Some Beneficial Features of the Unix Operating System

Some Beneficial Features of the UNIX Operating System CIS 155 Some Beneficial Features of the UNIX Operating System Safety issues have always been one of the major aspects of effective operation of human beings and systems invented and implemented by individuals all over the world in different periods of human history. The rise of the personal computer in the market is another potential threat; nowadays this threat comes from the internet through computers and other devices.As stated in the study by Garfinkel, Spafford, and Schwartz (2011), â€Å"in today’s world of international networks and electronic commerce, every computer system is a potential target† (p. 3). Computers and servers store information that can be damaged or retrieved by hackers that are not interested in keeping the operating system safe and sound. As such, the UNIX operating system can be considered one of the safest for your network activities with a minimum threat to your operating system and the computer in general. Benefits of the UNIX Operating SystemThere are many benefits of the UNIX operating system when viewed independently or in comparison with other operating systems. It is natural that UNIX has supporters and those who oppose the use and benefits of this OS. Nevertheless, everything depends on the purposes for which the operating system is installed and the activities for which it operates. In other words, the scope of commands makes UNIX one of the cheapest and compatible operating systems on the market (Afzal, 2008). With the option of being installed on any type of hardware regardless of the brand and price, UNIX is a viable option for any information technology professional.In addition, it is important to mention that UNIX became the basis for other operating systems generally referred to as the UNIX-like ones as they use UNIX codes and are rather competitive compared to non-UNIX-like systems (Afzal, 2008). Simplicity and Origins The UNIX operating system becam e one of the first attempts of the information technology age to make the computer popular among average users. The contribution was made in the form of this beneficial operating system that helps people all over the world get access to the internet and surf the web for hours without being under threat of getting a virus or damage to software.It is simple and user-friendly compared to other operating systems. One of the examples of simplicity in UNIX is the Simple Mail Transfer Protocol (SMTP), â€Å"an Internet standard for transferring electronic mail between computers [implemented by UNIX] with programs or systems called Message Transfer Agents† (Garfinkel, Spafford, and Schwartz, 2011, p. 347). The overall simplicity of the UNIX operating system can be traced in all its utility programs and other supportive agents that help the system to operate effectively without application of complicated schemes and codes.In other words, the simplicity of the system makes it attractiv e for programmers and people working with codes and programs to be written (Afzal, 2008). So, simplicity, toolbox, democratic approach, flexibility and stability, as well as virtual memory and cheap hardware are the basis for making this operating system an attractive solution for people that need a good and reliable OS for their personal or professional purposes. Open Standards and Portability The open standards and cross-platform portability of the UNIX operating system is another great beneficial feature of this operating system.As stated in the study by Liu, Yue, and Guo (2011), â€Å"since most of the networking protocols were initially implemented on UNIX and most of the Internet services are provided by server processes running on the UNIX operating system, UNIX has a fundamental and profound influence on computer networking† (p. 316). The impact of UNIX on the development of other operating systems and the overall progress of information technology so far has been und eniable. However, it is necessary to emphasize the applicability of this operating system to a small number of computers due to the users’ preferences.Different types of machines can be considered valid for the UNIX operating system, because it is treated as highly portable. Various computing machines can host UNIX, which would be only advantageous for them. The UNIX operating system was not coined for the expensive machines with the hardware changing every six months or less and upgrades available for even higher prices. Its flexibility and cross-platform portability make it an integral part of the democratic approach used by the creators of the operating system. Main-frame and micro-computers can benefit from the UNIX operating system and all its features (Afzal, 2008).Stability of the operating system is another beneficial feature that can be treated as a competitive advantage compared to other systems, such as Windows, with regard to maintenance and related procedures. Se curity features as well as processing power can also be treated as beneficial features of the UNIX operating system, especially when compared to other operating systems. Prerequisite software is something pertaining to all operating systems except the UNIX operating system, because it does not require additional upgrades in terms of hardware and software being absolutely cheap in maintenance and administration (Afzal, 2008).Besides, users can use UNIX on the cheapest and simplest hardware regardless of the brand. Most effective operating systems operate on the codes designed and introduced to the market by AT&T that created UNIX and contributed positively to the development of personal computers. The UNIX operating system is aimed at solving problems in the field of information technology: It uses simple tools, agents, and codes that are free of charge and helps the users operate effectively and safely on this basis (Afzal, 2008).Application programs compared to the simple tools by UNIX are too complicated to be beneficial for users and the overall effective performance of the system. The memory of the UNIX system is protected and considered to be as secure as the overall operating system and the number of programs that can be launched with no threat or compromise to other running programs in the same instance (Afzal, 2008). The benefits of the virtual memory should be described in another section, whereas it is necessary to mention that UNIX security, customization, and controls options make users select this operating program out of dozens of other existing ones.Open standards enable the UNIX operating system to share its codes and achievements with the users and other developers. As stated in the study by Raymond (2004), â€Å"Unix is still the only operating system that can present a consistent, documented application programming interface (API) across a heterogeneous mix of computers, vendors, and special-purpose hardware† (p. 8). Moreover, no othe r operating system can compare to its applicability and open standards as well as its cross-platform portability.Along with all other advantages of this OS, open standards attract more users that can value the portability of UNIX and its simplicity. Virtual Memory, Toolbox, and Customization The benefits of the UNIX operating system are numerous with the virtual memory and customization options as well as the authorization procedures and the general security of it all. So, the virtual memory of the UNIX operating system is on the high level: Low or medium levels of physical memory cannot compromise the virtual memory of the operating system (Afzal, 2008).So, users can launch many programs at once with no threat to the performance of the UNIX OS. The resources of the system are capable of running many programs being active which will not make the work of the entire system less effective. In other words, more complicated and proficient tasks can be performed with the help of other com mands and utility programs combined in the framework of UNIX (Afzal, 2008). Files are unified to make the operation of UNIX more efficient in terms of times needed to respond to commands and costs necessary to upgrade the overall system.As such, all types of data and devices are identified by UNIX as files, making it better and more appropriate for different purposes. Access to the computer is reached only via application of valid passwords and keys that are aimed at making UNIX rather protected and security-based (Afzal, 2008). Authentication is another tool that helps the system to operate effectively. Accounts and their owners are subject to the owner of the personal computer with the UNIX operating system to decide whether he or she wants anyone else to use the computer or not.The toolbox is designed in a way that makes the operations fast and efficient. Utility programs and commands are used to perform specific tasks; so, they are created for very particular purposes. This appr oach is contrasted to the one when commands and utilities serve for a variety of complicated tasks rather than simple ones. In other words, the UNIX operating system can be referred to as a box with all necessary tools that carry out their tasks in a corresponding manner (Afzal, 2008). Customization enables the users to adjust the system to their needs and purposes without being designed for particular settings and menus.As such, a user owning the UNIX operating system can change the options and settings unlike the user of other operating systems with pre-configured settings. Overall, the UNIX operating system is used all over the world due to the approach selected by its developers: they made it a free-access tool that can be used by any individual that has a personal computer and needs an operating system. Main-frame computers and mini-models of personal PCs can operate on UNIX without visible or invisible threats to their effectiveness. It can be used on different platforms regar dless of their origin and compatibility.UNIX is a well-documented system with everything stocked within that a user would need. References Afzal, A. (2008). CIS155: UNIX Operating System: Custom edition (5th ed. ). Upper Saddle River, NJ: Prentice Hall/Pearson Custom Publishing. Garfinkel, S. , Spafford, G. , & Schwartz, A. (2011). Practical UNIX and internet security (3rd ed. ). Sebastopol, CA: O’Reilly Medis, Inc. Liu, Y. , Yue, Y. , & Guo, L. (2011). UNIX operating system. Beijing: Springer. Raymond, E. S. (2004). The art of UNIX programming. Boston, MA: Addison-Wesley Professional.

