and Arvind Singhal, chairman, KSA Technopak. The newspaper’s columnists include Surjit Bhalla, TCA Srinivasa-Raghavan, Sunil Jain and AV Rajwade. Apart from a business newspaper, BSL publishes several periodicals, including BS Motoring, Indian Management, and Routes: the Gateway Magazine (a lifestyle magazine). The company sees content creation, content processing and content management as its core competence. It offers complete outsourcing solutions for organizations, which want to bring out in-house or private publications but lack the people and/or resources to do it cost-effectively. The web properties of BSL, including the online edition of Business Standard, include business-standard.com and bsmotoring.com. At business-standard.com, you have access to one of the best repositories of Indian and global business news. Apart from the flagship publication, the website also features content from The Smart Investor (weekly), The Strategist (Weekly), Indian Management (Monthly), BS Motoring (monthly) and Routes: Open sky (monthly). ORGANIZATIONAL STRUCTURE PRODUCT PROFILE Business Standard is the countrys most respected business daily, being the first choice of serious business readers. The newspaper believes in free, fair and independent journalism and strives to inculcate these values in its editorial staff. The journalism practiced by Business Standard lays equal stress on quality, credibility and accuracy. 1 First page consist of the headlines, news of the last day. On the top of the page, there is a line, which indicates the volume number, publishing centers from where this newspaper is being printed. 2 Below that line there is the header â€Å"Business Standard† in association with Financial Times of London. 3 On left side of the whole page there are certain columns like In Brief, Market watch and opinion poll. 4 On the bottom right corner of the page there is a sole add generally. 5 Second and third pages consist of the news related to the Economy. 6 There is a separate page for International news and State news. 7 Tenth and Eleventh page generally consist of Issues Insights and Opinion respectively. Next is the back page. 8 After back page, a different section called Money and Markets comes which contains all the news related to currency, daily stock market fluctuation and also about the commodity market. This section is completely made for money and markets only, to give the detailed news of each and every factor. 9 After this section a different supplement comes named Accent South.(This name varies city to city like in Mumbai and Gujarat it is named as Accent West) 10 Apart from the daily newspaper, some supplement comes along with the newspaper, Supplements like Smart Investor (weekly), The Strategist (weekly), and Weekender. 11 On every first Friday of the month, one magazine named â€Å"Open Sky† comes which gives complete information about aviation industries. 12 Some annual magazines are also provided with the newspaper which are distributed free of cost along with the newspaper to the customer. The details related to magazines are as below: Value add-ons for readers†¦ ? Weekly supplements 1. Smart Investor (Monday)- serves as an investment guide 2. Strategist (Tuesday) – covers issues around management marketing 3. Weekend (Saturday) – feature on lifestyle, personalities and also has a page devoted to Motoring. ? Business Standard is the only Business newspaper which gives 2 magazines free every month. 1. Motoring A complete Car Bike magazine. 2. Open Sky magazine that gives 360 perspectives on aviation. More value ads†¦ ? Annual’s 1. The Fund Manager Covers the high points and performances of Mutual Funds. 2. The Billionaire Club – Listing of India’s richest businessmen and executives. 3. Banking Annual – Performances of the banking sector. 4. BS 1000 – A guide to India’s top 1000 companies 5. Spend – A bi-annual which showcases the latest fashion trends and accessories. BS-200 Business standard stock pages introduced for the first time stock calculus and rating for improving portfolio (SCRIP) on the top 200 shares ranked on the basis of the combined turnover of the Bombay stock Exchange (BSE) and National Stock Exchange (NSE). These 200 stocks, ranked on a monthly basis account for 90-95 percent of the total volume of the shares, value and trade on the two bourses. Routine information on other stocks, such as the previous sessions close, the days close and volume are given separately. The SCRIP for each of the top 200 stocks has four categories of information: First, the basic information on the day’s activities. Here they give the scrip code, group, the previous close, the day’s open, high, low and close, volume of shares traded and the number of trades. Second is to lend a perspective to the days trading, they are giving the trend in price and volume. Every day stock price movements-highs/lows (3 months and 52 weeks) The Third sub set of information is on the bottom-line. How much returns have a particular stock given over 1 year. They are providing returns calculated on a point-to-point basis for 1 month and 1 year. Finally in order to assess the future of the scrip, which people may be interested in, they are giving information on its performance so far. Here they include ratios on valuation, profitability, strength, growth and efficiency. The idea is to look deeper into the source of price movements and get an understanding of why a share may be active and what is in store at the counter. In this segment, they add a new byte of information everyday to enable comprehensive assessment: On Tuesdays they will give 1) cash P/E 2) Industry P/E 3) Quarter on Quarter EPS growth. 