5 Reasons To View The Nicholas C. Rossis Author Blog

5 Reasons To View The Nicholas C. Rossis Author Blog Its few out of every odd day that an author offers free substance and book advertising exhortation. At the point when I experience one-particularly one that can assist journalists with moving beyond significant obstacles in selling their work-its difficult to stay silent about it. That is the reason I need to share five motivations to see the Nicholas C. Rossis creator blog.Reason #1: Nicholas C. Rossis is an entrancing authorFrom the initial lines of his acquaintance I live with compose and do as such from my bungalow on the edge of a mysterious backwoods in Athens, Greece-Nicholas C. Rossis shows his special image of epic portrayal. Upon extra scrutinizing through his creator blog, his work in both the fiction and genuine domains is bursting at the seams with funniness, lowliness, and imagination.To become acquainted with him better as a creator, hear one out of the numerous meetings accessible on his site. These are the best prologue to realize what his identity is and why he cher ishes composing. For instance, there is this meeting with Ron Yates for RRBC Rave Waves BlogTalkRadio, alongside this one concentrating on book promoting tips with Bernard Kelvin Clive.Reason #2: All of his composing is allowed to readRossis work incorporates fiction (of the dull, epic dream kind), true to life, childrens stories and short stories-which are all accessible free on Kindle Unlimited or for a little expense on Amazons free perusing apps.His latest book, A Heaven For Toasters, is portrayed as a sci-fi wrongdoing experience with a lot of funniness and sentiment, set sooner rather than later. The back spread reads:A souvlaki and some sun. That is all Detective Mika Pensive needed from her pleasant end of the week away on the Greek island of Hydra. Rather, she winds up made up for lost time in a vile plot, brought forth by an antisocial extremely rich person with an inclination for unlawful hereditary building. As though that wasnt terrible enough, she needs to endure her n ew accomplice, Leo. Leo is an android-or toaster, as individuals hatefully call his sort. The main thing that could exacerbate things even would be for the unyielding Mika to succumb to Leo. Be that as it may, individuals dont succumb to toasters-do they?Nicholas C. Rossis, A Heaven For ToastersThe front of Rossis book, A Heaven for ToastersIf you dont have Kindle Unlimited, you can at present buy his books at low costs. Here are the connections to a portion of different books he has published:Emotional Beats: How to Easily Convert your Writing into Palpable Feelings (Author Tools Book 1)Summary: This enthusiastic thesaurus incorporates many models that you can use for your motivation, with the goal that you, as well, can outfit this procedure to handily change over your composition into tangible emotions. Class fiction writers can utilize Emotional Beat as an inclination thesaurus and watch their composing take off!Runaway Smile: An unshared grin is a squandered grin (Mystery Smile s Book 1)Summary: A young man gets up in the first part of the day and acknowledges he has lost his grin. Subsequent to spending the whole day attempting to discover it, he learns reality behind grins: the main genuine grins are the mutual ones.Pearseus Bundle: The Complete Pearseus Sci-fi/Fantasy SeriesSummary: Combining dream with sci-fi, Pearseus is loaded up with enthusiasm, fighting, and disloyalty. Portrayed as old Greece in space, it gives perusers who need an alternate sort of imagination an energizing new arrangement to devour.Musiville: Lets bite the bullet and lead (Mystery Smiles Series) (Volume 2)Summary: The main thing that can spare Musiville is a melodic ensemble. Sounds sufficiently simple. Be that as it may, in our current reality where everybody accepts just their own music to merit playing, it is the hardest assignment the towns melodic creatures have ever faced.Reason #3: He offers significant counsel about composition and advertising your bookThere is a whole a rea on the Nicholas Rossis blog committed to promoting your book. On the off chance that you are an outside the box writer and in the pains of increasing a crowd of people for your composition, these tips will be totally key during the advertising procedure. Among them, he gives data on showcasing your book across different stages, including Facebook, Twitter and Amazon.Here is an inspecting of the numerous tips he offers:A-Z manage: How both my books came to #1 on AmazonHow to Score Great Amazon Reviews: