EXAMINATIONS STRATEGIC MANAGEMENT AND SUSTAINABILITY Essay

Assessments STRATEGIC MANAGEMENT AND SUSTAINABILITY - Essay Example In addition, important business activity procedures and business arrangements as indicated by the business morals help Apple Inc. to keep up its high image picture and incomparable brand value in worldwide commercial center. Aside from every one of these angles, the association consistently creates and executes a few significant techniques in business activity forms so as to increase likely upper hands. The paper will direct a worth chain examination so as to confirm that how Apple Inc. can add to including an incentive in every one of the business activity regions. Moreover, the investigation will decide how Apple Inc. utilizes arrangements and methods to fulfill the desire for the partners. At last, Ansoff grid has been utilized in this paper to recognize different methodologies that could be embraced by Apple Inc. to seek after development. Apple Inc. has received and executed a few one of a kind business activity systems so as to improve viable key administration practices and supportability in business activity process. This piece of the exposition will examine about the received and actualized business activity techniques by Apple Inc. It is a significant vital explanatory instrument that will assist with portraying the classes of exercises inside and around Apple Inc, which together make quality items. Firm framework, HRM, Technology improvement and obtainment are supporting exercises. Then again, inbound coordinations, tasks, outbound coordinations, promoting and deals, and administration are the essential exercises (Figure 1). Apple Inc. by and large acquires the assets and segments from a few various sources far and wide. For instance, PC equipment items are commonly made by the Asian re-appropriating accomplice, for example, Foxconn (Young and Simon, 2006, p.43). As far as crude material securing, the association cooperatively works with its OEM accomplices so as to allocate the procedure of crude material

Cover Letter stating interest and intent Essay Example | Topics and Well Written Essays - 250 words

Introductory Letter expressing interest and purpose - Essay Example Also, as an investigation understudy during Seoul Korea instructive outing, I obtained powerful open organization strategies. The authority and organization abilities stay imperious in viable administration of Fort Collins people group and inception of monetary exercises. Other than the previously mentioned abilities, I have had thorough involvement with maintainable and effective research as a recipient of Seoul Metropolitan Government. Besides, monetary advancement experience picked up as an understudy at City of Clermont would be overbearing in helping me set up suitable financial exercises for development of Fort Collins and its locale. Besides, I would have the best capacity to start proficient arranging and the executives programs that would elevate economy of Fort Collins’ people group In addition, I have obtained remarkable arranging, coordination, and the executives aptitudes as an understudy and understudy. I foresee to graduate with an experts degree in urban and provincial arranging and I accept that the course have outfitted me with unparalleled association procedures that would effective execute the laid out obligations and duties. Also, understudy involvement with Osceola and City associations allowed me a prompt involvement with open support, cooperation, arranging, and advancement abilities that I accept would be definitive in organization and the executives of the association. Besides, my adaptable and accommodative relational abilities, characteristic inclination for change and working with individuals would be vital in building up an outcome situated workforce at your strong

American Politics

American Politics American Politics Home›Research Posts›American Politics Research PostsAbstractThis research paper will explore various articles and books that focus on American politics. The different articles have various distinctions on how they view the American politics. They also point out the problem with the American politics that is making the practice not progress rather just lag behind or a repetition with every new member who is elected to congress of what the one before him had done. Ronald Brownstein in his book refers to this as a second civil war and calls it the polarization of the American government and not its citizens. Another article by Peter Beinant points out that the American citizens are tired and angry with Washington and do not want to hear of them and yet again they can’t wait to elect new people (Beinart 31). The paper will show how American politics is power oriented and lacks progression toward the right path. Power is the ability of a person to influence others into doing what he/she wants. Power is selfish and non progressive. For political progression, the politicians aim at changing things from what they are to a better situation and it is not personal oriented.IntroductionPolitics is a common term used in government or in state run institution. The term though can also be used in other institution except the government. These places include companies and even also businesses. Politics is a situation through which decisions or policies are made by a group of people on behalf of others. In America today the game of politics is still ongoing and the problems that are arising are that there is no progression in the politics. It always the same story of who will be the most powerful as compared to the one who left, or who will make America a more superpower in the world. They totally neglect the progression of the country and in how they conduct their politics. This paper will demonstrate the problem with American politics. It will mostly focus on how politicians are more interested to be powerful than to progress and in how they conduct their politics.DiscussionThe problems in American politics are caused by political parties. Political parties are more interested to become more powerful that the other party rather than in serving the people. This is the case especially on the part of the senator. The election of senator to the congress should have remained in the hands of the state to appoint rather than electing them to the congress. This might have been seen as a progression toward democracy but it turned out wrong. Many senators are more committed to their political parties rather than to the state or to the people who elected them. They want to be more involved in making the party that they belong to more powerful than in serving the citizens of America. This is very selfish and it shows digressions of politics.The other problem being brought about by the political parties is how they change the beliefs and pri ncipals of candidates. Political parties usually take stands on issues so that they can lure people to vote their candidate into presidency. These issues include abortion, terrorism and also gun control. A good example is Al Gore, who was against abortion and gun control turned against his beliefs because he wanted to fit well with the Democratic Party with which he was running with as senator. He did not change his mind because he reflected on the issues and thought maybe he should be lenient, no he did so because he simply wanted to fit in. political parties are more power oriented rather than progression, from the above instance if we were progressing then a party should have given Al gore the chance to run on their ticket regardless