Industrial revolution - England vs USSR essays

Modern unrest - England versus USSR expositions Ideological contrasts between Liberalism in England and Leninism in the Soviet Union spot the two countries at furthest edges of the political range. The previous promoters for the significance of independence and the capacity of the market to direct itself, while the last organizes the state over its residents, and depends on the transcendence of the gathering to order the economy. In this paper, we will initially analyze a noticeable closeness among England and the Soviet Union the sufferings of the individuals in the lower classes. At that point we will move the concentration to the distinctions in the two nations, and the belief systems behind their distinctive ways of improvement. In particular, we will break down their individual types of administrative control, monetary structure, and the aftereffects of the systems strategies. These focuses may appear to be random, anyway the joining topic behind these dissimilarities is the essential ideological distinction hidden the two co untries political and financial frameworks. This ideological contrast directs whose in power, how the economy develops, and thusly where the nation winds up years after the fact. In England, radicalism places the huge working class in charge. This gathering of liberal business visionaries use their financial capacity to increase political impact. Interestingly, Leninism focuses the political dissemination of intensity in the Soviet Union around the socialist party, and on occasion exclusive Stalin. Before we dive into the qualifications however, lets first glance at one extraordinary similitude: the broad abuse that the two systems subjects understanding. Long after the socialist party came to control in the Soviet Union, the country remained moderately in reverse as far as industrialization. 85 percent of the Russian populace was included laborers scattered in the open country. Everything considered there were no low classes that sustained the ascent of socialism in Russia,... <!

Birth Defects Essay -- essays research papers fc

Birth absconds, or inborn mutations, are the flawed arrangement of structures or body parts present during childbirth. Inconsistent, inherited, or obtained imperfections might be promptly watched or may get show further down the road; they might be obvious on the body surface or present inside. Birth imperfections might be perilous and require careful amendment, or they may meddle with capacity or appearance. It is evaluated that 3% of all youngsters are conceived with significant deformities; minor imperfections or varieties are evaluated to happen in 10% to 15% of births. Abnormalities might be single or numerous. Various abnormalities that happen in a customary unmistakable design are alluded to as conditions - for model, the FETAL ALCOHOL SYNDROME some of the time saw in newborn children of moms who drank intensely when pregnant. Birth deformities may result from the activity of qualities, chromosomes, or the earth on the creating embryo, yet regularly the reason can't be resolved. Acquired Defects Strange qualities cause a noteworthy number of diverse birth absconds. Some can be recognized as a single-quality issue that is acquired in a straightforward Mendelian mode, that is, either a prevailing or a passive example. For instance, lobster hook deformation of the hands and feet (split hands or feet) is acquired and results from the impact of a single predominant quality. An individual who has this distortion runs a half hazard (1 of every 2) of bearing posterity who will acquire the quality and will in this manner additionally be influenced. Autosomal rece...

Wireless Metropolitan Area Networks †Free Samples to Students

Question: Examine about the Wireless Metropolitan Area Networks. Answer: Presentation Remote metropolitan zone systems (WMANs) which permits clients to distinguish remote systems between a few territories in a city. WMAN can be utilized in situations where wired system become inaccessible. WMANs can use innovations, for example, microwave, millimeter wave, broadband radio, free space and Wi-Fi Hotspots. (Burbank, 2013). This innovation covers significant distance, devoted data transmission and high limit. Its connections incorporate full indoor, full open air, communicate connections and split mount to meet the distinctive customer requirements for metropolitan scale microwave systems (Westcott Coleman, 2015). Cost: starting expense is moderately lower as in different advances in light of the fact that no physical parts are required. Information limit: 400(364) Mbps and 800(728) Mbps for High execution microwave radios Offers up to and 1.6Gbps and higher up to 3Gbps for full duplex payload. Administration Area: up to sweep of 100km Establishment speed: quicker to set up Security: Subject to Electromagnetic and Other Interference Millimeter Wave (MMW) Gives somewhere in the range of 100mbps and 2.5 Gbps transfer speed in 60-90 GHz in TodaysMillimeter Wave (MMW) items offers 100Mbps up to 2.5 Gbps throughput in 60-90GHz territory. It is a remote transmission innovation with extremely quick point to point associations. In metropolitan territories with clogged frequencies it gives fast associations (In Kim In Joukov, 2017). Cost: Relatively greater expense than microwave Information limit: 100Mbps to 2.5 Gbps Administration Area: up to sweep of 20km Establishment speed: more slow than microwave Security: Better security and protection contrasted with microwave MIMO OFDM Broadband Radio This innovation works on lower frequencies in the 2-6GHz to offer point to multipoint or highlight point associations. Current innovation furnishes transporter class broadband radio gadgets with limit of 867Mbps in either unlicensed or authorized groups. Broadly utilized in remote ISP, business endeavors, CCTV applications and governments. Symmetrical Frequency Division Multiplexing (OFDM) is an innovation which tends to the issue of sign bobbing and permits Non-view broadcasting however structures, trees and different structures. It very well may be sent in structures like star, transport, work ring among others. MIMO innovation uses a few dimensional streams on comparable recurrence to support paces of information 2-4 times speed of non-MIMO gadgets (Angelescu, 2010). Cost: beginning expense moderately high contrasted with different innovations. Information limit: up to 867Mbps Administration Area: up to span of 20km Establishment speed: takes moderately a more drawn out time Security: Better security and protection contrasted with microwave Free Space Optics This innovation depends on optical correspondence that utilizations changed light to proliferate information broadcasting through the climate remotely. This varies from fiber optic which uses guided media, for example, fiber to transmit optical signs. This innovation uses infrared light either LED or laser gear. Free Space Optics commonly utilizes transmission in the infrared groups utilizing either Laser or LED gadgets. It offers high paces of information, unrivaled shaft collimation and high force yield. Contrasted with microwave and Millimeter waves, it doesn't experience the ill effects of lessening. Influenced by environmentally conditions, for example, dust tempests, day off thick haze which cutoff points interface unwavering quality between 1-4km relying upon area. Spreads association up to 4km and limit of up to 1.5Gbps (Burbank, 2013). Cost: extremely low introductory expense Information limit: up to 1.5Gbps Administration Area: up to span of 4km Establishment speed: extremely basic and takes under 60 minutes Security: view tasks makes its a protected framework. Proposal Therefore,if ZeeTech is thinking about executing a WMAN innovation at that point microwave is the best. This is on the grounds that it is generally less expensive to introduce contrasted with different innovations, higher transmission capacity, enormous inclusion region and simplicity of establishment. This will connect every one of its workplaces across Melbourne just as give versatile remote access to the field laborers that need to go between various destinations in a city. Reference Westcott, D. A., Coleman, D. D. (2015).CWNA confirmed remote system director. Indianapolis, Indiana : John Wiley Sons In Kim, K. J., In Joukov, N. (2017).Mobile and remote advancements. Singapore : Springer. Angelescu, S. (2010).CCNA accreditation across the board for fakers. Hoboken, N.J: Wiley. Burbank, J. L. (2013).Wireless systems administration: Understanding internetworking challenges. Hoboken, NJ: John Wiley.

