Risk Management and Investment Essay Example | Topics and Well Written Essays - 3750 words - 1

Risk Management and Investment - Essay Example From the report, it is evident that the performance of the firm is better than the performance of other investment funds. Additionally, various risks come along the portfolios. Consequently, the recommendations reside on the basis that adding, modifying, and excluding some of the investment funds in the portfolio with improve the performance of portfolio. The investment portfolio is aimed at maximizing income located in the United Kingdom. The investment fund comprises of Greggs Plc., Tate & Lyle, Domino Printing Services, JD Sports Fashion PLC, Bellway PLC, William Hill PLC, Beazley PLC, RPC, Group PLC, Huntsworth Plc, CSR Plc., and cash worth 5 million pounds. From the stock 10 of them are securities and only one is 5 million pounds on deposit, which will earn, one per cent since the date inception (Markon 2010). The investment fund is a type of income whose main purpose is to maximize return with very low risk. Therefore, the investment fund needs to invest in securities having stable income like fixed income securities, blue chips, and deposit receipts. Although the growth of the securities is not stable, they are not exposed to various risks. The report discusses the past performance of the investment fund. Thereafter, the paper analyses the risk of the investment fund, which may hinder the fund from achieving income maximization (Fama 1970). Finally, the paper outline crucial and helpful recommendation for the investment portfolio to make sure that the aim of the fund is satisfied. Before the third section, it is assumed that the date of inception is 1st January 2012 and cut off date is 3rd Februrary. Secondly, the paper ignores the changes effect, inflation rate, trade cost, and commission, which the factors will be nil. Thereafter, the return of the investment fund will be lower that the return of the investment fund. Consequently, the inter-bank lending rate of one year represents FTSE

Customer Relationship Management in Bahrain Investment Banking Arena Essay Example for Free