Resources and MoreHow to Tame Amazons Algorithm to Increase your Sales RankHow to Use Facebook Ads to Gain Subscribers and to Promote a GiveawayUnderstanding Amazon ACoS (Advertising Cost of Sale): What is it?Advertise with Amazon: a Step-by-step TutorialHow to Increase Your Amazon Click-Through Rate (CTR)Book Marketing Essentials: Positioning your WorkI Just Published my Book. Presently What?7 secure showcasing tips to advance your blogAdditionally, on the Author Resources tab, Ro ssis promotes his work with an online media organization, Istomedia. He makes reference to that for as far back as 25 years, his normal everyday employment has been attempting to create sites. As a creator who has assembled his own site, he works explicitly with different creators who need to have their own creator site to showcase their work. He additionally offers a 30% rebate for perusers of his blog. Since the blog is so enlightening, this is unquestionably a success win! He will likewise assist you with making your book spread for a sensible price.Reason #4: Optimism (and diversion) aboundsIn an existence where terrible news and political outrage fills the media, its ideal to stumble into a blog that offers idealistic, fun, and helpful amusement. The Nicholas C. Rossis blog is one such blog. While a significant part of the substance is centered around composing and the artistic world, there are a few posts that are composed basically for a fun, hopeful read.For model, the ongoi ng post, How the world improved in 2018, he noticed various manners by which things showed signs of improvement a year ago, including expanding utilization of efficient power vitality around the globe, expanding natural security for the universes seas, 50 creatures species that were on the jeopardized list are presently evacuated, falling worldwide neediness levels, and more prominent access to power the world over, among others. Despite the fact that these points have little to do with composing or promoting books, the piece is elegantly composed and educational two parts of a blog that make it worth your opportunity to read.Author Nicholas C. RossisReason #5: His composing is superbRossis has won various honors for his composition. His first childrens book, Runaway Smile, was granted the Gelett Burgess Childrens Book Award, and was a finalist in the 2015 International Book Awards, in the Childrens Fiction classification and a Childrens Fiction Finalist in the 2015 Independent Auth or Network Book of the Year Awards.His assortment of short stories and glimmer fiction, entitled Infinite Waters: A Collection of Science Fiction/Speculative Fiction Short Stories (Exciting Destinies Book 2), was casted a ballot as extraordinary compared to other 50 Indie books of 2015. Both of these titles, alongside the remainder of his work, is accessible for nothing on Kindle and Amazon.Here is a passage from Simulation Over, one of the narratives in The Power of Six, an assortment of seven short stories.Without hanging tight for my answer, the lift began its quiet plunge once more. This time it set out directly toward the storm cellar where the core of the structure was found. Or then again, should I say, its mind. I looked with aching as the ground floor button lit up, at that point urgent expectation transformed into fear as it went dim once more. The sign changed to a basic red hyphen and the lift at long last halted with a delicate shock. The entryways slid separated and co ol air stroked our countenances. After the smothering warmth over, the aftereffect of the numerous little flames around the structure, this felt like emollient on our skin.Nicholas C. Rossis, Simulation OverMy by and large impressionThere are many writer sites accessible online that are made and composed exclusively to showcase the writers work. Be that as it may, the Nicholas C. Rossis blog appears to go a stage past that to enable different creators to advertise their work, and give significant direction from an individual creator who has taken in the ropes. In particular, I discovered Rossis counsel on understanding the different showcasing stages, for example, Amazon and Facebook-to be incredibly important, since these two stages can be mistaking for new writers who are amateurs in the domain of book promoting and sales.Additionally, Rossis composing is fun, innovative, and simple to peruse especially for those intrigued by the science fiction and dream sorts. Regardless of whet her you are a writer searching for guidance, or only an energetic peruser, make certain to look at this one. You wont be baffled.

