Thursday, December 26, 2019
Economic And Political Risks Of Algeria - 1577 Words
Algeria is a CRT-5 country with high levels of economic and political risk and very high financial system risk. In terms of economics high oil revenue declined over 45% in first quarter of 2015. This then led to state spending cuts and delay of surplus of state funded projects contributing to the limit of revenue shortfall. The unemployment rate is also high at 10% contributing to the instability of the economic financials. Politically the risks are high due to large scale labor strikes, due to inadequate housing, high unemployment rates. Budget cuts will continue to contribute to this issue. The local boarders are shared with Mali, Tunisia, and Libya therefore terrorism is a problematic concern. They are unable to secure the desert boarders specifically with Al-Qaeda being less than 75 miles from Algiers. Financially the insurance industry is Algeria is regulated by Direction des Assurances under the treasury of the Ministry of Finance. The IMF concluded in Algeriaââ¬â¢s June 2014 Financial System Stability Assessment that there were no pressing financial stability concerns given the countryââ¬â¢s small size, significant state ownership and its limited integration into international financial markets. State-owned companies continue to dominate the financial sector, both banking and insurance. Progress towards privatization has been stalled in light of global financial conditions, muted investor appetite and regional unrest. The business operating environment remains challengingShow MoreRelatedAlgeria s Institutional Framework And The Country s Challenging Business Environment2422 Words à |à 10 PagesIntroduction With 39.21 million inhabitants and a Gross Domestic Product of $210.2 billion in 2013, Algeria is the 8th most populous country and has the 4th largest economy within the African Continent. Classified by the World Bank as an upper middle income country, Algeriaââ¬â¢s economy is primarily dominated by state-entities although the country began opening up the economy to both foreign and private domestic participation in the mid-1990s.After posting low growth during the civil wars in the 1990sRead MoreThe Economic And Political Organization2118 Words à |à 9 PagesINTRODUCTION UMA means the economic and political organization, founded on 17 February 1989 by the five Maghreb countries, namely Algeria, Libya, Morocco, Mauritania and Tunisia. This region is experiencing a great shortage of water. In parallel, there are many problems such as poor access to water leaks in water supply, waste and mismanagement networks. This sentence from the report of the World Bank in 2011 illustrates the need to take action at the risk of seeing the situation worse. Read MoreEssay on De Gaulle and the Achievement of Independence in Algeria1222 Words à |à 5 PagesDe Gaulle and the Achievement of Independence in Algeria Algeria underwent a long struggle to gain independence from France. Its people had seemed to be happy with the colonisation of its country until France was occupied by Germany in the Second World War. This defeat along with others in Vietnam and other colonies proved to the Algerians that France was not the superpower they had once believed it was, and nationalist feelings began to grow. As the nationalist movementRead MoreThe Great Wall Of Europe : Land Of The Privileged Few1016 Words à |à 5 Pagesleft behind. This leaves the countries in a crippling cycle of under-development, while all Europe does it gain young skilled workers. The countries then at the forefront of the migrant crisis are Algeria, Morocco, Tunisia and Libya. All are relatively poor and deal with significant social and political unrest, especially after the Arab Spring. But it is on their shoulders that falls the responsibility of handling the streams of migrants from Sub-Sahara and South Asia, to provide them food, shelterRead MoreStarbucks Is The Largest Coffee House Company3459 Words à |à 14 Pagesselling in a host country involves high capital investments as compared to investments involved in a simple sales set-up. Sharing such large investments and high risks with a local partner then becomes a logical course of action leading to joint ventures and cooperative arrangements. Starbucksââ¬â¢s Main Motives for Expanding into Algeria After considering all three motives for internationalization, it is our view that Starbucks has chosen to enter the Algerian Market mainly for market seeking andRead MoreThe Process of Decolonization in Africa 1042 Words à |à 5 PagesGandhi protested in India. African leaders have tried very hard to lessen the influence of Western powers and the broader international community but theyââ¬â¢ve never been completely successful because they continuously needed support in state building, economic development, and public health initiatives. At the end of WWII is when decolonization was brought up as a serious topic of discussion. Over 200,000 Africans had fought in Europe and Asia for the Alliesââ¬â¢ freedom and democracy which showed quite theRead MoreArab Spring : The Middle East And North Africa Essay1191 Words à |à 5 Pagesreserves and those that do, have seen profits dwindle with the decline in oil prices over the last few years. This paper will discuss the risks that multi-national companies face while doing business in this section of the world. Political, Economic, Financial, and Cultural Risks of MENA Any company choosing to do business in a foreign land must understand the risk and reward payoff. While the same should be done for domestic firms, due diligence may be more difficult for multinational corporationRead MoreThe Effect Of Political Ambiguity On Economic Development1244 Words à |à 5 PagesThe effect of political ambiguity on economic development: The case of MENA Contents 1. INTRODUCTION 4 2. TECHNOLOGY AND DEVELOPMENT STRATEGY 6 2.1 High technology strategy 11 2.2 Medium technology strategy 11 2.3 Low technology strategy 12 3. Agglomeration and Cluster Effect 13 4. Risk, Uncertainty and Ambiguity 16 4.1. Decision under Risk 18 4.2. Decision under Ambiguity 21 4.3. Political ambiguity in Middle East and North Africa 23 5. DEVELOPMENT UNDER POLITICAL AMBIGUITY INRead MoreThe Importance Of Country Information On Northern Africa1506 Words à |à 7 PagesCountry Information: Northern Africa: Algeria- The citizens are living in poverty, but the nation is wealthy due to their mass amounts of oil. Their economy level is upper middle income rate. Within the country there is about 18,000 people living with HIV or AIDS. Algeria is willing to direct money towards healthcare, but it is riddled with poor infrastructure. Its citizens generally favor Western Medicine. Unfortunately the country faces overpopulation, and is overcrowded in some cities. Egypt-Read MoreOil Curse : The Political And Economic Growth1007 Words à |à 5 Pageshindered both the political and economic growth in the MENA region. Although it has hindered it, I donââ¬â¢t mean in the negative side were money isnââ¬â¢t flowing into these countries, I mean that the countries are not in the best health. With having oil, and being able to sell it at huge profits come at big loses for the citizens for these various countries. Even though countries like Qatar, and Saudi Arabia are quite rich, the amount of political corruption happening in these countries. Political corruptions
Tuesday, December 17, 2019
Vaccinations Are Necessary For Our Youth - 1305 Words
In recent news there have been concerns over the controversy of whether or not vaccinations are necessary for our youth. There have been many incidences where certain individualsââ¬â¢ immune systems put them at risk of becoming more ill and this keeps them from receiving their scheduled immunizations. The benefits that these shots provide outweigh the risks for most of the countryââ¬â¢s youth. In order to maintain the safety of the public and protect the health of children, the scheduled vaccinations should be maintained by all families throughout our country. This is the only way to lessen the effects of disease and keep our young protected. Since the 1920ââ¬â¢s vaccinations have developed rapidly and have saved the lives of many citizenââ¬â¢s in theâ⬠¦show more contentâ⬠¦Developing and distributing these dosages across the country will only reduce the effects of disease even more than they already are. Vaccines work by allowing the body to develop immunity to an y illness without actually having the illness itself. To develop immunity, children are injected with a weak form of the germ that is infecting others, which causes the body to use antibodies to fight back against the germ and creating a stronger immune system. Before distributing any type of vaccinations, a safety license must be acquired from the Food and Drug Administration also known as the FDA. The FDA requires testing to make sure the drug is safe and efficient enough to be used by people of our country. This process takes about ten years before any one is able to use a new drug. Even if the drug was FDA approved, the FDA will take immediate action by taking away the approved license and halting the distribution of the drug that was causing medical side effects. According to the American Academy of Pediatrics, there is a recommended vaccination schedule that commences when the child is an infant until the age of eighteen. The vaccinations begin with the Hepatitis B shot as ear ly as one month of infancy. By the age of two, children are given about ââ¬Å"28 immunizations [that fight] against 14 diseasesâ⬠(Offit). As the years go by, more vaccines are discovered and the immunization schedule gets updated so that all children are up to date with their vaccinations and
Monday, December 9, 2019
Pwc Open Question free essay sample
Please give a brief summary of your current recreational and leisure activities, including sports and holidays. I am a enegetic boy. I like sports, and Iââ¬â¢m really a big sports fan, especially football and basketball, and I play them with my friends regularly, I think it is beneficial not only for my health, but also the relationship between the friends. Reading is my second favorite, magazines, novels, newspapers , whatever, I am curious about everything, so I usually spent a whole day in the library during the weekend to dig out the answer.And I usually watch a movie or American TV series, and share my feelings with my friends. 2. What clubs and societies are you a member of and in what capacity? I once a chairperson of the studentsââ¬â¢ union during my undergraduate years, and organized a lot of activities, such as the sports meeting, the debating contest, evening party and so on, during my graduate years, I am also a member of the drama society, I once have been a leading actress in the english drama ââ¬Å"gone with the windâ⬠. More than 50 news and other articles written by myself published in newspaper.I join the graduate communist youth league as the head of the department of the social practice. thinking some new activities and put it into practice is my job, fortunately, through communicating with the students,we know their needs,and I thought out the ideas and with others members, we have organized the contest of innovative classes, including preliminary and final, the contest of ââ¬Å"who can convince the ceoââ¬â¢, a management problem solution contest, including prelinary,pk and final. Our activities have won the appreciation of the teachers and the students. 3.What factors have influenced your career choice? I think if I want to make contributions to my company, it needs a match between me and the job itself. For me, interest is very important, because that will give me the passion and inspire my innovation to complete my job, for the job, I will lay more emphasis on its development prospect, I want to grow with the development of the company. 4. Please describe your objective and what you have done to date to achieve it. I choose accounting as my career way. Because I like to research and help people solving their problems.This decision just made up in last semester. I havenââ¬â¢t prepared much for it but everything I have done I treated it seriously. As my major is management, I choose some lessons that related to investment to learn. Meanwhile I read some books about investment principle and business comments on newspapers. I choose auditing as my career way. Besides,auditing will provide me an opportunity to know many different companies and industries. I am an active and easy-going girl. I would like to cooperate with people from various backgrounds. This decision is made up in last year. As my major is Business Management, I choose some lessons such as accounting, auditing and finance to learn. Meanwhile I learned three CPA courses by my self and attended the examination in Sep, 2006. The CPA certification is one of my target in the coming year. Career object My name is John. I am going to talk about my career objectives. I want to be an excellent engineer in the area of communication when I first enter in the college, even back to high school I have already dreamed of being an engineer in the worldââ¬â¢s leading companies or operators, such as Erricson, Nokia or China mobile.The main reason was that mobile phone was becoming popular those days and the mobile phone was a miracle to me. I wanted to know how such miracle happens. How did it work? Why we can talk to each other without any real connections. With such questions, I chose BUPT. I wanted to be an engineer in the communication area. I wanted to know the answers to such questions. Nowadays, I have leaned a lot in the college. I have already known how the mobile phone works. Of course, there still exist lots of details and new challenges that I do not know in this area. But basically, the mobile communication is no longer a miracle to me.Correspondingly, I have changed my opinion, changed my objective. I want to be a teacher, not the professors in universities, but an ordinary teacher in the elementary school. As it is known to all, certain remote and isolated area in china, people are still leading extraordinarily poor life. Lots of people with high education degree do not like to stay in these areas. They all want to come to the well-developed area, such as Beijing, Shaihai. Consequently, it is very short of teachers in such area, especially for those elementary schools. I think the children are innocent.They deserve the equal education opportunities. I want to bring hopes to these children. Another reason why I want to be such teachers is that I want to know the answers to the following questions: why they are so poor, due to the natural environment or the human subjective consciousness? Does education can bring any positive effect in changing such phenomenon? I want to find the answers by myself. About the objective in the coming 5-10 years, it is decided by the answers to the above questions that I am going to find. After I know the answers, I will try to find if I can do any help. If I can be any of use for those areas those children and I am qualified, I will continue to stay there and spend my lifetime to make my contributions. Else, I may come back to rejoin the communication industry, to pick up the goal that has been left. The objective I want to achieve when I first enter in this school, the engineer. I will try to reduce the cost of the communication service. Not to make more money. I want more and more people can enjoy the convenience brought by the rapid development of the technologies, especially for those poor.I also believe that people deserve the equal opportunity in enjoying the convenience brought by high techniques. Those career objectives may even can not form a clear develop path and it is also quite challenge. But, life itself is a miracle. No matter what you choose, no matter what you are going to pursue. Challenges are always there, isnââ¬â¢t? All we have to do is crossing the bridge when we come to it. Days are numbered, letââ¬â¢s fight for tomorrow. Thank you all. 5. Describe your greatest success or a situation where you exceeded your own expectation?To be honest, I failed in the college entrance examnation seven years ago, that is beyond everyoneââ¬â¢s expectation, because I am very good at studing at school, that really shocks me a lot. But I remembered my teacherââ¬â¢s words ââ¬Å" that is ok, although you failed in the starting line, but I hope you can win in the final lineâ⬠so I set a lot of goals the moment I go to college and make them come true gradually, and the greatest success I have gained by now is I have ranked NO. 1 among the whole management department of the zhejiang univertsity in the graduate admisiion examnation.
