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Tuesday, August 25, 2020
Cookies as Spyware Essay Example for Free
Treats as Spyware Essay This paper tends to Cookies as Spyware. The choice picked was to break down the issues related with treats being utilized as spyware. Are treats bits of noxious, kindhearted, or honest programming? The following passages of this paper will examine the different employments of treats. Furthermore, at that point, the paper will finish up with my sentiment about treats dependent on my examination discoveries. Since web perusing utilizes a stateless association, treats are utilized to keep up the condition of a perusing meeting. Treats are little information documents that are delivered by a web server that are put away on your PC. Treats permit a customized web perusing experience on account of the recognizing data that they store inside them, (for example, login data, passwords, site pages visited, as well as things set in a shopping basket). There are various sorts of treats that are made for explicit purposes. They incorporate meeting, determined, first-gathering, and outsider treats. Meeting treats are utilized to store data identified with a specific visit during one meeting. Constant treats are utilized to store data for all time on your hard drive about your collaborations and additionally inclinations with a specific site. First-party treats are utilized by the particular webpage that made them while their site is being visited, though outsider treats are not made by the site that is being visited. Outsider treats are made by another site other than the site being visited, for example, a standard commercial on the website page that is being visited. (ââ¬Å"Encyclopedia,â⬠) While most treats seem, by all accounts, to be utilized exclusively to upgrade the userââ¬â¢s web perusing experience, treats can be utilized for different purposes including adware or spyware on the off chance that they contain dynamic code. Adware is utilized to naturally download or show ads on a personââ¬â¢s PC. Spyware is innovation used to accumulate data about an individual or association without their assent or information and hand-off that data back to publicists or other invested individuals. (ââ¬Å"Information security magazine,â⬠2008) Technology has advanced to where treats can or have been mishandled, so they are related with some security dangers. The dangers related with treats are seizing (meeting commandeering), erroneous distinguishing proof (because of numerous client accounts or various programs being utilized on a solitary PC), harming or taking (treat control), and absence of termination or misleadingly long lapse periods (permitting treats to remain when they are not, at this point required can permit the treats to be taken or assaulted). (ââ¬Å"Are all cookies,â⬠2010) All of these security dangers can be utilized to access or take individual data from a client or their PC. All in all, from the exploration articles looked into, it is my feeling that treats are both helpful and conceivably destructive whenever utilized inappropriately. Treats can be utilized securely to make the most of their useful purposes for web perusing by adhering to some straightforward guidelines. Routinely discover and erase pointless treats by exploring to the way on your hard drive where your treats are put away (C:Documents and Settings[username]Cookies). There truly isnââ¬â¢t much risk in erasing these records since new treats are naturally downloaded whenever you visit the website in any case. Additionally, check to ensure that your program settings are just permitting first-party treats (limit outsider treats). Another significant thing is to introduce antivirus programming, (for example, Symantec Endpoint Protection, Sophos, McAfee, or some other respectable seller) and keep your antivirus programming refreshed appropriately. Perform customary outputs on your hard drive and every single connected fringe to forestall contaminations. Continue working framework patches refreshed to keep anybody from hacking your framework due to a known helplessness. Web perusing would be considerably less customized on the off chance that we totally denied ourselves the benefits related with treats.
