Monday, August 24, 2020

IT Infrastructure Management for Analytical - myassignmenthelp

Question: Talk about theIT Infrastructure Management for Analytical and Logical. Answer: Data innovation IT represents the data innovation. Data innovation alludes to as the utilization of frameworks (media transmission and PCs) for recovering, putting away, and sending data. IT is considered as a subset of Information and correspondence innovation (ICT) ( Lloyd, 2017). IT assumes a significant job in setting up my vocation. In its field, a business might want to utilize an individual who has aptitudes, for example, specialized, affable, meticulous, lively, imaginative, expository, and intelligent. The organization needs to delegate the representatives who can deal with specialized issues. IT causes in increasing the value of my CV, by containing the specialized abilities, for example, C/C++, Flash, Linux, OSX, and Python in my CV will make the questioner dazzled. I accept that on the off chance that I have some specialized abilities that I can get arrangements in IT fields as well as at various headings. The business procedure incorporates set of exercises that state how business undertakings are performed. At the end of the day, it's a route through which association composes and arrange work exercises. IT robotizes manual business exercises and makes an association progressively effective. The organization can perform task at the same time as opposed to sitting around idly by performing individually task (Harmon, 2014). IT can drive new plan of action which is unimaginable without the innovation. The exercises will be effectively connected with the assistance of innovation. Procedures arranged at various plans can without much of a stretch be connected with its utilization. For instance Organization activities arranged at better places can do gatherings and gatherings for making arrangements and approaches for the organization. A portion of the rising advances which are utilized by the associations incorporate Artificial knowledge, 3D printing, Gene treatment, Nanotechnology, Robot ics, Cancer antibodies, In vitro meat, and Stem cell treatment. Associations are changing from old advances to the developing innovations that can improve the productivity of the organization. Endeavor design alludes to as the reasonable outline that portrays the tasks and structure of an association. At the end of the day, it is proactive that is utilized for directing undertaking investigation, structure, arranging, and execution (Zarvic, Wieringa, 2014). The job of engineers is to monitor the IT concerns issues in the business. There are sure dangers related with the execution of another data framework. To start with, comes Security: - When the new data framework is set up, an organization need to guarantee that there is adequate IT security identified with the data, equipment, information, applications, records and so on. Framework update-There is a hazard in an execution of the new framework that the staff doesnt adjust the progressions much of the time (Saxe, 2014). However, workers get the extent of finding out about innovation. Clients need to comprehend the framework. Down time is the developing danger which for the most part happens while execution of the new fra mework. Moving to the new innovation intends to close down of the old innovation as a result of which representatives won't have the option to work. This prompts loss of the organization, so an organization needs to take restorative measures to diminish the effect on profitability. References Harmon, P. (2014). Business process change. Morgan Kaufmann. Lloyd, I. (2017). Data innovation law. Oxford University Press. Saxe, M.D. (2014). Surveying hazard while overhauling IT frameworks. Seen on fourteenth August 2017. https://www.saxonsgroup.com.au/blog/tech/surveying hazard while updating it-frameworks/ Zarvic, N., Wieringa, R. (2014). An incorporated undertaking design system for business-IT alignment.Designing Enterprise Architecture Frameworks: Integrating Business Processes with IT Infrastructure,63.

