The Cost of War How Government Can Strategically Reduce the Cost of Essay

The Cost of War How Government Can Strategically Reduce the Cost of War - Essay Example Now, it has been unanimously concluded that wars do much damages than it do the goods. The huge costs involved in wars put heavy strain on the state’s finances and jeopardize the future prosperity. The only solution to reduce the number of wars, if not stop wars at all, is to create an environment of global peace and tranquility. In this regard, all the parties involved, such as the governments and the global populations have to unitedly play a proactive role to spread the message of peace and universal brotherhood. The history of human civilization is replete with innumerable wars, many of which were indeed colossus in nature and were incredibly costly. Though many wars waged earlier are credited with many remarkable developments for the humankind such as the rise of capitalism, breaking out from the oppressive rulers, creation of administrative state, repossession of own territory, class struggle etc., but at the same time these brutal wars have had imprinted their indelible adverse impact on the mankind also. The huge monetary costs apart, these wars resulted into loss of invaluable human lives, which cannot be measured or consoled through money. Wars also result into inestimable demand on the scarce resources of the country. In modern times, it is believed in some quarters that wars benefit the economies of the first world countries which are rich to begin with, or countries which initiated the war. Again, it is believed in some other quarters that wars do not necessarily benefit the develo ped countries, rather wars can sometimes make these countries worse off. Whatsoever, it is undeniable that wars involve some costs such as the cost of servicing army / military, costs of rebuilding destroyed areas, human costs, environmental costs, etc. It is not easy to quantify these costs involved in wars, but the states can definitely adopt some

Citi bank Assignment Example | Topics and Well Written Essays - 4000 words

Citi bank - Assignment Example Citigroup operates in six major regions in the world which are North America, Latin America, Asia, Europe, Middle East and Africa. An institution connecting millions of people from more than 1000 cities covering 160 countries, they represent themselves as a global bank. After achieving tremendous success domestically since its inception in the year 1812, they expanded globally with a sole purpose of serving their clients and shareholders effectively (Citigroup, 2013b). Citibank’s main objective of internationalization is to enter new markets and structure a banking relationship with a dedicated team of country specific officials who have thorough understanding of foreign markets and have a wealth of experience working with Citibank divisions across the globe. One of the primary global solution services of Citibank includes quick and easy opening of account in any of the 39 currencies from a single Citibank branch. Thus it spares the need for opening accounts country by country ; currency by currency. They also offer foreign exchange services to international clients thereby providing personalized one-to-one guidance from a foreign exchange specialist. They also offer 24 hours foreign exchange trading in 135 different currencies. In addition to that, Citibank also provides World Link service by means of which their international clients can make payments such as wires, automatic clearing houses or checks in any of these 135 currencies. Their multicurrency payment system offers a one-stop solution for their international clients to make payments using their preferred currency without opening accounts in different currency which they want to trade in (Citigroup, 2013c). The Citibank global business solution division helps its clients who are involved in internal business (importing materials or expanding overseas) by providing paperwork-oriented services thereby mitigating the risk. CitiBusiness trade services and manage trade transactions on behalf of their international clients thereby helping them to minimize their risk when dealing with counterparties from different countries (Citigroup, 2013d). As far as the Citibank’s international business operations in the Asia pacific region is concerned, its history dates back to 1902. They provide more services in the market, with a large base of clients, compared to any other financial institutions in this region through its institutional clients group and global consumer banking business. They employ more than 60,000 officials across 18 countries in this region. Citibank has a rich history of innovation and customer service in this region and has been as the region’s leading retail bank (Citibank, 2013e). As far as Europe, the Middle East and Africa is concerned, Citibank operates in 116 countries. However, it maintains physical presence only in 55 of them. Operating in this region has proven to be of great benefits for the organization, primarily because this region includes a thick combination of both developed and emerging markets. The main rationale for preferring Citibank over any other financial institutions in this region, as explained by the clients, is because of the bank’s global footprint, market position, in-country relationships and availability of wide

