White Collar Crimes Cost to Society essay

White Collar Crimes Cost to Society essay White Collar Crimes Cost to Society essay White Collar Crimes Cost to Society essayThe development of modern society, based on the use of a huge number of the most diverse information, is inconceivable without a broad implementation of computer technology to the management process and many other areas. It serves not only for the storage and processing of relevant information at the level of state authorities and local self-government or commercial organizations, and is used as a means of communication between citizens, but it is also considered to be one of the most important elements in ensuring internal and external security of the state. Everything of this causes the development of legal regulations for the regulation of social relations that are associated with the use of computer technology (in the first place to protect the data stored with it). Thus, the main aim of the assignment is to explain the cost to society of white collar and computer crimes.In a dynamic environment of our century, society is constantly face d to various problems, which are often caused by a product of society’s desire to create a more advanced and efficient models of its existence. The above mentioned can be fully applied to a specific area of ​​electronic engineering and information technology. We have to admit that the process of informatization of society (especially its fast computerization) increases the number of computer crimes, their share in the total number of crimes. So, a high social danger of the crime committed in the area of ​​computer information, a large number of victims, established and concealed significant material damage, make the struggle against this negative phenomenon relevant as the fact that crime in the sphere of computer information is increasingly being used in the context of organized crime and especially the activities of terrorist organizations, which are increasingly starting to use the latest information technology and computer technology in their i llegal activities.According to the adopted theoretical approach presented by Croall (2001), the main problem of â€Å"white-collar† crime is in obscurity of the question of â€Å"who, what, when and how was able to steal, and how it was possible to do it†. Study of this phenomenon suggests that â€Å"white-collar† people rarely consider themselves as criminals, they are also partly accused by public opinion because white-collar crime is usually not associated with violence and, as a rule, there are no individual victims; moreover, the opportunity to bring the case to court and punish the criminals is rather rare. Among the most serious consequences of white-collar crimes are loss of shareholders, bankruptcy of companies, as well as negative impact on the state of workers and consumers.Considering the global, national, state, and local implications of such crime, it becomes obvious that the problem of computer and white-collar crime in all countries, irrespective of their geographical location, is in the need for increased powers of law enforcement agencies to combat these types of crime. Koller (2012) mentioned that this issue is not only the problem of law enforcement officials, but also it impacts on the employees of special services, security services, professionals and experts in the field of computer science, representatives of educational and research institutions, including experts on computer viruses, computer hardware and software.In the global scale, the facts of making international computer and white-collar crimes are becoming more common. Computer fraud is the problem of a particular concern because the use of computer technology in the â€Å"laundering† of criminally acquired assets, distribution of computer viruses, and hackers’ penetration in the international information systems and information theft may cause a chaos in many spheres. This problem necessitates the development of international procedures to as sist the investigation of such crimes in the future and the creation of a coordinating body within Interpol.Observing the cost to society of the above mentioned crimes, Choi (2010) mentioned that with the development of electronic payments and network workflow, every encroachment upon the information is primarily an attack on the material or spiritual values ​​- the basis of public safety. Breach of the exchange in information may simply paralyze the entire corporations, banks and government agencies, while everything of these may lead to tangible material losses in the entire industry.In national, state, and local scale, many countries consider the computer network as a vital component of their economic, social and political infrastructure. For instance, without paying a serious attention to the guaranteed protection of the processed information from unauthorized access, the polls and election results forecasting system can have a serious impact on the course of the e lection campaign. Moreover, it can lead to the fact that elections may be rigged and determined not by those who vote, but by those who would like to influence the outcome of voting in favor of a corporate group. To add, there is seen a serious trend towards the use of computer technology by organized criminal groups, terrorist organizations, which leads to the spread of computer and white-collar crimes on interstate level.Thus, security of the interests of all countries demands increase in safety of the use of computer systems in the interests of social development and consolidation of the international community; it also demands to improve the system of conservation of computer information, which forms the basis of information resources of each country; to develop and improve the security of information systems of the federal authorities, financial and banking spheres, the sphere of economic activity, as well as means of information systems and weapons and military equipment, syst ems of command and control over weapons, environmentally hazardous and technologically important enterprises.In conclusion, we have explored the cost to society of white-collar and computer crimes and demonstrated that these kinds of crime as a threat to national and international security really manifest themselves in many areas of society nowadays. These crimes present a threat to the constitutional rights and freedoms of man and citizen in the spiritual life and personal activities; these crimes also threaten individual, group and social consciousness; information support of public policies; development of national information industry; security of information and telecommunication systems and facilities. Moreover, threats to information and technological backwardness, weakness of cultural values’ ​​impact on mass consciousness, information blockade (censorship), the possibility of information warfare, and information terrorism raise issues of blackmail, info rmation blockade, espionage, and other methods of computer pressure at the global, national, state, and local levels. All of these may lead the society and international community to serious consequences and losses, and have the negative impacts on the political, economic and social spheres.

