Tuesday, November 26, 2019
World War II in the Historical Context Essays
World War II in the Historical Context Essays World War II in the Historical Context Essay World War II in the Historical Context Essay World War II is considered by many people as the worst global confrontation since time began. The war was started by radical nationalism and individual egos; the very thing Adolf Hitler and the Japanese believed was the root of most problems in the world. The sources in the textbook had similar aggression against westernization. In the first source, Hitlers Mein Kampf detailed a concept of survival of the fittest. The jailed World War I veteran describes a racial war?with his Aryan race as the ominant, prevailing group. His belief that progress could only be made if the dominant people were put into places of power and responsibility coupled with a proposal of fighting to live. Hitlers strong sense of nationalism and self/Germany- entitlement evoked a passionate following which later led him to German leadership. His specific declaration of Jewish people as the main ailment of the world leads to the greatest genocide in history. The Japanese were another instigator of World War II as they too developed an aggressive form of nationalism among their people. In the source, Kokutai No Hongi, the Japanese narrate a loss of morality through westernization. The publishing calls for a return to loyalty and morality; by this, they mean the devotion to a Master (Emperor) and Subjects (people). They also detail a history of valuing warriors. Those very ideologies very likely segued to a violent ostility towards anything and anyone western. In short, People who might find these drastic writings attractive would be anyone who has a strong sense of nationalism?even racial prejudice. It could be long-standing tradition or upbringing that fueled many people who felt their native culture and land have been corroded and invaded by others. The easiest answer is to blame it on someone else, especially if they are physically different.
Saturday, November 23, 2019
The PSAT Score Range (Updated for New 2015 PSAT)
The PSAT Score Range (Updated for New 2015 PSAT) SAT / ACT Prep Online Guides and Tips College Board is mixing things up. With the new suite of assessments starting to roll out this fall, the new PSAT is one of the first tests to debut. Apart from changes in content and structure, the new PSAT will use a different scoring system than the one used in previous years. This new scale will correspond with, though not match exactly, the scale for the new SAT. This article will go over the new PSAT score range, along with explaining what your PSAT scores will mean for National Merit and your performance on the SAT. Let's check out the new scoring system. What's the New PSAT Score Range? Gone is the old PSAT score range of 60 to 240. The new PSAT will be scored on a scale from 320 to 1520. Math will actually count for one half of this composite score, and the Reading and Writing (which will be called Writing and Language) sections will count for the other half together.You'll get subscores for Math, Reading, and Writing and Language between 8 and 38. Then Reading and Writing will be considered together, and Math will make up for the other half. To get your Math scaled score, you simply multiply your section score by 20. A score of 30 on math, for instance, would convert to a scaled score of 600 (30 x 20 = 600). To get your Reading and Writing score, which again are combined, you add each section score and multiply by 10. Let's say you get a 32 on Reading and a 35 on Writing. Your scaled score would come out to 670 (e.g., (32 + 35) * 10 = 670). Here's another example, where the student scored a 28 on Reading, 32 on Writing, and 34 on Math. Test Test Score Section Score Total Score Reading 28 (28 + 32) * 10 = 600 600 + 680 = 1280 Writing and Language 32 Math 34 34 * 20 = 680 For each section, you could get a minimum scaled score of 160 and a maximum of 760. Your PSAT score report will further break down your performance by question type so you have a detailed sense of how you did. The verbal sections will show additional scoring between 1 and 15. Another major change is that the new PSAT will have rights-only scoring. You won't get any point deductions for wrong answers. Instead, your raw score will be added up one point at a time for each correct answer. Why Do PSAT Scores Matter? Your PSAT scores are important for a few reasons. One, as a measure of your college readiness, they give you a sense of your academic strengths and weaknesses and the skills you need to focus on to get ready for college. In a more immediate sense, they help predict how you'll do on the very important SAT. The new SAT will be scored between 800 and 1600. The PSAT scale is shifted slightly lower to account for the fact that it's a slightly easier test than the SAT. While a 1520 on the PSAT doesn't necessarily equate to a 1600 on the SAT, it still suggests you'll get a very strong score. If you're scoring