The application and implementation of short term and long

Accent And Dialect

Accent And Dialect Accent And Dialect Accent And Dialect By Sharon Most people think of an accent as something that other people have. In some cases, they speak disparagingly about one accent compared with another. The truth is that everyone has an accent, because an accent is simply a way of pronouncing words. The reason that you can tell the difference between people from Boston and the Appalachians, or between London and Manchester is because each group of people has a different way of pronouncing the same words. In other words, accent is all about sound. When it comes to changes in vocabulary in different regions, then youre talking about dialect. Dialect refers to differences in accent, grammar and vocabulary among different versions of a language. For example, depending on where you live in England, one type of baked goods could be called buns, cobs or rolls. It is likely that when you speak in the dialect of a particular region, you will also speak in the accent of a particular region. However, incomers may speak the dialect of a region with a different accent. This may also apply to people who have emigrated from one country to another. They may speak a different form of a language from those born in that country. So, what does all this have to do with writing? Its simple. Most written English is based on a dialect of English. The variety of English known as standard English uses a certain type of grammar and vocabulary which is taught to students of English all over the world. They may speak with a different accent, but the dialect is basically the same. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:50 Redundant Phrases to AvoidTen Yiddish Expressions You Should KnowEmpathic or Empathetic?

Tools of Managerial Economics Essay Example | Topics and Well Written Essays - 1000 words

Tools of Managerial Economics - Essay Example Competitive markets, Market power and imperfect markets are the three main areas of interest in managerial economics. Managerial economics underlies the basic factors which monitor the process of a manager - the external and internal factors. As the implies the internal factors lie in the purview of a manager and correspondingly microeconomics define the basic tenets of managerial economics. Thus managerial economics has a more limited scope - it is more application of microeconomics to managerial issues. Thus when we try to analyze a basically macroeconomic phenomenon, the fall of the Socialistic regime in Eastern Europe, we will be basically analyzing the forces which defined the characteristics of different markets in this market under several external forces, the most important being government intervention. Individuals are found to share common motivations that lead them to behave rationally in making economic choices - this is the foundation of managerial economics. This implies that an individual who, when faced the same choices at two different times, will behave in the same way during both the times (Varian 2005). The entire conceptual base is economics is built on the theory of Demand and Supply - the main pillars on which the subject stands. Thinking of the buying process as a contest, demand and supply are the forces which monitor and shape the strategies that the two sides adopt in the market. The aspect of nations it is demand and supply again which determine the level and efficiency in the macro levels of economic activity. The political and economic systems built by the communists in eastern Europe started on its route to collapse by 1973. A prime economic problem of allocation occurred - the planners in this socialist economy stressed on the allocation of a large share of its GNP to in armaments production and heavy industries. This investment, done at the cost of living, led to the immobilization of a large number of resources. Thus the U.S.S.R. was at one time leading the world in the production of several primary goods like coal, oil, electricity, steel, and cement, which was not getting reflected in the final products or finished goods. When one tries to understand the reason for the collapse of the system in U.S.S.R, one should realize that this is a classic example of how the extreme government expenditure has caused a nation's economy to go bankrupt. This is a classic example of a situation where a perfect market has been suppressed - factors of production were being employed at abnormal prices and market demand was being met by a monopolist - the state here. Economists and managers alike, build models of economic behaviour by inductive reasoning. The model is tested with actual empirical data. If the tests support the model, it can be accepted; otherwise, it should be revised. The situation in eastern Europe has thrown across several important information – like the growth of an economy in the midst of severe administrative bottlenecks, the lack of meaningful foreign trade, and political dissonance.  Ã‚  

Human Resources & EEOC Research Paper Example | Topics and Well Written Essays - 2000 words