Customer Relationship Management in Bahrain Investment Banking Arena Essay The banking industry has undergone widespread changes within the operating environment and this involves globalization of markets and technological improvements. These two factors have influenced and encouraged innovative practices within the banking industry that has served to enhance its operational efficiency. The introduction of ATMs and e-banking facilities are some of the major milestones in the banking industry that have revolutionized business operations. The global markets have intensified the competitive environment of the banking industry that has created the need for increased efficiency in operations and increasing customer satisfaction. Customers are the lifeblood of any organization and the banking business too depends on the acquisition and retention of consumers for its profitability. Customer relationship management forms a vital aspect of business strategy driving the company’s market shares and market leadership position. Customer relationship management (CRM) has been defined as a business strategy that â€Å"is a fusion of a series of functions, skills, processes, and technologies which together allow companies to more profitably manage (acquire and retain) customers as tangible assets† (Shanmugasundaram, 2008:98). It is viewed as an interactive process that creates a balance between corporate objectives and customer satisfaction to increase the profitability of the business. Acquisition and retention of customers is one of the vital requirements of business and the effectiveness of strategies driven towards this goal determines the success of business enterprises. The past few years have witnessed growing application of CRM in retail banking and investment banking sectors. The key objective behind such initiatives is to ensure the delivery of superior customer service and to fulfil the needs of consumers. Such practices are effective in enabling organizations to meet the needs of the consumers and provide improved services in comparison to other players in the industry. Competitive advantage and business gains are driven by a proactive approach that focuses on consumer needs and expectations, provision of consistently high quality service, looking into consumer convenience and an effective follow up service to ensure consumer loyalty. A vital aspect of investment banking and any other financial services is the changing consumer mindsets. Owing to the abundance of information easily accessible over the Internet the consumers today are more knowledgeable of the wide range of choices and alternatives available to them. The consumers are equipped with more knowledge related to the banking options available and hence their banking decisions are guided by their well-researched study. This fact holds true for all economic sectors and business operations but forms a critical aspect of banking industries since it caters to a diverse segment of consumers. In nearly all business to business markets in which clients are as large as, or as in this case, often much larger than their suppliers, the latter must respond quickly to pressures from their clients to improve client management processes and systems† (Foss Stone, 2002: 211). CRM in Investment banking sector The short term objective of the marketing department is to acquire customers while the long term objective translates to retaining the old customers through effective customer relationship management (CRM) strategies. Reaching and acquiring a new customer is one thing, keeping the relationship healthy and strong over a long period of time is the mark of the true marketing professional concerned with long term health of the organization† (Dolak, 2009). The increasing competitive market makes it difficult to retain customers over a longer period of time owing to the constant influx of new and substitute alternatives invading the shelf spaces at the local retail shop. This makes the task of CRM increasingly challenging and organizations adopt various strategies to attract old customers back. Retention strategies often employ measures such as consumer behaviour research and product surveys that enable the organizations to assess the needs and expectations of the consumer and enable them to serve better. Customers always appreciate the personal touch that results in building strong relationships. The net today provides numerous effective communication channels that are being used to keep the customer happy. Web based customer relationship management has effectively integrated all modes of communication – web, email, chat, video, voice to serve and support the customers to enhance the total customer experience. Investment banking differs from other forms of banking in the role a few major clients play on the bank’s performance and productivity (Foss Stone, 2002). This form of banking targets a fixed client segment that drives the sales of investment products and services. The efficiency of the banking sector is determined by the types of products and services sold to customers in response to their investment needs and expectations. Customization of products and services are the key to deriving client satisfaction. Identification of the client segment is a vital factor in targeting and reaching out to the desired client population and this process is driven by market research. The changing demographics and intense competitive pressures from global industry players have however made a significant impact on the business strategies of investment banks worldwide. The challenges faced by investment bankers lie in reaching out to target consumers and providing them with increased ease of banking services that serve to retain clients over a longer period of time. Moreover, the increasing demands of consumers and growing expectations have driven the banking sector to adopt technology based innovative applications for meeting consumer needs and expectations. Online banking services and mobile banking applications are some of the innovative means that are being used by