Tuesday, May 26, 2020
According to Marketline.com, Facebook Incorporated is one of the social networking which enables users to share their pictures, videos, activities and opinions. The companyÃ¢â¬â¢s reach is a non-replicable competitive advantage that can be explored to the advertisersÃ¢â¬â¢ curiousness. However, significant competition may impact its user base and level of user engagement, making it less attractive to developers and marketers, so the bad thing will affect its revenue and results of operations. From there we can tell the strengths, weaknesses, opportunities and threats of FacebookÃ¢â¬â¢s company. From Facebook page information, in 2004 they found that FacebookÃ¢â¬â¢s mission is to give their users a power that they can share their things, connected to the world, and explored their world in their mind. With me, yes, their mission is correct because some of my friends in middle school did not contact each other for a long time we found our friends again by Ã¢â¬Å"Suggested FriendsÃ¢â¬ option on Facebook. Facebook helps people know more of what the world is doing by other users sharing things they are interested in. Starting with their Strengths, growing user base contributing to increasing ARPU-average revenue per unit. According to the Marketline.com Ã¢â¬Å"The company provides unprecedented reach with 1.2 billion monthly active users (MAUs) as of December 2014, a significant increase from 901 million MAUs in 2012. In December 2014, the company had 208 million MAUs in the US and Canada; 301 million in Europe;Show MoreRelatedA Study On Equal Exchange1658 Words Ã |Ã 7 Pagesbusiness to support farmers and trade their goods to not harm the environment. They opened the company as a worker-owned cooperative; it is seen as the one worker- one vote model. EE is a mission-driven business model that shows to be sustainable and replicable. Their idea was to connect trade products such as organic food, coffee, tea, and chocolate. EE is more than just a trading company trying to help small farmers make a difference; it is a faith based organization that allows other organizations opportunityRead MoreSt rategic Plan Of Google Inc2762 Words Ã |Ã 12 PagesThe characteristic search results, academic articles, maps, videos, images, and other relevant information are largely reflective of the plethora of knowledge and creative skills that its employees possess and translate in their work. 3.1 Competitive Advantages Valuable: Google boasts of an intense interviewing process before hiring its employees and all this is only to maintain the impeccable standards that the world relates it with. Google considers its employees to be one of the most valuableRead MoreMarketing Analysis Of Zappos.com Owns A Stable Source Of Competitive Advantage By Producing Its Own Shoes Line6352 Words Ã |Ã 26 Pagessuggest that the company serves the US market like no other company, an expansion of its current share should be considered. Even thou the investments that this would require, we agree that Zappos could expand and build a stable source of competitive advantage by producing its own shoes line, followed in the future by itÃ¢â¬â¢s own shoe related wear line. The main issue regarding the expansion of online market and the low barrier at the entrance that characterize the e-business is that many other shoeRead MoreMarketing Analysis Of Zappos.com Owns A Stable Source Of Competitive Advantage By Producing Its Own Shoes Line6352 Words Ã |Ã 26 Pagessuggest that the company serves the US market like no other company, an expansion of its current share should be considered. Even thou the investments that this would require, we agree that Zappos could expand and build a stable source of competitive advantage by producing its own shoes line, followed in the future by itÃ¢â¬â¢s own shoe related wear line. The main issue regarding the expansion of online market and the low barrier at the entrance that characterize the e-business is that many other shoeRead MoreStuden Brand Comparison Betwen Apple and Samsung14106 Words Ã |Ã 57 Pages49 Appendix 1, Questionnaire ................................................................................ 50 Appendix 2, Questionnaires e-mail .................................................................... 53 Appendix 3, Questionnaire on Facebook ............................................................ 54 Table of Figures Figure 1 A conceptual model for Brands preference ............................................ 20 Figure 2 Brand Equity Model ....................................Read MoreHow Can Amazon Use Positioning to Create a Strong Brand Identity in the Next 5 Years?17302 Words Ã |Ã 70 Pages4 Jacqueline Ligtenberg Djuri van der Schaar Figure 0.1: Top 100 most valuable global brands (Campbell 2012) In the top 100 most valuable global brands of 2012 (figure 0.1) Amazon ranks at the 18th place right after Wal-Mart and just above Facebook, they lowered 4 places in rank compared to Amazon being at the 14th place in 2011 (Campbell, 2012). With this research the goal is to find out how to get Amazon back up in these ranks once more focusing on the retail category. Amazon has been successfulRead MoreThe Walt Disney Company Report15335 Words Ã |Ã 62 Pagesinnocence transpired in the imagination of the Great Walt. E. Disney, that he created a tiny mouse with a squeaky voice but a mighty heart. This mouse has ruled the entertainment world with innocent and a mighty heart for nine decades, and is the first non human to receive an Oscar. The Walt Disney Company with its innocent creativity and its mighty aggressive business strategies has today reached a near monopoly in the entertainment industry. A revenue of 42.2 billi on and a total assets of whoopingRead MoreVolvo Marketing Strategy36220 Words Ã |Ã 145 Pagesfour main values Ã¢â¬â quality, safety, environment and design. Indeed, according to Keller (2008), the establishment of strong values is crucial in brand positioning and in creating Ã¢â¬Å"brand superiority in the minds of consumersÃ¢â¬ and showing them Ã¢â¬Å"the advantages or points of difference a brand has over competitorsÃ¢â¬ (Keller 2008: 38-39) in order to allow them to classify the brand in comparison to its competitors according to their values and personal images. In this study, we are going to examine if Volvo
