Internship Report on Banking Business Activities of Mercantile Bank Limited, Satmasjid Road Branch Dhaka.

Temporary job Report On BANKING BUSINESS ACTIVITIES OF MERCANTILE BANK LIMITED, SATMASJID ROAD BRANCH DHAKA. [pic] Submission Date: fifteenth November, 2009 Prepared for: Prof. Md. Ashraf Hossain Dean, School Of Business Asian University of Bangladesh Dhanmondi Complex House 36, Road 27 (Old), 16 (New) Dhanmondi R/A, Dhaka-1209 [pic] Prepared By: JOBYDA JESMIN ID: 200521050 Batch: 24th Section: Finance Program: BBA Dhanmondi Complex Asian University of Bangladesh Letter of Transmittal fifteenth November, 2009 Prof. Md. Ashraf Hossain Dean, School of Business Asian University of Bangladesh Subject: Submission of Internship Report. Sir, It’s my incredible joy to present the Internship report titled â€Å"Banking Business Activities of Mercantile Bank Limited† that you have requested that I get ready as an incomplete satisfaction of my graduation. I have attempted my best during a quarter of a year working period to adhere to the guidance of you in setting up this report. All through the report I attempted to exhibit the accessible administrations matter of this part of Mercantile Bank Limited. At last, I might want to thank you for your important direction and guidance for setting up this report. I in this manner unequivocally trust and accept that you would be sufficiently caring to acknowledge this report and give me a delight to be obliged. Expressing gratitude toward for your time and audits. Earnestly Yours, JOBYDA JESMIN ID: 200521050 Batch: 24th Section: Finance Program: BBA Dhanmondi Complex Asian University of Bangladesh Acknowledgment First of all I might want to offer my profound thanks to the omnipotent Allah for setting up this temporary position report effectively. Entry level position is the piece of the Bachelor of Business Administration (B. B. A. ) program that gives hands on understanding to the understudies. The understudies get opportunity to work intimately with the individuals of the association and find out about the capacities, obligation and the earth of the association. The temporary job program empowers an understudy to build up their expository abilities and educational aptitudes and to have a genuine direction of the scholarly information. I express my profound thankfulness to Mr. Md. Sadruzzaman, Executive Vice President, for his thoughtful consent to permit me for a quarter of a year viable direction in Mercantile Bank. My exceptional appreciation goes to Mr. Shamim Ahmed, Senior Vice-President and Manager of Mercantile Bank Ltd, Satmasjid Road Branch, for his advanced viewpoint and careful oversight to do the activity impeccably. I am extremely appreciative to Mr. Mamun Hossain, Executive Officer, for helping me a great deal. In addition I am a lot of grateful to my temporary job in-control in different divisions and all the officials of Mercantile Bank Ltd of Satmasjid Road Branch for helping me without question in spite of the fact that having their hecticness. Without their assistance and agreeable collaboration it could be a lot of hard for me to finish the report in time. So again I need to offer my thanks to every one of them. Abbreviations |MBL |= |Mercantile Bank Ltd. | |AD |= |Authorize Dealer | |PO |= |Pay Order | |A/C |= |Account | |CDS |= |Central Depository System | |DD |= |Demand Draft |ERC |= |Export Registration Certificate | |FDBC |= |Foreign Documentary Bills For Collection | |OBC |= |Outward Bills for assortment | |IBC |= |Inward Bills for Collection | |GDP |= |Gross Domestic Product | |TT |= |Telegraphy Transfer | |L/C |= |Letter Of Credit | |BR |= |Bankers Report | |IBCA |= |Inter branch credit exhortation | |IBDA |= |Inter Branch Debit Advice | |IMF |= |International Monitory Fund | |IRC |= |Import Registration Certificate | |KYC |= |Know Your Customer | |CCI and E |= |Chief Controller Of Import and Export | |LDBP |= |Local Documentary Bills Purchases | |FC |= |Foreign Currency | |TIN |= |Tax Identification Number | |LCAF |= |Letter of Credit Authorization Form | |BTB |= |Back to Back | |FDBC |= |Foreign Document Bill Collection | |SW IFT |= |Society For Worldwide Inter Bank Financial Telecommunication | |FDBP |= |Foreign Documentary Bill Purchased | Executive Summery This is a temporary position report dependent on the entry level position program occurred in Mercantile Bank Ltd, Satmasjid Road Branch, The principle goal of this report is to examine the Banking Business Activities and execution of Mercantile Bank Ltd. I got just three months to assemble down to earth information from this branch, in spite of the fact that it was too hard to even consider gathering most extreme and legitimate information inside this short scope of time. There is an extraordinary steady job of banking framework in human culture. It assumes an indispensable job for the monetary improvement of a nation. Banks are money related help firms, creating and selling proficient administration of the open's assets just as performing numerous different jobs in the economy. The investigation was to dissect Banking Business Activities of Mercantile Bank Ltd, Satmasjid Road Branch particularly: ? General banking ? Outside Exchange and settlement Credit and Advance division Firstl y, I labored for one month in General Banking. During this period I attempted my best to cover the vast majority of the fundamental stuffs. Clearing area was significant part to concentrate on. There were different segments, for example, Account opening segment, Computer segment, Cash counter area. Second month I worked in the Loan and Advance part. Also, I attempted my best to comprehend what to bargain about, what to think about when drawing closer for any advance proposition. In the last days, I was in Foreign Exchange office. There I was engaged with learning the Import LC, Export LC, the activity of consecutive LC, Lodgment and settlement of LC, IBP and FBP and so forth. Above all I attempted heart and soul to introduce all that I have learnt and thought to be exhaustive to me. Despite the fact that a brief timeframe I got the opportunity to be presented with all the exercises of bank however I attempted my best to give brimming with me in the commonsense direction in bank just as in the report composing. List of chapters Chapter One Introduction Page No. 1. 