To Study Swot Analysis for Portfolio Management Services Offered by Sharekhan Ltd.

SUMMERY In today’s business environment many of stockbroker’s offers PMS (Portfolio Management Services). While observing the business environment of Stockbrokers the main business is how they offer low brokerage and better services to the clients. In this context an attempt is made to study the SWOT analysis of PMS (Portfolio Management Services) offered by SHREKHAN Ltd. Which highlights what are the Strengths, Weaknesses, Opportunities and Threats of PMS (Portfolio Management Services) offered by SHREKHAN Ltd. as compare to other competitors offered this scheme. Also take the interview of 100 clients and observe what the expectations about the PMS (Portfolio Management Services) are offered by SHREKHAN Ltd TABLE OF CONTENTS ? Acknowledgments †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Abbreviations †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ? An Executive Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ? Industry Profile†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Company Profile†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ? Market share of Share khan†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Introduction to project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Hypothesis of the Project †¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Objectives Project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Limitations of the Project†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Research Methodology †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Empirical Analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ? Conclusion †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ? Bibliography†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Abbreviation AMC:Annual Maintenance charges. BSE:Bombay Stock Exchange. DP:Depository participant. IPO:Initial Public Offer. MCX:Multi Commodity Exchange. MT:Management Thesis. NAV:Net Asset Value. NCDEX:National Commodity and derivatives Exchange. NCFM:National Stock Exchange Certification In Financial  services. NFO:New Fund Offer. NSE:National Stock Exchange. PMS:Portfolio Management Services. SEBI:Security Exchange Board of India. Industry Profile By 1830's business on corporate stocks and shares in Bank and Cotton presses took place in Bombay, there were only half a dozen brokers recognized by banks and merchants during 1840 and 1850. In 1860-61 the number of brokers increased to about 200 to 250. In 1895, the Stock Exchange acquired a premise in the same street and it was inaugurated in 1899. Thus, the Stock Exchange at Bombay was combining. Trading Pattern of the Indian Stock Market Trading in Indian stock exchanges is limited to listed securities of public limited companies. They are broadly divided into two categories, namely, †¢ Specified securities (forward list) †¢ Non-specified securities (cash list). A member broker in an Indian stock exchange can act as an agent, buy and sell securities for his clients on a commission basis. National Stock Exchange (NSE) The National Stock Exchange was incorporated in 1992 by Industrial Development Bank of India, ICICI, all Insurance Corporations, selected commercial banks and others. Trading at NSE can be classified under two broad categories: (a) Wholesale debt market and (b) Capital market. Wholesale debt market operations are similar to money market operations – institutions and corporate bodies enter into high value transactions in financial instruments such as government securities, treasury bills, public sector unit bonds, commercial paper, certificate of deposit, etc. There are two kinds of players in NSE: 1. Trading members and 2. Participants. Recognized members of NSE are called trading members who trade on behalf of themselves and their clients. Participants include trading members and large players like banks who take direct settlement responsibility. India's oldest and first stock exchange is Bombay Stock Exchange which is established in 1875. More than 6,000 stocks listed in BSE. Totally there are 22 stock exchanges in India. They are located in Ahmadabad, Bangalore, Calcutta, Chennai, Delhi etc. There is also a National Stock Exchange (NSE) which is located in Mumbai. There is also an Over the Counter Exchange of India (OTCEI) which allows listing of small and medium sized companies. The regulatory agency which oversees the functioning of stock markets is the Securities and Exchange Board of India (SEBI), which is also located in Bombay Overview of Company Sharekhan is a firm, which is working under SSKI (S. S. Kantilal Ishwarlal Securities Ltd. ). SSKI was founded in 1922. SSKI is One of India’s Oldest Brokerage Houses Having Eight Decades of Experience into: ? Institutional Broking ? Investment Banking ? Retail Broking It is one of the Founding members of the Stock Exchange, Mumbai and Pioneer Institutional Broker. SSKI Entered into Retail Broking in 1985. Share khan is the Retail Broking Arm of the BIG 80 Years old organization i. e. of SSKI and â€Å"Sharekhan† is the Brand Name given to its Retail Business. SSKI carries out its Retail Broking Activities under â€Å"Sharekhan† Brand Name. Sharekhan Outlets act as Full Service Investment Solutions Provider, providing you wide range of services like – ? Equity & Derivatives Trading on NSE and BSE ? Online Trading ? Commodities Trading on MCX & NCDEX ? Portfolio Management Services ? Depository Services ? IPO Services ? Wide Range of Customized Research Products ? Uniform Service Standards Offerings of the Sharekhan: – Sharekhan offers both Offline and online trading account. But now a days it mostly concentrates on online trading account through which a customer can buy and sell shares in an instant from any part of the globe trough website. It does not take into account any type of physical restriction of going to the broker for carrying out a transaction or any type of settlement of payment. It facilitates the customer a speedy and hassle free transaction. Share khan’s product consists of a 4-in-1 concept, which integrates: †¢   D-mat Account †¢ Trading Account †¢ Bank Link †¢ Dial-N-Trade For doing a trading of shares everyone need D-mat A/C. In his D-mat A/C one can keep his shares. Then Sharekhan provides a Trading A/C  . Through this trading account, a Sharekhan customer can directly transfer his funds from his savings account i. e. from bank account to Sharekhan to his trading account without any paper work. He can buy and sell shares from the website and also view the market prices of the shares he trades on the terminal. Sharekhan. com allows trading at present only on NSE. BSE trading will be shortly available. To open an account a customer requires filling up a form consisting of 12 agreements, a passport size photograph, a residential proof, a photo id proof and a cheque drawn of respective amount in favor of S. S. Kantilal Ishwarlal Securities Pvt. Ltd. & From 22 March, 2007  cheque is drawn in favor of Sharekhan Ltd. itself. After opening an account with Sharekhan, a customer will be given User id, Membership password and trading password, which will