Creativity and Innovation in Indian Banks Free Essays

string(27) liberated from any bank charges. Theme: Innovative items by Indian associations in the Banking Sector Akshita Shetty Student K J Somaiya Institute of the board studies and exploration PGDM (RM) Roll no: 56 Email id:ashetty14189@gmail. com Abstract During the previous multi decade, one of the areas which experienced obvious ocean change through inventive methodologies is without a doubt the financial division. The part has been developing at a quick pace in India and is tested with a few perspectives like new guidelines every now and then, changing client needs and recognitions, changing innovation and evolving tasks. We will compose a custom exposition test on Innovativeness and Innovation in Indian Banks or on the other hand any comparative theme just for you Request Now Innovation has been assuming an essential job in the huge improvement of banking administrations and tasks. Indian financial industry has pushed path forward both as far as offering esteem included administrations and conveying quality help. It was imagined that the world money related emergency would affect the Indian financial area in a genuine way. In any case, in light of the solid establishments of Indian financial framework with the help from all around organized monetary frameworks, the foreseen effect of the world emergency was practically irrelevant. Rather, it helped the banks to get fortified further and turn out to be nearer to the client with inventive methodologies. Banks have all the earmarks of being on the way of accomplishing supportability and a drawn out endurance in view of development. Catchphrases: Innovation in banking, innovation in banking, changes in banking, change in banking, IT in banking, Indian banking. Presentation Technology has achieved a total change in outlook in the working of banks and conveyance of banking administrations. Gone are the days when each financial exchange required a visit to the bank office. Today, the greater part of the exchanges should be possible from the solaces of one’s home and clients need not visit the bank office for anything. Innovation is not, at this point an empowering agent, however a business driver. The development of the web, mobiles and correspondence innovation has added an alternate measurement to banking. The data innovation (IT) accessible today is being utilized in client acquisitions, driving mechanization and procedure effectiveness, conveying straightforwardness and proficiency to clients. A large number of the IT activities of banks began in the late 1990s or mid 2000 with an accentuation on the reception of center financial arrangements (CBS), computerization of branches and centralization of tasks in the CBS. Throughout the most recent decade, the majority of the banks finished the change to innovation driven associations. Moving from a manual, scale-obliged condition to a worldwide nearness with mechanized frameworks and procedures, it is hard to imagine the antagonistic situation the division was in the period before the changes, when a straightforward store or withdrawal of money would require a day. ATMs, versatile banking and online bill installments offices to merchants and utility specialist organizations have nearly forestalled the requirement for clients to visit a branch. Branches are additionally changing from working as exchange handling focuses into relationship the executives center points. The change has been profitable for banks acquiring an expansion in profitability and operational effectiveness to be increasingly serious. Better hazard the executives because of centralization of data and ongoing accessibility of basic information for dynamic. With the majority of the banks being innovation empowered, the center is moving to automating local rustic banks (RRBs). Moreover, banks are advancing toward dynamic and business insight programming and attempting to advance the IT framework made The financial framework in India has made a specialty for itself in the current serious worldwide field where reception of new and imaginative mechanical improvements conveys the way to extension of business and its future turn of events. The Indian financial framework has progressed significantly from being a player confined to household limits to a main goliath in the realm of money related administrations over the globe. Credit for this advancement goes to a blend of variables like, the presentation of different monetary changes which gave a lift to the financial segment, reception of new innovation by banks so as to smooth out their line of organizations and expanding benefits by improving cost proficiency and offering doorstep banking comfort to their clients. Banking ‘Then’ and ‘Now’ Indian towns were denied of different money related items like common assets, protection and value exchanging up to this point, which are currently available through intermediary banking as Internet booths and ATMs. The assumed name given to banking which isn't steered through branches is ‘Channel Migration’. Through this highway, a bunch of administrations is at the customers’ removal in today’s banking framework. This is conceivable in light of the fact that financial exchanges are put away in a halfway found server with which every other part of a bank are associated. The innovative frameworks in India are considered definitely further developed than those of Russian and Chinese financial frameworks however are falling a long ways behind the UK, USA and Singapore. Network flourishes Today practically totally planned business banks are associated with all the branches consistently stretching out the anyplace banking office to the clients, which implies that it isn't vital for a client currently to visit the branch by and by so as to lead exchanges. Presently a client has different choices accessible with him like web banking, versatile banking, ATMs (mechanized teller machines), telephone banking which offers 24 X 7 banking, and so on. At whatever point and any place an exchange is done in a financial balance, the refreshed status is reflected in all the branches, in this manner making anyplace banking conceivable. ATMs have revolutionalized the financial area by making money and other financial administrations accessible to clients consistently. Future Outlook The eventual fate of Indian financial lies in expanded interest in innovation stages and a more noteworthy spotlight on start to finish arrangements gave by IT majors like center financial items, vertical explicit CRM and hazard the board programming. Body scope Advancement by Indian banks in angles, for example, Service banking ATMS’s Net financial Mobile financial ECS/RTGS/NEFT Debit card/Mastercards CRM (client care) Case considers: (for instance) South Indian Bank: The compensation dispensing of corporates , firms and such other people who keep up accounts