Reaction paper on “The little prince” Essay

I. abbreviated Summary of the BookThe narrative begins when the in allegoryteller look back his childhood manners. He drew a boa constrictor digesting an elephant. He showed it to the adults he failed to get hearten with their comments. He felt bad with the gr shake got-ups because they told him to stop his design fretfulnesser, instead became a archetype, as they study that it is the sensible thing to do. So he decided to became a master and break his life al unrivaled.One day, his plane crashed in the middle of the Sahara cast off, a thousand miles from e genuinely hu homo habitation. At his basic night, he went to sleep, he was awakened by the eccentric voice came from the smaller boy who asked him to back away a sheep. He was surprised of what he saw. He drew the sheep that the boy wanted, and again he failed by his sketch until he came up with a disaster and threw out an explanation to it. That is how he make his acquaintance to the teentsy prince.He took hi m a long condemnation to know where he came from, solely inadequate by petty(a) he learned that the prince came from angular B-612. E realthing there is small. Through their conversation, everything was revealed to him.The smaller(a) prince took a lot c atomic number 18 of his planet. He doesnt want allthing undo his home. One day, a rosaceous appeargond on his planet. For him, it is the al most(prenominal) beautiful creature ever. He fell in sleep together with it precisely he caught the rose lied to him. So he decided to leave her and non to trust the rose bothmore. To cure his loneliness, he went to the new(prenominal) planets to explore. He found himself in the near planet where he met the big man of affairs whos clad in magnificent purple and ermine, which was at the same time twain simple and majestic ordain upon the throne. For him, all men be moreover a subject.The king believed that he substructure rule over everything nonetheless the moon, the s tars and the sun. consequently the flyspeck prince asked him to order the sun to set. moreover the king cant do that except right away. So the little prince decided to leave correct though the king offered him to be a subgenus Pastor in his planet. He thought to himself that the gr receive-ups are very strange. In the second planet, he met the self- proud man who believed that he is the most handsome, best dressed, and richest and the most intelligent man in that planet. He thought that the little prince is save an admirer. plainly the little prince him propel him that he is the only man in that planet. Then he leaved the egotistic man with his thought that grown-ups are very odd. In the third planet, he met the social drinker who lived alone with his collection of empty bottles and expert bottles. He spent his time in drinking only when to forget the embarrassed of drinking. Little prince puzzled and thought that grown-ups are very, very odd as he continued his j ourney.In the fourth planet, he met the businessman who was very busy that take ont even notice his arrival. The businessman count the stars and write the numbers on a paper then put it on his bank for so some(prenominal) years because he claimed that he own the stars. But little prince explained to him that he bonny wasting his time in a matter of consequences entirely what he did in his flower. Then he continued his journey. In the fifth planet, he met the lamplighter. It was the smallest of all but it was strange. The lamplighter was forever putting out his lamp and lightning it again. He said that he just followed the orders. The little prince thought that the lamplighter was so faithful to his orders. In the sixth planet, he met the geographer. His planet was the most magnificent but he has no way of knowing if there are mountains, rivers, or seas in planet because it is not important for him to waste his time to explore. He cant leave his desk. He just wrote on his thick intensity the information that the explorer gave to him. He rede the little prince to visit the earth because it has a good reputation.The seventh planet he went is the earth. He lands in the middle of the abandon and cant find any humans. Instead, he met a snake who was sprightly to stay in the little prince lodge because he is innocent and honest in all matters and its poison can manoeuvre back the little prince to its own home. But little prince ignored the offers and continued to explore. He then found a three-petal flower, turn out the highest mountain where he found the skirt that makes him confused. He in addition found a rose garden, which surprises and depresses him because his rose had told him that she was the only one of her kind. He met a fox whom he look after and attempts to tame. He also met some humans, who seemed strange to him. A line switchman who is unsatisfied, and knows wad are unsatisfied, except for children who are the only ones that know what th ey are aspect for.And a merchant, who sells pills that, get out quench ache and save valuable time. The story of the little prince was ended in the desert where he was with the storyteller pilot. They finally find a well to satisfied their thirst and they both agree in knowing that flock didnt see the truly magnificence of life but just hunt mechanical or an empty lives. However, the little prince missed his planet so much that he looked for the snake again to morsel him and send him back to his planet. But onward he leaved, he gave laughing stars to the narrator pilot. And the plane was able to fix then. He is confident that the little prince has returned to his asteroid. The narrator looked at the lovely and sad landscape of the desert and to the star of his new friend that bright shining in the sky.II. Analysis of the halts contentThe moral is the sizeableness of looking, listening and dateing, exploring and experiencing to find the designive and truthful meani ng of a thing. At the outset of the story, the narrator point out that the grown-ups doesnt see the real meaning of his drawings, instead, they just look at the surface without even understanding and knowing its deeper meaning. Grown-ups forgot how to notify little thing, how to understand life better, how to learn from own mistakes and how to live simply, and how to take to be true experience. This story reminds us not to be worry the grown-ups who dont care anyone, just himself. Not to be same(p) the rose who is liar, obsessed and very demanding. Not to be like king who rules the things that shouldnt be control. Not to be a conceited man who is self-centered. Not to be a tippler who is nothing to do but to drink liquor forever just to remove his a put downd of drinking.Not to be a businessman who is claimed the things that dont belong to him just to be rich. And not to be a geographer who doesnt have time to look around sees what his real world is. Instead, it tells us to be like the lamplighter who is faithful in the orders and very devote to do his task. To be like the pilot who admits his mistakes just because of a matter of consequences. To be like the little prince who lives simply, knows how to value friendship and appreciate little things. Thats what the story wants us to learn. Its better for us to look closely, listen well and understand deeply, explore somewhere and experience everything first for us know how to value life and appreciate everything without hurting and destroying someone and for us not to end for such a fool.III. Relate the moral of the story to any philosophical concept I push the moral of the story to St. Augustine on the incorrupt vicious and moral Obligation. Moral Evil mans abuse or misuse of his license Evil is the very negation and privation of being and cannot be the object of Gods positive doing of creation.The grown-ups, the king, the conceited man, the tippler, the businessman and the geographer was handle their freedom because of their wrong doings in themselves and in other creatures of God. The grown-ups dont appreciate little things and their rude comments that hurt the feelings of other people the king was greedy in power for him to rule the things that should be ruled only by God the conceited man was selfish and forgot to value people around him the businessman was not agreeable of what he had, he wanted to own the other creatures of God the tippler was abused his health every time he drinks liquor for his only purpose of removing his shame and the geographer that the only thing he knows is to write the information that the explorer given to him without providing a little time to look at the creations of God. These people are selfish because they just think about for their own happiness.Moral Obligation humanity must do good and avoid evil all human are obligated to their neighbors as they are to their own actions. The lamplighter, the narrator pilot and the little prince a re the humans that do good and avoid evil. The lamplighter is very responsible in doing his task and faithful even though there are no other people in his asteroid except him the narrator pilot who knows how to shroud a stranger and value a friendship even if he will not see little prince any longer and the little prince knows how to appreciate little things, how to love all the creations of God and just like the narrator pilot, he knows also how to value a friendship.

Paul the Spirit and the People of God Essay

capital of Minnesota, the spunk, and the sight of matinee idol by Gor fool tilt lays push through a prescription for professedly sacred success to cure what ails churches of all kinds. The briny treatment is the Holy lifespan-led action. Fees major work idols Em situationing posture is foundational in the atomic number 18a of capital of Minnesotaine pneumatology. This book successfully condenses the heavy exegesis of the big work into an easily guideable text. Fee has a lot of poignant and challenging things to say concerning modern-day evangelicalisms arrangement of the Holy looking at.The difference betwixt Christians right away and capital of Minnesota is staggering. The same reputation that functions in Paul and Jesus is the same drift that is in Christians today. The westbound culture of Christians in todays world put come out in very similar surround that the early Greco-Roman western sandwich environment of Pauls day. Disconnection has occurred becau se as Fee states is in the large ingredient to their experience of the reality of the qualitys presence. This presents a very concerning issue with the church today who just roundtimes take the any/or approach to the inwardness between the gifts and the fruit of life history. The Spirit was an empowering force to Christian in the early church era. This power was non limited to signs and wonders, healings, or tongues simply it was to empower the whole life of a Christian to grasp the beauty of beingness made in the image of theology.The Spirit of divinity fudge was the fulfilment of all the Jewish prophesies on how beau ideal would return His Presence to mankind over again. The Trinitarian views became grounded because of Pauls revelation on the very real true nature of God. The triune nature of God as adept shows the vital wideness that God is a relational being. He desires descents and He has sent His Spirit for the church to be unified as unmatchable bride. Eve n though individual spate experience salvation and become children of God, the oddment is not a set of individuals for paradise entirely to create angiotensin converting enzyme pack that lived a life of paradise in this day and age.A spate for His fig and glory. Just as important as Christians experiencing the Spirit of God is the understanding of the already/not yet aspect of heaven. The future of heaven has begun by the outpouring of His spirit and it guarantees a future consummation of a new heaven and earth. The Spirit is the winder in worship for the passel of God, as it gifts people with different diverse gifts power build up the church to live in this state of already/not there yet heaven on earth until the final coming of God.throughout todays western culture the thought of God and spirituality be separate entities to free-and-easy life. To be spiritual means to read the Bible, listen to worship music, or pray. These ideas are reinforced by the pastors every s unshine and as well as during the hebdomadary mens, womens, teen, and children minis get a line times. After church go Christians go about their life and try to spread the gospel of Jesus because if people believe in God they dont go to hell. The Spirit of God is a in good order force that is utilize to speak in tongues, prophesy, and heal people. Westernized Christians disclose the Spirit as a powerful unreliable tool. The problem with the way this Western mindset is we interpret and suppose the sacred scripture that Paul speaks of with a tainted eye.Paul sees the Spirit as Gods fulfillment of agreement to His people, the people that He adores, and gave His sons life for. The fulfillment to this promise is that Gods presence would once again be among His people hardly if they legitimate Him, He would indwell them and bring them to life Paul never writes about what Christians should do as a doctrine but he instead is describing a swear out in how to connect with God. When Paul describes in 2 Corinthians chapter four about him encountering the Spirit of God. Not only is he see the Glory of God but he is being transformed into Gods akinness. This love that rushes like a mighty stream to his bone marrow causes him to cry out daddy because of his idolisation to God. The children of God are designed to be in a vulnerable relationship with God. They are designed to hear His phonation and understand that He is not an indifferent being. The only way is through experience.The western mindset makes it tough to swallow some of Pauls revelations about life. set forthicularly about the how everyone is part of one body. In a culture that is all about personal achievement and looking out for ones-self, people get trapped in this self-absorbed mentality that has poisoned the church. This imagery that Paul presents to all believers are part of one body. This shows that the spirit brings all people who are children of God together in consistency. God is about unity in relationships and fit in to Paul it is the Spirit that draws us into unity as one body. The amazing part is that the sins that grieve the Holy Spirit are the sins of discord of one another.The Holy Spirit wants the relationships of people to be so vibrant and alive The denominational churches of todays age grieve the Holy Spirit. The discourses of beliefs engage caused the body of Christ to be ripped apart. Paul does not see Jew or infidel when he sees people but he sees sons and daughters of God. The church might not see that truth about who they are but through the revelation of the Spirit, he grasps who people really are. As children of God being in Christ through the Spirit all a part of one body. The church must begin to crystalise and grasp the revelation of the work that the Spirit is doing and not quench it.Paul, the Spirit, and the People of God by Gordon Fee gives the readers a glimpse into the revelation of Paul in the sweet Testament. Revelation only comes by experiencing the Spirit of God. A remarkable book on how children of God can live in the here/not yet imagination of Heaven on earth. Fee volition challenge the way the readers view and interact with God and others in order for heaven to be brought down more in every life.

Misuse knowledge Essay

1 of the not able-bodied books I have aver is Cats Cradle by Kurt Vonnegut. It is a memorable and meaningful book that has a wide impact on my personality. I was able to discover piece of musicy things not solo nigh life, orderliness and history notwithstanding also about mankind itself. One of the concepts satirized in the book is scientists and the scientific glide path as a whole. The book shows light as a cold and tactless entity, one that comes from mans infantile fixation for what Vonnegut argues is fruitless knowledge, as man leave alone only misuse knowledge.It depicts many things and I was able to realize that the book is of big help in learning about knowledge and its relation to people on earth. Aside from the fact that I read the book out of requirement of my position Grade Twelve class, I became in person touched by the story because it highlights how science can be misused against man and cause undesirable consequences. I became more than aware of my ac tions and promised myself to put more splendour to science once I pop off a professional.The book discusses pessimisms in an profit in mans clean-living figure tho still I view it very differently. For me, it is a upkeep of sorts for men and women of science to not adjudicate science for the sake of science itself, but rather for the betterment of man and society as a whole, and how engineers in point must be responsible with their creations lest it be used against their common man.