of what his principles were. The same case happened with Joe Lieberman, who ran as a candidate for the party even against the people of Connecticut wishes.Political parties have become so power oriented that they no longer care about representing peo ple in the particular states (Hutson 14). In fact the state members have no say in what candidate they want. Most parties rely on donations from well wishers into their campaign these donations are made by powerful people to the parties and this same people get to choose the candidate that they want to represent them. Good candidates that may represent the states well and bring about political progression are left out because they have no party to support them in the election. Politicians no longer work independently, in fact they act as frontiers for what the party needs and yet the people thought they were electing an individual to represent them but they end up electing the party.For America to experience political progression it calls for a check on political parties, or rather maybe there should be introduction of more than two political parties so that the people are widely represented (Hutson 102). There have been formation of parties though and political interest groups. The se groups are mainly against what is happening in Washington and what they would like to see changed. The tea democratic party is one such party .the other thing that we can do is return the power back to the states rather than to political parties or make amendments to the 17th amendment in the constitution maybe then we can lean toward progress rather than power.Another root cause of political problem may be sprouting from the government intent purpose to control foreign governments so that they can demonstrate power. The government pays more attention to foreign countries than to its own citizens. Lately, the United States government has been involved in the Arab countries affairs for example, Libya. The American government has put some sanctions on the Libyan government. This has made it difficult for the Libyan government to solve its issues leading to a civil war. The American government wants to prove its political might all over the world. If it succeeds in Libya this shows that they are the most powerful and they can do everything. When they are doing this they are doing it at the expense of their citizens who are their back at home.As a superpower the American government feels that it is obligated to interfere with other governments on private issues and yet what they are really doing is destroying their own political progression. For instance, they have spent a lot of money on the Iraq war where dozens of American soldiers have lost their lives fighting a war which is not their own but because they want prove they are powerful they have done it at their expense. Families for the soldiers who are back at home often have the pain of receiving their dead family members knowing that it could have been avoided if they did not try to interfere with other foreign countries political crises. Therefore, if the American government needs to have political progression in their country they need to stop interfering with other countries internal affairs because i t will do more harm to them than good.Due to the American government trying to prove its political power in the foreign countries it has lost some of its allies who could have been helpful in the creation of political progression in America. Due to the involvement of the American government in the affairs of other government especially the Muslim nations, like Egypt and Libya, the American government has lost some close ties that it had with other Muslim nations which could have led to political progression in their own country by having good relations like trade. This could improve America both economically and politically and make stronger than when it is trying to fight everybody in the world (Brownstein 234). Therefore, before the American government intends to interfere with other American countries they need to reconsider the friends they are going to lose and could be helpful to them in other ways for example, economically.When the American government is trying to involve its elf in other foreign countries affairs they lose a lot of money in the wars of other countries and yet the money could have been used in own countries to do other things. With the country being hit by recessions this means that most of its citizens are suffering with ether unemployment or high standards of living. For example, a lot of money has been lost in the army due to the government involve in Iraq. The money that is being used by the army to involve itself in the Iraq affairs could be used by the United States government to try and save its country from recessions (Brownstein 244). Therefore, if the American government requires gaining political progression, they need to consider the amount of money that they are wasting so that they can prove their political power or superiority.One of the policies of the United States government as super power has to be fighting terrorism. Although they have a right to protect themselves from other terrorist attacks especially since the Sep tember eleventh attacks, the methods that they are using to fight these terrorists are not right. They are using a lot of force which is unnecessary and it is costing more than it is supposed. This is because it is happening at the expense of its citizens where they could spend that time and money developing other policies that will help the government both politically and economically. Additionally, the way they have concentrated in killing Osama, it has been like the obsession of every America president to prove that they are powerful. Due to this obsession, a lot of money is lost which could have been used in the creation of the economy of the country.In the fight against the production of the nuclear weapons, American country has been so actively in the war against the production of nuclear weapons leading them straining their resources. They do this because if another country happened to have nuclear weapons they fear that they might become more powerful than them. Due to this the different politicians in America are so keen in protecting their superiority. For example, Iran has been producing nuclear weapons. This has led to the American government so worried that the Iranian government might want to become superior to them or use those weapons on attacking America. It is because of these fears that the American government has been using most of their resources in trying to stop the creation of the nuclear weapons at the expense of their country and yet these countries like Iran might be producing these weapons for self defense purposes.The problems of politics are also greatly affecting the economy of the United States. There is so much politics present in the congress that causes delay in the progress of the economic recovery. The government is not making the right decisions and their efforts towards the recovery are not good. In fact other politicians have already foreseen an opportunity to use in their next campaign. Instead of helping the government deal with the problem that is affecting so many American citizens. This has always been common, because all that the politicians care about is to get power and not to help people or the country to progress. It would be good if the politicians tried to find out ways to control this route toward maybe another recession instead of just planning on how they will use the failure of the current