Case Study/Research Paper of Mergers Icici and Icici Bank Free Essays

Mechanical Credit and Investment Corporation of India Limited (ICICI) was established by the World Bank, the Government of India and agents of private industry on 5 January, 1995. The goal was to empower and help mechanical turn of events and interest in India. Throughout the years, ICICI has advanced into a differentiated budgetary establishment. We will compose a custom article test on Contextual investigation/Research Paper of Mergers Icici and Icici Bank or on the other hand any comparable subject just for you Request Now ICICI’s head business exercises incorporate venture fund, foundation money, corporate account, securitization, renting, conceded credit, consultancy administrations and custodial administrations. It has set up specific auxiliaries in the regions of business banking, speculation banking, non banking account, speculator adjusting broking, funding money and state level foundation financing from where the gathering draws its quality. ICICI BANK-ICICI Bank was set up by the ICICI bunch as a business banking outfit on 5 January, 1994 and got its financial permit from the RBI on 17 May, 1994. The main part of ICICI Bank was begun in Chennai in June 1994 and by 31 March, 1999 and before the merger it had 64 branches the nation over. From the earliest starting point the branches were completely mechanized with cutting edge innovation and frameworks and organized through VSAT innovation. It offered a wide range of household and worldwide financial administrations to encourage exchange, venture, cross-fringe business and treasury and remote trade administrations. This is notwithstanding an entire scope of store administrations offered to people and corporate bodies. ICICI Bank’s ‘Infinity’ was the primary Internet banking administration in the nation. As of now the Bank has around 350000 clients. * ABOUT THE MERGER After thought of different corporate organizing choices with regards to the rising serious situation in the Indian financial Industry, and the move towards widespread banking, the administrations of ICICI and ICICI Bank chose to go for the merger of ICICI with ICICI Bank which would be advantageous for the two substances and would make the ideal lawful structure for the ICICI group’s general financial system. In October 2001, the Board of Directors of ICICI and ICICI Bank endorsed the merger of ICICI and two of its entirely possessed retail account auxiliaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. The merger was endorsed by investors of ICICI and ICICI Bank in January 2002,by the High Court of Gujarat at Ahmadabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. ICICI Limited converged with ICICI Bank Limited on 30 March 2002, with the trade proportion of 2 ICICI Shares for 1 portion of ICICI Bank Limited. With this merger, the second biggest Bank in India was conceived. RBI had given endorsement for the converse merger of ICICI Ltd. with its financial arm ICICI Bank. ICICI Bank with Rs. 1 lakh crore resource base bank is second just to State Bank of India, which is well over Rs. 3 lakh crore in size. RBI additionally freed the merger from two ICICI auxiliaries. FOR ICICI THE MERGER MEANT-1. Speeding up in financing long haul ventures 2. Acquiring access to less expensive assets for loaning 3. Expanding its intrigue to speculators for raising capital base expected to discount terrible credits 4. Contending all the more adequately in the retail money advertise commanded by banks FOR ICICI BANK THE MERGER MEANT-1. Growing geologically 2. Using huge capital base of ICICI 3. Picking up brand value from the solid brand of ICICI 4. Getting profits by ICICI’s entrenched corporate relationship * CONDITIONS LAID DOWN BY THE RBI BEFORE GIVING THE APPROVAL FOR THE MERGER (I) Compliance with Reserve Requirements The ICICI Bank Ltd. ould agree to the Cash Reserve Requirements (under Section 42 of the Reserve Bank of India Act, 1934) and Statutory Liquidity Reserve Requirements (under Section 24 of the Banking Regulation Act, 1949) as appropriate to banks on the net interest and time liabilities of the bank, comprehensive of the liabilities relating to ICICI Ltd. from the date of merger (ii) Appointment of Directors The ban k ought to guarantee consistence with Section 20 of the Banking Regulation Act, 1949, concerning giving of advances to the organizations in which chiefs of such organizations are likewise executives. iii) Conditions identifying with Swap Ratio As the proposed merger is between a financial organization and a money related foundation, all issues associated with shareholding including the trade proportion, will be administered by the arrangements of Companies Act, 1956, as