Saturday, August 22, 2020

Politics of Poverty and Social Welfare Policy Essay - 1

Legislative issues of Poverty and Social Welfare Policy - Essay Example Additionally, class, state and race have offered shape to the manner in which political entertainers carried on inside and outside the administration prospects and cutoff points of state activity in the United States. In the early American history destitution exuded from the procedures of movement, success, and the implemented work that had went with the settlement of Europeans in North America along these lines the establishing of United States. O’Brien( 9) contends that universal advancement has been coordinating its endeavors in worldwide legislative issues of mitigating destitution concentrating on poor people and looking for approaches that would lift them out of the subjugation of neediness, be ensured and later be redressed. This talk needs to clear route for the worldwide legislative issues of government assistance state remaking concentrating on the partnerships that are required to be there between poor people and the non-poor. The worldwide neo-progressivism social strategy has been confronting difficulties in the ongoing occasions to the degree of being viewed as leftover security net methodology. The World Bank, IMF and other guide organizations are being entrusted with disintegrating the imperfect supposition that issues identified with destitution could be explained without handling the issue of value, social incorporation and the states’ job in empowering advancement ventures to benefit every single social gathering. This is on the grounds that they used a progressively administrative and mandate position in forcing market standards on the creating countries that are considered as poor. The â€Å"Washington Consensus† on global improvement during the 1990s was a section of the American government assistance change during the 1990s. In the ongoing occasions the countries that are as yet creating have been obliged to grasp the neoliberal-paternalistic arrangements for managing their own networks that are devastated (E. O'Brien , p.20-22). The greater part of the government assistance states in Europe were worked for the laborers and not really the poor pleasing the requirements of the white collar class by arrangement of administrations that they would be prepared to settle charges. In Latin America and Africa, import replacement and state drove communist post pioneer advancement individually brought about undeveloped halfway government assistance states. These state lead procedures of improvement were tested and later pulverized during the basic time of changes. In this manner, to reduce the issue of destitution we should guarantee the nation has advanced education, essential and city emergency clinics along with provincial facilities, wage related benefits, social annuities just as move of money to poor people. Be that as it may, somewhat an attention on the poor subverts the responsibility of the white collar class to make good on charges (E. E. O'Brien, p.10-12). Guideline of regular workers in the pu blic eye which Pierre Bourdieu called, â€Å"the left hand† of the state is represented by general medicinal services, instruction, standardized savings, social lodging and social help is being obsolete in the United States or enhanced in the Western Europe by a decision through its â€Å"right hand† where the courts, the police, and the jail framework re bit by bit getting dynamic and meddling in the social spaces’ lower locales. Most governments are attempting to undermine the new authenticity of activists and â€Å"active minorities† inside developing social developments that is gained through the day by day battles so as to forestall further

