Article sypnosis Essay Example | Topics and Well Written Essays - 250 words

Article sypnosis - Essay Example From the thing, it is clear that the organization gives quality improvement. This is on the grounds that the Baldor Electric Company considers item quality a similar route as it thinks about amount of item. The new quality arrangement by the organization incorporate the improvement of estimation and measure precision, lessen of the process durations of creation, cost bringing down of scrap and creation of fast and exact assessments (Manufacturing Business Technology). The article further expresses that the methods utilized by Baldor Electric Company to give quality improvement is the utilization of InfinityQS Real-Time SPC Software in information investigation and creation of choices. For example, the organization executed this technique in the internal ring and external ring granulating, inward ring machining, face crushing cells and the ring roller. This are finished with plans to broaden the reason to warm rewarding enlistment, heat rewarding that is convectional and lodging machine including cast iron. Besides, the Baldor Electric Company has shaped an endeavor wide for the expectation of managing the errand of information investigation. Another quality improvement made by the organization is the assessed measuring with the consideration of creation of updates all through the creation offices on the shop floor (Manufacturing Business Technology). Taking everything into account, obviously the article attempts to give full data about the Baldor Electric Company. For example, it shows the offices it produces. The article additionally shows the methods utilized in the arrangement of a quality improvement and furthermore instances of the quality upgrades. Utilizing Statistical Process Control To Improve Quality | Articles | Manufacturing Business Technology. Manufacturing Business Technology |. N.p., n.d. Web. 17 Apr. 2012.

Assessment of Office Worker Essay Example | Topics and Well Written Essays - 3500 words

Appraisal of Office Worker - Essay Example As a feature of his fundamental duty at work, David invests the vast majority of his energy noting client inquiries through calls. Despite the fact that David has his own workstation, his working region is likewise utilized by other staff individuals at whatever point he is absent in the workplace. Since Tom has been missing from work, David must choose the option to acknowledge the extra outstanding burden. For a while, David has continually been grumbling about body hurts that typically start with the neck partition going over the shoulders and arms. Notwithstanding the exertion of a medical caretaker from the word related wellbeing group, David’s generally speaking working wellbeing condition has not improved. Interminable agony related with the upper appendages could essentially influence a person’s work exhibitions, state of mind, dozing propensities and social relationship with others. (Carr and Mann, 2000) For this explanation, it is important to control and deal with the principle wellsprings of upper appendage torments so as to expand the employees’ consideration and execution at work. (Asmundson, Norton, and Vlaeyen, 2004) will assess David’s current working condition inside the call place condition. In light of research confirmations and other applicable administrative necessities, the control chance factors that may add to musculoskeletal issues will be recognized and fundamentally investigated. Inevitably, the specialist will survey his workstation corresponding to the standard office seat without arm rests; the standard wrist rest plan for console and mouse; a phone headset with a solitary ear telephone and a receiver; the new level screen that he utilizes in the workplace; an average rectangular work area that estimates 1600mm wide by 800mm profound. Before the end, the specialist will suggest new systems that could diminish the power level of David’s upper appendage inconvenience. Office laborers are a lot of presented to workplace risks identified with commotion, changes in the room temperature, and other ergonomic-related issues that

Helping Business and Organizations

Helping Business and OrganizationsPaper writing services are available from reputable paper companies that offer professional paper writing service. These companies specialize in delivering quality paper and printer paper to the business community.Business paper writing service can be used for a variety of purposes. From making presentations to paper letter, a business needs to bring out the best in the presentation to maintain their credibility and reputation.An advanced business paper writing service provider can design different types of business presentation materials and even make custom made copies. In some cases, the Paper Company provides free consultation to the client and assists in selecting the paper, ink, font size, font type, and design. It also suggests more creative options that can help the business get the desired effect from the presentation.A Paper Writing Service includes a team of talented professionals, who can create designs, logos, brochures, flyers, and enve lopes with excellent results. They can even create customized gifts. Paper Writing Service providers can produce any type of product, which includes invitations, cards, thank you notes, catalogs, posters, business cards, etc. Paper Writing Service also creates newsletters and other types of sales letters.Their ability to work well with clients is as a result of experience they have in handling paper work and working within deadlines. They not only provide effective writing but also assist in creating high quality packaging and promotional materials.A variety of business paper writing service products are provided by these professional paper company. Some examples are, Ream, High Quality, Premium Finishing, Monogram, Functional Text, Traditional Layout, 3-fold, or Bound Package, Blank Label. They can also design logo designs for customers.This business paper writing service providers deliver high quality and unique works of art to business organizations. They can use templates and de signs from them to meet their requirements.They help in enhancing business reputation by providing attractive material which enhances the value of the business. Since they are experts in business papers, the business is saved from the worries of getting poor quality results.

Common Misunderstanding about Buddhism - 741 Words

A common misunderstanding of about Buddhism exist today, especially in the concept of reincarnation. Since the origin of Buddhism derived from India where most people practice Hinduism during that time, the common misunderstanding is that many people believes that when one passed on and reincarnate, the individual possess the same souls as the one before. This is wrong because the Buddhism does not believed in a permanent self in one’s body. The doctrine of Buddhism is to attain enlightenment and be released from the cycle of rebirth and death, thus attaining Nirvana. Whereas, the doctrine of Hinduism was to escape the cycle of reincarnation, and attain salvation. In Buddhism, rebirth occurs as a result of â€Å"ignorance† in the unconscious life stream at the time of death. This term means a mind containing illusion and defilement such as frustration, greed and selfishness are among them. The unconscious life stream is considered to be endless stream of energy stretching back into the past and future. It is sometimes known as the Mind. Karma, being a powerful energy act upon the unconscious life stream and a rebirth occurs. This new Rebirth does not occur with the any similar characteristic as the previous person had, because these characteristics were completely erased during death. The only thing during the rebirth of the person is the Mind. The mind is also an insubstantial energy, in other words it neither physical nor is it spiritual properties but supernatural energyShow MoreRelatedComparing The Religions Of Hinduism And Buddhism Essay1459 Words   |  6 PagesExam II #2. Compare and contrast the religions of Hinduism and Buddhism. What were the essential differences between the two? What hope did they give to the common people of India ? Both Hinduism and Buddhism are prominent religions in the ancient and modern world. They are arguably two of the most popular polytheistic faiths as well. Most people make the mistake of grouping them as one uniform religion, but this is inaccurate. Buddhism and Hinduism do split some resemblance, but several aspectsRead More Gay, Lesbian and Bisexual Issues - The Struggle of Sexual Minorities710 Words   |  3 Pageswords lay bare an essential, wonderful truth about humanity, ignorance of which continues to create suffering for people everywhere. One group of people for whom the question of respect for diversity and individual freedoms comes into stark relief are those belonging to so-called sexual minorities. The struggle for acceptance by sexual minorities is almost universally undertaken in the face of strong and often even violent prejudice and misunderstanding. This year, from March 8--11, SGI-USARead MoreBeing a Buddhist1337 Words   |  6 PagesRui Gong RELB 2100 Buddhism Being a Buddhist â€Å"The secret of Buddhism is to remove all ideas, all concepts, in order for the truth to have a chance to penetrate, to reveal itself.† ― Thà ­ch Nhá º ¥t Há º ¡nh (1926- ) Born and raised in China, it seems very common for me to become a Buddhist. Growing up seeing all the majestic Buddhism temples, august figure of Buddha and merciful Bodhisattvas, it seems that Buddhism is an integral part of me. In my mind, Buddhism is like a pure lotus growing out of theRead MoreBuddhism, The Noble Eightfold Path And The Four Noble Truths1650 Words   |  7 PagesBuddhism was an incredibly intriguing religion to me due to the emphasis placed on the reality that surrounds us, it’s a rational religion based on peace, self-understanding and the ultimate goal of nirvana. Buddhist followers live their life with three main goals; morality, meditation and enlightenment. Ultimately the core teachings of Buddhism are The Noble Eightfold Path and The Four Noble Truths. It is their lives journey to understand, live kindly and find their inner-peace. In a world so fullRead MoreBuddhist Doctrine of Karma1643 Words   |  7 Pagesof karma and rebirth are quite distinct from their other Indian counterparts. In Buddhism the law of karma is the moral law of causation - good actions give good results and vice versa. It is the quality of an act, which determines its consequences. But what determines the karmic quality of a deed? In Hinduism it is the correct performance of a persons duty, especially his caste duties that counts. Early Buddhism, which recognized no caste distinctions, evaluates the karmic quality of an act inRead MoreAll A False Hood, And Farther From Reality1496 Words   |  6 Pagesfrom other species as well as nonliving things. These characteristics regard to the human condition, the meaning of humanity. Despite the variability in such response from person to person, there are characteristics of the human condition that are common to humans as a whole. In great exposure to humanity and its condition, one must not look very far to see that lives so perfectly portrayed on movies and on television, in books and in magazines, are all a false hood, and farther from reality. T heRead MorePhilosophers of Eastern Religions Essay1426 Words   |  6 Pagespeople stand out as important intellectuals. Sankara, Ramanuja, and Madhva were great intellectuals that interpreted the Upanishads, the philosophy of Hinduism, and taught their own interpretations. Buddhism started with Siddhartha Gautama, the Buddha, and later, Nagarjuna, a follower of Buddhism, offered his philosophy. (Oxtoby) Together, their teachings have been trying to answer the main philosophical questions as a basis for human faith. In Hinduism, Sankara taught a form of thought calledRead MoreReligion And Its Influence On Religion977 Words   |  4 PagesThere is a popular saying about religions that I hear since my childhood and it s said everywhere; that religions are all the same, and that they all call to the same ethical matters, ultimately lead to the same result as achieved the same end. This popular saying among revealed religions which used to relieve tension and historical conflict between their followers, they also quote my favorite physical and intellectual currents atheistic view that all religions are just a way to control peopleRead More Buddhism in Vietnam Essay1809 Words   |  8 PagesBuddhism in Vietnam The Vietnamese people have said to have first appeared in the Christian era, because the religion that was first adapted was Christianity. This would explain why the Vietnamese people are such religious people. But it does not really explain there major religion change to Buddhism, because Buddhism is really not a religion that is native to Vietnam. Buddhism my be one of the most known religions in the world by name, but not by what is actually involved in it. ChristineRead More Buddhist Doctrine Of Karma Essay example1614 Words   |  7 Pageskarma and rebirth are quite distinct from their other Indian counterparts. In Buddhism the law of karma is the moral law of causation - good actions give good results and vice versa. It is the quality of an act, which determines its consequences. But what determines the karmic quality of a deed? In Hinduism it is the correct performance of a persons quot;dutyquot;, especially his caste duties that counts. Early Buddhism, which recognized no caste distinctions, evaluates the karmic quality of an

