...Beowulf A good hero is a person who has a great talent and uses that talent at the right time, making them a hero. Both the heroes in Beowulf and in 13th Warrior have a skill that they use at the right moment, which separates them from other individuals, making them a hero. Beowulf himself is a man full as brute strength and pure power in order to defeat his foes. Ahmed Ibn Fadlan lacks the strength aspect, unlike Beowulf but has great intellect, which helps him to succeed and become a hero. Beowulf does not think of any enemy as threatening and believe that his strength will not be matched. Ahmed is not strong and has no strength to rely on like Beowulf. What Ahmed does have is intellect, which he uses to replace his absence of strength. The better hero is Beowulf out of the two. It seems that Ahmed would be a better sidekick to Beowulf in he cannot physically do a lot. Ahmed would be able to think of plans and strategies and Beowulf would be able to implement them and make them work. Just as Wiglaf helped Beowulf neither one could defeat the dragon without the other. This would be the case if Ahmed and Beowulf were with each other; they would both be needed in order to accomplish something. Beowulf has strength and knows of it, which is a great benefit to him. He gets confidence knowing that he is extremely strong and gains courage from this. He is not afraid of anything including Grendel who everyone in the story fears. Grendel comes to the land of the Spear-Danes and...
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...President Hoover, Mr. Chief Justice, my friends: This is a day of national consecration. And I am certain that on this day my fellow Americans expect that on my induction into the Presidency, I will address them with a candor and a decision which the present situation of our people impels. This is preeminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. This great Nation will endure, as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself -- nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life, a leadership of frankness and of vigor has met with that understanding and support of the people themselves which is essential to victory. And I am convinced that you will again give that support to leadership in these critical days. In such a spirit on my part and on yours we face our common difficulties. They concern, thank God, only material things. Values have shrunk to fantastic levels; taxes have risen; our ability to pay has fallen; government of all kinds is faced by serious curtailment of income; the means of exchange are frozen in the currents of trade; the withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; and the savings of many years in...
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...of the basic concepts underlying today’s banking system were present in these ancient arrangements. A wide range of deposits was accepted, loans were made, and borrowers paid interest to lenders Similar banking type arrangements could also be found in ancient Egypt. These arrangements stemmed from the requirement that grain harvests be stored in centralized state warehouses. Depositors could use written orders for the withdrawal of a certain quantity of grain as a means of payment. This system worked so well that it continued to exist even after private banks dealing in coinage and precious metals were established. We can trace modern-day banking to practices in the Medieval Italian cities of Florence, Venice, and Genoa. The Italian bankers made loans to princes, both to finance wars and their lavish lifestyles, and to merchants engaged in international trade. In fact, these early banks tended to be set up by trading families as a part of their more general business activities. The Bardi and Peruzzi families were dominant in Florence in the 14th century and established branches in other parts of Europe to facilitate their trading activities3. Both these banks extended substantial loans to Edward III of England to finance the 100 years war against France. But Edward defaulted, and the banks failed. Perhaps the most famous of the medieval Italian banks was the Medici bank, set up by...
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...Globalization vs. Localization Discussion Points: 1. Leave it to the corporations, bankers and global bureaucracies – “the only route out of poverty for the world's poor” – to do the planning and solve the world's problems. So far, almost all of the evidence from the past three decades (1970-2000) - the period of economic globalization's most rapid ascendancy - shows that it is bringing exactly the opposite outcome that its advocates claim. Clearly, poverty and inequality are rapidly accelerating everywhere on earth. A 1999 report by the United Nations Development Program found that inequalities between rich and poor within and among countries are quickly expanding, and that the global trading and finance system is one of the primary causes. Even the U.S. Central Intelligence Agency (CIA) confirms the United Nations' (UN) conclusions, agreeing that globalization brings massive inequalities. The benefits of globalization do not reach the poor, says the CIA, and the process inevitably brings increased global protest and chaos. Robert Wade of the London School of Economics, wrote in The Economist (2001), "Global inequality is worsening rapidly...Technological change and financial liberalization result in a disproportionately fast increase in the number of households at the extreme rich end, without shrinking the distribution at the poor end...From 1988 to 1993, the share of the world income going to the poorest 10 percent of the world's population fell by over a quarter...
