Market rate of return Assignment Example | Topics and Well Written Essays - 750 words

Market pace of return - Assignment Example On the off chance that it is seen that the profits are reliably underneath the SML line, it will imply that the stock is required to rise, while on the off chance that the profits are believed to be reliably over the line, at that point it will imply that the stock is expected for a drop. Charting the SML for a specific stock requires a stock with a beta that is higher than 1 and this typically beats the market, while a beta that is under 1 infers that it fails to meet expectations the market (Shanken, 56). The y-block of the SML is equivalent to chance free rate. The SML slant is equivalent to advertise chance premium and it normally mirrors the arrival exchange of a given time. Beta is named as non-diversifiable or deliberate hazard. Basing on the produced relapse line the condition made is=8.375x-0.166 Going by beta qualities, the security showcase line demonstrates that the connection among return and hazard is straight for the individual protections. For example, expanded return = expanded hazard. Basically it demonstrates what return somebody needs to gain on a speculation for it to merit taking, and this apparently increases with the venture peril. The Security Market Line equation is as beneath: Required Return = Risk Free Rate + (Beta x [Market Return - Risk Free Rate]) Calculate 95% certainty stretches for the incline and y-block. Rundown OUTPUT Regression Statistics Multiple R 0.997314 R Square 0.994636 Adjusted R Square 0.992848 Standard Error 0.005276 Observations 5 ANOVA Â df SS MS F Significance F Regression 1 0.015486 556.2975 0.000167 Residual 3 8.35E-05 2.78E-05 Total 4 0.01557 Â Coefficients Standard Error t Stat P-esteem Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 0.020428 0.004799 4.256403 0.023776 0.005154 0.035702 0.005154 0.035702 X Variable 1 0.118761 0.005035 23.58596 0.000167 0.102737 0.134786 0.102737 0.134786 RESIDUAL OUTPUT Observation Predicted Y Residuals 1 0.04418 0.00582 2 0.079809 - 0.00481 3 0.109499 - 0.0045 4 0 .162942 0.002058 5 0.19857 0.00143 Look up the current profit for one-year Treasury charges/notes as your hazard free rate. Two great sources. In your report, it would be ideal if you express your source and the date utilized. http://fxtrade.oanda.com/examination/financial markers/US/rates/yield-bend Date utilized; November 29, 2013 My hazard free rate is 0.05 Given the current hazard free rate, is the relapse gauge of your hazard free rate coordinate the genuine current hazard free rate? Use certainty stretches to help answer this inquiry. Basing on the certainty span computation over, the relapse gauge of my hazard free rate doesn't coordinate the real current hazard free rate since it falls outside the stretch or scope of 0.10273 and 0.13478 What is the current expected market pace of return (in view of your relapse)? Basing on my relapse, the current expected market pace of return is as underneath; Using the condition created from the relapse; Y=8.375x-0.166 The current expected market pace of return is equivalent to X Therefore X=(y+0.166)/8.375 But we are given Y which is 0.05. The X will presently be (0.05+0.166)/8.375=0.02579 Therefore, the current expected market pace of return is 0.02579 Works Cited Shanken, J.On the Estimation of Beta-Pricing Models,Review of Financial Studies, 5(1), 1{33,1992. Print Shanken, J.,and G.

Group Management Essay Example | Topics and Well Written Essays - 1250 words

Gathering Management - Essay Example Since, bunch sythesis is an autonomous factor and associations picked bunches arbitrarily, regularly there are clashes among these gatherings. Numerous administration bunches have refered to that these contentions happen on the grounds that individuals working in these gatherings have various thought processes, characters, recognitions and inspirations. This hypothesis has been proclaimed from the way that no two individuals are similar and each human psyche is not quite the same as other. In this article, we will inspect this case by taking a gander at how various characters, recognition and inspirations can influence bunch working. Allows first gander at the job of discernment and how can it influence a person's conduct in a gathering. Recognition can be characterized as a procedure by which people sort out and decipher their tangible impressions so as to offer importance to their condition. There are numerous speculations that disclose to us how are observation functions and influences our conduct in a gathering. As indicated by attribution hypothesis, our impression of individuals contrasts from our view of lifeless things. We judge individuals by their activities and by deciding the underlying driver of their activities. The hypothesis expect that individuals imagine that activities are caused either inside or remotely, contingent upon consistency, uniqueness and agreement of these activities. This attribution hypothesis influences an individual's conduct in a gathering. For instance, he may see that individuals in his gathering are lethargic in light of the fact that they have dropped a gathering. This prob ably won't be the situation in light of the fact that there may be some significant crisis that have constrained them to drop a gathering. Along these lines, this prompts a crucial attribution mistake and influences an individual's gathering conduct. His activities towards them may become as though they are languid and doesn't care for work. In any case, if an individual thinks about that they have dropped a gathering because of some outer factor, his conduct will be unique. This is the manner by which recognition assumes a significant job in the conduct of an individual while working in a gathering. Thus, central attribution mistake will likewise happen when individual will connect the gathering's prosperity because of his own endeavors, while he will consider that disappointments have happened on account of other gathering individuals. This will make him act unfairly to other gathering individuals and he may become impolite which will influence the conduct of the whole gathering. As talked about above, Halo impact may likewise influence an individual's conduct in bunch working. On the off chance that somebody in the gathering has accomplished something incorrectly and he generally get the stick for that things and not the acclaim for such a significant number of fantastic commitments he had made for the gathering. For this situation, individual's conduct in a gathering will be negative since he will consistently feel that regardless of whatever he does he will consistently be associated with one mistake(s) he made. Correspondingly, individuals likewise use alternate ways in mak ing a decision about others and particular observation is the prime case of this. In the event that somebody has accomplished something incorrectly, at that point he won't be given a significant assignment once more, as individuals will see that he will again destroy it. This is the manner by which individuals' conduct may get influenced in bunch work on the grounds that one-sided impression of others. So also, numerous recognitions about individuals' conduct in a gathering are made by differentiate influence, projection and generalizing. In the event that there are two in number individuals in a gathering, at that point it will be seen that the third part will be a more fragile part. Be that as it may, this may not be valid as

Biography of Thomas Jefferson Essay example -- Essays Papers Bio Presi

Account of Thomas Jefferson Third President of the United States of America. Thomas Jefferson (1743-1826) was the third leader of the United States and a maker of the Declaration of Independence. Thomas Jefferson was a rationalist, government official, researcher, planner, innovator, performer, and author. Thomas Jefferson was likewise probably the most astute pioneer ever. His dad was named Peter Jefferson, a rich Farmer from Virginia. Thomas' Mother, Jane Randolph Jefferson, was a piece of the Randolph family. The Randolph Family was a major piece of Virginia history, and furthermore exceptionally rich too. Subside and Jane Jefferson moved to Goochland area, since Peter had quite recently gotten 400 sections of land of land there. Thomas Jefferson was conceived in the log lodge in which the family lived. Thomas Jefferson was the third youngster out of four sibling and six sisters. Two years after Thomas was conceived, William Randolph, a cousin of Mrs. Jefferson and a dear companion of the family, kicked the bucket. His will mentioned that Peter Jefferson move to his home, deal with the house and land, and ensure Randolph's four youngsters get taught. The Jefferson?s stayed at Randolph's bequest for a long time. The domain was called Shadwell. Thomas Jefferson was an incredible minimal shrewd kid. At age nine, Thomas Jefferson Started Latin, Greek, and French Studies at a live-in school. Thomas got a kick out of the chance to Pony back ride, Canoe, Hunt, and fish. At the point when Thomas was fourteen years of age, his dad died. Thomas Jefferson was the most established child, so Thomas needed to deal with the family. Jefferson was a tall, thin kid with sandy ruddy hair and light complexion that freckled and burned from the sun without any problem. A genuine understudy, Thomas likewise delighted in the lighter parts of the instruction of a Virginia noble man. Jefferson figured out how to move and play the violin. Ends of the week and occasions Thomas spent either at Shadwell engaging visitors or at his companions' estates. Following two years at William and Mary (A College in Virginia?s capital city), Jefferson left to examine law. Thomas despite everything contemplated French, Italian, and English history and writing. In 1767, Jefferson was picked to the act of law in Virginia. Jefferson's fundamental wellspring of salary was his property. That?s in light of the fact that most legal advisors didn?t bring in enough cash in those days. On New Year's Day, 1772, Jefferson wedded Martha Wayles Skelton, a 24-year-old widow. Patty... ...cts. I can't compose volumes on a solitary sheet, Adams composed mournfully, yet these letters of yours require volumes from me. Jefferson and his companion Adams, both of whom had played such incredible parts in the winning of autonomy, kicked the bucket on Independence Day, July 4, 1826. Jefferson left point by point guidelines for his entombment in the memorial park of his bequest. A straightforward landmark was to check his resting place. Thomas Jefferson indicated that the landmark was to be made of coarse stone so that nobody may be enticed from now on to demolish it for the estimation of the materials. Thomas Jefferson composed his own tribute: Here was covered Thomas Jefferson Creator of the Declaration of American Independence Of the Statute of Virginia for Religious Opportunity And Father of the University of Virginia These accomplishments were to be recorded on the landmark, and not a word more ... since by these, as tributes that I have lived, I want most to be recalled. Jefferson's desires were completed, yet vandals later upset and broke the stone. A cautious propagation currently denotes Jefferson's grave. Sources: Microsoft Encarta http://encarta.msn.com/ www.whitehouse.gov