investment bankers to reach out to their target consumers. Such applications have served to improve banking services and efficiencies in resolving customer queries and needs promptly through the click of the mouse button. The anytime and anywhere access to banking services have defined new trends in serving consumers. â€Å"Online customization is one useful customer relationship management strategy adopted by e-business to add value and improve sales of their products and services using the Internet† (Khosla et al. , 2003). Investment banking in Bahrain The banking sector in Bahrain is one of the key sectors influencing economic growth and development in the region. The contribution of the financial services and banking sector is second only to the oil and natural gas industry in the country. The country has experienced an economic boom and an upward trend in economic growth and development over the past few decades on account of globalisation influences and opening of trade channels. The banking sector has also opened to multinational corporations establishing their operations in the country to tap the growing number of high net worth individuals in the country. Despite the globalisation of banking operations and increased de-regulation of the financial services sector in the area the country continues to have a significant control and supervision over the regulatory environment. The Central Bank of Bahrain continues to be monitor and control the banking environment in the country. The modernisation of banking services and strategic approaches made by investment bankers in other parts of the globe have not produced much impact in this region owing to the constraints applied by the existing cultural influence. The retail banking scenario in Bahrain is to a considerable extent driven by the culture of the country. The cultural impacts are realised in the conservative approach of consumers towards banking and investment. Various research studies have concluded that while the region is an emerging market for technology applications and innovative practices, user attitudes have limited the scope of technology based business models in the banking sector. The conservative market environment and user attitudes towards the CRM strategies adopted by investment bankers in Bahrain forms the focal point of the research study. The research study will analyse the various perspectives involved in CRM approach by investment bankers through the study of Unicorn Investment Bank in Bahrain. The bank was founded in the year 2004 and has its headquarters in Bahrain. It is an Islamic financial services group that has an international presence in various locations such as Malaysia, Turkey, Saudi Arabia and United States. The bank currently has six distinctive business service categories that include asset management and real estate, capital markets, corporate finance, private equity, strategic mergers and acquisitions and treasury. Among the various services offered by the bank the key approach is to deliver the customers with a comprehensive range of investment solutions that are customised to meet client needs and expectations. Unicorn’s integrated product offering and financial engineering skills are closely intertwined with a strong capacity to distribute the Bank’s products and services to a broad client base across the GCC region, the wider Middle East region, Southeast Asia, the USA and the Europe† (Unicorn, 2010). The target customers of the bank include high net worth individuals, business enterprises, financial institutions, corporations, and government agencies and departments. The products offered by the bank are Shari’ah compliant and conforms to the international financial practices (Unicorn, 2010). Issues and challenges â€Å"All major banks have invested heavily in technology and infrastructure over the last 5 and 10 years in this area, but hardly any of them have been successful in actually getting it effective† (Infosys, 2009). The failure of CRM initiatives within the investment banking sector have provided a new ground for research into increasing the effectiveness of CRM applications. There are many strategic implications related to the application of CRM within investment banking sector. This involves the adaptation of normal banking processes and systems to integrate with innovative use of technology based applications and automated query processing systems that require efficient management and handling of issues. Such issues pertain to the efficient use of CRM systems to meet operational goals and integrating the different banking functions to provide a structured application that can be used easily by consumers. Ease of use and convenience are some of the key parameters involved in the development of CRM based banking system. A key challenge facing these areas involves the security and privacy issues that form a major source of concern for consumers using the technology based applications. Technology based business models and CRM strategies enable investment bankers to provide the customers with efficiency in delivery of services, access to relevant information, product details and ease of transactions. Mobile banking and e-banking facilitates the customers of investment banking to a host of facilities that range from product enquiry; access updated rates of interest and market values of the investment products chosen and conducts investment transactions online. Investment portfolios can also be accessed and manipulated according to user convenience from the comforts of their home or office. However, widespread usage of such systems has been restricted on account of user reservations related to security issues and privacy of vital user data and information. Mobile banking and online transactions raise security and privacy concerns among most of the consumers (Barati Mohammadi, 2009). The transfer of sensitive financial and personal information across mobile networks is found to be the prime reason behind the psychological barriers created among potential mobile banking customers (Laukkanen, 2007).

