Criticall review for secure Database Essay Example | Topics and Well Written Essays - 1000 words

Criticall review for secure Database - Essay Example One of the reasons for not implementing secured databases is the improper design that does not act in accordance to organizational security policies. This document presents the importance of database security and critically reviews the various reasons for improper security implementation. Moreover, the document provides comprehensive analysis of the techniques and strategies are being utilized to overcome the database security issues (Abramov, Anson, Dahan, Shoval and Sturm, 2012). Database Security The database security is concerned with the unauthorized access or misuse of the authorized user which leads to the leakage of personal or potential information. A database is said to be a reliable data storage source if it does not compromise on confidentiality (data security), integrity (the correctness of data) and availability. The integrity of data is dependent on the data gathering and storing process, moreover, if the database could be accessed by unauthorized users can influence t he correctness of data. ... Moreover, the data can be made secure by the application security and database integrity controls (Oracle, 2003). Logical and Physical Database Security The Elmasri and Navathe in 2004 a methodology have been introduced for developing a database design. The database designing methodology has following three (3) main phases include: the Conceptual database design, Logical database design, and Physical database design. As the objective of this document s to present a review of the database security concerns for avoiding illegal access, therefore, the document limits the discussion to the logical database design phase. In order to implement the security policies, the logical database design is the most critical phase. The database security can be implemented while designing the database and developing the software application. There are certain techniques need to be implemented for the development of a secured database. One of the techniques is the general security specification techniq ue that can be implemented using Unified Modeling Language (UML) use cases. In order to implement the user privileges the database designer needs to implement the access control specification technique. One of the limitations of these techniques include these methods do not have provisions to tackle the organizational security policy. Keeping in view the limitations, a new security model has been suggested in which the database designers can implement the organizational security policy patterns which would be implemented while application development. In the design phase the database designers can develop security constraints following organizational policy. The

Historical look at corrections systems Essay Example for Free

Historical look at corrections systems Essay Criminal justice refers to the system used by a government to maintain social control, prevent crime, enforce laws and administer justice. Law enforcement (police), the courts and corrections (prisons) are the primary agencies charged with these responsibilities. The discussion contained in this paper is on the corrections as a division in the criminal justice system. World over, the police are invloved in law enforcement. Those who break the law, regarded as offenders, are charged in a court of law and if found guilty are passed over to the corrections. Corrections, according to (The Wikipedia encyclopedia, n. d. ) Rretrieved March 14, 2007, from http://en. wikipedia. org/wiki/Prison database, refer to one of the components of the criminal justice system that serves to punish and in many instances rehabilitate criminal offenders. Sentences given to offenders range from probation to serving time in prison, or community corrections program, home confinement, and electronic monitoring. Financial penalties may include fines, forfeiture, and restitution. World over, prisons remain the primary type of institution for housing offenders. Prison, penitentiary, or correctional facility, Wakipedia encyclopedia says, is a place in which individuals are physically confined or interned, and usually deprived of a range of personal freedoms. The prison, says (The Howard League for Penal Reform n. d. ) History of Prison: Retrieved March 14, 2007, from http://www. howardleague. org/ database, is â€Å"just one of a number of sanctions available to the courts to deal with those who commit criminal offences. † A historical look at corrections systems: In the 16th and 17 century, according to The Howard League for Penal Reform, sanctions for criminal behaviour tended to be public events which were designed to shame the person and deter others; these included the ducking stool, the pillory, whipping, branding and the stocks. At the time the sentence for many other offences was death. Prison tended to be a place where people were held before their trial or while awaiting punishment. Men and women, boys and girls, debtors and murderers were all held together in local prisons. It was very rarely used as a punishment in its own right. The correction system, by all standards was quite brutal as after one being convicted, he or she was either subjected to instant punishment such as whipping or even death. Howard League of Penal Reform says that â€Å"Evidence suggests that the prisons of this period were badly maintained and often controlled by negligent prison warders. Many people died of diseases like gaol fever, which was a form of typhus. † Houses of correction were originally part of the machinery of the Poor Law, intended to instil habits of industry through prison labour. Most of those held in them were petty offenders, vagrants and the disorderly local poor. By the end of the 17th century they were absorbed into the prison system under the control of the local Justices of the Peace. The league points out that although the 18th century has been characterised as the era of the Bloody Code there was growing opposition to the death penalty for all but the most serious crimes. Such severe punishment was counter-productive, as jurors were refusing to find thieves guilty of offences, which would lead to their execution. At this time many jailers were unpaid and they earned extra money by charging prisoners for food, drink, fuel, beds and blankets. Some jailers would put shackles and manacles on prisoners and would charge fees for them to be removed. Many prisoners were bullied by jailers and other prisoners, and would often have to pay a form of protection money. By the mid-18th century imprisonment, with hard labour, was beginning to be seen as a suitable sanction for petty offenders. â€Å"Transportation was a much-used method for disposing of convicted people. Convicts were shipped to the British colonies like America (until the end of the American War of Independence in 1776), Australia, and Van Diemen’s Land (Tasmania),† writes the league. But transportation was curtailed at the end of the 18th century. Other sanctions therefore had to be found. The two prominent alternatives were hard labour or incarceration. In 1777, there were condemnations of the prison system as disorganised, barbaric and filthy with calls for reforms including the installation of paid staff, outside inspection, a proper diet and other necessities for prisoners. Penal reformers also ensured the separation of men and women and that sanitation was improved. Various Acts were also put in place that gave specifications of the measurements for prison cells. In the 19th centruary capital punishment begun being regarded as an inappropriate sanction for many crimes. The shaming sanctions, like the stocks, were regarded as outdated. The 1800s saw the introduction of new systems and a tightening of the prison regime. The Silent and Separate Systems were used either to keep a regime of silence or to keep prisoners in solitary confinement. The idea being prisoners could not infect each other with criminal ways. These methods were soon criticised with people citing the high incidences of insanity amongst prisoners. Improvements were made in 1815 when an Act was passed to prevent jailers from charging prisoners. The state now paid jailers, while magistrates were given the responsibility of inspecting the jails. By mid-century, imprisonment had replaced capital punishment for most serious offences except for that of murder. Ideas relating to penal reform with the rehabilitation of offenders were becoming increasingly popular. The 19th century saw the birth of the state prison. † This is the period, which also saw prisons being controlled centrally. At this time prison was seen primarily as a means to deter offending. This was a movement away form the reforming ideals of the past. By 1877 all prison staff were salaried and commissioners stressed that staff would be selected on merit alone. In late 1890s, many governments put in place Acts that saw the abolition of hard labour, and established the idea that prison labour should be productive, not least for the prisoners, who should be able to earn their livelihood on release. In the 20th centruary, the development of the prison system gained momentum. In 1919 prison warders were renamed prison officers. Separate confinement of prisoners was abolished in 1922 and soon over 400 voluntary teachers started work in prisons. Pollock M. Joyceline (Google Book) Prisons Today and Tommorrow , Jones and Bartlett Publishers, (pg 318) says that beginning in the 1960s, mere confinement in prison was no longer viewed as sufficient to correct deviant behavior. Rehabilitation programes (vocational training, education, counceling, and psychotherapy, work release, furloughs and self improvement activities) were introduced inot prisons that had previously custody as the sole organizational goal. Fundamental to this emphasis on rehabilitation was an expectation that correctional officers should move beyond the comfortable, clearly defined security role and function in the more ambigious role of the highly qualified human service-oriented professional capable of assisting in rehabilitation of the offender, (Pollock M). Howard League of Penal Reform says that the 1990s have also seen the introduction of prisons which are designed, financed, built and run by private companies. Supporters of privatization argue that it will lead to cheaper, more innovative prisons, with critics arguing that private prisons are flawed both in principle and in practice. Today, correction systems, in many nations, adhere to the fundamental human rights. Prisons today are more civilised in regime and conditions. Prison officers are involved in administering rewards to prisoners for good behaviour as well as overseeing better prison facilities such as gymnasiums, prison shops, health care and training. In England and Wales running water and toilets are now installed in 98 percent of prison cells. Education, work and programmes to tackle drug addiction, offending behaviour and bullying are now commonplace. Certainly conditions have changed for the better, but these changes should not be confused or considered to be making prisons easy, more tolerable perhaps. Prison is about taking a persons liberty away, doing so is the real punishment.

Photography vs. Text Essay -- Art Writing Literature Essays

Photography vs. Text Man's first step on the moon, the Hindenburg Disaster, The Gold Rush of 1849, The Great Depression, and the realities of Vietnam are all in our memory because of one thing: photography. Many may not remember what literature and history books say about the war in Vietnam, but what about the graphic photo of a South Vietnamese Buddhist burning himself alive? Some may not recall the words of news anchor Walter Cronkite as he announced the death of President Kennedy, but may reminisce on what film captured-- first he took off his glasses, next he looked you straight in the eyes and delivered the message in a straightforward and serious matter: "Three shots were fired at President Kennedy's motorcade in downtown Dallas." (qtd. in Bestor) Cronkite remembers it as "the only time (he) ever broke down while on the air." (qtd. in Hayes) An hour and a-half later, According to the World Book Multimedia Encyclopedia, photography froze history as Lyndon B. Johnson made his presidential oath on Air-Force One. Jackie Kennedy watched on with ineffable emotion. ("Kennedy"). Two days later was the assassination of Lee Harvey Oswald, captured by a photographer at the exact moment that Jack Ruby pulled the pistol and shot Oswald point-blank. The picture-- depicting the horror on Oswald's face and Jack Ruby's expression of anger-- won the 1963 Pulitzer Prize for photographic journalism. Edward Steichen said to TIME reporters in 1961 that "photography records the gamut of feelings written on the human face, the beauty of the earth and skies that man has inherited, and the wealth and confusion man has created. It is a major force in explaining man to himself." (Eurlich and DeBruhl 505.) Steichen was a pioneer in ... ...t to lose." (Eurlich and DeBruhl 126) These great pieces of art are primarily so for their ability to freeze time in a split second. No other art form in the world, not even literature, can match that. Works Cited Eurlich, Eugene, and Marshall DeBruhl. The International Thesaurus of Quotations New York: HarperPerrenial, 1996 World Book Multimedia Encyclopedia San Diego: Ivid Communications, 1997 Bestor, Mary Jane. JFK Death: Sunday Was 35th Anniversary News Article 21 Jun. 2000 <http://www.wcco.com/news/stories/news-981123-055109.html> Hayes, Ace R. A Reporter's Lie: Cronkite and the Party Line (Book Review) 22 Jun. 2000 <http://www.radio4all.org/pfp/cronkite.html> Newmann, Renee M. Dyslexia: Explanations from Science Dyslexia & Dyscalculia Support Services of Shiawassee County. 24 Jun. 2000 <http://www.shianet.org/~reneenew/dysl.html>

