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Case study on facebook vs orkut

admin — Mon, 21 May 2012 00:15:37 +0000

Three years ago in the early days of social media I wrote a blog post asking people to vote between Facebook and Orkut in regards to their favorite social network. Over 6,000 votes later, we’re still at a deadlock with nearly a 50/50 split in voting. At the time, Facebook was in the early stages of gaining momentum, whereas Orkut was extremely popular in both India and Brazil. For more information click here

Facebook vs. Orkut

http://marketingcurry.com/index.php/orkut-vs-facebook-and-future-of-social-networking/ http://www.scribd.com/doc/32973644/facebook-v-s-orkut

World Markets Vs. Economy

vicky113 — Sat, 07 Apr 2012 11:40:23 +0000

Although economics has many facets, the field is unified by several central ideas. In this article, we will take a closer look at Ten Principles of Economics. There is no question as to what an economy is. Whether we are talking about the economy of Los Angeles, England, or Australia, a healthy economy is based on several distinct variables. Because the behaviour of an economy reflects the behaviour of the individuals who make up the economy. Principle 1: People Face Trade-offs "There is no such thing as a free lunch." To get one thing that we like, we usually have to give up another thing that we like. Nonetheless, acknowledging life's trade-offs is important because people are likely to make good decisions only if they understand the options that they have available. Principle 2: The Cost of Something Is What You Give Up to Get It. Because people face trade-offs, making decisions requires comparing the costs and benefits of alternative courses of action. In many cases, however, the cost of some action is not as obvious as it might first appear. Principle 3: Rational People Think at the Margin Economists normally assume that people are rational. Rational people systematically and purposefully do the best they can to achieve their objectives, with the opportunities they have. Michael Leary of Apex Investment Services says that rational people know that decisions in life are rarely black and white but usually involve shades of gray. Economists use the term marginal changes to describe small incremental adjustments to an existing plan of action. Principle 4: People Respond to Incentives An incentive is something that induces a person to act. Because rational people make decisions by comparing costs and benefits, they respond to incentives. You will see that incentives play a central role in economics. Incentives are crucial to analyzing how markets work. For example, when the price of an apple rises, people decide to eat more pears and fewer apples because the cost of buying an apple is higher. At the same time, apple orchards decide to hire more workers and harvest more apples because the benefit of selling an apple is also higher. When analyzing any policy, we must consider not only the direct effects but also the indirect and sometimes less obvious effects that work through incentives. If the policy changes incentives, it will cause people to alter their behaviour. As we go about our lives, many of our decisions affect not only ourselves but other people as well. Now we will discuss the next three principles which examine with how people interact with one another. Principle 5: Trade Can Make Everyone Better Off It is easy to be misled when thinking about competition among countries. Trade between the United States and Japan is not like a sports contest in which one side wins and the other side loses. In fact, the opposite is true: Trade between two countries can make each country better off. By trading with others, people can buy a greater variety of goods and services at lower cost. Countries benefit from the ability to trade with one another. Trade allows countries to specialize in what they do best and to enjoy a greater variety of goods and services. The Japanese, as well as the French and the Egyptians and the Brazilians, are as much our partners in the world economy as they are our competitors. Principle 6: Markets Are Usually a Good Way to Organize Economic Activity At first glance, the success of market economies is puzzling. After all, in a market economy, no one is looking out for the economic well-being of society as a whole. Free markets contain many buyers and sellers of numerous goods and services, and all of them are interested primarily in their own well-being. Yet despite decentralized decision making and self-interested decision