Tuesday, February 25, 2020

Business report of Barclays in India Essay Example | Topics and Well Written Essays - 2000 words

Business report of Barclays in India - Essay Example Barclays Bank became a major player in the retail banking industry in India shortly before the economic crisis wherein credit policy was loose and tempting for consumers. This study details the strategies used by Barclays Bank with the purpose of investigating whether these strategies are sustainable or whether they need further enhancement or policy decisions for improvement. Methods used for analysis are evaluation of environmental analysis of factors affecting Barclays’ operation in India. Using the PEST and Porters 5 forces of competitive analysis, study is able to view external factors that act as barriers for the operation of the bank. Likewise, the study looked at the sustainability factors that are internal to the operations of the bank and is able to infer the strengths and weakness in its operations. Result of analysis could be used as benchmark information for future plans of the bank. Introduction Barclays bank targeted the under-served population of India in its e ntry to the retail banking system of the country. Barclays believe that the â€Å"unbanked† sector is a great potential for marketing its innovative banking products. Since this is a great challenge for Barclays Bank, it is worth investigating if this strategy has been sustainable. In this report, the strategic approaches taken by Barclays Bank to enter the retail banking system of India will be analyzed and criticized. The industry life cycle and the theory of Porters five forces will be used to better understand the industry context in which the bank operates. The value chain and the competitive position of the bank will also be examined in order to arrive at a decision on whether to carry on with the operations or what needs to be developed some more. 1. Analysis of the environment 1.1. Life cycle of the banking industry in India An industry life cycle has been defined as a period of time from the introduction of an industry to its decline and stagnation. Typically, an ind ustry life cycle is described in the illustration below: The industry life cycle is depicted as a period where the industry has a beginning, followed by the growth, maturity and final phase of decline. (Financial Dictionary) Relating this to the industry life cycle of the Indian banking industry, records show that the banking industry in India is already in existence for about 200 years, but it has been subjected to various reforms. Before the nationalization of its banks took place in July 1955, banks in India were held by the private sector that was characterized by weaknesses, lack of capitalization and systemic deficiencies. Banking system at that time ignored the credit requirements of the agricultural and other needy sectors. Growth in the Indian banking system started when the government nationalized the State Bank of India, followed by nationalization of SBI subsidiaries in 1955, 14 major banks in 1969 and nationalization of 7 other banks with deposits over 500 crores in 198 0 (India, Finance & Investment Guide). The third wave of changes in India occurred in 1991 when the government allowed entry of new foreign entities to join the banking industry. 1.2 PEST Analysis Political. The bank sector of India is governed by the Reserve Bank of India. It is the sole agency that issues banking licenses, devising guidelines and regulations, specifies lending rates, reserve and liquidity ratios to commercial banks (Banks in India) The

Sunday, February 9, 2020

Needs Analysis of Microsoft Corporation Research Paper

Needs Analysis of Microsoft Corporation - Research Paper Example At the point when the event is harmful, some inspiration or objective of the hackers must be determined and addressed through the most appropriate measures. For example, the goal could be aimed at upsetting ordinary business operations, consequently denying information accessibility and production. Microsoft has been a leader in the design and programming of computer software, including operating systems and software applications. However, the future of Microsoft, as said by Steve Ballmer, the company’s CEO, is that of both a hardware and software corporation. According to the CEO, in about five to ten years, the company will be a manufacturer of devices as an addition to its software services and applications. The hardware, which the company is expected to manufacture in the future, includes Windows 8 Surface Tablets. In addition, it is postulated that the company will produce Windows 8 Smartphones. The entry into the mobile phone and telecommunication industry by Microsoft is likely to shape or change the competitiveness of this industry to a large extent hence the need for security. This clearly shows that Microsoft Corporation requires adequate security measures. Most firms such as Microsoft Corporation are on the look for superior and successful ways of managing their safety infrastructure. Nonetheless, technological advancement is a human innovation, but it surpasses human control. This is why most companies are afraid of security threats brought about by change while at the same time; they have to embrace technology as a means of improving their sales. Network threats and attacks are some of the challenges facing security personnel in various industries. This has pushed security operators to consider using complex systems or models to ensure compliance. In addition, these security threats call for stringent and network-wide security policies. The reason why most companies consider using sophisticated

