Tuesday, November 26, 2019

4 Punctuation Marks for Forming Appositive Phrases

4 Punctuation Marks for Forming Appositive Phrases 4 Punctuation Marks for Forming Appositive Phrases 4 Punctuation Marks for Forming Appositive Phrases By Mark Nichol An appositive phrase extends a sentence by adding more information in apposition (meaning â€Å"related to† or â€Å"juxtaposed with†) to a word or phrase preceding it. This post describes how to use each of four forms of punctuation to extend a sentence by adding an appositive phrase. 1. Colon A colon signals to the reader that what follows is an expansion or explanation of what precedes it: The colon is equivalent to an equals sign in mathematics. (The preceding statement is an example of expansion.) The traditional rule of capitalization after a colon is twofold: If the text that follows the colon as an expansion or explanation is a phrase or a single sentence, the first word of that passage should not have an initial capital letter. If the text is more extensive, the first word of each related sentence should be capitalized. (The preceding statement is an example of explanation.) This rule is not universally accepted, and I’m among the heretics: I prefer to initial-cap what follows a colon if it is a complete statement of one or more sentences, because I think that the distinction between incomplete and complete statements is more logical than the standard criterion. The colon also appositively signals that a quotation or a list follows, as in â€Å"This truth is universal: ‘Just because you can doesn’t mean you should’† and â€Å"I bought three tools: a hammer, a wrench, and a screwdriver.† (Read more about colons.) 2. Dash A dash can substitute for each of the other three punctuation marks described here; the choice is based on tone rather than sentence organization. A dash represents a sudden or abrupt shift it’s a dramatic device to set the reader up for a change of syntactical form or for a revelation or a punch line. A pair of dashes can be employed parenthetically, but that use does not apply to appositive phrases. (Read more about dashes and search the site for â€Å"em dashes† for more posts that discuss the topic.) 3. Ellipsis An ellipsis, a series of three dots that separate one part of a sentence from another (also known collectively as ellipses), indicates an intentional or unintentional pause caused by person being at a loss for words or hesitating because of some emotion such as doubt or fear or for dramatic effect. (Ellipses are often interspersed with letter spaces a more aesthetically pleasing style though some publications omit the spaces or use a single-character ellipsis.) When an ellipsis concludes a sentence, it represents faltering speech, and it marks omission of one or more words from quoted material, but these uses do not apply to appositive phrases. (Read more about ellipsis.) 4. Semicolon The semicolon is similar in name and appearance to the colon, but its function is unrelated; it serves as a weak period, as employed here, or as a strong comma, as shown in the next paragraph. In its weak-period guise, it marks the end of one statement and the beginning of another; however, it is appropriate in place of a period only if the second statement is closely related to or dependent on the first one. Note that when a semicolon appears in such a case, no coordinating conjunction (such as and or but) should follow it. (However, when the conjunctive adverb that begins this sentence, or others such as moreover or therefore, follows a semicolon, as occurs earlier in this paragraph, a comma should follow the word.) A strong-comma semicolon is one used in place of two or more commas when the elements in a run-in list are themselves lists, as in this sentence: â€Å"The three most frequent color schemes in flags are red, white, and blue; red and white; and, tied for third place, red, yellow, and green and red, white, and green.† (Note that not all list items must include internal punctuation.) Many writers are reluctant to use semicolons because they do not understand how to use the punctuation mark correctly or consider it overly formal, but its roles are simple and helpful. (Read more about semicolons.) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:12 Types of Language"Owing to" vs "Due to"15 Names and Descriptions of Effects

