Rural tourism in Malta and Cyprus

Executive summary Rural tourism concentrates on taking part in rural surroundings and entails both eco-tourism and agro-tourism. Rural tourism is mostly fitting in developing countries where land for farming activities now lies in fragments because of escalations in population. For instance, Malta comprises of an archipelago established at the middle of the Mediterranean.Advertising We will write a custom report sample on Rural tourism in Malta and Cyprus specifically for you for only $16.05 $11/page Learn More With respect to land area, Malta sits on just more than 316 square kilometres making it rank amid the smallest countries in the world. Globally, both Cyprus and Malta stand out as tourist attraction centres with numerous tourist attraction sites with both boasting of more than a million tourists every year. Cyprus is an island nation at the East of Mediterranean Sea. Cyprus takes the position of the third biggest island as well as third most inhab ited country in the Mediterranean Sea. In this regard, Cyprus has a bigger land area than Malta. Considering local economic status, Cyprus seems to bear a wider collection of sectors than Malta where tourism sector captures a leading position after crowding out other sectors. Thus, Cyprus has a higher potential for success as most of its rural tourism endowments remain underutilized as compared to the case in Malta. Introduction Rural tourism centres on taking part in a rural setting. Rural tourism could be an alternative of ecotourism. Additionally, rural tourism could entail both agro-tourism as well as eco-tourism. Every village could be a tourist appeal for many villagers are extremely hospitable. Since agriculture is exceedingly becoming mechanised, it entails less manual work, which generates economic pressure on a number of villages, and thus causes migration of young individuals to urban regions. Nevertheless, a section of urban residents is concerned with visiting the rural regions and comprehending their viewpoint. This section has been swiftly rising in the last decade and has brought about an excellent business prospect for rural tourism (Markwick 2000). Rural tourism permits the formation of an optional supply of revenue in the non-agricultural industry for rural inhabitants. The affixed revenue from rural tourism could add to the resurgence of gone handiworks and folk art, which is a perfect and natural means of urban and rural economic trade (King Thomson 2008). Rural tourism is mainly appropriate in developing countries where farmland has been fragmented due to population escalation. The increased revenues that rural tourism presents to the underprivileged households embrace huge prospects for growth. This paper compares the development of rural tourism in Malta and Cyprus.Advertising Looking for report on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Comparative evaluation The technique employed for the purposes of comparative evaluation in this paper includes both the SWOT investigation, as well as lesson drawing. SWOT is majorly employed for evaluating the internal and external environments in particular destinations in a bid to acquire a systematic support as well as move towards a judgement circumstance (Theobold 2005). In addition, SWOT analysis centres on the weaknesses and strengths internal to a particular destination when considering external opportunities and threats. SWOT analysis can benefit policy formulation and establish future trends of progress in a destination. Nevertheless, SWOT analysis is restricted from the view of not being able to offer an extensive appraisal and thorough analysis of every specific aspect recognised coupled with evaluating judgement options in accordance with the given factors. Lesson drawing is on its part a process that aims at assisting the interchange of experiences and practices from given destinations. Lesson drawing aims at identifying the situations and the degree to which successful practices in a given destination could be employed in another destination (Telfer Sharpley 2007). A specific setback to lesson drawing is the reality that some practices and experiences could be culture-specific to a given destination in a manner that they could be very appropriate in a particular destination, but be inappropriate in a different destination. Regardless of this setback, when the â€Å"imitation† advance is applied in lesson drawing in a manner that experiences are obtained from a certain destination in a bid to adapt them to fit local circumstances in a different destination, lesson-drawing could be more valuable as compared to a blind use via the â€Å"duplicating† approach. A blend of lesson drawing and SWOT analysis allows a detailed comparison of rural tourism in both Malta and Cyprus, which emphasises not just the common aspects, but also aspects distinctive to everyone of the destinations. Additionally, a detailed comparison also offers perceptiveness into the lessons, which a given destination would discover as useful from another destination from the view of policy for improvement (Smith Hall 2006). Nevertheless, making use of the lessons comes with several hurdles mainly due to differences in the environments in question with respect to ecological aspects, size, and constitution of the local economy. These difficulties could be tackled with the use emulation instead of the duplication approach.Advertising We will write a custom report sample on Rural tourism in Malta and Cyprus specifically