Evaluate a given situation to determine a company’s attitude towards social responsibility

The instance of Company X is a genuine case of private undertaking that presently can't seem to put social improvement at the center of its business. Before apportions are laid with regards to how they could improve its corporate social obligation (CSR), it is basic to examine the essentials of CSR. CSR is characterized as the obligation of a business towards society (Bateman and Snell, 2002,p. 151). It used to be that organizations exist basically to sell products and offer types of assistance (Pride, Hughes and Kapoor, 1988, p. 41). In succeeding years, the standard of CSR expanded with certain associations getting propelled in social turn of events, developing to edified personal responsibility. Undertakings were driven more by the need to improve upper hand. Perceiving that items have accomplished quality and value equality, organizations saw the need to support their notoriety capital. Basically, CSR turned into the upper hand. The move it inspiration for social advancement came about in CSR turning out to be standard business practice. As of late, organizations measure authoritative execution with monetary perspective as well as included social and ecological standards too. CSR has made a major jump at the core of organizations (Porter and Kramer, 2006, p. 1). Organization Q plainly doesn't organize CSR. While shutting down certain stores because of cash lost is a reasonable move, they couldn't perceive the significance of keeping up client connections. Valid, they allowed a tenacious customers’ solicitation to sell natural and wellbeing cognizant food yet they sold it in restricted sums as it were. In view of the case, it expressed that this solicitation has been made for a considerable length of time, which means there was a noise for this. Organization X couldn't see that. Declining to give day-old food things to the food bank just in light of the fact that they were concerned of conceivable income misfortune and issues of taking and tattle shows that Company X offers need to how much cash they are making instead of how they could utilize the chance to contribute assets to the general public in point of improving the personal satisfaction. The reason for a business isn't just to seek after benefits. Since organizations are a piece of the general public, they can't overlook social issues. In taking their part in handling social issues, organizations can make and keep up a steady situation that has long haul productivity (Pride, Hughes and Kapoor, 1988, p. 42). There are three territories that Company X could begin with in executing CSR-clients, representatives and network. With respect to the clients, Company X could include their clients in the item improvement process. They could give criticism. The organization has had involvement with this region when they at long last surrendered to the customers’ demand for natural and wellbeing food. Steady correspondence and collaboration with clients is one way. Going an additional progression may remember putting wellbeing and ecological data for their items and administrations; getting criticism from clients on why they like heading off to the store and what viewpoint they feel need improvement (setting up an input box), things like that. Organization X ought to recollect that verbal promoting is a decent and basic approach to pick up customers’ consideration. In the event that more clients like the store, there is a high likelihood that they would prescribe it to their companions and partners. Clients should feel that the store is a sheltered spot to remain so plentiful security ought to be given. It is expressed for the situation that the chain shut down certain stores in horror regions. With regards to their workers, it is somewhat sheltered to accept that Company X doesn't believe their representatives deciding by the way that they were reluctant to give since certain representatives may take and state that they got it from the food drive. Representatives are a significant partner in organizations. Without representatives, the organization would not progress. Organization X could begin executing representative projects that would profit them separately and hierarchically. Employees who make the most of their work and have a decent working relationship with their managers are probably going to contribute more to the organization. Organization X could begin with putting work-life balance programs and those that encourage representative support in dynamic. An open channel of correspondence among workers and supervisors is fundamental. All things considered, in a store, the representative has the most contact with the clients. On the off chance that Company X considers that giving day-old food brings about income misfortune, they could in any case bolster the network in different methods, for example, recruiting of local people and buying items locally. Along these lines, they could enlarge the pay of the network. Also, they could embrace representative volunteerism in network advancement programs. They could likewise adjust social advancement into their business practice. Under this methodology, they could recognize their requirements and decide how networks would benefit from outside intervention. It may not be giving food or cash all things considered. Direct interview with the network could roll out a huge improvement for the network as well as Company X also. All things considered, they are arranged in the network; they should incorporate them. Organizations should release its CSR in a manner that befits its skill. The advantage cuts the two different ways: organizations add to their pay and their networks gain abilities, work and resources. CSR ought to be focal and key to the business. CSR in a commitment consistently incorporated into the center business. Everybody needs to step up to lighten social issues and improve the world a spot for the group of people yet to come.