Physical Security Principles Essay

Safety in numbers has always been a deterrent method when leaving or traveling through places that are not safe. But without proper physical security measures set in place when leaving any facility or building the need for a crowd will be of no use. Proper physical security requires accessing the risk that may cause threats, vulnerabilities, and attacks when certain principles are not implemented. Physical security also refers to tangible impediments to attack or unauthorized entry. Safety involves having the building, grounds, access to and from the parking area, and other hidden locations secure by lighting, monitoring, and physical patrol. Physical security should include the inside of the building as well as the outside and adjoining perimeter. Building Security There can never be too much security for a business, corporation, school, or home owner. The threat of an individual causing bodily harm or taking personal belongings without permission are very high if proper equipment and safety precautions are not taken. Proper lighting and cameras should accommodate buildings for the safety and protection of employees, staff, and students. Securing the facility and the type of risk that is ssociated with each building will need analyzing and assessed for protection. Each facility is different when providing security for their site. Federal buildings will not require the same type of protection as a bakery. Security for Building Occupants and Assets (2009) states â€Å" that it may require addressing certain situations such as unauthorized entry/trespass (forced and covert), insider threats, explosive threats, stationary and moving vehicle-delivered, mail bombs, package bombs ballistic threats, small arms, high-powered rifles, drive-by shootings, etc. weapons of mass destruction (chemical, biological, and radiological) disruptive threats (hoaxes, false reports, malicious attempts to disrupt operations) cyber and information security threats† (WBDG, 09). Each business building structure will determine the basic requirements for securing the safety and well being of staff and personnel. One size do not fit all but according to Katz and Capsi, 2003, states â€Å" Prior to running out and ordering millions of dollars of protective equipment, professionals should evaluate the overall security of your facility and a detailed report of the results should be prepared†. Ground Security Another key issue that complements the safety of any building is the lighting of that building. Lighting inside and outside of a building can help deter physical mishaps and attacks The lighting should be situated at every entry and exit and also throughout the building and also positioned correctly for better angles and views of open areas and spaces. Perimeter security lighting should also be available for long corridors and parking garages. Correct lighting in these places can give patrons a better visual of their surroundings and also allow them to see what may be obstructing their path. Having proper lighting and cameras may not be enough to keep out unwanted activity. Employing trained security professionals to patrol the facilities can add to deterring criminals. Hired security guards by a reputable company can add to the buildings safety and that of the patrons coming and going. How likely a crime target any specific building is, depends on the perceived gain to the perpetrator, balanced against his perceived risk of apprehension or defeat (Witherspoon, 2002). The presence of a trained guard can limit the amount of loitering or negative behavior outside and offer a feeling of safety to staff and employees who are ntering or leaving the building. Technology Advancement Physical security for any facility is a major factor for keeping safe and having modern technology on site is a greater addition. Protecting the facilities assets requires the company to stay ahead with modern day upgrades and devices for ensuring that whatever or whomever is gaining access to the property is suppose to be there. Monitoring the individuals who enter through facility access control and perimeter fences or installing video and closed circuit television surveillance can eliminate trespassers and those with no prior business on the property. Personal identification systems can also be established that use fingerprints and biometrics to gain access into any facility for staff and personnel. The amount of technology to use for physical security is unlimited depending on the facility and what needs protecting. Conclusion Physical security involves many components such as location, configuration, size, shape, and many other vital attributes that comes with a standing structure. Keeping people safe on the inside as well as those on the outside requires security principles that go beyond what just the normal eye can see. Applying the correct physical equipment to lower the risk of unwanted behaviors and attacks depends on how well the perimeter is guarded. Advanced technology including cameras and monitoring systems add to the insurance of physical security and if used properly can lower the possibility of threats. There is never an answer for what system works best but using a variety of methods is sure to make leaving work a little safer.

