Monday, February 24, 2020
Hedging Oil Consumption - Essay Example There are other inherent risks associated with business such as currency fluctuations, volatility of crude oil prices and so on. In order to reduce exposure to volatility in the market, many participants prefer hedging strategies using derivatives. A derivative is a financial instrument which derives its value from the underlying asset. One of the hedging strategies alternatives that are available to the market participants is by using futures derivative. The main purpose of futures markets is to minimise uncertainty in transactions and hence reduce risk. The basic objective of futures market is to hedge the associated risk by taking such a position so as to neutralize possibility of risk as far practicable. A futures contact is a standard contract between two market participants to buy or sell a specific asset of standard quality, quantity for a given price agreed upon on the date of contract (also known as strike price) with payment and delivery occurring at maturity date. The cont racts are standard in the sense that quantity, quality, price, strike price, delivery date, initial margin, marking to market, etc. are done via intermediary and not directly negotiated between parties involved in transaction. Hence, the refinery may enter into futures contract with its customers giving them the opportunity to purchase oil at current prices at a later date in future. In this way even if the prices of oil rises in future, the refinery would not require to pass on the higher costs to their customers (CME, 2006, pp.49-53). After discussing the concept of futures, it is now important to illustrate how futures might help the US Gulf refinery to hedge risk. There are two different methods of hedging namely short hedge and long hedge. A short hedge is suitable when the hedger owns the asset (as in this case) and expects it to sell at some time in future. Thus, the oil refinery may take short position in futures contract. A long hedge on the other hand involves taking the l ong position (buy at later date). This strategy is suitable when the hedger (in this case customer) knows that it will have to purchase a particular asset in future but would like to purchase at current price. In both the strategies payment and deliver occurs at maturity of contact which is usually three months. To further illustrate these strategies in details, consider the following example: Assuming that on June 13 (present) the oil refinery has taken a short position by negotiating a contract to sell 1 million barrels of crude oil. It is also agreed that the price applicable in the contract will be on the market price of September 13. So, for each 1% rise, the producer will gain $10,000 and similarly for each 1% decline in price refinery will lose $10,000. The standard futures contract on CME platform is 1,000 US barrels (or 42,000 gallons), hence the company can hedge exposure by shorting 1,000 September futures contracts. If the last trading close price was $90 per barrel, str ike price is $85 and assuming that price per barrel in September is actually $80, then per barrel gain of the oil refinery would be $5 (since, $85 - $80). This means the total gains for entire contract would be $5000 ($5 x 1000). Using the above example the long hedge strategy can be explained as
Saturday, February 8, 2020
The Management Roles of a Principal - Essay Example From this paper, it is clear that courses offered once, as well as the availability of teachers, influence the scheduleÃ¢â¬â¢s development. Together with the principal, the counselor does the actual work, remembers not to schedule courses at the same time, and considers to accommodate the schedule of teachers. In making adjustments, the principal and the counselor make an initial run through to determine arising conflicts. The district provides a computer program called TEAMS to help manage the schedule. The guidance office, as well as the principal, makes the final approval. As the paper outlines budget management is also part of the role of an administrator. However, the central office is the one responsible for allocating the budget, as well as in providing assistance. In preparing the budget, the goal is to look at the needs of the campus and try not to exceed in its allocation. Budget management process begins towards the end of the year and extends into the Summer months since the school does not have the actual budget until the start of the next school year. Campuses receive their budget allocations after September 1, which includes general operating funds, special education, title funds, and compensatory education funds, as well as the travel and staff development. The Site-Based Decision Making (SBDM) committee, which is composed of teachers, parents, and community leaders helps the principal in making sure that the whole management process is thoroughly made. Allocating the funds is the last step of the process, and the budget is then finalized before September 1st.
