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Thursday, September 3, 2020
W2 Asign Determining Requirement in Data Warehousing Essay
W2 Asign Determining Requirement in Data Warehousing - Essay Example information stockroom, get intriguing information, position their own inquiries, drill through the information layers, and make custom reports and specially appointed queriesâ⬠(Ponniah, 2010, p. 40). In that capacity, these force clients generally look for complex data, multidimensional (MD) examination, and factual investigation which could be encouraged through the on the web, intranet, web, as the utilization of messages. As gained from Ponniah (2010), the ââ¬Å"primary objective in the necessities definition stage is to order data bundles for all the subjects for the information warehouseâ⬠(p. 105). The sorts of necessities that one needs to accumulate at the prerequisites definition stage are classified as follows: The social occasion of data during this stage could be requested through three (3) essential methods or fundamental procedures: interviews, joint application advancement (JAD) meetings, and through surveys (Ponniah, 2010). Accordingly, the sort of subtleties to be assembled would rely upon the requirements and requests of the clients in the associations. Using the fundamental methods for social event data, as the inquiry apparatuses pro, one must have the option to exhaustively survey and decide the educational prerequisites of every client as indicated by the class of necessities as specified previously. In like manner, the sorts of inquiries that ought to be planned and imparted to the clients ought to be organized in the best way to encourage requesting of the suitable reaction. Simultaneously, it was likewise discovered that beside using these three (3) fundamental strategies for information social event and assortment, one could assemble valuable data through the assessment of existing documentation (Ponniah, 2010). As stressed, ââ¬Å"review of existing documentation should be possible by the task group without an excess of contribution from the clients of the specialty units. Planning of the survey of existing documentation includes just the individuals from the undertaking teamâ⬠(Ponniah, 2010, pp. 115-116). By and large, as the
Saturday, August 22, 2020
Global War on Drugs Essay Example | Topics and Well Written Essays - 1000 words
Worldwide War on Drugs - Essay Example Worldwide War on Drugs The medication forbiddance laws deny, with the exception of under extraordinary conditions and licenses the creation, ownership and conveyance of substances that are perceived as medications. This restricts the course of anything that is viewed as a medication. By doing so they guarantee that the nation remains the medication free zone that it was proposed to be. One such individual who has been vocal and dynamic in this issue is Richard Davenport-Hines. He is a history specialist and biographer who has achieved such a great amount in his time. He has spoken vocally against the issue of medications and their utilization. He has continually censured the United States legislature of not doing all that it ought to comparable to the medication issue. The United States government because of the issue of medication use and dealing has made a few supportable approaches. These approaches will empower the administration to successfully and productively manage the issue. The United States completely underline that medication use is the directing of any medication on an individual as opposed to their planned use. The battle that was begun to demoralize sedate use in the states was condemned by Richard in his book. He engendered that the states and the arrangements that they were utilizing were not really the path forward. The legislature conceived a few different ways for instance capture and condemning to manage the medication aristocrats and clients. They additionally made medication denial laws that were to manage the medication exchange. In the book: The Pursuit of Oblivion, A Global History of Narcotics there are a few issues tended to against the United States approaches. The contentions express that the legislature doesn't manage the issue of captures. He proceeds to clarify that there is consistently a high level of illicit medications in the city. The rate could be as high as 100%. During the captures and block attempt stage just a little level of the medications are caught. The bookââ¬â¢s writer takes note of that by going with such measurements the medication war will never be won. In the event that lone 20% of the medications are caught, the rest of is despite everything out can in any case keep the medication business above water. This will clearly guarantee that their benefits keep ta king off in spite of the medication catches (Gerber 31). He considers the to be approach as a demonstration of might and the force between the intrigued partners. The United States government is utilizing the medication issue as a stage stone to utilize its muscles on different countries and its own residents. He considers why in spite of the considerable number of captures and condemning both nearby and worldwide, drugs are as yet getting a route to the lanes. He ponders when the administration will disguise the earnest need to capture the never known aristocrats rather than the recruited workers who sell the medication in little dosages on the road The state has for some time been blamed for utilizing its military may in all the incorrect ways. He esteems the approach as a reason to utilize over misrepresented tasks by the military. They utilize such a large amount of the assessment payersââ¬â¢ cash yet they have little to appear on the embraced medicate activities that they le ad (Gerber 37). The administration is likewise blamed by the two residents and the creator of the content of being exceptionally tricky in the medication war. The administration is seen to utilize twofold measures as in it permits the pharmaceutical organizations to keep advertizing their medications. He thinks about this sort of advertizing as an appreciation for drugs. This entices clients to utilize them. He recommends that organizations ought to have a few guidelines comparable to publicizing. In the TV dramatization The Wire, the entertainers have deliberately acted their considerations on the strategy of medication use in the states. The arrangement in one of their scenes demonstrated that the examiners entrusted with the duty of exploring drugs and their utilization as being truly unable. It
Friday, August 21, 2020
Which ACT Score Do Schools Use
