Algebra in Daily Life Essay

1. Variable based math is a strategy for figuring utilizing basic conditions to speak to amount and to show connection between them. Variable based math is additionally a piece of our life, we use it on estimating the length of our table,notebooks,doors and other more. Another idea of mine is estimating capacity,In school we generally measure the perfect measure of fixings that we cook. Since to a culinary understudy like me we are telling the best way to quantify the specific measure of fixings that we going to use.Scientific documentation can be utilized in Chemistry,Chemistry utilizes conditions of variable based math. Like adding,subtracting,multiplying and separating logical documentation. In blend issues, we are utilizing it to realize what number of water are on the gallons.We consistently purchase water , all things considered we need blend issues. 2. â€Å"Mathematics is one of the primary things you learn throughout everyday life. Indeed, even as an infant you figure out how to tally. Beginning from that little age you will begin to figure out how to utilize building squares how to tally and afterward proceed onward to drawing items and figures. These things are significant planning to doing algebra.† 3. When composing any assignments the utilization of diagrams, information and math will approve your announcements and cause it to show up progressively proficient. Polished skill is of the pith on the off chance that you need to push forward and be paid attention to. Would you be able to see the significance of polynomial math? Your day can be made significantly simpler with arranging. In money related choices this can spare you a great deal of funds or possibly get you the best cost accessible. Everything comes down to arranging and utilizing the information and mathematical abilities you need to profit your own life. Utilize the key you have and make your life a ton smoother. 4. Variable based math is one of the most significant subjects somebody can learn. It is a subject that moves into every day life, regularly without anybody in any event, acknowledging it. Not at all like English or History classes, Algebra can be set on the right track to utilize once learned. It is one of the most adaptable subjects there is. Variable based math can be anything from figuring the measure of cash you’ve spent on your shopping for food, monitoring the calories you have in your eating routine, and planning auxiliary designs for a structure. Going out on the town to shop and frequenting stores can regularly turn crazy and befuddling with respect to how much things cost or to the amount you saved money on a thing. Variable based math can assist you with configuring these things and furthermore spare you from committing any exorbitant errors. Numerous things in markets are frequently on special eventually whether it be 10% percent to half and a great deal of times individuals don’t realize the amount they are saving money on a specific thing. Polynomial math basically permits an individual to figure these things. Variable based math is likewise a helpful aptitude to have with regards to abstaining from excessive food intake and plans. Tallying the quantity of sugars or calories and monitoring them can get overpowering on occasion and an individual can get befuddled. Variable based math can assist you with seeing what number of calories you have had and furthermore it can assist you with ascertaining what number of you can have later on. Cooking is additionally another expertise that is related with variable based math. Including and taking away fixings, making sense of the measure of time something needs to cook, and furthermore how to serve a food equitably all have to do with polynomial math. Design is an aptitude that has a great deal to do with numbers too. It is essential to realize precisely to what extent everything is, how much weight something can take, and the components of consistently detail. In the event that a planner doesn’t know the responses to these, not exclusively will the structure not be right however the structure could likewise be a wellbeing peril.

Black & Decker Essay -- essays research papers

Foundation Dark and Decker (B&D) is a pioneer in versatile force instruments. In 1991, it is a $5 billion in deals organization with 29% of these business originating from Power Tools and Accessories. B&D is the world’s larges maker of intensity instruments and the U.S. showcase by and large pioneer. Issue Statement B&D has a solid piece of the pie in the customer and modern markets, yet is feeble in the P-T advertise as it is at present encountering diminished piece of the overall industry. In this portion, B&D isn't creating benefits and, simultaneously, retailers need all the more promoting recompenses and discounts. Investigation The U.S. power devices advertise is partitioned into three fragments: Consumer (home use purchasers), Professional-Tradesmen (P-T) (contractual workers who buy their own apparatuses), and Industrial (securing proficient purchasing in enormous amounts for mechanical utilization). The P-T portion is the one encountering the biggest development potential. B&D is one of the most impressive brands in power tolls. Its items are for the most part respected to have high caliber. B&D at present has 45% of the Consumer and 20% of the Industrial markets. Be that as it may, in the P-T section B&D holds just 9% of the market and is in close to equality with Milwaukee Electric (10%) and trails Makita, which has caught half of the market. Makita had the option to develop quickly in the P-T advertise as its predominance was helped by the fast improvement of another sort of dissemination channel, the Home Centers, for example, Home Depot, which Makita effectively looked for. B&D, be that as it may, couldn't develop rapidly in the P-T advertise due to Tradesman’s impression of its P-T Line. The Tradesman advertise sees B&D as a â€Å"Consumer† item that isn't on par to deal with proficient errands. This is clear in that in investigations of brand recognitions in the P-T section, six makers out-position B&D, three tie with B&D, and just one is appraised with