Social Responisbility and marketing ethics Coursework

Social Responisbility and advertising morals - Coursework Example Workers likewise require something other than a check and the general public by and large requires the firm to be a superior corporate resident, utilize from the network, deal with nature, etc. Controllers require the firm to tow the lawful line and networks anticipate that organizations should be sufficiently altruistic and give back by connecting with the network and helping them in what they do. Milton Friedman, who was an American analyst, financial analyst just as an author is certify with the above proclamation. A few instances of socially dependable item choices incorporate; the Body Shop made an enduring plan of action by excellence of putting resources into the improvement just as consolation of items that avoid creature testing notwithstanding utilizing fixings that are naturally well disposed. The second is choice by Lush Fresh Handmade Cosmetics â€spent 3 years on innovative work to think of a cleanser not produced using palm oil (Bryan, 2010). The idea of manageability is a positive development and that organizations should grasp since it makes the possibility to keep up a framework working uncertainly without essentially draining assets, keeps up monetary practicality just as supporting the prerequisites of the present as well as people in the future. Despite the fact that there are rising signs that numerous American organizations at present are not economical, there have been endeavors to make others supportable. Various visionary business chiefs and proprietors are as of now helping make agreement by building and keeping up associations that are supportable (Steven, 2013). To the individuals who feel that promoting is controlling the customer, the appropriate response would be that they have to understand that showcasing exists since there is an item evolved by an organization that it needs to offer to individuals. An organization in this way will utilize any potential way to ensure that shoppers know about the item so they can go out and purchase the

Practical Assignment: Introduction to Information Technology

Target This coursework expects to give understudies a chance to investigate the utilization of Microsoft Word and Microsoft Powering to upgrade their comprehension of the application programming highlights in word report and force point slides introduction. Gathering This Is a gathering based task. Understudy must shape a gathering with least 4 individuals and most extreme 5 individuals. Note: same gathering individuals from hypothesis task. Counterfeiting All work is to be the consequence of the understudy's own individual and gathering effort.Students found to have duplicated others' work will be punished for unoriginality. An understudy who literary thefts will get zero point credit on the task. Late Policy The task ought to be submitted on the due date expressed underneath except if there are genuine reasons with respect to why an understudy can not finish the task by due date. When in doubt, no augmentation of time will be conceded. Task got after the due date without real expla nation will be punished. Accommodation date: 22/07/2014 (Tuesday, week 1) Assignment return week: Week 14 To begin†¦ Find an article from papers, web, magazines and so on. Also, you need to ensure the article can coordinate the highlights agenda [PART 2 FILE]. The article that you have chosen must get the endorsement from your guide. Observe: the article length must be in any event a full page long of AAA paper size or potentially in any event 400 words. You can allude an article test In Attachment 1 on Cell. Undertaking 1: Based on the article that affirmed by your guide, you have to structure that article into sorted out. Undertaking 2: Retained the substance of the article you planned in task 1 you have to make a recover and extraordinary looking Power-point introduction slides show.Note: The force point slides length must be between 10-15 slides in length. Evaluation This task contributes 70% of the general functional course appraisal. Accommodation Details and Report Seque nce Assignment report should appropriately staple with reasonable marks. Use AAA estimated paper with imprinting on one side as it were. Orchestrate the task report follow the succession underneath: 1 . Accommodation structure (is a spread page, you can download from. Literary theft explanation (you can download from Cell-PART 3 FILE) 3.Plagiarism articulation structure (you can download from Cell Features Checklists (you can download from Cell †PART 2 FILE) 5. Affirmation 6. List of chapters 7. Word report 8. Controlling introduction slides Note: Printed in Landscape Orientation with 4 slides in a sheet 9. References (follow Harvard Referencing System) Note: Inappropriate referencing style will cause marks conclusion Save a delicately of Powering introduction in a CD for Submission. (One instructional exercise class submit one CD ONLY which contains every single diverse gathering Powering slides appear)

4 Topics For Writing An Essay About Immigration

