NAT and PAT Essay Example | Topics and Well Written Essays - 500 words

NAT and PAT - Essay Example ccounting Theory (PAT) is an objective theory aiming at predicting accounting practices and policies that are chosen applied by firms as well as the effects of such, on the firms after the implementation. Under this theory, available data and statistics in the firm are analyzed to enable the firm to derive applicable conclusions based on the results. The main purpose of the results of the analysis is to create an understanding when predicting accounting policies across differing firms. On the other hand, Normative Accounting Theory (NAT) is a subjective kind of theory with an aim to describe the economic future of a given firm or investor. This is the theory that usually attempts to tell economists what they should do. This theory does not solely use predictive values to make evaluations, but it also considers the logical consistency of the rationality of individuals. Therefore, as positive accounting theories tend to make predictions of the events of the real world, normative accoun ting theories tend to inform people about what they should do (Coetsee, 2010). PAT has two different perspectives that include the efficiency perspective and the opportunistic perspective. Under the opportunistic perspective of PAT, there are three elements including the bonus plan hypothesis, debt covenant hypothesis as well as the political cost hypothesis. The bonus plan hypothesis of PAT has the assumption that the manager with the bonus plan has a high likelihood of using accounting methods intended to increase the current period reported income. As such, this makes a prediction that a manager will be rewarded on the basis of their performance. Debt covenant hypothesis, on the other hand, tries to put a limit on the managers ability to transfer assets to new creditors, themselves or new shareholders. Political cost hypothesis, on the other hand, refers to how a firm would react to the possibility of regulation of other regulators as well as other interest groups and how these

Small and Medium Enterprises in Green Business Industry Research Proposal

Small and Medium Enterprises in Green Business Industry - Research Proposal Example In this section of the study, the current research on the industry would be analyzed with respect to the business operations and its effect on customers’ issues. The discussion would be segregated based on the theories and business operations. Vectair Holdings is a privately held company which has been categorized under the holding companies. The company is involved in the process of manufacturing and selling hygiene products. The company has a workforce of 40 employees and  £9.90 million. Previous years the sales of the product were  £9.2 million. This shows that the company has been growing steadily. The demand for these products is increasing at a robust rate and it is believed that such companies will drive the green business industry. Likewise, another renowned SME of Southern England, Basingstoke Skip Hire & Southern is a company involved in the business of waste management services. The company has net sales of  £9.90 million and employs around 68 people. The company is highly recognized as one of the most responsible citizens of society. The green business industry is considered for this study because firstly, green business is the future of the global market and extensive research and learning are going on in this industry. Among the SMEs, the green business is one of the top industries which have become the most inspiring segment in the world market, according to the London Stock Exchange (London Stock Exchange, 2013d).

Operations management of the Tata Motors Group

Operations management of the Tata Motors Group The concept of operations management is related to the optimum utilization of the resources in the best possible way. In todays complex business environment it is very important to understand the importance of every management process. operations management is a very important factor for the maximum utilization of resources in any firm. Introduction Established under the parent company, Tata Group, in 1945, Tata Motors Limited has become Indias largest automobile company. It was the first Indian automobile company to list on the New York Stock Exchange. Tata Motors began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. This partnership has led Tata Motors to not only become Indias largest automobile company but also Indias largest commercial vehicle manufacturer; the worlds top five manufactures of medium and heavy trucks and the worlds second largest medium and heavy bus manufacturer. Having just entered the passenger vehicles market segment in 1991, Tata Motors now ranks second in Indias passenger vehicle market. Tata has enjoyed the prestige of having developed Tata Ace, Indias first indigenous light commercial vehicle; Tata Safari, Indias first sports utility vehicle; Tata Indica, Indias first indigenously manufactured passenger car; and the Nano, the worlds least expensive The company that has been taken for the purpose of demonstrating operation management and its effectiveness is Tata motors India Pvt. Ltd. The fact that tata motors came up with a small car in the Indian market and has been very succesfull it needs to be understood that what it is that instigated the success to such a boundry. Tata Motors is Indias largest automobile company, with consolidated revenues of USD 20 billion in 2009-10. It is the leader in commercial vehicles and among the top three in passenger vehicles. Tata Motors has products in the compact, midsize car and utility vehicle segments. The company is the worlds fourth largest truck manufacturer, the worlds second largest bus manufacturer, and employs 24,000 workers. Since first rolled out in 1954, Tata Motors has produced and sold over 4 million vehicles in India. Established in 1945, when the company began manufacturing locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors is a dual-listed company traded on both the Bombay Stock Exchange, as well as on the New York Stock Exchange. Tata Motors in 2005, was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2010, Tata Motors surpassed Reliance to win the coveted title of Indias most valuable brand in a annual survey conducted by Brand Finance and The Economic Times. Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar , Lucknow, Ahmedabad, Sanand,Dharwad and Pune in India, as well as in Argentina, South Africa and Thailand. Tata Motors aimed to increase its presence worldwide. In 2004, it acquired the Daewoo Commercial Vehicle Company of South Korea. The reasons behind the acquisition were: Companys global plans to reduce domestic exposure. The domestic commercial vehicle market is highly cyclical in nature and prone to fluctuations in the domestic economy. Tata Motors has a high domestic exposure of ~94% in the MHCV segment and ~84% in the light commercial vehicle (LCV) segment. Since the domestic commercial vehicle sales of the company are at the mercy of the structural economic factors, it is increasingly looking at the international markets. The company plans to diversify into various markets across the world in both MHCV as well as LCV segments. To expand the product portfolio Tata Motors recently introduced the 25MT GVW Tata Novus from Daewoos (South Korea) (TDCV) platform. Tata plans to leverage on the strong presence of TDCV in the heavy-tonnage range and introduce products in India at an appropriate time. This was mainly to cater to the international market and also to cater to the domestic market where a major improvement in the Road infrastructure was done through the National Highway Development Project. Tata remains Indias largest heavy commercial vehicle manufacturer and Tata Daewoo is the 2nd largest heavy commercial vehicle manufacturer in South Korea. Tata Motors has jointly worked with Tata Daewoo to develop trucks such as Novus and World Truck and buses namely, GloBus and StarBus. In January 2008, Tata Motors launched Tata Nano, the least expensive production car in the world at about 120,000 (US $3000).The city car was unveiled during the Auto Expo 2008 exhibition in Pragati Maidan, New Delhi. Tata has faced controversy over developing the Nano as some environmentalists are concerned that the launch of such a low-priced car could lead to mass motorization in India with adverse effects on pollution and global warming. Tata has set up a factory in Sanand, Gujarat and the first Nanos are to roll out summer 2009. Tata Nano Europa has been developed for sale in developed economies and is to hit markets in 2010 while the normal Nano should hit markets in South Africa, Kenya and countries in Asia and Africa by late 2009. A battery version is also planned. Tata Motors Limited is Indias largest automobile company, with revenues of 35,651.48 crore (US$7.74 billion) in 2007-08. It is the leader in commercial vehicles in each segment, and among the top three in passenger vehicles in India with products in the compact, midsize car and utility vehicle segments. Tata vehicles are sold primarily in India, and over 4 million Tata vehicles have been produced domestically since the first Tata vehicle was assembled in 1954. The companys manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand) and Dharwad (Karnataka). Following a strategic alliance with Fiat in 2005, Tata set up an industrial joint venture with Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and Tata cars and Fiat powertrains. The company is establishing a new plant at Sanand (Gujarat). Tatas dealership, sales, service and spare parts network comprises over 3500 touch points. Ta ta Motors also distributes and markets Fiat branded cars in India. Current Situation The Tata Motors group is a passenger and commercial vehicle manufacturer based in India. The motor group was established in 1945 as part of the larger Tata Group. They have long been known for their commercial vehicles and in the past ten years entered into the passenger car market. Currently, Tata Motors has a line of five passenger vehicles and a large line of commercial vehicles producing pickups, trucks, tractor trailers, tippers, and buses. Both product lines of the Tata Motors group have seen success, but much of this has been built upon the more deeply established commercial vehicle product line. Tata Motors commercial line has been established for several years in many market segments such as Europe, Africa, The Middle East, Australia, Southeast Asia, and South Asia. Tata Motors has expanded their business and market share around the world through a series of acquisitions. In 2004, they acquired Daewoo commercial vehicle Company in South Korea which was South Koreas second largest truck manufacturer. This acquisition gave Tata Motors a significant presence in the Korean market. They have also entered into joint ventures with companies such as Thonburi Automotive in 2006, which allowed them to manufacture and market pickup trucks in Thailand. Tata Motors have been making global headlines in the auto industry lately; the largest news being their acquisition of Jaguar and Land Rover from Ford. Tata paid 2.3 billion dollars to Ford for the two brands that cost Ford 5.3 billion (Carty, USA Today). This is a major step for the company because it catapults them into the luxury car business which they are not known for at this time. Tata, like many new businesses it acquires, is allowing this new segment of the business to be run by previous management since they have more experience in the luxury automotive business. Tata will give us some space. They want us to run our business, be a premium British car company (Mike ODriscoll, managing director of Jaguar). This is yet another large acquisition for the Tata Motors group and could create great success for the company in the near future. Corporate Governance Since Tata Motors is a part of a large conglomerate company it needs to have a strong corporate governance to ensure that its employees act ethically and the business continues to run smoothly especially during the ever changing and dynamic global economy. Tata Groups corporate governance is founded upon a rich legacy of fair, ethical, and transparent governance practices (tatacarsworldwide.com). One of the more important parts of this is the transparency of the company people have a right to know what the company is doing not only to ensure ethical practices, but for the insurance of their many shareholders whom have a right to know the inner workings of the company Tata has created some models for employees to guide themselves through everyday business practices to ensure that the corporate governance is continuously being upheld. The Tata business excellence model is upheld by Tata quality management services. Quality management is an in-house group dedicated to helping the various Tata companies achieve their business objectives through specific processes. The two main processes that the quality management services employees focus on are business excellence and business ethics. These two objectives have helped build Tata into the strong, dynamic company it is today. These models are entrenched in the companys ethnical standards and Tata feels strongly about enforcing both throughout the company. Tata quality management services plays the role of supporter and facilitator in the journey that Tata enterprises undertake to reach the peaks of business eminence while, at the same time, adhering to the highest ethical standards (Tata.com). To further prove their commitment to quality and ethical practices Tata has introduced annual quality awards for those companies conducting business with the utmost quality. These awards are called the JRD quality value awards named after the late chairmen JRD Tata. These awards are presented annually on July 29th, the birthday of JRD Tata. Tata has committed to ensuring quality and ethical standards not only within Tata Motors, but throughout their many other branches and sectors of the Tata Group. They have done so by benchmarking quality standards through the Tata business excellence model as well as providing incentives for companies to strive to improve the quality of their service, by awarding JRD quality management awards. Financial Position Tata Motors have increased its earnings over the years through their various acquisitions and joint ventures with truck manufacturers in Southeast Asia. Gross profit in the year 2006 was 1,160.9 million and increased to 1,510.1 million in the year 2007. Earnings after taxes also increased