Sunday, January 19, 2020

The Hero in John Steinbecks Cannery Row :: Cannery Row Essays

The "Failure" As Hero in Cannery Row It is Doc, in Cannery Row, who provides the objective and nonteleological point of view which is to be found in so many of Steinbeck's works. For Doc, himself freed from the get-get-get philosophy of the world of the machine by virtue of his science, his detachment, his gentleness, and his personal refusal to be pushed into either Social Importance or the role of Social Judge, insists that the boys of the Palace Flophouse are universal symbols rather than mere ne'er-do-wells. And what they symbolize is simply this: the madness of a world in which those who enjoy life most are those whom the world considers "failures." For Mack and the boys most certainly are failures-in everything but humanity and life itself: Mack and the boys . . . are the Virtues, the Graces, the Beauties of the hurried mangled craziness of Monterey and the cosmic Monterey where men in fear and hunger destroy their stomachs in the fight to secure certain food, where men hungering for love destroy everything lovable about them . . . In the world ruled by tigers with ulcers, rutted by strictured bulls, scavenged by blind jackals, Mac and the boys dine delicately with the tigers, fondle the frantic heifers, and wrap up the crumbs to feed the sea-gulls of Cannery Row. What can it profit a man to gain the whole world and come to his property with a gastric ulcer, a blown prostate, and bifocals? Mack and the boys avoid the trap, step over the poison. . . . I think they survive in this particular world better than other people. In a time when people tear themselves to pieces with ambition and nervousness and covetousness, they are relaxed. All of our so-called successful men are sick men, with bad stomachs, and bad souls, but Mack and the boys are healthy and curiously clean. They can do what they want. They can satisfy their appetites without calling them something else. And the final paradox of all, Doc continues (a paradox which bemuses Ethan Hawley in The Winter of Our Discontent), is the fact that virtues like honesty, spontaneity, and kindness are - in the world of the machine - almost

