...As much as cell phones have become one of the most vital must-haves in our society, the mobile industry is continually growing and multiplying their interests. Mobile market analysts believe that cell phone carriers' demands cause the inflation of cell phone monthly rate, and eventually result in cell phone companies' vast profit. There are those Americans that believe the massive growth of cell phone companies will benefit the country’s economy. On the other hand, some Americans say that its extremely demanding industry of mobile market is pressuring the federal government to come up with a resolution that would benefit both cell phone companies and the consumers. With the information from market analysts, alongside the opinions of many involved, the fact of the matter is that there is an impact on every decision made within this mobile market, which will affect the United States in the long run . As we can tell by the history of the rise and fall of cell phone competition in the United States, we started out with numbers of telephone companies, maintaining a healthy competition. However as time passed by, especially in the case of the original AT&T, it all ended up with one company eating up the rest, achieving absolute control over the market. In this particular instance, the original AT&T was forced to split into seven “Baby Bells,” by the United States Department of Justice in a long-running antitrust suit. While this stimulated a growth in competition and awareness of...
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...Activists call for closure of No. 2 nuke power plant TAIPEI--Environmental groups staged a protest yesterday to urge the government to shut down the No. 2 nuclear power plant in northern Taiwan, citing concerns about the safety of the plant. The protesters gathered outside the Legislature, calling for the government to review the operations of the 30-year-old plant in Wanli, New Taipei City. They pointed out that in a routine safety check on March 16, the state-run Taiwan Power Co. (Taipower) found that one of 120 bolts that anchor the plant's No. 1 reactor to its concrete base had broken and six others had cracked. Taipower recently applied to resume operations of the No. 1 reactor after replacing some parts and carrying out other safety checks. But the environmental groups said the cracks in the bolts indicated deterioration of the nuclear power plant's structure, operating systems, parts and components. Allowing continued operation of the aging plant would jeopardize public safety. At a recent public hearing on the matter, Tsuei Su-hsin, secretary-general of Green Citizen Action's Alliance, said the decision to resume operations was not transparent. Forecasts for slow growth in China, worries over Greece bailout take toll on markets HONG KONG--World stock markets sank Tuesday over worries about slower economic growth in China and a possible snag in the deal for Greece to get its bailout money. In early European trading, Germany's DAX was down 0.4 percent at 6,835...
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...there are several multinational environmental factors which are discussed below: 1. Government laws, regulation and policies of Bangladesh The government of Bangladesh (GOB) gradually developed seed laws, policies, and regulations for the seed sector that eventually, through various amendments, expanded regulatory oversight over both the private and public sector, and all seed varieties and the governments’ laws, regulation and policies are: * Monetary and Fiscal Policy: The regulation of the money supply and interest rates by a central bank, such as the Central Bank of Bangladesh in order to control inflation and stabilize currency. Monetary policy is one the two ways the government can impact the economy. By impacting the effective cost of money, the Bangladesh Bank as a controller of monetary policy can affect the amount of money that is spent by consumers and businesses. The importance of monetary policy in Bangladesh is: * Itsupports the...
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...Techno-Fundamental Approach to build an Equity Portfolio and Study of Price Fluctuations with volume SIP project report submitted in partial fulfilment of the requirements for the PGDM Program By Chetan Arora 2010065 Supervisors Mr. Kartikeye Vatsa Deputy Manager (Financial Analyst) Dr. Gajavelli V S Professor Institute of Management Technology, Nagpur Institute of Management Technology, Nagpur 2010 - 2012 1 ACKNOWLEDGEMENTS I am sincerely grateful to Punjab National Bank for providing an opportunity to do an internship under its umbrella. This Summer Internship is a necessary component towards fulfilment of the requirements of the Post Graduate Diploma in Management (PDGM) program that I am currently undergoing from Institute of Management Technology, Nagpur. Having undergone the Summer Internship from one of India‘s most prestigious and respected institution, and India‘s second largest treasury division, has indeed been a learning, rewarding and pleasurable experience for me. I also want to express my gratitude and sincere thanks to my project guide Mr. Kartikeye Vatsa, Deputy Manager (Financial Analyst), Treasury Division and his senior Mr Rajan Ravat, Chief Manager, Treasury Division for constantly guiding and supervising my project. This project would not have been possible without their support and motivation. I would also like to thank Mr. Rajesh Bhagat, Manager, Treasury Department for their unending help in understanding the work culture at Punjab...
