Thursday, October 3, 2019

Homosexuality In Modern Day Society | Religious and Societal Views

Homosexuality In Modern Day Society | Religious and Societal Views Homosexuality is a romantic or sexual attraction or behavior among members of the same sex. It refers to an enduring patterns of or disposition to experience sexual, affection, or romantic attractions primarily to people of the same sex. It is an individuals sense of personal and social identity based on those attractions, behaviors expressing them, and membership in a community of those who share them. Homosexuality nowadays, leads to Same-Sex Marriage, according to Oxford English Dictionary; it is a legally or socially recognized marriage between two persons of the same biological sex or social gender. It is in which other country like Netherlands is in favor of Same-Sex Marriage; while other country, particularly the Philippines does not agree or even implement the Same-Sex Marriage. Since that the Philippines is the only Catholic country and Christian dominan country in Asia and it is 3rd in the world, we Filipinos live in a family-oriendted family. Hence, we are raised up with different values which include the Moral Values we obtain from the teachings of the Bible; the sacred book of Christianity. If a man also lie with mankind, as he lieth with a woman, both of them have committed an abomination: they shall surely be put to death; their blood shall be upon them. (Leviticus 20:13) There shall be no whore of the daughters of Israel, nor a sodomite of the sons of Israel. Thou shalt not bring the hire of a whore, or the price of a dog, into the house of the LORD thy God for any vow: for even both these are abominations unto the LORD thy God. (Deuteronomy 23:17-18) As years pass by, there are a lot of incidents which pertains to the Same-Sex Marriage. And as a growing community, authority speaks out and commented on the issue. Pope Benedict XVI gave his comment regarding the issue. He merely opposed to gay/lesbian marriage concerning about the environment, suggesting the law determining the differences between the sexes were threats to creation. Comments were made by the Pope addressing it to the Diplomats with the main theme of The Environment and the protection of Creation, whereas; To carry our reflection further, we must remember that the problem of the environment is complex; one might compare it to a multifaceted prism. Creature differs from one another and can be protected, endangered, in different ways, as we know from daily experience. One such attacks comes from laws or proposals which, in the name of fighting discrimination, strike at the biological basis of the differences between the sexes, Yet, freedom cannot be absolute, since man is not GOD, GODS CREATION. For man, the path to be taken cannot be determined by caprice or willfulness, but must rather correspond to the structure willed by the creator. (qtd in. Gay Marriage threat to Creation) In lieu with this, Pope Benedict XVI, disagree in Same-Sex Marriage. Our body is sacred and its sacredness leads to the respect of each and every one of us. It is indeed that each and every one of us has our own side on the issue Same-Sex Marriage. Each religious group that is existing right now has their own stand regarding the issue. Islamic law explicitly denounces homosexuality and the practice of homosexuality is a crime in many Islamic countries, including Iran and Saudi Arabia. Although the Presbyterian Churchs governing body has not explicitly addressed the issue of gay marriage, the church issued a ruling in 1997 prohibiting the ordination of homosexuals. Regional bodies and clergy, however, have challenged this ruling, causing a major rift among Presbyterians. Although the Episcopal Church has not explicitly established a position in favor of gay marriage, in 2006 the church stated its support of gay and lesbian persons and [opposition to] any state or federal constitutional amendment prohibiting gay marriages or civil unions. Furthermore, in 2009, the churchs national convention voted to give bishops the option to bless same-sex unions. While the Reform and Reconstructionist Jewish movements are ardent supporters of gay and lesbian rights, including the right of same-sex couples to wed, they do not require rabbis to officiate at the weddings of gay couples. The Conservative movement, which does not sanctify gay marriage, grants autonomy to individual rabbis to choose whether or not to recognize same-sex unions. The leadership of Orthodox Judaism has defined marriage as an institution between a man and a woman and therefore does not accept same-sex marriage. The essence of having a happy and healthy life is having a family. Family, in a sense that love and caring is within its family members. Sexual interactions between same sexes are not capable of having a family. Indeed, it is a very factual line that each of us agree. Same-Sex Marriage as a matter of fact is not socially accepted here in the Philippines. These may lead to the discrimination of the homosexuals, bisexuals, transgender and others who belong to the third sex. According to House Bill 1245, authored by Rep. Rozzano Rufino Ruffy Biazon, it is the amendment of the countrys Family Code to limit the marriage to natural born males and females only. Regards to this House Bill is the Total Ban of Same-Sex Marriage here in our country. On the other hand, Sen. Miriam Defensor Santiago filed Senate Bill No. 1276 which aims to bar the Same-Sex Marriages celebrated abroad from getting legal recognition here in the Philippines. This Bill seeks to correct the Family Code, which does not explicitly void Same-Sex Marriage which was solemnized abroad. Marriage is a Union founded on the distinction of sex. (qtd. in Bill 1276) As a Senate counterpart of House Bill 1245, Sen. Rodolfo Biazon filed Senate Bill No. 1575. A reaction to a number of rulings made by local courts which allow every citizen who are transsexuals to change their status from male to female. with recent developments in the field of medicine, it is now possible to allow or to change a persons sex organ to make it appear as that of the opposite sex. In this Bill, it prohibits marriage between two men or two women, whom one of it had a sex organ exchange in which the Vatican disagree. (House 1245) These Bills are all pending cases in the House Committee on Youth, Women and Family Relations. In which these Bills were merely discussed, evaluated and argued by the respectable Representatives and Senators of the Republic of the Philippines. Issues are made due to Same-Sex Marriage which leads to the societal problems and misunderstandings. We respect every human being in this world. Due to issues which damage the image of third sexes, many organizations and governing bodies were born, in order to protect the Civil Rights of each Third Sex. Each organization has its goal to end the discrimination and the criminalization towards the Third sexes. Laws protecting the Homosexuals were made and implemented. But there are only states who are merely implementing these laws. Gay Rights Movement, an organization organized in America, which efforts were made in order for the Homosexuals to be treated equally among others. It aims that each Homosexuals must be respected and must not experience Discrimination from others. (Gay 95) Many non profits, non partisan networks of the third sexes boomed here in the Philippines. These are Organizations and Individuals who are working towards achieving a society free from all forms of Discrimination, particularly those who are based on gender or sexual orientation. Lesbian and Gay Legislative Advocacy Network-Philippines was formally launched in 1999. Its purpose is to advance and protect the Human Rights and fundamental freedoms of each Filipino who belongs to the Third Sex, especially in the area of Politics and Legislations. Its advocacy is to push for laws that will promote the Third Sex Rights and Welfare. Indeed, campaigns were made to influence publics discourse on Sexuality and to raise the influence awareness of every Filipino regarding the situation of Lesbians and Gays. Another organization here in the Philippines is the LADLAd, a network of Lesbian, Gays, Bisexuals, and transgender Filipinos. An organization formed last September 1, 2003. Magladlad means to unfurl the cape that used to cover ones body as a shield. It simply means that each and every one of us who are experiencing something different relating to gender, must come out of the closet and reveals whats inside and to standout with dignity. And as a result, you will find yourself to be free and respectable. Ladlad run for a Party-list for Congress last elections and they bound to make History as the first ever political party which composed of different Filipinos from the Third Sex that will claim and reclaim the rights that the Third Sexes lost from years of homophobia and Discrimination. They aims to be the organization which will provide comfort to the Third Sex. And a sandigan of the needy homosexuals who are abused, simply because of belonging to the third Sex. Ladlad also aims the following platforms, whereas; Support for the Anti-Discrimination Bill that