...For those planning to take the Foreign Service Officer exam (FSOE): “Define realpolitik and describe how this principle is evident in the strategies of Otto Von Bismarck and Camillo di Cavour.” This is one of the questions in the world history portion of the FSOE written test. I’ve heard people say that the FSOE is the most grueling government exam because the Department of Foreign Affairs is, they say, the most elite office in the government. Some even dare say that the exam is more difficult than the bar. I really wouldn’t know but one thing’s for sure: the mortality rate is definitely higher in the FSOE. Out of 628 examinees in 2011, only 9 passed. That's 1.4%. I heard there was even a year when no one passed. I'm one of the lucky 9 who made it. And so to help future examinees prepare for the FSOE, I thought of writing down and sharing my experience. This is my own small way to thank and show appreciation for the people who supported me and helped me make it through. The exam is difficult because it’s the type of exam which you can’t really study for. The scope covers everything under the sun, and, actually, none of the topics I studied for was asked. The exam proctor told my batch that the best time to review for the FSOE is in college, which is a little bit too late by now, right? So the best tip I can give is simply to make reading a habit. Try committing yourself to read for at least 30 minutes every day and you’ll have a pretty strong fighting chance. What to read...
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...differences in conventional logic and value innovation lie- Industry Assumptions, Strategic Focus, Customers, Assets and Capabilities, and Product and Service Offerings (Kim & Mauborgne, 1997, Value Innovation, Harvard Business Review 1997). Industry Assumptions: The lack of affordable and decent locations in London arose as a bottleneck for the firm’s growth. Rather than focus on the industry standard of retail kiosks, Dorfman decided to set up shop at service stations and then ferry terminals. This way, he also added new customer segments by targeting a mass of buyers involved in international business and travel. Strategic Focus: He viewed his business to be relatively low cost, innovative, focused and capable of delivering good value to customers. This was, in this view, due largely to the relevance of the foreign exchange service as a core service to Travelex as opposed to the peripheral nature of the foreign exchange business to banks. Dorfman focused on delivering value where big banks struggled naturally, and built up a sizeable list of clients through increasing Customers: He identified what consumers across segments most wanted- a convenient and affordable way to exchange currencies before travelling. Given the firm’s lack of success into breaking into the US market, Dorfman decided to run Mutual of Omaha’s foreign exchange business operations in 30 US airports before subsequently acquiring it. It also chose to acquire Assets and Capabilities: Dorfman did not...
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...differences in conventional logic and value innovation lie- Industry Assumptions, Strategic Focus, Customers, Assets and Capabilities, and Product and Service Offerings (Kim & Mauborgne, 1997, Value Innovation, Harvard Business Review 1997). Industry Assumptions: The lack of affordable and decent locations in London arose as a bottleneck for the firm’s growth. Rather than focus on the industry standard of retail kiosks, Dorfman decided to set up shop at service stations and then ferry terminals. This way, he also added new customer segments by targeting a mass of buyers involved in international business and travel. Strategic Focus: He viewed his business to be relatively low cost, innovative, focused and capable of delivering good value to customers. This was, in this view, due largely to the relevance of the foreign exchange service as a core service to Travelex as opposed to the peripheral nature of the foreign exchange business to banks. Dorfman focused on delivering value where big banks struggled naturally, and built up a sizeable list of clients through increasing Customers: He identified what consumers across segments most wanted- a convenient and affordable way to exchange currencies before travelling. Given the firm’s lack of success into breaking into the US market, Dorfman decided to run Mutual of Omaha’s foreign exchange business operations in 30 US airports before subsequently acquiring it. It also chose to acquire Assets and Capabilities: Dorfman did not...
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...Knowledge: The Foreign Service seeks a diverse workforce with broad job skills and a depth of experience to represent the US overseas. Briefly describe why you chose the career track you selected. Well over a year ago, I considered working with my brother-in-law at Northwestern Mutual. I took the preliminary tests and did very well. Along with the other partners, I met with David Thompson, the Managing Director. Ultimately, I decided to pursue other options. However, the director and I, sharing what I hope is mutual respect, developed an uncommon bond. As we parted ways, he gave me a bit of counsel that has become something of a guiding light. The parameters surrounding his work are: “Do I love what I do?” “Can I support my family?” “Am I making a positive difference?” I have worked in fields that fulfill the first two of these adopted requirements. I feel that the Foreign Service, particularly the intimate, individual service provided by a US Consular, is the right choice for me in my pursuit to the find a vocation that meets these criteria. In my professional career, numbers, spreadsheets, and dollar signs have not inspired me to action, but rather the chance to create experiences through considerate service that people can celebrate. I applied for a position as Consular to achieve a higher degree of professional and personal satisfaction, but more importantly, to serve in greater and nobler capacity. * 2) Intellectual Skills: In the Foreign Service you will...
