The Child By Tiger Essays - Huckleberry Finn, Jim, Conscience

The Child By Tiger The idea Miss Watson has of Huck Finn being a dirty, nasty, vulgar little boy who smokes, swears, and stays away from Sunday school is not a justifiable description of him. Huck's character goes much deeper. Huck is a literal-minded, imaginative, trustworthy boy who is greatly impacted by the inhuman ways of society. His society driven conscience is in constant conflict with his free, loyal heart. A mind of the greatest literalness is represented by Huck and what he calls his ?conscience?. Huck's conscience is the belief in the inhuman rights of slave owners not to be deprived of their property. Huck's conscience is a portrayal of the moral values of society. The idea of slavery is drilled by society into every one of its members, including the otherwise free tramp like Huck- and the ?natural?, human rights of Jim. Huck's heart follows the opposite views of his conscience. Huck has been listening to Jim's excited talk about what he will do when he is free and it has disturbed what Huck calls his conscience. Conscience says to me, ?What had poor Miss Watson don't to you that you could see her nigger go off right under your eyes and never say one single word? What did that poor women do to you that you could treat her so mean' (92) Jim, as a man, has the right to be free. Huck does not realize this because of the views society has instilled in him. Jim has the right to love his wife and yearn for his children. Jim has the determination to work and save up his money and never spend a scent in order to buy his children out of slavery. The final plan he considers, getting ?an Ab'litionist to go and steal? (93) his children if their owner refuses to sell them. The consideration of this plan is a shock to Huck's conscience that awakens him to the wickedness of consorting with Jim and helping him run away from the society-conforming Miss Watson. Miss Watson ho lds Jim in chattel slavery and Huck in the more subtle slavery of civilized conduct. Huck's conscience is thus badly shaken by Jim's wicked talk of stealing his children from an innocent owner. He decides that it is his moral duty to betray Jim. This decision is a great relief to him, and the minute they sight a town he sets off in the canoe to find somebody to capture Jim. Unluckily, as he is leaving Jim says to him, ?I'se a free man, en I couldn't ever been free ef it hadn't been for Huck?you's de bes' fren' Jim's ever had; en you's de only fren' ole Jim's got now? (93). This innocent expression of human affection and gratitude is very ill-timed for Huck; as he says, ?I was paddling off, all in a sweat to tell on him; but when he says this it seemed to kind of take the tuck all out of me? (93). As a result, when on some men in a canoe who are actually looking for runaway slaves Huck finds he is not ?man enough? to betray Jim. This explains Huck's loyalty and dedication to keeping his promise to Jim- his promise not to turn Jim in for escaping slavery. Instead he fi nds himself inventing and performing with great skill a complicated lie that persuades the men in the canoe not to go near the raft where Jim is hiding: he makes them believe- he never says so himself- that there are three people with small pox on the raft. Not only does this illustrate that Huck has a great level of imagination it shows the he has a profound knowledge of human nature. This knowledge allows him to create stories, which play upon the selfishness and pettiness of society. He is deeply discouraged to find himself acting this way, as if he ?hadn't the spunk of a rabbit? (94). ?I knowed very well,? he says, ?that I had done wrong, and I see it warn't no use for me to try to learn to do right; a body that don't get started right when he's little ain't got no show- when the

Free Essays on Goblin Market

alone. Its subject matter is up front and will be outlined first in the paper. However, the second story is deeper and must be read analytically using the physical objects and characters as symbols for religious imagery and theme. In the first stanza the reader encounters the goblin’s cry, â€Å"Come buy our orchard fruits,/ come buy, come buy†¦Ã¢â‚¬  First of all, the reader must ask: â€Å"who are these goblins?†, â€Å"what is the cost to buy their fruits?† and â€Å"what fruits are they selling?†. Within the next stanza the reader meets Laura and Lizzie, two sisters wandering around in the evening watching goblin men. To be more precise, Laura is watching the goblins and Lizzie is hiding from them. These two young women are the main characters throughout Rossetti’s poem. The goblin men have fruit to sell and Laura is in a buying mood, Lizzie however gets scared and runs home. Laura lingers and buys the succulent fruit from the goblin men. The price for the precious fruit was nothing but a golden lock of hair. Laura went home and promised to bring fruit for Lizzie the next night. However, when the following nights came and went, Laura could not hear the cr ies of the goblin men. Her health was waning and when she co! uld hold on to life no longer, Lizzie went to the goblins to buy their forbidden fruit for Laura. After Lizzie bought the fruit and refused to eat it with the goblin men they taunted her and pressured her, pressed the fruit to her lips and let the juices drip onto ... Free Essays on Goblin Market Free Essays on Goblin Market Nearly all of the objects and characters in Christina Rosssetti’s poem â€Å"Goblin Market† are symbolic of theories or ideas from the Christian religion. Through careful analysis of the poem, religious symbols become clear and can be seen by any wary reader. In fact, the symbolism in this poem is so abundant that there appears to be two stories within the framework of one poem. The first story in the poem is one that is read by the words alone. Its subject matter is up front and will be outlined first in the paper. However, the second story is deeper and must be read analytically using the physical objects and characters as symbols for religious imagery and theme. In the first stanza the reader encounters the goblin’s cry, â€Å"Come buy our orchard fruits,/ come buy, come buy†¦Ã¢â‚¬  First of all, the reader must ask: â€Å"who are these goblins?†, â€Å"what is the cost to buy their fruits?† and â€Å"what fruits are they selling?