Friday, November 22, 2019

Formatting Book Titles in the Digital Age

Formatting Book Titles in the Digital Age Formatting Book Titles in the Digital Age Formatting Book Titles in the Digital Age By Maeve Maddox A reader wonders why he is seeing book titles presented in all capitals: Ive even seen publishers and editors do it, so I started thinking maybe I was misinformed. Typing book titles in all caps is a peculiarity of the publishing industry. According to The Chicago Manual of Style, the practice originated in the days of the typewriter when titles that are now easily italicized on a computer had to be underscored; typing the title in all caps for industry correspondence and interdepartmental memos saved time. The all-caps practice has continued into the digital age, perhaps because early email programs transformed italics into gibberish; typing titles in all capitals insured that they would be readable. Most of today’s email programs handle italics perfectly well, but the practice persists. Many sites offering advice to writers recommend the all-caps approach when corresponding with publishers and agents. Here’s an example from a model query letter on the Writer’s Digest site: I’m currently seeking representation for my YA [Young Adult] novel, FALLS THE SHADOW. Given your interest in science fiction, I thought it might be a good fit for your list. CMOS does not approve, not even for email. Their recommendation â€Å"when italic type is unavailable† is to type an underscore at the beginning of the title and another at the end of the title, as in this example: When I first read _The History of the Siege of Lisbon_, I was so grateful to discover a book about a proofreader that Saramago’s hypnotic stringing together of sentences nearly sent me into an ecstatic trance. Here is the CMOS stance on the formatting of titles of creative works: 1. The titles of novels, long poems, movies, and television series are italicized. The Lion, the Witch, and the Wardrobe (a novel) Flowers for Algernon (a novella, but still long enough to warrant an italicized title) Paradise Lost (a poem of about 10,000 lines) Enoch Arden (a poem of about 900 lines) To Have and Have Not (a movie) Downton Abbey (a television series) 2. The titles of short stories, short poems, songs, chapter titles, and television episodes are enclosed in double quotation marks. â€Å"Lucy Looks into a Wardrobe† (chapter title from The Lion, the Witch, and the Wardrobe) â€Å"Ulysses† (short poem of 73 lines) â€Å"Deus ex Machina† (episode title of television series Person of Interest) â€Å"When You Wish upon a Star† (song) Note: British usage prefers single quotation marks (e.g., ‘Ulysses’). As with certain other matters concerning mechanics, The Associated Press Stylebook does not concur with CMOS. AP style recommends enclosing the titles of all of the following in quotation marks: books computer games movies operas plays poems albums songs radio and television programs lectures speeches works of art AP does not enclose the following works in quotation marks: the Bible catalogs almanacs directories dictionaries encyclopedias gazetteers handbooks software programs As with apostrophe use, it’s up to the writer to choose a style guide to follow. Writers in search of publication are probably wise to do as the Romans do. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:Yours faithfully or Yours sincerely?Confused Words #3: Lose, Loose, Loss"Wracking" or "Racking" Your Brain?

Thursday, November 21, 2019

Financial Analysis of a Publicly-Traded Company Research Paper

Financial Analysis of a Publicly-Traded Company - Research Paper Example However, after conversion of preferred stock held by the US government into a common stock, US government is the largest stakeholder of the company to the tune of over $25 billion (Stempel, 2009). Q.2 Identify the five (5) forces of competition and how it impacts the company. Porter's five forces of competition describe Citigroup’s relative standing in the financial market and the impact these forces may crate on the company can be elaborated under the following heads (Porter, 2008). Threat of Entry from Other organizations Banking business requires huge resources and credibility to begin with and that will surely create an entry barrier for a new entrant. The economies of scale go in favor of the Citi as that helps Citi to provide the services to the consumers at affordable cost. There is always a moderate threat from overseas players to enter in the niche area of Citi. Supplier Power Citi is in the business of financial services. Deposit holders provide huge chunk of capital to the Citi. In most of the cases, they do not have any bargaining power as they are in millions scattered all around and individually too small to dictate any terms. Currently, money flows globally and forward and backward integration of the companies in financial service business can create some turbulent times to the Citigroup but that applies to all firms within the financial market. Buyer Power Being in the financial services business, retail buyers do not have any bargaining power as such and they need to buy as per the market offerings. It is true that business moves in favor of the market-driven company but buyers bargaining power in the financial sector is not substantial to tilt the scale against the companies in this sector. Institutional buyers are the informed buyers and they do possess bargaining power to a certain extent because they buy in bulk; however, that bargaining power is not always one-sided. Financial products are inherently complex in nature and buyers hav e limited capacity to understand them though they do get substitutes in the market. This factor is not likely to affect much to the company like Citigroup. Rivalry Factor There are numerous competitors in the financial services business in retail and the institutional sectors; however, brand equity is superb in case of Citi. Mergers and acquisition is a common phenomenon in the financial sector. Size of the corporation does matter and Citigroup is one of the giant in the financial sector business so that is always a plus point for the company. Usually, companies change the hands but do no prefer to exit completely as sector offers lucrative business opportunities in the long run. Product differentiation is always possible to carve a suitable niche for the company and Citi has been doing the same for several decades. Substitution Threats Due to numerous players in the financial service sector business, substitute products are always available and the consumers weigh them with all pro s and cons. Citi also faces the issue of