Saturday, July 25, 2020

readmission

readmission Ive been gone  for a while, but Im coming back! Withdrawing from MIT  to work for Amazon for a semester meant that quite suddenly, I had a lot more time on my hands than I was used to. I went to one of those competitive high schools, ran the college-admissions rat race, and kept running when I got to MIT. I took 72 units my sophomore fall (counting Unified Engineering), probably the most stressful semester of my life. I was lucky enough to have good friends and a strong community to support me during that time. When the opportunity came to spend a semester away from MIT working in industry, I jumped at the chance to take a break from school. The withdrawal/readmission process is fairly straightforward; you meet with a dean at S3 (they are wonderfully nice people. they will give you hugs.) and talk about why youre withdrawing, what your plan is for the time youre away, and what the expectations are for your readmission. Then, when youre ready to come back, you email your dean at S3 and your academic advisor, and theyll help you fill out a readmission application (which involves a personal statement, a plan for finishing your degree, and reference letters from your employers and/or doctors, as the case may be). I had to worry about a lot of things I didnt have to worry about while I was at school. Those things included: buying groceries, cooking for myself, paying bills on time, maintaining long-distance friendships, and actively cultivating a social life (so much harder when you dont live in a building full of friendly people your age). I also had a chance to do lots of things I failed to do while at school, such as: sleep every night, not fall asleep during the day, eat regularly, exercise regularly, explore my city, read books, watch Julianne Moore movies, write letters and poetry, maintain work-life balance. Its safe to say Im a different person than the one that left MIT. Id like to think Im more comfortable in public (and non-MIT) settings. I understand better what I finding meaningful and what I dont. I know how to treasure (and defend) my silence, my solitude, and my friendships. Its remarkable how much you discover about yourself when you allow yourself to contemplate, to feel deeply, to be lonely, to think about your life and your beliefs and be confused. Perhaps school does not encourage this, muchyou cant put I think about my feelings a lot on your resumebut nevertheless it is important to know yourself, and who you are in isolation, as we charge forward with our lives. Many of the friends I made at work were MIT alums, class of 2014 or 2015, and in them I saw brief glimpses of my future. They were settling in, as freshly-minted Real Adults do, buying furniture and finding friends, working hard at money-making and growing older. I dont think you really see what thats like in a two-month summer internship; by the time youre settled in, youre about to leave. But weeks pass, and at the three- or four-month mark you begin to see how this new life has affected you, and you think about the person youve become and whether or not you like it. Hearing their regrets and memories and advice has been impossibly valuable, and Im incredibly grateful for their friendship. Im moving back to East Campus, this time on fifth west, and am nervously anticipating the thrill of new places and new friends. I am hopeful that this semester will be better than the ones before it, for my learning as well as for my health and heart. Taking a break from MIT has been a great privilege, one Im aware is not an option for everyone. But if you are a few semesters through school and find yourself unsure of yourself, and find the opportunity to be away for a while, I recommend you seriously consider it. That kind of time is both valuable and formative, in ways that are hard to predict and impossible to quantify. Five poems from my time away. 6/20/2015: jupiter and venus did not ride, nor did they orbitthey walked slowly, when they met for their scheduled rendre-visite friday afterevening flashes of quiet, a touch, old-school; a bang of thunder on the west horizon, hair and wind and night dew with strangers to passers who asked how? one answered we climbed the other, we flew, navigating the spaces between a restless sunset and a starry night 9/17/2015: fast heartbeats, anxious music, soft and round and oddly cornered art in strange bodies, dancing around the shower-room-floor, living sculpture, animated feather-rock song and mixed media, found re-up-cycled, shelleys monster collaged and confused and purposelessly led to sunrise 9/26/2015: curious blinking red in the horizon darkness narrow lamps, strange food for a four-foot floor-rollers radio-static contemplation disconnected words and white noise, suspense, thumpa-thumpa down the street and straws grasping fishhooks, the pope speaks and the speaker goes mute; i shirk responsibility and sleep until five 12/31/2015: common threads tie old-new friends, bundles and kindling, twenty-one tree rings circle our hearts, some thick, some wispy; odd mercies sing medicine. we sleep lonely in our beds, swaying slow-dances with the midnightly hours. suns set on empty playgrounds. i walk the chaparral brush, hand-in-hand with a dust-haired friend. i talk in bad chinese. its quiet uptown. we miss the ones we love, and hurt, while slow threads bind us to the unimaginables. 1/14/2016: it is dark-early, cant-tell-if-its-one-or-six early, i wake from my floor-bed and find my friend has sent me sad poetry, nostalgic filters and slow-churning gravel, and lifetimes of slow lostness, and an actor of antagonists and a glam-rock starchild have died, and the friend i do not like anymore did not come to my party, and my furniture is bared for sale i peek into other peoples coziness. how do they eat? how do they love? how many of them also lie awake and read sad poetry and miss company-in-darkness, and feel the slow-churning gravel in their legs?