Concepts of Space in Art

Ideas of Space in Art In his book Space, Time and Architecture, Sigfried Giedion noticed that through improvements made during the Renaissance, the origination of room works out as intended. This origination of room in craftsmanship was communicated with the revelation of point of view. Using viewpoint he says each component is identified with the extraordinary perspective of the person. In direct point of view - etymologically clear observing articles are delineated upon a plane surface in congruity with the manner in which they are seen, without reference to their outright shapes and relations. The entire picture or configuration is determined to be legitimate for one station and perception point as it were. To the fifteenth century the guideline of viewpoint came as a total insurgency, including an extraordinary and fierce break with the medieval origination of room, and with the level, gliding game plans, as its masterful articulation. Sigfried Giedion, Space, Time and Architecture, Harvard University Press, Cambridge,â 1967, first distributed 1941, pp. 30-31 During the Renaissance, fields of study especially in expressions of the human experience were firmly entwined with customary models. In engineering, structures were planned concerning past models. At around about the mid nineteenth century, there came a move in the origination of room that broke liberated from the inflexibility related with artifact. Relativity in our origination of room came to fruition through the advancement of cubism. Cubism acquainted another dynamic with visual portrayal. The encircled view is combined with various perspectives of a similar article, his gets a factor of time. Joan Ockman educator and the executive of the Temple Hoyne Buell Center for the Study of American Architecture at Columbia University. Here will be refered to her exposition The Way Beyond Art distributed in Autonomy and Ideology, ed.Somol, R.E., the Monacelli Press, New York, 1997, pp.83-120 matter stopped to be comprehended as murky mass. The watcher presently visualized various parts of room at the same time, inside and outside, raised and inward without a moment's delay. Matter was decayed into basic surfaces and lines (as in Mondrian) or got straightforward and interpenetrating (as in Lissitsky). With these turns of events, space came to be comprehended as an intersection of developments and energies. The adjustment in the origination of room is supposed to be the destruction of pictorial space by Cubist procedures and replacement of a general perspective for an outright one Alongside Ockman, Sigfried additionally expounded on another origination of room from the conventional. He asserts that traditional origination of room is identified with the idea of point of view and this thought was the essential component in painting since the Renaissance up until the twentieth Century. For Giedion, the new strategy for visual portrayal after the arrangement of cubist strategies corresponds with a move in the origination of room and creates structure giving standards of the new space origination After Cubism, space origination changes from the static view of the Renaissance. Giedion guarantees that the great originations of room and volumes are restricted and uneven. For Giedion, the conceivable outcomes of this new space origination resembles Cubism with its numerous points of view that remove the pith of the subject, give it a boundless potential for relations inside it. Giedion asserts that the beginning of cubism is a mysterious rule simply like the disclosure of point of view. That cubism is the statement of a group and practically oblivious demeanor and for him, this articulation is likewise firmly identified with logical progressions of that period. As Giedion says. Cubism breaks with Renaissance point of view. It sees questions generally: that is, from a few perspectives, nobody of which has selective power. What's more, in so analyzing objects it sees them at the same time from all sides from above and underneath, from inside and outside. It goes around and into its articles. Along these lines to the three components of the Renaissance which have held great as constituent realities all through such huge numbers of hundreds of years, there is included a fourth one time: In stage plan, the stage itself can turn into a vehicle for the investigation and the experimentation of various ideas in vision and space origination. The stage is the sign of the connection among entertainers and crowd. In her book, Theaters, Gaelle Breton makes reference to old theaters. She says that the Greek auditoriums of ancient history tried to make a solidarity between the stage and crowd regions and consolidated them under an outside space. This rule she states turns into the model for Elizabethan theaters which she relates to the Shakespeare Globe Theater. Breton expresses that during the Renaissance, theater configuration experiences an expanding partition from the outside world, and inside makes a regularly expanding separate among stage and onlooker who sit in a fix position for an ideal static point of view. This looks like the canvas of the time. The manner in which theaters were structured during the Renaissance was tested by Richard Wagner. Together with engineer Otto Brukwald, they teamed up to plan theater which looked for an inversion in the division of and stage. The venue of the Renaissance was worried about the crowd with the viewpoint of the crowd. No overhangs and an obscured amphitheater centered the crowds consideration regarding the stage. Theater not, at this point tried to make the hallucination of reality yet tried to communicate the pith of a play. Breton likewise asserts that the need for making the fantasy of reality turned out to be less applicable with the approach of film and the development of cubism which broke the customary recognition space and style of spatial portrayal Antonin Artaud (1862-1928) was a renowned stage chief and the creator of Theater and its Double. He depicts the structural space that he looks for his creations as a solitary, all inclusive region with no allotments of any sort His proposition was to relinquish the design of his time and set about delivering creation that could be held in a stable or a holder for execution. The thought of adaptable space, for example, this can likewise be found in the engineering of Ludwig Mies van der Rohe around this time. The idea is for a presentation space as an all out space which can be upgraded and redesigned for various creations. The stone worker and painter Oscar Schlemmer, conducts tests for stage space at the Bauhaus. Roselee Goldberg express that the work at the Bauhaus was to accomplish an amalgamation of craftsmanship and innovation in unadulterated structure The examinations led incorporated the issues of execution space, for example, the resistance of visual spot and spatial profundity Schlemmers tests showed another origination of room in front of an audience. During the 1920s, the conversation of room focused on the thought of felt volume Schlemmer clarified that out of the plane geometry, out of the quest for the straight line, the corner to corner, the circle and the bend, a stereometry of space develops, by the moving vertical line of the moving figure. The relationship of the geometry of the plane to the stereometry of the space could be felt if one somehow happened to envision a space loaded up with a delicate malleable substance where the figures of the grouping of the artists developments were to solidify as a negative structure Up until the twentieth century, the rules for stage configuration was a confined view and theaters dependent on the connection of the proscenium. In the mid twentieth century, progressive stage fashioners, for example, Edward Gordon Craig moved this two dimensional way to deal with stage plan with three dimensional ideas and examinations. For his first creation, Craig needed to plan his own phase as the main accessible space was the Hampstead Conservatoire. This show lobby was 44ft wide with a progression of ventured stages toward one side to house the symphony. The involves made by Craig turned into an attribute of his work. The roof stature was level all through and Craig joined Herkomers procedure of over head lighting and sky impacts. A low proscenium was built to encourage outlines and a scaffold over the phase for the lighting man. To encourage a cast and tune of 75, the full width of the stage was used. This made a strikingly all encompassing impact. In later creation in Coronet and Great Queen Street theaters, Craig brought down the proscenium by as much as 12ft to make the impression of extraordinary width. He additionally found that making ventured stages took into consideration three dimensional groupings and development. Craig needed the onlookers to have a similar viewpoint of the plays so no side display s, or boxes were utilized, rather a solitary level seating was utilized. Another trait of Craigs creations which tested the watchers creative mind were, despite the fact that the sets were straightforwardly dramatic, including impersonation vine leaves to rough papier-mã ¢chã © hogs head, then again there was a conscious shirking of reasonable detail and basic impacts of shading were utilized, leaving the creative mind free and accomplishing an intriguingness that one watcher had remarked helped him to remember the fragile friezes of Pompeii. For these surfaces, Craig clarifies they remain on the stage similarly as they seem to be, they don't copy nature, nor are they painted with practical or ornamental structures Craig contemplated the showy work as it was in old Greece, Rome, from the Renaissance to the Elizabethan. He noticed that Once upon a period, stage landscape was engineering. A little later it became impersonation engineering, still later it became impersonation fake design. The two components which got vital to Craigs idea of another performance center were lighting and development. The two components which got fundamental to Craigs idea of another performance center were lighting and development. The incredible long periods of painted landscape had a place with the time of diminish lighting from gas-scarcely any footlights or candles, which straightened the entertainer so he a the image got one. The da