for you for only $16.05 $11/page Learn More Background of the countries Malta Malta, which is legitimately the Republic of Malta, â€Å"is a Southern European nation comprising of an archipelago located in the middle of the Mediterranean† (Bramwell 2003, p. 581). With respect to land area, Malta occupies just more than 316 square kilometres, which makes it rank among the smallest countries in the world. Malta is as well among the most heavily populated nations internationally. Malta stands out conspicuously as a global tourist attraction centre with several recreational regions and chronological monuments, which comprise World Heritage Sites like the outstanding Megalithic Temples that are a number of the most ancient self-supporting structures worldwide. With respect to Malta as a renowned tourist region, it boasts of more than a million tourists each year. The number of tourists that visit Malta is thrice that of its inhabitants (Coles Hall 2005). Rural tourism in Malta has risen considerably in the last years and several first-rate hotels exist on this island even though overgrowth and the demolition of traditional shelters are pertinent areas of conflict. In Malta, rural tourism is a significant sector and a vital support for the economic status of Malta for more than 40 years (Sharpley 2009) . Rural tourism in Malta is accountable for 23 per cent (Bramwell 2003) of Gross Domestic Product (GDP) as well as creating employment for 30 per cent of the entire population. The constant attempt of Malta to battle on price has turned out to be a key propelling aspect behind the witnessed upsurge in the number of tourists. Nevertheless, the rural tourism sector in Malta cannot continue to anchor on price as tourists are getting more concerned with higher excellence experiences on tourism, especially cultural as well as natural sites. In this regard, Malta ought to embark on value and excellence-based competition since many other nations are presenting cheaper and similar attractions.  Being highly reliant on tourism and offering rural tourism, which is very responsive to climate, Malta cannot remain a target for mass tourism, as climate alterations are probable of robbing the predictable sun, sea, and sand holiday sites in the Mediterranean area. With regard to robbed holiday si tes, which are the key attractive factors, by 2030 Malta will be subject to increasing temperatures (Mowforth Munt 2009). The Malta Tourism Authority (MTA) suggests a more holistic policy, which concentrates more on core components like client contentment, exceptional excellence scheme, and a step up in standards of excellence.Advertising Looking for report on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, Malta ought to take up to the varying client feelings, demographics, and standards of living. Trends are demonstrating that people are touring mostly individually or in small groupings while at the same time getting more exploratory, more interested with ecological and safety matters coupled with progressively searching for new products and destinations devoid of negatively influencing the socio-cultural and ecological factors. Cyprus Cyprus, which is on record as the Republic of Cyprus, is an island nation at the East of Mediterranean Sea and south of Turkey. Cyprus is ranked as the third biggest island, as well as the third most inhabited in the Mediterranean Sea. Additionally, Cyprus is among the most renowned tourist destinations (Picard Robinson 2006). Cyprus measures about 240 kilometres in length from end to end. In Cyprus, rural tourism has been a manner of attaining social and economic growth and revival for a long time now. More distinctively, rural tourism in Cyprus has been broadly encouraged as a successful source of revenue and employment. Nevertheless, in the recent past, several set up tourism destinations have resolved to rural tourism in a bid to expand their tourism markets as well as products to extend the advantages of tourism far from the resorts at the coast into the neighbourhoods. By 1999, â€Å"the recorded number of tourists in Cyprus had hit a figure 2.4 million with an income of approximately CYd1, 022 million† (King Thomson 2008, p.270). Currently, rural tourism plays a major function in the economic status of Cyprus with its contribution of roughly 20% of GDP, a quarter of entire employments, and 40% of exports (Katircioglu 2009). Additionally, mainly due to rural tourism, Cypriots now take pleasure in the third highest lifestyle after France and Italy as compared to all Mediterranean nations (Shaw Williams 2004). In Cyprus, rural tourism remains obstinately seasonal. More than 25% of all tourists turn up in the peak season of July and August whereas the summer season of between July and September accounts for about 40 per cent of the entire annual arrivals (Katircioglu 2009). A preponderance of rural tourists that take a trip to Cyprus does this on comprehensive-tour (package) plans. Particularly, 80 per cent of the United Kingdom market and 100 per cent of the Scandinavian market are normally on package vacations to Cyprus (Weaver 2006). This scenario has not just restricted the possibility to extend the more rewarding independent market, but as well allowing the Cyprus Island to become progressively reliant on a minute number of the main tour operators abroad. Successive plans and strategies seek to realise a more balanced advance to rural tourism with the aim of slowing the development in tourism, better and expand the tourism