Aaj Taak News Channel free essay sample

l Aajtak news is the leading news channel and the #1 rated 24-hour Hindi-language news channel in India. Aajtak is the fastest news channel provides information from all over India. Aajtak is the winner of many awards of News filed. Aaj Tak has earned the tag line Nations Best News Channel due to its aggressive journalism and cutting edge reporting. It has a reach of more than 45 million viewers in India. This is the only channel that connects you to the whole world not after the event happens, but on the time of incidents happen, so this is the only channel that lives you and connects you to the whole world. Not only the news, has this also entertained the public by showing varities of show. This is the only channel of India that remains Indians connected not only with the news but also with some other knowledgeable things and with the entertainment world also. We will write a custom essay sample on Aaj Taak News Channel or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Aaj Tak is the world class broad caster of News that provides not only the Indians but also the foreigners its services by warming up the people through its hot and live news. Aaj Tak gives information to public about each and every field i. e. News regarding each and every field. Therefore Aaj Tak is the perfect and Up to date News Channel. Aaj Taks wide array of news programming includes daily news bulletins on Aaj Subaha and 10tak, politics, sports, business, entertainment, international coverage and much more. Aaj Tak delivers the latest news in a viewer friendly language – as and when it happens. Besides the unrivalled bulletin coverage, Aaj Tak has also pioneered feature-based programming within the news genre with leading shows such as Seedhi Baat, Cinema, Khel and Jurm. It reaches to people in remote villages too, where this channel is hugely popular because of the channel`s India centric programmin * BOARD OF DIRECTOR’S Aroon Purie: Chairman and Managing Director, is the Founding Editor and Editor-in-Chief of India Today and Chairman of the India Today Group. He is a graduate from the London School of Economics with a degree in Economics and is a Fellow of the Institute of Chartered Accountants (England Wales). Mr. Purie: Has greatly contributed to journalism in India. He entered the publishing business and founded the India Today Group. Rakesh Kumar Malhotra Is a commerce graduate from Hansraj College, Delhi University. He has about 28 years of experience in Business and Industry. Mr. Malhotra is the Chairman of the Audit Committee and Remuneration Committee. Anil Vig Is the Managing Director of Anika International Private Limited, a company engaged in imports and exports, and of Ebony Fashions Private Limited, one of the largest textile manufacturers in India. He is also a partner in Aristo Chemical Analytical Works. He has completed his Bachelors of Arts in Commerce from the Delhi University and later studied at the Paper School in Finland. Anil Mehra: is proprietor of Anil Mehra Company, Chartered Accountants and is a partner of Mehra, Singh Vishwanath, Chartered Accountants. He completed his Bachelors in Commerce from the Delhi University and obtained professional accreditation as a Fellow Chartered Account from the Institute of Chartered Accountants (England Wales) and the Institute of Chartered Accountants of India. Mr. Mehra has over 30 years of audit experience in statutory audit, internal audit, management audit, and in special investigative audits of private and public companies. He also has experience in advising companies on financial manageme Rajeev Thakore Completed his Bachelor of Arts in Economics from St. Stephens College, New Delhi, MBA from University of Saskatchewan, Canada and Pre Business Program from Kent State University, Kent, Ohio, USA. He has about 20 years of experience in banking and financial services sectors. At present, Mr. Rajeev Thakore is the Managing Director of Jacob Ballas Capital India Pvt. Limited and Jacob Ballas Information Technologies India Pvt. Limited. Ashok Kapur Is a Bachelor of Architecture. Being an Industrialist with vast experience in diversified field, he holds position of Director in many well known Public and Private Limited Companies. Ms. Koel Purie Rinchet: Has Graduated in the field of Acting from Royal Academy of Dramatic Arts (RADA) and Graduated in Politics, Philosophy and Economics (PPE) from University of York. Ms. Rinchet holds 15 years of experience in the field of films and dramatic arts, as an actor, producer, assistant director, host and anchor etc. She is well known in the television and film industry in India. Her achievements and experience during the last 15 years in films, dramatic arts provide a vital insight to the entertainment industry. History and major events The key milestones of our business are as under: TV Today Network Limited (TVTN) was incorporated on December 28, 1999 as a company with a limited liability under the Companies Act, 1956. TVTN received the certificate of commencement of business on February 7, 2000. TVTN is promoted by Living Media India Limited (LMIL), its holding company. LMIL had been conducting News Broadcasting business through one of its divisions, TV Today Division since 1994. TV Today Division has been transferred to TVTN as a going concern by Business Transfer Agreement executed between LMIL and TVTN. Presently, TVTN runs four 24 hours News Current Affairs channels, namely Aaj Tak, Dilli Aaj Tak and Tez in Hindi and Headlines Today in English. CALENDAR YEAR| EVENTS| | | 1988| Launched Newstrack, a 90 minute monthly video cassette covering the news of India and the Asian sub-continent. | | | 1994| Produced Style Today, a weekly half-hour fashion magazine. | | | 1995| Produced a 20-minute Hindi news bulletin, Aaj Tak, aired on the Metro channel of Doordarshan. | | | 1996| Launched Good Morning Today and Sapthahik Aaj Tak. Aired special election programs such as Aap Ki Sarkar. | | 1997| Launched Business Aaj Tak and aired the proceedings of the Union Budget 1997 in Parliament and also aired its analysis. Newstrack transformed into a weekly television programme aired on the Metro channel of Doordarshan. | | | 1998| Newstrack was telecast on Star TV for one year. Launched Subah Aaj Tak, Dilli Aaj Tak, Gaon Aaj Tak, Aaj Ki Naari and Aaj Ka Agenda. Also aired Election Results 1998, Aap Ka Faisla, Economic Survey, Curtain Raiser to the Budget, and Assembly Elections. | | | 1999| TV Today Network Limited Incorporated. | | | 000| Living Media, transferred news broadcasting business to TV Today, in accordance with the terms and conditions of the Business Transfer Agreement. Aaj Tak launched as a 24-hour news channel providing Hindi news. | | | 2001| Aaj Tak declared the Best News Channel by Indian Television Academy Awards in 2001. | | | 2002| Aaj Tak declared the Best News Channel by Indian Television Academy Awards in 2002. | 2003| Launched the English news channel, Headlines Today. Aaj Tak declared the Best News Channel by Indian Television Academy Awards in 2003 and TV News Channel of the Year Award by Indian Telly Awards 2003. | PROGRAM’S SCHEDULE , . . , . :   3:30 . , . . , . . . . , ? - . :   4. 30 . . . -? - . :   5. 30 . , . . . , - . . . : 11 . . - . . ? . :   11. 30 . . , . . , . , , . :   9. 30 . ? , . . . . . . :   8 8. 30 . 10 -? - . , . 10 , ? , . . : 10 . . . ? , ? . , . 10 . , . . . ?. :   10 . - . , . . . :   7 . OUR BUSINESS We are the leading news broadcaster of India, based on number of viewers for the week ended November 15, 2003. We have changed the way news is delivered to Indian audiences and have continuously innovated to retain and increase our viewership. With viewership of approximately 22. 7 million viewers, as per TAM viewership data for week ended November 15, 2003, we have effectively created a unique platform of a large and loyal audience for the advertisers to reach their target group. We believe that our leadership position is on account of our superior understanding of the audience preferences based on our management’s experience in the news business, since the launch of Newstrack, in 1988. The key milestones achieved since 1988 have been elaborated in the section â€Å"Our History† on page 43 of the Prospectus. Our consistent leadership position, we believe, in terms of number of viewers for the period May 2001 to November 15, 2003, is due to our editorial excellence, independent distribution and sales capabilities, customized state-of-the-art technology and a motivated team of well-qualified professionals. We are the first Indian broadcaster to uplink from India, a 24 hour Hindi news channel, Aaj Tak in December 2000, followed by the launch of Headlines Today in March 2003. Aaj Tak delivers news in Hindi, reaching out to the large Hindi user segment constituting approximately 52% of India’s urban population as per NRS 2002. The Indian Television Academy awarded Aaj Tak the â€Å"Best News Channel† for three consecutive years 2001, 2002 and 2003 and the channel was awarded the â€Å"TV News Channel of the Year† during Indian Telly Awards 200 2 and 2003. Aaj Tak is the market leader in the news broadcasting genre with approximately 29% market share in the Hindi news genre as per TAM viewership data for week ending November 15, 2003, and has been the market leader since May 2001, as per TAM VIEWERSHIP DATA. l Our English news channel, Headlines Today, primarily targets young urban viewers, who need sharp and crisp delivery of news. Our market share was approximately 9% amongst English news channels, according to TAM viewership data for the week ending November 15, 2003 We intend to maintain our leadership position by investing in infrastructure, technology and people to cater to the fast growing needs of viewers and advertisers. We will consolidate our market leadership by capitalising on the growth opportunities that we believe exist, in the Indian broadcasting industry such as niche channels, adopting the subscription revenue model, and international distribution of our channels. For the financial year 2003 and the four month period ended July 31, 2003, our operating revenues were approximately Rs. 1084. 9 million and Rs. 367. 9 million, respectively, EBITDA was approximately Rs. 543. 6 million and Rs. 172. 8 million, respectively, and our net profit was approximately Rs. 259. 3 million and Rs. 82. million, respectively. AWARDS AND RECOGNITIONS Our strong position in the Indian news broadcasting market has won us various awards and recognitions, including: l Aaj Tak received the â€Å"Best News Channel Award† from Indian Television Academy Awards in 2001, 2002 and 2003; l Aaj Tak was awarded the â€Å"TV News Channel of the Year† during Indian Telly Awards 2002 and 2003; l Only media brand to be included in the Brand Derby study by Business Standard, 2002; l Aaj Tak was rated as â€Å"India’s #1 News Channel in terms of brand recall, credibility and lead time† in June 2003 by Exchange4media. om NFO MBL television News Watch; and l Aaj Tak has been rated as one of the most successful brand launches during the past seven years, in the Brand Derby in the study conducted by Business Standard, September 2003. BUSINESS STRATEGY We believe that we are well positioned to expand in the fast growing news broadcasting industry which is well positioned to achieve further growth as a result of increasing penetration, viewer preference to continuously stay informed and the growing number of advertisers in the news broadcasting genre. Our strategic objective is to further consolidate our leadership position in the news Increase viewership by upgrading our studios and bureaus, investing in state-of-the-art technology and software, creatively innovate to differentiate ourselves from competition to increase viewer loyalty, launching niche channels and distributing our news channels to Indians abroad; Capture an increasing share of advertising revenue potential by introducing innovations and incentives in our annual rate card, focus on offering sponsorships of our programs, offering differentiated programming mix at the weekends and expanding time bands and increasing inventory utilization; l Significantly increase the inventory utilization on Headlines Today; l Charge subscription revenue, when appropriate; and l Managing growth while optimizing cost

