Investing in Real Estate in Germany Financial and Labour Forces to Consider

Goals of Education Free Essays

Ani Antonyan Goals of Education has been assuming a somewhat significant job in the improvement of humankind since the beginning of mankind. It has sat back periods and, thus, through various modes. Indeed, even lords and sovereigns of dull occasions joined incredible significance to training as in it they saw the eventual fate of their countries. We will compose a custom exposition test on Objectives of Education or on the other hand any comparative subject just for you Request Now We likewise ought to acknowledge what an incredible job it plays in our lives and later on for our nations. Actually instruction is basic for each person to build up its character and discover its place in the general public, then, as we probably am aware, every general public and country, comprises of people , in this manner it is huge for progress of nations also. Taught individuals are progressively certain and typically comprehend what they need from this life. Instruction assists with framing character and create character. It shapes basic reasoning , and investigative capacities which are significant for every individual who needs to accomplish statures . The more you study, the more you have to examine , along these lines an interminable procedure of learning begins. While you study your cerebrum is working. Also, this is the promise of remaining youthful and fiery. After all let’s not overlook that it gives us unique capability to secure positions and win our living. Instructed individuals are required in every circle of life and it is extremely unlikely out without them, since they can exhibit proficient treatment. It is a general information that the entire comprises of parts. A similar way the general public comprises of people, who live, work and impart inside the extents of that society . In this way the many taught individuals structure the part of society the more it is inclined to progress. That’s why such a significant number of governors are worried to have instructed age who will commendably value the legacy they have and add to it developments so as to leave it for next, ideally progressively taught age. Hence , the primary objectives of training are helping individuals to be progressively educated and fearless and keep the cerebrum in sound condition . Having gotten commendable instruction you can essentially be valuable to your nation and such individuals as you. Furthermore, being instructed you have more prospects to get a decent line of work and to give an advantageous living to yourself and your family. At last let’s remember that it is fascinating to speak with an individual who’s instructed. Thusly, it is difficult to disregard the hugeness of training. Step by step instructions to refer to Goals of Education, Essay models

Dear Sugar, Cant wait to meet you.

Dear Sugar, Cant wait to meet you. Its easy to get lost in Sugar-Land; the melodic, smooth writing, and careful, caring words. Its hard not to wish you knew Sugar, while at the same time enjoying the magic of the secret fairy godmother figure, who has all the answers to lifes difficult questions. On February 14 (next Tuesday), after more than five dozen anonymous, beautifully, heartfelt written letters to people who write her weekly, Sugar will be telling the world who she really is. According to Isaac Fitzgerald (Managing Editor of The Rumpus, where Sugars columns run), we love the shit out of Sugar, and she made the choice to come out, as it were, because she has a book coming out soon! Why does this matter? Why should YOU care if Sugars identity is going to be revealed and (to add a cherry on top of an already delicious sundae) has a book coming out soon? Read on. How is it that one person can know exactly what to say all the time, in any situation? On top of knowing what to say, the ability to say it in a wise, caring, and  right  way (yes, there is a right way and Sugar always seems to know what it is). You may argue that its because she gets to pick the letters that she responds to, and this would be true. She doesnt get to pick the letters that she receives, though, so her control in that department is limited, and she has covered enough subjects for her readers to know that it is not in one particular area in which she has been given so much wisdom. Ive been told Im a good advice giver; I know I  am  a good advice giver. However, the difference between Sugar and me is that she cares about everybody and I only care about people I know.  That may sound harsh, but Im trying to be honest so that you can see how stand-out Sugar is. I adore my family, I love my friends, Ive even cared deeply about co-workers. Ive been a sister, daughter, niec e, cousin, friend, significant other, and care-giver, so I have no shortage of areas in my life where I give emotional support, but it tires me to do so even for these people that I love the very most in the world. Sugar has a life of her own outside The Rumpus screen, yet she is still able to fully empathize with each letter that she answers in a way that makes your heart melt and your brain think that she must  she must   care about the person whom she is writing to (and the rest of us who are stooped over our screen waiting for Sugar to make it better). Ive laughed at myself before, wishing I would be like Sugar (who so very often reminds me of my mother) when I grow up, but at 32 I know Im quite grown, and will (unfortunately) probably never be like Sugar. This is exactly why I like her so much. She is a better person than most of us, and she can articulate