Impact of Dividend Announcement on Shareholder Value

Effect of Dividend Announcement on Shareholder Value Various investigations propose that profit installment has no effect on investor esteem without charges and market blemish. At whatever point organizations have surplus winning, they ought to put it in ventures having positive net present worth. Another methodology is that, the stock worth relies on anticipated future profit of that stock. So organizations must attempt to mirror a maintainable development while reporting profits. This examination is to look at the effect of profit declaration on investor esteem. This investigation depends on 17 profit paying organizations, recorded on Karachi Stock Exchange. The outcome shows that speculators didn't pick up from profit declaration, yet lost some an incentive over a time of 30 days before profit declaration through 20 days after ex-profit date. Aftereffects of study is supporting the profit flippancy theory, that there is no advantage of investor in declaration of profit. Writing Review: A definitive target of any corporate element is to expand the investor esteem. For the achievement of this target, Finance administrators take three sorts of significant choices. Initial two choices are venture and financing choices and the third one is with respect to profit installment to investors. Presently the inquiry is that whether the installment of profit builds investor esteem or not. As profit mean prize that investors effectively own in an enterprise, so it is balanced by decrease in stock worth (Porterfield 1959 and 1965). For the most part investors lean toward capital addition over money profit and the explanation is charge design. Typically profit is charged at high rate when contrasted with the capital addition. So on the off chance that we disregard the presumption of expense and different limitations, at that point profit declaration has no effect on investors esteem (Miller and Modigliani, 1961). Financial specialists esteem a dollar of expected profit more profoundly than a dollar of expected capital addition in light of the fact that the profit yield segment is less hazardous when contrasted with development part. (Gorden 1963) If a firm compensation the entire piece of its acquiring as profit then it is most conceivable that there will be lack of assets for venture which may cause decline in profit later on. Another related methodology is that profit declaration impact the market cost of stocks since it conveys the data of future income of firm (Bhattacharya 1979, Baryosef and Huffman 1986). Investors have no advantage in the declaration of profit. As the offers esteem tumbles from thirty days before declaration of profit to thirty days after profit declaration. Be that as it may, these misfortunes are halfway repaid by profit yield in since a long time ago run (Hamid Uddin, 2003). In certain nations like Pakistan, organizations are positioned based on profit payout and a few principles by SECP likewise constrained the organizations to deliver profit. Considering the advantages of capital addition over money profit this is certifiably not a superior methodology by any stretch of the imagination (Dr. Ahmad Kaleem Chaudhary Salahuddin). The entire writing survey depends on two belief systems. One is that the profit declaration has a positive relationship with stock costs (Gordon 1963) and the second is that the profit declaration has a negative relationship with stock costs (Bhattacharya 1979, Baryosef, Huffman 1986 and Hamid Uddin, 2003). The positive connection between stock costs and profit declaration is because of profit data impact, while the negative relationship is a result of expense impact. Presentation: At whatever point an organization produces benefit, it either goes for reinvestment or deliver profit. In the event that an organization is going to deliver profit, at that point it takes choice of whether to deliver money profit or to repurchase a portion of the current stocks. The inquiry is if an organization has chance of interest in a task having positive net present worth then for what reason should organization go for profit? As indicated by Irrelevance Theory by Merton Miller and Franco Modigliani (MM) an organizations profit approach has no impact on investor worth and cost of capital of that firm. The most significant thing is the winning of an organization nor the profit approach or reinvestment plans. Expecting there are no assessments and financier costs. As indicated by Porterfield (1959 and 1965) delivering money profit implies offering awards to investors that is something they effectively own in an organization. Subsequently this will counterbalance by declining in t he stock worth. So delivering profit is certainly not a decent methodology by any means. As indicated by Gorden (1963) speculators incline toward a dollar of present more than that of anticipated future one. That is the reason organizations ought to go for profit rather than capital increase. All the speculations in regards to installment of money profit have their own methodologies and headings. So the issue of in the case of delivering money profit has any effect on investor esteem or not is as yet uncertain. In nations where profit salary is profoundly available when contrasted with capital increase, financial specialists lean toward capital addition over money profit. There is another face of picture, in nations like Pakistan where organizations are positioned by pace of profit paid by them, organizations regularly want to deliver money profit. In this examination we have analyzed the impact of profit declaration on investors esteem. To do as such, we have chosen 17 profit paying organizations from eight distinct parts and utilize the philosophy of Market Adjusted Abnormal Return (MAAR) and Cumulative Abnormal Return (CAR). Procedure: To examine