To Kill a Mockingbird Essay examples - 1275 Words

Children look up to their elders for wisdom and advice. They rely on someone experienced and with authority for guidance on how to live their lives. However, sometimes the people who are accountable for youth mislead them; they may have good intentions, but are not mature enough to exemplify their values and morals, or they simply are ignorant. In the novel To Kill a Mockingbird, Aunt Alexandra plays a negative role: she is a proper, southern lady with a strict code of behaviour and etiquette, but is too closed-minded and obstreperous to change her ways or view the world from others’ perspectives. Calpurnia takes on the position of a positive role model by disciplining the children in the Finch household. Miss Maudie takes on the role of a†¦show more content†¦(Lee, 83) Aunt Alexandra is inimical towards people such as Walter Cunningham as well, who are less fortunate and therefore perceived as repugnant and unfit to be her niece’s playmate. â€Å"‘†¦you can scrub Walter Cunningham till he shines, you can put him in shoes and a suit, but he’ll never be like Jem†¦Because–he–is–trash.† (Lee, 224–225). These words indicate not only a vituperative nature, but arrogance and obstinacy. She believes white people are better than black people. She refuses to consider anything positive about people she finds reprehensible; she is steadfast on her opinions about people and would rather not get to know them. She is also quite domineering and officious; she often meddles with Atticus’ fatherly role: â€Å"‘†¦it’s bad enough he lets you all run wild†¦Ã¢â‚¬â„¢Ã¢â‚¬  (Lee, 83), â€Å"Aunt Alexandra put him up to this†¦Ã¢â‚¬  (Lee, 134). This grandiloquence is a manifestation of hypocrisy in the novel because her behaviour towards others is atrocious, yet she expects the best manners from Scout. Calpurnia is a much more positive caregiver, as she is a strict disciplinarian, but to a lesser degree than Aunt Alexandra. Likewise she is not a hypocrite; she could comment on the ways of white people because she has been raised in a white environment. â€Å"‘I’ve spent all my days workin’ for the Finches or the Bufords†¦Ã¢â‚¬â„¢Ã¢â‚¬  (Lee, 125). An example of how Calpurnia disciplines Scout Finch is when she takes Scout into the kitchen after she complains that WalterShow MoreRelatedTo Kill a Mockingbird1286 Words   |  6 PagesTo Kill A Mockingbird Essay Reading broadens our minds and touches our hearts. It creates greater understanding and compassion in the reader through its characters and themes. Write an essay that addresses the ideas expressed in this statement with reference to your class novel. â€Å"You never really understand a person, until you climb into his skin and walk around in it.† With over 30 million copies sold worldwide and claiming title to the prestigious Pulitzer Prize, â€Å"To Kill a Mockingbird† isRead MoreTo Kill a Mockingbird977 Words   |  4 PagesLiterary Analysis for To Kill a Mockingbird â€Å"There’s something in our world that makes men lose their heads- they couldn’t be fair if they tried. In our courts, when it’s a white man’s word against a black man’s word, the white always wins. They’re ugly, but these are the facts of life.† ************ Along with the main theme of the story, racism, there are multiple other themes that are represented in the story. These include: the coexistence of good and evil, and importance of mortal educationRead MoreTo Kill a Mockingbird1091 Words   |  5 PagesTo Kill a Mockingbird Mockingbirds are birds that does one thing; Making music for us to enjoy and nothing else to harm us. In the remarkable novel To Kill a Mockingbird by Harper Lee, the mockingbird is used as symbolism for real people. Including the human mockingbirds, the novel represents other pieces of the prejudice such as racism and hypocrisy. In the little town of Maycomb in its 1930 ¡Ã‚ ¯s, the prejudice was an accepted concept for every individual and Atticus even called it a  ¡Ã‚ ®disease ¡Ã‚ ¯Read MoreTo Kill a Mockingbird949 Words   |  4 PagesChristina Puerto Ms. Weninger Period: 1 To Kill a Mockingbird: Chapter 5 -Where do Scout and Jem start finding gifts? Jem and Scout find gifts in the knothole of the tree. -What do they find? List all the items. They find sticks of gum, 2 Indian head pennies, a pocket watch, 2 soap carved dolls, twine, and a spelling bee medal. -Jem decided they could continue playing their game if they did what? Jem decided they could continue playing their game if they changed the name of the charactersRead MoreTo Kill a Mockingbird1617 Words   |  7 PagesTo Kill a Mocking Bird â€Å"Cry about the simple hell people give other people- without even thinking† My considered opinion of this novel in the light of this comment. If Harper Lee had limited her portrayal of prejudice and discrimination merely to the trial of Tom Robinson, a victim of the most virulent form of racial prejudice, â€Å"To Kill a Mockingbird† would probably be little more than a historical footnote. Wisely, though, Lee managesRead MoreTo Kill a Mockingbird618 Words   |  2 Pagesand Prejudice In the book To Kill a Mockingbird Atticus tells Jem and Scout to shoot at tins cans in the backyard. He goes on to say, â€Å" Shoot all the blue jays you want, if you can hit ‘em, but remember it’s a sin to kill a mocking bird.† â€Å"(Lee 103)†Miss Maudie explains it to the kids and says, â€Å" Mockingbirds don’t do one thing but make music for us to enjoy. They don’t do one thing but to sing their hearts out for us. That’s why it’s a sin to kill a mockingbird.† â€Å"(103)† In the story there areRead MoreTo Kill a Mockingbird903 Words   |  4 Pagesâ€Å"What lies behind you and what lies in front of you, pales in comparison to what lies inside of you† (Ralph Waldo Emerson). To Kill a Mockingbird by Harper Lee is a novel about people in the 30’s who show a number of different themes. Firstly, maturity is shown a lot near the end of the novel and during Tom Robinson’s trial. Secondly , racism is a huge part of this novel because a lot of people were judgemental and didn’t approve other races. Lastly, loyalty appears throughout the novel, especiallyRead MoreTo Kill a Mockingbird891 Words   |  4 Pagesbelongs to a very, very small minority. He is one of the very few human beings who does not hate Hitler. Of course, he does not like the universally hated historical figure, but merely dislikes him. This is a major theme of Harper Lee’s novel To Kill A Mockingbird. One can never, without exception, hate a man. Harper Lee promotes the idea that hatred is never acceptable by creating situations with literary devices like characters, settings, and plots that demand empathy. When Bob Ewell first takes theRead MoreTo Kill a Mockingbird668 Words   |  3 Pagestalk Heck Tate, the sheriff, out of calling the death an accident—Atticus’s standards are firm, and he does not want his son to have unfair protection from the law. 2. Analyze the trial scene and its relationship to the rest of the novel. To Kill a Mockingbird  explores the questions of innocence and harsh experience, good and evil, from several different angles. Tom Robinson’s trial explores these ideas by examining the evil of racial prejudice, its ability to poison an otherwise admirable SouthernRead MoreTo Kill a Mockingbird1764 Words   |  8 PagesHalle Vanderlinde Monday December 17th 2012 ENG3U1 – Literary/Historical Essay Assignment To Kill A Mockingbird Ms.Prasow Harper Lee’s To Kill a Mockingbird incorporates historically accurate material into an otherwise fictional story. Drawing upon current events, social conditions, and attitudes prevalent in the United States during the 1930s, the novel’s setting, characters

British Columbias Publicly-Funded Immunization Programme

British Columbia’s (BC) publicly-funded immunization programme is supported by an effective and efficient evidence-based process for recommending new vaccines and for making adjustments to the existing programme. Background Recent years have seen an increase in the number of new vaccines available on the Canadian market, and increasing divergence in provincial and territorial immunization programmes as jurisdictions must choose among available health interventions with limited funding, incomplete and slow National recommendations and varying decision-making systems. Current National Processes In Canada, the Bureau of Biologics and Genetic Therapeutics Directorate (BGTD), a branch of Health Canada’s (HC) Federal Drug Administration, approve vaccine licensure. Health Canada works to maximize the safety and effectiveness of vaccines available in the Canadian healthcare system. Before a vaccine is considered for approval, sufficient scientific evidence must be collected and demonstrated. If there is sufficient evidence to support safety, efficacy or quality claims, the vaccine is licensed indicating that it is approved for sale in Canada. Subsequent to licensure federally two committees examine the safety and efficacy data. These two committees are the National Advisory Committee on Immunization (NACI) and the Canadian Immunization Committee (CIC). NACI is comprised of recognized experts in the fields of pediatrics, infectious diseases, immunology, medical

