Kevin Michael free essay sample

New Wave Soul Artist Kevin Michael You cant pin this guy down with one lable. Kevin Michael mixes funk, soul, hip-hop, r, and everything else to make his own sound. Not only is he an amazing singer, hes got a background and he uses that in his music. He sings about- among many things- multi-racial couples. This is pulled from his real life, his mother being bi-racial and his father being black. He is definitely pulling away from mainstream thought about music. Kevin Michael mixes all different sounds and sings about more than just cash and cars and girls, all of which we hear too much about on the radio today. When he is in concert, he has a DJ and a guitar player/beat boxer who does his background beats. He doesnt stand at the microphone and sing the songs hes sung a million and two times before, he dances around the stage and lives the music like he digs it as much as he did the first time it was put together. We will write a custom essay sample on Kevin Michael or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page That being said, he is still an artist on the rise. He is original and has so much vocal talent, but he isnt recognized by a large portion of regular people yet. I was truly crestfallen seeing him in concert with The Hives and Maroon 5, not getting received well by the audience. He is getting there, though, and I am sure it is only a matter of time until Kev Michael will be all youll hear on the radio. :VV:

Another Turn of the Crank essays

Another Turn of the Crank essays 0Wendell Berrys Another Turn of the Crank is about sustainability of the environment. He believes that you must first start at a local level then sustainability can be accomplished at a global level. This is the same idea that was expressed at the start of this course, think globally, act locally, which means the consequences of our actions effect the world. As I address the some of the chapters in the book I will associate how Berrys ideas link into the material discussed in this class. Farming and the Global Economy is the first chapter of the book. He starts with the history of farmers during WWII. The farmers were quickly becoming a minority because the nation was not supportive of its farmers. They wanted to mass produce and buy cheap industrial goods. Farmers cant buy cheap machines, fertilizers, chemicals, and produce crops cheaply without losing any money. Wendell recommends two efforts to help the survival of the farmer. The first is up to the farmers, which they need to minimize their dependence on industrial supplies. Farmers need to replace purchased goods and services with natural health and diversity and with their own intelligence (5, Wendell). The second concern is for cooperation between the farmers and the local community. The community needs to see that a sustainable local food economy is appealing. The human population cannot live on imported food. Someone has to grow it, why not let the people in our own community do it. The topic of the farmers has to do with decentralization. We talked about this in class time and time again. We need to let the local communities take control. We need more self reliance in our own communities, and not in the big corporations. This is one of the main steps to attaining a sustainable environment. The next chapter, Conserving Communities, opens with surprising numbers. Times magazine reporte ...

Constance Weavers 12 Principles for Teaching Grammar

Constance Weaver's 12 Principles for Teaching Grammar For many years, when middle and high school English teachers would ask me to recommend a good book for teaching grammar, Id direct them to Constance Weavers Teaching Grammar in Context (Heinemann, 1996). Based on sound research and extensive road testing, Weavers book views grammar as a positive activity for making meaning, not just an exercise in tracking down ​errors or labeling parts of speech. But Ive stopped recommending Teaching Grammar in Context, though its still in print. Now I encourage teachers to pick up a copy of Weavers more recent book, Grammar to Enrich and Enhance Writing (Heinemann, 2008). Assisted by her colleague Jonathan Bush, Dr. Weaver does more than simply rework the concepts introduced in her earlier study. She delivers on her promise to offer a text thats more comprehensive, more reader-friendly, and more concretely focused on teachers practical needs. The fastest way to help you decide whether youd get along with Dr. Weaver, theoretically speaking, is to reprint her 12 principles for teaching grammar to enrich and enhance writingprinciples that underlie all the varied activities in her book. Teaching grammar divorced from writing doesnt strengthen writing and therefore wastes time.Few grammatical terms are actually needed to discuss writing.Sophisticated grammar is fostered in literacy-rich and language-rich environments.Grammar instruction for writing should build upon students developmental readiness.Grammar options are best expanded through reading and in conjunction with writing.Grammar conventions taught in isolation seldom transfer to writing.Marking corrections on students papers does little good.Grammar conventions are applied most readily when taught in conjunction with editing.Instruction in conventional editing is important for all students but must honor their home language or dialect.Progress may involve new kinds of errors as students try to apply new writing skills.Grammar instruction should be included during various phases of writing.More research is needed on effective ways of teaching grammar to strengthen writing. To learn more about Constance Weavers Grammar to Enrich and Enhance Writing (and to read a sample chapter), visit the Heinemann website.