Consumer Behavior In Mutual Funds Finance Essay - Free Essay Example

The objective of the research study is to know the factors of consumer behavior in mutual funds. Mutual is considered as a risky investment by common men in India. With change in time, people are investing in mutual funds. The evaluation of financial planning has been increased through decades, which is best seen in customer rise. Now a days investment of saving has assumed great importance. In this project the great emphasis is given to the investors mind in respect to investment in Mutual Fund. This research will reveal different factors affecting the investors behavior in three different stages. The first stage is the pre purchase stage. In this an investors comes to know about a mutual fund plan. He takes many references before choosing a fund to invest. The second stage is the decision making. A customer several options to choose from. He evaluates the options keeping in mind different factors. The third stage is the after investment behavior. Mutual funds are directly link to the economy. When there are some fluctuations in economy how an investor reacts to it. In this project an in-depth study will be carried out to reveal various factors in all above mention stages. Scope of the Research: The research titled Consumer Behavior in mutual Funds covers investors in mutual funds in North Goa. The research covers the three types of mutual funds by investment objective that are Equity, Debt and Balance Funds. The findings will represent the mutual fund investors in North Goa. Limitation of the study: The research was conducted in a limited duration of four weeks. The survey is limited only to the Mutual funds and cannot be applied to other instruments of investment. Methodology: Research Design The objective of the project study is accomplished by conducting a systematic research. Exploration: Quantitative design: The raw data is acquired from the Jennifer Mendis Investment consultancy. Subsequently converted into questionnaire and then circulated to investors. After that the data was converted into graphical with findings. Pilot test: The qualitative research test was done with small sample of employees. The questions were then revised. Research Plan: Once the problem was identified, the next step I did was to prepare a plan for getting the information needed for the research. The present study was to adopt exploratory approach wherein there is need to gather data perform an analysis before making a conclusion. Collection and Sources of data: Primary data Questionnaire Personal interaction (informal/formal) with investors. Observation. Secondary data Internet Sample plan: Random Sampling Population: Mutual fund Investors Sample size: 100 employees INDEX Sr.no contents Page no. 1 Introduction to Mutual funds 10 2 Need for the study 17 3 Data Analysis 18 4 Fndings 50 5 Conclusion and learning 51 6 Annexures 52 MUTUAL FUND INTRODUCTION A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is invested by the fund manager in different types of securities depending upon the objective of the scheme. These could range from shares to debentures to money market instruments. The income earned through these investments and the capital appreciations realized by the scheme are shared by its unit holders in proportion to the number of units owned by them (pro rata). Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio at a relatively low cost. Anybody with an inventible surplus of as little as a few thousand rupees can invest in Mutual Funds. Each Mutual Fund scheme has a defined investment objective and strategy A Mutual fund is the ideal investment vehicle for todays complex and modern financial scenario. Markets for equity shares, bonds and other fixed income instruments, real estate, derivatives and other assets have become mature and information driven. Price changes in these assets are driven by global events occurring in faraway places. A typical individual is unlikely to have the knowledge, skills, inclination and time to keep track of events, understand their implications and act speedily. An individual also finds it difficult to keep track of ownership of his assets, investments, brokerage dues and bank transactions etc. A draft offer document is to be prepared at the time of launching the fund. Typically, it pre specifies the investment objectives of the fund, the risk associated, the costs involved in the process and the broad rules for entry into and exit from the fund and other areas of operation. In India, as in most countries, these sponsors need approval from a regulator, SEBI (Securities exchange Board of India) in our case. SEBI looks at track records of the sponsor and its financial strength in granting approval to the fund for commencing operations. A sponsor then hires an asset management company to invest the funds according to the investment objective. It also hires another entity to be the custodian of the assets of the fund and perhaps a third one to handle registry work for the unit holders (subscribers) of the fund. In the Indian context, the sponsors promote the Asset Management Company also, in which it holds a majority stake. In many cases a sponsor can hold a 100% stake in the Asset Management Company (AMC). E.g. Birla Global Finance is the sponsor of the Birla Sun Life Asset Management Company Ltd., which has floated different mutual funds schemes and also acts as an asset manager for the funds collected under the schemes. Characteristics: A mutual fund actually belongs to the investors who have pooled their funds. A mutual fund is managed by investment professionals and other service providers, who earn a fee for their services, from the fund. The pool of funds is invested in a portfolio of marketable investments. The value of the portfolio is updated every day. The investors share in the fund is denominated by units. The value of the units changes with change in the portfolios value, every day. The value of one unit of investment is called the Net Asset Value or NAV. MUTUAL FUND STRUCTURE The Structure Consists: The structure of mutual funds in India is governed by the SEBI Regulations, 1996. These regulations make it mandatory for mutual funds to have a 3-tier structure of Sponsors-Trustee-AMC (Asset Management Company). The Sponsor is the promoter of mutual fund, and appoints the Trustee. The Trustees are responsible to the investors in the mutual funds, and appoint the AMC for managing the investment portfolio. The AMC is the business face of the mutual funds, as it manages all the affairs of mutual funds. The mutual funds and AMC have to be registered by the SEBI. Sponsor Sponsor is the person who acting alone or in combination with another body corporate establishes a mutual fund. Sponsor must contribute at least 40% of the net worth of the Investment Managed and meet the eligibility criteria prescribed under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Schemes beyond the initial contribution made by it towards setting up of the Mutual Fund. Trust The Mutual Fund is constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882 by the Sponsor. The trust deed is registered under the Indian Registration Act, 1908. Trustee Trustee is usually a company (corporate body) or a Board of Trustees (body of individuals). The main responsibility of the Trustee is to safeguard the interest of the unit holders and inter-alia ensure that the AMC functions in the interest of investors and in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, the provisions of the Trust Deed and the Offer Documents of the respective Schemes. At least 2/3rd directors of the Trustee are independent directors who are not associated with the Sponsor in any manner. Asset Management Company (AMC) The AMC is appointed by the Trustee as the Investment Manager of the Mutual Fund. The AMC is required to be approved by the Securities and Exchange Board of India (SEBI) to act as an asset management company of the Mutual Fund. At least 50% of the directors of the AMC are independent directors who are not associated with the Sponsor in any manner. The AMC must have a net worth of at least 10 crores at all times. Registrar and Transfer Agent The AMC if so authorized by the Trust Deed appoints the Registrar and Transfer Agent to the Mutual Fund. The Registrar processes the application form, redemption requests and dispatches account statements to the unit holders. Custodian A custodian handles the investment back office of a mutual fund. Its responsibilities include receipt and delivery of securities, collection of income, distribution of dividends, and segregation of assets between schemes. The sponsor of a mutual fund cannot act as a custodian to the fund. For example, Deutsche Bank is a custodian, but it cannot service Deutsche Mutual Fund, its mutual fund arm. Depository Indian capital markets are moving away from having physical certificates for securities, to ownership of these securities in dematerialized form with a Depository. MUTUAL FUND OPERATION (Mutual Fund Operation Flow Chart) TYPES OF MUTUAL FUND A Mutual Fund may float several schemes, which may be classified on the basis of its structure, its investment objectives and other objectives. Open Ended Schemes As the name implies the size of the scheme (fund) is open i.e. not specified or pre-determined. Entry to the fund is always open, the investor who can subscribe at anytime. Such fund stands ready to buy or sell its securities at anytime. The key feature of Open-ended schemes is Liquidity. It implies that the capitalization of the fund is constantly changing as investors sell or buy their shares. Further, the shares or units are normally not traded on the stock exchange but are repurchased by the funds at announced rates. Open-ended schemes have comparatively better liquidity despite the fact that these are not listed. The reason is that investors can any time approach mutual fund for sale of such units. No intermediaries are required. Moreover, the realizable amount is certain since repurchase is at a price based on declared net asset value (NAV). The portfolio mix of such schemes has to be investments, which are actively traded in the market. Otherwise it will not be possible to ca lculate NAV. This is the reason that generally open-ended schemes are equity based. In Open-ended schemes, the option of dividend reinvestment is available. Close-Ended Schemes A Close ended schemes have a definite period after which their shares/units are redeemed. The scheme is open for subscription only during a specified period at the time of launch of a scheme. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the stock exchanges where the units are listed. In order to provide an exit route to the investors, some close-ended funds give an option of selling back the units to the mutual fund through periodic repurchase at NAV related prices. In these types of schemes, the size of the fund kept to be constant. SEBI regulations stipulate that at least one of the two exit routes is provided to the investor i.e. either repurchase facility or through listing on stock exchanges. These mutual funds schemes disclose NAV generally on weekly basis. Interval schemes Interval Schemes combine the features of both open-ended and close-ended schemes. They are open for sale or redemption during pre-determined intervals at NAV based prices. Mutual Fund schemes by Investment Objectives: EQUITY FUNDS These funds invest a major part of their corpus in equities. The composition of the fund may vary from scheme to scheme and the fund managers outlook on various scrips. The Equity Funds are sub-classified depending upon their investment objective, as follows: 1.Growth Fund: Aim to provide capital appreciations over the medium to long term. These schemes normally invest a majority of their funds in equities and are willing to bear short term decline in value for possible future appreciation. These schemes are not for investors seeking regular income or needing their money back in the short-term. 2. Diversified Equity Fund: Diversified equity funds are the most popular among investors. They invest in many stocks across many sectors, and because they have the freedom to chop and churn their portfolios as they like, diversified equity funds are a good proxy to the stock market. If a general exposure to equities is what you want, they are a good option. They can invest in all listed stocks, and even in unlisted stocks. They can invest in which ever sector they like, in what ever ratio they like. 1.Equity Linked Savings Schemes (ELSS): Equity linked savings schemes (ELSS) are diversified equity funds that additionally offer income tax benefits to individuals. ELSS is one of the many section 80c instruments, along with the more popular debt options like the PPF, NSC and infrastructure bonds. In this Section 80c grouping. ELSS is unique. Being the only instrument to offer a total equity exposure. 1. 1.Index Fund: An index fund is a diversified equity fund; with a difference- a fund manager has absolutely no say in stock selection. At all times, the portfolio of an index fund mirrors an index, both in its choice of stocks and their percentage holding. So, an index fund that mirrors the Sensex will invest only in the 30 Sensex stocks, which too in the same proportion as their weight age in the index. 2.Sector Fund: Sector funds invest in stocks from only one sector, or a handful of sectors. The objective is to capitalize on the story in the sectors, and offer investors a window to profit from such opportunities. Its a very narrow focus, because of which sector funds are considered the riskiest among all equity funds. 