Human Resource Management Essay Example for Free

Human Resource Management Essay Kopanang Batho Cooperation Services is an organization that disseminates water to all pieces of the urban and peri-urban social orders. Its vision is to endeavor to give clean water administrations to all partners and the mission is to give quality water through exceptionally energetic and proficient staff. Ogbor (2009:283) accepts that, â€Å"a business isn't characterized by its name, status or articles of consolidation. Or maybe it is characterized by what it offers, to whom it is offered and how it is advertised. † In this test examined are the variables influencing human asset the executives in worldwide associations and how they influence human asset the board. Right off the bat depicted, the monetary variables; besides, the political-lawful framework, thirdly, training and innovation and afterward culture, how each influence the training and hypothesis of the board. Right off the bat, the financial elements it is about the change about the new advancements in the riches that chiefs should know about. The progressions realized these components require supervisors ground breaking and who can deal with and adjust to change. As per Kynhans et al(2009), â€Å"All these things show how sound the nation is, as it were, how well the nation is getting along economically†. Today’s associations are working in a worldwide situation, the degrees has gotten exceedingly mind boggling and makes colossal vulnerability for directors. For instance, a few nations are set up by free endeavor, that is individuals go to discover methods of doing things themselves so as to spare expenses and organizations will in general free customers because of that reality. In addition, there are contrasts in prerequisites for severance pay and get-away days permitted to laborers. Once more, human asset the board rehearses will in general change in order to forestall joblessness even at the expense of giving up efficiency; this implies a few associations go to the degree of losing profitability in order to save its employees’ occupations. Besides, the political lawful framework, which includes the guidelines and the guidelines at neighborhood and national level, just as the exercises that impact the organization conduct influence the human asset the executives. Legitimate components shift from nation to nation subterranean insect the principles and guidelines upheld by a lawful framework can emphatically influence human asset the board as it states unmistakably the conditions for certain human asset the executives practices, for example, cutbacks, employing, preparing and remuneration. Kynhans et. al refers to, â€Å"every association is run by the laws and guideline of that country’s government.† This implies each association in a specific nation is managed by the laws of that nation and they can influence that specific association. For instance, in different districts it is easy to recruit and fire representatives while in different nations there are systems to be followed to do the two procedures. Thirdly, training can likewise influence human asset the executives. â€Å"An organisation’s potential to discover and keep up a certified work environment is a significant thought in any choice to venture into a remote ma rket.† portrays Sims (2010). This implies associations think about instructive foundation while choosing their workers and such associations attempt all endeavors to keep such competitors in the association. For instance, a few associations lean toward employing individuals who concentrated full time. Once more, different organizations favor recruiting applicants structure certain understand schools far and wide. Once more, the innovative condition wherein a business works likewise brings change inside the association, either procedures of creation or the sort of representatives required. â€Å"Many associations acknowledge they have to begin utilizing new advances to have the option to contend with different business. This can have either a constructive or adverse impact on the individuals working in that association yet organizations despite everything need to stay up with the latest with the most recent innovation advancements to remain in front of the competition,† refers to Kynhans et al (2009:23). For example, if an organization needs to change innovation, it probably won't be simple for different representatives to adjust and that may defer creation. Presenting new items likewise can influence the association as it were that other old working practices may change and be supplanted by new practices and the headway of innovation doesn’t influence nations all simultaneously in this manner a few nations are not mechanically propelled like others and that can influence the human asset the executives rehearses particularly with regards to work developments. Additionally culture can decide different elements influencing human asset the board in the commercial center. â€Å"Differences in culture cause an incredible test in HRM,† stresses Francis (2010). Culture regularly decides the viability of different human asset the board rehearses, for instance, an advantage esteemed to be significant in one nation can be nearly useless in another nation and that can influence the HRM practice as the guidelines or guidelines should vary from nation to nation. Taking everything into account, it is significant for supervisors to think about the various elements of working together in various nations and arrange the work in various countries. As the world is turning out to be one town, rules and guidelines should at any rate be pretty much the equivalent in order to make it simpler to run organizations all inclusive. For instance, globalize the laws directing work in order to make it simple to run organizations all inclusive. REFERENCES Francis, C International Business: Text And Cases.2010(5th Edition).New Delhi: PHI Learning Private Limited John, O. (2009). Business in Sub Zaharan Africa, A Strategic Management Point of view Mitras, D, Shrly .K (2009).Technology, Values and Social Forces in Technology Change Markham, M W. et al. (2009). Human Resource Management: Fresh Perspectives Sims, R, R. (2007). Human Resource Management: Contemporary Issues and Opportunities. USA: Information Age Publishing. Inc.