Wednesday, January 29, 2020
Levi Strauss Essay As one attempts to assess the business ethics of Levi Strauss and Nike in this writing assignment, we are again compelled to revisit the critical distinction of conduct that is legal, yet still unethical. In both instances, Levi Strauss and Nike behaved with the parameters of legal conduct, yet few would argue that profiting from exploitive work conditions is an ethical behavior of any socially responsible organization (broad view social responsibility). Obviously, itÃ¢â¬â¢s very tempting to just condense this argument to the point of Ã¢â¬Å"bad companies boosting profits from lower labor costs via exploiting foreign workers in sweatshopsÃ¢â¬ . I am going to take a much broader approach here in my assessment, as complete fairness to the two corporations here requires a bit of an indictment of the legal, regulatory, political, and socioeconomic environment that they operate in. So, letÃ¢â¬â¢s start there Ã¢â¬ ¦ how is it that both of these large corporations are permitted (and driven) to outsource (with relative impunity) labor to countries with poor labor laws? In order to fairly assess their conduct, one must first examine the system under which they operate. How has corporate America gone down this path? Why do so many large U. S. corporations outsource labor en masse, which costs the U. S. economy so many jobs domestically? LetÃ¢â¬â¢s start by looking in the mirror and by that I mean you and I Ã¢â¬ ¦ the U. S. consumer. Our thirst for cheap merchandise made overseas knows no limits. Do any of us look at the country of origin for goods, and if itÃ¢â¬â¢s non-U. S. do we even pause for a second to consider boycotting said goods due to loss of American jobs? Or boycott due to the nation of originÃ¢â¬â¢s reputation for worker abuse? Of course we donÃ¢â¬â¢t. We want that Japanese high definition television from Wal-Mart that costs $100 less. We want the clothing from China or Indonesia that is 30% cheaper than similar brands made here. So, my first premise in this entire argument is that American consumers are NOT socially responsible in their purchasing habits. This lack of social responsibility on the demand side is a catalyst for Levi Strauss and Nike to seek cheaper labor overseas Ã¢â¬â for if they do not, their competitors assuredly will and they will be at a competitive disadvantage. Now, letÃ¢â¬â¢s assess the legal and regulatory environment under which both entities operate in the United States. Has Congress made it illegal to outsource labor to countries that they know are abusing their labor forces? In general, of course not. Congress maintains a blind eye to the problem, debating it over the years here and there in a politically motivated, half-hearted effort to occasionally placate certain voting segments (labor unions; displaced workers). Do they tougher their stance? Do they for one minute say to themselves, Ã¢â¬Å"this is really wrong, and socially irresponsibleÃ¢â¬ ? By inaction Congress is tacitly approving this practice, which of course is what powerful corporate lobbyists want. The profit motive has large U. S. corporations addicted to cheap labor now; PandoraÃ¢â¬â¢s Box has been opened and no one has the political will to attempt to close it. So letÃ¢â¬â¢s recap so far: weÃ¢â¬â¢ve indicted the U. S. consumer and our lawmakers in the legislative branch of the U. S. government (Congress) as major cultivators of the pro-outsourcing environment for which Levi Strauss and Nike must successfully operate under. Next on our list of socially irresponsible contributing parties Ã¢â¬â the judicial branch of the U.S. government. When the U. S. Supreme Court found in 2010 that the formation of so called Ã¢â¬Å"Super PACsÃ¢â¬ for campaign donations was legal, this gave corporations new powers under the law to, in effect, buy our government via opulent and obscene campaign spend funneled to candidates. The end result of this ruling is that corporations that profit greatly from outsourced labor are now able to pay for the elections of our Congressmen Ã¢â¬â and gee, wonder how this economic Ã¢â¬Å"favorÃ¢â¬ will be repaid when attempts to rein in outsourcing come up in Congress? LetÃ¢â¬â¢s move on to our two protagonists in this debate: Levi Strauss and Nike. Now that weÃ¢â¬â¢ve got the backdrop well in hand, and a reasonable person would agree that a massive systemic failure in the U. S. has allowed and promoted unchecked outsourcing of jobs, itÃ¢â¬â¢s time to discuss these two corporate giants and their respective behaviors here. Do these two corporations have a responsibility to monitor the conduct of the companies they do business within particular, their contractors and suppliers? As a personal believer in the broader view of corporate socialÃ responsibility, I believe that they do. Notwithstanding the fact that all of this outsourcing is legal, and despite the mitigating factors that IÃ¢â¬â¢ve argued above that do alleviate these two companies of all of the blame Ã¢â¬â I still believe that they need to take the higher moral ground. Levi Strauss overall has conducted itself with far greater corporate social responsibility than Nike has, in my judgment. Strauss for many years withdrew from China due to their notoriety as a non-democratic country with abusive labor conditions. Regrettably, it had to re-enter China eventually to keep pace with competitors. Also, witness the way that Strauss treated its displaced U. S. workers as it (with some remorse) eventually had to close all its U. S. plants due to competition from outsourcers. Strauss gave generous severance and retraining dollars to the affected workers. In my estimation, Strauss has had to compromise its socially responsible corporate culture due to pressures from the warped competitive environment that was designed around them. It became a matter of survival for their corporation; their management had to adapt or risk failure and loss of the shareholdersÃ¢â¬â¢ investments in the company. That is why I authored the overview above Ã¢â¬â I think itÃ¢â¬â¢s highly relevant to assessing StraussÃ¢â¬â¢s conduct here. The system failed Levi Strauss Ã¢â¬â they wanted to behave under the broad definition of corporate social responsibility, but the demand for cheaper outsourced goods by consumers and the legality of outsourcing jobs (Congressional oversight failure) forced an adaptive change against their moral grain. Nike, however, is no apologist when it comes to their outsourcing. In fact, they are proud of it Ã¢â¬â even boasting that they pay outsourced workers higher than average wages for their region. To me, this is tantamount to bragging that Ã¢â¬Å"we donÃ¢â¬â¢t abuse those workers as badly as others doÃ¢â¬ . Frankly, that attitude offends my sensibilities and my personal set of ethical standards. I also deem it to be in direct conflict with the broader definition of corporate social responsibility. Lastly, I think that corporations have the obligation to take the ethical high ground and behave in a socially responsible manner (broad definition). That said, however, I do not believe that itÃ¢â¬â¢s a fair expectation to demand that high standard if adhering to same places the companyÃ¢â¬â¢s very existence at risk due to systemic failures beyond their control. Levi Strauss attempted to Ã¢â¬Å"do the right thingÃ¢â¬ , but poor rules and oversight make competing in a broad ethical manner quite dangerous to its ultimate survival. StraussÃ¢â¬â¢s example should serve as a wakeup call to U. S. consumers and our Congress: systemic change is needed, and itÃ¢â¬â¢s needed NOW.
Tuesday, January 21, 2020
These are some of my memories that I can remember clearly. Some are from a very long time ago and some are quite resent. I have three, some parts of them are bad memories and other parts are that good that IÃ¢â¬â¢ll never forget them. One of my earliest memories was when I was about 3 or 4 and lived in a small house in Warrington. It was a hot sunny day and I was out in the garden playing football with my friend Joe. My Mum, and Joe's Mum, were both in the house having dinner together because they had not seen each other for a while. Me and Joe were both seeing who could do the most kick-ups. When it was my turn, I kicked the ball too far and it landed in next doors garden. I walked over to have a look if I could see it. As I was walking over I could see some thing in the bush, I then realized it was an action figure. So I ran to get it, but before I got there, Joe had already beaten me to it. I tried to snatch of him but he kept hold tight, like a dog with a bone. We were fighting and arguing over it for about 2 or 3 minutes. Then all of a sudden he let go and I went flying through the air. I then ended up landing on the concrete out side the back door and smacking my head on the floor. The pain rushed to my head and I started to feel dizzy. It felt like some one had put my head in a vice and tightened it slowly. There was no blood but there was a huge bruise on the back of my head. I started to scream as loud as I could and both of our parents came rushing out of the back door to see what was going on. The brui se lasted for a week or so and I didnÃ¢â¬â¢t talk to Joe for a month or so. Another one of my memories was when I was around 10 years old. My Dad had a friend who was doing up an old motor bike out of scrap parts. At the time all I wanted was a motor bike, and I begged my Dan to buy it of his friend. My Dad asked his friend if he would sell the motor bike after he had got it working.
