F. Scott Fitzgerald Essays (1169 words) - F. Scott Fitzgerald

F. Scott Fitzgerald Francis Scott Key Fitzgerald once said Mostly we authors must repeat ourselves?that's the truth. We have two or three experiences in our lives? experiences so great and moving that it doesn't seem at the time that anyone else has been so caught up (de Koster n. pag.). Fitzgerald's works contain many themes that are based from experiences in his life. Many of these experiences he talks about were with the women in his life. People like his mother, Ginerva King, and Zelda Sayre all had major impacts on Fitzgerald. The women in F. Scott Fitzgerald's life influenced his writing in a number of ways. The first major woman to make and impression on Fitzgerald's life was his mother. Mary (Mollie) McQuillan was of Irish decent. Her parents were Irish immigrants who became rich as grocery owners in St. Paul (Bruccoli 1). Mollie inherited a fair amount of money from her family, but the family had difficulty maintaining the high standard of living they were accustomed to (Bloom 11). When they fell into financial trouble it was her father they turned to. The fact that Fitzgerald's mother, rather than his father, was the financial foundation for their family influenced Fitzgerald greatly. Even as a young boy he was aware of this situation. The theme that arose from this about a wife's inherited money appears frequently in Fitzgerald's writing (Magill 679). When the Fitzgeralds fell into financial trouble, the family had to depend on Mollie's family's money. When times like that came Mollie abandoned the attempt to Tarleton 2 keep up her personal appearance (neglecting both grooming and fashion), which embarrassed her fastidious son. Scott later recorded a dream in which he admitted being ashamed of her (de Koster 15). Furthermore, Fitzgerald's attitude toward his mother influenced him as a person. Because two of Mollie's children had died before Fitzgerald, she was very protective of him. She often worried about his health and babied him. But her attempts to spoil him strengthened his distaste for her (de Koster 15). She wanted her only son to have social ambition (Brief Biography 1). Fitzgerald's negative description of her in An Author's Mother where he describes her as a halting old lady in a preposterously high-crowned hat reveals his feelings (de Koster 15). Fitzgerald was affected by all these emotions towards his mother in his personality and his work. Another influence on Fitzgerald was his first love, Ginerva King. He met the 16-year-old during his sophomore year at Princeton and immediately fell in love (de Koster 19). She matched his dreams of the perfect girl: beautiful, rich, socially secure, and sought after. The last qualification was important. His ideal girl had to be pursued by many men; there had to be an element of competition (de Koster 19). His pursuit of Ginerva changed his attitude and personality. Characters based on her began to show up in his writing. The first time Ginerva shows up in one of Fitzgerald's works is in a short story called The Pierian Springs and the Last Straw. Mathew Bruccoli explains: Tarleton 3 The story develops a major theme in Fitzgerald's fiction: the gifted man ruined by a selfish woman. The hero a scandalous middle-aged novelist who lost his Ginerva as a young man and never got over it. When he marries her after she is widowed, he stops writing. Much of Fitzgerald's fiction would take the form self-warnings or self-judgements, and this story is the first in which he analyzed the conflicting pulls of love and literature. The girl is the writer's inspiration... (de Koster 19). The woman in his life at the time he was writing was his major influence. In the story Winter Dreams, Dexter (meant to be Fitzgerald) pursues Judy Jones in Minnesota (fictionalized Ginerva in Illinois) (Kuehl 66). This theme about a man pursuing a woman shows up many more times in his works. In fact, the heroine in This Side of Paradise, Rosalind, along with many other female characters found in Fitzgerald's works were modeled after Ginerva (de Koster 19). Her influence is apparent in the way she is used as a model for Fitzgerald's characters. However, she was not the most influential person on F. Scott Fitzgerald. In July of

Discuss the Assertion that Market System is not Able to Allocate Resources Efficiently

Discuss the Assertion that Market System is not Able to Allocate Resources Efficiently According to wikipedia, a market may be of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade and goods and services are exchanged, forming part of the economy. The basic concept of market is any structure that allows the exchange of goods, services and information. In market there are the buyers and the sellers. Markets vary. There are financial markets, prediction markets, and so on. Market can be seen in two ways: as a study of abstract mechanism whereby supply and demand meet and deals are made. And second it is used as a symbol of an integrated and cohesive capitalist world economy.Market system is any systematic process enabling many market players to bid and ask. They help bidders and sellers interact and make deals. Because a market system relies on the assumption that players are unequally enabled, a market system is distinguished specifically from a voting system where candidates seek the support of voters on a less regular basis.English: supply demand 1An economic system is a system used to allocate resources because resources are limited. An economic system can be defined as a basic means of achieving economic goals which is inherent in the economic structure of a society (B.B.G Dictionary of Business Terms, 1987).The major function of an economic system is to work out the basic economic problems which are; *What is to be produced, *How is it to be produced, *For whom to produce and *How efficient is the use of resources. These economic problems are caused by the fact that resources are limited but human wants are unlimited. Therefore, every country desires to adopt an appropriate system which will result in efficient allocation of resources so as to avoid scarcity.There are three major systems adopted which are; Command Economic System,