Friday, May 15, 2020
Narrative Technique in DeLilloÃ¢â¬â¢s White Noise American literature has evolved extensively over the course of the history of the republic, from the Puritan sermons which emphasized the importance of a solid individual relationship between the individual self and the omnipotent God to the parody of relativism we find in Joseph HellerÃ¢â¬â¢s Catch-22. One of the recurring concerns of American fiction, though by no means restricted to American writing, is the position of the self with regard to the other, whether manifest as God, nature, the community, or another individual. Since at least the Modernist period, writers have explored the definitions and relationships of the self formally as well as thematically and narratively. Don DeLilloÃ¢â¬â¢sÃ¢â¬ ¦show more contentÃ¢â¬ ¦Frank Lentricchia has written in detail of the postmodern narrative technique of movement from a first-person subjectivity to a third-person objectivity as integral to the American experience. This distancing of the reader from the reality of the novel has s everal functions. By telling a story through the eyes of Gladney, we experience contemporary mass culture, DeLilloÃ¢â¬â¢s favorite theme, as Gladney does; we experience the same (or similar) disillusion and confusion that Gladney does and we share in GladneyÃ¢â¬â¢s distancing of himself from his experience. In this way, the narratorÃ¢â¬â¢s state of mind is a mimetic reproduction of anyone in the readerÃ¢â¬â¢s reality. The objectified subject technique that DeLillo employs also serves as the site of DeLilloÃ¢â¬â¢s further explorations of character, perception, and action. By treating a character who treats himself and his experience as an object, DeLillo can cast his characters into roles not mimetically coherent. The identity and characteristics of the narrator in the novel evoke a number of questions of critical importance to our understanding of the whole work and the interaction of its parts. Rarely has a work of fiction so utterly interweaved the relationship between narrator and story narrated so neatly and successfully. The choice of Jack Gladney as the novelÃ¢â¬â¢s narrator, called DeLilloÃ¢â¬â¢s most important formal decision (Lentricchia 93), literally casts the entire work in a new light, shiftingShow MoreRelated The Power of the Family in White Noise Essay examples1139 Words Ã |Ã 5 PagesThe Power of the Family in White Noise Ã Don Dellilos protagonist in his novel White Noise, Jack Gladney, has a nuclear family that is, ostensibly, a prime example of the disjointed nature way of the family of the 80s and 90s -- what with Jacks multiple past marriages and the fact that his children arent all related. Its basically the antipodal image of the 1950s nuclear family. Despite this surface-level disjointedness, it is his family and the extrasensory rapport thatRead MoreElements of Postmodernism in Ishmael Reeds Mumbo Jumbo, Don Delillos White Noise, Toni Morrisons Beloved and Thomas Pynchons the Crying of Lot 496348 Words Ã |Ã 26 Pagesconsideration of difference, an insistent attention to the local cultures and undervalued constituencies that modernisms exaltation of unity and grand narrative often obscured, which can easily be observed by reading and analyzing some of the most important works of American postmodern fiction. Works such as Ishmael Reeds Mumbo Jumbo, Don DeLillos White Noise, Toni Morrisons Beloved and Thomas Pynchons The Crying of Lot 49 are only a few of many which contain all or some of postmodernisms most distinguishableRead MoreFeatures of Metafiction and Well Known Writers of the Genre Essay3025 Words Ã |Ã 13 Pagestheory of mimesis (imitation) posits that there is a world out there, a world in which we all live and act, which we call Ã¢â¬Å"the real worldÃ¢â¬ . What fiction does (for that matter any art) is to try and (re) present this world using narrative techniques (or artistic techniques)Ã¢â¬ (Thaninayagam 12). Historiographic metafiction is an offshoot of postmodern art form. The term historiographic metafiction was coined by Linda Hutcheon in her book A Poetics of Postmodernism : History, Theory, Fiction. AccordingRead MorePostmodernism in Literature5514 Words Ã |Ã 23 Pagesas a whole, is difficult to define and there is little agreement on the exact characteristics, scope, and importance of postmodern literature. However, unifying features often coincide with Jean-FranÃ §ois Lyotards concept of the meta-narrative and little narrative, Jacques Derridas concept of play, and Jean Baudrillards simulacra. For example, instead of the modernist quest for meaning in a chaotic world, the postmodern author eschews, often playfully, the possibility of meaning, and theRead More Transcendence and Technology in William Gibsons Neuromancer3154 Words Ã |Ã 13 PagesTranscendence and Technology in Neuromancer Ã Ã Ã Ã Ã Ã Where do we go from here? Case asks near the conclusion of William Gibsons novel Neuromancer (259). One answer suggested throughout most of the narrative is nowhere. True, geographically we are whisked around the urban centers of Earth in the near future, Chiba City, the Sprawl, Istanbul, and then to the orbital pleasure domes and corporate stronghold of Freeside and Straylight. The kind of movement to which I am referring is not overtly
Wednesday, May 6, 2020