Essay About Class Business

Question: Write essay on small business management. Answer: Small Business Management Small business management is a demanding task. It requires a number of skills to start up a small business and run that successfully. Several business skills like financial management, customer service, sales and marketing, negotiation and communication are essential for successful commencement and continuation of the business (Mazzarol, 2014). For initiating a small business for a product like T-Shirts, several steps are to be considered. The first step is product planning and placement. The target group of customer has to be determined and this will reflect the product range. Sourcing is the next step that considers the vendors for raw materials and the subsequent managing for dyeing, printing and packaging. Distribution channels are the points of sale of the manufactured T-Shirts and it includes retail store, online store, suppliers, etc (Scarborough, 2012). Marketing involves the complete strategic planning for identifying the potential customers and selling them with appropriate utilization of the resources. Budgeting is the cost that has been accounted for marketing, production, operations, cash flow, etc. The last step is teamwork wherein the meaning and purposeful role of the business is built upon. However, planning constitutes the major part of the business management and it should as realistic as it should be. The goals of a small business should be achievable and respectable and assumptions should be based on the expenses and sales projections (Chaston, 2014). Manufacturers and suppliers provide with the more realistic idea of the costs and timeline. These are the basic steps and requirements for starting up a small business for T-Shirts by proper implementation of plans. The performance of a business depends on the strategic thinking and for a clear marketing and business plan that enhances the money and time for taking the business to the next level. A business consultant helps to develop techniques and strategies for starting up a small business and creating business success (Baden-Fuller Haefliger, 2013). The business of philosophy T-Shirts has faced several challenges in its journey for setting up the business. Some of the critical areas of the challenges have been listed below. Lack of autonomy. IT integration issues. Taking too long to deliver T-Shirts. Taking into consideration these factors, philosophy t-shirt had a hard time for starting with the business. Lack of autonomy has been the prime area of concern for the company. Every business needs autonomy to grow and to implement its independent strategies. However, Philosophy-T was operating under the shade of Massey University. This certainly means that the business is governed by the financial and legal rules of Massey University. Because of the university rules, PayPal was not implemented in the business even if it is the most popular system of payment for online sites for retail sales. This was a big setback as most of the students and customers were accustomed to the popular payment methods. Hindrance in payments may lead to customer dissatisfaction (Liu, Chen Yao, 2012). Business teams that are ambitious aim higher. Higher levels of engagement are assumed with the commencement of every new business project. Autonomy leads to motivation for engagement. Business consultation always recommends promotion of autonomy for better success of the business. Therefore, for flourishing the business of Philosophy-T, the university should provide with more autonomy to the students wherein they can go beyond the rules of the university to expand their business, without any restrictions. Asking for permissions should not restrict the ideas from being implemented as a point of business development. The management style of the university should not affect the business progress and decision-making. This can culminate towards increasing dissatisfaction among the students, who are actively engaged in business activities (Moon et al., 2013). The problem of lack of autonomy can be solved by promoting autonomy to the students of the university who are engaged in the business. Autonomy will provide the students with the independence and discretion for scheduling their work and determining how it has to be done as per their convenience. This will eventually benefit in the end, as it will promote satisfaction to the students towards their activities and greater motivations for the performance of the job (Folger et al., 2013). Autonomy at all levels of the business will promote and benefit the company as a whole. Not only the individual group members but also the group will benefit from autonomy. This will make them do independent decision-making and strategic planning that is related to a specific function of work and they shall be free to assign specific tasks to the individual members of the business group (Hess, 2014). The students of Massey University are working towards a common goal of setting up and promoting the business as a part of their learning project. It is a part of an educational initiative. Philosophical quotes on the t-shirts are an inspirational idea that promotes sustainability and learning. Therefore, the objective of the business is much beyond of just selling t-shirts as there is an educational motive attached with the t-shirts (Winkel, 2013). Since this is a noble initiative taken up by the university, so the students should be facilitated with ample opportunities to show up their skills by providing autonomy. With this autonomy, they will be able to come out of the banner of the university and think independently and rationally for showing up their skills. The legal and financial rules of the university bounds them to act within certain limits and they cannot think or go beyond them. However, real life business cannot be tied to the limits and so they should be set free to dea l with their products as they find feasible. Upon critical analysis, it has also been found that autonomous work groups have several drawbacks and potential challenges. With complete autonomy, the students might take the undue advantage of working at a moderate pace and not keeping up with the requirements of the business. As a result, the business might face loss and as the university is the chief financial director of the project, it has to be careful and vigilant about the student activities. Autonomy may also give rise to internal battles as the students will try to gain the authoritative control and will fight to have the decision-making authorities for the university (Wright Stigliani, 2013). Change resistance has also been another phenomenal aspect for autonomy that has led to the resistance for the responsibilities of new assignment and changes to company policies (Yu, Yashima Shen, 2014). IT integration issues have been the other challenge faced by Philosophy-T during its set up venture. The IT person responsible for assisting the project resigned from the job and the technical issues related to payment system were left unresolved with his departure. Therefore, there was no way left for receiving cash, for generation of the budget sheets for analysis of the classes and no assistance was available to help with the backend of the website. All these problems collectively led to the deferring of the business as the project period had to be extended and sale of the t-shirts was rescheduled. The students got it impossible to sale the t-shirts whereas their lecturer had projected sales of the t-shirts. In the present world of technology advancement, it is very important the companies must be aware of the common problems of IT and they should take initiatives to avoid them. The business, therefore, should not stay in the darkness regarding the concerns associated with the utilization of technology (Dunning, 2013). Proper arrangements of IT experts should be made available prior to beginning the business set up. Since the students did not have proper arrangements of IT experts prior to the setup, they had to suffer and their business faced a setback. For every IT and technological jobs, the students had to depend on external vendors that contributed towards the business costs. Hosting the website of the company, choosing the designs of the t-shirts and linking the credit card payment system with the system of the university are some of the common IT activities that the students had to outsource from external resources. If they had arranged for a dedicated IT team of experts, they wou ld have played an important role in troubleshooting. Although few of the students might have been computer savvy and appear to have better knowledge than others regarding the usage of technology, technological professionals are certainly required for the growth and development of the business (Kim, Kim Kim, 2014). Small loopholes of IT integration can be easily escaped with the help of these professionals. Information technology serves as critical tool for operating most of the companies and they act as catapult for growing the business upon effective utilization. However, if the IT resources are weak for the company, the business tools become frustrating and the roadblocks become expensive for achieving the objectives of business (Drnevich Croson, 2013). Business management consultation can cause to think over these issues and help the business grow with the implementation of proper strategies. However, maintaining a team of professionals for a small business like Philosophy-T is quite expensive and the company may not be able to afford the costs. If they had outsourced the services accordingly and kept a backhand IT support for regular maintenance and troubleshooting, that could be effective, economical and beneficial for the business (Jeston Nelis, 2014). Taking too long to deliver T-Shirts was one of the challenges that Philosophy T faced at the commencement of the business. The customers have been complaining about the time between delivery and ordering. The delivery has taken 14 working days on an average. This is quite a long time and hampered the customer satisfaction. Since most of the customers are the students of the university, they have the expectation of better services regarding the delivery of their t-shirts of choice. Since the time taken by the delivery team is too long as per their expectations, the customers started complaining. This lead-time has to be reduced for better customer compliance. The process of delivering or shipping is a crucial process for the online retail business as it is the final stage of shopping (Denenberg, Shemesh Chappell, 2014). Therefore, the delivery process has to be improved by the implementation of several tactics. Managing the supply chain effectively can reduce the delivery time. The d elivery can be outsourced by the third party courier services, where the customers can be charged as the courier service charges as the shipping cost (Sahney, 2015). However, free delivery can be availed if there is a minimum bill of order that is purchased. Flat rates can also be offered to the customers based on their total orders and range of products. These strategies aim at benefitting all the parties involved in the transaction like the customer, courier and the company so that the delivery process is smoothened and on time. These strategies can speed up the delivery process and the customers can avail their products on time thereby, improving the customer satisfaction (Zhang Zhang, 2013). The business of Philosophy T has been a novel approach and initiative for exposing the students to real time business management. Therefore, specific strategies have to be developed to grow the business and earn profits for the better future of the company as well as for the students. For this, the students or the entrepreneurs have to focus on the internal and external factors that are causing hindrance to the progress of the business. The performance of the business has been satisfactory until now. However, the customer complaints have to be taken into consideration. There have been several internal problems like lack of autonomy, IT integration issues, time frame too short and extended delivery time. Setting down these problems can also reduce some of the external problems and customer satisfaction issues. Many of the customers have provided with their feedback that they would like to have more options regarding the choice of the t-shirt quotes. This can be sorted out by setting up an application at the company website that can enable them to choose their quote of choice. Several printing technologies have been developed that has made the printing job easy like direct to garment and heat transfer techniques (Rothaermel, 2015). This can help the students to print the t-shirts with ease as per the customer customization. Since the market of t-shirt is crowded and competitive, therefore brand recognition is necessary. For this, digital marketing through social media is an important tool for publicity and sufficient time has to be devoted to it (Zane DeCarolis, 2016). The future of the business is bright and it can be accomplished by proper implementation of the business management strategies. References Baden-Fuller, C., Haefliger, S. (2013). Business models and technological innovation.Long range planning,46(6), 419-426. Chaston, I. (2014).Small business marketing. Palgrave Macmillan. Denenberg, J., Shemesh, E., Chappell, S. (2014).U.S. Patent No. 8,738,648. Washington, DC: U.S. Patent and Trademark Office. Drnevich, P. L., Croson, D. C. (2013). Information Technology and Business-Level Strategy: Toward an Integrated Theoretical Perspective.Mis Quarterly,37(2), 483-509. Dunning, J. H. (2013).Multinationals, Technology Competitiveness (RLE International Business)(Vol. 13). Routledge. Folger, R., Ganegoda, D. B., Rice, D. B., Taylor, R., Wo, D. X. (2013). Bounded autonomy and behavioral ethics: Deonance and reactance as competing motives.Human Relations,66(7), 905-924. Hess, J. P. (2014). Toward balancing autonomy and team-external leadership.Values in Shock The role of contrasting management, economic, and religious paradigms in the workplace, 10. Jeston, J., Nelis, J. (2014).Business process management. Routledge. Kim, M. S., Kim, D. T., Kim, J. I. (2014). CSR for sustainable development: CSR beneficiary positioning and impression management motivation.Corporate Social Responsibility and Environmental Management,21(1), 14-27. Liu, D., Chen, X. P., Yao, X. (2012). From autonomy to creativity: The critical role of harmonious passion.Chinese Management Insights,1(2), 21-23. Mazzarol, T. (2014). Research review: A review of the latest research in the field of small business and entrepreneurship: Financial management in SMEs.Small Enterprise Research,21(1), 2-13. Moon, K. K. L., Youn, C., Chang, J. M., Yeung, A. W. H. (2013). Product design scenarios for energy saving: A case study of fashion apparel.International Journal of Production Economics,146(2), 392-401. Rothaermel, F. T. (2015).Strategic management. McGraw-Hill. Sahney, S. (2015). Critical success factors in online retailan application of quality function deployment and interpretive structural modeling.International Journal of Business and Information,3(1). Scarborough, N. M. (2012). Essentials of Entrepreneurship and Small Business Management.Instructor. Winkel, D. (2013). The changing face of entrepreneurship education.Journal of Small Business Management,51(3), 313-314. Wright, M., Stigliani, I. (2013). Entrepreneurship and growth.International Small Business Journal,31(1), 3-22. Yu, J., Yashima, K., Shen, Y. (2014). Autonomy or privilege? Lobbying intensity of local business associations in China.Journal of Chinese Political Science,19(3), 315-333. Zane, L. J., DeCarolis, D. M. (2016). Social networks and the acquisition of resources by technology-based new ventures.Journal of Small Business Entrepreneurship,28(3), 203-221. Zhang, L., Zhang, Y. (2013). A Comparative Study of Environmental Impacts of Two Delivery Systems in the Businessà ¢Ã¢â€š ¬Ã‚ toà ¢Ã¢â€š ¬Ã‚ Customer Book Retail Sector.Journal of Industrial Ecology,17(3), 407-417. f

Teamwork Survey by Tuckmans Model

Bootlegging Essays

Bootlegging Essays Bootlegging Essay Bootlegging Essay Beeping noises are definitely necessary in this generation. Without them it would be crazy to survive, since we are so used to them. Imagine how life would be without any beeping noises would be. It would definitely be a lot more peaceful, but as well as dangerous. For example, every day in the street people use their horns to honk at other cars. Thats the way we communicate if something wrong was going on. In every way I feel like life wouldnt be the same if things were silent. Everyday day and night you hear beeping noises. For example, you hear them on television, the streets, inside buildings and phones of course. Sometimes you may hear BEEP BEEP a car honks or RING RING, when a telephone rings. There are a million beeping noises in this world and knowing the fact that they are their makes peoples life much easier and safe. We need the noises because they are a life safer. With the beeping sound knowing we know what the mean helps us be more cautious. Example, not everyones minds has it set on a certain time to wake up. Therefore that is where an alarm clock comes in andy. An alarm obviously makes noises so it will wake you up on an occasion. As well as fire trucks, police cars, trains, school bells, whistles, trailer trucks, elevators and much much more. Without the help of the noises each individual object makes we wouldnt know what would be going on. Some people may not agree and say it isnt necessary and life would be much easier and peaceful; but I strongly disagree. Hearing beeping sounds is how I live my life every day. Society wants to make it easy for us so we can have a better enjoyment and safety life.

Construction Technology and Innovation Essay Example | Topics and Well Written Essays - 1000 words - 1

Construction Technology and Innovation - Essay Example Unlike modern construction approaches, the traditional building methods are characterized by multiple deliveries, expansive skilled workforce and uncertainties arising from costing and poor performance. The traditional building techniques also involve inter-dependent sub-groups and as such the quality of the final product cannot be assured. The tendering process could further complicate the whole process as learning curve problems are likely to resort. This paper discusses the modern methods of construction that are common in the UK. Modern Construction Methods The House builders Federation of the UK defines MMC as techniques, which entail efficient production management processes to achieve more quality building products. The modern methods of constructions that have become popular include open panels with lining materials, insulation services, windows, doors, internal wall finishes and external claddings. The UK construction industry is also embracing the use of ready-made parts, w hich are then pieced together. Unlike traditional houses, modern houses are built using concrete moulds and steels. A number of techniques have been embraced by those using modern construction methods. One of the popular techniques is the adoption of volumetric approach, which entails construction of three-dimensional modular units (Pan, Gibb & Dainty 2007, p.183). According to Parliamentary Office of Science and Technology (2009, p.3), other common modern methods of construction include the use of floor and roof cassettes, pre-cast concrete foundations, and pre-formed wiring looms. In the recent past, UK MMC developments have been redesigned to look like traditional brick houses. It is assumed that this new approach will continue gaining favour with the UK residents. Industries and educational institutions could also take advantage of these new construction approaches in order to achieve the benefits that are detailed below. According to the UK government, modern building technique s have a host of attendant benefits. Firstly, modern houses are easier to construct and environmentally friendly as they involve less transportation of materials and produce less waste. Secondly, they result to fewer accidents and have less impact on local residents during construction. In addition, the modern housing methods require less labour and are economical as fewer materials are required. Thirdly, the modern methods of construction significantly reduce onsite build time by 50%, and thus reduce labour costs. According to a study that was commissioned by the Office of the deputy Prime Minister, the volumetric approach, reduces on-site build time to 16weeks compared to 39 weeks for brick and block style. Likewise, using open panels reduces on-site building time to 20 weeks compared to 39 weeks for brick-and-block style (National Audit Office 2005). The benefits of the modern construction methods are best highlighted by a report that was commissioned by National Audit Office (20 05, p.7). According to this report, MMC guarantees the UK residents safer houses because most of the materials are produced under controlled environments (Roy, Low & Waller 2005, p.60). This is unlike on-site building techniques where enhancing quality of products becomes very challenging. In addition, customers are able to preview the complete houses before making any purchases. Although modern methods of construction are likely to become popular, their levels of acceptability among the UK residents are

