Look Homeward Angel Essays - Fiction, Literature,

Look Homeward Angel Erin OHara Kate Myers English 101 11/25/00 Look Homeward, Angel Review (Final draft, 5th essay) A culturally enriching experience is an experience that is related to the arts and an intellectual activity, which makes you become a better person or makes you feel you have become a better person. Also, a culturally enriching experience is when you allow yourself to become more educated on a certain topic and it improves yourself. I feel the theatre, through plays, gives people a culturally enriching experience. By sitting in the audience and becoming involved in the play we are able to place ourselves in the shoes of the characters on the stage. We relate our own lives to theirs. Through this and the fact that when we go to see a play we are broadening are horizons allows us to have a culturally enriching experience. The play, Look Homeward, Angel, relates to my meaning of a culturally enriching experience. In the play there is this family who goes through many problems, an alcoholic father, a crazy mother, and a dieing son. With these problems audience members are able to relate to the pain and suffering that this family is experiencing. It is not that you can relate exactly to their problems, but the audience member knows what it feels to have family struggles. As I sat there watching the play, I became very emotional because I was able to relate myself to the youngest son because I, too, am the youngest in my family and know what it feels like to always be the one joked on or have a mother who takes up all her strength to finally let you go and become an adult. This play also shows people how the times where during that period and how money was a major struggle. The play, for two hours, makes you feel apart of this family and awakens your mind with knew knowledge, allowing for an experience th at is culturally enriching. When it comes to recommending Look Homeward, Angel I definitely recommend it to men and women of all ages. It is a comedy/tragedy that grabs you from the moment the play starts. When I went to see the play I do not think that there was a dry eye in the audience. Even grown men who I thought never cried were crying their eyes out. If you are looking for a play to take the whole family to I recommend Look Homeward, Angel. It is a play that everyone can relate to and find some sort of enjoyment out of it. English Essays

Self Esteem and Culture in a Learning Environment

Self Esteem and Culture in a Learning Environment Learning process functions in a dynamic but systematic process that is greatly influenced by the main objective, sub objectives, and the environment in which learners are subjected to in the process of knowledge acquisition. According to Slavin (2006):Advertising We will write a custom essay sample on Self Esteem and Culture in a Learning Environment specifically for you for only $16.05 $11/page Learn More Students differ. They differ in performance; level, learning rate, and learning style. They differ in ethnicity, culture, social class, and home language. They differ in gender. Some have disabilities, and some are gifted or talented in one or more areas. These and other differences can have important implications for instruction, curriculum, and school policies and practice. (p. 98) Thus, the educator should be attached to the lesson objective and learn from the students especially on cultural differences and language in order to create a friendly and inc lusive environment. Reflectively, the conceptual idea of this treatise is an in-depth analysis of the aspects of social environment and objective and their influence on quality of learning, self-evaluation, goal setting, decision making, and inclusive education as means of building confidence and self esteem among learners irrespective of cultural background (Slavin, 2006). In addition, the treatise describes practical approaches employed by instructor to build confidence in a class of learners from diverse backgrounds. In the elementary class video, the instructor is keen on approaches used in affirming confidence among learners. Since this class consist of relatively young population from diverse background, the teacher adopts inclusive methodology and encourage total participation by assigning duty to the seemingly minority group. Notably, inclusion of bright color in the learning process is apparent to attract attention of the young learners who prefer practicality as opposed to theorizing of the objective. Besides, it is apparent that the instructor is aware of the level and cultural diversity of the class and uses simple sentences in presenting new ideas and appealing for participation by assigning duties. Observation and Description Group Characteristics As observed in the elementary class video, the class is of medium size consisting of learners in elementary level of learning. Apparently, the class is balanced in terms of gender and draws learners form different background such as Latino, Pilipino and main stream American culture. The course resonates on the facets of active participation education in which every learner is expected to present a practical approach in translating theory into actuality. This lesson involves use of papers of different colors. Each learner is given four papers; three white and one green.Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More b.) As observed in the video, the tone of the instructor uses simple language and stresses on emphasis for every statement uttered. Through repeated use of the phrase â€Å"okay†, the tone appeals rather than command the learner on instructional methods. Since the class consists of different culture, the instructor uses a neutral accent with slight incorporation of Latino pronunciation and slow pace of speech so as to include the slow learner and special needs student. Analysis, Explanation, and Reasoning Confidence building The observed teacher is keen on the intensity of grammar used in imparting knowledge in a diversely cultured class. In order to build confidence and affirm positive self esteem, the instructor pronounces instructions slowly and repeatedly. Reflectively, this approach is essential in creating a tension free learning environment as slow learners are given equal opportunity to grasp concepts at minimal level of strain. In addition, the observed teacher is keen on diversity of her class and applies inclusive instructional methods (Slavin, 2006). To achieve this, she concentrates on making every student participate directly and actively. Moreover, in distribution of materials, the instructor allows a learner to issue materials, which in itself, is a means of creating an environment of confidence in others. In order to ensure that the learner is up to instructor’s goals, she is keen on following up progress of the learner. Thus, pleasure and self elegancy created promotes invention and participation as the learner develop sense of appreciation for attention given. The level of Engagement As observed in the video, the level of student engagement can be described as interactive. Reflectively, the learner is involved in lesson activities and is expected to have creative input at the end of the lesson (Slavin, 2006). The engagement is noted in resource materials distribution and gauge on level attentiveness as the instructor conf irms from the learner his/her progress with a previous assignment before proceeding to the next. Connection to Effective Teaching Practices As observed in the video, the main teaching strategy adopted by the instructor is participatory learning. This strategy is inclusive of the need for active participation by the learner who is encouraged and motivated to optimally function actively in class activities without fear of developing inferiority complex problem. In a relatively diverse class such as one in the video, fear and low self esteem is a common occurrence especially when the minority or special needs learner has to cope with his/her normal counterparts. Subsequently, limited space for activating positive self esteem may result into lack of confidence and diminished courage to practice inquisitive learning.Advertising We will write a custom essay sample on Self Esteem and Culture in a Learning Environment specifically for you for only $16.05 $11/page Learn Mor e Fortunately, the instructor is aware of this and is successful in applying inclusive participatory approach in imparting knowledge. As a matter of fact, the learner is given an opportunity to contribute and special attention to gauge progress. Before proceeding to the next concept, the instructor ensures that the learner is at par with lesson objective. Characteristic of a class room environment with learners of diverse background, inclusive education offers the best alternative in active learning process. Since participatory learning triggers creativity and inquisition, interaction with peers create a comfortable room for boosting self esteem irrespective of physical or cultural variations which may exist. As the learner interacts with peers, confidence in expression and self ingenuity naturally surface. The key aim of a lesson objective is ensuring that the learner is in a position to accurately and practically apply acquired knowledge within accepted facets of interpret ation. In this scenario, this aspect is inspired by the instructor who acts as a guide and a learner of cultures at the same time. In the process of learning from the student, the instructor creates room for free expression and flexibility to accept diversity as strength. Generally, use of interactive and inclusive strategies offers comprehensive approach in understanding acculturation and impact of the same on learning as a process and a system. In the process of internalizing competency, secondary aspects of inclusive learning through direct participation facilitates formal and informal establishment of a risk-free classroom environment as involvement functions on equitable treatment. In addition, at macro level, inclusive learning process reinforces positivity in self expression, interaction and presentation of set goals, evaluation criteria, and personal reflection without feeling neglected. Evaluation Effectiveness of Strategies Applied Reflectively, the instructor has successf ully applied inclusive participatory approach as an education strategy. Despite divergence in acculturation, the learner is active and participates fully among peers. Besides, the instructor has created a free learning environment where the learner is empowered to respond without feeling inferior. For instance, before proceeding to next concept, the learner is given ample time to interpret the previous one. Since the objective of this lesson is to understand cultural diversity and creation of self esteem, the success is measured by active participation and self expression by the learner who is attentive across the lesson.Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More As a matter of fact, the learner is keen and follows up instructions issued by the instructor to the latter as shown in the video. Use of bright colors for elementary level in participatory learning boost interest, maintain attention, and facilitate concentration as noted. The process of evaluation is as a result of informed perception of the ideal learning environment and prior experience as guided by lesson planning rubric. As a teacher, the basis of lesson planning and execution is due to the need for inclusive interactive learning process and simplification of concepts in line with the level of learning. In order to comprehensively interpret the concepts presented in the video, the analysis operated on the assumption of personal involvement. Therefore, prior knowledge of instructional delivery methods and techniques of maintaining maximum concentration informed the above analysis. Conclusively, knowledge imparting strategies should operate within reliable and suitable epoch in o rder to create free learning environment, instill confidence in the learner, and improve quality of output in line with objectives of a lesson. Irrespective of academic level, inclusive participatory instructional methods is essential. Reference Slavin, R. E. (2006). Educational psychology: Theory and practice. Boston: Pearson Education.

