Friday, May 22, 2020
When we coordinate things, whether were talking about our schedules or our clothing, we make connections -- or, as the dictionary says in a more fanciful way, bring things together in a common and harmonious action. The same idea applies when we talk about coordination in grammar. A common way to connect related words, phrases, and even entire clauses is to coordinate them -- that is, connect them with a coordinating conjunction such as and or but.Ã The following short paragraph from Ernest Hemingways Another Country contains several coordinated words, phrases, and clauses. We were all at the hospital every afternoon, and there were different ways of walking across the town through the dusk to the hospital. Two of the ways were alongside canals, but they were long. Always, though, you crossed a bridge across a canal to enter the hospital. There was a choice of three bridges. On one of them a woman sold roasted chestnuts. It was warm, standing in front of her charcoal fire, and the chestnuts were warm afterward in your pocket. The hospital was very old and very beautiful, and you entered through a gate and walked across a courtyard and out a gate on the other side. In most of his novels and short stories, Hemingway relies heavily (some readers might say too heavily) on such basic conjunctions as and and but. The other coordinating conjunctions are yet, or, nor, for, and so. Paired Conjunctions Similar to these basic conjunctions are the following paired conjunctions (sometimes called correlative conjunctions): both . . . andeither . . . orneither . . . nornot . . . butnot . . . nornot only . . . but (also)whether . . . or The paired conjunctions serve to emphasize the words being connected. Lets see how these correlative conjunctions work. First, consider the following simple sentence, which contains two nouns joined by and: Martha and Gus have gone to Buffalo. We can rewrite this sentence with paired conjunctions to emphasize the two nouns: Both Martha and Gus have gone to Buffalo. We often use the basic coordinating conjunctions and paired conjunctions in our writing to connect related ideas. Punctuation Tips: Using Commas with Conjunctions When just two words or phrases are joined by a conjunction, no comma is needed: Nurses in uniforms and in peasant costumes walked under the trees with the children. However, when two or more items are listed before a conjunction, those items should be separated by commas: Nurses in uniforms, peasant costumes, and worn frocks walked under the trees with the children.* Similarly, when two complete sentences (called main clauses) are joined by a conjunction, we should generally place a comma before the conjunction: The tides advance and retreat in their eternal rhythms, and the level of the sea itself is never at rest. Although no comma is needed before the and that joins the verbs advance and retreat, we do need to place a comma before the second and, which joins two main clauses. * Note that the comma after the second item in the series (costumes) is optional. This use of the comma is called the serial comma.
Thursday, May 7, 2020
The next morning would mark the beginning of TrentÃ¢â¬â¢s sixth day at The Resort, and something was off. Not only did Trent sleep in longer than usual, but he had very peculiar dreams the night before, and felt slightly groggy. Or was he hungover? He hadnÃ¢â¬â¢t had too much to drink at the bonfire the night before. After showering and getting dressed, Trent walked to the local market to get some bread and jam to bring on the hike. The market wasnÃ¢â¬â¢t a market in the traditional sense, because there was no money required, but there was an attendant who marked what it was that you took. That morning, there was no attendant. The market was practically abandoned. Trent thought that strange but managed to grab what he needed anyhow. Walking pastÃ¢â¬ ¦show more contentÃ¢â¬ ¦Ã¢â¬Å"Yah, you know. Twice a week. DonÃ¢â¬â¢t you go?Ã¢â¬ Michael asked. Trent remembered what the governor had told him on his first day; how he would not be required to go. Trent did not want to admit that to his friends, so he merely nodded in acknowledgment. Ã¢â¬Å"You know what. I wonder if people get sick and then are sent home without a word?Ã¢â¬ Alice asked. That idea did seem probable. The small group ended up going on their hike, perhaps just to take their minds off things and get some fresh air. At the peak of the mountain, the view of the Paradise Planet was stunning. The island was surrounded by water as far as the eye could see, but the colors were not as vibrant as they had been the day that Trent arrived. The rest of that day had been more low-key than Trent was used to, and almost a tad boring. The group didnÃ¢â¬â¢t do any more activities, and he hadnÃ¢â¬â¢t heard word yet about where some of the friends had gone. Feeling tense and slightly eerie, Trent stepped onto his balcony to look around. No, he wasnÃ¢â¬â¢t going out of his mind. There were fewer people on the beach, the birds were not singing as loudly, and The Resort was colder in temperature. He went to bed early that night. Much earlier than he had before. Trent just didnÃ¢â¬â¢t feel right. A pounding on TrentÃ¢â¬â¢s door in the middle of the night awoke him from his sleep. Groggy and disoriented, he stumbled to the doors of his room and opened them slightly to see who it might be. Ã¢â¬Å"Hello?Ã¢â¬ Trent said with a hoarse voice.Show MoreRelatedGe Honeywell23318 Words Ã |Ã 94 Pagesregulatory processes on either side of the Atlantic. While a significant amount has already been written on the case, systematic comparisons between the approaches followed by Commission and the DoJ have so far remained difficult because much of the DoJÃ¢â¬â¢ s analysis is not in the public domain. In addition, little attention has been given so far to process and procedures. We attempt to gather systematic evidence on these issues; beyond an extensive survey of public sources currently available, we have extendedRead MoreVietnam Airlines Strategy9313 Words Ã |Ã 38 Pagesservice with the A350 XWB, initially on the Ha Noi - Ho Chi Minh domestic sector and then on non-stop flights from Hanoi to Paris. The A350 XWB features the latest aerodynamic design, carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce Trent XWB engines. Together, these latest technologie s translate into unrivalled levels of operational efficiency, with a 25 per cent reduction in fuel burn and emissions, and significantly lower maintenance costs. As a result, Vietnam Airlines CorporationRead MoreStrategy Safari by Mintzberg71628 Words Ã |Ã 287 PagesEMBARKATION T his trip began with a paper by Henry called Strategy Formation: Schools of Thought, published by Jim Fredrickson in a collection entitled Perspectives on Strategic Management (HarperCollins, 1990). Bruce used the paper in a course at Trent University and found that it worked well. Why don t you do a book on it? he suggested. Why don t we do it together? Henry replied. They both thought that Joe would make an excellent member of the team. So the safari was launched. We did not,Read MoreDescribe How to Establish Respectful Professional Relationships with Adults52870 Words Ã |Ã 212 PagesConstruction Industry Training Board (CITE) need urgent examination (Chapter 7, paragraphs 7.16 - 7.18). 