Essays of Pochury Festival

STORY BEHIND SEPTEMBER 6 BLACK DAY| | On August 14, 1960, the Naga Army assaulted Assam Rifle out-post at Thuda (Phor town) in Pochury region. The assault was embraced by the Eastern Command’s first Brigade under the order of Major General Zuheto, alongside the then fourth contingent of Pochury Region under the order of Lt. Colonel Thorpa. The storm was at its stature during the time and every single significant stream like Tizu, Lanye and Thethsii were in full spate. The assault was propelled in the wake of decimating all the six extensions on all the streams. This was done to prevent support from arriving at the blockaded armed force post.As the assault proceeded into the thirteenth day, ammo on the two sides were running low and on a few events the Indian Air Force plane attempted to drop alleviation material and ammo however were forestalled by the Naga Army. Simultaneously the Indian Air Force stream warriors barraged the attacker’s positions. An Indian vehicle pla ne (Dakota) attempting to drop alleviation materials and ammo to the blockaded post was shot somewhere near the Naga Army on the fourteenth day of the attack and crash arrived at Zathsii, a paddy field of Meluri town. The Naga Army caught all the 9 (nine) aviators including Flt.Lt. A. S. Singh. This prompted an overwhelming armed force activity in Pochury territory by the Indian Army, who was set for search and salvage the caught aviators, none of whom were ever tormented yet were later liberated through the Red Cross. During the time spent the military activities to save the pilots numerous towns were burned to the ground and untold monstrosities and torments were caused upon the residents. On September 1, 1960, 6 (six) locals from Phor town were tormented to death. Their names are Lt. Turachu, Village Chief, Lt. Yutsuchu, Pastor, Lt. Chupuchu DB, Lt. Yituchu GB, Lt. Turuchu GB, Lt. Mughazu GB.Again on September 3, 1960 another 3 (three) townspeople from Yisi town were pounded the life out of to be specific Lt. Mazu GB, Lt. Throchu, Lt. Mazu RP. Two residents Lt. Yichuhu and Lt. Nyupuchu. from Mokie town were likewise pounded the life out of. In Laruri town, Lt. Lingsang was covered alive after extreme beating. Lt. Nyukhrusuh and Lt. Rhorupa of Meluri town were beaten harshly and after which, their heads were slashed off. Two towns, in particular Tsikuzo and Kuluopfu, were deserted because of torments and mortifications distributed by the Indian armed force. On sixth September 1960, the Punjab Regiment posted at Kangjang town came to Matikhrii town around 10 am.The whole town was encompassed in three rings and all the townspeople were requested to accumulate in one spot. Men society were isolated from ladies and youngsters. All the men were made to continue hopping and do sit-ups, for over 5 hours in the searing sun, bare. Any indications of sleepiness were met with kicks and hits with rifle knobs. At that point not long before nightfall, Indian armed force n ot happy with the discipline dispensed to the residents, gathered them together inside the Village chief’s house and had to sit heads down like a sheep being lead to its butcher. Lt.Thah, the then Village head, recognizing what was coming up for them fearlessly elected to forfeit. He stood valiantly for the Naga cause even to his final gasp and said â€Å"It’s a man’s pride. No acquiescence, no trade off for our claim. This penance is to secure our opportunity. I will readily set out my life for the Naga group of people yet to come. † Then an Indian armed force jawan, holding a dull dao(hatchet) cleaved off the head of Lt. Pogholo who was first in the line. Seeing the mercilessness and repulsiveness before their eyes and realizing that every one of them would have been slaughtered, one of the residents figured out how to get away from the execution forcefully.Then in a steady progression heads moved down isolated from the bodies, and in the occasion an ag gregate of nine lives were lost. Their names are Lt. Thah, Lt. Pogholo, Lt. Mezitso, Lt. Pongoi, Lt. Eyetshu, Lt. Zasituo, Lt. Thitu, Lt. Kekhwezu, Lt. Kezukhwelo. The Indian armed force didn't permit the friends and family to perform last rituals and customs for the dead. All the dead bodies were dumped inside the town chief’s house and were torched to cinders alongside different houses and granaries.The ladies and kids who had fled to the wilderness to sidestep the awfulness and torment of Indian Army returned the following morning to locate the entire town torched to remains. Lt. Thitu who barely got away from the execution was found by his better half Mrs. Rhiitariih with three cuts on the neck, stomach sliced and digestive organs tossed out. He cited â€Å"Love, tell my dearest youngsters the penance I have borne for them and I am standing by to kick the bucket in your lap with some water† and subsequent to drinking, he inhaled his last. Another casualty Lt. Zasit uo, voyaging Pastor, was likewise discovered practically dead with numerous wounds on his chest and neck.Not long after, he kicked the bucket. At that point the alarmed ladies and youngsters without any methods essentially secured the dead bodies with mud and left for the wildernesses dreading the Indian armed force may turn up whenever. For quite a long time together, the survivors meandered in the profound wilderness without legitimate food and safe house. The wild berries and products of the wilderness were their solitary food and methods for endurance. The main solace and support they could provide for one another was the information on radiant penances made by their men society. The wild creatures and winged animals of the wilderness were their lone mates, other than themselves.In extraordinary states of hardships and trouble, a lot increasingly valuable lives were lost. The Naga Army at that point acted the hero. They were given food, sanctuary and security. Indeed, even today , the bad dreams and disaster of the episode despite everything stay new in the brain of the survivors. In this long scattering and mass migration, the survivors entered Burma and remained with the Naga Army in their camp at Sathi where Gavin Young of London Observer met them in the later piece of 1961. In his book â€Å"Indo-Naga War†, page 29-30, he composed that when he met the survivors, there were just a pitiful thirty people.They spent their lives in the wild for two and half years. In 1963, town re-foundation occurred however typical life couldn't be reestablished for a long time. The individuals of Pochury have since the time watched sixth September as â€Å"BLACK DAY† in memory of every one of the individuals who had endured and set out their lives for the more prominent brilliance and opportunity of the Nagas. It is a day of misery and a day to affirmation of the penances made by the saints. Khuosatho Nyusou, President, P1ochury Hoho Kohima (PHK). (Civility: Pochury Students Union. )|

