Saturday, October 5, 2019
Week 1 Essay Example | Topics and Well Written Essays - 250 words - 1
Week 1 - Essay Example The tool has automatic detection programs that keep history of a network system. In addition, the tool analyses all the activity and detect traffic in the network. It shows the period for which a program or application has been running and data usage for the same (Choudhary et al., 2013). Therefore, network analysers can elicit any operational challenges that can slow down or crash a system. Network analysers do detect not only viral software, but also test anti-malware programs. The analysers crosscheck the programs and monitor their operations. Network analysers equally pinpoint vulnerabilities in the anti-virus programs. After detection of suspicious software, network analysers notify a user through messages that pop up in the screen. Such messages could be in the form of warnings upon detection of any threats. Network analysers are vital in detecting unusual characteristics in a packet. The features of a system must remain standardised for efficient operations. Network analysers, therefore, compare progress activities of application and program to elicit any suspicions (Chih-Jung, 2013). Analysis of packets also entails identification of packet destinations and sources. Network analysers work through assessment of the general system or computer applications and programs (Chih-Jung, 2013). The analyses are crucial in the creation of plug-ins for specific applications. Monitoring of apps and user activities largely depend on consistent display of all the statistics on a control panel that is user-friendly. Choudhary, A. K., Harding, J., Camarinha-Matos, L. M., Lenny Koh, S., & Tiwari, M. K. (2013). Knowledge management and supporting tools for collaborative networks. International Journal Of Production Research, 51(7), 1953-1957.
Friday, October 4, 2019
Journal 2 Research Paper Example | Topics and Well Written Essays - 750 words
Journal 2 - Research Paper Example In my opinion, this question is a critic to capitalism as one of the real events depicted in the film. The director use of rational signs in the detention shows connections revelations that provoke legalized solutions. The first robbery in Argentina leaves a lot of traces and signs that are littered in the streets of Buenos Aires Suburb. The signs left are of dead bodies, vehicles and firearms, which prove a different approach from the other films since directors ensure lack of traces, incase of such a crime. The film depicts a society that lacks morals despite having police officers depict the rule of law. The fact that a gang of thieves can comfortably rob and get away leaving numerous people dead and other hurt depict the lack of morals. Similarly, the destruction of property can be associated with the three members of the robbery gang, Nene, Mereles, Dorda, who are incredibly high on alcohol and drugs. A community that allows consumption and the supply of drugs builds up boards o f immorality. Although police officers are in possession of guns, they experience a tough fight in the second scene of robbery from the entire gang. The film director uses this scene to show the manner in which the society is in possession of illegal firearms that can prove more powerful than those of the governmental officers can. This is because the gang takes control of the fight for about fifteen hours where they offered complete resistance to three hundred Uruguay armed police officers. In most films, the government usually has an upper hand in the fight but the director chooses to have the gang become more powerful despite police officers use of firearms, tears gas, toxic gas, intelligence devices and grenades. Gay relationships are a major theme in this film with the Nene and Angel acting different from the relationships portrayed in the film Philadelphia. The relationship in Philadelphia depicts complications where one of the characters has HIV/Aids and has to hide at home t o avoid people noticing his homosexuality. Beckett reasons for not proclaiming that he was gay to his fellow workmates were associated with the manner they talked about the homosexuality issue during their leisure talks. These two men in Plata Quemada, Nene and Angel, have a relationship centered on the game of love, hate, pain and passion. In addition, the presentation of gay lovers in a film presented in the genre of thriller is quite rare and adds on to the differences of these two films. The buildup of these two lovers is so string such that madness s depicted in places where jealousy is employed. The entire contrast between the movie charactersââ¬â¢ affection and the violence in the entire film brings a unique aspect in the film. The gay lovers in Plata Quemada are realistic in the manner they enact around each other. For instance, their closeness and affection is felt when one of them is shot and the other in outraged pain shoots out bullets at the police officers. Since ga ys are lovers and are in a relationship they are bound to get jealous this is portrayed when El Nene notices Giselle and unexpectedly turns his head. The director shows jealousy in Angel that he explains in similar to murderous jealousy. Comparing these gays in praxis with the ones depicted in the film poison, John Broom and Jack Bolton do not seriously enact out their relationship. The entire film depicts representation and desire the main character in this depiction IS John Broom. The film
Thursday, October 3, 2019
The effects of war and technology on the apocalyptic genre Essay Example for Free