significantly between 2006 and 2007 increasing from 336.6 million to 405.5 million in 2007. After a large drop in revenues from 2004 to 2005 when the company first went public on the NYSE it has been increasing revenues greatly annually, from 4,422.0 million in 2005 to 7,354.0 in 2007. Core Competencies Tata Motors is able to maintain, as well as increase, their market share by capitalizing on their core competencies. Tata Motors is active, competitive, and dynamic in all aspects of the automotive industry, which means that there must be many different activities going on in all areas of the company. As a result of the ever evolving automotive industry Tata Motors must always be changing and one way to stay at the forefront of the industry is to make continuous improvements in technology through research and development. One way that Tata Motors has done this is by producing one of the most efficient and low cost vehicles on the market. Acquisitions, mergers, and expansion is another core competency that Tata Motors has is embedded in their company structure and philosophy. Another core competency that Tata Motors holds is being located in the India. This location has allowed them to understand not only the Indian market but also the dynamics of emerging and developing markets. This market understanding and knowledge allows Tata Motors to manufacture their products at lower costs, sell them to emerging markets while making profits as well as take advantage of the strong labor base in India. PEST Analysis Political Since Tata Motors operates in multiple countries across Europe, Africa, Asia, the Middle East, and Australia, it needs to pay close attention to the political climate but also laws and regulations in all the countries it operates in while also paying attention to regional governing bodies. Laws governing commerce, trade, growth, and investment are dependent on the local government as well as how successful local markets and economies will be due to regional, national and local influence. In accordance, Tatas headquarters in Mumbai, India, strictly controls and regulates operations in all dealerships and subsidiaries, in addition to knowing and abiding by all labor laws in the multiple countries where they have manufacturing plants it has to watch political change. Economic Operating in numerous countries across the world, Tata Motors functions with a global economic perspective while focusing on each individual market. Because Tata is in a rapid growth period, expanding or forming a joint venture in over five countries world-wide since 2004, a global approach enables Tata Motors to adapt and learn from the many different regions within the whole automotive industry. They have experience and resources from five continents across the globe, thus when any variable changes in the market they can gather information and resources from all over the world to address any issues. For instance, if the price of the aluminum required to make engine blocks goes up in Kenya, Tata has the option to get the aluminum from other suppliers in Europe or Asia who they would normally get from for production in Ukraine or Russia. Tata Motors also has to pay close attention to shifts in currency rates throughout the world. Currency fluctuations can equate to higher or lower de mands for Tata vehicles which in turn affect profitability. It can also mean a rise in costs or a drop in returns. But they also have to pay attention to not just the domestic currency, the rupee, but also to the dollar, euro, bhat, won, and pound, to just name a few. Just because the rupee is strong against the dollar does not mean it is strong against all the other currencies. Attention to currency is important because it influences where capital investment will develop and prosper. Social Undoubtedly, the beliefs, opinions, and general attitude of all the stakeholders in a company will affect how well a company performs. This includes every stakeholder from the CEO and President, down to the line workers who screw the door panel into place, from the investor to the customer, the culture and attitude of all these people will ultimately determine the future of a company and whether they will be profitable or not. For this reason, Tata Motors tends to use an integration and rarely separation technique with foreign companies they acquire. In 2004, Tata Motors acquired Daewoo Commercial Vehicles Company, which was at the time Koreas second largest truck maker. Rather than using de-culturation or assimilating Daewoo, Tata took an integrated approach, and continued building and marketing Daewoos current models as well as introducing a few new models globally just as it had been done under Korean management. Technology Tata Motors and its parent company, the Tata Group, are ahead of the game in the technology field. The foundation of the companys growth is a deep understanding of economic stimuli and customer needs, and the ability to translate them into customer-desired offerings through leading edge RD (Tata). Employing 1,400 scientists and engineers, Tata Motors Research and Development team is ahead of the pack in Indias market and right with the rest of the field internationally. Among Tatas firsts are the first indigenously developed Light Commercial Vehicle, Indias first Sports Utility Vehicle and, in 1998, the Tata Indica, Indias first fully indigenous passenger car, as well as the increasingly famous Tata Nano, which is projected to be the worlds cheapest production car (Tata). In the automotive industry, it is becoming increasingly crucial for manufacturers to stay on top of the technology curve with new problems always rising such as escalating gas prices and pollution problems. Tata rec ognizes this and dedicates lots of resources and time into research and development to be even with or preferably ahead of other competitors, global trends, and changing economies. In all, an automobile manufacturer must change, adapt, and evolve to stay competitive in the automotive game, and this is exactly what Tata is doing with their rapid growth, and extensive research and development. SWOT Analysis Strengths Tata Motors excels when it comes to innovation through intensive research and development. Their ability to make the least expensive car on the market, the Nano which will retail for $2,500, is far beyond what any other car dealership has created. This innovation gives Tata Motors their main competitive advantage. Tata Motors makes everything from tractor-trailers to the worlds least expensive car. This product diversity grants them a competitive advantage over their competitors because they can satisfy more markets and customer needs. Another strength that Tata Motors possesses is high corporate responsibility. They donate a portion of their profits from stock increases towards a specific charity. This highlights Tata Motors overall desire for community improvement while also emphasizing Tata Motors high morals and values which is something money can not buy. Tata Motors is unique in a way in which when it buys a company. Tata Motors keeps the original management of that company int act. The company that Tata Motors purchases will look exactly the same in terms of management and organizational structure as if it was never purchased by Tata Motors. Weaknesses There