Cross-Price Elasticity of Demand

Cross-Price Elasticity of Demand Cross-Price Elasticity of Demand (sometimes called simply Cross Elasticity of Demand) is an expression of the degree to which the demand for one product lets call this Product A changes when the price of Product B changes. Stated in the abstract, this might seem a little difficult to grasp, but an example or two  makes the concept clear its not difficult.   Examples of Cross-Price Elasticity of Demand Assume for a moment youve been lucky enough to get in on the ground floor of the Greek Yogurt craze. Your Greek yogurt product B, is immensely popular, allowing you to increase the single cup price from around $0.90 a cup to $1.50 a cup. Now, in fact, you may continue to do well, but at least some persons will revert back to the good old non-Greek yogurt (Product A) at the $.090/cup price. By changing the price of Product B youve increased the demand for Product A, even though theyre not highly similar products. In fact, they can be quite similar or quite different the essential point is that there will often be some correlation, strong, weak or even negative between the demand for one product when the price of another one changes. At other times, there may be no correlation. Substitute Goods The aspirin example shows what happens to the demand for good B when the price of good A increases. Manufacturer As price has increased, demand for its aspirin product (for which there are many substitute goods)  decreases. Since aspirin is so widely available, there probably wont be a great increase in each of these many other brands; however, in instances where there are only a few substitutes, or perhaps only one, the demand increase may be marked. Gasoline vs. electric automobiles is an interesting instance of this. In practice, there really are only a few automobile alternatives: gasoline automobiles, diesel, and electrics. Gasoline and diesel  prices, as youll remember, have been extremely volatile since the late 1980s. As U.S. gasoline prices reached $5/gallon in some West Coast cities, the demand for electric cars increased. However, since 2014 gasoline prices have fallen. With that, demand for electrics fell with them, putting automobile manufacturers in a peculiar bind. They needed to sell electrics to keep their fleet mileage averages down, but consumers began buying gasoline trucks and larger gasoline autos again. This forced manufacturers Fiat/Dodge  is a case in point to lower the price of electrics below their actual production cost in order to keep selling gasoline-powered trucks and muscle cars without triggering a federal government penalty.   Complimentary Goods A local Seattle band has a breakthrough hit millions and millions of streams, many, many downloads and a  hundred thousand albums sold, all in a few weeks. The band begins touring and in response to demand, ticket prices begin climbing. But now something interesting happens: as the ticket prices increase, the audience becomes smaller no problem so far because whats happening essentially is that the band is playing smaller venues but at greatly increased ticket prices still a win. But then, the bands management sees a problem. As the audience grows smaller, so do the sales of all those high mark-up collectibles band T-shirts, coffee mugs, photo albums and so on: the  merch. Our Seattle band has more than doubled the ticket price at $60.00 and is still selling about half as many tickets at each venue.  So far so good: 500 tickets times $60.00 is more money than 1,000 tickets times $25.00. However, the band had enjoyed robust merch sales averaging $35 a head. Now the equation looks a little different: 500 tix x $(60.00 $35.00) is less than 1,000 tix x ($25.0035). The drop in ticket sales at a higher price created a proportionate drop in merch sales. The two products are complementary. As the price increases for band tickets, the demand for band merch drops.   The Formula You can calculate the Cross Price Elasticity of Demand (CPoD) as follows: CPEoD (% Change in Quantity Demand for Good A)  Ãƒ · (% Change in Price for Good A)

Cross-Price Elasticity of Demand

Cross-Price Elasticity of Demand Cross-Price Elasticity of Demand (sometimes called simply Cross Elasticity of Demand) is an expression of the degree to which the demand for one product lets call this Product A changes when the price of Product B changes. Stated in the abstract, this might seem a little difficult to grasp, but an example or two  makes the concept clear its not difficult.   Examples of Cross-Price Elasticity of Demand Assume for a moment youve been lucky enough to get in on the ground floor of the Greek Yogurt craze. Your Greek yogurt product B, is immensely popular, allowing you to increase the single cup price from around $0.90 a cup to $1.50 a cup. Now, in fact, you may continue to do well, but at least some persons will revert back to the good old non-Greek yogurt (Product A) at the $.090/cup price. By changing the price of Product B youve increased the demand for Product A, even though theyre not highly similar products. In fact, they can be quite similar or quite different the essential point is that there will often be some correlation, strong, weak or even negative between the demand for one product when the price of another one changes. At other times, there may be no correlation. Substitute Goods The aspirin example shows what happens to the demand for good B when the price of good A increases. Manufacturer As price has increased, demand for its aspirin product (for which there are many substitute goods)  decreases. Since aspirin is so widely available, there probably wont be a great increase in each of these many other brands; however, in instances where there are only a few substitutes, or perhaps only one, the demand increase may be marked. Gasoline vs. electric automobiles is an interesting instance of this. In practice, there really are only a few automobile alternatives: gasoline automobiles, diesel, and electrics. Gasoline and diesel  prices, as youll remember, have been extremely volatile since the late 1980s. As U.S. gasoline prices reached $5/gallon in some West Coast cities, the demand for electric cars increased. However, since 2014 gasoline prices have fallen. With that, demand for electrics fell with them, putting automobile manufacturers in a peculiar bind. They needed to sell electrics to keep their fleet mileage averages down, but consumers began buying gasoline trucks and larger gasoline autos again. This forced manufacturers Fiat/Dodge  is a case in point to lower the price of electrics below their actual production cost in order to keep selling gasoline-powered trucks and muscle cars without triggering a federal government penalty.   Complimentary Goods A local Seattle band has a breakthrough hit millions and millions of streams, many, many downloads and a  hundred thousand albums sold, all in a few weeks. The band begins touring and in response to demand, ticket prices begin climbing. But now something interesting happens: as the ticket prices increase, the audience becomes smaller no problem so far because whats happening essentially is that the band is playing smaller venues but at greatly increased ticket prices still a win. But then, the bands management sees a problem. As the audience grows smaller, so do the sales of all those high mark-up collectibles band T-shirts, coffee mugs, photo albums and so on: the  merch. Our Seattle band has more than doubled the ticket price at $60.00 and is still selling about half as many tickets at each venue.  So far so good: 500 tickets times $60.00 is more money than 1,000 tickets times $25.00. However, the band had enjoyed robust merch sales averaging $35 a head. Now the equation looks a little different: 500 tix x $(60.00 $35.00) is less than 1,000 tix x ($25.0035). The drop in ticket sales at a higher price created a proportionate drop in merch sales. The two products are complementary. As the price increases for band tickets, the demand for band merch drops.   The Formula You can calculate the Cross Price Elasticity of Demand (CPoD) as follows: CPEoD (% Change in Quantity Demand for Good A)  Ãƒ · (% Change in Price for Good A)

