Night Creature Crescent Moon Chapter 8 Free Essays

The officials were progressively keen on my case that I’d spent the better piece of the most recent hour with Adam Ruelle than my stories of an imperceptible snarling mammoth that may or probably won't have killed Charlie. â€Å"No one’s seen Ruelle in years. Most people think he passed on in the marsh. We will compose a custom paper test on Night Creature: Crescent Moon Chapter 8 or on the other hand any comparative point just for you Request Now † â€Å"I surmise most people are wrong,† I said. The officials †both youthful and buff, one white, one dark †traded looks. â€Å"What?† I inquired. â€Å"Some state he’s a ghost.† I’d believed that myself, yet did an apparition let off body heat? Could a phantom hold your hand? Or on the other hand get a PDA? I didn’t know, and I didn’t plan on asking these kids. Despite the fact that they were most likely around thirty, similar to me, they appeared ages more youthful. The two evaded the soggy earth close Charlie, taking consideration not to upset the proof as they looked at the ground. â€Å"Huh,† said the blondie, really young looking official with an ID that read: Cantrel. â€Å"Yeah,† said the other, who passed by the name of Hamilton. I paused, yet neither of them was anticipated with any data. â€Å"What?† I asked, somewhat more boisterously than last time. â€Å"Only tracks are the victim’s and yours.† I hadn’t thought to look for tracks. Hadn’t thought past my dread and the weird emotions Adam Ruelle had incited in me. â€Å"There aren’t any creature tracks?† â€Å"Sure.† Hamilton gestured. â€Å"Big hound maybe.† I went along with them to peer at the light wreath of paw prints encompassing Charlie. â€Å"That wasn’t a dog.† â€Å"How you know without a doubt, ma’am?† â€Å"I’m a zoologist I’ve seen wolf tracks.† â€Å"There aren’t any posers â€Å"Is that like the state maxim or something?† I scoured at the torment directly between my eyes. â€Å"Wait a second.† I dropped my hand. â€Å"No different tracks yet mine, Charlie’s, and the †† I waved at the canine impressions. â€Å"None.† No big surprise they didn’t trust Ruelle had been here. The man hadn’t left any tracks. I glared. On the other hand, he hadn’t been wearing any shoes. When different officials showed up, I’d completed my announcement They cordoned off the scene, at that point started to accumulate confirm and set up the body for transport Cantrel offered to return me to my vehicle, and I appreciatively acknowledged. I didn’t need to go alone, regardless of whether I had been equipped for driving an airboat. A brief time later, he kept me at the dock. â€Å"We’ll be in touch.† â€Å"Do you have any leads in these murders?† â€Å"Murders?† Genuine amazement contorted the word. â€Å"I heard another man had his throat detached in the swamp.† â€Å"So?† â€Å"Two men, murdered a similar way. I’d figure murder would be working overtime.† â€Å"Homicide?† He chuckled. â€Å"By a dog?† â€Å"That wasn’t a canine, and you damn understand it.† The displeasure in my voice made him quit giggling. He looked at the streaming tributary, at that point back at me. â€Å"My manager thinks there may be a rabies issue. Wild mutts. Indeed, even coyotes. Infection spreads like wildfire.† I lifted a temple. He could be correct. But an out of control creature wouldn’t have run from Ruelle and me in the wake of murdering Charlie. An out of control creature would have assaulted us, as well. I knew a tad about rabies. Unquestionably the contaminated creatures were horrible, savage, yet they were likewise in the same class as dead. On the off chance that there were a rabies pandemic in the Honey Island Swamp, there’d be much more bodies. Both human and mammoth. Cantrel moved back on the airboat, sitting in the driver’s seat with a certainty that uncovered he’d been there : previously. â€Å"You appear to realize what you’re doing.† I waved a hand at the vehicle. â€Å"I’ve been driving these all my life.† â€Å"You’re from the area?† â€Å"Right around here.† â€Å"Then you knew Charlie.† â€Å"Yeah.† He moaned. â€Å"Decent guy.† We both went quiet, considering Charlie. Cantrel fixed †all business again. â€Å"You’ll need to avoid the marsh now, ma’am. Too dangerous.† â€Å"I don’t have a lot of decision. I’ve been employed to †â€Å" I severed. I couldn’t state I was searching for a loup-garou. Cantrel may very well submit me to the crazy haven. Around here, they most likely despite everything had one. â€Å"Hired to what?† Cantrel squeezed. â€Å"Research,† I stated, which secured a considerable amount and generally exhausted individuals so much, they quit posing inquiries. â€Å"I thought you were a zoologist Shouldn’t you be†¦ in a zoo?† He flushed. â€Å"I mean, working there.† I didn’t need to clarify what I truly was. So I didn’t. â€Å"I’m working here.† â€Å"It’d be ideal in the event that you avoided the swamp.† He looked at the sickle moon gradually moving over the night sky. â€Å"At least for a couple days.† Before I could address him further, he turned over the engine and spun away. When I was separated from everyone else, the quietness encompassed me. I looked toward the water and got the flash of the moon off a few arrangements of bouncing eyes, however none of them appeared to be keen on getting any nearer. I tapped my gris-gris. For a false security enchant it worked entirely well. By the by, I rushed to my vehicle and came back to the city. Whiskey Street was going all out. I looked at my watch. 12 PM. For what reason did it feel so a lot later? I wasn’t hungry, however I hadn’t eaten the entire day and keeping in mind that my body could remain to shed a couple of pounds, I knew not to skip food altogether. I delighted in bluffing even short of what I appreciated wearing Lycra. I constrained myself into the group and let them push me ; along the scarred, broken walkways, past the bars, the strip joints, the trinket shops that brandished T-shirts with vulgar mottos, until I found an eatery that wasn’t excessively occupied. At that point, with a forceful push, I tore myself away from the crowd and discovered a cobblestone yard loaded up with tables. I picked one closest the road While I probably won't appreciate strolling in a group, I certainly enjoyed watching them. In spite of the fact that boisterous and generally alcoholic, the Bourbon Street swarm was enjoyable. Happy individuals visited New Orleans, and the individuals who lived here cherished it. Sure there was voodoo and murder and something in the marsh, however this was additionally the Big Easy, and it had gotten that on purpose. New Orleans was the place that is known for incredible music, great food, ceaseless liquor, hot sex. During the day, the decay appeared. Be that as it may, around evening time, the neon covered everything. I requested a zombie †why not? †and a po’boy. It wasn’t until I was part of the way through the food and entirely through the beverage that the now-natural vibe of being gazed at came over me. Be that as it may, there weren’t any gators on Bourbon Street, except if you included the stuffed ones in the shop windows. Uncomfortable, I looked around, yet the various coffee shops were occupied with their own drinks. The servers were server ing; barkeeps, bartending. I slid my look toward the group, yet it kept on streaming by decisively. I revealed to myself I was depleted from the mix of a beverage, a full stomach, and a bustling day, at that point paid my check and left. The awkward sensation proceeded. I looked back like clockwork, yet with several individuals in the city, I couldn’t decide whether any single one intended to : tail me. Dodging into my lodging, I slipped behind a column and looked out. Nothing. As I headed upstairs, I revealed to myself I had valid justification to be frightened. Somebody had placed that blossom in my room. Somebody had taken it out once more. I opened my entryway, checked the washroom, the wardrobe, an obscure corner. Nobody here yet me. My look was attracted to the overhang. I ended up intersection the room, opening the French entryways, venturing outside. I let my look meander over the group from above, and I saw him. The revelers streamed around the man as though he were a gigantic stone in a waterway. He never looked at them, simply kept on gazing at me. He was nobody I’d ever met, yet by one way or another I knew him. His garments were filthy, torn, his hair wild; he wasn’t wearing any shoes. What was the arrangement with shoes around here? My telephone began ringing †boisterous, high pitched †and I spun toward the room, heart roaring. At the point when I got myself calmed down, acknowledged it was only the telephone, I turned around, allowing it to ring. He was gone, obviously. No indication of him anyplace. Not that he couldn’t vanish into the group, a bar, heck, perhaps flimsy air. The damn telephone continued trilling. Wasn’t there phone message in this spot? I grabbed it up. â€Å"Yes?