Online Banking Essay Example for Free

Online Banking Essay 1. Introduction Background As the developing of the technology, the Banking had large change, it is necessary to study how to use ATM of Online Banking to keep and management our property. John Shepherd-Barron had invented the Automatic Teller Machine (ATM) in 1967s, the ATM becomes the most important equipment in people’s life after 40 years, and there are about 403,000 ATMs in the U.S (Katharine, 2009). It can say that many people are using it everyday, like save money, and draw money or some transaction money, so the how to avoid and reduce the risk of ATM become more important than others activity, recently, the crime about the ATM increase rapidly, like copy the card information to steal money at ATM, cash trapping and other ATM scam were cost  £29. 3million last year in the UK (Emma Reynolds, 2012). The second problem is the emergency about the bank system, like server shut down with out omen, which will make serious effect to human life (European ATM Security Fraud Prevention). This part provides a critique of the literature of the ATM Bank System. The Automatic Teller Machine (ATM) in 1967s and becomes the most important equipment in people’s life after 40 years, there are about 403,000 ATMs in the U.S (Katharine Gammon, 2009). I choose this topic because using bank system is very important activity in our life, we are overseas student in the UK and we must management our property safely, so I think young people is likely to contribute to this topic. 2. What are the negative effect of ATM Banking Online 2. 1 Risk of ATM In the ‘ATM Threat and Risk Mitigation’ (Frank D, N.D), the author focus on the all kinds of crimes about the ATM, for example stolen or swindle with ATM, introduce the ATM Security in detail and analysis the development of sale transactions, at last author gives some suggestion to readers how to protect own account and create some ideas for Bank how to complete the ATM Systems perfect. The literature describe how steal the information of costumers’ bank card and how to use these information to copy a card to steal the money also, in conclusion, do not use the ATM which looks suspicious and report to Bank. The literature provides very important information about how to avoid to lose money in ATM. 2. 2 Risk of Bank Online The second literature is ‘Risk Management Principles for Electronic Banking’ Electronic Banking (Basel C, 2003), this is a book which focus on the risk of online banking and this is a group work, there are many people to finish this literature together. I think this is a very good book because author use many example to explain and discuss the risk management principles. In this literature author explain and disuse the challenge of the Online Banking (E-Banking or Internet Transport). Base on the example of Electronic Banking Group (EBG) to describe the 14 risk management principles of electronic banking (Basel C. 2003). This book lists some challenge of the Online Banking: †¢ The innovation of electronic banking skill and customers sever are change rapidly. †¢ The electronic banking more deepens on information technology, so make the process more complicated. †¢ It is base on the Internet; the visitors come from all over the world, so it maybe produces many security issues of system †¢ The author lists the relevant solution: †¢ Effective management from the bank †¢ Building a comprehensive control process †¢ Investigate and supervise the process of relationships. The literature providers some good measures for Bank to reduce the risk of Online Banking (Emma R, 2012). 3. New ATM innovations Nowadays, the technology of ATM develops to a high level, it can realize many useful functions, however, the requirement always can not be content, that encourage people to create new ATM. A technology will be tested in India. ‘In the wake of increasing instances of fraudulent money withdrawals from ATMs in Chandigarh and Panchkula, the security agencies are in the process of conducting tests on the new safety equipment likely to be installed in ATMs in the near future’ said by Khushboo Sandhu (a leading Columnist associated with The Indian Express) in 2010. That means, we do not need bank card anymore, just use the scanner to affirm the costumer (Thorsten, 2012), that will reduce the process time and make process safe, because it is very hard to copy biological information. 4. Analysis and Synthesis The ATM and Banking online system were invented by human, so it must be have many regrets, it must have many risks during the processing. Frank and Basel(2003) had explained some typical risks in the bank system and gave some advise of solution, however, there are always new problems will appear in the future. These problems will become the new challenge of the bank system in Thorsten’s (2012) viewpoint. Maybe this is too professional to students, however , how to choose a suitable bank is significant for the international students.

