Wednesday, October 30, 2019
The Role of Leader Essay Example | Topics and Well Written Essays - 1750 words
The Role of Leader - Essay Example Leadership even motivates the people to improve their performance related to work and creates a positive change within an organisation. Leadership provides a new way of thinking as well as generate new ideas for effectiveness of the organizations in relation to the attainment of the organisational objectives. Leadership generally aims to bring out the best in people to make them work better and achieve a common goal (The ASPIRA Association, n.d.) In addition, leadership can also be referred as a function of creating a vision in order to obtain the desired objectives of the organisation successfully by guiding the workforce, communicating and even building trust among them and the leader so that they can work better (Oklahoma State University, 2006). The main aim of this paper is to understand different theories of leadership and their application in the organisation. Furthermore this paper will also describe the different role and style of leaders. Theories of Leadership The role of every leader is different from one another. Leaders are often observed to develop their own style of leadership and follow different leadership theories according to the requirement of the situation that they need to face in their organisations. In this regards, various theoretical frameworks or theories have been developed which explains some of the major leadership traits possessed by leaders. A few of the theories are Great man theory, Trait theory, Contingency theory, Transformational theory, Behavioural theory, and Transactional theory. According to great man theory, it is believed the people are born to lead. Leaders develop their own leadership qualities. This theory includes the members of high personality, industrial heads. On the other hand, trait theory is quite similar to the great man theory. The theory emphasizes on physical traits, tasks assigned to the leader, and social as well as personal ability of the leader among others in order to explain the leadership style. However, the contingency theory is more progressive. As per the contingency theory, leadership style should be consistent with the situation faced by the organisation to achieve the goals and objectives. In transformational theory the leaders are often observed to build a trust amid the organisational participants, motivate and engage with subordinates to increase the morality of the followers as well as the leader. The leaders also help the followers to develop their potentials and satisfy their needs with the aim to attain the desired organisational goal (Transformational Leadership, 2010). In the similar context, behavioural theory attempts to highlight the effectiveness of a leader. The behavioural theory mainly focuses on the perceptions, actions, and activities of an individual while performing any task, based on previous experience. This theory is a type of mental understanding which facilitates the actions of an entity. This theory also helps an individual or leader to take accurate decisions, which would be beneficial in accomplishing the assigned duties. It measures the confidence level and loyalty of the leader that how well they can lead and execute strategies into actions. In this theory it is believed that one has to learn effective leadership as human beings are not born with the required qualities of a good leader and thus need to develop the leadership qualit
Monday, October 28, 2019
Theosophy Paper Essay Example for Free
Theosophy Paper Essay Theosophy can be described as a collection of beliefs that have been put together to guard mode of operation of the theosophical society. This collection of beliefs is basically man’s effort to understand God through meditation , acts of love towards others, intensive study about various issues as well as living a life that is pure. The origin of theosophy can be traced back to a strong desire for spiritual enlightenment that existed among ancient cultures and which has continued on into modern society giving rise to very many religious beliefs over the span of time. This society is a modern movement whose members have a common interest of discovering the truth and understanding the real meaning of life. The theosophical society is a worldwide body whose origin dates as far back as 1875 when a Russian native by name Hellena P Blavatsky together with others came together to set up a movement whose main goal was to unite the human race beyond the boundaries of race, colour or any opinions which put together form a set of rules that govern how people should live. They also had a great desire to study the origin of all religions and their commonality. Membership of this society comprises people from different world religions brought together by a common search for truth and members are required to observe total tolerance for all without partiality to those are not tolerant themselves. This creates a mood of universal brotherhood amongst the followers and enables them to sit at the same discussion forums irrespective of theirs religious or cultural differences (http://www.theosociety.org/pasadena/gdpmanu/ryan-wh/wit-hp.htm). About the founder            Helena Petrovna Blavatsky was born in 1831 in the town of Ekaterinoslav in southern Russia where she grew up. In her adult years, she became a very widely travelled woman visiting countries such as Greece, France, India, Japan, Turkey and Britain among others. Apart from being the founder of the Theosophical movement, she is also author of a book on theosophy known as ‘The Secret Doctrine’. The main aim of her writings was to introduce various religious beliefs and philosophies found in Eastern religions to the West and through these writings try to integrate the two. A great part of her teachings have been derived from knowledge imparted on her by her masters; great teachers that she came into contact in the course of her travels in the East. Her teachings have greatly influenced the minds of men and women the world over as they engage in a continuous search for truth. It is these same masters who ordered her to travel to America where together with others who were engaged in the search for truth, they founded the theosophical society. H. P. Blavatsky