Quetext. About Faq Contact. Early Days Mahatma Gandhi Was

Quetext About FAQ Contact Early days Mahatma Gandhi was the primary leader of India’s independence movement and also the architect of a form of non-violent civil disobedience that would influence the world. Mohandas Karamchand Gandhi, popularly known as Gandhi, was born to Putlibai on October 2nd, 1869 in Porabandar,India. His father, Karamchand Uttamchand Gandhi served as the Diwan chief minister of Porbandar state. The Indian classics, especially the stories of and king Harishchandra, had a great impact on Gandhi in his childhood. Gandhi s early self-identification with truth and love as supreme values is traceable to these epic characters. On 21 January 1879, Mohandas entered the local district school in Rajkot, not far from his home.†¦show more content†¦Mavji Dave, a brahmin priest and family friend, advised Gandhi that he should qualify as a barrister in London, after which he would be certain to achieve the diwanship. Initially, Putlibai did not want her youngest son to leave India and travel across the ocean, thereby losing his caste according to believes at that time. But somehow Gandhi convinced and got the permission to leave. On 10 August 1888, Gandhi left Porbandar for Bombay (Mumbai). Upon arrival in the port, he was met by the head of the Modh Bania community, who had known Gandhi s family for a while. Having learned of Gandhi s plans, he and other elders warned Gandhi that he would be excommunicated if he did not remain in India. Gandhi did not change his intentions to leave for England, therefore being daclared and outcast. While in London his mother died, but his family kept the news from him. South Africa Gandhi was 24 when he arrived in South Africa in 1893 to work as a legal representative for the Muslim Indian Traders based in the city of Pretoria. He spent 21 years in South Africa, where he developed his political views, ethics and political leadership skills. Indians in South Africa included wealthy Muslims, who employed Gandhi as a lawyer, and im poverished Hindu indentured labourers with very limited rights. He believed that he understood India better by getting to know and leading Indians in South Africa. He faced several challenges in South Africa. He majorly faced

Online Shopping Analysis - 985 Words

So youve just bought your first apartment and youve never felt more independent. You think to yourself, I dont need mum and dad, Im on my own now! Well, you think this until you realise that youve spent all your money on rent before proceeding to call mum and dad in need of a loan that you promise youll back when really, you wont. However, before you go pestering your parents for some extra cash, here at Intention, we have a range of tips on how to save money on your new home. Buying Online There are two main steps in acquiring furniture; shopping and buying. In order to buy, you need to shop and the online world is a great way to start your furniture buying adventure. Here, you can gain an idea of what styles you like as†¦show more content†¦This is, unfortunately, one of the risks of online shopping. Even though online shopping is definitely a huge risk, chances are, you can find many variations of furniture for amazing prices, so amazing that your new friends will have no idea you were shopping on a budget. Buying In Store So you want to buy furniture in the store, huh? Though buying in store is more trustworthy and comforting as you can see the scaling and materials, your browsing space is smaller which can result in buying really expensive furniture. However, there are still some tips to get styling on a budget. 1. Thrift Stores One big fault I find with people buying new furniture is that they believe that you cant look at thrift stores. If Im being honest, sometimes thrift store furniture can be better than your standard couch as it has a sense of authenticity and its own story with it. Buying second-hand furniture can sometimes be as good as buying it for the first time. Also, buying second-hand furniture can also be a key ingredient in any DIY projects you care to indulge yourself into. 2. Garage Sales and Clearance Now, buying from garage sales and clearance is a huge lifesaver, mostly because people are giving the furniture away for a good price because people dont want it anymore. Usually, this is because people decide to change up their style, not because there is anything wrong with theShow MoreRelatedAnalysis Of Consumer Behavior And Online Shopping Essay1056 Words   |  5 PagesAnalysis of Consumer behavior in online shopping with especial reference to Pune Abstract: It is now become accustomed to watch advertisement of e-commerce companies on television. Internet shopping is responsible for transformation of marketing scenario in India. One click on screen of computer presents hundred of products to see and to compare with each other. Undeniably turnover of such companies involved in this business is making new records everyday. Day by day the number of internet savvyRead MoreImproving Performance Of Brick Mortar Stores Using Customer Behavior Analytics Essay1457 Words   |  6 PagesKrishen Mehta: Data analytics and marketing EXECUTIVE SUMMARY The proliferation of online shopping has significantly altered the retail landscape. While the physical store continues to exist - and even thrive in many cases - the risk of turning irrelevant remains. Millennials - who will constitute a significant percentage of the consumer population in the future - prefer the convenience of online and mobile shopping. 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Essay for Movie Roger and Me Free Essays