The effects of war and technology on the apocalyptic genre Essay The apocalyptic genre centers on theme of prediction of disaster or warning of havoc in future, involving widespread destruction and devastation. Global warming can be a good example of apocalyptic scenario. In fact man is afraid of himself and more so what he has created. War is a disaster of manââ¬â¢s actions that has always had devastating effects on his life. With advancement of technology, war has taken a notch higher and so is the destructive effects which are to be accounted by sophisticated weapons used. This is compared to the fear of gods as in the Greek culture of 5th century in Athens (Ford 72). In those time one could not defy the gods and succeed in his or her endeavors because guided by hubris, one met fate he or she was destined, as depicted in the classical literary works. Supernatural forces The gods represented the divine powers controlling fate of man. Sophocles presents these powers of the gods in dramatized play in the story of a man unwitting moving closer to the unhappy fate he has been all along struggling mightily to avoid. The child Oedipus is born to a royal couple, Jocasta and Laius but a grim prophesy deprive this child the royal upbringing. Outcasted to be killed Oedipus is rescued and brought up by Corinth King. As he grows up the issue of his real parents comes up and Oedipus seeks the oracles to know the truth about his parents (Markantonatos 26). The quest to know his real parents in Corinth takes him to oracle Delphi who told him he would kill his father and sleep with his mother. Oedipus leaves Corinth but on the way kills a stranger-his father because of his pride and ignorance. Had he been conscious of what the oracle had told him? He should have avoided all confrontations like that at the crossroads and would not have succumbed to killing. His investigation to know the killer of King Laius exemplifies the height of his ignorance as he accuses Tiresias of lying on behalf of Creon, his great opponent for kingship of Thebes (Markantonatos 39). Oedipus rebukes Tiresias for his lack of sight but it turns out, he himself is blind to the truth. When the truth dawns on him he is so angry that he gouges out his eyes. The hubris and hamartia are achieved is this play as Oedipus, through his pride and ignorance, guided royalty to know the truth leads to his fate, and draws the readers sympathy. Although the divine powers are blamed for what happened to Oedipus much of his ignorance is attributed to hubris which brings him the catastrophe that befalls on him. In Oedipus at Colonus, Sophocles depicts the end of the tragic heroââ¬â¢s life and his mythic implication for Athens. Oedipus undergoes the transformation from an abject beggar, outcasted from his city because of his deeds, into a personality of enormous power, proficient of extending divine blessings. Markantonatos (39) reminds us that the play expresses the Greek mythology belief of supernatural forces that define the destiny of man. Oedipus and Antigone seek refuge in Athens after they are banished from Thebes. A conflict arises in Thebes where Creon and Eteocles, Oedipusââ¬â¢ son want Oedipus to return in Thebes to bless them to avoid a curse foretold by the oracle. Oedipus greets Polynices with the curse of mutual fratricidal murder. As the play ends the curse has been fulfilled for Polynices and Eteocles are engaged in battle where the prophesy of the curse is fulfilled as they kill each other (Ford 51). The effects of war in this case led to the death of brothers and curse finishes the whole family. According to Ford (59) the gods in ancient Greek culture of 5th century B. C were feared because of the influence over the lives of the people for destiny could be shaped in the punishment of ones sins and the punishment came on ones life and mostly at the height of success which was more embarrassing. On responding to the lives of the characters in Oedipus at Colonus shows war has on brought disastrous effects on the life of man. Due to his war-like attitudes, Oedipus kills his father and the curse is fulfilled in his life where he moves from grace to grass and his lineage also falls because of war. This although point on the supernatural forces at work, war has been brought by the characters hubris and hamartia which contributes to devastating effects on their lives in fulfillment of the predictions of the oracles. War and the supernatural forces in apocalyptic genre have generally contributed to the catastrophes that affected the Greek society. Man can only marvel at the wonders and fears brought by the divine forces at work but war is his creation and can be avoided by opting to solve the issues at hand amicably. Had Oedipus been patient after the oracleââ¬â¢s Delphi prophesy, he would have found the truth that the assumed parents in Corinth were not his real parents. His anger at the crossroads made him kill his real father despite the fact that it had been prophesied that he kill his father (Markantonatos 60). Had he controlled his anger would he have avoided the fulfillment of the prophesy on him? Much is blamed on the gods of manââ¬â¢s destiny but what is clear is man leads himself to his fate. Is it belief that leads man to his destruction or is it entirely on the part of the supernatural forces? Man can on his part prevent what is happening to him by exercising caution and trying control his actions that bring disaster to him. Effects of war and technology The effects of war and technology in the world of literature are dramatized in science fiction which makes man afraid of his own creation. In the world today many wars are being experienced that have devastating effects on the lives of people. According to Wells and MacAdam (37) the technology of man has led to the manufacture of the most sophisticated weapons the world has ever witnessed. Cases of these weapons used against mankind have produced disastrous and mass deaths that have shocked the world and might take many years to forget the Holocaust of Jews and the Hiroshima. In actual representation of these effects in apocalyptic genre has left man guessing what the technology and war can bring to man: mass deaths and effects that threaten manââ¬â¢s existence. This has been exemplified science fiction novels and produced in movies that have been very touching and arousing to the psychic of man. The War of the Worlds H. G. Wellsââ¬â¢ The War of the World is a masterpiece literary work detailing the effects of technology and war on man. The book evokes details of the British countryside and a city under siege and Wells succeeds in the way he depicts the sequence of events in the melodrama tragedy which is fun but leaves the reader with something to think about. The novel recounts the meaning of invasion and in this case alien from other planets. The aliens are more armed than people could have imagined with lethal weapons that threaten life on earth. Arrogance is to blame for more aliens land on earth and more havoc increases caused by the aliens (Wells and MacAdam 40). The image depicted by the narrator of people fleeing the city is really shocking for it points to the effects of war which are projected to cause displacement of