1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 11 1. 2 Background of the Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦.. 12 1. 3 Rational of the Report†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦. 12 1. 4 Objectives of the Report †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦13 1. 5 Methodology †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 14 1. 6 Scope of the report †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 15 1. 7 Limitations of the Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 Chapter Two Overview of Mercantile Bank Ltd. 2. 1 Banking part in Bangladesh †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦17 2. 2 Historical foundation of MBL †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 18 2. 3 Vision Mission and goals of MBL†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦20 2. 4 Core values†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 21 2. 5 Management part of MBL†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 22 2. 6 Divisional part of MBL†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 23 2. 7 Branch Network†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 24 2. 8 Information about the Satmasjid Road Branch†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 26 2. 9 Financial Performance of MBL†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 27 2. 10 Nature of Business†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦28 2. 1 Financial Products and Services o f MBL†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 29 2. 12 Credit Policy of MBL†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 33 Chapter Three General Banking Activities 3. 1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦

Concepts, characteristics, and models of B2B and sales from catalogs

Unique Firms have perceived the capacity of B2B internet business to go about as a center by interfacing organizations in an electronic commercial center. This has prompted an augmentation in the quantity of firms doing their business tasks in electronic manner. The web based business has changed business exercises that were recently compelled by areas, expenses, and time. Business experts accept that the online business will in the long run change gracefully and esteem chains with compelling arrangements that can improve effectiveness in explicit business processes.Advertising We will compose a custom research paper test on Concepts, attributes, and models of B2B and deals from indexes explicitly for you for just $16.05 $11/page Learn More Introduction Business-to-business (B2B) organizations manage different organizations rather than people purchasers. E-business gives chance to firms to deal with their activities legitimately with others in the gracefully chain since all exchanges happen on an online stage. B2B improves the connection between different associations for commonly beneficial outcomes. The Internet has offered firms the chance to interface with different firms anyplace. This has advanced rivalry and expanded conveyance of administrations. The B2B model helps with upgrading the degree of proficiency activities and quality in administrations without additional expenses, and it makes exchange basic whenever and spot. The B2B model spotlights on four principle regions. These incorporate creating solid direct business connections, improving operational effectiveness, advancing business development, and coordinating business rivalry in the commercial center. An online plan of action has permitted firms to direct their tasks effectively and improve practicality and rightness of business exchanges. In this manner, they have had the option to wipe out mistakes that outcome from wrong sources of info and resulting conveyances. Firms additionally associate legitimately to their providers, which empower them to build up their connections and brand pictures. B2B Concepts B2B online business happens electronically by means of the â€Å"Internet, extranets, intranets, or private networks† (Loshin, 2005). It is otherwise called â€Å"eB2B (electronic B2B) or just B2B† (Loshin, 2005). The three significant types of B2B web based business models are primarily value-based, process, and vital connections. The value-based model spotlights on a given online methodology for doing exchanges inside the flexibly chain. Furthermore, it applies a similar way to deal with the entire framework. Procedure based B2B model happens between two firms with a typical business process. The procedure upgrades effectiveness between the two associations. Key relationship model may involve at least two firms that have associated their business frameworks and procedures in many zones of business operations.Advertising Looking for inquire about paper o n