2. Mid Cap Fund: These are diversified funds that target companies on the fast growth trajectory. In the long run, share prices are driven by growth in a companys turnover and profits. Market players refer to them as mid-sized companies and mid-cap stocks with size in this context being benchmarked to a companys market value. So, while a typical large cap stock would have a market capitalization of over Rs 1,000 crores, a mid-cap stock would have a market value of Rs 250-2,000 crores. DEBT FUNDS These Funds invest a major portion of their corpus in debt papers. Government authorities, private companies, banks and financial institutions are some of the major issuers of debt papers. By investing in debt instruments, these funds ensure low risk and provide stable income to the investors. Debt funds are further classified as: 1.Gilt Funds: Invest their corpus in securities issued by Government, popularly known as GOI debt papers. These Funds carry zero Default risk but are associated with Interest Rate risk. These schemes are safer as they invest in papers backed by Government. 2.Income Funds: Income funds aim to maximize debt returns for the medium to longer term. Invest a major portion into various debt instruments such as bonds, corporate debentures and Government securities. 2.MIPs: Invests around 80% of their total corpus in debt instruments while the rest of the portion is invested in equities. It gets benefit of both equity and debt market. These scheme ranks slightly high on the risk-return matrix when compared with other debt schemes. Short Term Plans (STPs): Meant for investors with an investment horizon of 3-6 months. These funds primarily invest in short term papers like Certificate of Deposits (CDs) and Commercial Papers (CPs). Some portion of the corpus is also invested in corporate debentures. Liquid Funds: Also known as Money Market Schemes, These funds are meant to provide easy liquidity and preservation of capital. These schemes invest in short-term instruments like Treasury Bills, inter-bank call money market etc. These funds are meant for short-term cash management of corporate houses and are meant for an investment horizon of 1day to 3 months. These schemes rank low on risk-return matrix and are considered to be the safest amongst all categories of mutual funds. Floating Rate Funds: These income funds are more insulated from interest rate than their conventional peers. In other words, interest rate changes, which cause the NAV of a conventional debt fund to go up or down, have little, or no, impact on NAVs of floating rate funds. BALANCED FUNDS These funds, as the name suggests, are a mix of both equity and debt funds. They invest in both equities and fixed income securities, which are in line with pre-defined investment objective of the scheme. These schemes aim to provide investors with the best of both the worlds. Equity part provides growth and the debt part provides stability in returns. Each category of fund is backed by an investment philosophy, which is predefined in the in the objective of the fund. The investor can align his own investment need with the fund objectives and invest accordingly. HYBRID FUNDS:- Growth and Income Fund: Strike a balance capital appreciation and income for the investors. In these funds portfolio is a mix between companies with good dividend paying record and those with potential capital appreciation. These funds are less risky than growth funds bit more than income funds. Asset Allocation Fund: These funds follow variable asset allocation policy. These move in an out of an asset class (equity, debt, money market or even non-financial assets). Asset allocation funds are those, which follow more stable allocation policies like balanced funds. Those, which flexible allocation policies, are like aggressive speculative funds. ADVANTAGES OF MUTUAL FUND Mutual Funds offer several benefits to an investor that are unmatched by the other investment options. Last six years have been the most turbulent as well as exiting ones for the industry. New players have come in, while others have decided to close shop by either selling off or merging with others. Product innovation is now pass with the game shifting to performance delivery in fund management as well as service. Those directly associated with the fund management industry like distributors, registrars and transfer agents, and even the regulators have become more mature and responsible. Affordability : Small investors with low investment fund are unable to invest in high-grade or blue chip stocks. An investor through Mutual Funds can be benefited from a portfolio including of high priced stock. Diversification : Investors investment is spread across different securities (stocks, bonds, money market, real estate, fixed deposits etc.) and different sectors (auto, textile, IT etc.). This kind of a diversification add to the stability of returns, reduces the risk for example during one period of time equities might under perform but bonds and money market instruments might do well do well and may protect principal investment as well as help to meet return objectives. Variety : Mutual funds offer a tremendous variety of schemes. This variety is beneficial in two ways: first, it offers different types of schemes to investors Professional Management: Mutual Funds employ the services of experienced and skilled professionals and dedicated investment research team. The whole team analyses the performance and balance sheet of companies and selects them to achieve the objectives of the scheme. Tax Benefits: Depending on the scheme of mutual funds, tax shelter is also available. As per the Union Budget-99, income earned through dividends from mutual funds is 100% tax free. Under ELSS of open-ended equity-oriented funds an exemption is provided up to Rs. 100,000/- under section 80C. Regulation: All Mutual Funds are registered with SEBI and they function within the provisions of strict regulations designed to protect the interests of investors. The operations of Mutual Funds are regularly monitored by SEBI. DISADVANTAGES OF MUTUAL FUND: The following are the disadvantages of investing through mutual fund: No control over cost: Since investors do not directly monitor the funds operations, they cannot control the costs effectively. Regulators therefore usually limit the expenses of mutual funds. No tailor-made portfolio: Mutual fund portfolios are created and marketed by AMCs, into which investors invest. They cannot made tailor made portfolio. Managing a portfolio of funds: As the number of funds increase, in order to tailor a portfolio for himself, an investor may be holding portfolio funds, with the costs of monitoring them and using hem, being incurred by him. Delay in Redemption: The redemption of the funds though has liquidity in 24-hours to 3 days takes formal application as well as needs time for redemption. This becomes cumbersome for the investors. Non-availability of loans: Mutual funds are not accepted as security against loan. The investor cannot deposit the mutual funds against taking any kind of bank loans though they may be his assets. RISK INVOLVED IN MUTUAL FUND: THE RISK-RETURN TRADE-OFF The most important relationship to understand is the risk-return trade-off. Higher the risk greater the returns/loss and lower the risk lesser the returns/loss. Hence it is up to you, the investor to decide how much risk you are willing to take. In order to do this you must first be aware of the different types of risks involved with your investment decision. MARKET RISK: Sometimes prices and yields of all securities rise and fall. Broad outside influences affecting the market in general lead to this. This is true, may it be big corporations or smaller mid-sized companies. This is known as Market Risk. A Systematic Investment Plan (SIP) that works on the concept of Rupee Cost Averaging (RCA) might help mitigate this risk. CREDIT RISK: The debt servicing ability (may it be interest payments or repayment of principal) of a company through its cash flows determines the Credit Risk faced by you. This credit risk is measured by independent rating agencies like CRISIL who rate companies and their paper. An AAA rating is considered the safest whereas a D rating is considered poor credit quality. A well-diversified portfolio might help mitigate this risk. INFLATION RISK: Things you hear people talk about: Rs. 100 today is worth more than Rs. 100 tomorrow. Remember the time when a bus ride cost 50 paisa? Mehangai Ka Jamana Hai. The root cause, Inflation. Inflation is the loss of purchasing power over time. A lot of times people make conservative investment decisions to protect their capital but end up with a sum of money that can buy less than what the principal could at the time of the investment. This happens when inflation grows faster than the return on your investment. A well-diversified portfolio with some investment in equities might help mitigate this risk. INTEREST RATE RISK: In a free market economy interest rates are difficult if not impossible to predict. Changes in interest rates affect the prices of bonds as well as equities. If interest rates raise the prices of bonds fall and vice versa. Equity might be negatively affected as well in a rising interest rate environment. A well-diversified portfolio might help mitigate this risk. POLITICAL/GOVERNMENT POLICY RISK: Changes in government policy and political decision can change the investment environment. They can create a favorable environment for investment or vice versa. LIQUIDITY RISK: Liquidity risk arises when it becomes difficult to sell the securities that one has purchased. Liquidity Risk can be partly mitigated by diversification, staggering of maturities as well as internal risk controls that lean towards purchase of liquid securities. NET ASSET VALUE Net Asset Value (NAV) The net asset value of the fund is the cumulative market value of the assets fund net of its liabilities. In other words, if the fund is dissolved or liquidated, by selling off all the assets in the fund, this is the amount that the shareholders would collectively own. This gives rise to the concept of net asset value per unit, which is the value, represented by the ownership of one unit in the fund. It is calculated simply by dividing the net asset value of the fund by the number of units. However, most people refer loosely to the NAV per unit as NAV, ignoring the per unit. We also abide by the same convention. Definition of NAV Net Asset Value, or NAV, is the sum total of the market value of all the shares held in the portfolio including cash, less the liabilities, divided by the total number of units outstanding. Thus, NAV of a mutual fund unit is nothing but the book value. BASIC CONCEPTS OF LOADS : Entry Load: The load charged at the time of investment is known as entry load. Its meant to cover the cost that the AMC spends in the process of acquiring subscribers commission payable to brokers, advertisements, register expenses etc. The load is recovered by way of charging a sale price higher than the prevailing NAV. Exist Load: Some AMC do not charge an entry load but they charged an exist load i.e., they deduct a load before paying out the redemption proceeds. Psychologically, investors are much more willing to pay exist loads as compared to entry loads. Unit: Units mean the investment of the unit holders in a scheme. Each unit represents one undivided share in the assets of a scheme. The value of each unit changes, depending on the performance of the fund. Need for the Study Indian Mutual fund market is growing with a good growth rate. This instrument of investment has turned lucrative from the perceived risky image. It was decided to do a research to reveal factors in the mutual funds market Data Analysis 1.Other than mutual funds I have invested in following instruments. This was a multiple choice question. This was asked to know the preferred Investment instruments by the investors. Graph1 Interpretation and analysis This question was asked to know the pattern of investments by investors. As can be seen in above graph 100% investors have their surplus invested their savings account, followed by gold and silver with 91%. This shows that investors prefer to invest in safer instruments. Even though the investment needed for the instruments like the Real estate requires high amount to be invested, people still prefer to invest in them. This can be because they give higher returns compared to the other instruments. This instruments are also most preferred since they are safer. 2.As an investor I want higher returns This question was asked to know the know the expectation from the investors from the mutual funds Graph2 Interpretation and analysis As shown in the above graph 116 investors expect their investment to give higher returns. Further 31 investors agreed to the statement that they want higher returns while the rest three respondents had neutral stand on this point. I can be concluded that from the mutual funds investors want higher returns from the mutual funds. 3.As an investor in mutual funds I am more of a Risk taker conservative This question was asked to know the aggressiveness and risk taking attitude of the investors. Graph3 Interpretation and analysis As can be seen above the majority of the investors that 101 investors are risktakers. wereas the rest 49 respondents said that they invest conservatively. I have invested in mutual funds for This question talks about the Fianacial objective of the investors for which they have planed. This was a multiple option question Graph4 Interpretation and analysis As can be seen above the majority of the investors have invested in the mutual funds for their long term objective that is the retirement. 68 respondents have invested for investing the same in future. 54 respondents have goal of buying a car. 41 have invested for childrens marriage and 24 have invested for childrens education. Rest 13 respondents have a short term goal that is their own marriage. We can conclude that the investors invest in mutual fund for short term as well as long term goals. How did you come to know about Mutual fund investment scheme This question was about the source from were the investors first came to know about the mutual fund plan/scheme. Graph 5 33 respondents said that the came to know about the mutual fund sceme from News paper.30 respondents said they came to know about mutual fund from Magazine. 