lower quality. On dazzle preliminaries the nature of B&D P-T items frequently outranked those of the makes whose quality was seen to be better, inferring that B&D’s issue isn't of having awful items, yet of having a terrible notoriety. One factor adding to the apparent higher caliber of Makita and Milwaukee is that both are estimated at a higher cost than normal, and all things considered, are 5-10% more than B&D. This distinction in value adds to encourage the discernment by the P-T advertise that in light of the fact that the competitors’ nudge... ...f B&D P-T line may remain. The suggested Option 3 is that B&D ought to go with the set up DeWalt and Industrial Yellow. Promoting DeWalt alone is a superior decision, as there are negative view of the B&D line concerning diminished quality. Expanding the DeWalt brand mindfulness and improving the apparent quality will be simpler and more fruitful to achieve than expanding B&D’s saw quality at the P-T showcase. The shade of the new line ought to be â€Å"Industrial Yellow† in light of the fact that other force device organizations have not utilized this shading. It is a striking shading, and will stand apart contrasted with the other P-T hues. In the beginning periods, the positive affiliations will be related with the first DeWalt Company’s notoriety and security as this shading is utilized to show wellbeing. As the DeWalt line’s positive market discernments develop, Industrial Yellow will be simpler to recognize the top of the line P-T line and will naturally be related with top notch merchandise. In spite of the fact that not adequate without anyone else, Option 4 is additionally intriguing for B&D, since Makita has just harmed associations with retailers, and retailers â€Å"push† of items is a significant component in driving deals.

Strengthen Your Friendships With Good Listening Skills

Strengthen Your Friendships With Good Listening Skills Stress Management Relationship Stress Print Strengthen Friendships With Good Listening Skills By Elizabeth Scott, MS twitter Elizabeth Scott, MS, is a wellness coach specializing in stress management and quality of life, and the author of 8 Keys to Stress Management. Learn about our editorial policy Elizabeth Scott, MS Updated on December 01, 2019 Thomas Barwick / Iconica / Getty Images More in Stress Management Relationship Stress Effects on Health Management Techniques Situational Stress Job Stress Household Stress Good listening skills are vital to healthy relationships. Whether youre strengthening a relationship, resolving a conflict, or offering support to a facing a crisis, good listening skills can be a lifeline to peace. Learn how to be a truly supportive listener, and you may find yourself surrounded by others who are able to do the same. Here are some important steps to developing good listening skills: Heres How Listen, Listen, Listen. Ask your friend what’s wrong, and really listen to the answer. Let them vent their fears, frustrations, and other important feelings, maintaining eye contact and showing that you’re interested in what they have to say. Resist the urge to give unsolicited advice, and just let them get it out.Reframe What You Hear. Summarize and repeat back your understanding of what they’re saying so they know you’re hearing them, and focus on the emotions they might be feeling. For example, if your friend is talking about family problems, you might find yourself saying, “It looks like things are getting pretty hostile. You sound like you’re feeling hurt.”Ask About Feelings. Ask them to expand on what they’re feeling and why. Asking about their feelings provides a good emotional release and might be more helpful than just focusing on the facts of their situation.Keep the Focus on Them. Rather than delving into a related story of your own, keep the focus on them until they feel better. You can reference something that happened to you if you bring the focus back to them quickly. They will appreciate the focused attention, and this will help them feel genuinely cared for and understood.Help Brainstorm. Rather than giving advice at the beginning, which cuts off further exploration of feelings and other communication, wait until they’ve gotten their feelings out, and then help them brainstorm solutions. If you help them come up with ideas and look at the pros and cons of each, they’re likely to come up with a solution they feel good about. Or they might feel better after just being able to talk and feel heard. Tips Stay Present. Sometimes people feign listening, but they’re really just waiting for their friend to stop talking so they can say whatever they’ve been mentally rehearsing while they’ve been pretending to listen. People can usually sense this, and it doesn’t feel good. Also, they tend to miss what’s being said because they’re not focused.Don’t Give Advice.  Ive mentioned this a few times already, but its important  because unsolicited advice can actually create stress.  It’s common to want to immediately give advice and ‘fix’ your friend’s problem. Unless its specifically requested, don’t. While you’re trying to help, what would work for you might not work for your friend; also, advice can feel condescending. Unless they ask directly for advice, your friend probably just wants to feel heard and understood, and then find his or her own solutions.Trust the Process. It might feel a little scary to listen to feelings before diving into solutions, and hearing you r friend talk about upset feelings might even make you feel helpless. But usually offering a supportive ear and sitting with your friend in an uncomfortable place is the most helpful thing you can do, and once the feelings are cleared out, the solutions can start coming.Let Things Even out Over Time. With all this focus on your friend’s problems, it might be difficult not to focus equal time on your own. Relax in the knowledge that, when you need a friend, your friend will likely be a better listener for you. If you’re consistently doing all the giving, you can re-evaluate the dynamics of the relationship. But being a good listener can make you a stronger, more caring person and bring a more supportive angle to your relationships.

