Merger, Acquisition, and International Strategies Essay - 11

Merger, Acquisition, and International Strategies - Essay Example This paper seeks to discuss the merger, acquisition as well as international strategies of Starbucks and the strategies that Love & Tea Company adopts. Starbucks Corporation is an American based company whose headquarters are located in Seattle, Washington. The company was founded in 1971 as Seattle coffee bean roaster. Being the largest coffeehouse in the world, Starbucks has 12,973 stores in US and approximately 11,000 others in Japan, China, Canada and United Kingdom. Having been founded by Jerry Baldwin, Zev Siegl and Gordon Bowker, Starbucks produces quality brands that make it to effectively face off its competitors in the international market. Some of the major products that Starbucks produces include SweetN Low, Splenda, Trenta, and tea among others. With approximately 160,000 employees, Starbucks has been able to offer effective services in all its subsidiaries which include Ethos water, Torrefazione, La Boulange, Evolution Fresh, Tazo, and Hear Music among others. Apart from extensive advertising strategies that the company has adopted through the internet and in US, Starbucks competitive position has also been achieved d ue to the various mergers and acquisitions that it has adopted in US as well as in foreign markets. One of the major companies that Starbucks has acquired is Teavana Holdings Incorporation. Having being acquired in 2012, Teavana is one of the newest companies to be acquired by Starbucks. Teavana, which was established in 1997, embarked on production of wide range of tea products that included Yixing Clay teapots, China teapots, andTetsubin teapots among others. Teavana mission is to become the most noted and respected brand in the tea industry by ensuring that the culture of tea is effectively expanded in the world. By being acquired for approximately $620 million, Teavana has strong value for its customers and through the new tea enthusiasts; it will positively impact of the Starbucks tea brand.

Law question Essay Example for Free

Law question Essay Ali had an antique motorbike which he decided to sell. He parked the motorbike on his front lawn with a sign For sale- RM20,000. Ah Chong, who saw the sign, said to Ali that he would be prepared to buy the motorbike for RM15,000. Ali replied that the price is too low and suggested RM18,000. Ah Chong responded by asking if Ali would be prepared to accept payment of the RM18,000 in three monthly instalments of RM6,000 each. Ali replied that he would not. Ali then added, Anyway I am no longer interested in selling the motorbike to you. At that precise moment Ali spoke these words, a helicopter flew low overhead and drowned out his words. Ali did not bother to repeat what he had just said and was leaving when Ah Chong quickly agreed to the RM18,000 suggested earlier by Ali. Discuss whether there is a contract between Ali and Ah Chong. Explain whether your answer would be different if the helicopter flying overhead had not drowned out Alis words and Ah Chong heard what was said? Assignment Answer In this assignment, I would like to discuss the question above part by part. First of all, from the sentence , He parked the motorbike on his front lawn with a sign For sale- RM20,000, it is said that there was an invitation to trade. Invitation to treat or simply speaking information to bargain means a person inviting others to make an offer in order to create a binding contract. An example of invitation to treat is found in window shop displays and product advertisement. . In another words it is a special expression showing a person’s willingness to negotiate. The issue of invitation to treat was discussed in the case of Fisher v Bell[1961] 1 QB 394 by the English Court of Appeal : â€Å"It is perfectly clear that according to the ordinary law of contract the display of an article with a price on it in a shop window is merely an invitation to treat. It is in no sense an offer for sale the acceptance of which constitutes a contract. †[1]. An offer can be seen from the prescribed text, Ah Chong, who saw the sign, said to Ali that he would be prepared to buy the motorbike for RM15,000. It is stated in Section 2(a) Contracts Act 1950, when one person signifies to another his willingness to do or abstain from doing anything, with a view to obtaining the assent of that other to the act or abstinence, he is said to make a proposal. and Section 2(b) Contracts Act 1950,when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted :a proposal, when accepted, becomes a promise. . Both laws were applied when Ah Chong has shown his willingness to make an offer as he would be PREPARED to buy the motorbike for RM15,000. However, a counter offer was made by Ali when instead of accepting or rejecting Ah Chongs offer, Ali made another offer: Ali replied that the price is too low and suggested RM18,000. Ali’s offer refers to a counter offer. In this situation unless an acceptance is rendered, there is no binding contract between A and B. This situation is stated in Section 6(c) Contracts Act 1950- by the failure of the acceptor to fulfill a