Acing your behavioral job interview

Acing your conduct prospective employee meet-up On the off chance that you’ve been hands on chase for some time, you’ve presumably been presented to a wide assortment of meeting styles and situations, all intended to attempt to get the most precise impression of what you’d resemble as a potential representative and measure your worth whenever employed. Also, odds are you’ve been presented to-in some structure a sort of approach known as the conduct meet. Anyway, what precisely is a social meeting, and how can it contrast from different kinds of talking draws near? Consistent with its name, a conduct talk with means to discover how you reacted to various sorts of work circumstances previously. Rather than getting some information about yourself, questioners will ask how you handled explicit situations, both unpleasant and not. The fact of the matter is to check whether your character and range of abilities inside a workplace matches who they want to recruit for their open position.The truth is, a conduct meeting will look and feel a lot of like some other customary meeting you’ve been on, with the key distinction being the sorts of inquiries you’ll be posed during the process.A ongoing post on The Balance features a portion of the run of the mill addresses you may experience while on a social interview:â€Å"Behavioral inquiries addresses will be increasingly pointed, more testing and more explicit than conventional meeting questions:Give a case of an event when you utilized rationale to understand a problem.Give a case of an objective you came to and reveal to me how you accomplished it.Describe a choice you made that was disliked and how you dealt with actualizing it.Have you gone far in excess of what was required? Assuming this is the case, how?What do you do when your calendar is interfered? Give a case of how you handle it.Have you needed to persuade a group to take a shot at an undertaking they weren’t excited about? How could you do it?Have you took ca re of a troublesome circumstance with a colleague? How?Tell me about how you functioned viably under pressure.Follow-up questions will likewise be point by point. You might be asked what you did, what you stated, how you responded or how you felt during the circumstance you imparted to the employing manager.†So, since you have a decent handle on what a social meeting is and how to perceive when you’re in one, what’s the most ideal approach to approach and handle it?The initial step is to understand that you won’t know when you’re on a conduct meet until you’re in one-except if you can foresee the future, you won’t be cautioned ahead of time to the sorts of inquiries you’ll be posed. Subsequently, while preparing for a meeting you should prepare for each conceivable situation, question, and contingency.That stated, there are some demonstrated methodologies for viably handling conduct questions and setting yourself up for a fruitf ul meeting. Consider the accompanying tips to establish a solid and enduring connection with your next interview.Do your homework.When planning for a meeting whether conduct or customary or something different through and through ensure you completely inquire about the organization and expected set of responsibilities gave and search to accommodating signs in regards to things the organization may esteem and the qualities they are likely searching for in a perfect up-and-comer. Attempt to get a decent feeling of what the company’s culture and strategic these components will enable you to measure what sorts of inquiries you may experience and the sorts of answers employing supervisors and friends agents will probably be looking for.What kinds of issues typically come up in the business you would like to join? How have you taken care of circumstances in the past in a noteworthy route so as to handle these issues? How do your activities and responses to work issues in the past s how that you are appropriate for the vacant position? Have these answers prepared to go.Be arranged to tell your story.When you’re in a social meeting, be set up to â€Å"tell your story†-these ought to be straightforward and great articulations of how past encounters throughout your life have formed your perspectives and methods of conduct, making you the skilled and successful expert you are today. As indicated by Ladders, your accounts ought to be explicit, and ought to consistently incorporate the accompanying three sections: a depiction of a particular, genuine circumstance or challenge you experienced, a portrayal of the particular assignments and moves you made to defeat that challenge, and aâ summary of the consequences of those actions.If dealt with effectively, remembering stories for your reactions that show occasions of how you effectively tackled issues or showed model conduct will consistently make you look good.Address past practices in a methodical way .The Balance advocates utilizing the accompanying four-advance procedure for addressing inquiries concerning past practices at work, which they allude to as the STAR talk with reaction technique:Situation. Describe the circumstance or set everything up. Clarify the spot you were working for or the undertaking you were given. Portray what went on so you would then be able to expound on how your heavenly abilities spared the day.Task. Describe the issue or issue you were gone up against with. Make this as clear as conceivable don’t get excessively impeded in subtleties. Get ready 1-2 sentences to clarify the undertaking at hand.Action. Describe the move you made to mediate in the circumstance or take care of the issue. This ought to present the key resource you might want to delineate. Here is the place you pull watchwords from the activity posting. What aptitudes are the recruiting director searching for? How you can exhibit that you have those abilities in your answer?R esults. Describe the resultsâ your activity created. Clarify how you tackled the issue or improve the organization in some way.Okay work trackers, exploit the methodologies and tips gave here and you’ll be prepared to deal with even the hardest conduct meet that you may run over. The key, as it is more often than not with interviews, is to enter readied and certain. Since you comprehend what's in store, begin preparing!

