Tuesday, January 28, 2020

Politics and Education Essay Example for Free

Politics and Education Essay Education can develop the personality of a person not physically but mentally as well. An educated person can look at a certain issue from various perspectives. A politician has to control over a large community therefore, he needs some extra ordinary skills and the first thing which can make him distinguished, is his qualification. Education can increase his communication and speaking skills. A politician is a social member and his interactions with people are frequent, therefore, he needs maturity and sensibility in his talk and behavior. This is certainly possible with proper education. A politician is the representative of a nation and he should be the perfect person by all means and education plays an important role in making anyone perfect to a great extent. But then, I dont necessarily think that they need to have degrees in a particular field but broader understanding would certainly help. They must have minimum qualification†¦they need to be knowledgeable and must understand the laws. Politicians like Abraham Lincoln set an example of people who had no real formal education and look at the jobs they did and the leadership they offered†¦It is true that there have been great leaders who were uneducated, Kamaraj in India, for example. But, such gems are a rarity. In life, compromises must be made. Until an intelligent and foolproof plan exists for electing such gems from the public, we must resort to what is best for the common man. An educated person is more likely to do a good job as a politician than an illiterate person. Education is a process that makes people more humane and teaches them a lot about the country, how to express themselves through effective communication and so on I think the only key thing they need to be educated in is the Constitution and process of government. A lot of the early leaders of the country were not well educated even for the time. Some foundation of knowledge is beneficial and they definitely need to be able to reason and learn. They need leadership quality, power in speech, integrity, sincerity, honesty and purity in whatever actions they take for development of country.

Monday, January 20, 2020

I Never Promised You a Rose Garden by Joanne Greenberg Essay examples -

"I Never Promised You a Rose Garden" by Joanne Greenberg Schizophrenia has long been a devastating mental illness and only recently have we begun to see an improvement in our capabilities to treat this disorder. The development of neuroleptics such as, Haldol, Risperidal, and Zyprexa have given psychiatrists, psychologists and their patients great hope in the battle against this mental disease. However, during the 1960s, drugs were not available and psychologists relied upon psychotherapy in order to treat patients. I Never Promised You a Rose Garden, is a description of a sixteen-year-old girl's battle with schizophrenia, in the 1960s. Deborah Blau’s illness spanned three years, in which she spent her life in a mental institution. The book itself is a semi-autobiographical account of Joanne Greenberg’s experiences in a mental hospital during her own bout with schizophrenia. She presents her experiences by relating them to Deborah. The novel was written to help fight the stigmatisms and prejudices held against mental illness. In the late 1960s, reactions to mental illness generally fell between two polarized attitudes. One, popular with the counterculture generation, romanticized mental illness as an altered state of consciousness that was rich in artistic, creative inspiration. The protagonist of this myth was the tortured artist who poured out his or her soul in writing or art between periods of mental breakdown; Sylvia Plath, Vincent Van Gogh, and Virginia Woolf are only a few such individuals whose artistry is practically inseparable from the idealized myths of their mental instability. Often their periods of mental breakdown were a source of inspiration, but before one romanticizes their mental illnesses, it necessary to remember that all three committed suicide. On the other end of the spectrum, mental illness was stigmatized as a weakness or fatal flaw on the part of the sufferer. Even today, many uninformed people regard mental illness as a stigmatized condition, shrouded in shameful secrecy and negative stereotypes, to be described with frightening or belittling euphemisms. In the late 1960s, when Greenberg's novel was published, mental illness was even more misunderstood and feared. The reading public had absorbed centuries of inaccurate information about mental illness, all based on prejudice, ignorance, and fear. Because of he... ... is sufficient to treat schizophrenia. Still, these new findings certainly do not invalidate the importance of empathy and understanding in the treatment of schizophrenia. Greenberg's desire to garner sympathy, respect, and understanding for sufferers of mental illness is still a valid concern, and her novel remains valuable as a sympathetic portrayal of mental illness. Although this novel uses outdated treatment methods, it does succeed in allowing the reader to see into the mind of a mentally ill person. Greenberg portrays the problem of mental illness from different perspectives. She details Jacob and Esther Blau's struggle with self-doubt, blame, and the stigma of their daughter's sickness. The novel also portrays the difficult, stressful work required of the medical professionals and the staff who work with mentally ill patients. However, most importantly, Greenberg portrays the experience of mental illness from the patient's point of view. Struggling with mental illness is not glamorous or easy. The road to recovery is lined with setbacks, doubt, and fear. It takes a great deal of courage and perseverance on Deborah's part to face her illness and fight it through treatment.