Which ACT Score Do Schools Use SAT/ACT Prep Online Guides and Tips Most schools will utilize your ACT scores in some limit when settling on confirmations choices. On the off chance that you take the ACT on various occasions, nonetheless, it's not in every case clear which scores they will consider most unequivocally. In this article, I'll give you a diagram of the approaches that exist at various universities with regards to auditing ACT scores in the affirmations procedure. The Basics Most schools will concentrate on composite score esteems while considering your ACT scores.Schools that require the discretionary ACT Writing segment will typically take a gander at your Writing score independently or as the English Language Arts (ELA) subscore (which is the normal of your scores on the English, Reading, and Writing sections).Some entrance advisory boards will take a gander at subscores in the diverse branches of knowledge dependent on the studentââ¬â¢s scholarly interests and application qualities. This is generally basic at particular universities that are tech and designing focused and are keen on math scores.Otherwise, schools will fundamentally take a gander at the normal of the four numerous decision areas. Universities may choose to take a gander at your scores in various manners relying upon their policies.Some schools will permit you to practice Score Choice or use Superscoring, some donââ¬â¢t require score entries by any means, and some may acknowledge different tests instead of the ACT.Iââ¬â¢ll go over the various situations you may experience in the following couple of segments. Score Choice and Superscoring Score Choice and Superscoring will influence which ACT scores universities use in the application process.Score Choice is a worked in highlight of the ACT that is permitted by numerous colleges.It just implies that you can choose which grades you need to send to schools (by test date just, not at the subsection level).Since youââ¬â¢re charged an expense to send score reports for each test date and not only for each school, utilizing Score Choice can likewise set aside you cash on your applications. You canââ¬â¢t send scores from certain segments and not others, so you just have so much adaptability, however you can utilize Score Choice to remain quiet about low scores. All things considered, this choice has consistently been an innate part of the ACT score detailing process. The ACT doesn't name it anything explicit, however I'm calling it Score Choice here in light of the fact that that is the name that the vast majority know about (it's called Score Choice for the SAT). You ought to likewise realize that a few universities will expect you to present the entirety of your ACT scores, so don't naturally accept that you can exclude a portion of your scores in the announcing procedure. Superscoring is a training that a few universities use after they get your scores.It implies that the school will take your most elevated scores on each segment of the ACT and normal them into one ââ¬Å"superâ⬠composite score.Superscoring is a path for universities to support their government sanctioned testing measurements while likewise permitting you to loosen up somewhat more when you take the ACT.If you get low scores on an area on one test date, you can give your examination time to helping those errors. You will have the option to concentrate on improving your scores for that particular area without stressing over different areas where you previously scored well. Obviously, Superscoring is just a factor in the event that you submit scores from more than one test date to a school. It's likewise less basic with ACT scores than with SAT scores.Hereââ¬â¢s a rundown of schools that utilization Superscoring on the ACT. There are additionally a few schools that won't normal your top scores into one composite score however will consider your most elevated individual area scores from various test dates. By and large, most universities will utilize your best scores on the ACT to pass judgment on your application whether that implies Superscoring or simply utilizing your best one-time composite score out of the scores you choose to send them. On the off chance that the entirety of your scores together are the Himalayas, most universities just consideration about Mt. Everest. Shouldn't something be said about ACT Writing? A few schools will take a gander at both your composite ACT score and your ACT Writing score.There are 633 universities that right now expect you to present the ACT Writing section.The ACT Writing test shows schools how well you can deliver an example of composing under tension. Your fundamental application paper isn't as useful in making a decision about your composing capacity since a great many people meticulously edit these expositions throughout numerous hours. The ACT likewise gives an ELA subscore that midpoints your scores on the English and Reading different decision segments and your score on the exposition to make an extra score out of 36.Some schools utilize this score as a guide for putting understudies out of early on composing courses. Other Special Cases There are a few schools that are test discretionary, test visually impaired, or test adaptable, which means youââ¬â¢ll have more decisions to make with regards to presenting your scores.ââ¬Å"Test optionalâ⬠schools give you the choice of presenting your ACT scores, however they donââ¬â¢t require them for a finished application. In the event that you do present your scores, these schools will consider them similarly that a school that requires scores may. On the off chance that you decide not to present your scores, at that point they will simply utilize your GPA and secondary school course record to settle on their choice instead.There is just one school, Hampshire College, that is test dazzle. This implies the entrance advisory board won't take a gander at your ACT scores regardless of whether you do choose to send them. ââ¬Å"Test flexibleâ⬠schools expect you to submit scores from state sanctioned tests, yet they will acknowledge different choices other than standard ACT or SAT scores.For model, a few schools state that you can send them three SAT Subject Test scores or three AP scores instead.In this case, in the event that you conclude that different scores are a superior portrayal of your abilities,a school probably won't take a gander at your ACT scores by any stretch of the imagination. An extremely exceptional case. What's inside? Would it be able to be a large number of ACT test booklets? We'll never know. End Universities utilize various strategies in choosing which ACT scores they will consider in the application process.Most schools expect understudies to submit scores, yet they will normally take a gander at the most noteworthy composite score or use Superscoring to make your most noteworthy conceivable score out of subscores from various test dates.In most cases, you can decide to send schools just your best composite scores with the goal that they wonââ¬â¢t be contrarily one-sided by a terrible test date (albeit some serious schools demand access to the entirety of your scores). A few universities request to see your ACT Writing score, however it's viewed as less emphatically than your composite scorein the affirmations choice. In uncommon cases, your ELA subscore will be utilized to decide your situation in basic composing courses. There are additionally test discretionary universities that donââ¬â¢t expect you to send government sanctioned grades at all and test adaptable schools where you can send other grades instead of the ACT.You should look into the strategies at schools that intrigue you. For most universities that contemplate the ACT, you can accept that your most elevated score will be utilized in settling on confirmations choices. What's Next? You might be thinking about how high of a score you ought to focus on the ACT dependent on your school objectives. Peruse our manual for discover what a decent ACT score resembles for you. You get four free score reports to send to schools when you take the ACT. Our article will help youdecide whether to utilize them or not. How would you send your ACT scores to schools in any case? I'm so happy you inquired. Simply click on the connection to find out additional! Frustrated with your ACT scores? Need to improve your ACT score by 4+ focuses? Download our free manual for the best 5 methodologies you need in your prep to improve your ACT score drastically.
