Singapore Company Law

SAMPLE ONLY MID-SEMESTER TEST COURSE:LAW2464 COMPANY LAW DATE:17/03/2012 TIME ALLOWED:1 hour 40 minutes (including 10mins reading time) QUESTION (Prospectus Topic) In July 2011, Ah Beng was at his accountant’s office to talk about taxation matters. Whilst there, his accountant gave him a prospectus issued by Ionic Ltd. , a company listed on the Singapore Stock Exchange, to take home to read and if interested, to follow the instructions about investing in new shares in the company which were to be quoted on the Exchange.After reading the prospectus, Ah Beng was convinced that he was going to make a lot of money investing in the company which had stated that it had discovered a huge gold deposit in Western Australia. The prospectus contained a report by a geologist which stated that the gold was near the surface and therefore, easily mined. The prospectus also contained estimations of the amount of profits which it could make based on the current high price of gold. (False and/o r Misleading Statements) Criminal Lability Under S253(Jail and/or fine company is liable if it is an entity. Directions are liable.Statements are materially adverse from viewpoint of investors including Ah Beng. Who else is liable? The Accountant? No advice or false or misleaeding statement. Did he act intentionally or recklessly? No. No Lability. Could Geologist be liable? Yes, as his a conman. Actions were intentional. S254 Civil Lability Directors liable any defences under s255 SFA? Any defences under s255 SFA? Reasonable reliance on geologist, reports is reliance here reasonable. He is a conman. Not reasonable. Inquries Defence, May fail. Geologist liable to compensate no defence. Accountant assuming he made statements.Yes, if not. No. Ah beng will receive compensation for his loss. ALTERNATIVE Misrepresentaton. False Statement Made during negotiation that induces one into contract Geologist is dishonest and fraudulent misrepresentation. Recession of contract of sale of shares a nd damages for the tort of deceit. After applying for the shares, Ah Beng was issued 50,000 shares at the price of $1. 00 per share in September 2011. In January 2012, the local newspaper published an article about the arrest of a geologist in Western Australia who was claiming discovery of mines which turned out to be non-existent.A week later, news broke out that the arrested conman was the geologist whose report was contained in the Ionic Ltd’s prospectus and there was actually a very small deposit of gold very deep in the ground which would make any mining a loss-making venture. The price of the shares in Ionic Ltd immediately plunged and trading in the shares had to be halted. Ah Beng has now come to you for advise as he has been informed that Ioninc Ltd shares are now worthless and that the company will soon be wound-up. REQUIRED:Can Ah Beng take action against any one or more persons with regard to his loss? Explain. (8 marks) QUESTION TWO Dinosaur Rocks Pte Ltd (Dinos aur Rocks) is a family company whose two shareholders and directors are Fred and his wife, Betty. They live in a house in Pasir Panjang owned by the company. The company owns a business of supplying rocks and sand to construction companies. In August 2011, Fred borrowed $1 million from U-O-Me Bank. The loan was secured by a mortgage charge over the Pasir Panjang property owned by Dinosaur Rocks.The loan was to be used by Fred for personal expenses. According to the articles of association, the mortgage/charge document was to be executed by way of affixing the common seal in the presence of two directors as witnesses. Fred signed the document as witness but he also forged Betty’s signature. By early January 2012, Fred had defaulted on his last two loan repayments. It has since emerged that Fred had skipped the country with the $1 million in October 2011 and is now purportedly living the high life in the Maldives.U-O-Me Bank has started proceedings to enforce the mortgage/charg e against the Pasir Panjang property owned by Dinosaur Rocks. Betty comes to you for advice. She is more distressed about losing the Pasir Panjang property than losing Fred and does not want to vacate the house which she will have to when the Bank sells the property. REQUIRED: Advise Betty as to whether the mortgage/charge is valid and enforceable against the company. (8 marks) QUESTION THREE (Separating of legal entity concept, Lifting of corporate veil and evasion of legal obligations, case GM v Horne, Jones V Lipman fraud.Re Darby. Solution is to lift the veil and consider Athena and Grecian as one. Each is liable for the acts of debts of the other. Athena is a hair-dresser. Two months ago, she agreed to sell all the hair-dressing machines and supplies in her salon in Bukit Timah to Hera as she was moving to a new business location in Orchard Road. The purchase price was to be paid three months later whereupon Athena would deliver all the goods to Hera. Athena was intending to bu y new machines and supplies for her new salon but a month ago, her application to obtain a bank loan was not approved.Needing equipment and supplies at the Orchard Road location, Athena registered a company called Grecian Pte Ltd (Grecian) with herself as the sole director and member last week. She immediately moved all the machines and supplies from her Bukit Timah salon to the new Orchard Road location of Grecian. Athena then told Hera the deal was off as she no longer owned the machines and supplies. Hera wants the machines and supplies as agreed under the contract as the machines are identical to the ones in her own salon. REQUIRED: Advise Hera. (6 marks) QUESTION FOURWhen incorporated in January 2010, the memorandum and articles of association of Coffee Addict Pte Ltd (Coffee Addict) contained the following clauses:- 1. The objects of the company is the import and supply coffee beans to retail outletsin Singapore; 2. 3. Gloria is to be employed as the sales manager of the compa ny for a period of five years at an annual salary of $100,000. In January 2012, Coffee Addict entered into a joint-venture agreement with Jean Ltd to build a row of ten shops in Clementi Road. Both parties are to inject $2 million each into the project.Also in January 2012, the Board of Directors of Coffee Addict resolved to terminate Gloria’s appointment as the sales manager. REQUIRED: a) Is the contract with Jeans Ltd a valid contract since it is contravenes the objects clause. Explain. (4 marks) b) Can Gloria prevent her removal as sales manager? Would it make any difference if she is also a shareholder? Explain. (4 marks) Total: 4 + 4 = 8 marks QUESTION FIVE Potterfied Ltd ( Potterfied) has its own set of articles which entitles preference shareholders to an annual dividend of ten cents per share.The Board of Directors of Potterfield wanted the articles amended so that the dividends are to be reduced to four cents per share and last week, persuaded more than half of the m embers to pass a resolution at a members’ meeting to the effect. The members were also told that there was nothing they could do as long as the majority of all shareholders agreed to the change. Harriet is a preference-shareholder who voted against the amendment to the articles at the members’ meeting last week. REQUIRED: Advise Harriet. Assupmtion that this variation of class rights affects all preferences shareholders rights to receive dividentds of 10cent per share, S74(1) applies. If 5% or more of shareholders dissent then can apply to court to stay the resolution to change the article until and unless the court confirms it, the change is ineffective. ) (6 marks) QUESTION SIX REQUIRED: Discuss the validity of the following statement: ’ The Privy Council in the case of Lee v Lee’s Air Farming Ltd did not apply the principle set out in Salomon v Salomon & Co Ltd. ’ (4 marks) *Separating entity was applied Singapore Company Law SAMPLE ONLY MID-SEMESTER TEST COURSE:LAW2464 COMPANY LAW DATE:17/03/2012 TIME ALLOWED:1 hour 40 minutes (including 10mins reading time) QUESTION (Prospectus Topic) In July 2011, Ah Beng was at his accountant’s office to talk about taxation matters. Whilst there, his accountant gave him a prospectus issued by Ionic Ltd. , a company listed on the Singapore Stock Exchange, to take home to read and if interested, to follow the instructions about investing in new shares in the company which were to be quoted on the Exchange.After reading the prospectus, Ah Beng was convinced that he was going to make a lot of money investing in the company which had stated that it had discovered a huge gold deposit in Western Australia. The prospectus contained a report by a geologist which stated that the gold was near the surface and therefore, easily mined. The prospectus also contained estimations of the amount of profits which it could make based on the current high price of gold. (False and/o r Misleading Statements) Criminal Lability Under S253(Jail and/or fine company is liable if it is an entity. Directions are liable.Statements are materially adverse from viewpoint of investors including Ah Beng. Who else is liable? The Accountant? No advice or false or misleaeding statement. Did he act intentionally or recklessly? No. No Lability. Could Geologist be liable? Yes, as his a conman. Actions were intentional. S254 Civil Lability Directors liable any defences under s255 SFA? Any defences under s255 SFA? Reasonable reliance on geologist, reports is reliance here reasonable. He is a conman. Not reasonable. Inquries Defence, May fail. Geologist liable to compensate no defence. Accountant assuming he made statements.Yes, if not. No. Ah beng will receive compensation for his loss. ALTERNATIVE Misrepresentaton. False Statement Made during negotiation that induces one into contract Geologist is dishonest and fraudulent misrepresentation. Recession of contract of sale of shares a nd damages for the tort of deceit. After applying for the shares, Ah Beng was issued 50,000 shares at the price of $1. 00 per share in September 2011. In January 2012, the local newspaper published an article about the arrest of a geologist in Western Australia who was claiming discovery of mines which turned out to be non-existent.A week later, news broke out that the arrested conman was the geologist whose report was contained in the Ionic Ltd’s prospectus and there was actually a very small deposit of gold very deep in the ground which would make any mining a loss-making venture. The price of the shares in Ionic Ltd immediately plunged and trading in the shares had to be halted. Ah Beng has now come to you for advise as he has been informed that Ioninc Ltd shares are now worthless and that the company will soon be wound-up. REQUIRED:Can Ah Beng take action against any one or more persons with regard to his loss? Explain. (8 marks) QUESTION TWO Dinosaur Rocks Pte Ltd (Dinos aur Rocks) is a family company whose two shareholders and directors are Fred and his wife, Betty. They live in a house in Pasir Panjang owned by the company. The company owns a business of supplying rocks and sand to construction companies. In August 2011, Fred borrowed $1 million from U-O-Me Bank. The loan was secured by a mortgage charge over the Pasir Panjang property owned by Dinosaur Rocks.The loan was to be used by Fred for personal expenses. According to the articles of association, the mortgage/charge document was to be executed by way of affixing the common seal in the presence of two directors as witnesses. Fred signed the document as witness but he also forged Betty’s signature. By early January 2012, Fred had defaulted on his last two loan repayments. It has since emerged that Fred had skipped the country with the $1 million in October 2011 and is now purportedly living the high life in the Maldives.U-O-Me Bank has started proceedings to enforce the mortgage/charg e against the Pasir Panjang property owned by Dinosaur Rocks. Betty comes to you for advice. She is more distressed about losing the Pasir Panjang property than losing Fred and does not want to vacate the house which she will have to when the Bank sells the property. REQUIRED: Advise Betty as to whether the mortgage/charge is valid and enforceable against the company. (8 marks) QUESTION THREE (Separating of legal entity concept, Lifting of corporate veil and evasion of legal obligations, case GM v Horne, Jones V Lipman fraud.Re Darby. Solution is to lift the veil and consider Athena and Grecian as one. Each is liable for the acts of debts of the other. Athena is a hair-dresser. Two months ago, she agreed to sell all the hair-dressing machines and supplies in her salon in Bukit Timah to Hera as she was moving to a new business location in Orchard Road. The purchase price was to be paid three months later whereupon Athena would deliver all the goods to Hera. Athena was intending to bu y new machines and supplies for her new salon but a month ago, her application to obtain a bank loan was not approved.Needing equipment and supplies at the Orchard Road location, Athena registered a company called Grecian Pte Ltd (Grecian) with herself as the sole director and member last week. She immediately moved all the machines and supplies from her Bukit Timah salon to the new Orchard Road location of Grecian. Athena then told Hera the deal was off as she no longer owned the machines and supplies. Hera wants the machines and supplies as agreed under the contract as the machines are identical to the ones in her own salon. REQUIRED: Advise Hera. (6 marks) QUESTION FOURWhen incorporated in January 2010, the memorandum and articles of association of Coffee Addict Pte Ltd (Coffee Addict) contained the following clauses:- 1. The objects of the company is the import and supply coffee beans to retail outletsin Singapore; 2. 3. Gloria is to be employed as the sales manager of the compa ny for a period of five years at an annual salary of $100,000. In January 2012, Coffee Addict entered into a joint-venture agreement with Jean Ltd to build a row of ten shops in Clementi Road. Both parties are to inject $2 million each into the project.Also in January 2012, the Board of Directors of Coffee Addict resolved to terminate Gloria’s appointment as the sales manager. REQUIRED: a) Is the contract with Jeans Ltd a valid contract since it is contravenes the objects clause. Explain. (4 marks) b) Can Gloria prevent her removal as sales manager? Would it make any difference if she is also a shareholder? Explain. (4 marks) Total: 4 + 4 = 8 marks QUESTION FIVE Potterfied Ltd ( Potterfied) has its own set of articles which entitles preference shareholders to an annual dividend of ten cents per share.The Board of Directors of Potterfield wanted the articles amended so that the dividends are to be reduced to four cents per share and last week, persuaded more than half of the m embers to pass a resolution at a members’ meeting to the effect. The members were also told that there was nothing they could do as long as the majority of all shareholders agreed to the change. Harriet is a preference-shareholder who voted against the amendment to the articles at the members’ meeting last week. REQUIRED: Advise Harriet. Assupmtion that this variation of class rights affects all preferences shareholders rights to receive dividentds of 10cent per share, S74(1) applies. If 5% or more of shareholders dissent then can apply to court to stay the resolution to change the article until and unless the court confirms it, the change is ineffective. ) (6 marks) QUESTION SIX REQUIRED: Discuss the validity of the following statement: ’ The Privy Council in the case of Lee v Lee’s Air Farming Ltd did not apply the principle set out in Salomon v Salomon & Co Ltd. ’ (4 marks) *Separating entity was applied

