Macbeths Numerous Atmospheres :: Free Macbeth Essays

Macbeth's Numerous Atmospheres   The airs in William Shakespeare's Macbeth are various, yet start as one strange climate at first with the witches' appearance at the beginning. From that point the air is gradually added to consistently.  Charles Lamb in On the Tragedies of Shakespeare remarks on the air encompassing the play:  The condition of eminent feeling into which we are raised by those pictures of night and repulsiveness which Macbeth is made to absolute, that serious introduction with which he engages the time till the ringer will strike which is to call him to kill Duncan, - when we no longer perused it in a book, when we have surrendered that vantage-ground of reflection which perusing has over seing, and come to see a man in his substantial shape before our eyes really planning to submit a muder, if the acting be valid and noteworthy as I have seen it in Mr. K's presentation of that part, the agonizing tension about the demonstration, the common yearning to forestall it while it yet appears unperpetrated, the excessively close squeezing similarity to reality,give an agony and an anxiety [. . .]. (134)  D. F. Bratchell in Shakespearean Tragedy record's Charles Lamb's thought ofâ Macbeth's climate as fundamental to the motivation behind the play:  For Lamb the pith of the catastrophe in Macbeth lies in the beautifully proposed air of ghastliness and underhandedness drive, promptly took advantage of by the creative mind of the insightful peruser, though stage portrayal focuses the brain on the activity. (133-34) Roger Warren remarks in Shakespeare Survey 30 , with respect to Trervor Nunn's course of Macbeth at Stratford-upon-Avon in 1974-75, on contradicting symbolism used to help the restricting airs of immaculateness and dark enchantment:  A significant part of the methodology and detail was continued, especially the conflict between strict immaculateness and dark enchantment. Virtue was encapsulated by Duncan, exceptionally sick (in 1974 he was visually impaired), wearing white and joined by chapel organ music, set against the dark enchantment of the witches, who even recited 'Twofold, twofold to the Dies Irae. (283) L.C. Knights in the article Macbeth makes reference to prevarication, illusion and unnaturalness in the play - supporters of a climate that may not be exceptionally reasonable:  The dubious idea of allurement, the business with ghosts subsequent upon bogus decision, the subsequent feeling of illusion (nothing is, yet what isn't), which

My little bit of country free essay sample

My tad of Country’’ is an article, composed by Susan Cheever, about Central Park. Susan Cheever goes about as the storyteller, recounting to parts of her biography, from her youth days until her present, from her perspective. The story happens in the urban Manhattan, putting the New York City life in context, of a real existence in suburbia. The story starts with the protagonists’ first memory of summer mornings in Central Park with her dad, after his arrival from battling in World War II, and since the story advances sequentially, it very well may be assumed that the story’s timetable starts during the 1940s, and as prior referenced, finishes in the storytellers present. While living in New York in her soonest years, Susan Cheever is a lone kid, living in a two-room loft close to the Queensborough Bridge. In endeavor to clarify the enormity of New York she composes on page 8, line 36: ‘’The city in those years soon after the war was a sentimental spot, a position of dreams and the beginnings of thriving for individuals like my young parents’’ indicating that as of now at a youthful age she felt a dispassionate love for the city where she lived. We will compose a custom article test on My smidgen of nation or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page She got beguiled by the possibility of New York at such a youthful age, that she appeared to have made a thought, of which being that nothing could contrast with New York. With these goals she moved to suburbia with her folks, where she was experiencing her parents’ dream of the white picket-fenced house, increasing a more youthful sibling and a pooch, in Westchester. Definitely knowing what she thought was ideal, she places the two unique methods of living in context through close to home understanding: Page 2, line 110: ‘’Why would I need to swim in someone’s sloppy lake creeping with leeches when I could roost myself on a marble bowl and cool myself with sprinkling clear water, finishing it off with a lemonade from the truck on fifth Avenue? ’’ Page 2, line 115: ‘’Why would I need to scratch around the unpleasant, risky ice of a nation lake when I could coast around the smooth ice at the Whollman Rink and interruption for a hot cocoa when my toes and fingers got excessively cold? ’’ Page 3, line 172: ‘’Country youngsters may have had horses, however my children had the heavenly Carousel with its honky-tonk music and brilliant steeds. ’’ Page 3, line 77: ‘’Suburban youngsters had extravagant craftsmanship classes; my kids had the Metropolitan Museum of Art. ’’ The manner in which she composed the exposition obviously places her for the city life. How she portrays how astounding the city is with every one of its chances, though the nation is progressively restricted. How she portrays the city as practically glorious and mysterious in contrast with suburbia, by utilizing words like marble bowl, sprinkling clear water, heavenly merry go round and brilliant steed about the city, while words like sloppy, harsh and hazardous to depict suburbia. She cites a creator named Andy Warhol about how you can locate a little bit of nation in the city, yet no city in the nation. Focal Park is her nation, her shelter from the city. She depicts it to be wonderful yet agreeable, while she clarifies how she fears the wild nature that lies on the opposite side of the rural house dividers. My tad of nation free exposition test What might the perfect way of life contain? Would it be a bustling life, encircled by tall structures and bunches of individuals or would it be on the nation, encompassed in the uncontrolled nature and with a little society? Some would contend for the city-life, while others would contend for the nation life. It may be difficult to close which way of life is actually the best, yet there is unquestionably the two cons and aces to every one of the two ways of life. In an article called My Little Bit of Country, posted in Central Park by Susan Cheever, Susan Cheever contends her perspective on living separately in the city and on the nation. Susan Cheevers favored spot to live is the city. At the point when she was an infant and as an extremely small kid, she lived in New York. Afterward, she moved to suburbia with her family and she didnt like it by any stretch of the imagination. At the point when she grew up and got youngsters, she brought them up in the city, since she felt better in the city. We will compose a custom paper test on My tad of nation or on the other hand any comparable point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Cheever depicts the life in the city and on the nation as to totally different things, regarding them as positive complexities. The city-life is controlled, sheltered and clean †while the nation life is wild, hazardous and sloppy. She utilizes a great deal of models, similar to ice-skating and swimming. In the city, you have safe ice-skating arenas, where there is no way of experiencing the ice and there is pools that is totally perfect and sterilized each day. On the nation, you ice-skate on lakes and lakes in the winter, that may or probably won't have the option to manage your weight, and in the mid year, you wash in similar lakes and lakes that may or probably won't contain toxic green growth and different plants or hazardous creatures. Cheever likewise contends that bits of nature exist in the city, however that bits of city doesnt exist in the nation. As indicated by her, Central Park is a case of nature directly in the center of a major city. While it is right that Central Park is in reality plants and a couple of creatures, some would state that it isnt precisely equivalent to the uncontrolled nature you would discover in a spot that didnt get day by day visits from gartners or where there wasnt anyâ supervision and control with every specie of creatures living there. Cheever additionally focuses to the benefits following an actual existence in the city. The conceivable outcomes, as she depicts them, are substantially more various than on the nation. While the city despite everything offers play areas, stops and pools, it likewise gives cafã ©s, enthusiastic individuals and glimmering lights all over the place. The perfect condition basically pulls in her more than the messy nation. For youngsters, Cheever imagines that the perfect spot to live is additionally the city. She thinks its more secure for kids to experience childhood in the city and that its simpler for the kids to live in the city. She utilizes a guide to help this. She thinks about the living nation horse and the merry go round city horse to one another and reasons that the merry go round horse is superior to the living horse, since its spotless and simple to deal with. Nonetheless, this model probably won't be solid, the same number of individuals would call attention to that the merry go round horse needs just precisely the work and experience that the living horse can bring to the kids. Additionally, the bond that the youngster would make between the horse and itself isnt present with the merry go round horse. Later in her content, we discover that Cheever has an evident dread of living in the nation. She clarifies that one of the most significant things for her is to be encircled by development at practically all occasions. She feels more secure when she can hear the humming of the traffic outside her loft and see the blazing lights on the divider in her room when shes resting, realizing that theres individuals around her. When shes on the nation, she cannot hear nor see any of this and she feels shaky and alone. This may be the situation for two or three individuals, yet it is unquestionably not a normal inclination among mankind. Cheever neglects to make reference to the frequently referenced drawbacks to the life in the city. A ton of the individuals living on the nation regularly reason, that they live on the nation, basically in light of the fact that the consistent buzz of the enormous urban communities would pressure them. They lean toward the quietness they decide to find in nature rather than the depression that Cheever herself feels. Some parent and kids would likewise contend that getting messy and messing about in timberlands, swimming in lakes and ice-skating in the hands of nature is better than the totally controlled condition of the city and that it brings valuableâ experience to be in the nature and learn by its principles. Ways of life is an inquiry we regularly pose to ourselves and â€Å"city† or â€Å"country† is one of the large pointers with respect to what sort of life youre endeavoring to have. Where the city has a wide range of societies, individuals and occupations, the nation offers nurseries, tranquil and large families with pets. No way of life would be ideal for everybody †theres basically too many changing and impacting tastes and needs for one way of life to fit each and every people needs. At long last, it likely boils down to individual inclinations what is actually the most ideal lifestyle for every person. What's more, that is likely how it ought to be.

Blog Archive Monday Morning Essay Tip Take Responsibility in Optional Essays

Blog Archive Monday Morning Essay Tip Take Responsibility in Optional Essays Candidates who have an obvious weakness in their profileâ€"such as a low GPA or GMAT score or a prolonged gap in work experienceâ€"often worry that they are destined to attend a virtually anonymous business school. Whenever such applicants ask admissions officers how their weakness might affect their candidacy, they hear the straightforward and common refrain “We look at applications holistically.” Although this may sound like a cliché, it is certainly the truth; at mbaMission, we have seen dozens of candidates with sub-600 GMAT scores and GPAs under 3.0 find their respective ways into top-ten programs. The key to overcoming an academic weaknessâ€"or indeed any weakness in your candidacyâ€"is to address it in the optional essay, not with excuses, but by taking responsibility: Example 1: “In my first year of college, I had the flu the day before my midterms and did quite badly on my first batch. You will notice that my grades dip in my first term. Then, in the second term, I was quite engaged in extracurricular activities with my fraternity and again, my grades suffered. However, if you look at my grades in my major, from my second year forward, I would have a GPA of…” Some who read this sample paragraph may laugh at the absurdity of the excuses; others may not even notice.  Although valid explanations for a dip in a candidate’s grades certainly exist, a temporary flu and overinvolvement in extracurriculars are not among them. Example 2: “As a freshman at XYZ University, I was unable to appreciate the rather awesome educational opportunities before me, and my grades were, quite simply, lower than they should have been. However, by my second year, when I discovered my passion for English literature and chose this subject as my major, I pursued my studies with vigor and completely turned my academic performance around, earning a consistent stream of A grades in…” In this second example, the excuses are cast aside and replaced with a contrite discussion of the candidate’s experience. As a result, the candidate establishes credibility, explains the change and infers that he/she will continue to perform as an MBA student. Admissions committees, like corporate America, dont like excuses. Don’t make them. Share ThisTweet Monday Morning Essay Tips