Some important innovative practices in recruitment Essay

Some important innovative practices in recruitment - Essay Example According to the research findings the hiring scenario has gone through dramatic changes in the past decade with organizations, consequent increasing talent crunch. The use of internet is an innovative approach in this hiring scenario. While sources such as campus recruiting, head hunters, and lot of executive search processes plays their own role, organizations develop strong internet recruiting capabilities to enable recruitment processes efficiently. â€Å"There is no doubt that the use of the Internet and social networking sites to recruit candidates and screen applicants is on the rise†. Internet Helps in Three Areas of the Recruitment Process: †¢ Identifying large number of candidates which is not possible through other sources †¢ Screening process automation †¢ Advertisement to potential targets Internet provides considerable appeal to college graduates, young talents, workers and executives. The acceleration resumes capture, and processing are done by the web, and it helps to remove most of the steps in the old processes. It also gives faster information review and standardized applicant data, and ultimately provides productivity and effectiveness. The trend however is towards reaping the benefits of online social networking. To this trend, there are websites like Linkedlin, and job portals such as www.naukari.com. Technology based training method is one of the best practices used to train staff, which include computer based training, electronic performance support system, distance and internet based training and audiovisual based training. â€Å"The growing adoption of technology based training in organizations has been fueled largely by the potential practical benefits offered by these systems† (Bell & Kozlowski 31). Computer based training usually involves teaching the trainees to do the job using a system, computerized simulations and multimedia including videotapes. The computer screen shows the applicants employment application and information of the job. In other training methods the trainees have to go or manage time for training, but in this case trainee can do it at their own pace. â€Å"Within a self-paced instructional program, an employee may review specific topics on which he/she needs clarification† (Chappell). People normally cannot recollect all the things they learnt, and it is the same in the case of training too, so computer based support systems provide the employee with the knowledge and information about the organization regarding systems, workprocesses, culture etc. Electronic perf ormance supportive systems can be referred to as a job aiding mechanism these days. It is a set of displays and computerized tools that executes training, phone support, documentation, and integrates all applications, which are faster, cheaper and more effective than any other traditional methods. Now firms are using various methods of distance learning tools for training, which includes teletraining, video conferencing, and internet based classes. The benefits in tele training are that the trainer in a central location can teaches groups of employees in a remote area. If the employees are geographically separated they use videoconferencing. Some organizations facilitate internal intranet training to their employees, or they can take online training

International Business & Strategy Essay Example | Topics and Well Written Essays - 2000 words

International Business & Strategy - Essay Example Robert Walters as per the comparative analysis in the appendix India is the best target market alternative due to the prevailing macroeconomic environment in the nation. For a company that focuses on the recruitment of human resources for organizations, India is an important frontier due to the political, economic, social, technological, technological, legal and competitive factors that an investor is likely to derive from the nation. The external environment also affects Robert Walters and there is need to analyse the organization’s relationship with the environment as well as its business strategy. This can be analysed through the PESTLE analysis, which looks at the political, economic, social, technology, legal and environmental factors and how they affect the enterprise (Dransfield 2001, p.20). As a company that operates in an international market where there are several competitors, it is important to understand the macroeconomic environment that one intends to operate in and this determines the policies that the company decides to adopt in order to remain successful and profitable in a foreign market. Therefore, any company that intends to operate and maintain a competitive advantage over the others must consider the macroeconomic factors that prevail in that particular market. The political factors include the stability of the government, the taxation policies, foreign trade regulation as well as the social welfare policies, which greatly affects the operations of the business enterprise (Partridge 1999, p.76). Under the political factors, India is often referred to as the largest democracy in the world only followed by the United States and this has a profound effect on the success of any business that may be started or carried out in the nation. The political situation in India underscores the fact that all businesses within a nation must always operate within the confines of the political