people and destruction of properties. Due to activities of war sanity is lost and the world goes mad over the effects hovering on land. Everything is in frenzy as people try to fight off the menace threatening peopleââ¬â¢s lives, and fortunately the aliens succumb to exposure to common terrestrial bacteria. Interpretation of The War of the Worlds In apocalyptic genre, the work predicts the outcome of future incidences that have disastrous effects on lives of the people. The War of the Worlds predicts the use of sophisticated weapons that can cause mass deaths as depicted by the invasion. It may not happen as predicted but the continued advancement of technology on weapons we may in future experience wars that employ these weapons, bringing havoc to the same people who made the same weapons (Wells and MacAdam 28). For this reason man has to be worried not of the ancient gods and the supernatural forces as depicted in the classical Greek plays, but because of his actions to create weapons via the advanced technology. Supranational agreements on the proliferation of weapons of mass destruction are today being tightened to avoid the wars these weapons may be used. But for how long shall these agreement hold before defaulters emerge and these weapons reach the hands of terrorists? How long before nations start rising against each other? These are the fears man has of weapons he has created and what effects they can have to the world. In the Greek culture, man worried about the gods and how they affected his life, but man today is more worried of the wars and technology that has enabled him create weapons which have devastating effects on life (Wyndham and Francis 98). Not to say that gods do not influence his life but mainly because he has understood his actions are to blame for the pathos and bathos befalling on him. The Day of the Triffids John Wyndham science fiction depicts a world where man has to struggle against the odds to brave the reality that is phasing out humans into extinction. A plague is out to wipe the human race and only two people are remaining sane on the world: Bill and Josella. The community is being devoured to extinction by combination of the triffids which are carnivorous man made plants that can walk, talk and are in revolution to take up the world from man. In fact the seeds of the plants have scattered around the world after a plot to steal them from Russian laboratory (Wyndham and Francis 81). Bill finally meets Josella whom they had been separated but have to fight off the triffids which are proving to be resilient. Wyndham novel is about what might be explained as the impeding doom of human race after the Cold War. Reflections on the novel fit in apocalyptic genre where the humanity may slip-off the agreements on nuclear weapons in to an abyss of nuclear holocaust. Overpopulation and inadequate resources are posed to be the sources of wars that may at one time find the biological and nuclear bombs being unleashed into the world so that some nations may have control over the world and gain access to these scarce resources (Wells and MacAdam 34). Interpretation of The Day of the Triffids It is not a joke when it is said that resources are diminishing at a fast rate. The effects have been felt on the environment, and when scientists talk of global warming we should believe every word. With every nation being polarized on the issue to ensure that its large population gets the basic resources we may find ourselves in a kind of war like activities to get these resources at whatever costs. Wyndham and Francis speculate that greed may take over many nations and invasions to get these resources rise bringing wars fought using all sorts of weapons (86). That biological weapons and virus are being manufactured in labs is not new. In fact most viral infections that are adversely affecting the world at large are as a result of lab processes that go wrong resulting to mutations forming deadly virus that are a threat to the world. There are those who spent sleepless night trying to come up with the most lethal biological weapon that can upon use wipe a whole nation. Although most of what we read is fiction work, nations and terrorists organizations are upbeat in their act to harm mankind in every way using the latest technology. The novel is a thoughtful reflection on morality, where the devil is in man (Ford 65). Wyndham and Francis (92) argue that every scary part reveals the triffids were eventually conquered and destroyed but technology is in action today and many tests in experiment. Wars are brewing everywhere and the threat remains great and the relentless militancy of man still lurks underneath. Biological weapons remain a great threat to the world because it is the most undetectable unlike other weapons which is not a speculation as it has been experienced in the world and many world hate. This serves as an eye-opener to the thinking man and there is need to worry over what might happen if the hell broke loose. In Greek tragedy plays worry was eminent and people took caution not to rub the gods the wrong way because something bad may happen to their lives (Wells and MacAdam 37). Today man has his worry pegged on wars and technology, his own creation, which are proving to bear their toll by causing mass deaths. Conclusion The apocalyptic genre has most of themes projected on prediction to future disastrous effects on manââ¬â¢s life. The Greek culture had the fear of gods which brought the tragedy to the hero in the play and mostly the people had to seek the oracles (supernatural forces) to know their fate which they could not change due to hubris. Man today is afraid of his own creation, wars and technology, which are bringing devastating effects. The apocalyptic genre in this case predicts the volatile situation we are living in amid the nuclear weapons which if reach in wrong hands like terrorists can be hazardous to humanity. Work cited Ford, James E. Rationalist criticism of Greek tragedy: the nature, history, and influence of a critical revolution. Lanham, MD: Lexington Books, 2005. Markantonatos, Andreas. Oedipus at Colonus: Sophocles, Athens, and the world. Berlin; New York: De Gruyter, 2007. Wells, H. G and MacAdam, Alfred J. The War of the Worlds (Barnes Noble Classics Series). New York: Barnes and Noble classics, 2004. Wyndham, John and Francis, Pauline. The Day of the Triffids. London: Evans, 2003.
