Examples of Satire in Adventures of Huckfinn Essay

Example 1: The first example of satire is from chapter 16 when a homeowner sees Jim and thinks that he is an intruder and sends his dogs on to him, then as soon as he realizes that Huck is with him he calls them off, this is a form of satire because it is funny because people often do that to people depending on their race, as in racial profiling. For example if he had seen Huck first he may not have sent his dogs onto them. Example 2: The second example of satire is from chapter 17, when Huck stays with the Grangerfords in this chapter they mention how much they hate the Shepherdson’s; this may be a satire about how much society hates God’s children, because Jesus is our shepherd and Christians are His children therefore making all Christians the Shepherd’s children. Although not all of society hates Christians, it has become politically correct to not be a Christian for some reason and in our public schools they are teaching everyone but Christianity and that almost reflects Huck’s situation. Example 3: Shortly after that someone tries to shoot Harney, but misses, they may be a satire of how when Jews tried to killed Jesus they failed in doing so. Example 4: The only clear satire in chapter 20 is that how the Duke and the King are more concerned about how they are going to catch Jim, the run-away slave, and not concerned about the man who is robbing every one of their money. This is a satire to about how our government today is more worried about video piracy and not other very important matters. Example 5: This last satire was not written to apply to this matter but it fits perfectly, in chapter 22 the Duck and Dauphin finally put on their show after a long time of planning and work and choreography, but only 12 people tend the show, this may be a satire example of Obama Care, and how Obama spent so much money and time to produce it but when it was actually released less people signed up for it than people signed the petition to revoke Justin Bieber. Modern Day Examples Example 1: This picture illustrated that our generation uses electronics too much and that even people go to the park they still just sit and use social media or play games on their electronics instead of using the park for what it was built for. (See Picture 1) Example 2: This example if of Obama trying to outlaw guns even though they are basically the only thing keeping him alive, and he doesn’t even realize that outlaws, the ones who are killing people are going to get guns anyways because they are outlaws for crying out loud, they don’t obey the law. (See Picture 2)

Epidural Catheterization In Cardiac Surgery Health And Social Care Essay

Introduction: Risk-benefit-ratio rating of extradural haematomas due to catheter arrangement in patients undergoing cardiac surgery is still controversial. The intent of this survey is to update to 2012 the per centum of catheter-related extradural haematoma hazard in cardiac surgery. Methods: Bracco and Hemmerling 2007 hazard appraisal was updated by seeking all reported instances of extradural arrangement for cardiac surgery, in web and in literature, from April 2007 to September 2012. Hazards of other medical and non-medical activities were retrieved from recent reappraisals or national statistic studies. Consequences: Hazard of catheter-related extradural haematoma is 1/5,493, with a 95 % CI of 1/970 to 1/31,114. It is similar to the hazard in the general surgery population of 1/6,628 ( 95 % CI 1/1,170 to 1/37,552 ) . Decisions: Hazard of catheter-related extradural haematoma should be considered acceptable, since it is comparable to the hazard of deceasing in a auto accident, which is a jeopardy widely accepted. Its usage should be encouraged, because extradural improves recovery in patients undergoing cardiac surgery.IntroductionIn cardiac surgery, the extradural anesthesia/analgesia technique has been performed for many old ages [ 1 ] ; however, its usage is frequently limited by the fright of increased hazard of extradural haematoma associated with anticoagulation therapy. The risk-benefit ratio of medical processs needs to be known in order to do the best pick in routinely clinical pattern. In peculiar, it is of import to better look into the hazard benefit-ratio of extradural catheter in cardiac surgery, since it is a controversial and strongly debated pattern. In a recent reappraisal [ 2 ] , Royse showed the benefits and hazards related to high pectoral extradural anaesthesia, and he concludes that & amp ; acirc ; ˆ?epidural usage in cardiac surgery is no more unsafe than in non cardiac surgery & A ; acirc ; ˆA? . Previously, Bracco and Hemmerling estimated hazard of catheter-related extradural haematoma, seeking databases from 1966 to March 2007 [ 3 ] . The deliberate hazard was 1 extradural haematoma out of 12,000 extradural catheterisation reported in literature. The purpose of this survey is to update to 2012 the per centum of catheter-related extradural haematoma hazard in cardiac surgery.MethodMedline, SciSearch Embase, Google and Google Scholar were searched to choose publications showing patients undergoing cardiac surgery who received extradural anesthesia/analgesia. The hunt standards were ( ( ( ( extradural anaesthesia ) OR extradural catheter ) OR locoregional anaesthesia ) OR extradural ) AND ( ( ( ( cardiac surgery ) OR coronary arteria beltway grafting ) OR aortal valve surgery ) OR mitral valve surgery ) . Databases were explored from April 2007 to September 2012. The compiled publication list includes: conference abstracts, randomized control tests, retrospective and prospective surveies, and meta-analysis. The figure of patients undergoing cardiac surgery who received extradural catheterisation was retrieved ; attending was paid to non number patients twice. After that, the entire figure of instances ( denominator ) was calcula ted summing instances from April 2007 to September 2012 with instances from 1966 to March 2007 ; the latters were already included in the appraisal hazard done by Bracco and Hemmerling [ 3 ] . The numerator was calculated adding instances of extradural haematoma after extradural catheterisation in cardiac surgery, occurred from 1966 to 2012. The hazard of catheter-related extradural haematoma was compared with several different hazards, such as: the hazard of catheter-related extradural haematoma in non cardiac surgery, the hazard of chest or prostate malignant neoplastic disease, and the hazard of route traffic hurt. The per centums of hazard used for comparing were extrapolated from big tests, meta-analysis or national statistics studies. As already done by Bracco and Hemmerling, the Wilson method [ 4 ] was used to cipher 95 % reversible assurance interval ( CI ) of a individual proportion. The comparing between 2 proportions was done utilizing the same method [ 5 ] .ConsequenceIn 2012, the hazard of catheter-related extradural haematoma in cardiac surgery is 3 instances out of 16,477 patients, or 1/5,493, with a 95 % CI of 1/970 to 1/31,114. From April 2007 to 2012, around 4,477 patients having merely extradural or extradural plus GA and undergoing cardiac surgery were found. This population besides includes some paediatric patients. Kind of surgery and figure of patients are shown in table 1. We summed our consequences with the one estimated by Bracco and Hemmerling ; hence, the denominator is 16,477 ( 12,000 + 4,477 ) . Merely two instances of catheter-related extradural haematoma are described in literature from April 2007 to 2012. The first one occurred in 2010 and is reported by the UK Medical Protection Society [ 6 ] . A 70-year-old adult female had to undergo alteration surgery after 6 old ages since she received a ternary coronary arteria beltway. The twenty-four hours of surgery extradural catheter was placed without incident, and so GA was induced. The twenty-four hours after surgery, in the forenoon, the patient showed initial neurological symptoms, noticed by a nurse. However, her spinal column was examined through a CT scan merely hours subsequently, after neurological scrutiny revealed an intense motor and centripetal bilaterally block at the T6 degree. A big haematoma in the extradural infinite was clearly seeable ; hence, an exigency laminectomy and emptying of haematoma were performed. This patient remained paraplegic. The 2nd instance of catheter-related extradural haematoma happened in 2011 [ 7 ] . On the twenty-four hours of surgery, after GA initiation an extradural catheter was placed. The patient was a 55-year-old adult male scheduled for mitral valve replacing and tricuspid annulate plasty, who had stopped warfarin 7 yearss earlier surgery. Preoperative blood test revealed a normal curdling profile and normal thrombocyte count. A flaccid paraplegia appeared 16 hours after the terminal of surgery ; at that clip his curdling profile was altered and he had besides thrombocytopenia. An exigency magnetic resonance imagination showed an extradural haematoma at the T5-T6 degree, hence a laminectomy, within 6 hours since symptoms onset, was instantly performed to take the haematoma. This patient had a good overall recovery, and presented merely a little dysuria 6 months after laminectomy. Bracco and Hemmerling identified merely one instance of catheter-related extradural haematoma occurred in 1995 and subsequently reported in 2004 [ 8 ] ; hence, this instance adds up to the 2 antecedently described, so the numerator for the hazard assessment up to 2012 is represented by 3 instances. Several instances of neurological complications happening in patients with an extradural catheter placed for cardiac surgery are described in literature. Arora et Al. reported a instance of pneumocephalus after extradural anaesthesia [ 9 ] . The patient was a 68-year-old hypertensive, diabetic and corpulent male admitted for a coronary arteria beltway surgery ( CABG ) . He had a moderate clogging pneumonic disease, so extradural anaesthesia was proposed, obtaining informed consent. After uneventful extradural catheter interpolation, the trial dosage was administered ( 2ml of 2 % Lidocaine ) . Immediately, the patient reported a terrible concern, and so generalized tonic clonic ictuss developed. The patient gained consciousness 10 proceedingss subsequently, after ictuss were controlled. The magnetic resonance imagination showed air in the basal cisterns and subarachnoid infinites. The patient got a full recovery and underwent surgery 2 yearss subsequently. Writers concluded that the c omplications were due to the puncture of the dura mater. The hazard of catheter-related extradural haematoma in cardiac surgery is comparable to the hazard of extradural haematoma after regional techniques for general surgery [ 10, 11 ] . Volk et Al. estimated an incidence of spinal haematoma of 1: 6,628 in general surgical population, in Germany, from 2008 to 2009. We calculated a comparative hazard decrease of 17 % prefering general surgery ( non important ) . The US mortality for bosom disease ( deaths per population ) [ 12 ] is 10 times higher the hazard of extradural haematoma after extradural anesthesia/analgesia for cardiac surgery. The hazard of catheter-related extradural haematoma in cardiac surgery is 100 times lower than both the incidence of acute nephritic failure after CABG [ 13 ] , and the incidence of sternal lesion infection after CABG [ 14 ] . The hazard of catheter-related extradural haematoma in cardiac surgery is besides a 1,000 times lower than the frequence of ordering mistakes in infirmaries ( errors/admissions ) [ 15 ] . Patients undergoing cardiac surgery with an extradural catheter in topographic point have a hazard to develop an extradural haematoma comparable to the hazard of developing chest malignant neoplastic disease ( women/year ) or prostatic malignant neoplastic disease ( men/year ) [ 16 ] , and to the hazard of deceasing by accident ( deaths/population ) [ 17 ] [ Fig.1 ] .DiscussionKnowing the hazard per centum related to medical processs is really of import in clinical pattern ; it permits to correctly measure the risk-benefit ratio and to explicate patients all is needed, in order to obtain an informed consent before executing processs. Two recent meta-analysis have shown, one time once more, that the usage of epidural over general anaesthesia in patients undergoing cardiac surgery improves recovery by diminishing: the incidence of acute nephritic failure, the incidence of postoperative supraventricular arrhythmias, the clip on mechanical airing and respiratory complications [ 18, 19 ] . Therefore, extradural anaesthesia is an of import intercession in the multimodal scheme that anesthesiologists actuate in order to vouch the best quality attention. Furthermore, wake up cardiac surgery is a new minimally invasive anaesthesia technique, and it is a cherished option for bad patients with terrible COPD ; because avoiding cannulation and mechanical airing is necessary to cut down the hazard of decease [ 20-25 ] . This survey demonstrates that the hazard of catheter related extradural haematoma in cardiac surgery is non zero, but it is a hazard that we consider to be acceptable, since it is comparable to the hazard of deceasing in a auto accident [ 26 ] , which is an jeopardy normally accepted [ Fig. 1 ] . Restrictions of the current hazard analysis are related to our determination of non sing differences among the surveies we used as beginning. Different times of catheter arrangement, different perioperative heparinization protocols and different puncture degrees are non taken into history. The increased hazard, compared to the 2007 appraisal by Bracco and Hemmerling, we believe is due to a lessening in the figure of instances we used to find the denominator, and non to a existent addition in instances of catheter-related extradural haematoma. We used as denominator the figure of patients who received an extradural catheterisation to undergo cardiac surgery. It is our sentiment, that the instances reported in literature in recent old ages are merely a little proportion of the figure of extradural catheter arrangement really performed. Furthermore, the attending paid to epidural-related jobs has increased over clip, and accordingly, the demand to describe incorrect events increased. In literature, instances of self-generated extradural haematoma without an extradural catheter after cardiac surgery are besides described. For case, Hayashi et Al. [ 27 ] reported about a 71-year-old adult females, who underwent mitral valve plasty with CPB. The surgery lasted around 4 hours uneventfully, and she was non antecedently treated with anticoagulant therapy neither with extradural. One hr after surgery, paraplegia was apparent, an extradural haematoma compacting spinal cord at the C7-T4 degree was revealed through magnetic resonance imagination. A conservative attack was chosen because the paraplegia was non progressive. The writers stated that the extradural haematoma etiology was non apparent. The adult female had good overall result. In decision, measuring the risk-benefit ratio of utilizing pectoral extradural anaesthesia in cardiac surgery should be easier, thank to this update hazard appraisal.

