Labour Law Assignment Essay Example

Labour Law Assignment Essay INTRODUCTION:- 1) Definition of Industry As per Section 2(j) of Industrial Disputes Act, 1947 â€Å"Industry† means any systematic activity carried on by co-operation between an employer and his workmen (whether such workmen are employed by such employer directly or by or through any agency, including a contractor) for the production, supply or distribution of goods or services with a view to satisfy human wants or wishes (not being wants or wishes which are merely spiritual or religious in nature), whether or not,- Definition of industry before amendments in 1982:- Industry means any business, trade, undertaking, manufacture or calling of employees and includes any callings, service, employment, handicraft or Industrial occupation or avocation of workmen. ) any capital has been invested for the purpose of carrying on such activity; or ii) such activity is carried on with a motive to make any gain or profit, and includes- a) any activity of the Dock Labor Board established und er section 5-A of the Dock Workers any activity relating to the promotion of sales or business or both carried on by an establishment, but does not include- b) Any agricultural operation except where such agricultural operation is carried on in an integrated manner with any other activity (being any such activity as is referred to in the foregoing provisions of this clause) and such other activity is the predominant one. Explanation:- For the purposes of this sub-clause ,† agricultural operation† does not include any activity carried on in a plantation as defined in clause (f) of section 2 of the Plantation Labour Act,1951 1) hospitals or dispensaries 2) educational, scientific, research to training institutions 3) institutions owned or managed by organizations wholly or substantially engaged in any charitable ,social or philanthropic service, any activity of the Government relatable to the sovereign functions of the Government including all the activities carried on by the departments of the Central Governments dealing with defense research , atomic energy and space 4) any domestic service ) any activity ,being a profession practiced by an individual or body of individuals ,if the number of persons employed by the individuals or body of individuals in relation to such profession is less than ten 6) Any activity , being an activity carried on by a co-operative society or a club or any oth er like body of individuals , if the number of persons employed by the co-operative society ,club or other like body of individuals in relation to such activity is less than ten 2) Definition of Industrial Dispute As per Section 2(k) of ID Act, 1947 â€Å"industrial dispute† means any dispute or difference between employers and employers ,or between employers and workmen, or between workmen and workmen , which is connected with the employment or non-employment or the terms of employment or with the conditions of labour , of any person Industrial dispute means any dispute or difference between – Three ingredients are:-  ¦ Any person who is a workman employed in an industry can raise an industrial dispute. A workman includes any person (including an apprentice) employed in an industry to do manual, unskilled, skilled, technical, operational, clerical or supervisory work for hire or reward.  ¦   It excludes those employed in managerial or administrative capacity. In dustry means any business, trade, undertaking, manufacture and includes any service, employment, handicraft, or industrial occupation or avocation of workmen EXAMPLES:- 1) While Tata Motors has decided to move its Nano factory out of Singur after violent protests by farmers, this isnt the first time that there has been a standoff between industry and farmers unwilling to surrender land. )   In August, the Supreme Court gave South Korean steel firm POSCO the use of large swathes of forestland in Orissa for a $12-billion plant that protesting farmers said would displace thousands of people. The protests delayed the start of construction on the plant, which could be Indias single biggest foreign investment to date. 3) In the same month, the Supreme Court allowed Vedanta Resources to mine bauxite in hills considered sacred by tribal people in Orissa. The mining would feed an alumina refinery, part of an $800-million project that has been widely opposed. Environmentalists say the open- cast mine will wreck the rich biodiversity of the remote hills and disrupt key water sources vital for farming. 3) Definition of Workman As per Section 2(s) of ID Act, 1947 workman† means any person (including an apprentice) employed in any industry to do any manual ,unskilled ,skilled ,technical ,operational ,clerical or supervisory work for hire or reward ,whether the terms of employment be express or implied ,and for the purposes of any proceeding under this Act in relation to an industrial dispute ,includes any such person who has been dismissed ,discharged or retrenched in connection with ,or as a consequence of ,that dispute ,or whose dismissal ,discharge or retrenchment has led to that dispute ,but does not include any such person- i) who is subject to the Air Force Act,1950 (45 of 1950),or the Army Act,1950(46 of 1950), or the Navy Act,1957(62 of 1957) ii) who is employed in the police service or as an officer or other employee of a prison iii) Who is employed mainly i n a managerial or administrative capacity iv) Who being employed in supervisory capacity, draws wages exceeding Rs. 1600 We will write a custom essay sample on Labour Law Assignment specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Labour Law Assignment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Labour Law Assignment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer

Baroque Period essays

Baroque Period essays The Baroque Art began in Italy between the sixteen hundreds and the seventeen hundreds. Classicism of the High Renaissance has been replenished during the Baroque period. During the Baroque period of art, the exploration of the fundamental components of the human nature and the realm of senses and emotions were very crucial. The Baroque era was very vast and dynamic, radiant and colorful, dramatic and intense, passionate and ardent, and sensual and overpowered by emotions. The superficial form of light was fascinated during this period due to the thoughts of godlike sun or the truth of the Holy Spirit. The Baroque naturalism maintains the religious themes in content. The elements of perception in the Baroque art are how we perceived the natural human figures are in motion through space, time, and light. We present and analyze the extent of human actions and passions in all its degrees of lightness, darkness, and intensity. One of the most well known Italian painters from the Baroque period was Annibale Carracci. One of his famous works was from the Gallery of the Palazzo Farnese in Rome. The Farnese ceiling had a big impact in the modification of High Renaissance painting. It revives the Renaissance in human themes and emotions and the concentration of human nature and anatomy; therefore, forming a connection between the Renaissance and the Baroque. It creates the naturalistic and classical art and form in the paintings. He greatly influenced another Italian painter named Carlo Dolci, who painted Virgin and Child with Saint John the Baptist. In this painting, strong feelings and emotions are being greatly expressed without words. We see that Carraccis painting of the Farnese ceiling was painted in rich, brilliant colors, just like the Virgin and the Childs clothing in Dolcis painting. The emphasis of the human body and emotions are greatly displayed. Human nudity and beauty was also an important fact or. The nudi...

Global Competitive Strategy Essay Example | Topics and Well Written Essays - 2000 words

Global Competitive Strategy - Essay Example In order to vie in the competitive global food market, Delhaize adopted competitive marketing strategies in virtually all its business functions. The group has attained the ability to attract and retain qualified organizational personnel for all of its business needs. This provides them with competitive strength over rival firms in the industry to produce and supply quality products at reduced cost. (1). Dynamic growth in regional markets and retail concepts: The group identified the significant growth opportunity in the USA, Belgium, Central and Southern European and South East Asian markets and started building new supermarket stores in these areas. The growth strategy of the group is mainly based on starting new supermarket stores in important business locations in selected areas. The remodeling and enlargement of existing stores are continuously been carried out in order to maintain customer preferences and retain product viability of the stores. (2). Promote innovation and the use of technology: Delhaize Group is considered as the innovator in the food retail market. It is the pioneer of self service supermarket in continental Europe. The Food Lion in the Group introduced everyday low price concept in food retailing business and gets higher level customer acceptance. Adoption of innovative technology in production and marketing renders competitive edge to Delhaize. The Group introduced self scanning system in their super market stores and it facilitates extra convenience to customers and suppliers. Introduction of loyalty cards in the business provides high growth in the business transactions of Delhaize. The loyalty card holders contribute a major share of their total sales revenue. This scheme has proved successful in the market as it motivates the card holders to depend on the supplier for all market needs. Setting up of business- to- business exchange (B2B) system in the business operations is highly beneficial to the g roup to transact its