with any of the 511 CBS branches would be overseen by the Bank, bother free and liberated from any bank charges. You read Innovativeness and Innovation in Indian Banks in classification Article models The business would be profited in that the compensation could be dispensed to any representatives/any single worker who are/is working even in distant spots where SIB has no nearness. Dr. V. A. Joseph ,Chairman CEO of the Bank and Mr. M. P. Gopalakrishnan,President ,CMS Trust together propelled the item . In his debut address Dr. Joseph stated, †This comfort banking item, which is intended for the accommodation of the two businesses and representatives, influences the bank’s solid innovation stage, which associates all the 511 branches and 26 augmentation counters of the Bank under Core Banking Solutions arrange offering whenever banking to its clients. GSSA can be opened with zero balance†. The Chairman and CEO of the Bank likewise expressed, â€Å"South Indian Bank, being a client †arranged Bank is endeavoring hard to render customized client care utilizing the most recent mechanical capacities. The innovative ability of the Bank was perceived when the Bank could sack the financial innovation greatness grant from IDRBT which is the specialized arm of RBI. The administration nature of the Bank has additionally been perceived when the Bank was chosen in the ‘Outlook Money †C Fore’ overview as the best private division Bank in India in the administration quality section. . Dr. Joseph additionally alluded to the office as of late began for web based booking of contributions, liberated from bank charges , through South Indian Bank installment door the main bank to go internet booking - by the clients of the bank who are lovers of Guruvayur Sreekrishna Temple which is portrayed as the Dwaraka of South India. This office is being used by the NRIs likew ise to impact contributions, bother â€free with more noteworthy straightforwardness and security at the snap of a catch ,either for themselves or their matured guardians inhabitant in India.. South Indian Bank had finished on 26. 03. 07 the undertaking ‘SIBertech’ by presenting a brought together Core Banking Solution in innovation organization with Infosys Technologies when numerous banks had not begun usage of CBS . SIB, had begun this undertaking in 2001 to render customized client care. The new item currently propelled would affirm this belief†, the Chairman closed his debut address. With the accompanying painstakingly considered worth increments of this imaginative accommodation banking item , banking for managers and their workers, is made very simple and agreeable: †* ;Free International ATM-cum-Debit Card for which yearly support charges are not gathered * Online booking of contributions for Lord Sri Guruvayurappan, liberated from bank charges * O Withdrawal of money from the ATMs of different Banks liberated from bank charges (As charges would be borne by SIB) * O Free utility installment and internet business administrations * ;No specification on least parity ;The contributor appreciating numerous complimentary gifts can procure the standard SB premium * ;The investor can work his SB account â€during his movement/impermanent exchange/move bother free * ;The record can be shut/moved to another branch with out any charge * ;Free of cost check leaves (subject to limits in every class ) * ;Free store move office

Money, Money, Money ... Essays - Monetary Economics,

Cash, Money, Money ... Cash is something that not all individuals are honored with. For some, it is an uncommon product. For a considerable length of time individuals have constantly looked to get cash. It has been their main impetus throughout everyday life, it is the reason they do the things they do. A few people consider cash to be being the ticket getting power. Others see cash as the pass to getting regard. Still others consider cash to be the pass to remaining alive. Quite a while prior there was no cash. Individuals bargained, or exchanged. There was no purchasing and selling, simply trading. The world was less complex back then. These days cash is taking new structures. Individuals exchange stocks day by day over the Internet. They pay for things with plastic cards. Are these sorts of cash What is a dollar note in any case A bit of paper with a dead president's face on it. For what reason does this piece of paper have esteem Gold and silver are the valuable metals that all cash is in view of. However, for what reason do these components of nature control our lives the manner in which they do Why is cash so significant in our lives Money assumes a significant job in everybody's lives. Without it we face an existence of modesty and destitution. In spite of the fact that cash may not be unforgettable to us, it's significance in our lives is unrivaled by some other, will we say................................ item... Cash is something that not all individuals are honored with. For some, it is an uncommon item. For a considerable length of time individuals have constantly looked to get cash. It has been their main impetus throughout everyday life, it is the reason they do the things they do. A few people consider cash to be being the ticket getting power. Others consider cash to be the pass to getting regard. Still others consider cash to be the pass to remaining alive. Quite a while back there was no cash. Individuals dealt, or exchanged. There was no purchasing and selling, simply trading. The world was more straightforward back in those days. These days cash is taking new structures. Individuals exchange stocks every day over the Internet. They pay for things with plastic cards. Are these sorts of cash What is a dollar note in any case A bit of paper with a dead president's face on it. For what reason does this slip of paper have esteem Gold and silver are the valuable metals that all cash depends on. In any case, for what reason do these components of nature control our lives the manner in which they do Why is cash so significant in our lives Money assumes a significant job in everybody's lives. Without it we face an existence of modesty and destitution. Despite the fact that cash may not be of high repute to us, it's significance in our lives is unparalleled by some other, will we say, product. English Essays

Critical Analysis Of A Health Issue-OBESITY Example