Saturday, January 11, 2020

Grocery Retail Industry Essay

The first Tesco shop opened in Edgware, North London in 1929; although the creator of Tesco was a man called Jack Cohen who sold the first own-brand product in 1924, this product was ‘Tesco Tea’. Now 82 years on Tesco currently operates in 14 countries across the globe. The name Tesco comes from TE Stockwell who was a shared partner of the tea firm which created the tea Jack Cohen sold. Therefore taking the initials ‘TES’ from Stockwell’s name and the first 2 initials of Cohen’s surname ‘CO’ this then creates ‘Tesco’. By using marketing theories and strategies I am going to analyse Tesco as an organisation. Tesco’s current market The retail industry is a very competitive industry due to customers not always being loyal but being persuaded by price, quality and range of products. In order to gain customer loyalty Tesco’s must ensure they keep costs down and offer a wide range of products. As previously mentioned Tesco’s have stores in 14 countries, the shops are built where there are high demands and where communities allow buildings to be constructed. Location of Tesco shops Figure 1 – World map of where. Analysis Pest Analysis Using the PEST analysis (Political, Economic, Social and Technological) this will show how Tesco works within the grocery retail industry. P – Tesco works close within the local communities of their stores. A quote taken from the corporate responsibility section of the website states; â€Å"We want to be a good neighbour in all the communities in which we operate† This means that within local communities they make a long term difference and showing interest in activities around the community. By doing so this gains customer loyalty. A national political issue is the increasing rates of unemployment, due to Tesco still growing more jobs become available as a result reducing the rate of unemployment. Expand on more issues. E – Due to Tesco being a large retailer selling named branded products as well as home branded products there are able to appeal to all types of markets. As Tesco is just one of the major retailers with competition such as Asda and Morrisons, as well as the current recession, Tesco are required to be very competitive with their prices. Socially there has been an increase in fitness and healthy eating therefore products such as fruit/vegetables/smoothies etc should be on the increase but due to the financial issue at the moment customers buy pre-prepared products or frozen meals for convenience and cost. T – Tesco offers an online service in order for customers to purchase grocery shopping online via the internet which they can then get delivered. An example of a technological factor in store would be the introduction of self service checkouts which entitles a customer to scan and pay for their own shopping. Internal SWOT Analysis Strengths Weaknesses Home branded products Capacity of staff Online services Worldwide company Opportunities Threats Play area Other supermarket chains Hair and beauty salons in store Tesco food platters Figure 2 – SWOT Analysis table Strengths Home brand products – By Tesco selling home branded products they are able to make a bigger profit on products. Branded products are purchased from the producer and it is then up to Tesco to sell these on for a profit as well as keeping costs down. Any amount of profit made on a home branded product is completely profited by Tesco. Online Services – Tesco operates online and due to the internet being a massive part of economy today this is a massive strength. Tesco also offers other services such as ‘Tesco direct’ which is a catalogue shop where products can be ordered online and either collected in store or can be delivered. Worldwide Company – Tesco is known all over the world which increases acknowledgement of the store. Customers tend to trust shops with they are familiar with. Opportunities Tesco food platters – Tesco’s could offer a service of creating food platters to be delivered. This would be very successful within businesses who order buffets regularly. This could include creating different ranges of buffet which vary in price and then delivering. Sainsbury’s offer a similar service called ‘Instore party platter service’ although their buffets are to be collected in store whereas if Tesco deliver the buffets then this is an advantage above the competition. Weaknesses Capacity of Staff – Within the UK stores there are 293,676 members of staff working in Tesco Stores (figure correct as of 10/1/12 according to Tesco Plc. com). Due to the mass amount of staff employed by Tesco as an organisation the personal relationships which can be found in a small organisation aren’t likely to be present. Employees may feel like ‘just a number’ within the organisation therefore rubbing off a negative attitude onto customers. Threats Other supermarket chains – Retail is a competitive business and there are several popular supermarket chains. One of Tesco’s biggest competitors is Asda, Asda has the guarantee of ‘If we’re not 10% cheaper on your comparable grocery shopping we’ll give you the difference. Guaranteed. ’ This puts the pressure on Tesco to offer deals to keep their current customers and to gain potential new ones. Tesco also have smaller stores called ‘Tesco Extra’ which are more for convenience shopping and in smaller areas of town. Asda have now started building convenience stores named ‘Asda Supermarket’ therefore not only are Asda a competitor with the larger stores but also with the smaller stores too. Micro-environment Analysis Porters Five Forces Figure 3 – Porter’s five forces 1. Existing competitors – Tesco’s main competitors are Sainsbury, Asda and Morrisons as they are all large supermarkets. Tesco offer an online service in order for customers to order their shopping online and for it to be delivered. This is a service that Asda also offers although Morrisons hasn’t yet developed online. If these organisations have the same strategic ideas then this increases the level of competition. â€Å"Operating in a mature, flat market where growth is difficult and consumers are increasingly demanding and sophisticated, large chains such as Tesco are accruing large amounts of consumer information that can be used to communicate with the consumer† Ritz (2005) Relating to exit barrier it is difficult for an organisation such as Tesco known as a grocery retailer to move into non-food areas although they offer a range of different services within retail. In order to respond to customer behaviour Tesco is left as having to reduce its prices to the lowest possible amount. 