Thursday, June 18, 2020
Theater of the Grotesque The Spanish Tragedy and Foucault - Literature Essay Samples
It is easy to look at Thomas Kydââ¬â¢s The Spanish Tragedy, widely considered the first revenge tragedy play, as having a completely nonsensical ending. While the proceeding three acts are fairly typical for a revenge narrative, with machinations deceptions stabbings and heartfelt vows for murder, the penultimate scene defies logic to the point of nearly being comical. However, despite the surreal and uncanny feeling of what occurs therein, much of which initially appears to defy our notions of causality, there is, to quote another revenge play, ââ¬Å"a method to this madness.â⬠Through his grim and performative finale, Kyd is depicting the strength of a proto-Foucaultian state which has the power to control the secular bodies of all who reside beneath them. We should preface this examination by addressing several formal and narrative aspects of the first three acts of A Spanish tragedy before analyzing the ways in which its fourth espouses the absolute authority and power of the state. Firstly, readers recognize that this is, despite the appearance of Andrea the ghost, a largely secular play. Though the dead can speak, they can not affect change in the world of the living, as demonstrated by Andreaââ¬â¢s outrage at being made to watch his good friendââ¬â¢s suffering at the conclusion of the first half of the play. Revenge, the entity with whom Andrea holds discourse, may appear to be architect of what unfolds, but may also merely have foresight into the future, as we never see Revenge actually do anything other than speak. And though Hieronomo makes multiple pleas to the heavens for guidance and closure, it is Bel Imperia who answers his prayers with a well-timed letter. With this absence of higher moral authority, the only real e xchange of power and of order is between the state and its subjects. There is no other recourse for justice. We must also establish that the state has been, in a sense, violated by both Lorenzo and Balthazar. There is an established order to martial victory and custody which is demonstrated early in the play when ransom is set for Balthazar under Horatio and his armor is given to Hieronomo. Balthazar then conspires to escape this De facto custody through a combination of murder and mendacity, convincing Lorenzo and his servants to assist in Horatioââ¬â¢s premature departure. Lorenzo then manipulates the court system, supposedly the ultimate indicator of innocence and guilt, by creating a fake pardon and allowing Pedringano to hang for the crime of killing Lorenzoââ¬â¢s servant, simultaneously concealing his involvement in the killing of Hieronomoââ¬â¢s son. These two characters have, in a sense, made fools of the state of Spain and the Spanish government in the pursuit of their own gains by breaking the established laws. The fourth scene of the fourth act begins with Hieronomo staging a play which he has concocted and assigning roles to each character based on how he wishes to kill them. He then sets off a violent chain of bloody murders in front of an amassed audience, here comprised of three noble lords. By the end of his brief one-act, the architects of his misery, Lorenzo and Balthazar, are dead, and Bel Imperia has also taken her own life. This is perhaps fairly typical of plots where retribution is the instigator of conflict, but what follows is certainly not. Hieronomo then comes on stage, and explains to the three noblemen exactly what he has done. His world choice in particular is if interest: ââ¬Å"See here my show; look on this spectacle!/ Here lay my hope, and here my hope hath end,â⬠(Kyd 4.4.89). It is extremely important to him that he reveal dramatically, to these government bodies, what he has just accomplished and why. Further more, we must examine the word ââ¬Å"Spectacleâ⠬ as something of supreme importance here. It brings to mind immediately the eponymous spectacle of the Spectacle of the Scaffold from Michel Foucaultââ¬â¢s Discipline and Punish: ââ¬Å"Manyâ⬠¦non corporeal punishments were accompanied by a degree of torture: public exhibition, pillory, carcan, flogging, branding,â⬠(Foucault 32). The brains extension of itself is tortured in these instances, as it causes a figure to become an object of shame, or to be viewed as such by other people. A competent and powerful body, should it wish to discourage behavior without accusations of barbarism, may use a combination of an audience and the recipientââ¬â¢s awareness of themselves to force rectification. This publicity of punishment is somewhat troubling to the ethics of the period. On the one hand, the state has failed; it has allowed several good people to perish while the true culprits have not faced consequences. Thus these two private citizens take the law into their own hands, and then publicly display their bloody handiwork (Bel Imperia in spirit at least) ostensibly as a message. But emulate its practices and its ethics. Namely, they publicize the humiliating and shocking deaths and make the motivations for the murders clear for future wrong-doers, as a deterrent. Hieronomo doesnââ¬â¢t, however, blame the Spanish government or its officials. In fact, he addresses Balthazarââ¬â¢s father, the Viceroy, somewhat sympathetically: ââ¬Å"Speak, Portugese, whose loss resembles mine; if thou canst weep upon thy Balthazar, ââ¬ËTis like I wailed for my Horatio,â⬠(4.4.114). Despite the enmity which would ostensibly exist between two such fathers and sons, Hieronomo identifies with this militaristic oppressor, claiming they have some kindred understanding of pain. Even in abject agony, he cannot taunt this high Viceroy. Hieronomo, who is a nobleman, immediately begins to leave in order to hang himself. This form of suicide is particularly sign ificant, because as Foucault points out ââ¬Å"Death is a torture insofar as it is not simply a withdrawal of the right to live, but is the occasion and culmination of a calculated graduation of pain: from decapitation (â⬠¦the zero degree of torture) through hanging, the stake, and the wheel,â⬠Focualt 33). Beheading is a death normally