presidency on solving this issue, so that they can lure voters to believe them and elect them to the white house so that they could solve the problems. This is not good politics and its not on the way to progression.The other apparent problem in American politics is the way politicians already start planning for succession of office even before the term is done. In fact most of them start as early as after the new government has just been elected and when things start not to work with the current government they start searching for new candidates. Take an example of today; the republicans are alre ady planning to use the democrats’ failure in office as their next campaign strategy. The fact that unemployment rates are increasing at an alarming rate and also the rise of fuel prices and the inability of the government to create job has created an opportunity for the opposition to penetrate to the white house. This is not good politics and it does not help the country to develop in the right direction, all that these politicians are thinking of at this point is to gain power and maybe after they are in power the same problems will also face them.It’s time we all raised a flag on the politics of today in America before we all perish in its game or we just may never have any say in what should be done in our country. Politicians should also make sure they have a change of the way they conduct their politics and the policies they put in place and how this policies are affecting the citizens. Political progression is about letting the people have their say and also properly repr esenting the needs of the people in the congress. Progression is about making people to be more interested in what politicians are doing rather than having people hate and dislike the politicians and wanting to have nothing to do with them or having to wait till they can replace them. Politicians should empathize with Senator Evan Bayh, who was strong enough to step down because he did not agree with what the congress stood for and its policies (Beinart 35). If we have more of these politicians then we are bound to have political progression.ConclusionTo conclude, this paper has displayed how politics of the modern America are conducted and the problems that this politics have. It has also shown how politicians are more concerned for political power rather than for progression. The route for the   problems is caused by the political parties themselves, especially on how they have managed to have more power over their candidates and on how they want the candidate to represent their p olicies and not those of the members of the state. The second display of political problems in the modern America today is how the government is more concerned with foreign countries at the expense of its own, mainly because they want to retain the position of them being world superpowers. The other problem is how their policies are causing economic problems for the citizens and the nature of politicians who are in the opposition to see an opportunity in the failure of the government and make it their campaign agenda. This problems in the politics of America need to be addressed so that we can achieve progression and to do this we have to shift from political power quest to benefiting the citizen and the country.

Internal And An External Situational Analysis On The...

This analysis will provide an internal and an external situational analysis on the company’s environment. It will also look at the strengths, weaknesses, competition and opportunities for the company in the future. The analysis will touch on the different units within the company such as morning foods, health and wellness, frozen, and snack items to determine if marketing can be established in increase sales overall for the company. . Analysis of Kellogg Company Kellogg is the top producer of cereals and snacks. It is based in Battle Creek, MI. Kellogg operates locations globally and is in markets worldwide. Kellogg produce a wide range of cereal products, frozen breakfast items, pop tarts, a health and wellness line, and snack items that including the Keebler line of cookies (Forbes, 2016). In the last decade, the company has been declining in sales due to competition, the busy lifestyles of consumers who tastes are changing, who are short on time, and want breakfast on the run. Innovation has also suffered as the company is relying on existing products and promotions to steady sales. Situational Analysis of Internal Environment Kellogg has developed a Growth Plan that reaches into 2020 that is being implemented throughout the whole organization. The strategy is to build on 4 main ideas. Win in the breakfast market, become the best company for snacks, double the efforts in emerging markets, and win customers in the retail market. Kellogg’s marketingShow MoreRelatedBusiness Management And The Future Business Model1698 Words   |  7 PagesBusiness management can be considered a system of economic analysis of the company. Therefore, the strategy of operation and development of any enterprise is impossible without competent use of principles, methods, forms and techniques of governance. Creation and organization of ideas are the main factors affecting the quality and viability of the future business model. 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The Role Of Mergers And Acquisitions For The Financial Performance Of Santander Finance Essay - Free Essay Example

Sample details Pages: 8 Words: 2545 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Mergers and acquisitions are a means of entry into a given market by the firm. The first wave of mergers and acquisitions began in 1897 and ended in 1905 with many small firms being transformed into large organizations. Other waves of mergers and acquisitions followed with the last wave (fifth wave) being realized in the 1990s. Don’t waste time! Our writers will create an original "The Role Of Mergers And Acquisitions For The Financial Performance Of Santander Finance Essay" essay for you Create order Many organizations including banks have used this method to venture into other international markets. Since its establishment, the Santander Group has realized increased growth and performance through cross border mergers and acquisitions. The most common from of mergers in the banking industry is the horizontal integration. When the merging companies have different loan structures credit risk strategies, the post merger performance of the company is high. Table of Contents 3 Introduction 4 Literature Review 4 Mergers and Acquisition 4 Recent History of Mergers and Acquisitions 7 Empirical Support 9 Efficiency ratios 10 Return on Assets ratios 11 Gross Profit Margin 12 Return on Earnings 12 BIS Ratio 13 Non-Performing Loans Ratio 14 Non-Performing Loans Coverage Ratio 14 Conclusion 15 References 17 Introduction Integration in a given firm and/or industry refers to the process of organizing production based on organizational unification as well as technology of different production processes. The management of any given firm should employ a method of integration which offers the specific company technological efficiency. A firm is said to be technologically efficient if it produces a certain quantity of output by employing the lowest amount of production factors and / or inputs. Integration method employed should also offer a given firm economic efficiency. Economic efficiency is the ability of a given company to produce a specific output level using the lowest possible costs. Production can be organized in three different ways (Craig and