gives LGBT Filipinos equal opportunities in employment and equal treatment in schools, hospitals, restaurants, hotels, entertainment centers, and government offices. Re-filing of the bill to repeal the Anti-Vagrancy Law that some unscrupulous policemen use to extort bribes from gay men without ID cards; Setting up of micro-finance and livelihood projects for poor and handicapped LGBT Filipinos; Setting up of centers for Golden Gays, or old and abandoned LGBTs, as well as young ones driven out of their homes. The centers will also offer legal aid and counseling, as well as information about LGBT issues, HIV-AIDS, and reproductive health. These centers will be set up initially in the key cities/metropolitan areas of the Philippines Baguio, National Capital Region, Cebu and Davao. (Ladlad 101) They differ in names, but they have their same goals and achievements. Campaigning in prohibiting the Discrimination of the Third Sexes. Due to the issues and governing bodies which support Third Sex, effect cannot be vanished from this kind of scenarios. Each event that took place have effects. It may be Positive or Negative effects that can change or affects us, in a manner that we are concern in whats the real score between the issue- Same-Sex Marriage. According to Dr. Ambert, Same-Sex Marriage has possible positive and negative effect to children. She also stressed that through the vivid image that children saw in their Environment, really affects them in a good and bad manner. It is not whether children should be raised by same-sex parents, it is whether same-sex parents should be allowed to marry , or they ,must simply lived together-perhaps-with children under a status less than marriage, with reduced recognition and support by the state. (Same 97) Children would benefit led by a family composing of Same-Sex Marriage. Without question, civil marriage enhances the welfare of the community. It is a social institution of the highest importance. French v. McAnarney, supra. Civil marriage anchors an ordered society by encouraging stable relationships over transient ones. It is central to the way the Commonwealth identifies individuals, provides for the orderly distribution of property, ensures that children and adults are cared for and supported whenever possible from private rather than public funds, and tracks important epidemiological and demographic data..Where a married couple has children, their children are also directly or indirectly, but no less auspiciously, the recipients of the special legal and economic protections obtained by civil marriage..marital children reap a measure of family stability and economic security based on their parents legally privileged status that is largely inaccessible, or not as readily accessible, to non-marital children. Some of these benefits are social, such as the enhanced approval that still attends the status of being a marital child. Others are material, such as the greater ease of access to family-based State and Federal benefits that attend the presumptions of ones parentage. (qtd. In More on the Hawaii Same-Sex Civil Marriage Case.) Some would argue that when a state allows SSM, the public will gradually become more accepting of homosexual orientation and behavior. They will agree with professional mental health associations and recognize it as a normal, natural, unchosen and unchangeable sexual orientation for a minority of adults. This will reduce levels of discrimination, hatred, and oppression against gays and lesbians, and reduce the levels of ridicule that their children receive from fellow students. Dr. Ambert comments that: Lesbigays who have children often create a network of fictive kin or chosen family (friends, former partners, and willing relatives) for social and emotional support as well as to offer their children suitable adult role models of the other sex. This support network may be entirely gay but generally represents a mixture. This arrangement gives children many additional role models in their life, that children in families led by opposite-sex couples may not have. (Same 97) Many religious and social conservatives disagree completely with professional mental health organizations and believe that homosexuality is abnormal, unnatural, chosen and changeable. Most disapprove of equal rights for gays and lesbians, including the right to marry the individual that they love. Many believe that homosexual behavior is hated by God. If these beliefs are true, then one might argue: 1. Children raised in families led by same-sex parents would be continually exposed to homosexuality. They may choose to become gay or lesbian at a higher rate than those raised by a father and mother. 2. Men and women have very different personalities, brain structure, talents, etc. They are designed to fit into very different roles within the family. In order for children to be properly socialized, they need to be brought up by both a father and a mother. The long range effects on children who are brought up by two women or two men are unknown and can only be speculated upon. 3. God may punish same-sex parents. This might adversely affect the children in their family. 4. God may also punish the nation as a whole if SSM is legalized. That would harm all children in the nation. 5. Children of same-sex couples will be exposed to a great deal of ridicule and hatred by their fellow students. This could negatively affect their development. (Same 99) Issues concerning health has an effect on Same-Sex Marriage. Sexually transmitted diseases (also known as STDs or STIs for sexually transmitted infections) are infectious diseases that spread from person to person through intimate contact. STDs can affect guys and girls of all ages and backgrounds who are having sex it doesnt matter if theyre rich or poor. () Unfortunately, STDs have become common among teens and also sex by the same-sex. Because same gender which is having sex is more at risk for getting some STDs, its important to learn what you can do to protect yourself. STDs are more than just an embarrassment. Theyre a serious health problem. If untreated, some STDs can cause permanent damage, such as infertility (the inability to have a baby) and even death (in the case of HIV/AIDS). Some of the things that increase a persons chances of getting an STD are: Sexual activity at a young age. The younger a person starts having sex, the greater his or her chances of becoming infected with an STD. Lots of sex partners. People who have sexual contact not just I I ntercourse, but any form of intimate activity with many different partners are more at risk than those who stay with the same partner. Unprotected sex. Latex condoms are the only form of birth control that reduce your risk of getting an STD. Spermicides, diaphragms, and other birth control methods may help prevent pregnancy, but they dont protect a person against STDs AIDS is one of the most serious, deadly diseases in Human history. More than 20 years ago, doctors in the United States identified the first cases of AIDS in San Francisco and New York. Now there are an estimated 42 million people living with HIV or AIDS worldwide, and more than 3 million die every year from AIDS-related illnesses. According to Oxford dictionary, AIDS is caused by the human immunodeficiency virus (HIV). HIV destroys a type of defense cell in the body called a CD4 helper lymphocyte (pronounced: lim-fuh-site). These lymphocytes are part of the bodys immune system, the defense system that fights infectious diseases. But as HIV destroys these lymphocytes, people with the virus begin to get serious infections that they normally wouldnt that is, they become immune deficient. The name for this condition is acquired immunodeficiency syndrome (AIDS). As the medical community learns more about how HIV works, theyve been able to develop drugs to inhibit it (meaning they interfere with its growth). These drugs have been successful in slowing the progress of the disease, and people with the disease now live much longer. But there is still no cure for HIV and AIDS. Hundreds of same-sex who are engaged in sex become infected with HIV each year. HIV can be transmitted from an infected person to another person through blood, semen (also known as cum, the fluid released from the penis when a male ejaculates), vaginal fluids, and breast milk. The virus is spread through high-risk behaviors including: unprotected oral, vaginal, or anal sexual intercourse (unprotected means not using a condom) sharing needles, such as needles used to inject drugs (including needles used for injecting steroids) and those used for tattooing. (AIDS 25) We have a great part on this issue, as well as it has a big impact to us, not only to us, but also, to the society. As a student, I am disagreeing at Same-Sex Marriage. Its just simply because that my principle for this situation is that god created only men and women nevertheless, third sex is written in the bible. And having sex with the same gender is a big sin. And as for my contribution, I am one of the few people who respect their lifestyle, because we are all created equally in the image and likeness of God. And I do believe that we are all part of a big and happy family.