died in London in 1891having established a worldwide movement of followers that have been committed to following her teachings (Charles Webster). About Theosophy            Theosophy does not hold any doctrine or opinion that should be followed by its members and no one is allowed to impose their beliefs, teachings of opinions on the other members. Members are encouraged to put others into consideration when expressing their thoughts although they have the liberty to do so. Theosophy preaches that there’s nothing within nature that happens by chance but that the universe has pre-set laws that determine how everything operates. The system also advocates that all human beings have a spiritual nature that never dies out and the aspect that dies out that constitutes the physical, emotional and mental nature of man. Theosophy gives detailed information about the creation of the universe and the human race. The universe is said to originate from some infinite unknown source and to this source it must also return. The various origins of creation given by different world religions are analysed critically to show their contradictions while at the same time relating all these religions to a common origin which is the wisdom religion. Followers of this doctrine are encouraged to critically examine their beliefs and point out the differences in their varied religious beliefs. Theosophy is the only movement that places great responsibility on each of its followers about examining their own beliefs. Members are required to come together into one large organisation based on universal brotherhood through exchanging ideas about their different religions, different views about science and their different understandings about philosophy. Philosophically, theosophy tries to explain the connection between the soul and the solar system. Religiously, it tries to design a direct path to achieving spiritual goals and scientifically, theosophy treats philosophy and religion as aspects of life that can only be understood through intensive search of knowledge which comes from religious study and research (Charles Webster). Theosophy verses religion            Theosophy is not a religion as the movement has no common beliefs or the worship of a common deity. Members trace their origins to very different religious backgrounds and when they meet, it is for the sole purpose of discussions on various issues or books that they have read in the course of their study. Through theosophy, members are taught that their religious background is not vital because all religions can be traced back to one common source. When an individual joins the theosophical movement, they have the privilege to maintain their present religion in the course of their study of theosophy as this is supposed to help them discover the common factor about all beliefs. All have the right to believe what they choose to believe in and no member is allowed to impose their beliefs on another with the intention of converting them.            Theosophy on the other hand can in itself be described as true religion as it gives every member the freedom to accept or reject any ideas read or put forward to them depending on the valuation that they give to the subject. The sole purpose of theosophy is to bridge the gap that exists between science and religion by explaining how each of these two aspects are interrelated. Religiously, these teachings try to explain the life’s main purpose, philosophically tries to explain why things are the way they are and scientifically how nature works (Pavri P.). Principles that govern theosophy            There are seven basic rules or principles that govern theosophy the first and foremost being the principle of reincarnation or rebirth. This principle explains that nature operates through a system of cycles that keep repeating themselves for example the seasons of the year, the revolution of the planets around the sun as well the birth, maturity and death of ideas to name but a few. Theosophy is also governed by the law of Karma that states that for every reaction, there must be an action meaning that for every input, there is an output of that there must be a source in order to get a result.            The doctrine of hierarchies is yet another principle that governs theosophy. This principle explains that nature operates through a system of hierarchies that are all inter-related for example the interdependence of all organs of the human body or the system of government in any society. Theosophy goes on to give another principle that emphasizes on the uniqueness of character in every living thing. This principle tries to explain why every being or thing behaves in the manner that it does. The principle of evolution adds to the list of principles and this one explains the progressive nature of evolution that finally reaches a certain limit that requires the subject in question to move up to another level.       There is also the principle of interaction that tries to relate the interaction of the mind and the physical to give either positive or negative results. Theosophy also tries to understand and teach about the foundation of human life or basically, its origin (http://www.theosociety.org/pasadena/gdpmanu/ryan-wh/wit-hp.htm). Theosophy and modern society            Human beings are bound to differ and what may begin as on united movement of group often disintegrates to give rise to various branches and sub-branches. Naturally, human beings are bound to differ over various ideas and norms depending on the place of their origin and such differences will certainly cause any movement to drift apart. It is this characteristic of human nature that has given rise to a diversity of religions and religious sects. Despite the effort made through theosophy to unite these world religions into a common search for truth, the theosophical movement itself has not been exempted from this concept of disagreements. As a result very many branches claiming to base their teachings on theosophy have come the whole world over. The idea of universal brotherhood however remains a common factor that unites all these groups as well as others in their endless search for truth.            