Sunday, January 12, 2020

Japan Net Bank Case Analysis Essay

The banking market, especially Internet-only bank sector, in Japan was going through a period of rapid growth after the Japanese government initiated the famous â€Å"Big Bang† deregulation of the financial market. JNB, which began operation in October 2000, aimed at winning one million accounts and one trillion yen deposits and becoming profitable by the financial year 2002. However, in order to achieve that long-term success, it needed to resolved a number of issues and strengthen its competitive position in face of stiff competition from brick-and-mortar banks and new Internet-only banks. Therefore, this report focuses on the following three issues: †¢ An assessment of the present situation in Japan   regarding the Internet-only model of retail banking, †¢ An analysis of JNB’s competitive advantages, †¢ Recommendations of what alliance strategies to develop to overcome competition from traditional and other online banks. The data in this report was collected by assessing the information of the case â€Å"Japan Net Bank: Japan’ First Internet-only Bank† by Vincent Mark and Pauline Ng under the supervision of Dr. AH F. Farhoomand and surveying relevant materials from the Internet. I have divided my report into three main sections. Firstly, we would assess the potential for Internet-only model of retail banking in Japan. Secondly, we present and analyze JNB’s competitive advantages meticulously in this particular Japanese market. Finally, we would suggest some viable propositions of what alliance strategies that JNB should develop to surpass and obtain the market leader. Internet banking in Japan. 4 Conservative consumer banking behavior 5 Low level of credit card usage Japan did not use credit cards a great deal. By 2001, credit card purchases accounted for just eight per cent of consumer spending in Japan, compared with 14 percent in Europe and 21 percent in the US (The Economist, 2001). Borrowing was considered shameful in a culture much bound by traditional concept, so paying by credit card in public could be an embarrassment. In many cases, credit card users could only repay in one-go or in fixed installments. Therefore, such the culture preferred repaying card debt s in one-go quickly if they could afford it. Card companies’ lack of good marketing accentuated the problem: although there were schemes involving credit cards points, customers could only use their points to redeem low-quality gifts. In contrast, the consumer loan market in Japan was doing much better since it was worth 7 trillion yen by early 2001, double the market size of credit card. 6 The availability of ATMs for cash withdrawals Japanese consumers generally preferred to pay by cash or money transfers. A survey conducted in summer 2000 asked respondents which Internet bank they would deposit their money in. The 3,825 respondents were mostly in their 20s and 30s. Figure 1 illustrates the results: the attractiveness of the online banks in Japan in 2000. [pic] The pie chart illustrates that the success of a Japanese bank relied heavily on its ATM services. Determinant included whether the ATMs were conveniently located, whether they charged a small or no handling fee, whether they were open for long hours, etc. That leads to the wide distributions of ATMs services in Japan. We could recognize that the brand equity also played an important role to attract the customers. 7 Internet usage in Japan On-line banking with limited services-as an extension of traditional banking-was already available in Japan in 1997 with Sumitomo Bank. The total number of Internet accounts at major commercial banks reached 1. 4 million at that time. According to a Nielsen/NetRatings report, the Internet population in Japan was some 38 million in January 2001, and 41% of them were active users. However, a study by Yankee Group in early 2001 found out that some 20% of all Japanese households had a fixed line Internet connection at the end of 2000, less than the 50% Internet penetration in the US. Low penetration of fixed line Internet connections had driven a lot of people to use i-mode, which could cost only about several hundred yens a month. I-mode was a cellular Internet service offered by NTT DoCoMo, allowing emails and other Internet functions to be carried out via handsets. It had more than 22 million subscribers by April 2001. In fact, i-mode becomes so popular that Miyai, director of JNB, once said â€Å"Internet banking is really â€Å"cellular banking† in Japan†. 8 The competitive situation Competition from traditional banks JNB nevertheless had to face stiff competition with well-known bricks-and-mortar banks in a crowed banking market even though it was considered as the Japan’s first Internet bank without physical branches. Banking habits and conservative consumer culture in Japan facilitate traditional banks to gain competitive advantage in the market. Furthermore, traditional banks were making their services more convenient by installing m ore and more ATMs and providing a variety of value-added financial services. The most primary factors which make JNB’s competitors pay attention to JNB seemed to be lower overheads, competitive rates, lower fees and strong alliance backing. 