Saturday, August 22, 2020
Data Communication and Networking Assignment Example | Topics and Well Written Essays - 250 words
Information Communication and Networking - Assignment Example Utilizing this technique, a PC can sidestep some entrance controls or servers or even mimic different PCs on a specific system, consequently a basic method to hack into the framework. A man-in-the-center assault through DHCP, otherwise called DHCP caricaturing happens when an assault is started, and the assailant attempts to make DHCP demands reactions by attempting to enroll as the default server. In such a case, traffic is caught before it is sent to the client portal. Brute: This is a hacking instrument created in Delphi that contaminates Windows working frameworks. Brute works in figuring out mode and gets the necessary codes. It uses a few ports and can end the activities of an antivirus or even a firewall, to pick up section into a casualty. RSA is a topsy-turvy open key calculation while DES utilizes figure that is old symmetric. RSA utilizes two keys, an open one and a private one while DES utilizes one key that is shared. DES can deal with huge lumps of information, a component that is delayed in RSA. Both are mystery keys. PGP is normalized programming that uses the previous calculations and others for activity. PGP is in this manner not a calculation in essence but rather needs to utilize different calculations however play out a similar encryption work (Keith,
Thursday, August 6, 2020
Why Writers in Southeast England Should Visit New Writing South
Why Writers in Southeast England Should Visit New Writing South Perhaps contrary to the title of this article, there are plenty of reasons anyone â" regardless of geographical location â" should visit New Writing South. As their tagline reads were here for anyone who loves to write.As might be expected, New Writing South is a website and organization offering free and low-cost resources for writers. Located in Brighton a short walk from the English channel is The Writers Space which is a room for hire offered by New Writing South. Locals, and interested writers who will be in the area, should take some time to stop by The Writers Space and look into upcoming events, or book their own events by renting out the space. As rentals help to support New Writing South, the modest fee can be a good way to secure a place for a writing group or book club (with wi-fi, coffee, and tea) and also make sure that the content from New Writing South keeps coming.New Writing South provides resources for writers in Southeast England and beyond.Content for Brighton localsThe first thing that struck me as wonderful about New Writing South, was the layout of the NWS website. The first tab is Whats On, and for locals this will be the place to check first. Offering several events each month, New Writing South represents the prose, poetry and LGBTQ+ community of Brighton. They host events that will appeal to a wide audience and which focus on inclusivity and artistic expression. Furthermore, a partnership with the Jublilee Library means that the workshop and events pages of the website allow an interested writer to keep their finger on the pulse of the Brighton writing scene. This means access to free writing workshops to help authors finish their book, polish a certain genre, or craft a novel that is marketable in the current literary climate. Further, monthly retreats to the Writers Place will offer authors a quiet and constructive environment to plan, plot, and write their stories with like-minded writers.If all of these programs have caught you r attention, then looking into some of the courses offered by New Writing South may be a logical next step. Currently offered are creative writing programs in partnership with East Sussex College, novel development programs, and short fiction writing classes designed by respected, published authors. These classes range in price but the average cost to take a class will be about £130 or around £90 with a New Writing South membership. Memberships cost from £12-20 per year, and youll usually make back that cost if you take only two writing classes.Also offered are intensive 1:1 Writers Surgeries intended to get your work under control, and heading in the direction you desire. Whether that be self- or traditional publication, or some other goal, the one-on-one lessons promise to tailor themselves to the needs of the author. These are a bit more expensive, coming in at around £150, but are also discounted for members of New South Writing. Further, on-going mentoring, free manuscript reading, poetry critiques for low-income local authors, script reading, and literary consultancies are offered by New Writing South.Finally, New Writing South has a number of special projects on the go at any given time. These range from art shows, to festivals and theatre performances, to other community-driven endeavors. These are mostly free to attend, but sometimes have a small entrance fee, and can be a great source of entertainment and engagement for a family night out, a personal treat, or even a casual date night.The creative writing programmesPerhaps the most impressive offering from New Writing South are their creative writing programs. Offering classes on autobiography, creative writing, poetry workshops and life writing, these one- and two-year long classes are intended to equip a writer with the tools