lower than you'd like, you can use your score report to figure out how to prep to improve on the SAT. Apart from helping you predict and get ready for the SAT, your PSAT score is important for National Merit distinction and scholarships. Since National Merit looks at scorers in top percentiles, it's important to know your percentiles, along with your scores. Your percentiles compare you to other students who took the PSAT, so you can know how competitive your scores are. You'll actually get a few different percentile measures on your score reports, which I'll explain below. How Do PSAT Score Percentiles Work? Your scores will be assigned a percentile, which compares them to the scores of other test-takers. If you score in the 75th percentile, for instance, then you scored the same as or higher than 75% of other test-takers. The other 25% scored higher than you. You'll actually see three types of percentiles, the Nationally Representative Sample percentile, the User percentile, and the National Merit Scholarship Corporation percentile. The first compares all the other U.S. students in your grade, while the second compares a sample derived from a research study. The National Merit Scholarship Corporation (NMSC) percentile is the important one for National Merit. NMSC uses its own percentile to compare students by state who participated in the same PSAT administration.Read more about National Merit here. Preparing for the PSAT As you can see in the chart above, scoring in the top 1% requires a high score with very few wrong answers in each section. The highest scorers on the PSAT usually take months to a year or more before the test to study with official PSAT practice tests and questions. Older PSAT practice tests are also very helpful, as are practice tests for the new SAT, since the two tests will be very similar. You can use these practice tests to figure out what subjects and question types you need to study most, as well as to time yourself and practice answering questions quickly and efficiently under time limits. One of the best ways to learn and improve is to write down any mistakes or questions you're unsure about. Then take the time to thoroughly review the answer explanations, and drill the same concepts with similar practice questions. That way you can break patterns and answer the same question types correctly the next time. Some students also choose to take the PSAT earlier, like in 9th or 10th grade to gain valuable test-taking experience. Additionally, College Board now offers the PSAT 8/9 and the PSAT 10 for eighth graders, freshmen, and sophomores to gain experience with these tests. Finally, once you do take the PSAT, make sure to check your scores right away. Then you can see if you made it into the top 1% and need to start on your National Merit application. Either way, you can learn what you need to study to further improve your scores on the SAT. What's Next? Are you a sophomore wondering if you should take the PSAT 10 or the PSAT NMSQT? Read all about the differences and how to decide here. If you are taking the PSAT NMSQT as a sophomore, check out what makes a good score for sophomores here. When are you planning to start studying for the SAT? This article helps you figure out your study schedule, as well as gives suggestions for how many hours you need to prep to see certain score improvements. Want to improve your SAT score by 240 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:
Thursday, November 21, 2019
IAS2 Inventories Essay Example | Topics and Well Written Essays - 1250 words
IAS2 Inventories - Essay Example The main objective of IASB for IAS2 was to reduce the alternatives in the measurement of inventories. The revised IAS2 does not allow the consideration of the exchange differences, arising from the purchase of inventories that are invoiced in the overseas currency, to be treated as a part of inventories purchase cost (Malaysian Accounting Standards Board, n.d.). As per IAS2 the inventories are measured at cost or realizable value whichever is lower, based on every item. The inventory costs is the sum total of the purchase cost like cost price, import duties, handling as well as transportation costs; after the adjustments of rebates and trade discounts, conversion costs and other costs that are incurred for transporting the inventories to the current location and form. But this excludes the storage costs, costs relating to abnormal wastage; and selling and administration. Inventories costs can be approximated using the standard cost method or retail inventory method. The cost of inventories relating to items that are usually interchangeable and also goods or services that are produced and set aside for other projects can be assigned costs on the basis of specific identification. The inventories are valued using the first-in-first-out (FIFO) method or the weighted average method. In FIFO the items in the inventory are measured on the basis of recent purchase. Net realizable value is the amount that the business expects to receive from the inventory sale in the due course of the business. In the Balance Sheet an entity reports the lower of the net realizable value and cost as an asset. This is shown below- After the sale of inventories, the carrying amount of the related inventories is recognized as expenditure in the statement of income in the time period when the revenue from it is recognized. In the event of a fall in the net realizable
