Mba Question Paper free essay sample

Recognize useful dangerous clash, with models. [15] Q6) Elaborate the significance authentic foundation of OB. Q7) Write short notes on (Any 3). a) b) c) d) e) Decentralization. Occupation fulfillment. Standards of dynamic. Arrangement of thought processes. Significance of administration. [15] ***** Total No. of Questions : 7] [Total No. of Pages : 1 P708 [3875] 13 M. B. A. (Sem. I) (Old) 103 : MANAGERIAL ECONOMICS (2005 Pattern) [Max. Imprints : 70 Time : 3 Hours] Instructions to the competitors: 1) 2) 3) Attempt any 5 inquiries. All inquiries convey equivalent imprints. Draw charts any place essential. Q1) Define ? Administrative Economics?. Clarify it? s nature Scope. Q2) Why is Joint stock organization type of Business association well known? Q3) Explain idea of ? Value Elasticity of Demand? regarding types, techniques and commonsense use. Q4) Explain ? Law of variable Proportions? with model. Q5) How cost and yield is resolved in short run and since quite a while ago run under states of impeccable rivalry? Q6) What is ? Money saving advantage Analysis Explain steps and support for the utilization of money saving advantage examination. We will compose a custom exposition test on Mba Question Paper or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Q7) Write short notes (any 2). a) b) c) d) Break Even Analysis. Troubles experienced in National Income bookkeeping. Special cases to the Law of gracefully. Requirement for request estimating. ***** Total No. of Questions : 5] [Total No. of Pages : 4 P709 [3875] 14 M. B. A. (Sem. I) 104 : STATISTICAL AND QUANTITATIVE METHODS (2005 Pattern) [Max. Imprints : 70 Time : 3 Hours] Instructions to the competitors: 1) 2) 3) 4) 5) Handwriting ought to be perfect and clear. Question No. 1 is necessary. Endeavor any 3 inquiries from the remaining. Utilization of electronic mini-computer factual tables are permitted. Chart paper will be provided on demand. Q1) Answer any 5. a) coming up next are the loads of 80 youngsters living in a general public. Discover middle. 5 each] I) ii) By computation. By chart. 10 15 20 25 30 35 40 45-50 4 6 10 5 7 3 9 6 Weights No. of Children b) An insurance agency guaranteed 1500 bike drivers, 3500 vehicle drivers and 5000 truck drivers. The likelihood of a mishap is 0. 050, 0. 02 and 0. 10 separately in the event of bike, vehicle and truck drivers. One of the safeguarded indivi duals meets a mishap what is the likelihood that he is a vehicle driver. Compute coefficient of relationship among proficiency and joblessness from the accompanying information Total grown-ups 10000 Total literates Total jobless Literate jobless 1290 1390 500 P. T. O. c) d) The downpour fall conveyance in storm season is as per the following: Rain in a Frequency 0 50 1 25 2 15 3 5 4 3 5 2 Simulate the precipitation for 10 days utilizing the accompanying irregular factors. 67, 63, 39, 55, 29, 78, 70, 06, 78, 76 and locate the normal precipitation. e) f) g) Write a note of lining hypothesis and depict the qualities of lining model. Ascertain R2. 13 and r23. 1 given r12 = 0. 6, r13 = 0. 7, r23 = 0. 65 Suggest the ideal task plan for the accompanying task issue: Salesman I A B C 80 75 78 Markets II 70 75 78 III 75 80 82 IV 72 85 78 What will be complete most extreme deal. Q2) a) The mean and S. D of 100 things are determined as 60 and 7 individually. Two things 35 and 47 were wrongly duplicated as 53 and 74 compute right mean and S. D [7] In a fitness test controlled to 1000 youngsters the score should follow typical appropriation with normal score 45 and S. D 25. [8] I) ii) iii) Q3) a) Find the quantity of youngsters surpassing the score 60. What is the score of the kids with the goal that 10% of the kids surpass this score. What is the score of the kids so 16% of the kids are underneath this score. b) Certain mass delivered articles of which 0. % are flawed , are pressed in containers each containing 160 articles. [7] I) What extent of containers is liberated from deficient articles. ii) iii) What extent contains at least 2 defectives. What extent contains at the most 2 defectives. - 2-[3875] 14 b) The notice cost and deals are given in the accompanying table. Advt. Cost (Rs. ) 35 Sales (Rs. Lakh) 23 I) ii) 25 27 29 26 31 21 27 24 20 33 29 36 30 [8] Calculate relationship coefficient. Gauge deals when promotion cost is Rs. 100. Q4) a) Determine the ideal procedures of both the players and estimation of the game. 6] B An I II III IV I 4 II 3 III 1 7 4 3 IV 3 - 5 - 1 - 2 V 2 1 2 VI 2 b) The results of 3 plants X,Y,Z are to be moved to 4 stockrooms I,II,III,IV. The expense of transportation of every unit from the plant to the distribution centers alongside ordinary limits of plants and stockrooms are [9] demonstrated beneath. Stockrooms Plants X Y Z Requirement 25 15 16 300 17 10 20 300 25 18 08 500 14 24 13 500 300 500 I II III IV Availability Find the ideal arrangement. Q5) an) A firm creates 3 items A,B,C. It utilizes 2 crude materials I and II of which 5000 and 7500 units can be utilized for creation of A,B and C. Item A requires 3 units of crude material I and 5 units of crude material II per units, comparing necessities per units of B are 4 and 3 units of crude material I II resp. what's more, C requires 5 units of crude material I and II each. The work time to create 1 unit of An is twice required to deliver 1 unit of B and is multiple times required to deliver 1 unit of C. The whole - 3-[3875] 14 work power of the firm can deliver likeness 3000 units of item A. The base interest for 3 items is 600,650 and 500 units resp. Benefits per unit of A , B and C are Rs. 50, Rs. 60 and Rs. 60. Define the LPP. 7] b) A little industry finds from past information that cost of making a thing is Rs. 25. The S. P of a thing is Rs. 30. On the off chance that it isn't sold inside seven days, it could be arranged off at Rs. 20. Toward the finish of seven days information for deals are given underneath. Week after week deals No, of weeks 4 10 5 20 6 40 7 30 Find ideal number of things every week the business should buy. [8] ***** [3875] 14 - 4-Total No. of Questions : 7] [Total No. of Pages : 1 P710 [3875] 15 M. B. A. I 105 : LEGAL ASPECTS OF BUSINESS (2005 Pattern) [Max. Imprints : 70 Time : 3 Hours] Instructions to the applicants: 1) 2) Solve any 5 inquiries. All inquiries convey equivalent imprints. Q1) Define contract. Clarify basic components of agreement. Q2) Explain lawful arrangements identifying with free assent in detail. Q3) Explain in detail rights and liabilities of a specialist. Q4) Define deal. Clarify fundamentals of substantial deal under offer of products Act. Q5) Define Promissory note. Clarify its attributes in detail. Q6) Define purchaser. Clarify privileges of shoppers. Q7) Write short notes (Any 2). a) b) c) Electronic Governance. Advanced mark. Check. ***** Total No. of Questions : 7] [Total No. of Pages : 1 P711 [3875] 16 M. B. A. (Sem. I) (106) : BASICS OF MARKETING (2005 Pattern) [Max. Imprints : 70 Time : 3 Hours] Instructions to the up-and-comers: 1) 2) All inquiries convey equivalent imprints. Endeavor any five inquiries. Q1) Explain the 4P? s idea and its criticalness to the promoting director. Q2) Define Market division and clarify the bases of sectioning the 4 wheeler advertise. Q3) Explain with models devices and procedures of Marketing Control. Q4) Discuss different limited time devices accessible to a national advertiser of readymade furniture. Q5) Explain with reasonable models the idea of Product Life Cycle. Q6) Write a point by point note on center ideas of advertising. Q7) Write short notes on any two: a) b) c) Online Marketing. Situating. Promoting Myopia. ***** Total No. of Questions : 7] [Total No. of Pages : 1 P712 [3875] 21 M. B. A. (Sem. II) 201 : MARKETING MANAGEMENT (2005 Pattern) [Max. Imprints : 70 Time : 3 Hours] Instructions to the applicants: 1) 2) 3) All inquiries convey equivalent imprints. Question 1 is Compulsory. Compose any four inquiries among the rest of the inquiries. Q1) Iova Industries mean to dispatch their new scope of sodas in Indian Market. As a showcasing supervisor, which steps you might want to take to dispatch this novel item? Make nesessory suppositions and legitimize your answer. Additionally intricate your technique on test showcasing. Q2) Define the term Marketing Mix. Clarify the hugeness of fitting Marketing Mix in the present serious condition. Q3) What is warehousing? What are its sorts? Clarify its significance. Q4) Discuss the valuing procedures for a FMCG item in a profoundly serious market. Q5) What is the noteworthiness of bundling and marking in today? s advertise. Likewise clarify about the new patterns in bundling. Q6) Discuss the effect of advance innovation and web on advancement. Q7) Write short notes (Any two). a) b) c) d) E promoting. Marking choices. Expanded Ps of promoting. Decrease stage in item life cycle. ***** Total No. of Questions : 7] [Total No. of Pages :2 P713 [3875] 22 M. B. A. (202) : FINANCIAL MANAGEMENT (2005 Pattern) (Sem. II) [Max. Imprints : 70 Time : 3 Hours] Instructions to the up-and-comers: 1) Q. No. 1 is necessary. 2) Attempt any four inquiries from the rest. 3) All inquiries convey equivalent imprints. Q1) ? Capital Budgeting choices are amazingly troublesome and critical for any specialty unit.? Clarify in detail. What are the instruments accessible for evaluation? Q2) ? Working Capital Management is a tradeoff among Risk and Return.? Do you concur? Clarify. Q3) Explain the idea of a Cash stream articulation what is the essentialness of an income explanation? Q4) What are the significant profit strategies. Q5) ABC Company has the accompanying chosen resources and liabilities: Rs. Money 45,000/Retained Earnings 1,60,000/Equity share capital 1,50,000/Debtor? s 60,000/Inventory 1,11,000/Debentures 1,00,000/Provision for tax collection 57,000/Expenses exceptional 21,000/Land and building 3,00,000/Goodwill 50,000/Furniture 25,000/39,000/Creditors You are required to decide (1) Gross working capital and (2) Net working capital. P. T. O. Q6) From the accompanying data make out propri