Thursday, January 30, 2020

Psychology of Racism Essay Example for Free

Psychology of Racism Essay In 1892, a shoe maker named Homer Plessy from New Orleans Louisiana was arrested for refusing to transfer to a railroad car designated for the dark-colored population in the East Louisiana Railroad after he sat in a first class railroad car meant for the white-skinned constituents of the state. Plessy appealed that he should be considered white since only 1/8 of him was African American as it was substantiated in his heritage. According to him, by forcing him to transfer to a different car, the authorities were violating the 13th and 14th Amendments of the United States Constitution which impedes slavery and segregation. From local custody to Supreme Court, Plessy was tried and accused of civil disobedience (Elliot, 2009). The arbiters of the court exhibited linear cognition which disregarded Plessy’s plea of violation of rights and obstinately favored Luoisianas claim that they did not violate such Amendment of the United States Constitution since they have the right to imply regulations and policies in railroad stations that are within their state. The case was denied of opportunities to be studied sufficiently as the justices esteemed and acknowledged that the act of separating the races under impartial rights should be abided, setting aside the sentiments of the colored inhabitants. II In South Campton County Virginia, a group of African American slaves initiated a rebellion that killed about 57 white men, women and children before the military forces and a number of armed civilians were able to arrive and take control. Angered by the murder of almost more than 50 innocent lives, vigilantes eradicated dozens of slaves who were not involved in the insurrection and exiled hundreds of free colored people from their land. The leader of the insurrection was a literate African American slave named Nat Turner who claimed he saw visions of God telling him to commit this act of violence, and with his extraordinary power of persuasion, he was able to compel other slaves to join him. After Turners surrender on October 30, 1831, he and his men were executed. (Bernier, 2010) Following the death of Nat Turner, a year of debate relating to the status of the African American slaves congested the Virginia General Assembly. Although it was considered that they should be relieved from their abject duties as slaves, a systematic arrangement for their freedom was never formed. Nat Turners act of rebellion caused that an anti-literacy law be passed which diminished the African American slaves freedom to communicate and have the opportunity to be educated, thus, almost completely mutilating their already restricted rights. From that historical event which became known as Nat Turners Rebellion or South Campton Insurrection, it can be analyzed that it might not only be a visionary or a delusioned mans whim that caused such barbaric deeds but possibly an act or cry for liberation. Unequal treatment, enslavement for the rest of a mans life and forced labor for very minimal or no wage at all, these are acceptable factors that can be considered as parts of a motive for the rebellion in South Campton. III In 1803, a British convict settlement was established in a Tasmanian aborigini inhabited island called Van Diemens Land. A total of of 65,000 convicted men and women were settled in the island of which most of them were cruelly traumatized and extremely violent. Due to the incompetent procedure of punishment, convicts were able to take flight into the Tasmanian hinterland where they exerted the fullness of their brutality and thirst of blood upon the aboriginis of the island (Turnbull, 1948) Symbolically and appropriately, this event in history can be described as a case of rape as the innocent aborigines were violated of their rights and freedom to live accordingly. Not only were they conquered and treated as slaves in their own land but they were exterminated and murdered like animals. They were robbed of their privilege as humans and left their race at the brink of their extinction. References Bernier, C. M. (2010) Slave Heroism in the Transatlantic Imagination. New York: Routledge, Taylor Francis Group. Elliot, M. (2009) Color Blind Justice: Albion Tourgee and the Quest for Racial Equality from the Civil War to Plessy v. Ferguson. New York: Oxford University Press, Inc. Turnbull, C. (1948) Black War : The Extermination of the Tasmanian Aborigines. Melbourne:

Wednesday, January 22, 2020

The European Union (EU) vs the North American Free Trade Agreement Essa

The European Union (EU) vs the North American Free Trade Agreement Introduction The European Union (EU) is the organization which integrates the countries listed below, both politically and economically. It is a customs union, which is an agreement amongst a group of countries to eliminate trade barriers between them on the movement of goods, services, labor and capital, and also to establish a common external tariff on goods and services coming into the union. The EU evolved from the European Coal and Steel Community (ECSC), which was formed in 1951 as a response to the First and Second World Wars to try to ensure future peace in Europe. This became the European Economic Community (EEC) in 1965, which in turn became the European Union in 1992 following the signing of the Maastricht Treaty. The North American Free Trade Agreement (NAFTA) has brought economic growth and rising standards of living for the people of all three member countries since 1994. As well, by strengthening the rules and procedures governing trade and investment throughout the continent, NAFTA has proved to be a solid foundation for building Canada’s future prosperity. NAFTA has enabled both Canada and Mexico to increase their exports to the United States: Canadian manufacturers now send more than half their production to the U.S., while Mexico’s share of the U.S. import market has almost doubled from 6.9% in pre-NAFTA 1993 to 11.6% in 2002. Manufacturers in all three countries are better able to realize their full potential by operating in a larger, more integrated and efficient North American economy. In 2002, Canada was the most important destination for merchandise exports from 39 of the 50 U.S. states. Relevant Sections Trading Blocs .. ...ading blocs: the growth of regionalism in the world economy’, New York: John Wiley & Sons. Hopkinson, N. (1992) ‘Completing the GATT Uruguay Round: renewed multilateralism or a world of regional trading blocs’, Wilton Park Paper No. 61 London. Hunt, D. (1989) ‘Economic theories of development: an analysis of competing paradigms’, New York: Harvester Wheatsheaf. O’Brien, R. (1992) ‘Global financial integration: the end of geography’, London: Pinter. Preeg, E. M. (1989). The GATT trading system in transition: an analytic survey of recent literature. The Washington Quarterly 12, 201-213. Schott, J.J., ed. (1989) ‘Free trade areas and U.S. trade policy’, Institute for International Economics, Washington, D.C., p. 59 United Nations Conference on Trade and Development (UNCTAD) (1999) ‘Handbook of Trade and Development Statistics’, Geneva: United Nations.

