Governance issues in a family business Essay Example | Topics and Well Written Essays - 750 words

Governance issues in a family business - Essay Example Conflicts can be avoided and resolved if arise because of good governance strategies that govern not only the business but also the family that runs that business. In this paper, I intend to describe a family business I learnt about on the internet and a governance issue related to it. Many small and medium sized family businesses are running in India today that contribute a great percentage of GDP to the country. But most businesses survive only until the third generation and very few pass on to the fourth generation because of generational conflicts and difference of opinions and perspectives between the elders and the youngsters of the coming generations. The family business I learnt about was the Ambani Family of the Reliance Industries Limited (RIL). It is â€Å"the largest private sector enterprise in India, a Fortune 500 company, and one of the largest private sector conglomerates in the world† (Shah). In this business, the family relationships once held very much impor tance in determining the business position of a family member. According to Reliance Industries Limited, Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. Common governance issues that normally arise in Indian family businesses include decision-making being centralized; proxy sons holding control; owner becoming larger than the business; and a lack of strategies. The Ambani family had power, wealth, and control. After the death of Dhirubhai Ambani, his sons Mukesh and Anil split up and the family business broke. The governance issue here was the fights and conflicts between the family members who ran the business. Neither the higher education al degrees nor the experience could save the family squabbles to occur. A dispute over the control of power was the main governance issue that resulted in the splitting of the business. The dispute began with conflicts over roles in July 2002 and continues till the current disagreement over the price of natural gas when the brothers started accusing each other drawing government ministers and other politicians into the battle. Ambani versus Ambani rivalry has made the two brothers lose a big US$1 billion project in a competition to win the Mumbai Trans Harbor Link, and fame of course. Governance issues like this one bring bad name to the organization and are the main cause of splitting up or failure of a business that was running smoothly and earning large profits before the dispute. What we can learn from this particular case is that the family members especially those who are so close to each other like brothers, should make certain family pacts and policies before starting the al liance so that they know what are their limits and what needs to be done in case of a conflict. The family members should most necessarily be able to keep their family relationships and the business relationships apart so that both do not coincide and result into a dispute that is aired by bad family relationships. It is very hard in family businesses for the partners to keep their otherwise relations apart from

Database Development and Management Term Paper Example | Topics and Well Written Essays - 3000 words

Database Development and Management - Term Paper Example The housing of the sales transactions of the departmental store requires the development of a well-designed database solution with potential business rules. A database solution needs to have retrieval section where data is easily found. The retrieval structure finds a particular piece of data in a more specific way with a quick and easy fetch of data within the database. Consistency provides reliable rules in database solution. The performance of the same search twice in a row of a good database solution gives the same results. A well-built database product ensures exact same query of data results plays an important role in a database solution. Additionally, the validity of data within a database solution relates to the ideas of consistency. Validity and consistency ensure different parts of database do not hold varied results of the same information. The validity of a database solution ensures that data incorporates within the possible pieces of data within the database (Davenport, 2013). Therefore, the validity of data within a database solution ensures that records are updated, created and deleted when need stands. The design of a database solution takes up the following structure  The database solution contains connectivity of relationships as shown in the key diagram above. The stores to the customers have a 1:1 relationship, the products to the stores have a 1: M relationship, suppliers to products have an M: N relationship, while products to product ID have a 0:1 relationship making a cross foot notation.

The supreme court does not have the power to execute its decisions and Essay

The supreme court does not have the power to execute its decisions and interpretations. how then, does the supreme court obtain compliance with its interpretations of the constitution - Essay Example We will also seek to understand the challenges with regard to such compliance. In United States (US), federal government is divided into three separate branches i.e. The Legislative branch governed under Article 1 of the Constitution, The Executive Branch governed under Article 2 of the Constitution and The Judicial Branch governed under Article 3 of the Constitution. As per Article 3, The Judicial Branch is headed by US Supreme court. Supreme Court has original jurisdiction in certain cases i.e. Issues involving Ambassadors, treaties by federal government and issues where two or more states are parties. Every state has its own Supreme Court as well and cases related to a particular state are dealt in the respective state’s Supreme Court. However, the US Supreme Court works as appellate court for such cases if there is a federal issue involved. Separation of power leads to the concept of check and balance. In US all the three branches of state not only facilitate each other in completing the desired goals under the constitution but also ensure check and balance over each other. Supreme Court does not derive its force through administrative means. The decisions of court are enforced through other branches of the system i.e. legislative and executive. So the compliance of court decisions is a matter of supremacy of Constitution. The Constitution safeguards balance among organs of state where one organ does not interfere with the rights and powers of other. On the other hand, the system of check and balance provides the court with powers to interpret constitution. The most important of them is Judicial Review. Political Backing and Continued nature of service of Supreme Court Judges also help the Court to enforce its writ. Judicial review is a process through which executive and legislative decision can be questioned by the judiciary and if they are found against the supreme law of the

