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Thursday, September 3, 2020
Paragraphs and essays free essay sample
Passages are the structure squares of papers. A section is a gathering of sentences that creates one principle thought. A passage may remain without anyone else as a total bit of composing, or it might be an area of a more drawn out bit of composing, for example, an article. No single guideline can recommend to what extent a passage ought to be the solidarity and intelligibility of thoughts among sentences is the thing that establishes a section, however a section that is too short can make a peruser imagine that some fundamental data is absent. Then again, a section that is too long will probably cause a peruser to lose intrigue. A successful passage must be sufficiently long to build up the primary thought the author is communicating, normally six or seven sentences long, however close to ten or twelve sentences. While the facts confirm that papers or magazines mistreat the section shape and frequently have passages as short as a solitary sentence, an all around created bit of composing will only here and there present a solitary sentence as a passage (except if the sentence is a bit of discourse). We will compose a custom article test on Sections and articles or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Fundamental passage structure A section comprises of a few sentences that are assembled. This gathering of sentences together talks about one principle subject. Passages have three fundamental chief parts. These three sections are the subject sentence, body sentences (supporting sentences), and the finishing up sentence. A subject sentence is a sentence whose principle thought or guarantee controls the remainder of the passage. It comprises of a subject and controlling thought, which is the point the author makes about the title. The point sentence is normally the principal sentence of a passage, however not really. It might come, for instance, after a progress sentence; it might even come toward the finish of a section. Point sentences are not by any means the only method to sort out a section, and not all passages need a theme sentence. For instance, sections that portray, describe, or detail the means in a trial don't normally require subject sentences. Theme sentences are helpful, in any case, in sections that break down and contend. Theme sentences are especially valuable for authors who experience issues creating engaged, brought together sections (I. e. , authors who will in general spread). Point sentences help these journalists build up a principle thought or guarantee for their sections, and, maybe above all, they help these scholars remain centered and keep passages sensible. Point sentences are additionally valuable to perusers since they manage them through here and there complex argum 5eents. Some notable, experienced journalists successfully use theme sentences to connect between passages. Theme sentences regularly start with transitional provisos alluding to the past section and the other piece of the sentence shapes and controls what follows. As a result of this point sentence is in some cases called controlling sentence. Supporting sentences as their name demonstrates bolster or clarify the thought communicated in the point sentence. A supporting subtlety is a bit of proof utilized by an author to make the controlling thought of the subject sentence persuading and fascinating to the peruser. A bit of proof may be an engaging picture, a model taken from history or individual experience, an explanation, a reality, (for example, a measurement), a citation from a specialist, or an account used to delineate a point. Obviously, sections in English frequently have in excess of two supporting thoughts. At whatever point conceivable, you ought to remember enough subtleties for your passages to enable your peruser to see precisely what you are expounding on. The Concluding Sentence In formal sections you will here and there observe a sentence toward the finish of the passage which sums up the data that has been introduced. This is the finishing up sentence. You can think about a closing sentence as such a subject sentence backward. You can comprehend closing sentences with this model. Consider a burger that you can purchase at a drive-through joint. A cheeseburger has a top bun (a sort of bread), meat, cheddar, lettuce, and different components in the burger, and a base bun. Note how the top bun and the base bun are fundamentally the same as. The top bun, as it were, resembles a point sentence, and the base bun resembles the closing sentence. The two buns hold the meat, onions, etc. Thus, the theme sentence and finishing up sentence hold the supporting sentences in the passage. Not every scholastic section contain finishing up sentences, particularly if the passage is short. Be that as it may, if your passage is long, it is a smart thought to utilize a closing sentence. Attributes of a section Every passage in a paper ought to be Unifiedââ¬all of the sentences in a solitary passage ought to be identified with a solitary controlling thought (frequently communicated in the theme sentence of the section). Obviously identified with the thesisââ¬the sentences should all allude to the focal thought, or theory, of the paper (Rosen and Behrens 119). Coherentââ¬the sentences ought to be organized in an intelligent way and ought to follow a clear arrangement for improvement (Rosen and Behrens 119). Well-developedââ¬Every thought examined in the section ought to be satisfactorily clarified and bolstered through proof and subtleties that cooperate to clarify the paragraphââ¬â¢s controlling thought (Rosen and Behrens 119). 