Should Baseball Ban the DH? :: essays research papers

Should Baseball Ban the DH?   Ã‚  Ã‚  Ã‚  Ã‚  The designated hitter rule has positively influenced Major League Baseball since the American League adopted it in 1973. Not only should it be upheld in the American League, but should also be adopted in the National League. The DH rule allows a designated hitter to bat for pitchers in the batting order.   Ã‚  Ã‚  Ã‚  Ã‚  One of the biggest reasons that the DH should be used is that pitchers can’t hit. Who would you rather see, Manny Ramirez, who had a batting average of .327 last season, or Randy Johnson, who only batted .127. The majority of baseball fans would rather see a batter that can hit the ball instead of a pitcher swinging and missing.   Ã‚  Ã‚  Ã‚  Ã‚  The commissioner is in favor of abolishing the DH, but there is one problem. â€Å"The problem is that the all-mighty players’ union loves the DH because it creates an extra roster spot and enables good hitters to hang on for several years after their prime.† If the players want the DH rule then we should keep it. Why get rid of something that the players don’t want to get rid of. Japan and the National League are the only two places not using the DH.   Ã‚  Ã‚  Ã‚  Ã‚  Another reason to keep the DH is that it does allow good hitters to keep playing baseball. Without the DH position, the careers of many great players would have been cut short. Hall-of-famer Eddie Murray and future hall-of-famers Harold Baines and Paul Molitor finished their careers as designated hitters. Eddie Murray and Paul Molitor were able to reach 3,000 hit plateau thanks to the DH rule, and as a result fans were able to watch them in action for years after they otherwise would have had to retire.   Ã‚  Ã‚  Ã‚  Ã‚  It’s almost certain that the Seattle Mariners’ Edgar Martinez, who is 40 and still hitting .331 this past season, would no longer be playing in the Major Leagues if the designated hitter rule did not exist. According to a 2002 Sports Illustrated article, â€Å"This man is an athlete, as pure a hitter as they come, and he still contributes to his team.† It is unfair to players like Martinez to abolish the DH rule.   Ã‚  Ã‚  Ã‚  Ã‚  Critics say that it takes away from the way the game is supposed to be played. The rule, actually brings out the pureness of the game. It lets the hitters concentrate on hitting and the pitchers on pitching.

Cheque Truncation System

Lawyersclubindia Article : Cheque truncation in the Indian Scenario Page 1 of 3 Cheque truncation in the Indian Scenario During the last two decades or so the attitude and lifestyle of the consumers of banking service have been influenced by the advancement in technology. In tune with technological changes the banksaâ‚ ¬Ã¢â€ž ¢ delivery system has to undergo tremendous transformation. The financial reforms process has enabled many competitors to enter the financial services market with a higher degree of efficiency and customer friendly behaviour. The public sector banks although reacted promptly to the new challenges, have not kept pace with the new entrants in the arena because of their inherent limitations. Under the impact of technology, the banks have been trying to innovate newer products and services to become more competitive in the ever demanding customer driven market. The technology has made it possible for the banks to come to terms with the demands of customers. The system of cheque truncation is prevalent in several foreign countries. Denmark and Belgium are the pioneers in the truncation system. They adopted complete cheque truncation system more than two decades ago. Sweden is the typical example for having achieved complete truncation where all the cheques can be presented and encashed at any branch; irrespective of the bank on which they are drawn. The process of cheque truncation is not only quick but also meets the requirements of future electronic transactions. In India the collection and payment of cheques is governed by the provisions of the Negotiable Instruments Act, 1881 which requires that the instruments must be in writing and have to be physically presented for payment in due course (before the amendment in the Negotiable Instruments Act). In view of this requirement the time taken for the processing of cheques, etc. was long particularly for the outstation cheques. In a country like India, the time taken for collection of outstation cheques is rather tiring for the customers. With the advent of technology, the Government of India and Reserve Bank of India took initiative to improve the customer service. The working group constituted in 1982 to consider the feasibility of introduction of MICR/OCR technology for cheque processing recommended that India should join SWIFT (Society for Worldwide Interbank Financial Telecommunication) Network for the transmission and reception of international financial messages as well as instil electronic forms of monetary transaction in the Indian economic transactions. The term aâ‚ ¬? hequeaâ‚ ¬ has been defined in Section 6 of the Negotiable Instruments Act as aâ‚ ¬? bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demandaâ‚ ¬ . As per definition it is essential that cheque should be presented for payment. But in truncation, the physical cheque is not presented but only its image shall be transmitted to the paying branch. ** In common parlance the word aâ‚ ¬? tru ncatedaâ‚ ¬ means deformed, disfigured, mutilated, etc. As per the Negotiable Instruments Act, the truncated cheque means a cheque which is truncated during the course of a clearing cycle. The process of truncation requires the banker to convert the cheque data into electronic form for the purpose of safe keeping or to return the cheques at the request of the banker or to provide information on cheques as and when requested. The cheque in the electronic form means a cheque which contains the exact mirror image of a paper cheque and is generated, written and signed in a secure system ensuring minimum safety standards with the use of digital signatures (with or without biometric signature) and http://www. lawyersclubindia. com/articles/print_this_page. asp? rticle_id=250 7/24/2011 Lawyersclubindia Article : Cheque truncation in the Indian Scenario Page 2 of 3 asymmetric crypto system. Features of truncated cheque system With the advent of technology and cyber era, security of the system has acquired prime importance. No doubt, the financial institutions have started providing fast services than ever before. But the technology has brought in its trail security problem als o. Under the cheque truncation system, therefore, the image of the cheque is captured at the point of deposit where it is sealed and encrypted before its transmission. This renders it tamper proof. This is done strictly as per international standards. The transmission between the presenting, paying and payee bank is authenticated by a certificate authority as part of the public key infrastructure. The process of image certification at the banks is certified by an independent auditor to ensure that it conforms to the requirements of the laws of evidence of that country. Under the cheque truncation system all cheques are transmitted electronically. The original cheques are retained by the collecting banker. Indian scenario Truncation of cheques can be done by the clearing house or the bank which collects the truncated version of the cheque. As per Section 81 of the Negotiable Instruments Act, the banker who receives the payment, is also supposed to retain the copy of the cheque even after payment has been done. Section 89 of the Negotiable Instruments Act says that any distinction between the original cheque and the truncated image should be construed as material alteration. In such cases it is obligatory on the part of the clearing house or the bank to ensure the correctness of the truncated image while transmitting the image. An explanation has been added to Section 131 of the Negotiable Instruments Act vide the Negotiable Instruments (Amendment and Miscellaneous Provisions) Act, 2002. It says that it shall be the duty of the banker who receives payment based on an electronic image of a truncated cheque to ensure that there is no fraud, forgery or tampering apparent on the face of the instrument. It would be seen that after the amendment the responsibility of the collecting bank has increased manifold. Earlier it was the position that if he collects any instrument in good