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The Firm - Commerce & Management Club

which ignites your mind


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The New Age Marketing What is Mightier than Pen? Twisted Logic: Outside the Box or
Inside your mind History repeats...
Pranjal Sarawagi Safwan Erooth Tousiff Zama Anshuman Jyoti
It’s not sports Release of this To change what There will soon be
any more, it’s all tabloid is a beginning they do, change no history to tell
money and mar- of new Era in the how you think! for there may be
keting. history of Brindavan. no one to tell it.

BUSINESS NEWS
The Purpose of
Education
Bharti Makes Progress on
Zain Africa Funding
Indian telecommunications operator
Bharti said it has tied up $8.3 billion
in funding to buy most of the African
assets of Kuwait’s Mobile Telecom-
munications.
By Mr. Syed Kazim, Lecturer - Commerce & Management Department

W hat is the purpose of Education? The con-


ventional answer is the acquisition of knowl-
edge, reading of books, and learning of facts. The
Novell rejects $2 bln Elliott
Associates offer
purpose of education cannot be, merely create Novell Inc (NOVL.O) spurned a $2 bil-
a literate individual, or a highly informed person lion takeover offer from investment
crammed with information and facts, or to pre- fund Elliott Associates on Saturday,
pare an individual to find a job, or to create a good calling the bid inadequate and say-
worker, a skilled technician and scientist, or an ef- ing it undervalued the business soft-
ficient doctor or lawyer, or a capable industrialist
ware maker.
or a politician. These may be needed but they are
not sufficient in themselves. Nor do they create
the complete man or a great nation.
Facebook beats Google as
Education is supposed to be the proper cultivation most-visited site in US
of the skills and talents of the individual through
“The function of Education is to teach one to think intensively and to Facebook has become the most-vis-
the acquisition of knowledge. Knowledge satisfies
our natural thirst for gaining that which will make think critically. But education that stops with efficiency may prove that ited site in the US after beating for-
us identify our creator. So true education culti- greatest menace to the society. The most dangerous criminal may be the mer title holder Google.
vates a person – mind, body and spirit – by bring- man gifted with reason, but with not morals.”
ing us closer to fulfilling our purpose for being, The popular social networking page
“The aim of education should be to teach us rather how to think, than
which is to obey our creator. The second purpose
what to think – rather to improve our minds, so as to enable us to think toppled the search giant after ac-
for education, after self-cultivation, is to teach us counting for 7.07 per cent of all US
for ourselves, than to load the memory with the thoughts of other men.”
how to give proper service to self, family, nation web traffic compared to Google’s
and then to the entire world. “If education with its religious core can invigorate man’s faith in his divine 7.03 per cent, web analysts Hitwise
nature and the infinite potentialities of human soul, it is sure to help man
Do the students have a goal of life? It is not a phil- revealed.
become strong, yet tolerant and sympathetic. It will also help man to ex-
osophical question. After spending 15, 20 years in tend his love and good will beyond the communal, national and racial It’s definitely a big moment for
education, if a Student does not know his goal, it is barriers.” Facebook, even though they beat
a disaster. Not just eat, live, and produce children by a small margin,” News.com.au
just as animals do. The right educational system is transferring of the experiences, thoughts,
knowledge, culture and values which was hereditarily attained to the quoted Hitwise’s Matt Tatham as
If our educated youth, leaders, cream class does new generation. It is also purification and filtering the mistakes that hap- telling CNN.
not have a goal, it is a sign of a dying community, pen in the past. This is how development and progress comes out to be
especially so because this community is not based more useful and creative for the human kind.
on caste, color, race, or state. If it looses its goal
The prevailing social order must be demolished from the base and it must Japan portable farm heads
then we have to forget the future. The objective of for Qatar
be reconstructed with an objective of peace and justice. The renovated
Student is just to survive or have a good life. But
society will be free of sectarianism; will view each other as equals; will A high-tech portable vegetable farm
this teaching simply does not exist in our educa-
give value for rights, justice and righteousness. A society which is based designed and built in Japan will soon
tional system.
on moral values, tolerance, co-operation, mutual care, love for humanity
be heading to Qatar. The innovative
The current education system is defined by the & respecting each other will be the peculiarities of the society of which
we dream of. project is part of an effort by the des-
mainstream society as mere information gather- ert gulf state to find ways to tackle
ing, writing more and more exams, producing cer- The dignity and power of each society lies in the student it nurtures. A its food security problem and grow
tificates, meeting the need and demands of the vigilant Student Society with constructive thoughts on the prospects of
multinational companies, achieving better jobs
more at home.
the society and tread ahead in with much needed guided is a real boon
and not for the betterment of the society at large. to every generation.
Page 2
Xerox is a company Google named after Googol Greenpeace v/s KitKat
Xerox is the name of a Company Google, the Internet search company founded in Greenpeace campaigns against
but it is generally used by people September 1998 by Larry Page & Sergey Brin, got KitKat for the use of palm oil from
for photocopy. its name from the word Googol, which represents Sinar Mas, which depends on for-
number 1 followed with hundred zeros after it. est trees for raw materials.

