Kindly see the instructions Essay Example | Topics and Well Written Essays - 750 words

Kindly see the instructions - Essay Example According to McLagan, Human resource development is a systematic integrated use of training and development, organizational and career development to enhance personal and institutional effectiveness (p23). The primary point of focus in HRD is the training and enhancement of employee capabilities. HRD has been adopted as one of the fundamental courses taught at schools in most of the countries. This paper presents the importance of learning HRD, interests developed, the lessons learnt, and the goals of a prospective human resource manager. Human resource development is a crucial component of the school curriculum course. The reason to study HRD is that it assists students to acquire the skills necessary in preparation to hit the industry which involves, influencing the human capital of an organization in order to bring positive effect on the financial results or outcomes of that organization. The market position has dynamically changed to be very competitive and as a consequence of obsolesce in technology; the product cycle has been shorted further annually. These circumstances or incidents demand for constant changes on every virtue of enterprise working, more precisely at the levels of operations. Such changes need lively collaboration of employees and their support in the efforts of reengineering roles and skill up-gradation. In such cases the organizations should come up with new relations to effectively manage and contain the crisis. With the knowledge of HRD being part of studies, one may be at a supreme advanta ge to make wise decisions and judgments on how jobs are to be redesigned. Learning also HRD as part of the courses taught at school enables one to understand the ever-changing labour market, understand the expectations of the people joining the work force before going to the industry. Therefore attending a HRD class is unavoidable if one has to be a resourceful HRD manager in future. Learning HRD leaves important messages in reflection of

Effects on Divorce on Children Essay Example for Free

Effects on Divorce on Children Essay However some people think that its an easy process to get a divorce two separate roperties and signing papers may seem like an easy task some however there are major problems can arise from the divorce like who is going to keep the timeshare in Aspen. But one vital issue arises with the presence of children and how it will affect them in the long run studies suggest that children that go through divorce express signs of distress for example acting out in school. Divorce is Just as hard on the children as it is the adults and if they overlook this their children might be affected for even years to come showing concern for this might prevent this. More than half of all divorces involve children under the age of 18. Divorce does not only affect the husband and wife, but now more than ever their children get mixed up in the, sometimes ugly, process of divorce. A vital question every parent should consider is will divorce have effects on children and is staying together for the sake of their well-being the best resolution, if not what are the ideal approaches to minimize the childs distress? The overall reason I picked this topic is because after a divorce many young children are confused. They are confused because they are sometimes too young to nderstand what is going on so they tend to scream for help but their parents ignore them. Then they can sometimes start to act out in school and their parents know why they are doing it but cannot help them express their feelings. This topic is sociologically important because young children need help understanding what divorce is and how to cope with it. All of these reason Ill be sure to make a point of explaining them further and using reliable statistics taken from studies of children of divorce. This question should interest almost everyone that plans of getting married in the future. Divorce clearly isnt something that couples want or even expect in a marriage but unfortunately such events occur that lead to divorce and it is crucial to know how it may affect children in the long run. David Masci the author of the article Does divorce turn children into troubled adults? argues that divorce might turn children into troubled adults, and I agree because he provides viable evidence to support his theory. His argument that is supported by new research showing that almost half of all children in the United States have to deal with their parents dissolution of marriage nd these some of these children show signs of distress in the later year. Mainly likelihood of health, emotional, and behavioral problems, lower academic achievement and an increased risk of divorce when they marry. In addition, early sex, out-of-wedlock pregnancy, alcohol and drug abuse, delinquency and suicide are more prevalent among adolescents from divorced families than among those from intact families (Masci) I wholeheartedly endorse what David Masci argues. While many children grow up leading healthy and productive lives after a divorce occurs, they are at greater risk for emotional and physical problems. Some children are more emotionally affected by divorce than others. But some do not experience serious, long-term emotional problems A childs emotional security also becomes more fragile during this difficult time of divorce. Fears that both parents will abandon the child are common. Depending on the age of the child, some of the ways a child might express this emotional insecurity may be large amounts of anger, directed both toward others and themselves frequent breaking of rules, sleep problems, defying parents or teachers, frequent guilt, increasing isolation or withdrawal from friends and family, drug and/or alcohol buse, early sexual activity, thoughts of suicide or violence. Many children of divorce believe that they caused the divorce or that they did something wrong that made one or both parents not want to be with them. These feelings can cause a child to feel sad, depressed, and angry. These negative emotions can contribute to other problems, such as poor health, difficulty in school, and problems with friends, to name a few. Parents can help their children avoid some of the negative consequences of these emotions by using emotion coaching, a process of helping children be aware of and talk about their emotions. Children who experience the divorce of their parents generally are more likely to struggle socially compared to children from intact families. They are more likely to be aggressive, have poorer relationships with same-age children, and have fewer close friends. Also, these children and teenagers appear to be less involved in extracurricular activities, such as sports or music, and other enrichment programs, such as after-school classes or summer programs. This is likely due to less money to pay for such activities, less availability of parents to drive the child and attend lessons and events, ore frequent moves, and visiting and custody schedules that interrupt participation in team sports and other activities. Children and teenagers who experience the divorce of their parents may end up getting less parental supervision. As a result, some scholars believe that these children may be more susceptible to the influence of their peers and this increases the chances of them getting involved in deviant behavior, including drug and alcohol use and smoking. Generally, research has not found large differences in how boys and girls tend to adjust to divorce. However, it seems that boys, more than girls, tend to be more aggressive toward others and this can lead to their friends and peers rejecting them. Boys may be somewhat more likely to act in defiant ways at home and in school; girls may be somewhat more likely to experience anxiety and depression. A childs age when his or her parents divorce is another factor that parents worry about. But divorce on children has not shown a consistent pattern. Some studies suggest that romantic relationships in the future of children of divorce can be affected because of their experiences as a young child. In addition, ome scholars believe that children of divorce are less likely to learn crucial social skills in the home, such as cooperation, negotiation, and compromise that are necessary for success in life. Children exposed to high levels of conflict between their parents, both before and after a divorce, may learn to model the poor communication of their parents.