Wednesday, October 2, 2019

In Christa Wolfs Cassandra, the story of the fall of Troy is cleverly

In Christa Wolf's Cassandra, the story of the fall of Troy is cleverly retold in a monologue that focuses on patriarchy and war. In Christa Wolf's Cassandra, the story of the fall of Troy is cleverly retold in a monologue that focuses on patriarchy and war. The novel tells the tale of the Trojan War through the eyes of Cassandra, who is the daughter of Priam and prisoner of Agamemnon. While reading the book, the reader must wonder what changes Troy is going through before and after the war. In the months leading up to the war, changes to Troy were already starting to develop as its tension with Greece increased. However, these changes didn't become obvious until after the war was over with. In the beginning, Troy was meant to be a perfect city built by the Gods. After it was taken over by humans, it was a proud and happy city that was full of freedom. The women in Troy were especially free, given most of the same freedoms as men were given. King Priam and Queen Hecuba ruled together and made mutual decisions. Other women in the city were given important positions as well. This is what made Troy a special city, unique from the other cities at the time. As the tension between Troy and Greece heightened, Troy did everything in its power to ward off the Greeks. The Trojans were known to be a race of kind people who fought with honor. The Greeks, however, were known as the "bad boys" and never fought by the rules. This is illustrated throughout the war, ...