Wednesday, October 2, 2019
Mission, values and key objectives of Faysal Bank
Mission, values and key objectives of Faysal Bank Organization:- An organization is a person or group of people intentionally organized to accomplish a common goal or set of goals. Faysal Bank Limited:- Introduction of Faysal Bank Limited:- Faysal Bank Limited was incorporated in Pakistan on October 3, 1994, as a public limited company under the Companies Ordinance, 1984. On January 1, 2002, Al Faysal Investment Bank Limited, another group entity in Pakistan, merged into Faysal Bank Limited which resulted in a larger, stronger and much more versatile institution. Mission:- Mission or Purpose is a precise description of what an organization does. It is a definition of why the organization exists currently. Each member of an organization should be able to verbally express this mission. A mission statement focuses on the how of your business. Faysal Bank Mission:- Achieve leadership in providing financial services in chosen markets through innovation. Values:- A value is a belief, a mission, or a philosophy that is really meaningful to the company. Faysal Bank Values:- Our daily code of conduct is exemplified by eight core values: * Threshold values values at the heart of our brand. * Differentiator values values that set our brand apart. Threshold Values:- * Integrity- Our Integrity: Our Identity * Team Work- Our Team Work: Our Asset * Respect- Our Respect: Our Duty * Professionalism- Our Professionalism: Our Competence Differentiate Values:- * Passion- Our Passion: Our Worth * Responsiveness- Our Responsiveness: Our Distinguisher * Innovation- Our Innovation: Our Strength * Compassion- Our Compassion: Our Gift Objectives:- Objectives give the business a clearly defined target. An objective is something you want to achieve. Faysal Bank Objectives:- * Prime focus to earn profit by providing values to its customers. * To provide superior services to its customers. * To provide assistance in the development of the commerce and trade industry. * Focus on blending skills and experience towards creating an enabling environment. * Core focus is to inculcate a culture of collaboration intended to deliver world class customer service. * To promote and boost up business sector inside the country. * To provide the employment opportunities in the country. * To provide loan and advances to help out in self employment schemes * To earn profit for the bank itself and for its stakeholders. * To create maximum economic value for shareholders through constant relationship focuses on financial services. Stakeholders:- Stakeholders are individuals or groups who have an interest in an organizations ability to deliver intended results and maintain the viability of its products and services. In the development of a firms mission and vision is a good place to start, but first, of course, you must identify critical stakeholders, get a handle on their short- and long-term interests, calculate their potential influence on your strategy, and take into consideration how the firms strategy might affect the stakeholders (beneficially or adversely). Stakeholders can be internal as well as external Internal Stakeholders:- Internal stake holders are individual or groups inside a business or an organization. External Stakeholders:- External stake holders are individuals or groups outside the business who are interested in the decisions an organization makes. Overall stakeholders include owners or shareholders, managers, employees, customers, government, suppliers, communities and Investors. Some stakeholders may have more than one interest in a business. An employee might also be a stakeholder. Managers are employees of the business, a customer might be a member of a local community but yet they can be stakeholders. Stakeholders in a business will usually benefit from their involvement with the organization. Employees will earn money which they can spend on goods and services. Customers will consume the goods and services supplied by the business and the government will collect tax from the organization. P2:- Evaluate the extent to which an organization achieves the objectives of three stakeholders. Interest Objectives of Stake holders:- Different Stake holders have diverse objective and they have different affects on an organization or business. According to Michael Novak following are seven points that should be kept in mind according to business ethics when developing relations with stakeholders. * Customer satisfaction by providing goods and services of real value. * Reasonable return on the funds entrusted to the business by its investors. * Create new wealth * New job opportunities * Promote invention and creativity * One of the most important is to diverse public interest into different sectors of life. Following are the needs of the stakeholders that the organization caters to for their complete satisfaction. * Shareholders want regular, secure and high returns. * Managers want responsibility, high rewards and a lack of interference in their actions. * Employees want high earnings, an interesting job and secure employment. * Customers want quality products at low prices and a good service * Suppliers want secure, regular and profitable orders. * Government wants to achieve a large number of goals including growth in the economy and low inflation. * The local community wants thriving local businesses which do not cause problems. P3:- Explain the responsibilities of an organization and strategies employed to meet them. Responsible Behaviour of an Organization:- Social Responsibility:- Agency theory devised by Milton Friedman says that the social responsibility of an organization is to generate the possible profit for its shareholders with fair competition, no fraud, etc. It should be understood that the managers of a firm are no more than agents working on behalf of the owners. But at the other end, the stakeholder theory emphasizes a broader set of social responsibilities for business (Mullins, 2005). Ecological Responsibility:- Ecology and the increasing destruction of ecosystems and natural resources have a widespread concern from the public, the governments and inter-governmental agencies. Business organizations in the whole world are required to conduct an Environmental Impact Assessment (EIA) for their new operations or expansion of the existing ones. EIA is a detailed study of the likely environmental consequences of the new development, together with plans to avoid causing damage or to repair damage that cannot be avoided. The EIA takes into account whether resources used are renewable or non-renewable. Allaby elaborates that the cost of obeying regulations may inhibit innovation and apart from the economic effect, this may delay or even prevent the substitution of new products and processes for old ones. Business Ethics:- Business ethics has a broad spectrum, because any action by a firm or one of its employees can be done ethically or unethically (Mullins, 2005). Thus the behaviour of a business towards its customers, competitors, suppliers, employees, the environment, local communities and other stakeholders will certainly reflect the organizational cultures in terms of ethics adopted or neglected. Sternberg includes two tests of the decency (e.g. refraining from stealing, cheating) and distributive justice (i.e. ensuring that rewards are proportional to contributions made). Therefore, an organization is said to be ethical if it satisfies three tests of: * long-term wealth growth of its owners; * common decency * distributive justice If it fails in any of these three tests, the organization is deemed unethical. Management Responsibilities:- The stakeholder view suggests that management is responsible not only to the organizations owners (Shareholders), but also has responsibilities to: * Employees * Customers * Suppliers * Competitors * The Local Community * The general public (and government) Public Relations and Corporate Image:- Corporate image describes the public attitude towards a company, or the image of the company in the mind of the general public and, perhaps more specifically, in the minds of potential customers. It is possible to promote a desired corporate image through a combination of public relations, advertising and the experiences and attitudes build up by customers over the year. (For example, the favorable corporate image of Marks and Spencer grew up over many years, without the need for substantial PR or advertising.) P4:- Explain how economic systems attempt