FSHD Essay's Assignment Example | Topics and Well Written Essays - 500 words

FSHD Essay's - Assignment Example Like on most IQ tests, the question of â€Å"If some x’s are y’s and some y’s are z’s, then some x’s must be z’s. The first test was multiple choice questions, while the second was true/false questions. Both tests seemed to be focused on the logic process. Whether or not you recognize it, your vocabulary is your strongest suit—use it whenever you can. Since your command of words is so great, you are also a terrific communicator — able to articulate big ideas to just about anyone. Your wordsmithing prowess will also help in artistic and creative pursuits. The power of words translates to fresh ideas off paper too. Since you have so many words at your disposal, you are in a unique position to describe things in an original way, as well as see the future in your minds eye. In short, your strengths allow you to be a visionary — able to extrapolate and come up with a multitude of fresh ideas. And you are in good company — bask in the brilliance of Word Warriors who have walked before you. William Shakespeare let loose the power of his pen. His ability to articulate the most subtle nuances of human nature and to create colorful characters are why his stories still have a major impact — even 400 years after he first wrote them. Whether you put pen to paper or use your understanding of the words around you to come up with creative approaches to problems, your potential as a Word Warrior is terrific. (Career Quizzes) The second test reported, â€Å"A person whose IQ score falls in the range of 111-128 is considered to be ‘above average intelligence’†. If I bought the whole report, then they would breakdown my evaluation further. The score that I think is the most accurate would be the first test. I do better with words than mathematics. I do not think these tests are accurate in assessing how intelligent people are. This is due to the overdone math process in all IQ tests. Intelligence is more than math. Memory recall also matters

'What More Do They Want' - Service Provision of Refugees and Asylum Essay

'What More Do They Want' - Service Provision of Refugees and Asylum Seekers - Essay Example Accordingly, it is imperative to embark upon an integration project as would successfully lead to the assimilation of this group into the national culture and society. As the research illustrates, integration can best be carried out through the provision of equitable access to public services and the exploitation of these services for the specific purpose of integration. According to the literature on the topic, the education and mental healthcare services are, within the context of the stated, defined as primary integration enablers. Certainly the cost of integration may be quite high but the benefits of successfully integrating refugees and asylum seekers into British society are even higher. Apart from the fact that, as a nation-state, Britain has historically relied on waves of immigration as a means of building itself and, more importantly, strengthening its economy, immigrants bring a wealth of talent, experiences and skills with them as can effectively ensure their functioning as a constructive economic asset (Humphreys, 2001). Despite this, however, Britain’s immigrants, as in her refugees and asylum seekers, are hardly awarded equitable access to essential community services, chief amongst which is education. The implication here is that the country’s refugees and asylum seekers are marginalised and their potential to positively contribute to the nation is severely constrained (Bocker and Havinga, 1998). The consequence, as Hames (2004) notes, is not limited to the fact that asylum seekers and refugees are denied equitable economic, social, political and educational opportunities but, that their marginalisation is leading to the evolution of a  "dual Britannia† (92). Britain’s asylum seekers and refugees, therefore, are not only being denied the realisation of their potential and the country their constructive exploitation as a valuable economic

Impact of Grey Marketing on Indian Economy Essay Example for Free

Impact of Grey Marketing on Indian Economy Essay â€Å"An unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency Grey marketing (also sometimes known as â€Å"gray market†) involves the trade of legal goods through unauthorized, unofficial, and unintended channels of distribution. Hence, trademarked products are often exported from one country to another and sold by unauthorized individuals or firms. This practice is also often known as parallel importing, product diverting, and even arbitrage, and typically flourishes when a product is in short supply, when manufacturers resort to skimming strategies in specific markets. A good example is the trading of crude oil by an individual. The grey market includes services that are typically unregistered to evade taxes. Perfectly legitimate occupations, such as domestic help, babysitters, part time beauticians and freelancers, may not be registered. Not only is it difficult to detect such defaulters, the punishment is usually mild. For example, even as Apple, Inc., rolled out its latest third-generation iPhone on July 11, 2008, several retail stores