Mergers and acquisitions in banking sector
Global Business Context Assignment on retail banking industry; focusing on the changes in the market industry and cross border restructuring EXECUTIVE SUMMARY For the past ten years a serious changes have been occurring in the banking industry. Significant transformations can be noticed in the financial sector market structure due to the mergers and acquisitions. Decrease in credit institutions operating in the Western Europe and noticeable increase in concentration and competition. Additionally the total value of assets increased in all examined countries. Western Europe market as a whole saw an increase of almost 100% in the asset value. The total number of operating banks declined to around 7000 institutions, a decline of 30% during the time period. The concentration ratio increased in majority of the countries with Estonia and Netherlands holding the biggest CR5 ratios. The number of micro and macro environmental factors contributed to the changes in the industry. The most influential and therefore important were political factors, including changes in regulations and policies regarding consolidation in the banking sector. Economic, Social and Technological factors were less affective with economic growth being the most influential force. Micro economic analysis proved that consumers and competitors were the most crucial factors that helped to bring the cross-border
A decade of financial sector reforms.
A decade of financial sector reforms The last ten years have witnessed a maturing of the country's financial markets. While many major commercial banking and specialised investment institutions continue to be in the public sector, private sector institutions are growing rapidly in commercial banking and asset management business. A DECADE is not a long time in the life of a nation. However, the last ten years mark a watershed in India's economic and political development. This report shows the important achievements of the financial sector reforms undertaken since 1991 by various governments. Financial markets The last ten years have witnessed a maturing of the country's financial markets. While many major commercial banking and specialised investment institutions continue to be in the public sector. Private sector institutions are growing rapidly in commercial banking and asset management business. With the recent opening up of the insurance sector, the private sector will start making a dent in the market. Deregulation of the financial system and competition among financial intermediaries has led to a gradual decline in interest rates. The task is to keep the real interest rate that is the difference between the nominal rate of interest and the expected rate of inflation, at a realistic level, so that borrowers do not pay a high price, while depositors have an
The Role of Women: A Personal Perspective Based Upon Imagery and Informal Diction
The Role of Women: A Personal Perspective Based Upon Imagery and Informal Diction The role of women in many societies is one of oppression and though many women remain silent about their desires for equality, some refuse to accept their societies' views. The characters of Esther Greenwood and Ramatoulaye Fall both recognize what society expects of them, due to certain events in each character's life. Esther, a character in The Bell Jar by Sylvia Plath, begins to recognize her dismay with what is expected of her because she is a woman, and therefore she accepts her journey towards understanding of her society but yet living on her own terms. Mariana Ba portrays the character of Ramatoulaye, in the novel So Long a Letter, as an independent woman struggling to find reason with her husband's acceptance of the Muslim tradition of polygamy. Both women search for understanding of their respective societies' views of women, and through their quest, they become aware of whom they are as people and come to recognize the importance they each have as individuals. The novels in which these characters grow towards personal acceptance of what their roles in society illustrate this through informal diction and imagery, which both serve to assist in a better examination of their roles as women in society. While examining her role as a woman in society, Esther focuses mainly upon her
Private sector businesses 2.
Private Sector Businesses 2 Franchises A franchise is a way of owning a business without taking the normal risks of starting out on your own. It is little wonder, then, that it is so popular! Benetton, Prontoprint, Wimpy, Kentucky Fried Chicken, BSM and Body Shop are all examples of franchises. These are enterprises where a small shop or outlet is run by a franchisee, who has been given permission to operate the business by a franchisor the organization which owns the product or service being sold. The franchisee gets the benefit of the franchisor's expertise in marketing and operations. The franchisor will often supply the raw materials or stock for sale, provide shop displays and give help and advice to the franchisee, who usually has the exclusive right to operate in a certain geographic area. The franchisee has the responsibility of running the business on a day-to-day basis and can keep most of the profits. However, he or she must raise most of the capital and pay an initial licensing fee to the franchisor. In addition, the owner must pay a share of the annual profits to the franchisor for the use of the trade name (royalties). Franchises in Britain are overseen by the British Franchise Association (BFA) which operates a code of conduct for its members. Franchises also operate in areas other than retail. These include: . goods and services sold direct to the
Property sector analysis
Property Sector Analysis: Food Retail(supermarkets) I am conducting a report on the current state of the food retail industry with supermarkets being my main focus. Smaller family run convenience stores will also be analysed and my main supermarket focused on is Tesco, which is number one in the UK. What is a supermarket? The core purpose of the food retail industry is to provide the public with a place to purchase food. This sounds a simple task but its a type of industry that is essential in todays society and needs to be done effectively. The days of people growing or providing their own food are minimal and the public now have come to expect that everything that they require is all under one roof. Each supermarket will have a different customer base but the most succesful supermarkets appeal to a variety of social classes. Tesco has become extremely successful recently for this reason. They used to be seen at aiming their products towards a lower social class but changed their stategy and tried to appeal to the higher classes. They did this by bringing in the Tesco 'finest' range. This gives a bigger variety for customers appealing to a broader group of people. Services and products offered by most supermarkets in the UK * Alcoholic products * Baby foods and products * Bakery * Books, newspapers and magazines * Car products * CD's and DVD's * Confectionary *
