The Relationship between Culture and Technology Research Paper

The Relationship between Culture and Technology - Research Paper Example The topic is based on the development and forms of old media which indicates the technological development in the old era. This will be compared with the temporary social network technologies such as the Facebook. This will be developed with the intention to observe the technological development along the time and the cultural change relied on the technological development. Furthermore, this paper will provide the understanding of cultural changes such as what individual’s daily life changes along with the technological development. This will examine the individual’s lifestyle in today’s world and what has changed and their relations with technologies. Thus, this current study will summarize the media development and the relationship between technological and cultural change. Overall, this present study is based on the relationship between old and new media technologies and their associated cultural practices. According to Mesch (2009), new media shapes many ways to communicate and interact with each other. It is identified that interactivity is considered as central to new media which include letters to the editor, radio and television talk shows, computer and technological programme and listener participation in such programs. In accordance of Pinchot, Paullet, and Rota (2010), it is identified that old media interactivity was less as radios, television and newspapers did not measure the preferences and opinions of people as communication was considered as conversation. Grossman (2008) argues that people were provided what the media idea and thought is right for them but in today’s world, the interactivity degree has enhanced that does not necessarily mean. This means that every media has few interactivity components or elements which mostly do as it is examined by computers which can converse back these days.

Financial analysis of Zest Spa Essay Example | Topics and Well Written Essays - 2500 words

Financial analysis of Zest Spa - Essay Example This research will begin with the statement that Zest Spa is planning to provide express services at one or more of three chosen international airports in India. The process comprises a significant amount of fixed and variable investment on the part of the company and therefore it was considered necessary to evaluate the project from financial as well as non-financial aspect. In a business plan or a new venture, financial analysis and projection are considered as an essential aspect thereof. The success and controlling of the business significantly depend on financial projections of a firm as quantitative control is equally important for a firm besides qualitative control. The financial analysis primarily consists of important aspects such as budgeting, investment appraisal, profit and growth projection and ratio analysis. The other measures that are also considered as useful are a determination of weighted average cost of capital and comparing the same with return on investment and internal returns and sensitivity analysis. Profit and loss analysis is essential in a business so that for an accounting period (commonly a year), the profit or loss incurred by a company is determined. The Profit and loss statement is one of the essential financial statements that present profitability of a firm. Determination of profit or loss is necessary so that an estimate of costs and earnings can be determined. The statement is also useful for the calculation of various margins.