individual reflection on Jesus as the vine and we are the Branches Essays

individual reflection on Jesus as the vine and we are the Branches Essays individual reflection on Jesus as the vine and we are the Branches Essay individual reflection on Jesus as the vine and we are the Branches Essay My contribution to the group isnt exactly big as to the conflicts between schedules and communication but I have been able to provide an answer and an understanding of the title/image of Jesus that were given to us. And that might not be like shooting, or participating in the video but it is big in terms of understanding and actually realizing the purpose of the project. As for the specific information I have learned about the life and mission of Jesus? Well, based on my understanding of Jesus as the vine and we are the branches, He serves as our basis and center for growth. He serves as vines in our lives, in a way that without Him, we would not be able to fully grow as a person and to be able also to fulfill our mission in life. He is what connects us and makes us grow and bloom further in life as with the help also of God. I have realized from this project that His mission is to also help us in our mission as creations of God. We cannot fully grow and pursue things we want and eed in life without the guidance of God and our dependence and faith in both God and Jesus. For myself, I have realized that creating a stronger, like the branches with the vine, if taken properly, grows and blooms in the most beautiful way possible. And as for me as a creation of God, it is by having strong faith in Jesus and truly putting in my mind and heart Gods Word and Will and Just being Christ-centered In everything. As the branches only weaken when it is not fed and taken care of like the relationship with Jesus and God with us.

Effective Performance Appraisal System Essay Example | Topics and Well Written Essays - 2000 words

Effective Performance Appraisal System - Essay Example The systems approach will identify the barriers and emphasize on defining the objective of performance appraisal, determine what time would be effective for conducting the process, the addition of some effective appraisal categories, and concentrating on the result of the appraisal and finding loopholes if necessary. I can consider the systems performance appraisal approach being used in my organization effectively as it is based on all the factors discussed above and it also takes into account some other factors such as results, objectives, behavior, competencies and several arrangements of methods. In this paper I will further discuss how I would ensure that the solution I recommended complies with five requirements defined by Cascio, which are sensitivity, relevance, reliability, practicality and acceptability. I will also be shedding light on how by preventing some legal difficulties the organization can avoid the rating error. The results of the previous assessment will also be compared with the finding in order to analyze the recommended performance appraisal system (Kondrasuk, 2012). The terms performance reviews and performance evaluation hold the same meaning as the â€Å"Performance Appraisal†. Performance appraisal is considered to be the assessment conducted to evaluate the performance of employees. It is also defined as an assessment conducted to provide the employees feedback on their performance. Performance appraisal is also defined to be a system where the expected job performance is compared with employee’s actual job performance, providing feedback to the employees so that they may change their goals accordingly and enhance their performance in future. Performance management of employees is considered to be an integral part of the performance appraisal system. McGrath has explained in detailed the Integrated performance management that is based on strategic and operational plans,

A WOMAN'S CURSE Assignment Example | Topics and Well Written Essays - 250 words

A WOMAN'S CURSE - Assignment Example A woman going through such situation could be certain that she could become pregnant, though presently not pregnant, but healthy enough to become pregnant. Writing through the Beverly Strassmann empirical research work, having lived for over two years among the Dogon of Mali in West Africa, being part of their culture, and the menstruating women were being confined to menstrual huts that are behind the compound of the village. Urine samples collected by the researcher showed that the women did not visit the huts throughout the pregnancy or during the period when there is an absence of menstruation. This means that the menstrual taboos of the Dogon traditional culture were useful in providing men with the genuine signals of female reproductive status. An implication of Strassman’s work might be reflected that modern lifestyles and the proliferation in the use of contraceptives might be in conflict with a woman’s naturally evolving biological developments. To support this proposition, she noted that the Dogon women menstruate 10 times while western women counter parts menstruate at least 400 times and even more. A feature may lead to cancer prone among the western women folk more than he Dogon traditional women folk. The study by Strassman, as analyzed by the author has proposed the interplay between biology and culture in human reproduction, a leading factor in human behaviour