20. The industry should implement recommendations which it previously formulated to improve its public image. Equal opportunities in the industry a l s o require urgent attention (Chapter 7, paragraph 7.25). 21. The CIC is best suited to co-ordinate implementation of already published recommendati ons on professional education (Chapter 7, paragraph 7.30). 22. Existing research initiatives should be co-ordinatedRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words Ã |Ã 1573 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturersRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words Ã |Ã 696 Pagesprice. Answer: FALSE Page Ref: 10 Objective: 3 AACSB: Analytic skills Difficulty: Moderate 95) A distribution channel includes distributors, wholesalers, retailers, and agents that display, sell, or deliver the physical product or service(s) to the buyer or user. Answer: TRUE Page Ref: 11 Objective: 3 Difficulty: Easy 96) The task environment of a firm consists of demographic, economic, natural, and technological environments, as well as the political-legal system and the social-cultural
Wednesday, May 6, 2020
A world power may be defined as a country, which has great political power, great military, great economy et cetera. The PeopleÃ¢â¬â¢s Republic of China may have completed some of these criteria itself but it may not be considered a world power as some of the small factors are holding them behind. China may be a big country with large population, which face inequality, corruption, social stability and the Chinese environment that is not very grand for the health and also with it limited supplies and energy. We will write a custom essay sample on Is China A World Power? or any similar topic only for you Order Now China claims that they are a communist state but they are just capitalist, under their current government. A lot of discrimination is there in the nation. Health for the Chinese isnÃ¢â¬â¢t very pleasant either for the country lack proper medication care and doctors. China is a capitalist state under the Ã¢â¬Å"SOCIALIST REPUBLICÃ¢â¬ government. This has made many things difficult in China such as Human rights, freedom and equality. The Chinese government are very tolerate people as they closed its door towards people, yet they declare an open door policy in the late 70Ã¢â¬â¢s and 80Ã¢â¬â¢s which is not true in all cases. The new Chinese settlers have created an alternate society: a Chinese apartheid which, denying Tibetans equal social and economic status in our own land, threatens to finally overwhelm and absorb us. Ã¢â¬ was quoted by the Dalai Lama in 1991. Groups who fought for political freedom to be heard were jailed without trial and have been forgotten imprisoned. Religious freedom is another problem in China, as religions donÃ¢â¬â¢t get any freedom. All religions have to be within the communist party (they have to register within the government) and must be loyal to the Mainland. This have caused many affairs with some religion for example Catholicism who is led by the Pope in Rome, China doesnÃ¢â¬â¢t allow that and they created the Chinese Patriotic Catholic- Association to replace Roman Catholic. Another unfair factor is that religious people arenÃ¢â¬â¢t allowed to work with the government as they say being openly religious can affect the economy. Other rights that people should have are No child policy where people can have as many babies, so no girls are being abandoned, Labour rights, as people should not have small wages for long hour of work. China also has problems with the whole of African continent as they treated those Africans poorly during the 1990Ã¢â¬â¢s and in 2005 it still happen as Manfred Nowak (human rights lawyer) visited China to observe the country. He complained the officials for not letting him interview people and say what he want to say, he also said the discrimination can be seen widespread. The economy of the PRC has increased so much during the past 10 years. Their economy is fourth largest in the world. The value of their Gross National Product was 2. 3 trillion in 2006, which is extremely high, but thereÃ¢â¬â¢s one thing we shouldnÃ¢â¬â¢t be forgetting; they also have the largest population, which average the GDP per capita to roughly i1,000 whilst itÃ¢â¬â¢s around i25,000 in countries like Ireland, Switzerland and Denmark. As economy in China is rapidly increasing, itÃ¢â¬â¢s also facing labour shortage, wages demand and less service. Workers are quitting agricultural jobs to get industry job. The wages of worker have been raised to an average of i 55 a month but as Industry increase, pollution increases. China emits 19% of the world CO2 emissions that is a real shame. The Kyoto Protocol does not require China to reduce its emission, as their status is Ã¢â¬Å"Developing Country Ã¢â¬Å"notÃ¢â¬ Developed. A world health organisation reported that seven out of the ten most polluted are in China. 30% of acid rain falls on the country. It is estimated that 7% of the GDP per annum must be spend to control the environmental problem so far only 1% is spent on this trouble; this show ChinaÃ¢â¬â¢s lack of environmental concern. Main economic area for China is itÃ¢â¬â¢s eastern coast where most of their economy rely. This also create another problem, the equality of income isnÃ¢â¬â¢t same throughout China as it should be, City such as irimqi, Piking, Shanghai, Canton, Shenzhen et cetera receives most of the high income when city such as Lanzhou, Lhasa et cetera receives a lot lesser. Health of the Chinese can be considered as very poor at the moment that they were ranked 144 out of 191 by The World Health Report. The life expectancy for China s of 2006 is 73, this have been a huge improvement since 1950 when it was 32 but can still be considered low compared to countries like Sweden, Switzerland and Japan whose expectancy is over 80. Their infant mortality currently is 23 per thousand people, which arenÃ¢â¬â¢t very bad compared to others for example Singapore and Japan (2). Health Development Index of the PRC is medium as it stood at 0. 