Human Behavior in Organizations Assignment Example | Topics and Well Written Essays - 2000 words

Human Behavior in Organizations - Assignment Example at leadership based theories became well-known around 1950s and during the same period leadership interaction, implication and classification was done. It was also determined that so far significant research has been pursued for establishing relationship between leadership and performance (Allio, 2012). The paper is a critical assessment of leadership as a concept and its classifications. Moving on, the role of various kind of leadership has been elaborately discussed in the paper with respect to organizational behavior. Similarities and dissimilarities between various leadership styles have also been discussed followed by an overview of charismatic leadership, its features and implications in organizational framework. Leadership, especially charismatic leadership was considered appropriate for this paper because the study will help in developing a clear understanding of roles and characteristics of leaders played within an organizational framework. It has already been highlighted that the concept of leadership is highly subjective and as a result, several definitions has been developed thereof. Leadership has been defined as the technique of influencing other individuals for developing agreement and understanding regarding things that are to be done and the process of achieving these objectives in a collaborative manner. Other definition suggests that leadership is to influence an individual or a group to achieve common goals by means of shared objectives. Based on these definitions, several components of the phenomenon of leadership can be recognized, such as, it is a process, it involves influencing individuals logically and it provide shared goals and objectives to them (Allio, 2012). Regarding leadership and leader, different authors have presented a variety of views some of which are also conflictive in nature. For instance, a group of researchers argued that leadership qualities are acquired by leaders since birth while other group of researchers argued

Reflection Essay Example | Topics and Well Written Essays - 1750 words

Reflection - Essay Example It is a cause of worry since organizations must have continuity in good leadership to be able to maintain its productivity. An organization is safer when it adopts risk prevention measures, and equips current and future leaders with skills necessary to cope with any organizational changes. There are both formal and informal leaders. They all influence an organization towards achieving its goals effectively. Organizational success goes beyond an individual leaders will to achieve and the organizations chain of command. Most importantly, it is how all leaders relate together towards achievement of set goals. This is termed as collective leadership as William (2011) observes. In addition, James and Barry (2001) suggest that several things should be considered. They include: the number of leaders needed currently and expected in the future by an organization. This enables an organization base its leadership strategies on the expected turnover of employees in the organization. Leadership culture entails how leadership is practiced for example employee relations, discharge of duties and working together for a common purpose. The culture ensures that all factors affecting growth and performance of the enterprise are pooled together towards the same set targets. Demand and supply forecasting is crucial in ensuring the number of leaders employed is specific to the present and future expected needs Another factor to consider is the quality of leaders desired. Every organization must aim at employing high quality leaders for a competitive organization. Phillip (2010) sees a leader as a person who owns and takes responsibility for every action an organization takes and feels any loss incurred as his own. For organizational success, there must be leaders who are goal oriented and put all their effort and hard work to ensuring achievement of goals and

Family and Consumer Behavior Essay Example for Free

Family and Consumer Behavior Essay Therefore, not only do we have to study and do research about individual consumers but we also have to consider groups of people such as families and the influence of their members on others within the group. â€Å"Today in the United States, 68 percent of the 111. million household are families. According to many sources, the family remains the central or dominant institution in providing for the welfare of its members and is the major household consumer and consuming unit† (Schiffman and Kanuk 2007, 347). This means the family is a notable consuming unit if not the most important one. â€Å"Although families sometimes are referred to as households, not all households are families. For example, a household might include individuals who are not related by blood, marriage, or adoption, such as unmarried couples, family friends, roommates or boarders. However, within the context of consumer behavior households and families usually are treated as synonymous, and we will continue this convention† (Schiffman and Kanuk 2007, 347). Consequently, groups of people who interact to accomplish either individual or mutual goals may be considered as a unique consuming unit even if they are not related by blood, marriage or adoption. Thus, The research process would be the same. Families can be divided in three main types: the married couples, the nuclear family and the extended family.