How to Write A Report The Guide From The Experts

How to Write A Report The Guide From The Experts A report is an inscribed account that one has perceived, heard, and investigated. It is a well-organized and systematic presentation of findings and facts of an event that has previously taken place. In this blog, we will show you the best ways of how to write a report. Reports are used as a method of written valuation to discover what you have erudite from your interpretation, experience, or research also to give you knowledge of an essential skill that is broadly used in the workplace. A report is written for a specific purpose, even to the particular audience. Specific evidence and information are presented, applied, and analyzed to a specific issue or problem. The evidence is presented in a structured layout making use of headings and sections so that the data and information are easy to discover and trail. Once you are requested to write a report, you will generally be specified a report transitory that offers you with guidelines and instructions. Some keys steps which resolve the issue of how to write a report? How To Write a Report Summary How To Write a ReportHeadlineBylineOpening paragraphAn account of the occurrence in detailConcluding sectionReport PresentationFontListsHeadings SubheadingsDifferent Types of ReportsAcademic WritingBusiness WritingTechnical WritingWrap Up Some key steps of how to write a report are given below: Headline A descriptive title that is communicative of the substances of the report. Byline Name of the individual writing the report with the description. It is usually specified in the question. Reminisce, you aren’t supposed to state your particular details and description in your answer. Date and place of reporting- It is usually not stated in a report distinctly, but here, it is. Opening paragraph It comprises the expansion of the front-page. It requires to be short because it is a general outline of the report.   An account of the occurrence in detail It is usually written in 2 parts: First, wide-ranging account of what occurred in its sequential order (preferably) and next, the witness comments. Concluding section This will comprise the achievement that has been occupied up to now or that will be occupied. Report Presentation You will need to existing your report in a concise and simple format, i.e., easy to understand and navigate. Readers require to be capable to look over a report also get to the data and information they want as rapidly as possible. That manner, the report has a countless impression on the reader. Some simple organizing styles can be used through the report that will make it informal to read also look presentable and organized also helps how to write a report. For example: Font Use only one font in your report. The easiest font, for example, Times New Roman or Arial, is best for the report. Section titles can be a different font from the key text if you prefer. Lists Use list whenever suitable to break data and information into easy-to-understand opinions. Lists can either be bulleted or numbered. Headings Subheadings You can use subheadings and headings through your report to recognize many topics also break the text into wieldy chunks. These will assist in keeping the report organized also can be registered in the table of contents so that you can found quickly. Different Types of Reports Though the fundamentals of any report are similar, there are some important differences among academic, technical, and business reports which help how to write a report are given below. Academic Writing The key thing to note is that this kind of writing is formal. Normally, it should be free of contractions also any slang. Business Writing Business writing will take on a formal tone. Though, it’s allowable to be slightly less closed up.   Technical Writing Technical reports emphasize on how to perform something. Though an academic or even a commercial report will try to prove something, technical writing is more expressive. Moreover, the report format for professionals and students may cite evidence also facts to make their case; however, technical writings are more probable to trail a logical approach. Wrap Up Fundamentally, a report is a sharp, short, concise text which is written for a specific audience and purpose. It usually sets outs also analyses a problem or situation, frequently making references for upcoming action. Different types of reports are also described above with complete detail. The format and presentation style are also described here. If yes, please submit your assignment along with the deadline. We will return with exact and excellent arrangements within a given deadline. Our experts help you to recognize how to write a report. With our methodology, we pledge you get maximum grades. You can also place your assignment order through completing our Order form or through Live Conversation with our online expert’s representative. Interchangeably, you may request our writing expert session services where our professional and trained Bibliography assignments writing expert will be capable of leading you through the procedure of making a high excellent bibliographic example.