Strengthen Your Friendships With Good Listening Skills

Strengthen Your Friendships With Good Listening Skills Stress Management Relationship Stress Print Strengthen Friendships With Good Listening Skills By Elizabeth Scott, MS twitter Elizabeth Scott, MS, is a wellness coach specializing in stress management and quality of life, and the author of 8 Keys to Stress Management. Learn about our editorial policy Elizabeth Scott, MS Updated on December 01, 2019 Thomas Barwick / Iconica / Getty Images More in Stress Management Relationship Stress Effects on Health Management Techniques Situational Stress Job Stress Household Stress Good listening skills are vital to healthy relationships. Whether youre strengthening a relationship, resolving a conflict, or offering support to a facing a crisis, good listening skills can be a lifeline to peace. Learn how to be a truly supportive listener, and you may find yourself surrounded by others who are able to do the same. Here are some important steps to developing good listening skills: Heres How Listen, Listen, Listen. Ask your friend what’s wrong, and really listen to the answer. Let them vent their fears, frustrations, and other important feelings, maintaining eye contact and showing that you’re interested in what they have to say. Resist the urge to give unsolicited advice, and just let them get it out.Reframe What You Hear. Summarize and repeat back your understanding of what they’re saying so they know you’re hearing them, and focus on the emotions they might be feeling. For example, if your friend is talking about family problems, you might find yourself saying, “It looks like things are getting pretty hostile. You sound like you’re feeling hurt.”Ask About Feelings. Ask them to expand on what they’re feeling and why. Asking about their feelings provides a good emotional release and might be more helpful than just focusing on the facts of their situation.Keep the Focus on Them. Rather than delving into a related story of your own, keep the focus on them until they feel better. You can reference something that happened to you if you bring the focus back to them quickly. They will appreciate the focused attention, and this will help them feel genuinely cared for and understood.Help Brainstorm. Rather than giving advice at the beginning, which cuts off further exploration of feelings and other communication, wait until they’ve gotten their feelings out, and then help them brainstorm solutions. If you help them come up with ideas and look at the pros and cons of each, they’re likely to come up with a solution they feel good about. Or they might feel better after just being able to talk and feel heard. Tips Stay Present. Sometimes people feign listening, but they’re really just waiting for their friend to stop talking so they can say whatever they’ve been mentally rehearsing while they’ve been pretending to listen. People can usually sense this, and it doesn’t feel good. Also, they tend to miss what’s being said because they’re not focused.Don’t Give Advice.  Ive mentioned this a few times already, but its important  because unsolicited advice can actually create stress.  It’s common to want to immediately give advice and ‘fix’ your friend’s problem. Unless its specifically requested, don’t. While you’re trying to help, what would work for you might not work for your friend; also, advice can feel condescending. Unless they ask directly for advice, your friend probably just wants to feel heard and understood, and then find his or her own solutions.Trust the Process. It might feel a little scary to listen to feelings before diving into solutions, and hearing you r friend talk about upset feelings might even make you feel helpless. But usually offering a supportive ear and sitting with your friend in an uncomfortable place is the most helpful thing you can do, and once the feelings are cleared out, the solutions can start coming.Let Things Even out Over Time. With all this focus on your friend’s problems, it might be difficult not to focus equal time on your own. Relax in the knowledge that, when you need a friend, your friend will likely be a better listener for you. If you’re consistently doing all the giving, you can re-evaluate the dynamics of the relationship. But being a good listener can make you a stronger, more caring person and bring a more supportive angle to your relationships.

