This document provides an overview of India's economy and international trade. It discusses key concepts like what comprises an economy, the role of trade, and India's position as a major trading partner. It also summarizes the impacts of recent global events like the COVID-19 pandemic, Ukraine-Russia war, and 2023 G20 summit on India's trade and economy. The document concludes that events like these present challenges but India is taking steps to mitigate impacts and promote growth through policies supporting exports and reducing trade barriers.
1. The document discusses various topics related to business environment and international business including concepts of business environment, theories of international trade, foreign direct investment, balance of payments, economic integration, and international economic institutions.
2. It provides information on key concepts like the micro and macro environment factors impacting business, consumer protection act and rights, foreign exchange management act, and corporate social responsibility.
3. International economic institutions discussed include IMF, World Bank, UNCTAD, and WTO along with their objectives and functions regarding monetary cooperation and economic development.
1. The document provides an overview of international trade and economics, including definitions of internal and international trade, theories of international trade such as comparative cost theory and opportunity cost theory, and features of international transactions.
2. International trade is defined as the exchange of goods and services across borders, and is impacted by factors like transportation, globalization, and multinational corporations. Key differences between internal and international trade include barriers to trade between countries and differences in economic environments and currencies between nations.
3. Theories of international trade discussed include comparative cost theory, opportunity cost theory, and Heckscher-Ohlin theory. Features of international transactions that distinguish them from domestic trade include immobility of factors of production between countries
The Global
Economic
Environment
1
Interesting The Guardian story about Italy that combines Culture (population) + Political (govt business subsidies) + Economic environments
https://www.theguardian.com/world/2019/sep/11/underpopulated-italian-region-molise
Global Economic Environment
1 of 2
International Trade Theory
firms expanding internationally must appreciate how their international activities match with a country’s goals for international trade
Balance of Payments
a leading indicator of the international economic health of a country and may directly influence a firm’s expansion decisions https://tradingeconomics.com/united-states/balance-of-trade
Government Policy and Trade
firms are directly impacted by government policies in areas such as tariffs and non-tariff barriers
3
Global Economic Environment
2 of 2
Institutions in the World Economy
institutions such as the World Trade Organization and the World Bank greatly influence trade policies, and ultimately can influence a firm’s global strategy
Regional Economic Integration
firms generally benefit from economic integration through lower costs of doing business. However it can also lead to stronger competitors
4
International Trade Theory
Why do nations trade?
Key international trade theories:
Absolute Advantage and Comparative Advantage
Product Life Cycle – Trade patterns and production over time
5
Comparative Advantage
“Different countries have dissimilar prices and costs on goods because different goods require a different mix of factors in their production and because countries differ in their supply of these factors.” (Ohlin)
e.g., Can you grow salmon in Texas?
6
Product Life Cycle
Four Phases of the Product Life Cycle:
Phase 1: the U.S. exports the product
Phase 2: foreign production starts
Phase 3: foreign production becomes competitive in export markets
Phase 4: import competition begins
The Product Life Cycle may not explain trade and production patterns as well anymore due to:
Short gap between phases
“Born globals” may skip some phases
7
Product Life Cycle
1 of 3
Developed Nation (strong economy)
Produces more than consumes at the beginning, then a switch
8
Product Life Cycle
2 of 3
Emerging Nation
Consumes more than produces at the beginning, then a switch
9
The Consumer PLC
Extending a Product in Other Markets
Balance of Payments 1 of 2
The Balance of Payments (BOP) is a summary of a country's economic transactions w/the world, for a specified period of time.
Current Account
Goods (Merchandise)
Services
Unilateral Transfers
http://www.bea.gov/newsreleases/glance.htm
http://tse.export.gov/TSE/
https://economictimes.indiatimes.com/markets/forex/indian-rupee-hits-an-all-time-low-of-72-69-versus-us-dollar/videoshow/65769296.cms
11
U.S. Imports
vs. Exports
https://tradingeconomics.com/united-states/balance-of-trade
Financial considerations
Reflects a country’s solvency/economic health
Steady loss of foreign exch.
Trade Openness and Volatility of India’s Exports-an Analysisiosrjce
It is widely acknowledged that an economy’s vulnerability to exogenous economic shocks is largely
determined by its degree of exposure to the global economy—that is, by its degree of economic openness. In this
respect it is important to note that the size of impact depends on each country’s mix of exports and main trading
partners—that is, on its degree of export concentration. By all accounts, higher degrees of export concentration
are strongly correlated with greater volatility in export earnings. Present paper focuses on estimating the
degree of India’s openness and estimating the diversification of India’s exports calculating Herfindahl index.
The findings of the present study suggests increasing integration of Indian economy with world economy since
the initiation of reform process in 1991.It rose from 10.30 in 1987-88 to 40.58 in 2013-14. Further the findings
of the study are in line with theoretical arguments that economic openness explains the fact that an economy
may be vulnerable to external economic shocks as reflected by losses in export revenues and growth slowdowns
as the estimated correlation coefficients between variations in degree of openness and variations in earnings
from total exports and earnings from manufacturing exports (having largest share in total exports) are high and
positive. So far as product diversification of Indian exports is concerned, findings of the study suggest almost no
increase in it since 1990-91. Rather the concentration has slightly increased in recent past. Need for increasing
product diversification was also realised in Economic Survey 2012-13 after a drastic fall in exports in dollar
terms. The Economic Survey 2012-2013 presented by Finance Minister P Chidambaram in Parliament stated,
‘growth in exports can only be achieved with greater diversification of products’.
International trade allows countries to specialize and gain from exporting goods they produce cheaply while importing goods from other countries that produce them cheaply. There are direct benefits like increased income and indirect benefits like technology transfer. However, international trade can also negatively impact poorer countries if it prices out their domestic industries or leads to deterioration in their terms of trade. Trade agreements and economic integration aim to liberalize trade but have both costs and benefits that are debated. Governments use policies like tariffs and quotas to protect domestic industries from foreign competition and further other goals. Regional economic integration involves countries reducing barriers to create free trade areas, customs unions, common markets or unions with deeper coordination of economic policies.
Nigeria and Global Competitiveness: Imperative for International Trade a Comp...inventionjournals
This study is aimed at examining the level of Nigeria’s global competitiveness in relation to some selected economies in Africa and to establish the links between international trade and global competitiveness. In conducting the study secondary data were sourced from the Africa Competitiveness report 2015 and the Global Competitiveness report 2014- 2015 as point of reference and in providing the data necessary for the analysis. Descriptive statistics was used in analyzing the data provided by the insight reports while comparison was made with six African oil exporting countries. Findings showed that Nigeria is having a weak performance in almost all the factors considered with a very dismal performance in its institutions, health and primary education and infrastructure to change this position to a positive one, the Nigeria economy should be transformed by diversifying the economy from crude oil dependence to a multi sector driven economy.
