Thursday, December 26, 2019

Biology Suffix Definition -otomy, -tomy

The suffix -otomy, or -tomy, refers to the act of cutting or making an incision, as in a medical operation or procedure. This word part is derived from the Greek -tomia, which means to cut. Examples Anatomy (ana-tomy): the study of the physical structure of living organisms. Anatomical dissection is a primary component of this type of biological study. Anatomy involves the study of macro-structures (heart, brain, kidneys, etc.) and microstructures (cells, organelles, etc.). Autotomy (aut-otomy): the act of removing an appendage from the body in order to escape when trapped. This defense mechanism is exhibited in animals such as lizards, geckos, and crabs. These animals can use regeneration to recover the lost appendage. Craniotomy (crani-otomy): surgical cutting of the skull, typically done to provide access to the brain when surgery is needed. A craniotomy may require a small or large cut depending on the type of surgery needed. A small cut in the skull is referred to as a burr hole and is used to insert a shunt or remove small brain tissue samples. A large craniotomy is called a skull base craniotomy and is needed when removing large tumors or after an injury that causes a skull fracture. Episiotomy (episi-otomy): surgical cut made into the area between the vagina and anus to prevent tearing during the child birthing process. This procedure is no longer routinely performed due to associated risks of infection, extra blood loss, and possible increase in the size of the cut during delivery. Gastrotomy (gastr-otomy): surgical incision made into the stomach for the purpose of feeding an individual who is incapable of taking in food through normal processes. Hysterotomy (hyster-otomy): surgical incision made into the uterus. This procedure is done in a Cesarean section to remove a baby from the womb. A hysterotomy is also performed in order to operate on a fetus in the womb. Phlebotomy (phleb-otomy): incision or puncture made into a vein in order to draw blood. A phlebotomist is a health care worker who draws blood. Laparotomy (lapar-otomy): incision made into the abdominal wall for the purpose of examining abdominal organs or diagnosing an abdominal problem. Organs examined during this procedure may include the kidneys, liver, spleen, pancreas, appendix, stomach, intestines, and female reproductive organs. Lobotomy (lob-otomy): incision made into a lobe of a gland or organ. Lobotomy also refers to an incision made into a lobe of the brain to sever nerve tracts. Rhizotomy (rhiz-otomy): surgical severing of a cranial nerve root or spinal nerve root in order to relieve back pain or decrease muscle spasms. Tenotomy (ten-otmy): incision made into the tendon in order to correct a muscle deformity.  This procedure helps to lengthen a defective muscle and is commonly used to correct a club foot. Tracheotomy (trache-otomy): incision made into the trachea (windpipe) for the purpose of inserting a tube to allow air to flow the lungs. This is done to bypass an obstruction in the trachea, such as swelling or a foreign object.

Wednesday, December 18, 2019

Escapism in Childrens Literature - 887 Words

Children’s literature can take many forms, from far-fetching science fiction to spell binding who-done-it mysteries. One of the most popular ideas presented in these various forms is that of escapism. The characters in these stories explore quite complex social issues in ways that are less confrontational then realism. One might consider why escape is such a central theme; as a child there are numerous benefits to fantasy, it allows readers to experiment with different views of the world and takes hypothetical situations and invites them to make connections between this fictive scenario and their own reality. John Stephens an English professor at Macquarie University has said â€Å" Fantasy writing operates through metaphor- so that the unfamiliar is used to stand in for, or comment upon, the familiar.† The use of metaphor in Fantasy makes it more â€Å"open† to different readings and meanings. Take J.M. Barrie’s fantasy novel Alice’s Adventures in Wonderland as an example. Barrie uses his story to transport Alice to an unknown world full of backwards words and talking animals. This allows Alice to escape the boredom of picture less books and adult conversations that were beginning to consume her. Similar in theory is Neil Gaiman’s style of writing. Gaiman has produced a number of Victorian-influenced fantasy novels for children, including Coraline. Coraline, like Alice centers on a young girl entering another world. Escape can be seem in many books for children but one story inShow MoreRelatedFantasy Is Reality Essay1149 Words   |  5 Pagesover the years since it has been published in the 1930s. According to Steven Jones, the use of fantasy in fairy tales is quot;the most salient...stylistic feature.quot; In most other stories which fall into the genre of fairy tales or fantasy literature, one can never overemphasize the importance of fantasy in them. However, the fantastical elements there is usually accompanied by some realistic elements, such as a link with the ordinary world like ours. For example in Alices Adventures in WonderlandRead More The Journey in Children’s Fantasy Fiction1334 Words   |  5 PagesThere Back Again: Analysing The Journey in Children’s Fantasy Fiction in regards to the Escapism Debate So many children’s fantasy fiction stories began as larks, extempore creations for their delight, and were written down and published by chance – Lewis Carroll invented Alice In Wonderland (1865) simply to amuse Alice Liddell while boating one ‘golden afternoon’, while Neil Gaiman originally started writing Coraline (2002) for his daughter Holly because she liked scary stories. So much so, thatRead MoreChildrens Literature Becoming an Equalizer876 Words   |  4 Pagesimportance of reading; which, is the basis for leaving England settling in America. Children’s literature started with teaching to read for the expressed purpose of understanding the word of a higher power and living accordingly. The importance of literacy becomes more apparent as society falls in to war. Furthermore, many authors, philosophers and many other important figures in history impacted children’s literature, expanding on the original idea reading is an equalizer. In Essay Concerning HumanRead More C.S. Lewis on Misunderstanding Fantasy Essay4960 Words   |  20 Pagesthe loss of credibility of fantasy literature among the academic elite who ruled it a popular genre with little to no scholarly merit. Little that had had the misfortune of being dubbed fantasy had escaped the blacklist cast upon the field. Many critics had also labeled the fantasy genre as largely clichà ©, full of shallow characters, and as having no value beyond being purely escapist entertainment. These generic labels, applied wholesale to fantastic literature, had pushed it off the radar untilRead MoreNeverland and Peter and Wendy by James Matthew Barrie1319 Words   |  5 PagesClosing the Window (draft 5) â€Å"On these magic shores children at play are for ever breaching their coracles. We too have been there; we can still hear the sound of the surf, though we shall land no more.† Romantic children’s literature for time immemorial has allowed its audience to imagine the unimaginable, to believe in the magical, to explore uncharted territory and to see themselves in and through the lives of the characters. These tales expose their audiences to the opportunities, and the freedomRead MoreThe Value Of Entertainment Within Film1776 Words   |  8 Pagesaudience it is an escape into a different world which allows a story to be told, much like literature. Furthermore, literature is considered more than just entertainment and film is usually described as words within moving pictures. It is for this reason the function of film is not only to entertain, but to tell a story and inspire audiences to return and continue watching films. Furthermore, a recent animated children’s film that explores film as entertainment is Disney Pixar’s animation, Inside Out (2015)Read MoreEssay on Censorship - To Censor Literature is to Censor Life2196 Words   |  9 PagesTo Censor Literature is to Censor Life      Ã‚  Ã‚   All that mankind has done, thought, gained or been: it is lying as in magic preservation in the pages of books.   They are the chosen possession of men.   Thomas Carlyle spoke these words in the early 19th century.   Two hundred years later, it seems we still do not understand the breadth and magnificence of the written word.  Ã‚   Americans have forgotten the magical experiences that can be found in the pages of books.   Instead of respecting the chosenRead MoreConsumer Behavior And Consumer Behaviour1575 Words   |  7 Pagesbelonging and love; affection, giving and receiving love. Following by self-esteem and esteem from others and self-actualisation, which can be described as personal self-fulfilment. Despite the influence of this theory, in terms of tourism motivation literature, needs-based motivation theories have been criticised because forecasting the effects of motivation on behaviour involve more than an understanding of human needs, this is because people’s needs will not essentially tell us what they will reallyRead MoreJ. M. Barrie s Peter Pan And Lewis Carroll s Alice s Adventure Essay2118 Words   |  9 Pagesas the differences. Firstly, J.M. Barrie’s Peter Pan and Lewis Carroll’s Alice’s Adventure in Wonderland are both children’s literature which resonates with children as well as the adult audience however Wonderland does not associate to one’s maturity level, but to one’s sanity level. Barrie’s Peter Pan and Carroll’s Alice’s Adventure in Wonderland are both children’s literature which resonates with children as well as the adult audience however Wonderland does not associate to one’s maturity levelRead MoreSleeping Beauty1613 Words   |  7 PagesSleeping Beauty Literature Review The story of Sleeping Beauty has evolved over time and has been changed slightly throughout the different versions. It has changed in order to fit social norms for the time and context has been altered to appeal to the current audiences. The three main versions of Sleeping Beauty are the Charles Perrault in 1697, which was adapted from the original fairy tale Sun, Moon, and Talia by Giambattistas Basile in 1634. Perraults version was a tale

