Tuesday, December 31, 2019

Competition Policy For Financial Crisis Essay - 1980 Words

TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY OF REPORT 2.0 OBJECTIVE OF REPORT 3.0 INTRODUCTION 3.1 WHAT IS COMPETITION POLICY 3.2 COMPETITION POLICIES ACROSS INDUSTRIES IN VARIOUS JURISDICTIONS. 4.0 PERSPECTIVES OF COMPETITION POLICY IN GLOBAL BANKING 4.1 RATIONALE EXEMPTING BANKING INDUSTRY FROM THE FULL RIGOUR OF COMPETITION POLICY 5.0 DEVELOPMENTS IN COMPETITION POLICY IN RESPONSE TO THE FINANCIAL CRISIS OF LATE 2000s 6.0 CONCLUSION AND RECOMMENDATIONS 7.0 APPENDICES 8.0 BIBLIOGRAPHY ASSIGNMENT QUESTION In the past and in many jurisdictions, the banking industry has been exempted from the full rigours of competition policy, owing to concerns that competition in banking might be harmful to the stability of the financial system. Critically evaluate the rationale for such an exemption, and examine developments in thinking concerning the application of competition policy to financial services following the financial crisis of the late-2000s. 1.0 EXECUTIVE SUMMARY While competition laws are put in place to prevent restrictive practices as well as limit or eliminate the activities of Cartels from forming large Corporations that would deprive product consumers from exercising their rights and ultimately jeopardise the overall public interests, financial institutions all over the world have evolved into what I call a ‘Cosmic Pecuniary’. The developments in various fields especially in technology have brought about variousShow MoreRelatedTheu.s. Housing Market And The U.s. Financial Crisis1448 Words   |  6 Pagesbetween 2007 and 2009, led to the biggest global financial crisis. The impact of this crisis extended over the world, and the economies of many countries were damaged. Kawai stated that: ‘The ongoing global crisis has had a profound impact on the Asia and Pacific region, particularly on its exports.’ (2009:1) There were a lot of factors which brought about the crisis. Due to limited space, this essay will look at the U.S. housing market and the U.S. financial system, and discuss the increasing demand ofRead MoreThe State Run Regulatory System942 Words   |  4 Pagessystem is Federal verses State Regulation protecting the markets, insurance industry and policy holders and was evidenced during the financial crisis of 2008-09. The insurance business is highly profitable. â€Å"Well-run companies can make a lot of money, which breeds competition† from both â€Å"inside and outside competitors† (Property, 2013). Insurance companies were well â€Å"insulated† from the â€Å"severe† financial crisis of 2007-2008 that affected the banks and security firms, because the State regulationsRead MoreBanking and Financial System are Heavily Regulated1122 Words   |  5 PagesBanking is a heavily regulated industry that is very protected to prevent crises that can cause hug e economic harm. One topic that has been greatly debated in the history of financial systems is whether competition is good or bad for financial stability. It is complex and hard to know which side is right. Pretty much everyone with an opinion at least concedes that there are good points for both sides. All the arguments run both ways, and the evidence is mixed. History can show evidence that bothRead MoreA Brief Note On Sweden And Finland And Sweden997 Words   |  4 PagesMost developed countries have suffered through at least one financial crisis. The term financial crisis is in itself very broad and applies to a various number of situations in which financial institutions or financial assets rapidly decrease in value. In the late 1980’s and early 1990’s, the Scandinavian countries – along with Finland – all faced rather serious financial crises, but the outcomes differed vastly among the nations as Denmark and Sweden pushed through to fairly satisfa ctory resultsRead MoreMacro Environment Analysis1011 Words   |  5 Pages Political Legal Australia government help established trade policies to protect local clothing industries from imported good through high tariffs, quotas, and subsidies. According to Jayanthakumaran (2001), the World Trade Organization (WTO) and the Asia Pacific Economic Cooperation (APEC) have planned to remove the protection on Textiles, Clothing and Footwear (TCF) industries in Australia. Regarding the intense competitions over TCF industries globally, Australia and western industries didRead MoreGlobal Financial Crisis And Its Effect On Australian Retails Markets1214 Words   |  5 PagesThe Report gives the insight of Global Financial crisis and its effect on Australian Retails Markets and Supermarkets. Particular the Impact of GFC on the one of the second largest leading independent supermarket, FOODWORKS during the period of 2007-2009 and examines the impact of the Global Financial crisis on the performance of the company. The global financial crisis brought with it very many challenges. Some were controllable while others were uncontrollable. Foodworks being the secondRead MoreEssay on Mortgage Crisis on Money Supply1480 Words   |  6 PagesImpact of the Mortgage Crisis on Money Supply in the US AMESIA HARRIS FINANCE 364 PROFESSOR CROSS Impact of the Mortgage Crisis on Money Supply in the US This paper presents the effects of expansionary monetary policy to macro economic variables in the economy. The United States of America recorded a mortgage crisis since 2007. The financial sector issued out massive amounts of money to individuals to acquire homes. This was in line with government campaigns for equitable housing of US citizensRead MoreThe 2008 Recession Affected The Global Economy1532 Words   |  7 Pagesunemployment rate in the United States began to skyrocket as well. Below is a graph depicting the unemployment rate in the United States during the 2008 recession. This graph data is from Oregon Economic Crisis Analysis. With lower rats of employment the United States Federal Reserve needed monetary policy to stimulate the economy. With many individuals loosing their jobs primarily in the housing sector the spiral continued through other sectors. It was not only builders and contractors who lost theirRead MoreFinancial Crisis And Its Effects On Economy1413 Words   |  6 PagesIn 1997, Asia financial crisis broke out. It brought a huge and negative influence on economy of Asia, even the world economy. Financial crisis which is the value of financial assets decline, lots of financial institution out of business or stock market crash. Currency plays an important role in the market. It is a base that keep economic stability in the country. When currency change significantly, the country’s economy in turmoil. The financial crisis started from Thailand, and then PhilippinesRead MoreThe Unified Monetary Policy Has Been Considered As The Most Impressive Step Into The Practical Europeanisation1361 W ords   |  6 PagesThe Unified monetary policy has been considered as the most impressive step into the practical Europeanisation, by which Euro citizens has not only felt the changes in daily life, but potentially internalised the positive concept that being part of EU will bring more happiness to next generations. A continuous debate between convergence and divergence within European continent had remained controversy and unresolved along with several significant agreements made due to the predicted economic advantages

