Friday, February 7, 2020
Creating the Myth - Essay Example Creating the Myth Ã¢â¬Å"Myths are common stories at the root of our universal existence.Ã¢â¬ (Seger 356-364) Meaning that these stories have been told since mankind first began to tell stories. As different as they may be in appearance, we all have a familiarity that could be called comforting. They speak to a part of us. It is something that can connect each and every one of us regardless of age, gender, ethnicity, religion, or geographic location, because it is in some way a part of all people all over the world. It is called Ã¢â¬Å"The HeroÃ¢â¬â¢s JourneyÃ¢â¬ It is present in our stories, fairytales, ritual, but it is part of our general psychological development as individuals, as well.(Vogel) Ã¢â¬Å"The HeroÃ¢â¬â¢s JourneyÃ¢â¬ follows the central figure of the story. The hero is an archetype that stands as a representation, in most cases, of what is good. (Ã¢â¬Å"Oracle ThinkQuestÃ¢â¬ ) We will then follow the hero through his adventures, quests, trials and tribulations, through love and loss; all in hopes of seeing the hero succeed in the end. Star Wars, in particular, is a perfect example of Ã¢â¬Å"The HeroÃ¢â¬â¢s JourneyÃ¢â¬ and the central character of Luke Skywalker is the perfect example of the hero archetype. He is normal. His life is simple. He dreams of more. In meeting his mentor in the desert he finds his guide in starting his quest. His whole world changes, literally in his case as he does, in fact, leave his home planet behind. He meets amazing characters and gains greater power. We see ourselves in the hero. We all want to be that person of average, humble beginnings intended for greater things. All the disappointments and pitfalls of our lives are just road blocks on the way to our destiny. Someday we will all get to blow up the Death Star. The hero archetype can present itself in many ways. Not every hero is automatically an easy hero as Luke Skywalker. Ã¢â¬Å"The Thematic ParadigmÃ¢â¬ shows that the hero in a story, are people that possess completely opposite traits.(Ray 342-351) Meaning that the character may be a mobster who tenderly sings to his houseplants. Two sides in the same person, light and dark, and little good and a little bad all at once. This makes their behavior not as easy to predict. Ray, also, explains that there is more than one kind of hero. The Ã¢â¬Å"bad, bad, boyÃ¢â¬ template, which can be seen in the ShowTime series Dexter, follows the story of a main character who happens to be a serial killer. Now Luke Skywalker is an example of the traditional Ã¢â¬Å"good, good boyÃ¢â¬ representation. (3) Meaning simply, that he is the white knight, just and moral. But, the character of Han Solo, who is essentially a gambling mercenary, is considered the reluctant hero.(3) He is capable of being heroic, but it will take some pushing in the right direction in order for him to overcome his more selfish nature. Ã¢â¬Å"Myths are marketableÃ¢â¬ ¦Ã¢â¬ (Seger 356-364) This is clearly true. The majority of, what would be called blockbusters are movies that have made their way into modern culture and have always followed Ã¢â¬Å"The HeroÃ¢â¬â¢s JourneyÃ¢â¬
Wednesday, January 29, 2020
Jennifer Hudson Essay Jennifer Hudsons I Got This is a personal memoir of her life, from her early childhood to her current life. Jennifer talks about her journey to stardom including her challenges, tragedies, and her triumphs. Throughout the book Jennifer continuously talks about how her weight had kept her from getting the parts she would audition for. However, once she lost the weight many doors were open for her. She also gives high praises to Weightwatchers for helping her lose over 80 pounds. Jennifer Hudson made it clear that she was always comfortable with her body and only lost the weight so that she could be a healthy mother for her son. She did not lose the weight for anybody else but for herself and her son. This book was published in January 2012. Jennifer Hudson was born September 12, 1981, in the Englewood area of Chicago. She was the third child of her parents of her parents, Darnell Hudson Donnerson and Samuel Simpson. She was raised in a single parent home with her brother, Jason Hudson, and her sister, Julia Hudson, by her mother. As a little girl Jennifer was very small, so small that you could see her ribs through her shirts. Her mother took her to the doctor because she thought something was wrong with her. Being skinny was not common in the Hudson family. You see food was a central focus for the majority of all the Hudson family gatherings. JenniferÃ¢â¬â¢s best friend and personal assistant is a gay guy named Walter. She met Walter in the sixth grade and they have been best friends ever since. The first time he heard her sing was in music class and from that day he has been her number one fan. Walter made it his personal goal to make Jennifer a star. During her high school years she would sing in different contests and talent shows all over Chicago that Walter would sign her up for; soon thereafter he began booking performances ranging from weddings to funerals for Jennifer. At one point she was in a singing group, with two other girls called Final Notice, but this didnÃ¢â¬â¢t last long. They kept her around, as long as they did because she had the most talent, but they let her go because she had the most weight. By the age of nineteen she had reached her peak weight of 236 pounds. This is around the time she realized that her weight was out of control and she was getting passed over for singing gigs because she didnÃ¢â¬â¢t look the part. Needless to say, she was astonished that she was being judged on her appearance and not her talent. Jennifer was signed to her first record label, Righteous Records, a Chicago based independent label. It was during this time that she was first motivated to lose weight because the head of the company pitted her against another girl on the label to lose weight. He told them that whoever lost the most weight would win money and be able to release their album first. On this journey of losing weight, Jennifer stopped eating fried foods, red meat, pizza, carbonated soda, and ice cream; which were all of her favorites. She started working out every day and twice on some days. This went on for years. She would lose weight because someone said she needed to if she wanted the job, only to regain the weight upon completion of the part. In the summer of 2002 American Idol made its television debut, Jennifer was encouraged by her mother to audition for the show. Jennifer was not impressed and did not want to have anything to do with the show, that is, until Kelly Clarkson was named the first American Idol. Although the show had sparked something in Jennifer she still resisted auditioning for the second season since she had landed a job with Disney working on a cruise ship. After eight months, away from home, performing on the ship, Jennifer had had enough and went back home. To her surprise, when she got back to Chicago Walter had two airline tickets for Atlanta to go to the audition for season three of American Idol. Being on American Idol, Jennifer had gained a great deal of exposure, which opened the door for her next gig, which was a record deal to record her first album. While she was working on this album she started hearing rumors about a new movie, which was Dreamgirls; and that the producers wanted her for the role. After auditioning twice she was chosen to play the part of Effie in the movie. She had not done any professional acting until this role and the rest is history. For the first time in her career she was told she needed to gain weight, they wanted her to gain twenty pounds so she could really look like Effie. This was a total shock to Jennifer, especially after so many years of being passed over and judged on her appearance over her talent. Well, she gained the weight and starred in her first motion picture. After the production of Dreamgirls, Jennifer returned home and started her mission to lose the weight she had gained for the role. She went right back to the only way she knew to lose weight. Eating only brown rice, chicken, and broccoli, coupled with running every day. She worked hard the entire summer losing the extra pounds only to have the producers call her, near the end of the summer, needing to get some pickup shots of her to finish the film, and oh yeah telling her to regain the weight. She refused to succumb to their request and they found a way to work around it. In September of 2008, JenniferÃ¢â¬â¢s mother, brother and nephew were killed in a shooting; Jennifer stepped out of the limelight for three months. After the birth of her son, Jennifer was again around 236 pounds. This was precisely the time she made the conscience decision to make a permanent change in her life to lose weight and keep it off. She initially began this quest the only way she knew how by limiting herself to very few food choices, but then she was introduced to Weightwatchers. Eighty plus pounds later, Jennifer is pleased with her decision to give Weightwatchers a try, and now she is a spokesperson for the program.
