Financial System and Intermediaries Essay Example | Topics and Well Written Essays - 1000 words

Financial System and Intermediaries - Essay Example Brokerage firms act as agents for their clients in securities transactions at a fee. The brokerage companies offer advice to their clients on the type of securities to invest in capital markets and manage their portfolio activities. The trust companies act as trustees for their clients to manage their funds and estates. The trustee agents advise their clients on opening trust accounts to invest their savings. They also provide investment advice on asset and portfolio management. Barclays Bank advances loans to individuals from deposited money. These loans require security in the form of a property. Interest is charged on the loan. The difference in the lending and deposit rate is the bank’s profit. They include: b) Cash credit: - Advanced to current account holders and other who do not maintain accounts with the bank. It is given against the security of a tangible asset. Interest is charged on the amount withdrawn in excess. The Central Bank acts as the issuer of currency notes and coins that function as the medium of exchange and unit of account in transactions. This helps in monetary policy and determining the amount of money to flow in an economy. The Central Bank functions as a controller of commercial banks in the country. It controls lending and borrowing rates, minimum reserve ratios and discount rates. The Central Bank thus controls inflation levels thus ensuring stability in the

Philosophies Of Socrates, Plato, And Aristotle :: essays research papers

Philosophies of Socrates, Plato, and Aristotle The philosophies of Socrates, Plato, and Aristotle had different points of-view but they were also similar in some ways. For example, all three philosophers had their own thoughts on the subject of justice and government. Socrates belief on this matter was that democracy was an unwise form of government. He thought that the electing of the people was unfair justice. Plato had some of the same beliefs. He believed that government should only have rulers who had the intelligence and education appropriate for the matter. His thoughts were that a job should be done only by those who are best suited for it. To him aristocracy was a perfect form of government. The point of Socrate's philosophies were to make people think about the questions he would often ask. The reason for these questions being asked were to have people to their own thoughts and opinions toward life. He did not think a person with the right mind should follow the steps of their ancestors. Instead of going around asking questions, Plato, another philosopher, would write his own conversations with imaginerary people. These conversations would cover much of the same topics that Socrates had tried to cover earlier. These topics mostly dealt with life such as government, opinions toward justice and how people really viewed education. Aristotle also had his own theories towards his belief of the "right government". He wanted his results to show happiness among the people. He'd mainly collect information from studying living creatures and observing their living habits. He would do this so that he could see what brought them happiness. His opinion toward life was that all people should live a fair and happy life. After many attempts of forming the perfect government , his facts allowed him to believe that a perfect government could be formed only by those who have a middle class. The middle class would consist of those who were not rich yet not poor. Both Aristotle and Plato had different thoughts on the division of the government. Aristotle claimed to believe that a government should consist of many classes for the protection of the people and the state.