makers, market economies have proven remarkably successful in organizing economic activity in a way that promotes overall economic well-being. Principle 7: Governments Can Sometimes Improve Market Outcomes If the invisible hand of the market is so great, why do we need government? One reason we need government is that the invisible hand can work its magic only if the government enforces the rules and maintains the institutions that are key to a healthy economy. Most important, markets work only if property rights are enforced. A farmer won't grow food if he expects his crop to be stolen; a restaurant won't serve meals unless it is assured that customers will pay before they leave; and a music company won't produce CDs if too many potential customers avoid paying by making illegal copies. We all rely on government provided police and courts to enforce our rights over the things we produce - and the invisible hand counts on our ability to enforce our rights. How individuals make decisions, and how people interact with one another make up the many variables of "The Economy." Principle 8: A Country's Standard of Living Depends on Its Ability to Produce Goods and Services The differences in living standards around the world are staggering. In 2007, the average American had an income of about $37,500. In the same year, the average Mexican earned $8,950, and the average Nigerian earned $900. Not surprisingly, this large variation in average income is reflected in the quality of life. Citizens of high-income countries have more TV sets, more cars, better nutrition, better healthcare, and a longer life expectancy than citizens of low-income countries. What explains these large differences in living standards among countries and over time? The answer is surprisingly simple. Almost all variation in living standards is attributable to differences in countries' productivity- the amount of goods and services produced from an employee's time. In nations where workers can produce a large quantity of goods and services per unit of time, most people enjoy a high standard of living. Similarly, the growth rate of a nation's productivity determines the growth rate of its average income. Principle 9: Prices Rise When the Government Prints Too Much Money In Germany in January 1921, a daily newspaper cost 0.30 marks. Less than 2 years later, in November 1922, the same newspaper cost 70,000,000 marks. All other prices in the economy rose by similar amounts. This instance is one of history's most stunning examples of inflation. What causes inflation? In almost all cases of large or persistent inflation, the culprit is growth in the quantity of money. When a government creates large quantities of the nation's money, the value of the money falls. In Germany in the early 1920s, when prices were on average tripling every month, the quantity of money was also tripling every month. Although less dramatic, the economic history of the United States points to a similar conclusion: The high inflation of the1970s was associated with rapid growth in the quantity of money, and the low inflation of the 1990s was associated with slow growth in the quantity of money. Principle 10: Society Faces a Short-Run Trade-off between Inflation and Unemployment Although a higher level of prices is, in the long run, the primary effect of increasing the quantity of money, the short-run story is more complex and more controversial. Most economists describe the short-run effects of monetary injections as follows: * Increasing the amount of money in the economy stimulates the overall level of spending and thus the demand for goods and services. * Higher demand may over time cause firms to raise their prices, but in the meantime, it also encourages them to increase the quantity of goods and services they produce and to hire more workers to produce those goods and services. * More hiring means lower unemployment. This line of reasoning leads to one final economy wide trade-off: a short-run trade-off between inflation and unemployment. Although some economists still question these ideas, most accept that society faces a short-run trade-off between inflation and unemployment. This simply means that, over a period of a year or two, many economic policies push inflation and unemployment in opposite directions. This short-run trade-off plays a key role in the analysis of the business cycle-the irregular and largely unpredictable fluctuations in economic activity, as measured by the production of goods and services or the number of people employed. Click here to download the article