Campbell, 2005, p. 114). This study examines the impact of mergers and acquisition on the performance of Santander Group of banks between 2002 and 2010. Literature Review Mergers and Acquisition According to Rajeev and Yun (2009, p. 3), diversification is the process through which an organization enters new processes of business in the market with the possibility of manufacturing new products. Mergers and acquisitions are a form of entry that a firm may use to enter a market. Many firms in the financial industry have utilized this means to enter new markets. Mergers and acquisitions can take the form of vertical integration, horizontal integration or conglomerates. Horizontal integration is a form of integration in which firms combine at the same stage of production. Ison and Griffiths (2001, p. 75) note that horizontal integration may help a certain company to increase their share value. Firms that undertake horizontal integration do benefit from economies of scale that result from capacity expansion, technical economies of scale, social economies of scale, financial economies of scale, marketing and managerial economies of scale. Vertical integration is the ability of the firm to own subsidiaries downstream and upstream it line of production. Vertical mergers involve backward and forward linkages in an industry. Backward vertical integration occurs when firms merge or acquire subsidiaries that supply it inputs. Firms that undertake vertical integration realize reduced transaction costs hence increased profitability. Conglomerate integration occurs when an enterprise combines with other companies, which operate in different line of production. Companies Conglomerate to diversify their portfolio and hence spread the risk. These types of diversification are not common in the banking and financial industry. The most common types of mergers and acquisition in the banking industry are horizontal diversification where banks merge with other banks in other countries. Financial institutions such as banks do diversify through mergers and acquisitions because of many reasons. Banks can diversify with the aim of increasing their financial performance, exploiting the available business opportunities or other reasons. According to Shimizu, et al. (2004, p. 341), financial institutions may be influenced by the profit that their competitors are making in the global industry to engage in mergers and acquisitions. Diversification in form of mergers and acquisitions can enable banks to exploit many opportunities in the global economy. For instance, the advance in technology has enabled firms to be managed from different places cheaply. Therefore, banks can undertake mergers due to the ability to management subsidiaries from far. Other reasons for mergers and acquisitions include ability for growth, need to reduce operating costs and increased competition in domestic market. In a study conducted by Badreldin Kalhoefer (2009, p. 5), it was established that banks that participated in mergers and acquisitions increased their financial performance. Despite these findings, the study also established that integration is costly when integrati ng firms have dissimilar terms of loans and size strategies among other factors. According to Altunbas Marques (2008, p. 15) the ability of a strategic fit is an important element in determining the success of mergers and acquisitions in terms of performance. It is important that merging banks have similarities in their balance sheets. A survey by Altunbas Marques (2008) to measure the importance of strategic similarities in mergers and acquisitions indicates that the size of the bank is important in determining the post merger performance of the bank. A large size for a domestic merger compared to the size of the bidder results in lower post merger performance. However, for cross border mergers, a large size for the target firm is important because it results in high post merger performance for the bank. Empirical literature indicates that a high pre-merger return on capital has a negative effect on the performance of the bank after the merger both for domestic mergers and cro ss border mergers. Therefore, banks that perform well before the merger may not be able to improve their performance after merging because their base rate of performance was initially high. The analysis of efficiency of banks measured in terms of cost to income ratio indicates that they are counter productive in performance perspective. This is due to the difficulties that banks face in integrating the different their cost structures that are different in the short term. According to Altunbas Marques (2008, p. 17), the differences in capital structure between the merging banks enhances the post merger performance. Capital structure differences for cross border merger is useful at low performance levels. It is difficult for banks involve din cross border mergers to integrate institutions with capital structure that are different. Return on earnings (ROE) is usually positive after mergers. Recent History of Mergers and Acquisitions There are five merger waves with the fifth having occurred from the 1990s. The first merger wave occurred between 1897 and 1904. This fist merger was characterized by the transformation of firms from small firms to large dominant corporations. The first wave occurred about ten years after passing the Sherman antitrust act. The courts had a difficult time in interpreting the act leading to lack of antitrust enforcement. However, the situation changed in 1914 when the Federal Trade Commission was established. The second wave of mergers occurred between 1916 and the first economic down turn in 1929. Horizontal integration was very common during this phase leading to increased oligopolies. The phase ended with the market downturn. The third wave of mergers was witnessed between 1965 and 1969. The phase witnessed conglomerate acquisitions that were witnessed because organizations wanted to expand but were limited by antitrust laws. The fourth wave of mergers was witnessed in the 1980 s while the fifth was realized in the 1990s. All of the merger and acquisition waves happened during periods of economic expansion while they ended during period of economic slump. The current conditions for mergers and acquisitions are still the same. However, there are challenges that affect the merging firms. Firms have mismatch in expectations. As one firm may expect the valuation of the firm after a merger to rise, the other may be expecting the valuation to decrease. The business environment is still risky and raising enough capital for carrying out mergers and acquisitions is challenging. Since financial institutions are valued highly, raising enough capital for acquisition of a given company is challenging. Major legal challenges facing mergers and acquisition in the world today are issues related to regulation, tax liabilities and guidelines to pricing. Santander Group has always utilized mergers and acquisitions to exploit the existing opportunities in the banking in dustry throughout the world. The recent history of Santander group mergers and acquisitions include the acquisition of Banco Santiago in 2002, acquisition of Italian consumer finance company in 2003, Abbey National bank in 2004 and a merger with Sovereign Bancorp in 2005. In 2007, the bank merged with Fortis SA/NV and The Royal Bank of Scotland Group plc to acquire ABNAMRO Holdings. In 2008, the bank bought British mortgage bank Alliance and Leicester plc. The bank was also nationalized in Venezuela in 2008. As the effects of the