Culture report Essay Example | Topics and Well Written Essays - 1000 words

Culture report - Essay Example The students that attend this high school have many obstacles to overcome in their lives. The reservation is a place of high poverty, high unemployment and high rates of substance abuse. It is the type of environment that keeps people from succeeding in life. Yet, this remarkable high school basketball team seems to find a way to win every year. They have won five state championships against much larger, well-funded schools. One of the secrets to the success of the team is their dedicated coach Al Redman. The movie focuses on Beaver C’Bearing and the work he and his coach put into winning. It shows that the boys on the team succeed by working hard to hone their skills and by working together. The movie shows that unfortunately, the lessons learned on the basketball court often do not translate to life on the reservation. Much of the conversation in the movie centers on players that were once great but have failed to have successful lives. II. Relevance of the movie CHIEFS to M arketing There is a lot of relevance in the movie CHIEFS to cross cultural marketing. One of the aspects of culture that was displayed in this movie of Native American culture seems to be the aspect of a focus on shared ownership of public goods. The Chiefs basketball team belongs to the reservation. It occurs to me that this is truer for this community of Native Americans than it is for the typical American community with a more Euro-centric culture. The Chiefs literally belong to the community, no one person or group has more of an interest in them than anyone else does. That is why everyone leaves the reservation to go see the Chiefs play their games in the playoffs. What this means for marketing is that any attempt to market the mystique, culture or logo of the Chiefs would have to be done in a way that benefits the entire community. If any one single individual or group were to try to monopolize access or attempt to brand the Chiefs in a way that excluded the community at large , I believe that this person would have a difficult time succeeding. This team is truly the heart and the soul of the Wind River Reservation in some ways. It is more than a source of pride, it is a public good, and therefore the public will have to be supportive of any marketing efforts involving the team. III. Personal Reaction to the viewing of the movie CHIEFS. I really enjoyed the movie and the crowd that had gathered to watch the movie. I really got caught-up in the stories of these basketball players and how difficult their lives were. I never felt sorry for them, because they seemed so determined to succeed at basketball. I felt that the writer and director of the film did a great job depicting the challenges Beaver C’Bearing and his teammates faced, without sensationalizing the challenges they face off the court. At times, the movie was sad, but always made me feel as though in the end the people on the team would somehow, against all the odd succeed in life and in th e game of basketball. I could not help pull for the team in each one of their games, even though the players were flawed and imperfect people. Right to the end of the movie, I believed that these people were going to win. I wanted them to win because it appears as though they were dealt such an unfair hand by fate and by their circumstances. However, I liked the fact that the