gave (iv) Subsidiaries While assuming control over the auxiliaries of ICICI Ltd. after merger, the bank ought to guarantee that the exercises of the auxiliaries agree to the necessities of reasonable exercises to be embraced by a bank under Section 6 of the Banking Regulation Act, 1949 and Section 19 (1) of the Act on the same page. v) Preference Share Capital Section 12 of the Banking Regulation Act, 1949 necessitates that capital of a financial organization will comprise of common offers just (with the exception of inclination share gave before 1944). * BENEFITS OF MERGER Through the merger, ICICI Bank became India’s first general bank that is, one-stop shop monetary administrations in India and procured enormous piece of the pie of retail banking and offered a total scope of banking items. 1. Ideal usage of human capital 2. Improved capacity to encourage assorted variety resource portfolio and business incomes 3. Decreased expenses of assets 4. Accessibility of more buoy cash because of dynamic interest in the installment framework 5. Enhanced raising money because of access to retail subsidizes 6. Utilized the ICICI’s capital and customer base as far as increment in expense pay 7. Improved productivity by utilizing innovation and minimal effort structure 8. Access to ICICI group’s ability pool and in this manner advancement of human asset at lower costs. * PROBLEMS FACED . The danger of inability to acquire government and different endorsements of the merger according to arranged. 2. The danger of disappointment of the High Courts of Mumbai and Gujarat to endorse the plan of Amalgamation. 3. The danger of business which may not be incorporated as smooth as arranged. 4. Merger of ICICI Ltd and ICICI bank making it progressively hard to keep up associations with customers, representatives a nd providers. 5. The danger of new and changing guideline and negative political help or different improvements in Indian and worldwide markets. End The trade proportion depended on the valuations and proposals of venture financiers. The merger proportion was set as two ICICI shares for each ICICI Bank share that is one value portion of ICICI Bank was traded for two value portions of ICICI. The merger brought operational methodologies both as far as economies of scale and degree. Economies of scale accomplished through increment in business volumes at lower working expenses and organization of most recent innovation. Economies of degree were accomplished through extended item run. Monetary PERFORMANCE OF ICICI AND ICICI BANK AFTER MERGER ICICI Ltd Profit to value holders expanded by 16% 21% expansion in Indian GAAP solidified benefits ICICI BANK There was consistently an expansion found in the benefits after the merger The merger occurred in 2002 and its 2013 now the merger has effectively finished 11 years which shows that the merger made a solid element, which will rethink banking in the exceptionally serious period of globalization and progression. List of sources * www. google. com * www. economictimes. com The most effective method to refer to Case Study/Research Paper of Mergers Icici and Icici Bank, Free Case study tests

Recrutiment Process at Infosys Essay

Infosys Technologies has the most organized enrollment process among all IT organizations in India. Above all else, they don't have any differentiation between any parts of Engg. Whatever be the branch, you can sit up for the choice procedure in the event that you qualify their other qualification measures like stamps and time hole. I. e Once you had showed up for any test at Infosys, you should sit tight for 9 months until you show up for any of their enrollment procedure. For Off-grounds, send in your resumes to the mail-Id referenced and you make certain to get a call letter in the event that you meet their scholastic measures. Thus once you send the resume, begin getting ready for the test, since you make certain to get a call. You may get call through email greeting and further the concede card will be send to your postal location through messenger/post. Most recent choice procedure. ( As on March 2006) The span of the choice procedure is 2. hrs which remembers filling for an application structure, an Aptitude Test (Analytical Thinking and Arithmetic Reasoning) and a trial of Communicative English Language. The term of the tests alone will be an hour and a half. The Aptitude Test will be for the most part of Puzzles type and the no. of inquiries will fluctuate between 9 - 15. The most ideal approach to rehearse for the tests is to experience the past inquiry papers at Freshersworld. com or allude books like Sakuntala Devi or George Summers. Experience the Maximum No. of past inquiry papers and get ready well for the riddles.

