...Group Interim Report Group Name Date submitted Client’s name Executive summary of the changes you are proposing with a rationale for the changes. Portfolio 1 Portfolio 2 SOURCE ----------------------- 27/10/2013 Group 20: Girls’ Power David King Markowitz portfolio theory (MPT) is a theory on how risk-averse investors can construct portfolios to optimize or maximize expected return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward. According to Markowitz portfolio theory, investors attempt to maximize portfolio expected return by analyzing risk, return, correlation and diversification...
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...that people differ in their tastes, needs, attitudes, lifestyles, family size and composition, etc..'(Middleton, 2009:97), it is used worldwide in tourism marketing because only a little amount of companies try to appeal to the whole market. 2. Target Market Below is a description of a family that is a target market profile for the organisation Tour Spain. It is based on the market segmentation variables. Brown family consists of four members and those are – David age 42, Kate 36 and their two children Stacy 12 and Kevin who is 8. They are British citizens living in Wimbledon. David and Kate both have Postgraduate's degrees in Business and Accounting. David is employed by Lloyds bank and Kate works as a part-time assistant. They both earn 65'000 per annum. Browns are affluent mature professionals living in a detached house with a small garden. They always spend weekends together either going to the cinema, having dinner in a restaurant or visiting relatives in Brighton and Bournemouth. They also enjoy attending musicals and participating in sports activities. Twice a year Brown family goes abroad. They either choose a beach vacation or an active holiday that...
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...FINANCIAL MARKETS AND INSTITUTIONS The core purpose of the following report is to analysis 5 of the top British Banks based on their total assets and by looking at their key balance sheet items, income statement items and financial ratios.. Most of the banks in the UK are MNCs. The top 5 banks in the United Kingdom have 90 percent market share. Here is the list of the top 5 banks in the UK: 1. HSBC 2. Lloyds Banking Group PLC 3. Standard Chartered Bank 4. Barclays 5. Royal Bank of Scotland Group Analysis of the key balance sheet and income items is as follows: Loans is one of the most important balance sheet items, as the ability to pool deposits from many sources that can be lent to many different borrowers creates the flow of funds inherent in the banking system. Gross loan is the total amount of issued credits given to banks during the accounting period. We can see from the graph below that HSBC maintained the most steady gross loan figures between 2008 -2012. This was despite the economic depression of 2008 by which RBS was evidently affected by the most with their gross loan figure being the lowest in 2011 of only £24979 million. One of the reasons for this is that UK taxpayers bailed out RBS in with the government owning over 80% of the business while HSBC avoided government assistance. Net Income is the amount of profit money a business has after determining total gross business income and deducting all expenses, taxes, depreciation, and interest. We...
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...www.thetimes100.co.uk The business benefits of diversity Introduction Diversity describes people’s differences. Differences can come from individual characteristics and life experiences, such as where you went to school or where you live. Being married or in a civil partnership, being a parent, your political affiliation, career path or level of income can also influence your personal perspectives. These factors make us react, approach challenges and solve problems differently. CURRICULUM TOPICS • Business environment • Business strategy • People in organisations • Communication GLOSSARY When people refer to ‘diversity’, especially in a business context, they often focus on a particular set of key characteristics or differences. These are: • gender • ethnicity (which refers to colour, race and national origin) • religion • disability • age • sexual orientation. These differences are protected by law. This means staff and customers have the legal right to be treated fairly and equally in relation to these characteristics. Diversity brings real benefits to society and businesses. For society, diversity brings richness and variety. There are always new and interesting things to be learnt from each other. For a business, employing a diverse workforce enables it to use a wider range of talents and skills. These lead to creativity and innovation. Businesses need to mirror the communities and cultures they work in so they can understand and anticipate the diverse needs of...