Management communication Essay Example | Topics and Well Written Essays - 750 words

Management communication - Essay Example Their core competency lied in their ability to use minimal production processes to deliver fresh juices to their customers. However, with the recent press release, the stakes and brand name of the company has been put in line and immediate action has to be taken to rectify the miss-doings. The most important thing for now is to re-gain consumer confidence in Odwalla products and keep the brand name and reputation of Odwalla intact. As a consequence, it is important, that Odwalla tries everything in hand to avoid giving this case anymore footage than it already has been given. Confronting the health organization directly and upfront can be risky as the situation might get further aggravated, resulting in further tarnishing of company image. The most viable feasible option would be to get in touch with the research and development department of the health organizations, justify the company’s stance and processes employed to produce the juice and hold the matter resolved through negotiation. See, if there were other ways through which these bacteria had spread. If this doesn’t work out, then work on tentative deadlines, to improvise all production processes and to ensure that the Odwalla juices that are produced are bacteria free. Conduct an in-house research to see where the crux of the problem lies. If it indeed lies with the company’s production processes, then offer complete refund of all products sold in the current month, till as such date that the processes are again revamped. The primary aim of this letter is to keep you in loop about some changes that the organization is going through where the production processes of our juices is concerned. We have always been completely committed to providing our customers, the value that they are willing to pay for via our juices and shall continue with the same practice. The changes have been decided to take effect, after the management’s deliberation in to

Relationship Essay Example | Topics and Well Written Essays - 750 words - 4

Relationship - Essay Example Because of her, I consider myself alone and this loneliness has entered into me, as it is my own part. Now, I really want to be alone most of the time without anyone disturbing me in my isolated world. There are three kinds of relationships that are assertive, aggressive and passive. I categorize my mother’s relationship with me as passive and aggressive because whenever I try to communicate with her, the end is aggression and I feel that I will go mad. I have the same attitude with my friends, as because of keeping such behavior with my mother, I have developed the same behavior for everyone trying to communicate with me. Whenever someone is unable to understand my problems, and me I get aggressive and try to run away from the place. With the continuous problematic relationship with my mother, aggression and passiveness have become part of my personality. Therefore, what defines me with my relationships is aggression and passiveness. My group members have also problems with their relationships. One of my group members informed us that she had a troubling relationship with her boss due to which, she lost her job. She hated her boss. After listening to her issue regarding her job and her strained relationship with her boss, I considered myself fortunate enough in terms of my relationship with my boss. I work on part time basis as a receptionist in a medical therapy centre. I had no experience of the job before and when I was called for interview, I was surprised as I was quite new to the job. My job responsibilities include verification of insurance of clients with the insurance company, billing the insurance and reminding the clients about their schedule. I just randomly dropped my CV for the job without anything in my mind and I got the job. My boss is kind, sympathetic, supportive and instructive. He has allowed me to work on weekends. He is also a good teacher, as he teaches me a lot. I like my job. I also do another job as an internee, however, I do not

Patient's Right Assignment Example | Topics and Well Written Essays - 750 words

Patient's Right - Assignment Example Patients should consent to care independently without the influence of the caregiver. However, in some instances, consent to care may be hard to realize. This occurs in the case of an emergency. Incompetent patients who cannot make informed decisions on whether to accept or reject treatment calls for a third party; that consents on behalf of the patient. Parents, close relatives or court-appointed guardians are involved in this case (Council of Ethical and Judicial Affairs, 1995). Mr. X who suffers from a GI disorder expresses dissatisfaction, anger or bad feelings towards a nurse who wants to administer enema to him. As earlier pointed out, patients have the right to accept or reject treatment. This patient is termed depressed and uncooperative. However, the fact that he expresses his concern towards the treatment sets him in a position where he can make a sound decision in regard to the treatment. Mr. X is uncooperative, meaning that he fails to practice or put into action what the nurses require of him. Therefore, the patient is a state that allows him to make independent choices on the treatment offered to him. He can choose whether to take it or leave it. The nurse disregards the patient’s concern and goes ahead to administer the enema. Although the nurse has a legal responsibility to take care of the patient, it is the patient’s decision to accept or reject the care. When the patient tells the nurse that he does not want the enema administered, the nurse should have made a consideration of the patient’s protests before going ahead to administer it. A consideration was important in this context because patients have a right to refuse treatment (Council of Ethical and Judicial Affairs, 1995). The nurse may have disregarded the patient’s protests on the basis that he was depressed and uncooperative. However, if the nurse made her decision based on this factor, her decision would not be binding until a third party is involved. A cl ose family member to Mr. X would have been involved in the decision of whether to administer the enema or not. Therefore, the patient has a legal case against the nurse. The nurse fails to listen to the patient, and therefore goes ahead and does what she thinks is best for the patient. Failure to listen to the patient and the fact that the nurse ignored the role of a third party in the care giving decision results in an intentional tort. Since the nurse has a legal responsibility to take care of the patient, the nurse should have taken time to explain the benefits of enema to the patient. On the same note, the nurse should have highlighted the relative risks of refusing the enema. It is important to consider that the patient is said to be depressed and uncooperative. In this regard, the role of a close member comes in. The nurse should have consulted Mr. X’s family before administering the enema if she thought that Mr. X was only being stubborn. Although the patient is termed to be uncooperative, he takes his time to explain what happened to his son. In this case, the relationship between the father and the son can be defined to be a good one. The nurse should have waited for a family member like Mr. X’s son to decide and consent on whether the enema should be administered or not. This way, the nurse could not have

Discussion questions Assignment Example | Topics and Well Written Essays - 250 words - 5

Discussion questions - Assignment Example The group specializes mainly in entertainment and travel industries but also have a diversification of 200 businesses distributed across the United Kingdom and the Europe. However, Virgin Group has not been able to tap into the American market or create its brand name as it has done in UK and Europe. If Virgin group would concentrate more on tapping on to the opportunity in the American market then it means that its diversification strategy needs to be laid out well and if successful will reap huge benefits in terms of finances. However, Virgin Group has built its value proposition around its image variable. It is highly diversified and therefore benefits by establishing companies in sectors they have not ventured in leading to a better image variable and an increase in its value. Tesco is an example of a company that has built its value proposition around its image variable. It started as an economy supermarket. A variety of products ranging from furniture to insurance are being sold by Tesco. However it attributes its brand name Tesco to it venturing into new market without changing its core identity thus adding value to it. Another company is the Apple Company which has gradually changed from being a computer manufacturer to a giant in media as they came up with new services around the products they offered. Other examples include; Google, Nike, Intel, JetBlue, Amazon.com and Zapppos (Weinstein, 2012). Virgin Group Company being a diversified company has reaped huge benefits. They have planned carefully, carried out their market research, gotten the right people to manage their businesses and reaped the benefits. In the case of the Virgin Group, market perception and image indeed defines their

Nigerias Position on the Palestinian-Israeli Conflict Essay

Nigerias Position on the Palestinian-Israeli Conflict - Essay Example The General Assembly reiterated that it is always illegal to acquire a territory by use of force or any threat and found that Israel has been breaching the international law. The conflict between the two countries has been present for a long time, thus there is a need to settle the situation between the two. Without taking the side of the Palestine, the country supports the call for Israel to respect and honour its responsibilities and obligations in the international community. Nigeria encourages that both country will do everything to make peace in good faith. Palestine should also stop any act of dispute and violence and make peace. The two countries should make compromises to arrive at a suitable peace agreement (UNGA 10/10246). Until today, Nigeria has been very supportive of the Middle East peace process however, the country felt a little frustration regarding the progress of the negotiation. According to Kio Solomon Amieyeofori, the success of the negotiation was up to the con cerned parties, Palestine and Israel. The country still supports the Road Map peace plan as the solution to the continuous conflict of the two countries. The country encourages stopping Israel’s settlement-related activities in East Jerusalem and West Bank and calls to freeze the militant attacks in Gaza.

Combined statistical area Essay Example | Topics and Well Written Essays - 1000 words

Combined statistical area - Essay Example (Source www.policom.com) Combined Statistical Areas in Utah Brigham City Salt Lake City Weber Morgan Summit Utah Metropolitan Statistical Areas Franklin Cache David Salt Lake Tooele Juab Washington Micropolitan Statistical Areas Box Elder Wasatch Uintah Carbon Iron Counties that are Neither Metropolitan or Micropolitan Areas Rich Daggett Duchesne Millard Sanpete Sevier Emery Grand Beaver Piute Wayne Garfield San Juan Kane Part II Economic Concepts: i) Business Clusters: Business clusters can be described as geographic concentrations of the same type of businesses, suppliers, manufacturers etc. Clusters play an important role in increasing a business’s productivity. Cluster development is an important paradigm of economic development that governments should concentrate on along with companies, organizations and institutions. They safeguard all types of businesses ranging from conglomerates to small and medium enterprises and give them a collective direction to compete with exte rnal competition. According to the Institute for Strategy and Competitiveness, business clusters provide an opportunity to reduce overall costs of doing business, encourage privatization and economic stability. In United States, International Cluster Competitiveness Project and Cluster Mapping Projects are undergoing to collect data geographically with primary aim to study â€Å"the linkages and externalities across industries that create business clusters† (1). The article by Mr. James Surowiecki, highlights the merits of the cluster system that are in practice in New York. For example, opening a restaurant on Smith Street has ensured productivity and equal business opportunities for all restaurants that are operating in that particular area. The concept of clustering guarantees a business’s profitability if not success, and it is easier for these restaurants to find and employ suitable work- force. Those who are interested in such type of work automatically approach the cluster that holds the highest number of employment opportunities in their preferred industry. ii) Competition: Competition within the economic or business framework refers to a rival involved in the same type of business. Business owners, whether manufacturers, sellers or buyers, all compete with businesses that offers the same types of products or services. The perfect sort of competition is seen between businesses that are roughly the same size and neither of them can affect the market or prices on their own. Competition can be eliminated or controlled with the help of government regulations such as copyrights, fair-trade laws, patents etc. The article by Mr. James Surowiecki is trying to portray competition within a positive light, and how clusters help in the economic development of businesses that are competing in the same geographical area like restaurants. Where every business would like to be the only one of its kind to enjoy monopoly, many different social and economic problems arise from such a situation. Hence, the article tries to show the merits of competition from the consumer point-of-view. After all, all businesses depend on consumer choice in order to generate profits. iii) Supply: Within the economic framework the term â€Å"supply† can be defined as the essential link between a commodity or â€Å"want† that is offered by consumers and the price charged for it. Supply can also be understood as that commodity or service that

