Sunday, August 23, 2020

Unconditional Love in I Stand Here Ironing and Everyday Use free essay sample

Ashley Gillette Professor Grimes ENG 171 24 June 2010 Unconditional Love in â€Å"I Stand Here Ironing† and â€Å"Everyday Use† Unconditional love is a term used to depict total love. It is love without any cutoff points or conditions (â€Å"Unconditional†). I Stand Here Ironing by Tillie Olsen and Everyday Use by Alice Walkerâ are anecdotes about a moms unrestricted love toward her girl. The two stories come from an extraordinary blame felt by the mother’s in every story. Both mothers’ feel regretful for the issues that their girls face. Emily’s mother thought of Emily’s adolescence as she pressed. Figuratively, Tillie Olsen depicted the mother pressing her daughter’s dress as she intellectually endeavored to â€Å"iron† out her daughter’s adolescence and their relationship. Through a continuous flow monolog, the peruser could detect that Emily’s mother lamented her choice to have the ladies beneath their loft infant sit Emily while she worked (or searched for an occupation). We will compose a custom exposition test on Unequivocal Love in I Stand Here Ironing and Everyday Use or then again any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page She additionally lamented leaving Emily with her father’s family while her mom filled in for late shifts at a vocation. The greater part of all, she lamented sending Emily away during her youth to a recovering home. In an alternate manner, Mrs. Johnson, the mother of Maggie and Dee in â€Å"Everyday Use,† is blameworthy in the manner in which she parented her little girls. Dee, or â€Å"Wangero† as she likes to be called, was taught and fruitful, while her sister, Maggie, still inhabited home in the South with her mom. As a result of Dee’s manipulative conduct, Mrs. Johnson took a stab at fund-raising so as to send Dee away to class. Be that as it may, Maggie had to stay at home and learn customary aptitudes since Mrs. Johnson just collected enough cash to send one little girl. Regardless of the decisions that each mother makes, at long last the peruser faculties the genuine love that each have toward their little girl. Emily’s mother portrayed Emily as a wonderful child. She remarked that â€Å"she was a supernatural occurrence to me† (Charters 671). In spite of the fact that her mom lamented leaving Emily with others while she worked, she had no way out. By working, unlimited love was demonstrated on the grounds that she attempted to accommodate Emily, regardless of what it cost her. Likewise, she allowed up her evenings of stay in bed request to work during the night so she could go through the days with Emily. Emily’s mother was amazingly liable that she sent Emily to the improving home. Despite the fact that this was not what she needed for her little girl, a neighborhood center persuaded her that the home will furnish her with the â€Å"kind of food and care [Emily’s mother couldn’t] oversee for her† (Charter 673). With the expectation that they were being honest, Emily’s mother sent her away †trusting that she would have a superior life, in spite of the torment it would cause her mom. Despite the fact that at long last, the peruser understands that the facility that recommended the house weren't right, Emily’s mother didn't feel sure enough about her own intuition to challenge their proposal. In spite of the fact that Emily’s mother didn't know how to support and care for Emily after she got back from the gaining strength home, she urged Emily to utilize her created ability for comedic acting at school. One morning in the wake of being energized by her mom, Emily took her mother’s counsel and went into a novice appear, to Emily’s shock, she earned in front of the rest of the competition. She called to reveal to her that â€Å"I did it. I won, I won; they gave her first prize† (Charter 675). This is a prime case of unrestricted love, despite the fact that her mom was lost in what to accomplish for Emily; she despite everything urged her to make a big deal about herself. At the time that she won in front of the rest of the competition, Emily’s mother expressed that â€Å"suddenly she was Somebody† (Charter 675). At long last, Emily’s mother chooses to â€Å"let her be† and again shows her unrestricted love as she trusts that Emily will come to know â€Å"that she is more than this dress on the pressing board, defenseless before the iron† (Charters 676). She trusted that Emily would understand that she is more than her adolescence. In spite of the fact that Dee ended up being the more fruitful little girl, Mrs. Johnson shows Maggie’s concealed worth and makes it known to Dee when she gets back with her beau. In doing as such, Mrs. Johnson went to bat for what was correct, not in her advantage, however to profit Maggie. Despite the fact that Dee needed the blankets that their mom was sparing as a wedding present for Maggie, Mrs. Johnson won't surrender. At this time, just because, she embraces Maggie and takes the blanket from Dee’s hand and offers them to Maggie. For the first time ever, the two little girls sense the unqualified love (which has not been apparent) that Mrs. Johnson has toward Maggie. In spite of the hardships that each mother confronted, every story finished with a hint of something to look forward to and the acknowledgment that unqualified love can move mountains in ones life. As a result of each mother’s genuine love for their little girls, Emily and Maggie, understood their concealed significance. Works Cited Charters, Ann. The Story and Its Writer: An Introduction to Short Fiction. New York: Bedford/St. Martins, 2007. Unequivocal Love. Word reference. coms 21st Century Lexicon. Word reference. com, LLC. 24 Jun. 2010. .

Saturday, August 22, 2020

Performance management in the royal virgin islands police force Research Paper

Execution the board in the imperial virgin islands police power - Research Paper Example Execution the board is procedure to assess the presentation of a current framework and contrast it and the objectives and targets of the framework. Execution the executives guarantees that operational and key destinations and objectives are encouraged. The Royal Virgin Islands Police Force’s vital arrangement is readied remembering the vision and furthermore the needs of the whole power. The vital arrangement is set up to meet with the desires for the 21st century. The examination procedure will attempt to discover the appropriateness of the current evaluation framework against the dynamic key arranging of the association. The undertaking will hope to make an evaluation framework in line alongside the key arranging of the Royal Virgin Islands Police Force. Vital arrangement is an extremely fundamental device for spurring the hierarchical staffs towards widespread arrangement of objectives, which exhibits clear bearing and initiative; it will likewise assist with showing to the key outside accomplices just as the overall population that assets are admirably contributed. The vital arrangement additionally empowers the key supervisory crew to follow the advancement close by the goals and furthermore perceive accomplishments. The arranging procedure in RVIPF comprises of different advances, for example, building up vision, crucial additionally the qualities for the power. The SWOT examination is led to decide the qualities, shortcomings, openings and dangers which would empower them to set up the key goals. Vital arrangement is separated to a yearly field-tested strategy and furthermore allotting timescale and possession for every one of the segment. The activity taken in the arranging procedure is observed after every month. The RVIPF have refreshed their central goal, vision and qualities for mirroring an all the more captivating and proactive power related methodology. The key needs for the RVIPF are to improve trust and open trust in the