How Does the Body Maintain Acid-Base Balance?

How Does the Body Maintain Acid-Base Balance? It is important to regulate chemical balance or homeostasis of body fluids. Acidity or alkalinity has to be regulated. An acid is a substance that lets out hydrogen ions in solution. Strong acid like hydrochloric acid release all or nearly all their hydrogen ions and weak acids like carbonic acid release some hydrogen ions. Bases or alkalis have low hydrogen ion concentration and can accept hydrogen ions in solution. Acidity or alkalinity of a solution is measured by pH. (1) Regulation of Acid-base Balance Body fluids are maintained within a narrow range that is slightly alkaline. The normal pH of arterial blood is 7.35 and 7.45. Acids are continually produced during metabolism. Several body systems including buffers, the respiratory system and the renal system are actively involved in maintaining the narrow pH range necessary for optimal function. Buffers help maintain acid bases balance by neutralizing excess acids and bases. The lungs and the kidneys help maintain a normal pH by either excreting or retaining acids or bases. (1) Hydrogen ion concentration of body fluids Hydrogen ions are continually being added to the body fluids as a result of metabolic activities. To maintain a constant (H+) in the body fluids, input of hydrogen ions must be balanced by an equal output. On the input side only a small amount of acid capable of dissociating release H+ is taken in with food. Most hydrogen ions in the body fluids are generated internally from metabolic activities. Normally hydrogen ions continually being added to the body fluids from three following sources: Carbonic acid formation. The major source of H+ is through H2CO3 formation metabolically produced CO2. Cellular oxidation of nutrients yields energy with CO2 and H2O as end products. Catalysed by the enzyme carbonic anhydrase, CO2 and H2O from H2CO3 which then partially dissociates to liberate free hydrogen ions and HCO3-. Reaction The reaction is reversible because it can go in either direction, depending on the concentration of the substances involved. Within the systemic capillaries, the CO2 level in the blood increases as metabolically produced CO2 enters from the tissues. This drives the reaction to the acid side, generating H+ as well as HCO3- in the process. In the lungs, the reaction is reversed: CO2 diffuses from the blood flowing through the pulmonary capillaries into the alveoli from which it is expired to the atmosphere. The reduction in CO2 in the blood drives the reaction toward the CO2 side. Hydrogen ions and HCO3- form H2CO3 which rapidly decomposes into CO2 and H20 once again. The CO2 is exhaled while the hydrogen ions are incorporated into H2O molecules. When the respiratory system is able to keep pace with the rate of metabolism, there is no net gain or loss of H+ in the body fluids from metabolically produced CO2. When the rate of CO2 removal by the lungs does not match the rate of CO2 produ ction at the tissue level, the resultant accumulation of CO2 in the body leads to an excess or shortage of free H+ in the body fluids. Inorganic acids produced during the breakdown of nutrients. Dietary proteins and other ingested nutrient molecules that are found abundantly in meat contain a large quantity of sulfur and phosphorus. When the molecules are broken down, sulphuric acid and phosphoric acid are produced as by-products. Being moderately strong acids, these two inorganic acids dissociate to a large extent which releases free H+ into the body fluids. In contrast, the breakdown of fruits and vegetables produce bases that neutralize the acids originating from protein metabolism. Organic acids resulting from intermediary metabolism. Numerous organic acids are produced during normal intermediary metabolism e.g. fatty acids are produced during fat metabolism and lactic acid is produced by muscles during heavy exercise. These acids partially separate to produce free H+. Hydrogen ion generation normally goes on as a result of ongoing metabolic activities. (1) Buffer systems Buffers prevent too many changes in pH by removing or releasing hydrogen ions. If excess hydrogen ions is present in body fluids then buffers bind with the hydrogen concentration which minimizes the changes in pH. The acidity of a buffer is immediate but limited in capacity to maintain or restore normal acid-base balance. The pH of blood plasma is around about 7.3-7.4. The pH of urine is 7 which are neutral but it can be more but certain factors can make the pH of urine go up or down. The pH of mucus can vary from organ to organ with a pH of 6.9 to 9. Lymph has a pH of 7.4 and saliva has a pH of 7.4 (2) The phosphate buffer system Phosphoric acid changes quickly into dihydrogen phosphate (H2PO4-). The dihydrogen phosphate is an excellent buffer since it can either grab a hydrogen ion or reform phosphoric acid or it can give off another hydrogen ion and become monohydrogen phosphate (HPO42-). The figure shows that in an extremely basic condition, monohydrogen phosphate can even give up remaining hydrogen ion. If H2PO4- is in acidic solution, the reaction above will go to the left and if the H2PO4- is in a basic solution, the reaction proceeds to the right. Therefore the phosphate buffer system can accept or donate hydrogen ions depending on the solution it is in. (2) The protein buffer system Protein themselves act as buffers. Proteins are made up of amino acids and amino acids have a central carbon with four groups off of it. These four groups are carboxyl group (COOH), an amino group (NH2), a hydrogen atom and an à ¢Ã¢â€š ¬Ã‹Å"Rà ¢Ã¢â€š ¬Ã¢â€ž ¢ group. The carboxyl and amino groups are what enable proteins to act as buffers. (2)aminoac.jpg (21060 bytes) The carboxyl group is attached to the amino acid central carbon; C-COOH. In the figure there is a carboxyl group off to the left. The carboxyl group consists of a double bond to one of the oxygen and a single bond to the hydroxyl group. The important part of the carboxyl group is the hydrogen atom