Summer Bajwa 211510526 Corporate America Socio-economic Downfall Date: October 30, 2012 â€Å"Roger and me† is an eye-opening stance of dark part of Capitalism. Michael Moore’s documentary is a courageous attempt to unfold the damages, caused by Capitalistic mentality of the time – laying off 30,000 auto workers in an American city, Flint for the sheer purpose of profit. Moore’s presentation unfold the pathos of a society, suffers through the years of loss and sorrow. We will write a custom essay sample on Essay for Movie Roger and Me or any similar topic only for you Order Now He showed how the â€Å"American dream† shattered. Moore, an Irish American Catholic, son of a middle class G. M. employee, observed the thousands of layoffs in Flint and the aftermath of the greed of General Motors, move from Flint to Mexico for cheap labour. He interviewed some auto workers as disguised TV journalist and found their intense revolt against GM chairman, Roger B. Smith. Moore attempted to confront him, but he failed to see him personally, nevertheless, he kept trying to get a chance to meet him. He interviewed an autoworker, who suffered nervous breakdown due to getting laid off, living in mental health facility. He showed in the movie all failed attempts of economically stabilize the city, such as, Flint convention and visiting bureau; Hyat Regency Hotel; Auto World; and Water Street Pavilion. US President Ronald Reagan, an Evangelist, Robert Schuler, Pat Boone, Bob,E. He attended GM Shareholder’s convention, but shut him off by Smith, the general manager and also being ridiculed by Smith’s board members. He met as well some female residents of Flint. A radio host joined Amway, as a sales woman and another resident, Rhonda Briton started selling rabbits. He showed the loss and sorrow of the residents, who got eviction notices from their Municipalities, i. e. immediate eviction during Christmas Eve. Moore shows in his documentary film the apathy and coldness of the riches and the devastation and anguish for the poors. He exemplified a resident, who lost her job from GM plants, started raising rabbits for income and what Roger Smith did to the people of Flint, sums up the relationship between the employer and their employees. The rabbit woman states she raises the rabbits to the age of four months and then kills them; that way, they are nice and tender. At one point in the interview, she is holding a rabbit, caressing it ever so softly and then states indirectly that this one will be her dinner. She proceeds to kill, skin, and gut the rabbit in front of the camera. This leaves a haunting visual image in the mind of the viewer, showing that there is no difference from what GM has done to Flint and what she does to rabbits. What employers cannot understand is that human beings are not like rabbits and should not be treated as such. General Motors chairman Roger B. Smith announced the closure of Flint Auto plants and to shift to Mexico for cheaper labor. GM’s board of directors, led by Roger Smith, decided to move to Mexico to reduce the wage and benefit expense of GM. Showing this; it was obvious that lots of Americans are socially brain-washed into believing that global competition and corporate downsizing is good for America. During one part of the film, as a majority of GM employees are cheering as the last truck rolls off the assembly line, a male GM employee comments, â€Å"Why are they cheering? They’ve just lost their jobs†. Moore shows his disgust and help public to see the real picture of the hidden intent. GM tried to justify its move through ad Propaganda to get support of general public. That’s why a part of public was cheering of GM move; it was a same story in the neighboring country, Canada. A majority Government passed the bill of free trade with US and later with Mexico, which called NAFTA. To change public opinion about the ferocious act of Free Trade, the Government justified it with statistical data of increasing trade (Policy and Partisanship). Hundreds and thousands of big companies left Canada and set up in states or Mexico. It was big economic fiasco in those years. The Government imposed GST to recover the losses because of NAFTA. Unemployment rate in Most of the provinces increased to the alarming level. In Flint, a