The Place of African Traditional Religion in Contemporary Africa Essay

The Place of African Traditional Religion in Contemporary Africa - Essay Example The introduction of European Christianity and values separated the indigenous Africans from their traditional spiritual roots as well as their traditional distinctiveness as a spiritual people. Traditional African religion is focused on the existence of one Ultimate High God. However, the Europeans who introduced Christianity in Africa didn’t understand or properly appreciate the Africans own understanding of the Great Creator. They saw no resemblance between the God they talked about and the Africans own belief in the One Highest God and creator who was, Omnipotent, king, the Great Judge, Omniscient, Compassionate, Holy and Obscure, Immortal and Supreme (Olupona, 1991). The traditional African belief is that the Great One brought the mysticisms into being. He therefore is the creator and everything in heaven and on earth owes their origin to Him alone. He is the king of kings and can not be likened in majesty. He is above all grandeurs and divinities. He resides everywhere. Thus He is omnipotent and is able to do all things and nothing can be created apart from Him. He is behind all achievements. He alone can speak and accomplish his words (Olupona, 1991). In Yoruba myth, Sango once governed as the fourth Alaafin of Oyo. Sango is said to have succeeded his father as one of the early kings of Oyo, and several verses say that he became a king. He was recognized for his magical power and was feared because when he spoke, fire came out of his mouth (Olupona, 1991).  After his unusual life and controversial death, his friends esteemed him as a god. His cult has enjoyed the royal patronage of the Alaafin of Oyo, who is regarded as his descendant. Sangos cult played a significant role in securing the peoples loyalty to the Alaafin in the days of the Oyo Empire (Olupona, 1991)   History has it that he is the son of Yemoja, the mother goddess and guardian of birth. Sango had three wives. Sangos followers regard him as the epithet of

Project Management Essay Example | Topics and Well Written Essays - 1750 words

Project Management - Essay Example In this regard, it has been observed that Nokia Corporation is one of the renowned companies, which has recently undergone a change in its operational processes in order to remain abreast with the changing environment of the market. The company has undergone a redesigning process in its operations to cope up with the changing needs of the customers as well as the markets all over the world. The revised operational strategy of the company includes the strategic alliance of it with Microsoft to come up with different ranges of products in the market. This alliance enables the company to deliver innovative products and enhance its geographical reach along with product identity. With this strategy, the company has the desire to increase its sales by a considerable margin. This change was much needed for the company as the nature of the market was constantly changing and there was a danger that the preferences of the customers might get switched to another brand. This approach of the comp any correlates with the operational purview where a company generally changes its operational strategy in accordance with the needs of the current business environment. This approach is termed as operational strategy approach of market requirement (Nokia, 2011; Slack & Nigel, 2009). Furthermore, the operational strategy of the company has witnessed significant changes in the recent years with the inception of the new leadership team in the operations. It has been observed that the new team of the company has acquired considerable knowledge and is competent to deal with the dynamic nature of today’s business environment. The team is also viewed to have utmost commitment towards the operational goals of the organisation. With the establishment of a new team, the company i.e. Nokia will be able to improve its decision making perspective as it is directly connected with the performance of the organisation. Furthermore, the new team of the company will also facilitate to enhance t he marketing operations or activities of the products which were lacking in the previous operating strategy of the company. In precise, it can be said that the new team of the organisation, which is a part of the operational strategy, will have its maximum focus on speed as well as accountability that would ultimately enable to deliver positive results. It would be vital to mention in this regard that the company has appointed a new face for every section of its operations from top to bottom and each one of them will have their specific targets that need to be fulfilled. This approach of the company correlates with the top-down operational strategy. In such strategy, companies experience a change from top to bottom in its operational conduct (Nokia, 2011; Pearson Education, 2010; Slack & Nigel, 2009). From the overall analysis of the strategy of Nokia Corporation, it has been learnt that the company follows two operational approaches which entail the current market requirement appro ach as well as the top-down approach. However, there are two more operational strategies that can be incorporated by the organisation in its operation. These two approaches will comprise bottom-up approach and strategy based on resources of organisation. In the bottom-up approach, a company such as Nokia would experience a change in strategy from bottom to top by taking into consideration the views and the