brand, draw higher-expending tourists, decrease the influences of season changes, and extend the advantages of tourism across the island. Agro-tourism holds t he characteristic socio-economic objectives of rural tourism improvement (Yasarata, Altinay, Burns Okumus 2010). Instead of being determined as an option to customary rural professions or standards of living, it is seen as supplementary revenue enabling daily practices although it includes the broader aim of relocating rural tourism in the island. Comparison of rural tourism development in Malta and Cyprus Main demand trends and characteristics of supply Earlier suggestions indicate that rural tourists do not exist as a homogenous mass, but as a heterogeneous sector having diverse requirements and features. In this regard, both Malta and Cyprus are endowed with a diverse supply to take into account the requirements of the different segments (Fleischer Tchetchik 2005). Both Cyprus and Malta have an exceptional Built Heritage in terms of historic construction, as well as distinctive networks of supporting canals. Moreover, both Cyprus and Malta are preferred destinations for the Uni ted Nations Educational, Scientific, and Cultural Organisation Heritage. In terms of scenery, Malta consists of a funny impression of towns since it is fundamentally an enormous city constituted of numerous small municipalities. For instance, difficulty exists in realising where Bugibba ends and Qawra town begins. In Malta, streets are meandering and slender with houses being even narrower, thus presenting a strong sensation of dependability. Additionally, houses bear painted walls and balconies with statues of Jesus and his mother Mary painted on streets. On the other hand, towns in Cyprus appear attractive also, but when compared to those in Malta, they seem more up to date with steel as well as glass buildings adorning the streets (Hall, Smith Marcisewska 2006). Potential for market success Even though both Malta and Cyprus are within the Mediterranean region, the 2011 Human development Index by the United Nations Development Programme places Malta on a higher rank at 0.83, than Cyprus, which is at 0.84. The GDP per capita revenue is as well higher in Malta than in Cyprus (Agarwal Shaw 2007). Moreover, Cyprus is significantly bigger in land area than Malta; nevertheless, Malta’s rural tourism with the concentration of major cultural tourist attractions is higher as compared to that of Cyprus. With regard to the organisation of local economic status in both Cyprus and Malta, Cyprus seems to bear a wider selection of sectors than Malta where tourism sector captures a leading position after having successfully crowded out other sectors. Cyprus has therefore a greater potential for success as most of its rural tourism endowments remains unexploited as compared to the case in Malta.  It is worth to note that the total number and percentage of visiting tourists to the indigenous population of Cyprus is much higher as compared to that of Malta with respect to the smaller land area of Malta (Fleischer Tchetchik 2005). Malta as well encounters exceptiona l hardships by the manner of its demographic constitution, which is measured in support of older people and a fast decrease of its local population that is directly associated with the trouble of rural tourism improvement, which differs from the case of Cyprus. The Likely social and rural impacts With respect to the rural landscape, Malta does not actually have villages because it looks like a collection of small towns while Cyprus takes pride in charming villages; for instance, the villages of Akamas peninsula and those in Troodos Mountains. The villages in Cyprus make the most attractive scenery of the entire island. Increased development of villages in Cyprus could negatively affect the local population in urban centres due to a shift in command of the rural areas. Moreover, increased development of these villages could affect economic activities in the urban places, as the rural areas will be all encompassing. Given that Malta is not well endowed with several natural resources l ike Cyprus; for instance, in terms of waterfalls, mountains, long sandy beaches, and forests, agriculture plays a key role in rural tourism. Increased quest for resources in rural tourism other than agro-tourism as well as changing climate could adversely affect demand for rural tourism in Malta (Bramwell 2004a). Agro-tourism can take on different forms and could include the following: Camping sites Educational trips Farm housing Farm trips Field days Horse rides Markets for farmers Organic farms Petting farms Rural museums Ecotourism is greatly practised in both Malta and Cyprus. Ecotourism falls into two categories, viz. passive and active ecotourism (Bramwell 2004b). Passive ecotourism ensures safety of the natural environment as well as the host societies whereas active ecotourism entails a real conduct/ lifestyle modification in support of tourists and has to chip in to the interests of the environment. Future view projections Whereas Cyprus presently has the better opportuni ties for prosperity in rural tourism, Malta is rich with more unused prospective for development (Okomus 2009). The following are some of the factors that might influence the growth of the rural tourism in both Malta and Cyprus. It is essentially a summary of advantages and disadvantages. Development position, life cycle- Malta has an internal saturation of rural tourism development as compared to Cyprus but both