Sunday, January 26, 2020

Competition in Broadcasting: BBC

Competition in Broadcasting: BBC In Western Europe, North America and Eastern Europe mainly persistent talks are about the broadcasting rules of the public or community. Newly enhanced machinery, rules and ways of doing business changed the actions and topic of debates and extent of work. BBC stays on first channel of the all. It provides free advertising services to its viewers. It is financed by the TV licence fee that viewers pay annually and fifty percent discount for blind people. It earned status for worlds no. 1 TV channel. It gains status by its news and entertainment channels. Following are the channels of BBC: Now a days broadcasting companies are competing with each other. They do what they want to see their company on first place. Main competitors of BBC NEWS are CNN, Fox NEWS, Sky NEWS and all local media channels. In the world of entertainment the BBC main competitors are Channel 4, ITV, boomerang, discovery and etc. BBC World of Digital TV: In beginning of 1998, people do not have any concept of digital television. After the six years, almost in every home there is digital TV. People like digital television network more than the non-digital system because it has channels in greater number than the non-digital system. Now a days every one can enjoy more than 200 channels by paying just little amount. In the last 6 years, BBC remarkably increases its amount of output by opening a series of TV channels and now BBC is broadcasting excessive amount of output i-e 380 hrs per week. Competitive Analysis: BBC performs like an ideal in approximately whole of the European market like in Germany, France, Switzerland and etc. In the United Kingdom the BBC make market share up to the 36% as the survey about this is conducted in 2005. While in radio BBC occupy the 54% market share as said by the governor in 2005. BBC NEWS: According to my point of view globally BBC and CNN are the main competitors in the news casting media both of them captured the more than 50% market shares of the whole market. International sources of news are increasing the number viewers by giving them choices of viewing the news on their mobile, by texting and on internet. It is written in the lines of article that published in Europe (1998), CNN the main competitor of BBC is currently having more viewers on internet other than on broadcasting. CNN in addition declaring that they have more than 50 million viewers who use the messaging facility. That is the story of CNN, in response of the strategies of CNN; BBC starts to modify the services of TV by accumulating more news about trades, limiting the long news i-e cutting down the irrelevant material from stories and learning the best marketing illusions to capture the attention of its viewers. BBC Entertainment: BBC Cbeebies channel that is for the child viewers of who do not go to school and BBC CbbC is concentrated on the kids whose age are ranging from six to fourteen. These are the channels of BBC who are focusing on kids but few more channels like boomerang, disney playhouse and nick jr that are also about the kids who do not go to school. There are also thirteen more kids TV channels who concentrate on the kid of age ranging from six to fourteen. Competitors of BBC kids channels are strong enough in terms of finance and also that the international contributions are helping out the market. Currently their capability is not in danger. But still to take competitors out of business the strategies of BBC are quite clever because they are targeting on the segmented marketing i-e niche or position marketing. See Appendix 2. There is another channel names BBC FOUR, it is very diverse channel based on culture and science fiction programmes and its competitors are the history channel, discovery, discovery health etc. BBC FOUR and its competitors are all working well and it is before time to say that BBC FOUR have problem with finance because it is the diverse type of channel and people who have interest in science and the people who have interest in culture will always be watching this channels. There is not as much competition in these types of channels. See Appendix 3. BBC three is a channel that catches the attention of same age group. The viewers of the BBC three recommended that this channel can excel and can leave behind its competitors. The rival of BBC three, Channel 4 finds that BBC three is giving a lot of money to its hosts and this is causing the inflation. Share of BBC three is improved merely 0.2%. Its majority rivals are being not changed i-e they keep up the share at the same level. While in response BBC three start to concentrate on youth. Rivalries in this type of channels are strong. See Appendix 4.

Saturday, January 18, 2020

Judicial Issues in Chapman’s “The Prisoner’s Dilemma”

