...CHAPTER 4 Establishing New Banks, Branches, ATMs, Telephone Services, and Web Sites Goal of This Chapter: The purpose of this chapter is to learn how new banks are chartered by state and federal authorities in the United States, to determine what makes a good site for a new branch office, to recognize how the role of branch offices is changing, and to explore the advantages and disadvantages of automated banking facilities. Key Topics in This Chapter • Chartering New Financial-Service Institutions • The Performance of New Banks • Establishing Full-Service Branches and In-Store Branching • Establishing Limited-Service Facilities • ATMs and Telephone Centers • The Internet and Online Banking Chapter Outline I. Introduction A. The Importance of Convenience and Timely Access to Customers B. Service Options Available Today 1. Chartering New (De Novo) Financial Institutions 2. Establishing New Full-Service Branch Offices 3. Setting Up Limited-Service Facilities II. Chartering a New ( De Novo ) Financial-Service Institution III. The Bank Chartering Process in the United States A. The Chartering Authorities in the U.S. B. Benefits of Applying for a Federal (National) Charter C. Benefits of Applying for a State Charter IV. Questions Regulators Usually Ask the Organizers of a New (De Novo) Bank ...
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...check the top two box data tap data analysis at right data analysis plus Statistical terms What is statistics? A way to get info from data. descriptive statistics: organize and summarize data inferential statistics: process of making a: prediction estimate decision About a population based on sample data Population: all items of interest Sample: a subset of a population Population: all items of interest Measures of reliability: built into statistical processes (p5) two kinds: confidence level & significance level 1. confidence level proportion of times an estimation procedure will be correct90%-99% 2. Significance level: how frequently a conclusion will be incorrect, in the long run. 1%-10% Types of Data and Information hierarchy of data traingel base nominal: lable, catagoty numerical values represent categories…”coding data” how to count =countif(A1:A11)1 (数1 有多少个) =AVERAGE(a2:a11) counting the frequency of the numbers used as codes top :interval middle ordinal data: order distances are not equal, eg. records in marathon values must represent the ranked order of data interval data: all calculations are permissible random variable: numerical alue random outcome determined by chance upon conducting an experiment numerical data:v qualitative (categorical) quantitative (numerical) qualitative data 1. nominal labels, coding, assigned values 2. ordinal order important quantitative data 1. interval differences are...
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...Characteristics of an Effective Leader Your Name Your Course Your Tutor’s Name 18th October 2012 Characteristics of an Effective Leader A leader should have excellent communication skills. In order ensure work flow is smooth within an organisation, one must be able to speak effectively in public coupled with exceptional writing skills. Your message should be straightforward and precise. This enables those with less formal education to understand easily. Difficult words with complex sentences can be hard for one to grasp figure out. He should set an example. Effective leaders lead from the front and set proper examples. They are sound, motivated, hardworking and zealous about their job. People will easily follow instructions or orders given by their leaders since they command enormous respect. He should be honest and trustworthy. A true leader should be exercise openness. People find it easy follow someone they trust and believe. They will also delegate authority by empowering staff members and believing in them. Trust build between a leader and a workmate ensures chances of failure are minimized but also accepted. He should have vision. This is the ability to have a perfect picture of how the organisation will look like in the future. He should have proper mechanisms and plans set up in place to help the organisation achieve their vision. Leadership needs confidence. This helps to build self-esteem amongst others within an organisation and develops a strong degree...
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...3 factors that could affect splicing performance: Cleaving is a major factor in splicing fiber optic cables, and it is necessary to use a good cleaver to do this with. Cleanliness is another factor that will affect splicing performance; the glass core must be cleaned prior to putting it in the connector because dust will play a factor in the performance of the splice. And using different brand of fiber cables can play a major factor in the overall performance of the splice. It can make it difficult to join the two cables together. The way to help reduce these factors is to ensure that you are using the proper splicing practices. (Fiber Optic Splicing) 3 intrinsic factors that can affect connection performance: Intrinsic factors are things that you cannot control during the splicing and connection process such as: Numerical Aperture mismatch, this is caused by the differences in the fiber itself and is nothing that you can control. Reflection loss is another factor that you cannot control because it is again based on the type of fiber optic cable you use for the splice. Refractive index profile distance is also a factor that is affects connection performance and it also caused by the cable manufacture and not something that you have done during the splicing process. The way to avoid all of this is to use the same type of fiber to do the splice if at all possible. (Intrinsic and Extrinsic factors) 3 extrinsic factors that affect connection performance: Extrinsic factors that...