Monday, December 9, 2019

International Strategies & Management Plan of BMW

Question: Describe about the International Strategic Management of BMW? Answer: Introduction The strategic management is considered as the process of planning in order to develop strategy either in the context of domestic circle or international circle. Therefore, strategic management is helpful for the industries all around the globe to gain higher benefit from the international as well as from domestic market. The current study will be focusing on the key dilemma that has been faced by the company. The company has been focused on BMW. Therefore, the issues will be explained considering internal analysis of BMW and different strategy will be mentioned to have a deep understanding. Key Dilemma Faced by BMW High Cost Structure: It is evident that cost structure of BMW is relatively higher in comparison to other bigger car manufacturing company. The company is involved in producing quality and costly cars which is impossible for the middle income group people to buy the cars. Apart from that, company involve high cost in recruiting high skilled workforce (Avery and Bergsteiner, 2011). Therefore, it is one of the weakness of the company control their cost. Differentiation: According to Bailey and Ruyter (2012), differentiation signifies that the marketing mix is extensively different from and effective than what is accessible from the rivals. On the other hand, the product differentiation is treated as the core element of the company to gain healthy and higher market share and remain ahead of the major competitors. It is known that there are large numbers of options for the buyers of vehicle to buy from all over the globe that has the same functional characteristics which is involved in the costly cars. Therefore, BMW is forced due to such issue to manufacture and develop unique products so that they can cope up with the preference, taste and fickle requirements of the car lovers (Chen, 2013). Thus, the differentiation increases the budget of the company so that they do not lose their market share to other competitors available in the car industry. Innovation: The commitment towards the variety of product and innovation has lead to bigger challenges in the organisations. Therefore, the complexity of functions that are provided in the premium luxurious cars of BMW has multiplied the manufacturing cost of the company. On the other hand, Fang (n.d.) mentioned that product development is treated as the highly financially taxing in relation to BMW. The cost of developing or manufacturing a fresh model or port is relatively high, time overwhelming and holds key risks. Therefore, the company is facing with steep procedure of innovating prototypes and also receiving high risk level testing phase. Thus, the innovating the product is a serious issue which is faced by the company in order to maintain their market cap. Competition: The high level of competition from the competitors can make strategic planning of the company not to provide full support. As per Harbour (2012), the automobile industry is growing slowly which increase the intense competition among the big car manufacturing company. Therefore, it has affected the strategy of the BMW. The major competition that is faced by BMW is Toyota, Volkswagen and General Motors. Thus, in order to lead the market, BMW is forced to have merger and partners. BMW acquired Rover and further the company merged with Rolls Royce to become leader of the market in relation to luxury cars. Substitute Products: Jung et al. (2012) discussed that the threat of substitute product on the automobile market is related with the products, resources or materials that may have severe affect on the demand of the product both nationally and internationally. Apart from that, Kim (2014) mentioned that substitute product can take away the sales percent of the company and market share. Therefore, BMW is targeting premium consumers and not on the average customers. The premium buyers are targeted as for them quality matters that provide high comfort. On the other hand, Kgler and Kragl (2012) pointed that there are other car manufacturers that targets premium customers such as Mercedes, Porsche and Audi. Therefore, these are the possible substitute for the cars offered by BMW. Global Warming: Loch et al. (2001) proposed that global warming has become great concern all over the world. Therefore, the governments, non government enterprises and activists of environment are forcing the major manufacturing industries to go green and sustainable. Therefore, it has impacted the BMW to develop the car in expected way. The stable of BMW comprises BMW brand along with super luxury Rolls Royce and compact Mini. As per the sources, BMW has expected to sale over 2.1 billion vehicles a year by 2015 has faced with stern regulation to follow (Madhani, 2012). Therefore, it made the company to include extra costs in innovation for environmentally friend fuels or engines and also making investment into the alternative energy sources to run the cars. Internal Analysis: Resource Based View BMW functions in thirteen different nations with 24 manufacturing facilities. It is also known that most manufacturing site is possessed by BMW. However, Madhani (2012) mentioned that BMW group is not able to gain the similar economies of scale of the rivals due to holding three various premium brands. Moreover, it was mentioned that momentous investment in research and development is tough for the company to recover. Apart from that, Andersn (2010) pointed that research and development helps the company in gaining competitive advantage. Due to that, BMW is able to foresee and react quickly to the changes occur in the market. The strategic alliances with Alfa Romeo and Fiat were effective for the company to generate advantage from the cost savings and gain economies of scale. On the other hand, Colbert (2004) pointed that Resource based View can be effective in understanding and analysing the internal situation of the company. Therefore, the model will help in knowing the competitive advantage of BMW. Hasnelly and Sari (2012), explained that RBV consider resources as the major factors which helps in superior performance of firm. It is evident that key resource of the company that is BMW is technical design knowledge which is effectively converted into new products to meet the demand and expectation of customers. Moreover, in order to understand the competitive advantage of BMW, RBV model will be explained: Tangible assets: These are the related with physical things such as buildings, machinery, land, capital and equipments. Therefore, till 2013, BMW holds around 9456 million of intangible assets which gradually increases every year (Bmwgroup.com, 2015). Henard and McFadyen (2012) opined that physical resources can be easily purchased in the market; therefore, they bestow minimum advantage to the firm in the long term as the competitors can be able to obtain the similar assets at some point of time. Therefore, it can be understood that acquiring high or costly physical resources may not ensure high competitive advantage to BMW. Intangible Assets: Hunt and Davis (2012) described that these assets are whole thing except any physical presence and company still owns these assets. Some of the assets that relates to intangible are trademarks, intellectual property, brand reputation, etc. Therefore, in the case of BMW, the company has immense technical design knowledge which helps in manufacturing and developing high and superior quality luxury cars for the premium customers. The technical knowledge of the employees of BMW helps the company to gain competitive advantage and lead the market. On the other hand, the BMW possesses high brand reputation and highly branded product considered by all customers group. Therefore, the company organise all their effort to maintain their brand reputation and by providing timely service to the customers on demand (Insead.edu, 2015). Thus, it is known that intangible resources are the key source for the company to gain sustainable competitive advantage over the arch competitors. Apart from that, (Jugdev and Mathur, 2013) mentioned that heterogeneous and immobile has to be considered too: Heterogeneous: According to this assumption, capability, skill and other resources that company holds has to be different from the other company in order to receive competitive benefit. Jung et al. (2012) argued that if the organisations follow or possess similar amount of resources then it can be tough for them to exercise different strategies to gain advantage over each other. Therefore, BMW tries to focus on different resources and strategies that can help them to remain ahead and gain competitive edge. It is evident from the report of Automotive News; BMW brand has outcaste Mercedes and Audi globally in terms of sales. Therefore, as a result brand value of BMW rose to 6% in November 2014 to 158953 cars (Kim, 2014). Moreover, there is high demand in China and European markets for BMW cars. On the other hand, BMW has effectively focused on their electronic and communication technology to develop competitive benefits via e-marketing. Moreover, the company only manufactures car for o nly selected premium customers. The competition between Audi and BMW is an effective example as both the companies operate in similar industry and bare similar external forces. However, using different resources apart them and BMW is quite successful over the Audi in terms of profits and sells. BMW has high brand reputation and due to that Audi follow different strategy. Immobile: According to Kgler and Kragl (2012), the assumptions that RBV holds explains that resources do not shift from firm to firm and are not mobile. Therefore, such immobility does not allow company to use the resources and similar strategies followed in other company. In the case of BMW too, the company may not implement the same strategies that might be followed in Mercedes or Audi. Thus, the intangible resources of BMW such as technical design knowledge of employees cannot be copied by others. Figure 1: RBV Model The VRIO framework can be effective in examining the resources of the company whether it is efficient in providing competitive advantage or not. Valuable: The resources of BMW are valuable which helps in raising the value provided to the buyers. Therefore, BMW focus on differentiation so that cost of production can be controlled and helps in gaining competitive edge. The company try to provide unique product so that high security and comfort can be given to car lovers. Rarity: As per Yang, Ho and Chang (2010), the resources that are acquired by few industries are regarded as rare. The expert knowledge of the staff is rare which may not be easily possessed in everyone. Therefore, BMW has bunch of expert technical expert that helps the company in designing and manufacturing the cars that best suits the demand of the premium target market. Thus, it can help in receiving higher rivalry benefit. Imitate: Masondo (2003) discussed that the resources that are costly can be expensive for the other firm to substitute or imitate for their benefit. Therefore, BMW used the technology for their benefit. Thus, in that case company has started BMW applications such as BMW Connected, BMW Magazine, BMW Mobile Configurator and The Ultimate Drive which can be costly for other car manufacturing companies such as Maruti Suzuki, TATA Motors, etc. Organise: The firms may not be able to receive sustain competitive gain if the resources are not aligned or organised in the company. BMW effectively try to organize their available resources and human resources to remain the leader in terms of luxury cars and attain sustained competitive benefit. Market Based View of Strategy Internationality Moreno, Pinheiro and Joia (2012) propounded that market based view of strategy is involved in structuring the policies and strategy of the company relying on the nature and trends of the firms environment considering both internationally and domestically. Therefore, it helps the company in choosing the market combination for their specific products in order to remain ahead in the market and attain competitive gain. Thus, in order to understand the MBV of BMW, Porters generic Strategy Strategies will be employed. Cost Leadership: The cost leadership strategy focuses on the attainment of the sustainable leadership where the industry sets out to be the least cost provider of services and products in order to gain high market share. The industries apply such strategy to attract the customers and encircle large customers for long term benefit (Morrissey and Phillips, 2007). In the case of BMW, the company has never focused on cost leadership approach as they majorly target premium automobile segment and premium customers which can be known from there three brands that are Rolls Royce, Mini and BMW. On the other hand, it has been found that in 2010, the costs of research and development and labour cost touched 3 billion in US and Germany. Differentiation: Otubanjo (n.d.) discussed