We live in an age in which we have come to expect everything to be instantaneously at our fingertips. We live in an age of instant coffee, instant tea, and even instant mashed potatoes. We can walk down the street at 5 in the morning and get a gallon of milk or even a weeks worth of groceries at our discretion. Even though it is great that food is now readily available at all times, this convenience comes at a price, for both the producer and the consumer. Farmers are cheated out of money and are slaves to big business, workers and animals are mistreated. And, because food now comes at a low cost, it has become cheaper quality and therefore potentially dangerous to the consumerÃ¢â¬â¢s health. These problems surrounding the ethics and theÃ¢â¬ ¦show more contentÃ¢â¬ ¦Additionally, big business controls the farmers by capitalizing on widely used commodities. For example, the company Monsanto which is based in St. Louis, Missouri protects its dominance over the genetically modified crops such as the soy bean with the use of a patent law. Because of this, MonsantoÃ¢â¬â¢s patented genes Ã¢â¬Å"account for 95 percent of all soy beans and 80 percent of all corn grown in the U.S.,Ã¢â¬ (Associated Press). Although genetically modifying the soy bean crop has made it more readily available and more sustainable, this comes at a high price to farmers. Monsanto continues to raise their prices, which forces farmers to accrue even more debt, and there is no sign of the rise in the seed prices stopping. Since a lot of the farmers are under contract with Monsanto, there is nothing they can do about this unethical policy in fear of losing their job. If you think being a farmer is bad, try working in a slaughter house. Ã¢â¬Å"Knocker, Sticker, Shackler, Rumper, First Legger, Knuckle Dropper,Ã¢â¬ these are just a few of the positions the workers at a slaughterhouse get assigned to. Simply reading the names of the above job positions induces a sense of nausea and hints a t the inherent brutality that these positions demand (Schlosser, 172). Because the weight and size of cows are unpredictable, most of the labor in the slaughterhouse must be done by hand. On the kill floor of a slaughterhouse,Show MoreRelatedQuality Control : Quality Of A Product And Service1268 Words Ã |Ã 6 Pagesfor employees to become involved in the quality process; effective leaders successfully communicate this to employees. Restaurant should be focusing on quality goal. And with employees in restaurant, helps to they create good ideas that every solve problems. Restaurant should give staff with the training, use technique because present, most restaurants have loaded the technique equipment, and sources to ensure they have the required skills and abilities to take responsibility for their roles and moveRead MoreWhat Are the Main Causes of Food Insecurity in the World Today?1656 Words Ã |Ã 7 PagesWhat are the main causes of food insecurity in the world today? Outline an d evaluate 2 or 3 possible solutions to food insecurity problems Currently, millions of people across the globe suffer from under-nutrition and hunger. In 2007, the UN (United Nations) estimated that there are approximately 850 million people who suffer undernourishment in the world today. It also reported that 799 million undernourished people live in developing countriesRead MoreSustainability of The Global Food System1104 Words Ã |Ã 5 Pagesneed to consume food to supply nutrient-needs for our bodies. As the global population increased, the demand for food also increased. Increased population led to mass production of foods. However, even with this mass production, in under-developed countries, people are still undernourished. On other hand, in developed and developing countries, people are overfed and suffering from obesity. In addition, the current methods of industrial farming destroy the environment. These problems raised a questionRead MoreThreats to Global Food Supplies Essay621 Words Ã |Ã 3 Pages There are many threats to global food supplies. Explain the problem, identity possible solutions, and assess the implications of implementing these solutions. Because of the increasing world population and the growth of the environmental problems such as global warming and acid rain, global food supplies meet great challenges to feed so many people especially those in economically richer areas wasting foods. A series of problems following food supply shortage like the competition of landRead MoreUnderstanding The Impact Of Junk Food Essay1510 Words Ã |Ã 7 Pages: Understanding the Impact of Junk Food INTRODUCTION Junk Food is that type of food which doesnÃ¢â¬â¢t contain nutritional value. It do not contain high level of calories and has little protein, vitamins and minerals. Such foods are also not good for health and has negative effects after consuming them. Why there is a More Demand of Junk Food? There are following reasons which shows that why people are attracted towards junk food:- Ã¢ ¦ Preparation of junk food doesnÃ¢â¬â¢t take so much time and it isRead MoreThe Current Food Of Food707 Words Ã |Ã 3 PagesThe current food system is highly market oriented and has many flawes that impact people in negative ways. The system contains problems starting form the production stage (farm labor issues) to the distribution ( food insecurities ). The current food system is primary driven by commodity rather than what people in communities want or need. In other words, because of globalization the food system provides customers with goods without asking the needs and want of the people. For instance, many citiesRead MoreOverpopulation Is The Scarcity Of Food Supplies1408 Words Ã |Ã 6 PagesEarth can hold (ConserveEnergyFuture, 2013). When overpopulation occurs, the number of resources on Earth cannot support the total population, thus resulting in various problems that conflict with the worldÃ¢â¬â¢s peace and harmony. One major problem that is caused by overpo pulation is the scarcity of food supplies. There is not enough food being produced to feed the mouths of the endlessly increasing population. Therefore, many people all over the world starve and are malnourished, which is why many