Foreign Debt Crisis Management free essay sample

The topic of assignment is to study the debt crisis management and impact of un-hedged exposure aspects of RCom – a major Telecom Service provider in India. RCom has entered in high-debt levels i. e Rs 35000 crore and it has been further compounded because of the steep depreciation of the rupee, where nearly three-fourths of Loan is in foreign currency. RCom has implemented refinancing strategy for the loan outstanding by Industrial and Commercial Bank of China (ICBC), China Development Bank (CDB), Export Import Bank of China (EXIM), and other banks. This strategy will be benefited from extended loan maturity of seven years and attractive interest cost of about 5 per cent and the loan would be used for refinancing the entire redemption amount of FCCB. In this assignment, I have studied the financial crisis management part which is managed by the company with some strategic move of loan refinancing and a smart move of fund raising through listing of Flag telecommunication at Singapore and set an indicative price range for the Singapore initial public offering of its undersea cable unit (Flag Telecommunication) that could raise as much as $1 billion and help to reduce its debt load. We will write a custom essay sample on Foreign Debt Crisis Management or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I have also studied the impact of heavy debt on companys financial credit worthiness and impact of rupee devaluation on overseas loan taken from China and loss incurred due to huge exposure of un-hedged transactions. Reliance Communications Limited is the flagship Company of Reliance Group, one of the leading business houses in India. Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The Company, with a customer base of 152 million as on March 31, 2012 including over 2. million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country. Reliance Communications corporate clientele includes over 35,000 Indian and multinational corporations including small and medium enterprises and over 800 global, regional and domestic carriers. Reliance Communications has established a pan-India, next generation, integrated (wireless and wire line), convergent (voice, data and video) digital network that is capable of supporting best-of-class services spanning the entire communications value chain, covering over 24,000 towns and 600,000 villages. Reliance Communications owns and operates the world’s largest next generation IP enabled connectivity infrastructure, comprising over 277000 kilometers of fiber optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region. Assignment analysis and study RCom has entered in high-debt levels i. e Rs 35000 crore because of high capital investment for changes in industry landscape, rapid emergence of newer business opportunities like 3G, mobile broadband data, etc, and evolving regulatory framework. RCom continues to actively evaluate and execute the most relevant organization structure to address the market opportunity. In the 2 years, RCOM has taken several measures to reduce its mounting debts. 1. Reliance Communications has secured loans from a host of Chinese banks to refinance $1. 18 billion worth of outstanding foreign currency bonds due for redemption. The deal has provided RCOM a major support, where company is trying for more than a year to sell its telecoms tower unit to cut the companys about $6. 5 billion debt. Reliance Communications said Industrial and Commercial Bank of China, China Development Bank Corp, Export Import Bank of China and other banks were funding the refinancing of the outstanding foreign currency convertible bonds (FCCBs). The company said it would benefit from extended loan maturity of seven years and attractive interest cost of about 5 percent, sending its shares up as much as 5. 7 percent in a Mumbai market that rose 1. 5 percent. The FCCBs were issued in February 2007 when the Indian markets were booming, with a conversion price of 654 rupees a share. Cut-throat competition among Indias mobile phone operators has since hit earnings and shares have plunged. Reliance Communications shares were trading around 90 rupees, a fraction of the conversion price. Reliance Communications has talked with China Development Bank for a syndicated loan to redeem the bond. China Development Bank arranged loans worth $1. 