Mla Format Free Essays

string(32) " entry in the Works Cited List\." General Guidelines * Type your paper on a computer and print it out on standard, white 8. 5 x 11-inch paper. * Double-space the text of your paper, and use a legible font (e. We will write a custom essay sample on Mla Format or any similar topic only for you Order Now g. Times New Roman). Whatever font you choose, MLA recommends that the regular and italics type styles contrast enough that they are recognizable one from another. The font size should be 12 pt. * Leave only one space after periods or other punctuation marks (unless otherwise instructed by your instructor). * Set the margins of your document to 1 inch on all sides. Indent the first line of paragraphs one half-inch from the left margin. MLA recommends that you use the Tab key as opposed to pushing the Space Bar five times. * Create a header that numbers all pages consecutively in the upper right-hand corner, one-half inch from the top and flush with the right margin. (Note: Your instructor may ask that you omit the number on your first page. Always follow your instructor’s guidelines. ) * Use italics throughout your essay for the titles of longer works and, only when absolutely necessary, providing emphasis. If you have any endnotes, include them on a separate page before your Works Cited page. Entitle the section Notes (centered, unformatted). Formatting the First Page of Your Paper * Do not make a title page for your paper unless specifically requested. * In the upper left-hand corner of the first page, list your name, your instructor’s name, the course, and the date. Again, be sure to use double-spaced text. * Double space again and center the title. Do not underline, italicize, or place your title in quotation marks; write the title in Title Case (standard capitalization), not in all capital letters. Use quotation marks and/or italics when referring to other works in your title, just as you would in your text: Fear and Loathing in Las Vegas as Morality Play; Human Weariness in â€Å"After Apple Picking† * Double space between the title and the first line of the text. * Create a header in the upper right-hand corner that includes your last name, followed by a space with a page number; number all pages consecutively with Arabic numerals ( 1, 2, 3, 4, etc. ), one-half inch from the top and flush with the right margin. Note: Your instructor or other readers may ask that you omit last name/page number header on your first page. Always follow instructor guidelines. ) Here is a sample of the first page of a paper in MLA style: Image Caption: The First Page of an MLA Paper Basic In-Text Citation Rules In MLA style, referring to the works of others in your text is done by using what is known as parenthetical citation. This method involves placing relevant source information in parentheses after a quote or a paraphrase. General Guidelines * The source information required in a parenthetical citation depends (1. upon the source medium (e. g. Print, Web, DVD) and (2. ) upon the source’s entry on the Works Cited (bibliography) page. * Any source information that you provide in-text must correspond to the source information on the Works Cited page. More specifically, whatever signal word or phrase you provide to your read ers in the text, must be the first thing that appears on the left-hand margin of the corresponding entry in the Works Cited List. You read "Mla Format" in category "Papers" In-Text Citations: Author-Page Style MLA format follows the author-page method of in-text citation. This means that the author’s last name and the page number(s) from which the quotation or paraphrase is taken must appear in the text, and a complete reference should appear on your Works Cited page. The author’s name may appear either in the sentence itself or in parentheses following the quotation or paraphrase, but the page number(s) should always appear in the parentheses, not in the text of your sentence. For example: Wordsworth stated that Romantic poetry was marked by a â€Å"spontaneous overflow of powerful feelings† (263). Romantic poetry is characterized by the â€Å"spontaneous overflow of powerful feelings† (Wordsworth 263). Wordsworth extensively explored the role of emotion in the creative process (263). Both citations in the examples above, (263) and (Wordsworth 263), tell readers that the information in the sentence can be located on page 263 of a work by an author named Wordsworth. If readers want more information about this source, they can turn to the Works Cited page, where, under the name of Wordsworth, they would find the following information: Wordsworth, William. Lyrical Ballads. London: Oxford U. P. , 1967. Print. In-text Citations for Print Sources with Known Author For Print sources like books, magazines, scholarly journal articles, and newspapers, provide a signal word or phrase (usually the author’s last name) and a page number. If you provide the signal word/phrase in the sentence, you do not need to include it in the parenthetical citation. Human beings have been described by Kenneth Burke as â€Å"symbol-using animals† (3). Human beings have been described as â€Å"symbol-using animals† (Burke 3). These examples must correspond to an entry that begins with Burke, which will be the first thing that appears on the left-hand margin of an entry in the Works Cited: Burke, Kenneth. Language as Symbolic Action: Essays on Life, Literature, and Method. Berkeley: U of California P, 1966. Print. In-text Citations for Print Sources with No Known Author When a source has no known author, use a shortened title of the work instead of an author name. Place the title in quotation marks if it’s a short work (e. g. articles) or italicize it if it’s a longer work (e. g. lays, books, television shows, entire websites) and provide a page number. We see so many global warming hotspots in North America likely because this region has â€Å"more readily accessible climatic data and more comprehensive programs to monitor and study environmental change . . . † (â€Å"Impact of Global Warming† 6). In this example, since the reader does not know the author of the article, an abb reviated title of the article appears in the parenthetical citation which corresponds to the full name of the article which appears first at the left-hand margin of its respective entry in the Works Cited. Thus, the writer includes the title in quotation marks as the signal phrase in the parenthetical citation in order to lead the reader directly to the source on the Works Cited page. The Works Cited entry appears as follows: â€Å"The Impact of Global Warming in North America. † GLOBAL WARMING: Early Signs. 