The Taming of The Shrew Themes

'The Taming of The Shrew' Themes Lets look at the two significant topics that drive Shakespeares The Taming of The Shrew. Subject: Marriage The play is at last about finding a reasonable accomplice for marriage. The inspirations for marriage in the play shift gigantically, in any case. Petruccio is just truly inspired by marriage for financial increase. Bianca, then again, is in it for affection. Lucentio has made a huge effort to win Bianca’s favor and to become acquainted with her better before focusing on marriage. He camouflages himself as her Latin educator so as to invest more energy with her and to pick up her expressions of love. In any case, Lucentio is just allowed to wed Bianca in light of the fact that he has figured out how to persuade her dad that he is unfathomably rich. Had Hortensio offered Baptista more cash he would have hitched Bianca in spite of her being enamored with Lucentio. Hortensio agrees to union with the widow after his union with Bianca is cannot. He would prefer to be hitched to somebody than have nobody. It is normal in Shakespearian comedies that they end in marriage. The Taming of the Shrew doesn't end with a marriage yet watches a few as the play goes on. In addition, the play considers the effect that a marriage has on relatives, companions and workers and on how a relationship and bond is shaped from there on. There is a type of elopement where Bianca and Lucentio go off and wed stealthily, a proper marriage among Petruccio and Katherine where the social and financial agreement is vital, and the marriage among Hortensio and the widow which is less about wild love and enthusiasm yet progressively about friendship and accommodation. Topic: Social Mobility and Class The play is worried about social versatility which is improved through marriage in Petruccio’s case, or through camouflage and impersonation. Tranio claims to be Lucentio and has all the trappings of his lord while his lord turns into a hireling of sorts in turning into a Latin instructor for Baptista’s little girls. The Local Lord toward the start of the play ponders whether a typical Tinker can be persuaded he is a master in the correct conditions and whether he can persuade others regarding his honorability. Here, through Sly and Tranio Shakespeare investigates whether social class is to do with all the trappings or something progressively basic. Taking everything into account, one could contend that being of high status is just of any utilization if individuals consider you are of that status. Vincentio is decreased to a ‘faded old man’ in Petruccio’s eyes when he is experienced en route to Baptista’s house, Katherine recognizes him as a lady (who could get any lower on the social layers?). Truth be told, Vincentio is too incredible and rich, his economic wellbeing is the thing that persuades Baptista that his child is deserving of his daughter’s deliver marriage. Economic wellbeing and class are thusly significant however transient and open to defilement. Katherine is furious in light of the fact that she doesn't fit in with what is anticipated from her by her situation in the public eye. She attempts to battle against the desires for her family, companions and economic wellbeing, her marriage at last powers her to acknowledge her job as spouse and she discovers bliss in at last complying with her job. At long last, the play directs that each character must adjust to his situation in the public arena. Tranio is reestablished to his worker status, Lucentio back to his situation as a rich beneficiary. Katherine is at long last trained to comply with her position. In an extra section to the play even Christopher Sly is come back to his situation outside the alehouse having been deprived of his luxury: Go take him effectively up and put him in his own attire again and lay him in where we found him just underneath the alehouse side below.(Additional Passages Line 2-4) Shakespeare proposes it is conceivable to swindle class and social limits yet that reality will win out and one must comply with ones situation in the public arena in the event that we are to carry on with an upbeat life.

Transformational Writing

Transformational Writing The men Jerked to the floor, every single social boundary obliterated by the eccentric idea of death. Privates and Generals the same wriggled in the foulness, their looking through hands covering delicate pink substance, dreading the spooky tunnel of a slug. Jack slumped, limp like a fish. His face covered itself into the earth and broke the dry hull his jawline burrowing into the clingy layer beneath, expanding like an open injury. He heard the proportion party strike the floor their substance spilling out into the mud.He heard a scratching groan get away from Evans' lips, his shoulder pounding the fire step ponderously. He heard the calls of men and the roar of a crow, ridiculing the silly slaughter. And afterward quietness. The dominoes had fallen. Jack folded his hands over his head, snuggling his face into the mud as a child would a chest looking for the insurance of thick underground hearty dividers and for a second he overlooked the war, he disregarded Evans and Shaw and Weir and rather he was sat at home with Margaret, seat pulled up by Johns bed, savoring his children face running his hands through his wispy hair.The guarantee he had made Margaret reverberated in his psyche, her develop includes thick with concern coated over im, â€Å"l am going t' surivive this wicked war, I'm going to return home and care for my significant other and we're going to develop old together and on sundays we'll visit Johns grave and†¦ † He recalled the lost Sandbags. Gingergly he raised his head, others were mixing around him.Weirs broken body lay spread in the rottenness, his arms spreading at odd points, soil swimming into his open mouth, contaminating each pore. â€Å"Sir! † Jack murmured, â€Å"Its 0k, the boche missed. † No answer. â€Å"Sir! † No answer. Presently on his feet, Jack edged his way towards Weir, commando style in he earth, his eyes blazing apprehensively towards the missing sandbags. â€Å"Wei r! † mud splattered his face, his elbows working with vigour.Blood siphoned from the leave twisted in the rear of Weirs' head, soaking his neck and tunic. His delicate top lay overlooked in the earth, brushed off the thinning up top head. Jack groaned. Supporting his skippers' body in his arms he called for help, â€Å"Someone get me a surgeon, he more likely than not fallen unconcious! † Evans', Fielding and Jones looked at the pair with a tragic articulation. â€Å"Its Just a scratch! † Jack cried in answer to the now coagulating blood, â€Å"Just a scratch! † By bighame