†. Within the next stanza the reader meets Laura and Lizzie, two sisters wandering around in the evening watching goblin men. To be more precise, Laura is watching the goblins and Lizzie is hiding from them. These two young women are the main characters throughout Rossetti’s poem. The goblin men have fruit to sell and Laura is in a buying mood, Lizzie however gets scared and runs home. Laura lingers and buys the succulent fruit from the goblin men. The price for the precious fruit was nothing but a golden lock of hair. Laura went home and promised to bring fruit for Lizzie the next night. However, when the following nights came and went, Laura could not hear the cr ies of the goblin men. Her health was waning and when she co! uld hold on to life no longer, Lizzie went to the goblins to buy their forbidden fruit for Laura. After Lizzie bought the fruit and refused to eat it with the goblin men they taunted her and pressured her, pressed the fruit to her lips and let the juices drip onto ... Free Essays on Goblin Market Reader Response on â€Å"The Poor Singing Dame† By: Mary Robinson I choose the poem, â€Å"The Poor Singing Dame† because I saw the revelance it has in today society. We have citizens who are still being controlled by our rich society. In fact, we still believe in hero’s that steal from the rich and give to the poor. Also, being a woman I can relate to the relationship between the man’s jealouse of happy woman. I like the poem because it’s interesting to know that in our complex world we still have simple problems like they did in the early 1800’s. The morale of the story is, what goes around comes around in other words karma. In the poem, it is the hauting of nature and his conscience that gets the jealouse Lord back and eventually leads to his demise. The story line also represents to me a rich Lords jealousy of a peasant woman’s happiness. It makes me notice the idea that this world is not a woman’s world. It seems for as long as men and women have existed there has always been a higher power bestowed in men. To me, I think that I get the idea of men having this special power because a woman worte this poem.Overall I enjoyed the poem. It definently opened my eyes to the way that life really is....

Globalization or denationalization summary Essay

Globalization or denationalization summary - Essay Example There an increasing pressure for the IMF and US government for the implementation of both monetary and fiscal policies that comprise of global markets. 1. The subnational: a site for globalization Study of globalization entails both focusing global in scale and also locally scaled processes and conditions that are articulated within the global dynamics. It is essential to focus on the multiple cross-border connections that are aided by the reoccurrence of numerous conditions across localities. For instance, the global capital markets consist of both electronic markets that are global and locally conditions like financial centers that provide the infrastructure and trust systems for the global capital markets to function (Sassen p 1).Focusing on sub-national practices and globalization requires theories and methodologies that engage in both global scale and sub-national scale. Study of globalization under sub-national processes offers some advantages, but is challenging since it entai ls the use of both quantitative and qualitative research techniques. However, its provides the basis for utilization of sub-national and national data, but the studies must occur within the conceptual architectures of the researchers of such techniques and data sets since such data and conceptual framework was not geared to study of globalization. ... issue is the circuits that constitute political and economic globalization since a focus of places leads to demonstration of globalization in terms of several cross-border circuits depending on location of the place. Global cities are sub-national places whereby multiple global activities take place thus positioning such cities as structured cross-border geographies. For instance, circuits connecting Sao Paulo to global networks are different from those of other global cities like Frankfurt and Bombay. Increased economic transactions in older hegemonic cities like New York, Mexico City as well as emerging geographies like Shanghai that has a increasing cross-border transactions usually deviates from the concept of globalisation that is based on international trade, global markets and international institutions (Sassen p 4). The second aspect is the role of technology since firms and financial institutions use new technologies attain a global span. Surprisingly, resource-deficient fir ms can use new technology to become a microenvironment with a global presence thus dispelling the notion that physical proximity is a characteristic of local or nation. In deed, a reconceptualization of local is the notion that local scales form part of a nested hierarchy of scale from local to regional and finally international must be rejected. The third issue that arises is the interaction of the global dynamics and various aspects of national states since global is partially embedded in to national. The above three issues attest the fact that nationalism is inadequate due to transboundary dynamics some specific structuring of global within national requires special denationalization of some aspects of the national (Sassen p 5). 2. The devastating of older hierarchies of scale Some

Law - Directors Duties Essay Example | Topics and Well Written Essays - 1000 words

Law - Directors Duties - Essay Example With the existing emphasis on corporate social responsibility, traditional common law notions had to be revised with a codification by the Companies Act Review. The codification of the Companies Act focused on 9 main sections, which define the duties that the directors owe to their companies. The first codification is section 171, which requires the directors to act within their powers in association with the company. Section 172 sets out the duty of the directors to promote the success of the company in a way that benefits the shareholders of the company. Section 173 requires the directors to exercise independent judgment in their actions and decisions, while section 174 of the codified version of the Companies Act requires the directors to exercise reasonable care, skill and diligence in actions regarding the company. Section 175 requires the directors to avoid conflict of interest, where the methods or authorizing such conflicts have to be sanctioned by either board