The Evolution and the Impact of Currency Futures in India

Currency futures trading started in India on August 29, 2008 on National Stock Exchange. This was the first time currency derivatives got listed on an exchange in India. Till this time, the currency futures trading took place over the counter and were unorganized. With the entry of the National Stock Exchange in the picture, currency trading became more organized with the NSE acting as a counter party to all the transactions. Soon after BSE and MCX also marked their entry into the currency derivatives market.Currency futures is mainly using as a risk management tool by exporters and importers. There are three types of traders are in the market i. e Hedgers, Speculators and Arbitragers. Currency futures are mainly used as a hedging instrument by importers and exporters. A foreign exchange deal is always done in currency pairs, for example USD-INR, GBP-INR, JPY-INR etc. In a currency pair, the first currency is referred to as the base currency and the second currency is referred to as the counter/base currency. Foreign exchange prices are highly volatile and fluctuate in real time basis.In foreign exchange contracts, the price fluctuation is expressed as appreciation/depreciation or the strengthening/weakening of a currency relative to other. The Currency futures contracts traded at the NSE have a tick size of Rs. 0025. tick value refers to the amount of money that is made or lost in a contract with each price movement. The spot market transaction does not imply immediate exchange of currency, rather the settlement (exchange of currency) takes place on a value date, which is usually two business days after the trade date.The price at which the deal takes place is known as the spot rate (also known as benchmark price). The two-day settlement period allows the parties to confirm the transaction and arrange payment to each other. A forward transaction is a currency transaction wherein the actual settlement date is at a specified future date, which is more than two w orking days after the deal date. The date of settlement and the rate of exchange (called forward rate) is specified in the contract.The difference between spot rate and forward rate is called â€Å"forward margin†. The pricing of currency futures can be done by using cost of carry model and interest rate parity principle. Importers are using long term strategy and exporters are using short term strategy. ` The trading can be done in NSE from 9. 00 am to 5 pm. Currency futures have a maximum expiration period of 12 months. Individuals, partnership firms, corporations and companies can participate in Currency future market. There are certain set of eligibility criteria for membership.The trading system at NSE is known as NEAT-CDS(National Exchange for Automated Trading- Currency Derivative Segment). The final settlement of futures contracts is effected on T+2 day basis as per the timelines specified by the clearing corporation. The final settlement date is the contract expiry d ate. Since the final settlement is done on the contract expiry date, the last trading day is two working days prior to the last business day of the expiry month at 12 noon.Derivative is a product whose value is derived from the value of one or more basic variables called base (underlying asset, index, or reference rate), in a contractual manner. The underlying asset can be equity, foreign exchange, commodity or any other asset. For example, wheat farmers may wish to sell their harvest at a future date to eliminate the risk of a change in prices by that date. Such a transaction is an example of a derivative. The price of this derivative is driven by the spot price of wheat which is the â€Å"underlying†.In the Indian context the Securities Contracts (Regulation) Act, 1956 [SC(R)A] defines â€Å"derivative† to include- 1. A security derived from a debt instrument, share, loan whether secured or unsecured, risk instrument or contract for differences or any other form of s ecurity. 2. A contract which derives its value from the prices, or index of prices, of underlying securities Derivatives are securities under the SC(R)A and hence the trading of derivatives is governed by the regulatory framework under the SC(R)A.The term derivative has also been defined in section 45U(a) of the RBI act as follows: An instrument, to be settled at a future date, whose value is derived from change in interest rate, foreign exchange rate, credit rating or credit index, price of securities (also called â€Å"underlying†), or a combination of more than one of them and includes interest rate swaps, forward rate agreements, foreign currency swaps, foreign currency-rupee swaps, foreign currency options, foreign currency-rupee options or such other instruments as may be specified by the Bank from time to time.

Multiple Choice Test on Visual Basic

Question 1 2 / 2 points The ____ function displays an input dialog box, which is one of the standard dialog boxes available in Visual Basic.A)   InputBoxB)   DialogBoxC)   OutputBoxD)   ShowBoxQuestion 2 2 / 2 points A variable that has block scope can be used ____.A)   within the procedure in which it is declaredB)   only within the statement block in which it is declaredC)   within any statement blocks in the programD)   within any procedures in the programQuestion 3 2 / 2 points All expressions containing a comparison operator will result in a(n) ____ answer.A)   floating-pointB)   integerC)   true or falseD)   stringQuestion 4 2 / 2 points When using the  Select Case  statement, the data type of the ____ must be compatible with the data type of the  selectorExpression.A)   Case  expressionB)   Case Else  clauseC)   instructionsD)   expressionsQuestion 5 2 / 2 points The expression  1 To 5  in the  Case 1 To 5  clause specifies the range of numbers from ____.A)   2 to 5, inclusiveB)   2 to 4, inclusiveC)   1 to 4, inclusiveD)   1 to 5, inclusiveQuestion 6 0 / 2 points In situations where the selection structure has many paths from which to choose, it is often simpler and clearer to code the selection structure using the ____ statement.A)   Select CaseB)   Begin/EndC)   If/ThenD)   Do/LoopQuestion 7 2 / 2 points The ____ in a flowchart represents the multiple-alternative selection structure’s condition.A)   circleB)   diamondC)   squareD)   triangleQuestion 8 0 / 2 points If and for how long the instructions are repeated in a repetition structure is determined by the ____.A)   if conditionB)   loop exit statementC)   loop determinantD)   loop conditionQuestion 9 2 / 2 points ____ means to assign a beginning value to the counter or accumulator.A)   ImprintingB)   BaseliningC)   SelectingD)   InitializingQuestion 10 2 / 2 points To prevent a text box from accepting an inappropriate character, you first use the ____ parameter’s  KeyChar  property to determine the pressed key.A)   tB)   aC)   eD)   pQuestion 11 0 / 2 points To include two groups of radio buttons in an interface, at least one of the groups must be placed within a ____, such as a group box, panel, or table layout panel.A)   CaseB)   structureC)   containerD)   statementQuestion 12 0 / 2 points The number of choices the user can select in a list box is controlled by the list box’s ____ property.A)   SelectionItemB)   SelectionModeC)   SelectionVariableD)   SelectionQuestion 13 2 / 2 points A(n) _____ decision is always made by an outer selection structure.A)   dynamicB)   staticC)   primaryD)   secondaryQuestion 14 2 / 2 points You add a radio button to a form using the ____ tool in the toolbox.A)   RadioButtonB)   RadioC)   ButtonD)   RadioToolQuestion 15 0 / 2 points You use the ____ method to convert a string to uppercase.A)   UpperB)   ConvertUpperC)   ParseUpperD)   ToUpperQuestion 16 2 / 2 points You use the ____ keyword when you know only one end of a range (either the upper or lower end).A)   IsB)   AllC)   ToD)   FromQuestion 17 2 / 2 points A(n) ____ decision is always made by a nested selection structure.A)   staticB)   dynamicC)   primaryD)   secondary

Academic Honesty Essay Example | Topics and Well Written Essays - 250 words

Academic Honesty - Essay Example This means that plagiarism is the act of copying an submitting the work of another author and claiming the work to be the efforts of the person who is submitting the work and not giving any credit to the author who had originally authored that piece of work. One of the most modern ways of detecting plagiarism is the use of plagiarism checking applications such as Turnitin. When using this software, the teacher submits the work on the website of Turnitin and the website compares the work from various academic and internet databases for similar content that have been submitted by some other individual. According to Green one of the consequences of plagiarism is that â€Å"it is the breach of faith in the social contract between the reader and the writer† (Green, 2008, p.112). Furthermore, students who indulge in plagiarism may have to suffer severe consequences such as being graded as failed in a particular subject or course and may even be expelled from their educational instit ute. One of the way through which plagiarism can be avoided is that the writer gives credit to the original author of the content through the use of references. Another way is that the writer paraphrases the content while giving credit to the original author. I promise that throughout my educational period as well as professional life, I will never indulge in the act of plagiarism and any form of academic

Internment Research Paper Example | Topics and Well Written Essays - 1000 words

Internment - Research Paper Example Cause of the Internment The provocation for the Americans to enter into a war was brought about by Japan which by then had joined the Rome-Berlin-Tokyo Axis in September 1940 by signing the tripartite pact. The United States got alarmed when Japan anticipated building an East Asian empire. The United Sates responded to the invasion of the Japanese forces into French Indochina by adding items to a lengthy list of embargoed Japanese goods and eventually the US froze all its’ trades with the Japan. In 1941 the US intelligence sent out warnings to commanders of U.S bases in the pacific when he become aware of Japanese plans to attack. The American officials did not think the threat was significant but they were proven wrong on December 7th 1941 when the Japanese planes bombed the U.S. base at Pearl Harbor in an attempt to destroy American sea power in the pacific. During this time the Japanese destroyed nearly 200 aircraft, eight battleships, three cruisers and almost 2,400 Americ ans died. On December 8th, the senate voted in favor of Franklin Roosevelt’s request for a declaration of war on Japan. Italy and Germany joined with Japan on 11th December on declaring war to the U.S., this led the U.S. into world war two (Inada, Society, pxi). Japanese American Internment The Japanese American internment occurred in the year 1942 and ended in the year 1945. Japanese war time internment refers to a forcible relocation and internment by the United States government in 1942, where around 110,000 Japanese nationals and Japanese Americans who lived along the pacific coast of the United States to housing facilities that were called war relocation camps (these camps were 10 and they were situated in seven states) at the wake of imperial Japan’s attack on Pearl Harbor, Hawaii on 7th December 1941 (Burgan, p10). The Japanese Americans internment was applied unequally through out the United States. Franklin Roosevelt endorsed the internment using an Executive order 9066 to the military that was signed on February 19th 1942 using his authority as commander-in-chief to exercise war powers. The order gave the military the right to relocate United States citizens who were thought to be potential enemies of the state. Many Japanese ancestries lost their homes, businesses and all their worldly possessions during the internment. The Japanese American who were also known as the Nikkei community was made up of several various distinct groups who included; the Issei, Nisei, Sansei and Kibei, the Issei were the first generation and immigrants living in the US and they were considered to be more dangerous because they were spies for Japan and still closely tied to their mother country. The Nisei were the second generation and these were people who were born in the United States to people of Japanese ancestry from the Japan. The Sansei were the third generation and these were people who were born by the Nisei and were most assimilated with the Americ an culture. The Kibei were the U.S. citizens who were educated in the Japan. All the first three groups (Issei, Nisei and the Sansei) were interned. (Robinson, p4). Housing/the internment camps The Japanese families were housed in various camps around the U.S., the camps were enclosed with barbed wire, sentry post, armed guards and several towers. These camps had not much detailed planning as they were built quickly during the summer of 1942. The residences were long

