IT Doesn’t matter Essay

â€Å"If a company needs evidence of the kind of money that might be saved, it need only look at Microsoft’s profit margin† Excerpts from a company’s strategy document †¢ †¦ the company will ensure that it will have at least 2 plug points in each room with AC connection. †¢ The switches will be white in color and will make a ‘click’ sound on pressing †¢ Press to hear the click sound Disclaimer †¢ We all agree to the fact that IT plays a crucial role in running an organisation. †¢ All that we are driving at is that the existence of IT does not grant a competitive advantage to a company, anymore In other words, IT lets you remain in the race, Winning is a totally different ball game altogether The (lost) Edge †¢ Can IT provide an edge for you? †¢ You only gain an edge over rivals by having or doing something that they can’t have or do. †¢ By now, the core functions of IT – data storage, data processing, and data transport – have become available and affordable to all. †¢ And hence they are becoming costs of doing business that must be paid by all but provide distinction to none Risk >>> Advantage †¢ When a resource becomes essential to competition but inconsequential to strategy, the risks it creates become more important than the advantages it provides †¢ Lets classify technologies into †¢ Proprietary technologies †¢ Infrastructural technologies. †¢ Proprietary technologies can be owned, actually or effectively, by a single company. †¢ Infrastructural technologies, in contrast, offer far more value when shared IT has all the hallmarks of an infrastructural technology. †¢ Its mix of characteristics guarantees particularly rapid commoditization. †¢ IT is, first of all, a transport mechanism–it carries digital information just as railroads carry goods and power grids carry electricity. †¢ And like any transport mechanism, it is far more valuable when shared than when used in isolation Hence the technology’s potential for differentiating one company from the pack – its strategic potential – declines as it becomes accessible and affordable to all. Mainframe timesharing local area networks Ethernet networks Internet †¢ Each stage in the above progression has led to Greater standardization of the technology and hence greater homogenization of its functionality. †¢ The benefits of customization would be overwhelmed by the costs of isolation. †¢ Because most business activities and processes have come to be embedded in software, they become replicable †¢ Both the cost savings and the interoperability benefits make the sacrifice of distinctiveness unavoidable The arrival of the Internet has accelerated the commoditization of IT by providing a perfect delivery channel for generic applications Signs that the IT has reached Saturation †¢ First, IT’s power is outstripping most of the business needs it fulfills. Second, the price of essential IT functionality has dropped to the point where it is more or less affordable to all. Third, the capacity of the universal distribution network (the Internet) has caught up with demand – indeed, we already have considerably more fiber-optic capacity than we need. Fourth, IT vendors are rushing to position themselves as commodity suppliers or even as utilities. Finally, and most definitively, the investment bubble has burst, which historically has been a clear indication that an infrastructural technology is reaching the end of its buildout. Do the Right Thing†¦ †¢   The operational risks associated with IT are many – technical glitches, obsolescence, service outages, unreliable vendors or partners, security breaches, even terrorism–and some have become magnified as companies have moved from tightly controlled, proprietary systems to open, shared ones. IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending. IT buyers should throw their weight around, to negotiate contracts that ensure the long term usefulness of their PC investments and impose hard limits on upgrade costs. And if vendors balk, companies should be willing to explore cheaper solutions, including open-source applications and bare-bones network PCs. Most of the major business technology vendors, from Microsoft to IBM, are trying to position themselves as IT utilities, companies that will control the provision of a diverse range of business applications over what is now called, â€Å"the grid. † The upshot is ever greater homogenization of IT capabilities, as more companies replace customized applications with generic ones. Wal-Mart and Dell Computer are exceptions to this though. In2002, the consulting firm Alinean compared the IT expenditures and the financial results of 7,500 large U. S. companies †¢ The 25 companies that delivered the highest economic returns, spent on average just 0. 8% of their revenues on IT, while the typical company spent 3. 7%. †¢ Larry Ellison, one of the great technology salesmen, admitted in a recent interview that â€Å"most companies spend too much [on IT] and get very little in return. † †¢ The key to success, for the vast majority of companies, is no longer to seek advantage aggressively but to manage costs and risks meticulously. Thank You

The Great Gatsby and The Wasteland Essay - 1229 Words

The Great Gatsby and The Wasteland Fitzgerald’s Great Gatsby and Elliot’s The Wasteland are two stories that similarly express the modernist post-war disillusionment. Both stories comment pessimistically on the direction that our world is moving in from the post-war modernist perspective. Both men looked past the roaring twenties, and realized that this time period was actually a moral wasteland. The final paragraphs of The Great Gatsby sum up their mutual lack of faith in American culture to improve. Fitzgerald uses a number of both direct and indirect ways to comment on what has happened to America. The green light is a recurring symbol in this book that has many deep meanings. Beginning in the first chapter, when Nick compares†¦show more content†¦It shows that justifying this war is an act of futility. Elliot also presents a theme of regeneration and fertility, which symbolizes a longing for the past. In the opening of The Wasteland, April is shown as a time of revival after the bleak winter . Regeneration is portrayed as painful, because the new spring can’t measure up to the springs of the past. This is portrayed by Marie’s experiences from the past, which become painful when she considers that the time she lives in now is one of great political and cultural consequences. The final paragraph of The Great Gatsby and the final line in particular, effectively represent the views of Elliot and Fitzgerald. The final line, â€Å"so we beat on, boats against the current, borne back ceaselessly into the past,† embodies the essence of both stories. It expresses a lack of confidence in our society’s current condition, and a longing for the simpler times of the past. The final page offers much of Fitzgerald’s perspective, and it is wonderfully summed up in the final sentence of the book. Most of the big shore places were closed now and there were hardly any lights except the shadowy, moving glow of a ferryboat across the sound. And as the moon rose higher the inessential houses began to melt away until gradually I became aware of the old island here that flowered once for Dutch sailors’ eyes- a fresh, green breast of the newShow MoreRelatedThe Great Gatsby Compared to the Wasteland1255 Words   |  6 PagesFitzgerald s Great Gatsby and Elliot s The Wasteland are two stories that similarly express the modernist post-war disillusionment. Both stories comment pessimistically on the direction that our world is moving in from the post-war modernist perspective. Both men looked past the roaring twenties, and realized that this time period was actually a moral wasteland. The final paragraphs of The Great Gatsby sum up their mutual lack of faith in American culture to improve. Fitzgerald uses a numberRead MoreMyrtle Wilson as the Wasteland Figure in the Great Gatsby1597 Words   |  7 PagesNovember 2007 Myrtle and Fitzgeralds Wasteland Myrtle Wilson is Fitzgeralds vessel for illustrating the modern wasteland. His conception of the wasteland as an unavoidable, vulgar part of the 1920s society is parallel to his characterization of Myrtle as an unavoidable, vulgar character that refuses to be ignored. He uses her to point out what he sees as the faults of modern society. Myrtle is materialistic, superficial, and stuck living in the physical wasteland referred to as the valley of ashesRead More The Great Gatsby and the Valley of Ashes Essay1149 Words   |  5 PagesThe Great Gatsby and the Valley of Ashes    Many times we hear of societys affect on people; society influencing the way people think and act.   