Characteristics of Modern Media Technology

Media has evolved a lot. Modern media depends on Technology to send information or gather them at a faster speed. The following are the characteristics:  

Speed: The information reaches at a faster speed.     

Reach: The information must have mass reach.  

Preventing Calamities: Modern media broadcasts 24 hours. So high technology is used to beat natural calamities.     

Constant Transmission: Technology is used for constant transmission.  

The following tools of technology is used to achieve the aforesaid targets:  

 

Use of Satellites: Satellite Technology is used to ensure constant transmission. A satellite hardly  gets affected by climatic conditions.     

Use of Video Conferencing: It is used to get live and personalized feedback without physical presence.  

Use of Television Conferencing: It is used to get audio inputs from far off places.  

Use of Internet: Internet is being relied upon for information.  

Use of high end Computer Technology: Computing and high speed processors are used for fast and able data processing.  

Use of Mobile Satellite Vans for News Coverage: Satellite vans are used for high mobility and anytime coverage.    

Use of high end Audio visual equipments: Use of high end audio visual equipments have emerged that leads to clear sound and picture. Tape recorders and high end video cameras are used by media persons to take interviews fast and transmit news ina proper and efficient manner.    

Thus these are the characteristics of Modern Media Technology that has made media more fast, accurate and improved and has made it an indispensable tool for protecting the  largest democracy of the world named India by making it more transparent and accountable to people. Hence these are the characteristics of modern media technology.  

Common Health and Safety Hazards in Factories

Just like elsewhere in the western world, In the UK as well the government has prescribed some safety regulations that have to be adhered to by any workplace. Protection against health and safety hazards may even extend to the families of people employed in hazardous occupations. In the European Union, member countries have enforced authorities to ensure that the legal basics related to occupational health and safety hazards is followed in any case.

Hazard is something that can cause harm if not controlled. A risk is the probability of the outcome which will occur if harm occurs. The outcome can be defined as the result of an uncontrolled hazard. Risk analysis is conducted to identify hazards, evaluate the risk, and identify and prioritize the required actions.

Workplace safety hazards are normally grouped into environmental hazards, environmental agents, physical agents, physical hazards, chemical agents, and biological hazards. Environmental hazards normally include asphyxiation and dehydration. Environmental agents include heat and cold stress. Physical hazards include collision, tripping, falling, and electricity. Physical agents include noise, vibration, and lighting.

Other hazards are mechanical hazards, biological hazards, and chemical agents. Depending on the type of work that is done in a factory, safety precautions have to be employed. Office workers can be affected by a flu spread by a co-worker, and a factory worker can receive serious injury because of an accident. Common health and safety hazards can be avoided by taking necessary precautions. But, even with all necessary precautions accidents do occur.

To minimize safety hazards, workers are issued safety goggles, helmets, gloves, safety shoes, and coveralls. For avoiding health hazards, a virus free and well ventilated environment is provided. Clean drinking water, clean and safe kitchen and eating areas are maintained. Some factories require medical checkups of the employees on regular basis.

There are some basic health and safety rules that all factory owners are bound to follow. There are special rules for factories that use hazardous material. These include installation of safety showers and eye wash stands. Special safety clothes may also be required by law to be provided to the employees.

The common safety and health laws that factories in the UK have to follow can be found in the local factory laws. They may differ slightly depending on the local county laws. Health laws cover providing a well ventilated, clean, and dust free environment. Safety laws require wearing of proper safety equipment as required by the type of job being performed. If it is a factory where there is a probability of falling objects striking someone, then safety helmets must be worn. If the floors are wet or slippery, proper safety shoes must be worn.

The basic rules are very general in nature as they encompass the entire business spectrum. But there are further classifications that are factory dependent. If the factory handles harmful chemicals, then the safety laws are going to be different from a factory that does packaging. One single rule cannot cover all factories’ safety and health regulations. In most cases, the rules regarding safety and health can also be quite vague.

How To Build Your Downline & Home Business Using Yahoo Groups

To get the greatest come back from your cooperation in Yahoo gatherings, you can arranged a free report about the most disturbing inquiries that your gathering individuals are experiencing and request that they look at it.

Presently this is the place it gets intriguing, you don’t simply convey a connection to the
free report that you have quite recently composed the same number of will go straight and get it.
To get whatever number individuals in your business channel as could be expected under the circumstances, you ought to make utilize
of a crush page to gather the name and email address of everybody who need

to peruse the digital book.