World Populations And Development :: essays research papers

World Populations and Development 1.) The Neolithic and Industrial Revolutions The two changes in the use of the earth's resources that had the greatest effect on the world population were the neolithic and the industrial revolutions. The neolithic revolution (a.k.a. agricultural revolution) was a change in the way of life of our ancestors. It took place about 8000 years ago among various tribes in Asia and the Middle East. It included a transition from foraging and hunting to the domestication of animals (most probably starting with the dog) and to farming. Tribes settled in fertile areas and formed agricultural communities many of which grew into villages and cities. This relatively stable way of life and the more reliable food supply (and surplus) led to the development of new professions, to labor specialization and ultimately to the stratification of these societies. Improved conditions of life led to somewhat longer life spans. Nevertheless population growth remained low due to high infant mortality rates. The impact of the neolithic revolution was not as much on immediate population growth (even though it did have a long term impact on population growth) as on the material and spiritual development of the human race. It is widely regarded as the beginning of civilization. Industrial revolution was another process of change. It was the process of substituting muscle power with machine power. It took place in the 18th century in Europe and is still happening in many parts of the world. In many characteristics it has been similar to the neolithic revolution: it increased production, it led to the use of resources that had been mostly unused until then and it improved the overall quality of life. It also led to changes in the structure of society. What was different, was its impact on population growth. It was quick and easily noticeable. Advanced sanitation, hygiene and medicine led to longer life spans and declining death rates, with the birth rates remaining high. This resulted in a high rate of population growth that still continues in many countries. The information revolution is the process of change that began in the second half of the 20th century in the developed countries of the world. It is the process of substituting "brain power" with "machine power". It leads to increased production and has the potential to create a more even distribution of the world's population on the surface of the earth. It also has the potential to decrease the differences between the less developed and the highly developed nations of the world. Then again it also has the potential to increase those differences. It causes changes in the structure of society.

Chevy vs. Ford Essay

We have all heard the argument concerning vehicles and their brands, whether you are a Chevy, Ford, or even Dodge fan it really doesn’t matter. We all seem to stick to one side and if nothing else is ever said about either company, they both have very loyal customers and very similar beginnings. Not to mention that if it were not for the difference maybe more people would be willing to admit just how alike these two brands really are. Louis-Joseph Chevrolet was born Christmas Day in 1878, in a small village in Switzerland. During his childhood he spent his time in the villages of Bonfol and Beurnevà ©sin, which were close to the French border. Around 1887, Louis learned to repair and later race bicycles. Louis had gained a hunger in the knowledge for the repair of bicycles while working at a mechanics shop which fixed not just bicycles but carriages as well. There is where he would learn the basics of gears and mechanicals. He would also end up building and selling his own bicycle called the Frontenac. This name would be later used for his race cars. Louis became known for racing manufactured bicycles and was given a job in the mechanical shops of Mors and Darracq Company. Darracq built the â€Å"well-known† Gladiator bicycles, Louis was introduced to the Darracq internal combustion engine and this would consume his interest and where he would began studying the 4 cycle engine. Louis Chevrolet founded the brand in 1911 in Detroit Michigan, along with W.C. Durant. They both earned a reputation for developing cars with performance, durability, and value. Those characteristics are still a core part in the business today which is the fourth largest automotive brand. Chevy has made performance affordable. With its four and six cylinder engines they have become known for their strong performance and their durability. In the 1955 Chevy introduced a small-block V-8 which opened a new era in attainable high performance that would result in powering millions of cars and trucks for the next 50 years. With the traits of the small block Chevy  has helped establish their company as a force in almost all forms of motorsports. This legacy has been passed on to new generations, and it is very evident that they have stayed true to the original beliefs which are still noticeable with today’s Camaro SS and the Corvette. The Ford Motor Company has a similar past with the exception of their founder, Henry Ford. Henry was also a racecar driver in fact he not only drove racecars but also built them as well to demonstrate that his designs produced a reliable vehicle. Ford finally came to be in 1903, after two failure attempts before. In this case Henry Ford was on as vice president and chief engineer where he could realize his own dreams which was to produce an automobile that was reasonable priced and efficient. This came about with the introduction of the Model T in 1908. In 1913 Henry Ford was the first to introduce the continual moving assembly line, by have all the employees stay in one place and having their parts sent to them on conveyor belts with that, he single handedly revolutionized the automobile industry in 1913. By 1918 50% of all cars in the United States were Model Ts. With the growing economy the demand for the Model Ts were in such high demand that they had to open a larger factory in Highland Park, Michigan. Although he was a very clever businessman, Henry Ford was at time a complex and contradictory personality with strong held opinions and a very wide range of interest. Both founders were very dedicated and strong willed unfortunately with Chevrolet, he sold his shares to the Chevy companies cofounder, W. C. Durant. Henry Ford was a part of his company until his death in 1947. Both companies are still going strong today and are still a force in the automotive industry. Both are producing efficient and affordable vehicles and it really does come down to the individual’s choice as to whom you fall  in with. For the diehard racers Chevy offers the Camaro where Ford has the Mustang, both are beautifully made vehicles and are very similar not just in appearance but also in performance. Both offer the standard package that comes with any car, they both have similar gas mileage, engine size, and optional features. Both have even started producing more energy efficient type cars as well as electric and even hybrid vehicles. With both companies track record I am sure both will have their ups and downs but that doesn’t make one better than the other, in fact, it appears that both companies are dependable, affordable, and dedicated to their customers. However there is one difference that sticks out more than any other, Fords seems to have the edge on pricing and making sure their vehicles are affordable to any income bracket. While Chevy can be on the expensive side depending on make and model you are looking into to purchase. Both companies continually produce well built vehicles, their customer base is evident of that. It’s understandable for people to have their preferences but what does it really come down to? It comes down to which one offers everything each individual wants in a certain type of vehicle. You can see the similarities in almost every model each company has. Chevy has the Silverado; Ford has the F series in the truck models. Chevy has the Camaro and Corvette to where Ford has the Mustang, and both companies produce minivans as well as sedans. The argument between the two companies will continue to go on for years to come, but is there really any argument about the two companies other than if it weren’t for the difference in name there wouldn’t be an argument since both are still producing efficient and affordable vehicles along with exploring other options concerning energy sources, because of those decisions they are both still moving strong in today’s economy and both are still a force to be reckoned with in the automotive industry and will be for many years to come.

