(Bank) Case study Example | Topics and Well Written Essays - 500 words

(Bank) - Case Study Example For instance, the bank can have tellers available 24/7 to answer banking questions, or to aid in banking process. By operating at the front of the curve in these situations, the industry can be perceived to have the most successful customer service, as other banking operations struggle to catch up to their innovations. Similarly, increased options for online banking can be introduced, such as tracking investments or other aspects that were previously the entity of in-house banking alone. Another prominent concern is interest rates. As noted earlier, it is recommended that that Westpac decrease their interest rates a substantial amount. This way Westpac can still benefit and prepare for future problems whilst still providing Australians with the possibility to successfully loan money. While in-large part it’s clear that this is a question of prudent investment, another major concern must be the bank’s interest rate relative to its competition. The major area of concern, in these regards, is that while customers have experienced increased hardship as a direct result of the economic recession, all banks remain under the same financial constraints. While banks face these constraints, this particular bank in question has differentiated itself on charging higher interest rates. As a means of increasing customer loyalty, the bank was base their interest rate not on internal profit concerns, but as a relative function of market competition. The final area of concern is in terms of advanced uses of technology. As considered in terms of customer service concerns, it’s clear that advanced uses of technology are essential for the continued success of the banking industry. In terms of technological change, the bank must implement this on a need based structure. The bank would determine strategic initiatives not based on simply incorporating new modes of technology, but determined

History of enlightenment Essay Example for Free

History of enlightenment Essay (1) Newtonian theory vs. Einstein and Heisenberg The Newtonian theory refers to the work of one of the earliest scientists known as Isaac Newton who stated that, the laws of nature (gravity) controlled the stable movements of objects and also maintained the delicate balance that holds things firmly to the ground. However, since then this theory has been subjected to many conflicting philosophical views and opinions that have either challenged or supported it. The emergence of Albert Einstein and his genius in physics, for instance, gave way for heated debates about the credibility of the Newtonian theory of natural law and gravity. Albert Einstein in his proposed theory of relativism helped to extend Newtonian dynamics to include motion at speeds of approaching than that of light. This new additional clause on the initial theories of gravity saw the revolutionary perception of the effect of motion on gravity. The new findings led to the disputation of the absoluteness of Newtonian theory in that, Einstein discovered some faults that made the Newtonian theory incomplete and questionable. Einstein was able to learn that some elements such as time, mass, energy, space, and even matter are not necessarily absolute in themselves, they can therefore be measured or altered by a person depending on the nature of his/her study variables. [Nick Strobel, 2001] Warner Heisenberg later emerged to add his findings on what he called â€Å"quantum† mechanics that described motion on a subatomic scale. In his findings Heisenberg, asserted that the universe was full of uncertainties that made it not an obvious phenomenon to ever understand. â€Å"The more precisely the position is determined the, the less precisely the momentum is known at this instant, and vice versa† The work of these two scientists heralded the genesis of new studies that sought to provide insights on initially abstract theories, the Newtonian one included. [Mr. Edmondson, 2000] (2) Social Darwinism and Hitler The theories of social Darwinism, provided for a healthy competition among individuals, groups, nations, and the global world as a whole for purposes of achieving social evolution amongst human societies. Social Darwinism is a derivative from the Charles Darwin’s theory of natural selection. Natural selection according to Darwin is the process of speciation in populace that is brought about by competition between individual mortals for limited resources a phenomenon called, â€Å"survival for the fittest†.   [Johnson, D. Paul, 2008] In his book, â€Å"Main Krampf† Hitler expresses acknowledgement of both the principals of social Darwinism and natural selection, this he exhibits by asserting that the world should be classified to people’s ancestry, a classification that will involve with some people being placed on higher classes than others, he quoted the example of Germany Aryans as more superior than the blacks, Jews, and gypsies as belonging to a lesser class. Again, Hitler is seen as acting beyond the dictates of social Darwinism or even the principal of natural selection with his racial attitude towards the Jews whom he accuse of abetting racial dilution tactics in order to bring about equality. His perception of social Darwinism and natural law was about the political, social, and economic struggle between the mainstream Aryans and the minority Jews. His racialism attitudes led him to the gassing and brutal murdering of millions of Jews as a way of satisfying his own â€Å"social Darwinistâ €  theory. [Mein Kampf, 1939] (3) Sigmund Freud vs. John Locke According to john Locke, â€Å"self† is the conscious thinking thing which is in itself reasonable or conscious of pleasure and pain and proficient of cheerfulness or melancholy, and so is concerned for itself, as far as that awareness extends. In other words to him self is a character awareness and self thoughtful awareness that is fixed in the body.   [Locke, Essay, 1997] In his work â€Å"some thoughts concerning Education† he indicates it is education that fills the rather â€Å"empty human mind†, by asserting that out of the ten men he meets with nine of them are what they are, morally upright or morally rotten, useful or not, good or evil, chiefly due to their education. [Locke, Some Thoughts, 1996] Further he argued that little and almost insensible impressions we make when we are young having lasting impacts to ourselves simply due to the fact that they were the foundations of the self. [Locke, Some Thoughts, 1996] On the other hand Sigmund Freud differed vehemently with Lockean theory in that he argued that human beings behavior is controlled largely by their unconscious minds. He argued that the understanding of conscious thoughts and behavior is determined by revisiting the unconscious mind. He developed â€Å"repression† as key factor that determined unconscious, out of belief that far many people repress painful memories into their unconscious minds. He further clarified that the very process of repression took place within an individual’s conscious mind but rather in the unconscious one, and therefore many people are unaware that is happening on them. [Barlow DW, Durand VM, 2005] Finally Freud stubborn stance on the unimportance of both education and treatment to the alleviation of violence or suffering can be attributed to his changing of the system of unconsciousness and modeling it into the concept of Ego, super-ego, and id.   Super ego is ability to psyche ones morals and not taking in to account circumstantial morals situations, while Id was derived from William James early works. It is in light of this that Freud vehemently disputed the notion that the success of the population relied on education.   [Barlow DW, Durand VM, 2005] Freud model of mind has been a great challenge to the enlightenment model of rational agency which then was a core element in modern philosophy.