Tuesday, October 1, 2019

Relationships Between Vietnam Soldiers and Their Families :: Vietnam War Essays

The relationship between the soldiers of the Vietnam War was different from the relationships with people from home. The soldiers felt as if they could not tell the whole truth about the war through their eyes to their loved ones at home. The soldiers that they were with all the time understood the pain and confusion each other felt, yet no one talked about it. War changed how people had relationships with others. War could bring people closer or tear them apart. The relationships between the soldiers and their families grew or forced them to become distant. The soldier did not want to worry his parents at home and knew that they would not understand what he was going through. In the Documentary Dear America: Letters Home from Vietnam, directed by Bill Couturie, showed these relationships change. One soldier writes to his mother and tells her that for a second, he felt as if he was on vacation because it was so beautiful in Vietnam. One had to think that this man wrote this to his mother only for her to worry less. He did not want to tell her the whole truth on what was really going on inside of him. Would anyone from the outside world understand? "P.S. tell mom not to worry, there is nothing I can't handle." The soldiers could handle the physical horrors that were happening to them, but the mental status of many the soldiers were becoming breakable. How could you tell someone not to worry about you, when you do not even care what was going t o happen to yourself. The soldiers were all prepared to die, but waiting was what was driving them crazy. They did not want to tell their 17-year-old girlfriend at home this because she would never understand. How do you tell someone that you love that you are loosing your mind and do even know who the enemy is anymore? Downplaying the whole war situation to your loved one was the only way to keep yourself sane and not make them worry too much about you. All of the men were scared, yet did not know how to show it. They could not show it to their families in letters because that could do nothing but make your mother worry that you were not going to make it. "We all scared, one can see this emotion in each individual, some hide it with their mouth and others hide it with their actions.

How to Get Your Drivers License.

Getting your driver’s license is probably at the top of any sixteen year olds list, because everyone knows how important it is to them to be independent and it can be seen as the first real step in making that step from childhood to adulthood. However, getting your driver’s license isn't just a real simple thing. It involves getting your permit first, taking a driver’s education class, and then of course the actual driving part. Knowing this information can ensure you that you are one step closer to driving on your own. To start off, you have to get the learner’s permit.There usually is a fee and you must bring your birth certificate, social security card, attendance and grades from school, and insurance, if you already have a car. You would have to pass the vision screening, the written test over the rules and regulations, and be at least 16 years old. Be aware that if you fail the written test, you cannot take it again until the next day. After you get t he permit, you must remember that unfortunately you can only drive with a family member who is at least twenty one and one other person in the car with you.Also, you have to have had the learner’s permit for at least six months before you can take the class. Secondly, take a driver’s education class. With this, you must have seven hours in a car, twenty hours behind the wheel, thirty two classroom hours and pass the final driving/written test with a seventy or higher. The class usually consists of a bunch of people around sixteen or seventeen years old, some maybe older. How much it will cost depends on the school you choose. Furthermore, in this class you will watch videos and learn what to do and what not to do. You even watch the accident videos that make you want to cry.There will also be little quizzes and assignments given by the instructor to make sure you are learning properly. Finally, the last and most important thing is the actual driving. This is where your skills and knowledge are really put to the test. They assign everyone a driving partner, and both take turns driving for fourty five minutes to an hour. However, Before you can pass and get that driver’s license, you must be able to parallel park, merge on and off highways, highway drive in general, answer any questions the instructor has, change lanes, back up, and do a three point turn.They also test you on knowing where everything is like the turn signals, buttons for windshield wipers and breaks, etc. Once you are done with the test and you have passed with a seventy or higher, you will receive your certificate stating that you are now a licensed driver and then all you need to do is go take a picture and get the driver’s license from the DPS (Department of Public Safety) office. Congratulations you made it! You started off from getting your permit, taking the driver’s education class, passing the final driving test and finally wound up with your driverâ₠¬â„¢s license. Here are your keys – now get driving!

Monday, September 30, 2019

Contemporary Issues in Information Systems Management

Assignment 1 Due Date: 05 February 20141. Analyze the relationships among ethical, social, and political issues that are raised by information systems. [10] 2. (a) Identify the main moral dimensions of an information society and specific principles for conduct that can be used to guide ethical decisions. [10] (b) Evaluate the impact of contemporary information systems and the Internet on the protection of individual privacy and intellectual property. [15] 3. Present three major arguments of those who believe that IT will not result in massive unemployment.[15]Assignment 2 Due Date: 19 February 20141. Should producers of software-based services, such as ATMs, be held liable for economic injuries suffered when their systems fail? [10] 2. It is often said that business information systems play a vital part in the success or failure of a business enterprise. a) Explain why computer-based business information systems are so vital to the operation of an organization. [10] b) Computer-based information systems can be categorized into operational information systems and management information systems. Discuss these two categories giving business examples for each one. [15] 3. Organisations are not always able to perform their own business information systems functions and some businesses prefer not to do so for various reasons. The solution for some is outsourcing. Briefly explain the concept of information systems outsourcing. Is it a good option? [10]Assignment 3 Due Date: 5 March 20141. The Internet has had a significant impact on business processes and led some organizations to consider developing a business strategy more appropriate to an e-business environment. a) Explain what is meant by an e-business strategy. [5] b) Discuss the impact on the business information systems function if the organization decided to develop an e-business strategy. [20] 2. Discuss the impacts of IT and individuals at work. [10] 3. Identify some of the major societal impacts of the Web including the digital divide and computer crime. [15] 4. Outline the role and impact of virtual communities. [15]