1999. Web. 23 Mar. 2009. We’ll learn how to make a Works Cited page in a bit, but right now it’s important to know that parenthetical citations and Works Cited pages allow readers to know which sources you consulted in riting your essay, so that they can either verify your interpretation of the sources or use them in their own scholarly work. Author-Page Citation for Classic and Literary Works with Multiple Editions Page numbers are always required, but additional citation information can help literary scholars, who may have a different edition of a classic work like Marx and Engels’s The Communist Manifesto. In such cases, give the page number of your e dition (making sure the edition is listed in your Works Cited page, of course) followed by a semicolon, and then the appropriate abbreviations for volume (vol. , book (bk. ), part (pt. ), chapter (ch. ), section (sec. ), or paragraph (par. ). For example: Marx and Engels described human history as marked by class struggles (79; ch. 1). Citing Authors with Same Last Names Sometimes more information is necessary to identify the source from which a quotation is taken. For instance, if two or more authors have the same last name, provide both authors’ first initials (or even the authors’ full name if different authors share initials) in your citation. For example: Although some medical ethicists claim that cloning will lead to designer children (R. Miller 12), others note that the advantages for medical research outweigh this consideration (A. Miller 46). Citing a Work by Multiple Authors For a source with three or fewer authors, list the authors’ last names in the text or in the parenthetical citation: Smith, Yang, and Moore argue that tougher gun control is not needed in the United States (76). The authors state â€Å"Tighter gun control in the United States erodes Second Amendment rights† (Smith, Yang, and Moore 76). For a source with more than three authors, use the work’s bibliographic information as a guide for your citation. Provide the first author’s last name followed by et al. or list all the last names. Jones et al. counter Smith, Yang, and Moore’s argument by noting that the current spike in gun violence in America compels law makers to adjust gun laws (4). Or Legal experts counter Smith, Yang, and Moore’s argument by noting that the current spike in gun violence in America compels law makers to adjust gun laws (Jones et al. 4). Or Jones, Driscoll, Ackerson, and Bell counter Smith, Yang, and Moore’s argument y noting that the current spike in gun violence in America compels law makers to adjust gun laws (4). Citing Multiple Works by the Same Author If you cite more than one work by a particular author, include a shortened title for the particular work from which you are quoting to distinguish it from the others. Lightenor has argued that computers are not useful tools for small children (â€Å"Too Soon† 38), though he has acknowledged elsewhere that early exposure to computer games does lead to better small motor skill development in a child’s second and third year (â€Å"Hand-Eye Development† 17). Additionally, if the author’s name is not mentioned in the sentence, you would format your citation with the author’s name followed by a comma, followed by a shortened title of the work, followed, when appropriate, by page numbers: Visual studies, because it is such a new discipline, may be â€Å"too easy† (Elkins, â€Å"Visual Studies† 63). Citing Multivolume Works If you cite from different volumes of a multivolume work, always include the volume number followed by a colon. Put a space after the colon, then provide the page number(s). (If you only cite from one volume, provide only the page number in parentheses. . . . as Quintilian wrote in Institutio Oratoria (1: 14-17). Citing Indirect Sources Sometimes you may have to use an indirect source. An indirect source is a source cited in another source. For such indirect quotations, use â€Å"qtd. in† to indicate the source you actually consulted. For example: Ravitch argues that high schools are pre ssured to act as â€Å"social service centers, and they don’t do that well† (qtd. in Weisman 259). Note that, in most cases, a responsible researcher will attempt to find the original source, rather than citing an indirect source. Citing Non-Print or Sources from the Internet With more and more scholarly work being posted on the Internet, you may have to cite research you have completed in virtual environments. While many sources on the Internet should not be used for scholarly work (reference the OWL’s Evaluating Sources of Information resource), some Web sources are perfectly acceptable for research. When creating in-text citations for electronic, film, or Internet sources, remember that your citation must reference the source in your Works Cited. Sometimes writers are confused with how to craft parenthetical citations for electronic sources because of the absence of page numbers, but often, these sorts of entries do not require any sort of parenthetical citation at all. For electronic and Internet sources, follow the following guidelines: * Include in the text the first item that appears in the Work Cited entry that corresponds to the citation (e. g. author name, article name, website name, film name). * You do not need to give paragraph numbers or page numbers based on your Web browser’s print preview function. Unless you must list the website name in the signal phrase in order to get the reader to the appropriate entry, do not include URLs in-text. Only provide partial URLs such as when the name of the site includes, for example, a domain name, like CNN. com or Forbes. com as opposed to writing out http://www. cnn. com or http://www. forbes. com * Multiple Citations * To cite multiple sources in the same parenthetica l reference, separate the citations by a semi-colon: * . . . as has been discussed elsewhere (Burke 3; Dewey 21). When a Citation Is Not Needed Common sense and ethics should determine your need for documenting sources. You do not need to give sources for familiar proverbs, well-known quotations or common knowledge. Remember, this is a rhetorical choice, based on audience. If you’re writing for an expert audience of a scholarly journal, for example, they’ll have different expectations of what constitutes common knowledge. MLA Works Cited Page: Basic Format Summary: MLA (Modern Language Association) style is most commonly used to write papers and cite sources within the liberal arts and