Monday, January 13, 2020

Khalifa Ali

IntroductionAli was born to Abu Talib himself a renowned Quraish chief and custodian of the Holy Kaaba. Abu Talib’s father, Abdul Muttalib was the son of the great Hashim. Ali’s mother was Fatima, daughter of Asad who too was a son of Hashim. Fatima was a cousin of Abu Talib. Thus both of Ali’s parents were Hashemite, which was considered quite prestigious.Ancestry of AliThe Holy Prophet Muhammad (Peace Be Upon Him) was Abdul Muttalib’s grandson. His father Abdullah was Abu Talib’s brother, which therefore made Abu Talib the prophet’s uncle and Ali his first cousin.Birth of AliAlthough his exact date of birth is not confirmed tradition says, Ali was born on the thirteenth of â€Å"Rajab† in the 28th year of the Elephant Era (whose commencement is marked by Yemen’s ruler Abraha’s failed attempt to invade Makkah and destroy the Kaaba) The Holy Prophet of Islam was born in the Year of the Elephant which according to scholars corresponds to the year 571 A.D. If we calculate then, Ali must have been born around 599 or 600 C.E.His birth was quite an unusual one. That day, his mother Fatima visited the Kaaba for pilgrimage. It was during her pilgrimage that she felt maternal pains and retired to a corner of the Kaaba and that is where Ali was born. Thus, Ali had the unparalleled honor of being born in the House of Allah bestowed upon him.The NameLegend goes that when Ali was born the Holy prophet and his wife Khadija came to see the infant. That the little boy had not yet opened his eyes was a matter of great worry for everyone. But when the prophet Muhammad held him in his hands young Ali opened his eyes, making the prophet the first person he saw after birth. The Holy Prophet named him ‘Ali’ the derivative of Allah, since he was born the Ka’aba.Physical AppearanceAli was of a moderate height. He held a gracious face which reflected his personality. His facial features were striking wi th a straight nose and a beautifully formed mouth. He possessed commanding eyes, full of light and luster.   It was as if rays of spirituality   beamed through him , and there was a certain sense of personal magnetism that attracted people towards him. As a young man, Ali was handsome, while in his later age, he became bulky with his gray hair of the head giving way to baldness. His beard, which was often dyed red, remained thick and luxuriant.Marriage of AliInitially when the Holy Prophet migrated to Yathrib he went alone but later Yathrib was named ‘Medina’ in his honor and he called his family and other Muslims there as well. At that time the prophet’s beloved wife Khadija had expired and he had married a woman called Sauda. A year later, he married Abu Bakr’s ( Islam’s first Caliph’s)daughter Ayesha. The Holy Prophet’s youngest daughter Fatima was also old enough to be married by that time. Abu Bakr and Omar both asked for her hand in marriage but there was no answer on the part of the Holy Prophet Muhammad.In those simpler times, age differences were not a concern in marriage. Khadija had been fifteen years older to Muhammad and he himself was much older to Ayesha at the time of marriage. It is thus important to note that this was not the reason the Prophet Muhammad remained silent to these proposals but it is reasonable to conclude that he was waiting for God’s approval and guidance in making this decision. After the Battle of Badr, it was Ali’s turn to ask for Fatima’s hand in marriage and he did so. The Holy Prophet replied that he needed Fatima’s consent. When he consulted Fatima she remained silent, a   sign of approval. The prophet also received a revelation signifying Allah’s approval of the marriage. Both families also mutually agreed.The marriage of Ali and Fatima is said to be the perfect one. Indeed two pure and blessed souls unified and bonded together. Ha fsa, a daughter of Omar and later a wife of the Holy Prophet described Fatima as an exemplary woman, one who’s face shone like the moon and who married a man with a superior personality.Induction of Ali as a member of the family of the Holy ProphetWhen Ali visited the Holy Prophet from the desert where he had been living, the occasion was also attended by a close few including Abu Talib and his family. The Holy Prophet loved Ali very much so much so that he requested Abu Talib to place Ali under his care. Abu Talib agreed to entrust Ali with the prophet because he knew he would care for him better than anyone else could.It is believed that the Holy Prophet did this to relieve Abu Talib’s increasing financial worries. However, this view seems to be untrue because Abu Talib was a Quraish chief and a trader. And had he been in any financial trouble the trouble he prophet would surely have helped him. Therefore it seems that it was because of the prophet’s fondness of Ali that he took him under his responsibility. Abu Talib would often visit and Ali would meet his parents everyday. The Holy Prophet kept Ali as a younger brother with much affection.Companionship of the Holy Prophet:The period of Ali's life which was spent with the Holy Prophet can be termed as the period of education and action. It was during these 32 years, from Ali's birth till the demise of the Holy Prophet, that Ali received his education under the loving care of the Last Prophet of Allah; embedded in himself the values of Islam; and acquired all the attributes that contribute to greatness. After the migration to Medina, he came to be known as a valiant soldier. His spoils in the battles of Badr, Uhud and the Ditch and his awe inspiring success at Khyber earned him the title of â€Å"Lion of God†.   He acted as the Governor of Yemen, and acquired good deal of experience as an administrator and judge, acquiring fame for his wise and well reasoned judgments.The First Three Caliphs and Ali:At the time of the demise of the Holy Prophet, Ali was a young enlightened, experienced, wise and valiant man. Despite all his qualities, Ali was passed over in the election for a caliph, as Abu Bakr took the state of affairs under his control. Ali would have to wait for 24 years before he could hold the office of caliph. During these years, Ali acted as an adviser to the caliphs in office. This was a period of inaction and contemplation, inaction on the political front as Ali kept aloof from politics and contemplation on the spiritual front as this period of Ali’s life was spent mostly in seeking spiritual perfection through prayer and remembrance of God.The Caliphate of Ali:Following Uthman's assassination, Ali took office as the next caliph of the Islamic empire. His term was a short one, marred by political upheaval, defections of close aides and civil war.   