Essay on Overpopulation and Environmental Degradation

Overpopulation and Environmental Degradation At the time of the agricultural revolution, nearly ten thousand years ago, the population of the globe was no more than ten million. Today the world population is estimated at over six billion. In the last hundred years the population has more than tripled. With the population rising at an enormous rate of 1.7 million a week, the world as a whole is being drained of its resources. (Southwick, 1996) Different theories have prevailed on what will occur as the population continues to explode ranging from the Malthusian apocalypse to absolutely no effects at all. Over the last two centuries as agricultural and technological advancements came about, the planets overall carrying capacity increased†¦show more content†¦The estimate comes from the availability of energy resources, agricultural land coupled with increased pollution control, recycling, and sustainability. (Southwick, 1996) The world today faces tremendous problems with poverty, disease, and famine as a result of the b ooming populations. Overpopulation has greatly affected todays societies throughout the world. Certain countries, especially in the third world, struggle just to survive as living conditions continue to decrease with the skyrocketing populations. One in six people in the world are desperately poor. The overpopulation is due to: an increase in the life expectancy, a huge decrease in child or infant mortality, lack of education for women, and an overall demand for children in the workplace. In recent times there have been many improvements in immunizations, not only within the actual medication but that many more people are receiving them, especially infants. As a result, a larger amount of young children are surviving and living longer. For many families in poverty conditions, children are essential for the overall familys survival; more income is needed that comes with more children working. Poverty increases population growth in hopes to rise out of the depressed conditions, increasing the poverty. (Te nnenbaum, 1998) It is a cyclic process that is spiraling out of control. Overpopulation has lead toShow MoreRelatedOverpopulation and Environmental Degradation Essay1784 Words   |  8 PagesJessica Carling 10/28/2010 Tues/Thur. 2:00 - 3:15 Overpopulation and Environmental Degradation The planet on which we live is dying, harsh: yes, but true. The sustaining capacity of the globe is shrinking a little bit every year and soon, if the population trend continues at the current rate the sustaining capacity will have reached its peak. The ignorance of humanity has lead all to believe that the planets resourcesRead MoreProblems Caused By Overpopulation Is The Rise Of A Place Populated With Excessively Large Numbers879 Words   |  4 PagesProblems Caused by Overpopulation in Cities Overpopulation is ‘The condition of a place populated with excessively large numbers’. It is considered a problem in many senses, since it causes a number of issues for various different reasons. One major issue caused by overpopulation is the rise of unemployment. This is when people actively seeking employment or just people that are able to work remain unemployed. Overpopulation causes this because the amount of jobs available would be the same as beforeRead MoreConsumption Overpopulation and Its Effects on the Environment1082 Words   |  5 PagesConsumption Overpopulation Think about a sign that says EARTH Max Capacity 10 billion. Based on what they have the human population plans out parties. They have a lack of space and resources. Anyone who would plan these parties would have to take in account for the amount of people that would have to scrunch in with each other, and how many people would not have enough food to last the party. Which basically makes it so the guests are down to a certain number. Our planet is a close similarityRead MoreEnd of Mayan Civilization1143 Words   |  5 PagesThese factors included overpopulation and accompanying ecological degradation, political competition, and warfare (Sayre, 2012, p.392). Once again, it is essential to clearly articulate the fact that it is theoretically impossible to put forth only one single underlying factor in a theory offering a coherent explanation for the collapse of the Mayan civilization. However, one particular theory, a comprehensive theory focusing specifically upon drought as an environmental and climate factor, offersRead MoreOverpopulation Is More Than Just A Crowded Planet1343 Words   |  6 Pagescurrent world population no longer signifies progression; it signifies regression. Today, the Earth’s human population is approaching overpopulation. Overpopulation is more than just a crowded planet. The definition of overpopulation is, â€Å"†¦too many people for the amount of food, materials, and space available†¦Ã¢â‚¬  (Cambridge Dictionaries). This means that overpopulation will impact crucial aspects of the planet and not just increase city sizes. Robert Kolb suggested in the Encyclopedia of Business EthicsRead More Overpopulation Pressures Our Natural Resources and Environment743 Words   |  3 PagesThe growing concerns of population are not limited to environmental degradation such as losses of biodiversity, soil depletion, and toxic rivers and oceans. It goes further through the risks it imposes of â€Å"epidemics, resource war, terrorism, and deaths from violent climatic events† (Ehrlich and Ehrlich 2012). Malthus argued that, people growth respond to wage or income that correlate negatively with the size of population (Lee 2011). On the other hand, climate change correlates positively with increaseRead MorePopulation Growth And Its Impact On The Environment1677 Words   |  7 Pageswithin that time frame. If the population continues to grow at rapid rates our planet, environment, civilization, and even humanity will suffer due to over