Human Resources & EEOC - Research Paper Example Hence it is an integral part of the Human Resources Management in United States. It is headquartered in Washington DC (About EEOC, 2013). EEOC’s Vision is: â€Å"Justice and Equality in the Workplace† EEOC’s Mission is to: Stop and Remedy Unlawful Employment Discrimination (About EEOC, 2013) EEOC laws are applicable for almost all employers who have employee strength of minimum fifteen employees. In case of age discrimination, the firm should be of minimum twenty employees. EEOC laws also cover most employment agencies and labor unions. Hiring, firing, training, promotion, wages, benefits, harassment and all other work situations are covered by the EEOC laws. (About EEOC, 2013) The U.S. EEOC is a bipartisan Commission. The President appoints all of its five members. They are the Chair, Vice Chair and the three Commissioners (The Commission, 2013). The President also appoints EEOC's General Counsel (Strategic Plan for fiscal year 2012-2016, 2013). EEOC has a speci fic strategic plan and the three values that underlie the plan are: Commitment to Justice: The Commission has been entrusted by the Congress, with the duty of enforcing non-discrimination laws of employment for the nation. Accountability: EEOC is accountable to the nation, just like any other federal agency. Integrity: The Commission has to be objective in nature while investigating charges and adjudicating cases. Every person it serves or interacts with during work and every member of the EEOC workforce has to be respected and treated with good manners and professionalism. (Strategic Plan for fiscal year 2012-2016, 2013) Role of EEOC EEOC has the right to investigate any sort of discrimination charges against employers, duly covered by the EEOC law. Their investigation has to be fair and accurate in order to assess the allegations. If it is found that discrimination has taken place, EEOC will first try to settle the allegation. If they are unable to sort it out they have the right to file a lawsuit for the same. However, EEOC does not file lawsuits in every case of discrimination (About EEOC, 2013). EEOC also believes in â€Å"prevention is better than cure† that is, it tries to prevent discrimination through various awareness and technical assistance programs, before it occurs. Federal agencies are guided by EEOC on every aspect of equal employment opportunity program. Affirmative employment programs of federal agencies’ are being regularly monitored and evaluated by EEOC (About EEOC, 2013) The company distributes informative and educational materials and provides training, guidance and assistance to all stakeholders, including administrative judges who conduct EEOC lawsuits. (About EEOC, 2013) Laws Enforced by EEOC (listed in the sequence EEOC got authority): Title VII of the Civil Rights Act of 1964 (Title VII), as amended. The Age Discrimination in Employment Act of 1967 (ADEA), as amended The Equal Pay Act of 1963 (EPA), as amended Section 501 of the Rehabilitation Act of 1973, as amended - prohibits employment discrimination against federal employees and applicants with disabilities. Title I and Title V of the Americans with Disabilities Act of 1990 (ADA), as amended. The Genetic Information Non-Discrimination Act of 2008 (GINA). (Strategic Plan

Engineering Management Coursework Example | Topics and Well Written Essays - 1250 words

Engineering Management - Coursework Example Management style has an important role to play as appropriate management style can help employees perform their tasks efficiently and achieve their targets, meet organizational goals, keep the employees motivated and help organization make efficient decisions (Bryman, 1993). Not only this, management style has a major part to play in creating the organizational culture. This report highlights about the management style of one of the most renowned companies of the world, Apple Inc. The management style of the previous Chairman and Chief Executive Officer of Apple has been analyzed and advantages and disadvantages of his leadership style have been discussed. Also the report provides different types of recommendation to the management of Ili Electronics Inc. to implement some of the characteristics in the company that could be helpful in increasing the morale and motivation of the employees and at the same time improve the productivity and profitability of the company. ... In an autocratic management style, the decision making authority and power lies with the top management of the organization and employees are not allowed to make their decisions. In such a management style, the employees of the organization are supposed to follow the instructions and orders given to them by the manager. Apple operates in an industry where innovation and creativity are very important factors, and other firms in the same industry encourage employees to think and be innovative and come up with different ideas (Silicon Beach Training News, 2011). In Apple the decisions are imposed, whereas in Google the management has given employees to the option to select the project they would like to work on and with whom they would like to work with thus these two management styles have been contrasting but both have been successful. 20% of the employees working time have been allocated by Google to come up with their own software concepts and ideas whereas all kinds of thinking and planning is done at the top level at Apple (McInerney, 2011). ADVANTAGES OF MANAGEMENT STYLE OF STEVE JOBS There are several advantages of the autocratic style of leadership which was adopted by Steve Jobs and these advantages are described below Standards Pre-defined In an autocratic management style, there are standards that are to be followed by the employees therefore they know what is expected of them and thus they can perform their tasks accordingly which would lead to the organizational objectives. Supervision In such a management style, the supervisors are present to guide the employees wherever they get stuck or faces problems and generally supervisors or managers are experienced and they have the