reserved for lords as it is painless, and Heironomo, even if not in possession of the flexibility and creativity required to cut his own head off, could have devised a less painful method of death. But this would most likely be one which was clean, and could perhaps be covered up or misinterpreted. Through a hanging, his body is, by his own design, to become a warning to all those who see it. If we continue with our interpretation of Hieronomo as channeling the authority of the state, which surely we must, given what has preceded it, the Hieronomo is using the power vested in him to damn himself to death. But he never gets the chance to act fully on these desires. Almost immediately after Hieronomo finishes, the Viceroy foils his attempt to hang himself by grabbing him and demanding he ââ¬Å"in form the king of these events. Upon my Honor, thou shalt have no harm,â⬠(4.4.158). Why does the viceroy desire this clarification? Surely the earlier line ââ¬Å"So Viceroy, was this Balthazar, thy sonâ⬠¦which Bel Imperiaâ⬠¦ murdered,â⬠(4.4.135). And the viceroy demands that this confession be made to the king, Hieronomoââ¬â¢s lord and due to the military engagement which preceded the play, the Viceroyââ¬â¢s superior as well. Hieronomo shocked his audience by telling them about his plan and motivation; by attempting to make him retell it through threats of harm, the state re-asserts its control over his body and mind. The king even brands him a traitor, an entity harmful to the state merely in its existence in other words, even though Hieronomo has not sabotaged Spain in his massacre. Thus either out of spite at this body for denying him the chance to be his own executioner and retain agency, or merely out of pride and a refusal to confess, Hieronomo balks, refusing to comply and to identify his accompliceââ¬âdespite seriously implicating he r in his initial confession. However, the Viceroy brandishes some ice-cold reason heretofore unseen, and quickly and decisively comes to the correct conclusion that ââ¬Å"Wasâ⬠¦ Bel Imperia / for by her hand my Balthazar was slain / I saw her stab him,â⬠(4.4. 177). Portugal did not even need to synthesize the largess of information which could have incriminated her that Hieronomo freely gave up; he, the envoy of the state, was able to quickly and independently determine who was guilty and their culpability in what had occurred either through deduction based on the playââ¬â¢s plot, or through seeing her kill Balthazar and withholding the information. Having him say this also drives home the omnipotence of state authority. These monarchs and lords may have been duped and used as a catââ¬â¢s paw in the murder of Pendrigano, but they will inevitably discover the truth. The state is, in a sense, more powerful than God himselfââ¬âa character who cannot affect change a nd ignores the pleas of his supplicants. At this point, our hero chews off his tongue in order to keep from confessing, and from revealing the identity of his co-conspirator. But this action proves to be too little too late; The Viceroy has already discerned that Bel Imperia played a crucial role in the massacre that has just been witnessed, not to mention informed everyone else. Thus the reader is forced to assume that there is some other reason for this painful and disfiguring action. And while, for obvious reasons, the dishonored warrior cannot explain himself, the reader can come to three different possible motives fairly quickly. Either this is masochistic self-punishment for his failure to conceal Bel Imperiaââ¬â¢s involvement, a deliberate taunt aimed at these powerful foesââ¬âimplying that they will never know the full truth or get him to yield before them, or, that he is so terrified of the tortures that will be used to compel him to confess, that he bites off his to ngue in order to ensure they shall never attempt this. If we follow the logic of Foucault, there really wouldnââ¬â¢t be much reason to torture a body who cannot scream or convey suffering to other bodies around him. But when further lambasted and threatened, Hieronomo calls for writing implements in order to write out his confession. But this proves to be a ruse, and an ineffective one: He manages to kill but one of the three nobles, one who had done him the least amount of wrong, before killing himself. Kyd ends the whole affair then, with the Kings of Portugal and Spain still in power, all of those who broke the laws of the land dead, and many of them situated in an oddly ironic hell, which affects only Andreaââ¬â¢s enemies oddly enough, though he of course seems not to be there, stuck in some other existence. Even Hieronomoââ¬â¢s final act of defiance is erased; the last lines in the mortal world are by the monarchs who claim Hieronomoââ¬â¢s deeds are ââ¬Å"Monstrous,â⬠and proceed to give a battery of orders regardi ng the bodies of the deadââ¬âflexing their institutional muscles, if you will . The entire final act of the play is a long and elaborate re-enforcement of the ultimate authority of the reigning government. Given Kydââ¬â¢s eventual torture and judicial ordeals it is hard not to read the work against both the volatile political environment and the run in with the state which was to occur shortly after the first performance. Whether the uncannily repeptitive nature of the last scene is intended to demonstrate a sort of break from reality, implying this total control is a fantasy, or if Kyd merely found this atypical way of portraying the power dynamics of his era in such a format is unclear.
Monday, May 18, 2020
The acquiring of Bank of Rajasthan by ICICI - Free Essay Example