consumption, pollution, and destruction causing depletion and possibly even extinction. Overpopulation of civilizations could lead to the depleti on of fresh water, other natural resources, food supplies, and even habitations. Humanity as a whole make choices regarding housing, food, water, and even clothes that impact our biospheres. PopulationRead MoreThe Causes Of Poverty With Special Focus On India1242 Words   |  5 Pageslive such as food, water and shelter. Did you know over 3 billion people live on less than $2.50 a day, which is 43% of the world’s population i.e almost half (worldbank). Poverty is caused by a variety of things including overpopulation, lack of education, environmental degradation and economic factors. The following essay goes in depth on the various causes of poverty with special focus on India. Political influences in India such as income inequality, globalization, capitalism and corruption areRead MoreThe Problem Of Overpopulation And Overpopulation872 Words   |  4 PagesHuman overpopulation. Human population can be defined as the condition whereby, the total count of the human inhabiting a certain area exceeds the carrying capacity of the area Bongaarts, (2011). This brings out an issue of the carrying capacity of the region which alludes to the number of individuals who can inhabit a certain area for a given period. It may also be looked at as the situation whereby the available renewable resources in a certain area can satisfactorily support the current populationRead MoreExtinction Of Animal Extinction1024 Words   |  5 Pagesefforts to help endangered animals, there is a lack of admission that people are the cause for this issue. The human race is what has caused many of these species to become extinct, through our destruction of the adjacent land and overpopulation. Environmental degradation has affected many of the species that need that ecosystem to survive. When speaking of the loss of species, the Zoological Foundation and the World Wide Fund for Nature have both agreed that â€Å"The losses were attributed to pollution

The Atomic Bomb Of The United States Essay - 1748 Words

On Monday July 16th, 1945, a countdown for the detonation of the first atomic bomb took place near Los Alamos, New Mexico. This atomic bomb testing would forever change the meaning of war. As the atomic bomb was detonated it sent shock-waves all over the world. There was endless research done on the bomb in the United States. The research was called The Manhattan Engineer District Project but it was more commonly known as The Manhattan Project. The Manhattan Project was brought by fear of Germany and its atomic research. On account of the fear of Germany the United States took action upon testing their own atomic bomb. Once the bomb was tested, the United States had to decide whether it should be used and if so, where? Then there was the process of dropping the bomb. The Manhattan Project was overall one of the highest and most significant projects ever done in the United States. The United States government was shocked by the news of German scientists discovering nuclear fission. The news came to the United States from Albert Einstein. Einstein found out the nuclear fission information from a German physicist named Leo Szilard. He then told it to President Franklin D. Roosevelt and urged him to start an investment toward atomic research. The research would then help construct an atomic weapon of mass destruction. Roosevelt was not especially concerned about investing in atomic weapon research because he didn t plan on getting involved in the War. When Pearl Harbor wasShow MoreRelatedThe Atomic Bomb Of The United States2000 Words   |  8 PagesIn 1939, when it was discovered that Germany had the technology to produce a weapon of mass destruction, the United States was determined that they would not fall trap to the Nazi’s reign. World renowned scientists gathered together and by 1941, the secret project to produce an atomic bomb was given the code name the Manhattan Project. Nobody expected this weapon to be so powerful, but this secret weapon had a lasting impact that changed the course of history. The Manhattan Project was ultimatelyRead MoreThe Atomic Bomb Of The United States1610 Words   |  7 Pages It was the morning of July 16, 1945, a countdown for the detonation of the first atomic bomb took place near Los Alamos, New Mexico. The atomic bomb testing would forever change the meaning of war. However, the atomic bomb was detonated and it sent shock-waves all over the world. There was much research to be done on the bomb in the United States. The research was called â€Å"The Manhattan Engineer District Project† but it was known as The Manhattan Project. With the issues of theRead MoreThe Atomic Bomb Of The United States1358 Words   |  6 Pages â€Å" The atom bomb was no ‘great decision.’ It was merely another powerful weapon in the arsenal of righteousness.† This quote was said by Harry S. Truman the first President who used an atomic bomb. The program that was able to create this monstrous power was known as the Manhattan Project. Creating this weapon was their main priority. The United States was in the midst of World War 2. The atomic bomb is considered to be the main factor that ended that war. It was a race against the multiple enemiesRead MoreThe Atomic Bomb Of The United States2074 Words   |  9 PagesSampson Phillips American History/SRP Mr. Smith 1/1/16 The Atomic Bombs On December 7, 1941, the Japanese launched a bombing attack on the American naval base in Pearl Harbor. This attack on the U.S. brought America into World War II. One Japanese general commented â€Å"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve.† (Yamamoto) Japan’s surprise attack on the U.S. created a much larger enemy than they intended. After the attack the U.S. embarked on a bloodyRead MoreAtomic Bomb On The United States866 Words   |  4 Pagesdevelope a weapon, using nuclear power that could be used against enemies of the United States. President Roosevelt felt the need to reach this landmark before any other conuntry beat the United States to it. Having this type of weapon would also help establish the country as powerful and more advanced than others. When President Roosevelt unfourtuantly died on April 12, I, Harry Turman, became President of the United States and overseen this project. In July of 1945 the project produced a weapon so powerfulRead MoreThe First Atomic Bomb Of The United States1249 Words   |  5 PagesRoosevelt asked the United States congress to declare war on Japan. Three days later, after the United States turned its attention to Germany and Italy, the two countries declared war on the United States, which the President and Congress freely agreed to. After two years of continuous fighting in the second World War, America had finally joined (â€Å"Pearl Harbor†). Two years before America even joined World War II, Albert Einstein, a German physicist, warned the United States of Germany’s threatRead MoreAtomic Bombs On Hiroshima, Japan, And The United States1202 Words   |  5 PagesAugust 6th 1945, the United States dropped the first of two atomic bombs on Hiroshima, Japan. World War Two was practically over, but Japan and the United States weren’t getting along due to Japan bombing Pearl Harbor. The President of the United States (Truman) and U.K. Prime Minister Winston Churchill Issued the Potsdam Declaration which was the declaration that was put on the table for Japan after Germany had surrendered. Earlier in the war we had been putting together atomic weapons in case theRead MoreWhy The United States Should Use Atomic Bombs966 Words   |  4 PagesThe United States decision to use atomic bombs to end the war appeared to be the saving grace for the American people. Once World War II came to an end as a result of the bom bings of the Japanese cities of Hiroshima and Nagasaki, however, the eyes of Americans were opened to the possibility that what they viewed as salvation for their country could be equated with the evils committed by the Axis powers. For example, many trials were held against German men that were a part of the Nazi operation thatRead MoreThe Atomic Bomb : A Significant Period Of Time That Molds The United States980 Words   |  4 PagesThe Atomic Bomb in Japan President Truman, decision over booming Japan is a significant period of time that molds the United States. The crucial decision that was made on August of 1945, brought World War II to an end. While bringing the WWII to an end, it attracted a lot of debates over the use of the atomic bombs in the war. Even though the WWII has ended decades ago debates still lingers to this point. Having people in both sides of the debates, makes people wonder if the use of the first atomicRead MoreWhy the United States Dropped the Atomic Bomb: Persuasive Essay1259 Words   |  6 PagesThe atomic bomb is the subject of much controversy. Since its first detonation in 1945, the entire world has heard the aftershocks of that blast. Issues concerning Nuclear Weapons sparked the Cold War. We also have the atomic bomb to thank for our relative peace in this time due to the fear of Mutually Assured Destruction (MAD). The effects of the atomic bomb might not have been the exact effects that the United State s was looking for when they dropped Little Boy and Fat Man on Hiroshima and Nagasaki

Tata Group Free Essays

Tata group of companies, it is said that there is Tata in every Indian’s life directly or indirectly. Tata group of companies is India’s largest conglomerate. Tata group is made up of 90 operating companies in seven different industries which makes it India’s largest conglomerate. We will write a custom essay sample on Tata Group or any similar topic only for you Order Now Tata group was founded by Jamsetji Tata in 1868. The founder of the Tata group was a visionary who was a traveler and loved travelling around the world. Jamsetji Tata was born in a small town of Navsari in Gujarat India. In his early working life, he worked with his dad in his banking firm. He wanted to start a new business, and he did start a trading company while working with his father in his banking firm. Then in he established a textile mill which he named as empress mill as a smart move to avoid any British opposition. This was the first stem to the huge Tata group which it is today. Jamsetji Tata was a traveler and brought many ideas about business in his travel. He saw new things and technology used in other countries in his travel he brought those things and new ideas home and employed them in his company and helped the country in the path of industrialization. Jamsetji Tata created trust and one of these trusts today holds the majority of the shares in the Tata group of companies. Jamsetji Tata’s one of the dream, was to construct a hotel which was the best in India and has to be the most luxuries in India. The Taj Mahal Hotel was the first building in Bombay to use electricity. Jamsetji wanted to build the best hotel in India after he was denied entry in one of the hotels in Bombay because he was Indian. The hotel which was completed, in 1904 was one of the great marvels of Tata group in Jamsetji Tata’s life time (Tata Group, n. d. ). The next big thing which happened in, the progress of the Tata Group was the establishment of iron and steel plant which was the first iron and steel plant in India. It was a challenge to start an iron and steel plant in India as there was an ever present pressure from the British raj. However, Sir Dorab Tata made it the reality when he started the steel plant near Jamshedpur. The new company was called Tata steel, which is the 10th largest steel manufacturer in the world currently. The company was established a century ago by Sir Dorab Tata in 1907. Sir Dorab Tata was also established