Financial Regulatory Bodies an Example by

Financial Regulatory Bodies Firstly, let me discuss the functions of intermediaries. Intermediaries helped in the business of Pepsi Cola and Pepsi Cola. The will help reduce cost of doing business and they will also increase revenues of said companies. This observation is confirmed by. Allen, G. (1999) in discussing Place when the author said, Costs are associated with an exchange and can be reduced by reducing the number of transactions (exchanges). Marketing intermediaries increase efficiency in making products available to target markets. Through contacts, experience, specialization, and scale of operation, intermediaries usually offer the organization more than it can achieve on its own. Need essay sample on "Financial Regulatory Bodies" topic? We will write a custom essay sample specifically for you Proceed In addition there other functions performed by said intermediaries. Thus, Allen, G. (1999) continued saying, Intermediaries smooth the flows of products to buyers by performing the key functions of informing, promoting, and physical possession (including negotiation, title, payment, risk taking and financing). A producer will use an intermediary when it believes that the intermediary can perform the function(s) more economically and efficiently than it can. The information function involves gathering and distributing marketing research and intelligence about the environment for planning purposes. Scanner technology provides a great amount of information. The promotion function involves developing and spreading persuasive communications about an offer. The physical possession function consists of the transporting and storing of products. This activity involves the negotiations for reaching an agreement on price and other terms. The title is the actual transfer of ownership from one or ganization or person to another. The payment involves buyers paying their bills. The risk taking function assumes the risk of carrying the product and receiving payment. The financing function involves acquiring and using funds to cover costs. Now let me discuss the function of financial regulatory bodies within the companies. Financial regulatory bodies are of course not intermediaries. Instead they regulate the business of the companies; they are usually government agencies like the US Securities and Exchange Commission. To regulate means to have the companies need to comply with certain government rules for the legal and normal functioning of the companies. One best example of a regulatory function is the prohibition for companies to connive for purposes of monopoly. Monopoly is an economic situation where the only one company controls the industry and there prices could also be controlled and thereby prohibiting competition among companies. As an example, Preliminary Country Paper Uganda (2005) quoted the following, According to unconfirmed reports, the two biggest soft drink producers, franchises of big international companies Pepsi Cola and Coca-Cola, are alleged to have bought into the leading water bottling companies. According to the reports, Pepsi bought into NC Beverages, bottlers of Highland brand mineral water and Rwenzori Beverages Companies makers of Rwenzori Brand is alleged to have gone to Coca Cola. However, the two companies deny the allegations. Instead the companies state that they have joint distribution arrangements. Products from the water and soft drinks companies are routinely jointly distributed to retail outlets. One could observe that the two companies are possible connivance for monopoly; they instead prefer to call it joint distribution arrangements. The financial regulator could come in to declare nullity of such arrangement if disadvantageous to the economy. References: Allen, Gemmy (1999), Place, Accessed October 3, 2006 Preliminary Country Paper Uganda (2005), Capacity Building on Competition Policy in select Countries of Eastern and Southern Africa, Accessed October 3,2006