enable him to access his account and trade. Products of â€Å"SHAREKHAN†: – Sharekhan offers 2 types of products according to the volume-based requirements of the investors that are as follows:  Ã‚   CLASSIC ACCOUNT: †¢ This account allows the client to trade through the website and is suitable for the retail investors. Here maximum scripts that can be shown on the terminal are only 25. Also the technical charts are not available. †¢ It’s a JAVA BASED APPLET, which allows trading only through website and see latest prices of the scripts of your choice which is attached below. †¢ This account also allows trading in Derivatives. †¢ The lifetime registration charge for this account is Rs. 750 and there is no constraint of minimum turnover. SPEED TRADE ACCOUNT: – o This is ideal for active traders who transact frequently during day’s trading session to capitalize on intra-day price movements. Speed trade is Internet-based application based software, which is available on a CD, which provides everything a trader needs on one screen, thereby, reducing the time required to execute a trade. o Speed trade offers a tick-by-tick update on stock price movements with market depth and intra-day chart and lets the client do his own stock/technical analysis. o While the Lifetime charge for this account is Rs. 1000 /- with a minimum brokerage of Rs. 1500 /- to be generated each quarterly. OFF LINE SERVICES- ? In this Dmats A/C is open in Rs 350/- ? In this trader has to come in office for trading. Bank Connection: – Sharekhan has affiliation with 8 banks, which allows its customers to enjoy the facility of instant credit and transfer of funds from his savings bank account to his Sharekhan trading account. The affiliated banks are as follows:   ? HDFC BANK ? UTI BANK ? CITI BANK ? ICICI BANK ? OBC BANK ? UNION BANK ? INDUSLAND BANK ? IDBI BANK DIAL-N-TRADE: – It is also an exclusive service available to all Sharekhan customers for trading in shares via the telephone. On dialing the toll free number 1800-22-7500 the customer will be directed to a tele-broker who will buy or sell shares for him. After Hour Orders: – Sharekhan customers also enjoy the facility of placing orders even after the trading hours, and the orders are executed as soon as the market opens. Brokerage:- †¢ It is one of the important things, which are observed by the customer while opening a D-mat A/C. †¢ For Intraday Transactions they charge 0. 05 % on each leg Transaction. †¢ For Delivery Transactions they charge 0. 50 % on each leg Transaction. & †¢ For Derivatives Transactions they charge 0. 05 % on each leg Transaction. Trade in Commodity: – Sharekhan also trade in commodities like Bullion: Gold / Silver and Agricultural commodities through Sharekhan Commodity Pvt. Ltd. which are a wholly owned subsidiary of its parent SSKI. Research Team of Sharekhan: – Research and in-depth knowledge of markets provide better than speculations or reacting to rumors. Research team provides knowledge to their customers about market condition. †¢ In morning they provide â€Å"Eagle Eye† which tells about how the market will be in whole day. †¢ In afternoon they provide â€Å"High Noon† which tells that up to that time how was the market and what about the remaining time what will be the condition of the market. †¢ After the market they analyze the market summery of the whole day and give idea about next day market. Mobile-N-Trade facility: – Now Sharekhan is providing the facility that their customers can do trading with the help of their mobile handset. For that purpose they have to pay some extra charge to activate that facility. Importance of the research to the Organization: – 1) The organization get’s the competitive information about the pricing strategy of their competitor’s. 2) Through that they can establish their new pricing strategy to gain competitive advantage. 3) They came to know the effects of using the pricing strategy in the market. Location of company: SHAREKHAN Limited Cross Land, 1204/22, J M Road, Opposite Shambhaji Park, Shivajinagar, Pune, 411005 Phone No. :  020 25520002 Way to Share Khan (JM Road, Pune) Products of Sharekhan:- 1) Stock broking (NSE,BSE) 2) F & O broking (Future and option) 3) PMS (Portfolio Management Services) 4) Commodity trading 5) Insurance 6) Mutual fund 7) Pan card 8) IPO (Initial public offer) |Sharekhan Services | |Sharekhan, one of India's leading brokerage houses, is the retail arm of  SSKI. With over 510 share shops in 170 cities, and India's premier online trading | |portal www. sharekhan. com, our customers enjoy multi-channel access to the stock markets. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Introduction The project assigned is â€Å"TO Study SWOT Analysis For Portfolio Management Services Offered By SHAREKHAN Ltd. In JM Road, Pune†. The purpose of project is to understand Portfolio Management Services, its function, terms involved in and types of Portfolio Management Services. And also study competitors PMS Services in this way that to help the company in its day-to-day work. I worked with the company as a management trainee in SHAREKHAN ltd. Hypothesis 1. People those have large excess money interested in investing in PMS. 2. Retail investors are also now take interest in this scheme. 3. PMS scheme does not have more impact on sales revenue of SHAREKHAN. OBJECTIVE ? To study Portfolio Management Services Offered By SHAREKHAN Ltd. To understand Portfolio Management Services and its importance. ? To study various types of Portfolio Management Services ? To know about the Portfolio Management Services Offered by competitors of SHAREKHAN Ltd ? To understand and know various term s used in and process used in Portfolio Management Services in market. ? Make the SWOT analysis of Portfolio Management Services offered by SHAREKHAN Ltd. LIMITATIONS While completing this project following limitations are occurred: ? Graphical Constraint: – ? Wrong Mind Set about Share Market: – ? Lack of awareness: – ? Lack of Money: – Methodology This project is Descriptive type of the project. In this project I considered only the part of pricing strategy of the organization, and I also studied the topic of my Management Thesis from angle of 360 degree. This project comes under the Formal Research in which objectives are clearly defined and where researcher gathers whole information about all aspects of the project. There is a formal procedure to conduct research; I followed following steps of methodology to conduct the research, Identifying & Defining Problem Planning the Research Design Selecting a Research Method Selecting a Sampling Procedure Data Collection Evaluating the Data Preparing the Research Report Sources of the Information: – While collecting the data for project two types of Sources are used. 1. Primary sources : – In this, data is collected directly from respondents using questionnaire, direct observation & interview techniques. So for this purpose I visited 150 people in the JM Road, Pune. I interviewed them and asked them various questions related to my project and try to find out the actual result 2. Secondary sources: – In this type of data collection I used the information which is