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...1. Population of Indonesia With a population totaling around 250 million individuals, Indonesia is the fourth largest country with regard to population size. Its ethnic composition is characterized by a wide variety as the country contains hundreds of different ethnic groups and cultures. However, more than half of the population can be classified as belonging to the two main ethnic groups: Javanese (41 percent of the total population) and Sundanese (15 percent of the total population). Both these groups originate from the island of Java, Indonesia's most populous island, which contains almost sixty percent of the country's total population. When the island of Sumatra is included, this figure rises to approximately eighty percent of Indonesia's total population, indicating a significant population concentration in the western part of the country. The most populous province is West Java (with more than 43 million people), while the least populous province is that of West Papua in the far eastern region of Indonesia (having around 761,000 people). Map of Indonesia Five Most Populous Provinces (in millions) Province | Population | 1. West Java | 43.1 | 2. East Java | 37.5 | 3. Central Java | 32.4 | 4. North Sumatra | 13.0 | 5. Banten (Java) | 10.6 | Source: Statistics Indonesia Population Census 2010 This section discusses a number of important aspects regarding Indonesia's demographic composition...
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...year on year. The effort made to convert IPL an Indian version of European league has been a success to some extent. It contains all the element of entertainment that an audience can ask for. Now recently the stage performances by various artists have also started catering to this kind of need of entertainment. Though I believe, catering to the need of particular segment many a times, the marketing efforts have been gone to too much length than actually needed. As have been observed, skimpily dressed cheerleader and their dances are not much welcome to traditional society like India, where entire family watches TV together and still such a show of exuberance combined with excessive show of flesh is generally a taboo. IPL has successfully poached into viewership of TV soaps, as it was a welcome change and affect created was of mirth and merry and welcome break from Saas-Bahu’s painful saga. IPL has been successful in bringing the entire family together as it has something for everyone These classes of people, who want to see cricket along with entertainment rather the other way around, have been dithering away from this new genre of cricket. IPL has also failed in targeting the wide spread rural population, which forms the major chunk of audience for International cricket team. In this divide of team and hence the loyalty has left a huge mass of rural people from semi-urban and rural places looking for belongingness. For ex, a person from Patna, Bihar may wonder whether...
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... Vikrant Das (14109007) Arpit Dhiman (14109006) Dhruva Gupta (14109010) Branch-Production Contents Pg 3…………………………………………………………….Abstract Pg 4……………………………………………………………..What is inflation? Pg 4 – 6………………………………………………………….Types of inflation Pg 6 -7 ………………………………………………………….Causes of inflation Pg 8………………………………Measurement of inflation and issues encountered Pg 10-11……………………………………………………………Factors affecting demand Pg12 - 13……………………………………………………………..Factors affecting supply Pg 14-15………………………………………How Can Government Control Inflation? Pg 16-19…………………………………………………Effect of inflation on various sectors Pg20-21…………………………………………………………..Literature review Pg22-23………………………………………………Needs, Objectives and Methodology Pg24……………………………………………………………..Data Analysis Pg24-25………………………………………………Advantages/Disadvantages of inflation Pg25-26………………………………………………………….Elasticity of Demand Pg27-28……………………………Classification of goods on basis of Wants...
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...as the government deals with an increasingly weak economic outlook, combined with global uncertainty. While not at the emergency levels of many advanced Western European economies, Malaysia has not run a structural budget surplus since the Asian Financial Crisis hit in 1997. Federal government debt as a percentage of Gross Domestic Product (GDP) currently sits at 55.4 %.1 For the time being, this is manageable, but it is the government’s ability to reign this spending in, as well as lack of budgetary reform that has led ratings agency Fitch to downgrade Malaysia’s credit outlook to negative this year. The government’s recent 20 sen cut to the fuel subsidy and increasing speculation of a GST framework to be included in the upcoming budget can be seen as evidence that they are trying to remedy both structural and cyclical economic challenges. Furthermore, for far too long there has been an overdependence on the revenue generated from oil and gas dividends, which currently account for over a third of total government revenues. 2 A GST offers a single unified system where the tax burden is equally shared between the services and manufacturing industries, whilst simultaneously broadening the tax base. This will help to minimise tax exemptions as well as the compounding effects of pyramiding tax, tax erosion, transfer pricing and value shifting. In the current economic climate, it will also ensure a level of stability, as a GST is less susceptible to the fluctuations inherent in commodity...