Public Health Essay Example | Topics and Well Written Essays - 1000 words - 2

Public Health - Essay Example Its objective is to offer conditions in which citizens can be fit and its focal point is one the complete populations (Chin, 2000). Therefore, public wellbeing is concerned with the whole organization and not only the abolition of particular illnesses. Mission: the task of the public wellbeing scheme comprises its objective at every point in moments and how, at the theoretical stage, these goals are prepared. At the start of the 21st era, the duty of community wellbeing is to guarantee situations that populaces can be fit. This task is conceptualized as being approved via the recital of the core purposes of evaluation, policy growth, and the declaration (Rugglero, 2007). The functions have come to symbolize the universal conducts in which civic wellbeing difficulties are known and tackled via planned, communal labors. Structure: the structural ability of the public welfare organization is the increasing capital and relations essential to take the vital processes of community fitness. Structural capacity comprises of the following basics: organizational resources, information resources, fiscal, human and physical resources. Process: the practice of community fitness can be considered in terms of primary processes via which practitioners look for to identify, prioritize, and address society heath difficulties. Also, it seeks to recognize resources and productivity of the basic operations, policies, public health involvements, services, programs, and regulations. The means of general fitness are those that recognize and tackle health difficulties. In addition, the methods also identify and attend to agendas and services reliable to community priorities and mandates (Chin, 2000). Outcome: an organization’s outcomes are the immediate and lasting change knowledgeable by communities, families, providers, inhabitants and individuals. It is also the cumulative consequence of the contact of the communal wellbeing system’s process and structural capacity given

Romeo and Juliet Love Essay Example for Free

Romeo and Juliet Love Essay Would someone ever betray their family for the person they love? Well in The Tragedy of Romeo and Juliet written by William Shakespeare appears as a well-known plot with a twist ending on account of forbidden love. Two teenagers who come from different feuding families fall into love at first sight which always existed as forbidden since the families have hated each other since the beginning of time. The love comes off as so strong and powerful; it ends up killing them both with wrong information passed along. Since the strong feelings for one another lead to death, the love will always remain true and will always exist there. If those chanced forbidden love with someone, they would only stay together if it truly existed. In the heartwarming story of two teenagers falling in love and dying for each other in a matter of five days, it shows definite true love. In the play, it does not come off as â€Å"puppy love† but true love. Romeo and Juliet meet, get married, and die for each other. Romeo says â€Å"Did my heart love ‘til now? Forswear its sight. For I never saw true beauty ‘til this night,† showing his strong feeling and emotion. When the reader reads this quote said by Romeo, they would think of Romeo’s old loves such as Rosaline and think how he yearned for her, yet how Juliet has popping appearance and comes off as more valuable. Real love only comes around once, and when Romeo says this, he proves that she happens to be his one love, and he appeared dumb struck and blind until he saw her. Juliet says, â€Å"’Tis but thy name that is my enemy, thou art thyself though not a Montague. What is Montague? It is nor hand, not foot, nor arm, nor face, nor any part belonging to a man. Oh, what’s in a name? That which we call a rose by any other word would smell as sweet; so Romeo would, were not Romeo called, retain that dear perfection to which he owes without that title. † The reader thinks that the love will not work since forbidden and wrong, but the name of you does not change who you will always live with as yourself and it should not change your rights. When Juliet says this and states it does not matter if what she did will be accepted as wrong, it shows she will do anything for Romeo which shows true love. Romeo chanced many loves, desperately, but states Juliet as the most worthy, and she also says it does not matter whether you take part in the life of a Montague or Capulet; love will be love and should not have rules or regulations. The way Shakespeare portrays the thoughts and words of Romeo and Juliet; you know it comes from the heart and that it shows love. â€Å"Good night, good night! Parting is such sweet sorrow, that I shall say good night ‘til it be morrow,† says Juliet after they both share their love for each other. When the reader sees this they think that it will not grow long until they will be seen again but it will show a painful while for them. It shows love because when love exists between someone, they want to spend all of their time with eachother, not away from them. â€Å"O my love, my wife! Death, that hath suck’d the honey of thy breath hath had no power yet upon thy beauty,† says Romeo. After reading this, it comes to know Juliet fakes the death and that she will awake soon while Romeo thinks she will never awake, and she will stay in eternal sleep. Romeo states that even though the life has been sucked out of her, her beauty remains and it shows love. If it were lust he would not depress over it. When there is marriage and death for someone in just five days, love exists and you cannot fall for someone so quickly without feelings. To show and share love, marry, and die for someone that shares the same affections of love, true love exists and there will always live strong feelings between them. Juliet can barely go a night without seeing Romeo. Even though Romeo thought he loved before, he swears that the only person he happened to love could be Juliet, and that all his other lost relationships showed to exist as nothing but maybe lust. Romeo also states that nothing can change Juliet’s beauty. Juliet says it does not matter which family you happen to stay a part of, and as long as you love someone, it should be allowed. Loving someone involves dedicating your life to them. Romeo and Juliet do dedicate their lives and die so they will not exist with fraught with misery without their eternal love.

