Public bank management Essay Example for Free

Public bank management Essay 1.Introductions The model of the Five Competitive Forces was developed by Michael E. Porter that becomes an important tool for analysing an organizations industry structure instrategic processes. This model is applicable to the banking industry. Public Bank do compete with the other financial institution in Malaysia, however they also must cooperate with one another in many respects. There is an underlying problem which is the banks in Malaysia are so similar that there is essentially nothing one of them can do that the others cannot easily duplicate 2. Five Forces Analysis a. Threats of new entrants Malaysia has not put a barrier to entry for any financial institution manly banks in Malaysia, thus making it easy for any financial institution to penetrate into the industry. b. Bargaining power of suppliers a bank has three suppliers of its product, money: 1. Its depositors has no bargaining power whatever in reality. If they make time deposits the bank will set the price or interest rate it will pay. 2. The credit market the credit market as a source of supply of the raw material, money, is open to all at all time if they are qualified participants. The source of supply can be argued to be infinite. 3. The central bank The Central bank is effectively the resource of last resort. Apparently, at least for the moment, it will continue to supply liquidity to the banking system in virtually unlimited quantities at very reasonable cost. c. Bargaining power of buyers In the banking industry, customer have has very limited bargaining power. However the customers may option in changing to other banks that they think is offering a better offer than Public Bank. c. Threat of substitute product For the most part there is no real threat of substitute products in the banking industry. However there probably will be continues evolution of  products from paper to electronic in coming years. This is an area of potential competition for whomever banks that choose to use it in their services. d. Rivalry among competitors Generally all banks offer somewhat the same products and services to their customers, thus there is not much differentiation between Public Banks and the other competitors. This is making the competition much higher. Public Bank is actually ranked as the top banks earners in Malaysia in 2009 alongside with Maybank, Bumiputra Commerce, RHB Capital and Hong Leong Bank. 3. Table 1: Method used to identify opportunity and threat for Public Bank using external environment factors and industrial environment factors.(Factors under industry environment are derived from Porters Five Forces). 4. Opportunities 1. Economic growth Malaysia had definitely have been more economically stable and improving, thus financial institution such as Public Bank are needed to aid the overall development of the country. 2. Government policy Encouraging borrowings, loans, investment and consumption demand. 3. Awards and accolades Through recognition, Public Bank can project a positive image to their customers 4. Market share Public Bank has the highest market share for the private sector unit trust business, thus having a larger customer base. 5.  Low switching cost Nowadays it is easy for any customer to switch to other banks with just a click away, making the switching cost to be faster and cheaper, making it easy for the customers to switch to Public Bank. 5. Threats 1. Substitute product/service are available There is a potential competition to whomever banks that choose to upgrade their product and services to cater to their customers need. Maybank for example provide a customer friendly interface through their website www.maybank2u.com, and it became the most visited website in Malaysia. 2.Substitute performance Maybank, Bumiputra Commerce, RHB Capital and Hong Leong Bank are Public Bank competitors and each is recognized for their performance. This will make the competition even higher. 3. Customer switching cost Other than being an opportunity, switching cost can also be a threat for Public Bank as the customers can also easily switch to other financial institution. 4. Government legal barriers There are no barriers that the government put for any legal financial institution to enter in the industry, making any new entrants penetrate into the market share easily. 5. Exit barriers High exit barriers in the industry are making the competition between Public Bank and the other competitors are even higher. 6. Conclusion Porter Five Forces Model are used to identify how the forces affect the attractiveness and profitability of Public Bank, and through this forces, the factors that influence these forces are used in the table 1, to identify Public Bank opportunities and threats. By identifying Public Banks industry environment, the company can improve and sustain their product and services for their customer, ultimately improving their performance.

Essays on Death and Suicide - I Will Survive Suicide :: Personal Narrative Essays

I Will Survive Suicide    After several years, the pain comes and goes.   At home I have become so used to the few pictures and momentos of my mom that I hardly see them unless I purposely decide to look at them.   In my voluteer work after school,   I find that once again I can concentrate on things.  Ã‚   Only once and a while, something will trigger a memory.   Occasionally, I go for periods of time feeling sad, but my work with children and my friends and family keep me focused.   I feel confident in my abilities and feel much stronger than ever before.   It has been a monumental amount of work to get to this point.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      At first, hour by hour I felt like I had to force myself to do everything.   Force myself out of bed, get dressed, drive the car without crashing it, study, make phone calls.   All these things seemed so impossible, so meaningless.   Little by little, day by day, I regained my strength, my sanity, my confidence.   Several years seems painfully long and wistfully short, all at the same time.   But I now know that I can survive.   I still have strong faith that God cares for us, maybe not in the way we think is best, but in His own way and in His own time.   The glimpse I had of my mom at her death and the other events surrounding those next few days convinced me of the loving care of God for all his children, and His forgiveness, even after suicide.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      I have committed myself to finding ways to help others. Whenever I find myself getting sad, I try to think of someone else who needs care and comfort.   I wish with all my heart that suicide could cease, that no one else would have to suffer this pain.

