Strategic Research Project Essays

Strategic Research Project Essays Strategic Research Project Essay Strategic Research Project Essay Strategic Research Project Name: Course: Institution: Instructor: Date: Strategic Research Project Vodafone Group is a British transnational company that engages in telecommunications. It has its mother company in Newbury, United Kingdom. Vodafone is the world’s largest telecommunication company in terms of revenue and second in terms of the number of users. It operates in over thirty countries having a vast base of associate companies. The company has a slogan â€Å"Everybody’s welcome† displaying how they have made efforts to accommodate all kinds of clients with different backgrounds having the same of interest of using Vodafone products. True to their mission, Vodafone have extended their branches to cover at least all the continents in the world. The company has strengths, weaknesses, opportunities and threats that apply to its operations, in addition to its structures. The major strengths of Vodafone Group are that Vodafone has a wide, geographical portfolio covering much of Africa, the Middle East, plus to a small level, the US. Therefore, they enjoy a strong customer base that provides it with increasing revenue each financial year. This large customer base also becomes the consumers for Vodafone products. Vodafone has also invested substantially in their network infrastructure with signal masts to serve consumers within their vicinity. Vodafone also managed to entrench their presence in most developing states like India and Kenya. Lastly, Vodafone provides reliable data and voice services especially in cities making it a preference for corporate groups. (Vodafone Group Plc, 1900) Some of the weaknesses plaguing Vodafone include non exploitation of other markets. Owing to their heavy investment in Europe, Vodafone misses out on benefiting from the rest of the untapped markets in The Americas and East Asia which still have a large demand for mobile phones along with other Vodafone products. Vodafone has also invested very little in extending their signal range to cover most of rural areas thereby missing out on the huge rural consumers. Vodafone has also not focused their business operations in the US. Therefore, they do not maximize on the thriving demand created by mainstream American firms and entrepreneurs. In terms of opportunities, Vodafone have developed innovations in mobile commerce that seek to fuse banking with mobility that will see an increase in their revenues. Vodafone launched the mobile money transfer service, M-PESA along with Safaricom Kenya, which brought new dimensions to mobile banking. Vodafone has also launched the mHealth Solutions which is the application of mobile communications to healthcare. Apart from these products, Vodafone also launched the cheapest phone aimed for the developing world. The most dominant threat in this market is the constant change in technological approaches. The telecommunications market is characterized by a dynamic competition that constantly seeks to innovate and experiment with new ideas. Consequently, this competitive environment always threatens Vodafone with being edged out of the market. The European Union also poses a threat to the mobile usage across borders in Europe threatening Vodafone as mobile phones are their major product. Lastly, Vodafone still has a lot of ground to catch up with other American telecommunication companies that have cut a niche for themselves as solid competitors. (PLC SWOT analysis, 2011) In terms of market penetration, the Vodafone company has made huge investments in most of Africa as well as the Middle East in a bid to penetrate new markets. It operates in Egypt, in South Africa, in Ghana and in Libya under the partnership with al Madar (Working Nation, 2004). Of interest is the approach of using partnerships as the main method of going into business within Africa. This can be an attempt at mitigating political as well as economic risks that plague most of African states. Within Asia and Latin America, Vodafone has been taking a laid back approach similar to that in Africa by again opting to partner with Verizon Wireless instead of establishing their own offices independently. Within Europe, Vodafone have been more aggressive. It has engaged in past takeovers of telecommunication companies, for example, Elisa, Omnitela plus Cyta alongside other companies. Clearly, Vodafone has invested a larger bulk of their capital in Europe as compared to the rest of the continen ts. Vodafone has three main competitors in the global market namely T-Mobile, Orange as well as O2. Vodafone has taken a strategy of buying out other networks in order to reduce competition within a particular market segment. However, small network operators operating as mobile virtual network operators have lowered this barrier significantly with differentiated products alongside services identifying them as new entrants. Key suppliers of Vodafone have had less muscle to bargain owing to lack of technical advantages as well as the looming Chinese entrants who pursue cost leadership. Vodafone has responded to this by integrating all her