already collected by some other person or in printed form before I collected. Sources of secondary data include websites, books, Internet, Journals and also the pamphlets, and the broachers made by the company for their advertisement, etc. I used above methodology & data sources for my project by following steps What is PMS (Portfolio Management Services)? Meaning of PMS The word portfolio means a set or group or combination of securities held by and investor. And the word management means to conduct or manage in a proper way. Thus it means managing of share in a proper way expecting the risk and return. Portfolio Management is the process of selecting a bundle of securities that will provide the investing organization a maximum yield for a given level of risk or alternatively ensure minimum risk for a given level of return. A portfolio is defined a s the composite set of ownership rights to financial assets in which the investor wishes to invest. Portfolios are, thus, composed of securities. It means manages your money by fund manager. It just like Invest your money in PMS, sit back and do nothing. † Advantages of investing in PMS V/s Mutual Fund †¢ You have greater control over the asset allocation, whereas it is automatic in a mutual fund. †¢ The portfolio can be customized to suit your risk-return profile †¢ The portfolio man ager has relatively greater flexibility to move in and out of cash as and when required depending on the market view. †¢ Typically, charges are lower and more transparent in PMS vis a vis a Mutual Fund †¢ Holdings not impacted by entry / exit of the investors. How Sharekhan Manages Portfolio? Sharekhan portfolio Management Services ? Protech ? Proprime ? Proarbitrage [pic] A Trading based portfolio management scheme :- Sharekhan introduces a PMS Protech for- a client with higher risk profile using the tenents of Technical Analysis. Product Offerings 1. Nifty Thrifty 2. Beta Portfolio 1. Nifty Thrifty:- Nifty futures are bought and sold on the basis of an automated trading system that generates calls to go long / short. The exposure never exceeds value of portfolio i. e. there is no leveraging; but being short in Nifty allows you to earn even in falling markets and there by generates linear returns. Features of Nifty thrifty: o Nifty futures are bought and sold on the basis of an automated trading system that generates calls to go long / short. The exposure will never exceeds the value of the portfolio i. e. no leveraging; but will allow to be short in Nifty in falling market therefore allowing the client to earn irrespective of the market direction. o The balance money will be invested in Liquid Funds o Money management rules will be in place to see th at the capital is not eroded. 2. Beta Portfolio:- Stocks in long term technical up trends are identified at various inflection points in their trading cycles. 80% of the portfolio is traded in delivery of such stocks. 20% is used in creating and options book i. e. buying calls/puts of the index / stocks to increase the portfolio beta and hedge against pitfalls. Features of Beta Portfolio: Stocks in long term technical up trends are identified at various inflection points in their trading cycles o 80% of the portfolio is traded in delivery of such stocks. o 20% is used in creating and options book i. e. buying calls/puts of the index / stocks to increase the portfolio beta and hedge against pitfalls. o The use of timing for delivery and options for a higher beta will attempt to offer a superior rate of returns by taking a risk only 20% of the capital. o Money management rules will be in place to see that the capital is not eroded. o Portfolio rebalancing may be conducted between the cash and options segments based on the profitability of each segment. Product characteristics: Using swing/momentum based index trading systems with stop/reverse trend following. ? Investor get the best of worlds by: ? Having positions in cash and options ? Delivery positions enable profit maximization, while options position offered high beta short term profit in the same portfolio. ? Low impact cost. Product details: †¢ Minimum investment Rs. 5 Lakh †¢ Lock in for 3 months †¢ Fortnightly reporting of Portfolio Net Worth †¢ Monthly reporting of Portfolio Holdings/Transactions †¢ 20% profit sharing fees on booked profits quarterly basis †¢ 5% discount on profit sharing fees [to 15%] for investment of 1 crore OR lock in of 1 year. †¢ 0% AMC fees Brokerage 0. 05% for derivatives and 0. 30% for delivery. Nifty futures will be bought and sold on the basis of an automated trading system that will generate calls to go long/short. The system has been test ed over the last 20 years of data  and  performance has been very good [details or returns v/s risk are available  for interested investors]. The portfolio's exposure will never exceed the value of the portfolio, i. e. there shall be no leveraging. But the strategy will allow us to go short/hedge on Nifty in falling markets, thereby yielding returns irrespective of the market direction. The portfolio will either be long or short at all point time. Nifty Thrifty: | |Nifty futures are bought and sold on the basis of an automated trading system that generates calls to go long/short. The | |exposure never exceeds value of portfolio i. e. there is no leveraging; but being short in Nifty allows you to earn even in | |falling markets and there by generateslinear | Product offerings: 1. The Aggressive Scheme: Ideal for investors looking at higher returns with high risk appetite. This portfolio consists of high growth stocks fulfilling any of the following conditions: ? Expected growt h in profitability Turn around and corporate restructuring enabling value unlocking ? Relatively low valuation ? Mid to small cap companies 2. The Balanced Scheme: Ideal for investors looking at steady returns with low risk appetite. This portfolio consist of blend of quality blue chip and growth stocks ensuring a balance portfolio with relatively medium risk profile. Product approach: Investments are based on 3 tenets: I. Consistent, steady and sustainable returns II. Margin of safety III. Low volatility Product characteristics: ? Bottom up stock selection ? In-depth, independent fundamental research ? High quality companies with sustainable competitive advantage ? Disciplined valuation approach applying multiple valuation measures ? Medium to long term vision, resulting in low portfolio turnover Product details: ? Minimum investment: Rs. 5 lakh ? Lock in: 3 months ? Reporting: Online access to portfolio holdings, monthly reporting of portfolio holdings/transactions ? Charges: 2. 5% per annum AMC fees charged every quarter, 0. 