Men and Women Through Body Languages Essay Example for Free

Men and Women Through Body Languages Essay Abstract Communication had its verbal and nonverbal understandings, but they also have their misunderstandings. Body language has industrialized itself with different types of language that were brought up by the society. Men and women weren’t use to these body languages towards the similar gender. Miscommunication has been a problem when dealing with these differences. Men and women continue to build body languages that only made sense to themselves and not to the opposite gender. Although one defeats the other in a general body language such as; gestures for men and facial expressions for women, they will always be equal. Body languages may also differ between the two parties through culture and behavior. By knowing the differences between the two genders, a mutual understanding may be established. What is â€Å"communication†? Realistically, we can never fail to harass the use of communication because of its purpose in the society. Communication can be either verbal or nonverbal (Carnes.2010). How DO Men and Women communicate differently using body language? That’s the question we would usually ask ourselves and scarcely know the answer. According to Gray, author of the best-seller â€Å"Men are from Mars, Women are from Venus† (1992), one of the reasons that men and women differ in their use of nonverbal communication is that their reasons for communicating are often different (Carnes.2010). This means, in most situations, a man will commonly misunderstood a woman’s language because the perspective of one gender is distributed at a different angle. Diligently, Communication has altered itself through the different uses of body language between men and women; therefore, by expanding our knowledge of its diversity; we can unravel the miscommunication between two different parties. Such as the different types of verbally communicating, there are also different types of body language. We can’t entirely stress ourselves to see that, it is now a common and preferable use to most nowadays. Body language has industrialized itself through, facial expression, gestures, and physical contact by different classes of the society, whether it’s from the low class (Gangs, uneducated, etc.) to the high class (the Rich, prejudice, perfectionists, etc.). Research shows that women tend to make more eye contact during communication than men (Carnes.2010). Part of the reason for this is that, they want to be able to engage an emotional connection. An emotional connection through facial expression provides women an easier approach without the need to decide the words she wants or needs to say. This is why women are often taken for granted by men, because men read the emotions shown by women differently. Despite women’s abusive use of eye contact, men also have their side of use. Unlike women, men use eye contact to intimidate by nonverbally asserting dominance (Grover). Since men and women use similar nonverbal communication approach to different ends, they may interpret it differently when confronted. However, eye contact isn’t the only facial expression they differ, but also a simple smile. Women smile more often than men, however, this doesn’t necessarily mean that women are naturally happier than men. Freeman, author of â€Å"Women: A feminist perspective,† asserts that men rely on more obvious gestures and are more likely to use their hands to express themselves (Carnes.2010). Majority of the time, men decide to let their hands do the talking, such as women; they try not to stress themselves with words in order for them to remain in a safe zone. Similar situation happens within cultures such as the Samoans. The High Chiefs would speak with a lot of hand movement in a tradition ceremony. This means, they fear that words wouldn’t deliver correctly or satisfy the opposite. Because men dominant over gesture than women; women tend to make up for it with more facial expressions. However, that doesn’t mean women don’t know how to use gesture, for they use more subtle and restrained gestures and exhibit deferential gestures, such as lowering the eyes when interrupted or confronted (Carnes.2010). According to Carnes (2010), since men are more likely than women to associate touching with sexual intentions, heterosexual men are less to use touch during conversation with other men. Due to what men call, â€Å"Manly hood† or a similar term called â€Å"standards†. Men tend to keep distances from people when they talk to them and touch them less. Men do not express too much when touching other men unlike women, where they are far less concerned about touching other women because they also use touching as an expression of friendship or sympathy. They stand close to people and touch them to generally connect with whoever they are talking to. The difference between the two are simple, men aren’t as open as women where they express their feelings to men through touching just as to other women. This is considered a nonverbal difference because, like other reasons, it can be interpreted in different ways by different genders. Miscommunication has been a problem when dealing with these differences such as relationships. Romantic relationships often end due to miscommunication between the man and woman (Renwall.2010). It’s not because either of the two didn’t have good intentions, it’s because they didn’t communicate well enough to understand each other. Among males, competition is more important. Women in the other hand, concentrate more on cooperation. Studies show that as males’ age, their fact-to-face communication eventually resembles two people sitting in the driver’s and passenger’s seats, in the front seats of a vehicle (Renwall.2010). However, girls sit or stand in a circle when communicating, so that it’ll them to form a bond with each other. Were all-too-familiar with the iconic scene of a husband whos just returned from work, and buries himself in the daily newspaper. His wife wants to talk to him about his day, but hed rather enjoy the escapism that the newspaper provides. In this scenario, neither the man nor the woman is right or wrong. Instead, theyre exhibiting the common communication style of men and women, in a particular situation (Renwall.2010). In addition to (Carnes) relationships, women tend to lean forward when talking to a person, to show that they’re listening. They tend to use nonverbal communication as a means of enhancing her relationship with the person she’s communicating with. Often of times when couples or friends get into a major argument, it’s by miscommunication. But by learning how to communicate more effectively with opposite gender, you can prevent such situations that could even be fatal to the relationship! (Renwall.2010). There are times when women tend to say things while moving in circles; especially if there’s something that’s bothering them. By dropping hints instead of attacking the matter head on, women feel they are working at maintaining the relationship (Finkle.2011). However, it can contradict if a man is totally confused because he lacks at interpretation. Women go in circles, but men go for the jugular. To elaborate more on that; when men are bothered by something, they most likely focus on verbally communicating with just few words such as, â€Å"that’s just wrong†. Women interpret this as a heartless and tactless way of communicating, which may lead to arguments (Finkle.2011). Although one is dominant than the other to certain categories; women tend to be better at understanding body languages than men. Women are often better at picking up differences between what someone is saying with his words and body language. Sometimes women would communicate with men nonverbally; however, they wonder why men do not understand. On a daily basis, you would hear a man or a group of men calling out to a woman by saying words such as â€Å"hey baby, damn you’re hot, hello sexy momma, etc.† this is what Sam Grover of the eHow contributor community meant when he said â€Å"The reason is because men rely more on verbal communication than women.† This could sometime be a turn off for most women because it gives an image that they are cheap (Ta’amu.2012) There are differences in behaviors as well as differences in the purpose behind their behaviors (Amos,2012). These are the two primary ways that show up through the differences between men and women in body language. This means, some of these differences are done naturally; similar to genetics. Others are picked off through experience from places and can definitely differ in cultures. As mentioned earlier, women are more open than men, thus displaying their type of behavior called nurturing behavior. Contraire, on the men side, they display behaviors of a king; power and dominance. However, this was known to be facts in the past. In the modern world, these tendencies are subject to far more variability than ever before. This is due to increased acceptance and comfort with each gender displaying non-typical body language in many different situations (Amos.2012). Men and women use language differently and communicate differently because they were usually brought up differently. The society expects boys and girls as different background. Boys are expected to put themselves forward, while girls are expected to be humble. The most common body language differences are receiving and sending messages. When receiving messages, as mentioned before; women tend to be better. Unfortunately, men tend to be less skilled at using indirect body language to influence communication without actually knowing it at all when sending messages. Unlikely as it is, there are factual physical reasons for these differences. Women process messages using up to 16 different parts of their brain at once, while men process messages using about six or 7 different parts of their brain at once. Neither is better than other, but each processing pattern does influence the receiving and sending of messages based on gender (Amos,2012) This is the reason for women’s power to multitask and their creative imaginations. As with most things divided up along gender lines, the body language differences between men and women are best used as general guidelines (Amos.2012). This is saying that by knowing these differences between men and women, we may establish a better understanding between the two genders. Relationships between others may last longer than usual. One of the most common ways to better understand the opposite gender is by trust. They are a starting point, if you will, for engaging in interactions and going through the process of establishing rapport and building trust (Amos.2012). Once both men and women better understand each other’s perspective, both can improve on interpretation and understanding. The key is to be respectful of differences and not belittle or judge either gender based on body language issues (Amost.2012). We’re all addressed to our own action, words, perspective, and intention. There will always be a time when we got to face the differences. Just as the saying goes â€Å"Let’s sit, and settle our differences†. By knowing the differences between the two genders, we can start knowing that neither is right or wrong. Despite who is dominant, both men and women have fallen into miscommunication. Therefore, by understanding how the opposite gender tends to communicate, and by using some of those methods yourselfyou can prevent miscommunication and strengthen the relationship with your special someone (Renwall.2010). Through the expansion of human knowledge, we unraveled the differences. This study has a lot of implications and great information for mangers who manage both genders, leaders, ministers, CEO of companies etc†¦ A deeper understanding of the way men and women communicate many domestic and social conflicts in society can be resolved. (Ta’amu.2012) References * Carnes, D. (2010, July 12). Retrieved November 30, 2012, from http://www.livestrong.com/article/172581-do-men-women-use-nonverbal-communication-differently/#ixzz2BnRKgKyj * Renwall, G. (2010, March 16). Retrieved November 30, 2012, from http://ezinearticles.com/?How-Men-and-Women-Communicate-Differentlyid=3940430 * Grover, S. (n.d.). Retrieved November 30, 2012, from http://www.ehow.com/info_8110509_gender-differences-nonverbal-communications.html * Amos, J. (2012, October 15). Retrieved November 30, 2012, from http://www.bodylanguageexpert.co.uk/bodylanguageandmenandwomen.html * Finkle, L. (2011, October 12). In Communication. Retrieved November 30, 2012, from http://incedogroup.com/do-men-and-women-communicate-differently-3-telltale-examples-that-say-they-do/

Why IT doesnt matter Essay Example for Free

Why IT doesnt matter Essay 1.Explain the difference between a proprietary technology and an infrastructural technology. a.Proprietary technology is confidential information that is taken and used to gain a competitive advantage. Small businesses can own proprietary technologies and can be used to maintain a long term advantage; gaining higher profits than rival companies. Infrastructure technology is computer hardware, software, data, storage technology, and networks providing a portfolio of shared IT resources for the organizations. Infrastructure technology is greatly valued when shared among companies versus kept in seclusion. 2.Name two circumstance where an infrastructural technology provides a distinct competitive advantage. a.One example of the advantage of having infrastructural technology is having a product or service before it is invented or offered by someone else. A second example would be companies offering a unique corporate culture and offering extensive benefits or perks to keep employees motivated. In turn this will increase not only productivity but also will allow their employees to maintain motivated and achieve satisfaction. 3.Why is the competitive advantage of infrastructural technologies relatively short lived? a.The competitive advantage of infrastructural technologies is short lived due to the constant desire to better a product. Companies who come out with the newer or advancement of a particular product will have competitors fighting to come out with the next newer or advanced product and so on. Therefore, innovations only remain new for a certain time frame before another company precedes them. 4.What arguments does the author provide that IT is an infrastructural technology? a.IT is an infrastructural technology due to the extensive advancements that are constantly being produced by multiple companies and businesses. Infrastructural technology is a constantly changing field as IT is constantly being advanced and the use of IT has also been adapted by many organizations and industries as common practice. 5.To what does the author attribute the success of companies who appear to have used technology to their long-tern competitive advantage, such as Walmart and Dell? a.Dell and Walmart waited to make IT advancements until experimental technologies proved beneficial. By waiting to invest in IT, the fore running companies had spent more and in the end resulted in a financial loss due to outdated technology.