Crisis Management and Communication Research Paper

Crisis Management and Communication - Research Paper Example It is the moment of uncertainty that best describes a crisis situation. The severity of such crisis varies significantly, with less moderate to severe. The most common aspect of uncertainty pertains to the ethical and moral implications of the organization’s communication strategy during the crisis. The most common aspect of this is who is to be held responsible. Often, organizations fail to address crisis effectively because they have the tendency to engage in blame game which should ideally be the no-go area for organizations during crisis situations. The purpose of communication, or more so â€Å"strategic† communication during times like these, is to mitigate to some extent this form of uncertainty associated with the crisis. The higher the uncertainty associated with finding a solution for the crisis the greater the severity of the crisis (Stephens, Malone, & Bailey, 2005). It is often useful to classify crisis as an event caused by either external factors such as opportunities and threats as well as internal dynamics of the company including strengths and weaknesses. Crisis puts the company’s immediate survival at stake. ... Furthermore, researchers have also delineated on the steps in crisis management and communication, keeping in mind the procedural nature of a crisis situation. In the first stage, the organization gets signs and warning signals pertaining to an upcoming disaster (Stephens, Malone, & Bailey, 2005). In the next stage, organizations often engage in preparation and prevention exercises such as team-building measures as well as employing training measures to deal effectively with the crisis (Stephens, Malone, & Bailey, 2005). In the third phase, the damage is potentially â€Å"contained† or limited by several measures, the most important of which is communication, in order to avert the spillover of damage to other parts of the organization (Stephens, Malone, & Bailey, 2005). In the final phase, the organization recovers from the mishap, which is followed by essential learning in order to avoid the possibility of such a crisis in future (Stephens, Malone, & Bailey, 2005). Communicat ion during crisis situations, therefore, is fundamental to reaching the recovery phase sooner and more safely. The ultimate aim of communication during crisis situation is to frame appropriate public perceptions about the company and to maintain a favorable image of the company in the minds of stakeholders. Communication during these times also serves the purpose of informing, convincing or even motivating stakeholders towards a desired form of action. Another aim of crisis communication is to ensure that the damage is controlled and that the negative impact of the crisis on various environmental elements is minimized. Companies often use this as an opportunity to reinforce and communicate existing values, culture, vision and mission associated with the organizations to the public. As is the

Review phone lines not in use. will terminate them in oreder to save Essay

Review phone lines not in use. will terminate them in oreder to save the HQ money - Essay Example We've formulated the results of some unused telephone lines in the form of a list for our cherished customers’ perusal. We request you to please look up the attached appendix 1 and see if any of the phone numbers listed in it belong to you. The phone numbers listed in this appendix are subject to being terminated after a period of 15 days from now. Kindly notify us within a week of receiving this letter if any of the numbers belong to you. This would save them from being terminated uselessly. You can call us directly at our toll free number 1-800-OFFICES or you can e-mail us directly at support@hq.com to notify us. Effective after two weeks, this act of terminating unused telephone line connections would save HQ approximately $110K per year in telephone line costs. Thanks for helping us help you. This change will increase the overall revenue of the company and would help us focus more on providing high quality services with added motivation. Have a good day! Sincerely, [Your N ame] Services Manager HQ. Note: Appendix 1 attached overleaf. APPENDIX # 1. LIST OF UNUSED TELEPHONE NUMBERS. 1. (505)987-1123 2. (541)123-7786 3. (860)760-0098 4. (925)888-6543 5. (262)432-2234 6. (907)876-5511 7. (319)887-9987 8. (985)112-3123 9.

Elements of Information Security

Elements of Information Security The fast growing of internet technologies and information technologies forces individuals, educational institutes or enterprises to use the internet that also introduces numerous illegal users which destroy or attack network security with the help of various fake websites, Trojan horse or other viruses, fake mails and many more (Yim et al, 2014). Computer systems are mostly affected by this network attacks and even can bring computer networks in state of paralysation. Intruders or illegal users use huge information from computer networks for their personal benefits. Further, some invaders use that information to cause huge disastrous activities by targeting military or government departments that can cause threat to national as well as social security. Information security elements: The security of information needs to be based on business objectives and ensures enterprise security. The protection of networks needs to be handled by top management of enterprises. The system for security needs to be cost effective. The policies related to information security needs to be published in detailed manner by describing role of each employee in enterprises. The system needs to be monitored on continuous basis that will avoid unauthorised access to information systems and enhance privacy of network as well (Lesjak et al, 2015). During development of information systems, analysis of risks, analysis of business impact and classification of information documents needs to be considered. Reassessment of information system needs to be done on continuous basis for its modifications and improvement of networks. Organizations culture also needs to be considered while developing secured information system. Security characteristics: Data needs to be integrated in effective manner and its modification needs to be done by authorised persons only. Data encryption needs to be considered for avoiding any unauthorised access form external users (Xie et al, 2014). Data should be available to authorised users on their demands only. The flow of data needs to be controlled in effective manner by following appropriate information patterns like data access, contents or communication for secured IT systems. Security awareness: The certain awareness programs needs to be introduced at different organizational levels for the IT security purposes. Education related to security needs to be done in such manner that should be cost effective and strategies need to be developed for security purposes (Ahmad et al, 2014). The awareness gap is created due to lack of inappropriate knowledge related to security of information technology systems. Network security threats: The human errors like improper usage by operators, vulnerabilities related to security configuration, lack of security awareness among users, or usage of simple passwords are some threats that can affect IT security systems. Security attacks in terms of active or passive attacks may possess threat to information or data stored in the systems and at the same time, privacy or confidentiality of security systems may also be suffered due to these attacks (Cardenas et al, 2013). Lack of secure networking software may also make IT systems more vulnerable to hackers and unauthorised users. Illegal users which can access personal information by unauthorised manner are also one of network security threat that is affecting IT systems. Security solutions: Firewalls are networking devices which are used for restricting passage of traffic in between the different networks. This consists of both software as well as hardware components and helps in implementing policies of security in effective manner (Zhao and Ge, 2013). Detection system for intrusion monitors IT systems on real time basis by using various sensors, analysers or components of user interface. This system works by gathering information from different sources or networks and accordingly analyses invasion signs by interpreting patterns of unauthorised activities on the system. References Ahmad, A., Maynard, S. and Park, S. (2014) Information security strategies: towards an organizational multi-strategy perspective. Journal of Intelligent Manufacturing, 25(2), pp.357-370. Cardenas, A., Manadhata, P. and Rajan, S. (2013) Big data analytics for security. IEEE Security Privacy, 11(6), pp.74-76. Lesjak, C., Hein, D. and Winter, J. (2015) Hardware-security technologies for industrial IoT: TrustZone and security controller. In Industrial Electronics Society, IECON 2015-41st Annual Conference of the IEEE (pp. 002589-002595). IEEE. Xie, F., Peng, Y., Zhao, W., Gao, Y. and Han, X. (2014) Evaluating Industrial Control Devices Security: Standards, Technologies and Challenges. In IFIP International Conference on Computer Information Systems and Industrial Management (pp. 624-635). Springer Berlin Heidelberg. Yim, K., Castiglione, A. and You, I. (2014) Prosperity of IT security technologies in homeland defense. J. Ambient Intelligence and Humanized Computing, 5(2), pp.169-171. Zhao, K. and Ge, L. (2013) A survey on the internet of things security. In Computational Intelligence and Security (CIS), 2013 9th International Conference on (pp. 663-667). IEEE.