The War Of 1812 And The United States Essay - 1328 Words

The War of 1812 was the result of an ongoing feud between France, Great Britain, and the United States. The causes of the war included Britain attempt to restrict trade between France and the United States, Britain’s navy intimidating American seamen and the U.S. attempt to expand their territory. Before going into the war, the United States was fully aware that Britain had the greatest naval power in the world so this would be the costliest war financially and physically. The United States knew that this conflict with Great Britain would have a tremendous impact on the country’s future so they had to address the issue immediately and aggressively. But the United States defeated Britain once before they knew they can defeat them once again. Many people considered the War of 1812 the United States second war of independence because once again they were facing Great Britain. The conflict between France and Great Britain (French Revolutionary and Napoleonic Wars) set the t one of the War of 1812 Both nations were trying to prevent the United States from trading with the other. The Jay’s Treaty of 1794, settled many unresolved issues between the United States and Great Britain. One of these issues was that of trading goods with France. Of course, Britain considered France the enemy, therefore they wanted the United States to have nothing to do with their enemy. The Jay’s Treaty allowed for Britain to seize any U.S. goods headed for France, but only if they paid for them.Show MoreRelatedThe United States And The War Of 18121144 Words   |  5 Pages The United States of America triumphed in the Revolutionary War, emerging as an independent nation. Thereafter, they had an arduous task of building their economy and earning recognition amongst other nations. George Washington, the presiding president, promoted Alexander Hamilton, a thirty-four year old former officer of the Continental Army, as the Secretary of Treasury. He devised plans on how to simultaneously generate revenue and deal with war debts. Inevitably, the United States encounteredRead MoreThe War Of 1812 And The United States1716 Words   |  7 Pagesformed United States. The war of 1812 is often referred to as the United States second war for independence because, like the Revolutionary War, it was fought against England. This war was the result of many years of a tension among both countries. It both surprised the British and concerned many Americans who believed that this war was an unwise effort. This was not because there was not reasons to go to war with Englan d. But rather because United States had avoided war for so long that when war wasRead MoreThe War Of 1812 And The United States1699 Words   |  7 PagesThe War of 1812 is often referred to as â€Å" Mr. Madison s War,† because at the time, federalists believed that their current president, James Madison declared war, without the approval of congress. At the time, the new united nation but somewhat divided was being controlled under the rule of the great power of Great Britain. Great Britain had a strong connection with the northern states of the United States, because of the constant trade going on between them. As the, Federalists got richer, the BritishRead MoreThe War Of 1812 And The United States1427 Words   |  6 Pages The War of 1812 is the second war between the United States of America and Great Britain that ends in a draw. Also referred to as the â€Å"Second War of Independence,† the cause of this military conflict is often believed to be a direct re sult of England’s attempt to humiliate the United States, limit the country’s growth and impact (acts of interference towards American trade, which is a sign of disrespect towards American independence), and acts of impressment (taking sailors off American vesselsRead MoreThe War Of 1812 And The United States1633 Words   |  7 PagesThe War of 1812 took place between the Americans and Great Britain because of the impressment of Americans sailors by the British and the passing of the Embargo Act by Congress and President Thomas Jefferson. The British navy would impress sailors from American ships and force the American sailors to board the British ships and to join the British navy. The second reason that the War of 1812 occurred was because of the Embargo Act of 1807. This act was passed by Congress and Jefferson and it stoppedRead MoreThe War Of 1812 And The United States1422 Words   |  6 PagesIn the year 1812, just 29 years after the American Revolution, the Un ited States was already confronted with another War against their mother country. Ever since their last war, conflict has been brewing up between the two countries. Since the 1790s, American leaders like Presidents Washington and John Adams was trying to avoid with France and England. In 1793, the Proclamation of neutrality was passed, under Washington s presidency. In 1800, President Adams agreed to the Convention of 1800, whichRead MoreThe War Of 1812 And The United States820 Words   |  4 Pages The War of 1812 was brought about by a