Mcv4ua Practice Test Essay - 1107 Words

Calculus and Vectors MCV4U-A Practice Test Time: 2 hours Total Marks: 101 Final Test Score _____ à · 101 Ãâ€" 100 = _____% Instructions †¢ There is a label attached to this page. Compare the course code on the label with the course code printed on the Final Test to make sure that they are the same. Inform the Final Test supervisor immediately if they are not the same. †¢ The Final Test pages are numbered 1 to 13. Check to see that all thirteen pages are attached. Inform the Final Test supervisor immediately if there are any pages missing. †¢ You may use a calculator during the Final Test. You may not use any books or notes. †¢ You must write your answers in the space provided. †¢ There are two parts to the test. A breakdown of the marks†¦show more content†¦(7 marks) d) Indicate the intervals where the graph is concave up and concave down. (2 marks) e) Sketch the graph of the function. (3 marks) www.ilc.org Copyright  © 2008 The Ontario Educational Communications Authority. All rights reserved. page 8 Calculus and Vectors MCV4U-A Practice Test 9. An open-topped cylindrical water reservoir has a volume of 320Ï€m3. 2 The material used for the bottom of the reservoir costs $5/m and the 2 material used for the vertical portion costs $8/m . Determine the radius and the height of the cylinder so that the cost is a minimum. 2 2 (Volume = Ï€r h and Surface area = Ï€r + 2Ï€rh) (8 marks) Copyright  © 2008 The Ontario Educational Communications Authority. All rights reserved. www.ilc.org Calculus and Vectors MCV4U-A Practice Test page 9 Part B: Vectors (39 marks) (approximate time: 40 minutes) 10. A chandelier with a weight of 100 N is suspended at a single point by two cables that make angles of 45 ° and 60 ° with the ceiling. Calculate the tension in each cable. (8 marks) → → 11. Find the angle between the vectors u = (–5, 1, 3) and v = (–2, 1, –2). (5 marks) www.ilc.org Copyright  © 2008 The Ontario Educational Communications Authority. All rights reserved. page 10 Calculus and Vectors MCV4U-A Practice Test 12. Determine the scalar, vector, and parametric equations of the plane that passes through the points A(1, –1, 2), B(0, –1, 1), and C(1, 2, 1). (9 marks) Copyright  © 2008 The Ontario Educational

The Political Motivations For English Imperialism - 969 Words

1. The political motivations for English imperialism were made on country that is craving to succeed in power, to increase their land, to have an armed force, to achieve respect by captivating colonies, and increase pride and security countrywide. The Pilgrims left England to North America because they were seeking freedom from religious oppression from King James I. Even though most of them died during the cross over, the few that made it settle very quickly with the help of the Native Americans. These groups of people were very religious and wanted to keep their faith alive. Their leaders in England did not tolerate it so they decide to leave England to a place where can freely express their religion. (U.S History, 2008-2016) 2. The social pressures that contributed to English colonization of North America are the fact that the population in England doubled. There were to many mouths to feed and very little food, clothing and other goods that led to inflation. Since there were so many people looking for job the wages fell drastically which led the laborers in poverty. Landowners raised their rents, apprehended the lands where the peasants occupied commonly which resulted on them being homeless and landless. So they had no choice but to live in the streets. The officials finally realize that them leaving to North America would alleviate the surplus of population in England. So that is why they migrated to North America to improve their circumstances. (Norton, 2015)Show MoreRelatedWhat Is Your Opinion of The Spread of English in the World Today?1137 Words   |  5 PagesThe usage of English language by people is common in every part of the world. Nowadays there are lots of people interested in English reading and speaking. According to Hung (2009), the world was in need of a common language at the end of the 19th century to communicate and they believed that this common langurage should be among the natural languages that existed at that time. So among ot her languages English seemed to be more suited to the world language (Hung, 2009). Since English has now becomeRead MoreColonialism740 Words   |  3 PagesPolitical legacy of colonialism in India A lot of countries were experienced of political legacy of colonialism. This essay will focus on concept colonialism and its reasons. This notion could be defined in different ways. Colonialism is a situation of some territory which ruled by another country. Colonialism is a political-economic phenomenon whereby various European nations explored, conquered, settled, and exploited large areas of the world. Colonialism developed from imperialism, which canRead MoreThe Far Reaching Effects of Imperialism1323 Words   |  5 PagesAge near the beginning of the nineteenth century also came with the rise of nationalism, or the belief that a country’s way of life was superior to others. 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Competition for land areas, settlement, trade, and exploration led to the growth of imperialism and the economic system of mercantilism. Spain was the first nation that colonized the Americas. Spain tried to find a way to trade with Asia in order to grow rich.Due to this important motivation, in 1492, SpanishRead MoreLinguistic Imperialism5792 Words   |  24 PagesThe Linguistic imperialism of Robert Phillipson 1. Linguistic Imperialism 1.1 The spread of English The stated aim of Phillipson’s 1992 book Linguistic Imperialism was to set out how English became so dominant and why, and to examine the role ELT pedagogy had in contributing to it becoming â€Å"the international language par excellence in which the fate of most of the worlds millions is decided.† (Phillipson 1992 p.6) While many writers had tackled the question before no one had done so from

Color imagery in sir gawain and the green knight Essay Example For Students

Color imagery in sir gawain and the green knight Essay I believe that the Color imagery in sir gawain and the green knight Essay represents nature, as a force that man has little control over. This is evident during the journey of Sir Gawain, and later, his shame in front of King Arthurs court. Nature does as it will in ways that can not be controlled by man. The best they can do is to acknowledge the fact that it is happening. They had no control whatsoever, and therefore, were subject to its, at times, ferocity. This is similar to the ferocity displayed by the Green Knight. The Green Knight worked under his own set of rules, and like a growing tree, man had, and still has, no control over when the tree would leaf or bloom, or how long its branches would grow. The Green Knight, like nature, has to be understood before it can be dealt with, and even then, you are not guaranteed success. You need to know how he thinks, and play your cards right, in order to come out of the fight successfully. At first Sir Gawain was on the right path, but throughout his journey, he became sidetracked and due to that, he brought shame unto himself, and to the court of King Arthur. The story begins with a New Years feast at Arthurs court in Camelot. All the knights and ladies gather to exchange gifts, and to eat and be merry. Everyone is laughing and having a good time, while Arthur amuses them with stories of courageous knights. The first course is served, and the guests are about to eat, when a knight, dressed totally in green, rides into the dining hall. The knight is very large, well-dressed, and imposing. It seems that he has come in peace, due to the absence of his armor and shield. The Green Knights connection to nature is emphasized when he is presented holding a holly bob. ..That is goodliest in green when groves are bare(206-7). His closeness to nature is also apparent when the color of the knight is described as green as the grass(235). The Green Knight has a challenge, and he demands to speak to the head of the court. King Arthur, being the head of the court, answers the call of the Green Knight. The Green Knight proceeds to tell Arthur that it is his court who are the best and most noble knights in the land, and he has come here with a challenge. He begins to taunt Arthurs knights, and King Arthur becomes outraged and accepts the strangers challenge. The Green Knight will allow someone to strike him with an ax, as long as they agree to find him in one year to accept the return blow. Before King Arthur can chop the Green Knights head off, Sir Gawain stands up, and asks if he can replace the King instead. The court agrees to let Gawain take the challenge, so Gawain swings the ax, and chops off the knights head. As soon as his head gets chopped off, the Knight picks it up and mounts his horse. He tells Gawain to meet him at his house, the Green Chapel on New Years Day the following year. He rides away, and the court proceeds to finish their feast. I guess the court is used to people having their heads chopped off, and then riding away on their horse. An excellent line in this poem was the line The blood gushed from the body, bright on the green(428). The red obviously, symbolizes blood, but it is interesting how the author takes time to tell how the red and green contrast. I see the contrast as blood, which is a certainty-a certainty of death, and the green, as the unpredictable nature, which is also death in many forms. .uc0bf4e26ff49de9ff7a2673d7b8b20b6 , .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .postImageUrl , .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .centered-text-area { min-height: 80px; position: relative; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 , .uc0bf4e26ff49de9ff7a2673d7b8b20b6:hover , .uc0bf4e26ff49de9ff7a2673d7b8b20b6:visited , .uc0bf4e26ff49de9ff7a2673d7b8b20b6:active { border:0!important; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .clearfix:after { content: ""; display: table; clear: both; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6:active , .uc0bf4e26ff49de9ff7a2673d7b8b20b6:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .centered-text-area { width: 100%; position: relative ; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6:hover .ctaButton { background-color: #34495E!important; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6 .uc0bf4e26ff49de9ff7a2673d7b8b20b6-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc0bf4e26ff49de9ff7a2673d7b8b20b6:after { content: ""; display: block; clear: both; } READ: Self esteem Essay Time goes by, and the seasons pass, as well as the year. Sir Gawain gets ready for his departure from King Arthurs court in the fall. On his neck he has a pentangle, which is a five- pointed star. It is also called the endless knot, and its five points symbolize the 5 senses, the 5 fingers, the 5 wounds of .