Sample details Pages: 7 Words: 2179 Downloads: 10 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? 3.1 DEAL STRUCTURE The acquiring of Bank of Rajasthan by ICICI was a no cash deal. The deal was valued at Rs.3041 Cr. Each share of Bank of Rajasthan was valued at Rs.189/- giving a premium of around Rs.90 per share. Table no. 3.1 showing Deal valuation Particulars Swap Ratio Outstanding Shares(Cr.) Price before announcement Market Cap Deal Value(Cr.) ICICI 25 111 889.35 99921 3042 BANK OF RAJASTHAN 118 16 99.5 1527 Interpretation- Donââ¬â¢t waste time! Our writers will create an original "The acquiring of Bank of Rajasthan by ICICI" essay for you Create order The deal was done by stock swap. It was thought to be 1:3, but later the swap ratio was decided at 25:118 as mentioned; means 25 shares of ICICI for 118 shares of Bank of Rajasthan. The swap ratio was at around 90% premium over the market pricing of Bank of Rajasthan. As the deal was a no-cash deal , ICICI had to dilute 3% equity for the deal. The net worth of Bank of Rajasthan at the time of merger was estimated to be around Rs 760 Cr. and that of ICICI Bank Rs 5,17,000 Cr.. In the quarter ending Dec 2009, Bank of Rajasthan reported a loss of Rs 44 Cr. on an income of Rs 373 Crores. So, ICICI Bank had to take in these losses too. 3.1.1 Multiples Method Value based on comparable P/B The table gives P/B ratio of some banks which can be compared with the BANK OF RAJASTHAN( I have excluded some high profile banks like HDFC, ICICI, Axis Bank etc) Table no. 3.2 showing P/B ratio of BoR acquisition Bank P/B Ratio Dhanalakshmi Bank Ltd 2.2 Karur Vysya Bank Ltd 2.0 City Union Bank Ltd 1.9 ING Vysya Bank Ltd 1.7 Development Credit Bank Ltd 1.4 United Western Bank Ltd 1.2 Jammu and Kashmir Bank Ltd 1.2 South Indian Bank Ltd 1.2 Federal Bank Ltd 1.1 Karnataka Bank Ltd 1.1 Interpretation- The average price to book ratio comes to be around 1.5. Using the ratio and book value of 1048.8 Cr. value of BANK OF RAJASTHAN = 1.5 x 1048.8 = 1573 Cr.. The deal value of more than 3000 Cr. is quite costly in this regard which values BANK OF RAJASTHAN at almost double the current value. 3.1.2 CALCUATION OF INCOME PER BRANCH Table 3.3 showing income per branch Total deposits(in Crs) 15187 CDR 74.20% spread on money they can lent 3.50% Spread on money they canà ¢Ã¢â ¬Ã¢â ¢t lent -2.05% Money which they can lent (15187*CDR) 11268.75 Money which they canà ¢Ã¢â ¬Ã¢â ¢t lent (15187*(1-CDR)) 3918.246 Number of branches 463 Income on money they can lent 0.85185 Income on money they canà ¢Ã¢â ¬Ã¢â ¢t lent -0.17348 Total Income Income on money they can lent = = 0.85185 Income on money they canà ¢Ã¢â ¬Ã¢â ¢t lent == (-0.173486) Total Income = 0.85185+ (-0.173486) = 0.678364 Interpretation- Even if they would have gone natural growth and built all the branches, it would have cost them a mere Rs 1911 Cr. which is way below the valuation that they paid to acquire bank of Rajasthan. Thus the deal is absolutely overpriced and it would have resulted in some value destruction for the ICICI shareholders. 3.2 RATIO ANALYSIS PROFITABILITY RATIO OPERATING PROFIT MARGIN NET PROFIT MARGIN These ratios measure the ability of the firm to generate profits. These ratios are of interest to investors who would like to invest in the most profitable companies around. OPERATING PROFIT MARGIN Operating profit OPERATING MARGIN RATIO = X 100 Sales ICICI BANK Table 3.4 showing Operating profit of ICICI Bank Year 2006-07 2007-08 2008-09 Operating Margin (%) 28.87 26 26.22 Graph 3.1 showing Operating profit of ICICI Bank Significance: This ratio establishes the relationship between total operating expenses to sales. It shows the operating efficiency of the firm. When the operating ratio is less it indicates higher operating profit and vice versa. Interpretation: The Operating profit margin has decreased from 28.87% in 2006 to 26% in 2007.It increased in 2008 to 26.22 % . The average pre merger ratio is 27.03%. This indicates that the operating margin is not stable. BANK OF RAJASTHAN Table 3.5 showing Operating profit of BoR Year 2006-7 2007-8 2008-9 Operating Margin (%) 28.84 21.18 21.12 Graph 3.2 showing Operating Profit of BoR Interpretation: The Operating profit margin of BoR has decreased from 28.84% in 2006 to 21.18% in 2007.It decreased slightly in 2008 to 21.12 % . The average pre merger ratio is 23.71%. This indicates that the operating margin is not stable. NET PROFIT MARGIN PROFIT AFTER TAX NET PROFIT MARGIN RATIO = SALES ICICI BANK Table 3.6 showing Net Profit Margin of ICICI Bank Year 2006-07 2007-08 2008-09 Net Profit Margin (%) 10.81 10.51 9.74 Graph 3.3 showing Net Profit of ICICI Bank Significance: This ratio is an indicator of operational efficiency or in-efficiency. Higher the ratio better is the operational efficiency. Interpretation: The Net profit margin has decreased from 10.81% in 2006 to 10.51% in 2007.It decreased in 2008 to 9.74 % . The average pre merger ratio is 10.35%. This indicates that the net profit margin is not stable but the rate is acceptable. BANK OF RAJSTHAN Table 3.7 showing Net Profit Margin of BoR Year 2006-07 2007-08 2008-09 Net Profit Margin (%) 12.96 9.75 7.81 Graph 3.4 showing Net Profit of BoR Interpretation: The Net profit margin has decreased from 12.56% in 2006 to 9.75% in 2007.It decreased in 2008 to 7.81 % . The average pre merger ratio is 10.04%. This indicates that the net profit margin is not stable. RETURN ON INVESTMENT Earnings- Initial Investment x 100 ROI = Initial Investment ICICI BANK Table 3.8 showing ROI of ICICI Bank Year 2006-07 2007-08 2008-09 Return On Investment (%) 82.46 62.34 56.72 Graph 3.5 showing ROI of ICICI Bank Interpretation: The ratio has been 82.46% in the year 2006, decreasing to 62.34% in 2007.Then, decreasing to 56.72% in 2008. The average rate is 67.17% which is very good for a company. BANK OF RAJASTHAN Table 3.9 showing ROI of BoR Year 2006-07 2007-08 2008-09 Return On Investment (%) 140.81 173 185.2 Graph 3.6 showing ROI of BoR Interpretation: The ratio has been 140.81% in the year 2006, increasing to 173% in 2007.Then, further increasing to 185.2% in 2008. The average rate is166.44% which is excellent for a company. SOLVENCY RATIO DEBT EQUITY RATIO This ratio throws light on the long-term solvency of the firm reflecting its capability to assure the long period creditors with regards to payment of interests and loan repayment of principal on maturity at due dates. DEBT EQUITY RATIO DEBT DEBT-EQUITY RATIO = EQUITY ICICI BANK Table 3.10 showing Debt Equity Ratio of ICICI Bank Year 2006-07 2007-08 2008-09 Debt Equity Ratio 9.5 5.27 4.42 Graph 3.7 showing Debt Equity Ratio of ICICI Bank Significance: It shows the