Monday, December 2, 2019
Kilauea Hawaii Essays - Hawaii Volcanoes National Park, Volcanology
Kilauea Hawaii Kilauea Hawaii consists of a string of islands, or an archapelago. Kilauea is located on one of these islands, the central Hawaii island. Kilauea is one of the world's most active volcanic craters. Craters are formed either by the massive collapse of material during volcanic activity, by unusually violent explosions, or later by erosion during dormancy (Comptons). It is situated on the southeastern slope of the great volcanic mountain Mauna Loa. Its elevation is 1111 m (3646 ft.) above sea level. The crater has an area of about 10 sq. km., which forms a great cavity in the side of the mountain. Volcanic activity recently has been restricted to an inner crater called Halemaumau. Halemaumau measures more than 900 m (about 3000 ft.) across and has a depth of about 400 m (about 1300 ft.). Kilauea has erupted at least once a year since 1952. The volcano spews an average of 525,000 cubic yards of lava a day and by 1995 had added about 500 acres of new land to the island (Encarta ?98). By June 1989, it had destroyed the visitors center at the national park, a stretch of Kalapana Highway, and more than 65 houses by 1990. Kilauea is located on a hot spot under the island, and the magma is thought to come from a depth of at least 50 km. below the surface. A hot spot is an area of volcanic activity near the center of two lithospeheric plates. Normally, lava streams constantly into the floor of the crater from subterranean sources which either cools and hardens, or accumulates until it drains off into other subterranean passages. When greater volcanic activity occurs, the lava is subjected to sudden changes of level, where it may escape from vents on the lower slope toward the sea. Kilauea is classified as a shield volcano. Shield volcanoes have a low, broad profile created by highly fluid basalt flows that spread over wide areas. The fluid basalt usually only builds a cone around seven degrees steep. Over thousands of years though, these cones can reach massive size, which is shown in the Hawaiian Island volcanoes. The Hawaiian Islands are composed of shield volcanoes, that have been built up from the sea floor. If measured from sea floor level, some of the Hawaiian volcanoes are the worlds largest mountains in terms of both height and volume (Comptons). In the 20th century, major flows occurred in 1920 and 1921, 1950, 1955, 1959, 1965, and 1969. The current eruption cycle, the longest-running in modern Hawaiian history, began on January 3, 1983 (Encarta).
Wednesday, November 27, 2019
Free Essays on The Magic Of The Theater
Art as music, plays, or poetry, is a language, not as syntax or structure, but it can be communitive at a visceral level. Art may be defined in many ways. For instance, ââ¬Å"Art is the creation of beautiful or thought-provoking works, in painting, music, or writing. Art is beautiful or thought-provoking works produced through creative activity. Art is a branch or category of art, especially one of the visual arts. Art is the skill and technique involved in producing visual representations. Art is the study of a branch of the visual arts.â⬠[4] The theatre is a paradigm way of viewing the world. Oneââ¬â¢s world incorporates onesââ¬â¢ psyche and spirit. The theatre is an ever-changing process, it an end- product. Theatre is art, which is a reflection of pleasure- it can be communicated at an instinctive level. One can feel its emotional pull, and thereby, have a true understanding of the oneââ¬â¢s conflict or vulnerability. The aesthetic distance of the theater allows the audience to be consumed with the action. It allows the audience to be a part of the foretelling story, as though they are a character in the play. Aesthetic distance allows the audience to feel the appreciation of the collaboration of the artist. It deals with the visual aspects as well as the psychological experience. Phenomenologically, theatre is an experienced event. It allows a person, the most basic, and fundamental agent, an understanding of an experience. Influences to aesthetic distance are the types of genre of the play. For instance, a comedy maintains distance, thereby, allowing the audience to engage an objective involvement, which is a direct, presentational acting style. On the other hand, tragedies reduce the distance from the audience, thereby, maintaining a subjective perspective, an engagement of the heart, which is a indirect, representational acting style. Theatre represents a certain way of performing something or stylization. In ... Free Essays on The Magic Of The Theater Free Essays on The Magic Of The Theater Art as music, plays, or poetry, is a language, not as syntax or structure, but it can be communitive at a visceral level. Art may be defined in many ways. For instance, ââ¬Å"Art is the creation of beautiful or thought-provoking works, in painting, music, or writing. Art is beautiful or thought-provoking works produced through creative activity. Art is a branch or category of art, especially one of the visual arts. Art is the skill and technique involved in producing visual representations. Art is the study of a branch of the visual arts.â⬠[4] The theatre is a paradigm way of viewing the world. Oneââ¬â¢s world incorporates onesââ¬â¢ psyche and spirit. The theatre is an ever-changing process, it an end- product. Theatre is art, which is a reflection of pleasure- it can be communicated at an instinctive level. One can feel its emotional pull, and thereby, have a true understanding of the oneââ¬â¢s conflict or vulnerability. The aesthetic distance of the theater allows the audience to be consumed with the action. It allows the audience to be a part of the foretelling story, as though they are a character in the play. Aesthetic distance allows the audience to feel the appreciation of the collaboration of the artist. It deals with the visual aspects as well as the psychological experience. Phenomenologically, theatre is an experienced event. It allows a person, the most basic, and fundamental agent, an understanding of an experience. Influences to aesthetic distance are the types of genre of the play. For instance, a comedy maintains distance, thereby, allowing the audience to engage an objective involvement, which is a direct, presentational acting style. On the other hand, tragedies reduce the distance from the audience, thereby, maintaining a subjective perspective, an engagement of the heart, which is a indirect, representational acting style. Theatre represents a certain way of performing something or stylization. In ...