Middle East Essay - 924 Words

Jaimin Patel History 181: Intro to the Middle East Professor Ghazvinian September 21, 2017 Imagine you are travelling through the Middle East in the 1930s. Which nations or states would you describe as â€Å"most likely to succeed† and which would you describe as least likely? Why? I think traveling through the Middle East in the 1930 would be quite interesting because I would love to see how the people of the Middle East reacted to the mandate system implemented in 1920. I think Turkey would be one of the countries that are most likely to succeed because in the years immediately following World War I they casted out their previous monarchy and attempted to sort of set up a Democracy. Although President Ataturk had dictorial powers like†¦show more content†¦One thing that made him different from a traditional monarch was he was committed to making his country stronger and shifting to westernization rather than talking about it. For example, when he made money off his private landholdings he built hotels, casinos, and charitable foundations which proved his view on making Iran more economically industrial. A country I think would be least likely to succeed is Egypt because they faced a partial Great Depression at the time of 1930’s. The main reason why they were hit by the depression was because they depended heavily on its export of cotton. Cottons price was dropping significantly. Plus, they were still being manipulated by Britain although they declared independence. For example, the British government remained responsible for the security of imperial communications in Egypt, the defense of Egypt against foreign aggression or interference, the protection of foreign interests and foreign minorities in Egypt. In 1936 Britain proposed to keep a defense force in Egypt to protect the Suez Canal. Which in turn left Britain also in charge of Sudan. Sudan was one of the most important parts in the nation of Egypt. The fact that Britain was still trying to manipulate them like that meant this agreement wasn’t mutually beneficial. These factors can keep Egypt behind other indepen dent countries in the 1930’s. Another country I feel like is least likely to succeed is Iraq, because during the 1930’s they were stillShow MoreRelated Middle East Essay1502 Words   |  7 Pages The Middle Eastern culture has many different nationalities within their population including Arabians, Iranians, Iraqis, Pakistanians, Egyptians, Saudi Arabians, and many more. The most common religion found in the Middle East is Muslim. However not every Middle Easterner is Muslim, there are also other religions just as in any country such as Christian and Jewish. There are more than seven million Muslims living in America and over 1.5 billion worldwide. Many Middle Eastern Muslims who are conservativeRead More Women in the Middle East Essay2309 Words   |  10 PagesIn the book, Women in the Middle East, a Saudi Arabian proverb states, A girl possesses nothing but a veil and a tomb (Harik and Marston 83). The key words, veil and tomb lend evidence to the fact that many Middle Eastern women lack identity symbo lized by the â€Å"veil† and lack the right of ownership except for their veil and the tomb. This statement further enforces the notion that many women in the Middle East are expected to serve and tolerate the oppression of the men in their lives throughoutRead More Women in the Middle East Essay807 Words   |  4 PagesWomen in the Middle East Women’s rights in the Middle East have always been a controversial issue. Although the rights of women have changed over the years, they have never really been equal to the rights of a man. This poses a threat on Iran because women have very limited options when it comes to labor, marriage and other aspects of their culture. I believe that equal treatment for women and men is a fundamental principal of international human rights standards. Yet, in some places like IranRead MoreMiddle East Conflict Essay859 Words   |  4 Pagesarea known as the Middle East since shifts in global power over the years have affected the topography. Now, however, the region can expansively be said to contain â€Å"the area from Libya E to Afghanistan, usually including Egypt, Sudan, Israel, Jordan, Lebanon, Syria, Turkey, Iraq, Iran, Saudi Arabia, and the other countries of the Arabian peninsula† (dictionary.com). This geographical definition can be said to contain both the ‘Near E ast’, ‘Middle East’, and even farther to the East and into AfricaRead MoreThe Middle East: A Brief Overview Essay1116 Words   |  5 PagesErased/deleted old title which did not make sense within body of essay nbsp;nbsp;nbsp;nbsp;nbsp;The Middle East is a region in Southwest Asia that includes the countries of Saudi Arabia, Yemen, Oman, U.A.E., Kuwait, Iraq, Jordan, Israel, Lebanon, Syria, Cyprus, Turkey, Iran, and Afghanistan. The aspects that make up all that is geography in the Middle East include physical geography, economic geography, religion, and human history. The Middle East is known for its physical geography, being the largestRead More The Middle East: Conflict in Journalism Essay1619 Words   |  7 PagesThe Middle East: Conflict in Journalism Before beginning my essay, â€Å"The Middle East, Conflict in Journalism†, I would like the reader to read a few terms. These are merely food for thought, do whatever with them you wish. Conflict: A state of disharmony between incompatible or antithetical persons, ideas, or interests; a clash. (The American Heritage) War: A state of open, armed, often prolonged conflict carried on between nations, states, or parties. The period ofRead MorePeace in the Middle East Essay1991 Words   |  8 PagesPeace in the Middle East There will never be peace in the Middle East. The idea of peace in a certain region is a silly notion. What region has truly ever known peace? Allow me to rephrase my thesis: There will never be peace in the Middle East as long as western powers intervene into Arab affairs. It is common knowledge that throughout history western powers have colonized, occupied, and exploited indigenous people in the name of national interest, national security, and manifest destiny.Read MorePeace in the Middle East Essays1089 Words   |  5 PagesThe text begins its history with the Middle East around the time of Muhammad and the creation of Islam. From that time forth uprisings, demonstrations and acts of violence were commonplace and have continued to be since that time. To dig a little deeper and go back a little further in Middle East history one will find that this pattern of unrest stems from as far back as proof provides. To see a timeline of significant wars or battles of the Middle East, th e picture is better illustrated on justRead MoreU.S. and The Middle East Essay893 Words   |  4 PagesThe role of the Middle East has been very crucial to the United States, especially after WWII. The U.S. had three strategic goals in the Middle East and consistently followed them throughout various events that unfolded in the region. First, with the emergence of the cold war between the Soviet Union and the U.S., policymakers began to recognize the importance of the Middle East as a strategic area in containing Soviet influence. This also coincides with the U.S. becoming increasingly wary of ArabRead MoreDemocracy in the Middle East Essay1416 Words   |  6 PagesOver the last century, the Middle East has been the location of ethnic rivalry, political and economic instability, religious conflict, territorial dispute and war. Much of this tension in the Middle East comes from the various interpretations of Islam and how the religion should be applied to politics and society. Over the last ten years, the United States and their allies have pushed to promote democracy in the Middle East. However, they too have many obstacles they must overcome. They face problems

Research Paper on Environmental Factors in global and domestic marketing - Free Essay Example

Sample details Pages: 5 Words: 1388 Downloads: 5 Date added: 2017/06/26 Category Marketing Essay Type Research paper Did you like this example? ABSTRACT The research paper has been prepared on Environmental Factors in global and domestic marketing. The main objective of this research is to understand the complete meaning of this subject and analyze the current marketing fundamentals. Several evidences have been used to support the topic. It presents key concepts that are practical and useful. INTRODUCTION TO MARKETING Prior to starting with discussing the Environmental factors for domestic and Global marketing, we must get an understanding of what is marketing? And what is the significance of marketing in the growth of a firm? MarketingÂÂ  is the one of the most important process by which companies attract customer interest in goods or services. It generates the plan and strategy that underlies sales techniques, business communication, and business developments.ÂÂ  It is an integrated process through which companies retain the existing customers and attract new customers which is directly proportional to turnovers and profit. The adoption of marketing strategies requires businesses to shift their focus fromÂÂ  productionÂÂ  to the perceived needs and wants of their customers as the means of stayingÂÂ  profitable. Marketing is used to identify theÂÂ  customer, to satisfy theÂÂ  customer, and to keep the customer. As a customer with respect to the market ing of a company, my expectation would be what new the firm has to offer. To keep the interest of customer a firm must keep on upgrading the feature of product or bringing new products and keep the marketing to the best. Marketing is based on various environmental factors which are Social Economical Technological Competitive Regulatory Social factor defines the demographic characteristics of population, gender differences, buying patterns of the customer, culture attitudes and diversity. Economical factor defines the standard of living on customers, purchasing power of the customers, expenditures, and resources that affect the business running cost. Technological factor defines the engineering work. Competitive factor defines firms which work in same area or in layman language produce same product or provide same services. Regulatory factor defines patenting of the product, licensing related, taxes, contracts, permits etc Don’t waste time! Our writers will create an original "Research Paper on Environmental Factors in global and domestic marketing" essay for you Create order GLOBAL ECONOMIC INTERDEPENDENCE Global Economic interdependence is all about the relationship between countries or regions that depend on each other for the business and product or service to be consumed. This interdependence comes with the skill of the labor, the availability of labor, cheap labor and natural resources used into manufacturing of the products etc. The manufacturer of product A is the buyer of B and the producer of B may be buyer of C, so this creates an interdependence cycle. If A is good in business then B business is enhanced as A has purchasing power to buy B. Let me explain this with an example.USA outsource the Information Technology related work to countries like India and China coz India and China has cheap labor which has expertise into Information Technology which is making US economy strong and also the development of these counties as it is generating job opportunities into Asian countries, with this increase in standard of living and purchasing power Indian and Chinese can af ford to purchase US products. IMPORTANCE OF DEMOGRAPHICS AND PHYSICAL INFRASTRUCTURE Demographic and physical infrastructure has huge impact on the firms policy making and planning the lines on which the firm would work. For example there is a construction company Paul Constructions which is deciding which cities it should target for next 5 years to put on their project, for this Paul Construction has to consider which cities are growing in population and the standard of living of people of cities going up so that they can purchase the special product of the firm. Some firms start up their branch only in cities which has great infrastructure .Infrastructure is a main thing which support to a firm. An IT company which has all international clients then must be near to an international airport so that the client and employee do not take time in travelling. Good roads and other ways of transportation decide the time the product reaches market from the assembly line, any sort of delay is revenue losses. Suppose a luxury car company wants to set up a show room into a city then it has to consider the purchasing power of the people of the city or region. It doesnt make a sense that a manufacture set up a branch or show room where hardly somebody has the standard of buying the product. INFLUENCE OF CULTURAL DIFFERENCES Culture relates to language, religion, values, education, social organization, technology and material culture, law politics and aesthetics. International marketing must keep in mind the cultural aspect of the region where they want to promote the business in coming time. The region which has a different language or style then marketing in same language or style has great impact on customers. The marketing manager must keep in mind that the marketing strategy has positive religious aspect, there should not be any hurting to religious feeling of the customers. There are vast variations of values and attitudes between nations and even within. Deep knowledge and detailed analysis of the local environment is needed prior to taking product or service to that locality. The level and nature of education vary between nations and regions, so with respect to marketing right medium and way has to be applied so that consumer gets attracted to the product, for example audio adverti sements are more significant in regions where literacy rate is low rather than printed. A marketing manager has to consider how a nations society is organized; the level of influence of class or casts upon a society needs to be considered. Technology and Material culture has to be also kept in mind while preparing the marketing strategy where in one must consider the power sources, roads, and other infrastructure and how fast in a region technology advancement would happen etc. The political ideology on which the society is based will impact marketing strategy for example UK has completely different political setup then an African country, Aesthetics is all about bringing the artist out of you through any medium may be smell, taste or color BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILITY Business ethics and corporate social responsibility is a big factor in deciding marketing plan and strategy. Business ethics and corporate social responsibility is not about laws and regulations within the firm or the legal standards but it is gaining the confidence and respect of the consumer to sell the product. Firms are aiming towards better business practices and ethical behavior. Demand of a product of the company is directly promotional to the higher standard of corporate social responsibility. For example Indian IT companies believe in transparency of the funds it gets from the client so that the client gets a clear picture of what he is paying? Is he paying right? Such a practice earns them the respect and confidence of the clients. There are a number of actions which a company can take but they may legal but unethical. Some companies ignore this factor in order to earn right profits but have to face consequences afterwards. Foreign Corrupt Practices Act of 1977 Foreign corrupt practices act was enacted by congress in 1977 to stop the bribery practices to gain foreign business. This act has two salient points 1) how to spot FCPA issues and 2) how to recognize a bribe violation. INFLUENCE OF TECHNOLOGY Technology has great impact on marketing research and strategy. Technology changes or rather advances the ways in which the research is done, the way marketing manager gets tuned with advance technology coming in. There is a huge impact of technology in storing, retrieving the companies and consumers data which helps in vast way in doing marketing research. The advancement of technology has brought in the better ways of communicating with customers for example now customer do not have to go out to stores to buy a product rather they can order it online using internet. Internet is the biggest means of advertisements and marketing, sites for various companies and firm who maintains customer relationship where customer can input feedback s and complains of a product he/she has bought or get online assistance of how to use it etc. Search engines like Goggles etc help in great deal in finding the information and collection of raw, fact and figures to bring up the marketing strategy.