5-advance procedure to passage improvement Step1. Choose a controlling thought and make a theme sentence Paragraph advancement starts with the detailing of the controlling thought. This thought coordinates the paragraphââ¬â¢s improvement. Regularly, the controlling thought of a section will show up as a subject sentence. Now and again, you may require more than one sentence to communicate a paragraphââ¬â¢s controlling thought. Stage 2. Clarify the controlling thought Paragraph advancement proceeds with an outflow of the reason or the clarification that the essayist gives for how the peruser ought to decipher the data introduced in the thought explanation or point sentence of the passage. The author clarifies his/her contemplating the primary point, thought, or focal point of the passage. Stage 3. Give a model (or numerous models) Section improvement advances with the outflow of some sort of help or proof for the thought and the clarification that preceded it. The model fills in as a sign or portrayal of the relationship built up in the thought and clarification segments of the passage. Here are two models that we could use to delineate the twofold implications in slave spirituals: Step4. Clarify the example(s) The following development in passage advancement is a clarification of every model and its importance to the point sentence and method of reasoning that were expressed toward the start of the section. This clarification shows perusers why you decided to utilize this/or these specific models as proof to help the significant case, or center, in your passage. Proceed with the example of giving models and clarifying them until all focuses/models that the essayist considers essential have been made and clarified. NONE of your models ought to be left unexplained. You may have the option to clarify the connection between the model and the theme sentence in a similar sentence which presented the model. All the more regularly, be that as it may, you should clarify that relationship in a different sentence. Take a gander at these clarifications for the two models in the slave spirituals passage: Step 5. Complete the paragraphââ¬â¢s thought or progress into the following passage The last development in section improvement includes taking care of the potential issues of the section and helping the peruser to remember the importance of the data in this section to the principle or controlling thought of the paper. Now, you can remind your peruser about the importance of the data that you just examined in the section. You may feel progressively great, be that as it may, just changing your peruser to the following improvement in the following section. An exposition is a bit of composing that builds up a theme in at least five passages, including an early on section that expresses the postulation, at least three supporting sections that build up the subject, and a finishing up section. Sorts OF PARAGRAPHS IN THE COMPLETE COLLEGE ESSAY 1. The early on passage is the principal section of the paper. Its motivation is to lead the peruser to the proposition proclamation in an intriguing and fascinating manner that will urge the peruser to keep perusing. A theory proclamation is normally found toward the finish of the early on passage. Bolster passages (some of the time called body sections) give proof that the proposal is substantial. A worthy school exposition must have at any rate three very much created help sections. (You have considered these sorts of help sections in Part 4 of this book. ) Each help section should stream intelligently to the following help passage. This is frequently cultivated by the cautious utilization of transitional articulations. 3. The finishing up section is the last passage of the exposition. Its motivation is to give the peruser a feeling that the exposition has reached a delightful resolution. By this point, the peruser ought to have the inclination that everything the exposition expected to state has been said. Brief Overview of the 10 Essay Writing Steps Below are brief outlines of every one of the ten stages to composing a paper. 1. Characterizing the point: Student composing endures when the picked subject is excessively broad. A decent author must perceive when the subject should be limited or qualified with the goal that the material will fit the length of a paper and furthermore fit the writerââ¬â¢s information and experience. 2. Examination: Begin the article composing process by exploring your subject, making yourself a specialist. Use the web, the scholastic databases, and the library. Take notes and submerge yourself in the expressions of incredible scholars. 3. Examination: Now that you have a decent information base, sta
Saturday, August 22, 2020
'The problem with the global monetary regime is that there are too Essay