Friday, May 22, 2020

Being A Small Business Owner - 932 Words

Being a small business owner, the success of my business relies very heavily on my employees’ behavior as well as their performance. Since opening my business, it has been a struggle to keep the balance between loosey-goosey and overbearing manager. There must be a proper balance to ensure that the employees are performing where I need them to be but also encourage them to continue to grow with the company as well as, make our customers happy with our service to maintain long standing relationships. Along the way, I have learned that there does need to be a standard practiced by management to keep employees motivated and that their actions are in-line with the company’s values. In my business, I have learned that one thing that turns things around is to use discipline to encourage ethical behavior and performance. I do not have the ability to watch over my employees every move to ensure that everything is being done properly; they have a lot of freedom and with that freedom comes a lot of trials and errors that need to be addressed to prevent problems from growing out of control. When I first started by business, the idea of punishment was something I didn’t want to consider, I wanted to be everyone’s friend. Just as Managing Business Ethics: Straight Talk About how to do it Right stated â€Å"managers are often told to avoid punishment and to rely on reqards as much as possible because of a belief that employees will automatically react badly to punishment† (Trevio Show MoreRelatedBeing A Small Business Owner Can Be Costly For You And Your Business1702 Words   |  7 PagesBeing a small business owner can be very demanding, and most entrepreneurs know that running a small business can be a juggling act, often spreading themselves thin performing many different jobs during the course of a single day. With the primary responsibility for the success of their business resting on their shoulders, they know that better time management is key Don’t say you don’t have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur,Read MoreSmall Business Analysis Essay1326 Words   |  6 PagesSmall Business Analysis LDR 531 Organizational Leadership Small Business Analysis The Small Business Administration of the United States federal government defines as a small business â€Å"†¦as one that is independently owned and operated, is organized for profit, and is not dominant in its field (SBA, 2012).† In the area of â€Å"services†, although there is mostly no limit on how many employees form part of the business, annual receipts may not exceed $2.5 to $21.5 million depending on the typeRead MoreAre Small Businesses Dependent On The Presence Of The Owner?857 Words   |  4 PagesDilemma 6 Are small businesses dependent on the presence of the owner? There are plenty of small business arising in the market. But does the success of the busssiness rely solely upon the owners? Can they not trust their employees to carry out the task needed in order to keep the business running properly? This is the question we will be addressing in this dilemma. is it really necessary for the owners to be on the premise at all times? Are personality cults created in small businesses? Is itRead MoreHow to Use Social Media for Small Business Essay1229 Words   |  5 PagesKim, 2012). In the recent study conducted by LinkedIn, 94% of small businesses use social media as a marketing tool and 49% use it for research to grow business (Weiss, 2014). The social media maybe cheap but it is not easy to implement. Many small business owners still hesitate to implement it because of lack of knowledge. Small business owners also fear the cost of time to be invested in social media. Implementing social media in business requires operational, technological, and cultural changes.Read MoreThe Business Structures Of The United States1729 Words   |  7 Pagesthe modern day business structures which are utilized by all producers in order to obtain a successful and profitable business. The most popular business structures in today’s market economy are sole proprietorship, partnership, corporation, and Limited Liability Company. These business structures are the most popular business structures in the United States due to their great amount of success, but they all have their own positive and negative qualities. When founding a new business, there is alwaysRead MoreThe Business Of Americ The President Of The 1920 S1725 Words   |  7 Pages Calvin Coolidge the President in the 1920’s, otherwise known as the roaring 20’s said that â€Å"the business of America is business.. It’s safe to say that â€Å"business† for the first 100 years of founding our country was small business. 90 percent of Americans had fewer than 20 employees, but the businesses in America had almost no choice but to be a small business, due to lack in transportation, marketing, and banks weren’t big enough to support big businesses at the moment. Americans though preferredRead MoreCorporate Governance Practices Of Small Businesses1272 Words   |  6 Pagesgovernance practices of small businesses in Australia? Compare and evaluate the role of owners and managers. Business is an economic activity, which is associated with systematic production and allocation of goods and services that gives better satisfaction for human being. Generally, business play the major role to develop the social and economic condition of Australia. There are different types of business such as Small business, Franchise, Online business, Family business, Independent contractorRead MoreBusiness Management : Marlin Will Launch A Monthly Webinar Series939 Words   |  4 Pages MEMORANDUM To: Russell Walraven, Marlin Business Services From: The Wilbert Group RE: Webinar Topics for February-April Date: January XX, 2015 Overview Marlin will launch a monthly webinar series starting in February regarding various topics relevant to small business owners. Wilbert will facilitate the webinar, with Russell Walraven acting as a small business expert providing information on prearranged topics and answering queries. Additionally, other key leaders at Marlin are welcomeRead MoreMicroeconomics: The Foundation behind Small Businesses1130 Words   |  5 PagesMicroeconomics: The Foundation behind Small Businesses Small business are said to be the backbone of the United States economy. It said that small businesses contribute to growth and vitality in the specific area of the United States economic development. Small businesses play a huge role in how the business world is shaped. Entrepreneurs are smart, creative and innovative however, those same entrepreneurs need to have some knowledge that the study of microeconomics focuses on. With the studyRead MoreBusiness Analysis : Sole Trader1056 Words   |  5 Pagesportray any business that is owned and managed by a single person, although sole traders employ employees. The owner is normally the person that is liable for the businesses decisions - The firms are generally small and in most circumstances is easy to setup. - Sole Traders normally only require a small amount of capital to be invested and this reduces the initial start-up cost. - Monthly wages are often low as there is only a few or no employees. - This type of business is easier to