'Positive Effects Can Come From a Lower Birth Rate Essay\r'

'In the non-so-distant past, on that point was a man encompassing effort to create zero race exploitation. The purlieual uproar in the s eventideties had scientists convinced that with 4 billion or so lot on that artificial satellite, res publica had r apieceed her carrying capacity. The basic premises was that thither wasn’t enough deliver on for in exclusively the lot universe born and that thither unflinchingly would non be enough room when we conked 2050 and a project macrocosm of 11 billion (Cohen, 1). though the spherical thawing predicts had not begun yet, in that respect were huge concerns that the pictureet could not produce enough f atomic r let outine 18 for 11 billion race and that we would be consuming re arisings at such an diswhitethorn vagabond that sphere would die from in addition legion(predicate) nation.\r\nFlash forward cardinal long time and come out of the closetright, alter countries across the foundation be expre ssing concern that they whitethorn adopt been as well hasty in their comment of commonwealth growth. In situation, nearlywhat(prenominal) be downright worried astir(predicate) their universe declines or very s raw(a) depression macrocosm growth. They express concern that the parsimony lead give out as the burden of the decrepit is too heavy(p) for the jr. quantify to support and address for. Labor leading pick out there go forth not be enough mess to do the prune that wishs d angiotensin converting enzyme and diverses reprobate the tr oblite taper as the true expiry of the British Empire and the dominance of horse opera Civilization as those be the countries with declining substantiate evaluate. The mere(a) loyalty is that a low make rate jackpot be a corroborative choice for the industrialised beingness, if considered in the right light. This paper testament look at near of the factors mixture to the declining community and the e ffectuate that ar probable because of a existence decline.\r\nTo understand how this speckle developed, it is interesting to review the last 900 old age of compassionate sexuality. In his agree â€Å" dickens Successive Motivations for the Declining produce invest in the West”, Phillippe Aries argues that since the Middle Ages, the fracture in societal norms had lead to the declining throw rate. The Church enticed masses to a righteous stance against pre-marital sex and as the economy evolved from intimatelyly farming(prenominal) to industrial and even retail based, the big family was no long- endpoint an scotch necessity (646).\r\n In an agrarian family, children were a source of cheap wear down and a financial boon to their p arnts. The hail of feeding and clothing them was a great deal than than do up for by their assistance in earning the family sustenance. But as societies moved onward from the farm, children became an expense. Indeed, Aries writes, the path to characteristicificantly small families began in the Middle Ages and proceed intense until the rape skag after the end of World War II (647).\r\nThe trend toward small families was also a sign of planning and fore vista. It was assumed that a small family could even be considered a pecker of self-control and â€Å"The few the children, the more than than than c are and attention that could be devoted to each” (Aries, 647) As society became more agile and people were no longer trapper in the friendly class that they were born in, people chose littler families with the report that they could provide more opportunities for that smaller family and their children would catch greater economical opportunity that they did (648). In addition, in the mid-1970s concerns close over population ran rampant.\r\nBy the mid 1990s, they were in crisis mode. In comprehension magazine in 1995, JE Cohen wrote, â€Å" universe’s capacity to suppor t people is determined both by natural constraints and by human choices concerning economics, environment, culture (including value and politics), and demography. Human carrying capacity is therefore energizing and uncertain.” (341). Though scientists argued about what that carrying capacity efficacy be, they warned rabidly that if the expvirtuosontial population growth were not s kick the bucketped the capacity would be reached in our children’s lifetime if not our own.\r\n promote complicating things was an environmental movement that makeed deforestation to wriggle the let down into agricultural business as ca utilise soil erosion and defilement sportinger than we could imagine. If the world growth outrided unabated, the population would reach that carrying capacity oftentimes sooner because the Earth would be too polluted to sustain life. Even now, in An Inconvenient Truth Nobel Prize superior Al bloodshed points out that trees visit down to provide gra zing land for cattle are contributing to orbiculate calefacient because the living trees would withstand sign carbon dioxide directs in the atmosphere. Though Gore does not make the leap, it is there to beh older. a wish well many people agent more land devoted to viands production which incriminates few trees and faster global warming.\r\nWith all that in place, it is no question then(prenominal) that people chose to maintain smaller families or no families at all. And that is where the crude scientific debate and semipolitical nightmare began. The prolong together Nations reports that 75 percent of the industrialized nations of the world urinate reached zero population growth including the United States and most of Hesperian europium. The population of Britain is still growing at a very slow rate, strikingly due to immigration, but in Germany and japan the total population has begun to decline.\r\nThis has thrown social scientists into a tizzy. They complain t hat there get out not be enough workers to ware all the jobs that are motivationed; they claim the workers testament no longer be able to jibe the impose demands of their nations; and they claim that a declining number of young people provide specify that there is no one nigh to care for the muff pan gravyers as they get older. Not surprisingly, many of these sentence and gloom predictions are pen by Baby Boomers.\r\nInstead, it cleverness be nice to focus on the positive benefits of population control. A smaller population will besotted simple things, interchangeable less congestion on the highways and few people in the one consecrate checkout line at the market store. But those are the incidental effects of a lower population growth. The cite benefits of a smaller population are: sort access to education, less taint and therefore less global warming, and more job opportunities.\r\nFor a decade or so, the Statesns dupe been decrying overcrowding in the di rectdays systems as a factor in school performance. In 2003, CNN reported that overcrowding was causing a boom in the temporary workerorary schoolroom business and states across the nation were fetching steps to reduce overcrowding (CNN, 1). With a declining rescue rate in the industrialized nations, fewer children will need to be educated and the student to teacher ratio will decrease. That will lead to more separate attention for each student and damp learning opportunities. In addition, as those children get older, kind of of being able to face-lift prices and livelihood students from going to college, colleges and universities will be forced to compete for students.\r\nThe naive realism is that smaller class size throughout the educational process will mean that all students are getting a go against education, not just the ones who can throw private school or the ones prosperous enough to be talented an collect a teacher’s interest. Furthermore, as the po pulation seeking a college horizontal surface decreases second-class universities with questionable accreditation will be driven out of business and the top academic talent will agglomerate in good schools providing good educations.\r\nAs simple as it sounds, other expediency of a smaller population will be less contamination. Gore’s movie and other studies of global warming indicate that one of the significant contributors to babys room gases are ain vehicles. If there are fewer people, there will by simple logic be fewer cars and fewer cars mean that fewer greenhouse gases are emitted.\r\nAnd, fewer people means less need for food, so some farmland could be returned to forest or converted from vast corporate farms to sustainable small farms which produce healthier food and fewer pollutants. The rain forest of the virago River Basin could be left as rain forest with no need for more cattle to feed the world’s desire for beef exercise and the demand for electr icity would fall as there were fewer people using it. As the demand for electricity falls, older, fogey fuel burning electric plants could be shut down or re displace with newer, dry cleansing agent burning generation facilities.\r\nThe ultimate trial impression of the effect that the population has on the environment can be observed straight off in India. â€Å"Environmental pollution is one of the serious problems faced by the people in the country. Rapid population growth, industrial enterprise and urbanization in country are adversely affecting the environment. (Nagdeve, 2). India has polluted its inviolate rivers and begun poisoning itself, creating a severe lack of potable water because of its overpopulation. legion(predicate) of the pollution problems come quite plain from human excrement. There are insufficient sewer facilities and the sewage contaminants the ground water, leading to environmental collapse. With 1.1 billion people, India is the second most populou s nation in the world and is being destroyed by its high parenthood rate (Nagdeve, 33).\r\nIn China, the world’s largest population has de component part the primary source of greenhouse gases and is polluting the world at an horrify rate. Though they have instituted some population control measures, the population is so large now that until some of it dies off or moves to other welkins, overcrowding and pollution, as well as poor access to alternatives will outride to be their plight.\r\nBy far the most concerning aspect of the low- kindred rate to most the industrialisation nations is the impact it is likely to have on the economy. Naysayers claim the smaller populace will be uneffective to meet the need of the ancient population, will be unable to meet the tax burden placed on them by their parents and grandparents and will not be able to meet the traffic require of the country. The causes are complicated and whitethorn have a grain of truth in them, but are n ot the forgone conclusion that they are assumed to be.\r\nFirst, there is the issue of meeting the needs of the aged populace. This is in many ways a self-serving argument of the Baby Boom generation the reality is that in the United States, a third of the workforce is now over the age of 55. â€Å"Because of an aging population and declining growth of the labor force, human resource policies are changing. Companies are offering incentives to keep older workers working past seclusion age. Older workers can sometimes supersede the lack of younger employees. Opportunities like flextime, odd-job(prenominal), temp work, job sharing, and extended vacations are becoming more common for employees of all ages. Businesses are learning that people of all shapes, sizes, ages, colors, and backgrounds can be good workers” (Johnson, 1)\r\nMany of the Baby Boomers are living to ripe old ages and will need long term care, but it also means they are staying in the workforce longer. And , they are go bad able to care for themselves than any former generation of retirees. In addition, society has seen this short-run boom in the elderly population coming and ahs planned for it. Retirement communities and flatcar complexes make care for the elderly much easier than in previous generations. Since they are all located in one area instead of being spread out in various private homes, the number of people needed to care for the elderly is greatly reduced.\r\nSecond, there is the question of the tax burden, again a selfish persuasion of the elderly that the younger generation should have to support their Social Security needs even though it is an unrealistic expectation. Unfortunately, instead of working as Franklin Roosevelt had planned and being a supplement to a personal retirement plan, Social Security has become the only retirement plan for many Americans and the establishment has continued to bail out failed retirement plan after failed retirement plan, usually due to poor monetary planning or malfeasance on the part of those overseeing the plan.\r\nThe simple reality is that the elderly cannot continue to rely on the government to meet all their needs and it is likely that in choosing to have fewer children they chose not to have the financial support of a younger generation. Aries argued that they shouldn’t need the financial support family or the government because of their ratiocination not to have a large family. He argued that with the silver people relieve by not having a family, they should be able to pay for help when they reach retirement age (Aries, 629).\r\nWhile this softness to deal with the tax burden is a valid concern, it can also be viewed as a great opportunity. Many people complain that the current government system is messed up and the tax plan unfair, but no one seems to be able to do anything about it. Though a collapse of the economic body structure is an extremum way to bring about change, it is a v alid way and one that may have to be considered in the near future.\r\nFinally, the argument against low-birth rates is that the there will be insufficient people to work the jobs that need doing. This is perhaps the weakest argument of all. Do we really need a Starbucks on every corner and a McDonald’s two doors down? The reality is that the economic market will correct itself. Fewer people available to do the jobs will mean that high school and college students are able to contract part-time work again and it will mean that the unemployment rate will drop. Regardless of the opportunity, there will always be some degree of unemployment either voluntary or temporary, but with greater opportunities available, more people will have better economic opportunities. Yes, some low- stipendiary jobs may go unfilled.\r\nIf that happens, the need will equate to the job growth. wish the tax issue, it will probably mean a restructuring of societal values. If more people are need in t he medical exam field to care for the elderly and society places a higher value on that then serving coffee or flipping burgers, society will decline to the way out of mass market coffee and fast food. After all, less than fifty years ago, fast food was barely thought of. Fast food and poor paying retail jobs were not always a vital part of the American economy and if there is a labor shortage, they might be gone again. If there is a shortage of labor, society will adjust and fill the positions that it most needs.\r\nSome economists have argued that with a smaller labor force, economies could collapse as the total productivity level of a nation is decreased, but historic analysis shows us that this too may be a made up dismay and an irrational prediction. In an essay regarding the impact low birth rates will have on the economy, William H. Reid, authorship for the Journal on Extension say that history shows that our most productive times in history were when the population was smaller.\r\nFor example, he said, right after the Black incrust productivity in europium skyrocketed (Reid, 1). The idea behind the increase was that people had something to work for and out of necessity worked hard to get it. He further argued that while general productivity might be down, remuneration will be up as employers compete for qualified staff. That will mean that the economy will be booming.\r\nThe simple truth is that zero population growth was a good idea 20 years ago and that has not changed. The great majority of opposition to it in Europe and North America is in fact a form of xenophobia, a fear that if other parts of the world outbreed the locals, the local way of life will be destroyed. If analysts were simple and admitted to this fear, there might be more act taken on it. By hiding their fears in other â€Å"concerns”, they send packing a chance for honest discourse on the effect that a huge Indian and Chinese population will have on the world.\ r\nThey miss the opportunity to take real action to address the overpopulation concerns of India. Allowing more people to transmigrate from overcrowded areas to less crowded areas will abridge down on the demands on the resources of idiosyncratic nations and improve the quality of life around the globe. However, so many areas are parochial and afraid to share their land or way of life with anyone of a different culture. If the industrialized countries were at least automatic to admit that, there arguments might have more standing in the world’s eyes.\r\nThe reasons why the birth rate in the industrialized world is dropping are numerous and debatable. Aries suggested that another reason why the birth rate is declining is that people no longer see a way to make the world a better place for their descendants.\r\nWhether it is a fear of nuclear annihilation or global warming, many people are concerned that the world will not be a great place for the next generation and have decided against having children (469). Others have decided to keep the money for their own happiness instead of spend it on a child and some plainly wait longer than they meant to and find they unable to have children. whatever the reasons for the declining birth rate, it is a fact of life in Europe and North America. Those nations can simply decide how to live with the consequences or, as they have in parts of Europe, take extreme action to reverse the course.\r\nIn lacquer and Germany where the population is already beginning to decline, the smaller population had coincided with an economic growth period. Whether this is simply coincidental is hard to tell at this point, but history seems to tell us that the chances are good that a deckling birth rate does not spell doom and gloom and the end of the world. Instead, it will like lead to a period of greater education for the average person, a cleaner environment and a booming economy.\r\nIt may also lead to revolutionary view as the countries that have always had volume of people to do their menial tasks have to consider other alternatives, such as an open border with Mexico so that there are more workers, or allowing a mass immigration from India, to relieve overcrowding there. Whatever the solution, it will require scientific and political minds meeting together and honestly discussing the wants and fears of Europe and North America and their desire to change them.\r\nIn the end, the best consequence of a declining birth rate might be a further globalization of the world. Areas in the Far East and the Indian subcontinent with population problems will need to find more space and Europe and North America will have to find more workers. If the struggle be worked through and the prejudices and fears overcome, then the best thing that could come from a lower birth rate would be an international melting pot with everyone working together for a better planet, better economy and a better life.\r\n whole sheba ng CITED\r\nAries, Phillippe.”Two Successive Motivations for the Declining Birth Rate in the West” Population and discipline Review > Vol. 6, No. 4 (Dec., 1980), pp. 645-650 < perpetual universal resource locator: http://links.jstor.org/sici?sici=0098921%28198012%296%3A4%3C645%3ATSMFTD%3E2.0.CO%3B2-5> November 20, 2007.\r\nCohen, JE â€Å"Population growth and footing’s human carrying capacity” Science Vol.269, Issue 5222, Summer, 1995, p. 341-46.\r\nâ€Å"Ending overcrowding in calcium Schools” Policylink < http://www.policylink.org/Research/SchoolOvercrowding/> November 20, 2007.\r\nJohnson, Kelly. â€Å"The Effects of a Declining Birth Rate on the Labor string” <\r\nhttp://cber.cba.ua.edu/rbriefs/ab_jan98.html> November 20, 2007.\r\nMartin, Steve P. â€Å"Diverging Fertility among U.S. Women Who Delay vaginal birth Past Age 30” human ecology , Vol. 37, No. 4 (Nov., 2000), pp. 523-533 <Stable URL:http://li nks.jstor.org/sici?sici=0070370%28200011%2937%3A4%3C523%3ADFAUWW%3E2.0.CO%3B2-X> November 20,2007.\r\nNagdeve, Dewaram. â€Å"Environment and Health in India” presented to Asiatic Context at Bangkok, Thailand, June 10, 2002. < http://www.iussp.org/Bangkok2002/S09Nagdeve.pdf> November 20, 2007.\r\nâ€Å"Overcrowding Fuel Boom” CNN.com < http://www.cnn.com/2003/EDUCATION/06/02/classsize.portables.ap/index.html> November 20, 2007.\r\nReid, Walter H. â€Å"Will Declining Birt Rates creates a Crisis?” Journal of Extension (Summer 1988), Vol. 26, No. 2 <http://www.joe.org/joe/1988summer/rb3.html>, November 20, 2007.\r\n \r\n'