Creating a sense of community Essay

Introduction Organizations, leaders and employees often need to be commended on a job well done and celebrate it with some exceptional time off from work. This is a positive step for the organization because it not only shows appreciation for those individuals who come to work every day to make sure that their organization achieve all of its goals, but illustrates the organizations appreciation for it valuable staff and employees. This can be done by simply honoring most federal and calendar year holidays throughout the year, company holidays including time off for birthdays and banquet celebrations as well. In addition, on a dismal note, sometimes an organization may have to honor its employees and staff for tragic circumstances that may occur throughout the year. Celebrating the community is key for an organization in terms of keeping their employees motivated and excited about giving their best effort on each task at hand. Kouzes & Posner mentions that celebrations serve as important a purpose in the long-term of an organization as does the daily performance of tasks ( Kouzes & Posner, p.310, 2013). Celebrating the community serves as a medicine that brings an organizations and its employees together in each prospective shared values and commitments. Overview of community building practices Kouzes & Posner states that In acknowledging the community (†common unity†) that individuals share with each other, a sense of team spirit is created among leaders who build and maintain the social support that is required for individuals to thrive and excel during tough times ( Kouzes &  Posner, p.310, 2013). Organizations must have in place an supportive structure that will support the employees and enhance their opportunities for appreciation for their hard work. Communities that have a strong commitment for connecting celebrations, community and commitment will set themselves far above average organizations. An outstanding leader who has made the vow to help renew those employees’ commitments will be headed in a positive direction. This approach will serve as a motivational and retention tool for the leaders and organization. Organizations should commit themselves on building fun activities and socials that are fitted for those employees, it’s a celebration of appreciation and respect. Celebrating those outstanding deeds that each employee exemplified should not be kept in house. The good news should be shared with the community, the public. Kouzes & Posner suggest that private rewards do little to set an example for the organization ( Kouzes & Posner, p.313, 2013). However, having the opportunity to share someone’s story of success is worth celebrating and it will also highlight the individual and the organization in a positive manner. Organizations that connect celebration, community and commitment for the long haul will undoubtedly be successful. Organizations that ensure that their employees understand that they are part of the big picture know that shared values, destiny and victories are important to securing a sense of community. Leaders should make sure that all employees have the opportunity to play a functional role in the celebrations and the framework that support the organizations values. Celebrations can come in all forms such as cyclical celebrations, celebrations of triumph, personal transitions, workplace altruism, events and ritual for comfort and letting go. Not every celebration is upbeat and enjoyable. There are times when a employee may have a sick family member or even suffered a loss of a loved one. Author Colleen Young mentioneds that in ttoday’s organization, the fledgling, but active, community continues to grow, providing peer-to-peer support and information for a very specific point in the health continuum, namely for people living with life-threatening disease, for friends and family who care about and for them, and for people dealing with grief and loss (Young, C. 2013). Different cultures There are many different cultures all around the world that handle  their employees differently. Individuals take time to celebrate their prospective cultures that have a particular meaning for them. Leaders that do not implement group interactions or celebrations could lack the reinforcement of a common purpose for different cultures. The organization have to get involved in each culture collaboration. The cultures in communities are many, such as the Chinese community which is the largest and the fastest growing group among Asian and Pacific Islander populations. It also has many different dialects that a leader and organization must understand. Furthermore, there’s the African American Community and the Central American Community. The African American Community has a group history of oppression and survival also affects the way it is organized. The networks and organizations that form to protect the rights of their members influence the way in which members of the group organize for self-help. It is important for an organization to know about their history and celebrated it accordingly. Lastly, there is the Central Americans who fled from poverty and oppression in their countries to seek a more secure and better life in a new place here in the United States. Challenges that leaders face in respecting the cultural differences Some of the challenges that a leader may encounter are not knowing the unknown and how to deal with tension among the groups when resources are limited. Another challenging situation that will likely to confront the leader is struggling with immigrants whose culture, institution and tradition are not readily familiar to most mainstream groups. Some of those cultures may not have community groups with leaders. Therefore, there is no organization or guidance. Culture typically refers to a set of symbols, rituals, values, and beliefs that make one group different from another. Culture is learned and shared with people who live or lived in the same social environment for a long time. Provide best practices for overcoming these challenges There are several best practices that can help the leader to overcome those cultural challenges. Kouzes & Posner discusses that Reflection and Action can help when social interactions required to uphold individuals or groups to a high standard. People are asked to go beyond their comfort zone, so as a leader you should set the example by getting personally involved in the celebrations of varies cultures ( Kouzes & Posner, p.329, 2013). Some other  best practices may include Plan a celebration today, reinforce core values in your celebrations. A leader need to start the celebration right now and don’t procrastinate. Understanding those cultures now will make for a better transition of understanding. Lastly, a leader should understand the cultures values and what they aspire to realize ( Kouzes & Posner, p.331, 2013). Being innovative and obtaining values and loyalty are key factors that will enable a leader to be successful in dealing with multiple cultures. SDLP I will implement my understanding of connecting celebration, community and commitment to my professional career. I have a clearer picture of how to bond and recognize those employees who work hard and treat them like an individual should be treated. I will go a step further in implementing a framework that will celebrate the key values of my staff when they go the extra mile to achieve their goals. My commitment to them will highlight and reward them not just internally, but publically as well. I know that this will be a motivation tool that can help shape the future of me as a leader and my organization. I will document my newly found knowledge of celebrating a community in my SDLP.