Be Your Own Investment Expert

admin — Mon, 12 Mar 2012 23:40:00 +0000

While it is easy to quote investment experts, their advice seldom works for retail investors. Wisdom, they say, comes out of experience. But is the same wisdom applicable to you as well? Sometimes, it may be. But there is no thumb rule that it will always do. For instance, John Bogle’s famous book ‘Common Sense on Mutual Funds’ has argued that over time, index funds will always outperform actively-managed mutual funds. And while this can work consistently in a more developed market such as the US, results in the Indian market may not be that convincing If we look at investment wisdom as handed down by the gurus, there is a gap between what one could expect and what actually happens. Invest for keeps: The Sage of Omaha– Warren Buffett, is a great believer of investing for the long-term. In fact, he says, if it is a really good investment and works, he advocates investment for ever. He has quoted Coca-Cola as an example, where he has kept his investments for decades. This does not always work. Many companies, which are in a commanding position at one point, do not remain there forever. Changes like technological developments can undermine a company’s market position (Kodak, Xerox), may reach the end of the product cycle and mature. There are companies that are able to emerge winners and there are those who fall by the wayside. NOCIL, ORKAY, Nirlon, Dunlop were bluechips of yester years; but fell by the wayside for a number of reasons. So, if one were invested in them and just continued to hold, it would have resulted in value erosion. What Buffett said will work in some cases, not universally. You will constantly need to keep evaluating, if such stocks should have a place in your portfolio. Index investing is the best bet: This is a truism that has worked only partially in India. This has been substantially true in the US. Even factoring the higher expenses, actively managed funds do offer higher returns over index. For instance, the average returns of all the large-cap diversified funds beat the index, in one, two, three-year performances. Only five-year performance, the index had done better than the average performance of all the large-cap diversified funds. Now, ten year returns for Sensex & NIFTY are 15.79 per cent & 15.21 per cent respectively. The average for all diversified equity funds is 22.03 per cent. If you look at the top performers like HDFC Top 200 Fund, Reliance Vision Fund, they are all at 30 per cent. That’s almost double of what the index offers! What index investing, however, does for the investors here is to do away with the fund picking acumen of the fund manager and lower the cost of managing such a fund. But should it be the only part of your portfolio, I doubt it. Timing it to a nicety: How we wish, we entered and exited the market, always at the right time. And technical chartists would have us do just that. Every day, television channels and newspapers have chartists telling investors ‘buy, sell or hold’. The only problem: Future is projected on the basis of past data. True, it will work sometimes. But not always. For retail investors, it’s a completely unreliable tool. No wonder, even the Securities and Exchange Board of India asks mutual funds to say– Past performance is not a reflection of future performance – in their advertisements. On a lighter note, as Fred Schwed writes in his investment classic ‘Where are the Customer’s Yachts?’– "In our moments of sober thought we all realise that booms are bad things, not good. But nearly all of us have a secret hankering for another one. Another little orgy wouldn’t do us any harm, would it? This is quite human, because in the last boom we acted so silly. If we are old enough, we probably acted silly in the last three. We either got in too late, or out too late, or both. But now that we are experienced, just give us one more shot at a good reliable, runaway boom." Only problem– there is nothing called a good, runaway yet reliable boom that one can enter and exit, exactly at the right time. Value investing principle: Another commonly-touted idea. The problem is in the term ‘value’ itself. Value lies in the eyes of the beholder. At the height of the dot-com boom, companies with price-earnings (P/E) multiples of even 200, found takers. So any stock that would have quoted at 75 P/E would have been seen as a true value proposition. It is also very dependent on the industry in which the company operates, as well as their growth potential. Also, value could be derived from replacement value (as popularised by Harshad Mehta), Book value to price principle, price-earning to growth ratio etc. Value can also be a by-product of softer aspects like brand salience (Apple, Sony), quality of management (GE, HUL), innovation (Apple, 3M). That’s precisely why a lay investor is not able to get it right. Catch them young and watch them grow: We all want to invest in the next Reliance Industries or Infosys, right? The place to look for is the sunrise sectors and good companies there. But identifying the future sunrise sector is fraught with danger. Does bio-informatics qualify for a sunrise sector? It probably does, because it is an emerging area. So does, clean energy technologies, nano technology, contract research and manufacturing in pharma, genetic engineering etc. But, even companies in low tech areas may be sunrise sectors too- agriculture and agro-based industries, water based industries, environment management based industries etc. Now, identifying the sectors of the future correctly is a challenge by itself. Then putting money in the right company is even more of a challenge– as many of them would be unlisted companies and too much information about them would not be available in public domain. That is why, these companies have a fair ownership by venture capitalists, private equity investors and others, who are savvy and who will be able to invest in early stages. There may be very few in public domain and they could be expensive. Hence, a lot of what the analysts and gurus say, cannot that easily be replicated by a regular investor. While, there is no denying that gurus have been able to do it, the normal investor still finds them a challenge. Remember, there is an important difference: Investing is a full-time profession for gurus and analysts; it’s not the same for you. For you, there needs to be an investing strategy that is consistent with your risk-appetite, time horizon and so on. Keep it simple. Click here to download......