throughout the world, including those in China and Thailand, continued to take orders even though this product was not being sold in those markets. Their computer codes were unlocked, so that the phones could be used with different mobile service providers. Even in India, one of the fastest-growing markets for cell phones, Apple delayed the release of the original iPhone until mid-2008, a year after the release in the United States and six months after its release in Europe, because of the fear of grey market sales. A wide range of goods and services have been sold through grey markets, including automobiles, broadcasting delivery, college textbooks, pharmaceuticals, photographic equipment, video games, and even wines. Research has demonstrated that every one of the world’s eight major export regions has experienced grey marketing activity damaging to their operations. Parallel market is further encouraged by periods of war or any other crisis. During harsh political conditions or natural disasters, scarce goods are rationed by the government. People have the tendency to violate restrictions or rationing laws to secure the products they desire. In the United States, grey market goods are prohibited according to Section 526 of the Tariff Act of 1930, which expressly forbids importation of goods of foreign manufacture without permission of the trademark owner. However, the implementation of regulation by the U.S. Customs Service and the courts’ interpretation of the law have not been in line with each other. In a recent study, about 13 percent of the firms in North America have reported some form of grey marketing. A positive outcome of grey markets is that they provide brand-name goods at lower prices to the customer. They can create incremental sales in markets not in direct competition with sanctioned dealers, and sometimes help companies overcome distribution bottlenecks because of local government regulations. Occasionally, it is less expensive to tolerate grey marketing than to shut down the operations completely because of the time and resources required to monitor the violations. Finally, eradicating grey marketing activities can provide a firm with sound marketing intelligence regarding customers in these markets and their buying behavior. On the other hand, the phenomenon obviously also has several drawbacks for companies. It simultaneously undermines the manufacturer’s distribution arrangements and their ability to control quality it creates the dilution of exclusivity and damages existing channel relationships. Official dealers may not choose to offer significant services in order to compete with the grey market price for the product. There is likely to be an erosion of the brand’s global image, and the firm is unlikely to have the ability to use traditional pricing strategies, thus having less control over their overall marketing strategies. 2.According To World Health Organization: 2.1.Parallel Imports: Parallel imports are imports of a patented or trademarked product from a country where it is already marketed. For example, in Mozambique 100 units of Bayers ciprofloxacin (500mg) costs US$740, but in India Bayer sells the same drug for US$15 (owing to local generic competition). Mozambique can import the product from India without Bayers consent. According to the theory of exhaustion of intellectual property rights, the exclusive right of the patent holder to import the protected product is exhausted, and thus ends, when the product is first launched on the market. When a state or group of states applies this principle of exhaustion of intellectual property rights in a given territory, parallel importation is authorized to all residents in the state in question. In a state that does not recognize this principle, however, only the patent holder who has been registered has the right to import the protected product. Sometimes referred to as â€Å"grey market† imports, parallel imports often takes place when there is differential pricing of the same product either brand-name or generic drugs in different markets (usually owing to local manufacturing costs or market conditions). The Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement explicitly states that this practice cannot be challenged under the World Trade Organization (WTO) dispute settlement system and so is effectively a matter of national discretion. Parallel imports can reduce the price of health products and pharmaceuticals by introducing competition. However, they can also affect the negotiation of tiered pricing regimes with pharmaceutical companies. If a private pharmaceutical company agrees to sell a product at a lower price in poor countries, it will need some assurance that the cheaper product will not be imported back into its rich country markets, undercutting its profits (product diversion). 3.Grey Marketing by Industry: 3.1. IPO Grey Marketing in India: Cities like Ahmedabad, Kolkata and Rajkot are the most active centers for the IPO (initial public offerings) grey market. Trades done in the grey market are settled on the day of listing. Once the deal is done at a stipulated price, the seller must deliver the shares after he has been allotted the shares by the company. If the seller falls short in receiving the exact number of shares that he has sold in anticipation, then he must buy the shares on the market (once the share is listed) to honor his commitment. Most of the recently-concluded initial public offerings are quoting at a significant premium in the grey market, compared to their issue prices; this means that the issues are perceived to have been underpriced. Many traders short sell in the grey market if they feel that the premium on offer is unwarranted and that the stock may list at a price lower than what most market players expect it to. Though grey-market operators say that there is a constant change in the grey-market premium, it largely depends on the subscription on the last day and the market conditions, post issue closing. 