that goodness in the most delicious way. Her goodness does not stem from purity or propriety, it comes from her humanity. She is truthful and real, while giving her readers their medicine in transformative, replenishing doses. Reading just one of Sugars letters can leave you filled with the idea that you can actually be a better person that maybe someday you can be more like Sugar. It has been mentioned that revealing Sugars identity might take the magic out of her words and I was terrified that it will because what she does is so important but, in her letter addressing this very issue, Sugar calmed my fears by reminding us that not only do some people already know who she is (and it hasnt negatively affected their idea of her), but also, more importantly, she tells her readers this The magic of anonymity for women writers throughout history is that it allowed them to publish their work. They wrote under male pseudonyms or they didn’t sign their names at all. A woman’s name on a poem or essay or story or play was the opposite of magic. That has gnawed at me. Virginia Woolf famously said “anonymous was a woman,” but I never intended to be one of those women. I owe them too much to be. Sugar, from  Column #94: The Amateur While you have a bit of time this week, might you stroll by The Rumpus and get to know Sugar? Im not saying this for her benefit (Sugar is beloved already), Im saying it for yours. Because someday, youll remember that you once read an article about an amazing writer who used to go by the name Sugar and you had the chance to experience the occasion of learning who she really was but you missed it because you didnt take the time to care. I dont want you to be sorry about that. I dont want you to be like the people who missed Woodstock because they were afraid to go. Or those who werent paying attention when Currer Bells books started to be printed under Charlotte Brontë. Or me, who stumbled upon, and fell in love with a writer (Helene Hanff) just a bit too late to have written her a letter (of which she was famous for responding to) telling her so. Go meet Sugar now, and enjoy the huzzah of the revealing, and tell your children that you once knew (soon-to-be-revealed-writer), who once wrote as Sugar and you remember the rush of learning her true identity. Im telling you, shes that good. *** Need help getting started in Sugar-Land? Heres where Sugar tells writer Elissa Bassist to write Not like a girl. Not like a boy. Write like a motherfucker. And heres where she tells her 20 year-old self to be brave enough to break your own heart. Its okay, you can cry over it a little; I did. Or maybe youd like to read the one where author Lidia Yuknavitch interviews Sugar, and we get a little more insight into who Sugar is. And if youre brave, youll read the one where Sugar writes to a woman who had a terrible thing happen to her, and tells her that the place of true healing is a fierce place. It’s a giant place. It’s a place of monstrous beauty and endless dark and glimmering light. And you have to work really, really, really fucking hard to get there, but you can do it. Sign up to Today In Books to receive  daily news and miscellany from the world of books. Thank you for signing up! Keep an eye on your inbox.

Counterfeit Goods And The Global Market - 1590 Words

2nd ECOFIN Kingdom of Belgium Counterfeit Goods in the Global Market Reducing the Frequency of Counterfeit Goods in the Global Market Introduction Despite counterfeit goods’ deceiving social perception, the act of manufacturing and the buying of counterfeit goods or copied products is highly destructive to the overall function of the global economy. On account of its appeal to those looking for a low risk, high profit system, many get involved in the distribution of illegal goods through source countries including China and transit countries like Egypt and Singapore, with the help of typologies such as parallel trading. Unbeknownst to the common people is the economic, environmental, and health risks that this process produces. In the sale of counterfeit goods, criminals manage to bypass tax revenues, decrease employment opportunities, exploit labor through low wages, decrease company liability, and misuse ingredients in pharmaceuticals which ultimately lead to a variety of intellectual property violations.1 Ultimately, it is in the best interest of the public to identify the tactics used by criminals in an attempt to r epudiate detection, all while compromising company security and international, transborder authority. Belgium is currently a member of the European Union wherein goods traveling through borders are highly regulated according to the Customs Regulation. Nonetheless, Belgium’s central points of entry and concern include the harbours of Antwerp, Zeebrugge, andShow MoreRelatedLouis Vuitton Porters Five Forces Analysis1298 Words   |  6 PagesDescribed in this paper is Louis Vuitton’s (LV) evaluation of the external and the global environment of LV in Japan. We will discuss the remote, industry, and operating of the external environment along with the factors involved in the global environment utilizing the S.W.O.T., P.E.S.T.L.E., RVINE, and Porter’s Five Force analysis tools. Known as one of the oldest French luxury fashion houses, â€Å"Louis Vuitton†, an international, well-established brand most famous for its craftwork leather bags andRead MoreThe Effects Of Counterfeited Drugs On Pharmaceutical Companies1643 Words   |  7 PagesPharmaceutical Companies The market for counterfeit pharmaceuticals has grown exponentially in the last five years. According to an estimate published by the Center for Medicine