Monday, December 23, 2019

The Problems With Military Deployments - 1126 Words

Joseph Weikart Professor Hundley English 85, Section 6013 21 October 2015 The Problems With Military Deployments Even today, most American’s are unaware about the problems that military families face. Right now the United States military has a record-breaking number of active-duty parents deployed in various military conflicts all across the world. The long conflicts in Iraq and Afghanistan has majorly affected many families. New research is showing the affects the deployments are having on military families, especially how the children are being affected. Many of the children are having problems with their education and also may have sociological problems. This is not a new problem, but only in the last couple of decades has the†¦show more content†¦Lt. Taijeron’s story is one that is mirrored by many other service-members. Many deployed parents also feel guilt when they miss significant events that occur in their children’s lives. Many resources suggest that loved ones should send many pictures or videos of the children, so that the service-member does not feel t otally excluded in their children’s life. Even though the Department Of Defense and many private organizations have many resources and also have started many support programs to help military families, many families still struggle to cope with the separations during long deployments. One effect that some military children face is the inability to focus on their education while they are worried about their deployed or absent parent or other family member. In Lyle Amaani’s article, â€Å"Much- Traveled Military Children Enjoy Opportunities, Face Challenges†, Navy Admiral Harry B. Harris Jr states, â€Å"It’s no surprise that studies have shown that children of military parents are often more vulnerable to fear and anxiety, and that those stressors manifest themselves behaviorally and academically†. Worrying about their parent on deployment can affect military children’s grades and cause them to not perform as well as their classmates in school. In a report