The reasons why the British, from Parliament to the Expeditionary Essay

The reasons why the British, from Parliament to the Expeditionary Forces, were vanquished by a less prepared and more vulnerable American armed force in the American Revolutionary - Essay Example How could a gathering of states spread out over an immense district with no focal government or treasury and a military that was insufficiently prepared and prepared perhaps rout the British who were the most remarkable military power around then? England had controlled over the thirteen provinces in America for over 200 years before the Revolution. By the start of the Revolution, the wars against France battled on the two sides of the Atlantic had troubled Britain with a monstrous national obligation. To facilitate the national obligation, Parliament forced charges on the homesteaders trusting it quite reasonable that they bear some portion of the costs brought about by the British military in shielding them from Indian assaults and French intrusions. The Stamp Act burdened paper products sent to the settlements. It was the first of these laws while, with the tea charge, was one of the most scandalous of these laws. The settlers thought imposing taxes without any political benefit in the British government to be uncalled for and straightforwardly fought these laws which prompted threats between British soldiers and the Massachusetts Minutemen in 1775. This and different clashes with the ‘Red Coats’ prompted homes teaders framing the Continental Congress which quickly made the Continental Army and in 1776, marked the Declaration of Independence (The American Revolution, 2006). The Americans, outmatched by more than three-to-one, were typically crushed in most of fights that happened during the war’s first year. Be that as it may, the Americans’ fortune started to change following the triumphs at Saratoga and Germantown in 1777. These significant first triumphs gave expanded validity to what had recently been generally considered as a sloppy, minor uprising sure to be vanquished by the compelling British armed force. By 1778, France had become persuaded that Britain had the possibility of being crushed. Needing just this,