Saturday, November 23, 2019
Native American Two-Spirit
Native American Two-Spirit In many Native American communities, the term Two Spirit- sometimes twospirited, depending on the source- is used to refer to indigenous members who fall outside of traditional gender roles. This term is not a substitute for homosexuality; instead, it applies to people who are considered to be a third gender, and typically hold a sacred ceremonial role within their culture. Two Spirit Key Takeaways Two Spirits are Native American or First Nations individuals who identify with both male and female genders.There is some question about the historical context of Two Spirits, because there are hundreds of Native tribes, all of which have their own unique cultural traditions.It is inappropriate for a non-Native individual to use the term Two Spirit to describe themselves. Origins and Definition of the Term Prior to the 1990s, Native people who identified as a third gender were known by the pejorative anthropological termà berdache, which is a non-Native word typically associated with male prostitutes. However, at a Winnipeg conference for gay and lesbian Native Americans in 1990, the term Two Spirit was coined to refer to Natives who define themselves as having both masculine and feminine spirits. Since that time, according to John Leland of theà New York Times, Two-Spirit societies have formed in Montana as well as in Denver, Minnesota, New York State, San Francisco, Seattle, Toronto, Tulsa, and elsewhere, organized around what members assert was once an honored status within nearly every tribe on the continent. Male-bodied Two Spirit people are found in many Native American and First Nations communities. In the past, they fulfilled traditionally male roles, such as fighting in wars and going to historically male activities like sweat lodge ceremonies. However, at the same time, they took on traditionally female tasks as well- cooking, washing, and childcare, for example- and often wore female dress. Author Gabriel Estrada says in Two Spirits,à Ndleeh, and LGBTQ2 Navajo Gaze that while not all indigenous nations have rigid gender roles, among tribes that do, the range includes feminine woman, masculine man, feminine man, and masculine woman. In many Native nations, the Two Spirit person found a role in their community as a shaman, visionary, keeper of oral traditions, matchmaker or marriage counselor, mediator in time of disputes, and caretaker of the vulnerable, such as children, the elderly, or injured warriors. They were often seen as sacred beings, whose dual genders were a gift from the Great Spirit. Historical Accounts We Wha (1849-1896), a Zuni, full length portrait. Photographerà John K. Hillersà /à Smithsonian Institution. Bureau of American Ethnologyà / Public Domain via Wikimedia Commons During the colonization of North America, indigenous groups were still maintaining their traditions orally; there was no written history among the tribes. However, there was a fair amount of documentation among European invaders, many of whom kept journals of their travels. In California, Don Pedro Fages led a Spanish expedition into the territory during the late eighteenth century. He wrote in his diary of homosexual practices among the indigenous populations he encountered, describing Indian men who, both here and farther inland, are observed in the dress, clothing, and character of women- there being two or three such in each village. In 1722, a French explorer, Claude-Charles Le Roy, also called Bacqueville de La Potherie, described that among the Iroquois, there was an awareness of a third gender in other tribal groups. He said, Perhaps these male Iroquois are so horrified by [doing] womenââ¬â¢s work because they have seen among the nations of the south some men who act like women, and give up menââ¬â¢s clothing for those of women. You see this very rarely among the Iroquois and they condemn this way of life by the light of Reason. It is likely that the group he referred to was the Cherokee Nation. A fur trader named Edwin T. Denig spent two decades with the Crow Nation in the early 1800s, and wrote that men who dressed as women and specialized in womens work were accepted and sometimes honored... Most civilized communities recognize but two genders, the masculine and feminine. But strange to say, these people have a neuter. Denig also wrote of a woman who led men into battle and had four wives. It is likely he was referring to a warrior known as Woman Chief. She was adopted by the Crow at age ten, and by all accounts was a tomboy, and only interested in male pursuits. Her adoptive father, whose sons had all been killed, encouraged her, and when he died, she took over his lodge and led men into battle against the Blackfoot. Details of Woman Chiefs exploits were chronicled by traders and other contemporaries, and it was generally acknowledged that she was a Two Spirit. Although the term Two Spirit itself is relatively new, the concept is not. There are numerous tribal-specific names, traditions, and roles among the different Native nations. The Lakota winkte were viewed as people who were neither male nor female, and whose androgyny was an inborn character trait, or the result of a sacred vision. They often occupied a distinct spiritual role in the community, fulfilling ceremonial duties that could not be performed by individuals who were male or only female. The winkte took on roles as seers, medicine people, healers. During times of battle, the visions of a winkte could guide warriors into their fight, and help determine steps taken by war chiefs. Among the Cheyenne, the HÃâÃâ mÃÆ'n Ãâ¢h held a similar position. They accompanied warriors into battle and treated wounds after the fighting had ended, and cured the sick during times of peace. Wewha was a Zuni two-spirited person, or lhamana, who lived in the nineteenth century. She performed historically masculine spiritual and judicial roles, such as guiding religious ceremonies and serving as a mediator in disputes. However, she also spent time on traditionally feminine activities- sewing dresses, making pottery, weaving baskets, and other domestic pursuits. Controversy Over Scholarship There is some controversy in the Native community about Two Spirits- not about their existence, but about the modern notion that Native peoples historically described LGBTQ folks as two-spirited and celebrated them as healers and shamans. Mary Annette Pember, who is a journalist and member of the Ojibwe Nation, says that while Two Spirit is some empowering terminology, it also comes with some questionable scholarship. Pember points out that Native culture is based upon oral tradition, and much of what has been decided by anthropologists is based upon the writings of European conquerers, painting all Native tribes with the same brush. She says: [This] conveniently overlook[s] distinct cultural and language differences that Native peoples hold crucial to their identity... Years of colonization and appropriation by European invaders, as well as the well-intentioned religious hegemony that demonized our spirituality and way of life... has made Indian Country much like the rest of rural America in terms of enlightened treatment of LGBTQ folks. In fact, some tribesà have created lawsà specifically banning same-sex marriage. Gender-variant individuals have a hard way to go, in and out of Indian Country. Although not all indigenous tribes viewed Two Spirit people the same way, overall it does appear that they were accepted as a perfectly routine part of the community. In general, each individual was judged for their contributions to the tribe, rather than for conformity to rigid gender roles. Two Spirits Today Jean Decay attends the Two-Spirit Pride Party at the Inaugural Indigenous Peoples Day Celebration. Chelsea Guglielmino / Getty Images Todays Two Spirit community is actively taking both new and traditional spiritual roles in their various nations. Tony Enos, ofà Indian Country Today,à points out that Claiming the role of Two Spirit is to take up the spiritual responsibility that the role traditionally had. Walking the red road, being for the people and our children/youth, and being a guiding force in a good way with a good mind are just some of those responsibilities. He adds that service to the elders and youth of the community is an important part of maintaining the old cultural traditions. Modern Two Spirits publicly embrace the mixture of masculine and feminine within them, and there are Two Spirit societies all over North America. Gatherings, including powwows which are open to the public, are held regularly as a way of not only building community, but also of educating non-Natives about the world of the Two Spirit. Todays Two Spirits are taking on the ceremonial roles of those who came before them, working to facilitate spiritual events in their communities. They also work as activists and healers, and have been instrumental in bringing GLBT health issues to the forefront among the hundreds of Native tribes. By bridging the gap between gender roles and indigenous spirituality, todays Two Spirits are continuing the sacred work of their ancestors. Sources Estrada, Gabriel. ââ¬Å"Two Spirits, Ndleeh, and LGBTQ2 Navajo Gaze.â⬠à American Indian Culture and Research Journal, vol. 35, no. 4, 2011, pp. 167ââ¬â190., doi:10.17953/aicr.35.4.x500172017344j30.Leland, John. ââ¬Å"A Spirit of Belonging, Inside and Out.â⬠à The New York Times, The New York Times, 8 Oct. 2006, www.nytimes.com/2006/10/08/fashion/08SPIRIT.html?_r0.Medicine, Beatrice. ââ¬Å"Directions in Gender Research in American Indian Societies: Two Spirits and Other Categories.â⬠à Online Readings in Psychology and Culture, vol. 3, no. 1, 2002, doi:10.9707/2307-0919.1024.Pember, Mary Annette. ââ¬Å"Two Spirit Tradition Far From Ubiquitous Among Tribes.â⬠à Rewire.News, Rewire.News, 13 Oct. 2016, rewire.news/article/2016/10/13/two-spirit-tradition-far-ubiquitous-among-tribes/.Smithers, Gregory D. ââ¬Å"Cherokee ââ¬ËTwo Spiritsââ¬â¢: Gender, Ritual, and Spirituality in the Native South.â⬠à Early American Studies: An Interdisciplinary Jo urnal, vol. 12, no. 3, 2014, pp. 626ââ¬â651., doi:10.1353/eam.2014.0023.
Thursday, November 21, 2019
European union law free movemenet of goods Case Study
European union law free movemenet of goods - Case Study Example c) Denmark has passed a law banning the use of plastic packaging and requiring the use of recyclable materials instead, such as paper or aluminium foil. SCP's Cheesy Snax have always been sold in plastic packs, and no other material is as effective in keeping them fresh. d) Ireland has passed a law requiring all food products to be guaranteed free from genetically modified (GM) produce. SCP goes to great lengths to ensure that it does not knowingly use GM products, but it knows that it cannot be absolutely sure that the ingredients it buys are totally free from contamination. 2. The case of Keck drew a distinction between rules relating to the goods themselves and rules relating to selling arrangements. Do you consider that this distinction is a useful or practical way of determining which rules are contrary to Article 28, EC Treaty 1. The questions and issues pertaining hereto relate to obstacles to internal trade in the European Community. As counsel I would approach each case by looking firstly into the municipal legislation and the existence of harmonisation and attempt the procedural removal of the related obstacles from that direction. Where no such harmonisation was made, the approach will be taken from the concept of mutual recognition under Article 30 of the Treaty of Rome. The obstacles herein are obviously not fiscal, so analysis of their natures will also be made whether the bases fall under the mandatory requirements1 or justified exceptional grounds (to Article 30) for prohibitions or restrictions or whether they do constitute arbitrary discrimination or disguised restriction on trade between Member States.2 Only when the proper evaluation of the factual and legal issues is made can the proper remedies be considered and taken in the proper fora. 1.a. France. In this particular case, the subject matter relates to food which is already subject to harmonisation and the French ban is made on the basis of a preservative SO2. Any relief can only be made pursuant to EU regulations on the matter of food safety, in this case Regulation (EC) No. 178/2002 which has a horizontal effect. Determination must be made whether the ban on SO2 containing foodstuffs was made based on risk analysis under Article 6 of the said regulation or as a precautionary measure pursuant to Article 7 thereof. The problem only stated that said ban was made after the publication of one scientific study suggesting carcinogenic tendencies in food products containing the said preservative despite the existence of contrary findings of many other scientific studies. In other words, the scientific study was not a risk assessment within the context of Regulation No. 178/2002. Furthermore, it was not a risk management measure and could not have taken into account the opinion of the European Food Safety Authority or the factors of proportionality and non-restrictiveness of trade under Article 7 of the said regulation. On such ground, I would advice SCP to pursue an initial claim in the French government for the suspension of the ban and the conduct of a proper and independent risk assessment based on all available scientific evidence on the matter. If denied, the proper claim may be made in the French Court of First Instance for the relief of the ban and an appeal in the Supreme Court if denied. If further denied, a