multitude of factors including international trade restrictions, the capture of American sailors by the British Royal Navy, and the United States attempts at expanding its territory. The various parties involved in this war are the Americans, the British, the Canadians (then a british colony), the Native Americans, and the Africans. While the main conflict of this war was between White America and the British, the Native Americans and African slave s found themselvesRead MoreThe War Of 1812 During The United States1308 Words   |  6 PagesA war time economy in the United States has proven to be a way to bring the people of America together, boost the economy, and inspire nationalism. The War of 1812 did much to follow this trend. By shutting off trade with Great Britain for a few years, United States manufacturers were able to establish their industries and develop a dependency from the people of America. In these ways, the War of 1812 helped create a scenario that allowed the United States to proliferate following the war. TheRead MoreThe War Of 1812 And The United States Army Essay1309 Words   |  6 PagesBritish forces (). From then on out the United States Army has seen multiple wars from the War of 1812 to present wars today, and will continue to be one the many forces to protect the USA. Now over the years, the United States Army has had to shift the way it conducts its soldiers to fight in the wars and how to be pr oficient in battle; even with the new warfare tactics that our enemies are developing daily. Like any other unified team, how does the United States Army gain leverage against our enemiesRead MoreThe War Of 1812 Was A Conflict Between The United States854 Words   |  4 Pages The War of 1812 was a conflict between the United States and Britain that began in 1812 and lasted until early 1815. A declaration of war was requested by President James Madison to protect American ships on the high seas and to stop the British from stopping ships and capturing United States by both Great Britain and France. President Madison sought to prevent Britain from creating alliances with Native Americans on the American frontier. Americans in the West and South, who hoped to increase the

Film Analysis Of 300 Movie - 1428 Words

Samuel Catoe, LHS K Richardson History 101 26 September 2017 300 Film Analysis The 300 is a spectacular movie designed to provide the viewer with a sense of excitement and anticipation. The movie is loosely based on past events with Sparta and their conflict with Persia, back in 480 BC. And while the movie is founded on a historical event, there are many historical inaccuracies throughout the film. These inaccuracies are created to add depth and new excitement to the movie, but also gives the viewer a false understanding of the events that took place. As the movie begins, it displays the harsh customs of the Spartan civilization. Its shows how Spartans inspect their infants for deformities, and if found with a deformity, they were†¦show more content†¦The priests take the gold as a reward for denying Sparta’s war request. Leonidas did not want to disobey the priests, so he decided to take 300 of his best soldiers, as his bodyguards, and take a walk to the Hot Gates of Thermopylae. Along the way, King Leonidas and his 300 soldiers met some allies. The allies were shocked by the small number of Spartan soldiers, but when Leonidas asked their professions, he clearly stated he had brought more soldiers than them. The Spartans continue their journey and are joined by Arcadians and other Greek forces. When they arrive, the build a wall to slow the Persian attack. The soldiers fight off the Persian scouts, and use the dead bodies to increase the massive wall. The scouts are followed up by a Persian emissary, who threaten to â€Å"block out the sun† with their arrows and King Leonidas replies that the Spartans will fight in the shade. The Spartans battle and defeat the Persian emissary. The Persians demand that the Spartans surrender before anyone else dies, but King Leonidas refuses and the two forces have a huge battle with many causalities. After the battle, Xerxes approaches King Leonidas, surprised by his fighting skills, and attempts to convince Leonidas to surrender. Xerxes promises King Leonidas with gold and other riches, but he refuses and threatens to make the â€Å"God King† bleed. Xerxes then sends his personal army called â€Å"the Immortals† to attack the Spartans. The Immortals consist of manyShow MoreRelatedEng 225 Week 5 Film Critique Final Paper New831 Words   |  4 PagesENG 225 Week 5 Film Critique Final Paper NEW To Buy This material Click below link http://www.uoptutors.com/eng-225-ash/eng-225-week-5-film-critique-final-paper-new Focus of the Final Film Critique Throughout this course, you have been compiling a blog and writing essays that analyze various elements of film such as theme, cinematic techniques, and genre. It is now time to combine those elements into a comprehensive analysis of one movie. You will be completing this assignment in two stages:Read MoreEng 225 Week 5 Film