2. Bargaining power of customers – This is very high as it’s the customers who profit the company. If a price is too high then customers may go to another large supermarket for the same product or an alternative. This may also apply if a product is out of stock. Also within a large supermarket like Tesco there are many different bands or products which leave the customer in a lower ratio than products. Threat of new entrants – It is very difficult to enter into the large Supermarket chain as it’s a limited business. Also Tesco is already set up with it’s suppliers with lower prices making it hard for a new business to find cheaper suppliers. A new business would require starting out small in order to build customer loyalty, also they would have limited stock of brands or less products yet bought as a higher price. 4. Bargaining power of suppliers – Within a small organisation a supplier would have a lot of power and demand that there products are bought at a set  price, this leaves small retailers at a disadvantage as they need to make a profit on items. Whereas with large Supermarkets they can determine what price they will pay for a product, if a supplier disagrees they are automatically reducing the product market. 5. Substitute products – In the larger stores there are many like-for-like products including own brands within Tesco which can reduce sales of products. â€Å"General substitution is able to reduce demand for a particular product, as there is a threat of consumers switching to the alternatives† Porter M. Therefore larger supermarkets like Tesco have opened their stores but to a smaller scale which offers customers many of the same popular products but a limited range. Segmentation, Targeting, Positioning (STP) Consumer Segmentation Tesco have a great advantage of finding out customer data using the Tesco Clubcard scheme. When a customer registers for a Clubcard they must fill in their basic information in order to enter the scheme. When a customer uses their Clubcard during a transaction then Tesco is able to see what the customer has purchased. After a while when a customer has made several transactions then Tesco are able to collect data about that customer and compare to see which items are commonly purchased and what brand/type of items. By doing so Tesco is able to determine the lifestyle of that particular customer and create a profile. Once this has been done then Tesco are able to provide each individual customer with the appropriate promotions and special offers so that customers can relate good prices for the products they regularly buy to Tesco, therefore staying loyal. An example of this would be if a customer bought items such as ‘Quorn’ or ‘vegetarian sausages’ then they wouldn’t expect to receive meat discount vouchers from Tesco Clubcard. Targeting Tesco targets all types of markets. Price bands – dependant upon where the store is situated – upper class, middle class, lower class will depend upon a price band. Price band 1 being the cheapest, price band 4 being the more expensive. Eg if store located in Westcliffe, would be price band 1 to keep the lower class people shopping. If store located in an upmarket neighbourhood, would be price band 4 to take more money off the upper class people for same products. Dependant upon store size will depend upon price bands also, because a larger store will have a bigger buying in margin ( where tesco will get discount off a product for buying more in bulk) where as a smaller convenience store will have a smaller buying in margin so will not be able to give the customer a discount like the bigger stores. Positioning In 1997 Tesco were known as a large retailer within the grocery retail market. They then developed the marketing strategy of becoming â€Å"as strong in non-food as in food†. 15 years on from when this challenge was set Tesco now deal in services such as; Tesco Direct F&F – Tesco Clothing range Tesco Fuel Tesco Bank Tesco Mobile Tesco Opticians Tesco Entertainment Tesco Direct – This service provides customers with a catalogue which contains Tesco’s range of Electrical appliances, home furnishings, toys and many other products. Once selected these products can either be delivered or arrange to be collected from a local direct desk. This sort of service competes with that of Argos who is also a direct catalogue retailer. Tesco Clothing F&F range – This is a difficult market for Tesco to enter into with a high entry barrier. The clothing retailer market is a very competitive business as you have the expensive designer shops ranging right down to the basic value for money clothing. Tesco tend to focus there clothing range on school clothes for children as this is something that appeals to parents. Parents aren’t prepared to spend lots of money on clothes which have to sustain a lot of wear and tear. In august 2011 Tesco promoted a back to school offer of a ? 15 bundle which includes trousers, skirt or a pinafore, a coat and a 3 pack of shirts or polo shirts.