relative claims of creditors and owners against the assets of the firm .It also indicates the relative proportions o debt and equity in financial the firmà ¢Ã¢â ¬Ã¢â ¢s assets. Interpretation: This ratio has been declined over the years from 9.50 to 4.42. The pre merger average comes out to be 6.39. BANK OF RAJASTHAN Table 3.11 showing Debt Equity Ratio of BoR Year 2006-07 2007-08 2008-09 Debt Equity Ratio 25.37 26.15 23.6 Graph 3.8 showing Debt Equity Ratio of BoR Interpretation: This ratio has almost constant. It increased in 2007 to 26.15 and again fell to 23.6 in 2008. The average is 25.04 which is quite stable. EPS Earning Per Share is defined as ratio of profit after tax to the number of ordinary shares i.e. Net Profit after tax and preference dividend EPS = - Number of ordinary shares So, when the income on equity (EPS) of a particular company increases the position of the company is considered to be favorable. On the other hand, if the rate of return to equity hare holder falls, or if the interest bearing securities get a big share into hearing of the firm, then the position of the company will be unfavorable. ICICI BANK Table 3.12 showing EPS of ICICI Bank Year 2006-07 2007-08 2008-09 EPS 34.59 37.37 33.76 Graph 3.9 showing EPS of ICICI Bank Interpretation: The EPS of ICICI Bank increased in 2007 from 34.59 to 37.37 and again fell to 33.76. it could mean that the shareholders had retained some profits to make the company stronger. BANK OF RAJASTHAN Table 3.13 showing EPS of BoR Year 2006-07 2007-08 2008-09 EPS 10.28 8.57 7.3 Graph 3.10 showing EPS of BoR Interpretation: The EPS of BoR decreased in 2007 from 10.28 to 8.57and again fell 7.3. It could mean that the shareholders had retained some profits to make the company stronger with an average of 8.72. DIVIDEND PAYOUT RATIO This is also known as payout ratio. It calculates the association between the earnings belonging to ordinary shareholder and the dividend paid to them. In other words Dividend Payout Ratio shows the percentage share of the net profits after tax and preference bonus is paid out as dividend to equity shareholders. It can be calculated by dividing the total bonus paid to the owners by the total profits / earnings available to them. Alternatively it can be found out by dividing the bonus per ordinary share by the EPS. Thus, Total dividend paid to equity holders Dividend Payout Ratio = ____________________________________ Earnings available to equity share holders ICICI BANK Table 3.14 showing Dividend Pay out Ratio of ICICI Bank Year 2006-07 2007-08 2008-09 Dividend Payout Ratio 28.91 29.43 32.58 Graph 3.11 showing Dividend Payout Ratio of ICICI Bank Interpretation: The average dividend payout ratio turned out to be 30.31%. It has increased over time from 28.91% to 29.43% and finally to 32.58%. BANK OF RAJASTHAN Table 3.15 showing Dividend Payout Ratio of BoR Year 2006-07 2007-08 2008-09 Dividend Payout Ratio 19.45 5.83 2.74 Graph 3.12 showing Dividend Payout Ratio of BoR. Interpretation: The dividend payout ratio has decreased over time for BoR from 19.45% to 2.74% in 2008-09. It is not a good sign as the shareholders are not getting enough dividends. OVERALL RATIO: Graph 3.13 showing Pre and Post Merger Ratios Interpretation- The above graph shows the position of ICICI Bank and BANK OF RAJASTHAN during pre and post merger period. The acquisition raised share value to new heights and making ICICI Bank more stronger. POST MERGER RATIOS OF ICICI BANK: Table 3.16 showing Post Merger Ratios of ICICI Bank Ratio Post Merger Period 2010-11 Average Operating profit ratio 24.81 24.81 Net profit ratio 15.91 15.91 Return on investment 42.97 42.97 earnings per share 44.73 44.73 Dividend Payout Ratio 31.29 31.29 Debt Equity ratio 4.1 4.1 Graph 3.14 showing Post Merger Ratio of ICICI Bank Interpretation- The above table shows the post merger ratios of ICICI bank. The merger has benefitted the company and it looks to be more stronger compared to its pre merger scenario. 3.3 T Test: H0 : There is no considerable difference between pre and post merger financial performance. H1 : There is a considerable difference between pre and post merger financial performance. Highlight: The company from Indian Banking sector was merged with a stake of 100 %. OPERATING PROFIT RATIO OF ICICI BANK Table 3.17 showing T test of Operating profit of ICICI Bank Period N Mean Sd t Result Premerger 3 27.03 1.597 1.204 NS Post merger 1 24.81 0 Graph 3.15 showing Pre and Post Merger Operating Ratio of ICICI Bank Interpretation- The operating profit ratio of ICICI Bank before merger was 27.03. After mergering, it was decreased to 24.81. The test of difference of mean was found to be non significant as t=1.204 lt; tab= 2.920 at 5% level of significance. The hypothesis taken that there is considerable difference between pre and post merger financial performance is proved to be accepted. NET PROFIT RATIO OF ICICI BANK Table 3.18 showing T test of Net profit of ICICI Bank Period N Mean Sd t Result Premerger 3 10.35 0.552 -8.719 S Post merger 1 15.91 0 Graph 3.16 showing Pre and Post Merger Net Profit Ratio of ICICI Bank Interpretation- The net profit ratio of ICICI Bank before merger was 10.35. After merging, it was increased to 15.910. The test of difference of mean was found to be significant as t=8.719 lt; tab= 2.920 at 5% level of significance. The hypothesis taken that there is considerable difference between pre and post merger financial performance is proved to be rejected. EPS OF ICICI BANK Table 3.19 showing T test of EPS of ICICI Bank Period N Mean Sd t Result Premerger 3 35.24 1.891 -4.347 S Post merger 1 44.73 0 Graph 3.17 showing Pre and Post Merger EPS of ICICI Bank Interpretation- The earning per share of ICICI Bank before merger was 35.240. After mergering, it was increased to 44.73. The test of difference of means was found to be significant as t=4.347 lt; tab= 2.920 at 5% level of significance. The hypothesis taken Mergers in Indian Corporate Sector in general resulted in value addition to shareholders is rejected. ROI OF ICICI BANK Table 3.20 showing T test of ROI of ICICI Bank Period N Mean Sd t Result Premerger 3 67.17 