What’s Important terms used in Business


Mightier than Pen? Compiled by Vijay Wijetunge, BBM VI ( Finance)
Seed capital Due diligence
By Safwan Erooth, BBM VI (Human Resource) Money used for the initial investment in The process of investigation performed
a project or startup company, market re- by investor into the details of a poten-
The Role that pen has played in the shaping of Arab and Greek search or initial product development. It is tial investment such as an examination
civilization is undisputed. Let it be any uprising or revolution in also called as seed financing or seed mon- of operations and management and the
the books of history, you will see a poet or writer who catalyzed ey. vertification of material facts.
it. Such is the power of pen. Napoleon Bonaparte had reasons to Angel investor ABC agreement
fear Pen more than a 1000 cannons, because people like Sarojini An individual who provides capital to one An agreement between brokerage firm
Naidu and Allama Iqbal has shown what pen can do. or more startup companies. and an employee detailing the rights
But today unfortunately we are leaving in a world where the 10-k of the firm when it purchases an NYSE
new generation is either no more reading and writing; Or are A report similar to the annual report except membership for the employee.
only reading the Harry Potters! Though science has added more that it contains more detailed informaion Cafeteria plan
possibilities in this direction, in the form of Internet, the youth is about the company’s business , finance and A benefit plan that allows employees to
busy with things that are of no use to them. It has been common management. It also includes bylaws of the select from a pool of choices, some or all
with all the scientific contributions, people go for the negative company and other legal documents. of which may be tax advantaged.
more than the positive. Squeeze out Idiosyncratic risk
In this auspicious moment when the commerce and manage- A process whereby a large majority of The risk of price due to the unique cir-
ment club “The Firm” comes out with this tabloid, it’s a new in- shareholders in a joint stock company can cumstances of a specific security as op-
tervention that we are making. We are giving them a new canvas force out the remaining shareholders, by posed to the overall market. It is also
where they can read and write, where they can exhibit their cre- giving them a cash compensation which called as unsystematic risk.
ativity. This was one of the thing they were not given. This is for is at least equal to stock’s recent average Arbitrage
sure one of the milestone of our club and a contribution to the price. Attempting to profit by exploiting price
prosperity of our college. So let us not miss this opportunity that Blind Pool differences of identical or similar finan-
Almighty Lord had given us…. Let’s all prosper together and A form of limited partnership which doesn’t cial instruments on different markets or
grow to the pinnacle of success! specify what investment opportunities the in different forms.
general partner plans to persue.