Critique Final Paper836 Words   |  4 PagesWeek 5 Film Critique Final Paper Click Link Below To Buy: http://hwcampus.com/shop/eng-225/eng-225-week-5-film-critique-final-paper/ Or Visit www.hwcampus.com ENG 225 Week 5 Film Critique Final Paper Focus of the Final Film Critique Throughout this course, you have been compiling a blog and writing essays that analyze various elements of film such as theme, cinematic techniques, and genre. It is now time to combine those elements into a comprehensive analysis of one movie. You willRead MoreHistorical Film Analysis : The 3001139 Words   |  5 PagesHistorical Film Analysis: the 300 The 300 is a fictional retelling of Herodotus’s account of the Battle of Thermopylae from the perspective of Leonidas I and his fellow Spartans. The film is based on a comic book of the same name and is a live action, shot-by-shot visualization of said comic. 300 utilizes stunning two-dimensional graphics and dramatic lighting and camera angles to make the film look more like a moving comic. Both the film and its literary counterpart are full of historical inaccuraciesRead MoreWeek 5- Final Film Critique1421 Words   |  6 PagesWeek 5 – Final Film Critique Byron Phillips ENG 225 Introduction to Film Instructor Hayes 11 May 2015 FINAL FILM CRITIQUE There’s no doubt that Star Wars is one of the most impactful films of all time, having changed the movie-making game ever since it premiered in 1977. It quickly became a global phenomenon and has accumulated some of the most passionate fans in the universe. Star Wars: Episode IV - A New Hope is a great example to use in order to illustrate the properties discussed throughoutRead More300 Movie2752 Words   |  12 Pages300 Jonathan Hewitt ENG 225 Cicely Denean-Cobb October 2, 2012 The film I have chosen to do my critique on is Zack Snyder’s 300. 300 is a film about King Leonidas, the King of Sparta, and his 300 Spartan warriors who all stood up against the God-king Xerxes and his massive Persian army from annihilation. After watching the film very closely for my critique I believe there is a serious underlying theme that everyone has the right to be free and sometimes you have to stand up and make sacrificesRead MoreClassical Influences On Modern Films And Literature1171 Words   |  5 PagesVuong Khuat Classical influences on modern films and literature Classical Greece and Rome were ancient civilizations that existed 2500 years ago, and are regarded by numerous scholars as the foundation of humanities in various fields. In popular culture, Ancient Greece and Rome are portrayed substantially in books and movies; however, not many people are aware of how they also shape our thoughts, ideals, and motivations. Through an analysis of classical elements often portrayed in popularRead MoreFilm and Movie Industry1612 Words   |  7 Pages2013 The Movie Industry in 2008 (Case A amp; B) MBA Student: Waseem Hasan Ismail Submit to: TAGSB Administration 27 February 2013 Table of Contents Introduction 3 The Movie Industry in 2008 (Case A) 4 PESTEL Analysis – External Environmental 4 Porter’s five Analysis 4 Profitability Model for movie theaters 4 Key strategic issues facing movie theaters 4 Strategic actions that exhibitions might consider 4 The Movie Industry in 2008 (Case B) 4 Outlook for the movie industry improvedRead MoreThe Independent Film Pr Company s Mission941 Words   |  4 PagesExecutive Summary Our Independent Film PR Company’s Mission is to provide informed, media-savvy public relations services based on film industry knowledge, as well as a real understanding of the issues that affect our clients with a genuine enthusiasm for what we do. With the use of our effective digital marketing services such as providing support for independent filmmakers with distribution strategies, utilizing search engine for marketing campaigns and working with the actors about their mediaRead MoreAncient Greece And Rome Vs. Rome1179 Words   |  5 Pagesfoundation of humanities in various fields. In popular culture, Ancient Greece and Rome are portrayed substantially in books and movies; however, not many people are aware of how they also shape our thoughts, ideals, and motivations. Through an analysis of classical elements often portrayed in popular media, this essay attempts to illustrate how the representation of ancient Greece and Rome in books and movies influence our lives and e mphasize the need to stay informed as these influences can beRead MoreDisneys the Lion King: Sundiata in Disguise?1691 Words   |  7 Pagesstory greatly parallel the famous Disney movie The Lion King. Following this realization, an inquiring question arose. Is The Lion King just a reproduction of Sundiata? In focusing on this topic of discussion and comparing both the epic Sundiata and the Hollywood production, The Lion King, the areas where both works coincide with one another will be discovered, highlighted, and later utilized to conclude the origination of the movie. By the end of this analysis Sundiata will be revealed to be the basis

Challenges Ahead for Venture Capital Financing in India Free Essays