key business activities hence leveraging their economies of scale. Vodafone has also countered the threat form substitutes by continuously diversifying its products to meet the consumer’s needs. (Myers, 2010) Vodafone has been actively engaged in domestic politics of their host countries where they possess subsidiaries dragging the firm into many blame games. In order to avoid such complications in the future, Vodafone should revise their policies concerning cooperating with the state in matters of state interest. A good example was the Egypt insurgency where Vodafone, who administers most of the telecommunication infrastructure, shut off all voice and data services to Egypt citizens after orders by the state (William, 2011). Vodafone should also engage in a vigorous campaign to establish themselves in the US where there is a large customer base. Over five years, this should translate into profit margins received by Verizon as well as ATT Mobility. References Global Perspective. (2010). Service Provider VoIP Equipment and Subscribers: Quarterly Worldwide and Regional Market Share, Size, and Forecast. Hoboken, NJ: John Wiley and Sons. Myers, D. Vodafone (Firm). (2004). Working nation: Views from people at work. St. Albans: Vodafone. Vodafone Group Plc (Newbury). (2010). Annual report. Newbury: Vodafone Group Plc. Vodafone Group, PLC SWOT Analysis. (2011) (n.d.). (Business Source Complete) Cleveland: Data monitor Plc. Williams, Christopher (28 January 2011). â€Å"How Egypt shut down the internetâ€Å". The Daily Telegraph (London)

Two Artists And One Great Age essays

Two Artists And One Great Age essays The great age, Renaissance was a time when old beliefs were tested. It was a period of intellectual ferment that prepared the ground for the thinkers and scientists of the 17th century. It was an age that bore two great artists: Leonardo da Vinci and Michelangelo. Leonardo was not a prolific painter like his fellow artists. He was a kind of intellectual painter, a painter who thought a great deal about nature and about how to represent it in art before he picked up the brush. Yet, one might attribute that quality to Michelangelo as well who was clearly a deep thinker. In looking at the works of these artists, their driven personalities and great accomplishments, one sees many similarities. However, they chose different techniques and different mediums. Further, Da Vinci was more of a scientist whereas Michelangelo was more of a loner who was devoted to the love of art and sculpture. Nevertheless, the paintings, statues and unfinished designs created by these two solitary often-abrasive artists are among the most beautiful in the world. Their work is important because it interweaves past revolutionary ideals with modern age of skepticism. If one person could be singled out as the essence of the Renaissance it would be Leonardo da Vinci. He was a painter, scientist, engineer and poet. He became all that his contemporaries wanted to be. His mind was ever open so were his eyes. Leonardo was trained, as all artist of the time were, by being apprenticed in the studio of another artist. These apprentices started out washing brushes and cleaning floors for the their teachers. These studios, however, were the meeting places of the great minds of the day. Leonardo made contact with intelligent men and acquired the skills of scientific inquiry as well as receiving the finest training available in painting and sculpture. Leonardo got his start as an artist around 1469, when his father apprenticed him to the fabled workshop of Verocc...

SAM 451 UNIT 6 Assignment Example | Topics and Well Written Essays - 250 words

SAM 451 UNIT 6 - Assignment Example It is in this context that both these policies hold considerable significance in media interviewing for school-athletic teams. These policies also advocates the significance of conducting an informed interview with the athletic teams, after obtaining due permission from the concerned authoritative bodies. On a chronological note, the policy of obtaining formal consents from authoritative bodies can be argued as more time consuming than the second interview policy. Also, complexities arising during the obtainment of formal consents from the authoritative bodies and the coaches can be regarded as a setback of the policy measure. Accordingly, the policies of the school authority for different group of athletes may differ along with the different forms of reporting medium used in the interview process. For instance, some schools may allow a group of athletes to participate in television shows, while the other group might be only allowed to attend newspaper reporters and that too, in the presence of their coach. Hence, applicability of these policies differ from one another; although, the significance of either of these policies are unignorable (Bowl Championship Series, â€Å"Interview policies†; Helitzer). In comparison to the two interview policies selected, the policy of â€Å"Obtaining required permissions from the coaches of the teams and other authoritative bodies (if applicable)† can be considered as more preferable. It is fundamentally owing to the fact that this particular policy directs the effective completion of the interview process at every stage and also confirms integrity of the procedure, where the other interview policy of conveying the mode of interview and the medium of publication to the authoritative