APA Citation Examples

APA Citation Examples APA Citation An APA citation is a specific way to format a reference to a text that is used in the publication of another text. APA stands for American Psychological Association. APA style is used for articles, books, and other manuscripts in the sciences and social sciences. When a writer references information from other sources in his/her manuscript, a citation is necessary. APA style requires in-text citations, and a complete list of references at the end. Examples of APA Citation: In-text citations for APA are formatted according to these rules: 1. The author and the year of publication are required. You can put these in parentheses at the end of the reference or quotation from the work. You separate the author's last name from the year of publication using a comma. You can also incorporate the name of the author and sometimes the name of the author and the year into the sentence: a. Smith (2010) argues that . . . b. In 2010, Smith's study . . . c. The study has led to advancements in treatment options (Smith, 2010). 2. If there is more than one author, you would refer to both: a. The study has led to advancements in treatment options (Smith & Jones, 2010). 3. If there are more than 2 authors, you follow slightly different rules. a. Three to five authors-list all in the first citation and then just use the first author's name and "et al." after: i. (Smith, Jones, Heath, & Bruce, 2010) ii. (Smith et al., 2010) b. With 6 or more authors, just use the first author's name and "et al." for all citations: i. (Smith et al., 2010) 4. If you quote directly from the text, you also need to include the page number-preceded by "p.": a. Smith (2010) claims, "Sunscreen can only protect you from so much sun damage" (p. 34). At the end of an APA manuscript, you also include a references section. This contains complete information about the works that have been cited or referenced in the text. These references are arranged by author's name alphabetically. They also include the author's/authors' name(s), year of publication, title of the work, and publication information. There are rules that govern how to format various types of sources, including electronic sources. For complete information refer to the current edition of the Publication Manual of the American Psychological Association. Here are a few examples of APA citations from a reference section: Coburn, C.E., & Stein, M. K. (2006). Communities of practice theory and the role of teacher professional community in policy implementation. In M.I. Honig (Ed.), New Directions in Education Policy Implementation: Confronting Complexity (pp. 25-46). Albany, NY: SUNY. Cuban, L. (1991). Curriculum stability and change. In P. W. Jackson, (Ed.), Handbook of research on curriculum (pp. 216-247). NY: Macmillan. Dahlkemper, L. (2013). What does scientifically based research mean for schools. SEDL Letter, 15(1). Retrieved from www.sedl.org/pubs/sedl-letter/v15n01/2.hmtl Denton, C. A., Nimon, K., Mathes, P. G., Swanson, E. A., Kethley, C., Kurz, T. B., & Shih, M. (2010). Effectiveness of a supplemental early reading intervention scaled up in multiple schools. Exceptional Children, 76(4), 394-416. Available at http://www.cec.sped.org/Content/NavigationMenu/Publications2/ExceptionalChildren/default.htm

Nietzsche, Christianity, And The Misunderstanding Of Jesus...

Nietzsche, Christianity, and the Misunderstanding of Jesus In the works of Friedrich Nietzsche, there is perhaps no group of people that is criticized more than Christians and the Christian Church. While Nietzsche shows a great aversion for western philosophy in general, one could certainly make the argument that his critiques against Christianity are just as equally as incisive, if not more. This comes across perhaps most clearly in his work, entitled The Anti-Christ, in which Nietzsche offers us a look into the beliefs of Christianity and its central figure, Jesus Christ, as well as the ways in which he believes Christians fail. It is important to recognize these shortcomings, but it is equally important to investigate the emotional tool they use, termed ressentiment, that rises from their misunderstanding of Jesus. Christians, according to Nietzsche, through their progression in ressentiment misunderstand Jesus through his death and teachings. In order to understand these things, we must first investigate the lens through which Christians understand Christ, namely ressentiment. The process of ressentiment begins with the establishment of a master and slave morality. The development of this concept is best explained by Nietzsche in his Genealogy of Morals: â€Å"everywhere ‘noble’, ‘aristocratic’, in social terms is the basic concept from which, necessarily, ‘good’†¦ developed: a development that always runs parallel with that other one which ultimately transfers ‘common’,Show MoreRelatedNietzsche s On The Genealogy Of Morals1668 Words   |  7 Pageschose to expand my ideas and compare them to Friedrich Nietzsche’s first essay in â€Å"On the Genealogy of Morals.† Nietzsche first debunks the ideas of Nietzsche sees two types of morality at play creating these original definitions of good bad and evil, master morality and slave morality. I will also use Nietzsche’s concept of â€Å"will to power† to evaluate each of these ideas. Nietzsche believes that the will to power is the force that pushes humankind. To clarify for my readers, I’m looking to separate

Ethical Hacking In The Society Free Samples †MyAssignmenthelp.com

Question: Discuss about the Ethical Hacking In The Society. Answer: Ethical hacking is a technical way of identifying the vulnerabilities and weaknesses in a computer system by duplicating the intents and the actions of an illegal hacker. By the process of ethical hacking, an ethical hacker tests the security of the computer system and tries to implement specific ways by which hacking can be stopped (Bechtsoudis Sklavos, 2012). The ethical hackers or the white hat hackers use the technique of hacking as a defensive tool (Prasad Manjula, 2014) on behalf of the owners of the system. The white hat hackers or the ethical hackers checks the data of the system and detects the holes in the security system to identify those data that have the risk of getting accessed by the malicious hackers. In this essay we are going to talk about the benefits of ethical hacking and how this can help in the advance of the society. Checking of the different things like the data that are visible to the hacker, what a hacker can do with the accessed data is done along with checking the possibilities of getting any type notifications if any hacking attempts are made (Bansal Arora, 2012). There are various impacts of ethical hacking in the society. Few of the effects are beneficial for the community whereas some effects are not at all beneficial. The effects of the ethical hacking on our society are discussed below (Sheoran Singh,2014). Hacking techniques are taught to the students who are interested in learning these new methods. Students are provided with security courses to make them understand the need of ethical hacking and what are the effects of ethical hacking. These courses are making the student more interested as they are able to hack anyones system or any type of peripheral devices.by organising certain workshops and trainings among the students it is possible to make the students understand that without the presence of ethics the ethical hacking is not good at all (Curbelo Cruz, 2013). Impacts of ethical hacking on the business: The operations of the businesses are almost impossible without the use of IT. IT helps in making the data in electronic form. Ethical hacking helps in detecting the problems associated with the IT system of the businesses. Besides finding the problems and disclosing them it also provides suggestions for solving them. There are also some effects on the technology like ethical hacking helps in detecting the deficiencies of the technology. Ethical hacking also helps in protecting the confidential data as well. It also helps in increasing the security of the IT system as well (Conrad, 2012). Information security includes the ways that are designed for the purpose of implementing and designing to protect any informations from any risks like hacking, misuse of the data and many more. Ethical hacking includes the following for the purpose of securing the data. Perimeter intrusive penetration testing is to be done for simulating a destructive attack from any external sources like internet, identity system weakness and after that exploitation of them for the purpose of gaining access to the network of the organisation and the other sensitive data of the organisation (Chowdappa, Subbulakshmi, Kumar, 2014). The activity mainly includes the testing for the purpose of testing the security system of the of the IT infrastructure. The internal network scanning is also included for the purpose of scanning the network and make attempts for accessing the computer system of the user without informing them or giving them a limited amount of information. Reviews needs to be done for the configuration on the identified network components and servers configurations for the purpose of determining the configurations that are not right. This also includes the application security and data security also (Juneja, 2013). Vulnerability assessment mainly refers to the defining and the classification of the network or the system resources along with assigning of the different levels of information to the resources. This also includes the way of identifying the different threats that are associated with different resources and then implement certain strategies for the purpose of dealing with the threats. The final step includes the definition of the ways implemented for the purpose of minimizing the effects of the attacks. There remains a need for the disclosure of the vulnerabilities after identifying the vulnerabilities (Bechtsoudis Sklavos, 2012). The vulnerabilities in the system are analysed by the use of ethical hacking. According to the level of importance the vulnerability is fixed that means if the vulnerability is of high importance then it has to fixed immediately and if it is of low importance then a certain amount of time is allocated to the vendors for the purpose of fixing the problem. Wh ite hat hackers or the ethical hackers mainly performs the task of identifying the problems by means of ethical techniques (Umrao, Kaur Gupta, 2012). Cyber-attacks are very much common nowadays and companies are facing a lot problem due to this issue. Attacks are mainly done by the hackers or some internal employees of the company. Proper ethical hacking methods should be adapted to detect the risks associated with the IT security system of the organisation. Proper vulnerability assessment should be adopted by every organisations to avoid the risks associated with problems. Ethical hacking is a legal process, and it is an essential way of protecting the system. Ethical hackers detect the problems in the security systems and suggest methods by which these issues can be solved. Hacking may be illegal or legal and can be classified according to the good or bad The ethical hackers access the data and identifies the problems and then discloses the problems to the organisation. This help in taking certain measures to prevent the attacks. Everyone should be aware of the things going around them and keep themselves updated about the thing s that are going around them. Ethical hacking helps the organisations in solving the problems associated the IT infrastructure. The steps that are associated with the vulnerability assessment significantly works for the detection and solving the problems. Ethical hacking is possible only after receiving the permission of the owners of the system. Ethical hacking is a legal process and by providing proper knowledge about it can greatly influence todays society. Its necessary for every organisation to adopt ethical methods for the betterment of their organisation. References: Bansal, A., Arora, M. (2012). Ethical Hacking and Social Security.Radix International Journal of Research in Social Science,1(11), 1-16. Bechtsoudis, A., Sklavos, N. (2012). Aiming at higher network security through extensive penetration tests.IEEE latin america transactions,10(3), 1752-1756. Chowdappa, K. B., Subbulakshmi, S., Kumar, P. P. (2014). Ethical hacking techniques with penetration testing.International journal of computer science and information technologies,5(3), 3389-3393. Conrad, J. (2012). Seeking help: the important role of ethical hackers.Network Security,2012(8), 5-8. Juneja, G. K. (2013). Ethical hacking: A technique to enhance information security.International Journal of Innovative Research in Science, Engineering and Technology,2(12), 7575-7580. Prasad, M., Manjula, B. (2014). Ethical Hacking Tools: A Situational Awareness.Int J. Emerging Tec. Comp. Sc. Elec,11, 33-38. Sheoran, P., Singh, S. (2014). Applications of Ethical Hacking. International Journal of Enhanced Research in Science Technology Engineering, 3(5), 112-114. Umrao, S. A. C. H. I. N., Kaur, M. A. N. D. E. E. P., Gupta, G. K. (2012). Vulnerability assessment and penetration testing.International Journal of Computer Communication Technology,3(6-8), 71-74.