What Is Reinforcement in Operant Conditioning

What Is Reinforcement in Operant Conditioning Theories Behavioral Psychology Print Positive and Negative Reinforcement in Operant Conditioning How Reinforcement Is Used in Psychology By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Medically reviewed by Medically reviewed by Steven Gans, MD on June 21, 2017 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on July 15, 2019 Thomas Barwick / Taxi / Getty Images More in Theories Behavioral Psychology Cognitive Psychology Developmental Psychology Personality Psychology Social Psychology Biological Psychology Psychosocial Psychology In This Article Table of Contents Expand Reinforcement in Psychology Primary and Secondary Types Examples Influences Continuous Reinforcement Partial Reinforcement View All Back To Top One of the many different ways in which people can learn is through a process known as operant conditioning (also known as instrumental conditioning).?? This involves learning through reinforcement or punishment. The type of reinforcement used can play an important role in how quickly a behavior is learned and the overall strength of the resulting response. Understanding Reinforcement in Psychology Reinforcement is a term used in  operant conditioning  to refer to anything that increases the likelihood that a response will occur. Psychologist B.F. Skinner is considered the father of this theory. Note that reinforcement is defined by the effect that it has on behaviorâ€"it increases or strengthens the response.?? For example, reinforcement might involve presenting praise (the reinforcer) immediately after a child puts away her toys (the response). By reinforcing the desired behavior with praise, the child will be more likely to perform the same actions again in the future. Reinforcement can include anything that strengthens or increases a behavior, including specific tangible rewards, events, and situations. In a classroom setting, for example, types of reinforcement might include praise, getting out of unwanted work, token rewards, candy, extra playtime, and fun activities. B.F. Skinner: The Life of Psychologys Radical Behaviorist Primary and Secondary Reinforcement There are two major categories of reinforcement: Primary reinforcement: Primary reinforcement is sometimes referred to as unconditional reinforcement. It occurs naturally and doesnt require learning in order to work. Primary reinforcers often have an evolutionary basis in that they aid in the survival of the species. Examples of primary reinforcers include food, air, sleep, water, and sex. Genetics and experience may also play a role in how reinforcing such things works. For example, while one person might find a certain type of food very rewarding, another person may not like that food at all.Secondary reinforcement:  Secondary reinforcement, also known as conditioned reinforcement, involves stimuli that have become rewarding by being paired with another reinforcing stimulus. For example, when training a dog, praise and treats might be used as primary reinforcers. The sound of a clicker can be associated with the praise and treats until the sound of the clicker itself begins to work as a secondary reinforcer. Types of Reinforcement In operant conditioning, there are two different types of reinforcement. Both of these forms of reinforcement influence behavior, but they do so in different ways. The two types include: Positive reinforcement  involves adding something to increase response, such as giving a bit of candy to a child after she cleans up her room.Negative reinforcement  involves removing something in order to increase response, such as canceling a quiz if students turn in all of their homework for the week. By removing the aversive stimulus (the quiz), the teacher hopes to increase the desired behavior (completing all homework). While these terms involve the words positive and negative, its important to note that Skinner did not utilize these to mean good or bad. Instead, think of what these terms would mean when used mathematically. Positive is the equivalent of a plus sign, meaning something is added to or applied to the situation. Negative is the equivalent of a minus sign, meaning something is removed or subtracted from the situation. Examples of Reinforcement in the Real World Here are a few real-world examples of how reinforcement can be utilized to change a behavior: Examples of Positive Reinforcement During practice for your office softball team, the coach yells out, Great job! after you throw a pitch. Because of this, youre more likely to pitch the ball the same way again. This is an example of positive reinforcement.At work, you exceed your managers sales quota for the month and so you receive a bonus as part of your paycheck. This makes it more likely that you will try to exceed the minimum sales quota again next month. This is another example of positive reinforcement. Examples of Negative Reinforcement You go to your doctor to get your yearly flu shot in order to avoid coming down with the flu. In this case, you are engaging in a behavior (getting a shot) to avoid an aversive stimulus (getting sick). This is an example of negative reinforcement.You slather some aloe vera gel on a sunburn to prevent the burn from hurting. Applying the gel on the burn prevents an aversive outcome (pain), so this is an example of negative reinforcement. Because engaging in the behavior minimizes an aversive outcome, you will be more likely to use aloe vera gel again in the future. This is another example of negative reinforcement.You take acetaminophen to  get rid of a terrible headache. After about 15 or 20 minutes, the pain in your head finally recedes. Because taking the pills allowed you to eliminate an aversive situation, it makes it more likely that you will take the pain pills again in the future to deal with physical pain. This is another example of negative reinforcement. Factors That Influence the Strength of the Response How and when reinforcement is delivered can affect the overall strength of a response. This strength is measured by the persistence, frequency, duration, and accuracy of the response after reinforcement is halted. Continuous Reinforcement In situations when present reinforcement is controlled, such as during training, the timing of when a reinforcer is presented can be manipulated. During the early stages of learning, continuous reinforcement is often used, such as when you first teach your dog a new trick. This  schedule involves reinforcing a response  each and every time it occurs. Partial Reinforcement Once a behavior has been acquired, its often a good idea to switch to a partial reinforcement schedule. The four main types of partial reinforcement are: Fixed-ratio schedules: Reinforcing a behavior after a specific number of responses have occurred.Fixed-interval schedules: Reinforcing a behavior after a specific period of time has elapsed.Variable-ratio schedules: Reinforcing the behavior after an unpredictable number of responses.Variable-interval schedules: Reinforcing the behavior after an unpredictable period of time has elapsed. A Word From Verywell Reinforcement plays a vital role in the operant conditioning process. When used appropriately, reinforcement can be an effective learning tool to encourage desirable behaviors and discourage undesirable ones. Its important to remember that what constitutes reinforcement can vary from one person to another. In a classroom setting, for example, one child may find a treat reinforcing while another might be indifferent to such a reward. In some instances, what is reinforcing might actually come as a surprise. If a child only receives attention from his parents when he is being scolded, that attention can actually reinforce misbehavior. By learning more about how reinforcement works, you can gain a better understanding of how different types of reinforcement contribute to learning and behavior.