World history recounts many differences between the East and the West. In spite of the consideration that both are unique in their own culture and tradition, the issue on who is better and more civilized still remains. In â€Å"The Prisoner's Dilemma,† Stephen Chapman compares and contrasts Eastern and Western punishment practices under the criminal justice system. In his view, the Western claim that their practices are less cruel and barbaric is contestable owing to the issues related to the multiple years of incarceration. To elaborate his view, Chapman compares the punishment methods used in Eastern and Western countries. He mentions some punitive practices among Islamic countries such as Pakistan, Saudi Arabia and Iran. Among these practices include flogging, or ta zir, a punishment usually given for general offenses. This form of punishment, among others, is endorsed by the Koran itself. Another practice is stoning, which is usually bestowed upon individuals who are found to be adulterous or who engage in non-marital sex. This form of punishment causes severe injury to offenders, causing their deaths. In the website Religious Tolerance. org, several reports on stoning show how Islamic countries apply this practice in varied terms. One report describes how a man dies ten minutes after being stoned while his alleged partner is hit by a large rock on the head after stoning. In addition to these two methods, Islamic countries also apply amputation, beheading, and other forms of execution. Considering these, Chapman contends that Islamic ways of punishment are some forms of â€Å"barbaric rituals. (364) Aside from their hideous method of exterminating criminals, what makes these methods seem more barbaric and cruel is the gathering of the crowd that gawks at the offender’s misfortunes. As Chapman illustrates, Westerners smirk at these practices and claim that theirs are far more humanitarian. In the West, criminals are sentenced to prison for varying number of years based on the gravity of the offense. For instance, Chapman elaborates that a person charged with robbery can be sentenced to six or 30 years imprisonment under the Western judicial system. Based on this, the author implies that a general offense which merits one-time flogging in Islamic countries can cost a person’s lifetime in the West. Moreover, he also cites that with the long trials that each case takes and the cost of maintaining a penitentiary, the government spends too much on procuring justice for the victims. Moreover, the author inductively cites that the practices in the East were the same ones practiced in the West during earlier times. He mentions some cases where criminals were cut in several parts, and tortured by bearing off internal organs while the criminal is in conscious state. Given these former practices, Chapman convinces the readers to reconsider Islamic practices such as those mentioned, which are less grotesque than former Western practices. To convince his readers, Chapman uses both comparison and contrast between the two cultures. Mostly, he gives the contrast, emphasizing more the practicality of the Eastern culture in dealing with punishments. Also, by establishing comparison and claiming that Western civilization once employed even worse practices of amputation, the author appeals to the logic of the readers to assert the issue with valid reasoning. Clearly, Chapman uses logic or logos in his comparison and contrast. He attempts to convince the audience that Western practices are just as evil as the Eastern ones. By impeding criminals to prison, they are likewise subjected to overcrowding, illness, filthy conditions, and routine violence. Sentencing a criminal to life in the prison cells is similar to subjecting him to eventual death or to sacrifices similar to flogging. Also, as mentioned above, keeping criminals in prison implies a big government funding, for the government will have to feed and clothe the prisoners, and hire authorities to look after them. Likewise, Chapman claims that prisons do not serve their purpose for detaining individuals. To illustrate his point, he mentions the five functions of imprisonment. Among these functions, Chapman emphasizes that detention does not serve the third function, which is general deterrence. Although some may be afraid to go to jail, the thought of it does not totally threaten criminals to make them avoid ill-doings. The present crime rate demonstrates that in truth, offenders are not afraid to go against the law, thus making others like the author skeptical about the observance of the third function. Conversely, he notes that encountering a man with just one arm could bring more shrill to those who are trying to plot a crime. In addition, the author also points out that imprisonment does not serve its fifth function, that is rehabilitation. Keeping criminals behind bars and making them face the consequence of acquiring infectious diseases is far from rehabilitative. For others, this function may only be served if criminals are given a better living condition or are endowed by a beautiful experience, such as allowing them to get married, to undergo counseling and psychotherapy, or giving them a job or a vacation (Menninger as mentioned in Chapman 368-369). Considering the disadvantages of imprisonment, sentencing a criminal to keep him from contact with the public seems to be the only consolation that incarceration brings. In addition to logos, the author also uses pathos by citing the dilemma experienced by offenders and victims alike. The long wait for the court to give its sentence is one aspect that causes much shame to Western judicial system. While the case is in process, the victims undergo torment seeing the criminal spend days in freedom. The truth and relevance of this point makes this the subject of TV and film courtroom drama. The same agitation may be true for the criminals or those who are charged but innocent of the crime. As justice is prolonged, so is the torment that the concerned individuals suffer. The use of logos and pathos in establishing comparison and contrast is likewise accompanied by ethos as the article appears in the textbook. The article’s introduction includes a simple biography of the author, telling his achievements as a writer and a Harvard University graduate. This establishes credibility of the author, thus affecting the audience’s stance on the matter. While the logos and pathos that Chapman uses are quite weak to defy religious values, the ethos somewhat helps convince the audience that the words they are reading come from a knowledgeable and well-experienced source. Overall, the points made by the author show his partiality to Western practices. He tries to convince the audience to favor Eastern practices due to their practicality and immediacy. Considering his point, authorities should look into the possibility of adopting these practices; however considering too how people react to changes, Chapman’s proposition may fail to convince many people, especially those who advocate love and reverence for the body.