have potential for international development External and internal impacts- some of the external and internal impacts on rural tourism in Malta include changing climate and strategies aimed at improved marketing while the external and internal impacts in Cyprus include natural calamities and the internal market command Marketing and communications- in Malta, the strategies are directed towards growth of global marketing as well as packaging while the strategies in Cyprus are directed towards growth of global product offers where promotions are directed to gourmets Negative factors- the lack of a good definition for rural tourism in Malta could affect its growth while westernization is likely to affect the growth of rural tourism in Cyprus as it does not support a sturdy culture as the one maintained in Cyprus Resources- Malta suffer decreasing resources as a result of increasing population and a small land capacity while Cyprus has stable resources with opportunities for increase. Therefore, unlike Malta, Cyprus has sustainable development Conclusion Rural tourism is concerned with rural surroundings and involves both eco-tourism and agro-tourism. Globally, both Malta and Cyprus are reputable tourist attractions with numerous tourist attraction sites. Like Cyprus, Malta boasts of more than a million tourists annually (Katircioglu 2009). In Cyprus, rural tourism has been a manner of attaining social and economic growth and revival. More characteristically, rural tourism in Cyprus has been largely encouraged as a triumphant source of revenue and emplo yment. Nonetheless, some recent tourism destinations have resolved to rural tourism with the intention of expanding their tourism markets as well as products in an attempt to extend the advantages of tourism far from the resorts at the coast into the vicinities. Cyprus has a notably bigger land area than Malta. Cyprus could unconstructively affect the local population in urban centres due to the shift in domination of the rural areas. Additionally, increased development of villages in Cyprus could affect economic activities in the urban places, as the rural areas will be all-inclusive. Increased pursuit of resources in rural tourism other than agro-tourism as well as changing climate could unfavourably influence demand for rural tourism in Malta. Reference List Agarwal, S Shaw, G 2007, Managing coastal tourism resorts: a global perspective  (Vol. 34), Channel View Books, Bristol. Bramwell, B 2003, ‘Maltese responses to tourism’, Annals of Tourism Research, vol.  30 no. 3, pp. 581-605. Bramwell, B 2004a, ‘Mass tourism, diversification and sustainability in Southern  Europe’s coastal regions’, Coastal mass tourism: Diversification and sustainable  development in Southern Europe, vol. 12 no. 1, pp. 234-256. Bramwell, B 2004b, Coastal mass tourism: Diversification and sustainable  development in Southern Europe (Vol. 12), Channel View Publications, Bristol. Coles, T Hall, D 2005, ‘Tourism and European Union enlargement. Plus à §achange?’ International Journal of Tourism Research, vol. 7 no. 2, pp. 51-61. European commission: Economic and Financial affairs 2013. Web. Fleischer, A Tchetchik, A 2005, ‘Does rural tourism benefit from agriculture?’  Tourism Management, vol. 26 no. 4, pp. 493-501. Hall, D, Smith, M Marcisewska, B 2006, Tourism in the new Europe: The  challenges and opportunities of EU enlargement, CABI, Wallingford. Katircioglu, S 2009, ‘Tourism, trade and growth: the ca se of Cyprus’, Applied  Economics, vol. 41 no. 21, pp. 2741-2750. King, R Thomson, M 2008, ‘The Southern European model of immigration: do the  cases of Malta, Cyprus and Slovenia fit?’ Journal of Southern Europe the Balkans,  vol. 10 no. 3, pp. 265-291. Markwick, M 2000, ‘Golf tourism development, stakeholders, differing discourses and  alternative agendas: the case of Malta’, Tourism Management, vol. 21 no. 5, pp. 515-524. Mowforth, M Munt, I 2009, Tourism and sustainability: development, globalisation  and new tourism in the Third World, Routledge, London. Okomus, F 2009, Strategic Management for Hospitality Tourism, Butterworth-Heinemann, Oxford. Picard, D Robinson, M 2006, Festivals, tourism and social change: remaking  worlds, Channel View, Clevedon. Sharpley, R 2009, Tourism development and the environment: Beyond  sustainability? Earthscan, London. Shaw, G Williams A 2004, Tourism and Tourism Spaces, SAGE Publications,   London. Smith, M Hall, D 2006, ‘Enlargement implications for European tourism’, Tourism  in the New Europe: The Challenges and Opportunities of EU Enlargement, vol. 1 no.  1, pp. 32-43. Telfer, D Sharpley, R 2007, Tourism and development in the developing world,  Routledge, London. Theobold, W 2005, Global Tourism, Butterworth-Heinemann, Oxford. Weaver, D 2006, Sustainable Tourism: theory and practice, Butterworth-Heinemann,  Oxford. Yasarata, M, Altinay, L, Burns, P Okumus, F 2010, ‘Politics and sustainable  tourism development–Can they co-exist? Voices from North Cyprus’, Tourism  Management, vol. 31 no. 3, pp. 345-356. Appendix Appendix 1: Combined SWOT analysis Combined SWOT analysis Malta and Cyprus- Similarities Strengths Weaknesses Advanced infrastructure- both have ports, airports, and railway connections Attainment of interest and inflation rates (European Commission 2013) Community participation in prepara tion as well as programming incidents Development of urban and rural areas Enhanced rural tourism image Noteworthy fiscal changes since accession to the EU Reduction of public debt Suitable