Internship with MCB Bank Limited

Internship with MCB Bank Limited Executive Summary MCB was built-in in 1997 and was later on privatized by the Government of Pakistan. The Nishat Group bought the major shares of the bank and got the rights to control the banks operations. After the privatization of the bank, MCB has executed different policies to make it one of the best banks of Pakistan; they introduce new products and services and increase its operations by opening new branches in Pakistan. Internship training is necessary for the degree of MBA as per HEC requirement. It is necessary for me to complete an internship session of about 6 to 8 weeks in any organization. I have chosen the banking sector because its my priority to get the job in banking sector and its also relevant to my area of interest and specialization. I did my eight weeks internship at MCB Morgah branch, Rawalpindi. My work at MCB was truly an interesting experience. The branch I have chosen for internship is not a very big branch it has only four departments which includes customer service department, clearing department, remittance department and cash department.I have work in all the departments but major work in done in first three departments as internee is not allowed to work freely in cash department as per the rule of the bank. This report gives an insight of the departments in which I work.In MCB different types of accounts are opened according to the needs of customers. During my internship project for MCB I experienced many new things that I had never experienced before being a student, this document provided details of my achievements in term of practical implementation and understanding of working environment in MCB. I have also learnt the work of the photocopier as I am assisting the officers so its in my duties to d o the photocopy as requested. I would like to highlight this that my experience with MCB was very memorable and full of learning, where I found a lot of information.MCB is amongst the pioneer in introducing the new technology-based banking services. The human resource department of MCB is playing an important role in its growth. INTRODUCTION 1.1 HISTORICAL BACKGROUND OF MCB MCB is among the leading banks of Pakistan who has deposit base of Rs. 400 Billion and total assets over Rs.600 Billion. Built-in 1947, MCB soon earned the name of a solid and conservative financial institution controlled by the expatriate executives. In 1974, MCB was nationalized.The Bank has a customer base of approximately 4 million, a nationwide distribution network of over 1,150 branches and over 600 ATMs in the market. MCB Bank Limited which was previously known as Muslim Commercial Bank Limited is not an overnight success story. It was integrated by the Adamjee Group on July 11, 1947 under the Indian Companies Act, VII of 1913 as a private limited company. The bank was established with a view to provide banking facilities to the business people of the South Asia. After the partition of the Indo-Pak subcontinent, the bank moved to Dhaka from where it commenced business in August 1948. In 1956, the bank shifted its registered office to Karachi. Thus, the bank inherits a 60 years legacy of belief of its customers. MCB was the first bank which is privatized in 1991 the bank was purchased by Nishat Group. Nishat Group is one of the leading business groups in Pakistan.http://www.bankalfalah.com/images/man7.jpg Mian Mohammad Mansha is the Chairman of the group he has played active role in success of MCB. In acknowledgment of Mr. Manshas contribution, the Government of Pakistan has awared him with Sitara-e-Imtiaz, which is one of the most prestigious civil awards of the country. 1.2 OBJECTIVES OF MCB C:Documents and SettingsAdministratorMy DocumentsMy PicturesMission_Insert_globe.jpg 1.2.1 VISION STATEMENT To be the leading financial services provider, partnering with our customers for a more prosperous and secure future 1.2.2 MISSION STATEMENT We are a team of committed professionals, providing innovative and efficient financial solutions to create and nurture long-term relationships with our customers. In doing so, we ensure that our shareholders can invest with confidence in us. 1.2.3 CORE VALUES OF MCB The core values of MCB are as fallows 1.3 ORGANIZATIONAL STRUCTURE For successful handling of the branches, MCB has been categorized into three segments with different people handling each category. These categories are: Corporate Banking Commercial Banking Consumer Banking 1.3.1 ORGANIZATIONAL STRUCTURE OF MCB SEGMENT WISE MANAGEMENT OF MCB MIAN MOHAMMAD MANSHA CHAIRMAN S.M. MUNEER V CHAIRMAN MOHAMMAD AFTAB MANZOOR C EXECUTIVE TARIQ RAFI DIRECTOR SHEIKH MUKHTAR AHMED DIRECTOR MOHAMMAD ARSHAD DIRECTOR SHAHZAD SALEEM DIRECTOR RAZA MANSHA DIRECTOR SARMAD AMIN DIRECTOR MIAN UMER MANSHA DIRECTOR OVERSEAS BRANCHES MCB has seven overseas branches furthermore, the bank has some proposals under consideration to open more branches in some European countries and as well as in Japan china TOTAL NO OF BRANCHES 7 COLOMBO 1 MARDANA 1 PETTAH 1 OBU BAHRAIN 1 WELLAWATTE 1 EPZ 1 KANDY 1 1.4 PRODUCTS AND SERVICES OF MCB PHONE BANKING MCB SMART CARD MOBILE BANKING MCB TRAVELLER CHEQUES SMS BANKING MCB MONEYGRAM CORPORATE FINANCING MCB INVESTMENT BANKING MCB FULL DAY BANKING MCB TRANSACTION BANKING MCB LOCKERS MCB SAVING 365 ACCOUNT MCB REMIT EXPRESS MCB SAVING XTRA ACCOUNT MCB ISLAMIC BANKING MCB CURRENT ACCOUNT MCB INTERNET BANKING MCB BUSINESS ACCOUNT MCB EASY BILL PAY MCB FOREIGN CURRENCY ACCOUNT MCB CAR 4 