Tuesday, November 19, 2019
Case problem Essay Example | Topics and Well Written Essays - 250 words - 1
Case problem - Essay Example It can be concluded that though a minor, he voluntarily accepted the risk involved in skiing. There was thus an express assumption of risk. That is supported by what was decided in Murphy vs. Steeplehouse Amusement Company, 250 N.Y. 479. The court ruled that one is solely responsible for outcomes of an activity in which the person takes part if the dangers are obvious and necessary. Contributory negligence makes the defendants not entirely liable. Nealââ¬â¢sââ¬â¢ conduct of skiing while being inexperienced and besides too young falls below a certain standard necessary for his own protection, and this conduct cooperated with the defendants negligence of selling the skies to a minor who was also inexperienced. That eventually harmed Neal. Neal would have avoided the injuries had he gone for lessons. That leads to another defense available to the defendants. It is comparative negligence, which in other words would be non-absolute contributory negligence. With this type of defense, Neal would not recover by percentage in which he was at fault for his damage. In this way, the damages are shared between parties according to their
Sunday, November 17, 2019
Marketing and Soft Drink Concentrate Essay Example for Free
Marketing and Soft Drink Concentrate Essay The brand Rasna is owned by Pioma Industries that introduced the concept of Soft Drink Concentrate (SDC), a segment that had been created and nurtured by the company in the Indian beverages Market. The brand was originally launched by the name of ââ¬ËJaffeââ¬â¢ in 1976 and marketed with the help of Voltas, but was renamed to ââ¬ËRasnaââ¬â¢ in 1979. When the product did not do as well as it was expected, in 1983, the advertising was handed over to an advertising agency named Mudra Communications Ltd. Pioma Industries Limited is perhaps not a familiar name for the average Indian consumer. But Piomaââ¬â¢s brand Rasna is very well known. In fact, the name Rasna is almost a generic name for soft drink concentrates in Indian beverages market. Rasnaââ¬â¢s extremely popular advertisements with the tagline ââ¬Å"I love you Rasnaâ⬠had become an integral part of the Indian advertising folklore. In March, 2002, Pioma announced a radical overhauling of its strategies for the Rasna Brand. This development was rather unexpected, as the brand had been lying dormant since long. Rasna is the market leader in the 250 Crore Indian soft drink concentrate industry. The SDC industry is miniscule compared to the 5000 crore carbonated soft drink industry (CSD). The powdered soft drink concentrate industry is worth around 90 crore. During the ââ¬Ë80s, Soft Drink Concentrate (SDC) was not a known concept. For the consumers, Soft Drinks were just the aerated drinks which could be purchased in bottles and were usually consumed outdoors. Rasna came, and changed the whole mind set. COMPETITORS IN THE MARKET As the pioneers in Concentrated Soft Drink Industry in India, Rasna, never had to face any threatening from any of its competitors, be it a global player or a small local company. Powder concentrate occupy 85% of the total soft drinks concentrate market. Here, in this study, we are considering both Powder and Syrup CSD as competition for the Brand Rasna. Following are some of the competitors who tried to make their mark in the 250 Crore Indian soft drink concentrate industry: 1. Tang- Kraft Foods. 2. Sunfill- Coca Cola. 3. Fanta Fun Times- Coca Cola. 4. Sugarfree Dââ¬â¢lite- Zydus Cadila. 5. Kissan Mr Fruit- Hindustan Unilever. The journey of a brand is not always easy. The market is very dynamic and a brand needs to keep a track of the changes in the market. Rasna had to face such challenges too. But it is the resurrection this brand has shown, through strategic marketing, in all instances that makes it stand out and lead the market. MARKET SHARE Rasna has always been recognised at large for Brand and Company. It ranks No. 1 in the beverages category as ââ¬Å"Most Trusted Brand of Indiaâ⬠. It is listed among the top 15 brands in the country. It was awarded as the most preferred brand in the SDC category at the FMCG Most Preferred Awards 2003 and 2004 and Consumer World Award 2004. It has pioneered not only with its strong marketing strategies but also with its proper scaled distribution chain. Rasna has always concentrated on its marketing and brand building and has achieved an expertise in flavour technology. Its efficient management in production and market environments has harnessed to bring to the global consumers, technologically superior products in fruits, vegetables, beverages and confectioneries and to stand as the leader in processed food industry. Rasna has adequate and in-depth knowledge and information on Market sizes and behaviours, Growth prospects, Project Viabilities, Government Policies, Finances etc.and access to more, enabling the company to respond fast to any proposal with suitable recommendation. It believes that there is a huge and emerging market for Rasnaââ¬â¢s kind of product range, all over the world. Rasna is capable of managing global sized manufacturing set-ups working on the most advanced technologies to cater to the huge markets, locally and globally. Rasna has managed to dominate the colossal SDC market because of its massive International operations. One of Rasnaââ¬â¢s biggest strength is its marketing and sales set-up, through which millions of customers worldwide is experiencing the flavour of satisfaction. It provides a strong and pro-active marketing support to its distributors and importers around the world- just so that their products stand out and apart on the shelves. Timely delivery schedules of its products anywhere in the world are what have helped them to reach a strong position in the global market. Rasna has its offices in the following countries: * USA and Canada * UK and Europe * Saudi Arabia * Russia * Fiji This strong chain of distribution to large number of countries within a stipulated period of time has helped the brand gain a reputation in the market. It has also helped Rasna in creating enormous business relations all over the globe. The countries which imports Rasna products globally are as under: In recent years, the brand has had to face off challenges, though not from its direct competitors. International soft drink giants like Coca-Cola (Sunfill) and Kraft Foods (Tang) have introduced competitor products in the market. PepsiCo India too is gearing to launch a glucose-based ready-to-drink beverage under the Lehar brand that will be sold at price point of Rs. 5 for a 200 ml stock-keeping unit. All of them have deep marketing pockets and standard products to lure customers away from Rasna. Even the profile of Rasnaââ¬â¢s target audience is changing. Kids today are a lot more aware, and their parents donââ¬â¢t mind buying more expensive ready-to-drink products, which the MNCs have. But, true to its entrepreneurial spirit, Rasna is not about to give any ground to its rivals. Though some analysts feel that Rasna has been slow to react to the competition, Piruz Khambatta, Chairman, Rasna, still dismisses the challenge saying ââ¬Å"water is our only competition. â⬠According to the 2010 data, Rasna leads the SDC market. The market shares of Rasna and all the competitors are as follows: * Rasna- 97. 2 % * Coca-Colaââ¬â¢s Sunfill 2% * Sugarfree Dââ¬â¢lite- 0. 2% * Kissan Mr Fruit- 0. 1% and * Tang- 0. 5%. COMPARTIVE STUDY ON 4 Ps SCALE The Marketing Mix: Here in this study of the Brand Rasna, we are comparing the brand with its competitors available in the market on the scale of the 4 Ps. The 4 Ps of the marketing mix are: 1. Product. 2. Price. 3. Promotion. 4. Place. Product Line of Rasna: Rasna began with 9 flavours in 1982, and added the 10th in the year 1987. The company was revamped in the year 2002. * In 2002, Rasna changed its look and came up with a new logo. * The tagline of the company was also changed and with a new tagline ââ¬Å"Relish a Gainâ⬠, Rasna has tried a deep penetration in the rural and semi-urban market. The recent product line of Rasna is as follows: Name| Pack Size| Flavour| Price ()| Rasna Frootfun| 32 glasses| Orange, Mango, Lemon, Pinaple| 35| Rasna Frootfun| 12 glasses| Orange, Mango, Lemon| 10| Rasna Freshfun| 32 glasses| Shahi Gulab, Keshar Elaichi, Kool Khus, Cola Cola| 35| Rasna Freshfun| 12 glasses| Shahi Gulab, Cola Cola| 10| Rasna 1 ka 2| 2 glasses| Orange, Mango, Lemon| 1|. Rasna FrootPlus Jar| 500 grams| Orange, Mango, Lemon| 85| Rasna FrootPlus Pouch| 750 grams| Orange, Mango, Lemon| 105| Rasna FrootPlus Pouch| 500 grams| Orange, Mango, Lemon| 75| Packing Details: The operating product line of Rasna consists several sku. The company follows different pack size on carton basis. These pack sizes may vary depending on local market demand. The following table will give a general idea of the pack sizes. Sr. No. | Product| Units per Carton| 1| Rasna Instant Drink (powder beverages)| | | Laminate Pouch Packings| | A| 3 gm pouch pack| 50*60|. B| Single Serve pouch pack (12 gm pouch-orange)| 10*12*6| C| 25 gm single serve sachet| 12*2*12| D| 250 gn refill packs| 36| E| 500 gm refill packs| 24| F| 750 gm standby refill packs| 15| G| 1 kg standby refill pack| 15| H| Litro packs 1 ltr| 12*10| | Glass Jar Packings| | A| 250 gm glass jar| 40| B| 500 gm glass jar| 20| C| 750 gm sleek glass jar| 15| | Plastic jar packing 1 kg| 15| | OTS tin Packing| | | 900 gm tin| 15| | 1. 5 kg tin| 6| | 2. 5 kg tin| 6| 2| Litro Pack Instant Drink| | | Pouch suitable to make 1 litre| 12*10| 3| Gofrut Instant Drink (5gm pouch)| 72*10| 4| Shakeup Instant Drink| |. | 25 gm single serve pack | 24*30| | 150 gm standby pouch| 108| 5| Rasna Lite 250 gm jar | 15| 6| Rasna Soft Drink Concentrate| | | 32 glass pack| 200| 7| Rasna Single Serve Iced Tea 9 gm | 14*24*20| Whereas Rasna has so many different varieties of drinks (flavours) and in so many different sized packets its competitors are lacking behind in both flavours and availability of different quantity packs. The Price of Rasna: Accessing all socio-economic class: Rasnaââ¬â¢s sole goal has been always to make profit with the volume sale. The pricing strategy has always been the key of Rasnaââ¬â¢s success. It targeted the mass rather than the class. * Rasna has always made its products in such a way that it can be accessible to all socio-economic classes. * Its volume sale starts at as low as 1 popular in the name of 1 ka 2. * The added sugar product Rasna Frootplus starts from 2 and goes up to 105 for the family pack. * The box pack has a starting price of 10 which can make 12 glasses of drink and is known popularly as 10 ka 12. * The family box pack is available at 35 which is enough for 32 glasses of water. * Rasna has some skus which are very interesting for regular use. The air tight jar has different pack size with price range starting from Rs. 75. The company is constantly focussing on the rural market of India. So, accurate pricing is very important for the companyââ¬â¢s growth. For Rasna, accurate pricing has been the key growth driver. They understood that the Indian market is highly segmented. And making products targeting each segment has helped a lot. Whereas pricing has been the key growth factor for Rasna, the competitors have not been able to enjoy that benefit of pricing. Only Tang is available at a sachet of 2 which is again meant for making 1 glass of drink. Likewise, the other competitors cannot even come close to the pricing strategy of Rasna. Promotion: Adding an Emotional Touch: Rasna has from its inception relied heavily on advertisement. The famous mass media campaign, ââ¬Å"I love you Rasnaâ⬠was one of Indiaââ¬â¢s longest running TV ad. * The promotion of Rasna always highlighted a strong connection with its customers through brand association. * Rasna has always created a brand value by emotionally attaching the customer to their brand. * Focus of the promotion is always to promote the quality of Rasna. * Rasna spends a lot on Research on the target audience, and promotes there products accordingly. * Rasna has used child characters in their advertising campaigns, and through them the company emphasised on the quality of products which was an effective way of promotion. * Rasna has done a great deal to understand the pain of summer and to deliver a product which will ease the pain. This kind of unique and innovative marketing ideas and campaigns made Rasna the monopoly in the Soft Drink Concentrate industry till the time the competitors entered the market. Even now, no brand has been able to beat the promotional campaigns of Rasna. Going by the set standards of Rasna, we can say that the competitors have spent very less time and money understanding the Indian market and the promotional activities that works in the India. Place: Distribution Channel of Rasna: The distribution channel of Rasna follows 3 to 5 tier architecture. It follows the Super-Sub concept of distribution. The steps are as follows: 1. First the product produced in a factory which is strategically located to minimise the transportation cost. 2. The packed product is sent to various company depots across the country to distribute and meet the respective market demand. 