Friday, August 21, 2020

Bayou Meto Free Essays

Chris Bryan Professor Swain English 1013 8 October 2012 Bayou Meto Wildlife Management Area Bayou Meto is one of the most unique places in Southeast Arkansas since it offers trackers and angler an extraordinary spot to chase and fish. March Meto, also called the â€Å"Scatters†, is situated in Arkansas and Jefferson districts. The Arkansas Game and Fish Commission bought it in the 1930’s and individuals hold returning a seemingly endless amount of time after year. We will compose a custom article test on Straight Meto or on the other hand any comparable point just for you Request Now Inlet Meto has different passageways to start a chasing or angling trip. Sound Meto WMA can be reached off U. S. thruways 79, 165, 152, 88 and 276. Access to the vast majority of the territory is by stroll in and pontoon as it were. A couple of areas to start a chase would be: Long Pond, Long Bell, Buckingham Flats, Cannon Brake, Temple Island, and Beaver Dam Slough. Angling areas would incorporate Cox Cypress, Wrape Plantation, and Halowell Reservoir. Inlet Meto is primarily known for duck chasing. Individuals from everywhere throughout the nation travel to the Scatters each year to shoot ducks in those renowned woods. It is appraised by Ducks Unlimited to be one of the top spots to dodge chase on the planet. It used to be a famous spot for guided duck chases until it was prohibited in the 1980’s. Directing was restricted on the grounds that it was illegal to acknowledge cash from individuals in an open chasing region. As far as possible every day is three mallards and two wood ducks. March Meto is one of the biggest state-possessed untamed life the executives regions in the country, incorporating 33,832 sections of land in Arkansas and Jefferson provinces. Narrows Meto is brimming with marchs and rivers that flood the timber that the ducks use for benefiting from oak seeds. The water level of Bayou Meto all relies upon the measure of downpour it gets. On the off chance that it is a dry year there won't be sufficient water to dodge chase. Trackers regularly get disillusioned when this occurs. Around thirteen thousand sections of land are overwhelmed if the water is high during duck season. Oak trees are found all through the forested areas, and they produce a copious measure of oak seeds, which the natural life feed on. Deer chasing is likewise well known in the Scatters. There have been many state records slaughtered in the Scatters. The Arkansas Game and Fish Commission plants food plots every year that expands deer horn development. Numerous trackers decide to chase over the food plots or close by ranch fields. The deer likewise feed on the oak seeds that tumble from the oak trees in the forested areas. The Eastern Wild Turkey is an exceptionally famous creature to chase too. The turkey populace is excellent in the Scatters. The cutoff for turkeys in the Scatters is two gobblers. The turkeys additionally feed in the food plots with deer. Little game chasing draws in a great deal of trackers moreover. Raccoon chasing is the most well known type of chasing. Trackers likewise prefer to chase: coyotes, wildcats, crows, hares, and squirrels. Coyotes and catamounts are a significant issue since they slaughter turkeys and child deer. The Scatters offers probably the best angling in Arkansas. The most famous fish to get is the Largemouth Bass. The Crappie and Bream are likewise extremely well known fish to get. The Arkansas Game and Fish stocks the Wrape Plantation with fish every year to guarantee an angler will have a decent angling trip. The Scatters is an incredible spot to invest energy in the outside. It offers various chasing and angling openings. The Arkansas Game and Fish endeavors to make this one of the most uncommon places in the state and in the nation. These thirty 3,000 sections of land should give the outdoorsman an extraordinary opportunity to get a fish or slaughter a creature. Step by step instructions to refer to Bayou Meto, Essay models

