The concept of sky credit card Essay Example | Topics and Well Written Essays - 2000 words

The concept of sky credit card - Essay Example From the research it can be comprehended that aggressive marketing and easy availability of credit cards has resulted in credit cards being used to finance consumer purchases as a way of life. Research suggests that socialization as a consumer begins in infancy with children making their first purchase at the average age of eight years. There has been a change in attitude towards credit card which implies that consumers are more willing to use credit to finance their consumption. The widespread us of credit cards reflects the consumer preference for using credit cards and technological advancements have made it possible for the creditors to offer revolving credit. The credit card has allowed for convenience in purchasing but still one needs to go to the shops and cash machines to use the credit card. For the first time, Sky TV and Barclays have joined hands to introduce an interactive credit card known as Sky Credit Card which offers the convenience to make purchases right from the c omfort of the living room through the television. The users will be able to place the SkyCard in the second slot of their set-top boxes and through the remote control they can manage their accounts and make purchases. The attitude-behavior relationship in consumer finance differs from that in social settings. The consumers may have favorable attitudes towards borrowing but having low incomes poor credit history may impose constraints on the level of credit that they would like to enjoy.

Sales Management Essay Example | Topics and Well Written Essays - 1500 words - 5

Sales Management - Essay Example There is a growing body of evidences that argue about the nature of sales ethics and claims in to be oxymoron; however, another school of thought believe that sales ethics are practically followed within the business world and opposes the impression that these are only formal expressions of the company values to built its better image3. The following essay aims to discuss the general conception about the sales ethics that deem them as oxymoron. In this regard, the essay also explores different situations where the sales personnel have to decide whether to practically follow the described ethical values and principles of their company or prefer the interest of company in terms of increasing sales volume. The essay basically opposes the notion that sales ethics are oxymoron and provides the arguments to support this standpoint. The essay strives to explain how sales ethics can act beyond the formal descriptions to support the products and companies’ image. At present there are large inspections about the companies’ business that puts pressure upon them to fulfil the ethical requirements and follow the basic ethical principles. These principles ought to be straight forward, reasonable and clear so that the companies could deliver the same values to the customers. The companies are expected to respect these values because it is generally accepted notion that the societies giving due attention and value to these principles can prosper and develop significantly. Hence, the issue of the fulfilment of the ethical values becomes very important in this scenario and the companies have to draw a clear line between the theory and practice of the ethical values4. The customers of today’s technology driven world have more choices in front of them as compared with the consumers of the past. The international availability of products options have made them more demanding and

Benefit of school vs traditional college Essay Example for Free

Benefit of school vs traditional college Essay Technology and specifically ICT has permeated virtually all sectors of life including education. Traditional schooling is being replaced at an unprecedented rate. These days most professionals prefer to take courses online rather than attend school physically. The reasons behind this trend range from convenience, greater options, multitasking, and reduced cost among others. Often, this kind of schooling has been criticized because skeptics argue that the socialization aspect of schooling is cut off from schooling experience. Additionally, this technique has cost many people their jobs and means of livelihood. For instance, the cooks, secretaries, security personnel and such like. What’s more, this technology is still new to many people and naturally, resistance to adopt it is commonplace. However, I feel that despite the negatives associated with e-schooling, the benefits far out ways the costs and hence, my stance on the subject remains that school should be reinforced. To begin with, my community benefits greatly from e-schooling in the sense that, it enable re-schooling among adults who felt ashamed to go back to a traditional college to complete a degree. This is especially the case for people who had dropped out of high school or college. Nowadays, it is possible for them to earn degrees and diplomas while at home. This way they are able to multitask, say, baby sitting and learning In addition, collaboration between teachers and students has never been easier than with e-schooling. A wide range of digital resources, online libraries online tests, emails, videoconference and more are used to facilitate communication among stakeholders in the schooling system. Feedback on one-on-one basis makes school just as effective if not more to traditional college. Schooling to a marginal extent is cheaper than the traditional college. This has increased access to education for the economically challenged people in my community. Notably, the best colleges and universities are located in major cities, say, New York LA and so on meaning that the rural areas are sidelined from access to these colleges. The advantage of e-schooling is that these people now have a chance to get degrees and diplomas from these prestigious colleges without relocating from their home area. The costs of education have also been halved owing to technology of schooling. (Holmes Gardner, 2006) Personally, schooling has had both direct and indirect impacts in my life. Prior to the introduction of e-schooling, I used to find that the schooling duration was too long. I wanted to get my degree as fast as possible. With the introduction of e-schooling, I am able to accelerate my program such that I get a full credit course in one semester. Most people in my community are using similar approach and it has worked well. Moreover, I have more control and independence over my learning skills. The experience of taking a course online can be life changing. I have learnt to be more responsible of my time. Last summer I was able to take up an AP course that was not available in our site and my friend has explored a learning opportunity that was not schooling in our site. Generally, I believe that schooling has enriched not only my life but also the lives of the people in my community. (www. ucet. ac. uk/ ) In the community where I come from, people are athletic and get involved so much with games and sport to an extent that it becomes very difficult to manage an 8-hour school program and sports. E-schooling has curbed this problem by giving the students flexibility and independence to decide how they want to structure learning hours. For some they access learning material in morning hours while others prefer to do that late in the night. At the end of the day, whichever style used, people earn degrees. Alternatively, enrolment to e learning is fast and hassle free. Most people can attest to the pressure experienced during enrolment days in college. With online schooling, this problem has been erased. I would like to share the experience of my cousin who got involved in an accident. Subsequently, her two legs were amputated making it a challenge to move around in clutches. The option of e-schooling has benefited my homebound cousin and in few weeks, she graduates with a diploma from a distant college. Other disabled people from my community have also benefited from schooling. (http://aasd. k12. wi. us/eSchool/whyecourses. htm. ) Other benefits arising from schooling is students with unique cases or reasons for being away from school benefit from e-learning e. g. teenage mother s, terminally sick students participating in foreign exchange programs, resist, and self supporting students who juggle between work responsibilities and learning Briefly, schooling is a great advancement in the education sector. The outstanding features attributed to schooling are the flexibility and affordability of the schooling concept. Reflecting on the benefits that I have witness at a personal level and within my community, I believe traditional colleges will be phased out as more and more people embrace e-schooling for its benefits. A word of caution though, policies and regulations need to be clearly set to ensure that schooling achieves fundamental purpose of schooling. Additionally, students and educators need to e empowered on how to maximize use of digital resources and online technologies in order to reap benefits of schooling.