Tuesday, November 19, 2019
Enterprise Architecture Assignment Example | Topics and Well Written Essays - 250 words
Enterprise Architecture - Assignment Example n EA needs to be modified in order to react to opportunities in an agile way since EA ensure quick translation of strategic decision on both tactical and operational levels (EAI2N, Bernus, Doumeingts, Fox & IFIP World Computer Congress, 2010). EA frameworks offer a detailed description of the prevailing and future architecture and enable articulation of relations in discussion with executives, support staff and other EA stakeholders because each area in EA framework signifies a functional area within an enterprise (Bernard, 2012). In business, benefits of maintaining an EA include supporting the corporate governance through offering insight of the entire value chain and reflect reality of an acknowledged and organized extent (Land, 2009). Moreover, maintaining enterprise architecture offers an organization a competitive edge and shows the way the various components of the system fit together in effectively utilizing the enterprise systems and resources (Giachetti, 2010). The use of cloud computing in businesses is highly attractive because of its reduced operating costs, agility in service development and its ability to allow scalability. However, for an organization to achieve full functionality in cloud computing, enterprise applications need to be developed in a manner that is suitable for distributed environments using the correct EA (Raj, 2012). EAI2N 2010, Bernus, P., Doumeingts, G., Fox, M., & IFIP World Computer Congress. (2010).Ã Enterprise architecture, integration and interoperability: IFIP TC 5 International Conference, EAI2N 2010, held as part of WCC 2010, Brisbane, Australia, September 20-23, 2010 proceedings. Berlin:
Sunday, November 17, 2019
The New Testament Essay Example for Free
The New Testament Essay The Book of Matthew is the first book of the New Testament, traditionally attributed to Saint Matthew. The purpose of the book was to show that Jesus was the Jewish Messiah, or deliverer, but that his ministry was spiritual and not political. Most Biblical scholars believe that Matthew was derived from the Gospel of Mark and a now- lost book of the sayings of Jesus. The Introduction (1:1-4:16) gives the genealogy of Jesus and tells of his birth, infancy, and preparation. The second division (4: 17-16:28) includes the Sermon on the Mount and deals mainly with the public ministry of Jesus. The third division (17: 1-20:34) deals mainly with Jesusââ¬â¢ private ministry with his disciples and stresses the requirements of true discipleship. The fourth division (21: 1-25:46) tells of the entry into Jerusalem and the events of the last week of Jesus. The final division (26:1-28:20) tells of the last evening with the disciples, the Crucifixion of Jesus, and His Resurrection. Mark The Gospel of Mark is the second book of the New Testament. The book, shortest of the four Gospels, was probably written by Saint Mark himself. Most scholars believe it was the first Gospel to be written and was the basis for both Matthew and Luke. According to Papias, a second- century bishop, the author of Mark drew largely from the reminiscence of Peter, but it is now assumed that he used other sources as well, both written and oral. He probably wrote in Rome, about 67 A. D. Many scholars believe that Peterââ¬â¢s death, presumedly in 64 A. D. , motivated Mark to record what had been told by Peter. The Gospel of Mark was written in colloquial Greek, in a vigorous, dramatic style. It presents Jesus Christ as a man of action and power who performed miracle and other mighty deeds, a human being and yet the Son of God. Mark says nothing about the birth and boyhood of Jesus. The Gospel has three divisions. The first (1:1-8:26) begins with the preaching of John the Baptist and his Baptism of Jesus, reports many parables and miracles, and tells of conflicts with the religious leaders. The second section (8:27- 10:45) stresses the coming crucifixion. The third section (10: 46- 16:8) tells of the final week in Jerusalem and relates the story of the Crucifixion of Jesus and His Resurrection. Many scholars believe that the end of the Gospel (16: 9-20) was not a part of the original writing, since these verses are not found in some early manuscripts. Luke The Gospel of Luke is the third book of the New Testament. The Gospel of Luke is generally attributed to Saint Luke. This book, which has been called the most beautiful ever written, tells of the life and ministry of Jesus Christ. Luke records the famous birth