Micro Analysis Essays

Miniaturized scale Analysis Essays Miniaturized scale Analysis Essay Miniaturized scale Analysis Essay Wrench made in 2006 had the fundamental star as Jason Stratham, which in the film he is called Chev. Brian Taylor and Mark Neveldine guided it. The initial scene starts with the diegetic sound of a characters heartbeat. Immediately the crowd understands that something isn't right and the camera is shot in p.o.v. He is demonstrated looking down on the floor of a condo and his eyes are glimmering. The utilization of the data that his eyes are gleaming and the sound of his pulse set up that something has happened to his body and he is additionally breathing intensely. He abruptly starts to stroll around quick and wildly. A shrieking sound enters the scene, which is unidentifiable to whether it is diegetic or non-diegetic, this adds to strain of the scene to what is befalling him. He sees his hands and acknowledges they are red and take off so he surges them over a sink to cool them, which suggests that he is freezing. The mise en scene shows costly lighting and all around outfitted tables, which passes on who ever the condo has a place with, is extremely rich. The motivation behind why it has been altered along these lines is s o you dont recognize what befell him is to make secret and tension to the crowd. Are character strolls over to a wide screen plasma TV and before it there is a plain DVD not for a situation saying FUCK YOU on the front and the shrieking sound heightens. This recommends the DVD will be helpful in clarifying more. He gets it and places it in the DVD player and the shrieking stops to be supplanted by a low-pitch drumming sound. The P.O.V shot is presently of the TV screen which shows a well off looking youthful Hispanic man (called Ricky Verona) who clarifies that he has infused our character (primary character Chev) with some Chinese toxic substance for killing a needed Chinese man called Don Kim. He clarifies that the toxic substance will hinder his adrenaline and that he has an hour max to live. The camera changes to a head-on-close up of the fundamental character Chev with a furious face. The crowd has now settled that it is Chev who has been infused with the toxic substance. A non-diegetic sound of a moderate paced guitar enters the scene, which bit by bit increments, to a quick pace rock melody. The awesome music is utilized to pass on how chafed Chev is. The camera changes to a mid-shot of Chev getting the TV and crushing it, he at that point tramples the screen with his foot to wreck it. He is breathing considerably more intensely now to develop progressively pressure. There is additionally hardly any altering done to add to the pressure thus the crowd remains locked in. Chev runs for his life out of the condo and gets his cell phone to see one missed call, which deduces to the crowd that the shrieking sound was the diegetic sound of his portable. He continues going through the structure with simply the sound of the exciting music. He at that point arrives at the vehicle leave where he gets into his vehicle, here we here the thundering sound of his motor to pass on his indignation. He drives out quick into a bustling street and the non-diegetic sound eases back down to a drumbeat. The camera is shot in a mid-shot demonstrating Chev on the telephone in his vehicle window. He attempts to call his better half however shes not there so he leaves a message advising her to call him. He at that point attempts to call his primary care physician anyway he needs to leave a message with a secretary saying that on the off chance that he doesnt get the specialists help inside the following hour he will bite the dust. The music changes to some up beat hip jump music and the scene slices to the specialist having a back rub in a mid-shot. At that point it slices to a panning shot of a sign saying Las Vegas Nevada building up where the specialist is. The impact of changing the music is utilized to show the complexity between Chevs circumstance and the specialists. The scene changes back to Chev in his vehicle aside from the camera is shot in a front view shot of his vehicle. Th e crowd would now be able to see that there is a hot atmosphere and the streets are occupied in light of the fact that you can hear the diegetic sound of vehicles blowing their horns. This has been done so the crowd would now be able to build up Chevs environmental factors of an exceptionally occupied, frenzied day. The diegetic sound of his pulse enters the scene again and he starts to look swoon. Out of nowhere he puts his foot down on the gas and the quick paced exciting music comes in once more. The explanation behind this is to play with the crowds feelings, brief it appears as if he has become too powerless however then out of nowhere he recovers his quality.

