My Dilemma (acquisition, merger and initial public offer) Research Paper

My Dilemma (acquisition, merger and initial public offer) - Research Paper Example How the Dilemma came about One Monday morning when I got to the office, something strange and out of protocol happened. Hitherto, I rarely had any say on proposals for growth and expansion. I was more or less a passive observer who was around to learn from his superiors. This time round I was not even asked to give contributions towards a proposal to be sent to management but to select one of three choices management had taken on a long term growth and expansion move. Most of the time, proposals from my department to management were discarded but when proposals came from management to my department, it meant that the proposal was certainly going to be implemented. This means that the choice I made was going to be implemented. For a student on internship to decide the long term growth and expansion program for the multi million advertising company was indeed a herculean task. The dilemma was also with the fact that I had to choose among options given by management. The options were acquisition, merger and initial public offer. The company was considering either purchasing an events organization company or merging with the events organization company or putting its shares on public offer as a means of expanding the existing company. This was a dilemma because all three options had their own advantages and disadvantages. It was indeed difficult pointing out which of the options was going to be better than the either. Meaning of the three options Merger has been explained by Farlex (2011) to be â€Å"a combination of two or more companies in which the assets and liabilities of the selling firm(s) are absorbed by the buying firm.† It continues to posit that in the event of merger, there is a â€Å"decision by two companies to combine all operations, officers, structure, and other functions of business† (Farlex (2011). To this effect, it meant th at if I chose the option of merger, my company would have been tagged as the buying firm. It also meant that by merger, our company was going to combine all its operation, staff, structure and organizational culture with the selling firm. The new company that was going to be formed out of the merger was not going to be under the outright ownership of our firm but then ownership shared by the two companies in question. The Investopedia (2011) on the other hand explains that â€Å"when one company takes over another and clearly established itself as the new owner, the purchase is called an acquisition.† The implication of this definition is that if this choice was chosen by me, our company was

Individual Report Assignment Example | Topics and Well Written Essays - 1500 words

Individual Report - Assignment Example These findings have shown that the process of building and managing small group in a learning environment is very important. Small groups are a critical way of observing and developing various skills necessary in learners’ life thus giving group work a new status. It’s only within group work that self confidence, team work and interpersonal skills can be nurtured and assessed. The development of communal activities is reported by students to create environments where by they can observe their own learning, adjust the learning to suit different situation thus get more engaged in their subjects. These attributes are part of a deep approach to learning and ensures higher retention levels buy the learners (Hogan 45). Cognitive research has revealed that even with what is considered to be good instruction, many learners, including academically gifted students have an inferior level of understanding than perceived by most. With commitment, students taking an examination are normally capable of identifying what they have learnt or what they have read; cautious probing, however, often reveals that their understanding is imperfect or distorted, if not altogether mistaken. People have to build their own understanding regardless of how evidently teachers or books tell them things. Mostly, a learner does this by relating new information and ideas to what he or she already believes. Concepts—the basic units of human thought—that do not have numerous links with how a student reasons about the world are not likely to be memorized or useful. Or, if they do remain in theory rather than practical, they will be tucked away in some corner of the brain and may not be available to influence thoughts about any other facet of the world. Concepts are best retained when they are met in a variety of contexts and articulated in a variety of ways, since that ensures that there are more occasions for them to become embedded in a

Motivation In Second Language Learning

Motivation In Second Language Learning Motivation, as other individual differences in second language learning, plays a significant role which could affect second language learning success. It is an incentive to start L2 learning and sustain the later learning process. In classroom settings, same teachers, same materials, it could be seen that even one with highly aptitudes in learning a second language could fail in its achievement if there is no adequate motivation. For the past several decades, social psychologists and educators have made much effort to study this complicated topic through different aspects. This assignment will try to give a description of key findings from literatures in this field which will mainly focus on two of the most influential approaches: Gardners motivation theory and self-determination theory (Deci Ryan,1985, 2002). And then I will present a brief critique on an empirical research which was worked by Lucas etal (2010) A Study on the Intrinsic Motivation Factors in Second Language Learning Among Selected Freshman Students. This study had found that à ¢Ã¢â€š ¬Ã‚ ¦.At last, I will examine that this research is helpful in understanding second language learning and teaching from my personal experience. Key Findings in this research According to Zoltan Dornyei (2005), second language learning motivation research has gone through three phrases: The social psychology period, the cognitive-situated period, and the processed-oriented period. In these three different periods, it could be found that social psychologist Gardener and his colleagues made the great contribution to their theory about integrative motivation and instrumental motivation. They indicated that second language learning is different from learning other subjects. Because it could be seen that it shows ones personal disposition and identity. For example, learning English has been a fevour for many years in China. People learn it may be in order to pass the various examinations or to communicate with westerners freely. The former one could be instrumental motivation, alternatively, the later on could be seen as integrative motivation. Integrative motivation and instrumental motivation During the social psychology period, Integrative motivation and instrumental motivation has played a influential role.The definition of integrative motivation given by Gardner and Lambert is that learning a second language is an interest to communicate with other communities which is a way to acknowledge to their people and culture. Relatively, instrumental motivation is somehow a desire to learn a second language so as to get a job opportunity or fulfill a credit points in study. The following research later on found that integrative motivation and language learning success had positive relationship at different aspects. (Clement, 1980; Gardner, 1985, 2000; Gardner, Day,MacIntvre, 1992; GardnerLambert, 1972; GardnerMacIntvre, 1991, 1993; Gardner, Tremblav,Masgoret, 1997; Masgoret Gardner, 2003). For instance, Gardner and Lambert (1972) identified that the students in French courses. They studied how their integrative motivation and instrumental motivation