Best Online Trading Account- Width and Cost Analysis

| | |[pic] | | |BEST ONLINE TRADING ACCOUNT | | | |WIDTH AND COST ANALYSIS | | WEALTH AND INVESTMENT MANAGEMENT : (MGT-216) Submitted to: Dr. Shweta Anand By: HukumSingh Devendar Gautam Naveen Kumar Vijay Singh Vikash Chaudhary Yashpal SCHOOL OF MANAGEMENT GAUTAM BUDDHA UNIVERSITY GREATER NOIDA CONTENTS TOPIC 1. Executive Summary 2. Introduction Background of Stock Exchange in India 3. Theory of Share Market 4. Major Players 5. Methodology of Study 6. Objectives of Study 7. Comparative Study of Online trading portals 8. Conclusion 9. Reference EXECUTIVE SUMMARY This project as a whole can be divided into two parts. ? First part gives an insight about online trading and Dematerialization account. What is share trading and how buying and selling takes place. For trading, it is mandatory for us to have a demat or dematerialization account. How to open a demat account and what all documents are required was part of our study. Various terms used in share market such as bears and bulls, intraday, delivery, settlement, index, etc. ? The second part of project represents the major players of India and a small comparative analysis has been done on their basis of services given by these different online trading portals with their brokerage rates, annual maintenance charges, account opening charges and customer base. INTRODUCTION Background of Stock Exchange of India The emergence of stock market can be traced back to 1830. In Bombay, business passed in the shares of banks like the commercial bank, the chartered mercantile bank, the chartered bank, the oriental bank and the old bank of Bombay and shares of cotton presses. In Calcutta, Englishman reported the quotations of 4%, 5%, and 6% loans of East India Company as well as the shares of the bank of Bengal in 1836. This list was a further broadened in 1839 when the Calcutta newspaper printed the quotations of banks like union bank and Agra bank. It also quoted the prices of business ventures like the Bengal bonded warehouse, the Docking Company and the storm tug company. Between 1840 and 1850, only half a dozen brokers existed for the limited business. But during the share mania of 1860-65, the number of brokers increased considerably. By 1860, the number of brokers was about 60 and during the exciting period of the American Civil war, their number increased to about 200 to 250. The end of American Civil war brought disillusionment and many failures and the brokers decreased in number and prosperity. It was in those troublesome times between 1868 and 1875 that brokers organized an informal association and finally as recited in the Indenture constituting the â€Å"Articles of Association of the Exchange†. On or about 9th day of July,1875, a few native brokers doing brokerage business in shares and stocks resolved upon forming in Bombay an association for protecting the character, status and interest of native share and stock brokers and providing a hall or building for the use of the members of such association. As a meeting held in the broker’ Hall on the 5th day of February, 1887, it was resolved to execute a formal deal of association and to constitute the first managing committee and to appoint the first trustees. Accordingly, the Articles of Association of the Exchange and the Stock Exchange was formally established in Bombay on 3rd day of December, 1887. The Association is now known as â€Å"The Stock Exchange†. The entrance fee for new member was Re. 1 and there were 318 members on the list, when the exchange was constituted. The numbers of members increased to 333 in 1896, 362 in 1916and 478 in 1920 and the entrance fee was raised to Rs. 5 in 1877, Rs. 1000 in 1896, Rs. 2500 in 1916 and Rs. 48,000 in 1920. At present there are 23 recognized stock exchanges with about 6000 stock brokers. Organization structure of stock exchange varies. 14 stock exchanges are organized as public limited companies, 6 as companies limited by guarantee and 3 are non-profit voluntary organization. Of the total of 23, only 9 stock exchanges have been permanent recognition. Others have to seek recognition on annual basis. These exchange do not work of its own, rather, these are run by some persons and with the help of some persons and institution. All these are down as functionaries on stock exchange. These are 1. Stockbrokers 2. sub-broker 3. market makers 4. Portfolio consultants etc 1. ) Stockbrokers Stock brokers are the members of stock exchanges. These are the persons who buy, sell or deal in securities. A certificate of registration from SEBI is mandatory to act as a broker. SEBI can impose certain conditions while granting the certificate of registrations. It is obligatory for the person to abide by the rules, regulations and the buy-law. Stock brokers are commission broker, floor broker, arbitrageur etc. Detail of registered brokers |Total no. of registered brokers as on 31. 03. 2008 |Total no. of sub-brokers as on 31. 03. 008 | |9000 |24,000 | 2. ) Sub-broker A sub-broker acts as agent of stock broker. He is not a member of a stock exchange. He assists the investors in buying, selling or dealing in securities through stockbroker. The broker and sub-broker should enter into an agreement in which obligations of both should be specified. Sub-broker must be registered SEBI for a dealing in securities. For getting registered with SEBI , he must fulfill certain rules and regulation. 3. ) Market Makers Market maker is a designated specialist in the specified securities. They make both bid and offer at the same time. A market maker has to abide by bye-laws, rules regulations of the concerned stock exchange. He is exempt from the margin requirements. As per the listing requirements, a company where the paid-up capital is Rs. 3 crore but not more than Rs. 5 crore and having a commercial operation for less than 2 years should appoint a market maker at the time of issue of securities. 4. ) Portfolio consultants A combination of securities such as stocks, bonds and money market instruments is collectively called as portfolio. Whereas the portfolio consultants are the persons, firms or companies who advise, direct or undertake the management or administration of securities or funds on behalf of their clients. THEORY OF SHARE MARKET Stock Exchange: A common platform where buyers and sellers come together to transact in shares and stocks. Electronic Trading: Eliminates the need for physical trading floors. Brokers can trade from their offices using fully automated screen based processes. Their workstations are connected to a stock exchange’s central computer via satellite using Very Small Aperture Terminus (VSATs). The orders placed by the brokers reach the exchange’s central computer and are matched electronically. Stock Exchanges in India: The stock exchange Mumbai (BSE) and National Stock Exchange (NSE) are the country’s two leading stock exchanges. There are 20 other regional stock exchanges connected via Interconnected Stock exchange (ICSE). Index: An Index is a comprehensive measure of market trends intended for investors who are concerned with general stock market price movements. An index comprises stocks that have large liquidity and market capitalization. At NSE, the capitalization of NIFTY (fifty selected stocks) is takes as a base capitalization, with the value set at 1000. Similarly BSE sensitivity index consists of 30 stocks. The index value compares the day’s market capitalization vis-a-vis base capitalization and indicates how prices in general have move over a period of time. Stock: In financial market, stock refers to the supply of money that a company has raised. This supply comes from the people who have given the company money in hope that the company will make their money grow. Bears and Bulls: Bears are cautious animals who don’t like to move too fast. Bulls are bold who might charge right ahead. An investor is said to be bearish if he or she believes that the stock market will go down. A bearish investor will buy the stock cautiously. A â€Å"Bullish† investor believes that the market will go up. He or she will charge ahead and put more money into the market. An investor can be bearish or bullish about a particular kind of stock. Likewise the term â€Å"Bear Market† describes the time the stock prices have been falling on the whole. A â€Å"Bull Market† is a period when stock prices are generally rising. Dematerialization: What is a Demat? Demat is commonly used abbreviation of Dematerialsation, which is a process whereby securities like shares and debentures are converted from material (paper documents) into electronic data and stored into computers of an Electronic Depository. Requirements to Open a Demat Account: 1) PAN Card 2) Cancelled Cheque 3) Address Proof 4) Photo ID Proof trading: It is defined as a function when an investor buys or sells in the market. BUYING: 1. An investor gets order executed and makes payment to the broker. 2. Investor instructs his Depository Participant to expect credit on settlement day. Broker instructs his DP to debit his Clearing Member account on settlement day. 3. Before settlement day Broker makes payment to clearinghouse through Clearing Bank. 4. On settlement day clearing house releases shares to broker’s Clearing Member account which is then transferred to investors account through NSDL (National Securities Depository Limited). Investor gets credit in his account. Selling: 1. An investor gets order executed. 2. Investor instructs his Depository Participant to debit his account with immediate effect. The shares move from investors account to Brokers Clearing Member account via NSDL. A Broker clearing member accounts is credited. 3. Before settlement day broker transfers shares from his clearing member account to Clearinghouse via NSDL. His account is debited. 4. On settlement day Broker receives payment from clearing house which he passes on to the investor. Intraday Based Trading: Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions will usually (not necessarily always) be closed before the market close of the trading day. This is the opposite of After-hours trading. Traders that participate in day trading are called day traders. Delivery Based Trading: Delivery based trading involves buying shares on a market day, holding them and selling them only after receiving the delivery of those shares in demat account. ONLINE SHARE TRADING: Online Trading involves investment activity which takes place over the internet and it does not require physical inclusion of broker. An investor has to register with an online trading portal like Sharekhan. com, India Infoline. om and many companies like that and investor gets into an agreement with the firm to trade in different securities according to terms and conditions in the agreement. As the servers of the online portal are connected all the time to the stock exchange and designated banks the order processing is done in real time and the investors can also have updates on trading. They can also check the status of their order either through e-mails or through interf ace that it cannot be accessed by the third party. Some options are usually given to the users such as to link their bank account, Demat accounts and Brokerage account into a single interface. A single window is there for all exchanges and a single screen is there for the complete order routing mechanism. There are two broad models in play in the online brokerage space- 1) Bank-backed firms 2) Entrepreneur- floated firms Bank-backed firms: Bank-backed firms such as ICICIdirect. com and HDFC Securities have expanded on the basis of their brand name and trust of investors in them. The integrated 3-in-1 account offered by these companies help their parent bank by giving it accounts along with float income. Entrepreneurship-floated firms: Companies like India Infoline, Sharekhan, IndiaBulls, Religare and Karvy have expanded by offering the customers a mix of online and offline accounts, higher margin finance amount and lower brokerage rates. Advantages of Online Trading: 1) Provides with the freedom of information Through internet an investor can – ? Know the price of any stock he desires at any point of time on the internet. ? An investor can review the price history of any stock in the chart format online. ? The investor can follow in depth the events happening in the market. ? Consult with other online investors in any part of the world. Conduct extensive financial research of any company he desires. 2) Ensures the best price for the investors. 3) Provides instant trade execution 4) Provides level playing field. 5) Keeps information secure. 6) Instant order trade confirmation. 7) Consult on line help desk for queries. Disadvantages of Online Trading: 1) Brokerage is high as compared to off line 2) Privacy ca n be less due to hacking scandals. 