Cebu Pacific Air

History – In late August, 1988, Cebu Air was established in Pasay City, Metro Manila, the Philippines, but it only started operations almost 8 years later, in early March, 1996. – In February 1998, Cebu Pacific Air was grounded by the government, but continued its services next month, after the re-certification of its aircraft. – In late November, 2001, Cebu Pacific Air started operating international flights with a twice-daily service to Hong-Kong. – On the 1st of March, 2002, Cebu Pacific Air introduced thrice-weekly flights to Seoul. In the following years, Cebu Pacific Air continued to introduce new routes and increase flight frequency for some of the existing ones. – In late May, 2008, Cebu Pacific was named as the world's number one airline in terms of growth, ranking fifth in Asia for Budget Airline passengers transported and 23rd in the world. – On July 22, 2008, Cebu Pacific became the first airline to use the new Terminal 3 of the N inoy Aquino International Airport and the first airline to operate international commercial flights from the new terminal. In August, 2009, Cebu Pacific opened its Twitter account, being the first airline in the Philippines to use social media. – The only fatal accident in the history of Cebu Pacific took place on the 2nd day of February, 1998, when Cebu Pacific Flight 387, a DC-9-32 travelling from Manila to Cagayan de Oro, crashed on the slopes of Mount Sumagaya due to a pilot error, killing all 104 people on board. October 18, 2006 – Cebu Pacific (CEB), the country’s low fare leader, is now the No. domestic airline in terms of flying the most passengers, operating the most number of flight frequencies ; routes and flying to the most domestic destinations. CEB flies to 20 domestic destinations and operates a total of 624 one-way flights per week. The airline also operates a total of 24 routes in its domestic network. As of the latest market share report for th e period covering October 1-15, CEB has a domestic market share of 45% and is ahead of its closest competitor by 1 market share point.This information comes from various airport operations summary reports. Lance Gokongwei, CEB CEO and president, said that the airline now offers an unbeatable combination of the lowest fares, the most number of domestic destinations and routes, the most flight frequencies, on-time flights and the newest planes in the country. Background Cebu Pacific entered the market in March 1996 with a promise to give â€Å"low fare, great value† to everyone who wanted to fly.After offering low fares to domestic destination, it launched its international operations in November 2001 and now caters flight to Bangkok, Busan, Guangzhou, Ho Chi Minh, Hong Kong, Jakarta, Kota Kinabalu, Kuala Lumpur, Macau, Osaka, Seoul, Shanghai, Singapore and Taipei. It provides destinations to which where one can go shopping and site seeing. Cebu Pacific Air operates a fleet of 33 Airbus (10 A319 and 23 A320) and 8 ATR 72-500 aircraft in which is the youngest fleet in the Philippines. Cebu Pacific is not just the leader in low fares but also in innovation and creativity.It was the first local airline to introduce e-ticketing, prepaid excess baggage and seat selection in the Philippines. Guests have also learned to anticipate a uniquely upbeat flying experience, as this is the only domestic carrier that offers fun in the skies with its games on board popularly known as Fun Flights, together with its entertaining in-flight magazine. Cebu Pacific also partnered with various destination hotels, car rental service, travel insurance and entertainment ticketing service, to provide its guests a more convenient travel experience.On time performance, schedule reliability and a smooth, comfortable flight are just some of the things that the air-traveling public has come to expect. Cebu Pacific Air is a low-cost airline based in Pasay City, Manila, the Philippines. It is the country’s second largest airline after Philippine Airlines. Its main base is Ninoy Aquino International Airport, Manila, with a hub at Mactan-Cebu International Airport. The airline was established on 26 August 1988 and started operations on March 8, 1996. It initially started with 24 domestic flights daily among Metro Manila, Metro Cebu, and Davao City.By end 2001, its operations have grown to about 80 daily flight to 18 domestic destinations. The airline is a subsidiary of  JG Summit Holdings. Cebu Pacific is currently headed by Lance Gokongwei, presumptive heir of  John Gokongwei, the chairman emeritus of JG Summit. The company has 1,182 employees (as of March 2007. In October 2010, the airline completed an IPO of 30. 4% of outstanding shares. Cebu Pacific carried more than 10 million passengers in 2010. Cebu Pacific started Cebu Pacific Air’s (CEB) unique low-fare; great-value strategy has allowed travelers to enjoy affordable flights to various local a nd international destinations.It offers industry leading budget fares through year-round â€Å"Go Fares†, which makes use of a tiered-pricing system. This unique product provides ultra-low fares through advanced bookings, making air travel a truly viable option for the Filipino, because Cebu Pacific believes that it’s time every Juan flies. More than this, CEB allows everyone to experience many firsts in the industry, innovations such as the global trend of e-ticketing, web check-in, seat selection, prepaid excess baggage and internet booking through www. ebupacificair. com. With a fleet of 38 aircraft with an average age of 3. 6 years, CEB operates the largest and youngest fleet in the Philippines. To support its growth requirements, CEB will be taking delivery of 22 more Airbus A320 aircraft in the next 5 years. In addition, CEB will be taking delivery of four Airbus 330 wide-body jets, 30 Airbus A321neo aircrafts, the newest member of the A320 series, to add more ra nge, flexibility and efficiency to its fleet. Aside from having the largest domestic network and perating the most local flights daily, CEB continues to expand its international presence as it now flies 19 international destinations in the region, including major cities in China, Korea and Vietnam. As a true innovator in the industry, CEB recently launched flights to Cambodia, home of the Angkor Wat heritage site and direct access from Hong Kong to Kalibo, gateway to the world -renowned island of Boracay. Truly, Cebu Pacific Air works at making more dreams of flight a reality, true to JG Summit’s vision to make a better life available to the Filipino.SWOT Analysis Strengths * Group bookings may be made through the airline’s Group Sales team and will be subject to specific rules on deposits, payment, rebooking and restrictions. The passenger may contact Group Sales for more information. * Air flight bookings may be made directly on  www. cebupacificair. com, with the airline’s ticket offices * Cebu Pacific Air offers a number of facilities as part of its online booking management program: * Web Check-in * Change flights * Printing of schedule receipts * Cancel flights or entire booking * Purchase add-ons Operates 100+ flights a day, to 27 destinations in 7 countries. * Asia’s 3rd largest low-cost airline based carrier with great value * After AirAsia (Malaysia) and JetStar (Australia) * With a market share of 50% * Flown over 45 million passengers since March 1996 * Low cost, great value * Concept: No-frills Airline No hot meals. No newspaper. Mono-class seating. Operating with a single-aircraft type. Faster turnaround time * Makes the flight enjoyable * Fun flights Games, flight safety, sometimes wedding proposals * Gives importance to small details * AirplanesYoungest fleet –29 aircrafts, average age of 17 months * Small enough to land on smaller airstrips –e. g. top tourist destinations-Boracay & Palawan * No. 1 do mestic airline * Domestic flights: 55 * Routes: 146 * Destinations: 33 domestic & 16 international Opportunities * Cebu Pacific has launched a range of innovative advertising opportunities both outdoors and on board, including aircraft body wrap, print ads on thermal boarding passes, and sponsored games on board. * Cebu Pacific operates an average of 270 domestic and international flights daily and flew over 4. million passengers between January and May 2011. * â€Å"We are proud to say that Cebu Pacific is the first airline to offer ambient advertising for those who wish to align their products with CEB’s high-quality and fun image, while also reaching out to a captive audience, day-in, day-out through our flights,† said CEB VP for Marketing and Distribution, Candice Iyog. * Cebu Pacific has made recent additions to advertising opportunities on board including overhead cabin lockers, seat trays, motion sickness bags, cups, and napkins. â€Å"We offer out-of-the-box a dvertising options to companies for maximum return of investment and measurable results. This includes advertising opportunities in the sky, through one of our aircraft, as well as strategic placements on our website,† added Candice. * The airline operates 10 Airbus A319, 15 Airbus A320 and 8 ATR-72 500 aircraft. By the end of 2011, CEB will be operating a fleet of 37 aircraft – with an average age of less than 3. 5 years – one of the most modern aircraft fleets in the world. Between 2012 and 2021, Cebu Pacific will take an additional 23 Airbus A320 and 30 Airbus A321neo aircraft. * Cebu pacific was given an opportunity to offer an alternative * When the airline industry was liberated * Legacy carriers (PAL) were privatized * Shows financial strength * Held an initial public offering (October 2013) * Largest local IPO in the Philippines U$D239 million * Php125 per share, 214. 63 shares * Raised Php26. 8 billion in the stock market * Looks at future possibilities * Airline industry’s potential growth is at 15% to 20% * Ordered 24 new Airbus units at U$D2 billionTo handle more passengers Fly more frequently to more routes * Revolutionized the booking system * Dramatic reduction of distribution costs * Gives priority to sales promotion as a mode of communication * Tiered pricing schemes and incentives * The earlier you book, the cheaper the ticket will be Threats * Delayed flights because of bomb threats Cebu Pacific is now the No. 1 domestic airline â€Å"Since the launch of our ‘Go’ fares last November, we have seen how this has influenced air travel and encouraged more people to fly.Our end-September reports show that total domestic travel was up by almost 40% compared to the same period last year and we believe that there’s still more we can do for the industry and the growing Philippine economy,† Gokongwei said. â€Å"As we expand our operations and open new routes, both domestic and regional, we will co ntinue to offer the lowest fares in the destinations we fly to. Tens of thousands of people are flying for the first time and that makes both our passengers and the airline very happy,† Gokongwei added.Gokongwei also said â€Å"This is indeed a milestone in the history of Cebu Pacific and much of the credit must go to the CEB team who has worked tirelessly for the past 10 years. Now we are No. 1 in the Philippines and hope to do the same for the region. † Now in its 11th year, CEB has the newest fleet in the Philippines and one of the newest in Asia as it operates 12 brand new Airbus aircraft to its 20 domestic and 6 regional destinations. The airline awaits the delivery of two more Airbus aircraft in early 2007 to complete its $670 million re-fleeting program. Cebu Pacific Air History – In late August, 1988, Cebu Air was established in Pasay City, Metro Manila, the Philippines, but it only started operations almost 8 years later, in early March, 1996. – In February 1998, Cebu Pacific Air was grounded by the government, but continued its services next month, after the re-certification of its aircraft. – In late November, 2001, Cebu Pacific Air started operating international flights with a twice-daily service to Hong-Kong. – On the 1st of March, 2002, Cebu Pacific Air introduced thrice-weekly flights to Seoul. In the following years, Cebu Pacific Air continued to introduce new routes and increase flight frequency for some of the existing ones. – In late May, 2008, Cebu Pacific was named as the world's number one airline in terms of growth, ranking fifth in Asia for Budget Airline passengers transported and 23rd in the world. – On July 22, 2008, Cebu Pacific became the first airline to use the new Terminal 3 of the N inoy Aquino International Airport and the first airline to operate international commercial flights from the new terminal. In August, 2009, Cebu Pacific opened its Twitter account, being the first airline in the Philippines to use social media. – The only fatal accident in the history of Cebu Pacific took place on the 2nd day of February, 1998, when Cebu Pacific Flight 387, a DC-9-32 travelling from Manila to Cagayan de Oro, crashed on the slopes of Mount Sumagaya due to a pilot error, killing all 104 people on board. October 18, 2006 – Cebu Pacific (CEB), the country’s low fare leader, is now the No. domestic airline in terms of flying the most passengers, operating the most number of flight frequencies ; routes and flying to the most domestic destinations. CEB flies to 20 domestic destinations and operates a total of 624 one-way flights per week. The airline also operates a total of 24 routes in its domestic network. As of the latest market share report for th e period covering October 1-15, CEB has a domestic market share of 45% and is ahead of its closest competitor by 1 market share point.This information comes from various airport operations summary reports. Lance Gokongwei, CEB CEO and president, said that the airline now offers an unbeatable combination of the lowest fares, the most number of domestic destinations and routes, the most flight frequencies, on-time flights and the newest planes in the country. Background Cebu Pacific entered the market in March 1996 with a promise to give â€Å"low fare, great value† to everyone who wanted to fly.After offering low fares to domestic destination, it launched its international operations in November 2001 and now caters flight to Bangkok, Busan, Guangzhou, Ho Chi Minh, Hong Kong, Jakarta, Kota Kinabalu, Kuala Lumpur, Macau, Osaka, Seoul, Shanghai, Singapore and Taipei. It provides destinations to which where one can go shopping and site seeing. Cebu Pacific Air operates a fleet of 33 Airbus (10 A319 and 23 A320) and 8 ATR 72-500 aircraft in which is the youngest fleet in the Philippines. Cebu Pacific is not just the leader in low fares but also in innovation and creativity.It was the first local airline to introduce e-ticketing, prepaid excess baggage and seat selection in the Philippines. Guests have also learned to anticipate a uniquely upbeat flying experience, as this is the only domestic carrier that offers fun in the skies with its games on board popularly known as Fun Flights, together with its entertaining in-flight magazine. Cebu Pacific also partnered with various destination hotels, car rental service, travel insurance and entertainment ticketing service, to provide its guests a more convenient travel experience.On time performance, schedule reliability and a smooth, comfortable flight are just some of the things that the air-traveling public has come to expect. Cebu Pacific Air is a low-cost airline based in Pasay City, Manila, the Philippines. It is the country’s second largest airline after Philippine Airlines. Its main base is Ninoy Aquino International Airport, Manila, with a hub at Mactan-Cebu International Airport. The airline was established on 26 August 1988 and started operations on March 8, 1996. It initially started with 24 domestic flights daily among Metro Manila, Metro Cebu, and Davao City.By end 2001, its operations have grown to about 80 daily flight to 18 domestic destinations. The airline is a subsidiary of  JG Summit Holdings. Cebu Pacific is currently headed by Lance Gokongwei, presumptive heir of  John Gokongwei, the chairman emeritus of JG Summit. The company has 1,182 employees (as of March 2007. In October 2010, the airline completed an IPO of 30. 4% of outstanding shares. Cebu Pacific carried more than 10 million passengers in 2010. Cebu Pacific started Cebu Pacific Air’s (CEB) unique low-fare; great-value strategy has allowed travelers to enjoy affordable flights to various local a nd international destinations.It offers industry leading budget fares through year-round â€Å"Go Fares†, which makes use of a tiered-pricing system. This unique product provides ultra-low fares through advanced bookings, making air travel a truly viable option for the Filipino, because Cebu Pacific believes that it’s time every Juan flies. More than this, CEB allows everyone to experience many firsts in the industry, innovations such as the global trend of e-ticketing, web check-in, seat selection, prepaid excess baggage and internet booking through www. ebupacificair. com. With a fleet of 38 aircraft with an average age of 3. 6 years, CEB operates the largest and youngest fleet in the Philippines. To support its growth requirements, CEB will be taking delivery of 22 more Airbus A320 aircraft in the next 5 years. In addition, CEB will be taking delivery of four Airbus 330 wide-body jets, 30 Airbus A321neo aircrafts, the newest member of the A320 series, to add more ra nge, flexibility and efficiency to its fleet. Aside from having the largest domestic network and perating the most local flights daily, CEB continues to expand its international presence as it now flies 19 international destinations in the region, including major cities in China, Korea and Vietnam. As a true innovator in the industry, CEB recently launched flights to Cambodia, home of the Angkor Wat heritage site and direct access from Hong Kong to Kalibo, gateway to the world -renowned island of Boracay. Truly, Cebu Pacific Air works at making more dreams of flight a reality, true to JG Summit’s vision to make a better life available to the Filipino.SWOT Analysis Strengths * Group bookings may be made through the airline’s Group Sales team and will be subject to specific rules on deposits, payment, rebooking and restrictions. The passenger may contact Group Sales for more information. * Air flight bookings may be made directly on  www. cebupacificair. com, with the airline’s ticket offices * Cebu Pacific Air offers a number of facilities as part of its online booking management program: * Web Check-in * Change flights * Printing of schedule receipts * Cancel flights or entire booking * Purchase add-ons Operates 100+ flights a day, to 27 destinations in 7 countries. * Asia’s 3rd largest low-cost airline based carrier with great value * After AirAsia (Malaysia) and JetStar (Australia) * With a market share of 50% * Flown over 45 million passengers since March 1996 * Low cost, great value * Concept: No-frills Airline No hot meals. No newspaper. Mono-class seating. Operating with a single-aircraft type. Faster turnaround time * Makes the flight enjoyable * Fun flights Games, flight safety, sometimes wedding proposals * Gives importance to small details * AirplanesYoungest fleet –29 aircrafts, average age of 17 months * Small enough to land on smaller airstrips –e. g. top tourist destinations-Boracay & Palawan * No. 1 do mestic airline * Domestic flights: 55 * Routes: 146 * Destinations: 33 domestic & 16 international Opportunities * Cebu Pacific has launched a range of innovative advertising opportunities both outdoors and on board, including aircraft body wrap, print ads on thermal boarding passes, and sponsored games on board. * Cebu Pacific operates an average of 270 domestic and international flights daily and flew over 4. million passengers between January and May 2011. * â€Å"We are proud to say that Cebu Pacific is the first airline to offer ambient advertising for those who wish to align their products with CEB’s high-quality and fun image, while also reaching out to a captive audience, day-in, day-out through our flights,† said CEB VP for Marketing and Distribution, Candice Iyog. * Cebu Pacific has made recent additions to advertising opportunities on board including overhead cabin lockers, seat trays, motion sickness bags, cups, and napkins. â€Å"We offer out-of-the-box a dvertising options to companies for maximum return of investment and measurable results. This includes advertising opportunities in the sky, through one of our aircraft, as well as strategic placements on our website,† added Candice. * The airline operates 10 Airbus A319, 15 Airbus A320 and 8 ATR-72 500 aircraft. By the end of 2011, CEB will be operating a fleet of 37 aircraft – with an average age of less than 3. 5 years – one of the most modern aircraft fleets in the world. Between 2012 and 2021, Cebu Pacific will take an additional 23 Airbus A320 and 30 Airbus A321neo aircraft. * Cebu pacific was given an opportunity to offer an alternative * When the airline industry was liberated * Legacy carriers (PAL) were privatized * Shows financial strength * Held an initial public offering (October 2013) * Largest local IPO in the Philippines U$D239 million * Php125 per share, 214. 63 shares * Raised Php26. 8 billion in the stock market * Looks at future possibilities * Airline industry’s potential growth is at 15% to 20% * Ordered 24 new Airbus units at U$D2 billionTo handle more passengers Fly more frequently to more routes * Revolutionized the booking system * Dramatic reduction of distribution costs * Gives priority to sales promotion as a mode of communication * Tiered pricing schemes and incentives * The earlier you book, the cheaper the ticket will be Threats * Delayed flights because of bomb threats Cebu Pacific is now the No. 1 domestic airline â€Å"Since the launch of our ‘Go’ fares last November, we have seen how this has influenced air travel and encouraged more people to fly.Our end-September reports show that total domestic travel was up by almost 40% compared to the same period last year and we believe that there’s still more we can do for the industry and the growing Philippine economy,† Gokongwei said. â€Å"As we expand our operations and open new routes, both domestic and regional, we will co ntinue to offer the lowest fares in the destinations we fly to. Tens of thousands of people are flying for the first time and that makes both our passengers and the airline very happy,† Gokongwei added.Gokongwei also said â€Å"This is indeed a milestone in the history of Cebu Pacific and much of the credit must go to the CEB team who has worked tirelessly for the past 10 years. Now we are No. 1 in the Philippines and hope to do the same for the region. † Now in its 11th year, CEB has the newest fleet in the Philippines and one of the newest in Asia as it operates 12 brand new Airbus aircraft to its 20 domestic and 6 regional destinations. The airline awaits the delivery of two more Airbus aircraft in early 2007 to complete its $670 million re-fleeting program.

