Nayar of India Research Paper Example | Topics and Well Written Essays - 1750 words

Nayar of India - Research Paper Example sibly the most significant component of the Nayar people group is their matrilineal method of connection, which is incredibly one of a kind and has been an all around focused purpose of conversation for some acclaimed essayists and writers for quite a long time. Thirdly, this paper endeavors to take a gander at the sex relations and value. Because of the matrilineal method of connection, and the presence of Taravads (joint family framework ruled by ladies), the legacy of property and family relationship is very enhanced and indicating that Nayar men tend to help their sisters’ youngsters than their wives’ kids and Nayar ladies have separate habitation to their spouses as the men typically live with their moms or sisters. This component of ladies progressivism and autonomy has made the Nayar ladies more grounded monetarily than some other rank in India. In conclusion, the paper finishes up by through light on all the perspectives and highlights of Nayar people group when all is said in done. Nayar rank is probably the greatest position in the southern piece of India improved with a different history and culture. It isn't only a religion, a conviction or name of a network however an amalgamation of various societies and convictions. All inclusive recognized because of their exceptional matrilineal method of connection, the Nayars are regularly known as pride of southern India. They are now and again mixed up as Kashatriyas, which is because of the Nayar ladies identified with the Kashatriya men and bore their kids and thus gained this status yet at first they were not part of the Kashatriyas. As this is delightfully clarified by V. Balakrishnan (1982) as: ‘In the pre-British period, Nairs were answerable for looking after request. In the organization of the land likewise, they had a conspicuous spot. The matrilineal arrangement of legacy assisted with keeping the place where there is the family unblemished. Likewise, marriage of the womenfolk of the family to lords, neighborhood Kashatriyas and ground-breaking Nambudiris non-Malayali Brahmins, expanded their power’. In spite of the fact that complicatedly identified with Aryans and Malayalams due

Global companies, global integrity Essay Example | Topics and Well Written Essays - 250 words

Worldwide organizations, worldwide respectability - Essay Example LRN, a think-tank outfitted at creating societies through instruction and the board arrangements, examines in an article the important combination of worldwide standards as rehearsed by the organization and the neighborhood strategies as relevant to each branch toward the advancement of the organization. From the earliest starting point, an organization who wishes or is as of now wandering into the world market must deliver a set of principles that will oversee its representatives and the manner in which it conducts business. This must be embraced and moved into the worldwide developments in consistence with the neighborhood laws and customs to make a durable moral standard for everybody. The difference in the appraisal of the perfomoance of central station beating its worldwide partners must be tended to. Nearby directors assume a significant job in comprehending this issue and instruction is the key (LRN, pp. 2-4). As a result, the organization, guided by these standards as set by its base camp makes the requirement for what could some way or another be portrayed as a network in the worldwide scene unmistakably conspicuous as its own. It turns into a microcosm of the standards and objectives of the organization amplified in every one of its areas. Be that as it may, this must even now be in passive consent with nearby laws including its own disadvantages managed. Morals is a principal part of any business activity as our time recommends and this is well inside the limits of the need for corporate social