13.534 1.549 NS Post merger 1 42.97 0 Graph 3.18 showing Pre and Post Merger ROI of ICICI Bank Interpretation- ROI of ICICI Bank before merger was 67.17. After merging, it was decreased to 42.97. The test of difference of mean was found to be non significant as t=1.549 lt; tab= 2.920 at 5% level of significance. The hypothesis taken Mergers in Indian Corporate Sector in general resulted in value addition to shareholders is accepted. DIVIDEND PAYOUT RATIO OF ICICI BANK Table 3.21 showing T test of Dividend Payout Ratio of ICICI Bank Period N Mean Sd t Result Premerger 3 30.31 1.986 -0.429 NS Post merger 1 31.29 0 Graph 3.19 showing Pre and Post Merger Dividend Payout Ratio of ICICI Bank Interpretation- The dividend payout ratio of ICICI Bank before merger was 30.30 After merging, it was slightly increased to 31.29. The test of difference of mean was found to be non significant as t=0.429 lt; tab= 2.920 at 5% level of significance. Hence the hypothesis taken that Mergers in Indian Corporate sector in General resulted in value addition to shareholders is accepted. DEBT EQUITY RATIO OF ICICI BANK Table 3.22 showing T test of Debt Equity Ratio of ICICI Bank Period N Mean Sd t Result Premerger 3 6.39 2.721 0.731 NS Post merger 1 4.1 0 Graph 3.20 showing Pre and Post Merger Debt Equity Ratio of ICICI Bank Interpretation- The debt equity ratio of ICICI Bank before merger was 6.39. After merging, it was decreased to 4.10. The test of difference of mean was found to be non significant as t=0.731 lt; tab= 2.920 at 5% level of significance. Hence the hypothesis taken that There is considerable difference between pre and post merger financial performance is accepted.
Wednesday, May 6, 2020
Irony In George Orwells Shooting An Elephant - 854 Words
In George Orwellââ¬â¢s 1936 essay, ââ¬Å"Shooting an Elephantâ⬠, Orwell thoroughly describes his position in Burma, India during a period of British imperialism. Though Orwell is a police officer working for the British, his mind varies in the feelings he has towards his position. Orwell feels ambivalence, as he thinks that his position is controversial because he despises imperialism, yet when trying to do his job and simultaneously please the Burmese, Orwell receives contempt from them. Orwell tries to convey his ambivalence and contradictory feelings by showing the extent to which he is abused in Burma using irony, by portraying the effects of his position on him using juxtaposition, and by showing his inner guilt regarding the Burmese usingâ⬠¦show more contentâ⬠¦The oxymoron allows the reader the gain an insight into how the actions of the Burmans are affecting Orwell and the reader is also able to see the growth of confusion in regards to Orwellââ¬â¢s feeling s. Orwell also starts to feel the effects of his position in Burma on himself. He feels as if he is ââ¬Å"stuck between [his] hatredâ⬠and his ââ¬Å"rage against the evil spirited little beasts who tried to make [his] job impossibleâ⬠(277). This furthers shows the reader the inner conflict Orwell is having. The use of juxtaposition, in which Orwell works for an empire he hates, contradicts the idea and purpose of his job. The inner turmoil that Orwell is having is making an impact on him as he is constantly thinking about the consequence of imperialism on himself and his surroundings. Orwellââ¬â¢s creation of juxtaposition assists the reader in distinguishing the contrast in his feelings. The audience is able to clearly discern his torn opinion regarding his position. In paragraph 2, Orwell furthers his pessimistic attitude by describing the situation as ââ¬Å"perplexing and upsettingâ⬠. Orwell uses this a tool to demonstrate to the reader that he is truly affe cted by the harassment from the Burmese, and it is adding to the abhorrence he has for both imperialism and Burma. Owell clearly portrays his guilt regarding the Burmese by illicitly describing the ââ¬Å"wretched prisoners huddling in the stinkingShow MoreRelatedAnalysis of George Orwells Shooting an Elephant Essay example1050 Words à |à 5 PagesTechnique Analysis of ââ¬ËShooting an elephantââ¬â¢ Written by George Orwell Essay by Arthur Diennet In 1936, George Orwell published his short story ââ¬ËShooting an elephantââ¬â¢ in an English magazine. Since then, it has been republished dozens of times and holds a place as a definitive anti-colonial piece of literature, in an era where the British Empire was at its peak and covered almost 1/3 of the Earthââ¬â¢s surface. George Orwell believed that ââ¬Å"â⬠¦imperialism was an evil thing...â⬠and uses much themesRead MoreEssay about Shooting an Elephant by George Orwell1527 Words à |à 7 PagesShooting an Elephant by George Orwell Few supervisors experience lack of respect and denunciation from workers because of their positions in a company. Supervisors take actions to preserve the image of authority before subordinates and from being ridiculed by their workers, even if the supervisors object these types of actions. The essay Shooting an Elephant relates to this situation. The author of this essay is George Orwell. The author talks about his work and personal experience that emphasizesRead MoreCritical Analysis Of Shooting An Elephant1165 Words à |à 5 PagesIn George Orwellââ¬â¢s story ââ¬ËShooting an Elephantââ¬â¢, insight is given into the life of an oppressor in the British Empire. Orwell, having undergone a significant personal experience, illustrates his experience of imperialism and the resounding effects is has on the ethical conduct and ideals of man, not only of the oppressed but also in regards of the oppressor. Orwellââ¬â¢s ââ¬ËShooting an Elephantââ¬â¢ attempts to convey the s acrifice of oneââ¬â¢s morality in service of imperialism. Through the spread of the BritishRead MoreShooting an Elephant840 Words à |à 4 PagesDISCUSS ORWELLS USE OF PERSUASIVE TOOLS SUCH AS, SYMBOLISM, METAPHORS AND IRONY IN THIS ESSAY AND EXPLAIN HOW HE USES EACH OF THESE TO CONVEY HIS ARGUMENT OR MESSAGE In the extract, Shooting An Elephant Orwell conveys his message through the use of various persuasive tools. He wants the reader to identify when somebody assumes power. This technique is used to show that