Sunday, July 5, 2020

Stock Exchange - Free Essay Example

INTRODUCTION: The stock exchange is a kind of capital market which helps to companies to raise funds not to make profit from it. Stock exchange is having its own identity worldwide. It gives a platform for giant companies as well as small enterprises to extend their power in the international market. The exchange also provides a highly active and efficient market for dealing in wide range of securities for e.g. debts, equities, exchange traded funds, contracts for differences, depository receipts. Each country is having its own stock markets which inspires the countries economy and helps each other for extending their strength through shares, bonds, equities etc. Mainly the research is focused on the Alternative investment market of London. AIM, Alternative Investment Market is another concept of stock market which was introduced in the 19th century. The Alternative Investment Market (AIM) has established itself as the worlds leading stock market for young growing companies in UK affecting the global connection between different markets. As it is the growing market it affects the international dealings. As per the research we have to mull over of Indian stock market and London Stock exchange. They are as follows: London Stock Exchange Alternative Investment Market ( London) Bombay Stock Exchange National Stock Exchange The comparison of these markets will help to understand the role of these markets in the world economy. This will also give focus on research aim. RESEARCH TOPIC: The research topic for the dissertation is ‘EMERGENCE OF ALTERNATIVE INVESTMENT MARKET (AIM) IN INDIA. This topic will help to understand and extend the knowledge of stock market. Also give idea of the London stock exchange and Indian stock exchange which will defiantly helps out in the future. RESEARCH PURPOSE The main purpose of this research is to find out whether AIM can create good opportunity for new budding Indian companies to expand more and whether it can help to raise funds for such expansions. Also it gives a brief scenario of AIM London and the working of Indian stock market. Research study will also help us to understand the reason behind the growing Alternative Investment Market of London. The Research proposal is divided to understand the research topic clearly in different chapters. These chapters are as follows: CHAPTERS: LITERATURE REVIEW: In this chapter there is deep study of all the stock markets in London and in India i.e. London stock exchange, Alternative investment market London, Bombay stock exchange, national stock exchange. The different views given by different authors will help to explain the all stock markets understandable. Also it will consist of SWOT analysis for AIM to understand the growth of that market. The brief explanation of these markets is as follows: BSE Bombay Stock Exchange: Three centuries in its 133 years of continuation and now popularly known as BSE. It was established as The Native Share Stock Brokers Association in 1875. BSE is the first stock exchange in India which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956. BSEs pivotal and pre-eminent role in the development of the Indian capital market is widely recognized. It migrated from the open outcry system to an online screen-based order driven trading system in 1995. Earlier an Association of Persons (AOP), BSE is now a corporatized and demutualised entity incorporated under the provisions of the Companies Act, 1956, pursuant to the BSE (Corporatization and Demutualization) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI). With demutualization, BSE is having two of worlds best exchanges, Deutsche Borse and Singapore Exchange, as its strategic partners. By providing it with an efficient access to resources, BSE has facilitated the growth of the Indian corporate sector. BSE is the strongest stock market in India that shows the dominance on corporate sector which needs to raise the capital with the support of these market. Today, BSE is the worlds number 1 exchange in terms of the number of listed companies and the worlds 5th in transaction numbers. The market capitalization as on December 31, 2007 stood at USD 1.79 trillion. An investor can choose from more than 4,700 listed companies, which for easy reference, are classified into A, B, S, T and Z groups. BSE provides an efficient and transparent market for trading in equity, debt instruments and derivatives. It has a nation-wide reach with a presence in more than 359 cities and towns of India. BSE has always been at par with the international standards. The systems and processes are designed to safeguard market integrity and enhance transparency in operations. NSE National Stock Exchange: The National Stock Exchange of India Limited has genesis in the report of the High Powered Study Group on Establishment of New Stock Exchanges, which recommended promotion of a National Stock Exchange by financial institutions (FIs) to provide access to investors from all across the country on an equal footing. Based on the recommendations, NSE was promoted by leading Financial Institutions at the behest of the Government of India and was incorporated in November 1992 as a tax-paying company unlike other stock exchanges in the country. On its recognition as a stock exchange under the Securities Contracts (Regulation) Act, 1956 in April 1993, NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. The Capital Market (Equities) segment commenced operations in November 1994 and operations in Derivatives segment commenced in June 2000.Currently, NSE has the following major segments of the capital market: Equity Futures and Options Retail Debt Market Wholesale Debt Market Currency futures LSE London Stock Exchange: The London Stock Exchange is one of the worlds oldest stock exchanges and can trace its history back more than 300 years. Starting life in the coffee houses of 17th century London, the Exchange quickly grew to become the Citys most important financial institution. Over the centuries following, the Exchange has consistently led the way in developing a strong, well-regulated stock market and today lies at the heart of the global financial community. The London Stock Exchange was founded in Sweetings Alley in London in 1801. It moved to Capel Court the following year. In 1972 the Exchange moved to a new purpose-built building and trading floor in Threadneedle Street. Deregulation, sometimes known as big bang, came in 1986 and external ownership of member firms was allowed for the first time. In 1995 the Alternative Investment Market was launched and in 2004 the Exchange moved again, this time to Paternoster Square. Nasdaq built up a stake of over 30% in the Exchan ge in 2007 in a failed attempt to acquire it. It has since sold its investment. In 2007 the Exchange acquired the Milan-based Borsa Italiana for 1.6bn euros ( £1.1bn; $2bn) to form the London Stock Exchange Group plc. The combination was intended to diversify the LSEs product offering and customer base. The all-share deal diluted the stakes of existing LSE shareholders, with Borsa Italiana shareholders receiving new shares representing 28 per cent of the enlarged register. AIM- Alternative Investment Market: AIM is the Exchanges international market for smaller growing companies. On AIM you will find a wide range of businesses ranging from young, venture capital-backed start-ups to well-established, mature organizations looking to expand.   