Marx s Views On Capitalism - 1320 Words

Capitalism was believed to be the answer to achieve an ideal society. Necessary for means to grow as a society, a community, a population. This system was utilized to create technological advancements, build networking, ensure equal rights for all owners, and improve the quality life. This was deemed to be done through competition. Competition that consisted of individuals striving to be better than the other. This left individuals with no choice but to compete with their neighbors, friends, and family. Capitalism was supposedly believed to be virtuous for all, bringing the individual closer to self actualization. However, as Karl Marx predicted, this system was, and still is, too good to be true. Frederick Engels analyzed Marx’s work and†¦show more content†¦The economic base of society is significant as it shapes the superstructure of society. Capitalism is an unethical economic system that ultimately results to failure in blame of it’s contradictions. The opposition of claims or facts made within a certain situation is otherwise known to be a contradiction. An analogy representing a contradiction is something being black and white at the same time, as opposed to being grey. This generates a great deal of confusion to many. Capitalism is consisted of bounteous contradictions, making it subsequent to disruption. In the foreground, the fundamental contradiction of capitalism is ultimately between the opposing forces of social production and capitalist appropriation of productions. Products are produced through social relations, in large workshops and manufactories. A number of people are needed to create the whole of the product. As well, each person has an assigned task to complete with the use of the owner’s instruments of labour. In addition, the proletariat in return receive minimum wages. As a result of the instruments of labour belonging to the owner, the goods produced belong to the proprietor as well. The contradiction is entirely illogical, as social means are expended to generate production, albeit the commodity belongs to the individual capitalist, also known as the bourgeoisie. Equally significant, this system creates inequality as the workers receive low income wages, while

Correlation between Playing Team Sports in High School or...

I do believe that potentially, if you played team sports in high school/college that it will increase your chances of landing that big job. People do not realize what it takes to play a team sport, it takes team work, work ethic, mental strength, I can go on and on about what you need to be able to succeed in a sport. Just having those skills listed above can help you prepare for the career field you will be going in. Think about having a job, there are a lot of skills you need to possess in order to succeed in that career field. It is much like playing a team sport; you need to be able to use those same skills you used when you played a team sport to become successful in the work force. These are just some of the reasons why playing a team sport will help you land that big job in the work force. Let’s say you are a owner for a huge business, and you had to fire someone for whatever reason, when you go to hire that new candidate, which one would you choose; a guy who is very friendly, outgoing, great communication skills, and a great leader, or someone who is just the opposite but may have a few of those skills. Knowing as an owner that this guy was a star on the baseball team, and a great leader with a lot of skills required to be successful in the work force should help you determine who to pick for this job. I would hope you would choose the guy who played team sports over the guy who did not. I played baseball and soccer throughout all four years of high school, and IShow MoreRelatedEssay about Sports Effects on Child Development1390 Words   |  6 Pageschallenges and obstacles that make it hard for them to overcome. 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Marketing Banking Services In Bangladesh †Myassignmenthelp.Com

Question: Discuss About The Marketing Banking Services In Bangladesh? Answer: Introducation Banking services in Bangladesh is characterized as a highly competitive and highly regulated sector. Bangladesh has a good number of banks which are in operation indicating that the banking sector in the country is growing to be competitive day by day(Kathuria Mezghenni Malouche, 2016). With the global sabotages in the banking sector, the banking business organization are moving towards developing new products and services to meet the growing market and customer demands(Burg, 2006). However, the significant amount of regulations provided by the Bangladesh Bank avert the introduction of new products into the market. Moreover, the recent trends indicate that operating banks in Bangladesh are shifting from providing vanilla banking products to higher valued product and services, these new