the effect of profit declaration on investor esteem, two estimation have been utilized. (I) Market Adjusted Abnormal Return (MAAR). (ii) Cumulative Abnormal Return (CAR). MAAR demonstrates the relative every day rate value change in the profit paying stocks contrasted with the adjustment in normal market cost. We use KSE 100 value record as intermediary of normal market cost. MAAR is determined as follows. MAARit = Rit-Rmt MAARit it is the market balanced anomalous return for security I after some time t. Rit is the time t return on secutiry I, determined as (Pit †Pit-1)/Pit-1. Where, Pit is the market shutting cost of stock I on day t. Pit is the market shutting cost of stock I on day t-1. Rmt is the time t return on the KSE-100 value record determined as (It-It-1)/It-1. Where. Iit is the market record on day t. It-1 is the market record on day t-1. The market balanced anomalous return (MAAR) shows the adjustment in singular stocks an incentive because of the profit declaration. As the rate change in advertise list is deducted, the rest of us the segment of the worth change, which is explicit to that specific stock coming about because of its profit declaration. MAAR is determined over a period beginning to †30 days to +20 days comparative with the profit declaration day (O-day). The subsequent measure utilized is total irregular return (CAR), which quantifies the speculator all out return over a period beginning from before the declaration of profit to after the profit declaration day. We utilize a multi day window period beginning from - multi day to + multi day comparative with the profit declaration day (O-day). Vehicle is processed as follows. CARit = âˆ'MAARit CARt = âˆ'CARit Where CARit is total unusual return for security I and CARit is total anomalous return for all protections. Essentially MAAR it is showcase balanced irregular return for security I for window period. After that all, the t-test recommended in Brown and Warner (1990, p251-252) is applied to test the noteworthiness of CARit and CARt. Test Description: The example incorporates 17 organizations, from eight distinct segments. Every one of these organizations are enlisted on Karachi Stock Exchange (KSE) and declared profit between January 2009 and December 2009. Five organizations are from banking division, three from oil and gas, three from concrete, two from compound, one from Pharmaceutical, one from auto constructing agent, one from material and again one from telecom part. Table 1 is indicating the names of organizations with level of profit declared by them in particular year. Exact discoveries and examination Market Adjusted Abnormal Return MAAR shows the adjustment in singular stocks an incentive because of the profit declaration. As the rate change in advertise list is deducted, the rest of us the bit of the worth change, which is explicit to that specific stock coming about because of its profit declaration. In this examination, MAAR is determined over a period beginning to †30 days to +20 days comparative with the profit declaration day on zero days. Combined Abnormal Return Vehicle which gauges the financial specialist all out return over a period beginning from before the declaration of profit to after the profit declaration day. Table 1 Test Companies Sr. No Organization Name Segment 1 Habib Bank Limited Banking 2 Associated Bank Limited Banking 3 National Bank of Pakistan Banking 4 Joined Bank Limited Banking 5 Bank AlFalah Limited Banking 6 OGDCL Oil and Gas 7 National Refinery Limited Oil and Gas 8 Pakistan State Oil Oil and Gas 9 Fortunate Cement Concrete 10 DG Cement Concrete 11 Attock Cement Concrete 12 ICI Pakistan ltd. Compound 13 Engro Chemical Ltd Compound 14 Highnoon Labortories ltd. Pharmaceutical 15 Indus Motor Company ltd. Auto Assembler 16 Nishat Mill ltd. Material 17 Pakistan Telecom Co. Telecom Table 2 Profit paid by various divisions in 2009 (Dividend in %age) Segment No of Companies Most extreme Dividend Least Dividend Normal Dividend Banking 5 66 25 28.5 Oil and Gas 3 125 25 67 Concrete 3 40 Substance 2 65 60 62.5 Pharmaceutical 1 25 25 25 Auto Assembler 1 100 100 100 Material 1 20 20 20 Telecom 1 15 15 15 Table 3 Normal MAAR for 51 days Days comparative with Dividend Announcement Normal MAAR - 30 0.006995623 - 29 - 0.000286981 - 28 0.005946367 - 27 0.005136643 - 26 0.005144653 - 25 - 0.004782532 - 24 - 0.005356564 - 23 - 0.002944433 - 22 - 0.01411987 - 20 0.004907264 - 19 0.00128167 - 18 - 0.00011111 - 17 - 0.001020032 - 16 0.00167

Blog Archive Intimate Class Sizes in the South at Scheller College of Business and Mays Business School

Blog Archive Intimate Class Sizes in the South at Scheller College of Business and Mays Business School The  Scheller College of Business at Georgia Tech  may rival MIT Sloan and Carnegie Mellon’s Tepper School of Business with respect to its focus on the direct application of Internet technology to global business problems. The school’s rather small (approximately 60â€"80 students each year) and innovation-focused program was nevertheless ranked 28th among full-time MBA programs by  Bloomberg Businessweek  in 2017. Situated in the heart of Technology Square in Midtown Atlanta, Scheller offers students numerous networking and innovation resources within the city’s high-tech business community, including the Advanced Technology Development Center business incubator. In addition, the Enterprise Innovation Institute, or EI2, bills itself as “the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development” on its website and  provides students with resources for career options at the intersection of business and technology. As an indicator of the school’s overall strengths in information technology and operations management, technology was the most common pre-MBA industry among the Class of 2018, while operations/production was the most popular pre-MBA