condition precedent to acceptance. There was famous case known as [2]Hyde v. Wrench, [1840] EWHC Ch J90 where Wrench (D) offered to sell his estate to Hyde for 1200 pounds and Hyde (P) declined. Wrench then made a final offer to sell the farm for 1000 pounds. Hyde in turn offered to purchase the property for 950 pounds and Wrench replied that he would consider the offer and give an answer within approximately two weeks. Wrench ultimately rejected the offer and the plaintiff immediately replied that he accepted Wrench’s earlier offer to sell the real estate for 1000 pounds. Wrench refused and Hyde sued for breach of contract and sought specific performance, contending that Wench’s offer had not been withdrawn prior to acceptance. The question or issue here is if one party makes an offer and the offeree makes a counteroffer, does the original offer remain open? Answer is No because a counteroffer negates the original offer. By making a counteroffer, the plaintiff rejected the original offer and he was not entitled to revive it. So in another words, the parties did not form a binding contract. Then we proceed to the next part where Ah Chong made a mere enquiry to Ali by asking if Ali would be prepared to accept payment of thr RM18,000 in three monthly instalments of RM6,000 each. Then, Ali replied that he would not. On top of that, Ali added that he is no longer interested in selling the motorbike to Ah Chong. Section 5(1) Contract Acts 1950 A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterwards. This particular case [3][3]ROUTLEDGE V GRANT (1828) 4 BING 653 is another example of revocation of an offer : Grant wrote to Routledge offering to purchase the lease of his house. The offer was to remain open for six weeks. Grant then changed his mind about purchasing the lease and, within the six weeks, withdrew his offer. After Routledge had received Grant’s letter withdrawing the offer, he wrote back to Grant, within the six weeks, accepting Grant’s offer. The issue before the court was whether Grant could withdraw his offer within the six week period or whether he was bound contractually given that Routledge had accepted the offer within the timescale. The court held the offer could be withdrawn within the six week period without incurring any liability – if one party has six weeks to accept an offer, the other has six weeks to put an end to it. One party cannot be bound without the other. The case and scenario above convey an useful reminder that until such time as an offer is accepted, the offeror is free to revoke it, even if they have given the recipient a period of time to consider it. When Ali spoke : I am no longer interested in selling the motorbike to you. a helicopter flew and drowned his words. And yet, Ali did not bother to repeat what he just said and was leaving when Ah Chong quickly agreed to the RM18,000 suggested earlier by Ali. In this particular moment, Ali rejected Ah Chongs offer but according to Section 6(a) Contracts Act 1950- by the communication of notice of revocation by the proposer to the other party. It states that revocation os not effective until it is received, communicated. In fact, Ali himself reluctant to repeat what he said which is very important and vital in that situation. Here is one similar case, [4]Byrne v Van Tienhoven (1880) LR 5 CPD 344. In this case, Van Tienhoven offered to sell goods to Byrne by letter dated 1 October. On 8 October, prior to acceptance, Van Tienhoven posted a letter revoking the offer. This letter was received by Byrne on 20 October. In the meantime, on 11 October Byrne received the letter and dispatched an acceptance. Was there a contract? To be effective revocation must be communicated. Where post is used for acceptance, acceptance occurs when and where sent. However, this rule does not apply in relation to revocation of offers thus, if post is used for revocation, communication is only effective if and when it is received by the offeree. As this occurred after acceptance there was a contract formed in this case. An offer was containing a price escalation clause. A counter offer was then made without this clause; it contained a detachable receipt which the company sent back with a notation that they assumed it was on their terms. Thus, the intended message was failed to be received by Ah Chong, the offer has not been revocated. There is a contract between Ali and Ah Chong in this scenario. Section 6(a) Contracts Act 1950 obviously stated revocation must be actually communicated to the offeree before the offer can be treated as effectively revoked. Besides, Section 4(1) Contracts Act 1950- The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. Importance of conveying message has been shown when either offering or revocating an offer. On the other hand, if the helicopter flying overhead had not drowned out Alis words and Ah Chong heard what was said, outcomes definitely would be different. As was mentioned earlier, if the intended message was communicated or received by Ah Chong, revocation of the offer will succeed. In conclusion, communication is very crucial when conducting contracts or offerings as the outcomes and consequences can differ easily.