story, which ends with the adoration of the shepherds. The Gospel according to Saint Luke presents the teachings of Jesus as a message of universal salvation for all men everywhere. Luke has a strong humanitarian emphasis and shows a deep sympathy for the poor and weak. The Gospel stresses the importance of prayer and the power of the Holy Spirit. Many scholars believe that the Gospel of Luke is derived from the Gospel of Mark and a lost source of the sayings of Jesus. John The Gospel of John is the fourth book of the New Testament. Traditionally this book I attributed to John the Apostle. As a gospel the books tells the ââ¬Å"good newsâ⬠of the teachings and life of Jesus Christ. The Gospel of John is more a spiritual book and less a biography than the other gospels. Its purpose is to promote belief and faith in Jesus. It emphasizes the divinity of Jesus and deals with many theological issues. According to tradition, the books was written about 90- 100 A. D. in Ephesus by John the Apostle. Acts The book of Act was written by Saint Luke. The date of the writing is uncertain, but most scholars favor the period 8-90 A. D. At the beginning of the book the author states his purpose and that is to explain to Theophilus, and to the world, how Christianity arose and began its sweep across the earth. By this time Christianity appeared to be on the way to becoming a world religion, and some account of its beginning was needed so that it might appeal to cultured and learned people. It talks about the Day of Pentecost, empowered by the Holy Spirit; the apostles take the Good News of Jesus Christ throughout the Mediterranean world. The title is misleading, for Acts is not a record of all the original disciples of Jesus. The book gives the early history of Christianity from Christââ¬â¢s ascension outside Jerusalem to Paulââ¬â¢s visit in Rome. Chapters 1-12 stress the work of Peter in Judea and nearby lands, mainly among Jews. Chapters 13- 28 tell of the far- ranging missionary preaching of Paul, mainly to gentiles. Romans Epistle to the Romans is a letter of Saint Paul and a book of the New Testament. Romans, is the longest of Paulââ¬â¢s letters, has been called ââ¬Å"the first great work of Christian theology. â⬠Summarizing his doctrine in 1: 16-17, Paul wrote that the Gospel of Christ is the ââ¬Å"power of God unto salvation to everyone that believeth,â⬠and ââ¬Å"the just shall live by faith. â⬠Men, he said, are justified by their belief in Jesus Christ. By believing in Him men find salvation, gain freedom from sin, and have a new life in the Holy Spirit. Paul wrote the letter to the Christian community in Rome about 58 A. D. He hoped to visit Rome, and apparently wrote the letter to prepare the way for his visit. Writing to a group composed of both Jews and Gentiles, Paul presented Christianity as a faith for all.
Thursday, November 14, 2019
suzuki 750 :: essays research papers
SUZUKI GSXR 750 à à à à à à à à à à There it was the street machine. The Suzuki GSXR 750 staring back at me as I was in disbelief. Palms sweaty, jaw heavy as my mouth watered. The bike was immaculate and shining like a multi million dollar diamond ring. The lighting in the showroom brought out its true beauty. The GSXR is a superb machine that is bound to get noticed with 125 rear wheel horsepower and dry weight of 365 pounds. You couldnââ¬â¢t ask for anymore in a bike. It also has inline four cylinder dual over head cams and 16 valves pumping out 127 rear wheel horsepower. Pound for pound it was the best bike in the world with the most ruthlessly efficient balance of power. The sleek, aggressive Japanese engineering made the bike look ridiculous. The superman shaped headlight was one of a kind. Located on each side of the headlight were the flaring ram air nostrils making it look like a hungry bike. It has a color scheme of red, white, and blue and it looked like the American flag blowing in the wind. The only thing left was one last signature. All of the sudden the feeling of completion hit me like a sack of nickels and tunnel vision. Finally the transaction was done, all I had to do was to hop on and hang on tight. My adrenaline was pumping as I started the bike. The rumbling between my legs, I couldnââ¬â¢t take it anymore I had to go. A couple lefts and rights out of the parking lot and I was sitting at the intersection. Waiting for the light to turn green I was nervous and excited at the same time. I began to sweat, not because of the hot weather, but the pure fact that the beast was screaming for throttle. I hit the road and took it easy for a bit because this bike had the capability of taking my life. All my thoughts of death faded as a Mr. Ed smile ran across my face. I felt invincible as all my stress of reality and everyday life went away. It made me feel free with my mind going into overdrive with not a care in the world. I started getting comfortable so gradually giving the bike more gas. With half throttle I was already at 90 miles per hour. I hit a straight away and hammered on the gas.