Advantages And Disadvantages Of Shareholder Value Approach Finance Essay

Advantages And Disadvantages Of Shareholder Value Approach Finance Essay Nowadays shareholder value approach reflects to a modern management philosophy, which implies that an organization measures its success by enriching its shareholders. Shareholders or stockholders are individuals or institutions that owns in a legally form shares of a corporation. They are considered to be a subset of stakeholders, which are all individuals or communities, who have a direct or indirect interest in the business entity (e.g. suppliers, customers, government, competitors etc.). The philosophy of the shareholder approach attempts to increase the organizations value by enhancing firms earnings, by increasing the market value of corporations shares and by increasing also the frequency or amount of dividend paid  [1]  . Furthermore according to many business analysts shareholder value approach provides managers with clear mission and it facilitated decision making. Whether is it reasonable or not for the managers and the overall welfare of the organization, this is something, which is analyzed later on the seminar paper. All these objectives, companies strive to achieve, make this value analysis a traditional business measurement used in business today. The idea is that shareholders money should be used to earn a higher return than it could by investing in other assets with same amount of money and risk. It was developed in the 1980s by Alfred Rappaport and it can be used to estimate the value of shareholders Stake in a company or a business unit and also as basis for meeting and evaluating strategic decisions. Furthermore there is a pervasive consensus that managers should strive to maximize shareholder value and by doing so helps the organization to maximize social welfare. According to Hansmann and Kraakman, 2000, most widespread arguments is that corporate managers should act exclusively in the economic interest of shareholders and that the best means to this end, the pursuit of aggregate social welfare, is to make corporate managers strongly accountable to shareholder interest. In fact a precious tool for measuring all the above is the Shareholder Value Analysis, which follows later on the seminar paper, examining also the advantages and disadvantages of its implementation and function. Furthermore will be discussed the financial arguments and the reasonability of the Shareholder Value Maximization as long as relationship between the shareholder value, ethics and social responsibility as well. SHAREHOLDER VALUE ANALYSIS Shareholders value analysis (SVA) is also known as value based management. Its lead by the principle that the management of a company should take into consideration the shareholders interest and advantages before meets any decision, set short-term or long-term objectives and decide companys strategy as well. SVA is a characteristic substitute for trade business measurement, which has improved a lot by time passing. Due to the fact that companys value is calculated based on the value returned to its shareholders, in the past had been criticized for being either short-term measured or only based in past figures. SVA takes a longer-term view and is about measuring and managing cash-flows over time.  [2]  The shareholder value is calculated by estimating the total net value of the company and dividing the figure by the value of shares. Once the value has been calculated the company can set targets and objectives for improvement and measure also its managing performance. For a successful implementation of shareholder value analysis first managers should understand and calculate the organizations shareholder value and gain top management commitment. SVA believes that to assess business performance though maximization of shareholder value is an objective to be accepted by the top management to be achieved and part of the root of the organization. Furthermore managers should identify the key value drivers of the organization and set performance targets providing a framework also with assigning responsibilities to individual managers, reviewing the financial performance of the business and developing strategic plans. To continue with, the approach should be communicated and the staff must be trained. In many case in order to effectively reach the SVA companies are willing to change also the organizations information systems to monitor and measure performance. It is important also to mention that the creation of sustained value will require permanent moni toring and thats mainly the reason for the managers to monitor review progress and refine the targets.  [3]   ADVANTAGES OF SHAREHOLDER VALUE ANALYSIS Shareholder value analysis has as principal that the management of a company should first consider the interest and the advantage of the shareholders, before it meets any decision. The Advantages of Shareholder Value Analysis are performed as follows: It provides a long term financial view on which to base strategic decisions It provides a universal approach that is not subject to the particular accounting policies that are adopted. It is therefore internationally applicable and can be used across sectors It forces the organization to focus on the future and its customers, in particular the value of future cash flows. DISANDVANTAGES OF SHAREHOLDER VALUE ANALYSIS However disadvantages of the shareholder value analysis are performed as follows: Estimation of future cash flows, a key component of SVA can be extremely difficult to complete accurately. This can lead to incorrect or misleading figures forming the basis of strategic decisions. Development and implementation of the system can be long and complex. Management of shareholder value requires more complete information than traditional measures.  [4]   PRINCIPLES AND DECLARATION ABOUT SHAREHOLDER VALUE MAXIMIZATION The commitment of an organization among shareholders is not a theoretical future goal of an organization but is very often stated to the companys mission statement. Usually firms aim at shareholder value creation and maximization when they make claims such us we create value for our shareholders, we want to provide excellent return for our shareholders, and we have a responsibility to our shareholders. Our mission is to remain a strong and independent financial services organization creating value for shareholders, customers, employees and the communities where we do business, while maintaining the highest standards of business ethics. Mission statement, Chemung Canal, Trust company Many academics through the years had an overall perspective that managers should strive to maximize shareholder value and that doing so maximizes social welfare. According to this belief managers should act in the economic interest of their shareholders and thats the fundamental objective of the shareholders. As the shareholder value is difficult to influence directly by any manager, it is usually broken down in components or value drivers, such us revenue, operating margin, cash tax rate, Investment in Working capital, Cost of capital and competitive advantage period.  [5]  Though it is important to mention that quick profit doesnt give return to shareholders; usually competitive advantage takes care of it. If a business choose to sell lower standard products to reduce cost and gain quick profit it may have the danger that its reputation will be destroyed, will lose competitive advantage and the price of its shares will be reduced. Is the shareholder value maximization a healthy defined target for the organizations? Nowadays no country, not even the shareholder-friendly USA has a legal requirement that managers act absolutely in shareholders advantage and in fact the law makes it legal for directors to consider also other interest. Although firm that are willing to have an openly commitment to shareholders seem to do better in comparison with others, there is no case that make shareholders value maximization the societys most desirable corporate target or that competitive markets for goods, capital and labor pressure managers to seek on that specific goal.  [6]   Furthermore, markets are incomplete; meaning that profit maximization is not well defined and possible conflicts of interest cannot be prevented or in many cases resolved. Under this assumption financial researches have shown that stakeholder-oriented firms are usually more successful than shareholder-oriented firms, because market forces are forcing them to do so. What role do market forces play in the shareholder value maximization? Competitive markets are playing a significant role to this argument because they can push managers to act on interest of all stakeholders. Usually they are pushing inefficient firms to cut costs and focus on customer needs rather than shareholders interest. Managers can survive the challenges of competition even though they do not maximize economic profits; but capital markets have this role. It seems that capital markets do not leave managers another way but maximizing shareholders interest and doing so maximizing companys welfare. If investors with many shares of an organization feel that share are going more and more down and start losing money, they may try to take action and influence the decision making, which could mean that managers are risking their jobs. All in all the combination of the different market forces are those, who can affect or even force managers to act in advantage of stakeholders. A mentioned the basic principles of shareholder value maximization are not clearly defined for the market and even if so, are not in many cases reasonable and possible in the real world. Corporate social responsibility is one of the main targets organizations are focusing, because it keeps them competitive and acting in an ethical way can also achieve the maximization of shareholder value. Let us take a closer look to CSR and how can affect the overall shareholder value approach. SHAREHOLDER VALUE AND SOCIAL RESPONSIBILITY How managers and organizations respond to ideas of corporate responsibility is expressed by the idea that organizations have external environment with an interest in, or who are affected by what the organization does. Additional to this are the ethical investors advocating care for the natural environment. With the term ethical investors are mined those people who are investing only in businesses that meet specified criteria of ethical behavior. These stakeholders can affect in a negative way the organization and its environment if they disapprove managers policies among things like: Negative publicity in local and national media Direct action and protests Threats or actual legal action Withholding planning or other permissions necessary for operations If managers can satisfy shareholders expectation they will maintain their support and they will also increase shareholder value. If not investors will flee from unethical companies or those who are not respecting the responsibility among stakeholders, mistreating for example their employees or the environment. Characteristic examples are Nike, Union Carbide and Exxon Mobil. The expectations of the financially centered investors are not only high return on investment but strong corporate responsibility and reputation as well  [7]  . After all corporations have a strong social and environmental impact and role. Businesses need the approval of the society to make profit and as follows to return value to its shareholders. If policymakers, investors and executives want to address corporate responsibility, the corporate governance must be coupled with global corporate social responsibility, which can be defined as business practices based on ethical values and respect for the internal and external environment of the company, such as employees and committees.  [8]   It is important to mention that being social responsible in a proactive way can create an opportunity for the firm to strategically alter production and translate innovation into competitive advantage. This is consistent with Russo and Fouts (1977) who successfully mentioned that environmental management and the associated performance outcome are integral parts of effective management, whereby a pollution prevention policy builds organizational commitment and increase employee productivity and participation. In that way they show also a link between the level of social responsibility and the return on invested shares. Managers dont face a tradeoff between financial performance for the shareholders and eco-efficiency and investors may be able to usefully incorporate environmental information into investment decision.  [9]   However shareholders cannot simply rely on market forces to ensure corporate responsibility because although market has encouraged more and more organizations to act in consideration of social responsibility, market forces have not been sufficient to ensure such a behavior over times. In many case we see that such responsible organizations may have higher costs, which may allow competitors to gain market share. Does a social sustainable environment return value on shareholders? Finally is there any relation between companies on best practices in an ethical way and the returned value on their shareholders? In some cases highly ranked companies do outperform the market (e.g. Filbeck, Gorman and Preece, 1977) while in some other case the returned value on their shareholders is significantly low (e.g. Kolodny, Laurence and Ghosh). Many of the socially responsible studies center among big organizations are performed to diversified stock market indices.  [10]  Many economists do not find statistically significant difference between the earnings of socially responsible funds compared to more traditional funds. In fact many big organizations in India have made a research over the past ten years in order to explore this relationship between dimension of ethics and CSR and shareholder returns. According to National Stock Exchange of India social responsible companies are not expected to perform higher than companies focused only to the economical welfare. CONCLUSION To sum up, shareholder value is something more than a simple organizational approach; its a management philosophy reflecting on the overall firms success, providing managers with a clear mission and facilitating decision making. The most important tool for enhancing this managerial approach is the shareholder value analysis, which gives managers all the principles needed in order to take shareholders advantage into consideration before any decision making and also provides them with practical steps in order to increase firms and investors value from top to the bottom. On the other hand, shareholder value approach often need estimation of future cash flows, which can be very difficult to complete and the development of such a system can be complex for an organization. According to many mission statements of firms, the increasing of shareholders value maximizes social welfare. But this can be reasonable only with the correct strategies and objectives in order to increase profit, gain competitive advantage and consequently return value to the investors; quick profit through lower quality products can damage not only firms reputation but also reduce the price of the shares. Although there are not legal requirements for the organizations in most countries to act in advantage of shareholders interest, and shareholder value maximization is not a clear target for the modern economies, capital markets are the ones which force managers to do so. It is important to mention that this factor is not the most important one for organizations to win competitive advantage, because they mostly have to take under consideration all stakeholders; however is one that could threat their jobs, when investors see their shares undervalued. Closing and adding to all the above external environment is affected in the same way and maybe more in comparison to the internal one. Ethical organizations and those, who are acting on interest of corporate social responsibility and consequently can affect positively the stakeholders (including customers, communities, society etc.), are able to gain ethical investors and maintain their support. For any business action society is the one, which will give the approval to make profit and as follows return value to the shareholders. Shareholder Value Approach is a strategic thinking in modern business management. It shows the balance between competitive advantage, value creation and business strategy. I would like to close this project with a phrase that George S. Day, executive director of the marketing Science Institute Cambridge, successfully generates: For a strategy to win in the marketplace, it must create sustainable advantage; only when a strategy wins in the marketplace can it generate sustained shareholder value.  [11]  

