Deontological Ethics Case Study Example | Topics and Well Written Essays - 1250 words

Deontological Ethics - Case Study Example The second ethical problem is how the external auditor would perform his function in the conduct of external audit.. Deontological framework takes a normative ethical position that judges the morality of action based on latter’s conformity to rules or rules. It is sometimes called duty-based ethics or rule-based ethics because a person is bound to ones duty (Hartman, 2004). It is differentiated with consequentialism where the rights are determined by the consequences. The primacy or importance of the rules is clear in deontological. The validity the rules would have to relate them with what is universal and rational man ought to do under the circumstances. Thus, Kant ethics which will be used in this is paper since it is deemed to under this type of ethics because of the principle of universalism (Weiss, 2008). This should be deemed accomplished as found in section 2.1. The first issue is on the interpretation of accounting rules in the preparation of the financial statements. Case facts provide in the preparation of its financial statements, that WorldCom used a liberal interpretation of accounting rules. Interpretation could of course be liberal, strict or just be neural enough to balance the two extremes. Since the company has a purpose in having a liberal interpretation which is make it appear that its profits were increasing, the company must have reason for doing so. It has done the same by writing down in one quarter earnings the cost of company expenses expected in the future so that is it would have bigger losses in the current quarter but smaller ones in the future quarters (Moberg, 2010). The idea was to show trend of constant growth in the profit of the company as a sign of growing or sustainable company. In other instance involving its acquisition of MCI, WorldCom had the accounting opportunity to reduce the book value of some MCI

Conduct Business Essay Example | Topics and Well Written Essays - 250 words

Conduct Business - Essay Example One disciplinary action for lateness is wage deduction, unless one is taken ill, in which case, the employer should follow the law in giving sick pay. Since many employees have at one time struggled with punctuality issues at the workplace, employers often encounter excuses for lateness such as excessive traffic, car breakdown, and alarm failure. Although an occasional lateness is forgivable, repeated cases call for disciplinary actions so that lateness may be curtailed. The first step to curbing lateness is by issuing staffs with work schedules in advance while keeping a master copy of the schedule for verification. Second, employees should be reminded of the importance of keeping time, be listened to and appraise fairly in case of lateness. In case of repeated lateness, a conference in which a calm and problem-solving approach is used is highly recommended between managers and employees. In fact, an employee’s schedule may be changed if the reason for lateness is genuine (Mooney, 2012). In these conferences where solutions to tardiness are sought, the negative impacts of tardiness not only on their professional lives but also their personal growth and development should be explained to employees. Increased productivity, morale, and job satisfaction are among the benefits of finding solution to workplace lateness. In fact, working together with employees in solving lateness related issues is a rather feasible method as all parties feel fairl y represented and appraised, implying that whatever the outcome of such joint efforts are inclusive and everyone feels part of the deliberations (Mooney,

The Decolonisation Of Ghana History Essay

The Decolonisation Of Ghana History Essay 1. Abstract: This Extended Essay is going to be about the Decolonization of Ghana. I have chosen this Topic due to my Interest in that country and because I spend my holidays there once a year. This essay is supposed to view the decolonization of Ghana and the reasons and thoughts behind it. This Extended Essay is written for the people who are interested into the problems and affairs in the decolonialization of Ghana. This piece of work is should show the recipients the reasons and problems linked with decolonialization and if the people of Ghana received the Independence and its aftermath with enthusiasm and/or neglecting. The essay can be divided up into a theoretical piece, in which I will write about the decolonization, its problems and reasons and a second part, where I will discuss how Nkrumah was able to get support. My research questions are: What are the reasons for decolonization and to what extent was Nkrumah successful in gaining support for Ghana and how? Well we know that reasons for the decolonization was due to the fact that Nationalism and self-rule were things the people of Ghana were aiming for, which without removal of the current situation could not have been realized. The other fact is that Nkrumah was successful in gaining Ghanaian support, with factors being bankruptcy of Britain, hatred for Britain, and thanks to the important constitutions made. What we are unaware of is how these steps were taken in order to counter the problems and to what extent they were able to be successful in removing their problems. 2. Introduction: During World War 2, colonies from around the globe came back to their mother countries in order to help their colonial masters fight against the enemies. While the going to be Prime Ministers, Henrik Verwoerd and B.J. Vorster, of South Africa supported Hitler, the majority of French colonialists remained loyal to its government until 1943. The wartime propaganda from the Germans had a part in this defiance of British rule. Japans conquests in the Far East caused shortages of various products such as minerals etc. Africa was therefore then used to make up for this problem and could greatly profit from this decision. U-Boats monitoring the North-Atlantic Ocean restricted the shipping of raw materials to Europe and so made the industries in Africa come to life. Local industries in turn caused the creation of new towns, and existing towns doubled in size. As urban community and industry grew so did trade unions. In addition to trade unions, urbanization brought about inc reased literacy, which allowed for pro-independence newspapers. By the 1930s, the colonial powers had carefully cultivated a small elite of leaders educated in Western universities and familiar with ideas such as self-determination. These leaders, including some major nationalists such as Kenyatta (Kenya), Nkrumah (Gold Coast, Ghana), Senghor (Senegal), and Houphouet-Boigny (Cà ´te dIvoire) came to lead the struggle for independence. 2. What are the reasons for decolonization? Before discussing this policy in these fields, it would be helpful, perhaps, to give a general picture of the kind of government that ruled at the time. The government could have been described as a mixture of direct rule by the central government and the rule of African institutions. There had been a steady bias towards the latter. Ghana is a classical example of decolonization of an English colony after World War Two. A mix of nationalism, a foundation of self-rule and educated elite, men returning from serving in WW2, strong leadership, and a weakening of Europes hold on colonies because of the devastation of World War Two made Ghana the vanguard of sub-Saharan African independence. There was a disease threatening the cocoa farmers. This disease was damaging cocoa farms at an extremely high rate and despite scientific research the only solution to this was to cut out the infected trees. This didnt please the farmers since at the time the price for cocoa was very high. So following the solution the government was experiencing resistance throughout the land. But the greatest problem was the deprivation. At the same time other disorders had broken out in the business district of Accra. Crowds, dissatisfied with the new prices resulting from the boycott agreement, which had been made, and incited by agitators had began to riot and loot and burn both European and Syrian owned stores. It even came that far that the people broke into the prison and freed prisoners to join in. This kind of turmoil spread to other towns of the Gold Coast./ It was the time for change. 