humanities. This resource, updated to reflect the MLA Handbook for Writers of Research Papers (7th ed. and the MLA Style Manual and Guide to Scholarly Publishing (3rd ed. ), offers examples for the general format of MLA research papers, in-text citations, endnotes/footnotes, and the Works Cited page. Contributors:Tony Russell, Allen Brizee, Elizabeth Angeli, Russell Keck Last Edited: 2010-07-13 12:51:47 According to MLA style, you must have a Works Cited page at the end of your research paper. All entrie s in the Works Cited page must correspond to the works cited in your main text. Basic Rules * Begin your Works Cited page on a separate page at the end of your research paper. It should have the same one-inch margins and last name, page number header as the rest of your paper. * Label the page Works Cited (do not italicize the words Works Cited or put them in quotation marks) and center the words Works Cited at the top of the page. * Double space all citations, but do not skip spaces between entries. * Indent the second and subsequent lines of citations five spaces so that you create a hanging indent. * List page numbers of sources efficiently, when needed. If you refer to a journal article that appeared on pages 225 through 250, list the page numbers on your Works Cited page as 225-50. Additional Basic Rules New to MLA 2009 * For every entry, you must determine the Medium of Publication. Most entries will likely be listed as Print or Web sources, but other possibilities may include Film, CD-ROM, or DVD. * Writers are no longer required to provide URLs for Web entries. However, if your instructor or publisher insists on them, include them in angle brackets after the entry and end with a period. For long URLs, break lines only at slashes. * If you’re citing an article or a publication that was originally issued in print form but that you retrieved from an online database, you should type the online database name in italics. You do not need to provide subscription information in addition to the database name. Capitalization and Punctuation * Capitalize each word in the titles of articles, books, etc, but do not capitalize articles (the, an), prepositions, or conjunctions unless one is the first word of the title or subtitle: Gone with the Wind, The Art of War, There Is Nothing Left to Lose. * New to MLA 2009: Use italics (instead of underlining) for titles of larger works (books, magazines) and quotation marks for titles of shorter works (poems, articles) Listing Author Names Entries are listed alphabetically by the author’s last name (or, for entire edited collections, editor names). Author names are written last name first; middle names or middle initials follow the first name: Burke, Kenneth Levy, David M. Wallace, David Foster Do not list titles (Dr. , Sir, Saint, etc. ) or degrees (PhD, MA, DDS, etc. ) with names. A book listing an author named â€Å"John Bigbrain, PhD† appears simply as â€Å"Bigbrain, John†; do, however, include suffixes like â€Å"Jr. † or â€Å"II. † Putting it all together, a work by Dr. Martin Luther King, Jr. would be cited as â€Å"King, Martin Luther, Jr. † with the suffix following the first or middle name and a comma. More than One Work by an Author If you have cited more than one work by a particular author, order the entries alphabetically by title, and use three hyphens in place of the author’s name for every entry after the first: Burke, Kenneth. A Grammar of Motives. [à ¢â‚¬ ¦ ] —. A Rhetoric of Motives. [†¦ ] When an author or collection editor appears both as the sole author of a text and as the first author of a group, list solo-author entries first: Heller, Steven, ed. The Education of an E-Designer. ?Heller, Steven and Karen Pomeroy. Design Literacy: Understanding Graphic Design. Work with No Known Author Alphabetize works with no known author by their title; use a shortened version of the title in the parenthetical citations in your paper. In this case, Boring Postcards USA has no known author: Baudrillard, Jean. Simulacra and Simulations. [†¦ ] Boring Postcards USA. [†¦ ] Burke, Kenneth. A Rhetoric of Motives. [†¦ ] An Article from an Online Database (or Other Electronic Subscription Service) Cite articles from online databases (e. g. LexisNexis, ProQuest, JSTOR, ScienceDirect) and other subscription services just as you would print sources. Since these articles usually come from periodicals, be sure to consult the appropriate sections of the Works Cited: Periodicals page, which you can access via its link at the bottom of this page. In addition to this information, provide the title of the database italicized, the medium of publication, and the date of access. Note: Previous editions of the MLA Style Manual required information about the subscribing institution (name and location). This information is no longer required by MLA. Junge, Wolfgang, and Nathan Nelson. â€Å"Nature’s Rotary Electromotors. † Science 29 Apr. 2005: 642-44. Science Online. Web. 5 Mar. 2009. Langhamer, Claire. â€Å"Love and Courtship in Mid-Twentieth-Century England. † Historical Journal 50. 1 (2007): 173-96. ProQuest. Web. 27 May 2009. Works Cited â€Å"Blueprint Lays Out Clear Path for Climate Action. † Environmental Defense Fund. Environmental Defense Fund, 8 May 2007. Web. 24 May 2009. Clinton, Bill. Interview by Andrew C. Revkin. â€Å"Clinton on Climate Change. † New York Times. New York Times, May 2007. Web. 25 May 2009. Dean, Cornelia. â€Å"Executive on a Mission: Saving the Planet. † New York Times. New York Times, 22 May 2007. Web. 25 May 2009. Ebert, Roger. â€Å"An Inconvenient Truth. † Rev. of An Inconvenient Truth, dir. Davis Guggenheim. Rogerebert. com. Sun-Times News Group, 2 June 2006. Web. 24 May 2009. GlobalWarming. org. Cooler Heads Coalition, 2007. Web. 24 May 2009. Gowdy, John. â€Å"Avoiding Self-organized Extinction: Toward a Co-evolutionary Economics of Sustainability. † International Journal of Sustainable Development and World Ecology 14. 1 (2007): 27-36. Print. An Inconvenient Truth. Dir. Davis Guggenheim. Perf. Al Gore, Billy West. Paramount, 2006. DVD. Leroux, Marcel. Global Warming: Myth Or Reality? : The Erring Ways of Climatology. New York: Springer, 2005. Print. Milken, Michael, Gary Becker, Myron Scholes, and Daniel Kahneman. On Global Warming and Financial Imbalances. † New Perspectives Quarterly 23. 4 (2006): 63. Print Nordhaus, William D. â€Å"After Kyoto: Alternative Mechanisms to Control Global Warming. † American Economic Review 96. 2 (2006): 31-34. Print. —. â€Å"Global Warming Economics. † Science 9 Nov. 2001: 1283-84. Science Online. Web. 24 May 2009. Shulte, Bret. â€Å"Putting a Price on Pollution. † Usnews. com. US News World Rept. , 6 May 2007. Web. 24 May 2009. Uzawa, Hirofumi. Economic Theory and Global Warming. Cambridge: Cambridge UP, 2003. Print. The above is taken from: The Purdue OWL. Purdue U Writing Lab, 2010. Web. April 7, 2011. How to cite Mla Format, Papers MLA Format Free Essays MLA Format Free Essays