93 billion for Reliance Communications, which the company used to finance radio airwaves it acquired during a costly 3G auction, as well as for the purchase of equipment. With its bruising debt load and a ferociously competitive 15-operator arket, Reliance Communications has reported eight straight quarters of falling profits. Reliance communications has tried once again and talked with U. S. buyout giants Carlyle Group and Blackstone Group on a deal for the towers business which could be worth more than $3 billion, but unfortunately the deal is not closed to completion. 2. RCom has filed a prospectus with the Singapore Stock Exchan ge and plans to divest as much as 75% stake in Flag Telecom to raise about $1 Billion- Reliance Communications was looking to secure a leasing agreement for its towers from Reliance Industries, before pressing forward with a tower sale. It has also not settled. The efforts to sell a majority stake in Reliance Infratel are still to fructify, in the mean time company has decided the listing of Reliance Globalcom. , where the Reliance Globalcom can help the company to raise Rs 50 billion-Rs 65 billion by divesting 75 per cent stake in its submarine cable business. The issue has opened at a price range of $1. 09-$1. 32 per unit. The bankers for the issue include Deutsche Bank, DBS of Singapore, Standard Chartered and the Industrial and Commercial Bank of China. Reliance Globalcom will be listed under the business trust structure. Post the listing, the company’s submarine assets and business will continue to be controlled by the existing management. RCOM will continue to hold the remaining 25 per cent equity stake. A. Background of Reliance Globacom Reliance Globalcom was formed in 2003 as a result of an amalgamation of Flag Telecom with the Reliance Group for $207 million. Flag, which had emerged from bankruptcy proceedings and had been on the block for over a year before being acquired by Reliance, was reeling under losses. However, the acquisition gave Reliance a foothold in the global business arena with over 50,000 km of submarine cables, thereby ending Tata Communications’ monopoly in the undersea cable field. From 2005, Flag embarked on an expansion path and finally broke even in September 2006. It introduced several higher-value-added products, including international private leased circuits (IPLCs), virtual private networks (VPNs) and Ethernet services. This accelerated the company’s revenue growth and increased its profitability. Flag Telecom later came into the fold of RCOM, led by Anil Ambani, after the Reliance Group’s businesses were split between the brothers, Mukesh and Anil Ambani. In 2008, the company was integrated into RCOM’s international operations under the Reliance Globalcom brand. B. Cable network of Flag Telecom Reliance Globalcom owns the largest private cable network in the world with over 277,000 route km of fibre optic cables. This includes 68,000 km of subsea fibre. Through strategic relationships with over 750 network service providers across the world, Reliance Globalcom provides assured connectivity to 163 territories worldwide. This makes RCOM a carrier’s carrier as it provides global connectivity solutions to carriers and internet communities through its submarine cable system. The company has cable landing tie-ups across 46 locations in 26 countries with 31 partners. The company’s global backbone spans four continents, connecting key business markets in Asia, Europe, the Middle East and the US. The network consists of five cable systems – FLAG Europe Asia (FEA), FLAG North Asian Loop (FNAL), FLAG Atlantic 1 (FA-1), FLAG Alcatel-Lucent Optical Network (FALCON) and HAWK. The company also owns and operates a low latency, global MPLS-based IP network, which connects most of the world’s principal international internet exchanges. FNAL represents a part of the 9,800 km North Asian Loop submarine, an intra-Asia submarine cable system that links Japan, Korea, Taiwan and Hong Kong in a ring configuration. The entire FNAL submarine cable system consists of six pairs of fibre, three of which are owned by Reliance Globalcom.