Applications of Reference Checks in Selection Process

Applications of Reference Checks in Selection Process Discuss the reasons for carrying out reference checks and the effective ways to conduct it during the selection process. Based on numerous assessment methods available on hiring employees, reference checks are deemed vital as it is seen as a powerful tool that generates and gathers useful reports of knowledge on any applicant’s previous working history in terms of their accomplishment and history. A successful reference guiding process depends almost heavily on the principle which is based on behavioral consistency. This simply is because it is believed to be the most reliable principle based on analyzing and forecasting the future behavior of applicants in terms of job performance and also based on previous behavioral working history. Not only does this method guarantees choosing future candidates with a strong background of history in terms of previous history of job-related performances, referencing checking aids managers to determine and exclude future candidates that are known to have histories of inappropriate and unacceptable workplace related behaviors. References that are properly condu cted according to standard operating procedures aid organizationsin verifying successful job predictions and determining the right qualifications that helps put everything in place in order to make sure the selected organization manages to get the right person to fill in the job vacancy. This is important as by failing to obtain the right future employee will result in a lot of lost in terms of finance, time and the fact of maybe having to face a lawsuit for dismissing the candidate prematurely. A reference check which is well structured is a well-organized evaluation of a candidates previous job work-related performances. This is based upon exchanging dialogs with previous co-workers of the future candidate. Like any other pre-employment interviews, reference checking is at its optimum levels when it is coordinated to be structured perfectly along with the integration of thoughts into the potential hiring process. A well-structured check is almost a hundred percent, if not more successful than carrying out an informal conversation with the candidate’s previous co-workers. This is because it helps to gather useful information that will boost the hiring manager’s confidence based upon the results that he or she will obtain and at the same time, a well-organized referencing check will help to enhance any legal dispute that may occur in the near future. The following are the multiple options that can be structured besides the standard ‘having a casual conver sation’ .This can be shaped to be a successful tool that can easily be made to assess candidates with ease. But before that, what are some of the purposes of having to conduct references check you may ask? Well, one of the most important steps of planning process is to determine various purpose of having a reference check. This will help in 2 major ways; Firstly, this will help aid the various types of information that needs to be collected and stored and secondly, the process that will be conducted in order to obtain it . The data that is collected from reference checks may ultimately serve three different means. First and foremost, it helps to verify the truth behind the initial information that has been given by the candidates during their interview, on their application forms and lastly on their resume. Next, the data collected by reference checks helps in unveiling signs of undesirable and unacceptable previous history of behavioral work pattern. Last but not least, this method helps to determine the amount of development that the future candidate may require in terms of setting up future extra training to help fill in the ‘training-gap’ in order for the candidate to help achieve the goals and vision of the hiring organization. Now, back to the examples of various means of reference checks; Job related, the aim is to concentrate on the candidate’s abilities to perform the task and job that are stated along the lines from the statement of merit criteria. Organizing the check over this criterion gives a more detailed forecast of future job abilities .Observation, any information that is going to be provided by a referee has to be based on experience or observation or previously working with the candidate. This allows the referee to utilize his experience to further support the candidate by commenting on the abilities and performance of the candidate from their previous job. Standardize, A set of standard equal questions are asked toward all referees in all appointment procedures. This method ensures that there is a fair ‘playing field’ for all candidates and that they are respected and treated as one, equally. Behavioral focused, Almost all reference checks becomes more liberal and any jud gementing errors are greatly reduced simply by focusing on behaviors that are work-related. By asking proper questions and differentiating proper information with skills ensures that any fraudulent image pictured by the candidates is gunned down. Legal Defense, This has developed to become one of the greatest aspect that should be considered by all firms simply to be at the right side of the law and to be protected just incase of any unforeseen circumstances in the future. A detailed and proper reference check will help enable any organization to ensure that they uphold the requirements met by the government in their respective region. Reference checking is deemed as one of the final steps before actually considering hiring an actual candidate and it is important if not more important compared to the previous steps of the initial selection stages. It is vital that the outcome of this step is dealt directly with the ability of the candidate to perform the job required to do accordingly. It is important to plan basic questions that will allow you to ask the referee of the applicants and questions that will be directed directly to the applicants as well. Moreover, if the organization is dealing with more than 1 candidate, then specific questions should be prepared before hand as it will help to clarify any problems specifically towards each and every candidate respectively. As always, it is always better to prepare beforehand so that the time is saved and everything is checked before making the final decision. In order to conduct a proper standard of record keeping, its almost advisable to create a reference form that will include the name of the interviewer, the name of the candidate, the time and date , position that the applicant is applying for and last but not least, their previous workplace name. A standard set of questions should be included as well and the form should have sufficient space for addition notes that you will take down during their response to the questions that will be asked. One of the effective ways to conduct referencing checks is to conduct an interview with the potential candidates. Questions should be asked like they are asked in any other interviews regarding their pass experiences, ask questions regarding to their ability of carrying out the job given, their general thoughts on the job ,the output that they are willing to commit to , the ability to work with other employees regardless of their gender or race, their ability to get along with higher ranked employees who might not be easy going etc. Bear in mind that the reason is to extract vital information from the potential candidate. A clear picture of the candidate’s strengths and weakness should be gathered as the interview is conducted in order to finalized the referencing check. A referee that is brought in maybe interviewed as well in order to get a clear picture of the candidate’s pass job related experience and behavior. Another common step in conducting a referencing check is by verifying their education background. If the job scope requires a candidate with a strong education background, then it is almost required to firstly, contact the school register system in order to verify the validity of the certification. Next, it is important to contact the university or college of the candidate to verify their higher education degree. The last step to conduct a successful referencing checks is to hire an investigation team to conduct a criminal record search on the potential candidate. As mentioned earlier, a job with a higher job scope that will allow future employees to deal directly with customers definitely requires a proper security. Any applicant to the desired job should be required to sign off a waiver of any claims regarding the final outcome of the investigation. If say the background check comes back positive, then it should be forwarded to the organization’s legal counsel team for them to determine if the candidate is fit for the job or n ot . To summarize it, I feel that the importance of conducting referencing checks during any selection process is extremely vital. Not only will this allow any organization to employ the most suitable candidates for the job posting but it will help to prevent any organization from losing money in terms of facing law suits or time , in terms of conducting extra unnecessary training to fill In the training gaps that are require to carry out the initial job postings. There are several issues regarding this step in recent days and one of the main factors is that former employees especially in developed countries are almost reluctant to comment on their previous workers as they fear facing potential lawsuits. I believe, that in order to get the perfect candidate for the job, smaller companies , or in fact companies that works around their clients hand-in-hand which requires employees to enter their home , office etc. ( as in technicians, teachers , etc ) should consider outsourcing their refer ence checks to external companies in order for their future employees to be checked thoroughly from every aspect.