Can the Government Stabilize the Economy (3 sections) Research Proposal

Can the Government Stabilize the Economy (3 sections) - Research Proposal Example . Such scarcity, whether natural or man-made, makes it necessary for everyone to stretch whatever limited resources he has. Resources can be financial or physical. Practically every one has to make hard choices, to make trade-offs as between one good or service and another. A decision to have one or more of one thing means that one will have less of something else. The relevant cost of any decision is its opportunity cost- the value of the next best alternative one has to give up. Economists stress that one must always calculate the opportunity cost of any specific choice. It would be an ideal situation if a policy maker had all the resources with which to grow the national economy. Scarcity is not the basic premise of growing an economy but rather the availability and the optimal utilization of resources. A country such as the United States has considerable amount and diversity of resources such that it can become self-sufficient; however, less naturally endowed countries would have to grapple with dire scarcity to some degree and will have to procure resources other countries. In a particular case where a country has to consider only what resources it has within its national borders, it will have to make choices about how to use them to maximize or optimize production. In a simplified production possibility frontier (PPF) model where a country has limited resources and a given technology and has only two outputs from a fixed supply of inputs, the decision maker has to make decision about the various combinations of the two outputs, such as wheat and soybeans, or foodstuff and computers. The production of food alone and none of computers will likely not use the resources available in an optimal way. The ideal combination might lie between the two extremes where a certain proportion of resources are employed for the production of food and computers jointly. The concept of the production possibilities frontier comes to our mind – it shows the

Christmas The Very Word Brings Joy Essay Example for Free

Christmas The Very Word Brings Joy Essay Variety is the spice of life. Life without feasts and celebrations is charm less and lifeless. So is true in case of school life. Without functions and celebrations school life becomes monotonous and uninteresting. Therefore, almost all the schools have certain annual functions such as, Annual Sport Where excellence is a habit So lets enjoy the stage breaking performance. School fete is one event students eagerly wait.. A very good Morning Merry Christmas and welcome to one and all present here to join this eve, for join us. Kids, ladies and gentleman. We are feeling nice to meet you and see you on this holy occasion. We hope and assure that you will also feel nice in this musical and joyful atmosphere. So you are most welcome again. Enjoy all the joyful moments and sweet and soft music to make the moments unforgettable. Band is going to start this cheerful evening with holy and religious music. This occasion is very special to all of us so first some blessing prayers. After that for your guest of honor, for your welcome the band will present some cultural folk songs and dances. I am sure you all will completely lost in the heaven of musical feel and colour yourself in the colour of this incredible Christmas eve. To make this day memorable, joyful and cheerful a musical atmosphere created here. games stalls, many stalls of eatables n different kinds of rides have been arranged 2 mk dis day d most special one for u†¦ To make you energetic there are arrangements of snacks and soft drinks†¦ END :- At the end I would like 2 thank all the guests for making every single moment of dis fete d unforgettable and memorable one wid ur presence.. We hope you all enjoyed this beautiful day. Thanks for joining us and once again merry Christmas and happy New Year to one and all. May Jesus makes all your wishes come true†¦ thank you everyone thanks a lot†¦ Christmas is my favorite time of year. As a child, I loved the lights, the Christmas tree, the presents 🙂 As an adult, I still love the lights, the  music and the decorations†¦ The sky was dotted with a few fluffy clouds that looked like candy floss. All praise be to God for such a celestial and symphonious evening. An evening full of allure and amazement.

Mark Messersmith :: essays research papers

Mark Messersmith The paintings of Mark Messersmith are the most chaotic and confusing works of art I have ever laid eyes on. It is very hard to grasp the effects and themes the artist was trying to convey when painting these scenes. The scenes are very busy and tend to move your attention from one point to another which makes interpretation even harder.   Ã‚  Ã‚  Ã‚  Ã‚  One particular painting, Wakulla, was especially odd. In this painting you are looking at the scene from the height of the surrounding trees, almost as if you are sitting on a tree branch. The center focal point seems to be a possum sitting on a limb with a snake in his mouth. Although this seems to be the center of the scene, your attention very quickly is drawn to the fish flying through the air. The reasoning for this seems very vague. Maybe, the fish are making themselves more readily available to the birds above. This thought quickly fades from your mind because the birds seem to be totally uninterested in the actions of the fish.   Ã‚  Ã‚  Ã‚  Ã‚  Interpreting the meaning of such a painting is based very much on an individual’s thought processes. This work is very unique and seems to take on a different personality or theme each time you examine it. Although you find new things with every viewing, one thing remains constant. The idea of nature vs. nature tends to stick out in your mind as you picture the actions of the various animals shown.   Ã‚  Ã‚  Ã‚  Ã‚  Although very hard to understand, the use of color and layering effects produce a very vivid and life like scene. The fish at the top of the picture and the animals underneath the painting seem to make the painting too busy. In fact, it adds to the already confusing and distracting scene the picture itself depicts.   Ã‚  Ã‚  Ã‚  Ã‚  When I view a work of art I try to feel what the artist was feeling as he painted it; come to terms with his thoughts and what he is trying to convey in his work. With the work of Messersmith you can never be sure whether he is saying that nature is working against itself and man is working against nature or if he just has a messed up outlook on the world.   Ã‚  Ã‚  Ã‚  Ã‚  Art is meant to be appreciated and enjoyed. The artwork of Mark Messersmith is almost totally unable to be understood , much less appreciated.

Training Report on Wholesale Banking Operation in Axis Bank.