U MCB WORKING CAPITAL MCB ATM MCB DIMINISHING MUSHARIKA(NEW) MCB VISA PLATIUM MCB GURANTEE(NEW) MCB PRIVILIGE BANKING MCB ISTISNA POST SHIPMET(NEW) MCB BANCASSURANCE MCB DREAM WEDDING MCB RETIRE EASY MCB PROTECTION PLAN MCB LIFE PARTNER MCB DYNAMIC CASH FUND MCB KHUSHALI BACHAT ACCOUNT MCB BASIC BANKING ACCOUNT MCB PRIVATE LIMITED ACCOUNT MCB PUBLIC LIMITED ACCOUNT 2. LEARNING AND EXPERIENCE 2.1 INETERNSHIP SELECTION AND RATIONALE FOR SELECTION Internship training program during Master in Business administration Program is necessary for the degree of MBA as per HEC requirement. It is compulsory for me to do internship of about 6 to 8 weeks in any organization. I have chosen the banking sector because I want to gain the practical knowledge about the finance and its in my priority to get the job in bank and its also relevant to my area of interest and specialization. I choose MCB because of its prestigious name and reputation. Another solid reason of choosing MCB is that my Uncle is also working in MCB, so I have a reference too. 2.2 INFORMATION ABOUT MY BRANCH I did my internship in MCB Morgah, Rawalpindi whose branch code is (1389).This branch is previously known as Al-Shifa Branch because this branch is previously in Al-Shifa Eye Hospital recently it was shifted out of the hospital to main Morgah Chowk. This branch is not a very big branch having only four main departments. This is ONLINE branch but have no ATM is installed on it. Its main account holders include Pakistan Oil Field, Fauji Foundation University it has both students fees bill account and faculty accounts. 2.2.1 MANAGEMENT OF MY BRANCH Mr. ABDUL GHAFOOR BRANCH MANAGER Mr. BASEER NASIR OPERATIONAL MANAGER Mr. HAMMAD CLEARING OFFICER Mr. MOHSIN CASH OFFICER Mr. MANSOOR-UL-HASSAN MARKETING OFFICER Miss BEENISH G/L OFFICER Mr. ARSHAD SECURITY GUARD 2.2.2 DEPARTMENTS IN WHICH I WORK I did internship in the MCB online branch for the period of 2 months. During the internship, I have worked at different departments, which are as follows, Customer Service Department Clearing Department Remittance Department Cash Department. 2.2.3 MY JOB DISCRIPTION My job is to assists the staff members of the branch at different positions. I have not given any separate job and no separate task has been assigned to me. I helped the staff in the routine matters like filling of different forms, cheque filling, photocopying, opening of an account, stamping on vouchers etc Bank is a very difficult type of organization and a very sensitive place to work; confidentiality and trust is essential. That is the reasons due to which many areas are still reach less for internees like cash operations, computer operations and issues like that. 2.3 DETAILS OF TRAINING DEPARTMENT WISE 2.3.1 CUSTOMER SERVICE DEPARTMENT In this department I was under the supervision of Mr. Mohsin, who is Customer Relational Officer. In this department Mr. Mohsin has taught me how to deal with the customers, how to fill the account opening forms, KYC forms and to check the balance from the SYMBOL software though I am not allowed checking the balance because of secrecy problems. LEARNING TASKS PERFORMED IN CUSTOMER SERVICE DEPARTMENT: The major task performed by me in this department is that I have opened the accounts of faculty members of FAUJI FOUNDATION UNIVERSITY by personally visiting the university. I have learnt about the opening of an account, the documents required for the opening of the account i.e Personal ID card, Next of kin ID card, valid mailing address, Salary slip in case of salaried person, NTN in case of business account etc I have come to know about the nature of different accounts and come to know that which account is suitable for which type of the customer like BBA account for salaried persons. How to communicate with the customers and tell the customer about his/her quires and tell the customer about the new products and services offered by the bank. I have learnt how to check the balance from the SYMBOL software though I am not allowed to check the balance in the absence of CRO. How to write a cheque, fill the deposit slip for the cheque and to fill the form for the ONLINE transfer of fund. How to tell the balance on the telephone after proper verification. How to reactivate the Dormant Account. I have learnt about the procedure for the issuance of ATM card. How to maintain the ATM cards in proper order. 2.3.2 CLEARING DEPARTMENT In clearing department I worked under the supervision of Mr. Hammad and learned a lot from him I have learnt about the inward and outward clearing. 2.3.2.1. MEANING OF CLEARING In clearing the banks exchange cheques and other negotiable instruments drawn on each other within a specific area and in this manner safe payment for their customers through the Clearing House at precise time in an well-organized way. 2.3.2.2 PARTIES INVOLVED IN CLEARING There are basically two parties involved in clearing. 1. NIFT: NIFT stands for National Institutional Facilitation Technologies. It is the facility given by the SBP to a private organization named NIFT. The duties of the NIFT includes, to collect the cheques, demand drafts, Pay orders and Travelers Cheques, etc. from all the branches of different banks within city through its carriers and send them to the branches for clearing. 2. CLEARING HOUSE: It is a place where cheques are presented, collected from the bank branch. It is one of the services provided by NIFT to other commercial banks. NIFT acts as a clearinghouse. 