Sunday, September 29, 2019

An Analysis On Value Chain In TVS Group

An Analysis On Value Chain In TVS Group TABLE OF CONTENTS TOPICS Page No 1. INTRODUCTION OF TWO WHEELER AUTOMOBILE SECTOR: -4- 2. GLOBAL TWO WHEELER MARKET – 2009 -4- 3. TWO-WHEELERS PURCHASE TREND -5- 4. INDIA AS A GLOBAL AUTOMOBILE MARKET PLAYER. -6- 5. INTRODUCTION OF TV SUNDARAM IYENGAR AND SONS LIMITED (TVSS). -8- 6. TVS MOTORS AS A TWO WHEELER PIONEERS. -10- . OVERVIEW OF TVS, QUALITY, FINANCIALS & GROWTH PLANS-15- 8. IT’S COMPETITORS. -13- 9. TVSM – STRATEGY FOR GROWTH-15- 10. SCOOTY PEP + -17- 11. SWOT ANALYSIS OF SCOOTY PEP-19- 12. CONCLUSION-19- 13. BIBLIOGRAPHY-20- INTRODUCTION OF TWO WHEELER INDUSTRY Automobile is one of the largest industries in global market. Being the leader in product and process technologies in the manufacturing sector, it has been recognized as one of the drivers of economic growth. During the last decade, well directed efforts have been made to provide a new look to the automobile policy for realizing the sector's full potentia l for the economy. Aggressive marketing by the auto finance companies have also played a significant role in boosting automobile demand, especially from the population in the middle income group. Two-wheeler segment is one of the most important components of the automobile sector that has undergone significant changes due to shift in policy environment. The two-wheeler industry has been in existence in the country since 1955. It consists of three segments viz. scooters, motorcycles and mopeds. In India there are some MNC’s and Indian company dealing in automobile sector. The main key players who are dealing in this sector are Hero Honda, Bajaj, Yamaha, Honda, and TVS. Global two wheeler market – 2009 Two-wheelers to remain the preferred option over Cars – The ownership and maintenance cost of a car is 4 times of a two wheeler – Two wheelers deliver a superior mileage of 70kmpl as compared to 12kmpl of the cars. – Mileage is a key factor influencing buying behavior. Size of the total market: 43 million numbers [pic] Two-wheelers Purchase Trend- India is on every major global automobile player's roadmap and it isn't hard to see why: [pic] ? India is the 2nd largest two-wheeler market in the world, ? th largest commercial vehicle market in the world ? 11th largest passenger car market in the world and is ? Expected to become the 7th largest by 2016. Two-wheelers on a roll ? The demand drivers for the two-wheeler industry are ? High growth in service sector @ 9% ? Favorable demographics – a young population, rising hous e-hold incomes, increasing literacy levels ? Faster introduction of new models ? Increasing replacement demand (from 6 to 3 years) ? Absence of effective public transport. ? Increased availability of low cost retail finance (more than 1500 locations) pic] The key factors emerging are:- †¢ Target audience for two-wheelers is huge. †¢ 140 mn people will be added to the working population in the next 5 years time. [pic] Two-wheelers to remain the preferred option over Cars – The ownership and maintenance cost of a car is 4 times of a two wheeler – Two wheelers deliver a superior mileage of 70kmpl as compared to 12kmpl of the cars – Mileage is a key factor influencing buying behavior. [pic] 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 Introduction of TV Sundaram Iyengar and Sons Limited (TVSs) pic]TVS Motors is the second largest company in the two-wheeler industry with a market share of 16%. Infect, it is the only Indian company without a foreign colla boration in the two-wheeler industry. When the company opted out of the collaboration with Suzuki in 2002, many believed that TVS was headed towards extinction. But the company proved the doomsayers wrong and came out with a very successful `TVS Victor'. TVS Motors Ltd. originally incorporated in 1982 to manufacture two-wheelers in collaboration with Suzuki Motors of Japan, TVS was one of the leaders in two-wheeler industry. It is the holding company for the TVS Group of companies engaged in the manufacturing of various automotive components, two wheelers and a few other industrial products. They are also into the financial services sector. The turnover of the entire group was close to $2 billion in 2003. TVS was founded by T. V. Sundaram Iyengar in 1911. It is the only automotive manufacturer in India to get the prestigious Deming Prize. One of its subsidiaries Sundaram Clayton was the first company in India to receive the Deming followed by Sundaram Brake Linings also getting the Deming Prize. This prize is â€Å"given to organizations or divisions of organizations that have achieved distinctive performance improvement through the application of TQM in a designated year. † Sundaram Clayton went on to be awarded the Japan Quality Medal. The TVS group of companies is mainly situated in Padi, Tamil Nadu, in the outskirts of Chennai (formerly Madras) |Type |Private Conglomerate (BSE) | |Founded |in 1911 by Shri. T V Sundaram Iyengar | |Headquarters |Chennai, Tamilnadu, India | |Key people |Mr. Venu Srinivasan Chairman | |Products |Motorcycles,Mopeds,Ungeared scooters, Automotive components | |Revenue |USD 3. billion (FY 2009) | |Employees |5,633 (2007) | |Website |www. tvsmotor. in | TVS Motors:- TVS Motor Company has its origin in SUndaram Clayton Limited, Moped Division, started in 1980. The factory was started in Hosur, Tamil Nadu in southern India. The first product launched was a 50 cc moped, which appealed to the asses because of its capability to carry two people. In the same location, the same promoters started another company in 1984, in collaboration with Suzuki Motor Corporation of Japan, for the manufacture of 100 cc motorcycles under the brand name of Ind-Suzuki Motorcycles. Subsequently in the moped division was bought by Ind Suzuki Motorcycles in 1987 and the company changed its name to TVS Suzuki Ltd. Even though the company started producing all kinds of two wheelers like mo peds, scooters and motorcycles, the collaboration with Suzuki continued for the motorcycles only. The collaboration with Suzuki Motor Corporation ended in 2001 and since then the name of the company changed to TVS Motor Company. The company now develops all types of two-wheelers through its own in house R&D facility and manufactures in three locations in India, Hosur in Tamil Nadu, Mysore in Karnataka and Baddi in Himachal Pradesh. It has recently started a new manufacturing plant in Indonesia to cater to the South East Asian market. The Chairman and Managing Director of the Company is Mr. Venu Srinivasan who is the grandson of TV Sundaram Iyengar. OPERATIONS REVIEW Quality The Company has significantly improved the quality performance of all its products through a systematic task force approach. The fact that the Company came out with Industry first five year extended warranty program on Star