in the Public Interest in the USA, â€Å"Worldwide sales of counterfeit medicines could top US$ 75 billion this year, a 90% rise in five years† (WHO, 2010). This massive rise has greatly affected pharmaceutical companies and law enforcement agencies. The data exposing the effects the counterfeit industry has on companies doesRead MoreLouis Vuitton Porters Five Forces Analysis1338 Words   |  6 PagesIntroduction Described in this paper is Louis Vuitton’s (LV) evaluation of the external and global environment of LV in Japan. We will discuss the remote, industry, and operating of the external environment along with the factors involved in the global environment utilizing the S.W.O.T., P.E.S.T.L.E., RVINE, and Porter’s Five Force analysis tools. Known as one of the oldest French luxury fashion houses, â€Å"Louis Vuitton†, an international, well-established brand mostly famous for its craftwork leatherRead MoreApple Product For The Chinese Market Essay1131 Words   |  5 Pagesannounced that Apple was entering into the China market, and opened an office in Beijing. On that time, CEO Spindler set an ambitious goal to reach a 15-16% share of the China PC market by 2000. However, in the first year that Apple entered into China, Apple only captured 2% of the 190,000 PC. Apple sales were slow in the China market for many years. After Steve Jobs died, Tim Cook became the CEO of Apple and he believes that China is an extremely important market for the company. In 2008, Apple opened theirRead MoreTypes Of Poor Quality Medicines1456 Words   |  6 Pagesclassified into three different man types : substandard , counterfeit and degraded. Substandard medicines â€Å"are genuine medicines produced by legitimate manufacturers that do not meet the quality specifications that the producer says they meet. For example, they may contain less (or more) active ingredient than written on the package. This may not e an intention to cheat, but may be due to problems with the manufacturing process†.(WHO, 2005). Counterfeit medicines are â€Å"deliberately and fraudently mislabelledRead MoreWhat Makes Fake And What Types Of Products, There Are Fakes Essay1533 Words   |  7 Pageswhat types of products, there are fakes. There are four kinds of falsification of class luxury goods: fake products - replicas of the original products, produced with the aim to give them the originals, thereby deliberately misleading consumers; pirated products - demonstrative cheap copies of original products, the production of which is not hiding the fact of forgery; products-simulation - the goods are not identical to the original product, but like them its content, name, design, appearanceRead MoreThe Concept Of Copying Designs1011 Words   |  5 Pageslabels of his creations as a means of authenticating them. Madeleine Vionnet made her little horses dress in 1924 that was sold without her permission and sought out the idea to thumbprint her designs. Coco Chanel s woolen suits were a mark for counterfeits. She saw copies as promotion and was cited saying, Fashion should slip out of your hands. The very idea of protecting the seasonal arts is childish. One should not bother to protect that which dies the minute it is born (Faking It). CounterfeitingRead MoreCustomer Centric Organization, Excellent Management Flexibility836 Words   |  4 PagesStrengths †¢ Biggest e-commerce retailer †¢ AmazonPrime membership, free-shipping †¢ Leader in the cloud †¢ High market share †¢ Global brand reputation †¢ Kindle eBook market †¢ Evolving unique production †¢ Customer-centric organization, excellent management flexibility †¢ Variety of products and services Weaknesses †¢ Potential patent infringement †¢ Outages on Amazon’s web servers †¢ Licensing issues with eBooks Opportunities †¢ Rising opportunities in e-commerce sales †¢ Advertising through social mediaRead MoreCritical Analysis 11154 Words   |  5 Pagescategorized as the â€Å"leading global electronics and appliance specialist retailer (Passport 4).† They have obtained such success from their warehouse type stores, with specific services offered inside (Geek Squad and MindSHIFT). Using this success as a basis Best Buy strategized to expand their stores in the United Kingdom, China, and Turkey, in hopes of expanding to obtain more revenue and more net profit. However this strategy backfired and these stores in the international market were forced to closeRead MoreNike : The World s Largest Athletic Footwear1067 Words   |  5 PagesNIKE is the world’s largest athletic footwear and apparel that ranks in the top 20 of the World’s Most Valuable Brands 2015. It designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories. The company was founded in 1964 and has its headquarter in Beaverton , Oregon. Apart from Nike brand, the company also entirely owned subsidiaries, which are Converse and Hurley International brand. In FY2015 (for the period ended 31 May 2015), Nike, Inc. recorded revenues of $30

The Family Boundary Ambiguity - 3559 Words