Information Technology Is A Key To Business Success Information Technology Essay

Information Technology Is A Key To Business Success Information Technology Essay Information technology also referred to as IT is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise. In the business context, the Information Technology has defined as the study, design, development, application, implementation or management of computer-based information systems. The business of information technology is to complete business processes, provide information for decision making, connect business with their customers, and provide productivity tools to increase efficiency. Information Technology is the key enabler to improving customer satisfaction, operational efficiencies and by extension, profitability. Technology has been the great enabler of business and especially retail enterprise.Information technology is everywhere in business. Understanding information technology provides great insight to anyone learning about business. Information Technology (IT) is fast becoming a key lever which management can use to deliver operational benefits whether in reducing operational costs, entering emerging markets or scaling their business across multiple geographic regions. With advances in technology and its impact on todays business models, companies are increasingly pushing the boundaries to remain competitive. Information Technology is one key area to do this business need to view IT as an enabler rather than a cost center. OBJECTIVE (S) To explain the key of Information Technology for business to success To know the advantages of Information Technology in Business To describe the ways of Information Technology can improve your business to success BODY OF THE ARTICLE Key of Information Technology for business to success Information technology is a modern phenomenon that has dramatically changed the daily lives of individuals and businesses throughout the world. Leveraging information technology for business success is key to survival in the modern business world. Information technology has grown into the business world by influencing companies to market their products, communicate and accomplish their jobs in modern organizations. IT made her firm to grow rapidly to its ability to leverage information technology and the internet to drive sales. This can helped the firm to have clients all over the world. It also helps the revenue of the firm to increase every year. Production technology has allowed modern companies to make substantial progress in operational efficiency and the effectiveness of human resources. Information technology has also changed the way that companies operate internally. Personal computers have become a necessity for a large majority of corporate jobs, and many manual labor jobs require the use of a handheld computer or other electronic device as well. Apple Success with information technology Apple achieved business success through the use of information, information technology and people by finding a way to make their product more interesting. With the use of information Apple determine in sales what would sell and who could benefit from their product and what would the pros outweigh the cons of their product. For example with certain products they make like the I Pad the size is easy to carry you can play games and watch videos type papers take photos its touch screen which the customers enjoy. Information technology (IT) enables managers to be more competent in the business function and the organization departments to be more effective. Information technology can control the use of computers and computers software. Apples CEO, late Steve Jobs wants to control the primary technology in everything he does. For example, he was obsessed with control, he wants i-Pod playing songs encoded by Apple only, but it will limit the i-Pod markets. Then he came with the idea landing with a Windows compatible and that made i-Pods sales when up. Apples designs are distinctive and their devices rely more in standard technologies. His decision to change was fundamental to the exceptional success that Apple has over the past ten years. Advantages of Information Technology in Business Information technology (IT) benefits the business world by enable organizations to work more efficiently and to maximize productivity. Almost every work environment is dependent on information technology that related to computer applications. Since the computerized system so widely used, it is advantageous to incorporate information technology into an organization. For the storing and protecting information, information technology can creates electronic storage systems to protect your companys valuable records. The storage systems also can keep information safe by only allowing certain users within your company to access, withdraw, add or change the documents. One of the most significant benefits of information technology is the capability to stock a large amount of information. As you know, computers can keep records of the company in terms of data movements, transactions, customer records and others. This information could be used, analyzed, aggregated and displayed in any format, which gives the people in the business to make a great decision about the company. Instead, data can show system response times, financial analysis, customer trends, profitable customers and anything that is associated with the link. This can surely help to improve the operation and management of the company. Employers can use this to determine the ways and methods they need to do in order to know their employees according to performances. One of the major benefits of information technology in business is to increase the efficiency. People look for ways to do more work in a shorter amount of time. The information technology improves your companys efficiency by developing automated processes to take burden off your staff. For example, your