The Pay for Powerpoint Presentations Trap

The Pay for Powerpoint Presentations Trap Pay for Powerpoint Presentations - Dead or Alive? When watching a slideshow, people are inclined to stick to the actions of the folks in the images on the monitor. Any slide that has big parts of text will most inclined to be ignored by the viewers. It's possible to edit the size, color, and contour of objects along with replace images by merely dragging and dropping. There are plenty of charts, icons, and color choices to pick from. If you want to utilize your company's corporate design, simply copy the slides into an existent company presentation and put on the design to the slide. Your design could have a lot more kinds of slides based on the needs of the design brief. When you must create a presentation deck a lot of the time ought to be used in your content and message. Features 75 unique slides, completely free icons, and a variety of color choices. Whatever They Told You About Pay for Powerpoint Presentations Is Dead Wrong...And Here's Why The objective of your images is to strengthen the aim of your presentation. A good template can go quite a distance to meeting your presentation objectives. The key is going to be to enable individuals to create presentations simpler and faster. Use this to your benefit. Ideas, Formulas and Shortcuts for Pay for Powerpoint Presentations The principal rule when composing the large part of your PPT is focusing on the essential ideas only. A comprehensive overha ul of a presentation requires far more time and energy. If you get a slideshow from us, you will observe how much attention we pay to writing a suitable conclusion. The intention of the words and images on each and every slide is to assist the audience put your ideas in context. Each time you improve yourself as an item, you'll also be boosting your career. Each time you become more creative, you'll also be boosting your career. Each time you learn something new, you'll also be boosting your career. Common Every single time you design something beautiful, you'll also be boosting your career. Layers are well organized and simple to customize. You'll see that a menu of Master Slides on the left has several varieties of templates for you to select from. Utilize PowerPoint Slide Masters to guarantee consistency. You are able to search the gallery for particular content, for instance, a Marketing Plan PowerPoint Template. Demonstration virality comes out of the essence of the item. The Maya Business Template is a useful tool that dazzles audiences with its clean and tasteful design. Making Money with LinkedIn Marketing and advertising LinkedIn can also be employed as a platform to earn money. LinkedIn is the perfect platform for content advertising. LinkedIn has some remarkable tools that may help boost sales for businesses. For them, LinkedIn is the ideal platform to create leads and land new clients Which is the reason why it is for marketers the same as you. Here's What I Know About Pay for Powerpoint Presentations Although testing for monetizability as a portion of the innovation method is perfectly fine, i.e. are customers ready to pay, early concentrate on revenue should not be among the targets. If you've got a really wonderful notion, you can discover that companies are read y to pay for it even before you've completed any work on it. Because it determines what market you might want to go into dependent on the size, or where you might want to put money into the future for development. Concentrate on your intended market Its target market is quite important to concentrate on because it's the individuals who will market your opportunity. Apart from making the product readily available in several languages, Prezi deliberately avoids localizing its software for a particular geography in order to prevent distraction that would be brought on by the need to keep locally-relevant capabilities. Be creative and unique If you're distinctive and genuine article writing service then you'll pay for you. The kind of composing you need in addition to the design of your prospective author should be quite natural with your own design in order in order for it to perform and meet your requirements. You can concentrate on your message, while our designers concentrate on generating the templates most fit for the scenario you want. With VoIP, you're able to greatly lower your household telephone expenses, and still enjoy crystal clear calls to local, long distance and worldwide capabilities. How to find out how much your time is worth as a business can be unbelievably hard. Each presentation has a use case indication, making it simple to comprehend when and how it is possible to make the most of it. It's the vital presentation when seeking to begin a business.

The Importance Of The Purpose Of The Constitution

Section A: General Understanding of the Purpose of the Constitution The Constitution had many important purposes and ideas. One of those ideas was establishing justice: the act of the government creating fair laws, establishing freedom, liberty, and equality. It is very evident throughout the Constitution that this goal has been met. For example, Full Faith and Credit explains that states cannot discriminate against other citizens. The Constitution states, â€Å"Full Faith and Credit shall be given in each state to the public, Acts, Records, and Judicial Proceedings of every other state† (Article 4 Section 1 Clause 1). This is an example of a fair law because it explains states have to respect the judicial ruling of other states. A common example of Full Faith and Credit is a driver’s license. If a random teenager gets a driver’s license in Illinois, Wisconsin has to respect that license, even though one has to be older to obtain a driver’s license. This is fair because Illinois ruled that this citizen is eligible for the right to drive. Another example of the Constitution establishing justice occurs in the first amendment in the Bill of Rights. According to the First Amendment, â€Å"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.† This amendment isShow MoreRelatedThe Iroquois Constitution Purposes And Principles1130 Words   |  5 PagesIroquois Constitution purposes and principles reflect with the sociological function and rules of my household which will influence me when I become a parent. The Iroquois constitution is seen as a way to promote peace within the five nations. They demonstrated principles and purpose through always speaking the truth to a fellow nation, to not be easily hu rt by criticism or angered, through always praising their Gods for the things they have, and to include anyone who agrees to the constitution, whichRead MoreThe United States Constitution891 Words   |  4 PagesThe United States Constitution is made of seven articles that discuss the roles and responsibilities of the three main parts of government: Legislative, Executive, and Judicial branches. The constitution also defines the powers allotted to the Federal and State systems all while covering how amendments can be constructed and the ratification of the constitution. In this summary the functions and purpose of the seven articles will be explained in order to make sense of the overall organization ofRead MoreThe Constitution Of The United States1337 Words   |  6 PagesA constitution is defined as the system of fundamental principles according to which a nation, state, or those of such nature are governed. The Constitution of the United States of America is the supreme law ove r our nation as a set of rules in which our country is run. In addition to following the rules of the national constitution Texas also has its own constitution as wall as every other state’s; Texas’s is among the longest. Similarly to the United States Constitution, the structure and functionRead MoreA Literal Reading Of The Indian Constitution1595 Words   |  7 PagesA literal reading of the Indian constitution however the misleading. Multiple overlaps have occurred, not merely in the concurrent sphere of jurisdiction but also in spheres explicitly assigned to the States. 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With a subject such as the US Constitution teachers are confronted with learning material that may have no social relevance to them at the present time, which translate into boredom for the students. When students are bored or disconnected from the learning material are less likely to beRead MoreThe Preamble Is The Opening Statement Of The Constitution821 Words   |  4 Pagesstatement of the Unites States constitution adopted in September 17, 1787. The pream ble outlines and explains the reasons why the framers of the constitution made the United States a republic, by doing this; the founding fathers replaced the articles of confederation. The preamble helped explain why the constitution was written. The preamble can be broken down into many important phrases, each of them is important to understand the purpose of the United States constitution. The opening phrase of theRead MoreFoundations of US Government Essay628 Words   |  3 Pagesdid not limit the king’s power. The Magna Carta is the beginnings of American freedom. It is also the foundation of the American Constitution, reflecting English freedom and the power of the English government. The Mayflower Compact First was the first written laws of the New World, observed until 1691.The compact was the foundation of the future Untied States Constitution. This document attempted â€Å"... to temporarily establish that government until a more official one could be drawn up in England thatRead MoreActive One It Will Exercise Less Power1463 Words   |  6 Pagesfocus on the exact wording of the constitution but instead on how it can be applied to the modern day society. Despite this the Supreme Court is still limited by the wording of the constitution itself, while the court is given options in interpreting it cannot categorically change it. For example while the federal government may want to change a number of aspects in America such as gun control they are restricted by the 2nd Amendment. Furthermore the Constitution itself can be changed with amendments