Import Substitution Policy Versus Export Led Growth Strategy

Import Substitution Policy Versus Export Led Growth Strategy The Countries conduct two different strategies for industrialization; import substitution and export promotion for their international trade. Whether to adopt import substitution or export promotion trade strategy is controversial issue throughout the years for the countries. This issue forms a debate between Trade Optimists who support outward looking development policy, which envisages the free trade and free movement of goods and the Trade Pessimists who believe that the company must write its own destiny, and do not cooperate with other countries [Tadora, (2006) p621]. In 1950s and 1960s import substitutors are outweigh this debate by becoming popular in most of the developing countries but after the late 1970s export promoters become more powerful. The both policies have advantages and disadvantages. In this report, I will firstly give some information with respect to these two policies and then critically analyze advantages and disadvantages of these two policies. Import Substitution Low-income countries must industrialize to become more developed; but as they could not compete with already industrialized markets, firstly they have to protect themselves from the imports, which came from already industrialized and highly productive economies and concentrate on their production in order to achieve this goal. [Bruton, (1997) p904]. They have to reach a level, which make them compete with foreign industries in all over the world. Import substitution policy could be defined as putting various barriers to the importation of foreign goods to reduce the countries foreign dependency and providing these goods by producing them domestically [Ray, (1998) p657]. The import substitution policy could be varied among the goods. The capital good and consumers goods are treated differently. Consumer goods had been imported more strictly with the reason the consumer goods could be produced with less cost and the production of the capital good requires more intense capital and more complex technology. [Bruton, (1997) p908]. So mostly developing countries put bans on importation of consumer goods but not capital goods. As stated above, in order to provide import substitution, a protection is required. This protection could be supplied by government intervention. There are several ways to restrict the importation. Firstly, it could be provided by tariffs and quatos. Tariff is the percentage that is applied to the value of and imported item with the resulting sum of money going to the government. In the presence of tariff, the potentials import has been substituted by domestic production [Ray, (1998) p657]. Whereas the quato gives the maximum quantity on a particular good. Above that limit, no more of that good can be imported into the country. The other instrument, which restricts import, is the exchange rate. If the domestic currency will be overvalued, the price of the imported will be high and domestic good will be low [Bruton, (1997) p912]. When the exchange rate is higher, it will be more expensive to purchase foreign product imports. If for example, the government wants to overvalue its currency to make the foreign imports more expensive in domestic market, it may keep the currency from circulation. For example, if we assume that there is a demand of 1 million US Dollar but only the 500 thousand US Dollar has been issued to economy by government. This directly increases the price of US Dollar. It is believed that the import substitution encourages the learning of new techniques of production (as they are afforded with this protection) and the labors skills are improved with the experience, which provides increase in productivity of the firm [Ray, (1998) p669]. Besides this, import substitution strategy in a single industry can also be beneficial in other industry by creating additional demand that shall increase the employment and income. In conformity with these advantages, as per the data obtained by Maddisson (1995), there is an overall positive development (in terms of GDP growth rate, investment rate) in the countries that conduct import substitution policies. However starting from 1960, the negative consequences of import substitution starts to show itself and today it is mostly accepted that import-substituting strategy becomes unsuccessful in most of the countries. In the light of the information gathered from Bruton [(1997) p917]. and Tadora [ (2006) p631], the negative effects of import substitution could be summarized as follows: First of all, the import-oriented industries remain inefficient and costly to operate, as they are not competing with international industries and they do not need to make any research and development. So it is not incorrect to argue that industrialization has been inhibited with this strategy. Since there is inefficiency, the unemployment will automatically will increase within this respect. Secondly, although some industries were conducted with import substitution policy, most of them acquired by foreign companies and they transfer their profits abroad rather than investing them in the domestic industries. Thirdly, the newly established domestic industries specialized for production of consumer goods created a demand for importation of intermediate goods, but the danger is that there appears the need for import of intermediate goods in order to produce final goods inside the country and significant part of the profit transferred to the foreign countries. In addition to this, as the local currency is overvalued, -which increase exports price and decrease the imports- the local farmers become less competitive in the international market. Besides this, since it does not have any interactions with other countries, the country will be less affected in case of global economic crisis. Also, import substitution strategy has a negative effect on exporters. As the exchange rate increases, domestic goods, which are produced in internal industries, become expensive which will detrimentally affect the export. Both the decreasing exports and increasing dependence on foreign intermediate goods makes the trade balance worse. This cycle leads countries to borrow money to overcome their trade deficit. Import substitution strategies were conducted most nations in Latin America from the 1930s until the late 1980s. Over the period, 1949-1964, the total demand in manufacturing was growth significantly [Ray, (1998) p675]. however when the world economy went into recession in the 1970s and 1980s, Latin America went into worst economic crisis because of its foreign debt and it also changed its policy towards export orientation. Export Promotion As the distortions and failure of the import substitution policy is recognized, the export strategy gains importance for the countries. The case of Taiwan and South Korea is significant in this respect [Bruton(1997) p920]. They started to export the goods in 1960s and they remarkably increase their growth from that period. Import substitution is sharply contrasted with outward (export) oriented approach. In the export promotion, primary attention is given to the foreign trade and exports. [Bruton(1997) p904]. Basic goal is to maintain domestic economy to open the foreign capital. Export oriented approach has become popular in last 15 years and many countries has changed their policy from import to export oriented. [Bruton(1997) p905]. Generally rather than the exporting primary products, manufactured products are encouraged by governments of developing countries to be exported. The most of the developing countries have a comparative advantage in such primary products and they do not want to be dependent to other countries [Ray, (1998) p678]. Unlike import substitution, the tariffs and quotas on imports are reduced for exporters in order to encourage exportation. In addition to this, the banks are providing more easy and flexible terms to exporters. Governments can also make some payments to specific products to encourage the export of goods cheaper to foreign consumers and give some exemptions and incentives for those who want to export. According to Bruton [(1997) p924-925], the export-oriented strategy helps Taiwan and South Korea to overcome their balance of payment problems, increase their employment, and improve the knowledge of technology and quality of the product. One obvious benefit of the export promotion is that it provides more visible gains [Ray, (1998) p677]. Because as there is competition in the international market, the goods are provided more cheaply. The allocation of resources could be done more efficiently and the cost of the production will be much more less (Salvatore, Hatcher, 1992). It also increases economic growth and it generates required foreign exchange that can be used to import goods [Tadora (2006) p640]. As the exporters are in the competitive market, they have to improve their quality and they have to conduct research and development studies within this respect. It is argued that although import substitution has more immediate positive effects on economy on the short term, the export promotion has more long run positive effects. [Tadora (2006) p640]. Outward oriented strategy helps country to use its capital for progress by not facing any barriers in relation to payment of debt. As it is stated in above, inward oriented policy is a significant reason why Latin America have faced with debt issue. (Dollar 1992) Although there are significant numbers of empirical result, which proves that there is a correlation between outward oriented strategy and growth rate, as it is more dependent to external factors and foreign countries economies, it can create unexpected results. The success of the export-oriented policy is dependent to foreign demand. In order to form a successful export oriented policy, it is crucial to envisage future demand of such market, the ability of any government to forecast is not totally possible as the information with regards to supply and demand can be vary easily in relation to external factors. In the light of the above information, it is correct to argue that both of the strategies are totally not perfect. The success of the strategy depends fluctuations in the world economy. When the world economy is growing significantly in the period 1960 to 1973, the countries who applied export promotion have more advantages but when the world economy slowed down between the period 1973 to 1977, the countries having import oriented strategy get less effected. It is widely accepted that export oriented economies are more effective when the external demand is high. Besides, the success of the export strategy is changing from country to country. While China benefited from this strategy, Thailand, Indonesia faced a lot of difficulties. In addition to this, it is stated by Todora (2006) that even the most successful East Asian export promoters have pursued import substitution strategy in some of its industries. In other words, export promotion or import substitution policies could not be i mplemented entirely to all industries.

History and Development of Programming Languages

History and Development of Programming Languages Yash Ojha Introduction Programming languages play the most important role in the creation of various  Software’s. Application, and Webpages etc. Just because of the existence of programming languages today everything related to New Technology is possible. For example the various Social Networking sites that we use is a result of Programming Language, the Mobile phones that we use in our daily life is a brilliant outcome of programming as every IC in the circuit of the mobile phones are programmed due to which it works. The most important outcome of Programming Language is the creation of Operating Systems (OS). OS is something without which we cannot use our PC’s or Laptop’s or even our mobile phones. OS acts as a base for every single function of a device to work in short it provides an important platform for the working. If no programming languages were introduced then today it nearly impossible for the people to use computers, mobile phones, servers, and various other things. But thanks to the developers of the various types of Languages that made peoples life very easy and mobile. 1 All about JAVA! Java was developed by James Gosling at Sun Microsystems in 1992 and was officially  released in 1995. JAVA Technology is a programming language that is used for meeting  the objectives of current challenges and opportunities in the present computing realm. Java Virtual Machine (JVM): JVM is an Interpreter for JAVA programming language,   i.e., it is the only way to convert a Byte Code into machine language. The Byte Code  cannot be converted using any technique other than the JVM. Therefore as I said above Byte Code somehow helps Java in being secure. Java Runtime Environment (JRE): We all know that that the major problem with the programming languages before JAVA was platform dependency i.e., if we want to run the code compiled in Windows Xp in Linux, this was not possible as for that we need a special compiler which works in Linux only. So to solve this problem JRE was launched and became a part of java. Every Operating System have some mandatory files that are needed to run java on that particular OS. So in short JRE in the collection of all those mandatory files needed to run java on various OS’s plus JVM. Due to JRE today it is possible to use the code written in some OS in any other OS. So JRE made JAVA completely PLATFORM INDEPENDENT. The byte code is loaded into JVM using the Class Loader. JIT (Just in Time): JIT works as a verifier. It verifies the Byte Code first whether it is infected or not or whether it is holding some kind of virus in it or not. If found clean it forwards the Byte Code to the JVM for further process. JIT is completely responsible for the SECURITY of JAVA. Let’s see the whole process graphically. A.java A.class 2 Now I’ll show you a basic program in java with its output. class Sample { public static void main(Strings) { System.out.println(Hello World); } } Let’s talk about the main() function. The main function is made up of 5 things. Access Specifier Function Name public static void main() Parentheses Access Modifier Return Type Java Fundamentals All programming languages have its own syntax and reserved keywords. JAVA also  has these kind of language fundamentals.   