During the placement identify a specific issue relating to nursing Essay

During the placement identify a specific issue relating to nursing practice. (Progression development in mental health nursing) - Essay Example It requires a perfect understanding of the health problem, its effects and implications for other life and health functions in older people. Therefore, it is imperative for mental health nurses to develop professional awareness of the dementia problem and its risks in older people, in order to understand the ways of addressing this problem, as well as the personal and medical needs of older people. This paper aims at investigating the issue of dementia in older people from the standpoint of a mental health nurse. The paper will discuss and critically evaluate the significance of the problem for older people. Prevalence of dementia in older people and its effects on the critical life functions will be discussed. The paper will analyze the challenges, which mental health nurses face, while trying to deliver high quality nursing care. Other aspects of mental health care will be discussed, including nursing paradigms and therapeutic approaches, the role and the boundaries of a mental hea lth nurse in dementia care, and the role of effective planning and nurse-patient interactions in caring for older patients suffering from dementia. Legal and ethical factors of dementia care will be evaluated. This paper will expose the key problems related to mental health nursing and its role in dementia care. Practical recommendations for mental health nurses will be provided. ... ing those with dementia, constantly grows, and (b) dementia requires that nurses develop complex approaches to care, in order to reduce its negative influence on other life functions. The World Health Organization believes that the growing proportion of older people to the total population is a global phenomenon, and increasing age turns chronic health conditions into the issue of the main health importance (Anonymous 2009a). Among the most common health problems in older people, mental health disorders and cognitive impairments feature prominently (Anonymous 2009). Dementia and depression as the two most widely spread forms of chronic mental conditions later in life (Anonymous 2009a). Needless to say, the higher the proportion of older people to the general population, the more acute the problem of dementia grows. In its 2009 report, WHO estimated that almost 36 million of older people worldwide would be diagnosed of dementia and Alzheimer’s disease in 2010 (Sorrell 2010). Th is number is likely to double every 20 years (Sorrell 2010). These statistical results have far-reaching implications for health care systems’ operation and functioning. These implications are equally relevant to mental health nurses. Nurses need skills and knowledge to anticipate the development of cognitive changes in the older people and guarantee high quality care, which reduces social stigmatization of patients with dementia and improves their life and wellbeing. The problem is dangerous and complicated in the sense that dementia produces multiple negative effects on life and health functioning in older people. According to The World Health Organization, quality of life is â€Å"an individual’s perceptions of their position in life in the context of the culture and value system in which

Opportunity Cost Term Paper Example | Topics and Well Written Essays - 1750 words

Opportunity Cost - Term Paper Example   This is due to the fact that whereas the needs could be unlimited, the resources will always be scarce such that there is not one time when a person can afford to satisfy all his needs without sacrificing (Bloom 2004 p 26).   In this essay, various examples have been used to substantiate the definition of opportunity cost which is the value of the sacrificed alternative in favor of the decision or choice made.   It goes on to compare the relationship between scarcity and opportunity cost thereby showing that scarcity is the major factor that contributes to situations that result to households and firms undergoing opportunity cost.   The essay also continues to examine the environmental impacts that are not of financial nature but which exerts pressure on the choices and alternatives which are available. A case of oil mining has been used as an example that has both positive and negative impacts on the economy and the ecosystem respectively, factors that can create conflicts between the investor and the environmentalists. In some cases like this, it has been noted that the opportunity cost can be influenced by availing incentives so as to add weight to the importance of choosing an alternative over another. Further areas of research regarding opportunity cost have also been suggested in this essay.   Opportunity cost  Opportunity cost can be referred to as the foregone cost or a decision made over a range of alternatives favoring one of the alternatives.