are strings attached with every new invention and improvement on products. These strings are Tata Motors weaknesses and what other groups perceive as their weaknesses. One weakness that Tata Motors faces is its inability to meet safety standards. Although they have made the most inexpensive car out on the market, it has yet to pass all the safety standards which is a legal factor. Some consumers and pessimists inquire as to how Tata Motors can make such a cheap car and withstanding a car accident or not just falling apart after hitting something once. Pessimistic people also want to believe that car manufactures are already doing everything they can to keep costs low for the consumer, and if that is the case, then putting the cheapest car out on the market automatically questions if it is safe to drive.Tata Motors only have been making passenger cars for the approximately last ten years. This can be viewed as a weakness from a customer standpoint since a decade does not seem li ke a lot to consumers and therefore they will think that Tata Motors is inexperienced car manufacturing. Opportunities Tata Motors has already opened the doors for many new and innovative ideas, but not only for their company, but their competitors as well which could turn into a threat. One of the major opportunities that Tata Motor faces is that as of right now 90 percent of China and Indias adult population do not own cars, partly because cars are costly and require more expenses after purchased. So the market for a low-priced car is huge which benefits Tata Motors perfectly since they produce the lowest priced car on the market. This is a huge opportunity for Tata Motors because if they can get their feet into that market of people that do not have cars because they cannot afford them, then they will make large profits down the road. Chinas total car sales are estimated at over 8 million dollars annually and they were the worlds second largest car market in 2006. Chinas government forecasts that demand for cars will top 20 million by 2020. With Tata Motors in the market with the cheapest car, Chinas demand for cars will probably increase even more significantly which will in turn increase sales for Tata Motors. As of March 2008 Tata Motors finalized a deal with Ford Motor Company to acquire the British businesses, Jaguar Cars and Land Rover. This is a huge opportunity for Tata Motors since they will acquire the large knowledge base and technologies for producing and marketing luxury vehicles. This acquisition helps them dive into the more mature markets in Japan, Europe and the U.S. The knowledge transfer from these two companies will greatly improve Tata Motors ability to continue to grow and flourish in both developing and developed market segments. Threats The obvious threat to Tata Motors is intellectual property rights. Tata invented the cheapest car on the market and every automobile manufacturer wants to know how Tata did it. Headhunters are soon going to find out this valuable information and make it available to their own company. This is a huge threat to Tata Motors because at first they had low competition, but once other car manufactures find out how they invented such a low cost car, and then these companies too will jump on board and design their own line of low cost automobiles. On one hand this can be a threat, but on the other it may not affect Tata Motors at all because people will still want to purchase their product since they were the pioneers of all the excitement. Another main concern that Tata Motors faces is that cheap cars in India will have an adverse effect on pollution and global warming because most of the population will be able to afford the cars.

budget deficit Essay -- essays research papers fc

"It's time to clean up this mess." Famous last words heard from the mouths of many different politicians when talking about the national debt and the budget deficit. Our debt is currently $4.41 trillion and we have a budget deficit of around $300 billion and growing. Our government now estimates that by the year 2002 the debt will be $6.507 Trillion. While our politicians talk of balancing the budget, not one of them has proposed a feasible plan to start paying down the debt. In the early days of our government debt was considered to be a last resort. In 1790, when Alexander Hamilton, as secretary of the Treasury, made his first report on the national debt of the United States, he estimated it at close to $70 million. After alternately rising and falling, the debt stood at only $4 million, or 21 cents per capita, in 1840. That was the lowest point ever reached by the public debt of the U.S. After 1840 it rose to a peak, in the last year of the Civil War, of almost $2.68 bil lion and a per capita figure of $75.01. The only justification for debt of any significant amount was a war. By 1900 this had been reduced to under $1 Billion. By 1919, the end of World War I, the debt had climbed to $25.5 Billion. In each of the following years the debt was reduced, and by 1930 stood at $18.1 Billion. With the collapse of Wall Street in 1929, the country (debt history: 1850 to 1950) fell into the Great Depression, which lasted until 1940. At that time the debt had climbed to $51 Billion. By the end of World War II the debt was $269 Billion. Again the government worked to reduce the debt, and by 1949 it was $252.7 Billion. At that point the Korean War started, sending the debt to $274 Billion by 1955. Since then, there has been no serious effort to pay down the debt. The main point to be made was that on three separate occasions a major debt reduction effort had been made, but in the past 55 years in spite of much arm waving there have been no similar results. The U.S. debt is divided into two major kinds of loans, marketable and no marketable. The former provides about 52 percent of the total and is made up of bills, notes, and bonds that can be traded; the latter includes U.S. savings bonds, foreign-government-owned securities, and government account securities that are redeemable but not tradable. Maturity of this debt ranges from less than a year to o... ... BIBLIOGRAPHY www.census.gov/foreign-trade/top/dst/2004 and 2003 and 2002/deficit.html The Cost of Borrowing. The Economist; Dec 15, 2004 Gale, William G. and Orszag, Peter R. The US Budget Deficit: On an Unsustainable Path. New Economy, Dec 2004. Gramlich, Gov Edward M., speech to the Isenberg School of Management Seminar Series, Amherst, Massachusetts, May 14, 2004; www.federalreserve.gov/boarddocs/speeches/2004/20040225/default.htm Griswold, Daniel T., Associate Director, Center for Trade Policy Studies, The Cato Institute, July 22 1998; www.freetrade.org/pubs/speeches/ct-dg072298.html www.investorwords.com/601/Deficit.html; WebFinance, Inc., 1997-2005 www.investorwords.com/5020/trade_deficit.html; WebFinance, Inc., 1997-2005 Eisner, Robert. How Real is the Federal Deficit? New York, The Free Press, 1986. Federal Reserve System. World Book Encyclopedia. Vol. 7, 67-68, 1988. Rukeyser, Louis. What's Ahead for the Economy: The Challenge and the Change. New York, Simon and Schuster, 1983. Segalstad, Eric V. Determinants of the Interest Rate. October, 1997. Sims, C., Comparison of Interwar and Post-War Business Cycles: Monetarism Reconsidered. American Economic Review, 1980.