business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Firms have embraced e-business as a result of the inalienable qualities in the innovation. The framework spares time, diminishes costs, workforce, and disposes of the greater part of the mistakes in business forms. Figure 1: B2B internet business models Key business drivers for B2B There are three principle factors, which drive online business. These are financial powers, changes in showcasing and communications with clients, and advancement in innovation. Monetary powers are for the most part obvious in regions of cost decrease, proficiency in forms because of accessibility of innovation, low-costs, sped up in exchanges, low expenses of sharing and promoting the business, and accessibility of moderate client care apparatuses. Monetary coordination can happen both inside and outside a firm. Remotely, reconciliation includes electronic connections with different a ssociations, providers, clients, and different colleagues. These substances convey basically in a solitary domain wherein the Internet is the method of correspondence. Alternately, inside reconciliation includes a system of various specialty units inside the firm. An organized arrangement of activities and procedures give viable method of archive stockpiling in electronic organizations, which permit business divisions to transmit data right away. Corporate intranet is the best case of inward incorporation of tasks and procedures among different specialty units in a firm. This is normal in significant firms like Cisco, Nestle, IBM, and Intel among others. Showcasing powers are answerable for the development of online business. The point is to get consideration of the worldwide market through advertising and advancement. In such manner, the Internet has been a successful apparatus for improving client administrations and backing. Firms have noticed that it is easy to give business dat a through the Internet to their worldwide client base.Advertising We will compose a custom research paper test on Concepts, qualities, and models of B2B and deals from indexes explicitly for you for just $16.05 $11/page Learn More The development in innovation has been answerable for the fast development of the web based business. For example, the improvement in record and information control through digitalization, information change, mix, and goals along with ascend in open framework innovations have strived to give a solitary stage to correspondence. Subsequently, correspondence between accomplices has gotten effective, simple, reasonable, and quick as the need to make new types of interchanges become unessential. For firms, clients, and their accomplices the chance of depending on a solitary foundation of correspondence offers the upside of a spilled specialized technique. Innovation has improved the idea of all inclusive access, as most specialized strategies become union. Sign ificant expenses of setting correspondence directs like landline in regions with not many clients have been a disincentive to numerous correspondence firms who center around degree of profitability. Direct Sales from Catalogs Businesses as a rule have â€Å"one list for all clients and an altered list for every huge customer† (Loshin, 2005) with point of giving a chance to effective customization of administrations. An immediate deal is an organization put together B2B model that concentrates with respect to selling items and administrations. The provider shows items and administrations on the list close by a site for selling. The dealer is a wholesaler or producer who manages a few customers. Exchanges occur by means of the Web website, which might be a Web-based stage for enormous firms or an extranet for little elements. At times, little substances have their own made sure about Web locales for directing their business exchanges. Firms may depend on direct selling through their â€Å"electronic indexes demands for proposition (RFP), and selling by means of forward closeouts, as well as coordinated managing under a long haul contract† (Nguyen, 2009). The B2B direct selling permits firms to get the upside of rapid business procedures and end of wild instances of mistakes. Such firms likewise have the upside of lessening â€Å"order handling costs, coordinations expenses, and desk work, particularly the decrease of buyers’ search costs in discovering dealers, serious costs, and the decrease of sellers’ search costs in promoting to intrigued buyers† (Nguyen, 2009). Most global firms, for example, Dell and Cisco direct their business with different associations through made sure about online diverts in which they can get all the request subtleties as mentioned by a client.Advertising Searching for inquire about paper on business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Organizations have the chance to investigate the whole index, select things, tweak the rundown, spare, and send for inner approval before starting a request. Moreover, the stage offers following highlights, which permit clients to track and know the status of their request during the exchange. All things considered, clients can at present track their requests during shipment. In direct deals index, a firm may pay charges or commissions for different substances that offered help and worth included administrations, yet this generally relies upon whether the wholesaler has not provided food for such expenses. An immediate deal from lists has a few restrictions, which incorporate â€Å"attracting purchasers, channel clashes, the technique for electronic