Cement Industry

UAE is one of the prospering economies of the world whose per capital income is in par with some of the most developed nations of Europe. This is attributable to the oil revenues and the booming real estate market. This boom created a base for competition in the country market from different sectors like industrial sector especially mentioned the â€Å"Cement Industry†. Cement industry is fast growing due to the growing real estate market in the country and especially in Dubai and Abu Dhabi. At present, there are nine cement factories in United Arab Emirates and they produce 8. 5 million tons of cement every year. The emirate of Ras Al Khamah is the largest cement producer in United Arab Emirates. In our report, we studied the cement industry in UAE and analyzed them financially for the years from 2008 to 2010. Assuming that three main cement producers in the Emirate of Ras Al Khaimah will represent the whole cement market as they are the biggest cement producers according to the economic publications and their level of productions. The analysis included Union Cement Company (UCC), Gulf Cement Company (GCC) and Ras Al Khaima Cement Company (RAKCC). The choice of the companies based on the similarity of their core business and productions activities beside the fact that they all listed in Abu Dhabi Securities Exchange market (ADX) giving us the opportunity for fair comparison. Financial analysis for the companies based on their published annual financial reports in ADX has been conducted to check their financial performance for the years from 2008 to 2010. The analysis take in consideration the corporate governance mechanism conducted in each company to check the effectiveness of the corporate governance on their financial performance in the market. Assuming the average of the three companies will represent the market, an overall ranking of the best company in the market is conducted based on financial analysis ratios and their corporate governance mechanism implemnted.

Reflection of the module assignment Essay Example | Topics and Well Written Essays - 1000 words

Reflection of the module assignment - Essay Example I joined the university to gain this skills and practices so that I can advance my career positively. E-commerce module has been and is of great contribution to my career given the technological evolution and digitalization of many services into internet based services. Individually I observe e-commerce as the technological tool or platform that the world is certainly migrating into in its operation. It is then no doubt that learning such a module was being placed strategically and being equipped with the tool that can tap the available rich opportunities in e-commerce. E-commerce module uniquely presented its course content in an easy to understand manner that enabled me to remain motivated to research and learn more. In the first semester I was able to learn and understand many concepts that are important to my career. The module research material was readily available and accessible. One of the most beneficial gains I got from the module is bringing too practice the theories learn t in the lecture. Coupling the theory with practical lecture enabled me understand n how one can start an online business. The online business practice gave a perspective of the cost required to start an online business, how long it takes and how one can optimise the business for better gains (Sterne, 2001). The creating of a digital profile made me understand how various components of an e-commerce website are structures to create the whole e-commerce website. For example I learnt the importance of planning an e-commerce project and distributing activities in a given order that will realize the value of the project. I noted the connection of workflow, time and the anticipated result in practice. The planning is the very critical thing in an e-commerce project and failing to plan or planning wrongly can result into chaos in the futures. It also came to my attention that content is the stake of the website and the main thing that most user are interested in any website, but how it is presented and rendered will also determine whether the user will appreciate it or not. The digital profile also made me fully understand the role of search engine optimisation or keyword optimisation. The role and how search engines will search the website is search a critical thing in this career that I highly appreciate to have gained. The use of social media to market an online business became clear through the semester one practical as well. It is at this juncture that I learnt how important social sites are in e-commerce and how to use them to market an online business and gain successful leverage in one’s career. The most important part is that I did this work practically and gained the technical skills required to advance my career. During the digital profile project design I noticed that the rapid technological changes have less to do with one’s project as most of the systems are abstracted and changes can be easily accommodated. I learnt that

History - King Ashoka Research Paper Example | Topics and Well Written Essays - 1000 words

History - King Ashoka - Research Paper Example King Ashoka ruled Indian subcontinent from 269 BC to 232 BC, until his death. In his early life, the king was known for his cruelty, but in the later period of his life, he became famous for his great edicts and acts. It was King Ashoka who played a major role in swelling Buddhism into the whole of Asia.1 Background of King Ashoka In 324 BC, the ruler of the Mauryan Empire, Chandragupta started out to surmount the weaker in the adjoining kingdoms. The motto was to enlarge his people’s territory. Chandragupta was an explorer by nature and used to travel in the surrounding lands to evaluate whether the probable defences can raise much struggle. Then on the basis of the evaluation, he would decide about the taking up of the war. He principally avoided those lands where the defence is strong. This way Chandragupta became the first king to rule over a united India. During the end of the century, Chandragupta handed over his reign to his son Bindusara. With the passage of time, the Bindusara became ill and decided to entrust the territory to one of his sons. As soon as the king announced his intention, a â€Å"silent sibling rivalry† started. The sons of Bindusara became the victims of an assassin and this way all the men fell until solely Ashoka stood tall. He was the only one to become successful in evading a murderer. In this way, Ashoka was crowned the new king in 274 BC. King Ashoka soon came to be known as a cruel king as he would administer capital punishment for even a minimum violation.2 On the desire to win rather than to acclaim demand, the king decided to continue with the efforts of his previous dwellers through demolishing the lands and kingdoms which previously remained unconquered. In this process of invasion and conquering, he was well aware of the fact that many innocent people have even lost their lives because of the king’s order. Following all these disasters, Ashoka asked himself about the treasures that his people have won in the war that converted women and children to widows and orphans respectively. Soon after the realisation, the king became attentive towards his subjects’ welfare. In this way, an era of internal progression and peace came to being. It was King Ashoka who persuaded and taught his people to respect and love all living creatures. Gradually, Ashoka became a Buddhist practitioner and built 84,000 stupas in his emperor for housing the Gautama’s sacred relics.3 Rise of Power of King Ashoka Ashoka grew to be a sharp and perfect warrior general and went on to command various brigades of the Mauryan army. Pertaining to his growing popularity, the elder brothers of Ashoka became impatient that their father Bindusara might prefer Ashoka to be the next emperor. His eldest brother Susima insisted Bindusara to send Ashoka to Taxilla, a city of unrest and trouble, governed by Susima himself. Ashoka successfully handled those situations and all the unrest ended without any fight. Th is popularity of Ashoka made Susima even more curious and he again persuaded their father to send Ashoka into exile. Ashoka was thus sent to Kalinga. After returning from Kalinga, he was again sent to Ujjain, another venue of violence. There he was injured and eventually treated by Buddhist nuns and monks. During this period, he first learnt Buddhist teachings. There he met Devi, a Buddhist nurse who took care of him, and later on Ashoka married her.