The extent to which the movement has succeeded in uniting people is a topical issue. We are still living in a world that is deeply characterised by hatred and causing terror to one another. Nation is fighting against nation as each tries to impose its ideals on the other and even different societies within the same nation are constantly fighting amongst themselves. It is an end to such mayhem that theosophy tries to seek a solution by encouraging its followers to place great emphasis on an inner discernment of issues and rely heavily on ones own strength.  Because of man’s tendency to make mistakes in the course of his endeavours, the teachings of karma are emphasized. These teachings provide every member with extensive opportunity to learn new things and gain more experience while at the same time critically comparing various issues that com up in the course of learning. The karma helps those who practice it to deviate from a personal analyses of issues and encourages them to view things from a broader perspective as it is from such a deep search for truth that they can gain new strength.  Whether the spirit of universal brotherhood has succeeded in uniting people in modern day society is a very topical issue. Perhaps theosophy has suffered the same problems suffered by world religions; the lack of commitment to a chosen course. Maybe member meet together because it is yet another movement that sounds interesting and worth finding about and the story ends there (Pavri P.). Conclusion            Theosophy even though not a religion can be described as the true religion in that it its followers have been given the leeway to choose or reject anything depending on their personal valuation and subsequent conviction about any issue that crosses their path of thinking. It directs its followers on various ways of achieving higher levels of spirituality in their lives. According to theosophists, this world is the best place to live in and all resources must be used with all form of wisdom, given value and treated with great respect as a means of deriving satisfaction from life. It is only if man attaches great respect to the environment that he is living in and takes every responsibility to preserve nature and make it a better place that a change for the better can be evident in man. Theosophy explains that different human beings are not in reality different but that they are only different expressions of the same life and this therefore requires every human being to take full responsibility of themselves. According to theosophy, all humans should live harmoniously in their bind to teach others how they should live by setting good examples to them and speaking moderately. The aspect of combining religion and philosophy in the search for the real meaning of life makes it a scope of great criticism from those that have failed to find answers to their problems in theosophy and all those others that are opposed to occultism and spiritualism (Pavri P.). Works cited Ryan Charles J. What is Theosophy? A General View for Inquirers http://www.theosociety.org/pasadena/gdpmanu/ryan-wh/wit-hp.htm Charles Webster A Textbook of Theosophy Published 2007 Leadbeater Cosimo, Inc. Pavri P. Theosophy Explained in Questions and Answers Published 2005 Kessinger Publishing Bloomfield Maurice The Religion of the Veda the Ancient Religion of India Published 2005
Saturday, October 26, 2019
Integrating Technology in the Language Arts Classroom Essay -- Teaching
Integrating Technology in the Language Arts Classroom School leaders today are under extreme pressure to improve student achievement levels. Yet, in the face of tight budgets, threats to cut extra-curricular activities, and an extensive shortage of textbooks in the schools, exactly what are teachers supposed to do to ensure that â€Å"no child is really left behind.†Despite what looks like a dead end, there is hope. By integrating the usage of technology in the Language Arts classroom, students are presented with a wide range of opportunities for improving in writing, literacy, and cultural awareness. According to the article, â€Å"Are we there yet?†a survey issued by the National School Boards Foundation says that many schools nationwide have made great progress in connecting classrooms to the Internet. Yet, this is not exactly enough. Today, the focus must be on integrating this technology as an integral tool for instruction and administration, not as just an extra â€Å"if-time†activity. By doing this, the core educational priorities that are set by the federal, state, and local governments will match the goals, interests, and objectives of students in diverse learning communities. In addition to this, the usage of technology is viewed by parents to have a positive impact in children’s lives. Although parents understand that there are dangers associated with the Internet, they mostly believe that the positive implications for it are much stronger. For school leaders, however, the correct installments of filters, firewalls, and honor codes are the only p rotections that they have against providing students with more positive than negative images. Having said all of this, what are technologies implications for improving the La... ...thers, they will develop a more complete sense of themselves and the world around them at the same time. In conclusion, technology in the Language Arts classrooms will provide students and teachers with a wide array of opportunities and options for broadening instruction and assessments. Increased usage of technology will act as a supplement for traditional instruction, and thus strengthen the effect that it will have in the lives of students everywhere. Therefore, where there are tight budgets, and shortage in textbooks, the usage of technology gives communities hope and a stronger belief that no child will be left behind. Works Cited â€Å"Are we there yet?†http://www.nsbf.org/thereyet/fulltext.htm â€Å"A Friend for the Language Arts.†www.electronic-school.com/0198f4.html â€Å"Using Virtual Learning Space to Promote Multiculturalism†http://www.techlearning.com
Thursday, October 24, 2019
Hdfc Bank Essay