† My heart despite everything beat quick enough to make dark dabs move before my eyes. I expected to relax. â€Å"Diana.† Straight to the point. â€Å"I’ve been calling for quite a long time. I was worried.† â€Å"Mmm,† I mumbled, gazing at the fully open overhang entryways. Ought to have closed those. â€Å"Is some kind of problem with your cell?† Precisely I tapped my pockets, pulled out the telephone, shut it off in the wake of calling the police. â€Å"I was†¦ in the field.† â€Å"I assume it wouldn’t accomplish for you to sneak up on the loup-garou and have your telephone terrify him away.† As though I could sneak up on a werewolf †I murmured †or any wolf, so far as that is concerned. â€Å"What have you found?† Frank proceeded. â€Å"Nothing really.† â€Å"What have you been doing with your time

Predictions to Support Reading Comprehension

Forecasts to Support Reading Comprehension As an educator, you realize how significant it is for understudies with dyslexia to make forecasts while perusing. You realize it helps help in understanding perception; helping understudies both comprehend and hold the data they have perused. The accompanying tips can assist educators with fortifying this fundamental expertise. Flexibly understudies with a forecasts worksheet while perusing. You can make a basic worksheet by isolating a bit of paper down the middle, long ways, and composing Prediction on the left hand half and Evidence on the correct hand half. As understudies read, they prevent every once in a while and compose an expectation on what they think will occur straightaway and compose a couple of catchphrases or expressions to back up why they made this forecast. Have understudies survey the front and back of a book, the list of chapters, the section names, subheadings and graphs in a book preceding perusing. This causes them increase a comprehension of the material before perusing and consider what the book might be about. Request that understudies list the same number of potential results of a story as they can consider. You may make this a class movement by perusing a bit of a story and getting some information about various ways the story may turn out. Rundown all the thoughts on the board and audit again in the wake of perusing the remainder of the story. Have understudies go on a fortune chase in a story. Utilizing a highlighter or having understudies compose hints on a different paper, experience the story gradually, pondering the pieces of information the creator gives about how the story will end. Remind understudies to consistently search for the nuts and bolts of a story: Who, What, Where, When, Why and How. This data will assist them with isolating the significant and unnecessary data in the story so they can think about what will occur straightaway. For more youthful kids, experience the book, taking a gander at and talking about the photos before perusing. Ask the understudy what he believes is going on in the story. At that point read the story to perceive how well he estimated. For verifiable perusing, assist understudies with distinguishing the fundamental subject sentence. When understudies can rapidly recognize the primary thought, they can make forecasts about how the remainder of the passage or segment will give data to back up this sentence. Forecasts are firmly identified with inductions. To precisely make forecasts understudies must comprehend what the creator stated, however what the creator is inferring. Assist understudies with seeing how to make derivations while they are perusing. Peruse a story, halting before you arrive at the completion. Have every understudy compose their own closure of the story. Clarify there is no set in stone answers, that every understudy carries their own point of view to the story and needs it to end in their own specific manner. Peruse the endings so anyone might hear so understudies can see the various prospects. You can likewise have understudies vote on which finishing they think will most intently coordinate the creators finishing. At that point read the remainder of the story. Make expectations in steps. Have understudies take a gander at the title and the intro page and make an expectation. Have them perused the back spread or the initial scarcely any passages of the story and audit and reconsider their expectation. Have them perused a greater amount of the story, perhaps a couple of more passages or possibly the remainder of the section (in light of the age and the length of the story), and audit and amend their forecast. Keep doing this until you have arrived at the finish of the story. Make forecasts about more than story endings. Utilize an understudies past information about a subject to foresee what ideas are talked about in a part. Use jargon to recognize what true to life content will be about. Use information on a writers different attempts to foresee composing style, plot or the structure of a book. Utilize the sort of content, for instance a course book, to foresee how data is introduced. Offer your forecasts with the class. Understudies model instructors practices so on the off chance that they see you making expectations and speculating about the consummation of a story, they will be progressively well-suited to utilize this aptitude too. Offer three potential endings to a story. Have the class vote on which finishing they think coordinates the creators. Take into account a lot of training. Similarly as with any ability, it improves with training. Stop regularly in perusing to approach the class for forecasts, use worksheets and model expectations abilities. The more understudies see and use expectations aptitudes, the better they will be at making forecasts. Â References: Helping Students Develop Strong Content Area Reading Skills, 201, Joelle Brummitt-Yale, K12Readers.com Tips for Teaching: Comprehension Strategies, Date Unknown, Staff Writer, LearningPage.com

Gourmet review about Great wall Chinese food (experts review) Essay

Gourmet audit about Great divider Chinese food (specialists survey) - Essay Example The staff in this café is basically charming obliging each need of the clients without being gotten some information about something very similar. Their administration is likewise quicker contrasted with other Chinese eateries and subsequently reassuring individuals to return again for incredible help (Tripadvisor 2015). The valuing is perfect and inside the typical estimating scope of other Chinese eateries. This is in spite of the customized administrations offered to the clients whether it is during top or off pinnacle hours (The Examiner, 2012). They likewise offer specials which is powerful and helpful for those clients in a rush and have no opportunity to begin taking a gander at the menu and choosing what to destroy or take. The specials are additionally now and again new menus which expands the decent variety of their nourishments (Schwab, 2015). With the opposition in Chinese eateries, what makes this café stand apart other than the quality area with great climate is the way that they serve extraordinary veggie lover food on Mondays (Lyness, 2013). This gives an opportunity to the undesirable eaters to enjoy solid food once every week just as cook for the veggie lover populace. Lyness, Stephanie. Diminish Sum, and Much More, in a No-Frills Setting. The New York Times, 2013. Recovered from

Contrast Of Dividend Policies Of Indian Companies - Free Essay Example