How to Exit a Company Exclusive Negotiations vs. Auction Process

How to Exit a Company Exclusive Negotiations vs. Auction Process As much as every business owner would like to think that his business will last for the longest possible time, it is a sad truth that nothing lasts forever. There is bound to come a time when the business can no longer carry on, or the business owner may no longer be able to run the business.At the risk of sounding morbid, even when you are drawing up a business plan, it is a good idea also to make plans on how to wrap things up neatly, and to your advantage. In other words, entrepreneurs who are going into business should have an exit strategy in place. This is not being pessimistic; this is called planning ahead and being realistic. © Shutterstock.com | ASDF_MEDIAIn this article, we will learn about 1) exit strategies, 2) primary exit strategies, and 3) exclusive negotiations vs. an auction process.EXIT STRATEGIESAn exit strategy is defined as the method by which a business owner intends to get out of an investment he or she has made.In this context, an exit strategy is simply put, a way to pull your money out of the business.What is the main reason for having an exit strategy?From the point of view of investors, the only time they can see a return on their investment is when they cash out, or when the company has been sold. Of course they would want to collect what is due them; it is, after all, their money that has been invested. Therefore, it is important for the business to plan an exit.From the point of view of the owners, the business may have lost its novelty or the challenge has “dulled”. Sure, things were exciting when it was still in its initial stages, and making it grow was a huge part of the fu n. However, the owner may find that the fun is no longer there once it has grown so much.Having an exit strategy in place will improve the probabilities of success in cashing out, and even ease and speed up the process. Since there is a plan for an exit, it is likely to increase the ultimate valuation of the business.Having an exit strategy is very important.PRIMARY EXIT STRATEGIESLiquidate the business. To cut the long story short, business operations will shut down, the business will close its doors, and it will liquidate. There are various reasons for this exit strategy, such as major upheavals, a market implosion or crash, or the owners simply want out. This is deemed to be the easiest way out since there are no negotiations involved. Issues, however, could arise among and between shareholders with regards to what will be left to them after the liquidation has been finalized.Just take money out. Technically, you will be turning the business into a cash cow. This does not mean, h owever, that you should milk it dry. This exit strategy only works if the business is thriving, with a steady stream of revenue, in a secure market. Get the cash, pay yourself, pay off the investors, pay someone else to continue running the business for you, and enjoy the money as it comes in. You are still, after all, the owner. Beware of any negative tax implications, however. As you pull money, it may go into your salary, and you will end up paying a higher income or compensation tax.Sell the business in an acquisition transaction. In an acquisition, the business is bought out by a larger player in the industry. Bigger companies often prefer purchasing smaller companies because it is a faster way to increase revenues instead of coming up with new product or service offerings on their own. It is also a way to eliminate the competition. The key here to make the most of the exit strategy is to find the right acquirer. From there, you would have to undergo negotiations, particularly on the price and valuation. Of course, this also means that you have to make sure the business will look attractive to potential acquirers.Sell the business to a friendly buyer. In this scenario, the buyer is a friendly party, or someone you trust will take care of the business. Ideally, the buyer must have the skills and the know-how that the business owner does not, especially with respect to running the business. Business owners are not averse to this exit strategy since it will allow them to get paid and take some time off while ensuring that the investors also collect their returns. Friendly buyer could be friends, family, or even the employees of the business. The worst possible problem that the business owner can face when applying this exit strategy would have to deal with emotions. If it’s a friend or family buying, it is likely that they will be more forgiving with the valuation. It is also possible that there will be internal conflicts and petty jealousies, which is typ ical in most family relationships.Merge with another company. Merging with a similar company to come up with a new entity is deemed to be a win-win situation, since the two companies are in the same line of business, or within the same industry. Thus, they will benefit from sharing skills and resources.Go public. This means you should consider an IPO (initial public offering). Unfortunately, this is no longer the most popular and preferred option these days, after the decline of the IPO rate since 2000, during the bursting of the Internet bubble. It was originally seen as the fastest way to cash in, but now, many are shying away from it, primarily because the risk of incurring liabilities is higher, and the business will eventually have to deal with shareholders that are difficult and demanding. IPO is not for everyone. You need only look at the list of companies in the United States to realize that only a small number is completed annually. In fact, there are only a few that have s uccessfully completed their IPOs. It is complicated, it takes time, and it also requires