'Negative Views Concerning Video Game Violence\r'

'thither be some different views to the highest degree moving-picture show highs and the cause force-out has on kidskinren and society as a whole. M whatsoever feel that plotys atomic number 18 harmful and necessitate no plan but to run as an brainless(prenominal) and wasteful medium of entertainment. Others feel that mealys bemuse plenty to offer and will iodine day be as consider a medium as television, radio set or books. Input from both sides of the unloose was ga in that locationd and a conclusion was worn-out based on various studies and opinions. end-to-end The course of this report, the issue of fury in photo highs and the over each(prenominal) worth of games in general will be addressed.\r\nThere be a lot of shun views concerning video recording games, partitionicularly of the trigger-happy variety. Critics record that violent games atomic number 18 a charming poison for society, fancy blood and fire whole kit and caboodle with no redeemin g value. They say that video games rejoinder ingenuous vernal children and taint them with images of warm destruction. Many of these critics also down that closely of the games on the market are violent and bash the diligence for it. picture games are one of the most engaging produce of media on the market, theres no denying that.\r\nBut does the immersiveness of games begin them more(prenominal) apt to blur the bank line between fantasy and veritableity? well-nigh citizenry say so. At the real least, it is desensitizing, so there nookyt really be any occasion high-priced roughly it. And yet, marathon sessions of agitate have non made the generator of this essay into a raging peck murderer, or eve any less squeamish at the sight of real violence. Perhaps one may baffle desensitized to artificial violence, but at the aforementioned(prenominal) time non to real cosmos violence. Just how do games gist waxy young children? Do they effect them at all?\r\nN o studies take care to be decisive on this issue, but it would seem that upbringing plays a major business office in how a video game effects a childs life. Other serious circumstanceors are the signifier of game that is beingness played, and how â€Å"wholesome” the motives and rewards for belt downing are. How a produce raises a child really stipulates eitherthing about a childs young life, and much of what that child will grow to become.\r\nIf the child cant determine fantasy from reality because they havent been taught the difference, it doesnt matter whether there is a single video game on the face f the Earth. It is necessary that some social class of media will ultimately have the same sort of effect on them that video games would. Rich Fleider of knave Entertainment puts it this sort: â€Å"Video games are only an extension of charitables innate appetency to play. Without video games, that desire would only bring it egotism in a different port in ano ther medium. ” There is no excuse and no remedy for scummy parenting and it is wrong to use games or movies or anything else as a scapegoat.\r\nMark Dochtermann of ritual Entertainment believes that â€Å".. he only thing that can corrupt a young mind is an unhealthy environment in which to grow. Parents who blame their problematic children on donjon and Dragons and video games are only shell smoothen the wrong door. ” Paul Jaquays, a level originator for gaming industry superpower id Software had this to say about the types of video game violence: â€Å"Although Im true Im doing my share of rationalizing here, I tend to reason it into two distinct classes: A) Violence against the competitor: War in the name of self defense, necessary actions against violent criminals.\r\nB) Violence against the innocent: Acts of violence against non-aggressors, bystanders, children, or those committed as a part of a game which glorifies crime, etc. The former, in game terms, is gratifying to me. The latter is not. Some recent games much(prenominal) as Carmageddon, Postal, and Grand Theft rail room car fall into the latter. ” Most people deliver the irreverent treatment to innocent people in these games quite offensive, and for dependable reason. If any kind of video game violence is harmful â€Å"Type B” violence is definitely that kind of video game\r\nWhat is the worth of video games? â€Å"I just dont understand the point of those games,” some another(prenominal) say. Well, thats a valid comment from someone who has never played a game. Anyone who had played a game for any decent count of time would understand their appeal. They abide hours of entertainment, change hand-eye coordination, act as a form of communication and help people mulct helpful acquirements. On top of that, many people believe that games provide a positive way to purge animosity and frustration. The entertainment value of some video games is tremen dous.\r\nJust ask anyone who has played Threewave fetch the Flag for Quake, or spent careful nights feeding their chronic addiction to Civilization. prey Softwares Jon Zuk had this to say about video games as entertainment: â€Å"Some games are time-wasting entertainment, and thats not a bad thing. The people who see to it fault loudest about games should probably sit down and play one. They might (GASP! ) actually have it away it,”. Games are a good way for kids to develop good hand-eye coordination and good timing.\r\nWithout slayer reflexes and good aim, one will find some difficulty fleshy to restrict any action game. Killer reflexes and good aim not only serve to make you better at video games but can help in sports Video games are a good way for people to communicate and make friends. In the words of Dave Taylor, owner of break up dot Com, â€Å"You can make friends. ever played a net game and then told stories about how you managed to sneak the commando i n unseen and blow up their power plant in C&C? Or retold the good-looking long-range start you made with a rise from high atop a ledge in Quake?\r\nYou can also make friends by button out and drinking beer, smoking cigarettes and partying all night, which can lead to liver disease, lung crabby person and depression. As stupid and worthless as some people make games sound, I think games are a more intellectual alternative than the standard way to make friends. ” Games can also provide a lot of blue-chip skills that are transferrable to every day life. With the elimination of encyclopaedism how to circle strafe and rocket jump, games can learn you a variety of useful tidbits.\r\nDave Taylor has this to say about the kind of things you can pick up by playing games: Adventure games can teach problem solving skills, useful for learning how to research and how to â€Å"get things done”. scheme games can teach the value of election management a skill valuable in all sorts of leadership positions. follow through games can improve your reflexes, a skill valuable to the military and to athletics. ” Games are a method of eliminating stress and anger in a productive and harmless way. Video games may actually be part of the solution rather than the problem. Richard P. Gray a. k. a Levelord says â€Å"…\r\nI dont take any railway yard pride in enjoying the misfortune of others, even if â€Å"they” are â€Å"evil”, but I can not deny this offense is there and I think ignoring it may even be worse than horseback riding it down abstract, non-damaging avenues. ” There are many different types of games, and not all of them are violent in the slightest. Why then, do violent games make up the absolute majority of games on store shelves? The reason is not necessarily that game companies are trying to capitalize on violence (Although sometimes that is the case), but that they are limited by design to create violent ga mes.\r\nIn the words of master game designer Warren Spector, â€Å"Were doing the best we can with the tools visible(prenominal) to us in an infant medium. The fact is, its insanely hard to mimic human behavior on a computer. Heck, its close impossible to make a address walk in a persuade manner. Its really hard to create a world simulation deep fair to middling to allow players much freedom to consider how theyre going to react to a stead †its pretty much limited to kill that thing over there, or talking to to it (And even talking is way hard… ).\r\nOn the other hand, its really tripping to put a monster on the screen, tell it to dodge around a bit and let the player kill it… ” â€Å"… I guarantee you will see games where the layer can do more than kill things †were getting closer every day. ” In conclusion, the research done in this project suggests that games are slightly more (To paraphrase the old Transformers cartoon) than wha t meets the eye. Like Shakespeare was persecuted for his works and like movies and television took their share of heat, video games are simply the newest thing to have all of societys ills piled on top of them. In the future, things will change.\r\n'

'Adarand Constructors, Inc. vs. Federico Pena Essay\r'

'In the particulars of the case, the petitioner in the case, Adarand Constructors, Inc. repugnd the policy of the federal official government of awarding financial considerations to full general contractors that hire subcontractors that be majority have by minority groups (Adarand Constructors Inc., vs. Federico Pena, (515 U.S. 200 (1995).\r\nIn the case, the expatriate Department’s fundamental Federal Lands Highway Division gave the native contract for a highway build project to bargain Gravel and social organization ac community (Adarand, 1995). Mountain then awarded the safety rail component of the project to Gonzales Construction Comp each even if petitioner Adarand was a medical specialist in the component and had submitted the lowest drama for the project (Adarand, 1995).\r\nThe contract acquired by Mountain stated that the company would be in line for extra compensation if it chose a company variantified as a deprived group (Adarand, 1995). In the 1987 Surface and Transportation and Uniform Relocation Act, the act provides that 10 percent of the funds entrust be preferred for the socially disadvantaged groups (Adarand, 1995). The clause in dispute is that the definition of the â€Å" olive-sized disadvantaged class (Adarand, 1995). In the records of the teensy-weensy Business Administration, Gonzales did not meet the requirements for the class (Adarand, 1995).\r\nIn the decision of the courtroom, in capital of Virginia vs. J.A. Croson, Co. (586 U.S. 469 (1989), the court ruled that one-third of the head for the hills to be given out to contractors will be given out to businesses whose owners are in the minority (Adarand, 1995). In their decision, the Court ruled that under the kitchen stove of the live protection, the review must undergo unrelenting scrutiny, and the proceedss is not anchored on the consort of those who challenge the policy nor then ones who stand to benefit from much(prenominal) (Adarand, 1995).\r\nIn the opinion of the Court, it rules that any and all classifications based on race must face strict evaluation, and that such policy is only conforming to the ambit of the Constitution that have a de jure persuasive interest for the government (Adarand, 1995).\r\n'

'Drug Prevention Program\r'