banking sector for currency exchange UNESCO World Heritage Site Logistic challenge- island operations Discouraging history Limited natural resources (European Commission 2013) Opportunities Threats Joining the euro area in 2008 Adoption of a single currency rate- to euro Communication policy aimed at vulnerable people Promotion and advertisement of the rural tourism sector Concluded agreements for partnership Significant economic growth Intensive campaigns through the media (European Commission 2013) Fall of GDP from 2003 to 2006 Susceptibility to external shocks- like increase in prices of oil Fear of unwarranted price increases- as a result of euro changeover Competition from international rural tourism destinations (European Commissi on 2013) Instability due to unfavourable climate This report on Rural tourism in Malta and Cyprus was written and submitted by user Sasha Carroll to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Dibs In Search of Self essays

Dibs In Search of Self essays In most cases, play therapy is used to observe the acts of a child. Doctor Axline used play therapy with Dibs to help him feel more comfortable. In the room she could have observed him and how he interacted with the items. If she were in her office, she might not have had any luck in helping him. The environment of a play therapy room must be familiar to the patient. The room would have to contain materials for the child to play with. The room described in the book had a sandbox, dollhouse, paints, and various other toys. The dollhouse was used to simulate Dibs home life. He could speak through the dolls without having to entirely open up. The paints let him express his feelings without having to use words. Before Dibs was in play therapy he did not have a good relationship with his parents. Doctor Axline immediately picked up on that when she met with Dibs mother. His mother identified him as being mentally retarded. Doctor Axline discovered how Dibs insensitive parents treated him when he was playing with the dollhouse. He observed that all the doors and windows on the house were closed. He began to repeatedly say No closed doors, in a harsh voice. Doctor Axline later understood that Dibs father would send him to his room and lock the door. This was Dibs punishment for not being able to act and talk like a normal child. Dibs father was very impatient with him while his mother tried her hardest to help him. When Dibs was in play therapy he had more freedom than he had at his home. Doctor Axline let him be himself without being disciplined for it. This made him open up to her. She was no longer a stranger to him. She was someone he felt that no matter when he did around h er, he would never get in trouble for doing it. This helped Dibs in becoming more open about his feelings and emotions. He was more enjoyable at home. His paren...

Shades of Meaning in Names of Colors

Shades of Meaning in Names of Colors Shades of Meaning in Names of Colors Shades of Meaning in Names of Colors By Mark Nichol A recent newspaper article about the world’s ugliest color reminded me that writers of both fiction and nonfiction can be misguided in describing colors. The article referred to a study in which researchers identified the ugliest color: opaque couchà ©. This name (the official designation in the Pantone Matching System, a printing-industry codification of colors) is French for â€Å"nontransparent layer,† a translation just as unhelpful in helping people visualize the color, which has also been- ahem- colorfully described as baby poo green. Now, having read that description, who out there can’t picture opaque couchà ©? When describing colors, it’s best to associate them with known visual stimuli- objects (especially those from the natural world) known to have that color. Artists and fashionistas may know celadon from celery, but a layperson will likely draw a blank when trying to picture a sweater dyed celadon, while easily forming an image of a celery-colored one. Likewise, emerald or mantis will resonate better with readers than a vague term such as chartreuse or teal, or one with a place designation, such as â€Å"Paris green.† Also, reconsider dated references. â€Å"Bottle green† was a useful descriptor in an era when glass containers of a distinctive green hue were ubiquitous, but the term will fall on blind eyes among younger readers. By contrast, â€Å"olive drab† is timeless, because of association with the fruit, though military combat uniforms, which used to be dyed in the color given that designation, are now generally earth toned. Also, consider how evocative a term is. Bright green, harlequin, and neon green are very similar shades, but â€Å"bright green† is lifeless, and harlequin suggests a pattern rather than a hue, but â€Å"neon green† is a vivid descriptor. For a very specific demographic, â€Å"Nickelodeon-slime green† will evoke the color of the ooze known to people who watched game shows on the Nickelodeon cable and satellite network during the 1990s, but it won’t benefit other readers. By all means, be as specific as possible in depicting colors, whether using a fictional character’s (or real-life person’s) choice of a fashion palette to provide insight into his or her personality or to convey an object’s or landscape’s appearance, but choose color descriptors carefully to enhance rather than obscure. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:The Meaning of "To a T"Top 11 Writing Apps for iOS (iPhone and iPad)Show, Don't Tell