Hardly mentioned is the reverse: peoples actions and lifestyles affecting society as a whole and how it is characterized.   Thus, society is a reflection of its inhabitants and in The Great Gatsby, by F. Scott Fitzgerald, it is a wasteland described as the valley of ashes.   Since the characters of this novel make up this wasteland, arent they theRead More Failure and Destruction of a Romantic Ideal in Fitzgerald’s The Great Gatsby1639 Words   |  7 PagesThe Great Gatsby and the Destruction of a Romantic Ideal      Ã‚   In The Great Gatsby, F. Scott Fitzgerald tells the story of a romantic ideal and its ultimate destruction by the inexorable rot and decay of modern life. The story is related by Nick Carraway, who has taken a modest rental house next door to Jay Gatsbys mansion. Jay Gatsby is a young millionaire who achieves fabulous wealth for the sole purpose of recapturing the love of his former sweetheart, Daisy Fay Buchanan. Five years priorRead MoreDiscussion of the Settings in the Great Gatsby by F. Scott Fitzgeral1076 Words   |  4 PagesA Discussion of the Three Major Setting in The Great Gatsby Setting is an integral part of a novelists or playwright’s ability to communicate characters’ ideals and attitudes. One of the greatest American authors, Francis Scott Fitzgerald also employs these essential strategies when describing the three main setting of The Great Gatsby: West Egg, East Egg, and the Valley of the Ashes. Fitzgerald relates West Egg with the â€Å"less fashionable† side of Long Island and â€Å"new money†, relates East Egg toRead MoreThe Great Gatsby By F. Scott Fitzgerald1352 Words   |  6 PagesSet in the early 1920’s, The Great Gatsby (1925) written by F. Scott Fitzgerald is narrated by Nick Carraway, a young man returning to Long Island, New York to seek his fortune as a bond salesman. The glamorous tale follows Jay Gatsby and his burning desire to be reunited with striking Daisy Buchanan, the love of his life. The various settings in The Great Gatsby (1925) primarily serve to provide the reader with an understanding of th e characters’ ideals and novel context. The profound contrast betweenRead More F. Scott Fitzgeralds The Great Gatsby as Criticism of American Society 1734 Words   |  7 Pages   Ã‚  Ã‚   In The Great Gatsby, F. Scott Fitzgerald criticizes American society in the 1920?s for its tendencies to waste, advertise, form superficial relationships, and obsess over appearances. The work has been praised for both its brutal realism and its keen depiction of the age that The New York Times referred to as the era when, gin was the national drink and sex was the national obsession(Fitzgerald vii).   . . . indifference is presented as a moral failure - a failure of society, particularlyRead MoreThe Importance of the Settings in Novels1479 Words   |  6 Pagesâ€Å"It’s pretty, isnt it, old sport?†(Fitzgerald 53), hollow words that describe an era precisely. The Great Gatsby is a wonderfully depressing novel about a man who literally made a name for himself and died in search of the American Dream. It was set in the Roaring Twenties, also known as the Jazz Age, a time about dynamic subcultures all around the world, and their grand art, social lives an d music. This book is set by F. Scott Fitzgerald in the North East of the United States, New York, and LongRead MoreAnalysis Of The Poem The Waste Land Essay1714 Words   |  7 PagesEnvoking T.S. Eliot’s poem â€Å"The Waste Land†, the â€Å"Valley of Ashes† depicted in The Great Gatsby serves a multitude of symbolic functions. It primarily provides significant contrast to East and West Egg. This contrast is not simplistic, as Fitzgerald guides the reader into understanding that the areas are inextricably linked in terms of the American dream and moral corruption. Furthermore, the Valley of Ashes is a physical manifestation of the theme of death and mortality constantly being threadedRead MoreAnalysis Of F. Scott Fitzgerald s The Great Gatsby 1665 Words   |  7 PagesF. Scott Fitzgerald, T.S. Elliot, and George Bernard Shaw have all created literary works that marked the new and unorthodox ways of viewing and interacting with the world with the beginning of the twentieth century. The Great Gatsby, The Love Song of J. A. Prufrock, The Wasteland, and Pygmalion portrayed the rejection of principles for religion, tradition, and morality in order to progress into their ever changing societies as an unpleasant reaction to the preceding Victorian culture. These oppositions

The Law Of Life By Jack London - 1167 Words

Nature is depicted in various ways throughout literature. It can be described as full of hope and beauty as well as an unstoppable force that always results in the downfall of life. The latter is a more accurate depiction for â€Å"The Law of Life† and â€Å"To Build a Fire† written by Jack London. In these short stories, he gives a more pessimistic description of nature. Humans rely on nature to survive. Some people accept this, but others are too proud. The fact is that individual life does not continue forever, but nature lives on. Humans need nature in order to survive- this is a simple biological fact. Without nature, humans would have been gone a long time ago, if they were even alive in the first place. The tribe of people in â€Å"The Law of†¦show more content†¦People do not live forever, and his ancestors went through the same situation he was going through. It was only fair that he should accept and obey the law of life. Towards the end of the story , the reader can tell that he might have not completely accepted his fate, as he attempted to fight back against coyotes around him by waving a burning stick. However, he soon realized that there was no need for him protect himself because he would end up dying anyway. He put down the stick and accepted his fate once more. While some people may accept that they need nature in order to survive, others prefer to believe that they have the strength and skills to survive completely on their own. They are proud and do not listen to the advice of others. The man in â€Å"To Build a Fire† thought he was going to be perfectly fine traveling on his own without other people for help. In the beginning of the story, he strongly believed that, â€Å"[a]ny man who was a man could travel alone† (London 72). He thought that he was fully capable of surviving in the harsh conditions. Throughout most of the story, his pride got in the way and he refused to believe in the severity of his situation. He could barely move his own face because it was literally freezing, but he insisted to himself that it was nothing to be concerned about. As the man traveled in sub-zero temperatures, he slowly began to freeze to death. The wolf-dog travelingShow MoreRelatedThe Law of Life, by Jack London1324 Words   |  6 Pagesforfeiture of the sorrowfully short life granted to him. Many would argue that in order to delay the inevitable conclusion awaiting every man, humans must act upon their primal intuition rather than their emotions. Jack London’s â€Å"The Law of Life† includes this naturalistic viewpoint that human survival instinct drives individuals more than feelings or compassion. London shows this through his protagonist Old Koshkoosh’s past experiences and tribal upbringing, his view on life, and the actions of his familyRead MoreJack London Biography1301 Words   |  6 PagesJack London : Biography         You cant wait for inspiration. You have to go after it with a club (BrainyQuote). This is one of Jack Londons more well known quotes. Jack London was born as John Griffith Chaney  on January 12, 1876, in San Francisco(Jack London). His mother was Flora Wellman and his father was suspected to be astrologer William H. Chaney, who denied his paternity and abandoned Londons mother(Wilson). London was suckled, or nursed, by an ex-slave named Virginia Prentiss, whoRead More Jack Londons Attitude Towards Life in the Short Story, The Law of Life1100 Words   |  5 PagesJack Londons Attitude Towards Life in the Short Story, The Law of Life Jack London, real name John Griffith Chaney, is well known American novelist and short story writer, born in California (Merriam Websters Encyclopedia of Literature 629). Londons short story The Law of Life was first published in Mc Clures Magazine in 1901. It was one of his first stories written around the time at which London had just discovered that this way of writing made the biggest impression on the readerRead MoreThe Life and Writings of Jack London Essay860 Words   |  4 Pageslived through a poor childhood. Jack London had an immensely rough childhood stricken with poverty and uncertainty, yet he is one of the most famous writers of the twentieth century. 