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...economy Numismatics is the scientific study of money and its history in all its varied forms. Many items have been used as commodity money such as naturally scarce precious metals, cowry shells, barley, beads etc., as well as many other things that are thought of as having value. Modern money (and most ancient money) is essentially a token — in other words, an abstraction. Paper currency is perhaps the most common type of physical money today. However, objects of gold or silver present many of money's essential properties. Non-monetary exchange: barter and gift Contrary to popular conception, there is no evidence of a society or economy that relied primarily on barter. Instead, non-monetary societies operated largely along the principles of gift economics. When barter did in fact occur, it was usually between either complete strangers or would-be enemies. In a gift economy, valuable goods and services are regularly given without any explicit agreement for immediate or future rewards (i.e. there is no formal quid pro quo).[3]Ideally, simultaneous or recurring giving serves to circulate and redistribute valuables within the community. There are various social theories concerning gift economies. Some consider the gifts to be a form of reciprocal altruism. Another interpretation is that social status is awarded in return for the 'gifts'.[4] Consider for example, the sharing of food in some hunter-gatherer societies, where food-sharing is a safeguard against the...
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... University of Phoenix MMPBL/501 Forces Influencing Business in the 21st Century Dr. Sangeeta Bishop March 8, 2010 Abstract This paper will illustrate the affects of The Fed, the creation of money and the monetary policy. The monetary policy has a direct impact upon aggregate demand, gross domestic product, unemployment, inflation, and interest rates. Monetary Policy and Its’ Effect on Macroeconomic Factors In earlier times traders used gold for transactions, and realized that it was inconvenient so they began to make deposits with goldsmiths. The goldsmiths provided the depositor a receipt for the value of their deposit of gold and people began to use the receipts as payments. The goldsmiths backed their receipts fully with the gold that they held in their vaults. These receipts were used as the first kind of paper money. Today, gold is no longer used as bank reserves. This was the beginning of the fractional reserve system of banking, in which reserves in bank vaults are a fraction of the total money supply. The creation of checkable deposit money by banks, limited by the amount of currency reserves that the banks feel obligated to maintain, or are required by law, to keep. Banks that operate on the basis of fractional reserves are vulnerable to panics or runs (McConnell & Brue 2004). However, a bank panic is highly unlikely if the banker's...
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...1. Executive Summary The following marketing plan forms the basis for the introduction of an innovative new strategy toextend Barclays market segment. The analysis allows us to outline the best strategies to follow for the achievement of the bank‟s strategic goals. Attracting student and retaining will be marketed as a unique functional account while striving to reinforce the bank‟s status as the leader in innovation and successful bank product launches. The marketing strategies initial targeted all overall student account increase of 25%.As a result, Barclays bank will increase its market share of the market, moving fromthird to second among the top four market leaders. The process of meeting customerneeds is going on with continuous plan to re-evaluating its student proposition toensure it relevance to the target market 2. Objectives This marketing plan aims to define the means of notching up Barclays current studentmarket share by 1.5% (960,000 student‟s accounts) from Barclays current marketshare of 8.9%. The new Barclay‟s prepaid card that would be introduced will increase theprofitability of student accounts by encouraging customers to save, hence makingmore funds available for further lending by the bank. The new current account package also aims at rebuilding consumer confidencetowards Barclays by portraying the bank as a responsible and socially consciousfinancial institution. The new student account package also aims and building up Barclay‟s...
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...The origin of currency Conor Starling ITT-tech Thesis: Most large projects today, including Building a business, involves spending large amounts of money The Origin of Currency From food to water and shelter to accessories everything purchased today is purchased with a form of currency. In fact many large projects today, including building a business, involve spending large amounts of money. How did all this money come to be? Did it just appear from thin air? Well that’s highly unlikely; the first types of trade couldn’t have been pure money or valuable metals but more like pieces of meat from skinned animals to help with purchasing and building things. This form of trade is called bartering and that’s how everything begun. Bartering was used before the use of money to make exchanges of goods and services. One of the first documents of this was the trade of a sharpened rock tied to a stick given to a man for the help of killing a mammoth. Evidence was found on a cave wall and marks the earliest documented trade. It is easy to imagine how many different types of trades happened like this and it also allowed people to begin building wealth. Once the process started it grew from there and soon people had enough goods and tools to start building decent shelter to protect them from unforgiving weather and were able to craft more tools that can be used for trade. However, this form of trade soon proved to be inefficient due to unfair trading practices....