Star Newspaper Business Study

Star Newspaper Business Study COMPANY BACKGROUND Companys history The Star was first published regionally in George Town, Penang on the 9th of September, 1971. The Star went to become a national newspaper on Jan 3, 1976, when it set up an office in Kuala Lumpur. To adapt a growing staff and a new press incorporating the latest technology, it moved its headquarters from Kuala Lumpur to its present premises in Petaling Jaya in 1981. The Star created histor y on June 23, 1995 when it became the first Malaysian newspaper and the third in Asia to launch a World Wide Web edition. In addition to that, The Star also achieved a new milestone in its corporate history in the same year by being listed on the Main Board of the Kuala Lumpur Stock Exchange. In the year 2000, The Star relocated in stages to its very own 17 storey premises, Menara Star in Section 16, Petaling Jaya. In January 2002, The Stars new printing plant, Star Media Hub was officially opened by the Deputy Prime Minister of Malaysia, YAB Dato Seri Abdullah bin Haji Ahmad Badawi in Shah Alam, Selangor. The Star also has a new office and printing plant, Star Northern Hub in Bayan Lepas, Penang. About The Star and Sunday Star The Star weekday paper is packaged as a 4-in-1 paper, comprising the Main Paper, StarBiz and StarTwo. The Main Paper covers the latest in regional, national and as well as international news while StarBiz offers a comprehensive coverage of local and international financial news such as market trends, financial reports and latest market updates. StarTwo features articles on lifestyle, entertainment, health, parenting, social issues and et cetera. Every Sunday, there is an additional section known as Sunday Star. For the Sunday Star, it covers current local and as well as worldwide news. Apart from that, Sunday Star also contains an educational section where careers, further education, exams tips and various comments are featured within. Board of Directors The current Executive Deputy Chairman of Star Publications (Malaysia) Berhad is Dato Clement Hii Chii Kok whereas the Group Managing Director / Chief Executive Officer is Datin Linda Ngiam Pick Ngoh. There are two Executive Director in the company which is Tan Sri Datuk Seri Kamal Mohamed Hashim and Mr. Ng Beng Lye. And the Group Editorial / Education Advisor is Dato Ng Poh Tip. Groups Financial Highlights The revenue of the company as at 31 December 2008 is RM 831,040,000. Profit before tax is RM201, 463,000 whereas the profit after tax is RM138, 701,000 which show that the tax expense is RM 62,762,000. Political and Legal Environment There is one law in Malaysia that protects media freedom that is Article 10 of the Constitution. It also notes that there are limits to this freedom, and that these limits are, generally, defined by the Government. The constitution provides freedom for speech of the press. However, some important legal limitations exist. According to the government, it forced restrictions on the media to protect national security, public order, and friendly relations with other countries. The law that provides legislation in the interest of security or public order may restrict freedom of speech. Example, Sedition Act prohibits public comment on issues sensitive such as racial and religious matters. Government used Sedition Act, Official Secrets Act, Printing Presses and Publications Act, criminal defamation laws, and other laws to limit and threaten political speech. As for Printing Presses and Publications Act, it requires local and foreign publications to apply annually to the government for a permit. This is to make publication of wicked news a punishable offense and authorized the minister of internal security to ban or restrict publications believed to threaten public order, morality, or national security. Besides, it also prohibits court challenges to delay or revocation of publication permits. According to the government, these conditions make sure that the media did not spread twisted news and were necessary to preserve harmony and promote peaceful in a multiracial country. Criminal defamation is punishable by a maximum of two years in jail, a fine, or both. This is along with the government power over annual license renewal and other policies inhibited independent or investigative journalism and resulted in widespread self-censorship. Government had banned some foreign newspapers and magazines and, occasionally, covered up foreign magazines or newspapers. Furthermore, you could point to the guarantees under the Communications and Multimedia Act (CMA) if you want to impress the crowd which covers broadcasting and Internet. The guarantees under this act are no monopoly or oligopoly control of the airwaves and nothing in the Act is to be regarded as censorship of the Internet. No monopoly or oligopoly control of the airwaves is that no group of companies should own enough of the radio and television stations to prevent listeners and viewers from having a choice of material. So far is all good but they have not seen it put into practice as yet. As for censorship of the Internet, it is a bit more of a problem. Although there is not any censorship or control of the Internet under this Act, doesnt mean there isnt any censorship of the Internet. Internet access was widely available and internet subscriptions totalled approximately 13.5 million at the end of 2006. However, criminal offence and preventive detention laws generated some self censorship from local Internet content sources. Examples are bloggers, Internet news providers and NGO campaigners. The Malaysian Communications and Multimedia Commission (MCMC) shut down 11 Web sites for breaking rules and regulations concerning the publication of information on the Internet. Neither the MCMC nor the government released the names of the 11 Web sites. The CMA requires certain Internet and other network service providers to obtain a license. Previously, the government stated that it did not intend to enforce controls on Internet use but that it would punish the misuse of information technology. The CMA permits punishment of the owner of a Web site or blog for allowing content of a racial, religious, or political nature that a court deems offensive. Besides that, almost all the newspaper companies are under a political control. This is where the politician uses the publications to spread their news to the public. The biggest press group was Media Prima which is owned by Malaysia Resources Corporation Berhad which has close ties with the ruling United Malays National Organization (UMNO) and government. Media Prima owns the leading English-language newspaper The New Straits Times, the second biggest Malaysia-language paper Berita Harian, Malay Mail, Harian Metro and the ShinMin Daily News. In addition, Media Prima owns four terrestrial TV channels. However, the acquirement of Nanyang from MCA two years ago which is 2005 has since setup its monopoly in Chinese media. Sin Chew Media Group was being owned by the timber tycoon, Tiong Hiew King. He already corners about 90% of the Chinese language newspaper market, with his control of Sin Chew ,which publishes Sin Chew Daily and Guang Ming Daily, and Nanyang Holdings, which has Nanyang Siang Pau and China Press. As for The Star, it was owned by MCA while MIC owned Malaysia Nanban. Economic environment 2009 will bound to be a very challenging year for Malaysia, although Malaysias economy is holding up pretty well this year. The first half of 2009 is expected to be a very tough period for Malaysia. The impact on Malaysia this year has somehow been cushioned but many are beginning to feel the economic downturn towards the year-end. Since the beginning of the global economic crisis, much has been said and published about its economic and financial impact, but relatively little has been said about the socio-economic impact. While it is not difficult to observe the direct and often immediate unpleasant social impact of the crisis, little is known about their indirect and long-term effect on the countrys human development and social capital potential which are increasingly acknowledged in developing economies as a critical factor for sustainable development. Economic pressures are becoming the primary forces determining the behaviour of Malaysian newspaper companies. It is increasingly clear that the responses of some newspaper managers are affecting journalistic quality, producing practices that reduce the social value of newspaper content and that redirect the atten ­tion of newspaper workforce from journalism to activities primarily related to the business interests of the press. This situation has promoted encouraged self-interested behaviour aimed at exploiting market potential, and there is a growing conflict between the role of newspapers as servants of readers and the exploitation of readers to seek additional com ­mercial gain. It should not be surprising that the public increasingly sees the press as just another business that is more concerned with its own economic interests than with the broader interests of those it purports to serve. This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent. The graph above shows the overall performance of Malaysian in economy. We can see the economy started to drop from the middle for second quarter of 2008 till 2009. (Source: CIA World Fact book, September 17, 2009) The print media is already feeling the pinch of the economic downturn. Newspaper adex has fallen for four consecutive months from October to January 2009. In January, newspaper adex declined 4% year on year to RM258.6 million while total adex for the media industry as a whole (TV, radio and print) inched up 2% year to year. This means that newspaper companies suffered a bigger blow than other media channels. As an open economy, Malaysia was badly affected by the global financial crisis and economic downturn. The major decline in exports, in turn, affected domestic demand. Thus, economic growth contracted 6.2% in the first quarter of 2009. However, the decline narrowed to 3.9% in the second quarter, assisted by speedy and effective operation of stimulus packages as well as monetary easing. Economic performance is expected to improve in the second half of the year, supported by counter-cyclical measures and reinforced by stabilization in the global economic environment. As such, the economy is expected to turn around in the fourth quarter, though for the year it is estimated to contract 3%. The current environment exists as the Malaysian newspaper industry faces an uncertain future because of inactive markets, increasing competition from other media for audience attention, use by progressively smaller portions of the population and changes in advertiser media choices. It is a common view that the newspaper business is elastic because people read