brand is a testimony to its manufacturing quality. TQM The Company continues to benefit from 100% participation of employees in TQM activities. The employees have completed more than 1,200 projects through QC Circles and Cross Functional Teams. The average number of suggestions implemented per employee was 69 during 2007-08. Cost management The Company continues its rigorous focus on costs through an effective deployment system. Value engineering and aggressive global sourcing projects are being pursued to reduce material costs and also to partially neutralize input material cost increase. TPM is practiced in all the plants to ensure significant improvement in productivity and reduction in manufacturing cost. During 2007-08, the Hosur and Mysore plants were awarded the TPM excellence certificate by the Japanese Institute of Plant Management (JIPM). Going forward- Going forward, the road for TVS appears to be bumpy. Automobile industry is the most competitive industry with competition on all fronts viz. pricing, innovations, supply chain, efficiency etc. The situation is further aggravated by rise in raw materials like steel, rubber, plastics etc, as the company is not able to increase the selling price in proportion, thereby affecting the net profit growth. This is evident from the fact that though in FY04 sales grew by 4%, operating profit fell by 1%. Though the raw material prices have cooled off from their peaks, we expect margins to remain under pressure in near future. Riding on significant growth in the two-wheeler segment over the years, coupled with strong cash position and expectation of buoyant economy, two wheeler companies have been planning capacity expansions. Hero Honda has embarked on a green field expansion plan (initial investment of Rs 2. 5 bn). Bajaj Auto (BJAT. BO, news) is expected to increase its capacity by 33% by June 2005. Similarly Honda Motors and Scooters (SCOO. BO, news) India Ltd, 100% subsidiary of Honda Motors Japan is expected to double its capacity in FY06. These developments are likely to create a significant increase in supply of two wheelers, changing the demand supply scenario and thus putting pressure on margins. As compared to TVS, its competitors are sitting with on a huge pile of cash. Hero Honda generated close to Rs 9 bn from operations, where as Bajaj Auto generated Rs 15 bn from operation in FY04, thereby are in a better position to execute expansion plans. TVS generated Rs 2 bn from operations in FY04. National Council for Applied and Economic Research (NCAER), in its report has projected that the demand for motorcycles will be almost 10 times of that of the scooters by 2011-12. TVS, traditionally is considered to be a regional player with a strong hold in Southern region. As per NCAER report, major demand for Scooters is expected to come from northern region, which will account for 50% of the total demand. Similarly the major demand for motorcycle is expected to be from Western region, which will account for 40% of the total demand. Thus it will require considerable effort on part of the management to significantly improve their presence in these regions. This may have an adverse impact on profits due to additional expenditure on account of advertising and publicity. Suzuki sees TVS Motor as main competitor SUZUKI MOTOR Corporation (SMC) and Venu Srinivasan-led TVS Group may have parted company. But the separation seems to be still working on the mind of the erstwhile foreign partner in the former joint venture TVS Suzuki Ltd. (now TVS Motor). SMC, which is now entering the Indian two-wheeler segment independently, has sort of identified TVS Motor as its principal competitor. In a chat with the visiting Indian newspersons at Hamamatsu in Japan, Shinzo Nakanishi, Managing Director, had on more than one occasion indicated that their target would be TVS Motor. Suzuki would aim to match the production and sales of TVS. Otherwise, there is no meaning for the divorce,† he asserted. Suzuki is currently waiting for the `cooling off' period post-separation to end to launch head-on into the Indian two-wheeler market. The cooling-off period ends in April 2004. Mr. Nakanishi indicated that the SMC joint venture with Integra Group would go on stream in the autumn of 2005. While declining to di vulge the capacity of the proposed plant, he said the initial Suzuki investment in the venture would be around $10 million. To a question, he said, the joint venture would focus on producing products in the growing segments (100cc to 150cc four-stroke vehicles). Suzuki had picked the plant location in Haryana in view of the fact that Maruti Udyog had already established a large vendor base around that place. Mr. Nakanishi said Integra would function only as a facilitator for Suzuki to get into the two-wheeler business. â€Å"It will be a gate for us. We will buy them out over a period,† he added. Asked to comment on TVS Motor's proposal to enter the Southeast Asian market, Mr. Nakanishi was guarded but did not mince words. â€Å"We will fight them out there as well,† he asserted. The market in Southeast Asia was competitive, he said. And, Suzuki had presence in countries like Indonesia, Thailand and Vietnam. Indian two wheeler market – Competitive Scenario [pic] India is now the second largest two-wheeler market in the world TVS Motor Company – Mission We are committed to being a highly profitable, socially responsible, and leading manufacturer of high value for money, environmentally friendly, lifetime personal transportation products under the TVS brand, for customers predominantly in Asian markets and to provide fulfilment and prosperity for employees, dealers and suppliers. Vision Statement TVS Motor – Driven by the customer TVS Motor will be responsive to customer requirements consonant with its core competence and profitability. TVS Motor will provide total customer satisfaction by giving the customer the right product, at the right price, at the right time. TVS Motor – The Industry Leader TVS Motor will be one among the top two two-wheeler manufacturers in India and one among the top five two-wheeler manufacturers in Asia. TVS Motor Company is the third largest two-wheeler manufacturer in India and one among the top ten in the world, with annual turnover of more than USD 1 billion in 2007-2008, and is the flagship company of the USD 4 billion TVS Group. [pic] TVSM – Strategy for growth †¢ Secure product leadership by – Introducing brands that break compromises for customers. – Offering the most innovative ‘package’ of product, access and finance. – Faster introduction of Refresh / upgrades †¢ Forge TVSM into an organization that is ‘fit for growth’ by – Delivering best-in-class durability & reliability Building a lean and flexible manufacturing with faster ramp-up capability. – Aggressive global sourcing – Sweating assets to the maximum. – Leveraging