Global value chains can contribute to productive
capacity development through several
mechanisms, including technology dissemination
and skills and knowledge development. They
can also open up opportunities for longer-term
industrial upgrading, especially in coordination
with other policy areas such as science, technology
and innovation policies that support technological
learning and boost competitiveness.
This document provides an overview and analysis of the ICC Open Markets Index (OMI) 2013. The OMI measures the openness of 75 economies across 4 components: observed openness to trade, trade policy, foreign direct investment openness, and infrastructure for trade. It finds that while governments have pledged to keep markets open, protectionism has increased since the 2008 financial crisis. The OMI aims to evaluate countries' performance on openness indicators and identify areas for improvement, in order to encourage open trade policies and monitor progress over time. The report discusses the methodology used to construct the index and analyze results, finding that some countries have more open markets than others and outlining categories of openness performance.
1. The document discusses various topics related to business environment and international business including concepts of business environment, theories of international trade, foreign direct investment, balance of payments, economic integration, and international economic institutions.
2. It provides information on key concepts like the micro and macro environment factors impacting business, consumer protection act and rights, foreign exchange management act, and corporate social responsibility.
3. International economic institutions discussed include IMF, World Bank, UNCTAD, and WTO along with their objectives and functions regarding monetary cooperation and economic development.
1. The document provides an overview of international trade and economics, including definitions of internal and international trade, theories of international trade such as comparative cost theory and opportunity cost theory, and features of international transactions.
2. International trade is defined as the exchange of goods and services across borders, and is impacted by factors like transportation, globalization, and multinational corporations. Key differences between internal and international trade include barriers to trade between countries and differences in economic environments and currencies between nations.
3. Theories of international trade discussed include comparative cost theory, opportunity cost theory, and Heckscher-Ohlin theory. Features of international transactions that distinguish them from domestic trade include immobility of factors of production between countries
The Global
Economic
Environment
1
Interesting The Guardian story about Italy that combines Culture (population) + Political (govt business subsidies) + Economic environments
https://www.theguardian.com/world/2019/sep/11/underpopulated-italian-region-molise
Global Economic Environment
1 of 2
International Trade Theory
firms expanding internationally must appreciate how their international activities match with a country’s goals for international trade
Balance of Payments
a leading indicator of the international economic health of a country and may directly influence a firm’s expansion decisions https://tradingeconomics.com/united-states/balance-of-trade
Government Policy and Trade
firms are directly impacted by government policies in areas such as tariffs and non-tariff barriers
3
Global Economic Environment
2 of 2
Institutions in the World Economy
institutions such as the World Trade Organization and the World Bank greatly influence trade policies, and ultimately can influence a firm’s global strategy
Regional Economic Integration
firms generally benefit from economic integration through lower costs of doing business. However it can also lead to stronger competitors
4
International Trade Theory
Why do nations trade?
Key international trade theories:
Absolute Advantage and Comparative Advantage
Product Life Cycle – Trade patterns and production over time
5
Comparative Advantage
“Different countries have dissimilar prices and costs on goods because different goods require a different mix of factors in their production and because countries differ in their supply of these factors.” (Ohlin)
e.g., Can you grow salmon in Texas?
6
Product Life Cycle
Four Phases of the Product Life Cycle:
Phase 1: the U.S. exports the product
Phase 2: foreign production starts
Phase 3: foreign production becomes competitive in export markets
Phase 4: import competition begins
The Product Life Cycle may not explain trade and production patterns as well anymore due to:
Short gap between phases
“Born globals” may skip some phases
7
Product Life Cycle
1 of 3
Developed Nation (strong economy)
Produces more than consumes at the beginning, then a switch
8
Product Life Cycle
2 of 3
Emerging Nation
Consumes more than produces at the beginning, then a switch
9
The Consumer PLC
Extending a Product in Other Markets
Balance of Payments 1 of 2
The Balance of Payments (BOP) is a summary of a country's economic transactions w/the world, for a specified period of time.
Current Account
Goods (Merchandise)
Services
Unilateral Transfers
http://www.bea.gov/newsreleases/glance.htm
http://tse.export.gov/TSE/
https://economictimes.indiatimes.com/markets/forex/indian-rupee-hits-an-all-time-low-of-72-69-versus-us-dollar/videoshow/65769296.cms
11
U.S. Imports
vs. Exports
https://tradingeconomics.com/united-states/balance-of-trade
Financial considerations
Reflects a country’s solvency/economic health
Steady loss of foreign exch.
Trade Openness and Volatility of India’s Exports-an Analysisiosrjce
It is widely acknowledged that an economy’s vulnerability to exogenous economic shocks is largely
determined by its degree of exposure to the global economy—that is, by its degree of economic openness. In this
respect it is important to note that the size of impact depends on each country’s mix of exports and main trading
partners—that is, on its degree of export concentration. By all accounts, higher degrees of export concentration
are strongly correlated with greater volatility in export earnings. Present paper focuses on estimating the
degree of India’s openness and estimating the diversification of India’s exports calculating Herfindahl index.
The findings of the present study suggests increasing integration of Indian economy with world economy since
the initiation of reform process in 1991.It rose from 10.30 in 1987-88 to 40.58 in 2013-14. Further the findings
of the study are in line with theoretical arguments that economic openness explains the fact that an economy
may be vulnerable to external economic shocks as reflected by losses in export revenues and growth slowdowns
as the estimated correlation coefficients between variations in degree of openness and variations in earnings
from total exports and earnings from manufacturing exports (having largest share in total exports) are high and
positive. So far as product diversification of Indian exports is concerned, findings of the study suggest almost no
increase in it since 1990-91. Rather the concentration has slightly increased in recent past. Need for increasing
product diversification was also realised in Economic Survey 2012-13 after a drastic fall in exports in dollar
terms. The Economic Survey 2012-2013 presented by Finance Minister P Chidambaram in Parliament stated,
‘growth in exports can only be achieved with greater diversification of products’.
International trade allows countries to specialize and gain from exporting goods they produce cheaply while importing goods from other countries that produce them cheaply. There are direct benefits like increased income and indirect benefits like technology transfer. However, international trade can also negatively impact poorer countries if it prices out their domestic industries or leads to deterioration in their terms of trade. Trade agreements and economic integration aim to liberalize trade but have both costs and benefits that are debated. Governments use policies like tariffs and quotas to protect domestic industries from foreign competition and further other goals. Regional economic integration involves countries reducing barriers to create free trade areas, customs unions, common markets or unions with deeper coordination of economic policies.
