The History of Vietnam War Research Paper Example | Topics and Well Written Essays - 1750 words

The History of Vietnam War - Research Paper Example V. The Tet Offensive a. Beginning of U.S. – North Vietnam peace talks VI. End of the War a. Vietnamization b. Signing of Paris Peace Agreement c. Total withdrawal of American forces from Vietnam d. Capture of Saigon and formation of Socialist Republic of Vietnam History of Vietnam War INTRODUCTION Vietnam War was one of the most expensive wars in the history of the world in terms of materials and loss of lives. In fact, Vietnam War was the fourth costliest war in terms of loss of lives that United States has ever been involved. The war registered 45,943 U.S. battle deaths, with 1333 men going missing and 10,298 dead of non-battle causes. In terms of money, United Stated government lost 138.9 billion dollars, which is only comparable to the amount of money spent in World War II. South Vietnam, an ally of United States in the war, lost 166,000 soldiers and an estimated 415, 000 civilians. On the other hand, it is estimated that Northern Vietnam and Viet Cong combined registered more than 937,000 deaths. Other than loss of lives and resources, the war also witnessed the loss of morals among soldiers at the war front. Citizens also lost faith in their governments. This was largely affected the Americans. During the war, American soldiers became undisciplined. They engaged in drugs and racial conflict. Generally, all the warring parties suffered from the war. This paper looks into the history of Vietnam War and the events that lead to the war in Vietnam. The paper discusses the origin of Vietnam War, the entry of United States into the War, the strategy of attrition, the Tet offensive, and the end of the War. ORIGIN OF THE WAR Vietnam had been colonized by the French since 19th century. During the Second World War, Japan attacked and established its authority of Vietnam. In the course of this struggle, Ho Chi Minh, a Vietnamese nationalist, formed Viet Minh Party to help him fight the Japanese and the French occupation of Vietnam. He was assisted by Soviet an d the Chinese communists. In August 1945, the Japanese were overpowered by the Viet Minh and they withdrew their forces from Vietnam leaving the French in control of Vietnam. During this time, Viet Minh’s superiority was on the rise. They captured the northern town Hanoi and declared independence of Democratic Republic of Vietnam in September 1945 with Ho Chi Minh as the president (Christian, 31). The French soldiers were pushed to the south. In July 1949, they formed the state of Southern Vietnam with its capital in Saigon under the leadership of Bao Dai. The war between the French and the Viet Minh called the First Indonesian War continued for the next eight years. The war ended in May 1954 when the French forces were defeated by the Viet Minh forces at Dien Bien Phu. The ensuing peace talks in Geneva led to the signing of the Geneva Peace Accord. The Accord divided Vietnam into North Vietnam under the leadership of Ho and South Vietnam under the leadership of Bao. The Gene va Accord also stipulated that nationwide elections were to be held in 1956. The elections were aimed at unifying North and South Vietnam into one nation. However, in 1955, Â  Ngo Dinh Diem, a strong anticommunist, ousted Bao as the leader of Southern Vietnam and formed the Government of the Republic of Vietnam with him as the president (Le Duan, 51). U.S INVOLVEMENT INTO THE WAR United States joined the struggle in 1950 when President Truman assisted the French forces in Vietnam, Laos and Cambodia. United States provided the French forc

ICT in Tourism and Hospitality Sector Essay Example | Topics and Well Written Essays - 5000 words

ICT in Tourism and Hospitality Sector - Essay Example This essay is to evaluate the extents to which use of ICT has been embraced in the tourism and hospitality industries especially in small and medium enterprises. The paper will identify the various applications or innovations of information and communication technology that have been integrated into the mentioned industries and how they have helped in improving operations. This essay will point out the major areas of ICT advancement by use of a case study of one of the companies operating in the said industry. The selected case study is the Galle Fort Hotel in Sri Lanka. The hotel is a world recognized hospitality destination with a simplicity that has won the hearts of many people visiting the Galle Fort tourist attraction in the country. The beach hotel is owned by an Australian family with a total of 13 guest rooms and has won many awards among them the 2007 UNESCO heritage conservation award and the world travel award 2009 for being the country’s leading boutique hotel and many others. The hotel has embraced the use of ICT and has a fully functional website. This paper will closely examine its ICT use through the various applications it has employed in order to help it in the day to day operations. From early times, Sri Lanka has been a major tourist attraction for visitors across the globe. The Galle Fort Hotel is one of the best boutique hotels in the country. The hotel is built on the fortified old town of Galle that was founded by the Portuguese in the 16th century. This points out to how it has been set out on a historical and world heritage site. To turn this around whilst ensuring that the area retains its rich historical and cultural heritage is definitely a great challenge. However, the hotel has adopted the use of ICT as evidenced by its presence in the internet through its official website and other social networking sites like face book.