3) Transactional errors due to technical problems. MAJOR PLAYERS OF INDIA The following are the major players: ? A. G. Shares & Securities ? India Bulls ? India Infoline ? Karvy Share khan ? ICICIDirect ? Motilal oswal Secureties ? Religare ? HDFC Securities ? Reliance Money A. G. SHARES & SECURITIES: A. G. Shares & Securities Ltd. (AGSSL)-(Sister Concern of India Casting Company) – a saga of success. Form a modest beginning in 1995 the Company has grown by leaps and bounds under the stewardship of Mr. Ajay Kumar Agarwal (Managing Director). AGSSL is an one stop shop providing gamut of financial services which include on line trading in NSE & Depository Services and Dematerialization of eligible securities, disbursement of corporate action benefits viz. non –cash benefits to the beneficial owner, settlement of securities traded on exchanges, pledging and hypothecation of eligible securities, stock lending and borrowings. Their sister concern namely â€Å" Seema Securities Pvt Ltd. â€Å" a member of BSE is providing various exclusive financial services related to BSE like on-line trading sale and purchase of Debenture, Shares, Warrants, sale and purchase of Shares. The other sister concern GKSSL having membership of NCDEX is also giving extra opportunity of clients to trade in most valuable exchanges. Products & Services: ? Broking with NSE in Cash Market Broking with BSE in Cash Market ? Dealing in Derivative trading in NSE & BSE ? NSDL Service ? CDSL Service ? Cash on sale ? Update services ? NCDEX Service ? MCX service INDIABULLS SECURITIES LIMITED Indiabulls Securities Limited was incorporated as GPF Securities Private Limited on June 9, 1995. The name of the company was changed to Orbis Securities Private Limited on December 15, 1995 to change the profile of the company and subsequently due to the conversion of the company into a public limited company; the name was further changed to Orbis Securities Lim ited on January 5, 2004. The name of the company was again changed to Indiabulls Securities Limited on February 16, 2004 so as to capitalize on the brand image of the term â€Å"Indiabulls† in the company name. ISL is a corporate member of capital market & derivative segment of The National Stock Exchange of India Ltd. At present, ISL accounts for approximately 3% of the total daily turnover of the Exchange with 32,359 client relationships and 70 branches spread across the country as of April 30, 2004. Products Offered by Indiabulls: ? Equity & Debt Stock Broking ? Insurance ? Commodity trading ? Depository Services ? Derivatives Broking Services Equity Research Services ? Mutual Fund Distribution ? IPO Distribution Type of Account Indiabulls Equity Trading Account Indiabulls Equity Trading Account is standard Online trading account from India bulls and along with online trading it also provides priority telephone access that gives you direct access to your Relationship Manager and full access to â₠¬ËœIndiabulls Equity Analysis'. Application Trading Terminal(Need Installation) Power Indiabulls Power Indiabulls trading terminal is the most advanced new generation trading platform with great speed. This trading terminal is built in JAVA. Power Indiabulls is extremely reach in features including Live Streaming Quotes, Fast Order Entry and execution, Tic by Tic Live Charts, Technical Analysis, Live News and Alerts, Extensive Reports for Real-time Accounting. Brokerage and fees : 1. Account opening fees : Rs 1200/- (One time non-refundable) as below: 250/- Equity Trading Account opening charge 200/- Demat Account opening charge 750/- Software changes Advantages of Indiabulls Equity Trading Account 1. Brokerage is less compare to other online trading companies. 2. Provide trading terminal ‘powerbulls', a java based software. It's very fast in terms of speed and execution INDIAINFOLINE SECURITY PRIVATE LTD India Infoline. com Securities Pvt. Ltd. is a wholly owned subsidiary of India Infoline. com Ltd and is the stock broking arm of India Infoline. com. The subsidiary was formed to comply with regulatory guidelines. www. 5paisa. com is a focused website for online stock market trading. 5paisa. com is a trade name owned by the India Infoline. com group. IILSPL has applied for trading membership of the BSE under Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) Rules 1992. IILSPL is in the business of providing broking services online via the Internet (â€Å"E-broking Services†) and has been permitted by the NSE by way of registration permission no: NSEIL/CMO/INET/1103/2000 dated 03/July/2000, and will be applying for permission to the BSE, to provide E-broking Services to its clients. IILSPL is a TRADING MEMBER of the National Stock Exchange of India. Products Offered by IILSPL: ? Stock market: IILSPL deals in stock market by trading in equity and derivatives. ? Personal finance: It Deals In Mutual Fund and Insurance. ? Online Trading: It provides services in stock and commodity trading (through Internet). Trade In: BSE and NSE Trading Terminals: 5Paisa offers 2 different online trading terminals to its customers: Investor Terminal (IT) Investor Terminal is 5Paisa's equity trading terminal for low volume trader. This is web based terminal and could access from anywhere. This product provides limited features in comparison of Trader Terminal, which is another product provided by 5Paisa. Trader Terminal (TT) Trader Terminal is design for high volume equity traders or day traders. Trader Terminal provides high volume trading with powerful interface and fast order execution. Few popular features of trader terminal are: Fast trade execution with instant trade confirmation. o Live streaming quotes and price watch on any number of stocks. o Intra day charts, updated live, tick-by-tick. o Live margin, position, marked to market profit & loss report. o Set any number of price alerts on any number of scrips. o Flexibility to customize screen layout and setting. o Facility to customize any number of portfolios & watch lists. o Facility to cancel all pending orders at one click. o Facility to square off all transactions at one click. o Top Gainers, Top Losers, Most Active, updated live. o Index information; index chart, index stock information live. Market depth, i. e. Best 5 bids and offers, updated live for all stocks. o Online access to both accounts and DP to check live updated Order and Trade Book. o Facility to place after market orders. o Online fund transfer facility from leading Banks including ICICI, HDFC, CITI and UTI banks. o Online intra-day technical calls. o Historical charts and technical analysis tools. o India Infoline's world – acclaimed news service and research. o and many more. Brokerage and Account opening fees: 1. Account opening fees: Rs 500/- one time non refundable. 2. 5 paisa offer competitive rates. They charge only 5 paisa for Rs 100 of trade done, which is 0. 05%. brokerage. In case of trade that result in delivery, they charge an additional 0. 20% for back office and securities handling. Advantages of 5paisa 1. Very fast execution speed. 2. Rates are very competitive then other providers. 3. Easy online fund transfer facility from leading Banks including ICICI, HDFC, CITI and UTI banks. 4. Free facility of subscribing to mutual funds, equity IPOs and other investment products. Disadvantages of 5paisa 1. No intra-day tick by tick charts in Investor Terminal (IT). 2. Investing in IPO and Mutual Funds is not so easy like in ICICIDirect. . Learning 5paisa Trading Terminal is little hard. IPO / Mutual Funds investment through 5Paisa (IndiaInfoLine) 1. 5Paisa provides free facility of subscribing to mutual funds, equity IPOs and other investment products using internet banking account of ICICI, HDFC, CITI and UTI banks. 2. Registered users with 5Paisa can logon to following website to apply in an IPO: http://www. indiainfoline. com/ipo 3. While applying for IPO shares online through 5Paisa, Investor are taken to there corresponding banks homepage. Investors can use there net banking user id & password & transfer funds directly using any of these banks. . 5Paisa members can use the similar steps to invest in Mutual Funds online. KARVY GROUP Karvy is a premier integrated financial services provider, and ranked among the top five in the country in all its business segments, services over 16 million individual investors in various capacities, and provides investor services to over 300 corporate in India. Karvy has a professional management team and ranks among the best in technology, operations and research of various industrial segments. History of Karvy: The birth of Karvy was on a modest scale in 1981. It began with the vision and enterprise of a small group of practicing Chartered Accountants who founded the flagship company, Karvy Consultants Limited. They started with consulting and financial accounting automation and carved inroads into the field of registry and share accounting by 1985. Since then, karvy utilized its experience and superlative expertise to go from strength to strength, to better their services, to innovate, diversify and in the process, evolved as one of India’s premier integrated financial service enterprise. Product & Services Offered by Karvy Group: 1. Financial Products Distribution (Investments/Loans). . Karvy consultant ltd. 3. Karvy merchant banking. 4. Insurance(life/general) 5. Stock Broking 6. Commodities Broking 7. Mutual Funds Services SHAREKHAN: Sharekhan is one of the leading retail brokerage of Citi Venture which is running successfully since 1922 in the country. Earlier it was the retail broking arm of the Mumbai-based SSKI Group, which has over eight decades of experience in the stock broking business. Sharekhan offers its customers a wide range of equity related services including trade execution on BSE, NSE, Derivatives, depository services, online trading, investment advice etc. Sharekhan is one of India's leading financial services companies. They provide a complete life-cycle of investment solution in Equities, Derivatives, Commodities, IPO, Mutual Funds, Depository Services, Portfolio Management Services and Insurance. They also offer personalized wealth management services for High Net worth individuals. With a physical presence in over 300 cities of India through more than 800 â€Å"Share Shops†, and an online presence through Sharekhan. com, India's premier online destination, they reach out to more than 800,000 trading customers. Products Offered by Sharekhan: ? Equity Trading Platform (Online/Offline). ? Commodities Trading Platform (Online/Offline). ? Portfolio Management Service. ? Mutual Fund Advisory and Distribution. ? Insurance Distribution Trade In: BSE and NSE Type of Account Classic Account Trading Terminal ShareKhan Classic account Allow investor to buy and sell stocks online along with the following features like multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer. a. Online trading account for investing in Equities and Derivatives b. Free trading through Phone (Dial-n-Trade) I. Two dedicated numbers for placing your orders with your cellphone or landline. II. Automtic funds tranfer with phone banking (for Citibank and HDFC bank customers) III. Simple and Secure Interactive Voice Response based system for authentication IV. get the trusted, professional advice of our telebrokers V. After hours order placement facility between 8. 00 am and 9. 30 am c. Integration of: Online trading + Bank + Demat account d. Instant cash transfer facility against purchase & sale of shares e. IPO investments f. Instant order and trade confirmations by e-mail g. Single screen interface for cash and derivatives ShareKhan SpeedTrade account This accounts for active traders who trade frequently during the day's trading session. Following are few popular features of SpeedTrade account. h. Single screen interface for cash and derivatives i. Real-time streaming quotes with Instant order Execution & Confirmation j. Hot keys similar to a traditional broker terminal k. Alerts and reminders l. Back-up facility to place trades on Direct Phone lines Brokerage: Some stock trading companies charge direct percentage while others charge a fixed amount per Rs 100. Sharekhan charges 0. 5% for inter day shares and 0. 1% for intra day or you could say Sharekhan charges 50 paise per Rs 100. Advantages of Sharekhan: 1. Online trading is very user friendly and one doesn't need any software to access. 2. They provides good quality of services like daily SMS alerts, mail alerts, stock recommendations etc. 3. Sharekhan has ability to transfer funds from most banks. Unlike ICICI Direct, HDFC Sec, etc. so investor not really needs to open an account with a particular bank as it can establish link with most modern banks. Disadvantages of Sharekhan: 1. They charge minimum brokerage of 10 paisa per stock would not let you trade stocks below 20 rs. (If you trade, you will loose majority of your money in brokerage). 2. Lots of hidden rules and charges. 3. They do not provide facility to book lim it order trades during after-hours. 4. Classic account holders cannot trade commodities. 5. Cannot purchase mutual funds online ICICI DIRECT: ICICIDirect (or ICICIDirect. com) is stock trading company of ICICI Bank. Along with stock trading and trading in derivatives in BSE and NSE, it also provides facility to invest in IPOs, Mutual Funds and Bonds. Trading is available in BSE and NSE. Trade In: BSE and NSE Type of Account ICICIDirect offers 3 different online trading platforms to its customers: 1. Share Trading Account Share Trading Account by ICICIDirect is primarily for buying and selling of stocks in BSE and NSE. This account allows Cash Trading, Margin Trading, MarginPLUS Trading, Spot Trading, Buy Today Sell Tomorrow and Call and Trade on phone. ICICIDirect. com website is the primary trading platform for this trading account. They also provide installable application terminal based application for high volume trader. 2. Wise Investment Account Along with stock trading and IPO investing in BSE and NSE, Wise Investment account also provide options to invest in Mutual Funds and Bonds online. Online Mutual funds investment allows investor to invest on-line in around 19 Mutual Fund companies. ICICI Direct offers various options while investing in Mutual Funds like Purchase Mutual Fund, Redemption and switch between different schemes, Systematic Investment plans, Systematic withdrawal plan and transferring existing Mutual Funds in to electronic mode. This account also provides facility to invest in Government of India Bonds and ICICI Bank Tax Saving Bonds. ICICIDirect. com website is the primary tool to invest in Mutual Funds, IPOs, Bonds and stock trading. 3. Active Trader Account Active Trader account gives more personalized investment options to the investors. It allows investor to use online and offline stock trading. It also provides with independent market expertise and support through a dedicated Relationship Manager from ICICI. Active Trader also provides commodity trading. Brokerage and fees 1. Account opening fees : Rs 750/- (One time non-refundable) 2. Brokerage : ICICIDirect. com brokerage varies on volume of trade and inclusive of demat transaction charges, service taxes and courier charges for contract notes. It ranges from 0. 1% to 0. 15% for margin trades, 0. 2% to 0. 425% for squared off trades and 0. 4% to 0. 85% on delivery based trades. Advantages of ICICIDirect 1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from ICICI and very well integrated. This feature makes ICICI the most interesting player in online trading facility. There is absolutely no manual interfere require. This is truly online trading environment. 2. Unlike most of the online trading companies in India which require transferring money to the broker's pool or towards deposits, at ICICIDirect you can manage your own demat and bank accounts through ICICIdirect. com. Money from selling stock is available in ICICI bank account as soon as the ICICIDirect receive it. 3. Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from one website. General Insurance is also available from ICICI Lombard. 4. Trading is available in both BSE and NSE. Disadvantages of ICICIDirect 1. Getting access to ICICIDirect. com website during market session can be frustrating. 