3. How was decolonization achieved? World War II ushered in a massive wave of decolonization struggles, and dozens of new states. The first half of the twentieth century was devastating for European colonial powers. The cumulative cost of World War I, the collapse of control and stability during the Age of Anxiety, and the devastating epic conflict of World War II, all contributed to the erosion of colonial control. Although regions seeking independence still had years of fighting to endure after 1945, countries like Britain, France, Belgium, Portugal, and the Netherlands were in a losing struggle to hold onto their colonies. Japan, Germany and Italy lost their colonial empires immediately following their defeat. The U.S. also began to relinquish direct colonial control over acquired territories, focusing its energies on building Cold War alliances and influence, In short, colonial empires collapsed all over the world, and out of this turmoil emerged dozens of new countries. World War II had a marked influence on the G old Coast. The changes it brought were found, of course, not only in the Dependency but in all colonial areas. World opinion had become much concerned with the problem of dependent peoples and the United Nations Charter included a section in which the colonial powers agreed to promote the advancement and eventual self-government of these territories.The Country of Ghana had been developing economically and so the focus of government power gradually shifted into the hands of the Ghanaians, instead of staying in those of the Governor and his officials. This had been made possible due to gradual development of a strong spirit of nationalism and which would eventually result in independence. In effect the Gold Coast was ready for an increased measure of self-government for the economic, social, and political development of the inter-war years had contributed to the experience of the Dependencys leaders. The territorial councils had broadened the viewpoint of chiefs hitherto confined to the particular interests of individual states, and service on the legislative council had taught the traditional rulers and the educated classes to work together in general with the view to the national good. Once the movement had begun, events moved rapidly, at a pace that not only surprised the colonial government but also among conservative African elements as well. In the late nineteenth century, an arbitrary political system which placed almost all power into the hands of the governor through his appointment of council members had been thought unacceptable by a number of educated Africans. In the 1890s, a group was formed named, the Aborigines Rights Protection Society, by members of the educated coastal elite. They protested against a land bill that threatened traditional land tenure. In the end this protest helped build a foundation for political action that would ultimately lead to independence. From the African members of the legislative Council, one of them, Joseph E. Casely-Hayford, convened the National Congress of British West Africa, which then sent a delegation, so that the colonial office was urged to consider the principle of elected representation, in 1920. This group represented the first expression of political solidarity between nationalist and intellectuals of the area. Sadly the delegation had not been received, but it had by any means aroused considerable support from the Africans elite back home. Granting their call for elected representation as opposed to a system, in which the governor appointed numbers of the council, the nationalists had insisted that they were loyal to the British crown and that they only would help make an extension to British political and social practices of Africans. They had important leaders, such as Africanus Horton, John Mensah Sarbah, and S.R.B. Attah-Ahoma. These few men gave the nationalist movement a distinctly elitist touch which was going to last. Provincial councils of paramount chiefs had been created by the constitution of 1925. The councils in return elected 6 chiefs as unofficial members of the legislative council. The new constitution was appearing to recognize African sentiments, but Guggisberg, governor and command-in-chief, was mostly concerned with how to keep the British interests protected. For example: Africans only had a limited voice in the central government. By doing this, Guggisberg had spawned a wedge between the chiefs and their educated subjects. The subjects now believed that the chiefs had cheated the by letting the provisional councils fall into British hands, son that the chiefs would be able to receive support from the British. However the chiefs and the intellectuals had begun to reproach each other again, by the mid 1930s. Agitation for more adequate representation continued. So two more unofficial African members had been added to the executive council in 1943, this was gained due to the call for broader representation. The Burns constitution of 1946, named after the governor in charge at the time or just known as the Gold Coast constitution, had been a very bold document. It was bold due to the fact that for the first time they had abandoned the concept of an official majority. 6 Ex-officio, 6 nominated members, and 18 elected members composed the legislative council at this moment. In addition it also admitted representatives from Asante. Although there was a Labour Party Government in power, the British still viewed their colonies as sources of raw materials. These sources were bitterly needed, since the British economy was crippled and they needed to strengthen it. Only after riots and looting did the British decide to make, the placing of real power into African hands, a priority. Ghana now had a decisive majority of elected members. They have reached a Level of maturity in politics unheard of elsewhere in Africa. The government had been unable to bring down high prices, curtail profiteering, a nd ease other economic burdens of the country. The people were disappointed that their representatives in the newly formed legislative council did nothing to help them in this battle. The above statements give us a fairly good indication of the U.G.C.C.s objectives. It is important at this juncture to notice certain characteristics if the organization. The organizations was mainly made up of the à ©lite, it also always put pressure on its aim of fulfilling self government. But it should be achieved by legitimate and constitutional means. These hints make the impression that the U.G.C.C. represented a kind of conservative nationalism in contrast to the later kind that will develop in the near future. But a new phase dawned upon the history of the organization, which they themselves hadnt realized, by the Mr.Kwame Nkrumah becoming its general secretary. Nkrumah was born in a small village of Nzima, in the western section of the colony, in September 1909. He studied at Achimota and later in the United States, where he obtained a bachelor of Divinity degree from Lincoln University and a Masters of Arts from the University of Pennsylvania. During his years in America and a later stay in England he had gained considerable experience in leadership by participating in various political organizations and in associations designed to promote Negro advancement or self-government in Africa. The U.G.C.C. hoped to make the best out of his knowledge and experience. Although they were highly mature in what concerned politics, the constitution didnt grant them the freedom of having self-government. The executive power still remained in the hands of the governor, to whom the legislative government was responsible. The constitution faced trouble, although it had been greeted with enthusiasm. Many Gold Coast Veterans upon return, meanwhile WWII had ended, came back to a country in which shortages, inflation and unemployment ruled. So veterans started to form into a group of discontent people who were at the brink of creating disruptive action. Soon they were joined by farmers and many others who expected economic improvements, since the war had ended, but didnt receive any. So the tensions were still increasing since the war had ended. These Riots then resulted in having all of the U.G.C.C. members, including Nkrumah, arrested. Through this these men became known as the Big Six. The big six were the release again upon the arrival of the commission. 4. To what Extent was Nkrumah successful in gaining Support for Ghana and how? Dr. Kwame Nkrumah was a political leader and icon throughout Africa. We are able to thank him for liberating the Gold Coast and form it into the Ghana, which we know today. As he watched independence beginning to start in Africa, Nkrumah was anxious during that entire stage, simply due to his thought that imperialist rulers had ingeniously postponed their ultimate demise by granting sovereignty to the colonies, which they had previously done. Our hero had devised many political objectives to fight these imperialists and implemented them at the perfect time. Nkrumah was able to present his political beliefs already at an early stage, already as a graduate student in Great Britain. He had joined a student club and brought his messages through the local newspapers, during his studies at LSE (London School of Economics). Later on Nkrumah then was able to publish a pamphlet which set its focus on showing the downside of the imperialist rule on the African continent. Included were also thoughts, by him, towards colonial freedom and a way in which it could be obtained. This leadership role of his, progressed further, while in the meantime he had been elected to the executive board of the West Africans Student Union, at the college he was attending. The later on as Vice President he continued to criticize outlandish rule. The passion, which turned out to be so strong, towards ending the foreign rule in Africa, that he even considered forming the group named, Circle Union of Socialist African Republics. This confidential group was looking to lib erate Africa from the foreign rule. Nkrumah had officially founded the CPP to aid the liberation of Ghana on the 12th of June 1949. Most members were pulled out from the Committee of Youth Organization. This program looked to be very promising as spread his ideas of self government to farmers, unions, womens unions, and many younger people. In Nkrumahs eyes the only way the citizens of Ghana would be able to take control of their government would be through political unity. Nkrumah argued that cultural and economic independence would follow close behind. The policies and the formation of Nkrumahs CPP brought a positive influence to the people in Ghana and seemed to be destructive to the British Governments chance of maintaining control. Many factors help him gain support from the people some of them were, Propaganda in the form of signs, and he also found that coming up with party songs that give hope to the nation, was effective. All these things were used to make Ghanaian citizens aware and to gain support in the rem oval of the foreign power in charge. Nkrumahs campaigning began the 8th of January in 1952. 