Tuesday, January 21, 2020
Keeping the Family Together in A Raisin In The Sun Ã Ã Ã Ã Ã What a loving mother! Lena Younger, or Mama, is nurturing and supportive when it comes to raising and maintaining a family. Personally speaking, being nurturing means to love, care for, and show concern over someone. Analyzing MamaÃ¢â¬â¢s relationships with family members can show us her view on parenting and ultimately show us her devotion to her family. In A Raisin in the Sun, by Lorraine Hansberry, Mama is a nurturing mother who cares for and protects her family in her struggle to keep them unified. Ã Ã Ã Ã Ã Not only does Lena Younger protect Travis from getting yelled at by his mother, but also she protects his feelings. At this point in the play MamaÃ¢â¬â¢s nurturing attitude is seen through her defending Travis from the authority of his mother. On one occasion Travis gives his grandmother a gift, a hat which he is very proud of. At the sight of her gift the rest of the family breaks out in laughter. Without skipping a beat MamaÃ¢â¬â¢s nurturing bursts out. She quickly snaps, Ã¢â¬Å"WhatÃ¢â¬â¢s the matter with you all! This here is a beautiful hat!Ã¢â¬ (Hansberry 1433). To me this can be seen as commanding respect for Travis. By automatically respecting Travis, the family could be brought closer together and could display a sense of equality. Mama is a loving, nurturing woman and her interactions with her grandson express this point. Ã Ã Ã Ã Ã MamaÃ¢â¬â¢s most blatant act of unification of this family is centered around Travis. Upon coming back to t...
Sunday, January 12, 2020
GOVERNANCE STRUCTURE The Board of Directors is the strategy body of LVMH Moet Hennessy Ã¢â¬â Louis Vuitton SA. The competence, integrity and responsibility of its members, clear and fair decisions reached collectively, and effective and secure controls are the ethical principles that govern the Board. The key priorities pursued by LVMHÃ¢â¬â¢s Board of Directors are enterprise value creation and the defense of the CompanyÃ¢â¬â¢s interests. LVMHÃ¢â¬â¢s Board of Directors acts as guarantor of the rights of each of its shareholders and ensures that shareholders ful? ll all of their duties.The Company adheres to the Code of Corporate Governance for Listed Companies published by AFEP and MEDEF. The Board of Directors shall have a maximum of 18 members, a third of whom at least are appointed from among prominent independent persons with no interests in the Company The number of Directors or permanent representatives of legal entities from outside companies, shall be limited to four . Apart from the selection of the CompanyÃ¢â¬â¢s management structure and the appointment of the Chairman of the Board of Directors, Chief Executive Of? cer and Group ManagingDirector(s), the principal missions of the Board of Directors are to: Ã¢â¬â ensure that the CompanyÃ¢â¬â¢s interests and assets are protected; Ã¢â¬â de? ne the broad strategic orientations of the Company and the Group and ensure that their implementation is monitored; Ã¢â¬â approve the CompanyÃ¢â¬â¢s annual and half-yearly ? nancial statements; Ã¢â¬â review the essential characteristics of the internal control and risk management systems adopted and implemented by the Company; Ã¢â¬â ensure that major risks to which the Company is exposed are in keeping with its strategies and its objectives, and that they are taken into account in the management of the Company; verify the quality, reliability and fairness of the information provided to shareholders concerning the Company and the Group, in p articular to ensure that the management structure and the internal control and risk management systems are able to guarantee the quality and reliability of ? nancial information published by the Company and to give a true and fair view of the results and the ? nancial position of the Company and the Group; Ã¢â¬â set out the organization principles and procedures for the Performance Audit Committee; Ã¢â¬â disseminate the collective values that guide the Company nd its employees and that govern relationships with consumers and with partners and suppliers of the Company and the Group; Ã¢â¬â promote a policy of economic development consistent with a social and citizenship policy based on concepts that include respect for human beings and the preservation of the environment in which it operates. The Board of Directors shall hold at least four meetings a year Decisions by the Board of Directors shall be made by simple majority vote and are adopted as a board. If they deem appropr iate, independent Directors may meet without requiring the presence of the other members of theBoard of Directors. For special or important issues, the Board of Directors may establish one or more ad hoc committees. Each member of the Board of Directors shall act in the interests and on behalf of all shareholders. Once each year, the Board of Directors evaluates its procedures and informs shareholders as to its conclusions in a report presented to the ShareholdersÃ¢â¬â¢ Meeting. In addition, at least once every three years, a fully documented review of the work of the Board, its organization and its procedures is conducted. The ShareholdersÃ¢â¬â¢ Meeting shall set the total amount ofDirectorsÃ¢â¬â¢ fees to be paid to the members of the Board of Directors. This amount shall be distributed among all members of the Board of Directors and the Advisors, if any, on the recommendation of the members of the DirectorsÃ¢â¬â¢ Nominations and Compensation Committee, taking into account their speci? c responsibilities on the Board A specialized committee responsible for auditing performance operates within the Board of Directors, acting under the responsibility of the Board of Directors. The Performance Audit Committee shall be made up of at least three Directors appointed by the Board of Directors.At least two thirds of the members shall be independent Directors. The majority of the CommitteeÃ¢â¬â¢s members must have held a position as a Managing Director or a position involving equivalent responsibilities or possess speci? c expertise in ? nancial and accounting matters. The Board of Directors shall appoint a Chairman of the Committee from among its members. The maximum term of the Chairman of the Committee is ? ve years. Neither the Chairman of the Board of Directors nor any Director performing the duties of Chief Executive Of? cer or Group Managing Director of LVMH may be a member of theCommittee. A Director may not be appointed as a member of the Committee i f he or she comes from a company for which an LVMH Director serves as a member of a committee comparable in function. The principal missions of the Committee are to: Ã¢â¬â monitor the process for preparing ? nancial information, particularly the individual company and consolidated ?nancial statements, and verify the quality of this information; Ã¢â¬â monitor the statutory audit of the individual company and consolidated ? nancial statements by the Statutory Auditors , whose conclusions and recommendations it examines; ensure the existence, pertinence, application and effectiveness of internal control and risk management systems, monitor the ongoing effectiveness of these systems, and make recommendations to the Chief Executive Of? cer concerning the priorities and general guidelines for the work of the Internal Audit team; Ã¢â¬â examine risks to the Statutory AuditorsÃ¢â¬â¢ independence