HR PRACTICE ON GRAMEEN BANK Essay

In any comprehensive work, like this, credit must go to the multitude of people. I am still students and just novice. Hence, I have taken help from different people for preparing my report. Now here is a petite effort to show my deep graduate to those helpful people. First, I commit my selves grateful to Allah for his unlimited kindness and maximum helpful hand in continuing my report preparation. I express my sincere gratitude to honorable supervisor, Ms. Monsura Zaman, †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Faculty of Business Administration, ASA University Bangladesh, for their guidance and valuable remark about the convention of the report. I have come to believe, deeply and firmly, that we can create a poverty free world if we want to. I came to this conclusion not as a product of a pious dream, but as a concrete result  of experience gained in the work of the Grameen Bank. It is not micro credit alone which will end poverty. Credit is one door through which people can escape from poverty. Many more doors and windows can be created to facilitate an easy exit. It involves conceptualizing about people differently; it involves designing a new institutional frame work consistent with this new conceptualization. Grameen bank has taught me two things first our knowledge base about people and their interactions is still very inadequate: second each individual person is very important. Each person has tremendous potential. She or he alone can influence the lives of others within the communities, nations, within and beyond her or his own time. Background of the Study Successful human resource management makes it possible for the organization to acquire the number and types of people necessary to ensure the continued operation of the organization by the†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. So it acts an important role in HR department. As a part of BBA program, my honorable supervisor, Ms. Monsura Zaman, †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.., assigned me to prepare a report on related topic on Human Resource Management course. I have selected our report topic as â€Å"HRM practice in microcredit Sector of Bangladesh (Grameen Bank).†. Executive Summary The importance of human resources management (HRM) practices to the success or failure of organizational development system performance has, until recently, been generally overlooked. In recent years it has been increasingly recognized that getting HR policy and management. In this paper, I take my theoretical point of departure in recent work in organizational economics on systems of human resource management (HRM) practices. Though this program good balance between theory and practice is gained. Furthermore this is Thesis assignment is a vital requirement for obtaining Masters of Business Administration (MBA) program. I worked Grameen Bank’, how they practice HRM on their microcredit sector. Microcredit is the extension of very small loans (microloans) to impoverished borrowers who  typically lack collateral, steady employment and a verifiable credit history. It is designed not only to support entrepreneurship and alleviate poverty, but also in many cases to empower women and uplift entire communities by extension. In many communities, women lack the highly stable employment histories that traditional lenders tend to require. Many are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million men and women held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 per cent. Report Overview Introduction Background of HRM: Human Resource Management is defined as the people who staff and manage organization. It comprises of the functions and principles that are applied to retaining, training, developing, and compensating the employees in organization. It is also applicable to business organizations, such as acting, news presenters and Models etc. Human Resource Management is defined as the set of activities, programs, and functions that are designed to maximize both organizational as well as employee effectiveness. Scope of HRM without a doubt is vast. All the activities of employee, from the time of his entry into an organization until he leaves, come under the horizon of HRM. The divisions included in HRM are Recruitment, Payroll, Performance Management, Training and Development, Retention, Employee Relation, etc. A human resources management (HRM) professional is responsible for successfully acquiring, developing, motivating, and retaining employees. That is, they are on the â€Å"people† side of business operations, and because people do the work of organizations, a company’s success rests heavily on the quality of its HRM. An HRM professional is a full business partner who adds value to business decisions and aligns HR practices with those decisions. The work calls on you to know about compensation and benefits, labor relations laws, how to forecast working needs, organizational learning, and organizational change. Students’ specialty courses include â€Å"Competitive HRM Practices,† â€Å"Negotiations,† and â€Å"Cultural Aspects of  International Business.† They also select an honors seminar in â€Å"Management of Innovation.† In the classroom and on co-op, students gain the acting base of knowledge and the business expertise that’ s needed as an HRM professional. Human resource management is an effective tool for students interested in helping businesses succeed in a changeable personnel environment. This guide is based on Human Resource Management in a Business Context, and includes links to extra articles, notes, tips and exercises. It introduces you to the essential elements of HRM, its origins and applications. HRM is viewed as an all-embracing term describing a number of distinctive approaches to people management. They help you to understand and evaluate the different and sometimes ambiguous views of human resource management by investigating its origins, explanatory models, technology and practice. Human resource (or personnel) management has in the sense of getting things through people. It’s an essential part of every manager’s responsibilities, but many organizations find it advantageous to establish a specialist