Investigating the Cause of Global Warming Essay -- Global Warming Clim

Investigating the Cause of Global Warming Many people disagree on the issue concerning global warming. Some believe that human activities, various forms of polluting, are the main cause of global warming. Others think that not only have humans not affected the planet by any significant amount, but that not much global warming has even occurred. Many scientists think that pollution is the cause of global warming and the greenhouse effect. There is a lot of evidence to support this theory. In the United States alone, almost 15,000 pounds of greenhouse gases are emitted per person each year. From 1990 to 1997, these emissions have increased by 3.4%. The burning of fossil fuels is responsible for 82% of these emissions. Since the industrial revolution first came about, the amount of carbon dioxide in the atmosphere has increased by almost 30%. The burning of fossil fuels to power vehicles, heat buildings, and to power factories is the cause of the emission of 80% of the carbon dioxide that is released into the atmosphere. The amount of methane in the atmosphere has increased by more that 100% and the amount of nitrous oxide has risen by 15%. The burning of fossil fuels is also responsible for emitting 25% of the methane and 20% of the global nitrous oxide that is released. Some other emissions are caused by the increas e of landfills, agriculture, industry, and mining. There are also other greenhouse gases that do not occur naturally. Some of these gases are chlorofluorocarbons (CFCs), hydrofluorocarbons (HFCs), and perfluorocarbons (PFCs). These are byproducts of refrigeration, air conditioning, and foam production. The increase of greenhouse gases causes the atmosphere to trap more heat than it would naturally. ... ...be able to melt ice caps. I used to believe that action should be taken immediately to stop global warming so that our planet wouldn?t be severely damaged. Now, based on the evidence I have seen, I don?t think that pollution has such a large effect on the environment. Of course I do think that it is important for us to try to cut down on pollution. It will someday affect our descendants. However, I no longer think that a huge amount of money should be spent to solve this problem immediately. I think that each individual should be careful in their everyday lives to try to cut down on pollution. I think this will make our planet a better place for the future. Bibliography: http://www.epa.gov/globalwarming/index.html http://www.globalwarming.org/ http://www.heartland.org/studies/ieguide.htm http://www.ameritech.net/users/storm8/final.htm#discuss