Friday, January 3, 2020

Who Shot John F. Kennedy Essay - 4239 Words

Who Shot John F. Kennedy On November 22nd, 1963 America lost its innocence. It also perhaps lost its trust, trust in the American Government. In a gallop pole in 1960, 89% of the American population trusted the government. Since then it has dropped to less than to . That means that since the early 1960s over 70% of the population lost its trust in the Federal Government. While there may be different reasons why many people lost their trust, the most major one was probably the assassination and investigation of the assassination of John F. Kennedy. In 1963 and 1964 the US government told the American public about what happened that fateful day in Dallas Texas. They said that one crazy man, Lee Harvey Oswald, acting alone killed the†¦show more content†¦This is also how he made most of his fortune. John Kennedy had several siblings also, three brothers, and 5 sisters. His two brothers Robert, and Edward are probably the most famous. When it came time for JFK to get into politics, Papa Joe wanted his son to get into the White House. It is reported that he contacted his friends in organized crime to help him to get his son elected. One of these crime bosses, Sam Giancanna of Chicago claimed that he was responsible for getting Kennedy the presidency by stuffing the ballot box, and sinking the 10,000 votes for Nixon into the bottom of Lake Michigan. Needless to say organized crime felt as though the Kennedys owed a debt. But John Kennedy, unaware of this debt that he owed decided that along with his brother Robert, the attorney general, he would fight organized crime, and try to bring an end to it. The mob was not happy with this action. Someone that they had helped had turned against them. Papa Joe appealed to his son, to try to get him to lay off, but to no avail. The moffia was disappointed with the Kennedys, and needed to do something about their problem. In 1955 a revolutionary leader came to power in Cuba. His name was Fediel Castro. Castro kicked out the gambling crime bosses out of Cuba, angering those in the US. Castro wanted to be friends with a major power. He first tried to talk to the US. The president at the time, Eisenhower, did not come down to Cuba though. He sent hisShow MoreRelatedWho Shot John F. Kennedy?2616 Words   |  10 PagesWHO SHOT JFK The assassination of President John. F. Kennedy on the 22nd November 1963 shook America to its core. Indeed, it can be argued that America has never really recovered from the events in Dallas on that day. The weekend after the assassination, a poll showed that â…” of Americans believed there was a conspiracy – that Lee Harvey Oswald did not act alone . This remains a widely held view. For the American people, it perhaps seemed too much to bear that one man had killed the President. AsRead MoreThe Assassination Of John F. Kennedy982 Words   |  4 Pages O’Reilly and Dugard’s book, Killing Kennedy, is about the events leading to President John F. Kennedy being shot, as well as what happened after the assassination. This book also describes the rise and fall of John F. Kennedy. The authors also wrote about the Cold War, Kennedy dealing with communism, and threats of crime. January of 1961, the cold war was growing stronger and Kennedy was struggling with communism. During all of this happening, he was learning what it meant to be a president. HeRead MoreThe Assassination of John F Kennedy1477 Words   |  6 Pagesassassination of John F. Kennedy. The theories are as diverse as the outcomes of investigations conducted at the time of his assassination and continuing to present day. There are many who resolutely believe that Lee Harvey Oswald was a deranged lone gunman with no ties whatsoever to any other person or organization with regard to Kennedys murder. In fact, this group is able to cite some compelling evidence to support this viewpoint. Then, there are others who insist that John F. Kennedys murderRead Moreâ€Å"Forgive Your Enemies, But Never Forget Their Names.† –John1302 Words   |  6 Pagesâ€Å"Forgive your enemies, but never forget their names.† –John F Kennedy This quote was said by a man who was once someone that the American people would call the 35th President of the United States. John F. Kennedy was a very young President, as well as a very good looking president. Women would swoon over the idea of John F. Kennedy but also be jealous of his wife that he was married to at the time. John F. Kennedy is well known for his affair with Marilyn Monroe the world’s leading bombshell blondeRead MoreHistorical Investigation Report On John F. Kennedy1543 Words   |  7 PagesPresident John F. Kennedy sits with his wife, Jackie, in the back of a limo (O’Reilly 257). Their driver, Bill Greer, takes them through the streets of Dallas, as people crowd the sidewalks to catch a glimpse of their beloved president. President Kennedy waves as people cheer and applaud him. Then a shot rings out, followed rapidly by two more shots. The people of Dallas are horrified as they watch President Kennedy’s head jolt back, blood spattering all over the frantic Jackie Kennedy. The limoRead MoreAssassination of John F. Kennedy931 Words   |  4 PagesThe John F. Kennedy assassination is believed to be one of the most controversial and debated topics in American History. JFK was one of the most beloved presidents of our time. Other assassinations of presidents didn’t have as many Conspiracy theories compared to the JFK assassination on November 22nd, 1963. Some of the theories include a Government cover-up, Mafia influence, and Cuban President Fidel Castro (Stern). The assassination of John F. Kennedy in Dallas, Texas, raised many questions thatRead MoreThe Assassination Of President John F. Kennedy1376 Words   |  6 PagesLee Harvey Oswald and the assassination of President John F. Kennedy November 22, 1963 (Jennings), a day that changed American history, and a day that’s events still haunt the nation of freedom and liberty. Whether it be Jacqueline Kennedy’s pained cries or the hoodless limousine, a piece of this day in history lies in every American’s mind. The assassination of President John F. Kennedy, the thirty-fifth President of the United States of America (Bugliosi 11), to this day has several conspiraciesRead MoreAssassination of John F Kennedy1119 Words   |  5 Pagesthe Texas School Book Depository Building. However, did Lee Harvey Oswald, a crazy lunatic act alone in the assassination of President Kennedy. Both first – hand knowledge and visual evidence allows people to re – examine the events of this day and prove that there were other gunmen involved in the bombardment of our youngest elected president. John F. Kennedy was depicted as a nationwide hero to many Catholics living in the U.S. during the early 1960’s. He was idolized by several Americans especiallyRead MoreCauses and Effects of the Assassination of John F. Kennedy Essay1347 Words   |  6 Pages(â€Å"JFK’s†). This encouraging quote was given by a man who literally shot for the stars all the way up until the day he was shot down. While being the youngest and first Roman Catholic president, John F. Kennedy always motivated and encouraged America to strive for the best. Until a horrible silence struck the American people, he was removed from society in 1963. There were many believed causes regarding Kennedy’s death. There is the belief that Oswald shot him as a lone gun man. There are also other theoriesRead MoreJohn F. Kennedy : The Man Behind The President1561 Words   |  7 PagesJohn F. Kennedy: The Man behind the President John F. Kennedy changed America in a way in which no President had done before. His election was the beginning of a term that would be one of the most memorable and one of the most tragic in the history of United States Presidents. However, to fully understand John F. Kennedy’s term, and why it was so influential, we must first look into who he was as a person. The understanding of John F. Kennedy can be found in his childhood, his presidency, his death