or shareholder approval. Section 176 requires the directors not to accept benefits from any third parties, especially if the benefits could lead to conflict of interest with the company’s articles. ... Section 182 of the Company’s Act also clearly sets out the remedies available to the shareholders or the company if a director breaches the duty to the company. As already stated, the codified duties are performed by the director for the company, which means that only the company or statutory liquidator is able to act on the director’s breach of duty. However, a shareholder is also able to bring a derivative action against the director if needed. From section 260 of the Company Act 2006, a derivative action is one that can be brought by an interested party, mainly shareholder, against a director as a remedy for breach of fiduciary duty owed to the company. Section 175 of the codified Companies Act 2006 has generated a lot of debate and interest from different parties (Hannigan, 2009). Under this section, the director must avoid any situations which can have direct or indirect conflicts with the interest of the company (Companys Act 2009). This section overlaps with othe r sections of the Companies Act, for example, it is already required that the director act in the best interests of the company, which means that the best interest would not overlap with any other interests. Previously, the rule on conflict of interest required the director to take steps to mitigate the conflict. For example, the director would be required to remove himself from board discussions, and in extreme circumstances, remove himself from the board completely (Hannigan, 2009). However, the new rule requires the director to completely avoid areas where the conflict o interest might arise, unless the board has prior notice and authorization for the conflict of interest. From the codification of this section, it is evident that there has been a lot of

Consumer behaviour and marketing Essay Example | Topics and Well Written Essays - 3000 words

Consumer behaviour and marketing - Essay Example The only plausible way to do this is to ensure that the targeted customers are responding positively to the products or services of these companies. Marketing is one of the best ways to make sure that these customers have a connection to the companies’ products or services that is desirable. However, with the increased customer awareness and insight into brands all over the world, the marketing strategies of the companies have had to undergo a tremendous metamorphosis as a way of trying to predict the consumer behaviour and their influence on the businesses. According to Bian & Moutinho (2011, p. 200), customers have a great impact on the way a particular business behaves in the aspect of branding, usage, perception and even quality. The way the customer behaves towards a certain product is influenced by a number of different diverse factors. Some of these factors could be attributed to attitude of the customers towards a certain product of a certain company, fashion, culture among many others (Danaher & Rossiter, 2011, p.12). It is the responsibility of the companies to ensure that they come up with products that are in alignment with these different factors. In so doing, they must first identify which factor affects which type of the targeted customer and in the process come up with products that are considered appealing to this specific group of target customers. In other words, marketing is a strategy that puts the interests of the customer at heart. Companies are bound to fail if they come up with products without taking a survey of the market to identify the different needs of different customers. Different strategies of marketing are applied with respect to different fields. For instance, the kind of strategy that could be applicable to social marketing may not be fully applicable to another field such as manufacturing among others. However, no matter which field the marketing takes place, the main point of focus is on the customer. In every busin ess, the customer is the king. The customer is the main reason why people engage themselves in business activities (Geigenmuller & Outland, 2012, p. 430). This paper will indulge in the discussion of how the different forms of consumer behaviour influences the way companies conduct their marketing. It will illuminate upon the response of these companies in the marketing aspect with respect to changes in consumer behaviour. What happens to the marketing strategies laid down by different companies if the consumer behavior is varied? Since there are many diverse aspects of consumer behavior and attributes to name but a few such as fashion, culture, perceptions, attitudes, motivation and even group influence. Though these attributes sometimes intertwine, for the purposes of a clear investigation into this topic of influence of consumer behavior on marketing, this paper will narrow the attributes down to culture as a consumer attribute. Definition of terms For an in-depth and profound an alysis of this topic, a number of terms that will be applied extensively in this paper will be defined here. These terms are the consumer behavior as well as the culture concept of consumer behavior. Consumer behavior is a term used by different marketers and marketing strategists to describe extensively the way different consumers respond with respect to a number of factors. Consumer behavior

IT Impact on Organizational Performance in Banking