Analysis Of Culture Change At Ford Motor Company - 1437 Words

An Analysis of Culture Change at Ford Motor Company When reflecting on the history of Ford Motor Company, the name Henry Ford is synonymous with the success of the company. Henry Ford created a culture of innovation and creativity (Brady Haley, 2013), and also one in which he doubled workers’ wagers to further highlight them as valuable assets to the company (Harnish, 2012). However, by 2006, the culture that Henry Ford created had drastically changed and the company was facing potential bankruptcy. To recreate the once powerful culture of Ford, Alan Mulally was brought in as CEO to overcome the dysfunctional culture and was able to prevent the company’s downfall (Brady Haley). The following will outline the changing culture that Mulally created. Ford’s Culture In order to understand the culture that had developed years after Henry Ford’s contributions, it is important to have an understanding of the meaning of organizational culture. Although there are various definitions of organizational culture it can largely be defined as shared meanings, values, interpretations, and norms (Alvesson Sveningsson, 2007). Along with this, Tohidi and Jabbari (2012) explained that leadership is a form of cultural expression and thus it makes sense why the introduction of Alan Mulally to the company and incorporating his leadership style was able to once again transform the company’s culture. Prior to Mulally’s arrival, the culture that had developed at Ford was described byShow MoreRelatedCase Study of Ford Motor Company1147 Words   |  5 Pagesï » ¿ Tim Randall Ford Motor Company has been recognized as one of the worlds most ethical companies by the Ethisphere Institute, a leading business ethics think tank (Ford Motor Company.com. Home Page. 2012. PP. 1). 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A good looking man has driven a red convertible mustang with a woman riding on the passenger side with a white scarf on her head as well as the lady is wearing a red satin top along with wearing plan make-upRead MoreFord Motor Company The Song Comes1637 Words   |  7 PagesWhen I think of Ford Motor Company the song comes in my mind, Mustang Sally, think you better slow your mustang down, you been running all over the town now, I guess I have to put your flat feet on the ground, all you want to do is ride around Sally, ride, Sally, ride. A good looking man is driven a red convertible mustang with a woman riding on the passenger side with a white scarf on her head as well as the lady is wearing a red satin top along with having on plan make-up with candy apple red lipstickRead MoreFord Motor Companys Transformation Essay634 Words   |  3 PagesIntroduction When Ford Motor Company saw rapidly changing technologies dramatically impacting how the world did business it also recognized that for the organization to remain competitive incorporating these technologies would be critical. The emergence of e-commerce presented an opportunity to improve company structure for information sharing and process changes that could also enhance relationships with suppliers, dealers and customers. 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The Problem With Bank Liquidity Management Finance Essay - Free Essay Example

Sample details Pages: 11 Words: 3288 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? This chapter focuses on the results obtained based on the empirical analyses conducted to test the research objectives. The descriptive statistics calculated for the sample are provided in the sections that follow. That is, the data pertaining to the variables included in the study, as collected by the questionnaire is summarised by means of calculation of descriptive measures. In this manner, the properties of the observed data clearly emerge and an overall picture thereof is obtained. The descriptive and inferential statistics generated for the conjectured relationships are presented and discussed. STATEMENT OF THE PROBLEM: The problem with bank liquidity management is that when banks get it wrong, there can be drastic consequences for the economy. This can be seen today from the continuing effects of what started in 2007. The economy is still in a rut and although Gross Domestic Product (GDP) has once again begun to pick up, unemployment remains at the ex tremely high level of 9.7% according to the most recent Bureau of Labour Statistics Report (Bureau of Labour Statistics, 2010). A key issue to ensure progress has to be how to make sure banks successfully balance their liquidity management in order to be stable and still provide the market with liquidity. Public policy makers will aim to continue strong national economic growth while keeping low unemployment and inflation. Banks themselves have a motive to ensure stability and also increase profits. Economies for years have struggled with liquidity risk. The sheer size and complexity of the modern economy increases the importance of this issue and this is all the more reason it needs to be carefully considered. 4.1 RESPONDENT CHARACTERISTICS A total of 70 completed questionnaires were received from the banks, representing a 51.9% response rate. The majority of respondents, 87% of whom were male and 13% were female as shown in Table 4.1. (N=70) Gender Frequency Perc entage Male 61 87% Female 09 13% Table 4.1: Gender Distribution of Respondents The chart below here shows the gender distribution of respondents. Ten respondents were between 25 and 30, remaining 50 respondents were between 31-35 years of age and the remaining respondents were older than 35. Age Frequency Percentage 25-30 years 10 14% 31-35 years 50 72% 35 years 10 14% Table 4.2: Age of Respondents The chart below here shows the age of respondents. 