REPORT ON SUMMER TRAINING OF Submitted to KCL-IMT (PTU) In partial fulfillment of the requirements for the award of degree of MASTER OF BUSINESS ADMINISTRATION Submitted by: Name of the student : KIRAN DOGRA Roll No: 1174251| Supervisor: Dr. SUKHMANI WARAICH Ass. prof. | DEPARTMENT OF MANAGEMENT KCL-IMT JALANDHAR BATCH-2011-2013 DECLARATIONI, â€Å"KIRAN DOGRA†, hereby declare that the work presented herein is genuine work done originally by me and has not been published or submitted elsewhere for the requirement of a MBA program me. Any literature, data or works done by others and cited within this research project has been given due acknowledgement and listed in the reference section. _______________________ (Student's name ; Signature) PREFACE Someone has rightly said that practical experience is for  better and closer to the real world then mere theoretical exposure. The practical experience helps the students view the real world closely, which in turn widely nfluences their  perceptions and argument their understanding of the real situation. Report work constitutes the backbone of any management education program me. A management student has to do report work quite frequently during his entire span. The report work entitle â€Å"WHOLESALE BANKING OPERATION OF AXIS BANK† aims to analyze various services and products provided by AXIS and for this purpose TANDA city have been chosen. CERTIFICATE This is to certify that the project work of Ms. KIRAN DOGRA on WHOLESALE BANKING OPERATION with AXIS BANK has been compiled under my supervision and guidance. _________________________ (Faculty Name ; Signature) ACKNOWLEDGEMENT I present this project report on â€Å"whole banking operations† IN AXISBANK LTD. , WARDHA with a sense of great pleasure and satisfaction. I undersign with pleasure take this opportunity to thank all those related directly or indirectly in preparation of this project report. I started working on this project under the invaluable guidance of Honorable Miss. Riddhi Deshpande mam for which I am very much thankful for her valued time given for the purpose. Without her co-operation our project work would have been difficult to complete.I express our sincere thanks to Mr. HITESH RAWAL, (Branch Manager) in Axis Bank Ltd. ,TANDA and staff in that organization. I am also thankful to Dr. INDERPREET SINGH sir [Director of our college] and Miss. sukhmani waraich [Project In charge] to allow us to carry out this project. I also thank all my friends who have more or less contributed to the preparation of this project report. I will be always indebted to them. INDEX S. No. | CHAPTERS| PAGE No. | 1. | CHAPTER – 1 (COMPANY PROFILE)| 8-22| 1. 1 | Introduction of axis bank| 8| 1. 2| History of axis bank| 9-13| 1. 3| Management of axis bank| 14-15| 1. | Definition of banking| 15| 1. 5| Meaning of banking| 15| 1. 6| Product of axis bank| 15-16| 1. 7| Customer services on banking operation| 16-17| 1. 8| Tradit ional banking activity | 17| 1. 9 | Accounting for bank account| 17-18| 1. 10| Economic function| 18-20| 1. 11| Types of investment ban| 20| 1. 12| Mortgage banking| 20-22| 1. 13| KYC (know your customer)| 22| 1. 14| Competitors | 22| | | | 2. | CHAPTER – 2| 23-26| | Need, Scope, Objectives, methodology and limitation of the study. | 23-26| | | | | | | 3. | Chapter – 3| 27-38| 3. 1| Project introduction| 27| 3. 2| Meaning of wholesale banking operation| 27-28| . 3| Concept | 28-34| 3. 4| Current account information| 34-35| 3. 4. 1| Channel one:(for successful business)| 34| 3. 4. 2| Builders and real estate| 35| 3. 5| Training in wholesale banking operation| 35-38| 3. 5. 1| Corporate| 35-36| 3. 5. 2| Small and medium enterprises| 36-37| 3. 5. 3| Government | 37-38| | | | 4. | Chapter – 4| 39-51| 4. 1| Data analysis| 39-51| | | | 5. | Chapter – 5| 52| 5. 1| Finding and suggestion| 52| 5. 2| Conclusion and recommendation| 52| | | | 6. | Chapter – 6| 53| | Bibliography| 54| | Appendices-Customer Feedback Form| 55-57| CHAPTER 1 1. COMPANY PROFILE 1. INTRODUCTION OF AXIS BANK Commercial banking services which includes merchant banking, direct finance infrastructure finance, venture capital fund, advisory, trusteeship, forex, treasury and other related financial services. Axis Bank Limited  is an Indian  financial services  firm that had begun operations in 1994, after the  Government of India  allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the Specified Undertaking of the Unit Trust of India  (UTI),  Life Insurance Corporation of India  (LIC), General Insurance Corporation Ltd. , National Insurance Company Ltd.The New India Assurance Company,  The Oriental Insurance corporation  and  United India Insurance Company  UTI holds a special position in the Indian capital markets and has promoted many leading financial institutions in the country. As on the year ended 31 March, 2012, Axis Bank had an operating revenue of 13,437 crores and a net profit of 4242 crores. Axis Bank opened its registered office in Ahmedabad and corporate office in Mumbai in December 1993. The first branch was inaugurated in April 1994 in Ahmedabad by Dr. Manmohan Singh , then the honorable Finance Minister . 1. 2 HISTORY OF AXIS BANK 1993:The Bank was incorporated on 3rd December and Certificate of business on 14th December. The Bank transacts banking business of all description. UTI Bank Ltd. was promoted by Unit Trust of India, Life Insurance Corporation of India, General Insurance Corporation of India and its four subsidiaries. The bank was the first private sector bank to get a license under the new guidelines issued by the RBI. 1997: The Bank obtained license to act as Depository Participant with NSDL and applied for registration with SEBI to act as `Trustee to Debenture Holders'. Rupees 100 crores was contributed by UTI, the rest from LIC Rs 7. crores, GIC and its four subsidiaries Rs 1. 5 crores each. 1998: The Bank has 28 branches in urban and semi urban areas as on31st July. All the branches are fully computerized and networked through VSAT. ATM services are available in 27 branches. The Bank came out with a public issue of 1,50,00,000 No. of equity shares of Rs10 each at a premium of Rs 11 per share aggregating to Rs 31. 50crores and Offer for sale of 2,00,00,000 No. of equity shares for cash at a price of Rs 21 per share. Out of the public issue 2, 20,000 shares were reserved for allotment on preferential basis to employees of UTI Bank.Balance of 3, 47, 80,000 shares were offered to the public. The company offers ATM cards, using which account-holders can with draw money from any of the bank's ATMs across the country which is inter-connected by VSAT. UTI Bank has launched a new retail product with operational flexibility for its customers. UTI Bank will sign a co-brand agreement with the market, leader, Citibank NA for entering i nto the highly promising credit card business. UTI Bank promoted by India's pioneer mutual fund Unit Trust of India along with LIC, GIC and its four subsidiaries. 1999: UTI Bank and Citibank have launched an international co-branded Credit card.UTI Bank and Citibank have come together to launch an international co-branded credit card under the Master Card umbrella. UTI Bank Ltd has inaugurated an offsite ATM at Ashok Nagar here, taking the total number of its offsite ATMs. 2000: The Bank has announced the launch of Tele-Depository Services for Its depository clients. UTI Bank has launch of `I Connect', its Internet banking Product. UTI Bank has signed a memorandum of understanding with equitymaster. com for e-broking activities of the site. Infinity. com financial Securities Ltd. , an e-broking outfit is Typing up with UTI Bank for a banking interface.Geojit Securities Ltd, the first company to start online trading services, has signed a MoU with UTI Bank to enable investors to buys ell demat stocks through the company's website. India bulls have signed a memorandum of understanding with UTI Bank. UTI Bank has entered into an agreement with Stock Holding Corporation of India for providing loans against hares to SCHCIL's customers and funding investors in public and rights issues. ICRA has upgraded the rating UTI Bank's Rs 500 crores certificate of deposit programmed to A1+. UTI Bank has tied up with L&T Trade. com for providing customized online trading solution for brokers. 001: UTI Bank launched a private placement of non-convertible debentures to rise up to Rs 75 crores. UTI Bank has opened two offsite ATMs and one extension counter with an ATM in Mangalore, taking its total number of ATMs across the country to 355. UTI Bank has recorded 62 per cent rise in net profit for the quarter ended September 30, 2001, at Rs 30. 95 crores. For the second quarter ended September 30, 2000, the net profit was Rs 19. 08 crores. The total income of the bank during the quar ter was up 53 per cent at Rs 366. 25 crores. 2002: UTI Bank Ltd has informed BSE that Shri B R Barwale has resigned as a Director of the Bank w. . f. January 02, 2002. A C Shah, former chairman of Bank of Baroda, also retired from the bank’s board in the third quarter of last year. His place continues to be vacant. MD a modern took over as the director of the board after taking in there INS of UTI. B S Pandit has also joined the bank’s board subsequent to the retirement of K G Vassal. UTI Bank Ltd has informed that Shri Paul Fletcher has been appointed as an Additional Director Nominee of CDC Financial Service (Mauritius) Ltd of the Bank . And Shri Donald Peck has been appointed as an Additional Director (nominee of South Asia Regional Fund) of the Bank.UTI Bank Ltd has informed that on laying down the office of Chairman of LIC on being appointed as Chairman of SEBI, Shri G N Bajpai, Nominee Director of LIC has resigned as a Director of the Bank. 2003: UTI Bank Ltd has informed BSE that at the meeting of the Board of Directors of the company held on January 16, 2003, Shri R N Bharadwaj, Managing Director of LIC has been appointed as an Additional Director of the Bank with immediate effect. – UTI Bank, the private sector bank has opened a branch at Nellore. The bank’s Chairman and Managing Director, Dr P. J. Nayak, inaugurating the bank branch at GT Road on May 26.Speaking on the occasion, Dr Nayak said. This marks another step towards the extensive customer banking focus that we are providing across the country and reinforces our commitment to bring superior banking services, marked by convenience and closeness to customers. -UTI Bank Ltd. has informed the Exchange that at its meeting held on June 25, 2003 the BOD have decided the following: 1) To appoint Mr. A T Pannir Selvam, former CMD of Union Bank of India and Prof. Jayanth Varma of the Indian Institute of Management, Ahmadabad as additional directors of the Bank with immediate effect.Further, Mr. Pannir Selvam will be the nominee director of the Administrator of the specified undertaking of the Unit Trust of India (UTI-I) and Mr. Jayanth Varma will be an Independent Director. 2) To issue Non-Convertible Unsecured Redeemable Debentures up to Rs. 100 crores, in one or more tranches as the Bank's Tier – II capital. -UTI has been authorized to launch 16 ATM son the Western Railway Stations of Mumbai Division. -UTI filed suit against financial institutions IFCI Ltd in the debt recovery tribunal at Mumbai to recover Rs. 5cr in dues. -UTI bank made an entry to the Food Credit Programme; it has made an entry into the 59 cluster which includes private sector, public sector, old private sector and co-operative banks. -Shri Ajeet Prasad, Nominee of UTI has resigned as the director of the bank. -Banks Chairman and MD Dr. P. J. Nayak inaugurated a new branch at Nellore. -UTI bank allots shares under Employee Stock Option Scheme to its employees. -Unveils pre-p aid travel card ‘Visa Electron Travel Currency Card' -Allotment of 58923equity shares of Rs 10 each under ESOP. UTI Bank ties up with UK govt fund for contract farm in -Shri B S Pandit, nominee of the Administrator of the Specified Undertaking of the Unit Trust of India(UTI-I) has resigned as a director from the Bank w e f November 12,2003. -UTI Bank unveils new ATM in Sikkim. 2004: Comes out with Rs. 500 Unsecured Redeemable Non-Convertible Debenture Issue, issue fully subscribed -UTI Bank Ltd has informed that Shri Ajeet Prasad, Nominee of the Administrator of the Specified Undertaking of the Unit Trust of India (UTI – I) has been appointed as an Additional Director of the Bank w. e. f. January 20,2004. UTI Bank opens new branch in Udupi-UTI Bank, Geojit in pact for trading platform in Qatar -UTI Bank ties up with Shri ram Group Cos-Unveils premium payment facility through ATMs applicable to LIC UTI Bank customers –Metal junction (MJ)- the online trading and pr ocurement joint venture of Tata Steel and Steel Authority of India(SAIL)- has roped in UTI Bank to start off own equipment for Tata Steel. -DIEBOLD Systems Private Ltd, a wholly owned subsidiary of Diebold Incorporated, has secured a major contract for the supply of ATMs an services to UTI Bank -HSBC completes acquisition of 14. % stake in UTI Bank for . 6 m -UTI Bank installs ATM in Thiruvananthapuram –Launches Remittance Card' in association with Remit2India, a Web site offering money transfer services. 2005: * UTI Bank enters into a banc assurance partnership with Bajaj Allianz General for selling general insurance products through its branch network. * UTI Bank launches its first Satellite Retail Assets Centre (SRAC) in Karnataka at Mangalore. 2006: * UBL sets up branch in Jaipur. UTI Bank unveils priority banking lounge. * UTI Bank launches operations of UBL Sales, its Sales Subsidiary -Inaugurates its first office in Bangalore. * UTI Bank announces the launch of its Cre dit Card Business. * UTI Bank becomes the first Indian Bank to successfully issue Foreign Currency Hybrid Capital in the International Market. * UTI Bank Business Gold Debit Card MasterCard Launched – Designed for business related spending by SMEs and self employed professionals. 2007:AXIS Bank Ltd has informed that consequent upon handing over charge as Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI), Shri. S B Mathur, the Nominee Director of SUUTI has resigned as a Director of the Bank December 06, 2007. * AXIS Bank Ltd has informed that Fitch Ratings on December 14, 2007, has upgraded the Bank's National Long-term rating to ‘AAA(ind)' from ‘AA+(ind)'. * AXIS Bank Ltd has appointed Shri K N Prithvi raj as an Additional Director on the Board at Directors of the Bank. * Company name has been changed from UTI Bank Ltd to Axis Bank Ltd. 008: * Axis Bank launches Platinum Credit Card, India's first EMV chip based card. * Axis Bank set up its branch at Ilanji at Meenakshi Nagar on the Coutralam-Madurai road on April 16. 2009: * Axis Bank today said its board has recommended the appointment of Shikha Sharma, currently chief of ICICI group's life insurance business, as its next managing director and CEO. * Axis Bank has set up a new branch at Perumbavoor. The bank has a network of 832 branches along with 8 extension counters and 3622 ATMs across the country. Axis Bank, on Wednesday entered into a strategic alliance with Motilal Oswal, the financial services firm, in order to facilitate the online trading for the bank's customers. * AXIS Bank Ltd has informed that the Board of Directors of the Bank at its meeting held on June 01, 2009, inducted Smt. Shikha Sharma as an Additional Director of the Bank. * Axis bank has received final clearance from the Securities and Exchange Board of India (SEBI) to begin its mutual fund operations and will launch debt and equity schemes soon whereas IDBI Bank is awaiting the regulator' s permit for an entry. Axis Bank opened the new branch at Irinjalakuda while it has a network of 892 branches, 8 extension counters and 3,806 ATMs across the country. 