Thursday, December 26, 2019

Financial Capital And Cultural Capital - 859 Words

1 As with many other forms of capital, financial capital and cultural capital can often be lacking for individuals of lower classes. Financial capital refers to wages, tangible items, and savings, while cultural capital refers to learned behaviors and outlooks often established by parents. There are â€Å"greater disparities between the wealthy and poor [in America] than residents in other developed nations (349).† The wealth of the upper class represents one third of the nation’s total wealth, and this wealth allows members of the upper class distinct advantages over those with low financial capital (349). Additionally, those with higher financial capital also tend to transfer greater cultural capital to their children. Specifically, wealthy individuals have access to quality education, healthcare, social networks and various other advantages denied to those with low financial capital. Among those advantages is cultural capital. According to the text, in opposition to their more affluent counterparts, â€Å"working-class mothers and fathers are more inclined simply to provide directives, [and are] less likely to consider conversation with children as a learning opportunity (349).† A more nurturing parenting style gives children a chance to understand the importance of confidence and expressing themselves, both valuable forms of cultural capital. Cultural capital often not provided by less affluent individuals due to â€Å"the financial and psychological stress of poverty (349).†Show MoreRelatedEssay On Sugar Relationship1493 Words   |  6 Pagesthere are many reasons as to why young men and women enter into sugar relationships with older men and women, but no reason became mor e prominent than that of financial and material reward. Sugar baby relationships provide an interesting snapshot and view of society as it is today. It highlights the need or desire to date to gain financial or material gains. It points out the increasing cost tuition and fees for tertiary education. However it also notes that whilst society has stuck a 21st centuryRead MoreGlobalization and Its Meaning Broadly Speaking, the Term ‘Globalization’ Means Integration of Economies and Societies Through Cross Country Flows of Information, Ideas, Technologies, Goods, Services, Capital,1074 Words   |  5 Pagesideas, technologies, goods, services, capital, finance and people. Cross border integration can have several dimensions – cultural, social, political and economic. In fact, some people fear cultural and social integration even more than economic integration. The fear of â€Å"cultural hegemony† haunts many. Limiting ourselves to economic integration, one can see this happen through the three channels of (a) trade in goods and services, (b) movement of capital and (c) flow of finance. Besides, thereRead MoreGlobalization Evolution703 Words   |  3 Pagescross border transactions in goods and services and of international capital flows and also through the more rapid and wide spread diffusion of technology† Charles Hill defines globalization â€Å"it is a shift towards more integrated and interdependent world economy† It has two components 1. Globalization of markets 2. Globalization of production Globalization refers to the free cross border movements of goods and services, capital, information and people. It is the process of creating network connectionsRead MoreSons Of Anarchy ( Soa ) Essay1642 Words   |  7 PagesClass is the relative location of a person or group within a larger society based on wealth power, prestige, or other valued resources. In other words, class can be defined as a socioeconomic status in which one’s capital defines their class position thus giving us a ranking of financial status. This categorization of class position is based on economic status that can be determined through income, profession, or inherited wealth. Blue collar (working class), white collar, and upper class (professionalRead MoreCollege Admissions At High End Universities881 Words   |  4 Pagesa family that is in the lower class or you come from a city where public schools are lacking in the resources to help you, than you are at a disadvantage at getting accepted. These families and cities are suffering from a lack of economic and cultural capital to make their residents into elite colleges. This means that they don t have enough money or knowledge to make it in. This leads to what is called class stratification, where people are stuck in the class they are born into. The world makesRead MoreThe Trouble with Geniuses763 Words   |  4 PagesLangen and Robert Oppenheimer were both geniuses, Oppenheimer had better life chances and more opportunities than did Chris Langan. Oppenheimer was born in a wealthy and well-known family and was in an upper social class. Therefore he had a richer cultural capital than Chris Langan because his parents taught him how to deal with adults and how to assert himself. They also encouraged him to take chances. For instance, when he has an opportunity to be a speaker at the New York Mineralogical Club, he wasRead MoreIntergenerational Mobility : From Sri Lanka982 Words   |  4 PagesIntergenerational Mobility; from Sri Lanka to Canada My father was a farmer in Sri Lanka and due to his financial situation, he couldn’t attain a proper education. After he immigrated to Canada he worked as a chef at a restaurant and he had financial stability. As a result of an unforeseen car accident, he lost his well-paying job and he works currently as a janitor for minimum wage. I might experience intergenerational mobility as I am currently studying in university with aspirations to becomeRead MoreThe Between Economic, Social And Cultural1463 Words   |  6 Pagessome people it’s about what you ‘have’ and who/what you ‘know’. When classifying Capital, it is important to note that there are three forms of Capital - Economic, Social and Cultural. To participate in games, we need certain equipment specific to the game. The ability to participate in fields requires forms of cultural resources, or ‘capital’ that are specific to the various fields. The distribution of such capitals is intrinsic to what defines a field. Therefore, a social location is always bothRead MoreMncs Can Raise Capital Through Bank Loans, Credit, Bonds, And Credit Card Debt755 Words   |  4 Pages1. MNCs can raise capital through bank loans, personal loans, bonds and credit card debt. This method is a debt capital. The cons are it bring additional burden of interest, which is the cost of debt capital. In addition, the payments must be made to lenders. The pros are the cost of debt capital tend to be lower than the cost of equity capital. MNCS can also raise capital through equity capital, which is from the sale of shares of stock. The pros are that the company do not need to repay shareholderRead MoreWhat Role Does Education Play On Social Equality Or Inequality?1643 Words   |  7 Pagesform human capital that will benefit society as a whole; ultimately, this will diminish the disparities of wealth and power by allowing the less fortunate an opportunity to add meaning into society. Yet education may be illustrated as the means of equalization, it has been argued, that the purpose of education is unsuccessful; instead of overcoming closing the wealth gap, there are substantiation that it actually reinforces it. In Pierre Bourdieu’s theoretical paper, â€Å"The forms of Capital†, the topic