that the organisations adopt differentiation strategy by focusing on the uniqueness of the product or pricing the product so that buyers can get attracted towards the product and remain loyal to company. On the other hand, in case of BMW, the company focuses on developing sustainable competitive gain by focusing on technology, customer focus, innovation and their brands by developing premium cars majorly for the luxury market around the globe. Trapped in between: The industries that follow differentiation, cost leadership and focus and fails to attain goal fall into middle and does not gain competitive advantage. For instance, acquisition of Rover by BMW in 1994 and they tried to apply differentiation strategy with focus strategy both in mass market and premium market and due to that leadership style and organisational culture in Germany and UK collided. Moreover, it led to loss of 3.2 billion (Ou, Varriale and Tsui, 2012). Therefore, the company decided to focus on differentiation focus strategy for their Rolls Royce, BMW and Mini brands for the future. This helped in penetrating to premium market in large, mid-size and small segments. Focus: The focus strategy is implemented by the organisations by targeting a group in order to serve them with their product and services. Moreover, organisations target the customers only those that best suits their product and ensure effective earnings and sales. Therefore, BMW finds an option in the niche small automobile market for their Mini brand. On the other hand, as the cars of BMW are too costly, therefore the company only focus on high income group people as they can bear the cost and own a car which may be not possible for the middle income group people. Thus, target premium customers of China, India, US and other nation. Globalisation and Localisation Strategy of BMW Rui and Si (2010) opined that BMW has employed different marketing mix to increase the sale of their cars to various socioeconomic groups and aggressively emphasizes on the premium groups. On the other hand, the company has initiated the objective of segregating the premium market via optimizing fit among the buying behaviour of the customers and the marketing mix in order to increase the sale in that part. Apart from that, the company considers the customers that look for higher standard quality, performance and luxury. Therefore, BMW takes in account such requirement of customers into their automobiles so that large benefit can be received from international market and increasing market share and gaining competitive advantage. Moreover, it is know that BMW offers trendsetting and attractive products that range from 3 to 7 series which significantly focuses on the wealthy consumers. Thus, it helps BMW in making mark in global market and become leader of luxury car. Apart from that, Zhu (2012) mentioned that global marketing strategy of BMW represents leadership via innovation. Therefore, the company has shifted their position to sheer driving delight from the eventual driving machine. It represents that company now seriously considers the emotional factors of the customers. Further, Yang, Ho and Chang (2010) pointed that BMW has adopted centralised and unified brand strategy for their Asian and American market. The company also followed mass customisation as a worldwide strategy. For instance, product diversification of product lines of BMW can be understood as: 6 series $20000-$50000 5 series $40000-$50000 3 series $60000-$70000 On the other hand, BMW to incorporate their localised strategy, they engage local people to acts as distributors. They visit to different locations and demonstrate the features of BMWs cars to the customers. Moreover, company provide training to 25,000 local employees to provide best service to the customers (Tzifakis, 2012). The company focuses on advertising to attract the local premium customers at large. Planned and Emergent Corporate strategy The planned strategy is considered as prior planning before completing falling into operations. Therefore, the company, BMW plan all their resource requirements, human resource requirements, strategic goals and other requirements so that set goal can be achieved within the stipulated time frame (Rui and Si, 2010). Therefore, the company broadly mention their vision, goals and intentions to be achieved. On the other hand, emergent corporate strategy arises when there are consistencies in the actions (koreatimes, 2015). Moreover, if find sudden error in the operation and action then it will be an emergency situation where the organisation will have to implement strategy otherwise it may affect the operational process. Therefore, BMW is effectively involved in studying the changes that may occur in the market so that they can be ready to accept such changes and significantly meet the demand of the customers (Ou, Varriale and Tsui, 2012). Responsiveness and Synergy Responsiveness is concerned with effectively reacting to the market, customers or to other factors. BMW is highly responsive towards their customers in providing details about the cars. On the other hand, if the company finds that spending power of the customers has increased then the company in gradually increases the price of cars (Nerys, 2009). For instance, the spending power of people of China has increased and due to that BMW has also increased their price in China by 5%. Apart from that, if changes occur in the market, then BMW make adjustments in their operation so that they do not suffer huge losses (Kgler and Kragl, 2012). Further, in context to synergy, the cooperation between BMW and Rover to gain higher benefit and provide better luxury car to customers. On the other hand, PGE has partnered with BMW in order to test the performance of EVs in demand response programs. Therefore, it helps both the firm to work cooperatively and serve the customers (Greentechmedia.com, 2015). Conclusions The strategic management is effectively involved in structuring and implementing the objectives or initiatives adopted by the top management of the company. Moreover, it is evident that strategic management supply direction to the organisation so that higher advantage can be gained from the market and operational process. The strategy is effective in expanding business in foreign soil. The current report has focused on the strategic nature in context to BMW and key dilemma that is faced by the company has been discussed. References Andersn, J. (2010). Resource based competitiveness: managerial implications of the resource based view. Strategic Direction, 26(5), pp.3-5. Arsov, A. (n.d.). Who is Stronger? German Stock Exchange Xetra or BMW? The Case of 2014. SSRN Journal. Avery, G. and Bergsteiner, H. (2011). How BMW successfully practices sustainable leadership principles. Strategy Leadership, 39(6), pp.11-18. Bailey, D. and Ruyter, A. (2012). Re-examining the BMW-Rover affair: a case study of corporate, strategic and government failure?. International Journal of Automotive Technology and Management, 12(2), p.117. Bmwgroup.com, (2015). Financial StatementsofBMWAG. [online] Available at: https://www.bmwgroup.com/e/0_0_www_bmwgroup_com/investor_relations/finanzberichte/12360_BMW_AG_Jahresabschluss_2013_engl_Online.pdf [Accessed 1 Mar. 2015]. Chen, C. (2013). Discuss BMW Automatic Transmission Work Principle and Fault Handling. AMM, 273, pp.240-244. Colbert, B. (2004). The Complex Resource-Based View: Implications for Theory and Practice in Strategic Human Resource Management. The Academy of Management Review, 29(3), p.341. Fang, K. (n.d.). Micro Architecture of the Financial Market Based on the Scale-Free Network View. SSRN Journal. Greentechmedia.com, (2015). PGE Partners With BMW to Test How EVs Perform in Demand Response Programs : Greentech Media. [online] Available at: https://www.greentechmedia.com/articles/read/pge-partners-with-bmw-to-test-ev-performance-in-demand-response-programs [Accessed 1 Mar. 2015]. Harbour, M. (2012). Rebooting the Single Market: the top priority for EU growth. European View, 11(1), pp.39-45. Hasnelly, and Sari, H. (2012). Resource Based View: Strategies of the Manager of Green Food Product Industry in Indonesia. Procedia - Social and Behavioral Sciences, 57, pp.346-351. Henard, D. and McFadyen, M. (2012). Resource Dedication and New Product Performance: A Resource-Based View. Journal of Product Innovation Management, 29(2), pp.193-204. Hunt, S. and Davis, D. (2012). Grounding Supply Chain Management in Resource-Advantage Theory: In Defense of a Resource-Based View of the Firm. J Supply Chain Manag, 48(2), pp.14-20. Insead.edu, (2015). Selecting RD Projects at BMW: A Case Study of Adopting Mathematical Programming Models | INSEAD Research. [online] Available at: https://www.insead.edu/facultyresearch/research/details_papers.cfm?id=6891 [Accessed 1 Mar. 2015]. Johnkay.com, (2015). John Kay - The Structure of Strategy (Business Strategy Review 1993). [online] Available at: https://www.johnkay.com/1993/06/01/the-structure-of-strategy-business-strategy-review-1993 [Accessed 1 Mar. 2015]. Jugdev, K. and Mathur, G. (2013). Bridging situated learning theory to the resource based view of project management. International Journal of Managing Projects in Business, 6(4), pp.633-653. Jung, M., Kessler, F., Mller, P. and Wahl, S. (2012). Fahrzeugintegration und Fahrverhalten des BMW Active E. ATZ Automobiltech Z, 114(10), pp.808-812. Jung, M., Merwerth, J., Ueberle, H. and Vogel, F. (2012). Der Elektrische Antrieb Des BMW Active E. MTZ Motortech Z, 73(7-8), pp.602-606. Jung, M., Merwerth, J., Ueberle, H. and Vogel, F. (2012). The Electric Drive of the BMW Active E. MTZ Worldw, 73(7-8), pp.56-61. Kim, B. (2014). Effective supply chain strategy to enhance firm's responsiveness: empirical evidence from the BMW Leipzig plant. IJSOM, 18(1), p.21. koreatimes, (2015). Global marketing strategy of BMW. [online] Available at: https://www.koreatimes.co.kr/www/news/bizfocus/2011/10/335_96718.html [Accessed 1 Mar. 2015]. Kgler, D. and Kragl, R. (2012). Prftechnik zur Entwicklung von Elektromobilitt bei BMW Motorrad. ATZ Automobiltech Z, 114(10), pp.784-788. Loch, C., Pich, M., Terwiesch, C. and Urbschat, M. (2001). Selecting RD projects at BMW: a case study of adopting mathematical programming models. IEEE Transactions on Engineering Management, 48(1), pp.70-80. Madhani, P. (2012). Marketing and supply chain management integration: a resource-based view of competitive advantages. International Journal of Value Chain Management, 6(3), p.216. Madhani, P. (2012). Sales and marketing integration: applying the theoretical lens of the resource-based view. IJECRM, 6(3/4), p.292. Mana, M. (n.d.). Opening the Black Box: Longitudinal Case Study on the Behavior of Board Members at BMW Corporation. SSRN Journal. Masondo, D. (2003). Trade liberalisation and the restructuring of work in post-Apartheid South Africa: A case study of BMW. Society in Transition, 34(2), pp.295-319. Moreno, V., Pinheiro, J. and Joia, L. (2012). Resource-Based View, Knowledge-Based View and the Performance of Software Development Companies. Journal of Global Information Management, 20(4), pp.27-53. Morrissey, A. and Phillips, P. (2007). Biodegradable municipal waste (BMW) management strategy in Ireland: A comparison with some key issues in the BMW strategy being adopted in England. Resources, Conservation and Recycling, 49(4), pp.353-371. Nerys, F. (2009). Culture Clash: A Case Study of Rover and BMW. International Business Research, 1(1). Otubanjo, O. (n.d.). Is Corporate Branding a Strategic Resource that Drives Competitive Advantage? Insights from the Resource Based View (RBV) of the Firm. SSRN Journal. Ou, A., Varriale, L. and Tsui, A. (2012). International Collaboration for Academic Publication: Implications From the Resource-Based View and Transaction Cost Theory. Group Organization Management, 37(4), pp.407-451. Research on Market-based View of Agile Manufacturing: The Mediating Effect of Competitive Priority. (2012). JCIT, 7(17), pp.54-62. Rui, H. and Si, M. (2010). The Representations of Cyclotomic BMW Algebras, II. Algebr Represent Theor, 15(3), pp.551-579. Somsuk, N., Wonglimpiyarat, J. and Laosirihongthong, T. (2012). Technology business incubators and industrial development: resource based view. Industr Mngmnt Data Systems, 112(2), pp.245-267. Success with pleasure: MIR interview with Helmut Meysenburg, Head of Brand Strategies, Market Research and Competition at BMW Group. (2014). GfK Marketing Intelligence Review, 6(1). Tzifakis, N. (2012). Contracting out to private military and security companies: the market for security services. European View, 11(1), pp.125-126. Villiers, C. (2000). Recent case. Commentary: The Rover case (1) the sale of Rover Cars by BMW - the role of the works council. Industrial Law Journal, 29(4), pp.386-394. Yang, X., Ho, E. and Chang, A. (2010). Integrating the resource-based view and transaction cost economics in immigrant business performance. Asia Pac J Manag, 29(3), pp.753-772. Zhu, Y. (2012). An Evolution Study on Family Characteristic of BMW 3 Series Based on Aerodynamics. AMM, 184-185, pp.45-48.