sign, and the necessary scale to work efficiently† (Nguyen, 2009). What's more, there may be costs related with esteem included administrations and facilitating administrations. In 2011, Endeca, a piece of Oracle since 2012, direct ed an examination on the condition of the B2B web based business so as to help different associations improve their activities and procedures. The examination built up that the â€Å"B2B online index and direct deals power kept on being key channels utilized by clients for choice making† (Oracle-Endeca, 2012) as portable stages likewise increased a pace of critical development when contrasted with past investigations. Benefits of B2B web based business Businesses have touted the B2B plan of action as an inventive strategy for directing business through the Internet. The model offers compelling, proficient, and upper hands to clients. For the most part, the B2B web based business permits associations to access the worldwide commercial center. Business exchange through the Internet has given a few chances to dealers and purchasers to defeat difficulties of time and geology. The framework takes out widespread instances of human blunders and bolster constant correspondence betwee n associations. Furthermore, Web-based correspondences have disposed of the requirement for exorbitant methods of correspondence since organizations in the e-commercial center can bear the cost of the Internet. This model has tended to productively and viably challenges related with the gracefully chain the executives between elements. Business can control their gracefully chains in differe

Laughter is The Best Medicine

Laughter is The Best Medicine Many years ago, Norman Cousins was diagnosed as terminally ill. He was given six months to live. His chance for recovery was 1 in 500.He could see the worry, depression and anger in his life contributed to, and perhaps helped cause, his disease. He wondered, If illness can be caused by negativity, can wellness be created by positivity?He decided to make an experiment of himself. Laughter was one of the most positive activities he knew. He rented all the funny movies he could find Keaton, Chaplin, Fields, the Marx Brothers. (This was before VCRs, so he had to rent the actual films.) He read funny stories. He asked his friends to call him whenever they said, heard or did something funny. His pain was so great he could not sleep. Laughing for 10 solid minutes, he found, relieved the pain for several hours so he could sleep.He fully recovered from his illness and lived another 20 happy, healthy and productive years. (His journey is detailed in his book, Anatomy of an Illness.) He credi ts visualization, the love of his family and friends, and laughter for his recovery.Some people think laughter is a waste of time. It is a luxury, they say, a frivolity, something to indulge in only every so often.Nothing could be further from the truth. Laughter is essential to our equilibrium, to our well-being, to our aliveness. If were not well, laughter helps us get well; if we are well, laughter helps us stay that way.Since Cousins ground-breaking subjective work, scientific studies have shown that laughter has a curative effect on the body, the mind and the emotions.So, if you like laughter, consider it sound medical advice to indulge in it as often as you can. If you dont like laughter, then take your medicine laugh anyway.Use whatever makes you laugh movies, sitcoms, Monty Python, records, books, New Yorker cartoons, jokes, friends.Give yourself permission to laugh long and loud and out loud whenever anything strikes you as funny. The people around you may think youre s trange, but sooner or later theyll join in even if they dont know what youre laughing about.Some diseases may be contagious, but none is as contagious as the cure. . . laughter.By Peter McWilliams From Chicken Soup for the Surviving Soul

Essay on Law Enforcement Cameras as Invasion of Privacy

Law Enforcement Cameras as Invasion of Privacy It is a copy-book maxim that the state exists in order to protect its citizens and its law enforcement subdivision deals with the issue of protecting them from inner dangers, i.e. criminals that may harm them or their property. The methods, which can be used by police, however, are much more controversial issue. In many cases we may see that the law enforcement system exceeds the range of duties it is supposed to attend to. The usage of cameras spying on the citizens is one of such cases. Yes, it may in some cases make the work of police easier and more effective. But the citizen like me does not care about it. This citizen cares for the fact that the existence of these cameras makes it possible for the police or any other officials to follow his movements if somebody wishes so. He doesn’t have anything to hide, but doesn’t want to share his personal life with anybody – so, what right do the officials have to invade his privacy? I repeat – law enforcement exists to make my life as a citizen safer and not for the convenience of the police. It is up to me to decide whether I want to impart any information with them or not. It makes the law enforcement easier, all right; but what else can make it easier? To implant a GPS marker into the body of every citizen to make it easier to find him if need arises? To plant bugs into every person’s apartment to know what he talks about when he is at home? To place a telescreen in his living room, so that the Big Brother could watch him without effort? Where is the line after which the state exceeds the limits of its authority?