first hydroelectric power plant which was the beginning of Tata power. Tata power is India’s largest private sector power generating company. One of the best companies in the Tata group ware established in the life time of Sir Dorab Tata. The founders of Tata group where not only the business men but also nationalist. In 1911 after seven years, after the death of Jamsetji Tata the first science instate was established in Bangalore. Where the bright brains of India can cultivate their aspirations in science, and technology. Tata’s ware fully aware of their corporate social responsibility towards society, and their country as whole (Tata group, n. d. ). The institute established by the Tata’s is today’s premier research and development institute which is in Bangalore. In its 375 acres campus, the Indian Institute of science hosts 40 departments and centers of various fields of science. Institute constantly performs research and development of cutting edge science in association with space research organization and defense research organization. Tata institute of fundamental research is one of the best research institute in the country. There are many such institutes which where the vision of the founders of Tata group, which are serving the country and society as a whole. Tata Group is also known for employee satisfaction. Tatas ware first to introduce the 8 hour working day in 1912 long before it was introduced in the western countries, they were first to introduce the provident funds which is a kind of savings account in which a certain percentage of pay is deducted, and deposited in the account, and the same percentage of the amount is matched by the employee, and deposited in same provident fund account, this was a kind of social security which was way ahead of its time. Provident fund was made compulsory by the Indian government for every company after 1952. Tata group in their process of employee satisfaction has constructed cities. Jamshedpur is very good example of the fastest growing and developing city in the country, is founded by the Tata group, to provide housing facility for the workers working in countries first steel plants, and it is named after the founder of Tata group Jamsetji Tata. With the death, of Sir Dorab Tata In 1932 Tata group lost its one of the great leaders. Sir Nowroji Tata became the chairmen of the group. By this time, Tata Group was in many business and industries. However, Sir Nowroji Tata died in 1038, and the responsibility of the company was on young 34 year old JDR Tata. JDR Tata came with new ideas, to further expanded the company. JRD Tata was the first in the country to get a commercial pilot’s license. He was the one who took the Indian in to the aviation age the first commercial aviation company was established by JDR Tata. The Tata Airlines was the first airlines of India which is still the largest airlines in the country. However, the Tata airlines was nationalized and is now known as Indian Airlines after the government of India took over the company from Tata group and regulated the aviation market and was the only airlines in the country for a long time. JDR Tata was the chair man of Tata Group for fifty three years and during his leadership Tata Group expanded in new industries. Under JRD Tata’s leadership, the company from independence to 1990 despite stringent regulations and license raj was able to grow constantly and was able to start their business in new areas. Tata started Tata Chemicals in the year 1939. Tata Motors and Tata Industries in 1945, Voltas in 1954 which is manufacturing home appliance, Tata tea, which is one of the largest tea company of the world was established under his leader ship, Tata Consultancy Services (TCS) India’s largest Information Technology company by market capitalization was established in the year 1968, and the Titan Industries in the year 1984 (Tata group, n. d. ). JDR Tata steep down from the position of being chair man of that group in 1991. Ratan N. Tata took over the position as the chair person of the company and still a chair person of the company. Ratan Tata became the chair person in the mist of new economic reforms in the country where government removed many restrictions. The Indian government lifted many regulations to do business and started the end of the license raj. New entry of international origination gave competition in many industries to the Tata group. Tata group had new arena to do business in this newly freed market. Tata Group, one of the old and strong business groups whose business has seen many rough time the company in 1990 at last able to operate in a free market where it can perform to its full potential. Tata group was started as a modest trading company by the founder Jamsetji Tata is now one of India’s Biggest Company. Tata Group consists of 90 operating company which consists of communication, Information technology, chemicals, consumer products, engineering, materials, and many more industries (Tata Group, n. d. ). Tata Group is based in Mumbai India is not just an Indian company it is a global enterprise. Tata Group earns more revenues from operations outside India then that from the domestic market with in India. Tata Group earns 57 percent of its revenue, which is, $67. billion in 2009-2010 came from business outside India and rest form the business in the country. Out of 90 company the company has 28 publicly listed companies whose market capitalization is of around $98. 11 billion. The company has the share holder base of 3. 