The Global Beer Industry Essay Essays

The Global Beer Industry Essay Essays The Global Beer Industry Essay Paper The Global Beer Industry Essay Paper In The Economist’s â€Å"Sell Foam like Soap† distribution. the lager business and its cooperative connections to promotion are featured and clarified in a way that relates great to our financial review of the business. The market development of the lager business has prompted a result of high advertiser focus that drives our review to the significance of components, for example, promotion and product differentiation. In â€Å"Sell Foam like Soap. † the essayist features the issue of slumping gross incomes and the major breweries’ resulting changing concern hypothetical records that will attempt to irritate the dilutant overall gain outskirts through vigorous increments in commercial. In the accompanying hardly any sections. the financial importance and investigation of these industry modifications will be examined. Since the focal point of the twentieth century. amalgamations have characterized the development of the brew business. Because of a present downturn and diminished on-premises ingestion. enormous brew creators have endeavored to do up for dreary gross incomes by driving into developing markets. In the course of the last a few mature ages. these significant bottling works have purchased up or converged with neighborhood distilleries all together expansion course to the dissemination ironss. This is foremost in the lager business because of the universe of high transportation and fixed expenses. Economies of graduated table are so made as a result of the solidification in the business. Such financial frameworks are made when huge workss produce at lower per unit costs than minimal 1s. In spite of these costs points of interest over littler â€Å"craft† distilleries. developing markets are far less moneymaking than those of the rich states. When inspected from a monetary position. this ought to non be astounding. Passage into another market is unconventionally troublesome and costly for any house in the brew business. particularly when publicizing dramatizations such a polar capacity in section conditions. In these monetary frameworks of graduated table. a firm’s general end is to achieve negligible proficient graduated table. This is characterized as the littlest total of finished result that a house needs to deliver so as to limit mean expense in the house. For cost film altering through solidification. the pertinent proof is in the pudding. Orchestrating to Credit Suisse. a $ 52 billion amalgamation between Anheuser-Busch and Inbev in 2008 spared the two organizations a karma. Cost slicing through amalgamations will hold helped the planetary brewers’ total compensations by an expected $ 3 billion by 2012. In spite of these financial frameworks of graduated table accomplished by the significant distilleries. net incomes have anyway drooped in the amazingly gainful. rich markets. People groups in rich states have neglected to guzzle the aggregate of brew that they have in mature ages by. Brew ingestion shrank by 1. 5 % in the US and by 2. 3 % in Western Europe over the class of 2010. This propensity is ascribed to the ascent in off-premises ingestion of most brew or ingestion at place and other topographic focuses outside of regions where lager is served on premises. This is a profoundly upsetting imprint for most lager producers because of the way that off-premises ingestion yields a lot more slender overall gains for distilleries. On-premises brew merchants can hold up under down higher single beverage fiscal qualities. while off-premises buy at general stores is done in larger part. which prompts a lower financial worth for each drink. Fitting to Molson-Coors. each piece much as 70 % of ingestion could assume topographic point at position by the twelvemonth 2018. So as to discredit these upsetting propensities. the significant bottling works are going to a dynamically forceful advertizement plot. What makes publicizing productive? In the brew business. there exists stock differentiation. or on the other hand â€Å"brand loyalty† the same number of monetary specialists know it. Not at all like a product, for example, milk. brew is a brand-explicit product. with a wide range of gustatory sensations and purchaser inclinations in a similar market. At the point when shoppers discover one house better than others in the business. said house can raise its financial qualities without needfully losing these customers. To financial specialists. brew is a â€Å"experience good† in light of the fact that the highlights of the product can be assessed only after buy. In this manner publicizing stacked with data is less efficacious than propelling a specific picture and uniqueness of a seller’s exchange name. Last. through the Prisoner’s Dilemma grid talked about in classification. high outgos on ad extend request while simultaneously cut bringing down cross-value snap of interest among brands-or the reactivity of the modification in money related estimation of one great connection to another. Brand certainty brings down cross-value snap of interest. what's more, when this is brought down. the Prisoner’s Dilemma is invalidated in the business. Also. boundaries to new rivalry are increased because of unrealistically high sunk expenses. To go alongside costly works creation costs. new participants face expanded selling costs that are extremely difficult to pull off upon passage. The new concern hypothetical records of these significant distilleries are intended for working these focal points in demanding notice. The cleanser business is sick renowned for substantial ad. unconventionally at the retail degree. For these large houses to only stop in the market. they should get down payment like this to collect the commercial focal points accessible to enormous houses in the business. Nonstop increases in advertiser focus will aid this new concern hypothetical record. By cutting travel and other fixed expenses through gathering. the significant bottling works will proceed to chop down their standard expenses and spend those recently discovered net gain verges on promotion. With these market highlights indispensable. the lager business ought to go on observe higher boundaries to new rivalry each piece great as the notorious â€Å"rich gaining more extravagant. † In choice. the lager industry’s forceful notice should see an expanded interest for the enormous brew organizations because of the nearness of monetary frameworks of graduated table in the business. This result ought to effectively alienate the propensity of sensational increments of off-premises ingestion. At last. with stock qualification. the enormous organizations ought to have the option to manage down their premium money related qualities without losing market request to the less expensive. general store lagers.