Basic fundamentals of java includes: Java Keywords Data Types Legal and Illegal Identifiers Operators Let’s see every fundamental in detail. Java Keywords: Keywords are the words that convey special meaning to the language compiler. These are reserved for special purposes and must not be used as normal identifier names. Data Types: Data types are keywords are means to identify the type of data and how much memory a variable needs to carry out a particular operation. Data types are divided into two types: Primitive Data Types (8 types) Non Primitive Data Types (User Defined 3 types) Legal and Illegal Identifiers: Identifiers are building blocks of a program and are used as the general terminology for the names given to different parts of the program viz. variables, objects, classes, function, arrays etc. 3 Operators: The operations being carried out are represented by operators. The operations (specific tasks) are represented by operators and the objects of the operation are referred as operands Classes in JAVA Class is a collection of objects of similar types of objects. Objects are nothing but a buffer or an area and are defined by something which have some property and behaviour. In java objects are created in the HEAP Memory inside the Java Virtual Machine. Syntax for creating an object in java: Class name object name=new class name(); new is a keyword of java which when used creates an object in the HEAP. Now whenever we use the new keyword a space in created in the HEAP memory inside the JVM for the object at runtime. When we print the reference variable of some class then it prints 3 things: Class name â€Å"@† symbol Hash code Graphical representation of HEAP and other memory areas available inside the JVM. 4 Principal of Object Oriented Programming (OOP) The object oriented programming has been developed with a view to overcome the draw backs of conventional programming approaches. The OOP approach is based on certain concepts that helps it to attain its goal of overcoming the drawbacks of conventional programming approaches. There are 4 general concepts of OOP: Polymorphism Inheritance Abstraction Encapsulation (it’s a part of abstraction) Polymorphism: It is the ability for a message or data to be processed in more than one form or it can simply be defined as one name used for many tasks which is used to speed up the compilation time. Inheritance: This is a parent-child relationship between two classes. In this, the child class object inherits some properties of the parent class object. Abstraction Abstraction refers to the act of representing essential features without including the background details or explanations. Abstraction is divided into two parts: Abstract Class: Abstract class is used to define a rule. Rules in abstract class: All the task which we can perform in a normal java class can also be performed in an abstract class. In abstract class we can define normal method as well as abstract methods. It is not compulsory to have at least one abstract method in a class. If a method is abstract then the class should be abstract. We cannot instantiate (cannot create the object) of abstract class. Abstraction is achieved using extends keyword. Interfaces: Interface are pure abstract methods. A class implements an interface, thus inheriting the abstract methods of an interface. An interface contains the behaviour that the class implements. The class that implements interface is abstract. Syntax: interface my; { declaration of methods;} 5 Rules in Interface: We cannot instantiate of an interface. Interface are used to define the rules purely. All the methods of an interface are by default public and abstract. In case of interface we use the keyword implements. If we define any data member inside an interface than by default it becomes static and final. Interface is used to achieve Multiple Inheritance. Packages Packages is a collection of classes and interfaces. No class can exist without a package included in it. This is the rule of OOP’s. But when we open a class we don’t always make a package in that class, so in this case the rule of OOP’s is violated. So to avoid this problem JAVA has given a feature in its compiler due to which when we compile the program, the compiler automatically creates a package of the respective class during the compile time. Command to compile the program with a package: javac –d . p.java Name of the project current directory is the same location as the class where the package is to be made. Destination. –d . is called the switching tool. Program with a package can be executed by using the Command: Java . Exception Handling When any abnormal condition that comes in a code which can be handled then that situation is known as Exception Handling. For every exception there are exception classes and exception methods to handle that exception in java by default. We can easily handle these unwanted exceptions by using try and catch block. Try is used to detect exceptions in a program and catch is used to handle that The â€Å"finally† block: If an exception occurs in a program then the try and catch block will be executed and then the program terminates in normal condition. But in case of finally before the termination of program finally block also executes. Syntax: try{-} catch{-} finally{-} 6 Threads Every process is divided into two categories: Heavy Weight Processes Light Weight Processes Heavy Weight Processes: These processes are those processes which stores a separate area in RAM. Light Weight Processes: These processes are those processes which occupy memory under the heavy weight processes. These light weight processes which occupy memory under the heavy weight processes are known as Threads in JAVA. Basically there are two ways in which we can make a thread: By directly implementing the runnable interface. By internally implementing the thread class in interface runnable and extending thread class. Multithreading Every part of a program is called a thread and every thread defines a separate path   of execution. Java provides a building support for multithreading program. The multithreaded  program contains two or more parts that execute concurrently. Priority of which thread will start working first is decided by a program named as Thread   Scheduler which is a program of the Operating System. It gives the priority randomly. Synchronization To avoid the corruption of data we use the concept of synchronization in threads. When we share a single object into multiple threads then the chance of data  Corruption arises and to avoid this we need the concept of synchronization. The keyword synchronized is applied on the function where the variables are  assigned values. Due to the concept of synchronization only one thread  executes at a time. Input/Output Stream Streams are nothing but a special type of buffer. In terms of JAVA streams are flow of bytes. Benefits of I/O Stream: Execution time reduces. Performance Enhances. Network congestion chances reduces. We get bulk data at a time. Streams are divided into two types: High Level Stream Low Level Stream High level stream cannot be used alone, whenever we want to use a high level stream we have to connect it by a low level stream. Stream Byte Stream Character Stream Console Based Unicode Input Output Reader Writer Stream Stream Byte Stream Input Stream Output Stream FileInputStream FileOutputStream BufferedInputStream BufferedOutputStream DataInputStream DataOutputStream ObjectInputStream ObjectOutputStream ByteArrayInputStream ByteArrayOutputStream PipedInputStream PipedOutputStream 8 Character Stream ` Reader Writer File Reader File Writer Buffered Reader Buffered Writer import java.io.*; class Demo0 { public static void main(String args[]) { FileOutputStream fout=new FileOutputStream(â€Å"a.txt†); PrintStream ps=new PrintStream(fout); ps.println(â€Å"hello†); ps.println(â€Å"hey†); System.setOut(ps); System.out.println(â€Å"m†); } } This is a sample program of how to write a file by coding in JAVA. Serialization Serialization is the process using which we can convert an object into a stream. If we have to use an object only once and then we need to use the same object after a long time then we use the concept of serialization. Features of Serialization: Only the object of that class can persist which implements serializable interface. If the parent class implements serializable interface then there is no need for child class to implement serializable. In case of serialization transient data members cannot persist. In case of serialization static data members cannot persist. Only the non-static data members can persist. If we make any variable transient that means those variables are unwanted now and will  get no memory in the HEAP inside the JVM. Serializable interface is a type of marker interface. Marker interface are those interface  which have no methods.