People of the PNW before 1800 Assignment Example | Topics and Well Written Essays - 500 words

People of the PNW before 1800 - Assignment Example Robert Gray was the captain of the ship which was commenced in 1788 (Robbins, 2002). The native communities who lived along river Columbia ranged widely in language, cultural organizations, living conditions and economic relations. There were two communities who lived in the upper river. They included The Dallas and chinookan. The Dallas communicated with Sahaptin languages, while chikookan languages reigned downriver (Robbins, 2002). Coastal people tended to live in fixed village sites due to lack of food sources. During the winter, fish and shellfish were easily harvested from estuaries and streams due to the relative mildness. In the western region, people gathered roots, seeds, nuts and berries that were harvested easily from the oak savannas and foothills (Robbins, 2002). They greatly involved themselves in trade. They not only traded with the nearby villages but also occasionally traded with the voyages in seagoing canoes from the north. The Tillamook people, occupants of the northern coast, were familiar with the trails that passed through the headlands. They also related well with the people from the North and the South. Europeans from Span, France, Russia and Britain showed interest in the last quarter of eighteenth century (Robbins, 2002). Voyages that involved Cook and Vancouver and their counterparts were made to the coast of Oregon to gather information for British, American and European communities. In addition, their exploration gave information to the world about the Native people, potential commercial resources and important information about trade (Robbins, 2002). In the following years, there was the development of fur trade that attracted a group of people known as the Mountain Men. They worked with the local Natives to supply beaver and other forms of fur to the Hudson’s Bay Company and many other companies (Tate, 2005). Some of the people used the black slave trade labor in their work. Also

Scientific Management and Bureaucracy Essay Example | Topics and Well Written Essays - 1500 words

Scientific Management and Bureaucracy - Essay Example Same can be observed for scientific management based organization structure. Both bureaucracy and scientific management structures are very interesting, evolved and comprehensive. Despite their respective merits and demerits they are still widely chosen forms of organizational structures the globe over. In the following paragraphs we examine each of these structures in some details focusing on their main features, merits and demerits and the specific type of settings where these can be preferred structures. The rationalization process is the practical application of knowledge to achieve a desired end. It leads to efficiency, coordination, and control over both the physical and the social environment. Weberian general theory of rationalization forms the basis for evolution of bureaucratic form of economic organization. Marxists sociologist had detected rationalization in factory settings and the several labor related concerns associated with it. Weber observed and extended rationalization to almost all social spheres - politics, religion, economic organization etc. Rationalization refers to increasing human mastery over the natural and social environment. ... Weberian sociology is conceptualized on the metaphysics of rationalization which eventually converts capitalist society into a system of interconnected bureaucracies. According to Weberian definition of rationalization in economic organization it was simply manifest in the organization of the factory in the bureaucratic form with the calculation of profit by systematic accounting procedures. In ethical connotations it essentially meant an increased reliance on discipline and training in society as a whole, the spread of bureaucracy, state control and administration. Thus bureaucracy held centre stage in Weberian sociology. Weber defines bureaucracy as "a hierarchal organization designed rationally to coordinate the work of many individuals in the pursuit of large scale administrative goals" (Haralambous, 1985).Its main features are a hierarchal structure based on commonality of codified purpose, specialization in the form of well defined division of labor which runs under a power system termed 'rational - legal authority'( based on the concept of domination prevailing in democratic societies and belief in the legality of certain rules. Those who issue the rules are seen as entitled to do so. It is possible to know which rules are formally correct, imposed by accepted procedures. This power authority system creates an impersonal order). That is each stratum expects the authority of higher strata and, in turn, exercises the same downstream for common purposes. Each bureaucracy position is gained by ability and competence. The 'consistent system of codified and abstract rules' and norms are adhered to an d administered with an intent of 'moralistic impersonality'. At its best bureaucracy has an almost a machine like character - each parts

Fast food nation book by Eric Schlosser Essay Example | Topics and Well Written Essays - 1250 words

Fast food nation book by Eric Schlosser - Essay Example Yes, Mr. Schlosser you have proved it right. Pen is indeed mightier than the sword that the McDonald uses to slaughter the animals. America, wake up! A society that treats millionaires and billionaires only as part of their culture has no future. American courts will have a tough time in doing some real interpretations as to what food is good for the citizens of America. In the name of free economy, the powerful ones cannot hold the population of the country to ransom as for their eating habits. Agreed, the working mothers have no time to cook food at home; but that doesn’t mean they will watch silently when poison is fed to their children in the guise of fast foods. When the mothers wake up, McDonalds will feel sorry for their expansion plans and closure of the branches will be at double the speed of the inaugural tempo. The vigorous churning process is on, on all the above issues as a result of the publication of â€Å"Fast Food Nation†, by Eric Schlosser. He is the c ause of many a sleepless nights to the management of McDonalds! An inquiry commission perhaps cannot do better than the comprehensive ‘report’ that Eric has produced in the form of a book, â€Å"Fast Food Nation.† He has dealt with every conceivable issue social, cultural, political etc. that affects not only America, but the people of the countries all over the world. Eric makes his objectives of writing the book clear. He writes, â€Å"This is a book about fast food, the values it embodies, and the world it has made†¦.I am interested in it both as a commodity and as a metaphor. What people eat (or don’t eat) has always been determined by a complex interplay of social, economic and technological forces†. (3) The industry’s drive for expansion, consolidation, uniformity and speed has transformed the lifestyles of American people. The changes are unfortunately not for the better. What a revolution cannot

My Philosophy on Leadership Outline OM8920 Essay

My Philosophy on Leadership Outline OM8920 - Essay Example A leader is effective if he/she listens well, effectively motivates and inspires, and supplies a team with solicitous vision and strategic direction. A leader is the one who leads by example and authorizes his followers. He profoundly understands the wants of the people whom he leads and unselfishly considers his activities and their impact on his followers. I have implemented my leadership philosophy successfully by adopting the philosophy contained in Ken Blanchard and Paul Hersey's Situational Leadership Model (2004). This two-dimensional practical approach leading teams and projects, presumes that different leadership styles are better in different situations, and that leaders must be flexible enough to adapt their style to the situation they are in. A good situational leader is one who can quickly change leadership styles as the situation changes. Most of us attempt to do this in our dealings with people: we try not to get angry with a new employee, and we remind forgetful people. The model doesn't apply only to people in leadership or management positions; all people lead others at work, at play, and at home.

Current Financial Article Summary Essay Example | Topics and Well Written Essays - 750 words

Current Financial Article Summary - Essay Example Homeowners are required to post insurance for titles of their properties for the purpose of gaining protection from property claimants. The author averred that â€Å"a 1974 federal law gives purchasers the right to choose† (McClay, 2011, par. 3) the title insurers, which, not all homeowners are aware of. Title insurers underwrite policies that protect the property from unforeseen claims. They, or the agents who sell the policies, conduct a land records search to make sure the property history is clean. The insurance pays for expenses related to defending against claims on the property and covers any valid claims. Homeowners who are refinancing are usually required to buy a policy, often for a lower rate (McClay, 2011, par. 8). The experience of a retired computer engineer, Tom Strange, faced with considering the title insurance offered by his mortgage broker, manifested a substantial savings that ensued from his searching the internet for alternative options. The offered price from Strange’s mortgage broker for the title insurance was $1,870. Upon exercising his right to select other alternatives, he was able to get a title insurance that was pegged a price half than what was offered by his mortgage broker. Actually, as revealed by McClay, the search for alternative options was only made possible when homeowners were revealed to â€Å"receive a summary of their closing costs earlier in the buying process. It’s been required by law since January 2010 that lenders must provide accurate closing costs within three business days of receiving a mortgage application† (McClay, 2011, par. 4). The three-day leeway in time prior to the submission of the application to refinance the mortgage makes it possible for homeowners to search the web and to compare quotations of costs from various title insurers. In analyzing the substantial amount in savings, the report revealed that be doing away with

Critical analysis Essay Example | Topics and Well Written Essays - 750 words - 7

Critical analysis - Essay Example and the overall effectiveness for how they were employed to capture and engage the attention of the reader, promote the structural integrity of the piece, and define the relevant actors and factors in question. Firstly, the speaker of the story is defined near the introduction; something that is useful in engaging the reader’s interest and providing a non-uniform approach to story-telling that encourages the reader to read on as a means of finding out such relevant information. Additionally, whereas many writers stray from a first person narrative and forget that they started down a path that they must adhere to, the speaker of this particular story keeps this first person narrative voice throughout the entirety of the piece; another element of strength that allows for the reader not to suffer from speaker whiplash. Yet, with respect to the metric of occasion, this is where the story falls short. Although it is clear and apparent, after reading the story, that the author has sought to engage the reader with many different anecdotes, compiled within a short story, the underlying occasion and purpose that the story is able to exhibit is unclear. The reader is left to determine whether racial profiling, life as a conservative member of Islamic society, in-flight turbulence, work related moves, or the father’s beauty is the core and underlining purpose and occasion for this story to be written. This oversight significantly takes away from the rhetorical appreciation that the reader might otherwise attempt to gain from this story. The underlying reason for this has to do with the fact that without a central and cohesive plot that seeks to relate to the title of the story, the reader is left to flounder about within a stream of recollection style of writing in which seemingly disconnected plot lines are related as a means of filling space. Perhaps the strength of the entire piece could be maximized if the writer instead chose to focus the paper on the trip

Business Statistics Essay Example | Topics and Well Written Essays - 2000 words - 1

Business Statistics - Essay Example ategy refers to an operation that an organization conducts to converse information concerning services and products to potential customers in order to induce them to purchase such products (Tellis 1). In contemporary organizations, the main aim of advertising strategy is to increase awareness of organizations’ services and products, upsurge total customers and competitors and finally, to fosters the business image of an organization. For any business entity interested in succeeding, advertisement is very vital because through it, an organization is capable of getting new customers as it increases its total consumer base. Secondly, advertisement is important as it retains the organizations’ customers thus avoiding their diversion to other products. Thirdly, advertisement escalates the total company sales because when a company advertises definite commodity, it will explain to individuals why that commodity is better than its substitute hence enhancing many people to prefer their commodity. Finally, advertisement leads to fortunate change in a company’s’ products hence increasing its total sales (Tellis 3). I decided to analyze the importance of advertis ing to an organization since it will help me understand whether increasing the budgets assigned to advertising has any positive effect on the performance of the organization. My business research will entail ten business organizations in U.S that advertise their goods and services together with other ten business organizations that do not advertise their products. I will conduct random sampling from a list of both organizations that advertise their products and those that do not. I will select ten organizations from each list and collect information concerning my research questions from these organizations before concluding on my hypothesis. Therefore, the total sample for this research is twenty organizations. The data collected will be mainly related to the three research hypotheses that the research is