768 as of 2007. As Chinese economy has grown rapidly, health problems also have. Some of the problems they face now are Air pollution (this killed 760,000 people per annum alone), cigarette smokers is also another problem as the number increases each year and Urban youngster can also be overweight as Chinese at average take in 2,940 calories a day (25% more than what Food and Agriculture Organisation suggested). China lacks doctors, 680 people per one doctor doesnÃ¢â¬â¢t sound too bad but they still need more doctors so that those with sickness could be attended and cared for more. Schizophrenia are suffered 7. 8 million Chinese and only 60% is being cared for properly. Male also outnumber female in China as they have the superstition of boys are better than girls, this leaves hundred of thousands baby girls orphaned. 2. 3 million is the number of the PeopleÃ¢â¬â¢s Liberation Army, the largest force in the world plus itÃ¢â¬â¢s 500,000-reserve force. The number have actually decreased from 4 million from 1980 compared to another emerging super power such as India who has an armed force of 1. 3 million from 500,000 in 1960s. Military personnel should not be all that counts but reserves should also be taken into account, China has a reserve force of five hundred thousand compared to Taiwan which has 1. 5 million. The result from 1980 is that their army have decreased twice the number from 1980 (from 120 divisions to 60). The spending on military have also decreased. China can defend itself from foreign occupation and remain a regional status-quo power, but it is not a rising or threatening powerÃ¢â¬ James H. Nolt, 2006 Chinese military use to create itÃ¢â¬â¢s own weapons but this stopped in 1980Ã¢â¬â¢s when their weapons were made of the very worst quality and workmanship. An Incident occurred when it sold Thailand and Burma what they claimed to be Ã¢â¬Å"A NEWLY MADE CHINESE FRIGATESÃ¢â¬ after the delivery both discovered that the vessels were purely rubbish that canÃ¢â¬â¢t float properly. The Thais later demanded they give them a new one with an empty hull, as theyÃ¢â¬â¢ll modernise it themselves. After all the Chinese military doesnÃ¢â¬â¢t seemed to be very strong as itÃ¢â¬â¢s viewed. Professor James H. Nolt even says it canÃ¢â¬â¢t even beat those of Vietnam, Taiwan or India. Their possession of nuclear weapons may fill them in for the nuclear criterion. They have never launched one before and stated it themselves that they will never use it, this have put them off for being a nation with nuclear power. Resources that China lacks can be a huge problem. It produces 6. tonnes of oil equivalent per capita and it consumes 7. 3, this is a huge problem they found a way to dealt with the way which is not very reliable. In 2004 Wen Jinbao the prime minister offered Russia almost i 6,000,000,000 for energy purchase. China therefore rely on Russia for energy, Russia could use this as a weapon and they did but not to China, In 2005 Vladimir Putin cut off energy supply to Ukraine as it wants higher price for energy. Russia may not be very reliable for this source either. Some of the other things they lack off may be public transportation where there s an average of 2 buses per one thousand people. Some of the children in China still lack education, as 10% of the children under age 15 are literate. With all these weaknesses revealed, does China fit in the definition of Ã¢â¬Å"World PowerÃ¢â¬ : The answer is resounding no. Not now or anywhere in the future like others who say China will someday be a world power. Their current government wonÃ¢â¬â¢t last longer than 30 years, when they collapse the idea of China being a world power will start to fade away and a more favourable China would be reality. How to cite Is China A World Power?, Papers
Monday, April 27, 2020
Magnesium Oxide Experiment Lab Report Paper One objective was to figure out if the burnt MGM ashes weigh more than the product which is Magnesium Metal. Another objective was determining the formula of the compound that results when Magnesium and Oxygen react. Theory: The purpose of this lab was to confirm the chemical formula of magnesium oxide by comparing the masses Of pure magnesium solid prior to any reaction and magnesium oxide solid after a reaction between all of the magnesium and oxygen from the air when heated from a Bunsen burner in a crucible. Sing molar masses of both magnesium and oxygen. An expected percent composition, by mass, was found and compared to our experimental results. Experimental: 1. Setup ring stand 2. Obtain desired amount of Magnesium which was g 3. Weigh the crucible, 13. Egg 4. Weigh the crucible with the lead, 15. Egg 5. Heat the crucible with the MGM present 6. Continue to heat until lead starts to change to an ash color, lead should start ruining very bright 7. Shut burner down and let the MGM cool 8. Add water to the MGM until the crackling and smoking stops (Among+MGM) C Ammonia 9. Now, heat crucible till the water evaporates ICC, Allow a few minutes for cooling 11 Weigh the crucible along with the MGM ashes, 16. Egg Calculations: To find the formula of magnesium oxide, you need the mass of the magnesium and the mass of the oxygen. Also the atomic masses. Magnesium is 24 and oxygen is 16. Divide mass by the atomic mass for each element. This gives the number Of moles Of each. Having done this for both elements, you should find the ratio between the two by dividing them both by the smallest number. The ratio should be close to as the formula Of magnesium oxide is MGM. OMG +02 OMG 2. Smog 3. Gomes . Monologue 02/20 . We will write a custom essay sample on Magnesium Oxide Experiment Lab Report specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Magnesium Oxide Experiment Lab Report specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Magnesium Oxide Experiment Lab Report specifically for you FOR ONLY $16.38 $13.9/page Hire Writer
Thursday, March 19, 2020