The Stone Angel by Margaret Laurence Essay Example for Free

The Stone Angel by Margaret Laurence Essay Hagar Shipley is main character in The Stone Angel written by Margaret Laurence and goes through a rough life after growing up in the little town of Manawaka, Canada. At the age of ninety, she realized how stubborn and reserved she was to people she was closest to, her father, her brothers and her own son. In Hagars younger years she was skating on the pond with Dan and Matt, her brothers when one of the, Dan, fell in the pond skating backwards, trying to impress some ladies. Back home Matt then asked Hagar to get and put on the old plaid shawl their mother used to wear, then comfort Dan who has pneumonia, just as their mother used to comfort the boys when they were little. But Hagar refused: He turned to me then, and held both my hands in his, theonly time I ever recall my brother Matt doing such a thing. [] I cant. Oh Matt, Im sorry, but I cant, I cant. Im not a bit like her. [] Before Matt let himself mourn or even tell me it went over, he came close to me and put both his hands on me quiet gently, except that he put them around my throat. Pg. 25-26 This shows parts of Hagar and her stubbornness, she can not even comfort her own brother as it would make her appear as a weak young woman, thus completley against what she grew up with, her dad always drilled Hagar not to show any emotions in any situation but also the way she liked to be since she did not know the other Hagar. She was taught to be stubborn, selfish and emotionless. Hagars relationship to her own father was not the greatest since he never treated her the way a father is supposed to by showing pride of his girl, treating her with respect and actually show emotions, rather then just nodding after she has done something correctly: When I repeated them all through [] hed nod. Thats all hed ever say, when I got it right. He never believed in wasting a word or a minute. Pg. 7 She was taught to be the cold-hearted lady and never to sympthasize with anyone. Hagars entire life was a tragedy, she did not even hug her own son before he left to fight in the war. I didnt know what to say to him. I wanted to beg him to look after himself, to be careful, as one warns children against snowdrifts or thin ice or the hooves of horses, feeling the flimsy words may act as some kind of charm against disaster. I wanted all at once to hold him tightly, plead with him, against all reason and reality, not to go. Pg. 129 Hagar did not know what to say to him but she knew exactly what she would have done to him, hold him tightly and hug him for maybe the last time in her life, but then she is ashamed of doing so. Hagar, once again, is emotionless to people she is closest to, even her own son. But I did not want to embarrass both of us, nor have him think Id have taken leave of my senses. While I was hesitating, he spoke first. Pg. 129 Hagar is embarrassed of hugging her own son, as she says she does not want him to think that she would have taken leave of her senses, which, for her, was the total emotionless, stubbornness and monotonuesness. Hagar even hesitates to talk to him, she is totally lost with the feeling of insecurity about herself, her life and the way she lived it. Those four incidents show how tragic Hagar was in her lost life, her own world created by herself with her stubbornness and her father, drilling into her head that showing emotions to anyone is the weakest thing to do. Hagar, ninty years old, does not know what emotions are, does not know what love is or even feels like. You call that love. Lady, if that wasnt, what is? I dont know. I just dont know, Im sure. Pg. 228

My Hobby Essay -- essays research papers

MY SPECIAL HOBBY   Ã‚  Ã‚  Ã‚  Ã‚  Practically every person has his or her own hobby; whether it‘s a sport, collecting certain items, or something one takes their time practicing. Personally, I never thought I ever had a hobby. As a matter of fact I wasn’t even sure what a hobby actually was. Then I got to thinking and I finally realized that my hobby was dancing. Yes, I know that to some people dancing is not considered a true hobby; but the way I see it, if I enjoy dancing and spend my precious time doing it, then I have every right to consider it as my special hobby.   Ã‚  Ã‚  Ã‚  Ã‚  As far as I can remember about my childhood, I have always loved to dance. Dancing was just my thing. I remember attending ballet classes when I was five years old. I would learn the routines so quickly that the instructor would sometimes ask me to help her teach the other students. The greatest part of being in ballet was attending the ballet recitals. That was when each of us let ourselves shine in front of our family and friends. I always thought that the crowd was watching my every move and thinking, â€Å"Wow, that girl dances so gracefully.† Just thinking that made me try even harder to be the best I could. I would practice every day after school and right before bedtime, too. It didn’t even matter to me if there was no music playing, I just kept on dancing. Becoming a famous dancer was one of my greatest childhood dreams. I believed that one-day I would get the chan...