We Should Not Reinstate the Military Draft :: Argumentative Persuasive Argument Essays

We Should Not Reinstate the Draft I never thought I would say this but I think we should reinstate the draft. It has been years since we have wanted or needed a draft, but in view of the United States being attacked on September 11, 2001, I feel our country must be ready and prepared to defend itself. If being prepared means reinstating the draft, a mandatory summons for military service, then I think we should consider this a reasonable proposal. I think the tragic events of September 11 will evoke most people to agree with me. Since September 11 we have seen a surge of patriotism in this country that seemed hidden for many years. I am so glad patriotism was not lost, and I think most Americans would be willing to defend their country in light of this attack. We are a nation and a people who believe in freedom and democracy. It tells other nations who we are and what we stand for. It is these beliefs that lead me to believe that the people of the United States will do anything to preserve our freedom and democ racy even if it means reinstating the draft. I want to prove this notion, but am unsure how to accomplish this. I have not read any recent articles in newspapers or magazines that have dealt with this issue. My textbook was not a source either. So I decided to do two things. First, I went to the Internet for any information, articles, discussions, or statements relating to this issue. Second, I decided to conduct an informal poll. This informal poll consisted of male and female respondents with an age span of eighteen to sixty two. My poll started with classmates in my Western Civilization and Studio Art classes and the professors who instruct these classes. My poll included emailing friends and family who live and work in New York, family currently serving in the Armed Forces, and a family member who is a Veteran of the Viet Nam War. Also included in this poll is a random sampling of the townspeople of Los Alamos. Medical personnel at Los Alamos Women’s Health Services, and the lunch crowd at Cafà ©Ã¢â‚¬â„¢ Allegro rounded out my poll. This cross section of Americans evoked many feelings and opinions and stimulated many conversations and critical thought. These conversations exhilarated me and the results I obtained amazed me.

Conscription During World War One Essay

There were more deaths than there were volunteers and the soldiers should not have to die in vain; therefore, conscription was the right course of action for Canada during World War 1. In the beginning of World War 1, people were excited and more than willing to volunteer to fight as soldiers in the war but as the war progressed, people realized that the war was really extremely antagonizing and muderous. Once people stopped voluteering to be in the war, there were not enough people to replace the dead on the battlefield. In law of conscription had to be enforced. Without the introduction of conscription, Canada would have run out of men much quicker. With the lack of men on the battlefield, Canadian soldiers would not have been able to hold off the German attacks so they would have lost the war. Canada owes it’s victory to conscription. Some people say that conscription was taking away people’s free will, and for that reason, it was a mistake for Canada. If conscription was not introduced, than all the hard work, effort and money that the soldiers put into the war would have gone to waste. Canada sent over 500 000 soldiers to fight in the war and spent approximately $1 665 576 000 in food, supplies, weapons and equipment. It would be dishonourable toward the soldiers if they had died for nothing. Concription was the right course of action for Canada due to the fact that there were more deaths than there were volunteers and the soldiers should not have to die in vain during World War 1.