division to provide an expert service dedicated to ensuring that the huma n resource function is performed efficiently. â€Å"People are our most valuable asset† is a clichà © which no member of any senior management team would disagree with. Yet, the reality for many organizations is that their people remain under valued under trained under utilized poorly motivated, and consequently perform well below their true capability The rate of change facing organizations has never been greater and organizations must absorb and manage change at a much faster rate than in the past. In order to implement a successful business strategy to face this challenge, organizations, large or small, must ensure that they have the right people capable of delivering the strategy. The market place for talented, skilled people is competitive and expensive. Taking on new staff can be disruptive to existing employees. Also, it takes time to develop ‘cultural awareness’, product/ process/ organization knowledge and experience for new staff members. As organizations vary in size, aims, functions, complexity, construction, the physical nature of their product,  and appeal as employers, so do the contributions of human resource management. But, in most the ultimate aim of the function is to: â€Å"ensure that at all times the business is correctly staffed by the right number of people with the skills relevant to the bu siness needs†, that is, neither overstaffed nor understaffed in total or in respect of any one discipline or work grade. These issues motivate a well thought out human resource management strategy, with the precision and detail of say a marketing strategy. Failure in not having a carefully crafted human resources management strategy, can and probably will lead to failures in the business process itself. Origin of the Report: This report has been prepared as a requirement of the Thesis program based upon the Grameen Bank where my organization supervisor is Golam Morshed Mohammed (Senior Principal Officer, International Program Dept.), and my institution supervisor is Golam Mahbubul Alam,( Assistant Professor, Department of Business Administration, Stamford University). My institute supervisor duly approved the topic decided for doing the report. Since the MBA program is an integrated, practical and theoretical method of learning, the students of this program are required to have practical exposure in any kind of business organization in last term of this course. Scope and Objectives of the Study A clear objective helps in preparation of well decorated report in which other take the right type of decision. So I identify objective are very much important. Our purpose of preparing the report is: To know the human resource management (HRM) practice of Grameen Bank. To identify the various avenues for improving the HRM policies of Grameen Bank To know about the management ability of Grameen Bank. Suggesting strategies to improve the HRM policies of Grameen Bank. This study covers the HRM policies of Grameen Bank along with some recommendations to improve the HRM policies of Grameen Bank. Methodology A sample survey was conducted to collect primary data using two pre-designed survey instruments from concerned groups following an appropriate sample  design. In view of the complexities involved in generating quantitative data for assessing the real impact, qualitative data were also collected. In the context of the unique features of the area an attempt was made to identify the strengths, weaknesses, opportunities and threats of the private HRM sector. Data Collection: This study is mainly based on secondary data available from the various divisions and departments of Grameen Bank, in addition to these other necessary information have been collected from the relevant journals, annual reports of the Grameen bank, website and publications of other relevant institutions have also been taken into consideration. Primary sources of data: Face to face conversation with the Grameen Bank administrative dept. and International depts. Officers & staffs. Conversation with the clients. Different’ manuals of Grameen Bank. Secondary sources of data: Procedure manual published by the Grameen Bank. Files and documents of the branch. Annual report of Grameen Bank. Unpublished data. Different text books. Web sites. Unstructured data: This data was compiled using information from Grameen Bank branch and centre visits, informal discussions with branch managers, field staff and various management level officers conducted during field and head office visits. Limitations of the Study As a student of faculty of Business Administration, this is my first initiative for making a report on â€Å"HRM Practice in Microcredit sector of Bangladesh: A case study on Grameen Bank†. By meeting with officers, I was really unable to collect enough information from due to their official restrictions. While carry out the study I had to face a few limitations, which are mentioned below: The main constraint of the study is inadequate access to information. The employees did not disclose much information for the sake of the confidentiality of the organization. Since the bank and other companies personal were very busy, they could provide me very little time. The clients were too busy to provide me much time for interview. The time frame fixed to prepare the study report was hard to be met. As a result, sufficient concentration could be given on it, which was needed for a much better study. Chapter 2 An Overview on Microcredit in Bangladesh What is Microcredit? Much of the current interest in microcredit stems from the Microcredit Summit (2-4 February 1997), and the activities that went into organizing the event. The definition of microcredit that was adopted there was: Microcredit: programmers extend small loans to very poor people for self-employment projects that generate income, allowing them to care for themselves and their families. Definitions defer, of course, from country to country. Some of the defining criteria used include- size – loans are micro, or very small in size target users – microenterpreneurs and low-income households utilization – the use of funds – for income generation, and enterprise development, but