The first modern bank was founded in Italy in Genoa in 1406, its name was Banco di San Giorgio (Bank of St. George). Many other financial activities were added over time. For example banks are important players in financial markets and offer financial services such as investment funds. In some countries such as Germany, banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of cross share holding entity known as zaibatsu. In France â€Å"Bancassurance†is highly present, as most banks offer insurance services (and now real estate services) to their clients. 1.2 DEFINITION: The definition of a bank varies from country to country. Under English law, a bank is defined as a person who carries on the business of banking, which is specified as: †¢ Conducting current accounts for his customers †¢ Paying cheques drawn on him, and †¢ Collecting cheques for his customers. 1.3 OBJECTIVE OF THE STUDY: The Objective of this on the job training is to study the importance of the potential customers and their value to the bank and creating the awareness among them about the importance of current accounts and keep a good relationship with them for the bank’s benefit. 1.4 ORIGIN OF THE BANK: The name bank derives from the Italian word banco â€Å"desk/bench†, used during the Renaissance by Florentines bankers, who used to make their transactions above a desk covered by a green tablecloth. However, there are traces of banking activity even in ancient times. In fact, the word traces its origins back to the Ancient Roman Empire, where moneylenders would set up their stalls in the middle of enclosed courtyards called macella on a long bench called a bancu, from which the words banco and bank are derived. As a moneychanger, the merchant at the bancu did not so much invest money as merely convert the foreign currency into the only legal tender in Rome- that of the Imperial Mint. 1.5 PRESENT STATUS OF THE BANK: Worldwide assets of the largest 1,000 banks grew 15.5% in 2005 to reach a record $60.5 trillion. This follows a 19.3% increase in the previous year. EU banks held the largest share, 50% at the end of 2005, up from 38% a decade earlier. The growth in Europe’s share was mostly at the expense of Japanese banks whose share more than halved during this period from 33% to 13%. The share of US banks also rose, from 10% to 14%. Most of the remainder was from other Asian and European countries. . The US had by far the most banks (7,540 at end-2005) and branches (75,000) in the world. The large number of banks in the US is an indicator of its geography and regulatory structure, resulting in a large number of small to medium sized institutions in its banking system. Japan had 129 banks and 12,000 branches. In 2004, Germany, France, and Italy had more than 30,000 branches eachâ€â€more than double the 15,000 branches in the UK. 1,6 FUTURE OF THE BANK : The future is integration as people will have less time for banking. People will want to process more transactions on the Internet. There will be more activity in terms of applications and services on the mobile. Geography will not be an inhibitor any more as everything is executable on the Net. â€Å"Integration is the next real big thing. As a customer you will want a one-stop shop that will take care of all your needs. For instance people will want to buy their mutual funds, redeem their mutual fund, buy insurance policies, renew policies, buy cinema tickets, railway tickets, and numerous similar transactions through the bank. The ATM will still serve as a cash dispensing medium, but the Internet and mobile will be very active†. [pic] 2.1 ORIGIN OF THE ORGANIZATION : H.D.F.C was set up on 17th October, 1977 by I.C.I.C.I. out of the consideration that a specialized institution was needed to channel household savings as well as funds from the capital market into the housing sector. H.D.F.C. has emerged as the largest mortgage finance institution in the country. The main objective of H.D.F.C. is to develop significant expertise in retail mortgage loans to different market segments and to have a large corporate client base for its housing related credit facilities. The main aim of H.D.F.C. is to support or aid in the promotion of home ownership. H.D.F.C. is India’s leading housing finance company and for all practical purposes is synonymous with the domestic housing finance industry. The primary objective of H.D.F.C is to enhance residential housing stock and promote home ownership. One of its major objectives is to increase flow of resources for housing through the integration of housing financial institutions with the domestic market. H.D.F.C. has developed a strong market reputation large shareholder base and unique consumer franchise. H.D.F.C. is India’s premier housing finance company in India as well as in international markets. It has maintained a consistent and healthy growth in its operations to remain the clear market leader in mortgages in India. The company has been constantly engaged into innovation and innovative practices since its birth. 2.2 GROWTH AND DEVELOPMENT OF THE ORGANIZATION: HDFC Bank reported a 43 percent growth in net profit at Rs.75.5 crore for the third quarter ended December 31, 2001, as against Rs 52.8 crore in the corresponding quarter previous fiscal. The jump in net profit was primarily due to other income which almost doubled to Rs 85.5 crore from Rs 47.5 crore. Speaking to analysts at a conference call today, January 15, 2002, Paresh Suthankar, head – credit risk and investments, reiterated the bank’s earlier guidance of a 25-30 per cent compounded annual growth rate (CAGR) in its top line for the next two to three years. The bank does not see any reason to revisit its guidance and stands by it. It expects the projections to hold true as long as the market environment is relatively stable and does not move to an extreme of either a boom or a total bottoming out. The bank is open to acquisitions as a vehicle of growth, but any growth via acquisitions would be over and above its projected growth rate of 25-30 per cent. At present, it is not working on any deal but there are acquisition prospects in the Indian scene, giving rise to opportunities for inorganic growth. The bank’s exposure to capital markets is around 6-7 per cent, against the Reserve Bank of India (RBI) norms of 5 per cent. The bank expects to bring it down to within the stipulated limit by the end of this fiscal. The bank has made a lot of headway in its retail thrust with retail accounts going up to 1.9 million from 1.4 million a year back. The branch network now stands at 147 outlets in 63 cities and the ATM network at 360 