Friday, May 8, 2020

Jean Piaget Essay - 2046 Words

Jean Piaget Introduction Now known as one of the trailblazers of developmental psychology, Jean Piaget initially worked in a wide range of fields. Early in his career Piaget studied the human biological processes. These processes intrigued Piaget so much that he began to study the realm of human knowledge. From this study he was determined to uncover the secrets of cognitive growth in humans. Jean Piaget’s research on the growth of the human mind eventually lead to the formation of the cognitive development theory which consists of three main components: schemes, assimilation and accommodation, and the stage model. The theory is best known for Piaget’s construction of the discontinuous stage model which was based on his study†¦show more content†¦Another big moment came in the from of a book. Piaget names Henry Bergson’s L’Evolution Creatrice as the most influential piece of writing he has ever read in his adult life. From this book Piaget developed a desire for b iology to go along with his existing interest in philosophy, epistemology to be exact. Piaget stated in his first two books that he had ambitions of constructing a structure that addressed the basic questions of epistemology. However, Piaget’s strong initial interest in philosophy declined somewhat when he discovered that the philosophers did not really know any factual answers to questions that have plagued humanity. Piaget now became equally interested in biology and epistemology. This dual interest attracted him to psychology, yet he still was unsure of what direction he should take in his career. It was not until Piaget traveled to Paris to hear his favorite writer of the time, Bergson, that he began to get an idea of what he wanted to do. There Piaget met James M. Baldwin who would motivate him and teach him the importance of imitation and of reversible operations. Both of these qualities would play a key role in the formation of Piaget’s development theory . However, Piaget’s major turning point came when the co-worker of the late Alfred Binet, Dr. Simon, requested that heShow MoreRelatedjean piaget1284 Words   |  6 Pagesï » ¿Jean Piaget Jean Piaget (1896 - 1980) was employed at the Binet Institute in the 1920s, where his job was to develop French versions of questions on English intelligence tests. He became intrigued with the reasons children gave for their wrong answers on the questions that required logical thinking. He believed that these incorrect answers revealed important differences between the thinking of adults and children. Piaget (1936) was the first psychologist to make a systematic study of cognitiveRead MoreJean Piaget775 Words   |  4 PagesJean Piaget was a theorist who studied child development; one of the many aspects of early childhood Piaget studied was preoperational thinking. Preoperational thinking usually occurs from ages 2 through 7 according to Piaget. It’s when a child is not able to think logically and perform activities that require logic. In other words, a child is not yet ready at this stage, to reason many situations. Piaget created many experiments that could help educators observe and detect the stages and levelsRead MoreJean Piagets Theory1170 Words   |  5 Pagesthat of Jean Piaget and his theories on the cognitive development stages. Jean Piaget was born in Neuchatel, Switzerland, where he studied at the university and received a doctorate in biology at the age of 22. Following college he became very interested in psychology and began to research and studies of the subject. With his research Piaget created a broad theoretical system for the development of cognitive abilities. His work, in this way, was much like that of Sigmund Freud, but Piaget emphasizedRead MoreJean Piaget