Sunday, March 15, 2020
Citibank Organisational Structure Essay Example
Citibank Organisational Structure Essay Example Citibank Organisational Structure Paper Citibank Organisational Structure Paper Citigroups Corporate and Investment Banking provides a comprehensive range of world-class investment and banking services to corporates, governments and institutional investors in more than 100 countries around the world. We have significant operations in the worlds most important financial and investment centres including London, New York, Boston, Frankfurt, Hong Kong, Milan, San Francisco, Singapore, Sydney and Tokyo among many others. In Australia and New Zealand, Citigroup has been an industry leader for over thirty years and today offers the broadest range of financial products, the most in-depth local and global industry expertise and the most comprehensive coverage of the worlds financial markets. We are consistently ranked as the largest underwriter of equity and debt, and in the top tier of providers for MA advice and securities trading. We are a leader in the provision of commercial banking services including cash management, foreign exchange, trade and treasury services. Citigroups unmatched level of products, services, and geographic presence, combined with the worlds largest bank balance sheet, makes us the premier financial organization for corporate and institutional clients in Australia and New Zealand. 10Organizational Structure Chairman CEO Audit Committee* Risk Management and Finance Committee Personnel and Compensation Committee* Nomination and Governance Committee* Public Affairs Committee Citi Holdings Oversight Committee Ad Hoc Committees as necessary* Each member of these Committees must be Independent. ââ¬Å"Quality-Loyaltyâ⬠Award for the Latin America Operations Center of Excellence On May 24th, the Norwegian Embassy in Mexico City presented the International Organization for Standardization (ISO) 9000-27000 ââ¬Å"Quality-Loyaltyâ⬠award to the Latin America Operations Center of Excellence (COE) group reflecting Banamexââ¬â¢s long term commitment with the ISO strategy. This commitment started ten years ago with a continuous follow up by the people involved in the Banamex Operations group, which eventually evolved into the Latin America COE group created in 2007. The ISO discipline has been embedded into the day to day activities of the Operations group, allowing them to revalidate the ISO certification year after year during this period. Alejandro Villalpando, a member of the Latin America Operations COE group, says they are aiming for a new goal, which is to include secondary processes in the scope of the certification. Other areas that have participated in the ISO certification besides the Latin America COE Operations are Operations Mexico and Latin America Customer Service.
Friday, February 28, 2020
Internal Analysis and Strengths & Weaknesses for Costco in US Research Paper
Internal Analysis and Strengths & Weaknesses for Costco in US - Research Paper Example Firstly, Costco USââ¬â¢ organizational structure experienced a dramatic change when its depot restructured its working hours by reducing them from 16 to 9 operational hours a day. This streamlined their entire working schedule by saving them on the employment remuneration packages. In addition, the company resorted to readjusting their day-to-day operations to fit into their new working timeline. This increased the efficiency of all employees who had to maximize their efforts in order to keep up with the demands brought about by their new working schedules (Hoovers, 2012). Secondly, Costcoââ¬â¢s Human Resources sector also experienced a change. Employeesââ¬â¢ wages and benefits packages increased considerably. This ensured their employees remained dedicated to working hard throughout the restructuring phase, which brought about several changes within the organizationââ¬â¢s structure. As a result, the company recorded extremely low employee turnover rates despite the new, intensive working hours introduced by the companyââ¬â¢s management. Therefore, this provided the management with an opportunity to boost the morale of employees in a crucial time, which entailed the company undergoing some massive organizational changes. Most organizations are aware of the repercussions brought about by demoralized employees resulting from the introduction of changes affecting the entire organization. Therefore, Costcoââ¬â¢s decision to increase the wages and benefits awarded to employees was a strategic move that would help counter future problems resulting from the organization deviating from the norms. Just like other organizations, Costco relies on the satisfaction of their stakeholders. Meaning, appeasing them is the first item on their priority. Since, its establishment, Costco continues to rely on customer loyalty as an integral part of sustaining business operations. Therefore, they approach their CSR strategies from the point of view of their stakehol ders. This means that they ensure the company operates in a way that their stakeholders would approve of without causing any negative reactions. Therefore, the pricing of their products occurs in a way that attracts and maintains the loyalty of their members. Furthermore, they also ensure the quality, and the uniqueness of goods and services offered remain high. Costco strives to maintain an exceptional relationship with its stakeholders. An analysis of Costcoââ¬â¢s internal operations presents the following strengths or capabilities (Goldberg 2006). They include: â⬠¢Low mark-up policy- the 15% and below profit mark-up policy on their goods allows Costcoââ¬â¢s to set low, affordable prices for their clients. This helps to maintain customer loyalty while attracting new customers. Clients are also able to purchase goods for future sale at prices which will allow them to price their goods at reasonable prices. â⬠¢Rarity in the goods they stock- this provides customers wit h unique goods rarely stocked by other stores. The fact that these goodsââ¬â¢ prices are also cheap makes Costco peopleââ¬â¢s preferred place to shop. â⬠¢Consistent, reliable supply of goods- Costcoââ¬â¢ US depot receives goods from 17 other Costco depots ensuring that there is a consistent supply of the various goods stocked by the store. â⬠¢High employee satisfaction within the organization- Costco increased their