Speech - Technology Vs. Humanity - 1444 Words

Speech – Technology vs. Humanity. Introduction: Did you know that the average person spends at least four years of their life looking down at their cell phone? Kind of ironic don’t you think, how these touch screens can make us lose touch, but its no wonder in a world filled with IMacs, iPads and iPhones, so many I’s and so many selfies, but there is not enough us’ and we’s. You see, technology has made us more selfish and separate then ever, while they claim to connect us, connection has gotten no better. Greet your audience: Good morning class and Mrs Arnold Outline of topic you will be discussing - CONTENTION HERE Today I will be discussing with you all, how our technology-filled world is swiftly taking over our lives and that we need to ditch the devices and bring back humanity. I will be outlining the truly horrible facts about how our society has become heavily addicted to technology devices. I will also highlight how this is changing the art of our communication, in the way that it’s changing how we communicate with the people in our lives and our inability to think for ourselves. And lastly, I will talk about the concerns and risks to our health. Explain which ‘side’ you will be taking and why I would like you to think about how old you were when you got your first phone, when you had your first laptop. Think about when your life changed from playing outside, to playing games inside on your new device – a device you begged your parents for. 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Social Responsibility Ethical Leadership â€Myassignmenthelp.Com

Question: Discuss About The Social Responsibility Ethical Leadership? Answer: Introduction In todays corporate world, ethical leadership and accomplishment of social responsibilities have become crucial to the success of an individual(Zhang et al. 2013). Furthermore, ethics are important because they support in differentiating between what is right and what is wrong. On the other hand, organizations are now needed to ensure that their business practices and operations do not have the negative impact on the people living in the society. The present study reflects some of the key characteristics of my style. In addition to this, the impact of personal style on my future interpersonal relationships is also mentioned in this report. The key ethical issues which can be faced by manager or leaders while dealing with people in the organization are also highlighted in the present report. Characteristics of my personal style In near future when I will work as a leader in any particular organization then the personal style that I will adopt directly influence the entire team. Further, it is necessary for every individual to ensure that the personal style adopted must be favourable so that individual can work for the betterment of the team and the organization. Considering my personal style where I possess some unique attribute which I think must be present in a successful leader. Dependable is one of the attributes which must be present in a leader as the individual must take advice from the team members in every of the situation to contribute best to the organization(Yukl et al. 2013). Therefore, this attribute will support me in near future where I will prefer to depend on my team members and other individuals within the workplace for conducting operations. Fearless is the key attribute whether leaders working in the organizations conduct all the operations without any fear and they prefer to take challenging tasks(Aarons et al. 2015). So, this also matches with my personal style where I will prefer to take part in the challenging activities. This attribute will surely assist me to become the successful leader, and I can easily contribute in the major affairs of the organization. Other key attributes of my personal style involve honesty, adaptability to change and loyalty towards work that will make me a successful leader. On the other hand, I possess some negative attributes which involve self-centred where in many situations leader consider their personal benefit like at the time of taking the decision and this is not at all ethical. It is the moral duty of the leader to involve the entire team member while taking the decision. I will try to work on this area where I will less focus on my personal benefit. Further, arrogant is also one of the negative attributes of my personal style. In some situations I am overconfident, and this attribute leads to decline in performance of a leader. Therefore, I will try to work on all these areas. This will surely support me to become the successful leader, and I can support my entire team in the proper manner. Apart from this, I need to develop my personal style which requires team and more efforts. Impact of personal style on interpersonal relationships In future, I am looking forward to working as a manager in one of the stores of Woolworth Australia. It can be expressed that my style traits will have a direct impact on my interpersonal relationship at the workplace. I usually depend heavily on others for the accomplishment of tasks and responsibilities. Furthermore, this dependency can affect my interpersonal relationship at work in both positive and negative aspects. For example, excess dependency will result in developing my bad image in front of others. People working under me will start perceiving that I am not capable enough to accomplish task and activities by my own. On the other hand, limited dependency will result in developing long term and healthy relationship with others. I am very loyal and honest regarding carrying out my work and this personal style will help in enhancing the overall degree of interpersonal relationship at workplace. My honest and loyalty will support in improving my image and will also encourage others to perceive me as a great leader. The interpersonal relationship at work is also affected by a leader's overall ability to adopt changes at frequent intervals(Shin et al. 2015). I am well aware of various tools and techniques which can help in implementing and managing changes within the organization in the best possible manner. This characteristic will motivate others to seek for my views and opinions during situations when they are not able to adopt changes(Brown Trevio 2014). Thus, I will be able to develop long term relationship with other staff members through this personal style. However, it can be critically argued that personal styles such as arrogance can adversely affect the overall interpersonal relationship at work. A leader or manager needs to make sure that he/she thinks twice before speaking and during the conversation, he/she should not adopt arrogant style. It will directly result in creating dissatisfaction among other workers and will also adversely affect my growth in the organization. Arrogant nature is considered as one of the worst characteristics of a person, and it is also suggested that the use of this personal style should be avoided in the best possible manner. Concepts linked with ethical leadership Ethical leadership is regarded as the demonstration of appropriate conduct by maintaining interpersonal relationship and actions along with the promotion of such conduct to followers with the help of decision making, two-way communication, etc. In order to understand the concept of ethical leadership the 4-V model proposed by Dr. Bill Grace is quite effective this relies on the four pillars that are vision, values, voice, and virtue(Hassan et al. 2013). Values: This pillar is based on the belief that ethical leadership starts with understanding of core values. Further, individual has to integrate own values with the choice making on all the levels of personal lives. Vision: It is linked with the ability to frame personal actions Voice: This pillar is linked with the process of articulating personal vision to others in appropriate way that motivates to respond in a particular way Virtue: It is all about practicing virtuous behaviour and knowing what is right and wrong. In the modern era, demand for ethical leadership has enhanced where they possess the capability to differentiate themselves by doing what is unpopular, inconvenient in the service of long term health along with the value.