Critical Analysis Of A Health Issue-OBESITY Example Critical Analysis Of A Health Issue-OBESITY â€" Essay Example > The Sociology of Obesity2009Obesity is considered to be one of the most serious killer diseases in America. It has been estimated that as many as three in five Americans are overweight, one in three is obese and 100,000 people die of obesity every year (BBC, 2003). The standard definition of obesity is in terms of the Body Mass Index (BMI), which is body weight in kilograms divided in the squared height in meters. A person is considered overweight when the BMI is greater than 25 and obesity when BMI is greater than 35. According the National Center for Health Statistics Report of 2004, based on surveys during 1999 to 2002, 31 percent of American adults were obese, compared to 15 percent a decade earlier. Another 34 percent were categorized overweight, 33 percent normal and only 2 percent underweight (Pew Research Center, 2006). Researchers have also found that much of the obesity is related to excessive consumption of junk food that is high on fat. Typically, obesity is discussed i n terms of socio-economic parameters like price-induced growth in consumption and racial differences in lifestyles and dietary patterns. Usually, the fast food industry had mainly been blamed for resulting obesity as it provides ‘junk’ food that is high in fat, the low prices enabled by the elimination of table service and assembly-type production system. Fast food, particularly McDonald’s, has become the icon of middle class aspiration and value for money. However, with economic growth and globalization, consumers have more money to spend on eating out and are also willing to spend more to stay healthy. Over the recent past, McDonald’s and other fast food companies have faced a number of lawsuits for posing health hazards. The first such suit was filed in New York Supreme Court by a group of overweight Americans against McDonald's, Burger King, Wendy's and Kentucky Fried Chicken for tempting them with food that contained excessive grease, salt and sugar. In England, two G reenpeace activists were engaged in the longest ever libel trial in the country beginning in 1994 when McDonald’s sued them over the pamphlet, “What’s Wrong with McDonald’s” that they distributed (BBC Special). Although McDonald’s won the case and was awarded GBP 60,000 in damages, it dealt a severe public image blow to the company. However, lifestyle rather than the availability of inexpensive food catered by the fast food industry is the main reason for obesity. In a Pew Research Center (2006), it was found that most Americans realize that lifestyle and personal dietary conditions are the main reason for obesity. In the survey, 85 percent respondents reported to be more overweight than five years ago while only 67 percent considered this as a major problem. While lack of exercise and willpower about controlling diet are the main reasons for obesity, half the people surveyed said the type of food supplied by restaurants and supermarkets are the main causes while one th ird said obesity is genetically determined. Like in America, obesity is an epidemic in other developed countries. For example, it was found in a study in Sweden, obesity has increased in the decade of 1990s from the previous decade. The rise is highest among the middle-aged and particularly so among women. The relationship between obesity is also seen to be negative with education for women (Lissner, et al, 2000). Another study in Australia found that there are gender, ethnicity, culture and social class influences in childhood obesity (Odea, 2008). While there are differences in the levels of obesity among European-Australians and indigenous Australians, the adoption of a western lifestyle by the indigenous people are leading to similar health problems, including obesity, among the two groups of population in Australia.

Analysis Of Bwis Ad Campaign - 1059 Words

In utilizing hypothesis testing, BWI’s ad campaign that states the average airfares from BWI are lower than averages fares from Dulles. The average (one-way) fares from Dulles over comparable routes is claimed to be $165. If there is a 10% level of significance with over 100 degrees of freedom, there is evidence that the mean sale price is actually not less than those at Dulles. In Figure 1, the t score equals -1.47. Therefore, the null must be rejected because the absolute value of T (1.47) is greater than T of alpha (1.28) for the upper-tail test. The Dulles average fare of $165 is greater than the average fares of BWI of $158.33 (from Figure 2). Average fares at BWI are actually less than the fares at Dulles. Thus, because the null is rejected, there would be a Type I error. If the null is rejected, but BWI accepts the null as true, then the Type I error would prove problematic. The univariate estimate of fares in question previous aforementioned in the above statement, also known as the point estimate method, can be improved by using another common type of univariate estimation technique. In the point-estimate approach, we randomly choose a fare that would fall under the range most of the fares in the data set fell under. Yet, the interval estimate method is more accurate to use because point-estimate is technically impossible because probability at a specific point is always zero. So, the interval estimates for the average fare with a 90% confidence level would be

The Harmful Effects Of Smoking Tobacco - 1547 Words

The Harmful Effects of Smoking Tobacco My purpose for writing this paper is to educate the reader of the harms and effects done onto a person from smoking Tobacco and persuade anyone thinking about or attempting to smoke Tobacco to consider the following for your own benefit. I will cover most harmful effects Tobacco has on not only the person using it but also the people around them. I will also show both sides of the argument with both the pros and the cons of smoking Tobacco as well as provide an argument for why Tobacco is bad for you and should be a banned substance like many other already illegal drugs. The history of Tobacco goes all the way to before the Americas were discovered by the Europeans and when it was only roamed by the natives inhabiting it. The Tobacco plant was originally used by the Native Indians at the time for many different reasons some being for medical and others being ritual related and in some cases it was used for coming of age ceremonies. â€Å"Europeans believed that tobacco could cure almost anything, from bad breath to cancer†(The History of Tobacco). The smoking of Tobacco was also originally only used for these such things and not for recreational purposes this did not change until the Tobacco plant was quickly spread throughout the europeans soon after the Americas were discovered and this was the start of the current Tobacco that we are familiar with and know today. One argument people have for protecting Tobacco is that Tobacco hasShow MoreRelatedHarmful Effects of Smoking1418 Words   |  6 PagesHarmful effects of smoking Doan Thi Huong Thao BAIU08155 International University HCMC Academic English 2 Bien Thi Thanh Mai Instructor May 17, 2010 Abstract Smoking is known to be a primary cause of harmful effects on health, family, environment and society. However, scientist research in health and environment, that researches show that smoking cause many diseases, even lung cancer. An aim of my study has been to determine