Jones Law of 1916 Essay Example for Free

Jones Law of 1916 Essay Whereas it was never the intention of the people of United States in the incipiency of the war withSpainto make it a war of conquest or for territorial aggrandizement; and Whereas it is, as it has always been, the purpose of the people of the United States to withdraw their sovereignty over Philippine Islands and to recognize their independence as soon as a stable government can be established therein; and Whereas for the speedy accomplishment of such purpose it is desirable to place in the hands of the people of the Philippines as large a control of their domestic affairs as can be given them without, in the meantime, impairing the exercise of the rights of sovereignty by the people of the United States, in order that, by the use and exercise of popular franchise and governmental powers, they may be the better prepared to fully assume the responsibilities and enjoy all the privileges of complete independence: Therefore Section 1.―The Philippines Be it enacted by the Senate and House of Representatives the United States of America in Congress assembled, That the provisions of this Act and the name â€Å"The Philippines† as used in this Act shall apply to and include the Philippine Islands ceded to the United States Government by the treaty of peace concluded between the United States and Spain on the eleventh dany of April, eighteen hundred and ninety-nine, the boundaries of which are set forth in Article III of said treaty, together with those islands embraced in the treaty between Spain and the United States concluded at Washington o the seventh day of November, nineteen hundred. Section 2.―Philippine Citizenship and Naturalization That all inhabitants of the Philippine Islands who were Spanish subjects on the eleventh day of April, eighteen hundred and ninety-nine, and then resided in said Islands, and their children born subsequent thereto, shall be deemed and held to be citizens of the Philippine Islands, except such as shall have elected to preserve their allegiance to the Crown of Spain in accordance with the provisions of the treaty of peace between the United States and Spain, signed at Paris December tenth, eighteen hundred and ninety-eight, and except such others as have since become citizens of some other country:Provided, That the Philippine Legislature, herein provided for, is hereby authorized to provide by law for the acquisition of Philippine citizenship by those natives of the Philippine Islands who do not come within the foregoing provisions, the natives of the insular possessions of the United States, and such other persons residing in the Philippine Islands who are citizens of the United Stat es, or who could become citizens of the United States under the laws of the United States if residing therein. Section 3.―Bill of Right (a) Due process and eminent domain.―That no law shall be enacted in said Islands which shall deprive any person of life, liberty, or property without due process of law, or deny to any person therein the equal protection of the laws. Private property shall not be taken for public use without just compensation. (b) Rights of persons accused of crime.―That in all criminal prosecutions the accused shall enjoy the right to be heard by himself and counsel, to demand the nature and cause of the accusation against him, to have a speedy and public trial, to meet the witnesses face to face, and to have compulsory process to compel the attendance of witnesses in his behalf. That no person shall be held to answer for a criminal offense without due process of law; and no person for the same offense shall be twice put in jeopardy of punishment, nor shall be compelled in any criminal case to be a witness against himself. That all persons shall before conviction be bailable by suffici ent sureties, except for capital offenses. (c) Obligation of contracts.―That no law impairing the obligation of contracts shall be enacted. (d) Imprisonment for debt.―That no person shall be imprisoned for debt. (e) Suspension of habeas corpus.―That the privilege of the writ of habeas corpus shall not be suspended, unless when in cases of rebellion, insurrection, or invasion the public safety may require it, in either of which event the same may be suspended by the President, or by the Governor-General, wherever during such period the necessity for such suspension shall exist. (f) Ex post facto laws, primogeniture, titles of nobility.―That no ex post facto law or bill of attainder shall be enacted nor shall the law of primogeniture ever be in force in the Philippines. That no law granting a title of nobility shall be enacted, and no person holding any office of profit or trust in said Islands shall, without the consent of the Congress of the United States, accept any present, emolument, office, or title of any kind whatever from any king, queen, prince, or foreign state (g) Bail and punishment.―That excessive bail shall not required, nor excessive fines imposed, nor crue l and unusual punishment inflicted. (h) Unreasonable searches.―That the right to be secured against unreasonable searches and seizures shall not be violated. (i) Slavery.―That slavery shall not exist in saidIslands; nor shall involuntary servitude exist therein except as a punishment for crime whereof the party shall have been duly convicted. (j) Freedom of speech.