2.3.2.3. TYPES OF CLEARING: There are basically two types of clearing. OUTWARD CLEARING: In outward clearing when cheque is received two copies of voucher are prepared, one c opy and instruments along with clearing stamp, realization stamp, add list and two vouchers of clearing abstract are sent to NIFT INWARD CLEARING: In Inward clearing instruments received from NIFT are posted in Computers after checking. 2.3.2.4. INSTRUMENTS USED FOR CLEARING Following are the Instruments used in clearing department. Transfer, Transfer Delivery, Clearing, Cheque collection Pay in slip. 2.3.2.5. DIFFERENT REASONS OF CHEQUES DISHONOUR FROM CLEARING In inward clearing sometimes cheques are not passed due to some reasons then cheques are sent back to NIFT along with cheque return memo. Some of these reasons are Cheque is returned because some time it is incomplete Cheque is returned if the clearing stamp is required. One another main reason of cheques return is incompleteness or difference in Drawers sign from specimen One reason of returning of cheque is that drawer stop the payment. Cheques are also returned because of insufficient funds etc. LEARNING IN CLEARING DEPARTMENT: My learning in clearing department was of following things: I have learnt about the clearing procedure, types of clearing inward outward clearing. I have learnt how to check the cheques. I have learnt the different reasons of returning of cheques from NIFT. I have learnt how to prepare the sheets for clearing. I have learnt how to maintain clearing register. I have also learnt about the instruments used in clearing. I have come to know that the cheques are cleared on the next day. Once the NIFT department collect the instruments, any instruments received after that will be cleared after two days. 2.3.3 REMITTANCE DEPARTMENT Bank Alfalah Remittance 2.3.3.1 MEANING OF REMITTANCE: Remittance is the transfer of resources from one place to another or from one person to another. It is an important facility provided by the banks to its customers as well as to its non-customers. Since it is not a free service it is a source of income for the bank. In Morgah branch the head of Remittance Department is Mr Hammad. 2.3.3.2 PARTIES INVOLVED IN REMITTANCE The following four parties are involved in remittance are Remitter Remittee Issuing bank Paying bank 2.3.3.3. TYPES OF REMITTANCE: Remittance is classified into following four types INWARD REMITTANCE: The instruments received for payment OUTWARD REMITTANCE: Instruments issues to the responding branches. INLAND REMITTANCE: Those instruments which are issue within the country. FOREIGN REMITTENCE: Instruments issue from one country to another country. 2.3.3.4. INSTRUMENTS USED IN REMITTANCE: Demand Draft (DD) Telegraphic Transfer (TT) Pay Order (PO) Call Deposit Receipt (CDR) Rupees Traveler Cheque (RTC) MY LEARNING IN REMITTANCE DEPARTMENT: I have learned the following tasks in this department, My learning includes how to fill the forms of TT, DD, MT etc. I have worked during the Holy month of Ramzan. Zakat is deducted in this month so the bank gives the facility of CDR to its loyal customers who dont want to give zakat. I have also learnt how to make (CDR). I have learnt about the different instruments used in remittance. I have come to know about the different types of remittance. 2.3.4 CASH DEPARTMENT C:Documents and SettingsAdministratorMy Documentsdollar-pakistan.jpg The cash department is the most important and confidential department of the bank. In cash department both cash deposits and withdrawals go side by side. In this department I havent perform any task but I have learnt different thing about this department. This department is involved in two activities Cash Deposits and Cash payments. The officers in this department are called tellers and there are two tellers in Morgah branch Mr. Ahsan and Mr. Sabir. The Books maintained in the cash department are as fallow Cash Receipt Book Cash Payment Book Cash Balance Book MY LEARNING IN CASH DEPARTMENT I have not performed any task in this department but my learning in cash department includes In this department I come to know about the Strong Room. Strong room is the room where cash is deposited and stored. The keys of this room are kept by Manager, Operational Manager and the cashier. MCB has three categories of cash which are Sorted Cash, Soiled Cash and Unsorted Cash. Sorted cash is issued to the customer, soiled cash is basically destroyed cash which is not issue to customer but sent to state bank for reissuance. Every Bank has a cash limit which it can store after banking hours like in Morgah branch cash limit is 5 Millions. This amount of cash is insured by the state bank. I have learnt to fill the deposit slip and how to write a cheque for cash withdrawal. The cheque books are kept in the strong room. Internees are not allowed to go in this room. SWOT ANALYSIS OF MCB C:UsersusmanDesktopswot_img2.gif 2.3.1 INTERNAL ANALYSIS OF MCB Internal analysis of the MCB is the analysis of its strengths and weaknesses. MCB can enjoy Competitor advantage on other by increasing its strength and by making strategies to minimize its weakness; Following are the main strengths and weaknesses of MCB. STRENGTHS OF MCB: Strength can be defined as an area where a company is best at doing something as its competitors do. MCB enjoys the following strengths MCB was the first privatized bank because of which it has competitive advantage over other nationalized banks as it is free to make any market oriented strategy without political and government pressure. MCB is that it is