Toxic Asset (Business Law) Essay Example | Topics and Well Written Essays - 1500 words

Toxic Asset (Business Law) - Essay Example Toxic assets are also known as dead assets because they have been utilized in the past and they are of no more value at present. â€Å"Toxic assets had a value at some point in time† (Smith, 2010). Toxic assets do not have any present value whereas many people, who have such assets, believe that their toxic assets are still of the same value as they had in the past. However, the reality of the value of those toxic assets is quite different. Toxic assets often result in minimizing the liquidity of the organizations that possess such assets. It is because of the fact that toxic assets have no clear value and if the financial organizations such as banks acquire a large number of toxic assets assuming them to be of great value, minimal liquidity occurs because the value of the assets does not increase in reality, rather it just increases in the bankbooks. The banks find it very difficult to sell the assets in order to get the blocked money back in hands. Toxic assets are neither good for financial organizations nor for the economy of a country. They are worthless for the banking institutions as it becomes difficult for the banks to sell them to some other person at a reasonable price. Even if the financial sector of a country attempts to cope with toxic assets, the result is most likely to be the radical freefall of the country’s economy. Toxic asset is a form of Mortgage-Backed securities. Mortgage-Backed securities include loans that are given by a bank to a person to help the person build his own house. Banking institutions provide loan to the people, which is taken back from them along with interest on monthly basis. The repayment of loans to the banks is not an easy process for the people as the repayment is composed of high interest and the principal amount. When the people are not left with enough money to repay the loans to the banks due to increased sub-prime mortgage interest rates, the cycle stops and

Opinions about balancing between information sharing and information Assignment

Opinions about balancing between information sharing and information protection - Assignment Example Information sharing and information protection are the two sides of the same coin. Without the existence of a possibility to share information, the concept of information protection sounds absurd. The other way round, without the existence of the systematic mechanisms for protecting information, information sharing is not possible. For, to put it simply, the crux of entire information sharing and protection is to enable the sharing of information with the right individuals and agencies, in just the right format, at just the right time and to just the right extent. The entire scope of online data sharing is hinged on the trust that the concerned individuals and agencies will safeguard the information they receive and will do their best to protect the awkward situations arising owing to information sharing (Smith, 1994, p. 114). Hence, information protection is primarily about trust. So information protection stands to be a pivotal aspect of all the processes aimed at information sharing. Respecting this trust necessitates the envisaging of designing the apt practices that assure that the information being shared does not get into the hands of unauthorized elements (Smith, 1994, p. 114). Information protection also assures the reliability and accuracy of the information being shared and that the right information happens to be accessible as and when required. In a practical context, data protection is not a barrier to information sharing, but rather assures that the information accrued from individuals and organizations gets shared appropriately and within the constraints of a disciplined framework. So, information protection deals with the recognition of benign considerations that protect the safety and confidentially of the sources that may be drastically impacted by the revelation of the information pertaining to them (Nissenbaum, 2010, p. 106). Yet, it is also a fact that too much safeguarding of information may turn out to be constraining and