Labour market Essay Example | Topics and Well Written Essays - 3000 words - 1

Labour market - Essay Example mployees as well as maximizing their profits, have resorted to transferring a lot of risks to their employees which makes then to feel more insecure about their positions in employment. Owing to the fact that employees are the most essential requirement of an organization, human resources are becoming de-motivated as well as disturbed. As a result of such disturbance, their rate of performance and devotion towards the assigned duties are reducing thereby declining the total productivity of the organization. Therefore, in order to mitigate such negative impacts of jobs flexibilities, maximum extent of the organizations are now trying to implement the strategy of restructuring and reorganization at the workplace. The statement thus portrays a true picture of what is taking place in the current set up in the labor market. A strategy aimed at reducing rate of employee turnover which is as a result of increased flexibility is thus necessary to be introduced and implemented in organizations. Otherwise, it might result in bankruptcy as well as enhancement of termination or attrition of the workers from the organization thereby declining its brand image and portfolio in the market among many other rival contenders. However, due to attrition, the rate of living standard and life style of the employee. As a result of which, the rate of unemployment and poverty is increasing that make hinder the economic prosperity of a nation or country as compared to others (Kalleberg, 2001, pp. 479-504). Organizations thus need to adopt an approach that is geared towards addressing the various forms of flexibilities that is being witnessed in current times. This essay mainly tries to highlight, the fact that due t o various labour market flexibilities, the rate of job insecurity is increasing and may lead into serious consequences in the labor market. Flexibility in the labor market can be described as the ability of an organization to make amendment to its labor force in regard to the

Managing Communications,Knowledge and Information Assignment

Managing Communications,Knowledge and Information - Assignment Example The increasing importance of services and knowledge in the 21st century has successfully impressed China towards taking concrete steps and measures in the journey of becoming knowledge based society by itself. The information is identified as the basic and fundamental requirement for running any sort and type of business in any part of the globe. The investors on the other hand, are required to have timely and accurate information in order to make effective decisions. The investors in developing parts of the world do not have sufficient information and expertise that are required to take valuable decisions (Richard & Nory 2005). The lack of accurate information in addition with inability to follow economic rationality has repeatedly resulted in significant losses. The investors long for insightful analysis that can help them in making wise choices. The trend of online news agencies is very notably prevalent in developed and emerging parts of the world (Clemons, Gu, & Lang 2002). Thes e news agencies however, conceptualized to cover companies that are operating in advanced countries. The companies that are working in emerging economies are not being effectively covered by the financial news agencies. The increasing levels of Foreign Direct Investment in the featured economic sector of the globe, warrants the creation of permanent analytical facilities that can provide the investors with fresh insights on a daily basis. The target economies of Bangladesh and India will be kept under a bigger microscope as they are the leading and most probable candidate for transforming into leading nations in the future. The demise of America as a superpower in the near future will induce the development of smaller centers of political and fiscal strength throughout the world. The resource interdependencies are going to be more than stronger and because of this reason, national economic systems will become more conducive in the direction of developing and forging productive bilat eral trade agreements. In this way, it will not be a surprise to see South Asian economies emerging as the most profoundly developing sectors. The futuristic investment decisions will have widespread reparations for the entire economic system of the globe (Sachs, Warner, Aslund, & Fischer 1995). The proposed online news agency will keep a close eye on the developments occurring in all of the leading economies of the world. The economic experts from all over the world are invited to comment on the situation of stock markets. The main objective of starting a new business is to efficiently reduce the level of information asymmetry that is famous for prevailing between shareholders and corporate management teams. The developing economies’ citizens do not possess the enough level of comprehension needed to take delicate investment decisions. The important information about stock markets of emerging economies will be gathered through accessing sites such as Google Finance and Yahoo Finance. Based on the information provided by featured online sources, the financial experts are requested to guide investors’ decisions. The proposed online news agency will release list of the most attractive stocks on a daily basis. The financial decisions are supposed to be made after conduction detailed research. The investment decisions in South Asian countries are take in an impulsive fashion and therefore, they are notorious for yielding superficial financial gains.

From what you know about action potentials describe feasible Essay

From what you know about action potentials describe feasible mechanisms whereby anaesthetics might prevent pain - Essay Example Moreover, its pharmacological effect is evidenced by normal laryngeal-pharyngeal reflexes and extreme analgesia. To this end, the drug’s central point of action in the Central Nervous System is the thalamo-neocortical projection area. Consequently, the ketamine discriminately lowers the neuronal action in certain parts of the cortex. This is action is more evident in the thalamus and association areas. At the same time, it stimulates the certain areas in the limbic system and hypothalamus (Reiss, Evans, & Broyles 2002). This ultimately results to functional disorganization of unprescribed pathways in the thalamic and midbrain region. Ketalar equally lowers the impulse transmission within the medial medullary formation in the reticular. This area is critical in transmitting the emotional-affective parts on noiception the higher brain areas from the spinal cord. In addition, the analgesic effects of ketamine are attributed to its occupation of the opiate receptors in the spinal cord and brain. The interaction with the N-Methyl-d-aspartate at times mediates the analgesic and anesthetic action of ketamine (Rosdahl & Kowalski 2008). Moreover, Ketamine’s analgesic effect on the spinal cord is due to the prevention of neuronal action on the dorsal horn wide range dynamic. Evidently, the notion that CNS sodium blockade channels are the mechanism by which ketamine results to anesthesia, has been scientifically dispelled. Anesthesia Related Drugs. (n.d.).hirnforschung.kyb.mpg.de. Retrieved January 24, 2013, from