Wednesday, February 12, 2020
CASE STUDY SUMMARIES Essay Example | Topics and Well Written Essays - 2000 words
CASE STUDY SUMMARIES - Essay Example To guard against this, concrete bored piles were installed at the cliff-facing side of the road. This is then tied to anchor blocks with pullout being prevented by tension piles. A developed unprotected coastline is subjected to coastal retreat and landslide instability. The combined action of cliff erosion and collapse together with the flow of groundwater from high levels to the sea is triggering landslide reactivation. Coastal protection is limited by environmental sensitivity of the site. There are two requirements for the project: to arrest recession of the cliffs and reactivation of the landslide system and to improve the stability of the coastal through an intensive drainage system. For the first requirement, a rock armor revetment was chosen. For the second problem, a deep pumped well solution using siphon and electro-pneumatic systems. The project involves a developed coastal town threatened by existing coastal defense, landslide reactivation and coastal recession. Coastal erosion by wave action, earth slippage due to rainfall & groundwater, inappropriate excavation and construction and climate change have ultimately resulted to the reactivation of landslide complexes. Due to the severe consequences if the problem was left unchecked, an extensive program of land stabilization and foreshore works was undertaken. Different strategies were used including reinforced slope buttresses, soil nails, pile grids, slope regarding, drains, seawall improvements and beach replenishment. A developed coastal town is experiencing deterioration of coastal defenses with previously installed stabilization measures such as cut-off drain have all but failed. Nevertheless, the cliff top assets are not foreseen to be affected for several years making coastal protection measures not warranted for the time being. Only monitoring and investigations of the ground and rainfall are the actions being undertaken. Aside from
Friday, January 31, 2020
Lady Macbeths Diary Essay Example for Free
Lady Macbeths Diary Essay What an utter disaster. What should have been a dignified occaion to mark my husbands crowing, has ended up with confusion. His first great ceremonial state banquet has been ruined. The guests arrived and were asked to take their places. To begin with things seemed very organised. then all of a sudden he began talking to thin air. People will think hes insane. My part in persuading him to kill the king had been crucial that is why I cant understand why he didnt tell of his plans to kill Fleance and Banquo. Afterall, if it wasnt for me the murder of Duncan would have been an absolute disaster . I practically murdered him myself. I drugged the possets of the grooms sleeping in the outer chamber; I laid the daggers ready; all he had to do was the deed itself. Then I found him with two blood-stained daggers which should have been left with the grooms, the supposed murderers. He was terrifed and incapable of returning to the murder scene so I had to do so, smearing the grooms with blood. When I returned I found him transfixed with thoughts of blood and guilt and once again I took charge of the situation. I told him to go and wash the blood from his hands. Perhaps he genuinely wants me to be innocent of Banquos murder. Maybe it is his way of protecting me. It could be that he couldnt handle me being in charge of Duncans murder. He might want to prove that he can still do things for himself. My ruthless determination to make him king has overcome all his doubts. What has happened to the man I married, who was a noble, brave and loyal subject of the rigtful king? I know he is a man of great bravery, even of savagery on the battlefield, however, he seems a different man. Hes a great warrior whos used to making life-and-death decisions. He is a man of action but gets confused when he loses his sense of right and wrong. Yet his murders are unmannly. Maybe he is just a really evil man. Maybe he is so mixed up that he cannot sort out the difference between right and wrong. Perhaps he is under the power of the witches. Maybe he does not know what to do and is acting on the spurof the moment, without really thinking too much. Until now I was much more determined and strong. I now find myself on the edge. Unlike earlier I would have been able todo the most terrible deeds, I feel that now that I could not have even carried out the murder of Duncan myself because the sleeping Duncan reminds me of my father. I am not a monster, im simply a wife trying to protect encourage and support my husband. He says he is afflicted by terrible dreams. He seems almost to envy the dead King Duncan, who he says, sleeps well. Although Duncan is dead, Macbeth says that at least nothing can hurt him any more. His sleep is becoming tormented: O full of scorpions is my mind, Banquo seems to him like a poisonous snake and his life is diseased, a fitful fever. Macbeth is king and I am his Queen we have achieved everything weve ever wanted. We are supposed to feel happy, excited and at the peak of our lives. Instead we feel threatened and unsafe. Our happiness is doubtful. He no longer tells me anything and trusts no one. He feels so advanced on this murderous course of action that ( like wading across a river of blood ) it is as easy to go on as it is to go back.