5 million. The Tata group is present in 85 countries worldwide and employees around 395,000 people worldwide (Tata Group, n. d. ). The present chairman of Tata group is Ratan Tata he is the chairman of Tata Sons the promoting company of Tata group and hence the chair man of Tata Group. Ratan Tata was born on December 28, 1937 he is the grandson of the founder Jamsetji Tata. He was raised by his grandmother Navajibai. He has done bachelors in architecture from Cornell University in 1962. He has further studied advance management program from Harvard Business School and graduated in 1975. Ratan Tata becomes the chairman of Tata sons and Tata Group in 1990. This was the time when then Indian government decided to open the Indian market to the international competition. Then Indian government also opened many industries to the private-sector investment. Tata Group being one of the biggest group in India was well in a position to take advantage of the situation presented to them and during the same time Ratan Tata was chosen by JRD Tata as the chairman of Tata group. However, Ratan Tata did not become the chairman of Tata group directly. Initially he got a job offer in IBM which he declined with the advice of JRD Tata. He started first working in Tata steel in Jamshedpur where he worked on the floor making steel in front of blast furnish. This was like a training ground for him for the feature responsibilities (Tata Group, n. . ) Tata Group is headed by a dynamic leader Ratan Tata has two decision making groups. These groups are called Group executive office, and Group corporate center. These groups divide decision-making responsibility. Group executive office, the main objectives of the group executive office are to implement the programs in relation with governance, human resource, etc. group executive office also works to improve the synergistic between various companies within the group and also to improve synergistic between group and individual companies in the group. The current GEO comprises of Ratan Tata, R Gopalakrishnan, Ishaat Hussain, Kishor Chaukar, and Arunkumar Gandhi. (Tata group, n. d. ) The other decision making body in management structure of the company is Group Corporate Center. This decision-making body in management works on promoting the Tata brand in the country, and around the world. The group issues policies for the growth of the company and entry in to a new area of business are reviewed in this decision-making group. Group corporate center also provides advices on financial, human resource, legal, and functional issues as and when necessary to companies in the group. The present members in the group are Ratan Tata the chairman, JJ Irani, RK Krishna Kumar, R Gopalakrishnan, Ishaat Hussain, Kishor Chaukar and Arunkumar Gandhi. The Tata group commits it shelf to the country they operate, and to improve the quality of life of the people who work in the group, and the communities in which Tata group operates its business. Tata group is a value driven company and they believe very strongly in their values, and have five core values which help them as a guide for growth and in the arena business of Tata group. Tata group strongly believes in integrity, and they believe that the business which they perform should be conducted in a fair manner and with honesty. The business process should be transparent. The group also believes in understanding the customer and the employees specially. Tata group strongly believes that in doing business, they should act with compassion and humanity towards the customer to whom they serve and in the internal operation of the company between the colleagues within the company. Tata group thinks that they should do their best in day to day work. They believe that the product, which they provide, to their customer should be of the best quality. They believe that they should raise their standard of works in day to day working. They also believe that they as a group should work more cohesively. It is also important that they work in unity between the companies and their partners around the world. Tata group believes that working in a united manner can result in excellent results, which impact the growth and development of the company, and Tata group as whole. Tata Group thinks it is responsible to the communities in which they operate their business, and it thinks that they are responsible towards the country, in which they operate. Tata group believes, in providing more to the people than what they received from them. Tata group also believes strongly in their code of conduct and do their day of the day operation in accordance with their code of conduct. They have twenty five clauses which make their code of conducts and works as a guide for their operation in day to day operation of the company. Tata group thinks that innovation is the best way to progress and with the innovation they can achieve what they want to achieve in the business. The best example the company has displayed is by Tata motors. The Tata Nano is an example for the innovative side of the Tata group. The nano car, which is the cheapest car in the world, Tata nano costs around 100,000 Indian rupees which translates to around $2500 depending on the present exchange rates. Many in the automotive industry said that the car was impossible to make. It was the brain child of Ratan Tata the chairman of Tata sons and Tata Group. Ratan Tata saw the Indian, middle class family of four crammed on a two-wheeler on a wet road. It is very dangerous to drive on the road in such conditions, especially in India where traffic condition is very bad. Ratan Tata got an idea of making a car which will be affordable to the emerging middle class of India. This engineering challenge which they had been never accomplished in the history of modern day automobile industry. In the early 2003 on the sides of a business meeting, Ratan Tata expressed his wish to make an affordable car for the people of India. This was going to be a challenge, and Ratan Tata knew about it very well. He called five engineers from Tata motors to Bombay house to give them the challenge of doing which was never done before. The team of the engineers did not have any kind of idea about what they are up to and came with the ideas of cheap transport. They only got the idea of the challenge when the chairman him shelf told them about his idea of INR 100,000 cars. The team was given the challenge was going to do something which did not have a bench mark, for next four years they were working on one man’s dream which can affect an entire country of 1. 