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His works included individualism and theRead More Thematic Analysis of Jack Londons White Fang Essay932 Words   |  4 PagesThematic Analysis of Jack Londons White Fang White Fang, written by Jack London, is a wonderful adventure novel that vividly depicts the life of a wolf by the name of White Fang. Throughout the course of the novel, White Fang goes through numerous learning experiences as he interacts with humans and other wolves from Alaska around the turn of the century. Jack London uses the events that transpire during White Fangs life to illustrate that only the cunning, intelligent, and strong will beRead MoreJack Londons To Build A Fire Essay1025 Words   |  5 Pagesthough was one who portrayed himself through dozens of short stories. His name is Jack London. Jack London is a writer who shows the conflict between Nature versus Man in his writings and supports this theme through his work, â€Å"To Build a Fire.† Jack was born on January 12, 1876 and died on November 22, 1916. He is best known for his nature novels depicting how nature can sometimes be so powerful that it overcomes man. Jack was deserted by his father when he was el even and was mainly raised by his motherRead MoreJack London Essay1251 Words   |  6 PagesJack London, an American author known for his thrilling adventure stories, showed the world that even an exciting story that takes place in exotic settings can include all the intricacies of great literature. This is seen in many of his stories with the implementation of symbolism, many times a recurring theme in his work. Also, London used many ideas of the day such as Darwinism and Spencerism in his writings in order to better portray his views. However, perhaps one of the most telling signs thatRead MoreThe Ongoing Mystery of Jack the Ripper760 Words   |  3 Pageswomen in London, England. Nobody was ever convicted of these terrible crimes, and they still go unsolved to this day. There are multiple reasons that the killer, given the name of Jack the Ripper, was never caught. Location, era, and law enforcement were all strong contributing factors. Jack the Ripper is still a mystery due t o the environment that made up the East End of London, a lack of modern investigational technologies, and the weak police force in the area. The East End area of London was notRead MoreDarwinism And Survival In White Fang, By Jack London928 Words   |  4 PagesWhite Fang, written by Jack London, is a wonderful adventure novel that vividly depicts the life of a wolf by the name of White Fang. Throughout the course of the novel, White Fang goes through numerous learning experiences as he interacts with humans and other wolves from Alaska around the turn of the century. Jack London uses the events that transpire during White Fangs life to illustrate that only the cunning, intelligent, and strong will be able to survive. The ideas of Darwinism and survival

Founding Fathers Reflections The Generation - 1398 Words

Erin Tran Period 4 Founding Fathers Reflections Preface: The Generation In the first few pages of this chapter, I thought it was interesting that Ellis really goes into detail about hindsight and far sight saying that because of hindsight, many of the founders could only see the goal of being independent. However there were some that saw the plentiful amount of resources and the potential America had to form a government. But all of the Founding Fathers were not sure that they would win the war. Then after, when they were gathered to expand the Articles of Confederation, there were people who wanted power to be kept at a local level and there were those who thought federalism was better and wanted to make a larger and more†¦show more content†¦Chapter One: The Duel After finishing this chapter, I thought it was quite odd that he didn’t explain what happened before the duel first. Instead Ellis could have gave more info of maybe something that could backup our knowledge of the American Revolution. But, it also could have just been a way to make someone more interested because we first learn that Hamilton gets shot and after knowing that we want to know WHY Burr shot Hamilton. But Ellis hints that the Founding Fathers had harsh expectations for each other and they all had lots of honor to defend such as Hamilton; he did not plan to oppose Burr, but Hamilton still went to meet Burr. Then as it said in the start of the chapter. The consequences given to Burr were worse than the ones given to Hamilton -which was death-. This was a private matter between two Founding Fathers, and they tried their best to keep it private by doing things such as being in a private place or making all people nearby turn away so they could not be witnesses. But it was probably quite hard for them to keep this â€Å"private† matter away from the public, even with all of these precautions. Later in the chapter we learned that the Founding Fathers were afraid of breakdown of the federal government and The Duel was a display of the fear of the breakdown. Chapter Two: The Dinner So again the chapter was placed in a funky order and talks about the Dinner first and then it later talks about

Introduction of Samsung Galaxy S8-Free-Samples-Myassignmenthelp

Question: When Samsung introduced the Samsung Galaxy S8, was it a line extension or a product modification? Justify your answer. Answer: A product line extension can be defined as adding a new product to the existing line of products which the company sells. This means this product belongs to the same brand being discussed but has new features both internal and physical. In case of a mobile phone, the body, size, software and the extra features and battery undergo a complete change so that it is easily distinguishable from the other products in the line (Armstrong et al., 2015). A product modification can be described as a technique whereby the company changes the existing product to a better version of itself; however the essential components remain the same. This means that the main features will remain the same, although certain slight changes might be made. Although many would argue that the launch of S8 was a product modification, in true essence it was not. After the horrific experience which the consumers received from the Note 7 battery disaster, the company wanted to change its offering completely so that the people forget about the frightful experience. Hence, s8 was launched under the same brand name but with different physical as well as internal features to distract the customers from Samsung/s past mistakes (Kotler, 2015). For this purpose, Samsung s8 is a line extension. Reply to Peer Post 2: The given post is an exemplary example of how the answers which comprise of the theoretical concepts should be used along with practical examples so as to strengthen the case. This is because; examples help a reader to relate to the theory. The post is well written and a lot of research is put behind it. The idea of sustainable business has been clearly explained along with ideas about the working of the two companies. However the only weak aspect of the post is that the use of clear sentences is absent and the grammar used could have been better. References Armstrong, G., Kotler, P., Harker, M., Brennan, R. (2015).Marketing: an introduction. Pearson Education. Kotler, P. (2015).Framework for marketing management. Pearson Education India.