The new age of Rin vs Tide saga:


Advertising’s new avatar?
Marketing!
By Pranjal Sarawagi, BBM VI (Finance)
Hi, friends we have “IPL-3” going on and we have the twist in the
tale we are getting two new team one is of Pune another comes
from the “gods own state” “kochi” and don’t you think why is this
fuzz all about! Sure I’ll tell you its not about sport, its all about
money and marketing strategy.
Even before IPL we have big corporate pouring huge amount
of money and the starter in India was “SAHARA GROUP” owned
by Mr. Subrata Roy and they are currently the official sponsors The slugfest between Rin and Tide takes competitive advertising to new highs; or new
of India cricket team, so don’t be amazed to see the new age lows; depends on how you look at it: Our top story today is really juicy - two big com-
of marketing and brands value because after him we have Dr. panies, their star brands and no holds barred advertising. We are talking about what ev-
Vijay Mallya who bought formula -1 team and showed that he is eryone’s talking about - the slugfest between Rin and Tide. The controversy started with
here to stay long in the race and not only this much but he has Hindustan Unilever releasing a commercial for its Rin detergent that says up front and
a cricket team in ipl named as “Bangalore royal challengers” and directly that using Rin will give you and we qoute - ‘Tide se behtar safedi ‘. Since then
also he owes nearly 200 horse .but don’t get amazed when you complaints have been made to Advertising Standards Council of India (ASCI), Procter
hear people shouting slogans of “SAHARA LIVERPOOL” as there and Gamble (P&G) has sued HUL, HUL says P&G started it all and in the middle of all
is a unconfirmed reports that Sahara is getting a major stake in it this - `competitive’ advertising has broken new ground. Let’s see the reactions of the
so they are going into the epl also as this is quite famous event industry and market experts to this soapy saga.
in the world.
Page 3
NEWS means... JEEP or GP? Bus is ‘Omni-bus’
NEWS refers to information from JEEP is a vehicle with unique Gear system. It was BUS is the short term for ‘Omni-
four directions North, East, West invented during World War II (1939-1945). It was bus’ that means everybody.
and South. named ‘General Purpose Vehicle (GP)’.GP was
changed into JEEP later.

Twisted Logic History repeats,


Outside the Box or Inside Your Mind People make the same mistakes
By Tousiff Zama Khan, BBM VI ( Human Resource) By Anshuman Jyoti Sarma, BBM II (B)
I shouldn’t be saying this. But I do get tired when I see managers trying to And history repeats… One of the most popular lines you probably hear
find, “how to get workers to think/do/work “outside-the-box.” and undeniably true too. Man has been around for ages, seen lot of things,
discovered a lot, and invented a whole bunch of things that might have
For years they’ve been exploring a coliseum of business books, articles, semi- been incomprehensible to the earlier generations. Things once discov-
nars, coaching, consulting, discussions, etc., on the subject—some good, ered or invented cannot be rediscovered or reinvented. But one thing that
some not so good—and are still searching for how to lead their workers out man has repeatedly rediscovered successfully over ages is the mistakes he
of that dreaded box. I hear, “How do we get the team to think differently?” has committed. History conform the facts. There is a pattern and no mater
“What incentives work best?” ,“How do we engage our people?”. What I don’t how much man knows, the knowledge will not improve his thinking and
hear is “What do I need to change in me to make it happen?” history will repeat because man will make the same mistakes again.