Cross-cultural and HR Practice (Module is Human Resource Management) Essay

Cross-cultural and HR Practice (Module is Human Resource Management) - Essay Example Both the issues involved in the particular research, i.e. organizational culture and HR have been extensively investigated in the literature. In this context, it has been found by Schuler et al. (1998, 159) that HR management practices applied in the particular countries should be based on the following criteria: â€Å"a) the business structure, b) the legislative and employment relationship context, c) the patterns of HRM competence and decision-making and d) the national culture†. On the other hand, the study of Sims (2002) referred especially in the value of HRM programs applied within a particular organization. According to the results of this study â€Å"human resources involve HRM programs aimed at developing HRM strategies for the total organization with an eye toward clarifying an organization’s current and potential problems and developing solutions for them; They are oriented toward action, the individual, the global marketplace, and the future† (Sims, 2002, 3). The above assumptions are supported by the views of Jackson et al. (1995, 237) who noticed that HRM is most commonly consideredâ€Å"as an umbrella term that encompasses: a) specific human resource practices such as recruitment, selection, and appraisal; b) formal human resource policies, which direct and partially constrain the development of specific practices; and c) overarching human resource philosophies, which specify the values that inform an organizations policies and practices†. At a next level, Kesler et al. (1997) mentioned that there are three basic processes which define the formulation of particular types of HRM practices in firms of all industrial sectors. These processes are the following ones: â€Å"a. aligning organization, b. developing capabilities, c. managing performance† (Kesler et al., 1997, 30). In other words, the role of HRM is considered to be crucial to the formulation of the organizational culture

Guns, schools and criminal minds Essay Example for Free

Guns, schools and criminal minds Essay Due to a massive shootings events in the last years, we, the people have been wondering Is it a good idea to have guns in our childrens school? Ive always believe that schools are the safest places in the world, until December 14, 2012, when 20 years old Adan Lanza fatally shot twenty children and 6 adult staff members at Sandy Hook Elementary School in Newtown, Connecticut. Now, do you feel safe when leaving your child at school? and, would you agree in sending your children off to a place full of guns? David Thweatt, superintendent of schools in Harrold, Texas, described how his small rural district implemented a plan to allow some staff members to carry concealed weapons in addition to other security members. Mr. Thweatt emphasizes that they are at least half-hour away from closest law enforcement ofï ¬ cials, they believe that they have done everything possible to protect their children. This plan is called The Guardian Plan. Many people think that the world without guns would be a world at peace, this people claim that they love their children enough to not want them to go to school prisons. Plenty of new issues can emerge while teachers carry guns, who is going to protect them if a teacher lose control? Different opinions say that having an armed staff of educators will only increase the problem, they think that bad people are the problem and government should focus on create better and smarter solutions to keep bad people off to schools. According to teachers, they feel offended when someone scoff the idea of a teacher being trained to use a ï ¬ rearm, they already have much to deal with, such a crowd control, conï ¬â€šict resolution, and maintain order amidst chaos. Unfortunately, Mr. Thweatts is not very popular on educators†¦ However, a job as a teacher does not require to be armed, they have enough responsibilities to in addition put the weight of carrying a ï ¬ rearm over their shoulders. These money may well be used to buy books, pencils, electronic equipment, to keep classes that have been suspended due to lack of income, and some other needs that we all know most school have. On the other hand, the tragic situation in Sandy Hook Elementary has changed many peoples mind. Having a good guy adequately trained would be a great way to keep terrorist off schools and most important to keep children safe. As long as all the staff involved had passed all different kind of tests, it should be an idea to considerate. We need immediate solutions, and since NRA will always support our gun culture, and acquiring a gun has only became easier we need something that work, something that give us peace every time we leave our kids at school. The Guardian Plan may be our best bet to avoid, and be aware of catastrophic act of terrorist. At the same time that I believe guns against guns are only more death and danger, I also believe that we are not in a position to decline systematized plans that will keep our children protected. Many people might believe that the children would be living on the edge while being in a guns environment, for now, and until our society shows progress, I will be strongly agree with the idea of having schools prepared to any kind of terrorist attack.

Essay on Administrative Reforms in the Philippiens Essay Example for Free

Essay on Administrative Reforms in the Philippiens Essay A study was made by the World Bank about the extent of corruption in the Philippines. The study reveals the existence of a consensus in the government, nongovernmental and international circles that corruption in the public and private sectors in the Philippines is pervasive and deep-rooted, touching even the judiciary and mass media (Chay Florentino-Holifena, 1998). This is collaborated by the data collected in September 1998 by Social Weather Station (SWS). The survey says that nearly two thirds of the respondent thought that corruption exists in the government with 38% saying â€Å"a great deal† while 34% saying â€Å"some. † Also, according to Transparency International which calculated that Corruption Perceptions Index (CPI) n the Philippines, on a scale of1 (higher perception of corruption) to 10 (negligible perception), the CPI for the Philippines was 3. 6 in 1999. Out of the 99 countries rated, the Philippines was perceived as the Fifty-fifth least corrupt. As a result of the problem of prevalence of corruption in the Philippines, then President Joseph Estrada asked the World Bank to make recommendations to help the Philippine government strengthen its fight against corruption. For its part, the Philippines thought that the need for a stronger anti-corruption program is imperative considering that it is being cited with increasing frequency by international business surveys and anticorruption agencies as a country where corruption inhibit foreign and domestic investment. The need for stronger anti-corruption program by the Philippines is also brought about by the effects of corruption which drains away limited and scarce resources of the Philippine government for development, distorts access to government services by poor communities and undermines the public confidence in the governments determination to help alleviate poverty and fight corruption. In addition, the need for stronger anti-corruption program is made imperative in view of the importance of attracting international aid which is severely hampered by the international image of the Philippines as one of he haven of corruption in Asia. It must also be stressed that the move towards improvement in the public administration is a global trend that has affected even Southeast Asian countries which desire to improve public administration (M. Shamshul Haque, p. 1297). The World Bank then proposed a Nine-Point Approach in fighting corruption in the Philippines as its recommendation for creating a national strategy for fighting corruption in the Philippines. The principle behind the Nine-Point approach is focusing on reducing opportunities and motivation for corruption and making corruption a high-risk and low-reward activity. World Bank therefore recommended nine key elements for the national anticorruption program: a) reducing opportunities for corruption by policy reforms and deregulation; b) reforming campaign finance; c) increasing public oversight; d) reforming budget processes; e) improving meritocracy in the civil service; f) targeting selected departments and agencies; g) enhancing sanctions for corruption; h) developing partnerships with the private sector; and i) supporting judicial reform (â€Å"Combatting Corruption in the Philippines†, 2000, viii). In the light of the necessity of implementing reforms in the Philippines, this paper seeks to discuss the three areas of governance that may help in the attainment of the national goals of the Philippines which is to eradicate corruption, minimize the bureaucracy, minimize overlaps in program implementation by government agencies and check the expansion of government activities. These areas are: (1) decentralization and local governance, (2) economic deregulation and privatization and (3) human resource management. Reforms in local Governance and Decentralization The Philippines follows a Unitary form of government in which there is a concentration of political powers and authority in the national government. Legislative power, or the power to make, amend, repeal or alter them is vested in Congress which is composed of the Senate and the House of Representatives. Executive power, or the power to administer and enforce laws, is vested in the President. Judicial power, or the power to settle actual controversies involving rights, is vested in the Supreme Court and ther lower courts. This is unlike the United States which adopts the Federal system of government in which political powers and authority are shared between the national government and the individual states. However, the 1987 Constitution in recognition of the existence of territorial and political subdivisions of the Philippines which are provinces, cities, municipalities and barangays, has given these territorial subdivisions local autonomy for the purpose of making them effective and efficient partners in national building. Thus Article X Section 3 of the 1987 Constitution provides that: â€Å"The Congress shall enact a local government code which shall provide for a more responsive and accountable local government structure instituted through a system of decentralization with effective mechanisms of recall, initiative and referendum, allocate among the different local government units their powers, responsibilities and resources and provide for the qualifications, election, appointment and removal, term, salaries, powers and functions and duties of local officials, and all other matters relating to the organization and operation of local units. (Art X, Sec 3, 1987 Constitution) The constitution also gives the local government fiscal autonomy for them to be able to provide basic services to their constituents, to wit: â€Å"Each local government unit shall have the power to create its own sources of revenues and to levy taxes, fees, and charges subject to such guidelines and limitations as the Congress ma provide consistent with the basic policy of local autonomy. Such taxes, fees and charges shall accrue exclusively to the local governments. † (Art X, Section 5, 1987 Constitution) As a result of the delegation of some powers and authority by the national government, the local government has been important and vital machineries in the attainment of national goals of the Philippines. The national government has learned that delegating some of its powers will enable it to focus on more pressing national concerns. It has also learned that giving communities local and fiscal autonomy will help make them proactive partners by the national government in the fight for corruption and advancement of he country. As a result, the local communities have been able to transform themselves to mini-governments that can to a certain extent sustain the needs of their constituents. The local government units have been able to propose innovations on how to help the national government. These are: a) Taking Care of People and Environment in Negros Oriental which is a project geared towards developing and improving the quality of life in Negros Oriental, a province in the South of P hilippines. The project involves the construction of community hospital that seeks to provide basic health services and information dissemination campaign to inform the people on how to take care of their environment; b) Saving the Mangroves of Kalibo, Aklan is a project geared towards the reforestation of a fifty hectare swampland; c) Saving the Marikina River is a project whose primary goal is to restore the Marikina River for the purpose of making it one of the major tourist destination of the city; d) The Mandaluyong Public Market is a partnership between the private sector and the city for the private sector to built and operate a market on a land owned by the city. This project is now the source of the revenues of the city which it now uses to support its provision of basic services to its constituents; e) Transforming Malalag into a Provincial Agro-Industrial Centre in Davao Del is another example of the effect of empowering local government units as partners with other government agencies in local administration and management, human resource development; f) Acquiring a Complete Equipment Pool in Munoz, Nueva Ecija is a project of the local government unit in acquiring under-utilized equipment from national government and making good use of them in rebuilding the local government unit; g) Floating Bonds for Low Cost Housing in Victorias, Negros Occidental is a project of the local government unit which involve floating of bonds to finance housing projects of its constituents; h) Improving the Productivity in Naga City is a local government unit’s project that focuses on providing services to the constituents, getting optimum outputs wi th minimum expenditures, producing quality results as desired and planned and making services accessible and acceptable based on the principle of greater good for the greatest number; i) Number Code Scheme in Makati City is a project geared towards easing the traffic in the business district of the  Philippines; j) Medical, Dental and Legal Mission in Caloocan City which is a project that seeks to deliver medical, dental and even legal advises to poor residents in Caloocan City; j) Solid Waste Management Program in Bulacan is a project designed to ensure that the people learn to segregate and properly dispose of their garbage. Privatization Program Privatization is essentially the sale or lease of assets of the government. It is done either because the country realizes how efficient the private sector is in business management or because the government seeks to earn additional revenues and that privatizing its assets will be instrumental in the government’s economic development program. Privatization of government assets started in 1986 during an era of political turmoil as the country has overthrown the dictatorial rule of the former President Marcos. Th is is the first wave of privatization. At the time the government wanted to dispose the assets which have been sequestered from the friends and relatives of President Marcos (Lauro A. Ortile p. 130). Other properties were also included in the privatization such as those that were foreclosed and taken over by banks. The second wave started in 1990 with the disposition of government properties in the utilities and infrastructure sectors which were formerly state-subsidized (Lauro A. Ortile p. 130). The third wave consists in opening of a wide range of public services such as housing health, postal services and pension funds (Lauro A. Ortile p. 130). According to the Department of Finance, privatization has yielded positive results for the government. It has not only generated additional revenues, but it has also broaden the base of ownership and fostered favorable climate for investors (Privatization Monitor, 2004, p. 1). Since 1987, the revenue generated from the privatization program has reached more than P200 billion for the Philippines. According to United Nation Public Administration Network (UNPAN) (1997), the Philippine Civil Service more than doubled from 430,000 in 1971 to 840,000 in 1980 to almost 1 million in 1985 (Mirshariff Tillah, 2005, p. 27 ) By itself, there is essentially nothing wrong in having a large workforce. It may be argued that having a large workforce aids in the delivery of public services and gives employment opportunities to a large number of people. However, if despite having a large workforce delivery of public service is still slow and the amount allocated given to these civil servants eats away a large percentage of the national budget, then having a large workforce is a serious cause of concern. It must be stressed for a country like the Philippines, cutting down the size of its civil servants is imperative in the sense that money used to pay for the salaries of non-performing employees may be utilized for infrastructure and delivery of public services. As a result, then President Fidel Ramos implemented one of the legislative measures designed to downsize the government and ensure that its existing employees will be more effectively utilized. This is the Republic Act 7430 â€Å"An Act Providing for Optimum Utilization of Personnel in Government Service through a System of Attrition† which is otherwise known as the Attrition Law. The objective was attained simply by means of freeze hiring and preventing the filling of positions that become vacant due to resignation, retirements or death (Mirshariff Tillah, p. 27). The Attrition Law is still being currently implemented until now. It has been so effective that it has arrested the upward trend in government employment. Though it has not completely stopped the upward trend of the government employment, the same however has caused the increase to slow down. Research shows that the start of the implementation of the Attrition Law in June 1992, the total number of filled positions was 1,237,435. This number was reduced in 1993 and 1994 but increased from 1995 to 1996. The present figure of 1,213,602, however, still remains lower than the 1992 level (â€Å"Administrative Reforms: Country Profiles of Five Asian Countries† p. 117). It is also estimated that the five-year implementation of the Attrition Law, has resulted in savings for the Philippine government in the amount of more than six billion pesos (US$ 240 million) (â€Å"Administrative Reforms: Country Profiles of Five Asian Countries†p. 117). Conclusion The Philippines has undertaken dramatic changes in the last few decades. These policy changes are manifested in the legislative measures that have been passed which are designed to eradicate corruption, minimize the bureaucracy, and minimize overlaps in program implementation by government agencies. Though there are a lot more changes to be done, the future is bright for the Philippines as these measures are initial steps that have been taken towards national development. This is a sample essay from smartessaywriters. com – the leading provider of reliable and affordable essay writing services and research paper writing services in the United States and the United Kingdom.