Nigeria and Global Competitiveness: Imperative for International Trade a Comp...inventionjournals
This study is aimed at examining the level of Nigeria’s global competitiveness in relation to some selected economies in Africa and to establish the links between international trade and global competitiveness. In conducting the study secondary data were sourced from the Africa Competitiveness report 2015 and the Global Competitiveness report 2014- 2015 as point of reference and in providing the data necessary for the analysis. Descriptive statistics was used in analyzing the data provided by the insight reports while comparison was made with six African oil exporting countries. Findings showed that Nigeria is having a weak performance in almost all the factors considered with a very dismal performance in its institutions, health and primary education and infrastructure to change this position to a positive one, the Nigeria economy should be transformed by diversifying the economy from crude oil dependence to a multi sector driven economy.
Global value chains can contribute to productive
capacity development through several
mechanisms, including technology dissemination
and skills and knowledge development. They
can also open up opportunities for longer-term
industrial upgrading, especially in coordination
with other policy areas such as science, technology
and innovation policies that support technological
learning and boost competitiveness.
This document provides an overview and analysis of the ICC Open Markets Index (OMI) 2013. The OMI measures the openness of 75 economies across 4 components: observed openness to trade, trade policy, foreign direct investment openness, and infrastructure for trade. It finds that while governments have pledged to keep markets open, protectionism has increased since the 2008 financial crisis. The OMI aims to evaluate countries' performance on openness indicators and identify areas for improvement, in order to encourage open trade policies and monitor progress over time. The report discusses the methodology used to construct the index and analyze results, finding that some countries have more open markets than others and outlining categories of openness performance.
This document discusses national income accounting concepts and methods. It provides definitions and explanations of key terms like:
1. Gross domestic product (GDP) is the total value of final goods and services produced within a country's borders in a given year. GDP can be calculated in three ways: expenditure approach, income approach, and value added approach.
2. Gross national product (GNP) is the total value of goods and services produced by a country's citizens and companies during a given year, regardless of location. GNP includes GDP and the net factor income from abroad.
3. Net national product (NNP) is GNP minus depreciation. Depreciation accounts for the used up portion of
This document provides an overview of international economics. It defines international economics as the study of economic interactions between countries and the effects of globalization and international issues on economic activity. The document outlines some key concepts in international economics including gains from trade, patterns of trade, balance of payments, and foreign direct investment. It also describes the theoretical and descriptive aspects of international economics, discussing pure and monetary theories as well as the institutional environment for international transactions. Overall, the document introduces the broad field of international economics and some of its fundamental concepts.
Globalization refers to the increasing integration and interdependence of world economies through increased trade and financial flows. It involves the increased movement of goods, services, capital, people and ideas across international borders. Some key aspects of globalization include increased international trade, foreign direct investment, and greater integration of financial markets. Globalization has had significant impacts on the Indian economy, including boosting exports but also increasing inequality as not all groups have benefited equally from greater economic openness. It also presents challenges like asymmetric distribution of benefits that can breed opposition to further globalization.
The document provides an overview of international business management. It defines international business as commercial transactions that cross national borders and involve two or more countries. It discusses the nature of international business, including involvement of multiple countries and currencies. The objectives of international business are outlined as integrating economies, offering new markets, and facilitating the exchange of ideas, services, and capital globally. The document also examines factors like political systems, economic environments, socio-cultural differences, and the natural/technological landscape that comprise the international business environment.
This document provides an overview of international business concepts including:
- The definition and meaning of international business as carrying out business activities beyond national boundaries through trade of goods, capital, services, and production.
- Key features of the international business environment including cultural, social, technological, economic, political, and legal forces.
- Trends in international trade such as increasing global exports, shifts to regional trade blocs and multilateral agreements, and a move toward free trade.
- Needs for companies to go international including sales expansion, resource acquisition, risk minimization, diversification, and growth opportunities.
- An introduction to international marketing as the application of marketing principles across national boundaries.
The document discusses key indicators of a country's macro environment including gross domestic product, GDP deflator, consumer price index, sectoral shares of the economy, savings and investment rates, inflation rates, money supply, foreign trade, foreign exchange reserves, economic infrastructure, and social indicators; it also discusses factors that influence a country's competitiveness globally such as availability of skilled managers, total quality management practices, and treatment of labor.
The document provides an overview of the United Arab Emirates (UAE) economy, including:
1) The UAE has transitioned from a largely undeveloped economy to one with a GDP comparable to industrialized nations due to large oil revenues, which allowed the country to invest heavily in infrastructure.
2) The economy has become more diversified with growing sectors like banking, tourism, and real estate, though oil still accounts for about 30% of GDP.
3) Data on starting a business in the UAE is presented, noting procedures, time, and costs required to formally operate a business.
Analysis of the Monetary Systems and International Finance with .docxgreg1eden90113
Analysis of the Monetary Systems and International Finance with Focus on China and Singapore
Name
Institutional Affiliation
Analysis of the Monetary Systems and International Finance with Focus on China and Singapore
Regional Economic Integration and Economic Cooperation
The Asian region is among the leading international economic powerhouses due to its economic potential and size with countries such as China and Singapore dominating the region. Nonetheless, the capacity constraints in various Asian nations and the diversity of the continent complicate the efforts to create a unified market in the Far East. Achieving success in Asia's regional economic integration requires high commitment levels among the member countries in addition to the effective implementation of various initiatives to facilitate economic cooperation (Rillo & Cruz, 2016). I consider China and Singapore as significant players in the global and Asian economies due to their volumes of traded goods and investments in their local and foreign markets. For instance, China leads in the Asian continent, and its economy is the second largest in the world based on its nominal gross domestic product as an indicator of market performance. On the other hand, Singapore's highly developed economy is among the most rapidly growing in the world, and this has allowed the country from a third-world nation into a developed country in about five decades. I also observe that variations scope and breadth exist in regional economic integration, and the economic integration in the East Asia region initially assumed a market-oriented cooperation process before transforming into an economic integration drive.
My understanding is that a trade bloc refers to a form of an agreement between different governments that reduce or eliminate trade barriers to increase trade volumes among the member states. I have also learned that the trade blocs can exist as independent agreements between specific countries or form components of regional organizations. The trade blocs can further be categorized as monetary and economic unions, common markets, customs unions, free trade areas, and preferential trading areas. In Asia, the intergovernmental agreements have resulted in some regional trade agreements as well as the formation of the ASEAN trading bloc. I noted that China and Singapore are currently members of the Association of South-East Nations trading block alongside eight other countries in Southeast Asia. The primary objectives of ASEAN include the facilitation of sociocultural, educational, military, political, and economic integration as well as promoting intergovernmental cooperation in the region (Berman & Haque, 2015). The first stated aim of ASEAN is enhancing the competitiveness of the region in the international market as a production base by eliminating non-tariff and tariff barriers within the member states. The second aim of ASEAN is increasing the volume of FDI's to the Southeast Asia .