5 key ways in which Nkrumah could fight the imperialistic forces where: political education, nationalist aid, propaganda, dipl. Cooperation and by implementing a new policy in which the country of Ghana would not get involved with any form of Imperialist. Every stage was positive from Nkrumahs point of view. He even tried to remove the temporary regional assemblies, which were the safeguards in the constitution which would help the opposition. The Preventive Detention Act was introduced 1957. This act was laws, which allowed the police officers to arrest and possibly detain people that his government thought to be working against them. Another point was that Nkrumah had a feeling in his gut that the only way to maintain an imperialist free country was to become economically independent as well. The best way was to become an industrialized country. 5. Conclusion In my opinion Ghana had reached their goal by gaining Independence from the British, but while doing this they had cut their own flesh. I will have to name the good things first before I come to the bad things. Ghana had decided to deport foreigners who were perceived as threats to Ghana in the Deportation Act of 1957, which I think is a reasonable choice to make since having foreigners in ones parliament might have different effects on people. In addition to that in 1960 Ghana had officially become a republic, namely on the 1st of July. But now to the bad side of things, the Ghanaians now had cut the connection of to the British and by doing this they might have forgotten the fact that they were still slightly dependent on them. With dependent I mean that their economy was dependent from the British. Once they had cut the cord there was no way back and so they lost their biggest trading partner Britain. The consequences followed shortly and it is one that you still can feel today. T he economy had plummeted since the loss. Nkrumah had made almost all the right decisions for his people, but he had forgotten about the economy. He was so concerned with the maltreatment of his country by the white man, which he, instead of considering the actions he was taking, wanted to get rid of them once and for all. Nkrumah didnt consider the advantages they had through the white imperialists, but saw them as a problem to the people of Ghana and other African countries. I myself, in Nkrumahs position of course, would have been upset about the ongoing suppression of the imperialists in the country and would have wanted to send them to the moon with a one way ticket. Things just dont work that way and it would have been a lot smarter to just consider the options and possibilities, of how to get rid of the imperialist, but maintain a stable country at the same time. 7. Books Bourret, F.M.: Ghana-The Road To Independence; Oxford University Press, 1960 Buenor Hadjor, Kofi: Nkrumah and Ghana; Kegan Paul International Limited, 1988 Gocking Roger S.: History of Ghana; Greenwood Press, 2005 Nkrumah Kwame: Consciencism 7.1 Internet sources http://en.wikipedia.org/wiki/History_of_Ghana (26/09/10) http://www.ghanaweb.com/GhanaHomePage/history/independence.php (26/09/10) http://www.ghanaweb.com/GhanaHomePage/history/slave-trade.php (26/09/10) http://www.honolulu.hawaii.edu/distance/hist/decol.htm (26/09/10) http://www.ukessays.com/essays/politics/dr-kwame-nkrumah.php (26/09/10)

Rwanda-Hutus and Tutsis Essay examples -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"The triumph of evil occurs when good men do nothing.† This quote was said by the modern day political philosopher, Edmund Burke. This quote means that it is when good people don’t take action that bad things are allowed to happen. This relates to the recent genocide in Rwanda, when the Hutus massacred the Tutsis over a period of 100 days in the summer of 1994. Three major ways in which good men did nothing is the UN’s avoided action, the soldiers who abandoned the Tutsis, and the United States’ refusal to use the word â€Å"genocide,† and took no action to prevent it.   Ã‚  Ã‚  Ã‚  Ã‚  The UN did a large deal of procrastinating during the ordeal in Rwanda. At first, they wouldn’t even address that there was a problem, since no one stepped forward to say that there was one. They simply ignored it when the Rwanda ambassador told them that it was just a â€Å"civil war.† When the UN finally did admit to the fact that there was a problem, they made several promises of action. These promises were hollow. Few actions were actually made to defuse the problem. Now the UN had already broken its most sincere promise in only 50 years, to never allow the extermination of a single group of people. A promise made immediately following the end of the holocaust. All the UN really did was to send troops over there but that did little, the number of troop at one point was only a couple hundred, not nearly enough to stop the Hutu army. They also asked the US m...

Atm Card Project

The completion of every task needs the guidance support & cooperation of many people. This is the opportunity to thank all those who had directly or indirectly helped me in completing this work. First and foremost I am grateful to my project guide Mr. Rahul Deo whose kind guidance, help & motivation helped me to complete this project. I express my sincere gratitude to Dr. Rajendra Kumar Jain,H. O. D(M. B. A Department ) and all the faculty members of SVIM for their kind support. I am grateful to Director Ret. Major General Dr. J. R.Bhatti of Shri Vaishnav Institute Of Management for providing proper facilities in the college. I would also like to thank all the respondents and wholesaler/retailer/distributor for giving me their precious time and relevant information ,without which this Project would have been a different story. Last but not the least I am grateful to my parent, family & friends who have supported and encouraged me during my work. PRAVIN PAHADIYA MBA IV SEM(PT) SVIM,IN DORE.ATM CARD : A VITAL FACILITY & ITS IMPACT ON ECONOMY WITH SPECIAL REFERENCE TO ICICI & IDBI INTRODUCTION: ATM the fastest and convenient way to access your account anytime anyway whether you are in your home town or around the world. It is convenient and safe to carry and place of lacks of rupees while traveling or anywhere ATM’s now having a wide impact on economy too. HISTORY OF ICICI & IDBI: INDUSTRIAL CREDIT & INVESTMENT CORP. OF INDIA LTD. (ICICI). It was set-up as a Development Finance Institute in 1955 under the Indian Companies Act 1913 with the support of Govt. f India and active involvement of the World Bank. INDUSTRIAL DEVELOPMENT BANK OF INDIA (IDBI). It was established in July 1964. The bank is intended to serve reservoir from which the existing financial institutions can draw. It seeks to cover the gaps left by the numerous state institutions working in the field of Industrial Finance. OBJECTIVE OF PROJECT: 1. To find its impact on economy. 2. Satisfaction o f ATM users. STUDY AREA: ICICI & IDBI, Indore METHODOLOGY: 1. Sampling: Sampling technique: Random Sampling. SOURCE OF DATA: ) Primary Data 2) Secondary Data LIMITATIONS: ? Sample restricted to Indore City Only. ? Biasness of respondents. ? The entire study and analysis are based on the responses obtain from structured questionnaire. ATM – A VITAL FACITLITY & ITS ITS IMPACT ON ECONOMY INTRODUCTION ATM (AUTOMATIC TELLER MACHINE) is the easiest & the fastest way to access your account any time, any where through any of the ATM’s across the country even out of country. Now ,the money is accessible by any person 24 hours a day,7 days a week & 365 days a year.It is also known as â€Å"ANY TIME MONEY†, it means that banks never closed. All of us carry some form of â€Å"Plastic Money† with us whether it is Debit card, ATM card, Smart card or Credit card. The International Debit Card allows you to purchase goods at Merchant Establishments and also gives you the freedom to withdraw cash from ATMs in India and abroad. ATM Card gives you the freedom of making purchases without the hassles of paying in cash. No need to carry cash, no paying bills at the end of the month†¦your purchases will be debited to your account instantly.We can withdraw from 15,000 to 2,00,000 rupees in a day from different bank’s ATM machine & deposit up to 30 notes at one time even we can also deposit cheques through the ATM. Operate multiple account with a single ATM card of the bank. INTRODUCTION INDUSTRIAL CREDIT & INVESTMENT COPERATION OF INDIA (ICICI) bank is India's second-largest bank with total assets of about Rs. 106,812 crore and a network of about 450 branches and offices and about 1700 ATMs. ICICI was set up as a Developed Financial Institution in 1955, under the Indian Company Act,1913 with the support of the Government Of India ; active involvement of the World Bank.ICICI Bank offers a wide range of banking products and financial services to c orporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital, asset management and information technology. ICICI Bank's equity shares are listed in India on stock exchanges at Chennai, Delhi, Kolkata and Vadodara, the Stock Exchange, Mumbai and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. In the 1990s, ICICI transformed its business from a development financial institution offering only project finance to a diversified fin ancial services group offering a wide variety of products and services, both directly and through a number of subsidiaries and affiliates like ICICI Bank.In 1999, ICICI become the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE. After consideration of various corporate structuring alternatives