10 Competition from domestic Internet banks Sony Bank JNB also had to compete with new entrants that provided similar services, One of those competitors was Sony Bank, an Internet-only bank with 37. 5 billion capital investment expected to start operation in mid-June 2001. Sony Bank’s strategy was similar to that of JNB in terms of higher interest rates, lower fees, a small workforce and no physical branches. In particular, the new bank’s management stressed customized, one-to-one services. Sony bank took advantage of its strategic stakeholders to deliver high-quality services to consumer. For example, customers of Sony Banks could use SMBC’s ATMs at â€Å"am/pm† convenience store chain as contact point, or J. P. Morgan Chase, one of its important stakeholders, would provide personal financial advice through the Web or Sony Bank obviously benefited from the Sony Empire by utilizing Sony Bank’s settlement service to purchase Sony products online. IY Bank Another Internet-only bank to enter the fray was IY bank, whose â€Å"internet† was predominantly a sprawling ATM network although Internet-based transactions would also be possible. It was expected to install round-the-clock ATMs in 3659s Ito-Yokado supermarkets and Seven-Eleven convenient stores within two years of operation. It had already joined up with a combined network of nine city banks, including one of the Japan’s largest commercial banks Sanwa, and charged commission whenever a customer of another bank in the network withdrew money from an IY Bank ATM. IY Bank intended to be settlement-focused and would develop loan and card business and Internet-based services later. IY Bank planned to install 24-hour ATMs at 3650 stores under the group by spring 2002 and at 7150 stores within five years of operation. Its target seemed to be practical since it could take advantage of the Ito-Yokado group’s existing customer base, which is 10 million customers per day, and its low-cost operation. 1 Competition from international Internet banks Another Internet-only bank, called eBank, was expected to start operation in June 2001. It would specialize in the settlement of payments for small-value online purchases worth up to 100,000 yens and would charge a lower commission than ordinary bank. eBANK was operate by Japan Electronics Settlement Planning Inc and invested by Japan Telecom, Yamato Transport and Ericsson Holding International. Its capital was about US$37 million. Japan Net Bank’s competitive advantages JBN, one of the core Internet businesses of parent company SMBC, aimed to build up its independent, own brand name and aspired to become the de facto standard of the Japanese-style â€Å"Internet Specialized Bank† for 21st Century’s Internet community. Therefore, the bank adopted the customer-centric principle seriously in order to survive and develop. JNB differentiated its financial products and services from those of its competitors by its distinguished characteristics: 3 24/7 availability JNB customers enjoyed seamless financial functions and 24/7 accessibility to their accounts through the Internet. They could carry out transactions or check their accounts through multiple access channels, including physical channels (ATMs or the Head Office) and mobile internet service (i-mode). The interfaces were designed to be very user-friendly. Moreover, JNB began to diversify into services other than basic bank transactions such as ordinary and term deposits. For example, it allowed on-line payment for bills and services of Tokyo Electric Power, Nomura Securities and Nifty Corp. ’s on-line shopping mall. 4 Competitive interest rate JNB offered attractive interest rates and fees compared with conventional Japanese banks [see Exhibit 3]. Its deposit interest rates were more than twice that of the average rates offered by major Japanese banks, and its charges for fund transfer were less than half those of conventional banks. Customized services Every customer had his/her own specific information page on the Web. Customers would receive e-mail notifications of transaction details such as receipt of fund transfers, expiration of term deposits, errors in automatic account debits, etc. 6 Confidentiality of usage The confidentiality of JNB customers’ private information was strictly secured; private information could not be used without customers’ agreement. Information transferred through the network was encrypted by 128-bit SSL (Secure Sockets Layer). The database and servers storing JNB customers’ information were protected by a firewall and an access-surveillance system. All Internet banking transactions could not be processed without a password. Moreover, the last login date and time was always indicated at every login to a JNB account, so customers would know whether their accounts had been accessed illegally. 