Human Genome Project: Legal, Ethical and Social Implications

Human Genome Project: Legal, Ethical and Social Implications In this dissertation we consider the human genome project in its wider context. We take a brief overview of the aims, the working and the sequencing techniques used together with the timeline achieved. The ability to sequence genes has given a greater understanding of the human genome. This understanding has thrown up a great many legal, social medical and ethical problems and dilemmas which clearly need tube both addressed and solved. This dissertation looks at many of the issues, analyses them, and considers some of the possible solutions. We primarily consider the situation in the UK, but comparisons are drawn with the arguably more litigious society in the USA, particularly in consideration of the legal implications of the subject. We make a consideration of the ethical position of researchers, medical professionals and also individuals whether they are considered as research subjects or simply as private citizens. We draw conclusions from our findings and present them. Introduction The Human Genome Project (HGP) was a vast and ambitious concept which was conceived in the 1980s and formally started in 1990, the main stated aim of which was to achieve the mapping of the entire human genome. It was originally anticipated that the process would take approximately 15 years and was therefore scheduled to be complete in2005/6 but the advances in technological hard and software improved sequencing ability to the extent that the entire undertaking was actually completed in 2003. The project itself involved over 1,000 principal scientists in over 200Universities, Government laboratories and private facilities. The stated and defined primary goals of the project were to: identify all the approximately 20,000-25,000 genes in human DNA, determine the sequences of the 3 billion chemical base pairs that make up human DNA, store this information in databases, improve tools for data analysis, transfer related technologies to the private sector, and address the ethical, legal, and social issues that may arise from the project. (after Collins FS et al 1998), Although the project was primarily about the sequencing of the human genome, part of the intrinsic preparatory work was carried out in the sequencing techniques of other organisms such as E Coli and Drosophila(the fruit fly) Brief description of the genome The genome of an organism is a term which relates to the sum total of the DNA of the organism. This is replicated in virtually every cell in the organism and it should be noted that it includes not only the nuclear DNA but the extra-nuclear DNA as well. It is the basic code for making all of the constituent proteins and thereby it is the ultimate determinant of the various processes that occur within the organism. The human genome has approximately 3 billion base pairs (abbreviated as A T G C). These are arranged in sequential style in the DNA double helix and are unique to an individual. There are large areas of repetition and large areas which appear to be â€Å"biologically silent† but we shall discuss this in rather greater detail later in this dissertation. (Nichols, E.K. 1998) Sequencing techniques used The eventual sequence derived in the human genome project does not represent anyone individual’s genome. The original samples were taken from multiple sperm and blood (from females) donations which were mixed and sent to labs across the world. The differences were comparatively insignificant as the vast majority (99.7+%) of the genomic sequence is identical in every individual.(Collins et al 2001) Sperm is used, as the DNA : protein ratio is higher in sperm than for other cells and is therefore easier to prepare. It should be noted that sperm contains both the male and female sex chromosomes (X Y) so equal numbers of each were added to the samples and the blood DNA was added to ensure that female derived DNA was also present. The original sequencing techniques (in the 1990s) were primarily those of gel electrophoresis, which is slow, labour intensive and expensive. It was reported that the entire human genome project team managed to sequence 200Mb of gene in 1998. Advances in technology and automotive processing allowed one participant (DOE Joint genome institute) to sequence 1.5 billion bases in one month in January 2003. (Soga, Kakazuet al 2004) It was the discovery and large-scale implementation of the capillary gel electrophoresis technique that was mainly responsible for these advances. One of the major advantages of the capillary tube method is that the comparatively larger surface area of the capillary tube allows for greater heat dissipation which was the rate limiting step for the older models as too much heat would melt the gel carrier. (Tsai et al.2004) The actual mechanism for sequencing is extremely complex but in essence each chromosome, which comprises between 50 and 250 million base pairs, is fragmented into more manageable size pieces. (the sub cloning step).Each piece is then set up as a template from which a set of smaller fragments are generated, each one is a base pair shorter than the parent (the template preparation and sequencing reaction steps). (Marsha et al 2004) The resulting fragments are separated by electrophoresis which is an ideal method because of their differing size (separation step). The end base of each fragment is then identified (base-calling step). Automated sequencers then can analyse the resulting patterns which will give representation of the base order which is then â€Å"reassembled† into blocks of about 500 bases each (for ease of handling the data) . Number of very sophisticated computer programmes then analyse the raw data for potential errors and can identify specific genes and silent areas (Krill P et al 2000) Once sequenced, the final details are placed in the public domain such as Embank for open access to all. We have made several references to the draft and final sequences. The explanation of the difference lies in the fact that there are both intrinsic errors in the processing and also in the variability of the genetic material used. The original draft sequence was published in June 2000. This was the result of each area being analysed at least 4-5times to minimise the errors. This original data was presented inspections of about 10,000 base pairs and the chromosomal locations of the genes were known at this stage. A higher quality â€Å"final† reference sequence was published in April 2003which represented a 8-9 fold sequencing of every chromosome to fill in gaps and to minimise errors which were quoted as being no more than one in 10,000 bases (Kaiser et al 2004) Human genome project timeline 1990 Official commencement of HGP work Apr. 1998 HGP passes sequencing midpoint March 1999 Target completion date for â€Å"Human genome Working Draft† accelerated to early 2000 Dec 1999 Human Chromosome 22 sequenced (first human chromosome ever sequenced) May 2000 Human Chromosome 21 sequenced March 2000 Drosophila genome completed April 2000 Draft sequences of Human Chromosome 5, 16 19 completed June 2000 Working draft of DNA sequence achieved Dec 2001 Human Chromosome 20 sequenced Dec 2002 Complete Mouse genome draft publication Jan 2003 Human Chromosome 14 sequenced June 2003 Human Chromosome Y sequenced July 2003 Human Chromosome 7 sequenced Oct 2003 Human Chromosome 6 sequenced March 2004 Human Chromosome 13 19 sequenced May 2004 Human Chromosome 9 10 sequenced Sept 2004 Human Chromosome 5 sequenced Oct 2004 Human gene count estimates changed from 20,000 to 25,000 Dec 2004 Human Chromosome 16 sequenced March 2004 Human Chromosome X sequenced April 2005 Human Chromosome 2 4 sequenced Legal issues Patenting The whole issue of patenting the genome and the offshoots of the project caused an enormous furore in medical, scientific and pharmaceutical circles. The opposing ends of the spectrum argued that, on the one hand, the benefits of such a fundamentally important piece of work should be freely available for the human race in general and the scientific community in particular, to the other who believed that the money to be made by the commercial exploitation of the genome could be used to finance other related projects. (Nuffield 2002) The culmination of the argument was that the genome was fragmented and patented piecemeal. In order to fully understand the implications of this we must explore the workings of the patent system. In the UK, patents are issued by the Patent Office. Applications must be received within 18 months of the discovery (it is 3 years in the USA). Once granted, they remain in force for 20 years from the date of issue. In order to be considered suitable for a patent to be issued a product must generally satisfy four criteria, namely: Useful – the patent application must be accompanied by some practical application of the invention (whether it has actually been applied or has been proposed in a purely theoretical sense) Novel – it must be a new, or previously unknown entity. Non-obvious –it must be a significant modification that is not simply a minor adjustment made by someone with appropriate skill and training in that particular area Detailed – the item must be described in sufficient detail to allow person who has appropriate training in the field to use it for the purpose for which it was designed. This is often referred to as the â€Å"enablement criterion† ( after Cochran and Cox. 1997) The academic argument referred to earlier was intensified by the knowledge that raw products of nature are not generally patentable. Special provision had to be made by the agencies on both sides of the Atlantic to allow for patents to be issued for genetic material. The general guiding principal in issuing patents is that they are issued on a â€Å"first to invent† basis. Where a specific application is not immediately obvious (as is the case with many pharmaceutical and bio-tech products), provisional patents can be applied for and enforced for up to one year after either discovery or publication of the findings. This is a mechanism to allow for the full implications of the finding to be worked out and patented.(Nickols F 2004) In specific reference to our considerations here, we should note that with bio-tech discoveries in general and DNA patents in particular, coincident with the application for a patent, the applicant is required to deposit a sample of their discovery in any one of 26 designated biological culture repositories which are distributed throughout the world. (Bjorn tad DJ, et al. 2002) It is a reflection of both the scale and importance of this work to appreciate that to date, there have been over 3 million separate genome-related applications for patents received on file throughout the world. The legal ramifications of this process are huge. In the UK, USA and Japan (where the bulk of the applications for genome-related patents are filed) the system requires that the details of the applications are kept completely confidential until the full patent is finally issued. As we have discussed, this process can take up to a year. (Brown,2000) The corollary of this fact is that those scientists and companies who utilise the data ( which is available on the Internet) to evaluate clinical or pharmaceutical applications of gene sequences risk the issuing of a future injunction if it transpires that those particular sequences have been the subject of a previous patent application which has subsequently turned out to be successful. (Morris AH 2002) The 3 million genome related patents include the genes themselves, gene fragments, tests for specific genes, various proteins and stem cells. To satisfy the Patent Office the four tests set out above are specifically modified to accommodate genetic material thus: (1) identify novel genetic sequences, (2) specify the sequences product, (3) specify how the product functions in nature i.e., its use (4) enable one skilled in the field to use the sequence for its stated purpose (after Caulfield 2003) Even this is not completely sufficient for the current needs of science. If we take the example of gene fragments. Their function is often not known although their structure almost invariably is. The practical applications can be extremely vague. A quoted utility of a gene fragment has been cited as â€Å"providing a scientific probe to help find another gene†. Clearly it could cause substantial practical difficulties if a patent were to be issued on such a basis, and the subsequent usage was found to be substantially different, it would not invalidate the patent. The significance of this can be fully appreciated if we consider that the typical gene fragment, comprising about 500 bases (known as expressed sequence tags or ESTs) actually represent typically about20-30% of the active chromosomal genetic material, the full chromosome may be about 40-60 times larger than this. The active chromosomal genetic material is often referred to as canal and typically only contains its information-rich (or exon) regions. The scientific importance of these gene segments are that they represent very useful tools for research as they can duplicate the actions of genes, can be synthesised in the laboratory, and remove the need for scientists to manipulate the entire gene. (HUGO 2000) It can therefore be clearly be appreciated that such gene fragments are very useful tools in genetic research and the granting of patents touch entities has sparked off another major controversy in the scientific community. There have been major representations to the various Patent Offices throughout the world not to grant such patents to these universally important entities to applicants who have neither determined the base sequence of the genes nor yet determined their function and possible uses. As a result of this, the UK and USA Patent Offices decided to issue more stringent guidelines (effective as from 2001) which required that an application for patent of a gene fragment must now specifically state how the fragment functions before a patent can be issued. The wording is specific and substantial utility that is credible, but is still considered by many to be too indeterminate. (Thompson 1992) The basis behind the objections stem from the two main arguments already put forward. Firstly the patenting of such a â€Å"bottleneck or gatekeeper† product can seriously hinder the eventual development or even the characterisation of more complex molecules. Secondly, scientists are obviously wary of utilising such entities because of the possible financial constraints and penalties that would be imposed if the particular entity that they were using subsequently was found to bathe subject of a provisional (and therefore initially secret) patent application. In essence the patent of the gene fragment could be taken out after a comparatively small amount of scientific work and exert totally disproportionate control over the possible commercial and scientific development of more advanced genome research. (Schwarz D teal 1997), There are also less obvious, but very practical, implications to this type of patenting. Let us consider the situation where patents have been separately applied for, and granted to gene fragments, the gene and various proteins that the gene expresses. Any scientist wishing to-do research in that area has not only to pay the various license holders for permission to use their patented entity, but there are also hidden costs in the research necessary to determine where (and whether)the patents have been granted. (Short ell SM et al 1998), Not all research has been hampered or driven by the restrictive practices that the issuing of patents inevitably promotes. Let us consider the case of the Welcome Foundation who, in collaboration with ten other smaller pharmaceutical concerns, agreed to form a non-profitmaking consortium whose stated goal was to find and map out an initial300,000 common single nucleotide polymorphisms (SNPs). To date they have discovered nearly 2 million. In a truly philanthropic gesture they generated a publicly available SNP map of the human genome in which they patented every SNP found solely for the purpose of preventing others from making financial profit from them and making the information available to the public domain. The SNP is a single variation in the base sequence in the genome and they are found, on average, about one in every 500 base units. It can occur in an active or in a non-coding region. The effect will clearly vary depending upon the actual site of the variation but they are believed to be a fundamental cause of genetic variation which could give researchers important clues into the genetic basis of disease process or variations in responsiveness to pharmaceuticals. (Russell SJ1997) In addition it is believed that SNPs are responsible for variations in the way that humans respond to a multitude of potential pathogens and toxins. The SNP is therefore an invaluable tool in the research behind multifactorial disease process where complex environmental and genetic interactions are responsible for the overall phenotypic expression of the clinical disease state. (Santis,G et al 1994). We have referred in passing to the arguments that are currently raging relating to the issues on patenting genetic material. We should therefore consider the question of why patent at all? Would we be better off if the patent offices did not accept patents of genetic material? On first examination of the situation one might think that scientific investigation, in general terms, might proceed faster if all scientists had unlimited and free access to all information in the public domain. More careful consideration suggests however, the laws relating to intellectual property are built on the assumption that unless ownership and commercial profits can be reasonably secure (by means such as patents) few organisations would be willing to make the substantial investment that is typically necessary for development and research. The reasoning behind the mechanism of patenting intellectual property is therefore the marrying together of the need to secure a potential income from one’s work with the ability to allow the transparency of full publication of one’s discoveries which will therefore allow others to consider and utilise the information in their own research. (Berwick. 1996) Consideration of this point will suggest that the only other effective means of safeguarding the costs of one’s research would be total secrecy which clearly would not be in the general interest of the scientific community. If we add to the general thrust of this argument, the fact that, in general terms, the costs of development(post-invention) far outweigh the costs of research (pre-invention) we can see the economic sense in allowing innovative research-based firms the financial security of development by preserving the profit incentives by means of the Patent. (DGP 2002) In general terms we could view the patent mechanism as a positive development.(McGregor D 1965). Perhaps it is the breadth and number of the patents allowed in the field of genomic research that is the prime cause of unease in the scientific community. Special cases The arguments presented above can be broadened further if one of the natural extensions of the human genome project is the research into the possibility of cloning. We will not consider the (currently totally illegal) possibility of human cloning per se, but the therapeutic embryo cloning for the purposes of harvesting human stem cells. Such cells have immense potential for the study and therapy of a great number of disease process. As such they have enormous value as both intellectual and commercial property. The background to our discussion here includes consideration of the fact that courts in both the UK and the USA (Diamond v. Chakrabarty1980) have set precedents that single celled organisms (genetically modified bacteria) were intrinsically patentable. Legal argument then followed and shortly after there were similar rulings in favour of the patentability of simian stem cells. It logically follows that human stem cells should be afforded the same legal protection. The problem arises then that such a move would offend other legal principles such as technical ownership of another human being.(PGA 2001) Clearly there are enormous, and some would say insurmountable, difficulties in this region. We present this point simply to illustrate the potential difficulties surrounding ownership of the human genome. Broader legal issues Matters relating to the legal implications arising from the human genome project already fill countless volumes and we do not propose to make an exhaustive examination of the subject. There are however, number of major issues that arise either directly or indirectly from this project. They are largely interlinked with major social and ethical considerations and society, as a whole, has looked to the law to provide authoritative answers to some of them. (Stripling R et al.1992) One of the major problems associated with the potential ability to decipher the human genome is what to do with the information that it gives us. The ability to â€Å"read genes† brings with it the ability to discriminate with increasing degrees of subtlety. Discrimination is inevitably linked (historically, at least) with varying degrees of injustice. Whether it is the more obvious forms of discrimination such as insurance loading on the basis of predisposition to disease traits or more insidious and pernicious scenarios such as the ability to discriminate by genetic association with various ethnic groups, the ability is there. Will it become acceptable to refuse a mortgage application on the grounds that a person has been found to have a genetic disposition towards gastric cancer? Could health insurance premiums be based on an interpretation of various aspects of one’s genome? Some lawyers have already voiced their concerns about the ability of the law to provide genetic defences where it may be possible to challenge prosecutions on the ability to undermine the ethical principle of the validity of individual responsibility. The concept of free-will may be legally challenged in the prospect of discovery of various genetic traits that may predispose the individual to any one oaf number of behaviour patterns such as antisocial or thrill-seeking behaviour or violence. (Laurie G 2004) We currently accept that some manifestations of the human genome are now routinely enshrined in virtually unchallengeable law. DNA identification in criminal law is commonplace and scarcely questioned. Paternity suits are settled on the basis of genetic make-up. It doesn’t take a quantum leap of intuition to appreciate that there may soon be potential negligence cases brought against physicians and the like who fail to warn patients against the possibility of developing the ever increasing number of disease processes that are thought to have a genetic predisposition or component. The converse of that dilemma is should we expect physicians to suppress information found by genetic testing if there is no known cure? It follows that if we do not then people could be condemned to live with the knowledge that they are statistically likely to develop any one oaf number of diseases that they may very well, in other circumstances, have chosen to live in ignorance of. (Hyde, SC et al. 1993) Such cases have already surfaced, unsurprisingly in the USA. The estate of a colonic cancer victim unsuccessfully tried to sue a physician who failed to warn him about a genetic predisposition to colonic cancer from which he subsequently died. (Safer v Estate of Peck 1996) Some measures have been taken to try to protect exploitation of the genetic status of individuals where it is known. In the USA, some 16states have enacted laws to prevent both health and other insurance companies from using any form of genetic information to load premiums or to refuse cover. The initial reaction to these moves was one of delight, but it soon became clear that this was only of any potential value when the individual was asymptomatic. There was no bar to premium levels once the symptoms became apparent. To some extent, although the same level of legal prohibition does not apply in the UK, there is little difference. In this country, insurance companies will still load premiums or refuse cover once symptoms are apparent. (Rothstein MR1999) Social and medical considerations As we have implied earlier in this piece, the fundamental nature and importance of the human genome project to humanity as a whole means that its impact has great implications for the fields of law, ethics and social considerations. This is hardly surprising as, at the most basic level, all these three considerations are inextricably linked. Many of the social implications are also tied up with medical considerations and therefore we shall consider both of these elements together. Humans, as a race, have about 3 million pairs of bases that determine their genetic identity. Interpersonal differences between individual humans however, are determined by only one tenth of one present of our collective DNA. These three million base pairs are ultimately responsible for the physical and perhaps behavioural diversity that we observe in our species. (Erickson 1993) It is in the nature of inheritance that this variation has accumulated across the generations by small mutations or variations in the base sequences. These small differences are ultimately responsible for all human diversity including many overt disease process and predisposition or resistance to others. It is clearly important where these mutations take place as some have no functional effect, others may confer some form of advantage or benefit (and thereby the motive factor behind the evolutionary processes) others may cause disease or even be incompatible with life.(Griesenbach U et al 2002), It can be argued that all disease process have at least a genetic component. It can be completely due to a genetic malfunction such as the defect in the single gene for the cystic fibrosis transmembraneconductance regulator (CFTR) which results in an abnormal expression of one protein (the protein is still expressed, but due to one amino acid irregularity it folds in a different way) which results in the clinical situation of cystic fibrosis. (Piteous DJ et al 1997). Equally it may be due to a variation in the genetic code that modifies how the immune system responds to a particular pathogen (Yoshimura, K et al. 1992). As we understand how our genome influences literally every aspect of our health we will inevitably discover more ways to combat and tackle the diseases of mankind. Before we move on to discuss overtly social and ethical considerations we should logically extend the appraisal and examination of the medical issues, as they have a pronounced bearing on these other areas. With the advent of a greater understanding of the human genome and the cellular mechanisms of regulation and disease comes the prospect of gene therapy. On the one hand, the potential benefits for the sufferers of single gene mutation syndromes such as Tay Asch’s disease and Sickle Cell Anaemia are clear and undisputed, and yet the same technology has enormous social and ethical ramifications. There are thought to be about 4,000 single gene defect syndromes known to medical science at present (Termite, S et al 1998). These are the prime targets for the gene therapy researchers There are also an enormous number of more complex, but still primarily genetically determined disease process, such as Alzheimers Disease and schizophrenia, together with the commoner Diabetes Mellitus and hypertension variants which, although having a genetic component, are thought to be manifested after a period of interaction with environmental factors. It is quite possible that the techniques of gene therapy could ultimately be applied to these conditions as well.(Sikorski R et al 1998), Social and medical benefits The advent of understanding of gene function leads to other developments in the fields of both diagnostics and possibly preventative medicine. There is already considerable debate in pharmaceutical circles about the ability of researchers to utilise genetic information to make predictive assumptions about the ability of individuals to metabolise drugs. (Sailor R et al. 1998).One of the big problems with pharmacology is that, although a normal response to a particular drug can be predicted reasonably accurately, there are variations in genetic make-up which cause marked differences in threat of metabolism and excretion of some drugs. In many cases, these differences are of minor clinical importance, but in anaesthetic and cytotoxic drugs, the differences can be lethal. (Wriggle DJ 2004). As extension of this thread of argument is that it is known that some malignancies will respond well to some cytotoxic agents while others will show no response at all. The point behind these comments is that there are considerable efforts in the pharmaceutical industry to identify the particular regions of the genome which are ultimately responsible for these differences. If they can be found it follows that they may either be capable of modification (by gene therapy or other mechanism) or their effect can be measured so that the dose (or even the type) of medication can be adjusted with far more confidence in the knowledge of the likely pharmacodynamics of that individual patient.(Spindle et al 2002). It is the ultimate hope and goal of these efforts that the pharmaceutical industry will ultimately be able to speed up the process of drug development, make the drugs faster and more effective while dramatically reducing the number of adverse drug reactions observed. Social and medical difficulties Gene tests are currently in the process of being developed as a direct result of the human genome project. Some are already commercially available. the social implications here are huge. Quite apart from the medical implications of being able to predict the likelihood of possibly developing certain disease processes, there are legal and social applications as well. Courts have been presented with the results of gene tests in cases as diverse as medical malpractice, privacy violations, criminal cases and even child custody battles.(Diamond. B. 2001) The immediate difficulty in this area is, firstly that there is insufficient knowledge to be able to interpret the results of the gene tests with 100% accuracy. This, when combined with the knowledge that many of the conditions that currently can be tested for have no known or successful treatment, leads to enormous social and ethical dilemmas. While it may be considered quite reasonable to tell a person that they are carrying a defective gene for cystic fibrosis ( as a carrier state, rather than a symptomatic individual) and thereby allow them to make positive decisions with regard to whether they choose to run the risk of passing that particular gene on to future generations. Is it reasonable to tell someone in their 20s that they are likely to develop Alzheimer’s Disease in their 60s? How will that knowledge impinge upon their approach to life? (Douglas C 2002) Equally how will such knowledge affect the eventual application and acceptance of health insurance policies which are currently worked out on