in the context of the emerging competitive scenario in the Indian banking industry, and the move towards universal banking, the managements of ICICI and ICICI Bank formed the view that the merger of ICICI with ICICI Bank would be the optimal strategic alternative for both entities, and would create the optimal legal structure for the ICICI group's universal banking strategy.The merger would enhance value for ICICI shareholders through the merged entity's access to low-cost deposits, greater opportunities for earning fee-based income and the ability to participate in the payments system and provide transaction-banking services.The me rger would enhance value for ICICI Bank shareholders through a large capital base and scale of operations, seamless access to ICICI's strong corporate relationships built up over five decades, entry into new business segments, higher market share in various business segments, particularly fee-based services, and access to the vast talent pool of ICICI and its subsidiaries. In October 2001, the Boards of Directors of ICICI and ICICI Bank approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank.The merger was approved by shareholders of ICICI and ICICI Bank in January 2002, by the High Court of Gujarat at Ahmedabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. Consequent to the merger, the ICICI group's financing and banking operations, both wholesale and retail, have been integrated in a single entity. A nywhere Banking ICICI Bank is the second largest bank in the country, serves a customer base of more than 5 million customer accounts through a multi-channel access network.This includes more than 400 branches and extension counters, over 1000 ATMs, Call Centre and Internet Banking. Thus, one can access the various services ICICI Bank has to offer at anytime, anywhere and from anyplace. Do’S & Do not 1. Sign on the card immediately on receipt. Unsigned cards are invitations for misuse. 2. Keep the card in a prominent place in wallet / vault. This will help you to notice if any of your cards is missing. 3. Ensure that the card you got back after the transaction is yours before putting in the wallet. 4.Keep all card number, expiry date and contact number of the issuing bank at a secure place for ready reference. It has to be kept in a different place than where you normally keep cards. 5. Inform issuing bank immediately if you lose the card or it is loss/stolen from you. 6. Mem orize PIN and destroy the mailer PIN is an important validation of your identity. The use of PIN along with card is considered as your authentic signature. 7. Inform change of address to card issuing bank immediately. Inform postal authorities also about the forwarding address. 8.Keep all charge slips till you get statement from bank. Check all charge slips against the statement. If there is a mismatch immediately contact the issuing bank. 9. If going abroad, make note of the card company's (Visa/ MasterCard/ Amex) emergency number abroad. 10. Do not give your debit card number over the phone or on the Internet. 11. When using your card in a merchant establishment, only your signature is needed. Never disclose any other personal details about yourself, be it your address or phone number. 12. Never sign an incomplete sales slip.Make sure it is totaled. Basic Features ICICI Bank and HPCL bring you the â€Å"Fuel† Debit Card. A debit card designed with just our convenience in mi nd. Just hand it over at any HPCL pumps and SAVE on our fuel purchases. In fact you can use the card for all your shopping, dining and traveling needs, so we spend with total control. Combining the acceptability of a credit card and the prudence of an ATM Card, the ICICI Bank Ncash Debit card is a most convenient accessory for us. No more fear of overspending. No more searching for the nearest ATM. Only more comfort and convenience!With the ICICI Bank Ncash Debit Card you can shop using VISA Electron's on-line debit program, and debit your ICICI Bank account directly when transacting at any VISA accredited member establishment or ATM across the world! Accepted at over 40,000 merchant establishments, more than 1,200 ICICI Bank ATM's and more than 2,500 VISA ATMs all over India. International Card, offering deposit access at over 11 million merchant establishments VISA . Your ICICI Bank HPCL Debit Card comes packed with the following features: 1. Direct On-line debit to your ICICI Ban k account. 2.Refund of surcharge for fuel purchases at HPCL pumps. 3. Accepted at over 40,000 shops, more than 1,200 ICICI Bank ATM's & 2,500 VISA ATMs all over India. 4. International card offering deposit access at over 11 million shops and & VISA ATM's all over the world. 5. 24 Hour Customer Care Center. 6. Speed-O-Miles Rewards Programme. 7. Itemized billing on your bank statement. 8. Lost card insurance. Fee ; Charges: No transactions charges at ICICI Bank ATMs. Transactions charges at Non ICICI Bank ATMs : Rs. 50/- for cash withdrawal ; Rs. 25/- for balance enquiry. Lost Card Insurance:In case our card is lost or stolen, we just need to call our 24 Hour Customer Care Centre . A new card will be issued on request and sent to you within 1 week of reporting this loss. We are protected from any financial liability arising from any purchase transactions done on our card, from the time you report the loss. INTRODUCTION INDUSTRIAL DEVELOPMENT BANK OF INDIA was established in July 196 4, to serve as a reservoir from which the existing Financial Institutions can draw. It seeks to cover the gap left by the numerous state institutions working in the field of industrial finance.The bank is expected to combine commercial, promotional ; re-financing activities. It took place after RBI issued guidelines for entry of new private sector banks in January 93. Subsequently, IDBI as promoters sought permission to establish a commercial bank and retained KPMG a management consultant of international repute to prepare the groundwork for establishing a commercial Bank. The Reserve Bank of India conveyed it's in principle approval to establish IDBI bank on February 11th, 1994. Thereafter the Bank was incorporated at Gwalior under Companies Act on 15th of September 1994 (Registration No. 0-08624 of 1994) with its Registered Office at Indore. The Certificate for Commencement of Business was received on 2nd of December 1994. The Future IDBI bank looks confidently into the future to face and thrive in the intense competitive environment that is emerging. The bank has now gained experience and has in place the strategies required for gaining a leadership position. With cutting edge relevant technology, aggressive marketing, innovation, tight control over costs and with its motivated workforce, the bank is all set to emerge as a model global corporate citizen n the days ahead. IDBI, the tenth largest development bank in the world has promoted world class institutions in India. A few of such institutions built by IDBI are The National Stock Exchange (NSE), The National Securities Depository Services Ltd. (NSDL), Stock Holding Corporation of India (SHCIL) etc. IDBI is a strategic investor in a plethora of institutions which have revolutionized the Indian Financial Markets. IDBI promoted IDBI bank to mark the formal foray of the IDBI Group into commercial Banking. This initiative has blossomed into a major success story.IDBI bank, which began with an equity capital base of Rs. 1000 million (Rs. 800 million contributed by IDBI and Rs. 200 million by SIDBI), commenced its first branch at Indore in November 1995. Thereafter in less than seven years the bank has attained a front ranking position in the Indian Banking Industry. IDBI bank successfully completed its public issue in February 99 which led to its paid-up capital expanding to Rs. 1400 million. The promoters holding consequent to this public issue stood reduced to 71% with IDBI holding 57% and SIDBI 14% of the paid up capital of IDBI Bank.This is in line with the requirement of RBI which stipulates that eventually the promoters holding should be brought down to 40%. IDBI ATM’s IDBI bank, which in recent times has rapidly expanded its ATM network to 258 ATMs across 68 cities, has always been at the forefront of using the latest technology to introduce new services for its customers. IDBI bank was the first Bank to implement the latest and most flexible ATM switch technology in India called IST from Oasis Technologies. It is also the only Bank in India where its entire ATM network is on the latest NDC based operating system from NCR Corporation.IDBI bank launches Easy Fill, the First Online Instant Mobile Refill ATM Service in India, IDBI also bank opens its 97th Banking office in Dum Dum, Kolkata. IDBI bank launches Easy Fill, the First Online Instant Mobile Refill ATM Service in India, IDBI bank launches ATM Next, the next generation ATM service:- IDBI bank, one of the youngest and fastest growing private sector banks in the country, launched the futuristic next generation ATM service called ATM Next, at a well-attended press conference here in Mumbai today. The innovative new service allows the ATM to download any information from a central web server.With the help of this new technology, IDBI bank’s customers can now check the latest cricket scores live on the ATM, as well as read the latest news headlines. The ATMs also provide online information on the latest movies running with a complete list of theatre and show timings as well as daily horoscopes, a list of emergency services telephone numbers and on the lighter side, fortune cookies. The service, which was launched initially in Mumbai, also enables the ATMs to provide audio instructions to customers, as well as comprehensive information on its products and services.The Bank proposes to extend this facility to other cities shortly, as part of a phased roll out. Speaking at the press conference, Ajay Bimbhet, Country Head – Retail Banking, IDBI bank said â€Å"We have always believed in using technology to add value to the services we provide to our customers. We believe that technology must constantly redefine service and this exciting new service, will make the ATM experience far more exciting and enriching for our customers†. The Bank has tied up with Rediff. om as its exclusive content provider for this service, says Shameek Bhargava, Head ATMs, Cards and Merchant Acquiring â€Å"We have successfully exploited the technology at our disposal to create a truly superior customer experience. This is the first time that such a service has been launched in India. The application was show cased at a recent Banking conference at Singapore, where it was a huge success. Its informative, its different, its futuristic and its fun. † IDBI bank offers following services: 1. Fabulous Discounts at various Merchant Outlets . 