24 respondents came to know from financial consultant. The agents in the mutual fund had reach over 19 respondents. Only 17 respondents came to know about mutual fund from the Television. The data reveals that the major source of knowledge for investors about mutual fund is the News paper, magazine and the financial consultants. The explanation from Agent/distributor/salesperson was enough to convince me to invest in mutual funds. This question was aimed towards the ability of the sales team to convince the customers. Graph6 Interpretation and analysis 34 respondents strongly agreed to the point that they were convinced with the sales persons explanation. While 45 respondents agreed to this. 14 had neutral stand. 33 respondents disagreed to this point and the rest 24 strongly disagreed with this. I was convinced/attracted with the scheme of mutual fund. This question was asked to know the reaction of the investors when they first came to know about the Mutual fund. Graph 7 Interpretation and analysis Majority of the respondents that is 89 respondents strongly agreed that they were attracted with the mutual fund plan. 50 respondents agreed to this point. 9 respondents had neutral stand on this. Rest two disagreed to the statement that they were attracted with the mutual fund. I was attracted with the proposed earning of the mutual fund. This question was further specific question to the previous question. This question was based on the main attraction of a mutual fund that is the earning on the fund. Graph 8 Interpretation and analysis 94 respondents strongly agreed that they were attracted with proposed earnings. Further 49 respondents agreed to this point. 7 respondents had neutral stand on this point. We can say that the main component of attraction of the mutual fund is the proposed earning. 9.1) Importance of Financial Advisors reference This question was cross tabulated with response from the 10th question which was about the type of mutual fund in which they have currently invested. Graph9 Interpretation and analysis When asked about the referring to a financial Advisor before investing in mutual fund 71 respondents from Equity fund, 5 from debt and 7 from balanced mutual fund responded that its extremely important. Whereas most of the rest responded that the reference is very important. From the above data its clear that while investing in Equity mutual fund and Balanced mutual fund its important to refer to a financial advisor. In the Dept fund the response was some what neutral. 9.2 Importance of Brokers reference This question was asked to find importance of reference before investing Graph10 Interpretation and analysis As in the above graph investors in the equity and balanced responded either its extremely important or very important to refer a broker before investing in them. Whereas the investors in the dept funds responded as its some what less important to refer to a broker. 9.3Importance of Relatives Friends reference Graph 11 Interpretation and analysis As in the above diagram majority of respondents from all types of schemes responded that it is extremely important or very important to refer a friend before investing. In case of the balanced fund some respondent even responded that it is unimportant to refer a friend. 9.4 importances of Newspapers Magazines Many news papers and magazines have reviews on the mutual fund. This question was asked to know how important it is to refer while investing. Graph12 Interpretation and analysis As can be seen in above 76 investors in equity funds feel that it is extremely or very important to refer a news paper or a magazine. Whereas 30 respondents feel that it is unimportant or not important to refer to a news paper. In the debt funds 11 respondents have an opinion that it is extremely important or very important to refer a news paper. Whereas 7 respondents had negative opinion towards the statement. 14 respondents have positive opinion towards taking reference of news paper. Whereas 8 respondents had a negative stand on the statement. 9.5 IMPORTANCE OF COMPANYS WEBSITE Graph13 Interpretation and analysis As can be seen in above graph majority of the investors in the equity segment responded that it is unimportant to refer to companies website. Also in the debt funds majority of the respondents feel that it is unimportant to refer companys website. In the balance funds majority felt that it is important to refer the companys website. 9.6 importance of AMFI Website Graph 15 Interpretation and analysis As seen in the above diagram majority of the investors in the equity fund feel that it is unimportant to refer AMFIs website. In the bebt funds majority feels that it is important to refer AMFIs website. Whereas in the balanced funs majority said that it is unimportant to refer to AMFIs site. 10 Currently invested in types of funds Graph 16 Interpretation and analysis 101 respondents have invested in Equity funds. 19 respondents have invested in dept fund, and the rest 23 respondents have invested in balanced funds. 11 Importance of the qualities of the mutual fund Factors in these questions were the main factors which are considered while making a decision to invest. A. Funds reputation or brand Graph 17 Interpretation and analysis As in the above graph majority of the risk takers feel that reputation of fund is unimportant quality which should be considered while making investing decision. While majority of the conservative investors feel that the funds reputation is important. B Fund performance record This question was asked to reveal the importance of funds performance in the making investment decision. Graph 18 As can be seen in the above graph both risktaker as well as conservatives feels that it is important to consider the funds reputation while investing in it. C Importance of Brokers advice Graph 19 Interpretation and analysis as can be seen above both risk takers and conservatives feel that brokers advice is important while making decision of investment. While there are few respondents who feel that brokers advice is umimportant. D. Importance of Schemes expense ratio This question is to know how important is the expenses in the mutual fund are while making the investment decision. Graph 20 As can be seen in the above graphs both risk takefeels rs as well as the conservatives feels that the expense ratios are unimportant while making investment decision. 11 E Schemes theme of investment Since many mutual funds have different themes of investments, this themes can affect the investment decision. This themes also match the investors financial goals like, children education etc. Graph 21 Interpretation and analysis As can be seen above both risk takers and conservatives feel that the investment theme plays a important role in investing decisions. These can be because theme attracts the investors and help them to meet their financial goals. F Minimum initial investment Sometimes minimum investment acts as a barrier since the minimum amount is high. Graph 22 Interpretation and analysis As said earlier minimum investment plays a very important role in the investment decision. This can be seen in the above statistics. The majority of both risk takers as well as the conservatives feels that the Minimum Initial Investment is a important quality of the mutual fund. G Tax benefits When an investor invests in some mutual funds he gets some income tax benefit as per the income tax ACT Graph 23 Interpretation and analysis As per the graph, Risk takers as well conservatives feel that the tax benefit is important. Majority of the respondents from both type of the respondents feel that tax benefit is important. H Portfolio of the Fund Portfolio means the allocation of the resources across sectors or the shares of the companies. Graph 24 Interpretation and analysis As seen in the above graph majority of both that is risktakers and conservative investors deel that the allocation of the fund is important. I Visibility of the Fund Graph 25 Interpretation and analysis Majority of the respondents from both risk takers and the conservatives feel that the Visibility of the fund is important while taking a decision to invest. 11J Credit Rating by Agencies Credit rating agencies rate a mutual fund depending upon the interest paying ability of the Fund house. Graph 26 Interpretation and analysis As can be seen in above graph majority of the respondents from both feel that credit rating by agencies is an important quality in selecting a mutual fund. K Lock in period Graph 27 Interpretation and analysis Lock in period is the time for which your money remains locked. Towards this factor both type of investors feel that lock in period is important in choosing a fund. Wereas some respondents feel that it is unimportant. L Prompt Redemptions Redemption is when the investor wants his money back and he withdraws from the fund. Graph 28 Interpretation and analysis Since customer gets his money whenever he wants he will go for it. The majority of the respondents responded that the prompt redemption is a important factor while choosing a mutual fund. M After Sales Support Graph 29 Interpretation and analysis As can be seen above majority of both types of investors feel that the after sales service is important while choosing the mutual fund. I monitor performance of the mutual fund. This question was asked to bring out how often a investors keep a watch on the investment Interpretation and analysis 66 respondents check the growth weekly, 81 respondents monitor the growth monthly. This shows that the investors are interested in monitoring the performance. 13. Performance of the mutual fund is as promised by fund house. This question was asked to reveal the performance to the promised performance. I am satisfied with the performance of the mutual fund My queries were attended timely. How you react to the fall in share market. Finding Most of the people invest on advice of the financial adviser. Financial adviser monitors the performance of mutual fund for their clients. Only few investors decide to invest on their own. Conclusion and learnings The investors investing in the mutual funds are attracted more by the earnings. The young investors who are educated tend to analyze the performance and monitor the performance of the mutual fund. Annexure QUESTIONNAIRE Other than mutual funds I have invested in following instruments. Saving account e) Shares Debentures i) PF Real Estate f) Fixed Deposits PPF g) Gold/Silver Post Office NSC etc h) Other_________ As an investor I want higher returns Strongly agree Agree Neutral disagree Strongly disagree As an investor in mutual funds I am more of a ________ Risk taker Conservative I have invested in mutual funds for ________ Marriage d) Buying a car Childrens education e) Further investment Childrens marriage f) Retirement corpus How did you come to know about Mutual fund investment scheme? 1. Newspapers 2.Magazines 3.Internet 4.Television 5. Agents 6.Friends or relatives 7.Consultant 8. Other___________ The explanation from Agent/distributor/salesperson was enough to convince me to invest in mutual funds. Strongly agree Agree Neutral disagree Strongly disagree I was convinced/attracted with the scheme of mutual fund. Strongly agree Agree Neutral disagree Strongly disagree I was attracted with the proposed earning of the mutual fund. Strongly agree Agree Neutral disagree Strongly disagree State the importance of following reference while investing in mutual fund schemes? Extremely important Very Important Somewhat Important Somewhat Unimportant Not Important At All 1. Financial Advisor 2.Broker 3.RelativesFriends 4.Newspapers Magazines 5.Companys Website 6.AMFI Website In which type of funds you have invested? 1. Equity Funds 2.Debt Funds 3. Balance Funds There are many qualities that could affect your selection of Mutual funds and Specific Schemes. Please indicate importance of the following in your decision. Sr.no. Extremely important Very Important Somewhat Important Somewhat Unimportant Not Important At All A Funds reputation or brand 1 2 3 4 5 B Fund performance record 1 2 3 4 5 C Brokers advice 1 2 3 4 5 D Schemes expense ratio 1 2 3 4 5 E Schemes theme of investment 1 2 3 4 5 F Minimum initial investment 1 2 3 4 5 G Tax benefits 1 2 3 4 5 H Portfolio of the Fund 1 2 3 4 5 I Visibility of the Fund 1 2 3 4 5 J Credit Rating by Agencies 1 2 3 4 5 K Lock in period 1 2 3 4 5 L Prompt Redemptions 1 2 3 4 5 M After Sales Support 1 2 3 4 5 I monitor performance of the mutual fund. Weekly Monthly Quarterly Yearly never Performance of the mutual fund is as promised by fund house. Strongly agree agree Neutral disagree Strongly disagree I am satisfied with the performance of the mutual fund Strongly agree agree Neutral disagree Strongly disagree My queries were attended timely. Strongly agree agree Neutral disagree Strongly disagree How you react to the fall in share market. Sell units held Wait for market to rise Consult financial advisor. City: _________________________ Age: 20-40 years ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ 40-60 years ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ above 60 years ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Sex: Male ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Female ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Marital Status: Married ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Unmarried ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Academic Qualifications: High School ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Graduate ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Post Graduate ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Professional Degree ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Occupation: Professional ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Business ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Salaried ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Retired ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ Others ___________ÃÆ' ¢Ãƒâ€šÃ‚ Ãƒâ€šÃ‚ ¯ h