'The issue with the worldwide money related system is that there are such a large number of organizations associated with its administration.' Discuss - Essay Example One fundamental contention against the worldwide money related system is the unpredictability of overseeing such a large number of organizations with numerous premiums, issues, decides and chains of importance that have been very temperamental, which are associated with the worldwide financial regime(Obrien etal,2002,p3). Simultaneously it is contended that disregarding the distinctions, there are numerous similitudes existing among these organizations included which help in the dynamic process(Karns and Mingst,2004,p27) . In this report, this issue of overseeing an excessive number of establishments engaged with worldwide money related system is examined in detail. In segment 2, a diagram of the worldwide money related system is appeared regarding advancement of worldwide financial system and the different on-screen characters associated with the system. The contention of the intricacy of overseeing an excessive number of foundations engaged with the worldwide fiscal system is talke d about with the assistance of models in section3. Simultaneously, the similitudes which have encouraged the dynamic procedure are likewise examined in section4. .Segment 5 closes the report. Three periods can be recognized in the advancement of worldwide fiscal system. First is the Bretton Woods Period from 1945 to 1971, seconds is the relationship time frame from 1971 to 1989 and the third is the globalization time frame from 1989 to the present (Hart, 2008,p5). The principal time frame is portrayed by fixed conversion scale system along with money convertibility, financing, trade controls, swapping scale changes and adjustment of national approaches to shape another universal fiscal request. This period saw the rise of worldwide associations like IMF and World Bank (Hart, 2008,p8). In the subsequent period, financial framework is portrayed by drifting trade rates with national bank mediations, obligation emergencies, petrodollar reusing and so on. In the third time frame, worldwide money related framework has been portrayed by rising monetary streams,
Friday, August 21, 2020
Stephen Cranes The Open Boat Essay -- Open Boat Stephen Crane Essays
Stephen Crane's The Open Boat à à à à à à ââ¬Å"None of them knew the shade of the sky.â⬠This first sentence in Stephen Craneââ¬â¢s ââ¬Å"The Open Boatâ⬠suggests the general connection between the individual and nature. This sentence additionally infers the constraints of anyoneââ¬â¢s viewpoint. The men in the vessel focus such a great amount on the risk they are in, that they are negligent and ignorant to everything else; at the end of the day, possibly inadequate with regards to understanding. ââ¬Å"The Open Boatâ⬠starts with a portrayal of four men on board a little pontoon on an unpleasant ocean. The focal topic of this story is tied in with facing Nature itself. ââ¬Å"The Open Boat is Stephen Craneââ¬â¢s account from an outsiderââ¬â¢s perspective of the two days spent in a little vessel. The journalist is personal in nature; Stephen Crane was wrecked off the shore of Florida while filling in as a war reporter. The journalist in ââ¬Å"The Open Boatâ⬠depicts the crea tor. Primarily through the reporter, Crane shows the intensity of nature and how one manââ¬â¢s battle to endure eventually relies upon destiny. à à à à à The character of the reporter discovers that the standards of Nature is capricious coincidentally or by destiny similarly as life itself is flighty. Stephen Crane gives uncommon consideration to the journalist, who shares the excruciating errand of paddling the vessel with the solid oiler. While paddling, he mulls over his circumstance and the part that nature plays in it. The entirety of the men appear to realize they are vulnerable notwithstanding nature.their lives, at...
Tuesday, June 9, 2020
Organizational Diversity-Related Problems and Their Solutions - 550 Words
Organizational Diversity-Related Problems and Their Solutions (Research Paper Sample) Content: Studentà ¢Ã¢â ¬s NameProfessorà ¢Ã¢â ¬s NameCourse CodeDate of SubmissionOrganizational Diversity-Related Problems and Their SolutionsPresently, human resource departments are thought to be among the most important organs in any organization. Human resource contributes significantly towards the accomplishment of the operations of an organization. Primarily, it concerned with the selection, hiring, maintaining, and managing people with the aim of bringing the best out of them to influence the organizationà ¢Ã¢â ¬s productivity positively. Although diversity is associated with benefits to the organization, managing people becomes a challenge particularly when dealing with people from diverse cultural and ethnic backgrounds. Managers should be comprehensively informed about the potential diversity-related challenges and consequently formulate ways to deal with them effectively so as to reap the best from workplace diversity (Stockdale and Crosby 204). This pre sent research aims to investigate workforce diversity challenges facing organizations and how managers can deal with them without affecting the operations and employeesà ¢Ã¢â ¬ identities.In both small and big organizations, workforce diversity-related problems are present. With the advent of the globalization era, human resource managers are prompted to recruit people from all walks of life thus incorporating the aspect of diversity into the organization. There are various types of diversity-related challenges. Firstly is communication. People from different cultural and ethnic backgrounds communicate differently. A problem arises when managers and fellow employees fail to understand the tone and body language of other people accurately (Konrad, Prasad, and Pringle 120). Too often, outcomes are conflicts, poor communication, and eventual decline of the organizationà ¢Ã¢â ¬s productivity.The second challenge is resistance to change. People descending from various cultures have different ways of accomplishing things (Greenburg). As such, it may proof difficult to make employees change their ways of life to adopt to new ways suggested by the organization. The resistance to change may cost the organization from