Industrial Structure of Banking Essay Example | Topics and Well Written Essays - 1750 words

Industrial Structure of Banking - Essay Example Fourth, the relationships between the banks and the financial markets have also proven important determinants of the financial stability of the economy. Financial markets refer to the entity where stocks and other securities are traded(Anon., 2010). Banks are custodians of the investors’ funds. The financial markets generate prices whenever securities are bought and/or sold. When these banks want to make loans to the investors, they value these financial assets whereby the valuation and pricing of these financial assets are the main determinants of the financial stability of the economy. When prices are high, the banks are willing to lend more in the economy and this leads to the financial crisis in the economy since there is more money chasing few assets in the economy. On the other hand, when the prices are determined to be low in the financial markets, there will be a little amount borrowed hence high financial stability in the economy. Therefore, this links the relationshi p between the banks and the behavior of securities in the financial markets and how the relationship affects the financial stability. The other market structure is a cross-border listing, which refers to the process where banks stocks are listed in the securities market of other countries where it was not incorporated. These banks which are listed in other countries enhance the capital inflow to the economy. Too much inflow of these funds into the economy can lead to financial instability if not well monitored.

(Institutional Affiliation) FORMAL REPORT COMPARING THE USE OF THE Essay

(Institutional Affiliation) FORMAL REPORT COMPARING THE USE OF THE IDEF METHODOLOGY TO UML - Essay Example 1). On the other hand, UML is a modeling language that is most suited to the generation of computer-executable platforms/frameworks that encode important elements of software engineering projects. This paper will seek to compare the use of IDEF to UML by focusing on their applications, nature, and techniques employed in their development. This comparison will be done on the basis of credible and reliable literatures, written and published by authorities on modeling languages and techniques. Key Words IDEF; UML; graphical modeling methods; enterprise engineering projects; modeling language The Approach/Rationale of both Methodologies a) IDEF According to Bernus, Mertins, & Schmidt (1998, pg. 17), the rationale for IDEF is to support modeling activities that are fundamental to system analysis, design, improvement or integration. b) UML The approach/rationale for UML is to act as the dominant, publicly accepted, and uniform objected oriented visual modeling language, and as a foundation object description language for the offshoot unified enterprise modeling language (UEML) that has been put forward by IFAC/IFIP (Bernus, Mertins, & Schmidt 1998, pg. 17). The Stages of the Systems Development Life Cycle that each Addresses IDEF methodology addresses documentation, design, integration, analysis, understanding, planning, and improvement (Fowler & Scott 2000, pg. 46). Based on the Waterfall model of the system development life cycle (SDLC), these functions fit into four stages of the SDLC: preliminary analysis, system analysis and requirements definition, systems design, integration and testing, and maintenance. On the other hand UML methodology is limited to the systems design phase. During the systems analysis phase, object-oriented analysis (OOA) is performed; its output is a conceptual model that is comprised of one (sometimes more) UML class diagram, a user-interface mock-up, a group of use cases, and a couple of interaction diagrams. This conceptual model is sub sequently used as an input in objected-oriented design during the systems design phase (Lankhorst 2005, pg. 63). The Techniques used for modeling the Processes/Functions of the System (including the similarities and differences between the techniques and their strengths and weaknesses) a) IDEF Techniques IDEF is based on three modeling constructs/viewpoints/techniques which define its approach/rationale. These are: i) IDEF0 Function Modeling Method This method was created so as to represent processes or activities (consisting of partially sequenced groups of activities) that are usually executed in a systematic and uniform manner. IDEF0 defines a function as a group of activities that takes specific inputs and, using some mechanism, and based on certain controls, converts the inputs into outputs (Noran 2008, pg. 41). These ICOMs (inputs, controls, outputs and mechanisms) can be employed in the modeling of relationships between a wide range of activities (Kim 2003, pg. 3). IDEF0 mode ling generally begins by defining a context diagram (Kim 2003, pg. 3). This is representative of the system’s overall purpose and its interactions with external environments (Kim 2003, pg. 3). Usually, IDEF0 models consist of a hierarchy of connected diagrams that are decomposed systematically hence encoding semantic data at lower modeling levels. The systematical breakdown brings not only detailed but also wide-scope representations of system or environmental activities (Bernus, Mertins, & Schmidt 1998, pg. 29). ii) IDEF1x Data Modeling Method This method was created to define data models that symbolize both the semantics and structure of data that is found in a target system

ENGINEERING PRODUCTS LTD (CASE STUDY) Essay Example | Topics and Well Written Essays - 1500 words