functional area of work. Meanwhile, at the  Texas AM University Mays Business School, students follow a full-time, 49-credit MBA curriculum that can be completed in just 16 months (over an 18-month period of August to December) or customized for an extended period of time. Although the core curriculum is very rigid, with foundational management courses spanning the entirety of the program, Mays also offers the option of pursuing certificates and career specializations beyond the 16-month core. What really stands out about the Mays program, however, is its dedication to maintaining a strong sense of community. Similar to Scheller, the relatively small class sizeâ€"the 2016 incoming class, for example, featured 74 studentsâ€"facilitates an intimate classroom setting and personalized attention from faculty and staff at Mays. Share ThisTweet B-Schools Outside the Top 15 Mays Business School Scheller College of Business Blog Archive Intimate Class Sizes in the South at Scheller College of Business and Mays Business School The  Scheller College of Business at Georgia Tech   The  Scheller College of Business at Georgia Tech  may rival MIT Sloan and Carnegie Mellon’s Tepper School of Business with respect to its focus on the direct application of Internet technology to global business problems. The school’s rather small (approximately 60â€"80 students each year) and innovation-focused program was nevertheless ranked 28th among full-time MBA programs by  Bloomberg Businessweek  in 2016. Situated in the heart of Technology Square in Midtown Atlanta, Scheller offers students numerous networking and innovation resources within the city’s high-tech business community, including the Advanced Technology Development Center business incubator. In addition, the Enterprise Innovation Institute, or EI2, bills itself as “the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development” on its Web site and  provides students with resources for career options at the intersection of business and technology. As an indicator of the school’s overall strengths in information technology and operations management, technology was the most common pre-MBA industry among the Class of 2018, while operations/production was the most popular pre-MBA functional area of work. Meanwhile, at the Texas AM University Mays Business School, students follow a full-time, 49-credit MBA curriculum that can be completed in just 16 months (over an 18-month period of August to December) or customized for an extended period of time. Although the core curriculum is very rigid, with foundational management courses spanning the entirety of the program, Mays also offers the option of pursuing certificates and career specializations beyond the 16-month core. What really stands out about the Mays program, however, is its dedication to maintaining a strong sense of community. Similar to Scheller, the relatively small class sizeâ€"the 2016 incoming class, for example, featured 74 studentsâ€"facilitates an intimate classroom setting and personalized attention from faculty and staff at Mays. Share ThisTweet Mays Business School Scheller College of Business

Essay on The Moral Codes of Comitatus and Chivalry

The Moral Codes of Comitatus and Chivalry Throughout history, there have been different codes of ethics that are often more important to a society that the governing laws of the land. While laws are written standards that people are compelled to abide by for fear of punishment, these codes serve as guideline for how people should live their lives. Two such codes are comitatus as demonstrated in Beowulf and chivalry as depicted in Morte D’Arthur. When the characters in these stories live by the constructs of these social systems, the society flourishes. When characters stray from each social code, however, the entire society falls victim. Comitatus is a social system under which people serve their courageous leader no†¦show more content†¦Beowulf’s men, recognizing him as the chief also conform to the rules of comitatus when Beowulf is engaged in his battle with Grendel. While engaged in a struggle with Grendel in Heorot, Hrothgar’s great gathering hall, Beowulf’s men wake up. They immedia tely draw their swords and begin hacking at Grendel and persist in doing so despite the fact that Grendel is impervious to the blows of their swords. Despite the ineffectiveness of their attacks and the fear of a gruesome death, the soldiers, bound by comitatus, do not stop fighting until Beowulf kills Grendel. It is the failure to honor this code that nearly costs Beowulf his life however. After Grendel’s mother attacks Heorot, Beowulf once again sets out on a mission of vengeance for Hrothgar. Hrothgar promises Beowulf great treasure if he can kill Grendel’s mother. This in itself is a departure from comitatus, because having pledged allegiance to Hrothgar, Beowulf should not need the incentive of treasure. Fighting nobly is treasure enough. Beowulf then swims to the troll’s cave alone and engages in a massive one-on-one battle with Grendel’s mother. Although he eventually emerges victorious, society deems that he was weaker because he was fighting alon e. This departure from comitatus finally does result in the death of Beowulf in the finalShow MoreRelatedThe Truth Behind the Knight: the Presence of Archetypes in Sir Gawain the Green Knight2908 Words   |  12 Pagesinto knighthood. Needless to say, Gawain may have more questions than answers. Some of these questions can’t be answered unless he lived through the experience of a knight. Some of the characteristics of a Seeker lie in his faithfulness to the code of chivalry. An example would be when the Lady is vying for the attention of Sir Gawain. The Lady persists in her desires, perpetually being spurned by Sir Gawain. His passiveness is so lost on her that she is almost convinced that this is not the famed