faith and without negligence he was not liable for any fraud, etc. But after the amendment it is obligatory upon the collecting bank to verify the genuineness of the cheque with greater degree i. e. due diligence. Hence the cheque truncation system has burdened the collecting banker with a greater degree of responsibility. As per sub section (2) of Section 64 of the Negotiable Instruments Act, where an electronic image of a truncated cheque is presented for payment, the drawee bank is entitled to demand any further information regarding the truncated cheque from the bank holding the truncated cheque in case of any reasonable suspicion. Two new sub-sections have been added to Section 89. As per these sub sections any difference in apparent tenor of electronic image and the truncated cheque shall be a material alteration and it shall be the duty of the bank or the clearing ouse, as the case may be, to ensure the exactness of the apparent tenor of electronic image of the truncated cheque while truncating and transmitting the image. In spite of the advantages, the truncation system has its own drawbacks. The truncated cheques are vulnerable to fraudsters who can hack into this system and change the contents of the cheques. So the security of the system must be ensured. RBI has taken upon itself setting up of a safe, secure and http://www. lawyersclubindia. com/articles/print_this_page. asp? article_id=250 7/24/2011 Lawyersclubindia Article : Cheque truncation in the Indian Scenario Page 3 of 3 efficient communication network for the exclusive use of the banking sector known as INFINET (Indian Financial Network). This network is already being used by a large number of banks for transfer of funds. INFINET uses the latest technology and security called PKI (Public Key Infrastructure) which is within the legal requirements of the Information Technology Act, 2000. Source : – http://www. ebc-india. com/practicallawyer/index. php? option=com_content&task=view&id=8047&Itemid=54 http://www. lawyersclubindia. com/articles/print_this_page. asp? article_id=250 7/24/2011

Steroids Should Not Be Banned Essay - 1611 Words

Steroids are a Schedule III controlled substance in the U.S. and are illegal to own or use without a prescription from a doctor. Banned in almost all athletic competitions and sports because they work so well, but are dangerous in large quantities as anything else is. More properly known as anabolic-androgenic steroids (AAS) and are synthetic derivatives of testosterone, that behave like male sex hormones. They include hormones, alkaloids, and vitamins. Steroids can be taken three different ways; as a cream applied to the skin, Injected into the bloodstream, or orally as a pill. The increase in testosterone benefits from using steroids is an increase in body size, increase in muscle strength, and an increased healing rate. The risk factors of increased testosterone are unwanted libido, aggression, acne, hair loss, increase of blood pressure, and decreases your â€Å"good† Cholesterol (Livestrong). The risks of your overall health continue into kidney problems, liver d amage, and altering your heart structure and function. AAS are banned in most sports because of their short term increase in muscle strength and long term health risks, which gives users an unfair advantage in sports. AAS have a molecular structure containing four rings of carbon atoms (three six-membered and one five)(Wiki). Anabolic meaning they promote cell growth, and androgenic meaning they effect the development and maintenance of masculine characteristics. Anabolicly they increase proteinShow MoreRelatedShould Steroids Be Banned?534 Words   |  2 PagesThe third argument presented is that even if steroids are banned, they should not be banned from sports because there are a multitude of other risks already associated with sports, and steroids increase competition. Just last year, a media car ran Johnny Hoogerland off the road during the Tour de France, sending him headlong into barbed wire. Redskins quarterback Joe Theismann famously had his leg broken and career ended mid-game, and the devastating long term effects of concussions are rapidlyRead MoreSteroids Should Not Be Banned1631 Words   |  7 Pagesfan’s face into the concrete This all happened because the football player was taking steroids. People say steroids are not dangerous but they are very dangerous because steroids can damage the person and their body, are also very addicting, and also ruin your sporting careers. Terms associated with steroids are stacking and cycling. Some users combine several different types of steroids or add other steroids or nonsteroidal supplements in an attempt to make them big which is known as stacking (Arnold)Read MoreSteroids Should Not Be Banned2093 Words   |  9 PagesSteroids By: Taci Miller For many years people have debated whether not to have steroids in sports, or to keep them away from all competition. However some athletes use steroids anyway to â€Å"get ahead† of the competition. These action can cause athletes being kicked out of a game or even all future competition. Some people ask â€Å"Why use steroids?† Some athletes use drugs, where they can train their bodies hard and then have their bodies recover fast. Different types of athletes use steroids in differentRead MoreSteroids Should Not Be Banned1316 Words   |  6 PagesSteroids have been around the athletic programs for years and the most testing has come out to spot this type of cheating in order to make playing sports fair. Society has become very lazy over the years and building up hard work has been taking for granted and a lot of people these days spend more time trying to cheat than making the effort to stay steady at the gym and achieve perfection correctly. Effects on steroids come with the good and bad just like everything that is added to the body. WhenRead MoreAnabolic Steroids Should Be Banned1348 Words   |  6 PagesSteroids, more specifically anabolic steroids, are drugs that can be legally prescribed or taken illegally, to boost strength and increase athletic performance. They are based off of the hormone testosterone. On the street where the drug is sold illegally, the common slang names are â€Å"arnolds†, â€Å"gym candy†, â€Å"pumpers†, â€Å"roids†, â€Å"stackers†, â€Å"weight trainers†, and â€Å"juice†. Steroids have a long, long history, especially in regards to sporting events. Anabolic steroids were not really used worldwide untilRead MoreSteroids Should Not Be Banned1857 Words   |  8 Pagesnot count if there is no way to get caught. For example, if an athlete uses steroids to enhance their performance but does not get caught then it is not considered cheating at all. This topic of cheating and the use of steroids can be linked together because steroids help a person â€Å"cheat† on their performance abilities and physique, specifically for athletes of modern day. There has been an increase of the use of steroids in order to enhance the performance of many athletes and including some putRead MoreSteroid Use Sports : Steroids Should Not Be Banned2008 Words   |  9 PagesSteroid use in sports When it comes to the topic of steroid use in sports, some of us will agree that it is a debatable topic. Where this argument usually ends, however, is on the question of whether or not it is cheating to use steroids while in a sport. Whereas some are convinced that it is not cheating due to the benefits it provides towards muscle growth and repair, others maintain their belief that it is a form of cheating because of the regulations that have been acted upon it. I agree thatRead MoreAnabolic Steroids Should Be Banned844 Words   |  4 PagesAnabolic Steroids are used to decrease inflammation and reducing the activity of the immune system. Steroid drugs are a class of synthetic compounds that act to mimic hormones that occur naturally within the human body. There are three types of steroids anabolic, androgenic and corticosteroids. Androgenic steroids and corticosteroids are used to treat many medical conditions. Anabolic steroids can also be used to treat medical conditions but thos e are also the kind that are often abused by some athletesRead MoreAnabolic Steroids Should Be Banned Essay1118 Words   |  5 PagesAn anabolic steroid is a synthetic steroid hormone that resembles testosterone in promoting the growth of muscle (NIDA 2004). Anabolic Steroids are taken by many athletes, whether male or female and can harm the body. There are many anabolic, androgenic effects, and risks. When you continue to negatively use this kind of drug to succeed life threatening consequences come into effect. ..(needs more context ) â€Æ' Introduction In many states and surrounding countries athletes are using what are labeledRead MoreAnabolic Steroids Should Be Banned Essay1814 Words   |  8 PagesFor years, anabolic steroids have been used by competitive athletes have used to improve performance through muscular size or strength, and by noncompetitive weight trainers for purely cosmetic physique enhancement. In the vast majority of cases, users of that have taken steroids for prolonged periods have reported considerable gains in physical size and strength. However, a large number of side effects and health risks have been linked to extended use of anabolic steroids. Research has indicated