A View from the Bridge Essay Essay

A View From The Bridge’ is a play that was first staged in 1955. It was written by Arthur Miller. Arthur Miller was born into a Jewish family in New York in 1915, whose grandparents had come to America from Poland. When the family business failed, they moved to Brooklyn, where A View from the Bridge is set. There, Miller worked in a warehouse to earn money for his university fees. He began to write plays when he was in university and continued to write them after he graduated and became a journalist. In the play, loyalty dictates the events very strongly as because of Eddies mixed emotions for Catharine he chooses to be more loyal to her than to all of his family. Miller shows the importance of loyalty through Eddie telling Catharine the ‘Vinnie Bolzano’ story. Catharine’s reaction shows the audience that in Italy, family loyalty is the most important thing as Catharine is both shocked and horrified that Vinnie snitched on his own Uncle this is why she shockingly says ‘The kid snitched? Miller uses this as an opportunity to tell the audience that the Italian American community is very loyal, which makes Eddie’s betrayal even more shocking. Because Vinnie snitched on his Uncle he could never show his face in public because every one despised and loathed him this is why Beatrice says ‘I never seen him again’. This also shows that the Italian American Community has a very ‘if you snitch on one of us, you snitch on all of us’ mentality. Another way that Arthur Miller portrays the importance of loyalty in the play is the references Eddie uses to Catharine’s Mother. this quote shows that Eddie tries to use the promise he made to Catharine’s Mother as an excuse for being so strict and this is why he says ‘I promised your Mother on her death bed’. This is why he doesn’t want her working in the dodgy part of town; where as it is because of the emotions he feels toward Catharine and he doesn’t want her to have another male figure in her life who could be more important than he is. One of the most important scenes in the play is the ‘Phone Call’ scene which shows Eddie changing his loyalties from his family and friends, to just Catharine. ‘Give me the number for the immigration bureau’ this shows Eddie doing what Vinnie Bolzano didand snitching on Marco and Rodolpho, he does this because of the mixed and confusing emotions he feels for Catharine. Miller also uses stage  directions in the scene such as ‘A phone booth begins to glow on the opposite side of the stage; a faint, lonely blue’ I think that Miller uses the Lighting on the phone booth to show the audience the conflict going on in Eddie’s head; to loose every thing (his family and friends friendship, love, trust and loyalty) but keep Catharine for himself When the immigration officers arrive at the house, Eddie looses the respect and loyalty from his family. Beatrice realizes what Eddie has done when she says‘My God, what did you do? ’. She is completely shocked and horrified as Eddie was a loyal and family orientated man. Miller uses this quote to show the audience that Beatrice is astounded and aghast that Eddie has chosen Catherine over her, even though she is his wife. Marco is furious with the fact that Eddie has just ruined any chance of him getting an American citizenship, this now means that Marco wouldn’t be able to get a well paid job and support his family back in Italy. This is why he says ‘That one! He killed my children! That one stole the food from my children’ this is because although Eddie hasn’t directly murdered Marco’s family, his actions will lead to Marco getting deported and he wouldn’t be able to give his family money to buy food and they would consequently die. The audience would be shocked by what he is saying as he is insulting Eddie who Miller has made out to be the confused character who although he is doing something terrible he thinks that he is doing it for the right reasons, and the audience would therefore feel sorry for him. Miller uses the loyalty theme to show the weakness of men, Eddie betrays his family and community because of the mixed emotions he feels for Catharine.