A Summary of the Communist Manifesto by Karl Marx Essays

A Summary of the Communist Manifesto by Karl Marx Karl Marx was an idealist. He observed the cruelties and injustices that the poor working class endured during the period of industrial revolution, and was inspired to write of a society in which no oppression existed for any class of people. Marx believed in a revolution that would end socialism and capitalism, and focus on communist principles. The Manifesto of the Communist Party, written by Karl Marx and edited by Frederick Engels, describes the goals of the communist party for ending exploitation of the working class and creating a society in which there is equality in society without social classes.1 The first part of the Manifesto is entitled the Bourgeois And Proletarians.†¦show more content†¦But not only has the bourgeoisie forged the weapons that bring death to itself; it has called into existence the men who are to wield those weapons—the modern working-class—the proletarians.†2 Marx has introduced the solution to creating his equal society. He believes that the proletarians are capable of overthrowing the bourgeois because of their large population. Next Marx writes of the demeaning work of the waged-laborer. The worker becomes part of the machine, performing mind-numbing tasks for long periods of time. As the skills needed for the manual labor decrease, age and sex are of no distinctive validity. Skilled trades people and handicraftsmen are eventually forced to the level of the proletariat because they cannot compete with modern industry. Their talents are no longer needed because of the new methods of production. Despite their large numbers, the proletariats find difficulty in unifying against the bourgeois. The division of the laborers, geographically, keeps them from becoming a union of their own, and so, they are in competition with each other instead of against the bourgeoisie. Marx believes that with the increasing number of proletariats, their strength will grow, and they will find ways to better their situation. â€Å"The real fruits of their battles lies, not in the immediate result, but in the ever expanding union of workers.†3 Improved means of communication will prove to beShow MoreRelatedEssay on Summary of Communist Manifesto by Karl Marx2066 Words   |  9 PagesSummary of Communist Manifesto by Karl Marx Introduction Karl Marx was born in 1818 into a middle-class, German family. During his studies, Marx was heavily influenced by the philosophy of Hegel. He joined a group called the â€Å"Young Hegelians.† The group, though â€Å"inspired by Hegel, [was] determined to champion the more radical aspects of the old masters system.†[i] Though he was a strong scholar, he got into trouble because of his radical political views.[ii] In 1847, togetherRead MoreSummary and Critical Analysis of the Communist Manifesto by Karl Marx2260 Words   |  9 PagesSummary I. Bourgeois/Proletarians Individuals have been classified on the basis of prestige acquired mainly through economic success and the accumulation of their wealth throughout history. The Communist Manifesto begins with Karl Marx and Friedrich Engels discussing the differences of the Bourgeois from the Proletarians. The proletariats are exploited and seen as capital, rather than equals by the oppressed bourgeoisie. With the bourgeoisie being a dominant force in the population, they eventuallyRead More The Revolution of 1848 and Karl Marxs The Communist Manifesto1430 Words   |  6 PagesThe Revolution of 1848 and Karl Marxs The Communist Manifesto There were two major things that happened in Europe in 1848. One of those things was the Revolution of 1848. The other was the publication of the Communist Manifesto, written by Karl Marx. The Revolution of 1848, and the Communist Manifesto tie into each other very well. The Revolution was calling for a change in society, and so was Marx through the writing of his Manifesto. The revolution was a foundation for changesRead MoreConflict Theory, Karl Marx, and the Communist Manifesto Essay1321 Words   |  6 PagesConflict Theory, Karl Marx, and The Communist Manifesto In order to understand Marx a few terms need to be defined. The first is Bourgeoisie; these are the Capitalists and they are the employers of wage laborers, and the owners of the means of production. The means of production includes the physical instruments of production such as the machines, and tools, as well as the methods of working (skills, division of labor). The Proletariat is the class of wage-laborers, they do not have their ownRead MoreThe Utopia Of Communism : Why No Communist Country Has Been Successful1613 Words   |  7 PagesThe Utopia of Communism: Why no Communist Country has been Successful After it was conceived from the mind of Karl Marx, a Communist form of government has appealed to many societies, especially before and during World War II. Some of the strongest countries were built on the principles of Communism, such as the USSR. It came to become an enemy of American values, and challenged