Thursday, May 14, 2020

Same-Sex Parents and Their Children Essay - 729 Words

Same-sex parents and their children Nowadays, the question of gay marriage is one of the most heated and controversial. Over the years, same-sex couples are fighting for the legal recognition for their marriages and their right as parents. Parenthood is one of the most valuable experiences in a human life. After finding a partner, it is natural for people to want to raise children. Homosexual parent are the same in ability and commitment to raised healthy children. It would be a big step for improvement in our society to provide necessary support and rights for same-sex couples and their children. â€Å"According to the 2000 Census, there are approximately 594,000 same-sex partner households and there are children living in approximately†¦show more content†¦(2009)† Studies showed that these children and young adults are as popular as children reared by heterosexual parents; at school they have grades within average, the same level of stress as other kids. In general, they have normal relationships with peers and adults. Most of them accept their parent’s sexual orientation; some even get inspired by their parent’s courage to be different. The only challenge they might face is that in the most states in the country gay marriage is not accepted and with that their parenting. Limited protection provided to the children of the same-sex couples brings stress and fear to those children that they will be separated from their parents, or their parents loosing job and etc. It is commonly believed that for normal development a child needs two opposite sex parents. Mother provides nurturance and caretaking and father ‘‘is the grinding stone on which his son sharpens his emerging masculinity and the appreciative audience to which his daughter plays out her femininity (Pruett, 2000, p. 87).† Not all the children are raised in two parent family, single parent is a common part of our society. Single mothers and less common single farthers raise their children and nobody doubts there parenting skills, because not only their parent but also other relatives and media influence on children. Number of researchers studied sexualShow MoreRelatedChildren With Same Sex Parents Essay1665 Words   |  7 PagesOver the years there has been many studies conducted on the well being of children with same sex parents. These studies often debate on whether same sex parents carry disadvantages to the child. Researchers who object to same sex parent often be lieves that children raised in these types of families suffer more emotional problems (McAllister 2016). These studies often tend to blame parents sexual orientation as the main cause of children’s emotional problems rather than looking at outside aspectsRead MoreGay Adoption And The United States1412 Words   |  6 Pages Gay parents! Yes I said it.What kind of impact do gay couples have on adoption agencies in the United States? â€Å"An estimated 65,500 adopted children are living with a lesbian or gay† parent (Lifelong Adoptions)​.†Ã¢â‚¬â€¹There are 1 million lesbian, gay, bisexual and transgender parents raising about 2 million children in the U.S† (Why Gay Parents Are Good Parents). ​Even though people believe gay adoption will cause children to act different Gay adoption positively affects adoption agenciesRead MoreGay Adoption Should Be Legal1411 Words   |  6 Pagesraise children. It is legal for heterosexuals to adopt children in all states; however, homosexuals do not have the same right. Many states are trying to find loopholes to ban homosexuals from adopting. Gay adoption should be legal in all states because children can be raised in the same upbringing as heterosexual parents, sometimes can have better lives than those who are raised by hete rosexual parents, and the banning of gay adoption goes against the homosexual parents’ rights. Children in a homosexualRead MoreThe Issue Of Same Sex Parenting1153 Words   |  5 PagesPaper Same-Sex Parenting ​Homosexuality has been a sensitive subject in this society for generations; it has been repelled against and condemned because it is considered to be sin-natured to certain traditions and religions. In the past several years, gay rights have been a controversial topic in many areas of the public and court rooms. More recently, the debate about gays having the right or ability to parent has become an increasingly popular topic, especially with same-sex marriage being legalizedRead MoreStigma, Facts And Solutions : Raising Same Sex Families1346 Words   |  6 Pagesand Solutions: Raising Same-sex families. Stigma Social stigma against homosexuals is a common experience for those raising children in same-sex families. Although gay rights have improved and a generally more inclusive environment is present there are still many who treat homosexuals as mentally ill deviants (McCabe, 2012). Even with gay right improvements there is still debate surrounding bringing children into these environments. Current discourses assume that same-sex families will negativelyRead MorePersuasive Essay About Same Sex Parenting1273 Words   |  6 PagesPeople who believe that gay couples should not be parents because it would negatively impact the children, but do not bother helping the 450,000 foster children in need of a loving family do not really care about the children. Gay couples can help lower this number of lonely foster kids since they are not able to have children of their own. Same-sex parenting should be commonly accepted because same-sex couples form relationships that are more stable than most het erosexual marriages, they are moreRead MoreA Brief Note On Gay And Lesbian Families874 Words   |  4 Pagesrelated and share the same beliefs. Now a day a family is a group of people that love and care for one another. There are many different types of families in America. One of the types of families is same sex parent families. Gay and lesbian families are when two people of the same sex starting a family. Some usually were married to the opposite sex before. Most gay and lesbian couples lack legal rights to support their relationship. As I write this, 13 states allow same-sex marriages, 35 states prohibitRead MoreAdoption With Same Sex Couples1162 Words   |  5 PagesRegus Introduction to Sociology 7 November 2017 Adoption with Same-sex Couples Adoption is when a child is removed from their home and are now under protection of another family. They can be related or unrelated to the child. It can be great for children, as they can live a better life than they would have had with their birth parents. The children may have endured abuse or neglect and need to get out of the situation, or the parents could have not thought that they were able to take care of theRead MoreShould Same-Sex Couples Be Allowed to Adopt? Essays838 Words   |  4 Pagespaving the way for a brighter future. In hopes of being normal, many same-sex couples want to have a family and for some the only option is adoption. Well, same-sex adoption is not legal in most places which makes this dream for some impossible. This caused controversy between same-sex couples and the general public who believes that same-sex adoption should remain illegal. Ultimately, same-sex adoption should be legal. The same-sex controversy is one of the many results from the slow process of gayRead MoreGay Adoption And The United States1412 Words   |  6 Pages Gay parents! Yes I said it.What kind of impact do gay couples have on adoption agencies in the United States? â€Å"An estimated 65,500 adopted children are living with a lesbian or gay† parent (Lifelong Adoptions)​.†Ã¢â‚¬â€¹There are 1 million lesbian, gay, bisexual and transgender parents raising about 2 million children in the U.S† (Why Gay Parents Are Good Parents). ​Even though people believe gay adoption will cause children to act different Gay adoption positively affects adoption agencies

