Center suggests states to follow Kerala’s free school uniform distribution scheme The Center has advised the state governments to follow Kerala of offering free school uniforms to the school goers. Industry minister E P Jayarajan said that union textile ministry has written to the state for the above-said initiative. Also, the center has asked the handloom directorates to look for the possibilities of offering uniform to school students free of cost yearly. Union Textile ministry has said that Kerala has offered jobs and maximum wages for the betterment of the weavers through the successful implementation of the above-said initiative by the state government. The minister added that it would offer proper wages to the weavers. As per the report given by National Institute of Fashion Technology that by offering free uniforms under the scheme to the school students has helped uplift the livelihood of the weavers of Kerala. Also, the details of the report have been given with the letters that have been forwarded to the state, as said by Jayarajan. Jayarajan further added that the scheme initiative has helped…
Launch of Telangana Govt. KCR Apathbandhu Ambulance Scheme 2020-21 for unemployed candidates The Telangana Govt. KCR Apathbandhu Ambulance Scheme 2020-21 has been initiated by the Telangana government, aiming for unemployed youth belonging to the backward class of the society. In this, the youth will be granted financial help under BC Corporation. The decision of the scheme has been finalized by the BC Welfare Ministry in a meeting held on 28th February at the BC Welfare Bhavan. Under the above-said scheme, 5 unemployed youth will make up a group that will operate as an ambulance. For this, the state government is planning to launch this scheme as a major and pilot project. As per the rules of the scheme, one KCR Apathbandhu ambulance will be given to each district in the state. Apart from this benefit, the scheme will help offer employment to the jobless youth of the state. Details of KCR Apathbandhu Ambulance Scheme 2020 Unemployment is an increasing problem in India, and to curb the problem, the Telangana government has come up with the plans of the above-said scheme.…
Details of YSR Kapari Bandhu Andhra Pradesh chief minister YS Jagan Mohan Reddy is coming up with welfare schemes in the state, and one of them will be implemented under the YSR Kapari Bandhu scheme. Through this, it can offer financial help to the shepherd community. Eventually, it will result in the economic empowerment of the state. As per the scheme guidelines, every shepherd will be given financial help to buy 20 sheep along with a goat. It is further stated the new scheme to come will be implemented under the supervision of National Cooperative Development Corporation as per official sources. Adding to this, the government shall offer a subsidy to 30 percent of the loan required for purchasing units. In this regard, the state government shall provide rupees with 1.5 lakhs for the successful implementation of the scheme. The main focus of the above-said scheme is to cover up benefits for almost 50 thousand people for a term of four years. In this relation, officials have said to offer rupees 200 crores for the fast development of the scheme.…
Free Market Milton Friedman was a staunch supporter of the free market (Esposito & Finley, 2012, p.6). According to him, the most important social responsibility of any business is to engage in activities whose ultimate goal is to maximize profits. Still, the activities ought to be guided by the rules and regulations of the market. The rules, in this case, being the open and free competition that is not built on exploitation. According to Friedman and indeed other economists such as Adam Smith and Keynes, whom Friedman borrows heavily from, corporate workers and leaders in the labour sector should be guided by the principles and nature of a free market. Labour unions’ leaders have a responsibility to the union in advocating for interests that surpass their interests and that of other stockholders. The members of the unions are their priority as dictated by the free market concept. Friedman not only roots for good market policies but also emphasizes on the ethics that are a prerequisite in any business. Friedman suggested that everyone play their role in ensuring that the free…
What values do you think are most important in a CEO? Why are they important? Introduction Companies often demand competent and efficient leaders to become successful. Strategic leadership is relevant as far as the management of company resources is concerned. Being an effective company leader or manager may need to have leadership values such as respect, integrity, wisdom, and authenticity while running the comp[any. These values result in successful strategies for the success of pf the company. On the other hand, different theories, such as behavioral theories, management theories, relationship theories, and complexity leadership theories, may be relevant for successful organizational management. What values do you think are most important in a CEO? Why are they important? Several leadership values are essential for managers in working towards organizational success. One of the crucial benefits that a CEO should possess is respect. The CEO should be respectful; to all individuals u the organization. By so doing, the CEO will be able to earn respect too from his employees and other CEOs from other corporations. Connection builds a good relationship within and…