Wednesday, December 18, 2019

Essay about Financial Analysis of Anz and Nab - 2581 Words

|–– | |[Financial Analysis of ANZ and NAB | | Group Assignment | | | | | | | |†¦show more content†¦However, a lower P/E ratio can also be generated with one-off abnormal earnings (Phan, 2011). In 2008, share prices dropped mainly due to the US sub-prime crisis, which started in 2007 (Lixi, 2008). This had a huge impact on the P/E ratio for 2008, which is slightly below the threshold of 10 times. The P/E ratio for ANZ was higher than NAB in 2009 and there was lesser fluctuation in ratio. Share prices tend to rise with improved economic conditions, and with stimulus packages being distributed all over the world, there was uplift in the global economy, hence driving share prices (Larsen, 2012). However, falling earnings over 2009 caused both P/E ratios to rise. NAB’s P/E ratio increased a significant amount and overtook ANZ’s. Over the 5 years, NAB’s P/E ratio fluctuation is observed to be consistently higher than ANZ’s. Moreover, NAB’s higher P/E ratio might be due to investors’ high expectations, which were not supported by earnings. The P/E ratios returned to a more normal course in 2010 due to improved earnings (See Appendices 1). In 2011, earnings were higher than in 2010 but the drop in market share price caused P/E ratio to decrease again. This drop might be linked to concerns over the uncertainties around sovereign debt in Europe. 2) Return on Equity (ROE) According to Forbes,Show MoreRelatedEvaluation Of The Current Liquidity Management Essay2081 Words   |  9 PagesExecutive Summary This report provides analysis of the current liquidity management in banks. Methods of evaluation include peer, trend and horizontal analysis such as ratios, principle and regulations. In the first part, we analyze the differences between liability liquidity management and asset liquidity management and explore the features an effective liquidity management system should possess. Then we compare liquidity ratios of four banks in Australia to examine their performance on liquidityRead MoreCompany Supply Chain Analysis Report for Nab3082 Words   |  13 PagesSupply Chain Analysis Report for NAB Executive Summary The intent of this report is to analyse the practice of supply chain management in National Australia Bank (NAB). The sources of information for this report are from academic readings, internet news and NAB websites. Logical thinking and supply chain process mapping are the tools used to analyse NAB supply chain management practices. The raw material and products chosen to analyse is money. The analysis concluded NAB money productRead MoreWestpac Pestel Analysis+Recommendation740 Words   |  3 Pages1. Westpac PESTEL analysis 1. Political and Legal analysis There are huge amounts of regulations and laws supervising the banking system in Australia. In this paper, we focus on one important and famous regulation: ‘four pillars’ policy. Basically, the ‘four pillar’ is a specific Australian policy to maintain the separation of ‘big four’ banks including Westpac and to prevent any merge and acquisition among these four banks (1997) .In terms of the report from both TUNSTALL (2007) andRead MoreFundamental And Economical Swot Of Commonwealth And Nab Bank Essay1855 Words   |  8 PagesExecutive summary 3. Introduction 4. Body I. Macro Analysis II. Micro Analysis 5. Conclusion 6. Recommendation 7. References Fundamental and Economical Analysis of Commonwealth and NAB bank Executive summary This is an economic strategic record, which is divided into three components. Section A describes and introduced Commonwealth Bank and Nab Bank concerning the mission, current price methods and the market definition of the Commonwealth Bank and Nab Bank. These banks are the top four biggest banksRead MoreNational Australia Bank Essay3858 Words   |  16 PagesAustralia, for education, business or any other purposes, one of their first concerns is always which bank/s are the most trust-worthy. For those who know the answer to this question, a typical response would be, â€Å"any of the big four†, which includes the ANZ Bank, Commonwealth Bank of Australia, Westpac Bank, and the National Australia Bank. National Australia Bank is often mentioned as one of the â€Å"Big four† in the banking industry in Australia today. It has one of the highest stock values of all banksRead MorePorter 5 Forces Analysis1011 Words   |  5 Pages------------------------------------------------- Date: 10th May 2013 Porter s 5 Forces Analysis of the Retail Banking Industry in Australia Retail banking can be defined as an industry where financial institutions offer mass market banking in which individual customers use local branches of larger commercial banks. Services offered include savings and checking accounts, mortgages, personal loans, debit/credit cards. Retail banking aims to be the one-stop shop for as many financial services as possible on behalf of retail clients.Read MoreReport on the Situational Analysis for Commonwealth Bank of Australia(Cba)1207 Words   |  5 Pagessituational analysis in CBA. This analysis is important part of marketing plan. All business needs to take action which helps them keep good position on the market. Before taken any action analysis has to be made. Answers and data which were obtained during analysis can help chose strategies, which help achieve objectives. At the beginning will be presented brief history of CBA. The Commonwealth Bank of Australia (CBA) supports sector with their following industries such as banking, financial and investmentRead MoreThe Central Bank Of Australia1071 Words   |  5 Pagescontrol a strong financial system and productive payment system, and last but not least issuing bank’s notes. On the other hand, the Central Bank delivers banking services to overseas central banks and others institutions. Also managed the gold and the exchange reserves from the country. Today, the Central Bank runs by the voice of Glenn Stevens, Governor, with an interest rate target of 2%. Bank Regulation Australia has two mainly agencies that regulates all the financial institutions forRead MoreThe Pre Basel IIi Requirement For Major Banks1950 Words   |  8 Pagesrequirement for major banks is APS 210. APS210 requires financial institutions liquidity must suffice for two operating scenarios: going-concern scenario, to model the expected behavior of CFs in the ordinary course of business for at least 15 months; and bank-specific name crisis, which requires available liquidity to keep the bank operating for at least five business days. According to APRA, HQLA include cash, bank bills and CDs issued by financial institutions and at-call deposits (APRA, 2008). NoticeablyRead MoreEssay about Anz Offshoring Strategy4554 Words   |  19 PagesANZ | OFFSHORING Background This strategic report of ANZ’s offshoring strategy examines the effectiveness and drivers of ANZ’s decision to move towards outsourcing internationally, analyses the impact of ANZ’s offshore programs on stakeholders, explores key risks and opportunities and evaluates the success of ANZ’s offshore system. A | Strategy Analysis February 2012 saw ANZ confirm job cuts to 492 permanent employees, 100 of these positions to be moved overseas. In early 2013, ANZ again