IT Impact on Organizational Performance in Banking Information technology and permeated almost every aspect of business operations and communications technologies. So it is a one of the most exciting research has been focusing on the wide interest in all parts of the world through the decades, but little was devoted to study the impact of information technology to banks in Bahrain. This study examines the impact of information technology on organizational performance in the banking sector during the period from 2005 to 2009. The dependent variable used is return on equity ( ROE) while the independent variables are Hard ware, Soft Ware, System Development Operations, I .T Maintenance, I.T Training , I .T Insurance , I.T Communication, I .T Implementation, I .T Consultancy , I .T Sites and Business Continuity Planning (BCP). Preliminary data collected through in-depth interviews, official documents and surveys of the field through the top 8 banks in Bahrain, this data has been tested by applying different statistical methods and finance. The research results led to the conclusion that information technology has a positive impact on organizational performance in the banking sector. CHAPTER ONE INTRODUCTION As an emerged business trend, the use of information technology (I.T) in the economic organizations are immense and measureless. Systems of organization and functions are now considered effortless and unproblematic because of I.T. information technology passes to be the most important one for each financial institution and the banks, particularly, they are one of the greater investors in I. T, Ahli united bank one of these banks that costs them around $ 13 millions. It is an enormous cost of this technology for local and international market. The existing studies generally have concluded two positive effects concerning the relationship between IT and the financial performance of banks. â€Å"First, it can reduce operational costs of banks (the cost advantage). For example, the Internet helps banks to conduct standardized, low value transactions (e.g. send the bill payments, balance inquiries, account transfers) through the online channel, while focusing its resources on specialized, high value added transactions (eg small business loans, personal trust services, investment banking) through branches. Second, can facilitate transactions between customers within the same network(the network effect). As an example, let us consider the case of automated teller machines (ATMs) by banks. If ATMs are geographically dispersed areas available largely over, the advantage of using an atmosphere will increase as customers can access their accounts from any geographic location they want. This would imply that the value of the ATM network increases with number of locations available in the atmosphere, and the value of the network of the a bank to a customer is determined in part by the final size of the network effect banks network is important in the adoption of the atmosphere. IT has drawn the attention of many researchers, commissioned to study the impact of IT in the functioning of the bank and that is a goal of many organizations. Some researchers have found positive relationships between IT investment and organizational performance and some of it found it negative. Problem Statement IT investments and its impact on the banking industry is a very important point for both banking managers and IT managers to be able to deal with and justify wither increased spending for investment in IT will lead to increase performance of Bank or not. That will put increasing pressure on managers to asses its business value. In this study we will examine the key components of IT investments (Hard ware, Soft Ware, System Development Operations, I .T Maintenance, I.T Training , I .T Insurance , I.T Communication, I .T Implementation, I .T Consultancy , I .T Sites and Business Continuity Planning (BCP) to see if spending in different IT areas as an impacts on bank performances. Significance and Importance The importance of this project lies in its ability to shed a light on the Impact of Information Technology on The Financial Performance of Bank sector in kingdom of Bahrain. Furthermore, this study would encourage other Banks in the area to benefit from Bahraini Banks experience and therefore follow their lead. Purposes The goal of this study is to: To determine which type of information system leads to high financial performance of the banks. Evaluate in what specific ways and to what extent do information systems could eventually lead to high financial performance. To find out what issues emerges when implementing IT at the bank. Research Hypothesis The main Hypotheses There is no significant relationship between investing in I.T and the financial performance of Banks of Bahrain. H01: There is no significant relationship between investing in HW and the financial performance of Banks of Bahrain. H02: There is no significant relationship between investing in SW and the financial performance of Banks of Bahrain. H03: There is no significant relationship between investing in SDO and the financial performance of Banks of Bahrain. H04: There is no significant relationship between investing in Main and the financial performance of Banks of Bahrain. H05: There is no significant relationship between investing in Trn and the financial performance of Banks of Bahrain. H06: There is no significant relationship between investing in Insu and the financial performance of Banks of Bahrain. H07: There is no significant relationship between investing in Comm and the financial performance of Banks of Bahrain. H08: There is no significant relationship between investing in Imp and the financial performance of Banks of Bahrain. H09: There is no significant relationship between investing in Con and the financial performance of Banks of Bahrain. H010: There is no significant relationship between investing in Sit and the financial performance of Banks of Bahrain. H011: There is no significant relationship between investing in BCP and the financial performance of Banks of Bahrain. Key Words Information technology (I.T): any technology that helps to produce, manipulate process, store, communicate, and/or disseminate information. Information system (IS): is any combination of information technology and peoples activities using that technology to support operations, management, and decision-making. I.T Investment : Banks of Bahrain: Its a financial institution located in Bahrain that deals in money and its substitutes and provides other financial services. ATM: automated teller machine, which allows customers to complete basic transactions without the aid of a branch representative or teller. Financial Performance: is the overall profitability of the insurance firm. Study Outline The paper proceeds as follows: Chapter 2 focuses on the literature review where the work of other researchers and some previous theoretical and empirical studies are mentioned. Chapter 3 is about the methodology used in this study. Chapter 4 discusses the empirical results and findings of the research. Finally, conclusions and recommendations are made in chapter 5. CHAPTER TWO BACKGROUND CHAPTER TWO BACKGROUND Introduction This chapter will specify some aspects of Bahrains economy and what attracts foreign and local investors to invest their capital in this country; along with some important