Ali was accused of involvement in the assassination of Uthman by Amer Muawiya, who mounte d an anti Ali campaign. The results were the Battles of the Camel, Siffin and Nahrawan. During the course of these battles, many of his closest aides betrayed him and defected. The list of betrayals is long and includes Ali's brother, cousins, mother in law and the whole cities of Medina and Basra. The Kharijites who had originally supported Ali also seceded and Ali was finally martyred by a Kharijite.Ali's concept of GodIn his various sermons, Ali has dwelt upon on the various attributes of God in a skillful way. Extracts from some of his sermons are as follows:   Ã¢â‚¬Å"All praise is due to the creator of the world whose wisdom is hidden. The various subjects of nature openly confirm his existence. He is not surpassed in strength and superiority. He is the nearest to us. No one can be nearer to us than He.His distance height has not segregated Him from His creation, and His nearness has not established His equality with His creation. He is that sublime and matchless Being in com prehending when the intellect cannot reach the bottom of His attributes, yet nothing prevents a person from comprehending Him. He is that being whose existence even an atheist feels in His heart of hearts. Undoubtedly God is free and sublime and bears no comparison with anyone, then how can anyone have the audacity to deny Him.†Father of SufismAli's religious devotion and nearness to God has earned him the title of â€Å"Father of Sufism†. Most of the Sufi orders claim their descent from Ali, and according to Ali Hajjweri, Ali is ranked very high in the line of Sufism.   Ali is considered the Shaykh as regards the principles and practices of Sufism, as stated by Junayd of Baghdad.Communion with GodAt times, Ali would pray the whole night sobbing out of love and fear of God. For Ali, the purpose of knowledge was to awaken the spiritual faculties that every man possesses which in turn enable man to find his true and inner self.   Ali observed that man could only enjoy communion with God if he would stop being proud, embody discipline, overcome his lust and submit to the Will of God.He stressed on the people in his various sermons to lead a simple and pious life and not to indulge blindly in the pleasures of the world as the case was before Islam.. Ali said, â€Å"Man is a wave in the boundless Sea of God. As long as man's vision is clouded by ignorance and sensuality he will consider himself a separate entity, different from God. But when the veil between him and God is lifted, he will then know what he really is, the wave will then merge with the ocean†.Ali on the Spiritual Front:Ali was a wealth of knowledge. Several of the traditions (Ahadith) of the Holy Prophet are narrated by him. He was one of those companions of the Holy Prophet who used to learn the verses of the Quran as they were revealed. Later, after the death of the Holy Prophet, Ali also used to give sermons. In one such sermon, he explains the attributes of God with skillf ul oratory. Excerpts â€Å"All praise is due to the creator of the world whose wisdom is hidden. The various subjects of nature openly confirm his existence. He is not surpassed in strength and superiority. He is the nearest to us.No one can be nearer to us than He. His distance height has not segregated Him from His creation, and His nearness has not established His equality with His creation. He is that sublime and matchless Being in comprehending when the intellect cannot reach the bottom of His attributes, yet nothing prevents a person from comprehending Him. He is that being whose existence even an atheist feels in His heart of hearts. Undoubtedly God is free and sublime and bears no comparison with anyone, then how can anyone have the audacity to deny Him.†In another sermon, he reflected on the transitory stature of this world by remarking â€Å"For the wise, the world is a shadow, which may appear at one moment, and soon disappear.† In another sermon he makes pr ofound remarks by stating â€Å"Many men buy clothes, which instead of being worn by them are used in their coffin. Many persons build houses that instead of becoming abodes become their graves. No one has lived forever in this world, and no one has invented such a medicine which may make men immune from the clutches of death†. In another sermon, he discusses heaven and hell, stating his anxiety on man's subservience to lust, the excess of his longings. In yet another sermon, he termed the world as superficial, mortal and perishable.ConclusionShakespeare once remarked â€Å"Some people are born great, some achieve greatness while some have greatness thrust upon them†. As far as Ali goes, he achieved greatness through his excellent education under the watchful eye of the Holy Prophet, his absorption of Islamic teachings and virtues, his thirst for knowledge, bravery on the battlefield and the spiritual perfection that he embodied. Greatness need not be confused with suc cess. From the political point of view Ali may seem like a failure that was unable to quell the civil strife that raged his people and was eventually slay Ed. Instead Ali's greatness is of an unworldly nature for he set out to spiritually perfect those around him, in times of affluence and wealth.Ali was a man of remarkable qualities and principles. His personality embodied an unusual mix of spiritual perfection, bravery, knowledge and humbleness. He was one of those few people of his time, who could stare in the eyes of death so much that even death would start fearing of him He was an administrator, a judge, a philosopher, a statesman, a general and above all an exemplary for those seeking spiritual perfection.