Dangerous Household Chemicals in Common Products

Dangerous Household Chemicals in Common Products Many common household chemicals are dangerous. They may be reasonably safe when used as directed, yet contain toxic chemicals or degrade over time into a more dangerous chemical.   Dangerous Household Chemicals Heres a list of some of the most dangerous household chemicals, including the ingredients to watch for and the nature of the risk. Air Fresheners.  Air fresheners may contain any of a number of dangerous chemicals. Formaldehyde irritates the lungs and mucous membranes and may cause cancer. Petroleum distillates are flammable, irritate the eyes, skin, and lungs, and may cause fatal pulmonary edema in sensitive individuals. Some air fresheners contain p-dichlorobenzene, which is a toxic irritant. The aerosol propellants used in some products may be flammable and may cause nervous system damage if inhaled.Ammonia.  Ammonia is a volatile compound that can irritate the respiratory system and mucous membranes if inhaled, can cause a chemical burn if it is spilled on skin, and will react with chlorinated products (e.g., bleach) to produce deadly chloramine gas.Antifreeze.  Antifreeze is ethylene glycol, a chemical which is poisonous if swallowed. Breathing it can cause dizziness. Drinking antifreeze can cause serious brain, heart, kidney, and other internal organ damage. Ethylene glycol has a sweet flavor, so it is attractive to kids and pets. Antifreeze typically contains a chemical to make it taste bad, but the flavor is not always a sufficient deterrent. The sweet smell is enough to lure pets. Bleach.  Household bleach contains sodium hypochlorite, a chemical that can cause irritation and damage to the skin and respiratory system if inhaled or spilled on the skin. Never mix bleach with ammonia or with toilet bowl cleaners or drain cleaners, as dangerous and possibly deadly fumes may be produced.Drain Cleaners.  Drain cleaners typically contain lye (sodium hydroxide) or sulfuric acid. Either chemical is capable of causing an extremely serious chemical burn if splashed on the skin. They are toxic to drink. Splashing drain cleaner in the eyes may cause blindness.Laundry Detergent.  Laundry detergents contain a variety of chemicals. Ingestion of cationic agents may cause nausea, vomiting, convulsion, and coma. Non-ionic detergents are irritants. Many people experience chemical sensitivity to dyes and perfumes present in some detergents.Mothballs.  Mothballs are either p-dichlorobenzene or naphthalene. Both chemicals are toxic and known to cause dizziness, headaches, an d irritation to the eyes, skin, and respiratory system. Prolonged exposure can lead to liver damage and cataract formation. Motor Oil.  Exposure to the hydrocarbons in motor oil can cause cancer. Many people are unaware that motor oil contains heavy metals, which can damage the nervous system and other organ systems.Oven Cleaner.  The danger from oven cleaner depends on its composition. Some oven cleaners contain sodium hydroxide or potassium hydroxide, which are extremely corrosive strong bases. These chemicals can be deadly if swallowed. They can cause chemical burns on the skin or in the lungs if the fumes are inhaled.Rat Poison.  Rat poisons (rodenticides) are less lethal than they used to be, but remain poisonous to people and pets. Most rodenticides contain warfarin, a chemical which causes internal bleeding if ingested.Windshield Wiper Fluid.  Wiper fluid is toxic if you drink it, plus some of the poisonous chemicals are absorbed through the  skin, so it is toxic to touch. Swallowing ethylene glycol can cause brain, heart, and kidney damage, and possibly death. Inhalation can cause dizzin ess. The methanol in wiper fluid can be absorbed through the skin, inhaled, or ingested. Methanol damages brain, liver, and kidneys and can cause blindness. The isopropyl alcohol acts as a central nervous system depressant, causing drowsiness, unconsciousness, and potentially death.​

Organizational Behaviour 2 Essay Example | Topics and Well Written Essays - 3000 words

Organizational Behaviour 2 - Essay Example The role of Patch Adams was portrayed by one of the most revered actors of contemporary times, Robin Williams, known for his wit and genuine love for humor. The modes of communication used in the movie would be discussed and evaluated in the light of theories of both verbal and nonverbal communication, used as an integral and critical part of the healing process of patients. The development of language as a means of communication has enhanced the growth of interrelationships with people all over the world. Language facilitated the replacement and expression of behavior with concrete and concise messages. There is little doubt that language – the ability to communicate with words, whether in speech, writing, or signing – is one of the attributes that make one human, perhaps the most basic one. In any organized system, whether in business, politics, the academe, or in health care, the influence of theoretical perspectives in communication has evolved from a simple framework to the complex structure we have today. The development of communication theories opened a whole spectrum of information which enhanced the interaction and interrelationships among people from diverse walks of life. According to Delaune & Ladner (2006, 270), communication is the â€Å"process of transmitting thoughts, feelings, facts, and other information† through verbal or non-verbal means. Verbal messages are messages communicated with the use of words and language. These messages can either be spoken or written. Non verbal communication, on the other hand, is the process of transmitting messages without words, that is, through body language (Delaune & Ladner, 2006, 275). Non verbal communication is usually understood as the process of communication through sending and receiving wordless messages. In another study conducted by Stuart & Laraia (2001), communication was described as having prominent

Whole Foods Market in 2008 Case Study Example | Topics and Well Written Essays - 500 words

Whole Foods Market in 2008 - Case Study Example e firm realize that provision of nutritious food products to the consumers would enhance consumers’ preferences of its products and in turn would generate competitive position in the market. The strategy for Whole Foods Market has great compatibility with the present conditions prevailing in the section of organic and natural foods in the retail food industry. This compatibility can be proved from the huge success that the firm has generated over the previous two decades or so. One of its main strategic elements i.e. the people has accepted its performance across the world and the firm is now bestowed with both satisfied customers and satisfied team members (Thompson, 2008). John Mackey, the present CEO of Whole Foods Market is deemed to hold strong strategic vision for the firm. He has kept his performance level in line with his strategic vision throughout the several years of his reign in the organization. His achievement by maintaining high level of performance is evident from the firm’s products of higher quality, firm’s stores across the home country (US) and certain locations outside the country and enhanced incentives being offered to Whole Foods’ team members operating all over the stores chains (Thompson, 2008). Company’s success is heavily dependent on the perceptions and notions of the people within an organization and the core values play the most important role in motivating the people towards achieving success. It is important for an organization to effectively design its core values. The core values determine the path to be followed by the organization’s personnel and it is the core values which creates one common goal in the minds of every person within an organization. Core values are at times so effective that they lead the organization towards framing the long term strategic vision (Collins & Porras, 1996). Considering the financial performance of Whole Foods Market, during the year 2008, it can be stated that the firm was not in