within the hydroxyl group. Round about neutral pH the carboxyl group is actually COO- instead of COOH. If the protein finds itself in a more acidic solution, the carboxyl group will be able to take on the extra hydrogen ions and return to COOH configuration. (2) The amino group is attached to the amino acid central carbon; C-NH2.the amino group is shown at the right hand side of the diagram of the amino acid above. Round about neutral pH the amino group is NH3+ rather than just NH2. It actually tends to carry an extra hydrogen ion at a normal pH. Then if a protein finds itself in a more basic environment, it amino group on its amino acids can actually release their hydrogen ions and return to NH2. Amino acids can accept or donate hydrogen ions making them excellent buffers. Any given proteins typically have hundreds of amino acids so proteins make superb buffers and they are found in high concentration in intracellular solutions. (2)protbuff.jpg (23396 bytes) The carbonic acid system In blood plasma, the carbonic acid and hydrogen carbonate ion equilibrium buffers the pH. In this buffer, carbonic acid (H2CO3) is the hydrogen ion donor (acid) and hydrogen carbonate ion (HCO3-) is the hydrogen ion acceptor (base). Carbonic acid plays an important role as a buffer in maintaining pH in blood plasma. H2CO3(aq) http://scifun.chem.wisc.edu/chemweek/arrowdbl.gifH+(aq) + HCO3-(aq) The buffer functions in the same way as the phosphate buffer. Additional H+ is consumed by HCO3- and an additional OH- is consumed by H2CO3-. If pH falls below normal value, a condition called acidosis is produced and if the pH rises above the normal value, a condition called alkalosis is produced. The concentrations of hydrogen carbonates ions and of carbonic acid are controlled by two independent physiological systems. Carbonic acid concentration is controlled by respiration that is through the lungs. Carbonic acid is in equilibrium with dissolved carbon dioxide gas. H2CO3(aq) http://scifun.chem.wisc.edu/chemweek/arrowdbl.gifCO2(aq) + H2O(l) An enzyme called carbonic anhydrase catalyses the conversion of carbonic acid to dissolved carbon dioxide. In the lungs, excess dissolved carbon dioxide is exhaled as carbon dioxide gas. CO2(aq) http://scifun.chem.wisc.edu/chemweek/arrowdbl.gifCO2(g) (4) The pH Buffer system The buffer systems guard against sudden shifts in acidity and alkalinity. The pH buffer systems are mixtures of the bodyà ¢Ã¢â€š ¬Ã¢â€ž ¢s own naturally taking place weak acids and weak bases. These weak acids and bases exist in balance under normal pH conditions. The pH buffer systems can work chemically to reduce fluctuations in the pH of a solution by regulating the amount of acid and base. The most important pH buffer system in the blood involves carbonic acid which is a weak acid formed from the carbon dioxide dissolved in blood and bicarbonate ions which is the corresponding weak base. Carbaminohaemoglobin is a compound of haemoglobin and carbon dioxide and it is one of the ways in which carbon dioxide can exist in the blood. 15-25% of the carbon dioxide is carried in the blood this way. When carbon dioxide binds to haemoglobin, Carbaminohaemoglobin is formed which will lower the haemoglobins affinity for oxygen via the Bohr Effect. When there is no oxygen, unbound haemoglobin molecules have a greater chance of becoming Carbaminohaemoglobin. The Haldane effect relates to the increased affinity of de-oxygenated haemoglobin for H+ offloading of oxygen to the tissues therefore results in increased affinity for the haemoglobin for carbon dioxide and H+ which the body wants to get rid of which can then be transported to the lung for removal. The veins which carry deoxygenated blood back to the right atrium of the heart appear bluish due to the distinctive blue colour of carbaminohaemoglobin. How acid-base balance is maintained including the role of the kidney and lungs as means of excreting excess acidic or basic ions The lungs and kidneys are two major systems that work on a continuous basis to help regulate acid-base balance in the body. In the biochemical reactions above, the process are all reversible and go back and forth as the bods needs change. The lungs can work very quickly and do their part by either retaining or getting rid of carbon dioxide by changing the rate and depth of respirations. The kidneys work much more slowly. They take hours and up to days to regulate the balance by either excreting or conserving hydrogen and bicarbonate ions. Under normal conditions these two systems work together to maintain homeostasis. The amount of acidity or alkalinity blood possesses it important. When the level of acidic compounds in the body rises then the body acidity increases to through increased intake, production or decreased elimination. When the level of basic compounds in the body falls through decreased intake, production or increased elimination. The body uses different mechanisms to co ntrol the bloods acid base balance. Role of the lungs: the release of carbon dioxide from the lungs is a mechanism the body uses to control blood pH. Carbon dioxide is mildly acidic and it is a waste product of metabolism of oxygen. Waste products such as carbon dioxide get excreted into the blood. The blood transports carbon dioxide into the lungs where it is exhaled. As carbon dioxide mount up in the blood the pH of the blood decreases which means acidity increases. The brain controls the quantity of carbon dioxide that is exhaled by monitoring the speed and depth of breathing. The amount of carbon dioxide that is exhaled increases the breathing to become faster and deeper. Bu adjusting the speed and depth of breathing the brain and lungs are able to regulate the blood pH minute by minute. (3) Role of Kidneys: the kidneys are also able to affect blood pH by excreting excess acids or bases. The kidneys have some capacity to change the amount of acid or base that is excreted but because the kidneys make these modifications more slowly than the lungs do, this compensation can take several days. (3)