Venture Capital is money provided by professionals who invest and manage young rapidly growing companies that have the potential to develop into significant economic contributors. According to SEBI regulations, venture capital fund means a fund established in the form of a company or trust, which raises money through loans, donations, issue of securities or units and makes or proposes, to make investments in accordance with these regulations. The funds so collected are available for investment in potentially highly profitable enterprises at a high risk of loss. We will write a custom essay sample on Challenges Ahead for Venture Capital Financing in India or any similar topic only for you Order Now A Venture Capitalist is an individual or a company who provides. Investment Capital, Management Expertise, Networking marketing support while funding and running highly innovative prospective areas of products as well as services. Thus, the investments made by Venture Capitalists generally involves – – Financing new and rapidly growing companies. – Purchasing equity securities. – Taking higher risk in expectation of higher rewards. – Having a long frame of time period, generally of more than 5 – 6 years. – Actively working with the company’s management to devise strategies pertaining to the overall functioning of the project. – Networking and marketing of the product /service being offered. In an attempt to bring together highly influential Indians living across the United States, a networking society named IND US Entrepreneurs or TiE was set up in 1992. The aim was to get the Indian community together and to foster entrepreneurs for wealth creation. A core group of 10 – 15 individuals worked hard to establish the organisation. The group (TiE) has now over 600 members with 20 offices spread across the United States. Some of the famous personalities belonging to this group are Vinod Dham (father of the Pentium Chip), Prabhu Goel, K.B. Chandrashekhar (Head of $ 200 mn. Exodus Communications, a fibre optic network carrying 30% of all Internet content traffic hosting websites like Yahoo, Hotmail and Amazon.) Venture Capital Financing : It generally involves start up financing to help technically sound, globally competitive and potential projects to compete in the international markets with the high quality and reasonable cost aspects. The growth of South East Asian economies especially Hongkong, Singapore, South Korea, Malaysia along with India has been due to the large pool of Venture Capital funds from domestic / offshore arenas. Venture Capitalists draw their investment funds from a pool of money raised from public and private investors. These funds are deployed generally as equity capital (ordinary and preference shares) and some times as subordinated debt which is a semi secured investment in the company (through debenture) ranking below the secured lenders that often requires periodic repayment. Today, a VC deal can involve common equity, convertible preferred equity and subordinated debt in different proportions. The Venture Capital funding varies across the different stages of growth of a firm. The various stages are : 1. Pre seed Stage : Here, a relatively small amount of capital is provided to an entrepreneur to conceive and market a potential idea having good future prospects. The funded work also involves product development to some extent. 2. Seed Stage : Financing is provided to complete product development and commence initial marketing formalities. 3. Early Stage / First Stage : Finance is provided to companies to initiate commercial manufacturing and sales. 4. Second Stage : In the Second Stage of Financing working capital is provided for the expansion of the company in terms of growing accounts receivable and inventory. 5. Third Stage : Funds provided for major expansion of a company having increasing sales volume. This stage is met when the firm crosses the break even point. 6. Bridge / Mezzanine Financing or Later Stage Financing : Bridge / Mezzanine Financing or Later Stage Financing is financing a company just before its IPO (Initial Public Offer). Often, bridge finance is structured so that it can be repaid, from the proceeds of a public offering. There are basically four key elements in financing of ventures which are studied in depth by the venture capitalists. These are : 1. Management : The strength, expertise unity of the key people on the board brings significant credibility to the company. The members are to be mature, experienced possessing working knowledge of business and capable of taking potentially high risks. 2. Potential for Capital Gain : An above average rate of return of about 30 – 40% is required by venture capitalists. The rate of return also depends upon the stage of the business cycle where funds are being deployed. Earlier the stage, higher is the risk and hence the return. 3. Realistic Financial Requirement and Projections : The venture capitalist requires a realistic view about the present health of the organisation as well as future projections regarding scope, nature and performance of the company in terms of scale of operations, operating profit and further costs related to product development through Research Development. 