also for community use (health/education) etc. terms and conditions – most terms and conditions for microcredit loans are flexible and easy to understand, and suited to the local conditions of the community. Three C’s of Credit Character: means how a person has handled past debt obligations: Form credit history and personal background, honesty and reliability of the borrower to pay credit debts are determined. Capacity: means how much debt a borrower can comfortably handle. Income streams are analyzed and any legal obligations looked into, which could interfere in repayment. Capital: means current available assets of the borrower, such as real estate, savings or investment that could be used to repay debt if income should be unavailable. Microcredit in Bangladesh Microcredit programs in Bangladesh is implemented by NGOs, Grameen Bank, state-owned commercial banks, private commercial banks, and specialized programs of some ministries of Bangladesh government. In the microfinance sector total loan outstanding is around TK 248 billion (including Grameen Bank TK 72 billion) and savings TK168 billion. The total clients of this sector is 35 million (including 8.4 million clients from Grameen Bank) that accelerates overall economic development process of the country. Credit services of this sector can be categorized into six broad groups: i) general microcredit for small-scale self employment based activities, ii) microenterprise loans, iii) loans for ultra poor, iv) agricultural loans, v) seasonal loans, and vi) loans for disaster management. Loan amounts up to BDT 50,000 are generally considered as microcredit; loans above this amount are considered as microenterprise loans. LICENSING STATUS OF THE NGO-MFIS IN BANGLADESH The Microcredit Regulatory Authority (MRA), established by the government in August 2006, received applications from 4241 private institutions (NGO-MFIs). But, around 1000 applications of them were found to be very small organizations that had fewer than 1000 borrowers or less than the USD 58,000 in outstanding loans that is generally considered as the minimum initial operating portfolio of a single branched MFI to be sustainable. However, till August 2012 the MRA had approved licenses in favor of 651 NGOs. There are another 210 applications are under process for a final decision although they are mostly small organizations but with some potentiality to become viable in course of time. As of August 2012, 3380 applications have been rejected. Recently MRA has invited new applications for obtaining license to conduct microcredit activities. STATE OF MICROCREDIT IN BANGLADESH In the backdrop of global ‘double-dip’ recession and over-indebtedness crisis in microcredit sector in several countries, Bangladesh’s microfinance sector shows strong resilience and continues to contribute towards enhancement of macroeconomic growth. Bangladesh microfinance sector is mature now and its assets constitute around 3 percent of GDP in 2011. Total outstanding loan of  this sector (only licensed MFIs) has increased by 20.0 percent from BDT 145.0 billion in June 2010 to BDT 173.8 billion in June, 2011 disbursed among 20.7 million poor people, helping them to be self-employed and accelerating overall economic development process of the country. The total savings has also increased by 23.25 percent to BDT 63.3 billion in June 2011 compared to previous year from 26.1 million clients, over 93 percent of them are women. Table 2 shows the market scenario of NGO-MFIs in Bangladesh. The top three MFIs contribute 54 percent of total loan outstanding as well as savings of the microfinance sector in Bangladesh. Two of the largest MFIs, viz., BRAC & ASA, are each serving over five million borrowers. There are a few more developing fast. On the other hand the smallest 428 NGO-MFIs have contributed only 4 percent of total loan outstanding and 5 percent of total savings. Institutional concentration ratio is highly skewed in favor of large MFIs: just 22 institutions are in control of 76 percent of the market share while three largest organizations have control of over 50 percent in terms of both clients and total financial portfolios. Table 3 depicts the scenario of micro enterprise loan, i.e., loans above BDT 50,000, of different NGO-MFIs in Bangladesh. It is observed that micro enterprise loan outstanding is BDT 40 billion which is around 24 percent of total loan outstanding in which the top ten NGO-MFIs contributed around 19 percent. It also shows that BDT 40 billion is disbursed to around 6 lakh borrowers which are only 3 percent of total borrowers. The table expresses that only the top NGO-MFIs are capable to run micro enterprise loan. Selected Indicators of NGO-MFIs in Bangladesh It is observed from table 4 that savings per member has been increasing over the years. In 2006 savings per member was Tk. 1,207 which stands at Tk.2495 in 2011 – an increase to more than double within the last five years. The loan outstanding per borrower also increased over the years and average growth rate of loan outstanding per borrower is around 17 percent in 2011 compared to the previous year. The loan outstanding per borrower has increased by more than 100 percent within the last five years. These two indicators, savings per member (average saving size) and outstanding loan per borrower (average loan size) increased over time perhaps due to the increase in the income level of the poor resulting in an increase in their need for higher amount of loans from the MFIs. The ratio between borrowers to clients (members) remained steady for the last few years, which is within 70 to 80 percent and the savings to outstanding loan ratio has also been stable from 2006 to 2011. Since the total number of branches of MFIs has increased at a much higher rate in 2011 compared to the previous year, the number of members and borrowers per branch has decreased. Substantial rate of increase in the sizes of loans per borrower and savings per member has resulted in a rise in the total loan outstanding and savings in the sector. Consequently outstanding loan and saving per branch has also increased. The loan outstanding amount per branch which was TK 8.42 million in 2010 has increased by 14.4 percent in 2011.