The Sub-continent has become the prime target for foreign direct investment. India ranks 6th among the top 10 countries for Foreign direct investment. Although not in the front line, it has become an attractive destination for foreign investment. Indiaà ¢Ã¢â€š ¬Ã¢â€ž ¢s economic policies are tailored to attract substantial capital inflows and to sustain such inflows of capital. Policy initiatives taken over a period of years have resulted in significant capital inflows of foreign investment in all areas of economy including the public sector. This paper analysis the structure of economic reforms during the pre- independence and post independence era in the context of growth of foreign direct investment and the risks posed by the political, economic and social conditions for foreign investors. Essentially, this research seeks to analyze and understand the economics and politics of Indiaà ¢Ã¢â€š ¬Ã¢â€ž ¢s progressive integration with the global economy. Prior to understanding the economic progress of India, it is vital to first identify the current economic status of India so that it is easy to retrace the process leading to the current status. India presently enjoys the status of an attractive emerging market. However, this status has been the result of numerous economic reforms adopted over the years. India intent to open its markets to foreign investment can be traced back to the economic reforms adopted during two prime periods- pre- independence and post independence. Pre- independence, industrialised economies of India was the supplier of foodstuff and raw materials to the of the world and was the exporter of finished products- the economy lacked the skill and means to convert raw materials to finished products.Post independence with the advent of economic planning and reforms in 1951, the traditional role played changes and there was remarkable economic growth and development. International trade grew with the establishment of the WTO. India is now a part of the global economy. Outside world is now linked with india either through direct involvement in international trade or through direct linkages with export and economic transaction. Consequently economic reforms were introduced initially on a moderate scale and controls on industries were substantially reduced by 1985 industrial policy. This set the trend for more innovative economic reforms and they got a boost with the announcement of the landmark economic reforms in 1991. After nearly five decades of insulation from world markets, state controls and slow growth, India in 1991 embarked on an accelerated process of liberalization. The 1991 reforms ensured that the way for India to progress will be through globalization, privatisation, and liberalisation. In this new regime, the government is now assuming the role of facilitator and catalyst agent instead of the regulator and controller of economic activities. India has a number of advantages which make it an attractive market for foreign capital namely, political stability in democratic polity, steady and sustained economic growth and development, significantly huge domestic market, access to skilled and technical manpower at competitive rates, fairly well developed infrastructure. FDI has attained the status of being of global importance because of its beneficial use as an instrument for global economic integration. 1.2 STOCK MARKET WORKING OF STOCK MARKET REGULATION OF FRAMEWORK WHY DO PEOPLE INVEST MONEY IN SHARES? WHY VOLATILITY IN STOCK MARKET OCCUR? HOW MONEY IS MADE IN STOCK MARKET? ECONOMIC ROLE OF STOCK MARKET Now the market is further divided into PRIMARY MARKET and SECONDARY MARKET. PRIMARY MARKET Deals with the new issues of securities. SECONDARY MARKET Deals with outstanding securities. Also known as à ¢Ã¢â€š ¬Ã…“STOCK MARKETà ¢Ã¢â€š ¬?. 1.3 TRANSLUCENSE OF EQUITY MARKET: MARKET SECURITY BOND/DEBENTHERS STOCK TREND 1) COMMON STOCKS 2) PREFERRED STOCKS SHARE MUTUAL FUNDS. PAR VALUE vs. MARKET VALUE BULLISH vs. BEARISH FUNCTIONS OF STOCK MARKET? Stock exchanges Brokers Registrars Depositories and their participants Securities and Exchange Board of India (SEBI) MARKET INDICES: Stock market indices are the indicators of the stock market. Some of the market indices types are BSE SENSEX, NSE-50 etc. Their usefulness: Board trends of the market can be recognize by indices. The funds are rationally allocated by the investors among stock by using indices. Future market can be predict by analyst using indices. The general economy report can be made on the basis of indices. RISING IN STOCK PRICES? Possible reasons for the increment and decrement of rising prices: Company News. Country News. Foreign Exchange rate . Depends upon the market forces i.e demand and supply of stock. 1.4 Research Aims The primary aim of this research is to develop an elaborate discussion on how Stock market works and to give the main concepts of Stock market and give the technical analysis of Indian stock market and shares. 1.5 Research Objectives The following will be the objectives of the study: 1) To describe the Trends of Stock market of India, 2) To identify the Stock behaviour at various time slots, 3) To examine and analyse strategies adopted to make money in Stock market, 4) To identify the role of market activities on economy, 1.6 Research Questions The following are the research questions of the study: 1). How many Exchanges are there in India? 2). what is an Index How does one execute an order? 3).Why Stock market is so volatile? 4). Computation of Stock Index? 5). Shareholder Protection and Stock Market Development? 1.7 A selective review of the literature There has been considerable research that seeks to identify the determinants of corporate Dividend policy. One branch of this literature has focused on an agency-related rationale for paying dividends. It is based on the idea that monitoring of the firm and its management is helpful in reducing agency conflicts and in convincing the market that the managers are not in a position to abuse their position. Some shareholders may be monitoring manage rs, but the problem of collective action results in too little monitoring taking place. Thus Easterbrook (1984) suggests that one way of solving this problem is by increasing the payout ratio. When the firm increases its dividend payment, assuming it wishes to proceed with planned investment, it is forced to go to the capital market to raise additional finance. This induces monitoring by potential investors of the firm and its management, thus reducing agency problems. Rozeff (1982) develops a model that underpins this theory, called the cost minimisation model. The model combines the transaction costs that may be controlled by limiting the payout ratio, with the agency costs that may be controlled by raising the payout ratio. The central idea on which the model rests is that the optimal payout ratio is at the level where the sum of these two types of costs is minimized. Thus Rozeffà ¢Ã¢â€š ¬Ã¢â€ž ¢s cost minimisation model is a regression of the firm target payout ratio on five variables that proxy for agency and transaction costs. Transaction costs in the model are represented by three variables that proxy for the firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s historic and predicted growth rates and risk. High growth and high risk imply greater dependency on external finance due to investment needs, and in order to honor financial obligations, respectively. This, in turn, means, that the firm raises external finance more frequently, hence bears higher transaction costs that are associated with raising external finance. The model captures agency costs with two proxies. First, the fraction of the firm owned by insiders is a proxy for insider ownership and is expected to be negatively related to the target payout ratio. As insiders hold more of a firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s equity, the need to monitor their actions is reduced because the incentive for managers to misuse corpor ate resources falls. Second, the natural logarithm of the number of outside shareholders is a proxy for ownership dispersion. It is expected to be positively related to the target payout ratio because the greater the dispersion, the more severe is the collective action problem of monitoring. Indeed results from an Ordinary Least Squares (OLSQ) cross sectional regression using 1981 data on 1000 US firms, support the theory put forward. Thus the model provides good fit and consequently has attracted the attention of subsequent studies. Llyod, Jahera and Page (1985) is one of the first studies to modify Rozeffà ¢Ã¢â€š ¬Ã¢â€ž ¢s cost minimisation model by adding a size variable. An OLSQ cross sectional regression is applied to 1984 data on 957 US firms, and the results provide support for the cost minimisation model and show that firm size is an important explanatory