interrupted interruptions, time and costs of training, as well as dealing with conflicts. The operations of the organization may not as smooth as expected, and this leads to declined productivity.The third challenge concerns challenges of implementation. At the face of it, workplace diversity is thought to be a good idea as the organization can build a pool of ideas and skills from different parts of the world. However, it emerges as a challenge when many organizations attempt to implement changes. The implementation may lead to frustrations when different people are involved (Greenburg). Some people might not give into some practices in the organization when it is against their beliefs. In some instance, some people may adapt to changes while other change slowly. Interestingly, some fail to adapt to changes completely. The outcomes may be delays in the implementation of the organizationà ¢Ã¢â ¬s strategic plans.There are various ways through which organizations can effectively deal with the challenges arising from workplace diversity. Firstly, organizations should regularly hold social events such as road trips, mountain hiking, and sports outside the usual work environment. Through this, the employees would better understand and appreciate the cultural and ethnical differences of fellow employees. Consequently, this would promote better communication, improved productivity, and reduced workplace tension (Stockdale and Crosby 208).Secondly is hiring diversity motivators. Organizations can appoint personnel to deal with diversity issues. The result would be better work environments and reduced conflicts amo... Organizational Diversity-Related Problems and Their Solutions - 550 Words Organizational Diversity-Related Problems and Their Solutions (Research Paper Sample) Content: Studentà ¢Ã¢â ¬s NameProfessorà ¢Ã¢â ¬s NameCourse CodeDate of SubmissionOrganizational Diversity-Related Problems and Their SolutionsPresently, human resource departments are thought to be among the most important organs in any organization. Human resource contributes significantly towards the accomplishment of the operations of an organization. Primarily, it concerned with the selection, hiring, maintaining, and managing people with the aim of bringing the best out of them to influence the organizationà ¢Ã¢â ¬s productivity positively. Although diversity is associated with benefits to the organization, managing people becomes a challenge particularly when dealing with people from diverse cultural and ethnic backgrounds. Managers should be comprehensively informed about the potential diversity-related challenges and consequently formulate ways to deal with them effectively so as to reap the best from workplace diversity (Stockdale and Crosby 204). This pre sent research aims to investigate workforce diversity challenges facing organizations and how managers can deal with them without affecting the operations and employeesà ¢Ã¢â ¬ identities.In both small and big organizations, workforce diversity-related problems are present. With the advent of the globalization era, human resource managers are prompted to recruit people from all walks of life thus incorporating the aspect of diversity into the organization. There are various types of diversity-related challenges. Firstly is communication. People from different cultural and ethnic backgrounds communicate differently. A problem arises when managers and fellow employees fail to understand the tone and body language of other people accurately (Konrad, Prasad, and Pringle 120). Too often, outcomes are conflicts, poor communication, and eventual decline of the organizationà ¢Ã¢â ¬s productivity.The second challenge is resistance to change. People descending from various cultures have different ways of accomplishing things (Greenburg). As such, it may proof difficult to make employees change their ways of life to adopt to new ways suggested by the organization. The resistance to change may cost the organization from interrupted interruptions, time and costs of training, as well as dealing with conflicts. The operations of the organization may not as smooth as expected, and this leads to declined productivity.The third challenge concerns challenges of implementation. At the face of it, workplace diversity is thought to be a good idea as the organization can build a pool of ideas and skills from different parts of the world. However, it emerges as a challenge when many organizations attempt to implement changes. The implementation may lead to frustrations when different people are involved (Greenburg). Some people might not give into some practices in the organization when it is against their beliefs. In some instance, some people may adapt to changes while other change slowly. Interestingly, some fail to adapt to changes completely. The outcomes may be delays in the implementation of the organizationà ¢Ã¢â ¬s strategic plans.There are various ways through which organizations can effectively deal with the challenges arising from workplace diversity. Firstly, organizations should regularly hold social events such as road trips, mountain hiking, and sports outside the usual work environment. Through this, the employees would better understand and appreciate the cultural and ethnical differences of fellow employees. Consequently, this would promote better communication, improved productivity, and reduced workplace tension (Stockdale and Crosby 208).Secondly is hiring diversity motivators. Organizations can appoint personnel to deal with diversity issues. The result would be better work environments and reduced conflicts amo...