A Famous South Indian Restaurant In The Uk Marketing Essay

A Famous South Indian Restaurant In The Uk Marketing Essay Mirch Masala, a famous south Indian restaurant in the UK started in the year 1995 in Norbury, establishing branches in Tooting in the year 2001, Southall branch in April 2004, Croydon and East London branch in 2005 and Ilford branch being the latest in February 2009, under the watchful gaze of its owner and founder, Mr. Riaz Hassan Sabir, 49. It bears the name of most basic ingredient of Indian cuisine. The specialties are karahi and barbecue dishes. All food is prepared fresh on the premises, which may explain the massive popularity, as it tastes so fantastic. Mirch Masala has a string of awards to its credit. The Norbury branch won a highly commended in the Croydon Guardians Restaurant of the Year awards and the Tooting branch won its region in the Tiffin Cup and has gone on to the national finals. Mirch Masala has been the winner of a number of UK restaurant awards, the latest being TOP 100 RESTAURANTS OF UK voted by EVENING STANDARD (AUG 2003). Business portfolio The entire business is build upon a horizontal integration, dealing only with restaurant business. Expanding its wings in the South London with a total of 6 branches, all branches approved by Halal Monitoring committee, UK. Having the same menu and same style of preparing the food in all branches is unique in Mirch Masala. Mission Statement To provide customers the authentic taste of Indian cuisine and be the best in the Industry on a consistent level Overview of Business Mirch masala started with the first branch in Norbury and succeeded over a period of time, developing further with 5 more branches to its profile. Having over six branches, Mr. Riaz Hassan Sabir enjoys reaping a good profit and delivers excellent services with good quality of food equally over all branches even though the branches are decentralized. Employees come from the same Asian background that has enough idea about Indian cuisine. The business comprises of over 60 employees in all the branches with seating capacity of 170 in Croydon branch, 320 in Ilford, 130 in Tooting, 160 in Norbury, 140 in Southall and 120 in East Croydon. Branches Norbury Restaurant 1416 London Road, Norbury London SW16 4BZ Tel: 0208 679 1828, 0200 765 1070 Email: [emailprotected] Tooting Restaurant 213 Upper Tooting Road London SW17 7TG Tel: 0208 672 7500, 0208 767 8638 Email: [emailprotected] Southall Restaurant 171-173 The Broadway Southall, Middlesex UB1 1LX Tel: 0208 867 9222 Email: [emailprotected] East London Restaurant 111-113 Commercial Road London E1 1RD Tel: 0207 377 0155 Email: [emailprotected] Croydon Restaurant 40-42 Southend Road Croydon CR0 1DP Tel: 0208 680 3322, 0208-6809898 Email: [emailprotected] Ilford Restaurant 7-13 Goodmayes Road, Goodmayes Ilford, IG3 9UH Email: [emailprotected] SWOT Analysis SWOT analysis is a strategic planning tool used to identify internal factors such as strengths, weakness of a business and external factors such as opportunities and threats which should be addressed on the right time in order to be successful over a period of time. SWOT analysis of Mirch Masala Restaurant is identified and specified as follows. Strengths The exterior and interior of the restaurant is clean and tidy The quality and service of the restaurant has created a good brand image over a period of time Gaining of awards covers more customers and provides confidence to the business The restaurant has take away options and also provide outdoor catering service They provide buffet services which creates attention in the minds of the customer, a chance for more people to get the taste Customers of Mirch masala enjoy the bring-your-own liquor policy without any extra cost Dishes are freshly prepared on the premises and the quality is good Higher level of transparency makes the customers feel comfortable about the food they order and about the service they get The restaurant is Halal Meat certified, which covers religious aspects as well Having a own meat shop reduces the expense of purchasing meat which are Halal Free home delivery up to 2 Mile radius for orders over  £15.00 Weaknesses Dishes not being highly priced is a disadvantage, as the quality provided deserves to be priced a bit higher compared to other restaurants Employees from Asian background may affect the kind of service the native people of UK expect Not enough advertisement of the restaurant is given as Marketing plays a vital role The restaurant does not have kebab dishes as people expect a restaurant like this to have kebab dishes since the quality they provide is good and up to the standards Opportunities Expand their business by opening new branches outside London and also in Central London Include kebabs and grill dishes in the menu to attract more customers Main competitors are running slow due to recession, this is a good time to develop with good marketing Threats The competitors are lowering their prices as succeed over Mirch Masala as they offer dishes with low price Recession has affected their business enormously as the business is running slow due to this reason New competitors are opening up businesses in their region which affects business Competitor Analysis Competitor analysis is another important tool in management planning process. In order to succeed in a business, one must keenly watch his competitors. Competitor analysis has several important roles in management planning. To help management understand their competitive advantages and disadvantages, generate understanding of competitors past, present, and future strategies and develop strategies to achieve competitive advantage in future. Mirch masala as a restaurant serving