Black Tuesday

maddy — Sat, 10 Mar 2012 23:40:17 +0000

On Tuesday October 29th, 1929, Wall Street witnessed a 13% decline in the Dow Jones, an episode that became known in financial mythology as “Black Tuesday.” It is generally recognized that Black Tuesday was the beginning of the Great Depression. Between early September and the end of October 1929 the market lost a total of 40% in less than 8 weeks. In reality Black Tuesday was just the end of the beginning of the crash on Wall Street.

As you can see from the graph below, the market continued to fall for several years after Black Tuesday. By the end of the slide some pundits conjectured that the market might actually go to zero. From its high of 386.10 in September ’29 to its low of 40.60 on July 29, 1932, the market had lost a total of 89%! Click here to download the article....

Countering climate changes of Brazil

admin — Fri, 17 Feb 2012 23:40:04 +0000

CURRENT ENVIRONMENTAL MILEAU The Climate of Brazil varies considerably from the mostly tropical North (the equator traverses the mouth of the Amazon) to temperate zones below the Tropic of Capricorn (23°27' S latitude), which crosses the country at the latitude of the city of São Paulo. Brazil has six climatic regions: equatorial, tropical, semiarid, highland tropical, temperate, and subtropical. Temperatures along the equator are high, averaging above 25°C (77°F), but not reaching the summer extremes of up to 40°C (104°F) in the temperate zones. There is little seasonal variation near the equator, although at times it can get cool enough for wearing a jacket, especially in the rain. At the country's other extreme, there are frosts south of the Tropic of Capricorn during the winter (June-August), and in some years there are snowfalls on the high plateau and mountainous areas of some states. Precipitation levels vary widely. Most of Brazil has moderate rainfall of between 1,000 and 1,500 mm a year, with most of the rain falling in the summer (between December and April) south of the Equator. The Amazon region is notoriously humid, with rainfall generally more than 2,000 mm per year and reaching as high as 3,000 mm in parts of the western Amazon and near Belém. It is less widely known that, despite high annual precipitation, the Amazon rain forest has a three- to five-month dry season, the timing of which varies according to location north or south of the equator. High and relatively regular levels of precipitation in the Amazon contrast sharply with the dryness of the semiarid Northeast, where rainfall is scarce and there are severe droughts in cycles averaging seven years. The Northeast is the driest part of the country. The region also constitutes the hottest part of Brazil, where during the dry season between May and November, temperatures of more than 38°C (100.4°F) have been recorded. However, the sertão, a region of semi desert vegetation used primarily for low-density ranching, turns green when there is rain. Most of the Centre-West has 1,500 to 2,000 mm of rain per year, with a pronounced dry season in the middle of the year, while the South and most of the East is without a distinct dry season. CURRENT CHALLENGES The main environmental issue in BRAZIL is deforestation. Brazil once had the highest deforestation rate in the world and as of 2009 still has the largest area of forest removed annually. Since 1970, over 600,000 square kilometres (232,000 square miles) of Amazon rainforest have been destroyed. Despite reductions in the rate of deforestation in the last ten years, the Amazon Rainforest will be reduced by 40% by 2030 at the current rate. Between May 2000 and August 2006, Brazil lost nearly 150,000 square kilometres of forest, an area larger than that of Greece. Impact of deforestation on climate - In deforested areas, the land heats up faster and reaches a higher temperature, leading to localized upward motions that enhance the formation of clouds and ultimately produce more rainfall. In the Amazon when we compare the cloud cover in deforested areas and that with areas not affected by deforestation we see, areas still unaffected by deforestation found a significant increase in cloud cover and rainfall during the August-September wet season where forest had been removed. The height or existence of plants and trees in the forest directly affects the aerodynamics of the atmosphere, affecting precipitation. The Massachusetts Institute of Technology developed a series of detailed computer simulated models of rainfall patterns in the Amazon during the 1990s and concluded that the removal of the forest also leaves the land exposed to the sun naturally increasing the land temperature near the surface, enhancing evaporation and more moisture in the atmosphere. George Bush says that ethanol will save the world. But there is evidence that biofuels may bring new problems for the planet. Ethanol, which can be made from corn, barley, wheat, sugar cane or beet, is a