city of auto plants faced major economic and social upheavals. Due to this shift by GM to Mexico, thirty thousand workers got unemployed. It caused Flint’s crime rate skyrockets, with use of weapons and murders. Crime becomes so common that when a TV channel tries to do a live story on the plant closings, someone steals the network’s van (along with the cables), abruptly stopping the broadcast. Living in Flint becomes so desperate that it is commonly called Flint as the worst place to live in America. In terms of jobs within a country, supreme executive authority gets a mandate from the citizens of the state, not from the corporations. Corporations, especially Corporate America, have usually nothing to do with the livelihood of the work force to gain economic power. It is much more interested in the stockholder’s profit margin. Why do we allow corporations to replace our liberty, and the pursuit of happiness for the individual in favor of the stockholder? How can the employees even know what their rights are, if they are working in excess of 50 hours a week? Isn’t it about time we start changing the basic structure of corporate America? We may restrict US corporations to own or lease, stock or property in foreign countries and to keep foreign corporations from manipulating the US economy. Any foreign corporation must not to be allowed to own or lease, stock or property in America. This way we could reverse the trend of outsourcing jobs to the cheapest third world country, force corporations to start manufacturing products within their own nation, and stop corporations from dictating policy in their own country and other nations. Moore shows in his movie how riches get richer and poor get poorer. This is a sad depiction of Corporate America. This closure of GM auto factories cost hundreds and thousands job-loss; lack of funds at Municipal level to use for welfare of the residents; and run the city’s general works. Despite of GM decision-making of its move to Mexico, Chrysler, Chief, Iacocca, borrowed money from US Government to regain his dying company. He would have a choice to leave US and find cheaper labor in Mexico, but he introduced two affordable cars for general public. Chrysler did a great business and paid off all loans and gain lots of profit. It created jobs and circulate money within US. On the other hand, greedy, GM chairman, Smith, moved out to Mexico to have cheaper labor in cost of socio-economic fiasco in Flint, Michigan. The city has not enough funds to spend on garbage removal. The city health department holds a press conference and announces that the rat population in Flint has surpassed the human census. The department blames it on the fact that the city can only afford to pick up the garbage twice a month and offers a bounty for every dead rat brought in by a city resident. Eventually, Moore approached Smith and confronted to ask him to visit Flint and could see the devastation by himself. He mentioned how the residents of Flint, who couldn’t pay their rent, were evicted from their houses. Moore failed to convince, GM Chairman, Smith to bring him in Flint. He proclaimed that â€Å"as we neared the end of the 20th century†, as the rich got richer and the poor got poorer, and â€Å"it was truly the dawn of a new era. † At the end film displays the message â€Å"This film cannot be shown within the city of Flint†, followed by â€Å"All the movie theatres have closed. It was a bold attempt to give an eye-opening message to the country’s law makers the system needs to be overhauled and revise the boundaries and limitations of corporate America. Citation †¢ Christopher Waddell, â€Å"Policy and Partisanship on the Campaign Trail: How Mulroney Works His Magic Twice†, ch. 1 of R. B. Blake, Transforming The Nation: Canada and Brian Mulroney (2007) at p. 22 †¢ E-Notes Encyclopedia of Business, â€Å"U. S. -Canada Free Trade Agreement of 1989† How to cite Essay for Movie Roger and Me, Essay examples

Sally Jameson free essay sample

If we ignore tax considerations and assume that Sally Jameson is free to sell her options at any time after she joins Telstar she has several chooses. She can either choose to take the cash bonus, either take the options and sell it, or she can take the option and keep it until it is worth use. Let’s compare the situations  : 1- She takes the cash bonus and decide to invest it in a 5-year bond which rate is 6,02%. So at the end she will win 5310$ (=5000*1,0602). She takes the options in order to sell it. Let’s assume that it is easy to find someone who want to buy the option at the value of the call option. Seeing the exhibit 3, the standard deviation of the Telstar common stock is 30%. S= 18,75 K= 35 r= 6,02% t= 5 ?