Jane Eyre Ambiguities of Equality, Servitude and...

Terry Eagleton states the Jane s relationship with Rochester is marked by ambiguities of equality, servitude, and independence. By examining pertinent incidents in the text, the validity of this statement will be shown, and moreover, these ambiguities will be shown to be of Jane s own doing. It will be shown that she is the one who constantly thinks herself to be inferior, and even when she is said to be Rochester s equal, she thinks of some way in which she is inadequate, in order to sabotage her own happiness. While there are ambiguities of servitude and independence, it is the issue of equality that is most important in the novel, because both Jane s fears of servitude, and a loss of independence, are linked to the fact that†¦show more content†¦She can only see Rochester as someone who is socially, and financially superior, and as because she lived in the Victorian period, she feels inferior because she is a woman. As far as Christian morals are concerned, Jane is supe rior to Rochester because she refuses to marry him, and pursue her on happiness, because he is still married to Bertha Mason. She says the [t]he more solitary, the more friendless, the more unsustained [she is], the more [she] will respect [herself] (p.447). This attempt to keep the laws given by God (p.447) may seem noble but the language that she uses alludes to the fact that she is trying to sabotage her happiness. While Jane is of a lower social standing than Rochester, she will not allow Rochester to raise her up to his social class. When he refers to her as Jane Rochester (p.363) she feels smote and stunned: it was, [she thinks], almost fear (p.363). When Rochester says the he will adorn Jane with jewels, to make her look like nobility, she refuses and once again reverts to a position of subservience and inferiority, telling Rochester that [she is his] plain, Quakerish governess (p.364). She feels this was even though Rochester later tells her that [she] mutinied against fate, and claimed [her] rank as [his] equal (p.369) Jane feels financially inferior to Rochester, even though in marryingShow MoreRelatedJane Eyre Class Analysis1624 Words   |  7 Pages Jane Eyre by Charlotte Bronte shows the hierarchical class system prevalent in England in the 19th century. Through the character of Jane, Bronte explores the system and reveals many issues with society in the 19th century. For instance, the novel raises the issue of whether a governess should be considered upper class due to her superior education or lower class due to her servant-like status in the family. Jane’s journey through the established class structure results in her making judgmentsRead MoreA Dialogue of Self and Soul11424 Words   |  46 Pages for and about mothers. The Madwoman in the Attic was a landmark in feminist criticism. It focuses almost exclusively on the issue of gender in relation to women, though it refers brieï ¬â€šy to the ambiguous class position of governesses such as Jane Eyre. The authors analyse the intertwined processes of female rebellion and repression in the narrative and highlight in particular the reading of Bertha Mason, the mad wife, as the symbol of Jane’s repressed passion. This was later to become an accepted

Transformation in Song of Solomon by Toni Morrison Essay

In Song of Solomon by Toni Morrison, the relationships between whites and blacks are a main theme. Throughout the whole novel Morrison adds her own opinions toward the race problems that the characters of Not Doctor Street experience. Poverty is another big issue in the novel and many of the main characters struggle financially. Money becomes a means of escape for many of the characters, especially Milkman and Guitar. For both men their quests for gold leaves them empty handed, but their personalities changed. Milkman’s quest was to be independent, especially since he was still living with his parents. Milkman however, was not poor. His family was considered one of the most financially comfortable black families in town. He was†¦show more content†¦The fact the Milkman is constantly wishing to get out on his own, and find easy money proves how ignorant he is to what is actually occurring all around him. With his given money Milkman does not realize the struggle many o f his fellow African Americans are going through each day. He doesn’t see the struggle, or he just doesn’t seem to worry himself with anyone other than himself. He wants to live on his own, away from his family, but he doesn’t wish to work hard to gain independence, he would rather sit and sulk in self-pity than to stand and make it on his own. As a member of a wealthy African American family, Milkman has it easier than most to succeed, he just doesn’t put forth the effort. Milkman sees no hope in independence, or a future on his own, that is until Macon Jr. tells Milkman of the gold Pilate is hiding in her shack. The hidden gold will give him the independence and feeling of importance he both needs and desires. For Guitar the gold would make him able to buy the explosives needed to blow up the church and kill four innocent white girls for the Seven Days group. When the gold in the green tarp proves to be a bunch of rocks and a human skeleton, the police return the tarp to Pilate, who tells Macon Jr. that she never took the gold, but instead came back to the cave three years after she and Macon Jr. parted to collect the bones of the dead white man.Show MoreRelatedEssay On Song Of Solomon1213 Words   |  5 Pages Topic 1 SONG OF SOLOMON PERIOD 1 |Ap Literature Nancy Guevara â€Æ' Growing up is a journey, to be specific it s a journey in a maze. We go around in different directions in hopes to find out who we indeed are. Left to right in every direction we run into things that change our mindset and by the end of the maze, we are entirely different people. Most mazes have doors; open one door new beginning, shut another end of that chapter. Specific events in life alter our young minds, and we tend to growRead More Essay on Names in Song of Solomon1485 Words   |  6 PagesThe Importance of Names in Song of Solomon      Ã‚   Abstract:   In Toni Morrisons Song of Solomon, names have great implication.   