to allocate and make effective use of resources. Economic System:- Economic systems comprises of a long list, some of which are as under:- * Capitalism * Socialism * Mixed Economy Capitalism (Free Enterprise):- Capitalism is an economic system characterized by a free market in which means of production and distribution (the land, factories, technology, transport system etc) are privately owned referred to as the capitalist class. The people who sell their ability to work in return for a wage or salary are referred to as the working class. The working class is paid to produce goods and services which are then sold for a profit. The profit is gained by the capitalist class. The capitalist class lives off the profits they obtain from exploiting the working class while reinvesting some of their profits for further accumulation of wealth. Socialism:- Socialism is an economic system in which the means production and distribution of goods are owned by the community collectively usually through the government. Socialism is characterized by: * Production for use rather than profit * Equality of individual wealth * Absence of competitive economic activity * Government determination of investment, prices, and production levels Mixed Economy:- Mixed Economy is an economic system which allows the simultaneous operation of publicly and privately owned enterprises. It is an economy that reflects the elements of both capitalism and socialism. In a mixed economy, the private ownership as well as the state takes part in the means of production, distribution and other types of economic activities. Allocation of Resources in the Economic system:- In capitalism, the motive for producing goods and services is to sell them for a profit, not to satisfy peoples needs. While in socialism all rights and decision are taken under the government bodies. Everyone can get benefit from that economic system while in mixed economy both socialism and capitalism take place. P5:- Discuss the impact of Social welfare and Industrial policy. Social Welfare Policy:- Modern social welfare measures may include any of the following: the care of destitute adults; the treatment of the mentally ill; the rehabilitation of criminals; the care of destitute, neglected, and delinquent children; the care and relief of the sick or handicapped; the care and relief of needy families; and supervisory, educational, and constructive activity, especially for the young. Industrial Policy:- Government provides the financial support and capital to the private sector by direct subsidies, tax credits, or government-run developmental banks. Industrial policy emphasizes cooperation between government, banks, private enterprise, and employees to strengthen the national economy. Impact of Social Welfare Policy on Faysal bank Ltd:- As Faysal Bank is a socially responsible corporate entity so it has been a regular contributor to the society and communities it operates in. The employees of the bank established a relief fund for Internally Displaced Persons from Swat, with the bank. The bank partnered with the Institute of Business Administration (IBA) Karachi to provide Rs. 50 million over a period of 3-5 years for sponsorship of one academic chair in IBAs Executive MBA program. The bank even donated 183 computers to different educational institutions with a focus on promoting education for the underprivileged. Impact of Industrial Policy on Faysal Bank Ltd:- The main impact on FBL is if the government of Pakistan increases the interest rate so the all banks will get affected by this decision. Due to more interest profit will decrease and people will be reluctant to utilize the services and facilities provided by the bank. P6:- Evaluate the impact of macroeconomic policy and its influence. Macroeconomic Policy Measures:- Macroeconomic is one of the two most general fields of economics that literally means managing economics at large. It deals with the entire economys performance, total amount of goods and services produced, decision making, structure and etc. It can be national, regional, or global economy. It includes the study of GDP, unemployment rates, and general behavior of prices to understand how the economy works. It also develops models for analysis of national income, inflation, savings, investment, international trade and etc. Fiscal Policy:- Measures employed by governments to stabilize the economy, specifically by adjusting the levels and allocations of taxes and government expenditures. When the economy is sluggish, the government may cut taxes, leaving taxpayers with extra cash to spend and thereby increasing levels of consumption. An increase in public-works spending may likewise pump cash into the economy, having an expansionary effect. Conversely, a decrease in government spending or an increase in taxes tends to cause the economy to contract. Fiscal policy is often used in tandem with monetary policy. Until the 1930s, fiscal policy aimed at maintaining a balanced budget; since then it has been used countercyclical, as recommended by John Maynard Keynes, to offset the cycle of expansion and contraction in the economy. Fiscal policy is more effective at stimulating a flagging economy than at cooling an inflationary one, partly because spending cuts and tax increases are unpopular and partly because of the work of ec onomic stabilizers. Impact of Fiscal Policy on Faysal Bank Limited:- Due to rise in rate of taxation the selected organization has to pay extra taxes, and due to this it will cause reduction in investment because of less earnings and high taxes. The enlargement in the government expenses or payments will increase employment rate as well as the purchasing power of the people means they will spend more. This will cause rise in demand of hospital facilities and services. Monetary Policy:- Measures employed by governments to influence economic activity, specifically by manipulating the money supply and interest rates. Monetary and fiscal policy are two ways in which governments attempt to achieve or maintain high levels of employment, price stability, and economic growth. Monetary policy is directed by a nations central bank. In the U.S., monetary policy is the responsibility of the Federal Reserve System, which uses three main instruments: open-market operations, the discount rate, and reserve requirements. In the post-World War II era, economists reached a consensus that, in the long run, inflation results when the money supply grows at too rapid a rate. Impact of Monetary Policy on Faysal Bank Limited:- The supply of money will reduce, and the flow of money will be a smaller amount due to all this it will affect the business performance. Decrease in business actions will decrease buying power of people and income rate. Due to more interest profit will decrease and people will buy less services and facilities from the selected organization. M1:- Give your judgments about the organizational performance in achieving its objective and also satisfy its stakeholders. Banks Performance:- 2009 was the first year of implementation of banks five year strategy developed in 2008. The bank made considerable progress in all five pillars of strategic focus i.e. Customer Franchise, People, Risk Management, Processes and Financial Perspective. Customer Franchise:- Keeping in view the objective of being the bank of choice for customers, new initiatives were undertaken during the year. To improve customer experience, a service quality department was set up which developed a comprehensive service quality program covering customer experience measurement, process refinement and employee engagement. Islamic Banking: Barkat Islamic Banking was launched, that introduced Shariah compliant banking transactions. Alternate Delivery Channels: The Bank expanded its ATM network by adding 23 new ATMs taking the total ATM network to 116 ATMs across the nation. The bank also introduced real time Cash Deposit facility through ATMs on 13 Cash Deposit ATMs in selected cities. People:- Organizational structures across all functions were reviewed and aligned to focus on business, risks, costs and clarity of roles and responsibility keeping in view with the best practices. Similarly HR policies were reviewed and have been revised. A new performance management system was introduced. Trainings were also conducted for soft skills development of employees. Risk Management:- The Risk Management Framework was revitalized through inclusion of following functions:- * Special Asset Management Group focusing on account