Bajaj auto Essay

The project report entitled â€Å"Strategic Management Cycle of Baja] Auto Ltd † . has been submitted to Gujarat Technological University, Ahmedabad in partial tultlllment tor the award of degree of Master of Business Administration. I the undersigned hereby eclare that this report has been completed by me under the guidance of Prof. Jignasha mam† (Faculty Member, Shayona Institute of Business Management, Ahmedabad) The report is entirely the result of my own efforts and has not been submitted either in part or whole to any other institute or university for any degree. Date: Place: Ahmedabad PREFACE As it is always said that if you give some-one theory knowledge it will make person understandwell. But if you give some-one theory as well as practical knowledge then it will help the person to understand and remember that always. In the same way to get practical knowledge,the report which we prepare not only make us understand the various functions but also gives us different vision regarding them and along with it gives us experience of practical assignment and manager’s work. By preparing report on Analytical Study on Strategic Management Cycle of Baja] Auto Ltd. we have tried to develop skill to understand well and also how to implement theoretical knowledge work. For this we are thankful to Gujarat Technological University for including such a project as practical studies in the syllabus of M. B. A. Acknowledgement The succession completion of this report would not have been possible without co- operation and support of our professor , friends and our institute. We forward gratitude to respected director of our institute. We are heartily thankful to the management for providing us the opportunity to make a study to practical in their organization. We express our sincere thanks to the company who have given us all the information on-line. We are also thankful our professor out with whose help, this becomes possible and who provided full guidance, co-operation and valuable suggestion bout company report. We are also thankful to our college friends and all those who have helped us directly or indirectly in the preparation of this report. Executive Summary In our project we nave conducted a research on now baJaJ auto ltd works By using stretegic management ; their different moves.. Hence on the basis of the Information we have found out our finding and have done an in-depth analysis on Strategic Management Cycle of Baja] Auto Ltd.. It is followed by recommendations and conclusion. TABLE OF CONTENTS 1 . Objective of SM 2. Introduction of ABC Co. 3. History of ABC co. . Strategic Thinking i. Vision i’. Mission iii. Corporate Purpose ‘v. Values: (Standard of Conduct, Law, Employees, Consumers, Shareholders, Business Partners, Community Involvement, Public Activities, the environment, innovation, competition, business integrity etc. ) 5. Strategic Planning i. Strategy adopted by ABC Co. i’. Action plan by ABC Co. iii . Responsibilities of ABC Co. – CSR (Internal as well as External) iv . Michael Porters 5 Forces analysis v. McKinseys7S Model VI. SWOT Analysts of ABC co. PEST Analysts ViiiBCG MATRIX 6. Analysis of Strategies of ABC Co 7. Strategic Implementation i. Resource Allocation 7. Strategic Evaluation i . Balance Scorecar 1. OBJECTIVE OF SM . Statements of vision tend to be quite broad and can be described as a goal that represents an inspiring, overarching, and emotionally driven destination. Mission statements, on the other hand, tend to be more specific and address questions concerning the organization’s reason for being and the basis of its intended competitive advantage in the marketplace. Strategic objectives are used to operationalize the mission statement. That is, they help to provide guidance on how he organization can fulfill or move toward the â€Å"high goals† in the goal hierarchy-the mission and vision. As a result, they tend to be more specific and cover a more well- defined time frame. Setting objectives demands a yardstick to measure the fulfillment of the objectives. If an objective lacks specificity or measurability, it is not very useful, simply because there is no way of determining whether it is helping the organization to move toward the organization’s mission and vision. 2. INTRODUCTION OF BAJAJ GROUP : The Baja] Group is amongst the top 10 business houses in India. I s tootprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The group’s flagship company, Baja] Auto, is ranked as the world’s fourth largest two- and three- wheeler manufacturer and the Baja] brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. Founded in 1926, at the height of India’s movement for independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness nd determination to succeed which are characteristic of the group today, are often traced back to its birth during those days of relentless devotion to a common cause. Jamnalal Baja], founder of the group, was a close confidant and disciple of Mahatma Gandhi. In fact, GandhiJi had adopted him as his son. This close relationship and his deep involvement in the independence movement did not leave Jamnalal Baja] with much time to spend on his newly launched business venture. His son, Kamalnayan Baja], then 27, took over the reigns of business in 1942. He too was close to Gandhi]’ nd it was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan Baja] not only consolidated the group, but also diversified into various manufacturing activities. The present Chairman of the group, Rahul Baja], took charge of the business in 1965. Under his leadership, the turnover of the Baja] Auto the flagship company has gone up from INR. 72 million to INR. 120 billion, its product portfolio has expanded and the brand has found a global market. He is one of India’s most distinguished business leaders and internationally espected for his business acumen and entrepreneurial spirit. 3. HlSTORY OF BAJAJ AUTO LTD Baja] Auto is a $2. 3 billion company founded in 1926. It is fourth largest two- and three-wheeler manufacturer. Baja] Auto has three plants in all, two at WaluJ and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal. The company is into manutacturing ot motorcycles, scooters and three-wheelers. In India, Baja] Auto has a distribution network of 485 dealers and over 1,600 authorised services centres. It has 171 exclusive dealers for the three-wheeler segment . lt has total 3750 rural outlets in rural areas. The company has opened 11 retail stores for bikes across the country, exclusive for high-end and performance bikes. It has opened these stores under the name in cities like Pune, Nashik, Ahmedabad, Chennai, Hyderabad, Kolkata, Navi Mumbai, Chandigarh, New Delhi, Faridabad and Mangalore. The Baja] brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. It has a distribution network in 50 countries with a dominant presence in Sri Lanka, Colombia, Bangladesh, Mexico, Central America, Peru and Egypt. It has technical tie up with Kawasaki Heavvy Industries of Japan to manufacture latest models in the two-wheeler space. Baja] Auto has launched brands like Boxer, Caliber, Wind125, Pulsar and many more. It has also launched India’s first real cruiser bike, Kawasaki Baja] Eliminator. Baja] Auto’s has in all three plants, two at WaluJ and Chakan in Maharashtra and one plant at Pant Nagar in Uttranchal, western India. WaluJ – Baja] range of motorcycles and three-wheelers Chakan – Baja] range of motorcycles Pant Nagar – Baja] range of motorcycles Achievement 1945- On November 29 Baja] Auto came into existence as BachraJ Trading Corporation Private Limited. 1948- The company commenced sales in India by importing two- and three-wheelers. 1959- Baja] Auto obtained the licence from the Government of India to manufacture two- and three-wheelers. 1960- The company became a public limited company and conducted Bhoomi PooJan of the Akurdi Plant. 1970- Baja] Auto rolled out its 100,000th vehicle. 971- The company introduced its three-wheeler goods carrier. 1972- The company introduced Baja] Chetak. 1975- Baja] Auto ; Maharashtra Scooters entered into a Joint venture. 1976- The company introduced Baja] Super. 977- Baja] Auto introduced rear engine autorickshaw and achieved production and sales of 100,000 vehicles in a single financial year. 1981- Baja] Auto launched Baja] M-50. 1984- On January 19, the foundation stone laid for the new plant at WaluJ, Aurangabad. 1985- On November 5, the WaluJ plant inaugurated by the erstwhile President of India, Giant Zail Singh. The company commenced production at WaluJ, Aurangabad in a record time of 16 months. 1986- The Baja] M-80 and the Kawasaki Baja] KBIOO motorcycles were introduced. The company produced and sold 500,000 vehicles in a single financial year. 990- The Baja] Sunny was introduced. 1991- The company introduced Kawasaki Baja] 4S Champion. 1994- It launched Baja] Classic. 1995- On November 29, Baja] Auto turned into a 50-year old company. It signed agreements with Kubota of Japan for the development of diesel engines for three- wheelers and with Tokyo R;D for ungeared scooter and moped development. The Baja] Super Excel is introduced while Baja] celebrated its ten millionth vehicle. The same year one million vehicles were produced and sold by company in that financial year. 1997- The Kawasaki Baja] Boxer and the RE diesel Autorickshaw are introduced. 998- The company commenced production at Chakan plant. It rolled out Kawasaki Baja] Caliber from its WaluJ plant. Baja] Auto launched Legend, India’s first four- stroke scooter from Akurdi plant. The same year Spirit was launched. 1999- Caliber motorcycle notched up 100,000 sales in record time of 12 months. 000- The company launched Baja] Safire. 2001- Baja] Auto launched its latest offering in the premium bike segment ‘Pulsar’. The same year Eliminator was launched. 2003- Baja] Pulsar DTS-i was launched. The company sold 107,115 motorcycles in a month. The company launched Baja] Wind 25, The World Bike in India. It launched its Caliber 115 ‘Hoodibabaa! ‘ in the executive motorcycle segment. 2004- B aja] Discover DTS-I, new Baja] Chetak 4-stroke with wonder gear and Baja] CT 100 were launched. Baja] unveiled new brand identity, new symbol, logo and brandline. 005- Baja] Discover, Baja] Avenger DTS-I and Baja] Wave DTS-I were introduced. 2006- Baja] Platina was launched. 2007- RE GDi autonckshaw, Bajaj XCD 125 DTS-Si, Bajaj pulsar 220 DTS-Fi, 200 cc Pulsar DTS-I and Baja] Kristal DTS-i were launched. The company also underwent through revamping of its organisational structure. 008- Baja] Platina 125 DTS-Si was launched. 2009- Bajaj pulsar 150 & 180 upgrade and Bajaj XCD 135 DTS-Si were launched 2011- April, Baja] Records its best year ever of 2010. HISTORY OF RAHUL BAJAJ Rahul Baja] Chairman, Baja] Auto Limited. Mr. Baja] (b. June 10, 38) is recognized as one of the most successful business leaders of India. He heads the Baja] Group of Companies which is a leader in a variety of manufactured products and financial services in India and abroad including motorized 2 and 3-wheelers, home appliances, electric lamps, wind energy, special lloy and stainless steel, cranes, forgings, infrastructure development, material handling equipment, travel, general and life insurance and investment, consumer finance & asset management. Mr. Baja] holds an Honours Degree in Economics from Delhi University, a degree in Law from Bombay University and an MBA from Harvard Business School. Mr. Baja] is the Chairman of the Board of many companies. He was elected to the Upper House of Parliament (RaJya Sabha 2006 – 2010). Mr. Baja] has received many prestigious awards and recognitions, notable being the award of ‘Padma Bhushan’ by he Government of India in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times, Ernst & Young and CNBC TV18. Mr. Baja] was appointed Knight in the Order of the Legion of Honour by the President of the French Republic. Mr. Baja] has been conferred Honorary Doctorates by 7 Universities including IIT Roorkee. The Project Report On Strategic Leaders Page 4 Mr. Baja] was the President of Confederation of Indian Industry (Cll – 1979-80/1999-2000). He was President of Society of Indian Automobile Manufacturers SIAM) and Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA) and Chairman of the Development Council for Automobiles and Allied Industries. Mr. Baja] was appointed by the Government of India the Chairman (1986- 89) of the Government owned domestic carrier, Indian Airlines. Mr. Baja] was nominated by the President of India the Chairman of the Board of Governors of the Indian Institute of Technology, Bombay during 2003-06. Mr. Baja] is a Member & former Chairman of the International Business Council of the World Economic Forum, Geneva and a Member of Harvard Business School’s Global Advisory Board. He is also a Member of the International Advisory Council of the Brookings Institution, Washington DC and a Member of the Executive Board of Indian School of Business. Mr. Baja] spear-heads the CSR initiatives of the Baja] Group which include Jamnalal Baja] Foundation and Shiksha Mandal and a number of social organizations including Bharatiya Yuva Shakti Trust and Ruby Hall Clinic, a large hospital in Pune as their Chairman.

