A Brief Note On Itc Limited And Itc - 1219 Words

Introduction of ITC ITC Limited or ITC is an Indian headquarter in Kolkata, India. Its diversified business includes five segments: â€Å"Fast Moving Consumer Goods, Hotels, Paperboards, Packaging and Agri Business†. In 2012-13, annual turnover was $ 8.31 billion and at the end of the same year, its capitalization was US$ 45 billion. It employs over 26,000 people at more than 60 locations across India and is part of Forbes 2000 list. Company has been in scandals regarding funding of Political Party to gain monopoly in Indian Cigarette market. ITC claims† that it is the â€Å"on1y company† in the world of advanced dimensions to be Carbon Positive, Water Positive and Solid Waste Recycling Positive. ITC Limited has completed 100 years on 24 August 2010. The earlier decades of the company activities centered on the tobacco industries. Since 1964 conclusive evidence of the deadly effects of tobacco consumption has 1ed to a sharp decline in official support for producers and manufacturers of tobacco, in spite of its 1arge contribution to the agriculture, fiscal, manufacturing and exporting sectors of the economy. Viewing the changes in the business dynamics in the tobacco industry, the company starting looking to other venues for earning revenue. In 1970’s, it started reducing the foreign equity holding in the company to 40%. In 1975, the company enters the hotel business with the acquisition of a hotel in Chennai which was rejoined ‘ITC-Welcomgroup hotel Chola’. In 1979, ITC started theShow MoreRelatedWills Lifestyle7563 Words   |  31 Pageswith us throughout our internship. In the end we express our heartfelt gratitude to our faculty, Ms. Vandana Narang and Ms. Anandita Sardar for their supervision and help in the best possible ways throughout the period of internship. Internship Brief The industry internship programme is an introduction to the industry and understanding of designer’s role and responsibility in this context. It is aimed at providing us with a professional design experience by familiarizing us with a working knowledgeRead MorePk Electricss International Marketing Analysis2280 Words   |  10 Pageswould Use 6 Modes of Market Entry 7 Most Appropriate Mode for PK Electrics 8 Conclusion 8 Reference 9 Introduction Since PK Electrics was established in 1987 in Ningbo, Zhejiang province, China. It has grown from a local supplier producing a limited range of electrical cabling and switches to a national supplier of a wide range of electrical supplies including: cables, sockets, switches and light fittings. It has three factories based in Zhejiang province and good reputation for quality and customerRead MoreDesigning A Better Organizational Process4695 Words   |  19 Pageswork process and their Organizational structure. 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Apart from the brick –mortar formats, brick -click and click-click formats are also increasingly functional on the Indian retail landscape. Consumer dynamics in India is also changing and the retailers need to take note of this and formulate their strategies and tactics to deliver the exact expected value to the customer. In the backdrop of all these developments the present paper makes an attempt to: ïÆ'Ëœ ïÆ'Ëœ Explain the emerging trends in the development of ModernRead MoreBusiness Environment5822 Words   |  24 PagesMODULE -3 Business Around Us Notes 3 BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because, the environmental factors influence almost every aspect of business, be it its nature, its location, the prices of products, the distribution system, or the personnel policies. Hence it is important to learn about the various components of the business environment, which consists of the economicRead MoreNew Product Development and Understanding the Consumer Behaviour5101 Words   |  21 PagesSelect, offer, They follow a carefully structured branding process, which start right from understanding the clients’ needs and functions all the way to follow-ups with both clients and product requirement. A brief description of the different stages involved can be discussed in brief: Planning In the planning stage, the needs and requirements of the clients are evaluated to determine the required business model, understand organizational behavior and relationships. 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Fundamentalist Islam Essay - 2425 Words

The key issue in the Middle East, increasingly, has less to do with the Arab-Israeli conflict and more to do with fundamentalist Islam. What is fundamentalist Islam? On the one hand, it manifests itself as a new religious conviction, reaffirming faith in an awe-inspiring God. On the other hand, it appears as a militant ideology, demanding political action now. One day its spokesmen call for a jihad (sacred war) against the West, evoking the deepest historic resentments. Another day, its leaders appeal for reconciliation with the West, emphasizing shared values. Its economic theorists reject capitalist greed in the name of social justice, yet they rise to the defense of private property. Its moralists pour scorn on Western consumer culture†¦show more content†¦But if Muslims now return to the original Islam, they can preserve and even restore their power. nbsp;nbsp;nbsp;nbsp;nbsp;That return, to be effective, must be comprehensive. It is not merely a religion, in the Western sense of a system of belief in God. It possesses an immutable law, revealed by God