Monday, December 2, 2019

Thailand Essays - , Term Papers, Research Papers

Thailand Thailand, formerly Siam, officially Kingdom of Thailand, kingdom in Southeast Asia, bounded by Myanmar (formerly known as Burma) on the north and west, by Laos on the northeast, by Cambodia and the Gulf of Thailand (Siam) on the southeast, by Malaysia on the south, and by the Andaman Sea and Myanmar on the southwest. The total area of Thailand is 513,115 sq km (198,115 sq mi). Bangkok is the capital and largest city. IILAND AND RESOURCES Thailand lies within the Indochinese Peninsula (see Indochina), except for the southern extremity, which occupies a portion of the Malay Peninsula. The country's extreme dimensions are about 1770 km (about 1100 mi) from north to south and about 800 km (about 500 mi) from east to west. The physiography is highly diversified, but the mountain systems are the predominant feature of the terrain. A series of parallel ranges, with a north-south trend, occupy the northern and western portions of the country. Extreme elevations occur in the westernmost ranges, which extend along the Myanmar frontier and rise to 2595 m (8514 ft) atop Doi Inthanon, the highest point in Thailand. The peninsular area, which is bordered by narrow coastal plains, reaches a high point of 1790 m (5860 ft) atop Khao Luang. Another mountain system projects, in a northern and southern direction, through central Thailand. At its southern extremity, the system assumes an east-west trend and extends to the eastern frontier. Doi Pia Fai (1270 m/4167 ft) is its highest peak. The region to the north and east of this system consists largely of a low, barren plateau, called the Khorat Plateau. Making up about one-third of the country, the plateau is bordered by the Mekong River valley. Between the central and western mountains is a vast alluvial plain traversed by the Chao Phraya, the chief river of Thailand. This central plain, together with the fertile delta formed by the Chao Phraya near Bangkok, is the richest agricultural and most densely populated section of the kingdom. AClimate Thailand has a moist, tropical climate, influenced chiefly by monsoon winds that vary in direction according to the season. From April to October the winds are mainly from the southwest and are moisture laden; during the rest of the year they blow from the northeast. Temperatures are higher, ranging from about 26? to 37? C (about 78? to 98? F), while the country is under the influence of the southwestern winds. During the remainder of the year the range is from about 13? to 33? C (about 56? to 92? F). Temperatures are somewhat higher inland than they are along the coast, except at points of great elevation. Annual rainfall is about 1520 mm (about 60 in) in the northern, western, and central regions, about 2540 mm (about 100 in) or more on the Thai portion of the Malay Peninsula, and about 1270 mm (about 50 in) or less on the Khorat Plateau. Most rain falls in summer (June through October). BNatural Resources. Thailand is rich in natural resources. Among the known mineral deposits are coal, gold, lead, tin, tungsten, manganese, zinc, and precious stones. The rich alluvial soil along the Chao Phraya and other rivers constitutes another important resource. Natural gas deposits were discovered offshore in the 1970s, reducing Thailand's reliance on imported petroleum. CPlants and Animals Jungles and swamps, scattered through the coastal areas of Thailand, have extensive tracts of tropical trees, including mangrove, rattan, ironwood, sappanwood, ebony, and rosewood. The upland areas are also heavily wooded, the most valuable species being teak, agalloch, and oak. In addition, a wide variety of tropical plants and fruit trees, including orchid, gardenia, hibiscus, banana, mango, and coconut, occur in Thailand. Many species of animal inhabit the jungles and forests. Elephants, widely used as beasts of burden, are abundant. Other large animals include the rhinoceros, tiger, leopard, gaur, water buffalo, and gibbon. The Siamese cat is, as its name implies, indigenous to Thailand. Thailand has more than 50 species of snakes, including several poisonous varieties. Crocodiles are numerous, as are various species of fishes and birds. IIIPOPULATION About 75 percent of the inhabitants of Thailand are Thai. The largest minority group consists of the Chinese, who make up about 14 percent of the total population, and most are Thai nationals. Other minority groups include the Malay-speaking Muslims in the south, the hill tribes in the north, and Cambodian (Khmer) and Vietnamese refugees in the east. The population of Thailand is 80 percent rural. APopulation Characteristics The population of Thailand is about 59,450,818 (1997 estimate), yielding an overall population density of

Wednesday, November 27, 2019

Public School Licencing essays

Public School Licencing essays FOR POST SECONDARY EDUCATION INSTITUTIONS The purposes of the rules are: (a) To establish a procedure for the licensing of post secondary education institutions (colleges, universities, correspondence schools offering degrees, etc.) with the exception of the University of Wyoming and the Community Colleges of Wyoming (21-2-102 and 21-2-103) or any post-secondary post secondary education institution possessing current accreditation by a recognized and accepted accrediting agency. (b) To establish minimum standards for post secondary education institutions until accreditation by a recognized and accepted accrediting agency may be achieved. (c) To protect persons enrolled in a course of study in post secondary education These rules are promulgated pursuant to W.S. 21-2-401 and 403 of the Private School Licensing Act, and have been adopted by the Wyoming State Board of Education in accordance with the Wyoming Administrative Procedure Act (W.S. 16-3-101 through 16-3-115). They are effective upon filing with the Secretary of State. These rules govern the operation of all post secondary education institutions not accredited by a recognized and accepted accrediting agency as defined by rules of the Wyoming Department of Education, which are located within the state, or have their principal place of business out of state but do business in the state. These rules do not apply to any parochial, church, or religious school as defined by W.S. 21-4-101(a)(iv), home-based educational programs as defined by W.S. 21-4- BC 101(a)(v), aircraft flight training schools approved and authorized by the Federal Aviation Agency of the United States of America, or a school teaching techniques of outdoor recreation, leadership, ecology, or conservation domiciled in the state of Wyoming. nor do they apply to post secondary Instit accredited by a recognized and accepted accrediting agency ...

Saturday, November 23, 2019

Problemas de viajar fuera de USA con visa U

Problemas de viajar fuera de USA con visa U   Si has aplicado para una visa U para và ­ctimas de crà ­menes,  incluidos algunos casos de  violencia domà ©stica,  Ã‚  o si tu solicitud ha sido aprobada puede que desees viajar fuera de EEUU. Pero,  ¿se puede hacer? La respuesta es que nadie puede impedir que se viaje. Pero es muy aconsejable no hacerlo. La razà ³n es que puede que no puedas regresar a Estados Unidos. Incluso si puedes, tomar su tiempo porque tendrs que ir al consulado y esperar por los trmites correspondientes.   Por estos motivos, si ests en Estados Unidos y has pedido una visa U o si tu aplicacià ³n ha sido aprobada es muy recomendable que sà ³lo viajes   a otro paà ­s si es absolutamente necesario, siendo aconsejable que antes de viajar consultes tu caso con un abogado de inmigracià ³n especialista en este tipo de casos. Como este es un asunto muy serio, en este artà ­culo se explica quà © puede pasar si se viaja fuera de Estados Unidos, tanto mientras se tiene la solicitud de visa pendiente como si ya ha sido aprobada. Quà © se debe hacer si se necesita viajar  y tambià ©n quà © momento es el ideal para viajar.  ¿Quà © puede pasar si se viaja  fuera de Estados Unidos con visa U? Si sà ³lo has aplicado  por la visa U ante el USCIS mediante el envà ­o de la planilla (forma) I-918  pero todavà ­a no tienes respuesta y viajas fuera de Estados Unidos necesitars ir a una embajada o un consulado americano para obtener la visa para regresar. Pero el proceso puede demorarse meses. En estos casos hay que esperar por la decisià ³n del USCIS. y aprueba la solicitud, iniciar la tramitacià ³n del visado. Y eso en el caso de que se apruebe. Si la aplicacià ³n de la visa U ha sido aprobada y viajas despuà ©s de dicha aprobacià ³n al extranjero tambià ©n es necesario ir a una embajada o consulado americano   para poder regresar. Esto es asà ­ porque cuando el USCIS hizo su aprobacià ³n el à ºnico documento que entregà ³ fue un documento conocido como I-797C. Esto es simplemente una Nota de Accià ³n en la que se reconoce el estatus, pero no es una visa. Por lo tanto, hay que obtener una en una oficina consular de los Estados Unidos. Y este proceso puede demorarse meses. Adems, tanto en el caso de que se viaje fuera de EEUU cuando sà ³lo se tiene presentada la aplicacià ³n por la visa U como cuando se tiene aprobada la solicitud se corre un riesgo grande que que al presentarse al consulado la visa no sea aprobada. Las razones pueden ser variadas: Al estar en el extranjero no se ha recibido alguna notificacià ³n importante del USCIS.El gobierno considera que con este viaje se ha abandonado la peticià ³nEl gobierno dicen que al estar fuera se incumple con la obligacià ³n de colaborar con las autoridades, que es un requisito de este visado.Se puede considerar que no se sufre del alegado sufrimiento fà ­sico o psà ­quico que se ha alegado al solicitar la visa.  ¿Puedo viajar si antes de salir de Estados Unidos se solicita un advance parole? Esta opcià ³n sà ³lo es posible si la persona a la que se le ha aprobado la visa U ha pedido un ajuste de estatus mediante el envà ­o de la planilla I-485. Sà ³lo en este caso, y nunca antes, es posible solicitar  el advance parole. En todo caso resaltar que es necesario poder alegar razones vlidas para el viaje. No se trata de que simplemente se quiere ver a la familia, etc. Problemas muy serios a tener siempre en cuenta   Si un inmigrante ha permanecido en Estados Unidos ilegalmente por ms de seis meses seguidos se le va a aplicar el castigo de los tres y los diez aà ±os. Esto hace que sea muy problemtico salir del paà ­s porque puede ser dificilà ­simo volver a entrar hasta que pase el tiempo impuesto en el castigo. Y esto es asà ­ incluso en los casos en los que se viaja con un advance parole en mano y al llegar a las aduanas y fronteras de EEUU no se permite ingresar al paà ­s.  ¿Cundo se puede viajar sin problemas fuera de Estados Unidos? Realmente lo ideal es cuando ya se obtiene la tarjeta de residencia, tambià ©n conocida como green card. La visa U puede transformarse despuà ©s de 4 aà ±os y mediante un ajuste de estatus en una residencia. Una vez que se obtienes ya se puede viajar y regresar a Estados Unidos. Este es un artà ­culo informativo. No es asesorà ­a legal.