green panacea - a clean-burning, renewable energy source that will see us switch from dwindling oil wells to boundless fields of crops to satisfy our energy needs. Ethanol is nothing new in Brazil. It has been used as fuel since 1925. But the real boom came after the oil crisis of 1973 spurred the military dictatorship to lessen the country's reliance on foreign imports of fossil fuels. The generals poured public subsidies and incentives into the sugar industry to produce ethanol. But there is a darker side to this green revolution, which argues for a cautious assessment of how big a role ethanol can play in filling the developed world's fuel tank. The prospect of a sudden surge in demand for ethanol is causing serious concerns even in Brazil. The ethanol industry has been linked with air and water pollution on an epic scale, along with deforestation in both the Amazon and Atlantic rainforests, as well as the wholesale destruction of Brazil's unique savannah land. Some of the cane plantations are the size of European states; these vast monocultures have replaced important eco-systems. The size of the plantations in the state of Sao Paolo they are oceans of sugar cane, in order to harvest these plantations are burned which creates a serious air pollution problem in the city. Despite its leading role in biofuels, Brazil remains the fourth largest producer of carbon emissions in the world due to deforestation. A study has indicated that biofuel carbon debt is created when Brazil converts land in undisturbed ecosystems, such as rainforests, savannas, or grasslands, to biofuel production, and to crop production when agricultural land is diverted to biofuel production. This land use change releases more CO2 than the annual greenhouse gas (GHG) reductions that these biofuels would provide by displacing fossil fuels. The study’s conclusion is that the net effect of biofuel production via clearing of carbon-rich habitats is to increase CO2 emissions for decades or centuries relative to fossil fuel use. FUTURE COURSE OF ACTION It is clear that to diminish deforestation in the Brazilian Amazon would require enormous financial resources to compensate the loggers and given them an economic incentive to pursue other areas of activity. The World Wide Fund for Nature (WWF) has estimated that a total of approximately US$547.2 million (1 billion Brazilian reais) would be required from international sources to compensate the forest developers and establish a highly organized framework to fully implement forest governance and monitoring, and the foundation of new protected forest areas in the Amazon for future sustainability. Such a huge amount can’t be handled by Brazil alone due it’s already pending international debt obligations. Other international organizations such as WWF (which is already lending a hand), has to join their forces to accumulate a part of the monetary funds required to reverse the process of deforestation. The biggest buyer of ethanol from Brazil is USA, and a lot of deforestation has taken place due to this ethanol production, so USA also has to shoulder a part of the burden of Brazil. So in order to accomplish this the government of Brazil needs to form a team which will look after this issue. The team will consist of government officials as well as non government officials such as environmentalists etc. This team will be contacting, governments of other countries who are dependent on the ethanol supply from Brazil, other NGO’s from different countries whose main field of work is ecological balance and also holding press conferences. The main aim of this team is going to be to spread the word of CO2 emissions in the atmosphere and its effects so that people from different countries also become aware. In order to produce ethanol huge parts of the Amazon rainforest has been removed for the cultivation of sugarcane. We understand that the exporting of ethanol has a huge significance in the economy of Brazil but at what cost? We are destroying the ecological balance of nature by doing this, and as we have already mentioned that burning of these sugarcane fields produce lot of air pollution. As it is not possible to stop the ethanol production but let’s stop the clearing of rainforests now. The cleared areas which are nearer to the cities, needs to be re planted and this sugarcane production needs to be done as far away from the cities as possible so that we are not affected by the air pollution. 2nd of all we need to produce sugarcanes at only 1 place because reusing of soil for diff crops increases CO2 emissions. In order to boost our economy we can shift our attention to coffee, which was primarily our most exported substance. Cultivating coffee does not lead to air pollution as we don’t burn the coffee fields. So by following the above steps we can bring down the levels of CO2 in the atmosphere as well the drastic effects of deforestation. Click here to Download this article.