Yin and Yang: the Nature of Scientific Explanation in a Culture Essays

Yin and Yang: the Nature of Scientific Explanation in a Culture ABSTRACT: I explore the nature of scientific explanation in a culture centering on the doctrine of yin and yang combined with that of five phrases, wu-hsing (YYFP). I note how YYFP functions as an alternative to the causal way of thinking, as well as the meaning of scientific explanation in a culture. I also consider whether a scientific concept becomes metaphorical when it is superseded by an alternative organizing concept. To a Western eye, or even to a contemporary Eastern eye, many explanations given under the doctrine of yin and yang combined with that of five phases (wu-hsing), apparently intended to be scientific, would seem either absurd or too arbitrary at first sight. An intriguing fact, however, is that the doctrine of yin and yang and that of five phases (hereafter YYFP) has prevailed until quite recently in almost all the areas of Far-Eastern cultures including medicine, astronomy, music, dance, architecture, geomancy. In this essay, I pay attention to the questions such as how YYFP functioned as an alternative to the causal way of thinking, and what it is to be a scientific or theoretical explanation in a culture. I also consider the question of whether a scientific concept becomes metaphorical when it is superseded by an alternative organizing concept. Let me begin with the development of the concept of YYFP, as you may not know in the first place what YYFP is. Until around the 4th century B.C., yin and yang were current words for "sunshine" and "shade" and were used separately from the five phases of change. Soon after, they came to be included in the six ch'i (six powers or forces) of Heaven. The six ch'i refer to wind, rain, dark, light,... .... Recent developments in quantum physics, biology and information science have put us in a position where we question the uniqueness of the causal-mechanical model of science. But these developments, even though sciences based on non-causal concepts might dominate in the culture, would not eradicate the causal way people have viewed the world and themselves, but only relegate the concept of cause to the realm of metaphor, a rhetorical way of putting things. The concept of cause then would no longer be a scientific concept, but would still be alive in the culture. What brings a change in the general worldview then? This would be the question I still have to ask. Notes (1) Tr.(in Korean)& ed. by Chung Young Ho (Jayou-Moongo, 1993), pp.22-23. English translation is mine. (2) Cf. Tung Chung-suh, Ch'un-ch'iu fan-lu (Luxurian Gems of the Spring and Autumn Annals).