Popular Study Destination

Popular Study Destination France is the country that can be proud of its 90 universities, all of which provide high quality of teaching, comprehensive study, and world-class research, plenty of business schools, research institutes, and engineering colleges. There are also various fields of study to choose from, as well as a great number of specialists and experts in those areas. These and many other features encourage students from all over the world to apply to universities in France. According to The Times Higher Education Ranking, there are 10 best and most respected French universities, which occupy the top positions in world’s charts. Let’s consider each one separately and in detail. École Normale Supà ©rieure Without a doubt, École Normale Supà ©rieure is the best university in France, located in Paris. This institution is a part of the grandes à ©coles  system, which means only students with great impressive academic performance are able to study there. École Normale Supà ©rieure excels in sciences, humanities, research, arts, and culture; offers a diversity of undergraduate and postgraduate programs in various subject areas. What is more, it provides efficient career options in academia, government, and culture for the alumni. École Polytechnique (ParisTech) Although École Polytechnique is located in Parisian suburbs and admits only 3,000 students a year, this university is no less popular than the previous institution. Focusing primarily on science, engineering, and technology, this establishment has many courses and facilities to offer. Students of École Polytechnique can enjoy such services like libraries, sports activities, scholarships, student unions, exchange programs, financial aid, scholarships, and others. Pierre and Marie Curie University This university was founded in 1970 and is famous for its big intake (over 34,000 students, 20% international). Pierre and Marie Curie University has eight teaching hospitals, 120 research laboratories, and 16 doctoral schools that make it the biggest scientific and medical complex in France. Apart from medicine, the graduates excel in mathematics, chemistry, and physics. University of Paris Sud Paris-Sud University is a great institution, which admits up to 30,000 applicants including almost 5,000 international students from 130 countries around the world. It has gained popularity thanks to efficient chemistry and physics research, as well as courses in science and mathematics. Paris-Sud University produced Nobel Prize winners, leading academics, and famous business people. Centrale Supà ©lec Being one of the youngest universities in France, Centrale Supà ©lec was formed by École Centrale Paris and École Supà ©rieure dElectricità © in 2015. It offers research and degree programs in science and engineering. The graduates are able to work as entrepreneurs, managers, and on-the-ground engineers. ESPCI ParisTech The School of Industrial Physics and Chemistry (ESPCI ParisTech) was established in Paris in 1882. As a coeducational institution, it provides courses for pre-bachelor degrees (diplomas, certificates, associate or foundation degrees), bachelor degrees, and doctorate degrees. Ecole Normale Supà ©rieure de Lyon This university is thought to be one of the elite establishments in France that teaches humanities and sciences and trains researchers. Founded 30 years ago, Ecole Normale Supà ©rieure de Lyon hasn’t got much popularity yet, but day by day increases the number of worthwhile programs, activities and facilities including internships and scholarships, study abroad programs, sports services, etc. Paris Descartes University In honor of the great philosopher Rene Descartes and his achievements in sciences, this institution provides pre-bachelor, bachelor, master and doctorate degrees in pharmacy, medicine, social sciences, and humanities; some formation and research centers. Sorbonne Paris Cità © Università © Paris Diderot Paris Diderot University is a prestigious and multidisciplinary higher education institution that was founded in 1970 in Paris. Today, it has a big number of undergraduates (at least 25,000 students), more than 2000 experienced educators and researchers, who excel in medicine, psychology, science and humanities. MINES ParisTech MINES ParisTech (or National Graduate School of Engineering) is a small, but a prominent university in Paris. It boasts 18 research centers, partnerships with other institutions and companies, up to 300 research professors, and plenty of successful and satisfied students. Moreover, it is home to the first school for collaborative research.

American Themes Essays - Politics, Philosophy, Political Philosophy

American Themes Essays - Politics, Philosophy, Political Philosophy American Themes American Theme-Individualism Literary works reflect the main ideas of the American mind. An American theme that is seen in various works of literature is individuality. Individuality is expressed in three different literary works from Frost, Chopin, and Paine. These works of literature aid us in developing an open mind about what the American people should expect in society. Following others doesnt guide us in any way because it does not allow for us to express our innermost feelings. Throughout these three works, individualism is expressed in various ways. Although all three works do illustrate the idea of individualism, Paine seems to approach it in a different way. Robert Frosts poem, The Road Not Taken, is an insightful idealistic attempt in illustrating the paradox of free will. In the first line, Frost uses the metaphor Two roads diverged (1), to establish not only the hard decision the traveler must make in the poem, but life itself. The decisions we make in life, like the traveler in this poem are not to be taken carelessly. Many have a desire to be adventurous, yet we fear possibilities of failing if we are different from others. In this poem, the road that he decides to take is wanted wear. This road is not a well-traveled path and no one has taken it before. The central idea of Frosts poem is individualism. Frost shows that being his own person makes life so much easier. Frost shows us that we should all express our feelings and be our own person, even if no one else will follow. He took the path that no one else did and that has made all the difference. Similarly, in Kate Chopins short story The Story of an Hour, the central theme of individuality is also expressed. When Mrs. Mallard received the news of her husband s death, she was in a deep state of grief. After she realized that she would now have freedom, she began to rejoice. Even though she loved her husband and will weep for him again, one thought comes to her over and over again: free, free, free!(546). Mrs. Mallard realizes at that instant that her life from now on is her own to live as she chooses; no more will she have to give in to the needs and wishes of her husband. She experiences a sense of independence to be who she wants to be without having to worry about her husband. This reflects the idea of individuality because Mrs. Mallard would live for herself(548). She was delighted to be able to make her own decisions and be free! Body and soul free(548). In contrast, Thomas Paines The Crisis, Number 1, expresses the theme of individualism in a different way. I love the man that can smile at trouble: that can gather strength from distress, and grow brave by reflection(124). Thomas Paine illustrates the idea that those who are free and can look at themselves and see that they live their own life without anyone else, have courage. People, who decide to be independent and not follow anyone else, demonstrate their bravery. Paine expresses his thoughts on giving up on something. He feels that we should strive for what we want to do for though the flame of liberty may sometimes cease to shine, the coal can never expire(125). Therefore, we can see that American themes do imitate the essential thoughts of the American mind. Most American people illustrate the American theme of individualism and it plays a major role in shaping our world today.