the power of IT across core functions. †¢ Accelerate development & deployment of energy-efficient technologies. TVS Motor posts 23% growth in November 2009 Sco oters grow at 38%; Domestic Sales increase 38% Hosur, 01 December 2009: TVS Motor Company has posted 23% growth in November 2009, registering total two wheeler sales of 120,844 units against 98,402 units in the corresponding period of the previous year. The company continued to post growth in sales for the eighth consecutive month, registering a cumulative growth of 8% with sales of 989,353 units in the current financial year up to November 2009 against 917,439 units in the same period last year. Domestic sales of the company witnessed a quantum increase in sales positing growth of 38% recording 106,836 units in November 2009 as against 77,491 in the corresponding period of the previous year. The company's scooter sales grew by 38% posting 25,115 units when compared to 18,210 units in the corresponding period of the previous year. Total motorcycle sales of the company stood at 45,080 units in November 2009 when compared to 45,276 units recorded in November 2008. Exports recorded sales of 14,008 units of two wheelers in November 2009 as against 60,911 units in the corresponding period of the previous year. During the month, the company unveiled two novel products, 110 cc motorcycle TVS Jive and 110 cc automatic scooter, TVS WEGO. TVS Jive features innovative T-Matic technology with rotary gear technology coupled with an automatic clutch. The bike's anti-stall mechanism makes smooth riding possible at low speeds even in high gears, without the engine shutting off. The downward rotary gear system enables the rider to reach neutral straight from top gear. The bike can be started in any gear and is fitted with an electric start for convenience. TVS WEGO is a multi-user, family-friendly and sleek metal bodied scooter that strikes a perfect balance between stability and maneuverability, power and mileage, and sturdiness and ease, making it a delight to ride for any category of users. The company hopes to add around 15% to 20% to its monthly sales, once these new products are made available in the market. SCOOTY PEP + The TVS Scooty Pep Plus is a modern 4 stroke 75cc scooty that is ideal for the ladies. Its powerful engine generates maximum power of 3. 68kw (5 bhp) @ 6500rpm and maximum torque of 5. 8 @ 4000 rpm. [pic] Some of the best features of the Scooty Pep Plus are jewel box headlamp, integrated tail lamp, chrome plated exhaust, multi reflector indicators, and the striking pillion grab rail. Besides these, there are many other features to this scooterette that prove very user-friendly- auto choke, bag hooks, compartmentalized utility box, auto fuel tap, glove box push and pull bag holder among others. The Pep Plus Scooty comes in dual texture colors and arresting graphics. TVS Scooty has always been a good looker. The Pep+ retains the familiar face with its friendly expression but gets a tangy new set of graphics. The grab-rail also now matches its body color. Dual-tone shades spruce up the scooter with a racy chequered look on the front apron and rear panels. Grips, levers, switchgear and mirrors are top-notch. The only drawback is absence of a rear brake-locking clamp. In a smart move, the key slot itself is florescent, so as to allow grope-free access in the dark. There's also a new cell phone-charging point. Pep+ lights up its lockable under seat storage bay and offers yet another smart feature that would do well on any such scooterette, a spring at the mounting pivot prevents the seat from accidentally closing at a fuel station and crushing unsuspecting fingers. It retains its quality feel in offering alloy rims, both front and rear. The refreshed force air-cooled Plus motor feels just as buzz-free and convenient in its automatic ways as before, but there is a difference with healthy dozes of supplementary performance begging to be used. The Plus not only feels meaty where it matters most in its low- and midrange punch, but does manage a relatively respectable top speed of 71kph delivered with refinement. Sitting on the Scooty is comfortable for all except the tallest and the heaviest, who will surely feel cramped. The Scooty was always bold offering twin telescopic forks as front suspension. While the rest of the industry sticks with diminutive and far less effective front dampers, the Pep Plus carries forward this handling-enhancing theme. At the rear, there is a single shock absorber doing duty in conjunction with its hinged engine. The alloy rim-shod Pep Plus is set just right for a ride quality that doesn't wallow overtly, nor feels too firm. It's a well-damped scooterette that offers as much stability as can be expected from any two-wheeler on 10-inch wheels. It steers accurately, turn-in to corners is feather-like and cornering manners satisfactory. The 110mm drum brakes are adequate kit for this vehicle, and offer fine feedback through their individual levers. SWOT ANALYSIS StrengthWeakness |Huge sale network (3500 Dealers). |Suppose to be very sophisticated. | |Better sale service. |Not fit for ruler India. | |It has the highest share in automobile sector. |They have big gap between cubic capacities of its products. | |It has a good brand image. |Its market share is reducing from last few years. | |It gives better service for customers. |Spare parts are too costly. | |Best customer preference. | |Debt equity ratio is only 0. 1. | | |If they are able to improvise the fuel efficiency of Scooty pep+, it |Main threats to TVS are their competitors like:- | |will be a golden opportunity to take over the market. |Bajaj Auto Ltd. | |Growing world demand for entry-level motorcycles especially in emerging|Hero Honda. | |markets |Yamaha Motors India. | |The cost of the product is very high in comparison to other companies. | Opportunitie sThreats CONCLUSION:- †¢ Long term growth prospects for the industry is attractive. †¢ TVSM poised to grow ahead of market through strong innovation and faster upgrades. †¢ Exports will be a key thrust area and will contribute to 10% of sales. †¢ Indonesian project will be an adjacency to current operations and will improve geographical insurance. †¢ Focused efforts to reduce cost will improve profitability. Awards and Accolades _ 2002 – Deming Application prize ( First powered two wheeler company in the world to be awarded this prize for TQM ) _ 2002 – Best Technology award for TVS Victor from Ministry of Science and Technology, Govt of India _ 2003 – Best managed and most investor friendly company by Business today _ 2004 – ‘Best design’ award in the two wheeler category for Scooty PEP from National Institute of design and Business world _ 2005 – ‘Mother Theresa’ award for best Corporate citizen BIBLIOGRAPHY- www. google. com www. tvsmotorsltd. com www. tvsmotor. in   