the papers every day, regardless of the economic climate. People want to know the latest happenings in good times and bad. It is expected to see a slowing down in adex in this year, 2009, with the absence of any major events, together with the weakening economic climate. The lower economic growth forecast has an effect on the newspaper industry including advertising. Last years growth was driven by worldly TV adex (up 20%), newspaper (8%), radio (21%) and point-of- sale (28%). Malaysia Advertising Expenditure Trends Year 1997 to 2008 Circulation Generally, there is a total newspaper circulation rise since 1998. The actual figure in appendix for 2008 should have rose higher though if the data from Nanyang, Malay Mail and Weekend Mail are included. Newsprint has not dead yet and will co-exist with online media. The circulation growth has been steadily all these years which contributed by the increase of the population and the knowledge of society. There are a few online news portals which without print circulation have been gaining huge popularity since last year. This creating a strong competition in online space compared to the print circulation. In English newsprint, The Star is still far ahead of everyone. As for The Sun, it considers that it offers free controlled circulation. Competition in Malay circulation is only reserved for the big three which similar to the online scenario shown in figure 2 at appendix. Harian Metro is gaining popularity in recent years. This had posed a challenged to Utusan Malaysias top position. Another famous trend in the Malay segment is newspaper sales on weekends are generally much higher than working days. Societal About three million Malaysians visited local online news portals daily in March this year, compared with 2.5 million in the same month last year, according to comScore Media Metrix (digital marketing research company). While the figures quoted in May edition of OnMedia, OmicomMediaGroups industry newsletter, were based on average daily readership for the online news sites over the past year from March 2008 to February 2009. In total, the average daily readership for local news portals for that period was about 2.8 million. Malaysiakini led online English news sites with 91,943 average daily visitors over the past year. In second place was The Star Online with 74,417 readers a day. Malaysia-Today.net registered 12,948 readers daily, putting it in third place. The New Straits Times Online came in fourth with an average of 16,871 readers a day. However, in fifth place was theedgedaily.com, the website of The Edge Malaysia, which averaged 3,844 readers daily over the past year. However, according to Google Analytics which monitors online site traffic, since its relaunch in March this year as theedgemalaysia.com, the site has averaged around 14,000 readers daily. For the Malay-language online portals, Utusan Malaysia Online led with an average daily readership of 70,641 over the past year. It was followed by Berita Harian Online which averaged 55,764 readers a day for the past year. myMetro (the website of Harian Metro) averaged 51,767 readers daily, placing it third. ChinaPress dotCom was the most popular of the Chinese-language online news portals with an average of 29,950 readers a day. It was closely followed by nanyang.com which averaged 27,168 a day, and Sinchew-i which received an average of 23,779 readers a day. Key points that emerged from the study, if price were not a factor and if their choice was restricted to paper, online, e-paper and mobile devices. Sixty-nine percent (69%) of respondents would pick traditional newspapers as their first choice for news consumption. While, twenty-nine percent (29%) would make online sources their first choice, with the remaining twenty percent (2%) opting for e-paper or mobile devices first. The gap between traditional newspapers and online was, however, significantly smaller for younger respondents. Both consumers and advertisers have demonstrated a willingness to pay more for high value, topic-specific publications than they would for newspapers providing general news only, wrote authors Marieke van der Donk and Marcel Fenez in the reports executive summary. Financial readers were willing to buy financial online content for 97% as much as they would pay for a traditional paper. Meanwhile, sports fanatics would pay as much as 77% as they would for a traditional paper, for an online edition that focused on sports. The study showed newspapers are still the major sources of news and information for consumers, with survey respondents listing almost equally television, the Internet, and newspapers (free and paid) as their main source of news and information. Moreover, all 4,900 respondents were willing to pay for the general print news content. This is not to say that newspapers should not make the move online, said the report. Over 60% of respondents were willing to pay for general online news. Furthermore, based on the reports findings, a key future trend is the willingness of younger readers to pay for online content. According to the report, newspapers have been able to earn readers trust and loyalty, thus giving them the opportunity to both lead and follow audiences as they migrate online and into the use of portable electronic media like mobile devices. It also noted that although the rapid adoption of the Internet and mobile technology have created a market for mobile devices, especially for those under 35, they are low on the list of preferences for accessing information because of the difficulty of reading content on these devices. Malaysians are not giving up newspapers for the Internet. This research based on the data sourced from Nielsen Media Index from 2006 to 2008. It shows that newspaper consumption levels held steady all through 2008 despite the rise in Internet consumption. Malaysian newspaper consumption holds steady despite Internet. Its written by Emily Tan, Tuesday, 01 September 2009 at 11:24.While the average time a Malaysian spends online has increased by 24% from three hours a day in 2006 to three hours and 46 minutes a day in 2008, the average time spent reading a newspaper has held steady at 49 minutes in the same time span. There is no sign that Malaysians are shifting from newspapers to the Internet, said the report published in PHDs August newsletter — PHD Pioneering. PHD is a media service agency under the Omnicom Media Group. The PHD study found that Malaysians over the age of 30 spend more time reading newspapers and its about 50 minutes daily, while the teenagers and young adults read for about half an hour on average per day. A few online news portals that without print circulation have been gaining a huge popularity since last year, creating a stiff competition in online space compared to the print circulation. As for English newsprint, The Star is still well ahead of everyone, considering The Sun offers free controlled circulation. Newspaper readership in Peninsular Malaysia for the fourth quarter of last year (4Q08) grew about two percentage (2%) points to 55% from 52.9% in the same period in 2007, possibly in tandem with population growth of those aged 15 and above. Bahasa dailies seemed to have gained the most from the slight increase in newspaper readership, growing from 26.8% to 29.3% in the fourth quarter. English dailies saw marginal growth of 0.3 percentage point while Chinese and Tamil dailies saw a drop of 0.2 and 0.4 percentage point correspondingly. This is written by Aznita Ahmad Pharmy, Thursday, 05 March 2009, at 17:44. Technology On the other hand, the media industry is challenged by the rapidly changing environment, birth of new digital technologies and advertising money diverting to new media platforms on the internet. The local media industry has yet to capitalize on the full potential of the internet which will remain the fastest and the next powerful media platform, globally. Largely driving this change is technological development but the industry is also being affected by the impact of globalization of media ownership, the phenomenal growth of the internet, and other ambient media such as outdoor, point of sale, television, bus and taxi sites. The process of creating media strategies has become more complex and dynamic with the introduction of very highly developed software designed to optimize media selection against an unending range of criteria. There is a growing movement away from the use of simple age sex demographics for most media assumptions and an increasing appreciation of the need for a more holistic understanding of current and potential customers, including characteristics such as media usage, buyer behaviour, attitudes, lifestyles and interests. According to Nielsen Media Index, while mainstream media continues to control the Malaysian media scene, the internet is fast catching up. There was a double growth in internet penetration which reaching up to two out of ten people compared to five years ago. The executive director for Nielsen Media Research Malaysia, Andrea Douglas said that internet will become a more important part of the media mix with its continuous growth in the market. She added that Malaysians are decided to go on online news for faster and constant updates. This can be seen by the 35% growth in online newspaper readership over a year, reaching one million readers. Those who only read news online exclusive online newspaper readers, it grew from 55,000 to 70,000 in 2008. The index signified a 21% increase in internet users with almost four out of ten users spending one to two hours on the internet every day. Increasing internet penetration goes hand-in-hand with increased Internet usage. However, news seekers have not abandoned the traditional medium as nine in 10 readers still obtain their news through a hard copy. Apart from more common features such as email, surfing and information gathering, the popular activities for citizen are online TV/music/games (47%), followed by message/chat/blogging (45%) and reading newspaper/magazines (35%). Within the Top 10 categories, nine categories advertised online but the spending only between less than 1% and 3% of the total budget online. Newspaper industry players have to constantly evolve themselves to stay ahead by improving technology and addressing readers preferences. The second Finance Minister, Tan Sri Nor Mohamed Yakcop urged the industry to play actively its role by involving themselves in developing the digital medium instead of ignoring it. He said it in his keynote address at the Malaysian Newspaper Publishers Association forum. Nor Mohamed said that with the online global reach, publish news about the countrys development became faster and easier. He added that to promote Malaysia as a developing and stable nation to potential foreign investors, information reported must be accurate. This