Financial services Essay Example | Topics and Well Written Essays - 1000 words

Financial services - Essay Example Their qualifications are monitored and approved by the Financial Services Authority (FSA) which is a regulatory body for the UK financial services sector. There are over four hundred financial advisors in the UK financial services industry, guiding the clients regarding investments in the FTSE, stocks bonds, mutual funds, derivatives and other financial products. However, currently in UK the financial advisors are disappointing their clients by not providing the appropriate advice in the tough times of stock market volatility and economic slowdown. The times when people need their advice the most they are reported not fulfilling their duties promptly. â€Å"Not many people are the fans of the financial advisory industry in its current state in the UK, as most advisors are, when it comes down to it, just salespeople on commission.† (Dunwiddle 2008) Every individual in UK gets investment allowance and they need these advisors to help them with their investment decisions. However , the general impression shows that these advisors increase their wealth based on their clients’ money. Retail banks on UK are technology and service oriented offering customers with greater protection, more choices and competitive rates. The Lloyds Banking Group, HSBC, RBS and Barclays are some of the major names in the UK retail banking. Currently UK is witnessing a decrease in the retail banks’ branches and the increase in the Automatic Teller Machines (ATMs). â€Å"To operate in the retail markets banks have traditionally required an extensive branch network. However, technological developments in particular the growth of automatic teller machines (ATM) networks, phone/internet banking, mobile phones and interactive digital television has enabled a new type of bank that does not need branches to conduct business. In UK the pioneer was First Direct, which began its telephone bank in 1989 and is an operation of HSBC.† (Buckle and Thompson 2004) Thus these bank s involve advancement of loans, and acceptance of deposits, customer credit services through credit cards and overdrafts etc and many other financial services. As per the requirement of the Bank of England they maintain their required cash ratios and other requirements. They are key players in regulating the money supply and providing customer with a protected, competitive and reliable financial services network in the United Kingdom. b. Customer Expectations v/s Financial Advisors & Retail Banks The financial advisors, who always face the risk of furnishing rosy pictures of investments to their clients, need to put extensive efforts to gain and maintain customer expectations and meet customer expectations. Recently, the Financial Services Authority (FSA) has been working on Treating Customer Fairly (TCF) and its outcomes and requiring all firms to present correct and proper information. The financial advisors try and validate the information provided to their clients through report s and researches. The appreciation of customer expectation for a financial advisor is difficult because the advice of the advisor does not guarantee success as other factors market and economic are responsible for the outcome of the investment. â€Å"One problem in the investment service industry is that the outcomes of investment decisions are largely beyond the control of investment advisors and investment managers.† (Redhead 2008) Thus in orders to appreciate the customer expectat

A topic based on a form of mass media Essay Example | Topics and Well Written Essays - 750 words

A topic based on a form of mass media - Essay Example Nonetheless, the vast majority of print media have been unshaken by the new wave of online technology where people can easily access online newspapers. Although the advent of online newspapers has posed a great challenge to the print media, the role of print media cannot be overemphasized, particularly in the modern society (Klein, 2009). In this respect, this paper explores and examines the role and future of print news media, especially with regard to the advent and dominance of internet news sources that have had an adverse impact on print news media. Although Gutenberg’s discovery changed the way print media operated in the 15th century, successive technologies in news broadcasting such as television and radio have continued to offer alternatives to print media (Free style marketing, 2014). More recently, the introduction of internet technology has enabled the dissemination of news through the digital media, a development that has not resonated well with the profitability and future of print new media. The leading newspapers like The New York Times and The Washington post, have survived the turbulent broadcast industry amid the introduction of digital news media such as cnn.com and bbc.com (Klein, 2009). Despite the fact that the digital news media have mushroomed in the recent past, they have not been able to phase out the print news media completely because both complement each other (Warner, 2011). In as much as the print news media has managed to stay in the market amid stiff competition from digital news media, it is worth noting that most of the public have shifted to online platforms. Indeed, the vast majority of newspaper readers now read the news in the digital news media using their phones, laptops, and personal computers (Free style marketing, 2014). It means that the print news media have to compete with the digital news media for the same audience at any given time (Warner, 2011). The biggest advantage that the digital news