The book explores the field of macroeconomics, which studies the performance and behavior of an economy as a whole. It delves into important macroeconomic parameters that policymakers should consider, including balance of payments, exchange rates, fiscal and monetary policy, and economic growth. These concepts are crucial for policymakers to maintain a healthy and sustainable economy by effectively managing trade policies, exchange rates, and capital movements.
This document provides definitions and concepts related to macroeconomics and the macroeconomic environment of business. It defines macroeconomics as the study of the overall economy and discusses key macroeconomic objectives, indicators, and policies. It also explains concepts like GDP, GNP, inflation, money supply, and how they are measured. National income accounting and different economic systems are also summarized.
International Journal of Humanities and Social Science Invention (IJHSSI)inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Introduction This paper looks at the global importance of.pdfbkbk37
This document discusses several topics related to international trade and finance. It begins with an introduction on the importance of financial markets, international trade, and governance to the global economy. It then provides background on the UK financial market and how it contributes significantly to the UK economy. Next, it discusses capital allocation within domestic and international economies and the various methods used by the UK to allocate capital internationally, such as mergers and acquisitions. It also evaluates the economy of the United Arab Emirates, which relies heavily on oil exports. Finally, it notes some challenges faced by the UAE related to industrialization and trade policies, including issues like emigration, unequal income distribution, intellectual property theft, and economic warfare.
The document discusses several key aspects of international business:
1. International business involves commercial transactions between private companies and governments across political boundaries for profit and political reasons.
2. It refers to all business activities that involve cross-border trade of goods, services, and economic resources between nations.
3. Studying international business is important for understanding how to conduct business globally and make informed career and policy decisions.
This document summarizes a research paper that examines the relationship between trade deficits, foreign direct investment, and economic growth in Rwanda from 2000 to 2015. It finds that trade deficits have a negative long-run impact on economic growth, while foreign direct investment has a positive short-run and long-run impact. The paper uses cointegration and vector error correction models to analyze the data and confirms these relationships statistically. It concludes that Rwanda should continue policies to improve net exports and foreign direct investment to support economic growth.
MBA INTERNAL ASSIGNMENT JAIPUR NATIONAL UNIVERSITYANIL KUMAR
The document provides information about global business planning systems and the components of an international business plan. It discusses determining demand in foreign markets, organizational structure, marketing strategy, costs, investment needs, and legal requirements. The key aspects of an international business plan include research on target global markets, supply chain and distribution plans, startup and operational costs, expansion strategy, management structure, financial projections, and obtaining necessary licenses and permits. The business plan communicates the company's goals, risks, and timeline for reaching objectives in global operations.
The document provides an overview of international business, including definitions, objectives, importance, modes, and terms. It discusses how international business allows for the optimization of resources and diversification of risk. Key terms are defined, such as multinational companies, global companies, and transnational companies. International business is described as important for earning foreign exchange, utilizing resources efficiently, achieving corporate objectives, spreading risk, improving efficiency, and gaining government benefits. Common modes of international business include imports/exports, tourism/transportation, licensing/franchising, turnkey operations, management contracts, and direct/portfolio investment.
This chapter discusses analyzing the economic environments of foreign countries. It outlines key dimensions of international economic analysis including gross national income, economic growth rates, inflation, unemployment, debt, and balance of payments. The chapter also profiles different types of economic systems from command to market economies and discusses the transition from centrally planned to market-based systems. Factors that influence economic transition include privatization, liberalization, and establishing appropriate legal and market frameworks.
MS60056E International Trade Finance And Investment.docxstirlingvwriters
The document discusses international trade finance and investment. It provides background on financial markets in the UK, noting that the UK financial market contributes significantly to GDP and employment. It also discusses capital allocation within domestic and international economies. Capital allocation involves distributing resources in a way that maximizes returns and enhances efficiency. Within the UK, capital is allocated to small businesses and infrastructure development. Internationally, the UK allocates capital through mergers and acquisitions, foreign direct investment, and trade.
Globalization affects developed countries in several ways:
1. It compels businesses to consider new strategies that balance individual and community interests.
2. Risk is reduced through diversification and partnerships with international and local businesses.
3. It brings reorganization at international, national and local levels through changes in production, trade and financial market integration.
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...IRJET Journal
1) The document discusses the Sungal Tunnel project in Jammu and Kashmir, India, which is being constructed using the New Austrian Tunneling Method (NATM).
2) NATM involves continuous monitoring during construction to adapt to changing ground conditions, and makes extensive use of shotcrete for temporary tunnel support.
3) The methodology section outlines the systematic geotechnical design process for tunnels according to Austrian guidelines, and describes the various steps of NATM tunnel construction including initial and secondary tunnel support.
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTUREIRJET Journal
This study examines the effect of response reduction factors (R factors) on reinforced concrete (RC) framed structures through nonlinear dynamic analysis. Three RC frame models with varying heights (4, 8, and 12 stories) were analyzed in ETABS software under different R factors ranging from 1 to 5. The results showed that displacement increased as the R factor decreased, indicating less linear behavior for lower R factors. Drift also decreased proportionally with increasing R factors from 1 to 5. Shear forces in the frames decreased with higher R factors. In general, R factors of 3 to 5 produced more satisfactory performance with less displacement and drift. The displacement variations between different building heights were consistent at different R factors. This study evaluated how R factors influence
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This document discusses national income accounting concepts and methods. It provides definitions and explanations of key terms like:
1. Gross domestic product (GDP) is the total value of final goods and services produced within a country's borders in a given year. GDP can be calculated in three ways: expenditure approach, income approach, and value added approach.
2. Gross national product (GNP) is the total value of goods and services produced by a country's citizens and companies during a given year, regardless of location. GNP includes GDP and the net factor income from abroad.
3. Net national product (NNP) is GNP minus depreciation. Depreciation accounts for the used up portion of
This document provides an overview of international economics. It defines international economics as the study of economic interactions between countries and the effects of globalization and international issues on economic activity. The document outlines some key concepts in international economics including gains from trade, patterns of trade, balance of payments, and foreign direct investment. It also describes the theoretical and descriptive aspects of international economics, discussing pure and monetary theories as well as the institutional environment for international transactions. Overall, the document introduces the broad field of international economics and some of its fundamental concepts.