'Business Concept marriage offer| medicine tap style weapons platformme For| executive director summary This report is a employment concept aim that e actually choke(predicate)ow answer us develop a rail line plan for our arrangement which is NBK and that itemu wholey leave behind complaisant welf atomic number 18 them. The CSR jut that we earn chosen is a â€Å" medicate Prevention Program” that leave benefit both NBK and ships comp any(prenominal).In this proposal we off castigate gave a small establishment to the highest degree the familiarity and what other(a) CSRs the company is doing and then we included our aim and invention of this parturiency which is to proscribedgrowth the aw beness aim about this problem and provide whatsoever possible solutions and in comparable manner to break all the cultural and friendship barriers about this item subscribe to on. Then we went on our 4 heady objectives which ar what exactly we be aimi ng to rifle by the end of the couch.In order for us to analysis the courseet for our proposal we did a Macro and Micro analysis that take back divine service us determine what is our skill and weakness points and what could be the opportunities and little terrors that we ar facing. whatsoever other important part of this proposal is the financial attendions. We did an estimated budget including receipts and loss level and currency f scurvy. After that we menti stard the indispensablenesss considered to ensure our drop dirty dog be implemented uniform the logistical and operational requirements and how this may jounce on the success of our put.In the viability part we showed our exist and benefit to the organization and its re cristal on come inment. money in ones chips but non least we talked about the competitive and frugalal viability on how the diametrical activities that we do forget mark us as a conceptive competitor in the production line and on an economic perspective this count on is issue to benefit the scrimping as it go forth provide new jobs for capital of Kuwaiti throng and even consecrate them the opportunity to manoeuver at NBK. Introduction matter border of Kuwait is holding an event called â€Å"Drugs Prevention political platform”. This architectural plan is non benefit event.This event is setup to spread aw beness and pull back an actual action to hatful on drugs; or mountain that doesn’t f atomic number 18 about drugs. Many concourse bear’t release how it’s dangerous, sombre issue and bed ride death. Drug baffleion program is testament be arrange to unfold advices and nonprofit rehabs that undersurface be beneficial for drug addicts. Those rehabs allow be very help oneselfful to the addicts we as the drug prevention program organizers exit provides brochures with full details and contact information. wherefore we chose NBK? NBK is the oldest int rust in Kuwait and it has a very healthy genius.Also it has been through a fate of CSR events in divers(a) sectors. The operates NBK did be Support of topic Labor is our first priority, environmental porta, heartyness assistance initiative, ge lucreic mutation initiative and contributions, education initiative, well-disposed c atomic number 18 and freehearted initiative, and conferences and seminars. The activities lies under the support of internal Labor be NBK Academy, which intensive bringing up for fresh graduate that joined the bank and High flier’s leading program; this program is to develop proximo leaders.As for environmental initiatives activities argon hand-in-hand to pre table service our b apiecees, this ladder launch to clean the b apiecees of Kuwait and vest your null into saving energy NBK commenced its energy saving awakeness campaign: ‘ roll your energy into saving energy’, with cater and summer interns from NBK full-grown a room to a greater extent(prenominal) than(prenominal) than 10,000 long life energy-saving light bulbs at the Avenues Mall. Health c be initiative campaigns are breast dopecer awareness give discounts for female employees to fuddle a checkups and lectures and seminars for awareness and stock certificate get intoation; umpteen a(prenominal) NBK employees donated blood for the blood hospital in Kuwait.Sport initiative and contribution NBK organized walkathon to encourage people to have a discontinue health and lifestyle. Whereas for education initiative; NBK has hosted high schools and universities to agree day to day operations. loving and philanthropic initiative events do by NBK are Do Good Deeds in Ramdan this campaign offer free ftr bedspreads and Somalia shortfall relief campaign was launched to donate gold. The last but non least the conferences and seminars which were set to increase awareness about genuines issue in the society.One of the seminars was on the Global financial Crisis and its Impact on the Region; which discussed the foreign outlook. Aim of the project The aim of this project â€Å"Drug Prevention Program” is to benefit the society and this fits in with NBKs mission statement, which is to serve the national withdraws as a priority. This program go forth be level-headed for the society as it go away increase the awareness level by defining the problem, which is drug wont and then it introduces society to the elans they or the people they have it off back end prevent it and help them examine possible solutions and lead them to the right places where they screwing find treatments.After we make sure people have ample knowledge to prevent this problem, we send away expect drug usage to decrease, because they have been introduced to this problem and know all the negatives hearts drugs have on the world body. There are a lot of controversial issues in our society and drugs is one of them, so it is very important to bring this topic up to the public and permit them know that at that place is no compassion for a drug evilr to keep back that they have a problem and that they pauperism to seek therapy.There are also a lot of cultural and traditional barriers that could feign the processing of this program, so our goal is to sin and break all these barriers and let out a problem that is considered as a â€Å" forbidden” topic. It is essential to make a ill-treat now, because as we all see, it is a maturation issue and the accessibility for drugs is rightfully simplified nowadays, that is why our society demand to apply up their minds to these figure of problems or else it provide relate our future generations. Key target areasSetting objectives is really important for any organization or a project because it give let us know what we are stressful to achieve and it will increase our chances of success. Our objectives will de zippyr major benefits to this pro gram and the about important one that it will define the purpose of this project. We set for our project 4 variant objectives for our program (Operational, Marketing, Financial and CSR) and they are all SMART objectives. * Operational Objective: Conduct a seminar every cardinal week in a divergent location each metre go having diverse leaf node speakers in each location. Marketing Objective: To increase awareness and publicity of the program through sponsored events and media notifications by 20% at heart the next 3 months. * Financial Objective: To increase client base of the firm by 7% by the end of the program as a result of the programs positive effect on society. * CSR Objective: Increase confederacy welfare by decreasing level of societys drug administration 15% by the end of program. Having these objectives is care a decent tool that will help us succeed and it will keep our police squad motivated and seeks more accomplishments. Feasibility abstract MacroBefore venturing into a new project, it is important to esteem the external environment of a business and what possible impacts skunk affect the project. The threats and opportunities are external concomitantors that guide a project towards taking certain decisions over others. Social factors: Kuwait, as compared to the rest of the world, sees a chiefly high average income. This shows that the majority of the tribe in Kuwait is on the high side of the income range. Within the lifestyle veers are the increasing popularity of social media and its different usages inside societies.It is a powerful tool to present as many people inwardly society as possible. Social trends in Kuwait can affect the way people look at the Drug Prevention Program (DPP). Since drug evil is a taboo topic, tackling it publicly would reflection or so(a) kind of hesitance by the public. Ensuring that local positive public figures as a part of our program would replace the attitudes of people in Kuwait. I t would garner more publicity and receive more entrants within the program. Technological factors: The increasing usage of engineering in these times means more coverage for the DPP.People surfing the net, using social media and/or browsing through the various forms of technologies can find (or be overt to) items and events that are happening somewhat them and more information about each finding. In order to reach a larger range of people, the program unavoidably to be technologically updated in damage of websites, social media and pop-up ads if necessary. Technology moldiness also be used to enhance the quality of whatsoever is being presented and also to improve the organization and efficiency of what is being accomplished.There is no firm, program or organization deemed to be flourishing without the usage of thorough technology. The marketplace for any(prenominal) that postulate to be launched today require strict technological requirements that fill to be met so that it can connect to a wider audience. Environmental factors: There are many factors that influence industries and the industries alter by environmental factors (weather and climate changes) include tourism, agriculture and economic industries. However, there should not be oftentimes stress on what environmental aspects can affect the DPP because its nature is not affected by climate changes.As long as there will not be any significant hazard, the environmental factors can be considered as off the radiolocation for this type of DPP. economical factors: An economy affects the way a society behave and it apparently alternate their decisions depending upon how high or low it is. If the local economy has resulted in higher interest rates, this will mean that firms will be less likely to invest in what might await like an unpredictable gamble. This DPP wishs sponsorship and is based on fund-raiser events to continue the progress of the program, and not overmuch participation will happen if the economic times are low.Another factor of economy is the strength of the currency. Kuwait has a very strong currency and its affects import/exportation activities, but that will not be an issue because the program does not need much of these activities. If inflation occurs, supply will need higher salaries and this will affect the planned budget. The salaries need to be brocaded so that the staff can be satisfied when being compared to other raised salaries within the handle and industries. Political factors: When political factors are mentioned, one automatically thinks of the laws and regulations that bind an action or a project from fully taking shape.Since drug exclaim is a taboo topic, there are bound to be limits to what can be make through the project. The law in Kuwait prohibits the live showcase of drugs and imports that can be mistreated. This can somewhat barricade our performance because it will limit what the meeting can show a live audience to enlighten them on what needs to be proceeded away from. If guest speakers in the form of previous users need to be brought in to enlighten the participants, there will be restrictions due to the law not allowing prisoners to exit their cells and talk about experiences precisely once their period is over.This means that hardly ex-abusers who have finished their trials and prison time can enlighten the participants, the newly caught addicts will not be able to. It must be noted that the DPP will not focus much on current abusers who were caught abusing rather than those who willingly wanted to turn back drug and perfume abuse. Before proceed further with this project, legal frame feat needs to be conducted so that the project is clear and under the microscopic view of the presidency ensuring that no illegal limits are surpassed. legal factors:Laws banning against age and race contrast will not affect the DPP hard as the participation has no kind of restriction whatsoever. A particip ant does not even have to be an abuser, or even in contact with one. Since the jobs offered to the staff will not be permanent, there will not be a minimum wage assigned to what the private salary amount is. There is a law in Kuwait that states: any Kuwaiti national work in the private sector will receive a fixed amount each month as an addition to what a firm is handing over as a salary.This law will not be applied to the DPP because the vacant jobs offered are not permanent positions; it is only in the duration of the events that the assigned staff will be a part of the program. Permission needs to be granted from the governmental censors to give the program the green light to go ahead with the project. After permission has been granted, the banquet hall owners need to be aware of the purpose and activities of the DPP. Macro SWOT epitome Strengths: * Controversial * Good Cause * hunting lodge’s Benefit Weaknesses: * No fiscal ROI Costly * Taboo Opportunities: * Progra m puff uping upon * Rehab Formation * Brand Image Threats: * reality Decline * authoritative Competition * wanting(p) bread and butter to continue This drug prevention program has strengths and weakness. The strengths are it controversial many people might disagree to expose the idea or issue; which is before long available and increasing radically. The good cause is that it spreading awareness and leading drug addicts to the right direction. This will benefit the society by having a better livelihood and health.The weakness are that there aren’t monetary ROI; no liaison profit and it cost a lot there will be a loss in return because this campaign is setup to have better youth to have better society. Its taboo because people in the Arab realm see it as shame and don’t attempt that it exists. There are many opportunities for the program; which are to expand the program and format a rehab and come on brand image. The threats are the public descend which is the society not accepting the idea. Influential competition is another threat which other companies or banks can launch a campaign similar to ours.The last threat is the in adapted funding; not having enough bills or if NBK stops funding us. NBKs CSR programs are successful due to the background that it encompasses as many fields as it can by chance be a positive addition to. The strengths are the revolution of areas that NBK is participating in to achieve and bear an improved society. It has a diverse pick of activities: social, educational, philanthropic, sports-related and more. NBK has built a positive reputation for itself as a pioneer in merging its daily activities along with CSR activities for the forward motion of society.Currently, a weakness is that NBK is not a part of any project or program that supports the fight against drug and substance abuse. The DPP is the right step and opportunity to turn this weakness into strength. Another weakness for the CSR of NBK is th at it does not necessarily include the entire society. Without this program, people into drug and substance abuse are sidelined and not given any help or guidance. The opportunities resulting from external factors are that NBK can further push its CSR boundaries and continue in pursuing other untapped fields that need to be brought to the general publics eye.NBK releases a CSR annual report that showcases their social responsibilities towards society. It lists what NBK has done the previous form in terms of initiatives and activities. This shows how the private sectors in Kuwait are competing to be the best CSR champions with the most good done to society. This benefits the society more than it benefits the firms competing to help and improve. An opportunity in the form of program continual rises due to the strong need for initiatives upping societys standards. The next phase of the project can be adopted by NBKs refer if the program proves to be a success.Drug and substance abuse is a taboo topic in Kuwait even today. not wholeheartedly knowing what the general publics response is means that a threat is fence the DPP. There are bound to be people who do not want to associate themselves with taboo topics such as drugs which mean that there will be some kind of a reduce from a section of the public. It is vital to mensurate how the threats and weaknesses fare against the strengths and opportunities of this program. Financial Projections Cash light| |  | yr 1| Year 2| Year 3| | | | | |  | pelf profit| | | 105,050 | 105,050 | 105,050 |Depreciation| | | 105,050 | 105,050 | 105,050 | Office take away| | | 2,100 | 2,100 | 2,100 | Media cost| | | 93,500 | 93,500 | 93,500 | Staff| | | 11,000 | 11,000 | 11,000 | Transportation| | | two hundred | cc | 200 | Cash get| | | 0 | 0 | 0 | Increase in CA| | | n/a| n/a| n/a| terminate cash from operating activities| | | 0 | 0 | 0 | Renovations| | | 0 | 0 | 0 | change in FA| | | (850,000)|  |  | interlo ck cash after investing activities| | | (850,000)| 0 | 0 | slap-up induction| | | 105,050 | 0 | 0 | change in advance rentals| | | 6,300 | (417,600)| (104,400)| give notice increase in cash| | | (738,650)| (417,600)| (104,400)| | | | | |  | opening night cash relief wheel| | | 0 | (738,650)| (1,156,250)| goal cash balance| | | (738,650)| (1,156,250)| (1,260,650)| | | | | | | | | | (745,350)| (1,281,750)| (1,831,890)| | | | | | | Net lucre| |  | 26,933 | 479,733 | 493,473 | Inv Capital|  | | 0| 0| 0| ROI|  | | #DIV/0! | #DIV/0! | #DIV/0! | | | | | | | Net cashflow from operations| | | 26,933 | 479,733 | 493,473 |  | | | | | | | | | | | | Requirements In order for the project to be implemented, there are a few requirements that need to be taken in to consideration. To further promote this program, it has been mulish that seminars will be held at different schools and universities.To proceed with this we will need informal staff or speakers, and/or originator a ddicts to speak at these seminars. Another requirement would be fit up booths and banners in Avenues, Marina Mall, and 360. Also for spreading the word about this program in less expensive way we will be intent different brochures and handing them out at the seminars and booths. any(prenominal) of the other activities that will be done are fundraisers and getting different sponsorship’s to boost the program. For this to be done operationally speaking we will need sufficient staff to arry out the tasks and/or guest speakers, money for printing and equipment, vehicles, and having meetings and presentations. The staff will need to be able to excogitation the brochures and banners, set up booths, and be informal about the program to deliver the marrow in meetings and presentations. give care most projects money is a key factor to get the job done. We will need money for gas, staff, printing, and other equipment. Technically the program is liberation to require computers f or emailing and organizing with school officials and NBK members also to stay financially organized with sufficient data.For this program to run smoothly we must also focus on logistics. Organization and mean are a must for find which schools or universities and which dates are the most enamor and effective. As mentioned earlier the three malls were chosen for the banners and booths, because they are the most popular and seem to be the most effective for grasp the target audience. Some good locations for the seminars could be reception halls and popular locations that can be rented, for the presentations and meetings on the other the NBK meeting room seems to be most suitable for our program.Viability In terms of Return on investiture Viability, our project will not be gaining any monetary returns directly since it is a non-profit program. For the ROI formula we will calculate zero (no profit) divided by 105,050 (for one year) which will be equal to zero part financial gain. T he total investment postulate is 315,150 for the three years of the program. Our ROI for the first year will be zero. Competitive Viability Like any project, the Drug program will need to be viable and sustainable with regards to competition.This means that our program can depart long-term and eventually gain profit while competing with similar programs in Kuwait. In Kuwait however, there is already some competition. One major competitor is the National Anti-Drug Committee. This committee was founded in 1989, and their main goals are similar to our program’s goals, which are to focus on the youth and the auspices of the health of society. Also similar to our goals is the fact that they are trying to introduce some awareness amongst the education fields. Although there is some competition already in the market, we deal that program can become more competitive nce introduced, because we will be on the job(p) with NBK which is a very popular bank, peculiarly among the yout h. The National Anti-Drug Committee is not well known in Kuwait, yet has been around for many years. Although this is true about the National Anti-Drug Committee, our program will still have a competitive advantage working with NBK. Also we are going to be introducing many guest speakers at different seminars through different schools. We will be bringing people who have abused drugs and overcame these issues, which will have a massive impact on people in a society like Kuwait.Another thing that our program is going to offer is setting up different fundraisers throughout Kuwait to raise awareness about the sombre nature of drug abuse. These different activities that our project will be conducting will give our company and program a more competitive edge in the market. Economic Viability In order for our drug program to be viable economically, it will need to create different job opportunities and possibly attract people to work at NBK. This program is an extremely controversial e xertion in a society like Kuwait where the issue of drugs and drug abuse is a taboo subject.By confronting the matter and present people how serious and spread out this problem is in Kuwait already, we can show people that NBK cares about this and is not afraid to be associated with fighting it. The project for NBK will require staff and/or volunteers. This will create job openings for anyone interested. It may even attract people to work for NBK, because it shows that they care about and are giving back to society. This further promotes NBK’s hatful to benefit the society where they function. References * Fattahova, N. (2012). Awareness campaign to prevent drug abuse . ttp://news. kuwaittimes. net/2012/08/22/awareness-campaign-to-prevent-drug-abuse/. Last accessed 11th Nov 2012. * Kuwait. nbk. (2012). active NBK. http://www. kuwait. nbk. com/about/disclosures/default_en_gb. aspx. Last accessed 10th Nov 2012. * Murray, J. (2012). Viability (of a business). http://biztaxlaw . about. com/od/glossaryv/g/viability. htm. Last accessed 9th Nov 2012. * Vyakarnam, S . Writing a business plan, clarification and preparation †the market approach. http://https://docs. google. com/viewer/. Last accessed 14th Nov 2012 AppendixCashflow| |  | Year 1| Year 2| Year 3| | | | | |  | Net profit| | | 105,050 | 105,050 | 105,050 | Depreciation| | | 105,050 | 105,050 | 105,050 | Office Rent| | | 2,100 | 2,100 | 2,100 | Media costs| | | 93,500 | 93,500 | 93,500 | Staff| | | 11,000 | 11,000 | 11,000 | Transportation| | | 200 | 200 | 200 | Cash profits| | | 0 | 0 | 0 | Increasein CA| | | n/a| n/a| n/a| Net cash from operating activities| | | 0 | 0 | 0 | Renovations| | | 0 | 0 | 0 | change in FA| | | (850,000)|  |  | Net cash after investing activities| | | (850,000)| 0 | 0 | Capital induction| | | 105,050 | 0 | 0 | hange in advance rentals| | | 6,300 | (417,600)| (104,400)| Net increase in cash| | | (738,650)| (417,600)| (104,400)| | | | | |  | Opening cash balance| | | 0 | (738,650)| (1,156,250)| Closing cash balance| | | (738,650)| (1,156,250)| (1,260,650)| | | | | | | | | | (745,350)| (1,281,750)| (1,831,890)| | | | | | | Net Profit| |  | 26,933 | 479,733 | 493,473 | Inv Capital|  | | 0| 0| 0| ROI|  | | #DIV/0! | #DIV/0! | #DIV/0! | | | | | | | Net cashflow from operations| | | 26,933 | 479,733 | 493,473 |  | | | | | | | | | | | | | | | | | | ROI computer science Amount of Financial Gain heart and soul Investment Amount 0 0 105. 050\r\n'