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...-1- WHAT IS HIDDEN, IN THE HIDDEN ECONOMY OF PAKISTAN? SIZE, CAUSES, ISSUES AND IMPLICATIONS Ahmed Gulzar Novaira Junaid Adnan Haider Pakistan Institute of Development Economics, Islamabad, Pakistan National Transport Research Centre (NTRC), Ministry of Communications Beaconhouse National University (BNU), Lahore, Pakistan State Bank of Pakistan, Karachi, Pakistan Abstract There is a worldwide contemporary debate about the role of the hidden economy in achieving the goal of sustained and inclusive economic growth and development, especially in the context of its spillover effects on the formal economy. For this purpose, policy makers and academicians have made concerted efforts to estimate the size of the hidden economy and to analyze its causes, issues and implications on key macroeconomic variables. However, there is a consensus among the policy makers that a better macroeconomic policy formulation and its true implementation are subject to the proper management of the associated issues of the hidden economy with suitable policy measures. In Pakistan, it is generally assumed that the hidden economy contributes about 30% to 50% to the overall GDP. The purpose of this paper is to estimate more precisely the size of the hidden economy with the determination of its potential causes and implications. Five statistical and structural modeling approaches namely; simple monetary approach, modified monetary approach using dynamic ordinary least square (DOLS)...
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...ESSAY FOR SBI DESCRIPTIVE TEST CYBER CRIMES Millions of people around the world use computers and the internet every day. We all use it in school, work even at home, computers have made our lives easier it has brought so many benefits to the society but it has also brought some problems and cybercrimes with them. Today, the world is moving towards a point where everything from banking stock exchanges, are traffic control, telephones to electric power, health care, welfare and education depends on software. This exponential growth, and the increase in the capacity and accessibility of computers coupled with the decrease in cost, has brought about revolutionary changes in every aspect of human civilization, including crime. As a result, the increased capacities of information systems today come at the cost of increased vulnerability. Information technology has begun to produce criminal opportunities of a variety that the brightest criminals of yore could not even begin to dream about. The term “Cyber Crime” has nowhere been defined in any statute or Act passed or enacted by the Indian Parliament. Any criminal activity that uses a computer either as an instrumentality, target or a means for perpetuating further crimes comes within the ambit of cyber crime. It is rapidly evolving from simple e-mail mischief where offenders send obscene e-mail, to more serious offences like theft of information, e-mail bombing to crashing servers etc.There are various forms of cyber crime like...
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...directed towards the establishment of a free, fair, transparent and fully informed market with help of the Futures market, so that futures prices are truly determined by the forces of demand and supply. In the long term, the continuing rapid growth of economy in India creates a huge potential for Futures market. This study is an effort to understand the factors under PEST Analysis. For this purpose, data from different sources were collected and later analyzed by using statistical techniques. With an improving agriculture, widening scope of education, a balanced economy, friendlier infrastructure, vividly sketched out laws unstained by any kind of corruption will create the right climate for swift growth of the futures market. The PEST analysis shows that most of the factors considered are indeed going in favour of India’s futures market. INTRODUCTION A futures contract is a legally binding agreement to buy or sell a commodity or financial instrument sometime in the future at a price agreed upon at the time of the trade. While actual physical delivery of the underlying assets seldom takes place, futures contracts are nonetheless standardized according to delivery specifications, including the quality, quantity, and time and location. The only variable is price, which is discovered through the trading process. In this study we are trying to find out the opportunities and challenges of futures trading in India through PEST analysis. One of the key benefits of...
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...BLB 20058 – M – MSTRA- L MANAGING STRATEGY ASSIGNMENT FARUK SULEIMAN TP025329 WORD COUNT: 3694 WORDS UCMF1103MBAIT SCHOOL OF POSTGRADUATE TECHNOLOGY PARK MALAYSIA ASIA PACIFIC INSTITUTE OF INFORMATION TECHNOLOGY UNIVERSITY OF STAFFORDSHIRE SHARMILA A/P K. N. SETHUMADHAVAN EXECUTIVE SUMMARY Strategy is well explained as the effective use of well laid out plans to achieve success. It is no less of spectacle to attribute strategy to individual achievement, achievement from a company, a country or at the very least a non – financial institute to achieve strategic success. Ford Motor Company has in recent times lost its market share to emerging Asian companies such as Honda, Toyota, Hyundai and Nissan. As a new landscape of economic might surfaces, new car stereotypes are emerging. Finding a place in these segments is proving difficult for Ford Motors and hence need to change its strategies. Hyper-competition combined with tough economic times has pushed Ford to the edge of insolvency. This paper examines the issues that plague the company while using published models to make analysis on how and why the problems occur to better understand their potential impact on the company’s sustainable competitive advantage. Recommendations will seek to give strategic solutions to address the issues identified earlier. This research isn’t structured upon models to identify, analyze and solve issues but rather looks at the core of the problems within Ford Motors...