Tuesday, November 19, 2019

Smoking cigarettes is deadly Essay Example | Topics and Well Written Essays - 500 words

Smoking cigarettes is deadly - Essay Example Over half of all long-term smokers eventually die of a smoking-related disease. Smoking affects many parts of the body; both internally, e.g. increased risk of infertility, impotence and reduced sperm count, and externally, e.g. dry skin, smelly breath and stained teeth. In the short-term, smokers are prone to suffer from a shortness of breath as less oxygen gets transported to the lungs. Long-term, there is increased risk of respiratory problems, e.g. chronic bronchitis, emphysema and chronic asthma. Smokers also have lower level of antioxidants in the blood to repair damaged cells than non-smokers. This makes them less immune to viruses, which weaken their natural defences. The Surgeon General Report (2010) also highlights that thousands of non-smokers die each year from heart disease, lung cancer and respiratory infections due to breathing in second hand smoke. The scientific link between health risks and second hand smoke is now so strong that a number of countries including the UK have banned all forms of smoking in public places such as restaurants and cinemas. I now wish to turn my attention to 2 of the most well known harmful effects of smoking. Firstly, 85% of lung cancer cases are caused by smoking and Martin (2005) states that it’s the leading cause of cancer death amongst smokers.

Sunday, November 17, 2019

Activities of Investment Banking Essay Example for Free

Activities of Investment Banking Essay The Investment bank is the financial institution which assists the governments, corporations and the individuals in raising the capital by acting or underwriting as the agent of the client in issuance of securities. The investment bank can also help the companies which are involved in acquisitions and mergers, and offer ancillary services like the trading of the derivatives, market making, foreign exchanges, instruments of the fixed income, equity securities and commodities. Unlike the retail banks and commercial banks, the investment banks dont take the deposits. There are commonly two main channels in the process of investment banking. Trading the cash for securities like market making, facilitating transactions or for cash or for the promotion of the securities like research, underwriting is known as the sell side, while correlate with the mutual funds, hedge funds, pension funds and investment public comprises the buy side. Various companies have sell and buy side components. What are the main activities of the investment banking? The investment banking is generally split into back office, middle office and front office activities. While the big service investment banks provide all the channels of the business both buy side and sell side. The little sell side investment companies like as the small broker dealers and the boutique investment banks focus on the trading/sales/research and investment banking respectively. The Investment banks also provide services to both the investors buying securities and the corporations issuing securities. For the corporations, the investment banking provide information on how and when to place the securities on the open market, this activity is very much important to the reputation of any investment bank. Thus, the investment bankers play a key role in issuing the new offerings of the securities. Other activities of the investment banking: Apart from the main activities, there are some additional activities, in which the process of investment banking is involved. These are: †¢ Global transaction banking: This part is the division of investment banking which offers custody services, cash management, security brokerage and lending services to various institutions. Hedge funds with Prime brokerage is especially a risky as well as profitable business. †¢ Merchant banking: This process is also known as the very personal banking. The merchant banks provide capitals in exchange for the share ownerships and also provide information on strategy and management. The term merchant banking is also used to define the private equity part of any company. †¢ Investment management: This service offers professional management of several securities like bonds, shares and of other assets like real estate to meet with certain goals of investment for the profit of the investors. These investors can be institutions like pension funds, insurance companies, corporations and many more or the private investors. †¢ The investment management division of an investment bank is generally divided into separate groups, often known as Private Wealth Management and Private Client Services. †¢ Merchant banking is also a name used to describe the private equity side of a firm.Merchant Banking: Past and Present Current examples include Defoe Fournier Cie. and JPMorgans One Equity Partners and the original J.P. Morgan Co. Rothschilds, Barings, Warburgs and Morgans were all merchant banks. (Originally, merchant bank was the British English term for an investment bank.) Reference: http://classof1.com/homework-help/finance-homework-help/