4 Topics For Writing An Essay About ImmigrationIf you are writing a Latino immigration essay, you will want to use the following four topics. These topics will help you write an essay that is both interesting and informative, and a great way to get your point across. And, you should be able to use these four topics in multiple essays that you write!History. Writing an immigration essay can help you learn about the history of Hispanic and Latino immigrants. But, because you are writing the essay as a perspective of yourself, it is important that you also share your knowledge about the struggles, hardships, and successes that Latino immigrants have experienced. From the beginning of the first Spanish explorers who sought out the land where they would build their colonies to the modern day, you can share a lot of information about their world and history.Immigration. The first topic you should consider when writing an immigration essay is immigration. You can tell your story about how y ou were denied entry into the United States. Or, you can tell how the United States is more welcoming to immigrants now than it was years ago. You can even mention how immigration has changed your life and how it helped you reach your current place in life.Present day. The second topic you should consider when writing an immigration essay is the present day. With so many immigrants from Latin America and the Caribbean in the United States today, you can share a lot of great stories about what it was like to grow up in these countries. You can tell stories about their culture, their customs, and even their language.Personal stories. If you have experienced hardship in your life, you can share these stories to give a unique perspective on your experience. It could be something small such as your first time experiencing hunger. Or, you can share a large story about everything from losing a child in a car accident to getting swept away by a wave during a hurricane.Differences. When you are writing a Latino immigration essay, you can explore some of the differences that separate the United States from Latin America. Immigration laws vary greatly between the two countries. Or, you can share about the differences between the cultures, languages, and traditions that Latino immigrants bring to America.Why we immigrate. The last topic you should consider when writing an immigration essay is why do people immigrate to the United States. Who are these people? Why do they decide to immigrate?The four topics you should consider when writing an immigration essay are very easy to incorporate into your essay. They will help you connect with your reader on an emotional level and give your essay a more personal feel. If you can find just one or two other topics, you will write a better essay!

The Aftermath Of The World War I - 1889 Words

The early twentieth century was a chaotic and violent period that left Europe on the brink of total collapse. The aftermath of â€Å"the war to end all wars† was devastating. With seventeen million people dead, and twenty million wounded, World War I was one of the deadliest conflicts in human history. European leaders gathered at the Conference of Versailles in an attempt to broker a Treaty that would end the war, and help rebalance Europe. Yet, the Treaty was doomed to failure, as French representative George Clemence, and British representative Lloyd George looked to politically destroy Germany. Despite the fact that Austria-Hungary played a larger part in the war, these leaders held Germany almost entirely responsible, and used the conference as a backdrop to try to humiliate and destabilize Germany. Only President Woodrow Wilson, of the United States, sought to broker an agreement that was both fair and reasonable to the Germans, who began to see Wilson as their only ho pe against the vengeful French and British representatives. Unfortunately, Wilson could not garner peace, and his failure ultimately contributed to causing World War II. His inability to create a fair and reasonable Treaty cultivated German anger and resentment towards the rest of the world, and left them financially and emotionally vulnerable to the malicious dictator, Adolf Hitler. The Treaty of Versailles was meant to help restabilize Europe, and end the animosity that the differing European countriesShow MoreRelatedThe Aftermath of World War I927 Words   |  4 Pages The aftermath of World War I left a lasting impression on the 1920s because America entered the Great War later than the big European countries. This gave them an upper hand in their economic position since they did not spend as much money as France, Germany, and Britain did. This ignited their unprecedented affluence which had a domino effect in America’s society in terms of government’s relationship to business. Another effect of the First World War is the Red Scare and America’s prejudiceRead MoreThe Aftermath Of World War I1563 Words   |  7 PagesFollowing the aftermath of World War I, there was a general revulsion against the idea of armed conflict. With a desire to maintain peace, fifteen nations signed the Kellogg-Briand Pact in 1928. Additionally, the effec ts of the Great Depression forced many nations to turn inward and focus on domestic issues while military forces struggled to identify the next threat. Moreover, vast technological advancements increased the level of uncertainty as military leaders reconsidered the way of war. ConsequentlyRead