Globalization refers to the increasing integration and interdependence of world economies through increased trade and financial flows. It involves the increased movement of goods, services, capital, people and ideas across international borders. Some key aspects of globalization include increased international trade, foreign direct investment, and greater integration of financial markets. Globalization has had significant impacts on the Indian economy, including boosting exports but also increasing inequality as not all groups have benefited equally from greater economic openness. It also presents challenges like asymmetric distribution of benefits that can breed opposition to further globalization.
The document provides an overview of international business management. It defines international business as commercial transactions that cross national borders and involve two or more countries. It discusses the nature of international business, including involvement of multiple countries and currencies. The objectives of international business are outlined as integrating economies, offering new markets, and facilitating the exchange of ideas, services, and capital globally. The document also examines factors like political systems, economic environments, socio-cultural differences, and the natural/technological landscape that comprise the international business environment.
This document provides an overview of international business concepts including:
- The definition and meaning of international business as carrying out business activities beyond national boundaries through trade of goods, capital, services, and production.
- Key features of the international business environment including cultural, social, technological, economic, political, and legal forces.
- Trends in international trade such as increasing global exports, shifts to regional trade blocs and multilateral agreements, and a move toward free trade.
- Needs for companies to go international including sales expansion, resource acquisition, risk minimization, diversification, and growth opportunities.
- An introduction to international marketing as the application of marketing principles across national boundaries.
The document discusses key indicators of a country's macro environment including gross domestic product, GDP deflator, consumer price index, sectoral shares of the economy, savings and investment rates, inflation rates, money supply, foreign trade, foreign exchange reserves, economic infrastructure, and social indicators; it also discusses factors that influence a country's competitiveness globally such as availability of skilled managers, total quality management practices, and treatment of labor.
The document provides an overview of the United Arab Emirates (UAE) economy, including:
1) The UAE has transitioned from a largely undeveloped economy to one with a GDP comparable to industrialized nations due to large oil revenues, which allowed the country to invest heavily in infrastructure.
2) The economy has become more diversified with growing sectors like banking, tourism, and real estate, though oil still accounts for about 30% of GDP.
3) Data on starting a business in the UAE is presented, noting procedures, time, and costs required to formally operate a business.
Analysis of the Monetary Systems and International Finance with .docxgreg1eden90113
Analysis of the Monetary Systems and International Finance with Focus on China and Singapore
Name
Institutional Affiliation
Analysis of the Monetary Systems and International Finance with Focus on China and Singapore
Regional Economic Integration and Economic Cooperation
The Asian region is among the leading international economic powerhouses due to its economic potential and size with countries such as China and Singapore dominating the region. Nonetheless, the capacity constraints in various Asian nations and the diversity of the continent complicate the efforts to create a unified market in the Far East. Achieving success in Asia's regional economic integration requires high commitment levels among the member countries in addition to the effective implementation of various initiatives to facilitate economic cooperation (Rillo & Cruz, 2016). I consider China and Singapore as significant players in the global and Asian economies due to their volumes of traded goods and investments in their local and foreign markets. For instance, China leads in the Asian continent, and its economy is the second largest in the world based on its nominal gross domestic product as an indicator of market performance. On the other hand, Singapore's highly developed economy is among the most rapidly growing in the world, and this has allowed the country from a third-world nation into a developed country in about five decades. I also observe that variations scope and breadth exist in regional economic integration, and the economic integration in the East Asia region initially assumed a market-oriented cooperation process before transforming into an economic integration drive.
My understanding is that a trade bloc refers to a form of an agreement between different governments that reduce or eliminate trade barriers to increase trade volumes among the member states. I have also learned that the trade blocs can exist as independent agreements between specific countries or form components of regional organizations. The trade blocs can further be categorized as monetary and economic unions, common markets, customs unions, free trade areas, and preferential trading areas. In Asia, the intergovernmental agreements have resulted in some regional trade agreements as well as the formation of the ASEAN trading bloc. I noted that China and Singapore are currently members of the Association of South-East Nations trading block alongside eight other countries in Southeast Asia. The primary objectives of ASEAN include the facilitation of sociocultural, educational, military, political, and economic integration as well as promoting intergovernmental cooperation in the region (Berman & Haque, 2015). The first stated aim of ASEAN is enhancing the competitiveness of the region in the international market as a production base by eliminating non-tariff and tariff barriers within the member states. The second aim of ASEAN is increasing the volume of FDI's to the Southeast Asia .
The book explores the field of macroeconomics, which studies the performance and behavior of an economy as a whole. It delves into important macroeconomic parameters that policymakers should consider, including balance of payments, exchange rates, fiscal and monetary policy, and economic growth. These concepts are crucial for policymakers to maintain a healthy and sustainable economy by effectively managing trade policies, exchange rates, and capital movements.
This document provides definitions and concepts related to macroeconomics and the macroeconomic environment of business. It defines macroeconomics as the study of the overall economy and discusses key macroeconomic objectives, indicators, and policies. It also explains concepts like GDP, GNP, inflation, money supply, and how they are measured. National income accounting and different economic systems are also summarized.
International Journal of Humanities and Social Science Invention (IJHSSI)inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Introduction This paper looks at the global importance of.pdfbkbk37
This document discusses several topics related to international trade and finance. It begins with an introduction on the importance of financial markets, international trade, and governance to the global economy. It then provides background on the UK financial market and how it contributes significantly to the UK economy. Next, it discusses capital allocation within domestic and international economies and the various methods used by the UK to allocate capital internationally, such as mergers and acquisitions. It also evaluates the economy of the United Arab Emirates, which relies heavily on oil exports. Finally, it notes some challenges faced by the UAE related to industrialization and trade policies, including issues like emigration, unequal income distribution, intellectual property theft, and economic warfare.
The document discusses several key aspects of international business:
1. International business involves commercial transactions between private companies and governments across political boundaries for profit and political reasons.
2. It refers to all business activities that involve cross-border trade of goods, services, and economic resources between nations.
3. Studying international business is important for understanding how to conduct business globally and make informed career and policy decisions.
This document summarizes a research paper that examines the relationship between trade deficits, foreign direct investment, and economic growth in Rwanda from 2000 to 2015. It finds that trade deficits have a negative long-run impact on economic growth, while foreign direct investment has a positive short-run and long-run impact. The paper uses cointegration and vector error correction models to analyze the data and confirms these relationships statistically. It concludes that Rwanda should continue policies to improve net exports and foreign direct investment to support economic growth.