compared to 231 ATMs as on March 31, 2001. The debit card base is at six lakh. On the advances side, car loans have really picked up and now form almost 50 per cent of the total retail advances, with the remaining being accounted for by loan against securities and other loans. In fact in case of car loans, the bank now covers around 30 cities against just eight-nine a year back. 2.3 PRESENT STATUS OF THE ORGANIZATION: HDFC Bank Limited provides various financial products and services. It operates in three segments: Personal Banking, NRI Banking, and Wholesale Banking. The Personal Banking segment provides savings, and current and fixed deposit accounts. It also offers personal, home, two wheeler, new car, used car, gold, education, healthcare, commercial vehicle, working capital, construction equipment, and warehouse receipt loans. In addition, this segment provides safe deposit lockers; credit, debit, and prepaid cards; mutual funds, general and health insurance, bonds, and equities and derivatives products; and forex and payment services. The NRI Banking segment’s deposit products include rupee savings accounts, rupee current accounts, rupee fixed deposits, foreign currency deposits, and accounts for returning Indians. Its loan products comprise home loans, loans against securities, loans against deposits, and gold credit cards. The Wholesale Banking segment offers funded services, which consist of working capital finance, short term finance, bill discounting, and export credit; and non-funded services, such as letters of credit, bank guarantees, and collection of documents to corporations, and small and medium enterprises. It also various services to banks, financial institutions, mutual funds, stock brokers, insurance companies, commodity businesses, and trusts. As of March 31, 2008, it had a network of 761 branches and 1,977 automated teller machines in 327 cities in India. [pic] 2.4 FUNCTIONAL DEPARTMENT OF THE ORGANIZATION: HDFC Bank Limited is located in New Friends Colony, New Delhi. This organization Includes functional departments as follows: 1. Current Account Department 2. Saving Account Department 3. Trade Department 4. Salary Department 5. Cash Department 6. Demat Account Department 2.5 ORGANIZATION STRUCTURE AND CHART: [pic] 2.6 PRODUCT AND SERVICE PROFILE OF THE ORGANIZATION: HDFC Bank mainly provides three kinds of banking services: †¢ Personal Banking †¢ NRI Banking †¢ Wholesale Banking The following are the products and services provided by the HDFC bank HDFC Bank provides loans like Personal Loans , Home Loans , Educational Loans , Two Wheeler Loans , New car Loans, Used Car Loans, Overdraft Against Car, Express Loans, etc. HDFC Bank provides Credit, Debit and Prepaid Cards to help you meet your financial objectives. HDFC Bank provides facilities like Mutual Funds, Insurance, General & Health Insurance, Bonds, Financial Planning, Knowledge Center, Equities & Derivatives, and Mudra Gold bar. If you need to deal in foreign currency and keep tabs on exchange rates every now and then, transfer funds to India, make payments etc., HDFC Bank has a range of products and services that you can choose from to transact smoothly, efficiently and in a timely manner. With HDFC Bank’s payment services, you can bid goodbye to queues and paper work. HDFC’s range of payment options make it easy to pay for a variety of utilities and services. HDFC Bank provides many typ es of accounts like: †¢ Saving Account †¢ Current Account †¢ Demat Account †¢ Salary Account HDFC Bank has designed two programs to make banking easier for the customers and they are †¢ HDFC Bank Preferred Programme †¢ HDFC Bank Classic Programme. HDFC Bank offers Private Banking services to high net worth individuals and institutions. HDFC Bank offers you quick, economical and convenient options to remit and transfer funds to India. Corporate Banking reflects HDFC Bank’s strengths in providing our corporate clients in India, a wide array of commercial, transactional and electronic banking products. HDFC Bank acts as an active medium between the government and the customers by means of various services. 2.7 CURRENT ACCOUNT IN DETAIL: Features & Benefits: [pic]Free Account to account funds transfer between HDFC Bank accounts Free payment and collection through RTGS. Free payment and collection using NEFT (through Net banking) Free up to 50 Demand Drafts per month and can be issued from any HDFC Bank Branch Free up to 50 Pay Orders (PO) per month and can be issued from any HDFC Bank Branch. Free anywhere collection & payment transactions (clearing) within HDFC Bank branch network (except Dahej), up to Rs.100 lacs per month. Convenience to withdraw & deposit cash at all our branches* Free 300 â€Å"At Par†cheques leaves per month. Register for InstaAlert service and receive updates on your account as and when the select transaction happens – all this without visiting the branch or ATM! HDFC Bank offers you Doorstep Banking*, a channel, which is convenient, secure and hassle-free. Now, you can enjoy the benefits of banking right at your doorstep. The Bank will arrange to render the services like Cash & Cheque Pickup and Cash Delivery, through a reputed agency. Enjoy facilities like 24-hour Phone Banking, Net Banking and Mobile Banking that helps you check your balance & transaction details, find out the status of your cheque or stop cheque payment. Fees & Charges for Plus Current Account: Minimum Balance (Average Quarterly Balance)â€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Rs. 100,000/- Non-Maintenance Charges per quarterCharge of Rs.6,000/- per quarter, if AQB is less than Rs.50,000/- Charge of Rs.1, 500/- per quarter, if AQB is less than Rs. 100,000/- but > = Rs. 50,000/- Cheque Book Charges (Issued by Bank)â€â€Ã¢â‚¬â€-Payable-at-par Free 300 cheques leave per month. Charges Rs 2/- per leaf beyond 300 leaves Remittance facility through own Bank: Demand Drafts (DD) payable HDFC Bank Locations (Issued from any branch) / Duplicate DDFree up to 50 DDs per month. Above 50 transactions, charges @ Rs. 25/- per Demand draft Pay Orders (PO) – on HDFC Bank Locations (Issued from Any Branch) / Duplicate PO Free up to 50 POs per month. Above 50 transactions, charges @ Rs. 25/- per Pay-order Issuance of DD/ PO through Phone BankingAll standard charges for DD / PO are applicable as