Study on the Indian Service Sector
A Study on the Indian Service Sector Submitted to Prof. PES. Vidya Sagar An Assignment on Business Environment & Policy Under the Guidance of Prof. V.L.Rao Table of Contents . An Overview of the Service Sector in India 3 2. Consultancy Sector in India 6 * Executive Summary 7 * Classification of consultancy services 9 * Global overview 13 * Consultancy Sector in India 15 * Export performance of Indian consultancy industry 16 * Consulting opportunities in other countries 17 * Engineering consultancy services 19 * SWOT analysis 20 * References / Bibliography 22 3. Transportation Sector in India 23 * Executive Summary 24 * Introduction 26 * Railways 27 * Roadways 29 * Ports / Civil Aviation 32 * Metro Railways 36 * Inland Waterways 38 * Conclusion 40 * References / Bibliography 41 4. Study on Indian Education System 42 * Executive Summary 43 * History of Education System in India 45 * Expenditure on Education 45 * Structure on Indian Education System 50 * Conclusion 57 * References / Bibliography 60 5. Telecom Sector in India 61 * Executive Summary 62 * Brief History on Telecommunications 64 * Origin of Reform Policy and Initiatives in the Sector 64 * Market - Size, Key Players and Emerging Trends 69 * Growth Story and Key Growth Drivers 73 * Challenges and Opportunities 76 * References / Bibliography 80 6. Study on Indian Hotel
Comparing the Commercial Sector with the Catering Service
Comparing the Catering Service with the Commercial Sector There are plenty of similarities and differences between the catering service and the commercial sector for example in the businesses within the catering service like Sodexo do not have opening times and only open/close when the customers/clients need them to; so this is entirely dependant on the event that they are catering for. Whereas in the commercial sector they tend to have specific opening and closing times like Pipers, for example, open at 6pm and close at 9pm. In both sectors they have to have pretty much the same staff such as managers, supervisors, chefs, housekeepers and waiters/waitresses. But in the commercial sector they have more full-time staff and in the catering sector there are more part-time staff such as managers and supervisors. In the catering sector, additional services can usually be included as well such as DJs, music, dance floors and bars whereas this is less likely in the commercial sector as they don’t tend to have as many contacts out of the business. Staff also have certain hours in the commercial sector that they work which is usually 9am-5pm but in the catering sector their working times depends on the event that they are working. Both sectors offer similar products with regards to food and drink but they can also both offer different levels of service for example in the
Helping a child with Welsh. Informal - Micky mouse-prynhawn da siwt I ti ?
Helping a child with welsh Informal Micky mouse-prynhawn da siwt I ti ? Minnie mouse- prynhawn da iawn dilch a ti? Micky mouse-ti’n gwybod ble mae goffy? Minnie mouse- na sori dim yn gwybod micky dyle ni mynd I edrych am goofy? Micky mouse- iawn Minnie mouse- Edrych Micky mae goofy draw fyna. Micky mouse-oh ie ewn ni I chware gyda goofy gallwn ni adeildu teleda esgus. Minnie mouse-oh na allwn adelady gwely blodau Micky mouse-oh oes ma hyna yn suniad da dewch iw goofy iw helpu. Minnie mouse-iawn ewn ni moin yr pethau I euladugwelu blodau Micky mouse-ok gweld ti wedyn Minnie mouse-Hwyl fawr Formal Micky mouse-prynhawn da siwt I chi? Minnie mouse-prynhawn da iawn diolch a chi? Mickymouse-iawn ble mae goofy? Minnie mouse-dim yn gwybod micky dyle no myndl I edrych am goofy Micky mouse-Iawn Minnie mouse-edrych micky mae goofy draw fyna. Micky mouse-oh ye ewn ni chware da goofy gallwyn ni adaladu esgis teledu? Minnie mouse-oh na ni gallu adadu gwely blodau Micky mouse-oh oes ma hyna yn syniad da dewch iw goyn goffy iw helpu. Mini mouse-iawn ewch ni moin I ol pethay I adaladu yr gwely blodau. Micky mouse- ok gwend chi wedyn. Minnie mouse- hwyl
Private sector businesses.
Private Sector Businesses Sole Traders Sole traders are the smallest type of enterprise. This type of business is owned by one person, although he or she may employ other people to work in the business, he has complete control over the business and takes home all the profits. A sole trader is someone who decides to own and run his or her own business and most probably uses her own saving as capital to start it up. This type of business is easy to set up and there are no formal procedures to follow. Advantages: * If the firm is successful then the owners reward is the profit. * Ideally suited for offering a personal service to customers. * Bad (unpaid) debts can be avoided as the customers are usually known to the owner and most transactions are usually for cash rather than credit. * The sole trader can be flexible as to which days to work and working/opening hours. * Unlimited liability means a lot less paper work because they don't have to pay corporation tax. Disadvantages: * Long working hours. * Illness and sickness can cause problems to the business - when closed it makes no money. * Highly dependant on the skills or ability of one person. * Difficult to raise capital to start up or expand the business. * Unlimited liability can be devastating for a sole trader considering he is the only one the law takes action against (unincorporated). Partnerships A
History of the Turkish Broadcast Sector.
History of the Turkish Broadcast Sector Although Turkey's private broadcast sector has only a background of ten years, it has developed very fast, catching up with the sustained and rapid general progress of this market. Currently Turkey has the second highest number of TV channels in the world, after the United States of America. Today, there are 139 television-broadcasting companies and 1,195 radio stations in Turkey. From the late 1960s to 1990, the government enjoyed a monopoly over Turkish TV broadcasting. After the 1980s, the computer revolution changed the existing technology as the Internet became popular. In the 1990s, this change affected Turkey. The public demanded the quality products and lifestyle they saw in other countries. The "digital" revolution began. Since then, analogue systems have been left aside and perfect digital coding systems have dominated the technology. Broadcasting companies are operating in three different ways: terrestrial, satellite, or cable. Due to security reasons, the permission for digital terrestrial broadcasting has not been given yet, but digital cable and satellite broadcasting started in 2000. All broadcasters are now prepared to invest remarkable amounts into digital technology. [image002.jpg] Digital Platform Iletisim Hizmetleri A.S ("Digiturk") which was established in March 1999 and became operational