My worse experience Essay -- essays research papers

Some people have incredibly good luck. I do sometimes, but rarely. I could go on and on about all of the bad things that have happened to me, but they are not that big of a deal. There is only one occurrence that stays strong in my mind. One bright, sunny day, everything was going great, then boom, I was hit. Following this incident, many thoughts have passed through my mind. It was a confusing mess. I believe I learned something, but it has changed me in many ways also.   Ã‚  Ã‚  Ã‚  Ã‚  My boyfriend, Justin, and I made plans to take a trip to the mall and to grab a bite to eat. It was a beautiful day, but neither of us wanted to drive, so we decided to take Marta. I had no money at all, so we stopped by my job at the time to pick up my paycheck. After I was finished with that, we went by which we filled with taking pictures of each other with a disposable camera Justin had. The bus pulled up and I took Justin’s hand and proceeded to cross the street. I have not one memory of what happened after that. I awoke in a small room with my mother crying in the background. Bright lights blinded me and I could feel the blood pouring down my face, into my eye, then falling off my chin. I could not move, I just laid there feeling paralyzed and bleeding, barely conscious. A doctor hovered over me, stitching above my right eye. Then I went out again.   Ã‚  Ã‚  Ã‚  Ã‚  I woke up in a dark, dank room with my mother and boyfriend beside...

Kantian Capitalism

Kantian capitalism focuses on the corporation as an individual with rights, the exercise of which is limited to the extent that the rights of others are affected. As such, the corporation and its managers are responsible for the consequences of their actions on others. A utilitarian perspective would present the argument that the liability of corporations in the effects of its actions depends largely on whether or not Kantian capitalism focuses on the corporation as an individual with rights, the exercise of which is limited to the extent that the rights of others are affected.As such, the corporation and its managers are responsible for the consequences of their actions on others. The Stakeholder Theory in Kantian capitalism focuses on a rights perspective however as there is no balancing of rights overstepped and benefits made. There is simply a remuneration of the said rights offended by the company’s acts, regardless of the number of people benefited or the extent of the g ood resulting from such act. A utilitarian perspective would present the argument that the liability of corporations for the effects of its actions depends largely on the extent to which the general public is benefited.The balance struck in this theory is between the rights of the stakeholders of the corporation with the consequences of corporate procedures. There is thus an acknowledgement that the corporation has a responsibility to those of the public disturbed by its actions, thereby placing value in each person and not merely justifying their losses as means to a greater good. The classical look at capitalism would not bother with the outside perspective as it would draw only into itself and its benefactors, in this case the stockholders. Management would then simply protect the claimant privileges of those contributing to the resources of the company, the stockholders and stakeholders. Kantian capitalism however looks beyond these assertive rights and places greater priority o n the rights of individuals outside the corporation yet still affected by its workings.The legal justification for the theory presents the corporation as a judicial person endowed with rights and duties of natural persons, yet not possessing the same characteristics. A judicial person in the form of a corporation begins its existence upon action of its component members yet its existence persists even after such members desist from their commitment, so long as one or more still remain or others should take the place of those who leave. However, being judicial persons, their existence is dictated and constrained by law. The laws clearly establish that the rights of stockholders from gathering their share from the company is secondary to the rights of customers, suppliers, local communities and the like to seek redress for grievances they might have incurred in relation to the company.Economic justification would bring in external factors affecting management capitalism. As the nature of the consumers, the effect upon the locality and the competition in the community converge to work upon the reality of running the company, the need to keep within the bounds of their duties surfaces. To state plainly, no matter the ideal management in capitalism prefers the benefiting of only their own management and patrons, the facts would prefer the practical giving back to clientele, distributors, and the like. There is then a greater benefit to the company’s longevity as result regardless to how such acts may translate to profits for the meantime.There is need to remember that there is a balance that must be sought. So far the playing field has been drawn so as to seem biased towards the rights of outsiders. The balance is struck in that Kantian capitalism permits the use of people as mere means to an end, when these people are conscious of the role that they play and give express permission to be used as such. The rights perspective stabilizes this situation by prov iding these persons must be active parts of decision-making regarding their participation in the company. The prevalent paradigm of respect for others and the preservation of rights will not be defeated then. It is then a joint future that the corporation seeks to address when they formulate plans.This theory, in law and in actual practice in the market substantiates reason. Efficient management would need to answer the company’s liabilities to the community. The externalities should be taken into account to further the progress of the company as ignorance of the same would result in long-term degradation of the quality of service produced. By following the theory of Kantian capitalism, the sting is taken out from the suppressive reign of corporations as costs are not passed onto outsiders but is accounted for by the persons causing them. There is then a redistribution of resources and a striking of market equilibrium.Ideally, markets operate to provide the best product or se rvice to consumers at the cost required by companies to produce such. The idyll of the market place requires the control of externalities not by the community but by the corporation. Thus long-term benefits are taken into account and not short-term profit. Kantian capitalism thus answers for an expanding and growing economy.A more stable economy would thus attract more investors, not just to mean that new corporations and more competitors are encouraged, but that more stockholders are encouraged to contribute to the growth of already existing corporations. The old goal of capitalism, to provide profits to stakeholders, is therefore still addressed. This time, even taking into account the distribution of such profit not just to the oligarchy or to a select few but to a more widely spread out class distribution. The arguments against capitalism and Rightist extremism is, in this way, buffered as the paradigm rotates closer to a central, or a right closer to center perspective.Works Ci tedEvan, W. and Freeman, R. (). â€Å"A stakeholder theory of the modern corporation: Kantian capitalism.† Ethical Theory and Business, 3rd ed. 1988.