―That no law shall be passed abridging the freedom of speech or of the press, or the right of the people peaceably to assemble and petition the Government for redress grievances. (k) Freedom of religion.―That no law shall be made respecting an establishment of religion or prohibiting the free exercise thereof, and that the free exercise and enjoyment of religious profession and worship, without discrimination or preference, shall forever be allowed; and no religious test shall be required for the exercise of civil or political rights. No public money or property shall ever be appropriated, applied, or used, directly or indirectly, for the use, benefit, or support of any sect, church, denomination, sectarian institution, or system of religion, or for the use, benefit, or support of any priest, preacher, minister, or other religious teacher or dignitary as such. (l) Poligamy.―Contracting of polygamous or plural marriages hereafter is prohibited. That no law shall be construed to permit polygamous or plural marriages. (m) How public funds to be spent.―That no money shall be paid out of the treasury except in pursuance of an appropriation by law. (n) Uniform tax.―That the rule of taxation in saidIslands shall be uniform. (o) Subject and title of bills.―That no bill which may be enacted into law shall embrace more than one subject, and that subject shall be expressed in the title of the bill. (p) Warrants of arrest.―That no warrant shall issue but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched and the person or things to be seized (q) Special funds.―That all money collected on any tax levied or assessed for a special purpose shall be treated as a special fund in the treasury and paid out for such purpose only. Section 8.―General Legislative Power That general legislative power, except as otherwise herein provided, is hereby granted to the Philippine legislature, authorized by this Act. Section 13.―Election and Qualification of Senators That the members of the Senate of the Philippines, except as herein provided, shall be elected for terms of six and three years, as hereinafter provided, by the qualified electors of the Philippines. Each of the senatorial districts defined as hereinafter provided shall have the right to elect two senators. No person shall be an elective member of the Senate of the Philippines who is not a qualified elector and over thirty years of age, and who is not able to read and write either the Spanish or English language, and who has not been a resident of the Philippines for at least two consecutive years and an actual resident of the senatorial district from which chosen for a period of at least one year immediately prior to his election. Section 14.-Election and Qualification of Representative That the members of the House of Representatives shall, except as herein provided, be elected triennially by the qualified electors of the Philippines. Each of the representative districts hereinafter provided for shall have the right to elect one representative. No person shall be an elective member of the House of Representatives who is not a qualified elector and over twenty-five years of age, and who is not able to read and write either the Spanish or English language, and who has not been an actual resident of the district from which elected for at least one year immediately prior to his election: Provided,That the members of the present Assembly elected on the first Tuesday in June, nineteen hundred and sixteen, shall be the members of the House of Representatives from their respective districts for the term esxpiring in nineteen hundred and nineteen. Section 15.-Qualification of Voters That at the first election held pursuant to this Act, the qualified electors shall be those having the qualifications of voters under the present law; thereafter and until otherwise provided by the Philippine Legislature herein provided for the qualifications of voters for senators and representatives in the Philippines and all officers elected by the people shall be as follows: Every male person who is not a citizen or subject of a foreign power twenty-one years of age or over (except insane and feeble-minded persons and those convicted in a court of competent jurisdiction of an infamous offense since the thirteenth day of August, eighteen hundred and ninety-eight) who shall have been a resident of the Philippines for one year and of the municipality in which he shall offer to vote for six months next preceding the day of voting, and who is comprised within one of the following classes: (a) Those who under existing law are legal voters and have exercised the right of suffrage. (b) T hose who own real property to the value of 500 pesos, or who annually pay 30 pesos or more of the established taxes. (c) Those who are able to read and write either Spanish, English, or a native language. Sedition Law of 1901 [No. 202.] AN ACT defining the crimes of treason, insurrection, sedition, conspiracies to commit such crimes, seditious utterances whether written or spoken, the formation of secret political societies, the administering or taking of oaths to commit crimes or to prevent the discovering of the same, and the violation of oaths of allegiance, and prescribing punishment therefor By authority of the President of the United States, be it enacted by the United States Philippine Commission, that: Section l. Every