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...Chapter4&4A Department accumulates costs and then the costs are assigned equally to all products that flow through the department. We need to calculate the cost per unit (to do this we need to calculate costs and number of units - equivalent units). We need to calculate equivalent units because a department usually has some partially completed units in its beginning and ending inventory Two half completed products are equivalent to one completed product. For example, 80% of 1000 units complete are equivalent to 800 complete units. There two ways to calculate equivalent units: The weighted-average method: Blends together units and costs from prior and current periods. No distinction between work done in prior or current periods. We add together the units of transferred out and the equivalent units in ending work in process inventory. FIFO More accurate than weighted average method The calculation of equivalent units is different. The way in which the costs of beginning inventory are treated in the cost reconciliation is different. Better way to look at cost control. In a lean production environment, FIFO and weighted-average methods yield similar unit costs. When considering cost control, FIFO is superior to weighted-average because it does not mix costs of the current period with costs of the prior period. Steps to completing question: 1. Use the equation Beginning Inventory WIP + Units Started = Units transferred + Ending Inventory WIP to figure out the...
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...reviewing the information, that was provided to us I realized that there are two different types of fiber. These two filters consist of soluble fiber and insoluble fiber. Soluble fiber forms viscous solutions in water and can broken down by the intestinal micro-flora. When it comes to insoluble fibers, for the most part, it is fiber that does not dissolve in water and can be broken down by the intestinal micro-flora. When it comes to insoluble fibers, it is fiber that does not dissolve in water and cannot be broken down by bacteria in the large intestine. Between adults and children, adults need more fiber than what children do because their metabolism slows down causing a lack of efficiency. References: http://www.americanheart.org Chapter4/carbohydrates, sugars,...
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...会计期中考试复习资料（自备） Chapter1 What’s assets? 什么是资产 P2 Assets may be defined as items of value owned by the business or owed to the business. Such as cash, buildings, motor cars, land, money What’s liabilities? 什么是负债？P4 Liabilities are amounts of money owed by the business. Such as creditors or accounts payable, a mortgage, a loan and a bank overdraft. What’s accounting equation? 什么是会计等式？ P5 The relationship between assets, liabilities and owner’s equity is highlighted by the accounting equation. Assets=liabilities + owner’s equity A=L+OE Chapter2 What’s double entry bookkeeping？ 什么是复式记账法？ P18 Processing transactions in accounting is done by what is called double entry recording. A+E=L+OE+R Debits=credits A=assets E=expenses L=liabilities OE=owner’s equity R=revenue What’s debits and credits? 什么是存储卡和信用卡？ Debits (left-side entries) increase assets and decrease liabilities and equities. Credits (right-side entries) increase liabilities and equities and decrease assets. The debit(DR) and the credit (CR) rules are as follow：P19 Accounting element on which side is an increase recorded? On which side is a decrease recorded? | Assets Debit side Credit side Expense Debit side Credit side Liabilities Credit side Debit side Owner’s equity Credit side Debit...
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...Renminbi Products A variety of offshore Renminbi products and services is provided in Hong Kong financial market. Hong Kong, as the first offshore market launching the renminbi business in 2004, it provides an ideal platform and sophisticated financial infrastructure for the financing and asset management, reminbi deposit, trade settlement and other renminbi services to cater to the needs of businesses. 1. Renminbi Deposit Since 2004, the Chinese government has reinforced the Hong Kong as an offshore renminbi business centre. Hong Kong is the largest renminbi liquidity pool outside Mainland China, and the gradual rise of the amount of renminbi deposit supports other renminbi businesses in Hong Kong. Between September in 2010 and September in 2010, the total amount of renminbi deposit has risen more than 300% from RMB149 billion to RMB622 billion. The rapid increase could be accounted for the poor performance of the equity market, leading to the search for another alternative investment for investors’ savings. When equity market is not doing well, RMB deposits and debt instruments could be no doubt the alternatives. Secondly, the expectation of the appreciation of renminbi has led to a rise of expected return on renminbi deposit, which increases the value of the renminbi, and it attracted more investors to deposit their money in reminbi. Comparing to the low Hong Kong dollar-deposit interest rate, which is around 0.1% because of following U.S. interest rate, Hong Kong...