and, if necessary, identify safeguards to be put in place in order to minimize the pot ential of risks to compromise their independence, issue an opinion on the fees paid to the Statutory Auditors, as well as those paid to the network to hich they belong, by the Company and the companies it controls or is controlled by, whether in relation to their statutory audit responsibilities or other related assignments, oversee the procedure for the selection of the CompanyÃ¢â¬â¢s Statutory Auditors, and make a recommendation on the appointments to be submitted to the ShareholdersÃ¢â¬â¢ Meeting in consideration of the results of this procedure; Ã¢â¬â analyze the exposure of the Company and the Group to risks, and in particular to those identi? ed by the internal control and risk management systems, as well as material offÃ¢â¬âbalance sheet commitments of the Company and the Group; review major agreements entered into by Group companies and agreements entered into by any Group company with a third-party company in which a Director of the LVMH parent company is also a s enior executive or principal shareholder. Signi? cant operations within the scope of the provisions of Article L. 225-38 of the French Commercial Code require an opinion issued by an independent expert appointed upon the proposal of the Performance Audit Committee; Ã¢â¬â assess any instances of con? ict of interest that may affect a Director and recommend suitable measures to prevent or correct them. Compensation CommitteeThe Committee shall meet at least twice a year, without the Chairman of the Board of Directors, the Chief Executive Of? cer and the Group Managing Director(s), before the Board of DirectorsÃ¢â¬â¢ meetings in which the agenda includes a review of the annual and half-yearly parent company and consolidated ?nancial statements. If necessary, the Committee may be required to hold special meetings, when an event occurs that may have a signi? cant effect on the parent company or consolidated ? nancial statements. Decisions of the Committee shall be made by simple maj ority vote and shall be deemed to have been reached as a board.The proceedings of each Committee meeting shall be recorded in minutes of the meeting. The Committee shall report on its work to the Board of Directors. It shall submit to the Board its ? ndings, recommendations and suggestions. The Committee may request any and all accounting, legal or ?nancial documents it deems necessary to carry out its responsibilities. The Committee may call upon the CompanyÃ¢â¬â¢s staff members responsible for preparing the ? nancial statements, carrying out internal control procedures, conducting internal audits, applying risk management or cash management procedures, nvestigating tax or legal matters, as well as the Statutory Auditors, to appear before it on any number of occasions to address issues in detail, without requiring the presence of the Chairman of the Board, the Chief Executive Of? cer, or Group Managing Director(s) of LVMH. These meetings may also take place in the absence of thos e responsible for the accounting and ? nancial functions. After having duly noti? ed the Chairman of the Board of Directors, the Committee may seek assistance from external experts if circumstances require. The Committee members and its Chairman may receive a pecial DirectorÃ¢â¬â¢s fee, the amount of which shall be determined by the Board of Directors and charged to the total ? nancial package allocated by the ShareholdersÃ¢â¬â¢ Meeting. 1. Subject to the exceptions provided by law, the Board of Directors is composed of three to eighteen members, who may be individuals or legal entities appointed by the Ordinary ShareholdersÃ¢â¬â¢ Meeting. A legal entity must, at the time of its appointment, designate an individual, who will be its permanent representative on the Board of Directors. The term of of? ce of a permanent representative is the same as the legal entity that he represents. . Each member of the Board of Directors must during its term of of? ce own at least ? ve hundred (500) shares of the Company. If, at the time of its appointment, a member of the Board of Directors does not own the required number of shares or if, during its term of of? ce, it ceases to be the owner thereof, it shall dispose of a period of six months to purchase such number of shares, in default of which it shall be automatically deemed to have resigned. 3. Nobody being more than seventy years old shall be appointed Director if, as a result of his appointment, the umber of Directors who are more than seventy years old would exceed one-third of the members of the Board. Directors are appointed for a term of three years. The duties of a Director shall terminate at the close of the Ordinary ShareholdersÃ¢â¬â¢ Meeting convened to approve the accounts of the preceding ? scal year and held in the year during which the term of of? ce of said Director comes to an end. A salaried employee of the Company may be appointed as a Director provided that his employment contract antedates his appointment and corresponds to a position actually held.In such case, he shall not lose the bene? t of his employment contract. The number of Directors bound to the Company by an employment contract may not exceed one-third of the Directors in of? ce. The Board of Directors shall elect a Chairman, who must be an individual, from among its members. It shall determine his term of of? ce, which cannot exceed that of his of? ce as Director and may dismiss him at any time. The Board shall also determine the compensation to be paid to the Chairman. The Chairman of the Board of Directors cannot be more than seventy-? ve years old.The Board may always elect one or several Vice-Chairman(men). It shall determine their term of of? ce which cannot exceed that of their respective of? ce as Director. The of? cers of the meeting are the Chairman, the ViceChairman(men) and the Secretary. The Secretary may be chosen from outside the Directors or the shareholders. The Board determines its term of of ? ce. The Secretary may always be re-elected. The Board, convened by its Chairman, meets as often as required by the interests of the Company. The Board of Directors sets guidelines for the CompanyÃ¢â¬â¢s ctivities and shall ensure their implementation. Subject to the powers expressly granted to the ShareholdersÃ¢â¬â¢ Meetings and within the limits of the corporate purpose, it addresses any issue relating to the CompanyÃ¢â¬â¢s proper operation and settles the affairs concerning it through its resolutions. In its relations with third parties, the Company is bound even by acts of the Board of Directors falling outside the scope of the corporate purpose, unless it demonstrates that the third party knew that the act exceeded such purpose or that it could not have ignored it given the circumstances, it being speci? d that mere publication of the Bylaws is not suf? cient proof thereof. The Board of Directors performs such monitoring and veri? cations as it deems appropriate. Each Di rector receives all necessary information for completing his assignment and may request any documents he deems useful. The Company shall be audited, as provided by law, by one or more Statutory Auditors legally entitled to be elected as such. When the conditions provided by law are met, the Company must appoint at least two Statutory Auditors. Each Statutory Auditor is appointed by the