2010: Axis Bank Limited has informed that at the meeting of the Board of Directors held on January 15, 2010, the following decisions were taken: * To appoint Dr. Adarsh Kishore, former Finance Secretary, Government of India and former Executive Director, International Monetary Fund representing Bangladesh, Bhutan, India and Sri Lanka as the Non-Executive Chairman of the Bank, subject to RBI approval; * To appoint Shri S.B. Mathur, former Chairman, LIC and the National Stock Exchange of India, as an Additional Independent Director, with immediate effect. 1. 3 MANAGEMENT OF AXIS BANK ORGANIZATION STRUCTURE OF AXIS BANK PROMOTERS: Axis Bank Ltd. has been promoted by the largest and the best Financial Institution of the country, UTI. The Bank was set up with a capital of Rs. 115 crores, with UTI contributing Rs. 100 Crores , LIC – Rs. 7. 5 Crores and GIC and its four subsidiaries contributing Rs. . 5 Crores each SUUTI – Shareholding 27. 02%Erstwhile Unit Trust of India was setup as a body corporate under the UTI Act, 1963, with a view to encourage savings and investment. In December 2002, the UTI Act, 1963 was repealed with the passage of Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 by the Parliament, paving the way for the bifurcation of UTI into 2 entities, UTI-I and UTI-II with effect from1st February 2003. In accordance with the Act, the Undertaking specified as UTI I has been transferred and ested in the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI), who manages assured return schemes along with 6. 75% US-64 Bonds,6. 60% ARS Bonds with a Unit Capital of over Rs. 14167. 59 crores. The Government of India has currently appointed Shri K. N. Prithviraj as the Administrator of the Specified undertaking of UTI, to look after and admini ster the schemes under UTI where Government has continuing obligations and commitments to the investors, which it will uphold. 1. 4 DEFINITIONS OF BANKINGA bank is a financial institution licensed by a government. Its primary activity is to lend money. Many other financial activities were allowed over time. For example banks are important players in financial markets and offer financial services such as investment funds. Banking can also be defined as engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit. Transacting business with a bank: Depositing or withdrawing funds or requesting a loan.Bank – a supply or stock held in reserve for future use (especially in emergencies) 1. 5 MEANING OF BANKING An organization, usually a corporation, chartered by a state or federal government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays in terest on them; discounts notes, makes loans, and invests in securities; collects checks, drafts, and notes; certifies depositor's checks; and issues drafts and cashier's checks. 1. 6 PRODUCT OF AXIS BANK * Product of axis bank * Easy Access Saving Account Saving Account for Women * Prime Saving Account * Senior Citizens Saving Account * Priority Banking * Corporate Salary Account * Trust /NGOs Saving Account * Resident Foreign Currency Account * Online Trading Account * Current Account * Term Deposits * Locker Facilities * NRI Services * Depository Services * Financial Advisory Services * Wealth Management Services * Insurance Solutions – Life and General * Retail Loans * Credit Loans * Travel Currency Cards * Remittance Cards * Gift Cards 1. 7 CUSTOMER SERVICE IN BANKING OPERATION * Cheque Drop Box FacilityRBI's Committee on Procedures and Performance Audit on Public Services has recommended that both the drop box facility and the facility for acknowledgement of the cheques at the regular collection counters should be available to customers and no branch should refuse to give an acknowledgement if the customer tenders the cheques at the counters. * Issue of Cheque Books: The Committee has observed that some banks do not allow depositors to collect their cheque book at the branch but insist on dispatching the cheque book by courier to the depositor.Further, it is stated by the Committee that the deposit or is forced to sign a declaration that a dispatch by the courier is at the depositor's risk and consequence and that the depositor shall not hold the bank liable in any manner whatsoever in respect of such dispatch of cheque book. Committee has observed this as an unfair practice and advised banks to refrain from obtaining such undertakings from depositors. Banks should also ensure that cheque books are delivered over the counters on request to the depositors or his authorized representative. Statement of Accounts / Pass Books: The Committee has noted that banks invariably show the entries in depositor’s passbooks /statement of accounts as â€Å"By Clearing† or â€Å"By Cheque†. Further, in the case of Electronic Clearing System (ECS) and RBI Electronic Funds Transfer (RBIEFTR) banks invariably do not provide any details even though brief particulars of the remittance are provided to the receiving bank. In some cases computerized entries use sophisticated codes which just cannot be deciphered.With a view to avoiding inconvenience to depositors, banks are advised to avoid such inscrutable entries in passbooks statements of account and ensure that brief, intelligible particulars are invariably entered in passbooks / statements of account. Banks may also ensure that they adhere to the monthly periodicity prescribed by us while sending statement of accounts. 1. 8 TRADITIONAL BANKING ACTIVITIES Banks act as payment agents by conducting checking or current accounts for customers, paying cheques drawn by customers o n the bank, and collecting cheques deposited to customers' current accounts.Banks also enable customer payments via other payment methods such as telegraphic transfer, EFTPOS, and ATM. Banks borrow money by accepting funds deposited on current accounts, by accepting term deposits, and by issuing debt securities such as bank notes and bonds. Banks lend money by making advances to customers on current accounts, by making installment loans, and by investing in marketable debt securities and other forms of money lending. Banks provide almost all payment services, and a bank account is considered indispensable by most businesses, individuals and governments.Non-banks that provide payment services such as remittance companies are not normally considered an adequate substitute for having a bank account. Banks borrow most funds from households and non-financial businesses, and lend most funds to households and non-financial businesses, but non-bank lenders provide a significant and in many cases adequate substitute for bank loans, and money market funds, cash management trusts and other non-bank financial institutions in many cases provide an adequate substitute to banks. 1. 9 ACCOUNTING FOR BANK ACCOUNTBank statements are accounting records produced by banks under the various accounting standards of the world. Under GAAP and IFRS there are two kinds of accounts: debit and credit. Credit accounts are Revenue, Equity and Liabilities. Debit Accounts are Assets and Expenses. This means you credit a credit account to increase its balance, and you debit a debit account to increase its balance. This also means you debit your savings account every time you deposit money into it (and the account is normally in deficit), while you credit your credit card account every time you spend money from it (and the account is normally in credit).However, if you read your bank statement, it will say the opposite—that you credit your account when you deposit money, and you debit it when you withdraw funds. If you have cash in your account, you have a positive (or credit) balance; if you are overdrawn, you have a negative (or deficit) balance. There a son for this is that the bank, and not you, has produced the bank statement. Your savings might be your assets, but the bank's liability, so they are credit accounts (which should have a positive balance).Conversely, your loans are your liabilities but the bank's assets, so they are debit accounts (which should have a also have a positive balance). Where bank transactions, balances, credits and debits are discussed below, they are done so from the viewpoint of the accountholder—which is traditionally what most people are used to seeing. 1. 10 ECONIMIC FUNCTION * Issue of money: In the form of bank note sand current accounts subject to cheque or payment at the customer's order. These claim son banks can act as money because they are negotiable and/or repayable on demand, and hence valued at par.They are eff ectively transferable by mere delivery, in the case of banknotes, or by drawing a cheque that the payee may bank or cash. * Netting and settlement of payments: Banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect, present, be presented with, and pay payment instruments. This enables banks to economies on reserves held for settlement of payments, since inward and outward payments offset each other. It also enables the offsetting of payment flows between geographical areas, reducing the cost of settlement between them. * Credit intermediation:Banks borrow and lend back-to-back on their own account as middle men. * Credit quality improvement: Banks lend money to ordinary commercial and personal borrowers (ordinary credit quality), but are high quality borrowers. The improvement comes from diversification of the bank's assets and capital which provides a buffer to absorb losses without defaulting on its oblig ations. However, banknotes and deposits are generally unsecured; if the bank gets into difficulty and pledges assets as security, to raise the funding it needs to continue to operate, this puts the note holders and depositors in an economically subordinated position. Maturity Transformation: Banks borrow more on demand debt and short term debt, but provide more long term loans. In other words, they borrow short and lend long. With a stronger credit quality than most other borrowers, banks can do this by aggregating issues (e. g. accepting deposits and issuing banknotes) and redemptions (e. g. withdrawals and redemptions of banknotes), maintaining reserves of cash, investing in marketable securities that can be readily converted to cash if needed, and raising replacement funding as needed from various sources (e. g. wholesale cash markets and securities markets). Banking channels: Banks offer many different channels to access their banking and other services: * A branch, banking cent re or financial centre is a retail location where a bank or financial institution offers a wide array of face-to-face service to its customers. * ATM is a computerized telecommunications device that provides a financial institution's customers a method of financial transactions in a public space without the need for a human clerk or bank teller. Most banks now have more ATMs than branches, and ATMs are providing a wider range of services to a wider range of users.For example in Hong Kong, most ATMs enable anyone to deposit cash to any customer of the bank's account by feeding in the notes and entering the account number to be credited. Also, most ATMs enable card holders from other banks to get their account balance and withdraw cash, even if the card is issued by a foreign bank. * Mail is part of the postal system which itself is a system where in written documents typically enclosed in envelopes, and also small packages containing other matter, are delivered to destinations around the world. This can be used to deposit cheques and to send orders to the bank to pay money to third parties.Banks also normally use mail to deliver periodic account statements to customers. * Telephone banking is a service provided by a financial institution which allows its customers to perform transactions over the telephone. This normally includes bill payments for bills from major billers (e. g. for electricity). * Online banking is a term used for performing transactions, payments etc. over the Internet through a bank, credit union or building society's secure website. * Mobile banking is a method of using one's mobile phone to conduct simple banking transactions by remotely linking into a banking network. Video banking is a term used for performing banking transactions or professional banking consultations via a remote video and audio connection. Video banking can be performed via purpose built banking transaction machines (similar to an Automated teller machine), or via a vi deoconference enabled bank branch. 1. 11 TYPES OF INVESTMENT BANKS * Investment banks â€Å"underwrite† (guarantee the sale of) stock and bond issues, trade for their own accounts, make markets, and advise corporations on capital market activities such as mergers and acquisitions. * Merchant banks were traditionally banks which engaged in trade finance.The modern definition, however, refers to banks which provide capital to firms in the form of shares rather than loans. Unlike venture capital firms, they tend not to invest in new companies. 1. 12 MORTGAGE BANKING Mortgage banking deals primarily with originating mortgage loans and servicing them. Read more about it here as well as about what a career in mortgage banking involves. Mortgage banking is meant for a single purpose, to service the real estate finance industry. Mortgage banking deals specifically with originating mortgage loans as well as servicing them.Mortgage banks are state-licensed entities from which consumers can get mortgage loans directly. Usually, mortgage banks avail funds from the Federal National Mortgage Association, or FNMA, also known as Fannie Mae, the Federal Home Loan Mortgage Corporation, or FHLMC, also known as Freddie Mac, or any other large companies that service mortgages, which are related to the secondary mortgage market. Here are a few pointers about the nitty-gritty of mortgage banking. * Mortgage Banks Specialize in Mortgage Loans: Unlike a savings bank that is federally chartered, in general mortgage banks specialize in only providing mortgage loans.Hence, customers do not deposit their money in these banks. As has been mentioned above, the secondary wholesale market is their primary source of funds. Freddie Mac and Fannie Mae are examples of the lenders in the secondary market. * Mortgage Banks Differ in Size: While some mortgage banks can be nationwide, others can originate a volume of loan that can exceed that of a commercial bank that is nationwide. Many of th ese mortgage banks utilize specialty servicers like Real Time Resolutions to carry out tasks like fraud detection work and repurchase. Mortgage Banks have Two Sources of Revenue: The two main sources of income are from loan servicing fees (if they are into loansevicing0, and fees from loan origination. Mortgage bankers, by and large, are choosing not to service the loans they have originated. That is because they are entitled to earn a service-released premium by selling them soon after the mortgage loans are closed and funded. The investor in the secondary market that purchases the loan has the ability of earning revenue for providing servicing of the loan every month the borrower keeps the loan. Different Banking Laws Apply to Mortgage Banks: Mortgage banks usually operate under banking laws that are quite different, according to the state they operate in. You will need to check each individual state’s financial department or state banking in order to get list of mortgage b ankers in each state. While federal laws apply to the operation of a federal bank, in terms of consumer protection, usually consumers have additional rights, which are applicable according to each state. * Mortgage Bankers can be More Competitive:Since they only specialize in lending and do not have to subsidize any of the losses that other departments may have incurred, as in regular banking, mortgage bankers have the ability of being really competitive when lending for mortgage. However, they usually do not have the advantage of accessing adjustable rate mortgages that are low cost, which federal banks are typically associated with, and federal money access. * A Career in Mortgage Banking: Professionals in mortgage banking in the job market today need to have a college degree in business or finance, or some specific experience or training related to the field.Skills in good customer service, an inherent ability with numbers, and computer skills are also essential requirements for mortgage banking jobs. A mortgage banking professional’s job involves reviewing credit scores, determining the kind of loan that is most beneficial for the customer and guiding them through the process of application as well as closing. The loan officer has to be very organized and detail oriented, and need to be able to handle the large amounts of paperwork and reporting that are required for getting loans approved, up to the closing.A mortgage banking professional also has to have thorough know-how about the regulations associated with federal mortgage as well as the various types. 