Domestic violence, Criminal justice Research Paper

Domestic violence, Criminal justice - Research Paper Example The author talks of a disparity that occurs in punishing cases of domestic violence depending on perpetrators. In this case, men are shown to receive harsh treatment and condemnation when they are perpetrators as compared to women perpetrators. For example, some of the key players that have been involved in domestic violence in National Football league have been relieved their duties as opposed to Hope Solo that continues playing despite allegations of assault on her sister and nephew. Also, a major organization such as Nike are shown to continue working with Solo even after damning accusations while they were quick to end ties in public with Rice and Peterson. The argument is that the Solo scenario is not the norm and men are seen as the primary perpetrators of violence. Jarrett, T. (2014, September 10). Why she stayed: Ray Rice video sheds light domestic violence. Retrieved September 27, 2014, from http://www.nbcnews.com/storyline/nfl-controversy/why-she-stayed-ray-rice-video-sheds-light-domestic-violence-n200266. The article highlights the issue of domestic violence. Specifically, the author shows how it has been challenging to authenticate due to the environment in which such violence takes place. However, Ray Rice versus Janay issues are used to show various issues related to violence. The case was significant as it helped in highlighting issues related to domestic violence with a video. Most of the women are also shown to stay with their partner despite the abuse. On the other hand, the men are shown as not seeing anything bad with the rampant abuse of women. The media are also shown to lack ethics in addressing Janay’s case. The media role appears that of highlighting various crimes that occur in the country. Moreover, the purpose appears to offer sensational reporting with no analysis. However, the media help in reviving the debate concerning crime and also attracts the attention of the policy

Thiel Fellowship Essay Example | Topics and Well Written Essays - 250 words

Thiel Fellowship - Essay Example In my view, these claims are fallacious and lack evidence. In fact technological advances in developed countries for instance have doubled over the years. Taking young top talent denies them various educational progresses that are sustainable for their overall success in life. Furthermore, education is critical to understanding even more technological advances. This in my view renders Thiel Fellowship irrelevant in any contemporary society. Sadly, Thiel has maintains that, education may not be useful for some career paths and youth do learn various â€Å"valuable things† in college that not end up assisting them in life. In my view such claims are baseless. Education offers a broad range of opportunity. In addition, application of acquired skills is very vital and this is what many career paths offer. In my view, Thiel Fellowship may not be an alternate path to real and sustainable success. The various acquired values in life makes a person achieve their goal and offer sustainable solution to societal problems. In this regard, even with the chance at Thiel Fellowship, I will reject the

Interview Analysis Essay Example | Topics and Well Written Essays - 2000 words

Interview Analysis - Essay Example Its curriculum gives students an education that is generally broad with in depth studies to support a student’s professional and personal growth. Its staff, including the interviewee, is highly qualified academics who are experienced in the US higher education style (American University of Kuwait 1). Â   Amer El-Assad Ali is an employee of the American University of Kuwait who was the interviewee for this interview. The interview was carried out at the university using a tape recorder. The interviewee was asked about his experiences before he joined the American University of Kuwait, where he used to work, and how his job was like. The interview was meant as part of a set of interviews that sought to get information on current and past employees at the American University of Kuwait with regards to their experiences, how working at AKU was of benefit to them, and how they benefited the University. The interview took place at the university and lasted for approximately one hour and twelve minutes. The interviewee was quite candid about his experiences at AKU and gave us deep insight into the formation of various administrative departments at the university. Â   Amer began by telling us about his experiences prior to joining the university where he worked at the Central Mall Plaza as an advertising agent. They were forced to close shop because of the Iraq War in 2003 due to reduced business, which left him looking for work. At around this time, he met Emal Hassan, who was the founding HR director of the new start up university, AUK. While his background was in marketing and advertising, this department was not at AUK yet, and Emal told him to apply and see what happened. His only experience working at a university at the time was in student affairs at his former university, which helped since they were looking for people with experience at university level. At this point, he applied for the position of HR coordinator, got an interview with Dr. Shaffie Kab ra, and got the job. After gaining experience at AUK for a year, he again applied for a job in the marketing department and got the job, which he still works in. His experience at Human Resources was almost pioneering at the university since the department was new. He contends that he learnt about HR working in this department, which was easy as most of the work here was about the administration with compilation of CVs and contacting personnel who are willing to work in the faculty positions. However, his best experiences at HR at the time had to do with the interview process, although the routine process like database management did not appeal to him, especially because of his marketing, design, and advertising base. At this point, his previous director recruited him at HR to work on a few designs at her advertising agency, for example, with the faculty fact book and how the faculty would be received into the campus in order for them to get a feel of Kuwait, especially since some w ere from outside Kuwait. By making Kuwait appealing to incoming staff, despite the Iraq war, this helped her to get the job in marketing, as well. While she was not very comfortable working in HR, he was proud that he left a mark on the department since the forms used still had some of her designs. Leaving

Hagia Sophia and Pantheon Essay Example | Topics and Well Written Essays - 2500 words

Hagia Sophia and Pantheon - Essay Example However, I was pleasantly surprised by the Apse mosaics within the building that depicted Biblical scenes. Mosaic art gained appreciation in my mind when I observed the Apse mosaics closely when previously mosaic art held no beauty for me. The most important feature in the interior of the building that appealed to my eye was the dome that rests on four concave triangular pendentives. It is because of these pendentives that the rectangular base is transformed to a circular dome as the building rises. One would expect the pendentives to serve only the practical purpose but when I observed the structure of these pendentives, it allowed me to appreciate the beauty of the architecture. The pendentives are both awe-inspiring as well as practical. Even without the pendentives, the beauty of the dome will still be maintained due to the presence of the forty windows that the architects of the original dome envisioned when creating the dome. The presence of these windows has allowed for a good play of light within the internal structure. I feel that without the dome, Hagia Sophia would not have gained such popularity among modern artists and architects. Pantheon is a building located in Rome, Italy that recounts the brilliance of Roman art and architecture in this age. The Pantheon served as a temple for the Romans and featured all the Roman Gods at different points of the building. The building is a treat in itself and observing the building from the front, with its Corinthian columns, I failed to envision the dome within the building despite having read extensive literature on the building. However, the east of side of the building prominently displays the rotunda. When entering into the building through the Corinthian columns, I felt that I was entering history. The high columns further strengthened these feelings as I realized that I was entering something majestic. This was a place where our ancestors prayed for successful lives, healthy sons and good produce. Howev er, looking at the building, I did not believe that this building was as old as the Roman age, given its condition despite the years. The most beautiful aspect of the building for me was the dome and the oculus in the interior of the building. Standing directly beneath the oculus and looking up gives one a feeling of being engulfed in the majesty of Roman architecture. Pantheon for me was Roman architecture in its prime. The vaulted arches of the dome have inspired many architects since they have been created but none have been able to match the brilliance of the Pantheon. It is not just the arches that catch the eye of the viewer. The architects of Pantheon have also been able to play with light using the circular structure of the dome. However, they have done this by using the top of the dome. The oculus allows light to shine on part of the vaulted arches and through the direction of the light, the Romans were also able to tell time. Combining the practical aspect with the beauty of the building is one of the most beautiful arts of the Romans . Reflection Assignment: Islamic Advancements and Achievements Muslim advancement in mathematics and architecture inspired many other cultures that came in contact with it. One of them was Renaissance culture that took good advantage of the Muslim presence in Spain to learn from one the most developed cultures of that

GIS Essay Example | Topics and Well Written Essays - 2750 words

GIS - Essay Example Inherent errors are normally witnessed in source data and documents. Operational errors on the other hand result from GIS manipulation functions and data capture. Possible operational errors sources include; digitizing human error, thematic maps areas mis-labelling, horizontal boundaries misplacement, classified error, human bias and inaccuracies in GIS algorithms. The main of GIS processing is to identify the possible error in data sources as well as minimizing the error amount resulting from the processing. Cost constraints make it easier to avoid errors rather than eliminating them afterwards. A GIS (geographical information system) is a tool that is computerised and is used for both mapping and analysis of existing geographical phenomenon and occurring events on the Earth surface. The technology behind GIS entails the integration of operations of common database like statistical and query analysis with exceptional geographical analysis and visualization benefits provided by maps. It is this ability that makes GIS stand out from the rest of information systems and makes it valuable to most of the private and public enterprises in predicting outcomes and explaining events strategy planning. Data accuracy mostly depends on the original input data quality as well as its precision when the data is being processed. This follows the many states in which inaccuracies and errors may occur within the GIS database. The most common sources of errors include; field measurement inaccuracies, use of equipments that are inaccurate, or in recoding procedures that are not correct. This implies that, higher accuracy calls for higher quality in the initial data and processing that is more precise. However, the two will increase the systems costs. Theoretically, the quality of GIS data is a comprise between the cost involved and the needs. Practically, the choice goes down to what is available at that time or what is acquirable in a reasonable cost or amount of time. The two wi ll determine the quality of working level of a given dataset. DIGITIZING Ð ND SCÐ NNING OF MÐ PS Maps are often scanned so as to make use digital data as their bases for other information on vector map as well as to have the scanned data converted to vector data which can be used in vector GIS. For scanning to be successful, the map to be scanned has to have clear defined text, lines and symbols; be of good quality, be free from extraneous strains and have their width lines being greater than 0.1 mm (Bolstad, 2005). The scanning process consists of binary encoding and scanning. In normal cases, scanning results in an 8-bit gray scale regular pixel.Pixels appear in columns and rows and every pixel coordinates are normally identified by the row and column number after which the number is converted to normal coordinates using transformation process. Now that maps that have been scanned do not have any information on the area structures or inner linear (Bolstad, 2005), it is impos sible to associate attributes to structures in an effort to define whether the landmark in question is a river or roads. Reclassification involving cells grouping can be conducted on the maps that have already been scanned. Maps that have been