OrdinaryShareholdersÃ¢â¬â¢ Meeting. One or more supplementary deputy Statutory Auditors, who may be called to replace the regular Statutory Auditors in the event of death, disability, resignation or refusal to perform their duties, are appointed by the Ordinary ShareholdersÃ¢â¬â¢ Meeting. ShareholdersÃ¢â¬â¢ Meetings shall be convened and held as provided by law. A ShareholdersÃ¢â¬â¢ Meeting is chaired by the Chairman of the Board of Directors or, in his absence, by the oldest ViceChairman of the Board of Directors or, in the absence of the latter, by a Member of the Board for that purpose.If n o chairman has been appointed, the Meeting elects its Chairman. The voting right attached to a share is proportional to the share of the capital it represents. When having the same nominal value, each share, either in capital or redeemed (Ã¢â¬Å"de jouissanceÃ¢â¬ ), gives right to one vote. However a voting right equal to twice the voting right attached to other shares, with respect to the portion of the share capital that they represent, is granted: Ã¢â¬â to all fully paid up registered shares for which evidence of registration under the name of the same shareholder during at least three years will be brought; to registered shares allocated to a shareholder in case of increase of the capital by capitalization of reserves, or of pro? ts carried forward or of issue premiums due to existing shares for which it was entitled to bene? t from this right. The Ordinary ShareholdersÃ¢â¬â¢ Meeting makes decisions which do not amend the Bylaws. It is convened at least once a year, withi n six months from the end of each ? scal year to vote on the accounts of that ? scal year. In order to pass valid resolutions, the Ordinary ShareholdersÃ¢â¬â¢ Meeting, convened upon ? rst notice, must consist of hareholders, present or represented, holding at least one-? fth of total voting shares. The deliberations of an Ordinary ShareholdersÃ¢â¬â¢ Meeting, convened upon second notice, shall be valid regardless of the number of shareholders present or represented. The resolutions of the Ordinary ShareholdersÃ¢â¬â¢ Meeting are approved by a majority of the votes of the shareholders present or represented. The copies or abstracts of the minutes of the Meetings shall be validly certi? ed by the Chairman of the Board of Directors, the Chief Executive Of? cer, or the Secretary of the Meeting. Ordinary and Extraordinary ShareholdersÃ¢â¬â¢ Meetings shall xercise their respective powers as provided by law. The dividend payment terms are de? ned by the ShareholdersÃ¢â¬â¢ Meeting o r, if the Meeting fails to do so, by the Board of Directors. However, dividends must be paid within a maximum period of nine months after the ? scal year-end, unless such period is extended by Court order. (The reference for the Company is the AFEP-MEDEF Ã¢â¬Å"Corporate Governance Code for Traded CompaniesÃ¢â¬ . ) Main SHAREHOLDERS Christian Dior, the luxury goods group, is the main holding company of LVMH, owning 42. 36% of its shares, and 59. 01% of its voting rights. 5] Bernard Arnault, majority shareholder of Dior, is Chairman of both companies and CEO of LVMH. the only declared major shareholder in LVMH was Groupe Arnault, the family holding company of Bernard Arnault. The group's control amounted to 47. 64% of LVMH's stock (with 42. 36% held through Christian Dior S. A. and 5. 28% held directly) and 63. 66% of its voting rights (59. 01% by Dior and 4. 65% directly).  A further 2. 43% of shares were declared as treasury stock, with the remainder being free float. ________ ___________________RICOMINCIA DA QUI_________________________________ STAKEHOLDERS COMPETITORS:LVMH competes in the luxury market with an array of small private and publicly held companies that make designer clothing, wine, watches, and other luxury goods. Unlike LVMH, most of these companies usually have only one brand in their portfolios. The most direct competitors to LVMH are Pinault-Printemps-Redoute (PPR), a French luxury holdings company that includes such brands as Yves Saint Laurent and Gucci, and Compagnie Financiere Richemont, a Swiss luxury company that includes such brands as Cartier and Montblanc. ?PPR is a French retailer and luxury goods company. It is very similar to LVMH in both size and earnings.One distinct advantage LVMH holds over PPR is international diversification. Though a majority of PPR's brands are luxury, it also owns Puma, a sportswear line for men and women that is more affordable and as a broader consumer base, thereby increasing its market. The luxu ry brands that directly compete with LVMH fall under Gucci Group and are: Alexander McQueen, Bottega Veneta, Balenciaga, Yves Saint Laurent, Stella McCartney, Gucci, Boucheron and Sergio Rossi. ?Compagnie Financiere Richemont is much smaller than LVMH in terms of revenue, but earned a similar operating margin on its revenue.Richemont is primarily focused on watches and jewelry. Therefore, in its main business Richemont does not face stiff competition from either company. The most competition comes from the fashion and leather goods divisions, namely Dunhill, Azzedine Alaia, Shanghai Tang, Chloe and the leather goods brand Lancel. All are luxury brands and compete directly with LVMH.  ? Valentino Fashion Group S. p. A is an international luxury goods conglomerate. It owns the prestigious brand Valentino as well as luxury brand Hugo Boss.It also has licenses for Marlboro Classics and M Missoni (a lower-priced line inspired by the designs of privately-owned Missoni). Valentino Fashi on Group also has its own brands: Lebole, Oxon and Portrait. In addition, Valentino Fashion Group owns 45% of the luxury American brand Proenza Schouler. Like LVMH, Valentino owns a number of other luxury brands including Valentino and Hugo Boss produce apparel, accessories and fragrances for both men and women. Both conglomerates sell their goods side-by-side in luxury department stores as well as freestanding boutiques. SUPPLIERS: Same behavior as LVMH + acting well towards natureTo ensure effective environmental control, the companies of the Group are conducting an awareness program with their suppliers and subcontractors. Designing packaging that prevents the waste of raw materials and generates smaller waste volumes is a principle of both good management and respect for the environment. This can only be done if we thoroughly understand the effects of the product on the biosphere, from manufacture to disposal. This is the role of Life Cycle Analysis, a method applied by the LVMH group since 1993, in its initial study on the path followed by a standard Hennessy product.The implementation of actions to reduce the products impacts throughout their life cycle implies to work closely with the suppliers and subcontractors. Programs to make lighter packaging are critical and are coordinated at Group level. We start studying a product's packaging from the product's design stage. The design/development, purchasing and marketing teams work with suppliers in multi-disciplinary groups and use a value analysis method to reconcile impeccable quality and aesthetics for the consumer with marketing requirements, optimized manufacturing processes, and our desire to use raw materials sparingly.Preserving biological diversity is a vital issue for the evolution of life on earth. LVMH group has built its businesses on a sustainable relationship with the natural environment, and consequently uses elements that are neutral or without impact on our ecosystems, either by growing pl ants or raising animals, or by using surplus elements. In this way, it complies in an exemplary manner with the regulations protecting rare species. The research work of LVMH's R&D laboratories in the village of Koro in Burkina Faso continues to bear fruit.In the spring of 2004, the Bikini line of Christian Dior acquired a new active ingredient: Anogelline. EMPLOYEES The group currently employs more than 83,000 people.  