Sunday, May 17, 2020
Strong Female Icons Related To Movie Joy - Free Essay Example
Sample details Pages: 5 Words: 1391 Downloads: 9 Date added: 2018/12/28 Category Cinematographic Art Essay Type Review Level High school Tags: Feminism Essay Did you like this example? Abstract The movie Joy focuses on the strong female icon especially those who are successful in different entrepreneurial lines. Thought the entire film, the author indicates that female personalities also have capabilities of making their success story. More so the author emphasizes the need to have the power of imagination, independence, the determination as well as having patience. Donââ¬â¢t waste time! Our writers will create an original "Strong Female Icons Related To Movie Joy" essay for you Create order The importance of having such virtues is that it helps an individual to realized success after some time. In this research, there are various resources both primary and secondary sources to demonstrate the strength of women in the society as shown in the movieJoy. The movieJoy presents strong ideas about feminism and how strong female icons use their abilities to acquire success in life. Wollstonecraft, Mary. A Vindication of the Rights of Woman. Prabhat Prakashan, 1792. The treatise written by Wollstonecraft Mary seeks to provide women with information about their strength. It seeks to persuade women to make efforts to acquire the strengths that they have both in mind and in the body.? Wollstonecraft is evidently againstsoft phrases that most women are lured with by men. She considers these phrases to be susceptible to the heart, a delicacy of sentiments as well as a refinement of taste. She considers thesoft phrases as objects that results in pity and that kindness demonstrated as a result of love will shortly become objects of contempt. Wollstonecraft dismisses some feminine phrases which on most occasions are used by men with the intentions of slashing the dependence that women have on them. These expressions are also used to entice women since on most occasions; men have identified the weaknesses of women and what they can hold against them. Wollstonecraft considers the fact that on most occasions women are always degraded due to the mistaken n otions of female excellence that is attributed to them. She considers that most women in the society have more sense than their male relates and sometimes this is always unnoticed. Wollstonecraft defines the intellectual levels of women since she talks about the strengths that women have which makes them capable of governing their husbands. The treatise by Wollstonecraft is evidently a reliable source in this research through it is not a current source since it was published in the year 1792. The treatise vindication of the rights of woman by Wollstonecraft is evidently a strong source of information since it provides information about sources of strength of women. Apart from that, it provides information about the weaknesses that women have that makes them be looked down upon.? This article was written by Mary Wollstonecraft who was a popular English writer, an individual who advocated for the rights of women as well as a philosopher. It is clear that Wollstonecraft is qualified in this subject mainly because she articulated issues to do with the rights of women in a very precise manner. This article is not a scholarly article based on how it is structured, but it is a very popular article that is used as a point of reference by many people. A vindication of the rights of woman by Wollstonecraft is an effective articl e in my research because it will be used in providing knowledge that will be used as a background of my research. This essay applies to a part in my topic which concentrates on the issue of feminism and how women can use their strength in the society thus making it a possible source in my research. Baldwin, James. Going to Meet the Man. 1965. New York: Vintage (1995). (pg.1750-1761) The story mainly focuses on the life of and events that surround Jesse. In the story, Jesse is a white Sheriff whose duty is to ensure that people from the black ethnic community are capable of maintaining order in the midst of white ethnic population. The author gives the family life of Jesse by depicted instances that he shares with his wife. However, Jesses main problem is that he is suffering from of insomnia and impotence. Jesse is