5% brokerage, 20% profit sharing after 15% hurdle is crossed- chargeable at the end of the fiscal year. Product offerings: Cash-future Arbitrage: it spots risk free opportunities that yield greater returns than conventional risk free products. On spotting the opportunity, the stock is bought and future is sold to lock in the spread. Position is liquidated if the spread things before time or on expiry, whichever comes earlier. In this manner, the scheme moves from one opportunity to another. Product approach: There is an inherent opportunity in the spread that lies between cash and futures. When the spread is high stocks are bought; at the same time futures are sold to lock in the difference which is then bound to be zero at expiry. Product characteristics: Risk Free: On the whole, it is risk-free and can be compared to RBI bonds and GILT funds. High Returns: As compared to other zero risk products, it offers roughly an 8% post tax returns. Product details: ? Minimum Investment: Rs. 5 lakh ? Lock in: 3 months Reporting: fortnightly for portfolio net worth, monthly for portfolio holdings/Transactions ? Charges: 0. 035% brokerage for cash,0. 075% for delivery SWOT ANALYSIS Of PMS (Portfolio Management Services) offered by SHAREKHAN Ltd. Strengths In Sharekhan’s PMS (Portfolio Management Services) It has a pr oduct like NIFTY THRIFTY. It is the big strength for Sharekhan, because Sharekhan is only the license holder of NIFTY THRIFTY. Generally investors give more preference to this product because it works on the TECHNICAL basis and gives maximum returns is just about 40%. It is the maximum returns that no other product gives this much of returns to investors. The other product i. e. BETA Portfolio which works on Fundamental level. In this product 80% of the portfolio is trade in the Delivery basis and the remaining 20% is trade in Option basis i. e. buying calls/puts. so investors gets fixed returns. So the product ProTech is very big strength of the Sharekhan Ltd. Weaknesses Sharekhan’s other products ProPrime and ProArbitrage does gives as much business as ProTech. In this two products risk is low and the returns are also steady or low. In this scheme money of investors invested in RBI Bonds and GILIT funds, in this way though as compare to other zero risk products, it offers roughly 8% post tax returns. So generally because of this investors are not prefere to invest their money in this scheme. Because of large investment in PMS (Portfolio Management Services) it is minimum 5 lakh Investors does not take interest in such scheme. Sharekhan does not have the product of small investment, under 5 lakh that the retail investors also take interest in PMS (Portfolio Management Services). Opportunities As per mention above only Sharekhan has the license to operate ProTech which includes NIFTY THRIFTY and BETA portfolio so investors does not have any other option for investing there money if they want to invest in ProtTch. So this is proved as a very big opportunity for Sharekhan to capture the market and to get the customer as far as ProTech is concern. As per the studies the retail investors are taking interest in investing in PMS. Because in PMS the portfolio is managed as a individual basis. In PMS services there is a fund Manager who manages our portfolio. So now retail investors are also take part in PMS services. So it will be opportunity for Sharekhan to increase their business and will take market lead. Threats In Pune Kotak and Motilal Oswal are the good competitors of Sharekhan. Because Kotak has a 12 years experience in PMS services , they have good products like Sharekhan . The second competitor is Pukhraj Securities because they provide the PMS scheme which has the minimum investment Rs 2, 00,000/- And Sharekhan has the products which has minimum investment Rs. , 00,000/-So Pukhraj also become a good competitor for Sharekhan. Second the entries of Reliance in stock broking will defiantly create a problem for Sharekhan. Market share of different stock broker for PMS in Pune [pic] The market share for PMS in Pune is captured by Kotak more than Sharekhan as well as other stock brokers. It is leading be cause Kotak provide this service from more than 12 years. Sharekhan started this scheme from 2003. In very short period it also captures market and highly competes with Kotak. And put back to the others. [pic] Because of higher investment requisition such as minimum investment is of Rs. 5,00,000/- in PMS so the no of investors are less than other products. [pic] After taking the 100 client’s interview the result is derived as out of 100 investors 35 are go for sharekhan to invest their money. The second on the rank is Kotak. So it is proved that the PMS scheme provided by sharekhan is more preferred by investors. Conclusion After the studies I have concluded that if company provides the better product as well as schemes not only high class or higher income group will invest but the middle income group is also take interest in investing their money in share market. Only because of one best product and scheme if company launches it can be a market leader for that and will captures the more share of market. BIBLIOGRAPHY Books: – Financial Management Textbook. ? Marketing management Textbook. ? Sip student’s Manual Book. Pamphlets Printed by Various Stock Broking Firms. Web Sites: – ? www. Sharekhan. com ? www. MoneyControl. com ? www. Kotak. com ? www. AnandRathi. com ? www. MotilalOswal. com ? www. ICICIDirect. com ———————– I understand objectives of my management thesis. I prepared questionnaire to collect primary data from customers. I used data collection techniques like questionnaire & interviews. I compiled collected data using excel sheet. I analyzed collected data using various tools & graphical way. I draw conclusion from collected data & make report on it. Pune

Drug Use And Its Effects On The Community - 1474 Words

Drug use doe not only affect the users but also have a devastating effect on the wider community as a whole. This includes their friends, families, government resources and businesses. Economically, when the effects are quantified an estimated $180.9 billion is lost annually due to drug use as reported by ONDCP in 2002. Drug abusers experience several severe health effects ranging from ill-health, general sickness to death. Different drugs used by an individual has different health effects such as cocaine, methamphetamines and even alcohol. Excessive and continuous consumption of alcohol leads to liver cirrhosis which is a very dangerous condition ultimately leading to death. Drug use has four major effects on its consumer which are medical, addiction, social and economic. Addiction is the greatest effect of drug use to an individual as it is the underlying course of all other drugs related problems. When one is addicted, it means he/she cannot live without consuming that substance. Continuous consumption of those drugs will lead to a devastating health effect and economic impact. Apart from addiction, health effects such as HIV/AIDS and hepatitis are caused by sharing of needles when using the drugs. AIDS, which have no cure can be transmitted through sharing needles with an infected individual. St atistics prove that 4 out of every 10 deaths of AIDS are drug related in US. Apart from the needle sharing, the intoxication from the drugs leads to impaired judgment whichShow MoreRelatedThe Signs Of Addiction And Addiction898 Words   |  4 Pages Families can do different things that can help with addiction. According to Alcohol and Drug Abuse Affects Everyone in the Family (2015), families can learn the facts about drugs and addiction so they can