(Choudhary, Akhtar Zaheer 2013) The key attributes of ethical leaders take into consideration caring, honest, fair, balanced decisions, etc. Further, each and every activity of ethical leader is in accordance with the organizational goals and decision(Wu et al. 2015). Any type of biased activity is not at all present within the workplace, and this makes them successful. They are generally indulged into the practice of making balanced decisions, and they are most commonly exhibited by patience, humanity, character, social justice, etc. In short, the concept associated with ethical leadership is quite significant(Ropo et al. 2015). Considering the framework of ethical leadership I have found that it is necessary for me to ensure that all my practices are ethical and I have to possess all the attributes that are present in an ethical leader like honesty, loyalty, ethical decision making. Through this, it will be possible for me to contribute maximum in the business affairs and all the business practices will be ethical in every possible manner. Moreover, I have to ensure that the range of decisions that I will take within the workplace is favourable where it positively affects every individual present in my team. I have to ensure that my overall practices are ethical and they are contributing to the growth of the organization which I will work as a leader. Therefore, this directly highlights the attributes of ethical leaders. Ethical issues while dealing with people in organization In simpler terms, ethics can be considered as the set of written and unwritten principles which guide the behaviour of people working in an organization(Tannenbaum, Weschler Massarik 2013). Furthermore, being a manager or leader in a company, one needs to deal with a large number of ethical issues. For example, offering fair and equal opportunities to people in the organization is the biggest problem linked with ethics(Palanski, Avey Jiraporn 2014). A manager is required to ensure that no form of discrimination is encouraged among the staff members. At the same time, fair wages and development opportunities are also required to be provided by the leader or manager. Another ethical issue which a manager can face while dealing with people at the workplace is linked to health and safety of the employee. A leader or manager needs to ensure that adequate measures for staff members health and safety are taken into consideration. Apart from this, a manager also needs to ensure that issues such as workplace harassment are not encouraged within the business practices. It is the ethical duty of every manager and leader makes sure that no worker in the organization should be harassed sexually, physically and mentally. Furthermore, strict actions should be taken against the workers who are indulged in such kind of practices within the company(Jordan et al. 2013). It can be explained that managing employee behaviour and working conditions within the organization are the two most important ethical issues which are being faced by leaders and managers. It is required by managers and leaders to develop effective policies and practices to deal with the mentioned-above ethical issues. . Preferred leadership style and practices In the modern era, a leader plays a significant role in overall growth and development of a business enterprise(Sharif Scandura 2014). Furthermore, the leadership style and practices adopted by a person has a direct impact on the behaviour of individuals working in an organization. Nowadays, there are different styles and practices of leadership which can be taken into consideration by leaders to ensure smooth functioning of all business operations and activities(Kpers 2016). For example, some leaders adopt the autocratic style of leadership while performing their role of leader in the organization. According to this style, leaders do not consider the views and opinions of staff members in the process of decisions making and strategy formulation. The result of this is that high degree of dissatisfaction is created among employees and they also start feeling dissatisfied. However, it can be critically argued that autocratic leadership style is beneficial and efficient in situations where fast decisions making is required. On the other hand, some leaders adopt the participative or democratic style of leadership which encourages suggestions and opinions from other staff members. The result of this is that leaders can acquire a higher degree of satisfaction among workers with the help of this leadership style and practices(Shapiro Stefkovich 2016). The drawback of participative style is that it can cause a delay in the entire process of decision making as a leader is required to consider views and opinion of every employee and this is very time-consuming(Rijal 2016). As per my view, a leader should not restrict him to a particular style of leadership. I believe that situational leadership is the best practice which can be taken into consideration by leaders in the long run. The situational style and practice of leadership are the one who encourages a leader to change leadership style as per changes in the situation. For example in conditions where fast decision making is required, autocratic style can be adopted by the leader. On the other hand, to develop satisfaction among workers, in the long run, democratic style can be chosen. The benefit of using situational leadership is that it assists in carrying out effective decision making and it also supports in developing strong coordination among all staff members(Tannenbaum, Weschler Massarik 2013). Conclusion The entire study carried out has supported in knowing about the concept of ethical leadership where it plays the most significant role in the organization. Further, the key attributes present in a leader involves honesty, loyalty, dedication towards work, the strength of character, etc. Moreover, the characteristics of my personal style reflect my key strengths and weaknesses where it is necessary for me to work on the key areas where my performance lacks, and improvement is needed. Apart from this, the 4V model of ethical leadership is also effective where it undertakes the key values such as voice, virtue, values, and vision. These are the key pillars of this model that needs to be considered by the leader who wants to ethically conduct business operations. References Aarons, GA, Ehrhart, MG, Farahnak, LR Hurlburt, MS 2015, 'Leadership and organizational change for implementation (LOCI): a randomized mixed method pilot study of a leadership and organization development intervention for evidence-based practice implementation', Implementation Science, vol 10, no. 1, p. 11. Brown, ME Trevio, LK 2014, 'Do role models matter? An investigation of role modeling as an antecedent of perceived ethical leadership', Journal of Business Ethics, vol 122, no. 4, pp. 587-598. Choudhary, AI, Akhtar, SA Zaheer, A 2013, 'Impact of transformational and servant leadership on organizational performance: A comparative analysis.', Journal of Business Ethics, vol 116, no. 2, pp. 433-440. Hassan, S, Mahsud, R, Yukl, G Prussia, GE 2013, ' Ethical and empowering leadership and leader effectiveness', Journal of Managerial Psychology, vol 28, no. 2, pp. 133-146. Jordan, J, Brown, ME, Trevio, LK Finkelstein, S 2013, 'Someone to look up to: Executivefollower ethical reasoning and perceptions of ethical leadership. ', Journal of Management, vol 39, no. 3, pp. 660-683. Kpers, W 2016, A handbook of practical wisdom: Leadership, organization and integral business practice., Routledge, Abingdon-on-Thames. Palanski, M, Avey, JB Jiraporn, N 2014, 'The effects of ethical leadership and abusive supervision on job search behaviors in the turnover process. ', Journal of Business Ethics , vol 121, no. 1, pp. 135-146. Rijal, S 2016, 'The influence of transformational leadership and organizational culture on learning organization: A comparative analysis of the IT sector. Thailand. ', Journal of Administrative and Business studies, vol 2, no. 3, pp. 121-129. Ropo, A, De Paoli, D, Salovaara, P Sauer, E 2015, ' Why does space need to be taken seriously in leadership and organization studies and practice?', Leadership in spaces and places Cheltenham, UK: Edward Elgar, pp. 1-23. Shapiro, JP Stefkovich, JA 2016, Ethical leadership and decision making in education: Applying theoretical perspectives to complex dilemmas., Routledge, Abingdon-on-Thames. Sharif, MM Scandura, TA 2014, 'Do perceptions of ethical conduct matter during organizational change? Ethical leadership and employee involvement', Journal of Business Ethics, vol 124, no. 2, pp. 185-196. Shin, Y, Sung, SY, Choi, JN Kim, MS 2015, 'Top management ethical leadership and firm performance: Mediating role of ethical and procedural justice climate', Journal of Business Ethics, vol 129, no. 1, pp. 43-57. Tannenbaum, R, Weschler, I Massarik, F 2013, Leadership and organization, Routledge, Abingdon-on-Thames. Wu, LZ, Kwan, HK, Yim, FHK, Chiu, RK He, X 2015, 'CEO ethical leadership and corporate social responsibility: A moderated mediation model', Journal of Business Ethics, vol 130, no. 4, pp. 819-831. Yukl, G, Mahsud, R, Hassan, S Prussia, GE 2013, 'An improved measure of ethical leadership. ', Journal of leadership organizational studies, vol 20, no. 1, pp. 38-48. Zhang, X, Walumbwa, FO, Aryee, S Chen, ZXG 2013, ' RETRACTED: Ethical leadership, employee citizenship and work withdrawal behaviors: Examining mediating and moderating processes. ', The Leadership Quarterly, vol 24, no. 1, pp. 284-297.