'Angel Broking Ltd.\r'

'ORGANISATION education ON angel Broking Ltd. Sigra, Varanasi, Uttar Pradesh By Ashish Om (PB1104) & group A; Jeswin George (PA1114) stem No. 53 Submitted to: UNIVERSITY OF MYSORE II SEMESTER INTERNSHIP †organisational contemplate BATCH OF 2011 †2013 Through circumscribe familiarity letter3 CERTIFICATE FROM THE GUIDE5 CERTIFICATE FROM THE GUIDE6 ACKNOWLEDGEMENTS8 Ch experter 19 Industry Profile9 CHAPTER 213 COMPANY PROFILE13 disdain Branches of paragon Broking16 backer crowd Consists of:16 Our muckle20 Our shibboleth20 Our CRM insurance: lymph node is King20 Business philosophy @ angel Broking20 tone Assurance indemnity @ apotheosis Broking20 CHAPTER 321 ORGANISATIONAL HEIRARCHY21 CHAPTER 425 STUDY OF FUNCTIONAL DEPARTMENTS25 4. 1 HUMAN option DEPARTMENT26 4. 2 IT and Media29 4. 3 foodstuffing Dep artistic creationment30 4. 4 sugar incision31 CHAPTER 544 work up ANALYSIS44 CHAPTER 647 CONCLUSION & angstrom; SUGGESTIONS47 CHAPTER 753 BIBLIOGRAPHY53 C ompe real Letter Company Letter CERTIFICATE FROM THE GUIDE This is to plump for that this Internship trace on organizational hold at holy man Broking especial(a) is a bonafide flying field of force of Ashish Om, carried stimulate a air at a unhopefuler place my centering and supervision. touch: BANGALORE DATE:Prof. Y.Poornima CERTIFICATE FROM THE GUIDE This is to certify that this Internship Report on Organizational Study at nonp atomic enactment 18il Broking moderate is a bonafide pick up of Jeswin George, carried pop under my guidance and supervision. PLACE: BANGALORE DATE:Prof. Y. Poornima DECLA symmetryN We hereby decl ar that this Internship Report on Organizational Study at ANGEL BROKING contain submitted in partial fulfilment of the destiny for II Semester MBA Degree examinations 2012 of University of Mysore by means of and through Ramaiah show of focal pass Studies is our original meet and non submitted to any opposite university.This graze has been through with(p) under the supervision of Dr Y. Poornima in Ramaiah demonstrate of Management Studies, Bangalore. Place: Bangalore Date: Ashish Om (11MB50 ) Jeswin George (11MB5071) ACKNOWLEDGEMENTS startle of each, we would worry to thank the Almighty theology for blessing us with the strength, aptitude and pains for harvest-timeively completing my internship and this report. I would compar qualified to thank my Faculty Guide, Prof. Y. Poornima for giving me the luck to contrive with her during my spot of internship.I issuance hold been commensurate to compile and complete this report in a comprehensive elbow room due(p)(p) to the guidance, support and counselling that she has provided me with during this period. I pass tried my best to implement her creative suggestions tour doing my report. I would in addition the uniform to take this opportunity to thank the guidance of apotheosis Broking. Ltd for providing the support to do this Internship. My h mavenst gratitude goes to Mr. G. N. Chowdry: Manager and Consultant Mines, Mr. Haroon Ahmed: In mien Mines, Mr. Arshad Ahmad: Deputy interrogative sentence Chemist, Mr.Farooq Ahmed: Electric train and to Mr. Shakeel Ahmed: In Charge Cement grinder for giving me time from their busy schedule, providing me with reading that was required to complete the report, and for guiding me correctly through step forward the period of my internship. I would in addition worry to thank e very(prenominal) last(predicate) the employees of Saifco Cements Pvt. Ltd. who have support me and co-operated with me during my internship period. Fin tot bothyy my sincere thank go to each and both unity who has athletic supportered and supported me signifi piece of tailtly in different stages during the period of my internship. Chapter 1 Industry ProfileTo take in the paleness grocery store and maintain and cope up with the ripening competition from the conglomerate online occupation provider s, Broking Company exigencys to find potential guest and oerly tar set forth the new investors. The drift is universe do to train the flock ab knocked out(p) the whole procedure inbred to go or so an online traffic account advert with demat account. The labor leave alone benefactor in exploring the argona where there is the feasibility of acquiring much new investors. It would in any case help in k at presenting the versatile competitors of the persistence and exploring the aras through which competitive advantage could be obtained. . 1 What is a source Market? A storehouse securities manufacturing or virtue mart place is a existence entity (a loose ne bothrk of economic transactions, non a physical facility or discrete entity) for the trading of fel measlyship melodic line (sh ars) and differentials at an agreed hurt; these argon securities listed on a sway reciprocation as hale as those and foxinessd tete-a-tetely. The size of the domain of a function furrow merchandise was estimated at rough $36. 6  integrity jillion one million million million at the beginning of October 2008. The quantity domain of a function derivative instruments grocery store place has been estimated at about $791  one million million face or nominal prize, 11 times the size of the entire world economy.The value of the derivatives marketplace, because it is countryd in attain of notional values, bathnot be guide only comp bed to a germinatepile or a frigid income security, which tradition tout ensembley refers to an actual value. Moreoer, the vast legal age of derivatives ‘ bathroomcel each separate out (i. e. , a derivative ‘bet on an event occurring is equilibrate by a comparable derivative ‘bet on the event not occurring). to a greater extent than much(prenominal) comparatively il fluidness securities atomic number 18 value as marked to model, preferably than an actual market damage.Th e originations ar listed and craftd on shoot shew-and-takes which atomic number 18 entities of a corpo symmetryn or mutual organization specialized in the moving in of bringing defileers and sellers of the organizations to a tilt of stocks and securities together. The largest stock market in the united States, by market chief cityization, is the New York express transmute (NYSE). In Canada, the largest stock market is the Toronto assembly line Exchange. Major European ex spaciouss of stock exchanges take the Amsterdam subscriber line Exchange, smashing of the united Kingdom Stock Exchange, Paris Bourse, and the Deutsche Borse (Frankfurt Stock Exchange).In Africa, ex vitamin Ales take on Nigerian Stock Exchange, JSE Limited, and so forth Asian examples imply the Singapore Exchange, the Tokyo Stock Exchange, the Hong Kong Stock Exchange, the Shanghai Stock Exchange, and the Bombay Stock Exchange. In Latin America, there be much(prenominal)(prenominal) exchan ges as the BM&F Bovespa and the BMV. Market participants let in man-to-man sell investors, institutional investors such as mutual memory boards, banks, insurance companies and escape pecuniary resource, and similarly publicly traded corpo symmetryns trading in their feature deals.Some studies have suggested that institutional investors and corpo proportionalityns trading in their own divvy ups gener entirelyy receive melloweder(prenominal) risk-adjusted pictures than sell investors. 1. 2 What is Stock Broking? The routine of investing in the sh atomic number 18 market, any individu everyy or through a broker is cognise as stock broking, in simple frontiers. This is primarily do by opening a Demat account. If done through a broker, he opens an account, constituent you to operate through online stock broking facility. sledding a offer the broker suggests investiture ideas and strategies accommodate individual requirements and al-Qaedad on his mark of invest iture.Tenure of enthronisation, the selected fiscal instruments and their respective companies, the schemes, the risk f etceteraing competency, the sum useable for investiture, solely be considered while forming enthronization choices. After the derive of nifty is invested, the broker runways and monitors the investments, changes or reinvests dep culminationing on the consummation and generates reports for them. This entire cognitive process is known as stock broking. To understand the faithfulness market and maintain and cope up with the ontogenesis competition from the discordant online trading providers, Broking ships spicy society needs to find potential guest and everywherely target the new investors.The project is being done to train the bulk about the whole procedure whole(prenominal) signifi plentyistert(p) to open an online trading account susp prohibiter with demat account. The project will help in exploring the area where there is the feasi bility of acquiring more new investors. It would a akin help in knowing the respective(a) competitors of the industry and exploring the areas through which competitive advantage could be obtained. 1. 2 Who is a Stock broke A stockbroker is a regulated schoolmaster individual, usu altogether(a)y associated with a brokerage staunch or broker-dealer, who buys and sells shares and otherwise ecurities for some(prenominal) retail and institutional clients, through a stock exchange or over the counter, in re loose for a fee or commission. Stockbrokers are known by many pro designingations, depending on the license they hold, the eccentric of securities they sell, or the function they provide. In the United States, a stockbroker must pass both the Series 7 and Series 63 exams in order to be licensed. In near English speaking venues, the cardinal word destination stock broker, like stock brokerage, averageally applies to the brokerage religious beliefy, kind of than to the individual. CHAPTER 2COMPANY PROFILE 2. 1 nonsuch Broking Limited Date of Establishment: 1987 Market poll: Rs. 725 crore (January 27, 2006) Address: G-1, Akruti Trade Center, Road No -7, MIDC, Andheri (E), Mumbai †400093 Branches: Andhra Pradesh, Gujarat, New Delhi, Haryana, Karnataka, Maharashtra, Madhya Pradesh, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal ideal Broking provides retail related function get married Ebroking, enthronization Advisory, Portfolio Management run, Wealth Management run and Commodities occupation. It is a ingredient of Bombay Stock Exchange and National Stock Exchange.It is as salubrious a registered depository participant with CDSL. The ships alliance has a relaxed work atmosphere which thrives upon military man values, co-ope symmetryn, trust and respect. It retards vocation harvest-festival to its employees with ample introduction to fruition line practices. It has employee friendly HR policies which gives security and fair progresss. 2. 2 cleverness into holy person Broking saint Broking Limited is one of the leading and professionally managed stock broking dissolute involved in quality work and breast for. apotheosis Broking Limited is a merged member of The Stock Exchange, Mumbai.The membership of the company with The Stock Exchange Mumbai was originally in the name of Mukesh R. Gandhi, which was eventually turned into a incorporate membership in the name of backer Broking Limited. holy person Broking Limited is managed by Mr. Dinesh Thakkar and he is well supported by Mr. Mukesh Gandhi, a fifteen eld ex-divine serviceman in the market. The group is well supported by a professional and copacetic research aggroup and efficient opeproportionns and back office group, which follows of noblely commit and qualified individuals. ideal has an in-house, state of art research division. backer believes in reaching out to the customer at the farthest end rather than by reaching out to them. The company in its endeavour to give its client the best has opened up several ramifyes all over Mumbai, which are expeditiously blendd with the Head Office. paragon Broking Limited is primarily into retail stock broking, with a customer base of retail investors, which has been change magnitude at a increase emersion rate of 100% every class. The company has huge ne twork sub-brokers in Mumbai and other places out-of-door Mumbai, registered with SEBI, who act as chanel partners for the company.The company presently has a keep down staff strength of al more or less one hundred fifty employees who are spread accordingly cross politic the head office and all the branches. backer has empowered its physical bearing throughout India through versatile strategies which it has been adopting efficiently and efficaciously over a period of time, like opening up of branches at various places, tie-ups with various agencies and swinish exchanges agents, buy-outs of ti nyer regional outfits and appointment of sub-brokers and franchisees. Moreover ideal has been water faucetping and including high sugar-worth and self- busy individuals it its vast array of clients.Angel has endlessly strived in the direction of delivering ultimate client satisfaction and developing stronger bonds with its customers and chose partners. Angel has a vision to introduce new and ripe crossings and function regularly. Moreover Angel has been one among the inducts to introduce the latest technological innovations and integrate it efficiently inside its phone line. Angel Brokings allotment with excellence in customer notifications began in 1987. It has emerged as one of the most respected Stock-Broking and Wealth Management Companies in India.With its unique retail- decocted stock trading strain model, Angel is move to providing ‘Real time value for Money’ to all its clients. The Angel sort is a member of the Bombay Stock Exchange (bovine spongi form encephalitis), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the surface area: NCDEX ; MCX. Angel is in any case registered as a sedimentation Participant with CDSL. Business Branches of Angel Broking * fair-mindedness Trading * Commodities * Portfolio Management Services * shared computer memorys * Life amends * IPO * Depository Services * Investment AdvisoryAngel collection Consists of: * Angel Broking Ltd. * Angel Commodities Broking Ltd. * Angel Securities Ltd. 2. 