Saturday, September 28, 2019

Investment banking & private banking Essay Example | Topics and Well Written Essays - 3750 words

Investment banking & private banking - Essay Example This development must bring about sustainable increase in living standards which implies that per capita income of the citizens will improve improved education and health as well as an environment that is friendly to human life. It's a concerted effort on the government to steer the direction of private sector of the country or in a city towards creating opportunities that lead to sustainable economic growth that can provide enough incomes to the labor force, enable employers to gainfully engage in business opportunities that eventually can provide enough tax revenue to maintain the country's infrastructure, this support a continued growth. It's therefore important that every country's governing body appreciate the impact of private sector investments in steering the economic development. Although there are several initiatives that enhance investments both domestic and foreign, there is no better alternative to private sector investment as an engine for development. The economic deve lopment process requires legal and institutional adjustments which enhance provision of incentives for innovation as well as investments so as to create an efficient production process and distribution system for the goods and services. (Sosale, S, 2000). It is important to know that economic development is different from community development. Community development is a process that is directed to making a community a better place for habitat as well as a better place to work. It's a structured intervention that focuses on giving the communities greater control over the factor that affect their lives thereby giving them confidence to tackle their problems as effectively as possible. Community development work hand in hand with the local groups and organizations that represent communities at local levels (World Bank, 2008, p.67). Community development may involve improvement of living standards f people in a certain part of a country or region but economic development involves improvement of well being of its people within the different layers of society such that everyone in the country or region has to potential and increased quality of life. Economic development is simply the creation of wealth in which the community benefits are enhanced. It involves deliberate intervention in the normal economic growth of a country to give positive results. From a public perspective, local economic development is a process that involves allocation of limited resources - land, labor, capital and entrepreneurship in a way that positively effect the countries business activities, Income distribution, employment and poverty reduction efforts. Looking at the various definitions of economic development by different scholars, no single definition captures all the different strands of development although there are common measurement tools like employment increase, improved economic output and increase in tax revenue (World Bank, 2006, p.89). Economic Growth & development though are largely interrelated; they are different in meaning as used in economics. Most economists use the term economic development to explain the various problems facing the underdeveloped countries and economic growth to in regard to