Family boundary ambiguity can be defined as confusion about who is in and who is out of the family system, because of the physical or psychological absence of one or more of the members (Boss Greenburg, 1984). Boundary ambiguity has been studied in families in which the gain or loss of a family member is vague such as missing-in-action families (e.g., Boss 1977, 1980), divorced families (e.g., Peterson Christensen, 2002; Rosenburg Guttman, 2001), remarried families (e.g., Hobart, 1988; Stewart, 2005), and family caregivers to Alzheimer’s patients (e.g., Kaplan Boss, 1999; Sherman Boss, 2007). Few studies have examined boundary ambiguity in foster families, despite the frequent addition and loss of members within the household. Foster care is usually intended to be a temporary placement; reunification with the family of origin is the case goal for over 50% of cases. For other children, foster care is intended to be a long-term care solution. Placement in a foster family can range from several months to several years (U.S. Department of Health and Human Services, 2012b). Foster families can be diverse and complex family systems; foster parents may also have biological, adopted, or step children who permanently live in the home at least part of the time (referred to hereafter as permanent children). In addition, foster carers may feel tension between being a parent to foster children, and conceptualizing foster care as a job, which can lead to more permeableShow MoreRelatedA Family Based On Nuclear Family Patterns1400 Words   |  6 Pages A blended family is when two people enter a marriage when they have children from a previous relationship. These families have been termed blended families because the two new spouses and the children are attempting to blend into one family unit. Blended families are commonly known as step families. Some other terms for blended families are reconstituted, restructured, and remarried families. Blended families are starting to become the most common type of family in the United States. It can be hardRead MoreA Strategic Systemic Analysis Of Jason873 Words   |  4 Pagesa heterosexual female, Veronica. Again testing the boundaries, Jason places himself in a position where the other person in the relationship cannot fully meet Jason’s needs due to personal or societal influences. Jason consistently, yet unconsciously, places himself in a space of ambiguity. He ambiguity about his gender identity and interpersonal relationships are the true root of his depression and anxiety. Even so, he perpetuates this ambiguity by seeking out inappropriate relationships as he goesRead MoreOther Stressors Of Single Parenting1539 Words   |  7 Pagesparenting than raising a child in a conflicted, toxic nuclear household (L’Hommedieu, 1984). How can we still insist that married couples will continue to exist in the future if more than half of marriages have this much disarray and dissolution? Family has a great deal of purpose in our society today: a sense of belonging, intimacy, attachment, and support (Spanier Thompson, 1984). Although inhibiting emotional, financial, and social turmoil may result from a divorce, individuals may be givenRead MoreBalancing Work Life and Home Life1308 Words   |  6 Pagesarticle is to discuss what organizations can do to adopt more effective management of professional and private life. Organizations need to help employees define the boundaries between home and work. These boundaries should be more flexible than they currently are, the value of transition time between home and work should be recognized, and family should be more consciously included into career and human resource management. What the two authors proposed was a new way of looking at the issue: analysis ofRead MoreHo me Health Care At Home Care1217 Words   |  5 PagesHome health care is a thankless job that has incomparable importance in how we care for patients. Often the home health care worker is filling a need to help elderly patients where their family is unable or unwilling to help. In effect, bringing the institution to the patient’s home. The relationship between the provider and the patient has the potential to bring about a dilemma in the respect for each party’s needs. So is true about the relationship between the Benson’s and the providers of A-1Read MoreEssay on Lessons from The Piano Lesson by August Wilson965 Words   |  4 PagesWhat should one do with their legacy, and how should it be put to use? In the play â€Å"The Piano Lesson†, the Charles family faces this question, and struggles to find the answer. The family’s legacy is in the form of a piano. On the piano are carvings of their ancestors. The two main characters that are having a conflict over the piano are Berniece and Boy Willie. Boy Willie wants to sell the piano so he can add the proceeds of the sale to the proceeds of selling watermelon’s and buy some land fromRead MoreMilitary Deployment Has Affected The Family System932 Words   |  4 Pagesaffected the family system. Especially young children are effected by their parents shipping overseas since they are still are trying to figure out how to cope without guidance during their development into adult years. In this particular study, researchers examined adolescents between the ages of 12-18 to determine their thoughts about their parents going into war. More specifically, researchers wanted to study the children’s experiences with ambiguous loss within their military families. ResearchersRead More The Elusiveness of War and the Tenuousness of Morality in Tim O?Brien?s ?The Things They Carried,? ?How to Tell a True War Story,? and ?Style?632 Words   |  3 PagesThings They Carried, Ti m O’Brien demonstrates how exposure to the atrocities of nations at war leads to the soldiers having skewed perspectives on what is right and wrong, predominantly at times when the purpose of the war itself appears elusive. The ambiguity that consumes the stories of â€Å"The Things They Carried† and â€Å"How to Tell a True War Story† is displayed with irony, for the ‘moral’ of such war stories is that there is no moral at all. O’Brien portrays the character Mitchell Sanders as an observerRead MoreThe Negative Effects Of Cohabitation1104 Words   |  5 Pagescohabitation also makes it harder for extended family to be supportive on the