Evaluate the Nazis economic policies from 1933 ¡V 1939. essays

Evaluate the Nazis economic policies from 1933  ¡V 1939. essays It is almost a universal conception that Hitler deliberately provoked World War II for his personal desires. Some historians prove this belief by Hitler ¡s biography  ¡My Struggle ¡ (Mein Kampf) and his series of bold and aggressive foreign policies. While others confirm this notion by demonstrating the objectives of pre-war Nazis economic policies. They claim that Hitler immediately started carrying out rearmament program and various war-preparatory measures once he came to power in 1933. Because of his lack of planning and ignorance to the economic situation, he failed to prepare Germany for a major war by 1939, and he even failed to deal with Germany ¡s own economic problems in 1932. However, this claim is not well justified. In fact, Hitler did put a lot of emphasis on economic recovery in the first three years of his regime. It is not until 1936 did he start accentuating his warfare programs. As a consequence, considering the time duration, the progress that the Nazi leaders made with their policies, and the  ¡Blitzkrieg ¡ war aim proposed by Hitler, actually Hitler was very successful in arming Germany and making Germany ready for a series of short but speedy wars by 1939 when he invaded Poland. When Hitler came into the office in 1933 he faced an economically devastated Germany. Although the economic situation was improved with aids given by the United States, Germany still suffered a great deal from the Great Depression in 1929, and  ¡economic activity had recovered only slightly from the lowest point of the depression ¡ . Unemployment was the most serious problem at that time. Hitler understood very well that, with six million official unemployment registers and an estimate of a million more non-registered, it was absolutely impossible to rearm Germany at that stage. He also understood that, instead of rearmament  ¡recovery was the immediate priority ¡ . Therefore, on May 1, 1933, H...

Event proposal for Conference Event Planning at the Roof Gardens, Kensington The WritePass Journal

Event proposal for Conference Event Planning at the Roof Gardens, Kensington Abstract Event proposal for Conference Event Planning at the Roof Gardens, Kensington AbstractIntroduction and AimsChosen Venue and Event ManagementFood and Beverage OptionsEvaluation TechniquesOutline BudgetBudget and Control MeasuresConclusionsReferencesRelated Abstract When planning an event which is targeted at a professional body of individuals within the hospitality industry, there are several questions which need to be answered, not least where the best venue to host such an event is likely to be located. In this case the â€Å"Roof Garden† is seen as a particularly appropriate choice, as it offers the state-of-the-art facilities necessary to deliver a seminar on social media and is centrally located, from geographical point of view. It is also an innovative new venue which is looking to raise its own profile and is therefore more negotiable when it comes to budgetary options. All of these factors are considered in the report below. Introduction and Aims It is proposed that a training session and networking opportunity event will be hosted in central London for approximately 50 delegates, all of whom are relatively high up in the management scale, in hotels across the UK (Berridge, 2007). Several different parameters have been laid out for the chosen venue and the structure of the event and these will be taken into account when looking at the ultimate choice of location which is â€Å"The Roof Garden. The purpose of this report is to identify why this venue has been chosen and how the event will be managed, as well as looking, in more detail, at issues associated with the activity, such as food and beverage options that are available and their final selection, and how the event will be evaluated, so as to make improvements for any future events, as well as scrutinising the budget and control measures that are required in an event of this nature (Allen et al. 2008). Several factors are deemed to be particularly important when choosing the venue and type of event to be managed. Whilst there is no intention to make a profit on the trading day, there is still a budget which needs to be maintained, as each individual delegate will pay just  £15 per person and there will also be  £1,500 which was obtained through sponsorship. Other relevant factors include the fact that the event needs to be relatively centrally located, as delegates are travelling from a broad range of different geographic regions. Consideration will also need to be given to the precise content of the course, in order to ensure that the chosen venue has the relevant facilities available (Catherwood Van Kirk, 1992). Therefore, while the actual content of the course will be for the client to determine, having a detailed understanding of these issues will, in fact, be critical, to ensure that the appropriate venue is selected, so that all of the needs for the course can be facilit ated. Chosen Venue and Event Management Before looking specifically at the chosen venue, it is helpful to gain an understanding of the key aims and objectives of the event, so that the chosen venue can be looked at, in more detail (Eriksson Hjalmsson, 2000). The main aim of the event is to encourage those within the hospitality industry to make better use of social media for their marketing; therefore, it is going to be essential that any venue chosen has state-of-the-art technology to enable the trainers to display the best options available to the delegates and for the delegates themselves to be able to experiment with technology to which they may not have access, in their own workplace. Secondly, the event aims to offer networking opportunities to those attending the course, and this again requires certain physical attributes to be present within the venue. Bearing this in mind and the stated budget, the venue which has been chosen, namely â€Å"the Roof Garden† has several key attributes attached to it which would make it the ideal venue for this event (DeWalt DeWalt, 2002). Given the nature of the delegates likely to be attending the event and the fact that these are from the hospitality management sector and are therefore likely to have very particular expectations regarding an invent venue, choosing a venue that is well versed in hosting this type of event is seen as crucially important, as the delegates are unlikely to tolerate any form of naivetà © or lack of professionalism. Furthermore, the aim of the event is to put forward new ideas to those involved in hospitality management; therefore, if the event itself is hosted in a non-forward looking venue, it will not gain a large amount of credibility (Tum, et al. 2005). It is recognised the chosen venue has state-of-the-art technology facilities as part of its business centre and this is one of the key reasons that this venue immediately came to the forefront. Having the necessary facilities in place is absolutely fundamental, given the primary aim of the event. Although it was possible to host the event anywhere within a 50 mile radius of London, the chosen venue is, in fact, extremely central to London and a short walk away from High Street Kensington tube station. This is important for several different reasons. From a practical point of view, making sure it is centrally located means that it is more readily available to a wider range of delegates, but by being centrally located, also assists in gaining credibility (Wagen, 2005). As well as having the technology available, this venue was seen as ideal, due to several other factors which made it the perfect choice for this event. As part of the venue, there are three themed gardens which have a panoramic view over central London. This means that the vast majority of the delegates will not been working in a hotel or venue with similar attributes and this will make the entire training day a novel experience for the delegates (Wagen, 2007). The venue is actually part of the Sir Branson Empire and is therefore also renowned for the quality service which is provided by staff members. All of these factors were seen as important, alongside the physical attributes of the venue, as the whole experience needed to stand out to the delegates, all of whom already have preconceived ideas as to what hospitality should offer. Food and Beverage Options The second main aim of the event is to host the networking session which will be undertaken as part of the working day lunch. With this in mind, the food and beverage options that are made available to delegates are also considered to be an important aspect of the choice of venue. The budget, particularly for central London, is relatively limited and therefore a buffet seemed to be the most practical option. Furthermore, as the intention is to establish a networking session as part of the lunch hour, it is necessary to ensure that individuals can eat relatively quickly, so that the networking event can take place in a timely fashion (Silvers, 2008). The registration will take place before 9 a.m., with the main body of the event happening between 9 a.m. and mid-day, meaning that there will need to be coffee served midway through the morning and again this needs to be done on a relatively tight budget. The working buffet lunch has been selected to involve both cold and hot items which are likely to appeal to the majority of individuals, as well as being sufficiently interesting that those within the hospitality industry will appreciate the quality of the food. As part of this service, the venue will be providing its own freshly baked cookies, during the break, which is a further opportunity to show how advanced the venue is and again to prove itself as one of the best venues of this type for a professional meeting (Tarlow,  2002). Evaluation Techniques It is anticipated that this type of event may be replicated again in the future; therefore, evaluating the course from every aspect of the delivery will be essential, in order to make sure that any future courses are popular, while also improving on any of the shortcomings (Arcodia Reid, 2002). All delegates will be asked to provide a brief evaluation of the event and this will look at every aspect of the event, including the quality of the venue, the quality of the food provided, as well as considering whether they believe it will be useful for them in the future (Shone  Ã‚  Parry,  2001). The main aim of the evaluation is to use questionnaires to be filled in by the delegates on the day, as this is the quickest and most efficient way of gathering the data and is most likely to be fresh in the minds of the individual delegates. However, as well as using questionnaires, a random set of individuals will also be selected and asked to participate in a more detailed evaluation, after the event, in the form of one-to-one interviews, either in person or over the phone. This will enable a much more open discussion to be had (Goldblatt, 1997). Evaluations that are relevant to the venue will also be provided, so that any changes can be implemented with future events or potentially a new venue located if there seems to be a reason that the venue is not performing in line with the original requirements. Outline Budget The budget for the event is  £15 per person, plus  £1,500 sponsorship. With fifty anticipated delegates, this means a total of  £750 from the delegates and  £1,500 from sponsorship and a total budget of  £2,250. However, with a budget for a venue of this nature in central London, it may be necessary to compromise on issues such as the type of buffet and the date of the actual training event. By negotiating with the venue as to which days it is not likely to be particularly popular, the budget can be adhered to (Saunders, 2007). Consideration will be given in the future charges that are made to the delegate, as  £15 is an incredibly small amount of payment for a training course, as well as a networking opportunity. Therefore, once the event gains a degree of following, it may be possible to charge separately for the training elements and the buffet element, to allow individuals to mix and match their experience and also to ensure that all tastes are catered for (Goldblatt, 2000). The venue itself is also offered at a reasonable discount, as it is felt that this will assist its positioning within the market and will be a good marketing tool, thus allowing it to host other events, in the future (Silvers   Goldblatt,  2003). Budget and Control Measures In order to manage an event of this nature, several specific controls and budget measures need to be put in place, so that the management team can keep track of the planning of the event and also on the event date, so as to ensure that the promised services are delivered and that any shortfalls are identified, at the earliest possible opportunity and mitigated, if possible (Arcodia Robb, 2000). Bearing this in mind, the control feature associated with this event will be looked at in two distinct ways, firstly in the planning of the events and secondly in the running of the event. Budget control needs to be done primarily with the venue itself, although it is also important to ensure that a sufficient number of delegates are recruited and that these delegates make all payments, prior to the date of the event, as any no-shows or non-payers could be extremely detrimental to the overall budget of what is already a very tightly run event (Silvers, 2004). A meeting will need to be held with the venue, in the few days prior to the event itself, to ensure that all aspects of the events are planned appropriately and that the technology being used is working properly and compatible with anything that the clients may wish to use as part of the training. The very essence of the training is to show the delegates how media can be used to optimum advantage and any technology failure would be extremely embarrassing and go to the core of the event. Therefore, controlling this aspect of the event is critical (Arcodia Reid, 2005). As it is expected that this type of event will be run in the future, maintaining accurate records of all individuals who are in attendance will be important to the ongoing marketing of future events and these need to be checked, both at the booking stage and as the individual attends (O’neil et al. 1999). Conclusions It is concluded that the chosen venue for this event is particularly appropriate, given its central London location and its state-of-the-art technology which makes it crucially important for delivering an event of this type. Budget is a really key issue and the fact that the venue will also gain from hosting this event enables a tighter budget to be maintained. Strong evaluation is also necessary to ensure that future events are popular and that these types of events go from strength to strength. References Allen, J., OToole, W., Harris, R., McDonnell, I. (2008). Festival Special Event Management (4 ed.). Milton, Australia: John Wiley Sons Australia, Ltd. Arcodia, C., Reid, S. (2002). The Mission of Event Management Associations. In K. Woeber (Ed.), City Tourism. Vienna: Springer. Arcodia, C., Robb, A. (2000). A Future for Event Management: A Taxonomy of Event Management Terms. In J. Allen, R. Harris, L. K. Jago A. Veal (Eds.), Events Beyond 2000: Setting the Agenda (pp. 154-160). Sydney: Australian Centre for Event Management. Arcodia, C. and Reid, S. (2005). â€Å"Event Management Associations and the Provision of Services†, Journal of Convention Event Tourism, 6 (4), 5-25. Berridge, G. (2007). Events Design and Experience, Events Management Series. First Edition, Elsevier Catherwood, D. W., Van Kirk, R. L. (1992). Special Event Management. New York: John Wiley Sons, Inc. DeWalt, B. R., DeWalt, K. M. (2002). Participant observation: a guide for fieldworkers. Walnut Creek, CA: Alta Mira Press. Eriksson, J. and Hjalmsson, A. (2000). â€Å"Event Marketing as a Promotional Tool-A Case Study of four Companies†, International Business and Economics Programme Master Thesis, Lulea University Goldblatt, J. (1997). Special Events Best Practices in Modern Event Management (2 ed.). New York: John Wiley Sons, Inc. Goldblatt, J. (2000). A Future For Event Management: The Analysis Of Major Trends Impacting The Emerging Profession. In J. Allen, R. Harris, L. K. Jago A. Veal (Eds.), Events Beyond 2000: Setting the Agenda. Sydney: Australian Centre for Event Management. O’neil M., Getz, D. and Carlsen, J. (1999). â€Å"Evaluation of service quality at events: the 1998 Coca-Cola Masters Surfing event at Margaret River†, Western Australia, Managing Service Quality, 9 (3), 158-164. Saunders, M. (2007). Research Methods of Business Students. Fourth Ed. Harlow: Financial Times/Prentice Hall. Shone,  A  Ã‚  Parry,  B  (2001)  Successful  Event  Management London:   Continuum. Silvers,  J  R  Ã‚  Goldblatt,  J  J  (2003)  Professional  Event  Coordination  New   York:  Wiley Silvers, JR. (2004). Professional Event Coordination, John Wiley Sons Inc. New Jersey. Silvers, JR. (2008). Risk Management for Meetings and Events, Butterworth-Heinemann, Burlington. Tarlow,  P  (2002) Event  Risk  Management  and  Safety  New  York: Wiley. Tum,  J,  Norton,  P   Wright,  N  (2005) Management  of  Events  Operations Oxford:  Butterworth ­Heinemann. Wagen, LV. (2005). Event Management: For Tourism, Cultural, Business and Sporting Events, 2nd Ed., Pearson Education, Australia. Wagen, LV. (2007). Human Resource Management for Events; Managing the Event Workforce, Butterworth-Heinemann, Burlington.