Wednesday, May 6, 2020

William Shakespeare s Romeo And Juliet - 1400 Words

Title: Romeo and Juliet Author: William Shakespeare Genre: Romance and Tragedy. Setting The story is taking place in Verona, Italy, it is a midcentury-1590s background story, and the cultural context was that there is the feuds between the two families; Montagues and Capulets, which were giving attentions to all the people living in Verona. It is really important to know the setting of the story to know the social background of the time that the story was written so that as a reader I can understand the story much better. Point of View Since the book, Romeo and Juliet is a script, all the characters has their point of view. However, mostly, Romeo and Juliet’s point of view is most common point of view in this book. The point of view is important because, as a reader, I can see the storyline with the certain character’s view, which helps me to understand better. I can also recognize the mood and the flow of the story very well in the book, Romeo and Juliet, and also in other books. Atmosphere The mood of the piece is much tensed and very romantic. The reason why it is tensed, it because of the feuds between two families Montagues and Capulets, which causes lots of fights between servants and also Romeo, Mercutio, Tybalt, and Paris. The romantic feeling is from the love between Romeo and Juliet. Their desires to love each other. Tone The tone of this book is very passionate, romantic, emotional, however, also very violent and intense. It’s because of all the love andShow MoreRelatedWilliam Shakespeare s Romeo And Juliet1287 Words   |  6 PagesLizzy Baginski English Composition 2 Mr. Spera March 10, 2015 Romeo and Juliet Research Paper The movie Romeo and Juliet is a modern classic film that took place in 1996. Overall this is a timeless story that everyone should go and watch. This movie has an intriguing plot line that tells the story of two feuding families, The Montagues and The Capulets, and how the children of these two different families fall in love. The two children overcome various obstacles such as hiding their chemistry fromRead MoreWilliam Shakespeare s Romeo And Juliet 966 Words   |  4 Pages Beauty Over Gold â€Å"Beauty provoketh thieves sooner than gold.--William Shakespeare, 1623. In his book As You Like It, William Shakespeare pointed out the supremacy of love rather than the want of gold and wealth. Truly, beauty is more important to thieves than wealth. Many of the thieves in this world would rather have an elegant woman than to obtain precious rubies. After all, what good is a prosperous man if he doesn’t have a charming woman? Two famous men grab my attention who didn’t fear forRead MoreWilliam Shakespeare s Romeo And Juliet Essay1024 Words   |  5 PagesRomeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. The plot is based on an ItalianRead MoreWilliam Shakespeare s Romeo And Juliet1124 Words   |  5 PagesThe play Romeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. Its plot is based onRead MoreWilliam Shakespeare s Romeo And Juliet861 Words   |  4 Pagesgreatly shown in the play Romeo and Juliet by William Shakespeare. It was love at first sight with Romeo Montague and Juliet Capulet. Meeting at a party and falling in love to get married without even spending quality time with each other. Romeo and Juliet couldn t tell there parents because the Capulets and Montagues are long term rivals. Both Romeo and Juliet had to find different ways and excuses to make this marriage work. A big problem was developed. Romeo kills Juliet s cousin and is banishedRead MoreWilliam Shakespeare s Romeo And Juliet1770 Words   |  8 Pagesof Romeo and Juliet. The story of two destined lovers who were killed by their own doing. But what if they weren t two destined lovers who got unlucky, but doomed partners that were never going to have a good-life to begin with.William Sha kespeare gives us a view of early signs of gang conflict in the early age of Verona, Italy. He gives us a perspective of the norms and customs of Italy during the Setting of William Shakespeare s most famous story. Romeo and Juliet, by William Shakespeare, givesRead MoreWilliam Shakespeare s Romeo And Juliet1616 Words   |  7 Pageslove can also cause some of life s most controversial battles. These battles could stem from lack of patience, disagreement of moral values, and in some cases, an absence of attraction overall. In Romeo and Juliet by William Shakespeare, the issues that drive Romeo Montague and Juliet Capulet s to each of their dreadful misfortunes are inevitable. When it comes to many of Shakespeare s plays, Aristotle s theory is used to describe them as tragedies. Romeo and Juliet is known by many as a tragedyRead MoreWilliam Shakespeare s Romeo And Juliet1264 Words   |  6 Pagestheater-going public the most important dramatist in English literature, Shakespeare oc cupies a well-known position in the world of talented authors. His canon contains thirty-seven plays, written in the late sixteenth and early seventeenth centuries. Additionally, throughout the years, they continue to sustain critical attention, with the majority of his works circling tragedies, one being Romeo and Juliet. William Shakespeare s Romeo and Juliet speaks to the timeless appeal of star-crossed lovers. Their loveRead MoreWilliam Shakespeare s Romeo And Juliet924 Words   |  4 PagesWilliam Shakespeare’s Romeo and Juliet is a tragedy that follows the so-called love of two teenagers. The two fall in love at a masked ball and have a secret marriage. Throughout the play, their actions show how ridiculous love is, and how it is a danger to anyone who become twisted in its choking grasp. However, in the death of the youth and survival of the elders, an alternative explanation for the tragic events may be found. Although Shakespeare seems to be mocking love throughout the play, itRead MoreWilliam Shakespeare s Romeo And Juliet1279 Words   |  6 Pagesour lives. The great, classic writers teach timeless, valuable life skills. Shakespeare was the greatest writer of all time. His writings mainly consisted of dramas and sonnets. Romeo and Juliet, as well as, A MIdsummer Night’s Dream were written about the same time period. He was able to inter relate everything that wrote. For example, the tale of Pyramus and Thisbe could possibly be an advertisement for Romeo and Juliet. The basic structure of the two dramas is the same; two forbidden lovers meet