authentic Indian food has many competitors in market as there is a huge pool of Asian population available in the area. The main strategy of Mirch masala is to run business where there is an availability of Asian population, but they need to change their way of thinking and apply some new strategies as competitors are spreading everywhere across. Mirch masala have less competition in the areas where they have established. When they expand their business they need to address geographic issues. Their main competitors are Lahore Kebab, Masala World and other local restaurants. Masala Zone Masala World Group A quick glance at the business Masala zone restaurants display the passion to give real Indian cuisines, friendly service, good value and strong design. The creators are Ranjit Mathrani, his wife Namita Panjabi, and Camellia Panjabi Namitas sister, after success with the acclaimed Indian restaurants Chutney Mary and Veeraswamy. They are ground-breaking, casually stylish and fun Indian restaurants. They combine contemporary design with Indian popular art. The first masala zone restaurant in Soho opened in 2001 and rapidly became one of the most popular Indian restaurants in the UK. The food has the traditional Indian emphasis on healthy eating, balanced meals, fresh food and exciting dashes of spice Strengths: Quick and friendly customer service Clean and tidy environment Exotic Indian ambience in different branches to enlighten customers with the traditional Indian art Quality food, good service and value for money A bit highly priced, targeting niche market Specialties from many diverse regional cuisines of India Chefs are recruited directly from different regions of India, saving cost of training and who are best in their field creating their own specialties Different techniques of cooking to get that unique taste according to the dish Weaknesses: Different branches with different kind of environment may put customers in dilemma about their expectations of the restaurants environment Lower line of transparency Absent of Buffet service Different branches under different name Target Customers: Masala Zone is with no doubt providing exquisite and traditional Indian food focusing mainly to spread its essence to every person in London. This particular restaurant is for all who envy Indian food. Customer base is not filtered, as they concentrate much on the quality, taste of the food and service which is their core strength. Geographic spread: Having branches in Bayswater, Camden town, Covent Garden, Earls court, Fulham, Islington and Soho, their motive is to keep show cast their restaurant according to different locations. They are not widely spread as they have a established their business in London. Lahore Kebab A quick glance at the business Lahore Kebab House is one of the very few restaurants in London which offer real authentic Pakistani cuisine. The sensational aroma of our sultry meals is guaranteed to entice your taste buds. Our visibly open kitchen allows you to witness the high standards of hygiene and quality that we are committed on maintain. The spacious premises of the Lahore Kebab house provided a relaxed environment for you to comfortably enjoy our food. With a history of serving excellence for over 40 years, the Lahore Kebab House can confidently claim to be one of the best Asian restaurants in London. The level of spices can be maintained according to the desire of our customers upon request. Strengths: Strong brand image over a period of time attracts more customers Providing hygienic and good quality food Higher line of transparency Highly priced Weaknesses: Not in attractive place Unavailability of drinks such as Wines and beers Lack of promotional activities No proper marketing strategy is used, as in poor website is maintained Marketing Strategies Every marketing strategy is unique, but if we abstract from the individualizing details, each can be reduced into a generic marketing strategy. There are a number of ways of categorizing these generic strategies. But when comparing Mirch Masala with its competitors we suggest the following strategies on a timely basis to cover the market and become more successful. Growth strategies: Product development The restaurant needs to include various dishes like kebabs and other Indian varieties, so they can cover the existing market and build their own brand in order to defend themselves from new entrants. The restaurants can start selling drinks and spirits on their own premises as to increase profit and lessen the burden of customers to bring their own liquor. Market penetration Mirch masala needs to penetrate the existing market by implementing promotional activities such as advertising, door to door distribution of leaflets. Market development The business is despite of being successful, still faces a fierce competition with its local players. The restaurant needs to open up new branches in other areas of London and few branches in Central London as they are financially strong. Market differentiation After development of their market, Mirch Masala needs to target on Niche market by increasing the price a bit higher as Masala Zone. The reason behind this is the quality and taste of the food they provide, which needs to be addressed strongly. People tend to think that the cheaper the price the worse the quality. Gant Chart Figure 1: Illustration of Time bound recommended strategies for Mirch Masala Recommendation Despite of being successful in the market, Mirch Masala needs to implement the recommended strategies in order to enter new markets with product development and making it target the niche market. To increase the customer base, build a stronger brand image and be successful. References