The Bombing of Hiroshima – source related study

Source A is a picture source, which shows the mass devastation caused by the atomic bomb at Hiroshima. The source is an Ariel photograph, which was taken at the heart of Hiroshima, it was taken a day after the bomb was dropped. Source B is an eyewitness account of the bombs consequences and describes the people around him. Source A focuses on the geographical consequence of the bomb. From the source we can see mass destruction and devastation, there seems to be no signs of life what so ever. There is absolute destruction shown and there is only really one house visible, which is crumbling down into pieces. We see a large area (we can even see the mountains in the background, showing the extent of the damage) as the picture is quite wide and the picture is visually powerful, it shows the viewer a lot, as a picture paints a thousand words. It shows much more than any text would describe. It shows exactly what the Americans wanted to see, destruction to force the Japanese to surrender. It shows the power of the atomic bomb, approximately equivalent to the power of 100 million tons of TNT. The source may be taken for propaganda. It shows annihilation and this represents power. This may have been used to show the American people that the country was still powerful and get their moral up after losing hundreds of thousands of American lives. It may also have been used to show the rest of the world Americas supremacy. It does this very well. The source is extremely useful as it is a clear Ariel photograph which displays a wide area of land in which we can see the physical effects, which ultimately is high devastation. But the source can be unhelpful in some respects as it is only one area of Hiroshima and so there may not have been that much devastation overall. It may be the not be as bad as other parts and could be exaggerated. But ultimately the bomb had a large radius and would have destroyed a large area quite easily. Source B is an account by Mr Kazuo, it is an eyewitness account and so the source should be quite reliable. The source focuses more on the human aspect. He describes the gruesome deaths and mutations of various, innocent Japanese men, women and children. It gruesomely describes how people's eyes hung out, how they had holes instead of noses and how the skin hung like seaweed. The descriptions are extremely effective and gruesome and make people fell angry as innocent people went through such horrific pain. The source however is not as useful as it doesn't really focus on the physical side, although we learn bridges were still standing. It focuses much more on human aspects. It may not be as reliable as we think because the effects of the bomb may have tainted him, and naturally he would exaggerate the disaster to some degree, as the experience was shocking. He would have hated the Americans for what they did so would naturally exaggerate. Overall source A is a much more useful source as evidence of the physical effects of the Hiroshima bomb. The source is an actual photograph, which focuses on the land, and so we can gather much information about the physical effects. Source B is very useful in dealing with the human aspect of the bomb, but the visually powerful picture in source A is much more useful for the physical effects and paints a thousand words. There is so much mire we can learn and conclude from source A. it shows the true devastation to the land and shows the bomb and Americans left nothing standing in there way.