features and statistical data regarding the banking industry, we will try to know why It is necessary for the management of the organizations to measure and to evaluate the organization performance. Finally, the literature review will discuss a number of some previous studies related to this topic. An Overview of Bahrains Economy The economy of Bahrain is mainly defined by oil production and refining and production, ship repair, iron pelletization, fertilizers, offshore banking, insurance. The country is trying hard to privatize its economy so that it can reduce the dependence on oil production and that prompted the government to develop other industries as well. For example, in 1970, the government established Aluminum Bahrain (ALBA), an aluminum smelting industry which still remains an important industry. In a further effort at diversification, the government has also promoted tourism. The government controls the oil and gas, most heavy industry, and the bulk transport and communications, but has made efforts to privatize the economy, bank transfer, light manufacturing, and trade in private hands. Listen Read phonetically Dictionary View detailed dictionary Translate any website El Confidencial-Spain Tom.com-China News.de-Germany Nord-Cinema-France Zamalek Fans-Arabic Gotujmy.pl-Polish Vogue-France Arte Toreo-Spain LExpress-France Onet.pl-Polish Pà ºblico.es-Spain Zeit Online-Germany Bahrains economy is strong and always improving their sectors to look for a bright future. It was called the fastest growing financial center in the Arab world by the United Nations Economic and Social Commission for Western Asia in January 2006 by the City of London global financial centers index in 2008. In 2004 it signed a free trade an agreement with United States will reduce the trading Which Barriers between the two countries. Bahrain Was the first Arabian Gulf state to sign such a trading mutual agreement with the United States. http://www.mapsofworld.com/country-profile/bahrain1.html https://www.cia.gov Banking Sector in Bahrain Bahrain is the home of more than 400 the authorized financial institutions, what represents a rich mix of international, regional and local names. They cover all the range of financial products, with private concentrations in sure, wholesale banking and funds / asset management. The financial sector is now the major sector of the economy represents more than the 27% of the GDP. The financial sector is also the major employer in Bahrain for more than the 80% of the labor. The sector is regulated and supervised by the Central Bank of Bahrain (CBB) (www.cbb.gov.bh), which since 2002 has functioned as a regulator of the entire financial system. Bahrains banking system consists of both conventional and Islamic banks and is the main component of the financial system, which represent over 85% of total financial assets. The conventional segment includes 19 retail banks, 69 wholesale banks, 2 specialized banks and 36 representative offices of foreign banks. The Islamic segment, offering a series of Sharia Conformity of their products and services include 6 retail and 18 wholesale banks, and the numbers are increasing steadily. The banking sector has played a central role in the development of Bahrain as major financial center in the region. As in December 2006, banking sector assets amounted to over U.S. $ 180 billion, more than twelve times annual gross domestic product. The recent increase in the sector has been supported willingly fortune of the industry of the petroleum and the corresponding increases of liquidity. The banks are playing thus a central role in surplus to reinvest the petroleum incomes as well as complying the opportunities of financing in other segments of the economy. http://www.bahrain1.com/banking.html Performance Measures The performance as declared by Wheelen and hunger (2000) is the final result of an activity and a performance organizacional accumulates turned out final of all the organization process and activities. It is necessary for the management of the organizations to measure and to evaluate the organization performance to utilize organizations resources in better form and to win good organization honorableness. Managers measure and to control organization performance, since conducts to a better management of assets, to a greater capacity to provide value of the client, for improve the measures of organization Knowledge and measure of performance organizacional have an impact on an organization reputation. Literature review Many studies had been done in order provide a clear picture of the financial performance of banks. Gupta, Uma and Collins (1997) investigate the impact of information systems on the efficiency of banks. They were centered in determining the relation among the investments in I.T and bank efficiency; they identified an efficiency measures assembly commonly utilized by the banks and they asked to their respondents to specify if these measures were utilized to evaluate the performance of I.T an investment. They found that the companies ensure that the investments in technology are deliberately and in a significant way aligned with achieving the strategic, tactical one, and the operational goals of the business is probable that to see a narrower link among I.T investments and improvements of productivity of the organization. Thus I.T performs an important and valuable role in helping to reach objectives organizational, to enlarge the productivity to improve service to the client, and to utilize fully existing system. Lunardi, Becker and Macada (2003), they evaluated the strategic impact of IT in Brazilian, American, Argentinean, Uruguayan and Chilean banks as perceived by their executives. In order to externally validate the questionnaire, results were analyzed considering, as isolated samples, (a) Brazil, (b) the United States, (c) Argentina, Uruguay and Chile, and, then, (d) as one group merging all data. The results indicate that (1) Competition, Products and Services, and Borrowers (customers) are the main strategic variables affected by IT; (2) there are no differences between executives of IT and other functional executives regarding their perception of the impacts of IT in strategic variables; and (3) the impact of IT in Competitiveness is significantly related with the impact of IT in Borrowers, Government and Country Requirements, Products and Services, and Cost Structure and Capacity. This study supported banking