necessary for success. With lessons taught by PhDs in the field of literary study, these are the equivalent of a University crash-courses and run from 2-4 semesters (1-2 y ears). The cost for attending is around £995 yearly, but for those unable to pay the fee upfront, a £100 deposit is required, and payments can be made in installments.The program features one-to-one tutoring, practical exercises, readings, discussion of published work, group discussions led by a qualified tutor, interactive learning sites where students can access seminar notes and exercises, a writers forum to contact other writers in the group, and approximately 75 class-hours each year. In addition to regular classes the program includes tutorials and a weekend school intended to offer a more intensive learning experience twice each year.Spaces for each program are limited, and they fill up fast. If you are interested, dont hesitate to look into the course that catches your fancy right away.For non-local writersThough very much a community-driven organization, New Writing South is in the process of developing online writing courses that will be offered regardless of geographica l location. Though these classes promise to be a hit, there are plenty of other useful resources available to the international audience while we wait for these to become available.For those of us who are less local, the New Writing South website has plenty to offer. One of the best features available are the interviews with authors. Recently this has meant interviews with Elizabeth Ridout, author of the poetry collection Summon; Jacqueline Haskell, author of the poetry collection Stroking Cerberus; and Ana Tewson-Bozic, author of the short work Crumbs.For those seeking to become involved in the writing community, or in other artistic endeavors, the News and Features section of the website often includes calls for performers, information on writers collectives, and literary salon invites which include publisher access and agent workshops. These opportunities are supplemented further by the opportunities section which provides links to (and information regarding) writing prizes, spec ial classes, university scholarships and other opportunities.A bit more hidden away are some more significant resources. First, New Writing South offers specialized bursaries, specifically for writers who face barriers to pursuing their writing careers. These bursaries come in the form of TLC Free Reads, workshops and courses, and free or discounted tickets to events.ArticlesThe next useful chunk of writing help comes in the form of articles for writers. These resources vary from tips for Preparing Submissions for Publishers, Self Promotion, and general advice on How to Be a Writer. These articles are a bit of a how-to for writers getting started, or for authors struggling with a particular portion of the writing/publishing process. The nice part of these documents is that they are given as PDFs and could be useful as teaching aids, or printables for a writers group, or a book club.In addition to the host of unique resources described above, the articles on New Writing South offer s ome incredible advice, writing tips, and insight into the industry that will be valuable to any writer looking to improve themselves, or better understand how to find success in the literary world. If you havent reached the point where you are ready to invest in New Writing South, or if you simply arent local to the Brighton area, I encourage you to read some of the incredible pieces offered on their website.The first I will suggest is this article on spotlight books. These are poets and authors who participated in New South Writing literary competitions, and were rewarded with services provided by the organization. Some of these writers have gone on to publish their work, either traditionally, or via self-publication.The second article worth your time is titled News from our Writers and speaks to the success of New Writing South in supporting authors as they seek publication. This particular article centers on Rachel Burge, a member of New Writing Souths Write Process group, whose debut novel The Twisted Tree was published by Hot Key Press.New Writing South provides community and support for writers, including free reads for low-income writers.Take awayIf you are a writer, actor, or poet living in Brighton or the surrounding area, you would be a fool to miss out on the resources provided by New Writing South and The Writers Space. Absolutely make use of the community which this organization has built up to support its writers, and the free and plentiful opportunities that it provides. If you are a writer struggling with finances or some other burden, take a moment to apply to the New Writing South bursaries to help you support your craft. If you are a tourist in the area, take some time to check out The Writers Space, or the event page on the website to check out what interesting thing is planned during your time in the city.If you are unlucky enough to have a large distance between yourself and Brighton, or if you cant make it out to Brighton as often as you might like, make sure to check in on the progress of their online courses from time to time so that you can take advantage of that opportunity when it arises.
Saturday, May 23, 2020
The Temperance Movement Of Antebellum America - 708 Words