Business admin assignment 1 Essay Example | Topics and Well Written Essays - 1250 words

Business administrator task 1 - Essay Example It is likewise viewed as one of the most respected organizations in the United States since numerous individuals perceive its exhibition and key arranging (Dowling, 2008). This is generally found in the methodologies that are utilized in improving its business sectors. This has been broadly ascribed by globalization. To begin with, globalization has assumed a significant job in extending the exhibition of apple inc. This has been acknowledged as there is expanded rivalry from the partnership. With the acceptance of globalization, numerous enterprises think that its simple to infiltrate into different markets (Berry, 2005). All things considered, they have the lawfulness of selling their items in all business sectors over the globe. With enlistment of their items in such markets, numerous individuals approach an assortment of items which are accessible in the market. Since the populace has an assortment of items, they have the freewill of picking the best quality items. This will posi tively affect the nature of items that are sold in the market. Thus, this is a chance to diminish any odds of partnerships consuming a market. Restraining infrastructures have direct power over the market and may almost certainly flexibly unacceptable items. Notwithstanding, with the enlistment of Apple Inc in the market, the company has had the option to give the market unrivaled items. This has been stirring call for different organizations that might want to command the market. Also, globalization has assumed a significant job in guaranteeing there are economies of huge scope creation. Organizations have been expressing that the expenses of creations are raising as time passes. Notwithstanding, enormous partnerships have expressed that economies of huge scope creation are the main answer for successful creation. This has been demonstrated by Apple Corporation as it relishes enormous scope creation. This decreases the expense of creation, cost of work and different incidental cost s. In that capacity, the enterprises can deliver excellent items to the market at a reasonable cost. Also, the organization can make considerable benefits that are utilized in extension (Berry, 2005). In numerous occurrences, enterprises furrow back benefits into the business with the substance of expanding creation. Notwithstanding upgrading the presentation of the partnerships, globalization has helped these enterprises to build intensity. Obviously, this has helped numerous partnerships to reexamine client needs and their qualities. Truly, numerous clients in the market are presently understanding the cost viability of globalization through creation of better items that are of high caliber. In that capacity, clients feel that their needs and inclinations are drawn closer in a good way. Thirdly, globalization has helped numerous organizations including Apple Corporation to understand the inspiration of area adaptability. When there is globalization, numerous organizations think th at its suitable to grow their organizations to other undiscovered markets. These business sectors give a generous interest market to their items as they want to buy such items. At long last, the enterprise benefits significantly as it builds its benefits. Moreover, the enterprise understands the decrease in expenses of creation. For example, when they start another plant in a territory, they utilize locally accessible work, materials and different assets in the equivalent

The Undisputed Truth About Writing about Myself That the Experts Dont Want You to Know

The Undisputed Truth About Writing about Myself That the Experts Don't Want You to Know The Little-Known Secrets to Writing about Myself Describing yourself as a writer doesn't indicate you've devalued your position for a parent. In case the author is an individual, then their very first name is used first. Figure out the name of the person that you are writing to. An individual, who's only a keen observer can't be a fantastic researcher, but a superior researcher must also possess the caliber of having the ability to jot down his results, in a comprehensible fashion, so that valid conclusions could be drawn out of it. High school essays are structured very similarly no matter the topic and excellent essay structure will let you write an obvious essay that flows from 1 paragraph to the next. Students may find professional writers' or writing agencies' help to receive their essays written in a customized format. High school students must compose essays on a number of topics w hich at first may appear to have nothing in common. When you are requested to compose an essay, attempt to locate some samples (models) of similar writing and learn how to observe the craft of the writer. If you're to really gain from model essays, you will need to understand how to read the techniques of the writer'. In conclusion, it would appear that assignment essays continue to get a prominent part in tertiary education as an assessment tool. Biography Essays are extremely different from the autobiographical ones where the writer is the field of discussion or the book. Things You Should Know About Writing about Myself People throughout the world tell stories, while it's news or drinks with coworkers. Technology affects people all around the Earth, both positively and negatively. Journal Session Endings Having written for a little while, stop for a minute. Writing about yourself can be a wonderful place to begin. Furthermore, there are not any rules to journal writing. Today, an individual can find everything on the web. You might need to match the kind of the site or publication for which you're writing. Everybody states that keeping a journal is a fantastic way to learn about myself. Describe how you get to school or to work each and every day. Write about a type or kind of clothing that you truly feel uncomfortable wearing, or that you merely dislike. Write about a tattoo you've got and its significance, a tattoo you'd like to get or why you'd never, ever receive a tattoo. Among the most appropriate for me is intelligent conversation with family members and friends. Writing about Myself for Dummies Employing reliable sources for research is important. List three to five topics that you're interested in or would love to write about. You can be certain your environment essay will stick out in quality! An environmental problems essay must also concentrate on how best to encourage folks to safeguard their environment, and the advantages of this kind of endeavor. It may be inviting to take online classes. In some cases, your teacher might call for extra information like the class title, instructor name and the date. When you're in high school, it's definite that you're expected to do a few write-ups and projects which require pen and paper. Schools and institutes throughout the world are attempting to make students aware of the several environmental difficulties and strategies to resolve them. New Step by Step Roadmap for Writing about Myself There's a deep and internal wrestling match happening within me I cannot even do anything about. There's a joke that says, Camping, is spending enormous amounts as a way to live as though you're homeless. Our brains and bodies aren't refrigerators. Ten minutes is a great start.