Animal Products Used For Animals - 700 Words

There are various animal products used for animals. Products used for animals are silk, cashmere, and other animal products. Silk is the fiber that silkworms interlace to make cocoons. A silkworm is a trained insect, in nature, that goes through metamorphosis. Silk is derived from the cocoons of larvae. Approximately 3,000 silkworms die to make every pound of silk. The second animal product is cashmere which comes from goats underbellies. The goat that has cashmere fur is commonly kept on farms where they are dehorned and castrated and have their ears notched without anesthesia. While on the farm young goats are killed 50 to 80 percent of the time for not having the coat that meet standards. (Silk, Cashmere, Shearling, and Other Animal Products Used for Clothing.PETA. N.p., n.d. Web. 04 Jan. 2015.) There are lots of ways people use animals for entertainment. For example people use animals as entertainment by dogfighting, cockfighting, and also captivity. Dog fighting is a type of blood sport, usually well-defined as conflicting two game dogs against one another in a pit or ring for the entertainment of watchers, or the fighters also called dog men. Dog fights are often in rural areas held in barns or outdoor pits, in urban areas, fights can take place in garage, basements, back alleys and more. Dog fights mainly last until one dog is declared winner which occurs when one dog fails to scratch, one dog dies or one dog jumps out the pit. The loser if not killed in the fight,Show MoreRelatedDo Animals Have Rights. Animals Are Used To Test The Products3736 Words   |  15 PagesDo Animals Have Rights Animals are used to test the products that we use in our everyday life. Is it ethical or right to test our products on animals? If animal testing were not used, how would the safety of the products we use be insured? If animals were not used in medical testing, how would researchers come up with new medicines and vaccines? Different people have different opinions about this issue. Arguments abound for both sides. In order to have an organized argument, there must first beRead MoreShould Animals Be Used For Product Or Medical Research?767 Words   |  4 PagesThat’s what animals go through almost everyday. Animal medical research and animal testing has been going on for years and years and needs to be stopped immediately. They have lives just like us and are being treated like their nothing. Animals should not be used for product or medical research. To begin with, the behaviors of animals has become violent because of animal research. A 2013 poll showed that two thirds of respondents oppose testing cosmetics and other consumer products on animals. (â€Å"Is animalRead MoreAnimal Testing Is Wrong1495 Words   |  6 PagesHarmful Testing on Animals is Wrong In American society, many groups and organizations are debating whether or not animal testing should be banned. Some people believe that there are reasons why animal testing should be done. Others believe that animal testing is morally wrong. Some experts believe that there are other options available. I believe that animal testing is wrong based on three observations: animal testing is unethical, pointless, and abusive. Numerous years ago, animal testing was startedRead MoreEssay on Animal Research Bill655 Words   |  3 Pages__________. Animal Testing Bill Section One: This bill will set rules to any make-up company creating cosmetic products for humans. Companies who create the make-up must have the product tested on animals before testing on humans. Section Two: Congress hereby finds and declares that cosmetics has been flawed because of it’s lack of sufficient research. In order to fulfill an efficient research (synonym), cosmetic companies should undergo animal testing. Products created by the companyRead MoreAnimal Testing Should Be Outlawed Essay1158 Words   |  5 Pagesmillions of innocent and helpless, animals are being tortured and murdered. They are used for product testing as well as to put into products without consumer knowledge. These defenseless animals are deprived of respect and are victimized to an extent where it becomes unbearable to watch. There are many organizations that are trying to fight for animal rights. However, these organizations struggle with is because there is no legislation in the United States to combat animal testing. Even though it is notRead MoreAnimal Testing Should Be Banned878 Words   |  4 PagesKazmierczak Mrs. Kaiser English 11 29 May 2015 Animal Testing You are one of the 26 million each year chosen to suffer from testing and in laboratories. You are one of the fifty chosen just for that certain test. You are and the other 26 million are not the lucky ones. That 26 million are being murder in laboratories every year (Should Animals†¦ Testing? 1). Innocent animals are being brutally killed to serve humans through animal testing for cosmetic products when this brutality could be stopped by educatingRead MoreAnimal Testing Should Stop Testing Their Products On Animals1722 Words   |  7 Pageshistory, animal experimentation has played a significant important role in leading to new discoveries and human benefit. However, what many people tend to forget are the numbers of animal subjects that have suffered serious harm during the process of experimentation. Each day across America innocent animals are used as test subjects for products that have little to no relevance importance. Animal testing has had many negative issues arise i n society in a negative way. Debating over the animal rightsRead MoreAnimal Experimentation Is The Cruel Silent Animal1349 Words   |  6 PagesAnimal Experimentation No doubt, we all love our products whether it be beauty, medicinal, or cleaning purposes. Of course they satisfy our needs and maybe even go above and beyond and just make the smallest difference or the biggest in our lives by improving or making things easier. Ever wonder how these products go about being made? Probably not. This however is something we should consider paying close attention to. Behind the scenes of our most favorite products is the cruel, silent methodsRead MoreAnimal Testing Should Be Banned1326 Words   |  6 Pagesbelieve animal testing is necessary to ensure medicines and cosmetic products are safe, alternative methods of testing, such as in vitro tests and EpiDerm, are available and should be implemented. Animal testing is the use of animals in research to determine the safety of a product. Animal testing is an outdated science while alternative, non-animal methods are rapidly becoming more effective. Laws in the United States do not require cosmeti cs or medicinal drugs to be tested on animals, only thatRead More Its Time to Stop Animal Research, Testing, and Experimentation1594 Words   |  7 PagesTime to Stop Animal Research, Testing, and Experimentation    Using animals in research and to test the safety of products has been a topic of heated debate for decades. According to data collected by F. Barbara Orlans for her book, In the Name of Science: Issues in Responsible Animal Experimentation, sixty percent of all animals used in testing are used in biomedical research and product-safety testing (62). People have different feelings for animals; many look upon animals as companions

Organizational Citizenship Behavior in Ministry of Health Hospitals

Question: Describe about the Organizational Citizenship Behavior in Ministry of Health Hospitals? Answer: Role Of Administrator Flowers Hospital has created some 5-objective scheme, namely the Patient identification, Quality improvement, Concurrent review, Performance oversight plus responsibility, and Tools for all frontline employees. The mentioned objectives have made the administrator a necessary part of the hospital. The major role of manager is seen on each of guidelines that adjust accordingly on specified task. For Patient identification, manager needs to decide the way to recognize the real form of patient which is actually to be on the top priority for improving quality of the care provided and also to acknowledge most effectual prioritization of the patients as per their diseases. Also, the administrator needs to find the requirement to have a proper concurrent reviewer towards skimming through the patients' situation as well as prioritizing accordingly plus also monitoring the inadequacies if any (AL-AAMIRI, 2002). Processes To Be Managed Know and understand how to make or design plus monitor systems towards ensuring quality of the health care goods and services within the Flowers Hospital Define needs of the quality audit scheme used to carry out and manage quality standards specific to the Hospital Provide the real Tools for frontline a employee that was actually greed to be the beneficial one in Flowers Hospital. To make that the care protocols in reality are observed, and the health information regarding patient situations and to the way in which such conditions must be managed by the hospital standards also needs to be provided in some colored packets that is always accessible for staff and all the care providers. Producing some excellent services also could be a very mountainous task, yet manager with careful and prominent handling as well as construction of the quality auditing plus skill of quality management can attain such goal without any difficulty (Dessler, 2000). Role Of Communication Hospital administrators at times act as go-between for the department heads as well as medical personnel. Here the role of administrator arises and his duties include actual budgeting as well as fundraising, plus hiring doctors and even other medical employees.Healthcare administrator also is required to fully be capable of effectively communicating and also relating to the cadre of the individuals like Patients, vendors, investors and partners, industry leaders and also physicians as well as fellow administrators (KARAALP, TEKE CELEN, 2013). Healthcare administrators needs to be very much capable of properly demonstrating to every of above cadre of people because they in fact are equally significant, and can be also challenging when several parties have real competing interests. Therefore, relationship management, necessitates the good communication knowledge and skill, and is also essential quality for the healthcare administrator. Being a successful leader he also must be very mindful that the communication involves some additional oral skills; and includes ability to properly listen, write, plus effectively present the data and information (Mathis Jackson, 2003). Finally, in communicating plus managing the relations, the entire healthcare administrator must be capable to make sure that every party with whom the administrator corresponds are properly focused on the primary goal which adheres to organization's ethics and values. Role Of Manager In Coordinating Delivery of the health services in fact is very changing. Thus being a manager one must obtain effectual decision-making ability to address all the changes, plus to solve daily problems which they encounter within their departments. For managers to make proper decisions, they should also receive guidelines right from higher authority and utilize some helpful decision making tools (Mondy, Noe Gowan, 2005). Division of the work is another role of the manager as this maintains the coordination among staffs and people know what they need to perform and to what extent. In health field, people to communicate with actually are managers, and physicians, colleagues, patients, subordinates, and families, plus agencies. Regardless of level of the management, every manager needs to be capable to communicate properly as success of the performing management operations partly depends upon effective interaction (Smith, 1976). Jobs To Be Filled Registered nurse Experience required- supervised clinical knowledge and experience like a part of the academic program Medium yearly wage- $65470 Education- Bachelors degree, nursing license Medical care service manager a) Experience required- on job training b) Annual wage- $29370 c) Education- Associate degree 3) Medical assistant a) Experience required- On job training b) Annual wage0 $29370 c) Education- Graduate (Wise, 2013) Describe To Divide The Work Processes 1) Identification plus division of the work- organizing function will start with division of the entire work in small units. Every unit of the total work will be named a job. 2) Grouping jobs plus departmentalization- Just after division of work within small jobs that will be related as well as similar ones they will be grouped together plus put under sole department. 3) Departmentalization will be done through process of functional departmentalization 4) Assignment of the duties- just after dividing organization in some specialized departments every individual working within different departments will be assigned a proper duty that will match to his/her skill plus qualifications (Wise, 2013). 5) Establishing the reporting relationship- following the grouping of activities in dissimilar departments staffs will need to perform job. Advantages Of The Departmentalization Develop specialization Departmentalization will lead to benefits of the specialization. Through departmentalization, works will be easily divided into dissimilar departments on basis of all of their nature as well as responsibility that is entrusted towards skilled as well as efficient manager. Administrative control Within departmentalization, standard of the performance of every department plus objective to be attained can be properly planned. Fixation of the responsibility Departmentalization helps in division of works into some different units based on nature plus responsibility and this fixes up the tasks of each department and helps in keeping away confusions and conflicts (Mathis Jackson, 2003). Helpful for the expansion Departmentalization also facilitates the top manager towards directing as well as supervising work carried out by the subordinate staffs. It even helps in division of work into diverse units. Management development Departmentalization actually helps to grow plus develop novel managers through providing them chances and opportunities to undertake some independent decision as well as initiatives. References AL-AAMIRI, A. (2002). Organizational Citizenship Behavior in Ministry of Health Hospitals: Managers Perceptions. Journal Of King Abdulaziz University-Economics And Administration, 16(2), 43-62. doi:10.4197/eco.16-2.4 Dessler, G. (2000). Human resource management. Upper Saddle River, NJ: Prentice Hall. Finkler, S., McHugh, M. (2008). Budgeting concepts for nurse managers. St. Louis, Mo.: Saunders/Elsevier. KARAALP, T., TEKE, A., CELEN, O. (2013). Evaluation of administrative success levels of managers: the case of military hospitals. Gulhane Med J, 1. doi:10.5455/gulhane.27683 Mathis, R., Jackson, J. (2003). Human resource management. Mason, Ohio: Thomson/South-western. Mondy, R., Noe, R., Gowan, M. (2005). Human resource management. Upper Saddle River, N.J.: Pearson Prentice Hall. Smith, J. (1976). The managers. Mankato, Minn.: Creative Education. Wise, J. (2013). "Super managers" to be sent into failing hospitals. BMJ, 347(sep20 1), f5727-f5727. doi:10.1136/bmj.f5727