War for Independence free essay sample

The War of Independence, also known as the American Revolution, was a monumental event in history. Many developments and implications during this time period changed the course of history and the lives of those who lived through it. During the American Revolution, 13 colonies fought for legal separation from the British government. In both large and small battles, American’s fought back in an attempt to claim independence from Britain. In the events leading up to the Revolution the British Parliament imposed taxes, rebellion organizations were formed, and dismay and helplessness washed over communities struggling to break free of unfair laws. The greatest impacting events that led to the American Revolution were the unfair taxation acts imposed on Americans. The course of events encompassing the American Revolution would determine the outcome of life in the United States entirely. As we examine the historic events that led to the American Revolution, we understand that people came to America in pursuit of independence from the harsh British government rule. We will write a custom essay sample on War for Independence or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Once the colonists began to develop themselves in the new world, Britain thought it was necessary to control the trade markets. Parliament decided it would be wise to make some adjustments to the existing trade regulations. Aside from these revisions came new taxation and regulation against the 13 colonies including The Sugar, Currency, Quartering, Stamp, and Tea Acts. The sense of community from within the colonies and the ever-growing outrage of colonists dealing with newly established taxes would create a substantial defense against Britain and the Crown. The newly imposed Sugar Act was created as a modified version of The Sugar and Molasses Act. The Sugar Act would â€Å"reduce the rate of tax on molasses from six pence to three pence per gallon,† and â€Å"Grenville took measures that the duty was strictly enforced† (Johnson). As a result of The Sugar Act, â€Å"the enforced tax on molasses caused the almost immediate decline in the rum industry in the colonies† (Johnson). Britain’s attempted control over the Americans by way of taxation proved unsatisfactory because the colonists knew they could avoid those taxes entirely if production was halted. Instead of producing rum and complying with the new taxes, Americans chose to resign from rum production altogether to make a stand against the unfair taxes. Even though The Sugar Act was not a complete success, Britain put in place another act that would greatly affect the population of the 13 colonies. The Currency Act was deeply troubling for those who printed their own currency because this act would prohibit American colonies from doing so: â€Å"Parliament argued that colonial currency had caused devaluation harmful to British trade. This act â€Å"banned American assemblies from further issuing paper bills or bills of credit† and caused turmoil among the citizens (Kelly). The colonies vehemently protested against this law because they already suffered from British trade, and knew this would only add insult to injury. As if the first two laws forced upon the colonies were not agonizing enough, Parliament brought The Quartering Act to the table. Not only would colonists have to pay taxes determined by the British, they were also forced to â€Å"house and feed British soldiers if necessary† (Kelly). Considering many of the colonists came to America with the expectation of independence from Britain, now more than ever the reality of housing the enemy left them bitter and irate. Now they would have to open their homes and businesses during times of war to house British troops. British government wanted to keep more troops in the colonies after the French and Indian War to protect against future attacks. However, because American’s were profoundly against assisting the British in any way, they too rebelled against this act. Extreme animosity toward The Quartering Act led to the inclusion of the 3rd Amendment to the Constitution: No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law† (â€Å"Third†¦Ã¢â‚¬ ). Due to the notable levels of success from the use of stamp act as reasonable taxation in England, Britain sought to impose similar taxes on paper goods in America. Materials like newspapers, pamphlets, government documents, cards, and all other paper goods would require a stamp in which a small tax would be paid on each item. The colonists saw this as an attempt from England to control the court system in America. As with all of the unjust taxation laws inflicted upon the colonies, unsurprisingly there was much resistance to The Stamp Act as well. The term â€Å"No taxation without representation† began with the proposition of The Stamp Act. The colonies did not see eye-to-eye with Parliament about how they could pass such a law without colonial defense: â€Å"The American Stamp Act of 1765 was a watershed vent in the relations between Great Britain and her colonies, and was a major part of the dispute over taxes and representation that led to the American Revolution† (Mellen 74). Disliked by many colonists the Stamp Act’s â€Å"impact on printed material generated a universal opposition from colonial printers and they became a crucial influence on public opinion†¦newspaper opposition was unanimous and concluded that, in response to this tax, the press presented a rare united fr ont† (Mellen 76). Tarring and feathering of stamp holders were just a few demonstrations of rebellion against the new law. With strong opposition to the Stamp Act, colonists were eventually able to repeal the law a few years later; proof that fighting for what they believed in would eventually pay off. Another act passed by Parliament in May 1773; the Tea Act would be the straw to break the camel’s back. In Boston, the revolutionary movement was on the brink of erupting. The design of this act was to aid the East India Company in the sales and distribution of unsold tea. Unfortunately, the direct sale of tea to the colonies undercut local businesses and further enraged the merchants. American’s were beginning to resent Britain’s heavy-handed enforcement, which resulted in a boycott of tea, best known as the Boston Tea Party. In December 1773, local men joined forces in the Boston Port and â€Å"boarded three ships, broke open the tea chests, and threw them into the harbor† (â€Å"The Colonies†¦Ã¢â‚¬ ). News of these rebellious acts began to reach other colonies and resulted in their attempt at fighting back as well. These acts came during the economic slump that followed the French and Indian War. Ultimately, the laws and demanded taxes imposed by the British only caused more problems for American’s. Instead of a productive and peaceful nation, turmoil between the colonies and British rule dominated the lives of everyone involved. The ever-constant unresolved battle between these two parties further pressed the need for war to terminate the conflicts, and for the colonies to make a name for themselves. It was clear that Americans struggled to find independence from Britain regardless of how often they may have tried to support the Crown. Each individual found the courage to sail across a vast ocean in hopes of establishing a prosperous and favorable life with no guarantees. While the British held the majority of government control, American’s often rebelled against the demands placed upon them. The rights of American’s were not protected and because they had no representation in Parliament, they were often left without a voice to defend themselves. In dire need of representation, a group of discontent colonists formed to create the â€Å"Sons of Liberty. † These men would take a chance in defending themselves and their colonies against the harsh British government. With the organization of this newly founded group of citizens, the colonists finally would have an opportunity to make decisions for themselves. Anger controlled a preponderance of men and because of this, they would defy British authority completely. The emotional devastation of the colonies proved one thing: First irritated by the Sugar Act, seriously angered by the Stamp Act, and simmering by the Declaratory Act, American colonists developed extensive inter-colonial networks of organized resistance, linked together by independent and autonomous organizations—such as the Sons of Liberty—and independent newspapers, which were widely read locally and delivered by horseback along the east coast (Andrlik 50). These men combined with militia groups would fight wars against the British Red Coats. It can be said that the strongest resistance to Britain and the Crown was in Boston. The call for independence was the loudest, and most successful. The Sons of Liberty participated in the development of militias all around Massachusetts and neighboring colonies. This assembly of men would fight against large numbers of British soldiers. When British forces tried to disarm the militia, Paul Revere spread word of a possible defeat and collected a larger force against them. The Sons of Liberty’s intention was to spread the word of unconstitutional laws placed upon them, and pledge to uphold the United States Constitution. From the first rebellious acts against the Crown, to the first battles fought for the Revolution, the Sons of Liberty were a constant force to be reckoned with. At the commencement of The Intolerable Acts, a consequence in direct result of the actions involved during the Boston Tea Party, outrage over colonies grew to a record high. Many colonists viewed this new law a violation of their basic rights and because of that they formed the group known as the First Continental Congress. Unlike the Sons of Liberty, these men fought for the government from a legal standpoint. They wanted to create their own laws, and remove any power currently in place by Britain and the Crown. In order to do so the men called among delegates from neighboring colonies to discuss how they could organize resistance to British rule. This meeting gave success to the formation and training of militia, and a better understanding of what had to be done to surpass the Parliament and put and end to the unfair laws. As a result of the Coercive Acts, even more colonists were willing to take a stand against Britain. The effects of the First Continental Congress were immeasurable. In 1776, The Second Continental Congress met once more to write The Declaration of Independence. This declaration would announce that the 13 colonies now considered themselves independent states, and from this point forward would be free from British government powers. These men and women felt they deserved the same rights that all citizens of Britain currently held: We hold these truths to be self-evident, that  all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are  Life, Liberty and the pursuit of Happiness (â€Å"Declaration†). By the time the declaration was written, the colonies and Britain had been at war for over a year; but that didn’t impact the desire for freedom. If anything, the success of the militia and the families siding against Britain were growing with popularity and a genuine ambition for change erupted. Over the course of events leading up to the American Revolution, each one had a significant impact on the lives of Americans. The reason for coming to the New World was to escape from the harsh government system in Britain, and to begin a life with higher expectations, greater promise, and a sense of self worth. When Americans became familiar with their surroundings, and they began to find precious materials and goods that impacted the trade markets, Britain wanted to control every source. Because Americans had become successful without the help of British government, the King wanted to control how much money each individual had, what was traded, and the basic rights of each person. With the regulation and development of new laws and taxation, the colonies began to fear their independence was being taken away. In turn, this resulted in public outrage and distrust toward the Crown. A combination of anger, resentment, and frustration as a result of the unfair laws and taxes in place, allowed the colonies to devise boycotts and rebel against Britain. Where Britain hoped to overcome many battles, Americans proved that they shared a passion to defeat the King. The strong sense of community and knowledge of the unjustifiable laws only weakened the stance for Britain during this time. The increase in longing for independence only fueled the fire, and with the writing of the Declaration of Independence, each American would now know what true freedom represented. Work Cited: Andrlik, Todd. The Sons Of Liberty Rise Up.   Patriots Of The American Revolution  5. 3 (2012): 50. MasterFILE Complete. Web. 23 Nov. 2012. Ernst, Joseph Albert. The Currency Act Repeal Movement: A Study Of Imperial Politics And Revolutionary Crisis, 1764-1767. The William And Mary Quarterly  2 (1968): 177. JSTOR Arts amp; Sciences I. Web. 19 Nov. 2012. The Declaration Of Independence Of The United States Of America. Project Gutenberg. eBook Collection (EBSCOhost). Web. 21 Nov. 2012. Johnson, Allen S. The Passage Of The Sugar Act.   The William And Mary Qua rterly  4 (1959): 507. JSTOR Arts amp; Sciences I. Web. 23 Nov. 2012. Kelly, Martin. Causes of the American  Revolution.   About. com: American History. Web. 18 Nov. 2012. lt;http://americanhistory. about. om/od/revolutionarywar/a/amer_revolution. htmgt;. Mellen, Roger P. The Colonial Virginia Press And The Stamp Act.   Journalism History  38. 2 (2012): 74-85. Communication amp; Mass Media Complete. Web. 26 Nov. 2012. The Colonies Move Toward Open Rebellion, 1773-1774.   The American Revolution, 1763-1783. Library of Congress, Web. 20 Nov. 2012. lt;http://www. loc. gov/teachers/classroommaterials/presentationsandactivities/presentations/timeline/amrev/rebelln/gt;. Third Amendment.   Wests Encyclopedia of American Law, edition 2. 2008. The Gale Group 19 Nov. 2012  lt;http://legal-dictionary. thefreedictionary. com/Third+Amendmentgt;