Thursday, November 14, 2019

Marketing Strategy Implementation in Higher Education Essay -- higher e

The scholarly article which I selected to review addressed the strategic implementation of marketing initiatives within international higher education entities (Naidoo & Woo, 2011). This article was of particular interest to me due to its specific focus on marketing within higher education entities (HEI’s). The authors focused their research on 10 universities which recruit international students; specifically, on 570 questionnaires from mid-level marketing managers responsible for strategic implementation of marketing initiatives. (Naidoo & Woo, 2011, p. 1117) The authors note the disparity in success between HEI’s in addressing the international student market, and raise the implied question of whether differences in successful strategic implementation could be contributory. This study focuses on strategic implementation, as contrasted with strategic formulation, as a driver for marketing success. The premise of the authors is that by focusing on the factors whic h influence successful strategic implementation, HEI’s can enhance marketing program success. In addition to highlighting strategic implementation as a marketing success factor, they emphasize the value of a higher education focus in their research. Although this business category has achieved prolific growth in recent years, most marketing research has been focused on a general business environment. The research found that strategic implementation is viewed by marketing management as operations-driven in nature. The authors uncovered 4 primary constructs from their data: implementation related outcome variables, dimensions of commitment, strategy factors and role factors. (Naidoo & Woo, 2011, p. 1122) Put in simpler terms, the authors identified strategy commi... ...ting program success. They have demonstrated that mid-level marketing managers within Higher Education view individual commitment to the selected strategy, as well as the perceived significance of their role in implementation, as critical factors to role performance, and ultimately program success. Suggestions for follow up may include a closer analysis of successful and less successful HEI’s, to further understand how these factors influence the success or failure of these organizations’ marketing programs. Works Cited Kotler, P., & Keller, K. (2012). A framework for marketing management. (5 ed.). Upper Saddle River, NJ : Pearson Hall. Naidoo, V., & Wu, T. (2011). Marketing strategy implementation in higher education: A mixed approach for model development and testing. Journal Of Marketing Management, 27(11/12), 1117-1141. doi:10.1080/0267257X.2011.609132

Tuesday, November 12, 2019

Anne Carson Essay

Kiersten Baxley Professor Shirokova English 1102 12 September 2012 Anne Carson’s Lessons Anne Carson is a very intelligent and well rounded writer. When I first read Anne Carson’s â€Å"Short Talks†, I was seriously confused. At first, Ithought she was an abstract writer that wrote just to write. But then I took a second look at her work and realized there was much more to it than just crazy jumbled ideas. â€Å"Short Talks† is a mixture of many elements. It has argumentation, facts, personal opinions, and an unconventional way of writing. As I was rereading the â€Å"Short Talks†, I noticed names, facts, and a lesson to go along with each â€Å"Short Talk. This persuaded me to do some research so the stories would start to make more sense. After completing my research, I have come to the conclusion that â€Å"Short Talks† has been created to teach the reader a lesson, teach them about a historical figure, and to enable the reader to think outside of the box. I do not like reading something and have no idea what is being discussed; and that is what I liked about Anne Carson’s â€Å"Short Talks†, she prompts the reader to think in a critical manner thus persuading them to want to learn about what they are reading. For the reader to fully understand this style of reading, one needs to research Anne Carson’s background. Next the reader needs to research the main topics of each short talk. Anne Carson truly enables the reader to think outside of the box when she uses this less conventional way of writing since most authors do not use this style of writing. Most writers use a more â€Å"normal† approach to their writings. â€Å"Short Talks† seem to teach the reader some sort of lesson when they read them. Take the short talk â€Å"On Major and Minor† for example, Anne states, â€Å" There are more major things than minor things†¦I believe that she is portraying that there are people all around the world that turn very small things into much larger issues than it should be (Bartholomae and Petrosky 264-270). Carson uses the fictional character Elektra as an example in this short talk. Elektra’s mother and step-father murdered Elektra’s father. Elektra took this very hard, so she and her brother Orestes plotted revenge against her mother and step-father. Elektra’s father had been against things like this, but Elektra became so bitter she began to commit many crimes. So this short talk helps us decide between what is major and minor in our life. This helps to keep from overreacting over the small things in life. Another lesson comes from the short talk â€Å"On Reading. † This takes the reader back to their childhood. No, not everyone enjoys reading, but it is also great for you. In this short talk I got the imagery that this little girl was on a road trip with her parents, her father does not enjoy reading but she does. So while on the way to their destination, she reads Madame Bovary. While reading she takes a moment to look around at the sights passing through the window. This just gets the reader to truly think and assess the way they perceive the way they view reading. Having someone who enjoys reading, and someone who finds no pleasure in reading is what makes the world go round. Not everyone appreciates, or finds interest in the same things, but do not discourage anyone if you have no interest in it. If I were to write some short talks I could use an Anne Carson-like writing style, or writing that flows eloquently. I would try to help the reader to understand what is being said, but to also think about what is before them. I would include an introduction in my short talks to help guide the flow of the short talks. An example of my short talks would be: Every day starts the same way. Get up, get dressed, go to class. You see sleepy students stumbling to class, some even skip class. Never enough sleep. This is the life of a college student preparing for the future. You never know what life has in-store for you today, tomorrow, and all the days before you. Cheerleading When you see a cheerleader, you see a peppy smile. Energetic. This is an athlete in many many ways. Athlete’s in skirts! Tumbling, Stunting, Jumping,. Can you throw someone in the air? Never boring when were around. Love How do you explain love? Do you even know where it is or even how to find it? Is it a passion, a sport, a car, or a lover? Expression. Show it in your own way. Never give it up for anything. Adventure How does someone find adventure? One might sky dive, hike a nature trail, bungee jump. Not everyone is adventurous. Not everyone will find adventure in the same way. Riddle me this, when does your big adventure start? Anne Carson did a great job on â€Å"Short Talks. † I thoroughly enjoyed reading herâ€Å"Short Talks. †I also liked how I was challenged and pushed to think critically about â€Å"Short Talks. † That is what makes a great writer.