A Generation Set Aside Essays (1283 words) - Demography,

A Generation Set Aside Often we hear of the generation gap -- that huge expanse between parent and child. Perhaps it is an acquaintance gap. Young people and adults do not know each other. The inability to communicate often enters the picture. Sometimes it is because neither knows what the other is interested in. They live under the same roof, but they rarely see one another, especially after the teenage years come along. The father goes off to work before the children are awake. Mother may go back to bed after seeing the husband off to work; or off to her own job. Teenagers get themselves up and off to school without seeing either parent. Then after school there is ball practice, band practice, or something else that consumes their time; maybe a job that lasts until bedtime. Parents have things that tie them up in the evenings; so the days come and go, and there is precious little time spent together. A meal together is even a rare occasion. All of these activities may be wholesome and proper, but still t he family suffers because there is so little time spent together. This causes many children to make too many decisions on their own, and so often they will leave important and crucial matters out of their thoughts and plans. This generation often gets labelled by the media and the older people in society as the "youngsters who are tearing this country apart." The fact of the matter is that we are a product of our parent's mistakes and remain to be misunderstood. In the past several years we have seen much media attention focused on the generation that followed the boomers, popularly known as Generation X. Born between the mid-1960s and early 1980s , this is the most complex of the generation, and by far the least understood in spite of its current celebrity. This generation can best be described as the "Misunderstood Generation." They are the generation that dealt with and are still dealing with broken homes, drug addiction, AIDS, and bleak futures. A great deal of the young people in this "Misunderstood Generation" think very little about the future or present issues. This generation has lost sight of long terms goals and the idea that hard work pays off in the end. Instead, the people in this generation concern themselves only with what will bring immediate satisfaction and gratification. This part of society cares only about money and themselves, never thinking about the consequences of their actions. The "Misunderstood Generation" feels overwhelmed with the idea of a country with a multi- trillion dollar deficit, a high rate of poverty, and relatively no jobs. The "Misunderstood Generation" wants less out of life. This generation has evolved from the children that came home from school to an empty house because mom had to go back to work after the divorce. This is the generation that got its morals from watching T.V. after school and was parented by an older brother or sister. This is the generation that has unconventional ways and does not always reason for them. They are uncertain and need answers. They poke and prod to find what is lying ahead. They have loud voices but are seldom heard. This is the generation which has high expectations and are often disappointed. I, as well as all of the others born in my generation, were unleashed into an ever changing world. The advances of today can easily be old news tomorrow. Along with this they, the people who have lived and controlled up until this day, have allowed the respect of the living to dwindle with the consistently increasing ease of everyday life. Transportation from one point to another can be the simplest of tasks. Communication with someone in any far off land can be reached with just the touch of a button. And access to almost all the information the world has to offer is free for all with the use of the Internet. No other group of people have grown up with these things as being such the standards and necessities of life and living that they are today. We have never had a war in our country. All of

The Distance Between Me And My Readers - A Bob Mayer Interview

The Distance Between Me And My Readers - A Bob Mayer Interview â€Å"The distance between me and my readers is the internet† An interview with Bob Mayer How can indie authors use eBooks to their full advantage, creatively exploiting their potential to be adapted over time and linked to an author’s whole output?Bob Mayer is a New York Times Bestselling Author who is not afraid to explore the incredible new opportunities available to authors. With 60 books published - both traditionally published and indie-published - Bob has sold over four million books. He and is also a leadership speaker and consultant, coaching authors on many aspects of writing and publishing. He is also CEO of Cool Gus Publishing and his latest book Time Patrol has just come out. On top of all that, he is the only West Point Graduate and Former Green Beret we’ve ever had the pleasure of interviewing! We talk about his work as a hybrid author, his marketing techniques, and Italian book covers†¦ It’s really great to be interviewing Bob this afternoon - a New York Times bestselling author, writing coach, who also writes a lot about publishing and self-publishing. Firstly Bob, it’d be great to start with your writing course Write on the River, how is it going?I’ve been doing writing workshops for a number of years - I used to hold small intimate workshops and various bed and breakfasts. After my wife and I moved to the Tennessee River, we got a nice big house, so a couple of times a year we bring four writers into the weekend, working with them on their books. The weekend after this  I’ve got four people coming down.So you work with them on all sorts of things, structure and character development, that type of thing?I change it for every group because every group is a little different. I’ve had number one New York Times bestsellers here - usually it’s published authors with some experience, but occasionally I’ve had a new auth or. We usually spend a lot of time on the ‘idea and conflict lock’ and a lot of time talking about the business, because so many things are up in flux right now.Many authors - even established authors - are wondering right now, â€Å"should I become a hybrid author?†, â€Å"should I keep traditionally publishing?†, â€Å"should I self-publish?† One of our authors came down here for the weekend and she’s publishing with Cool Gus, so she’s become a hybrid author.You are a hybrid author who has published a number of different ways, could you tell us a bit more about that?I was published in New York for 42 books - Random House, St Martins - many big houses. Then I went self-publishing as I had a huge backlist to which I owned the rights and formed my own publishing company Cool Gus.I knew from the very beginning what I wanted was to sign with 47 North, Amazon’s Science Fiction imprint. The main reason I did that was because of their marketing capabilities. They have tremendous power to market you on their site. So I’ve got a book we’re going to publish May 5th. I’ve got a book coming back from 47 North that’s due out in August, so I alternate writing science-fiction for amazon and thrillers for my own company.What is it specifically about their marketing that interested you?They have reach: they call it ‘merchandising’. They really know who the readers are and have huge databases. They know everyone who has bought one of their previous books and send them an email. They also do pricing - in the UK they have a ‘book for a pound’ - they pick a number of titles and promote those. There is a huge difference sales-wise when you use any of these platforms - whether Amazon, Apple or Audible ACX - they give you some ‘merchandising’ and your sales can skyrocket.Yes, we’ve found with many authors that email lists are really helpful, because you ar e talking to an engaged audience, and that it’s worth slowly building them upYes, we don’t send many newsletters out because we feel many people are bombarded by them, but we are focusing on building our list this year. The other thing we have is a private Facebook group called ‘The A-team’: we’ve got about 30 people in there. These are people who really like my books. It’s a small intimate group where we chat about what I’m writing. If you can get a core of about 40-50 readers who talk about you and promote you, that’s huge. The book - Time Patrol (Area 51: The Nightstalkers Book 4) - just came out yesterday and I’ve already got a handful of reviews, mainly because of those types of people.I like the idea of nurturing a small but dedicated small fan group. They are the one’s you can have a personal connection to.The most important thing is readers. I’ve got a huge Twitter following, but I don’t reall y think it sells books; I don’t think a huge Facebook following sells books - although these things aren’t bad of course. The distance between me and my readers is the internet. I can communicate with them and respond to every email I get or every mention on Twitter. I think that’s key.There’s lot of resistance in the publishing industry to change - I think that’s because so much of it doesn’t change: it’s always going to be about great content and writing. But, of course, things are changing: are there any new developments that are interesting to you?Subscription is big. A lot of people are complaining about Kindle Unlimited for sales dropping, but Kindle Unlimited occurred at the same time as the content flood hit the eBook market - there’s just so much content out there and that’s not going away.We don’t fight those things. Yesterday we got a cheque from Draft2Digital and the Scribd subscription service. We use those things; we use Kindle Unlimited. I broke one of my non-fiction books into 15 shorts, dedicated totally to Kindle Unlimited. I think writers waste a lot of time tilting at windmills they can’t change. They need to look at the publishing landscape and use everything out there to the best of their abilities.Yes, and I think they could anticipate change a lot more than they actually do.Ha! Yea, although I don’t think anyone could tell you where we’re going to be a year from now. It does always come back to good content though. The good thing is that I think if you write a good book, that’s a big part of it and then you do have to get out there and reach the readers. The readers have to know the book exists.You’ve said in the past that this is the moment in publishing you are most excited to be a part of because the author has control.Absolutely! What I’m doing right now didn’t exist ten years ago. Ten years ago I would hold the rig ht to 50 books and be able to do absolutely nothing with them. I wouldn’t be able to sell them to anybody - I couldn’t get them in the bookstore. Now, they are in virtual bookstores, I can sell them to readers. One of our saying is â€Å"If you haven’t read it, it’s not backlist†. I was reading my first book from 1991 and I realised to someone reading it now, it’s a brand new book.One of the interesting things right now is how publishing is relating to other media. People talk about how it is conflicting of complementing other media - cable TV, movies, games, etc - but do you think also that a lot of writers could learn about how they market these media?I see writers say â€Å"go kill your TV†, but my wife and I watch a lot of TV and the writing is fantastic. Marketing-wise, if you look at what Netflix did with the Kevin Spacey show, where they released it all on the same day, I think that’s something to think about.People want instant gratification now. It used to be that in traditional publishing, I have to give a book a year, but I had to write under three pen names because they would not allow me to publish more than a book a year. Now, you cannot publish fast enough, or write fast enough to keep up with demand from readers!Yes, maybe you could experiment publishing lots at once, gaining a core reader group, then change your strategy, slow down or create anticipation.Yes one thing we’re doing is we’re putting out a book every three months this year and what I’m doing personally is I’m racking my books together. I just had a book come out yesterday that loops back to my early Atlantic series, so what I’m doing is connecting the dots over 25 years of books.At the end of the book, I say â€Å"if you want to know more about this character, go to this series†, â€Å"if you want to know more about this world, go to this series†. I think that gives readers mor e options to go through the back story.Now your books are always out there - they don’t grow old, so you can create these links in ways which weren’t previously possible.One thing I often talk about in my business is that an eBook is not like a print book: it’s very, very different. It’s organic. It’s changing. We have so many titles that when we bring out a new one, we have to go into the back and change all the links in it, we have to change the metadata.Yesterday my new book came out and is called Time Patrol and I asked my business partner, â€Å"by the way, do these books have another subgenre on Amazon of ‘time travel’, because this is actually another best seller list!† and she’d already taken care of that. So it’s just constant change, and I think it’s caught traditional publishers a little by surprise, because they are used to the ‘fire and forget’ method. They published a book and itâ €™s out there, it’s never going to change. An eBook changes constantly. I’m not talking the content - although you can do that - I’m talking all the things around it: the cover the endman, the metadata, so it’s a constant churning of things.Have you experimented with changing covers?Oh yea! We’ve changed covers. Actually, you often have to change covers, like on Amazon, where there are certain promotional things you can’t get into if you have things like a gun on the cover. I totally understand, because people complain, but you have to change the image and remove the gun, simply to get in these marketing programs!I think it’s endlessly fascinating how in different countries, different covers just work and different ones just don’t work. I think you can learn a lot about individual countries by the book covers they like!I was in a book store in Italy where it was always a scantily-clad woman on the cover with an atomic blast in the background and there was no woman in a bikini in the book! They just stick it there because that’s what sells.So much of indie publishing seems to require a certain kind of author: entrepreneurial and someone who can effectively manage their own business. Do you think that may change? Do you think it could incorporate other types of writers who are perhaps not entrepreneurial, but who still want control and the best of indie-publishing?Well, that’s a little what we do at Cool Gus. A handful of authors we work with just want to write, yet they want the freedom, so we take care of all the things for them, but we give them final say. So they don’t have to get caught up in the actual doing of it, but we’ll say, â€Å"What do you want on your cover?† - and they get the final say on that, cover copy, everything! So I think that’s a different business model.And so that they have a team to help themYes, I think it’s really hard to do it all well. There are people that do it, but it’s much easier to send someone an email and say â€Å"Please take care of this†.Where do you think agents may fit in the future?I think agents are evolving. Kristen Nelson who works with Hugh Howey is an example of an agent that’s really changed the way she looks at things. And I actually think traditional publishing is not going to die: it’s evolving and they are learning, changing and adapting. I’m querying agents right now because I need help with foreign rights. I can’t really travel to the London Book Fair, for example, so I need an agent to take care of those things for me.I think the reason publishing is so interesting is because it is a very complex industry and there are so many different things to be doing. What are you thinking about experimenting with in the next couple of years?It’s more about the creative part. I’ve been doing it so long, that what I realise is that I can produce better books faster and the market is there for it. I have so many series going, and at the same time I put a few experimental things out there. And I don’t have to sit there and worry, will my agent like it, will my editor like it, will my publisher like it, will the sales force think they can sell it? All I’ve got to care about is ‘will the readers like it?’ I don’t think that’s going to change: that I like. I can directly reach my readers and either they can hit that buy button or not, and that tells me if it’s working or not.That’s a really great message to send to our readers. Thanks so much for your time Bob!Follow @Bob_Mayer and @ReedsyHQ on TwitterDo you think too many authors waste time fighting things they can’t change? Where do you see agents fitting in in the future? Leave us your thoughts, or any question you have for Bob, in the comments below!