Database Development and Management Term Paper Example | Topics and Well Written Essays - 3000 words

Database Development and Management - Term Paper Example The housing of the sales transactions of the departmental store requires the development of a well-designed database solution with potential business rules. A database solution needs to have retrieval section where data is easily found. The retrieval structure finds a particular piece of data in a more specific way with a quick and easy fetch of data within the database. Consistency provides reliable rules in database solution. The performance of the same search twice in a row of a good database solution gives the same results. A well-built database product ensures exact same query of data results plays an important role in a database solution. Additionally, the validity of data within a database solution relates to the ideas of consistency. Validity and consistency ensure different parts of database do not hold varied results of the same information. The validity of a database solution ensures that data incorporates within the possible pieces of data within the database (Davenport, 2013). Therefore, the validity of data within a database solution ensures that records are updated, created and deleted when need stands. The design of a database solution takes up the following structure  The database solution contains connectivity of relationships as shown in the key diagram above. The stores to the customers have a 1:1 relationship, the products to the stores have a 1: M relationship, suppliers to products have an M: N relationship, while products to product ID have a 0:1 relationship making a cross foot notation.

No More Hiroshima and Slough Poem Comparision Essay Example for Free

No More Hiroshima and Slough Poem Comparision Essay There can be no doubt that â€Å"Slough† and â€Å"No More Hiroshima’s† share a large collection of differences. However, they additionally have similarities. The poem â€Å"Slough† written by John Betjeman and is expressing his hatred for the place. This becomes apparent from the beginning when he ask for â€Å"friendly bombs, come fall on slough. † The satirical humour and juxtaposition of â€Å"friendly† and â€Å"bomb† are ironic and portray a dark image of the place, and this is continued throughout the poem with words such as â€Å"Death†, and â€Å"Hell†. Moreover, the imagery of the poem is ferocious and ghastly which greats a sense of negativity towards Slough. The poem â€Å"No More Hiroshima’s† by James Kirkup shares a similarity with Slough due to the aspect of war. No More Hiroshima’s is constructed around the reconstruction of the city Hiroshima’s after having nuclear bombs released on it. Furthermore, both poets are infuriated by the cities. No More Hiroshima’s begins with the tourist arriving at the station, â€Å"At the station exit, my bundle in hand† this already creates a sense of the poet coming off the train being confused at how busy the station is and how he was expecting to see huge inspirational memorials, however he was astonished and disappointed to see no memorials and compares it to any ordinary Japanese town. The poet in Slough wishes for slough to be obliterated as it says â€Å"come bombs, and blow to smithereens† whereas the No More Hiroshima’s poem doesn’t wish for the place to be wounded as the poet still sees Hiroshima as a precious place but it has just been used in the erroneous way due to commercialization of the demolished city. Consequently I believe this portrays a sense of negativity and is extremely idiosyncratic from the poet Betjeman and this continues throughout the whole poem. In the poem No More Hiroshima’s the poet doesn’t present any characters In a clear manner. Therefore he can talk about the place in a more general manner. Conversely in Slough the poet introduces characters as he feels he has to take his emotions out on the people not the city as it says for example â€Å" and get that man with double chin, who’ll always cheat and always win, who washes his repulsive skin In women’s tears,† the poet here is vehement that the people are additionally a cause for the failure of Slough whereas the in No More Hiroshima’s there isn’t blame on the people.