Joe Gransden Jazz Jam Essay

In the recent course of music, it is evident that changes and development are present. The variety of genres had expanded which led to the arrival of brand new breed of artist that is able to represent various entities and cultures. Moreover one of the genres which are developing is Jazz. For many years, different jazz musicians are present. In the current state of music, it is clear that music is flowing. Due to such realization it is needed as a researcher to see a jazz performer to fully see the development of music as well as the instrumentation of the band. More so, the researcher shall provide details to which different kinds of observation during the performance of Joe Gransden Quartet Jazz Jam. The Joe Gransden Quartet Jazz Jam is a group which is composed of different individuals who are actively performing different types of instrumentations. The most important instrument is the trumpet which is usually utilized in every song of the band. The band is greatly utilizing instruments rather than a vocal instrument. There is a satisfying sound of the base and drums and the cello which highlighted by the shallow sound by different instruments with a lighter sound. More so, the whole set which was played by the band were all complete with different instruments which add drama and emotions with the songs. Definitely the whole band is very great for they are able to present their craft and attain a response from the audience. For the band is jazz, the audience is calm and very appreciative of the music. Due to the excellence o the band, it is inevitable that the audience will be entertained and amused on how individuals could utilize music as a form of emotional and artistic perspective. On the other hand, attending such concert is similar to drinking a cold glass of water. Such kind of band is refreshing to the ears and to the soul. The music of the band and their musicality is unquestionable. Moreover, the excellence of each member in their instruments does not need any improvement. The association of each instrument is in line with each other. Upon this, the researcher sees that the Joe Gransden Quartet Jazz Jam is a unique band which does not present that jazz is a genre which is unlike any other. The presentation is highly classical in the perspective of the researcher. The instruments and the notes are learning to the classical music which is usually done in operas. More so, the instrument was playing a huge role in its own unique way. All the instruments were complementing each other. Therefore, the instruments are all highlighted in their own way. Looking at the perspective of the solo acts, it is slightly evident that each of the musicians has their own flare in providing a different style in playing the instrument. In addition to this, the lead of the band –Joe Gransden is an important player in the band. For he leads the whole group towards his visions, he is allowed the most pristine individual in the group. Although most of the musicians in the group is great in their on instruments, it is through the vision and knowledge of Joe Gransden that the group have gone to the levels and acknowledgement of the press and the audience. Moreover, the whole band was a breath of fresh air for the audiences who are interested

Free Essays on The Marketing Research Process

The marketing research process is the function that links the consumer, customer, and public to the marketer through information. Information is used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions, monitor marketing performance and improve understanding of marketing as a process. The marketing research process specifies the information required to address these issues, designs the methods for collecting information, manages and implements the data collection process, analyzes, and communicates the findings and their implications. The four steps in this process are : 1). Defining the problem and the research objectives Before starting the actual research process, marketers must determine the source of the problem, in order to be able to conduct the relevant research and avoid wasting time and money. A proper definition of the problem is the basic step to the whole process. Defining research objectives involves carrying out preliminary research and this includes, exploratory research, descriptive research and causal research. Exploratory research is marketing research to gather preliminary information tat will help define the problem and suggest hypothesis. Descriptive research is marketing research tat describes in a better way marketing problems, situations or markets. Causal research is marketing research to test hypothesis about cause and effect relationships. 2). Developing the research plan to collect the information. The second step of the marketing research process requires, determining the specific information needed, developing a plan for gathering it efficiently and presenting it to the marketing management. The plan illustrates sources of existing data, and determines what research approach, contact methods, sampling plan, and research instruments will be employed to gather relevant new data. The research approach includes: observa... Free Essays on The Marketing Research Process Free Essays on The Marketing Research Process The marketing research process is the function that links the consumer, customer, and public to the marketer through information. Information is used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions, monitor marketing performance and improve understanding of marketing as a process. The marketing research process specifies the information required to address these issues, designs the methods for collecting information, manages and implements the data collection process, analyzes, and communicates the findings and their implications. The four steps in this process are : 1). Defining the problem and the research objectives Before starting the actual research process, marketers must determine the source of the problem, in order to be able to conduct the relevant research and avoid wasting time and money. A proper definition of the problem is the basic step to the whole process. Defining research objectives involves carrying out preliminary research and this includes, exploratory research, descriptive research and causal research. Exploratory research is marketing research to gather preliminary information tat will help define the problem and suggest hypothesis. Descriptive research is marketing research tat describes in a better way marketing problems, situations or markets. Causal research is marketing research to test hypothesis about cause and effect relationships. 2). Developing the research plan to collect the information. The second step of the marketing research process requires, determining the specific information needed, developing a plan for gathering it efficiently and presenting it to the marketing management. The plan illustrates sources of existing data, and determines what research approach, contact methods, sampling plan, and research instruments will be employed to gather relevant new data. The research approach includes: observa...

Free Essays on The Nature Of Appearance’s Relationship With Reality In Modern English Satire