Sugar Produces Bitter Results for the Environment

Sugar Produces Bitter Results for the Environment Sugar is present in products we consume every day, yet we rarely give a second thought to how and where it is produced and what toll it may take on the environment. Sugar Production Damages the Environment According to the World Wildlife Fund (WWF), roughly 145 million tons of sugars are produced in 121 countries each year. And sugar production does indeed take its toll on surrounding soil, water and air, especially in threatened tropical ecosystems near the equator. A 2004 report by WWF, titled â€Å"Sugar and the Environment,† shows that sugar may be responsible for more biodiversity loss than any other crop, due to its destruction of habitat to make way for plantations, its intensive use of water for irrigation, its heavy use of agricultural chemicals, and the polluted wastewater that is routinely discharged in the sugar production process. Environmental Damage from Sugar Production Is Widespread One extreme example of environmental destruction by the sugar industry is the Great Barrier Reef off the coast of Australia. Waters around the reef suffer from large quantities of effluents, pesticides, and sediment from sugar farms, and the reef itself is threatened by the clearing of land, which has destroyed the wetlands that are an integral part of the reef’s ecology. Meanwhile, in Papua New Guinea, soil fertility has declined by about 40 percent over the last three decades in heavy sugar cane cultivation regions. And some of the world’s mightiest rivers- including the Niger in West Africa, the Zambezi in Southern Africa, the Indus River in Pakistan, and the Mekong River in Southeast Asia- have nearly dried up as a result of thirsty, water-intensive sugar production. Do Europe and the U.S. Produce Too Much Sugar? WWF blames Europe and, to a lesser extent, the United States, for over-producing sugar because of its profitability and therefore large contribution to the economy. WWF and other environmental groups are working on public education and legal campaigns to try to reform the international sugar trade. â€Å"The world has a growing appetite for sugar,† says Elizabeth Guttenstein of the World Wildlife Fund. â€Å"Industry, consumers and policy makers must work together to make sure that in the future sugar is produced in ways that least harm the environment.† Can Everglades Damage From Sugar Cane Farming be Reversed? Here in the United States the health of one of the country’s most unique ecosystems, Florida’s Everglades, is seriously compromised after decades of sugar cane farming. Tens of thousands of acres of the Everglades have been converted from teeming sub-tropical forest to lifeless marshland due to excessive fertilizer run-off and drainage for irrigation. A tenuous agreement between environmentalists and sugar producers under a â€Å"Comprehensive Everglades Restoration Plan† has ceded some sugar cane land back to nature and reduced water usage and fertilizer run-off. Only time will tell if these and other restoration efforts will help bring back Florida’s once teeming â€Å"river of grass.† Edited by Frederic Beaudry

Doea 'informal social control' have any part in explaining the Essay

Doea 'informal social control' have any part in explaining the differential rates of male and female offending - Essay Example The culture is the most dominant factor that has significant impact on the perceived roles of men and women. ‘Boys will be boys’ the famous adage is a prime example of communication behaviour that is appropriate for boys but which would not be suitable for girls. â€Å"women experience linguistic discrimination in two ways: in the way they are taught to use language, and in the way general language usage treats them† (Lakoff). It makes it easier for men to commit crime than women. The religiosity of a particular strata of society or the social structure of that region, contribute to the way people respond towards socially relevant issues and gender inequality. The socio-economical environment and political leanings promote orthodoxy and fanaticism. Patriarchal society endorses male domination that deliberately cast women in the inferior roles and restricts their personal and social development to compete with their counterparts on equal terms. Women, especially in the current time, adopt ways and means to exhibit their independence and empowerment through actions that sometimes border in criminal activities. It is one the reason that explains criminal activities amongst women. According to national statistics, ‘men commit more crimes than women. In 2004, male offenders in England and Wales outnumbered female offenders by more than four to one’ (BCS1, 2004). The survey showed that in all the major crime categories, men out numbered women in committing the crime but it is a distressing fact that the women remained the main target or victims of the crime. It will not be incorrect to say that despite the advancement made in almost all areas of life, the women remain vulnerable target of socio-cultural values. There are various means through which persons imbibe the values that they carry all through their life. Some of them may be through the

Anyliss of Edgar Allen Poe's The Cask of Amontillado. What caused Poe Research Paper

Anyliss of Edgar Allen Poe's The Cask of Amontillado. What caused Poe to write such dark poems - Research Paper Example Critics both in history and literature have constructed a number of theories about his motivations to write as he did with some suspecting Poe’s unstable love life while others have noted substance abuse as the cause of his horror stories. To understand Poe’s literary works, it is important to be open to both theories but is evident the death of his loved ones in addition to being abused by his foster father are some of the factors that significantly influenced his works. Poe’s tragic life began when just before his third birthday, his mother died of tuberculosis living him his brother and sister orphans as their father had earlier on abandoned them (Moreno and Rigal-Aragà ³n 128). At this point in life, Poe was very young to comprehend the implication of his mother’s death in his life but in later years especially during adulthood, his reflections led him to grieve for how much better his home life would have been with both his biological parents present. The death of his mother seems to have had a psychological effect on him given that as early as age six he was afraid of the dead or dying causing him to have panic attacks whenever he passed a cemetery fearing ghosts would come after him (Meyers 76). The death of William Henry Leonard Poe also due to tuberculosis infection was the second death of those Poe loved. Poe mourned the death of his brother regretting the lack of chance for them to interact. Although Poe had an unstable rela tionship with his foster father, Poe’s mental stability and work in general was greatly impacted. Therefore, the death of his mother, brother and foster father played an influential role in the in Poe’s dark literature. Given the painful experience Poe had due to the death of those close to him, it is only natural that he would feel death as the ultimate punishment. Death is the most effective means of separating people from each other as it did to those round him. Poe therefore

Labor Economics and Welfare Economics Research Paper

Labor Economics and Welfare Economics - Research Paper Example Second, utility is interpersonally similar and can be summed up (Rothbard, 2006). Early labor economics began shortly after the Second World War with its analytical range emerging further from the field of conventional economics. As a result, economists found labor economics a hard domain in terms of explaining the term in a strict economic logic (Burns, 2012). Adam Smith first expressed support for the idea of economics in labor in his 1776 work â€Å"Wealth of Nations.† During the mid-1700s, traditional political economy was successful ad prevailing in the domain of economic hypothesis and review between the 1700s and 1800s (Winter-Ebmer, 2014). This economy operated on the basis that capitalist market powers work do not assure that employees will get equal portions of the output. Afterwards, David Ricardo and Karl Marx extended this classical economy and made labor economics reach its climax during the mid-1800s. Marx cultivated his labor hypothesis of value and utilization to show how employees get just a portion of their output, with the remaining portions creating an economic excess adopted by capitalists for the sustenance of their consumption and investment operations (Burns, 2012). Welfare economics had more supporters than labor economics, with economists and researchers such as William Stanley Jevons, Carl Menger and Leon Walras leading the way by spreading the idea of marginal utility. Daniel Bernoulli issued a validation of marginal utility in 1738 under his Expected Utility Theory and contributed significantly to Welfare economics (Devarajan, 2014). Lastly, economist Hermann Heinrich Gossen expounded on an overall hypothesis of marginal utility to help further welfare economics across Europe (Rothbard, 2006). Opponents of labor economics warned against misunderstanding the word â€Å"labor† as specially connected to understandings acquired from the fields of sociology, politics, and organizational culture (Burns, 2012).