person, resident in the Philippine Islands, owing allej^ance to the United States or the Government of the Philippine* Islands, who levies war against them, or adheres to their enemies, jriving them aid and comfort within the Philippine Islands or else- where, is guilty of treason, and, upon conviction, shall suffer death or, at the discretion of the court-, shall l)e imprisoned at hard labor for not less than five years and fined not less than ten thousand dollars. Sec. 2. Every person, owing allegiance to the United States or the (Tovemment of the Philippine Islands, and having knowledge of any treason against them or either of them, who conceals, and does not, as soon as may be, disclost? and make known the same to the Provin- cial (Governor in the Province in which he resides, or to the Civil Governor of the Islands, or to some Judge of a Court of Hec »ord, is guilty of mLsprision of treason, and shall be imprisoned not more than seven years and be fined not more than one thousand dollars. Sec. 3. Everj’ pei*son who incites, sets on foot, assists or engages in any rebellion or insurrection against the authority of the Ignited States or of the Government of the Philippine Islands, or the laws thereof, or who gives aid or comfort to any one so engaging in such rebellion or insurrection, shall, upon (*onviction, lie imprisoned for not more than ten years and Ik* fined not more than ten thousiiud dollars. Sec. 4. If two or more persons conspire to overthrow, i)ut down or destroy by force, the Government of the ITnited States in the Philippine Islands or the Government of the Philippine Islands, or by force to prevent, hinder or delay, the execution of any law of the UnilcKl States or of the Philippine Islands, or by force to seize, take, or possess, any property of the United States or of the Government of the Philippine Islands, contrary to the authority thereof, (*a*li of such persons shall be punished by a fine of not more than f\\c thous^ind dollars, and by imprisonment, with or without hanl labor, for a ieri(Kl not more than six years. Sec. 5. All persons who rise publicly and tumultuously in onler to attain by force or outside of legal methwls any of the following object*, are guilty of sedition: 1. To prevent the promulgation or  »xecution of any law or thr free holding of any popular election. 2. To prevent the Insular Government, or any Provincial or Mnnicipiu Qovemment or any public official, from freely exercisingits or his duties or the due execution of any judicial or administrative order. 3. To inflict any act of hate or revenge upon the person or property of any official or a^ent of the Insular Government or of a Provincial or Municipal Government. 4. To inflict, with a political or social object, any act of hate or revenire, upon individuals or upon any class of individuals in the Islands. 5. To despoil, with a political or social object, any class of persons, natural or artificial, a Municipality, a Province, or the Insular Government or the Government of the United States, or any part of its pro perty. Sec. 6. Anyperaon guilty of sedition as defined in section 5 hereof, shall be punished by a line of not exceeding five thousand dollars and by imprisonment not exceeding ten years, or both. Sec. 7. All persons conspiring to commit the crime of sedition shall be punished by a fine of not exceeding one thousand dollars, or by imprisonment not exceeding fiVQ years, or both. Sec. 8. Every ierson who shall utter seditious words or speeches, write, publish, or circulate, scurrilous libels against the Government of the United States or the Insular Government of the Philippine Islands or which tend to disturb or obstruct any lawful officer in exe- cuting his office, or which tend to instigate others to cabal or meet togetlier for unlawful purposes, or which suggest or incite rebellious conspiracies or riots or wiiich tend to stir up the ieople against the lawful authorities or to disturb the i)eace of the community, the safety and order of the Government, or who shall knowingly conceal such evil pra(*tic( »s, shall be punished by a fine not exceeding two thousand dollars or by imprisonment not exceeding two years, or both in the discretion of tlio Court. Sec. 9. All persons who shall meet together for the purpose of forming, or who shall form any secret society or who shall after the l)assago of this Act cont inue memlHjrship in a society already formed having for its object in whole or in part, the promotion of treason, r(‘l)(41ion or sc^dition, or the promulgation of any political opinion or policy, shall 1k » punished by a fine not exceeding one thousand dollars or by imprisonment not exceeding one year, or both. Sec. 10. lentil it has been officially proclaimed that a state of war or insurr( »ction against the authority or sovereignty of the United States no longer exists in the Philippine Islands, it shall be unlawful for any person to advocate orally or by writing or printing or like m( »tli(Kls, th(^ independence of the Philippine Islands or their separa- tion from the I’nited States whether by peaceable or forcible means, or to print, publish or circulate any handbill, newspaper, or other publication, advocating such indeiendence or separation. Any person violating th » provisions of this section shall be punished by a lint* of not exceeding two tlumsand dollars and imprisonment not exceeding one year. Flag