functioned when they learning. They found that integrative motivation played an imortant role in successful learning French. Further evidence were given by Gardner, Tremblay, and Masgoret(1997) which support the point of view. During their research, participants did multiple choice test, a doze test, a vocabulary test, a composition and grades in French who had been measured by one hundred items. Important relationship was found between integrative motivation and each second language learning achievement. Examination given by Ely (1986) studied that to what extent the integrative and instrumental motivation theory could describe motivation of learning Spanish for freshmen in one university. He indicated that validity and the significance of Gardners theory. And then Ramage (1990) identified a group of students motivation in learning French or Spanish when they finished the second year of high school studying. She also investigated their desire to keep on learning French or Spanish. She confirmed that there was a positive relationship between in interest toward the second Language culture and the willingness to continue learning French or Spanish. As it has been mentioned above, the definition of integrativeness plays a key role in Gardner and Lamberts (Gardner, 1985, 2000; GardnerLambert, 1972) dominant conceptual framework of second language learning motivation. Other researchers, inspired by this theory had made a great numbers of empirical studies from various aspects (e.g., Clement, 1980; Clement, Dornyei,Noels, 1994; ClementKruidenier, 1985; Dornyei, 1990, 1994a; DornyeiKormos, 2000; Gardner, Day,MacIntyme, 1992; Gardner, Lalonde, Moorcroft, 1985; GardnerMacI.., 1991; Schumann, 1986). To some extend, it could say that these studies supplement and enrich the understanding of relationship between second language motivation and its attitudes toward culture. It has been found a positive view for second language learners who want to integrate other communities and get contact with people. Yet, as a enigma, integrativeness has still existing difficulties for the researchers to define its nature. Gardners (2001) said that the t erm is used frequently in the literature, though close inspection will reveal that it has slightly different meanings to many different individuals (p. 1). Further studies has still be needed. Intrinsic and Extrinsic Motivation When it turns into cognitive-situated period, Self- determination theory which proposed by Deci and Ryan provides two kinds of motivation. Intrinsic interest focous on the activity for its own sake. On the other hand, extrinsic interest based on the rewards such as points, candies, compliments, money, test scores, or grades. However, These two types of motivation are not absolutely dichotomy. It could define that intrinsic motivation (IM) is a motivation which emphasize the enjoyment of engaging in activity. Ryan and Deci(1985) suggested that the nature needs for competence and self-determination is rooted in intrinsic motivation. Whats more, they supposed that people will choose to engage to an activity which is according to their propensities. Because the degree of the activity could rise. And then with challenging those difficulties, learners will realize a sense of competence in their abilities. However, the precondition is that they could be given free opportunities to choose. Ryan and Decis (2000) hypothesis cited in Lucas etal (2010: 6) stated that no single phenomenon reflects the positive potential of human nature as much as intrinsic motivation ¼Ã…’which is defined as the inherent tendency to seek out novelty and challenges, to extend and exercise ones capacities, to explore, and to learn. Developmentalists confirmed that even without rewards, children are active and curious from the time when are born. It is so important for cognitive and social progress and that describe a main source of pleasure in life. Ryan and Deci (2000) posit that no single phenomenon reflects the positive potential of human nature as much as intrinsic motivation ¼Ã…’which is defined as the inherent tendency to seek out novelty and challenges, to extend and exercise ones capacities, to explore, and to learn. Developmentalists acknowledge that from time of birth, children, in their earliest and healthiest states, are active, inquisitive, curious, and playful ¼Ã…’even in the absence of rewards. The whole construct of intrinsic motivation describes this natural inclination toward assimilation, mastery ¼Ã…’spontaneous interest, and exploration that is so essential to cognitive and social development and that represents a principal source of enjoyment throughout life (CsikszentmihalyiRat hund e, 1993; Ryan1995 in Ryan Deci ¼Ã…’2000). Ryan ¼Ã…’Kuhl and Deci (1997) also argued that despite the fact That humans are liberally endowed with intrinsic motivaions, it is clear that the maintenance and enhancement of this inherent propensity requires supportive conditions, as it can be readily disrupted by various non supportive conditions. Thus, their theory of intrinsic motivation does not concern what causes intrinsic motivation ¼Ã…’but rather ¼Ã…’it examines the conditions that elicit and su staff n ¼Ã…’versus subdue and diminish this innate propensity. Thus, Deci and Ryan (1985) presented the Cognitive Evaluation Theory (CET) as a subtheory within SDT self-determination theory that had the aim of specifying factors that explain variability in intrinsic motivation. CET was conceptualized in terms of social and environmental factors That facilitate versus undermine intrinsic motivation, being inherent, will be catalyzed when individuals are in conditions that conduce toward its expression. The study of conditions that facilitate versus undermine intrinsic motivation is an important step in understanding sources of both alienation and liberation of the positive aspects of human nature. Furthermore, CET specifies that feelings of competence will not enhance intrinsic motivation unless accompanied by a sense of autonomy (Fisher ¼Ã…’1978; Ryan ¼Ã…’1982 i n Ryan Deci.2000). To sum ¼Ã…’CET framework suggests that social environments can facilitate or forestall intrinsic motivation by supporting versus thwarting peoples innate psychological needs. Strong links between intrinsic motivation and satisfaction of the needs for autonomy and competence have been demonstrated.It is critical to remember that people will be intrinsically motivated only for activities that hold intrinsic interest for them ¼Ã…’activities that have the appeal of novelty ¼Ã…’challenge, or aesthetic value.(Ryan and Deci 2000) The term extrinsic motivation refers to the performance of an activity in order to attain some separable outcome, and thus, contrasts with intrinsic motivaion ¼Ã…’which refers to doing an activity for the inherent satisfaction of theactivity itself. In contrast to intrinsically motivated behaviors, extrinsic motivation (EM)are those actions carried out to achieve some instrumental end ¼Ã…’such as earning a reward or avoiding a punishment. This type of motivation does not necessarily imply a lack of self-determination in the behaviors performed.Ryan an d Deci (1985) and Vallerand (1987) maintained that different types of extrinsic motivation (EM)could be classified along a continuum according to the extent to which they are internalized into the self- concept (i.e., the extent to which the motivation isself -determined ). Critique on a empirical research The paper focused on intrinsic motivation factors that may help identify what specific L2 communicative skill students are more motivated to learn. The study involved 240 freshman college students from different universities and colleges in Metro Manila. A 48-item questionnaire was administered to the selected respondents. The results of the study showed that students are intrinsically motivated to learn speaking and reading skills and that they are intrinsically motivated via knowledge and accomplishment. These