4) EPS in the trailing twelve months. On Wednesdays, the highlight will be on quarterly earnings per share for the last four quarters and also consolidated results. On Thursdays there will be data on 1) Dividend yield % 2) Payout ratio 3) Free float 4) FII s stake On Fridays they will provide 1) Book value per share 2) Price/Book value, 3) Market capitalization 4) Return On Capital Employed (ROCE) On Saturdays they will estimate the volatility of returns using 1) Alpha 2) Beta 3) Standard deviation 4) Mean As the official news and data website of Indias second largest business daily, business-standard.com is open to proposals for partnerships in the following areas: Business Standard syndicates online content for use in websites and print publications. They are also open to content swap arrangements where complementarities exist. Business-standard.com welcomes proposals for cross-promotions on websites through appropriate use of banners and links. They are open to two-way tie-ups in appropriate areas for co-branding pages relevant to both partners. Business-standard.com is willing to partner with online auctioneers and sellers through mutually beneficial commercial arrangements. The items to be sold could vary from books to CDs, business gifts, investment advisory services, online business courses or products or services appropriate to the focus of the business-standard.com website. Methodology followed I have taken a sample size of 150 and did Face to Face research i.e. interacting with customers directly and through mail, which includes customers of different professions like 1) Bank employees 2) Insurance companies employees 3) IT professionals 4) Business men 5) Chartered accountants 6) B- school students I specifically targeted the above sectors because Business newspapers are more useful to them and they know very well about these newspapers. Hence I can get a clear perspective from them for my project. I prepared the questionnaire by keeping in mind several factors, which customers consider in purchasing Business newspapers. Factors considered while preparing the questionnaire. They are purchasing business newspaper because 1) To know about the growth of the economy. 2) Business dailies help you make your investments more strategically and smartly. 3) Recent upsurge/ fall in the stock market has generated considerable amount of interest in business dailies 4) Business newspapers are more helpful for the domestic trading people. 5) Linkages and Tie-ups with international financial newspapers increase the interest of reading business dailies. Few other questions are included in order to find out whether they want any changes in these business newspapers so that they will be helpful to them. Tabulation and Interpretations Sales of Business Standard During the 8 weeks of our project along with the market survey we were asked by the organization to do sales. They have given us a target of 25 subscriptions per month. My task was to conduct sales of pre paid subscription of Business Standard through a subsidized price scheme offered by the company. As per the scheme the pre paid customer is offered following prices for different periods. Subscription period Actual Cost Rs Offer Cost Rs Discount Rs 6 Months 474 275 199 9 Months 711 400 311 12 Months 961 525 436 24 Months 1896 1000 896 Growth of Business newspapers There was a huge growth in the Business newspapers in the past few years. The growth rate of the business newspapers in the past one-year is as follows News paper Jun-07 Dec-07 Growth rate Economic times 6,18,196 6,19,750 0.251 Business Standard 96,150 1,16,234 20.882 Business line 1,17,047 1,25,145 6.91 Financial express 27,250 30000 10.09 Economic Times has the major market share among the Business newspapers in India. As per the end of the year 2007 it is as follows Inference From the above data we can clearly say that Economic Times is leading with a market share of 70%. Where as in terms of growth, when compared with previous year, Business Standard is leading, it has increased its sales by 20% in the past 6 months. To know about the brand awareness of Business standard and what customers like in Business standard news paper, I asked the customers to rate the paper on the basis of following parameters 1) Editorial 2) News coverage 3) Annual and Monthly magazines 4) Less Price. Out of a sample size of 150 respondents 37- People said they are not having any idea about Business standard. 30- People said they liked the editorial section. 43- People said they liked the news coverage of Business standard. 22- People said they liked Annual and Monthly magazines. 18- People said because of less Price they are purchasing Business standard. You are interested in subscribing for business newspaper along with the regular newspaper Percentage Strongly agree 42 28 Agree 96 64 Disagree 12 8 Weighted average=42*1+96*2+12*4/150=1.88 Analysis Out of a total sample of 150, 96 people said they are interested in subscribing for business newspaper along with regular newspaper i.e. almost 64%. Only 8% disagreed i.e. just 12 members out of 150.42 people strongly agreed that they are interested in subscribing for a business newspaper along with the regular newspaper. Inference The above data clearly says that there is a lot of scope for the growth of business newspapers in the present conditions. Many people are interested in subscribing for business newspapers along with the regular newspaper. In recent years there was a huge growth in business newspapers. Reading a financial daily is more interesting than reading a regular newspaper. Percentage Strongly agree 24 16 Agree 66 44 Disagree 54 36 Strongly disagree 6 4 Weighted average=24*1+66*2+54*4+6*5/150=2.68 Analysis Out of a sample of 150 almost 60% people said that they are more interested in reading financial dailies than regular newspaper (44% agree+16% strongly agree) and remaining 40% said they are interested more in reading a regular newspaper. Inference