Economic Growth Banking Sector Development -Myassignmenthelp.Com

Question: Discuss About The Economic Growth Banking Sector Development? Answer: Introduction International expansion involves strategy for market entry that includes vital choices such as market focus, determining the target customers, allocation of resources, services and product offering and so on (Chen et al., 2015). When it comes to banks, expanding to foreign lands require knowledge about that countrys government as well as banking regulations (Considine et al., 2016). In addition to that, banks have to analyze the banking culture followed in the target nation. Amungo and Buck (2017), in a study concerning the expansion of Nigerian banks revealed the relevance of various theories relating to internationalization of organizations. The authors mentioned three specific theories that are the resource based view (RBV) theory, the eclectic theory and the transaction cost analysis (TCA) theory. According to the eclectic theory, banks have to explore the Ownership advantages that include managerial skills, specialized banking services, reputation and so on. Then, the banks have to focus on the Location advantages that are posed by the target nation including easy regulations, market size, and government interference and profit opportunities. Lastly, the theory mentions the Internalization advantage tha t concerns internalization of operations of the bank in foreign market. The RBV approach supports the view that banks have the advantage of managerial abilities, the brands reputation and organizational culture amongst others that help them expand in other countries. As per the TCA theory however, focuses more on factors like the entry and transact cost of the bank. The cultural proximity between two countries, property rights, legal concerns are included in the TCA factors (Cho, Lee Lee, 2015). The given report focuses on the Australian and New Zealand Banking Group Limited (ANZ) and its strategy to expand in Brazil, France and Korea. The report provides an overview of the bank and then proceeds to the market analysis that would help it formulate the required strategy for expansion. ANZ Bank currently has headquarters in Melbourne, Australia and after its Asian expansion strategy; it aims to penetrate into the European and South American market. Overview of ANZ Bank Established in October 1951, ANZ operates in more than thirty countries providing services like retail, corporate and commercial banking, insurance, transaction banking and many more (Anz.com, 2018). It is the largest bank in New Zealand and fourth largest in Australia. The bank is also amongst the top fifty banks in the world. Involved in many award-winning initiatives, ANZ believes in adapting to changing environment in order to meet customer demands. The bank also drafts policies that are aligned with the Sustainable Development Goals (SDGs) of the United Nations. With Shayne Elliott as the CEO, ANZ has an organizational structure that deviates from the hierarchical structure. The banks culture allows every employee to have a say in matters regarding any operation or decision. In a recent announcement, the bank decided to overhaul its structure and adopt an approach that distinguishes itself from others. According to the CEO, the bank aims to follow a term-based approach that would enable it to do things in a more agile way. In matters concerning ethical code of conducts, ANZ has developed two separate guidelines for directors and employees to be followed. In addition, it has prepared a Conduct and Ethics Policy Framework that comprises the ethical standards that need to be maintained in the company. These ethical policies and codes of conducts are maintained strictly in the bank that has helped it maintain a reputable and respectable position in the market. With a view to expand its operations in countries beyond the Asia-Pacific region, the bank has initiated a strategy to bring further amendments in its organizational policy. One of its policies is to acquire foreign banks and merge those with its own. However, the process would not be easy as the countries chosen for expansion have very strict rules and regulations regarding banking (Pradhan et al., 2014). It is but also true, that ANZ has an advantage of strong base in Australia, which it can utilize to establish foreign branches. The ANZ Bank holds a very good reputation within Australia and New Zealand despite being stained with controversies in the past. As already mentioned ANZ holds the top rank in New Zealand and is fourth biggest in Australia. It is thus evident that the bank does have a stronghold in its native place. However, in order to acquire businesses in Brazil, France and Korea, the bank has to clear off its name from the controversies and look ahead. The CEO mentioned this need in a recent statement made in the parliamentary committee of Australia where he stated that the bank is committed to rectify previous mistakes. He further added that steps have already been taken in this regard, those involved in forgery, and scandals have been removed. Market analysis of Brazil Banking system is Brazil has become quite efficient in recent times after years of economic sloth that slowed the countrys development pace. Many banks have installed sophisticated banking sites that not only offer banking services at a faster rate but also provide non-stop assistance to the customers. Numerous banks operate in the country with each city having at least one branch. Brazils five largest banks have around 10 to 15 thousand branches spread across the country and all international operations are centralized at the headquarters located majorly in Sao Paulo and Rio de Janeiro (Syriopoulos, Makram Boubaker, 2015). In addition, all the banks have corresponding branches in other nations. Brazils efforts to stabilize the financial condition during the late 20th century were commended by the global economic leaders and experts. This showed that the country had mechanisms that can cope with any situation leading to financial distress. Moreover, the flexible rules and regulations of the banking sector make it luring enough for international firms to eye