variable. Likewise Schooley and Barney (1994) add a squared measure for insider ownership, arguing that the relationship between dividend and insider ownership may be non-monotonic. Indeed the results from an OLSQ cross sectional regression, using 1980 data on 235 industrial US firms, provide further support for Rozeffà ¢Ã¢â€š ¬Ã¢â€ž ¢s model in general and for the hypothesis put forward in particular. More support and further contribution to the agency theory of dividend debate, is provided by Mohà ¢Ã¢â€š ¬Ã¢â€ž ¢d, Perry and Rimbey (1995). These authors introduce a number of modifications to the cost minimisation model including industry dummies, institutional holdings and a lagged dependent variable to the RHS of the equation to address possible dynamics. The results of a Weighted Least Squares regression, employing panel data on 341 US firms over 18 years from 1972 to 1989 support the view that the dividend process is of a dynamic nature. The estimated coefficient on the institutional ownership variable is positive and significant, which is in line with tax explanations but contradicts the idea about the monitoring function of institutions. Holder, Langrehr and Hexter (1998) extend the cost minimisation model further by considering conflicts between the firm and its non-equity stakeholders and by introducing free cash flow as an additional agency variable. The study utilises panel data on 477 US firms each with 8 years of observations, from 1983 to 1990. The results show a positive relation between the dependent variable and the free cash flow variable, which is consistent with Jensen (1986). Likewise the estimated coefficient on the stakeholder theory variable is shown to be significant and negative as predicted. The estimated coefficients on all the other explanatory variables are also shown to be statistically significant and to bear the hypothesized signs. Hansen, Kumar and Shome (1994) also take a broader view of what constitutes agency costs, and applies a variant of the cost minimisation model to the regulated electric utility industry. The prediction is that the agency rationale for dividend should be particularly applicable in the case of regulated firms because agency costs in these firms extend to conflicts of interests between shareholders and regulators. Results of cross sectional OLSQ regression for a sample of 81 US utilities and for the period ending 1985 support the cost minimisation model and the contribution of regulation to agency conflicts in the firm. Another innovative approach to Rozeffà ¢Ã¢â€š ¬Ã¢â€ž ¢s cost minimisation model is offered in Rao and White (1994) who apply it to 66 private US firms. Using a limited dependent variable, Maximum Likelihood (ML) technique, the study shows that an agency rationale for dividends applies even to private firms that do not participate in the capital market. The authors note that perhaps by paying dividends, private firms can still induce monitoring by bankers, Accountants and tax authorities. To summarize, the agency theory of dividend in general, and the cost minimization model in particular, appear to offer a good description of how dividend policies are determined. The variables in the original cost minimisation model remain significant with consistently signed estimated coefficients, across the other six models reviewed above. Specifically, the constant is, without exception, positively related to the dividend policy decision, while the agency costs variable, the fraction of insider ownership, is consistently negatively related to the firmsà ¢Ã¢â€š ¬Ã¢â€ž ¢ dividend policy. The latter is with exception of the study by Schooley and Barney (1994) where the relationship is found to be of a parabolic nature. Similarly, the agency cost variable, ownership dispersion, is consistently positively related to the firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s dividend policy, while the transaction cost variable, risk, is consistently negatively related to the firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s dividend policy regardless of the precise proxy used. The other transaction cost proxies, the growth variables, are also mainly significant and negatively related to the firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s dividend policy, although past growth appears to be a less stable measure than future growth. However, in spite of the apparent goodness of fit of the cost minimisation model to US data, its applicability to the Indian case may be challenged. Indeed, Samuel (1996) hypothesises that agency problems are less severe in India compared with the US. In contrast, it may be argued that some aspects of the Indian economy imply a particular suitability of the agency theory, and of the cost minimisation model, to this economy. Notably, as explained in Haque (1999), many developing countries, including India,established state-centred regimes following their independence. These regimes drew their ideology from socialist and Soviet ideas and were accompanied by highly centralized economic policies, which may increase agency costs in at least three ways as follows. First, such policies may increase managersà ¢Ã¢â€š ¬Ã¢â€ž ¢ agency behavior per se. Indeed Joshi and Little (1997) note that when domestic firms enjoy subsidies or a policy of protectionism, the pressure on managers to become more efficient is relaxed. Second, high state intervention means an extension of agency problems to shareholder-administrator conflicts. Indeed, Hansen, Kumar and Shome (1994) show that the degree of industry regulation enters the dividend policy decision. Third, to the extent that management of the economy is based on social philosophies of protecting the weaker sectors such as employees or poorer customers, this may influence managers to consider the interests of non-equity stakeholders. This all method of stock can also been seen that the ups and down in the stock market is only the gamme of risk but if we discussed and see the main game is played by a mathematician who play the whole game behind the market and people are unaware of these things they are only focusing on there on shares and now be more effective due to the ups and downs in the rate of the stock market. This implies that stakeholder theory should be particularly relevant to the Indian case, and, as shown by Holder, Langrehr and Hexter (1998) this may lead to a downward pressure on dividend levels. However, the relevance of stakeholder theory to the Indian case also implies enlargement of agency problems to conflicts of interests among capital holders and other shareholders, increasing the need for shareholders to monitor management behaviour. It is thus the case that on the one hand stands the prediction by Samuel (1996) that agency costs should be lower in the Indian business environment. This implies that the agency rationale for dividends should be less applicable in the case of India. To contrast this, the agency rationale for dividends is predicted to become particularly applicable to India, due to the extension of agency conflicts on at least three accounts as explained above. An empirical procedure is the natural way to settle these differences and it is to this task that we now turn. 1.8 Overview of the Dissertation Chapter 1 is a general summary and a brief introduction of the study. It mapped out the research aims, research objectives and research questions. It also suggests topics for complementing research, and an overview of the dissertation. Chapter 2 will be the review of the related literature that will put the study in context with the research aims. It will proceed with addressing the research objectives, thereby meeting the research aims. Chapter 3 will present a detailed picture of the methodology. Chapter 4 will expound on the discussions of the study and the final chapter shall present the conclusions and recommendations of the study. 