relationships. There are high chances that parents, siblings, friends of the partners don’t get to know a cohabiting partner as much as a spouse. Moreover, it is less likely to include a person who is outside of the family into its family activities, ceremonies and financial dealings. Most young adults are completely unaware of the dangers from cohabitating. It can cause serious family instability as well as posing severe threatRead MoreProhibition And Social Deviance1115 Words   |  5 Pagessocial decadence made impressive foot marks while existing in a larger phenomenon in history. Prohibition brought the reemergence of Gangsters. With gangsters there came speakeasies. It also compelled the common person to make hidden cabinet within the family homes to house their acquired alcohol. These were varying levels of moral degradations created by the applicable laws coupled with the absence of one substance, alcohol. This paper will discuss the social deviance that transpired during Prohibition

College Admission Essay Sample Free Essays

One of the most insightful people I have ever met once told me that if you choose a career you have a passion for, you will never work a day in your life. This is a philosophy that I have carried with me and sought to find for myself. I discovered my true passion lies playing a essential role in the growth of at-risk youth’s career, social, and personal development. We will write a custom essay sample on College Admission Essay Sample or any similar topic only for you Order Now Being a former Family Support Worker and Visitation Specialist, my interactions with youth and their families from diverse backgrounds left an indelible responsibility to continue making a difference in our youth. The objectives and mission of the Master of Arts Clinical Mental Health Counseling Program at Westminster College can best help my goal of becoming an effective counselor and leader who is an agent of change to youth and service the mental and emotional well-being of the younger generation. I earned a B.S in Child Adult and Family Services at Iowa State University, while also being a student-athlete on the Women’s DI Volleyball Team. After graduating in December 2017, I jumped right into the human resources field, and I have held two jobs, which in some way or another level have helped to lay the experiential foundations for becoming a licensed professional counselor. For the past seven months, I have worked as a Family Support/Visitation Specialist, and a Child Support Enforcement Specialist in the state of Nebraska, where I assist various groups such as the parenting, women’s empowerment, anger management, breaking barriers, and the development of social skills. I also dealt with and maintained great repore with angry, aggressive and abusive youth and their families. I have helped youth and their families overcome obstacles in their lives and provided community resources to parents in helping them work toward completing short term goals with their youth. I find working with youth and their families to be especially rewarding when they make a conscience decision to reform their lives. My passion I have will always be with youth and the crucial need for parental support, helping their children with the challenges that have been traumatic to youth. My future professional career would to be a youth counselor for at-risk youth. Being able to make a difference in children’s lives every day and providing comprehensive services to at-risk youth and their families, is the reason why I am pursing graduate studies at Westminster College. My motivation is to better the lives and prospects of at-risk youth and families. My motivation is all about change and that is what Westminster legacy is based from, change. At the end of my graduate study in Clinical Mental Health Counseling, I will be ready to change the world, especially in at-risk youth. Westminster works hard to have individualized attention with their faculty and students, just as if I were to give my individualized attention to my clients being a Licensed Professional Counselor. I have gained some beneficial insights from my past experiences that have fed my passion to progress and develop ongoing strategies to achieve my full potential. I feel that I am a great candidate for the Clinical Mental Health Counseling Program. I would be honored to represent Westminster College and continue the legacy of change and the community it embodies. Thank you for your consideration. I am unlike most applicants in that I can say that I am a Big 12 athlete. I have spent the past four years bleeding cardinal and gold as I represented Iowa State University in women’s volleyball. Being a student-athlete has taught me how to balance my academic work with the demands of my athletics. This will make it less complicated for me to adjust to the demands of graduate school. I have faced success, failure and adversity my four years at Iowa State University. I initially pursued a degree in Animal Science because my fascination with animals and wanting to become a canine and feline Veterinarian. After my first semester at Iowa State, being a student-athlete was very overwhelming, trying to balance both lives really took a toll on me, so I made the decision to switch out to open option. I remember feeling defeated, and unaccomplished. Why didn’t I try harder? I asked myself. I remember talking with my athletic academic advisor about my next career path and interest, and this decision solidified my passion for understanding child welfare, youth behavior, and family dynamics. Although I enjoyed Animal Science, I quickly realized that I was more