Event Management (Event strategy plan) Essay Example | Topics and Well Written Essays - 1750 words

Event Management (Event strategy plan) - Essay Example People were not happy. This caused severe unrest and people began to revolt. All over the Arab world, including Syria. This revolution has done more damage than good, causing a lot of pain and suffering on the women and children of the country. (Jamoul 2012) This section of society hasn’t even had that much of a role in the uprising. But they have been tortured, abused physically, mentally and sexually, till all hope has been lost. Over 500 children have been killed in a year of the uprising. (United Press International 2012). Women and even young girls have been raped and killed, at the hands of authority – like policemen. (Women under siege Syria 2012) The rest are all miserable and scared, and it is time to do something for them. In an effort to make the lives of the victims of the uprising – especially the women and children, we shall organise a fundraiser on an international scale. An event that will show people just how much the uprising has affected this s ection of society and how badly they are affected. (Peralta 2012) The event will not only be a call for attention but also a cry for action to the privileged so that they can do something for those that have suffered. ... It will have different elements to it such as an auction by international celebrities of their favourite items, followed by live performances. There will be dances, songs, stand up and so on. But the focus of the night will be on the woman and children of Syria who have had to suffer so much. The night will not just be one of fun. It will be emotional. A rollercoaster of a night that will allow people to enjoy their surroundings and a jarring reminder that they have it easy, by showing them what the women and children are going through. We will show them videos and let them see what is happening. These people will be constantly reminded of the sad plight of thousands of innocent women and children who are suffering at the hands of authority. Strategic Aim The whole point of this event is to create awareness among the people of the world, of the plight of the women and children of Syria. That done, we feel it is our duty to aid them in any way we can. They have suffered enough at the hands of authority, and they need to be rescued. By this event, our objectives are threefold. One, to create an international awareness about the plight of the women and children in Syria. Two, to generate funds to aid these victims. And three, to set up trusts that will ensure that the victims are taken care of. All donations will be anonymous. The framework of objectives would need to be broad enough to include the large variety of event genres, but still be lean enough to work with. (Damm 2011). Research Management Events such as these happen all the time. Celebrities and the ‘big shots’ get together to support a cause, have a good time and donate what they wish to a charity of sorts.

Stagnant Performance of Textile Industry of Pakistan Essay

Stagnant Performance of Textile Industry of Pakistan - Essay Example Industry is even experiencing other issues that have taken place internally, the workforce is under trained and the productivity levels are lower, there is a lack of leadership within the industry, the industry has failed to differentiate and add value. Other internal issues that are hurting the industry very badly includes high rate of inflation, low rate of production of power and increased rates of interest at which bank loans and funds are provided. Body There has been an increase in the demand for clothing and textile industry goods throughout the world (FAINI, 1992). Past two decades have experienced tremendous amount of success of the industry of textile. During the period 1990 the total export of textile conducted throughout the world was 212 billion and after 18 years it increased by $401 billion (Ahmed, 2012). Pakistan even witnessed an increase in the amount of textile goods produced and exported during the era of 1990 to 2008. During the period of 1990, Pakistan exported $3.6 billion worth of textile related goods and by 2008, this figure increased to 11 billion (SHARMA, 2006, p.19, LOPEZ ACEVEDO, 2012, p, 1999). Pakistan has experienced growth in the industry but has faced various obstacles and challenges due to which the growth rate has been slow. Pakistan’s share in the export of textile has declined to 1.81% during 2008 from 2.23% as recorded in 2005 (SCHAFFER, 2009, p.344). During this three years period the production of textile has remained volatile due to heavy increase in power prices and low amount of availability of power. Pakistan faces various problems due to which the growth of their textile industry has remained sluggish. The main element of any textile industry is cotton raw material and... This paper gives an insight into Pakistani textile industry and gives recommendations on its further development. The major role in the success of the textile industry of Pakistan has been plated by Cotton which is a very important raw material for the nation. Pakistan is regarded as the fourth most producer of cotton raw material and third most user of this raw material throughout the world. It is expected the industry will continue to grow and become one of the reason of economic growth in the economy of Pakistan. This industry has proven to attract foreign money into Pakistan’s economy and it is responsible for hiring the highest number of employees in Pakistan and there is no other industry that can replace it. Over the previous four decades the textile industry of this nation has displayed its strength in the international arena. Textile industry of Pakistan is not new and has a very huge history. The day when Pakistan gained existence on the world map, it had only two te xtile mills operational within the nation. Later, due to policies adopted by the government, the industry grew at a very fast pace. Today it is the leading sector of Pakistan and is the major contributor for the success of the economy of Pakistan and the manufacturing industry. The paper states that cost of production can be further decreased with the adoption and implementation of machinery that produces higher amount of bales as compared to the quality of bales being produced currently.