Virtual Management for Accenture

Q. 1 What are the advantages of working in a enviornment like the one created by accenture? Ans1: What are the disadvantage? Ans. Advantages of working in avirtual environment is useful to business organisations as it helps them in following ways:1) virtual environment helps develop and improve the performance of the organisations. 2) operating virtually helps them to gather and share information easily even when they are far from each other. 3) virtual environment helps make decisions quickly and reliable. 4) easy access to global conferences. 5) helps in reducing overhead expenses. Disadvantages:1) face to face interaction is not possible.2) may require heavy cost of, to maintain information system. 3) if system fails then working of the organisation also fails which leads to many inconveniences. Q:2 would you like to work in a company like Accenture? Why or Why not? explain your answer. Ans 2 :Yes, I would like to work in a company like Accenture. Because Accenture people are some of the most creative, forward-thinking people in the business world. They come from a wide range of cultural, educational and geographic backgrounds and are able to work in a dynamic and professional environment that values each person’s perspective.The different points of view they bring lead to superior business solutions for Accenture and our clients. We proactively capitalize on business and technology opportunities that enable higher levels of performance. Q. 3 What kinds of companies could benefit from being run virtually like Accenture? Could all companies be run virtually like Accenture? Ans 3: Companies whose major part of their working depends uponoutsourcing, who has workforce diversity and companies who provide their customers value based quality services with shared knowledge through internet would be benefited.No, all companies can't be run virtually like Accenture as this is not an easy thing to do. It requires a good co-odination between the employees heavy i nstallation cost of information system etc. which might be difficult for many organization to implement with. Q. 4 According to Accenture, how does information technology help create high-performance organization? Ans: Accenture research indicates that high-performance businesses view IT as a strategic asset—a source of both operational excellence and competitive advantage.Our Strategic IT Effectiveness (SITE) experts help top management adopt that mindset and achieve greater business value from IT. We have a clear perspective: IT is not merely a cost but a critical contributor to the business, focused on improving business value and performance. Our professionals are experienced with bold, value-creating approaches to IT, bringing boardroom-relevant criteria to IT investments and helping high-performance businesses to â€Å"think bigger† about IT's ability to improve operating results Virtual Management for Accenture Q. 1 What are the advantages of working in a enviornment like the one created by accenture? Ans1: What are the disadvantage? Ans. Advantages of working in avirtual environment is useful to business organisations as it helps them in following ways:1) virtual environment helps develop and improve the performance of the organisations. 2) operating virtually helps them to gather and share information easily even when they are far from each other. 3) virtual environment helps make decisions quickly and reliable. 4) easy access to global conferences. 5) helps in reducing overhead expenses. Disadvantages:1) face to face interaction is not possible.2) may require heavy cost of, to maintain information system. 3) if system fails then working of the organisation also fails which leads to many inconveniences. Q:2 would you like to work in a company like Accenture? Why or Why not? explain your answer. Ans 2 :Yes, I would like to work in a company like Accenture. Because Accenture people are some of the most creative, forward-thinking people in the business world. They come from a wide range of cultural, educational and geographic backgrounds and are able to work in a dynamic and professional environment that values each person’s perspective.The different points of view they bring lead to superior business solutions for Accenture and our clients. We proactively capitalize on business and technology opportunities that enable higher levels of performance. Q. 3 What kinds of companies could benefit from being run virtually like Accenture? Could all companies be run virtually like Accenture? Ans 3: Companies whose major part of their working depends uponoutsourcing, who has workforce diversity and companies who provide their customers value based quality services with shared knowledge through internet would be benefited.No, all companies can't be run virtually like Accenture as this is not an easy thing to do. It requires a good co-odination between the employees heavy i nstallation cost of information system etc. which might be difficult for many organization to implement with. Q. 4 According to Accenture, how does information technology help create high-performance organization? Ans: Accenture research indicates that high-performance businesses view IT as a strategic asset—a source of both operational excellence and competitive advantage.Our Strategic IT Effectiveness (SITE) experts help top management adopt that mindset and achieve greater business value from IT. We have a clear perspective: IT is not merely a cost but a critical contributor to the business, focused on improving business value and performance. Our professionals are experienced with bold, value-creating approaches to IT, bringing boardroom-relevant criteria to IT investments and helping high-performance businesses to â€Å"think bigger† about IT's ability to improve operating results