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...Internship in ALLSEC TECHNOLOGIES LTD A report submitted in partial fulfillment of the requirement For the MBA degree of Bangalore University By SWETHA.L Reg. No.: 10YACMA102 JULY 2011 Kempapura-Hebbal, Bangalore – 560 024 DECLARATION I hereby declare that this Internship titled “Study on ALLSEC TECHNOGLOGIES LTD”, submitted by me to the Department of Management, Bangalore University, in partial fulfillment of requirements of the MBA Program, is a bona-fide work carried out by me under the guidance of Mrs. Raksha during the year 2011-2012. I declare further that this work has not been submitted earlier to any other University or Institution for the award of any degree/diploma/certificate; nor has it been published anywhere. Date: SWETHA.L Place: 10YACMA102 ACKNOWLEDGEMENT Words are indeed inadequate to convey my profound gratitude and hearties thanks to all those who have helped me in making this project report. The culmination of project work is not just the satisfactory completion of it. But also realize the importance of valuable contribution of people in achieving what was targeted. I express my gratitude to Mr.Kannan Ramasamy HR Manager, Allsec Technologies LTD, Bangalore, for permitting me to make observation in his organization and for his kind co-operation and for his guidance, invaluable help and support, making it a completely enriching experience. I will take this...
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...Chapter 3 1. The company’s microenvironment -The company -Suppliers -Marketing intermediaries -Competitors -Publics -Customers 2. Publics -Financial publics -Media publics -Government publics -Citizen-action publics -Local publics -General public -Internal publics 3. The company’s macroenvironment -Demographic environment -Economic environment -Natural environment -Political and social environment -Culture environment Chapter4 1. Marketing search process -Defining the problem and research objectives -Developing the research plan for collecting information -Implementing the research plan- collecting and analyzing the data -Interpreting and reporting the findings Chapter5 1. Customer-driven marketing strategy 2. The buyer decision process Need recognition- Information search- Evaluation of alternatives- Purchase decision- Post-purchase behavior 3. Stages in the adoption process Awareness- Interest- Evaluation- Trial- Adoption 4. Types of buying situations Straight rebuy, Modified rebuy, New task, System selling, Buying centre Chapter6 1. Customer driven marketing strategy -Segmentation -Targeting -Differentiation -Positioning 2. Market segmentation -Segmenting consumer markets -Segmenting business markets -Segmenting international markets -Requirements for effective segmentation * -Measurable, Accessible, Substantial, Differentiable, Actionable 3. Market Targeting ...
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...Disclosure and transparency According to McGee (2009), the corporate governance framework should ensure timely and accurate disclosure is made of all material matters regarding the corporation, including the financial situation, performance, ownership and governance of the company. According to IOSCO (2010), disclosure and transparency are critical elements of a robust corporate governance framework as they provide the basis for informed decision-making by stakeholders. High quality disclosure and transparency helps the public understand the company’s activities, policies and performance with regard to environmental and ethical standards as well as the relationship of the company with the stakeholders. The Global Financial Crisis has demonstrated how poor quality disclosure and lack of transparency can mask excessive risk-taking and leveraging by global financial institutions. Hence, high quality disclosure and transparency not only serves to protect investors but helps regulators in maintaining market confidence and systemic stability. The strengthening of disclosures and transparency involves actions by a range of market participants as it covers processes from verification, the determination of information for the publication and communication. Quantitative and qualitative corporate information is then disseminated through various periodic reports such as the annual and quarterly reports, other disclosures and through various media or other stakeholder engagement sessions...
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...Demonstrative Communication Ian R. Briner BCOM/275 February 20, 2013 Robert Casey Demonstrative Communication Communication is what is conducted when we want to exchange information, thoughts and messages whether it is verbal, written, with signals and nonverbal. The basic communication process is composed of both a sender and receiver. First there is a message, the sender encodes the message and transmits it then the receiver receives the message and decodes it. This process can be conducted back and forth by the parties until satisfied understanding of the shared information is reached. Although many individuals perceive that verbal and written contains most of the information we share it is not entirely true. Cherry (2012), “A substantial portion of our communication is nonverbal”. Nonverbal (Demonstrative) communication can be composed of facial expressions, gestures, body language, tone of voice, appearance, etc. Like any other method of communication, Demonstrative communication can transmit a positive or negative message to receivers and senders. Many people are not aware this is possible but simple body language can tell you a lot concerning an individual’s mood, emotion, attention and even their understanding. Positive nonverbal communication can commonly be identified (in both receiver and sender) as smiling showing happiness and comfort in communication. Eye contact Demonstrative communication in the other hand can be seen as a frown or sad face, hands on hips...
