Report Essay Example | Topics and Well Written Essays - 1500 words

Report - Essay Example This project discusses the bank’s reasons for establishing itself in the Peruvian economy and the appropriateness of its strategies to do the same. HSBC started operating in Peru as a Greenfield project. The reason to choose Peru for starting the project was that it would be free of any constraints arising from prior activities. It had not operated in this place before. There were also very few other financial service providers. Thus there would be fewer possibilities of restrictions and constraints. The organisation has also undertaken a number of successful Greenfield infrastructure projects since 1997, making investments of more than $15 billion (HSBC-g, 2010, p.2). The strategy was implemented beginning with the opening of Commercial and Global Banking services. In the next year it was followed by opening of the â€Å"Personal Financial Services† (HSBC-b, 2009). The market entry strategy began with the opening of the retail branch network in Peru. The most common st rategies confronting the organisation would be establishing start-ups or joint ventures. However the strategy chosen by HSBC was establishing a start-up retail branch in Peru. This is because the region has very few financial service providers. This method is also preferred because it would allow the organisation to keep control over its foreign venture. On the contrary the company’s major step undertaken in China was in the form of joint ventures. This is because it has operated in the Chinese economy for a long time. This strategy is not recommended for HSBC in Peru because it has minimum expertise with local knowledge which would allow it create maximum benefits for its customers (HSBC-f, 2010). Its strategy is to contribute to the economy and bring tangible benefits in the market in which it operates. The revenue generated would be used to pay dividends to shareholders, make payments to the global suppliers (INCR, 2008, p.5). The following table gives the pre-tax profit g ained by HSBC in 2008 and other geographical regions. Figure 1: Pre-tax profit by HSBC in Latin America and in other geographical region (Source: INCR, 2008, p.5) An important strategic step taken by HSBC in alignment with its objective was to increase the number of customer accounts in Latin America. This was primarily meant to maintain high liquidity levels in the organisation. The amount of loans and advances made to the customers has been presented in the following diagram (HSBC-e, 2010, p.13). Peru has also represented as one of the most liberalized regions for attracting foreign investments. This was the reason for HSBC to establish banking operations in the region. In Peru the MNCs are also protected against discrimination and are provided easy access to every sector in the economy. Moreover, MNCs are also free to remit profits and capital. The banking sector is also regulated and supervised by â€Å"Banking and Insurance Superintendency operating in the retail sector under the category of universal banking† (Yi, n.d., p.8). This provided insurance for opening new establishments in a foreign nation as a step towards global expansion. HSBC decided to establish a retail branch network as an attempt to further expand its franchisees in Latin America. It has also received approval for the same. It has been authorised by â€Å"the superintendent of banking and insurance in Peru† to establish 10 retail branches in Lima. The first step towards

Difficult problem in your life Essay Example | Topics and Well Written Essays - 500 words

Difficult problem in your life - Essay Example Upon my return, when I started the automobile, I realized that the horrid sound had not gone away, but since I arrived to my destiny with this horrid sound, I thought I could return without any problems. I was truly wrong. The engine was gone due to lack of oil. Not only did I not have an automobile, but I lost my means of transportation to and from school, while also seeking employment. Health issues have also arisen. I have high blood pressure and I am expected to visit the hospital every week for laboratory testing. So here I am, without an automobile for transportation, having health problems, and lacking money. Since that was the scenario, I had to do something very quickly. I appealed to my brother’s kind heart and asked him for economical assistance. He is not better off than I am but knowing about my situation, knowing that I have never asked him for money in the past, and he is in a position to also work on the automobile with a friend of his, he agreed to help me out. This has been a successful solution, in that, my brother partook in helping me out, even taking me to his friend who is a mechanic and he is able to work on the car himself, and obtaining lower costing parts (an engine, to start with). That has been my problem and