3. From the company depot, the product is delivered to the different super stockists according to their previously placed order. 4. Then the goods are sent to the sub stockists or in some cases to the wholesale store. 5. The secondary sale from the super stockist or the sub stockist is ensured by the constant monitoring by the company personal. Rasna follows different distribution channel model according to local market demand. But for every model the end goal of the company is to deliver a quality product to the end user. With a distribution channel consisting of 35 depots across the country and 1. 8 million retail outlets Rasna is bound to be the leader. Among the competitors the only one that has a good and competitive network of distribution is Sunfill by Coca Cola, but still they are not able to compete as availability with retailers is not as widespread as Rasna. COMPETITIVE ADVANTAGE The competitive advantages of Rasna are listed below: * Being the Pioneer in the market Rasna is well known and very much trusted in the Indian market. * Being in the market for a long time, Rasna knows the Indian taste the best. * Having 7 state of the art production units across the country, the production is never disturbed for any reason. * Because of the widespread distribution network, it is more close to the public. * The marketing strategies used by the company are of superior standard. * Last but not the least, the pricing of the product, which is so low that it is affordable by the lowest segment of the pyramid also. The competitive advantages of Tang are: * Being one of the largest brands of the world, Tang has the sustainability even if it is hit at the beginning. * Tang is available in variety of flavours based on local consumerââ¬â¢s preference. * Tang is fortified with vitamins and minerals. * It is available as powdered and ready to drink bottles. * The powdered Tang is available at low cost. The Competitive advantages of Sunfill are: * Being a brand owned by Coca Cola, the distribution cost is cheaper, so can offer the product at a low and competitive price. * The taste is superior compared to other competitive brands. * Setting up of a production unit close to the target customer segment will help in better marketing. * The company can spend substantial amount on advertising and promotion. The Competitive advantages of Sugarfree Dââ¬â¢lite are: * It is a brand owned by a medical company, so people have trust in the product. * It contains no sugar, so it is healthier. * Has medicinal advantages. * Helps in controlling blood sugar level, at the same time gives the pleasures of a soft drink. The Competitive advantages of Kissan Mr.fruit are: * It is there in the market for a long time, so knows the customer taste and preferences. * Tastier than many of the competitor products. * Supply chain is quite strong as itââ¬â¢s a product owned by Hindustan Unilever. SUGGESTIONS FOR GAINING UPPER MARKET SHARE As we conclude the study on the No. 1 Soft Drink Concentrate in India, Rasna, I have the following suggestions to make so that the company can gain more market share and continue to be the leader of the industry: Product- In terms of product, the following can be done: 1. Try to minimise waste in production, so that the cost of production comes down further. 2. Venture into new products, like ready to drink bottled drinks. 3. Try producing sugar free products so that even a diabetic patient can enjoy the drinks. 4. Health drinks and energy drinks is another field where the company can venture into. 5. Backward integration is another option that can be suggested to minimise the cost of production. Price- the Company can be more price effective and in turn can gain more market share if, 1. More products are offered in the lower price category. 2. Price be reduced for the larger quantity cartons or bottles. 3. New and introductory products are sold for lesser price so that people are interested in trying the new things. Promotion- In terms of promotion, the company can follow the following suggestions: 1. Use newer and cheaper modes of advertisement, like the social networking sites. 2. Spend more on Banners, posters, Hoardings. 3. Stop the use of sportspersons and celebrities, as the same doesnââ¬â¢t have a long standing effect on the general public. 4. Remove the time lag between the promotion and the availability of new products in the market. Place- Place plays a vital role in the success of a company or a brand. The following are my recommendations for improving the market share: 1. Go to the newer potential places which have not been tapped earlier. 2. The untimely dispatch of goods from the depot to the super stockist needs to be taken care of as it may lead to cancellation of order bookings. 3. Unavailability of goods at certain periods needs to be taken care of with a proper distribution control. 4. Promotional events along with the distribution of brochures, stickers and leaflets should be done through sub-stockists and retailers which will help in increasing the brand value. References: During the preparation of this project, help and references has been taken from many web sites and blogs and articles. They are mentioned here: -Rasna Pvt Ltd. Official site. -Wikipedia-the free encyclopaedia -Puneet Tandon Blogs -Economic Times -Times of India Articles -4psbusinessand marketing. com.
Thursday, November 14, 2019
Rehabilitation :: Legal Issues, Drug Courts, Probation
Walker cites the National Academy of Sciences stating that rehabilitation is ââ¬Å"any planned intervention that reduces an offenderââ¬â¢s further criminal activity (Walker 251).â⬠Walker breaks down rehabilitation models into two groups, the new and the old groups. The new groups that Walker suggests may have some positive hope are reentry programs, and drug courts. The old groups include probation, parole, and other reintegration programs. Worrall has a similar definition of rehabilitation, stating that ââ¬Å"rehabilitation consist of a planned intervention intended to change behavior (Worrall 40). He similarly assesses several of these programs and reaches similar conclusions as Walker. Drug courts are specialized courts that focus on substance abuse. Generally offenders are offered the chance at skipping prison or jail sentences if they successfully complete a substance abuse treatment program (Walker 275). Walker assesses drug courts, when they are well managed and designed carefully, as being promising as possibly lowering recidivism (Walker 277). Worrall reached similar conclusions, stating that while much of the research into the effectiveness of drug courts has suffered from design limitations, they have shown reductions in recidivism (Worrall 168). Reentry programs try and take a fresh look at sending prisoners back into society after revamped educational and counseling programs (Walker 363). Unfortunately there is not a lot of evidence that these programs reduce recidivism rates (Walker 363) Walker concludes that the evidence is inconclusive, programs are in their early stages, and more research is necessary due to the current crisis of so many prisoners be ing released (Walker 363). Probation is where offenders receive supervision and treatment in the community rather than in a correctional setting (Walker 255). Walker assesses probation as necessary and appropriate for many offenders. However he also state that most probation programs fail, and that there is no evidence that one probation program is more effective than another (Walker 257). This is due to several reasons, first probationers largely receive no treatment, only supervision, and even this supervision is often very intermittent, and there are quality control issues with both treatments and supervision (Walker 256). Parole is the most classic example of a reintegration program, and it involves releasing a prisoner early back into the community, usually under some type of treatment and supervision, similar to probation (Walker 257). Besides trying to rehabilitate offenders, parole also serves several other purposes, such as giving prisoners an incentive to behave well, giving the corrections system a tool to control prisoners, and serves as a way to deal with prison overcrowding (Walker 257).
Tuesday, November 12, 2019
Are We Too Risk-Conscious These Days? Essay
In these times, this generation has evolved into a congregation of high-skilled individuals. The ability to decide on the best routes of life just at the perfect time has its way to change oneââ¬â¢s life into a miracle! Henceforth, making the right choices is one of the fundamentals to living in this urbanized contemporary. Although some people tend to make deciding between important commitments and hobbies seem easy; the same number of people deem this as lifetime risks as they sometimes result to serious failure. In my perspective, I would not overlook the fact that choosing between oneââ¬â¢s most favored interests should be a quick decision; but not considering the pros and cons in this matter thoroughly would bring a terrible outcome. The question is, is all of this too dangerous? Or, are we just too risk-conscious nowadays? From the eyes of many, risk-taking should be the necessity to achieve success while not taking any would be the biggest risk in oneââ¬â¢s life. Taking risks is the action of sacrificing what one has for success knowing that failure will still persist, should it be the wrong choice made at the right time or vice versa. Risks are apparently essential for growth. Without having to grab risks in life, one is basically escaping from the challenges and adventures that one needs to face in order for a better understanding to take place. Without risks, one simply cannot learn, feel, change, grow, love and live. As ironic as it sounds, the greatest hazard is to risk nothing as I have mentioned before. Not having to risk anything for a change would be boring and one will continuously regret for not approaching the chance to act on. Life would be sadly monotonous too if there were not any risks taken in oneââ¬â¢s life. Besides, there is no wrong in facing most of the bad first then only the good ââ¬â without pain, one will gain nothing. On another note, risk actually offers one an opportunity to open up to oneââ¬â¢s true talents, interests, abilities and dreams. Risks help one grow by setting a more realistic goal than an impossible dream; they help one discover new things about oneself and the world. Also, risks aids in evading the things that are yet to come, running away from risk is identical to running away from life. Risk is something that will benefit one in the future. One should know that it is alright to fail as it only makes one stronger to confront new obstacles. Risk-taking is something that none can escape in their lifetime. Why not just go on all out and do it?