When they do this, they will keep on getting your follow up on that
subject. To enable you to diminish the quantity of withdraws, let your gathering
individuals know from the main email that contains the download connect what
they will be hoping to get from you as far as data to keep away from
unsavory astonishments later on. When they know you will be providing them great data a significant number of them will
remain with you and hear what you need to say in regards to that subject.
For you, that is the time you need to think of your domestic venture
administrations or items. Tell them how they will profit by utilizing your
items in the wake of building their enthusiasm with your reliable follow up messages. For best outcomes, attempt to join the greatest number of applicable gatherings as you can and add to

your gathering. Rehash this progression in no less than 10 – 20 unique gatherings with the

same topic.
On the off chance that you do this frequently, i.e. supply great data, at that point make a report
later on to get them to your rundown, development and make the deal, you will see
that you will get great number of them to either do either of these

things.

Purchase your items, join your downline, or some will do both.
In the event that you have been uninformed of this capable method for directing people to
your locally established business, it’s about time that you take a stab at something else

Finding What You Want With Your Home Business

Do you know what you truly need to accomplish for your employment?

A few people long for beginning their own business and recognize what sort of
business they need to make instantly. At that point there are whatever remains of us…
Knowing we need to have a business is just the initial phase in beginning. Large portions of us

at that point battle choosing the kind of business we might want to begin. We may mind
storm the Internet for thoughts however no thought is by all accounts what we truly need. Does this
seem like something you have experienced in any event once in your life?
Really preferring the sort of business you pick is the way to accomplishment with your home

based business wander. Make sure to pick a domestic venture that you’ll appreciate waking
up for each morning and can hardly wait to return to for a long time. Try not to pick
something which you may experience difficulty being inspired to continue doing in the

future.

Here are a couple of thoughts which can facilitate the procedure in the start of beginning your
locally situated business.
From offering ebooks on the Internet, to making cleansers available to be purchased at different claim to fame
stores or boutiques, benefits are out there to be made by recording the NEED for a
particular NICHE. You can actually look over many lucrative home

business thoughts for each kind of identity and start up costs coveted.
One straightforward sort of business to begin is a Franchise based business.
Establishments offer a strong cash making business which has as of now been
built up or worked under an approval to offer or convey an organization’s
merchandise or administrations in a specific territory.

Establishments normally are a basic pre-bundled cash making thoughts, however generally call

for extensive start up expenses. Many establishments, for example, McDonalds charge over a million
dollars to get in the entryway. With those kind of expansive start up costs, not very many individuals
have that kind of cash to begin their own organization.
When you have consented to the greater part of the establishment rules, you should take after numerous
diverse principles and controls set out by the diversified organization restricting you
from fanning out all alone.

For the individuals who need to fan out all alone, you might need to begin a

locally established business which is now a side interest you appreciate. For instance, on the off chance that you
are a wellness master, a home preparing advisor benefit could possibly be the perfect home
business for you to begin.
Maybe voyaging is your obsession and you’d jump at the chance to begin your own
locally established voyaging administration or travel office. Take something that may be a
diversion for you and transform that into an innovative locally established business. Both of the above
illustrations can be effectively keep running from the solace of your own home.
When conceptualizing new thoughts for your future domestic undertaking, keep
at the top of the priority list any effective attempt must give an item or administration that others will
really buy and continue returning for additional. Your locally established business will
be well on its approach to accomplishment by fulfilling the requirements of your objective market.