2. ICICIDirect brokerage is high and not negotiable. 3. Not all stocks are available under Margin Plus. MOTILAL OSWAL SECURITIES: Incorporated in 1987, Motilal Oswal Securities Ltd is a well diversified financial services firm offering a range of financial products and services such as Wealth Management, Broking & Distribution, Commodity Broking, Portfolio Management Services, Institutional Equities, Private Equity, Investment Banking Services and Principal Strategies. Company have a diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients. They are headquartered in Mumbai and as of September 30th, 2009, had a network spread over 576 cities and towns comprising 1,257 Business Locations operated by them. As at September 30th, 2009, company had 5,80,667 registered customers. Type of Account Most E-Broking MOSt E-Broking is complete online stock trading solution for Indiaian stock market. Following are the features of MOSt E-Broking account: o Easy single screen trader with instant trade confirmation similar to exchange based trading terminals. o Access to various online reports like margin report, Demat A/c details, trades executed, turnover report, net position report with mark to market profit/loss and realized profit. o Online transfer funds through HDFC Bank Awards 1. 2005, Asiamoney Brokers ranked MOSt the best Indian brokerage firm in India. 2. March 2006, AQ Research declared MOSt the best research house for Indian stocks. RELIGARE : Religare Enterprises Limited is Ranbaxy Laboratories Limited promoted financial product and service provider company. Religare provide its service in three different segments including Retail, Wealth management and the Institutional spectrum. Company offers wide range of services including equities, commodities, insurance broking, wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services. Religare retail network has more than 900 locations in 300 cities and towns in India. Religare provides the online gateway to their investors so investor can trade online in Equities, Commodities, apply for IPOs, invest in Mutual Funds, and buy Insurance. Religare Securities Limited (RSL) is a subsidiary company of Religare Enterprises Ltd and involve in equity related services include online trading at BSE and NSE, Derivatives, commodities, IPO, Mutual fund, Investment banking and institutional broking services. People who wonder where Religare word came from, it's a Latin word meaning ‘to bind together'. Type of Account Religare offers its wide range of financial services though a sophisticated and customized trading platform – R-ACE (Religare Advanced Client Engine). Below are 3 flavors of R-ACE accounts available to the investors. 1. R-ACE (Basic) R-ACE (Religare Advanced Client Engine) the basic online trading account provided by Religare. Investor can trade and access their account information online and over the phone as well. This account comes with a browser based online trading platform and no additional software installation needed. 2. R-ACE Lite (Advanced) R-ACE Lite is the advanced trading platform for the investor of Religare. This trading account provides the entire feature of R-ACE (Basic) account. In addition it also provides real-time streaming stock quotes and alerts. This trading platform is also browser based and no software installation is needed. 3. R-ACE Pro (Professional) As the name indicates this account is for high volume traders. Along with the features from above 2 accounts, this account also comes with Trading Terminal software which needs to install on your computer. This terminal directly connects the investor to stock market and having all industry standard Treading terminal features including technical charting (intra-day and EOD), multiple watch list, advanced hot-key functions for faster trading, derivative chains, futures & options calculator etc. As in basic and advance account, trading is available online through internet and offline though phone. Brokerage and Account opening fees: Religare offers three kinds of accounts as above. Below are detail about fees and activation charges for each account: 1. R-ACE Account activation charges Rs. 299/-. Minimum margin of Rs. 5000/- required. 2. R-ACE Lite Account activation charges Rs. 499/-. Minimum margin of Rs. 5000/- required. 3. R-ACE Pro Account activation charges Rs. 999/-. Minimum margin of Rs. 10,000/- required. 4. Brokerage at Religare On the basis of volume and frequency of trading, Religare provide different options for brokerages. On the broader way they divided into three categories: o Classic Account Intraday brokerage varies from 0. 03% to 0. 05%. Delivery brokerage varies from 0. 30% to 0. 50%. Derivatives brokerage varies from 0. 3% to 0. 5%. o Classic Plus Fees: Rs 600 Validity Period 6 Months Intraday brokerage varies from 0. 03% to 0. 05%. Delivery brokerage varies from 0. 30% to 0. 50%. o Freedom Account In this payment plan, investor has to pay a fix amount in advance for Monthly (Rs 500), Quarterly (Rs. 1400), Half-yearly (Rs 2500) or Annual Subscription (Rs 4000). This one time payment enable account holder to trade for Rs. 3,00,000 intraday & derivative trading and Rs. 40,000 of delivery based trading for zero brokerage. o Trump Account Trump account has four payment options, Trump Plus, Trump Super, Trump Star and Trump Super Star plan. ? Trump Plus has annual subscription fees of Rs 2,500, Brokerage on Delivery Trades is 0. 25% and Brokerage on Intraday Trades & F Trades is 0. 025%. ? Trump Super has annual subscription fees of Rs. 15,000, Brokerage on Delivery Trades is 0. 15% and Brokerage on Intraday Trades & F Trades is 0. 015%. ? Trump Star has annual subscription fees of Rs. 50,000, Brokerage on Delivery Trades is 0. 10%, Brokerage on Intraday Trades is 0. 01% and Brokerage on Future Trades is 0. 08%. ? Trump Super Star has annual subscription fees of Rs. 1,00,000, Brokerage on Delivery Trades is 0. 10% and Brokerage on Intraday Trades & F Trades is 0. 005%. Advantages of Religare 1. Religare gives interest on unutilized cash when investor is waiting to make next trade or online investment. 2. They provide intraday reports and historical charting. 3. Varity of fee structure to fulfill need of different type of investors HDFC SECURITIES: HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and BSE, Trade on Futures & Options on the NSE and Online IPO Investment. Features on HDFC Securities Online trading : 1. Seamless Transactions – By integrating your accounts, we ensure minimal waste of time during movement of your funds and shares. . Speed – Orders are placed electronically, so proceeds are available instantly. 3. No manipulation – To prevent any mismanagement, we will send you an email confirmation, the minute your order is executed. 4. Safety and Security – HDFC Securities offer the highest level of security such as 128-bit encryption technology. 5. Dedicated and Separate contac t numbers – for trading over the phone as well as for customer care. RELIANCE MONEY: Reliance Money, A Reliance Capital Limited Company, is the financial services division of Reliance Anil Dhirubhai Ambani (ADA) Group. Reliance ADA group is among top 3 business houses in India with wide range of presence across various sectors. Group’s major interests ranges from communications (Reliance Communications) and financial services (Reliance Capital Ltd), to generation, transmission and distribution of power (Reliance Energy), infrastructure and entertainment. Reliance Money has over 22 lakhs customers and more then 10'000 branches in around 5000 cities in India. Company is among the largest broking and distribution house of financial products and having share of more then 3% of total stock market volume at BSE & NSE. RelianceMoney. com is the web based investment portal (with Online Stock Trading) from Reliance Money. This website enables its customer to invest & manage most of the services provided by Reliance Money including Equity (Stock) Trading, Commodity Trading, Derivatives, Mutual Fund Investment, IPO Investment, Life Insurances, General insurances, Money Transfer, Forex exchange, Gold Coins and Credit Cards Services. Company recently entered in to Wealth Management with tools like investment in equity-linked portfolio management services, structured products, insurance and mutual funds. The Reliance Money stock trading websites uses special security features ‘Security Token', which makes your online trading experience more secure without complexity. Stock Trading through RelianceMoney. com is available for BSE and NSE stock exchanges. Offline trading is also available through Reliance Money partners in more then 5000 city across India and through phone by dialing 022-39886000. Investment Options The investment options available with Reliance Money online portal are as below: 1. Equity (Stock) Trading at BSE, NSE and NSE F&O 2. IPO Investment 3. Derivatives Trading 4. Forex Trading 5. Commodity Trading(Gold, Silver, Crude etc†¦. ) at MCX, NCDEX and NMCE (FAQ's) 6. Mutual Fund Investment 7. Life & General Insurance 8. ‘Pure Swiss' Gold Coins (99. 99% pure, 24 carat) Trading Platforms Reliance Money provides 3 different trading platforms for equity trading: 1. Insta Trade 2. Fast Trade 3. Easytrade Reliance Money Technical Analysis (A paid service) Relance Money offers a simplified, automated, sophisticated technical analysis to Indian retail broking consumers with the help of Recognia's Technical Analysis tools. Recognia, a Canada based company, has proprietary pattern recognition technology capable of recognizing patterns in the price charts of any publicly traded financial instrument including stocks, bonds, funds, commodities, currencies and indexes. The technical services are available for introductory free 7-day trail period to Reliance Money users. Post the trail period, this service is available to users at a nominal subscription of Rs. 99 for 3 months/ Rs. 179 for 6 months/ Rs. 299 for a year, i. e. , less than Re 1 a day. Reliance Money Brokerage and fees: Reliance Money offers lowest brokerage rates in today's online stock trading industry in India. The brokerages are as low as 0. 075% for delivery based trading and 0. 02 for now delivery. For more detail about Reliance Money’s brokerage and fees visit the below section of this webpage. Reliance Money Demat Account Charges: |Fee Head |DP Charges | |Annual Services Charges – For Individuals / HUFs / Trust |Rs. 0/- | |Annual Services Charges – For NRIs / Foreign Nationals, Corporates / Others |Rs. 1000/- | |Transaction Charges – SELL (Market & Off Market) |Rs. 25/- | |For instructions given in physical form. | | |Transaction Charges – SELL (Market & Off Market) |Rs. 12/- | |For instructions received through Internet/ online trading through Reliance Securities Ltd. | Advantages of Reliance Money 1. Extra security features with ‘Security Token†, which is the most secure and tested technology in computer world. 2. Simple, easy and fast onlin e stock trading. 3. Almost all investment options are available under one account including Equity Trading, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. Branches are available in all major cities and the number is growing. METHODOLOGY OF STUDY Research can be defined as a systemized effort to gain new knowledge. A research is carried out by different methodologies which have their own pros and cons. Research methodology is a way to solve research in study and solving research problems along with logic behind them are defined through research methodology. Thus while talking about research methodologies we are not only talking of research methods but also consider the logic behind the methods. We are in context of our research studies and explain why it is being used a particular method or technique and why the others are not used. So that research result is capable of being evaluated either by researcher himself or by others. Research Methodology: Research has its special significance in solving various operational and planning problems of business and industry. Research methodology is a way to systematically analyze the research problem. Sampling Methods: A sample is the representative of the population which will predict the behavior of the whole universe While deciding about the method of data collection to be used for the study the researcher should keep two types of data. . Primary Data. 2. Secondary Data. We use in our research secondary data. Primary means collected a fresh, and the first time data and secondary means which are already available like annual report, magazines etc. Limitations: Every work has its own limitations. Limitations are extent to which the process should not exceed. The following limitations for the project are: ? Data taken was secondary ? A time constraint has also become a maj or limitation ? Complete data was not available due to company privacy and secrecy Objectives of Study: Understand basics of Online Stock Market Trading in India. ? Provide detail about popular online stock trading companies in India. ? Compare and discuss about stock trading websites, their products and services ? To study the awareness of people towards online trading & demat account. ? To study customer satisfaction towards operating expenses of online trading. ? To study the client’s satisfaction towards network security & security of their money. CONCLUSION ? The brokerage rates of A. G. Shares and Securities are maximum, i. . 9 paisa intraday and 90 paisa delivery while brokerage rates of Reliance Money are minimum, i. e. 2 paisa intraday and 7. 5 paisa delivery rate. ? The account opening charges for Indiabulls is maximum while it is nil at India Infoline, Sharekhan and HDFC Securities. ? The AMC at India bulls and Sharekhan are Nil while maximum in Religare Rs 1200 p. aOn the basis of our analysis Reliance Money is the best online trading account because it charges minimum brokerage rates and less annual maintenance charges ? Branches are available in all major cities and the number is growing ? It is very difficult to find out the best online trading account but in a web survey ICICIDirect was founded the best online trading account. ? Second no. was given to India infoline REFERENCE 1) http://www. chittorgarh. com/newportal/online-stock-brokers-list. asp 2) www. indiainfoline. com 3) www. 5paisa. com 4) www. sharekhan. com 5) www. indiabulls. com 6) www. agssl. com 7) www. karvy. com 8) www. wikipedia. com [pic]