MoreThe Aftermath Of World War I903 Words   |  4 PagesIn the aftermath of World War I, Europe would fall into a depression with the U.S following suit. On October 29, 1929 (known as Black Tuesday), the Stock Market would crash which would ultimately trigger the start of the Great Depression. Lasting 10 years, the great depression would lead to the unemployment of more than 10 million Americans and the closing down of many banks (which would lead to many Americans losing all their savings). The general public desperately needed the help of the federalRead MoreWorld War I, The Great Depression And Its Aftermath1004 Words   |  5 Pages1945, United States history evolved and differed from period to period. It began with times of slavery and reconstruction, and proceeded with transformation in the Gilded Age. This then led to the Progressive Era, World War I, the Great Depression and its aftermath, as well as World War II. As one can see, history seems to fluctuate from times of peace and order to times of chaos and turmoil. A process of trial and error explains both how and why the U.S. changed the way it did. In other words, theseRead MoreHitler s Ideas Expressed With The Government And The Aftermath Of World War I1125 Words   |  5 Pageshope to most Germans that were dissatisfied with the government and the aftermath of World War I. The â€Å"Cardinal Principles of the National Entity of Japan† pandered to their Samurai heritage and their discontent with West as a result of the Great Depression. The ideas in both documents would persuade any westerner, specifically American and British, to the same extend as it did with Germans and Japanese, to tireles sly support war. From what concrete conditions did the ideas expressed in theseRead MoreThe Impact Of Wwii On Jewish History1362 Words   |  6 Pagespeople. This war could have extinguished the Jewish culture. According to Holocaust Encyclopedia, this is some of the aftermath of the Holocaust (2). The Anglo-Americans discovered piles of corpses after WWII. Soldiers also found starving and sick Jewish and non-Jewish survivors. Survivors were afraid to return to their homes because they feared for their lives. After the war, survivors were housed in refugee centers. Thousands of survivors decided to go to European territories. The aftermath says thatRead MorePoem Analysis : Sassoon s Poetry1493 Words   |  6 Pagesmovement of the First World War led to an extraordinary flowering of poetic talent. The influence of English war poet and soldier, Siegfried Sassoon, extended far beyond his own works. His journey through the conflict of war reflected a wider evolution of the literary world. I find that following the evolution of Sassoon’s poetry throughout his life contributes to the understanding of the reality of the ‘Great War for Civilisation’. Through his poetry, Sassoon exposed war as it really is – destructiveRead MoreWorld War Entry Essay1042 Words   |  5 Pages January 1917- This war has been going on now for almost three years now, between countries all around the world, but mainly Europe. It has been both devastating so far to the lives of many uninvolved individuals, and has used all the countries’ resources and destroyed land. America has not entered the war yet, but I can see it coming in the near future as our president Woodrow Wilson becomes more and more upset with innocent Americans being killed and no fight back. April 1917- The bold lettersRead MoreEssay about Book Analysis of World War Z by Max Brooks526 Words   |  3 PagesWorld War Z was written by Max Brooks and published in 2007. Max has two other books that are also about surviving a zombie apocalypse. The general maxim about zombie apocalypse books is that they are for pure entertainment; however, his books carry hidden messages that pertain to modern society. World War Z is an exceptional book of entertainment and knowledge. The book was created into a motion picture starring Brad Pitt because of the much kudos that Max Brooks received from readers. No book hasRead MoreAnalysis Of Giles Macdonogh s After The Reich1457 Words   |  6 PagesIn Giles MacDonogh’s After the Reich, the author attempts to reshape the way that we view World War II and its subsequent aftermath in history. Once Germany is defeated in 1945, many tend to think that the end of World War II in Europe finally brought peace back to the ravaged continent. However, as MacDonogh is able to convincingly examine and prove, the end of the war was just the beginning of suffering for millions of Germans spread across Europe. In the book, he sets out to offer a comprehensive

OptionParser Command-Line Options the Ruby Way