Antebellum Temperance The Temperance Movement in Antebellum America was one of the largest moral reforms of in 1800s. Several members of the community fought for the prohibition of alcohol, rather than just limiting the about being consumed. However, ââ¬Å"many farmers argued that the society and its desire to eradicate King Alcoholââ¬âas temperance advocates often termed alcoholic beveragesââ¬âwere a scheme to deprive the people of their liberty. Starting with main in the 1851, twelve states and territories outlawed the consumptions of alcohol. Temperance leaders came about and the movement created many different temperance groups that later used an assortment of tactics and persuasion to get their points across such as political, art, and even education. ââ¬Å"During the first great wave of temperance protest lasting from the 1830s through the 1850s, working-class radicals and union organizers had urged temperance as necessary to both self-improvement and resistance to workplace oppression.â⬠The American Temperance Society was one of the first of groups to be established in 1826. Many other similar groups then began to follow their lead. The brotherhoods temperance activity incorporated aspects of earlier working-class and middle-class temperance efforts. For example, The Cold Water Army took pledges to only drink water. Another group by the name of The Washingtonians worked together to form a support group to help each other with their drinking problems, and encouraging noShow MoreRelatedThe New York987 Words à |à 4 PagesMoral reform movements were prevalent from the 1830s to the 1860s (Digital History 2016). Female Moral Reform Societies upset the bedrock of antebellum society. These reform societies paved the way for women to break out of the traditional roles that had been established for them from almost the beginning of time. Women became more involved in their communities and politics. There are three prominent areas where female reformist made improvement s in their local communities and the nation at largeRead MoreThe Roaring 20 s Era Of Growth And Reform1309 Words à |à 6 Pagesadvances in society and economy. New and different forms of dance, music, clothing, behavior, and lifestyle were developed nationwide. The Antebellum Period in the late 1700s increased rebellion, similar to the Roaring 20ââ¬â¢s era of growth and reform. As this time period brought profound changes, conflict, cultural excitement, and experimentation, the population of America was experiencing an alteration in social values. The American pride, similar to the pride we had when separating from the British, wasRead MoreThe Expansion Of The Antebellum Period1320 Words à |à 6 PagesPrior to the Antebellum Period, the United States began to expand its influence to the Midwest. Although there were conflicts regarding the state of slavery, the expansion of land helped the people of America attain cheaper and larger plots of land out west. Due to the fact that more land was available within the United States, immigrants had the desire to emigrate to America and establish new ways of life. Since both the Irish and the Germans brought their own ideologies with them, conflicts aroseRead MoreThe Antebellum Era: Major Social Reform Movements Essay1104 Words à |à 5 PagesThe antebellum period was full of social reform movements based on the urge to eradicate evil and improve human conditions in society. Despite the attempt to deal with a wide variety of reforms to provide positive changes to society these reform movements were met with varying degrees of success. This essay will focus on five of the major social reform movements of that era discussing their accomplishments, failures and impacts on America as a whole. They are the reforms of abolition, womenââ¬â¢sRead MoreIndustrialization Of The United States Essay2242 Words à |à 9 Pagestides and social conditions often spark factions in this nation. In the case of the Antebellu m period, new technology and working environments caused turmoil. In a few short decades, the country would be locked in a civil war. However, before that came a series of religious and reform movements. Some of these movements would grow into national conversations, but began first with small groups. In Antebellum America, industrialization caused a breakdown in social structure, especially norms of classRead MoreThe Role Women Played in the Social Reform Movements of the Antebellum Period1557 Words à |à 7 PagesThe Role Women Played in the Social Reform Movements of the Antebellum Period Comprehending the lives of American women and their roles is fundamental for understanding the entire antebellum period in America. The period 1820 to 1870 in the United States was marked by a forceful and widespread debate on womans roles and their proper vocation whether this be in the home or outside the home and becoming wage earners.This was, however, still a time in which females were Read MorePortrayals Of Women During 1800s And 50s Literature1107 Words à |à 5 Pagesresult of this study, I hope to shed light on the details of the abuse by inebriated men towards women during this time, as few first hand accounts are available. It is my working hypothesis that through the sheer number of women involved in temperance movements, we can infer that the horrors that inebriated men would inflict on women were widely known, if little discussed, and that while first hand accounts are highly limited, literary works can give