Hamlet Essay Example | Topics and Well Written Essays - 750 words - 5

Hamlet - Essay Example Thesis statement: In the play Hamlet, the protagonist’s initial relationship and attitude (suspiciousness) toward death undergoes transformation and tends him to realize that revenge can solve his problems and death is usual and natural process because his realization of the inevitability of this phenomenon forces him to face alienation within his private (family) and public (society) circles. Death and Hamlet: relationship and attitude Suspiciousness: In the play, the protagonist’s (say, prince Hamlet) initial relationship with his approach towards death is based on his doubt on the ghost’s words. To be specific, he did not suspect that his uncle (say, King Claudius) is his father’s murderer. In the play, the protagonist suspiciously points out to his friend on the ghost’s existence that, â€Å"Tis very strange† (I.iii.31). Besides, the protagonist does not suspect his mother because there is no solid evidence to prove her role in the conspi racy. When the ghost instilled the protagonist’s mind with suspicion, he began to consider that death is the antagonist in his life. One can see that the unexpected murder forced the prince to change his attitude. Now, he cannot imagine himself as the next ruler of his nation because his uncle is the king. Besides, he cannot act according to the words uttered by the ghost because no one will believe his words. On the other side, the protagonist realizes that he cannot trust anybody within his public domain. All these facts force the protagonist to consider that death is trying to ruin his life. For instance, he is helpless to prove the authenticity of the apparition forcing him to act against the king. The only thing that he knows is death is trying to trap him within his private circle, and he must try to break this chain. Revenge: Somehow, the protagonist manages to keep himself away from the influence of suspicious attitude because revelation of truth transforms his opinio n on death. Now, his aim is to defeat him enemies by taking apt measures. Now, he realizes that death is the real villain because the same created much more trouble in his life. Still, he does not try to attack the murderer because he does not have any solid proof to prove his theory. One can see that the protagonist is calculative because he tries to collect evidences against his uncle. This proves that the protagonist is not afraid of death. Instead, he considers himself as the agent of death. He knows that his duty is to challenge the king and to punish him with death. In the play, the protagonist states that, â€Å"There’s ne’er a villain dwelling in all Denmark† (I.v.9). On the other side, the king knows that the protagonist suspects him as the mastermind behind the murder. Still, he knows that the protagonist is helpless and he cannot act against him because he is the ultimate authority within his kingdom. So, the protagonist chooses the best possible way to deal with this problem, hiding his motive behind the fake identity of a lunatic. One can see that the urge to destroy the foes tends the protagonist to choose a strange identity. Now, he cannot go back to his real identity because his aim is to save his nation from the conspirators. To be specific, the protagonist realizes that he cannot support the murderer and lead a normal life. Realization: But planning does not help the protagonist to save his lover from the clutches of death. To be specific, the protagonist was totally immersed in revenge and he tries to avoid his lover (Ophelia). He knows that his relationship cannot help him to attain his aim. But his lover does not suspect that the protagonist is pretending as a lunatic person to fool his enemies. She considers that he lover is mad and others will not allow her to have marital relationship with him.

Social Networking Essay Essay Example for Free

Social Networking Essay Essay How has social networking affected people today? Social sites now affect people’s thoughts almost constantly and causes people to think very lowly of themselves. New advances in technology have affected the lives of many in these negative ways. In the article How many facebook friends do you need? by Robin Marantz Henig and words from Samantha Henig there are many examples of these points. Social networking has affected those on these sites minds greatly. These sites such as twitter and facebook have almost taken over many people today’s minds. In the article Samantha Henig states that after she says something funny her mind immediately goes to the idea of tweeting it. Samantha is only one person out of many so captivated by the immediate urge to share thoughts and events with the rest of the world and put it out somewhere where everyone can see. These social sites have created a more abundant want for others to know what is going on in an individual’s life rather than their want for simply enjoying what they have themselves. In addition to these thoughts and need to share events and thoughts constantly social networking also affects people’s minds in that it has people constantly worried about what others are doing. Through these sites participators are able to know what others are doing throughout the day without even directly contacting them. By knowing this information it allows people to compare others lives to theirs without even realizing it, and find themselves checking their phones for these sites more and more often throughout the day. Social networking gives people the fear that they are missing out on something else instead of being happy with what they are doing themselves. This is one issue that social networking and all of its participants has produced. Furthermore this social networking has changed peoples’ views on themselves  in a negative way. These sites have created an image for many individuals that only views them in the most flattering way. This causes others to begin to have the thought that they do not meet the standards of others and constantly fight with themselves with the ideas of their own image. Although these flattering photos of others are usually real they exclude the photos which might not be as flattering cause false information to be believed and not expressing people as they truly are. Besides this physical image there is also the emotional aspect this social networking spreads. These sites spread people’s information on where they are and with who making some feel out of the loop or left out. This causes many to feel not included and increase the worry in their own social status that is already present. In the people who see these posts their minds begin to wonder and try harder to become more popular in their own minds and more importantly others struggling to fight for the most followers, likes or friends. Social sites affect people’s thoughts at almost every second and causes people to negatively change their opinions on themselves. This issue of new social networking affected people in their thoughts and feelings.