Ruby comes equipped with a powerful and flexible tool to parse command-line options, OptionParser. Once you learn how to use this, youll never go back to looking through ARGV manually. OptionParser has a number of features that make it quite appealing to Ruby programmers. If youve ever parsed options by hand in Ruby or C, or with the getoptlong C function, youll see how welcome some of these changes are. OptionParser is DRY. You only have to write the command-line switch, its arguments, the code to run when its encountered, and the command-line switch description once in your script. OptionParser will automatically generate help screens for you from this description, as well as infer everything about the argument from its description. For example, it will know the --file [FILE] option is optional and takes a single argument. Also, it will know that --[-no]-verbose is really two options and will accept both forms.OptionParser will automatically convert options to a specific class. If the option takes an integer, it can convert any string passed on the command-line to an integer. This cuts down on some of the tedium involved in parsing command-line options.Everything is very contained. All of the options are in the same place, and the effect of the option is right along-side the definition for the option. If options have to be added, changed or someone simply wants to see what they do, there is only one place to look. Once the command-line is parsed, a single Hash or OpenStruct will hold the results. Enough Already, Show Me Some Code So heres a simple example of how to use OptionParser. It doesnt use any of the advanced features, just the basics. There are three options, and one of them takes a parameter. All of the options are mandatory. There are the -v/--verbose and -q/--quick options, as well as the -l/--logfile FILE option. Additionally, the script takes a list of files independent of the options. #!/usr/bin/env ruby # A script that will pretend to resize a number of images require optparse # This hash will hold all of the options # parsed from the command-line by # OptionParser. options {} optparse OptionParser.new do|opts|   Ã‚  # Set a banner, displayed at the top   Ã‚  # of the help screen.   Ã‚  opts.banner Usage: optparse1.rb [options] file1 file2 ...   Ã‚  # Define the options, and what they do   Ã‚  options[:verbose] false   Ã‚  opts.on( -v, --verbose, Output more information ) do   Ã‚  Ã‚  Ã‚  options[:verbose] true   Ã‚  end   Ã‚  options[:quick] false   Ã‚  opts.on( -q, --quick, Perform the task quickly ) do   Ã‚  Ã‚  Ã‚  options[:quick] true   Ã‚  end   Ã‚  options[:logfile] nil   Ã‚  opts.on( -l, --logfile FILE, Write log to FILE ) do|file|   Ã‚  Ã‚  Ã‚  options[:logfile] file   Ã‚  end   Ã‚  # This displays the help screen, all programs are   Ã‚  # assumed to have this option.   Ã‚  opts.on( -h, --help, Displa y this screen ) do   Ã‚  Ã‚  Ã‚  puts opts   Ã‚  Ã‚  Ã‚  exit   Ã‚  end end # Parse the command-line. Remember there are two forms # of the parse method. The parse method simply parses # ARGV, while the parse! method parses ARGV and removes # any options found there, as well as any parameters for # the options. Whats left is the list of files to resize. optparse.parse! puts Being verbose if options[:verbose] puts Being quick if options[:quick] puts Logging to file #{options[:logfile]} if options[:logfile] ARGV.each do|f|   Ã‚  puts Resizing image #{f}...   Ã‚  sleep 0.5 end Examining the Code To start off with, the optparse library is required. Remember, this isnt a gem. It comes with Ruby, so theres no need to install a gem or require rubygems before optparse. There are two interesting objects in this script. The first is options, declared at the top-most scope. Its a simple empty hash. When options are defined, they write their default values to this hash. For example, the default behavior is for this script to not be verbose, so options[:verbose] is set to false. When options are encountered on the command-line, theyll change the values in options to reflect their effect. For example, when -v/--verbose is encountered, it will assign true to options[:verbose]. The second interesting object is optparse. This is the OptionParser object itself. When you construct this object, you pass it a block. This block is run during construction and will build a list of options in internal data structures, and get ready to parse everything. Its in this block that all the magic happens. You define all the options here. Defining Options Each option follows the same pattern. You first write the default value into the hash. This will happen as soon as the OptionParser is constructed. Next, you call the on method, which defines the option itself. There are several forms of this method, but only one is used here. The other forms allow you to define automatic type conversions and sets of values an option is restricted to. The three arguments used here are the short form, long form, and description of the option. The on method will infer a number of things from the long form. One thing is will infer is the presence of any parameters. If there are any parameters present on the option, it will pass them as parameters to the block. If the option is encountered on the command-line, the block passed to the on method is run. Here, the blocks dont do much, they just set values in the options hash. More could be done, such as checking that a file referred to exists, etc. If there are any errors, exceptions can be thrown from these blocks. Finally, the command-line is parsed. This happens by calling the parse! method on an OptionParser object. There are actually two forms of this method, parse and parse!. As the version with the exclamation point implies, it is destructive. Not only does it parse the command-line, but it will remove any options found from ARGV. This is an important thing, it will leave only the list of files supplied after the options in ARGV.