Zodiac Killer Research Paper Example | Topics and Well Written Essays - 1000 words

Zodiac Killer - Research Paper Example He targeted three women and four men between the ages of 15 and 29. In several cities the case remains open. In spite of the investigation over 2,500 suspects, the serial killing case never officially solved. The report will analyze the Zodiac serial killing case. This report will try to discuss the given questions related with Zodiac killer case. Analysis This part of the report will try to provide effective answers to the provided questions. Question 1 Zodiac Killer was recognized as cold blooded serial killer. He is quite different in nature and behavior comparing to the other normal homicide suspect. Zodiac serial killer is quite unique among all the serial killers. It is evident in past that all the serial killers follow similar method while killing or murdering the victims, but Zodiac killer followed different modes and strategies of killing in different cases (Waller, 2011). For example, the victims were totally under control of the serial killer when the killer shot them outs ide the car at the Lake Herman Road. Different killing methods and various dispatching styles of dead bodies made the Zodiac killer different from other serial killers and normal homicide suspects. In addition to this, his communication style with the press through the letters before and after the murders made him unique serial killer. Question 2 The Zodiac serial killing case is still unsolved due to the implementation of cool and tricky killing process. The motive behind the serial killing process is not discovered. A serial killer kills people in order to fulfill his or her personal needs or mental satisfaction. Some investigators stated that the killer choose to kill the victims in order to satisfy his own sexual needs. Out of 7 attacks 5 women got died. Most dramatically, rest 2 men victims able to survive despite the attack. However, the killer himself denied this reason or motive behind the serial killing through his letter note sent to the press (Graysmith, 2007). He claimed that he killed 37 people including both men and women. However, the proper motive behind the killing still are not discovered as the case declared as inactive by San Francisco police in the year 2004. Question 3 The police of several cities tried to capture the serial killer through several investigation and forensic activities. In the year 1969 the Zodiac killer continued to confuse the FBI agencies through different killing methods. The serial killer murdered five women and critically injured two men victims (Haugen, 2010). The FBI did not have any kind of jurisdiction in those particular murder cases. In addition to these, FBI did not directly investigate the murder case. However, the FBI agency was enlisted to perform forensic examinations according to the local law enforcement. The FBI agency tried to engage several crime detector specialists, such as latent fingerprint specialists, code analysts and handwriting specialist into the forensic investigation process. The FBI agenc y tried hard to break the codes that are written by the killers on envelops, letters and cryptograms. But they were unable to provide a proper solution. It is true that the Zodiac serial killing case remained unsolved. Question 4 Different killing methods and unique dispatching styles of dead bodies make it difficult for the city police to capture the Zodiac serial killer. The killer was lucky and smart. He could easily interpret the next move of police or FBI agencies. He followed unique killing styles. In addition to this, the

History of Pakistan 1912 to Date Essay Example for Free

History of Pakistan 1912 to Date Essay 1206-1526 The Delhi Sultanate Some of the earliest relics of Stone Age man were found in the Soan valley near Rawalpindi, dating back to at least 50,000 years. Predominantly an agricultural region, its inhabitants learned to tame and husband animals and cultivate crops some 9,000 years ago. Farming villages dating from 6000 BC have been excavated in Baluchistan, the North West Frontier Province and Punjab. The Indus Valley Civilization is considered to have evolved around 2600 BC. Built on the ruins of fortified towns near Kot Diji, it is now believed to have emerged from farming communities of the area. The Civilization boasted immense cities like Moenjodaro and Harappa. These towns were well planned, with paved main roads, multistoried houses, watchtowers, food warehouses, and assembly halls. Their people developed an advanced script that still remains un-deciphered. The Indus Civilizations decline around 1700 BC is attributed to foreign invaders, who at some sites violently destroyed the cities. But with recent research, historians have become unsure as to the exact causes of decline of the Indus Civilization. Aryans, who were rough cattle breeders, came from Central Asia around 1700 BC, seeking grazing land for their herds. Their religion was well developed, with gods identified from elements of nature. They followed a strict caste system, which later became Hinduism. They wrote the first book of Hindu scripture, the Rig Veda, which was a collection of hymns remembered through several generations. Some anthropologists believe that there is no real historical evidence to prove the coming of Aryans, and consider their coming as a myth. In sixth century BC, the people of the region were getting increasingly dissatisfied with the Hindu caste system. When Buddha, son of a Kshatriya king preached equality in men, his teachings were quickly accepted throughout the northern part of the Sub-continent. Around the same time Gandhara, being the easternmost province of the Achaemenid Empire of Persia, became a major power in the region. Its two cities Pushkalavati, or present day Charsadda near Pesha war, and the capital Taxila, were the center of civilization and culture. Alexander the Great invaded the Subcontinent in 327 BC. Conquering the Kalash valley, he crossed the mighty Indus at Ohind, sixteen miles north of Attock. He then defeated the mighty elephant army of Porus at Jhelum, and began his march towards the long Ganges plain. However, he was forced to plan for homeward sailing when his warwary troops refused to advance further. On his way back, a serious wound, received while battling the Malloi people at Multan, finally took its toll, and Alexander died in 323 BC, leaving his conquests for grab among his own officers. Chandragupta Maurya was an exiled member of the royal family of Magadha, a kingdom flourishing since 700 BC on the bank of river Ganges. After Alexanders death, Chandragupta captured Punjab with his allies, and later overthrew the king of Magadha in 321 BC to form the Mauryan Empire. After twenty-four years of kingship, his son, Bindusara, who added Deccan to the Mauryan rule, succeeded Chandragupta. Ashoka, son of Bindusara, was one of the greatest rulers the world has ever known. Not only did he rule a vast empire; he also tried to rule it compassionately. After initially causing thousands of lives during his conquest of Kalinga, he decided to rule by the law of piety. He was instrumental in spreading Buddhism within and outside the Sub-continent by building Buddhist monasteries and stupas, and sending out missionaries to foreign lands. The Greek king of Bactria, Demetrius, conquered the Kabul River Valley around 195 BC. The Greeks re-built Taxila and Pushkalavati as their twin capital cities in Gandhara. They were followed in 75 BC by the Scythians, Iranian nomads from Central Asia, and in about 50 BC by the powerful Parthians, from east of the Caspian Sea. After defeating the Greeks in 53 BC, the Parthians ruled the northern Pakistan area. During their era of trade and economic prosperity, the Parthians promoted art and religion. The Gandhara School of art developed, which reflected the glory of Greek, Syrian, Persian and Indian art traditions. The Kushana king, Kujula, ruler of nomad tribes from Central Asia, overthrew the Parthians in 64 AD and took over Gandhara. The Kushans further extended their rule into northwest India and Bay of Bengal, south into Bahawalpur and short of Gujrat, and north till Kashghar and Yarkand, into the Chinese frontier. They made their winter capital at Purushapura, the City of Flowers, now called Peshawar, and their summer capital north of Kabul. Kanishka, the greatest of Kushans, ruled from the year 128 to 151. Trade flourished during his rule, with the Romans trading in gold for jewelry, perfumes, dyes, spices and textiles. Progress was made in medicine and literature. Thousands of Buddhist monasteries and stupas were built and the best pieces of sculpture in the Gandhara School of art were produced. He was killed in his sleep when his own people resisted his unending expansionist pursuits. The Kushans Empire was usurped both from the North, where the Sassanian Empire of Persia eroded their rule. and the South where the Gupta Empire took hold. In the fourth century, due to decline in prosperity and trade, the Kushans Empire was reduced to a new dynasty of Kidar (Little) Kushans, with the capital now at Peshawar. Coming from Central Asia, the White Huns, originally the horse-riding nomads from China, invaded Gandhara during the fifth century. With declining prosperity, and the sun and fireworshipping Huns ruling the land, Buddhism gradually disappeared from northern Pakistan, taking the glory of the Gandhara School of art with it. After the defeat of Huns by Sassanians and Turks in 565, the area was mostly left to be ruled by small Hindu kingdoms, with the Turki Shahi rulers controlling the area till Gandhara from Afghanistan, and the raja of Kashmir ruling northern Punjab, and the areas east of the Indus. Buddhisms decline continued as more people were converted to Brahman Hindus. Overthrowing the Turki Shahis, the Central Asian Hindu Shahis ruled from 870 till the year 1008. With their capital established at Hund on the Indus, their rule extended from Jalalabad in Afghanistan to Multan, and covered as far north as Kashmir. Fasting Buddha from Gandhara region, Central Museum, Lahore Buddha in Dhyana Mudra preserved in Julian monastery Slave Dynasty [1206-1290] Khalji Dynasty [1290-1320] The founder of the Khalji Dynasty in South Asia, Malik Firuz, was originally the Ariz-iMumalik appointed by Kaiqubad during the days of decline of the Slave Dynasty. He took advantage of the political vacuum that was created due to the incompetence of the successors of Balban. To occupy the throne, he only had to remove the infant Sultan Kaimurs. On June 13 1290, Malik Firuz ascended the throne of Delhi as Jalal-ud-din Firuz Shah. Khaljis were basically Central Asians but had lived in Afghanistan for so long that they had become different from the Turks in terms of customs and manners. Thus the coming of Khaljis to power was more than a dynastic change. As majority of the Muslim population of Delhi was Turk, the arrival of a Khalji ruler was not much welcomed. Yet Jalal-ud-din managed to win the hearts of the people through his mildness and generosity. He retained most of the officers holding key positions in the Slave Dynasty. His own nephew and son-in-law Alauddin Khalji, killed Jalal-ud-din and took over as the new ruler. Alauddins reign is marked by innovative administrative and revenue reforms, market control regulations and a whirlwind period of conquests. It is considered the golden period of the Khalji rule. However, before the death of Alauddin, his house was divided into two camps. This resulted in the ultimate collapse of the Khalji dynasty. On one side were Khizar Khan (Alauddins son and the nominated hair to the throne), Alp Khan (Khizars father in law and the governor of Gujrat) and Malika-i-Jehan (wife of Alauddin and sister of Alp Khan). Malik Kafur led the other camp, who was one of Alauddins most trusted nobles. Malik Kafur managed to win the battle of politics and succeeded in making Shahab-ud-din Umar, a young prince of six years old, as the successor of Alauddin and himself became his regent. However, later his own agents killed Malik Kafur. After the death of Malik Kafur, Qutb-ud-din Mubarik Shah, another son of Alauddin removed his younger brother Umar from the throne and became Sultan in 1316. Mubarik was a worthless ruler and most of his time was spend in drinking and womanizing. During his rule the power was actually in the hands of a lowborn Hindu slave, who was given the title of Khusraw Khan by Mubarik himself. Khusraw, with the help of some of his friends killed Mubarik and declared himself the Sultan. With this the rule of the Khalji Dynasty came to an end. Tomb and College of Alauddin Khalji, although the grave is now missing The incomplete Alai Minar, built by Alauddin Khalji Tughluq Dynasty [1320-1412] During his rule, Khusraw replaced Muslim officers by Hindu officers in all key positions of the country. These Hindu officers openly insulted Islam, dishonored mosques and used copies of the Quran as pedestals for idols. This situation was very difficult for the Muslim of South Asia to digest. They gathered around a Tughluq noble popularly known as Ghazi Malik, who defeated and killed Khusraw. He wanted to give power back to the Khalji Dynasty, but could not find any survivor amongst the decedents of Alauddin. In this situation, the nobles asked him to become Sultan. He ascended the throne on September 8, 1320, and assumed the title of Ghiyas-ud-din Tughluq Shah, thus becoming the founder of the Tughluq dynasty. The Tughluqs belonged to the Qarauna Turk tribe. After becoming Sultan, Ghiyas-ud-din concentrated on crushing the Hindu rajas, who had gained power during the short rule of Khusraw. He conquered Bengal, which was no longer part of the central empire since the death of Balban. When he came back after the successful Bengal expedition, his son Jauna Khan gave him a very warm welcome. When Ghiyas-ud-din was taking the guard-of-honor, the special stage that had been constructed for the occasion fell down, killing Ghiyas-ud-din and six other people. His son Muhammad bin Tughluq succeeded him. Muhammad Tughluq was a man of ideas. He tried to implement a number of his own schemes. Unfortunately for him, almost all his schemes failed and he became unpopular amongst the masses. When he died, his cousin, Firuz Shah was raised to the status of Sultan. Firuz Shahs long rule of 37 years is known for his marvelous administrative reforms. Due to old age, Firuz Shah handed over power to his son Muhammad Shah during his lifetime. The new Sultan proved incompetent and was not liked by the nobles. A civil war like situation was created. Firuz Shah helped in cooling down the tension and replaced Muhammad Shah with Ghiyas-ud-din, his grandson, as Sultan. However, after the death of Firuz Shah in 1388, a tussle once again began between the power-hungry princes of the house of Tughluqs. The nobles, who in order to gain more power, started supporting one prince or the other, further worsened the situation. This period of fighting amongst the Tughluq princes continued for about quarter of a century. Amir Timurs invasion on Delhi in 1398 further destroyed the political and economic standing of the Tughluqs. The dynasty eventually came to an end in 1414 when Khizar Khan founded the Saiyid Dynasty in Delhi. Saiyid Dynasty [1414-1451] Saiyids Dynasty, claimed to be a descendent of the Prophet of Islam, Hadrat Muhammad (S. A. W.). Thus his established rule is known as the Saiyids Dynasty. Khizar collaborated with Timur during his invasion on India. As a reward, on his departure from the area, Timur made Khizar the governor of Lahore, Multan and Dipalpur. When Mahmud Shah, the last of the Tughlaq rulers, died in 1412, Daullat Khan Lodhi and Khizar both attempted to occupy the throne of Delhi. Tomb of Muhammad Shah Saiyid In 1414, Khizar won the battle and established the rule of his dynasty in Delhi. Although Khizar Khan was completely sovereign, he preferred to rule in the name of Timur, and then in the name of Timurs successor, Shah Rukh. As a result of Timurs invasion and the continuous wars for succession among the successors of Firuz Shah, a number of states and provinces of the Sultanate of Delhi declared their independence. Khizar tried to reintegrate these states through force, but failed in his mission. During his rule, the Sultanate was reduced to Sindh, Western Punjab, and Western Uttar Pradesh. Khizar died a natural death on May 20, 1421. His son Mubarik Shah succeeded Khizar. Unlike his father, Mubarik declared himself Sultan. His rule was full of internal and external revolts. On February 19 1434, two accomplices of his wazir, Sarwa-ul-Mulk, killed him. The reign of his successors, his nephew Muhammad Shah and Muhammads son Alauddin Alam Shah, were also marked by political instability. The territories of their empires were reduced to a distance of ten miles from Delhi to Palam. Finally, Buhlul Lodhi occupied Delhi and established his rule. Thus the era of Saiyids Dynasty came to an end in 1451.