Free Essays on Picture In A Painting

What’s in a picture? An expression of one’s self can sometimes can be the ambiguity of life. It’s a symbol of expression that can be found in the deepest corners of our affection to someone we dearly love. This is what I feel when sometimes, the joys of life is the unknown. Like a painting waiting to be finished, you can never tell to see yourself whole unless you know that your time has ended. My love to someone can be a joy. Painting yourself to that picture in the never-ending vagueness of life. Pictures and paintings are two different worlds. Pictures are instant. You can never enjoy the time of looking your loved one in the infinity of time. Paintings are more intimate. Every stroke of the brush is a stroke of your inspiration. Your world now seems to be unimportant every time you held your brush into your hand. Enjoying the time you see the eyes of the women you most dearly long for. The picture of her can be as clear as the moment. Suddenly, all can be blurry as the painting. Memories hold wonderful moments, but can also make you grief in the moment in your Mellon collie life. This is all that I had left. Just the blurry images of herself. I kept those memories, constantly painting to make it clear. My mind sometimes bring me into a new world. It is as if, I was carried to a place that I was hoping to see. A place where I could see her more clearly in the dimension of reality. A painting as clear as certainty. But of course, imagination always plays with me. Never grasping the truth of the great unknown towards my life to quest. The task may be arduous. But I know somewhere in the perpetuity, I know that I might find and see the end of the eternal mystery. Waiting to frame the picture in a painting.... Free Essays on Picture In A Painting Free Essays on Picture In A Painting What’s in a picture? An expression of one’s self can sometimes can be the ambiguity of life. It’s a symbol of expression that can be found in the deepest corners of our affection to someone we dearly love. This is what I feel when sometimes, the joys of life is the unknown. Like a painting waiting to be finished, you can never tell to see yourself whole unless you know that your time has ended. My love to someone can be a joy. Painting yourself to that picture in the never-ending vagueness of life. Pictures and paintings are two different worlds. Pictures are instant. You can never enjoy the time of looking your loved one in the infinity of time. Paintings are more intimate. Every stroke of the brush is a stroke of your inspiration. Your world now seems to be unimportant every time you held your brush into your hand. Enjoying the time you see the eyes of the women you most dearly long for. The picture of her can be as clear as the moment. Suddenly, all can be blurry as the painting. Memories hold wonderful moments, but can also make you grief in the moment in your Mellon collie life. This is all that I had left. Just the blurry images of herself. I kept those memories, constantly painting to make it clear. My mind sometimes bring me into a new world. It is as if, I was carried to a place that I was hoping to see. A place where I could see her more clearly in the dimension of reality. A painting as clear as certainty. But of course, imagination always plays with me. Never grasping the truth of the great unknown towards my life to quest. The task may be arduous. But I know somewhere in the perpetuity, I know that I might find and see the end of the eternal mystery. Waiting to frame the picture in a painting....

Future of Electronic Commerce Technology Essay Example | Topics and Well Written Essays - 1000 words

Future of Electronic Commerce Technology - Essay Example It allows manufacturers to buy at a low cost worldwide, and it offers enterprises the chance to sell at a global market right from the start. The major change it has gone through since the past 5 years is the growing market opportunity it has provided to the developing countries. E-commerce has helped them enter the prosperous global market place, and so it has helped reduce the gap between rich and poor countries. In the upcoming era the B2B e-commerce would create new and better job opportunities and placements and would be expected to grow at double the rate it is growing today. B2C (Business to Consumer) e-commerce, despite of all the benefits of new technology along with a lot of media attention, is still in its early stages. The reason behind the slow growth of B2C e-commerce is those threats and vulnerabilities that lead to critical security measures in this respect and are creating new risks and hypes for consumers as well as retailers. There is a need to secure online services along with the factor of "availability" as most shoppers prefer to travel umpteen distances rather than to do discounted shopping online, just because of the threat of security issues like hacking, stealing or losing their credit card numbers. This means there is a desperate need to update the security measures of e-commerce and if the issue resolves to some extent, there would be a drastic change in the slow performance of B2C e-commerce in the next 5-10 years. In this respect the upcoming technology would focus more on the client side security than on ordinary security measures. The information would be more protected and secured between the customer's system and the server, which would be seen as an outcome in the form of enhanced retailing and wholesaling. The security issues would be resolved and the threat to hack would be minimized resulting in the benefits of new technology not limited to only e-commerce companies. Consumers would also be empowered with the ability to counter many of the current micro-marketing tools. If the success of online dynamic pricing rests on the asymmetry of information between consumers and retailers, new technology may hold the promise of "blowing" such asymmetries to "bits" (Philip & Thomas, 2000). The explosion of shopping comparison Web sites and the prevalence of "shopping bots" used by consumers to track competitive prices are just two examples of how technology can be used by consumers to combat the potentially exploitive practices of dynamic pricing. (Jason, 2000) The Internet has already revolutionized the world of Investment and finance. E-commerce has enabled online stock trading to be done online by just logging on to the website and making a few key strokes along with few clicks of mouse to identify the stock and number of shares involved in the transaction, one can buy and sell securities in seconds. Several trading platforms has been built in order to revolutionize the concept of stocks and trading, e-commerce has enabled a common man to engage in any type of online business which in the other case had not been possible. However the major issue to be considered behind the spectrum of online trading is

Managerial Finance (topic in instruction) Essay Example | Topics and Well Written Essays - 750 words