1.9 Conclusion The study develops an elaborate discussion on how to effectively be in the Stock market and a brief discussion on Stock market of India such that results favourable to it will commence using empirical data from secondary documents. Chapter 2 Dividend behaviour of Indian firms after share split 2.1 DIVIDEND BEHAVIOR As we have to discussed in this section about the dividend behaviour so it can be discussed,dividend policy remains a source of prolonged public disagreement despite years of theoretical and practical research, one aspect of dividend policy is the link between dividend policy and stock price risk . Risk can be reduced by paying large dividends (Golin 1986) and is a proxy for the later on earnings (Basken, 1990). Many theoretical mechanisms have been given advice that cause dividend policy and payout rolls to vary directly with common stock volatility. These are the effect of duration, effect of rate of return , pricing effect and information effect. Duration effect complies that high dividend rolls give more near the amount of money being transferred. If dividend policy is stably high dividend stocks will have a shorter time. Gordon john Model can be used to suggest so that high-dividend will be less intensive to Rise and fall irregularly in number or amount in discount rates and thu s ought to show higher price volatility. Now we can also take a look on some agency type reports being played in stock market agency cost argument, as developed by Johnson and Micken (1970), that is payment of dividends people motivates managers to remove sediment cash which is invested below at the cost of capital or waste on it on organizational capabilities (Roeff, 1991 and Eastrbrook 1990). Many authors have pressure the importance of facts content of dividend (Daniel and Thomson, 1989; Bern, Mosey 1989). Diller and Rack (1986) suggested that dividend announces provide the missing cuts of Facts and figures about the firm and allows the market to tell about the firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s current savings. The main thing in the dividend policies is that if one company suggests the rate of its share too low all the investors which want to purchase the shares are the same as the stake holders are willing to do so and that back in the loop. Investors may have greater trust on that reported earnings reflect economic profits and loss statements when announcements are as a companion or escort by sample dividends. If investors are more certain in their suggestion, they may ere act less to questionable sources of facts and figures and their main theme value may be insulated from irrational development, or behavior. The best discussion be made on this topic can be emphasized as rate and effect of market rate of return effect, as discussed by Godin (1967), is that a firm with low payroll and high dividend interest may tend to be valued more in terms of future investment chances (Daisy, 1965). As a result, its stock price may be more intensive to changing rates of return over rare time intervals. Volatility Index is a major tool of measuring marketà ¢Ã¢â€š ¬Ã¢â€ž ¢s expectation of volatility over the next term. Volatility is often described as the à ¢Ã¢â€š ¬Ã…“rate and magnitude of changes in pricesà ¢Ã¢â€š ¬? and in stock often suggest to as risk. Volatility Index is a measure, of the amount by which an Index is expected to change over the time, in the next term, (calculated as analyzed volatility, denoted in percentage e.g. 40%) based on the order book of the index options. Fama (1992) and Fames and French (1995).People were speechless, many broke. 2.2 THEORETICAL FRAMEWORK AND MODEL SPECIFICATION 2.2(a) Control variables: Share price ups and downs should be relevant to the basic risks ensured in the product markets. There is a impact of stock marketà ¢Ã¢â€š ¬Ã¢â€ž ¢s risk on the firms dividend policy. Volatility Index is a good indicator of the investorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ behavior on how markets are expected to be changed in the next term. Usually, during periods of market volatility, market moves steeply up or down And the volatility index tends to rise. As volatility subsides, option prices tend to Decline, which in turn causes volatility index to decline. The information of the less listed firms the market in the stocks of small listed firms, more illiquid, and as a complicated subject to greater price in the ups an down of the stock market. Baskin (1985) suggests that firms with a more deplored body of stakeholders may be more disposed off towards using dividend policy as a device for signaling. Function of size and thus a size control was required in the form of latter. A value of 2 indicates there appears to be no distortion. Small values of d indicate relevant and supporting error terms are, on average, close in value to one another, or positively corrected .It is also possible that main and important differences in market hall hull, cost effectiveness, restrictions in varying infrastructure etc. This all lead to differences in dividend policy. These also have impact on ups and downs of the share prices in the stock. 2.2(b) Variable definition Price volatility (PV) The policy of central planning adopted by the government sought to ensure that the government laid down marked goals to be achieved by the economy thereby establishing a regime of checks and balances. The government also encouraged self sufficiency with the intent to encourage the domestic industries and enterprises, thereby reducing the dependence on foreign trade. Although, initially these policies were extremely successful as the economy did have a steady economic growth and development, they werenà ¢Ã¢â€š ¬Ã¢â€ž ¢t sustained. Square root transformation can be used to show the average measures of variance for all available years and can be transformed to a standard deviation. Parkison (1982) describes the method of closing and opening prices how this method is very easy to the traditional method of summation. 2.2(c) Dividend yield Policy (DYP) The variable has been calculated by the summation of all the annual cash which have to paid to common stake holders and then dividing this sum by the average stockà ¢Ã¢â€š ¬Ã¢â€ž ¢s value of the stock in the year. The government approached the World Bank and the IMF for funding. In keeping with their policies there was expectation of devaluation of the rupee. This lead to a lack of confidence in the investors and foreign exchange reserves declined. 2.2(d) Earning volatility Of Stock (EV) In order to develop our sense about this variable, the first step is to get an approximate average of available years of the ratio of last year going earnings (before taxes and interest) to intellectual assets. In order to compare the shocks to US markets over countries and the sample period, it is Necessary to impart shocks of the à ¢Ã¢â€š ¬Ã…“same magnitudeà ¢Ã¢â€š ¬?. Since financial markets are volatile, it Would be misleading to compare shocks of the same nominal magnitude across different Periods of time. Thus, the responses of the Asian markets have been tracked to a one standard Deviation shock in the US variable. 2.2(e) Payout Ratio (POR) When total dividend exceeds total cumulative profit than payout ratio is set to one. From begin the total cumulative self owned company earnings were calculated for all years. The ratio of total dividends to total earnings is payout. The use of this procedure controls the problem of extreme values in individual years attributed to low or possibly negatively effect on the net income. 2.2(f) Size (SZ) The variable was so made by taking the average market value of common stocks. The variable size was also think in a form that gives impact in the order of magnitude in real terms. 2.2(g) Long-term Debt (DA) Sum of all the long-term debt (debt with maturity more than a year) to total assets is taken as a ratio. An average is taken over all available years. 2.2(h) Growth in Assets (ASG) The ratio of the change in total assets in a year was taken by the early growth. Then the ratio was averaged over the years. 2.3 Conclusion In this chapter Present day India enjoys the status of an emerging market. Skilled and managerial labor and technical man-power are such as that they match the best available in the world. Urban middle-high class people has been targeted from the chasing of the market these people did not know about the superior brands and ups and down of the market the status of people very much matter in the stock market. A combination of these factors contributes to India having a distinct and a cutting edge in the globe. India has been termed as the à ¢Ã¢â€š ¬Ã‹Å"stealthà ¢Ã¢â€š ¬Ã¢â€ž ¢ miracle economy of the new millennium. We observe a common pattern of triggered by changes in the market and technological environment. Changes adopts in the form of innovation, avoidance and of regulation.