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Lord Of The Flies Character Analysis Essay - 1784 Words

Sometimes, looks can be deceiving. Nobody can predict the success of a person simply according to his/her appearance. In William Golding’s Lord of the Flies, the consequences of making the incorrect decision based on one’s looks is revealed. In this novel, a group of young British boys are stranded on an isolated island with no adults as a result of a plane crash. They must remain civilized and create rules themselves to ensure that order is not lost. To do so, they elect a fair-haired and attractive boy named Ralph as the island’s chief. However, when a strange beast makes its appearance on the island, panic rules over the boys. Ralph’s control over the group is diminished as Jack takes over. All faith in being saved is lost when†¦show more content†¦Piggy clearly requests Ralph not to reveal his nickname, but Ralph tells the other boys without his consent. Ralph does not stop the injustice shown towards Piggy or the humiliation he suffers. This reveals his ineffectiveness as a leader because he does not make decisions or take actions that are necessary for the wellbeing of everyone. Many more unfair incidents take place later on in the book that may have been avoided if Ralph realized the importance of Piggy earlier in the novel, before everything slipped out of his control. Furthermore, Ralph does not demonstrate concern for everyone’s safety. Piggy attempts to talk sense into the boys and make them realize their mistakes, however Ralph fails to take action when the boy with a mulberry-coloured birthmark disappears. His reply to Piggy’s question is â€Å"muttered [...] as if in shame†: â€Å"‘Perhaps he went back to the, the-’† (47). Ralph’s lack of empathy and initiative is clearly shown in this passage. By being unable to provide an explanation, Ralph proves that he does not view the disappearance of a young boy as a serious matter. He once again breaks the trust of the bo ys while they remain unaware of his unfair actions. Although a majority of the island’s inhabitants appear unconcerned, Ralph acts unjustly when he chooses to do the same. He does not take the responsibility to search for the boy with a mulberry-coloured birthmark. Instead, Ralph simply â€Å"muttered [...] as if in shame† and tries toShow MoreRelatedLord Of The Flies Character Analysis Essay718 Words   |  3 PagesHave you ever thought what type of hardships children would deal with when stranded on an island? This question is answered in the story called Lord of the Flies, written by William Golding. The character focused on will be a boy named Ralph, a blond boy who is built like a boxer. He, Ralph, is the main character, is perceived as the protagonist, and is seen as the leader. Ralph lead the other children with rudimentary leadership, his obsession with fires, he blew the conch that started everythingRead MoreLord Of The Flies Character Analysis Essay1414 Word s   |  6 Pages Analysis of Societal Constructs Displayed in LORD â€Å"We hold these truths to be sacred and undeniable; that all men are created equal and independent, that from that equal creation they derive rights inherent and inalienable, among which are the preservation of life, and liberty, and the pursuit of happiness†. This famous phrase that derives from the Declaration of Independence brought forth notion that of all of humanity is to be acknowledged as equal and are guaranteed rights of life which are toRead MoreLord Of The Flies Character Analysis Essay1094 Words   |  5 Pagesbut, in the novel Lord of the Flies by William Golding the main character Ralph and the other boys were shot down in a plane crash. Before the plane crash these boys never knew each other. Through the novel they were able to grow close bounds until the effects of having no civilization ended in unfortunate events for some. Ending in deaths of important characters leading to a rescue that many of the boys had given up hope on. Ralph develops from a ratio nal and civilized character to someone who comeRead MoreLord Of The Flies Character Analysis Essay750 Words   |  3 Pagesother. Among them. A wild uncivilized gang of boys establishes a great example of anarchy with none to tell them otherwise. They are all alone so no one to turn to in times of violence or disagreeance possibly leading to murder and crime. In Lord of the Flies, Golding represents Simon as the peace and equality in our society he is the one in the book who resorts to compromise rather than conflict such as the way he died with the group completely malling him thus killing him. Simon is the one and onlyRead MoreLord Of The Flies Character Analysis Essay944 Words   |  4 PagesHow does Ralph stand out amongst the other boys? Lord of the Flies ,written by William Golding and created during the Cold War, however it based during World War II. Ralph, a character in the novel who demonstrates an obvious sense of common sense amongst the other boys and due to his perse verance through all his adversities made him stronger amongst the other boys. Ralph believes in the attempt to keep sense and order, accepts the role of leader , and thinks that maintaining the fire remains essentialRead MoreLord Of The Flies Character Analysis Essay814 Words   |  4 PagesHowever, society attempts to lock those instincts away by casting a burden called rules upon them. In the allegorical text, Lord of the Flies, William Golding depicts a group of boys, stranded on a tropical island, free of civilization. Here he paints an image of what humans really are without the burdens of society. In Golding’s psychological allegory The Lord of the Flies, Jack embodies the ID, someone who acts based on his/her own basic wants and needs, for the sake of establishing his theme:Read MoreLord Of The Flies Character Analysis Essay772 Words   |  4 PagesLord of the Flies is a novel written in 1954 by William Golding. A plane carrying a group of British citizens trying to escape the nuclear war gets shot down and lands on a deserted tropical island. The only survivors are children ranging from the age of six to twelve-year-olds. The younger children are nick named â€Å"littluns† and the older children are nick named â€Å"biguns†. At first, they celebrate their freedom from the war but then they begin to realize there arent any adults to supervise them,Read MoreLord Of The Flies Simon Character Analysis Essay852 Words   |  4 PagesLord of the Flies: William Golding In Lord of the Flies, Simon shows to be an important role in the story as he uncovers the mystery of the beastie. He is seen to be shy and to himself but soon shows his full brain capability and what he can offer to the group but it goes unnoticed. His personality is unique and shows much potential, as does mine. Both me and Simon are independent, sensitive, and introverted as this presents an idealistic nature. Simon is one to resist the influence of those aroundRead MoreLord of the Flies: Character Analysis of Ralph Essay613 Words   |  3 PagesImagine a world without order. A world with no leadershipÂâ€"no rationality whatsoever. Take Ralphs character away from the equation and William Goldings Lord of the Flies would be just thatÂâ€"chaos. Being the protagonist of the novel, Ralph is the major representative of civilization, order, and productive leadership. If it werent for Ralphs coordination, determination, and logical thinking, the boys would never be rescued, and would eventually die. As the novel progresses, Ralphs self-confidenceRead MorePiggy Character Analysis - Lord of the Flies Essay985 Words   |  4 PagesIn every piece of literature there is always one character that stands out to me. Coincidentally, the characters I usually choose to admire are the weak, unpopular, failure types. In the book â€Å"Lord of the Flies† by William Golding the character that stood out to me most was Piggy. He was the boy whose real name was never mentioned, but his real name wouldn’t be as symbolic as the nickname he had throughout the book. Throughout the earlier chapters I pictured Piggy as the run of the mill loser that