Managerial Finance (topic in instruction) - Essay Example Examples here include venture capital businesses that require consistent capital. However, the investors are allowed to limit their liability due to the massive outlay of capital and investments in the company’s operations. Another example that benefits from limited liability partnership are firms employing and owned by attorneys and accountants that offer professional services (Steingold & Bray, 2001).. A good example is the McGladrey & Pullen Limited Liability Partnership, a mega accounting firm in the United States. Evidently, a 1% investment acquired by partners in the company accrues a liability that limits their exposure to their personal amounts invested. 2. When does insider trading occur? What government agency is responsible for protecting against the unethical practice of insider trading? Explain by giving examples. Insider trading occurs when an individual in a company or associated with an employee of a company accesses pertinent information, and illegally uses it to purchase or sell stock (Macey, 1991). Evidently, such information is used by the individual to gain unfair advantage in the trading of stocks compared to the general public. Example of an insider trading is in reference to the case of Rajat Gupta, a prominent New York based businessman. Evidently, he is accused of acquiring insider from a board meeting of Goldman Sachs. The information revealed that Warren Buffet was planning to make a huge investment that would in effect raise the stock pricing of the firm. Consequently, Rajat Gupta collaborated with Raj Rajaratnam, a hedge fund manager and to purchase stocks from Goldman Sachs when the price was still down. To this end, the government agency in the United States charged with protecting against insider trading is the Securities and Exchange Commission. Its mission is to protect investors, ensure orderly, fair, efficient markets and oversee capital formation. Evidently, the Securities and Exchange Commission enforces the law aga inst insider trading through its division of enforcement. The enforcement division commences investigations against insider trading plus a host of other unethical issues. These include investigations against theft of customer securities or funds, manipulation of securities market prices, sale of unregistered securities, omission or misrepresentation of pertinent information concerning securities. An example of a successful conviction by the SEC in insider trading relates to the case of Rajat Gupta and his collaborator Raj Ratnaman, the hedge fund manager. Evidently, Rajaratnam was investigated by the SEC and found guilty of insider trading. 3. Explain how the tax code allows depreciation to contribute to cash flow. An innate understanding of the tax deductions of businesses offers an appealing opportunity for business proprietors to enjoy individual benefits from business expenditures. To this end, the tax code provides an opportunity for gross income deductions that minimize income taxes. Moreover, the increase of tax deductions minimizes income taxes and taxable income. Consequently, an understanding of how to maximize the deductible expenses of a business enables the proprietor to lower the taxes. Evidently, the tax code allows for tax deduction on expense depreciation. Consequently, it results to tax shield or tax saving that increases the operational cash flow by default. However, this action is based on the premise that a taxable income is present. In effect, if taxable income was not

Rebranding to Queens Museum of Art Essay Example | Topics and Well Written Essays - 1500 words

Rebranding to Queens Museum of Art - Essay Example The paper tells that despite housing the current Queens Museum, the New York City Building has served numerous purposes including housing the first United Nations General Assembly headquarter between 1946 and 1950. Afterwards, the building was remodeled for reasons of accommodating the New York City Pavilion at a different World’s Fair. For most New Yorkers, the southern half of the New York building has great memories as it was the place they took their first skating lessons like I and most of my friends did. Since 1952, the southern half occupied an ice-skating rink that has served generation after generation. For the Queens Museum of Arts, the foundation year was 1972 and the museum has been occupying the Northern half of the New York City building. The museum’s growth is mostly attributed to the World’s Fair attractions and proudly incorporates the original fair exhibits. From the 1964’s Fair, the four prominent and still standing attractions to the Mu seum are gigantic steel sphere, towers seemingly capped with flying saucers and two rocket ships. According to Harpaz, each of the landmarks has a meaning. For the two rocket ships, they represent an era during which NASA had the great quest for space exploration and have man landing on the moon’s surface. These rocket ships are found outside the New York Hall of Science in Queens. The steel sphere of the globe or the Unisphere is a globe made from steel and comprising 12-stories. The Unisphere is located in Flushing Meadow’s Park outside the museum. The towers seemingly topped with flying saucers form the New York State Pavilion. Founded by Phillip Johnson, the Pavilion was established to embody the world’s hope for the future as well as for New York State to be a cultural and Technological Center. In 1964-1965, The United States of America was anticipating having a man land on the moon but these ambitions tampered news like an assassination of President John F Kennedy, Vietnam Casualties, and turbulent civil rights clashes. This monumental concrete structure comprised of a theatre, 100-foot high open-air egg-shaped ring, and three surveillance towers.