2. Loyalty Points with Great Rewards . . Enhanced access to over 8. 5lakh ATMs and 10 million establishments worldwide. 4. Promotional programmes with exciting prizes. 5. Zero lost card liability insurance. Eligibility 1. Customer Over 18 years of age . 2. Savings Account holders . 3. Current Account holders . 4. Corporate Payroll Account holders . Security In a borderless world spinning on the axis of the Internet, Internet Banking assumes a special and sophisticated significance. Mindful that the ultimate access could be through the Internet, we set out to sew together a globally benchmarked Internet initiative.With Internet Banking, your bank travels with you around the world. You have on-line, real-time access, bank call it 24. 7. 365 (HH/WW/DD) banking. Admittedly, such a service requires security of the highest nature and complete privacy protection. To that end, bank provide a completely secure environment, using 128-bit encryption Secure Sockets Layer (SSL), digitally certified by Verisign. 128-bit SSL. This guarantees world-class security for Internet and e-commerce. Customize Features 1. Change of login and transaction passwords . 2. Creation of Nicknames for Accounts . 3. Date and Amount format choices . Online Payment ServicesThe Internet Banking facility of IDBI Bank, i-netbanking offers online payment facility linked with merchant websites/e-shops serving as a payment gateway. The bank offers this facility to any agency requiring online payment services such as Online Shopping Malls, On line Share Trading Agency, an AMC selling Online Mutual Funds or registering/subscribing for internet connection with ISP. This service is available to IDBI bank account holders (savings, current, fixed deposit accounts). It will soon be available to Demat account holders also. Currently, internet banking is available to all first account holders (except minors).It is also available to proprietors of firms in their Current Account for Proprietorship firms. In all cases applicant should have authority to operate account with full permission. All the joint account holders must sign application for all accounts wherever applicant is first account holder. Transfer funds to your near and dear ones at the click of a mouse. Eye – popping features: The Electronic fund transfers could take place to your own bank accounts of your choice instantly the bank account of any other person within any of the IDBI bank's branches instantly.The bank account of any other person in over 8000 branc hes of any bank within the 14 cities -Mumbai, Delhi, Calcutta, Chennai, Bangalore, Ahmedabad, Kanpur, Hyderabad, Jaipur, Nagpur, Chandigarh, Patna, Bhubaneswar, Thiruvananthapuram. The user shall not use or attempt to use i-net banking for funds transfer – as and when the facility is made available – without sufficient funds in the relative i-net banking -account or without a pre-existing arrangement with the bank for the grant of an overdraft. Internet Banking Services (i-net banking) Bank' refers to IDBI bank limited, a banking company incorporated in India under the companies act 1956 and having its registered office at chaturvedi mansion, 2nd floor, 26/4, old palasia, A. B. Road, indore 452 001. The term includes the successors and assigns of the IDBI bank limited. I-net banking is the trade name of the bank's internet banking service which provides access through the internet to account information, account transaction, other products and services as advised by th e bank from time to time to the bank's customers. I-net banking serviceThe bank shall endeavor to provide to the user through i-net banking, services such as enquiry about the balance in his i-net banking account(s), details about transactions, statement of account, request for issue of cheque-books, request for transfer of funds between accounts of the same user, from user's account to another person's account, bill payment and such other facilities as the bank may decide to provide from time to time. These facilities shall be offered in a phased manner at the discretion of the bank. The bank may also make additions/ deletions to the services offered through i-net banking at its sole discretion.The availability/ non-availability of a particular service shall be advised through email, web page of the bank or written communication. The bank shall take reasonable care to, ensure the security of and prevent unauthorized access to the i-net banking service using technology reasonably av ailable to the bank. The user shall not use or permit to use i-net banking or any related service for any illegal or improper purposes. Minimum balance and charges The user shall maintain, at all times, such minimum balance in i-net banking account(s), as the bank may stipulate from time to time.The bank may, at its discretion, levy penal charges and/or service charges for non-maintenance of the minimum balance. In addition to the minimum balance stipulation the bank may levy service charges for use of i-net banking at its discretion. The user authorizes the bank to recover all charges related to i-net banking as determined by the bank from time to time by debiting one of user's i-net banking accounts. Accuracy of information The user is responsible for the correctness of information supplied to the bank through the use of i-net banking or through any other means such as electronic mail or written communication.The bank accepts no liability for the consequences arising out of errone ous information supplied by the user. If the user suspects that there is an error in the information supplied to the bank by him, he shall advise the bank as soon as possible. The bank will endeavor to correct the error wherever possible. Termination of i-net banking service The user may request for termination of the i-net banking facility any time by giving a written notice of at least 15 days to the bank. The user will remain responsible for any transactions made on his i-net banking account(s) through i-net banking prior to the time.Technology and Tech Initiatives Keeping in line with its policy of leveraging technology to drive its business, IDBI bank deployed Finacle, the e-age banking solution from Infosys to consolidate its position, meet challenges and quickly seize new business opportunities. Entire Finacle rollout was remarkable considering the fact that it was implemented across all branches in a record time frame of 5 months. Finacle will provide the critical technology platform to propel the bank's new thrust and direction.Achievement of these significant milestones is consistent with IDBI bank's continued focus to create customer and shareholder value through deployment of superior technology. Investments in technology is part of the plan to put in place building blocks for creating the right organizational infrastructure which will help IDBI bank in consistently delivering superior products, convenient access channels and efficient service to our retail and corporate customers. Of the total investments of over Rs. 75 crs, large investment has been made in back-end technology to strengthen processes, systems and control.This, in the long run, propelled by a top quality management team will clearly set IDBI bank apart from its competitors. Stronger Capital Adequacy Capital Adequacy ratio of IDBI bank is well above the RBI norm of 9% and as on 30th June 2001 stood at 12. 01%. IDBI bank has adopted Governance standards based on best practices preva lent internationally. It has a structure of governance which meets with the requirements prescribed by the Kumarmangalam Birla panel and fully meets the recommendations by internationally acclaimed and recognized norms of governance addressed by the Cadbury, Greenbury and Meryn King committees.Employee Contribution IDBI bank has more than 1000 talented and highly motivated employees as on date. The average age of the employee at IDBI bank is 31 yrs. 85% of the employees are MBAs/CAs/ Professionally Qualified Bankers. The bank has rolled out broad based grant of stock options covering 75% of the employees to align their interests with those of its shareholders. Benefits of ATM cards 1. Transfer funds from any place to any place. 2. Same day clearance of cheques ; money deposited by you. 3. Also provide Cheque Books for transaction. 4. Provide Mini-Statement after every transaction. 5.Account Statement by E-Mail. 6. Free Demand-Drafts ; Pay-Orders. 7. Investment ; Tax advisory service s. Transaction at all ATM’s across the country:- 1. Withdrawal ; transfer of funds . 2. Request for a cheque book. 3. Deposit cash ; cheques. 