3.1.1. In the stock market, what is the concept of grey marketing? Grey marketing is a trade of something legal but through unofficial and unauthorized distribution channels. In contrast, black marketing is a trade of illegal goods or services through illegal channels. The grey market of goods is to import and sell products through market channels which are not authorized by the manufacturers. It occurs when the prices of a product differ significantly in different countries. The grey market of securities markets and IPO (Initial Public Offer) is to buy and sell the shares to be allotted in the future. Once the trading is done in the grey market at a stipulated price, the seller must deliver the sold number of shares to the buyer on the day of listing to honor the commitment. 3.1.2.Effect of Grey Market Trading on Indian Economy 3.1.2.1Grey Market: Rs. 1L in Reliance Power IPO will earn 9% in 20 days [pic] AHMEDABAD: Reliance Power (REPL) seems to have electrified grey market operations in Ahmedabad with operators willing to shell out as much as Rs. 9,000 for every application of Rs. 1 lakh. In the bustling grey market in Gujarat, such high rates are unheard of. The last benchmark for hectic activity was the Mundra Port and SEZ IPO in November when the grey market started buying applications for Rs. 7,500 in the last stages of the issue. With the REPL offer ready to hit the market on January 15, the grey market is trading the shares and the applications. It basically means that if you have Rs. 1 lakh to invest when the IPO opens, you have a secured 9% return within 20 days of closing of the issue when the stock would be listed. After SEBI cleared REPLs IPO, grey markets had resumed trading in the stock with premium saudas (trades) at Rs. 340-350 and application buying rate at Rs. 7,500. While the premium has zoomed to Rs. 390-400, the applications rate touched Rs. 9,000 and could break the Rs. 10,000 mark by the time the IPO hits the market, sources said. The excitement on the counter in the grey market has come on the heels of news that REPL will offer 5% discount to retail investors, who will also get an option to pay only 25% of IPO amount at the time of application. 3.1.2.2.Reliance Power IPO: Grey market sees Rs. 2000 crore loss: [pic] AHMEDABAD: The dismal debut of Reliance Power on the bourses may result in losses to the tune of Rs. 2,000 crore in the grey market. Operators also fear a payment crisis as many investors are threatening to hold back payments. Grey market players — both operators and investors — who were expecting the stock to list in the range of Rs. 550-Rs 600 per share, were in shock as Reliance Power opened at Rs. 430 and closed at Rs. 372.50 on its first day on the exchanges. This could also adversely impact the premium transactions in forthcoming IPOs (initial public offers). Ever since the grey market began trading in this IPO, the premium on Reliance Power shares had peaked at Rs. 450 over and above IPO price of Rs. 450 per share. Majority of trading in R-Power IPO in the grey market was done at an average premium of Rs. 300 per share. As the issue closed at Rs. 372.50, most market operators, who had taken huge exposures, have lost Rs. 377 per share. It is estimated the grey market has already taken an exposure of five crore equity shares, leading to losses worth Rs. 1,900 crore. It is also learnt that many investors in Jaipur have refused to honor their payment commitment to grey market operators in Ahmedabad, as the IPO plunged after listing. This could well result in operators losing out on large sums of money and have a cascading effect in the market. 3.1.2.3.Grey market bets big time on DLF IPO: [pic] AHMEDABAD: Only time can tell whether you could get the elusive pit of gold at the end of the DLF IPO rainbow. But, street savvy investors in Gujarat have already started earning a secured 4% return on their investment in the initial public offer of the countrys biggest realty developers, much before the offer hits the market on June 11. Large numbers of investors, who want to earn secured interest earning up to 4%, are selling their IPO applications to grey market operators in Ahmedabad. Although the DLF IPO is opening from May 11, IPO applications are being sold anywhere between Rs. 3,800 and Rs 4,000 for a single application worth Rs. 1 lakh. Activities in the Ahmedabads grey market, popularly known as Sakar Bazar, has gradually been heightening as the market enters the final week before a deluge of public offering hit the primary markets. Led by DLF IPO, the next two months could see close to Rs. 50,000 crore being raised from the market. On one hand, the grey market is witnessing huge trading in IPOs, which are yet to be listed on the bourse. On another hand, people are selling their IPO applications to the grey market operators for a secured interest. Even as DLF shares are yet to be listed on the bourse, operators in Ahmedabads grey market are trading DLF shares at a premium of Rs 37 to Rs 38 on its issue price of Rs 500-Rs 550. Similarly, Meghmani Organic is fetching a premium of Rs 5 over its issue price. And, its not only in the case of these two IPOs. All IPOs are traded in the Ahmedabad grey market, which seems to have a handle on the pricing of IPO listings. It has been found by most market participant of the capital market that majority of the IPOs listing prices are normally close to the last trading price of the IPO in the Ahmedabads grey market. 