Role Of Special Education Essay Example | Topics and Well Written Essays - 1000 words

Role Of Special Education - Essay Example ADHD/LD is needed to be considered as a disability, and teachers are required to undergo special orientation regarding the disability and difficulty faced by such adolescents. A proper coordinated approach between parents of ADHD/LD adolescents and teachers is crucial to bring about a supportive atmosphere for the ADHD/LD adolescents in school. The authors rightfully concluded that ADHD/LD being a genetic/neurobehavioral disorder, the best possible course of action by the school authority would be to arrange for regular counseling sessions and professional group therapy and lastly, but most importantly to boost the self-esteem of the adolescents.The teacher’s knowledge and attitude towards attention deficit hyperactivity disorder had been surveyed. In this study, questionnaires given to teachers in one hundred and ninety-six elementary school teachers in Shiraz Province of Iran had been filled anonymously on ADHD. The study revealed teachers low attitude score towards ADHD chi ldren which reflected in their weak tolerant attitude towards an ADHD adolescent. Most of the teachers were found to unaware of ADHD. However, majority believed that there is the need for awareness of any ADHD students in their classes. A significant correlation was observed between knowledge and attitude of the teacher, which means those with higher knowledge about ADHD have the more tolerant attitude. Majority of the teachers opined that ADHD adolescents are at risk for delinquency, truancy, depression.

The socio-cultural, economic and environmental impact of mass tourism Essay

The socio-cultural, economic and environmental impact of mass tourism on Tokyo - Essay Example This paper presents fact-based analysis of the full gamut of the impact, mass tourism has on the functioning of Tokyo. Among the negative impacts of mass tourism in Tokyo are income inequality, class conflicts, social stress, cultural deterioration, deprivation of local people of access, ethical issues among others. Reformed tourism policies that promote appropriate resource allocation, investor and worker visitors, and conscious travel, should be adopted. There have emerged two opposing sides to the debate on whether mass tourism is good or bad. In particular, mass tourism is shrouded in quite a lot of controversies and debates with one side opposing and the other supporting mass tourism. The question many ask is whether mass tourism creates and increases exploitation or prosperity in the destination areas. By extension, questions are also raised about the possibility of responsible mass tourism and its effects on the culture, economy and environment of the destination areas. Those of the other side of the debate do not regard mass tourism as an exploitative activity; instead, eco-tourism holidays and package tours are viewed as forms of mass tourism that actually benefit local communities in destination areas. Mass tourism could really be great to local people and cultures, environment and economy if only the tourists respect the destinations local people and culture . In addition, host country and people must enjoy the opportunities of showing their unique economic, social and cultural practices and beliefs to their visitors (Totman, 2005). In addition, mass tourism should also expose the destination areas to the cultures of the visiting people. Tokyo, the capital city of Japan is one of the main tourism destinations in Asia, if not the entire world (Cullen, 2003). Hence, mass tourism affects life in Tokyo in one way or the other. The economic value of tourism in Tokyo soars well above 10 million Yen. Consisting of both local and foreign tourists, the main tourist attraction centres in Tokyo include but are not limited to entertainment districts, ubiquitous Japanese pop culture, stores and downtowns (Malm, 2000). The cultural districts of Shibuya and Harajuku come to mind when tourism in Tokyo is mentioned. In addition, museums such as the Tokyo National Museum, which is widely known for housing Japan’s artwork national treasures is a renowned tourist attraction, centre in Tokyo (Waley, 2007). Other attractions in Tokyo include Tsukiji Fish Market, the Senso-ji Temple, the Imperial Palace and the Meiji Shrine. That Tokyo is easily accessible via the Narita Airport and the Tokyo International Airport also makes it a