Life Span Perspective

The process of human development starts as early as the embryonic stage and continues to progresses throughout life. These changes have been examined by leading theorist in the Psychology field who were looking to establish guiding principles and concepts. There have been a number of developmental theories that seek to explain the questions that we have related to human development. I will examine these theories, as well as, provide backgrounds for the most influential theorist for each.I will also examine the life span perspective and how heredity and the environment influence the human development. One of the most leading theories of human development is the psychoanalytic theory. Many contemporary theories of counseling or psychotherapy are extensions, variations, or responses against psychoanalytic theory. Psychoanalytic theory examines the factors that motivate behavior by focusing on the role of the unconscious. Sigmund Freud and Erik Erikson are examples of theorists who suppo rt this approach.Freud was an innovator, his psychoanalytic theory of personality and his psychosocial placement theory lead to his predecessors' development of their own philosophies. Erik Erikson expanded on Fraud's theories in many ways and created his own theory of psychosocial development. â€Å"Psychoanalytic theory's strength lies in its awareness of unconscious motivation and the importance of early experiences on development. † (Rounds, 2010) Since there is a lack of concrete evidence to support the claims of psychoanalytic theory, psychologists became increasingly interested in developing a more scientific approach.In order to do this, some researchers began to study only those things that could be measured and quantified. This led to the beginning of learning theories. Learning theories focus on how behavior is learned. Ivan Pavlov was a Russian scientist who discovered the term classic conditioning. Classic conditioning is a learning process that occurs through as sociations between an environmental stimulus and a naturally occurring stimulus. Pavlov conducted his experiment by using mammals, he observed the digestive process in dogs and the relation between salvia and food.His study was extremely influential in establishing triggers (conditioned responses) that stimulated the salvia when feeding the dogs. He name to realize that the dogs began to salivate not only when they saw food but when they saw the scientist in lab coats. The dogs associated food to the white lab coats which triggered the salvation. He also conducted an experiment with the use of a bell. He would ring a bell when it was time to eat and subsequently the same conditioned responses were stimulated and the dogs reacted in the same manner as in the lab coat experiment.His developments influenced American psychologist John Watson experiment on a nine month old baby named Albert. He wanted to prove that classic conditioning work on humans as well. His famous study for this wa s called the Little Albert Experiment in which he theorized that children have three basic emotional reactions: fear, rage, and love. He wanted to prove that these three reactions could be artificially conditioned in children. Watson used Albert to test his theory.He repeatedly presented Albert a rat in conjunction with a sudden, loud noise to classically condition fear of the rat. He went on to prove that humans can be conditioned as well. His worked formed ideas that would become a whole branch of psychology called behaviorism. (Watson, 1913) Behaviorism operates on the principle f stimulus- response, the subject whether human or mammal can have his/her behavior shaped through positive or negative reinforcements.Behaviorism conclude that any being can be trained to perform any task, subsequently internal stimulus such as; genetic background, personality traits, and internal thoughts are no- factors when considering this school of thought. Many critics of behaviorism argue that it is, a one dimensional approach to human behavior. Many say that it misses the mark when it comes to other factors such as free will and internal influences like moods, thoughts, and feelings. Lifespan perspective is in relationship with human development, and is lifelong. This study within psychology is continuous.Lifespan perspective has three developmental domains. These domains are physical domain, cognitive domain, and social domain. Physical development refers to the growth of the body, organs, physical systems, signs of aging, change in motor abilities, and all physical changes (Salesman & Rider, 2009). The next development has problem- solving, mental process, memory, perception, language, and learning from the cognitive development. The last developmental stage is psychosocial stage; this stage endless the personal and interpersonal aspect of development.The developmental aspects for psychosocial are: emotions, personality traits, interpersonal skills, motives, family roles, relationships, and society. Lifespan development also has five characteristics useful for understanding any age of human development (Berger, 2008). Multidimensional characteristics accounts for change in every direction, as change does not have to be in a straight line. Embedding in lives of humans context can include constraints, family patterns, and historical conditions this characteristic offers to multi-contextual characteristics.The last of the five developmental characteristics is plasticity, which states that every person has traits that can be altered at any point in life, and change is ongoing (Berger, 2008). In conclusion, human development is continually changing its guidelines and principles. As we evolve so does the techniques and developmental theories. The human personality can be trained and cultivated to be whatever the influencer desires. We have also learned that the impact from the environment as well as heredity plays an important role in each individual's li fespan development.

Teenage Drinking Essay

Teenage Drinking Essay Free Online Research Papers Although there has been a decrease in the percent of high school seniors that have used alcohol but still eighty percent of high school seniors have used alcohol. (The setting of adolescent alcohol and drug use. 1) Mothers Against Drunk Driving (MADD) says â€Å"During a typical weekend, an average of one teenager each hour is in a car crash. Just about fifty percent of those crashes involve alcohol (1). A study was conducted with 449 juniors and seniors attending two Midwestern high schools between the ages of sixteen to nineteen. The study came across at all the different settings where adolescents use alcohol and drugs. They also looked at the emphasis gender and peer groups had on the place where consumption of alcohol and drugs occurs and settings where it is most likely to take place (Teenage Drinking in America. 1). Does the setting affect the use of alcohol and drugs by adolescents? Is that setting determined by what kind of an individual you are (i.e. jock, outcast, preps, and geeks)? Alcohol consumption differs universally between male and female but also across different age groups and of social status (Teenage Drinking in America. 2). 81% of boys and 83% of girls admitted to ever using alcohol in their lifetime. On the other hand 46% of boys and 41% of girls admitted to ever using marijuana in their lifetime (6). Social crowd association has been extremely foretelling of drug and alcohol use in adolescence (3). As anticipated the group that they called the â€Å"toughies† was related to a greater substance use than any other group (6). Brown says crowds are â€Å"reputation based collectives of similarly stereotyped individuals who may or may not spend time together (3).† Females were found to most likely report using alcohol at family parties and to a certain extent in their homes than male alcohol users (9). Drinking while driving, before school events, and on streets were more common than at home with parents and or guardians (3). According to MADD, the vast majority of young people (79%) say that being drunk is appealing because it feels good. Amongst the many other reasons given are relaxation and escape. Some teenagers use alcohol as an outlet for all the stress and problems in their life (The setting of adolescent alcohol and drug use. 1). Even though the numbers might be decreasing, the problem still remains. The misconception that alcohol is not a risky drug is only going to continue to increase the numbers of teenagers using alcohol (2). The social morays have changed to be acceptant of teenage drinking. Possibly this is one of the main reasons why alcohol use often turns into alcohol abuse at such an early age (1). Research Papers on Teenage Drinking EssayThe Relationship Between Delinquency and Drug UseThe Effects of Illegal ImmigrationPersonal Experience with Teen PregnancyEffects of Television Violence on ChildrenUnreasonable Searches and SeizuresInfluences of Socio-Economic Status of Married MalesHarry Potter and the Deathly Hallows EssayHip-Hop is ArtStandardized TestingResearch Process Part One