4.WINE: The grey market in wine flourishes, particularly in the case of champagne. Many large champagne producers do their own importing, and desire to maintain independent price points in different markets. Thus a bottle of Champagne might cost US$35 in the United States while the same bottle might be only 15 Euros in France. It is often profitable to buy the wine in Europe from an authorized distributor, and resell it in the US. In the case of enormous pricing disparity, it is not uncommon to find a grey-marketed wine selling for less at retail than the wholesale price of the authorized distributor. In the case of a large availability disparity between the US and Europe, the grey market price may be the same or higher than the authorized price. Typically the importer of a wine is the one most concerned about grey market sources. The winemaker may or may not care what happens to the wine after it is sold, although he or she might complain to appease an importer. 4.1.India imports 72,000 cases of wine a year PUNE: The Indian wine market is growing at 30-40% annually and this rate will continue for the next 5-6 years in keeping with global trends. However, the current per person per year consumption of wine in the country is as low as 9-10 ml. The Maharashtra Industrial Development Corporation has mentioned this in its note on the grape wine industry of Maharashtra, based on a report prepared by Rabo International Bank. The highest wine consuming countries such as France and Italy has per person wine consumption as high as 60 to 70 liters annually. Those in China consume four liters, the report stated. Domestically, 80 % of wine consumption is confined to major cities like Mumbai (39 %), Delhi (23 %), Bangalore (9 %) and Goa (9 %) whereas rest of India has only 20 % consumption. The MIDC report further stated that India currently imports 72,000 wine cases (nine liters to a case) a year. About 32,000 of this are bottled at origin and the other 40,000 cases are imported in bulk flexi bags, which are subsequently bottled by Indian wineries. Besides this, about 12,000-15,000 wine cases are sold through the grey market. In 2009-2010, some seven lakh liters of wine worth Rs. 5.92 crore was exported to France, Italy, Germany, US, UK, Singapore and Belgium from Maharashtra. The state had announced its `Maharashtra Grape Processing Industrial Policy 2001 on September 19, 2001 with wine as an important part of it. According to a report by MIDC, four components are required to make good wine. Those are soil, climate, vines and human factor that is the people who brew wine. A lot depends on finding the ideal balance between the characteristic of soil, the microclimate and the grape varieties. At present wine grapes are grown on a 7,000 acre area in the state. In 2010 there were a total of 74 wines making units (36 in Nashik, 13 in Sangli, 12 in Pune, 5 in Solapur, 4 in Osmanabad, 3 in Buldana and 1 in Latur district) that had started production in the state. At present, total production of wine in the country is 1.45 crore litres from 90 wineries in the country. Of that, 1.32 crore litres wine is produced by 75 wineries in Maharashtra. The total investment in wineries was Rs 431.71 crore in 2009 which rose to Rs 452.10 crore in 2012. France, Italy, Spain, Germany are the main grape wine producing countries in the world. Nearly 32,000 million litres wine is produced per annum. 5.AUTOMOBILES: Automobile manufacturers segment world markets by territory and price, thus creating a demand for grey import vehicles. In the United Kingdom the term applies to vehicles imported either new from cheaper European countries or from Japanese domestic models imported secondhand from Japan or Singapore, which both have strict laws against older cars. This importation of secondhand models from Japan/Singapore tends to involve sports models that were never released in the UK or models that fetch a high price in the UK due to their performance or status. Although some grey imports are a bargain, some buyers have discovered that their vehicles do not meet British regulations or that parts and service are hard to come by because these cars are different from the versions sold new in the UK. In New Zealand, grey market vehicles comprise a majority of cars in the national fleet. These secondhand imports have achieved normal status and are used and serviced without comment throughout society. A huge industry servicing and supplying parts for these vehicles has developed. After years of trying to stop grey imports the car companies themselves have become involved, importing in competition with their own new models. 6.MOBILE HANDSET: iphone Launch gets hit by Grey Marketing: 6.1.Low-cost handsets to get impacted, says industry: Nearly 75 per cent of the currently available mobile handset models in the market could get defunct or redesigned with the Government deciding to bring in new radiation norms for the telecom sector. The Department of Telecom has accepted a proposal by an inter-ministerial committee to lower the permitted radiation in mobile phones by 50 per cent. The move will impact almost all the handset makers, especially those who operate in the low-end segment. 