recovery and classified exposure management, and * Credit Administration Department engaged mainly in credit monitoring and security documentation. Processes:- The bank centralized five operational hubs into a processing centre for providing seamless services from one single location to the entire branch network. Two geographically separate centralized operation clusters have been created to behave as a backup site for each other in case of a major disaster at one location. Financial Perspective:- In line with the organizational setup, the MIS setup of the bank has also been changed from geographical to functional. During the year MIS level was graduated to the next level i.e. from business segment level to customer level. M2:- Discuss how much the organization acting responsibly under current circumstances. There are various ways and methods for an organization to consider so they can act responsible, however those various ways and methods also depend on the kind of organization you are working with. However, the organization we have selected to write upon is the banking sector. Banks are situated at at places ideal for customers and are environment friendly, as building do not pose threats to the environment. Given the nature of the bank work, which is mainly clerical or administrative, employees are not subject to occupational health hazards. However, a variety of occupational risks to health do exist in the banking sector, as in other clerical occupations. It is the important for the employees health that adequate standards of hygiene, cleanliness and comfort are maintained in the workplace. It is difficult, to single out health risks involved to the banking sector that are not common to other clerical occupations and it is even more difficult to isolate any special problems in this area for employees of multinational banks. In the majority of cases, foreign and domestic banks are moreover governed by the same legislative standards with regard to health and safety and hygiene in workplaces, which are said to be respected by foreign banks and enforced through inspection at regular intervals. In a number of countries, particularly in Europe, enterprises of a certain size are obliged by law to set up a joint committee on safety and health to monitor the application of legal provisions, point out deficiencies and make suggestions for improvements. Many of the large banks have gone far beyond the legal prescriptions in their concern for protecting their employees health. For example, in a number of cases they have organized training sessions for employees on safety and health problems, precautionary measures in the workplace, fire prevention and other security matters. Ethical codes are rooted in a wider value system, as to what is right or wrong. Companies do have ethical responsibility and are not protected by limited liability from the consequences of their actions. A companys record and the perception of its ethics affect its reputation and ensure long term success or failure. The financial community has a history of placing moral considerations above legal or opportunistic expedients. But we are often exposed to moral dangers. Bankers role is one of stewardship based on trust. They are trusted by the people who ask them to look after their money and they have a duty to lend that money responsible. Banking is about rewards reflecting real risks and ethical considerations form an important part of their risk taking activities. The welfare of borrowing customers money, in good times and bad is of major concern in any business proposition. Bank depends on people to run their business and to reflect their ethical standards. Banks have to let their people know what is expected of them. A bank responsibility extends to Government, customers, shareholders, staff and community. In the future, as the banks face increasingly complex and conflicting issues, their resolve and commitment to ethical behaviour will be tested. D1:- Justify a choice of a new mission statement salient features. Mission Statement for Faysal Bank Limited:- Focusing on the customers loyalty by providing standard financial services, through developing and delivering innovative products and services keeping in view the stakeholders profitability. Features:- * Customers loyalty * Financial Services * Innovation * Stakeholders Profitability Customer Loyalty:- Objective of the bank is to provide valuable and superior services to customers, so for this the Bank is focusing on close and long term relationship with customers. Their prime aim is to facilitate their customers with more advanced financial services, so to make them loyal. Financial Services:- Objective of the bank is to provide assistance for an individual and business, so the bank is providing mixture of financial services to an individual and businesses for the development and promotion of individuals life and commerce. Innovation:- The focus of bank is to bring more new ideas in their services to their customers. Which will increase the market share of the bank and will led the bank serve more customers. Stakeholders Profitability:- By providing valuable services and innovation it will increase the stakeholders wealth. D2:- Recommend the broad strategies to achieve stakeholders Objective successfully. Strategies:- * Focus the business on the groups core skills and process technology. * Position the group in growth markets where our core skills are applicable. Environmental Technologies Division, which combines the skills in catalysts and process technology, is well positioned to serve these emerging markets. * Differentiate their strategies by using our world class technology. We will continue to invest significantly in research and development to develop new products and manufacturing processes. Technology is the key driver for most of the businesses and because of that organizations have a strong science base with technical centers located in all our major markets. * Maintain strong relationships with major customers, suppliers, government bodies and other stakeholders by investing resources on joint projects to ensure the group is well positioned for future market development. * Continue to invest in employees to ensure they are well trained, motivated and encouraged to meet the challenges of the future. * Ensure the business is run in a sustainable way by using resources efficiently. M3 D3:- What are the response of an organization towards social industrial policy and recommended solution. Social Welfare Policy:- The impact of Social Welfare Policy on Faysal Bank is sometime positive and negative. In case of providing free education and medical treatment etc the bank has to spent money which can affect their financial position. While on other hand, by providing these facilities students get motivated. The Bank provides facility of internship to fresh students to develop their practical skills. Faysal Bank provides Gratuity Fund to their employees. The Bank provides fund to IDPs, earthquake/flood affected people, in case of natural disaster in the country. Industrial Policy:- Industries are growing in this leading age so the Faysal Bank is also one of the leading Bank in the banking sector of Pakistan. The Bank provides variety of products of standardized nature which encourages the bank position to be stable in that sector. Against other competitors in the Banking sector, the Faysal Bank has provided innovative products and services to their customers and to business. Providing loans to businesses and encouraging different businesses and providing standard services by Faysal Bank is representing that the bank has given full response towards the industrial policy. Observation and Conclusion:- I observed Faysal Bank Limited a financially sound bank. Its profits are increasing year by year. Their staff is very good and sincere with the bank. According to my research Faysal Bank is not yet facing any major problems regarding Social Welfare Policy and Industrial Policy. Faysal Bank views specialization and service excellence as the cornerstone of its strategy. The people at Bank realize that innovation, creativity, reliability, customized services and their execution are the key ingredients for their future growth. They are aware that they have stepped into 21st century and they must meet its challenges by acquiring the highest level of technology. They will thus be accelerating their technological advances to enable them to distribute their products and services through most efficient and high technology means.