know what to expect. The family needs to make sure they get help for themselves other than getting help for the addicted person, but also learn what they can do to help the addicted family member. They would maybe need to get a family intervention and always look for a long term recovery. The familyRead MorePrescription Drug Abuse1298 Words   |  5 PagesPrescription drugs are being taken for reasons other than the ones they are being prescribed for, fueling an addiction that impacts as many as 48 million Americans (Prescription Drug Abuse WebMD). According to MedLinePlus, an estimated 20 percent of people in the United States have used prescription drugs for nonmedical reasons. This is prescription drug abuse. While a considerable amount of time, resources, and attention are focused on the problems associated with illicit drugs, prescription drug abuseRead MoreThe Movie The Wolf On Wall Street Essay1369 Words   |  6 PagesDaring to Defy Drug Abuse If you have ever seen the movie The Wolf on Wall Street, there is no doubt you have seen the effects drugs can have. Leonardo DiCaprio portrays a high-strung stock broker reliant on a multitude of illegal drugs to keep up with his hectic life style. His addiction gets so severe that at one point in the movie, he is lying on the floor, unable to move due to the drugs’ effects on his body. Even though the movie is set in the 90’s, a decade infamous for its use of drugs, today, drugRead MoreThe Needle Exchange Program And Methadone Clinics Promote Public Health902 Words   |  4 Pagesclinics promote the abuse of drugs. The harm reduction approach intends to treat and educate addicts in hopes they will stop the abuse and decrease the rate of disease. Not all drug addicts are criminals, and those who are not criminals may actually have a â€Å"true† addiction or illness. Instead of criminally charging those individuals, the policy is trying to connect with them to g et the actual help they need. For years now, the United States has attempted to ban such drug use with no success. The governmentRead MoreThe Legalization Of Drug Legalization1310 Words   |  6 Pages Drug decriminalization is opposed by the majority of Americans. Leaders in drug prevention, education, treatment, and law enforcement are against it, as are many political leaders. However, pro-drug advocacy groups, who support the use of drugs, are making headlines. They are influencing legislation and having a significant impact on the national policy debate in the United States. Although, pro-advocacy groups claim decriminalization of drugs will lower incarceration rates and boost the economyRead MoreThe War On Drugs : American Foreign And Domestic Policy1676 Words   |  7 PagesThe United States has focused its efforts on the criminalization of drug use. In June 1971, President Nixon declared a â€Å"war on drugs.† He dramatically increased the size and presence of f ederal drug control agencies, and pushed through measures such as mandatory sentencing and no-knock warrants. . The War on Drugs has been a centerpiece of American foreign and domestic policy. The rhetoric of war shaped the impact of methods. Not only does war require military strategies, but an enemy as well. InRead MoreThe Internet And Modern Media1509 Words   |  7 Pagesmodern media promotes messages that may or may not support the use of drugs. This corresponds with the concept of role models, as those who are respected by teenagers are privy to a greater level of exposure into their life. Therefore, their â€Å"adult habits,† such as drinking can lead teenagers to act accordingly due to the manner in which they deify their role models. Conversely, if a role model(s) is adamant in abstaining from drug use, their ideologies will trickle down to their teenage followersRead MoreWhat Is The Potential For Addiction?1320 Words   |  6 Pageseasiest drugs to become addicted to. The addiction is very severe, many people relapse after long periods without the drug. However, the more the drug is used, the harder it is to receive a â€Å"high†. Methamphetamine is both psychologically and physically addictive. The drug is known to be psychologically addictive because users have anxiety while in withdrawal to the drug. The drug is also physically addictive because the body creates a tolerance to it and there are negative symptoms when the drug is withdrawnRead MoreRisk Factors For Adolescent Drug Abuse1462 Words   |  6 Pages Body: Risk Factors for Adolescent Drug Abuse There are an abundance of risk factors that can relate to the contribution of drug abuse in adolescents. The primary risk factors can be divided into two main categories: social and emotional triggers. Social factors play an important role because during the adolescent years it can be an extremely emotional and physically tough time for teens to transition through. Adolescent phases are one of the biggest transitional stages in a person’s life becauseRead MoreDrug Abusers And A Small Community867 Words   |  4 Pagesarticle looks into the lives of drug abusers in a small community. It aims to discuss the problems Methamphetamine users face in their day-to-day lives. It opens by explaining how people become first â€Å"turned on† to speed, which is usually in a big group and by someone that they are close to who has used the drug before. Even individuals who are initially revolted at the idea will succumb to the pressure of fitting into the group. Individuals who had u sed other drugs in the past, mainly Marijuana or

Police Brutality Of The United States - 1529 Words

In recent years police actions, especially police abuse remains one of the most serious and estranged human rights violation in the United States. While citizens worry about protecting themselves from criminals, it has now been shown that they must also keep an eye on those who are supposed to protect us. Thousands of individuals that complained about police abuse are reported each year and local authorities pay out millions of dollars to victims in damages after all the lawsuits. Police have beaten, shot at unresisting suspects; they have misused their batons, and also their electroshock weapons. Over the past decade, police officers have acted out in ways that make people wonder, are these officers of the law really doing their job? Severe beatings, unjustified shootings, and rough treatment have all contributed to the problem of police brutality in America. Police officers continue to abuse their given authority by acting in a brutal manner in order to control a detained suspect. The job of a police officer is to maintain public order, prevent, and detect crime. They are engaged in a dangerous and stressful occupation that can absolutely involve violent situations that must be controlled. In many of these confrontations with the public, it may become necessary for the police to administer force to take control of the situation. Sometimes excessive force takes the form of hand-to-hand combat with a suspect who is resisting arrest. At least once every month or two the newsShow MoreRelatedPolice Brutality And The United States Essay1408 Words   |  6 PagesPolice brutality in the United States has escalated in recent