that smoking also effect on family and society. Results indicatedRead MorePublic Awareness of Smoking and Tobacco663 Words   |  3 Pageshazards of smoking is increasing, but it is still important to outline the main health problems that are associated with tobacco use. Tobacco smoking is apparently the most preventable cause of death in the United States, (Smoking: Health Hazards, 2005). The specific hazards of smoking include damage to the lungs, heart, and brain (Smoking: Health Hazards, 2005). According to Martin (2008), There are approximately 4000 chemicals in cigarettes, hundreds of which are toxic. Cigarette smoking is addictiveRead MoreEffects Of Cigarette Smoking Among Adult Smokers1264 Words   |  6 PagesAbstract The Los Angeles County Department of Health Services developed a survey for the assessment of cigarette smoking among adult smokers. The assessment showed that there has been a significant decrease/decline in cigarette smoking amongst adults in the year of 2003. The survey proved that fewer adults are smoking in Los Angeles County than if the rate of smoking had remained the same as in previous years. This paper evaluates the findings in the assessment conducted by Los Angeles County DepartmentRead MoreTobacco Industry : Make Tobacco Products Illegal1009 Words   |  5 Pages Make Tobacco Products Illegal Ellen Gossett Trevecca Nazarene University Abstract It can be argued that tobacco products are one of the deadliest legal drugs in the history of mankind. Most of the countries around the world are making progress to ban the sale of tobacco products and reduce smoking. Over the years, there has been a steady decline in global tobacco use; however, their needs to be steeper taxation on tobacco products, bans on smoking advertisements, incentives towards reducedRead MoreEssay on Smoking in America1122 Words   |  5 PagesSmoking in America In the United States today, more than forty six million Americans are addicted to cigarettes. More people have died due to cigarette smoking than from narcotic drugs, World Wars I and II, and the Vietnam War combined (Bailey 1). The annual death toll for cigarette smoking is more than four-hundred thousand Americans a year, and is the number-one preventable cause of death in the United States. If Americans are aware of the lethal effects of smoking, why is it still so popularRead MoreHealth Risks of Tobacco Use Today Essay1238 Words   |  5 Pages Tobacco Use Tobacco is a tall plant with wide leaves. The leaves are dried out and grinded up into little shreds and rolled up in paper making cigarettes. However, while cigarette companies are creating their product, they add many harmful chemicals, which are generally called tar, and toxic gases are added as well. Cigarettes are highly addictive because of a natural chemical in tobacco called nicotine. Though tobacco is harmful, you have to be 18 years old to purchase them from a store. In theRead MoreThe Health Effects Of Water Pipe Smoking1528 Words   |  7 Pages Water-pipe smoking has become increasingly popular in the United States. Its potential impact on life-threatening conditions, nicotine dependence, and because of the lack of knowledge about its health effects, water-pipe smoking represents various public health hazards (Dugas 1). The health effects of smoking hookah are constantly misjudged, causing young adults to believe they are smoking without consequences to their well-being . This may not be their fault considering the media’s misrepresentationRead MoreE Cigarettes, The Next Big Thing1612 Words   |  7 Pageswar against tobacco, or they are insidious menace that threatens to get kids hooked on nicotine and make smoking socially acceptable again† (Morin). E-cigarettes are now becoming more widespread, especially among young people. The electronic cigarette industry is growing rapidly in the United States due to the rising demand, which is stirring up opinions and research among the masses. While supporters argue that it is a safer and cheaper way of smoking and helpful for quality tobacco, opponents argueRead MoreInformative Speech : Effects Of Smoking816 Words   |  4 Pages Informative Speech Title: Effects of Smoking Speaker: Kevon Jones, Florida Agricultural and Mechanical University student Specific Purpose: To persuade the audience to avoid smoking Thesis Statement: Smoking has many dangerous effects on a smoker s health and the health of those around them; it harms every organ in the body and leads to premature death. Introduction I. Attention getter: According to Tobacco-Free Kids, â€Å"about 400,000 people die from their own smoking each year, and about 50,000Read MoreHarmful Effects of Smoking806 Words   |  4 PagesSmoking has become very common and fashionable, especially among young boys. This habit usually begins at school when boys try to experiment with every new thing that they can lay their hands on. Despite the warnings given by doctors about the ill-effects of smoking, people continue to smoke. Smokers are addicted to it, and even if they want to, they cannot refrain from picking up a cigar or cigarette and puffing away. Some youngsters smoke for the sake of society and some feel that would make them

Improving socials skills Free Essays

string(61) " they care have the most well rounded students that I teach\." Social/Cultural: The child recognizes his/her parents as safe people. Environmental: Improving socials skills, developing friendships, Improving self-confidence, and aiding the care ever. Developmental: A central task of adolescence is to develop a sense of oneself as an autonomous individual. We will write a custom essay sample on Improving socials skills or any similar topic only for you Order Now The drive for such autonomy derives from the internal, biological processes marking the transition to a more adult role (puberty and increasing cognitive maturity) and from the shifts in social roles and expectations that accompany these underlying physiological and cognitive changes. Spiritual: It is difficult to identify the infant’s spiritual needs because of their limited ability to communicate on a linguistic level. However, positive experiences of love and affection, and a stimulating environment may foster aspects of spirituality such as hope and security in an Infant. Young children encompass the first three stages of Spiritual Development. Intellectual: This stage Is essential for determine the learning pattern of the child. This stage the child also learns problem solving skills. Emotional: Growing In a safe and happy environment Is also crucial for your child’s long-term development. The more exposure to these activities, the better developed Overall Reflection: A stage is a period of time, perhaps several years, during which a arson’s activities (at least in one broad domain) have certain characteristics in common† (Frederick Belittle, 2010). This model really says that people develop