global economic crisis was being felt over the world, the bank managed to acquire some insolvent banks such as Bradford Bingleys client deposits (Banco Santander, 2010). In 2009, the bank sold part of its Brazilian unit while in 2010 the bank bought back 24.9% of Santander Mexico from the Bank of America. From all these mergers and acquisitions, the bank exploited banking and business opportunities in different countries. The long-term performance of th e stock of the bank has been good since 2002 to 2010. The performance of the stock of the company as indicated in the graph below shows that the stock of the bank performed well until the year 2009 when the stock price decreased. It seem that the stock price of the bank is improves when the merger has a positive impact on the performance of the bank and decreases when the bank performance is poor. This is the reason for the low fluctuations in the stock price. However, the large decrease in the share price in 2009 can be attributed to the global economic crisis rather than mergers and acquisitions. Source: London Stock Exchange Empirical Support Mergers have always led to better performance of involved companies. According to Altunbas Marques (2008), banks that diversify through mergers and acquisitions usually perform better. Empirical evidence from Santander Group corresponds to these findings from past studies. To prove the impact of mergers and acquisitions to the performance of banks, this study will analyze five ratios from the bank. Efficiency ratios The efficiency ratios indicate the level of receivable in an organization, the repayment period, equity usage and the use of machines and inventory in the bank. The Santander Group has been involved in many mergers over a period. Since 2002-2009, the bank has realized fluctuating efficiency even after mergers and acquisitions. From the table below, the efficiency of the Santander group has been fluctuating over years. Efficiency of the bank decreased consecutively since 2002 from 52.28 to 47.44 in 2004. However, efficiency of the bank began to increase again in 2005 after the Santander Group merged with a U.S. bank Sovereign Bancorp. However, the subsequent mergers and acquisition that were made by the bank did not improve the efficiency further, but led to its gradual decrease from 52.82 in 2005 to 41.7 in 2009. Fig 1 Year / ratio 2002 2003 2004 2005 2006 2007 2008 2009 Efficiency 52.28 49.34 47.44 52.82 48.53 45.5 44.6 41.7 ROA 0.81 095 1.02 0.91 1.0 0.98 0.96 0.86 ROE 12.42 14.48 15.98 16.64 18.54 19.61 17.07 13.90 BIS ratio 12.64 12.43 13.01 12.94 12.49 12.7 13.3 14.2 Non performing loans ratio 1.89 1.55 1.05 1.89 0.78 0.95 2.04 3.24 NPL Coverage 139.94 165.19 165.59 182.02 187.23 151 91 75 Gross profit margin 3.41 3.31 1.95 2.04 2.17 2.52 2.95 3.36 Table 1 Return on Assets ratios The return on assets ratio indicates the profitability of the bank when compared to the assets of the firm. Fig 2 The return on assets ratio indicates that initial mergers made by the bank in 2002 and 2003 led to increased performance of the bank. The return on assets increased from 0.81 in 2002 to 1.02 in 2004. However, the merger of the bank in 2004 led to reduced performance in 2005 as is indicated by reduced return on assets. The ratio rose to 1.0 in 2006 and then declined again gradually to 0.86 in 2009. Gross Profit Margin The gross profit margin indicates the profitability of an organization. The gross profit margin of Santander as indicated in table 1 fluctuated for the eighth years between 2002 and 2010. The ratio fell from 3.41 in financial year 2002 to a low of 1.95 in 2004 and began to rise again to a high of 3.36 in 2009. The fall and rise in the ratio indicates that initial mergers did not help in improving the profit of the company. However, subsequent mergers helped the company improve its profit. Return on Earnings This ratio measures the income that the bank realizes on invested shareholdersà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢ equity. Fig. 3 below provides the return on equity ratio for Santander Group since the year 2002. From the figure, it is clear that the mergers and acquisitions that the bank made led to the increase in performance that in turn led to increased return on investorsà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢ equity. Return on equity rose from 12.42 in 2002 to 19.61 in 2007 before declining to 13.9 in 2009. The increase in the ratio can be attributed to the mergers made by the bank during the period 2002 to 2006. Fig 3 BIS Ratio The solvency of a given financial institution such as bank is given by the BIS ratio. The ratio provides the capital of the bank that is risk bearing and the risk weighted assets. The BIS ratio is an international standard that measures the stability assets and capital of internationalizing banks. The ratio maintains a balance between assets and capital. Fig 4 The BIS ratio for Santander Group decreased from 12.64 in 2002 to 12.43 in 2003 before increasing to 13.01 in 2004. The ratio then continues to increase in subsequent years reaching a high of 14.2 in 2009. This indicates that although some mergers led to the decrease in the solvency of the bank, later mergers and acquisitions that were conducted by the bank led to increased solvency of the bank by increasing its capital adequacy. Non-Performing Loans Ratio This ratio measures the level where loans are at default due to lack of performance. The ratio for the Santander group fluctuated over time. It initially reduced from 1.89 in 2002 to 1.05 in 2004 only to increase again to 1.89 in 2005, 0.78 in 2006 and 3.24 in 2009 (see table 1). Non-Performing Loans Coverage Ratio The NPL coverage ratio measures any loss that a bank may realize resulting from loss of non-performing loans. The ratio is calculated by the division of probable non-performing loans by the total non-performing loans of the bank. The NPL coverage ratio of Santander has been improving over years especially since 2002 to 2009. The ratios was 139.94 in 2002 and it kept on improving to as low as 75 in 2009 (see table 1). The reduction in the ratio indicates the positive effect of mergers that have led to reduced loss that the bank could suffer form non-performing loans. Conclusion Santander Group bank has been involved in various mergers and acquisitions as outlined in the study. In all the mergers, the bank sought to exploit the available opportunities in the business environment in the banking industry. although some barriers such as insufficient capital has affected the merging and acquisitions of the bank leading to the sale of some of its subsidiaries, the group has always managed to come back and merge with other banks. The above ratio analysis indicates that mergers and acquisition of Santander Group had some effect on the performance of the bank. Santander Group has been involved in a number of mergers and acquisitions that have led to improved financial performance of the bank. Just as the literature review indicated that mergers and acquisition could lead to improved performance of the firm, the empirical findings of Santander group confirmed the findings. The ratios analysis indicated that not all mergers could improve the financial performance of the bank. While some mergers led to improved profitability performance that is designated by increased ROE, ROA and solvency, some mergers can lead to reduced performance indicated by fluctuating efficiency. In conclusion, mergers and acquisition lead to improved performance of an organization. Total word count 2685 (not including page 1 cover page).