Californias Promise Essays -- State Government, State Deficit

In the 1960’s California experienced reverence through the reputation of being a promising great state. The increasing population as well as the massive publicity, contributed in highlighting this notion. However, in 2011, California no longer holds the same reputation in the eyes of its residents. With a current state deficit of $25.4 Billion, many Californians believe that the state is hopeless and can no longer regain to its past stardom. Famed Historian, Kevin Starr argues that California has lost its promise entirely; however, California has not lost its promise entirely for the fact that California is still the eighth largest economy in the world. California is able to function even with a dysfunctional government and institutional structure. California still has the potential to recover its reputation as a great promising state. By tackling the state’s dilemma, we are able to understand why and how California lost its greatness. Once we analyze the core probl ems of the state, such as the initiative process, the state legislature, and misrepresentation of the public, we will have a better understanding of how to tackle the issue. First, an obvious problem of the state is the usage of the initiative process. Originally, it gave â€Å"Californians the power to propose constitutional amendments and law that fellow citizens will vote on without the legislature’s involvement (Van Vechten, 20).† However, today, special interest groups have used this process abusively. In fact, initiative campaigns became an industry of its own in California. According to Mathews and Mark, â€Å"in 1996, annual spending on initiative campaigns in California topped $140 million (Mathews and Mark, 68).† Special interests groups that are financially well o... ...tion of 38 million people, California still has the potential to be great. If in fact California lost its promise, the state would not have that large of a population nor would it have the eighth largest economy in world. The problem of California is in the structure of the legislature and the institutions and practices that it has. There are unchecked power given to the people through the initiative process and there are fundamental structural flaws in the state legislature. By addressing these problems and critically thinking what needs to be reformed, California can potentially get its old reputation. However, we must reform without unconsciously changing the right things in our state. If California just reforms in the same way it used to, the states’ future may be ruined. Innovative means of solution is needed in order to stir the state to the right direction.