a considerable amount of investment for it to get off the ground. Transaction costs of an IPO alone can run to the millions, and that is already money better off spent in running the business.There is also the fact that it is a complex process. There are a lot of hoops to go through, and everything must be done in accordance with the regulations set by the Securities and Exchange Commission.EXCLUSIVE NEGOTIATIONS VS AUCTION PROCESSBusiness owners contemplating an exit strategy often find themselves with another tough decision to make: choosing between a negotiated sale and an auction sale. Let us take a closer look at these two options.Exclusive NegotiationsThis involves having direct dealings with a single potential buyer or acquirer. There are two key features in exclusive negotiations. As the name implies, it is restricted between the business and the party interested in acquiring the company .Pros:Confidentiality is guaranteed. Since the talks are limited between the two parties involved, the details are kept between the two of them only. In the same way, should the negotiations fail, the unsavory details can be kept under wraps, so it does not adversely affect future and potential negotiations with other parties.It offers more flexibility. Dialogues could lead to more leeway when it comes to deadlines, timelines, and scheduling, as well as other details regarding the sale.Cons:The business owner will have less leverage when selling. After all, they are dealing with only one interested party or buyer, so there is no competition at all. This could result in the seller not getting a good price with respect to the valuation of the business.Auction ProcessIn this case, the business is marketed to multiple parties that may have an interest in acquiring.Pros:When done properly, the business seller is likely to get the best price and terms.Competitive tension among the multipl e potential buyers will spur them towards acting quickly to put in a bid or an offer for the business.Competition will also ramp up the price so that the seller can expect more cash.Cons:The process can be quite complicated and tedious, considering how it is done in several stages.There is possible collusion among bidders or potential buyers that may undermine the leverage of the seller.Information may become free-for-all since there are many bidders that will have access to what is supposed to be confidential information about the business.A ComparisonSo which is the better option between the two?Although auction sale is said to be the more preferred method of selling a business, it has its downsides that may make business owners hesitate and ultimately decide on going through exclusive negotiations.The decision on which is the better method will largely depend on what you, as the business owner, want to happen. You will also have to take into account the state of the marketplace t hat the business is in. There are simply marketplaces that will not allow for exclusive negotiations but will be ideal for auction sales and vice versa.One basic rule followed by many businesses is that, when there are at least two serious buyers, the best thing to do would be to go for an auction sale instead of undergoing exclusive negotiations.HOW TO CHOOSE THE BEST EXIT STRATEGYIt is important to choose the best exit strategy in order to generate the best value and terms for the business.Earlier, we have enumerated several of the primary and most commonly used exit strategies. Choosing the right one among them is another hurdle that must be overcome. Here are some tips that will aid business owners when planning their exit strategy.Know your business inside and out, and how you can best present it to interested parties. You do not expect to have a successful exit strategy if there are no takers, do you? As the owner, you are in the best position to present your business in the m ost favorable light to attract potential buyers, acquirers or other parties that will figure greatly in your planned exit.Establish priorities for exit transactions. What is more important? You have to know what you need. The company may place more importance on generating cash to meet its obligations and working capital demands. It could also be that the seller is more concerned about speeding up the whole process so it can be quickly done and over with. In some instances, the primary concern of the seller is to exit with the least tax implication.List down your options. What, exactly, are the alternatives open to you? From the many exit strategies available, which one is applicable to your business? Eliminate those that are not applicable to your business; this will considerably narrow things down.Compare prices. Which among the options available to you will give you the best price and the best terms? You also have to consider the tax implications to the business, to you, and to t he other shareholders if you choose any of the alternatives.Compare the costs. Exit strategies will cost you resources. Which one will be more resource-intensive? Which one will cost you more money?Compare timelines. How long will the alternatives take you to plan properly for an exit? Will you have enough time to put the business in shape in order to meet the requirements of the strategy that you are considering?Consider the risk factors in disposal. Naturally, you are likely to scrap the exit strategy that will pose the most risk to you.Get good advice. It is a fact that exit strategies are not all that simple and straightforward. In fact, they are so complex that businesses seek the help and advice of professionals.At the end of the day, when choosing the exit strategy for your business, make sure that the circumstances of the business and the priorities it has established are aligned with the exit strategy being considered.