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...Fixed assets business use to operate include a premises in which they operate from, this can be someone's front room, or large tower buildings. Buildings play an important role when it comes to the image of a business and can influence different customers. Many financial businesses (banks) such as Lloyds TSB and HSBC have many large buildings located in central London, this gets the attention of all the public driving by as it's a busy area. Depending on the organisation business may rely on motor vehicles as a recourse. Organisations such as food delivery use vehicles very often and if one of their vehicles break down they will lose customers as they will not be able to deliver their food . Business use security as a physical recourse as it will protect the assets in store. Most business have different types of security such as CCTV and alarms to ensure that no-one attempts to steal their items as it will cost the business more money to replace. Most businesses involve technology in their ways of operating, marketing, advertising etc. Therefore ICT equipment such as computers is a physical asset used in business today to communicate with a wider range of people and to use the internet to advertise as it's a cheaper and relatively more effective way to advertise a smaller business. Machinery are mostly used in organisations which operate from a factories, whether they are making clothing or electronic devices, machinery will be useful as it will allow them to produce the...
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...2.9 Definition and Meaning of Value Creation Value creation is the primary objective of any business entity. It is obvious that most successful organisations understand that the purpose of any business is to create value for its customers, employees, investors as well as its shareholders. Because the customers, employees and investors are linked up together, no sustainable value can be created for one unless for all of them. The first point of focus should be that of creating the value for the customer, remember, customers are always right. Value creation for customers will help in selling the services provided. This can only be achieved when the right employees are employed, developed and rewarded as well as when investors keep receiving consistent attractive returns. However, from a financial point of view, value is said to be created when a business earns revenue which surpasses expenses. Value creation simply put occurs when there is an additional value being added to the bottom line of a business thanks to the creation and use of new methods to maximize the shareholders wealth. Value creation from the customer point of view entails the provision of services that customers will find consistently useful. In today's business world, such value creation is typically based on constant process innovation as well as constantly understanding the customers needs with the ever changing business world. This can be achieved thanks to the commitment, energy and imagination of the...
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...only missed 1 day because of illness during that time. Bar Staff at Ramside Hall Hotel. March 2010 to July 2010 Duties included serving drinks from behind the bar or at tables, maintaining cleanliness of bar area and tables, and operation of electronic till. Bar Staff at Hallgarth Manor. July 2010 to October 2011 Duties include serving drinks from behind the bar or at tables, maintaining cleanliness of bar area and tables and at times single-handedly operating the bar. Duties also include operation of electronic till, serving bar meals, preparing tables, closing the bar, (including balancing of the till.) Customer Assistant at Lloyds TSB. June 2011 to present, references can be provided. Duties include the operation and balancing of a computerised till, servicing customers, dealing with confidential information, since I've worked there I've been sent out to several different branches to cover duties of staff during holidays. Bar Staff at The Wheatsheaf. October 2011 to April 2012, references can be provided. Duties include the operation of a till, taking food and...
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...as employee training and employee career development etc. in this essay I will be concentrating on the internal and external factors affecting HRD. Development focuses on training and this is done internally and externally in different industries. On the job training is done internally where employees learn how to perform their job roles. It allows coaching which is a more intensive method of training that involves a close working relationship between an experienced employee and the trainee. This is good as strong working relationships can build into better productivity and teamwork amongst the workers. On the job training is beneficial as the trainee is faced with real life scenarios. For example, when training to be a cashier in Lloyds TSB bank you would be on the counter with a member of staff who currently cashiers and they will shadow how they do the job. After shadowing, the trainee will go on counter and process non-communication transactions meaning that there is no interaction yet between a customer and the trainee. After this and the trainee is comfortable about the basic procedures they will then do the same again however this time they will be interacting with the customers face to face. Either a fully trained cashier or manager will observe them so that if any problems arise or there is a complaint he/she will be able to sort or calm the situation. It can also be beneficial as it can be motivating because workers feel they are hands on from the start. Allows the...