People are slowly changing their attitudes towards business newspapers, this data clearly says that these days many people are subscribing for business newspaper and they are more interested in reading them when compared with regular newspapers. This may be due to several reasons, few people said that in regular newspapers they are concentrating more on unnecessary stuff than the important news and few papers have favouratism to particular groups etc. Business dailies should also include a supplement on general news Percentage Strongly agree 54 36 Agree 84 56 Disagree 12 8 Weighted average=54*1+84*2+12*4/150=1.8 Analysis Out of a sample of 150, 138 people are interested, if they include a supplement on general news in a business newspaper (56% agree + 36% strongly agree). Only 12 people said that they are not interested in reading general news in a business newspaper. Inference The above data clearly says that many people are interested in reading the regular news i.e. they said that they want only main important news of regular newspapers without having any unnecessary stuff. Few people said that if they give a supplement on general news they will buy only business newspaper. Very less number of people said that they are not interested in reading general news in Business newspaper, they said that Business newspaper means they should have only business related news. Business dailies help you to make your investment more strategically Percentage Strongly agree 66 44 Agree 48 32 Undecided 36 24 Weighted average=66*5+48*4+36*3/150=4.2 Analysis Out of a sample size of 150, 66 people i.e. 44% of people strongly agreed that Business dailies help in making their investments more strategically. 44 people agreed to the above statement where as 36 people said that they don’t know i.e. they are undecided. Inference By seeing the above data we can clearly say that Business dailies help people in making their investment more strategically i.e. more than 75% people agreed to this statement. They said that few supplements like Smart investor, few reports; analysis of the companies, analysis of Sensex helps them in taking decisions regarding their investments. Business dailies help you to track the growth of the economy Percentage Strongly agree 78 52 Agree 72 48 Weighted average=78*5+72*4/150=4.52 Analysis Out of a sample of 150, 78 people strongly agreed that Business dailies help them to track the growth of the economy and the remaining 72 people agreed to the above statement. Inference The above data clearly says that Business dailies give, up to date information about the country’s economy when compared with the regular newspapers. People are showing more interest to know about the country’s economy i.e. GDP of the country, Inflation rate how it is varying and its effects, Policies and reforms introduced by RBI etc. The attitude of people to know about the economy and its growth has changed a lot, previously they did not exhibit interest in knowing about the economy, now they are showing interest to know about the growth of the economy. Boom/ Fall in Stock market has generated considerable amount of interest in business dailies. Percentage Strongly agree 60 40 Agree 66 44 Undecided 12 8 Disagree 12 8 Weighted average=60*1+66*2+12*3+12*4/150=1.84 Analysis Out of a sample of 150, 126 people said that the boom/fall in stock market has generated considerable amount of interest in Business dailies i.e. nearly 85% people. Only 12 people said that they don’t agree with the above statement and 12 are undecided in comment about this statement. Inference These days most of the people are interested in knowing about the Stock market and its analytical reports. As most of the people, mainly IT professionals and business man are investing in stock markets they are mostly interested in purchasing business newspapers as they give detailed analysis about the stock market which will be helpful to them to have a detailed study and look through them and invest in the stock market. Few people who have not invested any money in the stock market are also interested in reading the news and reports about them to get a brief idea so that it may be useful to them if they are interested in investing in the stock market in the future. Business newspaper is more helpful for the domestic trading people. Percentage Strongly agree 24 16 Agree 66 44 Undecided 60 40 Weighted average=24*5+66*4+60*3/150=3.76 Analysis Out of a sample of 150, 90 people i.e. 60% people agreed to the above statement that Business dailies would be more helpful for the domestic trading people. Remaining 40% said that they are undecided whether it will be useful for them or not in the trading. Inference These days as many people are doing domestic trading i.e. investing in stock market through online at homes. They are not going to any capital investment companies or stock brokers regarding this trading, mainly IT professionals and Insurance company employees are doing this domestic trading and they said that Business newspapers are more helpful to them in taking decisions in trading as daily supplements in business newspapers cater specially to trading aspects. You would like to see sports news in Business dailies Percentage Agree 36 24 Undecided 18 12 Disagree 66 44 Strongly disagree 30 20 Weighted average=36*4+18*3+66*2+30*1/150=2.4 Analysis Out of a sample of 150, most of the people disagreed with the above statement that they would like to see sports news in business dailies i.e. nearly 65% people disagreed. Only 24% people agreed that they would like to see and the remaining 12% are undecided. Inference As most of the people are interested in reading Sports news in regular newspapers and few people only read sports news, I have included this question, to find out if people are interested, but, most of the