Sunday, November 10, 2019
Analysing A Contract Of Affreightment Engineering Essay
This is Scenario where we have to analyse one-year Contract of Affreightment ( COA ) to provide 1,750,000 metric tons of Fe ore to the Isdemir Fe & A ; steel work, Turkey. COA contract where ship proprietor agrees to transport a series of lading packages for a fixed monetary value per ton ( Stop Ford M, 2009, pg.183 ) or it is an understanding between an proprietor and a charterer to transport a given measure of lading or measure as required by the charterer during a given period of clip. The proprietor is free to make up one's mind which vas he will utilize. As Operation director of Company we have to happen out whether to offer for this contract or non. In the contract two burden ports are Ponda district attorney Madeira ( Brazil ) for 810,000 metric tons and East intercourse Is, Dampier ( Australia ) for 940,000 Fe ore. Based on the appraisal, Manager has to happen the low Time charter rate by best possible operation of the majority bearer. For happening Time charter tantamount value we have to see several factors sand traps, port charges, canal dues. Stowage factor for Fe ore is 0.40 M3 per metric ton. All Cargo holds are of equal volume and surrogate holds 2, 4, 6 & A ; 8 are empty. In this scenario port charges for Isdemir and Ponta da Madeira is given. Dampier port cost to be calculated merely sing port dues and navigation merely. Ship sand trap is to be planned one time in a unit of ammunition ocean trip. It is to be taken wherever monetary value is cheaper. Current market value is attached in appendix. Now, I will discourse the each inquiry in item one by one as follows.Undertaking 1:Calculate the maximal measure of Fe ore that can be carried from each lading port, based on the ship ââ¬Ës design bill of exchange deadweight, and the ship ââ¬Ës clasp use For the computation of Maximum measure of Fe that ship can transport depends on the deadweight of the ship. Deadweight is normally denotes Ship transporting capacity in metric tons.Deadweight includes weight of Fuel, shops, H2O, changeless which required onboard ship. Deadweight of this majority bearer is given as 137,000 metric tons Dwt of ship =137,000t Changeless = 500t Fresh H2O = 300t Since Constant and Fresh H2O required all the clip on-board ship. So, we subtract it from ship transporting capacity. Now, Ship can transport = 136, 200t This value besides includes the Fuel weight for one unit of ammunition ocean tripRound ocean trip ponta district attorney Madeira ( Brazil ) -Isdemir ( Meleagris gallopavo ) -ponta da Madeira ( Brazil ) :Sea Distance between Isdemir- ponta district attorney Madeira = 5201 nanometer ( via Gibraltar ) ( Please refer to http: //e-ships.net/dist.htm viewed on 24th Sep. 2010 ) Round the ocean trip distance = 10,402 nanometer Ship speed= 14.2 ââ¬â ââ¬â ââ¬â ââ¬â ( Given ) Entire Sea clip required cover above distance = 30.5 yearss Sing 10 % possible delay's= 33.6 yearss ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 1 )Port TimeHarmonizing to the Appendices 1 & A ; 2 of the contract loading/Discharging rate shall be 40,000 W.M.T ( Wet Metric Tonnes ) per conditions working twenty-four hours. If we consider ladings that ship can transport with changeless and fresh Water = 136, 200t ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 3 ) Loading rate at Ponda district attorney Madeira = 40,000 w.m.t. Approximate laytime in port Ponda district attorney Madeira = 3.05 yearss Dispatching rate at Isdemir = 40,000 w.m.t Approximate Laytime in Isdemir = 3.05 yearss Entire clip in ports = 6.1 yearss Sing 10 % possible hold ââ¬Ës = 6.7 yearss ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 2 ) From ( 1 ) and ( 2 ) Entire figure of yearss for one ocean trip = 40.3 yearss As chief engine fuel ingestion is 42.4t of IFO per twenty-four hours at MCR and 10t of MDO per twenty-four hours at sea and in port. IFO required for 33.6 yearss = 1424 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 1a ) MDO required for 33.6 yearss = 336 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 2a ) MDO required in port for 6.7 yearss = 67 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 2c ) Entire Tonnes of fuel Required =1826 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 4 ) From ( 3 ) & A ; ( 4 )Now, Maximum Fe ore that Ship can transport for this routes = 134, 374t( B ) Round ocean trip Dampeir ( Australia ) ââ¬â Isdemir ( Meleagris gallopavo ) ââ¬â Dampier ( Australia )Sea TimeSea Distance between Isdemir- Dampeir ( Australia ) = 6479nm ( via Suez ) ( Please refer to http: //e-ships.net/dist.htm viewed on 24th Sep. 2010 ) Round the ocean trip distance = 12,958 nanometer Ship speed = 14.2 ââ¬â ââ¬â ââ¬â ââ¬â ( Given ) Entire Sea clip required cover above distance = 3 8.0 yearss Sing 10 % possible hold ââ¬Ës = 41.8 yearss ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 5 )Port TimeHarmonizing to the Appendices 1 & A ; 2 of the contract loading/Discharging rate shall be 40,000 W.M.T ( Wet Metric Tonnes ) per conditions working twenty-four hours. If we consider ladings that ship can transport with changeless and fresh Water = 136, 200t Loading rate at Dampier = 40,000 w.m.t. Approximate laytime in port Dampier = 3.05 twenty-four hours Dispatching rate at Isdemir = 40,000 w.m.t Approximate Laytime in Isdemir = 3.05 yearss Entire clip in ports = 6.1 yearss Sing 10 % possible hold ââ¬Ës = 6.7 yearss ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 6 ) From ( 5 ) and ( 6 ) Entire no of yearss for one ocean trip = 48.5 yearss Entire Requirement of Fuel for One Round Ocean trip: At Sea: As chief engine fuel ingestion is 42.4t of IFO per twenty-four hours at MCR and 10t of MDO per twenty-four hours at sea and in port. IFO required for 41.8 yearss = 1424 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 7a ) MDO required for 41.8 yearss = 336 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 7b ) MDO required in port for 6.7 yearss = 67 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 7c ) Entire Tonnes of fuel Required =2,258 T ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 7 ) From ( 3 ) & A ; ( 7 )Now, Maximum Fe ore that Ship can transport for this routes = 133, 942tUndertaking 2:Calculate the cost per metric ton of lading from each lading port to Isdemir. The circular ocean trip costs per metric tons are required for and ââ¬Ëup and running ââ¬Ë service, get downing at the burden ports. For the computation of Cost per tones in each ocean trip we have to happen out cost incurred by port operation, fuel use, canal theodolite, running the vas. On the footing of Voyage cost, running cost and lading carried by ship we can happen the Cost per metric ton. Now we will happen Voyage cost and running cost based on given informations and consequences of inquiry 1.( a ) Ponda district attorney Madeira -Isdemir-Ponda district attorney Madeira:We will happen the Fuel cost foremost. We know Entire tones of IFO and MDO required for one unit of ammunition ocean trip From ( 1a ) , ( 2b ) & A ; ( 2c ) Entire tones of IFO required = 1424 T Entire tones of MDO required =403 T IFO= $ 435 /tones MDO= $ 640 /tones ( Please refer hypertext transfer protocol: //www.bunkerworld.com viewed on 24th Sep.2010 ) Cost for 1424 T of IFO = $ 619, 440 Cost for 403 T of MDO = $ 257, 920 Entire fuel cost = $ 877, 360 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 8 )Port Cost:Port cost given for these two ports are as follows: Ponda district attorney Madeira ( Brazil ) = $ 45,000 Isdemir ( Turkey ) = $ 35,000 Entire port cost = $ 80,000 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 9 ) On this path at that place will non be any canal dues as vas will sail via GIBRALTAR, so there is no canal cost on this path. There is no CANAL DUES So, from ( 8 ) & A ; ( 9 ) Ocean trip Cost = $ 957, 360 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 10 ) Runing Cost: AS Ship running cost given as $ 6000 per twenty-four hours which include rewards of crew, care of ship, shop, insurance, disposal etc. From ( 1 ) & A ; ( 2 ) entire no of yearss for one unit of ammunition ocean trip = 40.3 yearss Runing cost for 40.3 yearss = $ 241,553 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 11 ) From ( 10 ) & A ; ( 11 ) Run COST + VOYAGE COST = $ 1, 19 8,193 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 12 ) Now from ( 3 ) & A ; ( 4 ) Maximum lading that ship can transport = 134, 374t ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 13 ) So, from ( 12 ) & A ; ( 13 ) We have entire ocean trip cost, running cost and lading that ship can transport for unit of ammunition the ocean trip.Cost per metric ton = $ 8.91( B ) Ocean trip Dampier ( Australia ) -Isdemir ( Turkey ) ââ¬â Dampier ( Australia ) :Fuel Cost: From the ( 7a ) , ( 7b ) , ( 7c ) we can easy happen the entire measure of IFO and MDO required for one unit of ammunition Ocean trip Entire tones of IFO needed =1773 T Entire tones of MDO needed=485t Taking market mean sand trap monetary value as follows ; IFO= $ 435 /tones MDO= $ 640 /tones ( Please refer hypertext transfer protocol: //www.bunkerworld.com viewed on 24th Sep.2010 ) Entire cost for 1773t of IFO = $ 771, 255 Entire cost for 485 T of MDO= $ 310, 400 Entire fuel cost = $ 1081655 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 14 ) PORT Cost: Port cost for Isdemir ( Turkey ) = $ 35,000 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( given ) Port cost Dampier is to be calculated on the sing port dues and navigation charges merely. We can entree agenda charges by Dampier port authorization by sing following site which is besides attached in appendix and mentioned in mentions. ( hypertext transfer protocol: //www.dpa.wa.gov.au/Port-Facilities/Schedule-of-DPA-Charges.aspx/ HYPERLINK ââ¬Å" hypertext transfer protocol: //www.dpa.wa.gov.au/Port-Facilities/Schedule-of-DPA-Charges.aspx/ Access on Sep. 24 â⬠Entree on Sep. 24, 2010 ) As GT of ship is given 73,999t Port due charges are to be calculated=0.1916/tonnes Port dues will be= $ 14178.20 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 15 ) We will non see Lay-up fee as vas has order does n't necessitate to be at ground tackle Navigation CAHRGES ; For the vas entrance and going from the port greater than 10,000 GRT the navigation charges are $ 8,846.64 for both ways. We will besides see the navigation Exemption fee $ 810. So, Entire navigation charges would be = $ 9656.64 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 16 ) From ( 15 ) & A ; ( 16 ) Port cost at Dampier = $ 23, 834 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 17 ) So when calculate the Port cost for Isdemir ( Turkey ) with Port cost at Dampier Entire port cost round the ocean trip = $ 58834 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 18 )Canal Cost:On this routes vas would be go throughing through Suez Canal, so we have to happen the Toll charges by canal authorization on both manner that is with loaded ship and ballast ship. Suez Canal net tunnage ( SCNT ) =67,109t ( Mentioning hypertext transfer protocol: //www.suezcanal.gov.eg/calc.aspx Access on Sep. 24th 2010 ) On this official site of Suez Canal 1 can happen approximative toll charges per theodolite based on SCNT. These are as follows: Dampier ââ¬â Isdemier ( loaded ship ) = $ 151, 995, Isdemier ââ¬â Dampier ( ballast ship ) = $ 129, 288 These values are calculated with the aid of official Suez Canal site which attach in appendix of this study. Entire cost Canal dues round the voyages= $ 281283 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 19 ) From ( 14 ) , ( 18 ) , ( 19 ) .Voyage cost= $ 1, 421, 772 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 20 )Run Cost: Entire no of yearss for one unit of ammunition ocean trip =48.5 yearss As running cost per twenty-four hours for ship= $ 6000 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( given ) Runing cost for ocean trip for 48.5 days= $ 291, 000 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 21 ) Ocean trip cost + Running cost together will give entire disbursals for coveted figure of lading. From ( 20 ) & A ; ( 21 ) Ocean trip cost + Running cost= $ 1, 712, 722 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 22 ) Now, we have Voyage cost, running cost, Fe ore that ship can transport so we can happen out the Cost per unit. Maximum lading that ship can carry=134, 374t From ( 22 )Cost per metric ton = $ 12.75 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 23 )Undertaking 3Calculate the clip charter equivalent ( TCE ) for each path, presuming a COA cargo rate of $ 15 per metric ton ( antique Ponta da Madeira ) and $ 20 per metric ton ( ex Dampier ) ( include 3 % agent ââ¬Ës committee on the clip charter ) . Ponda district attorney Madeira -Isdemir-Ponda district attorney Madeira: Freight rate given for this Voyage is $ 15 per metric ton. If we consider that ship carries Maximum lading in a ocean trip. From ( 13 ) Maximum lading that ship can carry= 134, 374t Rate = $ 15per metric ton So, Entire cargo for 134, 374t of Fe ore = $ 2, 015, 610 gross ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 24 ) This Gross value includes the 3 % agent committee, therefore subtracting that from gross value. Net cargo value = $ 1, 955, 142 cyberspace ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 25 ) Now, in order to happen out Time charter equivalent ( TCE ) that includes the ocean trip cost and does n't include the running cost. TCE is a standard industry step of the mean day-to-day gross public presentation of a vas. The TCE rate achieved on a given ocean trip is expressed in US $ /day and is by and large calculated by deducting ocean trip disbursals, including sand traps and port charges, from ocean trip gross which will give Gross ocean trip excess. Then spliting by entire no of yearss in ocean trip will give Gross day-to-day excess. From ( 10 ) & A ; ( 25 ) Gross Voyage surplus= $ 997, 782 Dividing this value by no of yearss in ocean trip will give us Gross day-to-day excess Entire no of yearss 40.3 yearss Gross day-to-day excess = $ 24, 758 Now, if we include 3 % agent committee so it will give usTime charter Equivalent = $ 742, 74 per twenty-four hours( B ) Ocean trip Dampier ( Australia ) -Isdemir ( Turkey ) ââ¬â Dampier ( Australia ) :Freight rate for this ocean trip given is $ 20 per metric ton ; in the same we can happen the Time charter value for this path Maximum lading that ship can carry=133, 942t Rate= $ 20 per metric ton Freight earned in one unit of ammunition voyage= $ 267, 8840 gross Subtracting 3 % agent committee from above gross value = 259, 847, 5 ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ââ¬â ( 26 ) Subtracting ocean trip disbursals from above will give us gross ocean trip excess From ( 20 ) & A ; ( 26 ) 1, 421, 772 Gross ocean trip excess value= $ 1, 176, 703 If we divide this by no of yearss in a ocean trip so it will give us Gross day-to-day excess = $ 24, 261 Adding 3 % agent committee to above will give us Time charter tantamount valueTime charter value= $ 7, 278, 3 per twenty-four hoursUndertaking 4Calculate the figure of the cargos needed to finish the entire Fe ore tunnages from each lading port and the ship velocities required for every bit spaced seafarings throughout the twelvemonth.