Business Ethics vs. Capitalism Essay -- essays research papers

The concept of business ethics has tried to change the way businesses operate over the years. Business ethics is a form of ethics that governs the actions of businesses to circumvent the affects business has on every day society. But some question its effectiveness in the application of capitalism. Several case studies have shown that this is the case; many companies place the pursuit of money in front of the pursuit of virtue. Although, the majority of companies are not in the spotlight of acting unethically, can we conclude that they follow the ethical norms? It is natural for normal human beings to act ethical but businesses are on a completely different playing field. But could business ethics be clearly possible in capitalism?   Ã‚  Ã‚  Ã‚  Ã‚  In order to understand the debate of business ethics, one must understand the concept of capitalism. Capitalism in its purest form is free enterprise, meaning that the market functions with minimal interference from government and other forces. If this is possible then businesses compete with each other on an equal playing field and whoever has the upper hand can gain much of the market. Each business will fight for there own share of the market and it is basically survival of the fittest, whoever has the better product, price, quality will win over customers.   Ã‚  Ã‚  Ã‚  Ã‚  Capitalism is a free-market approach to economics but one other practice makes capitalism different from any other economical system. Within capitalism investors play a large part in business in capitalism. In theory there are several different kinds of investors in capitalism. One can ‘loan’ money to a company and the company will promise to return that loan with interest but the most common type of investment is ownership into the company or business. This type of ownership takes place through the concept of stock. Stock is an actual stake within the company bought in the stock market. In capitalism the stock’s price can either fluctuate up or down. This notion of the stock market plays the biggest part in a capitalist economy because a companies stock is an indication on how well the company is performing.   Ã‚  Ã‚  Ã‚  Ã‚  Milton Friedman, a University of Chicago professor, suggests that the only responsibility of businesses is to their stockholders. He advocates that a businesses function is to make as much money as possible in any and every way, as long as the rules o... ...etely different things into the same economy, instead we should compromise into another type of economical system that can have a social conscience and still manage to make a profit. Recently many companies have had their unethical behavior uncovered and this placed doubt in the minds of many. Capitalism and ethics cannot truly exist together because in capitalism there can be no control and ethics as a form of control. In capitalism Greed is the number one priority in capitalism and ethics cannot sidetrack this priority. Although over the years business ethics and capitalism seemed to have coincided one cannot conclude that the two can coexist because of the many kinds of unethical behavior takes place in our capitalist economy, much of which is still hidden. The unethical behavior uncovered by the government recently is just the tip of the iceberg and I am sure as long as people try to combine ethics and capitalism, unethical behavior will still run rampant, revealed or not. Only one action can deter unethical behavior in the U.S. economy, and that is changing the whole system because if not we will continue to live in an unethical economy where greed is the on ly precedence. Business Ethics vs. Capitalism Essay -- essays research papers The concept of business ethics has tried to change the way businesses operate over the years. Business ethics is a form of ethics that governs the actions of businesses to circumvent the affects business has on every day society. But some question its effectiveness in the application of capitalism. Several case studies have shown that this is the case; many companies place the pursuit of money in front of the pursuit of virtue. Although, the majority of companies are not in the spotlight of acting unethically, can we conclude that they follow the ethical norms? It is natural for normal human beings to act ethical but businesses are on a completely different playing field. But could business ethics be clearly possible in capitalism?   Ã‚  Ã‚  Ã‚  Ã‚  In order to understand the debate of business ethics, one must understand the concept of capitalism. Capitalism in its purest form is free enterprise, meaning that the market functions with minimal interference from government and other forces. If this is possible then businesses compete with each other on an equal playing field and whoever has the upper hand can gain much of the market. Each business will fight for there own share of the market and it is basically survival of the fittest, whoever has the better product, price, quality will win over customers.   Ã‚  Ã‚  Ã‚  Ã‚  Capitalism is a free-market approach to economics but one other practice makes capitalism different from any other economical system. Within capitalism investors play a large part in business in capitalism. In theory there are several different kinds of investors in capitalism. One can ‘loan’ money to a company and the company will promise to return that loan with interest but the most common type of investment is ownership into the company or business. This type of ownership takes place through the concept of stock. Stock is an actual stake within the company bought in the stock market. In capitalism the stock’s price can either fluctuate up or down. This notion of the stock market plays the biggest part in a capitalist economy because a companies stock is an indication on how well the company is performing.   Ã‚  Ã‚  Ã‚  Ã‚  Milton Friedman, a University of Chicago professor, suggests that the only responsibility of businesses is to their stockholders. He advocates that a businesses function is to make as much money as possible in any and every way, as long as the rules o... ...etely different things into the same economy, instead we should compromise into another type of economical system that can have a social conscience and still manage to make a profit. Recently many companies have had their unethical behavior uncovered and this placed doubt in the minds of many. Capitalism and ethics cannot truly exist together because in capitalism there can be no control and ethics as a form of control. In capitalism Greed is the number one priority in capitalism and ethics cannot sidetrack this priority. Although over the years business ethics and capitalism seemed to have coincided one cannot conclude that the two can coexist because of the many kinds of unethical behavior takes place in our capitalist economy, much of which is still hidden. The unethical behavior uncovered by the government recently is just the tip of the iceberg and I am sure as long as people try to combine ethics and capitalism, unethical behavior will still run rampant, revealed or not. Only one action can deter unethical behavior in the U.S. economy, and that is changing the whole system because if not we will continue to live in an unethical economy where greed is the on ly precedence.