Tuesday, November 12, 2019
Project Management Essay
Scope of Project Since the project involves mega budget the evaluation and study of scope is necessary, to find if the country is prepared for such mega budget projects or not. In spite of having most of the odds against and the greaterà challenge in front of owners, it is commendable the outcome they produced. The first Formula 1racing was grand success in India; it also saw the attendance of viewers more than 100,000. The world class quality produced in short span of time was commendable. After the grand success of first two editions of Indian Grand Prix this project has silenced the critics to an extent. The Indian GP boosted the economy, as it saw major boost in hotel industry. The hotel charges in Delhi and NOIDA were increased by 50% to 80% during the event. Travel and transportation services also made merry, while there was huge consumption increase for food and beverages. The formula 1 motor sport is huge money spinner and it is expected to bring more money in future. The assumption for revenues from F1ââ¬â¢s commercial rights will reach $3.3bn in 2016, according to a report by Formula Money with sponsorship in 2011 returning fast. The research, based on data contained in the new edition of the annual Formula Money report, predicts that revenues for the sportââ¬â¢s commercial rights holder, the Formula One Group, will rise at a rate of 12.7 percent a year reaching $3,253m in five yearsââ¬â¢ time. Buddh International Circuit project was questioned as it was build keeping in the mind of Formula 1 Racing where Indian presentation is very less. There is only one Indian Team Force India co-owned by Dr. Vijay Malya that too has all foreign drivers. The only Indian driver who features in Formula 1 race is Narain Karthikeyan who drives for HRT. Seeing the response of first two F1 races experts are very much hope full about the success of such projects. Motor sport will develop in India; however, it will take time, Dr. Malya in an exclusive interview quoted ââ¬Å"F1is not short term project, he gave example of champion team Red bull and the progress they made in 7 years.â⬠The other countries like Malaysia and China have already ventured into Formula 1 race business. Most of the countries see it as investment to boost their tourism sector more than the sporting activity and indeed it does help in generating revenue in foreign currency as sport is having global presence and fans and followers in large numbers who travel across the globe for the love of sport. Economic Activity The project started with a mega budget of $400 million dollar. It had a great impact upon the economy. It brought India on the map of global motor sport, which is considered to be the biggest money spinning sport in the worldà according to study conducted, the popularity of the sport can be measured by the fact that it had television viewers of 527 million Formula One world championship. Formula Ones economic effects and creation of jobs are significant, and its financial and political battles are widely reported. Its high profile and popularity make it a merchandising environment, which results in great investments from sponsors and budgets in the hundreds of millions for the constructors. Critics may question this project as the cost of the project is very high the track alone cost around $120 million and the operational cost of the circuit is $15 million to $20 million. Apart from the huge investment that Budhh International project has incurred, it is delivering rich dividends. The huge success of inaugural Indian Grand Prix which was full house already indicated the future of such projects in India. It has helped India gaining revenue from foreign countries. It will also give India exposure to high technology. The Site Buddh International Circuit is located in Greater Noida in the outskirts of Delhi. Greater Noida falls within the National Capital Region of Indiaââ¬Å¸s capital ââ¬â New Delhi and is adjacent to Noida, one of the largest industrial townships in Asia. It is located 40 kilometers (25 mi) to the south-east of New Delhi and 20 kilometers (12 mi) south-east of Noida. The Government of Uttar Pradesh then decided to incorporate the city of Greater Noida, as an extension to Noida, but with better planning, incorporating the lessons learned from the Noida development. The place is a perfect location for Budhh International Circuit as it takes only about 2.5 hours of road travel from Delhi making it easier even for fans of formula 1 coming for outside of the country for the love sport. Connecting the city to Agra is Yamuna Express way six lane express way which was formerly known as Taj Expressway. The circuit is part of the 2,500 acres (10 km2) Jaypee Greens Sports City, Greens Sports City home which also includes a 100,000 seat cricket stadium, 18-hole golf course, 25,000 seat field hockey stadium and a sports academy have been planned. The sports complex is expected to cost 40 billion ($820 million) and generate $170m of revenue annually, and employ 10,000 people. Infrastructural Development The projects like BIC boost infrastructural development in the area. It has encouraged the urbanization of the area. It is sign of fast developmental growth of the area. With infrastructure giant like Jaypee Group entering in the area, they can take the development to whole new level. The Jaypee Group is a conglomerate based in Noida, India. It was founded by Jaiprakash Gaur which is involved in well diversified infrastructure conglomerate with business interests in Engineering & Construction, Power, Cement, Real Estate and Hospitality. The project BIC has improved the interest of the