Investing is not a Game of Football!

vicky113 — Wed, 15 Feb 2012 11:39:59 +0000

I'm not a professional football player. I'm not even a football player, I only enjoy the thrill, passion and obsession that every football world cup brings and the current one is no disappointment. The last time I touched a football was 6 years ago. But I did read about how a professional football player aims to hit as many goals to the opponent to make them miss, in order to win. An amateur, on the other hand, aims to try to catch as many balls as possible, aiming not to make any mistakes till his opponent eventually makes a mistake and causes himself to lose. That's defensive playing. I'm not a professional stock investor either. I admit neither have the time nor the patience to go through every financial report, visit the companies I'm interested in buying and whatever else it takes to be really confident enough to put a huge chunk of my hard-earned money into the stock. So I have to invest defensively. I aim to minimise my losses while riding the general upward trend of the stock market, rather than maximising my gains on the individual hot stocks. The best thing i tend to utilize over here is the fact that the weak market efficiency does not work in intra day trading most of the time, so I invest soon after the stock market opens, looking at the upward trend, and sell out after making a reasonable profit which I call the margin and leave the market for the day. It may limit my gains a little, but in the event of a crash, I hope to come out relatively intact. I basically expect a crash, even in the longest Bull Run ever. It's like having a Plan B even though you hope you never have to use it, or buying insurance though you don't really want to die or get a critical illness just to make the most of it. So how do I play my defensive game? I protect myself the following ways. 1. I stick with what I know. It's easier to figure out that maybe the market has over-reacted when you are familiar with the industry. For example, I bought Mind tree when the share price was down due to less offshore projects and our economic turmoil. Investors anticipated that the share price won’t come up in the near future, but I having faith in Mind Tree (where I was offered a job) knowing the type of work they do, bought the shares at the right time when the market was down and now soon after that Mind Tree got a big project and the share prices are moving up every day as I write. 2. I buy stocks when the price is low. It works either when the market is down, or if the individual stock has fallen out of favour. If you buy when the market is down, it can only turn up. Of course, the risk is that you never know when it is going to turn up and you may be stuck with a low price for a long time. It really isn't easy to time the market, but you can tell for example, if there has been an irrational selling off of stocks. That's a good time to buy. The stock market has gone on sale. Stock up ! 3. I try to buy stocks that are near their underlying values. I'm not very good at analyzing companies, but I figure if the company has Rs.X in cash per share, or Rs.Y in assets that can be sold off should the company fold, and the price is within that range, it should be reasonably safe. 4. I like stocks with good dividend yields. That way, even if the stock price falls, eventually, the dividend payout becomes so good, people will start buying it again, so helping to support the stock price. Plus I figure, if the company can afford to give out dividends regularly every year, it can't be doing too badly. 5. I have some shares of Reliance, I know they are the most volatile of the stocks thats traded on the NSE and BSE, but if the Ambani’s aren’t doing it right then who will? 6. Another important aspect that every investor should look into is diversification of the portfolio. I never hold stocks of the same industry; you should always diversify your investments. For example, there is a Re. Appreciation, this time the software industry will lose out hugely, so if you only buy stocks of software companies then you stand to lose huge. So in order to avoid that reduce your risks you should always go for stocks from different industries all together. 7. One more key point in investing is what is your risk tolerance level? As we all know higher the risk higher you stand to gain and the reverse is also true. So if you are an investor in your 20s you will have a high risk tolerance level, so you will tend to invest in riskier securities hoping for larger returns, while if you are in your 50s you will be looking to keep your money safe with little return, so you will tend to invest in less risky securities. So according to your risk tolerance level you need to invest. To conclude I would like to say, whenever you are investing do a little groundwork, work out your priorities straight (you don’t need to investment analysis and portfolio management knowledge for this), look at the advice that’s offered everywhere but don’t go with it blindly, the last decision should be yours only. After all investing is not a game of football!!! To download this article click here..