2 billion people and their safety on the roads. During the process, of building the cheapest car of the world Tata motors has to start completely from the basics of car building. Engineers at Tata motors had to start over as they were not able to get parts from exiting suppliers around the world which can fit within the pries tag of the car. They did what Tata Group is all know about Innovate (Tata Moters , n. . ). Engineers at Tata motors ware able to create the marvel the Tata nan, which is the cheapest car of the world. The car was holding the price tag of INR 100,000 despite the increase in the raw material price. The car was launched on early 2009. The Tata group is not Just accomplished building a car, but in many other business too they have created the cheapest water which do not use the electricity and uses the natural materials and is cheap so that the poor farmers in a remote village can use the water filter which is called Tata Swach. This innovative feat achieved by Tata chemicals was a life changing for many rural population of India where pure water or water purification system are very costly are not cheaply available. The Tata has done it again by innovating and not only providing the solution to the problem but also providing it cheaply so that it can be used by the common Indian. The Tata Group has become the integral part of every Indian’s life is not just confined to India. Tata group is present in 85 countries. Tata group now came to the world stage my major industrial acquisition. The biggest of them all was the acquiring of Cores. Corus was the biggest steel producer of steel in Europe and was a high end steel producer. Tata steel is the low end steel producer as the market demands in India. Tata steel was mainly focused on Indian market was the second largest steel producer in India. There was no presence of Tata steel in Europe before the takeover of the company. This is the biggest takeover by any Indian company in the world. Corus was the second largest steel producer in Europe, Tata when acquired Corus made it the fifth largest steel producer in the world. Tata acquired Corus for $8. 1 billion and promised to fuse funds in Corus pension fund. This over take was also symbolizing the growth of Tata after 1990’s, during this two decades it has expanded in ever growing Indian market and also has stretched its wings in the international market, as well. The only way where it can expand to the world stage is by acquiring other companies, and as done my many Indian companies recently the deal between Tata and Corus was showing the newly found strength in Indian companies around the world. â€Å"One minute world news â€Å", 2006) Tata group did not only acquired the Corus but acquired many other brands or companies around the world. Tata motors have acquired at least one brand or company every since 2004. In 2004 Tata motors acquired the Daewoo motors. The Tata Daewoo has a very big market around the world and sells trucks under the name of Daewoo in South Korea and Pakistan and under Tata name around the world. In 2005 Tata motors acquired, Hispano Carrocera is one of the largest manufacturer of buses in Europe. Tata Motors acquired entire 100 percent stake in the company in 2009. Tata motors become biggest bus manufacturer in Europe with the acquisition of the company. Other big acquisition and most widely know is when Tata motors bought the famous and esteemed British car manufacturer Jaguar with this Tata motors came in European high end car market. Tata now owned the famous brands like Land rover and has truly become a global brand. Tata group has been at the fore front of the overtaking global company recently has also faced with many issues due to the down turn of the global economy. There were few issues not related to the economy but completely different like a terror attack on 26 November 2008 on an iconic Taj Mehal hotel in Mumbai which was constructed by non other than the founder of the group him shelf Jamsetji Tata more than a century ago. The attack was on the one of Mumbai’s land marks and left a historic building badly damaged, it was repaired, and was in service within few months. Tata’s has shown that it is not impossible to keeping on improving performance and growing the company no matter the circumstance exists in the country of operation. They have grown in the company of present day after facing the strict colonial restriction against industries in colony. They have also showed how to grow in an unfriendly environment with government license policy which was to control the industries in the country. The name Tata is said to be in every Indian’s life is now on the path to spread its wings around the world, and aspires to become a part of everybody life around the world. References http://news.bbc.co.uk/2/hi/business/6068244.stm http://www.tata.com/htm/heritage/HeritageOption1.html http://www.crimt.org/Publications/CSSS_WP_No58.pdf How to cite Tata Group, Essay examples

Real Estate Purchase Essay Example For Students