the political and civil ideas of that time. However, it quickly dropped out of popularity, and has come to only beingRead More Marx and the Communist Movement Essay922 Words   |  4 PagesMarx and the Communist Movement The Communist Manifesto, written by Karl Marx and Fredrich Engels, has become one of the worlds most influential and significant pieces of political propaganda ever written. It contains the viewpoints and ideology of the world-view that Marx and Engels had come to know from their political involvement from the previous years. Published in 1848, in a time of European revolution, the Manifesto is an incisive summary of the Marxist vision and outlines the foundationRead MoreKarl Marx And Friedrich Engels1224 Words   |  5 PagesKarl Marx and Friedrich Engels were asked to write a manifesto for a group that they had recently been accepted into, a group known as the â€Å"Communist League,† a group of activists that met in London. Marx and Engels – though Engels primarily took care of editing and revising, Marx did a large amount of the writing – would write The Communist Manifesto for this group. After the manifesto was published, it became one of the most we ll-known as well as influential pieces of philosophy, and is the reasonRead MoreThe Communist Manifesto By Karl Marx And Engels1257 Words   |  6 PagesThe communist manifesto is from the time of the French Revolution (1789-99), by Karl Marx and Friedrich Engels where it was based on the politics. This essay will argue that Marx and Engels believe manifesto is modern in our society as it creates a revolution and it tries to change the world to create something new. Marx and Engels s reasoning intended to persuade people working to fulfil their desires and be independent in their own struggles as the society would be classless. The argument is firstlyRead MoreApplied Marxism Essay1234 Words   |  5 Pagesdoes not provide. Karl Marx believes that the founders have liberalism did not understand that human nature and predicted the actions of society incorrectly. Marx uses history to explain what needs to happen in the future, his interpretation of human nature is more accurate. Marx decides to write the Communist Manifesto to apply Marxism for Communism is only applied Marxism. The Manifesto gives a summary of Communism so that it can be better understood and can be applied. Marx explains the historyRead MoreThe Three Major Philosophies Established During the 1900s Essay1335 Words   |  6 Pagescommunism. His successor put the Soviet Union back on the road to â€Å"pure† communism. Stalin developed Five-Year Plans while the Soviet Union developed a command economy, where the government made all basic economic decisions. A command economy is communist. Fascism was promoted by Mussolini and Hitler. In 1919 Mussolini organized discontent Italians into the Fascist Party. Mussolini quickly gained power, by 1925 he had taken the title II Duce, â€Å"The Leader.† Mussolini preserved capitalism and created

Ice Cream Galore Btec Unit 9 Free Essays

Ice Cream Galore Made by: H. Hassan Index * P1 describe the promotional mix used by two selected organisations for a selected product/service * P2 explain the role of promotion within the marketing mix for a selected product/service * P3 explain the role of advertising agencies and the media in the development of a successful promotional campaign * P4 explain the reasons behind the choice of media in a successful promotional campaign P1 The Promotional mix contains out of different elements who are necessary for the information of all target customers that means it’s not just for the people who already know about the product but also for the people who are completely unaware it all depends on how you use the elements of the promotional mix which are: 1. Advertising Any paid form of non-personal communication through mass media   about a service or product   or an idea is called advertising. We will write a custom essay sample on Ice Cream Galore Btec Unit 9 or any similar topic only for you Order Now It is done through non personal channels or media. Print advertisements, advertisements in Television, Radio, Billboard, Cataloges, Direct mails, In-store display, , emails, posters are some of the examples of advertising. Paid promotion and presentation of goods, services, comes under the advertisement 2. Personal selling This is a process by which a person persuades the buyer to accept a product or a point of view or convince the buyer to take specific course of action through face to face contact. Examples: Sales Meetings, sales presentations, sales training, samples and telemarketing etc. It can be of face-to-face or through telephone contact. 