Tuesday, May 5, 2020

The Raven vs. The First Snowfall free essay sample

The Raven vs. The First Snowfall During the time period of Romanticism, many great poets emerged. Two of the best poets during this time period included Edgar Allen Poe and James Russell Lowell. Throughout these poets lives, they suffered many tragic deaths among their friends and families and decided to write about them. One of Poes greatest poems was called The Raven and one of Lowells greatest poems was called The First Snowfall. Since these two poems speak about death, they are very similar in somber tone, uneral images, and gothic elements, which all create a mournful mood. One of the ways that The Raven and The First Snowfall are similar is how the somber tone throughout the poems creates a mournful mood. Once upon a midnight dreary, while I pondered, weak and weary (1). This quote from The Raven is an example of somber tone because it sets a dark tone to help develop the mournful mood of the poem. We will write a custom essay sample on The Raven vs. The First Snowfall or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page And thought of the leaden sky (26). This specific quote from The First Snowfall is a great example of a somber tone because is speaks bout how the sky is a dull, gray color. The somber tone of these two poems is what makes them so similar, but there are more ways that show how they can be even more similar. The second way that The Raven and The First Snowfall are similar is by the funeral images both authors describe in their poems. One of the funeral images used by Edgar Allen Poe in The Raven is the quote: And each separate dying ember wrought its ghost upon the floor (8). In this quote, he is trying to describe the fire as dying to represent his lover who had Just died. One of the funeral images used by James Russell Lowell in The First Snowfall is used in the quote: The noiseless work of the sky (14). What the author is trying to describe here is that everything around him is silent because they are saddened by his daughters death. These two funeral images used by the authors are another way the poems create a mournful mood and how they are similar. The way that they are similar is that the authors are making images with their words to help the readers understand the tragic deaths they had to struggle through. Even though there are a more ways that make these poems similar, there is one final way that pretty much ties everything together. This way is the use of gothic elements throughout the poems. Quoth the Raven (44). This gothic element speaks about the supernatural element of the bird talking. This shows that the narrator is going completely insane over the fact that his lover had died. Then with eyes that saw not, I kissed her (37). The gothic element that Lowell is trying to describe is that his daughter had Just died. What Lowell wants the readers to know s that he kissed his daughter for the final time because she had died. The topic of the gothic elements is the final way the poems create a mournful mood and that the elements make the two poems similar because the authors use them to describe the death in their poems. During the Romanticism time period, two poems emerged that were quite similar. They were The Raven by Edgar Allen Poe and The First Snowfall by James Russell images, and the gothic elements. All of these similarities are what helps the two poems create a mournful mood so that they can tell their melancholy poems.