services are expected to meet the market demands as it allows the company to gain a market competitive advantage(Armstrong, Kotler, Harker, 2015). The involvement of banking sector in various financial events in Bangladesh is increasing every dawn making the country to be a business hub in the region. As the demand for financial services is increasing every day, the banking business organization are coming up with innovative ideas that result in new banking services and products. Since Bangladesh is a developing country, banking organizations are innovatively moving towards serving in a competitive field where all the banking organization is looking for better services and opportunities to provide to the customers(Babin Zikmund, 2015). Banking Sector in Bangladesh is one of the major key sectors that has contributed to economic development. The banking sector in the country is made of several existing and new market enterers to the market, the sector comprises four major categories of banks they include, Nationalized Commercial Banks, Specialized Banks, Private Commercial Banks and Trans-National Banks(Burg, 2006). The four categories of banks have played a vital role in the Bangladesh financial sector. Bangladesh Bank is the central bank that provides principal regulations to the banking sector in the country. Commonwealth Bank Commonwealth Bank of Australia is an Australian multinational bank started in 1911 by the Australian Government under the Commonwealth act of 2011. In 19120 to 1960, the bank operated as the principal central bank of Australia, the Australian Stock Exchange Markets later listed it in 1991(Grant, 2016). In 1996, Commonwealth Bank was fully privatized and decided to segment its operation and now operates in Asia-Pacific Regions. In 2016, the Commonwealth Bank of Australia reported revenues of AUD$24.58 Billion. Due to its growth, the organization has a focus to expand its market to Bangladesh that is now a growing business hub for the banking industry. Banking Industry analysis in Bangladesh An industry analysis is a market strategy that is used by a business organization to determine if they could want to enter products or services to a new market. The top executive of an organization has the mandate of carefully analyzing several elements of industry in order to determine the scale of operations in a new market(Armstrong, Kotler, Harker, 2015). The banking sector in Bangladesh grew since it the country independence in 1971, the government legalized all the banking organization that existed in the country. As the country economy is growing new banking organization started entering into the market(Kathuria Mezghenni Malouche, 2016). The government of Bangladesh has created favorable surroundings for the personal banking sector, which attracts many buyers to make investments in the financial market. Bangladesh has been doing thoroughly in private sectors in recent years(Molnr Lendvay, 2016). Previously handiest government banks were right here to serve the financial wishes of clients, but now varieties of services are offered by commercial banks which have been not viable before. Financial help is very important to develop all of the sectors that can be furnished via the relevant financial institution of Bangladesh. Central bank boosts industrial banks to finance increasingly within the agricultural sectors, prescribed drugs sectors. Government puts stress on these banks to provide loans to the Small business organization and individual persons. Business environment The business environment is defined as all the internal and external business factors that affect how a business function, including employees, management, supply and demand, business regulation and customers. Examples of business environment comprise the process of satisfying the customer demands in a particular market and political issues affecting the business functions(Nurse, 2016). PESTEL Analysis of Commonwealth Bank in Bangladesh PESTEL analysis is a business tool that is used to determine the external macro-environment that affects the all the business industries including the banking sector. PESTLE is an acronym of Political, Economic, Social, Technology, Environmental and Legal factors(Craig Douglas, 2005). Political factors Bangladesh is a country that has created a favorable business environment. The country has a strong political stability, the stability of a country acts as the foundation of a business environment. Commonwealth Bank should consider the political stability of Bangladesh. Economic factors The economic factors comprise the aspect that affects the economic growth of an organization. They entail the issues such as monetary policies, trade policies, and future trade agendas. The main objective of Central Bank of Bangladesh is to emphasize sustainability of economic and price stability. The Central Bank has presented a monetary policy framework that has created a greater resilience to