Mestiza Whitening Soap Essay Essay Example

Mestiza Whitening Soap Essay Paper Whitening Soap have the distinguishable odor and have normally and orangish colour. Papaya besides contains enzyme that will give our tegument more refreshing. Papaya soap contains three chief ingredients ; papaya infusion. papaia juice. and mush. The three ingredients will be combine during the soap fabrication. Vitamins C and A are extremely concentrated in most papaya fruits. along with beta provitamin A and an enzyme called papain. an enzyme that helps digest proteins. The vitamins in papaia are frequently nurturing for the tegument. particularly for those with defects and cicatrixs. The antioxidants in these vitamins supposedly helps rinse off dead and dry tegument cells really rapidly. advancing the growing of new. healthy tegument. This speedy turnover of skin growing typically helps fade cicatrixs. heal defects. and helps scabbed-over lesions become soft and fictile once more more rapidly. We will write a custom essay sample on Mestiza Whitening Soap Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Mestiza Whitening Soap Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Mestiza Whitening Soap Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The papain enzyme helps the vitamins in the papaia soap to make their work. in add-on to executing several maps of its ain. Papaya besides helps to maintain the tegument soft. fictile. and new-looking. doing it a popular facial soap. Its exfoliating belongingss promote smooth tegument and may assist take uneven colouring and dark musca volitanss over clip. Some makers advertise really fast topographic point rectification with papaya soap. but papaya entirely will non normally take musca volitanss rapidly. Several months of utilizing the soap may demo consequences in this country. Those with nutrient allergic reactions should read labels closely to do certain they won’t have an inauspicious reaction to their chosen soap. Core benefit of the merchandise: 1. Fade cicatrixs and black discolorationPapaya Soap can acquire rid of cicatrixs as Papaya soap contains Papain which will take sore and injured tegument. Papaya soap can besides be used to extinguish black musca volitanss of the tegument. to melt cicatrixs. excite the formation of new tegument cells and it should constant usage until the skin return to normal. 2. Get the better of the job of acne Acne arises normally caused by cell exfoliation of dead tegument cells that clog the pores of the tegument. This resulted in the formation of dead tegument cells and when met with inordinate oil production will do cases of causes acne. Therefore. Papaya soap act efficaciously to skin the dead tegument cells so that acne will non popup. and at the same clip it will take the cicatrixs of acne overtime. 3. Whitening and Skin Whitening Equipped with Cocoa infusion to soften new tegument cells. soap besides contains papaya enzyme papain to renew new tegument cells. With regular application. your tegument will go bright. white. and stain-free. Picture of Location The location of the concern is in 1570 Dela Paz Bldg. Dapitan St. Sampaloc. Manila MeasurementAs we know there’s a batch of Papaya soap that have been produce in market now yearss such as Likas Papaya Soap. Silka Papaya soap. Royale Beauty Kojic Papaya Soap and ECT. So for our Papaya soap trade name name. we choose to utilize MESTISA ( whitening soap ) . We choose this name because as we can see after utilizing this Papaya Soap we can see the differences after utilizing it. Rough tegument. flake tegument. oily skin and so on can go smooth. fresh and the greasy tegument will be lessening after utilizing this papaia soap. So that’s why we choose Pure White and it is besides shows the consumers about the naturality if they used our merchandise. Price ListSmall- P600Big- P800LogoFront position: Back position: This illustration of our merchandise packaging. In forepart of our soap box as we can see there’s our merchandise name Mestiza. which image of miss and Papaya fruit which mean. if we use this soap so our tegument will be look more white and become natural like the miss in the image and the green circle and the star mean is made by 100 % papaia fruit. We besides choose the orange colour because it is show the originality of the papaia fruit. On the top of the packaging the sentence is explicating briefly about our merchandise. â€Å"Bathing your tegument with a new immature beauty MESTIZA ( whitening soap ) . It is made to gently cleanse and profoundly nourish your tegument. go forthing it soft. smooth and refreshed. 100 % derived from the papaia fruit extracts that aid to whiten tegument and smoothens for all kind’s of tegument. † On dorsum of this box client can see the ingredients of our merchandise. The ingredient of our merchandise is Coconut Nucifera. Ricinu sCommunis. Oil. Sodium Hydroxide. Glycerin and another substances that have been allowed. How to utilize this soap: soapsuds in the thenar of our manus. Use on wet face and gently massage. concentrating on brow. nose and chin. Avoid oculus contour countries. in instance of contact with the eyes. rinse instantly. Suitable for day-to-day use. You can utilize it for shower and face. rub down your organic structure 2-3 minute so wash it with H2O. And as we see there’s â€Å"Halal† logo. this merchandise can be used for any people ( can be used whether Muslim and non-muslim ) . We besides put our company logo at that place which the blue circle means that our merchandise will be sell around the universe and the good mark is client will satisfied and will non let down about our merchandise. Benefit of this merchandise 1. Papaya Soap for Dark Spots and Skin Whitening As we know. papaya soap is rather celebrated because of its can do our tegument lightening. Using these papaya soap. dark musca volitanss will vanish in merely a few hebdomads. It can minimise the body’s production of melanin which is the chief cause of the blackening of our tegument. Papaya soap non merely buoy up your skin’s skin color but more significantly is evens it out so that you don’t have dark countries in your face. dark underarms or cubituss and minimise the stain caused by cicatrixs. 2. Papaya Soap for Acne and Skin Exfoliation As you use papaya soap. the papaia enzyme that’s a natural substance found in the papaia fruit. promotes the remotion of dead tegument. Dean tegument can dry up your tegument go forthing it antsy and unsmooth. Skin exfoliation is besides of import so that no other elements like soil and dust atoms are trapped in your tegument which can do hickeies and comedos. Through day-to-day usage of papaia soap. Acne and cicatrixs will be minimized and you’ll exfoliate your tegument doing it softer. whiter and pimple free. 3. Leaves your Skin Healthy and Smooth One of the marks of an unhealthy tegument is dryness. If you are rubing frequently or have noticed cracked on tegument spots. so you may already hold dry tegument. Papaya soap is one of the more effectual interventions to dry tegument as it rejuvenates the tegument. 4. Papaya Soap Heals Acne and Pimple Scars Since Papaya soap chiefly flake the tegument. it can unclog pores that have been backed up by dead tegument cells and over production of sebum. the natural oil that our tegument secretes. Pimples appear when dead tegument and sebum are non instantly washed off. This is why. we should regular usage of papaia soap. acne can be avoided and you can forestall any jailbreaks of those abashing roseolas and hickeies. 