Marketing strategy Aussie Fresh

Abstract It is important to understand that even though the market opportunity in Vietnam seems to be promising, there are associated risks for the foreign investors. Continuous consultation from competent and qualified market analysts is the key to success any company that intends to invest in Vietnam.Advertising We will write a custom assessment sample on Marketing strategy: Aussie Fresh specifically for you for only $16.05 $11/page Learn More The organizations should be able identify the evolving market trends and make the necessary long-term and short-term reinforcements in order to survive in the market. Aussie Fresh should adopt direct export as the entry strategy since the other entry modes seem unfavorable in Vietnam. Introduction Background The production of wine in Australia has drastically increased in the past leading to oversupply of wine in the Australian market. Even though the rate of local consumption has increased, the production rates have increased more forcing the wine industries to seek foreign investment (Davis, 2005, p.1). In order to have a successful foreign investment, the company has to understand the market environment at the foreign market and adopt a marketing strategy that can help it gain a competitive advantage over the other companies in the same market. It needs to understand the internal and external forces that might influence its operations at the foreign establishment. The export market also receives increasing competition. This calls a continuous assessment and evaluation of the market trends by the company (Davis, 2005, p.2). It should be the aim of the organization not only to have a competitive advantage over the others but also to sustain the advantage for long (Peng, 2008, p16). Purpose of the report The report is intended to help in developing a marketing strategy that Aussie Fresh can adopt when establishing a foreign investment in Vietnam. The wine industry in Vietnam, the analysis o f internal and external factors the company, the country profile for Vietnam, and the suggested strategies are presented in details. In-depth Business case analysis Vietnam country profile and PESTEL Vietnam is a country in Southeast Asia, which seceded from China in the first half of the tenth century A.D. During their struggle for independence, the Vietnamese were almost thrown out of their home country by the colonial power. The result was a politically divided nation and this rivalry continued and was evident during the Vietnam War.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The war continued and in 1975, the war between the North Vietnamese and the South Vietnamese ended resulting into of the two in 1976. Vietnam was now a politically stable nation after a very long struggle. Various political and economic reforms could now be put in place by the government. The country could now feature and participate in the international market as it developed good relations with other countries. Vietnam joined the World Trade Organization in 2007, and was committed to its terms and conditions. The country has succeeded in making good international relations and this has led to a rapid economic growth in the country in the recent past. It has been projected by Citigroup that the rapid economic growth is set to continue being experienced in the country in the future. The report by Citigroup ranked Vietnam the top among the countries termed as Global Growth Generators (Citigroup, 2011). The country is expected to have a high growth rate of real per capita Gross Domestic Product of 6.4% between 2010 and 2050. The population census that was conducted in April 2009 showed that the country had about 86 million people. The figure is projected to be about 89 million people currently in the country and is expected to hit 112 million mark in 2050 (Citigroup, 201). Out of this population, about 85% percent belong to the ‘Kinh’ community. There are over 50 other minor ethnic groups but the Kinh community dominates most parts of the country. It has the greatest control on both the political and economic development in the area. Their culture dominates the region suppressing the other cultures in the country. The official language in the country is Vietnamese, which traces its roots from the Chinese language as it uses some of the Chinese characters. Most studies that were carried out in Vietnam were mainly in the areas of humanities. Scholars had much attention in areas like philosophy and linguistics for a relatively long period. This has, however improved gradually with studies in fields like mathematics and social sciences. Their applications in the adoption of the modern technologies started to be seen.Advertising We will write a custom assessment sample on Marketing strategy: Aussie Fresh specifically for you for only $16.05 $11/page Learn More The use of media in Vietnam is one f the technological aspects that were seen in the country. Media in Vietnam has had the challenge that most of the operations of the media outlets are under the control of the government. There are no independent outspoken media outlets that can operate contrary to the government’s restrictions (Amnesty international, 2010, p2). The country has a national radio broadcasting service that goes beyond the country through satellite transmission. There is also the Vietnam television that is also a state-owned media house. Print media is also available in Vietnam and has been useful to the government in informing the public of the government policies in relation to the local and international trade. The use of internet is also available in Vietnam. However, the government puts both the technical and legal restrictions on its use. There had been cases where internet users are arrested and charged in court due to their online activities (Amnesty international, 2010, p2). The legislations in Vietnam are not friendly to the citizens and foreigners. The government restrictions on human rights and privileges are evident. Their 1992 constitution talks of the right of freedom of expression but on condition, that it is in accordance the other strict requirements of the law (Amnesty International, 2010, p.2). An institutional analysis The market in Vietnam is not fully developed and can be likened to the other upcoming global markets. The country has a civilized population with unique cultural values and practices. However, it has been observed that the business environment in the country is uniquely defined and marketing strategies that have proved successful in the other parts of Asia may not be applicable in Vietnam (Diep, 2011). Even within the country, there is an evidence of difference in consumer cultures, which calls for an integrated system of marketing strategies. It was observed that a ma rketing strategy that was successful in one part of the country might not be successful in the other part of the country due to the cultural diversity (Diep, 2011). Just like in any other country where the citizens tend to adopt the Western lifestyle, the urban population is often attracted to the new and modern brands from the west. The population often chooses their brands in regard to the financial and social status of an individual in the society. The same scenario is witnessed in the wine consumption in Vietnam.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It has also been noted that this population positively respond to the advertisements and sales promotions that are performed on new brands (Diep, 2011). It was also pointed out that once the consumers have been attracted to a particular product brand, it takes a relatively longer period for another competing company to lure them into their products. Wine industry in Vietnam and other Asian countries Porter’s five forces analysis Wine production in the Asian countries like China and Vietnam is set to increase in the near future due to the increased production of raw materials. Most of these countries do not have a climate that favors the production of grape. However, they have opted to adopt mechanized farming systems and modern technology in the production of wine (Griffin, 1996). The learning institutions have also established curriculum that provides an extensive research on wine and win production. The increased wine production using the modern technology that has been see n in China and Vietnam is the project of a foreign wine production company called Allied Domecq (Griffin, 1996). This implies that there are chances that more investors will be attracted to the industry. The advantage that a foreign investor in the wine industry in Vietnam can enjoy is that the production by the Vietnamese is in the process of developing. It has been pointed out that the French only introduced the techniques of coffee and bread making and never introduced the technique of wine making in Vietnam (Griffin, 1996). Besides, the variety of grapes that is set to be used for wine making has been found to be unfit for such production and is set to adopted tentatively as other fit varieties are being developed. A competing company with reliable source of recommended raw products can easily utilize this looming opportunity to gain a competitive advantage. One of the challenges that are to be faced by the company’s operations in Vietnam is the poor infrastructure in the country. Good means of transport is one of the key drivers of globalization (Ghemawa 2007, p.14). Even though the country is developing and it is in the process of improving the limited infrastructure, the system of distribution channels requires further strategies by the business organization. Another challenge to be faced in exporting wine to Vietnam is the high rate of import tax levied on the imported products (Diep, 2011). However, there is an expectation that the tax rates will go down due to the intervention by the World trade Organization in the monetary and fiscal policies that are to be used in Vietnam. The market analysis of the consumption of wine in relation to other substitute products still indicates a possible increase in wine consumption. It was observed that even though a bottle of wine could buy more than a dozen f beer, there was a constant by the natives especially in the urban centers from beer to wine consumption (Diep, 2011). There has been a remarkable chan ge in the channel of distribution for wine products in the country with the product being available for sale at both the local retail stores, supermarkets, and the hypermarkets. The latest report by the Australian trade Commission showed that the promising areas of the wine industry in Vietnam include ‘white and red wines, rose, desert wines, sparkling wines, cask and bulk wine for local bottling and the hospitality industry’ (Diep, 2011). The wine that is imported from Australia into Vietnam forms about 15% of the total imported wines in the country (Diep, 2011). The largest percentage of the imports is the French wine with Australian wines having the second largest share of the imports In the past couples of years, there has been a remarkable economic growth rate experienced in the country, which makes it a suitable export market for the Australian wines. The region has about 87 million consumers of wine and the rate of sales at the local retail stores is promising (D iep, 2011). The figure is set to increase in the coming years due to the changing life styles that are currently being experienced in the region. Traditionally, the consumers of wine used to be the foreigners in the country o the country’s nationals who had been to the western country and back. However, the adoption of the western culture and the growing economy in the area that leads to improved living standards makes the local population the major consumers of wine in Vietnam (Diep, 2011). This provides handsome opportunities for the Australian wine producers to compete for the market of their product in Vietnam. SWOT analysis and VRIO summaries The proximity of Australia to Asia provides a good opportunity for expansion the company’s business operations. The cost of transportation is relatively lower and shipment of products can be done daily (Peterson et al 2000, p.32). The company can also boast of the ability to obtain the raw materials throughout the season. Thi s leads to a constant production of the company’s products in relation to the prevailing market demands. The high use of modern technology in Australia can also enable Aussie Fresh to manufacture products that are modern to capture the Vietnamese consumers who are attracted to new and modern products. A high cost of production is one of the problems faced by the company. The agricultural products in Australia, which are the raw material for wine production, are relatively expensive perhaps due to the farming practices that are adopted by the farmers (Peterson et al 2000, p.32). The market for wine in Vietnam is under a stiff competition from other investors like France. The French wine is currently the leading imported wine in the region and might sustain the competitive advantage due to their improved technology. Besides, one marketing technique that might be adopted is use of sales promotions and advertisements through the media. This is not very possible due to extensive l egislative regulations put on the media usage. However, it is important to note that wine production by the local companies in Vietnam is still very low due to lack of resources and the appropriate expertise. Evaluation of two modes of entry There are different modes of entry that a company seeking to establish a new foreign investment. Two of these modes are examined below. Franchising This is an entry strategy whereby a new company enters a deal with an existing company to use the latter’s brand name. In franchising, a company (franchisor) develops a marketing model and sells its operation to another company (Spinelli et al, 2004, p.2). It has the advantage that the establishment of a foreign investment is faster and cheaper when the operations are managed by some third party established in the region. The franchisor does not have to bear the full risks of foreign investment. However, it requires that there be a true commitment between the franchisees and the parent compani es (Kutz, 2004). The production and marketing processes are not under the full control of the parent company (Peng, 2008, p171). J.V.P This involves two or more companies forming a joint company. A foreign company collaborates with some local partner to have a joint operation. It has the advantage that risks and costs of production are shared among the partners. The foreign company is also able to learn more about the host country in order to develop future independent marketing strategies (Peng, 2008, p172). However, it is important to note that the operations in these joint companies are not smooth due to the diversities that often exist among the partners. There are always disagreements in decision-making process. It does not provide the foreign partner a substantial control over the operations (Peng, 2008, p172). Conclusion- summary and recommendation Both the above entry modes have the disadvantage of the lack of full control over its operations. The entry strategy that should be adopted by Aussie Fresh is direct export as it has less associated risks in relation the evaluated market situations in Vietnam. It has the advantage the company has a direct access to its foreign customers (Peng, 2008, p139). The company may tentatively use local distributors by carefully examining and assessing the trade agreements that have been signed between the two nations The company should attempt to adopt the business culture that prevails in Vietnam. It should identify the suitable distributors and sales agents for their products. To win a large market share, it should liaise with retailers like supermarkets, hypermarkets, hotels, and restaurants for the distribution of their products. This will improve the consumers’ access to the products. The company’s warehouses should be located in convenient places that are easily accessible by water transport. The most convenient locations are near the Vietnamese local distribution centers that are definitely access ible by some sea freight. Much of the products should be shipped through the sea while a small proportion of the shipment can be through the air. Advertisement and promotions are a better means of ensuring that the company captures a large market share in the Vietnam market. It was noted that the consumers in Vietnam are highly sensitive to advertisement and promotion of new products. Reference List Amnesty International. 2010. Amnesty International testimony on religious and human rights situation in Vietnam. Web. Available from: http://tlhrc.house.gov/docs/transcripts/2010_08_18_Vietnam/Testimonies/T_Kumar_Amnesty_Testimony.pdf . Citigroup. 2011. Vietnam tops 11 fastest-growing countries by 2050: report (Online) Available from http://en.stockbiz.vn/News/2011/3/2/186079/vietnam-tops-11-fastest-growing-countries-by-2050-report.aspx Davis, T., 2005. Using the Bulk Wine Market to Explain Oversupply in the Australian Wine Industry. Journal of Wine Research, Vol. 16, No. 3, pp. 249â₠¬â€œ258. Web. Available from: http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?hid=9sid=2ee6dd76-0191-4806-a1e2-9788540c2ddf%40sessionmgr13vid=8 . Diep, A., 2011. Vietnam’s market for Australian wine. Web. Available from: http://www.dynamicexport.com.au/articles/markets/vietnams-market-for-australian-wine-6821/ . Ghemawa, P., 2007. Redefining global strategy: crossing borders in a world where differences. NY: Harvard Business Press. Web. Available from: https://books.google.com/books?id=8iPXgr7oJ9MCprintsec=frontcoverdq=Global+Strategyhl=enei=waB0Tfz6Fsio8QOakaGvCAsa=Xoi=book_resultct=book-preview-linkresnum=4ved=0CD4QuwUwAw#v=onepageq=Australiaf=false Griffin, J., 1996. The art and science in modern Asian wines. Asian Business Review, Jun96. Web. Available from: http://web.ebscohost.com/ehost/detail?hid=17sid=3da6105a-25cf-45a2-b851-c2edeab4d836%40sessionmgr112vid=4bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=bthAN=9607096112 . Kutz, R., 2004. To Franchise, Or Not To Franchise. I nc, Vol. 26, Issue 2, p34-36. Web. Available from: http://web.ebscohost.com/ehost/detail?hid=107sid=2ee6dd76-0191-4806-a1e2-9788540c2ddf%40sessionmgr13vid=9bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9hAN=11916480 Peng, M. W., 2009. Global Strategy. Second edition. Ohio: South-Western Cengage. Web. Available from: https://books.google.com/books?id=EizYm46Kv_ACprintsec=frontcoverdq=Global+Strategyhl=enei=waB0Tfz6Fsio8QOakaGvCAsa=Xoi=book_resultct=book-preview-linkresnum=1ved=0CC8QuwUwAA#v=onepageq=Franchisingf=true . Peterson, J. et al. 2000. Chain Stocktake of some Australian Agricultural and Fishing Industries. Bureau of Rural Sciences, Canberra. Web. Available from: http://adl.brs.gov.au/brsShop/data/PC12761.pdf . Spinelli, S. et al. 2004. Franchising: pathway to wealth creation. Upper Saddle River: FT Press. Web. Available from: https://books.google.com/books?id=xqiwiTz_iF4Cprintsec=frontcoverdq=franchisinghl=enei=DJJ0TeTOJsrxsgbe1KGEDgsa=Xoi=book_resultct=book-preview-linkresnum=1ve d=0CDsQuwUwAA#v=onepageqf=true . 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Horror Films and Their Appeal essays