us a look at what these intimate interactions andRead MoreThe History of Drinking Alcohol in America2758 Words à |à 11 Pagesearly America drinking alcohol was as common as eating. The water was not always clean and pure so people drank alcohol instead to be sure they wouldnââ¬â¢t catch any illnesses running through the water. This was until physicians realized how dangerous alcohol was and writers started to advertise alcohol as a poison. The n ext thing you know there are people against alcohol and many communities were being divided into people who drink and the people who donââ¬â¢t drink. This is when The Temperance movementRead MoreWomen s Fight For Equality1410 Words à |à 6 PagesFortunately, many preferred to fight for their rights rather than be considered proper. Though the achievement of suffrage is considered the beginning, women were fighting for representation, however subtly, long before the twentieth century. In Colonial America, and a few decades after the formation of the United States, an individual woman often fought for equal rights for herself, such as adopting business interests of a husband after his death. During the war for Americaââ¬â¢s independence, women began formingRead MoreThe Women s Rights Movement Essay2685 Words à |à 11 Pagesââ¬Å"The process of mobilizing a women s rights movement was, in fact, far more complex. Before the Civil War, activists organized local and national women s rights conventions, ââ¬Å"(pg. 1). Illustrating the matter, the womenââ¬â¢s rights movement began in conventions rather than an uncivilized matter. However, in the Antebellum period there were untold and implicated laws that empowered men and degraded woman. In addition, the shape of the womenââ¬â¢s rights movement can be l abeled as the limitation of woman,
Tuesday, May 12, 2020
Hatchet Essay - 686 Words
This book is written by Gary Paulsen. It takes place in the Canadian wilderness, where Brian Robesonââ¬â¢s, who is 13 yrs. Old, plane crashes. Brian shows a lot of determination and strength, to be able to survive in the wilderness, with no one else. The story starts out with Brian in the city, he lives with his mother, who is divorced. His mother gives him a gift before he leaves and it is a hatchet that fits on his belt so Brian puts it there. Brian meets the pilot and he is a nice man. Brian and the pilot get ready to leave and then Brian remembers that he saw a man kissing his mom but he does not let it bother him. Brian leaves and after an hour or so, the pilot was yelling and screaming that his chest hurts. He had a heart attack andâ⬠¦show more contentâ⬠¦He uses the shelter to protect him from the rain and some animals. After he builds the shelter, Brian uses his hatchet to make spears and arrows. He takes branches and sharpens the tip of them to make arrows and spears. quot;He had worked on the fish spear until it had become more then just a tool. He shoots the arrows at birds and throws the spears at fish. quot;I know about fire; I know I need fire.quot; Brian says this the second night hes there. Brian needs a fi re because he needs it for heat, to cook food and to keep animals away. Brian makes the fire with his hatchet and a rock. First, he figures out that he needs some paper so he takes his 20-dollar bill and tries to burn it. Unfortunately, the bill just burns right out and leaves him with no fire. After that, he takes his hatchet and cuts small pieces of bark. Then he piles them up under twigs. Then he takes his hatchet and hits a rock with a great blow and sparks catch the bark on fire. He hits another blow and the sparks catch the twigs on fire. Therefore, he has a fire. This process shows that whatever Brian sets his mind to he can do it. About two months later Brian went to the bottom of the lake to see if there was anything useful in the plane. He brought up a survival package. There were many useful things in there like bandages and matches. Couple months later, just before winter was going to hit a man shows up in a plane. The guy in the plane was the man Brian had talkedShow Mo reRelatedEssay the hatchet736 Words à |à 3 Pagescrash-lands because the pilot has a heart attack. It all started when Brians parents had a divorce. He was sent away on a plane by his mother because it was summertime when his dad had custody. The parting gift his mother gave him was a hatchet. He wore the hatchet on a belt. When he left on the private little Cessna 406 plane in the copilots seat he never could imagine how this little trip would change his life. In the airplane he thought a lot about his parents and the secret he kept. The secretRead MoreMovie Analysis : The Hatchet 1480 Words à |à 6 PagesCastaway The movie Castaway was released in 22nd of December 2000 first in USA and was made by a director called Robert Zemeckis. The hatchet is the first book from the Hatchet series written by Gary Paulsen. The book was first written in 1989 and it is still one of the famous book among younger readers. Both of the text have many similarities relating to the setting, characteristics but also many differences. The movie castaway is about a main character called Chuck Noland who gets stuck in anRead MoreHatchet Character Analysis1182 Words à |à 5 PagesIn the incredibly captivating, and exciting book Hatchet by Gary Paulsen the reader feels like she is experiencing a tough but believable journey. The bookââ¬â¢s main character, Brian, gets stuck