Security questions regarding U.S. military support to Turkey Essay

Security questions regarding U.S. military support to Turkey - Essay Example In the recent crisis between Syria and Turkey the following problem has appeared: does NATO approve the initiatives of Turkey, so far, in regard to the military conflicts within Syria? The answer seems to be positive. This view is based on the statement of the Secretary-General Rasmussen that ‘obviously Turkey can rely on NATO solidarity’, a statement made on the 9th of October (NATO 2012). Of course, as a member of NATO, Turkey has right to ask for such support. Still, the intervention of NATO in the conflict between Turkey and Syria would have certain implications that can be reflected in a series of security questions. 2. U.S. military support to Turkey – Security questions In order to refer to an issue as being related to security it is necessary for certain terms to be met. The common form of security questions is described in the study of Everts (2001). According to the above researcher, a security question can be related to different issues. Reference can b e made, for example, to the ‘democratic government’ (Everts 2001, p.44), as a security question. It should be noted that through the decades, the form of security questions has been changed. Energy, environment and allies’ security are common security questions in countries worldwide (Everts 2001, p.44). ... een Turkey and Kurds – Democratic question as a security question The claim of Kurds for the creation of their own state within Turkey is quite old (Brauch et al. 2003). However, since the beginning of the crisis between Syria and Turkey, the efforts of Kurds to promote their geopolitical interests have become quite strong (Dannreuther 2012). On the 3rd of October a Syrian attack on a Turkish town resulted to the death of five civilians (BBC News 2012). Turkey responded with attacks on targets near the borders (Guzel & Frazer 2012); the UN Council supported the specific initiative of Turkey (Guzel & Frazer 2012). The provision of military support by NATO to Turkey would allow the latter to develop extensive military operations against Syria. However, in case that the conflict between Turkey and Syria would be further expanded, then Kurds would possibly take the chance to develop more dynamic operations against the Turkish militants. In such case, the political stability of Tur key would be set in risk, a fact that would negatively affect the popularity of Turkish government. The stability of the country’s polity, as this stability would be threatened by the expansion of armed conflicts within Turkish territory, can be characterized as one of the most important security questions related to NATO’s intervention in the conflict between Turkey and Syria. 2.2 The geopolitical stability of European Union – Supporting the allies’ safety as a security question The political and social stability in Turkey can highly affect the geopolitical stability of European Union. The potential involvement of Turkey in a war would threaten the security of EU, even if Turkey is not a member state. Moreover, the cooperation between Turkey and the EU is close, especially in terms of

Merger and Acquisitions Research Paper Example | Topics and Well Written Essays - 750 words

Merger and Acquisitions - Research Paper Example For Nvidia to acquire some other company or merge with some other formidable company to bring synergy in the operations, which cut down on operating cost, improve market penetration, or enhanced scale of operations could be a good choice. There are many companies that Nvidia may think of merging to increase the value of its stockholders; however, AMD will be a finest choice for merger over any other company. Nvidia’s old competitor ATI was acquired by AMD since then AMD has been most formidable competitor to Nvidia. A good synergy can be achieved by merging these two companies. AMD'S revenue at $6.5 billion is almost double of Nvidia's $3.5. Operating margin is almost matching at 6.25%. Merger can bring about the cost cutting in managerial and other staff cost. Unnecessary competition in many product lines can be eliminated and better price realization can be achieved. Their mergers will better be able to face competition from much larger corporations such as Intel. In the pro cess merged entity will have higher price-earnings ratio in the market place leading to higher share price. (Investopedia.com) Answer 2. The AMD’s market capitalization is $5.25 billion, which is almost half of Nvidia’s market capitalization of $10.45 billion. ... This is also known as Fixed-Shares Stock offered to the shareholders of the company being merged. Thus, the company also saves on taxes as no cash outgo has taken place. The basis of ratio could be a current market price. This would not make any financial burden on Nvidia and merged entity would have increased outstanding shares with enhanced revenues and profits. It may happen that initially Nvidia share price may move southward but within 2-3 quarters when synergistic effects start percolating on the merged entity, price of Nvidia will start moving up fast. The agreed ratio will have some effect on price of AMD share but that will get stabilized soon. (Expectationinvesting.com) Answer 3. There are some other companies that can be merged with Nvidia as second or third choice for mergers. Gaughan, (2001) has rightly pointed out that merger should be able to integrate the operations of both the companies, otherwise it would be simply a leveraged buyout and that may fail to bring any e ffective outcomes that are envisaged with any merger. Xilinx Inc. (XLNX), a California based company, being in the allied field and complementary to the Nvidia’ business line could be a good choice for merging with the Nvidia. Xilinx Inc., offering programmable logic solutions in the form of advanced integrated circuits, could provide a good fillip to Nvidia in terms of business growth and can bring some level of synergy into certain functionality. Xilinx Inc., with market cap of 8.91 billion and operating margin of 34% that generates operating cash flow of 724 million in 12 months is a cash rich company to merge with Nvidia. (Source: http://finance.yahoo.com) Microchip Technology Inc. (MCHP) is