image would be able to attract more foreign investments and visitors in Malaysia. As for Group M chief executive officer, Henry Tan said that as technology drove change, consumers, media, media agencies and clients were changing as well. New generation was created by new technology while new media structure and ownership will strengthen competition. The role of media agencies has expanded to more than just planning and buying media spots. Agencies also have to recognize changes in clients and deal with each one differently. Dow Jones Asia-Pacific sales director, Mark Hollands said change was not uncommon in the print media which comprised it to be better and more efficient. Potential new revenue stream and the branding improvement from a strong online presence in the combination of global trend, these have seen that local traditional news organizations begin to put more resources on the online platform. Besides, they also hired people who recognize the benefits of Web 2.0 applications such as social networking site Facebook, and Twitter, the so-called SMS of the Internet. The growing popularity of online news sites where readers can read for free is one reason decision-makers at traditional news organizations find it very hard to raise cover prices for their printing product. A drop in circulation numbers directly impacts the advertising rate which a publication commands. According to the On Media newsletter, the circulation numbers from Nielsen Media Research signified online news portals have not affected print newspaper that much though online readership has increased rapidly over the past year. At present, online news sites still do not enjoy the level of loyalty and commitment shown by readers to newsprint. Online readership tends to change based on economic, political and social events, said the newsletter. Based on Nielsen Media Research and Com Score, the newsletter concluded that readers spend less time reading online news than print. About three million Malaysians visited local online news portals daily in March this year, compared with 2.5 million in the same month last year according to ComScore Media Metrix, a digital marketing research company. The average daily readership for local news portals for that period was about 2.8 million. Malaysiankini led online English news sites average daily visitors over the past year. As for The Star Online was placing second. Utusan Malaysia Online led Malay-language online followed by Berita Harian Online. As for the Chinese-language online news portals, ChinaPress dotcom was the most popular. There are more on societal changes. Managing director of Omnicom Media Group, Andreas Vogiatzakis said that newsprint have little to fear from online news portals. He said that newspapers must learn to pull on their online portals to add value and enhance their offerings to the consumer. The industry has seen a decline in newspaper adex over the past three years, from 58% in 2006 to 54% 2008 said the Nielsen Co Malaysia executive director Andrea Douglas. She said that the reasons for these changes are difficult to said but some categories have changed their spending patterns. There has been a decline in residential ad spending due to the economic downturn and this category is almost fully print advertising. The web has introduced new advertising potential and new media that could be eroding the traditional print share. According to Nielsen Media Research, newspaper in Malaysia has a mainly younger readership, with 65 per cent below 40 and 35 per cent of its readers are above 40 years. Percentage of newspaper readership between 20-29 age is the highest while the age between 50-54 is the lowest percentage of newspaper readership. According to Nielsen Media Research, newspaper in Malaysia has a mainly younger readership, with 62 per cent below 40 and 38 per cent of its readers are above 40 years. Percentage of newspaper readership between 20-29 age is the highest while the age between 50-54 is the lowest percentage of newspaper readership. The readership of age above 55 years old in 2006 increases 3.5% compared with the readership of age 55 years old in 2005. The old generation between the age of 55 and above are still enthusiastic supporters of newspapers while the younger generation appear to be much in tune with computers and the internet. The newspapers are not only challenged by online websites but also the electronic media having regular updates in the news bulletin. Many youngsters enjoyed reading serious news on the internet rather than from the newspapers. Hence, newspaper publisher should focus on public from the age of 55 and above. According to a statistic from Department of Statistics, Malaysia, the population of Malaysia is increasing. The population of age 15 and below is decreasing every year. The decreasing rate of year 2002 to 2004 is 0.3% whereas the decreasing rate of year 2005 to 2008 is 0.2%. The population of age 64 and above is increasing every year by 0.1 % except for the year 2005 and 2006 which remain same at 4.3%. The same pattern of readership frequency could also be observed among the respondents with different educational backgrounds. According to The Public Awareness of Science and Technology Malaysia 2000, the frequency of newspaper readership continued to be the highest among those with tertiary education where 60.0% of them read the newspaper daily. This was followed by those with secondary education (44.1%) with the lowest frequency (28.1%) among those with primary or lower education. In terms of locality, The Public Awareness of Science and Technology Malaysia 2000 also revealed that 49.3% of the urban respondents read the newspaper daily compared to those in rural areas (39.8%). On the frequency of readership, the opposite situation could also be observed in the other categories (a few times a week, once a week, or seldom). For example, about one-third (32.1%) of the rural respondents and similarly about 34.4% of the urban respondents read newspapers only a few times a week. Identify the rivalry currently exists in the industry in which the company is operating. Are there many competitor or just a few competitor or no competitor? There are many competitors around Star Publication. For instance, Berita Harian, Guang Ming Daily, Sin Chew Jit Poh, The Sun Daily, Utusan Malaysia, and also New Straits Times. The largest Star Publication newspaper competitor is the New straits Times. The sell recommendation of analysts on Star Publications (M) Bhd are the countrys largest and most profitable print media group and as well as other media stocks, such as Media Chinese International Ltd and The New Straits Times Press (M) Bhd, shows the current negativity on the industrys earnings prospects in the coming quarters, if not years. The Nielsen Media Report shows that Stars gross adex dived 20.6% y-o-y in January. Citi Investment Researchs analyst Alyson Shin has noticed that the page count for classified advertisements, which make up 25% of Stars advertising revenue, has fallen 33% to 40 pages from 60 pages in better times. Alyson Shin mention that Star has raised its advertising rates by an average 4% for both classified and display advertisements for the heavier days which is Wednesday to Saturdays. However, this is unlikely to be sufficient to offset the drop in adex in FY (Financial Year) 2009. Factoring in the 4% ad rate hike, we still forecast adex to contract 12% in FY2009, Alyson Shin comments in a February research report. Over the past two decades, Star has grown by shooting up and bounds in terms of earnings as well as manpower, after its English daily, The Star, overtook its main rival New Straits Times. The groups fixed operating costs have blown up. Its total operating costs that inclusive of printing and the newsprint have been above RM600 million in the past three years. This ascend to RM651.2 million in FY (financial year) 2008 versus revenue of RM831 million and net profit of RM138.9 million. The high fixed cost structure is a blessing for the group when advertisers are fighting for space in the newspaper because of the profit margin is getting bigger as the advertisement relative amount rises. Star has been the case this for over the past 10 years. It is the countrys most profitable newspaper with a handsome pre-tax profit margin of 24.2%, compared with its rival NST (New Strait Times) which manages only 9.5%. NSTP lost much of its thump over the past 25 years, especially on two separate occasions. During Operasi Lalang in October 1987, Star Publications (M) Bhds licence was revoked under a plan to crack down on the opposition leaders and social activists. After Star got back its licence, its readership and circulation surged. According to Nielsen Media Research, as at end-2008, NSTPs flagship newspaper New Straits Times had a readership of 308,000 while New Sunday Times readership stood at 263,000. As at end-June last year, New Straits Times circulation, according to the Audit Bureau of Circulation, stood at 136,530 while that of New Sunday Times was 156,910. These figures cannot rival that of its main competitor, Star Publications, which had a readership of more than one million for both its daily and Sunday paper. Stars circulation was over 300,000 daily. Are the products/ services offered by company very much different from its competitors in terms of price/feature/others. KUNTUM An educational monthly in Bahasa Malaysia for children ages 6 to 12. In keeping with its Learning is Fun motto, the Kuntum Club organises many fun activities and ho Star Newspaper Business Study Star Newspaper Business Study COMPANY BACKGROUND Companys history The Star was first published regionally in George Town, Penang on the 9th of September, 1971. The Star went to become a national newspaper on Jan 3, 1976, when it set up an office in Kuala Lumpur. To adapt a growing staff and a new press incorporating the latest technology, it moved its headquarters from Kuala Lumpur to its present premises in Petaling Jaya in 1981. The Star created histor y on June 23, 1995 when it became the first Malaysian newspaper and the third in Asia to launch a World Wide Web edition. In addition to that, The Star also achieved a new milestone in its corporate history in the same year by being listed on the Main Board of the Kuala Lumpur Stock Exchange. In the year 2000, The Star relocated in stages to its very own 17 storey premises, Menara Star in Section 16, Petaling Jaya. In January 2002, The Stars new printing plant, Star Media Hub was officially opened by the Deputy Prime Minister of Malaysia, YAB Dato Seri Abdullah bin Haji Ahmad Badawi in Shah Alam, Selangor. The Star also has a new office and printing plant, Star Northern Hub in Bayan Lepas, Penang. About The Star and Sunday Star The Star weekday paper is packaged as a 4-in-1 paper, comprising the Main