Language is extremely personal and deeply rooted in culture.   Names are an integral part of language, and they help to establish identity, define personality, and show ownership through formal and informal usage.    Tis but thy name that is my enemy; / Thou art thyself, though not a Montague. / Whats Montague? it is nor hand, nor foot, / Nor arm, nor faceRead MoreEssay on Song of Solomon: A Bildungsroman of Milkman 1092 Words   |  5 PagesIt can be said that Song of Solomon is bildungsroman which is defined by The Encyclopedia Britannica as â€Å"a class of novel that deals with the [coming-of-age or] formative years of an individual†. Furthermore, in a bildungsroman, a main protagonist usually undergoes some transformation after seeking truth or philosophical enlightenment. In Morrison’s novel, the plot follows the main protagonist Milkman as he matures within his community while developing relationships with others and discovering hisRead MoreSong Of Solomon Coming Of Age Analysis1488 Words   |  6 Pages Song of Solomon by Toni Morrison Prompt #1 â€Å"Comprehensively analyze, both personally and socially, how Milkman came of age. Lisbeth Sosa Mr. Amoroso Pd.3 AP Literature Prompt # 1 Comprehensively analyze, both personally and socially, how Milkman came of age. When presented with adversity in a period of time stoical emotions can manifest and present itself with a sense of impetuous reaction leading to awakening. 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In the bildungsroman, or coming of age, novel Song of Solomon by Toni Morrison, Milkman evolves from an ignorant and selfish being to a responsible and caring man. While trying to become an independentRead MoreHow to Read Lit Like a Prof Notes3608 Words   |  15 Pages(Odysseus’s wife)—the determination to remain faithful and to have faith iv. Hector: The need to protect one’s family d. The Underworld—an ultimate challenge, facing the darkest parts of human nature or dealing with death e. Metamorphoses by Ovid—transformation (Kafka) f. Oedipus: family triangles, being blinded, dysfunctional family g. Cassandra: refusing to hear the truth h. A wronged woman gone violent in her grief and madness—Aeneas and Dido or Jason and Medea i. Mother love—Demeter and PersephoneRead MoreBlack Naturalism and Toni Morrison: the Journey Away from Self-Love in the Bluest Eye8144 Words   |  33 Pageswell: the idea that one s social and physical environments can drastically affect one s nature and potential for surviving and succeeding in this world. In this article, I will explore Toni Morrison s The Bluest Eye from a naturalistic perspective; however, while doing so I will propose that because Morrison s novels are distinctly black and examine distinctly black issues, we must expand or deconstruct the traditional theory of naturalism to deal adequately with the African American experience:Read MoreThe Theory, History, and Development of Magical Realism Essay examples3188 Words   |  13 Pagesdevoted to magical realism appears in 1955 when Angel Flores christens the term â€Å"magical realism† to describe a wide range of Latin American authors who share certain aesthetic similarities. Flores writes that in â€Å"magical realism we find the transformation of the common and the everyday into the awesome and the unreal†(114). He continues, â€Å"It is predominantly an art of surprises. Time exists in a kind of timeless fluidity and the unreal happens as part of reality. Once the reader accepts the fait

Fin 370 Ethics and Compliance Paper Free Essays

Ethics and Compliance FIN/370 Dec/14/2011 Ethics and Compliance â€Å"The mission of the Walt Disney Company is to be one of the world’s leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world† (According to  Ã¢â‚¬Å"Walt Disney Company Mission Statement†Ã‚  (2011) Walt Disney began as a cartoon studio in the 1920s more than eight decades later is become a global corporation, and premier provider of quality family entertainment across America and around the world. What is the secret of the Walt Disney success? What are the rules and standard that make Walt Disney one of the biggest corporations in the world? Team C is going to discuss in this presentation the role of ethics compliance, the procedures and ethical behavior, the processes that the company uses to comply with the SEC regulations, and assess the financial performance of Walt Disney Company. We will write a custom essay sample on Fin 370 Ethics and Compliance Paper or any similar topic only for you Order Now Disney’s Ethics Since the beginning of the Walt Disney Company, ethics and compliance were very important for the entire organization and the Walt Disney Company of today the business standards and ethics are well written, and outlined in great detail. One of the reasons that the ethics and compliance standards were implemented is to ensure that the financial health of the company is not compromised by the misused of proprietary information to gain wealth illegally by the employees and the Board of Directors. All employees, managers and Directors are responsible for the financial health of the company and the best interest of the stockholders. Walt Disney Company used internal audits to ensure that all documentation and reports are accurate and also that all financial statements are in compliance with the general accounting practices. Each individual shall report and record all information, and complete Company document, accurately and honestly. These include, for example, time cards, reimbursable business expense