Story of Stuff

The Story of Stuff is a fun, clear, lively, and timely treatment of the materials economy that shows how the real industrial economy intersects with sustainability. Although the economy appears to undermine sustainability, it works for the burgeoning global middle classes, for now, as the middle class increases consumption, the demand that elicits production. This theme is central. I test marketed the book and others among students in various settings, discovering that students preferred The Story of Stuff and learned from studying the book.The core concept, the materials economy, is not a formal term derived from economic theory. The materials cycle comes close to the concept of supply chains, however. Annie may have invented the term to suit her purpose here: more trees and less stuff (read, waste). I have used the cycle process model effectively in my public policy course. View the logo and click on the ovals to see this process framework in action. The material cycle model is a c omprehensible, dynamic, and flexible container.The book treats the economy as a grounded and concrete phenomenon rather than an abstract and detached set of theories. The actual economy provides the substance of ENST305, not the abstracted theories such as neoclassical economics, which will be treated immediately after The Story of Stuff, as displayed in the schedule. The strategic move, from Karl Polanyi: examine the substantive economy, not formal economic theory per se. See my overview of Karl Polanyi as social ecology.The critique of ecological economics at the macro-level, or big picture level, is squarely upon the growth in physical scale of the economy. Note that growth is distinct from development, an improvement in quality or the actualization of potential. But expansion and intrusion is what stuff is all about: stuff is tangible and physical. Note that the book does not really treat the service economy, but focuses on the world of commodities that are products (goods), not services per se. The notion of externalities, the micro-level critique of ecological economics, is central to the The Story of Stuff.See page XX. View a video that explains how even this page, located in the cloud, contributes to climate change/. Fairness is central to the book. World Sustainability, after all, must be fair. See the article recommended by Joaquin Maravillas about Ugandans being pushed off their land for the sake of environmental services. This may help in dealing with climate change but is unacceptable. This shows how commodification, even of environmental services, can lead to what David Harvey terms dispossession.I have discovered that The Story of Stuff works for students who have not yet studied economics or feel put off by economics. The book makes economics accessible but does so in the context of sustainability. Students report that they learn from the book and find the book accessible to them. This matters, a lot. Notice the chapter titles. We will discuss and contrast with the paradigm of orthodox economic theory (neoclassical economics) and also ecological economics. This gets us into the materials economy from an industrial ecology perspective. Story of Stuff The Story of Stuff is a fun, clear, lively, and timely treatment of the materials economy that shows how the real industrial economy intersects with sustainability. Although the economy appears to undermine sustainability, it works for the burgeoning global middle classes, for now, as the middle class increases consumption, the demand that elicits production. This theme is central. I test marketed the book and others among students in various settings, discovering that students preferred The Story of Stuff and learned from studying the book.The core concept, the materials economy, is not a formal term derived from economic theory. The materials cycle comes close to the concept of supply chains, however. Annie may have invented the term to suit her purpose here: more trees and less stuff (read, waste). I have used the cycle process model effectively in my public policy course. View the logo and click on the ovals to see this process framework in action. The material cycle model is a c omprehensible, dynamic, and flexible container.The book treats the economy as a grounded and concrete phenomenon rather than an abstract and detached set of theories. The actual economy provides the substance of ENST305, not the abstracted theories such as neoclassical economics, which will be treated immediately after The Story of Stuff, as displayed in the schedule. The strategic move, from Karl Polanyi: examine the substantive economy, not formal economic theory per se. See my overview of Karl Polanyi as social ecology.The critique of ecological economics at the macro-level, or big picture level, is squarely upon the growth in physical scale of the economy. Note that growth is distinct from development, an improvement in quality or the actualization of potential. But expansion and intrusion is what stuff is all about: stuff is tangible and physical. Note that the book does not really treat the service economy, but focuses on the world of commodities that are products (goods), not services per se. The notion of externalities, the micro-level critique of ecological economics, is central to the The Story of Stuff.See page XX. View a video that explains how even this page, located in the cloud, contributes to climate change/. Fairness is central to the book. World Sustainability, after all, must be fair. See the article recommended by Joaquin Maravillas about Ugandans being pushed off their land for the sake of environmental services. This may help in dealing with climate change but is unacceptable. This shows how commodification, even of environmental services, can lead to what David Harvey terms dispossession.I have discovered that The Story of Stuff works for students who have not yet studied economics or feel put off by economics. The book makes economics accessible but does so in the context of sustainability. Students report that they learn from the book and find the book accessible to them. This matters, a lot. Notice the chapter titles. We will discuss and contrast with the paradigm of orthodox economic theory (neoclassical economics) and also ecological economics. This gets us into the materials economy from an industrial ecology perspective.

College Essay Essay

The Ohio State University has been a college of my choice for multiple reasons. I always wanted to attend a college that would benefit me in a positive way. Before my visit to Ohio State I was undecided on what college I wanted to attend. However, after my visit to OSU’s campus I knew that Ohio State was the place for me. Ohio State is one of the few institutions that are committed to diversity and the overall success of its students. The rigorous curriculum, study abroad opportunities and student organizations offered will not only groom me as a scholar but a person as well. While OSU is one of the largest universities, the freshman programs discussed during my visit have assured me that I would not be a number, but a member of the OSU community. I would like to be in a positive environment where the level of expectation and measurement for success is paramount. From my research, OSU has a world class reputation in research and academics. As a prospective Finance major at the Fisher College of Business, I will plan to learn and operate in the values that reflect Max Fisher and the College of Business. With OSU being one of the top 20 colleges I felt there’s no other college that could fit me better. I feel The Ohio State University fits me best. I also can not forget the wonderful chant I was taught on the visit, when I say â€Å"O-H† you say â€Å"I-O.†