Americans Will Never Accept a License to Drink Law :: Argumentative Persuasive Argument Essays

Americans Will Never Accept a License to Drink Law Mike Brake’s â€Å"Needed: A License to Drink† has many claims, but the thesis is anything but qualified. In my opinion, this is a story that explains the desperation of a man who had family members close to him pass away due to alcoholism. The author believes everyone must take a course and a final test to see whether they should be allowed to purchase alcoholic beverages or not, with a certain alcohol license issued when they pass the course. Even if this so-called drinking license were to become a law, the truth still remains that people will always find ways to get alcohol. Do you honestly believe such a ludicrous idea would work in today’s society? When I read this article, I was astonished to find out somebody would even think of such an outrageous idea like making people take tests to get an alcohol license. â€Å"Addiction to alcohol is one of the primary public-health problems in the United States. It causes more than 19,000 auto fatalities each year and it is responsible for more than a third of deaths from drowning and fire† (135). Any one of those people could have simply been at a wedding or casual get together in which they had alcohol. I know that does not mean they have an alcohol addiction problem and should be required to have a drinking license. Even though nobody close to me has ever died due to alcoholism, like the author’s past experiences, I simply cannot see anything this strict going into effect, especially here in America. This is still America where people come to live for our freedom. This plan would definitely fail due to people’s constitutional rights. This country’s backbone was built on people’s freedoms, and this idea of having a license to drink would definitely try to restrict far too many people that should not be restricted. What says every single person of the 19,000 had an alcohol addiction problem? In addition, even back when prohibition was taking place, people got around that obstacle by making their own alcohol behind the walls of their houses. If people were to do that today, it could become very dangerous. People could mix the wrong amount of ingredients together and come up with a deadly concoction, or neighbors could fight for their alcohol when people become desperate and try to steal each other’s alcohol.

Essay on Dysfunctional Families in Song of Solomon -- Song Solomon ess

Dysfunctional Families in Song of Solomon    The African American families in Toni Morrison's Song of Solomon present abnormality and dysfunction. Normalcy, seen in common nuclear families, is absent. The protagonist, Milkman, is shaped by his dysfunctional relationships with parental figures.    The abnormality of the mother and child relationship is apparent in Song of Solomon. The mother figure seems to have misguided hopes. Toni Morrison, presents an image of an unnatural, extended time of maternal bonding. The character, Ruth, breastfeeds her son, Milkman, until he is four or five years of age. Ruth breastfeeds Milkman for this unnaturally lengthy amount of time because it makes her feel like her son is a part of her. Breastfeeding him gives her immense pleasure and satisfaction. However, she hides her indulgence from the rest of the family until Freddie the janitor catches her. She knows it is wrong, but it makes her daily life bearable.    The children display a mild amount of disrespect leading to severe denial of motherly compassion. We see this in a passage from Song of Solomon.    "He had never loved his mother, but had always known that she loved him. And that had always seemed right to him, the way it should be. Her confirmed, eternal love of him, love that he didn't even have to earn or deserve, seemed to him natural(79)."    Milkman has a peculiar view of his mother. He did not think of his mother "as a person, a separate individual, with a life apart from allowing or interfering with his own(75)." Milkman does not think of his mother as an individual who needs his love or as a woman. To him it her duty in life to love him. He sees her as a frail creature that needs protection f... ...is son has struck him. Yet, he feels pride in his son for standing up to him.    Song of Solomon, joined by the dysfunction in the families, present an insightful image of the individual and the family of African Americans. Milkman, gained strength and courage through the trials of abnormal, sometimes abusive upbringings. Each scar, whether it was mental or physical, was a lesson learned.    Works Cited: Byerman, Keith. "Songs of the Ancestors: Family in Song of Solomon." Approaches to Teaching the Novels of Toni Morrison. Ed. Nellie McKay. New York: MLA, 1997. Middleton, David. Toni Morrison's Fiction: Contemporary Criticism. New York: Garland, 1997. Morrison, Toni. Song of Solomon. New York: The Penguin Group, 1977. Storhoff, Gary. "'Anaconda Love': Parental Enmeshment in Toni Morrison's Song of Solomon." Style 31.2 (1997): 290-309.

Communication Differences: Male vs. Female

If you are a woman have you ever wondered why a man did not understand the way you worded something or communicated something to him. Or if you are a man, did you ever wonder why a woman said what she did or did not understand why she didn’t â€Å"get† what you were saying or why she reacted a certain way to your words? The way men and women communicate with each other different because of many reasons.In this presentation, I will try my hardest to communicate to you, both men and women, what these differences are and hopefully fulfill you with a better understanding of why we communicate differently and how to break those barriers for your professional and personal lives. 1. The typical stereotypes. Explain that no way is better, just different. Social Conditioning. (Use personal examples) a. Men are more direct. i. Men tend to be more direct in communicating and look for a solution as quickly as possible b.Women are more emotional and tend to speak in dialogue. ii. Wo men tend to be more emotionally involved with communicating and feel that the whole picture and different solutions are important. 2. The differences in male and female communication in social settings c. How women build and maintain relationships iii. Women tend to focus on making connections 1. Secrets 2. Relating experiences 3. Discussing options 4. Find commonalities d. How men build and maintain relationships iv. Groups of friends tend to be larger . Do activities rather than conversing vi. More competitive 3. The differences of men and women communicating in a business setting/work environment e. How men communicate in business environment vii. Men want facts 5. Men usually ask fewer questions to stimulate conversation in their work relationships and often end conversations more abruptly than women. viii. Men take one task at a time 6. Men tend to like to focus on one task at a time ix. How men keep status at work 7.Tend to be more literal and use language to establish status 8. Tend to ask less questions to not show they don’t know something 9. Tend to not like to give or receive detailed feedback. Find it criticizing. f. How women communicate in a business/ work setting x. Women’s brains are always â€Å"on† 10. There is more neural activity in the female brain at any given time than in the male brain. Enhances multitasking. xi. Women focus on friendship first 11. For example, female salespeople, they tend to build relationships when they sell.They don’t tend to go into a transaction focused on the final outcome but wanting to build rapport and learn more about the client first. xii. Women remember the little details 12. Females can generally remember more physical and relational details than men. Breaking this Barriers 1. Try to Understand the different styles when communicating with the opposite gender and keep them in mind 2. Actively listen- concentrate on the main points and focus on what is being communicated no matter which way these points are being communicated. 3. Interpret non-verbal clues.In conclusion, men and women’s brains are wired differently and the two genders tend to use two different sides of the brain which in turn leads to many differences in men and women. Communication, whether by a male or female, still has a focus, so find an end result sooner or later. Communication differences between males and females are also most likely due to social conditioning that stem from childhood. I truly feel that there is no right or wrong way to communicate, but understanding the way both genders do so is important for effective communication in business as well as in life. Related article: â€Å"Advice About Communication†

Analysis of Different Banks Performance in Bangladesh by Using Published Financial Statements