Traveling to New York and Traveling to Florida: Compare and Contrast

Traveling to New York and Traveling to Florida: Compare and Contrast Traveling to New York and Traveling to Florida: Compare and Contrast Abstract Florida and New York are considered to be the most important state of United States, not only in terms of politics and Business, but also, due to tourism. These are the states that welcome millions of travelers annually and earn lot of revenue for the country. They have numerous thinks in common like both have the coastline along Atlantic Ocean; Both offer easy transport, economical hotels and cultural diversity. But, they also differ in aspects like like weather, geography, sightings and shopping places. The paper covers all major similarities and differences that a traveler might experience, while one might travel in these states. Table of Contents Abstract Introduction Body Wonders of Traveling Traveling in New York Traveling in Florida Comparison Cultural Diversity Transport Hotels Food Contrast Weather Geography Sightings and Attractions Shopping Conclusion Works Cited Traveling to New York and Traveling to Florida: Compare and Contrast Introduction World is full of beautiful places and we see around us, we realize that this world is not only the stunning place but the one worth experiencing and traveling. When we broaden our thinking and the experiences, we realize that even different parts of the same city are different. If we visit different places of the same city we realize that world has put before us, its wonders and marvels. People who have travel and love this agree to the fact that travel itself is the source of great success and pleasure. The joys of travel are beyond measure and beyond imagination, unless the one tries it. Every place has its distinct features and the distinct characteristic, so, every new place opens, before travelers, a new world and helps them to enjoy and experience those wonders. Even the place that was visited earlier helps to know and learn new things that the travel might have missed last time or developed and appeared in the time between two visits. America has proved itself to be the land o f dreams, opportunities, pleasures and attraction. It annually attracts million of travelers to its different states, from Americans themselves and also a large variety of foreigners. The open grounds from the people from all over the world have made America, a multi cultural, a multi religious and a multi ethnic country. Due to the common element in America, a thing that should be considered is the versatility in different states. This is the compare and contrast paper about traveling in New York and traveling in Florida and covers the details about what a person might experience there. Body Everyone as individual interests and there are people who love to travel and explore the world around them. For some people traveling might be the tyring business, but, the people who love traveling are aware of the joy and pleasure that iy might bring to the people and the experiences that they can have by visiting different places. Travelling is not only the recreational, but, also the educational one and offers a lot of benefits. Wonders of Traveling Irrespective of thee fact that a person visits a place for educational or the recreational purpose, it always bring positive addition and changes into the personality of the traveler. Some people may visit other places for business purpose, some for educational and some for the leisure, but all the factors contribute towards the personality and health of a person. It helps in improving interpersonal growth, improve information about places and related facts, increase adeptness and deftness and most importantly the most essential skills of life. The psychological impact of relaxation, leisure, satisfaction and motivation are developed in a person, when he takes time, out of the routine and indulges oneself into soothing and relaxing activities. Regarding the role of traveling in success and motivation, it is believed and experienced by a lot of travelers that when they visit new places they come to meet new people, see new things, visit new places and understand about the versatility and the change in perspective. Such activities help a person to see the same problem from a different angle and to provide perspective to life and profession. (Stone and Patrick) Within America, there are numerous places, which are worth visiting and help the people to develop new ideas, relax and roam around. Among all the states of America, Florida and New York are considered to be the most noticeable ones. Traveling in New York New York is one of the busiest cities of the world and hustle and bustle on its every road. The concept of American dream that has been developed years ago, seems true when one visits New York. It is a place that welcomes people from all parts of the world and introduces the developed and most stylish side of United States. America that is shown in movies i.e. place of nightclubs, hotels, architecture, cars and busy life seem true in this city. This is a city that remains awake 24 hours and provides facilities irrespective of the fact that people come out of their house at day or at night. It invites the people all over the world, who want to make their career in Hollywood and become face of the industry. It has wonders, within it, for tourists it is a paradise and they can observe and experience the America that is changing with a rapid pace and has skyscrapers all over. The economic and social growth of the country can be well observed in this city. (Chevron) Traveling in Florida Florida is another beautiful place in America and offers the pleasures of nature and sceneries. One can enjoy the beautiful sandy beaches and the memorable theme parks that make this different from any other place in United States. It is well known for the fact how housing field is developing in this area and even this place is known for the people who want to settle here for life time. it s the combination of busy world and the places that offer peace and quiet to the ones, who want to live at a quiet place. Florida is multicultural cities and has people from Caribbean, Latin American, Spanish and Cubans. Its gives the impression of world, within itself and represents different cultures and ethnic groups. Sunny weather invites the people that want to enjoy the beaches and the warm weather. Wilderness and the natural scenes are the special aspect of this place and are the most attractive factor for travelers (Veness and Veness). Comparison Although, New York and Florida apparently seem to be the different places, but, there are a lot of things in common and there are numerous facts they share. Some will be discussed here. Cultural Diversity It is a well known fact that America is a multi cultural country and is the one that not only respects, but also, celebrates various cultures of the world. New York is a metropolitan and people from not only different parts of America, but, of the world are settled here and are living and working in Harmony. Due to the presence of the Film Industry, people from different countries are also attracted here and work along with Americans. When a traveler leaves the airport he starts having the experience of the lifetime. The experience of cultural diversity starts from the people who land on this airport, taxi drivers belonging to different countries and the people working in the streets and shops. From corporate level to people on the streets, a traveler can see people of different origins, here (Chevron). Florida is considered as the land of the people majorly belonging from Latin America, but, a lot of Asians, people from Caribbean, Cubans, Caucasians and most of the Latin America hav e become the locals of this city. Cultural diversity is common in Florida and New York and in spite of less busier city than New York; traveler can see people from different backgrounds. One might think that m.ost of them are travelers, but, it is a surprising fact that people of different origins have settled here and made Florida a world in it (Campbell, Denniston and Karlin). Transport Most important thing that a traveler will enjoy in New York will be the ease with which he can travel from one place to another and how he can reach his destination, without any issues. The most common modes of communication that are available in New York include: commuter rails, buses, subways and taxis. When a traveler leaves airport or the bus stand he easily finds taxi from the airport or the stand and can reach his destination. It