30% of LVMH's staff work in France. LVMH operates over 2,400 stores worldwide.  LVMH actively supports the professional development of its employees. The decentralized organization of the LVMH group encourages individual initiative. Human Resources teams deploy a variety of concrete tools to develop talents, including training, geographic and functional mobility andrecruitement.The annual Organizational Management Review plays a pivotal role in identifying talents and succession planning. This dynamic process is central to recognizing the contributions and tal ents of the Group's people. It ensures motivating advancement within the Group by identifying key positions, internal resources and the human resources needed to drive continued growth at LVMH companies. LVMH also carries out regular performance appraisals to identify employees' strong points and opportunities for improvement, as well as their personal goals.These appraisals serve as the basis for concrete action to enable people to achieve fulfulling career objectives. Training is distributed between the Group, itsbusiness divisions and the brands themselves, always focused on enriching the skillsets of employees and sharpening their performance to help them flourish in the LVMH ecosystem. Training programs address needs that have been identified and discussed during annual performance appraisal interviews. Technical skills are the responsibility of brands, which sometimes pool training across business groups.LVMH actively encourages all employees to reach their potential as they p ursue fulfilling careers. The Group is committed to promoting diversity and energizing the wealth of human resources at all its companies and in all the host countries where it operates. INSURANCE: Of the most prestigious luxury houses, six post sales of over a billion euros annually. They include Gucci, Hermes, LVMH and L'Oreal, all of whom are clients of Allianz Global Corporate & Specialty France for their transport, property and liability insurance programs. AGCS France will market its transport insurance solution through a variety of intermediaries.These include key luxury industry brokers whose current clients, including subcontractors, may be interested; the Colbert Committee, an association of over 70 luxury companies; Colipa, the European cosmetics association; and the Confederation des Arts de la Table (CAT, the French tableware association). On the heels of this new transport insurance solution other new products will be developed, with the goal of offering a dedicated ra nge for all luxury goods companies. CUSTOMERS: LVMH made a fortune thanks to customer loyalty, and to keep these customers itÃ¢â¬â¢s opening shops both in the U. S. ut also in developing countries such as India and China In all, Louis Vuitton now has 96 stores open in the United States, which Slavinsky says is almost evenly divided between freestanding stores and leased in-store boutiques. The company's strength owes a lot to customer loyalty Ã¢â¬â especially to Louis Vuitton, which analysts estimate accounts for about 60 percent of LVMH's earnings. Demand for its products Ã¢â¬â from $100 coin purses to the new $5,500 Theda multi-buckled, gilt-trimmed handbags in colors such as turquoise and pink Ã¢â¬â is so strong that Vuitton's margin topped 45 percent last year; its U.S. sales alone grew 38 percent. To meet the demand, Vuitton is expanding. LOCAL COMMUNITIES The Group believes that our own development must integrate the search for a better quality of life for our custo mers, employees, shareholders, and the regions and various communities affected by our production and distribution operations throughout the world. The Group's commitment towards environmental protection materialized in 2001 by the the Ã¢â¬Å"Environmental CharterÃ¢â¬ was reinforced in 2003 by joining the United Nations' Global Compact.That initiative, which was launched by Kofi Annan, Secretary General of the UN, requires its signatories to apply and promote nine principles in the field of human rights, labor and the environment. Thus LVMH implements the concept of sustainable development. Aim for a high level of environmental performance In developing its businesses internationally, LVMH works to align its practices with those that offer the best level of environmental protection around the world. Foster a collective commitmentThe environment is the responsibility of every individual and LVMH believes that the awareness, education and training of its employees are top prioritie s. To ensure a continued high level of environmental performance, the Group believes it is vital for each company to set precise environmental objectives and implement a management system dedicated to this process. Control environmental hazards In addition to the most stringent compliance with environmental regulations, which is an absolute duty, the Group intends to focus on risk prevention. As a result, it allocates human and material resources to this goal.Design luxury products by integrating environmental innovation and creativity Guided by its overriding concern for high quality, LVMH is working to improve control and better anticipate the environmental aspects related to the life cycle of its products. LVMH encourages all processes that result in environmental innovations and accepts its duty to exercise prudence and take precautions to ensure total safety for the consumer. Make commitments outside the company LVMH intends to contribute to the protection of the environment ab ove and beyond just the aspects directly related to its own businesses.Because it considers that promoting respect for the environment is essential, LVMH is developing an active partnership with groups of businesses, local communities and the associations which contribute to this objective. INSTITUTIONAL GOALS The mission of the LVMH group is to represent the most refined qualities of Western Ã¢â¬Å"Art de VivreÃ¢â¬ around the world. LVMH must continue to be synonymous with both elegance and creativity. Our products, and the cultural values they embody, blend tradition and innovation, and kindle dream and fantasy.In view of this mission, five priorities reflect the fundamental values shared by all Group stakeholders: -Bec reative and innovate Ã¢â¬â Aim for product excellence Ã¢â¬â Bolster the image of our brands with passionate determination Ã¢â¬â Act as entrepreneurs Ã¢â¬â Strive to be the best in all we do Be creative and innovate Group companies are determined to n urture and grow their creative resources. Their long-term success is rooted in a combination of artistic creativity and technological innovation: they have always been and always will be creators.Their ability to attract the best creative talents, to empower them to create leading-edge designs is the lifeblood of our Group. The same goes for technological innovation. The