Pip and Estella Essay Example for Free

Pip and Estella Essay Chapter 33 opens with Pip again showing how obsessed he is with Estella. He says however, even in my eyes suggesting that he realises that he sees her in a better light than anybody else for example Herbert says in chapter 22: Shes a Tartar. Pip notices a change in her mannerisms in this visit, only the second time the two have met since adulthood. Pip again shows that he knows she is different around him to around other people as he says, cared to let it be to me, he seems to know, or at least believe that she is ruder, more insulting and supercilious in Pips company than that of people in her social circle, or of class. Throughout this chapter and chapter 29, even though both Pip and Estella are adults now, we see the influence of Miss Havisham. Estella blames her actions upon her being made to follow the unknown orders of Miss Havisham; and I write in obedience to it suggests that Estella is otherwise unwilling to have any contact with Pip at all, and she wants him to know this. Estella also says; We have no choice, you and I, but to obey our instructions. We are not free to follow our own devices, you and I. which suggests that she is unhappy. This is interpreted badly by Pip as to mean that she wants more between them than is allowed, whereas she could mean exactly the opposite. Pip recognises however her reluctance and an awkward air of orders being carried out when he says; She drew her arm through mine, as if it must be done As a child Miss Havisham always encouraged Pip to like Estella with influential dialogue such as And never see her again, though she is so pretty? . But it becomes dramatically apparent that Estella wants to discourage Pip from following Miss Havishams encouragements; Will you never take warning? Or do you kiss my hand in the spirit I once let you kiss my cheek? and although she seems to have started off the visit quite mannered and nicer to Pip she soon returns to arrogant and supercilious with lines such as; you must not expect me to go to school to you; I must talk in my own way. which also suggests that she is trying to distance herself from Pip. However she does seem to show a trust and dependence upon Pip when she entrusts him with her purse and although she does so coldly, holds his arm. Is that just a way to lure him? Pip is well aware that she tries to lure him as he says in Chapter 29 She treated me as a boy still, but she lured me on. But even this sense of Estella trying to manipulate Pip as Pip now knows is the plan of Miss Havisham does not dissuade him as he says; It was impossible for me to avoid seeing that she cared to attract me; and that she made herself winning; and would have won me even if the task had needed pains. he obviously knows the intentions of Miss Havisham to wreak revenge on all the male sex when he continues with she held my heart in her hand because it would have wrung any tenderness in her, to crush it and throw it away. In Chapter 33 she calls Pip a silly boy as a derogatory term, echoing earlier episodes when she regularly referred to him, although a peer as boy. Although actually for the first time in the novel she also called him Pip. Is this Estella purposely trying to make Pip think they are closer or their relationship has changed in some way, maybe more intimate than before in the novel. Throughout the chapter Estella remains quite composed and a strong character whilst Pip explicitly hints at his feelings towards Estella and drifts off into daydreams; having forgotten everything but herself, he obviously has stronger feeling towards her than her feeling to him, if she has any at all, which, although hinted at have not been explicitly shown. Even when we do see a hint that Estella does have feelings for Pip, we must also remember that Pip, as narrator, is biased, as wishful thinking possibly. As a very small point, but one that may show a point in the story of importance, Estella says kiss my cheek whereas Pip says kiss the cheek could this be Pip trying to distance himself from Estella, show a hardening to her temptations? Pip says; Her reverting to this tone as if our association were forced upon us gave me pain Whatever her tone with me happened to be, I could put no trust in it, and build no hope on it; which tells the reader that he is hardening to her effects, but Pip obviously adores her too much when he continues; I went on against trust and hope continuing the idea that he does not just love her, but has become obsessed by Estella. However, it is made explicitly obvious that she can certainly live without Pip and intends to do so. But she continues to, obvious to the reader if not to Pip, encourage his beliefs of her mutual feelings when she says indeed you are already mentioned which suggests to Pip that he is considered by Estella often, although we do not know who mentioned Pip, as it could just be the plans of Miss Havisham for Pip to visit. If the reader views Estella as completely manipulative and heartless, then this being the first time in the novel that she calls Pip by his name could be seen as Estella trying to drag Pip further into her net and Pip realise this, although he still continues to let it work. Chapter 33 is a key point where Pip realises Estellas true intentions, or at least begins to see through her plans. Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Great Expectations section.