An Inside Look at the Economic Performance of China in April 2012 Essay

An Inside Look at the Economic Performance of China in April 2012 - Essay Example Recently, the china daily newspaper, reported that the economy is dwindling, a factor that has taken the country by storm, considering that the country has had a booming economic pattern in the last few years. This article looks at the factors that have affected the country’s gross domestic product, and the resultant consequences. According to the china daily, the recently released economic informants have indicated that the country’s economy have continued to slow down throughout the month of April, which has raised concerns that the country’s government will opt to adopt greater policies so that it can ease and help to stimulate the growth of the country’s gross domestic product. 2 The policy makers of the country have resulted to quickly annihilating the industrial production and fixed investment sector, in addition to the disappointing trade figures, factors that have overtaken inflation as the main issues of concern for Chinese policymakers.3 Various factors and measurement tools are used to determine the value of the gross domestic product. These factors are subdivided into four major groups of expenditures. These are consumption, investments, government purchases, and the net exports. However, other means of calculating the gross domestic product include adding up the value of every firm that is involved in the production of final goods and services. In addition, other measures can also be employed such as the total production and the total income.4 According to the China Daily, various risks are associated with this downtrend, which has driven the policy makers to act quickly. According to the analysts, the gross domestic product for the country is expected to reduce in the month of April compared to other months in the year. The reasons for these downward trends are the weak exports and dwindling real estate markets. However, there are other factors that I will analyze, which have caused the economic downtown in the country. These factors are related to consumption, investments, government purchases, and net exports.5 The basic equation for calculating the gross domestic product is GDP=C+I+G+ (X-M), where C represents the private consumption, I represents the gross investments, G represents government spending and (X-M) represents the exports minus imports.6 Production approach In order for China to experience declining economic growth in the in the production sector, a number of reasons can be attributed. One of the major factors is that the country has been experiencing a decline in the number of exports to other countries. As a result, the manufacturers have been hard hit and the ports remain piled due to the low demands of these goods. A major contributor to the low demand of the products is the availability of quality substitutes, which are produced in another country.7 Products such as the mobile phones and the electronic equipment such as the televisions have remained in low demand though the co st of production in the country is low. In addition, the value of the Chinese Yuan has constantly been on the rise due to the recent demand for its products and services. This has made the Yuan appreciate over other currencies such as the Japanese yen, the Australian dollar and the Hong Kong dollar. Consequently, importers from other countries are required to spend more to import this product. The result is that other importers cease buying from China.8 Another reason for

Frozen yogurt Essay Example | Topics and Well Written Essays - 250 words

Frozen yogurt - Essay Example It has limited flavor as such it does not appeal to the taste-buds. Another brand of yogurt that I tried was Scream frozen yogurt. There is nothing to scream about it, its design is cute, easy to find and park (as such no wastage of time), but its main drawback is that it is not organic. Topping selection is also limited. As for Bango Frozen yogurt, it has low calories, and the free wifi service in an inconvenient location will not serve my purpose apart from the important disadvantage that the yogurt is not tasty. Frozen yogurt is my food. I am willing to skip my dinner and eat yogurt to my heart’s content. It is nutritious and easy to digest and it helps to keep my body fit and fine. With the addition of artificial flavors, the original flavor of yogurt is lost. As such, I like flavor-free yogurt. The original sweet-sour flavor of yogurt appeals to me. I like frozen yogurt for its quality and appearance. Majority of my friends like frozen yogurt and I would like to go by their choice. We friends go for social gatherings and after the school hours we reach out to Panda Yo outlet to enjoy eating yogurt. Eating it in the company of the classmates/friends, gives great satisfaction. Even though I like natural yogurt normally, I often choose some mild flavors and of them I like strawberry the best. But I make it a point to experiment with different flavors, when I decide to go for flavored