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...o r g a n i z at i o n september 2008 A business case for women The gender gap isn’t just an image problem: our research suggests that it can have real implications for company performance. Some companies have taken effective steps to achieve greater parity. Georges Desvaux, Sandrine Devillard-Hoellinger, and Mary C. Meaney Article at a glance Companies that hire and retain more women not only are doing the right thing but can also gain a competitive edge. They can take several basic steps to achieve even greater parity. These companies will be able to draw from a broader pool of talent in an era of talent shortages. What’s more, research shows a correlation between high numbers of female senior executives and stronger financial performance. Women in developed economies have made substantial gains in the workplace during recent decades. Nevertheless, it’s still true that the higher up in a company you look, the lower the percentage of women. But some companies have moved successfully to increase the hiring, retention, and promotion of female executives. Their initiatives have included efforts to ensure that HR policies aren’t inadvertently biased against women or part-time workers, to encourage mentoring and networking, to establish (and consistently monitor at a senior level) targets for diversity, and to find ways of creating a better work–life balance. Changes like these have a price, but there are business advantages to making them—above and beyond the...
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...the excesses of the credit-bubble era. News of the civil action by the Securities and Exchange Commission wiped more than $12bn off the market value business model, and rocked other banks. The SEC move came as President Barack Obama made a final push for financial reform in the Senate Goldman and one of its vice-presidents of failing to disclose that in 2007 the hedge fund Paulson & Co had a major role in creating a collaterised debt obligation, a security backed by subprime mortgages, so that it could bet against it. d the firm and its position of Lloyd Blankfein CDO but did not name any executives. Goldman shares closed nearly 13 per cent lower to $160.70. The civil complaint alleges that Goldman and Fabrice Tourre, one of its vice-presidents, hid from investors the fact that Paulson & Co, which has not been charged, had a heavy hand in influencing the composition of loans that made up the CDO. Mr Tourre could not be reached for comment. - Within nine months of the creation of the CDO, 99 per cent of its loans had been downgraded, yielding Paulson & Co a profit of $1bn. Investors around the globe including IKB, the German bank which became the first casualty of the credit crisis in July 2007, lost $1bn, the complaint said. Goldman was paid a $15m fee and received a further $841m from Royal Bank of Scotland, which had bought ABN Amro. Most of the RBS payment was passed on to Paulson & Co. ABN had taken on the risk associated with parts of the CDO. RBSwas on Friday night considering...
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...d about their role in the crisis before Congress). Senator Carl Levin published a report for the Senate’s Subcommittee on Investigations about the financial crisis earlier this year that said he would refer the testimony Goldman gave before the Senate committee to the DOJ for possible perjury charges because he believes Goldman execs, including CEO Lloyd Blankfein, lied during their testimony before Congress. Weirdly, the DOJ isn't behind the subpoena -- the Manhattan DA is. The subpoena does not seem to relate to Levin's perjury claims, ie the few lies that Goldman Sachs (allegedly) told before Congress, and/or it might relate to something else. Bloomberg says it is related to the firm's activities leading to the credit crisis. A Goldman source told CNBC that the request for information is "broad." COO Gary Cohn said on a conference call that he doesn't believe any new information will be uncovered. The Senate Committee's report on the financial crisis revealed numerous examples of egregious behavior by banks and ratings agencies. For example: ratings agencies screwed with criteria, and Deutsche Bank built a $4 billion short by "duping CDO fools." The news of a Goldman Sachs subpoena is after a report from an analyst that said that Goldman Sachs would not be prosecuted or charged with any crime because it would threaten the entire financial system. According to a note analyst Brad Hintz sent investors, he believes that Goldman won’t face criminal prosecution related to...
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...1/22 Film Reviews In today’s class we watched two silent films; Safety Last and Modern Times. At first I was skeptical about watching two silent films and being engaged the entire time. However, both films kept my attention and were highly entertaining. Safety Last was directed by Fred C. Newmeyer and Sam Taylor. Hal Roach was its’ producer. The immediate cast consisted of a few performers; Harold Lloyd, Mildred Davis, Bill Strother, Noah Young, and Westcott Clarke. Throughout this film I maintained both a sense of anxiety as well as humor. There were many parts that I couldn’t help laughing at (when he was attacked by birds and when he was trying to come in late to work). However, there were also many parts that caused me to feel anxious and left my palms sweaty. Throughout the entire film I was anxious about the main character lying about his job to his fiancée and I was also very nervous when he climbed the building and kept getting faced with obstacles along the way. The film left me with a feeling of relief that he had successfully climbed to the top of the building. However, I was also left a little frustrated that his fiancée was still clueless about his job position and money situation. The city had a definite impact on the style of this film. To me, the style seemed to be the style in the city. There was hustle and bustle, people were dressed very well, and the emphasis on ambition all reflects the style of a city. The style was consistent throughout the film. The theme...