above. Only DD / PO amount up to Rs 500,000/- are accepted at Phone banking. DD/PO-Cancellation/RevalidationRs.50/- per instrument NEFT/EFT Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free RTGS Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Local Transactions (At home branch location) : Local cheques collections & paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Account to Account Fund Transfer within HDFC Bank- â€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree Anywhere Transactions (except Dahej) Account to Account Fund Transfer within HDFC Bank-Free Payments & Collections at HDFC Bank Locations-Free up to Rs.100 lacs per month, beyond which charges @ Rs. 0.50/1000, min Rs. 25 Bulk Transaction ChargesAll transactions are subject to a maximum of 250 transactions per month, beyond which charges @ Rs.5/- per transaction would be levied. Includes all Local / Anyhwere clearing and transfer transactions Remittance facility through other Bank: Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tieup)Rs.2.00 per Rs.1000/- Minimum Rs.50/- DD-Cancellation / Revalidationâ€â€-Rs.50/- per instrument Cheque Collection: Outstation through own bankâ€â€Ã¢â‚¬â€Collection: Free, only courier charges of Rs 20 per instrument Outstation through another bank (Correspondent bank locations) : Rs.4/- per Rs.1,000/-, min Rs.50/-For Clean locations (non-correspondent bank locations) & Non-MICR Cheques: Rs.6.5/- per Rs.1,000/-, min Rs 50 (inclusive of courier charge of Rs 25) Cash Transactions : 1. Cash Deposit Cash Deposit-Home Branch Locationâ€â€-Free up to Rs.10 lacs per month or 50 transactions which ever is lower, Deposit in excess of Rs.10 lacs or 50 transactions will be charged @ Rs.2/- per Rs.1,000/-, minimum Rs.50/-. (Cash deposit at non-home branches within home-branch city subject to limit of Rs.100, 000/- per account per day) Cash Deposit -Non Home locationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€œMaximum Rs.100, 000/- per day. Charges @ Rs. 3/1000, min Rs. 50 2. Cash Withdrawal Cash Withdrawal-Home Branchâ€â€Free at Home Branch Cash Withdrawal-Non Home Branch-Intercity & Intracityâ€â€Ã¢â‚¬â€Free up to Rs.50,000/- per day, beyond which charges @ Rs.2/1000, min Rs.50/- (Only for incremental amount), Third party cash withdrawal allowed only up to maximum Rs. 50,000/- per transaction. Features & Benefits [pic]Free Account to account funds transfer between HDFC Bank accounts. Free RTGS/NEFT Transactions. Free up to 30 Demand Drafts (DD) per month and can be issued from any HDFC Bank Branch. Free up to 30 Pay Orders (PO) per month and can be issued from any HDFC Bank Branch. Free anywhere collection & payment within HDFC Bank branch network (except Dahej), up to Rs.50 lacs per month. Convenience to withdraw & deposit cash at all our branches* Free 200 â€Å"At Par†cheque leaves per month. Register for InstaAlert service and receive updates on your account as and when the select transaction happens – all this without visiting the branch or ATM! Fees & Charges for Trade Current Account [pic]Description of Charges Minimum Balance (Average Quarterly Balance) â€â€Ã¢â‚¬â€-Rs. 40,000/- Non-Maintenance Charges per quarterâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Charge of Rs.1,200/- per quarter, if AQB is less than Rs.40,000/- Cheque Book Charges (Issued by Bank) â€â€Ã¢â‚¬â€Ã¢â‚¬â€-Payable-at-par 200 cheques leave Free per month. Charges Rs 2/- per leaf beyond 200 leaves Remittance facility through own Bank Demand Drafts (DD) payable HDFC Bank Locations (Issued from any branch) / Duplicate DD Free up to 30 DDs per month. Above 30 transactions, charges @ Rs. 25/- per Demand draft Pay Orders (PO) – on HDFC Bank Locations (Issued from Any Branch) / Duplicate PO Free up to 30 POs per month. Above 30 transactions, charges @ Rs. 25/- per Pay-order Issuance of DD/ PO through Phone Banking All standard charges for DD / PO are applicable as above. Only DD / PO amount up to Rs. 500,000/- are accepted at Phone banking. DD/PO-Cancellation/Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Rs.50/- per instrument NEFT/EFT Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree RTGS Transactions : Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree Local Transactions (At home branch location) Local cheques collections & paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Account to Account Fund Transfer within HDFC Bank â€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Anynhwere Transactions (except Dahej) Account to Account Fund Transfer within HDFC Bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Payments & Collections at HDFC Bank Locationsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free up to Rs.50 lacs per month, beyond which charges @ Rs. 0.50/1000, min Rs. 25 Bulk Transaction Charges All transactions are subject to a maximum of 150 transactions per month, beyond which charges @ Rs.5/- per transaction would be levied. Includes all Local / Anywhere clearing and transfer transactions. Remittance facility through other Bank Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tie up) â€â€Ã¢â‚¬â€œRs.2.00 per Rs.1000/- Minimum Rs.50/- DD-Cancellation / Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Rs.50/- per instrument Cheque Collection Outstation through own bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œRs. 0.50/1000, min Rs. 25 per instrument Outstation through another bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€-Correspondent bank locations: Rs.4/- per Rs. 1, 000/-, min Rs.50/-For Clean locations (non-correspondent bank locations) & Non-MICR Cheques: Rs.6.5/- per Rs.1,000/-, min Rs 50 (inclusive of courier charge of Rs 25) Cash Transactions 1. Cash Deposit Cash Deposit-Home Branch Location Free up to Rs.5 lacs per month or 40 transactions which ever is lower, Deposit in excess of Rs.5 lacs or 40 transactions will be charged @ Rs.2/- per Rs.1,000/-, minimum Rs.50/-. (Cash deposit at non-home branches within home branch city subject to limit of Rs. 50,000/- per account per day) Cash Deposit -Non Home location Maximum Rs.50, 000/- per day. Charges @ Rs. 3/1000, min Rs. 50 2. Cash Withdrawal Cash Withdrawal-Home Branch Free at Home Branch Cash Withdrawal-Non Home Branch-Intercity & Intracity Free cash withdrawals up to Rs.50, 000/- per day, beyond which charges @ Rs.2/1000, min