Comparison of Two Texts

Comparison In this comparison essay I will inform and elaborate the young people regarding two texts or theme related on travel. The first text is called ‘Southeastern Railway’ and the second one is known as ‘Find your Feet’. These two texts are really relevant two classify them as’ daily essential needs’, because more or less they are getting used by everyone. The first text is about their offers they are giving to the audiences, so that they can visit some places for cheap. The second theme is about walking to school, without having to use any motor vehiclesLayout Firstly, I would like to mention about the layout of ‘Southeastern railway’. This text has been laid out in a neat form; instead of scattering the topics all over by doing this it gives the reader some various ideas about different places. Whereas, ‘Find your Feet’ text is laid out in such a way that the bold text of it would grasp the teenager’s att ention straightaway. Pictures In ‘South eastern railway’ there are many colourful pictures to inform where a person can go to visit. This leaflet/poster is really informative comparing ‘Find your Feet’.This leaflet also contains regarding those places in Kent and London which are worth visiting and it gives a person to visualize him/her of it. On the other side, ‘find your feet’ is featuring three teenagers enjoying themselves walking to school. Language The ‘Southeastern Railway’ poster literally communicates with the audience with lucid, formal and coax English, due to their attitude and expressions they’ve used in the text. This makes a person to have some ideas regarding visiting those places. It also informs the reader regarding the offer which is 20% off.Whereas, â€Å"find your feet† has featured their language in such a way that only the new generation’s kids will understand. Additionally, it makes quit e complicated for other people to get their message, since they have featured slang English slogan. â€Å"Find your Feet† has only featured brief amount of text explaining the purpose of the poster. Thus, they knew that the teenagers wouldn’t like to read a whole page of information therefore they gave out less writing. So they had to use some uses of slogans and catchy titles using alliteration Bold text/Colour South eastern railway’ is really attractive it catches a person’s attention as well as their eyes with their vibrant colours. All readers normally like to have tints of colours in their articles; therefore ‘South eastern railway’ article contained it to make it a perfect article for a reader to read. The south eastern railway’ leaflet contains number of pictures in Kent and London, which is worth visiting and involve ones self in various activities. This gives a person to have visualization and think that if it is worth visitin g. Otherwise it is useless if there was no picture or anything.Nevertheless, ‘find your feet’ has primary colours to show that this poster is for teenagers. Subheadings ‘South eastern railway’ article gave more subheadings which makes the reader more enthusiastic in reading the article. So that he/she will know what part they are reading without having to look at it full in detail. Unlike ‘find your feet’ is just a full page picture containing teenagers being active and enjoying themselves walking to school. So this leaflet is really short to read. Visiting Places ‘South eastern Railway’ article informs lots of places, which is worth visiting.Thus, the author gave offers where a person can go and visit Kent or London. To visit either of these places a person can read a brief information regarding those places . Whereas, ‘find your feet’ has alliteration and a slogan where is again persuading by saying that ‘ditch the ride and walk to school’. It is also telling the audiences to go to school, where they go everyday which is not something new. Moreover, on ‘South eastern railway’ the author has featured two trains, one is fast and other is normal. Fast trains are for to visit big towers as well as cities.On the other side the small trains are for to visit the small towers and small cities. Purpose ‘South eastern Railway’ is really essential for everyday use as it is mentioned above, and their purpose is to persuade the adults to use trains to visit various places as part of their break. They can also take the privilege of their new offers which is 20% off from their original price. Whereas, the second theme/text has a lot of differences in comparing their colours, purpose, audiences etc. Their purpose is to make the teenagers walk to school, instead of using any motor vehicles or transports.The reason being is that, so that they can have healthy life and have a bit of time with their friends as its mentioned in the poster. Similarities Colour In ‘Southeastern Railway’ leaflet contains colourful pictures to show the beauty of those places which are worth to visit. This is another way to make the article interesting and it also gives you the chance to visualize, because without them it would look very dull and boring. On the other side, ‘fid your feet’ has use of primary colours to show the inspiration to the audiences to follow their message. Bold TextAdditionally, ’South eastern Railway’ leaflet gave out numerous amounts of bold texts and headings, so that the reader can have an impact on it. Not only that they have opened their website, so that the others can also have a look at their detailed information such as: 20% off offer, places to visit, off peak times etc. Conclusion In conclusion, it is a great idea to have these various types of colours to communicate with the audiences. That is what â €˜Southeastern railway’ and ‘Find your feet’ in order to get the audience’s attention. It is recommendable to add the extra features and formal style of English to communicate with the reader.