Journal paper Essay Example | Topics and Well Written Essays - 250 words - 1

Journal paper - Essay Example There is, therefore, need to find a viable and cheaper means to handle the illness. The implication of this research is that cinnamon could be used alongside other forms of treatments to regulate blood pressure and blood glucose in type 2 diabetes patients. This experiment was conducted according to proper scientific method. First, it has a hypothesis to be tested (Kumar, 2005). The experiment aims to prove that cinnamon may be used to lower blood pressure and glucose in type 2 diabetes patients. Secondly, the experiment uses scientific methods of collecting data. These are sampling, observation, description and the use of measurements (Kumar, 2005). It has a sample of 58 respondents on an intake 2g of cinnamon every day for 12 weeks. An observation is made at the end of the 12 weeks. However, additional research is needed to establish the efficacy of cinnamon in lowering blood pressure and blood glucose in type 2 diabetes patients. Further experiments are needed to establish the compatibility of cinnamon with other dietary options for managing diabetes. Therefore, further experiments need to administer cinnamon alongside other dietary options. Nevertheless, this research is useful in the management of type 2

Police Policies and Evaluations Term Paper Example | Topics and Well Written Essays - 750 words

Police Policies and Evaluations - Term Paper Example This makes it hard for the police to go against the generic plans that are already in place and go beyond the expected resources available to them so that they can respond to all citizen calls for service. The police have no say over their needs, policies, resource levels, as well as resource allocations because their field commanders are in charge of these processes (Chambliss, 2011). For example, police may need to respond to some citizen calls in areas that have high crime activity as speculated by the generic plans. The police already have a statistical analysis that tracks all emergency calls that shows them the hot spots of illegal activity. When the police receive these emergency calls, they many not respond immediately to the emergency calls because the generic plans requires them to try and monitor the localities by effectively using police resources so that they can wait for the right time for the police to generate the most momentous results instead of responding to every emergency call that they receive from high illegal activity areas (Rosenbaum, 1993). Another reason why provision of a rapid response to all citizen calls for service is not an effective use of police resources is because their tactical flexibility is relentlessly limited, for example, patrol, criminal investigations, and traffic. The police are deployed geographically and through functionality, and some officers can respond to some emergency calls while others cannot. If other police officers not expected to respond to such emergency calls, they may have to use extra resources, which the police department may not be able to cater for. A number of police officers are assigned radio cars and not all of them. Therefore only these police officers can respond to emergency calls because they are the only ones supposed to utilize such resources for emergency calls because if all police officers had radio cars, almost all of them would respond to one emergency call and that is ineffective use of police resources (Carr et al., 2007). Tight budgets and small police departments accountable for many groups of people are other reasons why provision of a rapid response to all citizen calls for service is not an effective use of police resources. If the police were to respond to all emergency calls rapidly, they might be using more than the resources assigned to them through tight budgets and a small number of policemen in the department. They might have to make emergency calls from high crime areas a priority compared to calls that might not have so much of an emergency. To the police, they will be using their resources effectively because the amount of resources that have been allocated to that department cannot cater for every emergency call that they receive. On the other hand, the citizens will feel that the police do not use their resources effectively or else they would respond to each and every emergency call even with limited resources (Research Management Associat es, Inc., 2004). Another reason why provision of a rapid response to all citizen calls for service is not an effective use of police resources is because some of the emergency calls made by citizens can be hoaxes or instances that the calls do not actually have to be checked out. Use of police resources requires to be accomplished at minimum costs or the resources should be utilized in the most dynamic and productive way probable. When some emergency calls go through to the police depart