Errors to Avoid In a Business Letter Essay Example | Topics and Well Written Essays - 750 words

Errors to Avoid In a Business Letter - Essay Example The first error to avoid in a business letter is the use of the irrelevant material in the document. People tend to incorporate a series of irrelevant words in an attempt to please the reader. The use of an irrelevant material is a serious error that makes the written document long, boring and of poor quality. The writer may use long descriptions in order to portray their knowledge in the field. As a result, the reader may fail to comprehend the core purpose of the letter. The use of technical jargon and complex words in a business document frustrates the reader and thus contributes to miscommunication. In business writing, a skilled writer is expected to produce documents with excellent word choice. A writer may say, â€Å"The employees are very concerned with how the layoffs will affect their lives.† This sentence is improper because it uses similar words to express the employees’ reaction to layoffs. In the stated example, the writer is expected to say â€Å"Employees fear that the layoff will affect their morale.† The ideal way to avoid using irrelevant material involves selectively choosing appropriate words that best communicate the intended message. Ambiguous phrases such as ‘It is advisable’ should not be included in business letters. Writers should focus on clear, concise statements that communicate the intended message. Grammatical errors are intolerable in business writing. These errors may be in the form of improper use of verb forms, transitions, and articles. Writers may also incorporate unclear pronoun references, or they may incorrectly use subject/object pronouns. Grammatical errors may be perceived negatively by the reader. The reader may perceive the writer as careless or may fail to acknowledge the seriousness of the written information. Transition errors for example â€Å"The press release was long although the public needed the information.†

Shylock, the Hated Jew of The Merchant of Venice :: Merchant of Venice Essays

Shylock, the Hated Jew of The Merchant of Venice      Ã‚  Ã‚   Many of William Shakespeare's plays have sparked controversy.   Probably the one that has sparked the most controversy is The Merchant of Venice, which many intellectuals have dubbed an anti-Semitic play.   The character that this discussion centers around is Shylock, the rich moneylender Jew.   The problem with most of these anti-Semitic arguments is that they lack the perspective of the sixteenth century audience.  Ã‚   Throughout Shakespeare's The Merchant of Venice (M of V), the audience's perception of Shylock moves between utter hatred and varying amounts of pity.   In contrast to today's audience, the original sixteenth century audience saw Shylock's religion as his biggest shortcoming.      Ã‚  Ã‚  Ã‚  Ã‚   Our first glimpse of Shylock's character comes in Act I, scene 3, where Shylock reveals to the audience why he hates Antonio.   The first reason he gives of why he hates Antonio is because he is a Christian.   (I. iii. 43)   This to the sixteenth century audience would be unreasonable, and this would evoke a sort of villainy towards Shylock.   But a few moments later, the audience witnesses Shylock's speech about Antonio's abuses towards Shylock.   (I. iii. 107-130) This speech does well in invoking the audience's pity, however little it might be in the sixteenth century.   But again at the end, Shylock offers that Antonio give up a pound of flesh as penalty of forfeiture of the bond, which Antonio sees as a joke, but which Shylock fully intends to collect.   (I. iii. 144-78) This action negates any pity which Shylock would have one from the audience just a few moments before.   Shakespeare, in this scene, uses Shylock's dialogue and soliloquies to push loyalties of the audience back and forth in a result of a negative view of Shylock.      Ã‚  Ã‚  Ã‚  Ã‚   In Act II, scene 8, Salarino and Salanio describe to the audience Shylock's reaction when he finds out that his daughter, Jessica, has run away to marry a Christian.   Says Salanio:      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   "I never heard a passion so confused,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     So strange, outrageous, and so variable,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     As the dog Jew did utter in the streets:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     'My daughter!   O my ducats!   O my daughter!   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Fled with a Christian!   O my Christian ducats!