Porters Five Forces Framework By

Analyzing your competition is one of the keys to identifying business threats, as well as figuring out how to address them. Determining who your competition is, and how their movement, tendencies, and decisions will affect you is integral to every bit of your planning, both current and future. Whether you are a company of thousands of employees or a small local business, competition will always have a direct impact on your success.One way to examine your competition is through the use of Porters Five Forces Framework model, which allows you to break them down into five definite categories, designed to uncover insights. This model was originally developed in 1979 by Michael E. Porter from Harvard Business School. These five forces business modellooks at five specific factors which ascertain whether or not a business can be profitable, with data based from other businesses in the market. This theory is based on the idea that there are five forces that determine the attractive of a mark et, along with the intensity of competition. Moreover, these help identify where the power lies in a business situation.Porter postulates that understanding each competitive force, along with their underlying causes reveals the essence of an industrys profitability, all the while providing an extensive framework that anticipates influencing competition over a certain amount of time. He also adds that a healthy industry structure is one that should be a competitive concern to other companies, as much as they are focused on their very own. How do these powerful five forces work?Understanding the Five ForcesPorter regarded that understanding both the competitive forces and the general industry structure is vital to creating effective and strategic decisions. Here are the five forces that shape the industry competition:Competitive rivalryCompetitive rivalry is the force that observes the intensity of current status of competition in the marketplace. This status is determined by the numb er of existing competitors, and what each of them can do. Rivalry is high when there are only a few businesses selling a product or service equally, and when the industry is continuously growing and consumers can easily switch to a competitors offer for little cost. When this is high, advertising and price wars happen, and can result to hurt a businesss plan.Bargaining power of suppliersThe bargaining power of suppliers is the force that determines the scope of a businesss supplier power, and the extent of control it has over the potential to raise costs. This directly lowers a businesss profitability. Moreover, this force assesses the number of suppliers available in the market. The fewer present, the more power they hold. Businesses, then, are in a much better position when there are plenty of suppliers available.Bargaining power of customersThe bargaining power of customers is a force that looks at the power of the consumer, along with their effects on pricing and quality. Consum ers hold power when there arent many of them around but sellers are plenty, as it is very much easy for customers to switch from one product or service to another. The buying power becomes low when consumers avail of products in small amounts and the sellers offer is different from its competitors.Threat of new entrantsThe threat of new entrants is a force that considers the level of difficulty in which competitors can join the marketplace in the industry under examination. The easier it is for a competitor to join the market, the greater the risk of the market share of a business to be depleted. Factors that prevent entry include access to inputs, economies of scale, absolute cost advantages, and well-recognized brands.Threat of substitute products or servicesThe threat of substitute products or services is the force that scrutinizes how easy it is for consumers to switch from a certain product or service to that of another. It also examines the number of competitors, along with fa ctors at play like how their prices and quality compare to one another, as well as the profit they are generating. All of these determine if they can lower their costs even more, to appeal to consumers. The threat of substitutes is determined by switching costs, both long-term and immediate, as well as the buyers behavior of inclination to switch.The Benefits of Using Five ForcesOne of the key advantages of this model is that it helps the company gauge the competition in the current industry. The pricing power of the company is inversely proportional to the competition currently present in the market, so the higher the competition, the lower the pricing power and vice versa. Knowing this can successfully help current and future planning. Industries that require huge investments are also tricky, because once an investment has been made, all hands are tied. A Porter analysis can help successfully identify those competitors who pose threats of substitutes and new entrants, as the prici ng of the industry of a whole can decrease. This model can also help businesses deal successfully with both buyers and suppliers, as companies often operate at the mercy of the power of suppliers and consumers.Using the Five Forces: What do you gain from this?Porters Five Forces transfer into two trains of thought: do what others are doing but do it cheaper, or do something no one has ever done before. Existing businesses have the option to either build on what they already have through maximizing efficiency and taking on new trends. Facebook, perhaps, is the best example: they have established themselves as a leading social media platform, but they continue to expand by building the Messenger app, online buying and selling, dating, as well as using chatbots. What can you do?Simply become a cost leaderLook for a way to make your product as cheap as possible without compromising quality so as to ensure sustainability of profit. Your consumers expect standards from you, so you need to deliver what they ask for. Never sacrifice quality for price, and businesses often look at their processes and cut costs to make this happen. Analyze your processes through a flowchart, and take out what isnt necessary.Distinguish your productYour product should be branded as unparalleled and unique. Search for that missing link and examine the next steps. How will your product evolve now to outshine the rest of them?Focus on your buyersTake a look at your buyers, and that market youre yet to tap into. What is each buyers unique need? Are they searching for a specific product no one else is offering, or is it specific to a certain geography or demographic? Determine how you can position your business to be at the top of customers minds. Always keep careful watch of your competitors actions, and find a way to do it better, or cheaper, suiting perfectly to your buyers needs. The industry structure continuously develops, and it is important that you remember that it is not static. Ove r the course of time, suppliers and buyers become more or less powerful. Innovations make way for new competitions and product substitutions. Changes also alter the intensity of the competitive market, and the overall path of the industry. This makes using the Five Forces model essential in adapting to change to help your business keep survive and thrive.Ghostwriting service for youMore than analysis, however, there are many other factors at play when it comes to your business. Such factors could be the different marketing tools, which includes SEO article writing. You may find that due to your busy schedule, finding time for such almost seems impossible. Fret not, a ghostwriting service is the answer to your concerns. We at uphold our service and outputs, which is why you can definitely count on us. Our professional writers are more than qualified to take on the challenge of helping your business grow! Begin the change with us now!

The Japanese Word Kagaku

For those interested in Science, and in studying the Japanese language, get to know the word, Kagaku. Kagaku or  Ã§ §â€˜Ã¥ ­ ¦ (㠁‹ã Å'㠁 ) in Japanese characters is the Japanese word for science.   Example Kagaku  ga  shinposhite,  watashitachi  no  seikatsu  wa  benrini  natta.​ ç §â€˜Ã¥ ­ ¦Ã£ Å'é€ ²Ã¦ ­ ©Ã£ â€"㠁 ¦Ã£â‚¬ Ã§ § Ã£ Å¸Ã£  ¡Ã£  ®Ã§â€Å¸Ã¦ ´ »Ã£  ¯Ã¤ ¾ ¿Ã¥Ë† ©Ã£  «Ã£  ªÃ£  £Ã£ Å¸Ã£â‚¬â€š Translation: Thanks to the development of science, our lives have become much more convenient.​

Health Insurance - 3969 Words

INSURANCE LAW PROJECT | HEALTH INSURANCE AND REGULATORY ISSUES UNDER IRDA ACT 1999 | Rudresh Pratap Singh Roll No. 49 Semester V RMLNLU | Contents INTRODUCTION 4 The Insurance Regulatory and Development Authority 5 Regulatory issues in the health insurance business 5 It should be the duty of the regulator (IRDA) to ensure that the new entrant in the health insurance sector: 5 II. Regulations Pertaining To Consumer Protection 8 Relationship Between Insurers And Providers 9 Is A Health Insurance Policyholder A Consumer? 10 III. Regulations Pertaining To The Functioning Of Third Party Administrators 10 Operational Requirements 11 Other Requirements†¦show more content†¦I. Regulations pertaining to financial requirements In an era of â€Å"cut-throat† competition where strict financial requirements may lead to financial instability and bankruptcies, the key should be an achievement of a harmonized approach between the extremes. The regulator’s obligations as regards maintenance of financial requirements can be analysed from three perspectives: 1. Entry Requirements 2. Operation requirements and 3. Exit Requirements 1. Entry Requirements It should be the duty of the regulator (IRDA) to ensure that the new entrant in the health insurance sector: Fulfils the Capital Requirement, i.e., has a minimum capital of Rs. 100 crores; According to the Statement of Objects and Reasons of the Insurance Development and Regulatory Authority Act, 1999, the duties, powers and functions of Authority, inter alia, include regulation and maintenance of margin of solvency. Section 6 of the IRDA Act, 1999 deals with the requirements as to capital. 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Liabilities are created when goods or services are purchased on credit and obtained through short- term and long- term loans. Health care expenses create liabilities such that payments are made late or no payments are made at all. In some cases, the cost of health care expenses are unaffordable resulting in those type of payments. To prevent large health care debt, many individuals seek health insurance. Health insuranceRead MoreProblems With The Health Insurance1489 Words   |  6 Pagessocial problem is to them. Just like with time, social problems will change, some will come and some will go. So, for right now in time one of the biggest social problems I can see in America is the healthcare. There are many problems with the health insurance in America. According to our books in America some of the biggest problems are: Medicare, Medicaid, Military Healthcare, Workers’ Compensation, Complemtary, and Alternative Medicine. The book states that there are a few strategies for actionRead MoreHealth Insurance1677 Words   |  7 Pagesstates that with limited exceptions, every resident of the United States must have health insurance that must meets certain basic requirements. Beginning in 2014, individuals who do not acquire health insurance will be subject to a fine. This fine will rise over time, reaching $895 per person or 2.5 percent of income, whichever is greater, by 2018. Beginning in 2014, each state is to establish an Affordable Insurance Exchange. Separate exchanges are to be established for individuals and small businesses