Treatment of a soft tissue ankle injury Grade 1 and Grade 2 Essay

Treatment of a soft tissue ankle injury Grade 1 and Grade 2 - Essay Example Assessment of the injury is the determining factor for the intervention, which is applied in the treatment and management of the ankle injury. Many soft tissue injuries are commonly treated through simple interventions without surgery. Surgery is not indicated except to correct the most severe injuries. Soft injuries involve different range of tissue injuries from ankle tissue sprains to muscular and tendon injuries. The treatment of these injuries commonly involves interventions aimed at restoring full range of functionality to these tissues. The fundamental symptoms of these injuries include swelling, pain and stiffness, which commonly result in limited mobility. Epidemiology of the condition has indicated that these common issues can easily result in chronic disabilities. Soft tissue injuries commonly refer to trauma in various muscles, tendons, and ligaments located in a range of structures. These injuries commonly result from strains, sprains or excessive use of a body part, common to athletes, whose activities create soft-tissue risk factors for injuries in the legs specifically. The basic symptoms of these injuries include extreme pain, swelling and inflammation stressing affected tissues to the detriment of normal function. The PRICE principle is the intervention that is applied immediately following the injury. This principle is an acronym referring to the management procedures applied for soft tissue injury. The intervention usually begins immediately following the injury before hospitalisation and diagnosis of the severity of the sustained injury. Protection: This is performed to ensure the individual does not sustain further damage upon the injured area. Often, this involves a cast or brace that restricts whatever motion or position is most likely to exacerbate the injury while supporting the healing process. Ice: After sustaining an injury, ice is a necessity for the reduction of swelling and pain within the first 72 hours following

Three elements of a poem Term Paper Example | Topics and Well Written Essays - 500 words

Three elements of a poem - Term Paper Example Aside from the form, another appealing element of the poem is its theme which is about undying love. It aims to show that love goes beyond life. It is an everlasting devotion to one’s loved one. The universal theme of the sonnet is one of the reasons why it has gained literary acclaim. The major figure of speech used in the sonnet is anaphora or the repetition of a word or phrase. This theme is emphasized through the poet’s repetition of â€Å"I love thee† in several lines of the poem. Of the fourteen lines of the poem, the phrase â€Å"I love thee† appears in eight of the lines. The use of anaphora further reinforces the theme of the sonnet. Another figure of speech employed by Browning is the use of alliteration which is the repetition of consonant sounds. Example of these are in line 3, where the words â€Å"soul† and â€Å"sight† are used and in line 8, where the words â€Å"purely† and â€Å"Praise† were utilized. Lines seven and eight indicate the presence of similes, which is, â€Å"I love thee freely; as men strive for Right, I love thee purely, as they turn from Praise† (Clugston, 2010). The form, the theme and the figures of speech that one finds in the sonnet has made one appreciate this poem more. It inspires one to fall in love because of the joy that it brings. The sonnet gives one a yearning to learn to love and be loved in the way that is described by the poet. One is affected even after reading only the first two lines â€Å"How do I love thee, let me count the ways†. The first two lines impact on the reader is somehow that of irony. It leaves one into thinking whether one can really count the ways, much more, measure the extent of one’s love for another. It is ironic because at the end of the poem, one realizes that, the number of ways to show love is beyond counting because it an emotion that goes beyond one’s life. This poem is considered by one as very typical of an English

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Earth Science Essay Example | Topics and Well Written Essays - 1000 words - 1

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Skill Essay Example | Topics and Well Written Essays - 2250 words

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Staffing Organizations in a Coffee Business Term Paper

Staffing Organizations in a Coffee Business - Term Paper Example The association between the employer and employees will determine the relationship between the employees and a particular business entity. This coffee shop will be a sole proprietor’s business hence the owner is synonymous to the business. This means the relationship between the workers and the employer will signify that between the business and the employees. Conflicts between employees and employers are common occurrences, and there have been legal perspectives developed to address them. According to Salvacion (2008), the employees should sign contracts, and terms of service within the laws of the land, which clearly stipulate the duties, roles, obligations, and rights of both the employer and the employee. The relationship between the coffee shop and the employees will be devoid of discrimination, wrongful termination, poor working environment, and poor and unreliable payments. These are just but a few areas of legal concern, but the entire federal employment law shall be a pplicable in this mutually beneficial relationship. During the course of business operations in the coffee shop, issues of disparate treatment may arise. Disparate treatments involve favoritism or discrimination of employees at the workplace. Favoritism may take place due to religious, racial, sex, age and disability biases. According to Salvacion (2008), when such discriminations exist in business without correction overtime, then services of a lawyer should be sought to ensure that the problem is solved in due consideration of the law. Due to the fact that I desire the growth of the coffee shop, I will not allow disparate treatment to reach this level. I will endeavor to avoid the same through ensuring that there are effective and efficient communication channels to allow the employees to express their grievances on disparate treatment. This will be achieved for example, by providing a free environment to allow the employees to air their views like organizing team building events. Another way is by taking speedy action on complaints on disparate treatment geared towards embracing equal treatment for all employees regardless of the social and physical differences.  

Major Forces Shaping the U.S. Economy Essay Example for Free

Major Forces Shaping the U.S. Economy Essay Three issues will shape the economy’s performance the next 18 months. To what extent will consumer spending slow? What is the outlook for business expenditures? Will the Federal Reserve go too far in raising rates? Commentators and pundits are prone to say that consumers are â€Å"in great shape,† |†still going strong,† â€Å"resilient,† and so on. While it is easy to get caught up in this optimism, there is a need to focus more on the finances that underlie this spending. On a basic analysis, it will quickly become apparent that household finances are stretched to the point where slowdown can be expected, perhaps a significant slowdown, in consumer spending the next 6-12 months. Some of the reasons behind such a possibility are: Interest Rates: With the overall cost of credit rising since 2004, Americans with large outstanding balances on their credit cards, home equity loans, and adjustable rate mortgages are starting to feel the pinch. The Explosion in Household Debt. For years, Americans have been spending far more than what they have been earning. With borrowing costs historically low and home equity values increasing, consumers piled up on debt to finance a level of consumption that far exceeded their income growth. In the last five years, Americans have increased their total outstanding debt by $5 trillion. (To put that number in context, corporate sector debt jumped by about $1 trillion in that time frame, while federal government debt rose by $1. 3 trillion). That $5 trillion in additional liabilities brought total outstanding household debt to a record $11. 8 trillion. Servicing this massive liability was certainly easier when interest rates were low. But after a steady rally of rising rates, the burden of carrying those IOUs has now gotten much harder. Gasoline Costs. In addition to servicing that huge debt, Americans will need to part with more money for gasoline in coming months. A few other reasons on this line are: Rising Healthcare Costs Marginal Growth in Real Income Tougher Personal Bankruptcy Laws A Boost to Savings because of Rising Interest Rates The cumulative effects of these factors will depress consumer spending the second half of the year and probably through the first half of 2007. What is the Outlook for Business Expenditures: Since consumer outlays make up 70% of all U. S. economic activity, the expected slowdown in household spending will have a palpable impact on the economy. Fortunately, what will keep the economy out of any serious trouble is business spending. Driving capital expenditures this year will be strong profits, high capacity utilization rates, strong foreign demand for U. S. products, global competitive pressures, and that the cost of capital remains relatively low. Will the Federal Reserve Go Too Far in Raising Rates: So long as the Fed does not go too far in raising rates, a level that can be defined as above 5. 50%, the threat of recession is nil this year and next. Led by weaker consumer spending a softer housing market, U. S. economic activity can slow markedly in the second half of 2006 and last through the first half of 2007. However, strong business expenditures and a pick up in exports will keep the economy out of any serious trouble. Of course, should the economy suddenly be sideswiped by a serious external shock, the threat of recession becomes more real. The severity and timing of the downturn will depend on the nature of the shock. While there are numerous risks that bear close watching — such as the war in Iraq, the Israeli-Palestinian talks, North Korea, 2006 hurricane season, Venezuela, Nigeria —the threats that have the greatest probability of materializing involve Iran, a terrorist strike on Saudi oil facilities, and an Avian flu human pandemic (Baumohl).