armedRead MoreThe Food System Is Essential For Sustaining Human Life1345 Words Ã |Ã 6 PagesThe food system is essential to sustaining human life, yet it often gets overlooked. Feeding a city comes with a lot of issues, especially feeding the Halifax Regional Municipality (HRM) at a population of 414,000 (Statistics Canada, 2015). Although food is required to sustain humans, it has not always been produced sustainably in Halifax. Food sustainability is not only concerned with the food people consume, but rather looks at the whole system, interconnecting social, economic, and environmentalRead MoreFood Security Movement And The Global Food Supply Initiatives977 Words Ã |Ã 4 Pageslocal and global food systems controlling most of production, processing , distribution, marketing and retailing of food. This gives big businesses the power to eliminate competition and dictate their own terms to their suppliers forcing farmers and consumers into poverty and malnutrition. As a result, movements such as food security, global food supply initiatives and Food Sovereignty have been created to combat the damage big corporations have caused on farmers and communities. The food security movementRead MoreChief General Of The Un Food And Agriculture Organization1428 Words Ã |Ã 6 PagesFormer Director-General of the UN Food and Agriculture Organization (FAO), Jacques Diouf, once commented, Defeating hunger is a realistic goal for our time, as long as lasting political, economic, financial, and technical solutions are adopted. In his speech, Diouf referred to a sustainable development issue known as food security, an international issue that involves the availability, access, utilization, and stability of food. With recent global attention directed towards seemingly more
Tuesday, May 5, 2020
Question: Discuss about the Money and Capital Market Analysis. Answer: Introduction The report provides a background to the understanding of the money and capital markets and financial institutional risk. It has a relation with the case that led to the collapse of the Barings and the same was due to the unauthorized trading and losses approaches carried by Nick Leeson in the derivatives market of the bank. Background of the case (Collapse of the Barings) The case is related with the collapse of the oldest merchant bank of Britain i.e. Baring Futures that collapsed in the year 1995 after landing in the debts of S$1.4 billion that was made by the one and only trustworthy employee named Nick Leeson. The Bank had been operating for around 233 years but the single handed company i.e. management by Nick led to the collapse. The major features of the case are as follows: Leeson was thought to be the most trustworthy employee because in the initial stages of joining the bank made high amount of contributions that were a result of the unauthorized trades of speculation and the same had led to 10% profits of the bank in 1993 (Abid Ahmed, 2014). On losing the amounts, he hid them and kept in a hidden account that was known as error account 88888. The auditors were kept away by hiding all the important documents of the banks. The losses of the bank had been almost half of its total capital in the year 1994 but still he did not disclose the same in any manner possible. He undertook the use of straddle i.e. part of the option trading on both the Singapore and Nikkei Stock Exchange by betting a drop of around 19000 points but, he lost around 7% per week due to the unexpected earthquake. The confidence of the bank on Nick did not lower down as they were not aware about the risks that were possessed by the bank. Leeson had been active and accurately made false declarations to the regulatory authorities that led to the accumulation of the losses for the avoidance of the margin call. The bank was benefitted from Bank of England even after the rule being that a bank could not lend an amount of more than 25% of the total capital to the other entity. But, after the Nick got aware that the final losses of S$2.2 million will not be recovered in the year 1995, he fled and after several attempts made to rescue, he was detained. Thus, the whole scenario led to the collapse of the bank that had been ruling for 223 years as the debt had exceeded the total owned capital of the bank (Bodur, 2012). It was after the occurrence of the Baring Case that there were strict management and actions taken to product the trading and losses under the futures and options contracts. Future Contracts and the principle behind it The major points are as follows: The contracts has a legal binding among two parties for buying and selling commodities of specified nature at a date specified in future that is identified in the present date. They allow the management and speculators to gain from the movement in the prices as it provides liquidity. The future contracts are offered by the exchanges in the future and thus the same provides a range of contracts for the management of the risks There are short, medium and longer term rates of interests for hedging the same and speculating the losses and avoiding them before hand (Chui, 2012). Basic rule that determines the timing of the various transactions RULE The basic rule is that while establishing the strategy of hedging that was also carried out in the Nick Baring case that undertook the help of the straddle option to hedge the losses is as follows: Conduct a dealing or transaction in todays date in the future market that will have a correspondence with the intention of the trader in the future date. In the case of the Baring Collapse case, Nick had hedged the losses in the stock exchanges of Singapore and Nikkei and put a bet that there will be a fall of 19000 points in the Nikkei exchange. But, the same turned upside down after the unexpected occurrence of the earthquake. Thus, the intention of having a future dealing by conducting at the present date determines a contract (Hamilton Micklethwait, 