may suggest that students are motivated to learn these linguistic skills due to the very nature of the skills which they find interesting and relevant to them. The mastery of these linguistic skills somehow helps them achieve their learning goals which may bring benefits to them in the future. The study investigated if students are intrinsically motivated to learn L2 communicative skills such as writing, reading, speaking and listening. It also examined the factors of intrinsic motivation that may help determine why and why they are not motivated to learn those macro skills. This study adapted Deci and Ryans (1985) self-determination theory and Vallerands (1997) Academic Motivation Benefits from the research The study puts forward the reality that indeed ¼Ã…’English is a prestigious language and that students will always be interested to learn this language due to the many benefits it may bring. Their bilingual exposure at a very early stage in their lives puts the Filipino young language learner to an advantage over their Asian counterparts. It could be seen that motivation is a key component in second language learning. However, in my teaching experience, I could find some students still could be lowly motivated or even lost motivation in learning English. The reasons for this could be found by the research just discussed above. Lucas etal (2010) generated that teachers are influential in their students motivation towards their own learning competencies. Thus, it is highly important for the second language teachers to improve their own qualification of teaching continuously. Moreover, sufficient preparation for every class is needed. Students always expected to learn as much as possible interesting and helpful skills from teachers instruction. So reasonable design and arrangement of the details of classroom activities could help students achieve their goals. Firstly, factors relating to a class design should be taken into account such as the length of time, the level of students proficiency, the size of the class, teaching equipment and approaches. Secondly, it is possible that unexpected problems could happen in the process of teaching. Therefore, how to change and adapt other ways of teaching should be considered. For example, at different stages, the teachers role could be instructors or friends. Thirdly, during my classroom settings, the procedures often go by the following process: leading in, explaining, practicing and output. It could be said that each steps have their own features. Thus, it is significant to noticing activities adoption, the ways of communication and giving feedback. I found that students could get fulfillment and satisfying from a successful classroom teaching process. Thus, in other words, a teacher with more competence in teaching could help students become more confident in learning. At last, students motivation could be motivated and improve their achievement in second language learning. In addition to intrinsic motivation, extrinsic motivation could also function as a positive role in teaching English. Bilingual exposure in a second language environment could stimulate students extrinsic motivation through different ways. After entering WTO, it has become a heated-topic to learning English. Student extrinsic motivation have been highly strengthened when they found other people were all learning English. Relatively, it could say that if one found the other students have no interest in learning this kind of language, he or she will probably feel the same way. From another aspects, further more, it could also say that parents positive attitude towards English language and cultures of English speaking countries could generate their childrens extrinsic motivation toward English learning . Conversely, parents negative attitude could result their lack of learning . 4 how to stimulate students motivation During teaching process, teachers could combine the teaching materials and specific classroom settings to help students to establish a conducive learning motivation, for example, to develop learners interest in learning the language and its culture. At the same time, it is helpful if students could to change their attitudes toward learning second language. At last, they could turn their extrinsic motivation into extrinsic motivation. 4.1 to provide a good classroom environment The classroom environment is very important to language teaching. As Gardner (1981) stated that we can not actually teach students a foreign language, but only to create a suitable language learning environment for students. Good classroom atmosphere could not only make students learning actively and enhance their motivation but also could greatly improve their ability to learn. Psychological research shows that studying in a relative relax and joyful environment could maintain fine mental state and enhance ones memory. Furthermore, it is helpful for letting students thinking creatively and find their potential abilities. Conversely, if the classroom environment is tedious, the state of students learning could be poor. Consequently, negative attitudes toward learning could appear which will weaken the motivation, learning effect will not be guaranteed. In addition, the establishment of the communicative environment is also very important for teachers. It is very likely to stimulated students second language learning motivation by providing their opportunities to use language in an authentic environment. Therefore teachers should as much as possible to try to create communication opportunities and harmonious environment to improve students motivation to learn. Inspire students learning motivation through classroom activities. It could be seen that providing students successful learning experience and cultivating their intrisinc interest in activities could achieve the aim of improve students learning motivation in second language learning. there are part of students who have not been inspired by extrinsic or intrinsinc motivation in the classroom settings. For them, targeted activities could be important. Because they could find their learning interest during the participation of various and useful activities. It could say that offering opportunities for students with experience of success by designing suitable actives is a key role in second language learning achievement. 4.3 helping students to establish learning goals Learning objectives could be divided into long-term goals and short-term goals. Long-term goals could relatively ensure learners learning behavior to keep a longer time. Alternatively, achievement of the short-term goals could give students the fulfillment of learning experience, so that students can have a strong learning motivation. Therefore, according to learners different levels of learning, teacher could help students to establish specific long-term goals and short-term goals. Whats more, Long-term goals should have high standards and short-term goals must be feasible. 4.4 understand the students learning needs It is significant for language teachers to understand students learning needs so as to instruct them what they want to learn. Because it is a useful way to arouses students study enthusiasm, and cultivate their interest in learning by fulfill their thirst for knowledge. Conclusion So far, second language learning motivation is still a complicated topic which has many aspects waiting for further study It is has been widely accepted that motivation plays a very significant role in second language learning achievement. The reason for some students learning poorly mainly is that they do not have highly motivation. Motivational strategies for second language learning is important . it is obvious that teacher could not create students extrinsic motivation, but teachers attitudes towards second language and its culture could have a great effect on its development. Activities in the classroom could cultivate students intrinsic motivation. .