the market this has allowed a business organization to achieve their desired goals and objectives. The Commonwealth Bank management should consider the economic factors such as trade policies, and monetary policies installed by the principal central bank(Grant, 2016). Social factors Social factors are those business aspects that relates to the way the people in the different market are living and their perception of a particular business. Bangladesh is a country that allows his citizens to get access to banking services, especially to young aged citizens who are believed to be vibrant and energetic economic pilots. Commonwealth Bank should advocate the element introducing banking products that will favor the social affairs of the Bangladesh citizens(Amin, Asadullah, Hossain, Wahhaj, 2017). Technology factors Bangladesh is a developing country with improved road networks, airlines transportations, and railway services. The developed transport infrastructure indicates that the country is well versed with new technological advancement in all the business industries including the banking sector. The should enter into Bangladesh banking industry with new technology in order to gain a competitive business advantage in the market(Mathews, Bianchi, Perks, Healy, Wickramase, 2016). Environmental factor The Commonwealth Bank should major introduce new administrative approaches of working with the Bangladesh government in protecting the environment. By being part of good environmental ambassadors, the bank is able to improve its reputations and gain loyalty from the government(Craig Douglas, 2005). Legal factors Legal factors consist of new laws and regulations that are introduced by the government. All business organization, including the Commonwealth Bank, should conduct business activities that are not above any principle of law. Market analysis Market analysis is explained as the process of understanding the market dynamic a particular business industry, it is described to be the attractiveness of the market to a particular business industry(Babin Zikmund, 2015). The market analysis is the primary strategic management approach that should be considered by any business organization, national companies including Commonwealth Bank should ensure that they implement on the substantial market analysis measure, which will steer toward accomplishing their mission and vision statements(Armstrong, Kotler, Harker, 2015). In understanding, the concept of regional business market analysis represents the vital information that involves conceptualizing different crucial aspects that affect the regional marketing decisions. The market analysis measures and framework should focus on the market size of Bangladesh banking industry as well as related aspect such as GDP and country economic growth of the country(Nurse, 2016). Competitive Analysis The competitive analysis of Commonwealth Bank in Bangladesh should focus on the process of providing banking portfolios that meet the growing market. The bank should consider facilitating competitive banking services that are accepted by a large-scale market. The company should contribute to the neutralization of concentrated market which is full of competitors such as Uttara Bank, Islamic Bank of Bangladesh and NCC Bank(Al-Ansaari, Bederr, Chen, 2015). Organizational Analysis While the Commonwealth Bank is a leader in the market, the most important aspects they need to consider is to provide quality banking products and services that are relevant to the market. customers are the main stakeholders for the company, they should be provided with quality bank products such as educational loans, real estate, mortgage, overdraft, and commercial. The bank should provide services such as online banking service, Inbranch services and card services(Andaleeb, Rashid, Rahman, 2016). SWOT Analysis SWOT analysis is a useful strategic management tool that is used by top organizational management to primarily identify and understand the strengths, weakness, opportunities and the threats that might affect operations of the business venture(Culp III, Eastwood, Turner, Goodman, Ricketts, 2016). Strengths Commonwealth Bank should take the credit on strengths that they have in the market. Since its inception in Australia, the bank is listed as the leading bank in the banking industry. The bank also has a well-diversified credit portfolio. Technology is an essential aspect that has contributed to the bank development, the bank has the emphasis on technology development. It has robust financial position and rations(Armstrong, Kotler, Harker, 2015). Weakness Commonwealth Bank is considered to be having a high independence of offshore borrowing. One of the major factors that affect the operations of Commonwealth Bank is the limited geographical diversity and the increased operating expenses(Culp III, Eastwood, Turner, Goodman, Ricketts, 2016). Opportunities Commonwealth Bank has a high expansion into