Law of 1907 ACT NO. 1696 An act to prohibit the display of flags, banners, emblems, or devices used in the Philippine islands for the purpose of rebellion or insurrection against the authorities of the United States and the display of Katipunan flags, banners, emblems, or devices and for other purposes By authority of the United States be it enacted by the Philippine Commission that: Section 1. Any person who shall expose or cause or permit to be exposed to public view on his own premises, or who shall expose or cause to be exposed to public view either on his own premises or elsewhere, any flag, banner, emblem, or device used during the late insurrection in the Philippine Islands to designate or identify those in armed rebellion against the United States, or any flag, banner, emblem, or device used or adopted at any time by the public enemies of the United States in the Philippine Islands for the purposes of public disorder or of rebellion or insurrection against the authority of the United Sta tes in the Philippine Islands, or any flag, banner, emblem, or device of the Katipunan Society or which is commonly known as such, shall be punished by a fine of not less than five hundred pesos nor more than five thousand pesos, or by imprisonment for not less than three months nor more than five years, or by both such fine and imprisonment, in the discretion of the court. Sec. 2. Any person or persons having charge of any banquet, public entertainment, public meeting, or reunion, or any parade, procession, or review, who shall display or cause or permit to be displayed at such banquet, public entertainment, public meeting, or reunion, or in such parade, procession, or review, or who shall expose or cause to be exposed to public view any flag, banner, emblem, or device used during the late insurrection m the Philippine Islands to designate or identify those in armed rebellion against the United States, or any flag, banner, emblem, or device used or adopted at any, time by the public enemies of the United States in the Philippine Islands for the purposes of public disorder or of rebellion or insurrection against the authority of the United States in the Philippine Islands, or any flag, banner, emblem, or device of the Katipunan Society or which is commonly known as such, shall be punished by a fine of not less than five hundred pesos nor more than five thousand pesos, or by imprisonment for not less than three months nor more than five years, or by both such fine and imprisonment, in the discretion of the court. Sec. 3. It shall be unlawful tor any person to expose or cause or permit to be exposed to public view on his own premises, or to expose or cause to be exposed to public view either on his own premises or elsewhere, or to display or cause to be displayed at any banquet, public entertainment, meeting, or reunion, or in any parade, procession, or review, or for any person having charge of such banquet, public entertainment, meeting, or reunion, or of such parade, procession, or review, to permit to be displayed or exposed to public view, any flag, or banner the use or display of which is prohibited by executive order of the Governor-General. Any person who shall violate the provisions of this section shall be punished by a fine of not less than five hundred pesos nor more than five thousand pesos, or by imprisonment for not less than three months nor more than five years, or by both such fine and imprisonment, in the discretion of the court: Provided, however, That nothing in this secti on contained shall be construed to authorize the Governor-General to permit the use or display of any flag, banner, emblem, or device whose use, display, or exposition to public view is prohibited by the preceding sections of this Act. Sec. 4. Any person who shall wear, use, or expose to public view in any parade, procession, or review, any uniform or dress or part thereof, adopted or used during the late insurrection in the Philippine Islands to designate or identify those in armed rebellion against the United States, or any uniform or dress or part thereof adopted or used at any time by the public enemies of the United States in the Philippine Islands for the purposes of public disorder or of rebellion or insurrection against the authority of the United States in the Philippine Islands, shall be punished by a fine of not less than five hundred pesos nor more than five thousand pesos, or by imprisonment for not less than three months nor more than five years, or by both such fine and imprisonment, in the discretion of the court. Batas Tydings-Mcduffie Batas Tydings-McDuffie (opisyal na pangalan: Batas sa Kalayaan ng Pilipinas; Pampublikong Batas Blg. 73-127) na inaprubahan noong Marso 24, 1934 ay isang pederal na batas ng Estados Unidos na nagkaloob ng nagsasariling pamahalaan ng Pilipinas at ng kalayaan nito (mula sa Estados Unidos) matapos ang sampung taon. Noong 1934, pinamunuan ng Pilipinong pulitikong si Manuel L. Quezon ang misyong pang-kalayaan ng Pilipinas sa Washington, DC na nagtagumpay sa pagpapatibay ng Kongreso sa batas na ito. Batas Tydings-McDuffie (opisyal na pangalan: Batas sa Kalayaan ng Pilipinas; Pampublikong Batas Blg. 73-127) na inaprubahan noong Marso 24, 1934 ay isang pederal na batas ng Estados Unidos na nagkaloob ng nagsasariling pamahalaan ng Pilipinas at ng kalayaan nito (mula sa Estados Unidos) matapos