Religion And Its Effect On Society - 1627 Words

Religion is a structured group of culture, beliefs, views that are related to humanity. These beliefs include the universe, human nature, laws of religion, lifestyles, and people derive morality. Religion studies and analyzes its concept, terms, arguments and practices. Religion affects our society in numerous ways, both can be in a good and bad way. With the different kinds of religion, one can choose which religion they should follow based on what they personally believe. In our country’s society, we respectfully allow people to practice on their religious beliefs even though some countries do not allow people to have freedom on what religion they choose. However, religion affects our society in positive and negative ways. We have so much freedom which our country gave us that religion can occasionally cause a conflict in our society. Some branches in religion can cause huge conflicts and arguments in our society because they do not get fair treatment unlike the others. Som e of these examples of arguments that affect our society that I want to discuss in this essay include the controversial debate on abortion, rules in regard to dressing and how they dress, their food preferences, terrorism, and marriages. Mostly these arguments are a result of people who are ignorant, close minded, and have views that are different from others. If people respect each other’s views and beliefs, the positive aspects may exceed the negative aspects. I chose this topic because religion isShow MoreRelatedReligion And Its Effect On Society Essay1183 Words   |  5 PagesReligion kills. It seems like such a disgusting sentence. It seems to turn up the noses of any creed, and uttering the phrase itself can lead to some intense, spiteful fears. Why is this? Perhaps the reason is the statement truly is a heinous word because everyone should follow the same faith. That solution provides no satisfaction. 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Robots Will Be Efficient Enough To Carry Out Multiple Tasks At Once

Question: Discuss About Robots Efficient Enough To Carry Out Multiple Tasks At Once? Answer: Introduction The case study is associated with a small scale Artificial Intelligence company that is based out of Brisbane, Australia. Innovation is a key element that distinguishes the organizations from each other and it is extremely essential to make sure that the organizations incorporate the element of innovation in their business activities and operations. The company in this case has taken a step forward to make use of robotics technology in its business activities that are related to mining, transportation and manufacturing. There will be a number of advantages and changes that will emerge with the adaptation of robotics technology in the business. There are several industries and organizations along with the individual users that are acquiring robots to accomplish the daily activities and jobs. There are several aspects that are related to robotics and use of robots in terms of their advantages, risks, applications and many more. The primary purpose of the report is to understand the use and application of robotics in association with the organization stated in the case study. The demands and requirements vary from one organization to the other and it is necessary to analyze the specific needs before moving on to the next step. It is therefore aimed to carry out an in-depth analysis on robotics and its applications for the organization and the domains that it deals with. The objective of the report is to highlight the advantages and list out the applicable robot types that may be implemented in the organization. Also, the risks that are associated in terms of security and ethics have also been covered in the report. Robotics Robotics is a branch of engineering and science that deals with the design, construction, development along with the application and deployment of robots as per the requirements of the application. There are several industries and organizations along with the individual users that are acquiring robots to accomplish the daily activities and jobs. Robots are nothing but the machines that are designed and constructed in such a manner that they can perform specific tasks and activities as per the programs and codes that are fed in to the machine. These are the automated machines that are mostly regulated and operated with the aid of a computer system or an application. There are several purposes that robots are designed as per the requirement and there are several categories and types of robots that are present. It depends upon the need of the user or the organization to choose from the robot category or type. Current Use Applicable Robot Types for the Organization The organization that has been included in the case study primarily deals in to three domains as mining, transportation and manufacturing. There are various operations that are involved in each of these three areas and robots will introduce enhanced automation in the tasks and activities. For instance, one of the robot types that will be applicable for this case will be mining robots. These robots will be efficient to perform the following tasks and more. Excavation activities will be easily carried out by the robots Detection of gases, minerals and other elements will be carried out by the mining robots There are several risks that are associated to human life and body in case of mining operations. Mining robots can be designed in such a manner that they can detect these risks and alert the human. Scanning of the abandoned mines and many of such unexplored areas may also be carried out. Similarly in case of transportation related activities, robots will be highly applicable and these transportation robots will carry out the following tasks and more. Advanced operations in automobiles and transportation engineering for risk management. Improvement of reliability of the vehicles by inclusion of crash avoidance systems and likewise (Koliubin, 2016). Sensor robots in the robots for prevention against the accidents and crashes. Use of robots in the maintenance of the vehicles. Manufacturing is one of the prime applications of the organization and robotics will find many uses in the area of manufacturing as well. Use of robots in the supply chain processes such as sorting through the incoming and outgoing packages, placement of the packages on the designated shelves, shipment of containers and likewise. Lifting of heavy objects and their placement on the desired location (Robinson, 2015). Organization and cleaning of the manufacturing area or location. Short Term Long Term