that deals with every aspect of life, and it is an ideology, a complete system of belief about the organization of the state and the world. This law and ideology can only be implemented through the establishment of a truly Islamic state, under the sovereignty of God. The empowerment of Islam, which is God’s plan for mankind, is a sacred end. It may be pursued by any means that can be rationalized in terms of Islam’s own code. At various times, these have included persuasion, guile, and force. nbsp;nbsp;nbsp;nbsp;nbsp;What is remarkable about fundamentalist Islam is not its diversity. It is the fact that this idea of power for Islam appeals so effectively across such a wide range of humanity. Fundamentalists everywhere must act in narrow circumstances of time and place. But they are who they are precisely because their idea exists above all circumstances. Over nearly a century, this idea has evolved into a coherent ideology, which demonstrates a striking consistency in content and form across a wide expanse of the Muslim world. [2] Fundamentalist Forerunners nbsp;nbsp;nbsp;nbsp;nbsp;The pursuit ofShow MoreRelated Ideology of Fundamentalist Islam Explained Essay5434 Words   |  22 Pagespolitical orientation of Sayyid Qutb (1906-1966), an Egyptian civil servant turned political and religious activist, inspired by fundamentalist Islam. To gain an understanding of what influenced and formulated Qutb’s ideas it has been necessary to provide some background information relating the history of modern day Egypt and the emergence of reformist and fundamentalist Islam, from the 19th century until Qutb’s time. The essay also seeks to give some biographical information in order to provide a fullerRead MoreCulture and Religion8004 Words   |  33 Pageshats, praying at the Wailing Wall in Jerusalem. TV has also covered the revolution in Iran and the Taliban victory in Afghanistan. These pictures give us a good idea of fundamentalism in two if the three major monotheistic religions, Judaism and Islam. The other one is fundamentali sm within Christianity. II. ORIGINS OF CHRISTIAN FUNDAMENTALISM The Enlightenment, in the 18th and 19th century Europe, inaugurated a period in which traditional Christian beliefs were placed under attack. EnlightenedRead MoreCharacteristics of Religious Fundamentalism Essay1162 Words   |  5 Pagesauthority and oppose the challengers, often using political means o further their cause. One characteristic of religious Fundamentalism is that most Fundamentalist groups have a charismatic, authoritarian leader. This person is usually male, who may claim to be divinely informed. An example of this was the Christian Fundamentalist Peoples Temple religious cult led by Reverend Jim Jones. He had such control over his followers that when he asked them to take their own lives inRead MoreEssay on Fundamentalism and Religion785 Words   |  4 Pagesin the west associate fundamentalism with Islam, this is indeed a mistaken belief. Fundamentalism is defined as the affirmation of religious authority as holistic and absolute, admitting of neither criticism nor reduction; it is expressed through the collective demand that specific creedal and ethical dictates derived from scripture be publicly recognized and legally enforced . (Lawrence) Therefore the essence of fundamentalist belief is doctrinal confirmity, of notRead MoreIs Religious Fundamentalism Always Totalitarian and Prone to Violence?1856 Words   |  8 Pagesthe moral protest of faiths such as Islam and Christianity can be linked to the rise of Religious Fundamentalism, as they protest the influence of corruption and pretence that infiltrate their beliefs from the spread of secularization (Heywood, 2012, p. 283). Religious Fundamentalists have followed a traditional political thought process yet, have embraced a militant style of activity which often can turn violent (Heywood, 2012, p. 291). To be a fundamentalist is to wholly believe in the doctrineRead MoreThe Birth Of Islam And Islam1129 Words   |  5 PagesIntroduction: The birth of Islam published liberal and humanistic origin of Islam in east Bengal. But later this Islam turn into political Islam due to three reasons the emergence of religious based Pakistan state, failure of punished the war criminals and the declaration of Islam as the state religion in replaced of secularism (8th amendment 1988). The failure of the state to provide basic need to the people, increasing violence in Economy and political sector growing discrimination in society,Read More Terrorism and the Pursuit of God Essay example648 Words   |  3 PagesIslamic religion, the religion that the hijackers are suspected to adhere to, claiming that Islam reveres its martyrs and sanctions war. But the answer is much more complicated than this, and a look at religion and technology can help get a clearer picture of Islam and the events of September 11. Karen Armstrong, in her book The Battle for God, claims that nearly all religions have a sect of â€Å"fundamentalists,† or what some have called â€Å"extremists,† who feel it their duty to rebel against the recentRead MoreIslamic Fundamentalism is based on Islamic ideology. It is also seen as a group of religious800 Words   |  4 PagesIslamic Fundamentalism is based on Islamic ideology. It is also seen as a group of religious ideologies trying to return to the fundamentals of Islam. Muslim Brotherhood started in Egypt in the year of 1928. Muslim Brotherhood is an anti-colonial, transnational Sunni Islamist movement, it is