Childhood as a general notion

Childhood, as a general impression, seems to be obvious: it is the journey in life when you are a kid. Everyone ‘s childhood is alone and society has differing sets of thoughts about what kids are like, what they should be like and how grownups should handle them. A traditional position of childhood ( Alwin 1990 ) , as cited by Waller ( 2005 ) , is that kids are cardinal to the household unit where they create fond bonds with their parents and go fixed with and follow parent ‘s values and attitudes. Waller ( 2005 ) p61 The construct of childhood appears to alter form as society evolves and life styles alter and this is confirmed by Walkerdine ‘s modern belief that childhood is â€Å" nomadic and switching † . His definition of childhood, as discussed by Waller ( 2005 ) , is that â€Å" kids experience many different and varied childhoods. † Waller. T, An Introduction to Early Childhood ( 2005 ) p56 The differences kids experience make up their individuality, do them alone and can include factors of race, disablement, societal category, faith, gender and/or background, impacting the kid ‘s single individuality and can act upon their development and patterned advance through life. A varied combination creates the legal individuality of kids at birth in footings of name, gender, nationality and their place in their household unit in relation to their parents and other close household members. Children will so add to this legal individuality and make their ain personal individuality as they develop, grow and experience life through maturity and beyond. Their personal individuality will organize and alter through their experiences of place background, ( including attitudes and values ) , societal economic position, educational accomplishment, faith and gender picks, employment position, personal battles and accomplishments as they encompass life. Waller ( 2005 ) p56 In add-on, kids ‘s development of personal individuality is learned through being accepted by others and by being accepted for their individualism will make a province of emotional well-being, positive self-pride and positive self-identity. They may nevertheless, because of bias of their gender, societal category, disablement or race issues, feel they are unequal and less worthy than other kids. Walkerdine ‘s Mobile and switching position of childhood can be seen as being normal for many kids and this is explained by Waller who cites Penn ( 2005 ) and others, in their account of a normal kid being a: â€Å" funny mix of statistical norms and historically specific value opinions. The most dramatic facet of the ‘normal ‘ kid is how unnatural he or she is, since there is no such individual in world and ne'er has been. The advantage of specifying normalcy is that it is a device that enables those in control or in charge to specify, sort and handle those who do non suit in. † Legislation has been put in topographic point to guarantee that all kids fit in with the best chances for them to make their full potency and the most important device that enables kids to suit in is the United Nations Convention on the Rights of the Child. In 1989, it was decided that kids needed rights that protected and supported them and this convention lays down 54 articles that spell out the basic human rights kids are entitled to in footings of protection, proviso and engagement and cover all factors of their multidimensional individuality such as disablement, race, gender, societal category, sex and faith. This Convention enables kids to be recognised and respected for their ain involvements, points of position and most significantly their personal individuality and helps them to be included in everything that affairs to them irrespective of their single demands and backgrounds. The United Nations Convention on the Rights of the Child gives kids a voice in doing certain they are listened to, included and treated reasonably. ( Friedman. R, 2007 ) Early Old ages in Early on Childhood Surveies This relates to article 12 of the UNCRC where it states â€Å" kids and households are valued and respected at all degrees in our society and have the right to hold their voices sought, heard and acted upon by all those who support them and who provide services to assist them † . In add-on, this article is portion of the vision of the Early Years Framework, working towards giving kids the best possible start in life. Early Years Framework is statutory guidelines for everyone working in early old ages and lays out the stairss everyone, including national and local authoritiess, must take to guarantee kids receive the same results and chances. This model works towards equality and inclusion because it helps to place kids who are at hazard of non accomplishing and takes action to forestall these hazards happening. Some of their actions include traveling kids out of any dangers they have already fallen into, interrupting rhythms of poorness, inequality and hapless results throughout early old ages and have a focal point on authorising kids, households and their wider communities and assisting these groups â€Å" to procure hereafters for themselves † . Scots Government ( 2008 ) p4 This model works together with other policies including Curriculum for Excellence, Equally Well and Skills for Scotland in turn toing the factors of poorness, which can add to the hazard of poorer results for kids. Harmonizing to Bennett and Moss, kids populating in poorness are likely to be more disadvantaged in footings of â€Å" wellness, socio-emotional development, educational attainment, school attending, household stableness and employment chances † . Bennett, J et Al, Working with Diversity, Children in Scotland ( 2010 ) ( p4 ) Poverty can hold a immense consequence on kids and their self-pride because an environment of hapless or no income may see their basic needs non being met suitably and because of this kids may underperform at school. Populating in poorness can besides act upon a kid ‘s sense of individuality because of the stigma and stereotyping of hapless people. This can take to a kid missing in self-esteem because of the manner they are viewed and/or treated and they may experience unequal and useless. Children who have higher self-pride will experience worthy, important, experience good about themselves and make a positive sense of individuality enabling them to cognize where they want to travel in life and seek to interrupt the rhythm of poorness. Early Years Framework understands the emphasiss parents and households face and how this can impact on kids ‘s development. They work to do certain kids receive the best experiences and results in their earliest old ages and set the foundations for their journey into big life and beyond. Helping households to interrupt the rhythm of poorness will besides enable them to switch their societal category and this can assist to find better hereafters. Scots Government ( 2008 ) p4 This policy and other specific statute law ensures kids all have the same chances in order for them to hold a good quality of life in early childhood. Children have a right to be portion of their community scene and develop their ain single individuality but the statute law can merely be effectual if grownups adhere to the