Thursday, January 23, 2020
Orbits with Gravity Lab Software :: physics science space
For centuries, humankind has sought to find order in the universe. In the context of Western thought, in any case, beginning with the Egyptians, Persians, ancient Greeks; in the Americas the Mayans and Azteks, Astronomy evolved out of the necessity to discover a reliable predictor of the seasons for the purposes of agriculture. In most cases, Astronomy takes on a spiritual role in culture as well. The system of accounting that ancient peoples used to measure the seasons evolved, after a great amount of suffering and turmoil, into the physics of Gallileo and the mechanics of Newton. And Newton's remarkable system is still used today, so long as the velocities are not close to the speed of light and the mass vs. density ratio of massive objects is not too great. Linked above is a gravitational simulator upon which several models of celestial motion are explored. Written in the simple computer language of Q-Basic 4.5, the software is compilable on native systems. At the core is code that generates six n-dimensional arrays. The six arrays correspond to variable requirements in 2-d space, they are velocity vector (in polar coordinates), velocity magnitude, mass, radius, x-position, y-position. "n" corresponds to the number of total objects in the system. Once data is gathered, either entered by hand, loaded from a file, or generated randomly, the simulation can begin. There are three major divisions of the simulation, corresponding to object selection, object position change, and object velocity change, where the actual physics takes place. The simulation begins with object 1, with initial velocity vo, and calculates the next change in velocity of object 1 from the acceleration generated by all other objects. From the gravitational acceleration of object 2, for example, a new velocity vector for object 1 can be determined, and refined un til object n's effect on object 1 is considered. The sim goes down the line to object n, correcting the current velocity magnitude and vector until all acceleration effects are accounted for for all objects, then the sim erases the current position of all objects, displaces the objects dependant on their current (freshly calculated) velocities, redraws them, and returns to calculating new accelerations. The result is a fairly accurate model of gravitational motion, in which the orbital properties discussed in mechanics can be seen. Inaccuracies result with high velocities or close interactions (no collision detection is made).
Wednesday, January 15, 2020
An Analysis of the Geography of Witchcraft
Benjamin C. Ray wrote ââ¬Å"The Geography of Witchcraft Accusation in 1692 Salam Villageâ⬠in order to imply that geographic analysis of the witchcraft accusation, economic, religious as well as social status shows there was no significant east-west division within Salam Village. In the article, Ray points out that the map included in Salam Possessed is not only interpretive but also incomplete. He states that there was an inconsistency in giving a numerical count of accusers and accused in the village. Moreover, he questions about the setting of the demarcation line at the center of the map. Ray also offers a revised map of the accusation due to incorrect number of accuser and accused and intended exclusion of eight afflicted girls and the five villagers. From the revised map, Ray reveals that there is no significant division. Conversely, Boyer and Nissenbaum stated that inclusion of the eight afflicted girls would not significantly change the geographic pattern because they were not ââ¬Å"decisive shapersâ⬠and also six of eight were not living in the parentsââ¬â¢ house during the witchcraft outbreak. Although Boyer and Nissenbaum provided a wide range of information related to the accusation, they failed to present data as given in sources and convincing explanations. Apparently, they intended to show the division in the Village by looking at the map. However, Ray not only indicates errors contained in the map but also reveals the different possible interpretation which can be drawn conclusion from the revised map. I believe the use of the map for illustrating the east-west division of the witchcraft accusation in inappropriate. for omission of accusers and location of the demarcation line, and Boyer and Nissenbaum introduced idea of geographic distribution in the patterns of witchcraft accusation in the first chapter of Salem Possessed.
Tuesday, January 7, 2020
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