Mitigation of Earthquakes in Mega Cities Essay Example | Topics and Well Written Essays - 750 words - 1

Mitigation of Earthquakes in Mega Cities - Essay Example Although earthquake is a natural phenomenon that cannot be averted, we can take some precautions in order to mitigate the destructive potential of its aftermath. The invention of Richter scale has enabled us for computing the magnitude of earthquakes. Today, it is possible to identify frequently earthquake occurring places and the intensity of every earthquake. Modern facilities such as earthquake alarming systems are some of the advancements in this area. However, lack of improved infrastructural deterrence techniques often affects the effectiveness of disaster prevention in mage cities. According to census reports published by Government of Maharashtra (2000) in 1991, 60% of the registered buildings in Mumbai were made up of non-engineered materials such as informal masonry. It is important to note that Mumbai is categorized under seismic zone 3, which indicates the high vulnerability to the occurrence of devastating earthquakes. The earthquake history of Mumbai reflects that large number of earthquakes occurred across different parts of the city during the last century and even in the last two years. Severe losses had not been reported until 1967 when one attacked Koyna region of Mumbai with a magnitude of 6.3. Large number of buildings was destroyed at this calamity. Damages of such sorts can be avoided to a large extent only if the city employs geotechnical guidelines for the disaster prevention. The Earthquakes and Megacities Initiative (EMI) reports that â€Å"poor governance structures, lack of awareness, and poor professional standards and ethics† are some of the major impediments for disaster prevention in mega cities (cited in Wenzel, 2006).

Labor Migration Research Paper Example | Topics and Well Written Essays - 1500 words

Labor Migration - Research Paper Example These are the countries that laborers have selected to work in. There are three different types of labor migration and are dependent on the motivation of immigrants. These are enforced migration, voluntary migration and distress migration. Enforced migration is the kind of migration that is decided and planned by some external powers. An example of enforced migration is a resettlement program that is imposed by a government. Voluntary labor migration is a result of the outcome of decisions made by migrating individuals. It can be migration for purposes of labor or due to marriage. Distress migration is the migration of multitude as a result of deprivation. In this case, a decision for one to migrate is reached as a way of escaping an environment that no longer promises signs of survival. From the above analysis, labor migration is not just an occurrence of the less developed states but is a global phenomenon. Apart from the above three factors of migration, laborers also migrate for other various factors. There are many pulls and push factors for migration. Such factors can be either economic or non-economic. Change of demography and labor market is examples of pull factors. This is usually experienced in most of the industrialized countries that require numerous workforces. The push factors include; unemployment in less developed states, availability of inter-county networks that are family based and the culture or history of a given society. People always migrate in search of better living standards (Lipton, 2010).). Labor migration has increased in the recent years since the migration procedure has been made easier unlike in the earlier days. The following are some of the main reasons that contribute to the migration of labors. Quench for better incomes; this is one of the main pull factors of labor migration. People tend to move from the sending country to the receiving country due to the