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...An Assessment Of Customer Service In Financial Institution (A Case Study Union Bank Of Nigeria Plc Enugu) TABLE OF CONTENTS Title page Approval page Dedication Acknowledgement Abstract Table of contents CHAPTER ONE: Introduction 1. Background of study 2. Statement of the study 3. Purpose of the study 4. Signification of the study 5. Research question 6. Research hypothesis 7. Scope of the study 8. Definition of terms. CHAPTER TWO 2. Review of Related literature 1. Customer service in union bank of Nigeria plc garden Venue Enugu 2. The role of customer service department in union bank 3. Some service facilities provided by the bank. 4. Customer expectation as factors which affect their patronage of a bank. 5. Customers service benefits of Good customers service. 6. Causes and effect of poor customer service and suggested solution 7. Customer service in UBN garden avenue 8. Service strategies and polices 9. Attitude efficiency and motivation 3. Summary of the related literature CHAPTER THREE 3.0 Research methodology 1. Design of the study 2. Area of the study 3. Population 4. Sample and sampling techniques 5. Instrument used 6. Validity and reliability of the instrument 7. Method of data collation 8. Method of data analysis CHAPTER...
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...Abstract According to Fallon and McConnell (2014), consultants are hired, or engaged, for a several reasons. They are commonly used to resolve a particular problem to provide a fresh start and opportunity for resolution. A consultant is an outside contractor that is usually engaged for a particular purpose or to achieve a specific objective. In the case of the Caring Angel Hospital, a senior consultant of Practical Health Care Consulting firm was instructed to spend three months at the Caring Angel Hospital to investigate the practices of the hospital to help improve the quality of care, add value to the organization, improve employee morale, design an efficient organizational chart, create a strong team environment, and create the hospital’s competitive advantage. The following paper addresses the findings of the consultant, reporting the recommended strategies designed to help Caring Angel Hospital achieve its goals. Keywords: goals, quality, value, hospital, patients “To meet the goals of improved quality and reduced cost in today’s challenging healthcare environment, hospitals are being forced to be creative and flexible in their strategies” (Rodak, 2012, para. 1). Rodak discussed six key strategies that forward-thinking hospitals and health systems use to achieve population health management and other quality and cost goals. Rodak found that managing population health requires: close relationships with physicians, partnerships with organizations in the community...
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...Contents Table of cases Introduction Bailment Defined Position under English Law Position under Indian law Conclusion Table of Cases Altas vs. Patil AIR 2004 Ker Atul Mehra And Anr. vs Bank Of Maharashtra on 22 March, 2002 Basanta Kumar vs. Kumud Mitter 1900 Binns vs. Piggot Bevan vs. Waters (1828) Jones vs. Turloe, 1723,8 Mod 172. Blount vs. War Office 1953, Damodar Das Agarwal vs. R. Badrilal Devivder kumas vs chaudhary gulab singh, ILR 1946 Nag Dinesh Pal vs, Chief Engineer Naval Academy AIR 2003 ICIC Bank Limited,vs. Maharashtra Rajya Rashtriya (2005) IILLJ 700 Bom J&K Bank Ltd. Vs. Abdul Samad AIR 2008 j&k. Kaliaperumal Pillai vs Visalakshmi AIR 1938, Legg vs. Evans 1842 Mangalore Catholic Bank ltd. Vs Sundra shetty 1987 . Nath Bros. Exim International Ltd vs Best Roadways, SCC 2000 O’Sullivan vs. Williams, Board of Trustees of the Port of Bombay v. M. Sriyanesh Knitters, AIR 1999 SC 2947, Parakh vs King Emperor AIR 1926 Oudh Shipping Corpn. Of India vs Monica India And Ors. on 18 March, 201 State Bank Of Patiala vs Northland Sugar Complex Ltd. on 30 January, 2004 Ultzen vs Nicols 1894, Wicks Farming v. Waraluck Mining P/L (1996) 1 QdR 99 Introduction The Bailment is another type of special contract and it is necessarily dealt with by the Contract Act. Since it is a ‘contract’, naturally all basic...