Investigating Ratios of Areas and Volumes Speech or Presentation

Investigating Ratios of Areas and Volumes - Speech or Presentation Example A graphical depiction of the said areas is shown below: Knowing the value of the area B, the area A may also be computed. Instead of integrating the function, it is simpler to subtract the area below the curve from the total area of the rectangle. This results to area A as shown: By comparing the plots of two curves, it can be seen that the area under the curve decreases as the exponent increases. Consequently, the ratio of the two areas also increases. This trend supports the calculated data. This shows that for the section of the curve from x = 0 to 1, the ratio is just equal to the exponent. However, does this conjecture hold true for all ranges? To examine this, we reevaluate the generic function y = xn with various ranges: With a range of 0 to 2 for x, the ratio of the areas remains equal to n. However, only the upper limit has been changed in this particular case. By adjusting the lower limit, a certain area is removed from the rectangle as depicted in the following graph. Again, the resultant ratio is simply equal to the exponent n. In fact, it can be proven that the ratio will remain constant despite any changes in the limit. With a lower limit of a and an upper limit of b, the proof will appear as shown. Now that it is clear that the ratio of the two areas will remain constant, it is possible to extend the analysis to a three-dimensional one by revolving the surface around a specified axis. First, we will investigate the effects of a revolution around the x-axis. Since the area being revolved is that of B, the resulting volume is taken by evaluating the previous expression. The radius in such a case would be equivalent to y or generally xn. Using this, the volume can be determined in a straightforward manner. The remaining volume is that of the revolution of surface A. However, instead of integrating, it is

Unified of the American Constitution Essay Example for Free

Unified of the American Constitution Essay What was the original intent of the U.S. Constitution? Why did Alexander Hamilton want to create a more powerful centralization of federal government? What is the difference between Democratic-Republican and Federalist? Analyzing and resolving constitutional issues was an ongoing process during the eighteenth century. According to Jack Rakove â€Å"†¦ from a historical perspective this book, guidelines, approval around the constitution, form political worries about reviewing in 1780, the Constitution and the clarification of the scope that the debate on the role of the original intent of the constitutional debate should be interpreted to play. † 1 Also Rakove thinks the federal constitution must be developed to address the representatives of the executive power and the rights and constitutional concepts in a way reflecting the highest law. The federal convention or intense political debate followed. Similar to Rakove, some people believed the Constitution could give people clearer rules to tell them what they were supposed to do or not. In addition, the Constitution could also prohibit the government from what they should not do. The government needs to guarantee freedom for people, and what rights belong to people couldn’t be violated. The Constitution also remains above the government; while maintaining above the people, its like a barrier to prevent the government from expanding. The Constitution could guarantee justice and equity for what the government sometimes did, like being secretive, and corrupt, which violates and ignores the Constitution by following the money of corporations, lobbyists, and bankers that are destroying our country, freedoms, economy, and our way of life. It provides a set of hard-fast rules for the creation and perpetuation of a Legislature, an Executive, and a Judiciary Branch. According to Madison, he was the person strongly argued for the central of the government that would unify the country and he was the most important person to write and creation of the Constitution. People call him Father of the Constitution. He thought a representative government suppose governed by those smaller states. The  power should be limited by the Federal Government because those specific areas know what they wanted and had representatives their interests. So the best way to vote was elect representatives was social system, citizens because they lived in same of the territory, it would be easier for them to agree to work together to realize their ideas. The government should protect different rights because through their representative institutions pronunciation sounds more in line with the interests of human society and the decision of the people were subject to their own interests, such as the freedom of speech, religion and the press. Alexander Hamilton believed the new U.S. administration should be divided into three divisions: Congress executive, legislative and judicial powers. 