at different level and stages. Being a teacher I can agree with this theory. I can tell a change with 7th graders that I teach and see some maturity from the beginning of the year to the end of the year. In the incremental model development is seen as a change that is made gradually over time. This is a contrast to the stage model which views change as abrupt. (Frederick Belittle, 2010) Both the incremental and the ultrasonically model believe that change takes place more gradually and continuously. (Frederick Belittle, 2010) I think that the life wheel can help explain how as human throughout our lives we evolve over time throughout our lives. It also can show at different parts of our lives we focus on one or more aspects of the life wheel. Reference: Frederick, P. C. , Belittle, P. (2010). The life span: Human development for helping professions (3rd deed. ). Upper Saddle River, NJ: Pearson Education, Inc. Week Two: The Early Years: Physical: When a child is born they begin developing strength from large muscles to mall muscles. When children are young they need to do many activities to strengthen their large and small muscles. Something I realized is that muscle skill development and maintaining healthy body are essential in life later for reading, writing and math. Social/Cultural: In this stage the child develop a sense of self and a sense of belonging to a family. They begin interacting with other children and they also play in stages (playing alone, playing near others but not really playing with them, not wanting to share, playing and sharing, and playing with a purpose). This tag is also were the child also learn to respect the rights and feelings of others. Environmental: A child’s environment plays a big role in their development. Exposure to different forms of activities that exercise the analytical and creative sides of the brain are important. Developmental: (Week 1-3 only: Reflection may include characteristics of this stage) Spiritual: The pre-stage is infancy before language and conceptual thought. Sometime between two and seven a child enters intuitive/ projective faith marked by the rise of imagination, but lacks logic for questioning perceptions or fantasies. Next, children progress into mythic/literal faith. Here the child develops a way of dealing with the world and making meaning that now criticizes and evaluates the previous stage of imagination and fantasy. Intellectual: When a child is the brain is ready to learn and receive information. In essence the brain is like a computer, it has great potential for development. Having a great childhood greatly influences the way the child develops. Emotional: Doing this period the child will realize that the world does not revolve around them. They learn to trust and mistrust others. As toddlers, they become proud of things they accomplish and egging stating their opinions and desires. They also begin to learn to be away from to solve issues that may arise with others using words. They often control their angry and they learn that it is okay to make mistakes. Overall Reflection: After reading about development through the early years, I think that emotional and environmental developments are the most vital during this period. When we are first conceived the environment is the number factor influencing us. Pigged believed that the mind creates its own knowledge. â€Å"This constructivist stance takes the child to be an active artificial in the learning process, constantly seeking out and trying to make sense of new information. † (Frederick Belittle, 2010) If you look at it from this point of view this is where teachers play an important part in making things catch the attention of students and making it reach them. New research is becoming available often over infant memory and recognition (Frederick Belittle, 2010). This is true in the way that the environment plays a major role in the development process; children are a product of their environment. The belief and behaviors of children are passed down room generation to generation. There are several things that I find myself doing that both my mother and father do. I have read research that says expectant mothers that read to their infants while in the womb have smarter children. Erik Erickson believed that the early years of a child’s life were important to their emotional well-being (Frederick Belittle, 2010). He had stated that the child should be nurtured, loved, and handled well to grow into an optimistic well rounded person (Frederick Belittle, 2010) This is a very true being a teacher I see that the students that have parents hat are active and show that they care and support their child they care have the most well rounded students that I teach. You read "Improving socials skills" in category "Papers" While the students that have the parents that are focused on other things those students are not as much well rounded and willing to think outside of the box. Rebellions. (3rd deed. ). Upper Saddle River, NJ: Pearson Education, Inc. Week Three: Middle Childhood through Early Adolescence: Physical: During the middle years, the child’s growth rate is somewhat slower than in previous years, and certainly less rapid than the growth anticipated during adolescence. These changes contribute to the child’s growing sense of competence in relation to his physical abilities and enha nce his potential for participating in sports, dance, gymnastics, and other physical pursuits. Social/Cultural: A central task of adolescence is to develop a sense of oneself as an autonomous individual. The drive for such autonomy derives from the internal, biological processes marking the transition to a more adult role (puberty and increasing cognitive maturity) and from the shifts in social roles and expectations that accompany these underlying physiological and cognitive changes. Compared to children under age 10, teenagers re given new opportunities to experience independence outside of the home. They spend much more unsupervised time with peers which (compared to adult-child relationships) are relatively equal in terms of interpersonal power and authority. At by adults in the family, in school, and in community-based programs or activities. Environmental: The environmental changes that students experience as they move into middle-grade schools are particularly harmful in that they emphasize competition, social comparison, and self-assessment at a time when the adolescent’s focus on himself or herself is at its height. The Junior high school’s emphasis on discipline and teacher control, and its limited opportunities for student decision making, come at a time in development when adolescents are beginning to think of themselves as young adults who are becoming more responsible and deserve greater adult respect. A poor â€Å"fit† between the early adolescent and the classroom environment increases the risk of disengagement and