executives to plan IT strategies, their implementation and to evaluate their use. Another research had been done by Elena Becalli. (2005) Who investigated whether investment in Information Technology (IT) hardware, software and other IT services influences the performance of banks by Using a sample of 737 European banks over the period 1993-2000 . The study found that the impact of different types of IT investment (hardware, software and services) on banks performance is heterogeneous. Investment in IT services from external providers (consulting services, implementation Services, training and education, support services) appears to have a positive influence on accounting profits and profit efficiency, while the acquisition of hardware and software seems to reduce banks performance. Shaukat and Zafarullah. (2009) made a study examined the impact of IT on organizational performance in quantitative terms of Pakistans manufacturing and banking sectors over period of 1994-2005 and come with the following result. I.T changed the character of so much work for the industries and enlarges its performance. This positive impact has shown in indicators of qualitative performance. Significant improvements with regard to the different qualitative variables as customer satisfaction, client/suppliers links, image of the business, employees interest work, shareholders, confidence and among office links/communication they have been observed in both the sectors and banking in Particular . Akram and Allam. (2010), explored the impression on improving the performance of two forms of matrix. The first is matrix of financial performance which comprises Market Value-Added (MVA), Return on Investment (ROI) and Earning per Share (EPR) and the second is matrix of operational performance, which includes the Net Profit Margin (NPM), Operating Return on Assets (ORA) and the profit value of the employee (PE). Utilizing IT by Jordanian banks which measured by testing the level of investment in Hardware, Software, Internet Banking, Phone banking, number of ATMs, use of Cyber branches and Banking via SMS. The results of measurements indicated that there was an impact on the use of MIS in Jordanian banks in the market value added (MVA), Earnings Per Share (EPS), Return on Assets (ROA), Net Profit Margin (NMP). Keramati, Azadeh and Mehran (2009), discussed and tested empirical to moderate environmental effects of dynamism and branch strategy on the impact of the investment and other efficient variables (number of employees and fixed assets) in the branches. The study sample was comprised of 102 branch offices of the bank Parsian and the empirical results, on the base of a model moderate of decline. Concretely, IT investment seems to have a greater positive impact on performance of the banks when there are greater environmental changes and more proactiva strategy branch. According to their conclusions, the banks considering that the investment should evaluate their performance environmental contexts and the strategic orientation. Another investigation has been carried out for Mallick and Shirley (2006). They examined the effects of the information technology (IT) in the banking industry of United States. They found that IT can improve banks performance in two ways: IT can reduce operational cost (cost effect), and facilitate transactions among customers the clients inside the same network (effect network). They characterized the conditions to identify these two effects and the conditions for the two seemingly positive effects to turn negative in the equilibrium. The results were tested on a panel of 68 US banks over 20 years, and they found that the bank profits decline due to adoption and diffusion of IT investment, reflecting negative network effects in banking Industry. In this study I will use the same factors used by Akram and Allam (2010) to explain the Impact of Information Technology on The Financial Performance of Bank sector in kingdom of Bahrain. CHAPTER THREE METHODOLOGY Introduction In this part of the study, we build the methodology of the study that is characterized in terms of tools and method of measurement and tests for the problem of the study, taking advantage of methods and tools of previous studies, in order to guarantee the access to the methodology to obtain the information more I need and better results. The key variables will be measured in an intent of practice to identify dependent and independent variables and to explain how the independent variable affects the dependent variable. Finally, It will also provide a study model and some specifications of the model used to conduct the research. Population and Sampling Data Collection The data was collected through in-depth interviews with the senior managers of finance , and some mangers from I.T Department of Banks in sample and from official documents plus We used several academic journals and articles which have been downloaded online from various websites to collect data for this study. Updating numerical data about the Banking sector and Banks have been collected from the annual reports of each Banks which are submitted on their official websites. Population The research population is all locally Banks in Bahrain Ahli United Bank National Bank of Bahrain Bahrain Islamic Bank (BisB) Bank of Bahrain and Kuwait B.S.C . Bank Muscat International (BMI) Standard Chartered Kuwait Finance House Bahrain Citibank Bahrain HSBC Bank Middle East Limited Arab Bank Table 3.1 : Population Source: The Researcher Sample Ahli United Bank (AUB) Bank Muscat International (BMI) were selected as research sample to represent this sector. However these Banks were selected because I found that it was easy for me to collect any information needed for this research from these tow Banks since I am working in Ahli united Bank and I Know Manger of IT in Bank Muscat International (BMI) . Ahli United Bank . Bank Muscat International (BMI) Table 3.2 : Sample Source: The Researcher The first bank is Ahli United Bank, Bahrain (AUB): Ahli United Bank BSC (AUB) formed after the 2001 merger of Al-Ahli Commercial Bank and Commercial Bank of Bahrain, It is a full fledged commercial and investment banking group providing Services of 1. Wealth management 2. Retail, corporate 3. Treasury 4. offshore 5. Islamic banking 6. Real estate fund management 7. Structured finance and private banking services. The Groups businesses consist of the operations in Bahrain, a wholly owned