Hong Kong :: essays research papers fc

Hong Kong It’s March of 1997, and a political cartoonist who goes by the pen name â€Å"Zunzi†, sketches in a cafe in Hong Kong. Many Americans take this right for granted. Zunzi, however, is thankful that his newspaper is among the few that have avoided self-censoring as the Chinese take-over approaches, bringing with it harsh censorship laws. He draws a picture of a smiling man outfitted in the lower half of a dog costume, preparing to put on it’s head. The man symbolizes wealthy businessmen in Hong Kong, and the costume symbolizes their willingness to obey Beijing by assuming positions of power, such as the Preparatory Committee and the Provisional Legislature. They change their costume and identity in whichever group they are in while remaining loyal to China by acting as China’s â€Å"puppets†. This way, China has a strong grip on political affairs in Hong Kong. Zunzi is aware his days in Hong Kong are limited (Sesser 21). As China takes over many l aws that restrict Hong Kong’s free speech are being put into effect, causing uneasiness among citizens. Despite China’s attempt to control, Hong Kong citizens struggle to maintain the democratic lifestyle to which they are accustomed. The Chinese government’s restriction of free speech has oppressed many citizens of Hong Kong. Before the hand-over on July 1, 1997, a vigil was held in Hong Kong’s Victoria Park for the victims of the June 4, 1989 massacre at Tianemen Square. Fifty-thousand people attended the vigil, which remembered those who died while rallying for democracy. Said pro-democracy campaigner Szeto Wah, â€Å"Tonight. we are again using sparks of candlelight, solidified drops of ‘tears,’ to remember you and mourn you." However, demonstrations like this are not looked on by approval by the new government that will come with the hand-over. The soon-to-be executive chief Tung Chee-hwa expressed his disapproval of the vigil by saying that it is â€Å"...time to set aside the burden of June 4†. New laws proposed by the Provisional Legislative Council required demonstrations and societies to register with the government. Those considered dangerous to national security will be banned (Baird 30). These new lawsthreaten to make demonstrations like the one held in Victoria Park impossible. The disapproval and Tung Chee-hwa and the emergence of restrictive laws pose a threat to citizens who value their right to free speech. Hong Kong citizens fear expressing themselves through art because of China’s control.

Atticus as a Wise Father in To Kill a Mockingbird :: Character Analysis, Literary Analysis

Lastly, I think that as a father, Atticus is extremely wise. Atticus’s wise parenting ultimately wins his children’s respect and trust, and their devotion to him runs deep. Atticus way of parenting is not typical, such as scolding and punishing. Instead, he parenting style is unique, different from other fathers and he is able to help the children learn from their experiences and thus they progress through levels of morality until they develop the compassionate ability to consider from others’ perspective and views . For example, when scout takes up cussing, Atticus does not deal with the situation directly by reprimanding and chiding her. Instead, he leaves her to cuss, knowing fully that it would just make her swear more. However in time, Scout realises on her own that it is not a right thing to do. I feel what Atticus did was intelligent as Scout may choose to rebel if Atticus interfered too much, and she might even hate him. However by letting her realise her own mistake, she will tend to mature as an teenager and be a better person. Atticus’s lessons are also taught by setting good examples for his children. By acting the same way that he wants his children to act, he is the perfect role model for them. He is wise as he is able to set ideal examples for his children by his actions such as defending his clients and treating others. By using this method of teaching, he is able to quietly and subtly pass on wisdom to his children about life, moral values and other virtues. Instead of talking more, he prefers to show.(EVIDENCE, ELABORATE) Also, Atticus is not a type of father who would love his children dearly all the time. At times, he will be firm and teach them harsh lessons about life when necessary. This is evident when he took Jem along with him to tell Helen Robinson about Tom Robinson’s death. This way, Atticus allows Jem to learn lessons about prejudice and other principles in life. Also, throughout the novel, Attic us works to develop his children’s respective consciences and character, through teaching vital lessons with objectives, such as though humanity has a great capability of evil and wrong doings, it also has a great capacity for good. Also, the evil can be looked upon as good, if one approaches things with an outlook of compassion and understanding, instead of hatred, thus his objective is to teach them to be more compassionate and gracious towards others in life.