Answer 2 question Essay Example | Topics and Well Written Essays - 500 words

Answer 2 question - Essay Example According to Schneider (2011), checks may be unsafe because merchants handling checks usually get access to individual account number, names, and other contact information that may make it easy to perpetrate fraud. Moreover, when checks are processed as electronic debits, merchants have access to personal account that may give them chance to make unauthorized deductions. In addition, compared to the debit cards that only require a four digit PIN, checks usually need signatures, which may be easily imitated by a third party. On the other hand, when an account holder or signatory to the check gets serious accidents that, they cannot sign the checks; it is obvious that the checks cannot work because there may be issues of mismatch in signatures. Not all merchants because of payment delays and possibility of bounced checks may accept checks (Schneider, 2011). Keeping accurate financial record may is very cumbersome and time consuming especially when dealing with cancelled checks because they normally leave paper trails that the account owner must follow in case of fraud or theft. Reconciling the bank statement with the canceled checks is not an easy task. Schneider (2011) explains that phishing has been rampant in the recent years as expert criminals turn to the huge amount of money involved in the online payment systems. The technique that involves committing fraud against clients of online business is common amongst financial institutions whose customers expect high degree of security. The basic structure of a phishing attack sees an attacker sending e-mail messages to several recipients who may be account holders at the targeted Web site such as PayPal or Skrill. The messages that also include some links that appear as the link to the login Web site, normally informs the recipients that their accounts have been compromised and that they should log in to the account to correct the issue. Instead, the links

Contemporary Therapeutic Relationship for a Professional Practitioner Essay

Contemporary Therapeutic Relationship for a Professional Practitioner - Essay Example The five components of effective nurse-client relationships have been identified as â€Å"trust, respect, professional intimacy, empathy and power† (College of Nurses of Ontario, 2009, p. 3). Nurses who work as catalytic agents of change should have good interpersonal skills and a thorough knowledge regarding the dynamics of the therapeutic relationship. While maintaining effective and healthy therapeutic alliances they should also be able to maintain professional boundaries distinguishing their personal or social relationships from that of the therapeutic relationships. Patients or clients in the mental health care are more likely to suffer from feelings of alienation, isolation, and seclusion. Similarly, they come across many crises, troubles, doubts, difficulties, frustrations or concerns in their lives which cannot be tackled without the assistance of a competent therapist or counselor. It is a fact that many of these patients in the mental health care do not receive any s uch positive support or care from their family members or relatives. As such, it is imperative that the nurses offer them ‘unconditional positive regard, accurate empathy, and genuineness’ which are very much essential for the therapeutic relationship and its progress (Egan, 2010, p. 36). It is also important that the negative attitudes and behavior patterns of the clients are addressed at the earliest and that they are assisted to convert these into positive attitudes and behaviors. In a therapeutic relationship, the values, thoughts, and feelings of the nurses interact with those of the clients and therefore it is very much essential that the nurses maintain professional boundaries and stick to the ethical guidelines of professional nursing practice. This paper seeks to explore the significance of maintaining effective and meaningful therapeutic relationships in the mental healthcare setting. Literature Review Critical analysis Many researchers and psychologists have pointed out the importance of therapeutic relationships in mental health care. Researchers such as Elder, Evans, and Nizette (2009, p. 2) regard developing therapeutic relationships as the key to effective mental health nursing and for them, therapeutic alliances are very much necessary for the growth and recovery of patients in the mental health care. The authors also highlight the need to maintain professional boundaries during the therapeutic alliance. Similarly, they also hold that mental health nurses should have a thorough knowledge of not only human and biological sciences; they also are trained to develop effective therapeutic relationships with the patients.

Answer 2 question Essay Example | Topics and Well Written Essays - 500 words

Answer 2 question - Essay Example According to Schneider (2011), checks may be unsafe because merchants handling checks usually get access to individual account number, names, and other contact information that may make it easy to perpetrate fraud. Moreover, when checks are processed as electronic debits, merchants have access to personal account that may give them chance to make unauthorized deductions. In addition, compared to the debit cards that only require a four digit PIN, checks usually need signatures, which may be easily imitated by a third party. On the other hand, when an account holder or signatory to the check gets serious accidents that, they cannot sign the checks; it is obvious that the checks cannot work because there may be issues of mismatch in signatures. Not all merchants because of payment delays and possibility of bounced checks may accept checks (Schneider, 2011). Keeping accurate financial record may is very cumbersome and time consuming especially when dealing with cancelled checks because they normally leave paper trails that the account owner must follow in case of fraud or theft. Reconciling the bank statement with the canceled checks is not an easy task. Schneider (2011) explains that phishing has been rampant in the recent years as expert criminals turn to the huge amount of money involved in the online payment systems. The technique that involves committing fraud against clients of online business is common amongst financial institutions whose customers expect high degree of security. The basic structure of a phishing attack sees an attacker sending e-mail messages to several recipients who may be account holders at the targeted Web site such as PayPal or Skrill. The messages that also include some links that appear as the link to the login Web site, normally informs the recipients that their accounts have been compromised and that they should log in to the account to correct the issue. Instead, the links

Please write a 3 page paper on a chosen law from the uploaded Research

Please write a 3 page on a chosen law from the uploaded information and book - Research Paper Example This law brought about significant reforms in the US immigration process. In the next two days the bill was agreed in House and Senate respectively and gave the green signal for President signing. In 1985, the bill was referred to Judiciary committee twice and the subcommittee on immigration and refugee policy heard the bill. It was reported by the joint committee of conference on 14th October 1986. 245a.1 provision talks about the definition of the law. 245a.2 talks about the application of temporary residences. 245a.3 talks about the adjustment from the temporary resident to the permanent resident of the country (Dias, 2011). In 245a.4 adjustments to the lawful status of some foreign nationals and their voluntary departure have been discussed. 245a.5 has the provision of disqualification for the benefits of certain freshly legalized residents. According to the provision of 245a.6, the law can deny the treatment of permanent resident. All these provisions have ensured that employers must attest the immigration status of their foreign employees. According to the provisions of the law recruiting illegal immigrants intentionally is a criminal offence and the offence will be dealt with according to the provision of the law. Provisions of the law have legalized some illegal agricultural immigrants. The provisions also have legalized the illegal foreign nationals who came into the U S before 1st January 1982 and stayed in the country consistently by paying penalty and taxes and admitted all the previous offences. The provisions of the law gave focused towards US history and English knowledge. Congressional intent of the law was to control the immigration in USA. The US Congress had clear intent to legalize a huge number of illegal immigrants who had illegally come into the country. America has a long history of high dependency on foreign labors. This dependency had caused lots of immigration disputes. To take care

Louis MacNeices and Thom Guns poems Essay Example for Free

Louis MacNeices and Thom Guns poems Essay Louis MacNeices and Thom Guns poems use the first voice to look at birth through babies eyes. They help us see that babies, unborn or newborn, are living but powerless beings. They can think and feel but cannot make decisions or changes in their lives. MacNeices piece is burdened with desperate pleas from the womb for a chance to live while Gunns poem takes on a lighter tone towards a newborns protest to leaving the comfortable and familiar womb. Written in the form of a prayer, the Prayer Before Birth addresses God as its audience but the poets intention is really to decry the horrors of abortion to the reader. The poem takes on a troubled tone of one who is facing death sentence. The effects of its tone are made stronger through the use of the first person in the impotent unborn baby to dramatize the fact that it is alive and not given a choice for its life. Each stanza repeats the fact that it has yet live. This set the reader into the speakers deepest burden as it reveals its concerns. The poem also uses images associated with pains and fears the speaker faces to communicate its tone of deep depression. The first stanza shows us a childs nightmare of bat, rat and ghoul; followed by equipment of torture such as walls, racks and drugs; then criminal acts of treason and murder; men in authority as in old men, bureaucrats and manwho thinks he is God and finally the vivid description of the brutal act and the detachment of the speaker from its source of humanity. All these depressive images are interrupted only in the third stanza, with a sense of longing and in warmer tone, to experience life from childhood (being dandle) to death (being guided by a white light). It brings images of nature and life and all that we take for granted. Even the poems structure supports the tone. The long sentences and heavy-sounding words (dragoon, dissipate and bloodsucking) communicate a heavily laden heart. The poem moves slowly with increasing length at each stanza and that tells of a deepening sense of hopelessness. The sixth stanza is very short as if to communicate the end of the hope. The last stanzas lines shorten with each subsequent plea as if to signify the shortening time  left. The poet chooses words that support the deeply burdened tone and evoke the readers emotional response. This is especially so when an innocent unborn has been subjected various agents of abortion in the form of creatures of the night (bat, rat and ghoul), equipment of torture (walls, racks and blood-baths), criminal acts (treasons and murder) and unloving human (lovers, beggars and bureaucrats). They communicate uncaring, cold and relentless in achieving their ends without regard to the subject. Many rarely used heavy-sounding and multi-syllabus words add to the ominous mood as they dragoon, dissipate and engendered the speaker. And then the word thistledown also helps add the finality of the act as we picture the foetus as unattached weed just go directionless and lifeless (hither and thither) to be [spilled] like water into the drain. The use of the word me gives a picture of helplessness to be subjected to other peoples direction (think me, beyond me, live me, curse me, lecture me and hector me). The sum effect of the dramatic play of words is designed to create the dark, troubled mood of one facing death sentence and to draw a response from the reader. On the other hand, Gunn also uses the first voice but he gives the protesting baby a less intense tone. His intention is to explain the babys first cry and he thinks that it is from its reluctance to leave an environment of security and warmth for a strange and cold world. The poem carries an angry tone of complains (Things were different inside)and warm tone of memories (The perfect comfort of her inside). Like the previous poem, the effect of its tone is made stronger through the use of the first person who shares its experience first hand. Yet unlike the first poem, the tone it carries is not as overwhelming as to evoke a respond from the reader for it hints that it is only temporal (I may forget). Gunns poem also uses images but those of contrasting scenes to communicate its objection to the changes. One can hear the warm and longing tone as the baby thinks of the snug and secure jolly and padded and [the] perfect comfort of her inside. Otherwise, the poem moves in exasperation as it compares the warm and wet and black womb with a rain of blood and the discomfort of the lighted outside world, the exposed and spacious rustling bed and the changes that comes when all time roars. Like MacNeices poem, it also communicates a helpless baby in the midst of the situation it cannot change as it lies raging, small, and red. And it may continue to rage till it forgets for it has no choice to the matter of whether it wants to be born. Gunns poem is designed to support the tone of protest through its fast-paced, easy-to-read rhythm and rhyme and its short and even sentences. These, as compared with Prayer before birth, give the effect of a less forceful albeit angry tone. Its pace slow down a little in the last two stanzas (with longer vowels sleep, soon, womb and room) as the child gets tired and slips into dreams of the familiar surrounding again. The poem keeps the lighter tone and moves with ease through informal and conversational language. Many of the words chosen in this poem refers to tangible objects as in womb, bed and room. The tone is also supported by choosing single-syllabi action words like fall, ride, tuck and lie. All those action words imply how quickly everything happens between birth and the babys sleep. Many words also indicate the drastic differences the baby has to endure at birth e.g. from private to a shared environment; from the warm and wet and black womb to a lighted room; and from padded and jolly to rustling. All these imply changes the baby needs to adjust to. But they are all temporal shock and the protest will not last even though the newborn may fight it But I wont forget that I regret. And eventually, all that is left of the memory of the womb may exist only in the babys dream. Both poems revolve around the subject birth and give thought to life. The main difference is that MacNeices poem is meant to evoke a response or perhaps provoke the reader to action while Gunns poem only wants to share a response of a baby at birth.