4.2. RESPONDENT ANSWERS: 4.2.1. Liquidity risk breaks the silo based approach: Liquidity risk break the silo based approach to manage risk as Basel 3 is the best opportunity to break down. That starts with the senior management establishing a detailed, clearly defined definition of the overall risk appetite of the bank. This ensures that shareholders, deposit holders and other stakeholders have a clear understanding of the business strategy. From there, a numb er of steps should be taken to ensure that the bank truly takes ownership of the risks it is running at the group level, as well as at lower business or division levels. Systems should be developed based on common data inputs to drive market, credit and liquidity risk. A single data load with all the attributes required for market, counterparty credit risk, RWA, economic capital and liquidity risk should be extracted from source systems. Since this data would be shared across risk types, data reconciliation requirements would be automatically met. At the same time, there should be consistent calculation engines that share common models and provide coherent measures across risk types. For example, cash flow generation for liquidity risk should use the same cash flow generation routines common to market risk and counterparty credit risk. There should also be integrated reporting across risk types to give senior managers and investors a consistent view across the enterprise of the i mpact of different types of risk. Meanwhile, systems should be designed that allow both for large volume, enterprise-wide batch runs and also interactive what-if analysis. This will also enable consistent stress testing across market, credit and liquidity risks, as they will all be driven by common risk factors. The implementation of such measures would allow the interplay between capital and liquidity to be fully tested. With this breaking down of risk silos, senior management will be able to view a dashboard of risk indicators that give them a true picture of their group balance sheet and variances from the stated risk appetite. This will mean that senior managers will once again, like the days before the emergence of complex banking, take ownership of the bank portfolio balance sheet at the legal entity level, in turn allowing them to take a harder line if they feel they have to. As Basel 3 progresses it is crucial that the interconnected nature of the risks on the balance she et is properly assessed, while taking account of regulations and accounting standards. It is, therefore, time to break down those silos. 4.2.2. Misunderstanding how liquidity risk and capital are connected By viewing capital as a primary mitigant of liquidity risk, we fail to understand the nature of that risk. Capital mitigates unexpected losses, but not cash flow imbalances, such as funding liquidity risk. Liquidity risk is crystallized when a bank has to undertake a last minute fire sale of assets to meet its obligations. In short, if an institution has a liquidity problem, then it needs cash, not capital. Indeed, should a liquidity situation arise and the bank begins using reserves set aside to guard against liquidity risk in order to absorb losses and meet obligations, then the value of the company and thus the value of the capital are also likely to decline, since the bank will start to be perceived as riskier. Liquidity risk and capital are therefore inextricably lin ked. This linkage has not been recognized by the Basel Committees primary response to liquidity risk, the liquidity coverage ratio (LCR), and the net stable funding ratio (NSFR).As with previous compartmentalized approaches to risk management, these ratios more or less view liquidity risk as a stand-alone risk silo. As such, the implementation of the current approach does not effectively address the flawed silo-based approach. The LCR requires that banks hold enough liquid assets to offset the sum of all cash outflows expected over the next 30 days. It tries to ensure the bank owns liquid resources to such an amount that short-term cash obligations will be fulfilled even under severe stress. The NSFR focuses on the structural balance between maturities of bank assets versus liabilities. Through the application of a one-year term horizon, it aims to prevent banks from exposing themselves to extreme maturity transformation risks through funding medium and long-term assets with very short-term liabilities. The prescriptive nature of these ratios is not helpful, as it does not allow the tailoring of a liquidity risk buffer to the needs of the specific institution. Under a top-down, holistic risk management model, the senior management of the bank would decide on the size of the liquidity buffer and what survival horizon is appropriate for it, based on a careful assessment of the banks overall risk appetite. This is important from a best practice governance perspective, because if an institution is holding more than the needed amount of liquid assets, then the part of the liquidity buffer that is not needed has an opportunity cost associated with it; that money could be deployed elsewhere to make a higher return for shareholders. If the institution holds less than is necessary to maintain stability, then the bank risks bankruptcy. 