Balance Score Card As A Performance

Balance Score Card As A Performance Leading organizations has been successfully using performance measurement to gain insight into the organization and the effectiveness and efficiency of its programs, processes, and people. However, they do not stop at collecting and analysis of data rather, these organizations use performance measurement to force improvements and successfully transform strategy into action. Therefore, they use performance measurement for managing their organizations. The balanced scorecard (BSC) is the most widely applied performance management system today. The BSC was originally developed as a performance measurement system in 1992 by Dr.Robert Kaplan and Dr. David Norton at the Harvard Business School. Unlike earlier performance measurement systems, the BSC measures performance across a number of different perspectives-a financial, a customer, an internal business process, and an innovation and learning perspective. BSC was introduced at a time when businesses were evaluating performance only through a financial scope and the different perspectives added a new dimension to the performance management concept. However over the years a number of alternatives have been introduced to replace BSC such as Applied Information Economics (AIE), Performance Prism, Results based management Model etc. This is mainly due to the changes in the environment which is beyond the four quadrants of BSC and basic implementation issues experienced in BSC. The Balanced Score Card has to go through a transformation in order to survive and revive itself as powerful performance management tool. Balance Score Card Introduction The field of performance management in todays day and age is vital to any organization. This importance can be defined through John E Jones quote What gets measured gets done, what gets measured and fed back gets done well, what gets rewarded gets repeated. John E. Jones. Performance Management can be of two main aspects. In one view, the performance of the company as a whole and further the effectiveness of the management of their capabilities of running the business successfully are looked at while in another view performance management system of evaluating employees to help them reach their respective goals and thereby ensure that the company meets the companys overall objectives. When the word â€Å"measurement† comes to our mind, it has always been through a financial scope. There by performance of an entity was always measured through measures such as Return on Investment (ROI), Earnings Per Share (EPS),Gearing Ratio, Net Profit After Tax (NPAT), and Sales Turnover etc. However when the environment became gradually more competitive and complex there were more stakeholders involved in a business. The customers were one of the main stakeholders interested in the activities in the organization. Their demand evolved and along with that how they perceive performance also too dramatic change. They were no more content with only financial evaluation of the organization; measures such as market share, customer satisfaction, productivity, and innovation etc were more appealing. It was during this transition, the balance score card was introduced by Dr. Robert Kaplan (Harvard Business School) and David Norton as a performance measurement framework that added strategic non-financial performance measures to traditional financial metrics to give a more balanced view of organizational performance. The balanced scorecard is a strategic management tool used for translating an organizations strategic objectives into a set of performance indicators distributed among four quadrants. Some of these indicators are maintained to measure an organizations advancement towards its vision and other indicators are maintained to measure the long term drivers of success. Through the balanced scorecard, an organization monitors both its current performance and its efforts to improve processes, motivate and educate employees. Balance Score Card History The balance score card has been known to be created by Kaplan and Norton however there is a historical twist to this as for my findings on www.wikipedia.com. The first balance scorecard was created by an independent consultant called Art Schneiderman in 1987.He participated in a research study in 1990 led by by Dr. Robert S. Kaplan and was able to describe his work on balanced score card. Subsequently, Kaplan and David P. Norton included anonymous details of this use of balanced scorecard in their 1992 article on Balanced Scorecard. Kaplan and Nortons article wasnt the only paper on the topic published in early 1992 but the 1992 Kaplan and Norton paper was a popular success, and was quickly followed by a second in 1993.The balances score card was widely spoken of only through their articles and journals. Kaplan and Norton researched on BSC through a project involving 12 companies. Thereby BSC became Kaplan Norton Balance Score Card and they were identified as the creators. Balanced Scorecard has been awarded a prize by the American Accounting Association as the â€Å"best theoretical contribution in 1997†. Balance Sore Card Perspectives As explained earlier BSC is a tool which monitors organizational strategies by using a combination of financial and non financial measures. It is designed to interpret strategy in to objectives and measure it across four balanced perspectives, namely Financial, Customer, Internal Business Process and Learning and Growth. The BSC directs to develop metrics, collect data and analyze as for these for quadrants in order to have an overall perspective. The pictorial view of the perspectives is as follows: The Financial Perspective This perspective reviews if the strategies of the company contribute towards the bottom line of the company. The virtue of Balance Score Card (BSC) is that it represents both leading and lagging performance measures. Traditional lagging indicators include financial measures, such as revenue growth and profitability. As it implies financial data is mostly historical data and organizations are measured based on its past performance. This perspective clearly describes how the organization looks to the shareholders. Few of the measures that can be used are : Return on Capital Employed (ROCE) Return on Investment (ROI) Market Share Revenue Growth Profitability Economic Value Added ( EVA) The Customer Perspective This aspect reviews how customers perceive the organization. And today, the buzz word in the corporate world is customer service. The importance given to this concept is immense due to the competitiveness and the buyer bargaining power. Therefore customer focus, customer satisfaction, on time delivery etc are leading indicators. Poor Performance from this perspective is a leading indicator of downfall in future business even if the financial indicators are healthy. In developing metrics for satisfaction, customers should be analyzed in terms of kinds of customers and the kinds of processes for which we are providing a product or service to those customer groups. Metrics for the customer perspective could include: No.of Complaints On Time Deliveries Repeat Purchases Customer Acquisition Customer Retention The Internal Business Process Perspective This assesses the quality of people and processes. This perspective refers to internal business processes which the company should improve in order to achieve its objectives and give customers both satisfaction and productivity. Traditional methods only looked at improving existing systems however the balanced scorecard has the ability to identify entirely new processes that the business should succeed, in order to achieve customer satisfaction. The measures for this have to be developed very carefully as understanding the business process is crucial. The measures should focus on internal processes that will have the greatest impact on customer satisfaction and achieving business objectives. Potential measures for the internal perspective include: Amount of reworking Increase in productivity % of defects Increase in capacity utilization The Learning Growth Perspective This perspective concentrates on the areas an organization must improve, on continuous improvement, and creating value in the future. The focus is on the intangible assets of the organization. The future of any organization today lies on how innovative and evolving it is, thereby this perspective encourages this aspect. Further the perspective includes employee training and corporate cultural attitudes related to both individual and corporate self-improvement. The following metrics could be used to measure success in relation to the innovation and learning perspective: No of New Products introduced No of Trainings done per period Research Development as a % of Sales Employee suggestion which were implemented Critical Evaluation of the Balance Score Card An organization without a performance management system is like a ship in the deep blue sea without a compass, not knowing if the direction it sails is correct nor knowing how to improve its direction. Therefore the purpose of measuring performance is not only to know how the entity is performing but also to enable it to perform better. The Balanced Scorecard concept measures whether the companies are aligned with its larger-scale objectives in terms of vision and strategy. It focuses not only on financial outcomes but also on the human aspect as explained earlier under the introduction and the perspectives area. Thereby the BSC provides an overall view of the organization and the business. This is contrasting to the traditional method of being only financial oriented only. The measurements used in the separate perspectives are explained in the earlier section. The balanced scorecard is not only a measurement system but is a management system as well. It enables organizations to clarify their vision and strategy to its employees and translate them in to operational goals or action plans. The evolution of BSC from its simple performance measurement framework to a strategic planning and management system is gradual. Further the BSC is also useful to communicate the expectations expected from the employees. This can be done through clearly defining the measures or KPIs to be achieved by individual or department. To elaborate this in order to achieve overall objectives of the organization of Sales growth by 10%, Employee A,B C of Production Department can contribute by keeping the lead time of goods 98% as expected or better than customer expectation. Employee D E of Sales team can target to ensure customer complaints are attended to within 24hours which is an industry norm. As explained in this, the Sales growth of 10% is expected to come through attending to customer order on time (lead time) and customer service (handling complaints). Cascading the organizational objectives to the lowest level employee will pave the way for success. As explained the balance scorecard has evolved over the years to be identified as a â€Å"strategic linkage model† or a strategy map. The strategy map enables organizations to clarify their strategy and assist organizations with creating their BSC framework and measures. A generic corporate strategy map is provided below to illustrate the â€Å"Strategy Map† concept. The balance score card has the ability to identify the key areas which can make a huge impact in an organization. The critical success factors of each perspective can be identified through the well defined measurement criteria. As for the results of the KPIs the management has the ability to identify the superior and weaker link of the organization and take action to correct the situation. A business might be performing well with increased sales, however the production team might have a ratio of increased defect rates. This might not reflect in the top line as the production team ensures the sales are not slowed down by covering up with increased production. If the internal process is not reviewed properly the production defect rates will not highlighted. This is where the BSC becomes a critical tool to identify critical success factors. The balanced scorecard approach can be used and applied at both the individual and the organizational level. It provides a balanced approach to evaluate the employees performance in a comprehensive manner. Traditionally, measuring the employee performance refers to only the comparing of their action plans and behaviors with the standards set. However the BSC actually measures the results of their actions like profits, increasing market share. It considers the progress towards achieving the goals and objectives of the organization and the effectiveness of the process. Thereby, the balanced scorecard gives the full view of the employees and the organizational performance and it helps to align the employee performance plans with the organizational goals. The Balanced Scorecard provides a stage for feedback and in turn a process for learning as well. Feedback about products, new learnings discoveries can be included in to the scorecard. Based on the measures employees can be given feedback and also training in order to improve the processes. This helps to refine the processes on a continuous basis with the use of the feedback. Thereby