Saturday, April 11, 2020

12 Crude But Funny South Park Quotes

12 Crude But Funny South Park Quotes South Park is not for the faint-hearted. It could offend the sensibilities of those who cant handle in-your-face, raucous humor. South Park humor is racist, sexist, chauvinistic, and offensive. Despite the vulgarity, South Park scores high with fans. What Makes South Park Such a Popular Series In the words of some die-hard South Park fans, it is the only intelligent show that takes jabs at hypocrisy and the pretentious world we live in. Be it politics, social structures, or family values, the animated series has something to say about everything. When you look at the world through the eyes of social misfits like Eric Cartman, you see how our beliefs are based on a bunch of misplaced values. South Park Characters Take for instance South Parks most loved (and most obnoxious) character, Eric Cartman. He resembles that kid at school whom everyone loves to hate. He is a narcissistic, foul-mouthed, devious kid who has little regard for society or people. Yet, Eric Cartman is known for his biting truth. Stan and Kyle are best friends, though they often disagree. Stan is a knowledgeable friend, and he often ponders life issues. Kyle is a Jewish boy, who, though proud of his roots, often displays self-doubt. Eric Cartmans anti-Semitic views are targeted to make Kyles life miserable. The whole TV series has profanity galore, with crude language, abusive words, and politically incorrect jokes that are projected as humor. Despite its negative energy, South Park has managed to create waves in viewership. South Parks debauched satire has won many awards, including five Primetime Emmy Awards and a Peabody Award. In 2013, TV Guide ranked South Park the 10th greatest TV cartoon of all time. Crude But Funny South Park Quotes   The humor is bizarre and often repugnant, but if you dont mind the politically incorrect language, you will have a wild time. Season 1, Episode 4: Big Gay Als Big Gay Boat Ride:Sportscaster Frank:  I havent seen an Englishman take a blow like that since Hugh Grant!Season 1, Episode 7: Pinkeye:Eric Cartman:  Kenny’s family is so poor that yesterday, they had to put their cardboard box up for a second mortgage.Season 1, Episode 2: Weight Gain 4000:Wendy: Dude, dolphins are intelligent and friendly!Eric Cartman: Intelligent and friendly on rye bread, with some mayonnaise.Season 5, Episode 11: The Entity:Jewish Kid: Is anyone else having problems concentrating on this? I just cant seem to concentrate.Eric Cartman: Maybe we should send you to a concentration camp.Season 10, Episode 7: Tsst!:Eric Cartman:  Ive lost almost 10 pounds now. You see what I mean? I totally know what its like to be a Jew in the Holocaust now.Season 4, Episode 6: Cherokee Hair Tampons:Eric Cartman:  Hippies. Theyre everywhere. They wanna save Earth, but all they do is smoke pot and smell bad.Bigger, Longer Uncut:Satan:  Without evil there could be no good, so it must be good to be evil sometimes. Season 17, Episode 10: The Hobbit:Stan:  There have been malicious rumors started at this elementary school that my beautiful fiancà ©e is a Hobbit. That is not funny and it is not true. Yes, she is heavier than most of her pictures show her to be. Yes, she gets her hair lasered off her body and yes, she has a friend named Gandalf, who happens to be a wizard.Season 16, Episode 12: A Nightmare on FaceTime:Eric Cartman:  Its Stans stupid Captain America costume, thats what throwing everybody off! Hows people supposed to get that Im the Hulk when Captain America is on freaking FaceTime?Season 1, Episode 4: Big Gay Als Big Gay Boat Ride:Chef:  You know what they say: You cant teach a gay dog straight tricks.Season 16, Episode 11: Going Native:Butters:  Youre all fake and stuck up, and none of you have the courage to tell Jimmy his jokes arent funny! The only kid here with a sense of dignity is Kenny, and the rest of you have heads up your butts!Season 4, Episode 3: Timmy 2000:MT V Announcer:  Youre watching MTV, the cool, brainwashing, 12-year-old-and-younger station that hides behind a slick image. Were so cool that we decide whats cool. And now MTV News. The news that is single-handedly dumbing-down our country, which is cool.