2016). PROCEDURE The procedures involved in buying the future contract are as below: The contracts get traded on formal platforms like the SFE exchanges There will be a broker who will help in placing the market order of buying or selling The dealings can be performed in open like the CBOT or in close electronic platforms like SFE The modern age use the approach of electronic trading systems and not open ones that automatically undertakes the matching of buy or sale. The records of the trading is conducted and the transactions are granted by the clearing houses There is a margin that represents the coverage of the adversity in the movement of the prices with which the contracts have been performed. There will be a daily system of carrying out of the mark to market rule by the clearing houses. A maintenance margin is maintained for saving the clients in cases where the movement of prices had gone against the client (Johal et al., 2012) Implications of being long and short The implication of being long in terms of future contracts represents the situation that the trader going long will possibly incur more losses in case of the fall in the underlying asset of the contract. The implication of being long in terms of future contracts represents the situation that the trader going short will possibly incur more gains in case of the rise in the underlying asset of the contract. Procedures for closing out positions prior to delivery The cases and the procedures are as under: In case of the closing out of the client before the date of the expiry, there is an undertaking of an opposite contract A long position is a buy contract of futures that intents to buy forward and the same is closed out by selling another contract with the same date of expiry and commodity A short position is a sale contract of futures that intents to sell forward and the same is closed out by buying another contract with the same date of expiry and commodity (Lui, 2012) Failure of the Barings management The management of the Baring Bank was inefficient and ineffective in its operations and functioning of its management system due to the following reasons: Nick had been adopting the system the putting off the losses in an account 88888 that was never identified by the management due the lack of proficiency and practice of expertise and due diligence The management system never took any steps to identify that there have been steps taken by Nick to hide the important and significant documents from the auditors to check the actual transactions and dealing occurring within the organization (Moosa Silvapulle, 2012) Risk management Nature of risk The risk is the possibility of unexpected or unanticipated occurrences that may occur within the company and it leads to an addition of ambiguity to the management of the business. It has an exposure towards both operational and financial operations. The risks and threats are a basic and fundamental part of every organization and the management of the same is a must for every entities. The risk of increasing debts exceeding more than the capital can lead to the loss of the going concern of the entire corporation as was seen in the case of the Barings collapse due to the misappropriation of the trading deals and losses by Nike the derivative trader of the Bank (Ojo, 2016). Purpose of risk management Risk management is an effective measure that is solely undertaken for the effective control and management of the going concern capacity and continuation of an entity. The risks must be identified in the initial stages and accurately assessed and evaluated to get an outline of the risks possessed by the company. By making an outline and approach, a corporation can maintain its position and safeguard itself from the vulnerability to the hazardous elements and threats present in the environment of the business organization (Persaud, 2014). Thus, the main purposes include: Assurance about the organization getting aware of the risks within the business operations Assurance about the personnel considering the outcomes of risk that are drawn from their decision making processes Establishment of a strong and healthy risk management objectives, policies, procedures and strategies to safeguard from a wide range of the risk exposures Responsibility for the establishment of risk management The responsibility of the establishment of risk management lies on the following: Board of directors those having charge to determine and document the objectives of management of risks The CEO i.e. chief executive officer and executive management are equally responsible towards the establishment of the procedures and strategies of the management of risks along with the structures of reporting of the same (Reason, 2016). The responsibility for the establishment of risk management objectives, policies, procedures and strategies in a corporation lays on the management system of the company i.e. the board of directors. The administrative forces and authorities are liable and accountable to present a plan and scenario of presenting the strategies to manage and safeguard the company from the risk identified by them in the initial stages of taking up the risk management policy. Thus, a Corporate Governance must be identified in the company to undertake the management of the risks arising within the organization (Sikka, 2015). Nick Leeson case The logic and reasons why risk must be identified measured and managed in the corporations with respect to the Nick Leeson case are as below: An organization must enquire before the types of exposures that exist in order to initiate the process of managing the risks and thus, the necessity of identification of the prospective or probable risks arises. The exposures that have a relation or link between the components of operational or financial nature must be known and thus must be identified accordingly. There are variations in the nature, scope