Since its launch in 1995, over 2,500 companies have joined AIM ? raising more than  £60bn in the process, both through initial public offerings (IPOs) and further capital raisings. This capital has helped AIM-quoted companies of all kinds to fund their development and pursue their ambitions. The AIM communities of companies, advisers and investor have been attracted to the market by its outstanding reputation and high standards of regulation. These qualities have established AIM as the international growth market of choice for companies and investors. In 2007,  284 companies joined AIM, raising a total of  £16.1 billion. AIM companies come from 38 sectors and 92 sub-sectors representing  32 countries. International companies increasingly recognize the unparalleled access to the global investment community and capital-raising possibilities that come from having their securities quoted and traded in London. AIM has over 500 companies  operating outside the United Kingdom, and the number is continuing to rise all the time. This international interest reflects the fact that AIM presents an ideal environment for young international companies wishing to use the public markets to fund further expansion and raise their global profile. Genuine investor interest AIM, and the companies on it, benefit from a high public profile and strong interest among a growing and increasingly sophisticated investor base. Investors ranging from private individuals to global institutions regard AIM as an excellent place to find investment opportunities in young, fresh, entrepreneurial and growth-orientated businesses from all over the world ? in short, the companies of the future. Regulation The London Stock Exchange is committed to sustaining AIMs success by ensuring it remains the international growth market of choice for smaller companies. AIMs unique regulatory framework was strengthened by its becoming an Exchange Regulated Market in October 2004. Like the Main Market, AIM enjoys a reputation for effective regulation: the London markets are world-renowned for the fair, firm and responsive way in which they are policed. AIM reflects these qualities to the full, offering a secure yet flexible trading environment for both companies and investors. Reasons for admission The majority of companies coming to AIM are attracted by its offer of a flexible way of entry to life on a public market. As a result, AIM continues to welcome a steady stream of both UK and international companies. International companies The Exchange is a global marketplace. Around 350 companies  from over  50 different countries use a London listing to gain the profile and access to capital they need to grow into truly global companies. They are drawn by the quality of our markets, their depth of liquidity and the sophistication and long-term approach of the institutional investor community in London. AIM offers smaller growing companies all the benefits of being traded on a world-class public market, within a regulatory environment that has been designed specifically to meet their needs. These are some of the reasons why companies join AIM: â€Å"AIM has developed to meet the needs of smaller companies. A flexible approach to regulation and a streamlined admission process make AIM the ideal market for smaller growing companies seeking to develop their business in a supportive environment Phillip Secrett, Corporate Finance Partner, Grant Thornton. Enhanced accessibility AIM is a flexible market that does not stipulate minimum requirements for: company size track record the number of shares in public hands market capitalization Simple admission process AIMs unique approach to company admission through the role of the Nomad ensures that the process is simple, relevant and timely. Nomads are specialists with a deep understanding of the needs and aspirations of companies looking to come to AIM, and are highly experienced in helping them every step of the way to their AIM quotation. Appropriate regulation for smaller companies AIM is renowned worldwide for having a regulatory framework and approach uniquely suited to smaller companies. The AIM Rules do not contain legal or technical jargon, and are designed to be as flexible and comprehensible as possible. The Exchange operates a consultative approach to any changes in the rules governing AIM, and always engages and consults with market participants before putting any modifications into effect. INDIAN COMPANIES LISTED IN LSE The number of Indian companies listed on the London Stock Exchange is expected to jump by 20 per cent, Grant Thornton, a leading business and financial adviser, has predicted. At present 30 Indian companies are listed on the LSE and Grant Thornton is preparing to welcome another six Indian firms to the market, a sign that current economic difficultly in the UK is not dissuading Indian business leaders from raising fund in London. The firms quarterly India Watch, launched in conjunction with the LSE, monitors the UK-India business relationship through both cross border mergers and acquisitions between India and the UK and the performance of Indian firms listed on the LSE, with a tracker that focuses on the performance of the Main Market and AIM versus listed Indian firms since January 1 2007. The index reveals Indian companies listed on the LSE are now collectively outperforming both the FTSE 100 and the AIM 100 by a wide margin, with the India Index up 34 per cent sin ce January 1 2007, while the FTSE 100 is down 15 per cent and AIM 100 is down 13 per cent. The prospective listings come from a variety of sectors including bio-engineering, mining and several media companies. These firms, expected to raise between 10 million pounds and 250 million pounds each, will take the present number of Indian companies with full London listings from 30 to 36, a jump of 20 per cent through Grant Thornton alone, with further interest expected to boost this number before the end of the calendar year. Indian companies listed on LSEs Alternative Investment Market (AIM) launch initial public offerings in London because it offers them a wide pool of investors and makes it easier to raise finance for acquisitions in the UK and Europe. Anuj Chande, head of Grant Thorntons South Asia Group, said that since the listing of Indian energy and mining major Vedanta Resources in December 2003, there had been a steady stream of Indian IPOs with a total of 30 firm s now listed on both the Main Market (five firms) and the AIM market (25 firms). He said, India is vying to be both the most prolific and most successful nation on the LSE and all indicators point to this soon becoming a reality. A sustained economic boom within the subcontinent and the many perceived benefits for Indian firms that come with a London listing are key drivers in this process. Chande pointed to poor domestic markets, access to a greater and wider investor base, international focus, the prestige of a London listing and the profile raising that comes with it as driving the number of Indian firms exploring a London IPO. Listing overseas is getting popular with Indian companies. Around 30 Indian companies are considering raising money from public markets abroad. About half of them belong to real estate sector interestingly. Apparently most of these companies are restructuring themselves to go to overseas markets directly. There is a rule in India that an Indian company has to list in India first before going abroad. So its likely that the companies would incorporate themselves abroad for this. Most of the companies are looking at approaching London-based Alternative Investment Market (AIM) where the average size of a listed company is $70 million against a billion dollar-plus in other exchanges. When it was founded ten years ago, Aim was supposed to be the place where young, entrepreneurial British firms, lacking the required qualifications for the London Stock Exchanges (LSE) main market, could hook up with bold investors happy to take a little extra risk. In recognition of this useful contribution to the domestic economy, nice tax breaks were, and still are, available for investors. But firms from all over the world are flocking to London. Over 220 of Aims 1,426 quoted firms are from countries such as China, Australia, South Africa, Russia, Germany, Israel, Bangladesh and now the Americans are arriving too. Investing in Aim: internationalisation Recent debutantes include Noida Toll Bridge, formed to construct and operate a toll bridge connecting Noida to South Delhi in India; Kalahari Mining, with a portfolio of mineral projects in Namibia; Sinosoft Technology, an IT provider to the Chinese government; Amur Minerals, whose principal asset is a licence to explore for nickel and copper in the far east of the Russian Federation; Elitel, a fixed-line Italian telecoms group; and Legacy Distribution, a wholesaler of candy, cigarettes, and groceries in Arizona, USA. This internationalisation of Aim which provides juicy fees for financial advisers but little payback to the domestic economy for those attractive tax breaks has three causes: Investing in Aim: the aftermath of Enron The Sarbanes-Oxley Act (2002) is meant to tighten up US corporate governance after the scandals at Enron, WorldCom and Tyco. CEOs and chief financial officers of American-listed firms must now sign statements attesting to the accuracy of their companys accounts. But this is time consuming and expensive, especially for small firms. At $2m, the cost of compliance is at least double that of an Aim listing, which is why the number of small firms applying for a listing on US markets has halved. Investing in Aim: the lure of London Overseas investors are wary of their domestic markets. Hong Kong has suffered from low-quality Chinese share issues, Singapores market suffers from poor liquidity, but when the dotcom bubble burst, few fell from grace as spectacularly as Germanys Neuer Market. Founded in 1997 as Germanys answer to the Nasdaq, at its peak it boasted a  market capitalisation of $300bn, before losing 96% of its value and eventually closing in 2003. German investors still bear the scars. There is no appetite for new issues in the German market, which saw only nine initial public offerings (IPOs) last year. Instead, German firms are coming to London. London offers a trusted legal and regulatory framework, it boasts a huge pool of capital and expertise, and offers a certain cachet: firms from all around the world believe an LSE listing confers credibility. Keen to capitalise on this opportunity, officials from the LSE and UK financial advisers are racking up the air miles, hosting conferences in foreign cities and selling the Aim story. The stream of foreign listings threatens to turn into a flood. â€Å"I could get 100 Chinese or Indian companies tomorrow,† says Martin Graham, head of Aim. â€Å"But that wouldnt necessarily be the right thing to do. We have to be very careful that as we internationalise, we actually increase the quality of the market.† While Aim has generated huge fees for the City, it has been much less of a success story for investors. In the ten years of its existence, the index has gained just 2% and has been far outpaced by the FTSE Small Cap index, which includes more mature and generally UK-centric firms. While only 3% of Aim-listed firms have failed altogether, the index has been hampered by the generally poor early performance of newly floated companies, which have struggled to live up to the promises contained in their glossy prospectuses. UK private investors have historically found it dif ficult and expensive to invest overseas, especially in small firms, so the arrival of foreign firms on Aim gives them a cheap, accessible way of investing in overseas economies and into business opportunities that dont exist at home. But they should be aware of the pitfalls. Here are the three most important ones: Investing in Aim: lack  of transparency Aim investors need to be diligent. Many Aim firms are all but invisible. Some are happy to be low profile and dont even have their share price quoted in the newspapers. But for many firms, an Aim listing is a way of raising their profile. This is especially true for foreign companies, who often appoint PR advisers to broadcast their presence. But the number of small firms is rising faster than both the number of journalists who write about them and the capacity of investors to follow the news. So the investor must be prepared to trawl the internet via free sites such as Investigate.com, Digitallook.com, or Armshare.com, before looking at the chosen companys own website. Investing in Aim: lack of liquidity Trading liquidity is a huge issue for many Aim companies. Of the indexs 1,424 quoted firms, 866 have a total market value of less than  £25m. The ‘free float (the shares you can actually buy) is smaller less than this and most holders of the free float will have taken shares in the initial placing and have no intention of selling. In the Budget, Gordon Brown reduced the maximum size of firms eligible for venture capital trusts (VCTs) from  £15m to  £7m and increased the length of time investors must hold VCTs from three to five years if they are to qualify for tax relief. This is likely further to tie up VCT money in shares of the smallest companies, increasingly reducing trading liquidity. Institutions are also put off buying shares in the secondary market   because they fear they will be unable to sell them. In the opinion of Charles Breese, founder of Armshare.com, the LSE is too intent on simply recruiting new Aim entrants and is not doing enough to stimulate the secondary market. Investing in Aim: uncertain prospects Hopes are high when a firm floats on Aim. It looks forward to a rising share price, to issuing further equity to pursue its growth plans and to encouraging its executives with share options. But it can soon become disillusioned if the share price goes the wrong way. Many Aim-listed UK companies privately complain that they are not getting value for the  £50,000 that they pay to their financial advisers to promote their shares. This problem is worse for overseas firms. First City was the first UK public relations adviser to spot the Chinese opportunity. It now has a Hong Kong office with Mandarin-speaking staff, and is in regular contact with its clients. But others are all too happy to take the fee for the Aim listing and then offer little else besides. So investors should be cautious. They must be prepared to do their own research and make up their own minds. Short-term traders should rule Aim out altogether. But for those prepared to stay the course, the influx of foreign companies provides some highly attractive investment opportunities. Tax breaks on Aim Capital gains tax (CGT): After holding Aim shares for one year, the investor is only charged on 50% of the gain. After two years, this drops to 25%. Inheritance tax (IHT): Shares in qualifying Aim trading firms can attract 100% relief from inheritance tax, provided they have been held for two years. Enterprise Investment Schemes (EIS): EIS investors can invest up to  £400,000 per year. They receive tax relief on contributions and pay no CGT, provided the investment has been held for three years. Investment can be made into Aim firms, but overseas companies are unlikely to be eligible. Venture capital trusts (VCTs): VCT investors receive 30% income tax relief on contributions, and pay no CGT as long as the investment has been held for five years. Overseas companies are unlikely to be eligible for VCTs. Why are Indian companies rushing to the Alternative Investment Market (AIM) of the London Stock Exchange? AIM has become the new El Dorado of Indian companies, especially unlisted companies which are in a hurry to raise funds in the ongoing economic boom with few disclosures. Two companies — Noida Toll Bridge and Great Eastern Energy Corporation — have already listed on the AIM, the LSEs international market smaller growing companies. Over 30 Indian companies, including Hiranandani and Unitech, have shown interest in listing on AIM and the list is growing. Interestingly, most of them are real estate and construction companies — which shot up to dizzy heights in the bull run — which are keen to raise money from AIM without listing on Indian stock exchanges. â€Å"The most important attraction is that transparency and corporate governance standards are very low on the AIM market. Its ideal for an unlisted company which doesnt want to dis close much and doesnt believe in corporate governance,† said a member of several capital market committees. The LSE is also very candid about its trading platform. â€Å"To join AIM, companies do not need a particular financial track record or trading history. There is also no minimum requirement in terms of size or number of shareholders,† says the LSE website. For some Indian companies, the listing norms on AIM could be music as listing standards are tough in India and the US. Promoters will have to follow financial track-records, minimum capital, tough disclosure norms and transparency in India. Listing norms in US markets like New York Stock Exchange and Nasdaq are even tougher. â€Å"The AIM market of the LSE is convenient for some of our unlisted companies as they dont need to disclose many things,† an investment bank source said. Methodology: This chapter consist of different methodological perspectives, the explanation related to which company examined and why, the data collection method and data analysis. Research Purpose: According to Gummesson, case study research is mainly divided in to three types, exploratory, descriptive and explanatory research. Exploratory research: This type of research approach is to collect as much information as possible related to research area. According to Gummesson (2002) exploratory research is a pilot study that can be used as a basis for formulating more precise questions or testable hypothesis. Descriptive research: This type of research used when the problem is well structured. In this research, researcher wants to find out the relevant aspects of the problem. According to Wiedersheim- Paul and Eriksson (1998) and Yin (1994) this approach attempts to