attempting to integrate Islam into politics and government. Members of the brotherhood believe the Quran and Sunnah should be the basis of the government (Johnson, 2014). Muslim Brotherhood is not only foundRead MoreIslamic Extremism Is Becoming A Global Matter1605 Words   |  7 PagesIslamophobia. To fully comprehend how attitudes toward the Is lamic religion have changed in the past decade, one must consider the history of Islam, and the societal and cultural changes pertaining to Islam. Islamophobia is becoming a global matter, and one must be aware to understand religious conflicts, as it can immensely influence society. The religion of Islam originated from the Prophet Muhammad whom Muslims believe that he was chosen to spread God, or Allah’s message (â€Å"The Prophet†, n.d.). AccordingRead MoreMuslim Immigrants And The United States871 Words   |  4 Pagesâ€Å"extremists†, â€Å"jihadists†, â€Å"fanatics†, â€Å"fundamentalists† etc. They were being feared, discriminated and even harassed. One of the most widely discussed issues in the U.S. Muslim community is the negative image of Islam in the American media, an issue that was cause for concern even before 9/11. While appeals to the media for accuracy and fairness continue, newspaper headlines regularly print the words â€Å"Islam† and â€Å"Muslim† next to words like â€Å"fanatic,† â€Å"fundamentalist,† â€Å"militant,† â€Å"terrorist† and â€Å"violence

Elastic and Inelastic Demand free essay sample

The demand for newspaper is inelastic while the supply for newspaper is elastic in the short run. This means the quantity demanded for newspaper does not respond strongly to price changes but the quantity supplied for newspaper is responsive to price changes in the short run. (Mankiw, 2009) The demand is inelastic because newspaper has very few substitutes. Although online news is getting popular nowadays, the majority still prefer to read the papers. Besides, newspaper is a necessity which people read every day to know what happens around the world. Newspaper has a broadly defined market and it has no good substitutes. (Mankiw, 2009) The supply of newspaper is elastic because firms that produce manufactured goods such as newspapers can run their factories longer in response to a higher price. (Mankiw, 2009) From the graph, we can derive the table below: Without TaxWith TaxChange Consumer SurplusA+B+CA- (B+C) Producer SurplusD+E+FF- (D+E) Government Revenue -B+D+ (B+D) Total SurplusA+B+C+D+E+FA+B+D+F- (C+E) Consumer surplus decreases by the area B and C while producer surplus decreases by the area D and E after a tax is imposed. Both tax levied on sellers and tax levied on buyers place a same size of wedge between the price that buyers pay and the price that sellers receive (Mankiw, 2009). Regardless of how the tax is levied, buyers and sellers share the tax burden (Mankiw, 2009). Buyers pay more and sellers receive less. Meanwhile the government revenue from collecting taxes increases by the area B and D. As a result, total surplus decreases by the area C and E causing a deadweight loss. Tax has made both consumers and producers worse off and it decreases the overall welfare of society. The equilibrium quantity falls after a tax is imposed causing the market of newspaper to shrink. (300 words) Task 2 Negative consumption and production externalities are considered harmful to society. A negative externality is the adverse and uncompensated impact of one person’s actions on the wellbeing of a bystander. (Mankiw, 2009) Negative consumption externalities cause a difference between private benefit and social benefit (Tutor2u, n. d. as social benefit takes into account of both the private benefit and the adverse impact of one person’s actions on the wellbeing of society. When the marginal private benefit gt; marginal social benefit, a negative consumption externality exists (Tutor2u, n. d. ). The intersection of the marginal-private-cost curve and the marginal-social-benefit curve determines the optimal output level. From the diagram, we can know that it is less than the market equilibrium quantity. This shows that the good is over-consumed. There will be a deadweight loss of economic welfare. Negative production externalities cause a difference between private cost and social cost because social cost takes into account of both the private cost and the external cost. When the marginal social cost gt; marginal private cost, a negative production externality exists (Tutor2u, n. d. ). This means that the cost to society of producing one good is larger than the cost to the producers (Tutor2u, n. d. ). The optimal output level is determined by the intersection of the marginal-private-benefit curve and the marginal-social-cost curve. It is also less than the market equilibrium quantity according to the diagram above. Again there will be a deadweight loss. Because both the negative consumption and production externalities lead markets to produce a larger quantity than is socially desirable, the markets are inefficient. Thus market failures happen as markets fail to maximize total surplus, causing deadweight losses. Therefore negative consumption and production externalities are considered harmful to society. (Mankiw, 2009) The production of rare earth will cause negative production externality to society. This is because the refinery of rare earth ore will generate radioactive waste which is seriously harmful to human beings. Recent protests in Kuantan to stop Malaysian government from letting Lynax, a giant Australian Mining Company to build the world’s largest refinery for rare earth metal in Gebeng and Tun Dr Mahathir Mohamad’s recent comments about the radioactive waste in Perak have made Malaysians recall back the incident of Bukit Merah during 1980s (Mariam Mokhtar, 2011). In 1982, Asian Rare Earth (ARE) which is a subsidiary of Mitsubishi Chemical began operating its rare earth plant in Bukit Merah. ARE extracted yytrium (a rare earth) from monazite, one of the minerals found in amang for use in high technology products. Both monazite and the waste contain thorium hydroxide, which has a half-life of 13. 