2 The government divided into three sections would provide checks and balances to prevent any one branch from becoming too powerful, and that by working together in three different branches can concentrate power in the state. He also believed that serving the life of good character, or, more precisely, would give stability to the administrative offices on the other hand, that short-term services only encourage politicians to focus on re-election, rather than the rule in this country. Hamilton also thought people should have bicameral: one is upper chamber, called the Senate, including the elite aristocracy of the country, and one is lower chamber, called the General Assembly. Would be the seat of democracy for the American people, Senator Election life’s by the House of Lords and the elected representatives of the elected term of three years. According to George Washington, â€Å"from all classes of Citizens, The reflection on the days of difficulty and danger which are past is rendered the more sweet, from a consciousness that they are succeeded by days of uncommon prosperity and security. One says George Washington was a very passionate, very proud man. In this sense, he was seen as a quiet man. His pride came from a sense of honor. This was reflected in; he would do everything, and He showed humility, when he was appointed commander of the Continental Army s commander in chief, he said he did not think he had the ability to task, but it needed to start with all his strength. He also had a heart of gratitude and sincere attitude. He respected the views of the  Congress; he would make every effort to live up to their expectations. His believed in public service his entire life, if you sport or tooted his horn† to get the job, then you are not eligible to sow themselves. In conclusion, the differences between Jam es Madison, Alexander Hamilton, and George Washington were James Madison believed in a limited federal government, and Alexander Hamilton believed in a strong, extensive federal government. George Washington was friends with Alexander Hamilton, and George Washington was also a Federalist, so he believed in a strong central government because George Washington believed that if our nation would survive then we would need a strong government and the government needed rules to go by or they would basically rule over Americans. But they all have their different ways to seeing and saying the same ideas about the constitution in the eighteenth century. On the other hand, the similarity between James Madison, Alexander Hamilton, and George Washington were having similar ideas about the constitution in eighteenth century. They all want to make the unification of the constitution of U.S. because it can protect all of our rights of its citizens. One could argue about the Federalists was more important than the Republicans because the Federalists make the country more organized and clearer rule for all the people in the U.S. This is the agreement for the most important power of the constitution because the process of drafting and ratification of the Constitution led to the victory of the Enlightenment philosophy: the full definition and addressing social and political issues of integrity and ability of the human rational nature of man and society personalities and beliefs. Indeed, the Constitution itself is perhaps best understood as an Enlightenment document, also because it reflects the target, order, freedom and justice and the general welfare of its preamble and its explicit and implicit promises, the concept of limited government, civil liberties , Church and State, military strength limitations, as well as the separation of an open society.

Digital Video Recorders Essay -- essays research papers

We have all at some time or another missed a show we have wanted to see. Things such as work and school get in our way of watching our favorite shows. Shows that we have watched religiously. Ten years ago, if you knew you were about to miss a show, you would leave the TV on the channel you need to watch, and you would set the VCR timer to the appropriate time. This was and is not the most fun and easy thing to do. At the most, you would want to do this once a week as a maximum. Did you ever have to get up and go to the bathroom while the game is on? Sometimes you have to bear yourself just so you do not miss a single thing. Digital Video Recorders (DVR’s), eliminate all of this and more. If there is a show that you watch, you just enter it in the season pass box of your DVR. This ensures that your recorder will capture every episode of that show for you to watch. Sometimes there is only one showing of something. No problem, just select it and hit record. DVR’s make it easy to record anything on TV. They store all of the upcoming shows, so you do not have to enter dates and times. Say you are watching that game, and your bowels go off. Hit the pause button! Yes, with a DVR, it is possible to pause live TV. The thing is, you probably will not be using the pause button for live TV, because you probably will not be watching anything live anymore. You do not have to worry about commercials, you fast-forward through them. With a DVR, you watch what you want, when you want. DVR’s...