Paper, StarBiz and StarTwo. The Main Paper covers the latest in regional, national and as well as international news while StarBiz offers a comprehensive coverage of local and international financial news such as market trends, financial reports and latest market updates. StarTwo features articles on lifestyle, entertainment, health, parenting, social issues and et cetera. Every Sunday, there is an additional section known as Sunday Star. For the Sunday Star, it covers current local and as well as worldwide news. Apart from that, Sunday Star also contains an educational section where careers, further education, exams tips and various comments are featured within. Board of Directors The current Executive Deputy Chairman of Star Publications (Malaysia) Berhad is Dato Clement Hii Chii Kok whereas the Group Managing Director / Chief Executive Officer is Datin Linda Ngiam Pick Ngoh. There are two Executive Director in the company which is Tan Sri Datuk Seri Kamal Mohamed Hashim and Mr. Ng Beng Lye. And the Group Editorial / Education Advisor is Dato Ng Poh Tip. Groups Financial Highlights The revenue of the company as at 31 December 2008 is RM 831,040,000. Profit before tax is RM201, 463,000 whereas the profit after tax is RM138, 701,000 which show that the tax expense is RM 62,762,000. Political and Legal Environment There is one law in Malaysia that protects media freedom that is Article 10 of the Constitution. It also notes that there are limits to this freedom, and that these limits are, generally, defined by the Government. The constitution provides freedom for speech of the press. However, some important legal limitations exist. According to the government, it forced restrictions on the media to protect national security, public order, and friendly relations with other countries. The law that provides legislation in the interest of security or public order may restrict freedom of speech. Example, Sedition Act prohibits public comment on issues sensitive such as racial and religious matters. Government used Sedition Act, Official Secrets Act, Printing Presses and Publications Act, criminal defamation laws, and other laws to limit and threaten political speech. As for Printing Presses and Publications Act, it requires local and foreign publications to apply annually to the government for a permit. This is to make publication of wicked news a punishable offense and authorized the minister of internal security to ban or restrict publications believed to threaten public order, morality, or national security. Besides, it also prohibits court challenges to delay or revocation of publication permits. According to the government, these conditions make sure that the media did not spread twisted news and were necessary to preserve harmony and promote peaceful in a multiracial country. Criminal defamation is punishable by a maximum of two years in jail, a fine, or both. This is along with the government power over annual license renewal and other policies inhibited independent or investigative journalism and resulted in widespread self-censorship. Government had banned some foreign newspapers and magazines and, occasionally, covered up foreign magazines or newspapers. Furthermore, you could point to the guarantees under the Communications and Multimedia Act (CMA) if you want to impress the crowd which covers broadcasting and Internet. The guarantees under this act are no monopoly or oligopoly control of the airwaves and nothing in the Act is to be regarded as censorship of the Internet. No monopoly or oligopoly control of the airwaves is that no group of companies should own enough of the radio and television stations to prevent listeners and viewers from having a choice of material. So far is all good but they have not seen it put into practice as yet. As for censorship of the Internet, it is a bit more of a problem. Although there is not any censorship or control of the Internet under this Act, doesnt mean there isnt any censorship of the Internet. Internet access was widely available and internet subscriptions totalled approximately 13.5 million at the end of 2006. However, criminal offence and preventive detention laws generated some self censorship from local Internet content sources. Examples are bloggers, Internet news providers and NGO campaigners. The Malaysian Communications and Multimedia Commission (MCMC) shut down 11 Web sites for breaking rules and regulations concerning the publication of information on the Internet. Neither the MCMC nor the government released the names of the 11 Web sites. The CMA requires certain Internet and other network service providers to obtain a license. Previously, the government stated that it did not intend to enforce controls on Internet use but that it would punish the misuse of information technology. The CMA permits punishment of the owner of a Web site or blog for allowing content of a racial, religious, or political nature that a court deems offensive. Besides that, almost all the newspaper companies are under a political control. This is where the politician uses the publications to spread their news to the public. The biggest press group was Media Prima which is owned by Malaysia Resources Corporation Berhad which has close ties with the ruling United Malays National Organization (UMNO) and government. Media Prima owns the leading English-language newspaper The New Straits Times, the second biggest Malaysia-language paper Berita Harian, Malay Mail, Harian Metro and the ShinMin Daily News. In addition, Media Prima owns four terrestrial TV channels. However, the acquirement of Nanyang from MCA two years ago which is 2005 has since setup its monopoly in Chinese media. Sin Chew Media Group was being owned by the timber tycoon, Tiong Hiew King. He already corners about 90% of the Chinese language newspaper market, with his control of Sin Chew ,which publishes Sin Chew Daily and Guang Ming Daily, and Nanyang Holdings, which has Nanyang Siang Pau and China Press. As for The Star, it was owned by MCA while MIC owned Malaysia Nanban. Economic environment 2009 will bound to be a very challenging year for Malaysia, although Malaysias economy is holding up pretty well this year. The first half of 2009 is expected to be a very tough period for Malaysia. The impact on Malaysia this year has somehow been cushioned but many are beginning to feel the economic downturn towards the year-end. Since the beginning of the global economic crisis, much has been said and published about its economic and financial impact, but relatively little has been said about the socio-economic impact. While it is not difficult to observe the direct and often immediate unpleasant social impact of the crisis, little is known about their indirect and long-term effect on the countrys human development and social capital potential which are increasingly acknowledged in developing economies as a critical factor for sustainable development. Economic pressures are becoming the primary forces determining the behaviour of Malaysian newspaper companies. It is increasingly clear that the responses of some newspaper managers are affecting journalistic quality, producing practices that reduce the social value of newspaper content and that redirect the atten ­tion of newspaper workforce from journalism to activities primarily related to the business interests of the press. This situation has promoted encouraged self-interested behaviour aimed at exploiting market potential, and there is a growing conflict between the role of newspapers as servants of readers and the exploitation of readers to seek additional com ­mercial gain. It should not be surprising that the public increasingly sees the press as just another business that is more concerned with its own economic interests than with the broader interests of those it purports to serve. This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent. The graph above shows the overall performance of Malaysian in economy. We can see the economy started to drop from the middle for second quarter of 2008 till 2009. (Source: CIA World Fact book, September 17, 2009) The print media is already feeling the pinch of the economic downturn. Newspaper adex has fallen for four consecutive months from October to January 2009. In January, newspaper adex declined 4% year on year to RM258.6 million while total adex for the media industry as a whole (TV, radio and print) inched up 2% year to year. This means that newspaper companies suffered a bigger blow than other media channels. As an open economy, Malaysia was badly affected by the global financial crisis and economic downturn. The major decline in exports, in turn, affected domestic demand. Thus, economic growth contracted 6.2% in the first quarter of 2009. However, the decline narrowed to 3.9% in the second quarter, assisted by speedy and effective operation of stimulus packages as well as monetary easing. Economic performance is expected to improve in the second half of the year, supported by counter-cyclical measures and reinforced by stabilization in the global economic environment. As such, the economy is expected to turn around in the fourth quarter, though for the year it is estimated to contract 3%. The current environment exists as the Malaysian newspaper industry faces an uncertain future because of inactive markets, increasing competition from other media for audience attention, use by progressively smaller portions of the population and changes in advertiser media choices. It is a common view that the newspaper business is elastic because people read the papers every day, regardless of the economic climate. People want to know the latest happenings in good times and bad. It is expected to see a slowing down in adex in this year, 2009, with the absence of any major events, together with the weakening economic climate. The lower economic growth forecast has an effect on the newspaper industry including advertising. Last years growth was driven by worldly TV adex (up 20%), newspaper (8%), radio (21%) and point-of- sale (28%). Malaysia Advertising Expenditure Trends Year 1997 to 2008 Circulation Generally, there is a total newspaper circulation rise since 1998. The actual figure in appendix for 2008 should have rose higher though if the data from Nanyang, Malay Mail and Weekend Mail are included. Newsprint has not dead yet and will co-exist with online media. The circulation growth has been steadily all these years which contributed by the increase of the population and the knowledge of society. There are a few online news portals which without print circulation have been gaining huge popularity since last year. This creating a strong competition in online space compared to the print circulation. In English newsprint, The Star is still far ahead of everyone. As for The Sun, it considers that it offers free controlled circulation. Competition