( a ) Ponda district attorney Madeira -Isdemir-Ponda district attorney Madeira:Number of cargos needed on this path to finish the contract can establish on the footing of ship transporting capacity. On this path upper limit lading that ship can transport = 134, 374t Iron ore to transported through this path = 810,000t ââ¬â ââ¬â ââ¬â ( Given ) If we divide Iron ore measure to the maximal lading that ship can transport, that will give us figure of cargos required to finish the contract. No of cargos = 7 Here, Ship requires seafaring of 7 times with laden lading and 6 times as ballast ship in order to finish the contract. Ship velocity on this path can be adjusted to 14.0 knots which will give 44 twenty-four hours ââ¬Ës unit of ammunition ocean trip seafaring. This manner, it can be 44 yearss of every bit spaced seafaring over about 295 yearss.( B ) Ocean trip Dampier ( Australia ) -Isdemir ( Turkey ) ââ¬â Dampier ( Australia ) :Same manner, we can happen for this path excessively. Maximum lading that ship can carry=121102t Entire measure of Iron ore to be transported=940,000t Dividing measure of Fe ore by maximal lading that ship can transport will give us: No of shipments=8 In this instance ship is required to pass through Suez Canal 8 times with laden lading and 7 times as ballast ship for the completion of contract. So, canal dues are different for laden ship and ballast ship, hence to be considered carefully. Ship velocity on this path can be adjusted to 14.1 knots with laden lading and 14.2 knots with ballast ship which will give 52 yearss of circular ocean trip seafaring. So, each ocean trip could be of every bit separated 52 yearss. On this path, at least one cargo required to be completed by another ship which could be the ship on Ponda district attorney Madeira path. . If 52 yearss round ocean trip seafaring is to be considered with one ship, it will take about 395 yearss which is beyond the contracted period. Initially, one ship can get down the lading work on this path and subsequently, can be joined by ship which will run on the Ponda district attorney Madeira path. Entire 2 ships will be required for completion of needed tunnage of Fe ore and contract.Undertaking 5Sum up the bearer ââ¬Ës contractual duties in respects of: A A A A a ) Requirements for ships on the contract A A A A B ) Nominating ships for each cargo A A A A degree Celsius ) Keeping the loading ballad can schedule and effects for non A A A A vitamin D ) Delays and divergences en path A A A A vitamin E ) Presentment on reaching at burden and discharge ports. This is contract issued by General board of directors of ISDEMIR for pellets, ball and all right Fe ore. Duration of the contract is clearly mentioned in the contract. Quantity tunnage allowance is given as Aà ±10 % to be considered for reasoning the contract between ISDEMIR and Carrier. There are several issue which may impact the services over the period of clip. It may be type of vas, cargo, punishment, cargo rate, payment, and 3rd party engagement, cancellation of contract, force majeure, and public presentation bond. This issue can be discussed in summarized signifier as below: Requirement for ships on the contract: Carrier has to utilize the ship which he enlisted in his offer or any change should be done with permission of ISDEMIR and marketer. If ship is of foreign flag so it will requires blessing of Import section. Ship should non be of south Cyprus flag in any instance. Ship has to be with clean holds and ready for lading in all facets. Ship ââ¬Ës lading clasp hatches should be certified for H2O stringency by categorization of society. Vessel should hold P & A ; I club insurance to cover the charter period. Concluding demand for ship is that it should hold category throughout the contractual period certified by categorization of society. Nominating ship for each cargo Nomination of vessel shall take topographic point 20 yearss prior to commencement day of the month of lading laycan. In failure to make so ISDEMIR has wholly right to impact the conveyance on the footing of name and history of bearer. All the right to sing cancellation of day of the month of ballad yearss is reserved by ISDEMIR, Carrier has agreed to revised ballad yearss. Loading laycan agenda has to be agreed by three party ISDEMIR, marketer and bearer. Loading laycan agreed upon by ISDEMIR and bearer before contract should non divert. However, if bearer request change of lading laycan so ISDEMIR will hold all right to accept or reject it. It will be treated as without lading laycan even if it is approved by ISDEMIR. The full demurrage claim by marketer which may originate due to change in lading laycan agenda shall be borne bearer. If ISDEMIR rejects the change so bearer has to follow original laycan otherwise it may take heavy punishment, cancellation of contract. It is discussed in following subdivision. Keeping the loading laycan agenda and effects for non Loading laycan factor is really of import in this contract as it is involved with keeping agenda, change of vas, or any hold which may impact agenda of peculiar vas. Any hold which is caused by vas without informing ISDEMIR may ensue in terrible punishment or expiration of contract. All the losingss, amendss or any claim by marketer should be borne by bearer under this status irrespective of original laycan. If the burden laycan is affected except the force majeure, bearer will be apt to pay USD $ 3,000 for each twenty-four hours up to 5 yearss, from 5th twenty-four hours onwards he will pay US $ 6,000 per twenty-four hours. If the hold period exceeds 15 yearss ISDEMIR has right to call off the contract. ISDEMIR has the right to acquire the same conveyance trade done by another ship-owner/charterer. If loading laycan agenda is effected by force majeure event so vas will non invalidate any liabilities due to this. Any hold should non transcend more than 15 yearss otherwise ISDEMIR wil l hold all right and same trade may be fulfilled by same bearer or another ship-owner/charterer. Any hold occurred should be approved by ISDEMIR and invariably reported to them otherwise once more bearer will be apt for all losingss, amendss and claims. Delaies and divergences en path Any hold which will happen during the contract period excepting force majeure event apt for punishment if it is non approved by ISDEMIR. Carrier should do certain that any alteration in lading laycan reported to ISDEMIR punctually approved. In any instance hold period should non transcend 15 yearss if this happens ISDEMIR will hold all right to take any action which they think appropriate. If the hold occurred at lading port bearer shall be apt to pay US $ 5,000 per twenty-four hours and US $ 10,000 per twenty-four hours after 10th twenty-four hours. In the contract under General term subdivision 12 it is clearly mentioned that divergence from direct path should non happen except for the fuel replenishment or force majeure without ISDEMIR blessing. Once vas is loaded it should direct canvas to droping port without naming any port. Presentment of reaching at burden and discharge ports Carrier or shipmaster has to give the definite ETA and tunnage to be loaded. Vessel geting at lading port should give the verification to ISDEMIR, marketer of 10 yearss, 7days, 48 hour, 24 hour prior reaching to lading port. In instance of dispatching port it has to follow same process that is inform marketer and ISDEMIR, sum loaded unequivocal ETA for ISDEMIR port prior 10 yearss, 7days,48 hour and 24 hour. All the presentment or preparedness at burden port should be received during weekdays Monday-Friday between 08:00 to 17:00 hour and on Saturday between 09:00 to 13:00 hours. Any notice after 13:00 hours on Saturday shall be count as 08:00 hours of following on the job twenty-four hours. Notice of preparedness can be tendered mundane between 08:00 to 17:00 hours and any notice after this clip will considered at 08:00 hours of following twenty-four hours. Laytime will be counted after 24 hours of tendering and credence of the notice of preparedness.Undertaking 6Sum up your reserve sing costs and gross, finishing the cargos to agenda and the suitableness of the ships for the COA. Recommend, with ground, whether the company should or should non subject a command for this contract, based on current cargo market conditions and any other relevant considerations. The contract invites freight offers $ 15 per metric ton ( antique Ponda da Madeira ) and $ 20 per metric ton ( ex Dampier ) for the 810,000 and 940,000 tunnage of Fe ore severally. In the ocean trip appraisal cost per metric ton for antique pool district attorney Madeira and ex Dampier comes $ 10.57 and $ 16.65 severally ( delight see the excel sheet ) . Gross ocean trip excess for antique Ponda district attorney Madeira path is $ 748,623 and gross day-to-day excess is $ 16,983 per twenty-four hours whereas Gross ocean trip excess on ex Dampier path is $ 644,958 and gross day-to-day excess is $ 12,412 per twenty-four hours. Now, if Net ocean trip excess to be discussed on ex Ponda district attorney Madeira path once more it gives really sound figure with $ 484,138 while on ex Dampier path it is $ 333,175.The net day-to-day excess on antique Ponda district attorney Madeira path is $ 10,983 per twenty-four hours and on the ex Dampier path it is $ 6,412 per twenty-four hours ( delight s ee excel sheet ) Here, this is clear that antique Ponda district attorney Madeira path is more profitable asnet day-to-day excess on this path higher than ex Dampier path. Ex Ponda district attorney Madeira path more money generating and can be easy completed with every bit spaced seafaring over the contract period. Cargos required on the both the path ex Ponda district attorney Madeira and ex Dampier path are 7 and 8. On the ex Ponda district attorney Madeira path it will take 295 yearss with 44 yearss every bit spaced sailing which can be easy fulfilled. On the other manus, on the ex Dampier path it will take 395 yearss complete the contract with one ship. So, it is required to hold one cargo acquire done with another ship. This could be the ship which runs on ex Ponda da path. The ship which will run on the ex Ponda district attorney Madeira path will hold adequate clip to finish the needed tunnage of Fe ore hence can be easy do one cargo on the ex Dampier path. Capsize ship will be most suited for this contract as they can easy raise the over 100,000 metric tons of lading. Capsize ship
Thursday, November 7, 2019
Commercial fishing
Commercial fishing Commercial fishing is a worldwide enterprise that involves the capture of marine and freshwater fish and shellfish and their preparation for market. Fishing equipment ranges from small boats whose nets are cast and hauled in by hand to factory ships equipped with the most advanced technologies for finding, harvesting, and preparing huge amounts of fish. These large catches are very costly, however, not only in the price of their equipment and fuel, but also in the depletion of fishery resources their use brings about.The major portion of the total fish harvest consists of few fish species, which are divided into two primary groups. Pelagic species - those which live in the near-surface layers of the oceans, this include several species of herring, tuna, salmon, anchovies, pilchard, sardines, menhaden, and mackerel. Demersal species - fish that live in the near-bottom layers of the ocean, this includes cod, sole, halibut, haddock, hake, and flounder.Bering Sea and the North Pacific Oc eanLarge catches are also made of a group of fish classed commercially as SHELLFISH - shrimp, lobster, scallops, oysters, clams, crabs, mussels, and squid. WHALING was once a major part of the fishing industry. Overfishing has endangered many whale numbers, however, and the field has lessened in importance.Almost all large pelagic and demersal fish catches are made over or near the continental shelf, the underwater plateau around the continents and large islands. In these waters temperatures, water depths, and the currents that influence the amounts of available food create an environment that is highly favourable to the existence of large schools of fish.The animals living in and on the bottom of the continental shelf serve as additional food sources for demersal fish. Also, most species spawn on continental shelves, and the main nursery grounds of many species are also in coastal regions. The main fishing...