One Child Policy in China

What is One Child Policy? It is the birth control policy, one of the most important social policies over the world. Simply to say, One Child Policy is the population control policy that has applied since 1979 in China. The government sets a limit for the maximum number of children for each family. It officially restricts married urban couples to have only one child while it allows rural couples, minorities to have more than one child. It isn’t quite difficult to imagine how China would have been if the birth control policy hadn’t been applied. People would have suffered from famine, death and the shortage of variety of sources. However, One Child Policy is a double-edge sword for China.On the one hand, China effectively controls the population growth, fertility rate, and gains huge economic benefit as well; on the other hand, it is a source of great pain for one generation. To understand the One Child Policy it is necessary to know a bit of history about how and why it was created. Until the 1960s, the government encouraged families to have as many children as possible because of Mao's belief that â€Å"the more people, the stronger we are† (Potts, 2006, p. 361). It prevented the emergence of the development of One Child Policy earlier in China. In the next few decades, the population grew from around 540 million in 1949 to 940 million in 1976 (National Bureau of Statistics, P.R.China, 2000).Beginning in 1970, Chinese people were encouraged to marry at an older age, and they were allowed to have two children. Although the fertility rate began to decrease, the government launched the One Child Policy due to the future overwhelming population growth (Potts, 2006). The One Child Policy has significant effects on variety factors, such as population growth and fertility rate, social health service, education, and the development of economy.The first plain effect is the control of population growth and fertility rate. Statistics in figure 1 shows the fertility rate in China from 1960 to 2010, and the fertility rate fell from 2.63 births per woman in 1980 to 1.61 in 2010, which almost reached 6 in the 1960s. The Chinese government makes the claim that it had three to four hundred million fewer people in 2008 under the One Child Policy (Hu, 2002).Figure 1: Fertility Rate in China from 1960 to 2010 Source: World Bank, 2012, Retrieved from http://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&ctype=l&strail=false&bcs=d&nselm=h&met_y=sp_dyn_tfrt_in&scale_y=lin&ind_y=false&rdim=region&idim=country:CHN&ifdim=region&hl=en&dl=en&ind=false&icfgOne of the most important considerations of One Child Policy is related to economy. The economic development is the original intent of this policy, such as reducing the demand of nature resources and decreasing the unemployment of surplus labors. Obviously, the limited resource cannot always satisfy the demand of resource of the growing population. The sufficient nature resource is a vital factor for a group of people to survive; enough social resource is significant for a society to stabilize.As Deng Xiaoping, who is the former leader in China, said that â€Å"the  development is the only principle†. As long as the country had a steady population rate, the society would function within a balance between both nature and social resource and the demand of resource of the population. Undeniably, China, Chinese people and even the whole world are all benefited from the One Child Policy in terms of reduction of the demand for resources. Now, the One Child Policy has existed for over thirty years. People gain the profit but also gain the pain from it, especially the generation of single children.It’s a labeled generation. Little emperors, little princesses, little suns are all used to describe this self-centered generation. These labels also show the possible social problems for this generation. Most single children are unable to care for their older adult relatives and others because they are used to receiving and accepting the love from parents and grandparents while rarely give and share with others in the family. People worry that it would result in a tendency of poor social communication and cooperation skills for these young adults in the society. In fact, these young adults pay more than others to learn cooperation and communication with others when they start their career lives.Besides the social problem, another problem of this generation is the â€Å"four-two-one† problem. As the first generation under the One Child Policy, the children who were born in 1980s are approaching adulthood now. They are building their own families, getting married and  having babies. In China, they are responsible to support their parents and four grandparents. It is called the â€Å"four-two-one Problem†. Statistics shows that there are ninety million only children in China in 2000 (Yang, 2010). The young adults, who are still st ruggling in the society themselves, should take the responsibility of their own small families; meanwhile, they also have to be responsible for their parents and grandparents. It is a huge life stress.With pains and gains in these thirty years the One Child Policy has completed its mission in its first step. Page (2011) presents that â€Å"China appears to have achieved that goal: Initial census results show China's population, the world's largest, rose to 1.34 billion in 2010, from 1.27 billion in 2000. That puts average annual growth at 0.57% over the decade, down from 1.07% in 1990-2000† (p. 1). Recently, the existence of the One Child Policy is becoming a debate. People discuss whether the policy should exit the stage of the history or still maintain in effect. Figure 2 shows the Chinese population growth from 1961 to 2008.Under the application of One Child Policy the tendency of demography growth shows a steady rising pace. If the government abolished the One Child Polic y suddenly, the Chinese demography would still increase sharply in the next few decades. One of the essential factors couldn’t be ignored: the Chinese demography has a hugest base in the world.Figure 2: Population of China from 1961 to 2008 Source: Quilokos, D. Creative Commons, 2011The Chinese government declared that the One Child Policy will still be implemented on the population control in another decade. In the next phase, the One Child Policy will turn to a relative loose phase. It has new criteria to allow couples to have a second child such as the parents who are the only children themselves (Page, 2011). To sum up, the One Child Policy was created in China in a specific time; it has both positive and negative effects these years. Although it is a source of great pain for one generation, people cannot deny the resulting benefits. It will remain effective in China as an important policy at least for one more decade, and gradually fade out from the stage of Chinese hist ory.ReferencesHu, H. (2002, Oct 18). Family Planning Law and China's Birth Control Situation. China.org.cn. Retrieved from http://www.china.org.cn/english/2002/Oct/46138.htmNational Bureau of Statistics, P.R.China. Total population, CBR, CDR, NIR and TFR of China 1949-2000. China Daily. Retrieved from http://www.chinadaily.com.cn/china/2010census /2010-08/20/content_11182379.htmPage, J. (2011, April 29). China’s one-child plan faces new fire: Census shows slowing growth as population ages, giving critics ammunition. The Wall Street Journal Online. Retrieved from http://online.wsj.com/article/SB10001424052748704463804576291010133986864. htmlPotts, M. (2006). China’s one child policy: the policy that changed the world. BMJ, 333, 361.Yang, Y. (2010. Oct 10). Are â€Å"four-two-one†families really a problem?. China Population Association Online. Retrieved from http://web.archive.org/web/20110707050058/http:// cpachn.org.cn/ShowNews.asp?ID=1021One Child Policy in Chi naWhat is One Child Policy? It is the birth control policy, one of the most important social policies over the world. Simply to say, One Child Policy is the population control policy that has applied since 1979 in China. The government sets a limit for the maximum number of children for each family. It officially restricts married urban couples to have only one child while it allows rural couples, minorities to have more than one child. It isn’t quite difficult to imagine how China would have been if the birth control policy hadn’t been applied.People would have suffered from famine,  death and the shortage of variety of sources. However, One Child Policy is a double-edge sword for China. On the one hand, China effectively controls the population growth, fertility rate, and gains huge economic benefit as well; on the other hand, it is a source of great pain for one generation. To understand the One Child Policy it is necessary to know a bit of history about how and w hy it was created. Until the 1960s, the government encouraged families to have as many children as possible because of Mao's belief that â€Å"the more people, the stronger we are† (Potts, 2006, p. 361). It prevented the emergence of the development of One Child Policy earlier in China. In the next few decades, the population grew from around 540 million in 1949 to 940 million in 1976 (National Bureau of Statistics, P.R.China, 2000).Beginning in 1970, Chinese people were encouraged to marry at an older age, and they were allowed to have two children. Although the fertility rate began to decrease, the government launched the One Child Policy due to the future overwhelming population growth (Potts, 2006). The One Child Policy has significant effects on variety factors, such as population growth and fertility rate, social health service, education, and the development of economy. The first plain effect is the control of population growth and fertility rate.Statistics in figure 1 shows the fertility rate in China from 1960 to 2010, and the fertility rate fell from 2.63 births per woman in 1980 to 1.61 in 2010, which almost reached 6 in the 1960s. The Chinese government makes the claim that it had three to four hundred million fewer people in 2008 under the One Child Policy (Hu, 2002).Figure 1: Fertility Rate in China from 1960 to 2010 Source: World Bank, 2012, Retrieved from http://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&ctype=l&strail=false&bcs=d&nselm=h&met_y=sp_dyn_tfrt_in&scale_y=lin&ind_y=false&rdim=region&idim=country:CHN&ifdim=region&hl=en&dl=en&ind=false&icfgOne of the most important considerations of One