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...The Bloodless Battlefield: Cyber-War Vernon Pratt HSM 438 18 July, 2014 Professor Stephanie Lemmon Digital battle is not only what is found on computer games, it is an all to real and costly form of combat in which the combatants and defenders alike do not suffer physical wounds but the effects of these cyber-battles can be just as deadly as any bullet fired from a gun or bomb dropped from an aircraft. Within this paper three separate cyber-warfare events are reviewed, each event is different from the other only in terms of the consequences, only the consequences were different. What is “Cyber-Warfare”? One definition of cyber-warfare is, “cyberattacks are so inexpensive and easy to mount, with few fingerprints, they will almost certainly remain a feature of modern warfare.” (Markoff, 2008). Digital battles waged within the digital world of computer systems and the world-wide-web (internet). Cheap, “It costs about 4 cents per machine,” (Markoff, 2008), so cheap that the cost of one armored tank tread (one piece of the entire treack) could finance an entire cyber-war (Markoff, 2008). The first cyber-warfare event, Estonia 2007: Following the fall/collapse of the Soviet Empire in 1990 formerly USSR controlled nation states returned to autonomous control; Estonia was one of these countries. Being released from Soviet control did not mean that the civilian population wanted to be free from the Russian government and tensions existed between pro-Estonian and pro-Russian...
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...Foreign Remittance A Case Study on Southeast Bank Ltd, Chouhatta Branch, Sylhet An Internship Report On Foreign Remittance A case study on Southeast Bank Limited, Chouhatta Branch, Sylhet SUBM ITTED TO Department of Business Administration SUPERVISED BY Najia jahura Lecturer Department of Business Administration Leading University, Sylhet Submitted By Syed azazul Haque ID: 1101010263 Dept. of Business Administration Leading University DATE of Submission 28th March 2015 LETTER OF TRANSMITTAL Date: 28th March 2015 Najia Jahura Lecturer, Business Administrtion, Leading University Subject: Submission of Internship Report Dear Madam, I am here by submitting my Internship Report, which is a part of the BBA Program curriculum. It is great achievement to work under your active supervision. This report is based on Foreign Remittance Division of Southeast Bank Limited. I have got the opportunity to work in SOUTHEAST bank limited in foreign remittance department of Chouhatta branch for twelve weeks, under the supervision of Md. Mijanur Rahman, Principal Officer. This project gave me both academic and practical exposures. First of all I learned about the organizational culture of a prominent banking organization of the country. Secondly, the project gave me the opportunity to develop a network with the corporate...
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...Bank mission is to continue our support for expansion of activities at home and abroad by adding new dimensions to our banking services which have been ongoing in an unabated manner. Alongside, we are also putting highest priority in ensuring transparency, account ability, improved clientele service, as well as our commitment to serve the society through which we want to get closer to the people of all strata. Winning an everlasting seat in the hearts of the people as a caring companion in uplifting the national economic standard through continuous up gradation and diversification of our clientele services in line with national and international requirements is the desired goal we want to reach. After doubling itself in size and soundness Southeast Bank Limited has been consolidating its position and preparing itself for the new millennium by upgrading technology, training its work force, restructuring organizationally and creating a new work culture. * High quality financial services with state of the art technology * Fast customer service * Sustainable growth strategy * Follow ethical standards in business * Steady return on shareholders’ equity * Innovative banking at a competitive price * Attract and retain quality human resource * Commitment to Corporate Social Responsibility Vision Ensuring highest standard of clientele services through best application of latest information technology, making due contribution to the national economy and establishing...