Self Awareness Essay Example

Self Awareness Essay Example Self Awareness Essay Self Awareness Essay And moral judgment Attitudes Cognitive style (towards change) Developing adaptability and responsibility Determine information acquisition and evaluation Interpersonal style Determine preferences and interaction patterns (Carbolic 2005) Preserving face Known to self to others Arena know to others Facade Not known to self Blinds Unknown Dwyer (2000) Communication in Business: Strategies and ask Self perception ; Think about the image you have of yourself. Quickly Write the first 6-10 words that come to mind ; Of these words write the words that are in your Arena and those in your facade. ; Give examples Of each Work with partner ; What image do they project? Write the first 4 words that come to mind. ; Discuss your findings. One at a time! Remember ; Any discrepancy between perceptions can serve as a learning opportunity for both ; What have you learnt of your bloodspot or facade? Perceptual distortions Stereotyping generalizing ; Halo effect trait dominates sloppiness ; Central tendency averages everything ; Contrast effects evaluations affected ; Projection ; Perceptual defense called upon to preserve our self-perception (Wilson 2010) In groups concepts used ; Did you mostly use adjectives which tend to be evaluative nouns which tend to be neutral verbs which tend to be behavior oriented ; What have you learnt of your perceptual filters? What perceptual distortion do you mostly use? Lessons to be learned Ones perceptions can never be totally accurate ; Rephrase what is said ; Question your conclusions of others judging others has life implications ; The greater self-understanding the easier not to make extreme judgments.

Semiotic Analysis of selected scenes from essays

Semiotic Analysis of selected scenes from essays Western Films are the major defining genre of the American film industry, a nostalgic eulogy to the early days of the expansive, untamed American frontier and the borderline between civilization and the wilderness. They are one of the oldest, most enduring and flexible genres and one of the most characteristically American in their mythic origins. This indigenous American art form focuses on the frontier west that existed in North America in the 19th and early 20th centuries and are often set in the American frontier during the last part of the 19th century (1865-1900) following the Civil War, in a geographically western setting with romantic, sweeping frontier landscapes or rugged rural terrain. The Searchers (1956) is considered by many reviewers to be a true American masterpiece of filmmaking, and the most influential and perhaps most admired film of director John Ford. It was his 115th feature film, and he was already a four-time Best Director Oscar winner [The Informer (1935), The Grapes of Wrath (1940), How Green Was My Valley (1941), and The Quiet Man (1952)], all for his pictures of social comment rather than his quintessential westerns. The films themes include racism, individuality, the American character, and the opposition between civilization, exemplified by homes, caves, and other domestic interiors and the untamed frontier wilderness. The film begins with a frontier cabin door opening onto the wilderness. The black silhouette of a frontier woman moves from the darkness, with a forward-tracking camera, through the door to the brightly sunlit wilderness outside through which Monument Valley is seen. Moving excitedly to the porch, she notices a man approaching, in the centre of the frame, who slowly rides in from the desert in a mythic entrance - the man is framed between two distant buttes. The scene presents the visual and iconic motif of the framed doorway and the indexical threshold between the two worlds. T...