the oldest private bank that has more than 1100 branches with online branches approx 650. It is the third largest bank in Pakistan. MCB is a well traditional bank who has a long record of over 60 years of experience and profitable operation. In MCB the default rate of the customers are very low than other banks like (The bank of Punjab) etc. MCB was the first bank who introduced e-banking and its Traveler cheques have been market leader for the past seven years MCB has cope with the challenges of latest technology by introducing the products like Virtual banking, Mobile banking etc. MCB has been updated with the market. MCB have diversification of products and services for every type of customers like Privilege account, Debit card, Visa card, Car financing ,Agriculture financing etc MCB invest large about of money on training and development of employees so as to make them talented enough to cope up with the upcoming challenges. MCB has the competitive advantage on the other banks because of its reputation as Award Winning Bank. MCB win the award of Best Domestic Bank in 2000 and 2001 by euro money. MCB now make a contract with Cirrus who is a subsidiary of MasterCard. This contract with Cirrus will enable the ATM card holder to use his account even when he is out of the country. MCB have faster banking services that are making it more prominent in the banking industry especially in Operations and Foreign exchange. The customer prefers this bank not only because of its faster speedy service rather due to reasonable service charges. MCB not only provides high quality services but it also look for the comfort and ease of the clients, MCB always preferred their customers. WEAKNESS OF MCB: Weakness is defined as an area in a company where the company is not as good at doing something as its competitors do. MCB has the following weaknesses In MCB most of the employees lack administrative training as they are not properly educated. Due to seniority, they have moved up to the Grade-I, II or III positions having hardly masters degrees. Most of the senior staffs are computer shy and unable to operate the computers because of which they cannot apply the modern and innovative techniques of management in decision making. The advertisement campaign of MCB is very weak or you can say you hardly see any advertisement. They have to focus on this aspect as electronic media make great impact on the customers mind as the latest marketing campaign of HBL in which they have used a very famous character of Mr Bean. MCB should advertise about their products so that customer gets aware about their products. As recently MCB become Centralized which have positives as well as negative aspects as now for account opening form is sent to Head Office Karachi because of which customers have to wait a lot and the account opening procedure become so much tougher that customers prefer to open their accounts to other banks whose account opening procedure is easier. Another weakness of MCB is the Favouritism and Nepotism in recruitment or you can say it is the weakness of almost every organization in Pakistan but for betterment of MCB they have to recruit the employees on the basis of merit. The overseas branch network of MCB is limited. It has only seven overseas branches whereas HBL has twenty overseas branches and NBP has fifteen overseas branches so MCB has to open more branches so as to compete with its competitors. The employees in MCB are not satisfied with the reward system. Rewards should be given after the performance appraisal. Employees of MCB at branch level are not rightly motivated to do their work with full concentration they take the all routine activities as a boring job. The ATM network of MCB is largest ATM network in Pakistan but still there are certain areas that dont have the ATM. Most of the branches of MCB are computerized but still there are some important branches that dont have computers. The software used by MCB for online purpose is SYMBOL which is excellent but sometime because of link down or disconnection many customers face problems. Another main issue which the employees of MCB face is regarding the work timing. On record the work time is from 9 to 5 but officially they usually go home after 7 or even after 8 because of which their productivity decreases. There is no separate time for launch because of which the employees health and efficiency decreases. 2.3.2 EXTERNAL ANALYSIS OF MCB MCB has to monitor its environment constantly to cope up with new developments and changes in the environment. A change in the external environment may be either an opportunity or threat. In either case the MCB has to properly use it strengths to avail the opportunities and avoid or minimize the off-putting effects of threats. Following are the main opportunities and threats of MCB. OPPURTUNITES OF MCB: In MCB context following are the opportunities MCB have MCB can boost its Rupee Travellers Cheques (RTCs) sales by searching for new market segments. MCB can launch new debit card system or can convert the existing ATM cards into a complete debit card. Leasing sector in Pakistan is growing rapidly for the last three to four year which gives the bank an opportunity to go ahead in this area. MCB can go for the new products launch by different banks like HBL ATM bill payment, UBL Omni Dukan, UBL Business Partner, UBL Selah Mila etc MCB can open new overseas branches to expand its branches and operations to compete with its competitors. MCB can finance to small industries and handicrafts