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...[pic] 01.01Introduction: The word ‘Bank” refers to the financial institution that deals with money transaction. Banks collect deposit at lowest possible cost and provide loans and advances at highest Cost. The spread between the two is the profit for the bank. There are two different types of banking. One is commercial banking and investment banking. The commercial bank is types of bank which is engaged in banking activities, like; deposit and making loans and other fee based services. It also byes corporate markets activities. In today’s world, technological and financial advancement is influencing every human activity. Commercial banks have been playing a vital role in the world economy. Bank is not only a financial institution, but also a helping hand for the common people, different organization and also for the government country’s prospect and future economic conditions largely depends on the commercial banks. In today’s business world, few financial organizations have made a strong place in the market and “Bank Asia” is one of those names. The year 2014 has been a significant year for the economy of Bangladesh in terms of steady growth followed by price stability. Despite the political turbulence in the last half of 2013 and its impact in the early 2014, GDP increased from 6.01% in 2013 to 6.12% in 2014. This is mainly due to the rise in public investment from 6.6% of GDP in FY2013 to 7.3% in FY2014 and decline in private consumption by 1.5% due to...
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...of the most important sectors for the economy of a country. Sometimes it is called heart of the economy. Banks are the leaders of all financial services industry, where the proper functioning of the economy depends on the banking industries. Banks drive all the financial activities of certain economy. Commercial banking industry is one of the most important financial intermediaries in Bangladesh. It is playing great role to generate savings and it makes sure the proper investment of this savings in different sectors of our economy. Commercial banks are cooperating different types of business in various ways which is ensuring prosperity of business. Prosperity of business means prosperity of the economy as a whole. By now, it has been proved that literally bank is the heart of all commercial activities in Bangladesh. The number of banks in all now stands at 49 in Bangladesh. Out of the 49 banks, four are Nationalized Commercial Banks (NCBs), 28 local private commercial banks, 12 foreign banks and the rest five are Development Financial Institutions (DFIs). History of banking sector is quite recent; the development of banking sector is so great. The number of private banks increasing rapidly and it becomes a profitable sector. The banks with modernized banking facilities, termed as ‘third generation banks’ are providing improved services both to the investor and to the customers. National Credit & Commerce Bank Limited is one of the most renowned 3rd generation...
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...Letter of Submission Date: To The Head Department of Business Administration University Of Science And Technology Chittagong Subject: Submission of Internship Report. Dear Sir, It is my pleasure to submit my Internship Report on “An Overview of General Banking and Foreign Exchange Mechanism of Bank Asia Limited, Khatungonj Branch, Chittagong” to you after completion of three months internship program with Bank Asia Ltd. I tried my best to gather relevant information for preparing a complete report. Without the sincere co-operation and proper guidance of you, it is not possible for me to prepare the report. For this act of kindness I am grateful to you. This report is not free from mistakes due to some limitations. I hope you accept it with gracious consideration. Sincerely Yours, ---------------------------- Signature KEYA DEBI ROLL NO 347 (Major in Finance) Department of Business Administration University Of Science And Technology Chittagong. TABLE OF CONTENTS Content----------------------------------------------------------------------------------Page Acknowledgement ------------------------------------------------------------------- 1 Executive Summery -----------------------------------------------------------------2 Chapter 1 ------------------------------------------------------------------------------4 Introduction ---------------------------------------------------------------------------4 Organization Overvie...
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...ntry Foreign Market Entry and Diversification Question # 1-Create an argument for diversification of your business that will be presented to the board of directors or business investors. A diversified company is no longer a single-business enterprise. A diversified company is a collection of different and individual businesses. This collection of businesses, whether related or unrelated, will cause the strategy- making and decision-making tasks for these collection and/ or groups of businesses to be even more complicated, important, and crucial than ever before (Thompson, Strickland, & Gamble, 2010). There is a greater need for strategy and decision making because the diversified company is venturing out into other [outside] industries. "But in a diversified company, the strategy -making challenge involves assessing multiple industry environments and developing a set of business strategies, one for each industry arena in which the diversified company operates" (Thompson, et al., 2010, p. 239). For these reasons alone, there needs to be extensive research and knowledge done into the arenas of anticipated diversifications. Diversification is a very important and vital move for any business or company. A business must only know the need to diversify. It must also be aware of when to diversify. As stated by Arthur Thompson, A.J. Strickland, and John Gamble (2010): So long as a company has its hands full trying to capitalize on profitable growth opportunities...