describe. Explanatory research: According to Paul and Eriksson (1998) and Yin(1994) This type of research is used to prove or disapprove condition take place. It can be also used to find a correlation between causes using data collection methods. The main reason of this research is descriptive. This research helps to understand â€Å"How gardening companies   adapt or standardize their product for foreign market† With the help of answering specific research questions we will gain better understanding related to gardening   industry. Approach of Research: Two techniques used at the time of research, one is qualitative and second is quantitative method (Yin, 1994). Qualitative method: According to Denscombe (1998) qualitative method goes more in depth of the problem as compared to the quantitative method. This method is used when researcher wants to investigate the problem. In this method the researcher him/herself plays a vital role. Disadvantage of this method is difficult to compare the collected information from the different objectives. Quantitative method: According to Denscombe (1998) quantitative method consist of numbers collecting with the help of survey and questionnaire. The advantage of this method is that the study can be generalized while it is aimed at large target group. In this research we will use qualitative method. This decision is mainly based on information required to find result of research questions are of qualitative nature, because there is a need of a bottomless understanding. However with the help of qualitative method we will collect data based on interviews. With the help of qualitative method the result present in words. Strategy of Research: Denscombe (1998), Wiedersheim- Paul and Eriksson (1998) and Yin(1994) state that there are five primary research strategies such as surveys, experiments, case studies, archival analysis and histories. Below table shows five strategies. Research Strategy Form of research  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   question Requires control over behavioural events Focuses on contemporary events Experiment How, why Yes Yes Survey Who, what, where, how, many, how much No Yes Archival Analysis Who, what, where, how, many, how much No Yes/No History How, why No No Case Study How, why No Yes Table 1: Research StrategiesSource: Yin (1994 p .6) With the help of research question and the purpose, we will able to find that, there is no need to control over behavioural events as well as survey; contemporary events, archival analysis, and experiment are not appropriate research strategies for this research. Yin (1994) state that case studies permit to a research, keep important image of organizational and administrative processes. On the other hand Yin (1994) focuses on case study can be single case study or multiple case studies. In single case study researcher unable to make comparisons, and in multiple case studies researcher able to compare, on the other hand fewer time used for each case study. For this research we considered case studies related to different gardening companies, which are the best research strategy to use for answer research questions. With the help of case studies we able to answer how and why questions as well as   we will add to the validity, precision stability and confidence of the research result. Sample selection: After determined research strategy, the next chapter is sample selection. According to Yin (1994), collection of data with the help of all potential units is not possible because of limited financial resources and time limitation. In order to explain the important features of the complete problem area, smaller companies are gathered. The researcher cannot be confident that the conclusion he/she will end up with will be capable to simplify the whole research area while the samples chosen are not all representative for the research area for which they are gathered. At the time of primary speak with companies; the purpose of research is clear. For completing purpose of this research, there is need, to contact with person who have best knowledge and experience of companies products sell in foreign market. Data collection: According to Eriksson and Widersheim (1997) data is collection consist of two methods. First method is primary data collection, in which information is collect by researcher and for specific purpose. Second method is secondary data collection, in which the data is already collect and for different purpose. Yins (1994) recommend six sources of data collection its strengths and weaknesses related to case studies are given below in table: Source of evidence Strength Weakness Interviews Targeted: focuses directly on case study topic. Insightful: provide perceived casual inferences Bias due to poorly constructed questionnaires. Inaccuracies due to poor recall Response bias Reflexivity: interviews gives what interviewer wants to hear. Direct Observations Reality: covers events in real time. Contextual: covers context of event. Time consuming Selectivity: unless broad coverage. Reflexivity: event may proceed differently because it is being observed. Cost: hours needed by human observers. Participant Observation Insightful into inter-personal behaviour and motives. Bias due to investigators manipulation of events. Physical Artifacts Insightful into cultural features. Insightful into technical operations. Selectivity Availability Documentation Stable, it can reviewed repeatedly Un-obstructive: Not created as a result of the case. Exact: Contains exact names, references and details of an event. Broad coverage: long span of time, many events, and many settings. Retrievability: can be low Biased selectivity: if collection is incomplete. Reporting bias: reflects (unknown) bias of author. Access: may be deliberately blocked. Archival Records Precise and quantitative. Accessibility due to privacy reasons. Table 2: Six sources of evidence: Strength and weakness  Ã‚  Ã‚   Source: Yin (1994, p80) Due to time limitation and financial resources, in this research direct observations and participant observation are not possible.   However archival record is not possible and there is no need to considered technical operations, physical artifacts are not used. Therefore there is only two sources of evidence for this research can be used i.e. interviews and documentation In this research data can be collected with the help of both primary and secondary data. When collecting data for case study, semi-structured research method and focused interviews can be used. In this research, we can collect data from personal interviews based on telephone because of amount of time and money. This type of data used for specific purpose of research, therefore it considered primary data. On the other hand we can collect the data with the help of documentation, website and gardening companies bro chures. This data considered as secondary data and it consist of background information of company. Data analysis: It consist of examining, categorizing, tabulating the evidence to address the initial propositions of research. Holme and Solvang (1997) recommend that a systematic analysis begins with a case analysis and after find out result with the help of cross-case analysis. This research can pursue above recommendation. In one side, case analysis can conduct and collect data from gardening company. In second side with the help of cross case analysis in which different companies are compared with each other and data will be calculate. The next is sort out similarities and dissimilarities related to theory and collected data, then build up a conclusion. Reliability and Validity: In this research these two factors plays a very important role. To build up the reliability of this research, there is need of to find objectives as possible. However consider reliability when method for the duration of the interview which is helpful to stop non objective data collection. On other hand validity consider at the time measuring what is intended to be measured. Findings, Conclusion and implication: This chapter consist of findings and conclusion based on research. In this chapter we able to provide answers of research question. When we answering the research questions we can get factors affecting on gardening company related to adaptation, standardization, and elements of products. These factors based on different companies in gardening industry and its considerations After findings and conclusion of this research we will able to find out Implications for future research related to gardening companies.