The History Of United Overseas Bank - Free Essay Example

Sample details Pages: 11 Words: 3383 Downloads: 3 Date added: 2017/06/26 Category Business Essay Type Narrative essay Did you like this example? Having a history of over 75 years, United Overseas Bank (UOB) was first founded as the United Chinese Bank in 6 August 1935 by Datuk Wee Kheng Chiang. In its early years, UOB catered mainly to the Fujian community. It was then renamed as UOB in 1965. Establishment of UOB UOB has grown strongly over the years. It has established itself as a leading and regional bank in Singapore and also in Asia through a series of acquisitions. Today, the UOB group has expanded worldwide in 19 countries and territories in Asia Pacific, Western Europe and North America having a network of over 500 offices. Singapore, Malaysia, Indonesia, Thailand and mainland China are the banking subsidiaries of UOB. One of the main board of directors, Dr Wee Cho Yaw, being the chairman, he takes charge of the subsidiaries of UOB such as Far Eastern Bank, United Overseas Insurance, United Overseas Bank (Malaysia) and United Overseas Bank (Thai) Public Company, President Commissioner of PT Bank UOB Indonesia and PT Bank UOB Buana. Don’t waste time! Our writers will create an original "The History Of United Overseas Bank" essay for you Create order Financial Services provided UOB offers an extensive range of financial services through its global network and partnership with associates, giving access to services like private banking, personal financial services, commercial and corporate banking and investment banking are some of which that the bank caters to. With the diversified interests, UOB is said to be committed in providing quality products and services in the region. In the business of credit and debit cards, UOB is a market leader in Singapore. It is also a dominant player in loans to small and medium enterprises and also private residential home loan business. UOB Asset Management being the fund management arm has been recognized as one of Singapores most awarded fund managers. Performance review for Q3 2010 UOB Groups net profit after tax rose 44.2% to $1,990 million for the nine months outlook as compared to a year ago. Operating profit grew 25.8% to $912 million and this was mainly driven by the higher trading and investment income. The total income increased significantly by 16% to $1,468 million. More about UOB Currently, UOB has approximately over 10,000 staff under its helm. I am attached to Commercial Banking Product Sales Specialist: Factoring, which is responsible for helping the relationship managers clinch factoring deals and relating to clients on how factoring can help their financing. The aim of such financial service is to benefit both the clients and the bank. The organisation chart of UOB can be found in Appendix 1. (400 words) 2. Description of job/work assigned 2.1 Project: End-to-End Factoring Workflow It was a project given to me and the Management Associates (MA). The task is to create a better workflow for the team using the existing one to be able to comprehend it better. This is in view that the factoring workflow has too many steps which are not in favour to the team. It involves thirty steps and it can be very time consuming, confusing and tedious to the reader. The main purpose was to enhance the workflow such that it benefits everyone. Shortening the workflow and picking out the redundant steps were some of the suggestions made. However, the challenge faced was that the steps involved were hard to minimize or even leave out. Meetings are still currently being held to discuss what could be done to make further improvements to the workflow. 2.2 Cross Checking of the migration system Two dummy accounts are created to assist in the checking of the migration systems. This is to ensure that before the launch of the Business Internet Banking account is implemented; all necessary screenings of discrepancies are made. Checking of spelling errors, figures, dates, accounting format, etc were part of ensuring the migration has no mistakes. When an erroneous mistake was found, a description of the error is noted with a print screen attached to show the errors. After giving a summary description of the error spotted in the system, it will be sent to the IT department who is in charge of doing the software migration for the accounts. 2.3 Summary of Factoring accounts A list of accounts that the factoring team is currently liaising and servicing was required. My task was to identify the relationship managers involved in the servicing of the accounts. I am to read through the files of the clients that have engaged in the factoring facilities given by the bank. The debtors involved, debtors limit, credit limit and type of factoring account which was opened, were needed to be updated. This is to give the product sales team a better overview of the details as mentioned above when they are to refer to any specific client. It helps to summarize the important information as knowing who the debtors are, the limits given to both the client and debtors allows the sales team to have the facts on their finger tips when referring to the list. This gives them better information at hand than referring to the files whenever needed. The list will be updated as and when necessary. 2.4 Background check of client Reading up on the client so as to understand the nature of business and how it functions gives an overview of what needs to be discussed in the survey call. This is to prepare well for the Pre-Activation survey with which the survey team is involved in. Before heading down to clients premise, the factoring workflow will be checked against for the documents needed. Having a good knowledge of what needs to be done and prepared helps ease the audit process. This in turns leaves a good impression to client as we are able to do business smoothly with no mishaps. 