on a deserted island as a result of a plane crash. This happens when a pilot has a horrific heart attack and Brian, who is not a pilot, has to control the plane by himself. All Brian has on the island is a hatchet his mother gave him, and he has to survive alone while also coping with a family issue. But sometimesRead MoreBurying the Hatchet Essay1075 Words à |à 5 PagesMemorandum To: Pat Tyler From: Naz Date: 4/17/16 Re: Mighty Mufflers Corp. (MMC) Loss Contingencies Issues The complexity of MMCââ¬â¢s accounting for its litigation liability must be addressed in three components. First, we must determine the amount necessary to be accrued as of December 2012 from the First Settlement. Next, we must determine the placement of the aforementioned accrual from the First Settlement on the income statement. Finally, we must determine how to account for the True-Up PaymentRead MoreThe Accounting Firm Hatchet And Co1983 Words à |à 8 Pages A) The accounting firm Hatchet Co (ââ¬Å"Hatchetâ⬠), could be sued by Giant plc. (ââ¬Å"Giantâ⬠), as in their audit, the company accounts has been overstated, causing initially a rise in the shares value but then naturally a drastic fall when Giant was found to be making losses. The accounting firm is also thought to be liable towards some shareholders as Gloria and Henry, which lost the money they invested in the company. Hatchet, being an Accounting firm and thus treated in the low of torts as a professionalRead MoreI Read Is Hatchet Book Report1018 Words à |à 5 PagesHatchet Book Report The book I read is Hatchet by Gary Paulsen. It is about a thirteen-year-old boy named Brian. This story takes place in the Canadian wilderness without a specified time. I think this book is both interesting and helpful because of its contents. To summarize the story, Brain was the sole passenger on the tiny Cessna 406 bush plane. He was flying from the U.S. to Canada to spend summer break with his father after his parents divorced. The pilot has a heart attack and the planeRead MoreAnalysis Of Gary Paulsen s Hatchet 1259 Words à |à 6 Pages Hatchet by Gary Paulsen is a realistic fiction novel that displays the many physical and mental challenges of surviving in the wild alone. This story, or as some would call an adventure, is about a young man named Brian Robesonââ¬â¢s struggle and fight to survive in the wild against all odds. When Brianââ¬â¢s plane crashes on his way to see his father in Canada, the pilot has a heart attack and eventually the plane goes down, leaving him stranded in the wild all alone. Being raised in a city, BrianRead More Review of Hatchet by Gary Paulsen Essay971 Words à |à 4 PagesReview of Hatchet by Gary Paulsen I read the book Hatchet by Gary Paulsen. The book was about a thirteen-year-old boy named Brian Robeson who was stranded in a plane crash. He was out in the Canadian wilderness trying to visit his dad. Brian is left with nothing but his clothing a tattered windbreaker, and the hatchet his mother had given him as a present. First as Brian and the pilot were flying to Brian father?s house the pilot was showing Brian how to fly the plane. ? Here, put yourRead MoreConflicts of Man Versus Nature in ââ¬Å"Hatchetâ⬠by Gary Paulsen838 Words à |à 3 PagesBrian Robinson from ââ¬Å"Hatchetâ⬠by Gary Paulsen, is a thirteen-year old boy from New York City. This novel essentially deals with the matter of man and nature alongside, of self-cognizant. On his way to visit his father, his plane crashes leaving him alone in the middle of the Canadian wilderness. The story mainly progresses through Brians experiences existing alone in the wilderness and the struggle to survive with nothing but a hatchet his mother gave him as a gift. Thus, he is primarily the onlyRead MoreAncient Greece : Book Review1583 Words à |à 7 PagesAncient Greece Paired Book Review By Rohan Ahluwalia Core 2 What were the most memorable moments in the books for you? Why? The Odyssey and the Hatchet were both great books. The most memorable moment in the books were hard to choose as there were many interesting parts. In the book, The Odyssey, the most memorable moment for me was when the wife of Odysseus, Penelopeia, organizes an archery contest.The contest was to string the bow that belonged to Odysseus and fire it through the opening of
Wednesday, May 6, 2020
Mm Approach Free Essays
Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. We will write a custom essay sample on Mm Approach or any similar topic only for you Order Now * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. The firm has a defined investment policy and the future profits are known with certainty. The implication is that the investment decisions are unaffected by the dividend decision and the operating cash flows are same no matter which dividend policy is adopted. The model Under the assumptions stated above, MM argue that neither the firm paying dividends nor the shareholders receiving the dividends will be adversely affected by firms paying either too little or too much dividends. They have used the arbitrage process to show that the division of profits between dividends and retained earnings is irrelevant from the point of view of the shareholders. They have shown that given the investment opportunities, a firm will finance these either by ploughing back profits of if pays dividends, then will raise an equal amount of new share capital externally by selling new shares. The