Social Anxiety Disorder :: essays research papers

Social anxiety disorder is also known as social phobia. It is defined as the fear of social situations that involve interaction with other people. It is the fear and anxiety of being judged and evaluated negatively by other people or behaving in a way that might cause embarrassment or ridicule. This leads to feelings of inadequacy, self-consciousness, and depression. The person with social anxiety disorder may believe that all eyes are on him at all times. Social anxiety disorder is the third largest mental health case issue in the world, and it can effect 7% of the population (15 million Americans) at any given time. There are many different perceptions about people with social anxiety. People who do have it are often seen by others as just being shy, aloof, constrained, unfriendly, uneasy, quiet, indifferent, or diffident. The people who are afflicted with social anxiety may be clouded by these perceptions as well, so they may fail to seek treatment. Because the problem is generally unheard of, they may think that they are the only ones who suffer from it. People who do seek treatment are misdiagnosed 90% of the time, often labeled as "personality disorder", "manic depressive", or "schizophrenic", among other things. This is because social anxiety is not well understood by the general public, or medical or health care professionals. They are not even sure of the real cause of it or what it stems from. Those with the disorder usually know that their anxiety, thoughts, and fears are irrational and unfounded. They realize that it is angst and terror that they are experiencing. They know that people around them are not really critically judging them or evaluating them constantly. They understand that everyone is not out to degrade or embarrass them. But despite this logical knowledge and sense, they still continue to feel and believe differently, thus, thoughts and symptoms of anxiety usually persist with no indication of going away. People with social anxiety may usually experience extreme distress in some of these situations: when they are being introduced to other people, being teased or criticized, being the center of attention, meeting important people or authoritative people, being watched while doing something, having to announce something in a public situation, embarrassing easily, or making eye contact. Social anxiety may be selective, though. A person may have an extreme fear of one occasion, such as public speaking, but be perfectly comfortable in any other situation.

True Lies in Brice’s Ways with Words Essay example -- Ways with Words

True Lies in Brice’s Ways with Words  Ã‚  Ã‚   In Ways with Words by Shirley Brice Heath we read about the author’s ethnographic study in the South during desegregation. The purpose of Heath’s study is to examine the ways people from different communities in the textile region raise their children. The way the children are raised according to Heath, affects the language development and the way these children learn to read and write in the school setting. In my paper I want to examine the way the church relates to the cultural differences in Roadville and Trackton. Cultural differences have ultimately created two separate learning styles. Reading Heath’s study creates curiosity as to how one book, the Bible, can be translated by two cultures in such differing ways that, â€Å"In short, for Roadville, Trackton’s stories would be lies; for Trackton, Roadville stories would not even count as stories† (Heath, 189). Heath says, â€Å"For both Roadville and Trackton, the church is a key institution helping to provide occasion and rationale for their approaches to being parents and to enabling their young to use language† (147). Both groups engage in regular religious activity, the Trackton people meeting every other week for group services, and the Roadville groups meeting at church on Sundays. Both groups meet in mixed age group settings, as well. And both groups believe the Bible is the Word of God. Yet differences exist. Trackton groups do not necessarily meet in a building. â€Å"Preachers, men of music, and the best playsong performers claim they cannot stick to written text. Seemingly thoughts which were once shaped into words on paper become recomposed in each time and space.† (233) Trackton preachers and song leaders feel stifled by the wr... ...ducation makes them unskilled at helping their children do well in school. Heath studied their struggles and identified significant ways to teach these children. As the study closes, we realize that to improve the education of the Roadville and Trackton communities, we would need to change the home environment, the religious traditions, and the culture of the communities to match that of the townspeople. To change the school to meet the needs of the students would not create a long lasting improvement. I for one find difficulty in judging one community as being better than another since each has its own value. Homogeneity seems to be an evil, but one that education in America both supports and at times seems to demand. Perhaps someday we will find a solution. Work Cited: Heath, Shirley Brice. Ways with Words. Cambridge, UK: Cambridge University Press, 1983.