employees are free to work on other things while the computer runs their reports, creates queries, tracks projects and monitors financials. Beside that, the communication is essential to the business world, and information technology gives your company the resources it needs to communicate quickly and effectively. For example, your IT department can hook your employees up with email, video conferencing equipment and internal chat rooms, so that they always have an efficient way to conduct business and communicate. Information technology can assist the business to have an efficient and more effective customer service. This is the reason why many business owners are using the social media for them to promote their service and products. As there are now numerous people who use the social media, it is a great avenue for these businesses to use it in terms of interacting with their customers. Finally, information technology was undeniably very useful and functional in the field of business because every transaction can now be just simple and easy especially if the program or system used is designed well. Ways of Information Technology can improve your business Where can Information Technology best contribute to the business? By following this approach within your company, you can help focus your use of IT for increased business bene ¬Ã‚ t. The first way of information technology can improve your business is reduce the cost or expense. This is the bene ¬Ã‚ t of IT that  ¬Ã‚ rst comes to mind for most people. The original IT projects were put in place to automate processes in order to reduce cost, often by replacing large numbers of people with a few computers. , if your business is not competitive in your industry because of a higher than normal expense level, then this may be the most important way that IT can contribute to your business success. An example of a case study for lowering costs is Amazon, which has used information technology to streamline its business in order fulfillment. IT projects also reduce expense by automating any process that requires heavy use of clerical people, or any process that uses highly repetitive well-de ¬Ã‚ ned procedures. The second way of information technology can improve your business is differentiation. For differentiation strategies, organizations try to make their products and services different from their competitors. Apple has been successful with this strategy by designing its computers to look much different from PCs and focusing on its computers ease of use. As another example, Amazon.com has differentiated its website by using certain information technologies, such as personalization technologies to recommend products to customers based on their previous purchases. Amazon.com also uses the one-click system for fast checkout. With this system, customers can enter credit card numbers and addresses once, and in subsequent visits simply click once to make a purchase, without having to enter information again. For most businesses, increasing revenue offers higher payback than reducing expense. Its even more true when revenue can be added by increasing sales to existing customers, eliminating the necessity of additional customer acquisition costs. Many E-commerce web sites in the dot com era were justi ¬Ã‚ ed on the basis of increasing revenues, but most of them just provided an additional sales channel for existing customers, and actual revenues didnt increase. In addition to e-commerce web sites, one examples of systems that might increase revenues which is data warehouse systems can help identify customers who are most likely to buy as a result of certain types of promotion, or who would be more likely to buy as a result of cross-selling efforts. The other way of information technology can improve your business by improved the quality. An Information Technology can improve the quality of your products or services if the project implements process improvements that would be too time consuming or dif ¬Ã‚ cult to do without using computers. By improving quality, we can end up increasing revenue, improving customer retention, and even reducing cost, but quality improvement should be considered as a goal in itself. For example, when use of modeling software to better understand and predict product failures, and to take action before products fail. Beside that, improved customer satisfaction is the way of information technology can improve your business to success. Improving customers satisfaction is one of those things that is obvious, and yet very dif ¬Ã‚ cult. If customers are more satis ¬Ã‚ ed then your revenues will grow, either through repeat purchases or through word-of-mouth advertising. Costs are likely to be lower as well, since you wont have to spend as much to deal with customer complaints and returns. Information Technology can help by providing web access for customers, and by making information available to customers by phone or by fax. DISCUSSION AND CONCLUSION For the conclusion, Information Technology is essentially a wide and varied field. Information technology can speed up the time it takes new products to reach the market. From innovations in microprocessors to efficient drug delivery systems, information technology helps businesses respond quickly to changing customer requirements. Other than that, information technology provides a wide range of tools entrepreneurs can use to guide their new companies through the startup and growth stages. The companies that will succeed and flourish in the 21st century are the companies that will understand what users need and will be able to offer them the experience that can be obtained through technology information systems. Modern information technology has gained popularity rapidly since the mid-twentieth century, and the trend is likely to continue into the future.Simply put, Information Technology has changed the business landscape due to its wide and varied scope.