in Malay circulation is only reserved for the big three which similar to the online scenario shown in figure 2 at appendix. Harian Metro is gaining popularity in recent years. This had posed a challenged to Utusan Malaysias top position. Another famous trend in the Malay segment is newspaper sales on weekends are generally much higher than working days. Societal About three million Malaysians visited local online news portals daily in March this year, compared with 2.5 million in the same month last year, according to comScore Media Metrix (digital marketing research company). While the figures quoted in May edition of OnMedia, OmicomMediaGroups industry newsletter, were based on average daily readership for the online news sites over the past year from March 2008 to February 2009. In total, the average daily readership for local news portals for that period was about 2.8 million. Malaysiakini led online English news sites with 91,943 average daily visitors over the past year. In second place was The Star Online with 74,417 readers a day. Malaysia-Today.net registered 12,948 readers daily, putting it in third place. The New Straits Times Online came in fourth with an average of 16,871 readers a day. However, in fifth place was theedgedaily.com, the website of The Edge Malaysia, which averaged 3,844 readers daily over the past year. However, according to Google Analytics which monitors online site traffic, since its relaunch in March this year as theedgemalaysia.com, the site has averaged around 14,000 readers daily. For the Malay-language online portals, Utusan Malaysia Online led with an average daily readership of 70,641 over the past year. It was followed by Berita Harian Online which averaged 55,764 readers a day for the past year. myMetro (the website of Harian Metro) averaged 51,767 readers daily, placing it third. ChinaPress dotCom was the most popular of the Chinese-language online news portals with an average of 29,950 readers a day. It was closely followed by nanyang.com which averaged 27,168 a day, and Sinchew-i which received an average of 23,779 readers a day. Key points that emerged from the study, if price were not a factor and if their choice was restricted to paper, online, e-paper and mobile devices. Sixty-nine percent (69%) of respondents would pick traditional newspapers as their first choice for news consumption. While, twenty-nine percent (29%) would make online sources their first choice, with the remaining twenty percent (2%) opting for e-paper or mobile devices first. The gap between traditional newspapers and online was, however, significantly smaller for younger respondents. Both consumers and advertisers have demonstrated a willingness to pay more for high value, topic-specific publications than they would for newspapers providing general news only, wrote authors Marieke van der Donk and Marcel Fenez in the reports executive summary. Financial readers were willing to buy financial online content for 97% as much as they would pay for a traditional paper. Meanwhile, sports fanatics would pay as much as 77% as they would for a traditional paper, for an online edition that focused on sports. The study showed newspapers are still the major sources of news and information for consumers, with survey respondents listing almost equally television, the Internet, and newspapers (free and paid) as their main source of news and information. Moreover, all 4,900 respondents were willing to pay for the general print news content. This is not to say that newspapers should not make the move online, said the report. Over 60% of respondents were willing to pay for general online news. Furthermore, based on the reports findings, a key future trend is the willingness of younger readers to pay for online content. According to the report, newspapers have been able to earn readers trust and loyalty, thus giving them the opportunity to both lead and follow audiences as they migrate online and into the use of portable electronic media like mobile devices. It also noted that although the rapid adoption of the Internet and mobile technology have created a market for mobile devices, especially for those under 35, they are low on the list of preferences for accessing information because of the difficulty of reading content on these devices. Malaysians are not giving up newspapers for the Internet. This research based on the data sourced from Nielsen Media Index from 2006 to 2008. It shows that newspaper consumption levels held steady all through 2008 despite the rise in Internet consumption. Malaysian newspaper consumption holds steady despite Internet. Its written by Emily Tan, Tuesday, 01 September 2009 at 11:24.While the average time a Malaysian spends online has increased by 24% from three hours a day in 2006 to three hours and 46 minutes a day in 2008, the average time spent reading a newspaper has held steady at 49 minutes in the same time span. There is no sign that Malaysians are shifting from newspapers to the Internet, said the report published in PHDs August newsletter — PHD Pioneering. PHD is a media service agency under the Omnicom Media Group. The PHD study found that Malaysians over the age of 30 spend more time reading newspapers and its about 50 minutes daily, while the teenagers and young adults read for about half an hour on average per day. A few online news portals that without print circulation have been gaining a huge popularity since last year, creating a stiff competition in online space compared to the print circulation. As for English newsprint, The Star is still well ahead of everyone, considering The Sun offers free controlled circulation. Newspaper readership in Peninsular Malaysia for the fourth quarter of last year (4Q08) grew about two percentage (2%) points to 55% from 52.9% in the same period in 2007, possibly in tandem with population growth of those aged 15 and above. Bahasa dailies seemed to have gained the most from the slight increase in newspaper readership, growing from 26.8% to 29.3% in the fourth quarter. English dailies saw marginal growth of 0.3 percentage point while Chinese and Tamil dailies saw a drop of 0.2 and 0.4 percentage point correspondingly. This is written by Aznita Ahmad Pharmy, Thursday, 05 March 2009, at 17:44. Technology On the other hand, the media industry is challenged by the rapidly changing environment, birth of new digital technologies and advertising money diverting to new media platforms on the internet. The local media industry has yet to capitalize on the full potential of the internet which will remain the fastest and the next powerful media platform, globally. Largely driving this change is technological development but the industry is also being affected by the impact of globalization of media ownership, the phenomenal growth of the internet, and other ambient media such as outdoor, point of sale, television, bus and taxi sites. The process of creating media strategies has become more complex and dynamic with the introduction of very highly developed software designed to optimize media selection against an unending range of criteria. There is a growing movement away from the use of simple age sex demographics for most media assumptions and an increasing appreciation of the need for a more holistic understanding of current and potential customers, including characteristics such as media usage, buyer behaviour, attitudes, lifestyles and interests. According to Nielsen Media Index, while mainstream media continues to control the Malaysian media scene, the internet is fast catching up. There was a double growth in internet penetration which reaching up to two out of ten people compared to five years ago. The executive director for Nielsen Media Research Malaysia, Andrea Douglas said that internet will become a more important part of the media mix with its continuous growth in the market. She added that Malaysians are decided to go on online news for faster and constant updates. This can be seen by the 35% growth in online newspaper readership over a year, reaching one million readers. Those who only read news online exclusive online newspaper readers, it grew from 55,000 to 70,000 in 2008. The index signified a 21% increase in internet users with almost four out of ten users spending one to two hours on the internet every day. Increasing internet penetration goes hand-in-hand with increased Internet usage. However, news seekers have not abandoned the traditional medium as nine in 10 readers still obtain their news through a hard copy. Apart from more common features such as email, surfing and information gathering, the popular activities for citizen are online TV/music/games (47%), followed by message/chat/blogging (45%) and reading newspaper/magazines (35%). Within the Top 10 categories, nine categories advertised online but the spending only between less than 1% and 3% of the total budget online. Newspaper industry players have to constantly evolve themselves to stay ahead by improving technology and addressing readers preferences. The second Finance Minister, Tan Sri Nor Mohamed Yakcop urged the industry to play actively its role by involving themselves in developing the digital medium instead of ignoring it. He said it in his keynote address at the Malaysian Newspaper Publishers Association forum. Nor Mohamed said that with the online global reach, publish news about the countrys development became faster and easier. He added that to promote Malaysia as a developing and stable nation to potential foreign investors, information reported must be accurate. This image would be able to attract more foreign investments and visitors in Malaysia. As for Group M chief executive officer, Henry Tan said that as technology drove change, consumers, media, media agencies and clients were changing as well. New generation was created by new technology while new media structure and ownership will strengthen competition. The role of media agencies has expanded to more than just planning and buying media spots. Agencies also have to recognize changes in clients and deal with each one differently. Dow Jones Asia-Pacific sales director, Mark Hollands said change was not uncommon in the print media which comprised it to be better and more efficient. Potential new revenue stream and the branding improvement from a strong online presence in the combination of global trend, these have seen that local traditional news organizations begin to put more resources on the online platform. Besides, they also hired people who recognize the benefits of Web 2.0 applications such as social networking site Facebook, and Twitter, the so-called SMS of the Internet. The growing popularity of online news sites where readers can read for free is one reason decision-makers at traditional news organizations find it very hard to raise cover prices for their printing product. A drop