Progress and Technology Essay

The technology is such an important part of people lives that truly could not live without it, and it’s really has an influence to many people today in the whole world! How danger is this for the society depending on how they communicate, and progress their own lives with this technology? First of all Technologies play a very important role for most of adults, and especially teenagers because it makes life easier to live on and faster to do something. It is really helps people to communicate faster and easier than do hard labor from time to time whenever he/she want to talk to love ones, friends, and also family. Smartphones in our daily life today can capture sharp images with deeper colors compared to the cameras in competing smartphones. It can record high-definition video, and has two front-facing stereo speakers that could use for better documentary if having a filming or something. Individuals marketing businesses that could finish their presentation to work or something for a rushing day as a result of this really make jobs of people made easier than the old source to obtain source about something a person needs. Due to the cases of using technology like cellphones on texting while driving is very dangerous for young teenagers this is one of the most problem of the society today . As a matter of fact these incidents of accidental everyday always happen because of this problem about texting while driving. Those most of the teenagers exceedingly cannot live without cellphones and computer even in just twenty-four hours. It just depends on how people use it like they see a scandal scene in some place or about their friends or family then captured it, and send to a friend who knows the person. People have to had discipline on how using time in a manageable way about technology and daily life it is people duty to be discontented, but do not set aside other importan t things in daily life living.

How to Wake Up Feeling Motivated

How to Wake Up Feeling Motivated Weve all been there. The alarm goes off in the morning and we groggily feel around the nightstand in search of the alarms snooze button to snag a few more minutes of those precious Zzs. However, repeatedly hitting that snooze button isnt always the best way to start the day. In fact, research has shown that some of the most successful people in the world have found a secret that has helped them achieve greatness. What is it? A great morning routine. Thats right, what you do in the morning can set the tone for the rest of your day. Check out these tips for building an effective morning routine - one that you may actually stick with! 1. Prepare the Night Before Believe it or not, when it comes to tips on how to wake up, the best morning routine will actually depend on what you do the night before. Before you crawl under the covers and get cozy, take the time to review your day and plan out your morning. Write down any details of ongoing projects or problems that may be troubling you that could affect your ability to get a good nights sleep. Writing down your worries can help you relax, knowing that you can tackle them another time. You can also take the time to write down a list of things you know you have to do the next day, which can drive your productivity both in the morning and throughout the rest of the day, too. Figure out what you need to take with you to school or work, or wherever youre going the next day, and pack up your bag or prepare your lunch so you can grab and go. Lay out your clothes so you know what to put on to leave the house. All these steps will ease your mind at night and make your morning smooth and simple. 2.  Get a Good Nights Sleep How to wake up feeling refreshed and developing an effective morning routine is reliant on you being well rested and ready to go. Research has shown that for many adults, getting 7-8 hours of sleep is ideal, though everyone differs. Find out what your sweet spot is and aim to log that many hours of shut eye each and every night. Make sure your room is quiet; use a noise canceling machine, white noise app on your phone, or even just a fan to block out the noises around your home. Make sure there arent any bright lights that could affect your ability to sleep, either. Our bodies are biologically programmed to sleep when its dark out; if your room isnt dark enough, you might consider getting room darkening drapes or wearing an eye mask so your body can rest better. 3. Dont Hit the Snooze Button Many of us hit that snooze button until the last possible second and then race through getting ready as fast as possible. However, waking up when the alarm goes off the first time can actually be a great way to get your body up and running. There are alarms that fly or roll away when they go off, requiring you to get up out of bed to turn them off. Once youre up, stay up! Your body wont really benefit from capturing a few more minutes of rest. 4. How to Wake up Early Set your alarm for earlier in the morning than you might normally set it. This way, you give yourself time to get ready for the day, and you can fit in the activity that you plan on doing. Not giving yourself enough time to accomplish your morning goals, make and eat breakfast, and complete your entire routine is a recipe for disaster. Not to mention that rushing to get out the door is only going to give you a stressful start to your day. So, be sure to get up early enough to fit in everything you want to do, with time to spare. You might even be able to sneak in an extra cup of coffee (after youve had some water to hydrate)! 5. Set an Agenda with an Activity for the Morning Have a plan for what you want to do in the morning, and stick to it. Whether your goal is to get up and read an article or book for educational or inspirational purposes, check your email to see what youre facing for the day, do some chores, exercise, or even play a game, having an objective to complete is a great way to get your body and mind motivated. Tackle that crossword in the newspaper, cook up a healthy and gourmet breakfast, or engage in a creative or physical activity to rev your internal engines and get ready for the day. Get out and run a mile, bike to get your morning smoothie, or take your dog for an extra long walk. No matter what physical activity you choose, this can be a great way to get your blood flowing and heart pumping, energizing you for the day. Plus, exercise is a healthy part of your daily routine in general, improving your quality of life in many ways, from strength and agility to mental clarity. 6. Hydrate When You Wake Youve just gone approximately eight hours without eating or drinking, so your body could use a pick me up. Dont rush for that cup of coffee just yet, though. Many experts suggest that you might try drinking some water to jump start your metabolism first. Starting with water in the morning will even help you make progress in getting your daily servings of H20, so you stay hydrated all day long. 7. Take Time to Meditate and Reflect Many people find that taking 10-15 minutes in the morning to meditate and reflect helps them start the day peacefully. Relaxing, letting the worries of the day go, and focusing on the positives in your life can help you feel uplifted and inspired to take on even the most challenging day. 8. Call a Loved One Starting your morning by connecting with a beloved family member or best friend can be a great way to energize yourself and set a positive tone for the day. It can help you connect with friends and family who live far away (check your time zones, though!) and remind you of what youre thankful for in life.