Rhetorical Essay: Shame is Worth a Try Essay

Dan M. Kahan’s â€Å"Shame is Worth a Try† was first published in the Boston Globe on August 5, 2001. In this essay, Kahan contends that the use of â€Å"shame† as a penalty of low level crimes is not only effective, but is an economical and humane alternative to imprisonment. It’s difficult to ascertain who Kahan’s intended audience is. However, because he uses examples of shame being used as an alternative sanction around the country; â€Å"Drive drunk in Florida or Texas, and you might be required to place a conspicuous â€Å"DUI† bumper sticker on your car† (Kahan 574) I would venture to say that the public at large is whom he is possibly targeting. This is further reinforced by the fact that the author chose to at least â€Å"initially† publish the article in the Boston Globe, a local Massachusetts newspaper. Kahan competently uses contrast and comparison throughout his essay to illuminate a subject that otherwise might be ignored. Nevertheless he ultimately falls short of being convincing, mainly, due to his lack of usage, of relevant facts and figures. Kahan opens his essay with the basic question â€Å"is shame an appropriate criminal punishment?† (574). He then explores examples of its use in various jurisdictions. â€Å"Refuse to make your child-support payments in Virginia, and you will find that your vehicle has been immobilized with an appropriate colored boot†¦Ã¢â‚¬  (Kahan 575). Immediately after grabbing the readers attention with examples, Kahan presents a contrasting viewpoint. â€Å"Many experts, however, are skeptical of these new shaming punishments. Some question their effectiveness as a deterrent†¦Ã¢â‚¬ (Kahan 575). This further elicits the readers curiosity, bringing them to the heart of the issue. The author eloquently asks the question, â€Å"Who is right?† (575). He then goes on to use a logos style exploration, of both sides of the issue. Kahan’s main claim is that proponents don’t get that shame, can be as effective as prison, at a lower overall cost to society. Kahan further argues and finishes strongly with the statement that the overall question shouldn’t be â€Å"isà ¢â‚¬  shame a proper punishment, but how do we employ it’s use properly? The author does an admirable job of grabbing the readers attention right from the start by giving interesting, and relevant examples of how shame has been employed around the country. ie: DUI’s in Texas, child-support in Virginia. Moreover, his use of logos styled arguments throughout the article does an excellent job of articulating his viewpoint while keeping the reader engaged. Kahan gains the readers respect by presenting well reasoned and intelligent viewpoints in such a way that it’s actually hard to find any particular fault with his assertions. The authors choice to present an opposing view right from the start, although not as effective as it could have been, was an apropos way to strengthen his stance. In moving forward, Kahan counterbalances some opponents by making it perfectly clear that his stance for shame based penalties applies to minor infractions of the law only . â€Å"There’s obviously no alternative to imprisonment for murderers, rapists, and other violent criminals†¦Ã¢â‚¬  (Kahan 575). By using examples of these shame based penalties from around the country, the author also makes it appear to the reader that he is knowledgeable in matters concerning our justice syste m. His strongest point though comes at the end of his article when he simply asks the question â€Å"Why not at least give it a try?† (Kahan 576). This seems to beg an additional question, since our current system is overloaded why not try a different approach? Kahans major downfall in this article is his insufficient use of relevant facts and figures. Although the author does reference one particular study by Harold Grasmick that shows â€Å"public disgrace exerts greater pressure to comply with the law than the threat of imprisonment and other formal punishments.† (Kahan 576). Overall it lacks the kind of â€Å"hard figures† it would take statistically to reinforce his claim. If the author had chosen to include some statistics on say, the effectiveness of alternative sanctions, or showed a cost analysis on prison sentences. He would have established a sense of trustworthiness with his reader. Unfortunately, due to the lack of those types of â€Å"hard figures† his essay lacks credibility. That lack of credibility, leaves the reader to wonder, just how knowledgeable is this author with this subject? If Kah an had just chosen to tell us a little about himself and his background, he could have very well hit a home run in the credibility department. He does after all have an exceptionally distinguished law career. Unfortunately, he fails to do so, thus leaving the reader with too many unanswered questions. The last major complaint of this essay is a complete lack of pathos style writing. Overcrowding, as well as, the shear number of offenders in our criminal justice system alone is staggering. This  hot button topic could have easily been used to stir up some emotion and passion in his argument. In this way, the author would have essentially legitimized his stance, as well as, inspired his readers to take action. For whatever reason though, the author chose to ignore this completely, and as such completely fails in winning over his audience. In the writing of this essay, Kahan addresses an important topic of our times. Our current criminal justice system is overloaded and wrought with problems, and addressing how to punish petty crimes is certainly relevant. Yet his article, despite illuminating this controversial and important subject, fails in delivering the facts needed to inspire any sort of change. Kahan does an admirable job of creating interest in a topic many might otherwise ignore. However, he ultimately falls flat in the execution and leaves the reader floundering, rather than informed. As a last note, Khans writing style might not always include the use of pathos. Unfortunately for him his lack of appeal to emotion in this particular essay will render it ultimately â€Å"forgettable†. Works Cited Kahan, Dan M. â€Å"Shame is Worth a Try† Models for Writers. Ed. Rosa Eschholz. Boston * New York: Bedford/St. Martin’s, January 2012. 574-578 Print

