The Trust bank of Britain and Asia Essay Example | Topics and Well Written Essays - 1750 words

The Trust bank of Britain and Asia - Essay Example The higher the level of uncertainty (with regards to future operations of the acquired entity) indicates that the company should go for alliance rather than acquisition and vice versa. From the case analysis, it is clear that TBBA has a strong history and culture. It is a trustworthy bank that enjoys a good repute among its customers. Though TBBA has a good holding on the retail banking tasks, it is new to commodity trading. Still, the bank has several opportunities in commodity trading especially when the economic crisis has considerably reduced the profit margins from the retail and investment banking side. Richard Cheung, the newly appointed CEO of TBBA is now faced with two questions whether it should keep its commodity trading business or sell it off. In addition to this, if the bank decides to stay with this line of business, whether it is a good idea to go for alliance or acquisition. Analysis and Recommendations with regards to Selling off Commodity Trading Business Selling o ff a part of business is worthy when the gains are higher in liquidating than keeping that line of business. Van Horne (2002) stated that selling off a part of business to another firm is a right decision when the present value received by the selling company is higher than the expected future returns by that business. Other reasons of divestment highlighted by Kozami (2002) are persistent negative cash flows, high competition, or lack of resources. In the case of TBBA, none of the above reasons exists that makes it justifiable to divest commodity trading business. Neither commodity trading business is giving negative outcomes, nor does the company lack resources for technological upgradation or to beat competition. This makes it irrational to sell off a line which is one of the most flourishing markets and has shown great potential in Asian market of TBBA. Divestment can be a quick fix for a newly appointed CEO because he is not emotionally attached to the unit to be divested; howe ver, for a CEO emotionally attached to a unit it is rather a difficult decision (Kozami 2002). In case of Richard, he is a part of the organization before being appointed as a CEO and he is the one who has given a unified identity to TBBA and commodity trading unit is very much a part of that identity. It is not that easy to sell it off rather it is more comfortable to invest in it especially when future expected returns are higher. Another thing that opposes the decision to divest is that the future plans of TBBA include returning to its roots. There is a great opportunity for expansion in UK because of the weak performance of rivals. TBBA is expert in areas where its rivals has failed to produce results; that is lending to small firms and commodity trading business. Entering these lines will give TBBA a visible success in UK market. Working on areas that can deliver true value to stakeholders can give a clear edge to TBBA in highly competitive and slow growing market of UK where i t will be difficult to mark a huge footprint otherwise. Though selling off a business unit may lead to regain lost strategic focus (Decker 2008) however it is not a good option when the business line to be sold off promises future gains (Van Horne 2002). Instead of selling off commodity business, it is a far better idea to make it work in UK market. TBBA can take advantage of its strong balance sheet to expand its commodity trading

Dont Judge A Book By Its Cover Essay Example for Free

Dont Judge A Book By Its Cover Essay He may be looking corny by wearing bulky goggles or a lab coat, but Dr.Horrible isn’t what he seems. Dr.Horrible is, for one, determined. He has set a plan on how to get himself into The Evil League of Evil by assembling his Freeze-Ray and defeating his nemesis, Captain Hammer. But before he is able to assemble the Freeze-Ray, he has to steal the final â€Å"ingredient†, the Wonderflonium. Which leads me to Dr.Horrible’s second characteristic, jealous. After bumping into Captain Hammer having to save Penny’s life, both his nemesis and love falls in love, which is the reason why he has the characteristic of being jealous. The end is where Dr.Horrible receives his final characteristic, evil. He not only defeated Captain Hammer, but he has killed Penny. Because of these acts, he is finally accepted in The Evil League of Evil. Dr.Horrible may look corny, but he definitely lives up to his name, horrible.

The Woman In White :: Free Essays Online

Wilkie Collins, throughout his life, was haunted by what one may call a second self. As a young man he confided to Percy Fitzgerald ‘how he was subject to a curious ghostly influence, having often the idea that â€Å"someone was standing behind him† and that he was tempted to look round constantly’. This second self Collins spoke of alludes to the double identity he maintained and explored in his life as well as in his work. William Wilkie Collins was born January 8, 1824 to William John and Harriet Collins. Though it is supposed that his birth may have been a difficult one, as he was marked by a permanent deformation on his head, he enjoyed a rather happy childhood, his parents being blissfully in love and financially comfortable. Having traveled extensively around England and other countries in Europe, the family finally returned to London and Collins attended a private boarding school. Subsequent to leaving the school his is apprenticed to Edmund Antrobus, a tea merchant, it is during his apprenticeship that he publishes his first work of fiction, The Last Stage Coachman. In May of 1846 Collins enters Lincoln Inn to study law, although he never exercised a career of the practice, he was able to use his acquired knowledge in writing his later novels. Two years later, the death of his father prompts Collins to write his first book, Memoirs of the Life of William Collins, Esq., Ra,. Not long thereafter Collins becomes acquainted with Charles Dickens who would become a close friend and professional contemporary. In January 1859 Wilkie Collins meets Caroline Graves, and although Collins becomes associated with Martha Rudd and fathers three illegitimate children with her, his relationship with Caroline Graves is said to inspired Collins to write The Woman in White. The Woman in White is a story of double identity. The innocent and frail character Laura Fairley is eerily doubled with the distraught and disturbed Anne Catherick. After Laura enters into marriage with Sir Percival Glyde , he in order to extort her inheritance, has Anne Catherick removed, under which circumstances she suspiciously dies, and Laura Fairley is remanded to the asylum in which Anne Catherick was once confined. Caroline Graves had concocted many identities of her own in which she used to disguise her poor and rather ambiguous past.