Analysis of The Technology Voice Over IP

Though communication have been existing for a long time, changes in method have been taking place all the time, so that costs are reduced and one of the latest methods is to communicate through IP or Voice over IP – VoIP. The technology of sending voice is already over a hundred years old, but earlier there had been less important developments in technology over the earlier systems of PBX and key system technologies which had been developed for many years. The new technology that has now been developed is of sending voice over IP which is replacing the earlier TDM products and now with the development of technology the changes in technology of voice can have an important role to play in organizations. The change is more important than just converting the earlier used system of time division multiplexing or TDM to Internet Protocol or IP. This is the first step of companies to solve difficulties regarding costs and achieving business goals of the organization. Apart from voice the architecture that is used with IP communications include â€Å"video, messaging, contact centers and business process enablement†. (Voice over IP is the first step to an enabled, converged environment) What is being stated is very simple and that is voice will not be sent as a separate type of communication, but will be sent in the form of an Internet Protocol based communication. This is being transmitted for quite some time now and dependable channels have already been developed. The costs of this method are also viewed to be quite low, and that will naturally reduce costs of transmitting voice. At this stage it is important to understand what Internet is. This is a method of communication which can be carried over many media like cable, radio, wireless, etc. The difference that it has with other media is that this causes a series of fluctuations for the message to be carried, somewhat like a pulsating signal. At the same time, the pulses provide a certain code for passing on messages and this is like digital communication which transfers information regarding scripts and also on the computers. This had originally started of with 8 bits which now form a byte and even the storage capacity of computer items like hard disks are stated in billions of bytes. (IP Communications: A Wealth of Innovations Begins to Deliver New Value to Business) Apparently the numbers required are high as even this article will contain some 30 thousand bytes, but the method of transmission is simple as the information just consists of yes or no and the method used is of binary logic. The logic of Internet protocol is over 32 pieces and this has now spread over all networks – wired or wireless, public Internet or service provider networks and corporate LANs. For communication to be enabled, what was required was the enabling to IP of all communications and computing equipment. (IP Communications: A Wealth of Innovations Begins to Deliver New Value to Business) The advantage of using these methods is it permits an organization to reach the next level of communication services and not confine itself to have special systems designed for its own use. This will naturally save it sizeable amounts of capital expenditure as also the regular costs of maintenance and operations. According to a recent Forrester study, IP videoconferencing and unified messaging are becoming very popular in North American and European enterprises, though the majority of enterprises in this are not purchasing these applications during the current year. In the course of the study, it was found that 29% among North American and 17% among the European enterprises which have at least a 1,000 employees are already using or presently upgrading IP videoconferencing. The full methods of unified messaging is being fully used or being upgraded in only 15% of North American enterprises and in 14% of European enterprises. (Unified Messaging and IP Videoconferencing: Adoption Slower Than Expected) This shows clearly that there is a rapid change going on in this area. Considering that both applications are now reasonable mature, it was surprising to find that full-scale deployments are still found in less than 30% of companies that were surveyed. At the same time, there is a reasonable potential for growth of both unified messaging and IP videoconferencing, since the enterprises will now upgrade to Session Initiation Protocol based platforms. Most enterprises that were surveyed plan to use these applications in-house, yet, several companies, mainly in Europe, stated that they would consider unified messaging applications and IP videoconferencing to be provided as a managed service. After the standalone applications become integrated, the market for these applications is expected to grow at a faster rate. (Unified Messaging and IP Videoconferencing: Adoption Slower Than Expected) 3. What industry can do to insure that service? Before we talk about the insurance of service for IP based phones let us look at the benefits as if there are no benefits, there are no advantages in switching to the new technology. There can be substantial savings and those can vary from $9,600 per site to $28,000 per site over a full year for large organizations and from $4,800 to $9,600 for medium sized organizations and these results are taken from a study that was carried out last year. The second advantage is that it enables organizations to increase their total telephone systems along with the growth of the organization. Even the growth when it takes place can be flexible and without gaps or stoppages. There are programs like Microsoft Outlook which enables the user to know immediately who is calling along with the ring of the telephone. Even for the management there is a benefit and they do not have to depend on the supplier of the system for any changes that they want to make (Is Your Network Ready for IP Telephony?) In terms of insurance, the service is now available from a number of manufacturers and thus in the case of dissatisfaction, one can always change suppliers and that is probably the best sort of insurance that one can get. 4. How can IP makes the vision of any device to any device over any network possible? Before VoIP started all organizations had two separate infrastructures and one was used for transmitting voice and the other was for transmitting data. When VoIP is used, there is only one integrated infrastructure. At the outset, it will seem that without the PSTN infrastructure the cost infrastructures can be justified easily for the system. At the same time, this cannot be removed totally since it has to handle the call overflows and any calls which are not targeted for the remote site. There are models available which will enable the calculation and justification for these network integration projects. (VoIP: How to plan for the bandwidth and calculate cost savings) This has made it clear that many new devices will be made to work over the Internet for human benefit. To conclude, it could be said that at certain levels of technology, it is difficult to understand the technical points and one should look at the entire question from a requirement point of view.