Career Choices For A Career - 1539 Words

Introduction: Within the growing job market, there are plenty of career choices one can take on to create a financially stable lifestyle and live a successful life. When looking at job careers, it is often a hard choice to choose which pathway might be the best to lead one towards success. In addition to choosing a pathway it is pertinent to learn the background as well as stepping stones to leave a person with more of an understanding of that profession, especially if the focus of career is dealing with Human Resources. One field that one might look into as a profession would be Human Resource within recreation. With HR being a growing field in recreation, it is important to become equipped in the building blocks to be successful in†¦show more content†¦Human resource and management has changed in name various times throughout history. The name change was mainly due to the change in economic, social, and recreational activities throughout history. According to a recentl y researched article on the early history of recreation and leisure, Recreation has dated back to as far as A.D. 80. There have been many documents and artifacts found that lead researchers back to proof of early leisure and recreation activities. With these facts being presented and looking at the HR aspect of early on activities, one can’t help but presume that there was some type of management of said activities.(Jones and Butler) (whatishumanresource.com) Within the HR profession one common duty held is management. One of the first documented HR professions in general was the Industrial welfare. This was the first form of human resource management. With that being said, from the industrial period to now there has been many branches of management as well as HR careers leading us to what out topic today is HR. recreation. One of the jobs mentioned before in this article was the HR in Parks and Recreation. There are many ways to become attributed with information on jobs wi thin the parks and recreation field regarding an HR profession. One of the most common jobs held in HR recreation is within the parks and rec field. There are many jobs that can take place within the field. With humanShow MoreRelatedCareer As A Career Choice942 Words   |  4 PagesWork is a profession concerned with helping individuals, families, groups and communities to enhance their individual and collective well-being. I chose to seek a degree in this field because I find this to be a very rewarding career choice. To obtain a degree in a career that essentially makes a difference in people’s lives is extremely important to me. I have worked as a medical assistant for over 10 years, and although I love my job I would like to work closer with the people that I serve. I realizeRead MoreCareer Goals : Career Choice3343 Words   |  14 PagesSince young, many people have known what career path they would like to follow. Some knew they wanted to be a lawyer, a firefighter, a doctor and began their journey towards making their career dream true by taking the necessary courses, passing their examinations, and did what was required to enter the field of their choosing. Some are unsure of the career path they would like to follow and opinions of others on what they should do can lead to a road of uncertainty and confusion. Lastly, for variousRead MoreThe Choice Of A Career Essay2106 Words   |  9 Pageshardly ever be recognized separately. â€Å"The choice of a career is a highly significant process that plays a major role in shaping people s aspirations, concerns, and action† (Malach-Pines Yafe-Yanai, 1999, p. 503). This understanding makes choosing a major a deeply personal and profound question for each individual. â€Å"It is one of the most significant choices made by people growing up in Western cultures with many attempting to find through their careers a sense of existential significance for theirRead MorePsychology and Career Choice765 W ords   |  4 Pagesï » ¿Period 2 December 4, 2013 Pre-Calc Lam Career Choice: Psychology My future career choice is in psychology. I want to The definition of psychology is basically the study of human (and sometimes animal) behavior. The word itself means the science of the soul. The first syllable, psyche means soul, and the second part contains the root of the word logic. Essay on My Interest in the Field of Psychology I have always wondered about human behavior. Why does this person scream whenRead MoreMy Career Choice830 Words   |  4 Pagesin my life is to choose a career that I will enjoy and find interesting for many years ahead. It is important that I have the ability to provide well for myself and future family. In an effort to stay current in the marketplace, I am committed to keeping an open mind as career paths change, and dedicating time for continued education. I believe that my career choices for the future greatly depend upon the