Flint Michig Human Rights And The Environmental Racism

Flint Michigan originally got its water from Lake Huron in Detroit, but in April 2014 the emergency manager to cut costs and to save money by switching the water supply to the Flint River (Durando, How Water Crisis in Flint, Mich., Became Federal State of Emergency). Using this river as the water source of this town was a bad idea because it turned out to be highly corrosive and led to lead poisoning of many children. When residents complained about the color, smell, and the effects of the water on their bodies state officials told them that the water was safe for everyday use and that it was colored because of E. coli (Gupta, Our Mouths Were Ajar : Doctor s Fight to Expose Flint s Water Crisis). After numerous complaints about the†¦show more content†¦Access to clean water is a right not a privilege. The disregard of human rights can be seen in other countries like Africa and India where the people there are not guaranteed fresh water, but this is not covered by the media. Around the world 738 million people do not have access to clean, usable water, but that is also not covered in the media (UN Water, Facts and Figures). This is such a large issue is because it is happening in a first world country, but in reality it is history repeating itself. During colonial times, the conquering country was only worried about the monetary value that they could squeeze out of their colony not about the people that lived there. The people much like those in Flint are â€Å"treated as expendable resources† much like the indios during Spanish colonization (Peterson, 142). This is a concept that can be seen as continuity through out history, the conquered people were seen as just a means to get what the Eurocentric countries wanted and their basic rights were ignored. The ramifications of the disregard of human rights and looking at people as only a way to gain power or money is still there today affecting these countries now. The children of Flint much like the previously colonized countries have many obstacles to overcome in order to lead successful lives. Racism was also a factor in the Flint Water crisis; the residents in Flint were

Why Baseball Is the Most Difficult Sport Essay examples

Out of all the vast variety of sports there are, baseball is the most challenging and difficult sport to play. No other sport compares to the degree of difficulty that you have to deal with, like you do in playing the game of baseball. There are so many different elements that make this game the most difficult. Three major elements stick out in my mind as to why this wonderful sport is the toughest of all. The three main factors in my mind are the increased physical and hand eye coordination component, the mental aspect of this game, and the human interdependence between umpires, which are a vital part in every play. To play the game of baseball you have to be in great physical shape. You also need to have an exceptional amount of†¦show more content†¦In the game of baseball more than any other sport, you really have to focus and think about what you’re doing on every single play. Of course there are parts of the game that become somewhat natural, but baseball is a game of fundamentals. You have to always be on top of your game and one step ahead of the curve, no pun intended. Every play contains different situations, which call for you to do an assortment of different things. You have to be thinking of what it is you’re going to do if the ball is hit to you, and what you do if hit to any of the other eight of your teammates on the field. Have you ever felt on top of your game, but for some odd reason you just couldn’t focus and preform at the best ability that you know you’re capable of? That’s what happens many times in baseball. You really have to focus and know what you’re doing wrong, and what adjustments to make to fix it. More than all other sports one little odd or unusual thing you start doing or change in your mechanics has a huge effect on the amount of production and performance out on that diamond. While hitting, throwing, or catching the ball, the simple extra movement or step you’re taking can cause a hundredth of a second difference in your throw, swing, or pitch, but this game is a game of seconds and that slight movement is the difference between a homerun or a ground ball, an amazing play in the field and an error, a strikeout or a ballShow MoreRelatedDifference Between Baseball And Softball1045 Words   |  5 PagesDifficulty of Baseball vs. Softball What sport do you think is harder baseball or softball? The reasons baseball is a harder sport is because of the tempo, the strength of players, and the size of the field that the players play on. The innings in baseball are played at a very fast pace, but the game is also two innings longer. The athletes that play baseball are also much stronger and faster. 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Ruth hitsRead MoreSports, Sports And Competition844 Words   |  4 PagesEver since I was a small adolescent, I have been surrounded by sports and competition and I believe it has shaped me to who I am today. Growing up, my mom always made me focus on my academics while my dad made me focus on sports, which led to conflict between my parents deciding what aspect of life was more important. Trying to balance both academics and sports and trying to please both of my parents was very difficult, but I managed it pretty well until my junior year in high school, where my athletics

Oil and Gas Management SR Ltd