ENGINEERING PRODUCTS LTD (CASE STUDY) - Essay Example uman Resources (HR) department acquires an importance in the success or failure of the company’s international operations (Quintanilla and Ferner, 2003). The HR department adopts numerous ways in which they could attempt homogenization of the various practices that are being adopted in the Headquarter of the company so that the uniformity in the products with respect to the quality can be achieved, as it is the order of the day that the customers insist on the consistency in the product design and quality. Such consistency can be achieved only by integrating the practices throughout the organization. While the HR Management takes the efforts for integration, they are usually confronted with various issues of power and control which are outlined in this paper while analyzing the case of Engineering Products Limited. The paper also discusses the implications on the managers and non-managers of the organization as a result of such integration efforts. Engineering Products Limited with more than 33,000 workers undertook a restructuring and expansion plan out of which the company expanded globally with more than half of the employees work in their overseas locations. Having three distinct business areas in automotive components, defence and industrial services, the company’s automotive components division being the largest have its employees scattered in the European countries Germany, France and Spain. A smaller percentage of them are placed in UK as well as North America. With the major customers of the company insisting on the same specification of the components produced in all the company’s location, the HR Department of the company is in an attempt to transfer the ‘best practices’ of the company to all its locations. For that purpose they adopt the following methods: One of the key areas of attention of the Management at the Head Quarter of the company is to adopt various management structures that can possibly help the exchange of information among

Final exam Essay Example | Topics and Well Written Essays - 750 words - 4

Final exam - Essay Example Market economy is that genre of the economy in which choices are taken on the base of  market demand and supply. Manufacturers are liberated to manufacture. They  will manufacture the goods which are high in order and will offer maximum profit plus customers are liberated to use those goods and or services which provides them maximum pleasure. Market economy is well known as liberated economy, that is, without the intercession of the regime. In this type of economy, consumers make a decision of the responds to the three queries (Punzo et al., 2005).   They perform this by their choices of what to purchase.   No one advises companies what to manufacture they make anything they think will put up for sale.   If they decide wrong, they go out of selling.   Most industrial economies nowadays are mainly market economies.   The US, Germany and Japan are entirely market economies. In market economies, financial decisions are prepared by individual persons. The free interaction of individuals plus companies in the market determines how resources are owed and goods are disseminated. Persons choose how to spend their individual resources, what guidance to pursue, what occupations to take, what goods and or services to manufacture. ... For the traditional economy, the three queries get responded to by referring to custom. What is made is what has at all times been made, in the method it has at all times been made, etc.   There are no actually any countries whose entire economies are customary.   The most adjoining one can get to this is Afghanistan or Bhutan (Haddad, 2002). These are places where there is small connection to the worldwide economy. The labor that people perform, the goods plus services they offer, how they use and trade resources, all are apt to pursue long-established outlines. The economic systems are not very vibrant, because things do not revolutionize very much. Living standards are static; persons do not enjoy much economic or professional mobility. Nevertheless, economic behaviors plus relationships are conventional. In several traditional economies, society interests take priority over the persons. Individuals may be anticipated to unite their efforts and divide equally in the profits of their work. In further traditional economies, a number of them sort of personal property is esteemed, but it is reserved by a tough set of compulsions that individuals are obliged to their community (Haddad, 2002). In the command economic system, also referred to as planned economy, the regime controls the financial system. The nation decides how to make use of and dispense resources. The regime regulates prices and salaries; it may also determine what kinds of work persons do. Socialism is a kind of this kind of economic genre. Historically, the regime has unspecified varying levels of power over the financial system in collective countries. In a few, only chief industries have been issued to regime management; in others, the regime has exercised far more widespread control over