ITM501 SLP 1

ITM501 SLP 1 A web browser is a piece of software that requests, decodes and then presents the files that constitute internet pages. â€Å"Without doubt Microsofts Internet Explorer and Mozillas Firefox are by far the frequently used browsers, but there are most certainly at least 50 to 70 others that are readily available for public use, and nearly all of them have their loyal followers and supporters† (Ackoff, 1989, p. 3).Advertising We will write a custom essay sample on ITM501 SLP 1 specifically for you for only $16.05 $11/page Learn More On the other hand, two other main players in the web browser business are Googles Chrome and Opera, which have superseded many versions. Different browsers give the impression to have diverse degrees of utility reliant on the materials to be gained access to and the use to be made of the material by the recipient. The progressive growth of the internet in the 1990s and 2000s shows that present browsers with small market stock s have increased their market share as compared to previous times. For example, 90% market segment in 1997 represented approximately 60 million users, but by the end the 2007 fiscal year, 9% market segment represented over 90 million users. (Bellinger, Durval Mills, 2009, p.1) Microsoft’s Internet Explorer has gone through evolution since 1995 when it first appeared for use up to date. Mozilla which appeared in market much later as compared to Internet Explorer in 1998 also has evolved albeit at a faster rate. Apart from the two that are widely used, there is Opera and Phoenix which developed later, but their progress has not been so fast. Different web browsers are compatible to different operating system which in some way affects the processing speed of browsers. There are settings that can make different browsers (especially earlier versions) to be compatible with different Operating Systems (Ackoff, 1989). Mozilla’s Firefox and Microsoft’s Internet Explorer are more compatible with many both earlier and later versions of the Operating System while on the other hand Opera and Phoenix are not compatible with earlier versions since they do not have in-built settings of compatibility (Blair, 2011). Internet Explorer and Mozilla Firefox are the browsers that I often use. They are easy to access and their speed is relatively high. The news sites that I visit most are nation.co.ke and eaststandard.net since I like remaining updated with world events taking place in the news. These are news sites which have clear pictures.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Using the above browsers is easy since they do not need authority to get access the sites (Prince, 2008). Microsoft’s Internet Explorer which is inbuilt in new laptops and computers further makes it affordable to more people since no expenses are incurred of buying it (Ackoff, 1989). Internet Explorer and Mozilla they are user-friendly because they have dialogue boxes which appear on the screen during browsing. Such dialogue boxes help one to avoid suspicious sites and viruses. They offer different internet suggestions which would be helpful to the user depending on the sites that are commonly accessed by the user. Moreover, browsing is much faster and direct as opposed to Opera and Phoenix which are relatively harder to use while browsing (Bellinger, Durval Mills, 2009). With recent development of mobile internet, it is of concern that there could be web browsers that are compatible with mobile settings. However, research (Blair, 2011) shows that results are unknown when these web browsers can be installed in mobile phones for full time use. The explanation for this is that some the software required is bulky in size (in terms of their storage requirement in Mega Bundles (MB)) which may exceed most phone memories. As a response to this challen ge, Opera has developed its browser to be able to fit most mobile phone settings which is called Opera mini which makes phone browsing fast and reliable (Gadomski, 1999). â€Å"Browsing features like Bookmark, Download and Password Management as well as Spell checking, Search engine, toolbar, and Per-site security configuration have been used to make browsing easier and friendlier† (Gadomski, 1999, p.48). All these features are accessible when one is using Internet Explorer and Mozilla Firefox but Opera and Phoenix have limited access to such features. As technology continues to develop more and more so is web browsing development, and the corollary of these developments is that there has been an increase in features, utilities and tools that are user friendly and more affordable for users.Advertising We will write a custom essay sample on ITM501 SLP 1 specifically for you for only $16.05 $11/page Learn More References Ackoff, R.L. (1989). From data to wisdom. Journal of Applies Systems Analysis, 16(2), 3-9. Bellinger, G.H., Durval, C.K., Mills, A.J. (2009). Data, Information, Knowledge, and Wisdom. Retrieved from systems-thinking.org/dikw/dikw.htm Blair, A.H. (2011). Information Overload, Then and Now. The Chronicle Review. Retrieved from https://www.chronicle.com/article/Information-Overload-Then-and/125479/?sid=crutm_medium=enutm_source=cr Gadomski, A.M. (1999). Information, Preferences and Knowledge: An Interesting Evolution in Thought. Yeppoon, Qld: Capricorn Press. Prince, B.Y. (2008). Test Finds Google Chrome, Apple Safari Weakest in Browser Password Management. Upper Saddle River, NJ: Pearson.