Market Analysis of Leasing Industry in Sri Lanka Essays

Market Analysis of Leasing Industry in Sri Lanka Essays Market Analysis of Leasing Industry in Sri Lanka Essay Market Analysis of Leasing Industry in Sri Lanka Essay This situation has changed drastically during the latter part of 2012. With these changes many banks and leasing companies experienced a slowdown in their leasing business activities Also Neffs have faced a fears competition from the Laces due to the rate differences In the assignment the author will analyze the current market situation and identify current issues and challenges faced by the Industry as a whole and by he selected entity Citizen Development Financial Services Pl COB. PESTLE analysis is conducted to analyze the environment and total market situation and SOOT was carried out to identify the strengths and opportunities to eliminate weaknesses. By application of marketing models, tool theories the author has arrived at a marketing strategy to go forward in next two years and also remedies for the challenges and problems. An actual Marketing budget is proposed along with actions and time lines for the implementation of the above. 1. Situation Analysis 1. 1 Sir Lankan Financial Industry Overview Characteristic of this island nation which has always surprised economists with its resilience and dynamic kinetics despite challenges that have impacted not only the region and the world, but the country itself, Sir Lankan once again posted strong economic growth, posted at 6. 5% at end 2012. This is remarkable given that this growth, though slightly reduced from the original projection still remains above both regional and global growth paradigms. The Sir Lankan banking and financial services industry is vibrant and market driven and hence as a consumer you are at an advantage. There are around 0 institutions, including commercial banks, licensed specialized banks (savings banks and development banks) and licensed finance companies. When we look at the statistics of the Central Bank we can clearly see the trend of increasing revenue and asset bases of non banking financial Institutes. Our target company which is Citizen Development Financial Services hereinafter refer as CDC , belongs to the Non Banking Financial Institutes and offers Leasing as their main product in product portfolio. Though there were some hiccup and fluctuation in global and Sir Lankan economy what we can e it Financial industry as a whole is not affected very much. Collapse of Ceylon group and its financial institutes made an effect but couldnt withhold the progress of the sector. 1. 2 Company Overview Citizen Development Business Finance CDC one of the Sir Lands fastest growing financial institution ( Sixth place in the NAB sector) , offering wide range of financial solutions to its customers through their Island wide branch network. . 2. 1 Vision of the company To be the financial power house that will foster entrepreneurial innovation and workmanship towards building up our nations economy to make sustained gains in living standards of Sir Lankan For the last few years after coming out of the Ceylon group umbrella as an Independent financial institute they have grown faster than the industry in terms of top line and bottom line. Branch network has expanded to 55 and also north and east aft er the end of ethnic conflict in Sir Lankan. Also for the past few years company is achieving its key performance indicators through Also they have come up in the corporate arena in Sir Lankan and recognized as one of the most valued brand in Sir Lankan for consecutive years. ( By LAM ) Source : Lankan Monthly Digest ( LAM ) Courtesy : Media Services (Pit) Ltd 1. 2. 2 External Environment- PESTLE Analysis It gives a birds eye view of the whole environment from many different angles that one wants to check and keep a track of while contemplating on a marketing plan. During the PESTLE analysis we are considering the macro environment in terms of Political, Economical, Social, Technical, Legal Environmental frameworks. Economical Interest rate movement, inflation rate movement and exchange rate movement have a considerable impact Central Bank tightened its monetary logic stance by raising policy interest rates ( raise of market interest rates due to this ) and imposing a ceiling on rupee lending. Possibility of further monetary-policy tightening will be heightened by CBS. Inflation has continued to remain at single digit levels for over 3 years declining on a on-year basis to a very low level of 2. Per cent in February 201 2 due to cautious monetary and fiscal policy CBS had largely ceased its intervention in the foreign-exchange market. This had allowed the rupee a certain degree of flexibility to flow. The relaxation of exchange-rate controls had led to appreciation for the rupee in recent past stabilization afterwards. The volatile global econ omic landscape Political Nobles, faced changes in taxation policy and some inconsistencies The increase in tariffs on imported vehicles impacted consumer purchasing behavior considerably, led to an emergence of difficulties in achieving lending targets. Prolific increase in the importation of motor vehicles, coupled with high demand for fuel, rising