5. Reliefs Pain from Insect Bites A fact about the papaia enzyme is that it can breakdown proteins and the toxins left by an insect bite. Rinsing and rinsing a bug bite and stings with papaya soap and H2O can alleviate the hurting and itchiness. This can be a really welcome thought particularly if medical picks are unavailable. Assortment of the merchandise line 1. Shapes We merely do our merchandise into rectangle form. This is because if we make it like that it will be easy to keep and can be divides by for easy usage if needed. depending on client convenience. 2. Color We used orange as our primary colour for our merchandise because it will shows the originality of merchandise that it has been made of 100 % from the fruit itself. Plus. we besides make it orange to do certain clients are non confused. If we make our soap from papaia. we should seek to do the merchandise precisely the same colour as the fruit. otherwise the clients will non even bother purchasing it. 3. Aroma and Spirit The aroma and spirits of class. we used the papaya’s natural ingredient to do our soap. non merely for facial usage but at the same clip for aromatherapy. The clients will experience relax and refresh after each usage of our merchandise. Target market/customer for the decorative merchandise Our mark market is work forces and adult females between 18-30 who are still pupils or recent alumnus. They are most likely the mark group who truly wanted to care of their visual aspect. They are energetic. like traveling out with their friends and wanted to look elegant in the populace. We besides focus on a adult female who already married with an age between 30-50. Even though they are married. they truly wanted to look beautiful for their hubby. Young work forces and adult females who are still a pupil are truly focused on analyzing and most of them do non hold at least a parttime occupation. They rely on their parents to direct them money. Their budget is limited for nutrient and some other disbursals to cover up. Rather than buy an expensive cosmetics merchandises. they likely turn to some inexpensive merchandises that have the same consequence. Last. we besides focus on clients who have severe acne job. Peoples with acne job tend to avoid traveling out in the populace because there are excessively ashamed of their visual aspect. Erstwhile commercial merchandise does non work at all and some branded goods are expensive. The selling mix/4P application 1. Merchandise Our traditional cosmetics focal point on clients who wanted their facial tegument to be free of black topographic point and expression radiant. They do non necessitate to pass their money on some expensive facial whitening merchandise. Nowadays. adult females are non the lone 1 who worried about visual aspects. even work forces wanted to be beautiful for their ain image. In order to run into customer’s outlook. we introduced merchandise that gives them the same consequence as other expensive decorative merchandises in signifier of a soap that is easy to utilize with merely a inexpensive monetary value. 2. Monetary value The suggested retail monetary value of P60. 00 each which is the cheapest whitening merchandise in market yet. Those who can non afford to buy an expensive decorative merchandise. the clients can turn to this merchandise as an option for their facial jobs. 3. Promotion The publicity facet for this merchandise merely use to publicizing. we make advertisement utilizing cyberspace. posting sites and newspapers. Other promotional methods include gross revenues publicities. direct mail. and presentation. In supervising the product’s success. we will offer a particular publicity for the merchandises before incorporating it into normal stock list. 4. Topographic point Our merchandises will be most likely to be sold in topographic point where other cosmetics merchandises are sold. but we will besides set the merchandise in a supermarket of food market shop. This manner the client would non hold the job to purchase the merchandise because it is easy to happen. Most of facial merchandise or cosmetics merchandise have the same intent. and that is to be used by clients and addition net income from it. The companies or certain organisation claiming that their merchandise is better that the others and frailty versa. At the terminal of the twenty-four hours. clients are the lone people who will make up ones mind which merchandise is better. Customers presents like cosmetics merchandise that will demo the consequence faster. So. it will be natural that the clients will seek to avail assortment among the different trade names. which is the ground why different trade names or merchandises give price reductions and launch new material. Brand Decision procedure depends on economic position such that if a purchaser knew about any decorative merchandises in less monetary value and more benefits so decidedly he or she will devour it. therefore our merchandise offer more benefits in sensible monetary value for consumer to do a favourable determination. Consumers search for goods that fulfill their demands and enrich their lives. Our merchandises go beyond bringing of a trade good or service ; they pursue the development of a long term profitable relationship with their clients. Customers will purchase our merchandise chiefly because of three factors aroma. bundle and ingredients. Computation ( Income Statement ) Mention1. hypertext transfer protocol: //www. stylecraze. com/articles/benefits-of-papaya-for-skin-and-hair/ 2. hypertext transfer protocol: //www. sabunpepaya. net/3. hypertext transfer protocol: //khasiatdaunpepaya. blogspot. com/2013/05/manfaat-sabun-pepaya-untuk-kecantikan. html 4. hypertext transfer protocol: //www. ehow. com/about_6783990_papaya-soap-skin-whitening. html 5. hypertext transfer protocol: //www. livestrong. com/article/230286-what-are-the-benefits-of-papaya-soap/ 6. hypertext transfer protocol: //www. info. com/papaya % 20soap? cb=63 A ; cmp=2884

Financial Analysis on National Bank Ltd. Essays

Financial Analysis on National Bank Ltd. Essays Financial Analysis on National Bank Ltd. Essay Financial Analysis on National Bank Ltd. Essay The then President of the Peoples Republic of Bangladesh Justice Ahsanuddin Chowdhury inaugurated the bank formally on March 28, 1983 but the first branch at 48, Dilkusha Commercial Area, Dhaka started commercial operation on March 23, 1983. The 2nd Branch was opened on 11th May 1983 at Khatungonj, Chittagong. At present, NBL has been carrying on business through its 124 branches and 11 SME / Krishi centers (total 135 service locations) spread all over the country. It has drawing arrangements with 415 correspondents in 75 countries of the world, as well as with 37 overseas Exchange Companies located in 13 countries. NBL was the first domestic bank to establish agency arrangements ith the world famous Western Union in order to facilitate quick and safe remittance of the valuable foreign exchanges earned by the expatriate Bangladeshi National NBL was also the first among domestic banks to introduce international Master Card in Bangladesh. Despite shaken domestic economic condition due to global recession, performance of 2009, the year under review was noteworthy. In 2009, the pretax profit of National Bank stood at 3,197. 50 million, registering a growth of 13. 03 percent over the previous year and profit after tax other provisions stood at Taka 2,070. 47 million reflecting a growth of 36. 45 percent. Further, banks revenue, loans advances, deposit and assets registered a growth of 22. 98, 28. 55, 27. 6 and 27. 53 percent respectively. Capital adequacy maintained at Tk. 9,124. 62 million, which was 13. 56 percent against statutory requirement of 10 percent. The earning per share for the year 2009 was Tk. 72. 74 compared to Tk. 53. 