2.5 Merging of Product Manual Target Operating Manual (TOM) and Product Guide are to be merged into one final product manual Factoring. It serves as a comprehensive product guide for the department. It requires the thorough identification of changes in both guides and compiling the necessary or unnecessary additional info. Updating and retrieving of input forms, creating a board resolution and amendments to the manual instructions. The rationale is to ensure the manual is updated as alterations to the processes are often made. These are later being checked by the operations department as it involves processes which they are responsible for. (600 Words) 3. Learning experiences achievements 3.1 Efficiency, Accuracy Teamwork After 11 weeks of work at UOB, the importance of being a good team player, efficient and meticulous worker was learnt. Efficiency has its own importance. However, the underlying factor that plays a major role in aiding the effectiveness of it is time management. Without the discipline in managing time, one cannot complete his tasks on time. This being the reason will hamper and affect the quality of work produced. In the workforce, deadlines and time management are at hand. This was often emphasized, even at school. It is all dependable on us and as to how we are to control the playing field. A basic and simple principle yet many failed to accomplish and acquire it. The challenge sets in when the amount of workload increases. I had to complete the tasks assigned at hand and after which, taking on more tasks whenever help is required of me. I learnt that time itself is a massive restriction and only to rush at that very minute will produce less than satisfactory results. Th is will bring about disappointments and the lack of responsibility to the team. Accuracy is another essential skill at work. It is pretty much emphasized in my department as we are to ensure that the debtors involved, contracts and other important related details such as invoices are not overlooked. We will have to identify the contacts (mailing addresses, contact number), any clauses stated in the contracts that might affect the business between UOB and the client and its business partners too. It is impossible to not make mistakes. I have made errors and alerted my supervisor and colleagues about it once it was being noted. It was a small mistake but it can be costly to the business deal. As it was my fault, I made the attempt to remind myself by writing a post-it note such that I will not make the same mistake again. Working in a department means that teamwork is a must, in order to achieve a similar objective that is set at the start. Working together requires everyone to play their part, using their strengths to their advantage and overcoming shortcomings together too. Adding on, communication should be open such as to keep the ball rolling. It acts as a foundation pillar and without it, it is impossible to succeed and proceed on. It involves more than just speaking your mind, but also paying attention to others opinions and comments. (407 Words) 3.2 Marketing/Survey Call Being part of the product sales specialist team does require travelling to clients premises and hence developing a sense of direction is vital. This is even so when hiring the cab as the driver might not be familiar with the location that we are to go to. Thus, doing a background research such as checking the street directory online and using the mobile maps helped if such situations were to arise. Keeping ourselves informed will put us at a greater advantage. The benefit of being at an external company allows me to expand my exposure to a different nature of business. It brings about a different perspective and insight of how a non-financial institution functions. The aspect of meeting people cannot be avoided and mannerism comes into play here. Tasks have to be completed swiftly with minimal disruption to the work of others. First impressions take its toll as I represent UOB; it is of utmost importance to upkeep the image of the bank. Values like having a sense of punctuality and preparedness became more than necessary. It reflects how we place our clients and showcasing the importance of their business to the bank. Furthermore, punctuality eventually reveals ones personality. In order to gain trust from others, we need to possess this quality. Ultimately, punctuality also relates to ones responsibility. All these are in relation to how I present myself for job interviews (in BCOMM 3) and project presentations since the start of year 1. Punctuality and responsibility are the deciding factors on how well I would fair. At school, these qualities were emphasized and it was a stepping stone showing how the real workplace will be. First impression is how people judge me. In BCOMM 3, I was also taught how to go about engaging a sales call. Although it is not very similar to how it is done for our factoring deals, the steps involved were relevant. The elements of being persuasive and building of rapport were required. Without a good knowledge of the produ ct or fostering a close relationship with the client, it will definitely be a hindrance in clinching a successful deal. Networking skills played a part due to the need to understand the clients expectations. As such, the business communication module has served well in allowing me to apply my knowledge at work. The soft skills acquired were a great advantage as a whole. (399 Words) 3.3 Communication skills Communication is an essential element and it has strengthened with my days at UOB. Communicating with staff or clients is indispensable at any workplace. This is because interactions are bound to exist amongst one another, especially with regards to matters relating to work. Socializing with the colleagues starts by joining them for team lunch. This allows me to integrate and understand them better. Thus, interpersonal skills are crucial as interaction with different people every day is expected of me. It cannot be mastered within a short period of time and cultivation of the skills has to be built and picked up along the way. Continuous learning and applying the knowledge learnt in school comes in handy in this particular aspect. Being more conscious in the way I speak is necessary etiquette came to light. This is because it will be a display in the impression of how others view me. It forms a pillar for people to identify if they want to develop a better relationship with me. Therefore, it is only through the interactions, I gained the chance to learn from colleagues in their areas of expertise. Good communication skills helps to build strong rapport among fellow colleagues and the business communication modules of 1-3 have taught me well. An example of starting a table topic to break the ice, meeting presentations with colleagues and clients are some of which that allowed me to apply the knowledge learnt. The outreach talks to the secondary students for Ngee Anns Open House and PolyExperience also aided my learning. Communication has been amplified ever since and I was able to comprehend what is expected of me. This became very important at work as the presentations cannot be taken lightly and I ought to be prepared at the very best of my ability. My communication skills have thus been further enhanced due to the exposure given at work. Besides, the three years of project works and presentations done have also made it a good experience speaking my thoughts out and ensure that all group members are clear about the instructions and understood it well. Hence, whenever in doubt at work, I will seek my supervisors help and counter check that I am working on the right track. I