1984 - Summary and Book Report Tips

1984 - Summary and Book Report Tips Writing a Book Report If youre writing a book report on the novel 1984, you will need to include a summary of the story line, as well as all of the following elements, like title, setting, and characters. You must also make sure you include a strong introductory sentence and a good conclusion, as well. Title, Author Publication 1984 is a novel by George Orwell. It was first published in 1949 by Secker and Warburg. Currently it is published by the Penguin Group of New York.   Setting 1984 is set in the fictional future state of Oceania. This is one of three totalitarian super states that have come to control the world. In the world of 1984, the government controls every aspect of human existence, especially individual thought. Note: A totalitarian government is one that is strictly governed by a dictator (or strong leader) and expects complete subservience to the state. Characters Winston Smith – the protagonist of the story, Winston works for the Ministry of Truth revising historical events to favor the Party. His dissatisfaction with his life and the love he finds cause him to rebel against the Party. Julia – Winston’s love interest and his fellow rebel. O’Brien – the antagonist of the novel, O’Brien traps and captures Winston and Julia. Big Brother – the leader of the Party, Big Brother is never actually seen, but exists as a symbol of the totalitarian regime. Plot Winston Smith, disillusioned by the oppressive nature of the Party, begins a romance with Julia. Thinking they have found a haven of safety from the prying eyes of the Thought Police, they continue their affair until they are betrayed by O’Brien. Julia and Winston are sent to the Ministry of Love where they are tortured into betraying each other and accepting the truth of the Party indoctrination. Questions to Ponder 1. Consider the use of language. What irony exists in the naming of the Ministries?How does Orwell’s use of language contribute to the idea that language is power?How does Orwell’s use of misnomers contribute to the satire of 1984? 2. Examine theme of the Individual vs. Society What is a dystopian society?What does Orwell seem to be saying about the power of individual action?In what way does 1984 reflect the real political systems of the time, i.e.Communist Soviet Union or Fascist Nazi Germany? 3. What events or people could have influenced Orwell? Although the title is 1984, the book was published in 1949. What events around that time could have influenced Orwell?The Diary of a Young Girl was published in 1947, how could this work have influenced Orwell?1946 saw the first meeting of the United Nations General Assembly, did Orwell draw anything from this? Possible First Sentences The list of statements below are meant to help you develop a strong introductory paragraph. The statements may also help you construct an effective thesis statement for your paper. Big Brother is watching has become a common term in our modern language, but the phrase has lost some of its potency.  George Orwell’s 1984 is a novel of social science fiction.The danger of totalitarianism rests in its power to suppress the individual.The conflict between courage and betrayal is a central one in the novel 1984.

passing of the buff essays

passing of the buff essays In the New World, Europeans looked for ways so bring wealth. The source of wealth came from many different trades, the fishing aspect, oil, gold, slavery, and most of all land. Coming with the land wild animals that could be hunted, for sport, food, and most important fur. The fur that came from these animals was largely used in the world for clothing, leather for protection in the army, and to make the finest clothes from. The discovery of the buffalo help the fur trade really take off in the 1400. The first Europeans thought to discover the buffalo were the Portuguese in Africa in 1415. The buffalo hides were carried home and sold at premium prices all over Europe. The move westward to North America by the Portuguese found another kind of buffalo. The beast was an annormous creature weighing over a ton and measuring 12 feet in length. The buffalo roamed most of the continent of North America at this time. At about the year 1500, the buffalo were believed to have numbered more than 70 million individuals and were perhaps the most numerous, large mammalian species on the planet. This brought about the great fur trade in the new world, the English, Spanish, and French sought the fur of the buffalo and were in heavy competition for the animal. With the early colonization of the eastern sea board of America nearly wiped out the eastern buffalo. By 1720, the eastern buffalo consisted of a few small herds that had been by-passed and over looked in the mountainous areas. In 1790, according to a New York Zoological Society report, those hidden in the mountainous region had been reduced to 1 herd numbering 3 to 400 animals. In 1815, a bull was killed near Charleston, West Virginia. In 1825, a cow and her calf were killed in the Alleghenies. This was the last of not only the eastern buffalo but also the buffalo east of the Mississippi River. By ...

Analysis of Effectiveness of Behavior Patterns - Part 4 Essay

Analysis of Effectiveness of Behavior Patterns - Part 4 - Essay Example Older employees face biases and they constantly fear the job loss. The reason for this is that they are the victims of downsizing and management thinks that they are no more of any use to the organization. It is not a sensitive approach, because they have an experience and in the field of education, experienced teachers are considered to be more capable than the new teachers. Favoritism was observed in the workplace and the favorite staff members of the management enjoy extra leisure time than the other people. This evokes a sense of rejection and disappointment in other staff members. Asian and Africans also face biases in the workplace, and sometimes feel lonely and confused. They are not given the same status in the organization as the other employees. They face alienation from the staff members and usually sit by their own during the work time. There are many cues, which encourage learning and the management should adopt them in order to develop a learning environment in the organization. The first thing, which encourages employee to learn, is that manager himself is practicing, what he is asking them to do. This helps a lot and employees carry on the practice happily. Unfortunately, it is not practiced in this organization. The second thing, which encourages learning, is that regular training session should be arranged. This keeps the employees in the practice of learning and they learn new things and methodologies1. The use of technology must be encouraged and should be made compulsory. They should be introduced with the websites, containing material about their job and like this they will learn new techniques and will be aware of the new searches in their respected fields. The training session should include not only the employees of the organization but also the employees of the partner organizations can be included. T his will bring excitement in the employees and they will show more enthusiasm and interest. Different

The Real Future of Recycling Essay Example | Topics and Well Written Essays - 1000 words

The Real Future of Recycling - Essay Example recycling it is meant that the products which are being used once and thrown away are being manufactured in such a way that their raw materials can be used again to form the new products of the same generation. (Mitchell 2007) The logo ‘Reduce, reuse and recycle’ has been derived to lower down the waste products in the world and reuse these waste products to produce new efficient ones. Specific materials are present in this world which can be recycled which are glass, plastics, cans, metals, papers etc. Recycling has grown to be a global issue because of the alarming condition of the resources in this world and it has almost become obligatory on every household and businesses in the developed countries. (Yeoman & McKee 2000). This paper would revolve around the issue of Recycling and would provide both the viewpoints regarding the success or failure of Recycling in this world. The logo ‘Reduce Reuse and Recycle’ is specifically used to depict the process of recycling in this world. In developed countries it is seen that many of the households and businesses have taken special measures which help in recycling products which are being used. Authorities in these developed countries are taking measures which would ensure that recycling rate is increasing. As quoted by Sandy Irvine â€Å"the European Commission is making moves in the same direction.† (1998) Businesses such as shopping markets and business centers have special sites for the dumping of articles which can be recycled. Similarly the citizens in the developed countries are obliged to dump all the products that are used in recycle bins so that they can be used again. Government is intervening in recycling programs by investing in roadside recycling bins and other plants which would help to recycle waste products. The waste products of households are usually taken by waste collect ion vehicles which then take the waste materials to specific plants (Mitchell 2007). As the waste products are a mixture of

Foreigners Essay Essay Example for Free

Foreigners Essay Essay Is Paia a better choice for Luba than Lachance? Luba Dominescu, the only girl of the Dominescu family, plays an important role in the novel â€Å"Foreigners†. After going through a hard time with her family in Canada, the country they have just immigrated to, Luba becomes more mature and her feminine charm gradually shows up. Paia Manescu and Lachance are two boys who fall in love with this young lady and they compete with each other to win her heart. Although the blue-eyed boy, Lachance, seems to be more attractive to Luba, Paia’s love for Luba has lasted for a long time and their families fully support their marriage. They also have more things in common to promote their relationship, such as language and culture. Furthermore, Paia can be both a nice husband and a wonderful son to help the Dominescu family out of difficulties. Therefore, Paia is a better choice for Luba than Lachance. First of all, Paia makes a better mate for Luba because Luba’s parents, Stefan Dominescu and Sofie Dominescu, have been really good friends with Paia’s parents since they were in their old country Romania. In these two families, â€Å"It had always seemed clear to everyone that Luba would marry Paia† (155). As soon as the second time Lachance visits the Domincescu to court Luba, Stefan along with Luba purposely visits Paia’s family to tell them that it is necessary now for Paia to propose to Luba if he wants to marry her. This example shows that Luba’s parents wish their daughter to choose Paia instead of Lachance and there is no doubt that a life of marriage with parents’ blessing and full support will be happier. In addition, for Luba herself, she has known Paia since they were little children and â€Å"he had cared her for such a long time† (158). However, Paia is just a boy she knows from school only a few months ago. Compared with Lachance’s unfamiliar and sudden affection, Paia’s love is obviously more reliable and sincere. Another advantage Paia has is that he comes from the same country as Luba, in other words, â€Å"he was one of her people, spoke the same language, played the same music† (158). As a mew immigrant, Luba apparently can not speak English exactly the correct way so that if she marries an English boy like Lachance, she may have difficulties communicating with her husband and it greatly increases the possibility of misunderstanding and arguments between the couple. Besides language, things such as traditions, eating habits, belief and music are also important factors that can influence a relationship. For instance, when Lachance plays music at Luba’s home, â€Å"the tunes sounded strangely to the Romanians’ ears† (155). However, since Paia grows up in the same culture as Luba, there are no cultural differences and communication barrier between he and Luba and it is a lot easier to maintain and improve their relationship. Not only can Paia be a better husband, but he also becomes a more helpful son of the Dominescu family. After Luba marries Paia, they will live in the same house with Sofie and Stefan and stay with Luba’s family rather than follow Lachance to join his father and have â€Å"a more unsettled life† (158). In this way, Luba is able to continue to take care of her little brother and â€Å"Paia would work with tata, helping with everything† (158), which means Paia can share the heavy burden of supporting the whole family that has placed on Stefan’s shoulder since they moved to Canada. These two aspects shows that Paia both brings more family happiness to Luba and helps the Dominescu family gradually get out of difficult circumstance. In conclusion, marrying Paia is obvious a better choice for Luba. He cares for Luba for a longer time than Lachance, has more support from their parents and he shares the same culture and speaks the same language as Luba. Also, he can take care of Luba, as well as her family. Although Luba has difficulties choosing her husband between two gentlemen who are both charming and attractive, it is still lucky for her to have the freedom to decide her own marriage.

Initiation in Mark Twain’s The Adventures of Huckleberry Finn Essay

Initiation in The Adventures of Huckleberry Finn In the Adventures of Huckleberry Finn, â€Å"Initiation† is the main idea, in other words the â€Å"major theme.† In an initiation narrative, the protagonist, who in this case was Huck Finn, goes through a rite of passage, a growing up process, which is multifaceted. In a moment of crisis, the protagonist is suddenly obliged to make the painful and alarming transition from childhood to adulthood; this passage is known as the initiation. The initiation is the protagonist’s first step or movement into a new beginning. It is essentially a process by which the hero gains self-knowledge and finds his own identity. In the process, he also learns about the world in which he lives and the nature of evil. The Adventures of Huckleberry Finn, is a novel...