knowledge that I have of myself, information regarding my career options, testing field workRead MoreMy Career Choice1216 Words   |  5 PagesMy career choices you would really want to know what temi has plan I have some interesting career choices which quite for hard working people like me. My career choices are two things I would love to be a lawyer first thing 2nd one I want to be a business woman I love working for myself like a boss you know make you r own money control things myself. Lawyer tell people what’s right and what’s wrong for everyone to act right teaching them the right steps and let them know that whoever did somethingRead MoreNursing As A Career Choice1714 Words   |  7 PagesNursing as a Ð ¡areer Ð ¡hoice. Anna Leonova Trent University Nursing as a career choice. As Mother Teresa said: â€Å"It is not how much you do but how much love you put in the doing†. These words can not but be common for nurses all over the world. Well, what makes them love their profession? How did people decide to make nursing their career choice? What are the reasons for people to start such a way of life? As it goes without saying, nursing can not be called a professionRead MoreAnalyzing Career Choices1340 Words   |  5 PagesAnalyze career choices choosing Introduction Career choice can be very difficult to make especially when faced with a decision to choice between two attractive job offers (Clinton Van der Merwe2006). Certainly, each of these jobs will have its positive and negatives aspects. Thus, how would you make an informed choice on the best offer? This requires a good decision-making system. This report presents a way such decision can be carried out. Accountant and auditor job Pay and compensation Read MoreFactors of Career Choice3456 Words   |  14 Pagescareer choice Contents 1. Introduction 1.1 Role 1.2 Objective and Subjective Constraints 1.3 Key Theories of Occupational Choice 1.3.1 Developmental Theory 1.3.2 Structural Theory 1.3.3 RIASEC Model 2. Factors of Occupational Choice 2.1 Family and Class 2.2 Neighbourhood and Peer Group 2.3 School and Education 2.4 Race 2.5 Gender 2.5.1 Horizontal and Vertical Segregation 2.5.2 Pay 2.5.3 Hours Worked Read MoreCareer Choices Essay1871 Words   |  8 Pagesoverall financially. Our economy as it stands now is barely standing. The government is in debt by trillions, and furthermore, This means an increased competitive job market. However, one needs to consider many different factors when choosing a career to give them the best chance of being happy and fulfilled. People need to ask themselves, will the job fit my personality? Will I have to travel or relocate? Can I physically do it, and what is the compensation? There are many questions to ask

Risk Management L&M Bank

Question: Discuss about theRisk Managementfor LM Bank. Answer: Introduction The aim of the report is to focus with the risk management of LM Bank. It is an Australian Bank. The Bank is about to open a branch in Australia. It is important to take into consideration the various aspects that might prove to be risk factors for an organization. Industry Analysis of Banks in Australia: In the recent time, it has been found that the banks have delivered good financial results. There has been n increase of 4.7% in the tax figures. Growth in the net interest in the business has helped to achieve modest growth in loan (Ellul and Yerramilli 2013). House lending volumes have also showed growth in the regions of New South Wales and Victoria. Therefore, it can be easily assumed that there is a great scope for the banking sector. In case if the LM Bank opt for opening a new branch in the country, the business strategy can be easily get success (Giovannoni, Quarchioni and Riccaboni 2016). Principles of Risk Management Process: Creates and protects value of the customers who wishes to grab facilities of the services of Bank Based on the best information that are provided by the customers or clients Integral part of organizational processes should be cleared to the clients of the bank Tailored in action while dealing with customers When appropriate make the clients a part of decision making (Ellul and Yerramilli 2013) Taking human and cultural factors into consideration is important to operate in a culturally diverse location Explicitly addresses uncertainty whenever necessary arises Transparent and inclusive of all the business operation as undertaken by the Bank Systematic, structured and timely available to the needs of the customers Dynamic, iterative and responsive to change whenever any kind of situation arises Facilitates continual improvement of the particular organization to fight with the increasing competition in the market Part 2: a) Legislations applicable to Risk Management: Duty of care: It is important for the authority and the management of the Bank to take care of the internal and external stakeholders (Koch and MacDonald 2014). Care should