times. To develop a peaceful environment amongst human beings, one of the main topics to look at is human rights. While more often than not, police brutality violates the concept of human rights it is still a very important task to discuss the topic and create possible solutions to such a concerning and threatening issues in the United States. In this case, statistics is a very important factor that is required to display how serious ofRead MorePolice Brutality And The United States1479 Words   |  6 Pages Police Brutality in the United States University of Nebraska Kearney Colton Blankenship Abstract This research paper is an overview of police brutality in the United States. The paper covers what police brutality is and the definition. The information about police brutality is expanded about what is reasonable and excessive use of force an officer can use. Information is included about the thoughts of what the citizens feel about police brutality. Among the white andRead MorePolice Brutality And The United States1286 Words   |  6 PagesPolice brutality continues to be one of the most serious and contentious violations of human rights in the United States. The unreasonable amount of force used by police officers prevails because of a lack of accountability. This makes it feasible for officers who do violate human rights to get off clean and recommit the violation. A sad fact is that police and/or public officials deny time after time any claims of human rights violations, claiming it was an abnormality, when they should be takingRead MorePolice Brutality And The United States Essay1484 Words   |  6 PagesAssault Being a minority in the United States has never been easy and does not seem to be getting any better. Minorities have been exposed to violence by law enforcement for many decades. Law enforcement s are tasked with protecting and serving its citizens, not to harass and assault them. Police brutality is a continuous problem in the United States and officers need to be accountable for their actions. This research project will examine how police brutality often leads to death because of someRead MorePolice Brutality Of The United States1415 Words   |  6 PagesPolice Brutality Police abuse is one of the most violated human rights in the United States. Police are portrayed as heroes that stop bank robbers, stop kidnappings and catch murders, but as of recent year’s police actions have come into the public eye. While typically citizens worry about their safety from criminals, it also seems they have to keep an eye out for the people who are supposed to protect them from danger. Thousands of complaints about police brutality is reported each year, and seemsRead MorePolice Brutality And The United States1630 Words   |  7 Pages Police Brutality is an ongoing problem and existent concern in the United States and should be resolved immediately. Law enforcement must function as an element that consists of organized and civilized officers. The presence of police brutality is becoming more of an issue as society grows. The problem posed by the illegal exercise of police power is an ongoing reality for individuals of a disfavored race, class, or sexual orientation. Police brutality must be stopped so that police do not forgetRead MorePolice Brutality Of The United States2239 Words   |  9 PagesIntroduction Police brutality against minorities across the United States has become a huge topic of interest. There are multiple events where interactions with minorities have had a horrible outcome. Police brutality is defined as the use of excessive force against a civilian and has caught the attention of many in the past few decades. This paper will argue that law enforcement officers disproportionally target minorities as criminal suspects. Racial profiling takes place due to law enforcementRead MorePolice Brutality And The United States1608 Words   |  7 PagesPolice abuse remains as one of the most deliberate human rights violations in the United States. For over a decade police have acted in ways that makes us question their professionalism. Makes the wonder if law enforcement are taking advantage of their criminal justice â€Å"powers† October 22 is â€Å"National Day of Protest to Stop Police Brutality, Repression and Criminalization of an Entire Generation†. (Aol News). On October 22 many people across the country wear black to fight back against police brutalityRead MorePolice Brutality And The United States Essay1474 Words   |  6 PagesBeing a minority in the United States has never been easy and does not seem to be getting any better. Minorities have been exposed to violence by law enforcement for many decades. Law enforcement s are tasked with protecting and serving its citizens, not to harass and assault them. Police brutality is a continuous problem in the United States and officers need to be accountable for their actions. This research project will examine how police brutality often leads to death because of some officersRead MorePolice Brutality Of The United States Essay2135 Words   |  9 PagesThe United States is facing a continuous wide spread of police brutality from the past to today. TV Networks, newspapers/magazines, bloggers and forums are getting involved into the discussion about police brutality. After a father bought a t oy gun for his son for his birthday, his son went outside to play and a police officer saw him with the gun not knowing it was a toy and shot him several times. This incident occurred in Sonoma County in October 2013. Something close to that happened in November

Essay on Article Review - 961 Words

Article Review Steven Anders Criminal Justice 500 November 30, 2014 Honorable Scott W. Naus Instructor Abstract Judges are the most prestigious members of the court system, but they are faced with challenges that reflect upon there ethics, and faithfulness to the people they serve. Often judges make careless misstates and forget that they are appointed or voted in by the public. Therefore some judges have been removed from the bench due to their behavior that includes, sexual allegations, taking cash, making racist and sexist comments, and lying to a grand jury just to name a few. Voters elect some judges, governors or the president of the United States appoints some and others are appointed through a merit selection.