Immanuel Kant S Moral Theory Essay

Although Kant’s moral theory makes many great points about fairness and equality, the negatives of the theory outweigh the positives. Kant’s moral theory would never be able to function in today’s society. His theory is based solely on always fulfilling your moral duty. Which would be impossible since once someone told a lie or showed emotion everything would fall apart. Due to the fact that everyone wouldn’t trust anyone anymore which wouldn’t end up well. Deontology is defined as the theory of duty. Kant’s moral theory can be categorized as a deontological theory, due to his belief that you have a moral duty to fulfill (Kant 114). Kant believes that all people have intrinsic or inherent value. Which in simple terms mean that we as human beings are held to a higher standard; to know what is right and wrong (Kant 114). Kant states that there are only two principles for an action to be morally right. First, you must have done the action out of the motivation of good will. Kant defines good will as â€Å"To act out of duty, out of a concern and respect for the moral law†(Kant 114). Good will plays a very important role on assessing the moral worth of an action. Kant explains that you can’t just have good will for an action but also you must do the right thing. So without good will you couldn’t determine any action morally right. The second principle is that the action must conform to moral law. If you follow these two Blezien 3 principles the outcome being good or bad is not your responsibility (Kant 113). Moral law is universal and is determined by categorical imperatives. The use of categorical imperatives plays a big role in Kant’s overall moral theory. The first categorical imperative formulation is â€Å" Act only on that maxim that you can will as a universal law† (Kant 116). This categorical imperative applies to everyone and focuses on your thought process before you act on something. You must ask yourself is what I’m about to do something I can approve of others doing on the regular? If you can’t approve of others committing the same act then your action wouldn’t pass the categorical imperative test. Kant’s second formulation is â€Å" Always treat humanity, whether in your own person or that of another, never simply as a means but always at the same time as an end† (Kant 117). The second categorical imperative applies to your individual self and everyone else. This imperative focuses on how you should always acknowledge everyone’s value and existence. There is never a time where you should use someone or let someone use you. My first time reading about Kant’s moral theory I thought there were only weaknesses. After I spent more time analyzing the theory, I found that there are both strengths and weaknesses. A strength that I found was how Kant really expressed that everyone is to be treated equally. Kant says that since all humans are rational beings that we are all capable of respecting others. This is a strength because with everyone using their moral obligation to treat each other equally things would be a lot easier. People would not only consider themselves before acting on something but they would have to make sure they are Blezien 3 considering the moral thing to do. If this idea of equality were universal and followed by everyone; there would be a lot less violence, depression, and racial tension. Which would leave everyone overall satisfied since everybody is following the moral law. A critical weakness I found in Kant’s moral theory is that he says there is a right and wrong for everything. This is a weakness because; there are many examples where using good will isn’t the best answer. For example when I read that Kant suggested that if a killer comes to your house; and asked where your friend is to kill him you must tell the truth. That seems a little extreme and I have to disagree that would be the best thing to do. Your emotions would sure be going crazy which already makes your answer morally wrong according to Kant. He needs to know where to draw the line and shouldn’t be only on one side. In this paper I have described the basic principles of Kant’s moral theory. I have learned that without having a good will you can never be morally right according to Kant. His categorical imperatives show a lot of fairness and equality, but when it comes down something simple like lying to someone who wants to kill your friend to save your friends life you’re not morally correct. Overall, Kant’s moral theory was very interesting to study how philosophers thought back then. I wonder what Kant would think if he knew how much we let our emotions affect our decisions.