in circulation numbers directly impacts the advertising rate which a publication commands. According to the On Media newsletter, the circulation numbers from Nielsen Media Research signified online news portals have not affected print newspaper that much though online readership has increased rapidly over the past year. At present, online news sites still do not enjoy the level of loyalty and commitment shown by readers to newsprint. Online readership tends to change based on economic, political and social events, said the newsletter. Based on Nielsen Media Research and Com Score, the newsletter concluded that readers spend less time reading online news than print. About three million Malaysians visited local online news portals daily in March this year, compared with 2.5 million in the same month last year according to ComScore Media Metrix, a digital marketing research company. The average daily readership for local news portals for that period was about 2.8 million. Malaysiankini led online English news sites average daily visitors over the past year. As for The Star Online was placing second. Utusan Malaysia Online led Malay-language online followed by Berita Harian Online. As for the Chinese-language online news portals, ChinaPress dotcom was the most popular. There are more on societal changes. Managing director of Omnicom Media Group, Andreas Vogiatzakis said that newsprint have little to fear from online news portals. He said that newspapers must learn to pull on their online portals to add value and enhance their offerings to the consumer. The industry has seen a decline in newspaper adex over the past three years, from 58% in 2006 to 54% 2008 said the Nielsen Co Malaysia executive director Andrea Douglas. She said that the reasons for these changes are difficult to said but some categories have changed their spending patterns. There has been a decline in residential ad spending due to the economic downturn and this category is almost fully print advertising. The web has introduced new advertising potential and new media that could be eroding the traditional print share. According to Nielsen Media Research, newspaper in Malaysia has a mainly younger readership, with 65 per cent below 40 and 35 per cent of its readers are above 40 years. Percentage of newspaper readership between 20-29 age is the highest while the age between 50-54 is the lowest percentage of newspaper readership. According to Nielsen Media Research, newspaper in Malaysia has a mainly younger readership, with 62 per cent below 40 and 38 per cent of its readers are above 40 years. Percentage of newspaper readership between 20-29 age is the highest while the age between 50-54 is the lowest percentage of newspaper readership. The readership of age above 55 years old in 2006 increases 3.5% compared with the readership of age 55 years old in 2005. The old generation between the age of 55 and above are still enthusiastic supporters of newspapers while the younger generation appear to be much in tune with computers and the internet. The newspapers are not only challenged by online websites but also the electronic media having regular updates in the news bulletin. Many youngsters enjoyed reading serious news on the internet rather than from the newspapers. Hence, newspaper publisher should focus on public from the age of 55 and above. According to a statistic from Department of Statistics, Malaysia, the population of Malaysia is increasing. The population of age 15 and below is decreasing every year. The decreasing rate of year 2002 to 2004 is 0.3% whereas the decreasing rate of year 2005 to 2008 is 0.2%. The population of age 64 and above is increasing every year by 0.1 % except for the year 2005 and 2006 which remain same at 4.3%. The same pattern of readership frequency could also be observed among the respondents with different educational backgrounds. According to The Public Awareness of Science and Technology Malaysia 2000, the frequency of newspaper readership continued to be the highest among those with tertiary education where 60.0% of them read the newspaper daily. This was followed by those with secondary education (44.1%) with the lowest frequency (28.1%) among those with primary or lower education. In terms of locality, The Public Awareness of Science and Technology Malaysia 2000 also revealed that 49.3% of the urban respondents read the newspaper daily compared to those in rural areas (39.8%). On the frequency of readership, the opposite situation could also be observed in the other categories (a few times a week, once a week, or seldom). For example, about one-third (32.1%) of the rural respondents and similarly about 34.4% of the urban respondents read newspapers only a few times a week. Identify the rivalry currently exists in the industry in which the company is operating. Are there many competitor or just a few competitor or no competitor? There are many competitors around Star Publication. For instance, Berita Harian, Guang Ming Daily, Sin Chew Jit Poh, The Sun Daily, Utusan Malaysia, and also New Straits Times. The largest Star Publication newspaper competitor is the New straits Times. The sell recommendation of analysts on Star Publications (M) Bhd are the countrys largest and most profitable print media group and as well as other media stocks, such as Media Chinese International Ltd and The New Straits Times Press (M) Bhd, shows the current negativity on the industrys earnings prospects in the coming quarters, if not years. The Nielsen Media Report shows that Stars gross adex dived 20.6% y-o-y in January. Citi Investment Researchs analyst Alyson Shin has noticed that the page count for classified advertisements, which make up 25% of Stars advertising revenue, has fallen 33% to 40 pages from 60 pages in better times. Alyson Shin mention that Star has raised its advertising rates by an average 4% for both classified and display advertisements for the heavier days which is Wednesday to Saturdays. However, this is unlikely to be sufficient to offset the drop in adex in FY (Financial Year) 2009. Factoring in the 4% ad rate hike, we still forecast adex to contract 12% in FY2009, Alyson Shin comments in a February research report. Over the past two decades, Star has grown by shooting up and bounds in terms of earnings as well as manpower, after its English daily, The Star, overtook its main rival New Straits Times. The groups fixed operating costs have blown up. Its total operating costs that inclusive of printing and the newsprint have been above RM600 million in the past three years. This ascend to RM651.2 million in FY (financial year) 2008 versus revenue of RM831 million and net profit of RM138.9 million. The high fixed cost structure is a blessing for the group when advertisers are fighting for space in the newspaper because of the profit margin is getting bigger as the advertisement relative amount rises. Star has been the case this for over the past 10 years. It is the countrys most profitable newspaper with a handsome pre-tax profit margin of 24.2%, compared with its rival NST (New Strait Times) which manages only 9.5%. NSTP lost much of its thump over the past 25 years, especially on two separate occasions. During Operasi Lalang in October 1987, Star Publications (M) Bhds licence was revoked under a plan to crack down on the opposition leaders and social activists. After Star got back its licence, its readership and circulation surged. According to Nielsen Media Research, as at end-2008, NSTPs flagship newspaper New Straits Times had a readership of 308,000 while New Sunday Times readership stood at 263,000. As at end-June last year, New Straits Times circulation, according to the Audit Bureau of Circulation, stood at 136,530 while that of New Sunday Times was 156,910. These figures cannot rival that of its main competitor, Star Publications, which had a readership of more than one million for both its daily and Sunday paper. Stars circulation was over 300,000 daily. Are the products/ services offered by company very much different from its competitors in terms of price/feature/others. KUNTUM An educational monthly in Bahasa Malaysia for children ages 6 to 12. In keeping with its Learning is Fun motto, the Kuntum Club organises many fun activities and ho

Essay --

Process: A computer Process means a program which is being executed. some are administrative, providing ancillary services for the remainder of the system and some are application processes. Each process has its own address space, or memory allocated to it A program may contain more than one process. E.g. we open MSWORD & then we may work with copy, paste, cut etc commands which are its sub processes or child processes. Some times a process is also called a task . A thread is a light process of executes during program execution through a program. E.g. Error messages, Alerts etc , which may appear during program execution. Multiple threads can exist within a process, but they all share a common address space. A process can be in one of three states: Running Blocked Ready (or Queued) There are five different states of a process New - The process is being created. Running - Instructions are being executed. Waiting - Waiting for some event to occur. Ready - Waiting to be assigned to a processor. Terminated - Process has finished execution. Processes must communicate with one another in computer environment e.g. we may open a MSWord & MS-Excel we perform a copy operation in MSWord & then use Paste Special function in MS-Excel , here inter process communication is being performed. That is why it is very necessary for a processes that must coordinate activities to achieve a common objective. we can also define Inter Process Communication as a set of techniques for the exchange of data among two or more threads in one or more processes. Processes may be running on one or more computers connected by a network. IPC techniques are divided into methods for message passing, synchronization, shared memory, and r... ...he scheduler,& Algorithm it uses is called the scheduling algorithm. The following are the main objectives of Scheduling: Make best use of available system resources, Give preference to those processes which are holding the key resources. Give preference to processes which are having good behavior. CPU Scheduler basically selects the process from the different processes which are residing in the memory and are ready to execute, & then allocates the CPU to one of them. The Scheduling may be Preemptive or Non-Preemptive: Non-preemptive Scheduling Once CPU has been allocated to a process, the process keeps the CPU until Process exits OR Process switches to waiting state Preemptive Scheduling Process can be interrupted and must release the CPU. Need to coordinate access to shared data E.g. when we use â€Å"Ctrl + Alt + Delete† to terminate the process forcefully.