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Undoubtedly roller coasters are the kings of amusements parks. Whether you enjoy a older, rickety wooden roller coaster with its thrill of positive and negative G's and a fairly wobbly feeling. Or, you prepher something newer, a tube steel roller coaster. A coaster that is faster, one that includes death defying speeds, hairpin turns, and of course the crï ¿ ½me de la crï ¿ ½me, loop de loops. However, regardless of you personal tastes and preferences, through exploring this page you will find that all roller coasters are indeed bound by the same fundamental laws. Laws that govern everything in our daily lives, the laws of physics. While exploring this paper, please remember this simple fact: Roller coasters are fast, they're fun, they're exciting, but above all, they're PHYSICS! The basic physics that apply to roller coasters can be seen when we examine some of the simple thrills of roller coasters: * The relation between Height and speed * Positive and Negative G's * The corkscrew * The loop de loop Some of you out there might be wondering, what exactly I mean that when I say that there is energy associated with roller coasters? And the answer is very simple, although roller coasters don't produce, or use energy as most people today would define it--electricity. They do posses what physicists call kinetic (or mechanical) energy, which is the energy of motion and is defined with the equation: K= ½mv ² which is read: ï ¿ ½Kinetic Energy equals one-half mass times velocity squared.ï ¿ ½ However, there is another type of energy associated with roller coasters, and that is gravitational potential energy, which is simply the energy that the roller coaster has due to its position above the earth, and has the formula: U=mgh which is read: "Potential Energy equals mass times velocity times height." Then, when we take into account the First law of thermodynamics (also called the conservation law), seen below: The First Law Of Thermodynamics: ï ¿ ½Energy can be changed from one form to another, but it can not be created or destroyed.ï ¿ ½ click here to see the source page. So, after taking thermodynamics into account we see that at any given point during the roller coasters ride, (granted we are using a traditional roller coaster in which there are no extra chains, or engines to lift it other than the first hill, and that friction is negligible) we see that:

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The school doesn’t have an organized and secure ID system that can ma ke everyone’s life easy and convenient to avoid the occurrence of problems in their transactions.So the proponents decided to propose an ID system with SMS notification and ID scanner to provide a better way of dealing with transactions like information and security purposes. This study is descriptive  and explanatory research endeavor. It seeks to inform the reader about the benefits and advantages of having more convenient and systematic ID system because indeed, high technology and security is related to each other.Having convenience in all task performed in daily living is very helpful using high technology equipment. The proponents will introduce a type of security system that will help a lot in terms of identifying and verifying students, faculties and staffs using the barcode scanner. Student’s ID card is a gate pass with a network-based system that will monitor the time in and out of the student inside the campus and directly send information to their parents /guardian. This system is about security and information that is stored in a database needed for future references.Conceptual framework Conceptual Framework is the clarification of all the activities and process of the entire ID system. This study used the System Development Life Process define as a logical process used by a system analyst to develop an information system, including requirements, validation, training, and user. The SDLP is originated by Elliott & Strachan & Radford (2004), The System Development LifeProcess used by the proponents to show the process of the entire development of the system.Figure 1.1 System Development Life Process of Access Computer CollegeThe importance of this study is to develop an ID system for Access Computer College. In the stage of Identifying the Problem, the proponents gathered information about the particular problem encountered by students and staffs of the school.In the stage of Planning, the proponents carefully analyzed the possible ex planation that will help to solve the identified problem of school in their current system. The proponents made some interviews on some students and staff about the problems they encountered.In the next process which is the