CSR for business managers, stakeholders and society Research Paper

CSR for business managers, stakeholders and society - Research Paper Example Therefore it is the duty of the companies to work in accordance with the interests of the community and environment. However, only few companies are strictly observing CSR in practice, even though most of the companies agree with CSR in principle. This paper analyses the reputation of Coca Cola in terms of corporate social responsibility. Description of the company Operating in more than 200 countries worldwide, the American company Coca cola is one among the largest soft drink manufacturers in the world at present. â€Å"In May, 1886, Coca Cola was invented by Doctor John Pemberton a pharmacist from Atlanta, Georgia. Today, products of the Coca Cola Company are consumed at the rate of more than one billion drinks per day† (Bellis). Even though PepsiCo is causing some serious challenges to Coca Cola in some part of the world, Coca Cola is able to maintain its superiority in most of the regions in the world. Issue Identification According to Jeff Seabright, The Coca-Cola Compan y's vice president of environment and water resources, â€Å"sustainability begins with the simple act of paying attention. You can't manage what you can't measure"(Making Sustainability the Real Thing). In other words, Coca Cola is well aware of the importance of concepts such as corporate social responsibility and sustainable development. However, the accusations against Coca Cola with respect to the violation of social responsibility are growing across the world. ... People from Kerala (India’s southernmost state) have recently conducted an agitation against the underwater exploitation by Coca Cola. Villagers near Plachimada, Kerala faced severe drinking water shortage because of Coca Cola’s uncontrolled underwater exploitation. Coca Cola forced to close down their plant at Plachimada because of the public agitation against them (EMJ). Significance of the Issue Drinking water shortage is one of the major problems facing by people all over the world. Because of injudicious farming activities and heavy industrialization, majority of the water resources such as rivers and streams were polluted in most parts of the world. As a result of that current generation is relying heavily on underwater resources for their drinking needs. Coca Cola like soft drink manufacturers is exploiting these resources and the people near the soft drink bottling plants are struggling to get enough drinking water from the nature. Stakeholder identification Som e of the major stakeholders of Coca Cola Company are; ordinary people, Coca Cola employees, shareholders in Coca Cola, government and local bodies. On one side, Coca Cola is trying to make profit and safeguard the interests of the company management and the shareholders. On the other side, ordinary people lose their drinking water resources and the government and local bodies struggle to take proper actions. It should be noted that as part of free trade agreements, it is the duty of the government of India to prepare enough facilities to Coca Cola like companies. Moreover, Indian government is currently trying to attract foreign direct investment at any cost to stimulate economic growth. The investments by Coca Cola would definitely help

Military Robotics Essay Example for Free

Military Robotics Essay A robot sniper is not subject to arm shake, fatigue, or any of the other human factors that throw off a rifleman’s aim, making each shot more accurate and less likely to hit someone other than the enemy. Pilotless drones are more likely to hit the target with better accuracy than bombs being dropped from a plane at 30,000 feet (Gyrnir). In the Army 53 percent of their casualties come with first contact with the enemy. Having a robot scouting ahead or flying above sending back pictures of the ground below to troops would reduce the casualties (Fogarty). Military robots can serve in place of human beings in explosive ordinance disposal (EOD), surveillance, and other dangerous situations. For example, when an EOD team was hunting for improvised explosive devices (IED), by the time the soldier was close enough to see the telltale wires from the bomb, it was too late. The IED erupted in a wave of flames. A soldier would have to be as far as 50 yards away to escape death and as far as half-mile away to escape injury from bomb fragments. Even if a person is not hit the pressure from the blast by itself can break bones. This soldier had been right on top of the bomb. As the flames and debris cleared, the rest of the team advanced. They found little remaining of their teammate. They loaded the remains onto a helicopter, which took them back to the team’s base near Baghdad International Airport. That night the team’s commander did his duty and wrote home about the incident. He apologized for his inability to change what had happened. He wrote, â€Å"at least when a robot dies, you don’t have to write a letter to its mother† (Singer). The â€Å"Soldier† was a 42-pound robot called a PackBot. The PackBot mounts all sorts of cameras and sensors, as well as an arm with four joints that extends over two meters to allow it to examine suspicious objects on EOD missions. If it weren’t for this robot to scout ahead the rest of the EOD team wouldn’t have survive the explosion (Singer). In conclusion, robotic technology is changing the future of warfare. Robots are used to save and protect, not harm innocent lives. The idea of robots replacing humans in the military is very unlikely. In order for a robot to do something it needs a human to program it and tell it what to do (Singer). Fully autonomous robots that may harm the wrong people presents ethical, legal, and command challenges determining who was responsible for the robot’s actions (the officer that put the robot into action and instructed it on its target or the company that manufactured the hardware) raises philosophical problems. Therefore, until these problems are resolved fully autonomous killing robots are unlikely (Gyrnir).