07 August 2007 Md. Mahfuzur Rahman 2003-2-10-187 BBA East West University Dear Mahfuz: As the students of business administration are supposed to prepare a Report and submit that at the end of the semester, you are authorized to choose an interesting issue and construct a formal report on that. The issue should be the â€Å"Analysis of Basel Agreement and It’s influence on Bank’s of Bangladesh†. The report should include some key steps such as Executive summary, introduction, conclusion, sources of information and the analysis. The title should be a statement which will describe the report precisely. I will appreciate if you prepare the report according to the instruction given. Thanks Nikhil Chandra Shil Senior Lecturer & Assistant Proctor East West University 07 August, 2007 Nikhil Chandra Shil Senior Lecturer & Assistant Proctor Department of Business Administration 43 Mohakhali C/A Dhaka, Bangladesh Dear Sir: Here is the report on the â€Å"Analysis of Basel Agreement and It’s influence on Bank’s of Bangladesh†. As you will find that I have conducted an in-depth investigation and analysis of different type’s ratio and tried to analyze certain circumstances and displayed our results of analysis and findings in this report. I will really appreciate if you go through the report and express your feedback on that. Thanks Sincerely Md. Mahfuzur Rahman 2003-2-10-187 Acknowledgement The report is based on the performance analysis of different bank in Bangladesh. While any an all errors of fact, omission, and emphasis are solely our responsibility. I would remiss, if I did not acknowledge those who helped me to prepare this report. First of all I must humbly acknowledge the contribution of Nikhil Chandra Shil for the time and effort to help me. I have had the good fortunate of meeting him in personally and share his views and ideas. Next I must thank the University for offering us this project (BUS 498) course and our course instructor for his encouragement and cooperation. I believe it will help us in understanding and identifying different types of risk in the banking sector. Finally, I would like to acknowledge the contributions of my parents. Although they didn't write a single word of this report or any artworks, but their imprint can be found on everything I do. They support me, encourage e, and inspire me. They give my work – and my live -meaning. It is my Mother who provides me all the love and affection. | | |Chapter 1 |04-16 | |1. 1 Origin of the Report, Objective |06 | |1. 2 Methodology, Scope, Limitations |08 | |1. Executive Summary |09 | |1. 4 Introduction |11 | |1. 5 Banking Industry –Overview |12 | |1. 6 Credit Rating Status |16 | |Chapter 2 |17-22 | |2. Key Profitability Ratios In Banking |17 | |2. 2 Earning Per Share |18 | |2. 3 Liquidity Risk |20 | |2. 4 Credit Risk |20 | |2. 5 Capital Risk |21 | |3. Key Profitability Ratios In Banking |23 | |3. 2 Earning Per Share |24 | |3. 3 Liquidity Risk |26 | |3. 4 Credit Risk |26 | |3. 5 Capital Risk |27 | |4. Key Profitability Ratios In Banking |29 | |4. 2 Earning Per Share |30 | |4. 3 Liquidity Risk |32 | |4. 4 Credit Risk |33 | |4. 5 Capital Risk |34 | |5. 1 Key Profitability Ratios In Banking |35 | |5. Earning Per Share |36 | |5. 3 Liquidity Risk |38 | |5. 4 Credit Risk |38 | |5. 5 Capital Risk |39 | |6. Key Profitability Ratios In Banking |41 | |6. 2 Earning Per Share |42 | |6. 3 Liquidity Risk |44 | |6. 4 Credit Risk |45 | |6. Capital Risk |45 | |Chapter 7: City Bank |47-52 | |7. 1 Key Profitability Ratios In Banking |47 | |7. 2 Earning Per Share |48 | |7. 3 Liquidity Risk |50 | |7. Credit Risk |51 | |7. 5 Capital Risk |51 | |Chapter 8: Uttara Bank |53-58 | |8. 1 Key Profitability Ratios In Banking |53 | |8. 2 Earning Per Share |54 | |8. Liquidity Risk |55 | |8. 4 Credit Risk |56 | |8. 5 Capital Risk |57 | |Chapter 9: Prime Bank |59-64 | |9. 1 Key Profitability Ratios In Banking |59 | |9. 2 Earning Per Share |60 | |9. Liquidity Risk |62 | |9. 4 Credit Risk |63 | |9. 5 Capital Risk |63 | |Chapter 10: Southeast Bank |65-70 | |10. 1 Key Profitability Ratios In Banking |65 | |10. Earning Per Share |66 | |10. 3 Liquidity Risk |68 | |10. 4 Credit Risk |68 | |10. 5 Capital Risk |67 | |Chapter 11: Conclusion |71-73 | |11. 1 Conclusion |71 | |11. Bibliography |73 | Chapter-1 Introduction ORIGIN OF THE REPORT This report has been prepared as a requirement for the completion of the BBA program of the Department of Business Administration, at East West University, Dhaka. OBJECTIVE The main objective of the report is to illuminate on the different ratio analysis of some major private bank in Bangladesh and its Comparative Analysis with other Banks prevailing in the market. I will also try to find out how the performance of the bank is improving over the years and how it is contributing to the growth of the banking sector. The following specific objectives can be identified: 1. To make a comparative study on nine major private bank in Bangladesh. 2. To suggest suitable measures to remove the existing problems (if any) & improve the present condition. DATA Data used in this project are derived from the published financial statements of nine banks operating in Bangladesh as of 31 December 2001, 31 to December 2005 from 48 banks operating in Bangladesh. There are some banks whose financial statements either are not available or contain some incomplete or missing accounts, or are contradictory hence they are deleted from observation. Banks are chosen by their status of operation. I have chosen some Liquidated Banks, some Problem Banks, and some Normal Banks for my research. INITIAL VARIABLES There are some basic financial performance and structural characteristics to evaluate a bank, namely profitability, efficiency or productivity, quality of assets, growth and aggressiveness, liquidity, size, capital adequacy, income diversification, and dependence on affiliates. There is, certainly, no single variable which could measure and represent each characteristic perfectly. There are, typically, several variables that proximate to a characteristic of interest. Based on literature review on banking and financial institutions and initial judgment, I chose the following variables to represent each characteristic as listed below. Earning and profitability: Return on Assets (ROA) = Net Income / Assets (NI/A) Return on Equity (ROE) = Net Income / Equity (NI/E) Return on Earning Assets (ROEA) = Net Income / Earning Assets (NI/EA) Return on Loans (ROL) = Interest Income / Loans (II/L) Interest Income / Earning Assets (II/EA) Net Interest Income / Earning Assets (NII/EA) Interest Margin (IM) = Return on Fund – Cost of Fund (IM) Productivity and Efficiency: Operating Expense / Operating Income (OE/OI) Profit Margin (PM) = Earning Before Taxes / Operating Income (EBT/OI) Sta. Expense / Assets (SE/A) Non-interest Expense / Assets (NonIE/A) Quality of Assets: Write-offs / Loans (W/L) Provision for Loan Losses / Loans (PLL/L) Provision for Loan Losses / Equity (PLL/E) Capital Adequacy: Equity / Assets (E/A) Equity / Earning Assets (E/EA) Equity / Loans (E/L) Growth and Aggressiveness: Loans Growth Rate (LGR) Loans-Market-Share Increment (LMSI) Deposit Growth Rate (DGR) Deposit-Market-Share Increment (DMSI) Equity Growth Rate (EGR) Loans to Deposit Ratio = Loans / Deposit (L/D) Credibility or Cost of Fund: Interest Expense / Deposit (IE/D) Interest Expense / Third Party Fund (IE/TPF) Size: ln (Assets) (lnA) Income and Sources of Fund Diversification: Non-interest Income / Operating Income (NonII/OI) Deposit / Third Party Fund (D/TPF) Liquidity: Liquid Assets / Deposit (LA/D) METHODOLOGY The study required information regarding the past & present condition of different Bank in Bangladesh. Necessary data and information were gathered, secondary data, and annual report. a) Sources of Data: The following sources had been used for the purpose the purpose of collecting data as required for this report: Primary sources: I) Observation, ii) Personal communication with course instructor Secondary Sources: I) Annual and other periodical reports of different Bank in Bangladesh ii) Various manuals (conditions of use guides) and brochures, iii) Service Rules & IV) Miscellaneous Publications. SCOPE The report is limited to the understanding of credit risk, capital risk, liquidity risk analysis, and find out the key profitability ratio, and a comparative interpretation to that analysis. It was really difficult for me to gather all the necessary information because the managers were not cooperative at all. As a result, we have chosen the following nine banks based on the availability of information we get. LIMITATIONS 1. As a student of business administration, analyzing of different sorts of risk and ratio is new for me so it took some time to understand. Besides three months time is inadequate to prepare such a robust report. 2. It was very difficult to get the actual information from the annual report; some of the information is not given the annual report. 3. Sufficient records, publications were not available. The constraints narrowed the scope of real analysis. 4. Most of the time I have faced the problem with the annual report which is prepared before 2000. 5. Accounting practice is different for the different bank. 6. Credit Worthiness: At present, we do not have any credit rating company in our country and information on the customer from the third party is also not always reliable. Therefore, we need to make our own scoring system. Since it will be a very difficult to prepare a standard scoring system to assess everybody’s credit worthiness so we shall also have top substantially depend on judgmental analysis to make decision on every individual cases. Every individual case shall be unique and separate from others. EXECUTIVE SUMMARY Bank |Profitability |Liquidity Risk |Credit Risk |Capital Risk | |Dhaka Bank |Average |Low |Low |Average | |NCC Bank |High |High |Low |Average | |National Bank |Average |Low |Average |High | |Al-Arafah Bank |Average |High |High |High | |Eastern Bank |High* |Low |Average |Low | |City Bank |High |Low |Average |Average | |Uttara Bank |High |High |Low |Average | |Prime Bank |High** |Average |Low |Low | |Southeast Bank |Average |High |Average |Average | TABLE: Summery of Risk Categor ies |Risk Type |Definition |Comment | |Country Risk |( The risk that a counter party is unable to meet its |( Country risk is often confused with sovereign risk, | | |foreign currency obligations as a result of adverse |which is the counter party credit risk of the government. | |economic conditions or actions taken by governments in | | | |the relevant country. |( Country Risk is also often referred to as transfer risk | | | |or cross border risk. | | | | | | | |( Country related events such as economic downturn, | | | |political changes; devaluation etc. ill often have | | | |significant impact on the other risks that SCB must | | | |manage. | |Credit Risk |( The risk that a counter party will not settle its |( Assessing this risk requires an understanding of the | | |obligations in accordance within agreed terms |customers ability and willingness to pay but also its | | | |understanding of the risks it faces and how well it | | | |manages them e. g. environmental risks | |Liqu idity Risk |( The isk that funds will not be available to meet |( Includes the management of cash flow under business as | | |liabilities as they fall due |usual and stress conditions together with setting of | | | |targets for balance sheet ratios. | |Market Risk |( The risk of loss generated by adverse changes in the |( Does not include the risk of price movements in other | | |price of assets or contracts currently held by the |markets e. g. stocks and shares, property, commodities. | | |company (this risk is also known as price risk). |Does include basis risk. |Capital Risk |( The risk that a bank capital might be undergone |( Equity Capital/Total Assets has been increased but | | | |Purchased Funds/Total Liabilities | |Business Risk |( The risk of failing to achieve business targets due |( Includes decisions on the markets we operate in, | | |to inappropriate strategies, inadequate resources or |products offered, and customers targeted and the terms and| | |changes in the econo mic or competitive environment |conditions of conducting business. | |Legal and Regulatory Risk |( The risk of non compliance with legal or regulatory |( Includes banking specific legislation and regulations | | |requirements. |but also all applicable laws. In extreme cases could lead | | | |to loss of banking license(s). | Source: Bank Management & Financial Services (6th Edition) Pages: 161, 162, 164, 328, 472. INTRODUCTION The overall objective of my project report is to clearly identify and briefly discuss about the performance analysis of different bank in Bangladesh. To nalyze the performance of different bank I have analyzed different ratio and provided some interpretation of them. I have taken a total nine bank to evaluate the performance of them. And try to make a comparison among all of the following. 1. Dhaka Bank Ltd 2. National  Credit Ltd. 3. National  Bank Ltd. 4. Al-Arafah Islami Bank Limited (Al-Arafah) 5. Eastern Bank  Ltd. 6. The City  Bank Ltd. 7. Uttara Bank 8. Prime Bank Ltd. 9. South East  Bank Ltd Customer satisfaction is one of the core objectives of different bank. Taking decision to provide credit facility to a corporate customer is not easy in this fast changing global environment especially in Bangladesh. To smooth the whole process the work is divided. So, before making a decision the every necessary information should be carefully analyzed by different departments and different people who have gained expertise in their related field. Thus it helps both in making correct decision and smoothen the process to satisfy the customer need quickly. A bank is an organization that engages in the business of banking. Banks perform three functions: 1. Provide the means of payment through administering the checking account system. 2. Intermediate between depositors and borrowers by offering savings and time deposit- to depositors and providing all types of loans to borrowers. 3. Provide a variety of financial services, encompassing fiduciary services, investment banking and off-balance sheet risk taking. Commercial banks are private profit seeking enterprises, balancing risk and return to their portfolio management with the goal of maximizing shareholder wealth. Share holders wealth depends on three factors: 1. The volume of cash flows resulting from portfolio decisions. 