Saturday, November 9, 2019

Abc Model of Crisis Intervention

Although not everyone that comes across a stressor in life will experience a crisis, some are unable to cope with the stressor in a healthy manner and eventually succumb to a crisis. If this person does not receive the adequate crisis intervention during this state, he or she is likely to be unable to function at the level he or she had been functioning before the crisis. This will inevitably lead to additional crisis scenarios for every stressor they must face in life. This pattern can go on for many years until the person’s ego is completely drained of its capacity to deal with reality; often such people commit suicide, kill someone, or have a psychotic breakdown. † (Kanel, K. 2007). In order to be able to help the client to the best of the counselor’s abilities, the ABC Model of Crisis Intervention provides a useful guideline to learn about crisis intervention.In our textbook, Kanel states that â€Å"The three aspects of a crisis are (1) A precipitating event occurs; (2) the perception of this event leads to subjective distress; and (3) usual coping methods fail, leading the person experiencing the event to function psychologically, emotionally, or behaviorally at a lower level than before the precipitating event occurred. † In order to successfully help a client cope with a crisis, these three components must be recognized so that the counselor can help the client identify and overcome the crisis.The perception of the event is by far the most crucial to identify, as this is the one that can help the counselor select the best treatment for the client. In order to be a successful crisis intervention counselor, the most important skills needed are listening to the client with a compassionate and empathetic ear. According to our textbook, the most basic skill of helping is listening. â€Å"Good eye contact, attentive body language, expressive vocal style, and verbal following are valuable listening tools. † (Kanel, K. 2007).Thi s implies that by listening to your client and demonstrating genuine care, sympathy and interest, you can build a trusting rapport with your client and enable them to truly open up to you. If you are unable to build this rapport, you will go nowhere with a client that is either too embarrassed or not confident enough in your ability to help them. It is critical to identify the client’s perception of the event in order to help them. This is what will tell you what the problem at hand truly is. By doing so, the counselor can help the client identify the problem and overcome their issues.I like to use the Cognitive Tree as a metaphor rather than as a guideline of sorts. You need to get to the root of the problem in order to determine how to fix it. If your roots are healthy, your branches will blossom. But if your roots are damaged and aren’t dealt with in a constructive and healthy manner, your branches will wither and perish. I would identify the precipitating event by directly asking the client why they came to see me. After this initial question, I would follow with several open ended questions in order to allow the client to not only describe what the problem is, but also how they perceive the problem to be.Questions like â€Å"What does this mean to you? † or â€Å"†What emotions are going on inside you? † can allow them to express in detail their perception, without making any assumptions for them. As with any patient/client relationships, there are several ethical considerations that should be paid special attention, and if any are present, should be reported immediately. These include any suicidal or homicidal thoughts or intents made clear by the patient. If it is a possibility that they may endanger their life or someone else’s life, this must be reported. Any forms of abuse are also not to be allowed or tolerated, much less encouraged.This includes child abuse, elder abuse and even spousal abuse. Whether the ab use is happening to them, someone else in their household or they are the abuser themselves, this is not to be taken lightly and would need to reported and fully investigated to ensure the best interests of the client as well as their immediate family. Substance-abuse issues also need to be addressed and in that case, adequate treatment would include detox and/or rehab services. Finally any medical concerns that may have arisen are also of concern and should be dealt with immediately.For instance, if since the event the client has become a hoarder or compulsive sex addict, these issues must also be dealt with appropriately. There are many methods of coping treatments available to your clients in today’s day and age. Most traditional forms of coping treatments are those such as support groups or 12-step groups, individual or family therapy, legal aid, or even reading self-help books. Preventative techniques of coping help the client prepare for future stressors in their lives and thus help them to be more able to cope with these stressors in a normal and healthy manner.I would most likely recommend the client to meditate daily in order to remain calm. I would also tell them to envision any stressors that can ever possibly arise and to already plan how they would react to it. For instance, if a client is scared that their husband may need to have a surgery performed, I would tell them to decide how they would deal with it if it does happen. By doing so, they will already begin to face their demons and it will not appear as scary as it did.So when it does happen, it lost all of the unexpected surprise element and can be easier to deal with. The most important thing I must keep in mind as I try to help patients cope with their crisis is that they can be the best counselor to themselves by pretending a friend of theirs was going through a similar situation. What advice would they give their friend? Odds are that is the best advice anyone can give them, so th ey might as well listen to their own advice.References Kanel, Kristi (2007). A Guide to Crisis Intervention. Belmont, CA; Cengage Learning.