requests, invoices, payroll records, safety records, business records and performance evaluations. † According to  Ã¢â‚¬Å"The Walt Disney Company†Ã‚  (2011) Walt Disney Company has taken steps to ensure the ethical behavior in the organization, honesty is emphasized in the 2011 employee handbook, employee and upper management is accountable for all documentation are accurate. Evaluation of Disclosure control and procedures is a division of Walt Disney Company created to ensure that all employees, management, and Directors are following the ethical behavior established by the company and all financial reports files within the time mandated the General Accounting Practices. SEC Regulations The U. S. Securities and Exchange Commission (SEC) is in place to ensure that people who invest in publicly traded companies are protected, and that an efficient market is maintained in a fair and orderly fashion. The SEC has put in place several laws and rules to ensure that all investors have access to certain financial information before they buy stock in a company. This information is to remain public and readily available as long as the company is publicly traded. This means that the companies that are publicly traded must disclose this financial and other related information to anyone who requests it. Most companies have it posted online on their company website. These rules and laws ensure that investors are making informed decisions both before they buy stock and the entire time they are owners of company stock. Every year, the SEC finds companies who are in violation of the rules they have in place. Some companies will neglect their duty to post their annual financial data, or they may manipulate the data that they post. These violations can be viewed as insider trading, account fraud, or purposefully misleading company shareholders. Those companies who are found guilty of these types of offenses face serious fines against the company, and may include jail time for the people who manipulated the data. Disney is a publicly traded company, and as such, is expected to follow the rules and regulations set forth by the SEC. To comply with the regulations, Disney has made available all of the required annual financial statements on their company website. This website is separate from their storefront and theme park websites, and is dedicated to providing information about the Disney Corporation. This information includes the history of the company, investor relations, news releases, career information and job listings, and all of the required financial documents for investors. This way, any existing or potential investors can readily find information about the Disney Company that can be useful when trying to make sound decisions regarding buying or selling shares of Disney stock. Disney’s Financial Performance | | | The Walt Disney Company has several different operations: media networks, parks and resorts, studio entertainment, customer products and interactive media (Disney,  2010). Based upon Disney’s 2009 and 2010 financial statements, we have calculated these key ratios: Key ratios:| 2010| 2009| Current ratio| 1. 11| 13. 31| Debt ratio| 0. 90| 0. 08| Average collection period| 55. 46| 49. 01| Return on equity| 0. 11| 0. 10| Disney’s revenues increased on 2010 compared to 2009. The overall liquidity of the company was better on 2009. On 2010 Disney acquired a bigger debt because of the current financial crisis. They took a bigger risk by doing this, but the risk turned into a positive outcome. Their collection period extended more in 2010, but this allow them to generate more businesses as suppose they would have kept a more extract payment regiment. Disney managed its resources efficiently, making a bigger profit on 2010 than they did on the previous year. Between all of their operations, some more popular than others, they could produce a higher profit margin on 2010. They also focused on the new trends such as technology, and product globalization, to stay competitive and profitable. Disney has adapted to the economy changes and taken risks in order to keep up with the competition and to maintain the business growth. 2009 was more stable and secure in every aspect, but the risk taken was necessary to increase the company’s profit. Conclusion The Disney Corporation is a company that has been publically traded for many years, and has grown to be one of the largest companies that is publically raded. The company strives to follow the regulations set forth by the SEC so that stockholders in the company can easily make sound decisions regarding their shares of stock. For 56 consecutive years, Disney has been able to pay dividends to their shareholders, even through the most recent financial recession. Most recently, the annually pa id dividend increased by 50% for the 2011 fiscal year. (Disney, 2011) Over the last couple of years, the company has shown steady growth, and could be considered a wise investment for someone interested in buying shares of stock. References The Walt Disney Company,  (2010). Retrieved from http://corporate. disney. go. com/investors/annual_reports. html The Walt Disney Company,  (2011). Retrieved from http://corporate. disney. go. com/corporate/complete_history. html The Walt Disney Company,  (2011). Retrieved from http://corporate. disney. go. com/news/corporate/2011/2011_1201_board_increases_annual_dividend. html Walt Disney Company Mission Statement,  (2011),  Retrieved from http://retailindustry. about. com/od/retailbestpractices/ig/Company-Mission-Statements/Walt-Disney-Mission-Statement. htm How to cite Fin 370 Ethics and Compliance Paper, Papers

Social Networking and Marketing