What annoys me is the assumption that all the solutions involve changing the To give you an example of man repeating his mistakes, you don’t have
staff, environment, compensation and any other external source that might to look any further than me and my fellow students all over. It seems the
plausibly make a difference—except self. If you want your people to think/ whole world, except us, is aware of our responsibilities or may be we know
do/work outside-the-box then you need to lead/manage outside-the-box and we are simply too ignorant and lazy. All through our students life,
and that usually means changing your MAP (mindset, attitude, philosophy) parents, teaches and on occasions even strangers have been grinding into
before you can expect your people to change theirs. This is what managers our heads to study and study a little more well, they try to atleast. Aiming
rarely want to hear. to just clear our papers, studying for exams only when they are a few day
away and end up whit a poor performance. History repeats because we
You as a manager lead/manage based on the way you think, how you think, make the same mistakes.
and what you believe—in other words you’re MAP. No matter what you read,
hear or talk, you will always walk your own MAP—that is your authenticity It is sad to see that education and knowledge has not caused a uniform
and you can never get away from it. impact. Nature is man’s favorite victim. Despite knowing what cause dam-
age to nature, man continues his explorations recklesslesly. If man persists
It’s not enough for you to know, you need to accept this as truth along with with these mistakes, there will be no animals, trees only in museums until
the knowledge that any changes are your choice and in your control. So, why man will be the only surviving species.
not adopt my tagline as your own
Thus it is clear that man is sewn in a vicious circle of the mistakes he com-
mits. Mistakes committed by students are probably the most innocent of
“To change what they do, change how you think” them all. Peace as a concept sells, but who is buying it? History repeats,
but at this rate, there will soon be no history to tell for there may be no
one to tell it.
Page 4
Industry v/s Wood The Orgin of TIPS Bill Gates
42% of the industrial wood har- TIPS come from ‘To Insure Prompt Service’. In olden days If Bill Gates was a country, he
vested in world is used to make to get Prompt service from servants in an inn, travelers would be the 37th richest country
paper. used to drop coins in a Box on which this was written. on earth.
This gave rise to the custom of Tips.

The Dumb Charades

Business Plan
RESULTS
First Prize
Mohd Yunus
Bilal Junaid
Competition Tanveer Khan
Second Prize
B usiness Plan competition literally turned the college
into an arena for the students to innovate and dis-
play their outstanding creativity. The competition was
Bishesh Kumar
Anushman Jyoti
all about business. The Commerce and Management Rakesh R
Club, The Firm announced the that it was conducting
an event in which students have to submit a practical
Business plan with a budget of 1000 Indian Rupees and
should of the potential to earn profit within 3 weeks. All Best CSR Campaign
the teams, who’s Business Plan was chosen to be prac- Business Plan
tical where funded with Rs.1000 by the ‘The Firm’. The
whole competition compromised of multiple rounds
like marketing round and CSR round. Some team backed
off in between and some were disqualified. Only 8 team
survived to the end. They where Nahnuk, Kera, Dream
Designers, Stupendo, Kaleidoscope, Future Biz, Envam
and M&M.

The Final Scores of Business Plan The most successful Corporate So-
cial Responsibilty Campaign in Busi-
1st Position 2nd Position ness Plan competition was from
Share Price 12,915 Share Price 11,340 Kera Products.Their Slogan was,
Team Members Team Members
• Safwan Erooth • Shamseer E.P “Eat Banana Chip, Not Drugs!”
• Tousiff Zama • Shareef B.K
• Mohd Fawad • Ahmed Riyas

3rd Position 4rd Position


Share Price 10,095
Team Members
Share Price 8,400
Team Members
Best Advertising
• Hareni Madurwala • M Tejaswini Business Plan
• Chathuri Perera • Mohammad Kafeel
• Gayathri • Kartik M

5th Position 6th Position


Share Price 6,605 Share Price 5,070
Team Members Team Members
• Ranali Perera • Niyaz K
• Ranithri Perera • Mercy Hephzibah
• Mohd Ibrahim • Shrithi M Pillai

The best advertising in Business


7th Position 8th Position
Share Price 3,820 Share Price 3,530
Plan competition was from
Team Members Team Members Stupendo.They succeeded in cre-
• Asmiya Banu • Rayeesa Mehkri
ating maximum brand awareness.
• Abhiruth I.A • Ahamad Musthafa They used different tools like SMS,
• Alexander Abraham • Anuj Arora E-mail, newspaper attachments etc.

is published by “The Firm” - Commerce and Management Club of Brindavan College, Bangalore. Design & Layout by Safwan Erooth

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