Has building a fence along the US Mexico border help fight illegal Term Paper

Has building a fence along the US Mexico border help fight illegal immigration - Term Paper Example Since centuries, immigration has remained one of the most important issues legally, as well as politically due to the division of globe into developed and developing countries that inclines huge waves of people to emigrate from one place to another for their brighter future. However, in this process, it has been an observation that besides emigrating legally, documented evidence has indicated numerous occasions when huge number of people has crossed borders illegally due to various reasons, which has resulted in the notion of illegal immigration. In particular, every country confronts the issue of illegal immigration; however, statistics have indicated that USA-Mexico border is the platform that witnesses highest number of illegal crossings of the border in comparison to other parts of the globe, which results in various adverse outcomes. For instance, experts have indicated that illegal immigration causes many unfavorable effects on USA, and although many individuals and families cr oss US-Mexico border with no intention of carrying out criminal activities and purely for their brighter future, still, their illegal crossing causes impact on economy and social order of the USA . Since many years, USA has been putting efforts to reduce and eliminate activities of the illegal immigration on the US-Mexico border, and that has been putting a huge burden on the US government’s spending, still, thousands of people cross this border annually.In the result, US Congress and immigration experts came up with the idea of building a high-tech fence along the US-Mexico border, which has already resulted in huge debate and the idea has received mixed responses. The basic plan is to build â€Å"a 2,000-mile fence along the US-Mexico border and this has been the proposal of Duncan Hunter, the Chairman of the House Armed Services Committee†3. In order to understand whether this fence will be helpful in fighting illegal immigration, it is very imperative to understand what it will look like. In this regard, reports have indicated that it will be a combination of â€Å"barbed wire, powerful wire fences, high-technological sensors, and a path for border patrol veh icles, CCTV cameras, and movement detectors†4. As of the year 2010, the US government was successful in building approximately 640 miles of this 2,000-miles fence, and the construction is still in process. Building of such a high-tech complicated wall/fence seems very effective in curbing illegal immigration; however, this is not as simple as it looks, and various factors play a crucial role that will allow us to understand the different effects of US-Mexico border fence. In brief, analysis has shown that construction of this fence has resulted in significant reduction in the rate of illegal immigrants. For instance, San Diego was first location for construction of pilot project of this fence, and it was a 14-mile fence in the California district5. Reports indicate that the project showed successful results as the number of illegal immigrants dropped from â€Å"202,000 in the year 1992 to only nine thousand in the year 2004†6 that indicates the effective outcomes of thi s fence. On the other hand, experts have indicated that although location of the fences has reduced the activities of illegal immigration; however, locations at the end of fence has become a platform for individuals and cartels to carry out the activities of illegal immigration in more organized manner that has been a new problem due to this fence. Furthermore, in order to respond to this construction of fence, there seem two major arguments. Firstly, it has been an understanding that although the fences have been successful in restricting the illegal immigrants; however, the construction of fence has caused uneasiness and apprehension on both sides of

Literature Review Assignment Example | Topics and Well Written Essays - 2750 words

Literature Review - Assignment Example Additionally, the human resource department of any organisation plays a critical role and function in ensuring that the output and productivity of that firm or organisation is on course. HCT as an organisation or a school also has an obligation and duty to ensure that it hires the best talent and skills in the industry to help in achieving the intended outcome. This research also looks into the issues and aspects of how best the HCT as an organisation or school could use the human resource management to continue to give excellence and service delivery not only to the students but the society as a whole. At the end, the students and the whole society of UAE would benefit by receiving the solutions that the HCT as an organisation would give. In principle, it is important and critical to note and mention that the study also aims at devising the ways and modes or approaches of developing a proper working relationship between the students, professors and the whole staff of HCT in the United Arabs Emirates (Sester, Giehl, McNerney, Kampmann, Walzl, Cuchà ­ & Meyerhans, 2010). Tentatively, it goes without saying or mentioning that the end goal and objective of HCT as an organisation would be to attract more students by producing excellence and good performance. This is to mention that continued academic achievements and excellence would be balan ced and coupled with continued growth in the student population by the students in the United Arab Emirates. From the outset, the tone and inclination of this source articulates the changing global patterns and trends by the world as a whole. This is to say that the article appreciates that the world or the global actors in the realm and aspects of business have embraced and continue to pursue new approaches in the area of human resource management. In the past, the societies pursued traditional measures where the human resource management. It also focuses mainly in the

Research Design DB Essay Example | Topics and Well Written Essays - 500 words

Research Design DB - Essay Example The said actions resulted to a vicious cycle of manipulating records to be able to present a continuous growth of the company (Fusaro, Miller, & James, 2002). Basically, the misrepresentation of the company records can be considered as an escalating problem that is a continuous threat to the company’s survival. The fraud has been kept for long due to the fact there is an existence of accounts in other countries that were able to hide the real losses of the company. In the absence of such accounts, the manipulation of the records cannot be possible. On the other hand though, although the said actions are carefully undertaken, the unconventional presentation of records continuously raised suspicion until the said company finally collapsed due to the lack of supporting assets (Fusaro, Miller, & James, 2002). The misuse of the data by Enron can be considered to benefit the reputation and the price of the stocks during the particular time. The company had been able to continuously lead the market although loses can be considered substantial. The said loses which are well hidden during that time had been the cause of the fall of the company. Every data that are related to finding out the crimes committed limits the operation of the company (Bazerman, 2006; Fusaro, Miller, & James, 2002). In relation the ethical implications of the Enron case, the fraud and deceit of the different parties that are involved can be considered as the main issue. Basically, any misrepresentation of data specifically in business organizations can be ethically questioned. The fact that the company lacks the real assets that amounts to the values represented in the records can be considered as the main basis of the bound failure of Enron. In addition, the ethical implications of such actions of the financial personnel can be considered of detrimental effects in any business