Market Survey on Commodities Future Trading

An Industry Internship Project On COMMODITIES FURTURE TRADING WITH RESPECT TO GEOJIT COMTRADE LTD – MARKET SURVEY Done at CALICUT, KERALA Under the guidance of MRS. C. ANITHA RANI (Asst. Professor of Marketing Dept. ) (Project Guide) Mr. CHACKO . C. VARGHEESE (Regional manager) (Corporate Guide) Submitted By: LAKSHMI. P. K Roll No: 20028 SIVA SIVANI INSTITUTE OF MANAGEMENT KOMPALLY, SECUNDERABAD ACKNOWLEDGEMENTFirst of all I would like to thank Geojit COMtrade Ltd, which is a leading organization in commodity trading, for giving me an opportunity to work with them and to do Market Research to gain practical knowledge of how a Commodities Company works. My special obligations to my corporate guide Mr. Chacko C Varghese, Regional manager, GC Branch, Calicut, for granting permission to do the project in their esteemed organization. I thank him for dedicating his valuable time in reviewing my project work periodically and for directing me all the way.I am deeply indebted to thank my faculty guideAsst. Prof. C. Anita Rani. I also like to thank all my faculties who have taught me and haveshared their experience with mewhich has helped us in doing my project. I am thankful to Mr. Ajeesh Paul and Mr. Bijesh K. B, senior executives of Geojit COMtrade ltd, Calicut who was always ready to clarify my doubts related to the topic. And my sincere thanks to them. Also, I am thankful to my family, friends, and classmates and to the Almighty.Date: Signature Place: DECLARATION I, Lakshmi. P. K declare that this project entitled â€Å"Market research on commodity future trading with respect to Geojit COMtrade Ltd. †, submitted for the award of the PGDM Triple Specialization is a record of original project – research study- carried out during April 5th- June 5th) , that the project has not formed before the basis for the award of any Degree/ Diploma/ Associateship/ Fellowship of any other similar title.Ithas been completed by me at Geojit COMtrade Ltd, Calicut under the guidance ofAsst. Prof. Anita Rani,faculty of marketing department of Siva Sivani Institute of Management. Date: Signature Place: C O N T E N T S DECLARATION ACKNOWLEDGEMENT CERTIFICATE TABLE OF CONTENTS PAGE NO Chapter – IIntroduction 5 Statement of problem 5 Objectives of the study 6 Scope of study 6 Literature Review 6 Chapter – II Industry Profile 8 Company Profile 19 Departmental Details 26Chapter-III Research Methodology 44 Sources of data 45 Sampling Plan 45 Limitations 45 Chapter IV Data Analysis: Interpretation and Findings 46 Chapter-VSWOT Analysis 71 Conclusion 73 Suggestions 74 Bibliography 75 Annexure 76 CHAPTER -I INTRODUCTION Commodity trading is an area which has gained prominence ever since the dawn of civilization.It can be attributed to the fact that commodities are an integral part of our lives. Over these years there has been a tremendous growth in this segment which in turn has acted as the pillar of strength for the developmen t of our economy. This has made it an attractive investment avenue for investors. Earlier we witnessed lot of money being invested in those companies which specialized in the production of commodities. Now we have a trend reversal; commodities have gained prominence over the times.The rapidly advancing technology, particularly the Internet, has drastically changed the social and economic landscapes and every aspect of our daily lives. In the Securities Industry & Futures Commodities, the Internet has facilitated on-line trading, changing the way the market works, as well as the way the investors access the market. Having taken advantage of information technology at an opportune time, India has emerged as a front-running country of on-line trading in the global securities & commodities markets. On-line trading† is broadly defined as a trading mechanism where investors place orders and confirm trading results via electronic communication channels, such as the Internet, mobile ph ones, In India, the whole process of securities & commodities transactions, from order placement and routing, order execution, to trade confirmation, is fully automated, thus enabling the investors who have placed orders to confirm their trading results within few seconds. Geojit COMtrade Ltd. is a commodity trading service firm. It specializes in agricultural commodities, base metals, precious metals, bullion, and energy.The firm engages in trading services on commodities traded on the MCX and NCDEX in India. Its Research Division offers technical and fundamental research services. The firm also provides research on markets, currency, and economy. Geojit COMtrade Ltd. is based in Kochi, India. STATEMENT OF THE PROBLEM Online future commodities trading involve personal factors, technical factors, business factors and economic factors. The interplay of these factors on commodities market requires a deep study about the pattern process and procedures and performance.This study is inte nded to identify the various concepts about online commodities trading and its way of functioning. 1. To identify the level of awareness of commodities online future trading. 2. To identify the target consumer for online trading of commodities. 3. To identify the preference of customers to various investment avenues like commodity market, shares, mutual fund, bank deposits, insurance, debentures and post office savings. 4. To identify the awareness level of Geojit COMtrade Ltd. and feedback from the customers about the firm. OBJECTIVES OF THE STUDYMy project work programmed was also directed to some particular targets and the main objectives of the study are as bellow; 1. To clearly state the awareness level about Geojit commodities 2. To understand the perception of people about Geojit commodities 3. To devise an approach by making people aware of Geojit commodities The Main purpose of conducting the Survey for Geojit COMtrade Ltd * To identify the target consumer for commodities b usiness. * To identify the preference of customers to various investment avenues like commodity market, shares, mutual fund, bank deposits, insurance, debentures and post office savings. To identify the awareness level of Geojit COMtrade Ltd. and feedback from the customers about the firm. * To get a feel of the Customers’ perception about Geojit commodities services products. * To find an appropriate communication message for attracting the people to Geojit COMtrade Ltd SCOPE OF THE STUDY Globalization of the financial market has led to a manifold increase in investment. New markets have been opened; new instruments have been developed; and new services have been launched. Besides, a number of opportunities and challenges have also been thrown open.Online Commodities trading is new as compared to Equity market in India. Mainly three exchanges are involved in online commodities trading MCX, NCDEX & NMCE LITERATURE REVIEW So many studies are made in the area of commodity futur e trading. Some of the important studies are reviewed as follows; In a well-known literature survey on commodity futures research, Gray and Rutledge observed that, ‘Anyone who undertakes a survey of the literature on futures trading is confronted with an amorphous and rather disjointed list of publications (1971 p 57).Some of the pioneers in futures research, like Hol brook Working, Roger Gray, Tom Hieronymus, Allen Paul, and Henry Bakenwere based on an in-depth understanding of economic institutions, an appreciation of the major problems facing the industry, and careful analysis of relevant data. Gray and Rutledge (1971) provide the most comprehensive survey on futures markets and the topics covered in their review include evolutionary aspects of futures markets, inter-temporal price relationships, and concept of hedging, price variability, and the stochastic nature of price fluctuations. The Keynesian theory of normal backwardation was one of the earliest theories of the int er-temporal futures prices and it postulated that futures prices are biased estimates of forthcoming cash prices because hedgers must compensate speculators for assuming the price risk of holding future contracts * Working (1949) developed the idea that the primary function of commodity futures markets was the provision of the returns for the storage services, and he viewed inter-temporal prices as the jointly determined price of storage. Holbroook Working (1953) categorized alternative motives for commercial hedging in the commodity futures and these categories continue to be valid today. The three arbitrage hedging, operational hedging and anticipatory hedging. Since the futures and cash price converge in the delivery month, a commercial firm can ‘arbitrage’ the two markets and earn a risk-free return from the predictable change in the basis- the mathematical difference between the futures and cash price.Operational hedging facilitates commercial business by allowing firms to buy and sell on the futures markets as temporary substitutes for the subsequent cash market transactions. This provides firms with an avenue for being flexible in day-to-day operations and reducing price risk. Anticipatory hedges involve buying or selling futures contracts by commercial firms in ‘anticipation’ of the forthcoming cash market transactions. Price expectation plays a major role in this type of hedge. * Leuthold and Tomek (1980) explained that semi-perishables (e. . , butter, eggs, onions, potatoes) were traded at the turn of the century but the introduction of trading in nonstorables such as live hogs and live cattle in the 1960s was a watershed for the industry. They argued that since future prices for nonstorables are not being used to allocate inventories, forward pricing is an important economic justification for these markets They pointed out that some of the farmers remain concerned about the alleged adverse influence of futures trading. Acco rding to theoretical literature, primary commodity producers stand to derive considerable price risk reduction benefit from hedging with either future contracts or forward contracts (Johnson 1960; Stein 1961; McKinson in 1967; Danthine 1978; Holthausen 1979; Feder, Just and Schmitz 1980; Andearson and Danthine 1983) * According to empirical literature either minimum variance hedge ratios or optimal hedge ratios (i. e. % of output to be hedged) and has found large potential risk reduction benefits from hedging (Henifner 1972; Peck 1975; Ederington 1979; Grant and Eaker 198559; Casteino 1992; Lene, Kimle, and Hayenga 1993) * But both theoretical and empirical literature appears to contradict reality because very few primary producers actually hedge (Helmuth 1977; Berk 1981; Brorsen 1995) * Survey results of Blank, Carter and McDonald 1997 found thatfarmers prefer forward contracting to direct hedging with future contracts.According to Miller (1986) the one key distinguishing feature b etween these two factors is the absence of basic risk in forward contracting. * Carter and Loyns (1985) found that due to a high basis risk, there was a little incentive for Canadian feedlots to hedge cattle on the Chicago futures market. * Rolfo in 1980 suggested production risk as an explanation for the lack of hedging interest in the real world. Most research needs to be directed towards the impact of government farm programs on commodity futures markets, along the lines of Crain and Lee (1996) * The theory of price of storage explains inverted markets by appealing to the concept of convenience yield. According to this theory, the futures price can be less than the spot price plus the cost of carry when the commodity generates convenience yield. CHAPTER -II INDUSTRY PROFILE 1) COMMODITY MARKET A commodity is a material that is traded in big quantities and whose quality standards and price are objective and universally applicable.For example, gold is a commodity because quality st andards and price of gold are objective and universal, but gold jewelry is not a commodity because the price of jewelry depends on subjective factors such as design, brand image, etc. Other examples of commodities are: agricultural produce such as food grains, pulses, cotton, etc. ; metals such as nickel, zinc, aluminum, etc. Commodity markets  are markets where raw or primary products are exchanged. These raw commodities are traded on regulated  commodities exchanges, in which they are bought and sold in standardized contracts.It covers physical product (food, metals, and electricity) markets but not the ways that services, including those of governments, nor investment, nor debt, can be seen as a commodity. Commodity Market is an organized trader’s exchange in which standardized, graded products are bought and sold. Worldwide, there are 50 major commodity exchanges that trade over 100 commodities, ranging from wheat and cotton to silver and oil. The trading of commoditi es consists of direct physical trading and derivatives trading. Exchange traded commodities have seen an upturn in the volume of trading since the start of the decade.This was largely a result of the growing attraction of commodities as an asset class and a proliferation of investment options which has made it easier to access this market. Commodity trading Spot trading Spot trading is any transaction where delivery either takes place immediately, or with a minimum lag between the trade and delivery due to technical constraints. Spot trading normally involves visual inspection of the commodity or a sample of the commodity, and is carried out in markets such as  wholesale markets.Commodity markets, on the other hand, require the existence of agreed standards so that trades can be made without visual inspection. Forward contracts A  forward contract  is an agreement between two parties to exchange at some fixed future date a given quantity of a commodity for a price defined toda y. The fixed price today is known as the  forward price. Futures contracts A  futures contract  has the same general features as a forward contract but is transacted through a futures exchange. Futures contracts — which set a price for the delivery of a particular commodity in, say, six months or a year — are not themselves to blame.They're the grease that makes these markets function. Futures allow businesses like power companies or airlines to hedge against increases in fuel costs, or food processors to smooth over fluctuations in the price of wheat and corn. Wall Street plays an invaluable role, too, since financial investors — those betting that prices will fall, as well as those betting they'll rise — provide crucial liquidity. Commodity and futures contracts are based on what’s termed forward contracts. Early on these forward contracts — agreements to buy now, pay and deliver later — were used as a way of getting products from producer to the consumer.These typically were only for food and agricultural products. Forward contracts have evolved and have been standardized into what we know today as futures contracts.. In essence, a futures contract is a standardized forward contract in which the buyer and the seller