MBA INTERNAL ASSIGNMENT JAIPUR NATIONAL UNIVERSITYANIL KUMAR
The document provides information about global business planning systems and the components of an international business plan. It discusses determining demand in foreign markets, organizational structure, marketing strategy, costs, investment needs, and legal requirements. The key aspects of an international business plan include research on target global markets, supply chain and distribution plans, startup and operational costs, expansion strategy, management structure, financial projections, and obtaining necessary licenses and permits. The business plan communicates the company's goals, risks, and timeline for reaching objectives in global operations.
The document provides an overview of international business, including definitions, objectives, importance, modes, and terms. It discusses how international business allows for the optimization of resources and diversification of risk. Key terms are defined, such as multinational companies, global companies, and transnational companies. International business is described as important for earning foreign exchange, utilizing resources efficiently, achieving corporate objectives, spreading risk, improving efficiency, and gaining government benefits. Common modes of international business include imports/exports, tourism/transportation, licensing/franchising, turnkey operations, management contracts, and direct/portfolio investment.
This chapter discusses analyzing the economic environments of foreign countries. It outlines key dimensions of international economic analysis including gross national income, economic growth rates, inflation, unemployment, debt, and balance of payments. The chapter also profiles different types of economic systems from command to market economies and discusses the transition from centrally planned to market-based systems. Factors that influence economic transition include privatization, liberalization, and establishing appropriate legal and market frameworks.
MS60056E International Trade Finance And Investment.docxstirlingvwriters
The document discusses international trade finance and investment. It provides background on financial markets in the UK, noting that the UK financial market contributes significantly to GDP and employment. It also discusses capital allocation within domestic and international economies. Capital allocation involves distributing resources in a way that maximizes returns and enhances efficiency. Within the UK, capital is allocated to small businesses and infrastructure development. Internationally, the UK allocates capital through mergers and acquisitions, foreign direct investment, and trade.
Globalization affects developed countries in several ways:
1. It compels businesses to consider new strategies that balance individual and community interests.
2. Risk is reduced through diversification and partnerships with international and local businesses.
3. It brings reorganization at international, national and local levels through changes in production, trade and financial market integration.
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...IRJET Journal
1) The document discusses the Sungal Tunnel project in Jammu and Kashmir, India, which is being constructed using the New Austrian Tunneling Method (NATM).
2) NATM involves continuous monitoring during construction to adapt to changing ground conditions, and makes extensive use of shotcrete for temporary tunnel support.
3) The methodology section outlines the systematic geotechnical design process for tunnels according to Austrian guidelines, and describes the various steps of NATM tunnel construction including initial and secondary tunnel support.
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTUREIRJET Journal
This study examines the effect of response reduction factors (R factors) on reinforced concrete (RC) framed structures through nonlinear dynamic analysis. Three RC frame models with varying heights (4, 8, and 12 stories) were analyzed in ETABS software under different R factors ranging from 1 to 5. The results showed that displacement increased as the R factor decreased, indicating less linear behavior for lower R factors. Drift also decreased proportionally with increasing R factors from 1 to 5. Shear forces in the frames decreased with higher R factors. In general, R factors of 3 to 5 produced more satisfactory performance with less displacement and drift. The displacement variations between different building heights were consistent at different R factors. This study evaluated how R factors influence
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...IRJET Journal
This study compares the use of Stark Steel and TMT Steel as reinforcement materials in a two-way reinforced concrete slab. Mechanical testing is conducted to determine the tensile strength, yield strength, and other properties of each material. A two-way slab design adhering to codes and standards is executed with both materials. The performance is analyzed in terms of deflection, stability under loads, and displacement. Cost analyses accounting for material, durability, maintenance, and life cycle costs are also conducted. The findings provide insights into the economic and structural implications of each material for reinforcement selection and recommendations on the most suitable material based on the analysis.
Effect of Camber and Angles of Attack on Airfoil CharacteristicsIRJET Journal
This document discusses a study analyzing the effect of camber, position of camber, and angle of attack on the aerodynamic characteristics of airfoils. Sixteen modified asymmetric NACA airfoils were analyzed using computational fluid dynamics (CFD) by varying the camber, camber position, and angle of attack. The results showed the relationship between these parameters and the lift coefficient, drag coefficient, and lift to drag ratio. This provides insight into how changes in airfoil geometry impact aerodynamic performance.
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...IRJET Journal
This document reviews the progress and challenges of aluminum-based metal matrix composites (MMCs), focusing on their fabrication processes and applications. It discusses how various aluminum MMCs have been developed using reinforcements like borides, carbides, oxides, and nitrides to improve mechanical and wear properties. These composites have gained prominence for their lightweight, high-strength and corrosion resistance properties. The document also examines recent advancements in fabrication techniques for aluminum MMCs and their growing applications in industries such as aerospace and automotive. However, it notes that challenges remain around issues like improper mixing of reinforcements and reducing reinforcement agglomeration.
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...IRJET Journal
This document discusses research on using graph neural networks (GNNs) for dynamic optimization of public transportation networks in real-time. GNNs represent transit networks as graphs with nodes as stops and edges as connections. The GNN model aims to optimize networks using real-time data on vehicle locations, arrival times, and passenger loads. This helps increase mobility, decrease traffic, and improve efficiency. The system continuously trains and infers to adapt to changing transit conditions, providing decision support tools. While research has focused on performance, more work is needed on security, socio-economic impacts, contextual generalization of models, continuous learning approaches, and effective real-time visualization.
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...IRJET Journal
This document summarizes a research project that aims to compare the structural performance of conventional slab and grid slab systems in multi-story buildings using ETABS software. The study will analyze both symmetric and asymmetric building models under various loading conditions. Parameters like deflections, moments, shears, and stresses will be examined to evaluate the structural effectiveness of each slab type. The results will provide insights into the comparative behavior of conventional and grid slabs to help engineers and architects select appropriate slab systems based on building layouts and design requirements.
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...IRJET Journal
This document summarizes and reviews a research paper on the seismic response of reinforced concrete (RC) structures with plan and vertical irregularities, with and without infill walls. It discusses how infill walls can improve or reduce the seismic performance of RC buildings, depending on factors like wall layout, height distribution, connection to the frame, and relative stiffness of walls and frames. The reviewed research paper analyzes the behavior of infill walls, effects of vertical irregularities, and seismic performance of high-rise structures under linear static and dynamic analysis. It studies response characteristics like story drift, deflection and shear. The document also provides literature on similar research investigating the effects of infill walls, soft stories, plan irregularities, and different
This document provides a review of machine learning techniques used in Advanced Driver Assistance Systems (ADAS). It begins with an abstract that summarizes key applications of machine learning in ADAS, including object detection, recognition, and decision-making. The introduction discusses the integration of machine learning in ADAS and how it is transforming vehicle safety. The literature review then examines several research papers on topics like lightweight deep learning models for object detection and lane detection models using image processing. It concludes by discussing challenges and opportunities in the field, such as improving algorithm robustness and adaptability.