Masters of Disguise :: essays research papers

Finding good day care can certainly pose a problem these days, unless, of course, you're an African widow bird. When it comes time for a female widow bird to lay her eggs, she simply locates the nest of a nearby Estrildid finch and surreptitiously drops the eggs inside. That's the last the widow bird ever sees of her offspring. But not to worry, because the Estrildid finch will take devoted care of the abandoned birds as if they were her own. And who's to tell the difference? Though adult widow birds and Estrildid finches don't look at all alike, their eggs do. Not only that, baby widow birds are dead ringers for Estrildid finch chicks, both having the same colouration and markings. They even act and sound the same, thus ensuring that the widow bird nestlings can grow up among their alien nestmates with no risk of being rejected by their foster parents. MASTERS OF DISGUISE Things aren't always as they seem, and nowhere is this more true than in nature, where dozens of animals (and plants) spend their time masquerading as others. So clever are their disguises that you've probably never known you were being fooled by spiders impersonating ants, squirrels that look like shrews, worms copying sea anemones, and roaches imitating ladybugs. There are even animals that look like themselves, which can also be a form of impersonation. The phenomenon of mimicry, as it's called by biologists, was first noted in the mid-1800s by an English naturalist, Henry W. Bates. Watching butterflies in the forests of Brazil, Bates discovered that many members of the Peridae butterfly family did not look anything like their closest relatives. Instead they bore a striking resemblance to members of the Heliconiidae butterfly family. Upon closer inspection, Bates found that there was a major advantage in mimicking the Heliconiids. Fragile, slow-moving and brightly coloured, the Heliconiids are ideal targets for insectivorous birds. Yet, birds never touch them because they taste so bad. Imagine that you're a delicious morsel of butterfly. Wouldn't it be smart to mimic the appearance of an unpalatable Heliconiid so that no bird would bother you either? That's what Bates concluded was happening in the Brazilian jungle among the Pieridae. Today, the imitation of an inedible species by an edible one is called Batesian mimicry. Since Bates' time, scientists have unmasked hundreds of cases of mimicry in nature. It hasn't always been an easy job, either, as when an animal mimics not one, but several other species. In one species of butterfly common in India and Sri Lanka, the female appears in no less than three versions. One type resembles the male while the others resemble two entirely different species of inedible butterflies. Butterflies don't "choose" to mimic other butterflies in the same Masters of Disguise :: essays research papers Finding good day care can certainly pose a problem these days, unless, of course, you're an African widow bird. When it comes time for a female widow bird to lay her eggs, she simply locates the nest of a nearby Estrildid finch and surreptitiously drops the eggs inside. That's the last the widow bird ever sees of her offspring. But not to worry, because the Estrildid finch will take devoted care of the abandoned birds as if they were her own. And who's to tell the difference? Though adult widow birds and Estrildid finches don't look at all alike, their eggs do. Not only that, baby widow birds are dead ringers for Estrildid finch chicks, both having the same colouration and markings. They even act and sound the same, thus ensuring that the widow bird nestlings can grow up among their alien nestmates with no risk of being rejected by their foster parents. MASTERS OF DISGUISE Things aren't always as they seem, and nowhere is this more true than in nature, where dozens of animals (and plants) spend their time masquerading as others. So clever are their disguises that you've probably never known you were being fooled by spiders impersonating ants, squirrels that look like shrews, worms copying sea anemones, and roaches imitating ladybugs. There are even animals that look like themselves, which can also be a form of impersonation. The phenomenon of mimicry, as it's called by biologists, was first noted in the mid-1800s by an English naturalist, Henry W. Bates. Watching butterflies in the forests of Brazil, Bates discovered that many members of the Peridae butterfly family did not look anything like their closest relatives. Instead they bore a striking resemblance to members of the Heliconiidae butterfly family. Upon closer inspection, Bates found that there was a major advantage in mimicking the Heliconiids. Fragile, slow-moving and brightly coloured, the Heliconiids are ideal targets for insectivorous birds. Yet, birds never touch them because they taste so bad. Imagine that you're a delicious morsel of butterfly. Wouldn't it be smart to mimic the appearance of an unpalatable Heliconiid so that no bird would bother you either? That's what Bates concluded was happening in the Brazilian jungle among the Pieridae. Today, the imitation of an inedible species by an edible one is called Batesian mimicry. Since Bates' time, scientists have unmasked hundreds of cases of mimicry in nature. It hasn't always been an easy job, either, as when an animal mimics not one, but several other species. In one species of butterfly common in India and Sri Lanka, the female appears in no less than three versions. One type resembles the male while the others resemble two entirely different species of inedible butterflies. Butterflies don't "choose" to mimic other butterflies in the same

Reseach Workoholics Essay

Is a 40-hour work week too much? Should there be a mandatory cap on the number of hours a person can work? Should there be changes in employment laws to give Americans more relaxation time? A workaholic definition is a noun a person who compulsively works hard and long hours. But the definition in a workaholics eyes is a person who â€Å"values work over any other activity†, according to careercast.com. Merriam-webster.com says it’s a â€Å"compulsive worker†Ã¢â‚¬ ¦ (Productivity) The reasons for someone to become a workaholic are some people don’t feel their lives are fulfilled unless they’re engaged in constructive activities. The more they work, the happier they are. It’s addictive. Where in the world can they be productive and reap the rewards of their labor but at their job? Workaholics can’t be idle. They need to be constantly working. Proving their value Children who were raised in dysfunctional families, or by perfectionist parents, and were made to feel like their best was never good enough can grow up to be workaholics. Spending their adult lives immersed in their work is a way for them to constantly prove themselves and their worth. Escaping problems and negative feelings another reason why people become workaholics is because they lack a sense of control in their lives. They have problems at home they can’t fix, or they