3. Sales promotion Many different products are often sold with a discount. Companies use these kind of sales promotion a lot. They do this so that more people will buy the product, resulting in a bigger profit or so they can get rid of their old products because they are waiting for a new product to come out 4. Public relations A lot of big businesses also have a negative side. It’s the PR’s goals to make the business look as good as possible for the public 5. Direct marketing Direct marketing is a way of marketing to a particular group such as young male students Business use very advanced ways into reaching the people they want to inform of their product or discount 6. Sponsorship Sponsorship is a way to of promoting by being connected to someone or something companies pay a lot to like an athlete wearing their name on his shirt P1/P2 BCC BCC is a high tech company selling all the electrical equipment u need at your home. They use the promotional mix to attract customers and sell products. hey use a store as well as a web shop Advertising: BCC has got a lot of commercials and nationally known slogans such as â€Å"Low Prices High Service† Personal Selling: They use personal selling a lot, try walking in to a bcc store without getting jumped by a salesman. Their strategy is you come in to the store for headphones and you leave with a phone or tv. Sales Promotion: They give you discount ,when u buy more than 1 product and give the opportunity to pay it off with a monthly fee. Sponsorship: They sponsored The Dutch soccer team at WK 2010 named â€Å"Het officiele thuis supporters packet â€Å" (http://www. nederlandsmedianetwerk. l/profiles/blogs/bcc-officieel-sponsor-van-de) Direct marketing: They use direct marketing by sending u emails of their discount if you’re in their database because u bought something from them in the past Public relations : They are known because of their slogan Low Prices High Service. If something doesn’t work they will immediately help you out through the phone or at their store The role of their promotion that people are aware that they are there and give them the image that they are the best and reliable with repairs and such so that u feel comfortable with buying a new TV without thinking that it might break . Unicef Unicef stands for United Nations Children’s Fund. It’s a children rights organisation of the United Nations. Their Goal is that all children get the same rights such as education, food ,vaccinations and help cure aids and other diseases Advertising: Unicef advertises a lot they have people on the streets collecting money. They got commercials and famous people supporting them at benefit concerts here Personal Selling: They do use personal selling by for example the people who come knock on your door raising money or have a stall with unicef shirts and caps that u can buy Sales promotion: They don’t give discounts because it’s about them helping children it depends on you how much u want to give there are no standard prices Sponsorship :They sponsor one of the greatest soccer team in the world FC Barcelona and the Grand Prix as well as NASCAR. Direct Marketing: They use direct marketing u can subscribe to their site and they send u emails and information about their campaigns or benefit concerts they look for people with a soft hart and care about children I think they mostly aim at rich housewives with children their own Public Relations: They are extremely kind to u and u can always call or mail them or go to their local office if u have any questions. Unicef depends on promotion they need it so people can donate money to them without promotion no one would trust the organisation with their money they would think that they will just keep it. They promote it with sad children that are all bruised up so that they get your compassion and eventually your money. How to cite Ice Cream Galore Btec Unit 9, Essay examples

Power and Agency in the Classroom

Summary The article, ‘Betwixt Safety and Shielding in The Academy: Confronting Institutional Gendered Racism’ by Cobb-Roberts presents an experience of cultural diversity of one African-American lecturer who teaches in a white student-dominated institution.Advertising We will write a custom critical writing sample on Power and Agency in the Classroom specifically for you for only $16.05 $11/page Learn More According to Cobb-Roberts (2012), the story is about a white student who complains of disapproval with the way the lecturer and his fellow students comment on racism. This student fails to meet the American-African lecturer. The student only meets her in the company of another lecturer. A policy of addressing the whole class in debates is devised. He later complains of harassment by his lecturer and fellow students. The situation pushes him to seek security. Cobb-Roberts (2012) asserts that the lecturer and her department refuse to approve a security guard in the classroom. However, the office of the senior academic administrator provides another African-American lecturer as an observer during his presentation. However, the white student does not trust the new African-American lecturer. He is only contented when a white lecturer is assigned. The whole story brings out the theme of cultural mistrust and racism in educational institutions. Significance and implication of the reading to education and power and agency in classrooms This