Child Policy is related to economy. The economic development is the original intent of this policy, such as reducing the demand of nature resources and decreasing the unemployment of surplus labors. Obviously, the limited resource cannot always satisfy the demand of resource of the growing population. The  sufficient nature resource i s a vital factor for a group of people to survive; enough social resource is significant for a society to stabilize. As Deng Xiaoping, who is the former leader in China, said that â€Å"the  development is the only principle†.As long as the country had a steady population rate, the society would function within a balance between both nature and social resource and the demand of resource of the population. Undeniably, China, Chinese people and even the whole world are all benefited from the One Child Policy in terms of reduction of the demand for resources. Now, the One Child Policy has existed for over thirty years. People gain the profit but also gain the pain from it, especially the generation of single children. It’s a labeled generation. Little emperors, little princesses, little suns are all used to describe this self-centered generation. These labels also show the possible social problems for this generation.Most single children are unable to care for their old er adult relatives and others because they are used to receiving and accepting the love from parents and grandparents while rarely give and share with others in the family. People worry that it would result in a tendency of poor social communication and cooperation skills for these young adults in the society. In fact, these young adults pay more than others to learn cooperation and communication with others when they start their career lives. Besides the social problem, another problem of this generation is the â€Å"four-two-one† problem. As the first generation under the One Child Policy, the children who were born in 1980s are approaching adulthood now. They are building their own families, getting married and having babies.In China, they are responsible to support their parents and four grandparents. It is called the â€Å"four-two-one Problem†. Statistics shows that there are ninety million only children in China in 2000 (Yang, 2010). The young adults, who are st ill struggling in the society themselves, should take the responsibility of their own small families; meanwhile, they also have to be responsible for their parents and grandparents. It is a huge life stress.With pains and gains in these thirty years the One Child Policy has completed its mission in its first step. Page (2011) presents that â€Å"China appears to have achieved that goal: Initial census results show China's population, the world's largest, rose to 1.34 billion in 2010, from  1.27 billion in 2000. That puts average annual growth at 0.57% over the decade, down from 1.07% in 1990-2000† (p. 1). Recently, the existence of the One Child Policy is becoming a debate. People discuss whether the policy should exit the stage of the history or still maintain in effect. Figure 2 shows the Chinese population growth from 1961 to 2008.Under the application of One Child Policy the tendency of demography growth shows a steady rising pace. If the government abolished the One Ch ild Policy suddenly, the Chinese demography would still increase sharply in the next few decades. One of the essential factors couldn’t be ignored: the Chinese demography has a hugest base in the world.Figure 2: Population of China from 1961 to 2008 Source: Quilokos, D. Creative Commons, 2011The Chinese government declared that the One Child Policy will still be implemented on the population control in another decade. In the next phase, the One Child Policy will turn to a relative loose phase. It has new criteria to allow couples to have a second child such as the parents who are the only children themselves (Page, 2011). To sum up, the One Child Policy was created in China in a specific time; it has both positive and negative effects these years. Although it is a source of great pain for one generation, people cannot deny the resulting benefits. It will remain effective in China as an important policy at least for one more decade, and gradually fade out from the stage of Chi nese history.ReferencesHu, H. (2002, Oct 18). Family Planning Law and China's Birth Control Situation. China.org.cn. Retrieved from http://www.china.org.cn/english/2002/Oct/46138.htmNational Bureau of Statistics, P.R.China. Total population, CBR, CDR, NIR and TFR of China 1949-2000. China Daily. Retrieved from http://www.chinadaily.com.cn/china/2010census /2010-08/20/content_11182379.htmPage, J. (2011, April 29). China’s one-child plan faces new fire: Census shows slowing growth as population ages, giving critics ammunition. The Wall Street Journal Online. Retrieved from http://online.wsj.com/article/SB10001424052748704463804576291010133986864. htmlPotts, M. (2006). China’s one child policy: the policy that changed the world. BMJ, 333, 361.Yang, Y. (2010. Oct 10). Are â€Å"four-two-one†families really a problem?. China Population Association Online. Retrieved from http://web.archive.org/web/20110707050058/http:// cpachn.org.cn/ShowNews.asp?ID=1021

Varun Nagar Case