school problems, especially for those early adolescents who were having difficulty succeeding in school academically prior to this school transition. Developmental: A central task of adolescence is to evolve a sense of oneself as an autonomous individual. The drive for such autonomy derives from the internal, biological processes marking the transition to a more adult role (puberty and increasing cognitive maturity) and from the shifts in social roles and expectations that accompany these underlying physiological and cognitive changes. Compared to children under age 10, teenagers are given new opportunities to experience independence outside of the home. They spend much more unsupervised time with peers which (compared to adult-child relationships) are relatively equal in terms of interpersonal power and authority. At the same time, forever, they continue to rely on the support and guidance offered by adults in the family, in school, and in community-based programs or activities. Spiritual: Part of the child’s development as an individual includes an emerging understanding of the life cycle?of birth, growth, aging, and death. There is an increasing awareness that life fits into a larger scheme of relationships among individuals, groups of people, other living creatures, and the earth itself. School-age children become keenly interested in these topics, especially when confronted with personal experiences such as the birth of a sibling or the death of a grandparent. As children experience these events and learn to view their personal encounters as part of a larger whole, families and communities provide important structure. They define value systems that provide children with basic principles and encourage them to examine their personal actions in light of their impact on those around them. Intellectual: The most important cognitive changes during early adolescence relate to the increasing ability of children to think abstractly, consider the hypothetical as well as the real, consider multiple dimensions of a problem at the same time, and reflect on themselves and on complicated problems. There is also a steady increase in the sophistication of children’s information-processing and learning skills, their knowledge of different subjects, their ability to apply their knowledge to new learning situations, and their awareness of their own strengths and weaknesses as learners. These higher-order cognitive abilities help adolescents regulate their learning and behavior better to accomplish more complicated and elaborate tasks. Emotional: Children in this period need both the freedom of personal expression and the structure of expectations and guidelines that they can understand and accept. Opportunities to interact with other hillier during this period without excessive adult interference is important, same time, children need to have positive interactions with adults, reinforcing their sense of self-esteem, self-worth, and belief in their capability of personal success Overall Reflection: Adolescence and middle childhood, although a time for exploration and the excitement of freedom and gaining maturity, is also a time of struggle when teens work endlessly to identify themselves and come to terms with forthcoming adulthood and separation from family (Berger, 2008). Changes in the intensity of peer relationships help the adolescents in self-discovery and surmount he difficulties of their heightened sense of self. Peer pressure supports the adolescent, although the choice of friends can be either a help or a hindrance depending on the interests of the peers. Adolescence is a time of self-centeredness and self-consciousness when peer pressure can be immense. As teens face social pressures that include experimentation with drugs and other substances, sexuality, and a changing perspective on relationships, their strong social network and the guidance of familial alliances are powerful relationships that mitigate stress during this time. These stages of development include significant changes physically, mentally, and emotionally. The choices made by individuals during these stages have both positive and negative consequences for the individual, his or her peers, and his or her families. Adolescence begins when a flood of hormones triggers puberty, usually between the age of 10 and 14. The release of sex-specific hormones of androgen’s and estrogen by the gonads produce physical and psychological changes. Maturation and increased efficiency of organs and muscles follow a major growth spurt (Berger, 2008). Berger, K. S. (2008). The developing person through the life span (7th deed. ). New York: Worth Week Four: Young to Middle Adulthood: Physical: In this stage young adults complete the process of physical maturation, usually attaining full adult height. Secondary sexual characteristics, such as size of penis and breasts, are completed. Your organs and systems are all operating at peak efficiency in young adulthood, roughly ages 21 to 39. Your body has grown, and your physical potential is set. You can take advantage of that by eating correctly and by working out to get stronger. This is the time in life when you can reach your peak physically. The growth spurt that came during puberty set the ground work for what you are capable of becoming as a young adult. Your body will respond to activities such as running, cardiac training, weight training and diet more predictably during young adulthood than it could when you were in puberty. Social/Cultural: Some of the social changes include divorce, changes in employment (either reaching the peak of career or being unemployable for being â€Å"overqualified†), caring for elderly relatives, and difference in parental responsibilities (either taking them on for later life parents or starting over for some empty nest parents). Arming their own families and invest little in post-secondary education. Doing this period the young adult moves out of their parents home and begin to start their own home. Leaving the parental home to establish one’s own residence, establishing financial independence, completing school, moving into full-time employment, getting married, and becoming a parent are considered key markers of adulthood (Booth, Grouter, and Shannon, 1999). Occupational (Week 4 and 5): During this stage young adults move into adult roles and responsibilities and may learn a trade, work, and/or pursue higher education. They identify career goals and prepare to achieve them. Spiritual: Intellectual: In this stage of life adults fully understand abstract concepts and are aware of consequences and personal limitations. Often times they secure their autonomy and build and test their decision making skills. Often they develop new skills, hobbies, and adult interests. Emotional: Doing this stage of life children become adults, they move into adult relationships with their parents. They begin to see