The Growth of Islamic Financial Services in UK

The Growth of Islamic Financial Services in UK There is huge potential for an expansion of Islamic offerings in the UK financial markets, which will boost Londons position as an international financial centre. (Callum McCarthy,2007) Background Islam is a divine religion and provides guidance for all walks of life. Muslims are currently trying to revitalize the Islamic laws in all fields of life. Especially economic field is in great focus. In 1980s Middle East Muslim countries again tries to put in practice the Islamic financial Islamic laws 1st time and set the foundations for Islamic banking and finance for the world. After that Islamic financial services grew very fast not only Muslim countries but also in Non-Muslim countries. According to FSA (Bank of England and the Financial Services Authority) briefing note (2006) currently Islamic banking and finance is growing from 10% to 15% annually in international market and the main reason of this growth is that Muslim population in Western world and Islamic products are socially responsible. According to Shayerah Ilias (2009) Shariah or Islamic laws are the bases of Islamic finance. Shariah prohibits interest, uncertainty, adherence to risk-sharing and profit-sharing and promote ethical investment and asset backing. S. Ilias (2009) also claimed that currently there is 10% to 15% annual growth in international market for Islamic finance because some researchers argued that Islamic finance brings lots of business opportunities and alternative methods for capital formation and economic development. Among the Western world the demand of Islamic financial market is especially growing in North America and UK, although Muslims are in minority there. According to FSA briefing notes (2006) FSA approved license for the 1st fully Shariah compliance bank Islamic Bank of Britain (IBB) in 2004 and this bank sells Islamic products in consumer market. In 2006 FSA licensed European Islamic Investment Bank that was the 1st independent Shariah compliant investment bank in UK. Aims and objectives Considering the above mentioned historical background of Islamic banking and finance in UK the proposed study aims to further investigate and explore how Islamic banking and finance grew in UK market. Study will explore the motives behind this fast growth and the challenges. Research will further investigate and explore the future scope of Islamic finance in UK. In other world the objective of the research is To explore the growth of Islamic banking and financial services in UK. To find out which Islamic products are commonly sold in UK financial market To explore the reasons of growth of Islamic finance in UK To identify the future possibilities for Islamic banking and finance in UK financial Market To identify the challenges for Islamic banking and finance in UK To meet these objectives proposed research will answer the following questions Whether Islamic banking is growing in Western countries like UK? What kind of Islamic products are commonly sold in UK financial market? What is the Future of Islamic Banking in UK? What kind of challenges Islamic banking and finance can face in Western world particularly in UK? Literature review Islamic banking Ismail Tohirin (2010) argued that Muslims around the world spend their lives under Islamic Rules which are defined by The Holy Book of Quran that is called Shariah law. In Shariah law, all type of interest in Islamic banking products and Islamic finance is forbidden. In Islamic banking, no interest is involved but time value of money and risk considered very important and play its part. Customers and Islamic banking work together on the basis of risk sharing. Both share risks which are already agreed on the terms of investment, profits and losses. According to Laldin (2008) Interest is forbidden in investment of alcohol, pornography and betting. Other banks cannot help Islamic banks or Islamic banks cannot get help to lend. There are different types of Islamic products available for customers. Ijara and Murabha are considered very important products. Historical Background of growth of Islamic banking in UK According to FSA (Bank of England and the Financial Services Authority) briefing note (2006) 3% population of UK are Muslims and nearly half million Muslim visitors regularly visits UK. These facts are the major reason of growth in Islamic banking and finance. Many UK high street bank are offering current accounts and mortgages through Islamic windows. The report further claimed that in Western world the first fully fledged Shahriah bank Islamic Bank of Briton was introduced in 2004 in UK with FSA authorization. London is a major financial center for international firms and Middle Easts banks that offer Islamic products. This also confirms that Islamic finance is growing from 10% to 15% annually at global level. Shayerah Ilias (2009) claimed that internationally modern Islamic finance introduced in 1970s. There is no doubt that currently Islamic has a very small but growing market in global financial market and estimated annual growth rate of Islamic finance is 10% to 15% in last 10 years. He further claimed that Islamic bonds (Sukuk) are gaining popularity in global market. $ 70 million worth Islamic bonds are in global financial market and up to $100 millions are expected in 2010. Global growth of Sukuk from 2004-2007 is approximately more than five folds. This is shown by the following figure (Source Shayerah Ilias, 2009, Islamic Finance: Overview and Policy Concern, DIANE Publishing) Ismail and Tohirin, (2010) also claimed that the growth of Islamic banks is 10-15% per year and there is strong expectation that it will grow further. The recent credit crisis gave further boost to Shariah compliant banking and finance. There are 300 different Islamic Institutions in 51 different countries of the world. The amount of total assets hold by Islamic banks is 822 billion US dollars. In addition, there are 250 mutual funds working around the world which are completely complying with the Islamic banking and financial system. According to CIMB Group Holding Analysis, the rate of growth of Islamic banking and finance is fast than any other financial institution. The rate of growth of Islamic bonds is nearly 24% with the total amount of 25 billion US dollars in 2010. The network of Islamic banking is not only constrained in the Muslim world but it is also spread in different continent and different developed world including America and United Kingdom. Principles of Islamic Banking and Islamic products The purpose of Islamic banking is same as main stream banking system except that it is in accordance with the laws of Shariah. The transactions in Islamic banking system are done with the help of Islamic banking system. The most common terms used in Islamic banking are Riba (interest), Mudarabah (Profit sharing), safekeeping (Wadiah), Musharakah (Joint Venture) Ijara (leasing) Tufakil (Insurance). (Hassan and Lewis, 2007) Islamic Mortgages The banks first purchase the property and then sell it to its customer. Here Islamic banks are not acting as a third party. They get ownership of the property and deal with the customer as first hand party. The banks give ownership of property to its customer from very first day. As bank income is implicit and banks do not charge some additional amount on the late payments. To avoid the bankruptcy, the banks do extensive check of credit worthiness and security measures. This type of agreement is called Murabha. Another approach is called Ijara; this contract is same like real estate and mostly applied on the leasing of vehicle. The customer is charged higher for the product then market value of product. The ownership of product is given at the time of full payment. (Hassan and Lewis, 2007) Partnership (Musharakah) In this type of product the bank and borrowing party make a partnership entity. They both invest in the property. The borrower then gives property at the rent and gets rental income. At this stage bank and borrower both have shares in the property. The borrower then starts to pay the money at the greed amount and banks shares reduce with each instalment. This will carry on until borrower gets all the shares of property for the bank. (Benamraoui, 2008) In case of default both bank and borrower will get the proceeds from sales in certain percentage which is equal to floating market rates, on the basis of BLR (basic lending rate). This is especially applicable in the banking system is dual in nature. Mudarabah (venture capital) In this contract one party provides the finance for a project while other party provides required expertise and labour force. Both the parties get agree in the beginning of contract in case of profit from the project who much will be share of both parties and if project gets failed then in what proportion they will share the shock of loss. Here expert company does not promise to pay certain amount of money back. Rather than that they keep an uncertainty. The logical justification for that is the future is uncertain. A project which is looking very good and there is strong expectation that it will give positive cash flow from the beginning can get wrong and result into loss. On the other hand, uncertain external environment can make a very weak project to a good positive cash generator. In such circumstances, it is not possible for any organization to promise that they will definitely give certain amount of money. (Hassan and Lewis, 2007) In modern banking system, banks normally promise with the investor that they will give them certain amount of money. If due to internal or external economic reason, they get failed, they have to apply for bankruptcy. In this case investors lose whole sum of money. It means if someone makes a promise that they will pay them certain money is actually lie. Islamic banks do not involve in such guarantees. (Ismail and Tohirin, 2010) Islamic Credit Cards Islamic credit cards are accepted in all over the world. These are getting more and more popular due to their benefits which holder of card get and not available through the cards of main stream banks. The holders of card will not have to pay the interest if payment is made before due date. The second benefit of Islamic credit card is that the cardholder can pay Zakat and Takaful online through this card. (Ismail and Tohirin, 2010) Bai Al-Inahl, Quardul Hassan and Al-Wadiah can be applied in Islamic credit card transactions. In this way, Islamic credit cards are complied with the Shariah products. The main stream banks are not providing any of such facilities. The transaction make through Islamic credit cards are interest free and have fixed profit margin if payment on the credit card is late. It does not compound up once payment is not made in time as traditional banks are doing. (Ismail and Tohirin, 2010) SukukÂÂ  (Islamic Bond) These are Islamic financial certificates or in other word, these are Islamic bonds. The investors in the bond do not get the fixed rate of return on investment as interest is prohibited in Islamic economics. The Islamic bonds are classified into tradability and Non-tradability. The total worth of Islamic bonds in next ten years framework would be 1.2 trillion US dollars. The holder of these bonds profit at the rate as the investor is returning to issuer Company. The issuer of bonds set the terms and conditions of its shares in profit. However, investors also share some risk of loss. To avoid the risk the investment project is carefully monitored in the beginning of contract and during the life cycle of project. (Laldin, 2008) Main drivers of Growth M. Ainley et al (2007) argued that there are six main reasons of growth of Islamic financial services in UK No Reason of Growth Explanation 1 Global expansion Islamic finance is growing very fast in the world. Islamic banking 1st introduces in 1060s in Middle East and grows very fast and now its market size is approximately ÂÂ £250bn globally and nearly 300 financial institutions are offering Islamic financial products. This fast growth has affect UK market too 2 Liquid Markets Londons financial market is very flexible, innovative and liquid. UK financial industry is very famous for developing and delivering new financial products 3 Islamic windows Many global banks and financial institutes are working in Middle East and South East Asian countries and have gained a very experience of local market where Islamic banking is growing very fast. So these international banks like Citi, HSBC etc have established Islamic windows that sell Islamic products with their normal routine business. 4 Excess Liquidity in Middle East Excessive Liquidity in the Middle East countries have encouraged the growth of Islamic as well as conventional assets and local financial markets are not capable enough to manage financial activities and large investors starting considering international financial markets. 5 Public policy and regulation UK government also have changed public policy and taxation and developed a taxation policy that is both applicable for both Islamic and conventional financial products 6 Single financial regulator UK government have developed 11 different financial regulators into one by introducing the Bank of England and the Financial Services Authority (FSA) that has increased the result in improved access to Islamic banks and Islamic financial products (Source M. Ainley et al, 2007, Islamic Finance in the UK: Regulation and Challenges, Financial Service Authority accessed from http://www.fsa.gov.uk) Challenges for Islamic finance in UK According to Clive Briault (2007) currently Islamic banks are facing the same challenges as conventional banking but there are some risks which are affecting Islamic banks only. But he mentioned two challenges in particular Risk Management Clive Briault (2007) argued that it is very difficult to manage risk for Islamic finance because many risk management tools that are used by conventional banks or firms are not compliant to Shariah. So there is a big challenge for Islamic finance to develop the tools for risk management. He used the example of Mudaraba and claimed that this product have the same effects in term of liquidity as conventional banks interbank deposit and FSA have concern that how Islamic banks will manage risk for that products. Diverse opinion among Shariah scholars Clive Briault (2007) also claimed that 2nd main concern about Islamic banking is that there is a difference in opinion among Shariah scholars about the different products and FSA a secular regulator not religious so it is difficult for FSA to determine which product is Islamic product and which is not. Research Gap and significance There is no doubt that Islamic Banking and finance is a very hot topic in Western world. Many researchers have presented the growth history and mentioned the annual growth rate of Islamic finance in UK. But less focus is given on the reason of this fast growth, its consequences and what will be possibilities for Islamic finance in future in UK finance market and what could be the challenges for Islamic products in UK. So proposed research will critically review the information provided in literature and will explore the possible reasons of this fast growth and will also try to figure out the possibilities of future growth and challenges in UK market. Research Methodology The title of the research suggest that researcher is exploring the growth of Islamic finance in UK, so proposed study will be exploratory research in which research will explore the available literature to find out how Islamic finance make its way in UK financial market and how it have been growing till now. Researcher will further explore through research papers and FSA reports and articles that what could be the future scope for the Islamic finance and banking. Researcher will also try to find common Islamic products offered in UK financial market through Islamic banks or Islamic windows and what could be the possible challenges for the Islamic finance. Secondary Data According to Fowler (2008) secondary data is a data that is taken from already available data that is collected by other researchers or government agencies for their own purposes. The sources of that data is any kind of published material in form of books, articles, researcher papers, reports etc. As mentioned above that proposed study is exploratory in nature, so secondary data collection method will be best because Islamic banking and finance is very hot topic in the west especially in UK and many Muslim and Western scholars are trying to figure out the future of Islamic finance. It is also mentioned in literature review that researchers claim that Islamic finance is the most growing sector in international financial market. So for exploring all these reality secondary research will be best and researcher will explore already published research and will identify the future scope and challenges for Islamic finance in UK market. Qualitative approach For proposed study qualitative approach will be adopted to explain, interpret and analyze the information gathered through secondary sources. Researcher will try to find out the trends and patterns from available information qualitatively to understand the possible scope and challenges for Islamic finance in UK. Denscomb M (2007) argued that in qualitative approach data is presented in words and images. This approach is adopted where researcher deals will problems related to social sciences or researcher try to explain the points using words or images. In proposed research, researcher is also using words and images to explore and explain the facts regarding Islamic finance. But researcher will not restrict him/herself to qualitative approach and will also use numbers and figures if needed. So researcher will mostly rely on qualitative approach but also can use qualitative data. Quantitative approach According to Denscomb M (2007) in qualitative approach data is collected or analyzed using numbers or figures.