Free Essays on Environment

Empty Aerosol Cans The amount of waste buildup will threaten human survival on Earth if its people do not begin to properly manage their waste. Recycling common used items, such as aerosol containers, facilitates a proper waste management system, reduces solid waste buildup, and most importantly, it protects nonrenewable resources used by the steel industry from depletion. Around the world, the households and industries of today use aerosol containers. People rely on aerosols for paint, deodorizers and cleaners, hairspray, adhesives, and even bug repellent. They are used on a daily basis because aerosol cans offer the most precise and efficient delivery of product to hard to reach places. The United Kingdom currently recycles just 7.5% of the 600 million aerosol cans that it produces each year. Clearly, people lack awareness of the ability of recycling centers to accommodate aerosol containers. However, the growing public concern over the disposal of solid waste has sparked the promotion of communities to collect empty aerosol containers. The aerosol and steel industry have teamed up to make recycling aerosol containers both efficient and accessible for the consumer and producers of aerosol products. Thousands of communities now include aerosols in both household and curbside buy-back and drop-off programs. Before the recycling process can begin, the aerosol container must be fully emptied. Otherwise, the propellant could cause dangerous effects when the container is compacted. The consumer will normally empty the container through regular use, as indicated by the aerosol’s instructions. The aerosol industry finely measures the product and propellant so that the consumer exhausts them equally with proper use. If a new can cannot be emptied due to a malfunction, the consumer should return it to its place of purchase. A consumer may also elect to bring a broken or stored aerosol container that can no longer be ... Free Essays on Environment Free Essays on Environment Empty Aerosol Cans The amount of waste buildup will threaten human survival on Earth if its people do not begin to properly manage their waste. Recycling common used items, such as aerosol containers, facilitates a proper waste management system, reduces solid waste buildup, and most importantly, it protects nonrenewable resources used by the steel industry from depletion. Around the world, the households and industries of today use aerosol containers. People rely on aerosols for paint, deodorizers and cleaners, hairspray, adhesives, and even bug repellent. They are used on a daily basis because aerosol cans offer the most precise and efficient delivery of product to hard to reach places. The United Kingdom currently recycles just 7.5% of the 600 million aerosol cans that it produces each year. Clearly, people lack awareness of the ability of recycling centers to accommodate aerosol containers. However, the growing public concern over the disposal of solid waste has sparked the promotion of communities to collect empty aerosol containers. The aerosol and steel industry have teamed up to make recycling aerosol containers both efficient and accessible for the consumer and producers of aerosol products. Thousands of communities now include aerosols in both household and curbside buy-back and drop-off programs. Before the recycling process can begin, the aerosol container must be fully emptied. Otherwise, the propellant could cause dangerous effects when the container is compacted. The consumer will normally empty the container through regular use, as indicated by the aerosol’s instructions. The aerosol industry finely measures the product and propellant so that the consumer exhausts them equally with proper use. If a new can cannot be emptied due to a malfunction, the consumer should return it to its place of purchase. A consumer may also elect to bring a broken or stored aerosol container that can no longer be ...