it. ANZ, being in a phase of image rebuilding and progress, would have great scope in Brazil. The country has a lot to offer when it comes to strategic alliances and partnerships. In a study by Coleman and Feler (2015), it has been revealed that post the global crisis of 2011-2012, Brazil has emerged as a strong economic market. The government has also shown agility in allowing international firms establish business without burdening them with unnecessary rules and regulations. However, many obstructions have been laid by the government for international firms that have compelled many experts to believe that these regulations are too complex. Apart from the government, the Central Bank of Brazil too has a major role in drafting regulations. These regulations were imposed by the government in order to check tax evasion but these have consequently resulted in rigid regulatory policies. It is but also true that despite all these factors, many foreign banks have struck partnership deals with the local Brazilian banks and achieved success. Looking at ANZs future policy for expansion, it is evident that the bank is attempting to raise its technological base in order to make services smoother and friendly for customers. Chuang and Hu (2015) have found that the banks Super Regional Strategy aims towards forming positive affiliations beyond the boundaries of Australia and New Zealand. The bank is primarily targeting markets based in America, Europe and Asia, Brazil being one amongst these. Currently Brazil is going through the phase of economic renovation whereas ANZ aims to rebuild its image as a fair bank. Therefore, these two factors present a perfect scenario for the bank to open its branches there and become operational. Market analysis of France Although ANZ has an existing branch at Paris, it aims to achieve maximum benefits by expanding its operations there. France is one of the most dynamic countries in Europe with endless possibilities for business expansion. The country has a banking system that is characterized by increased regulations deriving mainly from the European scheme for encouraging a safe banking system (Alter Beyer, 2014). After Brexit, the French government has pepped up its efforts to lure more and more banks by easing regulations and cutting high rates of interest. Owing to this, other nations also found an opportunity to expand their business in France. Brexit has also provided an opportunity for ANZ to attract customers in not only France but also those leaving Britain to have access to better opportunities with the bank. Prior to Brexit, the banking and government regulations that existed in France were quite rigid and complex. The phase after the 2007 financial crisis especially saw many departments were formed that looked after the financial security of the country. These departments proved to be a hurdle for international firms who looked to expand their businesses. Nonetheless, ANZ managed to expand its operations in France when it opened its first branch in the country that served customers mostly belonging to the Asia-Pacific region (Lodhia, 2015). The branch provided wholesale retail services to the customers. Apart from that sole branch, ANZ has no other branches in the whole of France and that is the reason why it has aimed to expand its operations here. ANZ provides financial services as well other than providing banking services across the thirty-four nations. France being at the center now after Brexit, presents a golden opportunity for ANZ to target the market (Schoenmaker Peek, 2014). However, certain things have to be kept in mind while planning to approach the French market, one of which is the presence of the European Union. The regulations that govern banking operations in France have a major control of the laws drafted by the EU. Therefore, ANZ must understand this aspect and then take subsequent steps. Another obstacle that ANZ might face while expanding to France is the language barrier. Although employees are trained to work in any country with varying linguistic backgrounds, it is not easy to get along from the beginning (De Jonghe ztekin, 2015). Although the French government has announced establishment of institutions to provide language training, it remains to be seen how long it would take the country to adapt as per international demand. Nonetheless, with technology as the leading objective, ANZ has the opportunity and the prospect to prosper in its international expansion aimed at France (Theguardian.com, 2018). Market analysis of Korea South Koreas banking sector has been an area of concern for the past few decades despite the fact that the countrys financial standard has shown improvement (Bruno Shin, 2014). Both the government and the investors have are facing problems regarding the sectors stability. However, the good news for ANZ is that the regulations imposed by the Financial Services Commission (FSC) have been eased. Owing to the improvement in the standard of regulation quality, customers and clients have been endowed with opportunities to find a prospect in the country. In a report by the Scotia Bank on South Koreas economy, the efforts put by the South Korean government to stabilize the countrys banking sector have been found (Gbm.scotiabank.com, 2018). Among its peers, South Korea is probably the most stable and open economy amidst all the geopolitical and political turmoil. It has also been found that the government is putting in increased efforts to make the banking sector more flexible and welcoming towards international firms. In an attempt to attract investors, the government is providing monetary support to policy banks that are negatively affected by the issues facing the shipbuilding and shipping industries. Apart from that, South Koreas credit ratings and sovereign debts have also shown resilience. According to Standard Poors (SP), the strong public finances and encouraging policy environment have resulted in the countrys economic stability and rating (Xinhuanet.com, 2018). In spite of that, expanding to South Korea must have to be strategized sensibly looking at the situation faced by the existing foreign banks in the country. In a report published in the Financial Times, the HSBC Banking group aired its concern regarding banking in the Asian country (Ft.com, 2018). The disappointment has been expressed majorly in the retail banking area where foreign banks have performed the lowest. The cause for this poor performance has been attributed to the excessive government interference. A look at the countrys economic