amount of dividends paid to existing shareholders will be replaced by new share capital raised externally. In order to satisfy their model, MM has started with the following valuation model. P0= 1* (D1+P1)/ (1+ke) Where, P0 = Ã Ã Ã Ã Present market price of the share Ke = Ã Ã Ã Ã Cost of equity share capital D1 = Ã Ã Ã Expected dividend at the end of year 1 P1 = Ã Ã Ã Ã Expected market price of the share at the end of year 1 With the help of this valuation model we will create a arbitrage process, i. e. , replacement of amount paid as dividend by the issue of fresh capital. The arbitrage process involves two simultaneous actions. With reference to dividend policy the two actions are: * Payment of dividend by the firm * Rising of fresh capital. With the help of arbitrage process, MM have shown that the dividend payment will not have any effect on the value of the firm. Even if the firm pays dividends, resulting in a increase in market value of the share, the effect on the value of the firm will be neutralised by the decrease in terminal value of the share. How to cite Mm Approach, Papers
Friday, May 1, 2020
Medical Tourism free essay sample
An external view using Porterââ¬â¢s Five Forces, an internal resource-based view and an industry snapshot using value network approach are evaluated to identify the pros and cons about the industry. In the beginning, a brief about medical tourism is written along with the background to research, and project aims and objectives. Next, a critical literature review is performed to explore previous research and to analyze merits and limitations of the theoretical frameworks. Interviews with managers and medical practitioners were arranged to gather primary data. Secondary data was also obtained from pertinent sources. The theoretical frameworks that form the academic basis for this study are used to analyze the data. The analyses are discussed along with other facts that were not captured by the framework or approach. The analysis confirms that Malaysiaââ¬â¢s medical tourism industry is attractive to enter and realize profits. There are a few strong players in the market, although, the overall market is still in the emerging phase. The government has published analytical reports on the available opportunities in the Indian health care industry so corporate houses can make informed decisions regarding the Indian medical tourism sector. Initiatives of Private Hospitals in Health Travel Projects outside India Recently, a memorandum of understanding (MOU) was signed between the famous Apollo Hospitals and the American International Medical University (AIMIJ) for developing medical tourism projects worth $200 Million in the Bahamas and St Lucia. According to the MolJ, the Apollo group will develop a super specialty eaching hospital, research, and treatment facilityfor the AIMIJ group. In addition, Apollo will develop, manage, and monitor the healthcare facilities at the existing AIMIJ groups medical education facilities at the Bahamas and St Lucia campuses. The AIMIJ group offers MD and PhD programs and offers $1. 5 million in scholarships to Indian students every year. It is estimated that the AIMIJ group of institutions will attract 500 Indian doctors to the US in the current year http://www. healism. com/ blogs/the_stanley_rubenti_medical_tourism_blog/ medical_tourism_to_india:_opportunities__trends/ Medical Tourism is the concept of raveling to a particular destination to avail the opportunity of the worldclass Healthcare services offered by the best experienced Healthcare professionals at the technologically most advanced medical facilities in complete privacy and for affordable costs. The Healthcare procedure is usually combined with a family vacation. The concept of Medical Tourism is not a new one. The first recorded instance of medical tourism dates back thousands of years to when Greek pilgrims traveled from all over the Mediterranean to the small territory in the Saronic Gulf called Epidauria. This territory was the sanctuary of the healing god Asklepios. Epidauria became the original travel destination tor medical tourism. In the recent past patients from underdeveloped countries used to travel to the advanced industrialized developed countries to take the benefit of advanced medical health care in the hospitals, recently the trend is reversing. As far back as 3,000 BC, people with eye problems made pilgrimage to Tell Brak, Syria, where healing deities were said to perform miracles. Ancient Roman spas that were believed to cure an endless list of ailments still offer hope and relief to bathers today. The World Tourism Organization includes the following in its definition of medical tourism: medical care, sickness and well-being, rehabilitation and recuperation. India is the land of myriad experiences and exotic locales. It is a world of resplendent colours and rich cultural locales, be it magnificent monuments, heritage temples or tombs. The Countrys ancient cultural heritage is inextricably linked to its technology driven present existence. The coexistence of a number of religions and cultures, together with an awe-inspiring topography makes it the perfect place for a complete holiday experience. The Indian medical tourism industry, growing at an annual rate of 30 percent, caters to patients chiefly from the US, Europe, West Asia and Africa. Although in its nascent stage, the industry is outsmarting similar industries of other countries such as Greece, South Africa, Jordan, Malaysia, Philippines and Singapore. In 2006, over medical tourists have visited India and is growing by 15% a year. The medical tourism industry in India is presently earning revenues of $450 million . Encouraged by the incredible pace of growth exhibited by the industry, the Confederation of Indian Industry (C) and McKinsey have predicted that the industry ill grow to earn additional revenue of $2. 