be taken for the clients who come to the Bank. There should be precaution in the parking space as well. Privacy and confidentiality: In Banking, Privacy and Confidentiality matters the most. No information should be leaked without the consent of the client (Giovannoni, Quarchioni and Riccaboni 2016). Legislation related Banks operation: Laws related to transaction of money or confidentiality, are the important factors related to the legislations of Banks operation. b) Identification of organizational policies as a guide to risk management: The Bank has a strong legal foundation that helps the organization to fight against any legal risk. For the operation risk, the organization has a strong supporting technical infrastructure. To reduce any kind of IT risk, the Bank has a support of IT team. Keeping the information strictly confidential is one of the prime policy that the organization has to keep in guidance for the sake of binding the customer base. c) Scope of risk management: Identification of Significant Risks: Financial risk: There might take place certain financial risk due to any kind of disregard of the Bank policies, strategies or guidelines. The Bank might run under debt due to huge pressure of loans (Koch and MacDonald 2014). People risk: The people who are responsible for the management of the Bank might fail to manage the organization properly. There might not be continuous availability of employees that might result in the failure of dealing with the customers (org. 2016). System risk: Any kind of risk can occur in major areas like IT system, Human resource, the insurance or the monitoring process of the complete banking process. Technology risk: Technological failure can occur at any point of time that shall result in the failure of the business of the organization (Dionne 2013). The risks also include other range of problems like fraud or information security failure. Natural calamities: There have been many instances when businesses are affected due to the natural calamities like earthquake or fire and flood. Risks related to terrorism can also create great trouble for the organization. Relevant Critical Success Factors: It falls under the responsibility of the Bank to undertake certain instances that shall be effective enough to deal with any kind of risk situation. In this respect, it has to be mentioned that communication plays an important role (Cipovov and Bels 2012). In case if the internal and the external stakeholders are communicated properly, the implication of the risk might get reduced by certain folds. Communication Strategy: It is important to inform the internal and external stakeholders about any kind of risk. In order to inform them, a proper communication plan needs to be developed. In case of the internal stakeholders that include the employees and the staff of the Bank, informing them would be easier. It is recommended that in case if anything needs to be deciphered, it can be done directly by the means of sending emails to the people (Koch and MacDonald 2014). It is also recommended to call for frequent meetings where any kind of decision can be easily discussed with people. For informing the external stakeholders, a number of tools can be used for communication. These include Annual Reports or any kind of supplements or issues that are published for the sake of informing the external customers about the policies of the Bank. Goals and Objectives of the Bank: SMART objectives can be framed: Specific The major goal of the bank is to attract more customers and provide them with the necessary service as required by the agents. Measurable The goal can be easily measured by checking the number of clients or customers who have opened their account in the bank. The same can also be observed by evaluating sale of the insurance or other things that are delivered by the Bank. Achievable If the needs and the requirements are fulfilled successfully, the objective of the Bank can be easily achievable. Relevant The objective is relevant because this happens to the primary objective of the business operation of the Bank. Timely With proper initiatives, by the means of proper promotional and marketing techniques, the goals can be easily achievable. Table: SMART objectives of the Bank (Source: Kumar and Yadav 2013) PESTLE analysis of Bank industry: Political The political factors include the rate of tariffs, subsidies, currency control, free-trade zone and the administrative policies. Economic Low unemployment, strong and stable financial system with open market economy facilitates the operation of the banking sector. Socio-cultural Diverse groups of people with high level of education favor the Bank industry as more people are likely to invest their money in various fields. Technological There has been remarkable improvement in the technological sphere of business. If the case of Banking sector is considered, many banks have