Records of Births, Marriages, and Deaths in Australia

Australia is a country of immigrants and their descendants. Beginning with the establishment of New South Wales as a penal colony in 1788, convicts were sent to Australia from the British Isles. Assisted immigrants (immigrants who had most of their passage paid by the government), coming primarily from the British Isles and Germany, first began arriving in New South Wales in 1828, while unassisted immigrants first arrived in Australia as early as 1792. Prior to 1901, each state of Australia was a separate government or colony. Vital records in a particular state typically begin at the time of the colonys formation, with earlier records (except for Western Australia) found in New South Wales (the original jurisdictional body for Australia). New South Wales The New South Wales  Registry has civil records from March 1, 1856. Earlier church and other vital records, dating back to 1788, are also available, including a Pioneer Index 1788-1888. Registry of Births, Deaths, and Marriages191 Thomas StreetPO Box 30 G.P.O.Sydney, New South Wales 2001Australia(011) (61) (2) 228-8511 Online: NSW Registry of Births, Deaths, and Marriages offers an online, searchable Historical Index of Births, Marriages, and Deaths which covers births (1788-1908), deaths (1788-1978) and marriages (1788-1958). Northern Territory Birth records from August 24, 1870, marriages records from 1871, and death records from 1872 can be ordered from the Office of the Registrar. You can contact them at: Office of the Registrar of Births, Deaths, and MarriagesDepartment of LawNichols PlaceG.P.O. Box 3021Darwin, Northern Territory 0801Australia(011) (61) (89) 6119 Queensland Records from 1890 to the present can be obtained through the Queensland Office of the Registrar General. Birth records for the past 100 years, marriage records for the past 75 years, and death records for the past 30 years are restricted. Check the Web site for current fees and access restrictions. Queensland Registry of Births, Deaths, and MarriagesOld Treasury BuildingPO Box 188Brisbane, North QuayQueensland 4002Australia(011) (61) (7) 224-6222 Online: A free online Queensland BMD historical index search tool allows you to search Queensland birth indexes from 1829-1914, deaths from 1829-1983, and marriages from 1839-1938. If you find an entry of interest, you can download (for a fee) an image of the original register if it is available. Many of the more recent records are still available only in certificate (non-image) form. You can order printed copies to be sent to you via mail/post. South Australia Records from July 1, 1842, are available from the Registrar of South Australia. Births, Deaths and Marriages Registration OfficeDepartment of Public and Consumer AffairsPO Box 1351Adelaide, South Australia 5001Australia(011) (61) (8) 226-8561 Online: Family History South Australia includes a wealth of databases and articles to assist people researching their South Australian family history, including indexes to Early South Australian Marriages (1836-1855) and Gazetted Deaths (sudden deaths) (1845-1941). Tasmania The Registrars office has church registers from 1803 to 1838, and civil records from 1839 to the present. Access to birth and marriage records is restricted for 75 years, and death records for 25 years. Registrar General of Births, Deaths, and Marriages15 Murray StreetG.P.O. Box 198Hobart, Tasmania 7001Australia(011) (61) (2) 30-3793 Online:  The Tasmanian State Archives has several online vital records indexes, including indexes to Tasmanian divorces and convict applications for permission to marry. They also include an online Colonial Tasmanian Family Links Database (an index to records of all births, deaths, and marriages for the period 1803-1899 which were created by the Tasmanian Registrar of Births, Deaths, and Marriages). Victoria Birth certificates (1853-1924), death certificates (1853-1985) and marriage certificates (1853-1942) are available from the Registry, as well as records of church baptisms, marriages, and burials 1836 to 1853. More recent certificates are available with restricted access. Victorian Registry of Births, Deaths MarriagesGPO Box 4332Melbourne, Victoria, 3001, Australia Online: Victoria Registry of Births, Deaths, and Marriages offers, for a fee, an online index and digitized record copies of Victoria Births, Marriages and Deaths for the above mentioned years. Digitized, uncertified images of the original register records can be downloaded immediately to your computer upon payment. Western Australia Compulsory registration of births, deaths, and marriages started in Western Australia in September 1841. Access to more recent records (births 75 years, deaths 25 years, and marriages 60 years) is restricted to the named individual and/or next of kin. Western Australia Registry of Births, Deaths MarriagesPO Box 7720Cloisters SquarePerth, WA 6850 Online: The Western Australia Pioneers Index is accessible online for free searching of consolidated birth, death and marriage indexes for the years between 1841 and 1965. Additional Online Sources for Australian Vital Records The FamilySearch Record Search Web site hosts free searchable indexes of Australian Births and Baptisms (1792-1981), Deaths and Burials (1816-1980) and Marriages (1810-1980). These scattered records do NOT cover the entire country. Only a few localities are included and the time period varies by locality. Search for and locate vital records from across Australia that have been submitted by fellow genealogists at the Australasia Births, Deaths and Marriage Exchange. There are only 36,000 records from Australia and 44,000 from New Zealand, but you might just get lucky! The Ryerson Index includes more than 2.4 million death notices, funeral notices, and obituaries from 169 current Australian newspapers. While the index covers the entire country, the biggest focus is on NSW papers, including more than 1 million notices from the Sydney Morning Herald.