accept the terms in regards to product, grade, quantity and location and are only free to negotiate the price. Hedging Hedging, a common practice of farming cooperatives insures against a poor harvest by purchasing  futures contracts  in the same commodity.If the cooperative has significantly less of its product to sell due to weather or insects, it makes up for that loss with a profit on the markets, since the overall supply of the crop is short everywhere that suffered the same conditions. Delivery and condition guarantees In addition, delivery day, method of settlement and  delivery point  must all be specified. Typically, trading must end two (or more) business days prior to the delivery day, so that the routing of the shipment can be finalized via ship or rail, and payment can be settled when the contract arrives at any delivery point.Most trading is done in futures contracts, that is, agreements to deliver goods at a set time in the future for a price established at the time of the agreement. Futures trading allow both hedging to protect against serious losses in a declining market and speculation for gain in a rising market. For example, a seller may sign a contract agreeing to deliver grain in two months at a set price. If the grain market declines at the end of two months, the seller will still get the higher price quoted in the future contract.If the market rises, however, speculators buying grain stand to profit by paying the lower contract price for the grain and reselling it at the higher market price. Spot contracts, a less widely used form of trading, call for immediate delivery of a specified commodity and are often used to obtain the goods nece ssary to fulfill a futures contract. An independent U. S. regulatory agency, the Commodity Futures Trading Commission was established in 1974 to regulate commodity markets. In 1982, the Chicago Mercantile Exchange introduced a futures contract for Standard ; Poor’s 500 U.S. companies that allow investors to speculate on the future prices of the stocks. Trading of S;P 500 and other financial futures has broken down some of the barriers that once separated stock, bond, and commodity markets and made it easier for investors to hedge their stock investments. Critics charge that the futures trading at the commodity markets in Chicago have made stock prices more volatile. The Chicago Board of Trade is the largest futures and options exchange in the Unites States, the largest in the world is Eurex, an electronic European Exchange.GLOBAL COMMODITY MARKET It is the trading of materials used to make finished products, Is far more important that what the most people give it credit for. It’s what to gives millions consumers worldwide their cups of creamy lattes, their breakfast cereals, the steel for their home construction, and even the fuel to run their cars. In fact international commodity trading is a multi-billion dollar business, and on average the number of trade executed in the commodity exchanges are about five times as much as those on major stock exchanges.And to be honest in the recent past it has been anything but dull. In the past five years commodities have provided all the thrills and spills of a high octane Vin Diesel movie. The idea of trading in commodity future contracts is really very old –school, although it has occurred new age glitz because of electronic exchanges. Most experts trace their origins back to Japan, were rice futures were first traded in the 17th century. Future market for precious metals such as gold and silver has also been around since in the 19th century with maize contracts with the Chicago Board Of Trade (CBO T).Basically commodity futures allow buyers and sellers to make bets on the expected future spot prices. They help both sides obtain insurance for the future value of their outputs or inputs. Cereals were first to be traded under the future contracts and the farmers were the first to use such contracts as they protect them from any steep fall in the value of crop harvested in future. Commodity future differed from equity derivatives in three important ways; 1. They are derivative securities not claims on long living corporations. 2. They are short maturity claims on real assets 3. nlike financial assets, they experience distinct seasonal variations in price and volatility Today there are more than 50 commodity exchanges in the world wide trading in more than 100 products. The major products come under five categories; 1. Precious metals (gold, silver, platinum, etc. ) 2. Industrial metals (copper, nickel, aluminum, zinc, etc. ) 3. Agricultural commodities (wheat, corn, cotton, oilse eds, coffee, cocoa, sugar etc. ) 4. Livestock (pork bellies, cattle, etc. ) 5. Energy(crude oil, natural gas, petrol, diesel etc. ) Oil makes up the world’s largest commodity future market. Daily turnover on the New York Mercantile Exchange(NY mex) alone totals about $15 billion) followed by coffee, steel, gold and wheat. New contract ideas however keep popping up all the time. For instance, freight futures are also traded on the Norwegian futures and Options Clearing house and the Nymex. While the Chicago Mercantile exchnge9 now taken over by the CBOT) offers contracts on temperatures, useful for hedging agricultural commodity or energy prices. COMMODITY FUTURE TRADING EVOLUTION OF FUTURE TRADING AND ITS PRESENT STATUS Organized future market evolved in India by the setting up of â€Å"Bombay Cotton Trade Association Ltd. in 1875. In 1893, following widespread discontent amongst leading cotton mill owners and merchants over the functioning of the Bombay Cotton Trade Associa tion, a separate association by the name â€Å"Bombay COTTON Exchange Ltd. † was constituted. Futures trading in oilseeds were organized in India for the first time with the setting up of Gujarati VyapariMandali in 1900, which carried on futures trading in groundnut, castor seed and cotton. Before the Second World War broke out in 1939 several futures markets in oilseeds were functioning in Gujarat and Punjab.Future trading in Raw Jute and Jute Goods began in Kolkata with the establishment of the Calcutta Hessian Exchange Ltd. , in 1919. Later East Indian Jute Association Ltd. was set up in 1927 for organizing futures trading in Raw Jute. These two association amalgamated in195 to form the present East India Jute ; Hessian Ltd. , to conduct organized trading in both Raw Jute and Jute goods. In case of wheat, future markets were in existence at several centers at Punjab and U. P. The most notable amongst them was Chamber of Commerce at Hapur, which was established in1913.Other markets were located at Amritsar, Moga, Ludhiana, Jalandhar, Fazilka, Dhuri, Barnala and Bhatinda in Punjab and Muzaffarnagar, Chansausi, Meerut, Saharanpur, Hathras, Ghazibad, Sikenderabad and Barielly in U. P. Futures market in Bullion began at Mumbai in 1920 and later similar markets came up at Rajkot, Jaipur, Jamnagar, Kanpur, Delhi and Calcutta. In due course several other exchanges were also created in the country to trade in such diverse commodities as pepper, turmeric, potato, sugar and Gur (jaggory). After independence, the Constitution of India brought the subject of â€Å"Stock Exchanges and Futures† in the Union list.As a result, the responsibility for regulation of commodity futures markets developed on Govt. of India. A bill on forward contracts was reffered t an expert committee headed by Prof. A. D. Shroff select committees of two successive Parliaments and finally in December 1952 Forward Contracts (Regulation) Act, 1952, was enacted. The Act provided for 3- tier regulatory system; (a) An association recognized by the Government of India on the recommendation of Forward markets Commission (b) The Forward Markets Commission (it was set up in September 1953) (c) The Central Government.Forward Contracts (Regulation) Rules were notified by the Central Government in July, 1954. The Act divides the commodities into 3 categories with reference to extent of regulation, viz: (a) The commodities in which futures trading can be organized under the auspices of recognized association. (b) The Commodities in which the future trading is prohibited. (c) Those commodities in which have neither being traded under the recognized association nor prohibited are referred as free Commodities and the association organized in such free commodities is required to obtain the certificate of Registration from the forward Markets Commission.In the seventies, most of the registered associations became inactive, as futures as well as forward trading in the commodities for which they were registered came to be either suspended or prohibited altogether. The Khursho Committee(June 1980) had recommended reintroduction of futures trading in most of the major commodities, including cotton, Kapas, raw jute and jute goods and suggested that steps may be taken for introducing futures trading in commodities, like potatoes, onions, etc. at appropriate time.The government, accordingly initiated futures trading in Potato during the latter half of 1980 in quite a few markets in Punjab and Uttar Pradesh. After the introduction of economic reforms since June 1991 and the consequent gradual trade and industry liberalization in both the domestic and external sectors, the Govt. of India appointed in June 1993 one more committee on Forward Markets under Chairmanship of Prof. K. N. Kabra. The Committee submitted its report in September 1994. THE MAJORITY REPORT OF THE Committee ecommended that futures trading be introduced in 1) Basmati Rice 2) Cotton ; Kapas 3) Raw Jute ; Jute Goods 4) Groundnut, rapeseed/mustard seed, cottonseed, sesame seed, sunflower seed, safflower seed, copra and soya bean, ; oils and oilcakes of all of them. 5) Rice brain oil 6) Castor oil ; its oilcake 7) Linseed 8) Silver ; 9) Onions. The committee also recommended that some of the existing commodity exchanges particularly the ones in pepper and castor seed, may be upgraded to the level of international future markets.The liberalized policy being followed by the Government of India and the gradual withdrawal of the procurement and distribution channel necessitated setting in place a market mechanism to perform the economic functions of price discovery and risk management. The National Agriculture Policy announced in July 2000 and announcements of Hon’ble Finance Minister in the Budget Speech for 2002-2003 were indicative of Governments resolve to put in place a mechanism of futures trade/market. As a follow up the Government issued notifications on 1. 4. 003 pe rmitting futures trading in the commodities, with the issue of these notifications futures trading is not prohibited in any commodity. Options trading in commodity are, however presently prohibited. ECONOMIC BENEFIT OF FUTURE TRADING ; ITS PROSPECTUS Futures contracts perform two important functions of price discovery and price risk management with reference to the given commodity. It is useful to all segments of economy. It is useful to producer because he can get an idea of the price likely to prevail at a future point of time and therefore can decide between various competing commodities, the best that suits him.It enables the consumer get an idea of the price at which commodity would be available at a future point of time. He can do proper costing and cover his purchases by making forward contracts. The futures trading is very useful to the exporters as it provides an advance information of the price likely to prevail and thereby help the exporter in quoting a realistic price an d thereby secure export contract in a competitive market. Having entered into an export contract, it enables him to hedge his risk by operating in futures market.Other benefits of futures are: (i) Price stabilization-in times of violent price fluctuations – this mechanism dampens the peaks and lifts up the valleys i. e. the amplitude of price variation is reduced. (ii) Leads to integrated price structure throughout the country. (iii) Facilitates lengthy and complex, production and manufacturing activities. (iv) Helps balance in supply and demand position throughout the year. (v) Encourages competitions and acts as a price barometer to farmers and other trade functionaries.Futures trading are also capable of being misused by unscrupulous speculators. In order to safeguard against uncontrolled speculation certain regulatory measures are introduced from time to time. They are: (a) Limit an open position of an individual operator to prevent over trading. (b) Limit on price fluctu ation (daily/weekly) to prevent abrupt upswing or downswing in prices (c) Special margin deposits to be collected on outstanding purchases or sales to curb excessive speculative activity through financial restraints. d) Minimum/maximum prices to be prescribed to prevent future prices from falling below the levels that are un remunerative and from rising above the levels not warranted by genuine supply and demand factors. During shortages, extreme like skipping trading in certain delivers of contract, closing the markets for a specified period and even closing out the contract to overcome emergency situations are taken. PROSPECTS With the gradual withdrawal of the government from various sectors in the ost liberalization era, the need has been felt that various operators in the commodities market be provided with a mechanism to hedge and transfer their risks. India’s obligation under WTO to open agriculture sector to world trade would require futures trade in a wide variety of primary commodities and their products to enable diverse market functionaries to cope with the price volatility prevailing in the worlds market. CHARECTERISTICS OF FUTURE TRADING A â€Å"Futures Contract† is a highly standardized contract with certain distinct features.Some of the important features are as under: (a) Futures trading are necessarily organized under the auspices of a market association s that such trading is confirmed to or conducted through members of the association in accordance with the procedure laid down in the Rules ; byelaws of the association. (b) It is invariably entered into for a standard variety known as â€Å"basis variety† with the permission to deliver other identified varieties known as â€Å"tender able varieties†. (c) The units of price quotation and trading are fixed in these contracts, parties to the contracts not being capable of altering these units. d) The delivery periods are specified. (e) The seller in a futures market has the choice to decide whether to deliver goods against outstanding sale contracts. In case he decides to deliver goods, he can do so not only at the location of the Association through which trading is organized but also at a number of other pre-specified delivery centers. (f) In futures market actual delivery of goods takes place only in a very few cases. Transactions are mostly squared up before the due date of the contract and contract and contracts are settled by payment of differences without any physical delivery of goods taking place.RECENT TRENDS IN COMMODITY