History of the Visual Cliff in Psychology

History of the Visual Cliff in Psychology Theories Developmental Psychology Print How the Visual Cliff Tested Babies Depth Perception By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Updated on January 21, 2020 Barbara Peacock / The Image Bank / Getty Images More in Theories Developmental Psychology Behavioral Psychology Cognitive Psychology Personality Psychology Social Psychology Biological Psychology Psychosocial Psychology A visual cliff involves an apparent, but not actual drop from one surface to another, originally created to test babies depth perception. Its created by connecting a transparent glass surface to an opaque patterned surface. The floor below has the same pattern as the opaque surface. This apparatus creates the visual illusion of a cliff while protecting the subject from injury. History of the Visual Cliff In order to investigate depth perception, psychologists E.J. Gibson and R.D. Walk developed the visual cliff test to use with human infants and animals.?? Earlier research had revealed that infants will respond to various depth cues even before they are able to crawl. Depth cues allow people to detect depth in a visual scene. These can include both monocular cues such as relative size and overlap, or binocular cues such as retinal disparity. Gibson and Walk were interested in whether or not an infants ability to perceive depth is a learned behavior or if it was, as they suspected, innate. Gibson and Walk described their visual cliff apparatus as a large sheet of heavy Plexiglass supported a foot or more off the floor. Early versions of the experiments involved animal subjects such as turtles, goats, rats, lambs, kittens, dogs, pigs, and monkeys.?? On one side of the glass, a high-contrast patterned fabric is pressed up against the underside to make the glass appear solid. The same material is laid on the floor below the glass, creating the visual illusion of a cliff. This allowed researchers to test infant perception while still ensuring the safety of their young subjects. Visual Cliff Infant Test In the test, a child is placed on one end of the platform and the caregiver stands on the other side of the clear surface.?? The assumption was that if a child had developed depth perception, he or she would be able to perceive the visual cliff and would be reluctant or refuse to crawl to the caregiver. It was also assumed that infants who still lacked depth perception would crawl happily to their caregivers without even noticing the apparent drop. Gibson and walk concluded that the ability to perceive depth emerges sometime around the age that an infant begins to crawl. The fear of heights, they suggested, is something learned later in infancy as gain experience with bumps, scrapes, and falls. Understanding the Visual Cliff Initially, psychologists believed that the perception of the visual cliff was a matter of physical and visual maturity. Babies could see the difference by the age of eight months, while younger infants with less developed depth perception could not see the cliff. Because six-month-old children could be enticed to wiggle across the visual edge, while 10-month-old children refused to cross the threshold, it was assumed that the younger children had not yet developed depth perception while the older children had.?? Later research, however, has demonstrated that children as young as three months are able to perceive the visual cliff. When placed over the apparent edge, their heart rates quicken, eyes widen, and breathing rates increase. So if these infants can perceive the visual cliff, why would they be willing to crawl off what appears to be a straight drop down? The issue is that children of this age do not yet fully realize that the consequence of going over this visual cliff is potentially falling. This realization only comes later when the child begins to crawl and gains real experience with taking tumbles. The assumption has long been that avoidance of the visual cliff was related to a fear of heights, but recent research suggests that infants avoid the drop-off because they sense that they lack the physical skills to make the descent possible.??

Online Business Management Degree Discover a Career in Organizational Change Management Consulting 2019

In recent years, management consulting has become a popular tool among companies around the world. Growing profits of management consulting companies have risen over the past decades. BBC News reported that Anderson Consulting watched profits soar from $1 billion in 1989 to $6 billion in 1997. McKinsey and Company expanded from its original U.S. market in 1926 to 74 branches in 38 countries by 1997. The increasing complexity of business has driven a demand for professionals with expertise in specific areas of management. As a result, professionals with an online business management degree are seeing opportunities in areas such as organizational change management. What is an Organizational Change Management Consultant? Online business management degree graduates who choose to specialize as organizational change management consultants are called in by organizations facing a significant change. Examples of organizational change include company mergers and acquisitions, downsizing, and changes in leadership. Jobs business management degree graduates obtain as organizational change management consultants involve meeting with company executives to understand the upcoming change and designing a plan that provides the company with a smooth transition. Recommendations vary according to the type of change being confronted and the particular industry involved. .ua772987adf0eee2bfebc75902102f50a { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .ua772987adf0eee2bfebc75902102f50a:active, .ua772987adf0eee2bfebc75902102f50a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .ua772987adf0eee2bfebc75902102f50a { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .ua772987adf0eee2bfebc75902102f50a .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .ua772987adf0eee2bfebc75902102f50a .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .ua772987adf0eee2bfebc75902102f50a:hover .postTitle { text-decoration: underline!important; } READ Acquiring a Health Care Degree on the InternetRequired Education to Become an Organizational Change Management Consultant: Online Business Management Degree There is no specific educational path towards becoming an organizational change management consultant. However, organizational change management consultants must have expert knowledge in management and organizational change in order to deliver effective service to their clients. A degree in business management can provide essential training in subjects such as organizational culture and management techniques. Schools, such as Kaplan University, provide online business management degree programs that are specifically designed for working professionals. Completing a bachelor degree management online program equips students with critical thinking skills and provides a marketable credential for future consulting endeavors. Prospective students who are interested in learning more about organizational change management and online business management degree programs may visit College-Pages.com, a leading education and career resource website. Students will find an extensive list of available online degree in business management programs as well as informative articles for making education and career decisions. .u210087b52945bdd8734b1652c53a11df { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u210087b52945bdd8734b1652c53a11df:active, .u210087b52945bdd8734b1652c53a11df:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u210087b52945bdd8734b1652c53a11df { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u210087b52945bdd8734b1652c53a11df .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u210087b52945bdd8734b1652c53a11df .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u210087b52945bdd8734b1652c53a11df:hover .postTitle { text-decoration: underline!important; } READ Pursuing Online and Campus Based Education in Washington D.C.Related ArticlesThe Key to Your Future is an MBA DegreeThe Brilliance the Possibilities of E-Commerce MarketingOnline Management Degree Program Work for Multiple Companies or Become Self-Employed as a Management AnalystAccredited Bachelor Degree Business Online Acquire Skills Necessary for Success as an EntrepreneurOrganizational Psychology and Development An Exciting Career OpportunityGetting Started With a Career in Business