Thursday, November 21, 2019

Buyer Behaviour - Analysis of The Ritz Hotel Assignment

Buyer Behaviour - Analysis of The Ritz Hotel - Assignment Example With reference to the Ritz Hotel this paper aims at evaluating how consumer motivation, perceptions, learning and attitude formation could influence purchasing. In order to attract the maximum number of customers, it is important for a business to have the knowledge of how rational consumers will make their decisions on consumptions. Consumers usually have specific desires and preferences that can always be represented by a numerical utility function. In the choices made by consumers, it can always be said that the they intend to solve an optimization problem. The optimization of choice usually has three components, namely: the object of choice, which refer to the specific thing being chosen; the objective function, which refers to the purpose the object is supposed to serve; and the constraints, which basically restrict a consumer’s choice of certain products (Foxall 2004, p. 92). In making choices, consumers are always inhibited by budget constraint. Budget constraint implies that consumers can only consume what they can afford. In relation budget constraint it can be said that the Ritz being a 5-star hotel and having the pricing policies is likely to be unattractive to low income earners. According to the Maslows hierarchy of needs, the choice of a consumer can also be affected by how much the product or service is of importance to their life(Tyagi & Kumar 2004, p. 111) However, Ritz Hotel is likely to be highly favored by user preference. In a situation where a consumer’s choice is not hindered by budget constraint they are likely to choose the services offered by the Ritz Hotel because of the high quality. For example, high minimum bets and entry fee for the casino have not hindered those who can afford it from visiting the casino. The preference will likely be as a result of the completeness and transitivity of the services

Tuesday, November 19, 2019

How has Modern Technology improved Emergency Response Capabilities Assignment

How has Modern Technology improved Emergency Response Capabilities - Assignment Example The software development is focused to develop methods to generate high resolution fused data studies to create three-dimensional product view among other features for correct forecasting to generate accurate weather alerts, which is just one of the various features of the software development (NWS, 2012). Future is full of new possibilities in the fields of technology for emergency communication in the time of disasters. Technology advancements also offer new challenges to apply new innovations in the current Department of Homeland Security (DHS) programs. The ongoing communications programs need to be revised for assimilating future additions of modern technology. Cyber Security & Communications (CS&C) has always played a leading part in the overall security of the nation’s 18 important infrastructure divisions under Homeland Security President Directive-7 (HSPD-7). CS&C is behind all the government communications programs related to priority services such as GETS, which is a White House initiated emergency telecommunications service, offering communications support to all government and non-government missions (DHS News, 2012). Emergency management in the context of interstate collaboration can better help in making a quick response to catastrophic disasters. Such an agreement named the Emergency Management Assistance Compact (EMAC) is based on mutual help in collaboration with other states, facilitating states to take collective action against natural and human disasters, mostly before the availability of federal disaster assistance. Emergency management can be well understood by discussing EMACs call to Hurricanes Katrina and Rita to attend to the critical requirement for evaluation of emergency management at the local level. A studious evaluation of news reports, government papers, and reports from related organizations needs to be conducted to reach at some conclusion on the extent and way of EMACs execution and its conduct at the time of response functions.

Sunday, November 17, 2019

Enron-The Smartest Guys in the Room paper Essay Example for Free

Enron-The Smartest Guys in the Room paper Essay Answer the following questions based on the film Enron: The Smartest Guys in the Room (2005). 1. (a) Describe the ownership structure at Enron. (b) How did the ownership structure contribute to the Enron scandal? (15 points) When Enron became a publicly traded company, the employees and executives had more incentive to manipulate earnings and financials. With the shift in structure, there were more external stakeholders to satisfy, which caused the company to focus on short-term results, rather than long-term interests. The company went as far as to trade all sorts of things, including weather and broadband, in order to gain support from investors. Enron got a lot of that support. Investment banks put about $25 million each into the company. With high stakes and image on the line, Enron manipulated earnings to drive stock prices up through mark-to-market accounting to please its stakeholders. 2.(a) Describe the following three leaders: Ken Lay, Jeff Skilling, and Andy Fastow. (b) How did EACH leader contribute to the scandal? (20 points) Ken Lay was a very ambitious man. He was the son of a poor Baptist preacher. Because of Lay’s humble roots, Lay worked several jobs as a kid. He always dreamed about being a businessman one day and making huge wealth for himself. Lay believed he could have a better life with more wealth. He also believed in government deregulation. Lay had a PhD in economics. He aggressively pushed for deregulation of energy markets in Washington. His goal was to liberate businessmen from government’s hold. He took advantage of government letting energy prices float with the market, and started Enron Corporation through a few mergers. Jeffrey Skilling, former CEO of Enron, was said to be â€Å"incandescently brilliant† by many at Enron. In reality, he was a risky, danger-seeking gambler. Skilling had a Darwinian view and strongly beli eved in the idea of â€Å"survival of the fittest†. He implemented a group called the Performance Review Committee. The committee was involved in the â€Å"rank and yank† system, in which the bottom 15 percent of the company got fired each year. This ultimately led to numerous unethical actions and turning a blind eye to fraud because of employees’ determination for job  security. Skilling was a former nerd, and went on to change himself. He was very admired at Enron. When he got Lasik surgery, everyone else did too. Skilling was responsible for making energy into a tradable entity and for his advocacy of mark-to-market accounting, which was the main tool for Enron’s earnings manipulation. Fastow was a very greedy man. He served as CFO of Enron. He was responsible for running numerous companies that partnered with Enron. He mainly worked to cover up the financial fantasy land that Lay and Skilling had created. He was hired before age 30 by Skilling to join Enron. He always idolized Skilling and wanted to please him. He ended up hiding about $30 billion in debt through his companies. In addition, he skimmed off many of the deals he made, using Enron stocks as collateral. Fastow did not have a strong moral compass, and would play to the greed of the investment banks. He would offer investment banks accounts for their silence. One analyst, John Olsen, star ted to question the firm, and weeks later, was fired by the investment bank because Fastow paid off the bank with big Enron accounts. 3.(a) Describe the organizational culture at Enron. (b) How did the organizational culture contribute to the Enron scandal? (15 points) The culture at Enron was very cut-throat and filled with greed. Money drove the company and its employees. In fact, even the elevators had displays of the stock prices. The company was overtaken by hubris as well. Everyone was on the bandwagon—the accounting firm, investors, executives, and employees. The entire company thought it was changing the world. Everyone was blinded by arrogance, greed, and money. Enron was always portrayed as a super power in the market. It was said that is someone wanted to be part of the market, they had to go through Enron. In addition, many employees, including Skilling, were former nerds and had something to prove. There was a very macho culture at Enron. Skilling would organize dangerous, macho trips for employees and big clients. The stories from these adventures became legend. One man almost died from a flipp ed Jeep. Stories like that were legendary in the office. The culture ultimately led Enron to scandal because of the ideas it had put into people’s heads—that money drove everything and cash was king. 4.(a) Describe the performance management/reward system at Enron. (b) How did the performance   management/reward system contribute to the Enron scandal? (20 points) The reward systems were big. The executives and employees were all fans of the â€Å"pump and dump† system in which the employees drove the stock prices up, and would them sell the stocks off. The company was consumed by stock prices, as stocks were a large part of the compensation structure at Enron. Even the elevators had stock prices posted, so people could be reminded daily that there was more money to be made. The cash bonuses were extravagant too. In fact, a 25-year-old made a $5 million bonus. Executives were given multi million dollar bonuses. In addition, to prevent anyone from raising any flags, Enron played on the greed of the outside accounting firm, Arthur Anderson, as well as law firms. In fact, in 2001, Arthur Anderson got $1 million a week to keep things quiet and go along with everything. The la w firm was paid off handsomely as well. Analysts at investment banks would never really look into things because of greed as well. Because of all the bonuses, outsiders turned a blind eye, as did employees, which ultimately gave way to the scandal that ensued. 5.(a) Describe the regulatory/oversight weaknesses for Enron. (b) How did the regulatory/oversight weaknesses contribute to the Enron scandal? (15 points) Enron sought to take advantage of the low level of government regulation and the hyper capitalism created by the reigning consumer culture of the time. The company was run by a group of intelligent individuals who recognized they could take advantage of the government failure of low regulation. Early on while working for Enron, Lay founded many friends within Congress, including the friendship of George H.W. Bush and George W. Bush. The government helped in pork barrel legislation for the company, granting it even more power. In addition, Bush senior helped secure millions of subsidies for Enron and helped promote Ken Lay as ambassador of deregulation at large. In addition, even energy-specific regulators turned a blind eye. Pat Wood, chair of FERC, was recommended by Lay as chair, and would work with Enron in lack of government in tervention. Even the power plants in California were working with Enron at one point. Enron could call someone at a power plant and cause rolling blackouts in parts of California,  driving energy prices up. With support from the government and very low regulation and intervention, Enron had a clean path to scandal. 6.Describe three (3) specific ways, which are directly related to the above factors, that Enron-like scandals could be prevented in the future. (15 points) 1. Publically-traded companies should have a strong board of directors that oversees the company and does not have investment in the company. Greed drove Enron to do what it did, but a board of directors who has no stake in the company would be more objective and ethical in decision-making for the company. 2. There should be less compensation tied to stock performance, as that was a large incentive for fraud at Enron. People’s earnings were tied too closely to stock. 3. Analysts should be help more responsible for their actions. The investment banks they worked for got sued, but who’s to say the analysts who turned a blind eye ever got punished? They made the banks lots of money, so they probably kept their jobs and got a slap on the wrist. More consequence in the public eye would deter these actions in the future.