performance in the last financial year of 2017, signs of improvement are there but the banking environment is still displaying signs of instability (Eiu.com, 2018). However, with the increasing influence of the global economy and technology and South Koreas attitude towards it, global banks do have a strong chance to prosper in their endeavor in the country. ANZ group with its mission to provide unconditional services to customers irrespective o f country, cast or community has strong chances of doing well in Korea (Yoo, Kang Kim, 2015). Strategy formulation for ANZ ANZ provides numerous services to its customers both within and beyond Australia and New Zealand. Apart from the retail, corporate and commercial banking services, the ANZ group also provides financial services like investment, superannuation, providing financial solutions and insurance to millions of customers. Another feature of ANZ is that it provides state-of-the-art technology solutions to its customers. The firm believes in complete utilization of technology and thus it has laid stress on technology. After evaluating the markets of Brazil, France and Korea, it is evident that ANZ has great scope in expanding its business in these countries. In order to formulate strategy for the expansion, ANZ has to decide as to which area of business it wants to focus on while expanding. A look at ANZs purpose and strategy for its existing businesses, presents great opportunities for growing further. One of its business purposes is to internationalize its domestic services by reaching out to customers in different countries. Therefore, certain strategies have to be articulated to ensure error free and concrete plan for international expansion. First, ANZ has to analyze if its business is flourishing in its native region and if not, it has to make sure that the existing market is bringing in profit. This strategy involves minimum risk and maximum results, as the company would target its existing customers with new pricing, products and services. The existing customers would make it known to the company if the strategy has worked or not. This is one advantage of applying this strategy. Second, the company can look to develop fresh market segmentation. This strategy would require thorough market research to determine the new target group. Third and the most important are the merger and acquisition of existing companies or groups. ANZ is planning to enter into strategic partnerships and acquisitions in the said countries to grow its business (Ferreira et al., 2014). Hence, applying this strategy in the domestic market as an initial step would greatly help ANZ prepare for the international expansion. One aspect that often elude s the strategic planning is the understanding of cultural differences while establishing business in other countries. ANZ is based in Australia and it plans to expand its business in Brazil, France and Korea that are culturally distinct from Australia. Hence, training employees to adapt in those culturally distinct countries must be included in the expansion strategy (Turner Nugent, 2015). Recommendations Jiang, Holburn and Beamish (2014) suggest a firm that plans to expand to foreign markets must consider evaluating the performance of other firms in the target markets. This would help the firms understand the environment of the target markets and the risks associated as well. ANZ may follow these recommendations while formulating the plan. These include: Proper market segmentation is essential, as it would help ANZ demarcate its customers according to various businesses Market research must be done adequately and with emphasis recent trends evident in the target countries Goals and objectives must be prepared beforehand keeping in mind the budget and other necessities (Forbes.com 2018). A top-down budget should be developed along with a strategic project plan with consigned dates Reviewing regulations imposed by government and industry of the target country must be done after proper product gap analysis. This would ensure obtaining of certifications and compliance if needed It must also be made sure that the products and services decided to be marketed has been named and designated as per the said countrys local language and tradition Focus should be more on the companys strength rather on areas where it has not delved into yet or areas where it lacks consistency. Further, local distribution networks and logistics must be developed to sell the product and services through authentic and credible channels Apart from that, ANZ must be equipped with organizational, legal, finance and tax strategies that enables it to implement everything with given time and with perfection Conclusion The future success of a firm depends on the present strategies it implements. When it international expansion for developing the business, strategies become increasingly important. ANZ is a reputable banking company based in Australia and New Zealand that plans to expand the Asian, North American and European nations. It provides financial services to customers in thirty-four countries including Australia and New Zealand. ANZ has been in the news for several reasons mostly for its scandals and forgery. Shayne Elliott, the new CEO has pledged to rebuild the companys image by removing the stained employees and getting closer to the customers. With its vision to become a technologically advanced financing group, ANZ has employed many strategies pertaining to the development of technology. It is thus important for the company to test its capability whether it is ready to explore international areas of business. The report presented a systematic analysis of the expansion strategy that nee ds to be formulated by the company. In the report, it has also been highlighted that the bank has to rebuild its image in the public before planning to expand further as its image had been tarnished by past controversies. In addition, the report has provided a clear understanding of the current and previous market conditions prevailing in Brazil, France and Korea. Both the negative and positive aspects of economy in each country have been elaborated in the report. After analyzing the attractiveness of each market, it can be stated that ANZ has strong chances of being successful in these countries. However, certain things have to be kept in mind before taking a step forward. The report has provided recommendations for ANZ that it should follow to expand and grow its business. References: Alter, A., Beyer, A. (2014). The dynamics of spillover effects during the European sovereign debt turmoil.Journal of Banking Finance,42, 134-153. Amungo, E., Buck, T. (2017). International Expansion of Nigerian Banks Which Theories of Internationalization Prevailed?.Nile Journal of Business and Economics,3(6), 79-96. Anz.com. (2018).Our company | ANZ.Anz.com. Retrieved 17 January 2018, from https://www.anz.com/about-us/our-company/?