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...Chapter Solutions Operations Management.pdf DOWNLOAD HERE CHAPTER 12: INVENTORY MANAGEMENT – Suggested Solutions to ... http://users.ipfw.edu/khamaljn/P301/Class_Notes/Solutions-Chapter12.pdf 1 BUS P301:01 CHAPTER 12: INVENTORY MANAGEMENT – Suggested Solutions to Selected Questions Summer II, 2009 Question 12.5 This is EOQ with D = 19,500 units/yr; H = $ ... CHAPTER 11 Operations Management http://www.eng.uwi.tt/depts/mech/ugrad/courses/meng3006/Week09b.pdf Operations Management, ... • To decouple operations ... CHAPTER 11 11-39 Inventory Management Economic Production Quantity I n v en t o r y L ev el CHAPTER 10 Operations Management - Academic Resources at ... http://academic.missouriwestern.edu/mlewis14/MGT%20416/Lectures/My%20Chap010.pdf Operations Management 8th edition 10-2 Quality Control CHAPTER 10 Quality Control McGraw-Hill/Irwin Operations Management, Eighth Edition, by William J. Stevenson PRODUCTION/OPERATIONS MANAGEMENT - … http://faculty-staff.ou.edu/B/Samir.Barman-1/POMsp02.doc PRODUCTION/OPERATIONS MANAGEMENT. BAD 5262 . SPRING 2002. Course Instructor: Samir Barman, Ph.D. ... Apr 02 Chapter 3 All Example Problems. Operations in a PR: 3.1-3.6 Chapter 7 Accounting for Financial Management http://harbert.auburn.edu/~yostkev/teaching/finc3630/notes/Chapter7solutions.pdf Chapter 7 Accounting for Financial Management ANSWERS TO END-OF-CHAPTER QUESTIONS 7-3 No, because the $20 million of retained earnings would probably not be held as cash...
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...Chapter 21) 5. The governmental authority delivers the bonds to one or more investment banking firms. (Cleverley, Chapter 21) 6. The investment banking firms sell the bonds to investors at the public offering price, and the trustee provides the healthcare provider with the net proceeds. (Cleverley, Chapter 21) An alternative to traditional equity and debt financing is leasing. Leasing is undertaken primarily for what purposes? Leasing is undertaken for the primary purpose of protecting the organization from having to buy equipment that depreciates. Another reason is that it creates safe harbors for investment in healthcare entities, certain discounts for products, and for waiver of coinsurance or deductibles, among others. (Cleverley, chapter4) The two major types of leases are operating and financial. With an operating lease, sometimes called service leases, is a lease for a period shorter than the equipment’s economic life, usually cancelable. (Cleverley, pg 530) While financial lease, sometimes called capital leases, is a lease in which the lessor aims to lease an asset for virtually all its economic life. In return, the lessee is committed to lease payments for the entire lease period. (Cleverley, pg 521) Discuss the terms short-term borrowing and long-term financing. When I was working at the bank the term short-term loan was use in loan that...
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...Chapter2 Balance sheet Assets= Liabilities + shareholders’ equity Current asset= cash+ account receivable+ inventory (total) Current assets + fixed assets= total assets Current liabilities= accounts payable+ notes payable(total) Long-term debt Owners’ equity= common stock and paid in surplus + retained earnings(total) Total liabilities and owners’ equity Income statement Net sales-cost of good sold-depreciation=EBIT-interest paid=EBT(taxable income)-taxes=net income Net income= Dividends+ addition to retained earnings Earnings per share= net income/total shares outstanding Dividends per share= total dividends/total shares outstanding Cash flow identity Current asset – current liabilities = net working capital Cash flow from assets(CFA) = Cash flow to creditors(CFC)+ Cash flow to stockholders(CFS) CFA=operating cash flow (OCF) =EBIT+ depreciation-taxes -Net Capital spending (CS) =ending net fixed assets-beginning net fixed assets+ depreciation -Changing in net working capital=ending NWC-beginning NWC CFC(bondholders)=interest paid- net new borrowing CFS(owners) =Dividends paid – net new equity raised Chapter3 Cash flow from assets(CFA) = Cash flow to creditors(CFC)+ Cash flow to Owners Statement of cash flow Financial statement 1, Short-term solvency, or liquidity, ratios Current Ratio = Current assets/Current liabilities Quick Ratio = (CA – Inventory)/CL Cash Ratio = Cash/CL NWC to total assets=NWC/Total Assets Interval measure=CA/average daily...
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