Capital Budgeting Case Study Example | Topics and Well Written Essays - 750 words

Capital Budgeting - Case Study Example Introduction Investment decisions are synonymous to capital budgeting decisions (Peterson, 2000). Capital budgeting is a complex issue prone to past and future liquidity issues. Many expansion plans by corporations usually necessitate the mobilization of funds either from external sources or within the company. Either of these decisions have profound impact on the operational ability of the firm. External debt in particular may suffer from the influence of outstanding external debt, which may limit the amounts and nature of funding a company can add to its total credit. This latter situations describe the state of affairs at McKenzie Corporation, where the company’s ability to raise outside debt is barred by conditions imposed on the company for a prior $14 million bond issue by the company. Consequently, the company has to rely solely on equity, which will incur the company $1.4 million. This report evaluates the company with regard to different economic climates. Expected Va lue of the Company The table below shows the value of the company without expansion and with expansion given the expected economic situations expected next year. Economic Growth EV (Without Expansion) EV (With Expansion) Low $3,300,000 $3,900,000 Normal $8,750,000 $12,000,000 High $4,500,000 $5,700,000 Total Value $16,550,000 $21,600,000 The expected value of the company without any expansion is $16,550,000, while the value of the company with expansion is $21,600,000. Clearly, the company will report a better valuation with the expansion than without the expansion. Consequently, the company’s investors would fare better with the expansion as the value of their investment in the company would be more than $5,050,000. A positive cash flow is an indication of a viable business venture (Docsity, 2011). Expected Value of the Company’s Debt, with and without Expansion The only thing that would increase a company’s debt obligation would be the acquisition of further d ebt obligations. The value of the debt would remain at the same value of $1.4 million, since the expansion would be funded by using equity and not debt. However, the debt will be reduced by $14 million next year, since the bond gets mature and paid off by the company. Value Creation Expected from the Expansion The expansion of the company will increase the value of the company. However, the move will also incur additional capital expenses that require further adjustment (Drake, 2007) from the total value of the company after expansion in order to obtain the real value created by the expansion. Expected value without the expansion: $16,550,000 Expected value with the expansion: $21,600,000 Value of financing using equity: $4,500,000 Value with the expansion: $21,600,000 – $4,500,000 = $17,100,000 Therefore, the net value created for the shareholders from expanding will be $17,100,000 - $16,550,000 = $550,000. The bond value would remain constant; therefore, the value creation for the bondholders will be $0. Price of the Bonds If the Company Announces That It Will Not Expand If the company does not expand, the price of the bonds will remain as it stands this year. The bondholders will receive the same amount of cash as before. If the company expands, however, the company’

Film Analysis and it's Applications Coursework

Film Analysis and it's Applications - Coursework Example Belfort divorces his loyal wife, begins using both drugs and prostitutes and is a fraudster. He commits a number of crimes as he operates his company aggressively often flaunting some existing laws that govern the operation of stock brokerage firms. The film provides an effective criticism of the society by proving the claim that â€Å"power corrupts† as the main character becomes increasingly powerful. The fact that the film is an adaption of a real life story makes it effective in representing the lives of some of the wealthiest people in the first world. Wall Street, for example, is a representation of America’s financial hub. The 0.7-mile street produces hundreds of millionaires on a yearly basis. The film provides the society with a view to the operations of the stockbrokers. This way, the film shows how the individuals generate their wealth. The film provides a systematic and equally effective criticism of the society thereby influencing the cultural values. From the rise and fall of Belfort in the film, the audience understands the importance of humility, respect, ethical business operations and obedience to the

Carbon in the form of a pencil Essay Example for Free

Carbon in the form of a pencil Essay Although with this line I could not prove that width and resistance of a carbon track have an inversely proportional relationship, this means that as one increases the other decreases in proportion. Although to show that this relationship applies in this case I have to plot in a graph resistance against the reciprocal of the width (which is 1 divided by the width). When I did this the graph produced a set of results which when a line of best fit was drawn it produced a straight line which passed through zero. This means that my prediction that width and resistance would be inversely proportional was true. The shape of the initial graph of width against resistance also shows simply that as the width increases the resistance decreases. The resistance also decreases far quicker for the smaller widths and as the width gets to about 5cm although it is still decreasing it is much more gradual. Evaluation: I believe that using my results I can draw useful and correct observations this is because I repeated every reading I took three times and then averaged them. I then plotted the graphs with the averaged results meaning that they are fairly reliable. Although, there are some results I feel especially on the width and resistance graphs that appear anomalous and I would have liked to repeat these readings again but due to time restraints I couldnt. In particular the resistances of the widths above 4cm appear incongruent. This may be because on the larger widths the contact did not span the entire width of the carbon track (as shown in the diagram below) although on the smaller widths, which produced the results, I had expected it did span the entire width. The results may have also been affected by the fact that the contacts remained in the same place for every reading, meaning that towards the end as the contact had a fairly sharp edge the carbon where the readings were being taken may have been rubbed off. This would mean that the resistance would be greater than expected which is the case in the later results. Therefore if was to do the experiment again and had unlimited time I would have redrawn the width line every time so that the effect of the contacts rubbing off carbon would not have an effect. This is because the contact would not have been removed from the track and so no carbon could be removed from the track. Another improvement to the experiment I would make would be improving the accuracy of the carbon track. This would mean that the carbon would be uniformly thick throughout the line and would go exactly up to the line and not pass it. This is so that we could know that the resistance was of exactly 5cm was not the resistance of between 4. 5cm and 5. 5cm. To do this I would make a template for the carbon track, which, could be coloured in ensuring that the carbon would no go past where it is, desired which happens no matter how hard you try to stay within the lines. An example of this is in the carbon track I drew, which appears to be quite good in that no carbon went over the lines but on closer inspection it in place is over a millimetre past the line. My carbon line in normal view: As you can see the line appears perfect. Magnified view of Carbon track: This closer view shows that the carbon track is by no means perfect and this degree inaccuracy means that the results may not be what they should. The patterns in my graphs were fairly obvious to find and I believe that when I did use a straight fit best line instead of a curve it was acceptable because it was more fitting for the readings. Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Electricity and Magnetism section. Download this essay Print Save Not the one? Search for