Thursday, November 14, 2019

Marks of a leader Essay -- essays papers

Marks of a leader Leadership is the ability to guide, direct, or influence people. A good leader can do all of this while maintaining the approval of the people that he or she is leading. Some people want a leader to take control and others want a leader that is more flexible and will allow them to have a say in what the leader does. Due to this, leadership depends a lot on the people being lead. A good leader needs to know what kind of people they are leading because that should effect how they lead. People do not respond to the same things. For example, my little brother absolutely needs a strict authority figure in order to operate because he will try to take advantage of a more democratic leader. I on the other hand, respond better to the more friendly democratic type of leader because when some one is trying to strictly lead me I get into a rebellious attitude, which hinders my performance, and the ability of my leader to lead. A good leader should show strength and compassion. I cannot even imagine what would happen if an Army General showed even the slightest bit of fear during a battle. The leader needs to hold the group together and keep them strong. A leader needs to do what needs to be done for the welfare of his followers. This is where things get tricky because most of the time the people being lead don’t know what is really the best thing for them. This makes the job of a leader very difficult because they need to decide whether to do...

Tuesday, November 12, 2019

Nike vs Adidas Essay

Nikes business strategy In order to get a grasp of Nike and how its changing the world today with its innovative products, we must first take a glance at the history of the company and how it all began. Bill Bowerman was a nationally respected track and field coach at the University of Oregon and the founding father of Nike. Bill was always seeking to find ways in order to give his athletes a competitive advantage experiencing with track surfaces, energy drinks but most importantly- innovative running shoes. Nikes business strategy is committed to providing athletes around the world with innovative products and committed to serving athletes, rewarding shareholders and being an industry leader in the shoe market in particular. A golden handshake between Bil Bowerman and Phil knight began the era of Nike over 5 decades and what it is today. Nike has adopted a differentiation focus by implementing what Nike call a consumer focused category strategy. Nikes business strategy is committed to providing the most innovative products around the world to athletes and consumers across the globe. Nike carries an arsenal of products that allow the company to continue growth through increased market place capacity and penetration with decisions that involve outsourcing manufacturing to low-cost areas in the world, investing in research and development of innovative products and aggressive marketing strategies that are beyond conventional. Their consumer focused strategy enhances gives them great leveraging ability to deliver great product and elevated consumer experiences which will help grow the NIKE Brand. http://www.nikebiz.com/crreport/content/pdf/documents/en-US/full-report.pdf http://www.nikeresponsibility.com/ http://www.nike.com/nikeihm/about/business.shtml http://nikeinc.com/news/nike-inc-introduces-2015-global-growth-strategy http://www.slideshare.net/joshuasteinberger/adidas-nike-case-study http://nikeinc.com/pages/history-heritage http://prezi.com/kg1omedww1k7/global-strategy-presentation-nike/

Sunday, November 10, 2019

A Historical Exploration Essay

In spite of the long existing disagreement regarding the very term, nature, and scope of modernism, it is still considered as one of the most significant artistic-cultural events of the twentieth century (Poplawski, 2003). This paper will provide a historical overview of early modernism focusing on the ideologies, influences, and a glimpse on works of the renowned modernists – both in literature and the arts – who lived between the periods of 1871-1914. Most importantly, this paper will explore on how early modernism managed to establish itself as a canonical category for artists and academicians alike, based on the critical articulations noted about the period. Early Modernism: 1871-1914 One of the most distinct characteristics of early modernism as a movement is its deliberate separation from the forms, structural designs, and traditions of the ancient times (Ricca, n. d. ). It is also characterized by its emphasis on details which refines the singularities of the artist as an individual. It promotes personal style that is anti-public and it is perceived to be inclined towards external formlessness. In literature, there were three styles that emerged: naturalism, decadent, and expressionism. Naturalism put emphasis on social issues being faced by common people, especially women. The writers of this movement tried to be objective in analyzing the modern society. Ricca (n. d. ) noted that in interpreting these social upheavals, the early modernists tried to explore on different elements such as simplicity, color and geometrical forms. The decadent style, on the other hand, eliminated the concept of materialism and scrutinized scientific revolution. It associated the bourgeois society with mediocrity. One good example of decadent writers is Oscar Wilde who expressed in his writings approaches to modern life. In relation to countering the impacts of capitalism and bourgeois community, expressionism attempted to illustrate new ways of artistic expression. The literary works of Franz Kafka are good examples of expressionism. He put into question the traditional concepts of reality and demonstrated the proofs that an individual in the modern age is being victimized by his environment beyond his control. Saler (1999) noted that aside from the movement’s association with stylistic innovations, early modernism includes a wide range of conceptions regarding nature and the purpose of art. All around the globe, modern art is in the state of constant change. The economic and political upheavals gave the artists the inspiration to seek new means of artistic expression and this resulted to a number of modern art movements. In the field of art, one example that can be noted is Umberto Boccioni’s Unique Forms of Continuity and Space. Boccioni was a well-known Futurist and he rejected the traditional concepts of the past and gave way to the new meanings of art through his artworks. Conclusion Modern art is usually perceived in the view of the modernists’ rejection of the conventional ideas and traditions of the past. Studies have shown that in order to understand well the true purpose of this movement, there is a greater need to look objectively into the social, political and historical influences that inspired early modernists. References: Early Modernism 1871-1914. Retrieved May 3, 2009, from www. class. uidaho. edu/engl210kt/Slides/Modernism%20to%20Postmodernism. ppt. Poplawski, P. (2003). Encyclopedia of Literary Modernism. Westport, CT: Greenwood Press. Ricca, K. (n. d. ) Early Modernism. Retrieved May 3, 2009, from gds. parkland. edu/gds/131online/presentations/EarlyModern. ppt Saler, M. T. (1999). The Avant-Garde in Interwar England: Medieval Modernism and the London Underground. New York: Oxford University Press.

Thursday, November 7, 2019

Psychodynamic Analysis Paper essays

Psychodynamic Analysis Paper essays I fear pieces of Adolph Hitlers psychodynamic personality will forever remain a mystery. While researching Hitlers personal history for this paper, I noted that the psychological community has demonstrated significant interest in Hitlers personality since the late 1930s. Some have linked Hitlers psychopathic tendencies to traumatic childhood events, while others link his behavior to illnesses such as hysteria, paranoia, schizophrenia, and syphilis. The written documents that I researched agreed that Hitler had certain character traits that can easily be regarded as abnormal. Hitler was a feminine boy and small in stature. According to his memoirs in Mein Kampf, Hitler described his father as brutal towards his mother and he apparently disliked him. However, Hitler also revered his father for his strong personality, something which Hitler was not when he was younger. Hitler later overcame his subservient tendencies through the mass killings he perpetrated. These ghastly killings could have been caused in part from a desperate loathing of his own submissive weakness and the humiliations of being beaten by his father, if, in fact, he truly was the recipient of said beatings. Some have suggested that his mother, of whom he was very fond, had received the beatings and he was unable to rescue her from her plight. Hitler was said to have been close to his mother and was devastated by her death. The possibility stands that Hitler became the menace he was through his attempt to emulate his fathers masculine power and to conquer his feminine submissiveness and weakness, which he learned from his mother. In short, Hitler did not become the man he hated and feared; rather he became someone strong enough to conquer his fears. On entering politics, Hitler made a strenuous effort to renounce all that was weak and effeminate in his own personality and to identify himself with a new and ...

Tuesday, November 5, 2019

4 Strategies for Bouncing Back from Rejection

4 Strategies for Bouncing Back from Rejection Rejection sucks. I am still sad about my unsuccessful audition to sing the National Anthem at a Mets game, and that cattle call try-out was four years ago! Fortunately, it didnt dissuade me from pursuing a professional music career; being a music major did that much earlier. But when it comes to applying and interviewing for office jobs, its been much more important for me to weather the blow to my ego and keep moving forward.Here are some tips to help you be more resilient as you wade into the unforgiving waters of the job market.1. Know the OddsEvery corporate job may receive anywhere from 100 to 250 applications, and possibly more if its an in-demand position or industry. When The Toast put out a call for a new editorial assistant, they received 750 applications in 12 hours. Big companies use filtering software to look for keywords; smaller ones uses HR managers with quick instincts for a good fit vs a poor one. So remember that while your odds are just one in many.Manage your exp ectations up front, and youll find the disappointment is proportionally much less than when you imagine you have been personally rejected (instead of ruled out through arbitrary classifications like not using synergy enough in your cover letter) (I am kidding. Never use synergy.)2. Dont Fall In LoveWhile initially this may seem as harsh as dont cry out loud, it follows the theme of managing expectations. Even if this is your dream job or you received an immediate response from the hiring manager after you submitted your application, or the interview felt like walking into the Cheers bar and you were Norm, dont start imagining yourself getting comfortable in a future hypothetical office- keep a cool head. Youll need it when its time to talk salary and benefits.3. Ask for FeedbackThis one can be dicey, because often recruiters or hiring managers wont have time to provide this. But if you had a good interview that didnt pan out into a job, you can feel comfortable responding to a rejec tion email with a polite thank you (for their time) and then asking for feedback on your candidacy or why they chose someone else.The graciousness of this step cannot be exaggerated- this semester, I interviewed for a teaching job but was told that class had been filled, only to have the department director email me again two days later to say a different (better!) class had opened up. If I had replied to the initial rejection with anything but, Thanks so much for the opportunity, I hope youll keep me in mind for future classes and I look forward to the chance to work together in the future, I might not have received the later offer.4. You Dont Get the Job, the Job Gets YouMy favorite way to make this mental flip is to think about the office culture in existence. Imagine that youre a current employee faced with the prospect of a new hire like yourself. What do you bring to the table, besides your experience? You want to work in a place that appreciates all of those things- for the r ight job, you will be the candidate with the best experience, best attitude, and brightest potential. If they dont think youre that person, why would you want to work there anyway.