Comparison of Different Asian Capital Markets

Comparison of Different Asian Capital Markets Capital market is like an investment funds such as bonds, equities and mortgages are traded in the market. Then, capital market can be defined as a market of securities or equities or debt, where a company as well as government can raise a long-term fund. The market of money is provided longer than a year. If it is the raising of short term funds, then it will be taking place on other markets that is money market. In this assignment, we are given the title of Asian Market Capital. There are many countries of Asian, so we have chosen few countries to further details on it. There countries include Japan, Indonesia as well as Hong Kong. Among the countries, we have gone further deeper on the country from Japan about their background as well as history. We would further search for the information on the market capital happen in Japan. Moreover, we going to compare the different investor will be having in market capital field. In addition, we will be discussing the advantages and disadvantages of going initial public offering for a firm. The example and details of cases will be further explained in this assignment. Background In this assignment, we will be discussing about the Asians capital market. Among the countries, we choose to go in deep about the capital market in Japan. In Japan, the Japanese venture capital funds managers always to select either direct managerial monitoring or portfolio diversification to manage their firms investment risks (Gorman and Sahlam, 1989). However, in recent years of 2004, JVCs have used a mix of different strategies, including direct managerial monitoring. This change in industry practice provides an opportunity to test the applicability of agency theory in the JVC industry. There will be some background history about market capital happened in Japan in the past years. The graph above shown that the increase of land in Japan has affected the stock price. The price of the land goes to the peak in the year of 1991. However, the peak area for the stocks price is in the year between 1989 and 1990. Moreover, the both prices started to fell when the year of 2000, and it is affected to both prices of land as well as stocks. This shown that the total loan outstanding and real estate loans outstanding held by all Japanese banks in year 1980 to 2000. From the year 1980 to 1990, the both total of loans and real estate loans increased substantially. When the total loans levelled off in year 1990, the real estate loans is continued to increase until the year 1998. Furthermore, there were a happened that Japan faced problem in the year of 1998 that bank failure resulted from excessive real estate lending. For example, the company of Nippon Credit Bank, there were only 25% real estate loan comprised up of the total loans, and it was failed in 1998.( Kentaro Iwatsubo, 2005) Literature Review There are many countries in Asian, and in this assignment we have choose few countries as comparison. That is Japan, Indonesia, Hong Kong and Vietnam about their countrys capital market. JAPAN The business firms from Japan have relationships with commercial main banks. The main banks may hold the equity interests in their credit clients in turn, including investment banks. We study the impact of the relationships between firms, main banks as well as investment banks in Japans initial public offering (IPO) underwriting market. By issuing firms can choose whether to engage an investment bank that is related, by virtue of sharing the same main bank, or to engage a non-related investment bank. There are one of the literature concerns on the effects of banking relationships on access to credit and the cost of raising capital. First, the banking relationships and access to credit according to Stiglitz and Weiss (1981) observe that market frictions related information asymmetry can restrict the flow of the capital to investments. However, Petersen and Rajan (1994) hypothesize that by producing information about firms and using the information in their decisions can be partially solving the problem of market friction to the creditors. There are small effect on the cost of credit if ties with creditors, but the available of credits financing is more for firms with ties. Secondly, there are the concerns about commercial bank integration into investment banking. Based on Rajan (1992) models the borrowers choice between informed bank debt and arms length public debt as an aspect of the firms effort to offset the benefits of the related lenders ongoing monitoring against the lenders bargaining power. If banking relationships yield information advantages, then integration of commercial banking and investment banking may enhance a lenders bargaining power. In addition, a lender that is integrated is faced with a conflict of interest, in that the proceeds of capital market financing may be used inappropriately to extinguish risky bank debt. Thirdly, the concern about choice of organizational structure. It is given the tension between information cost savings and conflict of interest, the structure of banking organizations can be expected to reflect efforts to realize information cost savings while lessen the conflicts. From Kroszner and Rajan (1997), he use pre-Glass-Steagall data to investigate that how integration affects issue of quality and pricing. They have concluded that market pressures induced commercial bank to address conflicts by choosing levels of integration into investment banking thats is separately incorporated affiliates versus integrated investment banking departments. Indonesia According to Fisman, (2001), the valuable resources for many firms are political connections, however, the connections impact firms strategies and their long-run financial performance are only a handful of studies that document (Faccio, 2002; Johnson and