the powerful are also a captive to the will of people they control. Everyone involved in the situation becomes affected. InRead MoreGeorge Orwells Style of Writing Essay example1038 Words à |à 5 PagesJust by a simple glance at George Orwells style of writing one can grasp a lot. He first starts the essay by discussing how the narrator was poorly treated in Lower Burma when serving as a police officer. More specifically the narrator states, I was hated by large numbers of people,, and anti-European feeling was very bitter. From there one could interpret that although he was a British soldier with much power he was baited whenever it seemed safe to do so. He then goes into much detail andRead MoreAnalysis Of George Orwell s Shooting An Elephant 941 Words à |à 4 Pages5 Febru ary 2015 Analysis Essay à à à à à à à à George Orwellââ¬â¢sà ââ¬Å"Shooting an Elephantâ⬠is a story about the experience of the narrator who was asked to shoot a wild elephant. He was a police officer who worked for British imperialists and killing the elephant would help him receive good judgement from the villagers in Burma. Orwell says that imperialism is evil and should be eliminated while others think that it is good for the public. The purpose of Orwellââ¬â¢s story is to show the audience that imperialismRead MoreAnalysis Of George Orwell s Orwell Shooting An Elephant 1189 Words à |à 5 Pages à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à ââ¬Å"Orwellââ¬â¢s Shooting an Elephantâ⬠: Effect of Imperialism in Burma Imperialism is a state of mind, fueled by the arrogance of superiority that could be adopted by any nation irrespective of its geographical location in the world. 1. Evidence of the existence of empires dates back to the dawn of written history in Egypt and in Mesopotamia, where local leaders extended their realms by conquering other states and holding them, when possible, in a state of subjection and semiRead More George Orwells Writing Essay examples899 Words à |à 4 PagesGeorge Orwells Writing George Orwell is best known for his fiction writing, particularly Animal Farm and 1984. In Shooting an Elephant he demonstrates his talent in non-fiction writing. Not everyone was familiar with the way in which the British Imperial rule worked and Orwell uses his rhetorical language to bring the readers of his essay into the immediate world that was that of an imperial officer. Orwell?s essay is written in the first person perspective. This was done deliberatelyRead MoreBritish Colonialism And British Imperialism1254 Words à |à 6 Pages simply hinting at their disapproval while others went out of their way to make their voice heard and their opinion crystal clear. This style of writing, no matter how the author went about it, was known as postcolonialism. Both Joseph Conrad and George Orwell apply postcolonialism theories to their writings and through the careful use of language, express their disdain for British Imperialism. Conrad and Orwell both cleverly employ powerful diction to assert their views on British ImperialismRead MoreAnalysis Of George Orwell s The Elephant 1034 Words à |à 5 PagesGeorge Orwell began the essay with his perspective on British domination. He stated that it is evil and alongside of that it is oppressive. He felt hatred and guilt toward himself and the Burmese people. The people of Burma did not feel threatened because the narrator of the story had killed the elephant. The Burmese people have lost their dignity and integrity while trying to fight off the British imperialism. Orwell uses allegories to describe his experience of the British imperialism and he had
Multiple discrimination and gender equality free essay sample
Anti-discrimination practice aim is to stabilize harmful effects of discrimination on children and young people to take actions against the discrimination in all ways. We shouldnââ¬â¢t be taken in in any kind of activities that could be realized as discriminatory or potentially insulting to individuals and in groups. The school must have the policies that give us the supervision on anti-discriminatory practice.important that we should examine our own attitude, values, and behavior. Our behaviour, attitude have impact while we are working with the children. It can affect in positive and negative ways. It is important to identify the personââ¬â¢s background and experiences which also have an impact on the development of individuals or group. For example, if we are looking about the learning of the children cultures and background, skills and interests and specific need of the child and young people this will help us to provide us more active, appropriate support as it will give us variety of information of different cultures. We will write a custom essay sample on Multiple discrimination and gender equality or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page We will be able to talk in a suitable way. We will also be able to know about their care and the things they are involved in.Our behavior has a negative impact on the children. In my setting, there is a child who has always some issues with the other children. If he/she is working together they are not sharing pencils and rubber with others and have a dispute with other children while they are standing in a queue. If they are complaining to me about the other children of misbehaving. I should not be angry with them and should realize them that I feel happy when I am helping them and make sure that they are safe and happy.It is important that children should pass positive messages and information to the peers and their significance in the world to develop them the strong sense of self-respect. We should give respect to others values and beliefs. We should also make sure that we should help the extra needs children . We should help them by keeping ourselves in boundaries . We should give sometimes to handle their things by themselves. It is important to reflect on the methods in which our training can be influenced by the belief values and behavior and make sure we should give real and skilled support to the children and young people
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