is a common scene in New York that in spite of being the busy city and the lots of traffic, some people also use bicycles to move from on place to another (Chevron). In Florida, intercity rail is the most common and easily available and easily reached transport. In addition to this, travelers can easily find yellow cabs that can take people at their destination. There is an excellent road system n the country and the busses available can take traveler to different parts of Florida easily, anywhere and anytime. (Campbell, Denniston and Karlin) Hotels Most amazing thing about New York is that it is the economic hub, busiest city, populace one and the one with millions of visitors, but, traveler can fig most luxurious to the cheapest hotels in this area. People who only want to roam about and experience New York can get most economical place and the ones who want to stay in luxury can find the five starts hotels also. There are around five hundred options of different hotels and inns are available in New York, which serve all types of people (Chevron). Abundance of hotels and restaurants, in Florida, are present due to the abundance of beaches here. Since traveler who come in Florida often visit beaches and countryside, so they prefer guest houses and tents and which are available. In the rural side, economical and most luxurious hotels are available. Varieties of hotels give the choice to the travelers and help then to choose a hotel within their budget (Veness and Veness). Food Food truck culture is becoming common in New York, which provides junk, traditional, Mexican, African, Thai and al, kinds of foods are available to the travelers at economical rate. Travelers who want to enjoy more sophisticated restaurants and experience the sophisticated food, and then they can also go to numerous restaurants and shops opened in all parts of New York (Chevron). A variety of food options are available all over Florida and the options vary with the population and the terrain. In rural sides, all types of food i.e. junk t the specialties of different cultures are available. Since, Florida has a large beach, so, seafood is really common in this area and variety of seafood increase at the restaurants and hotels near the beaches. Traditional food of America is available everywhere, but, the people of different nationalities have opened restaurants and the abundance of food trucks helps in increasing the options available. (Campbell, Denniston and Karlin). Contrast Being different part of same country, New York and Florida have lot of commonalities, but, they also have numerous differences that make then different from one another and encourage the traveler to visit both states. Weather Weather of New York and Florida is totally different from one another. In New York there different seasons, along with summer and winter people also experience spring an autumn. The winters of New York are very cold and the temperature drops to as low as -2 degree centigrade. Heavy snow fall is common in New York and the hurricanes are common in this area (Chevron). In comparison to New York, in Florida, it is either really hot or warm. Winters in this area is not very chilly, the beaches make the temperature normal even in the winter. Southern Florida remains warm even in the winter, but, in northern Florida, temperature may fall to the freezing point and can create difficulties for the locals and visitors (Veness and Veness). Geography New York is Atlantic Ocean and the Hudson River, people even use fairies for the leisure purpose, although, its coast line is really small, as comparison to Florida. But, the main cities of New York have developed and there are skyscrapers all over the place. There is varied geography of New York, having plains, mountains, river, lakes and all other natural treasures, but, it is well known for its urban side. There are natural sights, but, the urban world of New York is more popular among the travelers (Chevron). Florida is actually situated on a peninsula made by Atlantic Ocean and the Mexican Gulf. The coastline of Florida is really large and spreads to 13,476 Km in NOAA system. Beaches are the main attraction in these areas and due to such a large coastline, and being at the sea level, the state is generally plain and offers numerous beaches for the travelers (Campbell, Denniston and Karlin). Sightings and Attractions In terms of attractions and sightings, New York is one of a kind. Statue of Liberty is considered the most important place that every traveler, in the New York, wants to visit. Metropolitan Museum of Art is another important attraction of the city. Museum of Modern Art, Empire State Building, Times Square, Museum of Natural history, botanical garden and China town are the most popular and most visited places by the traveler. The urban world of New York is really attractive and invites travel to explore its wonders. Most of the places that people love to visit in New York are manmade. In comparison to other places, New York is considered to be the place Museums, art galleries and gardens and offers the combination of old and new world (Chevron). Florida is known for its theme parks and among them; Disney World is considered to be the main attraction. It spreads on 47 miles and has restaurants, themed hotels mater parks, shops and gold course and attracts the people all over the world, it is not only the most favorite place for children, but also for the adult travelers. Universal Orlando made by the universal Studio, Sea world, LegoLand, Kennedy Space Centre and most importantly its beaches are the most visited places. The natural scenes and the sights in Florida are more famous among the travelers and this provides the combination of manmade and the natural sights like John Pennekamp Coral Reef State Park and Everglades that a traveler wants to pay a must visit. This feature has made Florida more attractive place form travelers with different preferences and different likings (Veness and Veness). Shopping Both are really big states and the shopping place that are available here are incredible. If analysis of New York’s markets and the shopping complex is done, then because of being the urban area, numerous brands can be found at a single road or street and even in the same shopping complex. There are very expensive shopping malls to the ones that offer the most economical things and the ones with discounts. The most important attribute that these malls and shopping centers offer is that they work 24 hours a day and make it really easy for everyone to shop in accordance with their preferences. The most popular market among the travelers is China town, which attracts people of all ethnicities (Chevron). Shopping Malls in Florida are also incredible like those in New York, but, the versatility is far less here. Another thing that differentiates the markets of Florida from New York’s is that most of the malls close by 11pm. The shops do not remain open round the clock and th e variety of traditional and all the ethnicities cannot be found at a single place. (Campbell, Denniston and Karlin) Conclusion New York and Florida are the beautiful states of America and are the true representatives of American culture, history and the diversity. They workers and travelers from all over the world and the people here facilitate and accommodate them among themselves. Diversity is the most beautiful feature of these states and this ensures that America is actually the land of dreams. It offers all the facilities that a traveler wisher for like easy transportation, economical hotels and the variety of food. Apart from these features they are also different in a lot of aspects. New York is known and celebrated for its urban sides, museums and galleries, whereas Florida is known for its theme parks and beaches. Difference in weather and geography make it worth visiting even from the Americans, belonging to different states. In spite of the similarities and differences in these states, these are the places that should be visited by everyone and should be on the list of travel lover. Works Cited Campbell, Jeff, et al. Lonely Planet Florida. Melbourne, Australia: Lonely Planet, 2014. Chevron, Doris. MARCO POLO Travel Guide New York. Ostfildern, Germany: MAIRDUMONT GmbH Co. , 2014. Stone, Matthew J. and James F. Patrick. The Educational Benefits of Travel Experiences: Literature Review. Journal of Travel Research, 52(6) (2013): 731-744. Veness, Simon and Susan Veness. The Telegraph Travel. 2012. Telegraph. 29 June 2015 http://www.telegraph.co.uk/travel/destination/usa/95884/Florida-travel-guide.html>.