= 30% So C= 2,9245 Assuming that she can easily and quickly find someone to buy her options, she can sell it at 3000*2,9245= 8773,5$ Then she could even invest these 8773,5$ in a 5years bond and win 8773,5*1,0602=9301,7$ 3- She keeps the options until it is worth use it and sell her shares. If she wants to earn more than she could have won by taking the cash bonus  we have to find the value of the stock that would make her win more than 5301$ (X-35)*3000=5301 =gt; X= 36,767 So when the value of the stocks is greater than 36,767, it will be worth using the option and sell the shares after. Sally Jameson will win more than 5301. If she want to earn more than she could have won by selling the options, she will have to wait for the value of the stock to be  : (X-35)*3000=8773,5$ =gt; X= 37,9245 If the value of the stock is greater than 37,9245 she will win more than if she sold the options. Assumptions  : In 10years the Telstar Common Stock only reach 35$, so the chance the value of the stock goes up until 35$ is really low. And even more if we want to stock to be more than 36,767 for example. (Bob Marks agree with that) Conclusion  : The stock probably won’t go over 35$ so it is not worth keeping the option. And since taking the options, sell it and then invest it (making her win 9301,7$) is better than taking the cash bonus and invest it in a 5-year bond, the option package worth more. Question 2 In this case, Sally Jameson can’t sell the options and has to pay taxes. So the selling option solution which was the better one in the first question is no longer available. Now she has the choice between taking the cash bonus or using the options at the time of her fifth anniversary with the firm. Let’s assume that Ordinary taxe rate is 28% and the capital gains taxe rate is 28%. 1- If she takes the cash bonus and she will get 5000*(1-0,28)=3600$. If she invests in a 5year bond she will get 3600+(3600*0,602*0,72)= 3756,04$ If she takes the options, and decide to use it and sell her shares  : She should wait the value of the stock to be higher than X  if she wants to win more than with the cash bonus. (X-35)*3000*0,72=3756,04 =gt; X= 36,74$ Like in the first question, it is very unlikely that the value of the stock reach 36,74$ So this time, Sally should take the cash bonus. Question 3 When a company gives stock option to its employees,it is the writer of the option and the employee is the holder of the option. So when the employee use the option, he pays the strike price to the company. Then the company wins cash and create new shares. Given that the company sells to the owner of the option cheaper shares that the value of the underlying asset, we could say that the company loose money, or rather win less money (it could have won more money by selling the shares at the price market). In that way we could say that stock options have a cost. This cost wouldn’t be  «Ã‚  paid  Ã‚ » by the company but by the shareholders. Incentives  : The holder of the stock option can avoid tax payments  because tax on individual income is higher than tax on capital income * The holder of the sock option has a feeling of ownership. He knows that the value of his stock options depend on the results of the company. So the better he is working, the better will be the results and the more he will win. It pushs employees to work more efficiently. To create more effective or more efficient incentives , in the case of Sally for example the stock options which are given should be more interesting for employees. Indeed here the strike price is 35$ which is way too high for the current value of the underlying asset and even if we look at the historical prices it is very unikely that the stock goes over 35$. With a more likely strike price, it would create more intencives. Then, we know that most of the time, stock options are only for executives with high salary. To create incentives for employees with low salary, companies should try to give stock options to each employees or maybe to compense it in helping employees with their tax payments. Question 4 If Sally accepts the option package and don’t want to put all her financial wealth tied to the fortune of Telstar she could sell call options on the market and get covered. She can sell call options with a strike point higher than the strike price of her own options. If she sells call options with a 45$ strike price, she could sell this option for a price of 1. 75$ per option. She could sell 3000 options and gain (1. 75*3000) 5285. 00$. So, if the price of the stock at the expiration date is lower than 35$, she won’t exercise the option with Telstar and the holder of the options that I sold are not going to be exercise. So at the end she did win 5285. 00$. Even if the possibility of going higher than 35 is almost none, it could happen and it even can go higher than 45, if it is the case you are covered. If the price is 45 you will exercise you call on the 35 option and then you will have to sell it at 45 to the holder of the option that you sold. She can also buy options from another company in the CBOT to get cover from the possible result of Telstar. She can work on her own Portfolio of option and try to cover herself of the risk by diversifying.