Calcium Silicate Crystal Snow Recipe

Calcium Silicate Crystal Snow Recipe Chemical snow can be achieved in a variety of ways. This recipe does not produce the wet snow you get from sodium polyacrylate in water. This is a dry snow made from calcium silicate crystals. Its a fun crystal or chemistry project, useful if you want snow that wont melt. Materials Needed calcium chloride  sodium silicatewater Calcium chloride is a common salt used for snow and ice removal. Its also sold in hardware or home stores to control humidity. You can make sodium silicate, also known as water glass yourself. Combine the silica gel bead packet sold with shoes and clothes with sodium hydroxide (lye or drain cleaner). Sodium silicate is a liquid solution. Make Chemical Snow This is extremely easy. The calcium chloride and sodium silicate react in water to make calcium silicate. The calcium silicate is a flaky white solid. Add a small amount of calcium chloride to a test tube or small glass that is half-full of water.Add a few drops of sodium silicate solution.Swirl or shake the test tube and watch the white flakes of calcium silicate fall like snow. Make Other Silicates and Snow Crafts There are lots of fun ways to use fake snows in arts and crafts applications. You can also make other metal silicates besides calcium silicate. Replace the calcium chloride with aluminum sulfate to make aluminum silicate or use strontium chloride to make strontium silicate.

Deal with Back-To-College Blues and Dominate New Term

Deal with Back-To-College Blues and Dominate New Term Stepping back into that chilly dorm room after a luxurious winter break can feel like a prison sentence. Your new courses yawn out in front of you forever, with spring break an eternity away. If you’re not careful, this can turn into a post-vacation funk. Even worse, it could lead to depression or dropping out. The U.S. News and World Report states that 1 in 3 college freshman won’t make it back for sophomore year, with a full 10% of students dropping out during winter break. What is the reason for this significant loss of motivation? Money, family issues, and plain old loneliness. In a recent book by Donald Foss, a professor of psychology at the University of Houston, he states that loneliness, isolation, and financial problems can combine into a perfect storm of college demotivation. Fortunately, there are a few simple ways to combat this post-break malaise. By actively engaging with your college experience, practicing positive behaviors and attitudes, and keeping yourself healthy, you’ll be much more likely to limit your stress and have a great second term. Get Organized One of the quickest ways to fall into a post-break funk is to feel like you don’t know what you’re doing. That’s why it’s important to be proactive about how you feel about school. Start by making a schedule of all the major goals you want to get accomplished this semester – both academic and personal. Then, break each of those goals down so you know what you need to do each week to get that goal accomplished. You can even include specific assignments that will need to be finished so you’ll have lots of time to complete them. This will give you the focus you need to get engaged in your new term. Get Involved Since isolation is one of the main reasons that students feel depressed after their winter break, it makes a lot of sense to get involved in a new activity. Try to pick something that you think will be interesting, but not time-consuming. In addition, if you pick a physical activity (like a co-ed team sport), you’ll be exercising your body at the same time you’re exercising your social skills. Getting involved in an activity can go a long way to relieving the sense of isolation that many students feel during the post-winter term. In addition, it keeps you moving when your instinct is to stay cooped up in your room. Get Positive When life gets you down, the best antidote is positivity. This is an especially good idea for students who are feeling nervous about their new teachers or term. At the end of each day, take five minutes and write down at least three things that you felt good about for that day in a â€Å"positive journal.† You can fill your journal with things as simple as smiling at a stranger, or as complicated as getting a good grade on a huge project. Then, at the end of each week, read over your daily entries. Take a minute to congratulate yourself on doing (and seeing) so much good. You’ll feel better about yourself and begin to start seeing the positive everywhere you go! Get Ahead For a lot of students, the first few weeks of the semester are the ones when they feel most excited to learn. The brand new books, teachers, and curriculum can be exciting†¦until that mid-semester boredom kicks in. Super-smart students take advantage of this first-of-the-term motivational boost by getting ahead. Take a look at the syllabus on the first day and see what kind of assignments will need to be done over the next few weeks. If you can, start thinking about paper ideas, read ahead in the book, or complete easy homework assignments that you can turn in later. When your initial boost of energy wears off, you’ll still be ahead of the curve and more likely to establish a habit of turning in work early rather than late. Get Help If, for any reason, you’re stuck in a pattern of depression and lack of motivation, don’t wait to get help! There are many people who want to see you succeed, and who have the skills to help you organize your schooling so that you can finish like a champ. Talk to your friends or roommates, and see what kind of advice they have for getting out of your slump. You can also talk to an academic advisor or school counselor, even abiut the things that seem small. They are much happier hearing from you before your depression has become an emergency. And, of course, get help from your family or other close associates. Truly smart students know when they can’t do it alone. Have you managed to overcome post-holiday blues and lack of motivation? Share your story with us!