Mitton, 2003). The study shows that the consequences of political ties are a particular interest because these ties are often inconsistent with other value-creating business strategies. By taking the benefit at face value, it is difficult to understand why only a minority of companies access foreign capital markets. Domestic opportunities significantly reduce the net benefits of foreign securities for some firms are a core idea. For instance, the firm with political ties often receive low price loan from state-owned banks (Faccio, 2002; Wiwattanakantang et al., 2006), so they do not need to tap into foreign capital markets. It is also possible that global financing imposes extra costs on closely connected firms because the decision t o cross-list shares on foreign exchanges often forces firms to adapt to the regulations that govern these markets (Coffee, 2002; Reese and Weisbach, 2002; Siegel, 2005). If only minority of shareholders are better protected abroad, then the foreign securities issue will becoming expensive for controlling owners accustomed to exploiting domestic investors. Equally, the international business press and foreign analysts will only pay attention on the firms with foreign securities (Baker et al., 2002; Lang et al., 2003). However, the political favours that often dubious legality is difficult to be reconciled by the high levels of public scrutiny. Hong Kong Steen, P. Carey (2006) said that the relationship between hot issues markets and under pricing is well documented in IPO literature. Hot issues markets are characterized by a large number of offerings, concentration of new issues in particular industries, preponderance of smaller issues, frequent over subscription and abnormally high initial returns, Ibbotson and Jaffe (1975). Steen, P. Carey (2006) wrote that Hong Kong IPO market given the size and importance of Hong Kong Stock Exchange (HKSE). That is Hong Kong Stock Exchange Market play an important role in the economy in Hong Kong. We can see Hong Kong economy by viewing it stock exchange market; by this we can also know the capital of the country. Several market conditions have been considered in the context of examining initial under pricing within the papers that have been written. Dawson and Hiraki (1985) in their research of the Hong Kong IPO market between 1979 and 1984 note that under pricing appeared to be superior during growing markets than declining markets. Steen. P. Carey (2006) state that their study predates the unification of the four Hong Kong stock exchanges in April 1986 into one central exchange (HKSE). McGuinness (1992), find out that the Hong Kong IPO market from year 1980 to 1986 that reports under pricing was completely linked with the state of market giving support to the sugge stion of Beatty and Ritter (1986) that under pricing increases during the raising market period and decreases during the diminishing markets. In the stage of under assessment, Asian financial markets suffered one of the most severe and protected reversals of the post war period. Steen, P. Carey (2006). The collision of market situation on IPO under pricing was likely moderated in Hong Kong by the fundamental stability and formation of financial system. Miller (1998 p.277) said that Hong Kong was able to avoid devaluation because it has a monetary and foreign exchange system that is fundamentally different from that of the rest of Southeast Asia. Hong Kong has a exchange board but no central bank, and as Miller show that the resident of Hong Kong have the confidence in the exchange board. An additional resource of potency is that the financial stability and transparency of Hong Kong companies had extensively privileged interest coverage and return on equity than those in other Asian countries. Jaggi (1997) also found out that the performance and strength of Hong Kong companies is consistent because the company used the comp any information to monitor it. In year 1997 there is a financial crisis occurred in Hong Kong when Hong Kong is beyond dispute. Chowdry and Goyal (2000) propose that the characteristic to define a country that experiences financial crisis will face a huge falling in its traded equity prices. In general, research investigating the impact of market condition on IPO underpricing has a well defined event which is recognized with the conversion from hot to cold. Steen, P. Carey (2006), found out that the year 1997 provides a unique measurement challenge as two significant events affected Hong Kong in that year; the 27 October stock market correction and the political return of Hong Kong to Chinese rule on June 30. When the Hong Kong is tender to Chinese, this historical event has a huge impact on Hong Kong Stock Exchange. The political handover was an exclusive event and many people celebrate for it, it was connected with a period of hesitation and was followed soon after by the October 27 stock market correction. This uncertainty happens because the investor is unsure about the post handover economic and monetary performance of Hong Kong. Sub theory In capital market, there will be variety of investors for a company or firms who are wanted to expand their business. Moreover, there are some of the firms who need the investors not because to expand their business, but also to support their businesses start up. Angel Investor Individual investors who buy equity in small private firms are called angel investors. Mostly, the first round of outside private equity financing is often obtained from angels. These investors included friends or acquaintances of the entrepreneur. The business receives a sizeable equity share for their funds because their capital investment is often large relative to the amount of capital already in place at the firm. Thus, these investors may have substantial influence in the business decisions of the firm. Besides that, angels may also bring expertise to firm