_ga=2.211592848.444738037.1516171263-1507321494.1516079777 Bruno, V., Shin, H. S. (2014). Assessing macroprudential policies: case of South Korea.The Scandinavian Journal of Economics,116(1), 128-157. Chen, Y. M., Liu, H. H., Ni, Y. T., Wu, M. F. (2015). A rational normative model of international expansion: Strategic intent perspective, market positions, and founder CEOs/family-successor CEOs.Journal of Business Research,68(7), 1539-1543. Cho, I., Lee, J., Lee, K. (2015). Study on scenario-based personnel risk analysis.Research Briefs on Information Communication Technology Evolution,1, 111-124. Chuang, C. C., Hu, F. L. (2015). Technology Strategy-Innovating for Growth of ANZ Bank.International Review of Management and Business Research,4(3), 682. Coleman, N., Feler, L. (2015). Bank ownership, lending, and local economic performance during the 20082009 financial crisis.Journal of Monetary Economics,71, 50-66. Considine, B., Krahel, J. P., Lenk, M. M., Janvrin, D. J. (2016). Social Technology: A Compendium of Short Cases.Issues in Accounting Education Teaching Notes,31(4), 43-56. De Jonghe, O., ztekin, . (2015). Bank capital management: International evidence.Journal of Financial Intermediation,24(2), 154-177. Eiu.com. (2018).South Korea: Banking sector risk.Eiu.com. Retrieved 17 January 2018, from https://www.eiu.com/industry/article/365258220/south-korea-banking-sector-risk/2017-03-17 Ferreira, M. P., Santos, J. C., de Almeida, M. I. R., Reis, N. R. (2014). Mergers acquisitions research: A bibliometric study of top strategy and international business journals, 19802010.Journal of Business Research,67(12), 2550-2558. Forbes.com. (2018).Forbes Welcome.Forbes.com. Retrieved 17 January 2018, from https://www.forbes.com/sites/allbusiness/2015/03/04/10-key-steps-to-expanding-your-business-globally/#5993ace33803 Ft.com. (2018).Foreign banks struggle in South Korea.Ft.com. Retrieved 17 January 2018, from https://www.ft.com/content/6f1d4f04-14f9-11e3-b3db-00144feabdc0 Gbm.scotiabank.com. (2018).Executive Briefing: SOUTH KOREA.Gbm.scotiabank.com. Retrieved 17 January 2018, from https://www.gbm.scotiabank.com/English/bns_econ/southkorea-execbriefing.pdf Jiang, G. F., Holburn, G. L., Beamish, P. W. (2014). The impact of vicarious experience on foreign location strategy.Journal of International Management,20(3), 345-358. Lodhia, S. (2015). Exploring the transition to integrated reporting through a practice lens: An Australian customer owned bank perspective.Journal of Business Ethics,129(3), 585-598. Pradhan, R. P., Arvin, M. B., Hall, J. H., Bahmani, S. (2014). Causal nexus between economic growth, banking sector development, stock market development, and other macroeconomic variables: The case of ASEAN countries.Review of Financial Economics,23(4), 155-173. Schoenmaker, D., Peek, T. (2014). The state of the banking sector in Europe. Syriopoulos, T., Makram, B., Boubaker, A. (2015). Stock market volatility spillovers and portfolio hedging: BRICS and the financial crisis.International Review of Financial Analysis,39, 7-18. Theguardian.com. (2018).France steps up effort to woo London banks planning Brexit move.the Guardian. Retrieved 17 January 2018, from https://www.theguardian.com/business/2017/jul/07/france-london-banks-brexit-paris-taxes Turner, G., Nugent, J. (2015). International linkages of the Australian banking system: Implications for financial stability.JASSA, (3), 34. Xinhuanet.com. (2018).S.Korea picks 12 banks as liquidity providers in Won-Yuan direct market - Xinhua | English.news.cn.Xinhuanet.com. Retrieved 17 January 2018, from https://www.xinhuanet.com/english/2017-12/22/c_136845613.htm Yoo, C., Kang, B. T., Kim, H. K. (2015). Case study of the vulnerability of OTP implemented in internet banking systems of South Korea.Multimedia Tools and Applications,74(10), 3289-3303

Wilderness Essays - Animal Welfare, Zoo, Circus,

Wilderness Ethics Wildlife can be found all over the world. Animals come in all shapes and sizes and some still haven't even been accounted for. Animals were on this planet long before man, but they may not be here when man leaves. The animals' downfall results from the extensive studying, exploitation, and the destruction of their habitats, which should be against the law. There is a lot of information that can still be learned about certain species of animals. This information is good, only if it furthers human knowledge and the animal's well being. Studies done on animals involve clinical research. Taking an animal out of the wild simply to research it for common knowledge is unnecessary. Information on any animal can be gained by observation of the animal in its own natural habitat. Altering the behavior of animals is a different form of "injustice." The best example of the behavioral alteration is the circus. Under the big top of the circus, wild animals are taught to do tricks upon command. The audience sees obediently trained animals; but cannot see the process that it takes to tame those wild animals. The wild animals have a home in the circus until they lose their ability to perform. When the animals lose their ability to perform, they also lose their ability to fend for themselves in the wild. Therefore once their career in the circus is over, they must remain in captivity for the rest of their lives. Zoos are another business that profits at the expense of animals. Wild animals are hunted down and purposely taken from their habitat only to be put in cages. Over the years, zoos have become nicer and can accommodate a large number of species, but they are not the best home for animals. A life behind iron bars cannot compare to the life the animals would have running or flying free in the wild. The zoos' only justification is that the animals are taken care of well. Animals must be treated better, and their environments need to be saved if they are going to survive. Studying animals has a few benefits; but when the research is over, the animals are no better off. Despite the fact that zoos and the circus do more harm than good for the animals, they both will probably be around for along time. Therefore humans must learn to coexist with animal species that inhabited this planet long before man arrived.