Indian Biscuit Market: Segmentation and Customer Analysis

Indian Biscuit Market: Segmentation and Customer Analysis For an effective and efficient segmentation, however, a mix of all of these above mentioned parameters have to be used. Extending the above concept of basis of segmentation, the criteria of segmentation across different conditions is naturally different. For example, for the general understanding of a market, one should keep in mind the benefits sought, product purchase and usage patterns, needs, brand loyalty and switching patterns On the other hand, for positioning studies, product usage, product preference have to be taken into account. On one hand, incase of advertising decisions, when media usage and psychographic /lifestyle is considered seriously, on the other hand for distribution decisions, store loyalty and patronage clubbed with benefits sought in store selection is contemplated over. Also, it has been often concluded that the segment profitability is affected by five principal factors : Industry Competitors and the threat of segment rivalry Potential entrants to the market and the threat of mobility The threat of substitute products Buyers and their relative power Suppliers and their relative power Last but not the least, to decide on segmentation, a knowledge of following five patterns of market coverage is important . They are :- Single segment concentration, selective specialisation, product specialisation, market specialisation, full market coverage. PROMOTION :- For any promotion strategy to be successful, it is primarily important that the flow of thought process behind it be understood. A Marketing Plan is essentially a mix of Product, Place, Price, Promotion, physical evidence and Process Management . This Marketing Plan is a derivative of Marketing strategies and objectives, which is in turn derived from Corporate Objectives. And on an overall level, all of these are derived from the Final Corporate Strategy . Amongst these, the Promotion mix consists of a wide variety of selling tactics like Product Placement, Advertising and advertorials, Packaging, Personal Selling, P.O.S., Publicity .Sponsorship, Sales Promotion, Exhibitions, E-Mails, Text messaging etc. While developing the communications Plan, the following points have to be kept in mind by a Marketer :- The nature and detail of the target audience. The Short-term and Long-term communication objectives The messages that are to be used The Communication channels that will carry the message The Budget The Mix of communication tools that is to be used and how the elements of the promotion mix are to be integrated and how, in turn, the promotions mix is to be integrated with the marketing mix. The measure of the ROI of the campaign. Apart from the above mentioned, approaching the customer in a Integrated Marketing Communication Channel is the most effective. i.e. by achieving a higher level of integration between the individual elements of the communication mix, the planner should achieve a greater degree of clarity and consistency, with the result that there will then be a seamless integration of messages and a broader reach . Brand Management A fundamental element of any product strategy is the role played by the brand. Brands are designed to enable customers to identify products or services that promise specific benefits. As such they are a form of shorthand in that they create a set of expectations in the mind of customers about purpose, performance, quality and price. This in turn allows the strategists to build added value into products and to differentiate them from competitors. To be truly effective, a brand strategy has to develop over time and reflect environmental conditions. There is therefore a need from brand development, the key elements of which involve a detailed understanding of: Current perceptions of the brand amongst customers and the trade The expectations of both customers and the trade The strengths and weakness of each brand within the portfolio The value of each of the brands The links that exist between the different brands owned and the nature and significance of any overlaps and gaps The dangers of brand cannibalization When and where new brand names need to be developed The opportunity for brand stretching Probable competitor moves The starting point for this involves analysing the brand in order to understand detail what it means to customer and how much it is worth. In doing this, the strategist needs to identify the core values, the scope that exists for extending the brand name into other product or market sectors, and the areas that must be avoided at all costs. Developing a brand strategy For many organisations, branding is a fundamental element of the product strategy and provides the basis for a consumer franchise that, if managed effectively, allows for greater marketing flexibility and a higher degree of consumer loyalty. However, it needs to be recognised that branding involves a great deal more than simply putting a name on a package. Instead it is about creating, maintaining and proactively developing perceived customer value, it is only in this way that the organisation is able to promise and continue to deliver to the consumer a superior value than that offered by competitors. It follows from this that any brand strategy is, of necessity, a long term process that involves an investment in and commitment to the development of the brand over time. This long term perspective involves the dovetailing of a number of issues, but in essence can be seen to be concerned with the two principal issue that emerge from the discussion above 1. Where the brand is currently and how it is perceived 2. How the brand is to be perceived in three, five and ten years time, and how this might best be achieved. With regard to the first of these, the starting point for any brand strategy involves identifying: The brands current market positioning Competitors positioning strategies and resource bases The way in which the market is likely to develop, and the implications of product, brand and market life cycles Customers perception of the portfolio of brands in the market Customers expectations and the extent to which these are being met both by the brand and its competitors Levels of customer loyalty across the market The financial, managerial and operational that can be called in managing a brand The bases for competition The relative importance of the brand to the organisation Managerial expectations of the brand It is only against this background that the strategist is able to develop a vision for the brand. Finally in developing the brand strategy, the planner needs to give consideration to a series of financial issues, including the margins and contribution that the brand is required to generate in both the short and the long term, and the levels of investment that the brand needs if it is to achieve the objectives set. Consumer Behaviour From the viewpoint of the marketing planner, the mix of cultural, social, personal and psychological factors that influence behaviour is largely non-controllable. Because of the influence they exert upon patterns of buying, it is essential that as much effort as possible is put into understanding how they interact and ultimately, how they influence purchase behaviour. in doing this, it is important not to lose sight of the differences that exist between customers and consumers, and the implications of these differences for strategy. Against the background of an understanding of the factors influencing motivation, the marketing strategists needs them to consider the influence of perception, since it is the way in which motivated individuals perceive a given situation that determines precisely how they will behave. Consumer is at the centre of all decision making in an organisation. The linkage of the consumer to other aspects is shown in the following diagram. We can see that on the left, the consumer interacts through his perception, understanding (cognition), beliefs and social influences. These aspects determine the behaviour of the consumer. The search for this behaviour is through market research and insight mining. The market Research gives fodder for the strategy to be formulated. MARKSTRAT SUMMARY Before entering any market, it is important to understand what the market stands for, the kind of products in the market, the competitors that the company will face and various external and internal factors that will play a crucial role in making decisions after every quarter/period. The Industry Cheetah has 6 players in the Market namely A, E, I, O, U, Y. After the initial feelers of the whole simulation, it was evident that we would have to focus on certain key areas and others would be on low priority. The key-focus areas that were decided were :- Philosophy, Guiding Principals and Organization Product Portfolio Research Development Advertising and Sales Force Decisions Pricing Effects Competitor Dynamics New Product Launches Production Planning and Inventory Management Financial Focus After setting the above agenda, the next step was to decide what needs to be done in the first period. The single point agenda in this case was to enter the Sonite market while keeping away from the Vodite market . The logic behind this was that to, make Vheetah Y the Stock price leader clubbed with highest ROI. A snapshot of results varying across different periods are as follows :- Base (period 0): 1000 Period 11 (End): 1687 Highest: 2485 (Period 6 End) Lowest: 1000 (base) Highest Stock Price in Industry: 3244 (Cpny. I) Some of the pertinent stock prices Index observations over the periods were :- SPI increased by 68.7% after 11 periods compared to base value. A very encouraging positive growth was seen from Period 0 to Period 6 (138.9% growth from Period 0 to Period 6) On the Contrary there was a continuous decrease in SPI from Period 7 to 11 (32.11% decline in Period 7 to period 11). The high-point of the SPI game was that at the end of Period 6, Cheetah Y was the market leader in terms of SPI. A company vs Company comparison of SPI shows the following results :- The next focus shifted to pushing the Product through Sales and advertising .The logic behind our heavy Advertising Budget was that there was no point in having a perfect product if the target market does not know about it. A fine balance of quality and quantity does the trick.Down the line, Cheetah Y also realised that it is wisest to allocate the money to the products with the highest Return on Investment. Also, from a strategic point of view, it makes a lot of sense to be opportunistic and increase the advertising money when the competitors are squeezed for money . In this regard, the most important function is Competitive Advertising which defines a product (in this case SYGU and SYCA) against what its communication dimensions and message quality are. Initially, the dimensions Economy and Performance and Performance and Convenience fared pretty badly . But towards Period 7 (from Period 3 to Period 7), it reached the message Quality Excellent. Parallely, in the Vodite Market, the product VYLE on the communication dimension Economy Felxibility it scored a message quality of Excellent. A combined overview of how the sales department fared for Cheetah Y is given below. Also, it gives the insight into what cheetah Y fared vis-a-vis competitors and current market scenario. Base (Period 0): (a) Sales Volume: 167.53 Kilo Units (b) Revenue: K$ 48659.3 Million Period 11 (End): (a) Cumulative Sales Volume: 539.60 Kilo Units (b) Cumulative Revenues: K$ 1463564.9 Million Highest Sales in any Period (Units): 788.4 (Period 7 End) Highest Sales in any Period (Revenue): K$ 193776 (Period 7 End) Lowest Sales in any period (Units): Base Lowest Sales in any Period (Value): Base Highest Cumulative Sales (revenue) in industry after 11 periods: K$ 1949822 (Company I) (A snapshot of Sales Volume across all the competitors) After investing in adequate sales force across Speciality Stores, Department stores and Mass Merchandise, the next logical step was to analyse the Market Share after each period. Some of the key highlights in case of market share were :- Market Share at Period 11 (End): 7.03% Highest: 