opted for the digital mode of banking. This has provided opportunities to many banks to attract more customers. Legal Australias banking law is flexible and the opening of new business is simple. This favors the opening of a new branch of an already established bank. Environmental Environmental factors like land, soil water favors the growth of human habitation. There is no such threat of environmental pollution due to a banking sector. These situations also favor the banking business. Table: PESTLE analysis of banking industry (Source: Chance and Brook 2015) Identification of Risks: The Broad Risk Area: Among the major risks identified, it can be said that failure related to the operational function can be the most important factor that creates risk for the bank. In the era of digitization, it is important for any organization to operate using the digital platform (Ratnovski 2013). It is also evident that the Bank does not have the proper infrastructure of digital support for the consumers (Ellul and Yerramilli 2013). Therefore, in the market of intense competition, it might happen that the Bank has to lose the battle in the utter competition due to its operational management. Another risk that the Bank might have to deal with is due to the potential privacy policy. It has to be understood that the clients always seek for privacy when it comes to monetary transaction (Giovannoni, Quarchioni and Riccaboni 2016). In case, if the information of the clients are leaked or mishandled then it might be a major concern of risk for the bank. Potential Impact of Risks: The impact of the risk might result in the fact that the Bank loses its customers base and the customers opt for other banks that provides better facilities to the customers (Fekadu 2015). In case if the Bank fails to keep the privacy of the potential customers, the impact might be negative for the Bank itself (Cole et al. 2013). The customers might lose their confidence or faith on the Bank and this can create a situation where the image of the organization is completely shattered. Analysis of Risk: Categories of Risks: It has been observed that among the different types of risks that might occur in an organization, for the bank the risks related to Privacy and Operational management could be the two most influential risk factors (Bessis and O'Kelly 2015). End Result of the Risk: The end result might lead to complete chaotic situation where the Bank has to suffer drastically. If it is considered that the risk factor hit a single branch of the Bank, all other branches could also get affected due to the bad image of the Bank (Hull 2012). The organization as a whole might have to suffer as a result of the risk. Most Significant Risk: The most significant of these risks could be the risks related to the privacy of the people who have accounts in the Bank because no single person might ever consider the factor of revealing the private information of a person (Ratnovski 2013). In such case, the person might also file complaint against the Bank and as a result the Bank has to face legal action. Implementation of Treatments: Communicating the Plan: In case if any kind of risk occurs, it is important to communicate with the internal public as early as possible. In case of leaking the information of the client, it can be assumed that the information has been leaked by an internal public only. In such cases, it is important to identify the culprit and take instant legal action against the particular person (Aebi, Sabato and Schmid 2012). The management should always focus on the factor that the information should not get out of the organization. Communicating with the particular client and make an understanding of the situation might prove to be effective for the Bank. Implementation of Plan: Certain risks occur at any instance and for the same reason implementation of a plan might not be effective. In such situations, it is required to make the committee of people where the people belonging to the higher authority of the particular organization should remain to manage the risk (McNeil, Frey and Embrechts 2015). However, it is expected that the team of management should always remain ready to deal with any kind of risk occurring situation. Location of Storing the Plan: The plan that has been made can be stored in the intranet of the organization that might be available for all the members of the organization (Giovannoni, Quarchioni and Riccaboni 2016). In case, if any situation arises, the people of the organization should remain in a ready state to deal with the situation. Conclusion: The report has analyzed the various instances that might prove to be the major risk factors for the Bank. It is based on the analysis the potential outcome of the risk has been stated. In addition to this, the treatment of the risk has also been discussed in the report. 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