†¦show more content†¦Many issues may arrive because of this and create problems within the courts. According to Skaggs (2010) â€Å"A recent study of the Texas Supreme Court, found that the more money a petitioner contributed to the justices, the more likely it was that the court would accept a petition for review†. Contributions may show that a judge is in favor of the individual that may give the most money to there campaign which may give true insight on what kind of judge they will be in the future. In the past some judges have abused their office because of the lust of their flesh and the pride of life. Many have given over to the power and prestige of the office instead of walking in humility of the office of judge. The article Are Campaign Contributions Compromising The Independent Judiciary also gives verification that there are issues within our current system today. According to Jefferson â€Å"People doubt that a judge who have received campaign contributions from a lawyer will remain neutral when deciding the donor’s case†(Jefferson, 2010). People may not really care about the reputation of a judge but rather look at how much money that particular judge have spent on there campaign. This type of actions by canadates has affected the public views by decreasing the public confidence in America’s courts. By adopting a system where judges are seeking a judges seat would eliminate much of the negative response by the people. By focusing on a candidate’s work ethic andShow MoreRelatedSample Article Review1246 Words   |  5 Pagese Article review : Sample 1 Source Bell, R.L. Lederman. (2003). Understandings of the nature of science and decision making on science and technology based issues. Science Education, vol.87, no.3, p.352-77, viewed 15 March 2005, EBSCOhost database Academic Search Premier, item: AN9578033 Introduction This review critically reviews the article ‘Understandings of the nature of science and decision making on science and technology based issues’ by Randy L. Bell and Norman G. Lederman which appearedRead MoreArticle Review : Our Undemocratic Constitution1202 Words   |  5 PagesBicameralism and Constitutional Article V are two of the main factors Levinson believes contribute to this difficulty. Bicameralism means it takes two legislative houses instead of one to approve any legislation. Levinson feels â€Å"Whatever the undoubted attractions of bicameralism, it always makes it harder to pass legislation (35).† He believes having two houses that do basically the same things just slows down the process of actually making a change to the constitution. Article V however, is another partRead MoreWhat Does It Take A Good Review Of An Original Scientific Article ( 6 Points )? Essay882 Words   |  4 Pagesto Dr. Hoppin, what does it take to do a good review of an origi nal scientific article (6 points)? Dr. Hoppin discussed four main responsibilities in guiding reviewer in the reviewing process of scientific paper. When reviewing a scientific article, the role of reviewers is to shear their experience, knowledge, time and provide constructive criticisms and suggestions. The reviewer has to be motivated by providing suggestions for improving the article to be more educational, informative and usefulRead MoreArticle Review1045 Words   |  5 Pagesremaining childless until age 35 years? Results from an Australian birth cohort study. (Steele et.al, 2014) Article review. The study described in the article attempts to demonstrate that precarious employment conditions force women to procrastinate first childbirth till age 35. Below here there are the short summary of this article and its evaluation, focused on the choice of variables, the article structure and the study results. The base for the study was the same as in the Life Journeys of YoungRead MoreArticle Review1471 Words   |  6 Pagesfound and used in clinical application. The three articles studied in this review use very different methods of predicting patient outcomes, and prove more accurate than the current â€Å"predictions... from randomized trials of individual chemotherapies, or SEER (Surveillance, Epidemiology and End Results) estimates†(Obermyer, 2017, p. 18). Regardless of their apparent successes, there is room for improvement in all three articles. Review The first article, â€Å"Machine learning mortality prediction at startRead MoreArticle Review734 Words   |  3 Pages The peer-reviewed article I analyzed was â€Å"Conducting a Functional-Based Intervention I a School Setting to Reduce Inappropriate Behaviour of a Child with Autism†. The focus of this article is â€Å"to assess the utility and feasibility of using three functional behavior assessment procedures in conjunction with the Behaviour Capture program when identifying the function of problem behavior in a school and to inform development of a function based intervention.† (Camacho, Anderson, Moore, FurlongerRead MoreArticle Review On The 1365 Words   |  6 PagesOur Father Who Is In Heaven By J Stark | Submitted On January 13, 2016 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author J Stark Is this simply a prayer recited by many, under varying circumstances or mightRead MoreArticle Review1052 Words   |  5 PagesIn the article, â€Å"Organized Greek Games†, the author, William J. Baker’s goal was to educate on the difference between Olympic Games as they are today, compared to Olympic Games as they used to be in ancient Greece. In this article, William Baker also described to us, the relationship between the ancient Olympic Games, and Greek religion, what some of the Greek philosophers thought of the Olympic Games, and the role of athletics in general, in ancient Greek Society. William Baker’s article, â€Å"OrganizedRead MoreArticle Review1507 Words   |  7 PagesFirst educational researchers realize that scientific methods of research do not adequately measure what is happening in the classroom. Secondly, new technologies have led to new classroom activities that necessitate new methods of analysis. This article suggests that if current tr ends continue, descriptive research methodology will grow in popularity and use.Read MoreArticle Review759 Words   |  4 Pages which contribute to vast databases that can be used by law enforcement. In the article â€Å"Private License Plate Scanners Amassing Vast Databases Open to Highest Bidders,† RT, March 6th, 2014 has increased that they tenfold its plate scans since September 2010, and adds 70 million scans a month. Following that, the publication In These Times, a progressive activism journal out of Chicago, continuously in their article â€Å"who has a right to track you?† Corporations argue that they have a right to collect

Case Overview for Kamay v the Queen †Myassignmenthelp.com

Question: Write about theCase Overviewfor Kamay v the Queen. Answer: Introduction In the case of Kamay v The Queen[2015] VSCA 296 (13 November 2015), the Supreme Court held the defendant Lukas Kamay guilty of money laundering, identity theft, and insider trading (Australasian Legal Information Institute, 2015). The defendant pleaded guilty to all these charges. The Supreme Court Justice, Elizabeth Hollingworth, regarded this case as the worst instance of insider trading which has come forward before any of the courts in Australia. Facts of Kamay v The Queen Lukas Kamay was the associate director at the foreign exchange sales desk, of the National Australian Bank, in Melbourne, and Mr. Hill was the time series analyst, at the Australian Bureau of Statistics. Kamay and Hill had a mutual arrangement, according to which, Hill would provide the information pertaining to the MEIs (Main Economic Indicators), which are regarded as significant, as well as, supremely confidential statistics, related to the state of the market of the Australia, as well as, the economy of the country, to Kamay. Kamay would then use this MEI information, to sell/buy the margin FX contracts (Australasian Legal Information Institute, 2015). Some of these were deliberately traded at a loss, to show a normal trading pattern. Kamay