Thursday, November 7, 2019

Demand and Supply Analysis of Mobile Services in India Essays

Demand and Supply Analysis of Mobile Services in India Essays Demand and Supply Analysis of Mobile Services in India Paper Demand and Supply Analysis of Mobile Services in India Paper INTRODUCTION: India is going through a telecom revolution, especially in the wireless telephony segment. The adoption of mobile telephony remains unparalled in scope, as users from diverse segments increasingly choose to exercise the option of personal mobility. On an average the user base has been adding 4-5 million subscribers per month. The Mobile subscriber base is growing at a scorching pace in India and it is the â€Å"fastest growing mobile market in the world†. The Wireless subscribers have reached to 261. 07 million as on 31st March 2008. The penetration level of mobile services is still below 30% in India, hence there is a huge potential for growth in this segment. But the scenario is different in the other countries since their markets are already saturated. This is the reason why global telecom giants are looking towards us. In India, the major players in the market are Bharti-Airtel, Reliance Communications, Vodafone, BSNL, Idea Cellular Tata teleservices. Apart from them there are other small players like Aircel, Spice, BPL,MTNL, HFCL, Shyam Telelink to name a few. The market share currently enjoyed by the operators is represented in the below figures. Operator-wise Market Share of GSM Operator-wise Market Share of CDMA service providers as on 31st March 2008 service providers on 31st March 2008 The success of the market can be gauged from the fact that mobile user base has surpassed the PC user base in India and very soon the Indian market will have more mobile users than TV viewers. The growing intensity of competition has led to more services for the end user at lower prices. This has had an effect of stimulating demand and thus increasing the category adoption rate. As more users have been added to the subscriber base, it has led to a further downward pressure on operator costs. This has led to further cost benefits to the end user, fuelling further growth in the subscriber base. Demand Analysis: The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. Ideally a demand curve is a downward sloping curve as shown below. This applies directly to mobile services. Few years back the line, the cost of mobile services is high, hence the demand is very low. Once the price came down the demand for mobile services has increased substantially. The table below gives the number of mobile subscribers (Quantity) and the average price variation on yearly basis starting from 1997. Year Quantity(Q)Price(P) 19970. 346 19980. 885. 5 19991. 25 20001. 884. 5 20013. 584 20026. 433. 5 200312. 693 200433. 62. 5 200552. 212 200693. 041. 5 2007165. 111 2008261. 070. 8 Quantity : Subscriber base in Millions. Price : Cost per minute in Rupees. If we plot the above data taking quantity on X-axis and price on Y-axis, the demand curve can be plotted as shown below: Shift in Demand Curve: A shift in a demand or supply curve occurs when a goods quantity demanded or supplied changes even though price remains the same. For instance, if the price per minute Rs. 2 and the quantity of beer demanded increased from Q1 to Q2, then there would be a shift in the demand for mobile services. Shifts in the demand curve imply that the original demand relationship has changed, eaning that quantity demand is affected by a factor other than price. In an ideal situation the shift in the curve will be represented as shown above. The demand for mobile services is not only dependent on the price. There will be situations where the price remains constant but the demand goes up. The major factors affecting this shift in demand for mobile services are income level population of the country. The rising income level o f middle class society is driving the growth of the mobile services in India. Shift in Demand Curve years back mobile was a luxury but now mobile is a necessity. The demand shift for the mobile services at a constant price is shown as above as per the available data. Supply: Supply is a relation between the various prices of a good and the quantity supplied by sellers of it per time period. As far as mobile services in India are concerned, determining the supply is not practically possible. The competition among the mobile service operators is resulting in lower tariffs rather than other