What are the main risks faced by banks and how does a bank attempt to manage these risks? A Bank is a financial intermediary that acts as an economic firm producing goods and services. With this view in mind it’s easy to see that a bank exists to make a profit. In order for a bank to be successful and make a profit‚ it has to take risk. A bank that is averse to risk will be a stagnant institution unable to adequately serve its customers effectively and produce a profit. However‚ a banking institution
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Discuss the significance of international trade to UK business organizations International trade is the exchange of capital‚ goods and services across international borders or territories (Wikipedia.org). It is vital to the economy of a country since it may benefit a significant share of gross domestic product (GDP). Without international trade‚ the UK organizations would be limited to sell its goods and services only within their own border. Therefore‚ International trade is vital to the UK economy
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The Business Cycle is “the recurring and fluctuating levels of economic activity that an economy experiences over a long period of time.” (Market Economy) These fluctuations are due to supply and demand‚ availability of capital‚ consumer confidence‚ and other factors. Within the Business Cycle are four stages that describe the cycle. The four stages are expansion‚ peak‚ recession and trough. The expansion stage is the phase a business initially enters when coming into the market. This stage demand
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citizens have met their bare necessities. What does Aristotle mean by ‘good’? Does it mean happiness? Stability? I found this idea particularly intriguing because Aristotle points out that this goodness is best achieved collectively rather than individually. Is this possible? As Aristotle himself points out‚ people typically act in their own self-interest “in order to obtain that which they think good”. (1252a3) If the state aims at the “highest good” (1252a6)‚ does this necessarily benefit
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Business Environment Can your business survive? Marks and Spencer is a retailer department that offers high quality home products‚ fashionable clothes for women‚ men and kids as well as luxury food & wine in store and online; from 2‚000 suppliers globally. M&S also provide services such as TV installation for free when you buy TV from them‚ energy resources‚ insurance‚ gift wrapping and flowers deliveries. Marks and Spencer belong to the Private sector organisation and it’s registered as a public
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Business Environment Lecture 1 Business & its Environment What is Business? Business is a way of dealing with the problem of scarcity Business involves the transformation of inputs into outputs to meet particular needs or wants of consumers Business is not just The Private Sector it is also The Public Sector and Societies have to choose the balance between the public and private sectors The Private Sector (Pg 7-11) Consists of all business in some form of private ownership COMPETITON
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What is the relevance of the resource-based view of the firm to strategic management in a global environment? The relevance of the resource-based view of the firm to strategic management in a global environment is the idea that it permits the organization to be seen as a whole. In doing so‚ the strengths and weaknesses within the firm can be examined. This is done because as stated in the Hunger & Wheelen (2006‚ 106) text‚ "scanning and analyzing the external environment for opportunities and
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important instruments in international relations ‚ Hans Morgenthau an American political scientist suggests that “international politics like all politics ‚ is a struggle for power. Power is central to realist thinking which can be dated back to Thucydides who said ‘the strong do what the have the power to do and the weak accept what they have to accept .” realists also believe that humans are naturally political animals they crave power and are self centred. International relations as the study
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International Law Assignment Q: You work for John Keating MP‚ who is due to give a talk at a Community Centre in his constituency. The talk has been necessitated by calls by another local MP‚ Bronwyn Bishop‚ demanding that the UK should concentrate on domestic issues and play a lesser role in international affairs. In a speech in the House of Commons‚ Ms Bishop h as supported her demand with the argument that international law is ineffective‚ and can hardly be described as law. Mr Keating
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TERRORISM: DOMESTIC‚ INTERNATIONAL‚ AND CYBER Terrorism: Domestic‚ International‚ and Cyber Terrorism 2 Abstract Terrorism is one of the most remembered and feared occurrences in the world. Terrorism changes the lives and hearts of everyone that it affects. This paper explores the different types of terrorism‚ who commits the acts‚ how it affects the surrounding world‚ and what can be done to prevent it. This review of the different types of terrorism focuses primarily on the specific types of terrorism
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