The Relationship Between Journalism and Public Relations

The relationship between journalism and public relations has been described as tumultuous. Hitchcock (2012) says there is a shifting dynamic between the two and has found that journalists are starting to become more and more reliant on public relations ‘(PR)’, while Jackson (2009) says that up to 80% of media content has come from a public relations source. In this instance, Evans (2010) says, â€Å"it is time to admit that the two disciplines of journalism and PR are two sides of the same coin and that there is now complete freedom of movement between them† (p? ). FIND PAGE NUMBERThis essay will discuss the role of both public relations and journalism in the media, followed by an examination of the symbiotic relationship these two professions share. Differing views and issues surrounding the relationship will also be considered. Furthermore, media relations and new media technology will be examined regarding the tension between PR and journalism. A conclusion wil l then be summarized to support the idea that the relationship between public relations and journalism is symbiotic to an extent, however there are other factors also to consider when making such a statement.The Oxford Dictionary (2012) defines the term symbiosis as ‘a mutually beneficial relationship between different people or groups’. In this case we are examining the relationship between PR and journalism and how they mutually benefit from their day-to-day dealings with each other. According to Tench (2009), PR plays an important role in shaping the news by persuading other people to convey important messages to the organisations publics. This is done with support from media outputs and can also be described as ‘endorsement’.Furthermore, the PR practitioner should use sound media relations to gain editorial coverage in appropriate media channels. By doing this, Comrie (2007) elaborates that the organization’s reputation will impact positively by integrating a strategic plan in line with the company’s mission. Journalists in the media are wary of public relations practitioners, regardless of the fact that they deal with them daily. According to White and Hobsbawn (2007) they view PR practitioners as ambiguous sources to deal with and are often cautious and wary of whether the information given could be misleading or deceptive.Furthermore, Callad (2007) says that journalist’s gut reactions to ‘PR’ in general are almost immediately related to specific PR people in which they may have had a bad experience with, instead of the response to the profession its self. This type of stereotyping is a typical occurrence in their professional relationship. The relationship between PR and journalism is seen to mutually benefit both parties. Edward Bernays (in Evans, 2010) talks of the crucial importance of the press. This is because newspaper coverage can translate social ideas into facts, which in turn can infl uence the target publics of an organisation.Jackson (2009) also supports the idea that there is a symbiotic relationship of some kind existing between PR and journalism by saying â€Å"PR is a fact of life. Journalists should recognize it as an important channel† (p2). Jackson then elaborates on the role of PR by stating that there is a very significant amount of PR material in the media and that therefore plays an important role in news making. Furthermore, Grunig and Hunt (in Tench, 2009) underwent a survey in 2000 that indicated PR sources are responsible for around half of the news printed in newspapers.Press releases sent out by the Press Association are likely to include contribution from practitioners. (Mersham et al,. 2009) says that both sport and not for profit charities use emotional content in the promotion of their organisation, which in turn appeals to media outlets. These situations support the idea of symbiosis between PR and journalism, as journalists like to run stories with high emotional content, which will then in turn generate positive publicity for the organisation.Many journalists don’t like to admit that they do rely on PR in one way or another and unfortunately in this day and time, journalists are pushed for time as media channels have rapidly increased and budgets have been tightened. Because of this, little time is left for journalists to investigate stories independently. (Lewis et,. al 2008) found that up to 60% of stories coming from either articles or broadcast news contained elements of ‘pre packaging’. This can be described as a press release being regurgitated by a journalist into a news story, with very few facts missing.Callard (2011) further describes the symbiotic relationship that is evident between PR and journalism. These two professions interact with each other daily for the production of news. PR practitioners provide journalists with a suggested story and information shaped in the way the y would like it to be publicized in a specific media channel. Moreover, journalists then request information and sources from PR practitioners that may aid them in developing a story for the public. Although this seems both parties mutually benefit from each other’s presence, it doesn’t come without its controversies.Issues with credibility of both PR practitioners and journalists are said to always exist. Journalists should only post stories of interest to the audience, while PR practitioners should use media relations to get print or broadcast coverage without interference from the owners of the publication. (Tench, 2009) agrees with this by saying that these current priorities of confliction are said to describe the tension that exists between the agenda’s of these two competitors. Similar views are expressed such as (Mersham et al. 2009) with some journalists and PR practitioners seeing each other as allies, but are more frequently seen by each other as the enemy or people that they cannot trust. In saying this, PR practitioners are also wary of journalists. Gregory (2002) says that PR practitioners have a