factors. Currently Indian telecom companies offers the lowest mobile call charges in the world. Since the mobile operators are having enough bandwith available with them to cope with the increase in demand in the coming years, the shortage of the supply has not arised as such. Only exception in this case is BSNL –Cellone, where the increase in capacity has been delayed due to improper government decisions. Elasticity: The degree to which a demand or supply curve reacts to a change in price is the curves elasticity. To ascertain whether the mobile services in India are relatively elastic or inelastic lets see the see the following example. A couple of months back, Airtel (India’s largest mobile operator) has slashed the long distance call charges from Rs. 2. 65 to 1. 50. Since the prices were slashed by 40%, the people started talking more on their mobile phones, this resulted in a very huge surge in mobile traffic throughout India. As per the statistics, the peak hour traffic increased to a whooping 80%. Since a small change in price is resulting in a huge change in the quantity demanded, we can say that mobile services in India have a relatively elastic demand. Price in Rs. Quantity in Mill minutes 2. 65100 . 5180 Relatively Elastic demand for mobile services. Effect of Tax on mobile services: Mobile services are subject to indirect taxation imposed by the government. Here we consider the effects of indirect taxes on a producers costs and the importance of price elasticity of demand in determining the effects of a tax on market price and quantity. As mobile services in India are relatively elastic, the service providers have to absorb the tax imposed on them. The demand curve is drawn as price elastic. The mobile service provider must absorb the majority of the tax himself. When demand is elastic, the effect of a tax is still to raise the price – but we see a bigger fall in equilibrium quantity. Output has fallen from Q1 to Q2 due to a contraction in demand. Comparison of Mobile services in India and US: In United States, the mobile service market is relatively inelastic. Since the markets are already saturated, for any price change there is little scope for any drastic changes in the demand for mobile services. (a) In United States (b) In India Joint Demand: Joint demand says if the quantity demanded for one product increases the demand for another product also increases. The Concept of joint demand is applicable to mobile service industry and the mobile handset manufacturing industry. In the financial year 2006-07, there were 72. 04 million new customer additions, this led to total sales of 66 million handsets. The same is the case in the next financial year 2007-08, where a 33% increase in subscriber base has led to a 28% increase in the mobile handset business. YearHandsets sold*No. f new users* 2006-076672. 04 2007-088595. 96 * The figures in the above table are in millions. From the above graph it is evident that direction of both the lines representing the demand for mobile phones and the demand for mobile services is same. Substitutes: The major substitute available for mobile service is the fixed line service. State owned BSNL is the market leader in this segment and the other players include MTNL, Airtel, Tata teleservices, etc. Wireline services subscriber base stood at 39. 42 million as on march 2008. This is just 15% of the total mobile services subscriber base. Another interesting fact is that the wire line subscriber base has decreased from 40. 75 in 2007 to 39. 42 in 2008. where as in the same time period, the mobile services has added 95. 96 million subscribers. 2007 2008 (Year) Revenue: Finally lets see how the revenue is varying in the telecom sector. Revenue is calculated as the price of the product/service multiplied by the quantity demanded. Lets take the overall performance of the Indian telecom sector for the financial year 2007-08 on quarterly basis. The Total revenue of the Telecom Services Sector for the I st Quarter (April –June 2007) of 2007-08 was Rs. 28,972 Crore, for the IInd Quarter (July –September 2007) of 2007-08 was Rs. 31,286 Crore and for the IIIrd quarter (October-December 2007) of 2007-08 was Rs. 33,055 Crores thereby showing a growth of 5. 66%. The total revenue for IVth Quarter (January -March2008) of 2007-08 was Rs. 35,770 Crores thereby showing a growth of 8. 21%. We can observe that the revenue is increasing quarter by quarter. This is in tune with the demand for the mobile services.