31 of previous year. Being a regular tax payer, the bank made a direct contribution of Tk. 1, 366. 20 million to Government Exchequer in 2009 representing an increase of 79. 35 percent over 2008. Detailed facts-figures and disclosures are available in the financial statements and notes of accounts for the year 2009. Products and Service ? Deposit product. ? Credit product. ? Cards. Deposit Product 1. Saving Deposit National Bank Limited offers customers a hassle free and low charges savings account through the branches all over Bangladesh. Benefits (Condition Apply) ? Interest rate of 6. 00% on minimum monthly balance. ? Minimum balance Tk. 1000. ? Maintenance charge yearly Tk. 400. ? No hidden costs. ? Standing Instruction Arrangement are available for operating account. Account Opening ? 2 copies of recent photograph of account holder. ? Nominees Photograph. ? Valid photocopy of Voter ID Card. 2. Current Deposit National Bank Limited offers customers current deposit facility for day-to-day business transactions without any restriction. Benefits (Condition Apply) ? Minimum balance Tk. 2000. ? Minimum maintenance charge yearly Tk. 800. No hidden costs. ? Standing Instruction Arrangement are available for operating account. ? Easy access to our other facilities. Account Opening ? 2 copies of recent photograph of account holder. ? TIN certificate. ? Nominees Photograph. ? Valid photocopy of Voter ID Card. 3. Term Deposit ? Short Term Deposit. ? Fixed Deposit. a) Short Term Deposit National Bank Limited offers interest on customers short term savings and gives facility to withdraw money any time. Benefits (Condition Apply) ? Minimum balance Tk. 2000. ? Minimum maintenance charge yearly Tk. 800. ? Standing Instruction Arrangement are available for operating account. Account Opening 2 copies of recent photograph of account holder. ? Nominees Photograph. ? Valid photocopy of Voter ID Card. b) Fixed Deposit National Bank Limited offers fixed term savings that will scale up your savings amount wtih the time. Benefits (Condition Apply) ? Any amount can be deposited. ? Premature encashment facility is available. ? Overdraft facility available against term receipt. Account Opening ? 1 copy of recent photograph of account holder. ? Nominees Photograph. 4. Foreign Currency Deposit ? RFC Deposit ? NFC Deposit. a) RFC Deposit National Bank Limited gives opportunity to maintain foreign c urrency account through its Authorized Dealer Branches. : Bangladesh nationals residing abroad or foreign nationals residing abroad or Bangladesh and foreign firms operating in Bangladesh or abroad or Foreign missions and their expatriate employees. Benefits (Condition Apply) ? No initial deposit is required to open the account. ? Interest will be offered 1. 75% for US Dollar Account , 3. 00 % for EURO Account and 3. 25% for GBP Account. ? They will get interest on daily product basis on the credit balance (minimum balance of US$ 1,000/- or GBP 500/- at least for 30 days) maintaining in the account. Account Opening ? 2 copies of recent photograph of account holder. ? Nominees Photograph. ? Passport Copy. ? ID of residence in abroad. b) NFC Deposit National Bank Limited gives opportunity to maintain foreign currency account through its Authorized Dealer Branches. All non – resident Bangladeshi nationals and persons of Bangladesh origin including those having dual nationality and ordinarily residing abroad may maintain interest bearing NFCD Account. Benefits (Condition Apply) ? NFCD Account can be opened for One month, Three months, Six months and One Year through US Dollar, Pound Starling, Japanese Yen and Euro. ? The initial minimum amount of $1000 or 500 Pound Starling or equivalent other designated currency. ? Interest is paid on the balance maintain in the Account. This interest is tax free in Bangladesh. Account Opening ? 2 copies of recent photograph of account holder. ? Nominees Photograph. ? Passport Copy. ? ID of residence in abroad. 5. NBL Monthly Saving Scheme National Bank Limited offers monthly savings scheme for its retail customers. Benefits (Condition Apply) ? Monthly installments of deposit will be Tk. 500/-, Tk. 1,000/- , Tk. 2,000/- ,Tk. 3,000, Tk. 4000/- , Tk. 5,000/- and Tk. 10,0000 ? Account may be opened for any installment and term, which is not changeable. ? A person is allowed to open more than one account for different installment in a Branch/ Bank. |Sl no |Monthly Installments (Taka) |Amount to be paid on completion of Term | | | |3(Three) years @9. 00% |5(Five) years @9. 25% |8(Eight) years @9. 0% | |01 |500/- |20,627/- |37,896/- |70,849/- | |02 |1,000/- |41,255/- |75,791/- |1,41,691/- | |03 |2,000/- |82,510/- |1,51,583/- |2,83,394/- | |04 |3,000/- |1,23,765/- |2,27,374/- |4,25,091/- | |05 |4,000/- |1,65,020/- |3,03,166/- |5,66,788/- | |06 |5,000/- |2,06,274/- |3,78,957/- |7,08,485/- | |07 |10,000/- |4,12,549/- |7,57,914/- |14,16,970/- | Credit Product 1. Overdraft BL offers overdraft facility for corporate customers for day-to day business operations. Benefits (Condition Apply) ? Low charges in overdraft account maintenance. ? Facility is available against deposit receipt or mortgage property. ? Low interest rate 13-16%. Account Opening ? Introductory current account. ? Others necessary documents as per loan requirement. 2. Lease Financing National Bank Limited offers leasing facility for clients with easy installment facility. Financing Area ? Capital machinery. ? Different equipments. ? Gas, Diesel generator and Power plant. ? Medical equipments. ? Lift or elevator. ? Inroformantion Technology equipments. ? Construction equipments. Consumer durables. Benefits (Condition Apply) ? Competitive monthly rental. ? Tax benefit. ? Fast processing. ? Easy handover after leasing period. 3. House Building NBL offers home loan facility for purchasing flats or construction of house. Benefits (Condition Apply) ? Financing amount extends up to 70% or Tk. 7 5, 00,000 which is highest of total construction cost. ? Grace period available up to 9 months in flat purchase or 12 months in construction. ? Competitive interest rate. ? No application or processing fee. Eligibility ? Any Bangladeshi citizen or NRB, who is capable of repayment, can apply for this loan. 4. Small medium Enterprise NBL offers financial support to small businessmen/enterprise with new products named Festival Small Business Loan and NBL Small Business Loan has been introduced in the Bank. Benefits (Condition Apply) ? Maximum Tk. 3. 00 lac (Festival Scheme) and Maximum Tk. 5. 00 lac (Small Business Scheme) ? 3 Months (Festival Scheme) and 5 years (including 1 month grace period (Small Business Scheme)) ? Collateral Free Advance. Eligibility ? Any genuine and small businessmen/ entrepreneurs/enterprise having honesty, sincerity, and integrity. 5. Consumer Credit Scheme NBL offers consumer credit facility for retail customers. Financing items ? Electronics consumer products. Computer or Computer accessories. Benefits (Condition Apply) ? Fast processing. ? Competitive interest rate. ? No application or processing fee. ? Easy monthly installment. 6. Trade Finance NBL provides comprehensive banking services to all. types of commercial concerns such as in the industrial sector for export-import purpose as working capital, packing credit, trade finance, Issuance of Import L/Cs, Advising and confirming Export L/Cs. Bonds and Guarantees . Benefits (Condition Apply) ? Low interest rate 13. 00%-14. 