Real Estate Purchase Essay Like so many things in life, when it comes to buying Real Estate, properpreparation is one of the keys to success. Dont want to find yourself in aneighborhood you dont like? Dont want to be making mortgage payments on ahouse in which you are uncomfortable? Dont want to waste your time falling inlove with houses you cant afford? In a word, prepare! One of your mostimportant tasks will be determining your needs. It can help to avoid either anasty disappointment or the pain of buying more house than you need (or canafford). Distinguishing needs from wants will go a long way in preventingexpensive mistakes in the house buying process. Establish some basic parametersand stick to them. When house hunting, it is easy to get swayed by the emotionof the momentand end up with more house than will be financially comfortable. Do your mortgage investigation early. Odds are strong that you will be workingwith Real Estate Agents when you buy a house. Before you go on a house search,familiarize yourself with how Agents work and most importantly, who theyrepresent. Thousands of buyers have made the huge mistake of assuming that theAgent with whom they were working represented them in the transaction, when, inreality, the Agent represented the seller. Determining Needs Want to save a lotof aggravation and possibly a great deal of money when you buy a house? Spend afew hours determining precisely what your needs are before you begin your housesearch. Examples of NEEDS Examples of WANTS ? Enough square footage forcomfortable living ? Carpeting color, paint color, exterior color, roof color,etc. ? Enough bedrooms to accommodate your family ? Pool or Jacuzzi (unlessfor medical reasons) ? Adequate number of bathrooms ? Wood floors ? Eat-inkitchen ? Bay windows ? Garage or basement for storage needs ? Built-inenterta inment center ? Lot size to accommodate childrens play area ? Brasslighting fixtures ? Adaptation for Handicapped ? Skylights ? Proximity to aspecific school ? A pretty view Gameplan If you havent already done so,investigate your housing needs and wants to determine what types of houses youshould be considering. Learn who The Players are in a Real Estatetransaction so that you will know who is responsible for what. Get yourfinancial picture in focus as soon as possible. Get a copy of your Credit Reportto see if there are problems or disrepencies that you need to deal with. Familiarize yourself with the mortgage process. Get Pre-Qualified from aMortgage Lender. Do this first. Your Agent will need your mortgagequalification, and it will significantly strengthen your offer when you find ahome. At LendingTree, you can submit a quick application, and within 2 businessdays get up to 4 offers from lenders so that you can compare terms and rates. Find an Agent that you trust. It is important to do this before you go rushingoff looking for homes or you may end up with no representation. See the AgentRepresentation section for an important discussion regarding whorepresents whom. When you find an acceptable house, write a contract. Negotiate your best deal. Make a formal loan application. Arrange for homeinspection. Arrange for closing agent or attorney. Make moving plansfor aninnovative and money-saving approach to moving, click here. Secure final loanapproval and commitment from the lending institution. Do a final walk through ofthe house. Final closing and settlement. Move to your new home and beginenjoying it!! The Players Real Estate is never bought and sold onyour own The vast majority of home buyers enlist the services of a Real EstateAgent, a Lender, a Professional Home Inspector, and a Closing Attorney or EscrowAgent. Knowing what each is responsible for will help your understanding of theprocess and eliminate confusion as you proceed. Sellers: Familiarize yourselfwith seller motivations and psychology. Real Estate Agents: An Agent may or maynot be your representative. an Agent will arrange to show you houses that areavailable through a Multiple Listing Service. Without the use of an Agent, youwill be limited only to those houses that are For Sale By Owner. The Agent willcoordinate the offer, negotiations and the contract of sale. Lenders: A broadterm that refers to the person originating the loan to familiarize yourself withthese lenders, whether they be banks, mortgage companies, or brokers. HomeInspectors: Responsible for a whole house inspection of a prospective property. Closing Attorney or Escrow Agents: Handles the details of the closing, wheneverything is finalized and the buyer takes possession of the house. Willcoordinate with the lender, title insurance company, Real Estate Agents, buyerand seller to make certain that everything is in order. Summary: Advantages ofBuying Real Estate On Your Own or With an Agent On Your Own With an Agent Youcan try to find a For Sale by Owner who is willing to sell at areduced price. A much wider choice of propertiesevery home that is listed withany Real Estate Agency. You are completely in control of the pace of theprocess. If represented by a Buyers Agent, the availability of a ComparativeMarket Analysis to see how the price of the house compares with the currentmarket. For better or worse, you are your own representative. An Agent hasexperience in negotiation. Can offer choices and suggestions in Home Inspectors,Closing Agents, etc. The Agent can follow up in all of the details related tothe Closing Lenders Wh en you speak of Real Estate Lenders, it can encompass alot of territory: Banks, Savings and Loans, Credit Unions, exclusive MortgageCompanies, Mortgage Brokers and others. Any of them may be a good source offinancing, depending on your personal situation. Banks, Savings and Loans,Credit Unions: Their primary business is Full Service banking andoffer mortgages as part of their product line. This may be your small, localbank, a large national bank, or your Credit Union. Note: Many Credit Unions donot offer mortgages. If you have a Credit Union available to you, check to seewhat their policy is. Mortgage Companies: Their primary or exclusive business isthe servicing of mortgages. Mortgage companies may be a separate entity, or theymay be a subsidiary of a large bank. Mortgage Brokers: Mortgage Brokers do notdo the actual lending, but act as a middleman between you and the lender. Theycan do the loan shopping for you, since they will represent severalormanydifferent lenders. Attorneys a nd Closing Agents One of the most