Tuesday, March 10, 2020

Tata Steel Case Study Analysis Essays

Tata Steel Case Study Analysis Essays Tata Steel Case Study Analysis Paper Tata Steel Case Study Analysis Paper Introduction The Tata Group is a very large group of businesses that dominate markets in India. The organization has established itself as a leader in markets such as the airline industry, hotel, software, investment, and steel industry. There is a long history of corporate responsibility within the group, and it is no surprise that all Tata companies have adopted a Tata Code of Conduct as well as many international standards. Tata Steel is one of twenty-eight major corporations within the Tata Group. Founded in 1907, it is the largest private sector steel company in India. Operations are spread across the country, with the steel manufacturing unit at Jamshedpur, and other manufacturing and mining activities situated in the states of Jarkhand and Orissa at eight locations. The Tata Group headquarters is based in Mumbai, Maharastra. This paper provides an overview and analysis of the accounting problems that Tata Steel is faced with after acquiring a foreign company. Company Profile Tata Steel, incorporated in 1907 by Shri Dorabji Tata, is Indias largest private sector steel company belonging to the Tata Group. The company manufactures finished steel, both long and flat products like hot and cold rolled coils and sheets, galvanized sheets, tubes, wire rods, construction re-bars, rings and bearings. The company markets its products in brands like Tata Steelium, Tata Tiscon, Tata Pipes, etc. The company is among the lowest cost producers of steel in the world. Its main plant is located in Jamshedpur, having a manufacturing capacity of 5 MTPA (million tonne per annum) while its processing units, captive iron ore and coal mines are located in the states of Orissa, Jharkhand, Maharashtra, Gujarat and West Bengal. With its head office located in Mumbai, the company functions through a network consisting of trading arms and operation and projects sites spread across countries in the continents of Asia, Europe and America. Apart from Steel there are six Strategic Business Units or divisions for Bearings, Ferro Alloys and Minerals, Rings and Agrico, Tata Growth Shop, Tubes, and Wires. It operates in more than 20 countries and has a commercial presence in over 50. In the past few years, Tata Steel has invested in Corus (UK), Millennium Steel (renamed Tata Steel Thailand) and NatSteel Asia (Singapore). With these, the company has created a manufacturing and marketing network in Europe, South East Asia and the Pacific-rim countries Problem Tata Steel Faces Tata Steel is faced with a very serious, and somewhat complex, problem. The company has global ambitions. By that I mean the company wants to establish itself as a power and contender in the global marketplace. Tata Group acquired UK based Corus Group, a well established steel company in its own right, by way of a $12. 1 billion deal. The deal was partly funded with a $6. billion dollar loan that was primarily denominated in Euros. The currency in which the Corus Group earned most of its revenues was Euros. It made sense for the Tata Group to fund the deal in Euros in order to avoid exposing the debt to currency risk. The problems that the Tata Group would face due to this deal brought about an issue that the organization really did not have much experience in dealing with. Because of the currency denomination issues with this dea l, the Tata Steel would have a liability of over $600 million on its financial books. Although, the reality of the situation is that Tata Steel has a sound and balanced financial structure and accounting practices. Because of international accounting laws that India and the Tata Group have adopted, on the books it looks as if Tata Steel is carry more liabilities or debts than it really is. This is significant because an investor or shareholder would look at the company’s financials and think that the organization is not as financially stable as it really is. Tata Steel used Indian Generally Accepted Accounting Principles (IGAAP) to prepare their financial statements. IGAAP merged with the global accounting system known as the International Financial Reporting Standards (IFRS). The problem with this is that by IFRS standards the merger, or natural hedge, was not recognized. IGAAP and IFRS both mandated that foreign currency loans be denominated in the borrowing company’s home currency for accounting purposes. This created a reporting problem for Tata Steel when in reality there