Operations for the Organization The organization is already making use of Artificial Intelligence in its business operations and activities. For the short term operations, there shall be a detailed plan and a strategy that must be designed to understand the needs and application areas of robotics in association with the organization. Once the planning and analysis phases are completed, there shall be implementation of the robots in the non-critical areas for testing their performance and activities. These areas shall include robots for cleaning in manufacturing areas, robots for excavation activities in the mining operations along with the crash detection systems for the low intensity crashes. Once the performance of the robots is found considerable and satisfactory in these areas, there shall be a long term plan that shall be designed and implemented for their implementation in enhanced number of operations (Romero, Lozano-Guzmn, Betanzo-Quezada, Lpez-Cajn, 2014). The long term operations associated with the organization shall include the critical areas and critical operations in the field of mining, transportation as well as manufacturing. There shall be development and implementation activities carried out for the critical and long terms operations and these shall include the testing activities as well to highlight the associated defects and deviations. Advantages of Including Robotics There will be a number of advantages that will result out with the implementation of robotics in the organization. The overall production costs that will be associated with the organization will come down with the aid of a quick ROI that will overcome the initial cost of set up. Production will increase with the increase in the throughput speed. Also, there will be no involvement of breaks or vacations associated with the robots which will also reduce the cycle time that will be associated with the operations. It is necessary for any of the operations in mining, transportation and manufacturing activities to have high quality along with enhanced reliability. The precision that will be involved with the use of robots will be high every single time which will improve the quality. Also, in every repeated cycle, the specifications will be kept the same which will lead to reliable results (Soffar, 2016). Process flow will become more efficient as there will be a better utilization of the floor space available with the organization. Waste reduction and better waste management will be achieved as robots can be designed accordingly. The organization will be able to attract more number of customers as the quality and reliability of the operations will improve and there will be faster production and processing involved. There are many risks involved with the mining operations and other activities that are carried out in the domain areas of the organization. The workplace safety will improve with the involvement of robots. Robots will be efficient enough to carry out multiple tasks at once. Also, there can be simultaneous activities carried out with the aid of robots. Disadvantages of Including Robotics There will also be certain disadvantages that will be associated with the use and application of robots in the organization. The initial investment that will be required for the setup along with the cost of tools and equipment will be considerably high. It will be necessary for the organization to design the budget accordingly and have the expenses ready for the share. It is not certain that the use and involvement of robots in the organization will guarantee positive results. It might result in heavy losses for the organization if there is a lack of proper planning. Human intervention will be necessary for the activities such as tracking and monitoring of the robots. There will be training required for the same to make sure that the functionalities of the robots are understood (Granta, 2017). In case of a breakdown of failure of a robot, it may take a lot of time to repair the same. Also, the entire production line may get impacted because of it which would lead to sever losses for the company. Robots may be designed to minimize the waste associated with the raw materials and other operational activities. However, these machines will add up to the electronic waste that is becoming extremely difficult to manage in the present times. The organization will also contribute towards the same by making use of robots in its architecture. Robots are not the entities that follow the principle of design once and use forever. At the end of the day, these are the machines that will demand maintenance after a certain period of time. There will be maintenance costs that will be involved and there will also be human effort demanded in the same. Ethical, Social Legal Considerations Robots are the machines that are designed by humans for fulfillment of a particular task or an activity. There are several considerations that are associated with robotics in terms of ethics, social and legal considerations. The information that will be associated with the organization in the case study will be critical and sensitive irrespective of the domain area. The robots that will be designed for the organization may or may not have the security mechanisms installed to deal with the security of the information (Economist, 2012). The robots that will be designed for the fulfillment of the activities in the organization will lead to the replacement of the jobs which earlier employed human resources. There are huge numbers of employees that are engaged with the organization that carry out the activities such as placement of the packages in the shelves along with their arrangement, cleaning etc. Human resources also carry out several activities in the domain areas as mining and transportation. These job opportunities and job areas will slip out of the hands of the human resources with the development and implementation of robots (Hammond, 2016). The robots that will be designed for the organization will be designed as per the algorithms and the set patterns. In case of an uncertainty or a risk situation that has not been estimated earlier, there may be a situation of artificial study. The robots will be clueless about the steps that shall be taken and will not be able to make decisions without the intervention of human resources. Such a situation may lead to the emergence of many risks (Nature, 2015). There may also be malicious entities that may be involved with the organization that may design and implement a robot with the patterns that may lead to damage of the organization. Such robots will be specifically designed to cause harm to any of the