PEST Analysis of Indias Banking Sector

PEST Analysis of Indias Banking Sector HISTORY OF BANKING SECTOR The first bank in India was established in 1786.from 1786 till now ,the journey of Indian banking system can be segregated into three distint phases . Early phase from 1786 to 1969 of Indian banks Nationalisation of Indian Banks and up to 1991 prior to Indian banking sector Reforms. New phase of Bankig System after banking sector reforms. STEPS TAKEN BY THE GOVERNMENT The following are the steps taken by the Government of India to Regulate Banking Institutions in the Country 1949: Enactment of Banking Regulation Act 1955: Nationalisation of State Bank of India. 1959: Nationalisation of SBI subsidiaries. 1961: Insurance cover extended to deposits 1969: Nationalisation of 14 major banks. 1971: Creation of credit guarantee corPoration 1975: Creation of regional rural banks. 1980: Nationalisation of seven banks with deposits over 200 The commercial role of banks is not limited to banking, and includes: issue of banknotes processing of payments by way of telegraphic transfer, EFTPOS, internet banking or other means Issuing bank drafts and bank cheques Accepting money on term deposit lending money by way of overdraft, installment loan or otherwise providing documentary and standby letters of credit (tradefinance),guarantees, performance bonds, securities underwriting commitments and other forms of off- balance sheet exposures safekeeping of documents and other items in safe deposit boxes currency exchange Acting as a financial supermarket for the sale, distribution or brokerage, with or without advice, of insurance, unit trusts and similar financialproducts ROLE OF BANKS Capital formation Monetization Innovations Finance for priority sectors Provision for medium and long term finance Cheap money policy Need for a sound banking system FUNCTIONS OF A BANK Accepting Deposits from public/others ( deposit). Lending money to public ( loan). Transferring money from one place to another (remittances). Credit Creation. Acting as trustees. Keeping valuable in safe custody Investment decisions and analysis. Government business, Other type of lending and transaction TYPES OF BANKING Central bank Commercial bank Industrial bank Agricultural bank Foreign Exchange bank Indigenous bank Rural bank Co-operative bank ANKING CHANNEL Branch ATM Mail Telephone Online Mobile video BANKING SECTOR REFORMS In 1991, the RBI had proposed to from the committee chaired by M. Narasimham, former RBI Governor in order to review the Financial System viz. aspects relating to the Structure, Organisations and Functioning of the financial system. TheNarasimham Committee report, submitted to the finance minister, Manmohan Singh, on the banking sector reforms highlighted the weaknesses in the Indian banking system and suggested reform measures based on the Basle norms..The main recommendations of the Committee were. Reduction of Statutory Liquidity Ratio (SLR) to 25 per cent over a period of five years. Progressive reduction in Cash Reserve Ratio (CRR). Phasing out of directed credit programmes and redefinition of the priority sector Deregulation of interest rates so as to reflect emerging market conditions Imparting transparency to bank balance sheets and making more disclosures Setting up of special rule to speed up the process of recovery of loan. Restructuring of the banking system, national bank to international bank some and nationalised some other bank. Abolition of branch licensing Liberalising the policy with regard to allowing foreign banks to open offices in India Rationalisation of foreign operations of Indian banks Giving freedom to individual banks to recruit officers Inspection by supervisory authorities based essentially on the internal audit and inspection reports Ending duality of control over banking system by Banking Division and RBI PEST ANALYSIS (P)OLITICAL/ LEGAL ENVIROMENT Government and RBI policies affect the banking sector. Sometimes looking into the political advantage of a particular party, the Government declares some measures to their benefits like waiver of short-term agricultural loans, to attract the farmers votes. By doing so the profits of the bank get affected. Various banks in the cooperative sector are open and run by the politicians. They exploit these banks for their benefits. Sometimes the government appoints various chairmen of the banks. Various policies are framed by the RBI looking at the present situation of the country for better control over the banks. (E)CONOMICAL ENVIROMENT Banking is as old as authentic history and the modern commercial banking are traceable to ancient times. In India, banking has existed in one form or the other from time to time. The present era in banking may be taken to have commenced with establishment of bank of Bengal in 1809 under the government charter and with government participation in share capital. Allahabad bank was started in the year 1865 and Punjab national bank in 1895, and thus, others followed Every year RBI declares its 6 monthly policy and accordingly the various measures and rates are implemented which has an impact on the banking sector. Also the Union budget affects the banking sector to boost the economy by giving certain concessions or facilities. If in the Budget  savings are encouraged, then more deposits will be attracted towards the banks and in turn they can lend more money to the agricultural sector and industrial sector,  therefore,booming the economy If the FDI limits are relaxed, then more FDI a re brought in India through banking channels. (S)OCIAL ENVIROMENT Before nationalization of the banks, their control was in the hands of the private parties and only big business houses and the effluent sections of the society were getting benefits of banking in India. In 1969 government nationalized 14 banks. To adopt the social development in the banking sector it was necessary for speedy economic progress, consistent with social justice, in democratic political system, which is free from domination of law, and in which opportunities are open to all. Accordingly, keeping in mind both the national and social objectives,bankers were given direction to help economically weaker section of the society and also provide need-based finance to all the sectors of the economy with flexible and liberal attitude. Now the banks provide various types of loans to farmers, working women, professionals, and traders.They also provide education loan to the students and housing loans, consumer loans, etc.Banks having big clients or big companies have to provide servi ces like personalized banking to their clients because these customers do not believe in running about and waiting in queues for getting their work done. The bankers also have to provide these customers with special provisions and at times with benefits like food and parties. But the banks do not mind incurring these costs because of the kind of business these clients bring for the bank. Banks have changed the culture of human life in India and have made life much easier for the people. (T)ECHNOLOGICAL ENVIROMENT Technology environment plays a very important role in banks internal control.The latest developments in technology like computer and telecommunication have promoted the bankers to change the concept of branch banking to anywhere banking. The use of ATM and Internet banking has allowed ‘anytime, anywhere banking facilities. Automatic voice recorders now answer simple queries, currency accounting machines makes the job easier and self-service counters are now encouraged. Credit card facility has encouraged an era of cashless society. Today MasterCard and Visa card are the two most popular cards used world over. The banks have now started issuing smartcards or debit cards to be used for making payments. These are also called as electronic purse. Some of the banks have also started home banking through telecommunication facilities and computer technology by using terminals installed at customers home and they can make the balance inquiry, get the statement of accounts, give instruc tions for fund transfers, etc. Through ECS we can receive the dividends and interest directly to our account avoiding the delay or chance of loosing the post. Today banks are also using SMS and Internet as major tool of promotions and giving great utility to its customers. For example SMS functions through simple text messages sent from your mobile. The messages are then recognized by the bank to provide you with the required information. All these technological changes have forced the bankers adopt customer-based approach instead of product-based approach. INTRODUCTION OF FINANCE SECTOR A financial system, which is inherently strong, functionally diverse and displays efficiency and flexibility, is critical to our national objectives of creating a market-driven,productive and competitive economy. The financial system in India includes of financial institutions, financial markets, financial instruments and services. The Indian financial system is characterised by its two major segments an organised sector and a traditional sector that is also known as informal credit market. Financial intermediation in the organised sector is conducted by a large number of financial institutions which are business organisations providing financial services to the community. Financial institutions whose activities may be either specialised or may overlap are further classified as banking and non-banking entities. The Reserve Bank of India (RBI) as the main regulator of credit is the apex institution in the financial system. Other important financial institutions are the commercial ban ks (in the public and private sector), cooperative banks, regional rural banks and development banks. Non-bank financial institutions include finance and leasing companies and other institutions like LIC, GIC, UTI, Mutual funds, Provident Funds, Post Office Banks etc. REFORMS OF FINANCIAL SECTOR The quantum of resources required to be mobilised, as the economy grows in complexity and generates new demands, places the financial sector in a vital position for promoting efficiency and momentum. It intermediates in the flow of funds from those who want to save a part of their income to those who want to invest in productive assets. The efficiency of intermediation depends on the width, depth and diversity of the financial system. Till about two decades ago, a large part of household savings was either invested directly in physical assets or put in bank deposits and small savings schemes of the Government. Since the late eighties however, equity markets started playing an important role. Other markets such as the medium to long-term debt market and short term money market remained relatively segmented and underdeveloped. In The past decades, the Government and its subsidiary institutions and agencies had an overwhelming and all encompassing role with extensive system of controls, rules, regulations and procedures, which directly or indirectly affected the development of these markets. The financial system comprising of a network of institutions, instruments and markets suffered from lack of flexibility in intermediary behavior and segmentation of various markets and sets of financial intermediaries. Well developed markets should be inter-connected to facilitate the demandsupply imbalances in one market overflowing into related markets thereby dampening shocks and disturbances. The inter connection also ensures that interest rates and returns in any market reflect the broad demand supply conditions in the overall market of savings. But such adjustment of interest rates is delayed when the intermediaries lack flexibility. On account of the historical role of the Government in controlling and directing a large part of the financial activity, such adjustments were slow and the problem needed to be addressed urgently if the financial sector had to keep pace with the reforms in the real sector. World wide experience confirms that the countries with well-developed and market-oriented financial systems have grown faster and more steadily than those with weaker and closely regulated systems. The financial sector in general and banking system in particular in many of the developing countries have been plagued by various systemic problems which necessitated drastic structural changes as also a reorientation of approach in order to develop a more efficient and well functioning financial system. The Indian financial system has been no exception in this respect and the problems encountered in the way of efficient functioning necessitated the financial sector reforms.Recognising the critical nature of the financial sector prompted the Government to set up two Committees on the Financial System (Narasimham Committees) in 1991 and 1998 to examine all aspects relating to the structure, organisation, functions and procedures of the financial system. The deliberations of the Committees were guided by the demands that would be placed on the financial system by the economic reforms talking place in the real sectors of the economy and by the need to introduce greater competition through autonomy and private sector participation in the financial sector. Despite the fact that the bulk of the banks were and are likely to remain in the public sector, and therefore with virtually zero risk of failure, the health and financial credibility of the banking sector was an issue of paramount importance to the Committees. The Committees proposed reforms in the financial sector to bring about operational flexibility and functional autonomy, for overall efficiency, productivity and profitability. In the banking sector, in particular, the measures have been taken aimed at restoring viability of the banking system, bringing about an internationally accepted level of accounting and disclosure standards and introducing capital adequacy norms in a phased manner. Most of the measures suggested by the Committees have been accepted by the Government. Interest rates have been deregulated over a period of time, branch-licensing procedures have been liberalised and Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) have been reduced. The entry barriers for foreign banks and new private sector banks have been lowered as part of the medium term strategy to improve the financial and operational health of the banking system by introducing an element of competition into it. A Board for Financial Supervision has been set up within the Reserve Bank of India and it has introduced a new system of offsite surveillance even while revamping the system of on-site surveillance. The financial sector reforms have been pursued vigorously and the results of the first set of reforms have brought about improved efficiency and transparency in the financial sector. It is well recognized that reforms in the financial sector are an ongoing process to meet the challenges thrown up on account of the integration of financial markets, both within the country and worldwide. Future direction of reforms If the financial sector reforms are viewed in a broad perspective, it would be