and extent of the exposures related to the risks that varies as per the business operations as in case of Baring that was a financial institution and it has an exposure towards a wide range of risks and threats. Thus, after the identification and evaluation of the exposures of the risk, the prospective risks related to the operations and functions must be measured as per the given variety of situations (Singh, 2013) After the performance of the quantitative analysis, the corporation will become efficient towards deciding the management of the risks and the alternative strategies will be identified and analyzed for the accuracy in the policies of the risk management to implement the same. Main functions of capital Capital is the actual wealth of an entity that will assist and aid in the production of more and increased wealth. The functions include: Allowing the transactions and dealings to take place as per the requirement Maintaining the risk exposures and other margins required to continue the proceedings of a company Providing employment to the desirable staff Overview of Basel II framework The first pillar of the Basel II is Minimum capital requirements and it requires the standard minimum requirement. In the given case, the Baring Bank had attained capital that was against the rule, from the Bank of England as one bank can offer not more than 25% of the capital to another entity. The second pillar of the Basel II is Supervisory review and its deals with the provision of frameworks that deals with the strategic, reputational, systematic and a variety of other risks that occur within the environment. The third pillar of the Basel II is The Market Discipline and this determines the disclosure procedure of allowing the markets to gauge the adequate amount of requirement of the capital. Types of acceptable capital under the Basel II and Basel III The different types of acceptable capital under the Basel II and Basel III capital accords are as below: The factors that help in distinguishing Basel II and III are as follow: The stricter standards and the capital: In case of BASEL III, there is a requirement of 10.5% of the Risk Weighted Assets that will form a part of the overall capital base of the entity Buffer of Capital conservation: There has been an introduction of 2.5% of buffer or cushion to be maintained by the banks so that it can face the economic crisis or losses of financial nature. Counter-cyclical Buffer of Capital conservation: There has been an introduction of -0.25% of broader or wider buffer or cushion to be maintained by the banks so that it can face the excessiveness in the growth of the credits that means the enhancement of the risks in the sector of banks. Conclusion From the above case it can be understood and evaluated that the inefficiency in the money and capital markets can lead to an overall financial institutional risk. In the Barings Bank case, Nick had taken the benefit of the mismanagement occurring within the company. Thus, the management must take steps to manage and review the same in a continuous basis. The unauthorized trading and losses approaches can lead to the overall financial destruction that can be understood from the above case. An organization must enquire before the types of exposures that exist in order to initiate the process of managing the risks and thus, the necessity of identification of the prospective or probable risks arises. The exposures that have a relation or link between the components of operational or financial nature must be known and thus must be identified accordingly. References Abid, G., Ahmed, A. (2014). Failing in corporate governance and warning signs of a corporate collapse. Anagnostis, K., Alexios, K. (2014). Factors of Weaknesses of Supervisory Methods as Components of Systematic Risk. The Impacts of Collapses to Instability of Banking System.Procedia Economics and Finance,9, 120-132. Bodur, Z. (2012). Operational Risk and Operational Risk related Banking Scandals/large Incidents.Maliye Finans Yaz?lar?,26(97), 64-86. Chui, M. (2012, February). Derivatives markets, products and participants: an overview. InChina and the Irving Fisher Committee in Zhengzhou on 2729 September 2010. The views expressed are those of the authors and do not necessarily reflect the views of the BIS or the central banks represented at the meeting. Individual papers (or excerpts thereof) may be reproduced or translated with the authorisation of the authors concerned.(p. 3). Hamilton, S., Micklethwait, A. (2016).Greed and corporate failure: The lessons from recent disasters. Springer. Johal, S., Moran, M., Williams, K. (2012).Post-Crisis Financial Regulation in Britain(pp. 67-95). na. Kantukov, M., Medvedskaja, D. (2013). From dishonesty to disaster: the reasons and consequences of rogue traders fraudulent behavior. In(Dis) Honesty in Management(pp. 147-165). Emerald Group Publishing Limited. Lui, A. (2012). Retail ring-fencing of banks and its implications.Journal of Banking Regulation,13(4), 336-348. Moosa, I., Silvapulle, P. (2012). An empirical analysis of the operational losses of Australian banks.Accounting Finance,52(1), 165-185. Ojo, M. (2016). International framework for liquidity risk measurement, standards and monitoring: corporate governance and internal controls. Persaud, A. (2014). Why bail-in securities are fool's gold.Browser Download This Paper. Reason, J. (2016).Managing the risks of organizational accidents. Routledge. Sikka, P. (2015, March). The corrosive effects of neoliberalism on the UK financial crises and auditing practices: A dead-end for reforms. InAccounting Forum(Vol. 39, No. 1, pp. 1-18). Elsevier. Singh, D. (2012).Banking regulation of UK and US financial markets. Ashgate Publishing, Ltd.. Singh, D. (2013). The role of external auditors in bank supervision: a supervisory gatekeeper?. Valdez, S., Molyneux, P. (2015).An introduction to global financial markets. Palgrave Macmillan.