28.35% (Period 5 End) Lowest: 7.03% (Period 11 End) Highest Market Share in Industry (Period 11 end): 38.88% (Company U) The broad strategy to achieve the initially set agenda is that first we enter the Cheetah market with minimum number of products, and with zero product in the Vodite Market. Also, offering the same product across multiple segments enhanced the revenue base. There was an overall increased emphasis on targeted advertising to increase brand awareness. The Pricing strategy also worked in this direction, i.e offer the product at a cheaper price than the competitors (even when the product is superior) . But as dynamic as our market strategies, even the Market threw up a lot of surprises. There were the constantly changing consumer needs, aggressive product development of competition, large disparity in growth rates in different segments of the two markets. Thus a snapshot of the strategies pursued are given below, vis-a-vis what actions were taken . Thus, from the above describes strategies pursued and an analysis of their results, the following lessons were learnt : Offer customized products to each segment in the market Keep track of changing consumer needs; modify products accordingly If the product is not performing well, remove from market Pay emphasis to RD Observe competition and their strategy; tweak strategy suitably Advertising spend does not necessarily lead to greater sales Lowering price will not improve sales even in a price sensitive segment Possible Applications of the learnings :- There is space for growth for additional brands in the customer segments of Buffs and Singles as the entire market is concentrated in just a couple of players. A well positioned and well priced brand definitely has a lot of promise in these segments. We need keep a tap on ideal value evolution of the physical characteristics or dimensions. Continuous re-evaluation and modification of existing brands like SYGU and SYCA should be done and marketing and advertising efforts should be employed keeping the changes in mind. The position of SYGU brand needs to be questioned and, if need be, repositioned with a modified RD project. A product/brand catering exclusively to the Followers segment in the Vodite should be launched with the desired physical characteristics. Need to define the space for competition so that maximum efforts can be employed there with minimal overlap and wastage with any concurrent efforts for any other brand of the company a case in point is Company I which has excellently defined brands in each of the customer segments of Singles, others and followers. Need to use the MDS and SEMANTIC scales more precisely for setting advertising objectives for SYGU and SYCA. COMPANY STRATEGY :- Biscuit industry is the third largest producer and fastest growing industry in FMCG sector.Its Estimated Value is approximately Rs 5000 Crore. It forms a part of the Organized sector: 60% (approximately). Major Segments in which it operates are Glucose, Marie, Cream, Crackers, Milk. Major Brands in the industry right now are : Britannia, ITC, Parle, Priyagold, Dukes etc COMPANY OVERVIEW :- Britannia is Indias second largest food company with Sales close to Rs. 20 billion. Over the years it has shown a Consistent annual growth rate of 15-20% . It Sources products from more than 50 factories spread across the country. Key product lines include Biscuits, Bread, Cakes and Rusk .Product range serves to the whole spectrum from mass market to the premium segment . FINANCIAL ANALYSIS :- An indepth analysis of past few years shows that the Gross sales increased to Rs 2317.11 Cr in 2006-07 indicating a growth of 28% . Britannias Profits declined by 33% due to increase in input prices and stiff competition (like Parle, itc, Priya ). An interesting trend showed that Dividends of the order 100-150% were provided for the past 5 years. Although Britannia followed the industry growth rate for the past 3-4 years, the profit margin followed a zigzag pattern. But owing to Inflation, Costs have increased significantly on the production as well as on selling front. Company has very small debt and its Debt-Equity ratio is 0.01. Company is maintaining good debt rating for future requirements.PBITDM (Profit Before Interest Tax Depreciation Margin) expressed as a percentage of Sales is 6.58.ROE is at a healthy Rate of 21.14% .Current ratio has been improving over the years and hence the solvency position of the company. COMPETITIVE ANLAYSIS :- (Marketing Mix of Britannia ) PRICING :- On the basis of price, the biscuit market can be segmented into the following: Low Range Biscuits (less than Rs 40 per kg.) Medium Range Biscuits (Rs. 40-70 per kg.) High Range Biscuits (over Rs.70 per kg.) Britannia caters to the upper middle and high end of the market with a touch of premium to it. On the price quality matrix, Good Day biscuits can be classified as following a High-Value strategy. PROMOTION :- Britannia has engaged into various Integrated Marketing Communciation activities some of the more prominent ones are mentioned as follows. Since Consumers are becoming more health conscious Swasth Khao Tan Man Jagao (Eat Healthy, Think Better) campaign directly addressed this new trend (Tiger Biscuits). A new logo was created encapsulating the core essence of Britannia healthy, nutritious and optimistic. Good Day is positioned as a healthy and nutritious product and it advocates values that stand for health, hygiene, family, trust and taste. Since events form a major chunk of the Brand visibility agenda, Britannia sponsors a lot of Sports and sporting events as key channel for promotions. One of the majorly acclaimed campaigns of Britannia is Britannia khao, World Cup jao campaign in 1999 and 2003 and was awarded the most recognized sales promotion among all Cricket World Cup-related sales activity SEGMENTATION AND CUSTOMER ANALYSIS :- Before delving deep into Segmentation Targeting and Positioning, it is important to identify what the Key information areas are, specially the Demographic profile of the consumer on the parameters age, sex, income level and occupation. Some of the personal characteristics of consumers include the identification of When do customer consume biscuits, Type of biscuits consumed, Where do the customer purchase, Purpose of buying (personal consumption, gifting, serving guests), How much do consumers spend on biscuits, Factors Affecting the buying decision, order of preference etc. Different products will have different target group depending on the above mentioned factor. Though a Good-day would appeal to the consumers as a mid-range biscuit, a further extension of that product called Good-day Choco-nut falls in the category of High-end biscuits. RD :- Qualitative Research includes an in-depth analysis of the consumer needs and wants and for this, a wide variety of tool may be used. For ex ample, FGDS with a set of consumers to identify major factors influencing the purchase decision of biscuits (and Interacting with friends and family Quantitative Research Customer survey using questionnaire.Survey done through both face to face interviews as well as online. Tools Used are Factor Analysis, Cluster Analysis and Fishbein analysis . Consumer Behavior and MARKET RESEARCH IN CHEETAH Y Market Research forms the basis of almost all of the strategically important decisions that a Company makes over a period of time. Consumer psyche, Brand perceptions, Buying behaviours, Priority or preferences, all of these form the building blocks of information, on the basis of which a decision maker even goes to the extent of changing the very core proposition of a Brand ! BRAND AWARENESS :- To understand the awareness level of brands across our own company Cheetah Y and across competitors, it is important to have a comparative analysis. This has been made possible by Consumer Survey on brand Awareness Segment by Segment . The report delves deep into what exactly is the level of brand knowledge amongst the following segments :- Buffs, Singles, Pros, HiEarners and Others. Initially when the game began, the product SYGU occupied highest mindspace share amongst Singles while the product SYCA occupied highest mindspace amongst Pros. At the end of all 12 periods, SYGU continued to occupy the highest share amongst Singles while also capturing a significantly high percentage amongst Buffs. On the Contrary, the mindspace percentage of SYCA increased excessively for Buffs and Hiearners.Also one more product SYCO was introduced which managed to gain the highest mindspace . This helped in taking proper measures to increase brand awareness amongst the desired segm ent and helped in understanding the impact of increasing advertising expenditure . The next logical step after studying the Brand awareness is to find out that how much of it is actually getting converted into Purchase. To study the Purchase intentions, the report Consumer Survey-purchase Intentions is the apt report. Here we inferred that purchase intention for SYGU was the highest amongst the Singles, which is in sync with the level of Brand awareness amongst them. Also the purchase intention for SYCA was highest amongst the Hiearners which is again in sync with the Brand awareness.IF we analyse the trend across 12 periods, we notice that there is a visible trend reversal i.e. SYGU purchase intention was highest amongst the segment Others while incase of SYCA, the PROS showed the highest purchase intentions . This can be attributed to the fact that a lot of investment was made in the Advertising research and hence overall advertising budget which increased the brand awareness and purchase intention considerably. BUYING BEHAVIOR of consumers :- So where exactly are Cheetah Ys target audience buying from ! This is important to understand because it helped us plan the salesforce and distribute the salesforce accordingly amongst the Speciality stores, Departmental stores and Mass merchandise stores. At the start of period 1, Buffs were mostly buying from Speciality stores, Singles were mostly buying from speciality and Departmental stores while 50% professionals were buying from Speciality stores.High earners preferred to buy through Departmental stores. However, after understanding the buying behaviour, appropriate salesforce was installed in each of these store types. Hence after period 12, singles ended up buying equally from Speciality, Departmental stores and mass Merchandise stores. The result of all the efforts and budget put into Marketing has a direct impact on the market share and stock prices. In this regard, the Report Consumer Panel- Market Shares based on Unit Sales provide the perfect insight into the market share distribution of the two products amongst Buffs, Singles, pros, Hiearners and others. In the Period 1, the highest share of revenue for SYGU was coming from Singles, while highest share of revenue for SYCA was coming from Hiearners (this is in sync with the BRAND AWARENESS report). However, down the line after 11 periods, the highest share of revenue for SYGU was coming from Others while major revenue contributors for SYCA was the segment pros. Since the brand awareness for the product SYCO was low, this duely reflected in in share of revenue being almost nil from each of the segments. After understanding the current scenario and facts and figures related to Brand awareness and Brand purchase intentions, it becomes imperative to do an apt amount of Advertising Research and an estimate of Competitive advertising. The Market research report tells us that initially all the products in the Sonite Market had a rating of poor against the various communication dimensions, except SULI . But over a period of 12 periods, while the communication dimensions and ratings and its corresponding ratings for all the products (and companies) changed, the ratings for SYGU AND SYCA remained poor and only SYCO got a message quality of Good. This can be analysed through the fact that though investment in advertising was being made, simultaneously the changes in the parameters Design, Power, Weight etc through RD was not made. This resulted in a mismatch between the product quality and what is being advertised, hence resulting in poor message quality.