Career Planning for Hospitality Students

During the global economic downturn it was predicted that India and China would not be affected as much and hospitality industry in particular would undergo minor changes. Besides this Khanna, 2008 outlined that lack of infrastructure in India would not be sufficient enough to sustain growth of hospitality industry. However the argument can be ruled out as a number of private organization both national and international are investing into Indian hospitality sector. This can be said as Carlson group of hotels are planning to open 50 new properties by the end of year 2012 across India. Many More hotel groups like Fairmont etc are entering fresh in India. It was predicted that the growth in Indian tourism would be around 8. 8% till 2013 which is closely related to hotel industry. The jobs in hospitality were also available during the period of time and are still growing. Moreover the number of hospitality graduates is still very low as compared to the demand of the industry. Hence hospitality as a career is still considered as a fair option in order to grow and make life out of it. Graduate labor market As outlined by Harvey (2001, cited by Nabi, 2000) graduates should posses certain attributes and skills in order to help them find a job and have sustainable growth in it. This would further help them build a career in the industry. However Graduate employability for the industry is still addressed by a question mark. Freed, 2010 states that hotel industry requires flexible graduates, moreover students who are willing to work with variable odd shifts with an initial entry level low salary. Though the availability of jobs is high but still the question arises that weather a hotel management should stay with the industry itself or invade other possible dimensions as well. Besides hotel industry many multinational companies offer fixed working hours and five days a week unlike hotels. Moreover hotels have long working hours as well. On top of all this Maslow (1943, cited in Green 2000) states that a person opts for a job that satisfies his/or basic or physiological needs. The wide options available in other sectors without even specializing and the existence of the concept of equal opportunity make them a more attractive option. To add upon a hotel job is India is considered as a blue color job. A fresh hotel graduate in India or anywhere else is required to have a specialization in his/her area of interest. They are also required to have a considerable work experience with internships etc by the time they graduate as well. Hotel industry also requires high grooming standards and punctuality as well which not much of a requirement. Fresh hospitality graduates are offered three options for employment in the hotel industry. †¢ Operational trainee programs in different areas like housekeeping, kitchen and service †¢ Management trainee programs which are further extended to finance, sales and marketing etc. †¢ Entry level employment as Associate, commis or executive. †¢ Certain hotel organization also offers a corporate trainee program. Management trainee programs are offered usually to fewer students comparatively. These are the students with untreated talent which can nurture in order to produce future managers. It further involves students into finances of an operation as well. On the other hand an operational trainee program is offered to the students who are not yet ready for the management positions. Further it prepares them of core operational competencies. Moreover cooperate trainee program is the highest which is offered to students with rare competencies. An organization believes them to be the future leaders of the organization. The hotel industry in India requires a number future leaders and operational employees. Human resource plays a vital role in management of these services (Jauhari, 2006). It is important from a student perspective who is seeking employment to know what is exactly expected from them by the employers. Harrera (2003) outlines 99 competencies which are required for manager’s ethical behavior. Moreover Harvey (1997, cited in Jenner, 2000) outlines 20 core competencies which are required by employers. Jauhari (2006) states that hospitality organizations seek talented graduates to recruit for their trainee programs. These programs can be considered as investments from the employer’s point of view for their employees. Nabi, 2003 outlines that hotel organizations are looking for fresh employees with not only intellectual skills but also people management skills as well. Initially to begin with one can always be confused to join the industry because of a number of factors though the odds and positives seem have a balance. Questions like how are global travel trends going to be in the future? Weather an economic meltdown affects the hotel industry or not? Certain questions were addressed during our internship which was not being arranged internationally due to the global economic downturn. Other questions like aiming for a management trainee program or a regular job was also in my mind. Moreover Drucker, 199 states that one must review and introspect their goals as per the change in situations and circumstances. This is supposed to happen as personal life and work life goes through a lot of changes as well. As per Aggarwal, 2006 the decrease of workers in industrial and manual jobs will increase the opportunities to abstract from of thought. This includes people with analytical and problem solving skills, moreover possessing the capacity for innovation. The literate population of India has gone up by 6. percent since 2001. As per the NHDC report the travel and tourism industry in India is accounted with a 6% growth in GDP and 30. 5 million jobs. In terms of travel India stands 9th in the index of relative cost of access which is ticket taxes and airport charge to international air transport services. Tourism is said to be the one of the largest net earners of foreign e xchange for the country which was contributing at 11. 747 million in 2008 with a 9. 