Online Examination Portal

INTRODUCTION About The Project The project, â€Å"Online Examination Portal† aims at creating a common platform for the college administration to conduct online (objective) examination for students of every semester of the institution on a regular basis or in regular intervals of time as desired by the administration. With this site, the institute can register and host online exams. Students can give exams and view their results. This site is an attempt to remove the existing flaws in the manual system of conducting exams.Purpose The client here, the college administration uses MS Excel, and maintains the student records, however it is not possible them to share the data from multiple system in multi user environment, there is lot of duplicate work, and chance of mistake. When the records are changed they need to update each and every excel file. There is no option to find and print previous saved records. There is no security; anybody can access any report and sensitive data, also no reports to summary report.This Online Examination Portal is used to overcome the entire problem which they are facing currently, and making complete atomization of manual system to computerized system. Students can give exam without the need of going to any physical destination. They can view the result instantly at the end of the examination session. Thus the purpose of the site is to provide a system that saves the efforts and time of both the institutes and the students.What is Online Examination Portal all about? Online Examination Portal is a web application that establishes a network between the institutes and the students. Institutes enter on the site the questions they want in the exam. These questions are displayed as a test to the eligible students. The answers given by the students are then evaluated and their score is calculated and saved. This score then can be accessed by the institutes to determine and evaluate their performance.