interested in studying family dynamics of at-risk youth. This in turn led me to graduating with a B.S in Child Adult and Family Services with an emphasis in child and youth. When I declared child adult and family services as my major, I knew what I would continue with graduate studies in this field. I am excited to pursue a master’s degree in Clinical Mental Health Counseling, specializing in trauma and crisis intervention, and I am enthusiastic about the prospect of completing my graduate studies at Westminster College. I am also excited to attend Westminster College because I have recently accepted the offer to be the Athletic Assistant for the Women’s Volleyball team. Pursuing my graduate studies and being associated with volleyball again is such an honor. In addition, I am seeking an environment where I will be intellectually challenged and encouraged to pursue my professional knowledge and skills, through theory and research. Becoming a Youth Counselor for at-risk youth means accomplishing my heart’s desire, satisfying my intellectual curiosity and rebuild my profession on a new level all at the same time. My determination to pursue Clinical Mental Health Counseling on a professional level dates from when I interned for Department of Human Services (DHS) in Iowa, where I shadowed a variety of Social Workers. I got the opportunity to see two different counties, Polk County in Des Moines, and Story County in Ames. My principal responsibilities were to co-design and implement care plans, which are also known as safety plans, for youth and their families, observing clinical interviews, to assess and record daily functioning status, offering a range of solutions, based on the needs of the clients, which may include physical and psychological therapies, and supervised activities. I also helped assist various groups such as parenting, anger management, breaking barriers, women’s empowerment and the development of social skills. This experience gave me an insight into the broad variety of family dynamics that are an essential part of facing up to mental health challenges. I consider myself as a solid candidate due to my personal and professional experiences. I believe those experiences prepared me well for the next step in my pursuit of a master’s degree in Clinical Mental Health Counseling. I am highly motivated and persistent. I believe I have gained a good idea of the challenges and rewards that the field offers and my suitability to pursue it. I am excited about my academic endeavors and my future growth as a researcher and clinician. I hope to have the opportunity to pursue my passion, develop new skills, and continue to grow and learn in Clinical Mental Health program at Westminster College and go Titans! Thank you for your consideration. How to cite College Admission Essay Sample, Essays

Virtual Banking Essay Example For Students

Virtual Banking Essay TABLE OF CONTENTS01.00 EXECUTIVE SUMMARY02.00 TRENDS IN RETAIL BANKING03.00 ABOUT THE INTERNET04.00 VIRTUAL BANKING AND APPLICATIONS04.01 SMART CARDS05.00 EXAMPLES06.00 SECURITY ON THE INTERNET06.01 CRYPTOGRAPHY06.02 FIREWALLS06.03 TRUSTED OPERATING SYSTEMS07.00. REGULATIONS AND PROBLEMS08.00 CONCLUSION . 09.00. REFERENCES01.00EXECUTIVE SUMMARYThe Internet is emerging as an efficient delivery channel for financial services. WithInternet banking, customers do not need to have special bank-issued software. Banksmaintain their identity and can differentiate themselves by customizing the services And information they provide over the Internet. 02.00TRENDS IN RETAIL BANKINGWhat does better customer mean? Increasingly, customers are demanding moreconvenient ways to do their banking. An Ernst and Young study (Technology inBanking Report) concluded that nothing changes in the banking world if customerscannot get financial services when and where they wishthis means anywhere, at anytime. Statistics show that ATMs, telephone banking, and home banking account forover fifty percent of all banking transactions today, and total non-branch activity isgrowing at fifteen percent a year. In one survey (Web-Tech, Inc., May 17, 1995),eighty-two percent of 18- to 34-year olds polled preferred banks with 24-hourservice. Customers are also demanding a more sophisticated mix of products tailoredspecifically to their financial needs, and non-bank competitors are better fulfilling theseneeds. Banks today hold only 20% of household financial assets, versus 34% twentyyears ago; they have 30% of business deposits, versus 42% only seven years ago. We will write a custom essay on Virtual Banking specifically for you for only $16.38 $13.9/page Order now Nonbank credit card providers have gained inroads against banks, holding a 25%market share versus 5% in 1986 (WebTech, Inc., May 17, 1995). Internet banking offers an attractive solution to this redesigned products and services. Customers have 24-hour graphical-interface access to their accounts and appreciatethat their bank is doing something to make banking easier for them. 03.00ABOUT THE INTERNETThe Internet has exploded in the last two years thanks to the invention of the so-calledbrowser. A browser is a point-and-click software program that allows surfers tonavigate around the Internet without knowing any UNIX commands. The firstbrowser was developed by the National Center for Supercomputing Applications, agovernment agency. With a browser and access to the Internet, you can order a pizza,listen to and purchase a CD, stroll through the Louvre, or view satellite photographsof Scotland. Although it may get congested from time to time, the Internet itself is extremelyreliable. There is not actually