Sunday, January 5, 2020

Inside Information The Enron scandal in 2001 - 1877 Words

The use of insider information is illegal in the United States. Insider information is stock related information that can be obtained many ways to gain large, abnormal gains in the stock market. A popular way to gather inside information is from direct employees of the company. Information on stocks can either be illegal or legal. If the information is publicized for all current or future investors to use, then it isnt illegal. Illegal information becomes unlawful when it becomes privatized from the public, and to be only used by investors in the stock market. The action of using insider information isn’t considered illegal until the information is used in a stock market located in the United States, most commonly the New York Stock†¦show more content†¦If it were legalized, then Chiarella would of continued invest without any problems. There have been times when the government took the liberty to supply a beginning investor with ways on how to invest ones money wisel y. Alan D. Jagolinzer, from the Standford Graduate School of Business took the liberty to advise the public on how to invest without getting into legal trouble with the US government. Jagolinzer goes on to say, â€Å"One should not observe abnormal trade returns if participants comply with the rule’s proscription that trades be planned absent private information† (Jagolinzer). This quote from his article titled, SEC Rule 10b5-1 and Insiders’ Strategic Trade, illustrates that one should not have abnormal gains if they comply with the rules. If insider trading were legalized in the United States investors wouldnt need to worry about the information received is publicized or non-publicized. This would ease the the pressure off investors and allow them to strategically trade stocks while still using Jagolinzer’s strategized way of investing while still complying with the rules. Many investors argue that insider trading should remain illegal. I feel investors want this for a few reasons. 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Saturday, December 28, 2019

Essay on A Seperate Peace - 671 Words

â€Å"A Separate Peace† by John Knowles Separate Peace What really happened in the tree? Gene and Finny were very good friends; however, whatever happened in the tree the day the Finny quot;fellquot; out, is the actual cause of Gene â€Å"†¦My knees bent and I jounced the limb†¦Ã¢â‚¬  page 52. In fact, Finny did not fall out of the tree, but Gene had actually pushed him out. Gene had very good reasons to push him out â€Å"Finny had put him up to it, to finish me fro good on the exam.† Page 49. He pushed him out of jealousy for two things. For athleticism, and for his popularity, and also for his ability to talk his way out of anything.. First, Finny was a very athletic person; however, Gene is just a normal average day person. Gene couldnt stand†¦show more content†¦Finny was able to talk people into doing anything, just by how he acted. Moreover, he was able to invent a new sport because of his athleticism. Another example of finny being better and saying, quot;I can do it and you cantquot;. Gene knew as a fact that he could not invent a new sport and get enough attention for it. Gene could not do many things that Finny was able to do, such as talk his way out of anything. During summer school, Finny was able to talk his way out of getting in trouble a couple times. When he and Gene had skipped dinner to go to the tree, they were caught when they were walking back. All he did was talk to the teacher right there, and nothing ever came up about again. Another time was when Finny was at the headmasters house for tea, he was wearing a tie as a belt, but the odd part was that it was the school tie. Again, Phineas explained to the headmaster, that wearing the school tie as a belt, contributed to the war effort. All he had to do was explain it, and he never got in trouble again. Gene probably wished he had the ability to do that; however, he knew that only Finny could do it, and with such ease . When Gene and Finny road to the beach, it was Finny’s idea in the first place. They spent the night on the beach and when they got back Gene fails his triginometry test. Later Gene claims that Finny did it on purpose to lower his grade and make Finny look good. They never really told what Finny’s intentions reallyShow MoreRelated A Seperate Peace Essay898 Words   |  4 Pages A Separate Peace Essay In the novel, A Separate Peace by John Knowles, the protagonist, Gene Forrester â€Å"battled† within himself to find â€Å"a separate peace† and in this process directed his emotions at Phineas, his roommate. Forrester and Phineas formed the illusion of a great companionship, but there was a â€Å"silent rivalry† between them in Forrester’s mind. Self deceptions in Forrester led him to believe that Phineas was â€Å"out to get him† (Forrester). 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