Business Plan Financial Projections: Stop Worrying About Being Right…

Business plan financial projections seem daunting because
they are so uncertain. This very uncertainty, however, is
what makes preparing them easy because you can’t possibly be
right. You can’t predict the future. None of us can. All you
can be is competent in the way you prepare your business plan
projections.Before you finalize your business plan this year, consider
these six caveats to preparing your business plan financial
projections:1. Don’t offer pull-out-of-the-air, “conservative”
guesstimates about getting some percentage of the overall
market demand or year-over-year growth.It is a mistake to assume that business investors will
appreciate your being conservative with your business plan
financial projections in the early years of your business.
Don’t think for a Wall Street minute that presenting
“conservative” business plan financial projections indicates
“realism” to prospective business investors. Business investors
invest for one reason: to earn a return on their money. How
long the money is invested influences the amount of the return
earned. Let’s say a business investor wants to triple an
investment. Well, if that investment triples in 3 years, the
return is 44%. If it triples in five years, the return is
25%. Adding just two years to the investment period nearly
halves the return! Now do you see why time is so important
to a business investor? Here are a few other examples: let’s
say a business investor wants to:Make 5 times an investment in 3 years = 71% returnMake 5 times an investment in 5 years = 38% returnMake 7 times an investment in 3 years = 91% returnMake 7 times an investment in 5 years = 48% returnMake 10 times an investment in 3 years = 115% returnMake 10 times an investment in 5 years = 59% returnSo, while you may find it attractive to figure out how to
make “just a living” until the business venture proves
itself, you now understand why business investors want sales
and earnings to grow absolutely as fast as possible, without
being deceived, in your business plan financial projections.
On the whole, business investors are risk averse only to the
extent that they don’t want to lose their money or tie it up
in a low return investment. Typically when you make the claim
that your business plan financial projections are “conservative”,
it usually just means that you have no idea how and why you’ll
achieve a certain level of sales within a certain time frame.
Interesting, these kinds of estimates, provided that you’ve
done some good thinking about market segments and overall
demand, often turn out to be too low. Remember, it’s just as
bad to underestimate your sales, as it is to overestimate
them.2. Avoid calculating costs as a straight percentage of
revenues.Sure it’s easier to do things this way, especially with
Excel and other business plan financial projection software.
Costs are real, however. You need to know what they are very
specifically. If you’ve done your homework in developing
your business plan, then you should already have this information,
or at least the basis of it. Just estimate and calculate your
costs on a product-by-product basis.With these warnings in mind, use the following steps to
develop your business plan financial projections:Think about what percentage of the overall market share your
competitors already own. Assume that they will continue
their present trends in growth. (Note: some competitors may
already be trending down and losing market share.) Temper
your market share estimates with some discussion of how your
entry into the market will affect these trends. Then,
estimate the percent of total, potential demand that remains
available to you.

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Now, based on the limitations of your operations plans,
calculate how much of this remaining available demand you
can achieve. This is a very simple calculation. Start with
your overall productive unit capacity and factor it by the
expected yield of sellable product, then multiply these unit
sales by their respective selling prices and voila, you have
the revenue numbers for your business plan financial projections.Let’s take an example.Your research indicates that 2 out of every 10 females age
23 to 55 will under go some type of non-invasive cosmetic
treatment in your area. Your research also shows that this
number is expected to grow 20% each year over the next 5
years. There are 40,000 females in your target market. You
identified four competitors in your target market. These
four competitors currently handle on average 6 procedures a
day. You plan to start a non-invasive cosmetic treatment
center that uses the most advanced technology and is thus
capable of performing an average of 7 procedures a day.
Using this data you calculate the following statistics
about your market and market potential:Total market 40,000 females x 20% = 8,000 procedures per
year4 competitors x 6 procedures x 250 days = 6,000 procedures
per yearAvailable procedures: 8,000 less 6,000 = 2,000 per yearYour productive capacity: 7 procedures a day x 250 days =
1,750 or 21.875% of the total market. The average selling
price for a procedure is $400. Thus, the revenue for the first
year in your business plan financial projection would be 1,750
procedures times $400 or $700,000.Now, let’s say you’re were projecting 2,200 procedures per
year. This would mean that you would have to alter your
operating plan to be able to perform 2,200 procedures. You
would also have to demonstrate how you would capture an
additional 200 procedures from your competitors.
Granted this is an over simplified example, but it should
give you a feel for how this process works.Regarding price, in most cases you should have a clear idea
of how to price your product or service. There are usually
other, similar products or services out on the market.
Unless your competitive advantage is a cost reduction and/or
unless price is a critical basis of competition, just
estimate the value of your improvement and add it on to the
average price currently offered in the marketplace. In order
to make this estimate, you’ll have to be talking to
potential users. Find out what they pay now. Find out how
they feel about the current price. Ask them if they’d be
willing to pay more and how much more. If you ask enough
people, you’ll get a general idea.3. Never determine price on the basis of a margin you think
is attractive.The market will pay you only for the value you deliver,
which is determined by the consumer paying the final price.
It’s easy to make the mistake of thinking that a 20%, 40% or
even a 60% margin is great. Never considering that if the
product or service you’re offering provides a real
advantage. If you do this, you may be grossly
underestimating the price you can get in the marketplace and
underestimating your business plan financial projections.
Consumers don’t think in terms of margins. They could care
less about what you ought, “reasonably”, to get for your
product. That’s why you must find out the most that they’ll
pay. This is the value of your product or service. Come up
with some reasonable basis for determining this real value.
Keep in mind the obvious: If the consumer’s value on the
final product or service is less than your cost plus a
reasonable profit to keep your business growing, you’re in
trouble. Your business model will not be sustainable and your
business plan financial projections useless.Now calculate the costs of manufacturing and distributing
your product. These costs flow directly from your revenues
estimates and operations plan. How much will it cost to
purchase what equipment and materials, hire what personnel,
engage in what selling efforts, pay what accountants and
lawyers, rent what kind of space and so forth, to achieve
the revenues you’re showing in your business plan financial
projections. You must be very specific. Project your costs
over time. Keep them tied to the units you need to sell to
achieve the revenues in your business plan financial
projections.Obviously, costs and revenues work hand in hand.4. Keep your fixed cost low.Keep in mind that none of these revenues and the cost
estimates are going to be perfectly accurate, which means
the amount of profit or cash available to pay “fixed” cost
isn’t going to be accurate either. As a result, you can lose
your shirt trying to pay for equipment, a receptionist, or
other activities that don’t contribute to the sole objective
of making sales. Wherever possible, rent space, rent time on
equipment, answer your own phones, etc. To the extent that
you keep costs variable in your business plan financial
projections, you can cut back when sales are slower than
expected. It’s the worst situation to have a big,
well-furnished office with an expensive secretary who
needs the job, when the money isn’t coming in. High fixed
costs in your business plan financial projections also send
the wrong message to investors that you know more about the
“form” of doing business than about actually making money.Now pull all your numbers together to prepare the financial
statements that summarize your business plan financial
projections. You need three basic statements: cash flow
analysis, income statements, and balance sheets. All of
these come directly from the above calculations. Your cash
flow analysis indicates when and what amounts of capital
infusion you’ll need to start and sustain your business plan.
Make your income and balance sheet projections on the
assumption that you’ll get the capital. For the first year
or two of your business plan financial projections, present
each of these statements on at least a quarterly basis.
Monthly is best. I suggest doing a 24- or 36-month projection
depending on your growth plans and changes in the industry that
you foresee. Follow these monthly or quarterly projections with
annual projections till you cover a span of 5 years.Finally, run through some “what-if” scenarios or sensitivity
analysis. Though you business plan financial projections should
be based on your best, and best-supported estimates of costs
and revenues, you know you can’t be 100% right. That’s why it’s
important to identify those elements or assumptions of your
business plan financial projections that you feel are most
uncertain. Write out the nature of the uncertainty and the range
you think the estimates will fluctuate up or down. Then change
the estimates accordingly and re-run all your statements.
Pay close attention to how your business plan financial
projections, especially cash flows, change when you change
each assumption. This will help you determine how much
“cushion” you have available and, if business isn’t going
according to plan, at what point cash will become an issue.