1. 13 KYC (KNOW YOUR CUSTOMER) As per KYC guideline the RBI has advised banks to follow KYC guidelines of RBI mandates banks to collect three proofs from their customers they are1 Photograph2 Proof of Identity3 Proof of address Accordingly, Axis bank has framed its KYC procedure according to which, a photograph and documentary proof of personal identification and address proof are required t be p rovided.The account Opening form provides the nature of documents required / procedure to be followed for opening a new account. You may also log in to our websitewww. axisbank. com for such information which is displayed product-wise. 1. 14 COMPETITORS 1. ICICI Bank Ltd. 2. HDFC Bank Ltd. 3. State Bank of India 4. HSBC Bank 5. RBS (Royal Bank of Scotland) 6. Maharashtra Bank of India 7. Canara Bank 8. Andhra Bank 9. IDBI bank 10. Bank of India 11. Punjab National Bank 12. Central Bank 13. Allahabad Bank 14.ING Vysya 15. Centurion Bank CHAPTER 2 2. NEED, SCOPE, OBJECTIVE, METHODOLOGY AND LIMITATIONS OF THE STUDY 2. 1 NEED OF RESEARCH The research is significant for me and the bank thus significant as follow to the trainee as follow: – * To the trainee †¢The research has provided the trainee practical knowledge regarding the organization working, survey and other aspect of marketing. †¢This research is also essential for me in fulfillment of MBA curriculum. * To the bank Research would help the bank to get the lead of potential customer and current satisfaction level among existing relationship companies †¢To study the opportunity of cross sailing of other product and services †¢The suggestion provide the researcher will be helpful to improvement of class and quality of service to new and current customers and also help to enhance the activities * To the customer †¢The research will become a medium to convey the dissatisfaction factor to the appropriate person in the management 2. 2 SCOPE OF RESEARCHThe research was conducted for AXIS bank limited in Hoshiarpur City. The research was conducted in operational and marketing aspect of the bank products and survey. The research collected to detail information by personal interview and data collection sheet. 2. 3 OBJECTIVES OF THE STUDY This study has been conducted with a variety of important objectives in mind. The following provides us with the  objectives that have tried to achi eve through the study. The extent to which these objectives have been met could judge from the conclusions and suggestions, which appear in the later of this study. The main objective of the study is to know about the potential of the market regarding people’s dealing in financial services. †¢ To know the role of all financial services. †¢ To know where people have already opened their Account and on what basis. 2. 4 RESEARCH METHODOLOGY Research is an art of scientific investigation. In other word research is a scientific and systematic search for pertinent information on specific topic. The logic behind taking research methodology into consideration is that one can have knowledge about the method and procedure adopted for achievement of objectives of the project.With the adoption of  this others can evaluate the results also. Its main aim is to keep the researchers on the right track. The methodology adopted for studying the objectives was surveying the saving a ccount holders of District HOSHIARPUR. So keeping in view the nature of requirements of the study to collect all the relevant information regarding the comparison of saving account of Centurion Bank of Punjab with other  banks direct personal interview method with structured questionnaire was adopted for the collection of primary data. Secondary data has been collected through the various magazines and newspaper a nd by surfing on internet.And the guide in the organization was consulted at many times. 2. 5 SELECTION OF THE SAMPLE It becomes impossible to contact each and every individual of the population due to limitations of essential resources like time and money. Therefore, the study is preferably allowed down to a representation sample to make the study more manageable. Keeping in view the objectives and resource limitation of the study, 100 respondents were considered. Respondents – 100 The selected sample is representative of the population and is accurate and practi cable. 2. 6 SAMPLING TECHNIQUETo study the Project, a Simple Random Sampling technique is used. 2. 7 SAMPLING PLAN The following factors will be taken into consideration within scope of sampling plan. 1 Sampling unit: It defines the target population that will be sampled i. e. it answers who is to be surveyed. In this study, the sampling unit is customers using internet banking. 1 Sampling size: It indicates the numbers of people to be surveyed. Though large samples give more reliable results than small sample but due to constraints of time and money, the sample size was restricted to 50 respondents. 2. 8 COLLECTION OF DATAAfter the research problem has been defined and the research design has been chalked out, the task of data collection begins. The data can be collected mainly through primary sources, but it was supplement with secondary data. * Primary data collection: Primary data is the data which is collected through observation or direct communication with the respondents in one form or another. These are several methods for primary data collection like Observation Method, Interview Method, through schedules, through questionnaires and so on. * Secondary data collection methods: Secondary data is collected through Internet. Internet We also take into consideration the internet facility with which we  collect lot  of  latest information. * Journal and publications of different banks We also take into consideration the journals and publications issued by the bank  at different times. We  comes to know about the Branches, ATM, locations and other useful information. 2. 9 LIMITATION OF RESEARCH Every research has its own constraints which keep limitation to work similarly this research has also limitation due to which the researcher could not get detailed information regarding project. These are: – Though full efforts have been made but due to the lack of past experience in the marketing field I failed some areas have been left from includi ng in the study †¢ Due to the limitation of time I was unable to cover more sample (data collection sheet) and to fridge the lead granted. CHAPTER 3 PROJECT INTRODUCTION 3. 1 PROJECT INTRODUCTION As a part of curriculum the students of MBA have to undergo Summer Internship Program (SIP). Wherein a student gets the knowledge about practical life, how the work is done in companies, how to get acquainted with working conditions and other many such things, etc. he main aim behind this program is that students get some experience with which he could get assistance while searching the job. This program is generally provided by a company and it lasts for at least two months. Students as per their specializations could apply for SIP and get the opportunity to work in a company, which the college suggests. As a management student I also have to undergo SIP. I got the opportunity to complete this program in AXIS BANK LTD. , for two months. Axis bank is one of the leading BANKS in banking sector in India. First of the two months was devoted to training.Our training started with the session of information about bank product and sale sand – what is the meaning of the concepts, importance of sales and marketing was taught. The second part was about open an account-why we open an account in bank, about the banking sector- as avenue for investment, how banking sector is Better Avenue for investment. The next session was about detailed knowledge about banking sector-how to sell these products in market. The last session was about the practical knowledge about how to get appointment of customers and how to convince them to take the product.In the second month we have sell the products directly in the market, procedure of selling the products etc. 3. 2 MEANING OF WHOLESALE BANKING OPERATIONS The Wholesale Banking contains products sold to large and middle market commercial companies, as well as to consumers on a whole sale basis. This includes lending, treasury manag ement, mutual funds, asset-based lending, commercial real estate, corporate and institutional trust services, and investment banking through Wells Fargo Securities. The company also owns Baring ton Associates, a middle market investment bank.Wells Fargo historically has avoided large corporate loans as stand-alone products, instead requiring that borrowers purchase other products along with loans which the bank sees as a loss leader. One area that is very profitable to Wells, however, is asset-based lending: lending to large companies using assets as collateral that are not normally used in other loans. This can be compared to subprime lending, but on a corporate level. The main brand name for this activity is â€Å"Wells Fargo Foothill,† and is regularly marketed into mb stone ads in the Wall Street Journal.Wells Fargo also owns East dil Secured, which is described as a â€Å"real estate investment bank† but is essentially one of the largest commercial real estate bro kers for very large transactions (such as the purchase and sale of large Class-A office buildings in central business districts throughout the United States). The wholesale banking operations consist of the following transactions: 1. Opening of Account 2. Issue of Check book 3. International Debit / Credit Card 4. Issue of Demand Draft (DD) 5. Net banking 6. E-mail statement 7. Phone banking 8. Insta Query 9. Insta Alert 10. Bill pay 11. Passbook 12.Quarterly Account Statement 13. Loan Facility. 3. 3 CONCEPT 3. 3. 1 SAVING ACCOUNT INFORMATION Definition: A deposit account at a bank or savings and loan which pays interest, but cannot be withdrawn by check writing. Types of Saving Account In Axis Banking 1. Zero Balance Savings Account At Axis Bank it has been constant endeavor to create products specifically catering to your needs. The account while offering a whole range of services also addresses your latent need of having an account without the hassle of maintaining an average qua rterly balance. Features: – 1. No Average Quarterly Balance requirement 2.Free International Debit Card with an Accidental Insurance cover up to Rs 2 lakhs* (charges for the primary holder are waived). 3. Free mobile banking facility 4. Access through more than 825 branches and more than 3595 ATMs 5. At-Par cheque facility with the clearing limit of Rs 50,000 6. 24Ãâ€"7 Tele banking & Internet banking. 7. Free quarterly statements8. Free monthly e-statement Conditions Apply:- 1. Initial funding of Rs. 5,500. 2. Account maintenance fee of Rs. 500 per annum 2. Krishi Savings Account (Kheti Ho Khushahali ki) Axis Bank offers a unique savings account which is easy to operate and allows you to transact immediately.This product has been specially designed keeping in mind the unique requirements of a farmer and true to its nature has been called the Krishi Savings Account. Some of the features of our new product are: Average Balance Requirement : This account is offered with the re quirement of maintaining the half-yearly average balance of Rs 1000only. International Master Debit Card: The Krishi Savings Account entitles you to an International Master Debit Card with which you can access your account anytime through the Axis Bank ATM network free of cost. This card comes with a cash withdrawal limit of Rs 25,000 per day.Free Accident Insurance cover of Rs 2 lacks. Anywhere Banking: Being a Krishi account holder, you are entitled to access our wide network of more than 825 branches and 3595 ATMs across 440 cities. You can now easily carry out your transactions through any of the branches or ATMs. At Par Cheque Book: Your Krishi Savings Account comes with the At-Par Cheque facility. This facility enables you to en cash the cheques as local instruments at any of the 440 centers where the Bank has its presence, at no extra cost. Moreover, you can also issue cheques at other centers upto the limit of Rs 50,000. Easy Access Savings Account (Banking made easy) * A â €“ Accessibility * C – Convenience * C – Comfort * E – Earnings * S – Speed * S – Service Want a savings account that transcends geographical boundaries? Presenting, Axis Bank's Easy Access Savings Account. The account is an endeavor by the Bank to understand the consumers' needs and redefine banking to suit your requirements for a truly comfortable banking experience. Easy Access Savings Account gives you instant access to your money anywhere, anytime. Possessing a range of unmatched features, it has been devised to better suit the convenience of our eclectic client base.You can avail of all these services with a minimum quarterly average balance of Rs. 5,000 in metro or urban centers, Rs. 2,500 in semi urban centers and Rs. 1,000in rural centers. †¢At-par cheque †¢ATM Network †¢Anywhere Banking †¢ Tele banking †¢ i Connect †¢Mobile Banking †¢Quarterly account statement †¢Quarterly interest @ 3. 