carbon dioxide emissions and traffic congestion, saw the Government strategies to reduce the encumbrances on its import payments, infrastructure and carbon footprint. This led to a revision on the excise duty on motor vehicles to lessen the burden. Legal The supervisory and regulatory framework continued to strengthen with several diktats issued for both banks and Elfs. Sells were subjected to assessment of fitness and propriety of Directors and key management personnel, as well as changes to definitions in the compilation of key indicators A panel of external auditors was appointed to conduct external audits of Nobles. Financial reporting is slated to improve further with the entirety of the financial sector becoming FIRS compliant, believed to be a mounding step in promoting greater harmonistic with international regulatory standards, which in turn prompts increased resilience. Environmental COBs prime business segment is in leasing and in that, being in vehicles. With vehicles being a primary source of carbon dioxide emissions, Companys responsibility therefore is to reduce these emissions and work toward minimizing the harmful impacts. Green initiatives by customers, business partners communities resulted better management practices via paper recycling, saving of electricity and water and even appreciation of Sir Lands unique wetlands. Technological Given the long term partnership we mooted with Commercial Bank Of Sir Lankan where the Command ATM network can be accessed by CDC customers First N.B. to have a fully operational Core Banking Solution networking entire operations Social Pressure from the socio-cultural variables prevalent in a multi-dimensional country like Sir Lankan, CDC has to focused on social variables . One such is the diversification into Islamic Finance which functions according to Shari ah law, based on parameters prescribed by internationally accepted Shari ah scholars. 2. Product Category Review Total leasing category in the country is growing at a steady rate and two major sectors Licensed Banking N.B.. As a total the whole industry has grown significantly over the past years. The following graph show the growth in industry, When you consider the total credit and loan facilities leasing plays a significant portion of that as a whole ( Including Banks Nabs ) 2. 1 CDC Leasing COBs prime business segment is in leasing and in majority is comprised with the vehicle leasing. Throughout the 1 7 years journey of the company their main product officer is being Leasing. Product portfolio of COB The above graph show the significance in the leasing products for the company which the revenue contribution is more than 50%. 2. Distribution profile CDC Distribution Chain Nell mainly comprises of four components a. Branches b. Area development offices c. Dealer Network d. Service Center above channels are catering to customers and their requirement and we have seen a rapid growth in distribution channels in last few years 2. Pricing overview , Offering Packaging Segmental Pricing Approach is being deployed through the product line. Even though the main product being CDC leasing there are sub products and rand for different segments have offered. Following table shows the offering portfolio. Product Category Key Brands Offering Leasing CDC Leasing This is the main brand of CDC when it comes to Leasing COB Batty Lease COB Mini Truck Lease These two brands to focus on providing lending to small truck segment Small Car Lease Brand which facilitate small cars below 1 000 C engine capacity CDC -AWE Lease This brand is focusing on attracting three wheeler 3. Competitive Analysis The leasing products were dominated by the Nabs in early year and then Commercial Banks started leasing as a product offer in their portfolio with increase of demand for motor vehicle leasing sector in the country. Imports of the vehicles have grown significantly year by year in each segments personal, Transportation, Trade land vehicles, motor Cycles T-Wheelers. Bank have a competitive advantage over the leasing rates since they can offer l ow rates compared to Neffs . The reason behind this is cost of funds for the banks are low where as Nabs cost of funds high since its mainly depending on the fixed deposits. 3. 1 Major Competitors in Leasing Sector in Sir Lankan Commercial Banks Non Banking financial Institutions Commercial Bank Pl Bank Of Ceylon Peoples Bank Wheaton National Bank Sympathy Bank Sealant bank Peoples Leasing Financial Services ( PL ) nana Iris Leasing Company Limited ( LOC) LB finance COB Commercial Credit Leasing Within the Nabs , CDC share a 4% of market share in leasing category where there is a huge potential for expansion and intrude in to competitor markets. . 1. 1 Competitor Pricing Overall pricing range of N.B. remains same and but different types of strategies used to attract customers a. Extended Durations Initially almost all institutions offered a duration of 4-5 years leasing term has increased up to 7 years to reduce the monthly installment payment. B. Structured Leasing Leasing is structured by SSH fitting the bulk paying amount to different stages Of the payment structure. E. G. Initial payment of 1 Million to be pay after end of the second year .