guidelines laid down. Adults should advance themselves as positive function theoretical accounts sing bias and favoritism towards individuality differences. Siraj-Blatchford, I ( 2000 ) p3 Children notice individuality differences in other people in footings of tegument coloring material, disablements and linguistic communication and other relevant differences, and will non see these differences as incorrect or worthless but the reactions and replies kids receive from grownups when oppugning about these differences will find whether or non kids learn negative attitudes about bias, pigeonholing and favoritism. Lindon J ( 1998 ) ( p78 ) Some grownup sentiments and positions about differences, bias and favoritism in society in the countries of disablement, race, faith, gender issues and societal category, have been passed down from coevals to coevals and this led to labelling, pigeonholing and favoritism of people ne'er being challenged. This was caused by our ignorance, but as society has evolved, our attitudes towards these issues have changed to a more positive position. This positive position will do a difference to the development of kids ‘s ain attitudes to prejudice and pigeonholing. Pigeonholing agencies holding a general sentiment of a category of people that is fixed, for illustration, positions in the past about male childs and misss related to their behaviors, endowments or failings. It was assumed that misss would under- achieve in instruction compared to boys and farther instruction for misss was disputed because it was thought this would be a waste as â€Å" they would merely acquire married † . Pigeonholing occurred as a consequence of doing opinions about people and in the instance of gender, adult females they were judged as being less intelligent than work forces. Lindon, J ( 1998 ) p33 Lindon believes that this male chauvinist position created bias and favoritism against adult females during the 1950s and 1960s and provinces that The Sex Discrimination Acts 1975 and 1986 made it illegal to know apart against people on the footing of their sex. Children should non believe they are good at certain things merely because they were born a miss or male child, they need to experience valued and develop a positive individuality whatever they do or whoever they are. In our Early Years scenes, practicians should be cognizant of equal chances towards gender functions and purpose for both male childs and misss to make positive results and this involves sing comparings of how male childs and misss are treated and what activities and resources are made available for both sexes and how they are encouraged to utilize them. This would include doing certain resources and experiences are non seen as being merely for male childs or merely for misss. For illustration, out-of-door drama of physical activities like mounting, playing on bikes or football chances should be available to both misss and male childs. In add-on, if boys want drama with the cooker, rinsing machine or pressing board in the place corner so they should non be discouraged from making so. Childs have the right to take where they want to play and larn and the possible challenge for practicians is to let such drama and enable kids to develop assurance in their ain abilities, create a feeling of self-worth and most significantly, a positive feeling about their ain individuality. â€Å" Through grownup function modeling, the usage of play and narrative, and through positive intercession, both misss and male childs can gently be challenged and strongly supported as they come to an apprehension of who they want to be † . Smidt, S. ( 2007 A usher to Early Years Practice, p148 Excluding kids from resources on the footing on their gender can be seen as favoritism and means handling them in a different manner because they are portion of a peculiar group. In add-on, this exclusion contradicts Standard 5, Quality of Experience, and one of the chief rules of Choice, as laid down within the National Care Standards and prevents equality and diverseness within pattern. Other favoritisms associating to a kid ‘s personal individuality can include the positions that all handicapped people are incapacitated. Up until the 1980s, the medical universe used to label kids with disablements because they were non following expected forms of development and the status of the kid became the focal point of attending and non the kids themselves. This resulted in the ordinary or basic demands of the kid being disregarded and the medical universe regarded the kid as lacking in abilities with the focal point so going what the kid could non make instead than what they were able to make. Disability was so seen as a job significance handicapped persons had to accommodate to suit into society and were discriminated against. This negative opinion prevented us from sing handicapped people as persons and expression at what they could non make instead than what they are able to make and by raising the stereotype and favoritism, we can put a kid with extra support dema nds at the Centre of their proviso. The debut of The Education Act 1981 and The Children Act 1989 required local governments to place and measure so supply appropriate services for handicapped kids. Society now concentrates on what the kid can make as an person and allows the kid to be put at the Centre of their proviso and be valued irrespective of their abilities, increasing their assurance, self-esteem, self-worth and single individuality. Hickman, C. et al as cited by Waller, T. ( 2005 ) p32 The Disability Discrimination Act now says that if a kid encounters barriers, society must now happen a solution and do resources available to let the kid to be included. This act now ensures that the kid is in an environment of equal chances and inclusion where diverseness is welcomed and where the environment has to accommodate to let the kid to suit in. Scots Government ( 2009 ) During my clip in arrangement, I discovered how an country within the baby's room scene had been developed and adapted to back up and advance equality and inclusion. Observation 3 After treatments with my wise man I discovered that the baby's room had worked alongside the kid ‘s parents, local authorization, and others to measure, program and develop this country for this kid and this working partnership falls within the guidelines of both â€Å" Geting it right for every kid † and the â€Å" Child at the Centre † paperss. Both paperss recognise kids ‘s rights as laid down by the UNCRC and assist kids and their households to derive a positive difference in their lives. These paperss besides benefit practicians by supplying counsel on why seting the kid at the Centre will intend â€Å" acquiring it right † for kids as alone persons. I used the â€Å" Geting it right for every kid † counsel to offer support and a solution for a kid take parting in a physical activity. By supplying the support required he was able to get the better of physical inequalities and allowed him to take part to the full in this activity. This support besides enabled him to be at the bosom of â€Å" Geting it right for every kid † and in peculiar an effectual subscriber who was able to included. Observation 1 The Child at the Centre papers helps practicians to