Similarities Between Christianity And Islam - 1316 Words

In today’s world, the largest religion is Christianity with a 33 percent and Islam coming in second place at around 21 percent. According to the article A Common Word between Us and You Both religions make up around half of the population around the world. Islam and Christianity are collectively known as Abrahamic religions because they trace their history to the covenant God made with Abraham in the Hebrew Bible. Christianity and Islam are two of the fastest growing religions, and they both have a lot in common ideas but yet have major differences in their beliefs and practices. First of all, both of Christianity and Islam religions have a quiet of bit in similarities. One example in which both religious have same ideas is that they both believe in one God. According to Mojzes and Swidler â€Å"Christianity and Islam are monotheistic religions; they believe that there is only one God. Jews and Muslims greatly stress the oneness and unity of God. The affirmation of the oneness of God by Christians is sometimes misunderstood, because Christians believe that the one God is triune (the Holy Trinity). However, this is not a denial of monotheism but an affirmation of the complexity of the Divine Being. Both faiths believe that this God is the origin and source of all that exists. God cares about the entire creation and desires the well-being of all. God is just and has provided basic roles for our guidance so that we might be good and righteous, according to God sShow MoreRelatedSimilarities Between Christianity And Islam993 Words   |  4 Pages Christianity and Islam are the two biggest religions that are present in the world today, with close to fou r billion followers combined. While Christianity and Islam actually have a lot more in common than most people think, there are still many differences to them. First, let’s start with the similarities between the two. Both religions believe that in one way or another, Jesus will return to Earth in the final days of the world to have a judgement day, in which essentially will determine if youRead MoreSimilarities Between Islam And Christianity997 Words   |  4 PagesIslam and Christianity are two largely wide spread religions in the world that have a great impact on their followers, especially in a spiritual manner. Because of originality, values, and unique believes in each religion, their believers respect and try to comprehend each other’s faith. With Christianity’s record 2.2 billion population and Islam’s impressive 1.6 billion population, they both form the bases of their countries laws and are recognized by governments all around the world. Even t houghRead MoreSimilarities Between Christianity And Islam1427 Words   |  6 PagesChristianity and Islam share much common ground. They trace their origins to Abraham; believe in prophecy, apostles, revelation, scripture, resurrection, and life after death. Christianity and Islam have related theological traditions; believe in one omnipotent God who is concerned with human salvation. Both religions are somewhat similar in how they embrace their beliefs; what the church is to Christianity, the umma is to Islam. Notwithstanding these important similarities, however, these two worldviewsRead MoreSimilarities Between Christianity And Islam1088 Words   |  5 Pagessignificant historic province where it served as the birthplace for many beliefs and religions such as Christianity and Islam. Within 600 CE to 1250 CE and 1st century to 1000 CE, Christianity and Islam began to spread. The two leading religions were very apparent in their belief in God and worship. As we seek to understand the Christian and Islam beliefs, it is important to be familiar with both the similarities and differences in the early years. The thought of death may terrify most of us, but to thoseRead MoreSimilarities Between Christianity And Islam1409 Words   |  6 Pages Christianity and Islam were both spread in socially and economically similar and politically different. They both had an important people that role and spread of the religions. Christianity included the individuals of who believe in Jesus Christ. Christians are the flowers of the Christ who often believed is the son of the God (â€Å"the father†); Christians strongly believe that Christ will return after the next life; the end of the world. Islam consists of individuals who believe in Allah, the godRead MoreSimilarities Between Christianity And Islam1005 Words   |  5 Pages Compare and contrast ancient Christianity and Islam. Christianity and Islam are both closely related religions, because they are branched of Abraham and other patriarchs mentioned in Hebrew Scriptures. Examples of these books are the Old/ New testament and the Quran. These books serve as their spiritual ancestors and are also know as Abrahamic religions. Although these books have a massive amount in common the clash of these two religions has caused for a mass crimes and violence across humanityRead MoreSimilarities Between Christianity And Islam891 Words   |  4 PagesChristianity came about 2000 years ago and was founded by Jesus Christ. It is mostly practiced in the Western world with a population of about 2 billion people. The name Christianity came from a Greek word ‘Christos’ meaning Jesus Christ and was founded between 4 B.C. and 30 A.D, and consist of the 3 major groups which are the Roman Catholic, Protestant and Orthodox. Islam on the other hand was founded about 1400 years ago by Muhammad in 600’s A.D. The word Islam is derived from an Arabic word forRead MoreSimilarities Between Christianity And Islam1332 Words   |  6 Pagesreligion has its own goal, and their own path and belief to reach their goals. However, there are many similarities in beliefs. Although the followers of Judaism, Christianit y, and Islam may see things differently, they all fundamentally hold the same values and codes. To Islam, the Prophet Mohammad’s teaching is a complete and final revelation. On the other hand, according to the bible, Christianity believes that Jesus Christ is the true lord and savior that will grant you the access to heaven in theRead MoreSimilarities Between Islam And Christianity1928 Words   |  8 Pagesget punished for practicing religion. The two religions bear some superficial similarities, the differences between the two religions is clear though. How the two religions practice their beliefs, the population, beliefs, and how they view â€Å"Jesus† are different and similar. Although the two religions are very different from each other, they also show some similarities. The main similarity is that Islam and Christianity both are monotheistic; meaning they believe in one god. Which are 2 out of theRead MoreSimilarities Between Islam And Christianity1619 Words   |  7 Pagessimilar beginnings, Islam is a religion of violence and Christianity is a religion of peace and therefore is more beneficial to society. It is important to understand the similarities between Islam and Christianity, specifically their origins, to better understand their differences. Islam is believed to have been started through the descendants of Abraham, a man who was considered a prophet of God in both Islam and Christianity. Many historians and theologians agree that Islam began through the lineage