Benefits of Using Hypnosis

The aim of this paper is to identify the benefits of using hypnosis in various fields. In order to do so, the paper will discuss the definition of hypnosis and its brief history. In relation to this, its affects towards an individual as well as the instances when hypnosis is used will also be given due consideration. Lastly, but most importantly, the benefits of using hypnosis will be emphasized in this paper. The succeeding paragraphs will further elaborate on these aforementioned points. Definition of HypnosisHypnosis comes from the Greek word â€Å"ypnos†, which means sleep (Russell). It is defined as a â€Å"social interaction in which one person responds to suggestions given by another person also known as the hypnotist for imaginative experiences involving changes in perception, memory, and the voluntary control of action† (Kihlstrom). Hypnosis is regarded as a scientific technique that is verified as an effective means to inflict accelerated human change. By usin g hypnosis an individual could inflict the changes that he or she wants on a certain person.These changes could even promote and encourage mental and physical wellness. Moreover, hypnosis is also especially studied by health care professionals, practicing therapists as well as individuals who are looking for ways to change their untoward behaviours and to change their lives for the better (The Empowerment Group). Brief History of Hypnosis Hypnotic relationship has been practiced for over 5000 years in Chinese medicine between healers and patients.Egyptians also practiced hypnosis through the form of Temple Sleep that was recognized by priests as a special healing as well as an enlightening state. The ancient Greeks also have their own form of hypnosis that is referred to as Asclepian dream healing. May prominent personalities in history have used hypnosis in order to propagate their views such as: Genghis Khan, Richard the Lionheart, Napoleon, Hitler, Churchill, Billy Graham, Mohamm ed, and even Jesus practiced hypnotism. Nevertheless, the high-profile practice of hypnosis took place in 1734-1815 with physician Anton Mesmer.He applied hypnotism in his theory of animal magnetism where he contributed an important paper in the practice of hypnotism that considers the relation of magnetic influences in the movement of sun, moon, and planets in the state of human health. This study of Mesmer started the propagation of hypnosis towards the end of the first half of the 19th century. Hypnosis spread as far as Italy, Spain, the rest of Europe and Scandinavia and even Brazil (UK Guild of Hypnotist Examiners).At present, hypnosis is practiced in many parts of the world. Application of Hypnosis and its Effects towards an Individual A typical hypnosis starts with the induction procedure wherein the person is asked by the hypnotist to relax and concentrate in focusing his or her eyes on a fixation point. The voice of the hypnotist will instruct the person on what to do. None theless, individuals could also have a positive response to hypnotism even if it is done while he or she is engaged in a vigorous activity.After the hypnotist directed the person of the primary procedure he or she would further suggest the patient for different imaginative experiences like extending ones’ arms or that when he or she opens his or her eyes the object in front of them will no longer be there. Furthermore, the patients may also be instructed by the hypnotist to disregard or continue a particular behavior (Institute for the Study of Healthcare Organizations and Transactions). An individual’s response to hypnosis tends to vary as it is based upon the differences of each person to another.This is due to the fact that hypnosis has large to do with the capability or talent of an individual to experience hypnosis rather than the hypnotic technique that was used. Majority of people are moderately hypnotizable but even though most people respond to hypnotism only few of them could actually attain the highest level of responsiveness or what is called as hypnotic virtuosos (Institute for the Study of Healthcare Organizations and Transactions). Benefits of Hypnosis The benefits of hypnosis could be seen in various aspects of an individual’s life.Hypnosis could be beneficial in someone’s personal life, working career, and even with regards to the physical and mental well-being of a person. In terms of ones’ personal life, someone who might want to quit smoking or start exercising to lose weight could undergo hypnosis in order for them to start doing these desirable actions and make it part of their everyday routine. A person could also learn to relax about the stressful work that he or she might have as well as start pursuing those career dreams that he or she aspires through the motivational aid of hypnotism.Even psychological and emotional problems like phobias such as fear of public speaking and shyness could also be addr ess through the use of hypnosis (Hypnosis School). Moreover, hypnosis has also been used by criminologists, psychologist as well as other mind specialist in order to guide and control the behaviour of a patient. Programs that involved intelligence or education-related skills have also result to hypnotism so that it could easily enhance the academic skills of their student like memorization and speed reading (All About Life Challenges).Lastly, what makes hypnosis a very popular form of therapy is the fact that it does not involve taking drugs or any kind of medication that could be habit forming. Being the case, a patient does not have to worry about serious side-effects as well as the expenses in such kind of treatment (All About Life Challenges). The discussions above show that hypnotism indeed has a substantial contribution in addressing the various problems that most people have to go through. Hypnotism tends to give solution to personal, psychological, medical, and even social c oncerns.The efficacy and importance of this kind of treatment is proven by the long period of time that it has been used. Being the case, it is not surprising that hypnotism give numerous benefits for the overall well-being of a person. Works Cited All About Life Challenges. â€Å"Benefits of Hypnosis. † 7 August 2008 . Hypnosis School. â€Å"The benefits of hypnosis. † 7 August 2008 .Institute for the Study of Healthcare Organizations and Transactions. â€Å"Hypnosis and Health. † 7 August 2008 < http://www. institute-shot. com/hypnosis_and_health. htm>. Russell, Michael. â€Å"Hypnosis: A Brief History. † 7 August 2008 < http://ezinearticles. com/? Hypnosis—A-Brief-History&id=200983>. The Empowerment Group. â€Å"What is hypnosis? † 7 August 2008 < http://www. hypnosis. com/whatishypnosis. aspx>. UK Guild of Hypnotist Examiners. â€Å"A Brief History of Hypnosis. † 7 August 2008 < http://www. hypnotherapy2empower. com/hypnosis_histo ry. php>.