importantPlayers in a Real Estate transaction is the person(s) who will bebringing everything together at the time of Closing: The Attorney, Closing (orEscrow) Agent. Although actual procedures will vary from state to state andprovince to province, some of the duties that will be assumed by the Attorney orClosing Agent will be: ? Coordination with the buyer, the seller, and the RealEstate Agents involved in the transaction. ? Preparation for transfer of thetitle or deed. Legally preparing for taking the house out of the sellers nameand putting it into the buyers name. ? Coordination with the lendinginstitution. Receiving all paperwork from the lender to be signed by the buyer. Ceremonies in The Waste Land EssayTo take some of the mystery out of the house sales contract, we will discusswhat the contract involves and the components of most Real Estate salescontracts. What: A legal description of the property as well as the streetaddress. How much: The selling price. Mortgage contingency: Subject to obtaininga mortgage (if applicable) and the specifics of the mortgageamount, rate andterm. Application to be made in X number of days. Deposit: How much moneyaccompanies the contract and who will hold it Closing: When and where. Inclusions and exclusions: What is and is not included in the sale of theproperty. Home inspection: Contingency for and to be done in X number of days. Warranties: Any that are included with the house and description of thewarranty. Condominium: If the property is a condo, other provisions will applyWell and Septic: If applicable, they must be tested (and pass). Termite and Pestinspection: Who will pay and if there is infestation or damage, who will repair. Possession Date: When the buyers take possession of the housebefore, at orafter closing. Acceptance: How long the sellers have to respond to the offerwith either acceptance or a counter-offer. Arbitration: Any provisions forarbitration of disputes. Insurance: Whose insurance covers the property up untilthe closing date. Property Disclosures: Notices of any property disclosuresconcerning the house. Inspecting After you have found a property that meets yourbudget and needs, the next step is to determine whether the physical conditionof the property will be acceptable. All Real Estate is definitely not createdequalthere is a great variance in the way individual homeowners maintain theirproperties. In addition, you need to be aware of any hidden defects that couldsubstantially affect the value of the home. The only way to safely determine thecondition of a property is to take advantage of every opportunity you have toinspect it. Closing It is the proverbial signing on the dotted line:the process of which will put the title to the house in your name, verifyhomeowners insurance on the property, commit in writing to the terms of themortgage, and usually, put the keys to the house in your hands. In general, youwill leave the closing and go to your new home as a homeowner. The weeks andmonths of anticipation are all settled in the short amount of time that youspend at the closing. What items will we need? The following are the mostimportant items that you will need prior to or at closing and some hintsregarding them: A Closing cost estimate: This should first be given to you byyour Agent at the time of the contract, and then given to you by the Lender, aGood Faith Estimate, shortly after the application for the loan. This shouldgive you a reasonably close estimate of funds you will need at the time ofclosing. Homeowners Insurance Policy: This must be secured prior to the date ofclosing. Settlement Statement: You should have a copy of the SettlementStatement before the d ate of Closing. Generally this will not be available untilone or two days prior to the actual Closing, but it is important to have itbecause it gives you the total amount of cash you will need at Closing and alsohow those various funds will be dispersed. In addition, it gives you anopportunity to iron out any discrepancies prior to sitting down at the Closingtable. Your Agent should also have a copy for review. Start asking for thesettlement statement 4 or 5 days before the scheduled closing. This will saveyou having to chase it down the night before your closing. Certified Funds: Onthe day of Closing you will need certified funds for closing costs and downpayments. This is an important reason for needing a copy of the SettlementStatement a day or two in advanceso you know the amount of funds needed and sothat any problems can be handled in advance. Insurances One of the primaryactivities at the closing or escrow is the verification of all of the insurancethat is needed or desired w hen buying Real Estate. Title Insurance: Insures thatthe title or deed to the home is good and marketable. This is only issued aftera successful title search. Title Insurance would most likely protect you, forexample, if an unknown additional seller (for example an ex-wife or husband)suddenly surfaced months or years after you took possession of the property. Homeowners Insurance: Insures the home against damage or theft. This insurancewill be structured to protect both you, as the owner, and the lender. There canbe a good deal of variation in policies. See the section on saving money onhomeowners insurance for hints on getting the most insurance for the leastamount of money. Personal Mortgage Insurance (PMI): This insurance, althoughpaid for by you, protects the lender against a loss should you default. It ispresent and required on the majority of loans that have less than a 20%downpayment. Recent changes in laws affecting PMI will make it easier to getthis insurance removed when the equity in your home reaches 20%. Do not confusePMI with mortgage life insurance, which would pay off your mortgage should youdie before it is paid off. Mortgage life insurance can be purchased through yourInsurance Agent, but is not required.