Monday, April 13, 2020
J.R.R. Tolkien: Middle Earth J.R.R. Tolkien: Middle Earth John Ronald Reuel Tolkien is remembered for his imaginative writings and the lasting creation of Middle-earth world. However, he was also a great scholar and linguist, holding the position of the Rawlingson and Bosworth Professor of Anglo-Saxon at Oxford University. His writings owe much of its power to his ocean of knowledge about European languages and a deep understanding and appreciation of the art of storytelling and myths. His books have been translated into twenty-four languages and many millions of copies have been sold worldwide. Tolkien was born in the Orange Free State, in what is now South Africa, on January 3, 1892. However, his mother brought him home to England when he was four, and after his father's death his family made their home in rural Sarehole, then on the edge of the industrial city, Brimingham. When Tolkien was only twelve, his mother passed away, leaving him and his brother in the care of Father Francis Xavier Morgan. Father Morgan was a very strong moral influence on young Tolkien and provided him with loving support though to his years in college. Tolkien received a very good high school education at King Edward VI School, one of the finest schools in England at the time. From there he went up to Oxford, where he studied English at Exeter College, gaining him first class honors. At the age of twenty-one, Tolkien proposed to his childhood sweetheart, Edith Bratt, although it was against the wishes of Father Morgan, who objected to him marrying someone three years older than himself. However, the two were unable to wed for a few years because Tolkien was drafted to fight in World War I. During the war he served in the Lancashire Fusiliers as an officer, and survived the Somme, though many of his close friends and colleagues died. His respect for the common soldier under the great stress of war shows through in his later writings, where the Hobbits show strength in Mordor, previously unseen by themselves or others. After the war he got a job, working at the New English Dictionary, but in 1920 he was appointed reader in English at Leeds University. Four years later he was promoted to Professor, which is the highest academic rank in British universities. It was this time that he started writing. At this stage he thought of his tales as being a new mythology for England. These early works, which laid the basis for his later works, are now published as The Book of Lost Tales. In 1925 he was elected to the Professorship at Oxford. There he specialized in Philology, the study of words, and was among the most accomplished scholars in his field. His love of words led him to work on a series of languages for the Elves of Middle-earth. Though out his lifetime this obsession drove him to produce fourteen languages and he also showed how these languages developed over the course of history of Middle-earth. Tolkien said that the one of the first alphabets, called Tengwar, became very popular because it was a very flexible writing system that was easily adapted by the many different races of Middle-earth for use with their languages. The main flaw of this language was that it was very difficult to inscribe onto metal, stone or wood. This led to the creation of alphabet but with simpler characters made with strait lines. Tolkien often signed his work with }[emailprotected]@O8bael/u} , which translates into his name. Over the course of the next few years Tolkien wrote four books for each of his four children. Of these, The Hobbit is the best known and was eventually published in 1937. Stanley Unwin, the publisher asked for a sequel but Tolkien was skeptical of a sequel's success. He felt as if his work would only be enjoyed by a small minority and was surprised with his previous success. Once he began though, he became very involved with the book. Unfortunately World War II intervened, and slowed the process down considerably, taking a total of twelve years to complete. The book blossomed into more than a sequel, being not a book for children, but a great saga for adults, The Lord of the Rings. At the time of its first publication the book received mixed reviews. It was not until the late 60's and early 70's that Tolkien's popularity increased dramatically with the official release of the Lord of the Rings in the
Wednesday, March 11, 2020
Ã¢â¬Å"Intranets are everywhere. In a recent Forrester Research Inc. survey of executives at 50 Fortune 1000 companies, 96 percent of those polled were either building or already using internal Web sites. Only 4 percent had no plans to invest in intranet technology. Other surveys indicate that 65 percent to 90 percent of America's biggest corporations expect to implement intranets by the end of this year.