Name of college or university Free Essays

A review of the successful strategy and tactics of warfare will inevitably lead to the concept that battlefield victory will depend on the decisive employment of the proper elements with the appropriate equipment in the right place at the correct time. Col. P. We will write a custom essay sample on Name of college or university or any similar topic only for you Order Now I. Lisitskiy[1] describes specific assault and special operations deployments during World War II illustrative of this model and that military leadership on both sides understood the necessity of airborne methods to accomplish battlefield victory. Unfortunately he fails to provide sufficient illustration and examples of the use of special operations forces. Further, he provides little insight into the training regimen and capacity of these specialized forces. However his historical perspective and review is still significant as recent military actions demonstrate military commanders must have a thorough understanding of the critical strategic role of airborne and airmobile tactics in the successful use of assault and special operations forces. World War II was in essence the â€Å"laboratory† for the development of airborne operations and special operations. British, German and American armies formally organized airborne units â€Å"and by the fall of 1943, the U.S. armed forces had as many as five airborne divisions (11th, 13th, 17th, 82nd, and 102nd).† (169). Lisitskiy defines â€Å"special operations† of the World War II era as being either â€Å"airborne, subversion and terror, and subversion and reconnaissance troops.† (169) He subdivides this broad categorization by detailing mission- and objective-specific operational groups. Lisitskiy concludes the World War II experience demonstrates the efficiency and cost-effectiveness of these operations and they will be a vital component of any future military engagement. Lisitskiy describes three methods of movement of airborne troops during the war: parachute drops, troop placement via glider, and air transport to seized airports. Placement of the force could be (a) immediately on top of the area to be assaulted, (b) adjacent to the field of battle, or (c) within striking range of the target. According to Lisitskiy these troops had their share of personnel, logistical and communication problems, usually directly related to the nature of the battlefield and the speed, method of their arrival and distance from support bases. Lisitskiy uses actual battles to illustrate his theme regarding the method of transport and placement of troops. He cites the German Army â€Å"airdrop on a Belgian fort, Eben Emael, 10 May 1940. It was possible to capture the fort only by landing troops atop it.† (172) the allied Operation Overload, what Americans refer to as D-Day, perfectly illustrates â€Å"the airlifting of units with seizing airfields ahead of their landing.† (171) the feasibility and necessity of landing paratroops away from the target is exemplified by â€Å"the operations of the 3rd German Paratroop Rifle Regiment on Crete. Assigned to take the town of Khania the troops were dropped on the road†¦some 3km from Khania, whence the regiment began pushing towards its objective in a planned manner.† (172) Other examples given illustrate the notion that special operations come with special problems. Of a critical nature to a rapidly inserted or swiftly moving force are logistics and communication. Airborne operations by their very nature require stringent weight scrutiny. Lisitskiy refers to the German developments specific to airborne operations, including lightweight shoulder arms as well as specialized artillery pieces. The same weight considerations applied to communication gear. The failure of German commanders in Crete was directly attributed to communication difficulties between entrenched and newly arrived troops. [1]   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Col. P. I. Lisitskiy is the Sector Deputy Chief at the Center for Military-Strategic Studies of the General Staff of the Russian Federation Armed Forces.    How to cite Name of college or university, Papers