will make certain that I do according to what my supervisor should expect and this can prevent any misunderstandings or miscommunications from surfacing. (398 words) 3.4 Trade and Credit Analysis knowledge I am tasked to understand factoring and its whole procedure as it can be very complicating. This is why having a good understanding and knowledge of the product is very crucial as I am to face the workload that deals with factoring daily. I came to understand how the different contracts laid out would affect the terms and conditions binding the bank and the client. Hence, I was appreciative that I had some background knowledge of factoring and trade from Finance and International Trade (FIT), and for contracts relating to the various forms of financing from Credit Management (CM). Thus, the learning acquired from these modules has allowed me to understand my daily work better. Besides, the advantage of gaining prior knowledge was being able to relate what was learnt at school to work. It was the hands on experience at work that I am unable to practice at school. The projects given at school were just to prepare us on how the real work force would be. An example would be the crea tion of contracts and proposal from a banks perspective for both FIT and CM. It was an eye opener to me as both the contracts and proposal that I see daily at work were explained during lectures and how to go about doing a credit analysis. It involves encumbrances; the type of project financing which involves placing the different kind of charge that would be beneficial to the bank, the proposed targeted amount to be charged. Whereas for factoring, it was how the receivables are being bought over by the bank and the bank earns by charging interest and discount charges to its clients. In addition, I am tasked to read up on the background of the client and its debtors. The reason of doing so is to be familiar with the nature of business and what would the bank be going into. This prevents the bank from purchasing the bad receivables from the clients debtors and making losses. It plays a big concern as this would result to the inability of getting the debts owing to the bank or clie nt and there are risks that are bound to be taken by the bank. In CM, doing a check on the client and its nature of business was emphasized and this was the same in the banking environment. This is such as to minimize the risks undertaken. (400 words) 4. Relate an incident 4.1 Unprepared for work done An incident which was encountered would be meeting the client for a pre-activation survey. It was a good exposure as I am able to get out of the office and learn the ropes. However, the process of it was hindered along the way. Going out for the pre-activation survey is not an easy task. The purpose for the visit is to check the clients liabilities and their other commitments this is done so by checking their accounts. The process involves having a good understanding of the business prior to going down to the clients premise. However, my colleague and I were not totally prepared and this affected the questions asked in order to clarify the details which we are in doubt with. This did not put us in a good position as the client would know that we are not prepared. We had to restructure the questions being asked and to ask for a little more time from the client. Time was being wasted in this aspect and it was not a good impression representing the bank. We realized that it involv es reading up thoroughly on the background of client is vital as it would ease the inspection programme. This would then prevent the client from doubting our abilities when showing our unpreparedness. After this incident, working conscientiously became an utmost importance. Taking the responsibility in getting my work done to my fullest ability is expected of me at all times. I learnt that in the work force, second chances are not given easily and that we will have to bear the consequences. Unlike in school, we can be given chances for mistakes made and to improve on it. On hindsight, if being faced with the same situation again, I would ensure that my colleague and I stay calm and ask for a few moments from the client. I will have to apologize for the shortcomings and delay of time for a discussion with my colleague on what is to be done next how to ask the appropriate question. I will apologize for the time taken and ask for their understanding. In conclusion, I feel tha t from this experience, it helped me to develop my interpersonal skills in various areas. With me being composed and patient when uncertain and solving the problem faced by thinking on my feet at the very moment. (392 Words) 5. Appendices Appendix 1 Organisation Chart of UOB Appendix 2 Factors that affect factoring The following are factors that may denote situations not acceptable for factoring. Appendix 3 Screen shot of Client Availability Sheet This is the information that I have to counter check with the dummy accounts for the merging of the information from this software into the Business Internet Banking platform. Any disputes and discrepancies are being checked concurrently. Appendix 4 Screen Shot of Business Internet Banking Platform The changes to be made by the IT personnel Invoice Enquiry: No of items is correct but AML O/s amt is $1,888k in BIB vs $3,315k in FactorPro under CAS No of items is correct but Venture O/s amt is $785k in BIB vs $1,386k in FactorPro under CAS Appendix 5 FACTORING INSPECTION PROGRAMME The form which was used for the pre-activation survey (survey call) 1 TYPE OF INSPECTION REPORT Pre-Activation Review Investigation 2 ANY MATERIAL CHANGES FROM PREVIOUS INSPECTION? (APPLICABLE FOR REVIEW CASES ONLY) Yes No 3 GENERAL INFORMATION Clients Name Address Contact Persons (Names and Titles) Date of Inspection Type of Facility(ies) /Limits Location of Inspection (if different from adress above) Checklist Yes No Remarks (If any) i Existing Charge in ACRA? ii Negative Pledge? (Sight letter of Offer from Banks) iii Consignment Sales? Please refer to point 11 if yes. iv Two Way Trading (If yes, name Debtor) v Ban of Assignment? vi Sales Retention? vii Survey Fee Charged 4 COMPANY BACKGROUND 5 NATURE OF BUSINESS 6 ACCOUNTING RECORDS 7 BILLING PROCEDURE 8 PROGRESSIVE BILLING 9 SALES Financial Year Sales Amount ($) Sales Growth (%) 10 DILUTION (CREDIT NOTES) Month / Year Past 6 months Sales / Invoice Listing (S$) Past 6 months Credit Notes Listing (S$) Total Dilution (%) Credit Notes / Sales = _______% (Comments on Dilution) 11 CONSIGNMENT SALES (Any sales on a consignment basis? Briefly explain how it works amount Debtor involved.) As per previous review dated 27 January 2010 12 RETURNABLE ARRANGEMENT (Any sales on a returnable arrangement? Briefly explain how it works amount Debtor involved.)