Horror Films and Their Appeal essays Though Im a fan of most film genres, watching anything horrific usually isnt my top choice. Of course I will occasionally sit down to view something along the lines of Dawn of the Dead, as King mentioned in his article which, ironically, also happens to be the most recent horror film Ive seen I most certainly will not enjoy it; not as I would an action film, or better yet, a comedy. If I were to attempt to describe how I reacted to my first horror film, it would be a fight with my memory to recall the experience. Instead, Ill describe what its like to go see horror films in todays day and age. As the years pass, films are being created with more and more special effects to enhance the audiences viewing experience. Blood no longer looks like ketchup; human remains no longer resemble pieces of plastic covered in ketchup. Our fantasy is taking a surprisingly unfortunate turn. The undead have begun to look like real flesh and blood; still, dead, of course. I believe that this will have more of an impact on my generation and the next because of its realistic appeal. As a level-headed human being, I can say that Im unaffected by these films because, even after the curtains close and I venture home, moral remains unchanged. Shooting your neighbor is illegal no matter how much he resembles a zombie you saw in the theatre beating animals is inhumane, and so forth. When I go to see horror films I dont have to suppress the urge to go on a murderous rampage. The urge is simply not there. However, I do sit contently in my chair, sometimes curling up into a ball in fear of being killed myself! There is some truth in what King wrote in his article, but for the most part, I disagree. Sure, we all have felt rage to some degree Id say driving behind people who ignore the minimum speed limit gets me dangerously close to a murderous rage b...

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Telecommunications Industry Overview