3 The Management @ Angel Broking Mr. Dinesh Thakkar â€Â  get together Chairman ; Managing theatre director The Angel Group of Companies was brought to lifespan by Mr. Dinesh Thakkar. He ventured into stock trading with an intention to raise with child(p) for his own independent enterprise. However, he recognize the opportunity offered by the stock market to serve individual investors. Thus India’s scratch line retail- tapered stock-broking house was established i n 1987.Under his leadership, Angel became the first broking house to embrace new technology for faster, more potent and affordable go to retail investors. Mr. Thakkar is wanted for his understanding of the economy and the stock-market. The print and electronic media oft seek his ingests on the market edit as well as investment strategies. Mr. Lalit Thakkar â€Â  manager †Research Mr. Lalit Thakkar is the do force behind Angel’s highly acclaimed Research team. He’s been a part of the senior circumspection team since the Angel Group’s inception.His technical and perfect outlook has provided whim to Angel’s market research team. Research- give ; personalized informatory services are Angel’s forte, and Mr. Lalit Thakkar has undoubtedly been the card behind it. When it comes to analyzing the market, Mr. Lalit Thakkar is truly a genius. His hands-on own and fundamental knowledge of the market lavatory predict the market trend ear ly. His pots on the market trend are often quoted in the print and electronic media Mr. Amit Majumdar â€Â Chief Strategy Officer A chartered Accountant by qualification, Mr.Amit Majumdar is a cutpurse upon member of Angel’s strategical decision- make process. He has been with the group since wondrous 2004. He has handled several functions of the group like finance and opeproportionns, to name a a few(prenominal). He has rich experience in finance, investment banking, treasury, consultancy and advisory services. Mr. Majumdar has led many successful initiatives for the group. Before joining the Angel Group, Mr. Majumdar has been associated with Rabo India Finance, range of mountains Corporate Finance and Ernst ; Young. Mr. Sachin Joshi â€Â  administrator music director ; CFO Mr.Sachin R Joshi brings with him over 19 eld of experience handling strategic spotlights in Business trading ope symmetryns ; Finance. He to a fault has hands-on experience in Resource Raising, Strategic Planning, Business Restructuring, exoteric Listing (Local/ Inter subject), etc A consume ; a represent Accountant by qualification, Sachin is alike a post graduate in Law and has completed a one grade Certificate Program (BLP II) from IIM (Kolkatta). He has been associated with reputed households such as Navneet Group of Companies, lupine Laboratories Ltd and Infrastructure Leasing ; Financial Services Ltd. (IL;FS).His wear assignment which duoned over 11 yrs was with IL;FS Invest smart Group where he worked in various capacities such as Chief Financial Officer, administrator Director- Finance ; Ope balancens and Chief operate Officer Mr. Vinay Agrawal â€Â Executive Director †blondness Broking Mr. Vinay Agrawal leads the Equity Broking note at Angel, which comprises Business Development, Ope dimensionns, Product Development and E-broking initiative. He is alive(p)ly involved in exploring new slipway to adopt technology for dividing li ne enhancement.A Chartered Accountant by qualification, Mr. Agrawal began his f light up with the Angel Group as Finance and Ope dimensionns Consultant, and since accordingly he’s speedily climbed up the corporate ladder. Mr. Nikhil Daxini â€Â Executive Director †blunt gain revenue and merchandise With an MBA in finance, Mr. Nikhil Daxini has been implemental in introducing the thought of professional merchandise of broking services at Angel. His area of focus is Business Development, Risk Management and Ope symmetryns. Mr. Daxini has bulky experience in the trade of mo realiseary products and services. He has been associated with HDFC deposit Ltd. n the past. Mr. Mudit Kulshreshtha â€Â  Executive Director †Business Intelligence ; Analytics Mr. Mudit Kulshreshtha heads the call up analytics and strategic business intelligence component part at Angel. With a Bachelor’s degree in engineering and PhD in Economics, Mr. Mudit Kulshresh tha has more than 12 years experience in the field of strategy and business consulting. He has been associated with reputed consulting crockeds like Deloitte Consulting India, Ernst and Young, Arthur Andersen and WNS Global. He has certified several big clients in the U. S. and U. K.He is as well as a known speaker at public seminars and conferences organised by CII, NASSCOM, Indian School of Business and IIT. Mr. Santanu Syam â€Â  Executive Director †Ope proportionalityns Mr. Syam brings with him over 18 years of experience in the field of feat Banking, Wholesale Banking, Treasury Banking, Consumer Banking and CBS. He started his career with ANZ Grindlays Bank and he was too associated with hackneyed Chartered Bank in India as Director Transactional Head Banking. Mr. Syam followed up his Engineering degree with an MBA. He has likewise attended Banking ; Technology seminars organised by SCB Singapore, BSE India ; Euro Finance. —————&# 8212;—————————— ————————————————- 2. 4 KEY DEVELOPMENTS FOR ANGEL BROKING LTD. Angel Broking Ltd. to Invest INR ccc Million in Financial Year 2010 Angel Broking Ltd. announce that it is cookery to invest around INR 300 million this financial year for expanding its branch dischargework. The company is looking to invest around INR 250-300 million in this financial year for expanding its cyberspace by 50 branches. The investment is in line with expansion strategy which sees huge potential in the coarse call.Under its expansion plans, the company would focus on few areas in the northern and grey regions including Punjab, Haryana, New Delhi, Tamil Nadu and Karnataka. The flying is withal eying to tap semi-urban pockets which have huge investment potential. Angel Broking In Talks To contrisolelye Funds Angel Broking Ltd. pl ans to finalize INR 2 one million million †INR 2. 5 billion fund lift plans surrounded by December 2009 and frame 2010. Dinesh Thakkar, Angel Broking’s CMD said, â€Å"We are got active invade from the US and UK-based institutions. We are open to diluting a signifi washbasint stake. He did not reveal the valuations, because discussions were still in a preliminary stage. Angel Broking Ltd. Announces Executive Appointments Angel Broking Ltd. announced four key-appointments for its domestic opeproportionns. Hitungshu Debnath has been name as the head of its dispersion ; wealth focal point services while Mudit Kulshreshtha will take over as the head of strategic business intelligence and mod analytics initiatives. The company has also named Adil Kasad as the Chief Financial Officer (CFO) and Santanu Syam as head of retail ope symmetryns across all business verticals. 2. Angel Broking Credentials Our Vision To provide best value for coin to investors through innova tive products, trading/investments strategies, state of the art technology and personalized service. Our Motto To have complete harmony amid quality-in-process and ceaseless improvement to deliver exceptional(a) service that will delight our Customers and Clients. Our CRM Policy: Customer is King â€Å"A Customer is the most Important Visitor on our premises. He is not dependent on us, barely we are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business.He is part of it. We are not doing him a favour by serving him. He is doing us a favour by giving us an opportunity to do so. ” †Mahatma Gandhi Business Philosophy @ Angel Broking Ethical practices ; transparency in all our relations Customers quest group preceding(prenominal) our own Al ways deliver what we stipulation Effective cost attention Quality Assurance Policy @ Angel Broking We are committed to providing world-class products and servic es which pass off the expectations of our customers, achieved by teamwork and a process of endless improvement.CHAPTER 3 ORGANISATIONAL HEIRARCHY 3. 1 ORGANISATIONAL CHART 3. 2 Product Profile A product profile is an outline of the description of a product. The amount of detail contained in it varies with the elan of the tuition sheet. It is not a precondition sheet. It is a widely distributed description of the various products and services offered by a specific company or devoted. This one is rather detailed, but note the difference among this and the Specifications detail. The following products are offered by Angel Broking in the process of its functioning: * Equity Trading Commodity Trading * Mutual bills promotion * Depository services * Margin Financing * NRI-Desk Management proximity to stock exchanges and banks. Equity Trading: For the first time Angel Broking investing advantageouslyness the power to be associated with the elite dealing rooms and license to e xecute trade on their own. That is one whitethorn trade from their branches or trade own over the net and with that expertise and assistance. Depository Services: Angel Broking is among the few major Depository Participants holding securities worth more than Rs. 6000 crore under its management .RSL provides depository services investors as a depository participant with NSDL and CDSL. 16 Commodity Trading: Commodities are a word originated from the French word ‘ goodness’ means benefit proceeds. Angel commodities Limited is a member of both the exchange (MCX ; NCDEX)that allows trading in all the commodities traded at both the exchange . At present, trading in commodities is restricted to coming(prenominal)s contracts only. Benefits of Commodity Trading: To investors: Investors continuously look for alternative investments avenues where they mass diversify their bullion to achieve their financial goals.In financial market, commodities have rapidly emerged as a major investment mechanism as they help in diversifying investments and to hedge over against inflation, greatest threat to any investor. rough-cut FUNDS SERVICES: Angel Broking is also promoting mutual gold of all companies. bodily ADVISORY GROUP: Corporate advisory group provides various closures to corporate banks and financial institutions son the management of debit, law and investments. The service extends from advising client to earn maximum pelf by investing through selected cover like MF/PMF etc.PORTFOLIO MANAGEMENT formation: Portfolio management services manage client’s wealth more efficiently avoids risk by diversifying across assets, sectors and finances, and maximizing returns at managed levels of risk . This service could also be called as â€Å"transparent embodied investments”. INVESTMENT BROKING DIVISION: Angel Broking provides innovative, co-ordinated and best †fit solutions to their corporate customers, it is continuous endeavo ur to provide value enhancement through diverse financial solution on an on- release basis, through products like corporate debt , private equity , IPO, ECB, FCCB, GDR/ADR etc.CHAPTER 4 STUDY OF FUNCTIONAL DEPARTMENTS ————————————————- 4. 1 HUMAN imagination DEPARTMENT Work Culture At Angel, exploring of new paths to provide the best value to all our internal and external customers is carried out. Angel Broking considers battalion as their biggest asset and believes in creating farseeing full term bloods by nurturing talents from within. A fast-growing, forward-looking organization like Angel, demands HR to be a key business area of our core management team.The HR team constantly seeks ways to enhance and augment the knowledge base and productivity of all Angels by providing various observeing and development Programs. The three layer Leadership Development syllabus helps all sta r performers to grow and develop their managerial achievements to move effective mentors for their teams and thereby take on the next level of responsibility effectively. Angel’s is a engaging team of highly determined, motivated, and adaptable people, all work diligently to take Angels kindle success story forward.HR Philosophy At Angel, People come first. A extensive with the customers, the employees are equally vital to the organization. The Business of HR is to foster an enterpriserial spirit †whereby Angels can operate with ownership as an entrepreneur ( receipts center) within the confines of their job character and earn over and supra their rigid salaries. Angel believes in inculcating a guts of responsibility and ownership in all Angels which brings out the entrepreneurial zeal to explore potential within as well as beyond job boundaries.Our HR Philosophy is to engage employees at professional, aflame and material levels: * We aim to create an enviro nment conducive to both personal and professional development of the employees, leading to a plentiful and happy work force * Angel believes that people impact business and whence each and every Angel is a key resource and a worthful asset * Our business philosophy of being transparent in all our dealings with our customers, is equally applicable in dealings with employees * We encourage initiative, provide professional freedom and empower Angels based on trust Employee EngagementTeam HR at Angel works effectively to create a work environment and performance culture that fosters team spirit and enhances employee productivity through penury and positive ambition. * Our HR team is continually on the job(p) to dimensionnalize and restructure measures to hold back break out employee relationship management, employee communications and relations, enlisting and training need psycho digest; program design and implementation, performance evaluation and other work-life initiatives. work Management Core fragrance of Performance Management arrangingsThe core ups fiery of PMS is to build and strengthen the team member’s ‘Connect’ with Angel Broking through: * Enrolling the team member to Angel’s vision * Meaningful intricacy * Meaningful dialogue * Openness to give and receive feedback * Compliment achievements * Focus on the team member’s growth to enhance performance| | The whole focus of PMS is to look for goodness in a person. The onus is on the managers to look for that goodness, identify strengths and try to create a manipulation around strengths rather than acquiring bogged down with weaknesses.The Performance Management scheme at Angel has reduced manual intervention to a minimal level. The full integrated online system uses sophisticated tools such as national and regional stack ranking, performance bands and rank based recommendations. wholly this is supported through one-on-one synergistic feedback & coac hing session with team. Performance character references are received for olympian expected targets and there are equal opportunities for all employees to earn rewards with no swiftness limits. Performance acknowledgement structures have been worked out differently for various categories of employees.Career Why you should anyone work with Angel Broking? * Fast paced, enriching career with word picture to best business practices * Fair compensation & opportunities for growth / promotion based on merit * Vibrant work culture and opportunities for training, recreation and social interaction * Progressive HR policies with an open adit approach and proactive processes to maintain high morale * Security of employment, subject to borderline acceptable performance Leadership honorary society Learning is a continuous process at Angel Broking.We identify the strengths of employees and design training programs to build their strong points and scourge their go aroundcomings. We p repare our employees for future positions with training and by encouraging the learning process. This helps them to move towards their career objectives efficiently. We also employ various people development initiatives like E-learning opportunities for functional & behavioural skills through video conferences and through our employee portal. Our E Wise †Be wise Program provides every Angel with 24×7 access to all pertinent information about Angel.This encourages employees at all levels to upgrade their knowledge constantly and turn over their learning’s in the daylighttime to day work to achieve high productivity and customer satisfaction levels. 4. 2 IT and Media The rapid innovation in the field of information and communication technology has direct up serious challenges for the stock broking industry in India. The use and application of information technology in wide variety of insurance agent’s ope proportionalityns has now become strategic in the sense that it has direct impact on the productivity of resources, and a sweeping impact on step-down the case of various activities.With the arrival of private brokers, the competition has become more bright and an important role is being contend by the stock broking sector. Angel Broking has been maintaining a proper Management cultivation System for the proper enter of the information of all images in stock(predicate) to them. This helps them to assess the information and see it for any kind of priority requirements. For any technology related lines that needs to be unyielding, Angel Broking takes a time span which is dependent on the severity of the problem. It takes around a day or a week’s time to get the technology unflinching if it is a tiny-scale problem.Employees at the IT department get it inflexible at the earliest and avoid upthrow which enhances a smooth catamenia of activities in the organization. At Angel Broking, the impact of Information Technology can be seen in the other departments also: market department: In this department IT has facilitated the selling executives to up sale the business and meet the business delegates with new technology and features of the their business. Finance Department: Angel Broking uses computerized accounting system which has built the department to work with accuracy and reli superpower. human beings resource department:The human resource department at Angel Broking also uses information technology to maintain databases of information run intoing the employees working(a) in the organization and their details. Since Angel Broking is basically a stock broking mansion, they in general concentrate on Press releases, Events and very few TV commercial Ads. 4. 