Leon Battista Albertis Treatise on Architecture

Leon Battista Albertis Treatise on Architecture Discuss Albertis treatise on Architecture in relation to San Andrea in Mantua. In particular, discuss the role of humanistic philosophy in his work giving careful attention to the question of proportion Leon Battista Alberti (1404-72) was a true Renaissance man. He was a gifted playwright, mathematician and sportsman trained in Law. As the person in charge of the constructions commanded by the Pope, he had the occasion to write one of the greatest works of the theory of architecture De Re Aedificatoria (On Building). Most of it was completed in 1452 and printed in 1485. In the Ten books of the Art of Building Alberti has explained the usefulness of a roof and wall for human. He said that it helps us to come close to one another and also grow together. Therefore we should be grateful to architects not only because they provides us a safe and welcome place but also for its many innovations, which are useful to both individuals and the public and the also provide our daily needs (page 3). Commissioned by Ludovico II Gonzaga, the church was begun in 1462 according to designs by Leon Battista Alberti on a site occupied by a Benedictine monastery, of which the bell tower (1414) remains. The building, however, was finished only 328 years later. Though later changes and expansions altered Albertis design, the church is still considered to be one of Albertis most complete works. The purpose of the renaissance building was to contain the pilgrims who visited it during the feast of Ascension when a vial, that the faithful argue contains the Blood of Christ, is brought up from the crypt below through a hole in the floor directly under the dome. According to tradition the Most Precious Blood was brought to Mantua by the Roman centurion Longinus and is preserved in the Sacred Vessels. It was held with high respect during the Renaissance which is only display on Holy Friday. Humanism is the studying of the classics (Greek and Latin) and incorporating their ideas into ones own. It is the cultural movement of the Renaissance architecture. Most renaissance classical architecture shows more clarity than the older ones, because it emphasizes clean lines, geometric shapes, symmetry. It argues whether that is more enlightened than medieval architecture. It was more thought out, perhaps; more consistent, more systematic. Alberti had many philosophies when designing for buildings, and like the works of Vitruvius, created text that gave instruction on how to build, but saved main emphasis on the decoration and the exterior aesthetics of the structure. One principle that Alberti made use of was a system of Proportionality that he developed using systematic harmony of musical ratio, to make his buildings appealing. Defined as the precise and correct outline, conceived in the mind, made up of lines and angles, and perfected in the learned intellect and imagination, this theory and lineamenta were fundamental in Albertis process of design. Alberti believed that the Lineamenta stood as an outline and allowed proportions to be perceived in the design , where The very same numbers that cause sound to have that concinnitas, pleasing to the ears, can also fill the eyes and mind with wondrous delight. Reapplying emphasis on the humanistic approach to design The tie with the humanistic style of design is a constant theme throughout Albertis ten books, and the beauty of Buildings also features heavily. Alberts definition, Beauty resides in a reasoned harmony of all the parts within a body, so that nothing may be added, taken away, or altered, but for the worse. It is a great and holy matter, all our resources of skill and ingenuity will be taxed in achieving it; and rarely is it granted even to Nature herself, to produce anything that is entirely complete and perfect in every respect. (VI, ii, 156). Albertis view of what Beauty is has connection to the analogy of anthropomorphism, seeing Man as a component that uses energy to serve and do well. This philosophy maintains that Alberti believed that men were made in Gods image and likeness, creator of the universe, and through this thought, understood that what qualities make a building beautiful opens the path to the route of all Knowledge and the original source of beauty to draw from, God himself. In his treatise nature is used as inspiration, where the reason of Nature permits an architect to investigate into the features of the natural world, including mans influence, to become better equipped to perceive and make use of Concinnitas, (which Alberti refers to as the spouse and soul of reason) to link presenting nature as the source of art in architecture and the nature based laws embedded in the outside world. As in the San Andrea, Mantua the faà §ade of the church is exquisitely decorated with curves and flowing patterns on the ordered columns, drawing from Albertis treatise and its guidance on how to not only create a building, but how to make its beauty reflect that of Gods love and Nature Refrences: sacredarchitecture.org/authors/carroll_william_westfall/ -Carroll William Westfall(Journal entry 16) http://www.greatbuildings.com/buildings/S._Andrea.html Marvin Trachtenberg and Isabelle Hyman. Architecture: from Prehistory to Post-Modernism. p295-6 References Title: On the Art of Building in Ten Books Author: Leon Battista Alberti Translator: Joseph Rykwert, Neil Leach, Robert Tavernor Published by the MIT Press Cambridge, Massachusetts London, England http://www.albertiefirenze.it/english/leon_battista_alberti/index.htm http://eng.archinform.net/projekte/4126.htm