Strategic Analysis (SWOT, Porter, PESTEL) of Barclays Group PLC 1. Introduction Strategic Analysis (SWOT, Porter, PESTEL) of Barclays Group PLC 1. Introduction1.1Ã Ã Ã Background1.2Ã Ã Purpose and Objectives2.Ã Ã Analysis of the Market Environment2.1Ã Ã External Analysis2.1.1Ã Macro-environment188.8.131.52 Cultural and Social184.108.40.206Ã Political and Legal220.127.116.11Ã Economic18.104.22.168Ã Ã Technological2.1.3Ã Competition AnalysisÃ 2.2Ã Internal Analysis2.2.1Ã Ã Performance2.2.2Ã Ã Management and Staff2.2.3Ã Ã Infrastructure and Delivery3. SWOT Analysis3.1Ã Strengths:3.2Ã Weaknesses3.3Ã Ã Opportunities3.4Ã Ã Threats4.Ã Customer Analysis4.1Ã Markets4.2Ã Ã Ã Market Segmentation4.3Ã Market Targeting4.4Ã Market Positioning4.5Ã Branding5. Marketing Strategies5.1Ã Mission5.2Ã Marketing objectives5.3Ã Financial objectives5.2.1Ã Supply strategies 5.2.2Ã Demand Strategies5.2.3Ã Positioning strategies5.2.4Ã Competitors StrategiesÃ 5.3Ã Marketing Mix Strategies5.3.1Ã Product5.3.2Ã Price5.3.3Ã Place5.3.4Ã PromotionÃ Ã Ã 5.3.5Ã Personnel and Services6. Channel analysis7. Implementation and Control8. Financial Forecast9. Contingency plans10. ConclusionReferencesRelated 1. Introduction 1.1Ã Ã Ã Background Barclays group PLC is a big global financial provider operating in Europe, America, Australia, Asia, Middle East and Africa, which is engaged in retail banking, credit cards, corporate banking, investment banking, and wealth management. It made up Global Retail Banking, Corporate and Investment Banking, Wealth Management, each of which has a number of business units. And the group centre, which comprises all Barclays essential support. With 300 years of historical existence, the group operates through its subsidiary Barclays Bank PLC, in over 50 countries and has 147,500 employees and a merger with Absa group in South Africa. The group practices integrated global banking model to serve its customers and clients as well as optimising risk adjusted returns for its shareholders. Thus, it moves, lends, invest and protects money for more than 38 million customers and clients worldwide. It is the third largest bank in the world in terms of assets and the one of the largest financial services provider in the world with a core tier one ratio of 11 per cent. It is the third largest bank in the United Kingdom (UK) based on market capitalization, with headquarters at 1 Churchill Place in London, England, having moved there in May 2005 from Lombard Street in London. 1.2Ã Ã Purpose and Objectives The group purpose is to make available products as well as services to help the customers to achieve their financial goals that would in turn lead to economic growth. To attain this, the plan focused on the following objectives: A safer and more secure financial system. A banking industry that is equipped to support the needs of the global economy. The ability of the suppliers of financial capital to earn a positive return on their capital. Demonstrating its credentials as a good citizen To achieve these objectives, the plan entails analysis of the market environments of the bank and identified strategies designed to bring success. Then follow by the implantation and control mechanisms aimed at ensuring that the desired results are achieved. Ã www.barclays.com 2.Ã Ã Analysis of the Market Environment 2.1Ã Ã External Analysis This analysis focus on the macro-environment, the market and the competitors of Barclays, to identify its opportunities and threats. According to Porter (1985), PESTLC analysis ensures that the performance of the company is aligned positively with the powerful forces of change that are affecting business macro-environment. Hence, it groups environmental influences such as political, economic, social, technological, legal and cultural forces impact on the bank. The United Kingdom (UK) population which currently stands at approximately 70million, with a slide increase in immigration, independency and dependency ratios. A shift in population always affects economic growth, thus affect the bank. Increased in UK employment rate of 70.6 per cent, about 25.3million households, and a consistent downward strength of divorce and dissolution (of about 121,700 to 113,900), influences the bankÃ¢â¬â¢s performance. This increase brings about economic competitiveness and high circulation of money, thus fuelling the economic growth of the country. UK is a multicultural society which entails co-existence of different communities defined by their race, ethnicity or faith. So sociocultural environment is diverse and dynamic, which implies the bank need to stay in touch with the social and cultural shifts. The science, engineering and technological, and entrepreneurial cultures made UK economically successful, thus, impacting a positive change on the bankÃ¢â¬â¢s performance. http//www.statistics.gov.uk, www.ons.gov.uk, www.oup.com/uk 2.1.1Ã Macro-environment 22.214.171.124 Cultural and Social 126.96.36.199Ã Political and Legal Unstable regulatory environment in UK. Regulation to give political donation as part of their democracy support to the major South African parties. Ã Political stability in UK, Europe, United States, Asian (India) and southern part of Africa, influences the groupÃ¢â¬â¢s growth. The new Basel rules on bank capital which requires all banks to hold top quality core tier one capital equal to 10 per cent of their assets, adjusted for risk. (19:09/ financial times/6th June 2011). The Project Merlin Agreement which states that UKÃ¢â¬â¢s biggest banks are committed to lending more money in 2011, especially to small businesses, to pay less in bonuses than they did last year and to be more transparent about their pay packages. (15:42, BBC Business News, 9 February 2011). Plan to increase bank levy to 2.5billions pounds this year-raising an extra of 800million pounds, will be a threat on Barclays bank PLC.(18:04,BBC Business News,8 February 2011). Direct and indirect taxes levied. Ã Ã Recovery of national recessionary period and increased in employment rate. bbc.co.uk/news/business/13758784. 188.8.131.52Ã Economic Increase in UK gross domestic product by 0.5percent. Inflation is steadily held on Consumer Prices Index at (CPI) 4.5 per cent and Retail Prices Index (RPI) at 5.2 per cent in May 2011. UK retails sales fall to 1.4 per cent in May and interest rates have been kept at the record low of 0.5 per cent again this year, by the Bank of EnglandÃ¢â¬â¢s Monetary Policy Committee. UK unemployment fell 88,000 in the three months to April this year to 2.43 million, the biggest drop since the summer of 2000. The value of the average home in UK, rose by 0.1% from April to May 2011 to Ã £160,519, but prices were 4.2% lower than the same period a year ago. The European Central Bank signaled rise in Eurozone interest rate in July 2011, from 1.25 per cent. Inflation in the Eurozone is 2.7% while euro falls to 1.44880 dollars against the US dollar in the first quarter 2011. Ã High inflation in China and India in 2011 while Japan is in recession. Increase loan rates and consumer prices in Korea. Middle East and North Africa unrest affecting the Dubai-based Dnata, emirates aviation industry. Import costs in developing countries rising by up to 30 per cent as a result of high oil prices and shortfalls in production due to bad weather which have contributed to higher food prices. Jersey tax information exchange agreements with 17 of the G20 countries. bbc.co.uk/news/business-13758784, ft.com 184.108.40.206Ã Ã Technological New telecommunication systems, including fibre optic telecommunication and Internet to facilitate mobile banking and online banking. Global launch of the next generation financial kiosks such as