ang sampung taon. Noong 1934, pinamunuan ng Pilipinong pulitikong si Manuel L. Quezon ang misyong pang-kalayaan ng Pilipinas sa Washington, DC na nagtagumpay sa pagpapatibay ng Kongreso sa batas na ito. Batas Tydings-McDuffie (opisyal na pangalan: Batas sa Kalayaan ng Pilipinas; Pampublikong Batas Blg. 73-127) na inaprubahan noong Marso 24, 1934 ay isang pederal na batas ng Estados Unidos na nagkaloob ng nagsasariling pamahalaan ng Pilipinas at ng kalayaan nito (mula sa Estados Unidos) matapos ang sampung taon. Noong 1934, pinamunuan ng Pilipinong pulitikong si Manuel L. Quezon ang misyong pang-kalayaan ng Pilipinas sa Washington, DC na nagtagumpay sa pagpapatibay ng Kongreso sa batas na ito. Bell Trade Act In 1946, the US congress offered 800 million dollars as rehabilitation money in exchange for the ratification of the Bell Trade Act. It was passed by the US congress specifying the condition of the Philippine economy governing the independence of the Philippines from the Americans. A system of preferential tariffs was implemented which discouraged government officials to control the country’s import-export market. The Philippine peso followed the US dollar currency. Aggravating the Filipino citizens, U.S. citizens and corporations were granted equal access to the natural resources of the country. Many nationalists were not in favor of the bell trade act because it was â€Å"a curtailment of Philippine sovereignty, virtual nullification of Philippine independence† as said by former president Sergio Osmena. Roxas supported the acceptance of two important laws passed by the Congress of the United States to the Philippines. These laws were The Philippine Rehabilitation Act and the Philippine Trade Act (Bell trade act). On August 5, 1946, the Treaty of General Relations was ratified between the Philippines and the US. It recognized Philippine independence as of July 4, 1946 and relinquished American sovereignty over the Philippine Islands. The establishment of US bases was also included in this treaty. On March 14, 1947, the Treaty of General Relations was signed. On September 7, 1946, Manuel Roxas granted a General Amnesty to guerrillas who were imprisoned during World War 2. On January 28, 1948, General Amnesty was given to all those arrested for conniving with Japan. An earlier amnesty hindered Roxas because of his fear that the Americans might stop rendering financial assistance to the country. On January 1, 1947 under the Bell Trade Act, the Parity Amendment was introduced. It gave American citizens and corporations equal rights to Filipinos to utilize natural resources and operate public utilities. On March 11, 1947, it was ratified in a national plebiscite.

Impact of RBI?s Monetary Policy for the Last Two Decades and Medium Te :: essays research papers

We are indebted to Prof.Bala V Balachandran, Prof.Lakshmi Kumar. The views expressed herein are those of the author and not necessarily those of the Great Lakes Institute of Management.  © 2004 by Kaushik.P All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including  © notice, is given to the source. "Impact of RBI’s Monetary Policy for the Last Two Decades and Medium Term Strategy for Managing Foreign Exchange Reserves." --Macro Economics Kaushik.P Srinagar Colony, Off Raj Bhavan Road, 24, South Mada Street, Chennai - 600015, India Preamble: The Monetary Policy, traditionally announced twice a year, regulates the supply of money and the cost and availability of credit in the economy. It deals with both the lending and borrowing rates of interest for commercial banks. The Monetary Policy aims to maintain price stability, full employment and economic growth. The Reserve Bank of India is responsible for formulating and implementing Monetary Policy. It can increase or decrease the supply of currency as well as interest rate, carry out open market operations, control credit and vary the reserve requirements. Objectives: The objective of price stability has, however, gained further importance following the opening-up of the economy and the deregulation of financial markets in India in recent times. There are four main 'channels' which the RBI looks at:  · Quantum channel: money supply and credit (affects real output and price level through changes in reserves money, money supply and credit aggregates).  · Interest rate channel.  · Exchange rate channel (linked to the currency).  · Asset price. Monetary Policy: Pre-Reform (Prior 1992) In the pre-reform era, the financial market in India was highly segmented and regulated. The money market lacked depth, with only the overnight interbank market in place. The interest rates in the government securities market and the credit market were tightly regulated. The dispensation of credit to the Government took place via a statutory liquidity ratio (SLR) process whereby the commercial banks were made to set aside substantial portions of their liabilities for investment in government securities at below market interest rates. Furthermore, credit to the commercial sector was regulated, with prescriptions of multiple lending rates and a prevalence of directed credit at highly subsidised interest rates. Monetary policy had to address itself to the task of neutralising the inflationary impact of the growing deficit. The Reserve Bank had to resort to direct instruments of monetary control, in particular the cash reserve ratio.