Immanuel Kant s Philosophy On Philosophy - 844 Words

People were lost. They did not know where and what to follow. Therefore, many philosophers came up with ideas to convince people to live  ¨better ¨. Rationalism related with the overview of mathematical approaches into philosophy during the period by the major rationalist figures such as Descartes, Leibniz and Spinoza developed people ´s way of thinking in many different ways. Rationalism is perspective which engages the rational and deductive reason, an opposite structure from personal experience or teachings as the foundation of knowledge or rationalization. Therefore, the concept of rationalism relies on the knowledge that everyday life has a rational configuration in that all aspects of it can remain through facts and knowledge. Proverbs†¦show more content†¦Kant refused the arguments from the empiricists, and kept his statement of reason itself is organized with practices of gained experience and classifications that provides a phenomenal and rational configuratio n to any possible item of empirical experience. Kant’s famous statement of this duty says, â€Å"Act only according to that maxim by which you can at the same time will that it should become a universal law.† Lastly, the perception of Romanticism appeared in encounter with the Enlightenment within the society. The concept was too vague. Philosophers indicated human nature as constant being. The concept of Romanticism had also confronted the culture of church because it disagreed with the thought of human intention and the enlightenment. The philosophers of Romanticism argued and stopped certain church movement due to their various types of emotions and inspiration. Romanticism influenced the society in many religious ways. It mainly served for Roman Catholicism through its exterior characteristic. Romanticism also emphasized individualism. When God told the world to serve one another, Romanticism tried to solve the problem alone. God has allowed freedom of will to all human, yet He specifically stated to live to glorify His name. John 14:13-14 says, and I will do whatever you ask in my name, so that the Father may be glorified in the Son. 14 You may ask me for anything in my name, and IShow MoreRelatedImmanuel Kant s Philosophy And Philosophy1389 Words   |  6 PagesResearch Paper- Immanuel Kant Immanuel Kant was a famous philosopher whose philosophical influences impacted almost every new philosophical idea, theory, concept etc. In a sense, he was considered the central face of contemporary philosophy. Kant spent his whole life in Russia. Starting out as a tutor, to then a professor, he lectured about everything; from geography to obviously philosophy. In his early life, he was raised to emphasize faith and religious feelings over reason and theological principlesRead MoreImmanuel Kant And Kant s Philosophy Essay2094 Words   |  9 PagesImmanuel Kant in his work â€Å"An answer to the Question: What is Enlightenment?† reflects his understanding of immaturity as the main source for not being enlighten(p.41). It is true that Kant animalized human beings ,â€Å"It is so easy to be immature† is best understood as an attack towards human beings’ because of our naivetà ©. It is only normal for us to apprehend knowledge from others. Immanuel Kant emphasize s on the lack of self-esteem, caring, and trustworthiness in ourselves. The lack of zeal toRead MoreImmanuel Kant s Moral Philosophy2217 Words   |  9 PagesIntroduction: What is moral philosophy? Moral philosophy refers to the branch of philosophy concerned with ethics, in other words, What actions are right or wrong in particular circumstances?. 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Well, accordingRead MoreKant And David Hume Views On The Matter1457 Words   |  6 Pagesresult in choices that lead to an individual to both reason and feel some sort of emotion. Objectively speaking, there is a no fine line between reasoning and how one feels, however there seems to be a distinct difference between the philosophers Immanuel Kant and David Hume views on the matter. Both are life changing philosophers with very opposing views. One sees the feelings in human nature while the other seems to see nothing but rationality. One can argue both are used but according to these twoRead MoreKantian Ethics And The Categorical Imperative Essay1581 Words   |  7 PagesAnalysis of Kantian Ethics and critiques In Elements of Pure Practical Reason Book, I, Immanuel Kant, a prominent late Enlightenment Era German philosopher discusses his most famous ethical theory, the â€Å"Categorical Imperative.† The â€Å"Categorical Imperative† is a proposed universal law in stating all humans are forbidden from certain actions regardless of consequences. Although this is the general definition of this ethical theory, the Categorical Imperative† exists in two above formulations, A strictRead MoreThird Breaking Down His Most Important Philosophies1097 Words   |  5 PagesMichael Diaz Professor Keedy April 17, 2015 Core Comp. II Discovery Draft Part 2 Third-Breaking down his most important philosophies: I. Present and explain in depth the each of the following: A. How he came up with such ideas. B. Provide example/ apply to life: 1. Groundwork of the Metaphysics of Morals 2. Metaphysical Foundations of Natural Science 3. Critique of Practical Reason 4. Critique of the Power of Judgment 5. Critique of Pure Reason a. Knowledge b. Metaphysics Topic: CritiqueRead MoreKant : The Father Of Enlightenment1071 Words   |  5 PagesStanford Marquis Essay 2 Kant: The Father of Enlightenment The 18th Century is referred to as the Age of Reason or Enlightenment as it was during this period that reason and individualism was advocated as a means of power. Science and reason were revolutionizing society by challenging the facts deeply rooted in tradition. This new rational way of thinking used logic to arrive at conclusions. Immanuel Kant, a German philosopher, was one of the primary figures of this era that cultivated reason andRead MoreJohn Stuart Mill And Immanuel Kant1387 Words   |  6 Pagesphilosophers. Two of these philosophers are John Stuart Mill and Immanuel Kant. Mill, in Utilitarianism defines happiness as pleasure without pain. He builds upon this idea of happiness when establishing his moral philosophy, stating that the action that would bring about the maximum amount of happiness is the most moral action. On the other hand, Kant establishes happiness as well-being and a satisfaction with one’s condition. Kant, however, argues that happiness is too ful ly based upon one’s ownRead MoreLying, By Jeremy Bentham1613 Words   |  7 Pagesthe more you do it the more comfortable one may become. Lying becomes a habit to many people, a habit they have a hard time breaking. Lying can simply be defined in one word, deception. Jeremy Bentham who is a British philosopher in the 1700’s and early 1800’s believed in the principle of utility otherwise known as utilitarianism. Jeremy Bentham thinks it’s permissible to tell a small lie because in the long run Bentham is looking for the ultimate amount of happiness. Bentham believes in the greatest