different markets in the world-banking sector. The bank is also advocated to introduce the Customer Assistance Line in Bangladesh during their operations(Bryman Bell, 2015). Threats Bangladesh government has introduced the measure of phasing guarantees that are given to the operating banks in the country. However, the bank should expect business pinch from the fragile business environment in Bangladesh and Asia- Pacific Region. Conclusion Commonwealth Bank is reported to be a banking organization that has segmented its operation to different market in the world, including Bangladesh which a growing business hub for different business sectors. The bank provides services and products that are considered to meet the growing market. The organization has consider the essence of conducting the market research, conducting the marketing research allows the company to identity the demand and supply in the market allowing the company to provide quality services that meet the customer demands. SWOT and PESTEL analysis tools are the strategic management tools that the organization is advocated to consider they enter into new markets, including Bangladesh. References Al-Ansaari, Y., Bederr, H., Chen, C. (2015). Strategic orientation and business performance: An empirical study in the ASIA context. Management Decision, (Vol. 10). Amin, S., Asadullah, M. N., Hossain, S., Wahhaj. (2017). Eradicating Child Marriage in the Commonwealth: Is Investment in Girls Education Sufficient?. The Round Table, 106(2), 221-223. Andaleeb, S., Rashid, M., Rahman, A. Q. (2016). A model of customer-centric banking practices for corporate clients in Bangladesh. International Journal of Bank Marketing, 34(4), 458-475. Armstrong, g., Kotler, p., Harker, m. (2015). Marketing: an introduction. Pearson Education. Babin, B. J., Zikmund, G. W. (2015). Essentials of marketing research. Nelson Education. Bryman, A., Bell, E. (2015). Business research methods. Oxford University Press, USA. Burg, C. (2006). Global Brand Marketing Inc., Footwear upper. U.S. Patent D515,299. Craig, C. S., Douglas, S. P. (2005). International marketing research. :. Chichester: John Wiley Sons. Culp III, K., Eastwood, C., Turner, S., Goodman, M., Ricketts. (2016). Using a SWOT Analysis: Taking a Look at Your Organization [2016]. Goncharuk, A. (2016). Banking Sector Challenges in Research. Journal of Applied Management and Investments, 5(1), , 34-39. Grant, R. M. (2016). Contemporary Strategy Analysis Text Only. . John Wiley Sons. Kathuria, S., Mezghenni Malouche, M. (2016). Attracting Investment in BangladeshSectoral Analyses. Washington, DC: World Bank. Mathews, S., Bianchi, C., Perks, K. J., Healy, M., Wickramase. (2016). Internet marketing capabilities and international market growth (Vol. 4). International Business Review. Molnr, M., Lendvay. (2016). POSSIBILITIES TO IDENTIFICATE ACTION POINTS IN ECONOMIC DEVELOPMENT OF LOCAL MANAGEMENT. Journal of Management, (1), 28. Nurse, K. (2016). The Diasporic Economy, Trade and Investment Linkages in the Commonwealth. Commonwealth Secretariat.

The Beatles - Revolver free essay sample

After having previously bought a couple of The Beatles earlier albums, I was itching to buy another, so I purchased Revolver, first released in 1966. After reading positive reviews I had high hopes for the album, and I definitely wasnt disappointed. Since the album was released when The Beatles were beginning to experiment more with their music, you can expect to see some of their more out there tracks, straying from classic pop hits such as She Loves You and I Want To Hold Your Hand, and making the transition to John Lennons psychedelic masterpieces such as Tomorrow Never Knows, and Im Only Sleeping, but also featuring Yellow Submarine, the childlike song with Ringo Starr on lead vocals, by Paul McCartney, and another one of his contributions; the poignant ballad For No One. However, lets not forget George Harrisons role, on this album he was able to display his growing stature as a talented songwriter with the melodic I Want To Tell You, and the heavily Indian influenced Love You To. We will write a custom essay sample on The Beatles Revolver or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A personal favourite on the album is And Your Bird Can Sing, a biting rocker by John Lennon, notable for its dual harmony guitar riff, however described by him as one of my throwaways, although I honestly cannot see why. However its unfair to single out just one song, overlooking the others, spanning a variety of different musical genres, displaying that The Beatles are as versatile as they are innovative. This album helps to define why The Beatles are seen as one of the most influential bands of all time, helping to shape music for the future, even the most cynical Beatle hater cannot deny that. So, is it the best Beatles album of all time, well its certainly one of my favourites, but why dont you have a listen for yourself and find out?