E. M. Flemings Model of Artifact Study and the Work Boot :: Sociology Society Culture

E. M. Fleming's "Model of Artifact Study" and the Work Boot The work boot has become a hot item for many girls and young women. This artifact of appearance may reveal a lot about American culture and society in the 1990's. By applying E. M. Fleming's "Model of Artifact Study", I will analyze this artifact in an attempt to shed some light on the values, priorities, and ideals of our society. Just like Fleming's model suggests, this paper will be broken down into four major sections: Identification, Evaluation, Cultural Analysis, and Interpretation. Identification The Eastland work boot that I am referring to in this paper is shown below. It was manufactured in Freeport, Maine. Click on the picture for a catalog description from JCPenney. This is a wheat-colored, waterproof, plain-toe (as opposed to steel-toe) boot made for women. The soft Nubuck leather feels almost velvety. It has a thick rubber sole which looks like a gum eraser with a complicated traction pattern. The boot seems to be put together mainly by stitching and in most places, only one row of stitching is used. The only area that looks as if it may have the additional help of glue, is where the sole meets the leather-upper. It is clearly stitched here as well, but the stitches are coated with glue (possibly to help keep these stitches dry). The shoe-strings, which look like yellow and brown cords, are laced through a total of twelve holes (called "eyes") on each boot. There are six "eyes" lined up vertically on each side of the tongue. In this way, the shoe-strings can be laced in the traditional criss-cross pattern forming five "X's", one above the next, up the front of the boot. These "X's" are located in front of the tongue. The ends of each shoe-string are tied in a bow which lies flush against the highest "X". At the top of the boot, there is padding built into the collar that wraps around the back of the calf, just above the Achilles' tendon. This area doesn't seem to be made entirely of leather. Instead, it seems as if this cushion is made from a very thin, darker brown, soft leather lining stuffed with foam. Overall, the boot is very light-weight, weighing only 2.8 lbs. Evaluation It is interesting to compare this boot, worn for fashion, to the ones worn by construction workers, for durability and foot protection. These real work boots, designed for men, are shown in the picture to the right.