Tuesday, December 10, 2019

Informatics Transaction Processing System

Questions: 1. Discuss how an information system, of your choice, works (take a case) and how such a system can enhance a companys performance.2. Identify the challenges that informatics can present to organizations and societies technical, cultural, and ethical. Answers: 1. Presently the information system is the most common concept for developing the economic growth as well as improving the structure of the organization. In todays business world, various type of information systems such as expert system, decision support system, transaction processing system, management information system and office automation system. This system has a different role in an organization hierarchy and their operation. Now the impact of the information system is being defined through the evolution of information system in the Walmart (DeMarco, Paul Kilpatrick, 2015). Presently Walmart has enhanced their business as the biggest retailer all over the world. They have earned $15.2 billion on sales of $ 443.9 billion in 2012. This retailer presently serves 200 million clients in seven days this kind of success achieved by their supply chain management system. The Walmart implemented this information system in the mid-1980s, which allows the direct access to their inventory levels as well as information regarding sales of their at any store. This information system allows the supplier to analyze the sales record of their product, this information is generated by a range of reporting option (Pearlson, Saunders Galletta, 2016). This advance option provides the advancement in terms of managing their inventory levels. If any supplier thinks that their product is selling out very quickly, then they can inf orm the Walmart for raising their inventory level. According to this study, it can be assumed that this kind of significant process to inventory management has given the allowance to the supplier and Walmart to carry out the respond towards the market forces and drive the price down. 2. Technical Challenges: The use of informatics have resulted in giving rise to some technical challenges for Walmart. The information system had become complex, and it has increased the probabilities of making errors. The information data for the operations of Walmart is huge in number. Apart from it, the use of informatics would also lead to increase in time taken for deploying the system (Pearlson, Saunders Galletta, 2016). Hence, the management of such amount of information would give rise to some technical mistakes or errors. Cultural Challenges: The use of informatics would give rise to some cultural problems in Walmart. The employees who lack the knowledge of using the informatics would be terminated from the organization. The overall interaction among the employees while transferring the information would be nullified, as the information and data can be transferred easily by using the informatics system (DeMarco, Paul Kilpatrick, 2015). This lack of interaction would give rise to cultural differences and growth of tension among the workers at the organization. Ethical Challenges: The use of informatics for the operations of Walmart would also generate some ethical issues. The informatics had also provided chances for the growth of technology for misusing the information stored at the informatics database. The hackers and the cyber criminal could hack the system and extract information from the system by using the advanced tools and techniques. The data and information might be misinterpreted for harming the flow of operations of Walmart. Moreover, the rival companies can use the stolen information for capturing the market and gaining supremacy over the Walmart. Reference DeMarco, S. S., Paul, R., Kilpatrick, R. J. (2015). Information system technologies role in augmenting dermatologists knowledge of prescription medication costs. International journal of medical informatics, 84(12), 1076-1084. Pearlson, K. E., Saunders, C. S., Galletta, D. F. (2016). Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley Sons.