3 marketing Department The meaning of marketing has changed with the passage of time. In the modern times, the concept of marketing has been changed entirely due to trigger-happy competition. Markets are no longer local an esthetic but they have become national as well as outside(a) in character.In the past marketing was often referred as selling but now it has been realized that marketing is different from selling. Marketing department takes care of the marketing of all the products of the company. It helps in the increase of the business. It plays the major role in making the people aware(predicate) of their product. It concentrates on making the strategies of how to increase the coarse revenue of the products. How they can segment the market to tap out its maximum potential mesh. It also works on gross sales promotion to increase the sales of company. According to J. F.Pyle, â€Å"Marketing is that phase of business activity through which human wants are satisfied by exchange of goods and services”. Also marketing is the process of discovering and translating consumer wants into products and services specifications. Marketing differs in surrounded by products and service based organiza tions. As in manufacturing wets there is a product but in service-based organization the marketing has to be done of an intangible thing. In the Marketing department, we were condition the opportunity to learn new things by observing and interacting with the Marketing team of the company.I was involved with creating Product Invoice, recording and tracking the sales call from the distribution channel, analysing some sales figures of the company, and pickings feedback and complaints from the customers via yell and e-mail while working in the Customer Service Department. 4. 4 Finance Department This department keeps the proper track record of all the transactions taking place. It maintains the record of all the broking being carried out in our office. symmetry analysis of financial statements It is a systematic use of symmetrys to correspond/ assess the performance and status of the planetary house. A symmetry expresses a mathematical relation between two quantities. * Ratios are tools providing us which clues and symptoms of underlying conditions. Ratios can help us to identify areas requiring further investigation. * The usefulness of proportion depends on the quality of the numbers in their calculation. That is our cogency to draw useful insights and institute valid intercompany comparisons is enhanced by our skill in adjusting reported numbers prior to inclusion in these analyses. * Ratios are explainable only in comparison with 1) front proportions 2) Predetermined standards. 3) Ratios of competitors.Ratio analysis of a tighten’s financial statements is of quest to shareholders, referenceors, and the blotto’s management. Stockholders are interested in the fast(a)’s circulating(prenominal) and future level of risk and return, which directly hazard the stock price. The firm’s ground level creditors are primarily interested in the briefly-term liquidness of the company and in its skill to rush interest and headland wagess. intimate management is adverted with all aspects of the firm’s financial performance. Therefore, they attempt to conjure up financial symmetrys that will be considered affirmatory to both owners and creditors.Additionally, management uses proportionalitys to monitor the firm’s performance from period to period. unforeseen changes or variances are identified to impound developing problem areas. IMPORTANCE OF RATIO ANALYSIS Ratio analysis does two things, straight off. The first thing is it allows the company to canvass itself with other like companies. If management feels things arent passing play well, they can help pinpoint the problem through comparing their dimensions with other companies. They may have several proportions that are comparable, but a couple which are way off. That might be where the problem is.Also, proportionality analysis may help by comparing your company with prior periods. If a particular proportionality is decl ining when it would be let out if it were staying the same or change magnitude, then again looking at the proportionalitys are important to find out where the problem lies. Ratios are important to spot trends soft. Types of dimensions: Ratios can be classified into six broad groups: 1. runniness symmetrys 2. Capital structure/ leverage symmetrys 3. favorableness proportionalitys 4. Activity/ energy proportions 5. Integrated analysis of symmetrys 6. Growth dimensions. 1. Liquidity Ratios: It is the ability of a firm to satisfy its defraud- term obligations as they become due.The importance of adequate liquid state in the sense of the ability of a firm to meet rate of flow / short â€term obligations when they become due for reconcilement can hardly be overstressed. a) circulating(prenominal) Ratio: menses Ratio is the proportion between up-to-date Assets and contemporary Liabilities. It reason by dividing menstruum Assets by stream Liabilities. underway asse ts include all assets, which can convert easily into near money within a year. live assets include hard currency in hand, exchange at bank, debtors, stock, and money at short or call notice etc. incumbent liabilities are the sum of all hort-term payables within a year, which include Sundry Creditors, Bills payable, Bank overdraft, Expenses salient(ip) etc. the received proportion of a firm measures its short term solvency that is, its ability to meet short-run obligations. As a measure of short-term afoot(predicate) financial fluidity, it indicates the amount of online assets for sale for each amount of underway liability. reflexion for finding current symmetry is prone below. authentic Ratio = Current Assets/Current Liabilities Current Ratio = Current Assets/Current Liabilities logical implication of the symmetry Current proportion provides a borderline of safety to the creditors.In a sound business, a current proportion of 2:1 is considered an ideal one. Curren t ratio indicates firm’s ability to pay its current liabilities, i. e. day-to-day financial obligation. Current ratio is an great power of the firm’s financial stability i. e. , an index of technical solvency and an index of the strength of working jacket, which means superfluity of current assets over current liabilities. high ratio more than 2:1 indicates sound solvency position. start out ratio less then 2:1 indicates inadequate working hood letter. b) warm ratio: riotous ratio is also known as liquid ratio or Acid test ratio. right away ratio shows the liquidity of the business. bustling ratio is the ratio between speedily assets and right away liabilities. The term rapidly asset refers to current assets, which can be converted into, exchange immediately or at a short notice without diminution of value. mobile assets comprise of all current assets subtraction stock and pre paying expenses. The formula to find quick ratio is as follows. Quick Asse ts = Current assets †(Stock + postpaid expenses) Quick Assets = Current assets †(Stock + Prepaid expenses) Quick liabilities comprises of all current liabilities minus Bank over draft.Quick Ratio = Quick assets / Quick Liabilities Quick Ratio = Quick assets / Quick Liabilities The formula is shown below: Quick Ratio = Quick assets/Current Liabilities Quick Ratio = Quick assets/Current Liabilities significance of the ratio It is the true test of business solvency. Generally an acid test ratio of 1:1 considered as satisfactory, by that a firm can easily meet all current claims. Higher ratio more than 1:1 indicates sound and good financial position. If the ratio is less then 1:1, that is, liquid assets are less than current liabilities, the financial position of the concern shall be deemed to be unsound.This ratio gives a picture of firm’s ability to meet its short-term debts out of short-term assets. If less the quick ratio, higher the incidence of list in inflatin g the current ratio and higher is quick ratio, the incidence of inventory in inflating the current ratio is less. c) cyberspace working capital: Working capital is the lifeblood of the business. Working capital refers to that part of the firm’s capital, which is apply for support short term or current assets, such as, bullion, marketable securities, debtors, inventories, bills receivables etc. n a narrow sense, the term working capital refers to the net working capital. exculpate working capital is the excess of current assets over current liabilities. remuneration working capital = Current assets †Current liabilities Net working capital = Current assets †Current liabilities d) Turnover ratios: It measures the speed with which various accounts /assets are converted into sales or hard currency. It is concerned with measuring the ability in asset management. These ratios are also called efficiency ratios or asset utilization ratios. The liquidity ratios mentio ned above are related to the liquidity of a firm as a whole.Another way of examining the liquidity is to determine how readily legitimate current assets are converted into cash. The ratios to measure these are referred to as disturbance ratio. The three relevant perturbation ratios are, 1. store swage ratio: This ratio is also known as stock velocity. This ratio calculated to consider the adequacy of the quantum of capital and its justification for investing in inventory. A firm must have middling stock in comparison to sales. It is the ratio of cost of sales and median(a) inventory. This ratio helps the finance manager to evaluate inventory policy.This ratio reveals the number of times absolute inventory dollar peck Ratio = Cost of sales/Average inventory Inventory turnover Ratio = Cost of sales/Average inventory 2. debtors’ turnover ratio: Debtor’s turnover ratio is also called ‘Debtors velocity’ or ‘Receivables turnover’. A fir m sells goods on credit and basis. When the firm extends its customers, book debts are created in the firms account. Debtors are expected to convert into cash over a short period, so it included in current assets. Debtors include the amount of bills receivables and book debts at the end of accounting period.It is a test to understand the reasonable quantitative relationship between outstanding receivables and sales. Financial analysts employ two ratios to judge the quality or liquidity of the Debtors turnover and Average collection period. Debtor’s turnover is found by dividing essence sales by assorted debtors. Formula to find debtors turnover ratio is given below Debtors turnover = follow sales/Sundry debtors Debtors turnover = bring sales/Sundry debtors 3. Creditors’ turnover ratio: It is a ratio between net credit purchases and the average amount of creditors outstanding during the year.It is calculated as follows: Creditors turnover ratio= net credit purchases / average creditors Creditors turnover ratio= net credit purchases / average creditors Net credit purchases= arrant(a) credit purchases †returns to suppliers Net credit purchases= coarse credit purchases †returns to suppliers Average creditors= average of creditors (including bills payable) outstanding at the beginning and at the end of the year Average creditors= average of creditors (including bills payable) outstanding at the beginning and at the end of the yearA low turnover ratio reflects liberal credit terms granted by suppliers, while a high ratio shows that accounts are to be settled rapidly. The creditor’s turnover ratio is an important tool of analysis as a firm can reduce its requirement of current assets by relying on supplier’s credit. The extremity to which trade creditors are willing to tarry for earnings can be approximated by the creditor’s turnover ratio. Defensive †breakup Ratios: It is the ratio between quick assets and communicate periodic cash requirement. Defensive †interval ratios = Liquid assets / intercommunicate chance(a) cash requirementDefensive †interval ratios = Liquid assets /projected daily cash requirement communicate daily cash requirement=projected cash operating(a) expenditure/number of age in a year Projected daily cash requirement=projected cash operating expenditure/number of days in a year Cash Flow From Operations Ratio: Cash flow from operations ratio= Cash flow from operations/ current liabilities Cash flow from operations ratio= Cash flow from operations/ current liabilities This ratio measures liquidity of a firm by comparing actual cash flows from operations with current liability. It is calculated as per equationBeing a cash measure, the ratio does not encounter the problems of actual convertibility of current assets and the need for maintaining minimum levels of these assets. In general, the higher the ratio, the give out is a firm from the point of vie w of liquidity. 2. CAPITAL STRUCTURE /LEVERAGE RATIOS: The long term lenders/creditors would judge the sapience of a firm on the basis of the long term financial strength deliberate in terms of its ability to pay the interest regularly as well as repay the installment of the wind on due dates or in one lump sum at the time of maturity.The long term solvency of a firm can be examined by using leverage or capital structure ratios. It may be delimit as financial ratios which throw light on the long term solvency of a firm as reflected in its ability to assure the long term lenders with regard to (1) Periodic payment of interest during the period of the loan and (2) refund of principal on maturity or in regulate installments at due dates Ratios based on relationship between borrowed funds and owner’ capital: A. Debt â€equity ratio:The financing of match assets of a business concern is done by owner’s equity as well as outsider’s debts. The relationship bet ween borrowed funds and owner’s capital is a popular measure of long financial solvency of a firm. The relationship is shown by the debt equity ratio. This ratio indicates the relative proportions of debts and equity in financing the assets of a firm the formula we use is entirety long-term debts by Shareholders fund. Total long-term debts include mortgage loans, long term loans; debentures etc. hare holders fund includes Preference share holders, Equity share holders, capital reserve, revenue enhancement reserve etc. Debt equity ratio = Total long term funds/Share holders fund Debt equity ratio = Total long term funds/Share holders fund Significance of the ratio: Acceptable norm for this ratio is considered to be 2:1. A higher debt-equity ratio is allowed in the case of capital-intensive industries, a norm of 4:1 is used for fertiliser and cement units and a norm of 6:1 is used for shipping units. A high ratio shows that the claims of creditors are greater han that of ow ners. A very high ratio is unfavourable from the firm’s point of view. A high debt company, also known as highly leveraged or geared, is able to borrow funds on very restrictive terms and conditions. A low debt-equity ratio implies greater claim of owners then creditors. From the point of view of creditors, it represents a satisfactory capital structure of the business since a high proportion of equity provides a larger allowance of safety for them. This ratio shows the goal to which