Macbeth essay :: essays research papers

A Character in Her Own Right   Ã‚  Ã‚  Ã‚  Ã‚  Behind all the great men of Shakespeare, there is a women close behind, who is often over looked. These women are just as crucial of a character as the men they follow. In William Shakespeare’s Macbeth, Macbeth is a mere tool, there to carry out orders for his wife, both of whom desire nothing more than to rule. Together they will do anything, including murder, achieve their goal. Lady Macbeth proves to be a tragic figure and possess every capability that a man is able to. Although female, Lady Macbeth has proven herself as a central influence to the plot of the story, her strong, individualistic ways and ruthless plans prove to be the rise and downfall of her husbands reign as king and death, as well as her own.   Ã‚  Ã‚  Ã‚  Ã‚  When the reader is first introduced to Lady Macbeth in acts one and two, they receive some insight into who she is and what she stands for. Lady Macbeth is reading a letter from her husband and learns of his desire to be king and to what lengths he claims he will go to achieve it. In her response, the presence of a realistic mind set is obvious. She frankly tells her husband that he can not be a good man while taking what is not his. She gets straight to the point and uses other tactics of persuasion to make sure her point is clear. â€Å"Hie thee hither. / That I may pour my spirits in thine ear/ And chastise with the valor of my tongue/ All that impedes thee from the golden round† (I.iiiii.24-27). Here she is using her sexual hold over Macbeth to further her power over him and get her own way. Lady Macbeth also proves to be truly ruthless as she wishes herself a man filled with cruelty and thick blood so she will not feel any remorse. She also speaks of bashing babies against the wall and wishing for night so that her knife can not see what is does and heaven can not tell her to stop. Lady Macbeth will not let her husband back out of the plot and clearly has thought of everything so the murder goes just the way she wants. She does everything except the actual deed. Lady Macbeth states to her husband, â€Å"My hands are of your color, but I shame/ To wear a heart so white† (II.

How and why Muhammad was opposed in Makkah Essay

The prophet Muhammad preached in Makkah to bring people in the right path and to believe in one god. However, he was opposed in many ways possible by many people mainly the Quraish. There were many reasons why people opposed the prophet Muhammad in Makkah and many were due to selfish needs such as wealth and power. The prophet Muhammad was opposed in many ways such as verbal and physical abuse. The Quraish were the main people to oppose Muhammad in Makkah. The opposition of the Quraish to the message of Islam greatly influenced the rest of the Arabs to reject Islam as well. In fact the influence of the Quraish was so great that even if they had not exerted themselves in their resistance they still could have swayed the people. That was because all of the Arabs looked to the Quraish and waited for their approval for many reasons such as the high status of the Quraish in the hearts of the Arabs. They revered the Quraish because they were the people who lived close to the Kabah. For this reason the other Arabs honored and respected the Quraish and took pride in rushing to fulfill any need that they might have for food, drink or other things as well. Although Muhammad’s preaching was basically religious, there was implicit in it a critique of the conduct and attitudes of the rich merchants of Mecca. Attempts were made to get him to soften his criticism by offering him a fuller share in trade and a marriage alliance with one of the wealthiest families, but he decisively rejected such offers. Points in the message of the Qur’an were questioned, such as the assertion that men would be resurrected before the Judgment. Commercial pressure was brought to bear on Muhammad’s supporters, and in some families there was mild persecution of junior members who followed him. In about 616 Abu Jahl organized a boycott of the clan of Hashim by the chief clans of Mecca, all egedly because the clan continued to protect Muhammad and did not curb his preaching; but, since few of the clan were Muslims, other questions may have been involved. After three years the boycott lost momentum, perhaps because some of the participants found they were harming their own economic interests. Many in Makkah had become rich, as the city was a central trade hub and a spiritual center for polytheism. They did not appreciate Muhammad’s message of embracing social equality, rejecting idols, and sharing wealth with the poor and needy. Thus, many of  the Prophet Muhammad’s early followers were among the lower classes, slaves, and women. These early Muslim followers were subject to horrible mistreatment by the Makkan upper classes. Several were tortured, others were killed, and some took temporary refuge in Abyssinia. The Makkan tribes then organized a social boycott of the Muslims, not allowing people to trade with, care for, or socialize with the Muslims. In the harsh desert climate, this was essentially a death sentence. The Makkans got together to try and get rid of Muhammad (pbuh) and his teachings. They had already openl y opposed it in public and had even tried to ridicule and slander the Prophet (pbuh). They had spoken to Abu Talib and asked him to withdraw his support and protection for Muhammad (pbuh). They had failed each time and Muhammad (pbuh) continued to preach and slowly the message was spreading. There were only a few months until the pilgrimage would be performed and Makkah would be flooded with many Arabs from all over the peninsula. They wanted to get together and sort out Muhammad (pbuh) and his preaching. They wanted to get together and formulate a new plan! They wanted to minimise the effect of the teachings of Islam upon the pilgrims. They decided if they joined forces they might be able to sort out Muhammad (pbuh). They would make things up, spread rumours and lies so that people stay away from Muhammad (pbuh) and don’t listen to his message. Someone suggested that they accuse Muhammad (pbuh) of being a sorcerer, using magic to trick and influence people. Another said they say that Muhammad (pbuh) is just a madman and is preaching nonsense. Another suggested they say that an evil spirit possesses Muhammad (pbuh) and that the Arabs should ignore him and keep away from him. Another suggested that they say that Muhammad (pbuh) was just a poet and the message of th e Qur’an was just poetry. The fact of the matter was that none of these allegations were true and the Makkans knew this. How could they try and combat the message of Muhammad (pbuh) and how could they halt his message from being preached. They decided that they would consult Al-Waleed bin Al-Mugheerah – a very influential person in his tribe. Al-Waleed listened to all these allegations against the prophet (pbuh) and dismissed them all. He, however, found that the most plausible way would be to suggest that Muhammad (pbuh) was a magician and  that he used magic words to influence people. They said that his ‘magic’ words would separate a father from his son, a husband from his wife, a man from his clan†¦ They finally decided that this was the best excuse they could use to discredit Muhammad (pbuh). They would tell the pilgrims that Muhammad (pbuh) was a powerful sorcerer and that they should avoid him at all costs. To conclude, Muhammad was opposed in Makkah because rich people didnâ €™t want to lose their power, status or wealth. Also because they believed that the idols they worshipped were good enough for their fathers. Their forefathers and so were good enough for them.