5% growth year after year. Besides this the demand in terms of skill labor is very high in the hospitality sector with a shortage of manpower. The table underneath shows the cities and the projected demand in terms of manpower by the year 2013/14. Ministry of tourism has 21 hotel management and catering institutes which are responsible to meet the growth in the industry. Career options There have been a number of campus placement interviews and other options available as well. I have participated is a very few as I look for a position in Sales and marketing with a little scope of compromise. These have been Carlson and J. W. Marriot both for sales and marketing. Most of the hotel organizations don’t seem to offer a position for sales and marketing. Major options available are housekeeping, kitchen, Food and beverage service and front office as these are the areas which require more manpower than compared to sales division. Other areas that I am still looking at are procurement which has the same problem as sales. During my internships in various departments I have realized that I have less inclination for other operational options available. As I look forward to choose an organization and stick to it for a long period of time I cannot use any other job as a stepping stone for my area of interest. Competencies required for the Position: We are made aware of the organizations that come in for interview or we go visit at. These presentations talk about the skills and competencies that are required for the job position they offer. They outline flexibility in terms of shifts, working elsewhere rather than your hometown, culture etc. as I mentioned earlier organizations offering sales were less but during my vocational job I found out certain competencies required for a sales executive. Later during an interaction with Parivah Rustogi, director sales for J. W. Marriot I found out they are looking for outgoing personalities who are not exactly too study oriented. Taj Groups of Hotels Taj group of hotel is one of the largest hotel chains in India which is run by Indian hotel company ltd (IHCL). Taj hotels resorts and palaces were awarded the â€Å"Gallup Great Workplace 2010’ title complimenting the work environment they have created for their employees. This further included a lot many parameters like retention, training etc. (tajhotels. com) Employee engagement There are a number of factors which are responsible for employee engagement. Taj group of hotels conduct departmental briefings. They are further categorizing into mornings and evening. They discuss agenda of the day, current status and other things related to the employees. This helps boost the moral and motivate them for better work. The organization conducts a lot of analysis for employee engagement. These are factors responsible for their absenteeism etc. further there are exit interviews, retention issues, feedback analysis etc to keep a check upon the factors affecting motivation of their employees. Moreover there are a lot loyalty and reward programs which are known as STARS. These are responsible for staff motivation and improving performance. Here the employee is not rewarded through cash but points which are gained through positive acts at work. These points can be redeemed as other benefits later. Further they also concentrate upon training and development which helps an individual to build upon his skills and progress in his career. CV Analysis In order to write an appropriate CV one need to know herself/himself. The word itself Curriculum Vitae refers to â€Å"the course of life† (Jenner, 200). It helps an employer know about the professional life, performance and objective of a particular employee. It’s not just about our self but also how we fit into the organization in contrast to its policies and procedures and our strength and weaknesses. After undergoing through †¢ The cover letter was missing from my CV. A cover letter is very important in order to demonstrate past experiences. Moreover makes it convenient for the employer to retrieve information about the objective, work experience etc at a glance. †¢ Most of the information listed in terms of the contact details and certifications so far weren’t quite relevant for the employer. There was less information provided in regards to the job position that I wish to seek. There weren’t any certificates or much appreciation letters which could demonstrate my communication skills, being innovative, problem solving etc. moreover there wasn’t anything listing my achievement so far. †¢ It only mentioned the places where in I did my internships. There was no mentioning of the area I have tra ined in and how does it makes a difference with other students. So we can say that there wasn’t any kind of supporting information or document that would have interest my employer for the job position I wish to seek. Competencies Demonstrated and Implementations of Them in Job Selection Processes It is very important to know one being a fresh graduate while preparing for interviews and selection processes. In order to achieve this I undertook certain tests to find out what exactly my career goals are and the skills which are required survive in the work environment today. There was assessment center simulation which would help us rate our self on parameters upon which the employers would hire us. I did the Jung Typology test (appendix 2) which helped me figure out that I am an extrovert person. An extrovert is the one with an outgoing personality. I have also mentioned before this has helped me in my job ventures in sales and have gradually helped me develop my interest in sales division. This makes it easy for me to communicate with people and help me find leads. This further helps me identify customer problems and solve them. It also states that my feelings are moderate and less sensitive to others at times. I don’t spend much time judging how people are though I am an emotional person. Further I took a communication test to find out about my communication skills as they play a vital role (appendix 4). This also involves listening skills which requires proper understanding of what one’s saying. I found out that I can fairly interpret what other people are trying to communicate in terms of words and body language. I can empathize with other person feelings for a better understanding. I can perhaps alter my behavior accordingly to the other person comfort level of his/her understanding. The johari window (Jenner, 2000) helped me find out what others feel about me and how much does it intersect with my opinion (Appendix 10). This helped me find a blind spot. There has been a gap between my perception about myself and what others perceive of me. My peer felt that I am an outgoing person as well, one who would socialize with people and make new friends. They perceived me a little over confident with my work most of the times which has also been the feedback by my professors as well. Though I am a sociologist but yet I keep my secrets from the world keeping a wide margin in my personal space. Though I know much about myself in terms of my skills but yet there is a lot which can be discovered by new experiences. I try and take up new challenges to find out what I really like and what I would really want to take up as a career. This includes my part time job as a commis and sales at times besides my internship. This further helps me identify my strength and weaknesses. Moreover my interactions with my mentor further help me plan how my career path should be considering the test that I took for my ideal job (appendix 6). Moreover I took the Myers test to find to more insights about me (appendix 3). My interest lies in what is unknown, I think a little before my actions. I consider theories and how they relate in practical life.