Does language play roles of equal importance in different areas of knowledge Essay

When a mother yells at her child using her child’s full name, the little fellow recognizes that he or she should not have emptied his or her mother’s perfume just so the child could see the cat sneeze. When the ballerina finally reunites with her first lover after fifty years, one can also feel the happiness as if the feeling physically emanates from the theatre and enters the embrace of the individual. Indeed, language plays many different roles in the various areas of knowledge. Language is a means for interpreting and expressing the world surrounding an individual. Language can be defined into primary and secondary levels. The primary level of language is verbal language and the secondary level of language is visual language which includes body language and facial expressions as well as gestures such as raising a flag. Knowledge can be defined as different types of justified beliefs which humans hold. There are three essential elements of every knowledge claim. What we hold to be knowledge must contain ‘truth’ inasmuch as it must not only be a belief but one that is justified. Knowledge must contain truths. A proposition that a subject does not ‘believe’ cannot be a proposition that the subject ‘knows’ leads to the idea that knowledge requires belief. Finally, knowledge requires ‘justification’ which contains the reasons and explanations of how something is ‘true’. This gives one a working definition of knowledge as ‘justified true beliefs. ’ Beliefs arise due to many causes. However, when beliefs are ‘caused’ they may not immediately qualify as knowledge. It is important for beliefs to be derived from sources which are reliable. There are five sources of knowledge: perception or senses, introspection, memory, reason and testimony. Knowledge can be subdivided into six distinct areas: Mathematics, Natural Sciences, History, Human Sciences, Ethics and Art. These six areas are not exclusive and can overlap with one another. For example, a scientist analyzing global warming may discover ethical considerations and may have to study historical data e. g. meteorological data in further analyzing the subject. One can see that the study of Natural Sciences may involve other areas of knowledge. Hence, the six areas are dynamic and overlapping. These six areas are also culturally dependent: for example, in some cultures there is no corresponding word for ‘art’. We now intend to look more specifically at the areas Art, Mathematics and History. These three specific Areas of Knowledge were chosen in order to give a wider perspective of the differing roles of language in the various areas of knowledge. The paper will reveal how the roles of language vary in importance in communicating knowledge of the world. By considering the field of Art, one must note that Art can be a function of language used to express the ‘self’ through the use of body languages, signs, actions and objects created with the intention of transmitting emotions and/or ideas. Art goes beyond the expressions words possess by giving one both abstract and concrete visual manifestations such as dances, symbols and art paintings. Art can reveal more than what words can express; the saying â€Å"a picture paints a thousand words† may very well prove this point. A smiling face can mean more than just being happy—it can also mean excitement and gratefulness. It appears, then, that there is no strict limit on the number of interpretations for any given picture. Different social backgrounds and cultures may interpret a piece of art uniquely and with different connotations. For instance, the color ‘red’ means luck and prosperity in Chinese culture while on the other hand ‘red’ amounts to danger from the perspective of the America culture. Further, the meaning of a painting or a piece of text depends upon the subjects’ interpretation. Since interpreting a piece of text is more strict and straightforward, consensus should be more easily reached. The meaning of the words of a text seems to be more objective and fixed and therefore it is more possible to agree on one interpretation of the text. On the other hand, a painting, sculpture, or any object that is labeled as ‘art’ can be interpreted in many ways. The artwork’s meaning appears to be more ambiguous than the meaning of a text. For instance, De Kooning’s paintings of women—reminiscent of abstract painting—are done with bold, slashing and swirling brush strokes which may signify grotesque imagery, violence and carelessness on one side and may signify glorification or even obsession on the other. The second Area of Knowledge to be considered is Mathematics. Mathematics uses symbols to express truths about the natural world. The use of Mathematical symbols is a manifestation of language which is a powerful way of expressing natural truths. Are these truths more valid or justified than verbal ‘truths’? Mathematical symbols do have a very strict meaning and are more exacting than one’s use of words. The case of ‘1+1=2’ seems to be logically true and expresses an external and natural truth about the world. With this, Mathematics can explain how the world actually works. However, Mathematics is only one limiting way of understanding and expressing truths about the world as it allows one to express knowledge of space and time while being futile in expressing human behavior and emotions. Some Mathematicians also claim that the language of Mathematics is the best and the most accurate way of expressing knowledge. However, can Mathematics express human emotions which are by nature very subjective? Mathematics limits an individual by merely granting one the capability to express ideas which are reducible to logical symbols. Mathematics is unable to help one express abstract ideas such as the nature of ‘beauty’, ‘virtue’ or ‘goodness’. Lastly, History uses words to obtain a written record of the past. Unlike Mathematics and Art, History seems to allow the individual to express human behavior, beliefs, ideas and emotions more fully and more accurately. It also attempts to arrive at a consensus on the true nature of past events. Since the meanings of words can vary over time, the study of a historical document may lead to ambiguity and misunderstanding among historians. For instance, although it is understood that the hieroglyphics of Ancient Egypt are symbols that tell a narrative, deciphering the precise meaning of the individual hieroglyphics is not only tedious but also unreachable. Egyptologist can only ever make an educated guess about the meanings of these symbols. The same holds true about the study of Ancient Languages such as Latin or Anglo-Saxon. Even Modern English is made up of three layers of vocabulary: Anglo-Saxon (with additions from the Old Norse), French and Latin (with additions from Greek). The roots of language become lost over time thereby obscuring the meanings of the words. In essence, a study of History, which depends on the study of ancient text, reveals how the meaning of words can fail the individual. Although words can help express human’s needs, emotions and wants, the use of words has many limitations. Since a particular word such as ‘cool’ has multiple meanings, how can a group of individuals be certain that they are referring to one and the same thing? Moreover, people from different cultures or social groups may understand ‘cool’ in very different ways. Yet, while language through words plays a primary role in communication, even the slightest variation of the word’s meaning limits people from understanding even simple statements. Further, language translations may not always be accurate. The inaccuracy of translation amounts to the failure of fully comprehending the meaning of a foreign language. A slight misunderstanding of the words appears inevitable. For example, the Chinese idiom will always be less significant than understanding the phrase in Chinese however hard people try to translate the meaning. Languages fail to fully express intuition because words oftentimes do not completely justify or express the feelings of individuals. The connotation of words makes their meaning and usage subjective. People from different cultural and social backgrounds may interpret words and ideas quite differently. For example, how does one define the word ‘love’? The abstract and diverse meaning of ‘love’ means we may have different definitions of the word and therefore misunderstandings are not farfetched. We cannot define words with words which are coherent enough to prevent the meaning from becoming ambiguous. In spite of all these, language remains a vital and important tool for humans to communicate their thoughts and ideas—as John Stuart Mill once said â€Å"language is the light of the mind†. The different roles of language forge friendships, business associations and cultural ties. While the discussion is confined to a brief discussion of the roles of language in only three areas of knowledge, one can see that language, although ambiguous and subjective at times, is still the most powerful tool individuals have in expressing knowledge of the world surrounding humanity.