4.2.3. Nature of the liquidity risk: Liquidity risk originates from the mismatch between the timings of cash inflows and outflo ws. As such, it is fundamentally inherent to the banking business. Indeed, one of the key social functions of the banking industry is the provision of intermediation so as to facilitate the reallocation of financial resources from the liquid sectors of the economy those that have excess financial resources to invest to the illiquid ones. The consequence of this is that the banking industry is necessarily exposed to maturity mismatch. Typically, the terms on which liquid operators are ready to invest their liquidity are shorter than that on which illiquid operators are willing to borrow. While reallocating financial resources from one sector to the other, the banking system bears such mismatch of maturities in the form of liquidity risk. A further natural consequence is that the banking industry is leveraged banks inherently work on deposits and other funding. Obviously, a high degree of leverage boosts the impact of any liquidity problem, both on an individual and a systemic basi s. In Basel 1 and Basel 2, liquidity risk received limited attention, with the regulations focused on the asset side of the balance sheet. Under Basel 2, risks arising from the liability side including liquidity risk and interest rate risk in the banking book are not subject to Pillar 1 minimum regulatory capital requirement. They are instead disciplined under pillar 2, with banks required to calculate the amount of capital they deem sufficient to support all their risks, which includes liquidity risk. However, after years of sterile debate on the possible methodologies for calculating the internal capital requirement for liquidity risk, it was generally accepted that capital alone was not a suitable mitigant for liquidity risk. As a result, the current Basel 2 framework does not effectively address liquidity risk. At the root of the Basel 2 framework is the fundamental assumption that a bank will always be creditworthy as long as asset quality is preserved. In other words, con sensus thinking before the credit crisis was that as long as the quality of assets was good enough, then the bank would always finance assets at fair prices for virtually any amount. However, this assumption failed to materialize when the crisis erupted and entire liquidity channels suddenly dried up, to the extent that even institutions with high ratings and excellent quality of assets collapsed or were threatened by collapse as a result of liquidity mismatches. The phenomenon grew to systemic proportions because many in the industry were massively leveraging maturity mismatches between assets and liabilities as a key component of their business model. Clearly, regulators cannot aim to remove liquidity risk from the system. Their best hope is to force banks to build liquid reserves such that, while not matching outflows in terms of maturities, there is an assurance that should a stress event occur then banks can withstand funding imbalances until the situation returns to normal. 4.3. QUALITY ASPECTS OF LIQUIDITY RISK MANAGEMENT: Most of the respondents (83%) answers that the bank maintains a strategy for the liquidity risk management approved by the management. Even though a strategy is maintained, the strategy is not in a revised manner by the banks risk management. It is a draw of the banks risk management. 4.4 STUDY OF LIQUIDITY RISK In the causes of liquidity risk model, we divide the causes of liquidity risk into bank-specific, supervisory and macroeconomic factors. The model is estimated through fixed effects regression. In the bank liquidity risk and performance model, we regard liquidity risk as an endogenous determinant of bank performance, and apply panel data instrumental variables regression to estimate this model. We also consider another factors affect bank performance besides liquidity risk. Besides, we divide these factors into bank-specific factors, market structure factors, supervisory factors, and macroeconomic conditions. Th e contribution of this study is to use alternative liquidity risk measures instead of liquidity ratio, and we are the first study to investigate the causes of liquidity risk. Furthermore, we find that liquidity risk is an endogenous determinant of bank performance. The analyses in subsample, we further classify countries as bank-based or market-based system, and investigate the different causes of liquidity risk in different financial systems. We also investigate the effect of liquidity risk on bank performance in different financial systems. We find that liquidity risk is the endogenous determinant of bank performance. The causes of liquidity risk include components of liquid assets and dependence on external funding, supervisory and regulatory factors and macroeconomic factors. Besides, we also find that liquidity risk may lower bank profitability (ROAA and ROAE). Banks with larger gap lack stable and cheap fund, and thus they have to use liquid assets or much external funding to meet the demand of fund, increase banks cost of funding. It consequently decreases banks profitability. However, liquidity risk will increase banks net interest margins (NIM). It indicates that banks with high levels of illiquid assets in loans may receive higher net interest income. The financing behaviour is very different between bank-based and market-based financial system. In