Foils In Hamlet Essay -- essays research papers

Night and Day Many authors use foils to better illustrate the nature of the character. Foils are characters who compliment yet contrast the main character. With the use of foils the reader can get a better understanding of the main character through the dialogue of the foils. In Shakespeare’s Hamlet, we find Prince Hamlet foiled by many characters. Each foil revealing something different about Hamlet. One such foil in this play is undoubtedly Laertes, the son of Polonius. There are a few ways that Laertes mirrors Hamlets character, the revenge they both seek , the anger they both have, and they both mourn Ophelia’s death. Just as a foil can mirror a character, it can contrast it. Laertes seeks instant almost thoughtless revenge whereas Hamlet is a bit more cautious and needs further evidence. Both Hamlet and Laertes have a different relationship with Claudius, one is deceived by him and the other sees right through his deception. Both return to Denmark after the passing of King Hamle t, which is the first indication that Laertes will act as a major foil to Hamlet. The tie they share with Claudius is a perfect example of the contrasting ways of Hamlet and Laertes. Claudius is in one way or another responsible for every death in this play. With the death of King Hamlet and the accidental murder of Polonius, we find both Hamlet and Laertes seeking revenge. Hamlet is told by the Ghost that Claudius is responsible for King Hamlets death. Almost as if it were his noble duty, he plo...

The Limitations of Gender Roles and Gender Equality :: Equality Feminism Discrimination Essays

The Limitations of Gender Roles and Gender Equality Just how different are men and women? Everyone acknowledges that there are significant differences between males and females, even if they are only physical. Others see not only the physical but also the social, emotional and intellectual differences between male and female. Gender roles by definition are the social norms that dictate what is socially appropriate male and female behavior. In early American culture it was common for a women's job to be a submissive homemaker in clear contrast to the males aggressive breadwinner role. The seventies marked the beginning of the Woman's Movement and the end of the ideals we held on what it is to be a "man" and what it is to be a "woman". Women were no longer like the stereotypical homemaker, always offering a hot meal for her family, but were instead out burning bras and protesting inequality. No one disputes that the Women's Movement began but there is a disagreement on whether or not it should come to an end. One of the Women's Movement primary goals was to invalidate gender roles in the sense that women were secondary to men. The fact that gender roles exist is indisputable. Gender roles influence women and men in virtually every area of life including family and occupation. Early into childhood girls and boys are treated differently in families, schools and other institutions. Girls are encouraged to play with dolls and playhouse type of toys while boys will often play with trucks and army toys. Boys are played with in a rough manner and told to "tough it out" when they get hurt. Girls are taught to be more passive and expressive with their feelings. Whether these gender roles are fair or not, is where the argument begins. Does the fact that we are treated differently based on our sex prevent us from reaching equality or are we treated differently because we are different by nature? We are indeed raised differently, but does the fact that a boy is given a blue room and a girl is given a pink room mean that a girl is being sleighted? The outdated, sexist gender roles that dehumanize women are extinct, the ones that presently exist are the ones that are true. "Males are better in math while females are better in English.

I am Sam Movie Review Essay -- Film Movie Psychology Essays

"I am Sam" Movie Review 1. Movie Title   Ã‚  Ã‚  Ã‚  Ã‚  I Am Sam 2. Year of Production   Ã‚  Ã‚  Ã‚  Ã‚  2001 (Theatrical) ? 2002 (Home Video) 3. Feature Length   Ã‚  Ã‚  Ã‚  Ã‚  134 Minutes 4. Director   Ã‚  Ã‚  Ã‚  Ã‚  Jessie Nelson 5. Producers and Studio   Ã‚  Ã‚  Ã‚  Ã‚  Director/Producer Jessie Nelson, Executive Producer David Scott Rubin & Producers Edward Zwick, Marshall Herskovitz, Richard Solomon.   Ã‚  Ã‚  Ã‚  Ã‚  New Line Home Entertainment 6. Major Character Cast   Ã‚  Ã‚  Ã‚  Ã‚  Sam Dawson played by Sean Penn   Ã‚  Ã‚  Ã‚  Ã‚  Rita Harrison played by Michelle Pfeiffer   Ã‚  Ã‚  Ã‚  Ã‚  Lucy Diamond Dawson played by Dakota Fanning 7. Brief Synopsis   Ã‚  Ã‚  Ã‚  Ã‚  Mentally disabled Sam Dawson is a single father fighting to keep custody of his daughter Lucy with the help of his pro-bono lawyer, Rita Harrison. 11. Comparative Information   Ã‚  Ã‚  Ã‚  Ã‚  The movie portrays Sam Dawson as a mentally deficient parent. The closest the movie, and any resource on it, came to giving an actual diagnosis of his condition is given by a judge in the film stating ?? you have the mental capacity of a 7 year old.? This movie revolves around Sam fighting for the right to raise his daughter beyond the age of 7. The film also has many sociological aspects that correspond to Sam and his daughter, Lucy?s relationship as well as the effects on them separately.   Ã‚  Ã‚  Ã‚  Ã‚  In the large amount of legal proceedings Sam goes through in the movie, I expected to hear a formal diagnosis or at least a technical term for Sam?s mental capabilities, but there was none. Some of the symptoms portrayed...