Implications Social and Economic Development MyAssignmenthelp.com

Question: Discuss about the Implications for Social and Economic Development. Answer: Introduction This essay is focused on the analysis of perfect competition monopoly, oligopoly and monopolistic competition in Australia. A market is the combination of the various structures which is analysed on the basis of seller, buyers and competition in the perspective market. Market structures are the important elements of economy, on basis of these strategic tactics are planned to emerge in the market as a leader (Bond and Hughes, 2013). Basically in economics there are four types of market structure such as perfect competition, monopoly, oligopoly and monopolistic. Market contains many features like number of firms, competitors, market share of leading firm and buyers structure. Market structure is formed on the basis of characteristics of a particular market. In study of microeconomics, market analysis is very important because of evaluate the performance of market leader and it is a quick guider for the new entrants in the perspective market (Whittington, 2015). Where, perfect competiti on is the familiar structure in which many buyers and many sellers exist so the competition is very high but the other structure have specific characteristics to as number of leaders, product differentiation and entry and exist suitability in the market. This article is chosen for the analysis of different type of market structure. This article was published by the ABC news Australia and the author was Stepehn Letts. At the same time, it was published on 8 April 2016. This article discusses about the issue of marker structure in Australia containing the broadband market review. Topic of the article is NBN to entrench broadband oligopoly (ABC, 2016). It assessed that Australia is the market where pool of business exist and there is a tuff competition in the market. At the same time, the competition and consumer commissions focus is changing towards the pricing policy for services. This article infers about the broadband market of Australia with different market structures. In Australian market there are many broadband leaders proving the open access service to the consumers such as NBN, Telstra, Optus, TPG and Vocus which are committed to connect the Australian households by cable and telecommunication network (Businessreviewaustralia , 2014). Along with this, there is an oligopoly type of market competition is striving. Oligopoly market is specific types of market where there are exists few seller and new market players cant easily enter because of some market restriction. At the same time, monopoly is a situation where only one seller and many buyers exist and it is too typical to enter into the market (Filho, 2011). National broadband network is creating barriers for new entrants in the Australian broadband market. On the other hand, new player need to 100000 subscriber of broadband for equilibrium performance and if new players want to get the revenue than it requires 200000 cable access consumer from the Australian market. It is stated that new entrants are ready to tap the new market but it requires assessing the market performance to sustain in the market and need heavy investment in the broadband market. NBN is the major pillar for new comers in market and it hamper them to create the link in the market. It is assessed that Telstras performance in market is too high as it generated 80% revenue of the telecommunication industry in Australia so it have monopoly in the market and it can bound the new entrants to capture the market. If the monopoly of Telstra is removed than new player can easily enters. Further, in telecommunication market of country monopoly is losing and oligopoly is emerging because more than one leader is tapping the market (Telstra, 2017). It is difficult for the company to urge the monopoly for long time because technology is one reason which force back to new entrants. It is beneficial for the oligopoly marketer to sustain for long time to preserve the competitive advantages because the rate of new entrants is very low as compare to other market. Perfect competition and monopoly market has the control over new entrants but the monopolistic market structure does not force to company to entering. From the evaluation of article is found out that market leader firms impact the business of new entrants in the perspective market because of their competitive advantages as strong consumer base. At the same time, NBN is the market leader in the telecommunication sector of Australia and it is creating challenges for new market players (Tyres, 2014). Further, NBNs policy is to introduce the high speed fiber cable in the market which would impact the competitors. With this it is delivering the reliable service to the customer of broadband service. From the analysis it is conceived that the future telecom market of Australia would be very competitive because of new technology, advanced cloud computing and innovative products (Venture consulting, 2011). Moreover, monopoly in this sector forces the existing players to come up with new technology and gain the competitive advantages over the market. Different types of market structures Every market structure has its own unique characteristics to deploy in the current market. Monopoly and oligopoly market are similar at some aspect as both of types restricts the new entry. On the other hand, perfect competition and monopolistic competition has no bound to enter and exit the new player and these market structures have homogenous and heterogeneous product to offer. In Australian market new technology would pace the growth of the market and NBN would be leading player in the market. Conclusion On the basis of above analysis it can be concluded that Australian telecommunication market is experiencing the tuff competition and it would be more critical when new players would enter in the market. It is also analyzed that this market tempting the monopoly of Telstra but the NBN ltd is creating barriers for new market players. It is also concluded that market contains the different structures on the basis of seller, buyers and competition level. Further, the takeover of the companies has also impacted the market player and resulted into the losing broadband subscribers. It is very difficult for the new player to enter into the new market and sustain for long time by facing challenges of current market. References ABC, (2016) NBN to entrench broadband oligopoly: analysts. Available at: https://www.abc.net.au/news/2016-04-08/nbn-to-entrench-broadband-oligopoly/7310228 (Accessed: April 26, 2017). Bond, T. and Hughes, C. (2013) A-level Economics Challenging Learn-By-Example (Yellowreef). UK: Yellowreef Limited. Businessjargons, (2017) Oligopoly Market. Available at: https://businessjargons.com/oligopoly-market.html (Accessed: April 27, 2017). Businessreviewaustralia, (2014) Australias Telecom Giants: The Future of Competition in the Industry. Filho, C. (2011) A Legal Theory of Economic Power: Implications for Social and Economic Development. USA: Edward Elgar Publishing. Neff, R. (2014) Introduction to the US Food System: Public Health, Environment, and Equity. USA: John Wiley and Sons. Telstra, (2017) https://www.telstra.com.au/broadband/nbn/what-is-the-nbn (Accessed: April 26, 2017). Tyres, R. (2014) SERVICE OLIGOPOLIES AND AUSTRALIAS ECONOMY-WIDE PERFORMANCE. Available at: https://www.business.uwa.edu.au/__data/assets/pdf_file/0005/2585102/14-18-Service-Oligopolies-and-Australias-Economy-Wide-Performance.pdf (Accessed: April 26, 2017). Venture consulting, (2011) The impact of the Australian National Broadband Network on the Communications Sector: A forensic view. Available at: https://www.ventureconsulting.com/assets/NBN-A-forensic-view2.pdf (Accessed: April 27, 2017). Whittington, O. (2015) Wiley CPAexcel Exam Review 2015 Study Guide (January): Business Environment and Concepts. USA: John Wiley and Sons.