Challenges to Project Management in Construction

Challenges to Project Management in Construction By Aivaras Symanas Introduction This work uses Dreadnought project as a vehicle for discussion for challenges and of project management in construction as well as examining risk management strategy, particularly focusing upon the issues that arise from . Challenges to Construction Project Management The complexity of clients demands, together with the increasing complexity of the construction industry, particularly as a result of technological developments, has over the years resulted in specialisation within the industry. Variety of professions have developed as separate skills (e.g. Architecture, Quantity Surveying, ME Engineering etc.) and even on a small project all of those skills are involved. The key to the management of construction projects is therefore the way in which the contributors are organised so that their skills are used in the right manner and at the right time for the maximum benefit to the client. There is little point in the construction industry developing its skills if they are not then implemented effectively.(Walker, 2002) Scenario issues In addition to the professions already mentioned, every construction project involves many of the following additional stakeholders: Multiple regulatory bodies, local residents, statutory undertakers, end users etc. Internal and external stakeholders would be involved in different stages of the project. Early and comprehensive stakeholder identification and analysis, together with regular monitoring and updating, is necessary in order to deal successfully with all stakeholders and defuse many possible project obstacles. (Guerin, 2012) Successful Construction Project Management A project may be considered as successful if the building is delivered at the right time, at the appropriate price and quality standards, and delivers the client with a high level of satisfaction. (Naoum Langford, 1989). Effective project management seeks to make sure that these objectives are achieved, but nonetheless, completing large construction projects on time and on budget depends on a high degree of synchronization among many stakeholders which requires the entire team to work in collaboration. The need for collaboration arise and are depended on level of uncertainty, interdependence and complexity of the project. Issues with construction industry and its link with collaboration was recognized in the Latham Report (Constructing the Team) in 1994, and again reinforced by the Egan Report in 1998 (Rethinking Construction)(Gardiner, 2014) .It is fair to say, that collaboration is even more needed in todays industry with its complex chain of supply and introduction of specialist subcontractors and supplier design. Effective collaboration is one of the tools to ensure that stakeholders can accomplish the complex sequence of interconnected tasks on time. Tools to achieve collaboration http://www.constructionbusinessowner.com/topics/strategy/construction-company-management/key-successful-construction-project-management Decision making Iron Triangle As mentioned earlier, time cost and quality, also known as iron triangle, is often associated with project success, finding a perfect balance between them, or identifying the priorities of key elements could play a big role of project management. Lawrence Miles developed methodology called value engineering which is used to solve problems and identify and eliminate unwanted costs, while improving function and quality. In construction this involves considering the availability of materials , construction methods , transportation issues, site limitations or restrictions, planning and organisation, costs, profits and so on. https://www.designingbuildings.co.uk/wiki/Value_engineering_in_building_design_and_construction Knowledge Dreadnought project involves major refurbishment works, as well as replacement of existing services. According to (Koehn Tower, 1982) refurbishment work demands even greater supervision than new build work, given the increase in labour, together with a corresponding increase in fragmented specialized work and the difficulties associated with unforeseen challenges such as asbestos findings in demolition stage. The high level of uncertainty in refurbishment projects tends to lead to project over-run. The ability of project manager to cope with unexpected change and/or conflicts are necessary as well as knowledge associated with the analysis of project risks. (Smyth Pryke, 2008) Provision of a Risk Management Strategy Risk Management is a particular form of decision making within project management, these decisions are made against a predetermined set of objectives, rules or priorities based upon knowledge, data and information relevant to the issue. (J.Smith, et al., 