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...administration of scarce resources. These resources can be objects and services that are capable of satisfying human needs and wants in both direct and indirect ways. This can be by helping to produce other objects and services whose use satisfies human wants. The administration of resources does not always create economic problems. There are lots of these resources that are more than enough to satisfy all of human wants and needs completely depend of them. One such resource example is “Air”. Such type of resources are known as free resources where it’s not necessary to organize its use because there is no side effects or waste for any inefficient use of such resources. On the other hand, scarce resources are resources that are not sufficient to fulfill human wants and needs completely. Therefore, these types of wants can only be partially satisfied. This reflects the problems of administration which are the subject matter of economics. Firstly, one of the problems of administration is to make sure complete utilization of scarce resources, because incomplete utilization may cause dissatisfaction to human beings. Secondly, in cases where these scarce resources are fully utilized, there is still an ongoing administrative problem of allocating the resources as required by the different uses to satisfy various wants and needs. In such a case, when scarce resources are completely utilized, a complete satisfaction of any one want can only be gained at an incomplete or lesser satisfaction...
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...PICKING COTTON, COLLECTING PAINS (Socio-economic Condition of Cotton Picking Women in South Punjab) Researcher: Amjad Nazeer Oxfam GB, Islamabad (Pakistan) (October 24, 2012) 0 CONTENTS Executive Summary………………………………………………………….……….……...…2 The Euphoria of Agri-economy: ……………………………………………...….…………..7 Higher Yield - Between Myth and Reality: ..........................................................................................8 The Poison Business: ………………………………….……………………………………….9 Dealing in Pesticides: ….…………………………………………………………………......10 Socio-Economic Condition of Cotton Pickers: …………………………………………....11 Cotton Picking and Extended Agri-tasks: …………………………………….……..…….18 Bargaining Vulnerabilities: ………………………………………………………………….19 Clever Calculations to Rob off Picker’s Labour: ……………………..…….…………..…20 Picking Cotton in Poisonous Fields:…………………………………..…………..…..……23 Growers and Dealers attitude towards Pickers: …………………………..………..……..27 Labour Laws and Cotton Pickers: ……………………………………………………..……29 Concluding Thoughts and Recommendations: …………………..…….….………..…….29 End Notes and references: ………………………………………..……………….…………34 Bibliography: …………………………………………………….……………….………..…36 1 Executive Summary Approximately, seven million women are engaged in cotton picking across Pakistan. More or less, one third of them come from South Punjab. The incidence of poverty in rural South Punjab is estimated to be the highest after Baluchistan and parts of Sindh, with women’s condition...
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...601 Course - TERM PAPER Financial Statement Analysis & Valuation AMBEE PharmaceuticalsLtd. ENTERPRISE VALUATION & ANALYSIS OF BUSINESS AMBEE Pharmaceuticals Limited T able of Contents Chapter - 01 Chapter - 02 Chapter - 03 Chapter - 04 Chapter - 05 About the Company Strategy Analysis Valuation Conclusion Annexure ………………………… ………………………… ………………………… ………………………… 01 03 11 21 A M B E E P H A R M A : V A L U A T I O N 1 Chapter About the Company The company’s operation & historical performances were moderate and they were not leading the market from their inception A MBEE PHARMACEUTICALS LTD., was established in 1976 in Bangladesh. This public limited company was registered under the companies Act, 1913 and was incorporated in Bangladesh on 4th February 1976. Ambee has a joint venture with a famous multinational company Medimpex of Hungary. Ambee started its operation with modest 17 joint ventured products and is now running in full swing with 76 products. They have Tablets, Capsules, Liquids, and Gel in tubes and Injectables. Its operational area covers all over Bangladesh with a large number of field forces who strive hard to establish the demand of products of the company in every corner of the country. The company maintains four outside Depots located at Khulna, Bogra, Chittagong and Sylhet besides its National Distribution Cell in Dhaka. When Ambee Pharmaceutical Ltd.(APL) was launched back in Feb’ 1976, Ambee had only 30 field forces...
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