7 Flexible organization and IT system JNB maintained a flexible, flat, and team-like structure which had a very low cost base. Its management style was different from the top-down approach of traditional Japanese corporations. Its structure allowed for the contingency between different departments in the organization to coordinate and solve problems. JNB also adopted a flexible, open information technology system which is divided systematically and functionally. The building of JNB’s IT application was quite innovative since it is mostly outsourced under the supervision of IT Department staff. Strategic alliances to develop In the face of fierce competition, JNB had the advantage of strong, broad, strategically important and multi-industry alliances. An appropriate strategic alliance would increase its revenues and market share. The advantages of strategic alliance include: †¢ Allowing each partner to concentrate on activities that best match their capabilities. †¢ Learning from partners and developing competences that may be more widely exploited elsewhere †¢ Adequacy a suitability of the resources and competencies of an organization for it to survive. 9 Shareholder alliance JNB has been forming alliances and partnerships with many blue-chip corporations possessing huge customer bases. Since JNB could acquire customers through its shareholder alliances, it had relatively low reliance on mass-media marketing and therefore had low marketing budget. In next five years, it should continue diversifying its alliances from different sectors of economy to broaden its business and utilize its alliance’s customer base. For instance, JNB might negotiate with ORIX Corporation RIX, one of the Japan’s largest leasing and diversified financial services conglomerate, to obtain equity strategic alliance. This alliance will enable the company to capture a larger share of the Japanese consumer finance market, and make consumer finance operations more efficient and responsive to the financing needs of creditworthy consumers. 10 Global strategic alliances SMBC, as a major stakeholder of JNB, signed a memorandum of mutual understanding (MOMU) on a strategic partnership with The Bank of East Asia (BEA) to co-develop their business potentials in Mainland China, Hong Kong, Japan and other countries. In China, SMBC established a wholly owned subsidiary, Sumitomo Mitsui Banking Corporation (China) Limited, in April 2009. SMBC has formed alliances with Kookmin Bank in Korea, First Commercial Bank in Taiwan, The Bank of East Asia in Hong Kong, PT Bank Central Asia Tbk (BCA) in Indonesia and other Asian banks. With Barclays, a major British financial institution, the company is exploring venues of cooperation in wealth management, operations in South Africa and other business fields. JNB should take of advantage of this opportunity to establish its relationship with these foreign banks to market and expand its business to international. These strategic alliances would enable the company to expand its market hare and generate incremental revenues. 11 Non-shareholding alliances Ageing population in Japan likely to increase demand for insurance and pension products The Japanese population is ageing fast. The 65 and over age group as a percentage of total population is expected to increase from an estimated 21% in 2005 to 35. 7% in 2050. Moreover pension assets under management in the Asia Pacific region ar e expected to grow from current E1, 100 billion to E2, 900 billion in 2015. Ageing population in Japan would boost demand for the pension products of the company. The bank should cooperate and offer pension plans services, through Japan Pension Navigator Company to gain a certain advantage. Discerning that changing demographic profile of Japan profoundly therefore would increase demand for JNB’s business. Conclusion Japan Net Bank (JNB), Japan’s first Internet bank without physical branches, began operation in October 2000. It attracted mainly young customers looking for convenient, round-the-clock bank services with much more competitive interest rates and transaction charges than traditional Japanese banks. Its access channels included the mobile Internet service i-mode and fixed-line Internet. JNB relied on flexible, open computer systems and a young workforce of only 100 people to minimize operational costs. Its stakeholders, including parent company Sumitomo Mitsui Banking Corporation (SMBC) and NTT DoCoMo (provider of i-mode), were all large companies from different industry sectors. This stakeholder base gave JNB market exposure and access to their established customer bases. By April 2001 JNB had 130,000 customers. It aimed at winning one million accounts and ? 1 trillion deposits and becoming profitable by the financial year 2002. But it needed to resolve a number of issues before it were able to achieve long-term success in the face of strong competition from bricks-and-mortar banks and new Internet-only banks. One of crucial issues was about how to meet with wide fluctuations in usage without over-investing; the other was alliance management, how to co-operate with alliance partners to achieve competitive advantage.