equally confronted with the issue of blacks who are protesting because they feel that they should also vote. And that is an indication that a new South is yet to be born. Jesse profoundly detests any person who belongs to the black ethnic community. At some point Jesse things about the possibility of subverting the registration process of going to another place altogether. The story mentions how Jesse managers to stop the black who are singing through arresting their ring-leader. The conduct of Jesse throughout the passage indicates that indeed, Jesse dislikes the black people at all cost. The story gives a clear picture of the kind of destitute life that Africans went through under the watch of sheriffs. The resource used in this case contains some features that show that it is a reliable source. One of the things that make the source to appear original is the fact that it the author chronologically put his discussion. In the beginning, the author uses dialogue and then proceeds with a description of the situation. Notably, all the events in the book take place in a much-organized manner. Besides, the author uses various literary devices such as simile which shows that the work is probably an objectively written. The author of the book is Baldwin James, and indeed he qualifies t write such a book because of his extensive level of participation in writing various books. The information contained in this literature material will be helpful to me when it comes writing my literature review as well as providing some background information that relates to my research. Brown, Chip. Being a Man- The Many Ways Society Makes a Man. How does a 21st- century boy reach manhood? In some cultures the rite of passage is clear. In others, not so much. National Geographical Magazine. January, 2017. The author of the article focuses on various activities that societies do to boy child as a justification for manhood. In particular, the author analyzes the initiation ceremony of the Bukusu ethnic group that is found on the western side of Kenya. According to the author, the Bukusu people practice circumcision for their male children when they are required advancing to the next stage of life. The activity is deeply rooted in the tradition of such people and therefore, the community within Bukusu only consider mature men as individuals who have gone through the process of circumcision. Still, the author indicates that in communities where men are subjected to particular activity to prove their maturity into manhood a lot of roles are defined by whether an individual is a man or a woman. It is apparent even from the parents mention in the passage that they have already informed opinion that tends to justify what boy child should do or not do in their life. Most of the parents within Bukusu community are very sensitive when it comes to the roles that each man needs to do and that enables them to have a clear social position in the society. The author of the article also acknowledges the contribution of various scholars in trying to explain why masculinity dominates in some places. It appears that the main reason as to why men dominate over women in some communities is because of the strong influence of traditional practices. The article is reliable newspaper information. The author uses in-depth analyses to explore the Bukusu culture on how they conduct initiation ceremony. The author cites other people who have done similar work in his work which shows that it is a researched paper. The author is qualified in this subject because he presents both alternative views of the strong male icon while showing whey female are not in similar position. The literature material fits into the research because of much reason. The article is very recent and has critical information of how traditional values undermine strong female icons. Works Cited Brown, Chip. Being a Man- The Many Ways Society Makes a Man. How does a 21st- century boy reach manhood? In some cultures the rite of passage is clear. In others, not so much. National Geographical Magazine. January, 2017. Accessed. www.dropbox.com/s/684fwn3oeo2vuyx/24101_155224_Being%2Ba%2BMan%2B.pdf Baldwin, James. Going to Meet the Man. 1965. New York: Vintage (1995). (pg.1750-1761) Wollstonecraft, Mary. A Vindication of the Rights of Woman. Prabhat Prakashan, 1792
Wednesday, May 6, 2020
In defense of the Indians by Las Casas and On the...