Sunday, November 3, 2019

Tourism and the environment Essay Example | Topics and Well Written Essays - 2000 words

Tourism and the environment - Essay Example The relationship between environment tourism on climate change means how the environment and tourism are both interrelated and interdependent. The changes that are brought by climate change affect both tourism and environment. Tourism provides a link between economic development and the environment. Tourism being an industry earns or generates income. This income can be converted to protect and conserve scenic and biologically valuable areas. It can further generate visitor payback into the management of these areas thus economic fragile communities.The success of tourism depend on environment. When the environment deteriorates due to climate change tourism also decline. Overtime the relationship between environment and tourism has developed. Tourism industry impacts environment both negatively and positively. The environment is impacted negatively by the release of untreated liquid waste from the activities of hotels and restaurants. Further air and noise emissions produced from tourism industry impact the environment. The noise is generated from the coastal constructions which are used to host tourists. Once these constructions are on dust is emitted which eventually settles on coastal waters affecting the marine environment. However, tourism industry as well contributes to the environment positively. The development of appropriate and new technologies has been a result of tourism-environment interaction. For instance beaches and hotels have to develop new technology of hygiene so as to meet the internationally accepted environmental standards. Further revenues and taxes derived from tourist related activities provide for the preservation and protection of natural resources like forests. Tourism can sometimes provide impetus for the conservation of natural resources. For example the development of Graeme bird sanctuary in Barbados. 6 Nature heritage tourism contributes to the conservation of natural resources and promotes socio-economic advancement of local communities. This may drive a sense of ownership and empowerment among the nationals.7 Therefore tourism and environment play a key role in the development and growth of a nation. In the recent years tourism has become the main industry that earns large income to those nations that maintain this industry. It also contributes to the maintenance of our environment. However, tourism and environment can only contribute to sustainability if all measures are taken to curb climate change which negatively impacts the two. Section 2: Background Information Global climate change is probably the most severe threat to our environment and tourism industry. In particular tourism is the largest

Friday, November 1, 2019

Cmplaint letter Essay Example | Topics and Well Written Essays - 250 words

Cmplaint letter - Essay Example I then went to my home country to start my process of applying for a graduate school scholarship from the government. In addition, my application to be a non-business degree student in Business school for one semester was approved. Moreover, I was planning to start my GMAT course as full student in Bridge English center as I waited for my official transcript and completion letter to get the scholarship considering the fact that my non-degree course as well as my GMAT course would be catered for. On 11 August 2010, I checked smart system and to my surprise , I learnt that I got an â€Å" I † in Organizational Design, MGMT 4370. This was because my instructor had no grade recorded for the three case studies. However, I had done all the three case studies, two of which she marked and gave back to me. In fact, I have them with me. As for the third case study, we were supposed to have completed and handed it in on the last day of the class, which I did. Unfortunately, I did not make my own copy – I just printed it and handed it in. Attached are all emails, the two case studies that she marked and the transcript. I am aware that she changed the grade later, but she did it so late that I lost the aforementioned opportunities. I now cannot get acceptance in graduate school next spring, owing to a fault that I never committed. I am extremely disappointed! I would greatly appreciate if you would kindly address this

Wednesday, October 30, 2019

Does Punishment Deter Crime Essay Example | Topics and Well Written Essays - 1250 words

Does Punishment Deter Crime - Essay Example ed as a justified step to make the criminal realize his act of omission and offense that is committed and also as an attempt to give justice to the person or people against whom it has been committed. The changing paradigms of the emerging new pluralistic society have necessitated the need to study the wider implications of punishment for the various types of crimes that are becoming a regular feature of the American society. The punishments which were supposed to serve as examples for others to refrain from crimes are increasingly becoming ineffectual. Hence, in the recent times, crime and punishment have become the most controversial issues and crucial public policy questions, especially in America. Punishment for crimes has primarily been implemented for four major reasons: retribution; deterrence; rehabilitation; and social protection. These four factors are significant motivators for effectively combating crimes against the society and serve as vital public policy decisions while disbursing justice. Criminal justice has seen tremendous changes in the level of punishment and politicians, academicians and social scientists have vastly differed in the use or misuse of the official machinery and the justice system that decides and awards the punishment. The one most vital point that has come through the various public debates is the long term sustainability of the wider objectives of the punishment; whether the punishment has served as effective deterrent? Retribution refers to the concept that the criminal deserves punishment. The adage ‘tit for tat’ or ‘eye for an eye’ becomes the main objective of the punishment. Crime has been committed and therefore the criminal must be paid back in the same manner or something which is as bad as his crime. In the modern times and in the civilized society, this act of vengeance is neither considered to be morally right or just because it would bring our action at par with that of criminal. Hence, our actions need to