Ã¢â¬ cio.com/archive/webbusiness/100197_power.html When I first began this project, I had no idea how to make the Intranet work for us, or actually what the Intranet was, this gave me a lot to learn is a very short period of time. The Intranet page is one that began very small and grew rapidly; most of the employees gave suggestions as to what they wanted to see housed on their Intranet. We use this as a Newspaper of types, if you want to print it off to read later at your leisure you can do so. I received most of the information about Intranets through the website dhark.com/intranet.html which gave me good design issues and how to solve the problems that I would be facing. The site gave some powerful presentations to view and save to review repeatedly, this assisted me in showing Upper Management what they were missing in not using the Intranet. I found that the Internet was a powerful tool for researching a subject and in relation to the Intranet; it gave me well over two hundred eighty sites to view and learn from. This is sometim es good and sometimes bad due to the massive amounts of information to sift through. One of the first things that I learned about an Intranet is the network, I did not understand the basics of that until I had a technician draw out what a basic network looked like then I understood. We actually house three networks here, one is under a NOVEL platform, one is under a LINUX platform and the last is under a Windows 2000 platform. Each has itsÃ¢â¬â¢ own unique standards and programs, which are... Free Essays on Agency Intranet Free Essays on Agency Intranet Ã¢â¬Å"Intranets are everywhere. In a recent Forrester Research Inc. survey of executives at 50 Fortune 1000 companies, 96 percent of those polled were either building or already using internal Web sites. Only 4 percent had no plans to invest in intranet technology. Other surveys indicate that 65 percent to 90 percent of America's biggest corporations expect to implement intranets by the end of this year.Ã¢â¬ cio.com/archive/webbusiness/100197_power.html When I first began this project, I had no idea how to make the Intranet work for us, or actually what the Intranet was, this gave me a lot to learn is a very short period of time. The Intranet page is one that began very small and grew rapidly; most of the employees gave suggestions as to what they wanted to see housed on their Intranet. We use this as a Newspaper of types, if you want to print it off to read later at your leisure you can do so. I received most of the information about Intranets through the website dhark.com/intranet.html which gave me good design issues and how to solve the problems that I would be facing. The site gave some powerful presentations to view and save to review repeatedly, this assisted me in showing Upper Management what they were missing in not using the Intranet. I found that the Internet was a powerful tool for researching a subject and in relation to the Intranet; it gave me well over two hundred eighty sites to view and learn from. This is sometim es good and sometimes bad due to the massive amounts of information to sift through. One of the first things that I learned about an Intranet is the network, I did not understand the basics of that until I had a technician draw out what a basic network looked like then I understood. We actually house three networks here, one is under a NOVEL platform, one is under a LINUX platform and the last is under a Windows 2000 platform. Each has itsÃ¢â¬â¢ own unique standards and programs, which are...
Sunday, February 23, 2020
Information Security Plan - Essay Example The organisation is housed in a detached, multi-storeyed building located in the central business district of an Australian city. The company owns several assets that may at risk (Hall 2012, 273). The companyÃ¢â¬â¢s physical holdings include the tables, chairs, computers, cabinets, calculators, printers, fax machine, scanner, delivery equipment, production equipment, inventories, and air conditions. The companyÃ¢â¬â¢s employees use the tables, calculators, and chairs to process their daily activities like recording business transactions. The business transactions include selling the companyÃ¢â¬â¢s goods and services. Further, the companyÃ¢â¬â¢s employees also use the chairs to accomplish their daily responsibilities of processing the sales and purchase of inventory items (Brigham 2010, 105). In addition, the employees use the chairs whenever they prepare their monthly reports. The employees use the chairs because it would be too taxing for the employees to stand up the whole day while encoding the companyÃ¢â¬â¢s business transactions. Management assigns one chair t each employee. ... In addition, the companyÃ¢â¬â¢s employees file their printed records in the cabinet (Schlesinger 2007, 2). The cabinet contains confidential printed records of the companyÃ¢â¬â¢s daily transactions. The transaction records include the number of items bought by the companyÃ¢â¬â¢s current and prospective customers. The transaction records include the amount and quantity bough from the current and prospective suppliers. Likewise, the company uses the printers to print the required hard copy reports (Stickney 2009, 366). The company also uses the printers to print sales letters that are submitted to the companyÃ¢â¬â¢s current and prospective customers. The company uses the printers to submit purchase requisitions to the companyÃ¢â¬â¢s current and prospective suppliers. The employees use the printers to prepare their monthly reports or presentations. In addition, the company uses the fax machines and scanners to send information to entities outside the companyÃ¢â¬â¢s premises (Hussey 2010, 11). The fax machines and scanners hasten the transfer of printed copies. The use of the fax machines and scanners eliminate the process of sending confidential data through the post office, snail mail. Normally, the fax machines can be used as telephones. In the same manner, the company uses delivery equipments (Hussey 2010, 11). The delivery equipments include trucks, cars, and other delivery vehicles. The company uses the delivery equipments to deliver the sold products to the companyÃ¢â¬â¢s current and prospective customers. In addition, the company harnesses the delivery equipments to retrieve the purchased products from the companyÃ¢â¬â¢s current and prospective suppliers. Further, the company owns inventories (Mendell 2006, 21). The inventories