Acceptance and understanding are major factors that must be met in order for people to come together. In many circumstances, it is up to the minority whom are joining the majority to adopt and change its customs and practices in order to assimilate into the majority. However, there are some circumstances in which the minority somehow becomes able to overpower majority and take control. This is the situation which occurred between the Natives and the Europeans during the 1513 conquest. The Spanish Conquest of Central and South America and the voyage to the New World by Christopher Columbus in 1492 brought the Spanish crown a great amount of wealth. The native inhabitants which resided in the Americas prior to the discovery, saw what wasâ⬠¦show more contentâ⬠¦In 1514 he renounced his property and began to preach about the brutal treatment towards the native people in the Spanish colonies (PBS, 2010). Therefore de La Casas treatise is more reliable on the situation that occurred in the Americas because he was able to witness this first-hand. So indeed the facts and arguments that Las Casas makes within In Defense of the Indians are all true because he witnessed everything first-hand. Although there may be a discrepancy regarding the number of Native deaths due to diseases versus those caused by the Europeans, his treatises is full of true statements. Seigneur De Montaigne was known as a great renaissance thinker who was born into a wealthy merchant family (Edelman). He spent his younger years being raised by servants who only spoke Latin to him. He attended the college de Guienne , a highly reputable school (Edelman). In 1554, Montagine became councilor in the Bordeaux parliament (Edelman). In 1571 Montaigne retired to a life of study and contemplation (Edelman). In all his writings he tries to first search for the truth by reflecting on his readings, his travels as well as his experiences, both public and private. Unlike Las Casas treatises, Montaigne e ssay was not based off of first hand experiences but rather of other sources which he read about prior to writing his essay. For the most part his essay is
Roles in the Management of Liquidity Risks â⬠MyAssignmenthelp.com
Question: Discuss about the Roles in the Management of Liquidity Risks. Answer: Introduction The increasing competition in all business sectors demands regular analysis of internal and external factors. It allows the organizations to develop better strategies to maintain its market position against competitors. Established in 1982, The National Australia Bank (NAB) holds the position of one of the largest Australian banks. Headquartered in Melbourne, the organization operates through 35,000 employees working across Australia and New Zealand in 1600 branches. At the end of 2016 financial year, the revenue generated by NAB was nearly AU $ 17.42 billion (Turner, 2016). For analysing the macro environment of NAB, a PESTLE will be conducted here. Any change in macro-environment factors directly affects the working of the organization, so the analysis is required at regular intervals. With the help of the PESTLE analysis, NAB will assess the factors those may affect the operations of the organization and also help in strategic development (Fu, Lin Molyneux, 2013). For any company operating in any country, it is very important to keep a regular check on the political factors of the country and the world as it affects the company drastically. NAB deals with all major countries, so political factors play a vital role in determining the profitability of the organization in certain market or country. NAB is a part of the four pillars of Australian banking sector capturing approximately 11% of the market share (Kao Peng, 2012). The Australian Government policy of four pillars prevents the mergers of banks together that acts as a challenge to capture more market or develop techniques for it. Along with it, the Rudd Government has an Innovation Agenda that aims to support innovative Australian businesses. This government policy allows the organization to develop new business models that help in the growth of bank's customer base also develop new revenue channels for the organization. Apart from these two main factors other general political factors t hat can affect the organization includes anti-trust laws those are related to the banking sector, taxation rates, mandatory employee benefits, wage laws, bureaucracy, and tariffs and trade regulations ("National Australia Bank Limited PESTEL / PEST Environment Analysis[Strategy]", 2018). Economic Factors The position of the Australian economy has been resilient to the Global Financial Crisis. It is expected that soon the economy will recover. Due to the economic crisis, the organization suffered a loss of 14% profit decrease. The report published by financial stability review shows that due to the global economic crisis the organization may bear the bad debts of 0.6% in the coming years. The organizations should develop policies that could help the stakeholders to keep their investment safe with the organization. This will bring further investment in the organization keeping it safe from the challenges of global economic crisis and economic changes of different countries where the organization is conducting business. The other macro-environment economic factors that can affect the working of NAB in the coming future includes the fluctuating currency rates, saving rates, inflation rate, interest rate, and foreign exchange rate. It is suggested that NAB should use the indicators of cou ntrys economic factors like growth rate and the forecast of consumer spending to develop policies to capture the market segmentation and also attain desired organizational goals (Ojo, 2010). The culture and societal values affect the organizational culture. The shared beliefs and attitudes of the people are very significant to understand that how the consumers targeted by NAB should be approached. The design of the marketing message that communicates the thinking of the company to the consumers is designed as per the banking industry consumers. If considered the Australian population then a major part of the population includes the people who are above 85 years of age. So, developing policies that include the retirement policies and investing aged care industry will help the bank to receive good returns on investment (Banerjee, 2011). The other major section of the population is the generation Y that belongs to the age-group of 18-24 years. This