their friends as a less important and begin to think for themselves. They are more empathetic and have greater intimacy skills. Carry some feelings of invincibility. Establish lasting self image and begin to feel self-worth. Overall Reflection: Middle adulthood is a complex time period that requires a multidimensional outlook to understand all of the processes and changes that are taking place. The many changes during middle adulthood include physical, cognitive and social differences. During middle adulthood biological and physical changes become apparent. During this time visual perception, hearing and the reproductive system decline. Adults who have never worn glasses or contact lenses may start needing visual correction. During this time adults may also need more light to see than their younger friends. However, the actual time when one is considered an adult varies from theorists to theorists and can range anywhere from 18 to 25 years of age (Frederick Belittle, 2010). There are also cognitive changes during middle adulthood. There is a mixed pattern of positive and negative changes in cognitive abilities. Processing speed starts to decrease during this time period however crystallized thought does not decline until older age Working memory begins to decline however semantic memory continues to increase as we learning throughout our older years. Theorists such as Chase, Erikson, Valiant, Elevations, Jung, Gould, and soon have all described stages or phases in life- task change (Frederick Belittle, 2010). Theorist have shown that all adults seem to go through the same stages of changes in middle adulthood (Frederick Belittle, 2010). Professionals. 3rd deed. ). Upper Saddle River, NJ:Pearson Education, Inc. Physical: Often times the person become less active and the health begin declining. Sometimes at this age you will find older people that are very active and in better shape than some of the younger adults. Social/Cultural: The person has friends that hey spend most of their time with and are very comfortable with the person that they are. Environmental: Often times at this age you will find older parents living at home with their students or either in a personal care home. Occupational (Week 4 and 5): Doing this stage in life the person has either retired from the career or Job. Sometimes you will find older adults retired but working part time to remain active in not settle with the end of life. Spiritual: Most older adults often face many losses as they age, so doing the lifetime they often turn to religion and to spirituality as ways to Andre their losses. A lot of older adults can often quote spirituals from the bible. Intellectual: Doing this stage the mind gets weaker. They become unable to react quickly, or solve puzzles quickly than they could when they were younger. They don’t think less, Just become slower Emotional: Sometimes in this age the older adult is faced with depression since they often have faced many losses be that from children, spouses, and/or friends. Overall Reflection: Erikson felt that much of life is preparing for the middle adulthood stage and the last stage is recovering from it. Perhaps that s because as older adults we can often look back on our lives with happiness and are content, feeling fulfilled with a deep sense that life has meaning and we’ve made a contribution to life, a feeling Erikson calls integrity. Our strength comes from a wisdom that the world is very large and we now have a detached concern for the whole of life, accepting death as the completion of life. Aging starts during the middle adult stage then it will continue to intensify until the person reaches the end. As aging progress, the body also progress, we slowly die as our neurons in the brain die, and our skins sag. Aging is inevitable it happens to everybody, we suggest that we should be happy up to the last day we live and not live in the stage of Erikson, which is the despair. Maintaining good health becomes more challenging with age, as the immune system becomes progressively less effective†¦ And as the cardiovascular, respiratory, and organ systems function less adequately’ (Frederick Belittle, 2010). On the other hand, some adults may reach this stage and despair at their experiences and perceived failures. They may fear death as they struggle to find a purpose to their lives, wondering â€Å"Was the trip worth it? Alternatively, they may feel they have all the answers (not unlike going back to adolescence) and end with a strong dogmatism that only their view has been correct. How to cite Improving socials skills, Papers

Smart Car free essay sample

The companys vision is to provide unparallelled safety and comfort on the roads along with the options to choose from a lot of versions. The unique selling points of the car are technology, design, customization, space (small size yet large interior) and being environmentally-friendly. SMART is positioned as a highly customizable and safe compact car for city use, targeting students, old people, business people, and working ladies. Micro Compact Car AG (MCC), a wholly owned subsidiary of Daimler-Benz (formerly a joint venture of Daimler-Benz and Swatch), is the company behind Smart. Together these manufacturers have developed what they call a new mobility concept that relieves the heavy environmental pressure caused by present traffic while still ensuring continuous individual mobility. MCC management could go back and look on numerous peaks: a completely new brand had been developed; a production site had been developed and constructed from scratch, pilot marketing of brand and product concept had raised high levels of customer awareness and interest in European markets; a dealer and marketing organization had been developed and was ready for product launch. We will write a custom essay sample on Smart Car or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Moreover, the supply-chain concept development went beyond existing practices in the automotive industry on a number of points: customers can contribute to the configuration of products; lead-times for cars are counted in weeks; suppliers have co-invested in the production location and have taken over shares of primary assembly beyond existing levels; the added value of MCC during production is approximately only a remaining 10% of the production cost-price. Overlooking the development and installation of the supply chain, all of which had been done since the first feasibility study of Mercedes in 1993 and the foundation of MCC in 1994, the management team realized it was facing a new set of challenges. The supply chain are completely new in the market and go beyond such existing practices as supplier involvement, outsourcing and modular production in the industry. Modules such as complete frontor rear ends are pre-assembled on site and suppliers are involved in design and final assembly through