Technical Communication Social networks sites have attracted interest of most goods and services marketers, for the reason that there are quite a couple of benefits for a firm that invests in the systems. Social-Interactive and online marketing is quickly gaining focus and is thus gaining good publicity among most contemporary marketing strategies.Advertising We will write a custom essay sample on Social Networking and Marketing specifically for you for only $16.05 $11/page Learn More The amount of sales in this form of marketing is often the unit for measuring performance. The huge number of socials sites users makes the strategy a preference, therefore, the increase on amount of transactions generated through social networks marketing. This is attributable to the capability and effectiveness of the social sites (Plummer et al, p.33). Challenges of Social Network Marketing Information security is the biggest challenge this firms faces because as technol ogy advances, the ability to cope effectively with today’s security threats in social sites such as web hacking to steal consumer identity, and other internet disruptions also incarcerates the freedom of usage. Virtual networks or social networks marketing face insecurity-related complexities and slowness in progression because clients are keener to clarify viability before venturing into any form of transaction. Risks involved in virtual transactions or commitments causes a huge threat especially to vibrant sites such as Face-book, MySpace, twitter, linked-In or emails servers, since they necessitate submission of personal information. Before investing in social networks marketing, it is important for any firm to consider incorporation of proper information security strategies. In order to have effective business alliances there is need for security of Information. There are possible instances of insecurity, for instance recent Google and Yahoo security attacks in China. Thi s requires major investments on security measures in protection of such risks including loss of patent laws, compromised integrity or loss of data and change of personal information by malicious people or fraudsters. The future of marketing through social network sites requires great support from government regulations and business policies or requirements. There is urgent need to quantify the sites’ information security as a competitive advantage. Regulations also make the customers to feel comfortable transacting in such firms and provide a legal platform in case of violations.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Costs and Benefits of Social Networks to Marketers According to (Wimmer and Dominick, p.33), social networks are generating a lot of enthusiasm among majority of internet users, especially the youth and interaction procedures are equally advancing at a very hig h rate. Today, marketing firms engage in this interactive form of advertisement to meet customers’ needs, market new products as well as ensure constant business growth. Leisure is a strong advantage to the advertisers since they are able to find and capture attention of most people easily; particularly those who are better off financially and have the will to spend. Social networks marketing also offer remarkable easiness of client participation through interactive marketing. Most firms prefer such form of networked marketing, since there are high rates for diversification. Marketers are able to adjust quickly to the market conditions and are in a position of easily building relationship with clients through easy procedures at lowest cost possible. Some of the benefits to the customer include convenience, ability to gain extensive information and direct or online engagement with suppliers means few or no strain associable to need for persuasion during trade. Social network s ites are able to provide data that relate to a company’s decision to venture into a certain market. The sites also provide chances for diversification of the market niche and profitable opportunities for marketing both internationally and locally. By viewing the interactions, profiles and comments, the marketers are able to note significant aspects of the market such as local and international purchasing powers thus engage strategies that would elevate sales (Cooper et al, p.104). Today, the advertisement or marketing trends have changed from the physical seller to buyer interaction to the automated social advertising trends (Cooper et al, p.104). Vibrant advertising is crucial in the efforts to get in touch with customers. This is the reason why face-to-face advertisement has been very effective as a concrete reference measure since as time in history. Social sites such as facebook or twitter have become the current modernized word of mouth.Advertising We will write a c ustom essay sample on Social Networking and Marketing specifically for you for only $16.05 $11/page Learn More Most social sites users share the purchasing experience with close friends or family members. The friendly advice on either the good and bad aspects of a product is a measure of protecting each other from unfavourable products or exploitations, but eventually adds up as a marketing tool. The procedure of informing each other within the social forums helps the business to grow. It is equally a fast way of marketing new and reliable products, since people recommend them during normal interactions in the social sites. The benefits of social-sites marketing strategies are wide, but having a few advertisement aspects or pages on social sites is an excellent strategy for enhancing sales. The firms also need to invest heavily on security since the possibility of gaining unsavoury reputation is easy due to promotions that lack proper branding. The main driv e behind use of social sites advertising ought to be achievement of business growth (Cooper et al, p.107). Beside the fun involved, one of the many benefits for marketing through in social sites for the company would be to garner popularity. The strategy has to attract attention in relation