Executive summary: Varun Nagar Agriculture cooperative society (VNACS) has two assets which include, Rs 5, 00,000 in cash and a paddy stock which is worth Rs 5, 00,000. The liabilities of VNACS include, Rs 5,00,000 to be paid for procurement of paddy to farmers, and Rs 5,29,167 to be paid towards over draft amount this also includes the accrued interest over the period of seven months(Rs 29,167 is the interest to be paid for seven months from September 1990 to march 1991) as the over draft has been drawn September last year. Mr.Agarwal the Manager of VNACS has two make decisions about two business proposals in front of him, whether he should retain paddy stock and whether he should buy fertilizer stock. Mr. Agarwal taking all the option available into consideration decides to retain paddy stock and not to buy fertilizer stock this decision will be in the best interest of Cooperative and farmers at large. Main Report: 1. Situation Analysis: a) Introduction: The case revolves around Mr . Agarwal, Manager of the cooperative (VNACS), other players include the members of the agriculture cooperative, Mr. Dwivedi, the bank manager.The main functions of VNACS are to procure the agricultural produce from farmer members and market it in the district mandis. The society also procured and supplied inputs (seeds, fertilizers and pesticides) to the farmer members. Mr. Agarwal’s objective is to ensure maximum benefit to the farmers through the cooperative and its operations, and also to sustain the society’s good image. Where as being the members of cooperative, the farmers wish is to gain the maximum return of their produce. The branch manager would like to extend the business with the cooperative in the long run. ) Objectives: Mr. Agarwal’s should make decisions which are in the best interest of all the stake holders, whom include, the Farmer members of the society, the Co-operative society and the Bank. The Farmer members should get best price for their agricultural produce and have access to agricultural inputs like seeds and fertilizers at cheaper prices compared to the market price. The Co-operative society should sustain the good image earned over the years, which helped in ensuring the support of the bank, and support of members of the society.Taking the above into consideration the objectives should be * To meet the expectations and also serving in the best interest of farmer members. * To sustain the good image of the Co-operative society in the years to come. * To maintain good relation with Jaldhara District Cooperative Bank, and to remain credit worthy. c) Decision problems: Mr. Agarwal has two decision problems which he should confront in the process of working towards the objectives. * Should he retain the paddy stock? * Should he buy fertilizer? Mr.Agarwal has these two business decision to make, which can contribute towards VNACS’s larger objective of serving the members interest, and his objective to serve VN ACS’s interest in the best possible manner. But due to the limited resources available with VNACS, it gives rise to this situation in which Mr. Agarwal is confronted with these decision problems. His options include holding the paddy for sale in October to get better returns, another option is to buy fertilizer now so that the society can supply fertilizers to the farmer members at a cheaper price in October.The Co-operative is not financially strong to do both, as the payment of Rs. 5, 00,000 to the members towards the procurement of paddy was due by March 31, 1991. Mr. Agarwal’s objective is to serve in the best interest of the farmer members He understands how important it is to make payment to the farmers on time, so he certainly does not want to default on that, come what may. Therefore after the repayment of Rs 5 lakhs to farmer members VNACS is left with the paddy stock which is worth Rs 5 lakhs. Mr.Agarwal under these circumstances should confront the above men tioned decision problems. d) Criteria for decision making: As discussed above, the payment should be made to the farmers on or before the due date, at any cost. He should make a decision which would lead to maximum benefit for farmer members in financial terms, as that was the aim with which VNACS was set up. In the given scenario it is very difficult for the society to get a loan of substantial amount, though society can ask for a small additional loan given the good terms which society has with the bank.Taking above discussed criteria into consideration we can prioritize them as * Payment for the procured paddy should be made to the farmers on or before the Due date * Maximum benefit to the farmers, whether in terms of getting higher price for their agricultural produce of providing access to agricultural inputs at a cheaper price. * To maintain credit worthiness with bank. Society has already taken an over draft of R 5 lakhs, so it is likely that only small amount can be sought a s loan from the banks. * To maximize the total revenue for the Co-operative society . Decision process: a) Generating Alternatives: Mr. Agarwal has two confront with two decision problem, Should he retain paddy stock? Should he buy fertilizer? From these two decision problems we can generate four different alternatives. I. Sell paddy