organization components which will lead to compromise of the security and may also cause some of the legal obligations as well. Technology is developing and advancing itself with each passing day. In the present scenario, it is not a possibility that the robots may behave, think and emote like a human. It works only on the set patterns and algorithms that are designed and implemented in it. However, in near future, it is a possibility that the robots can be developed with human emotions and expressions installed and built inside them. In such cases, there may be situations of extremes that may come up which may become extremely difficult to manage and handle (Bok, 2012). Currently, there is no law that has been created around robotics for their management and developed. However, with the expansion of the technology and increase in the use of robots, there may be a necessity of development of a law for handling the robots (Liu, 2012). These ethical, social and legal considerations will be significant for the organization as the primary aim of the organization is to serve the customers in a better way. In case of emergence of any of the issues around these areas, there will be difficulty in achieving the goals (Mir-Nasiri, Hussaini, 2005). Conclusion Robots are the machines that are designed by humans for fulfillment of a particular task or an activity. Robotics is associated with the design, construction, development of the robots along with their application and deployment according to the needs and requirements. There are several industries and organizations along with the individual users that are acquiring robots to accomplish the daily activities and jobs. There are several aspects that are related to robotics and use of robots in terms of their advantages, risks, applications and many more. The organization that has been included in the case study primarily deals in to three domains as mining, transportation and manufacturing. There are various operations that are involved in each of these three areas and robots will introduce enhanced automation in the tasks and activities. It is necessary for any of the operations in mining, transportation and manufacturing activities to have high quality along with enhanced reliability. The precision that will be involved with the use of robots will be high every single time which will improve the quality. Also, in every repeated cycle, the specifications will be kept the same which will lead to reliable results. There will be many advantages that will be offered in terms of production cycles as well along with the disadvantages in terms of the set up costs and maintenance work. There are several considerations that are associated with robotics in terms of ethics, social and legal considerations. There will many ethical, social and legal considerations that will be significant for the organization as the primary aim of the organization is to serve the customers in a better way. In case of emergence of any of the issues around these areas, there will be difficulty in achieving the goals. Recommendations It would be necessary for the organization to make sure that a detailed planning and analysis is carried out before the types of the robots are identified and are developed for use in the organization. There shall be a detailed plan and a strategy that must be designed to understand the needs and application areas of robotics in association with the organization. Once the planning and analysis phases are completed, there shall be implementation of the robots in the non-critical areas for testing their performance and activities. These areas shall include robots for cleaning in manufacturing areas, robots for excavation activities in the mining operations along with the crash detection systems for the low intensity crashes. Once the performance of the robots is found considerable and satisfactory in these areas, there shall be a long term plan that shall be designed and implemented for their implementation in enhanced number of operations. The long term operations associated with the organization shall include the critical areas and critical operations in the field of mining, transportation as well as manufacturing. There shall be development and implementation activities carried out for the critical and long terms operations and these shall include the testing activities as well to highlight the associated defects and deviations (Ahn, 2012). References Ahn, H. (2012). A Framework-Based Approach for Fault-Tolerant Service Robots. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/54023 Bok, M. (2012). On the Robot Singularity: A Novel Geometric Approach. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/53779 Economist. (2012). Morals and the machine. The Economist. Retrieved 9 May 2017, from https://www.economist.com/node/21556234 Granta. (2017). Advantages and Disadvantages of Industrial Robots | Granta Automation. Granta-automation.co.uk. Retrieved 9 May 2017, from https://www.granta-automation.co.uk/news/advantages-and-disadvantages-of-industrial-robots/ Hammond, K. (2016). Ethics and Artificial Intelligence: The Moral Compass of a Machine. Recode. Retrieved 9 May 2017, from https://www.recode.net/2016/4/13/11644890/ethics-and-artificial-intelligence-the-moral-compass-of-a-machine Koliubin, S. (2016). Robotic transportation: self-driving cars|Control Engineering. Controleng.com. Retrieved 9 May 2017, from https://www.controleng.com/single-article/robotic-transportation-self-driving-cars/56776cde87d8cbe03669ddd3ec9a30a7.html Liu, C. (2012). Target Tracking for Visual Servoing Systems Based on an Adaptive Kalman Filter. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/52035 Mir-Nasiri, N., Hussaini, S. (2005). New Intelligent Transmission Concept for Hybrid Mobile Robot Speed Control. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/5784 Nature. (2015). Robotics: Ethics of artificial intelligence. Retrieved 9 May 2017, from https://www.nature.com/news/robotics-ethics-of-artificial-intelligence-1.17611 Robinson, A. (2015). Exploding use of Robotics in Logistics and Manufacturing. Transportation Management Company | Cerasis. Retrieved 9 May 2017, from https://cerasis.com/2015/07/06/robotics-in-logistics/ Romero, J., Lozano-Guzmn, A., Betanzo-Quezada, E., Lpez-Cajn, C. (2014). Robotics and Road Transportation: A Review. Intelligent Robotics And Applications, 467-478. https://dx.doi.org/10.1007/978-3-319-13966-1_46 Soffar, H. (2016). Advantages and Disadvantages of using Robots in our life | Science online. Science online. Retrieved 9 May 2017, from https://www.online-sciences.com/robotics/advantages-and-disadvantages-of-using-robots-in-our-life/