Jazz Event Music is an important aspect of society that helps to connect the world through rhythm and melody. On the 6th of March 2020, I was privileged to have the opportunity of attending a jazz performance. The jazz performance took place at the Red Poppy House, located off 2698 Folsom Street, San Francisco, in the state of California. The location of the event venue provides a conducive environment for jazz fans to meet and interact with famous jazz performers. The venue’s doors were open at seven o’clock in the evening, and the show started at approximately seven-thirty in the evening. The event venue was able to accommodate 30 seats with standing room available. One thing I liked about the event was that it was cheap, costing $25 for senior students with their school id while allowing the audience to have a great experience. The jazz event was well organized, and the performers knew how to keep time and did not waste time taking to the stage to perform their jazz pieces. The title of the event was Bass Winds…
Corporations Right and Human Rights in Developed and Underdeveloped Countries Why writing about this topic will be beneficial to me: The global human rights and corporation rights are changing from day today. This proposal is aimed at helping me understand the concept and relationship between human and corporate rights. Learning the way corporate is treating their workers in both developed and underdeveloped countries could improve my knowledge. It is important to understand that workers have rights to object any mistreatment by the company they are work for. My Essay Thesis Statement: In the modern world workers are mistreated, and the human rights violated by cooperates with the aim of making profits considering the wellbeing of the workers. Approach to the subject of my paper: This proposal will explore and explain the human and corporate rights comparing and highlighting the current situations in both developed and underdeveloped states. Both human and corporate rights are issues that have become of global concern and are no longer a state issue. Developed and underdeveloped countries are affected by the corporation and human rights. (Simons, 2012). As…
Sony Corporation’s Various Risk Management Tools A net beneficiary of foreign currency from China and foreign trade other than the USD is Sony Corporation. In fact, the adjustments in exchange rates and enhancement of the USD have a negative impact on the company’s domestic sales profit and gross margin. Various exchange risks, such as investment risks and translation risks, are involved in international trade. A business also faces these risks. Thus, if the risks in the foreign exchange rates occur, it needs to adjust the local currency product price due to competition (XXX). Such foreign exchange risks, including forwarding and options contracts with financial institutes, are mitigated by Sony Corporation by using derivatives and options contracts that will protect the corporation against exchange rate volatility linked to assets and commitments, committed trade, and foreign market investment through subsidiary investments. By using derivatives to offset its exposure to foreign currencies partially, Sony Corporation is safeguarding most of its international content exposure. As stated by XXX, the company signs contracts for foreign currencies and options for compensating some of its foreign exchange…
Analysis of Market Positioning of Sony Corporation in China Introduction Sony Corporation is a Japanese multinational corporation with headquarters in Japan, Kōnan Minato, Tokyo, and commonly referred to as Sony. The company is one of the largest manufacturers of consumer and specialist electronics products. Sony Corporation is a designer, manufacturer, and seller of technical, consumer, and manufacturing equipment, machinery, and devices on electronic markets all over the world. The firm distributes Sony Interactive Entertainment software and add-on content across digital networks, game and video network services, and music content, and home or mobile game consoles, packaged devices, and software (Hong, 2019). They are also a developer, producer, marketer, and distributor of recorded music; they are producing and distributing animated game applications, animation titles, and various visual and music products services (Lee, Lin, & Yu, 2019). The discussion herein underscores the financial projections of the company under various financial elements, and comprehensively makes critical assumptions behind the predictions. This report is intended to examine the international market of Sony Corporation in China. The company has learned how to get consumers to…
Starbucks Corporation Starbucks Corporation is one of the biggest companies in the food and beverage industry. Headquartered in Seattle, Washington, the company operates a coffee chain that deals with coffee production. The company’s unique approaches towards clients, as well as its history, enhance its position as the leading coffee producer. In recent years, it has illustrated a constant growth in both its income and other financial indexes. Its approaches towards business as well as methodologies display positive tendencies, and its tremendous revenue has seen the company become one of the fastest-growing companies. For instance, according to Starbucks Corporation (2020), the company had more than 28,000 locations worldwide at the end of 2018. Besides, the growth has been fueled by its Initial Public Offering (IPO), which currently trades at $ 87.56 per share in the NASDAQ stock market with a market capitalization of 102.795 billion. A large number of competitors that are gaining popularity on the market continually has affected its profitability over the last few years. The company’s profitability remains high, and the tremendous increase in revenue is a positive…