K-Mart Chapter 11 an Example of the Topic Business Essays by

K-Mart Chapter 11 by Expert Marvellous | 16 Dec 2016 A Chapter 11 bankruptcy allows a business, Kmart in this case, to attempt to stay in business while a bankruptcy court supervises the reorganization of the companys obligations. With chapter 11, the court can grant either partial or complete relief from the companys current debts and contracts allowing the company to attempt to make a fresh start. What happens often if the companys debts exceed their assets, the companys owners or stockholders will receive nothing. The companys creditors would then end up with ownership of the company once it reorganizes (U.S., 2007). Need essay sample on "K-Mart & Chapter 11" topic? We will write a custom essay sample specifically for you Proceed Kmart had been struggling for awhile with sluggish sales and competition with Wal-Mart and Target. Kmart was hoping the holiday season of 2001 would improve their financial situation and held off filing for Chapter 11 bankruptcy to see how much financial improvement they would see after the holidays. However, they were to have a disappointing end-of-year holiday season which didnt help their situation. Kmart failed to pay its top food provider, Fleming Companies Inc. $78 million (Kmart, 2002). Therefore Fleming Companies only left the perishable items it was delivering to Kmart and didnt unload the rest of K-Marts shipment. Students Frequently Tell EssayLab specialists: I'm not in the mood to write my paper. I want to spend time with my girlfriend Professional writers propose: Original Essays For Sale Buy Written Essays Do My Online Classes For Me Write My Essay Online Reviews Kmart then began closing its weakest stores. Kmart Corporation filed for Chapter 11 bankruptcy on January 22, 2002 in the United States Bankruptcy Court, Northern District of Illinois, Eastern pision, Docket No. 02-02474 (Kmart, 2002). Its stock plunged nearly 60% on this day and their stocks closed at 70 cents. Kmart chose the Chapter 11 bankruptcy route hoping it would buy the company enough time to get the company reorganized and hopefully on the road to visibility by 2003 (Buy, 2002). Kmart listed its assets when filing for bankruptcy to be $16.3 billion, with $10.3 billion in total debts (CNN, 2002). This figure makes Kmart the largest the largest retailer to declare bankruptcy. This filing wasnt at all surprising to analysts at the time who had been predicting Kmart would file for bankruptcy. Kmart has been making almost $40 billion a year in sales. As of the end of 2001 Kmart had approximately 275,000 employees in its 2,105 stores. The restructuring affected over 60,000 employees and about 1,000 management personnel (Iwata, 2002). Kmart had announced that it will fund its turnaround with the $2 billion senior secured debtor-in-possession (DIP) financing it secured in financing from J.P. Morgan Chase Bank, General Electric Capital Corp., Credit Suisse First Boston and Fleet Retail Finance Inc (Kmart, 2002). Although the financing was subject to bankruptcy court approval, it helped Kmarts cash flow while Kmart went through the process of restructuring (Kmart, 2002). By mid-January 2002, ratings agencies downgraded Kmarts credit, Kmarts stock plunged and its stock was removed from Standard s benchmark index of 500 leading stocks. Kmart is the largest retailer in history to seek court protection from creditors (Kmart, 2002). The U.S. Trustee which represents the bankruptcy arm of the Justice Department, appointed committees to represent the interests of Kmarts creditors and stockholders to work with Kmart in developing a reorganization plan that would allow them to get out of debt (World, 2002). They had to create a plan that would be acceptable to Kmarts creditors, bondholders, stockholders while at the same time confirmed by the court. However, the court has the power to disregard the vote of Kmarts creditors and stockholders and confirm Kmarts plan if the court finds that the plan treats creditors and stockholders fairly. Once Kmarts reorganization plan is confirmed, another more detailed report which must contain a summary of the reorganization