Telecommunications Industry Overview Telecom Sector Global Perspective Components and factors responsible behind the growth of telecommunications industry Two major factors responsible for the growth of telecommunications industry are use of modern technology and market competition. One of the products of modern technologies is optical fibers, which are being used as a medium of data transmission instead of using coaxial or twisted pair cables. Optical fibers can carry a high volume of data and are easier to maintain and install. Use of communication satellites makes this telecommunications industry a booming industry. The use of mobile network has a crucial role behind the growth of an improved telecommunications industry. Leading companies are showing their interest to invest in this telecommunications industry. Telecommunications industry is going to be a digitized one. 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Market potentiality of world telecommunication industry The world telecommunications market is expected to rise at an 11 percent compound annual growth rate at the end of year 2010. The leading telecom companies like ATT, Vodafone, Verizon, SBC Communications, Bell South, Qwest Communications are trying to take the advantage of this growth. These companies are working on telecommunication fields like broadband technologies, EDGE(Enhanced Data rates for Global Evolution) technologies, LAN-WAN inter networking, optical networking, voice over Internet protocol, wireless data service etc. Top Global Telecom Players NAME ABOUT THE COMPANY SUBSCRIBERS in millions (09) REVENUE (in US billion$) China Mobile State owned Company, one of the 2 mobile phone monopolies in China Over 508 16.115 Vodafone Group Britains largest Telecom operator Over 427 68.32 Telefà ³nica, S.A. Multinational Company with stakes in Spain, Latin America Europa. Owns the O2 Brand Over 210 72.13 Amà ©rica Mà ³vil Mexican Operator. Controlled by the worlds richest man Carlos Slim Over 201 30.2 Telenor Group The company has a strong footprint in Central and Eastern Europe and Asia with over 40,000 employees. Over 172 15.73 Deutsche Telekom AG German telecom Company. Also owns t-mobile. Over 150 82.13 China Unicom China Unicom (BVI) Limited effectively holds 40.92% of the company and China Netcom Group (BVI) Limited holds 29.49%, while the remainder is traded on the Shanghai, Hong Kong and the New York stock exchanges. Both majority shareholders are state controlled enterprises. Over 186 14.62 TeliaSonera AB Offer services in 20 markets in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. Over 150 15.04 France Tà ©là ©com S.A. It is the main telecommunication company in France, the third largest in Europe. It currently employs about 180,000 people worldwide. Over 193 68.08 Bharti Airtel One of Asias leading integrated telecom services providers with operations in 19 countries across Asia and Africa. Zain is the new acquisition. Over 124 7.254 Mergers Acquisition Mergers and acquisitions (MA) and corporate restructuring are a big part of the corporate finance world. Every day, Wall Street investment bankers arrange MA transactions, which bring separate companies together to form larger ones. When theyre not creating big companies from smaller ones, corporate finance deals do the reverse and break up companies through spinoffs, carve-outs or tracking stocks. Not surprisingly, these actions often make the news. Deals can be worth hundreds of millions, or even billions, of dollars. They can dictate the fortunes of the companies involved for years to come. For a CEO, leading an MA can represent the highlight of a whole career. And it is no wonder we hear about so many of these transactions; they happen all the time. Next time you flip open the newspapers business section, odds are good that at least one headline will announce some kind of MA transaction. Sure, MA deals grab headlines, but what does this all mean to investors? To answer this quest ion, this tutorial discusses the forces that drive companies to buy or merge with others, or to split-off or sell parts of their own businesses. Once you know the different ways in which these deals are executed, youll have a better idea of whether you should cheer or weep when a company you own buys another company or is bought by one. You will also be aware of the tax consequences for companies and for investors. Defining MA One plus one makes three: this equation is the special alchemy of a merger or an acquisition. The key principle behind buying a company is to create shareholder value over and above that of the sum of the two companies. Two companies together are more valuable than two separate companies at least, thats the reasoning behind MA. This rationale is particularly alluring to companies when times are tough. Strong companies will act to buy other companies to create a more competitive, cost-efficient company. The companies will come together hoping to gain a greater market share or to achieve greater efficiency. Because of these potential benefits, target companies will often agree to be purchased when they know they cannot survive alone. Distinction between Mergers and Acquisitions Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things. When one company takes over another and clearly established itself as the new owner, the purchase is called an acquisition. From a legal point of view, the target company ceases to exist, the buyer swallows the business and the buyers stock continues to be traded. In the pure sense of the term, a merger happens when two firms, often of about the same size, agree to go forward as a single new company rather than remain separately owned and operated. This kind of action is more precisely referred to as a merger of equals. Both companies stocks are surrendered and new company stock is issued in its place. For example, both Daimler-Benz and Chrysler ceased to exist when the two firms merged, and a new company, DaimlerChrysler, was created. In practice, however, actual mergers of equals dont happen very often. Usually, one company wil l buy another and, as part of the deals terms, simply allow the acquired firm to proclaim that the action is a merger of equals, even if its technically an acquisition. Being bought out often carries negative connotations, therefore, by describing the deal as a merger, deal makers and top managers try to make the takeover more palatable. A purchase deal will also be called a merger when both CEOs agree that joining together is in the best interest of both of their companies. But when the deal is unfriendly that is, when the target company does not want to be purchased it is always regarded as an acquisition. Whether a purchase is considered a merger or an acquisition really depends on whether the purchase is friendly or hostile and how it is announced. In other words, the real difference lies in how the purchase is communicated to and received by the target companys board of directors, employees and shareholders. The Deal Start with an Offer When the CEO and top managers of a company decide that they want to do a merger or acquisition, they start with a tender offer. The process typically begins with the acquiring company carefully and discreetly buying up shares in the target company, or building a position. Once the acquiring company starts to purchase shares in the open market, it is restricted to buying 5% of the total outstanding shares before it must file with the SEC. In the filing, the company must formally declare how many shares it owns and whether it intends to buy the company or keep the shares purely as an investment. Working with financial advisors and investment bankers, the acquiring company will arrive at an overall price that its willing to pay for its target in cash, shares or both. The tender offer is then frequently advertised in the business press, stating the offer price and the deadline by which the shareholders in the target company must accept (or reject) it. The Targets Response Once the tender offer has been made, the target company can do one of several things: Accept the Terms of the Offer If the target firms top managers and shareholders are happy with the terms of the transaction, they will go ahead with the deal. Attempt to Negotiate The tender offer price may not be high enough for the target companys shareholders to accept, or the specific terms of the deal may not be attractive. In a merger, there may be much at stake for the management of the target their jobs, in particular. If theyre not satisfied with the terms laid out in the tender offer, the targets management may try to work out more agreeable terms that let them keep their jobs or, even better, send them off with a nice, big compensation package. Not surprisingly, highly sought-after target companies that are the object of several bidders will have greater latitude for negotiation. Furthermore, managers have more negotiating power if they can show that they are crucial to the mergers future success. Execute a Poison Pill or Some Other Hostile Takeover Defense- A poison pill scheme can be triggered by a target company when a hostile suitor acquires a predetermined percentage of company stock. To execute its defense, the target company grants all shareholders except the acquiring company options to buy additional stock at a dramatic discount. This dilutes the acquiring companys share and intercepts its control of the company. Find a White Knight As an alternative, the target companys management may seek out a friendlier potential acquiring company, or white knight. If a white knight is found, it will offer an equal or higher price for the shares than the hostile bidder. Mergers and acquisitions can face scrutiny from regulatory bodies. For example, if the two biggest long-distance companies in the U.S., ATT and Sprint, wanted to merge, the deal would require approval from the Federal Communications Commission (FCC). The