College Admissions Essay: Half as Courageous :: College Admissions Essays
If I Could be but Half as Courageous à Helen Keller was born on June 27th, 1880 in Tuscumbia, Alabama. She was a bright infant, interested in everything around her, and imitating adults at a very young age. In February of 1882, she was struck with an illness which left her deaf and blind. For several years, Helen had very little communication with the rest of the world, except for a few signs which she used with her family. When she was six, her parents wanted desperately to do something to help their strong-willed, half-wild, child. They were far from any deaf or blind schools, and doubted that anyone would come to the little town to educate their deaf and blind child. They heard of a doctor in Baltimore who had helped many seemingly hopeless cases of blindness, but when he examined Helen, there was nothing he could do for her. However, he referred them to Dr. Alexander Graham Bell who recommended Anne Sullivan to teach Helen. à On March 3, 1887 Helen met "the Miracle Worker," Anne Mansfield Sullivan. Then, about a month later on April 5, Helen associated the water running over her hand with the letters w-a-t-e r that Anne was spelling into her hand. That day she learned thirty words and proved to be a very intelligent, fast learner from then on. She quickly learned the finger-tip alphabet and shortly thereafter, to write. Helen had mastered Braille and learned how to use a typewriter by the age of 10. When she was 16, she could speak well enough to attend preparatory school and college. In 1904 she graduated from Radcliffe College with Anne Sullivan by her side interpreting lectures and class discussion to her. à Helen then dedicated her life to improving the world. She delivered many lectures to improve the conditions for the blind and deaf-blind. She spoke out for women's rights and pacifism. She spoke in over 25 countries bringing new hope to many people. She spoke against World War I and her pay from lectures declined because of her stand. During World War II she visited military personnel who had become blind and/or deaf because of injuries. She also spent a lot of time raising funds for organizations working with the deaf and blind. Helen also wrote several books concerning her life, her religious beliefs, and her teacher Anne Sullivan.
Tuesday, October 1, 2019
Essay --
Over the past century, many countries have started implementing community water fluoridation as a method of promoting dental care. As a result, fluoridation has generated both positive and negative consequences for the human body and the societies. Fluoridation is defined as ââ¬Å"the process of adding fluoride ions to the public water supplies for the purpose of reducing the incidence of dental caries.â⬠1 Whether or not community water fluoridation will benefit society is a controversial issue. On the one hand, excess amounts of fluoride could lead to potential health problems and affect many tissues in the body besides the teeth. Furthermore, fluoridation removes individualsââ¬â¢ rights to choose what they ingest from the public water supplies and their rights to receive tailored medication. On the other hand, water fluoridation is considered safe for both the environment and individuals at optimal levels and it is an effective approach to distribution. Finally, because th e access to running water is widespread and cost-effective, water fluoridation could benefit the whole population equally. Firstly, when the amount of fluoride in the human body exceeds the prescribed standards, there is an association between fluoride and several health concerns. There is minimal difference between the toxic and effective dose. Therefore it is possible for individuals to suffer from consequences of fluoride over-exposure, such as dental and skeletal fluorosis. According to the Fluoride Alert Organization, fluoride could also disrupt the normal endocrine functions of several tissues and organs, including the bones, the brain, the thyroid gland, the pineal gland, and even blood sugar levels.2 For example, researchers claimed that acute poisoning of fluor... ...ves in the public water supplies must apply to the levels formulated in the ââ¬Å"Guidelines for the Use of Fluoridesâ⬠published by Ministry of Health. According to New Zealand Dental Associationââ¬â¢s study, in every single year, water fluoridation is estimated to prevent 58,000-267,000 cases of dental caries and associated illnesses. Also, there is a strong association between community water fluoridation and the decrease of childrenââ¬â¢s dental hospital admission rates.10 Over 60 years ago, researchers have been recording the effectiveness of community water fluoridation,8 which shows that there is a history of positive water fluoridation. Together with these contemporary findings, they prove the continuing effectiveness of fluoridation. Thus, public water supplies are ideal medium for fluoride and water fluoridation is a both safe and effective method at recommended levels.