Analyzed the movie Margin Call from a legal perspective Term Paper - 1

Analyzed the movie Margin Call from a legal perspective - Term Paper Example is no character featuring the film that breaks the law, gets involved in conspiracy, or does anything any reasonable person would call unquestionably illegal. Even when the film’s fictional bank CEO makes the decision to peddle all the toxic assets in company’s - the act that factually sets in motion the total collapse of the whole American financial system – this is an understandable, if challenging, choice. If he does not sell first and begin the catastrophe, someone else is there waiting to do the same. That is the core puzzle of what economists name a collective action matter. If no specific individual or firm’s actions can change things, the only reasonable thing that can be done is assuming everyone else will adopt their most selfish (and perhaps destructive) instincts. Everybody has an incentive to adopt the worst path they think others of following, and hence it becomes a self-fulfilling insight. This not only explains why the bubbles burst, but also illustrates why they build up firstly. After all, why did big investment banks begun packaging and selling big amounts of mortgage-backed securities that ultimately triggered the crisis? It is because all the other banks did it. They were seeking greater profits, obviously, but profits are the purpose of any company and its survival basis. Each bank’s employees were aware that if they did not get in on this exceptionally lucrative new business branch, they would fall behind their rivals, their share price go down, th ey would get fired. The difficult certainty is that with systemic catastrophes like the one that has lead to our current economic crisis, no one is to blame since everyone is to blame. In the end, though, this sympathetic bankers’ dilemma portrayal offers perhaps the most pejorative indictment one can make in the modern capitalist fiscal system (Bernstein 1). After all, if disaster like this can occur even when decent individual are more or less endeavoring to do their best, hence