50%. ? Minimum processing time. ? Low service charges. Cards 1. Credit card NBL Credit Card is accepted in many merchant outlets around the world. Our wide range of merchants include hotels, restaurants, airlines, travel agents, shopping malls and departmental stores, hospitals diagnostic centers, jewelers, electronics computer shops and many more. Benefits (Condition Apply) ? Dual Currency Card Facility. ? Lowest Rate of Interest. ? Lowest Card Fees. Special Discount of Card Fee *** condition applicable. ? You can transfer 80% amount of your Local Card Limit to any NBL A/c or have Pay Order Facility. ? No Excess Limit Charge. ? No Hidden Charges. 2. NBL Power Card NBL Power Card is the first debit card for which you don’t have to maintain any account with our any branch. Benefits (Condition Apply) ? It is a Pre-paid Card. ? Annual / Renewal Fee Tk. 200/- only. ? May be issued and refilled from RFCD/FC Account. ? Accepted at all VISA POS merchants. Cash withdrawal at all ATM booths bearing VISA and Q-cash logo(Except HSBC in Bangladesh). ? Drawing of Cash: (i) from NBL ATMs Free of charges (ii) From ATMs under Q-cash network- Tk. 10. 00 per transaction (iii) From other ATM Tk. 100. 00 per transaction. ? Cash Withdrawal Fee (aboard)-2. 00% on the cash drawn amount or US$2. 00, whichever is higher. ? Only 1% loading fee against both International and Local Power Card at the time of Refilling. ? Yearly Tk. 100 for enrollment of SMS service. Account Opening ? 2 copies of your recent photograph. ? Nominees Photograph. ? National ID Card ? Birth Certificate BALANCE SHEET As at 31 December 2009 |PROPERTY ASSETS |2009 2008 | |Cash |6,843,689,881 |5,421,055,640 | |Balance with other Banks Financial Institution |2,490,371,694 |1,174,813,554 | |Money at call short notice |1,359,800,000 |3,089,900,000 | |Investments |12,315,204,277 |9,156,612,128 | |Loans advances |64,962,312,154 |50,665,074,783 | |Fixed assets including land, building, furniture fixtures |1,815,564,664 |1,583,387,810 | |Other assets |1,740,385,536 |716,430,198 | |Non-banking assets |384,788,241 |397,763,841 | |TOTAL ASSETS |91,912,1 16,447 |72,205,037,954 | | | | | |LIABILITIES CAPITAL |2009 |2008 | |Liabilities-Borrowing from other Banks, Financial Institution |1,390,919,847 |1,256,555,900 | |Agents | | | |Deposits other accounts |76,814,651,280 |60,187,435,050 | |Other liabilities |4,789,781,786 |4,634,780,266 | |TOTAL LIABILITIES |82,995,352,913 |66,078,771,216 | |TOTAL SHAREHOLDERS EQUITY |8,916,763,534 |6,126,266,738 | |TOTAL LIABILITIES SHAREHOLDERS’ EQUITY |91,912,116,447 |72,205,037,954 | Liquidity statement (Assets liabilities maturity analysis) As at 31 December 2009 |Particulars |Not more than 1 month |1-3 month term |3-12 months term |1-5 years term |Above 5-years term |total | | |term | | | | | | Assets Cash in hand |1,290,177,054 |- |- |- |- |1,290,177,054 | |Balance with |5,553,512,827 |- |- |- |- |5,553,512,827 | |Bangladesh Bank | | | | | | | |its agent Bank | | | | | | | |Balance with other |1,919,750,009 |295,821,685 |200,000,000 |74,800,000 |- |2,490,371,694 | |Banks financial | | | | | | | |institutions | | | | | | | |Money at call |1,359,800,000 |- |- |- |- |1,359,800,000 | |short notice | | | | | | |Investments |276,548,223 |821,213,870 |2,433,641,609 |1,004,424,171 |7,779,376,404 |12,315,204,277 | |Loans Advances |251,369,000 |6,428,422,500 |23,499,478,750 |27,813,652,000 |4,649,389,904 |64,962,312,154 | |Fixed assets |26,401,403 |52,802,806 |237,612,627 |1,203,447,457 |295,300,371 |1,815,564,664 | |Other assets |333,886,810 |667,409,160 |739,089,567 |- |- |1,740,385,536 | |Non-banking assets |- |- |- |384,788,241 |- |384,788,241 | |TOTAL ASSETS |13,331,445,326 |8,265,670,020 |27,109,822,552 |30,481,111,869 |12,724,006,679 |91,912,116,447 | Liabilities Borrowings from other |315,909,987 |231,819,974 |843,189,886 |- |- |1,390,919,847 | |Banks,Financial Institution | | | | | | | |Agents | | | | | | | |Deposits other accounts |12,327,012,687 |6,789,670,173 |23,763,845,604 |30,624,351,651 |3,309,771,165 |76,814,651,280 | |Other liabilities |409,713,507 |828,671,700 |1,758,041,643 |1,751,983,422 |41,371,514 |4,789,781,786 | |TOTAL LIABILITIES |13,052,636,181 |7850,161,847 |26,365,077,133 |32,376,335,073 |3,351,142,679 |82,995,352,913 | |NET LIQUIDITY GAP |278,809,145 |415,508,174 |744,745,419 |(1,895,223,204) |9,372,924,000 |8,916,763,534 | INCOME STATEMENT For the year ended 31 December 2009 PROFIT LOSS ACCOUNTs |2009 |2008 | |Interest income |6,818,466,566 |5,786,710,797 | |Less: Interest paid on deposits borrowings |4,489,636,114 |3,594,841,261 | |Net interest income |2,328,830,452 |2,191,869,536 | |Investment income |1,779,316,931 |938,915,231 | |Commission, exchange brokerage |1,448,972,295 |1,510,479,954 | |Other operating income |935,365,402 |654,912,889 | |TOTAL OPERATING INCOME |6,492,485,080 |52,961,776,101 | |TOTAL OPERATING EXPENSES |3,114,118,992 |2,173,109,713 | |Profit before provision |3,378,366,088 |3,123,067,897 | |Specific provision |25,000,000 |25,000,000 | |General provision |175,000,000 |270,000,000 | |TOT AL PROVISION |200,000,000 |295,000,000 | |Profit before taxes |3,178,366,088 |2,828,067,897 | |Profit transferred from off shore Banking Unit |19,129,827 |756,516 | Profit before taxes (including) |3,197,495,915 |2,828,824,413 | |Provision for taxation |1,150,000,000 |1,310,000,000 | |Deferred taxes |(22,974,549) |1,389,931 | | |1,127,025,451 |1,311,389,931 | |Net profit after taxation |2,070,470,464 |1,517,434,482 | |Retained earnings brought forward from previous year |975,132,271 |687,825,162 | | |3,045,602,735 |2,205,259,644 | |Statutory reserve |(639,499,183) |(565,613,366) | |Transfer from general reserve |135,000,000 |- | |Dividend |(973,815,007) |(664,514,007) | | |(1,478,314,190) |(1,230,127,373) | |Retained earnings carried forward |1,567,288,545 |975,132,271 | |Earnings per share |72. 74 |53. 1 | RATIO ANALAYSIS FOR 2009 ? Current ratio : current assets/current liabilities = 35,388,824,017/47,267,875,161 = 0. 748 times. FOR 2008 ? Current ratio : current assets/current li abilities = 23,228,911,038/18,569,065,016 = 1. 249 times. 2008 is better than 2008. FOR 2009 ? Return on assets : Net income(profit)/total assets = 2,070,470,464/91,912,116,447 = 0. 022*100 = 2. 2%. FOR 2008 Return on assets : Net income(profit)/total assets = 1,517,434,482/72,205,037,954 = 2. 1%. 2009 is better than 2008. FOR 2009 ? Return on equity : Net income(profit)/total stock holder equity = 2,070,470,464/8,916,763,534 = 0. 232*100 = 23. 2%. FOR 2008 ? Return on equity : Net income(profit)/total stock holder equity = 1,517,434,482/6,126,266,738 = 0. 247*100 = 24. 7%. 2008 is better than 2009. FOR 2009 ? Debt to total assets : total debt/total assets 82,995,352,913/91,912,116,442 = 0. 902*100 = 90. 2%. FOR 2008 ? Debt to total assets : total debt/total assets = 66,075,037,954 = 0. 915*100 = 91. 5%. Less debt 2009 than 2008. Financial Statement Analysis Comparative analysis |Item |Year |Year |Comparative |Percentage | | |2009 |2008 |analysis | | |Cash |6,843,689,881 |5,421, 055,640 |1,422,634,241 |26. 4% | |Balance with other bank and |2,490,371,694 |1,174,813,554 |1,315,558,140 |111. 96% | |Financial Institution | | | | | |Money at call and short notice |1,359,800,000 |3,089,900,000 |(1,730,100,000) |55. 99% | |Investment |12,315,204,277 |9,156,612,128 |3,158,592,149 |34. 49% | |Loan and Advance |64,962,312,154 |50,665,074,783 |14,297,237,371 |28. 1% | |Fixed Assets |1,815,564,664 |1,583,387,810 |232,176,854 |14. 66% | |Including land, building, | | | | | |furniture, and fixtures | | | | | |Other Assets |1,740,385,536 |716,430,198 |1,023,955,338 |142. 92% | |Non-Banking assets |384,788,241 |397,763,841 |(12,975,600) |3. 6% | |Total Assets |91,912,116,447 |72,205,037,954 |19,707,078,493 |27. 29% | |Liabilities(borrowing from other|1,390,919,847 |1,256,555,900 |134,363,947 |10. 69% | |bank, Financial Institution and | | | | | |agent | | | | | |Deposit and other account |76,814,651,280 |60,187,435,050 |16,627,216,230 |27. 