people disagreed with the statement. Only few people, that too a few B-school students agreed to the idea. Many suggested that Business newspapers should not include Sports news because the uniqueness of business newspapers will be diluted by the inclusion. So it’s better not to include Sports news in Business newspapers. Conclusion: Its better not to include sports news in Business newspapers Association with International financial newspapers enhances the interest quotient in a Business daily Percentage Agree 72 48 Undecided 60 40 Disagree 18 12 Weighted average= 72*4+60*3+18*2/150=3.36 Analysis Out of a sample of 150, nearly 50% people agreed with the above statement that association with International finance newspapers enhances the interest quotient in a business daily. Only 12% people disagreed with the statement where as 40% people are undecided to comment about the statement. Inference As International financial newspapers are better than our National newspapers in all factors most of them suggested that association with them might enhance the interest quotient and the brand image of our financial newspaper. Among Indian newspapers only Business standard is associated with Financial Times of London, it has a 15% stake, which Business Standard portrays as the USP of their paper. Many of the respondents are in a dilemma whether it will be helpful in any way or not. Recommendations 1) Launching a new supplement on the IT sector can help in improving the sales of the newspaper to a great extent as during my interaction with customers, I could sense a great need for such a feature in a business newspaper. 2) Business Standard should be published on Sundays. On Sundays, Economic Times is priced high where as Business Line is available for Rs. 3. Hence, if BS can be published on Sundays, offered at a competitive price, then it can get an edge over the ET and BL. 3) Annual magazines are very popular among all the categories of the sample taken as the content is good and the information provided by those magazines is quite good. The respondents wanted these magazines to be published more frequently. 4) There are major problems with the circulation of the newspaper, which need to be addressed immediately. There are only two executives to deal with vendors across Bangalore for implementing the newspaper subscriptions. As a result, most of the customers do not receive the newspaper. The vendors are also not willing to supply the paper as the commission they receive is very low when compared to other competitive papers. 5) Business Standard should concentrate more on improving their news coverage and content analysis. Limitations of the Study 1) The data collection was difficult from few customers. 2) The study was restricted to Bangalore city market only. 3) The time period was a restriction in using a Sample size of 150. 4) In the Likert scale we can only examine whether respondents are more or less favorable to a topic; we cannot tell how much more or less favorable they are. The interval between strongly agree and agree may not be equal to the interval between Agree and undecided. 5) Tough competition from Economic Times, people are not having any idea about other Business newspapers. 6) Business standard is not having any tie-ups with the regular newspapers as other newspapers have, it is one of the drawbacks for Business standard. 7) ID cards were not given by the organization, which could have been useful at the time of sales. 8) Customers are unhappy with the policy of the company (Business Standard) as the company is not publishing any issue on Sunday. 9) The customers are somewhat dissatisfied with the delivery of the newspaper. Also the newspaper is not available everywhere when compared to its competitors. 10) It does not have its own Press and also the distribution channel is not proper. It is depending on Deccan Herald publications for distribution. Scope for future improvements There is lot of scope for the growth of Business newspapers, right now the circulation of Business newspapers in India is nearly 10 lakhs, where as the population of India is more than 100 crores. The literacy of India is more than 70% so Business newspaper organizations can adapt different strategies by targeting different customers and try to increase their sales. In India, newspapers reach only 35 per cent of our adult population even though adult literacy is about 65 per cent. To build this gap between readership and literacy and to overcome the competition, publications are keeping their prices low and depending entirely on advertisers by giving subsidies to the readers and increasing the sales. Bibliography 1) www.business-standard.com 2) www.wikipedia.org 3) www.Economictimes.com 4) www.google.com 5) www.businessline.com 6) www.auditbureau.org 7) The Hindu – newspaper. Appendices SALES FOR BUSINESS STANDARD AND ANALYSIS OF CHANGING ATTITUDES TOWARDS BUSINESS NEWSPAPERS Questionnaire is on the basis of likert scale. 1-strongly agree 2-agree 3-indifferent 4-disagree 5-strongly disagree You just need to type / write the option i.e. just number except for first question 1) Are you interested in reading business newspaper? If yes, why? Ans) 2) You are interested in subscribing for a business newspaper along with a regular daily. Ans) 3) Reading financial dailies is more interesting than reading regular newspapers. Ans) 4) Business dailies should include a supplement on general news Ans) 5) Business dailies help you make your investment more strategically and smartly Ans) 6) Business dailies help you track the growth of the economy Ans) 7) Boom in the stock market has generated considerable amount of interest in business dailies Ans) 8) Business newspapers are more helpful for the domestic trading people. 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