responsibility to keep a considerate distance between themselves and journalists but continue to provide them with material that reflects the truth. Moreover, we see that they continue to hold a symbiotic relationship in relation to the work they do, but whether they value each other on a personal level is very much debatable.According to (Davis, 2007) journalism traditionally was seen to hold power over PR as they had control over what was to be published. Due to cutbacks in resources and the continuing change in media channels, PR material and sources have developed which is resulting in a change over who holds that power. Moreover, Greenslade (2003) argues that this causes tension in the relationship as journalists like to think they are more powerful and rather believing that PR can benefit them, they feel conflicted to use posit ive, helpful sources of materials that PR practitioners provide them (Haller, 2007; Tilley & Hollings, 2008).Media relations must be understood as less about breaking news, and more about tactical work that is going to target the key stakeholders of your organisation. Gonring (in Comrie, 2007) suggests that it is also about â€Å"learning to strategize and manage press coverage to shape the opinions of important constituents† (p63). To put more simply, Tench (2009) mentions that we can view media relations as a relationship between an organisation and the press. The skilled practitioner needs to make sure they form sufficient relationships with journalists so that accurate, effective stories can be produced.This is important for both parties as White and Hobsbawm (2007) say â€Å"mutual exchange of information between these two groups of information gathers and providers is necessary, and not a matter for disapproval† (p290). New media developments are having an impact on both professions and the symbiotic relationship they share. White and Hobsbawm (2007) mention that journalism is heavily dependant on PR sources regardless of their personal relations and therefore more demands are needed to produce new and exciting material for new channels of media. The phenomenon of social media is changing the way we communicate.Because of the social aspect of new media, practitioners can present information that individuals can talk directly to each other and find truth themselves. There needs to be a more realistic approach to the relations between PR and journalism, as they may not possess the same interests, but they face the same threats and the context in which they operate is the same. The main points outlined above demonstrate that a symbiotic relationship between PR and journalism does exist. It is evident that both professions require some kind of reliance on each other.In saying this however it must be considered that although some symbiosis occur s, it doesn’t come with out scrutiny from both professions. White and Howsbawm (2007) elaborate by saying journalists are heavily dependant on PR practice in spite of the fact the views they hold of them. Media relations also contribute to the love-hate relationship in which they share, but also the need of each other for the growing world of technology. The above views suggest that although the relationship between PR and journalism is symbiotic, it is also seen as unstable, and that is not likely to change in the near future.References: Bailey, R. (2009). Media Relations. Harlow, England; New York: FT Prentice Hall Callard, H. (2011) Attitudes and perceptions of newspaper journalists towards public relations practitioners in New Zealand. Retrieved from http://scholar. google. co. nz/scholar? hl=en&lr=&q=related:Bcq7pKS7k_QJ:scholar. google. com/&um=1&ie=UTF-8&sa=X&ei=1cAwULHIMo2WiQf87oCoDw&ved=0CD0QzwIwAA Comrie, M. (2007, October 29). Media relations: From tactics to strat egy. Retrieved from  http://publicrelations4u. blogspot. co. z/2007/10/media-relations-from-tactics-to. html Davis, A. (2000). Public relations, news production and changing patterns of source access in British National Media. Media, Culture and Society, 22(1), 39-59. Evans, T. (2010). We are all in PR now. British Journalism Review  2010 21: 31 DOI: 10. 1177/0956474810374531 http://bjr. sagepub. com/content/21/2/31 Gower, K. (2007). Public relations and the press: The troubled embrace. Evanston, IL:Northwestern University Press. Greenslade, R. (2003) Press Gang: how newspapers make profits rom Propaganda, Basingstoke:Macmillan. Gregory, A. (2002). To Spin or Not to Spin? – The Ethics of Public Relations  [Lecture]. Retrieved from Leeds Metropolitan University. Grunig, J. E. , & Hunt, T. (1984). Managing Public Relations: Holt, Rinehart and Winston. Haller, M. (2007). Symbiosis or antagonism: The neurotic double bind. In Merkel, B. , Russ-Mohl, S. , & Zavaritt, G. (Eds. ). A complicated, antagonistic and symbiotic affair: Journalism, public relations and their struggle for public attention (pp. 95-99). Lugano, Switzerland: European Journalism Observatory.Hitchcock, S. (2012, February 18). Tumultuous relationship between journalism and PR thawing says Waikato researcher. The University of Waikato. Retrieved August 19th, 2012, from http://www. waikato. ac. nz/news-events/media/2012/02tumultuous-relationship-between-journalism-and-pr-thawing-says-waikato-researcher. shtml Hollings, J. , Lealand, G. , Samson, A. , & Tilley, E. (2007). The big NZ journalism survey: Underpaid, under-trained, under-resourced, unsure about the future – but still idealistic.Pacific Journalism Review, 13(2), 175–197. Jackson, S. (2009, May 4). PR driving up to 80pc of content. The Australian. Retrieved August 19th, 2012, from  http://www. theaustralian. com. au Lewis, J. , A. Williams. , B. Franklin. , J. Thomas. , and N. Mosdell (2008). â€Å"The Quality a nd Independence of British Journalism’, Cardiff School of Journalism, Media and Cultural Studies. Report found at http://www. cardiff. ac. uk/jomec/research/researchgroups/journalismstudies/fundedprojects/qualitypress. html Mersham, G. M. , Theunissen, P. , & Peart, J. G. M. (2009). Public