4. Receive mini-statement. OBJECTIVES The main objective of this project is to show the need ; utility of ATM cards, different services provided by banks ; its impact on economy. Some of the others objectives are :- 1. Satisfaction of ATM user. 2. Utility of ATM cards. 3. Problem related to ATM cards. 4. Comparative study of banks ; services provided by them. 5.To collect different suggestion provided by people. SIGNIFICANCE OF THE RESEARCH We are performing every action for the welfare of mankind to make them more productive ; more innovative. Each ; every action in this world is performed for betterment. Significance of this research work is 1. It informs about the problem related to ATM user. 2. It provides many suggestions for the betterment of ATM services. 3. It informs about the satisfactory level of consumers. 4. This research a lso inform people about the services ; facilities provided by their ATM cards. 5. It shows the real purpose for using ATM.RESEARCH METHODOLOGY Research has adoptive research design to obtain accurate information of the situation, which existed . The research aim was to find out what are the problems by the ATM users, facility ; services. It is descriptive because it obtains the complete ; accurate description of a situation, which has the precision of a problem. It has the formal design of research ; it provides specific method for selection source of information ; also connection data from other sources. It has also a statistical study because it involves a few factors in many factors in many cases.The study basically emphasizes on the fact-finding that whether the ATM users are satisfied by the services ; facilities provided to them by banks or not. DATA COLLECTION METHOD The data collection is fully depends on Primary Data, Secondary Data ; Internet Information. 1. Primary Data:- It is conversion of original information for some specific purpose. 2. Secondary Data:- It contain all that information which is available by different sources ? Internal Data :- Data provided by banks. ? External Data :- Data collected from outside of banks. All other data is collected through Internet i. . by their Web-sites ; questionnaires. The purpose of questionnaires is to obtained qualitative information for accuracy of project. DATA ANALYSIS AND INTERPRETATION Q. 1: Are you using ATM? Q. 2 : Which bank’s ATM you are using? Q. 3 Are you aware about all facilities provided by your ATM? Q. 4 – Do you face any problem in using ATM? Q. 5 If yes, please tick:- CONCLUSION The main thing that is concluded that ATM (AUTOMATIC TELLER MACHINE) is the fastest, easiest ; safest way to access your account. ATM Cards gives us freedom to purchases without the hassles of payment.By ATM card we are free from carrying cash with us. 1. People are using ATM card for ANY TIME MONE Y. 2. Maximum people are satisfied by services ; facilities provided by their banks. 3. Many people are aware about ATM cards ; their utilities. 4. People are using ATM cards for different purposes. 5. Some people are having problems related to operational, networking, less safety, less number of outlets, etc. 6. People also want zero balance ; no transaction limit. 7. People want more facilities ; services. RECOMMENDATIONS 1. There should be no transaction limit. . Clearance of money/cheque transaction time should be minimized. 3. Banks should increase ATM outlets.4. Minimum average balance should be reduced. 5. No charges for transaction with other ATM machines. 6. Interest should be given on money deposited above average balance limits. 7. More facilities ; services should be provided for customers. LIMITATIONS 1. The main limitation related to this project is the limited area i. e. INDORE city because it is such a broad topic of research ; we are not able to represent exact data on the basis of a single city only. . Difficulty related to approach different types of people with different mentality, nature ; habit. 3. Limitation related to time ; resource available. 4. The entire study is based on the response provided by the sample population ; analyses on the basis of questionnaires. 5. Limitation related to biased response. 6. Limited information given by banks due to security reasons.

Gadgets For The Youth: Beneficial Or Not Essay

I. HISTORICAL BACKGROUND A gadget is a small tool such as a machine that has a particular function, but is often thought of as a novelty. Gadgets are sometimes referred to as gizmos. The origins of the word â€Å"gadget† trace back to the 19th century. According to the [Oxford English Dictionary], there is anecdotal (not necessarily true) evidence for the use of â€Å"gadget† as a placeholder name for a technical item whose precise name one can’t remember since the 1850s; with Robert Brown’s 1886 book Spunyarn and Spindrift, A sailor boy’s log of a voyage out and home in a China tea-clipper containing the earliest known usage in print. The etymology of the word is disputed. A widely circulated story holds that the word gadget was â€Å"invented† when Gaget, Gauthier & Cie, the company behind the repoussà © construction of the Statue of Liberty (1886), made a small-scale version of the monument and named it after their firm; however this contradicts the evidence that the word was already used before in nautical circles, and the fact that it did not become popular, at least in the USA, until after World War I. Other sources cite a derivation from the French gà ¢chette which has been applied to various pieces of a firing mechanism, or the French gagà ©e, a small tool or accessory. The October 1918 issue of Notes and Queries contains a multi-article entry on the word â€Å"gadget† (12 S. iv. 187). H. Tapley-Soper of The City Library, Exeter, writes: A discussion arose at the Plymouth meeting of the Devonshire Association in 1916 when it was suggested that this word should be recorded in the list of local verbal provincialisms. Several members dissented from its inclusion on the ground that it is in common use throughout the country; and a naval officer who was present said that it has for years been a popular expression in the service for a tool or implement, the exact name of which is unknown or has for the moment been forgotten. I have also frequently heard it applied by motor-cycle friends to the collection of fitments to be seen on motor cycles. ‘His handle-bars are smothe red in gadgets’ refers to such things as speedometers, mirrors, levers, badges, mascots, &c., attached to the steering handles. The ‘jigger’ or short-rest used in billiards is also often called a ‘gadget’; and the name has been applied by local platelayers to the ‘gauge’ used to test the accuracy of their work. In fact, to borrow from present-day Army slang, ‘gadget’ is  applied to ‘any old thing.’ The usage of the term in military parlance extended beyond the navy. In the book â€Å"Above the Battle† by Vivian Drake, published in 1918 by D. Appleton & Co., of New York and London, being the memoirs of a pilot in the British Royal Flying Corps, there is the following passage: â€Å"Our ennui was occasionally relieved by new gadgets — â€Å"gadget† is the Flying Corps slang for invention! Some gadgets were good, some comic and some extraordinary.† By the second half of the twentieth century, the term â€Å"gadget† had taken on the connotations of compactness and mobility. In the 1965 essay â€Å"The Great Gizm o† (a term used interchangeably with â€Å"gadget† throughout the essay), the architectural and design critic Reyner Banham defines the item as: A characteristic class of US products––perhaps the most characteristic––is a small self-contained unit of high performance in relation to its size and cost, whose function is to transform some undifferentiated set of circumstances to a condition nearer human desires. The minimum of skills is required in its installation and use, and it is independent of any physical or social infrastructure beyond that by which it may be ordered from catalogue and delivered to its prospective user. A class of servants to human needs, these clip-on devices, these portable gadgets, have colored American thought and action far more deeply––I suspect––than is commonly understood. People were using gadgets since the beginning of history. These devices that are created by people make their life better and full up their bellies. They have let humanity learn the basics of sciences and technology and lead us to this level of development. At the very beginning people where gathering berries, plants roots, fruits and vegetables they were finding to feed themselves. Then they started hunting using sticks and rocks to kill animals. So the best gadget created at that time was a simple bow. Bow hunters were the most successful and they also used bows to protect themselves from other people. This would be the most popular gadget on dig if only they had dig back then. Well, the problem is that they did not have any social networks because they did not have Internet they where only planning on creating something like that, but I am sure they were discussing this news very much. Later on, ages later, when humans needed to carry heavy stuff they have just  designed wheel. Why so late? They just did not need it earlier. However, the result of their wheel creation we have cars and all the things that use round things. For example watches have gear wheels, our cars have wheels, most of mechanical devices have something that looks and functions like wheels. This all is great but what do you do when you need to till your fields and plant some crops on it? You buy some John Deer tractors and do that, or even hire other people to do that. However, farming began with working on your own land with your own hands and no John Deer. They were also pulled by bulls and not internal