Cognitive Behavioral Intervention Approach Essay

Designed for students diagnosed with emotional and behavioral disabilities (EBD) there are a numerous amount of intervention strategies and methods that can be used to implement and help students build their self-management skills. These intervention strategies are used with the intention of students ultimately learning how to control their behaviors in and out of school. Consequently, self-sufficient intervention approaches are a supported and efficient method of delivering pertinent and significant supports to students with EBD. Advocates of cognitive behavioral intervention (CBI) substantiate the communal correlation amid views and behaviors as a central credence of their method. Students engross in self-management methods when utilizing CBIs. Strategies included in CBIs are self-instruction, self-monitoring, self-reinforcement, self-control, and self-evaluation (Yell, Meadows, Drasgow, & Shriner, 2009). Procedures of Cognitive Behavioral Intervention Cognitive behavioral interventions educate students on ways to govern their personal feelings and behaviors through reinforcing instruction strategies that encourage appropriate actions. Through the implementation of CBIs, students are engrossed in self-reflection, recounting and reinforcement. In most cases of behavioral management strategies, educators are made responsible for observing students, collecting data and reinforcing appropriate behaviors. During the course of CBI, students may accomplish three procedures, thus stimulating their independence, self-management, and an accountability for their actions (Yell, Meadows, Drasgow, & Shriner, 2009). When CBI is introduced, students must document the frequency of the specific target behavior/s that are occurring. Researchers have found that self-monitoring behavior is an exceedingly sufficient way of endorsing constructive exchanges amid an assortment of learners (Stonecipher, 2012). Students must know how to identify the occurring behavior(s) in order to effectually record it on a data sheet, journal, or organizer. Often times, inappropriate behaviors will begin to decrease instantaneously once students become cognizant of the behavior and how often it occurs (Stonecipher, 2012). Students must first be capable of self-monitoring their behaviors before effectual self-evaluation may begin. In addition, educators must impart a rating scale; a criterion for students to measure their performance in contrast to. The rating scale should be used during all classroom related activities (Robinson, 2007). Using the rating scale as a rubric of sorts, students can compare the rate of their performance in contrast to the teacher’s criteria. Once comparisons are made, students should reflect upon their results. Students can successfully self-evaluate their behaviors in a myriad of ways, including through the use of evaluation charts that coincide with the student’s daily class schedule (Yell, Meadows, Drasgow, & Shriner, 2009). Self-reinforcement, similar to instructor directed reinforcement, is delivered succeeding the achievement of a goal, in this circumstance, fitting behavior. Likewise, self-reinforcement should be applied steadily and systematically (Smith, 2002). Self-reinforcement, can be either externally or internally given. In addition, through self-reinforcement, students are given the opportunity to choose their own reward. Through collaboration, educators and students work together to define the precise criterion that students must met before being reinforced. It is significant to observe that with self-reinforcement and all processes of self-management, the teacher is responsible for directing the student on how to effectually manage the stages, as well as monitor them throughout the preliminary steps of self-management to certify that efficient practices are being utilized (Yell, Meadows, Drasgow, & Shriner, 2009). Lastly, teachers and students need to effectively communicate with one another concerning the attainment of self-management and ultimately diminish or reduce self-reinforcement (Yell, Meadows, Drasgow, & Shriner, 2009). Emotions, Thoughts, and Behaviors Emotions, thoughts, and behaviors share a communal correlation; thoughts can produce emotional responses; emotional responses can then produce positive and negative behaviors. As a result, a student’s emotions and behaviors have a direct correlation to their thoughts and vice versa (Stonecipher, 2012).  In instances where a student is unable to self-manage their behaviors while presented with an issue, a probable outcome would be that the student will then act out inappropriately. As a result, cognitive behavioral interventions often encompass problem solving and anger management strategies (Robinson, 2007). Conducive to effectually self-managing behavior, students must be trained to exercise constructive thinking and reduce the pervasiveness of participating in destructive behavior acquired from an emotional response. Students may obtain this by acknowledging the problem, defining it, producing and assessing resolutions, applying a plan and lastly observing the resolution (Yell, Meadows, Drasgow, & Shriner, 2009). Students should also learn to recognize specific elements including triggers, reminders, and reducers, while trying to self-manage. Teachers must retain patience during this process as students must build these skills up before positive results transpire (Yell, Meadows, Drasgow, & Shriner, 2009). Effectiveness and Limitations of Cognitive Behavior Interventions CBI has been verified as an effective technique in behavior management for students with EBD. When accurately implemented, CBIs can aide students in decreasing inappropriate behaviors that interfere in their academic and personal lives and make students responsible for the management of their own behaviors within these areas as well. CBIs do not come without limitations as well. Students who are reluctant or apathetic to changing their behaviors would result in its ineffectiveness. It is equally significant for educators to contemplate the validity of student recorded behavioral data. During student behavioral data collection, there can be occurrences of students noting the specific behavior(s) at a reduced frequency than which they truly transpire (Smith, 2002). Social Skills Instruction Social skills and academic performance directly correlate with one another. Social skills instruction consists of educating students on what interactions are appropriate between both adults and peers and can be easily combined within the curriculum through projects, small group discussions, etc. (Smith, 2002). For students with EBD, social skills instruction is more accurate when directed as a fragment of an overall management plan. When students implement CBIs problem solving and self-controlling approaches,  students learn to identify issues and establish effective results that are considered socially adequate and are particularly pertinent to the management of EBD students (Smith, 2002). Developing Curriculum, Approaches, and Assessment As a means of being appropriately implemented, CBIs must transpire within the framework of a behavioral management plan or curriculum and should identify a student’s behavior, as well as what processes will used to implement the intervention and the assessment. Functional behavioral assessment (FBA) signifies a method for assembling information about problematic conduct in order to understand and identify the reasons behind them (Yell, Meadows, Drasgow, & Shriner, 2009). The behavioral management curriculum cannot progress without the administration of an FBA, which explicitly classifies and labels specific behaviors of EBD students. Likewise, the FBA overtly specifies the underlying issues behind the behavior, which in turn aides in the development of preparing effective and pertinent interventions. The FBA will result in the behavioral intervention plan (BIP) where CBI strategies can be utilized. There are a varied amount of methods that can be utilized to implement CBI into the management curriculum including student kept data, self-evaluation, graphic organizers, observations, achievement tests, norm-referenced tests, and criterion tests (Yell, Meadows, Drasgow, & Shriner, 2009). Reflection on Cognitive Behavioral Approach CBI is a recognized and efficient approach to managing undesirable behaviors for students with EBD. As a means of effectively executing CBI, educators must design thorough strategies and intervention that can be incorporated within the behavior intervention plan. Additionally, in order to maintain validity, teachers must survey the student’s development to certify that proper self-management measures are being adhered to. References Smith, W. (2002). Applying Cognitive Behavioral Techniques to Social Skills Instruction. ERIC/OSEP Digest (#E630). Retrieved from http://www.cec.sped.org/Content/NavigationMenu/AboutCEC/International/StepbyS

Nutrition Practices

Receiving graceful sustainment to satisfy the physiological ineluctably of man is a general companionship that everyone is aware of. The food that we eat is indispensable not only to fulfill the biological urge to satisfy hunger, but excessively to nurture the human body in order to withstand illnesses and diseases for a protracted and wellnessier life.Although this is a common finale for nations, incidently of the United States, as manifested in wellness care services and policies apt(p) to their citizens, other external ingredients seem to allure how individuals perceive nutrition. One major factor which affects the nutritionary decisions and invites of individuals is their culture, for ones racial or pagan roots or backgrounds are attributed to nutrition practices.This fact whitethorn be find in hundreds of individuals who sound to divers(a) racial and ethnic groups residing in the US. The evaluation or assessment of the nutrition practices undertaken by these i ndividuals reveal that they are at high risk for experiencing health and nutritional deficiencies.For instance, the Prima Indians were found out to be at great risk for spying diabetes primarily fueled by obesity. However, in this case, aside from the nutrition practices, the genetic manufacture of this ethnic group also influences their health and wellbeing. Another case is the implication of the riddance of milk, and other dairy products in the sustenance of Asian Americans and Hispanic Americans. ( heathenish Traditions, 2008)This is because studies obtain shown that these particular ethnic groups are more prone to lactose intolerance which leads them to rack up dairy products from their nutrition practices or sustenance (ethnical Traditions, 2008), consequently leading to Vitamin A, B12, D, and atomic number 20 deficiencies (Vitamins and Minerals, 2008)Other health and nutritional deficiencies that are al closely common in the US for racial or ethnic groups include de ficiency of Omega 3 fats, Copper, and dietary fiber. For the manlike populations belonging to African American and American Indian ethnic groups, they are most at risk for Vitamin A deficiency.This is because it has been observed that they refuse to consume vegetables in their diet. about vegetables that are essential parts of the American diet contain beta-carotene which is a priceless substance present in them from which Vitamin A is taken from. (Ethnic Traditions, 2008*)Aside from the minor influences of tangible and genetic features or characters, one fragment of racial or ethnic culture also influences nutrition practices. Religion plays a major role in dictating what sort of diets individuals will be implementing. For instance, individuals who are Jewish refrain from eating the common types of centre of attention such as beef and porc and prefer meat from sheep, goat, etc. instead.This apparitional belief has something to do with the distinction of the jazzy and uncl ean meats. Moslems on the other slip by are not allowed to consume porc and alcohol. In addition, some Islamic festivals take up that they practice fasting which refrain them from eat food and drinks at a particular time during the day. This particular cultural and sacred practice affects the health and wellbeing of Moslems. (Ethnic Traditions, 2008)From the various, but limited, examples provided in this text of the various cultural nutrition practices that racial and ethnic groups observe, the influence of such practices are perceive to be detrimental to their health and wellbeing.In addition, end the issue of ethnic disparities in harm of health care and nutrition is kinda difficult to resolve since it would be far-fetched to lapse a culture that has long existed. Moreover, the influence of physical and genetic factors is unavoidable. The challenge presented at heart this text now is how cultural differences and the standards and guidelines of health and nutrition are to be harmonize in order to come up with a cohesive society that is consciously aware of the need to promote health and nutrition for the betterment of human life.ReferencesEthnic Traditions. (2008). Retrieved December 20, 2008, from The Worlds Healthiest Foods. Website http//www.whfoods.com/genpage.php?tname=specialneed&dbid=11 Vitamins and Minerals. (2008). Retrieved December 20, 2008, from The Vegetarian Society of United Kingdom. Website http//www.vegsoc.org/ entropy/vitmineral.html