Essay1593 Words   |  7 PagesJean Piaget was a major contributor to the world of psychology and sociology that we know today. His works and discoveries still help sociologist determine and figure out ways people in society interact and develop throughout time. Piaget was born on August 9, 1896 and was raised in Neuchà ¢tel, Switzerland (Boeree n.d.). His family was very influential to his success. His father was a historian that authored many writings on the medieval times, and his mother was very intellectual and kind, howeverRead MoreJ ean Piaget Essay403 Words   |  2 PagesJean Piaget  · He was famous for working out a universal sequence of stages of cognitive development  · Notable for his idea that children (and adults) are continually generating theories about the external world  · He set out stages for when certain new aspects of generating theories; 1. Sensorimotor stage: which occurs from birth to age two (Children experience through their senses) 2. PreoperationalRead MoreJean Piaget And Marie Montessori1124 Words   |  5 Pagesbiography of Jean Piaget and Marie Montessori. In addition to a biography it compares and contrast the two educators. One was more focused on the development of children, while the other specialized in the way children learn. They both were crucial components in the development of how teachers and professors educate their students regardless of their age. There are many people that have made a great impact on education throughout history. Two of the more prominent educators are Jean Piaget and MarieRead MoreJean Piaget And Lawrence Kohlberg892 Words   |  4 PagesAs you aged, did you ever notice that your understanding of right and wrong principles changed? According to psychologists Jean Piaget and Lawrence Kohlberg it should have. Individually the two psychologists have made remarkable discoveries on how children develop and use their moral development. Jean Piaget, grew up in Switzerland in the late 1890’s and early 1900’s with his father, who was a dedicated historian. Around Paget’s early twenties he had the privilege of working with many influentialRead MoreEssay on The Theories of Jean Piaget752 Words   |  4 PagesThe Theories of Jean Piaget This essay is about Jean Piagets theory. Piagets theory has two main strands: first, an account of the mechanisms by which cognitive development takes place; and second, an account of the four main stages of cognitive development through which children pass. Piaget suggested that there are four main stages in the cognitive development of children. In the first two years, children pass through a sensory-motor stage during which they progressRead MorePsychology: Jean Piaget Essay1598 Words   |  7 PagesJean Piaget, a cognitivist, believed children progressed through a series of four key stages of cognitive development. These four major stages, sensorimotor, preoperational, concrete operational, and formal operational, are marked by shifts in how people understand the world. Although the stages correspond with an approximate age, Piaget’s stages are flexible in that as long as the child is ready they are able to reach a stage. In kindergarten, many of the stages of both sensorimotor and preoperationalRead MoreJean Piaget And Albert Bandura946 Words   |  4 Pageswould be Jean Piaget and Albert Bandura and how their theories fit into the developmental process. Both are great contributors to the field of psychology due to their theories on cognitive development. There are some similarities and differences between Albert Bandura’s Social learning theori es with Piaget’s cognitive theory in term of ideas and subjects that were used. Jean Piagets was one of the most recognized and influential developmental psychologist in the 20th century. Jean Piaget was born