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...IRJET Journal
The document analyzes temperature and precipitation trends in Asosa District, Benishangul Gumuz Region, Ethiopia from 1993 to 2022 based on data from the local meteorological station. The results show:
1) The average maximum and minimum annual temperatures have generally decreased over time, with maximum temperatures decreasing by a factor of -0.0341 and minimum by -0.0152.
2) Mann-Kendall tests found the decreasing temperature trends to be statistically significant for annual maximum temperatures but not for annual minimum temperatures.
3) Annual precipitation in Asosa District showed a statistically significant increasing trend.
The conclusions recommend development planners account for rising summer precipitation and declining temperatures in
P.E.B. Framed Structure Design and Analysis Using STAAD ProIRJET Journal
This document discusses the design and analysis of pre-engineered building (PEB) framed structures using STAAD Pro software. It provides an overview of PEBs, including that they are designed off-site with building trusses and beams produced in a factory. STAAD Pro is identified as a key tool for modeling, analyzing, and designing PEBs to ensure their performance and safety under various load scenarios. The document outlines modeling structural parts in STAAD Pro, evaluating structural reactions, assigning loads, and following international design codes and standards. In summary, STAAD Pro is used to design and analyze PEB framed structures to ensure safety and code compliance.
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...IRJET Journal
This document provides a review of research on innovative fiber integration methods for reinforcing concrete structures. It discusses studies that have explored using carbon fiber reinforced polymer (CFRP) composites with recycled plastic aggregates to develop more sustainable strengthening techniques. It also examines using ultra-high performance fiber reinforced concrete to improve shear strength in beams. Additional topics covered include the dynamic responses of FRP-strengthened beams under static and impact loads, and the performance of preloaded CFRP-strengthened fiber reinforced concrete beams. The review highlights the potential of fiber composites to enable more sustainable and resilient construction practices.
Survey Paper on Cloud-Based Secured Healthcare SystemIRJET Journal
This document summarizes a survey on securing patient healthcare data in cloud-based systems. It discusses using technologies like facial recognition, smart cards, and cloud computing combined with strong encryption to securely store patient data. The survey found that healthcare professionals believe digitizing patient records and storing them in a centralized cloud system would improve access during emergencies and enable more efficient care compared to paper-based systems. However, ensuring privacy and security of patient data is paramount as healthcare incorporates these digital technologies.
Review on studies and research on widening of existing concrete bridgesIRJET Journal
This document summarizes several studies that have been conducted on widening existing concrete bridges. It describes a study from China that examined load distribution factors for a bridge widened with composite steel-concrete girders. It also outlines challenges and solutions for widening a bridge in the UAE, including replacing bearings and stitching the new and existing structures. Additionally, it discusses two bridge widening projects in New Zealand that involved adding precast beams and stitching to connect structures. Finally, safety measures and challenges for strengthening a historic bridge in Switzerland under live traffic are presented.
React based fullstack edtech web applicationIRJET Journal
The document describes the architecture of an educational technology web application built using the MERN stack. It discusses the frontend developed with ReactJS, backend with NodeJS and ExpressJS, and MongoDB database. The frontend provides dynamic user interfaces, while the backend offers APIs for authentication, course management, and other functions. MongoDB enables flexible data storage. The architecture aims to provide a scalable, responsive platform for online learning.
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...IRJET Journal
This paper proposes integrating Internet of Things (IoT) and blockchain technologies to help implement objectives of India's National Education Policy (NEP) in the education sector. The paper discusses how blockchain could be used for secure student data management, credential verification, and decentralized learning platforms. IoT devices could create smart classrooms, automate attendance tracking, and enable real-time monitoring. Blockchain would ensure integrity of exam processes and resource allocation, while smart contracts automate agreements. The paper argues this integration has potential to revolutionize education by making it more secure, transparent and efficient, in alignment with NEP goals. However, challenges like infrastructure needs, data privacy, and collaborative efforts are also discussed.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.IRJET Journal
This document provides a review of research on the performance of coconut fibre reinforced concrete. It summarizes several studies that tested different volume fractions and lengths of coconut fibres in concrete mixtures with varying compressive strengths. The studies found that coconut fibre improved properties like tensile strength, toughness, crack resistance, and spalling resistance compared to plain concrete. Volume fractions of 2-5% and fibre lengths of 20-50mm produced the best results. The document concludes that using a 4-5% volume fraction of coconut fibres 30-40mm in length with M30-M60 grade concrete would provide benefits based on previous research.
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...IRJET Journal
The document discusses optimizing business management processes through automation using Microsoft Power Automate and artificial intelligence. It provides an overview of Power Automate's key components and features for automating workflows across various apps and services. The document then presents several scenarios applying automation solutions to common business processes like data entry, monitoring, HR, finance, customer support, and more. It estimates the potential time and cost savings from implementing automation for each scenario. Finally, the conclusion emphasizes the transformative impact of AI and automation tools on business processes and the need for ongoing optimization.
Multistoried and Multi Bay Steel Building Frame by using Seismic DesignIRJET Journal
The document describes the seismic design of a G+5 steel building frame located in Roorkee, India according to Indian codes IS 1893-2002 and IS 800. The frame was analyzed using the equivalent static load method and response spectrum method, and its response in terms of displacements and shear forces were compared. Based on the analysis, the frame was designed as a seismic-resistant steel structure according to IS 800:2007. The software STAAD Pro was used for the analysis and design.
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...IRJET Journal
This research paper explores using plastic waste as a sustainable and cost-effective construction material. The study focuses on manufacturing pavers and bricks using recycled plastic and partially replacing concrete with plastic alternatives. Initial results found that pavers and bricks made from recycled plastic demonstrate comparable strength and durability to traditional materials while providing environmental and cost benefits. Additionally, preliminary research indicates incorporating plastic waste as a partial concrete replacement significantly reduces construction costs without compromising structural integrity. The outcomes suggest adopting plastic waste in construction can address plastic pollution while optimizing costs, promoting more sustainable building practices.
Digital Twins Computer Networking Paper Presentation.pptxaryanpankaj78
A Digital Twin in computer networking is a virtual representation of a physical network, used to simulate, analyze, and optimize network performance and reliability. It leverages real-time data to enhance network management, predict issues, and improve decision-making processes.
Blood finder application project report (1).pdfKamal Acharya
Blood Finder is an emergency time app where a user can search for the blood banks as
well as the registered blood donors around Mumbai. This application also provide an
opportunity for the user of this application to become a registered donor for this user have
to enroll for the donor request from the application itself. If the admin wish to make user
a registered donor, with some of the formalities with the organization it can be done.