people in considering Greater Noida as residential place. The other industries have also acknowledged the development in the area and now they are seeking this as an opportunity to grow their business and moving their business to the town. Such Mega projects not only require big budgets, they also required enhanced technology in order to finis the project on time. The Mega projects like BIC can not be accomplished without the use of high technology in other words; these projects also introduced high technologies to this area in order to boos the urbanization at fast pace. The urbanization of the area is helping in improving the quality of life of the people living in the area as they get to enjoy world class facility. The service level and quality of various important services such as hospitals and educational institutes has improved to great deal. The urbanization always attracts investment from company which will mean consumer will have more option and better quality of service. Trade and Tourisms The Buddh circuit has been built as a flagship development for a bigger project: a new town with a population of several hundred thousand, which will have malls, sports and education facilities, and will sit astride a new motorway linking it to Delhi, 32km away, and Agra, 190km away. The Buddh International circuit has brought, boost to the tourism and trade both as it has increased the number of foreign visitors who come follow the Formula 1 race. The world class architecture and the facilities available at the circuit give fans run for their money. The hospitality sector has gained a lot from the projects like Budhh International Circuit. Because of theà number of event this circuit is hosting, they getting increase numbers of foreign visitors. Hospitality sector will improve their status, as the auto-racing events might bring in great effects of tourism into the country. It promotes the country not only as one of the tourist attraction but will also attract sport lovers from all over the world. Hotel industry is expecting growth in their business as the people who come to watch events like Formula One try to find accommodation in near by location. It is also generating business opportunities for other sectors related to travel and transportation. The teams carry their own machines and equipments while venturing in such competitions which require good and fast moving transportation facilities. Hotel and the hospitality industry will benefit greatly from Formula One Entertainment as they would provide accommodation and food for their staff. The number of visitors expected to increase as the BIC is all set to stage Superbike World Championship (WSBK) in 2013. Increase number of events will definitely boost the foreign currency inflow to the country and will help to build and promote Indian tourism Industry. Environmental Effects Despite all the benefits from the BIC, there are several undeniable impacts it has on the environment. The new development will mean more pollution issues. The population are concerned that their health will be jeopardized by there recent increase of development. The motorsport adds to air and noise pollution as the roaring sound of the engine creates noise pollution, as result you may find most of the people watching formula 1 race in circuit wearing ear plugs. And this is a life threatening sport as cars run at alarming speed at which accident can easily take place jeopardizing the life or car drivers and others. Cultural Effects The development projects like BIC have changed the environment from agriculture base to new developed town. The state government has taken land from framers for this Mega project, which is a part bigger infrastructural development in this part of the state. The development has produced both employment and unemployment. Even though there are a lot of job opportunities since so much of development has happened, people facingà challenge as they have re-skill themselves. Developments in area, which once lack of modern facilities has offered more schools for the childrenââ¬Å¸s education, better hospital facilities, and more job opportunities. With the area getting international exposure more and more companies willing to invest in land here. Real estate business in the area has really picked up the pace as the rate of the land moving up high, creating business opportunities, as more and more people willing to invest in land here. Most of the Formula 1 fans are from western countries and the Indian will get too much exposure from the western cultures and values. This does not imply that the western cultures and values are negative but rather does not fit into the way of life of the Indian cultures. This might created what is called the generation gap between the younger generations and the older generations as the younger generations are influenced by western cultures while the older generations are by the traditional Indian cultures. The Controversy The disparity between headline-grabbing projects such as the Buddh circuit and the poverty that surrounds them has been well documented. But the myriad conflicts generated by the transformation of India are heard about less often. The track has been greeted with fanfare in journalist and sporting circles, and with legislation and protests elsewhere. Public-interest litigation was filed against the government of Uttar Pradesh, the state where the complex is located, and the Jaypee Group. The PIL claimed that because Formula One is an elitist sport, the state government has no right to exempt Jaypee from paying entertainment taxes, alleging that the exemption was granted only because the company is ââ¬Å"very close to the political leadership.