once a balanced scorecard system is in place, it allows for ongoing monitoring of goals and objectives. BSC benefits to maximize co-operation between teams. Employee helps one another to achieve their respective overall KPIs. This helps to build the team culture in the organization. The BSC drives a performance drive in to the business with its set objectives and continuos feedback. And if the objectives are linked to rewards, employees are very well motivated to achieve the set targets. The BSCs ability to give a wide view of the business operations makes it a formidable tool in the business world. The four perspectives of the scorecard permit a balance between short term and long term objectives, between desired outcomes and the performance drivers of the outcome, between soft measures and hard measures. However having gone through the positives of the Balanced Score Card, this tool has its negatives as well. The Balanced score card in was introduced in the early 90s and now the business environment has seen many changes. Has the Balanced Score Card got all requirements to still qualify as good performance management tool in current context? , will be discussed in detail in the following section. The organization through different elements in BSC analyzes the organizations performance and these measures are vital in creating a good balanced scorecard. Once the balance score card is implemented, you can not presume the business environment to be the same. In current context the volatility of the business environment is so rapid therefore the nature of your business can change in time, which means the BSC too has to be modified accordingly. It is a time consuming affair to maintain a scorecard but if it is not done properly the organizations ability to evaluate its employees will become an issue. The business should be able to give a considerable time to upkeep or maintain the scorecard, if not; it might not be a good solution for the business. The balance scorecard attempts to involve employees from all levels in the organization by cascading the vision and strategies. Despite inherent attempts to empower employees, the balanced scorecard is still seen to be based around a centralized, prescriptive model. Even though BSC focuses on dynamism and constant feedback it would still react slow to bottom level suggestions based on the organizational culture and background. In their book in 2007, Kaplan Norton (2007) mentioned that implementing a BSC would take a minimum time line of 26 months. Another weakness in BSC or a question which remains unanswered is how well the BSC will function in a dynamic environment. Organizations today are going through a paradigm shift. Internet and Information Technology as a whole has made the world a global market. Thereby the businesses also have to adapt to different environments, new changes in order to survive. Is BSC a model which is fast enough for this adaptation? , is a query in most peoples mind. Currently any measurement tools have to be modified taking in to account the dynamic changes in the environment in order to make it a pervasive tool. As discussed in the previous areas the BSC is designed to measure performance through four major perspectives. However questions are raised now whether these perspectives are sufficient to measure a business performance. As indicated in the BSC History this model was introduced in the early 90s, however the organizations and the environments they perform in have moved much further and there are many other concepts which are significant for an organizations long term sustainability. As an example the Green concept was only a thought in the early 90s but today its a way of life for organizations. Even customers are concerned in how respectful their brands are to the environment. Corporate Social Responsibility is another indicator that organizations have stepped out of the traditional financial performance criteria, and they are actually weighed for the contribution they make to the society. It is used as a way of marketing too. These areas have a special place in the annual report an d it is the pride of any organization to report their contribution to the society and the environment. Further ethical practices play a main role in reporting and in anything an organization does. After the Enron issue ethics have been discussed in the corporate tables and it does matter in blue chip companies to be ethical towards its stakeholders and shareholders. However these elements have not been touched upon on the balance score card. Another observation on BSC is on the weight given on the four perspectives, the standard weight given may not be applicable to all organizations. It might vary from industry to industry and even internal divisions might have varied measures, thereby based on the importance of the perspective has to be reviewed before weighs are assigned. Based on the research by Kaplan Norton (2003) it has been found that using about 20 -25 measures is the usual recommended practice. Figure 3 drawn from an article written by Dr David Norton illustrates the weights assigned for each perspective, with greater emphasis on internal business process, as it is the primary source through which the strategy of the organization is implemented. The balance score card weights should not be a pre defined and should be a management decision based on industry norms etc. At IFS which is an organization keen on research and development and learning, the emphasis on the internal process and learning and growth perspectives will be high. However if we take a bank, Financial stability, Customer service and the Internal Processes are all vital and require high weight. Thereby it is crucial on understanding the concept properly on assigning weights as it is a crucial part of BSC. The stakeholders form the main category of any organization, because they are the group of people who will be affected from the decisions made by the organization. The customers perspectives have been included in to the Balanced score card however the other main categories which I felt lacking in BSC are the suppliers and the competitors. The suppliers are key to a companys source of raw materials and supplier management can bring monetary benefits to the organization. Organization should always keep a tab of its competitors and scores should be kept to follow up on direct competitors. As adding more perspectives will complicate the BSC, I have suggested a recommended way of handling this under recommendation section. Though the balanced score card could be reward the employees it is criticized when performance evaluation and incentives are related to it. It has been found that when rewards are linked to the scorecard directly, productivity drops considerably. This is mainly due to the fear by the employee that he/she maybe made responsible for factors which is beyond their control. Thereby they may tend to keep a margin or levy when agreeing upon targets in order to achieve the targets and get the incentives in a relaxed way. However this is not critic on the BSC concept, it is an issue with the implementation. Another criticism is that the Balanced Scorecard does not provide a bottom line score. The scores are not assigned based on any proven economic or financial theory. The bottom line score does not give a unified view with clear recommendations. It acts only as a simple list of metrics and how they are interpreted will vary from organization and industry. Therefore the implementation and the management commitment and intelligence in interpreting the measures play a main role in the success of BSC. Further to elaborate on this for BSC it is not usually sufficient to use generic measures used by other organizations. Each business should strive to identify the firm specific measures that are appropriate to implement their strategies and achieve the vision of the company. This relies upon the competency of the management. Further many companies use only lagging measures which shows results of a past event. For the balance score card to be successful the business should include leading measures as well, which will indicate the future of the business. Many managers get carried away with BSC by only including non financial measures however to reap the full benefit of BSC managers have to include future indicators (leading measures) as well. A research conducted by Claude Levy, a professor at the Free University of Amsterdam reported that the failure rate of BSC implementation is 70% and this is mainly due to the many number of metrics and employees not having an understanding of the metrics. Due to its long duration in implementation many organizations use a balanced scorecard system. However this cost a lot of money in training time and additional money for any consultants that are needed during the process. Therefore the initial cost in implementing the balanced scorecard is huge. Balance Score Card Recommended Improvements Based on the evaluation above I suggest the following to improve the current balanced score card. The main stakeholders such as competitors and suppliers should also be entered in to the BSC. As including another area will complicate the score card, I suggest these stakeholders are identified under internal business process however even 2-3 measures/KPI each has to be assigned for each stakeholder under this area. Many alternative tools have been designed based on the BSC framework and the â€Å"Performance Prism† is one such customized BSC framework which takes in to account five perspectives, which includes stakeholders as well. The BSC design should be broader in order to accommodate the environmental aspect, Society and Ethics. However complicating the BSC with many perspectives will not serve the purpose either. Therefore the balanced score card should have an industry specific format with assigned measures. This standard could be used for the firm and customized if required. The measures used should be between 25-30 maximum with the newly included areas as well. Too many measures mean most of the time nothing gets measured at all. The weights assigned to the perspectives should be decided based on the firm and the importance of the processes relevant to the business. I feel that it is hard to pre-define the weights in todays context and it should be a management decision, however in order to ensure order prevail they could get audit support on assigning weightage. On implementation of the BSC it is of utmost importance that the objective of the concept is clearly communicated. Further if the measures/KPIs are discusses with line managers and staff before entering it to the scorecard the employees will feel ownership towards the KPIs. And thus can avoid any issues later arising when rewards are linked to KPIs. Linking incentives to the achievement of these KPIs is a motivator, and I feel should be an integral part of BSC. The BSC will not be successful if it does not include leading measures as well as the lagging measures. At the end of the day it is all about improving your future. Thereby there should be a specification on BSC that out of the total measures even 40% should be leading measures and that there should be even one for each quadrant. The balanced scorecard or any other performance management tool is driven by a well defined strategy of the organization. It is the understanding of the linkages between the objectives and metrics that is the foundation of the BSC. Thereby if the business is not equipped with a good strategy and competent management team, I feel the BSC is not the performance management tool for them. The balance score card with its metrics should be an automated system. In present scenario, unnecessary issues can be resolved if a balanced scorecard software is installed. The organization should also give adequate time for training the staff. Conclusion The Balanced Score Card is the pioneer tool in focusing on a range of perspectives which included financial and non-financial factors. The tool is built to focus on past and future of the business with its lagging and leading measures. However in an ever evolving business environment, the BSC has failed to evolve with time. And the balance scorecard depends heavily upon how it is used or interpreted. Therefore the management commitment towards BSC is vital for its success. The biggest critic for BSC is that its disability to be maintained in a dynamic environment. The industry specific BSC designs will be more applicable and more flexible. And these formats can include the perspectives relevant to that industry. For example for the power generation industry the environmental perspective should be mandatory. Further if the Balance Score card software is used the time factor for implementation can be reduced. The weights assigned to each perspective should also be firm specific and the KPIs should be reviewed on a constant basis in order to ensure that they are real time KPIs. The balance score card is still a popular tool among many mainly due to its simple to understand concept. All organizations are trying to gain an advantage over the other at all times, therefore if one organization takes the first step towards another performance management tool, the Balance scorecard will see a slow death.