The Life And Times Of Scott Fitzgerald - 764 Words

The Life and Times of Scott Fitzgerald How did Fitzgerald’s life and the time period influence his writing? The mastermind behind one of America s greatest and most revolutionary pieces of literature had a humble beginning. He was born on September 24, 1896 to Mary and Edward Fitzgerald of St. Paul Minnesota. As a child, the family moved back and forth between Buffalo and Syracuse New York, they were dependent on his fathers minimum wage jobs. Scott’s first piece of writing, a detective story, was printed in the school newspaper at age thirteen. After he graduated from highschool he choose to attend Princeton University for his higher education. However, during World War Two, to serve his country and prove his patriotism he dropped out and joined the United States Army. Fitzgerald became fearful that he would perish during the war and hastily composed a short story. The Romantic Egotist however, was not a success but the publisher encouraged him to continue to write more. During training for the army, Fitzgerald met Zelda Sayre. He fell in love with her, however she was descended from an upper class family and would not accept a mere poor man’s love. World War Two was ended before he was deployed and Fitzgerald moved to New York to launch an impressive advertising career in order to entice Zelda to marry him. He soon abandoned his job and moved back to St. Paul to re work his failed novel. Eventually he came out with This Side of Paradise. The book turned into aShow MoreRelatedThe Life And Times Of Scott Fitzgerald766 Words   |  4 PagesThe Life and Times of Scott Fitzgerald How did Fitzgerald’s life and the time period influence his writing? The mastermind behind one of America s best and most revolutionary pieces of literature had a humble beginning. He was born on September 24, 1896 to Mary and Edward Fitzgerald of St. Paul Minnesota. As a child, the family moved back and forth between Buffalo and Syracuse New York, they were dependent on his fathers’ minimum wage jobs. Scott’s first piece of writing, a detective story, wasRead MoreThe Life and Times of a Philosopher of Flappers Essay696 Words   |  3 PagesThe Roaring Twenties was a time renowned for partying, drinking, and a time without war. F. Scott Fitzgerald is just one of the many writers during this time to write about such times. Fitzgerald, however, is an author that defined this era also known as the Jazz Age. Known for novels such as The Great Gatsby, This Side of Paradise, and The Beautiful and the Damned, and many short stories, Fitzgerald is described by famousauthors.org as â€Å"one of the greatest writers American soil has produced i n theRead MoreAmerican Idealism in F. Scoot Fitzgerald ´s The Great Gatsby847 Words   |  3 Pagesâ€Å"Gatsby is in modern times the central artistic expression of the American experience.† According to Ross MacDonald, F. Scott Fitzgerald’s book, The Great Gatsby, was about â€Å"American idealism destroyed by American greed†. (Thompson p.152) This theme of a misinterpreted American Dream was portrayed throughout what is said to be one of Fitzgerald’s most influential works, The Great Gatsby. Francis Scott Key Fitzgerald was born in the great capital of Saint Paul, Minnesota. Born into an upper middleRead MoreThe American Dream in The Great Gatsby and This Side of Paradise1382 Words   |  6 PagesFrances Scott Fitzgerald was born on September 24th, 1896 in St. Paul Minnesota and died of a heart attack in an apartment in Hollywood on December 21st, 1940. Throughout his career, Fitzgerald wrote many works, traveled the world, and served in the United States Army. F. Scott Fitzgerald wrote mostly short stories but became famous because of his novel This Side of Paradise and became even more famous because of The Great Gatsby which was released in 1925. The time period in which Fitzgerald livedRead MoreF. Scott Fitzgeralds American Dream Essay1643 Words   |  7 Pageswould never be so happy again.†(Fitzgerald). F. Scott Fitzgerald was born on September 24, 1896 in St. Paul, Minnesota, into a very prestigious, catholic family. Edward, his father, was from Maryland, and had a strong allegiance to the Old South and its values. Fitzgerald’s mother, Mary, was the daughter of an Irish immigrant who became wealthy as a wholesale grocer in St. Paul. His upbringing, affected much of his writing career. Half the time F. Scott Fitzgerald thought of himself as the â€Å"heirRead MoreThe Great Gatsby Love Analysis957 Words   |  4 Pagesclassic story of The Great Gatsby, F. Scott Fitzgerald shows multiple times that real love does not exist in the world. In the classical story by F. Scott Fitzgerald, he shows many affairs go on in the story and that their is fake love in the world. When this story was written it was coincidentally similar to his actual real life. The characters life and problems were very similar to what was going on in his life. In the book of Horst H. Kruse called F.Scott Fitzgerald at Work: The Making of The GreatRead MoreF. Scott Fitzgerald. You Wouldn’T Think That A Poor Student874 Words   |  4 PagesF. Scott Fitz gerald You wouldn’t think that a poor student and terrible speller would be one of the best american authors in history, but there was something different about this man. Francis Scott Fitzgerald was one of the most unique american authors in a variety of different ways. F. Scott Fitzgerald summed up a crucial era in our own world. Not only did he write 15 astonishing books, but one of them is often required to read in high school or college to this day (The Great Gatsby). He had aRead MoreAn Interview with F. Scott Fitzgerald964 Words   |  4 PagesDailyTimes Newspaper F Scott Fitzgerald has been one of the most recognizable authors out there today. Many people admire his work, but he’s hard to catch and follow due to his busy schedule and personal lifestyle being an alcoholic. On the 19th of November 1925 I was given a chance to meet up with F. Scott Fitzgerald, to discuss about the eminent novel written by him â€Å"The Great Gatsby† at his house in Los Angeles. The books about a poor turned wealthy man, Gatsby and his attempt on getting hisRead MoreAnalysis Of Babylon Revisited By F. Scott Fitzgerald1240 Words   |  5 PagesAmerican culture from across several years. F. Scott Fitzgerald, author of Babylon Revisited, succeeds in framing what American culture was in the 1920s as well as the early 1930s. The story exposes the two cultures through the protagonist Charlie Wales, a business man who â€Å"got lucky in the market.