2. The timing of those cash flows 3. The risk and volatility of the cash flows. Commercial banks face six risks: 1. Credit or Default risk 2. Interest-rate risk 3. Liquidity risk 4. Operational risk 5. Capital. Risk 6. Fraud risk The Modern definition of a bank is, An institution that provides all financial services† (Source: SCB Handbook) and the core activity of a bank is to collect money from the people who has surplus with them and lend those money to people who has deficit, known as credit facility. Customers sought different kind of credit facility from banks and the banks try to provide as many as they can within their limited scope. Every bank follows a predefined structured procedure in providing credit facilities to their customers. BANKING INDUSTRY –OVERVIEW The banking industry in Bangladesh is more than 600 years old. The first commercial bank was ANZ Grindlays Bank which opened in1905. The central bank of the country, Bangladesh Bank controls and monitors the banking industry. At present there are 52 commercial (nationalized, foreign and local) banks. Currently, the major financial institutions under the banking system include: ? Bangladesh Bank ? Commercial Banks ? Islamic Banks ? Leasing Companies ? Finance Companies ? Merchant Banks Generally, the commercial banks and finance companies provide a myriad of banking products/services to cater to the needs of their customers. However, the Bangladeshi banking industry is characterized by the tight banking rules and regulation s set by the Bangladesh Bank. All banks and financial institutions are highly governed and controlled under the Banking Companies Act-1993. The range of banking products and financial services is also limited in scope. All local banks must maintain a 4% Cash Reserve Requirement (CRR), which is non-interest bearing and a 16% Secondary Liquidity Requirement (SLR). With the liberalization of markets, competition among the banking products and financial services seems to be growing more intense each day. In addition, the banking products offered in Bangladesh are fairly homogeneous in nature due to the tight regulations imposed by the central bank. Competing through differentiation is increasingly difficult and other banks quickly duplicate any innovative banking service. Bangladesh Bank Bangladesh Bank (BB) has been working as the central bank since the country's independence. Its prime jobs include issuing of currency, maintaining foreign exchange reserve and providing transaction facilities of all public monetary matters. BB is also responsible for planning the government's monetary policy and implementing it thereby. The BB has a governing body comprising of nine members with the Governor as its chief. Apart from the head office in Dhaka, it has nine more branches, of which two in Dhaka and one each in Chittagong, Rajshahi, Khulna, Bogra, Sylhet, Rangpur and Barisal. Nationalized Commercial Banks (NCBs) |1. Sunali Bank | |2. Rupali bank | |3. Janata Bank | |4. Agrani Bank | Private Commercial Banks (PCBs) |1. Pubali Bank | |2. Uttara Bank | |3. National Bank | |4. The City Bank Ltd. | |5. United  Commercial  Bank Ltd. | |6. Arab  Bangladesh Bank Ltd. | |7. IFIC Bank  Ltd. | |8. Eastern Bank Ltd. | |9. National Credit & Comerce Bank Ltd. | |10. Prime Bank Ltd. | |11. South East bank Ltd. | |12. Dhaka Bank Ltd | |13. Dutch-Bangla  Bank Ltd. | |14. Mercantile Bank Ltd. | |15. Standard  Bank Ltd. | |16. One Bank  Ltd. | |17. EXIM Bank | |18. Bangladesh  Commerce Bank Ltd. | |19. Mutual  Trust Bank  Ltd. | |20. First  Security Bank Ltd. | |21. The Premier  Bank Ltd. | |22. Bank Asia  Ltd. | |23. The Trust Bank Ltd. | |24. Brac Bank Ltd. | Islamic Banks |1. Islami Bank Bangladesh Limited (IBBL) | |Al Baraka Bank Bangladesh Limited (AL-Baraka) | |Al-Arafah Islamic Bank Ltd. (Al-Arafah) | |Social Investment Bank Limited (SIBL) | |Faysal Islamic Bank of Bahrain EC (FIBB) | |6. Shah Jalal Bank Limited (Based on Islamic Shariah) | Foreign / Multinational Banks |1. Habib Bank Ltd. | |2. State Bank Of India | |3. Credit  Agricole Indosuez (The Bank) | |4. National  Bank of Pakistan  Ã‚   | |5. Muslim  Commercial Bank Ltd. | |6. City Bank NA | |7. Hanvit Bank Ltd. | |8. HSBC Ltd. | |9. Shamil   Islami  Bank Of   Bahrain EC | |10. Standard Chartered   Bank | Development Banks |1. Bangladesh  Krishi Bank | |2. Rajshahi Krishi Unnayan  Bank | |3. Bangladesh  Shilpa Bank | |4. Bangladesh  Shilpa Rin  Sangstha   | |5. Bank of  Small Industries &  Commerce  Ã‚  Bangladesh Ltd. | Other Banks |1. Ansar VDP  Unnayan  Bank   | |2. Bangladesh  Samabai  Bank Ltd. BSBL)   | |3. Grameen  Bank   | |4. Karmasansthan  Bank   | Credit Rating Status of Researching Banks Operating in Bangladesh |SL. NO. |Name of Bank |Credit Rating Report |Rating as of |Name of the Agency |Remarks | | | |Long Term |Short Term | | | | |01. |Dhaka Bank Ltd |- |- |31. 12. 6 |CRAB |Expected to | | | | | | | |complete | | | | | | | |by May' 07 | |02. |NCC Bank Ltd |- |- |- |CRAB |Expected to | | | | | | | |complete | | | | | | | |by May ‘ 07 | |03. National Bank Ltd | A |ST-2 |31/12/06 |CRAB |- | |04. |Al-Arafah Islami |- |- |31. 12. 06 |CRISL |Expected to | | |Bank Ltd | | | | |complete | |05. |Eastern Bank Ltd |A |ST-3 |30/06/06 |CRISL |- | |06. |The City Bank Ltd |A- |ST-3 |31/12/06 |CRISL |- | |07. |Uttara Bank Ltd |- |- |31. 12. 6 |CRISL |Expected to | | | | | | | |complete | | | | | | | |by 30. 06. 07 | |08. |Prime Bank Ltd |AA |ST-2 |31/12/06 |CRISL | | |09. |South East Bank Ltd|A |ST-3 |22/06/06 |CRAB |CR report based on | | | | | | | |Dec'06, | Source: Bangladesh Bank (www. bangladesh-bank. org) Chapter-2 Dhaka Bank Limited Key Profitability Ratios in Banking | |   |2001 |2002 |2003 |2004 |2005 | |Return on Asset( ROA) |0. 015 |0. 012 |0. 013 |0. 013 |0. 014 | |Net interest Margin |0. 019 |0. 021 |0. 019 |0. 022 |0. 023 | |Net non-interest Margin |0. 024 |0. 030 |0. 022 |0. 020 |0. 019 | |Net Bank Operating Margin |0. 49 |0. 243 |0. 285 |0. 282 |0. 311 | [pic] Return on Equity: Return on equity capital is a measure of the rate of return flowing to the banks shareholder. It approximates the net benefit that the shareholders have received from investing their capital in the bank. During the period of 2001-2005 the average return on the equity was 0. 274 which means 27. 4%. But if we look at every individual year we can say that it has decreased year by year. The ratio was decreased because of the bank has increased the equity capital over the year and declared the bonus share as a dividend. Return on Assets: The Return on the asset is primarily indicator of managerial efficiency. It indicates how capably the management of the bank has been converting the institutions assets into net earning. From the above analysis we can see that during the period of 2001-2005 the average ratio was 1. 3%. Return on assets has increased over time. That means the bank was able to increase the efficiency in managing asset from 2001-2005. Net Interest Margin: The net interest margin measures how large a spread between interest revenues and interest costs. Management has been able to achieve of close control over the banks earning assets and the pursuits of the cheapest source of funding. The average net bank interest margin for Dhaka bank was 2. 1% during 2001-2005. By looking at the table we can say that it has increased period by period accept 2003, which indicates a good signal for the Bank. Net Non Interest Margin: The non-interest margin measures the amount of non interest revenue streaming from deposits charges and other service fees the bank has been able to collect relative to the amount of non interest cost incurred (including salaries and wages, repair and maintenance cost on bank facilities and loan loss expense). The net non interest margin was 2. 30% during the period of 2001-2005. It has decline over the periods accept 2001. The income from the non interest source, like Treasury bill, commission on brokerage, and commission from the letter of credit has been declined over the years. Earning Per Share: | |2001 |2002 |2003 |2004 |2005 | |Earning Per Share |41. 255 |42. 635 |39. 024 |46. 894 |53. 864 | [pic] Earning per share measures the earning against per share. During the period 2001-2005, the average earning per share was Tk 44. 73. Though it is not so attractive figure for Dhaka Bank, but positive fact is it has increased over times. Breaking Down OF ROE |2001 |2002 |2003 |2004 |2005 | |Banks degree of asset utilization |0. 043 |0. 050 |0. 045 |0. 045 |0. 045 | |The banks equity multiplier |29. 02 |21. 33 |17. 20 |18. 94 |14. 92 | Net Profit Margin: Net profit margin has fluctuated over time. But if we look at the average which was 29. 39% with the past five years, we can say that last five years net profit margin was better. Banks Degree of Assets Utilization: Banks Degree of Assets Utilization was 4 . 5% during 2001-2005 which was not bad as compare to other banks. Equity Multiplier: [pic] During the period of 2001-2005 the average equity multiplier was 20. 283. By the equity multiplier ratio we can say that it is highest in 2001 which was 09. 02%. that means the risk of the failure was also highest for that period. As the risk was higher, we can say that the banks profit margin also was higher for that period. Liquidity Risk |   |2001 |2002 |2003 |2004 |2005 | |Cash and Due from Banks/Total Assets |0. 152 |0. 122 |0. 093 |0. 071 |0. 079 | |Cash and Government Securities/Total Assets |0. 062 |0. 076 |0. 98 |0. 137 |0. 155 | [pic] Purchased Funds/Total Assets: If the use of purchased is more that increases the chance of liquidity crunch in the event of withdrawals rises or the loan quality declines. During 2001-2005, as the average ratio was 1. 44%, we can say that the liquidity risk for the bank is lower for the Bank. Cash and Government Securities/Total Assets: Cash and Government securities was 10. 54% of the total assets on an average which was not so much good fo r the Bank because cash and government securities are the most liquid assets for a bank. So bank may face liquidity problem in the future. Credit Risk    |2001 |2002 |2003 |2004 |2005 | |Total Loans/Total Deposits |0. 56 |0. 67 |0. 70 |0. 74 |0. 82 | [pic] Provision for Loan Losses/Total Loans: Provision for Loan Losses/Total Loans indicates the amount which should be kept as provision for loan losses from the total loan. During the period (2001-2005) the average amount of provision for the loan loses was 0. 6%. This indicates a very good signal for the bank. That means Bank’s credit risk is very low because the bank has been able to collect the loan very efficiently. Total Loans/Total Deposits Total Loans/Total Deposits indicates the total loan amount that goes from the total deposit. During (2001-2005), on an average 68. 86% of the total deposit distribute as loan. This indicates they have distributed a big portion of their deposited amount as loan. That is some what risky but as their provision for loan losses was very low they will have no problems with this. Capital Risk |   |2001 |2002 |2003 |2004 |2005 | |Purchased Funds/Total Liabilities |0. 016 |0. 011 |0. 012 |0. 012 |0. 025 | [pic] Equity Capital/Total Assets: Equity Capital/Total Assets indicates that the amount of equity capital invested in the total assets. During the period of 2001-2005 their equity capital was on an average 5. 20% of their total assets, which indicates they have financed very few of their investment by equity and it is gradually increased over the period. Purchased Funds/Total Liabilities: Purchased Funds/Total Liabilities indicates that the amount of non deposit liability in the total liability structure. If the purchased fund increases that means the capital risk are also increases. During the period of 2001-2005 1. 52% of the liability was financed by the purchased fund that means non deposit sources which is not the core area of the business. That means the capital risk for the bank is low for the Bank. Chapter-3 NCC Bank Limited Key Profitability Ratios In Banking | |   |2001 |2002 |2003 |2004 |2005 | |Return on Asset( ROA) |0. 014 |0. 011 |0. 044 |0. 013 |0. 013 | |Net interest Margin |0. 024 |0. 024 |0. 232 |0. 020 |0. 023 | |Net non-interest Margin |0. 028 |0. 027 |0. 195 |0. 032 |0. 346 | |Net Bank Operati ng Margin |0. 280 |0. 230 |0. 080 |0. 255 |0. 240 | [pic] Return on Equity: Return on equity capital is a measure of the rate of return flowing to the banks shareholder. It approximates the net benefit that the shareholders have received from investing their capital in the bank. During the period of 2001-2005 the average return on the equity was to 19. 6%. If we compare it to the Dhaka Bank we can say that it is not good. The ratio was low because the bank has increased the equity capital over the year and declared the bonus share as a dividend. Return on Assets: The Return on the asset is primarily indicator of managerial efficiency. It indicates how proficiently the management of the bank has been converting the institutions assets into net earning. From the above analysis we can see that for the period of 2001-2005 the average ratio was 1. 9%. which was some what better than Dhaka Bank. That means the bank was able to increase the efficiency in managing asset from 2001-2005. Net Interest Margin: The net interest margin measures how large a spread between interest revenues and interest costs. Management has been able to achieve of close control over the banks earning assets and the pursuits of the cheapest source of funding. The net bank interest margin for Dhaka bank was 2. 1% during the year of 2001-2005. But the net margin of NCC Bank was 6. 46%. that means the banks was able to increase the cheapest source of funding from 2001-2005. Net Non Interest Margin: The non-interest margin measures the amount of non interest revenue streaming from deposits charges and other service fees the bank has been able to collect relative to the amount of non interest cost incurred (including salaries and wages, repair and maintenance cost on bank facilities and loan loss expense). The average net non interest margin was 12. 5% during the period of 2001-2005. That means the bank was able to collect more income from the non interest source and it has increases over time. They have been able to generate more income from the non interest source like Treasury bill, commission on brokerage, and commission from the letter of credit. Earning Per Share: |2001 |2002 |2003 |2004 |2005 | |Earnings Per Share |54. 14 |44. 47 |30. 99 |46. 91 |36. 11 | [pic] Earning per share measures the earning against per share. During the period of 2001-2005, the average earning per share was Tk 42. 524. Their earning per share has reduced over time and if we compare with other bank we can say that it is not sufficient. Breaking Down of ROE |   |2001 |2002 |2003 |2004 |2005 | |Banks degree of asset utilization |0. 052 |0. 50 |0. 544 |0. 052 |0. 056 | |The banks equity multiplier |16. 91 |20. 33 |1. 92 |17. 46 |14. 04 | Net Profit Margin: During 2001-2005 the average the net bank operating margin was 21. 7%. If we look at the individual data it is not good because it has fluctuated over time. Banks Degree of Assets Utilization: They have earned 15. 08% operating revenue in 2001-2005 by using their total assets. Over the period it was consistent accept 2003. Equity Multiplier: [pic] During the period of 2001-2005, the average equity multiplier was 14. 32. By the equity multiplier ratio we can say that it is substantially higher, that means the risk of the failure is also high for the period. As the risk is higher so the banks profit margin is also higher. Liquidity risk |   |2001 |2002 |2003 |2004 |2005 | |Cash and Due from Banks/Total Assets |0. 158 |0. 067 |0. 499 |0. 042 |0. 052 | |Cash and Government Securities/Total Assets |0. 100 |0. 148 |0. 166 |0. 208 |0. 110 | [pic] Purchased Funds/Total Assets: If the use of purchased funds are more that increases the chance of liquidity crunch in the event of withdrawals rises or the loan quality declines. During the period of 2001-2005, as the average ratio was 1. 44%, we can say that the liquidity risk for the bank was low. Cash and Government Securities/Total Assets: Average Cash and Government Securities/Total Assets in 2001-2005 was 44. 48%. The total assets have come from the cash and government securities. Credit Risk |   |2001 |2002 |2003 |2004 |2005 | |Provision for Loan Losses/Total Loans |0. 02 |0. 02 |0. 2 |0. 02 |0. 02 | |Total Loans/Total Deposits |0. 84 |0. 82 |0. 81 |0. 89 |0. 96 | [pic] Provision for Loan Losses/Total Loans: Provision for Loan Losses/Total Loans indicates the amount which should be kept as provision for loan losses from the total loan. During the period of 2001-2005 the average amount of provision for the loan loss was 1. 