Saturday, January 4, 2020

Karl Marx And Max Weber - 1663 Words

Social theorists have differing perspectives along with analysis about the nature of the society that we live in. Karl Marx and Max Weber were two world renowned social theorists who both looked at the world in similar and contrasting ways and have helped shape the world that we live in today. Marx and Weber analyzed the transformations of society that resulted in similarities along with differences, explaining the nature along with causes of the transformation which helps other theorists come up with methods for their claims today. Karl Marx was a German philosopher and revolutionary socialist who held theories on society, economics, and politics. His theories state that the development of societies is caused by struggles between social†¦show more content†¦This explains how Karl Marx listed it as a problem that work can be our joy but workers need to see themselves in the object that they created. In the modern world, this has become rare because work has become specialized and highly efficient passing it down to technology. Mark said that this modern work leads to alienation and a disconnection between what you think you are, what you do and what you can actually do. Another problem that Karl Marx described in capitalism that dominated the world during his time was insecurity. The problem with modern work is that it does not provide security and this was mentioned very specifically towards jobs. With little value to what is being done, abandonment at any minute in capitalism may occur which makes people fear and have job insecurity. The capitalists are in power and can at any point fire their workers without notice. Another issue that Marx talked about was little pay for workers by the capitalists who would reap wide profit margins and get rich. They would basically steal the talent and work of the workers and in return ask for a higher price than the cost of making it- primitive accumulation. â€Å"The communists fight for the attainment of the immediate aims, for the enforcement of the momentary interests of working class; but in the movement of the present, they also represent and take care of the future of the movement† (pg. 185). So M arx predicted that workers would come together and revolt against theShow MoreRelatedKarl Marx And Max Weber1174 Words   |  5 PagesThe study of sociology has always focused on examining the many factors that compose society and the myriad of ways in which it functions. Karl Marx along with Émile Durkheim and Max Weber were the pioneers that are credited as being the founders of classical sociology. They were the first ones to thoroughly examine the complexities of society and create theories for them. The theoretical frameworks and research methodologies created by these sociologists were products of the enlightenment and areRead MoreKarl Marx And Max Weber1486 Words   |  6 PagesBoth Karl Marx and Max Weber assert that capitalism is the dominion of abstractions and the irrational accumulation of abstract wealth for the sake of wealth. For Marx, the state of capitalism is entrenched in the social classes to which people have bben assigned. Capitalism, according to Marx, i s a result of the bourgeoisie s ascent to economic and political power. This fuels the manifestation of a system that exploits the labour power of the lower socioeconomic classes for the gain of the higherRead MoreKarl Marx And Max Weber1187 Words   |  5 Pages1. Class Karl Marx and Max Weber both identify economic position as being a key factor in social stratification. 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Weber’s views crystallized in his best-known work – The Protestant Ethic and the Spirit of Capitalism – where he traced the impact of ascetic ProtestantismRead MoreKarl Marx And Max Weber1332 Words   |  6 Pagesdifferent religion in depth that exist on earth and various perspectives of well known people on the study of religion. I chose Karl Marx and Max Weber for my paper assignment. Two sociologists and philosophers have discussed their views on religion and its impact on society. Most of th e Sociologist of that time wrote about the role of religion in society, Karl Marx and Max Weber observations are particularly relevant for our course. Religion is one of the principle social ideologies that impacts socialRead MoreKarl Marx And Max Weber2172 Words   |  9 PagesBoth Karl Marx and Max Weber sought to understand the emergence of modern bourgeoisie capitalism and its pervasiveness, at least throughout the western world, in the nineteenth century. Both authors saw modern capitalism as an inherently superior system of economic exchange for the generation of wealth, but greatly differed in their epistemological approach to its genesis. This in turn influenced their loci of analysis, as well as their eventual conclusions on the processes of historical change itselfRead MoreKarl Marx And Max Weber Essay2354 Words   |  10 PagesKarl Marx and Max Weber, were influential social thinkers of the 19th century, having developed many theories in various areas of sociology. One of the areas both Marx and Weber have thoroughly discussed in their essays is origins and development of modern capitalism. Although both theorists agree on the basic elements of modern capitalism, that is, it is a rational process of accumulation of wealth or capital for reinvestment, yet they differ in their ideas concerning how capitalism emerged as it