NCR SelfServ 4 which is a cashless kiosk, ideal for non-cash transactions such as appointment check-in and account services and SelfServ 8 features cash-deposit capability suitable for bill payments, equipped with touchscreen technology, the machines are loaded with NCR APTRA software applications that are PCI and EMV compliant. New technology such as Mix-and-Match software for 3D digital signage and kiosks SWIFT code to facilitate the international payment system in banks. ATMs are currently in operation at all the local commercial banks. Global increase in computer literacy and easy access to computer More half of the global population is computer literate and has access to internet services. http://selfserviceworld.com/research and bnet.com/library Ã Ã Ã 2.1.3Ã Competition Analysis The groupÃ¢â¬â¢s major competitors are HSBC bank, Bank of America, BBVA, BNP Paribas bank, Credit Suisse, Deutsche Bank, JP Morgan, Morgan Stanley, RBS, Lloyds TSB bank, Santander bank, NatWest bank, SociÃ ©tÃ © GÃ ©nÃ ©rale and UniCredit. i.Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã HSBC Bank Strengths: HSBC bank is the first top bank in the world with the largest profit in the first quarter of 2011(4,153 billions dollars). Ã High trust and credibility in emerging markets such as China, thus, enjoys large economies of scale in its fast growing economy. A good online saving account offering competitive rates with no monthly fees or minimum balance requirements, opened as little as with one dollar and money is FDIC insured to the maximum permitted by law. Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Weaknesses: HSBC decision to reduce its long- term return on equity target to 12-15 per cent from 15-20 per cent leaves its investors disgruntled. Ã Insufficient trained staffs, thus less customer-driven. Decreased in production and loyalty from its staffs due to redundancy programme. ii.Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Royal Bank of Scotland Strengths Owns leading franchises in domestic market. Highly centralised local branches in target markets as well as excellent customer services offered. Sufficient number of well placed ATMs in target markets. Weaknesses High loan losses affecting profitability and capitalization. Excess growth of loan over deposits impacting liquidity. Inefficient and ineffective operation management affecting margins. http://managementoday.co.uk/news, bbc.co.uk/news/business and http:/www.hsbc.com Ã Ã 2.2Ã Internal Analysis The internal analysis focused on the bankÃ¢â¬â¢s performance and its internal environmental factors such as its management, staff and infrastructures, in order to identify its strengths and weaknesses. 2.2.1Ã Ã Performance From Barclays annual report 2011(www.barclays.co.uk), the Barclays group PLC has more solid positions on capital with 11 per cent core tier one ratio (10.8 per cent Q4 2010), and a liquidity pool of 161 billion pounds than they started last year. While groupÃ¢â¬â¢s adjusted gross leverage is maintained at 20 times and impairment is down 39 per cent considerably, giving the groupÃ¢â¬â¢s first quarter (Q1) 2011, a loan loss rate of 76bps (Q1 2010:112bps). See Appendix. Adjusted profit before tax of the group, excluding own credit and gains on acquisitions and disposals this year, up to 10 per cent to 2,004 millions pounds (8 per cent in 2010). Excluding own credit, return on equity increased to 10.1 per cent (9.3 per cent Q4 2010), return on tangible equity increased to 12.1 per cent (11.4 per cent Q4 2010), and return on risk weighted assets increased to 1.5 per cent from 1.4 per cent in Q4 of 2010. (See appendix). Increased in gross new lending to UK house holds and businesses amounted to 9.9 billions pounds indicates improvement on 2010 year ended amount of 43 billions pounds gross new lending plus 7.5 billions pounds of UK loans gotten from the acquisition of Standard Life Bank at the beginning of the year 2010. The Q1 2011 dividend of 1.0 pound per share, with earnings per share of 8.5 pounds. Over 2010, the group ranked in the top quartile Total Shareholder Returns (TSR) of its global competitors, this position is progressively maintained in the Q1 2011 implies good performance indicating good management by objectives this year. www.barclaysannualreport.com 2.2.2Ã Ã Management and Staff The management is made up of thirteen highly skilled and qualified directors and has 147,500 staff and senior executives. Most of the staff are young and have the requisite capabilities, and are re-trainable for newer systems and technology. The remuneration Committee provides governance and strategic control of remuneration, human resource activities and senior management development. The CommitteeÃ¢â¬â¢s objective in relation to remuneration is to motivate its employees towards excellence in business and personal performance by offering incentives, attract and retain employees of ability and experience. Ã Staff is encouraged to part take in share option and share purchase schemes and have a substantial sum invested in BarclayÃ¢â¬â¢s shares. Ã Staff is kept informed of matters of concern to them in many ways, such as business unit news magazines, intranets, briefings and mobile phone SMS messaging. These communications facilitate the achievement of a common awareness among employees. Ã Staffs share their views and feedback on issues that matters to them. Periodic employee Opinion Surveys results reported to the Board, all employees and to its European Works Council, Africa Forum, its recognised union in the UK and other recognised unions worldwide. Road shows and employee forums also take place. In addition, regular and formal consultations with its recognised trade unions and work councils internationally. www.barclays.co.uk 2.2.3Ã Ã Infrastructure and Delivery Ã The group is investing heavily in infrastructures in order to perfect its client services and better reach to its global customers and clients, explains why the group is facing high operating costs. www.barclays.co.uk 3. SWOT Analysis The SWOT Analysis identified the opportunities, threats, strengths and weaknesses of the bank, as follows: Ã 3.1Ã Strengths: The worldÃ¢â¬â¢s third largest bank in terms of assets, with a core tier one ratio of 11 per cent. Barclays Corporate has been named Lender of the Year at the 2011 Health Investor Award for the third time. The group has an effective data management and first bank to produce statements in colours. Barclays Egypt Award for business continuity despite the recent countryÃ¢â¬â¢s civil unrest. The Awards for Excellence 2011 won by Barclays community investment programme in Katine, Uganda. The groupÃ¢â¬â¢s brand is unique, historically built and promoted continuously through its good citizenship