that the entrepreneur lacks. There is a difficulty on finding angels since it is a function how well a firm connected the entrepreneur is in the local community. Venture Capital Firms Venture capital is a limited partnership specializes in raising money to invest in the private equity of young firms. Moreover, venture capitalist is defined as a person or investment firms that makes venture investment. Besides that, they are also expected to bring managerial and technical expertise and capital to their investment. Furthermore, venture capital is fascinated to the fresh company with the limited operating history which is too small to raise capital to the public market. This is because they are yet to reach the levels that are able to secure a bank loan as well as debt offering. The differentiation between Angel Investor and Venture Capital There are different between angel investor and venture capital. Angel investors are always the provider of risk capital to the small or private firms. In addition, the providers are not from the intermediary of other company, but they are wealth people. Moreover, angels are always as the second round of financing start-up goes through, before the firm looks for venture capital partnership, but it is after they has exhausted of all their family and friends money. On the other hand, venture capital is the investors who invest their capital to a firm as part of the companys partners. So, the company will be the part of the partnership, and they are allowed to vote and make decision. Then, angels investors are only waiting for the return earns from company to them, and they are never go learn deeper to the company. Furthermore, they are not vote or make decision as part of the firm they had invested. However, the venture investors will be planning and finding the way on how much their in vestment will earn them the amount of returns. Initial Public Offering (IPO) IPO  is an acronym for Initial  Public Offering. An IPO is the first sale of shares in a company to the public. When IPO occurs, a company will be listed in Bursa Malaysia, and shares will begin to trade immediately. The IPO market goes in cycles depending upon the appetite of investors for new issues. Often the share price will increase quickly after an IPO, so purchasing shares at the IPO price may be a coveted  investment  opportunity. When management says it plans to take a company public, it means that an eventual IPO is planned. A successful IPO can raise  a large amount of capital for the newly  public company  and create substantial wealth for insiders who owned shares prior to the IPO. The differences between public and private is that public company can offer its stock to the public in huge amount, while private company is restricted to only friends and family members. Going public is important for those company which want to raise their capital. There are some pro and cons for going public. The Advantages of an Initial Public Offering (IPO) The public offering increased the company stock and value this is so call increased in capitalization of the business. The stock can be used for various activities for instance: currency for mergers and acquisitions, as stock option to help maintain key personnel, they may also sell their shares in the open market. The company will have the better access to the stock markets for future capital inflow. In general terms, the companys valuation and debt to equity ratio will perk up after going public. Company is able to receive much better terms from lenders. The company which going public is easier to promote compare to the company that are private. We can view the achievement of the public company in Bursa Malaysia and thus it had a higher recognition than private company. This benefit raises the public relation images and identifies the stability of a public company. IPO can provide the company with a chance to implement share options schemes for its workforce. This scheme is competent to enhance employee morale, maintain the loyalty of staff to company, and catch the attention of first rate employees. In long term, this can raise the employees productivity and increase the profitability of a company. The Disadvantages of an Initial Public Offering (IPO) For a company which going public need higher reporting requirements, it means further obligations and reporting requirements as public companies have to fulfill the range of regulatory necessities and meet accepted standards of corporate governance. For example, listed companies need an auditor to audit their account and report the financial statement and publish the annual report in the Bursa Malaysia. As the annual report is going to publish in the Bursa Malaysia annually, the company is said to be losing it privacy. The company needs to disclose the report honestly to the public. They cannot hide any details regarding stock option plans, details of lease agreements, gross profit, net income and its borrowing. The others disadvantages is when a company go public, they have to offer the shares to the public or in other word which means that the business owners will have to share it ownership with other investor, and shareholders can affect the company operations; they can voice out their opinion and decisions. Conclusion As a conclusion, each country has different experience about the economic growth and the capital markets. Every country applies different style, for Hong Kong they do not have central bank and for Japan they have many commercial banks that they call as main bank. The capital market of the country can be view by the venture capital in the market or the listed company in the stock exchange market. The listed company in the stock exchange market show that the investment of the public to the achievement of the capital market in the country. It reveals how much wealth the country has and how good was the economics of the country.