6.2.Handset price: According to the Indian Cellular Association, the new radiation norm will jack up handset price by 5-30 per cent as handset makers will have to make additional investments to meet the new rules. According to the new guidelines, handsets should not have Specific Absorption Rate (SAR) of more than 1.6 watt/kg taken over a volume containing as mass of 1 gram of human issue. This is the same levels allowed in the US. India till now followed the European standards wherein handset makers are allowed to have SAR levels of 2 watt/kg on a 10 gram human issue. Globally, about 1,500 million mobile phones are sold per year out of which more than 80 per cent is sold in countries where European guidelines are followed. In India, there about 10 global brands, another 15-20 Indian brands and more than 4,000 importers who trade in unbranded Chinese phones. â€Å"Most of the handsets under Rs 11,999 which are approximately 645 or so would have to be redesigned. Effectively, this would disrupt the entire operation of more than 88 per cent of the legal handsets sold in the market (the legal market is approximately 70-75 per cent of Indias total volume market). All global brands and domestic brands will get seriously impacted by this,† Mr. Pankaj Mohindroo, President, Indian Cellular Association. 6.3.Chinese handsets: The industry is worried that the new guidelines will have no impact on the Chinese unbranded grey market phones, which is handled by over 4,000 importers with volumes between 3 and 4 million a month. The handset makers fear that the grey market will get a window of opportunity of approximately 6-9 months to rapidly expand their volumes before the branded companies start bringing redesigned phones. â€Å"If the Government is bringing new laws to address concerns of health and security then it should also set up good monitoring. While the branded phones will have to bear the costs to redesign phones, grey market devices will continue to be available without any check,† said Mr. S.N. Rai, Co-founder Director, Lava International – one of the Indian handset Company. According to ICA, the industry would be able to redesign approximately 100 models in about 6-9 months and 200 in 24 months. There are about 850 handset models available in the market at present. â€Å"The legal industry will never be able to redesign all the models and the availability would constrict to at best 150- 200 models within 18-24 months of implementation of such norms,† Mr. Mohindroo said 6.4.Ultra low-cast models: ICA said that in the case of ultra low-cost handsets, it may not be possible to redesign these handsets and all the models in the ultra low-cost handsets less than Rs 1,500 could get knocked out of the market. Apart from lowering the permitted radiation levels, the new guidelines also make it mandatory for handset makers to display the SAR level on the handset. The DoT is expected to notify the new norms shortly. Keywords: mobile radiation norms, low-cost handsets to get impacted, Specific Absorption Rate (SAR) 6.5.Dark days for mobile grey market: The import duty on mobile phones has been reduced from about 16 per cent to around 4 per cent.Industry participants also believe that the shift from grey market to the legal market is by and large on the account of growing number of mobile retail stores. The mobile stores provide accessibility to the consumers. Our mobile stores are at all the visible locations, so consumers can walk in anywhere and get the best deals possible, said Subhiksha marketing vice-president Mohit Khattar. Industry analysts say that a huge grey market exists because of the differential of around 10 per cent to 25 per cent between legal and grey handset prices.With growing competition in the organized mobile retail market, players are offering products at lower prices. This, in turn, helps counter the grey market and bolsters footfalls in these stores. Consumers can buy high-end, genuine branded handsets with guarantee of replacement or repair through the mobile retail stores. Trust is the predominant factor that consumers are turning towards the branded retail stores, said HotSpot CEO Sanjeev Mahajan. Consumers are opting for accessibility and do not mind paying extra for it. The grey markets operate from a few areas in a city. On the other hand, mobile stores are more easily accessible as they are located in all prominent markets. The growing brand consciousness among the people, analysts say is also propelling the consumers to approach branded mobile retail stores. Mobile phone retail chains like Mobile Store, Mobi Retail, RPG Cellucom, currently account for just 7 percent of the overall mobile handset market, which has a market share of Rs 15,000 crore. Currently, the impact of mobile retail stores on the grey market is minimal. However, considering the rapid growth rate of organized mobile retail, its contribution is set to increase in the next 3-4 years, said retail consultancy Technopak Advisors chairman Arvind Singhal. Though the grey market in mobile phones has reduced, a large (75%) grey market still exists in mobile phone accessories such as batteries and chargers, which are often available at one-tenth the price of company branded accessories . Last year, the mobile phone makers asked finance ministry to reduce 34% duty on imported accessories, but nothing concrete has happened as yet. 7.PHOTOGRAPHIC EQUIPTMENT: Generally regarded as legal in most countries, parallel imports make expensive photographic equipment attractive to savvy users. The grey market in photographic equipment is thriving in highly developed and heavily taxed states like Singapore, with dealers importing directly from lower taxed states and selling at a lower price, creating competition against a local authorised distributor. Grey sets, as colloquially called, are often comparable to authorised imports. Lenses or flash units of parallel imports often only differ by the warranty provided, and since the grey sets were manufactured for another state, photographic equipment manufacturers often offer local warranty, instead of international warranty, which will render grey sets ineligible for warranty claims with the manufacturer. Due to the nature of local warranty, importers of grey sets usually mask the flaw in warranty with their own warranty schemes. These are often warranties with reduced benefits or lasting a shorter period of time. Grey sets do not differ particularly from an authorised import. They look and function identically, apart from the manufacturers warranties having been voided. 