ACT Test Information Release Should You Order It

ACT Test Information Release Should You Order It SAT / ACT Prep Online Guides and Tips If you’re hoping to find out more information about your ACT scores or use your test as a study aid, you should think about ordering Test Information Release. I’ll go through what’s included in TIR, why you should strongly consider ordering it, and how to order it for your test. What Is Test Information Release? Test Information Release is essentially an all-access guide to your ACT scores.You can order it during registration or up to three months after you take the test, and it costs $20. Here’s what you get for your money: A copy of the multiple choice test questions A list of your answers The answer key If you took the writing portion, you also get a copy of the essay prompt and essay scoring guidelines along with your essay scores You will also receive information about ordering a photocopy of your answer sheet (and essay, if you took the ACT with Writing) for an additional fee.Test Information Release is only offered for the December, April and June ACT test dates at national test centers. Unfortunately, on other dates there is no comparable service offered by the ACT, so if you want to review your scores in-depth you should stick to those test dates. Reasons to Order Test Information Release There are several reasons you might order TIR as a supplement to your regular score report, including its usefulness for future studying and its clarification of the mistakes you made on the test. Reason #1: It’s a Great Studying Tool! If you’re planning on taking the ACT more than once, Test Information Release is an excellent resource. It allows you toreview the test questions and analyze your mistakes to avoid repeating them next time you take the test.Focusing on the mistakes you made in a real test environment will increase the efficiency of your prep time. The ACT says on the order form for TIR that â€Å"you should not expect to receive [your TIR materials] before the registration deadline or in time to study for the next test date.†But if you’re not planning on taking the test on the very next date(or if you are but you think you might take it a third time later), TIR can be super useful as a study guide. Reason #2: You Got a Score You Didn’t Expect and Want to Review Your Answers in More Detail If you’re stumped by your ACT score, ordering Test Information Release can help you make sense of what happened.With full access to the questions, it’s more likely that you will remember why you made certain mistakes. If you believe an error was made in the scoring process and are considering going a step further and ordering Hand Scoring for the ACT, you should order TIR first.Hand Scoring means that a real human from the ACT will review your answers to see whether there was a mistake in the scantron scoring process.This is relatively expensive ($45 for multiple choice or essay, $90 for both), so you should make sure you have a good reason to do it. Test Information Release will either confirm or deny your suspicions about your score based on whether you remember answering questions the way it says you did on your score report. With TIR, you get to be your own ACT detective! Don't get too excited. How to Order Test Information Release As mentioned above, if you already know you want to order Test Information Release before you sign up for the ACT, you can order it along with your original registration (check the TIR box during online registration).You should receive your materials four weeks after your scores are released.If you order TIR after the test, your order has to be postmarked within three months of the test date.You must send the form and check via snail mail.Here is a link to the form. Mail the form, along with a check for $20 made out to ACT, to this address: ACT Test Information ReleasePO Box 4008Iowa City, IA 52243-4008 You should expect to receive your materials three to five weeks after you send in the order form.Remember, you can only order TIR if you test on official dates in December, April, or June at a national ACT test center. What's Next? Still not sure whether you should retake the ACT? Here's a quick guideto help you decide. Or are you just trying to find the right test date for your situation? Learn more about when you should take the ACT. Use this guide to figure out your target ACT score so you have a goal in mind for the next time you take the test! If you're looking for tips on specific sections, take a look at these articles on how to earn the best scores on each section of the test. Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically.