Payroll System of Manufacturing Company Essay
Payroll is the basic need for an employee but employees need more to satisfy them. For that reason employers have to take various kinds of remuneration techniques. Manufacturing companies are not beyond that. S. Nahar Garments, a sister concern of mohammadi Group, is one of them. Currently this group doing their business in garments sector only. They provide different types of incentives it their workers with wage. Incentives encourage employees to their duties and eliminate dissatisfaction. By incentives employees can be motivated and get the best output from them. It means producers can increase their production by giving remuneration to their employees. In this assignment we tried to find out about the wage-plan of this company. We have also come to know that Bangladesh Government has amended the labor law. So, every producer has followed that rules. Moreover we have some recommendation to improve incentives techniques for increase production and motivate workers. BRIEF HISTORY Readymade garments sector is one of the most potential sectors of Bangladesh. 75 percent of the export revenue is earned from the readymade garments sector. S. Nahar garments is one of the active company in the garments sector to contribute in the earnings of foreign exchange. The company is a sister concern of Mohammadi group. It is an ISO 9001:2002 certified organization. It was established in 1985. Mohammadi group is one of the renowned companies in Bangladesh. This group contributes a lot in the garments sector of Bangladesh. This group has several garments in different areas in Bangladesh. The head office of Mohammadi group is located at Motijheel in Dhaka. Its factories are scattered in different areas in Bangladesh. It has factory in Badda, Mirpur, Naraynganj, Savar, Kanchpur, Adamjee EPZ and other different areas. All readymade garments produced from these factories are exported to Europe and North American market. 60 percent of its products are exported to European market and rests of the 40 percent are exported to North American market. Business Tycoon Md. Habibur Rahman is the owner of this group. Couple of years ago this group has real estate business also. But now real estate business has been separated from this group. OBJECTIVES OF THIS REPORT Every study has an objective. Our study is not separate from that. The general objective of this report is to identify the wage plan of a manufacturing company. We make this report on S. Nahar Garments (a manufacturing company) for preparing the incentive wage plan. Also such report gives the opportunity to prepare a real business report that will help us to makes report in future for companies. SCOPES OF THE STUDY This study was an opportunity for us to know about the wage plan and incentives in manufacturing company. We also gather knowledge about labor demands, and how to satisfy them. This kind of information helps us to know what incentives would be effective. All this knowledge will be helpful in our future career, when we will be a production manager or entrepreneur in manufacturing company. As we study before which incentives eliminate dissatisfaction and motivate labors. So, labors become more effective, dutiful, and sincere in their work by incentives. LIMITATIONS We found that all manufacturing companies do not take same incentives plan. There are some limitations in S. NAHAR GARMENTS. These are as follows: ? There is no piece work plan facility. ?They does not have 100 percent bonus plan. ? There is no group bonus plan facility. They do not have allowance for launch We directly visit their industry and take incentives from companies Public & Administration Manager and Deputy Technical Manager. Bangladesh govt. amended the wage law few years ago. According to this law there is a minimum wage and every garments and factories must follow these rules. S. Nahar garments is not exceptional from that. It gives its workers wage by following the wage law. There are 7 different levels/grade of workers based on training and experience. Levels Basic wage House rent (30% of Basic) Medical allowance Total gross wage Grade-7 1125 337. 5 200 1662. 50 Grade-6 1270 381 200 1851 Grade-5 1420 426 200 2046 Grade-4 1577 473. 1 200 2250. 10 Grade-3 1730 519 200 2449 Grade-2 2800 840 200 3840 Grade-1 3800 1140 200 5140 Wage table: Fixed by The Govt. of Bangladesh The above table shows that, in Grade-7 the basic wage of a worker is 1125 taka. He or she will get 30 percent of basic as a house rent and 200 taka medical allowance which is fixed. So the total wage of a worker in grade-7 is 1662. 50 taka. And this is the minimum wage rate for every garments and factory. As same as the basic wage of a worker in Grade-6 is 1270 taka and total wage is 1851 taka. The basic wage of a worker in Grade-5 is 1420 taka and total wage is 2046 taka. In Grade-4 basic wage is 1577 taka and total wage is 2250. 10 taka. In Grade-3 basic wage is 1730 taka and total wage is 2449 taka. The basic wage for Grade-2 and 1 are 2800 taka and 3800 taka respectively and total wages are 3840 taka and 5140 taka respectively. So in every grade the worker will get a basic wage, plus he or she will get 30 percent house rent of basic and 200 taka fixed medical allowance. Bangladesh govt. follows the following rule to set up a workerââ¬â¢s total wage in every grade. Total Wage = Basic wage + (Basic wage ? .3) + 200 House rent Medical allowance S. Nahar Garments Company also gives some extra benefit to motivate its workers. It gives its workers 100 taka as attendance allowance. In this garments every worker has to work 6 days in a week and rest of the day is holiday for the worker. If any worker is present all the working days then he or she will be given 100 taka as attendance allowance. If he or she in 2 or less than 2 days then he or she will get 50 taka as attendance allowance. If any worker is absent in more than 2 working days then no attendance allowance is applicable. This allowance is on monthly basis. The company also provides bonus on the festive season. That means on Eid, Puja the worker gets 50 percent bonus on his gross wage. There are overtime facilities for the workers in this garment. Every worker has to work 8 hours in a day and 48 hours in a week. He or she is allowed to work up to 60 hours in a week. For the overtime hours he or she will get 2 times wage of basic. This company does not provide any production bonus. The garments company also provides some others facilities. It provides drugs for its sick workers. The female workers get 16 week leave as maternity benefit. There is also a daycare centre for those female workers who have children RECOMMENDATION From the survey in S. Nahar Garments, we learn that their incentives wage plan is not much encouraging. So we advise that, they should provide launch allowances and follow the piece work plan. By using this plan they can increase their production. It is using motivation of labors. Because piece work plan give value of the labors work, and increase their wage. This plan also increases production, which can generate companyââ¬â¢s revenue. That means increase profits. So this plan will be effective and profitable for the company CONCLUSION At the end of the report it is quite evident that the wage plan of the S. Nahar Company is not very high. But, to increase this potential S. Nahar Garments must plan its way very carefully. We have formulated all the strategies needed to gain substantial wage plan. Now S. Nahar Company must follow all those strategies. Any lack of commitment in S. Nahar Garments part would result in a disaster. But after establishing themselves in organization they must not feel like winners. Making a greater wage for employees is not the end of the story ââ¬â it wonââ¬â¢t be living happily ever after. Because it is nothing about the fairy tales, rather the real world that is getting more and more dynamic and uncertain and where it is to believe that problems are there always but along with the solutions. It is just the initiative that should be taken at that moment to find the solution.
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