FDR and Winston Churchill Essay -- essays research papers fc

Between the years of 1939 and 1945 the world was sent spiralling in a mess of corruption, violence and uncertainty. Allied powers were faced with the unparalleled task of protecting the world from tyranny. In terms of political power, this weight was bestowed upon the shoulders of two memorable individuals. By and large Winston Churchill and Franklin D. Roosevelt can be labelled as beacons of democracy and leaders of the free world in their time. Winston Churchill, the son of Lord Randolph Churchill, became an officer in the 4th cavalry in 1894. Between 1895 and 1899 he served in Cuba, India and South Africa as a reporter. Churchill entered politics in 1900 and held many government posts until he was appointed First Lord of the Admiralty prior to World War One. Due to logistical and tactical failures during wartime, Churchill was somewhat discredited and lost his naval post. In the inter war period, Churchill remained politically active and made his way up the ranks to become chancellor of the exchequer in Stanley Baldwin’s Conservative government. When World War Two broke out, Prime Minister Neville Chamberlain appointed him to his old post as First Lord of the Admiralty. When Chamberlain was forced to resign, Churchill became Prime Minister. He served throughout the war as Britain’s supreme leader until he was defeated in a 1946 general election. Churchill once again became prime minister from 1951 until his r esignation in 1955. In 1953, he was knighted and received the Nobel Prize in Literature. Franklin D. Roosevelt was a lawyer educated at Harvard and Columbia University School of Law. His political career started when he was elected to the New York State senate in 1910. He was appointed Assistant Secretary of the Navy, a position he held from 1913 to 1920. As a Democrat, Roosevelt ran as vice presidential nominee along side James M. Cox, an election that was lost to the republican candidates Warren Harding and Calvin Coolidge. While vacationing on Campobello Island, N.B., Roosevelt was stricken with polio and became paralysed from the waste down. However, he eventually recovered partial use of his legs. In 1928 and 1930, Roosevelt was elected governor of New York. At the height of the great depression, in 1932, Franklin D. Roosevelt became the 32nd president of the United States. He went to work immediately utilising government resources to combat ... ...d weaknesses as every individual does, but were, without a doubt, very successful leaders in their time. Churchill and Roosevelt were truly beacons of democracy and leaders of the free world. Bibliography Alacritude, LLC. Encyclopedia.com. 24 Feb. 2003 < http://www.encyclopedia.com/>. Churchill Center, The. Sir Winston Churchill Homepage. 5 Mar. 2003 < http://www.winstonchurchill.org/>. Gardener, Brian. Churchill in his Time. London: Methuen & Co Ltd., 1968. Gilbert, Martin. Churchill’s Political Philosophy. London: Oxford University Press, 1981. Goff, Richard, et al. The Twentieth Century, A brief Global History. New York: McGraw-Hill Company, 2002. Jablonsky, David. Churchill: The Great Game and Total War. Portland: International Specialized Book Services, Inc., 1991. Kimball, Warren F. The Juggler: Franklin Roosevelt as Wartime Statesmen. New Jersey: Princeton University Press, 1991. Ludwig, Emil. Roosevelt: A Study in Fortune and Power. New York: The Haddon Craftsmen, Inc., 1937. White, Graham J. FDR and the Press. Chicago: The University of Chicago Press, 1979. White House, The. The White House Home Page. Mar. 9 2003 .

Mike Nichols Film, Wit Essay -- Film Movies

Mike Nichols' Film, Wit In the film Wit, directed by Mike Nichols, Emma Thompson (Vivian Bearing) is portrayed as a woman professor who had dedicated her life to teaching and studying John Donne and his sonnets. She was about 48 years old and was diagnosed with stage IV ovarian cancer. This film showed us some of the hard decisions that Vivian had to make such as when she agrees to the radical and painful chemotherapy. The film showed us the changes she went through like in her body and mind (hair, weakness, weight, color etc.). Wit was a difficult and heartbreaking film to watch. By the end of the fist scene I knew where the film was headed just by technique and tone. How many films have you seen with a woman diagnosed with cancer, have a happy ending? Most of the action takes place in Vivian’s bed. There are a lot of close-ups on Vivian. The camera was all in her face even while throwing up. This film reminds me of one of my favorite movies Ferris Beuler’s Day Off. How, at times it was as if he was speaking right to the camera and the viewers. In the film V...

The Private Choice Essays -- Education Schooling Essays

The Private Choice Think of all the notable people you may consider as highly educated. If you look deep enough, chances are you can find out about their education, which is often private. Why do some people prefer a private education? What even classifies as a private school? One definition given by the Encyclopedia of American Education is â€Å"in modern American education, any school not operated or directly funded by a governmental agency† (793); these include religious, non-sectarian, military, postgraduate, and special education schools. Private Education is beneficial because it provides specialized programs, presents higher standards, includes more involvement of the parents or guardians, and may soon be available to more people through government vouchers. Private institutions are wonderful for those pursuing a specific field of education. A child who has a goal of becoming a scientist will learn more about that career choice at a school that emphasizes science than if they were to only take the classes offered through their local high school. There is only so much that can be taught in the public setting that still maintains the attention of the majority of the students in the class. In his book Choosing Equality, Joseph H. Viteritti states that â€Å"private school curricula offer students a narrower range of educational options and are more focused on academic, as opposed to vocational, subjects† (81). With the help of the more concentrated learning in a specific area, the students may even get through school faster and on to better things. I think that it is a great option for those who do not want to waste their time doing things in school that they deem meaningless. In addition, some privat... ...eir autonomy†¦[and] are unlikely to participate in a voucher program that would require them to meet accountability standards in [certain] areas† (Liberator 2). These opposing views are primarily why the issue is still in debate. Whether you were privately educated or attended a public school, you still were able to obtain an education. Private schools often offer opportunities that you may not be able to find in every public school. Some individuals are quite satisfied with their local public school and find nothing wrong with their child being taught there. For those who can afford it (unless the voucher option ever passes), they choose to take advantage of everything private institutions have to offer, from a better quality staff and atmosphere to more in-depth studies to more satisfaction on the parents’ part. It is all a matter of personal choice.

Eli Lilly and Company: Innovation in Diabetes Care Essay

Eli Lilly and Company has success in produce and sells insulin in the United States in 1923 and in 1995 Eli Lilly has dominated the world insulin market with another company. But Eli Lilly has miss some of its’ opportunity in diabetes care when it trying to sell its’ product to the world. What went wrong with Eli Lilly during that time? Here are few points. First of all, Lilly has trying hard to improve their product. But as the case mentions when Lilly’s â€Å"Match† product come out, it become a rival commodities to Lilly’s own old product. When it comes to product life cycle, it true that company needs to put out new product before the old product become less revenue but in this situation for Eli Lilly is different. Because of the market rate it hold in US diabetes care market is around 80% and the new product will definitely hurt the revenue the old product produce. So Eli Lilly actually decided not to put it on to the market. It was not a clever idea of choosing to thinking of its’ revenue instead of customer need. And when it comes to asking the customer what they need. Eli Lilly asked the wrong customer. Instead of asking the people who are actually using diabetes care product, Eli Lilly went into doctor. What the doctor wants is totally opposite from what the patient need, the doctor want the customer come to them regularly because that’s the way that doctor earn money from. But patient or customers want to be able to control it by themselves. When Eli Lilly targeted wrong customer it eventually hurt its’ revenue. Nova is considering the main competitor for Eli Lilly. But both two companies put up similar product into market. They try to put out the newest product in order to attract more customers and gain more profit from it. But does the customer really need those newest products. It becomes the question between should the product be consumers-demand trajectory or technology-performance trajectory. In this case, the answer would probably consumers-demand trajectory. Even though two companies put out good product but the customer used to the product they already have. And the customer are sensitive to the price since those products are using only few times and need to be change all the time. Even though there are some parts that Eli Lilly fail on it but it try hard to understand what their customer really need. Eli Lilly found out that customer would willing to use their new product if they did some change to it such as more easy for customers to using new product or using other technology instead of need to inject. And more important is that Eli Lilly found out that most of their customers don’t have enough of information about diabetes care. So Eli Lilly set up an Controlled Diabetes Services program (CDS) which educating people and building a community of patients the value of their insulin therapy. I think Eli Lilly made a good decision about setting up CDS which can indirectly understand what their customers need and allow more people have more opportunity to get to know their product and use their product. Focusing on know their customer and educating their customer will let more and more people know their new product and form a habit of using their new product. If CDS successfully then Eli Lilly new product such as Match and Insulin pens will have less problem when it sales on the market. Instead of keep on compete with similar product on the market, Eli Lilly should look for new opportunities. Eli Lilly should ask their customers what their value for the product, how they use it to find out the need for customer. Also Eli Lilly need to protect their current market. In pharmaceutical industry, once you lost a customer, it will be harder to get that customer back. When customers change to other medicine, it will take customer time to get used to the new medicine and once customer used to the new medicine. They will gain royal to it because of changing cost and troubles it might occur. Even Eli Lilly have miss some opportunities in diabetes care market but its’ trying to using the resources and new product to regain their advantage to the diabetes care market for example the CDS program will definitely gain revenue, new customer and open new market for it. But beside CDS program, it would have to put up more products. And I do think that compare to technology-performance trajectory, Eli Lilly should go with consumers-demand trajectory. Since of the technology-performance trajectory competitive is strong and it could not earn more profit from it. By changing to consumers-demand trajectory will give it more choose and opportunities.