was no financial problem with the deal. SWOT Analysis of Tata Steel Strengths Global position in steel industry Tata Steel is one of the most prosperous and profitable steel companies in the world. The acquisition of Corus and other global steel companies have bolstered Tata’s position in the marketplace and made it one of the top steel companies in the world. Corporate governance Tata Steel has had a very good record for corporate governance. It has set the benchmark in global corporate governance principles of accountability, transparency, and equity for others to follow. Tata Steel has been consistently receiving prestigious awards at both the national and the international arena. The company was awarded the Best Governed Company Award in 2006 for corporate practices presented by Asian Centre for Corporate Governance. Brand value The Tata Steel brand, owing to its highly ethical and a socialistic approach to business, has made its name synonymous to trust. The acquisition of Corus made Tata Steel an even more reputable and powerful company. Tats Steel was a well known brand even before the acquisition of Corus. The addition of Corus makes Tata Steel one of the most well known and productive companies in the world. Innovation of Tata Steel Tata Steel has the lowest operating cost for steel manufacture in the world. Further it has displayed effective means in adopting an eco-friendly and sustainable approach towards the manufacture of steel thus proactive measures are undertaken to ensure the employees health and productivity through ergonomically designed work stations and by protecting them from occupational hazards. Adaptability to the fast changing global business environment Tata Steel has displayed immense agility in the recent past during the global financial crisis. Its virtuosos of various fields have adopted various methods like lowering production and even shutting down steel plants due to the lack of demand, managing the balance sheet efficiently etc. The company has 70% of its procurement of raw materials for its operations in Asia through long term contracts and so its margins can be shielded from the nuances of the volatility of the financial markets. Management Team Tata Steel has a highly credible management team who has displayed their skills in expanding the company through various innovative methods. The company has successfully acquired Nat Steel of Indonesia, Millennium Steel of Thailand and more importantly UK based Corus. The company’s virtuosos of finance have been able to find innovative ways to tackle the company’s debt and keep the bottom line in the green zone despite lower demand and a lot of accumulated debt. Weaknesses Debt burden Tata Steel has a total debt of $9. 8 billion USD on its books, much of it from the Corus acquisition. The company plans to refinance $6. 5 billion of its long term debt. It has an unfavorable debt to equity ratio which means the assets of the company are largely financed through debt. With the steady increase in inflation most countries are beginning to tighten credit and liquidity in the money markets. As a result of inflation increases, interest rates are on the rise as well. An increase in interest rates means an increase in the company’s liabilities. This will further add to the degradation of Tata Steel’s balance sheet. Conservative accounting practices India has very conservative accounting standards. The system works within the country but lacks flexibility and adaptability when it comes to reporting differences in currency. Because the Tata Group has global aspirations, the company must deal in various currencies when doing business with global companies. The problem lies in the rules governing the accounting practices within India. All foreign currencies must be converted to the home countries currency when reporting on financial statements. Technology Many steel companies have implemented different technologies into their plants to make production and productivity more efficient. There is a new fluorescent x-ray technology that some companies have adopted. Tata Steel is lacking in this area. Tata Steel has failed to adopt new technology to lower cost, improve production, and improve employee safety standards. Procurement philosophy of its subsidiaries The largest subsidiary of Tata Steel, Corus, has high exposure to spot prices and a higher operational gearing among the larger European steel companies. Hence it has the risk of volatility associated with pricing, one of the key elements in determining profitability of a commodity company. Opportunities