Sunday, December 15, 2019

Marketing Product Failure Research Free Essays

Kelvinator which ruled Indian refrigerator industry but it lost its place because it fell into a cobweb of ownership issues. Whirlpool did not invest in Kelvinator since it had the rights to the brand only till 1997. So during these years, Whirlpool harvested Kelvinator while developing its own brand. We will write a custom essay sample on Marketing Product Failure Research or any similar topic only for you Order Now When the brand came back to its original owner, Electrolux did not had the money to build this baby. In 2005, Kelvinator was killed. One brand which failed only due to wrong marketing strategy is Liril. When the brand was launched the Liril girl became the talk of the town. Liril was positioned on the freshness platform right from its birth. The girl and the waterfall with the unique jingle ensured that the freshness is experienced by the audience. But the brand did not change its position for 25 years. There was a flurry of brand launches during the past 10 years and Liril was sleeping all the time † may be resting on the laurel. Liril tried to introduce the Icy mint variant very late and that too with a different jingle and imagery. But it did not work and the product failed. Canada Dry was launched in India in 1995. The brand, from Cadbury Schweppes, was a highly popular brand of soft drinks across the globe. The brand has positioned itself as champagne and the taste was different and refreshing. The brand was also promoted heavily in various media. The ad featuring the snow and tiger brings back the nostalgia about this brand. The brand was positioned as a premium cold drink. But alas; the brand did not last too long in the market. In 1999 CocaCola took over the beverages business of Cadbury Schweppes and like GoldSpot and Limca. Coke killed this brand. The only reason for Coke to kill these brands was to make way for Coke’s original brands. Vanilla Coke was touted as the greatest innovation since Diet Coke in 1983. Vanilla Coke was promoted in retro style. The brand had Vivek Oberoi , the then Bollywood flame endorsing the brand in an unusual style. Vivek sported the retro look with typical combination of Elvis style plus Shammi Kapoor style in an Old Lamby Scooter screaming Wakaw. The ads were surely clutter breaking and backed by 360 degree branding efforts that ensured good publicity. The brand also got into viral marketing. But the brand failed due to either bad taste or premium pricing. The failure of Vanilla Coke is a classic case that proves that Marketing is not a perfect science. There is no formula or theory that can make a brand successful. To Quote Kotler â€Å"Marketing is easy to teach and understand but difficult to practice†. How to cite Marketing Product Failure Research, Essays Marketing Product Failure Research Free Essays Kelvinator which ruled Indian refrigerator industry but it lost its place because it fell into a cobweb of ownership issues. Whirlpool did not invest in Kelvinator since it had the rights to the brand only till 1997. So during these years, Whirlpool harvested Kelvinator while developing its own brand. We will write a custom essay sample on Marketing Product Failure Research or any similar topic only for you Order Now When the brand came back to its original owner, Electrolux did not had the money to build this baby. In 2005, Kelvinator was killed. One brand which failed only due to wrong marketing strategy is Liril. When the brand was launched the Liril girl became the talk of the town. Liril was positioned on the freshness platform right from its birth. The girl and the waterfall with the unique jingle ensured that the freshness is experienced by the audience. But the brand did not change its position for 25 years. There was a flurry of brand launches during the past 10 years and Liril was sleeping all the time † may be resting on the laurel. Liril tried to introduce the Icy mint variant very late and that too with a different jingle and imagery. But it did not work and the product failed. Canada Dry was launched in India in 1995. The brand, from Cadbury Schweppes, was a highly popular brand of soft drinks across the globe. The brand has positioned itself as champagne and the taste was different and refreshing. The brand was also promoted heavily in various media. The ad featuring the snow and tiger brings back the nostalgia about this brand. The brand was positioned as a premium cold drink. But alas; the brand did not last too long in the market. In 1999 CocaCola took over the beverages business of Cadbury Schweppes and like GoldSpot and Limca. Coke killed this brand. The only reason for Coke to kill these brands was to make way for Coke’s original brands. Vanilla Coke was touted as the greatest innovation since Diet Coke in 1983. Vanilla Coke was promoted in retro style. The brand had Vivek Oberoi , the then Bollywood flame endorsing the brand in an unusual style. Vivek sported the retro look with typical combination of Elvis style plus Shammi Kapoor style in an Old Lamby Scooter screaming Wakaw. The ads were surely clutter breaking and backed by 360 degree branding efforts that ensured good publicity. The brand also got into viral marketing. But the brand failed due to either bad taste or premium pricing. The failure of Vanilla Coke is a classic case that proves that Marketing is not a perfect science. There is no formula or theory that can make a brand successful. To Quote Kotler â€Å"Marketing is easy to teach and understand but difficult to practice†. How to cite Marketing Product Failure Research, Essays