Monday, January 13, 2020
1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? *Fixed costs = $220,000 (Ship rental and crew) + $65,000(initial advertisement expense) +$10,000(administrative expense) = $295000 *Contribution per unit = $1500 -$200 = $1300 *Breakeven point (in units)= 295000/1300 = 226.92 : At least 227 passengers should sign up for Health Cruises by November 20th. 2. Should Health Cruises go ahead with the cruise since 200 people have signed up by November 14th? Why or why not? : Though I concede that Health Cruises do not reach the break-even point and is very likely to make loss at this situation, I suggest them to keep running this trip from a long term perspective. The company should not consider only financial issue in operating business and miss an opportunity to make huge profits and create new spectrum of service. If Health Cruise efficiently proceed this trip and offer fine quality of service to these 200 passengers, this package cruises would go famous through word of mouth and gain effective advertising effect. Also, the company can better understand the operating system of its product and reconstruct its business and financial system to make profit. Therefore, instead of losing enormous amount of fixed costs by cancelling this whole cruise, I believe Health Cruises should present its product regardless of its current financial stat us. 3. The advertising agency has proposed two alternative campaigns to help fill the boat. One will cost $6000 and the other would cost $15,000. Which would you suggest? *Breakeven point including = 295000+6000/1300 = 232 another ads cost $6,000(in units) * Breakeven point including = 295000+15000/1300 = 239 another ads cost $15,000(in units) : I suggest the corporation to choose the campaign that costs $15,000 since, as calculation shown above proves, it has higher possibility of bringing enough number of passengers to exceed breakeven point in units and earn profit. 4. Should Health Cruises consider cutting its prices for this trip? Why or why not? What other factors could impact the go/no-go decision in addition to the break even? : The corporation should not cut its price for this trip because considering the fixed and variable costs its current price which ranges from $1500 to $2200 seems reasonable and at this point where this trip is the first product presenting and only 200 passengers signed up for it, we cannot guarantee that enough number of passengers would come to make profit even if we drop the price. Moreover, Health cruises should consider other internal and external factors to make this trip successful such as other ways to reduce its fixed and variable cost, its competitorsÃ¢â¬â¢ prices and products and nationÃ¢â¬â¢s economic status.
Sunday, January 5, 2020
How convincing is the view that sense experience is the source of all knowledge? (30mark) The view that sense experience is the source of all knowledge is an Empiricist one. Rationalism and Empiricism are the two ways in which one can approach questions regarding the obtaining of knowledge. Empiricism would argue that knowledge from reason is trivial, as it doesnÃ¢â¬â¢t tell us anything substantial about the world, and the only way we can do that is through experiencing it. Locke was an empiricist who believed all knowledge was gained through sense experience. He referred to the mind at birth as a Ã¢â¬Ëtabula rasaÃ¢â¬â¢, Ã¢â¬Ëclean slateÃ¢â¬â¢, thus demonstrating that we are born without any knowledge, and the only way to gain knowledge is through ourÃ¢â¬ ¦show more contentÃ¢â¬ ¦However, God is good, thus he wouldnÃ¢â¬â¢t do that, therefore it must be the work of a Ã¢â¬ËdemonÃ¢â¬â¢. Therefore according to rationalist Descartes, a deceiving demon could be making us believe every time that two plus two equals four, when it in fact doesnÃ¢â¬â¢t, yet we would never be able to prove this through sense experience. When Descartes came to his final conclusion, he stated that there was only one thing he could ever be certain of, the fact that Ã¢â¬ËI am, I exist, is necessarily true each time it is expressed by me, or conceived in my mind.Ã¢â¬â¢ Thus also demonstrating the existence of synthetic a priori knowledge, knowledge gained without s ense experience. However, and empiricist called Hume also believed all knowledge came from sense experienced, and divided all true propositions into two categories. Hume defined knowledge as true propositions, and that these were either relations of ideas, such as mathematics and logical truths, or matters of fact, such as claims about the world, and a posteriori knowledge. Hume therefore argued that firstly, relations of ideas, although important, are restricted by mathematical and logical principle thus they do not actually add to our knowledge of the world, which is the most important knowledge to us. Secondly, he stated that if we find a claim which falls into neither category, it is to be Ã¢â¬Å"committed to the flamesÃ¢â¬ as is can contain nothing but sophistry and illusion, thus it is meaningless toShow MoreRelated Abortion934 Words Ã |Ã 4 PagesAbortion In the following article we will argue wheatear abortion should be practice or should not be practice. It is a subject that concerns all of us; especially women since are the ones expose to this