Foreign Exchange Service of Bank Asia Limited Essay Example for Free

Foreign Exchange Service of Bank Asia Limited Essay 1. Introduction The banking sector in Bangladesh comprises of four categories of scheduled banks. These are, nationalized commercial banks (NCBs), government owned development finance institutions (DFIs), private commercial banks (PCBs) and foreign commercial banks (FCBs). Performance of these banking sectors under CAMEL framework, which involves analysis, and evaluation of the five crucial dimensions of banking operations, the five indicators used in the rating system are (I) Capital adequacy (ii) Asset quality (iii) Management soundness (iv) Earnings and (v) Liquidity. In addition, foreign Exchange Service is one of the major considering factors regarding these indicators. The bank acts as a media for the system of foreign exchange policy. The principles of foreign exchange service involve the entire system, the media used, and the monetary unit. According to Mr. H.E. EVITT Foreign Exchange is that section of economic science which deals with the means and methods by which right to wealth in one countrys currency is converted into rights to wealth in terms of another countrys currency. So bank should be aware about this section for the overall development of the economy. 2. Background of the study An internship program’s necessity is originated for implementing the theoretical knowledge in particle field. Therefore, internship program is included in BBA program. The goal of this report is to identify the contribution and the effect of foreign exchange service in Bank’s net profit. 1.3 Rational Of the Study The rational of the study is to know more about the course in practical life. This study also helped me to know the banking system. From this study I learned about the different functions in the bank like offering online banking, pay order, foreign remittance, foreign trade, investment etc. I also learned how the banks perform these functions, what problems they face, and their benefit in offering different services to their clients. Then I was assigned in foreign trade department, so I have learned about L/C Files, register and over all L/C mechanism. In this section, how they provide their services to the clients I have also learned about it. As a student of Finance, it is very important for me to acquire proper knowledge in this course to get better result in the future. 1.4 Objectives of the Study 1) The prime objective of the study is to understand various functions of Banks. I tried to evaluate the present condition of the banks. 2) To know about various products services of this bank, and to know about the banking terms as well as habituate with banking environment. 3) To know how they find out the risk of the foreign trade. 4) To know how they identify these types of risk and minimize them. 1.5 Methodology of the study For preparing the report, I followed the following steps: âž ¢ Primary Information: First, I collected data about the Foreign – Exchange Service in Bank Asia ltd. MCB Dikusha Branch by tenting to personnel working in the bank. âž ¢ Secondary Information: Then in the second stage, I analyzed the collected data, working in Foreign Trade Department. Again, †¢ Personal Observation †¢ File Finding †¢ Annual Reports of BAL †¢ Articles of BIOM helped to prepare this report. 1.6 Limitations of the Study Not all the information of a Bank can be disclosed. It is very much essential for a bank to provide security to the customer. So the perfect information might not be shown in all places. The Employees of the Bank are also very busy. Therefore, the employees of the bank do not have enough time to provide me help regarding preparing report. Therefore, it was very hard for me to collect the data and bring out the proper information in order to make report look good. I had to go through many obstacles in order to make it presentable. 1.7 Scope of the Report The scopes of the report are as follows: †¢ The report would help the top management to identify the key areas of weakness and strength in foreign exchange service. †¢ The scope of the study is based on brief description of BAL has been furnished. †¢ The study may help top management in planning and decision making regarding foreign exchange service. CHAPTER 2: AN OVERVIEW OF THE PRINCIPAL ACTIVITIES OF â€Å"BANK ASIA LIMITED† 2.1 OVER VIEW OF BANK ASIA LIMITED: Bank Asia Limited (Ltd) has been launched by a group of successful entrepreneurs with recognized standing in the society. The paid up capital of the Bank is 1395 million. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals many of whom have exposure in the international market. Bank Asia Limited is one of the third generation private commercial banks (PCBs), incorporated in Bangladesh on 28 September 1999 as a public limited company under the Companies Act 1994, and governed by the Banking Companies Act 1991. The Bank went for public issue of its shares on 23 September 2003 and its shares are listed with Dhaka Stock Exchange Ltd and Chittagong Stock Exchange Ltd. Bank Asia Limited acquired the business of Bank of Nova Scotia (incorporated in Canada), Dhaka, in the year 2001 and at the beginning of the year 2002, the Bank also acquired the Bangladesh operations of Muslim Commercial Bank Limited (MCBL), a bank incorporated in Pakistan, having two branches at Dhaka and Chittagong and one booth at Dhaka. In taking over the Bangladesh operations, all assets and certain specific liabilities of MCBL were taken over by Bank Asia Limited at book values. Within a short span of time Bank Asia Ltd has established itself as one of the fast growing local private banks. It has at present a network of Thirty three branches serving many of the leading corporate houses and is gradually moving towards retail banking. Another significant delivery channel is its own as well as shared ATM Network. Bank Asia has a network of 25 ATMs out of which 6 it owns. The other 19 ATMs are shared through ETN with eleven other banks. Since its humble beginning in 1999, it set milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first in the banking history of Bangladesh. It again repeated the performance by acquiring the Bangladesh operations of Muslim Commercial Bank Ltd. (MCB), a Pakistani bank. In the year 2003 the Bank again came to the limelight with oversubscription of the Initial Public Offering of the shares of the Bank, which was a record (55 times) in our capital market’s history and its shares commands respectable premium. The asset and liability growth has been remarkable. By Dec 2007 the total asset of the Bank grew to Tk 38436 million, increase of almost 26% comparing to 2006. As of Dec 2007 deposits increased to Tk 30004 million, an increase of 19% over that of 2006, and Loans Advances reached Tk 28456 million, an increase of 28% over that of 2006. Bank Asia has been actively participating in the local money market as well as foreign currency market without exposing the Bank to vulnerable positions. The Bank’s investment in Treasury Bills and other securities went up noticeably opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline. Bank Asia Ltd is maintaining its competitiveness by leveraging on its Online Banking Software and modern IT infrastructure. It is the pioneer amongst the local banks in introducing innovative products like SMS banking, and under the ATM Network the Stelar Online Banking software enables direct linking of a client’s account, without the requirement for a separate account. 2.2 VISION STATEMENT OF BANK ASIA LIMITED: Bank Asia’s vision is to have a poverty free Bangladesh in course of a generation in the new millennium, reflecting the national dream. Our vision is to build a society where human dignity and human rights receive the highest consideration along with reduction of poverty. 2.3 MISSION STATEMENT OF BANK ASIA LIMITED: To assist in bringing high quality service to our customers and to participate in the growth and expansion of our national economy. To set high standards of integrity and bring total satisfaction to our clients, shareholders and employees. To become the most sought after bank in the country, rendering technology driven innovative services by our dedicated team of professionals. 2.4 CAPITAL STRUCTURE: Banks generally do their business with other’s fund, so Bank Asia Ltd is not in exception. Bank Asia Ltd uses 24% equity and 75% Debt source of capital. The capital structure is following:

Albert Camus The Myth of Sisyphus Essays -- Papers Albert Camus Sisyp

Albert Camus' The Myth of Sisyphus Albert Camus' essay, 'The Myth Of Sisyphus' is an insightful analysis of the classic work, 'The Myth Of Sisyphus'. In some regards Camus' view of Sisyphus can seem quite accurate and in tune with the original text, but based on Camus' interpretation of the justness of Sisyphus' punishment, it is clear that the writer has some different ideas as well. Camus concludes that this punishment does not have the effect the Gods had intended, and ultimately the tragic hero must be seen as being 'happy'. This is his greatest departure from the intent of the original myth wherein the reader is left with the feeling that Sisyphus' punishment can be seen as appropriate and just. As his punishment for repeatedly outwitting the Gods, Sisyphus is forced to roll a great rock up a steep hill only to have it roll back down each time he reaches the top, forever condemned to repeat the process over and over again. It is this punishment that Camus is most focused on, as the topic of Sisyphus? trickery only comes up to give the reader some background on the story. It is unusual however that Camus considers this punishment as an, ?unspeakable penalty in which the whole being is exerted toward accomplishing nothing?, and at the same time assumes that; ?The struggle itself towards the heights is enough to fill a man?s heart.? The gratification that one might find through hard work could certainly be seen as an accomplishment, but it?s hard to see how this pertains to Sisyphus. Camus states that, ?the workman of today works every day in his life at the same tasks?, and that his fate is, ?no less absurd.? If a man whistles while performing his laborious job it is onl y because it is assumed that the fruits... ...l text was meant to represent. Camus states that, ?myths are made for the imagination to breathe life into them?, and he surely takes advantage of this. If it is true that Sisyphus truly owns his fate and is the master of his own ?absurd? universe, then that should be seen as his greatest punishment of all, for it does not amount to very much, and as Camus himself pointed out, ?the rock is still rolling.? Bibliography: Works Cited Bierlein, J.F. ?The Myth Of Sisyphus.? Lives Through Literature A Thematic Anthology (3rd ed.). Helane Levine Keating and Walter Levy. New Jersey: Prentice Hall, 2001. 1042-43. Camus, Albert. ?The Myth Of Sisyphus.? Lives Through Literature A Thematic Anthology (3rd ed.). Helane Levine Keating and Walter Levy. New Jersey: Prentice Hall, 2001. 1044-46.