TRADING Nature’s Commodity Outputs Commodity thinking is undergoing a more direct revival thanks to the theorists of â€Å"natural capital whose products, some economists argue, are the only genuine commodities- air, water and calories we consume being mostly interchangeable when they are free of pollution or disease. Whether we wish t think of these things as tradable commodities rather than birthrights has been a major source of controversy in many nations.Most types of environmental economics consider the shift to measuring them inevitable arguing that reframing political economy to consider the flow of these basic commodities first and foremost, helps avoids use of any military fiat except to protect â€Å"natural capital† itself, and basing credit-worthiness more strictly on commitment to preserving biodiversity aligns the long-term interests of eco regions societies, and individuals. They seek relatively conservative sustainable development schemes that would be amiable to measuring well-being over long periods of tie, typically â€Å"seven generations†, in line with Native American thought.Weather trading However, this is not the only way in which commodity thinking interacts with ecologists’ thinking. Hedging began as a way to escape the consequences of damage done by natural conditions. It has matured not only into a system of interlocking guarantees, but a lso into a system of indirectly trading on the actual damage done by weather, using weather derivatives for a rice, this relieves the purchaser of concerns such as whether a freeze will hurt the Brazilian coffee crop, whether there will be a drought in the U. S. orn belt and what the chances that we will have a cold winter are, driving natural gas prices higher and creating havoc in Florida orange areas. Emissions Trading Weather trading is just one example of â€Å"negative commodities†, units of which represent harm rather than good. â€Å"Economy is three fifths of ecology argues Mike Nickerson one of many economic theorists who hold that nature’s productive services and waste disposal services are poorly accounted for. One way to fairly allocate the waste disposal capacity of nature is â€Å"cap and trade†- market structure that is used to trade toxic emissions rights in the United States, e. . SO2. This is in effect a â€Å"negative commodity†, a ri ght to throw something away. In this market, the atmosphere’s capacity to absorb certain amounts of pollutants is measured, divided into units, and traded amongst various market players. Those who emit more SO2 must pay those who emit less. Critics of such schemes argue that unauthorized or unregulated emissions still happen, and that â€Å"grandfathering† schemes often permit major polluters, such as the state governments’ own agencies, or poorer countries, to expand emissions and take jobs, while the SO2 output still floats over the border and causes death.In practice, political pressure has overcome most such concerns and it is questionable whether this is a capacity that depends on U. S. clout: The Kyoto Protocol established a similar market in global greenhouse gas emissions without U. S. support. Community as a commodity This highlights one of the major issues with global markets of either the positive or negative kind. A community must somehow believe tha t the commodity instrument is real, enforceable, and well worth paying for. Avery substantial part of the anti-globalization movement opposes the Commodification of currency, national sovereignty, and traditional cultures.The capacity to repay debt, as in the current global credit money regime anchored by the Bank for international settlements, does not in their view correspond to measureable benefits to human wellbeing worldwide. They seek a fairer way for societies to compete in the global markets that will not require conversion of natural capital to natural resources nor human capital to move to developed nations in order to find work. Some economic systems green economists would replace â€Å"gold standard† with a â€Å"biodiversity standard†. It remains to be seen if such plans have any merit other than as olitical ways to draw attention to the way capitalism itself interacts with life. Human life as a commodity The green economists and the more conservative envi ronmental economics argue that not only natural ecologies, but also the life of the individual human being is treated as a commodity by the global markets. A good example is the IPCC calculations cited by the Global Commons Institute as placing a value on a human life in the developed world â€Å"15x higher† than in the developing world, based solely on the ability to pay to prevent climate changes. Overview of commodities exchange in IndiaForward Markets Commission (FMC) headquartered at Mumbai, is a regulatory authority which is overseen by the Ministry of Consumer Affairs, Food and Public Distribution, Govt. of India. It is a statutory body set up in 1953 under the Forward Contracts (Regulation) Act, 1952. â€Å"The Act provides that the Commission shall consist of not less than two but not exceeding four members appointed by the Central Government out of them being nominated by the Central Government to be thereof. Currently Commission comprises three members among whom Shri. B. C. Khatua, IAS, IS THE Chairman and Shri.D. S. Kolamkar IES, and Shri Rajeev Kumar Agarwal, IRS, are the members of the commission. † The functions of Forward Markets Commission are as follows: (a) To advise the Central Government in respect of the recognition or the withdrawal of recognition from any association or in respect of any other matter arising out of the administration of the Forward Contracts(Regulation) Act 1952. (b) To keep forward markets under observation and to take such action in relation to them, as it may consider necessary, in exercise of the powers assigned to it by or under the Act. c) To collect and whenever the Commission thinks it necessary, to publish information regarding the trading conditions in respect of goods to which any of the provisions of the act is made applicable, including information regarding supply, demand and prices, and to submit to the Central Government, periodical reports on the working of forward markets relating to suc h goods. (d) To make recommendations generally with a view to improving the organization and working of forward markets. (e) To understand the inspection of the accounts and other documents of any recognized association or any member of such association whenever it considers.List of Commodity Exchanges in India 1. Batinda Om ; Oil Exchange Ltd. , Batinda. 2. The Bombay Commodity Exchange Ltd. , Mumbai 3. The Rajkot Seeds oil ; Bullion Merchants` Association Ltd 4. The Kanpur Commodity Exchange Ltd. , Kanpur 5. The Meerut Agro Commodities Exchange Co. Ltd. , Meerut 6. The Spices and Oilseeds Exchange Ltd. 7. Ahmedabad Commodity Exchange Ltd. 8. Vijay Beopar Chamber Ltd. , Muzaffarnagar 9. India Pepper ; Spice Trade Association, Kochi 10. Rajdhani Oils and Oilseeds Exchange Ltd. , Delhi 11. National Board of Trade, Indore 12. The Chamber Of Commerce, Hapur 13. The East India Cotton Association, Mumbai 4. The Central India Commercial Exchange Ltd. , Gwalior 15. The East India Jute ; He ssian Exchange Ltd. 16. First Commodity Exchange of India Ltd, Kochi 17. Bikaner Commodity Exchange Ltd. , Bikaner 18. The Coffee Futures Exchange India Ltd, Bangalore 19. Esugarindia Limited 20. National Multi Commodity Exchange of India Limited 21. Surendranagar Cotton oil ; Oilseeds Association Ltd 22. Multi Commodity Exchange of India Ltd 23. National Commodity ; Derivatives Exchange Ltd 24. Haryana Commodities Ltd. , Hissar 25. e-Commodities Ltd Of these 25 commodities exchanges the MCX, NCDEX and NMCEIL are the major Commodity Exchanges.Multi  commodity exchange  of India Ltd – MCX is an independent and de-mutualised exchange based in Mumbai. Established on 10 November, 2003, it is the third largest bullion exchange and fourth largest energy exchange in the world. Recognized by the Government of India it deals in numerous commodities and carries out online trading, clearing and settlement processes for commodities future market  countrywide. MCX COMDEX is India's foremost and sole composite commodity futures price index National Commodity & Derivatives Exchange of India Ltd (NCDEX) located in Mumbai, is a public limited company incorporated on 23rd April 2003.Promoted by national level establishments it is run by professional management. Regulated by the Forward Market Commission with reference to futures trading in commodities, it trades in various commodities online. The NCDEX is covered by: * Companies Act * Stamp Act * Contracts  Act * Forward Commission (Regulation) Act National Multi-Commodity Exchange of India Limited (NMCEIL) is considered the first de-mutualized, online exchange dealing in numerous commodities. Incorporated on 20th December 2001, it is promoted and run by: * Central Warehousing Corporation National Agricultural Cooperative Marketing Federation of India Limited * Gujarat Agro Industries Corporation Limited * National Institute of Agricultural Marketing * Gujarat State Agricultural Marketing Board * Neptune Overseas Limited The Commodity Exchanges with their extensive reach embrace new participants, resulting in a powerful price discovery process. COMPANY PROFILE Evolution of the company It all started in the year 1987 when Mr. C. J. George and Mr. Ranajit Kanjilal founded Geojit as a partnership firm. In 1993, Mr. Ranajit Kanjilal from the firm and Geojit became the proprietary concern of Mr.C. J. George. In 1994, it became a Public Limited Company named Geojit Securities Ltd. The Kerala State Industrial Development Corporation Ltd. (KSIDC) in 1995, became a co-promoter of Geojit by acquiring a 24 percent stake in the company, the only instance in India of a government entity participating in the equity of a stock broking company. The year 1995 also saw Geojit being listed on the leading regional stock exchanges. Geojit listed at the stock exchange, Mumbai (BSE) in the year 2000. Company’s wholly owned subsidiary, Geojit Commodities Ltd. launched Online Future Trading in Agri -commodit ies, precious metals and energy futures on multiple commodity exchanges in 2003. This was also the year when the company was renamed Geojit Financial Service Ltd. (GFSL). The Board consists of professional directors; including a Kerala Government nominee. With effect from July 2005, the Company is also listed at National Stock Exchange (NSE). Company is a character member of the Financial Planning Standards Board of India and is one of the largest Depository Participant (DP) brokers in the country.On 31st December 2007, the company closed its commodities business and surrendered its membership in the various commodity exchanges held by Geojit Commodities Ltd. Global banking major BNP Paribas took a stake in the year 2007 to become the single largest shareholder. Consequently, Geojit Financial Services Ltd. has been renamed as Geojit BNP Paribas Financial Services Ltd. VISION The vision of Geojit is to be leading financial and commodities market intermediary for individuals and insti tutional clients from India band overseas.They continually strive to raise their products and service standards by intelligent application of technology and processes. MANAGEMENT OF GEOJIT COMTRADE Geojit COMtrade offers trading services in Commodities Futures. It is managed by a group of professionals having considerable years of experience and expertise in Commodities, ever since the reintroduction of Commodities Futures in India in 2003. Geojit COMtrade offers its client state-of-art trading tools such as:    * | * Technical and fundamental analysis at this website and also through the company's large branch network | * | * Research Reports | | * SMS alerts on market movement | * | * Content rich website | * | * Online trading | * | * Facility to view online ledger, holdings, positions, etc. | Geojit COMtrade also conducts seminars, distributes free in-house literature and holds interactive sessions that help raise awareness on the future market. The number of participants is c ontinuously on the rise thus leading to increased volumes and market efficiency. Geojit COMtrade is a member of the following Exchanges: * National Multi Commodity Exchange of India Limited (NMCE) | | * National Commodity ; Derivatives Exchange Limited (NCDEX) | | * Multi Commodity Exchange of India Limited (MCX) | | * National Spot Exchange of India Ltd (NSE) | Geojit COMtrade offers futures trading through multiple exchanges in varied commodities such as: Agricultural Commodities: | * Plantation Crops like Rubber, Coffee, Arecanut, etc. | | * Spices like Pepper, Cardamom, Turmeric, Jeera, Chilly, etc. | | * Pulses like Chana | | * Oil ; Oil Seeds like Refined Soya oil, Soya bean, Cotton seed, Mustard Seed, Mustard oil, etc. | * Cereals like Maize | | * Other commodities like Guar gum, Guar seed, Menthaoil, Potato, Sugar, etc. | | * Commodity Spot products like E Gold, E Silver, E Copper, E Lead, and E Zinc. | Precious metals: | * Gold, Silver, and Platinum | Metals: | * Copper, Le ad, Aluminum, Steel, Tin, Nickel, Zinc, etc. | Energy products: | * Crude oil, Natural Gas, Carbon Credits, etc. MILESTONES | | | Product innovation backed by a high level of domain specific knowledge and state-of-the-art technology has helped Geojit to set many milestones including numerous industries. 986 * Membership in Cochin Stock Exchange (CSE). 1994   * Becomes a Public Limited Company named Geojit Securities Ltd. 1995   * Kerala State Industrial Development Corporation Ltd. (KSIDC) acquires 24 percent equity stake. * Membership in National Stock Exchange (NSE). * Public Issue  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  1996 * Launch of Portfolio Management Services with SEBI registration. 1997   * Depository Participant (DP) under National Securities Depository Limited. 1999   * Membership in Bombay Stock Exchange (BSE). 2000 * BSE Listing. * 1st broking firm in India to offer online trading facility. * Commences Derivative Trading with NSE. Integrates the 1st Bank Payment Gateway in the country for Internet Trading. 2001 * Becomes India's first DP to launch depository transactions through Internet. * Establishes Joint Venture in the UAE to serve NRI customers. 2002 * 1st in India to launch an integrated internet trading system for Cash & Derivatives segments. 2003 * Geojit Commodities Limited, wholly owned subsidiary, launched Online Futures Trading in agri-commodities, precious metals and in energy futures on multiple commodity exchanges. * National launch of online futures trading in Rubber, Pepper, Gold, Wheat and Rice. Company renamed as Geojit Financial Services Ltd. 2004 * National launch of online futures trading in Cardamom. 2005 * NSE Listing. * Geojit Credits, a subsidiary, registers with RBI as a Non-Banking Financial Company (NBFC). * National launch of online futures trading in Coffee. 2006 * Charter member of the Financial Planning Standards Board of India. 