Question: Discuss the Oil and gas management in SR Ltd? Answer: 1. Introduction SR Ltd is one of the operating companies in Oil and Gas Exploration and Production service industry. As per the financial reports of 2014, the company had seven operating fields for exploration of oil and gas resources (Oilandgasuk.co.uk,2015). In the year 2015, the company acquired the right for test drill on three of the oil fields in Edwina, Felicity and Georgia. However since the company is trading in exploration of the sustainable fossil fuels hence the company has to engage huge capital for the purpose of test drilling and production of oil and gas in different fields. The report here focuses on the various challenges faced by SR ltd in execution of the test drilling process. After the initial analysis of the problems, the report seeks to provide certain recommendations to the management on various legal, financial and ethical aspects (Zhao et al. 2010). 2. Summarization of the issues of SR Ltd Similar to the other operating companies in the EP industry, SR Ltd is also facing a large number of challenges that may be summarized as follows: Lack of efficient financial and managerial capacity to test drill in the three new fields The possibilities of Farm-in and Farm-out Sustainability issues regarding the finite resources of oil and gas in which SR Ltd is dealing Corporate governance issues related to the practices of the outsourcer company- BoringHoles UK (Theodoropoulos, 2010) Summary of the ethical prospects within the issues Ethical challenge faced by the counterattack of CareGreen party that needs to be kept satisfied as per the Stakeholder analysis Comprehensive issue concerning the non renewable nature of oil and gas which may threaten the long term future of SR Ltd failure to maintain honesty and integrity as stated in the CSR policy of SR Ltd by forgoing the forgery issue of the outsourcer company BoringHoles UK (Kammen et al. 2004) Brief insight on the challenges Financial issue: The major issue haunting the management of SR Ltd is the availability of the adequate financial resources to compote the test drill in the newly acquired fields. The fields are all reported to be in shallow water. The average cost of drilling each shallow water production is around $ 30 million. Moreover, the actual production can commence only after the position and the size of the oil reserves are identified with the help of the test drill. Hence, this will involve huge financial costs for SR Ltd. Managerial issue: Although negligent, however SR Ltd also faces challenges related to recruitment and retention of required labor force for the test drillings in shallow waters. The huge numbers of oil and gas leakages accidents have contributed to the employee turnover rate in Sr Ltd (Jin and Jorion, 2006). Farm Out offer: Considering the financial constraint, SR Ltd has also decided to avail the farm out option to Drill Well. However, the company was facing problems with the option payment terms of DW and was apprehensive about the deal Sustainability issue: The protest of the Care Green party against the potential threats of the sustainable resources used by the companies in EP industry is creating a negative publicity for SR Ltd and is threatening the long-term future of the company. Corporate governance issue: The unethical signature forgery by the major outsourcer Boring Holes UK has also questioned the ethical integrity and honesty o SR Ltd as mentioned within their CSR reports (Hall and Vredenburg, 2012). 3. Evaluation of the issues 3.1 Financial issue As per the predicated financial forecast of the SR Ltd, the company needs to maintain 63 US$ million of cash needs in order to start the drilling tests in the three newly acquired fields. The company has thus considered the option of right issue and commercial loans in case of sourcing of finance for the cash needs of the new fields. The critical analysis of the article 1 shows that the shareholders of the Forglass, a fracking company were unhappy with cash call and unwilling to provide extra investment. If SR Ltd considers the option of right issue then the company may face the same problem with the shareholders as mentioned in the article (Armaroli and Balzani, 2011). The shareholders of SR Ltd may not be interested in making an extra investment considering the fact that the company has not yet made the dividend payments and has only declared to make a dividend payment of US $ 10 million at the beginning of the financial year of 2015. Thus, if the company continues to increase the equity through right shares then the return on total equity may decrease and the shareholders interest may be affected (Wei et al. 2010). Article 2 reports that majority of the banks are short of funds and are not ready to take risks related to commercial loans to the EP industries (Keller, 2012). Considering the predictions made by the financial manager of SR Ltd the gross operating profits are predicted to increase 48% considering an average increase in the oil prices by 5%. This shows that the companys operating profit for the year 2015 may rise which will make SR ltd eligible under the conditions of Bank of England to secure commercial loans. However, this long term liability will also give rise to potential amount of interest payments for the company in the long term (zhang, 2012). 3.2 Farm out offer Considering the financial problems faced by SR Ltd in respect of securing loan and right issues, the company offered a farm out option to the Drill Well (DW). As per the farm out deal DW agreed to make payments to SR Ltd in installments helping the company to commence with the drilling process. DW will make initial payment of US$ 2 Million on signing of the Georgia Test Drilling license. The next payment of US $ 2 million will be made at the commencement of the test drilling and the final US $ 6 million will be made on completion of test drilling for the purpose of oil production. However, in lieu of the investment of US $ 10 million, DW has made an offer to buy the proven reserves of Georgia at 10% discount than the current price that is US $ 11 Million per MMbbl (gas or oil) (He et al.2010). The problem thus faced by SR Ltd is that according to the geological surveys, the field of Georgia may yield around 8 to 10 MMbbl oil and gas that means that under the current price SR Ltd will have a gain of either US $ 88 million or US $ 110 million. Thus if the company avails the farm out offer then the company will lose on the revenue from the Georgia field. However DW also proposes that the price of the proven reserves will remain fixed at US $ 11 million irrespective of the changes in the price levels of oil and gas. Now considering this situation, the prices of the oil and gas are forecasted to increase by an average of 5%, which may be a revenue loss for DW. However SR Ltd will not sustain high loss in this regard. 