Rs.50/- (Only for incremental amount), Third party cash withdrawal allowed only up to maximum Rs. 50,000/- per transaction. HDFC Bank Trade offers you a host of features that sets it apart from regular Current Accounts that most banks offer. They are: Free inter-city clearing between HDFC Bank branch locations (except Dahej) up to Rs.50 lakhs per month. Free Accounts to account funds transfer between HDFC Bank accounts, inter-city. Free up to 30 Pay-orders per month. Free up to 30 demand-drafts per month. Free RTGS & NEFT Transactions. Features & Benefits Free anywhere collection & payment within HDFC Bank branch network (except Dahej), up to Rs.25 lacs per month, incremental amount to be charged @ Rs.1.50 per Rs.1,000/-, min Rs.25/- Free NEFT Transactions. Free RTGS collection. RTGS payment @ Rs.100/- per transaction. Inter-city Account to accounts funds transfer between HDFC Bank accounts at a nominal charge of Rs.15/- per transactions. Free Demand Drafts (DD) above Rs.100,000/-. Demand drafts up to Rs.50,000/- at flat cost of Rs.40/-. DDs above Rs.50,000/- & up to Rs.100,000/- at nominal cost of Rs.25/- and can be issued from any HDFC Bank Branch . Free Pay Order (PO) above Rs.100,000/-. Pay Order up to Rs.50,000/- at flat cost of Rs.40/-. POs above Rs.50,000/- & up to Rs.100,000/- at nominal cost of Rs.25/- and can be issued from any HDFC Bank Branch . Free 100 â€Å"At Par†cheque leaves per month Register for InstaAlert service and receive updates on your account as and when the select transaction happens – all this without visiting the branch or ATM! Fees & Charges for Premium C/A Description of Charges Minimum Balance (Average Quarterly Balance) â€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Rs. 25,000/- Non-Maintenance Charges per quarterâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œCharge of Rs.900/- per quarter, if AQB is less than Rs.25, 000/- Cheque Book Charges (Issued by Bank) Payable-at-parâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€100 cheques leaves Free per month. Charges Rs 2/- per leaf beyond 100 leaves Other Current Account facilities Issue of Duplicate / Adhoc Statement Branch: Rs 100/- per statement * Phone Banking: Rs 50/- per statement (Non IVR) and Rs 30/- per statement (IVR) Net Banking: Rs 30/- per statement ATM & Mobile Banking: Rs 50/- per statement. Mode of calculation of minimum average quarterly balance Average of daily closing balances of each day spread over a period of three months. Remittance facility through own Bank Demand Drafts (DD) payable HDFC Bank Locations (Issued from any branch) / Duplicate DD DD Amount Up to Rs. 50,000 charges Rs. 40/- per DD, Above Rs. 50,000 and up to Rs. 100,000- Rs. 25/-, Above Rs. 100,000- Free Pay Orders (PO) -on HDFC Bank Locations (Issued from Any Branch) / Duplicate PO PO amount Up to Rs. 50,000 charges Rs. 40/- per PO, Above Rs. 50,000 and up to Rs. 100,000 – Rs. 25/-, Above Rs. 100,000- Free Issuance of DD/ PO through Phone Banking: All standard charges for DD / PO are applicable as above. Only DD / PO amount up to Rs 500,000/- are accepted at Phone banking. DD/PO-Cancellation/Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Rs.50/- per instrument NEFT/EFT Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free RTGS Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œRs. 100/- per transaction Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Local Transactions (At home branch location) Local cheques collections & paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Account to Account Fund Transfer within HDFC Bank â€â€Ã¢â‚¬â€-Free Anywhere Transactions (except Dahej) Account to Account Fund Transfer within HDFC Bank Rs.15/- per transaction Payments & Collections at HDFC Bank Locations Free up to Rs. 25 lacs per month, Charges at Rs.1.50/1000, min Rs. 25 Bulk Transaction Charges: All transactions are subject to a maximum of 100 transactions per month, beyond which charges @ Rs.5/- per transaction would be levied. Includes all Local / Anywhere clearing and transfer transactions. Remittance facility through other Bank: Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tie up) â€â€Ã¢â‚¬â€-Rs.2.00 per Rs.1000/- Minimum Rs.50/- DD-Cancellation / Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Rs.50/- per instrument Cheque Collection: Outstation through own bank Rs.2.50 per Rs.1, 000/- for Cheques drawn on HDFC Bank Locations, min Rs. 50 per instrument. Outstation through another bank Correspondent bank locations: Rs.4/- per Rs.1, 000/-, min Rs.50/-For Clean locations (non-correspondent bank locations) & Non-MICR Cheques: Rs.6.5/- per Rs.1, 000/-, min Rs 50 (inclusive of courier charge of Rs 25) Cash Transactions 1. Cash Deposit Cash Deposit-Home Branch Location Free up to Rs.3 lacs per month or 25 transactions which ever is lower, Deposit in excess of Rs.3 lacs or 25 transactions will be charged @ Rs.2/- per Rs.1,000/-, minimum Rs.50/-. (Cash deposit at non-home branches within home branch city subject to limit of Rs. 25,000/- per account per day) Cash Deposit -Non Home location Maximum Rs.25, 000/- per day. Charges @ Rs. 3/1000, min Rs. 50 2. Cash Withdrawal Cash Withdrawal-Home Branchâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free at Home Branch Cash Withdrawal-Non Home Branch-Intercity & Intracity Free cash withdrawals up to Rs.25,000/- per day, beyond which charges @ Rs.2/1000, min Rs. 50/- (Only for incremental amount), Third party cash withdrawal allowed only up to maximum Rs.50,000/- per transaction. With HDFC Bank Flexi Current Account your Cash Deposit and Anywhere Transaction limits are a multiple of the balance you maintain in your Current Account. So, during peak seasons, you get the benefit of higher transaction limits due to the higher average balances maintained in your account. What’s more, during lean seasons, you need not bother about maintaining huge balances to enjoy high transaction limits, which you anyway may not need. Flexi Current Account requires you to maintain a minimum Average Monthly Balance (AMB) of just Rs. 75,000. Features & Benefits Enjoy dynamic free limits on Intercity Payments, Collections & Funds Transfer as well as Cash Deposit at home location branches based on the AMB maintained* For example, you maintain an AMB of Rs.2,00,000/- in a particular month. Your dynamic free transaction