subsidiary in the UK and associates in Kuwait, Qatar, Oman, Egypt, Iraq and Libya. Source: http://www.cbb.gov.bh/page.php?p=banking The second bank is Bank Muscat International (BMI) : BMI Bank (previously known as Bank Muscat International), an associate of Bank Muscat the largest financial services provider in Oman today, is a Retail Bank, registered in Bahrain and regulated by the Central Bank of Bahrain offering a full range of retail and commercial banking services. BMI Bank operates in Bahrain through a network of 8 branches and 26 ATMs with net banking for easy access to services. Source: http://www.bmi.com.bh/AnnualReport/images Period covered in this research This research covers the period from 2005 to 2009. Analysis Plan Use Regression method to specify the relationship between the independent variables (HW, SW, SDO, MAIN, TRN, Insu, Comm, Imp, Cons, Sit, BCP) and the dependent variable which is the (ROE). Research Model Model Specification This economic model is used to examine the relationship between Independent Variables and Banks performance. Defining Study Variables The independent variables Hard ware: Which includes spending on data storage devices, terminals, memory, peripherals, workstations, personal computers and data communications devices, So It is the net investment bank in the computer hardware and equipment in the period. (Akram Allam 2010) Soft Ware: which includes spending on packaged software, application Solutions software, application tools, and systems infrastructure software? It is the net investment bank in the software during the period. (Akram Allam 2010) System Development Operations: Which includes spending on Specific activities related to system development and other expenses for operations management during the period like the network, processing services, backup and archiving. ( Elena Becalli. 2005) I .T Maintenance :On going operational support of either hardware or software IT assets of an organization. This can be both preventative as well as reactive support. I.T Training: Includes education used to enhance general knowledge and expand the abilities to use IT during the period. (Elena Becalli 2005) I .T Insurance: The insurer provides protection of IT assets against fire, theft, flood and accidental damage and protects the firms investment from claims arising out of professional negligence or system failure . I.T Communication: Providing effective ways for inter application, inter entity communication. Effective IT communication provides the backbone for the working of any next generation application due to centralized and cloud based roadmap towards Information Technology. I .T Implementation: Which includes spending on a new or changed application systems are needed in order to support the processes, these must first be procured or developed and implemented. I .T Consultancy: Includes all what they spend to provide product-specific consulting during the period. It is one of the independent variables. (Elena Becalli. 2005) I .T Sites: Physical controlled infrastructure support for IT related hardware / data centers. This can be segregated between production and disasters recover sites Business Continuity Planning (BCP): It is the cost of Planning that identifies to the organization, exposition to external and internal threats and synthesizes soft and hard assets to provide an efficient prevention and the recovery of the organization, during the period. It is one of the independent variables. The independent variables ROE: Return on equity  measures a corporations profitability  by revealing how much  profit a company generates  with the money shareholders have invested. So it is the amount of the net incomes returned like a percentage of the capital stock.   Each banks ROE has been obtained for its annual reports and calculated as: Return on Equity = Net Income/Shareholders Equity CHAPTER FOUR ANALYSIS TESTING HYPOTHESIS Introduction This Section includes tow main topics, the first is about descriptive Analysis of the study variables through various descriptive statistical measures, such as: Central tendency measures, Dispersion measures, Mean, Median, Range and Standard Deviation; to describe the study variables. The Second topic represents testing the study hypotheses, and computing the regression model information. First topic, Descriptive Analysis Descriptive Analysis The descriptive analysis table in the appendix shows the following: From Table 4.1, which illustrates the use of Bahrain banks for I.T, we notes that average cost of H W in Bahrain banks reached the highest average in year 2009 (3,332,204) and this year was the lowest in the standard deviation (323,436), as well as the year that contains the largest cost for investment (3,103,500), which refers to the rise in investment H W by Bahrain banks. The second independent factor is the S W, its mean (medium) started with (1,085,277) and we notice that they are on the increase from year to year until it reaches in 2009 to (3,117,740) While the standard deviation of S W started with 940,060 then decrease to (865,657) and increase later in 2007 and again decreased to (805,459) in 2008 and lowest amount (236,654) in 2009. The minimum S W during the research period was (420,554) while the maximum was (2,950,400). We marked that the third factor which is the S D O had a mean started with ( 627,493 ) and ended with( 525,001 ) and noted that investment in S D O reached the highest value in the years 2005 ( ,000,000) and 2007 ( 720,000 ) while the lowest value was in the year 2008 ( 245,907 ) and the standard deviation started high in first year 2005 ( 526,804 ) and decreased to the lowest in the last year 2009 ( 35,281) . The M A I N mean (medium) started with (930,182) in 2005 and ended with (1,519,138) in 2009. While the standard deviation started with (805,844) and ended with (957,440). The minimum M A I N during the research period was (360,365) and the largest amount was (2,196,150). The fifth factor which is the T R N had a mean (medium) of (133,498), (142,611), (180,363), (147,626) and (94,051) the standard deviation started with 94,048 and ended with (36,697), the minimum T R N during the research period was (66,996) while the maximum was (280,000). The I N S U mean (medium) started with 48,220 in 2005 and ended with 99,966 in 2009 while the standard deviation started with 37,873 and ended with 13,918 the minimum I N S U during the research period was 21,440 while