What is meant by internal and external drivers for change

What is meant by internal and external drivers for change With globalisation it is an important to have clear concept about business management. Business environment is the totality of all such factors which influence the working and decision making of a business organisation. Business is a commercial enterprises ventured into secure maximum possible profit and to give best services to the public. These are things, events or situations that occur the way a business operations, either in a positive or negative way. This can be called driving forces or environmental factors. They are; Internal driving forces, which are the things, situations or events that are occurred inside the business and these generally under control of the company. The main internal driving forces are given below; Technological Capacity The new discoveries make the old one obsolete. The business community has to keep itself abreast with the technological changes. And it is also an important aspect as it shapes the business operations in the long run. Today the scientists are working on such technologies which will change the entire production process. The company is not running without most modern technology, they cannot competent to others Organisational Culture Organisational behaviour can be defined as the systematic study of the behaviour and attitude of both individual and group within the organisation. Organisations that have a powerful success spirit, and always embrace change and listen to staff and customers are said to be forward looking. Forward looking organisations, they are risk takers and also they done there business very well. So organisation is the essential part of a company. There is no well organisation culture in a company, which may negatively affect the production of a company, to fight in the competitive business world, business turnover, co-ordination of employees, staff etc Financial Management Finance is the main factor of a business. Without money, no business. There is direct relationship between money and the business. According this view financial management has a powerful stand in the business organisation. In a company the finance management take decision about fund distribution like purchase of raw materials, introduce new assets, proper fund distribution etc In these reasons financial management has a powerful stand in the internal driving force. Employee Morale The level of confidence and strength of a person or group is very important of a company. The employee has no morale or they are not committed their job, the company going in down words. The employees are satisfied with their both company and job, which will make a positive energy For increasing employee morale the Corus Company introduce more programs and also they provide mental confidence to the employees. Poor Delivery Poor customer service or delivery is a universal problem that impacts on the bottom line and profit margins in all types of industries, business and services throughout the world. The time plays an important role in the business. Customers need goods and services at their own time; otherwise they select another comfortable company or services. For example; The Corus Strip products UK (CSP) The Corus Company, there were delays to delivering steel to customers on time. So that leads to loss of business. Competition Globalisation has sharpened the competition. Introduce new ideas, technologies, innovations, techniques etc are the main parts of business competition. To face the competition every organisation suffer more things like expense, organisation problems, external problems etc.. For example Corus steel company cannot competitive to other companies because production of steel in UK could be more expensive than from than other countries. In these reason the Corus Company faced many problems in the business world. High wastage The wastage makes a big trouble to the companies, and also they dont know how to overcome this problem. Every organisation looking for less wastage and more product. For example, the Corus Company falling to make products right first time meant that they had to be reworked or scrapped. II External Driving Forces External driving forces are those kinds of things, situations or events that occurred from outside of the company or organisation. And now we can discuss about, what are the external driving forces of a company. Economy There is an intimate relationship between the business firm and the economic environment. The performance of business depends up on the economic environment. At any type of financial fluctuations like inflation or deflation badly affect the business. Political Influence The political forces are directly bearing on the functioning of the business. Political influences like ideology of parties, Govt. policies, Govt decisions, political stability, tax policy, etc are positively or negatively affected the business environment. New Competitors Competition makes challenge the business world. New competitors make more trebles for other companies, because they introduce new technology, ideas, innovations and customer satisfied goods and services with reasonable price. But old companies cannot competitive with them as well because there machines, technologies and all other things are old, and they cant replace it. For example, low cost producers in Eastern Europe were taking business and its could lead to reduce demand with higher costs. Technology It is also an important aspect as it shapes the business operations in the long run business. Technology includes inventions, discoveries and new and better techniques of converting the resources in to final product. Technology helps in performing the operations in much better and cheaper way. The customer expects higher specifications, so it can maintain only new technologies. Customer Satisfaction Customer satisfaction is a business term, is a measure of how products and services supplied by a company meet or surpass customer expectation. It is seen as a key performance indicator within business and is part of the four perspectives of a Balanced Scorecard. In business, customers are the king. For customer satisfaction every company introduce new products, attractive packing, adopting new technology, attractive schemes, offers etc Day to day every customers looking for a new technology and high quality products, so the company update there thinking, technology, otherwise they cannot competent with others. In these reasons customer satisfaction has a powerful external driving force of a company. Both internal and external factors are driving the running business. But it under controlled by business organisation. A well organised management can be easily controlled these internal and external driving forces. In the case of Corus Company, in 2005 they introduce new cultural programme called the journey The main courses of this programme is to overcome the poor driving behaviour. For overcoming the both external and internal poor behaviour they introduce so many programmes like push up employees skills, self awareness, promotion and development programmes etc After the programme the company get a new face in the business field. There are external and internal driving forces to promote sustainable development of Corus Company. The different driving forces have different strength levels. The external driving forces provide external condition to CPS UK development. The internal driving forces are permanent fountainhead to promote Corus sustainable development. All the driving forces are indispensable to promote Corus Companies sustainable development. 2. What barriers to change existed at Corus? Resistance  to change is the action taken by individuals and groups when they perceive that a change that is occurring as a threat to them. Key words here are perceive and threat. The threat need not be real or large for resistance to occur. In its usual description it refers to change within organizations, although it also is found elsewhere in other forms. Resistance is the equivalent of objections  in sales and disagreement in general discussions. Resistance may take many forms, including active or passive, overt or covert, individual or organized, aggressive or timid. Resistance is an inevitable response to any major change. Individuals naturally rush to defend the status quo if they feel their security or statuses are threatened. Folger Skarlicki (1999) claim that organizational change can generate scepticism and resistance in employees, making it sometimes difficult or impossible to implement organizational improvements. In order to understand the concept of employee resistance, it is critical to define what is meant by the term  resistance. Change is a common occurrence within organisations, and resistance to change is just as common. There are several types of resistance to change. Understanding these different types of resistance, the company can reduce resistance and encourage compliance with change. There are basically two groups associated with a resistance to change of an organisation. (I)Individual level of sources (II)Organisational level of sources (I)Individual level of sources Individual sources of resistance to change reside in basic human characteristics such as perceptions, personalities, and needs. In the case of Corus Company they faced many problems in resistance to change, especially in internal sources. The following summarizes reasons why individuals may resist change in Corus Company. I.1 fear to unknown Some changes require that employees possess a new set of skill and hence without training. So employees will not welcome the changes of a company. In the case of Corus Company, they make some more changes for their improvement of a company, but employee resistance the changes. Because they fear about their job, current position, other benefits etc In the Corus Company, the fear of unknown badly affects the new changes of the company I.2 Lack of skills This is another problem of resistance to change of a company. If company introduce new changes that may directly affect the employees of a company At that time they update them self without any training. The employees of Corus company they had fear about their skills, current teams, and position etc I.3 Habit Resistance due to habit occurs when the employees are comfortable in their daily habits and do not want to alter them due to change, because they are already skilled and experienced person in their own works. Sudden changes or alternatives cannot accept to the employees. So it may another course of resistance to change. Employees of Corus Company, they did not change their habits and attitude, so they resist the changes of the company I.4 Ageing work force Corus Company has a powerful work force. Lot of skilled and experienced employees are the power of a company. When the company introduced new innovations, technologies, ideas that may affect the workforce of employees. Older employees has very big personal skill and experience, that cannot be transferable. So it may another reason for resistance to change of Corus Company. I.5 Economic factors Employee may fear that the change will lead to technological unemployment, because new technology is associated with education of labour intake so they resist the change. When workers resist changing, which will leads to high standards which in turn may reduce the opportunities for bonus or incentive pays. The new changes make disturbance in their work. These all things show the economic factors in resistance to change. II Organisational Sources Organisational changes are activities of transformation or modification of something. The main purpose of these types of activities is improvement of business result. Organisational changes are not simply the journey from one point to another point. Many barriers will need to be passed in this process. One of the biggest barriers is resistance that is sub component on every organisational change. Managers should have known that there are always people that will resist of a change process. Efficiency and effectiveness of a change process are in direct relation with resistance and successfully dealing with that resistance. So these are the main organisational sources for resistance to change; II.1 Threat to job status or security Job reductions had been a major problem in the steel industry since the 1970s. At the same time the Corus companys some previous changes had lead to cut jobs. So this is the course for resistance to change of a company. Other people didnt see a threat to their job because the business had previously survived difficult times. This is difficult to Corus. II.2 Unexplained changes to the time line If the time line o the change process that is spelt out of the beginning of the change process is continually shifted without explanation, employees will lose confidence in the change process and they will not share management vision. II.3 Lack of trust In an environment where there is a lack to believe, that there will be sinister motive for the change. Furthermore managers who do not trust their employees will not allow employees participation in the change process even when it is necessary. So lack of trust is another important factor of resistance to change. So these are the main resistance to change in the Corus Company. From the above reasons employees of the Corus Company did not accept the changes. Directly or indirectly barriers make many problems in the company and also it affects whole companys activity. The company also had a long term service experience with experienced employees, but they had lower productivity. For increasing productivity the company add changes and gaining more rewards rather than newer employee. Corus felt that this was an area that needed major changes, so company were suitably rewarded to the employee for higher output. 3. Analyse the approaches Corus used to overcome these barriers. Changes are an inevitable factor in any organisation. The effective and challenged leaders and management can manage changes, adopting new technology, new innovations etc Yet as inevitable as change may be, it is just as inevitable that there will also be individuals within this organisations who reject any major changes or innovations to their workplace. The barrier shows the efficiency of a company or organisation. Barriers make many problems in the company, but if a company manages theses problems, they can run a business very successfully. Some strategies which can be used to overcome this resistance to change. For example, CSP U.K. The Corus Company faced many problems like cultural issue, social issue, economical factors, habit of employees, fear of unknown, limited forces changes etc But the Corus Company overcome the barriers very well, and we can see how Corus Company overcomes the barriers. There are five tactics have been suggested for use by change agents in dealing with resistance to change in the Corus company U.K Communication There are two branches of communication, which are communication internally, within the organisation between employees and management and externally between the organisation and suppliers and customers. Organisations that fail to communicate with their customers and suppliers, changes that are in effect can face disastrous consequences. For increasing communication skills the Corus Company introduce new programme The Journey. According to this programme the employees increase their direct and indirect communication, for example they provide weekly newsletters and workshops etc Participation Where the initiators do not have all the information they need to design the change and where others have considerable power to resist. When employees are involved in the change effort they are more likely to busy into change rather than resist it. This approach is likely to lower resistance and those who merely acquiesce to change. For example, from the start it was important to the Corus Company to share with employees what might happen to the business if it is did not change. Corus give more important to their employees, also getting everyone to take ownership of the new values by physically signing up to the programme. After that the employee more involved in decision making, works etc and also their experience are recognised. So with the good participation the company can overcome the barriers. Building emotional commitment Today talent management is the key imperative, making employee commitment more important than other. The commitment makes a positive energy inside and outside the business organisation. Research on middle managers has shown that when managers or employees have emotional commitment to change, they favour the status quo and resist it. For building emotional commitment the Corus Company U.K provide many more programs. Corus provide ownership to their employee. It may more involve in decision making and their contributions. With the help of emotional commitment programme the Corus Company overcome the barriers of change. Implementing changes fairly The management seen that the change as positively. But the employees take those changes as negatively. So if a company introduce new changes of their company at the same time they think how to overcome the barriers. For example, in 2005 the Corus Company make a programme for overcome the barriers of change, and also increase employee morale. Around 150 workshops were held to spread the messages. Fortnightly newspaper clarified these values and repeated the key messages through articles on various activities, such as employees taking part in the redesigning of a control room to improve layout and safety. Billboards, intranet, video programmes and most of all, direct one-to-one conversations all reinforced the messages. And also 1500 senior managers were invited to the millennium Stadium in Cardiff. This programme is impressive venue raised expectations. However, they were served cold tea and give a presentation on a ripped projector screen. So these activities show the implementing ch anges of Corus Company. Selecting people Research suggests that to ability to easily accept and adapt is change is related to personality. Some people simply have more positive attitude towards them self, are willing to take risk and are flexible in their behaviour. Another study found that selecting people based on a resistance to change scale worked welling winnowing out those who tended to react emotionally to change or to be rigid. For example, the Corus group arrange many programmes for increasing working mentality of the employees. The journey also raised important questions about how the company managed key issue, such as alcohol or drug misuse. For keep this thing the company makes, all working sites are alcohol free. Understandably, before the change programme, any one offending in this way was likely to face disciplinary action and this is still the case in most working environment. As a result in over fifty employees that previously would have lost their jobs being retained in work. These points said that, how the Corus company overcome the barriers to change. In generally, the first key technique to overcome the resistance the barriers is that to work closely with employees. Employees are the main part of a business, so the management make creative and helpful ideas for their employees otherwise company lost their co-ordination power, employee morale, unity between employees and management. For increasing the self confidence of the employee, the company provide verity programs. In these types of programs Corus company overcome the barriers to change. 4. Evaluate the effectiveness of the change programme so far. The changes can make challenges in the world. In the same way without challenges there is no change. Significant organizational change occurs, for example, when an organization changes its overall strategy for success, adds or removes a major section or practice, and/or wants to change the very nature by which it operates. It also occurs when an organization evolves through various life cycles, just like people must successfully evolve through life cycles. For organizations to develop, they often must undergo significant change at various points in their development. Leaders and managers continually make efforts to accomplish successful and significant change its inherent in their jobs. Some are very good at this effort, while others continually struggle and fail. Thats often the difference between people who thrive in their roles and those that get shuttled around from job to job, ultimately settling into a role where theyre frustrated and ineffective. There are many schools with educational programs about organizations, business, leadership and management. Unfortunately, there still are not enough schools with programs about how to analyze organizations, identify critically important priorities to address and then undertake successful and significant change to address those priorities. Now we are going to evaluate the effectiveness of the change in the Corus Company. Corus Company was formed in 1999 when the former British steel plc merged with the Dutch company. Now the Corus Company is subsidiary of Indian owned Tata Group. In 1999 Corus has three operating divisions and 40,000employees in world wide. Corus aims to be a leader in the steel industry by providing better products, higher quality customer service and better value for money than its rivals. In 2005 CSP UK introduced a cultural plan for change called The Journey. The journey change programme at Corus Strip Products contributes to sustainability for the business. By facing up to its internal weakness, CSP has improved efficiency, increased output, lowered costs and reduced waste in an increasingly competitive steel market. This has enabled the business not just to survive but also to grow even during the economic recession of 2008 and 2009. Thanks to the Journey programme, CSP UK expects to reduce costs for the 2009/10 financial year by around  £250 million. To make sure that actions delivered results, Corus established clear targets and standards. After the journey Corus Company achieve their target. The key performance indicators are given below; -: Increased their production capacity from 4.5% to 5 million tonnes -: They reduce 20% of cost of production -: 5000 employees have signed up to the values and beliefs of the business -: Another outcome is reduction in absenteeism -: The measurable improvements in levels of quality and services for customers -: New outcome changes have increased new safety terms -: Emissions of carbon dioxide has reduced by 10%, so CSP UK exceeds Govt. Standards -: As the results of measurable improvements company make challenges in the local community For achieving company values and targets, all individuals, departments are engaged very well. This journey helps to enable further improvement of Corus Company. Individuals, teams and departments all support the improvement culture and are more engaged and committed to achieving company values and targets. This culture shift is of critical value as it will enable further improvement. Corus has implemented top-level security with controlled access for the 5000+ vehicles which enter the Corus site each day. This provides a new enhanced entry experience for employees, contractors and suppliers and demonstrates that Corus Strip Products is now seen as an organisation that is proud of itself. As a men, institution, organisation or a company as if everybody looking for a change. Because we need changes. If they fail to do so they may be left behind by the competition. change management at CPS (Corus Strip Products) UK involved bringing the issues out into the open, confronting barriers to change, winning the commitment, provide moral support to the employees, provide better and effective plan for change an also keep the internal and external relationship to the customers. The journey has helped CSP UK to get a new face in the business field. After the programme employees get more morale power from the top level management, as the result they more attached with their work. The result of the change management programme shows that, the Corus is a sustainable company and it can continue to make profits in spite of the recession. In these things said that the effectiveness of the change programme in the Corus company UK. When the Corus Company introduced new changes in their company, at that time the employee did not accept the changes in their own individual, group and social reasons. But the company overcome the resistance of change very well. This is show that the change may challenge peoples. It may even be seen as a threat. Which company make it as a challenge; they must be adopting the changes in their organisation. Word count- 3888