Advertising Print free essay sample

It is my great pleasure to take this opportunity to acknowledge the contribution of number of people who helped me in successful completing of this project. Firstly I would like to express my heartily gratitude and sincere thanks to Mr. Agarwal Sir for allowing me to do this project and gratefully acknowledge the contribution by him without his support and valuable suggestion this project could not be successful. I offer my heart self regards to Mrs Aradhana Albert for her continuous guidance, monitoring and informal discussion which become light for me in the entire duration of this project in overcoming the barrier and reaching this stage. Finally I am sincerely thankful to others who have directly or indirectly helped me in the completion of the project. (SHILPA JINDAL) 1|Page PREFACE The title of my project is ETHICAL ISSUES IN ADVERTISING. Advertising can be defined as any paid form of non personal presentation and promotion of ideas, goods or services through mass media such as newspapers, magazines, television or radio by an identified sponsor So basically advertising is a mass communications device through which companies promote or market their product to the consumer, and this enables them to make informed consumption decisions. As now a days advertisements have a very great impact on the consumer’s behavior; it plays very important role in our Indian economy directly or indirectly. so if it become unethical it leads our society in wrong direction. To overcome these problems certain ethical standards are set up by the government and I want to throw a light on this only. As it is a very wide field so here I am restricted to the electronic media only. We have to think about this unethical problem and this wrong presentation of business. So that we can give good ethics to our youngsters. 2|Page EXECUTIVE SUMMARY TITLE The title of the project is â€Å"ETHICAL ISSUES IN ADVERTISEMENT†. Advertising can be defined as any paid form of non personal presentation and promotion of ideas, goods or services through mass media such as newspapers, magazines, television or radio by an identified sponsor. INTRODUCTION Advertising plays an important part in our everyday lives as it enables us to choose between different ranges of products. These products are promoted through different types of advertisements and cater to all types of markets. On the other hand advertising is plagued with social and ethical issues as it results in over consumption and waste of resources. Advertising creates an environment where it abuses certain values and interests that are not universally agreed upon. For example in 2001 Yves Saint Laurent launched a fragrance called ‘Opium which featured a naked model. This stirred controversy and people found it offensive and sex was being used openly to promote a perfume. For a fashion magazine the advertisement was fine but for billboards it was inappropriate and some social groups found it morally and ethically wrong. Some times advertising draws mixed response from the public, while sometimes it becomes controversial. SCOPE AND OBJECTIVE OF STUDY Many advertisements are designed to generate increased consumption of those products and services through the creation and reinvention of the brand image†. For these purposes, advertisements sometimes embed their persuasive message with factual information. Every major medium is used to deliver these messages, including television, radio, cinema, magazines, newspapers, video games, the Internet, carrier bags and billboards. Advertising is often placed by an advertising agency on behalf of a company or other organization. 3|Page Advertising is a powerful communication force, highly visible and one of the most important tools of marketing communication that helps to sell products, services, ideas and images etc. Many believe that advertising reflects the need of the times. Whether one likes it or not, advertisements are everywhere. They are seen on the walls, on the back of buses, in play grounds, on the occasion of sports event, on roadsides, in the stores and even on aeroplanes. Advertisements are seen in newspapers, in magazines, on the television, on internet and are even heard on radio. The fact is that we are being bombarded with advertisements day in and day out from all imaginable media. The average consumer is exposed to a very large number of advertisements every day, particularly the urban and semi urban population. In spite of this, to the dismay and irritation of some and enjoyment of others, advertisement will continue to make their presence felt in our lives and influence our lives in many unsuspecting ways because of rapid changes in macro- environment and in our perception, impressions, feelings, attitudes and behaviour. It seems almost impossible to remain totally neutral and not take any notice of modern-day advertising. The most visible part of the advertising process is the advertisements that we see, read, or hear and praise or criticise. Many suitable adjectives are used to describe advertising, depending on how an individual is reacting, such as great, dynamic, alluring, fascinating, annoying, boring, intrusive, irritating and offensive, etc. METHODOLOGY For completing this project the required information or the raw data is gathered from the sources like websites , journals, magazines ,text books etc which is the most difficult task of this project making as it is the most time consuming process. but overall this topic is quite interesting to gain knowledge about the ethics in ads the controversial ads also. The purpose of taking this topic is that in the present scenario advertisement has a great impact on the consumer’s behavior so if it becomes unethical it will lead the society in the wrong direction. To overcome these problems certain ethical standards are set up by 4|Page the government or regulation bodies and i want to throw a light on this only. Ethics basically refers to what is right, good or consistent with virtue. Advertising generates complex ethical questions which have to be considered, as this mode of communication commits some highly controversial ethical acts which are damaging to the society as a whole. SUMMARY OF FINDINGS AND RECOMMENDATIONS Here I am restricted to the ethical issues of advertisement related to television media only as this subject has a very wide arena to be focused on. Her I just want to know that how much these set standards are successful in maintaining the dignity of the Indian’s beliefs and their feeling. 5|Page RESEARCH METHODOLOGY TITLE – Ethical Issues In Advertising Advertising is a form of communication that typically attempts to persuade potential customers to purchase or to consume more of a particular brand of product or service. Ethics refers to principles that define behavior as right, good and proper. Such principles do not always dictate a single moral course of action, but provide a means of evaluating and deciding among competing options. In the present scenario advertisement has a great impact on the consumer’s behavior so if it becomes unethical it will lead the society in the wrong direction. To overcome these problems certain ethical standards are set up by the government or regulation bodies. DURATION OF PROJECT This is a very long term project so we have been provided with a period of one month for the completion. To make it easy this period was bifurcated into various sections of making blue print, abstract, collecting primary data, secondary data, making preliminary report, secondary report and final report at the end which makes the whole process easy to attempt. OBJECTIVE Advertising plays an important part in our everyday lives as it enables us to choose between different ranges of products. These products are promoted through different types of advertisements and cater to all types of markets. On the other hand advertising is 6|Page plagued with social and ethical issues as it