Sunday, October 27, 2019

Research Methodology into Ratio Analysis of HSBC Bank

Research Methodology into Ratio Analysis of HSBC Bank In this project my aim is to analysis the Ratio Analysis to find financial position of the HSBC bank by using the financial tools and also to know the functions of Internet Banking System in HSBC Bank. This study based on financial statement such as Ratio analysis and financial performance. This project helps to identify and give suggestion the area of weaker position of business transaction in HSBC. This study is made to evaluate the Ratio analysis as per trend analysis. Here I have given the Title, Aim, Objectives of the project, Introduction and background of the company chosen. It also gives the summary regarding the literature review, methodology using for the research, data collection methods and data analyzing procedures. Introduction: Finance is very essential for every business to run successfully. To run the business every organization will need financial support. In our present economy finance is defined as the provision of money at the time when it is required. Every enterprise whether big or small needs finance to carry on its target. In fact finance is so indispensable today. It can be said as blood of an enterprise. Without adequate finance no enterprise can possible accomplish its objectives. In the early years of its evolution it was treated synonymously with the rising of funds. In the current literature pertaining to financial management a broader scope so as to include in addition to procurement of funds efficient use of resources is universally recognized. Nowadays internet is widely used by all sectors of people. Today bank has introduced various facilities through internet. E-Banking is a revolution that changes the banking system around the world. E-Banking is more comfortable for the customers and bank. Title: Critically analyzing the ratios of HSBC bank to study the financial performance of bank during 2010-2011 and also study the functions of internet banking system in HSBC bank. Aim: To study the financial performance of HSBC bank by analyzing the financial ratios from the past five years financial data and also study the role of internet banking system in HSBC bank. Objective of the study: To analyze and evaluate the financial performance of HSBC Bank To study the growth of HSBC in terms of comparative analysis and trend analysis of financial statements for the past five years, from 2006 to 2010. To study the roles of Internet Banking in HSBC To review the benefits of internet banking to customer and bank To make suggestions recommendations for improving the financial position Rationale: Personal Rationale: As I am a finance student, am very much interested in doing the ratio analysis of the company because of that we can able to know the financial performance of any company. I am very eager to know the financial status of the HSBC bank always. Because this bank is globalized bank, it is in every part of the world. Now it has introduced the lot of facility in Internet banking that benefits the customers. I have the relationship with the bank for the past five years. So, I personally interest in doing with HSBC Bank financial performance and internet banking sector. Organizational Rationale: As it is bank, we have wide range of information available in website, articles, journals, magazines and newspapers. HSBC employees are very friendly to their customers. They are always ready to explain their roles of internet banking system. For the financial data, we will able to get the financial statement from their website so there is no lack of information availability. Policy Rationale: The system and the procedures followed by the HSBC bank is also one of my interests to choose the HSBC bank. This bank follows the banking rules and regulations given by the government and fair trade practice. Thats make the customer safety banking. In internet banking system, there are many options for doing the transaction easily and safely. Academic Rationale: There are more resources available for doing this work. There are many financial books available to elaborate the ratio analysis. We have studied in deep about the ratio analysis and Internet banking system. IMPORTANCE OF THIS STUDY The subject matter of financial management is of immense interest for every financial analyzer. It needs special attention because of the complexities involve in managing cash in present day banking function. The important aspect is the estimation of how much of finance. The business organization requires and for what purpose. The most important area of financial management is the working capital management. Here the study tries to reveal the banks position and performance by evaluating the relationship between various components parts of financial statements. Ration analysis has been taken as a tool in assessing the performance of the company in respect of the following aspects. Liquidity Position .Long-term solvency. Profitability. Activity. This study helps to know the usage and the benefits of internet banking system This study helps to study the functions of internet banking in UK HSBC bank Literature Review: 1 RATIO ANALYSIS Ratio analysis is one of the techniques of financial analysis where ratios are used as a yardstick for evaluating the relationship between component parts of financial statements to obtain a better understanding of the firms position and performance. It is used as tool by the company or individual to analysis the quantitative performance of the company financial statement. Meaning Ratio is relationships expressed in mathematical terms between figures which are connected with each other in some manner. Ratio will be calculated from current year figures and it is compared with previous year in order to know the financial performance of the company. It is defined as the systematic use of ratio to interpret the financial statements so that the strengths and weaknesses of a firm as well as its historical performance and current financial condition can be determined. The importance of ratio analysis relies in the fact that it presents facts on a comparative basis Conclusions can be drawn regarding the liquidity position of a firm. It is useful for assessing the long-term financial viability of a firm. It throws light on the degree of efficiency in the management and utilization of its assets. It helps in inter-firm comparison and also with industry averages. Liquidity Ratios: It is the ratio which is used to determine the companys capacity to pay its short- period debt obligations. If the value of the ratio is high, then the margin of safety will become high so that the company able to cover its short term debts. Liquidity ratio includes Current ratio, Quick/Acid ratio and Operating cash flow ratio. Current Ratio It is a quantitative relationship between current assets and current liabilities and indicates and enterprises ability to meet the current obligation. Current assets refer to liquid resources and must be sufficient enough to pay current liabilities when they mature. A relatively high current ratio is an Indication that the firm has ability to pay its current obligations in time as and on the other hand a relatively low current ratio represents that the firm shall not be able to pay its current liabilities in time without facing difficulties. An increase in the current ratio represents improvement in the liquidity position of a firm while a decrease in the current ratio indicates that there has been deterioration in the liquid assets of the firm. The ratio equal to the rule of thumb is 2:1. Quick/Acid Test Ratio: The ratio is ascertained by companys liquid assets and current liabilities. Here liquid assets are those assets which are immediately convertible in to cash without much loss. It is also known as liquidity ratio. It shows the ability of the enterprise to meet its short term obligation without sale and collection of inventories. LeverageRatios: It is the ratio which is used to calculate the financial leverage of the company inorder to know the methods of financing using by the company and to measure the ability of the company to meet its financial obligations. Debt-equity Ratio This ratio indicates the relative proportions of debt and equity in financing the assets of a firm. One approach is to express the debt-equity ratio in terms of the relative proportion of long-term debt and shareholders equity. The debt considered here is exclusive of current liabilities. It is an important tool of financial analysis to appraise the financial structure of a firm. A high ratio shows a large share of financing by the creditors of the firm, a low ratio implies a smaller claim of creditors. Interest Coverage Ratio : These ratios are computed from information available in the profit and loss account. It is also known as time-interest earned ratio. This ratio measures the debt servicing capacity of a firm insofar as fixed interest on long-term loan is concerned. It is determined by dividing the operating profits or earnings before interest and taxes (EBIT) by the fixed interest charges on loans. Proprietary Ratio: This ratio indicates whether the firm is employing a reasonable proportion of debt or if heavily loaded with debt in which case its solvency is exposed to serious strain. This ratio relates the owners/proprietors funds with total assets. The ratio indicates the proportion of total assets financed by owners. PROFITABILITY RATIOS: This ratio helps to access the ability of business in order to generate the earnings of the business by comparing the expenses and relevant costs during the specific period of time. Net profit Ratio: This measures the relationship between net profits and sales of a firm. Depending on the concept of net profit employed. A high net profit margin would ensure adequate return as well as enable a firm to with stand adverse economic conditions when selling price is declining cost of production is rising and demand for the product is failing. A low net profit merging would have the opposite implications. Return on Assets: Thus profitability ratio is measured in terms of this relationship between net profit and assets. This may also be called profit-to-asset ratio. The concept of net profit may be net profits after taxes net profits after taxes plus interest and net profits after taxes plus interest minus tax savings. Assets may be defined as total assets fixed assets and tangible assets. Return on capital Employed: The term capital employed refers to long-term funds supplied by the creditors and owners of the firm. Here the profits are related to the total capital employed. It can be computed as The capital employed provides a test of profitability related to the sources of long-term funds. The higher the ratio the more efficient is the use of capital employed. A comparison of this ratio with similar firms with the industry average and over time would provide sufficient insight into how efficiently the long-term funds of owners and creditors are being used. Debtor turnover ratio: Debtor turnover ratio indicates the number of times the debtors are turned over during the year. Generally if the value of debtor turnover is high, then there is more efficient in the management of debts and sales. OTHER RATIOS Fixed Assets Ratio This ratio relates the net assets and the long-term funds. Here the ratio should be high. That is the handling of fixed asset should be greater than the long-term funds at an appropriate level. E-Banking: Electronic banking system is the system that allows the individual to do the banking activities by sitting in one place. Electronic funds transfer means doing the financial transactions electronically. This is used for the number of different activities like electronic payments and card transactions where the holder makes payment by using their credit or debit cards.[Brain Dixon and Mary Dixon 2006] Internet banking is also called as online banking, it is an outgrowth of PC banking. Internet banking uses the internet as the delivery channel for conducting banking activity, it is used for the purpose of transferring funds, paying bills, helps to checking and saving account balances, paying mortgages and also help to purchase financial instruments.[Benton E Gup 2005] According to Richard H Baker, advancement in technology helps to develop the system of internet banking. According to industry analysts, internet banking provides many facilitiies Able to access the banking at any time World wide connectivity Very easy to access the information by transacting data Direct customer control of international movement of funds without intermediation of financial institutions in customers jurisdiction According to the report of Global Market for Internet Banking, more than 172 banks in Europe are running the internet banking system and they are very successful in running online banking. RESEARCH METHODOLOGY RESEARCH Research is a process in which the researcher wishes to find out the end result for a given problem and thus the solution helps in future course of action. The research has been defined as A careful investigation or enquiry especially through search for new facts in branch of knowledge RESEARCH DESIGN Redman and Mory (1923) defined research as a systematic effort to gain new knowledge According to Clifford Woody research comprises defining or redefining problems, formulating hypothesis or giving solutions, collecting, organizing, evaluating the data, making deductions and reaching conclusions and at carefully testing the conclusion to determine whether they fit the formulating hypothesis The research design used in this project is Analytical in nature the procedure using, which researcher has to use facts or information already available, and analyze these to make a critical evaluation of the performance. With particular reference to working capital management, for the prosecution of the study, both the primary and secondary data. DATA COLLECTION METHOD: Primary Data: Primary data is the information collected by the researcher in first hand. This data is collected by the researcher inorder to analysis the research. Primary data is collected from the field organization selected that is from the employees, customers and observing the real life situations. The main benefit of the primary data is collected only for the specific study so it is more relevant to the study. But there is disadvantage for the collection of primary data it involves more cost and time. It is not suitable for short term study. Primary data for this proposal will be collected from the employees and customers of HSBC bank inorder to know how they run the internet banking system and the functions and benefits of internet banking system in HSBC bank. Primary research may be quantitative and qualitative research. Qualitative research is the method where the researcher set the questionnaire which will give to large number of respondents (Hair, Wolfinbarger, Ortinau, and Bush, 2008, p81). Based on the responses the data will be analysed. In this study, questionnaire will be given to the customers and employees of HSBC bank to analyse the data regarding the functions of Internet Banking. Secondary Data Secondary data is the information which is collected already and it is used for some other studies by different researcher. This data not only used for the current study. The sources of secondary data are books, journals, articles, newspapers, internet, government, corporate reports and library. The advantage of this data it is easily available and also very cheap compared to primary data. In this study we are using secondary data for the analyses of ratio in order to know the financial performance of HSBC bank. From the annual reports maintained by the company. Data are collected from the companys website. Books and journals pertaining to the topic. Research Approach: There are two types of research approaches Inductive and Deductive approaches. Inductive approach is the approach that starts with specific objectives and become generalized. It begins by identifying the issue by observation or being informed. Deductive approach is the approaches where the conclusions derived from the situation. It begins with general situation and ends by identifying the specific issue. Arguments based on the rules, laws and regulation will be using deductive approaches and the argument based on the observations will be using the inductive approaches. SAMPLING PROGRESS Sampling: It is the process of choosing small number of people for doing the research from the large population. That sample group will be tested, analyzed by assuming that sample group represents the entire group (Crouch, S. and Housden, M., 1996, p116). Sampling Unit In this research the target populations are the customers of HSBC Bank Alperton Branch. The sizes of the sampling will be 100 customers. Sampling type will be random choosen among the large population group. From the total sample size the study will be done for the 10 customers and 5 employees of HSBC bank. Ethnography procedure will be used for analyzing the data based on the data collection method. In this method it takes account of words, context and non-verbals. STATISTICAL TOOLS Tool for Data Collection Questionnaire will be used as a tool for data collection as it provides the advantages of allowing the respondents to answer at their convenience and faster data collection. The questionnaire explicitly stated the purpose of study as academic and assured confidentiality of information solicited from the respondent. Percentage method This method is used in making comparison between two are more series of data. Percentages are used to describe relationship. Percentages can also be used to compare the relative terms, the distribution of two or more series of data. The data collected through questionnaire response method was analyzed in the following manner: Raw data will be coded and tabulated and the tabulated data will be converted into percentages, to show the percentage of opinion among respondents. Percentage analysis thus involves the simple interpretation / analysis of the various items taken up in the questionnaire on a percentage basis from the data collected. Interpretations of the graphs also include mean scores obtained by the organization on every aspect / item as calculated. Number of respondent Percentage of Respondents =  ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­___________________________________ * 100 Total number of people questioned Weighted average method Weighted average method is defined as an average whose component items are multiplied by certain value (weights) and the aggregate of the products are divided by the total of weights In the Weighted Average Method, the weighted average can be calculated by the following formula K XW = ÃŽÂ µ WX/ ÃŽÂ µX Here XW represents the weighted average X1, X 2, X3à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.Xn represents the value for variable values W1, W2, W3 à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Wn represents the weight age given to the variable. Steps:- Multiply the weights(W) by the variables(X) to obtain WX Add all WX to obtain ÃŽÂ µWX Divide ÃŽÂ µWX by sum of the weights (ÃŽÂ µX) to get weighted average. Correlation: Correlation is the techniques of determining the degree of correlation between two variables in case of ordinal data where ranks are given to the different values of the variables. Spearmans coefficient of correlation (or) 1 6 à ¢Ã‹â€ Ã¢â‚¬Ëœdi  ² r = _____________ n (n ² 1) TOOLS OF ANALYSIS Ratio Analysis. Comparative Balance Sheet. Trend Analysis Conclusion: This dissertation proposal starts with the introduction of finance, and helps to know the importance of finance for banking sector. The researcher will work towards the financial ratios of HSBC bank from the sources of annual reports, financial statements like balance sheet in orer to know the financial position of HSBC bank and analyze the role of internet banking in HSBC by getting the data from the bank customer and employees.