harsh procedure. The argument Electoral Politics and Abortion was published in fall of 2003, by Laurie Shrage. During the year of the Publications Argument, many controversies arouse from this delicate subject, creating new groups like pro- choice and pro-life. Values, belief, and politicsRead More Views of Slavery and Ralph Waldo Emerson and Henry David Thoreaus Works1725 Words Ã |Ã 7 PagesViews of Slavery and Ralph Waldo Emerson and Henry David Thoreaus Works Two men, similar in their transcendentalist beliefs and yet so different in their methods of expressing their beliefs on handling the issues of society, were major voices in the anti-slavery movement. While their focuses are more on the subjects of morality and individual choice, they still reflect on how slavery should be addressed by the American people, American referring to the free whites who actually make the decisionsRead MoreSeeing Is Believing894 Words Ã |Ã 4 Pagesphysical or concrete evidence is convincing. In life we always use the rule until I see with my own eyes I will not believe. People are so accustomed to trust their feelings perception of objects, which often do not even realize whether feelings deceive? But we also can`t definitely state that human sense perception gain the absolutely wrong or right information. It depends on the frame of reference, everything is subjective. Inaccuracy of knowledge gained from experience is possible because of a hugeRead MoreChallenging Robert T. Perrys Critique of Charles Murrays Education1145 Words Ã |Ã 5 PagesReal Education Is a four-year college really necessary for your desired occupation? Would you feel successful obtaining credentials in vocational training rather than a college degree? How would your parents feel with this choice? Questions like these are debated widely in our society today. In the essay, Ã¢â¬Å"On Ã¢â¬ËReal EducationÃ¢â¬â¢Ã¢â¬ , Robert T. Perry, the South Dakota Board of Regents director, declares Ã¢â¬Å"we need more, not fewer university and community college graduatesÃ¢â¬ (625). He is responding to the contrastingRead MorePlatoÃ¢â¬â¢s Theory of Forms Essay1719 Words Ã |Ã 7 Pagesreturning to Athens some years later. In 387 BCE he established the Academy, a school devoted to philosophical debate and learning. Aristotle was a student at the Academy for about the last twenty years of PlatoÃ¢â¬â¢s life. At the heart of all PlatoÃ¢â¬â¢s philosophy is his Theory of Forms, sometimes called the Theory of Ideas. Plato believed that there exists an immaterial Universe of `forms, perfect aspects of everyday things such as a table, bird, and ideas/emotions, joy, actionRead MoreRelationship Between Mind And Body929 Words Ã |Ã 4 Pagesalternatively: what is the relationship between mental properties and physical properties? When we think about the mind body problem, it seems like a conundrum that has been around for centuries which philosophers have not arrived at an agreement as to how to resolve this problem. Firstly, mind-body dualism is more common than we think; as a matter of fact I believe that many of us believe that we are mind-body dualist without even knowing it; they believe that they are bodies and the brain is part ofRead MoreDescartes Meditations On First Philosophy1536 Words Ã |Ã 7 PagesÃ¢â¬Å"What therefore did I formerly think I was? A man, of course. But what is a man?Ã¢â¬ (Descartes 340). This question that Descartes addresses in Meditations on First Philosophy is important because it outlines his core philosophical view in his work. His philosophy primarily focuses on dualism, which is the concept that there is another world that exists with ideal forms and is separate from the world of perception. The part of dualism that Descartes focuses his work on is the distinction between theRead MoreWhy Chinese Mothers Are Superior1214 Words Ã |Ã 5 Pagesbut if you consider this from an Eastern point of view this wouldnÃ¢â¬â¢t be wrong or abnormal. 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This phenomenon, known as the mirror stage, signifies the separation of one from the rest of the world, allowing for further maturation and development to occur (Lacan)Read MoreReflection Paper About Media Culture1439 Words Ã |Ã 6 Pagesthese days are behind me. I want to say I understand how everything I ve learned so far comes together. But the truth is I still don t have a clear picture. I haven t had any significant paradigm shifts or Aha! moments. So I can only speak on behalf of my limited perspective. And it s possible that I ll look back several years from now with a different outlook. In the meantime, think of this essay as a snapshot. For it will capture all my beliefs, goals, questions and viewpoints about communication
Saturday, December 28, 2019