Names and Functions of Chemical Elements in Fireworks

Names and Functions of Chemical Elements in Fireworks Fireworks are a traditional part of many celebrations, including Independence Day. There is a lot of physics and chemistry involved in making fireworks. Their colors come from the different temperatures of hot, glowing metals and from the light emitted by burning chemical compounds. Chemical reactions propel them and burst them into special shapes. Heres an element-by-element look at what is involved in your average firework. Components in Fireworks Aluminum: Aluminum is used to produce silver and white flames and sparks. It is a common component of sparklers. Antimony: Antimony is used to create firework glitter effects. Barium: Barium is used to create green colors in fireworks, and it can also help stabilize other volatile elements. Calcium: Calcium is used to deepen firework colors. Calcium salts produce orange fireworks. Carbon: Carbon is one of the main components of black powder, which is used as a propellant in fireworks. Carbon provides the fuel for a firework. Common forms include carbon black, sugar, or starch. Chlorine: Chlorine is an important component of many oxidizers in fireworks. Several of the metal salts that produce colors contain chlorine. Copper: Copper compounds produce blue colors in fireworks. Iron: Iron is used to produce sparks. The heat of the metal determines the color of the sparks. Lithium: Lithium is a metal that is used to impart a red color to fireworks. Lithium carbonate, in particular, is a common colorant. Magnesium: Magnesium burns a very bright white, so it is used to add white sparks or improve the overall brilliance of a firework. Oxygen: Fireworks include oxidizers, which are substances that produce oxygen in order for burning to occur. The oxidizers are usually nitrates, chlorates, or perchlorates. Sometimes the same substance is used to provide oxygen and color. Phosphorus: Phosphorus burns spontaneously in air and is also responsible for some glow-in-the-dark effects. It may be a component of a fireworks fuel. Potassium: Potassium helps to oxidize firework mixtures. Potassium nitrate, potassium chlorate, and potassium perchlorate are all important oxidizers. Sodium: Sodium imparts a gold or yellow color to fireworks, however, the color may be so bright that it masks less intense colors. Sulfur: Sulfur is a component of black powder. It is found in a fireworks propellant/fuel. Strontium: Strontium salts impart a red color to fireworks. Strontium compounds are also important for stabilizing fireworks mixtures. Titanium: Titanium metal can be burned as powder or flakes to produce silver sparks. Zinc: Zinc is used to create smoke effects for fireworks and other pyrotechnic devices.

Marketing (brand management question) Essay Example | Topics and Well Written Essays - 1000 words

Marketing (brand management question) - Essay Example A classic example will be DHL. This company won the Platinum Award (Airfreight / Courier Service category) in the Superbrand 2005. Its brand statement is to enhance the customers' businesses by offering express delivery and logistics solutions based on strong local expertise combined with a vast global network. They keep to their words and thus winning glory in the industry. Different from the business markets, consumer markets will need more product features and advertising for their product. The audience for consumer markets branding involve the general public, in which the variance of needs and desires are greater than a business markets. Dell Computer is the example of this category of branding. It manages to position itself as a customize personal computer provider. This is collaborated by its successful supply chain management which makes it its brand identity. A "branded house" means a company which itself is a brand. The products come under this company will be the subset of the main brand. In branding, it gains level of acceptance and importance in short time due to the previous identification with the parent brand. Take for example, Hewlett Packard. This brand name covers products from laptops, desktops, Palmtops to even printers. All the products carry the same brand HP though they have names and are under different product category. It enters the market of palm tops easily despite the effort by Palm Plc. In contrary to that, a "house of brand" would be a company that markets a range of brands. A classic will be the Procter and Gamble (P&G). It comprises a lot of brands from different product categories such as Duracell the battery, Pantene the shampoo, Olay the beauty products, Mr. Clean the household cleaner, Braun the oral care products and many more. 3. Discuss the risks and benefit of brand extension. Research detailed examples of each. The benefit for a company to use a successful for brand extension could help it to enter a new product category. Examples are like the Fairy brand (Unilever) which extended from washing up liquid to washing powder and Lucozade which extends from a children's health drink to sports drink. This brought advantages to the company as it does not post doubt on the customers which presume the product as a newly launched products. It sustains the trust on a single brand to an extended product under the same brand. However, a failure in doing so could cause damage. Firstly, it is the dilution effect of the brand by products. The example is like when people talk about Fairy, it is not just only a washing liquid anymore. Secondly, it posts difficulties to connect with the parent brand names. Imagine if Colgate is marketing a candy product. It will be a disaster to the brand as the messages from the brand is inconsistent. 4. Discuss factors involved in successful brand differentiation. The key factors that could drive a successful brand differentiation are Desire for sustainable brand differentiation The company and its employees would need to have the same vision on brand differentiation as both are involve in making the strategy a success. Without management support or