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...------------------------------------------------- ------------------------------------------------- Sustainability of extreme working hours ------------------------------------------------- Situation Moritz Erhardt, a German summer intern at Bank of America Merrill Lynch died in his shower after 72 hours of consecutive work. He was an epileptic patient but the trigger of his seizure was (most probably) related with the long working hours. That such a thing happened was a matter of time. The working hours of interns and young graduates that want to prove themselves in investment banking or even banking in general is astonishing. The work-life balance of those fresh employees is non-existing. They perform brutal hours in order to be able to demonstrate themselves to get a full-time job or to be able to climb the ladder as fast as possible. They are merciless with their own bodies and do not know what the possible consequences are. The question concerning the long working hours was raised in court. “It depends on deadlines. Some of it is peer pressure. There is a general expectation in our profession.” said Juergen Schroeder an employee of the corporate finance department of Bank of America. “Being in the City is like being in a bubble. You throw yourself into it and forget about the rest of the world.” said a previous intern and now writer Polly Courtney. This demonstrates what the magic of the City does with people really wanting to obtain that unique position. Those long...
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...Banking – Public Sector and Private Sector Banks – Nationalization of Commercial Banks – Objects – Progress. Central Bank – Evolution – Functions – Credit Control Measures Money market – Indian money market – Components – Characteristics of developed and under developed money market. Banker and Customer – General and Special relationships – Negotiable instruments – Features – Types of accounts – Types of customers – Pass Book – Cheque – Features – Crossing – Endorsements Paying banker – Duties – Holder in due course – Payment in the due course – Protection – Collecting banker – Duties – Protection Text and Reference Books: 1. Basu : Theory and Practice of Development Banking 2. Muranjan S.K. : Modern Banking in India 3. Reddy & Appanniah : Banking Theory and Practice 4. Natarajan & Gordon : Banking Theory and Practice Lesson – 1 EVOLUTION OF BANKING Evolution of Banking Institutions Origin of the word “Bank”. – Opinion is divided in regard to this. According to some authorities, the work “Bank” itself is derived from the words “bancus” or “banqee,” that is, a bench. The early bankers, the Jews in Lombardy, transacted their business on benches in the market place. When a banker failed his “banco” was broken up by the people, hence the word “bankrupt.” This etymology is however, ridiculed by Macleod on the ground Ages”. There are others, who are of the opinion that the word “bank” is originally derived from the German word “back” meaning a joint stock fund, which...
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...Introduction & trends in HR 1-“The point is that these differences demand attention so that each person can maximize his or her potential, so that organizations can maximize their effectiveness and so that the society as a whole can make the wisest use of its human resources” (Cascio). 7-S framework created by McKinsey & Company distinguishes seven components in a company’s architecture: strategy, structure, systems, staff, style, skills and shared values. PF Drucker had remarked that “man, of all the resources available to man, can grow and develop purpose of human resource management is to improve the contribution made by people to organizations, (Davis) through effective and efficient use of resources HRM is, to some extent, concerned with any organizational decision which has an impact on the, workforce or the potential workforce (Bernardin). It is basically a method of developing potentialities of employees so that they get maximum satisfaction out of their work and give their best efforts to the organization” (Pigors and Myers). Terry, HRM is not a one short deal “An identifiable ability that is perceived to add immediate or future value to any prescribed activity, discipline or enterprise”(Maurice, 2003) Rudrabasavaraj, personnel administration in India, as it is interpreted, discussed and practiced is largely static, legalistic and Ritualistic Factories Act, 1948; Trade Unions Act, 1926; The Payment of Wages Act, 1936; The Minimum...
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...Index Deposit Banking - Introduction 3 Origins 4 Demand deposits 6 Time deposits 7 Fractional-reserve Banking 8 Full-reserve Banking 10 Bibliography 13 Deposit Banking - Introduction Having money is not always as easy as it seems. Why keeping it at home when there are much safer institutions out there? But, bringing the money to a bank requires knowledge of how to deposit it and of what the bank is actually doing with it. Deciding between the possibility of withdrawing everything or even generating money by investing it for a longer period of time should be a crucial question for every investor. Moreover, the process of depositing it raises disputed questions on who is proprietor and on the possessor’s privilege to handle it. Bank deposits developed and changed throughout history. Farmers, looking for a place to protect their grains from theft, stored their harvest in warehouses in exchange for a receipt and the possibility to get it all back after redeeming it. Later on, owners of gold and silver used the same idea to store their more fungible goods at banks. At the beginning, those deposit banks obtained gain by demanding a fee for the time the good was deposed there. The depositor’s assets remained untouched. It is not difficult to imagine that those institutions succumbed to the temptation of taking them and loaning them away in order to expand their sources of income. This kind of activity is called embezzlement. It means to use entrusted...
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