7.1.Grey market for digital cameras may bite the dust soon: KOLKATA: Grey markets for digital cameras may soon become a thing of past, feel the imaging majors in India. It is certainly the year of demise for grey market in compact category, and the sun will set soon in DSLR (Digital Single Lens Reflex) segment, said Alok Bharadwaj, senior V-P, Canon India. Though being an unorganized sector, it is spread in many metro cities, like in Kolkata, at Metro Galli, Kidderpore, and in Delhi, at Pallika Bazar. Earlier, Nikons competition was Nikon grey but now the scenario has changed and grey market has shrunk a lot. Its no more a cause for concern, said Sajjan Kumar, GM, imaging, Nikon India. According to Bharadwaj, the grey market in the country is mostly activated in DSLR segment and its roughly around Rs. 250 crore, but since India is the main focus for all the global camera majors and as a consequence of that, the market is also increasing rapidly, which is ultimately causing the death of grey market. The general trend amongst consumers is to buy expensive lenses and camera bodies from the grey market at a cheaper rate, but now with most of the players providing the product at a place nearby them, with an extended guarantee period and free memory cards, people are ready to buy it from us officially, said Kumar. More awareness among the consumers and round-the-clock marketing have also stepped up the chances to diminish the grey market, said Hiroshi Takashina, MD, Nikon India. It may be noted that Nikon India has recently doubled its marketing expenditure to Rs. 120 crore from last years Rs 60 crore. Another common feeling amongst the leading camera players is, if government reduces tax on the DSLR bodies, lens, accessories, then the process of erasing grey market will be rapid. Currently, the basic duty on lenses and accessories is still at 10%, which makes it a little difficult for us to bring DSLR prices further down, despite a phenomenal growth in the sector, said a top official of Olympus India. Currently only 1% of Olympus Indias sales is affected by grey market. The Comprehensive Economic Partnership Agreement (CEPA) will benefit us surely to cut the excessive costing, feels Bharadwaj. It may be noted that India and Japan have signed the CEPA Act, under which both the countries will enjoy some trade benefits during the bilateral trade. According to Takashina, India is a price conscious market where 75% of the sales are in the category of cameras priced below Rs.10,000, so with more shopping shop concept and 24 hour customer care backup, it is now more sensible for a customer to buy the gear from official dealers than to go and buy it from the grey market. 8.BROADCASTING: In television and radio broadcasting, grey markets primarily exist in relation to satellite radio and satellite television delivery. The most common form is companies reselling the equipment and services of a provider not licensed to operate in the market. 8.1Industry body opposes levy on TV sets: [pic] NEW DELHI: Consumer electronics industry said on Monday that sale of television sets would be hit and investment flows affected, if government imposes a license fee on TV sets. Also, share of the grey market would go up if such a proposal is accepted, Anoop Kumar president Consumer Electronics and TV Manufacturers Association (Cetma) said.[pic] Government is planning to impose a license fee of 10-15% on purchase price of each TV set, to provide financial help to Prasar Bharati. If the proposed levy is imposed, the level of taxation on TV sets would rise to 45-50% and the share of the grey market will certainly increase, a Cetma official said. When total incidence of taxes on ACs was about 50%, the grey market was more than 80%. With the reduction of taxes, the grey market for ACs has practically disappeared. The increase in the share of grey market for TV sets will ultimately result in loss of revenue to the government, Cetma added. Cetma said any additional burden would result in a major slowdown of the television industry, already reeling under heavy taxes. 9.VIDEO GAMES: Grey markets can sometimes develop for select video game consoles and titles whose demand temporarily outstrips supply and the local shops run out of stock, this happens especially during the holiday season. Other popular items, such as dolls can also be affected. In such situations the grey market price may be considerably higher than the manufacturers suggested retail price. Online auction sites such as eBay have contributed to the emergence of the video game grey market. 10.How to control the web of Grey Marketing? In order to reduce the impact of grey market goods, firms can take the following strategies: Enforcement of intellectual property rights Manufacturers or their licensees often seek to enforce trademark or other intellectual-property rights against the grey market. Such rights may be exercised against the import, sale and/or advertisement of grey imports. However, such rights can be limited. Examples of such limitations include the first-sale doctrine in the United States and the doctrine of the exhaustion of rights in the European Union. When grey-market products are advertised on Google, eBay or other legitimate web sites, it is possible to petition for removal of any advertisements that violate trademark or copyright laws. This can be done directly, without the involvement of legal professionals. eBay, for example, will remove listings of such products even in countries where