REPORT ON HSBC History of HSBC HSBC ( Hongkong Shangahai and Banking corporation) is among the largest banks in the world. It came into being in the year 1865 to enhance the growing trade between India‚ China and Europe. The idea of forming the bank came from the mind of Thomas Sutherland who had envisioned the growing demand of banking facilities in Chinese market and consequently the bank was opened in 1865 in Honkong and Shangahai. Very soon the bank had opened up branches around the world
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Case study 8.2 Philips Lighting: screening markets in the Middle East Q1: Discuss the appropriateness of the screening model used in this case Philips Lighting looks on the one hand at the demand for lighting and on the other hand at the GDP per capita. Earlier cases showed that the demand for lamps and bulbs is a basic need for a country and as soon as a country starts developing this basic need increases. At a later stage of economic development basic lighting needs are covered so the need
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Water is the key essential element to living life. In America water is only limited by the amount you can drink in a lifetime. But unfortunately in the Middle East due to harsh weather climates‚ water resource is incredibly low. People in the Middle East are rationing there only key to surviving a healthy life. Despite being very well endowed in oil supply‚ gold and other minerals water is what they truly lack and people in the area are struggling to get by. It’s difficult to create a solution to
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Marriage in the Middle East There have been many types of marriage traditions in the Middle East and most of them are still around today. These are also all Islamic customs. Middle East traditions have some of the oldest marriage customs in the world. The two types of marriages are an arranged marriage and an open marriage. Most marriages in the Middle East are arranged marriages. The groom and the groom’s family pay for everything. The first thing one needs to do when planning an arranged marriage
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The Chase in the Middle East Lex Brown 4/5/15 International Law Ward Many know of the infamous terrorist organization Al-Qaeda‚ Saddam Hussein‚ and Osama bin Laden. The masterminds behind the September attacks on the Twin Towers and the Pentagon. The cause of many years of American turmoil‚ wars‚ and the flight regulations increasing. But the problem was not solely between the United States and the terrorist group. It was wide-spread. How did they catch the steam and momentum they needed to obtain
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faith. Taking into account the very controlling nature of the Middle East and their strict views on life‚ it’s not surprising that the Qur’an is taken very literal. As people living in the west‚ we must be considerate of these factors for the Middle Eastern people and must be careful on forcing our own ideals and visions on the people living in these regions; even so‚ the persecution of many minority groups congregated in the Middle East has become a very scorching hot topic every where. Mainly‚ those
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meditate. It was in that cave that he met the archangel Gabriel and Gabriel gave Muhammad words to recite. These words gave birth to the religion of Islam. Through trade‚ military‚ and followers Islam quickly spread to an empire that dominated the Middle East and spread across North Africa and Europa. Mecca was important to the Islamic people; it was the center of their faith. Mecca was also the site of Arabia’s holiest pagan shrines the Ka’ba. It was also the center of the caravan trade so millions
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leading to the Iraqi invasions. The purpose of these manipulations was to increase power and control over middle eastern governments and their oil resources by elite U.S. and British interests. This short historical outline is far from comprehensive‚ and even the references are sketchy. The main purpose of this essay is to offer student peace activists‚ and others who might be unfamiliar with Middle Eastern history‚ a few key talking points and an historical context from which to support their efforts
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SWOT ANALYSIS FOR KEYSTONE BANK Strengths: Keystone has a few strengths looking at its present financial condition financial statements. However‚ the bank is willing and able to pay higher competitive rates compared to other banks in the area. This is likely to send a strong signal to potential customers who may wish to take advantage of the rates by increasing their core deposits at Keystone Bank. Also‚ increasing local economic activities can also be viewed as strength to keystone. This is because
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1800s‚ imperialism was also practiced in the Middle East. The prime attraction for most European nations was the presence of vast oil fields. The machinery produced as a result of the Industrial Revolution required oil to keep numerous moving parts lubricated. As the internal combustion engine became more popular around 1900‚ oil was also needed as a fuel. Strategic Location Strategy also played a major role in the European conquest of the Middle East through imperialism. Two areas that Europe paid
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