designing, the proponents visualize or conceptualize a good interface that is suitable for the institution’s name and profile. In the stage of system development the proponents began to code using the Microsoft Visual Basic 2010 as programming language and Microsoft Access Key as Database.In the situation of system testing, the proponents try the system to identify some errors or inconsistency of it and if there are some inconsistencies, the proponents will debug or code the system. The proponents conducted the intensive testing program and updating to prevent errors and viruses and to assure that the system will not cause any malfunctions and inconsistency. Next stage is system evaluation, the proponents gathered feedbacks and comments from the user of th e system. The next is the system implementation where in the proponents will implement the system to the said school. The last stage is the system maintenance. The system will be under a warranty services, the warranty covers system consultation, system tutorials, system check up and debugging for possible and encountered errors. System enhancement will not be covered by the system warranty.Statement of the Problem The ID system study is created for the security and information for Access Computer College, Zabarte Branch. The study sought to answer the following questions: 1. What are the common situations usually encountered in using the current system of Access Computer College? 2. How can this ID system improve the security and information of students and staff of the school? 3. Is there any significant difference between existing system and the proposed system in terms of:Accuracy Accessibility Efficiency Security SpeedScope and Limitation This part tells the capability and limi tation of the program which the proponent will need to develop. Scope Log in modules can be used by Admin and/or authorized personnel. Searching files/records of students, professors and staffs are in order. Adding files/records will be done by a designated person only. Saving of files and records can be done according to the information. Only the Admin has the authorization to add, change, and delete the students’, professors’ and his/her accounts. The two command buttons; edit button and delete button will be enabled if the verification code is right. The system is using USB Modem as its gateway for sending mesagesLimitationLog in modules cannot be used by authorized person. The SMS notification is only applicable to the students. Significance of the Study 1. Students2. Professors This kind of system can now solve their problems in terms of dealing transactions and will achieve a safe learning environment, efficiency, security and accessibility of information. In add ition, this can help them fasten and lessen their work in every transaction.3. Proponents The study finds the proponent’s behavior in creativity of being a programmer. It is valuable because this will widen their knowledge and skills in programming and will encourage them to learn more about computer field.4. Access Computer College This will be a great advantage because Access Computer College will be known for its good education with regards in creating a program.Definition of Terms For better understanding of the readers, the following terms are defined: Accuracy – the ability of the system to be prà ©cised on its records and avoid errors. Database – Is an application that manages data and allows fast storage and retrieval of that data (en.wikipedia.org). Database helps the system to have a security in terms of storing information about a particular product or people. Efficiency – the ability of the system to achieve the desired result without wasted energy and effort. System – is a collection of automated transaction system (Microsoft EncartaDictionary, 2007).In this study, system refers to the Integrated Security with SMS Notification and Scanner for Access Computer College. Transaction – An agreement between a buyer and a seller to exchange an asset for payment (Webster Dictionary, William Collins, World Publishing Company Inc., 1990),the process of exchanging payments between the payment staff and the trainees. In this study, it is interaction between the students, professors and staffs having a transaction.CHAPTER IIMethod of Research Methodology includes the data gathering, Brainstorming, questionnaire, interviews, statistical treatment and testing activities.Data Gathering The following gathering data tools were used in this study. (1) Observation the existing traditional ID system to have a better understanding about it. The proponent observed how the old ID system works. (2) Interview was used to collect a fact regarding the current system to have a better idea on how ir works. (3) Research method was used by the proponents search and gather data that will support this study. We used internet and collected data from the library materials such as books and other thesis that will help guide us through the course of this study.Brainstorming This techniques of generating ideas during group meeting participants are encourage to generate any ideas, feasible in a short time period which any analysis until all ideas have been exhausted. Proponent talk about the  problem that encountered in Access Computer Colloge in their current system. Proponent gives ideas on haw to solve the problem.Questionnaire A set of prepared questions used in data system.Interviews The proponent conducts an interview by using both verbal and written for asking questions.