industries and can launch more effective and new well managed online banking system. MCB can also increase Islamic banking to boost the business of the bank. MCB can also go for the student finance service and it can also introduce mobile ATM. THREATS OF MCB: Threat can define as a change in external environment which if not met with proper strategies will result in loss of revenues. In the context of MCBs external environment the following potential threats exist MCB greatest threat is from other private commercial banks with sound success e.g. UBL, Alfalah, and HBL etc. The threat which every organization including MCB in Pakistan is facing is of the political and economic instability. Changes in the government policies have badly affected the banking business as the banks have to wait to get permission of state bank. The war against terrorism has negatively affect Pakistans economy, which may affect MCB. Another threat for MCB is from the prosperous foreign banks. MCB have to upgrade its system and should launch new and innovative products so compete with its foreign competitors. Pakistan is an Islamic state where mostly people are Muslims and are abide by the religious laws which dont allow them to use some features of banks like Interest on deposits so they dont prefer banking culture. The new product like UBL Selah Mila is a great threat to MCB as they are giving discounted mark ups to those customers who have good credit history and trying to get the customers of MCB. The decrease in the purchasing power of the customers in the current economic situation affects the banking sector too much and the result is the low investment from the investors in new projects. RECOMMENDATIONS Recommendations are basically pinning out the weaker areas of the organization and develop strategies to overcome these weaker areas by giving suggestions. After working as an internee in MCB for the period of two months I am able to make the following recommendations for the bank. The most important area where MCB has to improve is its advertisement. MCB should give proper advertisement of its products extensively to create awareness about the products and to capture the large market share. MCB should decorate the branches as the most of the modern banks attract customers with their modern office looks and fresh environment. MCB should recruit the applicants on the basis of merit and skills. The HR department of MCB should not recruit the applicants on the basis of Favoritism and Nepotism. HR department of MCB should give proper training to its employees so that they can cope up with the future challenges and they should arrange different workshops for the employees on better communication of staff with customers. In MCB training should be provided with job rotation so as to make the employees talented enough to do others work in case of emergency. MCB should introduce the new, better and transparent reward system because it is very important requirement in order to reduce the problems regarding employee retention and employee motivation. MCB should announce the proper time for Launch Break, so that the employees do their work more efficiently. The staff should be given some sort of decision making authority that enables the employees involvement and boosts employees trust and confidence. MCB should also introduce new and innovative products so as to compete with its competitors. ATM machine must be maintained accurately to make it more convenient for the customers and to decrease the work load of the employees especially in the salary days. MCB should solve the problems regarding the link down and disconnection of SYMBOL software in order to provides more convenience to customers. The employees of MCB need more computer training. CONCLUSIONS MCB is using the SYMBOL software which is very efficient. The computerized branches have enhanced the performance of the bank. The bank provides a favorable environment for career growth. The bank gives too low rate of interest on deposits because of which customers are shifting to other banks. Recently MCB bank has implemented the centralized system which decreases the efficiency because of delay in work and low employee involvement. The procedure for the accounts opening is too lengthy as now forms are sent to Karachi Head office for approval. The large branch network, ATM installation and diversified products provide the bank a competitive advantage. The main focus of the bank is their customers and they are providing the customers different diversified products with minimum service charges. Finally I concluded that MCB is the very good organization for the long carrier working. The branch officers are very efficient, skillful, loyal and competent. The officers of my branch are very hard working usually they work more than their working hours which show their loyalty and commitment towards MCB. I found myself very lucky to work with one of the prestigious bank and to get the practical knowledge about MCB and its present scenario. It was a very challenging and informative experience. I came to know about the working of the banking sector and whatever I have learned was very enlightening. I come to know many things like opening of an account, closing of an account, how to active the dormant account, about the clearance and remittance procedure etc. I came to know the actual working of bank and whatever I studied in the university was a great help and I was able to apply my theoretical knowledge by implementing it during the internship.