success of the companies' new products Ã¢â¬â particularly in cosmetics Ã¢â¬â rests squarely with research & development teams. This dual value Ã¢â¬â creativity/innovation Ã¢â¬â is a priority for all companies. It is the foundation of their continued success. Aim for product excellence Group companies pay the closest attention to every detail and ensure the utter perfection of their products. They symbolize the nobility and perfection of traditional craftsmanship.Each and every one of the objects their customers buy and use exemplifies our brands' tradition of impeccable quality. Never should Group compan ies disappoint, but rather continue to surprise their customers with the quality, endurance, and finish of their products. They never compromise when it comes to product quality. Their search for excellence go well beyond the simple quality of their products: it encompasses the layout and location of our stores, the display of the items they offer, their ability to make their customers feel welcome as soon as they enter our storesÃ¢â¬ ¦All around them, their clients see nothing but quality. Bolster the image of our brands with passionate determination Group brands enjoy exceptional reputation. This would not amount to much, and could not be sustained, if was not backed by the creative superiority and extreme quality of their products. However, without this aura, this extra dimension that somewhat defies logic, this force of expression that transcends reality, the sublime that is the stuff of our dreams, Dior would not be Dior, Louis Vuitton would not be Louis Vuitton, Moet would no t be MoetÃ¢â¬ ¦ The power of the companies' brands is part of LVMH's heritage.It took years and even decades to build their image. They are an asset that is both priceless and irreplaceable. Therefore, Group companies exercise stringent control over every minute detail of their brands' image. In each of the elements of their communications with the public (announcements, speeches, messages, etc. ), it is the brand that speaks. Each message must do right by the brand. In this area as well, there is absolutely no room for compromise. Act as entrepreneurs The Group's organizational structure is decentralized, which fosters efficiency, productivity, and creativity.This type of organization is highly motivating and dynamic. It encourages individual initiative and offers real responsibilities Ã¢â¬â sometimes early on in one's career. It requires highly entrepreneurial executive teams in each company. This entrepreneurial spirit requires a healthy dose of common sense from managers, as well as hard work, pragmatism, efficiency, and the ability to motivate people in the pursuit of ambitious goals. One needs to share and enjoy this entrepreneurial spirit to Ã¢â¬â one day Ã¢â¬â manage a subsidiary or company of the LVMH group.Strive to be the best in all we do Last but not least is our ambition to be the best. In each company, executive teams strive to constantly improve, never be complacent, always try to broaden our skills, improve the quality of our work, and come up with new ideas. The Group encourages this spirit, this thirst for progress, among all of its associates. Code of Conduct In 2010, to provide a set of simple principles and behaviours that should guide the Group and each of us in the everyday conduct of business, LVMH officially adopted a Code of Conduct.LVMH has a global dimension and the world in which we do business is changing at a rapid pace. In the context of this continually evolving business environment, this Code of Conduct constitutes a common benchmark to guide individual initiatives and ensure greater consistency in practices across the Group's companies and geographies. >Code of Conduct (PDFÃ¢â¬â1 419 Ko) Digital In 2010, the Group also adopted self regulatory on line marketing principles, aligned with the World Federation of Advertisers.
Saturday, January 4, 2020
Introduction According to the Merriam Webster dictionary, addiction refers to the strong yet harmful need to constantly have something or to do something. As for cyber relationship addiction, it is the addiction to Ã¢â¬Å"social networking, chat rooms, texting, and messaging to the point where virtual, online friends become more important than real-life relationships with family and friendsÃ¢â¬ (Ramdhonee 2014). Why is this topic of interest important? The main reason cited is that the Internet has undoubtedly become part of our daily lives and has made a radical change in communication leading to the build up of relationships. However, the effects of such online relationships ranges from positive to negative, hence in the following literatureÃ¢â¬ ¦show more contentÃ¢â¬ ¦The average gender distribution of social media is about 48.75% for males, and 51.25% for females. Popular social media sites such as facebook and twitter also have an unequal gender balance, with females taking up 60%, and males taking up 40%. (Report: Social network demographics in 2012) Overall females use the Internet for social networking and reinforcing pre-existing relationships whereas males use the social networking sites to flirt and make new friends. To sum it up, while women are more prone to forming cyber relationships online, males are more prone to addiction. Age Majority of the research are aimed toward adolescents. A study conducted found that in terms of age, people under 19 years of age are most prone to addiction, make up 35% of the total demographic. 19-30 year olds are second, making up 30%, while those over thirty make up 25%. (Online Addiction Ã¢â¬â Who is at Risk?) There is a special interest in studying the prevalence of cyber addiction among adolescents. Kalitiala-Heino et al suggested that this is due to the fact that the adolescence is a formative period of lifestyles and health behaviours. Due to being in the middle of their personality and rapid psychological maturation, it is perceived that adolescents are more vulnerable than adults to harmful influence of various addictive agents (90).Show MoreRelatedSocial Media And Its Effects On Society1564 Words Ã |Ã 7 Pagesand subsequently shaped into what it is today. Social media has become so largely desirable to modern day society due to its large and easy accessibility amongst citizens. However, social networking sites such as Facebook have been found to have negative impacts on individualÃ¢â¬â¢s social and psychological well being including things such as basic empathetic social skills1 (Chan 2014). Social awareness and the ability to communicate with one another makes up the crux of what it means to have social well-beingRead MoreIs Internet Addiction Disorder? Essay1483 Words Ã |Ã 6 Pages Internet addiction disorder, more commonly called problematic Internet use, refers to excessive computer use which interferes with daily life. Internet overuse, problematic computer use, or pathological computer use, problematic Internet use, or Internet addiction disorder. In the most recent version of the DSM-5, Internet Gaming Disorder is the latest term to describe this problem. History IAD was originally proposed as a disorder in a satirical hoax by Ivan Goldberg, M.D., in 1995, althoughRead More The Internet Has a Negative Impact on American Families Essay1067 Words Ã |Ã 5 Pagesintended to? You might begin to think they are addicted. Ricco Siasoco defines Internet addiction as Ã¢â¬Å"a broad term including users addicted to chat rooms, auctions, web surfing, among others.