combustion engines like we use now. When they created the plow gadget it was revolution in farming. Imagine if they had created a gadget that would multiply your harvest today. That would be a great solution to those starving people in third world countries. The plows cost a fortune back then but every farmer dreamed of having one of those. One more revolution gadget that had changed the world back then is their Laptop. It has nothing to do with Mac, Sony Via, HP; those brands did not even exist back then. I know these Laptops make millions calculations per second, however the first one was capable of making about 1 to 10 calculations per minute. Its name is Abacus the first non electronic counting frame; this is what humans used to convert how much of their money it will cost them to buy an iphone and how many ears they had to earn money for that. II. CAUSE AND EFFECT A. CAUSES Need to use It may be a need due to homework and to socialize or communicate with relatives. To entertain oneself Because of the different gadgets applications that are occurring nowadays, teenagers prefer to use their leisure time to play games, read e-books, take pictures, listen to the music, and browse social networking sites that are installed in a specific gadget. B. EFFECTS Increase in Stress Work in office is getting stressful now-a-days. This is not just because of the work pressure, but it is also because of continuous exposure of your eyes to gadgets. It is not good for the eyes. You will be able to see the gadgets for long, but without your consciousness, the eyes are strained which makes a silent increase in stress in your brain and body. Physical and Internal Organ Disorders Gadgets locked us before it. We have reached a stage that nothing can be done without gadgets. Yes of course, it is becoming true or it has been made to become true. We humans are responsible for it because we create it, we use it. Most of the diseases are because of less physical activity. Diabetes is becoming common even at early age. Less physical activity plays a vital role in getting diabetes. Do not think diabetes is just a single disease. It’s the gateway for all other internal organ malfunction and fatal disorders. Once we are locked before gadgets, we do not (or cannot) do any physical activity which makes your physical fitness to get worse. Obesity is becoming an alarming issue. It may be because of bad habits of food culture, but less physical activity makes it worse. Gadget-users are addicted to junk foods because it can be edible at their work table itself. Since they are addicted to gadgets, they just take those junk foods, sit in without burning the calories and obviously adding up of fat resulting to obesity, indigestion, gas trouble, diabetes and even heart attack. Hearing disability MP3 players, iPods and mobile phones are used to hear music. But using these gadgets continuously has become a trend in youth. Hearing disabilities are increasing in youngsters. We can see most of the youngsters are roaming with their headphones plugged in ear. Continuous usage of headphones will make their ear drum become less sensitive to sound and at a point of time we may completely loss our hearing. Nervousness Music can be used as a method to get relaxed. But not all kinds of music will  reduce stress. Only few types of music will reduce stress. Hearing rock and pop music will not reduce stress. After long hours of work while returning home most of them are used to plug in their headphones and listen to music to get relaxed. But it really irritates your brain. Hearing is not related only with ears. It is related with brain too. Brain processes the sound waves and makes it hear. So listening to music needs your brain to process the sound to make you hear which makes your brain to keep on processing without rest which in turn can create nervousness. If this kind of habit continues it may be fatigue. Damage of Brain cells due to Mobile Phone Radiation As we all know mobile phone radiation are harmful to health, but still we use it, because it has become like a second heart in our day to day life. When used for long hours, it creates pain in our ears and when this condition happens daily then we may suffer from hearing disability and damage of brain cells. Text Messaging Syndrome Texting is a new word used for Text Messaging. Repetitive or continuous use of mobile phones for text messaging or playing games will lead to pain in fingers. And this may be called as Text Messaging Syndrome. This will weaken the nerves of all your fingers and make them stiff not allowing your fingers to move easily. III. VERSIONS AND MODELS A. LOW UNITS 1994: The original PlayStation The PlayStation was Sony’s first big video game success. PlayStation was the first video game console to ship 100 million units after 9 years and 6 months of its initial launch. 1996: Nintendo 64 Nintendo 64 was the successor to the extremely popular Super Nintendo. The game system featured a unique controller and was released with two launch games, Super Mario 64 and Pilotwings 64. N64 retailed for $199. What was happening in 1996: Tupac Shakur was killed in a drive-by shooting in Las Vegas and child beauty queen JonBenet Ramsey was found dead in her basement. 1996: Motorola StarTAC The StarTAC was the first clamshell phone released. The StarTAC was among the first mobile phones to gain widespread consumer adoption; 60 million StarTACs were sold. Some key features of the Motorola StarTAC were: SMS text messages, although only the later digital models had the capability to send messages. It could use an optional lithium-ion battery, at a time when most phones were restricted to lower capacity NiMH batteries. Was one of the first cellular phones to introduce vibrate alert as an alternative to a ringtone. 1996: The first DVD The first DVD players and discs were available in November 1996 in Japan and March 1997 in the United States. DVDs revolutionized the way we viewed movies and interacted with personal media. By 2003 DVD sales and rentals topped those of VHS; during the week of June 15, 2003 (27.7M rentals DVD vs. 27.3M rentals VHS in the U.S.). 1996: The original Tamagotchi Tamagotchi is a keychain-sized virtual pet simulation game. Users took care of a pet by virtually feeding it and walking it, just like a real animal. The game was extremely popular. As of 2010, more 76 million Tamagotchis have been sold worldwide. 1997: Nokia 6110 It seems like everyone had this classic phone from Nokia. The Nokia 6110 had three games including memory, logic, and the iconic Snake. It also had several other apps that seemed revolutionary at the time, such as a calendar and a currency converter. The removable front cover meant you could customize your phone with a variety of color options. 1997: AIM While AIM is not a gadget, it was an amazing piece of software that’s still widely used today. The software, maintained by AOL, Inc., at one time had the largest share of the instant messaging market in North America, especially in the United States (with 52% of the total reported as of 2006).  In March 1996, the Buddy List was opened up to AOL subscribers running Windows 95. The buddy List feature became available to Mac users sometime in late 1996 to mid 1997. The standalone AIM became available to non-subscribers in 1998. 1999: Napster Napster is not a gadget either, but this platform changed the way the public viewed music and file-sharing. Napster was originally founded as a pioneering peer-to-peer file sharing Internet service that emphasized sharing audio files – typically music – encoded in MP3 format. Although the original service was shut down by court order, the Napster brand survived after the company’s assets were liquidated and purchased by other companies through bankruptcy proceedings. Rhapsody now owns Napster. 2000: The Nokia 3310 The 3310 is known for having many features that were rare for the time. These included many utilities, such as a calculator, Nokia network monitor, stopwatch and a reminder function. It had four games: â€Å"Snake II,† â€Å"Pairs II,† â€Å"Space Impact,† and â€Å"Bantumi† The phone was popular for text messaging because it allowed long messages three times the size of a standard text message (459 characters). It also featured threaded SMS writing called SMS Chat. The phone also had voice dialing for the quick dialing of selected numbers. 2001: Original Xbox The Xbox was Microsoft’s first video game console after collaborating with Sega to port Windows CE to the Dreamcast console. Microsoft repeatedly delayed the console, which was first mentioned publicly in late 1999 during interviews with Microsoft’s then-CEO Bill Gates. Gates stated that a gaming/multimedia device was essential for multimedia convergence in the new times. 2001: the first iPod The first iPod sported at 5 GB hard drive, long battery, and could hold 1,000 songs in your pocket. It only worked on Macs. The original iPod retailed for $399. It was received with much skepticism, but eventually changed the way everyone listened to their music. 