our study, we classify countries as bank-based or market-based system, and investigate the difference of causes of liquidity risk in different financial systems. The empirical results indicated that the bank-specific variable has the same effect on bank liquidity risk in two financial systems. About supervision and regulation, it provides that greater official power; higher activity restrictiveness will diminish bank liquidity risk in market-based financial system. However, we find that greater regulatory empowerment of private monitoring of banks will increase bank liquidity risk in market-based fin ancial system. Regarding macroeconomic environment, the results indicates that boom economy make banks run down their liquidity buffer in market-based financial system, but macroeconomic has no effect on bank liquidity risk in bank-based financial system. Besides, we further investigate bank liquidity risk and performance in different financial systems. We find that liquidity risk has different effects on bank performance in different financial systems. Liquidity risk is negatively related to bank performance in market-based financial system; however, it has no effect on bank performance in bank-based financial system. Finally, we check the robustness of our results using alternative liquidity risk measures, net loans to customer and short term funding. We find that the results are almost same as the model using financing gap to total assets ratio (FGAPR). Table No.1 Opinion about the financial banking system needed to function in a proper and effective manner S. No. Opi nion No. of Respondents Percentage 1. Efficient Transfer of funds between lenders to borrowers 18 36 2. Efficient and correct pricing of financial assets 10 20 3. Secure and efficient payments resulting in liquidity 22 44 Total 50 100 The above table shows that majority 44% of the respondents stated that the financial banking system needed to function in a proper and effective manner with secure and efficient payments resulting in liquidity, 36 indicates efficient transfer of funds between lenders to borrowers and the remaining 20% expressed efficient and correct pricing of financial assets. Table No.2 Awareness of Basel Core Principles S. No. Opinion No. of Respondents Percentage 1. Preconditions for effective banking supervision 41 82 2. Licensing and structure 27 54 3. Prudential regulations and requirements 38 76 4. Methods of ongoing banking supervision 29 58 5. Information requirements 43 86 6. Formal powers of supervision 34 68 7. Cross border banking 36 72 The above tables reveals that majority (86%) of the respondents are aware about the information requirements in basel core principles, 82% are aware about the preconditions for effective banking supervision, 76% are aware about the prudential regulations and requirements, 68% of the respondents are aware about the formal powers and supervision, 58% are aware about the methods of ongoing banking supervision and the remaining 54% are aware about the licensing and structure. Table No.3 Parties considered for financing by the Basel 2 committee S. No. Opinion No. of Respondents Percentage 1. Retail SMEs 48 96 2. Factories 33 66 3. Commercial Real Estates 37 74 The above tables shows that majority (96%) of the parties considered to finance by the Basel 2 Committee are Retail SMEs, 74% of the re spondents are aware that the beneficiaries are commercial real estates and the rest 66% of them are aware the factories are the beneficiaries towards the Basel 2 Committee finance. Table No.4 Awareness about the retail loan segment hindering during the retail loan distribution Sl. No. Opinion No. of Respondents Percentage 1. Yes 46 92 2. No 4 8 Total 50 100 The above table shows that majorities (92%) of the respondents are aware about the retail loan segment hindering during the retail loan distribution and 8% of the respondents are not aware. Table No.5 Reasons aware about the hindrances S. No. Reasons No. of Respondents Percentage 1. Only SMEs are benefited from this distribution 23 50 2. All retail segments are not covered 12 26 3. Banks step towards self protection 11 24 Total 46 100 The above tables shows that half (50%) of the respondents are aware that only SMEs are benefited from this distribution, 26% of the respondents are aware all retail segments are not covered and the remaining 24% of the respondents are aware only banks step towards self protection. Table No.6 Impacts on SMEs or retail loan segment due to banks self protection S. No. Opinion No. of Respondents Percentage 1. Hindrance in growth of retail segment 12 24 2. Hindrance in growth of economy 38 76 Total 50 100 The above tables shows that majority (76%) of the respondents stated that the impact on SMEs or retail loan segment due to banks self protection hinders the growth of the economy and 24% considered the hindrance in growth of retail segment. Table No.7 Other Disadvantages Sl. No. Opinion No. of Respondents Percentage 1. Restricting retail segment to small business 15 30 2. Non-consideration higher business volume 35 70 Total 50 100 The above table shows that majority (70%) of the respondents considers other disadvantages as non-consideration higher business volume and 30% indicates that restricting retail segment to small business. Table No.8 Awareness about the three issues of risk addressed during the proposal Sl. No. Opinion No. of Respondents Percentage 1. Yes 35 70 2. No 15 30 Total 50 100 The above table shows that majority (70%) of