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...Ministers and Advisers to the Provincial Governments with the status of Provincial Minister / Speakers / Deputy Speakers of the Provincial Assemblies. Former elected Federal Ministers / Ministers of State and their spouses. Speaker’s of the Provincial Assemblies, their spouses and dependent un-married children upto 28* years of age. Retired Chairman Joint Chief of Staff Committee and all three Services Chiefs (four star Generals) including their spouses and dependent un-married children upto 28* years of age. Federal Secretaries and Officers in BPS-22, Additional Secretaries, Senior Joint Secretaries, Chief Secretaries of the Provinces, BPS-21 officers of APUG being eligible for posting as Additional Secretary in the Federal Government, officers of Armed Forces of equivalent ranks and their spouses. Dependent un-married children upto (28) twenty eight years of age of Federal Secretaries. (M/o letter No. 1/1/2006-Pass dated 09-09-2008) Joint Secretaries of the Ministries / Divisions and Provincial Secretaries (in BPS-20 and above). Retired Federal Secretaries, Chief Secretaries of the provinces, Officers of the Armed Forces of equivalent rank and their spouses. All Government Servants including Career Ambassadors, who...
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...CHAPTER ONE The Organization 1.0 Introduction United Commercial Bank Limited (UCBL) is a Bangladesh based private commercial bank that provides banking services. The services include corporate and retail banking, loans, credit cards, online banking and money transfer services. The bank operates in Bangladesh having its headquarter in Gulshan, Dhaka. UCBL has its firm commitment towards the society for the economic development of the country. Their position is 6th among the 52 banks which include 10 specialized banks, 9 foreign banks and 30 private banks. So the bank has already become a significant part of our economy by serving its clients through their personalized service, innovative practices, dynamic approach and efficient Management. At present, UCBL is aiming to play a leading role in the economic activities of the country, planning to establish more sustainable business relations with large corporate groups and overcome all its deficiencies and give their competitors an edge. 1.1 History United Commercial Bank Limited (UCBL) is considered as one of the first generation bank of Bangladesh. It was incorporated on 26th June 1983 as a public company with limited liability under the Companies Act 1993. It obtained permission to start business from 26 June 1983 and started banking operations on 29th June 1983 with an authorized capital of Tk. 100 million divided into 1 million ordinary shares of Tk. 100 each. 1.2 Vision of the UCBL To hold the position...
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...“ADMINISTRATIVE CODE OF 1987” WHEREAS, the Administrative Code currently in force was first forged in 1917 when the relationship between the people and the government was defined by the colonial order then prevailing; chanroblespublishingcompany WHEREAS, efforts to achieve an integrative and over-all recodification of its provisions resulted in the Administrative Code of 1978 which, however, was never published and later expressly repealed; WHEREAS, the effectiveness of the Government will be enhanced by a new Administrative Code which incorporates in a unified document the major structural, functional and procedural principles and rules of governance; and WHEREAS, a new Administrative Code will be of optimum benefit to the people and Government officers and employees as it embodies changes in administrative structures and procedures designed to serve the people; NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by the powers vested in me by the Constitution, do hereby promulgate the Administrative Code of 1987, as follows: INTRODUCTORY PROVISIONS SECTION 1. Title. — This “Administrative Code of 1987.” Act shall be known as the SECTION 2. General Terms Defined. — Unless the specific words of the text, or the context as a whole, or a particular statute, shall require a different meaning: (1) Government of the Republic of the Philippines refers to the corporate governmental entity through which the functions of government are exercised throughout the Philippines, including...
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...Preference Salary Preferences Is salary negotiable? Work Preferences Travel Preferences Additional Job Information $40,000.00 Yes Full Time Frequent Domestic and Foreign Travel Experiences X None are applicable Adjudication experience Arabic language skills Autotrack Canine Handler/Team Member Canine Training Chinese language skills Commentator profiles Elicitation experience Explosives Federal government personnel security investigations Foreign media collection French language skills Greek language skills HAZMAT/CBRN response Indonesian language skills Instructor - Security and/or law enforcement training Internet research Interpretation techniques Interrogation experience Interviewing experience Investigative experience Japanese language skills Korean language skills Law enforcement Marine security guard Medical defensive tactics Microsoft Access Microsoft Excel Microsoft PowerPoint Microsoft Publisher Microsoft Word Military police officer Military special operations officer National Crime Information Center (NCIC) Operation & maintenance of alarm system Operations & maintenance of X-ray systems Operations & maintenance of closed circuit TV systems Persian (Farsi) language skills Personal protection Polygraph experience Portuguese language skills Private security police officer Protective security services Russian language skills...
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