don’t want to deal with, for example. Being at work all the time allows them to escape painful, negative feelings. It also gives them a sense of control they can’t find otherwise. Adrenaline rush working non-stop provides an adrenaline rush to some people. Being extremely busy, rushing to meet unrealistic goals, and pushing themselves beyond their limits gives them that intense feeling they crave. That same adrenaline rush- the increased heart rate, the burst of energy, the heightening of their senses- comes from roller coaster rides and other thrilling activities. In 1965, a U.S. Senate subcommittee predicted that as a result of increasing labor productivity from automation and â€Å"cybernation† in other words, the computer revolution. Americans would be working only about 20 hours a week by the year 2000, while taking seven weeks or more of vacation a year. By the mid-1970s, and especially after 1980, median wages weren’t keeping pace with increases in our capacity to produce. But flattening incomes didn’t derail the consumption train. Americans continued to buy more, in part by going deeper into debt, by having more members of the family enter the workforce and by working additional overtime. By the boom times of the late 1990s, Americans worked more than the notoriously workaholic Japanese. To answer the question of limiting the number of hours you can work I think we would have a happier and healthier society if we worked a little less. As of right now, some jobs require a lot of time and energy. Legalizing mandating the number of hours worked is an interesting idea. It would see a drop in stress levels, more family time and participation and healthier workers. This probably wouldn’t make too many people happy at first, though, and it would take some getting used to. It is a way to raise healthier families and having less levels of stress that are exhibited in really tough jobs, like ER doctors and nurses, and other highly stressful occupations. American work-life balance according to the Center for American Progress on the topic of work and family life balance, â€Å"in 1960, only 20 percent of mothers worked. Today, 70 percent of American children live in households where all adults are employed.† I don’t care who stays home and who works in terms of gender (work opportunity equality for all – it’s a family choice). Either way, when all adults are working (single or with a partner), that’s a huge hit to the American family and free-time in the American household. The U.S. is the ONLY country in the Americas without a national paid parental leave benefit. The average is over 12 weeks of paid leave anywhere other than Europe and over 20 weeks in Europe. Zero industrialized nations are without a mandatory option for new parents to take parental leave. That is, except for the United States. Let’s say someone make $60k/year. Excluding benefits, employee taxes, etc., let’s consider this equivalent to $30/hour. ($30/hour x 40 hours x 50 weeks = $60k). Now they want to figure out the hourly number that he/she use to decide if it’s worth it to do something. For example, if he/she owe a fine on something he/she don’t think they should owe, but it’s only a $5 fine, it’s not worth spending an hour ($30) to contest it. BUT, it’s not clear to me if he/she should use $30/hour for this number, because I’m only working 8 hours/day. Like, if someone is willing to pay me for 40 hours/week at $30/hour, presumably he/she could get one or two more such jobs. Or should she/he divide that by 3 to get $10/hour because really for every 24 hours, they’re only â€Å"able† to earn $30/hour for a third of them? Because some of these activities he/she would be doing in my off-hours (e.g., they’d have to dispute that fine after work). Or is it something in between?

Public company of electronic media

CompanyCompany may be defined as a voluntary association of individuals. It is an association of persons formed for some common intent but chiefly it is a voluntary association of individual. It has capital divisible into parts, known as portions. At the same clip it is an unreal individual created by a procedure of jurisprudence. It has a ageless sequence and a common seal. It exists merely in contemplation of jurisprudence ; i.e.it is regarded by the jurisprudence as a individual, merely as a homo. On incorporation of a company becomes a organic structure corporate or corporation with a ageless sequence and a common seal. It besides acquires a personality distinct from its members.Features Of A Company1. Separate legal entity 2. Limited liability 3. Ageless sequence 4. Common seal 5. Transferability of portions 6. Separate belongings 7. Capacity to actionElectronic MediaIt is media that uses electronics or electromechanical energy for the terminal user ( audience ) to entree the content. This is in contrast to inactive media ( chiefly print media ) , which are most frequently created electronically, but do n't necessitate electronics to be accessed by the terminal user in the printed signifier. Most new media are in the signifier of digital media. However, electronic media may be in either parallel or digital format. Although the term is normally associated with content recorded on a storage medium, recordings are non required for unrecorded broadcast medium and on-line networking. Any equipment used in the electronic communicating procedure ( e.g. telecasting, wireless, telephone, desktop computing machine, game console, hand-held device ) may besides be considered electronic media.Incorporation Of CompanyBefore a company is formed, certain preliminary determinations are necessary, for illustration, whether it should be a private company or a public company, what its capital should be, and whether it is worthwhile organizing a new company or pickings over the concern of an already established concern. All these determinations are taken by certain individuals known as â€Å"promoters† . They do the full necessary preliminary work minor expense to the formation of the company.Public Ltd CompanyA Public Limited Company is a Company limited by portions in which there is no limitation on the maximal figure of stockholders, transportation of portions and credence of public sedimentations. The liability of each stockholder is limited to the extent of the unpaid sum of the portions face value and the premium thereon in regard of the portions held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimal figure of stockholders is 7. It has a minimal paid-up capital of Rs 5 hundred thousand or such higher paid up capital, as may be prescribed. Every public company, bing on the beginning of the Companies ( Amendment ) Act, 2000, with a paid-up capital of less than Rs. 5, 00,000 shall, within a period of two old ages from such beginning, heighten its paid-up capital to Rs.5,00,000.Get downing A New Public Ltd CompanyBefore stepping in the concern universe & A ; get downing up a new concern i.e. a new public Ltd company, we must believe a name of the company which co-relate the work of the company and be easy grasped in the head of the people. As we are get downing a new public Ltd Company of electronic media i.e. Television & A ; computing machine fabrication company and the name of the company to be registered will be Protechno media ltd company.Name-Approval For The Proposed CompanyThe process for obtaining the name blessing for the proposed company is that an application in Form No. 1A demands to be filed with the Registrar of Companies ( ROC ) of the province in which the Registered Office of the proposed Company is to be situated. The application is required to be signed by one of the boosters. The inside informations of the application are as follows: 1. Four alternate names for the proposed company. ( The name can be coined names from the objects of the proposed company or the names of the managers, etc. but should decidedly be declarative of the chief object of the company. Justification for the name needs to be specified along with the application ) . 