2% | |Other liabilities |4,789,7 81,786 |4,634,780,266 |155,001,520 |3. 34% | |Total liabilities |82,995,352,913 |66,078,771,216 |16,916,581,697 |25. 60% | |Shareholders Equity |8,916,763,534 |6,126,266,738 |2,790,496,796 |45. 54% | |Total liabilities and share |91,912,116,447 |72,205,037,954 |19,707,078,493 |27. 29% | |holder equity | | | | | Financial Statement Analysis Common size analysis |Item |Year |Year | | |2009 |2008 | |Cash |7. 44% |7. 50% | |Balance with other bank and Financial Institution |2. 70% |1. 62% | |Money at call and short notice |1. 47% |4. 7% | |Investment |13. 39% |12. 68% | |Loan and Advance |70. 67% |70. 16% | |Fixed Assets |1. 97% |2. 19% | |Including land, building, furniture, and fixtures | | | |Other Assets |1. 89% |0. 9% | |Non-Banking assets |0. 41% |0. 55% | |Total Assets |100% |100% | |Liabilities(borrowing from other bank, Financial |1. 51% |1. 74% | |Institution and agent | | | |Deposit and other account |83. 7% |83. 35% | |Other liabilities |5. 21% |6. 41% | |Total liabilities |90. 29% |91. 51% | |Shareholders Equity |90. 29% |8. 48% | |Total liabilities and share holder equity |100% |100% | SWAT ANALAYSIS Every organization has some strength that helps it to survive, some weakness that push it backward, some opportunities that helps it to compete and also some threats that keeps it aware. NBL also has some SWOTs. These are mentioned below. Strengths of organization ? Stakeholder and customer are main Strength. ? Strong branch network. ? Committed to ensure high customer service. ? True accountability. ? Efficiency and loyalty of all sorts. ? Enough human resources. ? Knowledge enhancement. ? New technology. ? Enough local and foreign branches. ? Good management. ? Enough current money collection periods. ? Priorities identified the Corporate Plan to be implemented: ? Enhancing national and international presence as envisaged in the Vision of the Bank. Consolidation of the Bangladesh Operations by opening more branches. ? Maintain the most preferred bank status for Trade Finance. ? Increase the present credit card base. ? Improve exchange turnover and market share. ? Improve the risk m anagement infrastructure. ? Improve key performance ratio. ? Focus the new business by talking the opportunities favoring the Bangladesh economy. Weakness of organization The organization does not have a diversified range of products services. Still the bank is not fully computerized. Manual registers are used in some cases. However, the income of the business is still heavily dependent upon its share on the retail market. It caters less the corporate market than the SCB. This may leave it vulnerable if for any reason its market share erodes. The retail sector is very price sensitive. But it pays very less interest than other banks. So, if they found higher interest rate offering by other private banks of Bangladesh then they will loose customers. It has less promotion campaign than the other bank, because they believe brand value is the top promoting entity for the company. Opportunity of organization National Bank Limited is a customer oriented financial institution. It remains dedicated to meet up with the ever growing expectations of the customer because at National Bank, customer is always at the center. NBL has a goodwill that it provides different banking services to the people with a minimum cost and cut a very little charge on its transactions. Although it already has 100 branches to provide services to its customers, it also has the opportunity to build up more branches to make more convenient for the customers. The banking business of NBL and its other social activities have increased day by day. Sophisticate customer service scheme of the NBL more preferable to customers than other banks. Products services development offers NBL many opportunities. There is the opportunity to develop products and services such as insurance business huge investment in capital market etc. Such high value items will tend to have associated with them, high profits. There are also global marketing events that can be utilized to support the brand such as the sports other cultural activities. Threats of Organization NBL is exposed to the international nature of trade. It has to deals in different currencies and so costs and margins are not stable over long periods of time. Such an exposure could mean that NBL may be doing banking business at a loss. The new technology emerges to protecting the currency value use options for better credit rate earnings. The market for banking sector is very competitive. The model developed by NBL to be world’s local bank is now commonly used and to an extent is no longer a basis for sustainable competitive advantage. Competitors are developing alternative brands to take away the market share of NBL. The roles and regulation of the government and conventional laws of Bangladesh are also act as threats for the growth of banking business development in Bangladesh. As discussed above in weaknesses, the retail banking sector is becoming price competitive. This ultimately means that retail consumers are transacting in bank around for a better deal. So if NBL charges a comparative high price for a bank account service, or loan rate service, then the customers could go to the other bank to compare fees charges for the exactly the same services, and will take decision the cheaper of the two. Such customer’s price sensitivity is a potential external threat to HSBC. Converting Threats into Opportunities NBL has to expose its international nature of trade more efficiently. It has to recover costs and maintains margins over long periods of time. The new technology has to use to protecting the currency value use options for better credit rate earnings. NBL has to come to with other sort of criterion that’s why the competitor have to fight very long to copy that exposure. NBL has to give a better deal in the banking fees charges for the customers for the retail banking sector. Converting Weakness into Strength NBL has to focus equally to both ranges of customers either retail or corporate. It has to build up a proper strategy that’s why the corporate customers can be interested to open more of corporate account in NBL. NBL also has to give higher interest rate for various products services to gain more market share in banking business. They have to advertise their brand name more . They can sponsor their name for various social activities which will bring up NBL value more to the local customers. They can also make social awareness to the local customers. CONCLUSION Today National Bank Limited has proved the long way of continuous success. This Bank not only concentrates on business growth, but also concern about Corporate Social Responsibility. In line with that NBL foundation long ago in 1989. It has experienced successive growth in the recent past. As all the activities those are required to provide valuable services to its customers to make them satisfy, are related with the fund management system, NBL is so much careful about its fund management system. NBL always gives its highest attention in monitoring and managing the bank fund, which is consists of fund, capital, reserve, deposit, loan and advance. At present NBL is successful in effectively and efficiently managing these vital issues. In spite of that, in order to keep its success continue and reach at the pinnacle of success it, its managers, board of directors and employee must have the comprehensive and clear idea about the reserve, fund, loan, capital, deposit and liquidity regarding the smooth control of bank and continue its vital operation toward country’s economic[pic][pic][pic][pic] Page2