the respondents is aware about the three issues of risk addressed during the proposal and 30% of the respondents are not aware. Table No.9 Impact of the risk considered very high Sl. No. Reasons No. of Respondents Percentage 1. Counter party credit risk 10 29 2. Credit derivatives 9 25 3. Operational risk 16 46 Total 35 100 The above tables shows that less than half (46%) of the respondents stated that operational risk impact is considered as very high, 29% considered counter party c redit risk and the remaining 25% considered credit derivatives risk. Table No.10 Risk involved in counterparty credit risk Sl. No. Opinion No. of Respondents Percentage 1. Medium potential exposure measure and manage the credit risk 7 20 2. Loss given default rate is relatively high 28 80 Total 35 100 The above tables shows that majority (80%) of the respondents stated loss given default rate is relatively high which is the risk involved in counterparty credit risk and 20% of the respondents expressed medium potential exposure measure and mange the credit risk. Table No.11 Risk involved in credit Derivatives Sl. No. Opinion No. of Respondents Percentage 1. Substitution approach 18 51 2. Offset approach 17 49 Total 35 100 The above tables shows that more than half (51%) of the respondents stated that the substitution approach is the highest risk involved in credit derivatives a nd 49% opined offset approach as the risk factor involved in credit derivative risk. The disadvantages of substitutional approach and offset approach are Substitutional approach substitutes the risk weight of the protection seller in place of the risk weight of the reference credit. Offset approach reduces the amount of current exposure by the amount of protection provided by the credit derivatives Table No.12 Awareness about the major impact of double default Sl. No. Awareness No. of Respondents Percentage 1. Reference credit 34 68 2. Protection seller 16 32 Total 50 100 The above tables shows that most (68%) of the respondents are aware that the reference credit as the major impact of double default and 32% of the respondents are aware about the protection seller. Table No.13 Advantages in structure of Basel 2 Sl. No. Awareness High Medium Low Total 1. Fundamental safety and soundness bank ing principles 22 21 7 50 2. Reasonable trade off between enhanced risk sensitivity and implementation burden 36 8 4 50 3. Capital charges are stable over the economic cycle 31 12 7 50 4. Improvement in risk management practice 18 20 12 50 5. Greater Risk Sensitivity 46 2 2 50 6. Reflect and support sound risk management practices 39 6 5 50 7. Adapt to evolving markets and products 17 24 9 50 8. Promote and enhance a level playing field across international boundaries 11 15 24 50 The above tables shows that the advantages in the structure of Basel 2 are self explanatory, however, 46 (92%) of the respondents stated the greater risk sensitivity as high, 39 (78%) of the respondents indicated reflect and support sound risk management practices as high, 36 (72%) expressed reasonable trade off between enhanced risk sensitivity and implementation burd en, 31 (62%) of the respondents opined capital charges are stable over the economic cycle and considered high, 24 (48%) of the respondents stated medium on the adapt to evolving markets and products and the remaining 24 (48%) stated low over the promotion and enhancement of level playing field across international boundaries. Don’t waste time! Our writers will create an original "The Problem With Bank Liquidity Management Finance Essay" essay for you Create order

Light and Darkness in The Odyssey - 827 Words

The Odyssey may be a story of a heroic adventure, but it has a deeper underlying theme: light vs. dark. Odysseus himself expresses these qualities through out the epic, and affects the people around him in many ways. The epic poem The Odyssey translated by Robert Fitzgerald is the journey on a hero after the Trojan War and about the troubles his family has back on his homeland on Ithaca. Even though the story follows the basic hero cycle, so to speak, I believe the true theme is the struggle of light and darkness. The characters go through dramatic changes that bring out their â€Å"light† and â€Å"dark† sides, which change the fate of everyone in the story. Odysseus, our hero may not be as gratifying as he seems. He is a hero of the Trojan War, king of Ithaca and generally loved by everyone. He is welcomed at nearly everyone’s households through out his journey and is a respectful guest and host. However we see Odysseus’ darker side come out when he p unishes his maids, he tells Telemakhos to, â€Å" take them outside, these women, between the roundhouse and the palisade, and hack them with your swordblades till you cut the life out of them†(Fitzgerald 423). Odysseus was being a little extreme when he ordered the execution of women who where probably afraid of the suitors and would do anything to stay alive. Also, even though Odysseus is a very clever man, his darker more boastful side comes into play on Polyphemus’ island. He has clever plan of tricking the Cyclops, he tellsShow MoreRelatedCaves as Symbol of Chaos Essay1662 Words   |  7 Pagesof caves in mythology to depict darkness and abandonment has branded it as a symbol of chaos. From this perception other associations are made which connect the cave to prejudices, malevolent spirits, burial sites, sadness, resurrection and intimacy. 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