evident that the first phase of reforms focussed on modification of the policy framework, improvement in financial health of the entities and creation of a competitive environment. The second phase of reforms target the three interrelated issues viz. Strengthening the foundations of the banking system; Streamlining procedures, upgrading technology and human resource development; Structural changes in the system. These would cover aspects of banking policy, and focus on institutional, supervisory and legislative dimensions. Although significant steps have been taken in reforming the financial sector, some areas require greater focus. One area of concern relates to the ability of the financial sector in its present structure to make available investible resources to the potential investors in the forms and tenors that will be required by them in the coming years, that is, as equity, long term debt and medium and short-term debt. If this does not happen, there could simultaneously exist excess demand and excess supply in different segments of the financial markets. In such a situation the segment facing the highest level of excess demand would prove to the binding constraint to investment activity and effectively determine the actual level of investment in the economy. Such problems could be resolved through movement of funds between various types of financial institutions and instruments and also by portfolio reallocation by the savers in response to differential movements in the returns in the alternative financial instruments. In this context, it is very important to identify the emerging structure of investment demand, particularly from the private sector, in order to reorient the functioning of the financial sector accordingly, so that investment in areas of national importance flows smoothly. A major area that needs to be focused in the context of the countrys development policy is investment in infrastructure. Financing of infrastructure projects is a specialized activity and would continue to be of critical importance in the future. A sound and efficient infrastructure is a sine qua non for sustainable economic development. A deficient infrastructure can be a major impediment in a countrys economic growth particularly when the economy is on the upswing. A growing economy needs supporting infrastructure at all levels, be it adequat e and reasonably priced power, efficient communication and transportation facilities or a thriving energy sector. Such infrastructure development has a multiplier effect on economic growth, which cannot be overlooked. Financial Institutions Credit Rating Information Service of India Limited(CRISIL) Investment Information and Credit Rating Agency of India (ICRA India) Insurance Regulatory and Development(IRDA) Board for Industrial and Financial Reonstruction(BIFR) Export Import Bank of India National Bank for Agricultural and Rural Development(NABARD) Small Industries DevelopmentBank of India(SIDBI) National Housing Bank(NHB) PEST ANALYSIS OF FINANCE SECTOR Political Factors Financial Stability Monetary Policy Changes Foreign Direct Investment Trends Call for International Cooperation Economic Factors Financial Services and Gross Domestic Product Growing Unemployment in Financial Sector Volatile Exchange Rates Decline in Inflation Rates Tax Contribution of Financial Services Social Factor Geographic Distribution of Financial Services Employment Trends in Financial Services Sector Changing Lifestyles Expectations Credit Crunch Delaying Retirements Technological Factors Growth in eCommerce, despite Economic Crisis Banks to Invest in IT INTRODUCTION OF INSURANCE SECTOR Insurance is basically risk management device. The losses to assets resulting Form natural calamities like fire, flood, earthquake, accident etc. are met out of the common pool contributed by large number of persons who are exposed to Similar risks. This contribution of many is used to pay the losses suffered by unfortunate few. However the basic principle is that losses should occur as a result of natural calamities or unexpected events which are beyond the human control. Secondly insured person should not make any gains out of insurance. Insurance in India can be traced back to the Vedas. For instance, yogakshema,the name of Life Insurance Corporation of Indias corporate headquarters, is derived from the Rig Veda. The term suggests that a form of community insurance was prevalent around 1000 BC and practiced by the Aryans. Burial societies of the kind found in ancient Rome were formed in the Buddhist period to help families build houses, protect widows and children. Bombay Mutual Assurance Society, the first Indian life assurance society, was formed in 1870. Other companies like Oriental, Bharat and Empire of India were also set up in the 1870-90s. It was during the swadeshi movement in the early 20th century that insurance witnessed a big boom in India with several more companies being set up. As these companies grew, the government began to exercise control on them. The Insurance Act was passed in 1912, followed by a detailed and amended Insurance Act of 1938 that looked into investments, expenditure and management of these companies funds. By the mid-1950s, there were around 170 insurance companies and 80 provident fund societies in the countrys life insurance scene. However, in the absence of regulatory systems, scams and irregularities were almost a way of life at most of these companies. As a result, the government decided nationalizes the life assurance business in India. The Life Insurance Corporation of India was set up in 1956 to take over around 250 life companies. For years thereafter, insurance remained a monopoly of the public sector. INSURANCE IN INDIA opening up of the insurance sector to private players that the sector was finally opened up to private players in 2001. The Insurance Regulatory Development Authority, an autonomous insurance regulator set up in 2000, has extensive powers to oversee the insurance business and regulate in a manner that will safeguard the interests of the insured. The insurance sector in India has come a full circle from being an open competitive market to nationalization and back to a liberalized market again. Tracing the developments in the Indian insurance sector reveals the 360-degree turn witnessed over a period of almost two centuries. Milestone of indian life insurance industry:- The business of life insurance in India in its existing form started in India in the year 1818 with the establishment of the Oriental Life Insurance Company in Calcutta. Some of the important milestones in the life insurance business in India are: 1912: The Indian Life Assurance Companies Act enacted as the first statute to regulate the life insurance business. 1928: The Indian Insurance Companies Act enacted to enable the government to collect statistical information about both life and non-life insurance businesses. 1938: Earlier legislation consolidated and amended to by the Insurance Act with the objective of protecting the interests of the insuring public. 1956: 245 Indian and foreign insurers and provident societies taken over by the central government and nationalized. LIC formed by an Act of Parliament, viz. LIC Act, 1956, with a capital contribution of Rs. 5 crore from the Government of India. The functions of Insurance can be devided into three parts PrimaryFunctions SecondaryFunctions Other Functions The primary functions of insurance include the following: Provide Protection- The primary function of insurance is to provide protection against future risk, accidents and uncertainty. Insurance cannot check the happening of the risk, but can certainly provide for the losses of risk. Insurance is actually a protection against economic loss, by sharing the risk with others. Collective bearing of risk- Insurance is a device to share the financial loss of few among many others. Insurance is a mean by which few losses are shared among larger number of people. All the insured contribute the premiums towards a fund and out of which the persons exposed to a particular risk is paid. Assessment of risk- Insurance determines the probable volume of risk by evaluating various factors that give rise to risk. Risk is the basis for determining the premium rate also. Provide Certainty- Insurance is a device, which helps to change from uncertainty to certainty. Insurance is device whereby the uncertain risks may be made more certain. The secondary functions of insurance include the following: Prevention of Losses- Insurance cautions individuals and businessmen to adopt suitable device to prevent unfortunate consequences of risk by observing safety instructions; installation of automatic sparkler or alarm systems, etc. Prevention of losses cause lesser payment to the assured by the insurer and this will encourage for more savings by way of premium. Reduced rate of premiums stimulate for more business and better protection to the insured. Small capital to cover larger risks Insurance relieves the businessmen from security investments, by paying small amount of premium against larger risks and uncertainty. Contributes towards the development of larger industries- Insurance provides development opportunity to those larger industries having more risks in their setting up. Even the financial institutions may be prepared to give credit to sick industrial units which have insured their assets including plant and machinery. The other functions of insurance include the following: Means of savings and investment- Insurance serves as savings and investment, insurance is a compulsory way of savings and it restricts the unnecessary expenses by the insureds For the purpose of availing income-tax exemptions also, people invest in insurance. Source of earning foreign exchange- Insurance is an international business. The country can earn foreign exchange by way of issue of marine insurance policies and various other ways. Risk Free trade- Insurance promotes exports insurance, which makes the foreign trade risk free with the help of different types of policies under marine insurance cover. Characteristics of Insurance Sharing of risk Co-operative device Evaluation of risk Payment on happening of special event The amount of payment depends on the nature of losses incurred OPENING OF INSURANCE SECTOR INSURANCE INDIA The Union Govt. of India decided to open the insurance sector to make it more dynamic and customer friendly. Objective of Liberalization of Insurance The main objective for the opening up the insurance sector to the private insures as under. To provide better coverage to the India citizens. To augment the flow of long term financial resources to finance the growth of infrastructure. Insurance Industry in the year 2000-2001 had 16 new entrants, namely Life Insurers. Insurance Regulatory and Development Authority (IRDA) Act The Insurance Regulatory and Development Authority Act was introduced to end the monopoly of State-owned companies and to invest in the Insurance. Regulatory Authority power to control the insurance sector. Reforms of Insurance sector in India In 1993, Malhotra Committee, headed by former Finance Secretary and RBI Governor R. N. Malhotra, was formed to evaluate the Indian insurance industry and recommend its future direction. The Malhotra committee was set up with the objective of complementing the reforms initiated in the financial sector. The reforms were aimed at â€Å"creating a more efficient and competitive financial system suitable for the requirements of the economy keeping in mind the structural changes currently underway and recognizing that insurance is an important part of the overall financial system where it was necessary to address the need for similar reforms†¦Ã¢â‚¬  In 1994, the committee submitted the report and some of the key recommendations included: About the various player of life insurance sector Since being set up as an independent statutory body the IRDA has put in a framework of globally compatible regulations. In the private sector 12 life insurance and 6 general insurance companies have been registered than after remaining companies are registered. Here we have described the private life insurance companies registered in which year wise. PEST ANALYSIS OF INSURANCE SECTOR POLITICAL FACTORS Within India political ambitions and rise of communalism, fissiparoustendencies are on the rise and may well continue for quite some time to time.Therefore, it expected that the insurance companies might consider offering politicalrisk coverage also. The only area where Indian insurers consider giving cover is with regard to customs duty change under certain conditions.Certain type of political risk at the international level has serious implications for exporters. The term ‘political risk has a wider connotation than commonly understood or assumed. It covers events arising not just from politics, but risks in thecourse of international transactions. In this connection, it may be noted that export credit insurance has evolved out of uncertainties relating to international trade,particularly due to problems arising out of foreign legal jurisdiction, political changesand currency exchange difficulties faced by many developing countries. Prohibition for Investment Manner and conditions For investment Insurance business in rural / social sector All insurers are required to undertake such percentage of their insurance business, including insurance for crops, in the rural social sector as specified by the IRDA. They should discharge their obligations to providing life insurance policies to persons residing in the rural sector, workers in the unorganized sector or to economically vulnerable classes of society and other categories of persons as specified by the IRDA. 4. Capital requirement: The paid up equity of an insurance company applying for registration to carry on life insurance business should be Rs 100 Crores. 5. Renewal of registration: An insurer, who has been granted a certificate of registration, should have the registration renewed annually with each year ending on March 31 after the commencement of the IRDA Act. The application for renewal should be accompanied by a fee as determined by IRDA regulations, not exceeding one forth of one percent of the total gross premium income in India in the preceding year or Rs 5 Crores or whichever is less, but not less than Rs 50000 for each class of business as per Section 3A. 6. Requirements as to Capital The minimum paid up equity capital, excluding required deposits with the RBI and any preliminary expenses in the formation of the country, requirement of an insurer would be Rs 100 crore to carry on life insurance business and Rs 200 crore to exclusively do reinsurance business as per Section 7. Investment of funds outside India Insurers outside India as per Section 27-C cannot invest the funds of policyholders. 8. Insurance business in Rural Sector After the commencement of the IRDA Act, 1999, every insurer would have to undertake such percentage of life insurance business in the rural sector as may be specified by the IRDA in this behalf. It is mandatory for the new co