2 billion by 2012. India, touted as the favourite destination for information technology majors, is currently emerging as a preferred destination for medical or health tourism. The Government of India, State tourism boards, travel agents, tour operators, hotel companies and private sector hospitals are exploring the medical tourism industry for tremendous opportunities. They are seeking to capitalize on the opportunities by combining the countrys popular leisure tourism with medical tourism. The factors that make India as one of he favorable destination for health tourism starts with low medical cost which is one-tenth of the costs in western countries, for example, a heart surgery costs $ 6,000 in India as against $30,000 in the US, Similarly a bone marrow transplant costs $26,000 in India as compared to $2, 50,000 in the US. Foreign patients throng Indian hospitals to pass up the long waiting lists and queues in their native countries. Globalization has promoted a consumerist culture, thereby promoting goods and services that can feed the aspirations arising from this culture. This has had its effect in the health sector too. There are number of reasons for the growth of the service economy and these can be categorized into three main areas such as: Social trend Demographic trends New services to meet new demands The new services to meet new demand may include the medical tourism. Merging healthcare and tourism an industry has been evolved in many developing countries like Greece, South Africa, Jordan, India, Malaysia, Philippines and Singapore. Medical tourism where foreigners travel abroad in search of low cost, world-class medical treatment is gaining popularity in India. Indias medical tourism industry could yield s much as $3 billion in annual revenue by 2012. Indian government hopes to encourage a budding trade in medical tourism, selling foreigners the idea of traveling to India for low cost but world class medical treatment. According to the confederation of Indian industry India has the potential to attract 1 million tourists per annum, which could contribute to $6 billion to the economy. India must leverage its competitive edge, especially its cost advantage. It is only one fifth of the costs in the west. Cost savings Medical Tourism Industry and India. India has always been a regional health care hub for the health care tourists from he neighboring countries like Afghanistan, Bangladesh, Pakistan, Nepal, Bhutan, I-JAE and Maldives ; recently India has emerged as one of the most important Global destination for medical tourism or health care travel. Now international patients from the developed countries like USA, Canada, I-JK, Europe etc. ravel to India for the low- cost medical surgery treatments like knee Joint replacement, total hip replacement, hip resurfacing, weight loss procedures- gastric lap band, RNY gastric bypass, heart procedures, elective surgeries and also for rejuvenation therapies promised by yoga nd Ayurveda. However, a nice blend of top-class medical expertise at attractive prices is helping more and more corporate hospitals in India to lure globa l foreign patients for high end surgeries like organ transplants. As more and more patients from Europe, North America and other affluent nations with very high medical costs and long wait lists look for effective options of immediate, low-cost, affordable treatments, medical health care travel to India is definitely on the cards for most of them and the fast growing Indian corporate health sector is fully geared to meet that need. Medical tourism to India is not Just cost savings or the high standard of medical care facility, but also the waiting time for medical surgery treatment procedures in India is much lower than in any other country. India offers a growing number of private centers of excellence where the quality of care is as good as or better than that of big-city hospitals in the United States or Europe. The medical care sector in India has witnessed an enormous growth in infrastructure in the private and voluntary sector. The private sector, which was very modest in the early stages, has now becoming a flourishing industry quipped with the most modern state of the art technology at its disposal. It is estimated that 75% of healthcare services and investments in India are now provided by the private sector. Health and medical tourism is perceived as one of the fastest growing segments in marketing destination India today. India could earn $2 billion annually and create 60 million new Jobs by subcontracting work from the British National Health Service, the head of Indias largest chain of private http:// ds pace. iimk. ac. in/bitstream/2259/590/11475-484. pdf he Indian economy is set to grow between 7 per cent and 7. per cent in the current fiscal, according to Dr C RangaraJan, Chairman of the Prime Ministers Economic Advisory Council (PMEAC).
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