stock now and do not buy fertilizer. II. Retain paddy stock till September/ October, and purchase fertilizer now. III. Retain paddy stock till September/ October, but do not purchase fertilizer. IV. Sell paddy stock now, and purchase fertilizer now. b) Evaluation of Alternatives: I.Sell paddy stock now and do not buy fertilizer: In this alternative buy selling 100 tons of paddy stock at current market price of Rs 5,000 per ton, would mean that buy this sale Society would only be able to repay the procurement cost of paddy i. e. Rs 5 lakh to the farmers which is due for 31st march. Society has an additional cash balance of Rs 5 Lakh, which would go for t he repayment of over draft taken from the bank in September 1990. But the interest for seven months on over draft of Rs 5 lakh, which accounts to Rs 30,000, has to be paid to the bank.Net Result is a loss of Rs. 30,000 In this alternative we are able to meet the first criteria, i. e. the repayment to the farmers, but we are not able to meet the rest criteria II. Retain paddy stock till September/ October, and purchase fertilizer now: This criteria can give us good profit, but taking the current situation of VNACS which has already taken an over draft of Rs 5, 00,000 the bank is most likely will not provide an additional loan. The estimated additional cost to go ahead with this alternative is Rs 5, 68,000. Estimated additional cost in Rupees|Cost to buy 2000 bags of fertilizers = 5,00,000| Cost to insure both fertilizer and paddy stock = 40,000| Labour and equipment cost = 25,000| Rent paid for storage of fertilizer stock = 3,000| Total = 5,68,000| Even though we can gain good return s from this alternative, it is very improbable to mobilize such huge amount, give the conditions. III. Retain paddy stock till September/ October, but do not purchase fertilizer. In this alternative the cash reserve of Rs 5 lakh will be used to repay the procurement cost of paddy i. e.Rs 5 lakh to the farmers which is due for 31st march. We will retain the paddy stock till September/ October, and we would not buy any fertilizer. The minimum safe estimated market price of 100 tons of paddy stock would be Rs 6 lakh. Immediate cost in this alternative will be to insure the paddy stock for the coming year, which would cost us Rs 20,000. This amount can be easily negotiated with the bank, as Manager of the bank was happy with the operations of the Co-operative. Expenditure in Rupees| Cost of procured paddy = 5,00,000| Insurance cost = 20,000|Interest payable to bank = 29,167+ 26,000| Total expenditure = 5,76,000| Minimum expected market price of 100 tons of paddy in September/ October is Rs 6, 00,000. Net Result is a profit of Rs 24,833 In this alternative we are able to meet the first criteria, i. e. the repayment to the farmers. We can meet the second criterion that is to provide maximum benefit to the farmers, by providing the fertilizers at a cheaper price. The market price of fertilizer in September/ October will be Rs 300 per bag, and the society’s annual requirement is 2,000 bags, we can ubsidize each bag of fertilizer by Rs 10, which will cost the society Rs 20,000 that can met from the profit made, and remaining Rs 4,833 can be carried for next year in society’s cash account. An important point to be noted is we are considering the minimum market price observed at that time of the year, if the market price per ton of paddy is Rs 7,500 which has a probability of 25% the society would make huge profits, this profit can be utilized to provide more benefits to the farmer members.Some amount can be saved for future operations of the cooperative. I V. Sell paddy stock now, and purchase fertilizer now: In this alternative the cash reserve of Rs 5 lakh will be used to repay the procurement cost of paddy i. e. Rs 5 lakh to the farmers which is due for 31st march. Sell the paddy stock at current market price hence the current cash balance is Rs 5, 00,000 after selling paddy stock. The expenditure incurred to buy the fertilizer is Expenditure in Rupees| Cost to buy 2000 bags of fertilizers = 5,00,000| Insurance cost = 20,000|Labour and equipment cost = 25,000| Interest payable to bank = 29,167+26,000| Total expenditure = 6,00,167| The market price of fertilizer bag in September/ October is Rs 300, so the total revenue could be Rs 6 lakh, but during this period of six months there are losses of 5% in the total stock. The total revenue considering the losses is Rs 5, 70,000. Net result is a loss of Rs 30,167 In this alternative we are able to meet the first criteria, but failing to meet the rest all criteria. C) Decision: The 3rd alt ernative i. e. o retain paddy stock and not to buy fertilizer meets all the criteria, this alternative earns profit while the rest alternatives are making losses. Hence the 3rd alternative should be the decision of Mr. Agarwal. 3) Implementation: The 3rd alternative fulfills the objective of society with which it was formed that the larger intrest of the stakeholders should be served. This way society is able to pay the farmers the value to its produce as well as build corpus of the society without any significant risk involved. As discussed in the 3rd alternative Mr. Agarwal will retain the paddy stock till September/October