to products or services. Social sites enable the marketer to customize information and capture the attention of specific category of audience. The marketer is also able to divert from the common advertisement strategies and build relationship with potential clients or give extra information to market the company as a whole. When the readers know more about the company, they gunner confidence, trust and embrace the opportunity to know more. Making the company’s sites interactive attracts the attention of potential clients every time they are online, because they confidently enjoy any new posting of new models. A company that advertises on social sites also benefits from the ability to form a forum of friends, and use social network pages to add new friends to the social forum. Attractive marketing article and new information provides an attractive feature for most people, this means that the company is able to capture more and maintain potential clients as social friends easily. The ability to use the social sites in providing clients with links to more information about the company is equally an advantage of using the social pages. Persuasive and encouraging marketing strategies are additional and easy strategies to utilize in social sites or pages. Companies are able to avail the latest information about the business and bolster the list of amazing friends, who will equally act as marketing entities for this style of social marketing strategy (O’Guinn et al, p.18). Potential Clients and Products for Social Network Marketing The internet mainly captures attention of the young and middle-aged potential clients, who are dynamic and thus open-minded to capture an y new ideas available from the virtual world.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More There is a significant increase on the number of people using the internet. According to Wimmer and Dominick (p.33), most people have access to the internet today either at schools, social centres, cyber cafes or at the comfort of their homes or offices and are hence potential clients. Most of the common or more appropriate products for online trade include books, computers, software, computer accessories, gifts, food products and cars. Merchandises like cars and the spares are often not available for consumers within the local markets. The online purchasing provides ease of purchase, convenience, facility to compare product lines, ability to compare prices and easy way of paying (Wimmer and Dominick, p.34). It is therefore easy to capture attention of potential client through the social sites as opposed to other forms of advertising. This is a clear indication that companies are able to realize better returns due to low marketing costs and more sales. Social Network Populace A firm is able to enhance growth of the number of potential clients enormously by having advertisement pages on social network sites. Currently, social network sites are the favourite social networking forums, thus the best preference for marketers. The procedure of using social network sites pages to market products and services has to take the natural style meant for social sites, which is to reveal the business through building relationships. Today, social network sites have over 200 million global users, thus the reason why this is an appealing market niche (O’Guinn et al, p.18). Already thousands of marketers in different fields use social network sites pages for their marketing reasons, but majority of them are amateurish Junk-mails distributors. Such kind of informal advertising and over commercialization is prone to affect usage in future, for instance if one keeps on finding interrupting adverts. The meaning of social sites face compromise and therefore people with a main aim of connecting to friends, associates and families will pull back from usage. Conclusion As good marketer, aims at using the latest and widely embraced technology, to capture attention of the audience into their profiles. This step assists potential clients to learn and relate to the firm. People interested in social sites have interest in finding background information of the company beside the products. There is equally a need to search for categories or marketing groups or environments that portray general interests. Social sites also provide groupings of people with similar fields of interest where it is easy to share knowledge and new content regarding latest or particular products or services, for instance women are generally interested in beauty products and share various similarities. This means that it is easy for a marketing firm to capture large attention easily. It is also possible to share content among friends who maybe potential clients. These strategies assist in reaching almost the entire network of millions of subscribers within the shortest time possible. Unless marketers are able to maintain socialization and creation of social groups as the main purpose of social sites, majority of their advertising strategies will compromise the sites and prevent people from frequent access, since they will aim at avoiding the interruptions. Works Cited Cooper, Scott. Grutzner, Fritz and Cooper Birk. Tips and Traps for Marketing Your  Business. New York, NY: McGraw-Hill Inc. 2008. Plummer, Joe. Rappaport, Steve. Hall, Teddy. The online advertising playbook:  proven strategies and tested tactics from the advertising research foundation. New Jersey, NJ: John Wiley and Sons Inc. 2007. O’Guinn, Thomas. Allen, Chris. Semenik, Richard. Advertising and Integrated  Brand Promotion. Ohio, OH: Southwestern Cengage Learning publishers. 2008. Wimmer, Roger. Dominick, Joseph. Mass media research: an introduction.  Kentucky, KY: Cengage Learning, 2 005. This essay on Social Networking and Marketing was written and submitted by user Steve C. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.