Catastrophe Bonds Market

vicky113 — Fri, 03 Feb 2012 11:40:09 +0000

It is a high yield debt instrument that is usually insurance linked and meant to raise money in case of catastrophe such as a hurricane and earthquake. It has a special condition that states that if the insurer (insurance or the Reinsurance Company) suffers a loss from a predefined catastrophe, then ... click here to read more on Catastrophe Bonds Market

Essential qualities in a Criminal Lawyer

vicky113 — Sat, 28 Jan 2012 11:40:00 +0000

Do you need a criminal lawyer? Are you looking for one to help you with your case? Is anyone you know in trouble and you need clarification on what to look for in a lawyer that will be able to help turn the case in your favour? Would you like guidelines on what you need to spot in any lawyer before hiring his services? How would you like to know within five minutes of talking to a lawyer that you have the right guy? Here are some tips and guidelines to help you along that line.

1. His History and Record Most of the time, finding a criminal lawyer isn't the problem. It is his track record that is the problem. Questions like "How many cases has he won? How many has he lost? What do his colleagues think of him? Does he deliver solid results? Most importantly, can he help me win this case?" come to mind when you want to hire a criminal lawyer. Therefore his track record will speak volumes for him. Criminal lawyers have their victories and their losses. But you don't want one that has more losses than victories. Some attorneys have the good fortune of winning over 98% of all their cases. If you find one like this, he is likely to be costly, will be sought out by most people and more importantly, may not have the time for you even if you have the means to pay him for his services. But if on the other hand, you can find one who has at least 65% of his cases won, then you have a very good chance of hiring the right person - and he is also likely to be less busy and cheaper.

2. Professionalism A lawyer's time is crucial and he therefore doesn't really have the time to chitchat and talk about your woes. What he often wants to talk about is how he can help you. This should come across in your interactions. If he is professional in his interactions with you, then you can be sure you have a good one. He will often ask questions with the aim of getting to the root of the matter. His demeanour will most times be open and while he may be gruff in appearance, he can often make you feel safe. This is the kind of lawyer you want to deal with.

3. Flexibility in Payment options While it is important that you pay him his fees, he should be flexible and understand that times can be rough. In certain instances, if he feels that you may not be able to pay and the case involves compensation for you if you win, you can make him an offer by splitting the profits if you win the case. Good criminal lawyers tend to go for this option and will put in their very best to ensure that you win the case. After all, they cannot make any money unless they win. Other qualities to look for when selecting a criminal lawyer: * Listen carefully to your needs and explanations * Ask lots of questions to dig deep for * Provides procedures and questions that may arise in court very clear to you and other parties involved * Find all possible means the law to help you receive outcome * Understands the importance of early preparation * Works with you in your financial situation to reduce the burden If you're not sure where to start your search, go online and type in keywords specific to your needs. For example, type "Salt lake Kolkata criminal lawyer", "Fort Lauderdale criminal lawyer," misuse of funds or a lawyer in Mumbai "to find a lawyer according to your specifications and / or location. This will reduce research, and help you find the websites of the various lawyers so that you can compare their services online. Make a few calls and notice the professionalism and manners of the receptionist. This is your first impression of any business and a starting point. Now you are ready to meet with a criminal lawyer or perhaps even a bit to make your final decision. Click here to download the article.

a short case study on essential qualities for success

Tips for energy saving

maddy — Thu, 19 Jan 2012 23:40:31 +0000

Here is a good article which is targeted towards identifying the opportunities for power saving in a typical industrial setup. A real nice read for all who believe in the statement that "Energy is future"

Effects of change

vicky113 — Tue, 27 Dec 2011 23:40:16 +0000

Change management is a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state. Change management (or change control) is the process during which the changes of a system are implemented in a controlled manner by following a pre-defined framework/model with, to some extent, reasonable modifications. In project management, change management refers to a project management process where changes to a project are formally introduced and approved. The field of change management grew from the recognition that organizations are composed of people. And the behaviors of people make up the outputs of an organization. Read the article to know how the change has the effect in overall aspect.