Competitive position Tata Steel is the second largest producer of steel in India and the sixth largest producer in the world. Over the years Tata Steel has been acquiring various steel companies around the world, the latest being Corus. There is a lot of room for Tata to grow and further establish itself as a perennial power in the global marketplace. Technological advances Tata Steel has shown immense integration abilities in the past. With the acquisition of Corus it has been able to integrate the high end technological knowledge into its production facilities. The company has also been able to produce high quality steel at lower prices and significantly improve its operating margins. Infrastructure opportunities India has geared up for rapid expansion in the field of infrastructure. The Government of India (GOI) has earmarked Rs. 1, 70,000 crore for infrastructural spending for the fiscal year 2010- 2011 and the trend is set to escalate up to the fiscal year 2025 when India is slated to become the third largest economy in the world. Further many private players either independently or by undergoing public private partnerships (PPP) has also come into the fray. The consumption of steel has been steadily increasing with the rapid investment in the infrastructure and real estate projects. The annual steel production of India has touched 200MT and according to governments steel policy is expected to touch around 250 MT by 2013-2014. The demand for Indian made steel is escalating overseas out of the 200 MT of steel currently produced in India around 50% of it is exported. In the first six months of the fiscal year 2009-2010 the Indian steel export almost doubled to 9. 3MT from 4. MT in the same period the previous fiscal year. The country’s iron ore exports during April-October 2009 period grew 20 per cent over the year ago period to 53 million tons. Accounting practices India’s accounting regulations does a disservice to many of the companies who operate globally. Because of the reporting regulations, Tata Steel has a liability on its balance sheet that realy doesn’t exist. The currency conversion rules hinders Tata Steel from putting together a balance sheet that reflects its actual holdings and activities. Tata Steel has an opportunity to help change the accounting standards in India to allow companies to report their financial activities accurately so that shareholders will have an accurate view of the financial position the company is in. Demand for steel The demand for steel is on arise both domestically and internationally as a result of the enhanced focus upon infrastructural development. Secondly with other steel projects of international giants POSCO, ARCELOR MITTAL stalled due to land acquisition problems the prices of steel are slated to soar. In the month of April 2010 the steel prices were increased by Rs. 2500/ton and this is just the brink of the U-Shaped economic recovery and the prices are slated to rise further in the near future. Acquisitions In the aftermath of the financial crisis various mineral assets are available globally at a price which is just a fraction of their prime value. The government of various countries has been putting up coal blocks under the hammer. Tata Steel has been very active in the asset acquisition space and has bagged various coal blocks in Asia, Africa etc. which is essential for its security of raw materials. Threats International competition Companies like the Indian Steel magnate Lakshmi Mittal’s Arcelor Mittal and Posco have landed on the shores of India. These are amongst the largest steel producers in the world and have a high chance of eating into the market share of Tata Steel. Indian market is also plagued with cheaper Chinese made steel which is ubiquitously available and is significantly digging into the market-share of all Indian steel makers including Tata Steel. Down Economy Tata Steel has a very large debt of 9. 8 billion USD on its books and has a huge interest burden. With the volatility of the financial markets and the tightening of credit and liquidity by the banks, interest rates are slated to go up and would further increase the interest burden of the company. Regulatory issues in India The government of India has chalked a strict norm for the clearance of a plant through environmental impact assessment (EIA). To get clearance from the concerned authority demands more than eight months thus leads to delay and project cost escalation. Albeit the governments’ steel policy has been pro industry in order to increase the steel capacity at a brisk pace.