Monday, December 2, 2019

Why Canadian Unity Matters and Why Americans Care an Example by

Why Canadian Unity Matters and Why Americans Care About the Author Charles F. Doran has long been interested in the effects of social theories with regards the regaining of peace and security within the different stretches of the world. In this case, Canada has become one of his focused elements that naturally give him the idea of possibly being able to see the different effects of globalization toward the worldwide dream of having peace and security. In his book Why Canadian Unity Matters and Why Americans Care, he actually shows that there are different impacting issues between the political standing of both countries that actually affect their views with regards the rightful way of living in terms of realizing the importance of unity within the society. Need essay sample on "Why Canadian Unity Matters and Why Americans Care" topic? We will write a custom essay sample specifically for you Proceed About the Book Charles Doran actually professed that the [political situation that is exists around the world affects the human systems accordingly with an interconnected impact on their lifestyles and continental political bearings. The idea of democratic pluralism is then highly focused upon within the book of Doran. This is primarily because of the argument that he wants to prove with regards the effectiveness of relational effect that political equality brings towards the aims of being united amidst the major fact that communities today are widely considered to have diversified populations making them up. Contents and Summary The average citizen of the United States is aware of certain facts about Canada, the vast country that lies to Americas north. But his information may not go much beyond knowing that there are descendants of the British, French and Americans living there, that they see the northern lights, and that the Mounted Police always get their man. If he is old enough he may have heard about the Dionne quintuplets. One of such facts the average American assumes is that for the past two centuries Canadians as a whole have loved Americans. Indeed, he may feel that Canadians would no doubt have been willing to become a part of the United States if the British or Canadian governments would have permitted it. But is this the way it really was? A consideration of history from Canadas viewpoint reveals many things generally unknown or ignored by most Americans. For instance, Americans would find it difficult to believe that Canadians do not always think so kindly of their neighbors to the south. This is because most Americans fail to remember, if they ever knew, that the first English-speaking Canadians were Loyalists.These Loyalists were people who chose to remain loyal to British rule when the thirteen American colonies rebelled against England in the 1770s. While the colonists regarded their action as a rebellion against tyranny, the Loyalists regarded it as a rebellion against the established law and order. Again, it depended upon whose ox you were considering. Anti-British mobs tarred, feathered and sometimes even murdered the Loyalists, who were forced to flee, literally for their lives. They went to Canada. In most cases they lost their personal property and lands, which were confiscated and never paid for. The approx imately 50,000 or more Americans who chose to support the government of England understandably did not like or trust the country from which they had to flee. And the events of the next one hundred years did little to change their minds. Americans twice invaded Canada, and on at least two other occasions it was the victim of attacks based in the United States. The people who fled, who resented, and remembered are the forefathers of many present-day Canadians. While they no longer have the same fears, some resentment still remains. Thus, the events that have taken place on the North American continent have been viewed quite differently, according to who was doing the viewing. But, then, is it any other way elsewhere? Is it not true that every nation interprets history according to its own interests? Almost always the view is similar to the one declared by a famous American: My country, may she always be right; but my country, right or wrong. Such attitudes in all nations have been responsible for much hostility and bloodshed. Indeed, history is filled with the sickening reminders of such misunderstanding and blunders under mans rule. How obvious it is that human government, however well intentioned, is simply incapable of providing a system that brings true liberty, justice and equality for all. Although history itself attests to the fact that the American-Canadian relationship has primarily existed within the war years, Dorans book further points out that the current relations that Canada and America has towards the neighboring countries are rather a proof that both countries have moved on towards the betterment of both their political and social systems. Thus, today, the systems of both countries are directly interrelated that they are considered as the closest neighbors there are that amidst the major decay that history has implored upon their political understanding as they are experiencing today, both governmental administrations of both countries were able to overcome the deafening effects of the past with regards their present civil relationship. This is the reason why Doran pointed out that whatever political standing Canada has; the American society is directly affected as the mater obviously is involved with the major political implications of the United States. Considering this fact, it may as well be well understood that the application of democratic pluralism within the political systems of Canada should be well recognized by the United States as it may as well help them in attaining their dream of a more unified America that naturally gives them the stronger stand that they need in the global society of economy and trade, especially considering the fact that they are in dire need of dealing with highly diversified human population at present. Further Comments and Overall Reaction As a well-versed writer with regards the topics that he handles through the subjects he presented through his book, Doran was able to present the situation he wants to show in a much balanced idea. Whereas, he sees the two different communities as different countries having different standings when it comes to political issues as well as social dealings, yet are having considerably impacting effects to each others existing system of living within their own societies. Understandably, making the ends meet is the major aim of Doran in publishing his book. The use of authenticated sources has validated the informations that he shared through his writing. All the more, the use of the historical background of the relationship of both countries has actually marked a better state of acceptance for the fact that each government from both sides of the party impacts the other as changes are implied within their own communities specifically when dealing with human diversity. Moreover, it could be noticed clearly how the voice of the author made his writing convincing thus showing his knowledgeable state with regards the issue that is being presented through the reading. Overall, it could be considered that Dorans book is indeed a fine read for all those interested on the possibility of having political issues and political systems interact with each other because of the existence of the global neighboring scene. Reference: Charles F. Doran. (2001). Why Canadian Unity Matters and Why Americans Care: Democratic Pluralism at Risk. University of Toronto Press.