England, England, a sardonic novel by Julian Barnes, explores the dichotomy of man’s satisfaction with reproductions of authentic experiences. The story draws from the twisted ideas of the enigmatic Sir Jack Pitman, a well-known London entrepreneur who wishes to build a theme park on the Isle of Wight based on stereotypes and clichà ©s associated with England. His company purchases the island and creates an independent country where participants can visit and even live in a manufactured culture and history based on common preconceptions. Pitman rules the new nation as virtual dictator and hires actors posing as English people to inhabit the park. The protagonist Martha Cochrane, who suffers under Pitman’s yoke of influence as a â€Å"Special Consultant† (Barnes 45), eventually intervenes and takes control of â€Å"England, England† when she feels Jack has overstepped his authority. The author’s underlying philosophy is that humans prefer an ide alistic representation of the truth to the truth itself. Barnes employs two- sided characters and a counterfeit England to develop his theme that the world is an illusion. The private behaviors of Sir Jack Pitman’s character vastly deviate from the commanding personality he projects to his employees. To the public eye, the president of PitCo comes across as a ruthless, strict, and matter-of-fact businessman. Barnes characterizes him as having a bored and condescending tone with his coworkers. Indeed, when his subordinate Mark asks him how he intends to go about solving the problem of birthing a small sovereign nation from scratch, the stern Pitman only responds, â€Å"you do it by doing it† (128). A man with an obvious sense of innate encouragement, Pitman believes that the two means of achieving a goal are his way or the highway. One of his traits, however, stands out from the rest. An interesting quirk in the man’s character concerns his affection and loyal, scheduled sessions... Free Essays on The Nature Of Appearance’s Relationship With Reality In Modern English Satire Free Essays on The Nature Of Appearance’s Relationship With Reality In Modern English Satire England, England, a sardonic novel by Julian Barnes, explores the dichotomy of man’s satisfaction with reproductions of authentic experiences. The story draws from the twisted ideas of the enigmatic Sir Jack Pitman, a well-known London entrepreneur who wishes to build a theme park on the Isle of Wight based on stereotypes and clichà ©s associated with England. His company purchases the island and creates an independent country where participants can visit and even live in a manufactured culture and history based on common preconceptions. Pitman rules the new nation as virtual dictator and hires actors posing as English people to inhabit the park. The protagonist Martha Cochrane, who suffers under Pitman’s yoke of influence as a â€Å"Special Consultant† (Barnes 45), eventually intervenes and takes control of â€Å"England, England† when she feels Jack has overstepped his authority. The author’s underlying philosophy is that humans prefer an ide alistic representation of the truth to the truth itself. Barnes employs two- sided characters and a counterfeit England to develop his theme that the world is an illusion. The private behaviors of Sir Jack Pitman’s character vastly deviate from the commanding personality he projects to his employees. To the public eye, the president of PitCo comes across as a ruthless, strict, and matter-of-fact businessman. Barnes characterizes him as having a bored and condescending tone with his coworkers. Indeed, when his subordinate Mark asks him how he intends to go about solving the problem of birthing a small sovereign nation from scratch, the stern Pitman only responds, â€Å"you do it by doing it† (128). A man with an obvious sense of innate encouragement, Pitman believes that the two means of achieving a goal are his way or the highway. One of his traits, however, stands out from the rest. An interesting quirk in the man’s character concerns his affection and loyal, scheduled sessions...

Analysis of LinkedIn Research Paper Example | Topics and Well Written Essays - 1000 words

Analysis of LinkedIn - Research Paper Example Current ratio- The firm’s current ratio is increasing and getting stronger as the year progresses. A ratio of above one indicates the firm can settle its short-term obligation within a financial year and still conduct its operation effectively. This is proven by the networking capital across the year which increases across the year. In the year 2012, the ratio was 2.45 it rose to 4.7 in the year 2014. Return on Assets- The value of assets owned by LinkedIn Corporation is increasing across the financial years that have been analyzed above. However, the return on this asset is decreasing. This simply means that the assets the firm have invested on are not been utilized to the maximum or the resources are in surplus. In the year 2014, the return was in the negative figure because the firm had incurred losses. The revenue generated across the three years was increasing as well as the costs for revenue generation. However, the rate at which the cost of revenue was increasing was hi gher than that of revenue being generated. This has to be taken into account because if this continues LinkedIn profits will be â€Å"eaten-up†. Equity ratio- This ratio indicates a firm dependence on debt to run its operations. From the above analysis, the equity ratio for LinkedIn is good because over 60% of the firm’s asset was financed by its shareholders. However, in the year 2014, the equity ratio dropped to 61.3% from 78.4 % in 2013. According to (Samuels, and Wilkes, 72), it indicates the firm had increased its borrowing.

Basic characteristics, management and performance of Apple 02245 Essay

Basic characteristics, management and performance of Apple 02245 - Essay Example The profitability, market share, degree of competition and the growth strategy of the company will be thoroughly evaluated in this paper. The management approach and the performance of the company in the recent times are also analyzed. Apple Inc. has a unique corporate culture. It does not govern through many layers of management. The top management directly communicates with its employees. It tries to attract the employees by offering both, facilities and challenges. The enterprise is committed in maintaining an innovative and collaborative environment. It also trains its retail employees so that they can make their customers feel comfortable and also provides them scope for moving upward to the level of a manager. Thus, the enterprise attracts retail employees (Sawayda, 2011). Apple’s transition into a consumer electronics manufacture from a computer manufacturer was unpredictable and was successful due to the remarkable leadership skills of Steve Jobs, the company’s highly skilled employees and its determined corporate culture. (A description of the organization’s basic characteristics) The production function of a firm expresses the functional relationship between the quantities of outputs and inputs. It shows that to what extent the output changes with variations in input within a specified time period. The equal products curves or isoquants shows all those input combinations which are capable of producing the same output (Moschandreas, 2000). The marginal rate of technical substitution (MRTS) is the rate at which the inputs can be substituted for each other in order to maintain the same level of output. It can be expressed as the ratio of the marginal products of two factors (Moschandreas, 2000). In the short run, at least one input of the firm must be fixed while in the long run, all the inputs of the firm are variable. The total cost function of a firm comprises of the total variable costs and the total fixed