any one network that is the Internet; it is made up ofthousands of networks that connect to each other through common routes, and theyall agree to carry each others traffic. There is a lot of money flowing up fr om localaccess providers to these national players, guaranteeing that the infrastructure willcontinue to expand to meet demand. Because so many resources are shared, the Internet is also very efficient. It costs a lotless to connect a business to the Internet than to lease telephone lines that customersdial into with their modems. Most likely Internet users will continue to be charged forthe size of the pipe connecting them to the Internet. The number of commercial entities with an Internet presence doubled in the first threemonths of 1995. Modems will keep getting faster, allowing more information, bettergraphics, and full-motion video to be downloaded more easily. However, in five yearsmost households will probably buy their Internet access from their cable company,who will provide them with a 10 megabit-per-second connection through their cablewire. A 10-MB connection would download in one second a file that takes a 28.8Kmodem five and a half minutes to download (WebTech, Inc., May 17 1995). .ub9b954a13eef51fdfdbaebd55a7b99cc , .ub9b954a13eef51fdfdbaebd55a7b99cc .postImageUrl , .ub9b954a13eef51fdfdbaebd55a7b99cc .centered-text-area { min-height: 80px; position: relative; } .ub9b954a13eef51fdfdbaebd55a7b99cc , .ub9b954a13eef51fdfdbaebd55a7b99cc:hover , .ub9b954a13eef51fdfdbaebd55a7b99cc:visited , .ub9b954a13eef51fdfdbaebd55a7b99cc:active { border:0!important; } .ub9b954a13eef51fdfdbaebd55a7b99cc .clearfix:after { content: ""; display: table; clear: both; } .ub9b954a13eef51fdfdbaebd55a7b99cc { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ub9b954a13eef51fdfdbaebd55a7b99cc:active , .ub9b954a13eef51fdfdbaebd55a7b99cc:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ub9b954a13eef51fdfdbaebd55a7b99cc .centered-text-area { width: 100%; position: relative ; } .ub9b954a13eef51fdfdbaebd55a7b99cc .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ub9b954a13eef51fdfdbaebd55a7b99cc .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ub9b954a13eef51fdfdbaebd55a7b99cc .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ub9b954a13eef51fdfdbaebd55a7b99cc:hover .ctaButton { background-color: #34495E!important; } .ub9b954a13eef51fdfdbaebd55a7b99cc .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ub9b954a13eef51fdfdbaebd55a7b99cc .ub9b954a13eef51fdfdbaebd55a7b99cc-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ub9b954a13eef51fdfdbaebd55a7b99cc:after { content: ""; display: block; clear: both; } READ: The Tempest Is A Play About The Power And Dangers Essay 04.00VIRTUAL BANKING AND APPLICATIONSPicture a bank without any branches. No tellers. No rows of desks. no racks ofbrochures, no automated teller machines outside. Picture, in fact, a virtual bank, onethat for the customer exists only in his or her office or home, as images on a computerscreen.US financial institutions are moving towards virtual banking. This strategyis about making bank products and services available to customers any time and anyplace they want them. As virtual banking becomes more popular, it is very likely thatmore customer service will be seen while the number of traditional teller-staffedbranche s will decline. Bank customers will move away from traditional banking andwill become more dependent on electronic transactions using ATMs or PCs (Britt,SavingsCommunity Banker, February 1995, p.9).Thanks to the revolution, financial institutions are using software programs, onlineservices, and even the Internet to allow customers to check balances, pay bills, andtransfer funds among accounts, Bankers promise that, in the near future, we will alsobe able to more easily buy certificates of deposit, mutual funds, and other investments,and even apply for loans electronically. For most people, todays best option may be plug into their bank through one of threeleading home-budgeting software programs: Intuits Quicken, Microsoft Money, andManaging Your Money. By charging $5 to $20 a month for such services, banks are sure to cash in on thehigh-tech superhighway. For customers, the job is made easy. All that is required is apersonal computer, software and a modem. On-screen instructions, laden withcolorful graphics and pictures, explain how to select and work on various tasks. Thesystem automatically calculates and updates account balances and keeps records ofbills. A handful of banks have already set up home pages on the Internet to provideinformation to their existing and potential customers about upcoming services. Theystarted their transactions. Internet banking differs from the traditional PC bankingmodel in several ways. In most home banking ventures, the bank sends an applicationsoftware program to the customer which runs on the customers PC. The customerthen dials into the bank with their modem, downloads data, and runs the programsthat are resident on their computer, perhaps sending back a batch of requests such astransfers between accounts. It demands more and more space and speed from thecustomers computer. With Internet banking, on the other hand, there are potentialcustomers who already have all the software they need to do their banking, since allthey need is a browser. The actual banking software resides on the banks server inthe form of their home page. This software can be updated at any moment with newinformation, such as new p rices or products, without having to send anything to thecustomer; it can also continue to expand and become more sophisticated withoutbecoming cumbersome