Consequences Of Work Family Conflicts And Enrichment

Consequences of Work Family Conflicts and Enrichment Role accumulation and work-family enrichment There are three ways in which participation in multiple roles—often referred to as role accumulation—can produce positive outcomes for individuals. First, work experiences and family experiences can have additive effects on well-being. Research has consistently demonstrated that role accumulation can have beneficial effects on physical and psychological well-being, especially when the roles are of high quality. In addition, satisfaction with work and satisfaction with family have been found to have additive effects on an individual’s happiness, life satisfaction, and perceived quality of life. Such research suggests that individuals who participate in—and are satisfied with—work and family roles experience greater well-being than those who participate in only one of the roles or who are dissatisfied with one or more of their roles. Second, participation in both work and family roles can buffer individuals from distress in one of the roles. For examp le, research has shown that the relationship between family stressors and impaired well-being is weaker for individuals who have more satisfying, high-quality work experiences. In a similar vein, the relationship between work stress and impaired well-being is attenuated for individuals who have a more satisfying, high-quality family life. These moderator effects suggest that a diverse portfolio of social roles buffers an individualShow MoreRelatedThe Arrangement Of The Staff1093 Words   |  5 Pagesboth partners work and share responsibility for family care-giving (Greenhaus et al., 2000). In fact, recent research indicates that 85% of employees report having some day-to-day family responsibilities (Bond et al., 1998). These changing demographic trends, coupled with greater family involvement by men (Pleck, 1985) and heightened interest of employers in employee’s quality of life (Zedeck Mosier, 1990) prompted a proliferation of research on the relationship between work and family roles. InterestRead MoreA significant component of an employee’s well-being in today’s world is the ability to maintain a2400 Words   |  10 Pagesto maintain a healthy balance between their profession and family life. As the prevalence of dual income families has increased, so has the idea of maintaining the responsibilities at home, as well as, ensuring one is productive at work. The attainment of work-life balance continues to be a prominent standard not only for employees in the workforce, but also for the organizations that employ them (McMillan, Morris, Atchley, 2011). Work/life concerns are dominant across all cultures and can involveRead MoreAcc 556 Week 11028 Words   |  5 PagesAccountant Date: 10/8/2011 Re: Government Bid Occupational fraud is defined as the use of a person’s job for individual enrichment through the purposeful mishandling or misapplication of his or her employer’s capital or assets (Wells, 2005). Occupational fraud can have a serious impact with far-reaching consequences. In 2004 for the Association of Certified Fraud Examiners (ACFE) conducted a survey that provided 508 usable studies of fraud for a total of over $761Read MoreThe Leadership Of The Salvation Army For Twenty Five Years1025 Words   |  5 PagesSleepy Hills Homeowners Association, Jim Turner has spent numerous hours in the past three years attending meetings with organizational staff and Mr. Morris, discussing problems and concerns. Morris’ staff conveyed that they respected him for his work ethic, faith, and dedication to the project. On the other hand, his staff felt he underutilized there potential and team spirit declined. Mr. Turner noted that Morris was solely concerned that construction expectations were met each day and was notRead MoreSmith v Ministry of Defence [2013] UKSC 411228 Words   |  5 PagesSmith has been subject to a great deal of controversy and scrutiny. Legal scholars and lawyers, judges, the Ministry of Defence (MoD), its Service personnel, and, their families, have joined in on the debate. It is suggested that there is need of reform, sooner rather than later , as the Smith case â€Å"will have damaging consequences for military effectiveness† . Is it safe to say that the Government could propose some sort of reform? Will this reform be satisfactory to all those affected? ThisRead MoreTwo Content Theories Of Motivation Essay3060 Words   |  13 Pagesinsurance, and pension plan. Social Needs These include needs for belonging, love, and affection. Maslow considered these needs to be less basic than physiological and security needs. Relationships such as friendships, romantic attachments, and families help fulfill this need for companionship and acceptance, as doe’s involvement in social, community, or company. Esteem Needs After the first three needs have been satisfied, esteem needs becomes increasingly important. These include the need forRead MoreThe Work Life Balance : An Integral Part Of The Human Resource Department Essay1558 Words   |  7 PagesOver the years, achieving work-life balance has become an integral part of the human resource department in most companies. The work life balance phenomenon has risen due to the various economic, demographical, and cultural changes that have led to the rise in more women integration in the workplace, a number of couples working away from home, technological advancements, and the overriding need among many employees to have more flexibility at work. Such social and economic changes have subsequentlyRead MoreEDST 1002 midterm ERU Essay examples2082 Words   |  9 Pagesstudent to work completely independently, regardless of success or failure Using highly structure materials to introduce new content rather than semi-structured tasks 17. According to Erickson, id a child fails to resolve a crisis at an early stage, the child is apt to Encounter problems with resolution of crises Forget the crisis and progress normally Remain at the unresolved stage until the crisis is resolved Resolve the crisis at a later stage 18. Children experiencing the Eriksonian conflict of trustRead MoreMarraige Counceling5817 Words   |  24 PagesCounselling 3 1.1.3 Purpose of the Helper 4 1.1.4 Relavent Core Relational Conditions 4 1.1.5 Degree Of Structure Needed 5 1.1.6 In What Format Does Counselling Take Place 5 1.2 MARRIAGE ENRICHMENT 7 1.2.1 Definition of Marriage Enrichment 7 1.2.2 Purpose of Marriage Enrichment Counselling 7 1.2.3 Purpose of the Helper 7 1.2.4 Relavent Core Relational Conditions 8 1.2.5 Degree of Structure needed 9 1.2.6 In What Format Does Counselling Take Place 9 1.3Read MoreEssay about Identification2555 Words   |  11 Pagesâ€Å"Identification remains critical to ensuring that children receive the services they need to thrive in school† (2003, 1). There are several problems educators deal with when identifying gifted students. First, students from economically disadvantaged families or from culturally diverse backgrounds are considerably underrepresented in gifted programs. Also, gifted children with other noted disabilities are not represented. These students, also called twice-exceptional students, are especially hard to

The Rights Of Police Brutality Essay - 1508 Words

Over the past few years, there have been many complaints about police brutality. Some of these have even ended in the deaths of the civilians. Because of the deaths, citizens have lost a lot of trust in police officers. Now the departments are trying to fix this loss of trust, and one of the ways is to have officers wear body cameras. With officers wearing the cameras there will be a video of everything that happens between the officers and civilians. The police departments are hoping with these videos that civilians will be more willing to trust the officers since everything will be recorded, and the officers will not be able to deny or hide anything that happens. In this essay, I want to show some of the many benefits for the cameras. A few of these would be that the videos give evidence of what happens between the officers and civilians, officers and civilians are more aware of their actions when the cameras are present, because of this there have been fewer complaints made agains t officers, the use of force has also decreased since police have started using the cameras, but there is still the concern of peoples’ privacy being protected. One of the biggest things that body cameras offer is the recordings that they give. With this video, there will be solid evidence if any crime is committed by either the officer or the civilian. If a crime is committed then the officers and the civilians are not able to lie about what happened during their encounter with each other,Show MoreRelatedPolice Brutality And The Civil Rights Movement1333 Words   |  6 PagesPolice brutality goes back many decades and actually happens a lot less the it did in the 60’s it is just seems like it occurs more due to the development of social media today. During the Civil Rights Movement that began in 1963 African Americans mostly in the South took the majority of these police brutalities. For example In the 60’s blacks were beaten with batons and cattle prods as they attempted to vote at a court house that was in Selma, Alabama. The subjects that received the beatings wereRead MorePolice Brutality a Violation of Human Rights980 Wo rds   |  4 Pages Police brutality is one of the most serious human rights violations in the United States and it occurs everywhere. The reason why I chose this topic is because police brutality happens all the time in the United States and still remains unrecognized by many. Additionally, the public should be knowledgeable about this topic because of how serious this crime can be and the serious outcomes that police brutality can have on other police officers and the public. The job of police officers is to maintainRead MorePolice Brutality And The Civil Rights Movement1738 Words   |  7 PagesWhile combating police brutality everyday, what really does matter? Despite, the increased attention and actions to remedy police brutality, police brutality is still a prevalent issue in today’s American society. It has sent critics on both sides of the issue into their corners, as no one really seems to have the answer. Maybe, the reason why police brutality has been so troublesome to alter is becau se the people trying to alter it are only targeting only the symptoms instead of the infection itselfRead MorePolice Brutality And The Civil Rights Movement985 Words   |  4 Pagessituations between citizens and police officers. Dating back to the 1960s during the civil rights movement, to recent events in the news that demonstrates police brutality. But does this mean that police officers aren’t doing their jobs. Could the media and social networks influence our views of the police? In my opinion it does. Police brutality has circulated media headlines for decades now. Citizens rage through the country, becoming more angry due to the outcome of police officers that use excessiveRead MorePolice Brutality And The Civil Rights Of Citizens1205 Words   |  5 PagesPolice Brutality, the use of excessive force commonly physical, but also in forms such as: false arrest, racial profiling, surveillance abuse, sexual abuse, verbal attacks and psychological intimidation, by a police officer. This is a ruthless act and issue that continues to be a major problem for both people in law enforcement, but majorly to the public and is life threatening. It is a saddening act that jeopardizes the civil rights of citizens and the rights of people around the world. Police officersRead MorePolice Brutality : The Rights Of Every Man Essay1391 Words   |  6 Pagesâ€Å"The rights of every man are diminished when the rights of one man are threatened.† Because police brutality exists within our society, citizen’s human and civil rights are being violated due to these circumstances. B. Background and Audience Relevancy: Throughout our nation, the views of citizens have drastically changed due to police brutality. Citizens are lacking the trust with in the police force because of the excessive or deadly force being used on fellow citizens. However, police brutalityRead MorePolice Brutality And The Civil Rights Movement1522 Words   |  7 PagesPolice brutality is defined as â€Å"excessive and/or unnecessary force by police when dealing with civilians,† and this has become more prominent within the United States throughout the years (Danilina). There has many cases where police brutality has been seen via news channels, and it has dismantled the unity of trust between the civilians of the United States and the law enforcement who are supposed to protect the everyday people from harm. The issue is if the law enforcement is actually right withinRead MorePolice Brutality And The Civil Rights Movement Essay712 Words   |  3 PagesPolice Brutality â€Å"Officer Jeronimo Yanez, charged with second-degree manslaughter in the shooting death of Philando Castile, a 32-year-old black Minneapolis man† (Capecchi). â€Å"Brian Encinia, former Texas trooper charged with misdemeanor perjury stemming from his arrest of Sandra Bland, a black woman who was later found dead in a county jail† (Almasy). â€Å"Sgt. Kizzy Adonis, charged with failure to supervise in connection with the 2014 death of Eric Garner, a 43-year-old black Staten Island man who diedRead MorePolice Brutality And The Civil Rights Movement1400 Words   |  6 PagesOver the past 10 decades or more the United States has displayed a lot of police brutality and also racial profiling that leads to police brutality to American citizens. A police officer job are to serve and protect and enforce the law but in a lot cases from proven evidence it’s seems they shoot first and ask questions later. Americans are starting to feel that the police are scared of th e citizens more than people are scared of them. Not every single cop in the world is bad or mean harm to peopleRead MoreEssay on Police Brutality Violates Human Rights762 Words   |  4 Pages Over the years United States has witnessed a substantial increase in police brutality, it is one of the most common and serious violation of the human rights and it happens more often than we care to know in our communities, ranging from verbal to physical abuse in which usually an innocent person results injured as police officers lay their called justice upon the alleged criminals. Police officers are faced with a wide variety of threatening situations on the job every day, they go through