co-ownership of the site, co-design and some major share in the manufacturing activities. Given the untraditional approach, MCC executives face some fundamental challenges including how to manage and control a supply chain in which MCC only adds some 15% of the operational value added. This question is not only relevant to MCC but to the Daimler- Benz Corporation as a whole, which has set Smart as a strategic learning project. Moreover, the concept being brought to practice by MCC is generally accepted by leading car-manufacturers as of key importance to future industry developments. Manufacturers and suppliers therefore monitor the successes and failures of MCC, as the results will mark the future organization of their companies and of the supply chain. Smart has now been an issue of concern as its sales performance has not met the companys expectations. Abandoning smart was also an option many considered ,yet some executives see it as an investment for the future unfolding potential for growth and profitability. Smart cars made losses in the late 1990s and continued to do so in the early 2000s. In February 2005, Reuters reported that the Smart car had made a loss of about 600 million euros in 2004 and sales have remained relatively low compared to the companys forecasted numbers up until now. It seems as if the mobility concept of smart cars did not quite take off as the company had originally hoped. Questions have been raised whether or not the smart cars are truly economical and if its benefits justify its cost. Challenges to the Smart car involve a number of different aspects. Even though the car has proven to be good for its size, it doesnt really provide the perception of safety, particularly its highway performance. When on the highway, the Smart Car tends to become twitchy and unsettling. There is also no clutch on the Smart Car. Due to this, when shifting gears, the driver must be very patient. Furthermore, a Smart car might not appeal to consumers who are price sensitive, as its starting price is 11,590 dollars for a base model which could potentially put off consumers by the price , and particularly for the two-seat configuration which further limits their target market due to the fact that the car has size constraints. Smart cars are left somewhere in between as they are priced higher than other compact cars alternatives whereas they, at the same time, lack the superiority in design comparing to that other models in the Mercedes line. The original smart concept envisaged that a wide range of mobility services would be offered to owners through a package to be offered as ‘smartmove’. In some cases, these services were to be offered with discounted rates and preferential treatment, as an incentive for customer purchase, particularly among those who are environmentally aware. Although the potential for links with transport providers, including vehicle hire companies, opens up the possibility that owning a car may not be the only convenient way, or the ‘best’ way for a person to ensure getting from one place to another, it might pose a very complicated message to buyers as one would certainly hope that buying a car at more than 12,000dollars would provide them the convenience and utility they seek. One of the â€Å"benefits† allowing customers to use their personal Smart card to get discounts on renting a car they need at Avis for a vacation or family outing is unquestionably ironic for a person who has just purchased a car unless these cars do not provide the same utilization, possibly in terms of capacity and speed, which this â€Å"smartmove† concept might have geared customers towards the wrong idea. MCC has proposed an electric rechargeable version of the smart car that is intended to be in mass production of the vehicle by 2012. With depletion of oil reserves and increase in pollution levels all over the world, governments and communities are awakening to the several benefits of electric vehicle technology: they are non-polluting and quiet, they can be charged easily saving owners the need to queue at gasoline stations, Electric vehicles are mostly charged at night, when power consumption is low, therefore making more efficient use of power plants, they are easy to service and maintain and most EVs have a very low operating and maintenance cost. SMART should exploit the current market conditions that have been geared towards environmental concerns and go forth with the the electric cars as it is congruent with the original concept of being environmentally friendly. Since its inception, Mercedes-Benz has maintained a reputation for its quality and durability. They can lose the Smart line completely and go by as one of the models of Mercedes Benz. However, the initial investment was too high and that exit barriers would require a large amount of fund as well. The more important aspect could be that of the long-term reputation if they were to drop the Smart line and shut down the Hambach plant as it would affect thousands of workers as well as the relationship with long term suppliers. Ethical issues could be raised which could ultimately affect the Mercedes brand as a whole. At this point, it would be wiser for Mercedes to fix the problem instead of abandoning it. SMART should continually assess market conditions to adjust their branding strategy, vehicle designs and concepts. SMART should certainly utilize the Mercedes-Benz know-how on designs and innovative technologies while focusing on its electric vehicle as its core value, possibly through training programs. This would undoubtedly call for further integration between Mercedes Benz and SMART. The car would have looked innovative 20 years ago with its current design. While Smart cars may meet with wide acceptance in Europe, MCC may need to modify the product to meet consumers’ expectations if they would want to further expand and penetrate in other markets. They should establish more distribution centers and spend more on advertisements, promotions and test trials as a market penetration strategy for their current products in their current markets. As Smart cars are primarily well known for customer personalization, they should offer a highest degree of customization to meet and exceed customers expectations. They should also look at a diversification strategy where they can produce compact buses and trucks for city use to further ease the traffic on the roads. One more thing SMART should do is to broaden the target market. They need to make the electric/ hybrid cars more appealing for consumers of wider range. SMART should focus on becoming the leader in the compact electronic vehicle segment, which could be achieved through design improvement, enhancement of technology. They could re-brand itself in terms of customers perception to meet that of a Mercedes lineup while maintaining its core value of being an environmentally-friendly compact in-city vehicle.