such as sponsorship of Premier League football. The group enjoys large economies of scales and spread of risks as a result of its global presence. Barclays Capital ranked number two overall in Risk magazineÃ¢â¬â¢s survey of institutional investor clients. Ã Double win for Barclays at UK Moneyfacts Awards Distinct technological innovations, for example, it introduced the first credit card ever used in the market in 1966, and mobile banking. Acquisition and incorporation of EggÃ¢â¬â¢s credit card customers in to the Barclaycard portfolio. The group leadership team has very little customer-centric view, thus explains why they always have a lot of customer complaints especially from its UK retail banking that is poor customer services. Poor earnings performance in the first quarter fueled criticism about executive pay packages in Barclays capital, the investment banking unit where pretax profit fell 33 per cent in the first quarter 2011. Less attractive shares due to low earnings performance. The bank branches are not well centralized within the high streets of UK unlike RBS and NatWest banks which are everywhere in the streets. Online banking and telephone banking are complicated to access. High interest rates on loans and low interest rates on savings accounts. Ã Recent launch of the high streetÃ¢â¬â¢s first two-year flexible bond giving savers a competitiveÃ rateÃ and the flexibility to withdraw up to 30 per cent of the balance without incurring any charges. Telephone banking with Barclays Wealth international offers secure, personal and private services, being the fast and friendly way to deal with day-to-day banking request unlike other banks. Barclays Bank has a strong competitive advantage as it is among the top three banks in many African countries, including Ghana, Nigeria, Kenya, Zambia and Mauritius, thanks to its merger with Absa Group Ltd in South Africa. Emerging markets in Africa and Asia Pacific. Barclays Capital strengthens prime services management by recently appointing ten managing directors. Its strategy of full global diverse services provides the group a wide range of cross-selling opportunities. 3.2Ã Weaknesses 3.3Ã Ã Opportunities 3.4Ã Ã Threats The recent Merlin agreement that required the availability of appropriate capital and resources by the banks to support gross new lending of 190 billions pounds, should demand materialize. The recent strike threat at Highland airports could hit Barclays Scottish Open at Castle Stuart. Varied government legislations in its global markets. Recent consideration by the Independent Commission on Banking, to split retail and investment banking operations. High financial risk exposure due to its global operation nature. Ã Increasing competition and threats in the banking industry from other companies such as the new Japanese bank called Mizuho which is building in London to find new avenue for growth. www.barclays.co.uk, www.fm.co.za/articles, www.dailyrecord.co.uk/news, www.bbc.co.uk/news/business, www.belfasttelegraph.co.uk/businessnews , www.e-customer-satisfaction.com/rev . 4.Ã Customer Analysis 4.1Ã Markets The bank has branches in the UK as well as operations throughout Europe, Africa, Middle East, Asia and America. The market stakeholders consist of the governments, other public Sector bodies, corporate entities, insurance companies, professionals, public servants, pensioners, teachers, students and national residents in the above market segments. www.barclays.com Ã Ã 4.2Ã Ã Ã Market Segmentation Market segmentation is the splitting up of a market into different groups of customers with distinctly similar needs and product/service requirements. There is now widespread agreement that market segmentation form an important foundation for successful marketing strategies and activities. (Wind, 1978; Hooley and Saunders 1993).It implies it ensures that the elements of the marketing mix namely; price, distribution, products and promotion, are designed to meet particular needs of different customers. Barclays group divides its market into different geographic units such as nations, states, regions, cities or streets. For example Barclays bank PLC Zambia. The group also uses demographic segmentation to split its market in to groups on the basis of variables such as age, family size, family life cycle, gender, income, occupation, education, generation, nationality, religion, and social class. This type of segmentation is easy to measure and enables the bank to identify the right product offer to meet the specific needs of customers and improve its customer perceived offerings. For example, improvements of student account offer such as no monthly fee, an interest-free overdraft facility up to 2,000 pounds from opening the account. www.barclays.com Ã 4.3Ã Market Targeting Barclays bank PLC uses the differentiated targeting approach which recognizes that there are several market segments to target, each being attractive to the marketing organization. As such, to exploit markets, a marketing strategy is developed for each segment. For example, Barclays targeted the student market segment in UK, and its rationale for acquiring students was that there was an opportunity to establish a long-term relationship with students and, to target a new customer annually. The bank uses effective segmentation assessment criteria such as ensuring that its various market segments are measurable, substantial, accessible, differentiable and actionable, ensure a segment is useful for targeting. 4.4Ã Market Positioning Market positioning is the act of designing the companyÃ¢â¬â¢s offering and image to occupy a distinctive place in the minds of the target market. (A.Ries and J.Trout, 2000). The main purpose of positioning is to build the bankÃ¢â¬â¢s brands in the minds of the customers in order to maximize potential benefit to the bank. Kotler (1997) argued that Ã¢â¬Å"Positioning is the act of designing the companyÃ¢â¬â¢s offering and image so that they occupy a meaningful and distinct competitive position in the target customersÃ¢â¬â¢ mindsÃ¢â¬ . Therefore, positioning is all about how customers judge a productÃ¢â¬â¢s attribute relative to that of its competitors, and its ability to deliver against the promises made. The bank has applied a good positioning of its brands to target markets. For example, Barclays found that an incentive offering mobile broadband would have the most appeal to students, the bank partnered with orange to offer 25 percent discount on its mobile broadband schemes to those who signed up for a Barclays student account. It also established a working group to oversee the new student proposition such as no monthly fees, an interest-free overdraft, free debit cards, mobile phone banking and a net work of