2. Name callings and references of the boosters ( Minimal 7 for a public company while 2 for private company ) . 3. Authorized Capital of the proposed company. 4. Main objects of the proposed company.Documents Required To Be Executed For IncorporationFollowing are the paperss require for acquiring the certification of incorporation or registering the company with registrar†¦ †¦ †¦ .. MOA and AOA are required which is to be executed by the boosters in the presence of a informant in saying their full name, male parent ‘s name, residential reference, business, figure of portions subscribed for, etc. 1. Form No. 1 – This is to be to be executed on a non-judicial stamp paper of INR 20 by managers of the proposed company or by other individuals such as Advocates saying that all the demands of the incorporation have been complied with. 2. Form No. 18 – This signifier contains information about the registered office of the proposed company. 3. Form No. 29 – This is a consent obtained from all the proposed managers of the proposed company to move as managers of the proposed company. ( Not required in instance of private company ) . 4. Form No. 32 – This signifier shows the fact of assignment of the proposed managers as the board of managers. 5. Name blessing missive in original. 6. Power of Attorney signed by all the endorsers of MOA authorising one of the endorsers or any other individual to move on their behalf for the intent of incorporation and accepting the certification of incorporation. 7. Power of Attorney in instance of a endorser who has appointed another individual to subscribe the MOA on his behalf. Filing fees as may be applicable.This Form Is Filled For Checking The Availability Of NameFORM 1A Application signifier for handiness or alteration of name [ Pursuant to segment 20 and 21of the Companies Act, 1956 ] Note – All Fieldss marked in*are to be compulsorily filled. 1. *Application for integrating a new company altering the name of an bing company Part A: Handiness of name 2 ( a ) . *Name of applicant Prankur Rastogi ( B ) *Occupation Businessman ( degree Celsius ) . *Address Line I Phagwara, Jalandhar Line II Punjab ( vitamin D ) . *City Jalandhar ( vitamin E ) . *State Punjab ( degree Fahrenheit ) . *Country India ( g ) . *Pin codification 144402 ( H ) . *e-mail prankurrastogi @ gmail.com ( I ) . Phone 9569231524 ( J ) . Fax 09534267447782 3. Name callings of boosters * ( I ) Name of promoter†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Prankur Rastogi * ( two ) Name of promoter†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pawan Rastogi * ( three ) Name of promoter†¦Ã¢â‚¬ ¦..Rajesh Dubey 4. *Name of the province in which the proposed company is to be registered Punjab 5. *Name of the Registrar of Companies in which the proposed company is to be registered†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Mr Y B Singh 6. *State whether the proposed company is public or private Public 7. * proposed name of company ( at least 6 proposed names ) a. Fanko electro ltd B. Rigs electro-media ltd c. Protechno Media Ltd Company d. Agnis electro ltd e. Jippo electro ltd f. Retro electro media After make fulling the application for handiness of name ROC will assign the name within three hebdomads of application submission†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. The ROC will look into for the handiness of name and inform the individual who has filled the application†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ . Name Protechno Media Ltd Company is available and is allotted. This is to be to be executed on a non-judicial stamp paper of INR 20 by managers of the proposed company or by other individuals such as Advocates saying that all the demands of the incorporation have been complied with. FORM NO. 1 Registration No Of Company -1090 Nominal Capital- : Rs. 2,00,00,000.00 THE COMPANIES ACT, 1956 Declaration of conformity with the demands of the Companies Act, 1956 on application for enrollment of a company [ Pursuant to subdivision 33 ( 2 ) ] Name of Company Protechno Media Limited/Private Limited Presented by Protechnicals group I Prankur Rastogi of Protechnicals Group do solemnly and unfeignedly declare that I am [ 1 ] Promoter who is engaged in the formation of the company, or a individual named in the articles as a director/manager/secretary of the†¦ †¦ †¦ †¦ Protechno Media Limited/Private Limited. And that all the demands of the Companies Act, 1956, and the regulations at that place under in regard of affairs precedent to the enrollment of the said company and incidental thereto have been complied with. And do this solemn declaration scrupulously believing the same to be true. This signifier contains information about the registered office of the proposed company. FORM NO. 18 Registration No. of the Company1090 Nominal Capital: Rs2,50,00,000 THE COMPANIES ACT, 1956 Notice of the situation/change of state of affairs of registered office [ Pursuant to segment 146 ] Name of the company – Protechno Media Ltd Company Notice is herewith given that — — 1. ( a ) the registered office of the company is situated in Jalandhar ( Punjab ) .with consequence from [ day of the month ] 20.11.09 ( B ) The state of affairs of the registered office of the company of was changed from to with consequence from [ day of the month ] 2. Situation of registered office falls under the legal power of Jalandhar ( name of the constabulary station ) . * Dated this thirtieth Day of Nov 2009 Signature Prankur Rastogi Name PRANKUR RASTOGI ( In Block Capitals ) Appellation Chairman *State reference of close constabulary station with territory and tehsil. This is a consent obtained from all the proposed managers of the proposed company to move as managers of the proposed company. FORM NO 29 Registration No. of Company..1090†¦ †¦ †¦ †¦ †¦ Nominal Capital Rs.2,50,00,000†¦ †¦ †¦ THE COMPANIES ACT, 1956 Consent to move as manager of a company and/or set abouting to take and pay for making portions [ Pursuant to subdivision 264 ( 2 ) /266 ( I ) ( a ) and 266 ( 1 ) ( B ) ( three ) ] Name of