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...ABACUS portfolio and 17 percent were on negative watch. (SEC Charges Goldman Sachs with Fraud concerning structuring and marketing of CDO Tied to Subprime Mortgages in 2010. Goldman established to pay $550 million in a settlement (Duggan, T. 2013). The vice president of Goldman was found liable for fraud too. The WorldCom scandal is another well-known unethical scandal. WorldCom submitted the largest bankruptcy filing in United States’ history after admitting improperly accounting for more than $3.8 billion dollars in expenses. The company used acquisitions to spurt large growth. Two of WorldCom’s acquisitions included MCI Communications and MFS Communications (UUNet). This caused WorldCom to appear more favorable on Wall Street, and many banks, brokers, and investors gave strong buy recommendations. This was not unethical; however, what investors and others were to uncover in the coming years, was. Chief Executive Officer Bernie Ebbers led the company’s stock to increase from pennies, to more than $60 per share. Where the unethical...
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...Bloomberg News Coca-Cola Is Said to Weigh Investment in Spotify Service By Andy Fixmer and Duane D. Stanford on October 11, 2012 * Tweet * Facebook * LinkedIn * Google Plus * 0 Comments * Email * Print More from Businessweek * * Odd Jobs: The Picasso of Parking Lots * * Post-Debt Crisis, No Consequences * * The Other Affirmative Action Battle: Thomas v. Wells * * The World's First 3D-Printed Guitar * * Algae Are a Growing Part of San Diego's Appeal Companies Mentioned * KO Coca-Cola Co/The * $38.23 USD * 0.12 * 0.31% * GS Goldman Sachs Group Inc/The * $120.2 USD * -1.79 * -1.49% Market data is delayed at least 15 minutes. Company Lookup ------------------------------------------------- Top of Form Go Bottom of Form Coca-Cola Co. (KO) is in discussions to invest about $10 million in Spotify Ltd., the subscription music-streaming service, according to two people with knowledge of the discussions. An agreement isn’t assured, said one of the people, who sought anonymity because the talks are private. An agreement may be reached in the next few weeks, Sky News reported yesterday, citing people close to the beverage company. Coca-Cola, owner of the world’s most-valuable brand, has increased its ties to entertainment so it can market products to young consumers in a subtle way. The Atlanta-based company reached a deal in April to add Spotify to its...
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... The report seeks to answer questions relating to Lloyd banking group, an internationally accredited bank that offers several services. Several issues are addressed in the report. The first issue being addressed is the merit and demerits of globalization in the global financial industry. Additionally, the threats and opportunities facing Lloyd Bank are looked at. The second issue being addressed focuses on the role of strategic alliances of mergers and acquisitions in the implementation of the e-banking system. Lastly, the role of corporate governance and corporate social responsibility is addressed. A personnel reflection and a conclusion sum up the paper. Table of Contents Abstract. 2 QUESTION 1: Firms’ Competitiveness in the Global Financial Services Industry 3 Merits of globalization 3 Demerits of Globalisation 4 Opportunities 5 Threats 6 Question two: E-Banking – The Role of Alliances, Mergers, and Acquisitions 7 Question three: Corporate Governance, CSR, and Competitiveness Leadership 12 Question four: Personal Reflections on Learning and Overall Report Presentation 15 Conclusion 16 Reference 17 QUESTION 1: Firms’ Competitiveness in the Global Financial Services Industry Merits of globalization Globalization of financial services has resulted in more banks increasing their consumer or customer base since they can exploit different areas across the world. The perfect example in this case is the Lloyd bank which has been able to establish and provide consumer...
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