Tuesday, November 5, 2019
About Presidential Pardons
About Presidential Pardons Not even President Gerald Fords pardon of Richard Nixon caused as much political and legal flak as former President Bill Clintons pardon of Marc Rich, indicted in 1983 on charges of racketeering and mail and wire fraud, arising out of his oil business. And then, before the Rich stew had reached a rolling boil, Sen. Hillary Clinton (D-NY) disclosed that her lawyer brother Hugh Rodham had accepted some $400,000 in fees to help two other felons get pardons from President Clinton. The two pardoned were Glen Braswell, who had served three years for a 1983 mail fraud conviction, and Carlos Vignali, who had served six years of a 15 year sentence for cocaine trafficking in Los Angeles. Sen. Clinton said she was very disappointed and saddened, and told her brother to give the money back and he did, but the damage had been done. Except to Braswell and Vignalie, who ended up drawing Get Out of Jail Free cards, after all. Now, President Bush has stated, Should I decide to grant pardons, I will do so in a fair way. I will have the highest of high standards. [From: Press Conference - Feb. 22, 2001] What are those high standards? Are they written down, and what gives the President of the United States the power to pardon anybody? Constitutional Authority for Presidential Pardons The power to grant pardons is given to the President of the United States byà Article II, Section 2 of the U.S. Constitution, which states in part:à The President ... shall have power to grant reprieves and pardons for offenses against the United States, except in cases of impeachment. No standards, and only one limitation no pardons for the impeached. Can Presidents Pardon Their Relatives The Constitution places few restrictions on who presidents can pardon, including their relatives or spouses. Historically, the courts have interpreted the Constitution as giving the president virtually unlimited power to issue pardons to individuals or groups. However, presidents can only grant pardons for violations of federal laws. In addition, a presidential pardon only provides immunity from federal prosecution. It does provide protection from civil lawsuits. What the Founding Fathers Said The whole subject of presidential pardons stirred little debate at the Constitutional Convention of 1787. No less estimable Founding Father than Alexander Hamilton, writing in Federalist No. 74, suggests that, ... in seasons of insurrection or rebellion, there are often critical moments, when a well-timed offer of pardon to the insurgents or rebels may restore the tranquility of the commonwealth. While a few Founders suggested involving Congress in the pardons business, Hamilton remained certain the power should rest solely with the president. It is not to be doubted, that a single man of prudence and good sense is better fitted, in delicate conjunctures, to balance the motives which may plead for and against the remission of the punishment, than any numerous body [Congress] whatever, he wroteà in Federalist 74.. So, except for impeachment, the Constitution places no restrictions whatsoever on the president in granting pardons. But what about those standards President Bush has promised to apply to any pardons he may grant? Where and what are they? Loose Legal Standards for Presidential Pardons While the Constitution places no significant limitations on them in granting pardons, we have certainly now witnessed the grief that can come to presidents or former presidents who appear to grant them haphazardly, or show favoritism in the act. Surely, presidents have some legal resources to draw upon when saying, I granted the pardon because... Operating under the guidelines of Title 28 of the U.S. Code of Federal Regulations, Sections 1.1 - 1.10, the U.S. Pardon Attorney, of the Justice Departments Office of Pardon Attorney assists the president by reviewing and investigating all requests for pardons. For each request considered, the Pardon Attorney prepares the Justice Departments recommendation to the president for the final granting or denial of the pardon. Besides pardons, the president may also grant commutations (reductions) of sentences, remissions of fines, and reprieves. For the exact wording of the guidelines used by the Pardon Attorney in reviewing requests for pardons, see: Presidential Pardons: Legal Guidelines. Keep in mind that the recommendations of the Pardon Attorney to the president are just that recommendations and nothing more. The president, bound by no higher authority than Article II, Section 2, of the Constitution, is in no way required to follow them and retains the ultimate power to grant or deny clemency. Should This Presidential Power be Limited? At the Constitutional Convention of 1787, delegates easily defeated proposals to make presidential pardons subject to the approval of the Senate, and to limit pardons to persons actually convicted of crimes. Proposals for constitutional amendments limiting the presidents pardoning power have been offered in Congress. A 1993 resolution in the House suggested that, The President shall only have the power to grant a reprieve or a pardon for an offense against the United States to an individual who has been convicted of such an offense. Basically, the same idea proposed in 1787, the resolution was never acted on by the House Judiciary Committee, where it slowly died. As recently as 2000, a Senate joint resolution proposed an amendment to the Constitution that would have allowed crime victims the right to reasonable notice of and an opportunity to submit a statement concerning any proposed pardon or commutation of a sentence. After officers of the Justice Department testified against the amendment, it was withdrawn from consideration in April of 2000. Finally, keep in mind that any limitation or change to the presidents power to grant pardons will require an amendment to the Constitution. And those, are hard to come by.
Sunday, November 3, 2019
Direct and Internet Marketing Essay Example | Topics and Well Written Essays - 2500 words
Direct and Internet Marketing - Essay Example e in the intensity of competition, organizations have understood that in order to stay ahead in this intense competition they need to focus on marketing. In todayââ¬â¢s competitive business scenario marketing is the key for the success of any company or product or brand. In the last few years various new concepts of marketing have arrived in the market. Direct marketing is one of these newly developed marketing concept which is one of the most widely used marketing strategies that most of the organizations are adopting. In direct marketing potential customers are approached individually and this is one of the main reasons behind the huge acceptance of direct marketing. Another important factor that has redefined the term ââ¬Ëmarketingââ¬â¢ is internet. It has been found that in the last decade internet has arrived as one of the largest medium of communication. Today, in most of the developed as well as developing countries, products are purchased by the consumers online. So, it can be stated that both direct and internet marketing are two of most important concepts of marketing. This paper includes a detail overview of direct and internet marketing from both theoretical and application perspective. Bothe marketing concepts are discussed in the context of an organizations named Carbon Trust which is a UK based organization. Direct marketing could be referred to a process but not a technology. The process of direct marketing is aimed at not only selling the product but also creating and maintaining healthy customer relationships that would be profitable for the organization in future (Nash, 2000). As far as the definition of direct marketing is concerned, the most widely accepted one is provided by the direct marketing association. According to this association direct marketing could be considered as an interactive process where advertising media is used with the purpose of effecting a measurable transaction and/or response at a particular location. Direct marketing is
Friday, November 1, 2019
Contract law assignment Essay Example | Topics and Well Written Essays - 2250 words
Contract law assignment - Essay Example She intends to use the machine both for her restaurant and for family meals. One of the clauses in the sales contract, which is drafted in technical legal language, read as follows: ââ¬Å"Electromart cannot be held responsible for any loss or injury whatsoever caused by any defects in the manufacture or design of any goods sold.â⬠Melinda also enters into an on-site service contract for an extra à £45. In the service contract Electromart agrees to repair the dishwasher if it breaks down within one year of purchase. One of the clauses in the service contract provides: ââ¬Å"The customer bears all the risk of all repairs and nether Electromart nor any of its employees whatsoever accept any liability for any injury, damage or consequential loss, howsoever caused, arising out of any work done or omitted to be done in respect of any insured product.â⬠1. May a seller (not the manufacturer) of a manufactured product avoid liability from defects of the product by including in its contract the following clause: ââ¬Å"Electromart cannot be held responsible for any loss or injury whatsoever caused by any defects in the manufacture or design of any goods sold.â⬠2. May Electromart avoid liability as repairer of the product it sold to Melinda by providing in the contract the following clause: ââ¬Å"The customer bears all the risk of all repairs and neither Electromart nor any of its employees whatsoever accept any liability for any injury, damage or consequential loss, howsoever caused, arising out of any work done or omitted to be done in respect of any insured product.â⬠Under the given facts, two days after the machine is delivered the dishwasher floods, causing à £2,000 damage, and à £200 lost business in the restaurant. With only two days having passed when the machine was a delivered, it would be very correct to conclude that he machines was defective especially that facts
Subscribe to:
Comments (Atom)