FCC would probably regard a merger of the two giants as the creation of a monopoly or, at the very least, a threat to competition in the industry. Closing the Deal Finally, once the target company agrees to the tender offer and regulatory requirements are met, the merger deal will be executed by means of some transaction. In a merger in which one company buys another, the acquiring company will pay for the target companys shares with cash, stock or both. A cash-for-stock transaction is fairly straightforward: target company shareholders receive a cash payment for each share purchased. This transaction is treated as a taxable sale of the shares of the target company. If the transaction is made with stock instead of cash, then its not taxable. There is simply an exchange of share certificates. The desire to steer clear of the tax man explains why so many MA deals are carried out as stock-for-stock transactions. When a company is purchased with stock, new shares from the acquiring companys stock are issued directly to the target companys shareholders, or the new shares are sent to a broker who manages them for target company shareholders. The shar eholders of the target company are only taxed when they sell their new shares. When the deal is closed, investors usually receive a new stock in their portfolios the acquiring companys expanded stock. Sometimes investors will get new stock identifying a new corporate entity that is created by the MA deal. Why They Can Fail Its no secret that plenty of mergers dont work. Those who advocate mergers will argue that the merger will cut costs or boost revenues by more than enough to justify the price premium. It can sound so simple: just combine computer systems, merge a few departments, use sheer size to force down the price of supplies and the merged giant should be more profitable than its parts. In theory, 1+1 = 3 sounds great, but in practice, things can go awry. Historical trends show that roughly two thirds of big mergers will disappoint on their own terms, which means they will lose value on the stock market. The motivations that drive mergers can be flawed and efficiencies from economies of scale may prove elusive. In many cases, the problems associated with trying to make merged companies work are all too concrete. Flawed Intentions For starters, a booming stock market encourages mergers, which can spell trouble. Deals done with highly rated stock as currency are easy and cheap, but the strategic thinking behind them may be easy and cheap too. Also, mergers are often attempt to imitate: somebody else has done a big merger, which prompts other top executives to follow suit. A merger may often have more to do with glory-seeking than business strategy. The executive ego, which is boosted by buying the competition, is a major force in MA, especially when combined with the influences from the bankers, lawyers and other assorted advisers who can earn big fees from clients engaged in mergers. Most CEOs get to where they are because they want to be the biggest and the best, and many top executives get a big bonus for merger deals, no matter what happens to the share price later. On the other side of the coin, mergers can be driven by generalized fear. Globalization, the arrival of new technological developments or a fas t-changing economic landscape that makes the outlook uncertain are all factors that can create a strong incentive for defensive mergers. Sometimes the management team feels they have no choice and must acquire a rival before being acquired. The idea is that only big players will survive a more competitive world. The Obstacles to making it Work Coping with a merger can make top managers spread their time too thinly and neglect their core business, spelling doom. Too often, potential difficulties seem trivial to managers caught up in the thrill of the big deal. The chances for success are further hampered if the corporate cultures of the companies are very different. When a company is acquired, the decision is typically based on product or market synergies, but cultural differences are often ignored. Its a mistake to assume that personnel issues are easily overcome. For example, employees at a target company might be accustomed to easy access to top management, flexible work schedules or even a relaxed dress code. These aspects of a working environment may not seem significant, but if new management removes them, the result can be resentment and shrinking productivity. More insight into the failure of mergers is found in the highly acclaimed study from McKinsey, a global consultancy. The study concludes that companies often focus too intently on cutting costs following mergers, while revenues, and ultimately, profits, suffer. Merging companies can focus on integration and cost-cutting so much that they neglect day-to-day business, thereby prompting nervous customers to flee. This loss of revenue momentum is one reason so many mergers fail to create value for shareholders. But remember, not all mergers fail. Size and global reach can be advantageous, and strong managers can often squeeze greater efficiency out of badly run rivals. Nevertheless, the promises made by deal makers demand the careful scrutiny of investors. The success of mergers depends on how realistic the deal makers are and how well they can integrate two companies while maintaining day-to-day operations. Conclusion One size doesnt fit all. Many companies find that the best way to get ahead is to expand ownership boundaries through mergers and acquisitions. For others, separating the public ownership of a subsidiary or business segment offers more advantages. At least in theory, mergers create synergies and economies of scale, expanding operations and cutting costs. Investors can take comfort in the idea that a merger will deliver enhanced market power. By contrast, de-merged companies often enjoy improved operating performance thanks to redesigned management incentives. Additional capital can fund growth organically or through acquisition. Meanwhile, investors benefit from the improved information flow from de-merged companies. MA comes in all shapes and sizes, and investors need to consider the complex issues involved in MA. The most beneficial form of equity structure involves a complete analysis of the costs and benefits associated with the deals. Telecom Sector Overview INDIA Sub Base: 635.51 mn second largest market Wireless Penetration: 53.77% lowest in the world HHI Index: very high one of the most competitive market Prepaid Base: 96% one of the highest in the world Usage per sub per month: Minutes: 480 one of the highest ARPU: US$ 4.6 one of the lowest Rate per minute: US$ 0.01 one of the lowest in the world VAS:-11.6% One of the lowest Wireless Market Structure Subscriber Trends Customer Market Share (CMS) About Bharti Airtel BhartiAirtel, a leading mobile service provider in India is Bharti Enterprises flagship company. According to Forbes Global 2000 list, BhartiAirtel, Indias pioneering private telecommunication service provider is ranked no. 826. This integrated telecom service provider operates three strategic business units covering 23 telecommunication circles. These 3 strategic businesses are mobile business, enterprise business, and Airteltelemedia business. Their mobile business comprising fixed wireless and mobile services is spread over 23 telecom circles, whereas their Airteltelemedia business provides telephone and broadband services to clients in 94 cities. International and domestic long distance services and end to end telecommunication solution for companies are included in Airtel enterprise business. Brief history BhartiAirtel was established as Bharti Tele-Ventures Limited in 1985. This telecommunication company is a joint stock holding enterprise headquartered in New Delhi. BhartiAirtel, commonly called Airtel is among largest mobile service operator with a subscriber base of nearly 75 million. Airtel has a submarine cable landing station in Chennai connecting this South Indian city to Singapore. Products and services Services offered by BhartiAirtel can be classified into the following: Mobile services Based on number of customers BhartiAirtel is largest mobile service operator in India. This company offers mobile services based on GSM technology. For convenience of its customers BhartiAirtel has both pre- paid and post-paid facilities. Enterprise business BhartiAirtel provides integrated services comprising mobile, telephone, broadband, data and connectivity services internationally as well as nationally for small, medium and large scale enterprises. Its carrier service provides network connectivity through optic fiber over a distance of more than 35,000 km. BhartiAirtel is a member of South East Asia Middle East Western Europe 4 consortiums which include 15 global telecommunication service providers. AirtelTelemedia Services This Company offers high speed broadband services through landlines in 94 cities. Financials BhartiAirtel till March 2008 had assets worth US $6.61 billion. During period between April 2007 March 2008, it achieved sales amounting to US $6.61 billion and profits of US $0.94 billion. Awards and recognition BhartiAirtel was adjudged Best Carrier India at 2008 Telecom Asia. It was recognized as Best Cellular Service Provider and Best Broadband Service Provider at VD 100 awards for 2008. In 2007, BhartiAirtel won Business Leadership Award from NDTV Profit. BHARTI AIRTELS ROADMAP The management of BhartiAirtel Ltd is led by ManojKohli who planned to introduce affordability and high usage in its African portfolio which is currently a high price environment (with tariffs in some markets as high as Europe/US according to Bharti). Some of the key points about replicating Indian Wireless business model in Africa that are in favor of Airtel are, Bhartis 15-country portfolio has a population is 459m as of June 2010. Share of population living in urban areas