company Protechno Media Limited Presented by†¦ . Protechnicals Group†¦ †¦ †¦ †¦ . To the Registrar of Companies†¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ Jalandhar†¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ . I, the undersigned, herewith attest my consent to move as manager of the†¦ Protechno Media Limited†¦ Pursuant to subdivision 264 ( 2 ) /266 ( 1 ) ( a ) of the Companies Act, 1956 and attest that I have non been disqualified to move as a manager under subdivisions 267 and/or 274 of the Companies Act, 1956. I, the undersigned holding consented to move as manager of the.Protechno Media Limited, besides herewith undertake to take from the said company and wage for..5000†¦ .. portions of Rs.20†¦ †¦ Each, being the number/value of the portions prescribed as the making portions for the office of manager of the said company. Name and family name in full and male parent ‘s names Address Occupation Date of birth Nationality Signature 1 2 3 4 5 6 Prankur Rastogi s/o Pawan Rastogi businessman 04-04-88 Indian Prankur Rastogi Signature Dated the†¦ †¦ †¦ .20th of†¦ .Nov†¦ †¦ †¦ †¦ †¦ . 2009†¦ Prankur Rastogi†¦ Designation Chairman This signifier shows the fact of assignment of the proposed managers as the board of managers FORM NO. 32 Registration No. of Company.1090†¦ †¦ †¦ †¦ . Nominal Capital Rs.25000000†¦ †¦ †¦ .. THE COMPANIES ACT, 1956 Particulars of assignment of managers and director and alterations among them [ Pursuant to subdivision 303 ( 2 ) ] Name of Company†¦ †¦ . Protechno Media Ltd Company Presented by†¦ †¦ . Prankur Rastogi Note: — – If a company has no specifics to be included in one or two of the headers ‘A ‘ ‘B ‘ and ‘C ‘ the parts incorporating those headers ( in regard of which the company has no specifics to be included ) need non be filed. A. Appointment of and alterations among managers. Name or names and family name in full Father's/ hubby ‘s name Usual residential reference Nationality Date of appointme National Trust or alteration Brief specifics of alterations 1 2 3 4 5 6 Notes: ( 1 ) A note of alterations should be made in column 6 e.g. by infixing against the name of new manager, etc. the words â€Å"in topographic point of†¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ and by bespeaking against the name of the former manager, the cause for the alteration, e.g. by decease, surrender, retirement by rotary motion, disqualification etc. ( 2 ) In instance of pull offing manager, his appellation should be stated with his name in columan1. B. [ *** ] C. Appointment of and alterations in director ship and secretary ship. Name or names and family name in full Father's/ hubby ‘s name Usual residential reference Nationality Date of appointme National Trust or alteration Brief specifics of alterations 1 2 3 4 5 6 Dated the†¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ twenty-four hours of†¦ †¦ †¦ †¦ ..19 Signature†¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ .. Appellation†¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ †¦ .. Notes: ( 1 ) For the intents of this signifier, specifics of a individual appointed as director within the significance of subdivision 2 ( 24 ) of the Companies Act, 1956 demand be given. ( 2 ) A note of alteration as besides the cause of alteration e.g. , by decease, surrender, remotion, disqualification, etc. should be stated in column 6. Memorandum of Association ( MOA ) and the Articles ofAssociation ( AOA ) Of A CompanyNow on reception of the name blessing missive from the ROC the MOA and the AOA are required to be drafted. The MOA states the chief, accessory / subordinate and other objects of the proposed company. The AOA contains the regulations and processs for the everyday behavior of the proposed company. It besides provinces the authorised portion capital of the proposed company and the names of its first / lasting managers. After that the MOA and AOA are required to be stamped and a cast responsibility based on the authorized portion capital is to be paid.Contentss Of MemorandumThe name of the company. The province in which the registered office of the company is to be situated. Limited liability. Share capital. Object of the company A public company has the option of ask foring the populace for subscription to its portion capital. Consequently, the company has to publish a prospectus, which provides information about the company to possible investors. The Companies Act specifies the information to be contained in the prospectus. Articles of association- The articles of association or merely articles are the regulations, ordinances for the internal direction of the personal businesss of the company. They are framed with the object of transporting out the purposes and object as out in the memoranda of association. The articles are following in importance to the memoranda of association which contains the cardinal conditions upon which entirely a company is allowed to be incorporated. They are as such subsidiary to, and controlled by the memoranda. Contentss of articles- It contains commissariats associating to the undermentioned affairs. Share capital. Lien on portions. Calls on portions. Transportations of portions. Transmissions of portions. Conversions of portions in to stock. Shares warrants. Change of capital. General meetings. Directors and secretary. Dividends and militias. Capitalization of net incomes. The Articles of Association contain the regulations and ordinances of the company for the direction of its internal personal businesss. While the Memorandum specifies the aims and intents for which the Company has been formed, the Articles lay down the regulations and ordinances for accomplishing those aims and intents.The Certificate Of IncorporationAfter the paperss in FAQ 5 are filed, the ROC calls the lawyer on a specific day of the month for examination and doing the corrections in the MOA and AOA filed. On following with the same, the certification of incorporation is granted to the lawyer. When the requite papers are filed with the registrar, the registrar satisfy himself that the statutory demands sing enrollment have been punctually complied. After this a certification of incorporation given by the registrar in regard of a company is conclusive grounds that all the demands of the companies act have been compiled with in regard of enrollment. After the duly stamped Memorandum of Association and Articles of Association, paperss and signifiers are filed and the filing fees are paid, the ROC scrutinizes the paperss and, if necessary, instructs the authorised individual to do necessary corrections. Thereafter, a Certificate of Incorporation is issued by the ROC, from which day of the month the company comes in to existence. It takes one to two hebdomads from the day of the month of registering Memorandum of Association and Articles of Association to have a Certificate of Incorporation. Although a private company can get down concern instantly after having the certification of incorporation, a public company can non make so until it obtains a