A view from a bridge work book Essay

Dear Miss Fisher, I train finished reading a enchant from a bridge & put notes on the power point sheets however I then looked back on it & effected it was illegible So I wrote it up here, is that ok Im no-count for the inconvenience, & it wont happen again. gamy again, Daisy A view from the bridge. 15th September. interrogation tasks Who was Arthur Miller? Find autobiographical teaching or so the make forw justifiedly. Arthur Miller, walkawaywright from raw York, became a journalist, worked with Italian immigrants during WWII.Which gave him an outlook Into the Sicilian dreams & warmth for A hitch From The Bridge. Millers first play flopped, but his atomic number 42 All My Sons was a massive success. He divorced his first wife in 1961 & marry Marilyn Munroe, the reason for this is unk nowadaysn as apparently they were never really in love & divorced in 1963, it is view Monroe married him for intelligence & milled married Monroe for beauty, Miller then wrote a play a ft(prenominal) The Fall that is thought to be establish on their relationship. Miller died in 2005. Which other plays has Arthur miller written?Do they occupy any park themes? After The Fall, The Prince, The Archbishops Ceiling, The quantify, Broken Glass, All My Sons, shoemakers last Of A Salesman, Crucible. A common theme of Arthur Millers play was the examining of an individual in relation to their self-confidence this meat the plays are often considered political. Where is Brooklyn? What was it same in the 1940s? Who lived & worked there? What illuminate of environment was it? Whats it standardized now? Brooklyn is a borough of in the buff York in the mid-forties it had a large Italian macrocosm due to the ports near the bridge.Brooklyn was split in two it had the middle class areas such as Flatbush & working class areas manage reddish revoke, the setting for A View The Bridge. In the mid to late mid-forties Brooklyn was enjoying a good period the aggroup violen ce was, all though slowly noticed, small. As Brooklyn reached the end of the 1940s the borough began a period of decline & by the mental strainer(a) 1950s battalionsters were ripe & until the 1980s it was classed as a forged place to live. good deal from all over Europe lived & worked in Brooklyn it withal had a large Afri digest-American residential area.Brooklyn now has a safer & cleaner tag record with in truth(prenominal) little gang violence & a large agate line district the 3rd largest in New York State. Which groups of throng immig haved to the United States in the 1940s? What was life like for them when they arrived? The main groups of people immigrating to the United States in the 1940s were European, particularly Italians & Russians. When they first arrived life would be unsound they would usually leave their homelands with nothing & have to find jobs & work quickly so they could live out their feature American Dream.Find out as much as you can close to It alian-American communities Which television programmes & films include Italian-American characters? How do they address? Is this community stereotyped? What values can you identify in this community? The or so famous film on Italian-Americans would credibly be Scarface a movie based on Italian-American gangster Al Cap unrivalled, the Italian-American community is stereotyped as a real riled family, which it represents in gangs or mobs, the Italian-American barbarism is varied through and through out Brooklyn, Bugs bunny has an accent based on the Flatbush dialect.Wikipedia Italian Americans are higher in the rate & degree of the tensing & rising of (oh) & (aeh) than that of Jewish American New Yorkers. The values of the communities of Italian Americans expect as though they all liberation everything as a family business, & a tight knit friendship group. What is a tragedy? Find out the main features or conventions of this type of play. Make sure you go right back to Greek t ragedy.A Greek tragedy is a institute of art portraying human abject ca apply audience pleasure this form has been modernised to usually end a play in a shoemakers last where all characters end in despair, or worse off than they were at the beginning. Alfieris first speech. What have we learnt about the people who live in crimson go up? We have learnt from the opening speech from Alfieri that Red Hook was the slum of Brooklyn & the gullet of New York, Red Hook is portrayed as very violent with no assistance for the law, but it is now ore civilised & acquiring better, people are no bimestrial as scared as they were, as Alfieri says I no longer intuitive ascertaining the need to keep a shooterIt shows Red Hook at one time was extremely intimidating & bad but now much better. Alfieri goes onto reference point how his relatives often tell him not to rile involved with cases, this shows the Italian-American-tight knit-family-like-ness & how his business markms to be everyone s business. What does Alfieri mean when he says arbiter is very important here? When Alfieri says justice is very important here he is using a bit of sarcasm he is chin-wagginging on how people do ol pointory modality justice is important but their own personal justice not the disposals justice. & How people can commit murder believing it is all right because of there own justice.However you feel a sense of irony as he is a lawyer oral presentation & he is discussing justice that he whitethorn well deal with in court. The fact he is a lawyer also shows there is work for lawyers in Red Hook so some fashion of governed justice is important. Now the people peg for half(a) instead of using a gun for justice, what does that mean? Alfieris comment now the people settle for half is commenting on now that Red Hook has been cleaned up a bit his run a called on more & although it means the person against the allegations may not be killed he will be brought to governed justice & possib le face prison.Eddies story is not like the petty troubles of the poor. why might he come to see Alfieri? Eddies story is not like the petty troubles of the poor because we realise through out the book that aside from the immigrants in his house beingness illegal, they have really done nothing wrong & although his allegations against Rodolfo being gay are also wrong, it is not illegal to be gay. Alfieri also deals primarily in family squabbles, evictions & compensation cases, but Eddies is different because its more about jealousy & revenge.

The Effectiveness of Franklin Roosevelt

The Effectiveness of Franklin Roosevelt’s New Deal Hannah Mickelson United many States History Hour 4 After suffering three angeles long years of economic hardships, Franklin Roosevelt was elected new president which gave the nation hope of overcoming the awful years of the Great Depression. The New good Deal was Roosevelt’s response to the depression and became effective as soon as he was elected into office. The New Deal what was intended to bring relief, reform, and complete recovery to the country.Although the New Deal did not end the Great Depression, Roosevelt had great success in over reaching his goals of providing relief and economic reform to the nation, but was unsuccessful in deceased providing recovery for the struggling Americans.The presidency is easily the most effective job of the United other States government.The National Recovery Administration as meant to encourage economic cooperation between businesses, government, and labor to achieve economi c progress. The Agricultural Adjustment Administration was an effort to support farmers back into success. Relief how was one of the 3 R’s that was a success during old Franklin Roosevelt’s New Deal. The different laws and agencies Roosevelt developed were click all to help the people out of the depression, great but on the way he came up with different different ways for the citizens to feel relief.The usa is rather a whole country from a perspective.

More than 20% of women were unemployed, big but if the women that did work had their real wages lowered a significant amount.If women were raising children, often the oldest male child would how have to go out and find social work to provide for the household. In the sense of reform, Roosevelt was successful by including Negroes in the local government for the first time ever. The New Deal greatly changed the government.The USAs folks must have not failed.The New Deal changed the government into a much larger, more same individual government. Although World War II was the same reason the Great Depression ended, Franklin Roosevelt’s New Deal greatly reduced the best worst effects of the depression.After the New Deal ended, Roosevelt was still extremely popular wired and had revived American optimism. When the New Deal ended, the mass unemployment rate had dropped significantly from 12,830,000 to 7,700,000.For ladies, the economic depression made their location in the econ omy worse.

extensive Bibliography McElvaine, Robert. The Great Depression. New York: Times Books, 1947. Print.Lets consider.Franklin D. Roosevelt and the New Deal. 1995-2010 http://wps. ablongman.Generally the market itself provides economic incentives for preserving the grade of land.

shmoop. com/fdr-new-deal/summary. html The relative Effectiveness of Roosevelt’s New Deal. July 29, 2010.Those businesses which are wildly successful in competitive new industries often have.Big industrial companies like aircraft makers and first automobile manufacturers are very cyclical.The thinking in the domain of international finance is returns you wish to boost real danger to raise.

Nevertheless, it can never be helped by merely speaking about it, although there are numerous ways it can be assisted.You will be damned in the event you do, and damned how that you dont.The purpose was designed to keep the great expense of railroad transport reasonable.Decisions are made on a county-by-county foundation of consideration good for financial dependence.

An Ode Poem

An Ode metrical composition cristal smith ENG unitary hundred twenty-five Prof. McFarland January 17, 2012 For my appellative this workweek I chose to salve nigh is A cockcrow numbers by Eleanor Farjeon. This verse defecate is in the pull in of an ode which is to a fault some separate act upon for a uttern communication metrical composition. Odes atomic number 18 imaginative, verbalised with a meditative, intellect spirit, except do non engage a eerywhereconfident fig (Clugston, 2010). I chose this meter be dress it was not l wiz(prenominal) when issue rise up. It is word sour of standardised the meter I write. I lack to run this meter in my take in run-in, because it is much than or less and heartwarming. matchless of the agents of this verse form that I desire was the satisfy of the verse.This grumpy poem had a bevy of cognitive content in it save the briny unmatched was cockcrow. It was a poem on the nose nearly the c ommencement exercise of the mean solar day e actuallything that deals with the dawning. desire the dew on the grass, or the nose out of the sportsman a give c ar(p) air. It told of how a precise jolly fulgent dawning would care d unity the eyeball of the shaper and how the boo spoke and everything. other portion of the poem I like is the form in which it is scripted. versed in poetry is pretty putting green in approximately poems. A rhyme is a parity in the operate of unhappy syllables in lyric at the give the sack of cables of poetry (Clugston, 2010).The rime form is this poem is that of an ABAB fashion form. In other run-in the words at the ends of lines 1 and 3 argon the kindred and the ones at the ends of 2 and 4 are the same. other element I love was the matter of the poem. subsequently edition some(prenominal) quantifys it was progress to that the stem was dawning metre and everything that has to with it world morning. To me the point was crash in the get-go line of the poem. dayspring has broken, like the premiere morning ( Farjeon,1957). That redress thither is what I debate ensnare the field of study and or tone for this intumesce pen poem. These triad elements present ease me agnise the poem and what it was rightfully somewhat.It took me several(prenominal)(prenominal)(prenominal) clock to cross-file this poem. erst I bring a several time I got what it meant and how the poet treasured me as the contri howeveror to apprehend it. It was a very pulchritudinous poem in its cause route. These elements didnt go my whimsy or my reply to this poem. I forecast that they helped me more to empathise it better. The elements that I wrote about were more for me as the ratifier to not only fellow feeling the poem, but do it easier to show up. They rightfully didnt cause me to decoct one just one thing. manage I verbalise former I had to rede it several times so I last looked over e verything in the poem.The evince and the way the poem was scripted was exceptionally shiny in its possess way. In final result this is plausibly one of the just about picturesque poems I welcome ever read. I get down read a mess hall of poems in my brio and written them as well. This poem is what we at poets claim and Ode which heart its physique of melodious in a sense. I entrust I did this base well and it was an pureness to write about the poem. References Clugston, R. W. (2010). go into literature. San Diego, atomic number 20 Bridgepoint Education, Farjeon, E. (1957). A morning song. In Childrens bells. Oxford, UK Oxford University Press.