results in over consumption and waste of resources. ‘Advertising creates an environment where it abuses certain values and interests that are not universally agreed upon. Advertisements as Mirrors of prevailing norms Marketers claim that advertising simply mirrors the attitudes and values of the surrounding culture. No doubt advertising, like the media of social communications in general, does act as a mirror. But, also like media in general. It is a mirror that helps shape the reality it reflects, and sometimes it presents a distorted image of reality. Advertisers are selective about the values and attitudes to be fostered and encouraged, promoting some while ignoring others The purpose of taking this topic is that in the present scenario advertisement has a great impact on the consumer’s behavior so if it becomes unethical it will lead the society in the wrong direction. To overcome these problems certain ethical standards are set up by the government or regulation bodies and I want to throw a light on this only. I can differentiate my objectives for taking this topic as follows: †¢ To know the various ethical marketing strategies of the market leaders. †¢ To know how can we make a ethical advertisement. †¢ To know the impact of unethical advertisement on the society. †¢ To enhance my marketing skills. †¢ To know the role of advertisement in the success of any organization. TYPE OF RESEARCH As I took the data from magazines , books, internet links , journals and news papers. It is research of descriptive type. SCOPE OF STUDY Advertising is a powerful communication force, highly visible and one of the most important tools of marketing communication that helps to sell products, services, ideas and images etc. Many believe that advertising reflects the need of the times. Whether one likes it or not, advertisements are everywhere. They are seen on the walls, on the back of 7|Page buses, in play grounds, on the occasion of sports event, on roadsides, in the stores and even on aero planes. Advertisements are seen in newspapers, in magazines, on the television, on internet and are even heard on radio. Here I am focusing mainly on the media as a source of advertising. The fact is that we are being bombarded with advertisements day in and day out from all imaginable media. The average consumer is exposed to a very large number of advertisements everyday, particularly the urban and semi urban population. In spite of this, to the dismay and irritation of some and enjoyment of others, advertisement will continue to make their presence felt in our lives and influence our lives in many unsuspecting ways because of rapid changes in macro- environment and in our perception, impressions, feelings, attitudes and behaviors. It seems almost impossible to remain totally neutral and not take any notice of modern-day advertising. The most visible part of the advertising process is the advertisements that we see, read, or hear and praise or criticize. 8|Page CORE STUDY INTRODUCTION Advertising can be defined as any paid form of non personal presentation and promotion of ideas, goods or services through mass media such as newspapers, magazines, television or radio by an identified sponsor So basically advertising is a mass communications device through which companies promote or market their product to the consumer, and this enables them to make informed consumption decisions. Advertising is a powerful communication force, highly visible and one of the most important tools of marketing communication that helps to sell products, services, ideas and images etc. Many believe that advertising reflects the need of the times. Whether one likes it or not, advertisements are everywhere. They are seen on the walls, on the back of buses, in play grounds, on the occasion of sports event, on roadsides, in the stores and even on aeroplanes. Advertisements are seen in newspapers, in magazines, on the television, on internet and are even heard on radio. The fact is that we are being bombarded with advertisements day in and day out from all imaginable media. The average consumer is exposed to a very large number of advertisements everyday, particularly the urban and semi urban population. In spite of this, to the dismay and irritation of some and enjoyment of others, advertisement will continue to make their presence felt in our lives and influence our lives in many unsuspecting ways because of rapid changes in macro- environment and in our perception, impressions, feelings, attitudes and behaviour. It seems almost impossible to remain totally neutral and not take any notice of modern-day advertising. The most visible part of the advertising process is the advertisements that we see, read, or hear and praise or criticise. Many suitable 9|Page adjectives are used to describe advertising, depending on how an individual is reacting, such as great, dynamic, alluring, fascinating, annoying, boring, intrusive, irritating and offensive, etc. Advertising plays an important part in our everyday lives as it enables us to choose between different ranges of products. These products are promoted through different types of advertisements and cater to all types of markets. . Advertising enables producers to expand their markets and therefore take advantage of economies of scale to reduce unit production costs Many advertisements are designed to generate increased consumption of those products and services through the creation and reinvention of the brand image†. For these purposes, advertisements sometimes embed their persuasive message with factual information. Every major medium is used to deliver these messages, including television, radio, cinema, magazines, newspapers, video games, the Internet, carrier bags and billboards. Advertising is often placed by an advertising agency on behalf of a company or other organization. On the other hand advertising is plagued with social and ethical issues as it results in over consumption and waste of resources. ‘Ethics basically refers to what is right, good or consistent with virtue. Advertising generates complex ethical questions which have to be considered, as this mode of communication commits some highly controversial ethical acts which are damaging to the society as a whole. It promotes overselling, exploitation of vulnerable groups, vulgarity, offending the public, promoting socially harmful values or behavior and intrusion of privacy. Advertising creates an environment where it abuses certain values and interests that are not universally agreed upon. For example in 2001 Yves Saint Laurent launched a fragrance called ‘Opium which featured a naked model. This stirred controversy and people found it offensive and sex was being used openly to promote a perfume. For a fashion magazine the advertisement was fine but for billboards it was inappropriate and 10 | P a g e some social groups found it morally and ethically wrong. Some times advertising draws mixed response from the public, while sometimes it becomes controversial. NEED OF ADVERTISING Advertising is the promotion of a company’s products and services carried out primarily to drive sales of the products and services but also to build a brand identity and communicate changes or new product /services to the customers. Advertising has become an essential element of the corporate world and hence the companies allot a considerable amount of revenues as their advertising budget. There are several reasons for advertising some of which are as follows: †¢ Increasing the sales of the product/service †¢ Creating and maintaining a brand identity or brand image. †¢ Communicating a change in the existing product line. †¢ Introduction of a new product or service. †¢ Increasing the buzz-value of the brand or the company. Significance of Advertising Basically advertising creates wants but does not fulfill them, a person may see an advertisement for a product, it might be glossy and fancy and he might be attracted to buy the product. He might eventually buy it but it will not satisfy him it will just be a waste. It’s a short term material satisfaction which just drives the economy by over consumption of goods and services. It keeps the consumer in doubt about what to buy and in what quantities and this doubt in turn has ethical implications. Four reasons are attributed to the fugacious nature of the way advertising practices are being carried out in developing countries. 