Tuesday, November 5, 2019

Tips for Writing an Introduction - Proofeds Writing Tips

Tips for Writing an Introduction - Proofeds Writing Tips Tips for Writing an Introduction Whether you’re writing a short paper or an 80,000 word dissertation, your opening chapter should be clear, well-structured and informative. This is because the introduction is the first thing your reader will see in your paper. It therefore serves as an entrance point to your work, laying out a map for what follows. It is also where you can make a good first impression by demonstrating your communication and analytical skills. A good paper therefore needs a good introduction. And to make sure your essays start as well as possible, it is worth considering three things in particular: content, structure and style. Introduction Content There are certain things that every introduction should include, so consider whether your introduction does the following: Define Your Terms Often the most important thing you can do is outline your subject area and define how you are using key terms; try to use a definition from an expert rather than a dictionary definition. Briefly Explain the Background of Your Research Detailed information can be saved for a literature review, but it can help to identify important existing research in the field and to explain how your work will build on this. State Your Objectives and what Your Work Adds to the Debate Explain specifically what you are arguing and how this contributes to existing knowledge. Outline the Structure of your Paper Provide an overview of what each section in your paper will cover and how they relate to your overall argument. This will make your work much easier to follow. Structure It is particularly important that the introduction to your paper is easy to follow, as a disorganized opening will create a negative first impression and there is sometimes a lot of information you need to convey in a short space (ideally, no more than 10% of the paper). As such, it is vital that each paragraph in your introduction flows smoothly into the next, with clarity and concision priorities. A good introduction will often be structured like a mini-paper in itself, with a beginning, middle and end in which you introduce your topic, explain the key concepts and conclude with a hypothesis. Style As mentioned above, clarity and concision are vital when writing an introduction. But there are a few additional things to keep in mind too: Grab the Reader’s Attention A good opening paragraph can make a big difference, so try using an interesting anecdote, example or provocative question to introduce your topic. Avoid Being Too General Though â€Å"Since the beginning of time†¦Ã¢â‚¬  might sound like a good starting point, you’re usually better off being a little more specific. Make Your Work a Pleasure to Read A good introduction will make your reader want to read on, so you should aim to make your writing clear, but still try to write with confidence and flair. Another tip is to write a rough introduction to begin with then revisit it once you have finished your research, by which point you should have good idea of what your paper is about! If you need further advice on how to write and structure an introduction, the professionals at Proofed are here to help.

Sunday, November 3, 2019

Nuclear Weapons Coursework Example | Topics and Well Written Essays - 2250 words

Nuclear Weapons - Coursework Example Currently, such as weapon would have a larger toll in modern city such as New York and Paris. In addition, a ground level explosion would lead to immense death s due to the intensity of local fallout that would lead to deaths within an hour or even two weeks as a result of radiation. However, such a phenomena was absent in the Japanese cities. After the 1945 incidents, there was an international outcry which resulted in the formation of international bodies such as the UN in order to regulate the building of nuclear weapons. However, this effort has failed miserably. It is of great importance to note that the two bombs that were initially used have been expanded (Kapur 2007). For instance, current bombs have a common nuclear yield of 150,000-500,000 tones. This would have a major devastating impact on the world if used in time of war. Nuclear proliferation entails the spread of nuclear weapons to countries that were not recognized as Nuclear Weapon States. Initially, nuclear weapons developed as a contest of superiority between the superpowers. Each powerful country required weapons that would infringe more losses to the enemy than the others that were in existence. This exerted the pressure on the countries to come up with weapons that would cause mass destruction. This was mainly during the Second World War when the two warring sides tried to look for weapons that would have a large number of casualties. The initial weapons that were in existence were tested during this war. However, they were not effective, an aspect that forced the US to come up with nuclear weapons especially because the war would provide the platform to test these weapons. Constant threats by the Soviet Union forced the US government to increase its budget towards military research. This is to ensure that the military was well equipped to face the enemies. After the World War