Retaining High Potential Employees

Generally, talent management refers to the identifying, developing, and retaining high potential employees for top key business positions including training, career planning, HR development, succession planning, performance management, balanced demand and supply of qualified workforces so that the organization can reach to their target goal but the approaches vary from organization to organization (Mathis & Jackson, 2008, p. 292) [14]. Talent management is one of the fundamental terms in the operational area of HR governance where talent attraction, talent development, talent deployment and retention are four major paradigms to ensure the sustainability of human resources(Grobler, Bezuidenhout and Hyra, 2014) [15]. If there is no proper managerial succession planning, the practice of learning organization, career planning and mentoring, then the retention of highly talented people would be very challenging for the long run. The current study also expects the positive relationship between talent management and sustainable human resource development and develops the following hypothesis:H1: There is positive relationship between talent management and sustainable human resource development. 3.2 Consolidated HR policy:The practices of sound HR policies directs towards the strong committed labor pool for any organization. HR policy is the foundation of all HR activities. It is the written directions about the employment and plays a remarkable role to implement organization's HR strategy effectively like transforming organization into a more optimistic perception, transparency and psychological contact regarding the job (Watson, 2013) [16]. Moreover, it is not static dictation rather continuously updated and improved with the changing environment such as developing new HR policies, implementing, reviewing and ensuring that human resource expertise is represented as part of the skill set of the board of directors (Moore, 2011) [17]. The current study ought to examine the relationship between consolidated HR policy and sustainable human resource development and following hypothesis is developed:H2: There is positive relationship between consolidated HR policy and sustainable human resource development. 3.3 HR risk management:Although risk is inevitable in business environment, it is also common in HR practices. So, the organizations need to identify, observe, prioritize and manage key HR risks with a pragmatic, integrated and coordinated approach which might be comprehensive analysis of its personnel risks. For instance, the optimistic HR environment leads to the minimum level of risk and increases an organization's ability to manage risks. HR Risk Management Service Line Leader in the United States of America (USA); Christopher Lipski pointed that managing risk in the HR area has gaining increasingly importance for global executives (Ernest & Young, 2009) [18]. Good HR governance includes the proper risk monitoring activities such as standard code of ethics, contingent management, conflict, stress management and so on. As proactive approach, companies must be careful of becoming risk complacent when they assume that they can forecast the future accurately (Taleb, 2007) [19]. This hypothesis is developed to prove the following relationship:H3: There is positive relationship between HR risk management and sustainable human resource development. 3.4 Employee development:The actual growth of an organization completely depends upon the intelligent and skilled employees' collaborative team performance. From this perspective, employee development is an emerging issue for the sake of organizational development. It means the physical and psychological both development of employee and organization as a whole. Hence, it is believed that when human resources would develop, organization would be more flourished regarding its overall growth (Elena, 2000) [20]. Now, it is a common practice to all concerned organization to turn the human resources into the human capital through effective training and development, offering the scope of self-actualization, coaching and mentoring, on the job career development and overall interpersonal skill development which will lead to the intended employee performance. The following hypothesis is developed to examine the relationship between employee development and human resource development:H4: There is positive relationship between employee development and sustainable human resource development. 3.5 Compensation benefits:Simply, the compensation is the monetary value to an employee in return of his/her services. It comprises some other benefits and rewards for the employees which they receive in the forms of pay, wages, fringe benefits and so on which work as motivating factor behind their best performance (Holt, 1993) [21]. The behavioral aspects of employees are affected by compensation. Monetary benefits can increase feelings of self-reliance (Vohs, Mead, ; Goode, 2006, 2008) [22] and also increase pain tolerance (Zhou, Vohs, ; Baumeister, 2009) [23]. If the compensation system is appropriate for all then organizational policies and procedures could have their desired effects. Moreover the structure and implementation of compensation systems not only can affect employee motivation, but also can improve safety, quality, and creativity at their workplace. The following hypothesis focuses on the impact of compensation on human resource development:H5: There is positive relationship between compensation benefits and sustainable human resource development.3.6 Employee welfare:Employee welfare comprises various benefits and facilities such as allowances, housing, transportation, office time meal and medical insurance etc. It also includes monitoring of working conditions, creation of industrial harmony and so on. Employee welfare oriented environment leads to increase the number of satisfied employees which ultimately ensures the incremental profitability growth. Some common cherished employee welfare activities at workplace are flexibility in job responsibility, community benefits, transportation facilities, childcare facilities and so on. Some Bangladeshi organizations are practicing the employee participation in Workers Profit Participation Fund (WPPF) which is one of the significant fringe benefits for employee welfare. Bangladesh Labor Law (Amendment) 2013, Section 234 of the Act No. 42 of 2006[24]. -In Section 234 of the said Act – (a) Replacing Clause (b) of Sub – Section (1), the following Clause (b) shall be replaced, e.g.: (b) of the owner within maximum nine months from the completion of a year, 5 percent from the net profit for the year shall contribute to the WPPF with a proportion of 80: 10: 10 to the Participatory Fund, Welfare Fund and Workers' Welfare Foundation Fund established under Section 14 of the Bangladesh Workers Welfare Foundation Act, 2006[25]: Provided that if any employer has paid one percent (1%) of net profit to the Welfare Fund immediately before effectiveness of this Act, the Board of Trustees is obligated to transfer 50% of deposited amount in favor of the Welfare Fund to the Workers Welfare Foundation Fund. This hypothesis is developed to prove the following relationship:

Analysis of Exxon Mobil Corporation Free Essay Example, 1750 words

By 1958, the Socony Mobil Oil Company had reached approximately $2.8 billion dollars in revenue, which, by 1968, was$6.5 billion. Throughout the 1960s, Mobile expanded its drilling into the Middle East, the southern United States, the North Sea, and Alaska. In this time, however, the Organization of Petroleum Exporting Countries (OPEC) expanded to develop its quickly growing global cartel, which, of course, negatively affected the course of the corporation’s business throughout the world. During the Oil Crisis of the 1970s, Mobil’s profits soared dramatically. OPEC’s embargo caused the price of oil to quadruple overnight, and energy awareness came in vogue. Mobil’s oil sales tripled between the years of 1973 and 1977, the peak years of trouble during the crisis. 1974’s extraordinary profits brought Mobil to the center of public and congressional criticism, as the public continued to suffer the effects of a weakened global economy. After the success of the 1970s, Mobil found itself locked into contracts with the ever increasingly expensive price of Saudi crude in the 1980s. This resulted in substantial losses and cuts to reduce debts. These challenges for Mobil continued into the 1990s, as the Persian Gulf War and instability in the Middle East threatened the company’s relationship with the Saudis. We will write a custom essay sample on Analysis of Exxon Mobil Corporation or any topic specifically for you Only $17.96 $11.86/pageorder now The recession continued into 1992, which brought further losses and negative estimates. However, by 1994, the company’s position stabilized, putting it in a good position to consider offers for a merger and a restructuring of its business organization. The 1990s had brought a substantial expansion in the company’s retail presence. Like the history of Mobil, the history of Exxon is one of numerous challenges and successes. John D. Rockefeller’s Standard Oil came into existence in 1839, and by 1870, had formed a monopoly on the oil sector in the United States. Standard Oil Company continued its growth into a major player in the oil sector both within and without the United States. It maintained a number of smaller subsidiaries to create a mix of refined products that invariably catered to and advanced social and technological changes throughout the world, such as the use of kerosene in the 1950s, the sale of gasoline in the 1960s, and the proliferation of retail gasoline distribution centers throughout the 1980s and 1990s. In 1972, Standard Oil changed its name to Exxon, and, with the burgeoning oil crisis, faced a number of issues. Corporate sales skyrocketed, with revenue doubling between 1972 and 1974 from $20 billion to $40 billion, and then to $100 billion in 1980.