The Effect of Technology on My Life :: Exploratory Essays Research Papers

The Effect of Technology on My Life I roll around on my bed, tossing and turning. The blare from my alarm clock deafens my right ear, and I quickly throw an arm over to it and slam on the snooze button. It is 6 o'clock in the morning, and already technology has affected my life. I fall to my feet and walk towards the showers. Another form of technology is about to take over my life. Well, at least for the next ten to 20 minutes. The alarm clock, running water, these are only two of the millions of examples of technology I will encounter today. I place technology into two, well, three basic categories: Informative, which helps us obtain and use information, Communicative, which includes language, signs, and the like, and that help us communicate with each other, and Useful, such as electricity and running water. These are the things that make our lives easier and help us get through the day to day. Also, there are those things that we are taught. I believe that learning, such as being racist, is a technology. Okay, so I have four categories, all right? Education and Learning is the fourth. I believe this because you are not born a racist, you're your environment and those you are around teach you to be that way. Also, it ties in to other forms of technology. Like, when you're a baby, you can't speak, so you have no way to communicate how you fell. But as you grow older, you learn language t hat you hear being spoken around you. You slowly pick up on the words and phrases used to express desires and thoughts. This is learning and teaching as technology. This "story" is about how my life is affected by technology, and so I got to thinking: What better way to explain this than to take you (the reader) on a journey through a typical day in my life? Here we go. I've already woken up, and taken my shower, and now I trudge back to my room to get ready for my classes. I turn on my lamp (technology), without which I couldn't put on my make-up.

Negative and Positive Effects of Prohibition in Canada

During the years of 1918-1920 Canada had a brief moment of prohibition. During this period in time drinking alcohol was considered illegal. As a result many negative and positive side effects had taken place in the country. Although the ban of alcohol may have been able to do great good on Canada, the people’s reaction to it completely flipped it around. Although it may have been overall a disastrous idea; Canada still managed to benefit from prohibition just like the United States (maybe even more). Although our Country may have benefitted greatly from the illegalization of alcohol, Canada still became a lot darker.Organized crime and bootlegging became a lot bigger since people wanted to keep drinking regardless of what the law said. Thanks to this many police became overburdened and stressed out since they had to keep going out of their way to arrest these people going against the law. It does not end there though; many people also lost their jobs since alcohol became illeg al and had to resort to crime. It still gets worse. Alcohol was sold in the same manner as many illegal drugs such as Cocaine, LSD, Meth, etc.Because of this the people buying didn’t know if the drinks they got were reliable / safe to drink (most of them weren’t). Because alcohol was made illegal, the people who were poisoned by these drinks weren’t able to report them so they can get treated (treatment also happens to be very expensive). Now the root of all these problems is the fact that many people happen to have drinking problems. Unfortunately for these people the treatment of these drinking problems were also prevented so they couldn’t fix their problems that may result in their deaths later on thanks to the unreliability of the alcohol they buy.Thanks to prohibition the law enforcement, the court systems, and politics became permanently corrupted. Because organized crime became so powerful, they were able to bribe, blackmail, or even murder anyone who tried to stop them. They were even able to get one of their men into a high position of power by cheating in elections. Now you may be wondering what would be one of the causes for something this horrible. If you must know it is religion. Thanks to what the religious jerks kept preaching, many people couldn’t find a job and had to resort to crime to support their families.They couldn’t find a job because the influential groups kept telling others that they were coming from the â€Å"devil’s work†. Many religious figures preached that if alcohol would be made illegal then god would â€Å"bless† America and usher in a great paradise. Ironically the exact opposite happened. Because of these false promises that ushered in far more harm than good, many people lost their respect towards religion and stopped listening to what they preached†¦ Wait why this is listed on under a negative effect of prohibition, that has got to be one of the greatest things that have ever happened in North American history.Long story short, prohibition was just one failure after another Although many negative impacts came out of prohibition; it wasn’t exactly an all-out failure. Canada still benefitted in many positive ways through prohibition. Although many people resorted to crimes and felony, other people decided to make themselves useful and help benefit society by finding another job. It also ended the great sausage parties (this means women were finally allowed to join in on parties and other places such as bars, clubs, etc).Unfortunately that is just about it for the non-alcohol related positive effects of prohibition. Some people were very stubborn and still wanted to keep doing what they did before even with prohibition taking place. So instead of resorting to crime or finding another job they decided to travel to a different country and continue what they were doing before without a care in the world. Thanks to these people, man y drinks exclusive to only North America were shared with other countries and their drinks were shared with North America when the Bartenders came back after prohibition.In a way these people helped unify many Countries and help build a healthy relationship between them. Also during prohibition car racing became famous since many people had to upgrade their cars to evade the police as they went about selling illegal narcotics. Not many people know how this evolved into the great sport of car racing but it just did. Prohibition although disastrous and unpredictable did do North America one great favor. Because of all the failures and disasters caused by prohibition many people lost respect towards the religions that enforced prohibition.Thanks to that the people of North America were able to become more self-aware and not act as some mindless puppet of their religion. Unfortunately although Canada may have experienced numerous positive impacts thanks to prohibition; it was still not enough to remove the amount of negative (and beautifully positive) impacts that continued to plague the country even after it was removed for good. Law enforcement, the court system, and politics became permanently corrupted and have remained corrupted even to this day.Many people were financially, emotionally, and morally broken and suffered greatly during the twenties and thirties. Due to a great many people losing their jobs because of Prohibition they had to either find lower paying jobs, or become criminals. This really tore people apart. It also permanently created and maintained an uncanny amount of disrespect for the law. The reason for this is because everyone broke the law of prohibition, which technically made them criminals. Prohibition made people view the law as something stupid and unimportant instead of what it was meant to do (good and protecting).Prohibition did nothing to encourage respect and obedience towards the law, it did the opposite. Although the illegaliza tion of alcohol can indeed benefit society greatly, it cannot be done because of the huge role alcohol plays in society nowadays. In Conclusion, prohibition resulted in many positive and negative effects to take place in Canada. Although the ban of alcohol may have been able to do great good on Canada, the people’s reaction to it completely flipped it around. Although it may have been overall a disastrous idea; Canada still managed to benefit greatly from prohibition.