self-evaluate the service they provide for kids and includes indexs which guide them in their professional contemplation of the quality of larning provided. The counsel aid practicians self-evaluate in their planning and intercession of betterments to the acquisition experiences for kids. For illustration, one of the quality indexs is â€Å" 2.1 Children ‘s Experiences † and relates to â€Å" the extent to which kids are motivated and actively involved in their ain acquisition † . Within this subdivision of the policy there are statements which province: â€Å" about all our kids are doing good advancement and accomplishing good † and â€Å" our kids are treated with equality, equity and regard † and these statements help to reflect on good pattern and usher practicians in their proviso. Scots Government p22.23 I had a treatment with my nursery wise man environing a immature kid whose English was non her first linguistic communication and discovered that, harmonizing to my wise man, the kid did non talk really much English. However, during my observation ( observation 2 ) I discovered that this immature kid could in fact speak English rather confidently. This state of affairs highlights the importance of the appropriate and efficient usage of self-evaluation and policies like Child at the Centre to guarantee all kids are within an environment of equality and inclusion. In modern twenty-four hours Scotland there are many kids who are bilingual and harmonizing to Smidt. S ( 2007 ) , and possibly confirmed by my treatment in baby's room, are offered a course of study that is restricted and does non run into their demands. Good patterns will include and affect these kids and their households in all facets of their acquisition environment and actively observe their different civilizations and in the procedure enable bilingual kids to develop self-esteem, self-worth and a positive self-identity. Smidt, S ( 2007 ) Language is a important factor in footings of societal category and a survey by Bernstein, B. as cited by Smidt, S. ( 2007 ) highlighted the rate of underachievement of working category kids. He explains that working category kids were at a disadvantage in instruction because the linguistic communication used within educational constitutions is on a different degree of understanding to the type of linguistic communication used by working category people. Practitioners should utilize linguistic communication to speak about things that have existent significance in the lives of kids and show regard for the kids and their usage of linguistic communication. Smidt, S. ( 2007 ) Discrimination against kids from working category households may go on because they are judged as being unsuccessful because they come from â€Å" the local council estate † , â€Å" a single-parent household † or â€Å" parents are unemployed † . If attitudes to stereotyped remarks like this continue to predominate, so favoritism of societal category will transport on and our kids will go on to underperform, impacting on their well-being, life opportunities and accomplishments. Smidt, S. ( 2007 ) The Equality Bill 2010 highlights the importance of undertaking favoritism and inequalities in our society. It brings together all pieces of statute law sing disablement, race, gender, societal category, sex and faith in order to protect a kid ‘s multidimensional individuality and to guarantee our society narrows the spread between inequalities and helps to procure equality and inclusion for all immature kids.

Computer Networks And Internet Protocol Television Essay

The advent of computer has changed the way the world moves. Distance factor is no longer a problem. The physical might appear a big place with things at far off places but the world in virtual form doesn’t believe in distance. Everything can be achieved within minutes if not seconds. The whole technology behind this mega change is based on computer and is termed as Information Technology. This technology has led to the creation of a cyber world or electronically generated world with the help of computers connected to each other through suitable wires. Now words like cybercafe, cyber chat, cyberspace, cyber shopping, etc. have started making rounds. People can send electronic mails to far off places within seconds. Details and information are getting transferred within few seconds. People in Shanghai and New York are just seconds away. Transferring data in electronic form is actually the fastest way to transfer things. It’s not only the message transfer that has been revolutionized but also the business world. There are virtual shopping malls with website offering you a range of products ranging from computer peripherals to groceries. Companies are now providing details of their product through their website and are accepting customers’ requests of information and now even orders for products are being accepted. Everything is available. Money transfer can easily be done through wire transfer techniques. People do not wait. This world is not ruled by armed soldiers or any nuclear weapon. It’s the information which rules. The physical world just has to react on the outcome. Its role is just for receiving and sending. This high performing virtual world has made significant change in the performance of the actual world (Tanenbaum, 2003). Things in real world are now easier to comprehend. Outsourcing has helped in accessing low cost labor in far off Asian nations like India and China. Multinational companies like Microsoft, IBM, GM. , GE etc. have offices in almost in each part of the world with performance of each of these units can be monitored from any of its offices. Their offices have been networked though LANs i. e. , Local Area Network and WANs i. e. , Wide Area Network. They have virtually made themselves available to their customers any time anywhere and just a click away (Tanenbaum, 2003). 2. Computer System & Network of computers A computer system and network of computers are actually two different but interrelated things. A computer system is just a normal computer including peripherals and software necessary for the functioning of the device (Webopedia). But if we talk of Computer Network, it can be defined in a very simple way as a network of computers (Princeton). But giving full importance to all factors getting into act when we talk about network, the definition which actually makes complete sense is none other than the two or more computers connected together to share hardware, software and data and has been implemented according to some topology (Tanenbaum, 2003). The network can have all peripherals located within an office or building. This arrangement is often termed as Local Area Network or LAN (Tech, 2006). If the same is achieved in a wide area i. e. , computers connected to the network are located at places as diverse as countries in different continents, we can call the same as Wide Area Network or WAN (Cisco, 2006). Calling all computers and other intelligent parts of it as nodes, the term network topology can be defined as patterns of links connecting a pair of nodes of a network. 