group is more likely to spend their time in caf's, bar or restaurants thus any investment on the businesses on related aspects will help in gaining better returns. Though, the lack of generation Y's interest in community help may affect the interest of the generation of the bank and dilute the NAB's value proposition. The other economic factors that could impact the working of NAB include the demographics and population skills level, society's class structure and hierarchy system, Education level of the population, entrepreneurial spirit and investment culture of the society, etc. (Guerrieri Welch, 2012). Technological Factors The technology factor acts as the disruption for all industries. The changing technologies and innovative techniques hired by competitors impact the methodology and working of the organization. Being one of the major banks of the country, it is very important that NAB management should be aware of innovative technologies entering the banking industry. Like online banking has become a household name. Using it effectively and efficiently will allow the company to achieve major benefits. Though, the technology use also brings challenges related to online frauds and hacking. There are many examples present across the world where the data related to the customers of major banks were hacked by the online hacker and then misused the information to conduct frauds (Marcelin Mathur, 2014). Technology also opens doors for various new business ideas to strike the market. The world is preferring the use of technology. Therefore, investing in ideas related to technology and innovation can provide NAB better investment returns and success in capturing the market segment of new investors and entrepreneurs. The other technological factors those could leave an impact on the organization includes technological development acquired by competitors, the impact of the technology on the product and service offerings, the increasing value of technology advancement, the impact of technology on the banking industry's cost structure and the rate of technology diffusion (Olszewski, 2012). The organization's profitability structure can be affected by the different norms of the environment by different countries. With the increase in the demand for environmental sustainability, the banking industry is also forced to adopt the methods those are sustainable for example paperless banking, applications, online banking system. Apart from it the environmental disasters and mishaps and laws and liabilities related to them also affect the way an industry operates. Before entering into any new business venture, it is important to analyse the environmental condition of the country. For example, in the USA major storms occurrence is quite frequent which affects the working of all businesses operating. Investing in such companies can be threatening for NAB. The other environmental factors those can leave an impact on the working NAB includes the climate change, regulations and laws related to environmental pollution, and air and water, Recycling procedures, waste management, go gre en policies, supporting sustainability and cost of following the environment related implications of the banking industry (Turner, 2016). Legal Factors Different countries have different rules and regulations regarding the banking industry and investment portfolios. Entering into business with any company or country it is very important to analyse the legal factors those can provide support to the organization or act as a hindrance to effective working. Different taxation system, interest rate, trade policies, wages, all these are some factors those are bound by specific laws of the government. The use of the digital platform by the banking industry has given rise to various laws, rules and regulations related to the consumer security and investment possibilities and other banking operations. NAB is dealing with many countries across the world which demands the knowledge of laws and other legal factors that could impact the working of the organization. Certain legal frameworks and laws that should always be focused on while developing business includes the anti-trust laws in the bank industry and what is followed across the world, e -commerce and consumer data protection laws, property and copyrights laws, discrimination laws, Employment laws, health and safety law, and minimum wage and other important laws that may affect the working of NAB (Kao Peng, 2012). Conclusion Changing business trends and environment demands regular analysis for conducting effective business and developing the competitive advantage of the organization. National Australia Bank is one of the major players in Australia's banking industry. The paper presented here conducted a PESTLE analysis which is the analysis of macro-environment that impacts the working an organization in a country. The analysis shows that there are the lot of factors that could act against the company's effective working but, with well-developed policies and correct investment structure the company can achieve the desired market segment. The Australian government uses NAB as an important organization in managing the banking functions of the country and customers also believes the organization. Thus, with the correct use of factors that could bring positive change to the organization the company can develop well and achieve better profits in the coming future. In the end, the conclusion of the paper shows that the working environment for NAB is favourable and with focused thinking and correct business policies the company can expand its business on a higher level. 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Retrieved 22 March 2018, from https://fernfortuniversity.com/term-papers/pestel/nyse4/4214-national-australia-bank-limited.php Ojo, M. (2010). Redefining a Role for Central Banks: The Increased Importance of Central Banks Roles in the Management of Liquidity Risks and Macro Prudential Supervision in the Aftermath of the Financial Crisis.SSRN Electronic Journal. Olszewski, K. (2012). The Impact of Commercial Real Estate on the Financial Sector, Its Tracking by Central Banks and Some Recommendations for the Macro-Financial Stability Policy of Central Banks.SSRN Electronic Journal. Turner, S. (2016). The Use of Macro Legal Analysis in the Understanding and Development of Global Environmental Governance.Transnational Environmental Law,6(02), 237-257.
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