their purchase and use is not against the law. Refusal to supply Manufacturers may refuse to supply distributors and retailers (and with commercial products, customers) that trade in grey-market goods. They may also more broadly limit supplies in markets where prices are low. Refusal to honor warranties Manufacturers may refuse to honor the warranty of an item purchased from grey-market sources, on the grounds that the higher price on the non-grey market reflects a higher level of service. Alternatively, they may provide the warranty service only from the manufacturers subsidiary in the intended country of import, not the diverted third country where the grey goods are ultimately sold by the distributor or retailer. This response to the grey market is especially evident in electronics goods. Reliance on regulation Local laws (or customer demand) concerning distribution and packaging (for example, the language on labels, units of measurement, and nutritional disclosure on foodstuffs) can be brought into play, as can national standards certifications for certain goods. Tracing grey-market goods Manufacturers may give the same item different model numbers in different countries, even though the functions of the item are identical, so that they can identify grey imports. Manufacturers can also use batch codes to enable similar tracing of grey imports. Parallel market importers often de-code the product in order to avoid the identification of the supplier. In the United States, courts have decided that decoding which blemishes the product is a material alteration, rendering the product infringed. Parallel market importers have worked around this limitation by developing new removal techniques.

Body Composition :: essays research papers

According to Mosbey's Medical, Nursing, & Allied Health Dictionary, Body Composition is defined as the relative proportions of protein, fat, water, and mineral components in the body. It varies as a result of differences in body density and degree of obesity. Basically body composition describes the percentages of fat, bone, and muscle in a persons body. The percentages of body fat a person has determines their overall health and fitness when compared to factors like age, weight, and sex. Body composition also contributes to a persons overall appearance. A healthy male should have about12 to 18 percent of fat. Females should have around 14 to 20 percent. Any thing over or under these percentages would be considered unhealthy.The term's weight and fat are usually used in the same context when discussing physical fitness. Under certain circumstances, being overweight doesn't mean that a person is unhealthy. A person could be in good physical shape but considered overweight because the y have excess muscle. People with a lot of muscle mass usually have body weight, which is disproportional to their height. Having a high percentage of fat is unhealthy because it can cause heart disease, high blood pressure, and diabetes.It is important to know your body fat percentage because it can help you put together a realistic exercise program with goals that are attainable. A good exercise program incorporates both aerobic exercises, which burn fat and anaerobic exercises, which build muscle. It is healthier to turn fat into muscle instead of just trying to loose weight without thinking about gaining strength. The best way for a person to change his or her body composition is to improve their fitness levels. Fitness has different meanings to different people. Some people define fitness as having a small waistline. Other people may feel that fitness is the ability to bench-press their body weight ten times.

Anti Hazing Law Essay

The given document regarding the anti-hazing law provides the possible penalties for the liable initiation rites or practice which purpose is to embarrass and humiliate the neophyte forcing him/her to menial, silly and foolish tasks and activities. Hazing, is only allowed for the Military clubs or organizations such as Armed forces of the Philippines, Philippine national Police, Philippine Military Academy or any form of army training in the Philippines that was approved by the agency head and hazing is not allowed for school organizations such as fraternities or sororities that prohibits physical violence. In my opinion, Hazing is the most appropriate prerequisite that had ever existed because it doesnt simply bring a benefit for the applicants/ neophytes and it only creates risks of injuries, discomfort, embarrassment, harassment, ridicule, forced consumption of alcohol, placing the individual into danger and even death and such negative consequences. The main reason why Hazers do hazing is that they need to feel powerful and in control yet hazing motivates no one; it even hinders academic achievements, destroys self-esteem and causes emotional and physical pains. It doesn’t have a purpose; it has nothing to do with trust or respect. Hazing was not even related to Greek letter organizations or athletics. It is just a foolish organization that are continued by foolish hazers traditionally as it turns to become epidemic and plague on campuses. Those members who are being hazed are more likely to haze others in the future and would continue yet it should not be tolerated. The only way to stop Hazing is to simple BREAK THE TRADITION and educate members who are responsible for Hazing to move on with their lives and focus more on academics, make people aware what hazing is and what penalties are and seek help from the government and help students develop to become moral citizens that will help rid our society of the negative consequences of hazing. To combat hazing, we should seek help and report such hazing activities to the Government.