insane narrator :: essays research papers

The Insane Narrator Edgar Allan Poe was born on January 19, 1809 in Boston Massachusetts. His parents David Poe Jr. and Elizabeth Arnold Hopkins, both died when Edgar was very young. Calvin Thomas published Poe’s first book, Tamerlane and other Poems in Boston in 1827. His first real job was the editor of Thomas W. White’s Southern Literary Messenger where he worked for nearly a year. In 1836, he was married to his 13-year-old cousin. He wrote many short stories including the Tell-Tale Heart in 1843, which is about a murderer who is subconsciously haunted into confessing what he just did. He died on October 7, 1849 in Baltimore. The narrator is insane because of his unnatural preoccupation with the eye, his distorted logic, and the hearing of voices and sounds, which reveal the madness. For some strange reason, the narrator was obsessed with the old man’s eye. He wasn’t even certain on how it started, but to him, it was an eye of a vulture. The old man was going to be murdered because of his pale blue eye. Infact, for seven straight nights at midnight the eye was closed. It wasn’t until finally on the eighth night when the narrator’s thumb slipped on the tin fastening, which woke up the old man. He grew furious when he did see the eye and new inside that he must murder this old man because of his eye. It is hard to imagine why a person’s eye would bother another person enough to kill, but some people are truly insane. His logic was distorted, so to him, the murder of the old man was the only thing that could soothe his pain. He then made the decision to only kill him when he saw his eye. This took him eight days, though I’m sure he would have done it the first night if he had the chance. While he was killing the old man, he had a smile on his face. The murder of the old man was justified.One might think that the narrator needed to murder something for a reason. The reason for killing the old man was absurd, but it worked for him. He also heard voices that would haunt him day and night. Those voices told him the eye was evil, and that he was doing the right thing. He would also hear a groan of terror many nights at midnight.