local branches. This is to build its brands in the minds of its target customers by effectively and efficiently meeting their needs. Orange and Barclaycard recently launch Ã¢â¬ËQuick TapÃ¢â¬â¢ Ã¢â¬â the UKÃ¢â¬â¢s first contactless mobile phone payments service, allowing consumers to make purchases on the high street using their mobile phone Ã · Customers can make purchases Ã £15 and under nationwide by simply tapping their Quick Tap mobile handset against a contactless reader at over 50,000 stores. Hence, the group has good positioning strategies. Ã 4.5Ã Branding Branding is a means to distinguish the products or services of one company from those of another. (K. Moore and Reid, 2006). Therefore, a brand is a logo, name, symbol, design or image, or any combination of these, which is designed to identify the product or service. Its slogan Ã¢â¬Å"Take one small stepÃ¢â¬ garnishes its branding. Barclays group does branding of its products/services with respect to its target customers needs. The group has different brands such as Barclaycard and its contactless mobile payment brand , online banking, offshore banking and investment, UK premier and personal banking, business banking, Barclays corporate, international banking services, Barclays capital and Barclays wealth. Ã www.barclays.com/product and services, www.oup.com/uk/orc , 5. Marketing Strategies 5.1Ã Mission The mission of the Barclays group is to make available products as well as services to help the customers to achieve their financial goals that would in turn lead to economic growth as well as increased employment. 5.2Ã Marketing objectives Customer and client driven, that is putting their needs first so as to develop a long term sustainable business. Aims to meet clientsÃ¢â¬â¢ needs while establishing a business with different sources of revenue, business segments, customers and clients, and geographic exposure. Aims to serve clients across all their needs through a wide range of distribution channels. To effectively managed the risks taken by its clients. Ã Ensures financial discipline required to deliver returns is retained. Demonstrates the groupÃ¢â¬â¢s wider value to society both globally and in every community it serves. 5.3Ã Financial objectives Operating within its capital resources Generating returns in excess of its cost of equity Sustaining growth in selected market and geographies. www.barclaysannualreport.com Ã 5.2.1Ã Supply strategies Barclaycard and orange newly developed Ã¢â¬Å"Quick TapÃ¢â¬ contactless mobile payment service which allows consumers to make purchases on the high street using their mobile phone for the very first time. Barclaycard is providing Orange customers with Ã £10 cash added to their account upon activation, and 10% cash back on all Quick Tap purchases made in the first three months. Barclays Capital, the investment banking division of Barclays Bank PLC, recently announced the launch of the Algorithmic Inflation Momentum Switching (AIMS) index, designed to generate excess returns from the US inflation market. The reason being that market participants switch from nominal bonds to TIPS when concerned about inflation. Barclays Wealth international offers discounted international online payments to investment and mortgage advice from our specialist advisers. It provides you with immediate access to your money as well as control over your day-to-day spending wherever you are. www.barclays.com Ã Ã 5.2.2Ã Demand Strategies Target students and matured wealthy Nationals returning home or resident locally, including doctors, lawyers, managers, entrepreneurs and retired persons. Product differentiation so as to gain competitive advantages in the market. Frequent adjusted slogan to continuously build its brand image. Ã Ã 5.2.3Ã Positioning strategies The bank is currently perceived to have a poor customer services compared to its peer group that is their service offering and quality are not very much outstanding as portraits by its branding. So the bankÃ¢â¬â¢s aim is to also move to the top position for service offering and service quality through its innovative product developments and improved service quality so as to defend its strong brand image. Ensures effective data management is improved. 5.2.4Ã Competitors Strategies Improve the quality of customer services by training staff. Increasely promote ATMs, online banking, Barclaycards and telephone banking services that will provide greater convenience to customers. Offer unique innovative Barclays Wealth-management and Barclays Capital products/services that will attract the target markets.www.barclays.com Ã 5.3Ã Marketing Mix Strategies 5.3.1Ã Product Barclays offers personal banking and credit card facilities through Barclaycard to customers. The products and services for personal customers include: bank accounts (from entry-level through to premier), a range of credit cards through Barclaycard, saving accounts, loans, insurance, online banking and mortgages through Woolwich. The also offers corporate and business banking, investment banking and Wealth management -which focuses on private and intermediary clients worldwide, providing international and private banking, investment management, fiduciary services, and brokerage. The group ensures these products and services are always available to satisfy customer needs. www.barclays.com Ã 5.3.2Ã Price The group ensures the prices are affordable with respect to the target customers. For example, no monthly fees, interest Ã¢â¬âfree overdraft and 25% discount on its mobile broadband schemes to those who signed up for a Barclays student account. Also a discounted international online payment to investment. www.barclays.com Ã 5.3.3Ã Place The bank positions its product and services in such a way that they are be accessible at customers convenience such as Barclays replacement debit card delivered to customerÃ¢â¬â¢s home in two working days, availability of Quick Tap contactless reader at over 50,000stores. Mobile phone banking and increase in a network of local branches. ATMs at strategic locations throughout the country. Increase franchises. 5.3.4Ã Promotion Word-of-mouth campaign, literature in branches, TV advertisements, sponsorships, business magazines and news papers, and bill boards. Online advertising on website and direct mail to prospective students. Phone prospective customers or visit them at their residents or place of business to sell products and services to them Develop an advertising campaign programs targeting the selected groups of customers. Ã Ã Ã 5.3.5Ã Personnel and Services Develop a performance appraisal system that will allow for feedback throughout the fiscal year which determines annual salary increments and the quarterly bonuses such as travelling allowances, reward for sales volumes in order to motivate staff. Recruit more people that possess the required skills for the tasks available and provide each of them with a job description setting out clearly the job expectations and goals, as well as the required job-related behaviors. Offer good training to both existing and current staff for the job required task. Improve on customers services by training both top management staff and subordinates to be customer-centric. www.marketingweek.co.uk/opinion/barclays , and www.barclays.com/products and services. 