How do I learn best Essay

How do I learn best? Cal state University How do I learn best? Simply defined, your learning style is the way you tend to learn best. Learning styles do not gauge a person’s abilities or intelligence, but they can explain why some tasks may seem easier than others. According to the VARK system, five learning styles exist: visual learning style, auditory learning style, reading and writing learning style, kinesthetic learning style and multimodal learning style. Visual learners use graphic presentations like charts, diagrams, and graphs to understand information. Aural learners rely on discussions, recordings and lectures to process information. Kinesthetic learners learn best when they can put concepts that they are learning into actions or activities for which they rely on videos and demonstrations. Majority of learners fall under the multimodal strategy of learning. Multimodal study strategy is a learning method which utilizes various sensory modalities of a learner. Utilization of multimodal strategy â€Å"has expanded the ways we acq uire information and understand concepts.†(â€Å"Position Statement on Multimodal Literacies,† n.d., para. 13) Multimodal strategy combines print, images, animation, speech, and sound as its style. (â€Å"Position Statement on Multimodal Literacies,† n.d., para. 15) The Multimodal Study strategy allows for switching between various styles, that is, visual, aural, read/write or kinesthetic, for the purposes of better communication and learning. The more varied ways a person learns something, the more truly that person understands that concept, (Lazear, 2008) gains a deeper understanding of the subject and retains the information longer. In utilizing the multimodal structure of education, the educator can accommodate use of various tools like visual graphics, documentaries and interactive modules to supplement a lecture. This helps in reinforcing the material being taught. Utilizing methods that stimulate different senses facilitates learning. (Heady, 2010, p. 247) Multimodal learning is more effective than unimodal learning. When different senses are combined such as visual with auditory, higher-order learning occurs. (Metiri Group, 2008, p. 14). However, this also has a negative aspect. It’s  important for the educator to create a balance between various modalities. Frequent switching between different modalities can cause â€Å"overload† of information and confuse the learner. (Maier, n.d., para. 3) Learne rs may lose focus and have difficulty understanding. People with multimodal learning style may often â€Å"switch† to an inappropriate mode that will negatively impact their learning capability. So it is imperative for multimodal learners to know how and when to switch from one modality to another to stay focused and enhance their learning process. Read/Write study strategy works for many learners. The read/write learners prefer visual material presented in a written format. In this category, the learner intakes the information by making notes, which include lists and headings, organizing visual graphics into written statements. The learner utilizes resources like dictionaries, textbooks and, manuals. After gathering all information the learner proceeds to make a package for learning. This is done by writing and reading one’s notes multiple times. For many learners this strategy works for them as writing what you read makes you go over information again which also serves as a revision. Often breaking down what you read into your own words makes you remember things more vividly. However, the read/write style is considered a traditional style of learning. Studies suggest that avid offline readers are not the best online readers and vice versa. (â€Å"Reading Online,† n.d., para. 4) With the onset of distant learning, such as online programs and e-learning formats, t he read/write style learners will have to accommodate new methods into their learning pattern and that’s where being a multimodal study strategy style learner can come in handy. One should learn from peers how to utilize a different study strategy and accommodate their style into one’s own style of learning. It is important to recognize your preferred learning strategies and the identified strategies for your learning style. Combining the two can help the learner become more proficient by utilizing various senses simultaneously. It is important to know that some concepts are best understood using various modalities or a different study strategy. At the same time learners should also recognize that being a Multimodal learner can help as it can reduce their learning and understanding time. By putting extra effort one can recognize and use the best modalities that work in understanding a subject. No single learning style is better than the other. Every individual learns differently. It is important to know which style suits you. It may take time and effort on the learner’s part to conclude which style aids in their learning best but once known, your strategy of learning will empower you with best learning abilities contributing to your success. References Lazear, D. (2008). â€Å"Multi-Modal† Learning by David Lazear. Retrieved from http://www.davidlazeargroup.com/free_articles/multi-modal.html . (n.d.). Retrieved from http://www.readwritethink.org/professional-development/strategy-guides/reading-online-30096.html Heady, S. A. (2010). Health Education. In C. L. Edelman, & C. L. Mandle (Eds.), Health Promotion Throughout the Life Span (7 ed., pp. 243-258). St. Louis, Missouri: Mosby Elsevier. Maier, C. (n.d.). Multimodal Teaching Strategies. Retrieved from http://www.ehow.com/info_12049345_multimodal-teaching-strategies.html Metiri Group. (2008). Multimodal Learning Through Media: What the Research Says. Retrieved from http://www.cisco.com/web/strategy/docs/education/Multimodal-Learning-Through-Media.pdf NCTE Position Statement. (n.d.). Retrieved from http://www.ncte.org/positions/statements/multimodalliteracies