11 | P a g e 1. The role of Information and Communication technologies: As ICTs evolve so do marketing practices. If yesterday it was television that revolutionized the way advertisements could create a lasting impact on the consumer, then today the internet and phone text messages are doing just that. 2. The world today is an increasingly global village: Social and ethnic boundaries are fast falling in the wake of cable television and the like. 3. Rapid economic expansions in countries like China and India have meant that marketers have to quickly respond to the changing socio-economic scenarios. Millions of people have entered the middle class and millions more are poised to do so. For marketers, the consequences can be mind boggling-as incomes and spending powers rise, marketers have to respond to increasing demands from consumers. 4. Better and improved marketing research has meant that the entire populace is not seen in totality but rather as a congeries of different types of consumers. TYPES OF ADVERTISING There can be several branches of advertising. Mentioned below are the various categories or types of advertising. 12 | P a g e Celebrity Broadcast advertising Advertising Print OutdoorAdvertising Advertising TYPES OF Infomercials ADVERTISING Public Service Advertising Covert Advertising Surrogate Advertising 13 | P a g e 1. Print Advertising – Newspapers, Magazines, Brochures, and Fliers and less popular newspaper would cost far less than placing an advertisement in a popular newspaper The print media have always been a popular advertising medium. Advertising products via newspapers or magazines is a common practice. In addition to this, the print media also offers options like promotional brochures and fliers for advertising purposes. Often the newspapers and the magazines sell the advertising space according to the area occupied by the advertisement, the position of the advertisement (front page/middle page), as well as the readership of the publications. For instance an advertisement in a relatively new with a high readership. The price of print ads also depend on the supplement in which they appear, for example an advertisement in the glossy supplement costs way higher than that in the newspaper supplement which uses a mediocre quality paper. 2. Outdoor Advertising–Billboards, Kiosks, Tradeshows and Events 14 | P a g e Outdoor advertising is also a very popular form of advertising, which makes use of several tools and techniques to attract the customers outdoors. The most common examples of outdoor advertising are billboards, kiosks, and also several events and tradeshows organized by the company. The billboard advertising is very popular however has to be really terse and catchy in order to grab the attention of the passersby. The kiosks not only provide an easy outlet for the company products but also make for an effective advertising tool to promote the company’s products. Organizing several events or sponsoring them makes for an excellent advertising opportunity. The company can organize trade fairs, or even exhibitions for advertising their products. If not this, the company can organize several events that are closely associated with their field. For instance a company that manufactures sports utilities can sponsor a sports tournament to advertise its products. 3. Broadcast advertising – Television, Radio and the Internet The radio jingles have been very popular advertising media and have a large impact on the audience, which is evident in the fact that many people still remember and enjoy the popular radio jingles Broadcast advertising is a very popular advertising medium that constitutes of several 15 | P a g e branches like television, radio or the Internet. Television advertisements have been very popular ever since they have been introduced. The cost of television advertising often depends on the duration of the advertisement, the time of broadcast (prime time/peak time), and of course the popularity of the television channel on which the advertisement is going to be broadcasted. The radio might have lost its charm owing to the new age media however the radio remains to be the choice of small-scale advertisers. 4. Covert Advertising – Advertising in Movies Covert advertising is a unique kind of advertising in which a product or a particular brand is incorporated in some entertainment and media channels like movies, television shows or even sports. There is no commercial in the entertainment but the brand or the product is Subtly ( or sometimes evidently) showcased in the entertainment show. Some of the famous examples for this sort of advertising have to be the appearance of brand Nokia which is displayed on Tom Cruise’s phone in the movie Minority Report, or the use of Cadillac cars in the movie Matrix Reloaded. 16 | P a g e surrogate Common examples include of Fosters and Kingfisher beer help Indirectly brands, which are often seen Advertising to promote their brand with – the Advertising advertising. 5. Surrogate Surrogate advertising is prominently seen in cases where advertising a particular product is banned by law. Advertisement for products like cigarettes or alcohol which are injurious to heath are prohibited by law in several countries and hence these companies have to come up with several other products that might have the same advertising as an effective energy communication medium to convey AIDS, socially relevant messaged about like 17 | P a g e important matters and social welfare causes Causes integrity, – Advertising for Social political 6. Public Service Advertising conservation, bottles of the same brand. deforestation, illiteracy, poverty and people of the cigarettes or beer so on. ent or the summary of an interesting point. You can position the text box anywhere in the document. Use the Text Box Tools tab to change the formatting of the pull quote text box. ] brand name and indirectly remind Today public service advertising has been increasingly used in a non-commercial fashion in several countries across the world in order to promote various social causes. In USA, the radio and television stations are granted on the basis of a fixed amount of Public service advertisements aired by the channel. 7. Celebrity Advertising 18 | P a g e and the modern day consumer getting immune to the exaggerated claims made in a majority of advertisements, there exist a section of advertisers that Using celebrities for advertising involves signing up celebrities for advertising campaigns, which consist of all sorts of advertising including, television ads or even print advertisements. Although the audience is getting smarter and smarter still bank upon celebrities and their popularity for advertising their products. Infomercials There are two types of infomercials, described as long form and short form. Long form infomercials have a time length of 30 minutes. Short form infomercials are 30 seconds to 2 minutes long. Infomercials are also known as direct response television (DRTV) commercials or direct response marketing. The main objective in an infomercial is to create an impulse purchase, so that the consumer sees the presentation and then immediately buys the product through the advertised toll-free telephone number or website. Infomercials describe, display, and 19 | P a g e often demonstrate products and their features, and commonly have testimonials from consumers and industry professionals. ETHICS 1. INTRODUCTION In this era of globalization multinational competition, ethical practices in business are assuming importance as relationships with various suppliers customers are shaped by ethical practices mutual trust. So, ethical decision taking assumes importance in today’s corporate world. 