went beyond the agreed limit, set between him and Hill, of $200000. This resulted in a net profit of above $7 million to Kamay, whilst Hill received only $200000 from this arrangement.. Supreme Court New South Wales Supreme Court Justice, Elizabeth Hollingworth, in the matter of the charges relating to insider trading, found that, Kamay knew that this MEI information was not ordinarily available information (Danckert, 2015). She held that in case this information was ordinarily available, any prudent individual would anticipate it to have a major effect upon the value/price of such contracts. She further held that the insider trading was not a victimless crime, as it not only harmed the market, but the public confidence as well. She acknowledged that Kamay had conducted 45 transaction, spread over a period of 8 months, in a carefully planner, premeditated manner. Further, Kamay took deliberate steps to conceal this by incurring some losses. So, Kamay was motivated purely and simply by personal greed, and there was no financial pressure, or any addiction problems. The judge held that even though the defendant was legitimately regretful, but the general deterrence had a key role in this whole sche me. So, she awarded Kamay imprisonment for 7 years, 3 months, for insider trading, along with a non-parole period of 4 and half years (Vines Carlyon, 2015). Judicial Interpretations Supreme Court Justice, Elizabeth Hollingworth considered that Kamay was trying to cover the proceeds of the crime committed by him, by attempting to wear a cloak of respectability. Kamay was clearly aware about the confidentiality of the MEIs, and even though it is not a serious crime, but there was a harm caused to the general public (Narushima, Rooy, Randall, 2015). The judge also considered the sole motivation of Kamay, was to gain profits. Conclusion The judge, considering this the worst instance of insider trading, said that Kanay had only brought shame, as well as, embarrassment to himself, along with his family. Though, she held that Kanay had outstanding hopes for rehabilitation. During the sentencing, Elizabeth Hollingworth acknowledged, that she wanted the young people to be deterred, from engaging in such criminal conduct, in the corporate world. References Australasian Legal Information Institute. (2015). Kamay v The Queen [2015] VSCA 296 (13 November 2015). Retrieved on 06/10/16 from: https://www.austlii.edu.au/cgi-bin/sinodisp/au/cases/vic/VSCA/2015/296.html?stem=0synonyms=0query=Kamay%20v%20The%20Queen Danckert, S. (2015). Insider trader Lukas Kamay jailed for seven years. Retrieved on 06/10/16 from: https://www.theaustralian.com.au/business/insider-trader-lukas-kamay-jailed-for-seven-years/news-story/952d8812aa879f484214f7a5ebb3cae1 Narushima, H., Rooy, J.V., Randall, S. (2015). Court comes down hard on Young insider trading offenders: DPP (Cth) v Hill and Kamay [2015] VSC 86. Retrieved on 06/10/16 from: https://www.lexology.com/library/detail.aspx?g=a702268d-82cc-402a-a9f8-956a88530648 Vines, H. Carlyon, P. (2015). 'Greedy' pair Lukas Kamay, Christopher Hill jailed over $7 million ABS insider trading scam. Retrieved on 06/10/16 from: https://www.abc.net.au/news/2015-03-17/pair-sentenced-over-abs-insider-trading/6324526

Jacksonian revolution Essay Example

Jacksonian revolution Essay As a person and as a president Andrew Jackson was looked upon in different ways.There are many people that have a high regard for him during his presidency, while others scorn him as a president.He is portrayed as an intimidating, energetic, aggressive and compelling person. Several people are under the impression that Andrew Jackson was responsible for the creation of the Democratic Party, however, this article expels this idea and informs the reader the actual story.John C. Calhoun and Martin Van Buren banned together to form an alliance with one another as well as with several politicians from the south.A political organization that revolved around the presidential candidacy of Jackson was created by this group of southern politicians.This political organization became acknowledged as the Democratic Party.From knowing this, it is evident that Andrew Jackson was not the creator of this party; rather, it was the group of politicians that admired Jackson that were responsible. The m embers of the Democratic Party practice the same principles as Jackson.They opposed the idea of a strong central government, as well as, a broad interpretation of the Constitution. The idea of the federal government sponsoring public works was greatly opposed by the Democrats.They argued that internal improvements could inflate the power of the central government and jeopardize liberty. During his presidency, Andrew Jackson used his powers in numerous amounts of ways.Jackson vetoed many bills that came across him, this exemplifying a way in which he used his power.Jackson vetoed congressional legislation more times then all the other presidents combined. Another example of how he used his power was he favored majority rules.He announced to Congress The majority is to govern.This belief was mostly due to the fact that he was devoted to a strict dedication to democracy.Jackson p

Basics of the Food Industry essays

Basics of the Food Industry essays The food that we ingest will be separated into many biochemical energies giving to different organs in their bodies after digestions. In other words, food will become a part of their bodies, and that determines their bodies' performance. Therefore the quality of food will directly reflect on their health, and that is the thing they should care about the most. Unfortunately, as the rapid development of economy, advanced science, and technology, the pace of people's lives are constantly accelerating. Consequently, people wish everything can be faster and faster just like cell phones, internet, as well as food, so that many of them ignore the importance of eating healthy. As a result, they offer an opportunity for more and more food companies to procure business advantage by producing convenient, low cost, and industrial food, and leave their health behind. As Robert Kenner states in the book Food, Inc. that food industry influences "our health, our environment, our economy, and the rights of workers" (27). He points to the bad influences of the food industry which impact every corner of people's lives. The food industry leads people to an unhealthy lifestyle by excessive advertising, abundant People's lifestyles are easily misled by the food industry via media excessive advertising. In the recent three decades, telecommunication technology is widely used in this world. Internet, television, radio, and cellphones have already broken through the traditional limit of time and space, logistics, and information flow. That provides an excellent opportunity for commercials. As Eric Schlosser and Charles Wilson say in their book, Chew On This, "During the course of a year, the typical American child watches more than 40000 TV commercials. About 20000 of those ads are for junk food: soda, candy, breakfast cereals, and fast food" (57). From that statistic number I find that the kids watch an ave...