Ã¢â¬ These other Internet addictions may include cyber relationships, gaming, and trading. I have read several articles related to Internet addiction, and can not come to a conclusion on whether or not it is a true addiction. However, I do believe that the Internet does have a negative effect on American familiesRead MoreWhat are the Effects of Modern Technology on Relationships? Essay1448 Words Ã |Ã 6 Pagesbasis of a relationship. A physical bond develops into a mental bond between one or more individuals. This bond is referred to as a relationship and is based on love, faith, dev otion, and a deeper understanding between individuals. As individuals view the relationship between them through their consciousness, the level of the relationship deepens. There are various methods in which these relationships are established and these continue to evolve with the development of technology. What role, thenRead More Internet Addiction ( Pathological Internet Use ) Essay1313 Words Ã |Ã 6 PagesInternet Addiction ( Pathological Internet Use ) The Internet has become one of the most universal methods for communication with over 100 million users worldwide. From e-mail to the possibly billions of web pages, there is an infinite amount of information flowing. And another enticing aspect of the Internet, is the opportunity to interact with other people. Chat Rooms and MUD (Multi-User Dimensional) games offer the person the ability to talk and mingle with others online. But withRead MoreHow Internet Chat Rooms Are Dangerous. During This Day1071 Words Ã |Ã 5 Pagesthings either becoming more involved in the childÃ¢â¬â¢s social life or just backing off thinking they know what they are doing But honestly parents are so blind to what is really going on. Cyberbullying Cyber-bullying has been a problem for a very long time. Due to the development of our technology today, cyber-bullying has become one of the most difficult issues to resolve in our society. Since cyber-bullying issues are more likely to happen at schools, social networking, and mobile phones; TeachersRead MoreInternet Addiction : The World Of Education, Communication, And Business1703 Words Ã |Ã 7 PagesInternet Addiction Addiction, defined by Webster dictionary as Ã¢â¬Å"a strong and harmful need to regularly have something (such as a drug) or do something (such as gamble)Ã¢â¬ . Everyone has one, weÃ¢â¬â¢re all guilty of being addicted. Certainly, as this world changes and evolves, we as people change and evolve with it. We invent, create, and mold materials to change this world for the better. Though sometimes, we can often become dependent on our own inventions to a point that it becomes unhealthy, afflictingRead MoreIt Is Safe To Say That Social Media Has Enormously Impacted1735 Words Ã |Ã 7 Pages It is safe to say that social media has enormously impacted and changed todayÃ¢â¬â¢s society. Relationships in the workplace, school, and personal lives have been re-defined and shaped so much so, that individuals can even share their everyday life with whomever they please with the simple click of a button. If social networking if performed correctly, it can be a great tool in helping an indi vidual stay connected with the people in their lives, get a job, or keep up on local events around town. ItRead MoreNegative Effects Of Social Media1738 Words Ã |Ã 7 Pagesself-concept and self-worth. Social media has changed and warped our teenÃ¢â¬â¢s thinking to reflect something completely different about themselves and their relationships with others than what is actual reality. Our teenÃ¢â¬â¢s self-concept has negatively decreased over the years with the more prevalent introduction of social media. With social media comes the risk of cyber bullying, unrealistic body images, pressure to look a certain way and the pressure to always be available and our youth is showing serious repercussionsRead MoreEffects of Cyber Addiction1843 Words Ã |Ã 8 PagesThe Effects of Cyber Addiction in Academic Performance Among Selected First Year Students of San Beda College Ã¢â¬â Alabang A Research Paper Presented to The Faculty of College of Arts and Sciences Major in Psychology Pamantasan ng Lungsod ng Muntinlupa NBP Reservation, Poblacion, Muntinlupa City In Partial Fulfillment Of the Requirements for the subject PSY-312B-2 Psychological Research By: Bon, Lady Arriane E. Domanais, Alvin October 2010 CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Introduction
Friday, December 27, 2019
On the 6th and 9th of August, 1945, the United States of America dropped the Atomic Bombs on the Japanese cities of Hiroshima and Nagasaki. The use of these bombs brought a quick end to World War 2, yet caused extensive damage to the two Japanese cities. There have often been disputes as to whether the USA was justified in the dropping of the atomic bombs because of the damage they caused, not only to the cities, but to the people of Japan as well. Many people believe that the USA should not have dropped the bombs because of the damage they caused, and they also claim that Japan was already defeated. However, Japan did not surrender, and prolonging the war was not an option for America, as it believed it would cause even more casualties, not only to American troops, but to Japan as well. Thus the USA was justified in dropping the bombs on Japan. America came into WW11 after Japan attacked Pearl Harbor (K) in 1941, and the war between Japan and the USA ended when the atomic bombs were dropped in 1945. Japan had a very strong army, which had an estimated 5 million men (B). The Japanese troops believed it was honourable to die for ones country, and made use of Kamikaze pilots as one of their war tactics (B). The use of the Kamikaze pilots by Japan caused extensive damage to Americas sea going forces, and because death was glorified, the American troops had no means to fight them. There had already been over 3 500 Kamikaze raids which had caused great damage to the AmericanShow MoreRelatedWhy Truman Chose to Drop the Atomic Bomb895 Words Ã |Ã 4 PagesAmericas decision to use the atomic bomb on Japan was only done to assert our position over the Soviet Union, and Japans surrender was only an extra accomplishment of the attack. During the years 1939 to 1947, numerous conferences were held to discuss diplomatic matters, and the strive towards getting Japan to accept an unconditional surrender. The Japanese had already been weakened, and the military predicted that they would eventually be forced to surrender in a short amount of time. Even theRead MoreThe Atomic Bomb Of Hiroshima And Nagasaki1445 Words Ã |Ã 6 PagesOn August 6th and 9th two atomic bombs were dropped on the Japanese cities of Hiroshima and Nagasaki. The two bombings were the first and only time nuclear weaponry has been used in wartime. These bombs were the first of their kind, developed by the United States, Canada and Great Britain under the research development plan codenamed the Ã¢â¬ËManhattan Project. It is an important issue because there is much controversy over whether or not the atomic bombs shouldÃ¢â¬â¢ve been initially been dropped. Many sidesRead MoreThe Bombing Of The War Essay1230 Words Ã |Ã 5 Pagesaround, and the bombs were dropped. Japan issued their surrender several days later. The bombings could be seen as an event that directly resulted in the end of the