Business Law and conflict with trade secrets Free Essay Example, 3000 words

This element of what defines a trade secret is a primary example of how business law indeed conflicts with trade secrets and will be explored in more detail below. Definitions, Application and Content of Law and Comparison The legal definition of trade secrets varies by jurisdiction, but is generally narrowed down to consisting of three characteristics. Simply explained, a trade secret is a piece of information, for which reasonable measures have been taken by the company to protect it, and from which the company receives an economic benefit due to its exclusivity (18 USC, s.1839 s. (3)(a)(b)). Although federal law does not govern the protection of trade secrets, most states have signed the Uniform Trade Secrets Act. A company secret is not a trademark or a patent, the latter two being governed by law in a different manner and involving different rules and concepts. Although it is not necessary to distinguish the three aspects in fine detail, a brief explanation of what makes trademarks and patents separate from trade secrets is necessary for the purpose of legal analysis. We will write a custom essay sample on Business Law and conflict with trade secrets or any topic specifically for you Only $17.96 $11.86/pageorder now The very existence of a trademark is dependent on its exposure to the public, so that a process of association may take place. For example, when one sees the ‘big yellow M’, one is immediately able to associate it with McDonald’s, just as thinking of Coca Cola conjures up that unforgettable logo. Such patents are meaningless unless public, quite the contrary to trade secrets. The patent is also a public form of protection, and makes available exclusive rights to the inventor in exchange for its release into public. It is easy to understand how a trade secret is very different from a patent or a trademark, and its existence depends on its being kept secret. Yet how does the law distinguish between a useless personal secret and an extremely valuable company (trade) secret? Many mechanisms exist in order to protect the trade secret, which will be explored in order to critically assess their actual effectiveness in reality and whethe r they conflict with, rather than serve to protect trade secrets. Yet one may remain unclear as to what a trade secret may encompass in reality. Problems concerning the ambit of ‘trade secret’ have not gone unnoticed, and many claim that ‘it is one of the most elusive and difficult concepts in law to define’ (Lear Siegler Inc V Ark-Ell Springs Inc, 569). The problem is not independent of other factors, however, and it is recognized that although almost any form of information can be classed as a trade secret, ‘but what will be protected as such, and when and against whom†¦are questions that cannot be answered with such certainty’ (Callman 1992: 14.06).

I Interned For The Copa Shorts Film Festival Essay

I interned for the COPA shorts film festival from August to December. I was a film reviewer, and my duties and responsibilities were to essentially review any short films that were assigned to me, and then write a review and rate them accordingly. I would be emailed whenever a new film was sent to me via a website called FilmFreeway. Because my internship was primarily an online one, my schedule was flexible, which gave me the opportunity to work at my own pace, rather than at a fixed time every week. I was work around 4-5 (maybe more, depending on how long the film is) hours a week, reviewing any films that came my way. Shelley, my internship supervisor, understood that I was a full-time student and made sure that I was given ample time to watch and review these films. The way the website operated was that I would sign into my account, and all of the videos that are assigned to me would be available for viewing. I would watch the films as many times as I felt necessary. If I watched a film more than 4-5 times, that usually meant that I found it perplexing, and difficult to understand. After I am done viewing these films numerous times, I would take time to contemplate what I wanted to say about this film. I would write down bullet points about what I wanted to say for my review. I would then take these bullet points and attempt to write a rough draft of a cohesive review. I would read over the draft, and skim past the film to see if there’s anything I missed. I would then