Sarah Grimke and Frederick Douglass - 1084 Words

When I mention the names Sarah Grimke and Frederick Douglass what comes to mind? Abolitionists? Equal rights activists? Of course, these two individuals are making great strives to fight for what they believe in. The sad thing about it is that we dont have enough people with the likes of these two. England abolished slavery in 1834 so how long will we go on with this inhumane cruelty toward people. Our country is in a state of denial and if we dont wake up soon, we will all pay the price. Im going to discuss a little bit about these two abolitionist speakers, than compare and contrast their roles of rhetoric, morality, ideas, and backgrounds. They are Sarah Grimke and Frederick Douglass. Sarah was born in 1792 and Frederick was born†¦show more content†¦Both speakers had to face this fear but because of their unsubmissive beliefs for their cause, they still wanted to take that chance. Ironically, Sarah was formally chastised in print by Catherine Beecher, a prominent educator who objected not only to her position for immediate abolition but also to her unwomanliness in defending it in public (Intro.Pg1046). This pushed Sarah to her highest limitations and encouraged her to write Letters on the Equality of the Sexes and the Condition of Woman. Sarah angry at the way woman has been treated, makes a powerful statement-hoping woman will wake up. She writes, Women has inflicted an injury upon herself by submitting to be thus regarded; and she is now called upon to rise from the station where man, not God, has placed her, and claim those sacred and inalienable rights, as a moral and responsible being, with which her Creator has invested her (Letters on the Equality of Sexes Pg.1053 col.2) Both Sarah and Frederick were speakers for The American Anti-Slavery Society. Sarah spoke in (A.A.S.S.) a little before Frederick, seeing as how she is a little older, but both making huge impacts. The Herald of Freedom, another local newspaper, praised his elegant use of words, and his debating skills. He has wit, arguments, sarcasm, pathos - all that first rate men show in their masterShow MoreRelatedAmerica s New Tax Laws Essay1579 Words   |  7 Pageswomen as well as slaves regarding equality between genders and race. As time went by these ideas became more clear since slavery was vanishing from many other places except from the united states. The document â€Å"Letters in the Liberator† by Angelina Grimke is a powerful piece. The end of the revolution didn’t change the status of women. According to Eric Foner, â€Å"men took pride in qualities like independence and masculinity that distinguished them from women and still considered control over their familiesRead MoreThe First Major Crisis Of Slavery890 Words   |  4 PagesPro- Slavery movement was to keep slavery because thought slavery was the only reason they were still profiting and surviving during that particular period. To begin with, Frederick Douglass, a former slave wrote and spoke about the establishment of slavery and southern culture based on his youthful experiences as a slave. Douglass is a powerful speaker for the abolitionist movement and became a leader of the anti-slavery movement. One of the main reasons for his writing of the Narrative was to proveRead MoreEssay on Harlem Renaissance Poets1206 Words   |  5 Pagesand reared by a woman named Mrs.  Elizabeth  Porter, who was probably his paternal grandmother. (Brown, 2012) His real mother did not contact him until he became famous in the 1920s. At the age of 15, Cullen was adopted unofficially by Reverend Frederick A. Cullen and his wife, Carolyn. The Christian upbringing is apparent in the poem as the poet grapples with the issue of why God is good yet bad things and people exist and are persecuting blacks with tortuous deaths. As a schoolboy, Cullen won  secondRead MoreThe Original Riot Grrrls By Elizabeth Cady Stanton1385 Words   |  6 Pageswriting articles for abolitionist newspapers and also sent signed petitions to Congress (â€Å"Rights for Women†). The Grimke Sisters, Angelina and Sarah Moore Grimke, conducted speeches about â€Å"freeing and educating slaves† towards both male and females (â€Å"Rights for Women†). These sisters and other abolitionists wanted to make a stance on human rights. However, because of their gender, the Grimke Sisters and other women were not given the proper treatment that took their collective opinions and actions inRead MoreThe Reform Movements of America1272 Words   |  5 Pagesnot get an education or practice professions or most occupations, and women were even kept out of the controlling boards of most churches (Eisenberg Ruthsdotter, 1998). The abolitionist Frederick Douglass was involved in the womens rights movement along with Elizabet h Cady Stanton, Lucretia Mott, and the Grimke sisters. There was an immediate backlash to the Declaration of Sentiments at the Seneca Falls Convention, with many ridiculing the idea that women believed they deserved these rights, andRead MoreSlavery Was An Institution That Caused By The North And South Of The United States1531 Words   |  7 Pagesabolitionists in the north saw right through southerner’s proslavery ideology, and refuted their claims on the grounds of morality, equality established by the document of their own nation, as well as false economic growth. Abolitionists such as Frederick Douglass and William Lloyd Garrison used their education and ability to write to promote these justifications for abolishing slavery. Between the years of 1820 and 1860, the number of slaves in the nation grew tremendously, and expanded further intoRead More Narrative of the Life of Frederick Douglass Book Report Essay2028 Words   |  9 PagesIn the Narrative of the Life of Frederick Douglass, Douglass has the ability to show the psychological battle between the white slave holders and their black slaves, which is shown by Douglass own intellectual struggles against his white slave holders. I will focus my attention on how education allowed Douglass to understand how slavery was wrong, and how the Americans saw the blacks as not equal, and only suitable for slave work. I will also contrast how Douglass view was very similar to thatRead MoreThe American Revolution: The Changing Role of Women Essay1079 Words   |  5 Pagesthe â€Å"cult† included Catharine Beecher and Susan J. Hale. Catharine Beecher wrote Treatise on Domestic Economy for the Use of Young Ladies in 1841, which acted as a guidebook for wo men, in which she instructed them how to do their household chores. Sarah J. Hale was the editor of the magazine, Godey’s Lady’s Book. In her magazine, she explained how women shouldn’t deal with politics and such because there were more important subjects for women to learn about (most had to do with their sphere). SomeRead MoreWomen s Rights Of Women1094 Words   |  5 Pageschildren. Throughout the civil rights movement, inspiring women helped gain rights that continue to liberate women to this day. Thousands of women were involved in the movement to abolish slavery. Many wrote articles and petitions. Angelina Grimke and Sarah Moore Grimke were two influential women who spoke against slavery. Although many did not approve, it did not stop them and they began the advocate for women’s rights. Women hoping for freedom began to realize the similarities between themselves andRead MoreReform Movements: Part B Essay724 Words   |  3 Pagesreformers tried eliminating in the time period. The abolition of slavery had many reformers behind it. Two very important men trying to achieve this were Frederick Douglass and William Lloyd Garrison, a white man, going to show there was support from all types of people. Two of the women’s rights advocates were Elizabeth Cady Stanton and Sarah Grimke. They both achieved great things to help out their cause. Although slavery and gender equality are arguably the most important evils in the time period