Accounts Sba Essay Example for Free

Accounts Sba Essay ? The aim of my project is for me to arrive at a comprehensive understanding of the financial sector of the business world. To draw up the financial records for the year 2009 for Jen’s Supermarket and to comment on the entity’s performance using appropriate tools of Analysis Description and Overview Jen’s Supermarket is a developed and simulated entity owned by Jenevonne Kirton, who is the sole proprietor. Jen’s Supermarket is a developed supermarket which sells a variety of food items and miscellaneous goods, serving most of the island in its convenient location. The supermarket employ fifteen staff along with Ms. The capital at beginning was 202800 while at end it was 208165 which showed an increase by 5365 at the end of the month. Suggestions/Recommendations Current Ratio It is recommended that Jen’s Supermarket 1. Uses the excess money to expand the business by opening another supermarket. 2. Introduce new product to the business and purchase new equipment. Gross Profit It is suggested that Jen’s Supermarket should 1. Source cheaper suppliers to facilitate the demand of goods so profitability would be greater at the end of the month. 2. Offer new promotions every week and offer the customers raffles at a chance to win prizes at the end of the year. These are given to help Jen’s Supermarket increase gross profit and sales. Conclusion It is clear that Jen’s Supermarket keeps adequate records for the business to demonstrate the profitability over the financial period for the month. It could however, increase the current ratio and gross profit by incorporating the suggestions/recommendations outlined. Nevertheless Jen’s Supermarket made a good net profit for the month of December in 2009. Overall based on the performance of the business Jen’s Supermarket was able to make a profit of 6365 despite the low sales of 104 850. Accounts Sba. (2018, Nov 13).

Comparetive Advertising Essay Example | Topics and Well Written Essays - 1000 words

Comparetive Advertising - Essay Example In a direct comparative advertising, a product or the particular features of a product are specifically compared with same features of a specified competitor. In the second classification, an advertisement describes only one product or the features of that one product and favorably compares it with all other competing products in an indirect and general way (Comparative Advertising 3). Comparative The utilization of comparative advertising in the United States mounted with the Federal Trade Commission's contention that "direct comparative ads, which provide information on named competitors, result in more informed decision making (Pechmann & Esteban 1)." There had been a widespread debate whether this type of advertising must be permitted. After it had been approved in the US, there is an ensuing controversy of its effectiveness. Though many American companies use comparative advertising in their operations, its efficiency as a marketing tool to create demand is still in question. Others claim that instead of boosting revenue, comparative advertising fail to reach the target audience with the intended message. This situation dampens the efficiency of marketing campaign but also misleads buyers. The effectiveness of comparative advertising is linked with various factors notably cultural and degree of comparison. ... This paper aims to assess the efficiency of comparative advertising in the US market. It also aims to expose the significant factors which should be considered before coming up with an effective comparative advertising campaign. In order to develop the idea further, two different advertisements, Miller and Urine-Gone which are examples of comparative advertising will be utilized. It should be noted while Miller employs a direct advertising campaign, Urine-Gone uses lesser degree by using an indirect approach. The commercial of Miller shows a consumer which made a decision of choosing the Miller product after being presented with other competitors' brands inside the refrigerator. The main rationale of using comparative advertisement rests on the premise that this marketing tool significantly affects the behavior of customers as well as the image of the business. This claim was supported by the study conducted by Bennett which revealed that projected brand quality in comparative ads is directly correlated with improvement in buyer behavior (Bennett 93). Urine-gone was able to achieve this result as it became quite successful in gaining customers' preference towards the products by using a comparison on the features of its product to the ones made by its competitors. On the other hand, it was found out that the higher intensity of comparison in advertising decreases its efficacy. The research conducted by Barrio-Garcia which analyzed how buyers respond to comparative advertising and confirmed that the greater the degree of comparison results in lower consumer perception and increases counter-arguments among customers on the true value of the product. Thus, analyzing the ad