in Africa is ~40% according to Bharti and expected to grow to 40%. This compares to 30% of Indias population living in urban areas. The youth population in Africa accounts for a fourth of the global youth and had a median age of 17-18 years. The working population is estimated to be higher than that in China and the middle class is 400m people, expected to growth to 500m. GDP growth in 27 economies in Africa is 5%+. BhartiAirtel stressed that governments had received Bharti well in Africa and that some officials stated that Bhartis plans are in-line with their own. Current Wireless penetration adjusting for Multiple SIMs is around 24%. Operators have 20MHz of 2G spectrum and 10MHz of 3G (those who do) which Bharti stated implies little room for more competitors. COMPANIES OF BHARTI ENTERPRISES BhartiAirtel: BhartiAirtel is Indias leading provider of telecommunications services. The company provides GSM mobile services across India in 23 telecom circles and broadband telephone services in 90 cities. Bharti Teletech Ltd.: Bharti TeleTech manufactures and exports world-class telecom equipment under the brand Beetel. It is the only Indian telephone company to be present in 30 countries mapping 5 continents. The companys product range include Basic Telephones, Caller ID Phones, Caller ID Boxes, Cordless Phones, 2.4 GHz Digital Cordless Phones, DECT 1.8 GHz Phones, and Set Top Boxes. Telecom Seychelles Ltd: Telecom Seychelles Ltd provides comprehensive telecom services including GSM Cellular, PSTN (Fixed Lines), Fax and Data, International Roaming, connectivity to Internet Services, Maritime Telecom Services (INMARSAT) and International Collect and Credit Card calling, in Seychelles, under the brand Airtel. BhartiTelesoft Ltd: BhartiTelesoft Ltd provides value added services and solutions to wireless and wireline carriers worldwide. BhartiTelesoft Ltd ha deployed products and solutions in 25 countries to over 100 network, and has a customer base of 150 million across 5 continents. TeleTech Services (India) Ltd: TeleTech Services (India) Ltd is a joint venture between TeleTech Holdings, Inc., worlds leading full-service provider of business process outsourcing and Bharti TeleTech Ltd. The company offers offer the entire spectrum of front-to-back-office business processes ranging from voice and non-voice customer support, back office administration (including credit and collections, account maintenance, application processing, claims processing, asset management, document management etc.), sales and marketing (including database marketing, marketing support, web sales and marketing etc.) to global customers. FieldFresh Foods Pvt Ltd: FieldFresh Foods (P) Ltd is an equal partnership venture between Bharti Enterprises and ELRo Holdings India Ltd, an investment company of the Rothschild family. The company provides premium quality fresh produce to the markets worldwide and promotes world class standards for agricultural practices, progressive farming techniques identification and adoption of appropriate technologies. Bharti Retail Pvt Ltd: Bharti Retail Pvt Ltd. is a 100% subsidiary of Bharti Enterprises. Bharti Retail is planning to launch its retail outlets in multiple consumer friendly formats in several cities across India African Telecom Sector It is one of the best penetrating opportunities for the global telecom players is the telecom market in Africa. In Asia, Europe, North America, the telecom sector is approaching a saturation point. The growth in these areas will be comparatively slower. The companies always look for the maximization of profit, whether it may be through cutting down of cost or increasing the sales. If the market reaches a saturation point then there is no opportunity to increase the sale. And if the company cannot decrease the cost then it will try either to diversify or to expand its grip in the global market. If the areas like North America, Asia and Europe are already in a saturation point then the next growing market for the global player will be Africa continent. Some of the major players in the telecom sectors of Africa are MTN, Zain, Vodacom, STC etc. Since the processes of liberalization and privatization have been taken into consideration by African countries such as Uganda, Tanzania, Nigeria, The Sudan, South Africa and Kenya, their telecommunication infrastructures have improved drastically. Many African governments have developed their telecommunication infrastructure by privatizing their former state-owned enterprises. So these open up the stage for global players to perform in it. Africa has become the fastest growing mobile-network market during last five years. The mobile user base has increased to more than 82 million in Africa. A survey by Ernst Young shows that between 2002-07, the industry grew by 49.3 percent as opposed to Asia which recorded a 27.4 percent growth. This reports estimate growth of the industry almost doubles that of Brazil which stood at 28 percent in the same period and is almost seven times the growth of France which grew at 7.5 percent over the same time. Even there was a report by The World Bank in which it mentioned that Afro-nations like Kenya have 95% of mobile network penetration and coverage gap of only 5%. Thus making it an attractive market to lure some of the major player from the world. Lets think a bit over this scenario. Why the Afro mobile market is developing so late and faster than any area that used to be at the same period of time. In 2004, only 6% of the African citizen owned mobile. The supply side was much higher than the demand side. And the prices dropped, but made the African mobile network market a huge potential market for the global players. They produced low cost and user-friendly phones and network plans to attract more and more customer so that the company can increase its customer base. But there some other criteria or which we also call as external environment of a company which affects a company to operate in that area. The Law of Land also affects the company to design its operation in a country. They may be the tax-policy, the FDI policy of the government, the policy regarding and regulating the telecom sectors etc. Because of these regulations, there are many Afro-nations like South Africa which hold a huge potential market. In South Africa, there are only three players in telecom network market. The heavy tax burden on both the operator and consumer is the major challenge for the industry, with an average taxation on the operators profits standing at 30%. For example, in Kenya, people pay tax of 26% on mobile communication and the operator pay the remaining 4%. The total tax paid is 30%. But still the government of these nations opines that the industry is highly profitable, despite of the fact that return on investment could be delayed due to poor infrastructure. The Afro-nation doesnt have the apt infrastructure or the geographical hindrances as well as the population is scattered. The main problem lies with the electric infrastructure. The company has to keep more than 2000 standby generators because of frequent power failure. On of the company operating in Kenya, Safaricom spends over KShs 171 million on diesels due to lack of power supply. This makes the cost of investment much high in comparison to the other area. The operating cost of the company is high in this area because of frequent power cut and even the tax rate is also high, thus bringing down the profit of the company. But it may be the future scenario of these countries which lures the global players. The company may sustain the loss in the short-run but it may earn profit in the long-run. Because the economy of Afro-nations are growing at a remarkable rate and the infrastructure are also gradually increasing. So it may in the long-run be aptly developed so as to favor the network industry. Moreover this is the entry level of the network sector in Africa as it is developing but once it get saturated the threat to entrants decreases because if they enter in to the segment, they will not find any extras to lure the customers. African Wireless Market Customer base: 36.36 Mn Perfomance Indicators: Revenue: 9,583 Mn EBITDA: 2,635 Mn Prepaid Base: 99.3% à ¯Ã†â€™Ã‚  one of the highest in the world Usage per sub per month: 103 Minutes à ¯Ã†â€™Ã‚  one of the lowest ARPU: ~US$ 7.4 à ¯Ã†â€™Ã‚  one of the competitive market Rate per minute: ~US ¢ 7.2 à ¯Ã†â€™Ã‚  one of the highest in the world VAS: ~7.9% à ¯Ã†â€™Ã‚  one of the lowest Emerging Market Characteristics in India Africa: Source: Airtel Investor Presentation Aug 2010 About Zain Zain is a Kuwait based company started under the name of Mobile Telecommunication Company (MTC) in 1983 and was later rebranded to ZAIN in 2007. Zain has present operation in 25 countries covering 17 countries in Africa and 8 countries in Middle-East, with a estimated workforce of 15000. As on February 2010, about 60% of the Zain customers are in Africa contributing only 15% to the net profit of Zain. Zain has a total of 65 million customers. Out of which 39 million customers are from Africa. The eight countries in Middle-East where Zain has it Operation are Bahrain, Iraq, Jordan, Kuwait, Saudi Arab, Lebanon, Palestine and Sudan, It has its operation in Lebanon under the brand name of MTC TOUCH. The seventeen countries which comprises of the members of the Zains Operative family in Africa are Burkina Faso, Chad, Democratic Republic of Congo, Republic of Congo, Gabon, Ghana, Kenya, Madagascar, Malawi, Niger, Nigeria, Sierra Leona, Tanzania, Uganda, Zambia and Morocco. Mr. Nabeel Bin S alamah is the CEO of the Zain Groups and Mr. Barak Al-Sabeeh is the chairman of the board of Director of the company. FINANCIAL FIGURES OF ZAIN Revenue : US$ 7.441 Billion Net Income :US$ 1.196 Billion Overview 4th largest mobile operator in the world in terms of geographic footprint, with a commercial presence in 23 countries 580 Million+ people under l

