Characteristics / Features of a Bank 1. Dealing in Money: A bank is a financial institution which deals with other people’s money i.e. money given by depositors. 2. Acceptance of Deposit: A bank accepts money from the people in the form of deposits which are usually repayable on demand or after the expiry of a fixed period. It gives safety to the deposits of its customers. It also acts as a custodian of funds of its customers. 3. Giving Advances: A bank lends out money in the form of loans to
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Roaring Twenties to refer to the period of 1920s. This period did usher in the birth of a modernized national lifestyle; because Americans who were war-weary did come to value leisure and also convenience over self-denial and leisure. The main characteristics of this new national consumer-based society were; 1. Culture clashes People’s culture was clashed during this period where they had to adopt a new way of doing things. 2. Politics of fear During this period‚ there were immigrants from different
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Characteristics of Information Good information is that which is used and which creates value. Experience and research shows that good information has numerous qualities. Good information is relevant for its purpose‚ sufficiently accurate for its purpose‚ complete enough for the problem‚ reliable and targeted to the right person. It is also communicated in time for its purpose‚ contains the right level of detail and is communicated by an appropriate channel‚ i.e. one that is understandable to
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Formal and Informal Communication: An Organizational Approach By: Masayu Shahnaz Winarko Student Number: 43005860 Faculty of Economics‚ Business and Law University of Queensland Brisbane‚ Queensland‚ Australia 2012 Abstract This paper concentrates on the discussion of formal and informal communication and its usage in
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The Leader Report Margaret Thatcher Margaret Hilda Thatcher‚ Baroness Thatcher was born on 13th October 1925 in Grantham‚ Lincolnshire‚ England. Thatcher became a Conservative member of parliament for Finchley in North London in 1959‚ serving until 1992. According to Jeff (2013)‚ she was a first woman prime minister in Europe and the longest-serving British Prime Minister of the 20th century. Volkery (2013) stated that Soviet journalist called Thatcher as “Iron Lady”. Dominant Personalities
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organization. The essential managerial skills required for a manger and how it is something that one cannot be born with. Along with the theory of followership and the stereotype of “Men are born to be leaders” will be discussed. Managers are in all organizations with different job titles like team leader‚ project manager or even senior executive. Managers are assumed to have leadership skills and works with employees who require them for vital support and assistance in their jobs. Managers are also
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value of formal and informal performance assessment in the workplace The Value of assessing performance 1. There are two main types of performance assessment in the work place‚ they are formal and informal assessment below are types of both assessment methods and descriptions of the same a. Formal i. Scheduled meetings ii. Management team meetings iii. Appraisals iv. Quarterly review v. Goal settings vi. Employee surveys vii. Customer surveys viii. Disciplinary process b. Informal i. Group meetings
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Characteristics of Hamlet In the novel‚ Hamlet Prince of Denmark‚ Hamlet had plenty of time to kill Claudius in revenge of his father King Hamlet. Hamlet procrastinated many times before taking action because he was depressed‚ uncertain‚ and he needed time to prepare for his revenge. Hamlet becomes very depressed when he finds out about his father’s death. In the novel‚ he talks about the first thing that made him sad. “She married O most wicked speed‚ to post which such dexterity to incestuous
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A leader is a person who influences a group of people towards the achievement of a goal. The types of leaders vary but in this case‚ we will be dealing with the religious and political leaders. A religious leader is one who is recognized by a religious body as having some authority within that body while a political leader is a person actively engaged in politics especially a full time professional member of a deliberate assembly. A political leader can also be a person who is experienced or skilled
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General Description Huicholes are a Native American indigenous group who reside in the Sierra Madre mountains of Jalisco‚ Durango‚ Nayarit‚ and Zacatecas in the country of Mexico. Current census report that‚ “the Huichol or Wixarika‚ are a little-known group of some 7‚000-9‚000 individuals whose traditional homeland is the Sierra Madre Occidental‚ in the Mexican states of Jalisco and Nayarit” (Myerhoff‚ 1974). Furthermore‚ this article informs that although almost half of the Huichol group is spread
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