Pornography -- An Epidemic? Essay -- Exploratory Essays Research Paper

Pornography -- An Epidemic?    The subtopic being examined in this segment of pornography as a whole, is that of violent pornography. In order to understand what is going to be discussed and the examples that will be cited, one must understand the context of violent pornography in relation to Pornography as a whole. But as this section will conclude, it is actually the widespread viewing of pornography as represented through the media, which leads to violent actions.    To begin with, the words violence and pornography must be separated and distinguished between. When these words are used together, one can get the impression that only à ¾hard-coreà ¾ pornography is the issue at hand. But there is a greater evil, and à ¾hard-coreà ¾ is only the finishing element in a long chain of reactions. Rather, the words violent and pornography are going to be à ¾interpretedà ¾ as separate elements; the interpolated meaning now changes. The following discussion will attempt to prove the relation between pornography and the violent reaction it instills in its à ¾victimsà ¾. It is this relation which is far more important, and deadly, than à ¾hard-coreà ¾ is as a singular element.    One of the most important examples, which will be discussed at great length, is that of convicted murderer Ted Bundy, who was electrocuted in February 1989 for the known murders of at least 23 young women. Some figures estimate that number to be as many as 100. Not much was known about the personal life of the man who was 42 when he was put to death, but in a one hour interview that was given by James Dobson, President of Focus on the Family, 16 hours before Bundyà ¾s execution, Bundy revealed,... ... pornography is just expressing ones self; to others, ità ¾s considered an art form. But studies have shown that this à ¾art formà ¾ is the chief cause of many murders and rapes that occur in the United States. And it doesnà ¾t start with à ¾hard-coreà ¾. The early stages of erotica are actually the start.    In conclusion, the question of whether pornography is an epidemic or not is rhetoric. Ità ¾s obvious that it became an epidemic decades ago -- it has simply become entrenched in society. As has been shown in medical professions, the only way to deal with an epidemic is to find a cure which will obliterate the cancer. This situation is no different. Pornography leading to violence in society is a cancer which is growing larger every day. Perhaps without the influence of pornography, society would be just a little less violent.

Sonography Career

Sonography The first time I started college I had a different career path. It was not after my pregnancies that I decided to make the change to sonography. I think sonography is a career that really fits my expectations, and to make sure I am in the right path I will research this career in depth. Tests and evaluations in sonography are in writing and practical. They are prepared to measure the student’s understanding of the material, and the knowledge in manipulating the transducer (Craig 53). At the beginning I was curious about how the test would be.I now know the reading tests are normal types of tests: objective, which is cover multiple choices or true and false, and the subjective, which are the essays questions. I also found, I will have some tests on computer (Craig 46-47) which I think is a great idea because I will get accustomed to the way that certifying test are now presented, also it will help me to be successful in my career. The practical exams will help me to familiarize in working with patients on a day to day work habit, and the writing and computer exams will prepare me for my certifying examination post graduation.Sonography has different types of sonograms in which I can specialize. There are eight types of diagnostic ultrasounds specialties, but there are three which are the common practiced: abdominal, obstetric and gynecologic, and cardiac (Craig 152). This is great for me, because obstetric and gynecologic is the type of ultrasound I would like to specialize. Also, since this type of ultrasound is one of the most common I think it will be easier find a job in this field. Registration is very important in the sonography field. Graduates are encouraged to take their registry examinations as soon as possible after completion of their training (Craig 53). † In my opinion this is great because the knowledge of the sonographer is tested again giving us the opportunities to have prepared sonographers in the health facilities. Sin ce â€Å"employers prefer candidates registered through the American Registry for Diagnostic Medical Sonography (Morsch)† being registry is an open door for sonographers trying to get a job. American Registry for Diagnostic Medical Sonography (ARDMS) offers the opportunity to sonographers to earn three different types of credentials.The credentials are Registered Diagnostic Medical Sonographer, Registered Diagnostic Cardiac Sonographer, and Registered Vascular Technologist. In order to be award with one of them the graduate needs to pass two exams: one general and one specialty exam that depend on the credential wanted (ARDMS). This I think is a wonderful requisite because it elevates the prestige of sonographers. As more credentials I can get more knowledge I will have. Salary is another point in my research. â€Å"In 2008, the starting salary for a diagnostic medical sonographer was $43,600 (Diagnostic Medical Sonography). Even though this is not the most important point f or me I have to admit it is within the range I was expecting for salary. According to the Bureau of Labor Statistics the annual mean wage in Florida is $56,990 which breaks down in $27. 40 an hour (Bureau). This is better than the figures from 2008 and if salary follows this line by the time I graduate it should be even greater. The outlook of this job is great. â€Å"Employment of diagnostic medical sonographers is expected to increase by about 18 percent through 2018-faster than average for all occupations (Bureau)†.This is about 2. 25 percent per year. Sonograms will become the most popular tool in the medicine field to check the human body since is not harmful and very effectively. The truth is that â€Å"sonography is in high demand trough out the country since the uses of sonography are expanded (Sonography). † Another factor that will help on the growth of the sonography is the population who is aging. Older people needs more tests and Florida is one of the favo rite states for retired people, so I would say that we will have a nice increase on the growth rate.Learn about searching jobs I think is important. After I graduate I would like to know the most important factors when looking for a job. As I found there are many tips for a successful job search. A resume accompanied of a personalized letter, always listen to the interviewer and answer the questions straight and precise, choose professional clothes for the interview day, negotiate the salary if it is no right for you, and always get the final offer in writing (Craig 213-216).Responsibilities are part of all jobs. Sonographers once they graduate start taking responsibilities which include preparing reports, organized daily work schedule, and report equipment failure(Craig 205). Searching this I notice that sonographers don’t only make reports and scans in fact I will do more than what I thought was my responsibilities. Sonography also has disadvantages. Musculoskeletal injury has been affecting sonographers for years.The amount of sonographers in the country is a small number compare to other professions in health, but the amount of injured sonographers is that big relative to the total number of sonographers that brought the attention of NIOSH. To protect sonographers from musculoskeletal pain NIOSH recommend a few safety measures for under graduates to avoid injuries (Musculoskeletal). This is really worry because I want a profession not an illness. I really think the programs should emphasize more on safety rules to avoid MSI from happen so frequently.I have learned plenty of information with my sonography research paper. Now I like even more my career. I believe I will have a great future if I keep going in this direction. Sonography is a very popular job, and learn the inside of the human body it is always amazing. [1010] Work Cited ARDMS,†Credential and Examinations. †Web. 15 Nov. 2011. https://ardms. org/credentials_examinations/ Burea u of Labor Statistics, U. S. Department of Labor, Occupational Outlook Handbook,2010-11edition, Diagnostic Medical Sonographers. Web. 9 Nov. 2011. http://www. ls. gov/oco/ocos273. htm Craig Marveen,†Essentials of Sonography and Patient Care†. St. Louis: Saunders,2006. Print. â€Å"Diagnostic Medical Sonography. † CAAHEP. Org. CAAHEP, 2009. Web. 3 Oct. 2011. †¹ http://www. caahep. org/content. aspx? ID=23 Morsch,Laura. †10 Best Paying Jobs for Associate Degress. †CNN. com. Cable News Network,05 May 2006. Web. 3 Oct. 2011. http://www. cnn. com/2006/us/careers/05/04/cb. associates â€Å"Musculoskeletal pain hits 80% of sonographers. † Occupational Health Management 1 Feb. 2007. Academic OneFile. Web. 4 Oct. 2011.