Wednesday, May 6, 2020

Factors affecting customer behaviour Free Essays

Cultural Culture Is one of the most fundamental of determinant of a person’s wants, needs and behavior (determined mainly by countries- wants, needs and behavior of a Japanese differs greatly from an American) Sub-culture consists of smaller cultures within cultures. It provide a specific identification and solicitation for its members. Sub-cultures includes nationalities, religions, racial groups, etc. We will write a custom essay sample on Factors affecting customer behaviour or any similar topic only for you Order Now (The Silver market differs greatly from the Gene X or Y market in their wants and needs and where they hop) Social classes show distinct product and brand preferences. Examples are: upper Uppers, Lower uppers, Upper Middle, Lower Middle, Middle Class, Working Class, Upper Lowers and Lower Lowers. (Giordano vs†¦ Airman Exchange, BMW vs†¦ Cherry Q, Fine Dinning vs†¦ Food Courts) Social Reference Groups influences the person’s behavior (peer groups in schools determine how one should wear in school). One may be a member of the reference group or not. (Students may dress In a manner that Is consistent with a reference group he/she does not belong to) Family members constitute the Influential primary preference group. A person may acquire an orientation towards a set of values that are consistent with that of the parents or siblings. (a place of worship that a person goes to) Roles and statuses influences the buying behavior of the individual. People choose products that communicate their roles and statuses. (A senior manager may drive a Mercedes car) Personal Age and Life-cycle stage influences the buying decisions of individuals. A fresh graduate may not see the importance of buying a home vs.. Newly-weds. Newly-weds with no children may prefer a sporty car vs.. A sedan for a family with young children. Couple whose kids are Independent and have families of their own may have more leisure time to take more and longer holidays. Occupation Influences one’s needs and wants. A blue-collar worker may volt neighbor malls, whereas a white-collar worker may volt an upscale boutique for working clothes. Economic Circumstances greatly affect one’s choices. A holiday becomes unimportant when one faces economic uncertainties. Lifestyle determines a person’s pattern of living in the world, as expressed by the person’s activities, interests and opinions. One may choose a emote vacation spot while another may choose a vacation with a planned itinerary. Personality and self-concept. One may possess certain traits such as self-confidence, autonomy, deference, sociability, defensiveness and adaptability. One may choose to wear only certain brand of clothes from an obscure designers, and is not bothered by the influences others may have on him/her. Psychological Motivation- where is one on the Mascots Hierarchy of needs. One who Is trying to feed his family might pay little heed to the latest sports car. Perception- People perceive different situations differently. One might be wary of a fast-talking salesperson as an aggressive and Insincere person, whereby another may deem him to be a confident and knowledgeable, intelligent and helpful. This can be attributed experience. A person may decide to purchase a similar brand of car if he enjoy a positive experience. This is one reason why marketers are willing to let consumers â€Å"try’ their products, hoping that they will enjoy a positive experience. Beliefs and Attitudes- Through experience and learning, one may hold certain beliefs and attitudes that a product can deliver. A Mercedes Benz driver will never own another brand of car. How to cite Factors affecting customer behaviour, Papers