Saturday, February 22, 2020

Genetics Problems Coursework Example | Topics and Well Written Essays - 1000 words

Genetics Problems - Coursework Example The gene for fur color distribution is however co-dominant. This gene, S, has two alleles, S1 and S2; S1S1 animals have stripes only; S2S2 animals have spots only; and S1S2 animals have both stripes and spots. The S gene cannot be expressed in white rabbits. 4. A woman XBXb, IA_ whose father was color blind (X-linked, recessive) and who has type A blood has accused a man who is himself color blind XbY, IB_ of fathering her child. The accused man has type B blood. For each of the following cases, indicate whether or not the man might be the father. Explain your answer by including the genotype of the child and demonstrating how that genotype could be produced. 5. In Siberian Huskies base fur color is represented by black & white fur BB, tan/yellow & white fur Bb, and white only fur bb. Siberians all posses two style of fur wire hair (W_) and smooth (ww). What would the genotype and phenotype frequencies be for a true breading white smooth husky with a black/white fur with heterozygous

Thursday, February 6, 2020

Gang Essay Example | Topics and Well Written Essays - 1000 words

Gang - Essay Example Meetings and gatherings with the police department and the community members to talk about and enlighten the community members on the effects of crime. The members of the community get to have information on how to identify the criminals and how to report to the relevant authorities. The members need to know that it is their right to stay safe and secure all the time. Gang Resistance Education and Training program, one of the best known educational-based prevention programs. Developed by bureau of Alcohol, Tobacco, Firearms and explosives in conjunction with the local police. This program consists series of lessons for the community and students that include skill development to help resist gangs and gang membership, avoid involvement in crime and learn the dangers associated with crime and gangs. The program is effective in developing positive attitudes towards the police and negative attitudes toward involvement in gangs and crime. Children have always learned how to act in the real world from the stories they hear, mass media contributes significantly to their behaviors. If the stories children see involve violence as a solution to problems, they are most likely to exercise violence to solve problems and challenges they face in the real world. The parents of the children can take charge to change how the children behave through either the following ways. Reduce exposure to media violence. If children watch movies, television less and less randomly, the chances of them seeing violence will be very minimal. Setting limits on how much the children watch and setting guidelines on what they watch can help accomplish reduction to exposure to media violence. Parents may consider adding positive programs while limiting negative ones. Another way to control is by establishing guidelines to media other than television, including video games, magazines, movies, comic books and videos. Change the