MT Bank - Understanding Whats Important - Free Essay Example

Sample details Pages: 10 Words: 3039 Downloads: 1 Date added: 2017/06/26 Category Economics Essay Type Analytical essay Did you like this example? MT Bank Table of Contents Abstract History Industry Assessment SWOT Analysis Strengths Weaknesses Opportunities Threats Stakeholder Analysis Financial Analysis BCG Matrix Recommendations.15 Works Cited16 Tables Table 1 Top 50 Commercial Banks (USA) Table 2 FDIC Ratios Table 3 MT Competitors Don’t waste time! Our writers will create an original "MT Bank Understanding Whats Important" essay for you Create order Figures Figure 1- Loans to Assets Ratio Figure 2 Asset Growth Figure 3 Loan Growth Figure 4 BCG Matrix..14 Abstract For my final project I have chosen to examine MT Bank. It will be of importance to examine the industry as whole, perform a SWOT analysis, and review financial statements. Through examining each of these factors a clearer understanding of how MT Bank operates in the commercial banking industry will be generated. Thereafter, a conclusion will be drawn on how MT Bank should pursue their future in the banking industry. History MT Bank was founded in 1856 in Buffalo, NY as the Manufacturers and Traders Bank by Pascal Pratt and Bronson Rumsey. By the end of this decade the bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s ownership increased from 13 founding stockholders to over 145, all of which received a primary dividend of four percent. Fast forwarding to the beginning of the twenty first century MT Bank began acquiring not only land and buildings throughout Buffalo, NY but also other banks. The 1970à ¢Ã¢â€š ¬Ã¢â€ž ¢s ushered in a new ear for MT Bank, this began with the hiring of a new chairman and CEO; Robert Wilmers. Currently, Wilmers is still the CEO of MT Bank and has been able to perpetuate the tradition of long standing success. Through continued success MT has been able to acquire other banks and expand its reach into Pennsylvania, Virginia, and Washington DC. By 2011 the bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s assets reached nearly $80 Billion making it the 24th largest bank in the United States. Industry Assessment The industry that MT currently operates is the commercial banking industry. The commercial banking industry has seen much change over the past century, this change has predominately occurred from government intervention. The basic aim of government regulation is to ensure that firms are able to be competitive while also preventing market failures. These include natural monopolies, excessive competition, and economic rents. To help with this overall goal the government tends to regulate in two facets; economic and social. An economic regulation deals with the government having a direct or indirect control over the firms in an industry. This is beneficial because it limits markets with monopolies from raising prices too high which would result in unfair payments made by their customers (Conte Karr, 2001). The social aspect of government regulations is seen in antitrust laws. These are laws that prohibit practices or mergers that would ultimately lead to the degradation of competitio n. These regulations play an important part in commercial banking because they are directly correlated to preventing market failures (Conte Karr, 2001). Commercial banking is defined as a financial institution that provides services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit (Commercial Banking, 2014). As of September 2013 there are currently 539 commercial banks with assets over $1 Billion. Of the 539 commercial banks the top 20 banks currently hold 31% market share and the top 50 banks hold 41% market share. Furthermore, the top 20 banks currently hold 59% of totals assets and the top 50 banks hold 70% of all totals assets (Census, 2007). In the commercial banking industry market share and total assets have become the major focus. This most closely aligns with the mantra of the maturity stage of the industry life cycle, firms in this stage are concerned wit h market share. Potential new entrants find these markets unattractive because of high barriers to entry and first mover advantages. Table 1 Top 50 Commercial Banks (USA) Top 50 Commercial Banks (USA) 1 JPMORGAN CHASE BK NA/JPMORGAN CHASE CO 2 BANK OF AMER NA/BANK OF AMER CORP 3 CITIBANK NA/CITIGROUP 4 WELLS FARGO BK NA/WELLS FARGO CO 5 U S BK NA/U S BC 6 PNC BK NA/PNC FNCL SVC GROUP 7 BANK OF NY MELLON/BANK OF NY MELLON CORP 8 CAPITAL ONE NA/CAPITAL ONE FC 9 STATE STREET BTC/STATE STREET CORP 10 T D BK NA/TD US P C HOLD ULC 11 HSBC BK USA NA/HSBC NORTH AMER HOLD 12 BRANCH BKGTC/BBT CORP 13 SUNTRUST BK/SUNTRUST BK 14 FIA CARD SVC NA/BANK OF AMER CORP 15 FIFTH THIRD BK/FIFTH THIRD BC 16 CHASE BK USA NA/JPMORGAN CHASE CO 17 REGIONS BK/REGIONS FC 18 GOLDMAN SACHS BK USA/GOLDMAN SACHS GROUP THE 19 UNION BK NA/UNIONBANCAL CORP 20 RBS CITIZENS NA/RBS CITIZENS FNCL GRP 21 NORTHERN TC/NORTHERN TR CORP 22 ALLY BK/ALLY FNCL 23 BMO HARRIS BK NA/BMO FNCL CORP 24 KEYBANK NA/KEYCORP 25 MORGAN STANLEY BK NA/MORGAN STANLEY 26 MANUFACTURERS TRADERS TC/MT BK CORP 27 CAPITAL ONE BK USA NA/CAPITAL ONE FC 28 SOVEREIGN BK NA/SANTANDER HOLDS USA 29 DISCOVER BK/DISCOVER FS 30 COMPASS BK/BBVA COMPASS BSHRS 31 BANK OF THE WEST/BANCWEST CORP 32 COMERICA BK/COMERICA 33 HUNTINGTON NB/HUNTINGTON BSHRS 34 DEUTSCHE BK TC AMERICAS/DEUTSCHE BK TR CORP 35 WELLS FARGO BK S CENT NA/WELLS FARGO CO 36 FIRST REPUBLIC BK/ 37 FIRST NIAGARA BK NA/FIRST NIAGARA FNCL GROUP 38 BOKF NA/BOK FC 39 BANK OF AMER CA NA/BANK OF AMER CORP 40 CITY NB/CITY NAT CORP 41 SYNOVUS BK/SYNOVUS FC 42 FIRST TN BK NA/FIRST HORIZON NAT CORP 43 FIRSTMERIT BK NA/FIRSTMERIT CORP 44 ASSOCIATED BK NA/ASSOCIATED BANC-CORP 45 EAST W BK/EAST W BC 46 FROST BK/CULLEN/FROST BKR 47 COMMERCE BK/COMMERCE BSHRS 48 FIRST-CITIZENS BTC/FIRST CITIZENS BSHRS 49 SILICON VALLEY BK/SVB FNCL GRP 50 BARCLAYS BK DE/BARCLAYS DE HOLDS LLC (FRB, 2014) Mention previously the goal of regulation in the commercial banking industry is to provide a competitive market, this prevents total dominance by a few firms. However, the banking industry is associated with high barriers to entry for new banks because of the regulatory restrictions associated with charters and high costs of capital. High barriers to entry are also associated with markets that are unfavorable to enter because established firms have an exponential advantage. As shown from the previous empirical evidence this industry is highly concentrate in both market share and total assets. In an attempt to reduce barriers to entry the Riegle-Neal Interstate Banking and Branching Efficiency Act was passed. This act changed interstate banking laws for both bank holding companies and individual banks. BHCs and individual banks were given the ability to merge with other banks located in different states. In theory this greatly reduced barriers to entry, however, in pr actice it potentially help top banks become larger and more dominant. SWOT Analysis The SWOT analysis of MT bank will help to evaluate the institutions strengths, weaknesses, opportunities, and threats. Following the conclusions of the analysis will allow for recommendations that leverage MT Banks strengths to take advantage of potential business opportunities. Additionally, this conclusion will allow for a better understanding of operational weaknesses to contest threats to prospective growth. Strengths MT bank has garnered much strength since its founding in 1856. It has grown into one of the countries thirty largest banks with roughly $80 billion in assets. In addition the bank boasts 700 branches and ATMs in 1,500 different locations greatly extending is banking power (MT Bank Corp, 2014). Its growth can be attributed to the acquisition of banks in upstate New York, eastern Pennsylvania, Washington D.C., and the Baltimore region. Market dominance in these select regions has allowed MT to not only create a competitive advantage but also sustain an advantage. Another key strength to MT Bank is the services the bank can offer. To this point we have only mentioned MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s role in the commercial banking industry. However, MT offers services in retail and investment banking. Weaknesses Not only has MT Bank created a competitive advantage in the areas it serves, it has also created a customizable approach to banking that customers love. However, the scope of coverage is limited to eight states which ultimately means the bank has a relatively small to negligible service area in comparison to other banks. MT Bank service area can be seen in above picture. This scenario could sway potential new customers to choose another bank which has a greater physical presence throughout the United States. Opportunities In recent years MT bank has created many opportunities that have positively affected the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s position. Since 2006 MT has acquired over 130 brick and mortar banking locations, many of which are outside the state of New York. Along with the purchase of physical brick and mortar locations MT Banks has purchased other commercial banks such as Wilmington Trust. and Hudson City Bancorp (Rochester, 2014). This was a strategic move that has allowed MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s total assets to increase greatly over the past five years. Since the year 2005, which is a significant year, MT has increased their total assets by nearly 50% (MT Bank Corporation, 2014) Lastly, MT Bank is not only located in the United States but has a location across the border in Toronto, ON. According to bank President Mark Czarnecki, à ¢Ã¢â€š ¬Ã…“à ¢Ã¢â€š ¬Ã‚ ¦our understanding of cross-border commerce, along with decades of experience serving Canadian businesses operating in the U.S., makes Ontario an ideal location for MTs first international commercial bank office (MT Bank, 2010).