Saturday, December 7, 2019

Managing People in an Organisation-

Questions: 1.Challenges to anticipate in creating a shared vision for this changed Organization? 2.Internal and External Environmental Factors to consider in carving out a Multicultural Leadership path that will support success of the Organization. 3.How to work differently to Cultivate Organizational support within the different business units that is necessary to ensure the success of the Multicultural leadership effort. Answers: One challenge that the manager will face is integrating the varying needs of business units in different countries to a shared vision. The units exist in different countries with varying business environment and cultures that may be challenging to integrate into one since it is difficult to capture the collective mind and will. Further, Senge (1990, p. 10) adds that the environment may offer different rapid changes that may threaten to craft the vision to pull business needs towards the required organizational vision. The strategy may cause different creative organizational tensions that may require different levels of energy to harness them which may take longer or require more resources to achieve the intended outcome. Management will be forced to develop ways of meeting the varying needs of the business units and align them to the required goals. 2.Internal environment factors are systems, people, structures and conditions inside an organization that are controlled by the company. These factors are associated with the organizational culture and management style that may influence the leadership path to be taken by the organization to achieve the intended outcome. On the other hand, external environmental factors occur outside the organization may cause change since they are not under leadership control (Shieh Wang 2010, p. 299). These include economic forces, competition, customers, political and social conditions. These factors affect growth and long-term sustainability thus the need to monitor them and develop strategies to adapt to the external environment through a reactive approach. Leaders need to scan the environment through monitoring the above factors and develop strategies to accommodate opportunities and resolve threats through adjusting the system to adapt. SWOT and PESTEL analysis are the two tools used to appra ise the organization and change for the environment. 3.Cultivating organizational support requires working with the company to develop new abilities through developing strategic thinking in leaders. Learning systems are characterized by system thinking, mental models, shared visions, team learning, and personal mastery (Senge, et al. 1999, p. 11). Informed learning organization leaders will then work effortlessly to align the organizations culture to its teams. This new culture will form the basis organizational change to adapt to the environment. Strategic leaders work on business changes that exist in the environment through developing their internal abilities to strategic thinking to meet the changing needs. This strategy will help people work together to achieve the business goal despite coming from different units and backgrounds. Further, flattening the leadership structure to create a balance between different units will lead to reduced elitism and focus on business processes(Erbe, 2014). Salaries and responsibilities need to be balanced across the board to create a business environment that meets the needs of the organization rather than the individual. Leaders need to be trained on how to align human resources towards the business strategy at all times to develop business competitiveness. Lastly, motivation can be used to achieve support from different entities within the organization. Since leadership focusses on achieving desired outcomes through providing direction, motivation can be used to elicit certain behaviors in the organization that lead to achieving your multicultural leadership effort. Organizations should strive to meet employee needs for them to fulfill their requirements in the social contract that they have with the business (D'Souza Gurin 2016, p. 8). Different strategies like use of stimulus, employee training, work-life balance and organizational support can be used to create the desired outcomes. References D'Souza, J. Gurin, M., 2016. The universal significance of Maslow's concept of self-actualization. The Humanistic Psychologist, 44(2). Erbe, N., 2014. Approaches to Managing Organizational Diversity and Innovation. Chocolate Avenue: IGI Global Book Series. Senge, P., 1990. The Leader's New Work: Building Learning Organizations. Sloan Management Review, pp. 7-21. Senge, P. et al., 1999. The Dance of Change. NewYork: Currency Doubleday. Shieh, C. Wang, I., 2010. A study of the relationships between corporate core competence management innovation and corporate culture. International Journal of Organiational Innovation, 2(3), pp. 395-411.