Specialization of this application is that the user will not have to register on sign-in for
searching the blood banks and blood donors it can be just done by installing the
application to the mobile.
The purpose of making this application is to save the user’s time for searching blood of
needed blood group during the time of the emergency.
This is an android application developed in Java and XML with the connectivity of
SQLite database. This application will provide most of basic functionality required for an
emergency time application. All the details of Blood banks and Blood donors are stored
in the database i.e. SQLite.
This application allowed the user to get all the information regarding blood banks and
blood donors such as Name, Number, Address, Blood Group, rather than searching it on
the different websites and wasting the precious time. This application is effective and
user friendly.
Use PyCharm for remote debugging of WSL on a Windo cf5c162d672e4e58b4dde5d797...shadow0702a
This document serves as a comprehensive step-by-step guide on how to effectively use PyCharm for remote debugging of the Windows Subsystem for Linux (WSL) on a local Windows machine. It meticulously outlines several critical steps in the process, starting with the crucial task of enabling permissions, followed by the installation and configuration of WSL.
The guide then proceeds to explain how to set up the SSH service within the WSL environment, an integral part of the process. Alongside this, it also provides detailed instructions on how to modify the inbound rules of the Windows firewall to facilitate the process, ensuring that there are no connectivity issues that could potentially hinder the debugging process.
The document further emphasizes on the importance of checking the connection between the Windows and WSL environments, providing instructions on how to ensure that the connection is optimal and ready for remote debugging.
It also offers an in-depth guide on how to configure the WSL interpreter and files within the PyCharm environment. This is essential for ensuring that the debugging process is set up correctly and that the program can be run effectively within the WSL terminal.
Additionally, the document provides guidance on how to set up breakpoints for debugging, a fundamental aspect of the debugging process which allows the developer to stop the execution of their code at certain points and inspect their program at those stages.
Finally, the document concludes by providing a link to a reference blog. This blog offers additional information and guidance on configuring the remote Python interpreter in PyCharm, providing the reader with a well-rounded understanding of the process.
Discover the latest insights on Data Driven Maintenance with our comprehensive webinar presentation. Learn about traditional maintenance challenges, the right approach to utilizing data, and the benefits of adopting a Data Driven Maintenance strategy. Explore real-world examples, industry best practices, and innovative solutions like FMECA and the D3M model. This presentation, led by expert Jules Oudmans, is essential for asset owners looking to optimize their maintenance processes and leverage digital technologies for improved efficiency and performance. Download now to stay ahead in the evolving maintenance landscape.
Applications of artificial Intelligence in Mechanical Engineering.pdfAtif Razi
Historically, mechanical engineering has relied heavily on human expertise and empirical methods to solve complex problems. With the introduction of computer-aided design (CAD) and finite element analysis (FEA), the field took its first steps towards digitization. These tools allowed engineers to simulate and analyze mechanical systems with greater accuracy and efficiency. However, the sheer volume of data generated by modern engineering systems and the increasing complexity of these systems have necessitated more advanced analytical tools, paving the way for AI.
AI offers the capability to process vast amounts of data, identify patterns, and make predictions with a level of speed and accuracy unattainable by traditional methods. This has profound implications for mechanical engineering, enabling more efficient design processes, predictive maintenance strategies, and optimized manufacturing operations. AI-driven tools can learn from historical data, adapt to new information, and continuously improve their performance, making them invaluable in tackling the multifaceted challenges of modern mechanical engineering.
Null Bangalore | Pentesters Approach to AWS IAMDivyanshu
#Abstract:
- Learn more about the real-world methods for auditing AWS IAM (Identity and Access Management) as a pentester. So let us proceed with a brief discussion of IAM as well as some typical misconfigurations and their potential exploits in order to reinforce the understanding of IAM security best practices.
- Gain actionable insights into AWS IAM policies and roles, using hands on approach.
#Prerequisites:
- Basic understanding of AWS services and architecture
- Familiarity with cloud security concepts
- Experience using the AWS Management Console or AWS CLI.
- For hands on lab create account on [killercoda.com](https://killercoda.com/cloudsecurity-scenario/)
# Scenario Covered:
- Basics of IAM in AWS
- Implementing IAM Policies with Least Privilege to Manage S3 Bucket
- Objective: Create an S3 bucket with least privilege IAM policy and validate access.
- Steps:
- Create S3 bucket.
- Attach least privilege policy to IAM user.
- Validate access.
- Exploiting IAM PassRole Misconfiguration
-Allows a user to pass a specific IAM role to an AWS service (ec2), typically used for service access delegation. Then exploit PassRole Misconfiguration granting unauthorized access to sensitive resources.
- Objective: Demonstrate how a PassRole misconfiguration can grant unauthorized access.
- Steps:
- Allow user to pass IAM role to EC2.
- Exploit misconfiguration for unauthorized access.
- Access sensitive resources.
- Exploiting IAM AssumeRole Misconfiguration with Overly Permissive Role
- An overly permissive IAM role configuration can lead to privilege escalation by creating a role with administrative privileges and allow a user to assume this role.
- Objective: Show how overly permissive IAM roles can lead to privilege escalation.
- Steps:
- Create role with administrative privileges.
- Allow user to assume the role.
- Perform administrative actions.
- Differentiation between PassRole vs AssumeRole
Try at [killercoda.com](https://killercoda.com/cloudsecurity-scenario/)
Prediction of Electrical Energy Efficiency Using Information on Consumer's Ac...PriyankaKilaniya
Energy efficiency has been important since the latter part of the last century. The main object of this survey is to determine the energy efficiency knowledge among consumers. Two separate districts in Bangladesh are selected to conduct the survey on households and showrooms about the energy and seller also. The survey uses the data to find some regression equations from which it is easy to predict energy efficiency knowledge. The data is analyzed and calculated based on five important criteria. The initial target was to find some factors that help predict a person's energy efficiency knowledge. From the survey, it is found that the energy efficiency awareness among the people of our country is very low. Relationships between household energy use behaviors are estimated using a unique dataset of about 40 households and 20 showrooms in Bangladesh's Chapainawabganj and Bagerhat districts. Knowledge of energy consumption and energy efficiency technology options is found to be associated with household use of energy conservation practices. Household characteristics also influence household energy use behavior. Younger household cohorts are more likely to adopt energy-efficient technologies and energy conservation practices and place primary importance on energy saving for environmental reasons. Education also influences attitudes toward energy conservation in Bangladesh. Low-education households indicate they primarily save electricity for the environment while high-education households indicate they are motivated by environmental concerns.