Wednesday, July 1, 2020

Nature And Importance Of Decision Making In Investment Finance Essay - Free Essay Example

Very important if decision-making process rely on scientific methodology of thinking and analysis to invest specific resources for certain period of time with considering of risks and uncertainty, and also important form the point of view that to set approaches to achieve these objectives, where the success in these tasks are limited by how much decision-makers are follow scientific method to collect information needed to take a decision, important also because it gives opportunity to evaluate expected revenue from all proposed investment options, and to select the appropriate investment that comply with objectives of organization and to enable decision-makers the opportunity to chose from well studied selections of investments.. Its important also because it consider for the concept of investment choices and chances, qualification and experience, convenient (that to chose the right and suitable investment), and to aware for diversify the investment risks, all these determinants makes the right decision in investment is a master key of success, because it is very easy to decide of investment but if is it the right one? Principles of investment decision: The most convenient strategy of investment that one consider basically on priority of investors according to their view about business which usually affected by many factors as profitability which determine by rate of return, and liquidity and certainty that rely on how much business resist against risks. But decision-making process should also consider for investment determinants: Interest rate: with its indirect relation with investment according to economic concepts on investment (opportunity cost) Capital marginal efficiency: represent the marginal productivity of invested capital and also defined by return on invested capital. Scientific and technological development: what huge development in technology is offers new investment opportunity and assist the existed one with pivotal facilities on communication and software, since computer and internet be as revolution in business. Risk rate: when we classified investors for three categories, as risk avoiders, risk seekers, and those in between the two categories. Economic and political settlement on investment climate: the clear example is Iraq today compare to Iraq before first Gulf war 1991. Others factors: society awareness with importance of save and investment with attainability to active financial market. The importance of trade-offs between investment projects To use of scarce resources should follow a very proper and rational decision of how to invest these resources with lowest wastes possible, that by use of all means of comparative advantages through scientific approach to search for appropriate investment that able to ably, then to prepare the scheme/s bases by studying capital required, costs estimation, size, location, technologies needed, expected demand etc. Trade-offs between investments choices as fateful decision must based on comprehensive and very precise steps and should consider for all pros and cons of evaluation measurements, and use the best appraisal standards between investment choices. Investment appraisal methods These appraisal methods are categorized in two groups, the first one is the un deducted profitability standards in certain conditions, first one is the accounting rate of return ARP, with no consideration for tax and depreciation this method give feasibility of investment by compare the result of ARP and market interest rate, investment can be acceptable and feasible when ARP is bigger than Interest rate, second is payback period PP, as short as period to return capital of investment as investment is more feasible, period of return calculated by divide primary investment costs by annual net cash flow, this method is widely used worldwide as all information required to run is available and also because this method is more appropriate for investment in fluctuated conditions with high levels of uncertainty, this method also criticized as it neglect the profits after return of capital because it focused only on period that investment could return the capital, neglects the time value of m oney when it is not deal with time of cash flow. Deducted profitability standards, as Net present value NPV, the method characterized as logic and precise added to its consideration to deduct cash flow in order to determine the present value, this method uses in international financial organization as appraisal to evaluate investment, the method criticized as it consider only for achieved return and doesnt consider for the capital amount invested to create that returns, the last method is the internal rate of return IRR, this method still adopted by international monetary fund, world bank to evaluate investment and to give loans, the standard of this methods based on rate of discount that when in flow of cash is equal to out-flow of cash, which means the discount that value investment to zero, the method also criticized as the expected cash flow according to the IRR invested usually with the same discount price, the matter is not logic in grand investment where high interest rates usually adopted. Conclusion:

Tuesday, May 19, 2020

Discover the Worlds Smallest Tree

Some people claim that the title Worlds Smallest Tree should go to a tiny plant that grows in the coldest regions of the Northern Hemisphere. Salix herbacea, or dwarf willow, is described by some internet sources as the very smallest tree in the world. It is also known as the least willow or the snowbed willow. Others see the tree as a woody shrub that does not meet the definition of a tree accepted by botanists and foresters. Definition of a Tree The definition of a tree that most tree scholars recognize is a woody plant with a single erect perennial trunk that reaches at least 3 inches in diameter at breast height (DBH)  when mature. That certainly does not fit the dwarf willow, although the plant is a willow family member. Dwarf Willow Dwarf Willow or Salix herbacea is one of the smallest woody plants in the world. It typically grows to only 1 centimeter to 6 centimeters in height and has round, shiny green leaves 1 centimeters to 2 centimeters long and broad. Like all members of genus Salix, dwarf willow has both male and female catkins but on separate plants. The female catkins are red, while the male catkins are yellow. Bonsai If you dont buy into the dwarf willow being a tree, then perhaps the tiny bonsai crossed your mind. While bonsai do, indeed, meet the definition of trees, they are not a species, as they alterations of larger trees, and can be made from different species. A person will take a cutting from a larger tree to make the miniature bonsai, which then must be carefully maintained and watered to keep its structure. Real (Short) Trees So how about a list of actual plants that meet the definition of trees that can mature at less than 10 feet tall? Crape Myrtle: This small tree comes in a variety of sizes. It can be as short as 3 feet when fully grown, making it one of the shortest trees in the world, though some can reach 25 feet. It can grow quite fast, which is why it is vital to keep in mind its mature growth size when choosing a tree. They come in a variety of brilliant colors.   ‘Viridis’ Japanese maple: The Japanese maple grows only 4 feet to 6 feet tall, but spreads out like a bush. Its vivid green leaves turn to gold and crimson in the fall. Weeping redbud: The Weeping redbud usually grows only 4 feet to 6 feet. They have a small trunk but will weep a flowing canopy back to the ground if not pruned. Pygmy date palm: A dwarf palm tree, this species grows 6 feet to 12 feet tall, and can be kept in a container. Native to southeast Asia, it is relatively drought-tolerant, but cant stand temperatures below 26-degrees Fahrenheit. Henry Anise: With its particularly dense evergreen broadleaf, Henry anise usually grows to be between 5 to 8 feet in a pyramid shape. It is known for its brilliant pink flowers and anise-scented leaves. It makes an excellent hedge.  Ã‚  Ã‚   Japanese maple: Japanese maple can grow between 6 to 30 feet tall. It grows one to two feet per year. Native to Eastern Asia and southeast Russia, this plant comes in a variety of vibrant, eye-catching colors, such as red, pink, yellow and orange.     Ã¢â‚¬ËœTwisted Growth’ deodar cedar: This tree grows between 8 to 15 feet tall.  The named comes from the twists in the limbs. The trees also have a droopy appearance. Windmill palm: This tree typically grows 10 feet to 20 feet tall. The tree is native to portions of China, Japan, Myanmar, and India. It has no cold hardiness and is only cultivated in the United States in the extreme southern states and Hawaii or along the West Coast up to Washington and the most extreme southern tip of Alaska. Lollipop crabapple: These trees grow to 10 feet to 15 feet and produce bushy, white flowers. The name comes from the fact that the tree looks like a lollypop with a small trunk like a lollypop stick and a big round bush of branches like the lollypop itself. Blackhaw viburnum: This tree grows 10 feet to 15 feet tall, producing cream-colored flowers in spring and plum-colored leaves in fall. It is native to North America. It produces a fruit that can be made into preserves. Hibiscus syriacus: This tree grows from 8 feet to 10 feet tall, and produces lavender flowers in the spring. It is native to parts of China but has been distributed throughout the world where it has various common names. In the United States, it is known as Rose of Sharon.