war, or merely accelerated it by as little as a few days. Numerous analyses by top United States Army officials say that Japan would have surrendered well before the end of the year even had the bomb not been used. One of these army officals, Major General Curtis Lemay of the air force, said that Ã¢â¬Å"the atomic bomb had nothing to doRead MoreHarry Trumans Decision to Drop the Atomic Bomb1314 Words Ã |Ã 6 PagesTo what extent was Harry TrumanÃ¢â¬â¢s decision to drop atomic bombs on Hiroshima and Nagasaki justified? A. Plan of Investigation Research Question: To what extent was Harry TrumanÃ¢â¬â¢s decision to drop atomic bombs on Hiroshima and Nagasaki justified? This investigation assesses President Harry TrumanÃ¢â¬â¢s decision to drop atomic bombs on both Hiroshima and Nagasaki. It will determine whether or not his decision was justified. This investigation will scrutinize the reasons that made Harry TrumanRead MoreAround Seventy Eight Years Ago, World War Two Was Inevitable997 Words Ã |Ã 4 PagesAround seventy eight years ago, World War Two was inevitable and would last for six years, while becoming one of the worldÃ¢â¬â¢s greatest conflicts. With the catastrophic effects of The Great War, the further advancement of current technology and the advent of newer warfare, World War Two was set to be the turning point of the twentieth century. The war caused the Berlin wall to separate Germany, it indirectly caused the Cold War between the United States and the Soviet Union. World War TwoÃ¢â¬â¢s legacy includesRead MoreOn August 6, 1945, The United States Of America Dropped1173 Words Ã |Ã 5 Pagesthe United States of America dropped an atomic bomb on Hiroshima, Japan. For decades, there have been feuds relating to the justification of the bombing. Was the U.S justified? It depends on your vantage point. The United States was justified due to the unprovoked attack and bombing of Pearl Harbor, Hawaii, which occurred three years prior to the bombing of Hiroshima, it was necessary to stop the war because it saved thousands of American lives. Until then, the fight had never been on United StatesRead MoreShould We Have Dropped The Atomic Bomb?1180 Words Ã |Ã 5 PagesShould we have dropped the atomic bomb? On August 6, 1945, the United States of America dropped an atomic bomb on Hiroshima, Japan. For decades, there have been feuds relating to the justification of the bombing. Was the U.S justified? It depends on your vantage point. The United States was justified due to the unprovoked attack and bombing of Pearl Harbor, Hawaii, which occurred three years prior to the bombing of Hiroshima, it was necessary to stop the war because it saved thousands of AmericanRead MoreShould The Us Dropped Atomic Bombs On Japan?1183 Words Ã |Ã 5 PagesShould the US dropped atomic bombs on Japan? By- Daniel Hernandez On August 6, 1945, the United States of America dropped an atomic bomb on Hiroshima, Japan. For decades, there have been feuds relating to the justification of the bombing. Was the U.S justified? It depends on your opinion. The United States was justified due to the unprovoked attack and bombing of Pearl Harbor, Hawaii, which occurred three years prior to the bombing of Hiroshima, it was necessary to stop the war because it savedRead More Drop The Bomb? Essay656 Words Ã |Ã 3 Pages Atomic Bombs Dropped on Japan, Justified? nbsp;nbsp;nbsp;nbsp;nbsp;On August 6th and 9th of 1945 U.S. bombers dropped atomic bombs on the Japanese cities of Hiroshima and Nagasaki, causing utter destruction and many deaths. These bombs were dropped as the Pacific battles of World War II were coming to an end. Soon after Japan surrendered, ending the war. But, was the use of atomic warfare necessary? Was it too harsh and cruel to the Japanese? The first question was whetherRead MoreThe Attack On Pearl Harbor1113 Words Ã |Ã 5 Pagesrising sun. Only one day after, December 8, the United States Congress declared war on the Empire of Japan, sparking our involvement in World War Two. Only a couple years after the attack on Pearl Harbor, America was already on its way to creating the atomic bomb. By July of 1945, America was ready to test its first bomb and was successful. America had only two test drops before deciding to unleash the uncanningly deleterious weapon they had created on Japan August 6 and 9, 1945. Considering the thousands
Thursday, December 19, 2019
Essays on Financial Issues of Car Buying Assignment The paper "Financial Issues of Car Buying" is a wonderful example of an assignment on finance and accounting. I can spend a maximum of $4000 to buy a new car. This price has taken into consideration the price of registration and tax. As I m buying a new car, the price of fixing is included in the total price of the car. Thus no additional charge for fixing will be required.Ã I have selected the car as Chevrolet Impala 1LT and the cost of it is $2956. This car is very elegant and has a sophisticated look among other cars. The mileage of the car is 4 km/liter with a body style of Sedan. While the exterior body parts of the car are of Metallic Silver Ice color, but the interior side of the car is colored as dark titanium or jet black. The car has various unique characteristics like it has provided curtain head airbags for both the 1st and 2nd row and the wheel base is 112 inches. The car has the facility to control the speed proportion electronically with power steering and audio con trol buttons on it. Power windows facility and pressure of tires can be monitored through the tire specific technique. The audio system can be secured with passcode in the car and it has a connection point for wireless Bluetooth phone. Knee airbags are also there for the driver and the passenger to protect them from any kind of accident. It has a fuel capacity of 18.5 gallons and fuel consumption is lower than other cars and it is 21 mpg for the urban areas and 31 mpg for high roads (Cars.com, 2014). In cars.com the price of the car is $2956 while on the website of Kelley Blue Book the price for the same car is $28236- $28771.According to the price of Kelley Blue Book, the car is underpriced in the website of cars.com.It is surprising to see the wide difference between the prices of the car which is mentioned on the website of cars.com as compared to the price which is mentioned on the website of Kelly Blue Book. The value of the car is highly overpriced on the website of Kelly Blue Book as the price is in between $28236- $28771 and the price in cars.com of the same car is $2956.Chevrolet Impala 1LT has a mixture of security and safety features and thus this car is easy to insure. As the stability monitoring measures and above-mentioned airbags facilities are provided in the car thus it reduces both risks of accident and premium of the insurance. The average cost for insuring the car is near to $1200 per year. I need full coverage for the car and the minimum price is $1200 per year. I can save on the premiums of insurance rates by doing some research on different companies rather than researching for only one company. Different insurance quotes are needed to be compared with each for different insurance companies and then the lowest rate can be chosen from the options available because some insurance companies also provide discounts and incentives that other companies do not provide. Thus it is necessary to check out for all available options before choosing o ne.