à ¢Ã¢â€š ¬Ã‚  This branch will not only allow MT to serve a large number of US-based companies operating Canada but will allow MT to differentiate itself from the competition. Threats Since the financial crisis of 2008 à ¢Ã¢â€š ¬Ã¢â‚¬Å" 2009 banking laws and regulations have become more stringent. Regulatory compliance poses an undoubtable burden on MT Bank. Regulatory compliance is also positively correlated to higher cost. One such regulation is Dodd-Frank Act, this act has mandated that banks need to keep higher ratios of capital on hand. Therefore, this limits MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to expand into other regions. Secondly, MT Bank faces other external threats such as the loss of their sustained competitive advantage. This loss can occur because of their small geographical coverage area. Other banks, through acquisitions and mergers, could open branches in similar locations. Thus, this would decrease their market share and potentially make them less valuable. Stakeholder Analysis The stakeholder analysis aims to evaluate the stakeholders of MT Bank. The stakeholders can be broken down into three major groups; Customer both potential and current, investors, and management. Following figure, the interest/power grid allows us to plot current and potential customers in the quadrant à ¢Ã¢â€š ¬Ã…“keep satisfied.à ¢Ã¢â€š ¬Ã‚  The customers of MT Bank are responsible for driving profits without them the bank would be forced to close its doors. The group of investors and management can be grouped into the quadrant labeled keep informed. Keeping investors and especially management informed allows the company to make the best possible decisions. Financial Analysis Table 2 FDIC Ratios Ratio Measures of Bank Performance Identification of Variable What the Variable Measures Loans-to-assets ratio Liquidity and risk. The higher the ratio, the greater the amount of the bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s total portfolio that is subject to default risk Return on Assets (ROA) The bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s profitability. Low ROA may encourage risk taking by the bank. High ROA may indicate high-risk lending to increase profits Asset growth from previous year Risk of growth Loan growth from previous year Risk of growth Salary expenses per employee Managementà ¢Ã¢â€š ¬Ã¢â€ž ¢s control of expenses Interest on loans and leases to total loans and leases (interest yield) The average income of loans. High yields might indicate that the bank is originating high-risk loans. Interest and fee income to total loans and leases (interest fees to loans) Income. The addition of fees to the variables may catch firms that are loading up on fee income. Operating expenses to total expenses Managementà ¢Ã¢â€š ¬Ã¢â€ž ¢s control of expenses. Higher expenses are assumed to be indicators of loose control. (FDIC) The success of any bank depends on several factors which involve many different aspects of the balance sheet. The FDIC has created (Table 2 FDIC Ratios) to help explain the performance of a bank in regard to the balance sheet. Although the entire list is used by the FDIC to ensure a thorough understanding of a bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s performance, not all of these ratios and years are able to be used due to a lack of information. The areas that we will examine in our financial analysis are the total loans to assets ratio, the asset growth from the previous year, the loan growth from the previous year, and the return on assets. To aid in this analysis we will compare MT to the average US bank, and the average New York bank. Figure 1- Loans to Assets Ratio (Mergent Online) (FDIC) The total loans to assets ratio helps to explain the bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s liquidity and risk. The higher the ratio the more likely a banks is to default. Figure (Figure 1- Loans to Asse ts Ratio) upon comparison shows that MT is more likely to default. Although this is an improbable scenario, MT Bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s loan to assets ratio is the riskiest The asset growth and loan growth from the previous year are two ratios that deal with the overall risk of growth. The figures of (Figure 2 Asset Growth Figure 3 Loan Growth) show this comparison. During times of economic prosperity, such as the recovery and peak stage of the economic business cycle, MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s loans and assets increase greatly. However, during downturns in the economy, such as a recession or trough, MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s loans and assets decrease. Furthermore, over the long run MT Bank has experience the best overall growth in loans and assets from the previous years. Figure 2 Asset Growth (Mergent Online) (FDIC) Figure 3 Loan Growth (Mergent Online) (FDIC) 1 Lastly, we examine MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s return on assets. This ratio helps to explain the bankà ¢Ã¢â€š ¬ â„ ¢s profitability. Low ROA may encourage risk taking by the bank and high ROA may indicate high-risk lending to increase profits (FDIC). MT has experience an average ROA of 1.20%, for the banking industry a ROA of slightly higher than 1.5% is optimal (Loth, 2009). BCG Matrix The above BCG Matrix analyses MT Bank and its four closest regional competitors. From the data we can see that that MT is ranked in the à ¢Ã¢â€š ¬Ã…“question markà ¢Ã¢â€š ¬Ã‚  quadrant. It has both a small overall market share and relative markets share. Businesses that are located in this quadrant require vast resources to grow, but whether they will succeed and move into the star quadrant is unknown. Table 3 MT Competitors MT Competitors BCG Matrix Brands Revenues (Billions) Banks Market Share Relative Market Share (RMS) Market Growth Rate MT Bank $4.35 5.18% 0.0738 6.52% PNC $15.30 18.23% 0.2595 12.50% HSBC $58.96 70.26% 1.0000 5.36% First Niagara $1.35 1.61% 0.0229 12.18% KeyCorp $3.96 4.72% 0.0672 0.51% However, of the five banks compared MT has one of the best market growth rates. Additionally, the poor placement of MT Bank on the BCG Matrix can be explained. Two of the banks, HSBC and PNC, currently reside in the top twenty banks nationally. As mentioned previously banks in the top twenty control 59% of total assets and 31% of the market share, thus, these two banks adversely skew the data. Furthermore, MT Bank is mid-market regional bank that competes on a regional (North Eastern States) level not on a national level. Figure 4 BCG Matrix Recommendations For MT Bank to remain successful they should concentrate on two areas of focus. The first area of focus should be on financial ratios. As stated previously, financial ratios are important in understanding the overall performance of the bank. Even though MT was one of the best performing banks through the Great Recession of 2008 they should strive to lower their loan to asset ratio. Their higher than average ratio can lead to the ultimate failure of MT. Secondly, the bank should focus of mergers and acquisitions to help maintain their competitive advantage. MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s current small market size puts them at a potential disadvantage in comparison to their competition. Acquiring other banks would allow them further convey their idea of community banking. This gives customers the personal touch that many large commercial banks are not able to give. The examination of MT Bank versus its competitors at both a national and state level is important in understanding the banks s uccess. MT Bank has succeeded in out performing their competition through not only good economic times, but the same bad ones that have led to the failures of their competition. MTà ¢Ã¢â€š ¬Ã¢â€ž ¢s success is garnered in their mantra of à ¢Ã¢â€š ¬Ã…“community bankingà ¢Ã¢â€š ¬Ã‚  and their ability to exploit their competitive advantage (Throwback, 2014). Works Cited Census Bureau Homepage. Census Bureau Homepage. N.p., n.d. Web. 03 Mar. 2014. Commercial Bank. Investopedia. N.p., n.d. Web. 05 Mar. 2014. Conte, C., Karr, A. R. (2001). An outline of the U.S. economy. Washington, D.C.: U.S. Dept. of State, International Information Programs. FDIC: Statistics on Depository Institutions. FDIC: Statistics on Depository Institutions. N.p., n.d. Web. 05 Mar. 2014. FRB: Large Commercial Banks June 30, 2013. FRB: Large Commercial Banks June 30, 2013. N.p., n.d. Web. 05 Mar. 2014. Loth, Richard. Financial Ratio Tutorial à ¢Ã¢â€š ¬Ã…“ROAà ¢Ã¢â€š ¬Ã‚  Retrieved October 23, 2009, from https://www.investopedia.com/university/ratios/profitability-indicator/ratio3.asp MT Bank Corporation About MT Bank Corporation. MT Bank Corporation About MT Bank Corporation. N.p., n.d. Web. 05 Mar. 2014. MT Bank Corporation MT Bank Approved to Open Canadian Commercial Banking Branch. MT Bank Corporation MT Bank Approved to Open Canadian Comme rcial Banking Branch. N.p., 07 June 2010. Web. 05 Mar. 2014. Rochester Business Journal. MT Acquires Delaware Bank for $351 Million. N.p., n.d. Web. 05 Mar. 2014. Throwback Approach Keeps Wilmers, MT on Top. American Banker RSS. N.p., n.d. Web. 05 Mar. 2014.