Jonathan Livingston Seagull Essay

â€Å"Never try to be better than anyone else†¦but always try to be the best you can be. The gulls who scorn perfection for the sake of travel go nowhere slowly. Those who put aside travel for the sake of perfection go anywhere instantly. † Elder gull Chiang to Jonathan Livingston Seagull on the need to be our best. And he is a seagull, so it must be true. (Bach, 1970) â€Å"Seagulls, as you know, never falter, never stall. To stall in the air is for them disgrace and it is dishonor. † (Bach, 1970). Similarly policemen should not never shirk their duties and never fail to uphold their code of honor because in doing so they dishonor, not only themselves but also the whole police department. â€Å"†¦ for his reckless irresponsibility† the solemn voice intoned, â€Å"violating the dignity and tradition of the Gull Family†¦ † (Bach, 1970) A policeman must never indulge in irresponsible and reckless behavior as it violates the integrity and honor of the whole police department. â€Å"Life is the unknown and the unknowable, except that we are put into this world to eat, to stay alive as long as we possibly can. † (Bach, 1970) Life in the criminal world is also unknown as a policeman can never know for sure what crime he might have to go prevent or remedy. He is put in place to protect his fellow human beings and that alone is his purpose. in doing that he must put his life at stake, even though he may have a family back home. Duty comes above all. However, if he sees any discrepancy in the department he is working for, he should honor the code of humanity and stand up against it. He must not be afraid to take risks for the betterment of his department and for the protection of the people. For the general good he must take a stand against injustice, just the way Jonathan Livingston Seagull did. He must not follow the discrimination practiced by the flock’s but instead be open to new and innovative ideas to fight crime. Much of the popularity of Richard Bach’s Jonathan Livingston Seagull in the early 1970s surely lay in the spiritualization of sheer technique, as the gull, training for faster, more perfect flight, transcended his physical limits and became immortal. On a more banal plane there is some parallel in the distinctively American use of terms like â€Å"goals† and â€Å"personal objectives. † â€Å"I have set new goals for myself† often refers to quite material and short-run plans, but it has the headiness of moral purpose. Here, as in the presidential rhetoric, ideas of vigor and effectiveness are strongly bound up with motion: the achieving individual, like the nation, needs a shining locomotive to pull himself on. Bach’s book is a kind of fable and the highest-ranking American work of fiction on the list, is anything but a violent suspense. Exiled from his flock for daring to fly for the joy of it, rather than following the dignified Gull family tradition, Jonathan discovers that his purpose in life is to help others find perfection. Nativistic returns to nature and the â€Å"greening of America† phenomenon lured the cultured to an asylum outside the culture. The dead weight of technology was dragging spirits that sought to soar into more elevated and ethereal zones. Reductionist theories of human nature harnessed to behavioral-analysis techniques sapped what little life remained in that generation which had suffered the loss of â€Å"autonomous self. † The search for transcendence drove that generation to seek a god within, and the â€Å"Jonathan Livingston Seagull sub society† was born. (Watson, 1983) The book is the real essence of the spirit of internal motivation. The human spirit, like Jonathan Livingston Seagull, can soar. The inspiring story of the courage and persistence of a seagull can be translated into real life. Suppose Jonathan Livingston Seagull smartly runs a pattern of the following shape: ‘Duties of beneficence are not owed to all persons equally, but only to those near and dear. ‘ In answer to the first objection, it matters not at all that Jonathan is an Italian seagull: we will do better to interpret these marks with English semantics. (This is, after all, pretty lousy Italian. ) In answer to the second objection, we might better figure out to whom we owe duties of beneficence if we respect the normal English meaning of words like ‘near’ and ‘dear’ than if we try to reason our duties out ab initio. Now why might this be true? The answer is that, for many people, moral insight is more easily achieved if they reason under the guise of interpreting an authoritative text than if they reason with Sartrean self-awareness that everything is up for grabs at once. This is taken to explain the staying-power of the world’s popular religions. Despite their bizarre metaphysics, these religions give their believers authoritative moral texts the interpretation of which yields greater moral insight than believers are likely to achieve on their own. References Bach Richard. (1970) Jonathan Livingston Seagull. New York: Macmillan Co. Watson, Christine. (1983). â€Å"Jonathan Livingston Seagull. † In Survey of Modern Fantasy Literature, vol. 2. Edited by Frank N. Magill. Englewood Cliffs, NJ: Salem Press, pp. 808–810.

Plot and Precis of the Lumber Room Essay

The text under analysis â€Å"The Lumber-room† written by Hector Munro is the problem psychological story which revolves around a little orphan Nicholas and his tyrannical and dull-witted aunt, who because of the cruel methods of education couldn’t not only find approach to children, but also understand their soul. The conflict between the aunt and the nephew as if the conflict between prose and poetry. But softness, purity and tenderness of soul of the boy could resist to staleness, misunderstanding and callousness of his aunt. The story is narrated in the 3rd person. This allows the reader to access the situation and the characters in an objective manner, because the characters are having both positive and negative viewpoints. The third person point of view is impersonal which fits the impersonal atmosphere of the household. In this text the author colorfully describes interesting childhood of the little boy whose name is Nicholas. The story begins with the exposition when the author describes one morning, when at breakfast Nicolas make a joke as a result of which he is punished. So his cousins are to be taken to Jagborough sands that afternoon and he stays at home. Nicholas’s aunt goes to work in the garden and commands him to stay out of the gooseberry garden. The Aunt is absolutely sure that the boy is determined to get into the gooseberry garden because she has told him he is not to. But despite her punishment Nicolas decides to gain his objective, and from this very moment the complication takes place. Nicholas takes the key from a shelf in the library and sneaks into the lumber room, where he is never allowed to go. He has lots of fun in the lumber room. The lumber-room is described as a storehouse of unimagined treasure. He sees lots of beautiful and strange objects, such as old ornaments, tapestries, and a teapot shaped like a duck. He finds a large square book full of colored pictures of birds. And such birds! They allow Nicholas to learn in a fun and exciting way. The conflict in the story gradually grows and flows into the climax of the text. While he is looking at a picture of a duck, the voice of his aunt came from the gooseberry garden. Nicholas finds that she has fallen into a tank of water, and refuses to help her out on the grounds that she is an alien-impostor. You may be the Evil One tempting me to be disobedient. Justice must be done. The Aunt tasted the fruit of her own punishment on the children and feels what it is like to be condemned. The denouncement reveals the author’s social comment about the differences between the world of the child and adult. Though the Aunt is furious, Nicholas is happy because he is thinking of a tapestry depicting hounds and a stag. And for all life he remembered those amazing things from the lumber-room. The plot of the story seems to me not complicated, even in spite of the fact that many events are crossed with each other. It is ordered chronologically, each episode is given with more and more emphasis. The story is full of colorful descriptions and deep feelings which the reader experiences while reading the text. To sum up, the author’s style is remarkable for its powerful sweep, brilliant illustrations and deep psychological analysis. The story reveals the author’s great knowledge of man’s inner world. He penetrates into the subtlest windings of the child heart. Character The major character of this psychological story, represented as the protagonist is an extraordinary boy Nicholas, who being an orphan is forced to live with his cousins and imperious aunt in the family which in appearance is noble and well-to-do, but as a matter of fact, the family, which frankly speaking lives much to be desired. So from the very beginning a little boy, established the reputation of an incorrigible naughty, frolicsome and absolutely disobedient child, appears in our sight. And the role of his opponent plays the antagonist, a flat character without tendency to develop, in this case, a very proud and oppressive woman, who being Nicholas’s aunt and the guardian at the same time, prevails over the boy, hankering only for one thing, namely for a total control. And suddenly we see Nicholas, the pool boy, being at the mercy of his aunt in another light. Without her tations we can say that Nicholas is a round, multidimensional character, containing a number of qualities and traits, appearing through an indirect method of characterization, so skillfully used by the Author. Into position of a lively prankster, playing practical jokes, which are nothing more, than innocent childish escapades in an attempt to have just an air of independence and fun, comes a resourceful boy with quick imagination, struggling against the great dullness and outrageous injustice. And even in very tense and hopeless situations Nicholas, having a sense of adventure and inexhaustible desire for breaking loose from wearisome reality, shows his genuine originality, proving in my opinion one of the most fantastic and fabulous ability for taking cover in our own imagination in cases, when you really free out of a place and there’s nothing to be done. We remember, that we’re obviously impressed by this clever boy, manages to evade a watchful eye of his aunt, who being a woman of impatience, great indignation and going beset only from the thought of disobedience, punishes him. To be more precise, Nicholas having no fear about resisting such a dictatorial woman, never having a nay with children and constantly being of fine with dissatisfaction, breaks her just another ridiculous prohibition and proving a little bit of sophistication finds himself in a forbidden, but so alluring room, serving for stoning milliard of ancient things, which are most likely meant for an investigative child’s mind than for everlasting vegetation in trour right for life. And exactly this truly gorgeous place bares candidly the boy’s immeasurable soul.