9% of the total loans. As the provision for the loan loss was very low, we can say that the credit risk for the bank was lower for the Bank and the bank has been able to collect the loan more efficiently. Total Loans/Total Deposits: Total Loans/Total Deposits indicates the total loan amount that goes from the total deposit. If we look at the graph we will see that the Total loan/Total Deposits gradually has increased over time. That means the Bank has increased the loan as well as credit risk. But historical data say that their loan collection is pretty impressive. On an average they have distributed 86. 19% of their deposits as loan. Capital Risk | |2001 |2002 |2003 |2004 |2005 | |Purchased Funds/Total Liabilities |0. 037 |0. 048 |0. 057 |0. 048 |0. 818 | [pic] Equity Capital/Total Assets: Equity Capital/Total Assets indicates that the amount of equity capital invested in the total assets. During the period of 2001-2005, on an average 15. 17% total asset was financed by the equity. If we think about the risk of the Bank, it is high. Because a huge amount of money they have financed by debt equity. Purchased Funds/Total Liabilities: Purchased Funds/Total Liabilities indicates that the amount of non deposit liability in the total liability structure. If the purchased fund increases that means the capital risk are also increases. During the period of 2001-2005, 20. 16% of the liability was financed by the purchased fund that means non deposit sources which is not the core area of the business. Chapter-4 National Bank |Key Profitability Ratios In Banking | |   |2001 |2002 |2003 |2004 |2005 | |Return on Asset( ROA) |0. 006 |0. 003 |0. 002 |0. 004 |0. 005 | |Net interest Margin |0. 012 |0. 011 |0. 011 |0. 012 |0. 011 | |Net non-interest Margin |0. 025 |0. 026 |0. 27 |0. 029 |0. 031 | |Net Bank Operating Margin |0. 224 |0. 083 |0. 048 |0. 087 |0. 118 | [pic] Return on Equity: Return on equity capital is a measure of the rate of return flowing to the banks shareholder. It approximates the net benefit that the shareholders have received from investing their capital in the bank. During the period of 2001-2005 the average return on the equity was 10. 1%. The ratio was not attractive because of the bank has increased the equity capital over the year and declared the bonus share as a dividend. The Return on Assets: The Return on the asset is primarily indicator of managerial efficiency. It indicates how capably the management of the bank has been converting the institutions assets into net earning. From the above analysis we can say that during the period of 2001-2005 the average ratio 0. 4%. It is not so attractive. The bank was not able to increase the efficiency in managing asset from 2001 to 2005. The net interest Margin: The net interest margin measures how large a spread between interest revenues and interest costs. Management has been able to achieve of close control over the banks earning assets and the pursuits of the cheapest source of funding. The net bank interest margin for Dhaka bank was 12% during 2001-2005. But the average net interest margin for National bank was 1. 14%. That means the banks was able to increase the cheapest source of funding from 2001 to 2005 but that is not substantial for the bank. The Non-interest Margin: The non-interest margin measures the amount of non interest revenue streaming from deposits charges and other service fees the bank has been able to collect relative to the amount of non interest cost incurred (including salaries and wages, repair and maintenance cost on bank facilities and loan loss expense). The average net non interest margin was 2. 8% for 2001-2005. Though it has increased over period, they were not able to generate more income from the non interest source like Treasury bill, commission on brokerage, and commission from the letter of credit. The performance of the bank is stable over the years. Earning Per Share: | |2001 |2002 |2003 |2004 |2005 | |Earnings Per Share |63. 78 |33. 98 |33. 09 |27. 44 |43. 85 | [pic] Earning per share measures the earning against per share. During the period of 2001-2005, the average earning per share was Tk 40. 420. Their earning per share has reduced over time and if we compare with other bank we can say that it is not sufficient. In the cases of National Bank if we look after the key profitability ratio then we can say that return on equity capital(ROE), and non interest margin, Return on asset (ROA) Net Bank Operating Margin, and Earning per share, ratio has been decreased for the period of 2001-2005. But, only the net bank operating margin has been increased. Return on equity capital (ROE) has been decreases because the bank has increased the equity capital for the years and given the bonus share as a dividend so the amount of equity increases during the period of 2001-2005. The earning per share also has been decreased for the period of 2001-2005. Breaking Down of ROE    |2001 |2002 |2003 |2004 |2005 | |Banks degree of asset utilization |0. 025 |0. 038 |0. 038 |0. 041 |0. 042 | |The banks equity multiplier |30. 99 |28. 07 |28. 18 |25. 79 |20. 13 | The net bank operating Margin: During the period of 2001-2005 the average the net bank operating margin was 11. 18% of the total assets. It was not stable over the period which is not a good sign for the bank. Bank Degree of Assets Utilization: Bank’s degree of the asset utilization has been increased during the period of 2001-2005. So return of asset has been also decreased for the same period. Net profit margin has been decreased substantially because the ratio of the equity multiplier was higher. Equity Multiplier: During the period of 2001-2005 the average equity multiplier was 26. 63. By the equity multiplier ratio we can say that it has substantially reduced over time, which means the risk of the failure has gradually increased over time. [pic] Liquidity Risk |   |2001 |2002 |2003 |2004 |2005 | |Cash and Due from Banks/Total Assets |0. 043 |0. 053 |0. 054 |0. 054 |0. 55 | |Cash and Government Securities/Total Assets |0. 060 |0. 088 |0. 087 |0. 068 |0. 038 | [pic] Purchased Funds/Total Assets: Purchased Funds/Total Assets if the use of purchased more that increases the chance of liquidity crunch in the event of withdrawals rises or the loan quality declines. During the period of 2001-2005 the average ratio for the bank was 3. 12%. We can say that the liquidity risk for the bank was not very high also stab le by the year Cash and Government Securities/Total Assets: Cash and Government Securities/Total Assets in 2001-2005 was 6. 82% of the total assets which has come from the cash and government security. Banks/Total Assets and Cash and Government Securities/Total Assets are also remains almost same for over the period so the liquidity risk for the bank has been remains low and same for the period. Credit Risk: |   |2001 |2002 |2003 |2004 |2005 | |Total Loans/Total Deposits |0. 84 |0. 82 |0. 81 |0. 89 |0. 96 | [pic] Provision for Loan Losses/Total Loans: Provision for Loan Losses/Total Loans indicates the amount which should be kept as provision for loan losses from the total loan. During the period of 2001-2005 the average amount of provision for the loan loss was 2. 09%. That means only 2. 09% of the funds were in risk to be uncollected. As the provision for the loan losses was low, we can say that the credit risk for the bank was not very high for the recent period. Total Loans/Total Deposits: Total Loans/Total Deposits indicates the total loan amount that goes from the total deposit. During 2001-2005 on an average 81. 11% of the total deposit they have distributed as loan. This is a very big portion and indicating a great change of credit risk for the bank. Capital Risk: |   |2001 |2002 |2003 |2004 |2005 | |Purchased Funds/Total Liabilities |0. 617 |0. 042 |0. 033 |0. 037 |0. 591 | [pic] Equity Capital/Total Assets: Equity Capital/Total Assets indicates that the amount of equity capital invested in the total assets. During the period of 2001-2005 on an average 3. 83% of the total asset was financed by the equity. That is indicating a very bad signal for the bank. Because they mostly they have financed their investment by debt capital which was very risky. Purchased Funds/Total Liabilities: Purchased Funds/Total Liabilities indicates that the amount of non deposit liability in the total liability structure. If the purchased fund increases that means the capital risk are also increases. During the period of 2001-2005 the ratio was drastically high for 2001 and 2005 and average ratio was 26. 39%. That means the capital risk for the bank was high for the bank. Chapter-5 Al Arafah Islami Bank Limited |Key Profitability Ratios In Banking | |   |2001 |2002 |2003 |2004 |2005 | |Return on Asset( ROA) |0. 002 |0. 006 |0. 012 |0. 012 |0. 017 | |Net interest Margin |0. 015 |0. 026 |0. 030 |0. 030 |0. 38 | |Net non-interest Margin |0. 017 |0. 015 |0. 018 |0. 018 |0. 022 | |Net Bank Operating Margin |0. 067 |0. 141 |0. 242 |0. 252 |0. 292 | [pic] Return on Equity: Return on equity capital is a measure of the rate of return flowing to the banks shareholder. It approximates the net benefit that the shareholders have received from investing their capital in the bank. During the period of 2001-2005 the average return on the equity was 14. 5% which was not attractive, but the good signal is that it has increased over time. Return on Assets: The Return on the asset is primarily indicator of managerial efficiency. It indicates how capably the management of the bank has been converting the institutions assets into net earning. From the above analysis we can say that during the period of 2001-2005 the return on asset was only 1. 00%. That means the bank was able to increase the efficiency in managing asset from 2001 to 2005. Net Interest margin: The net interest margin measures how large a spread between interest revenues and interest costs. Management has been able to achieve of close control over the banks earning assets and the pursuits of the cheapest source of funding. The average net bank interest margin for the bank was 2. 78% during the period of 2001-2005 which is also not so attractive. Non-interest Margin: The non-interest margin measures the amount of non interest revenue streaming from deposits charges and other service fees the bank has been able to collect relative to the amount of non interest cost incurred (including salaries and wages, repair and maintenance cost on bank facilities and loan loss expense). The net non interest margin was 1. 8% in 2001-2005. They wasn’t been able to generate more income from the non interest source like Treasury bill, commission on brokerage, and commission from the letter of credit. Earning Per Share: |2001 |2002 |2003 |2004 |2005 | |Earnings Per Share |101. 43 |312. 420 |251. 1 |263. 67 |387. 8 | [pic] Earning per share measures the earning against per share. During the period of 2001-2005, the earning per share was Tk 263. 18. If we compare with other bank we will see that their earning per sha re was very good. Breaking Down of ROE: |   |2001 |2002 |2003 |2004 |2005 | |Banks degree of asset utilization |0. 32 |0. 041 |0. 048 |0. 048 |0. 059 | |The banks equity multiplier |24. 968 |21. 447 |14. 754 |13. 449 |12. 564 | [pic] The Net Bank Operating Margin: During the period of 2001-2005 the average the net bank operating margin was 19. 87%. If we compare with other banks it was good. Another important thing is that it has increased over time. Degree of Operating Margin: On an average they have earned 4. 55% operating revenue during the period of 2001-2005 by using total asset. It was not so good. This indicates that they ware unable to utilize their assets. Equity Multiplier: During the period of 2001-2005 the equity multiplier was 17. 467. By analyzing the equity multiplier ratio we can say that it is substantially higher, that means the risk of the failure is also high for the period of 2001-2005. As the risk is higher so the banks profit margin is also higher. Liquidity Risk: |   |2001 |2002 |2003 |2004 |2005 | |Cash and Due from Banks/Total Assets |0. 080 |0. 090 |0. 089 |0. 093 |0. 201 | [pic] Purchased Funds/Total Assets: Purchased Funds/Total Assets if the use of purchased more that increases the chance of liquidity crunch in the event of withdrawals rises or the loan quality declines. During the period of 2001-2005 the average ratio was 7. 4%. Because of lower percentage we can say that the liquidity risk for the bank is also lower for the bank. Cash and Due from Banks/Total Assets: During the period of 2001-2005 on an average the bank had only 7. 42% cash and due from bank against their total assets. This indicates a very bad signal for the bank. Liquidity risk for the bank was very high for that period. Credit Risk: |   |2001 |2002 |2003 |2004 |2005 | |Provision for Loan Losses/Total Loans |0. 16 |0. 033 |0. 024 |0. 048 |0. 011 | [pic] Total Loans/Total Deposits: Total Loans/Total Deposits indicates the total loan amount that goes from the total deposit. During the period of 2001-2005, 84. 13% of the total deposit distribute as loan. They have distributed a big portion of their deposits as loan it could increase credit risk for the bank. Provision for Loan Losses/Total Loans: Provision for Loan Losses/Total Loans indicates the amount which should be kept as provision for loan losses from the total loan. During the period of 2001-2005 the average amount of provision for the loan loss was 2. 4%. As the provision for the loan losses was lower so we can say that the credit risk for the bank was also lower for the bank in that period, and the bank has been able to collect the loan more efficiently. Capital Risk |   |2001 |2002 |2003 |2004 |2005 | |Purchased Funds/Total Liabilities |0. 050 |0. 056 |0. 059 |0. 117 |0. 114 | [pic] Equity Capital/Total Assets: Equity Capital/Total Assets indicates that the amount of equity capital invested in the total assets. During the period of 2001-2005, on an average 6. 17% of the total asset was financed by the equity and it is gradually increased over the year and for the period. Purchased Funds/Total Liabilities: Purchased Funds/Total Liabilities indicates that the amount of non deposit liability in the total liability structure. If the purchased fund increases that means the capital risk are also increases. During the period of 2001-2005 they were able to maintain the ratio within 8. 00%. That means the capital risk for the bank was lower for the period. Though the bank is able to reduce the non-deposit source of funding but still they are exposed to a higher capital risk. Chapter-6 Eastern Bank Limited Key Profitability Ratios In Banking | | |2001 |2002 |2003 |2004 |2005 | |Return on Asset( ROA) |0. 02 |0. 02 |0. 02 |0. 02 |0. 02 | |Net interest Margin |0. 03 |0. 03 |0. 02 |0. 03 |0. 03 | |Net non-interest Margin |0. 02 |0. 02 |0. 03 |0. 03 |0. 03 | |Net Bank Operating Margin |0. 16 |0. 19 |0. 1 8 |0. 22 |0. 18 | [pic] Return on Equity: Return on equity capital is a measure of the rate of return flowing to the banks shareholder. It approximates the net benefit that the shareholders have received from investing their capital in the bank. During the period of 2001-2005 the average return on the equity was 17. 2%. The ratio was stable over the period. The bank has able to maintain the stability of income. Return on Assets: The Return on the asset is primarily indicator of managerial efficiency. It indicates how capably the management of the bank has been converting the institutions assets into net earning. During the period of 2001-2005 the average ratio was 2. 00%. It was not so attractive but good thing