Friday, January 10, 2020

Basel Iii, Solvency Ii

Basel III Basel III is an international regulatory for banks. It consist a set of standards and practices for the bank to make sure the banks maintain the sufficient capital when there is an economic strain. Basel III formed after global financial crisis that happens in year 2008. It was first published in 2009 and will be start implement on 1 January 2013. To make sure the banks have sufficient capital, Basel III has some new regulatory on bank leverage and also its liquidity. Solvency IISolvency II is a basic review of adequacy of capital for the European insurance industry. It aims to revise a set of EU-wide capital requirements and risk management standards that will replace the current solvency requirements. For instance, most European insurers are obliged to implement the full Solvency II requirements by January 2013. As such, it will be a major driver for the development and embedding of Enterprise Risk Management (ERM) for the insurance industry. Difference between Basel III and Basel I & II Basel III varies from Basel I and Basel II.Basel I is create and used to strengthen the stability of global banking system while standardize capital requirement by using regulatory control. The weakness of Basel I is banks are expose to excessive risk because of the freedom in giving loan. Basel II develops from Basel I, it makes improvement on standardize the capital regulation and increase the risk management between the banks. Unlike Basel I, Basel II required banks to make analyze on the ability of corporate in pay back the loan before they decided to lending money out.Basel III replace for Basel II which the capital requirement is stricter, so that they can handle the capital fluctuate during financial crisis. Difference between Solvency I and Solvency II The difference between Solvency I and Solvency II is their fundamental based. Solvency II is principle based, whereas Solvency I is rule based. This means Solvency II knows less rules, instead of introduces pr inciples which have to be adopted by the insurers, they all involved actions and decisions. They can no longer hide behind rules, nor is it easy to find holes in the law.Therefore, in order to process these principles into company will be tough therefore time is ticking since it is questionable when all is implemented sufficiently. While for the Solvency II is to protect customers from taking unacceptable risks. This is done by demanding insurers to manage their risks better and be transparent on their financial position and risk. Hence it shows more holistic approach in comparison to Solvency I. Who should comply to Basel III The Basel accords are a range of mutual agreements that are voluntarily given by various global banking authorities.The countries which have signed these agreements would have set it as a common standard. However, some countries which are not the member state may also implement these policies. Besides, in United States of America, the government set the Basel II as a mandatory standard for banks. The banks which have a higher-risk profiles are instead imposed higher and stricter standard under the same accords. Next, Basel III required banks must keep a minimum common equity of 7% of their assets and this percentage covers a capital conservation buffer of 2. %. The countries which have approved Basel III must impose and put the standard. Who should comply Solvency II Solvency II is needed for all the insurance companies and financial institution. Solvency II’s regulation will be control by the respective financial supervisor. Besides, the best practice for insurers is to embed qualitative and quantitative risk management throughout their organization. A process-based risk approach is the best foundation for risk management of market, credit, liquidity, insurance and all operational risks.Solvency II regulates companies according to the risk inherent in the business. Every company must define that the risk profile is in line with t he appropriate governance and risk management processes to meet this risk. Why Basel III is needed? Basel III is needed because it strengthens bank capital requirements by introduces new regulatory requirements on bank liquidity and bank leverage. It help the Bank directors to know the market liquidity conditions for major asset holdings and strengthen accountability for any major losses. Why Solvency II is needed?Solvency II is needed because it can supervise the insurance company and strengthen the power of group supervisor, in order to ensure the wide risks of the group are not overlooked. By having Solvency II, a greater cooperation between supervisors can be made. Besides, Solvency II plays an active role in the development in insurance, risk management, and financial reporting. Objective for Basel III There are three objective of Basel III. Firstly, Basel III enhance the ability of banking sectors in handle stress that arise during financial crisis and economic strain.Secondly , Basel III used to improve risk management and also its governance. Lastly, Basel III reinforces the transparency and exposure of the banks. Objective for Solvency II These are some objectives for Solvency II. Firstly, it improved consumer protection by standardized level of policyholder protection in EU. Secondly, Solvency II transfers compliance in supervise into making evaluation on insurers’ risk profiles and the quality of their risk management and also their controlling systems. Lastly, Solvency II used to raise the international competitiveness of EU insurers.What are the challenges that encounter by the Basel III and Solvency II? The challenges that encounter by the Basel III and Solvency II is there is a mutual relationship between the new capital and the liquidity rules for bank and insurance companies that set by Basel III and Solvency II. Besides that, Solvency II had changed the way of allocate the capital for insurance companies. In example, fair value will be calculated by the risk that insurer take on their investing activities. Solvency II also offered a privileged treatment to bond with short tenure.It impress stricter capital requirement for bond that determined by the investment’s maturity, and credit rating due to the volatility of investment. Lastly, there is an inverse relationship between Basel III and Solvency II. Basel III requires all the financial institution to establish more stable, long term source of funding. In example, Basel III require bank to place their funding in a more stable and long term investment, means they will issue more long term bond. While for the Solvency II, the regulation gives shorter preferential treatment to the bank bond. ?

Thursday, January 2, 2020

Drug Addiction Is A Serious Problem - 1032 Words

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