2009). Nevertheless, it is not possible to have all relevant information on time, or conditions of total certainty and in some cases decisions are ill-founded, not based on a logical assessment of project specific criteria and lead to difficulties later. (J.Smith, et al., 2009). Dreadnought project was intended to be open by 2016, but due.kas nutiko ? the main contractor was liquidated. In construction projects each of the three primary targets of iron triangle will be likely to be subject to risk and uncertainty. It follows that a realistic estimate is one which makes appropriate allowances for all those risk and uncertainties which can be anticipated from experience and foresight. Project managers should undertake or propose actions which eliminate the risks they occur, or reduce the effects of risk or uncertainty and make provision for them if they occur when this is possible and cost effective. (J.Smith, et al., 2009). Most commonly, the Client has an overall risk management strategy and policy included in the strategic documents and quality management systems. Main issues concerning project owner risk strategy are risk ownership (which party owns the risk; risk exposure and transfer) and risk financing (how to include and use budget risk allowance or contingency). Project planning methods should be utilized to communicate to all parties in a project, to identify sequences of activities and to draw attention to potential problem areas. The successful realization of a project will depend greatly on careful planning and continuous monitoring and updating. Sequences of activities will be defined and linked on a timescale to ensure that priorities are identified and that efficient use is made of expensive and/or scarce resources. The purpose of planning are therefore to persuade people to perform tasks before they delay the operations of other groups pf people, and in such a sequence that the best use is made of available resources and to provide a framework for decision making in the event of change. Project management information systems (PMISs) should forecast the outcome of a project in terms related to achievement of its objectives. Integrated cost models link time with money. They provide project managers with forecasts to completion in terms of cost, time resource usage and cash flow. Decision about future actions can be made with the best available forecasts in these terms. Cost models also help to overcome an implementation gap between monitoring systems and the managers action. Risk management software (RMS) is the term used to denote a specialist software, which can be used to apply on of the many risk assessment methodologies (e.g. Origami, Procore) It is well known fact that managing risk has two major objectives; to avoid the downside risks and to exploit opportunities. And very often, the latter has been neglected, as the former has much more to do with securing your project objectives, which for many organizations is priority. But on the hand, the major leaps in project cost and time reduction are results of innovative thinking with focus on exploring opportunities by challenging the risks. The trend today is to establish ambitious goals, to seek for new technological solutions and concepts and to look for effective ways of organizing and managing projects (J.Smith, et al., 2009) To achieve these aims it is suggested that a systematic approach is followed: to identify the risk sources, to quantify their effects, to develop management responses to risk and finally to provide for residual risk in the projects estimates. These four stages comprise the core of the process of risk management. Risk Management can be one of the most creative task of project management. (J.Smith, et al., 2009) Contingency Conclusion Conclude recommend there are specific parts to the question, however, there may be a variety of options, it is useful to appraise these before you conclude; the conclusion should re-iterate, this may be subjective, if a balanced view is stated, this cannot be wrong, however there must be a conclusion Word count (excluding References) 2000 Guerin, D. M., 2012. Project Management in the Construction Industry, Massachusetts: Brandeis University. J.Smith, N., Merna, T. Jobling, P., 2009. Managing Risk in Construction Projects. 2nd ed. Oxford: Blackwell Publishing. Koehn, E. Tower, S., 1982. Current aspects of construction rehabilitation.. ASCE, 108(C02), pp. 330-340. Naoum, S. Langford, D., 1989. An investigation into the performance of management contracts and traditional method of building procurement. s.l.:Brunel University School of Engineering and Design PhD Theses. Smyth, H. Pryke, S., 2008. Collaborative Relationships in Construction. Oxford: Blackwell Publishing Ltd. Walker, A., 2002. Project Management In Construction. 4th ed. Oxford: Blackwell Science Ltd.