reading is significant in education, power, and agency in classrooms since it explores how groupings of learners who have similar ideologies can intimidate students who uphold a contrary view. Based on power that comes with unity, teachers should discourage learners from personalized debates, especially on issues of racism and culture. If such debates are allowed, students with divergent views will feel intimidated by popular ideas. Such students fear expressing their conflicting views on such matters. Strengths and weaknesses The strength of power and agency in classroom in this story is portrayed by the way this white student is able to prompt the lecturer to change the policy of students’ response in class and the provision of an observer of his race by the senior administrator’s office to ensure his security.Advertising Looking for critical writing on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, the reading presents a weakness since the given scenario does not offer tangible evidence of discrimination that can warrant the fear and security demand by this learner. Contribution to my understanding of multicultural education This story enriches my perspective on diversity. I have realized that race and gender can be a basis of discrimination. I have also realized that perceived or real racism can result in fear, role-conflict, and mistrust in schools. Summary Herrera, Holmes, and Kavimand an’s (2012) reading, ‘Bringing Theory To Life: Strategies That Make Culturally Responsive Pedagogy a Reality in Diverse Secondary Classrooms’ paints a clear picture of cultural diversity in American schools. It also presents what it deems an appropriate teaching pedagogy. Herrera et al. (2012) confirm the wide variation in languages and culture among students and teachers in most of the contemporary American schools. Herrera et al. (2012) observe that teacher preparation for the current diverse situation of learners in American schools is inadequate. Based on this gap, the authors suggest the need to develop an inclusive curriculum that includes variations in language and culture since such a move will be important in upholding diversity in learning. Therefore, teacher preparation programs should equip them for a culturally diverse studentship in schools. Significance and implication of the reading to education and power and agency in classrooms This reading is i mportant in the development of education, power, and agency since it highlights the impact of both teachers and student curriculum on the management of diversity in schools. The reading emphasizes proper preparation on the side of teachers concerning the issue of student diversity. Development of a pedagogy that values and/or upholds diversity is also imperative. This strategy will unite student from diverse parts of the world while at the same time preparing them to work across the world.Advertising We will write a custom critical writing sample on Power and Agency in the Classroom specifically for you for only $16.05 $11/page Learn More Strengths and weaknesses The strength of this reading is that it is founded on researches that indicate gaps and disparities that are witnessed between students and teachers. The reading is also anchored on preparing teachers on how to handle diversity before they begin teaching. The reading is recommendable since it s uggests a working plan of managing diversity. It suggests the development of a curriculum that is inclusive of cultural diversity. However, the weaknesses of this reading include its failure to substantiate the issue of diversity within the context of education. Suggestion to include language diversity in education may be cumbersome, owing to the multiple languages that are taught in schools. Contribution to my understanding of multicultural education The article is a revelation to me based on its unique presentation of the subject of multicultural education. It has expanded my understanding on how curriculum and teacher preparation can be used to address diversity in learning institutions. It has also made me appreciate the power of diversity in preparing learners to work in diverse cultures. Besides, it teaches me to appreciate the values of other cultures. Since no individual is an exact copy of another, it suffices to acknowledge people’s differences since each person has a distinct role to play in the lives of other people. Reference List Cobb-Roberts, D. (2012). Betwixt Safety and Shielding in The Academy: Confronting Institutional Gendered Racism. The Negro Educational Review, 62(1), 89-91. Herrera, S., Holmes, M., Kavimandan, S. (2012). Bringing Theory To Life: Strategies That Make Culturally Responsive Pedagogy a Reality in Diverse Secondary Classrooms. International Journal of Multicultural Education, 14(3), 1-3.Advertising Looking for critical writing on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More This critical writing on Power and Agency in the Classroom was written and submitted by user Isiah D. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.