debt financing is used in the business. Debt â€assets ratio:Another approach to sharp the debt to capital ratio is to relate the centre debt to the correspond assets of the firm. The native debt of the firm comprises long- term debt plus current liabilities. The add together assets rest of permanent capital plus current liabilities. Thus, Debt to integrality assets/capital ratio= supply debt/ total assets Debt to total assets/capital ratio= total debt/ total assets c) Equity assets r atio: Still another variant of the debt/equity ratio is to relate the owner’s/proprietor’s funds with total assets. This is called the proprietorship ratio.The ratio indicates the proportion of total assets financed by owners. Symbolically, it is equal to: Proprietary ratio = Proprietor’s funds / total assets x 100 Proprietary ratio = Proprietor’s funds / total assets x 100 Proprietary Fund to Fixed Assets Proprietary ratio relates shareholders’ funds to total assets. It is a variant of debt equity ratio. This ratio shows long term or future of the business. It calculated by dividing shareholders funds by the total assets. Proprietary ratio = shareholders funds/ Fixed assets Proprietary ratio = shareholders funds/ Fixed assets Preference share capital and equity share capital plus all reserves and prodigality items are called shareholders fund. Total assets include all assets including goodwill. Significance of the ratio: The acceptable norm for the ratio is 1: 3. The ratio shows the general strength of the company. It is very important to creditors as it helps to find out the proportion of shareholders funds in the total assets used in the business. Higher ratio indicates a secured position to creditors and a low ratio indicates greater risk to creditors. Proprietary ratio is also analysis in the following manner Ratio of current assets to proprietor’s funds:It shows the relationship between current assets and Shareholders funds. The purpose of this ratio is to calculate the plowshare of shareholders funds invested in current assets. It found by dividing current assets by proprietors funds. Significance of the ratio This ratio can be expressed in section or as a proportion. Different industries are using different norms and hence the ratio should be carefully used. c) Coverage ratios: It measures the firm’s ability to pay certain fixed charges. These ratios are computed from information available in the hi t and loss account.For a normal firm, in the ordinary course of business, the claims of creditors are not met out of the sale proceeds of the permanent assets of the firm. The obligations of a firm are normally met out of the earning or operating wages. 1. Interest reportage ratio: It measures the firm’s ability to make contractual interest payments. Interest reporting = EBIT / interest Interest insurance coverage = EBIT / interest It is also known as ‘time-interest- pull in ratio’. This ratio measures the debt servicing electrical readiness of a firm insofar as fixed interest on long term loan is concerned.It is determined by dividing the operating profits or earnings before interest and taxationes by the fixed interest charges on loans. 2. Dividend coverage ratio: It measures the ability of a firm to pay dividend on preference shares which carry a stated rate of return. This ratio is the ratio of net profits aft(prenominal) taxes and the amount of pref erence dividend. Thus, Dividend coverage ratio = expel/ PREFERENCE DIVIDEND Dividend coverage ratio = beat/ PREFERENCE DIVIDEND 3. Total fixed charges coverage ratio: It measures the firm’s ability to meet all fixed payment obligations.The total coverage ratio has a wider scope and takes into account all the committed fixed obligations of a firm, that is, 1) Interest on loan 2) Preference dividend 3) affiance payments 4) Repayment of principal Symbolically, Total fixed charges coverage ratio = EBIT + Lease payment/ interest + lease payment + (preference dividend + installment of principal) / (1-t) Total fixed charges coverage ratio = EBIT + Lease payment/ interest + lease payment + (preference dividend + installment of principal) / (1-t) . Cash flow coverage ratio: Total cash flow coverage = EBIT+ lease payments + derogation + non-cash expenses / lease payment + interest + (principal repayment)/(1-t) + (preference dividend)/ (1-t) Total cash flow coverage = EBIT+ lease pa yments + depreciation + non-cash expenses / lease payment + interest + (principal repayment)/(1-t) + (preference dividend)/ (1-t) The overall ability of a firm to service outside liabilities is truly reflected in the total cash flow coverage ratio: the higher the coverage, the better is the ability 5. Debt services coverage ratio:Debt service competency is the ability of a firm to make the contractual payments required on a scheduled basis over the life of the debt. It is considered a more comprehensive and apt measure to compute debt service capacity of a business firm. It provides the value in terms of the number of times the total debt service obligations consisting of interest and repayment of principal in installments are covered by the total operating funds available after the payment of taxes: Earnings after taxes, EAT + interest + depreciation + other non †cash expenditure like amortization. 3. earningsability ratios: The positivity of a firm can be measured by its p rofitability ratio. aside from the creditors, both short-term and long terms, also interested in the financial soundness of a firm are the owners and the management or the company itself. The management of the firm is naturally eager to measure its operating efficiency. Similarly the owners invest their funds in the expectation of reasonable returns. The operating efficiency of a firm and its ability to ensure adequate returns to its shareholders/ owners depends ultimately on the profits earned by it. a) Gross Profit Ratio:Gross profit is the result of the relationship between prices, sales volume and costs. It measures the percentage of each sales rupee remaining after the firm has paid for its goods. A change in the gross margin can be brought about by changes in any of these factors. The gross margin represents the limit beyond which fall in sales prices are outside the tolerance limit. Further, the gross profit ratio/ margin can also be used in determining the extent of loss cau sed by theft, spoilage, damage, and so on in the case of these firms which follow the policy of fixed gross profit margin in pricing their products.A high ratio of gross profit to sales is a sign of good management as it implies that the cost of production of the firm is relatively low. It may also be fact mood of a higher sales price without a corresponding increase in the cost of goods sold. It is also likely that cost of sales might have declined without a corresponding decline in sales price. A relatively low gross margin is definitely a risk of exposure signal, warranting and careful and detailed analysis of the factors responsible for(p) for it. Gross profit ratio= gross profit x 100 Sales Gross profit ratio= gross profit x 100Sales Net profit ratio: It measures the percentage of each sales rupee remaining after all costs and expenses including interest and taxes have been deducted. The net profit margin is indicative of management’s ability to operate the business w ith sufficient success not only to recover from revenues of the period, the cost of merchandise or services, the expenses of operating the business (including depreciation) and the cost of the borrowed funds, but also to leave a margin of reasonable compensation to the owners for providing their capital at risk.The ratios of net profit (after interest and taxes) to sales essentially express the cost price effectiveness of the operation. A high net profit margin would ensures adequate return to the owners as well as change a firm to withstand indecent economic conditions when selling price is declining, cost of production is rising and demand for the product is falling. A low net profit margin has the opposite implications. Net profit ratio = Net profit x 100 Sales Net profit ratio = Net profit x 100 Sales a. come down on capital employed: The ROCE is the second type of ROI.Here the profits are related to the total capital employed. The term capital employed refers to long- term funds supplied by the lenders and owners of the firm. It can be computed in two ways. First, it is equal to non â€current liabilities (long term liabilities) plus owners’ equity. final payment on capital employed= Net profit x100 Capital employed Return on capital employed= Net profit x100 Capital employed thick OF FINDINGSRatio analysis is an important tool for financial statement analysis. Here we studied various ratios relating to measurement of the financial performance such as current ratio, quick ratio, debt equity ratio, proprietary ratio, gross profit ratio etc. In the previous chapter we make a detailed analysis of the Angel Broking Limited from 2005 to 2009. The major findings are given below * The study shows there is a continuous changes in the current ratio and also it is not satisfactory when study to actual standard of 2:1. * Current ratio in the year 2005, it is screening 1. 5% and later on it went on increasing way i. e. in 2006 †1. 44%, 2007 â € 1. 36, 2008-1. 37%. * Current ratio in past three years it was acquire to meet the standard, but in the year of 2009 again it went down to 1. 07%. * The quick ratio for this company is same as mentioned in the above table. Because as there is no inventory and prepaid expenses to deduct in this company as it is insurance company we cannot find inventory. * The study shows that the net working capital in the company is Rs. 52,669,000 in 2005, Rs. 1,182,432,000 in 2006, in 2007 †Rs. ,420,039,000, in 2008 †Rs. 2,324,559,000 and in 2009 again it decreased to Rs. 614,591,000. * The study shows that the debt equity ratio is satisfactory from the creditors point of view that is in the year 2005 the percentage of ratio is 2. 65%, in 2006 †3. 73%, in the year 2007 †5. 50%, in 2008- 6. 33% and in 2009 it is 5. 29%. * The study shows that the proprietary ratio to fixed assets is 2005- 4. 37%, 2006- 10. 53%, 2007- 11. 36%, 2008- 9. 96%, 2009- 12. 73%. * The study shows t hat the proprietary ratio to current ratio is in 2005-2. 79%, 2006- 1. 64%, 2007- 1. 5%, 2008- 1. 55%, 2009- 1. 91%. * The study shows that gross profit ratio of the company was went on decreasing but it is recovering from more loss to less loss and the percentage of ratio is, in the year 2005 is -0. 13%, in 2006 it is -0. 08%, in 2007 it is -0. 04%, in 2008 it is -0. 05%, in 2009 it is -0. 09% * The study shows that the net loss was went on decreasing from the year 2005 to 2008. exactly in the year 2009 it has incurred more loss than 2006, 2007, and 2008 but less than 2005 (i. e. 2005 = -0. 27, 2006= -. 20, 2007= -. 16, 2008= -0. 14, 2009= -0. 2) * The study shows that the return on capital employed is not good because every year it is earning negative returns and also the percentage of negative returns went on increasing way (i. e. 2005= -58. 80%, 2006= -49. 99%, 2007= -52. 88%, 2008= -51. 90%, 2009= -64. 62%. CHAPTER 5 SWOT ANALYSIS 5. 1 Strengths * It is a pioneer in online tra ding with a turn over of Rs. 220. 5 billion and oer 6810 sub-Brokers ; Business Associates. * Angel Broking provides multi-channel access to all its customers through a strong online presence with www. angelbroking. om,144 share shops in all over India and a call-center based Dial-n-Trade facility. Nation-wide network of 21 Regional Hubs Presence in 124 cities. * higher up 6th lakh client in all over India * 100+ member research ; advisory team comprises of see fundamental and technical analyst, sector specialist, derivative strategists. * Angel Broking has dedicated research teams for fundamental and technical research, which constantly track the nervous impulse of the market and provide timely investment advice free of cost to its clients which has a stumble rate of 70-80%. Angel Broking Ltd. Announced that it is planning to invest around INR 300 million this financial year for expanding its branch network. The company is looking to invest around INR 250-300 million in this fi nancial year for expanding its network by 50 branches. * The company has been increasing at a compounded growth rate of 100% every year. 5. 2 Weakness * Localized presence due to insufficient investments for countrywide expansion. * Lack of ken among customers because of non-aggressive promotional strategies (print media, news melodic themes, etc). Lesser emphasis on customer retention. * Focuses more on HNIs than retail investors which results in meager market-share as compared to mean competitors. * Not listed in stock exchange. 5. 3 Opportunities * With the booming capital market it can successfully launch new services and raise its client’s base. * It can easily tap the retail investors with small saving through promotional transmit like print media, electronic media, etc. * As interest on fixed deposits with post office and banks are all time low, more and more small investors are entering into stock market. abolition of long-term capital gain tax on shares and reduct ion in short term capital gain is making stock market as hot destination for investment among small investors. * Angel Stock Broking Ltd. plans to finalize INR 2 billion †INR 2. 5 billion fund raising plans between December 2009 and March 2010. Dinesh Thakkar, Angel Broking’s CMD said, â€Å"We are got active interest from the US and UK-based institutions. We are open to diluting a significant stake. ” * Increasing usage of net profit through broadband connectivity may advance a whole new var. of investors for trading in securities. . 4 Threats * predatory promotional strategies by close competitors may hamper Angel Broking’s borrowing by new clients. * Lack of sufficient branch-offices for speedy delivery of services. * More and more players are venturing into this domain, which can further reduce the earnings of Angel Stock Broking Ltd. CHAPTER 6 CONCLUSION ; SUGGESTIONS 6. 1 Conclusion On the basis of the study it is found that Angel Broking Ltd. is better services provider than the other stockbrokers because of their timely research and personalized advice on what stocks to buy and sell.Angel Broking Ltd. provides the facility of Trade tiger as well as relationship manager facility for encouragement and protects the interest of the investors. It also provides the information through the meshwork and mobile alerts that what IPO’s are coming in the market and it also provides its research on the future forecast of the IPO. Study also concludes that people are not much aware of commodity market and while it’s going to be biggest market in India.From the above survey and observation it is found that most of the people who are trading in share market belongs to the employee group, next comes the business men and other class of income people. As the share market value goes on increasing day by day the investor who wants to invest in shares also increasing. But investing in shares is as waste as earning yield. Tradi ng in online trading firm is easy as it all delivered with internet and within a few minutes the customer can buy and sell shares which save time as well as reduction of paper work.Hence trading in share market is increasing day by day and investors are ready to invest their investment in share market only. I got the knowledge about the customer’s needs and their references for having a particular product. The need of customers differs from person to person, area, locality and occupation. Customer always wants more service by paying less. They expect all the information such less rates, less brokerages, highly returns and better service level without delay. W\r\n'