Cerebral Palsy Essay -- Diseases Health Genetics Essays

Cerebral Palsy Cerebral Palsy is a generic term that is applied to a non-progressive motor disorder. Approximately (2).% of children born today will have some form of cerebral palsy (CP). There are four main categories in which CP disorders are placed. First, Spastic syndromes due to upper motor neuron involvement are representative of 70% of CP cases (8). Subgroups of this include hemiplegia (21%), quadriplegia (27%), and diplegia (21%), which is a mixture of quadriplegia and paraplegia (8). The hemiplegics of this group often have mild or less severe speech impediments than the other subgroups (8). Second, athetoid and dyskinetic syndromes occur in about 20% of the cases (8). This group has the slow, writhing movements and choreiform like movements of the distal extremities also (8). These movements cease during sleep and increase when they become upset. Speech impairment is also often found in these patients (8). Third, ataxics’ (10%) have cerebellar involvement, wide based gait, intentio n tremors, problems doing fine movements, and incoordination weakness (8). Fourth, mixed forms of the above named groups are the most common, with spastic and athetoid symptoms being the most often paired. Convulsive seizures are often found in CP patients which often adds to the problems (8). Other associated problems include cognitive impairment, vision and hearing impairments, problems with communication, emotional deficits, behavioral problems and feeding problems (3). Spastic hemiplegics and paraplegics are the most likely to be of normal intelligence (3). Hemiplegics have the lowest incidence of mental retardation with about 40% of them (3). In CP patients it appears that the higher the degree of spasticity the greater the other pr... ...developmental disorder. Adv. Exp. Med. Biol., 1992, 318: 307-14. 3. Eicher, P. and Batshaw, M. Cerebral Palsy. Pediatr. Clin. North- Am., 1993, Jun; 40(3): 537-548. 4. Hughes, I. and Newton, R. Genetic Aspects of Cerebral Palsy. Dev. Med. Child Neurol., 1992, Jan; 34(1): 80-86. 5. Melone, P., Ernest, J., O’Shea, M., Klinepeter, K. Appropriateness of intrapartum fetal heart rate management and risk of Cerebral Palsy. Am. J. Obs. Gyn., 1991 (Aug.), 165: 272-277. 6. Powell, T. et. al. Cerebral Palsy in Low-birth weight Infants. II. Spastic Diplegia Associations with Fetal Immaturity. Developmental Medicine and Child Neurology, 1988, 30:19-25. 7. Vargha-Khadem, F. et. al. Development of intelligence and Memory in Children with Hemiplegic Cerebral Palsy. Brain, 1992, 115: 315-329. 8. The Merck Manual, Pediatrics and Genetics, Chpt. 198, pg. 2110. Cerebral Palsy Essay -- Diseases Health Genetics Essays Cerebral Palsy Cerebral Palsy is a generic term that is applied to a non-progressive motor disorder. Approximately (2).% of children born today will have some form of cerebral palsy (CP). There are four main categories in which CP disorders are placed. First, Spastic syndromes due to upper motor neuron involvement are representative of 70% of CP cases (8). Subgroups of this include hemiplegia (21%), quadriplegia (27%), and diplegia (21%), which is a mixture of quadriplegia and paraplegia (8). The hemiplegics of this group often have mild or less severe speech impediments than the other subgroups (8). Second, athetoid and dyskinetic syndromes occur in about 20% of the cases (8). This group has the slow, writhing movements and choreiform like movements of the distal extremities also (8). These movements cease during sleep and increase when they become upset. Speech impairment is also often found in these patients (8). Third, ataxics’ (10%) have cerebellar involvement, wide based gait, intentio n tremors, problems doing fine movements, and incoordination weakness (8). Fourth, mixed forms of the above named groups are the most common, with spastic and athetoid symptoms being the most often paired. Convulsive seizures are often found in CP patients which often adds to the problems (8). Other associated problems include cognitive impairment, vision and hearing impairments, problems with communication, emotional deficits, behavioral problems and feeding problems (3). Spastic hemiplegics and paraplegics are the most likely to be of normal intelligence (3). Hemiplegics have the lowest incidence of mental retardation with about 40% of them (3). In CP patients it appears that the higher the degree of spasticity the greater the other pr... ...developmental disorder. Adv. Exp. Med. Biol., 1992, 318: 307-14. 3. Eicher, P. and Batshaw, M. Cerebral Palsy. Pediatr. Clin. North- Am., 1993, Jun; 40(3): 537-548. 4. Hughes, I. and Newton, R. Genetic Aspects of Cerebral Palsy. Dev. Med. Child Neurol., 1992, Jan; 34(1): 80-86. 5. Melone, P., Ernest, J., O’Shea, M., Klinepeter, K. Appropriateness of intrapartum fetal heart rate management and risk of Cerebral Palsy. Am. J. Obs. Gyn., 1991 (Aug.), 165: 272-277. 6. Powell, T. et. al. Cerebral Palsy in Low-birth weight Infants. II. Spastic Diplegia Associations with Fetal Immaturity. Developmental Medicine and Child Neurology, 1988, 30:19-25. 7. Vargha-Khadem, F. et. al. Development of intelligence and Memory in Children with Hemiplegic Cerebral Palsy. Brain, 1992, 115: 315-329. 8. The Merck Manual, Pediatrics and Genetics, Chpt. 198, pg. 2110.