Claude Monet More than an Impression Essay example

Claude Monet: More than an Impression From Alaska to Australia, Claude Monet is renowned for his contribution to the artistic world. Specifically, Monet is accredited with inspiring the subfield of impressionism. His painting, Impression, Rising Sun, (1873) is said to be the first impressionist painting (Taschen 31). This canvas vaguely pictures a small, lonely boat floating in front of a brilliant orange sun. This sun is surrounded by blue and grey tones that leave the viewer slightly chilled from the brisk early morning sense of the painting. The fact that the lines are blurred and the picture is without graphic detail led Louis Leroy to call its creator an impressionist. The impressionist movement stormed through Europe in the latter†¦show more content†¦During this period, dirt roads were replaced with large boulevards and railroads in just one of the many transitions underway at the time. These physical transitions also reflected the ongoing mental transition in French society. As France industrialized, its new methods of transportation made the movement of ideas from other parts of the world more practical. Thus, the ultra religious mindset that had dominated France prior to this time period started to weaken as technology and world awareness increased. Religion was partially replaced with modernity. In essence, the cathedral, which had previously represented France, was replaced by the train: new, powerful, and mechanism for cultural exchange. Saint-Lazare train station It is the Saint-Lazare train station which inspired Monet to paint a series of eleven paintings about the station in 1876 and 1877 (Taschen 93). This series focused on the changing aspects of light within the station and each picture was created at different times of the day. Further differentiating the Saint-Lazare canvases was the fact that not all of them were painted inside the station. Emile Zola, a famous writer and contemporary of Monet, described his paintings thus: You can hear the trains rumbling in, see the smoke billow up under the huge roofs....That is where painting is today....Our artists have to find the poetry in train stations, the way their fathers found the poetry in forests andShow MoreRelatedA Group Of French Artists In Paris, Of Which Included Claude1641 Words   |  7 PagesA group of French artists in Paris, of which included Claude Monet and Berthe Morisot, worked together in their academic painting, while rejecting Salons and becoming independent from the Acadà ©mie. They created a self-supporting group rather than relying on state-sanctioned institutions (Stokstad 987). Impressionists challenged the way paintings were viewed, and critics often viewed their paintings as unfinished. As a result, they unknowingly started the movement of Impressionism, and the movementRead MoreImpressionism as a Avant-garde Movement970 Words   |  4 Pages1. INTRODUCTION This essay analyses the aesthetic and ideological underpinnings of the Modernist artwork, Impression, Sunrise of Claude Monet. The artwork and Impressionism is considered to be a visual articulation of the avant-garde and the latter statement is explained. References to the writings of Charles Harrison, Clement Greenberg and Wilhelm Worringer is used to theorise the aesthetics of modernity. â€Æ' 2. IMPRESSIONISM AS MODERN ART Modernism is the heartbeat of culture, or as ClementRead MoreThe Art Story Foundation ( Asf )929 Words   |  4 Pages The Art Story Foundation (ASF) (2015) discusses Claude Monet (1840-1926) as one of the leaders of French Impressionism of the late nineteenth century. With Edouard Manet (1832-1883) as an inspiration, Monet developed his own distinctive style in the 1860s. He blurred the clarity of forms and linear perspective with bold colors emphasizing on qualities of light and atmosphere going against traditional artistic precision. Monet’s Impression Sunrise (1872) was not well received. As a result ofRead MoreClaude Monet And Pierre Auguste Renoir1302 Words   |  6 Pagesin life, Claude Monet and Pierre-Auguste Renoir were both aspiring artists with similar passion and style. Early in their careers, both artists painted alongside each other on the Seine River. These paintings, while not their most famous pieces, can be compared and contrasted against one another due to the similarity of the scene. Contrasting Monet s paintings to Renoir s paintings renders the ability to discern particular characteristics unique to each Monet and Renoir. Claude Monet -- BriefRead MoreThe Impressionist Period : The Impressionists Techniques Developed During The Late 1800s1678 Words   |  7 Pagesfrom the strict academic thoughts on painting, liberating themselves from the rules and traditions of the painters of the time. Impressionist focused less on achieving perfectly finished and realistic works of art, and focused more on portraying their immediate impressions of daily scenes. They sought to objectively record reality in terms of moving light and color instead of the traditional stationary light and single focal point used at the time. The Impressionists didn’t feel the need to paintRead More Impressionism Essays1105 Words   |  5 Pagesheld a major role in the development of Impressionism. Through the many influences of Eugene Boudin, artists expressed themselves through the utilization of color and light, a technique still used today. World famous Impressionists were inspired by Monet, Manet, and Renoir. Through the advancements of the Realists, Impressionism became a state of mind, in which artists could convey their personal visual reality through the effects of color and light. The post-renaissance period is largely consideredRead MoreA Brief Note On Impressionism And Post Impressionism958 Words   |  4 PagesImpressionism began which was a result of French artists rejecting traditional government and their standards. In 1874, the first independent art exhibition was held. A few of the famous artists’ who participated and organizing this exhibition was Claude Monet, Berthe Morisot and Pierre-Auguste Renior along with several other artists. This group of artists referred to themselves as the Anonymous Society of Painters, Sculptures, and Engravers. The exhibit lasted for one month and displayed approximatelyRead MorePainting Analysis : Claude Monet1585 Words   |  7 Pages Claude Monet, a french painter, painted the Church at Varengeville, Grey Weather, in the year 1882, in the midst of his artistic career. Varengeville-sur-Mer is a small commune in the Seine-Maritime of the north-western region in France. The painting is oil paint on a canvas about 25 by 32 inches, and hangs directly on the wall, in a simple ornate frame.The work’s current location is in the Speed Art Museum, in Louisville, KY. The artwork is hung at a horizontal orientation. In the upper leftRead MoreClaude Monet s The Impressionist Era984 Words   |  4 Pages1840, Claude Monet would later become a leading artist in the Impressionist era. At a young age, Monet had a passion for nature and art and in 1859, Monet began to study art in Paris. Here he met many artists such as Bazille, Sisley, and Renoir. Monet practiced painting en plein air or moving from inside the studios to painting outside in the open. Embodying the Impressionist era in 1873, Monet painted Impression, Sun rise†, showing many characteristics that define Impressionism and Monet s paintingRead MoreTaking a Look at Impressionism3412 Words   |  14 Pagesconstructs his picture in his studio from a series of preparatory sketches or studies. His eye may not be more searching but it becomes conscious of a different set of visual data. He becomes less and less concerned with the nature of the object - figure or landscape - he happens to be painting, and more and more conscious of the appearance of the object at a particular moment of time. For Monet, at work on a picture of Rouen Cathedral, what his eyes encountered was not a Gothic structure but an envelope