plan must be filed with the U.S. Securities and Exchange Commission on Form 8-K. Sometimes a company attaches a copy of its complete reorganization plan (U.S., 2007.) Not surprising, stock of companies in Chapter 11 is considered to be extremely risky and can lead to financial loss. In the U.S. Securities and Exchange Commission webpage, it states, although a company may emerge from bankruptcy as a viable entity, generally, the creditors and the bondholders become the new owners of the shares (U.S., 2007). Wall Street analysts felt the Chapter 11 filing was a good move for Kmart since it ended weeks of speculation of the companys future and allowed Kmart to repair its relationships with vendors, making itself more competitive (CNN, 2002). Chapter 11 bankruptcy allows the filer, or in this case Kmart to re-organize its business while attempting to become profitable. Although Kmart continues to run its day-to-day business operations, the bankruptcy court must approve all of the companys significant business decisions. Kmarts securities can continue to be traded even after it files for bankruptcy under Chapter 11. There currently is no federal law that prohibits trading of securities of companies in bankruptcy. Kmart continued to honor all credit cards, gift certificates and store credits. Because Kmarts pension and savings plans are independent of Kmart, the company said they would continue to be administered as usual (CNN, 2002). Kmarts vendors, suppliers and business partners will be paid under normal terms for all goods and services they provide to Kmart during its reorganization. According to Hoovers Handbook of American Business, Kmart has been difficult to turn around (Hoovers 2007). Kmart has since had numerous reorganization efforts, new store concepts, expanded selections of merchandise while adjusting its pricing strategies. However, it is still struggling to remain competitive with Wal-Mart and Target and a rather weak economy. Since finally for bankruptcy, Kmart closed over 283 stores resulting in over 22,000 job losses (Hoovers, 2007). Kmart is currently a wholly owned subsidiary of Sears Holdings Corporation (Nasdaq: SHLD) (K-mart, 2007). Looking at statistics on a Hoovers Business website, Kmarts annual income statements from 2004-2006 reflects a company that isnt seeing any substantial growth or losses. Some of the latest news on Kmart is that they have a agreed to a gift-card fee refund program (Kmart, 2007) as part of its settlement with the Federal Trade Agency. The FTC had earlier charged Kmart with deceptively engaging in deceptive practices in marketing and selling its gift cards. Apparently when customers attempted to use the cards after 24 months, a charge of $50.40 was deducted from the amount on the card (K-Mart, 2007). A report put out on financial performance of Sears holdings stated that their net income and sales for the fourth quarter of 2006 and their fiscal year ending February 3rd, 2007 stated both their net income and sales were up. Sears holdings net income $820 million while their fiscal year net income was $1.5 billion. The company attributes the rise in net income and sales to improvements in the operating incomes of Kmart and Sears domestic. They also reported that slowdown in the housing market and competition in the U.S. market affected sales of both Kmart and Sears. Reviews John: I'm asked to "where can I write my essay for 12 hours" and find the best answer at EssayLab.com References Hoover's Handbook of American Business 2007. Austin, Tex: Hoover's Business Press, 2006 "Kmart files Chapter 11. CNNMoney. 22Jan2002. CNN. 3 Apr 2007. http://money.cnn.com/2002/01/22/companies/kmart>. "K-Mart files Chapter 11." The Daily Texan Online. 23Jan2002. World & Nation. 5 Apr 2007 . Kmart files for Chapter 11 bankruptcy. Michigan Daily. 23 Jan 2002. Kmart to refund gift-card fees. CNNMoney. 15 Mar 2007 "Reorganization Under the Bankruptcy Code." U.S. Courts. 2007. U.S. Courts. 2 Apr 2007 . Russell, Nancy. World Socialist. 26Jan2002. Accessed 4Apr2007 U.S. Securities and Exchange Commission. Security and Exchange Commission. 2007. 3 Apr 2007 http://www.sec.gov/investor/pubs/bankrupt.htm.