Working in Groups

Aryanna Cabrera Working in Groups Thesis Statement: Working in groups has many downsides and few upsides for its participants. I. Body 1: A. Positive side to group work is limited. B. Less work to do, more people. C. More ideas than just one person. II. Body 2: A. Negative side to group work is more abundant than the positives. B. Different opinions lead to disagreements. C. Not everyone does his or her job. III. Body 3: A. Evaluation is unfair most of the time.B. Individual contributions are not reflected in the grade. C. If someone is not doing his or her job, report it to the teacher. When working in groups, students are usually evaluated on others work. If they did a good job then everything is fine, but if they did a bad job, it could potentially hurt the evaluation process. Working in groups has many downsides and few upsides for its participants. Positive things about working in groups are very limited.One of the positive things about group work is that work can be divided amo ng several people, which can help the job get done faster than if it was all done by one person; like John Heywood said: â€Å"Many hands make light work. † Another good thing is that a group of people brainstorming together will come up with more ideas and solutions than a single person working alone. Vincent Lombardi, an NFL coach, once said that â€Å"Individual commitment to a group effort – that is what makes a team work, a company work, a society work, a civilization work. Everyone must do his or her part in order to be successful and get a good evaluation. This does not always happen. On the contrary, group work has too many downsides. One negative thing about working in groups is that when you have many different ideas and opinions, disagreements are bound to arise, which can stall the project. Some other negatives about group work are that if one person doesn't complete their task, the whole project will suffer; the bigger the group, the more difficult it is to schedule times when everyone can get together.Most times, there is always one person that says they do not know how to do anything; another, that always does all the work and then is going insane, and one that does not do anything until the last minute. â€Å"There are two kinds of people, those who do the work and those who take the credit. † This quote by Indira Gandhi is right on point. Every group always has these kinds of people and that should be taken into consideration by the professor when evaluating. The evaluation process for group works is usually very unfair because it is not individual.It would be considered unfair because individual contributions are probably not reflected in the grades, weaker ones students disadvantage stronger students, and it may be perceived as unfair by students. Daphne Patai, a university professor, once said: â€Å"The professor needs to investigate and learn how the group in fact functioned and who did what. I believe this way the professor makes sure that the grading process is fair for everyone. † Working in groups is supposed to be fun.It should teach the participants how to communicate, how to be responsible, how to collaborate with others, and how to do teamwork. Instead, it makes you want to never want to work in a group again, not trust anyone in the group, and always double check everyone’s work just in case there could be anything wrong. Cathy Middlecamp said: â€Å"When you put students into groups, many of the hard working students do all of the work and the lazy students do nothing and still receive the same grade. This is not fair to those who worked hard, or to those who sat in the corner and talked the entire time. Because of all of the arguments presented above, I believe that working in groups is not wise unless the professor gives individual grades; even then, I do not like working in groups. Works Cited â€Å"Grading Group Projects. † WMST-L. Web. 10 Jan. 2013. http://u serpages. umbc. edu/~korenman/wmst/group_grading. html â€Å"Grading Methods for Group Work. † Enhancing Education. Web. 10 Jan. 2013. http://www. cmu. edu/teaching/assessment/howto/assesslearning/groupWorkGradingMethods. html â€Å"Indira Gandhi Quotes. † Brainy Quote. Web. 1 Jan. 2013. http://www. brainyquote. com/quotes/quotes/i/indiragand109081. html â€Å"Inspirational Quotes About Team Work. † Inspiring Team Work Quotes And Short Teamwork Stories. Web. 10 Jan. 2013. http://www. values. com/inspirational-quotes/value/92-Team-Work â€Å"Teamwork Quotes. † Desktop Quotes. Web. 11 Jan. 2013. http://www. desktop-quotes. com/teamwork-quotes. html â€Å"Teaching Stories: Disadvantages of Collaborative Learning. † CL1. Web. 11 Jan. 2013. http://www. wcer. wisc. edu/archive/cl1/cl/story/middlecc/TSCMD. htm

Igneous rocks: Diorite Essay

Diorite is an igneous rock formed from the partial melting of the crust caused from by basaltic magma from the mantle. It is associated with batholiths, dikes and stocks usually around volcanic arcs. Its volcanic equivalent is andesite which is formed from strombolian type volcanoes. DISCUSSION Physical properties: Diorite is a phaneritic rock that is speckled black and white/grey with a very variable colour index of between 40 and 90 over short distances. The rock has an equigranular or porphyritic texture and has a generally coarse grain size but can be pegmatitic. Phenocrysts of feldspar and horneblende can be found in the porphyritic variety. The equigranular and porphyritic varieties may vary in texture between each other within a few centimetres. A foliated appearance can develop from the roughly parallel alignment of the minerals. The rock has an intermediate composition between plagioclase feldspar (oligoclase or andesine) and amphibole (usually hornblende) with various other minor minerals like pyroxene, biotite. Quartz and alkali feldspar may also be present. When the amount of quartz increases, the rock is named quartz diorite. The rock grades into granodiorite as the amount of quartz and alkali feldspar increases. Alkali feldspar increase. Some common accessory minerals are apatite, titanite and various iron oxides. Xenoliths from the partially melted margins of the magma chamber are common. Origin: Diorite usually forms along with granite in continental crust above  subduction zones.