2007 * BNP Paribas takes a stake in the company’s equity, making it the single larg est shareholder. * Establishes Joint Venture in Saudi Arabia to serve the Saudi national and the NRI. 2008 * BNP Paribas Securities India (P) Ltd. – a Joint Venture with BNP Paribas S. A. or Institutional Brokerage. * 1st brokerage to offer full Direct Market Access execution in India for institutional clients. 2009 * Launch of Property Services division. * Launch of online trading in Currency Derivatives. * Consequent to BNP Paribas becoming the largest stakeholder in Geojit BNP Paribas, company is renamed as Geojit BNP Paribas Financial Services Ltd. 2010 * Launch of  FLIP (Financial Investment Platform), a new advanced online investment platform. * Launch of state of the art Mobile Trading platform to empower clients to trade from anywhere, even while on the move through the innovative application FLIP- ME. | | | | | Board of DirectorsMr. A. P. Kurian  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive & Independent ChairmanMr. C. J. George   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Managing Director & Chief PromoterMr. Alkeshkumar Sharma  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive & Independent DirectorMr. Olivier Le Grand  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive DirectorMr. Pierre Rousseau  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive DirectorMr. Mahesh Vyas   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive & Independent DirectorMr. RakeshJhunjhunwala   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive DirectorMr.Ramanathan Bupathy   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive & Independent DirectorMr. Pun noose George   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Non – Executive DirectorA growing footprintWith a presence in almost all the major states of India, the network of 558 offices across 300 cities and towns presently covers Andhra Pradesh, Bihar, Chattisgarh, Goa, Gujarat, Haryana, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, New Delhi, Orissa, Punjab, Rajasthan, Tamil Nadu & Pondicherry, Uttar Pradesh, Uttaranchal and West Bengal.GEOJITCOMMODITIES * Number 1 Broking house status in terms of Trading Terminals : Dun & Bradstreet Survey 2008 * The first brokerage to offer online trading in Rubber (Mar 2003), Pepper (Apr2003), Gold (Oct2003), Wheat and Rice (Dec2003), Cardamom (Apr 2004) and Coffee (Feb2006) * Brand image of Industry Pioneer since inception of commodity futures in 2003| Its clientele range from investors, co-operative societies, state and national institutions to dealers, traders, manufacturers, financiers, speculators, arbitragers, etc.Geojit COMtrade does not have proprietary interest in any commodity and therefore is price neutral. Transaction costs are highly affordable attracting a spectrum of investors. Membership in multiple exchanges gives clients the added advantage of arbitrage. Geojit has specialized staff that provide the required guidance, help and enable clients to enter at the appropriate price. Geojit COMtrade: Increasing investor awareness/education * Daily, weekly and special reports on various commodities & currencies covering both international as well as domestic markets. Seminars and workshops designed to help both the new clients as well as experienced traders. * Increased media spending to make ourselves more visible in print, visual as well as digital media, so that our reports and views reach better to our investo rs. * Offers SMS / email reports at no additional cost. GEOJIT ANTHEM DRIVEN BY TRUST â€Å"With trust, our driving force Transparent in daily chores, Passionate, compassionate, We keep Geojit on course Respectful of our call We care for our patrons’ all. Grateful for our growth before We seek blessings to grow tall. Shanti ho barabaar shanti ho Sayyam, Samridhi, Swaasthya ho,Geojit Jahaan ho! Expanding far and wide, And serving the world with pride, Loyalty inspiring us To be beyond the high tide; A brighter word to make Unfurling the flag we take; â€Å"All for one and one for all,† With love to last above all. DEPARTMENTAL STUDY Administration * Provides support and service for the activities of the board of directors * Coordination of branch activities and provision of interaction between branches and the main office * Expanding the reorganization of Bank market network. * To create appropriate condition for efficient operation of structural franchisees Human reso urceHuman Resources and Administration department is one, which facilitates smooth working of the organization by looking into the human resource side and also the overall administration of organization. The Human Resource Management is very important for the success of any organization. Different individual exhibit similar and dissimilar pattern of behavior. They have their own set of needs, drives, goals and experiences. Management should be aware of their requirements. Manpower management is the most critical job. Proper human resources management will enhance the efficiency and performance of people at work.HR MISSION * To create HR policies and processes which are employee friendly * To build a culture of warm forthcoming and professional with a sense of ownership and pride. * To encourage innovative thinking. * To encourage transparency and team work. * To develop leaders at all levels with general management skills. * To create a learning organization. * To develop competenci es and skills through training and development. * To constantly raise levels of employee productivity. * To work towards attaining and sustaining the best employer status Other functions ofHuman Resource Department RecruitmentRecruitment means generating a pool of qualified employees for job. Announcing job opportunities to public in such a way that number of suitable people will apply for them. Recruitment process is done only at the initial stage. Mainly qualified people are selected for work. Selection Selection means choosing right profile from that number, those applicants whom are most likely to succeed in the job. After getting the list of candidates an interview is conducted at the unit level. Final selection is made after testing their skill and technical abilities by putting them on the job. Training and developmentTraining and development is also done in Geojit. After recruitment and selection the new hands are given on the job training at the unit level. All workers are kept as trainers for three months to one year. Later they are absorbed as permanent workers considering their performance. Promotion Promotion is the transfer of an employee to a new position which comments high pay, privilege status both at work and the community outside and fringe benefits perhaps the greater job security. And more senior position from which a person render better service to his company. His duties, responsibilities, status and pay also increase.Company gives keen attention with regard to promotion. Wage structure Wage structure is different for different position Allowances Second most important component of wage package is dearness allowance, which is paid to offset the rise in prices. Allowances like conveyance, house rent etc. Employees provident fund Company follows contributory provident fund. The workers contribute some percentage of their wage (basic pay + DA) and the management contributes at an equal rate. Labor welfare fund There is a labor welfare fund in which the employee contributes some rupee per head and the employer contributes at double to the same.The fund enables the subscriber to get children treatment of self and dependents etc†¦ Thus all employees are covered social security schemes of government, enabling education of children of workers etc. Gratuity Employees are eligible for the gratuity based on payment of Gratuity Act, 1972 Welfare to workers Rest room A rest mean is covered provided to employees to relax at concerned time. Facilities of relaxing The company also provides siting facilities for workers when they are getting interval or lunch. Health One of the important thing is that the employees general health both physical and mental should be cared.The factors which influence the general health of the worker can be divided into two broad groups. 1) Those which are associated with his working environment 2) Those which he shares with the rest of the community Cleanliness The company is kept clean and free from effluvia. Accumulation of dust removed by proper drainage facility made in the chemical treatment. Walls, doors and windows shall be repainted or varnished at least once in three years Disposal of waste and effluence Effective arrangement shall be made for the disposal of waste. It does not harm any local people in any way. Ventilation and temperatureEffective arrangements shall be made for ventilation and temperature so as to provide comfort to the workers and prevent injury to their health. Adequate ventilation is made for fresh air. Air condition is provided for every room. Dust and fires Effective management shall be taken preview the inhalation and accumulation of dust and fires or other impurities in parities at workplace. Lighting The state government may prescribe standards of proper artificial nature lighting facilities are included. Drinking water There shall be effective arrangements for some drinking water for worker at convenient points.FINANCE AND ACCOUNTS Financ e is the lifeblood of any organization. It deals with both the acquisition as well as ‘allocation of funds. Hence finance department assumes a great role in this organization. A finance department in an organization is responsible for maintaining fair and just accounting, working capital management, long term funding decision making, costing etc. The finance department provides authorization and control to all other subsystems to utilize money more effectively through a well-designed mechanism the major functions of a finance department can be grouped as follows:- )Preparation of financial statement 2) Providing sufficient funds to all departments. 3) Cash flows within the firm 4) Cash forecasting and budgeting 5) Analysis of transactions conducted by each branch office 6) Pay in and Pay out DUTIES AND RESPONSIBILITIES Chief financial officer is the head of the finance department the entire financial operationsare controlled and coordinated by C. F. O. The entire reports are s ubmitted before him and it is his duty to take appropriate steps. He is assisted by Chief Manager Finance. The general accounts of the company are managed by the Chief Manager.Preparation of reports and statements also conies under his duty, matters concerning pay in and pay out are also determined and analyzed by Chief Finance Manager. The Chief Manager is assisted by Manager Finance. Below him there are two assistant managers, four executives and three junior executives. It is the duty of these people to record and analyze the normal accounts and transactions of a day and to report it to Chief Manager Finance. HIERARCHY OF AUTHORITY CHIEF FINANCIAL OFFICER CHIEF MARKETING OFFICER (fig-1)Department structural hierarchy JUNIOR EXECUTIVE EXECUTIVE ASSISTANT MANAGERMANAGING OFFICER The departmentis concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better  equipped in their management and control functions. The accounting department jointly performs the financial function of Geojit Functions of accounting department include preparing, checking and accounting the following vouchers and  bills. ? Cash receipt and cash payment. ?Bank receipt and bank payment. ? Purchase journal. Journal voucher. ?Preparing debit/credit notes. Updating vouchers in computer system. ?Preparation of reconciliation statement such as bank, party accounts etc. ?Maintain and safe custody of vouchers, records, ledgers and registers. ?Review of the general  ledger and sub ledger and reconciliation. ?Ensure safety custody of cash and  unused cheque. ?Maintain the fixed asset register and ensure proper filling of the bills of purchase, installation certificate etc. for the tax purpose. ?Ensure compliance of the various commitments for the borrowings and adherence of the schedule for the repayment of the interest and the principal.OPERATIONS DEPART MENT The past few decades have given-emphasis to operations functions mainly because it is the important subsystem of an organization and is responsible for customer satisfaction. As this department deals directly with customer satisfaction the company requires careful policies and procedures to carry out the activities under the operations department so that the services provided by them must be of a specific quality. The operations department of Geojit is again subdivided into five according to the services they deal with. They are 1) Risk management ; clearing and settlement ) Compliance 3) Commodity 4) Branch operations 5) Depository A study of each of these subdivisions is made their hierarchy, function of each official and the findings are noted in the coming pages. RISK MANAGEMENT ; CLEARING AND SETTLEMENT This is one of the subdivisions of the operations department. As stated earlier the operations departments are subdivided according to the functions they perform. Hence it is this subdivision of operations department which deals with the function of management of funds that arise from trading.Though buying and selling of shares take place daily in stock exchanges, settlements of transactions is executed for a specified no: of days after clubbing daily transactions for the entire period. This is known as settlements cycle. For example the beginning of a new settlement is on Wednesday of every week in N. S. E and it ends on next Tuesday. So it is the duty of this subdivision of the operations department to keep the recordsregarding transactions of each customer analyze whether he had made all the transactions in a proper way or not.It is the duty-of this department to check whether a person has paid the amount completely, if he had bought any shares and also to check whether the person is paid completely if he had sold the shares through Geojit. The chief manager (Risk and settlement) stands up in the hierarchy of the department and hence he is the head of the department. He controls and coordinates all the functions of this subdivision. Risk management of funds (of company and its branches) is one of the major functions. The chief manager is assisted by the senior manager (clearing and settlement).The senior manager (clearing and settlement) deals with the process of buying andselling of shares and thereby maintaining proper funds. There is an Asst. Manager under himwho checks the B. S. E operations. The Asst. Manager is assisted by three ‘senior executives' further there are executives junior executives and office assistants to help the topmanagement. A diagrammatic representation of the hierarchy of this departmental subdivision is given on next page. MANAGEMENT ; CLEARNING ; SETTLEMENT CHIEF MANAGER (RISK) SENIOR MANAGER (CLEARING ; SETTLE