3. Internet Protocol & IPTV Technology related television services which include uplink and transmission has seen some of very revolutionary inventions of modern science. The television delivery system has now moved from terrestrial transmission through analog signals to encrypted digital signals through internet as well as IPTV (Anderson, 2006). The entertainment world through television is now very much eager to move from TV being delivered through cable to Internet Protocol Television with content being viewed through technologies used for computer networks (Lu, 2006). The last decade of the 20th century witnessed the massive growth in Internet Protocol based services. Now with the fast development of hardware and software technologies, this internet world has now developed to accommodate services like VoIP and many other telecom products (Wikipedia, 2007). It is a system which delivers digital television services to registered subscribers in a managed network with address based technology. The unique IP address of a subscriber provides him a virtual address over a network and creates a connection between the service provider and the television (Wikipedia, 2007). 4. Television through IPTV: a new experience IPTV is going to give the most electrifying experience to its subscribers. It’s not just seamless TV viewing but also more interactive and personalized. Things like participation in a game show or any discussion board will only require the use of the remote while sitting on the couch. Now the user will not feel being bombarded with a long list of channels rather get a very creative option to receive them with a much richer experience (International Engineering Consortium, 2007). The two-way signal broadcasting system through the network over which IPTV depends, allows the viewers to make selection that too on demand with time shift option. The additional services which can also be incorporated with IPTV are the Web Browsing i. e. surfing the internet, gaming with a game console with the current system and finally the communication applications which can enable email, MMS, Chat, etc (Telecom Italia, 2006). Figure 1 (IPTV delivery Infrastructure) The Set-Top Box which has made this IPTV happen which at one end is connected to the TV set while the other end to an ADSL connection can easily be made to supply Broadcast TV services (BTV) as well as Video On Demand (VOD) services. This BTV facilitates the simultaneous reception by the users of a traditional TV channel. And using multicasting protocols IPTV can make available services which are similar to experiences of a traditional TV like Free-to-air or Pay TV or a Pay-Per-view service (Luarel Networks). The same IPTV can be used by service providers to provide the VOD service which is made available on request. The VOD service requires implementation through IP unicast protocols (Ericsson, 2006). The enhanced IPTV can also make Personal Video Recorder (PVR) services available. The local PVR makes way for video-recording on the STB hard-disk with another set of functions for live, pause and replay. Similarly the Network-based PVR stores the data on the operator’s server which is generally used for VOD (International Engineering Consortium, 2007). On technological point, the IPTV makes way for better utilization of available infrastructure like the bandwidth. Traditional transmission technology actually sends more than hundred channels simultaneously while the IPTV requires just one channel to be sent to the subscriber at a time. Every time the user selects a channel or a program, a new streaming takes place with data related to the newly selected channel (Anderson, 2006). 5. IPTV: More Advantages, More services & More Business The IPTV will lead to a very new level of interactivity among Internet and data mainly as voice and video. A cable based TV network beams data in form of video mostly in MPEG format through an explicit bandwidth portion while the internet which enables high speed data transfer works on an IP based network and the data transfer is based on packets rather than streams. Both the technologies are technically very different. This IPTV is an amalgam of both the successful technologies. Being a data-centric application, the packets over this network can deliver both video as well as data (International Engineering Consortium, 2007). Figure 2: Telecommunications IPTV system solution The traditional cable network is often overloaded with more than 100 channels being transmitted simultaneously. So there is a limitation of maximum number of channels that can be made available to the subscriber. IPTV has a very clear advantage (Times News Network, 2006). Theoretically this technology can make almost infinite number of channels at the customer’s disposal. The transmission line actually transmitted a single channel which has been demanded by the customer. So the infrastructure usage per customer is negligible while opening a new era of almost every channel on the planet being made available to the user. The IP technology being a packet based product requires an acknowledgement to be sent to the source for every packet. This ensures that every packet sent by the source should remain intact and any loss of data will require resending of the same packet. This feature ensures very high quality of the product which the subscriber will receive (Anderson, 2006). The advantages associated to IPTV is not just conventional entertainment and advertisement based business but the technology can have its usage in developing new products which can make way to many other forms of businesses. The web based training is one of the many other possibilities. The IPTV network can be used to run different courses by making the videos of the classes available to the registered students (International Engineering Consortium, 2007). IPTV is the next big thing after telecom and internet. The business possibilities associated with this technology is almost as broad as the human thought. Almost all telecom companies are putting big money in exploration and marketing of this product (Blau, 2005). The business network and the corporate LAN’s may be greatest beneficiary with the delivery of videos and television content. The customized content delivery and the extremely secure network will reduce the theft cases to negligible. Customization facility will help the advertisers to understand the behavior of consumers and then will go for personalized ads that will translate into significant business returns (Iyer, 2005). 6. Conclusion The IPTV is going to be the next big thing in communication and media industry. With money pouring inform all big telecom companies IPTV is going to be a very serious business with entertainment becoming more and more customizable. The subscriber will experience a very different medium of entertainment with highest level of interactivity and almost innumerable possible services that too very much on his own wishes. 7. Bibliography Anderson, N. (2006) An introduction to IPTV. Available from http://arstechnica. com/guides/other/iptv. ars [Accessed 10 October 2007] Blau, J. (2005) Internet TV: Still Fuzzy, but Promising. IDG News ServiceAvailable from http://www. pcworld. com/news/article/0,aid,122138,00. asp [Accessed 10 October 2007] Cisco Systems, 2006. Wide Area Network. http://www. cisco. com/univercd/cc/td/doc/cisintwk/ito_doc/introwan. htm [Accessed 10 October 2007]