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

Philosophy - Essay Example America’s Visions Different continents in the world have dissimilar myths about human identity. For instance, in America, the first story is on Emergence, which states that all human being came from a different world and settled in the one they are currently living. The other world, which is the womb, is considered as the earth mother. This emergence is often referred to as giving birth. The midwife in this case is a female who is like a spider woman. In this emergence story, the male human beings are not featured anywhere. In this case, the formation of human beings is often done in dissimilar stages of growth and change. This is necessitated by inner forces in the womb, and finally the people emerge from a hole and eventually settle in their present homes. The ex nihilo story is found in many cultures, America included, which means â€Å"out of nothing†. Human identity is brought about by the thought of a creator who through his dreams and breath was able to form a hu man being. Through the creator’s bodily secretions, they believed that a being would be formed because of that. This is solely from within the creator who does not exist in the physical world. Another story is the world parent, which describes the union of two parents when they are both disjoined from one another. These two parents are referred to as the Sky and the Earth, which describes the male, and female respectively. ... East Asia In East Asia, and particularly Japan, their vision of human identity was similar to the American and Central Asian cultures. At first, there was chaos, and out of it came light that formed the sky. It later formed the earth. Both the sky and the earth formed various creations and it is at this time that the roots of two people Yang and Yin who were male and female respectively begun to grow in the sky and the earth. At this time both of them were united together and they started separating to create a man and another light brought another person who was like him and he taught him to make clothes to cover himself because he was naked. Another version is of how a bird was sent under the water to create a land inside the water where people can live. The bird then went splashing water apart with its feet at the same time creating the earth when people will live. They believe that their ancestor was a bear because of their hairy bodies. They also believe that two people a male a nd a female were sent to the earth and had a son from where they originated. Australia and the Pacific vision A vision on the Australian myths was about analyzing every animal and its features, which included why the emu has long legs, why the snake has no legs and the reason why the koala has no tail among others. They tell of the formation of the Milky Way and the migration of animals to Australia. They tell of how the first humans came into existence in the continent and how the beginning came into existence. They believed in a wondrous being that went all over the world creating trees, animals and everything in the world and lastly created human beings. African Vision In

Economic Essay Example | Topics and Well Written Essays - 1000 words - 4

Economic - Essay Example There are even stray reports of tribes, scavenging the barren earth to seek out any plant life, or sapling which may have grown under cover and beneath the rocks. Concerted efforts have been made to serve cooked food at many centers, and even dry food packets have also been distributed from various locations in order to tackle this menace. The effectiveness of these adopted strategies can be felt to a great extent, but to completely wipe out this menace from the earth’s face, needs a long drawn and sustainable fight. It is indeed an irony, that when hunger and malnutrition is so rampant, large tracks of cultivable land explicitly for agricultural production, is being covertly and illegally altered to cultivate the highly profitable ‘poppy’ crop. The cash rich small farmers brave the authorities’ eyebrow, and a few corrupt officials are bought off by the powerful lobby of drug mafias, not only in Africa but in a few countries of Latin America. The world authority is striving hard, but political boundaries often act as a hindrance. The following table and illustration will make the gap between the income of developed and developing economies prominent: The prominent height of the two columns corresponding to the nations of America and UK shows the stark difference in individual level income or wealth from that of the developing economies of China and India. However, in these less developed countries of the world, the problem is not restricted to the cultivation of ‘poppy’ only by a restricted few – the signs are ominous enough! A whole new generation has been entrapped in its grip. It is quiet widespread in the towns and cities, and that too, among a cross- section of the society who can ill afford to. It is indeed a tragedy that the less fortunate strata among these less developed countries are its worst victims, who could otherwise have lived a life not so mucky and enslaved. The rehabilitation

World literature Essay Example | Topics and Well Written Essays - 250 words - 2

World literature - Essay Example From the epic of Gilgamesh, after the loss of a close friend Enkidu, Gilgamesh learns how to apply wisdom in solving problems at different times and challenges. In addition, he also learns about death as he had a perception of overcoming death. Thus, he fears for his life and seeks to find solution that can overcome death (Bakker, 2013). In his journey, he displays wisdom when dealing with man scorpions. This shows the societal value for wisdom as a virtue in solving diverse predicaments and dilemmas (Bakker, 2013). The epic thus, illustrates human fear of death that compels Gilgamesh to set for a journey seeking immortality. Women are also significant in the transformation of an individual’s characters and roles in the society (Bakker, 2013). From the epic of Gilgamesh, Shamhat played significant roles of transforming Enkidu to human kind (Bakker, 2013). In addition, she also facilitated his friendship with Gilgamesh. This illustrates the role of women in the establishment of peaceful coexistence in the society. Conversely, Odysseus, the hero from the epic Odysseus  expresses outstanding attributes in dealing with his challenges. Some of the outstanding qualities that help Odysseus survive his journey include the following, wisdom, patience, courage, leadership abilities and perseverance (Bakker, 2013). Despites the physical hardship that he faced, he was still determined about reaching home to see his family safely (Bakker, 2013). In addition, his patience and wisdom are importance as it enabled him saved his men from the dangers of Cyclopes’ Island ensuring their safety. This epic illustrates the need of using one’s naturally gifted abilities not just for an individual gain, but for the benefit of others as