REVIEW OF LITERATURE T. Koshy, 1997, Ã¢â¬Å"Depository in the Debt Market:The Unfinished AgendaÃ¢â¬ Though the Indian capital market is over 100 years old, it continues mainly as a market for equity related products. Debt is more or less financed through banks and financial institutions, although in the recent past, financial markets are playing an increasingly significant role. Even the Government securities market essentially consists of primary issues and inter-institutional trades.However, due to a variety of institutional and regulatory reasons, the Indian debt market has not been able to achieve even a fraction of its true potential.Although an exemption in stamp duty may appear to be against the interests of State Governments Ã¢â¬â owing to aÃ¢â¬ ¦show more contentÃ¢â¬ ¦Quality of shares changed for better owing to dematerialisation and thus investors are expected to earn higher returns as a natural step, albeit, for some time only. Changes in quality of shares are expected to cause changes in demand and supply for shares, which in turn, influences the levels in share p rices (volatility). All these three issues are studied in the present paper. Liquidity and returns improved substantially in the post-demat period while volatility was very much below the daily changes permitted. Prof.G. Vasudha, 2006, Ã¢â¬Å"Dematerialisation: An IntroductionÃ¢â¬ Dematerialisation is the process of converting the physical form of shares into electronic form. Prior to dematerialisation the Indian stock markets have faced several problems like delay in the transfer of certificates, forgery of certificates etc. Dematerialisation helps to overcome these problems as well as reduces the transaction time as compared to the physical segment. The article discusses the procedures, advantages and problems of dematerialisation. The Indian Stock markets have seen a major change with the introduction of depository system and scrip less trading mechanism. There were various problems like inordinate delays in the transfer of share certificates, delay in receipt of securities and inadequate infrastructure in banking and postal segments to handle a large volume of application and storage ofShow MoreRelatedEpidemiology: Study Notes1775 Words Ã |Ã 7 Pageshypothesis. One of the most common is when the designer of the experiment cannot randomly assign participants to groups and some of the individual differences (e.g. height, weight, personality, genetics, predisposition to disease, etc.) act as variables (Mayrent, 1987). Part 2 Cofounding Factors in a Survey There are various ways to deal with confounding factors within the survey instrument. First, review the design and the variables for control and bias. Second, case-control studies assign cofoundersRead MoreDemat Account and Online Trading13117 Words Ã |Ã 53 PagesTABLE OF CONTENTS CHAPTER -1 | INTRODUCTION | 1-20 | | 1.1 Introduction to Demat and online trading | 1 | | 1.2 Indian e- Broking Scenario | 2 | | 1.3 Effect on off-line business | 2-3 | | 1.4 Depository Service- beginning | 3 | | 1.5 Indian stock market | 4-8 | | 1.6 Evolution of online trading | 9-17 | | 1.7 Reasons for online trading | 17-18 | | 1.8 Reasons for emergence of online trading | 18 |Read MorePROJECT ON CUSTOMER RELATIONSHIP MANAGEMENT WITH RELIGARE SECURITIES LTD7688 Words Ã |Ã 31 PagesLTD (REGIONAL OFFICE, BMCC ROAD, PUNE) TABLE OF CONTENTS Chapter 1. Rationale of the Study. Chapter 2. Objectives of the study. Ã¯â · Title of the project Ã¯â · Objective of the study Ã¯â · Scope of the study Chapter 3. Profile of the company. Chapter 4. Review of Literature. Chapter 5. 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Retirement Recordkeeper: A recordkeper is responsible for maintaining and tracking all participant data and assists the regional plan coordinator by designing enrollment forms and participant statements along with updates; reconciling information with the depository or custodian or transfer agent; allocating contributions and earnings; and providing allocation schedules (Subramanian, 1996). Behavior: refers to the transferRead MoreFunctions Responsibilities of Hr Admin Department of Rcl8779 Words Ã |Ã 36 Pagesdesk research method has been followed to review the existing literature on the subject. Both primary and secondary data were collected to prepare the report. The main sources of the primary data to prepare the company profile and its performance had been collected from organizationÃ¢â¬â¢s web site and the concerned with HR Manager of Royal Capital Limited and secondary data collected from the web site and books for the purpose of preparing the literature part. 1.5 Scope of the report TheRead MoreIntroduction . When Researchers Asked A Group Of Homeless1731 Words Ã |Ã 7 Pageshas a bed. Many recent studies credit the youthÃ¢â¬â¢s home lives as a significant factor in homelessness. In this paper I will explore the relationship between parental abuse in childhood and homeless youths using several studies and interviews. Literature Review All of the following scholarly articles described find that there is a direct relationship between childhood abuse and youths that are homeless. When looking at physical, verbal, and substance use, all articles agreed that abuse is a huge riskRead MoreProject Report on Comparison of Stock Market with Other Investment Option4136 Words Ã |Ã 17 PagesStock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the country: NCDEX MCX. Angel is also registered as a Depository Participant with CDSL. Our Business Ã¢â¬ ¢ Equity Trading Ã¢â¬ ¢ Commodities Ã¢â¬ ¢ Portfolio Management Services Ã¢â¬ ¢ Mutual Funds Ã¢â¬ ¢ Life Insurance Ã¢â¬ ¢ IPO Ã¢â¬ ¢ Depository Services Ã¢â¬ ¢ Investment Advisory Angel Group Ã¢â¬ ¢ Angel Broking Ltd. Ã¢â¬ ¢ Angel Commodities Broking Ltd. Ã¢â¬ ¢ Angel Securities Ltd. [pic]