2. What Is Ethics? Ethics refers to principles that define behavior as right, good and proper. Such principles do not always dictate a single moral course of action, but provide a means of evaluating and deciding among competing options. The terms ethics and values are not interchangeable. Ethics is concerned with how a moral person should behave, whereas values are the inner judgments that determine how a person actually behaves. Values concern ethics when they pertain to beliefs about what is right and wrong. Most values, however, have nothing to do with ethics. For instance, the desire for health and wealth are values, but not ethical values. 3. The Importance of Universality Most people have convictions about what is right and wrong based on religious beliefs, cultural roots, family background, personal experiences, laws, organizational values, professional norms and political habits. These are not the best values to make ethical decisions by — not because they are unimportant, but because they are not universal. In 20 | P a g e contrast to consensus ethical values — such basics as trustworthiness, respect, responsibility, fairness, caring and citizenship — personal and professional beliefs vary over time, among cultures and among members of the same society. They are a source of continuous historical disagreement, even wars. There is nothing wrong with having strong personal and professional moral convictions about right and wrong, but unfortunately, some people are moral imperialists who seek to impose their personal moral judgments on others. The universal ethical value of respect for others dictates honoring the dignity and autonomy of each person and cautions against selfrighteousness in areas of legitimate controversy. 4. Why Be Ethical? People have lots of reasons for being ethical: †¢ There is inner benefit. Virtue is its own reward. †¢ There is personal advantage. It is prudent to be ethical. It’s good business. †¢ There is approval. Being ethical leads to self-esteem, the admiration of loved ones and the respect of peers. †¢ There is religion. Good behavior can please or help serve a deity. †¢ There is habit. Ethical actions can fit in with upbringing or training. There are obstacles to being ethical, which include: †¢ The ethics of self-interest When the motivation for ethical behavior is self-interest, decision-making is reduced to risk-reward calculations. If the risks from ethical behavior are high or the risks from unethical behavior are low and the reward is high moral principles succumb to expediency. †¢ This is not a small problem 21 | P a g e Many people cheat on exams, lie on resumes, and distort or falsify facts at work. The real test of our ethics is whether we are willing to do the right thing even when it is not in our self-interest. †¢ The pursuit of happiness It depends on how one defines happiness. Our values, what we prize and desire, determine what we think will make us happy. We are free to pursue material goals and physical sensations, but that alone rarely (if ever) leads to enduring happiness. It more often results in a lonely, disconnected, meaningless existence. The morally mature individual finds happiness in grander pursuits than money, status, sex and mood-altering substances. A deeper satisfaction lies in honoring universal ethical values, that is, values that people everywhere believe should inform behavior. That unity between principled belief and honorable behavior is the foundation for real happiness. †¢ Ethical Principle in Advertising All advertising should be legal, decent, honest and truthful. Every advertisement should be prepared with a due sense of social responsibility and should conform to the principles of fair competition, as generally accepted in business. No advertisement should be such as to impair public confidence in advertising. †¢ Decency Advertisements should not contain statements or visual presentations which offend prevailing standards of decency †¢ Honesty Advertisements should be so framed as not to abuse the trust of consumers or exploit their lack of experience or knowledge. †¢ Social Responsibility 22 | P a g e 1. Advertisements should not condone any form of discrimination, including that based upon race, national origin, religion, sex or age, nor should they in any way undermine human dignity. 2. Advertisements should not (without justifiable reason) play on fear. 3. Advertisements should not appear to condone or incite violence, or to encourage unlawful or reprehensible behavior. 4. Advertisements should not play on superstition. †¢ Truthful presentation Advertisements should not contain any statement or visual presentation which directly or by implication, omission, ambiguity or exaggerated claim is likely to mislead the consumer, in particular with regard to: 1. characteristics such as: nature, composition, method and date of manufacture, range of use, efficiency and performance, quantity, commercial or geographical origin or environmental impact; 2. the value of the product and the total price actually to be paid; 3. delivery, exchange, return, repair and maintenance; 4. terms of guarantee; 5. copyright and industrial property rights such as patents, trade marks, designs and models and trade names; 6. official recognition or approval, awards of medals, prizes and diplomas; 7. the extent of benefits for charitable causes. 8. Advertisements should not misuse research results or quotations from technical and scientific publications. Statistics should not be so presented as to exaggerate the validity of advertising claims. Scientific terms should not be used to falsely ascribe scientific validity to advertising claims. †¢ Comparisons 23 | P a g e Advertisements containing comparisons should be so designed that the comparison is not likely to mislead, and should comply with the principles of fair competition. Points of comparison should be based on facts that can be substantiated and should not be unfairly selected. †¢ Unassembled Merchandise When advertised merchandise requires partial or complete assembly by the purchaser, the advertising should disclose that fact, e. g. , unassembled, partial assembly required. †¢ Testimonials Advertisements should not contain or refer to any testimonial or endorsement unless it is genuine, verifiable, relevant and based on personal experience or knowledge. Testimonials or endorsements that have become obsolete or misleading through passage of time should not be used †¢ Portrayal or imitation of personal property Advertisements should not portray or refer to any persons, whether in a private or a public capacity, unless prior permission has been obtained; nor should advertisements without prior permission depict or refer to any persons property in a way likely to convey the impression of a personal endorsement. †¢ Exploitation of goodwill Advertisements should not make unjustifiable use of the name, initials, logo and/or trademarks of another firm, company or institution nor should advertisements in any way take undue advantage of another firm, person or institutions goodwill in its name, trade name or other intellectual property, nor should advertisements take advantage of the goodwill earned by other advertising campaigns. †¢ Imitation 24 | P a g e 1. Advertisements should not imitate the general layout, text, slogan, visual presentation, music and sound effects, etc. , of any other advertisements in a way that is likely to mislead or confuse the consumer. 2. Where advertisers have established distinctive advertising campaigns in one or more countries, other advertisers should not unduly imitate these campaigns in the other countries where the former may operate, thus preventing them from extending their campaigns within a reasonable period of time to such countries