CRIMINAL JUSTICE 1 question Coursework Example | Topics and Well Written Essays - 500 words - 1

CRIMINAL JUSTICE 1 question - Coursework Example Why is this problematic? The first issue is environmental. According to Lyman (2011, page 428), â€Å"as a result, Colombian peasants who are dependent on the coca crop as their only source of income have moved into the Amazon rainforests. The movement of coca growers to rainforest has resulted in the clearing of at least 1.75 acres of rainforest.† It is clear that one cannot solve a problem by causing another one. In this case, in an attempt to stop the drug trade at its source, policy makers and state agents are destroying important natural resources that are vital to the ecosystem and indeed to the planet. Secondly, the use of forced eradication of crops (through aerial spraying) creates wide and alarming social problems that will only have more disastrous consequences. According to one study (Vargas, 2004 page 5), a political movement born out of disgruntled coca farmers has almost topped the Bolivian presidency and has created insurgency, showing that the cost of conflict far outweighs short-gain gains to be derived from aerial-spraying a community without working out long-term social issues, such as relocation and alternative farming and livelihood opportunities. Thirdly, unbeknownst to the American people, the aerial spraying operations also target legal crops and other things that should not be targeted. According to Transnational Institute (2001, internet), â€Å"many cases involving the destruction of legal crops and alternative development projects can be documented. Aerial fumigation has targeted home patches, ponds and water sources that should never have been the object of this policy.† This is truly problematic and unjust because we are compromising the livelihood and growth opportunities of the poor farmers of Latin America who are growing legal crops and who have a right to clean sources of water. It is deplorable that in order to protect its people, the American government deems it appropriate to make the

Using Newton Method of Optimization Coursework Example | Topics and Well Written Essays - 250 words - 1

Using Newton Method of Optimization - Coursework Example On the other hand, if a constrained optimization is done (for example, with Lagrange multipliers), the problem may become one of saddle point finding, in which case the Hessian will be symmetric indefinite and the solution of xn+1 will need to be done with a method that will work for such, such as the LDLT variant of Cholesky factorization or the conjugate residual method. There also exist various quasi-Newton methods, where an approximation for the Hessian (or its inverse directly) is built up from changes in the gradient. If the Hessian is close to a non-invertible matrix, the inverted Hessian can be numerically unstable and the solution may diverge. In this case, certain workarounds have been tried in the past, which have varied success with certain problems. One can, for example, modify the Hessian by adding a correction matrix Bn so as to make Hf(in) + Bn positive definite. One approach is to diagonalize H f(xn) and choose Bn so that H f(xn) + Bn has the same eigenvectors as H f(xn), but with each negative eigenvalue replaced by Ï µ > 0.