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5. Do not simply assume that costs and revenues may be
“off”, up or down, by some percentage.Again, I know that Excel makes it easy to do this. For all
the same reasoning as above, stay focused on the assumptions
and details that make up your business plan financial projections.
It’s the details you need to examine for their sensitivity and
their impact on the bottom line. You only need to alter those
specific items that you’re most uncertain about. If it’s revenues
that you’re worried about, is it the price, the volume, or
both that concerns you most? How big a swing in the estimate
are you worried about, in what direction and why? If it’s
your cost projections that are keeping you awake at night,
which cost elements and why? Things like rents and labor
costs can be determined fairly accurately. But maybe you’re
unsure about materials or labor availability or how
efficiently you can produce your products or provide your
services. Maybe you’ll have to pay extra to ensure their
availability. This kind of thinking forms the basis for running
“what-if” or sensitivity analysis on your business plan financial
projections.6.Do not include every possible business
plan financial projection scenario in your business plan.Both you and your investors need to know what aspects of the
business plan financial projections are most uncertain,
represent the most risk, in what direction, why, and how
they affect the bottom line. Having hundreds of alternative
scenarios to sort through is like a man with two watches
showing two different times… he never knows what time it is.
Lots of alternative business plan financial projections also
indicate that you’re not too sure about anything. This is an
impossible way to communicate with business investors, manage
your business, or make important decisions. It’s much more
effective to identify the risky areas of your plan, tell why
and how they impact the bottom line and what actions you
plan to take if they occur. This helps you and your business
investors stay focused on the high impact areas and to think
clearly about whether other factors should be considered as
well. It also lends more credibility to your talents and
increases the likelihood of your plan’s success.Finish this discussion with a summary of the critical
aspects of your plan and related contingency plans. If
you’ve followed all these steps, then you can figure out
what you’ll do if your actual performance turns out to be
different than your business plan financial projections.
Remember, you’re purpose is to demonstrate to business investors
that you’re competent; worrying about protecting their investment
and running a business, not just flying by the seat of your pants.