â⬠In order to construct the circuit, the lands of some three hundred farmers were purchased by the state government. However, in August 2011 ââ¬â three months before the inaugural race ââ¬â the farmers in question expressed dissatis faction with the project and threatened to dismantle the circuit ââ¬Å"with force if necessaryâ⬠, demanding more money and stating that they felt the land should have been zoned for industrial estates to generate more employment in the area. Meanwhile, farmers on whose land the circuit now stands continue to protest. The land was bought by the state government in 2007 for the development of roads and industry.à Farmers complained they had not received the compensation or jobs they were promised. Bhatta-Parsaul made headlines in the summer when police attacked farmers who had been protesting about the compulsory purchase of their lands by the government of Uttar Pradesh. Allegations of police brutality and violence provoked by land disputes are commonplace. This is particularly true on the outskirts of cities where exploding populations, growing wealth and rampant property speculation combine with repressive colonial-era laws and corrupt officials. Objective The objective of the study is to evaluate the project and check the feasibility of such mega budget project and to see if India the country which is still going through economical reforms and the county which having high ââ¬Å¾Power Distance Indexââ¬â¢ is ready for such mega budget projects. The study focuses upon the scope that project such as Buddh International Circuit carries. It takes upon the Formula 1 motor sports, potential for generating revenue and its scope in India. It also takes on its impact of economy and revenue generation. The number of business and employment opportunity it provides. Also take on its impact on the tourism industry in India and other sub industry in India. Bearing the fact in min it provides excellent international exposure for India as the sports is banking upon huge media coverage. It is having such a large viewership which only considered second to Olympic. Formula One can be seen live or tape delayed in almost every country and territory arou nd the world and attracts one of the largest global television audiences. The 2008 season attracted a global audience of 600 million people per race. According to the reports year 2011 saw global viewers 515 million. The precise figures for year 2012 are not available. However, there seems to be decline in the number of viewers for year 2012. The study also takes a look at the Indian representation at Formula 1. The only Indian Formula 1 driver Narain Karthikeyan who drives for HRT in an interview said it is very difficult to break in to Formula 1 circuit. However, the future of this sport is bright in India as, people in India have more knowledge about the sport unlike China where it is limited to Shanghai only. The Indian Team Force India performed well in the both the edition of the Indian Grand Prix. However, the performance was better inà the inaugural Grand Prix. The study also focuses upon the F1ââ¬Å¸s impact on culture, environment and controversy related to the BIC project, the controversy which created political issues in the territory. 6. Analysis On the analysis of the sport we can find that Formula 1 is money draining spots, it requires large budget as an average formula one car can easily cost around $100 million dollar. On the contrary it has huge fan following, the sport is one the richest and one the viewed sports of the televisions, having viewership in hundreds of millions, making it big money spinning sport. According to sources the revenue generated by F1 from commercial right in year 2010 was an astonishing amount of $1.587 billion, which is expected to grow further in future. The sport promises to be the huge money spinner. The analysis of the BIC infrastructure and the world class facility it contains, one can say this is a worth project. BIC has successfully hosted the Indian Grand Prix twice and received and accolade from international fraternity. The CEO of F1 Mr. Bernie Ecclestone has already acknowledged BIC as one the best racing circuits of the world. The investment and operational cost analysis of BIC proj ects shows that it requires mega budget and the operational cost of the circuit is also very high which is almost around $15 million to $20million per year. The state of art and world class facility of this circuit makes it suitable for events, which are very necessary for preventing it from becoming white elephant. The circuit is also about to host World Superbike Series. The analysis of impacts of BIC it has some positive and some negative impact. It has really boosted the infrastructural development in the area. The events like F1 race giving India Global exposure and thereby giving Indian tourism and hospitality industry a chance to grow further. The Formula 1fans follow this sport from across the globe and most of them are wealthy and ready spend for luxuries. In that way project BIC has opened gate for foreign currency inflow. The projects also have some negative impact also it started on the land bought from farmers, which created controversy later and became big political issue, apart from this the owner group also came under scanner for tax exemption. This project was also seen as threat to environment as it causes both air and noise pollution. BIC has been successful in hosting twoà of the mega event it has also given India a great recognition on the global world motor sport map. It is also creating employment and business opportunities.
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