for the customer to operate. Banking with a browser, on theother hand, involves a continuous, interactive session, initiated by a local telephone callto a local access provider or online service. A home page in the Internet is not only a customized product tailored specificallyfor that banks customers, but an advertisement for the bank as well. Early entrants in the Internet banking market will benefit on multiple fronts. Thesebanks will appeal to a vast new potential market who represent an attractivedemographic segment: educated, professional, affluent. These new customers will savebanks money because they will visit branches less frequently and will switch frompaper to electronic transactions. More importantly, by developing internal expertisetoday, banks can position themselves to react quickly to competitive moves andconsumer trends as the financial services industry evolves. These banks will see thebenefits of early players and they will enjoy the public relations boost that comes frombeing a market leader(WebTech, Inc., May 17, 1995). .ue90dab2ff0bb4468ac76fbc1c2705135 , .ue90dab2ff0bb4468ac76fbc1c2705135 .postImageUrl , .ue90dab2ff0bb4468ac76fbc1c2705135 .centered-text-area { min-height: 80px; position: relative; } .ue90dab2ff0bb4468ac76fbc1c2705135 , .ue90dab2ff0bb4468ac76fbc1c2705135:hover , .ue90dab2ff0bb4468ac76fbc1c2705135:visited , .ue90dab2ff0bb4468ac76fbc1c2705135:active { border:0!important; } .ue90dab2ff0bb4468ac76fbc1c2705135 .clearfix:after { content: ""; display: table; clear: both; } .ue90dab2ff0bb4468ac76fbc1c2705135 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue90dab2ff0bb4468ac76fbc1c2705135:active , .ue90dab2ff0bb4468ac76fbc1c2705135:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue90dab2ff0bb4468ac76fbc1c2705135 .centered-text-area { width: 100%; position: relative ; } .ue90dab2ff0bb4468ac76fbc1c2705135 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue90dab2ff0bb4468ac76fbc1c2705135 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue90dab2ff0bb4468ac76fbc1c2705135 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue90dab2ff0bb4468ac76fbc1c2705135:hover .ctaButton { background-color: #34495E!important; } .ue90dab2ff0bb4468ac76fbc1c2705135 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue90dab2ff0bb4468ac76fbc1c2705135 .ue90dab2ff0bb4468ac76fbc1c2705135-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue90dab2ff0bb4468ac76fbc1c2705135:after { content: ""; display: block; clear: both; } READ: Pyramid Principle Exercise Essay INTERACIVE APPLICATIONSIn Columbus, Ohio, Huntington Bancshares Inc. has put its stamp on the virtual bankconcept with Huntingtons Access, an automated branch office thats always open. The Access branch houses both traditional and advanced-function automated tellermachines that use imaging technology to display deposited checks for verification andto cash a check to the nearest dollar. Also on site is the Personal Touch screen,interactive video kiosks where customers can conduct a variety of transactions. At thetouch screen, customers are able to talk face to image with a customer servicerepresentative. Banks find themselves facing a window of customer opportunity. In a lot of theirother business transactions, the retail customer in general is learning to self-serve. And, of much more importance, he or she is learning to self-sell, says GeorgeBollenbacher, manager of strategy and business development for worldwide financialservices at Unisys Corp. In short, they are ready for self-banking. Some progressive banks already have a presence on the World Wide Web. WellsFargo Bank of San Francisco gives customers access to current account balanceinformation and transaction histories at its Web site Using browsers from NetscapeCommunications Corp. First Union Bank, in alliance with Open Market Inc. plans byyears end to offer full Web transaction services to its 10 million customers (Kay, A.,Communications Week, August 14, l995, p.36-40). 05.00SMART CARDSEmployees at Bank of America, Chemical, Wells Fargo, and other large U.S. banksuse them to buy lunch and snacks. Smart cards-plastic cards with computer chips-arestarting to be used for prepayment, debit, and credit purchases all over the world. Inthe U.S., smart cards can be only used at a contained group of machines, or for onepurpose. They are part of the broader shift to electronic delivery, to making ATMsmore functional, to using PCs and the Internet to do home banking, to going to POSterminals to get cash back, to getting electronic benefits transfer off a card. saysEdgar Brown, senior vice- president of alternative delivery products at First Union,Charlotte, N.C. One of the advantage of using chips on cards with or instead of magnetic stripes isbetter security. Microprocessor chips are very difficult to alter or forge. Chips cancarry more information than magnetic stripes can. A microprocessor chip can store upeight kilobytes of data. Smart cards make possible cheaper and faster payments. Money can be deducted from a chip without on-line authorization. This makes for atwo-second transaction versus an up-to-two-minutes one, and telecommunicationscosts are saved (Lunt, P., ABA Banking Journal, September 1995, p.46). 09.00 REFERENCES Britt, P. (1995, February). Savings;Community Banker. Humpehreys, K. (1995). Security First Network Bank. http://www.sfnb.html. Internet Banking. (1995, May 17). WebTech, Inc. Online information. Kay, A. (1995, August 14). Interactive Applications. Communications Week,36-40. Lunt, P. (1995, September). ABA Banking Journal, 46. Wells Fargo Bank. (1995, May). The Orange County Register. Words/ Pages : 2,475 / 24