Animal Farm. Snowball Free Essays

Snowball Orwell’s stint in a Trotskyist battalion in the Spanish Civil War—during which he first began plans for a critique of totalitarian communism—influenced his relatively positive portrayal of Snowball. As a parallel for Leon Trotsky, Snowball emerges as a fervent ideologue who throws himself heart and soul into the attempt to spread Animalism worldwide and to improve Animal Farm’s infrastructure. His idealism, however, leads to his downfall. We will write a custom essay sample on Animal Farm. Snowball or any similar topic only for you Order Now Relying only on the force of his own logic and rhetorical skill to gain his influence, he proves no match for Napoleon’s show of brute force. Although Orwell depicts Snowball in a relatively appealing light, he refrains from idealizing his character, making sure to endow him with certain moral flaws. For example, Snowball basically accepts the superiority of the pigs over the rest of the animals. Moreover, his fervent, single-minded enthusiasm for grand projects such as the windmill might have erupted into full-blown megalomaniac despotism had he not been chased from Animal Farm. Indeed, Orwell suggests that we cannot eliminate government corruption by electing principled individuals to roles of power; he reminds us throughout the novella that it is power itself that corrupts. Boxer The most sympathetically drawn character in the novel, Boxer epitomizes all of the best qualities of the exploited working classes: dedication, loyalty, and a huge capacity for labor. He also, however, suffers from what Orwell saw as the working class’s major weaknesses: a naive trust in the good intentions of the intelligentsia and an inability to recognize even the most blatant forms of political corruption. Exploited by the pigs as much or more than he had been by Mr. Jones, Boxer represents all of the invisible labor that undergirds the political drama being carried out by the elites. Boxer’s pitiful death at a glue factory dramatically illustrates the extent of the pigs’ betrayal. It may also, however, speak to the specific significance of Boxer himself: before being carted off, he serves as the force that holds Animal Farm together. Napoleon From the very beginning of the novella, Napoleon emerges as an utterly corrupt opportunist. Though always present at the early meetings of the new state, Napoleon never makes a single contribution to the revolution—not to he formulation of its ideology, not to the bloody struggle that it necessitates, not to the new society’s initial attempts to establish itself. He never shows interest in the strength of Animal Farm itself, only in the strength of his power over it. Thus, the only project he undertakes with enthusiasm is the training of a litter of puppies. He doesn’t educate them for their own good or for the good of all, however, but rather for his own good: they become his own private a rmy or secret police, a violent means by which he imposes his will on others. Although he is most directly modeled on the Soviet dictator Joseph Stalin, Napoleon represents, in a more general sense, the political tyrants that have emerged throughout human history and with particular frequency during-the twentieth century. His namesake is not any communist leader but the early-eighteenth-century French general Napoleon, who betrayed the democratic principles on which he rode to power, arguably becoming as great a despot as the aristocrats whom he supplanted. It is a testament to Orwell’s acute political intelligence and to the universality of his fable that Napoleon can easily stand for any of the great dictators and political schemers in world history, even those who arose after Animal Farm was written. In the behavior of Napoleon and his henchmen, one can detect the lying and bullying tactics of totalitarian leaders such as Josip Tito, Mao Tse-tung, Pol Pot, Augusto Pinochet, and Slobodan Milosevic treated in sharply critical terms. How to cite Animal Farm. Snowball, Papers

The Rise and Fall of Long-Term Capital Management an Example of the Topic Business Essays by