Employment laws differ in a global environment Essay

Employment laws differ in a global environment - Essay Example Employment laws differ in a global environment in a number of ways. These differences are usually evident in terms of employment, severance policies, consideration for employment, employment litigation, human rights, compensation, discharge, and statutory protection among others (Honeyball, 2008). A good example of a country whose employment laws are different from those of the US is Canada. For example, in Canada, employers must provide employees with at least pay in lieu or a statutory notice of termination, whereas, in the US, employment is ‘at will’ and a notice of termination to an employee is only required if a contract was signed. Another difference in employment laws in US and Canada is seen in the human rights perspective. Both Canada and USA prohibit discrimination in employment on grounds such as religion, ethnic origin, gender, and color among others. When it comes to disability, discrimination is also prohibited in both countries, and employers are required to make necessary accommodations for workers with disabilities. However, in Canada, employers face tougher conditions than in the US since they are required to accommodate drug addicts and alcoholics. These two conditions are recognized as disabilities by Canadian employment laws, and they require accommodation (Honeyball, 2008). There is no valid reason for these differences. All employees and employers should be equally protected by the law; regardless of the region they are located. It does not make sense to protect employers or employees in one area against something, and totally disregard the same thing in another area. Therefore, I do not agree with these differences. The main reason for this is because these differences create an unnecessary rift. For example, why would employers in Canada be required to accommodate drug addicts and alcoholics? It simply does not make sense because such people have made decisions to

Answer the 5 questions of investment portfolio management Essay

Answer the 5 questions of investment portfolio management - Essay Example Present value of Dividends employs the cost of equity as the discount figure. Operating free cash flow is the cash residue after eliminating direct costs, working capital and capital expenditure needed for future growth, but before any payments to suppliers of capital. The firm’s weighted average cost of capital (WACC) is the discount rate employed in determining operating free cash flow. Free cash flow to equity refers to operating free cash flow less payment to debt holders (Strong, 2008). The firm’s cost of equity is used as the discount rate. Present value of Cash flow allows a degree of flexibility for changes in sales and expenses, which implies varying rates of growth over time. However, present value of cashflow valuation approach has a weakness in that it is heavily dependent on growth rates of cash flows and the discount rate estimates. Relative valuation approach to security valuation offers information on how the market is presently valuing the stock. Compon ents measured using the relative valuation technique include the price earning ratio, price to sales ratio, price to book value and the price to cash flow. Unlike the present value of security valuation, relative valuation approach does not offer insights as to whether current valuations are appropriate. Thus, valuations could be too low or high at a certain point in time. As such, Relative valuation is suitable when there are comparable firms in terms of the risk, industry and size in the market. It is also appropriate when the aggregate market and the entity’s industry are not under valuation extreme. That is to mean that the collective market and the firm’s industry should not be acutely overvalued or undervalued (Strong, 2008). Both cash flow approach and relative valuation approach have several factors in common. One is that they are both affected by the investor’s required return on the stock since this return rate becomes a significant element of the disc ount rate. Secondly, the two valuation approaches are affected by the growth rate estimation employed in the valuation technique such as dividends, sales or earnings. Therefore, the two approaches may be considered as complementary. 2. The concepts of systematic and unsystematic risk, variance, covariance, standard deviation and beta as each of these relate to investment management. Unsystematic risks refer to the kind of uncertainty that is associated with the industry in which a company operates. Unsystematic risks are also referred to as specific risks or diversifiable risks for they are specific in each industry, and they are reduced through diversification. Unsystematic risks arise as a result of factors particular to an industry or the firm such product category, marketing, research and development and pricing. Systematic risks refer to the kind of uncertainty that is inherent in the whole market segment. They are also referred to as market risks or non-diversifiable risks bec ause they are inherent in the entire market and diversification do not result in their reduction. Systematic risks are such as war, inflation, change in taxation, global security perils and political instability that affect the functioning of firms in all industries. Total risk is a combination of systematic and unsystematic risks. Variance is the measure of volatility from the mean. Variance helps an investor to establish the risk involved in purchasing a certain security. A higher variance indicates greater variability and thus greater risk. A greater variance also