4. Owner’s Financial Stake : The financial resources owned committed by the entrepreneur/ owner in the business including the funds invested by family, friends and relatives, play a very important role in increasing the viability of the business. It is an important avenue where the venture capitalist keeps an open eye. Problems of Venture Capital Financing : VCF is in its nascent stages in India. The emerging scenario of global competitiveness has put an immense pressure on the industrial sector to improve the quality level with minimisation of cost of products by making use of latest technological skills. The implication is to obtain adequate financing along with the necessary hi-tech equipments to produce an innovative product which can succeed and grow in the present market condition. Unfortunately, our country lacks on both fronts. The necessary capital can be obtained from the venture capital firms who expect an above average rate of return on the investment. The financing firms expect a sound, experienced, mature and capable management team of the company being financed. Since the innovative project involves a higher risk, there is an expectation of higher returns from the project. The payback period is also generally high (5 – 7 years). How to cite Challenges Ahead for Venture Capital Financing in India, Essay examples

The Tale of the Peculiar Girl free essay sample

Once upon a time, in a kingdom far, far away, there lived a peculiar girl. She had cropped hair flecked with damp Pacific sand and deep knowing eyes the color of a red cedar in the rain. Every day the girl awoke in her bedroom built of music and books, looked into the ominous dark forest, and decided whether it would be a Birkenstocks with socks day or a Birkenstocks without socks day. She ate her porridge of oats, soy milk, and fruit, drank her bitter coffee in just two gulps, and walked outside into the temperate rainstorm. Such was each morning, and each morning was good. The young girl asked many questions, and in this way she learned about the world. Soon her brain began to see the days as parabolas, the conversations as chords and dissonances, and the friendships as woven baskets. The Earth became magical and hope became truth. We will write a custom essay sample on The Tale of the Peculiar Girl or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page One day, a great storm befell the kingdom. The storm was like nothing the young girl had ever seen, and was not from the skies. Inside her heart and her soul and her mind the storm raged – for the peculiar girl had realized that in all her questioning, not once had she asked what was right and what was wrong. Heeding the darkness of the storm, she embarked on a quest for enlightenment. A great many years later, the not-so-young girl arrived at a castle where she was to learn the algorithms and words and ideas of the world. This castle was ruled and its laws set by the King of Catholicism from his distant home in Vatican City. The girl did not understand these strange laws. She did not understand why a King who preached love would spread inequality. She did not understand why two citizens who wholly loved each other must be banished if they happened to be both women or both men. And she did not understand why the King refused to allow his citizens to question these laws. The peculiar girls mind churned for days and weeks and months until she knew she must disobey the laws of the great King. On the sunniest day of the fourth month of the second year, the girl approached the leader of the castle. Seeking permission to form a group for women who love women, men who love men, and the vast number of people falling in between, the girl begged the leader using every magical potion of persuasion she possessed. But the leader would not yield, and the girl was denied. That night, she cried and cried until her tears watered an idea; the peculiar girl would have to form the group in secrecy, for its existence was still vital to the Kingdom. She found several citizens and a location in the basement dungeon of the nearby castle, and in this way, her idea grew. The first of many meetings of this group was filled with tearful stories, hopeful smiles, and devious plans. With each week, the group gained confidence, allowing ideas to escape from the dungeon with petitions, letters, interviews, rumors, and hope. In the years that followed, the not-so-young-but-still-peculiar girl continued to water her idea and her idea continued to grow. Baskets were woven, chords created, and parabolas summited. Soon, the idea grew so large that the greatest of storms could not overpower it – and the storm of the girls youth had passed. The girl was good and her future was bright. No longer confined to her fairy tale, the peculiar girl has begun to seek a new castle with a benevolent ruler in which she might pursue the true wisdom of the world and live happily ever after.