Lord of the Flies and 1984 Essay Example

Lord of the Flies and 1984 Essay Example Lord of the Flies and 1984 Essay Lord of the Flies and 1984 Essay Essay Topic: 1984 Lord Of the Flies The government is supposed to protect and provide for their people but unfortunately this isn’t always the case. Some leaders would try to get power so that they can use it unjustly and have total control over the society they rule. Many dictators in the past such as Hitler and Mussolini that ruled back in 1930’s have used their position as leaders to make unethical decisions for their entire country and giving themselves the authority to get away with anything. Both ruled with totalitarian characteristics. Lord of the Flies and Nineteen Eighty Four are two stories created in the post Second World War era. The novel Lord of the Flies, written by William Golding symbolizes the natural darkness of humanity shown using a group of young boys that try to construct civilization. While the novel Nineteen Eighty Four written by George Orwell, represents the dangers of a totalitarian society. Both novels Lord of the Flies and Nineteen Eighty Four share major themes that contribu te to the corruption of a community because the government would use their power unjustly leading to a dangerous totalitarian society, the idea that power or dictatorship are achieved through psychological manipulation, and finally, physical action is often used to maintain control and power within the societies present in both novels. A totalitarian society is when a country is governed under one man or a group of people. This government will control every aspect of your life including who you associate with, where you work and even go as far as controlling thoughts which would all lead to the dehumanization of an individual. The concept of dehumanization is present in the novel Lord of the Flies where a young boy named Jack progressively becomes more power dependent and thrives off of his control which leads him into becoming a savage by the end of the novel. Jack was the first to cast off the restraints of civilisation and led the boys down a path of savagery.  T

Caroll is a subsidiary

Caroll is a subsidiary Introduction Caroll is a subsidiary of the Vivarte group since 1988. This brand is one of the ready-to-wear sector’s successes, which has been known and appreciated by many women for over 40 years. Caroll is particularly renowned for the quality of its products. With over 350 stores, about 100 of which are abroad Caroll is a brand that is ever growing both in France and internationally. Caroll’s culture is based on a shared brand vision:  § Strong product identity,  § A high degree of adaptability,  § An innovative brand/distributor concept. The company’s niche was knitwear only. The 1970s were boom years! In the 1980s, Caroll began to evolve†¦In 1980, it added a ready-to-wear collection and its first franchise shops in France. In 1984, Caroll opened its first branch shops. Four years later, Caroll International was listed on the stock exchange and the Andrà © group, which was to become Vivarte in 2001, purchased a large share in the company. The 199 0s were revolutionary! In 1994, Caroll International defined a new positioning for itself, creating the â€Å"Caroll Paris† brand and introducing new strategies with a view to becoming a key player in the world of fashion, for a targeted yet sizeable female clientele, well informed and with high standards. In just a few years, Caroll International succeeded in completely changing its image and significantly increased its market share. After having transformed its network in France, Caroll International began to expand in other countries in 1997. Since 2000, Caroll has strengthened its image by taking on a huge challenge: the application of luxury codes to distribution. With a wealth of experience in its sector, the Brand is now particularly appreciated for the quality of its products, its expertise and its style. Part One: Marketing Audit A. Corporate Level 1. The company mission Caroll has its styling bureau in Paris. This bureau detects trends and creates collections it abl e to react quickly and design new products. Caroll missions are to design fashion clothes women, staying at the top of the fashion each seasons. The second mission is to sell this clothes and accessories by franchising new shops all around the world. 2. Company objectives & goals In order to faced with constantly evolving fashion, Caroll has chosen to continuously renew itself and launch new models, new colours throughout the season. The goal is to keep up with the latest looks. Caroll has to answer to the women wants. So, clothes are perfectly cut, the choice materials are an important part of its renewed. Caroll doesn’t offers only clothes fashion, it also sells accessories: scarves, jewellery, belts, bags, shoes, etc. B. Marketing Mix: 4 P’s  § Product: Caroll has a large range of products. All the products are based on three same styles that are based on the â€Å"details finishing† and the â€Å"high quality material† used. The silhouettes are real ly important: o 3 trends o 3 styles o 3 lines All the product’s shapes are well defined and cut in chosen materials, which offers a very elegant to order outfits. Caroll collection:  § Blouses  § Coats  § Dresses  § Jackets  § Pants  § Skirts  § Sweaters

Summary Of The Elements Essay Example | Topics and Well Written Essays - 750 words

Summary Of The Elements - Essay Example The work of Abu Nasr has the significant contribution to the prevailing geometrical artwork of the Islamic culture such as those found in the wood art, tiles and much more. As noticed, the Islamic Scholars and mathematicians so far are involved in Mathematics with significant influence of their prevailing culture. Islamic culture had adapted mathematics, particularly geometric influence because it can be associated with it in the first place, especially in the face of artworks and everyday living. It is therefore of significant consideration that Islamic geometers did not eventually engage in mathematics just for the sole purpose of intellectual stimulation, but definitely in order to provide something for the continuing body of knowledge, especially the one that was founded by Euclid, the Euclidean geometry. The Euclidean Geometry has eventually provided a great influence on the Islamic Scholars, particularly the geometers. The Muslim geometers were able to provide the contribution in the formulation of concepts, or even extending the basic concepts of Euclid on geometry. As a result, the Muslim geometers were able to also provide ways to integrate the concept of mathematics and geometry in their arts, and in general, in their culture. From the above point of view, it is evident and so it is clear to say that Muslim geometers had significant contributions to the growing body of knowledge of geometry. The fundamental output associated with their learning of the mathematical concepts.

Introduction to modern Chinese History Essay Example | Topics and Well Written Essays - 750 words

Introduction to modern Chinese History - Essay Example Way back in the history of the world’s civilization, china had consolidated the global power and superiority compared to the rest countries (Chaurasia, 2004). It was the major source of the world’s steel that enabled her to gain more wealth and invest in other productive economic activities. It is considered to be the earliest world’s leading in innovations that gave the whole world its backbone in industrial development, an example is the textile manufacturing industries that were seven centuries older than those that were invented in Britain. With the floating capital, china was the leading nation in trade that earned it more wealth. It engaged in the long distance trade with other countries in the various continents such as Africa, Europe, the Middle East and Southern Asia (Kane, 2006). With the interaction to the rest of the world nations, China borrowed more ideas that were utilized effectively thereby making her agricultural and industrial revolution move m uch steps ahead; it engaged in the production of writing materials that ensured proper records were kept for more production activities (Goldman & Lee,2002). This further earned her the opportunity to be the world superpower that exported her goods across all nations by the use of her commercial ships. However, China’s prosperity set a blaze to other nations more especially the British and the Europeans that had sleepless nights in the bid to interact with her, so that they can be able to borrow more from their technological advancement. The British imperialism therefore challenged the china’s superiority and the dominant global position in the world market (Schoppa, 2011). Therefore, the British and the Western engaged on an imperial conquest of the East that was instigated by the material gain in order to prosper in their economies and to ensure they do not allow china to dominate any longer as a superpower. This was not an easy task for them; as a result they were unable to