Monday, April 27, 2020

Karachi Stock Exchange free essay sample

There are 3 major financial markets in Pakistan. 1. Karachi Stock Exchange Karachi Stock Exchange is the biggest and most liquid exchange and has been declared as the â€Å"Best Performing Stock Market of the World for the Year 2002†. As on October 31,2004 661 companies were listed with the market capitalization of Rs. 1478. 56 billion(US$ 24. 12 billion) having listed capital of Rs. 396. 37 billion(Us$6. 47billion). KSE has been well into the 3rd year of being one of the â€Å"Best Performing Markets of the World† as declared by international magazine â€Å"Business Week†. Similarly the US newspaper, USA today termed KSE as one of the â€Å"Best Performing Bourses of the World. † KSE began with a 50 shares index. As the market grew a representative index was needed. On November 1, 1991 the KSE-100 was introduced and remains to this date the most generally accepted measure of the Exchange . The KSE-100 is a capital weighted index and consists of 100 companies representing about 84% of the market capitalization of the Exchange. We will write a custom essay sample on Karachi Stock Exchange or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In 1995 the need was felt for an all share index to reconfirm the KSE-100 and also to provide the basis of index trading in future. On August 29, 1995 all share index was constructed and introduced on September 18, 1995. In 1997 for the first time computer based trading was started in KSE in some selected scripts under KATS. 2. Lahore Stock Exchange Lahore Stock Exchange (Guarantee) Limited came into existence in October 1970, under the Securities and Exchange Ordinance, 1969, of the Government of Pakistan in response to the needs of the provincial metropolis of the province of Punjab. It initially had 83 members and was housed in a rented building in the crowded area of Bank Square in Lahore. The number of members has increased from 83 to 650 over a period of 25 years. Lahore Stock Exchange has opened branches in the industrial cities of Faisalabad and Sialkot for trading. 3. Islamabad Stock Exchange Islamabad Stock Exchange is the youngest of the three stock exchanges of Pakistan. It was incorporated on October 25, 1989 and it became fully operational on August 10, 1992. At present there are 104 members out of which 39 are corporate bodies including commercial and investment banks, DFIs and brokerage houses. The other 65 Members are individual persons. At the moment  there are 264 companies/securities listed on the Exchange with an aggregate capital of Rs. 225409. 110 million. The market capitalization stood at  Rs. 476747. 478 million as on 07-08-2003. In comparison with major financial markets around the World, the functioning of capital market in Pakistan is still very much in its infancy and lacks advanced technology. Financial Instruments Being Traded In These Markets There are 11 types of financial instruments being traded in the financial markets in Pakistan:- 1. Term Finance Certificates (TFC’s) 2. Pakistan Investment Bonds (PIB) 3. Treasury Bills 4. Foreign Exchange bearer certificates 5. Defense saving certificates 6. Modaraba certificates 7. Commercial papers 8. Bankers Acceptance 9. Preferred stock 10. Common stock 11. Participation term certificates(PTC) Karachi Stock Exchange o KSE began with a 50 shares index. As the market grew a representative index was needed. On November 1, 1991 the KSE-100 was introduced and remains to this date the most generally accepted measure of the Exchange. The KSE-100 is a capital weighted index and consists of 100 companies representing about 90 percent of market capitalization of the Exchange. o In 1995 the need was felt for an all share index to reconfirm the KSE-100 and also to provide the basis of index trading in future. On August 29, 1995 the KSE all share index was constructed and introduced on September 18, 1995. o Karachi Stock Exchange is the biggest and most liquid exchange in Pakistan and has been declared as the â€Å"Best Performing Stock Market of the World for the year 2002†. As on March 31, 2006, 663 companies were listed with the market capitalization of Rs. ,257. 062 billion (US $ 54. 28) having listed capital of Rs. 486. 489 billion (US $ 8. 11 billion). The KSE 100 Index closed at 11485. 90 on March 31, 2006. o KSE has been well into the 4th year of being one of the Best Performing Markets of the world as declared by the international magazine â€Å"Business Week†. Similarly the US newspaper, USA Tod ay, termed Karachi Stock Exchange as one of the best performing bourses in the world. Decade-wise Progress: | |1950 |1960 |1970 |1980 |1990 |2000 | |Listed Companies (No. |15 |81 |291 |314 |487 |762 | |Listed Capital (Rs. in million) |117. 3 |1007. 7 |3864. 6 |7630. 2 |28056. 0 |236458. 5 | |Market Capitalization (Rs. in million) |NA |1871. 4 |5658. 1 |9767. 3 |61750. 0 |382730. 4 | Growth Progress: Today KSE has emerged as the key institution of the capital formation in Pakistan with: Listed companies 661, securities listed on the exchange 698: ordinary share 661, Preference shares 9 and debt securities (TFC’s) 28. Listed capital Rs. 396365. 67 million (US$ 6464. 94 million. ) Market capitalization Rs. 1478560. 93 million (US$24116. 15 million). Average daily turnover 341. 09 million shares with average daily trade value Rs. 16516. 28 million (US$ 269. 39 million). Membership strength at 200. Corporate Members are 106 out of which 9 are public listed companies. Active Members are 157. Fully automated trading system with T+3 settlement cycle. Deliveries through central depository company. National Clearing and Settlement System in place. KSE-100 Index: The primary objective of the KSE100 index is to have a benchmark by which the stock price performance can be compared to over a period of time. In particular, the KSE 100 is designed to provide investors with a sense of how the Pakistan equity market is performing. Thus, the KSE100 is similar to other indicators that track various sector of the Pakistan economic activity such as the gross national product, consumer price index, etc.