5 % per annum †¢Free monthly e-statement. You can avail of all these services with a minimum quarterly average balance of Rs. 5,000 in metro or urban centers, Rs. 2,500 in semi urban centers and Rs. 1,000 in rural centers. Corporate Salary Account:Our Corporate Salary Power Offering is designed to offer pay roll solutions through in a 24 X 7 environment. We leverage on our extensive network of distribution channels spread across 450 centers through a network of more than 827 branches and 3595 ATMs besides our superior service delivery model and product features, as a strong differentiator, to provide value to the end user. Benefit to Employers: †¢Efficient salary disbursal. Web Upload – Transfer salaries/reimbursements directly from your current account with Axis Bank to your employee's accounts using I Connect from your office. Single-instruction salary credit – Same day salary credits for all companies having Corporate Account with Axis Bank. Dedicated relationship manager at metro locations to understand the financial requirements of your employees. Benefit to Employees: †¢No minimum balance criteria. †¢Unparalleled Access – Anywhere banking facility through our network of Branches, ATM and Internet banking facility. †¢AT Par cheque books payable locally at all Axis Bank locations. †¢International Debit cum ATM cards with enhanced Cash withdrawal facility and other value add ones. Online Banking with funds transfer, online shopping and bill payment options. †¢Depository services with free online trading accounts. †¢Meal Cards on a master card platform. †¢Employee Reimbursement accounts as a savings account variant. Preferential pricing on loan products and credit cards and other banking products ; services. 3. Prime Savings Account: Want a customized savings account to suit your specific financial requirements? At Axis Bank, we have always strived to pace our products with the growing needs of our cu stomers.The Prime Savings account has therefore been created with your specific financial requirements in mind. Through the ‘At Par' cheque facility, you have the unique advantage to en cash your cheques as a local cheque at more than 330 centers where the bank has a presence at no extra cost. In addition the account enables you to issue cheques up to Rs. 1 lakhs, which will be treated as ‘At Par' across these locations. You can avail of all these services with a minimum average balance of Rs 25,000 in metro/urban/semi-urban centers and Rs 10,000 in rural centers. 4.Smart Privilege Account: (For the woman of today) In today's busy world it's tough being a working woman. Right from shuttling between a job and family to taking care of her finances she has to be on her toes all the time. Keeping this in mind, we at Axis Bank have designed a savings account best suited for the woman of today. With the Smart Privilege Account, you can manage your money and your life and as we ll as enjoy a host of lifestyle privileges. Furthermore Axis Bank's Smart Privilege Account ensures that you have enough time for all the important things in life. Senior Privilege: (Because life begins at sixty) Are you seeking a banking style that compliments your senior status? Axis Bank's Senior Citizen Savings Account has been designed keeping in mind the fact that a senior citizen's banking requirements are wholly different and require special consideration. * Special Privilege: (A Privilege assures the care you deserve): We have introduced Senior Citizen ID card for our Senior Privilege patrons. Let us briefly introduce the wide range of advantages it hold for you. * Avail of Great benefits with Senior Citizen ID cardID card acts as an age proof. Enabling you to redeem every advantage that you are eligible for, this card will soon help you avail of certain never-before Senior-citizen benefits at various stores, service providers and installation across the nation. * Feel safe Every where Apart from provide you with the power to claim great benefits, card also act as emergency information medium. In case of emergencies, it provides the doctors and authorities with vital data like your blood group, allergies, illnesses, address and emergency contact details.This ensures that you are well looked after in any situation, no matter where you are. * Always a Privilege It will help in strengthen the bond with us and to be of assistance to you at all the times, no matter what your need be. Whether its loan, a savings account or any financial services that you wish to avail of, we will make sure that we're always be there by your side. * Power Salute (Salute to the defense forces) Are you looking for an account that fits with your life in the Defence Forces? Defense Salary Account from Axis Bank is a product designed keeping in mind how tough a life in the Defense Forces is.Not only does it come to you absolutely free, no minimum balance is required either. You c an also access the entire Axis Bank network, including more than 2300 ATMs and 550 branch offices (and growing) no matter where you are posted. With the complete gamut of banking services (including overdrafts, loans and zero-balance requirements) you can now rest assured about your family and all their financial needs. It sour way of showing our appreciation to your work. * Banking Privileges: At-par Cheque Facility * Your job involves constant transfers across the country.With the at-par cheque facility it will no longer be necessary to set up new bank accounts with each transfer. * Additional Debit Card * Along with a free International Debit Card, you also get a free card for the joint account holder. This means that your child or spouse also enjoy the same benefits of banking with Axis Bank. * Financial Advisory Services * Our solutions answer to the twin goals of meeting your requirements and to diversify and spread the risk of your investment portfolio, so you can look forwar d to a comfortable and worry-free life.We first understand your exact investment needs and then design the perfect investment plan for you. 5. Trust/NGO Savings Account: Thoughtful banking for people who spend their lives thinking of others Need special banking for special causes? Axis Banks Trust Account is an effort to offer thoughtful banking for people who spend their lives thinking of others. It is a complete banking solution for Trusts, Associations, Societies, Government Bodies, Section 25 companies and NGOs, so that the organizations can devote all of their time to their noble motivations. Features:- A savings account for your trust with a concessional average quarterly Balance a multi-city at-par cheque facility with no limit on clearing payments at centers across the country wherever we are present. Free anywhere banking across all our Branches and Extension Counters and over all our ATMs. Free Demand Drafts or Pay Orders as and when required by you to remit funds. Free co llection of cheques at outstations locations free monthly e-statement Monthly Statement of Account delivered at your doorstep.Facility for collecting donations in your account through our network of Branches and extension counters across the country, as well as through I Connect – our Internet Banking facility. Also, Axis Bank can offer the facility to donate funds to your Trust through our Internet Banking facility I Connect to its customers. An Axis Bank customer can donate any amount to your Trust through the Internet. In such cases, the savings account of the customer gets debited and the savings account of your Trust gets credited with the amount of donation at the same time.At the end of every month, the Bank will provide an MIS giving details of the amount of donations and the name of donor. This will enable the Trust to issue receipts to the donors. Free Internet Banking facility that enables you to view the status of your account, transfer funds and carry out a numbe r of banking activities from the comfort of your home or office. * Investment Advice * Our Financial Advisory Desk will provide portfolio management advice as well as help you undertake investments. * Free Demat To facilitate your investments, we offer a free Demat Account (charges due to NSDL must still be levied) to our esteemed account holders in the Trust or Society segment. * Foreign Contribution (Regulation) Act [FCRA] accounts * The FCRA account enables approved organizations to receive foreign contributions for utilization in their activities in India. The Bank will provide assistance in the process of documentation and obtaining necessary approvals from Ministry of Home Affairs at New Delhi. 3. 4 CURRENT ACCOUNT INFORMATION 3. 4. 1 CHANNEL ONE: (FOR SUCCESSFUL BUSINESSES)The ‘Channel One’ Current Account is an effort in that direction where we take care of your day to day banking requirements leaving you with more time for your business. Channel One Current Acc ount is most appropriate choice of successful businesses. At a monthly Average Balance (MAB ) of Rs. 10 lack. FEATURES: 1. Relationship Manager. 2. Doorstep Banking. 3. Anywhere Banking. 4. Free Internet Banking. 5. Free 24 hour Tele banking. 6. Mobile Banking Service. 7. International debit card. 8. Cheque Protection Facility. 9. Free 24 – hour cheque deposited facility. 10. Payment of Government Taxes/ Dues. 11. Foreign exchange services. . 4. 2 BUILDERS AND REAL ESTATE: Axis Bank understands the increasing demands on businesses in this segment . Here’s presenting the Axis Bank Builder ; Real Estate Current Account a current account with unparalleled product features built to suit Builders ; Realtors exclusively. This account offers you unmatched convenience while adding financial value to your businesses spread over geographies. . At a monthly Average Balance (MAB) of Rs. 5 Lacks this account comes loaded with special facilities and benefits, most appropriate for yo ur business. FEATURES: 1. Home Branch Cash Deposit. 2. Non – Home Branch Cash Withdrawal. . Free Anywhere Banking. 4. Cluster facility. 5. Zero Balance account for Vendors and Suppliers. 6. Franking Facility. 7. Customer cheque printing. 8. Internet Banking. 9. Free 24-hour Phone banking. 10. Mobile Alerts. 11. ATM cum Debit Card. 12. Free Monthly Account Statement. 3. 5 TRAINING IN WHOLESALE BANKING OPERATION 3. 5. 1 CORPORATES Corporate Banking reflects Axis Bank's strengths in providing our corporate clients in India, a wide array of commercial, transactional and electronic banking products. We achieve this through innovative product development and a well-integrated approach to relationship management. Funded Services: Working Capital Finance, Bill Discounting, Export Credit, Short Term Finance, Structured Finance, Term Lending. * Non Funded Services: Letter of Credit, Collection of Documents, Bank Guarantees. * Value Added Services: Syndication Services, Real Time Gross Settlement, Cash Management Services, Corporate Salary Accounts, Reimbursement Account, Bankers to Right/Public Issue, Forex Desk, Money Market Desk, Derivatives Desk, Employees Trusts, Cash Surplus Corporate, Tax Collection * Internet Banking: Supply Chain Management, Corporate Internet Banking, Payment Gateway Services. 3. . 2 SMALL AND MEDIUM ENTERPRISES: At Axis Bank we understand how much of hard work goes into establishing a successful SME. We also understand that your business is anything but â€Å"small† and as demanding as ever. And as your business expands and enters new territories and markets, you need to keep pace with the growing requests that come in, which may lead to purchasing new, or updating existing plant and equipment, or employing new staff to cope with the demand. That's why we at Axis Bank have assembled products, services, resources and expert advice to help ensure that your business excels.Solutions are designed to meet your varying needs. The follo wing links will help you identify your individual needs. * Funded Services: Funded Services from Axis Bank are meant to directly bolster the day-to-day working of a small and a medium business enterprise. From working capital finance to credit substitutes; from export credit to construction equipment loan – we cater to virtually every business requirement of an SME. Click on the services below that best define your needs * Non-Funded Services: Under Non-Funded services Axis Bank offers solutions that act as a catalyst to propel your business.Imagine a situation where you have a letter of credit and need finance against the same or you have a tender and you need to equip yourself with a guarantee in order to go ahead. This is exactly where we can help you so that you don't face any roadblocks when it comes to your business. The following are the services that will precisely tell you what we can do Business Accounts, Letters of Credit, Collection of Documents, Axis Bank Trade, Guarantees, Cash Management Services, Money Market Desk, Derivatives Desk, Services to Cash Surplus Corporate, Services to Employee Trusts, Bankers to Rights/Public Issue, Tax Collection. Specialized Services: Axis Bank is one of the most trusted entities when it comes to specialized services like selling of precious metals to customers. Under specialized services you can also avail customized control of your value chain through our internet banking platform. * Value Added Services: There is a plethora of services that we offer under value added services. There's corporate salary account which ensures smooth payment methods to your staff. You can avail an assortment of credit cards and debit cards from our merchant services. The following are the highlights of this service:Real Time Gross Settlement, Reimbursement Account, Custody Services, Corporate Salary Accounts, Merchant Services, Axis Bank Gold Business Credit Card. * Internet Banking: Internet banking is a revolutionary servi ce under the banking sector and Axis Bank is a forerunner in providing you with this service. We provide state-of-the-art payment gateway services to industries and companies in order to ease transaction processing. This in turn enhances the credibility of your business and makes banking extremely cost-efficient. 3. 5. 3 GOVERNMENT SECTOR:Axis Bank acts as an active medium between the government and the customers by means of various services. These services include : * Tax Collection Where in customers can directly pay their taxes like Direct taxes, Indirect taxes and Sales Tax collections at their local Axis Bank * E-Ticketing Helps the customer by providing him a direct access to book a Railway Ticket online and get it home delivered * Opening of L/C's is done by the bank on behalf of Government of India, Mints and Presses, thus facilitating imports for the Government. * Collection of levies and taxes on behalf of Municipal Corporations i. . Kalyan -Dombivli Municipal Corporation, is undertaken by the Bank. * Collection of stamp duty is done via franking mode in the states of Maharashtra & Gujarat. The Stamp Duty Franking Facility is available at following branches in Maharashtra Fort, Chembur, Lower Parel, Mira Road, Thane (Talao Pali), Panvel, Ratnagiri, Pune (FC Road), Kolhapur, Nagpur, Pimpri. The Stamp Duty Franking Facility is available at following branches in Gujarat Ahmedabad (Navrangpura), Kutch (Mundra), Baroda (Gotri Road), Surat (Ring Road), Bhavnagar & Vapi (GIDC). Disbursement of Pension to retired Employees of Central Govt and Defence is directly done by Axis Bank along with the disbursement of pension to the members of EPFO (Employees Provident Fund Organization) * Electronic Collection of fees on behalf of DGFT is done by the bank too * Ministry of Corporate Affairs Collection of ROC fees for the Ministry through authorized Branches and Net Banking. * Collection of Property Tax through Selected Branches on behalf of Municipal Corporation of Delhi CHAPTER 4 DATA ANALYSIS & INTERPRETATION 4. 1 Analysis of QuestionnaireThe study was conducted and primary data was collected through questionnaire method. For this purpose, 100 respondents of the TANDA city were approached of 100% in the branch has been shown below: Q1 Customer having accou