2004: The Motorola RAZR The Motorola RAZR’s futuristic appearance was one of its most impressive features. The flip phone, just half an inch wide, was thin enough to fit in a back pocket. It was also very light at just 3.4 oz. The original RAZR was only available with an aluminum alloy, though later models offered metallic colors like red and blue. B. HIGH MODELS Google Glass Anyway, these futuristic specs are currently in Beta with some high profile geeks posting pictures of them wearing a pair on their Twitter accounts. Enabling you to interact with the world around you in a totally different way, Google Glass lets you get info from the web and take pictures using voice commands. You just might look an idiot wearing a pair in the next 12 months, before it takes off and everyone has them. Smart watches Hot on the heels of the Pebble and Samsung Galaxy Gear smart watches, will surely come newer and more innovative mobile-linked wrist pieces. In fact, at the 2014 Mobile World Congress expo, we’re bound to see loads of the things in a concept stage. But 2014 will be the year Apple launches one. Or maybe it won’t. Both of which would be a big story. The first would show the potential power of these products and the second would dismiss the idea as a fad if a company like Apple fails to take up the gauntlet. No doubt, in time, we’ll discover which one. Wearable tech Similarly, 2014 will be the year of technology that you wear – and not just on your wrist or nose. The whole sector looks set to increase throughout our lives on the back of the growing trend for wearable fitness devices that track exercise progress and healthy living. Expect to see products built into clothing as well as stuff you can physically wear yourself. Big screen Apple TV Well, it’s been talked about since 2012 and we are still none the wiser. But  it would make sense to enter that market and take on rivals Samsung and Sony. A touch screen telly backed by iOS and all of Apple’s apps and games would be a massive disrupter in the TV space. However, it would surely cost a premium price and that marks out one major issue for the US giant as it battles to extend mainstream reach of the iPhone and iPad. Internet of things This catch-all term for appliances in our home talking to each other is yet another buzzword but it will come further to fruition in 2014. It speaks of a world where washing machines, fridges, kettles and ovens connect to the internet and can be controlled via mobile phones or tablet computers. iPhone 6 The next yearly update for Apple’s flagship product will be crucial. With the 5S bridging the gap with its fingerprint reader, it will take a huge jump in technology and design for the iPhone 6 to really garner positive headlines and satisfy investors. Apple usually has a trick or two up its sleeve but facing stiff competition now in the Smartphone space, it will have to conjure up the sort of magic that set the original iPhone apart from the rest. Electric cars From the Nissan LEAF to the BMW i3, 2013 started to bring electric cars more to the middle of the road. As more charging points are rolled out across the country in 2014, expect the interest in these motors to increase. As well as helping the environment, they keep the cost of driving low with no need for petrol or diesel. All you do is plug them in overnight and off you go in the morning. Of course, you have a limited range but they’re great for local and short hopper journeys. Gaming takes centre stage As the Xbox One and PlayStation 4 begin to take hold in our living rooms, all eyes will be on new gaming experiences being created for them. With more power and better graphics, we’re expecting some developments that really push the boundaries of immersive entertainment crossed with gaming experiences. If we don’t get them though in the next 12 months, that’ll be  the final nail in the coffin for the traditional-style home console we used to know and love. 4K TVs When we switched from normal telly to high-definition, the change in picture quality was massive. Now imagine taking that up a few notches further and moving from HD to Ultra HD or 4K. 2014 should be the year these screens start their extension into the mainstream with prices lowering enough to make them affordable for early adopters. It won’t be until late 2015 that these will be within reach of us all but in the meantime, along with thinner and even curved TV screens, this is a trend to watch. B. ADVANTAGES AND DISADVANTAGES ADVANTAGES A. Youth’s Lifestyle Health – Persistent use of high-tech gadgetry can lead to a slew of health problems for young and old alike. A sedentary lifestyle discourages exercise and encourages obesity. The back-lit screens used for computers, iPhones and video games can cause eye problems. Walking around everywhere with music blaring directly into your ears brings on headaches and hearing difficulties. The net effect of all these things, plus the pressure of immediate responses to everything, can become stressful. Your Brain – In The Mail Online, neurologist Susan Greenfield says that gadgets use changes our brains and not always for the better. Just thinking about doing something — such as performing an action in a video game — affects your brain nearly as strongly as actually doing it. There is circumstantial evidence linking a rise in Attention Deficit Disorder with increased use of video games, causing many scientists to worry that children may do permanent harm to their brains by spending too much time interacting with such gadgets. B. Youths’ Academic Performance Easy Access to information: It has become very easy to get access to relevant information at any time anywhere. Lots of data is being published and indexed online, sites like Wikipedia and YouTube have great original content which can be used in research or entertainment. Information is power, and  those who find information and use it well always succeed. With smart gadgets like the ipad , iphone , galaxy tablet , users can easily have access to information through these smart gadgets because they use internet. So a user on a train can easily read breaking news while traveling, they can also buy and sell stocks while in the bedroom using the internet. These smart gadgets make it easy to access internet and this simplifies the way we get information. Convenience in Education: Learning is a process and it is part of our daily lives. Gadgets have made it simple for students to learn from anywhere through online education and mobile education. Also students now use gadgets in classrooms to learn better. For example, students use ipads to share visual lessons and examples with peers in the classroom. This has made learning more convenient and fan. Also new modern educational gadgets support individual learning which gives a chance to students to learn on their own with no need of tutors. C. Youths’ Social Life Improved communication: Communication is like water to life. We cannot develop without communication. Gadgets have blessed us with advanced communication technology tools. These can include electronic mail, mobile phones, videoconferencing, instant text messaging applications, social networking applications. All these modern communication technology tools have simplified the way humans and businesses communicate. I can easily talk to my relative oversees using a mobile phone or video chatting services like Skype. Improved Entertainment: Gadgets have played a big role in changing the entertainment industry. Home entertainment has improved with the invention of video games and advance music and visual systems like smart televisions which can connect live to internet so that a user can share what they’re watching with friends. Easy access and storage of music, services like iTunes allow users to purchase and download music on their ipods at a small cost, this is a win – win situation for both musicians and the users. Because musicians can easily sell their music via iTunes and the user can also have a wide selection of which music to buy without having troubles of going to a physical music store. Social Networking: Gadgets with the use of internet have made it simple to discover our old friends and also discover new people to network with. This is a benefit to both individuals  and businesses. Many businesses have embraced the social networking technology to interact with their customers. Users of social networks can share information with friends, live chat with them and interact in all sorts of ways. DISADVANTAGES OF MODERN TECHNOLOGY: A. Youths’ Lifestyle Students tend to be lazy, because they are too busy exploring and playing the games on their gadgets, and because of that, they have no more time doing for household chores, doing their homework and going to church. B. Youths’ Academic Performance Competency – Increased dependency on modern tools like calculators has reduced on our creativity. You can find a student when they can solve a very simple mathematical equation without using a calculator. This affects the way this student uses their brains and reduces on the level of creativity. Social Networking – Students who use their computers or cell phones to participate in social networking sites may post material considered inappropriate by school authorities. They may also develop an unfavorable reputation based on those pictures or comments. Pictures of misbehavior can adversely affect their chances of getting into the university of their choice or of getting a job. Addictions – It is easy to become addicted to gaming, texting, talking on the phone or socializing online. Some students may attempt to do this in class, which disrupts their learning, and at home it detracts from study time. Kids putting in long hours on their gadgets will give less attenti on to assignments and may be irritable when they are away from their gadgets. They might also sleep less, which can slow down their thinking the next day. C. Youth’s Social Life Increased loneliness – Social isolation is on the increase, people are spending more time playing video games, learning how to use new modern technologies, using social networks and they neglect their real life. Technology has replaced our old way of interacting. If a user can easily interact with 100 friends online, they will feel no need to going out to make real friends which at a later stage leads to loneliness.