When Genius Failed: The Rise and Fall of Long-Term Capital Management Roger Lowenstein is a well-known business enthusiast and writer of different business-oriented books that are primarily a self-help orientation for early business entrepreneurs who are still new to the field. The expressive manner of the author in terms of presenting his ideas has made it certain that capitalism and its management is one of the key elements that are presented through the fields of business development and improvement in the said industry. Furthermore, it could be observed that the approach of the author has been focused on the particulars of the business primarily the finances and the management that the administrations are placing on the said assets of the organizations. Need essay sample on "When Genius Failed: The Rise and Fall of Long-Term Capital Management" topic? We will write a custom essay sample specifically for you Proceed Content and Summary The primary content of the book is focused on the finances of the business and the way that they are being managed by the administration. Financial resources are one of the most important resources for a business entity. This is mainly because this resource can actually be used in the acquisition and mobilization of most of the other valuable supplies for the business namely the work force and the land and building. In addition, the financial aspect of the business entity can also be used for expansion purposes, increasing of production and development of the business itself. Some of the primary sources of the financial aspect of the business entity are its investments or capital and its profit. Capitals sources are mainly for long-term usage because these are equity in nature however, financial profits are very useful due to the main fact that most of it are liquid assets thus they are easily convertible and used. Nevertheless, for expansion purposes, more capital is very much needed thus the business entity must resort to other sources such as debt and equity instruments. Debt instruments are mainly financial sources that are borrowed from other sources such as other enterprises or financial institutions with specific agreements enticed with it. Debt instruments can also vary from its market nature such as either liquefied money or physical assets, which are both invested into the business entity to increase its financial resources. In addition, debt instruments can vary from either with a long-term or short-term agreement with regards to its payment and maturity. Most long-term debt instruments are corporate bonds or loans while for short-term there are the commercial papers and certificates of deposit. In this financial instruments, the debtor has the options to either utilize the debt or can also sell it to others to gain profits thus making the debtor entity to also be creditor. On the other hand, equity instrument is another financial instrument where the business entity will resort to selling or crediting their assets or business equity to gain profit with the accumulated interest. In this option, one of the most valuably used items are the stock securities and/or stock options. However, this method is continuously monitored and controlled by the business entity because unrestrained selling of equity stocks can result to seizure of the equity of the business with regards to the owned percentage of claim by the buyer or buyers. Both of these instruments are done with considerable and valuable agreements concerning their payment methods and interest. For the equity instrument, the business can draw additional financial resources from the agreed interest in the transaction and in the debt instrument, the business entity can use the loaned asset to fund development projects which are beyond the present financial capacity of the business entity. Because of which, using debt instrument is a more reliable option for a business entity that is expanding its operation because the resources are easily acquired in this transaction. Business process is obviously and evidently cyclical in nature where the assets or the business entity is invested to undergo production and then produce profits which will be then added again to the business equity to be reinvested again to generate more profits. For purposes of expansion and business developments, more assets must be invested to fund the increase in the resource demand of the production process thus the business entity must resort to other financial instrument to cope up with the necessity which is either using debt instruments or equity instruments. Businesses, whether small-scale or large scale, need to face the challenges of becoming successful in the future. Indeed, through the implementation of the different elements of success in the business operations, it could be expected that the business group could attain the best possible results for its system and its people within the years of its operation. It could be noted that taking care of the concerns of the people force affects most of the organizational operations that brings success to the entire business. A Reflection on the Reading The main reason behind aiming for a larger market is to primarily gain a higher rate of revenue from the target clients of the company. To be able to do so, the importance of putting effort in creating possibilities by which the company could increase the value of the quality of their end-products and at the same time increase the value of the said produced items is indeed necessary. What are the examples of the said values? One is quality, another is practicality and third [as of tailoring jobs] the presentation of the end-products. The fact that the organization aims to serve their clients at the best way possible for them to do so, the administrations should see to it that the company members understand of this stress on the quality production that is aimed by the organization. Once the quality control of the end-products is heightened, it could be expected that the employees would be more careful of what they are primarily producing for their clients. In turn, a better reputation could be earned by the organization thus giving them the chance to demand for larger value of monetary returns from the clients that they serve. The demand that they are to place upon the shoulders should be reasonable enough for paying, if not, the effective distribution of the products or even inviting of the clients would not be truthfully applied at all. Administrational Learning Upon understanding of the suggestion written herein, it could be expected that the administration would put further appreciation of the employees efforts thus motivating them to create more productive and effective changes of dealing with the business operations of the organization. By doing so, they are not only increasing the possibilities of increasing the quality of their products but also increasing the capability of the organization to build up a reputation that is considerably inviting to a new expanded market that the organization shall serve. (C) Identifying the opportunities for reduced cost The cost being referred to in this section of the discussion certainly entails the organization in finding ways by which the production expenses that they spend on every fulfillment of client order that the complete be reduced in such a reasonable way that the companys organization would be made possible of taking more orders and sending them in high quality results without actually spending too much on the projects. Through this, the company is sure to gain a higher rate of revenue from the business operations that they pursue. Doing so shall also increase the capabilities of the organization in producing more items that are appointed to them because of being resourceful enough in using their materials the best way that they could. Doing so would really challenge the capabilities of the employees in retaining the quality of the products while using a little bit lesser than the usual amount of the resources that they used to utilize in finishing their projects. However, as challengin g as it may seem, this particular requirement shall also then be a guide for the administration to follow which in many ways would help them discover better potentials of their employees in making the said procedure possible. Administrational Learning As leaders of the company, the administrative sectors should use this particular situation and requirement of business success in finding great alternatives to the materials that they are currently using. Not compromising the quality of the products completed by the company while lowering the costs of the resources used for business completion is certainly not an easy task to deal with. Certainly, the administration then should find a way by which to train their employees in becoming more innovative as well as resourceful in their job so that no material is being used in an unreasonable procedure. Reference: Roger Lowenstein. (2001). When Genius Failed: The Rise and Fall of Long-Term Capital Management. Random House Trade Paperbacks.