Crime Among the Immigrant Teenage Population essays

Crime Among the Immigrant Teenage Population essays The criminal population of immigrants and illegal aliens is on the rise. Not only has crime escalated within the years, but the number of immigrants in itself has gone through the roof. Most of the immigrants in our country today are illegal aliens. From the time you woke this morning to the time you go to sleep tonight, 10,000 illegal aliens will have flooded into the United States from and through Mexico. Tomorrow, the same will happen. In the past 7 years, the estimated number of illegal aliens residing in the U.S. has grown from 5 million to between 9 and 11 million. There are currently as many as 115,000 illegal immigrants from Middle Eastern countries living in the United States. In addition, there are over 400,000 illegal immigrants who continue to live in the U.S. despite having received orders from judges to be deported. Largely unknown to most Americans is the large percentage of the nation's incarcerated criminal population representing the failure of those agencies responsible to protect this nation against the dangers posed by illegal aliens. (American Policy Center). A majority of teenage crime among immigrants is due to the alarming increase of poverty, lack of education, no sense of identity, and the fact that most of them are not in school and do not have jobs. An excessive amount of immigrant families are currently living in poverty and are poorly educated, if educated at all. Poverty is a situation in which a person's family income falls at or less than the official federal poverty threshold. In defense of the recent immigrants, they are not completely at fault for their poverty because of the changes within the economy. It is important to keep in mind that the challenges of the new economy have hit immigrants especially hard because of their comparatively low educational attainments and maternal labor force participation. Poverty increased among children of immig...