6. Channel analysis Barclays bank uses the following ways to reach its customers through its multichannel routes such as franchises and strategic alliances such as; Absa group. Ã Through telephones, ATMs, contactless payment cards and visa debit cards. The bank has about 1,900 branches in the UK as well as operations throughout Europe, Africa, the Middle East, and the US. Also plans to improve on the centralization of its branches within each target market. Increase the number of its local branches within the high streets of UK, such as Universities areas. Ã www.barclays.com 7. Implementation and Control Barclays group supports a marketing oriented culture to provide market perceived offering that meets customerÃ¢â¬â¢s expectations by placing a strong emphasis on its market research (SWOT and PESTLC analysis) to discover the data ofÃ its market context, customer requirements, competitors activities, the most appropriate way to run their channel operations (distribution and marketing communications) The group has ten existing skillful directors and two current directors, all assigned to manage each of the products and services business units efficiently and effectively with the help of 147,500 employees through management by objective. Ã The budget holders who are top management will be given incentives, so as to hit and improve both their sales forecast and profit targets. The group headquarters management foster and encourage creativity and innovation through out the business while ensuring effective risks management and financial discipline is in control. www.barclays.com 8. Financial Forecast Ã · Target return on equity of 13 per cent by 2013 Ã · Income growth between 4.3 and 6.4 billion pounds in 2013 relative to 2010. www.barclaysannualreport.com 9. Contingency plans Ã Invest more in multichannel platform such as; success performance in mobile banking and online investment platform. Effectively and efficiently focus on productivity and innovations Ensures customer sovereignty is in place by staying close to them and effectively managing their risks. 10. Conclusion I have taken a critical look in to the situation faced by Barclays group PLC such as its objectives, and goal (13 percent returns on equity by 2013 and income growth of) the group expected to achieved. While taken in to consideration its strengths, weaknesses, threats and opportunities sorted out by the use of SWOT and PESTLC analysis, as well as competitorsÃ¢â¬â¢ analysis, and its marketing strategies on execution. I am emphasizing on top management and staffs, to stop doing market skimming and be more customer-centric when making decisions and executing strategies as well as carrying out effective and efficient implementation and control in order to reach desired target. References
Monday, March 2, 2020
Important Tips For Personal Statements As someone who has written many personal statements for college applications, I know firsthand how mind-numbing and frustrating the process can be. That is why I would like to take this opportunity offer some suggestions and writing tips for personal statements. Hopefully after reading the following paragraphs, the idea of writing a personal statement for your college of choice wont seem so intimidating. In my opinion, the most important tip for writing personal statements is to give yourself plenty of time. Allowing several weeks or even months in which to write your essay means that you can afford to take your time and compose an excellent composition. The worst thing you can do is wait until the last minute to write your personal statement. Doing so will almost guarantee frustration, disappointment, and a mediocre final product. Another excellent tip that I advise when writing your personal statement is to create many drafts. As each draft of your personal statement is most likely an improvement on the last, it cant hurt to write as many drafts as possible until you are absolutely satisfied with your paper. Then, after you feel you cannot make any more corrections, send your personal statement to a professional editor for final polishing. Although the above tips might seem elementary, committing to them will drastically improve the overall quality of your paper. If you would like some more tips for personal statements or if you would like additional information on college admissions essays, please dont hesitate to access the link provided. This link will direct you to an excellent online resource for admissions essays.
Saturday, February 15, 2020
Women and Driving in Saudi Arabia - Article Example Men and the Saudi government, in general, do not have any right to direct women on what they should do and what they should not engage in. Moreover, women all over the world including Saudi Arabia have proven that they are worth more than domestic objects. Accordingly, women are involved in management and leadership positions initially reserved for their male counterparts. This goes to show that the same way women are capable of managing other duties including work and family responsibilities, they are also able to manage driving and the challenges that come with this task. Thus, there is no obstacle holding back the government of Saudi Arabia to consent to lift of the driving ban. The Saudi government should let women drive because they have expressed a great willingness to drive. This reveals that the decision to deny women the right to drive is not welcomed by this population. As a result, women have come out and openly to show resistance towards the ban on driving. For example, on October 26, 2013 camping, women set behind the wheel and proved to the people that they could drive (Bynes 1). They recorded themselves driving and uploaded the videos on YouTube. Some people saw the women when they drove and gave them thumbs up which means that many people support women driving. In another protest, women came out in large numbers to test drive around the city. Ironically, as one of the participants narrates the experience, not even the police stopped her, and people around seemed not to notice (Burke 2). Notably, banning women from driving is just in perception, but in reality, it does not raise any concerns.