9 billion years. Cancer-causing radon gas is released during decay of thorium. (Mariam Mokhtar, 2011) Because of the radioactive waste, the residents of Bukit Merah suffered very serious harmful effects. Not only there is a high incidence of cancer rate, the residents suffer birth defects and leukemia. Jayabalan, a general practitioner physician and toxicologist who treated the leukemia victims, carried out a survey and proved that the number of miscarriages in the village was higher than the national average (Mariam Mokhtar, 2011). A sample test on 60 children had found that their bloodstreams contain high levels of lead (Mariam Mokhtar, 2011). According to New York Times, Lai Kwan, the former workers of ARE, has spent the last 29 years taking care of her son from her pregnancy while working in ARE’s refinery, who was born with severe mental and physical disabilities (Bradsher, 2011). The harmful effects of radioactive waste are long term. Parents of those children who were born with birth defects and leukemia have to take care of their children for the whole life time. The victims of Bukit Merah incident still suffers today. After a long-drawn battle and petition of the residents against ARE, Japanese environmentalists and politicians stepped in and persuade ARE to close the refinery in 1992. Mitsubishi Chemical agreed to fix the problem and subsequently spend $100 million to clean up the site.

Shinto Exam Preparation Notes free essay sample

Shinto is a native Japanese mythology/religion influenced by Buddhism, Taoism and Confucianism. Kami, a key concept in Shinto’s belief refers to the superior, mystical or divine, that permeates the natural world. Origins of the universe: Earliest Shinto text is the Kojiki or ‘record of ancient matters’ written in 712 CE Kojiki tells the story of how the cosmic order arose out of chaos during the age of the kami when something like a huge celestial egg split in half to form heaven and earth. The earliest gods attended this spontaneous development and they produced a second generation of divinities who were paired with one another as brother and sister (also husband and wife) the last pair of divine siblings named Izanagi and Izanami were instructed by their elders to create the islands of japan. They did this, and the country they made compromised the whole creation of time. The stories and myths about creation -The celestial pair gave birth to the sacred land of japan and to all the kami or ‘superior spirits’ that inhabit the land. We will write a custom essay sample on Shinto Exam Preparation Notes or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They bore the divine kami of the rivers and rocks and mountains and trees and also gave birth to the spirits of the natural forces such as wind and fire and so on.. -Eventually the great mother goddess, Amaterasu, kami of the sun, comes into being, along with her wild and intractable brother, the god, Susanoo-o-Mikoto, kami of storms. These two kami of the sun and of the storms become the paramount deities in subsequent Shinto mythology. Principle beliefs -The universe has three levels- plain of heaven: where kami live (hight) the present human realm: the middle land (where humans live) and at the depth (below) is the world after death. More sophisticated Shinto mythology but in the hearts of the common people they prefer the perpetual country or ‘tokoyo’ view that the eternal spiritual domain where the kami abide in perfect tranquillity with the human realm. (everything is on the human/middle level) they believe in the middle land (perpetual country or tokoyo). -Fundamental idea in Shinto is that of kami. Kami is the indefinable quality felt in spiritual realities. They also believe in the kami of ideas such as creation, growth and development. Kami is the awe inspiring sacred nature of things. the sacred is understood through actually experiencing, but cannot be captured in theories or words. -They communicate with the kami directly so they have no need for elaborate or formal theories. -Shinto is a religion of sentiment rather than sermons. The proper end of Shinto is not to grasp the idea of kami but to feel its boundless presence. Rituals -Jinja Shinto- takes place at shrines and is domestic and lo cal (local shrines are where regional kami are worshipped ie. River kami, beach kami. This allows local communities to affirm their togetherness in the presence of their local kami.. every home has a shrine called a kamidana at at this level Shinto can be seen as the way a family worships their ancestors[mirror covered by a door]). -Minzoku Shinto- relates to folk religion in japan (what everyone follows) -Koshitsu Shinto- practiced at a national level and relates to the emperor and his family. (at a national level, shrines dedicated to the imperial family[descendants of the gods] help japan celebrate its unity as a nation).