Certificate of Commencement of Business from the ROC.Document To Be Filled With The Registrar:The documents/forms stated below are filed along with Memorandum of Association and Articles of Association on payment of filing fees ( depending on the authorised capital of the company ) : Declaration of conformity, punctually stamped Notice of the state of affairs of the registered office of the company Particulars of Directors, Manager or Secretary Authority executed on a non-judicial cast paper, in favor of one of the endorsers to the Memorandum of Association or any other individual authorising him to register the paperss and documents for enrollment and to do necessary corrections, if any The ROC ‘s missive ( in master ) bespeaking the handiness of the name. Before the advertisement company is registered, it is indispensable to determine from the registrar of companies and if the proposed name of the company is approved so the undermentioned paperss punctually stamped together with the necessary fees are to be filed with the registrar. The memoranda of association. The article of association. The understanding. Declaration. When a company is registered and a certification of incorporation is issued by the registrar the company becomes a distinguishable legal entity, its life commences from the day of the month mentioned in the certification of incorporation. And the company requires a ageless sequence. The member may come and travel, but it goes on forever, unless it is wound up. A public limited electronic media company has to be obtained certification to commence concern before it can get down concern.Tax Registration-Businesss apt for income revenue enhancement must obtain a revenue enhancement designation card and figure [ known as Permanent Account Number ( PAN ) ] from the Revenue Department. In add-on to this, concerns apt to keep back revenue enhancement must needfully obtain a Tax Deduction Account Number ( TAN ) . Both the PAN and the TAN must be indicated on all the returns, paperss and correspondence filed with the Revenue Department. The PAN is besides required to be stated in assorted other paperss such as the paperss refering to sale or purchase of any immoveable belongings ( transcending Rs. five hundred thousand ) , sale or purchase of a motor vehicle, clip sedimentation ( transcending Rs. 5 hundred thousand ) , contract for sale or purchase of securities ( transcending Rs. 10 hundred thousand ) , to call a few Filing Registering/Approving Authority One transcript has to be submitted along with a forwarding missive addressed to the concerned Registrar of Companies.Enclosures-The declaration must be submitted with the undermentioned annexure. Document attesting payment of fee. Memorandum and Articles of Association. Transcript of understanding if any, which the proposed company wishes to come in into with any person for assignment as its managing or whole-time manager or director Power of Attorney from endorsers. Letter from Registrar of Companies doing names available. No expostulation letters from directors/promoters. Needed fees must be either in hard currency or demandCompany Get downing Business OperationssAfter having the certification of incorporation, the public company has to finish certain other legal formalities such as a statutory meeting ( within 6 months ) , statutory study, etc. On completion of the said formalities and on filing of the statutory study with the ROC the ROC issues the enfranchisement of beginning of concern to the company. Thereafter, the Public Company can get down the concern operations. The Private Company can get down its concern instantly on incorporation. Certificate of incorporation Form 1 No 55-009877 of 2009-10 I hear by certify that †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Protechno Media Limited†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦is this twenty-four hours incorporated under The companies act 1956 ( NO 1 of 1956 ) and that the company is limited Given under my manus at†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Jalandhar†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦this twenty-four hours †¦ †¦ †¦ .day of 20†¦ . 09 SD/- Mr.Y.B.Singh Registrar of Companies Jalandhar, Punjab This was the certification issued by the registrar of companies for the incorporation of company Certificate of beginning of concern [ Pursuant to subdivision 149 ( 3 ) of companies act 1956 ] I hear by certify that the †¦ †¦ . Protechno Media ltd†¦Ã¢â‚¬ ¦ . which was incorporated under The companies act of 1956†¦Ã¢â‚¬ ¦.on the thirtieth twenty-four hours of November 2009 And which has punctually verified declaration in the prescribed signifier that the conditions have been compiled with is compiled to get down the concern Given under my manus at†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Jalandhar†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦this †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7th†¦ .day of November 2009. SD/- Mr Sohan Singh Asst Registrar of Companies Jalandhar, PunjabContractsMy company i.e. Protechno media ltd, a fabrication company has contracted with two companies in which 1 is an advertisement company for the advertizement of the merchandises and secondly with a computing machine fabrication limited company. The first contract is with High Ad ltd Company owned by Sarpreet Kaur as one of the Board of Member. We have contracted for Rs 5, 00,000 for the advertizement of our company and our merchandises like TVs, LCDs and Computer french friess etc. The other contract is with Infojets ltd of Heramb Agrawal for Rs 10, 00, 000 as their company needs LCDs for their company from our company. All the indispensable elements for a contract and the footings & A ; conditions are fulfilled and are lawfully enforced by jurisprudence.Weaving Up Of The CompanyIf the members of the company are reduced below the minimal no. of members in the company, it is traveling to be wound up by the tribunal. It is a compulsory weaving up of a company. For this the Registrar presents a request for weaving up of the company. Now after that the tribunal will take any action against the company on hearing request as it canDismiss it, with or without cost.Adjourn the hearing conditionally or unconditionallyMake an interim order that it thinks tantrumMake an order for weaving up the companyConsequences of weaving up by the tribunalO Intimation to official Liquidator and RegistrarO Copy of weaving up order to be filed with the registrarO Suits stayedO Court addition legal power to entertain1. Any suit against the company 2. Any claim made by or against the company 3. Any application made under sec.391 for via media with creditors and/or members 4. Any inquiry of precedences which may originate in class of the weaving up of the companyMentionsMercantile Law -by N D Kapoor hypertext transfer protocol: //www.sethassociates.com hypertext transfer protocol: //www.articlesbase.com/patents-articles/company-incorporation-the- procedure-for-incorporating-a-company-in-india-1390673.html