Current Infrastructure Bottlenecks Of Indian Aviation Industry Tourism Essays

Current Infrastructure Bottlenecks Of Indian Aviation Industry Tourism Essays Current Infrastructure Bottlenecks Of Indian Aviation Industry Tourism Essay Current Infrastructure Bottlenecks Of Indian Aviation Industry Tourism Essay Air travel is a big and turning industry in the universe as it facilitates touristry, international investing and economic growing and therefore helps in globalisation in many states. Travel for concern and leisure has increased well in last few old ages, except at the clip of recession. Exhibit Business travel has increased due to the unfastened economic system of many developing states which consequences in smooth entry and issue of the companies in footings of their trading policy, clients, investings and supply and production ironss. Developing states besides realized the importance of touristry which brings-in more foreign currency in their economic system and which helps in developing resorts and substructure to pull international tourers thereby increasing the figure of air travelers ( Standford University web site, 2000 ) . The planetary air power industry is expected to turn at a Compounded Annual Growth Rate ( CAGR ) of 5.6 % in the period of 2004-2024. It is forecasted that the major conventional matured air hose markets like US and Europe will hold market portion of 52 % in 2025. Exhibit shows the air traffic distribution all over the universe. At present it is chiefly shared by US, Europe and Asia Pacific states. Exhibit shows the jutting growing rate of these Asia Pacific parts in the period of 2006 to 2025. Therefore, the future growing of air hose industry lies in this Asia Pacific part chiefly China and India. ( LLC, 2007 ) Aviation Industry in Asia Pacific In the approaching old ages, this part is forecasted to be the highest turning part in the universe air power industry. ( Exhibit- sh ows the forecasted informations till 2029 ) . The dynamic nature of economic system is the cardinal factor in this market. The cardinal indexs for the growing of this industry are: GDP Airplane fleet Number of riders Airline traffic Cargo traffic The universe air power industry organic structure International Air Transport Association ( IATA ) had said that bearers in the Asia-Pacific part chiefly India and China have posted highest net incomes of $ 7.7 billion in 2010, catching air hoses in North America and Europe. Emerging markets like China and India have shown great chances for civil air power sector in the recent old ages. The volume of riders and lading has increased by around 7 % in 2010 compared to in the twelvemonth 2006. Freight traffic in Hong-Kong, one of the major lading hubs in the universe has grown by 34 % . Shorter draw winging, including domestic and international travel within the part will turn 7.1 % per twelvemonth. Air cargo growing is estimated to be 6.8 % per twelvemonth during the following 20 old ages. In order to run into the demand of turning riders and lading, the figure of aeroplanes will about triple from 4110 in 2009 to 12,200 in 2029 shown in exhibits ( ) . ( Boeing website ) Indian Aviation industry India is the 9th largest air power market and one of the fastest turning industries in the universe. It has grown by about 400 % in a short span of 6 old ages. Government s unfastened policies have allowed many abroad participants to come in in the market ensuing in growing both in footings of participants and figure of aircrafts. By now, around 75 % of the domestic market is owned by private companies. ( Aviation industry in India, 2009 ) Earlier, air travel could merely be afforded by few people and that excessively chiefly for concern intents. But now, with low menus due to increased demand and competition, figure of riders has increased drastically. The growing rate of figure of riders in India can be seen in exhibit figure. India s civil air power rider growing, at around 20 per cent, is among the highest in the universe. The sector is slated to cruise far in front of other Asiatic giants like China or even strong economic systems like France and Australia. The figure of riders who will be airborne by 2020 is a humongous 400 million harmonizing to Kapil Kaul, CEO, India and Middle East, Centre for Asia Pacific Aviation. ( Overview, Indian air power Industry, 2009 ) Noteworthy grounds for monolithic growing of the industry are- Rise in Indian economic system Liberalization of air power sector Low Cost Carrier ( LCC ) flights Government policy of 100 % equity allowance in Greenfield airdromes Low entry barriers Exponential addition in tourist figure due to open sky policy Glamour of air hoses The liberalisation has lead to the entry of private operators for concern chances in India. The air hoses choose an aircraft which is fuel efficient in order to supply low menus. More and more air hoses are looking for fuel efficient aircraft thereby, increasing the competition in the market taking to immense cut in air menus ensuing in monolithic growing of the industry. This growing has increased Indian GDP above 8 % degree. Furthermore, it has besides resulted in the addition in air traffic at a rate of 25 % in the travel section which is four times above international norm. ( Role of air power in Indian GDP ) Servicess provided by Aviation Companies Different types of services are provided by these air power companies: Normal rider scheduled flights Cargo Sevices Charter flights for pilgrims journey in India Heli-sightseeing Corporate jets Executive jets Hence there are different types of clients in the different sections both regional and international. History Indian air power industry was introduced in 1911 with Karachi-New Delhi flight. In 1932, JRD Tata foremost introduced Tata air hoses which in bend converted to Air India in 1946. In 1953, Government of India nationalized all air hose assets and formed Indian Airline Corporation for domestic air services along with Air India for international services. Until 1991, these two companies played monopoly in India. In 1991, Government of India allowed private companies to run hired and non-scheduled air hoses to elate Indian touristry, followed by allowing scheduled services in 1994. After that, major alterations have occurred in this section merely in last decennary i.e. after 2000. ( Aviation Industry in India, 2009 ) The decennary started with merely three place grown participants in the market- Air Sahara, Jet Airways and Air India. In 2003, Air Deccan came into the section and introduced low airfare bearer, doing the common adult male s dream of winging, come true. It created revolution in the industry and many more budget air hoses like Spice Jet, Go Air and Indigo followed to come in in the market in following three old ages. At this clip, Kingfisher air hose was introduced and acquired Air Deccan. At the same clip, Jet Airways bought out Air Sahara. This sudden outgrowth in the air power sector forced authorities to privatise major tube airdromes. Due to so much of denationalization, Air India started doing losingss and Government eventually merged Air India with Indian Airlines. Soon after, planetary crisis occurred and air power industry took a difficult hit. Fuel monetary values soared, air traffic dipped. No company made a net income at this clip and many were approximately to shut their services. By the terminal of November 2009, air power sector has accumulated loss of around 1.7 billion USD. ( A decennary of roars and bust-ups for the air power industry, 2010 ) Current Infrastructure of Indian Aviation Industry Civil air power forms a really of import substructure in hiking trade and commercialism. About 30 % of India s foreign trade is handled by airdromes. Key findings of current Indian air power substructure are- Presently, there are 454 airdromes and flight strips in India out of which, 16 are international and 111 are domestic airdromes. 97 Airports are operated by AAI ( Airport Authority of India ) . A Greenfield airdrome is already operational at Bangalore and one at Hyderabad is traveling to be operational shortly. Delhi s IGI Airport is concern airdrome presently managing an norm of 843 flights per twenty-four hours. Hyderabad airdrome ranked among top five airdromes of India in one-year Airport Sevice Quality ( ASQ ) Survey. It is managed by public private joint venture of GMR group, Malaysia Airport Holding Berhad and State Government of Andhra Pradesh. India presently owns 335 aircrafts which is likely to increase to 1000 by 2020. ( Overview, Indian air power Industry, 2009 ) Air Traffic In the recent old ages, the free flow of goods and services in these emerging economic systems has contributed to increased air traffic and accordingly demand for new aeroplanes related services. Exhibit-2 shows the increasing demand for aeroplanes and their carrying capacity in the following 20 old ages which indicates the hereafter job of air traffic. The demand of the figure of aeroplanes after 20 old ages is about dual as compared to the present degree. From the exhibit, it can be seen that the highest addition in the demand of the size of aeroplanes is in the class of the individual aisle aeroplanes, which means that it will take to a serious job of air traffic and the handiness of airdromes. Harmonizing to Air India, while the domestic market witnessed a growing of 22 per cent in the January-April period this twelvemonth compared to the same period last twelvemonth, its domestic traffic posted a growing of 26 per cent. ( Air India clocks 16.7 % growing in figure of riders, 2010 ) Exhibit 3 shows that there is a direct relationship of GDP of a state to the air traffic in the last four decennaries. Hence, in the underdeveloped states like India wherein GDP is expected to turn at a faster gait, the growing of air traffic is right forecasted to be enormous. Future Challenges: As India have placed the biggest order for aircrafts globally it s an indicant to the addition in the handling problems- Pushing more private participants in airdrome activities Modernization of air hoses fleet to manage the turning competition Rapid enlargement programs for the major airdromes Development of regional airdromes Airline foreign investing and liberalisation stimulates competition, provides riders more picks and lowers ticket monetary values therefore increases the demand for air travel, lending to GDP growing. Recent progresss and investings in this industry show concealed potency and its growing narrative. This growing provides hassle free service to more clients and finishs and creates more occupation chances and growing for several other air power related concerns. Current Infrastructure Bottlenecks of Indian Aviation Industry As seen from the given informations of this study, Indian air power industry is one of the fastest turning industries in the universe. Number of riders in 2009, going through air hose was 393.53 deficiencies. This figure has increased by 18.93 % to 468.09 deficiencies in 2010. This is estimated to be turning to two to three creases till 2020. While the figure of riders and demand for other services are increasing with an astonishing growing rate, the figure of airdromes, aircrafts and overall investing prognosis shows that there is traveling to be immense demand supply spread in approaching hereafter. ( Corporate News, india Infoline, 2010 ) In the 11th Five twelvemonth program ( 2007-2012 ) , the authorities noticed the increasing growing rate of air power industry and taken stairss to better overall substructure of the industry. 11th program showed a monolithic budget for puting in air power industry which is about 3 times more than old one But even after these attempts, the demand is increasing to such a degree in last 2 old ages i.e. after delicate recovery from crisis that substructure is once more going the constriction of the air power industry. ( Eleventh Five Year Plan ( 2007-2012 ) , 2007 ) Key points of current constrictions of air power industry are- Lack of aircrafts- The growing in the first-half of 2010 has been 22 per cent. However, it will non prolong and we think that about 12-15 per cent will be a sustainable 1. Indian air-carriers entire fleet-size presently stands at 335 and at a rider growing rate of 12-15 per centum yearly, they will necessitate 35-40 planes per twelvemonth to run into this demand. India will hold the highest growing in the following 20 old ages on a sustainable footing. Said Dinesh Keskar, Boeing India president. The demand prognosis boulder clay 2020 shows that there will be around 100 million for air power industry in 2020 ( Aviation industry in India, 2009 ) . That means India s air power substructure must be adequate to manage 100 million clients in 2020, which is about 20 times the present 1. The growing rate in air power substructure is far less than required and it does nt look to be carry throughing demand in 2020. And even at present, there is less figure of aircrafts and airdromes. So thi s issue, if non handled decently, will hold a snowball consequence on the industry and traveling to be a major issue in approaching old ages. Lack of skilled manpower- Skilled work force helps proper control and back-up to several schedule/ non-schedule operations. There is a deficit of skilled work force and Air Traffic Controllers ( ATC ) in air power industry, which in bend, leads to a cut-throat competition for employees as a effect of which, rewards rises to an unsustainable degree. It once more hampers the growing of the industry by increasing overall costs of the air hoses and therefore cut downing demand. Another issue of concern of unequal work force is that unskilled or semi-skilled employees are non capable of managing demand expeditiously. This issue besides creates a constriction in the industry. Overall we can state that in approaching old ages, this is traveling to be a large concern for air power industry and will halter growing to a major extent. ( Indian Aviation Industry: Issues A ; Challenges ) Lack of Airports and other related facilities- Due to less figure of airdromes and their single capacities, congestion costs are increasing. Many flights get delayed due to inadequate substructure installations. This in bend, increases the overall operating costs of air hoses ensuing in fewer net incomes particularly for low cost bearers ( LCC ) air hoses. This forces air hoses to increase their menu which is damaging to growing of the industry as increase in menus leads to decrease in demand. Besides, regional connectivity is a large issue in haltering growing of the industry as more and more metropoliss are developing in footings of concern and investings. For illustration, Bhopal, capital of Madhya Pradesh, has a limited airdrome capacity and flights are available merely for Delhi and Mumbai. Other installations at airdromes, like eating houses, besides have limited capacities as compared to demand. Recommendations: Efficient direction of this Airport substructure can be achieved by increasing engagement of private sector Proper coordination with other manners of conveyance for trade and travel should be emphasized Proper universe category substructure need to be done in order to keep the turning demand and guaranting maximal use of available capacities. The development and execution of the modernisation of Air traffic direction will increase system capacity ; lower operating costs for the air power companies, reduces fuel burn, and improves the rider s experience as holds and cancellations are reduced. Due to the deficiency of substructure betterments, capacity restraints will impede industry growing. Giovanni Bisignani, Director General and CEO of the International Air Transport Association ( IATA ) , has called on India to give way to the attempts in determining future air power policies, including environment and commercial freedoms. In a few old ages, Asia Pacific will be the largest individual air power market. India is a cardinal driver of that growing. India s tremendous size makes it an of import market. ( Overview, Indian air power Industry, 2009 ) The Road Ahead Government Actions: A jutting investing of $ 8.5 billion is planned in 11th program for the development of Indian airdromes. Another Greenfield airdrome is planned at Navi Mumbai by public private partnership. Over the following five old ages, Airport Authority of India has planned a monolithic investing of US $ 3.07 billion 43 per cent of which will be for the three tube airdromes in Kolkata, Chennai and Trivandrum, and the remainder will travel into upgrading other non-metro airdromes and modernizing the bing aeronautical installations. The demand for corporate jets in India has gone up well in the past few old ages and is likely to turn double by the terminal of 2011. To further fuel the quickly turning private jet industry, the authorities has programs of developing over 300 excess flight strips in the state. The work will be carried out in a phased mode subsequent to the enlargement and development of 35 non-metro airdromes by 2010. The authorities programs to concentrate on flight strips near major metropoliss in order to alleviate major airdromes from their burgeoning traffic. Additionally, the authorities is besides sing a new policy to allow private flight strips in the state. The Indian civil air power curate, Praful Patel has said that India will necessitate around 300 to 400 private jets in the following three to five old ages. The demand for private jets can even see a growing rate of about 50 per cent on a year-to-year footing. A sum sum of $ 110 billion has been planned to be invested till 2020, out of which $ 80 billion is for adding new aircraft. The air power ministry is be aftering to put the staying $ 30 billion for overhauling the bing airdromes in order to manage the turning figure of riders every twelvemonth. ( Overview, Indian air power Industry, 2009 ) Exhibit 1: Growth of air power industry part wise and its steps hypertext transfer protocol: //www.boeing.com/commercial/cmo/images/cmo_overview_chart3_lrg.gif Beginning: hypertext transfer protocol: //www.boeing.com/commercial/cmo/images/cmo_overview_chart3_lrg.gif Exhibit 2: Demand of Airplanes by type ( Worldwide ) hypertext transfer protocol: //www.boeing.com/commercial/cmo/images/cmo_overview_chart2_lrg.gif Exhibit 3: Forecasted growing and portion of fleet hypertext transfer protocol: //www.boeing.com/commercial/cmo/images/cmo_asia_pacific_chart2_sml.gifhttp: //www.boeing.com/commercial/cmo/images/cmo_asia_pacific_chart3_sml.gif Beginning: hypertext transfer protocol: //www.boeing.com/commercial/cmo/asia-pacific.html Exhibit 4: Direct relationship between GDP of a state and the air traffic growing hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p32.jpg Beginning: hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p32.jpg Exhibit 4: Market portion of different Indian air power companies Name of the company Market Share Jet Airways and Jet Lite ( antecedently Air Sahara ) 26.2 % Kingfisher Airlines and Kingfisher Red ( antecedently Air Deccan ) 19.1 % Anil 17.3 % NACIL 17.1 % SpiceJet 13.3 % GoAir 6.9 % Exhibit 5: Market portion of different economic system hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p45.jpg Beginning: hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p45.jpg Exhibit 6: Forecasted Traffic volume in 2028 in footings of multiple of current volumes hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p53b.jpg Beginning: hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p53b.jpg Exhibit 7: Forecasted traffic volume in footings of Numberss hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p55b.jpg Beginning: hypertext transfer protocol: //www.airbus.com/en/gmf2009/data/images/p55b.jpg Exhibit 8: Forecasted air traffic in India web.png Mentions Retrieved from ( hypertext transfer protocol: //www.investopedia.com/features/industryhandbook/airline.asp ) on 14 Jan 2011 Retrieved from ( hypertext transfer protocol: //www.boeing.com/commercial/cmo/asia-pacific.html ) Retrieved from ( hypertext transfer protocol: //adg.stanford.edu/aa241/intro/airlineindustry.html ) Retrieved from ( hypertext transfer protocol: //www.aci.aero/aci/ACIAPAC/Download_Files/Speech_KL_Jun10.pdf ) Retrieved from ( hypertext transfer protocol: //www.ibef.org/download/airport_upgradation.pdf ) Retrieved from ( hypertext transfer protocol: //www.boeing.com/commercial/pdf/geopolitical_trends.pdf ) Retrieved from ( hypertext transfer protocol: //ideasfirst.in/Admin/Downloads/Reports/847907347_Final % 20for % 20Company % 20Section.pdf ) Retrieved from ( hypertext transfer protocol: //www.business-standard.com/india/news/leasing-market-to-fill-demand-supply-gap-in-india-boeing/104119/on ) Retrieved from hypertext transfer protocol: //www.naukrihub.com/india/aviation/overview/challenges/