3.3 Outsourcer Boring Holes UK In this section SR Ltd has to deal with the dual thought concerning the ethical punishment that the company should give to the major outsourcer company for their act of signature forgery. Although SR ltd has taken the decision to forgo the actions of BoringHoles UK, however as per section 1 of the Forgery and Counterfeiting Act 1981 and Fraud Act 2006, the management at BoringHoles UK is legally punishable in the court of law. If SR Ltd forgoes the actions then the company may have to face future legal actions on the contrary if the company takes legal actions the company may lose an essential outsourcer, which may add to the problems of the company. However, the forgery of the signature done by the manger of BoringHoles UK on the control supervision log sheet did not cause any physical or monetary damage to SR Ltd. 3.4 Protest by the CareGreen party The stakeholder analysis of SR Ltd reveals that the company needs to keep the government and the social care organizations satisfied in terms of ethical considerations because the acts of the government and social organizations like CareGreen have high influence on the share price of the company (Yang, 2008). The protest by the CareGreen Party against the EP companies for their extensive exploitation of the finite fossil fuels has made the management of SR Ltd apprehensive about the image of the company. Thus to prevent a fall of the share prices and to retain the employees SR Ltd needs to take preventive actions. 4. Recommendations on the Issues The following reasonable recommendations can be given to SR Ltd after considering the various challenges. For financing options SR Ltd can opt for Mezzanine financing options which is a very common financial option availed by majority of the companies in EP industry. This option will give SR Ltd to acquire capital through loans (Christoff, 2011). The mezzanine financing loans will be readily available to SR Ltd because the lenders in this type of financing generally provides loan on the condition that if the company fails to pay the loan amount then the lender will acquire ownership of the shares of the company (Kaygusuz, 2002). In considering the farm out options, it may be suggested that since the financial options are very low for SR Ltd hence the company should accept the farm out option. Sr Ltd may in this respect get low revenues from the Georgia field however, an investments of US $ 10 million will prove to be effective for the drilling operations of SR Ltd. However SR Ltd may try to negotiate with DW on the discounted part of the contract term and may negotiate to reduce the discount rates. The reports of OPEC shows that the future demand for fossil fuels are likely to increase by 597% and the total exploration for the fossil fuels needs to be increased by 30 to 50% annually in order to meet the consumer requirements (Odi.org, 2015). Thus in order to manage the social organizations like Care Green, SR Ltd should generate a CSR report stating the future demands and also publish the reports of OPEC along with the CSR reports. SR Ltd in this regard needs to make affirmative media statements confirming that the company is not exploiting the finite resources rather the company is trying to produce the most economically used and valued resource that is oil and gas. SR Ltd should also confirm that they follow the norms under the ISO14000 and avoids drilling on roads thereby accepting the fields that are immersed in shallow water (Tordo et al.2010). The CSR activities of SR Ltd should also highlight activities like prevention of marine pollution, prevention of oil accidents, an d maintenance of health and safety policies in workplace, performance evaluation of the drilling machines and abiding of the environmental protection acts. In order to retain the employees and to make a positive image SR Ltd needs to make positive media presence. This includes displaying of video campaigns focusing on the lame conditions of the world in lack of oil and gas. Workplace videos should be made to show the potential applicants the benefits of working in an EP company. Finally, to fix the legal problem, the company may issue a legal warning notice to the management of BoringHoles UK mentioning that any future acts of forgery will cancel the contract between the outsourcer and SR Ltd. Moreover, in order to avoid future repeat of the same action, SR Ltd should place a high-level supervisor from within the internal employees in BoringHoles UK. Since the company did not suffer any physical or monetary loss for the act of forgery hence under the Forgery and Counterfeiting act the management of BoringHoles UK is not legally punishable. Reference list Armaroli, N., and Balzani, V. (2011). Energy for a sustainable world.Wiley-VCH, Weinheim. Christoff, J. (2011).Firms reported in open sources as having commercial activity in Iran's oil, gas, and petrochemical sectors. Washington, DC: U.S. Govt. Accountability Office. Hall, J., and Vredenburg, H. (2012). The challenges of innovating for sustainable development.MIT Sloan Management Review,45(1). 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