† In the story, Charlie’s lifestyle is shown as one of luxury and excess which defines the era before the Great Depression known as the â€Å"Roaring Twenties†. As Fitzgerald unravels the narrative, he creates a settingRead MoreThe Great Gatsby : An American Nightmare1226 Words   |  5 Pagesnot. The Great Gatsby, by F. Scott Fitzgerald, presents the issue in pursuing the impossible: the American Dream. A dream in which all are â€Å"able to attain to the fullest stature of which they are innately capable† (Adams 215). Unfortunately, the latter does not hold true. In Fitzgerald’s own endeavour to lead a successful life, his professional advances conflicted with his ability to maintain a healthy relationship with his wife. Regardless of his abilities, Fitzgerald would not have ever been able

Nelson Mandela and the South African Apartheid free essay sample

South Africa was colonized by the English and the Dutch in the seventeenth century. The domination by the English resulted in the Dutch establishing new colonies. The two colonies were called Orange Free State and Transvaal. Soon after the Dutch discovered that the land had an abundance of diamonds. Once the English found out, they invaded the colonies which sparked the beginning of the Boer War. After the war ended and the Dutch gained independence, the National Afrikaner Party gained power. From there, the National Party came up with the apartheid. The apartheid was intended to cement their control over the economic and social system. It was also intended to keep white domination while extending racial separation. Even though it was a violation of international law, the South African government passed laws that created â€Å"grand apartheid†. The first apartheid laws were passed in 1948. These race laws touched every aspect of social life. We will write a custom essay sample on Nelson Mandela and the South African Apartheid or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The laws included, no marriage between non- whites and whites and they even sanctioned white only jobs. In 1951, a law was passed making it a criminal offence for a black person to work in any urban areas. The ratio of earnings for blacks and whites was one to 14. In 1950, the Population Registration Act required that South Africa be racially classified into three categories: white, black, and colored (mixed decent). In 1951, The Bantu Authorities Act required that blacks were assigned to homelands. All their rights were restricted to each specific homeland, even voting. In 1951, the Separation Representation of Voters Act led to the removal of colored from the common voter’s poll. They were no longer citizens of South Africa. From 1976 to 1981, four homelands were made, denationalizing nine million South Africans. Africans living in homelands needed passports to enter South Africa, they were aliens in their own country. The land allocation for blacks was thirteen percent and eighty- seven percent for whites. In 1953, the Bantu Education Act was passed. Instead of being taught the regular curriculum, they were taught information that suited the â€Å"nature and requirements of the black people†. They received education that provided them with skills to serve or to work in laboring jobs under whites. During the apartheid the estimated cost spent on education per student for blacks was forty- five dollars. The estimate for whites per student was six hundred and ninety- six dollars. The teacher to pupil ratio for blacks was one to sixty. The teacher to student ratio for whites was one to twenty-two. The penalties imposed on protests, violent or non- violent, were extremely serious. Anyone could be put in jail with no hearing by any level police official for up to six months. Thousands of African died in custody, usually after extremes of torture. Some who were tried were either banished or sentenced to death. Most were sentenced to life in prison, like Nelson Mandela. Nelson Mandela was a dominant figure in the South African liberation movement. All of Mandela’s protests were in the form of passive resistance. He worked with the African National Council (ANC) in an attempt to stop the apartheid efforts. In one protest, Mandel a publicly burnt his pass book. All blacks were required to carry â€Å"pass books† consisting of fingerprints, photo and information when in non-black areas. If you were caught without your pass book you would be arrested and put in jail for a minimum of thirty days. Mandela was tried for treason and was sentenced to life imprisonment in 1964. He spent twenty- seven years in prison but he never gave up. He continued his teachings while in prison while Robben Island. Mandela’s anti- apartheid messages were heard in South Africa and throughout the world. He consistently refused to compromise his political position to obtain his freedom. Of course Mandela did not act alone while protesting, but his voice held power and eventually the battle was eventually won. After he was released from prison in 1990 Nelson became president of South Africa. He is no longer president now, but his voice is still highly respected and heard everywhere.