Case 93,Electro Technology Study Example | Topics and Well Written Essays - 750 words

93,Electro Technology - Case Study Example The present value of the cash flows could then be calculated. Benefits of using this method are that it takes into account the growth potential of the business. The assessment obtained is also based on timing and size of cash flows and risks involved. They directly relate to the debt servicing ability of the firm and hence the amount that should be lent by the bank. The shortcoming of using this method is that it is grounded on expectations on productivity, threats and market circumstances. The extreme hypothesis is that the workshop test could be altered to a mass plant engineering process. From the data offered, there is no material on how statistics on the balance sheet or the discount rate were arrived at or rules behind the figures. A liquidation value could be obtained from these assets and used in deciding the amount of the loan. This curtails the risk for the bank as very few assumptions are made. It also avoids the difficulty and risks in including a value for intangibles (Brigham and Daves, 2010). The drawback of using this method is that it disregards the growth potential of the firm. The key value of Electro-Technology Corporations is the potential of capitalisation of its patented rights. The tactic here involves adjusting the book values for market values for all assets and liabilities on the balance sheet. Intangible assets not included in the balance sheet are added onto the net market value to obtain the adjusted tangible book value (Brigham and Daves, 2010). This may give a fairer value of the companys worth. In addition, it includes intangibles such as patent, which is a significant component of Electro-Technology Corporation assets. The drawback of this process is that intangibles are hard to value. The value of the patent that Electro-Technology Corporation owns lies in its contribution to the firms growth potential. However, there is great subjectivity involved in valuing the patent. The adjusted tangible

International marketing (Automobile Industry) Essay

International marketing (Automobile Industry) - Essay Example This is mainly due to the presence of varied types of innovative features within both domestic and commercial range of vehicles (Belohlavek, 2008). So, prior entering such a competitive market segment, any new organization need to analyze the requirements and demands of the customers. Only then, the new product line might position itself among other rivals of the market. Along with this, it might create a significant brand image and reputation in the market (Belohlavek, 2008). Company profile Jaguar land Rover is a popular British multinational organization operating successfully in automobile sector since 2008. It is entirely a subsidiary of Tata Group after acquiring it from Ford Motors. It is headquartered in Whitley, Coventry, of United Kingdom comprising of about 25000 employees in the year 2012. Due to the implementation of varied types of new and innovative features, the demand and craze of the product lines like land Rover, Marques and many others enhanced to a significant extent. As a result, it brand image and revenue of the organization also enhanced resulting in amplification of its net operating income by  £2.402 billion by the year 2013. And its net income also increased by  £1.215 billion by the year 2013, that proved extremely effective for the organization of Jaguar land Rover(Jaguar Land Rover Limited, 2013). Marketing Mix of Evoque Targeted At the Low End Of The Market Marketing is described as a process with the help of which the products and servi ces of an organization or brand originates, priced, promoted and finally distributed to the customers. With the help of this process, the image and demand of the products of a specific brand attains popularity and reputation in the market among others. However, the procedure of marketing becomes fruitful only with the help of effective marketing mix (Wendorth, 2009). Marketing mix is a strategy that comprises of 4P, namely product, place, price and promotion. It is with the help of all these 4P’s the popularity and popularity of the product might be analyzed in the market among others. Not only this, these 4P’s of marketing mix are also essential of a product or brand, while entering a new market or place. In order to enter the low end of the market, where the economic condition of the individual are extremely low, the marketing mix strategy of Evoque need to be developed very cautiously. So that it might surely prove effective for both the brand and the product line l eading to improvement of its image and equity among others rivals (Wendorth, 2009). Product: It is the first point of marketing mix divided into three sub parts namely: brand, innovative features, quality. Brand Image: The brand image of Evoque range of products or vehicles is extremely high in the market due to the presence of varied product lines such as land Rover, Marques and many others. It is also one of the most preferred brands due to eye-catching features of the tires like pitch design technology, centre rib blocks, M&S treads so as to present a