Word Choice Coarse vs. Course

Word Choice Coarse vs. Course Word Choice: Coarse vs. Course The words â€Å"coarse† and â€Å"course† sound exactly the same. They’re also similar written down. And as such, we understand why people get these terms confused. But these words also have very different meanings. So to make sure you use them correctly, check out our guide to what they mean. Coarse (Rough or Harsh) The word â€Å"coarse† is an adjective that means â€Å"rough† or â€Å"harsh.† We therefore use it to describe the texture or feeling of something: The coarse fabric rubbed against his skin. We also say that something is â€Å"coarse† when it is made of large, loose particles. If we say that soil is â€Å"coarse,† for instance, we mean that it is loosely packed and made up of larger clumps. We also say that language or behavior is â€Å"coarse† when it is rude or impolite: Her coarse language caused uproar at the funeral. This is a bit old-fashioned, but you will still see it used like this sometimes. Course as a Noun The word â€Å"course† is usually a noun (i.e., a word that names or stands for something). This term can actually have a few different meanings, including: A process of development (e.g., The course of history†¦) A route or path of movement (e.g., The blimp changed course†¦) An ongoing medical treatment (e.g., A course of painkillers†¦) A set of classes (e.g., A college course†¦) Part of a meal (e.g., A three-course meal†¦) An area over which something extends (e.g., Water course†¦) And while these definitions are quite varied, â€Å"course† is a noun in each case. Course as a Verb â€Å"Course† can also be a verb (i.e., an action word). In this case, it usually means â€Å"flow quickly.† For example, we may say a river â€Å"courses† through a valley. A river coursing. It can also be used to mean â€Å"chase,† particularly to hunt something with dogs. These uses are rare compared to the noun definitions above, but they are still worth remembering. Coarse or Course? The trick here is to focus on â€Å"coarse,† which has one main meaning (i.e., â€Å"rough† or â€Å"harsh†). Importantly, this means â€Å"coarse† is always an adjective. As such, if you need a word that modifies a noun, it will always be â€Å"coarse.† â€Å"Course,† meanwhile, can be either a noun or a verb. So if you need a word for a thing or an action, it will be â€Å"course.† Remember: Coarse is an adjective meaning â€Å"harsh† or â€Å"rough.† As a noun, course can be many things, including a process, a route, an ongoing medical treatment, a set of classes, or part of a meal. As a verb, course means to flow quickly. And if you’d like anyone to check the word usage in your writing, let us know.

Finance and accounting Essay Example | Topics and Well Written Essays - 2500 words

Finance and accounting - Essay Example These will be the history, revenues and the major operations of the particular business. One of the globe’s biggest confectionery business is called Cadbury and besides its being one of the world’s largest it occupies the first or the second position in about 20 of the global 50 largest confectionery markets. It also holds position one as the most vastly spread as well as largest upcoming markets business as far as confectionery companies are concerned. It is home to approximately 45,000 employees as well as having direct business operations in around 60 nations. Cadbury Company was founded in 1824, courtesy of John Cadbury. He began by selling cocoa and tea in the United Kingdom. The operations of the company revolve around gum, chocolate and candy today. Some of the brands going across the globe, local and regional areas as favourites are with the inclusion of Flake, Dairy milk, Green & Black in chocolate, Crease Egg, Dentyne and Trident among others. As per 2009’s half annual results, the revenue of the business base improved by 4%. The 4% growth was as a result of a sturdy growth in the sales of chocolate while the trends showed improving candy and gum business. These half year results of revenue from confectionery business were shared as follows: On the other hand, there is the Standard Chartered Bank which was established in the year 1869 following a merger of Standard Bank and Chartered Bank. Thus, Standard Bank was founded in 1863 in British South Africa while the Chartered in 1853 in India, China and Australia. The aim of the two companies was to maximise upon expanding largely on trade and to gain worthwhile profits through financing the goods movement across Asia, Africa and Europe. This bank has a branch network translating to about 1,600 branches as well as outlets and around 5,500 Automated Teller Machines in well above 70

Ip1 personnel and organization policy Research Paper

Ip1 personnel and organization policy - Research Paper Example However, the tests are based according to the position up for recruitment and the type of responsibilities involved by taking up the position. However, Huffcut (2010) argues that interviews are compulsory inclusions of the tests since the give the candidate and the recruiter an opportunity to have a more indulging conversation and it makes recruitment easier and effective. In an existing organization, HR mangers are tasked with the responsibility of evaluating whether a position would be effectively filled with an external or internal candidate. An external candidate has an added advantage since they would bring new working experience in an organization. However, an external selection raises the question of the ability of the personnel to adapt to the new organizational culture (Muchinsky, 2012). An internal selection is appropriate since an organization would be able to retain an inbuilt experience and one that understands the existing organizational culture. This would however limit the rate of exposure an organization benefits from in terms of experience and new working criteria (Huffcut,