Different Worlds, Same Stories free essay sample

Cultural Diversity: Different Worlds; Same Stories America is a vast, multicultural land, with many different people and many different ways. But still, we tend to categorize whether something is abnormal or not based on certain cultural standards, i. e. , â€Å"ethnocentrism†. This makes for a large gap in understanding cultures such as that of the Trobrian, a unique tribe living on the island of Kiriwiai. One might be surprised to find that while our two cultures have differences, we also share similarities. We both enjoy our own language, celebrations, religion, politics, etc.. We do, however, go about these customs and social observances in a very different manner. A trait that exists in all cultures in sociology is referred to as a â€Å"cultural universal†. There are many examples of cultural universals throughout the world. For example, all cultures have some form of government. However, while Americans are ruled via a democratic republic based on 3 branches of their government, the Trobrian people are governed based on a paramount chief system. We will write a custom essay sample on Different Worlds, Same Stories or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The two cultures both have a system of politics, but they also have a different way of going about it. This difference illustrates what is known as â€Å"cultural particulars†. Cultural relativism is the principle that an individual humans beliefs and activities should be understood in terms of his or her own culture. The reason for cultural relativism is because of the lack of understanding of cultural particulars. The people of Trobrian are very different from Americans. Their money is in skirts and banana leaves. They roam around half-naked. Their inheritance goes through their mother, and they celebrate things such as harvests and funerals (This celebration is called a â€Å"sigalli†). But the most interesting thing about the Trobrian people is that their power is based on what they can give, not what they can take. Americans would think upon hearing this, that they are an extremely un-advanced, savage people. But that is far from the truth. They recently have adapted fundamentalism and are beginning to question their money source, showing possibilities for advancement. As an American, I feel that it would be unsatisfactory to live with a people such as with the Trobrians, but that is only because of the way I grew up and my own culture. In some ways it makes them stronger; in some ways it makes them weaker. But we should never look down on another people because of the way their culture molded them. We should all have open minds and respect for diversity. People can judge very quickly, but it takes time to understand how a culture truly operates. Ethnocentrism, cultural universals, cultural particulars, and cultural relativism are all basically just fancy ways of saying we are alike in some ways, we are not alike in others, and that we should not judge others based on our own cultural norms.

Walden two Essay Example For Students

Walden two Essay Elizabeth: Good, I am glad I found you here. It seems you are finally getting comfortable with our ways. Sara: Yes, well I have slept so good these past two nights that I woke up rather early this morning. I usually don’t even eat breakfast at home, but everything is so good here. Elizabeth: That is very true. Breakfast is my favorite meal here, sometimes; I wake up extra early just so I can help in the preparation. Sara: Really, I am impressed. I could never wake up that early, especially on a school day. Beth: Yes, why are you so tired in the mornings?Sara: Where should I start? Okay well I start by giving you my weekly schedule. Everyday of the week I have to be awake by 6:00 am. I get dressed, and chug down a cup of coffee to keep me awake. I try to be out the door between 7:15: and 7:30. Although I only live about ten miles away from school, I have to leave my house extra early, to beat the traffic, and drop off my little brother. No matter what time I leave my house, I always seem to hit a huge amount of traffic and I am always late. I always worry about walking into first period late. Sara: Well, my first period teacher lectures a lot, and I feel rude when I walk in during the middle of a lecture. Beth: I am sorry to interrupt you, but I still do not understand why you are so tired, all you have to do is go to bed earlier. Sara: Things just aren’t that simple, I don’t get home until nearly 3:30. On Mondays I tutor from 3:30 –5:30, on Tuesdays I have Youth Educator meetings from 6:00- 9:30, and every other week I have Contra Costa Times Teen advisory board meetings. On Wednesdays I have a community college class from 4:00 – 7:00pm, and I work on the weekends. On top of all of this I have hours of homework, and college applications to fill out. Beth: I understand why you are tired, but I don’t understand why you chose to participate in activities that you don’t enjoy. Sara: I don’t really have a choice. I have to go to school, to get an education†¦even though in four out of six of my classes, all I do is get more homework to do outside of school, so they pretty much waste my time. Well I push myself so I can get into a good college, so I can get a good job, and be happy. Beth: You always have a choice. Why do you live a life in order to become happy?Why are you not happy everyday?Sara: I see your point, but all the pressure I have I put on myself. What is so much better about school here?Beth: First on all we learn about what we want to, no one tells us what to learn. Sara: Then don’t you lack the fundamentals?Beth: Absolutely not. We embrace learning and often go beyond what is taught in normal schools. Sara: You mean to say you like math. Beth: Yes of course, what is not to like about math? The only reason that you dislike a subject is because you find it tedious and difficult, correct?Sara: When you put it that way I agree. Beth: Well, our teachers are not burdened with crowded classrooms and lack of time. Someone will work with us until we fully comprehend the material. Sara: I suppose that makes sense. If I completely understood Pre-Calculus, I would have had not trouble going on to calculus†¦Beth: How would you like to take a walk. Sara: That sounds nice. I would like to go to the pond again if you don’t mind. Sara: I was wondering†¦I understand, that you can become or do anything you like here, but it takes away that driving force. I am referring to goals, and dreams. If I didn’t have goals or dreams, I don’t think that my life would have a purpose. .ue7ddfee2e53b020af261a682e0099abc , .ue7ddfee2e53b020af261a682e0099abc .postImageUrl , .ue7ddfee2e53b020af261a682e0099abc .centered-text-area { min-height: 80px; position: relative; } .ue7ddfee2e53b020af261a682e0099abc , .ue7ddfee2e53b020af261a682e0099abc:hover , .ue7ddfee2e53b020af261a682e0099abc:visited , .ue7ddfee2e53b020af261a682e0099abc:active { border:0!important; } .ue7ddfee2e53b020af261a682e0099abc .clearfix:after { content: ""; display: table; clear: both; } .ue7ddfee2e53b020af261a682e0099abc { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue7ddfee2e53b020af261a682e0099abc:active , .ue7ddfee2e53b020af261a682e0099abc:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue7ddfee2e53b020af261a682e0099abc .centered-text-area { width: 100%; position: relative ; } .ue7ddfee2e53b020af261a682e0099abc .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue7ddfee2e53b020af261a682e0099abc .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue7ddfee2e53b020af261a682e0099abc .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue7ddfee2e53b020af261a682e0099abc:hover .ctaButton { background-color: #34495E!important; } .ue7ddfee2e53b020af261a682e0099abc .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue7ddfee2e53b020af261a682e0099abc .ue7ddfee2e53b020af261a682e0099abc-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue7ddfee2e53b020af261a682e0099abc:after { content: ""; display: block; clear: both; } READ: Marijuana1 EssayBeth: Our life has a purpose, we live to do our part. We can do whatever we like in order to accomplish that. Beth: We don’t rely on money to live. We work in order to