the largest was 109,808. From the previous table we note that the seventh variable COMM, the average cost in Bahrain banks started with 1,124,045 and continue increased upto (1,737,626). In 2009, the standard deviation started with 955,944 and ended with (1,148,871), the minimum rate during the period reached to the lowest of 448,091 and highest was 2,550,000 in 2009. The I M P mean (medium) started with (243,621) in 2005 and ended with (562,749) in 2009. The standard deviation started with (188,627) and ended with the (60,303); the minimum rate during the period was (110,241), while the maximum was (60,303). The ninth factor which is the C O N S had a mean (medium) of (63,192), (32,123), (38,552), (55,051) and (95,053) and the standard deviation started with (52,055) and ended with (35,281), the minimum C O N S during the research period was (14,245) while the maximum was (120,000). The S I T mean (medium) in the beginning 3 years were the same 65,307 years and in the last 2 years increased to (104,500) while the standard deviation started with 49,063 and ended with (21,920). The minimum S I T during the research period was 30,614 while the maximum reached to (89,000). The BCP mean (medium) in the beginning year started with (295,011) and ended in the last year with (430,744). While the standard deviation was beginning with (247,472) and decreased in the last year to (198,759). We note the minimum BCP during the research period was (120,022) and the maximum was (571,288). The dependent variable is the ROE which was marked by the year 2006 the highest revenue between the years of the sample, as it reaches the highest return of 19.230% while the standard deviation was started with 3.606% and decreased later to .495 % in 2009. The year 2009 marked the lowest return on equity, amounting to 9.600%. Regression Analysis I used Pooled Data Regression method because Ive tie series data (2005-2009) and cross-sectional data (2 Banks). I have mathematical model of the study is developed as follows: I used E views program to analyze the data, I also used pooled regression and multi-regression because we have more than one independent variable verses only one variable which is the R O E. The confidence interval is ( 95 %). Testing Hypothesis As stated in the first chapter, these are the null hypothesis for this research The main Hypotheses There is no significant relationship between investing in I.T and the financial performance of Banks of Bahrain. H01: There is no significant relationship between investing in HW and the financial performance of Banks of Bahrain. H02: There is no significant relationship between investing in SW and the financial performance of Banks of Bahrain. H03: There is no significant relationship between investing in SDO and the financial performance of Banks of Bahrain. H04: There is no significant relationship between investing in Main and the financial performance of Banks of Bahrain. H05: There is no significant relationship between investing in Trn and the financial performance of Banks of Bahrain. H06: There is no significant relationship between investing in Insu and the financial performance of Banks of Bahrain. H07: There is no significant relationship between investing in Comm and the financial performance of Banks of Bahrain. H08: There is no significant relationship between investing in Imp and the financial performance of Banks of Bahrain. H09: There is no significant relationship between investing in Con and the financial performance of Banks of Bahrain. H010: There is no significant relationship between investing in Sit and the financial performance of Banks of Bahrain. H011: There is no significant relationship between investing in BCP and the financial performance of Banks of Bahrain. The above hypothesi

Ten Guiding Principles for Organizations Essay -- Business Management

Ten Guiding Principles Introduction Every organization’s success depends on the organization’s ethical behavior and accountability for its actions. Nonprofit organizations are no different. On the contrary these organizations have a greater difficult in succeeding. Each aspect of a nonprofit organization requires the time, energy, strength, passion and fortitude of simple individuals who have the vision and mission of the organization at hand. This essay will explain and use Florence Green’s ten guiding principles as indicated by Ronald Riggio and Sarah Orr, share a Guam nonprofit organization and how it measures up to the ten guiding principles. Green’s Ten Recommended Guiding Principles As indicated by Riggio & Orr (2004), the following are the ten recommended guiding principles that non-profit organizations must do in the twenty-first century: (a) become a learning organization; (b) become a transformational leader; (c) form strategic alliances; (d) give accountability and ethical behavior top priority; (e) develop indicators that measure the consequences on the community; (f) adopt results-based budgeting tied to indicators; (g) financially empower the organization so that it can do more mission over time; (h) creatively rethink resource development governance, and management styles; (i) adopt a vision and a mission that incorporate diversity; (j) be at the table (as explained by Green, 2004, p. 19-35). Leaders must commit to utilizing the guiding principles their non-profit organizations can further promote and provide the awareness and service that they sent out to accomplish. Principle One: Become a learning organization. With the first guiding principle nonprofit organization want to continue to expand its ide... ...nd its stakeholders. With the open awareness of HIV/AIDS, there is more legislation that is being introduced and more public or private testimonies must be heard. Conclusion In conclusion, the Guahan Project analysis which was directed by Florence Green’s ten guiding principles indicated that this non-profit organization is on the right track and so long as it keeps to its vision, mission and objective to include diversification whenever necessary, it will succeed. Non-profit organizations like Guahan Project, promotes opportunities for all to volunteer or contribute to a worthwhile cause. Works Cited Aidsportal (2010). Guahan project, Guam HIV/AIDS Network. Retrieved from http://www.aidsportal.org/Organisation_Details.aspx?orgid=1455 Riggio, R. & Orr, S. (2004). Improving leadership in non-profit organizations. San Francisco, California: Jossey-Bass.