Leadership Behavior of Ben and Phil

Questions: 1. Describe and compare the leadership behavior of Ben and Phil. Describe each managers use of specific task and relations behaviors? 2. If you were the manager of this plant, what would you do to achieve both high employee satisfaction and high performance? Answers: 1. Ben Samuels is a plant manager for 10 years in Consolidated Products and is replaced by Phil Jones. Ben has adopted democratic or participative leadership style in which employees are engaged in the decision making process which results in the adoption of new changes in the organization in an easy manner. This plant manager communicates on one to one basis with the employees in order to provide solutions to their problems in an effective manner. Besides this, the manager has also planned to organize different fun activities such as picnics, holiday parties in order to keep friendly environment in the organization. Besides this, the manager also knows each employee by their name due to which employees feel valued by the manager (Hood, 2007). This has resulted in increased retention rate of the employees in the organization. However, there is an increased costs and decline in the production level of the plant as the objectives and standards are not set by the manager as well as department heads which results in decline in the overall productivity of the organization. In addition to this, employees work in an efficient manner in the company as they are highly motivated to work for achieving the goals of the company. The plant has running in the loss as optimum level of production is not met by the company. Under the leadership of Ben, employees are ready to work overtime to achieve the target as they have a trust in their leader (Slack and Parent, 2006). Under such type of leadership, there is an existence of high level of employee satisfaction in the company as the leader consider the opinions and views of the employees to bring changes in the organization. Along with this, employees also provide full support to their leaders in overcoming the challenges faced by the company. Under this leadership, the manager tried to avoid the occurrence of employee layoff in the organization as the manager believed that it is difficult to find the replacement of skilled employees in the organization. Along with this, Ben also shifts the employees to other department or provide other task if they are disable to perform the earlier task due to occurrence of injury. Ben treat its employees in a fair and proper manner which results in the increase in the motivation, commitment and loyalty of employees towards the organization (Murari, 2015). In contrast to this, Phil Jones has practiced transformational leadership in order to bring changes in the plant to increase the productivity and reduce the overall cost of production. Phil has communicated to the supervisors to establish different standards in order to increase the production level of the company. Phil has reduced the costs by decreasing different activities that are provided to employees such as fitness center, reduction in company picnics and parties and the training programs provided to supervisors (Schppel, 2014). This manager considers provision of training to supervisors is a waste of time and cost. In addition to this, Phil also believes in replacing the employees with new employees if employees do not want to work. This has resulted in increased employee turnover in the company. The manager asked the supervisors to set high performance standard for their department and encourage employees to achieve these goals. Along with this, the performance of the employees is verified and monitored by the computer monitoring system adopted by the company under the leadership of Phil Jones. Phil has established a policy that the supervisors should provide one warning to the employees who have not met the standard and fire the employee if it does not achieve the target within the two weeks of provision of the warning (Uzonwanne, 2007). The leader also supervises the performance of supervisors in a close manner and weekly meetings are organized for the purpose of reviewing the performance of the departments. Phil Jones also fire employees if they saw an employee making mistake as it is considered as a waste of time and resources by the leader. Under this leadership, there is a reduction in the cost incurred in the maintenance of the equipments in the plant by the way of reducing the frequency of equipment maintenance (Marques, 2007). The main reason behind it is that it has an adverse impact on the production carried out in the organization. Such activities results in an increase in the production output by 10% and reduction in the production costs by 20%. However, the company also found difficulty in finding the replacements for the workers who left the organization either voluntary or through terminated by the leader. These activities results in formation of the worker union in the organization under the leadership of Phil Jones (Jackson and Smith, 2011). 2. It is recommended that I would adopt of transactional leadership style in which there is a need to set goals by engaging the supervisors and consider their views and opinions. Besides this, it is also essential to establish a communication platform that help employees to share their experiences, knowledge with other employees and supervisors which results in solving their problems. It is also requisite to establish a system which helps in monitoring the performance of the employees and provide compensation to the employees on the basis of their performance (Bonnici and Cooper, 2011). I would also provide rewards to high performers which helps in motivating the employees to increase their performance in the organization. Besides this, it is also essential for the employees to discuss the problems faced by them with other employees in order to gain the solution for the problem. Besides this, training programs are organized for the purpose of enhancing their existing and new skills which are required to perform different tasks in the organization. Along with this, the goals and objectives are clearly communicated to the employees so that they have knowledge of what has to be done to achieve the goal or objective of their team (Iqbal, 2011). References Jackson, J. and Smith, L.B. 2011. Leveraging Your Leadership Style. Abingdon Press. Marques, J. 2007. The Awakened Leader: One Simple Leadership Style That Works Every Time, Everywhere. Personhood Press. Murari, K. 2015. Impact of Leadership Styles on Employee Empowerment. Partridge Publishing. Schppel, F. 2014. Differences and Similarities between Charismatic and Transformational Leadership. GRIN Verlag. Uzonwanne, F.C. 2007. Leadership Style and Decision-making Models Among Corporate Leaders in Non-profit Organizations. ProQuest. Hood, J.D. 2007. Transformational and Transactional Leadership Styles: An Exploratory Investigation of Traditional and Nontraditional Student Perceptions. ProQuest. Slack, T. and Parent, M.M. 2006. Understanding Sport Organizations: The Application of Organization Theory. Human Kinetics. Bonnici, C.A. and Cooper, B.S. 2011. Creating a Successful Leadership Style: Principles of Personal Strategic Planning. RL Education. Iqbal, T. 2011. The Impact of Leadership Styles on Organizational Effectiveness. GRIN Verlag.