limits for that month would be as per the following table: [pic] Transactionâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Dynamic Free Limits* Cash Deposit at Home Branch Location Anywhere Payments, Collections & Funds Transfer (except Dahej) Free up to Rs.1, 00, 00,000/- in that particular month Pay your vendors on a real time basis using Real Time Gross Settlement (RTGS) available across 23,000 Bank Branches*. What’s more, payments and collections through RTGS are completely free! Make and receive remittances to & from your vendors & customers across 20,000 + Bank Branches of more than 50 Banks through Net Banking using National Electronic Fund Transfer (NEFT), Absolutely Free! Free 40 Demand Drafts & Free 40 Pay Orders issued from any HDFC Bank Branch* Convenience to withdraw and deposit cash at all our branches*. Competitive pricing on Demand Drafts drawn on Correspondent Banking Locations as well as Outstation Cheque Collection at HDFC Bank Locations InstaAlert service – receive updates on your account as and when the select transaction happens – all this without visiting the Branch or ATM! The top position is always the coveted position. With the Apex current account, take your business to a new high. On maintaining an average quarterly balance of Rs. 10 lakhs, this account makes sure you make the most of every business opportunities coming your way. Unlimited, free, anywhere Banking experience at the APEX is reserved for you. Features & Benefits Maximum transactional benefits with faster mobilization of funds Average quarterly balance requirement of Rs. 10, 00,000/- Access to more than 750 branches Huge cost savings in inter-city transactions for payable-at-par cheque issuance, funds transfers, NEFT, RTGS or Demand Draft / Pay Order Faster collection of outstation cheques Free Intercity Cheque Collection & Payments within HDFC Bank Network (excluding Dahej). Free Account to Account funds transfer between HDFC Bank accounts. Free payment and collection through RTGS Free payment and collection using NEFT (through NetBanking) Free Demand Drafts which can be issued from any HDFC Bank branch Free Pay Orders which can be issued from any HDFC Bank branch Convenience to withdraw and deposit cash at all our branches* Free Cash Deposit up to Rs. 100 lacs per month across all home branches (subject to a maximum of 50 transactions per month and a per day limit of Rs.1,00,000/- on cash deposit at a non home branch) Choice of local / Payable at Par Cheques. Free 500 leaves per month Register for InstaAlert service and receive updates on your account as and when the select transaction happens – all this without visiting the branch or ATM! . Fees and Charges for Apex Current Account:[pic] Minimum Balance (Average Quarterly Balance)Rs. 10, 00,000/- per quarter Non-Maintenance Charges per quarter:Charge of Rs.5,000/- per quarter if AQB is less than Rs.10,00,000 but greater than or equal to Rs. 5,00,000/-; Rs.10,000/- per quarter if AQB is less than Rs. 5,00,000/- Cheque Book Charges (Issued By Bank) â€â€Ã¢â‚¬â€Ã¢â‚¬â€œPayable-at-par 500 cheque leaves free per month. Charges Rs 2/- per leaf beyond 500 leaves Other Current Account Facilities Issue of Duplicate / Adhoc StatementRs. 100 at Branch, Rs. 30 per statement through Net Banking and Phone Banking (IVR), Rs. 50 per statement through Phone Banking (non-IVR), ATM and Mobile Banking Mode of calculation of minimum average quarterly balanceAverage of daily closing balances of each day spread over a period of three months Remittance facility through own Bank Demand Drafts (DD) Payable at HDFC Bank Locations (Issued from Any branch)/ Duplicate DDFree without limit Pay Orders (PO) – on HDFC Bank Location (Issued from Any branch)/ Duplicate PO Free without limit Issuance of DD / PO through Phone Bankingâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free without limit Only DD amount up to Rs. 5, 00,000 for Current Apex Account holders accepted at Phone Banking DD/PO-Cancellation/Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Rs.50/- per instrument NEFT/EFT Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free RTGS Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Local Transactions (At home branch location) Local cheques collections & paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Account to Account Fund Transfer within HDFC Bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Anywhere Transactions (except Dahej) Account-to-Account Fund Transfer within HDFC Bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Clearing Transactions-Collections &Payment at HDFC Bank locationsâ€â€-Free Bulk Transaction Charges: All transactions are subject to a maximum of 500 transactions per month, beyond which charges @ Rs.5/- per transaction would be levied. Includes all Local / Anywhere clearing and funds transfer transactions. Remittance facility through other Bank Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tie up)â€â€Ã¢â‚¬â€Ã¢â‚¬â€-Free up to Rs 15 Lacs per month, beyond which charges of Rs. 1.50 per 1000, Minimum Rs. 50/- per instrument DD-Cancellation / Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Rs.50/- per instrument Cheque Collection Outstation Cheque collection on HDFC Bank Locationsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Outstation Cheque Collection on non-branch locationsCorrespondent bank locations: Rs.3/- per Rs.1, 000/-, min Rs. 50/-. For Clean locations (non-correspondent bank locations) & non-MICR cheques: Rs 4.5/- per Rs 1000/-, min of Rs 50 per transaction (includes courier charges) Cash Transactions 1. Cash Deposit Cash Deposit-Home Branch CityFree up to Rs. 100 Lakh per month or 50 Transactions whichever is lower. Deposit in excess of Rs. 100 Lakh per month or 50 transactions will be charged @ Rs.1/- per Rs. 1000/-, minimum Rs.50/-. (Cash deposit at non- home branches within home branch city subject to limit of Rs.1,00,000/- per account per day) Cash Deposit – Non Home Branch City Charges @ Rs 3 per Rs 1000/-, minimum of Rs 50 per transaction. (Maximum deposit allowed up to Rs 1, 00,000/- per day) 2. Cash Withdrawal Cash Withdrawal-Home Branchâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree. Cash Withdrawal-Non Home Branch-Intercity & IntracityFree cash withdrawals up to Rs.2,00,000/- per day, beyond which charges @ Rs. 2/- per Rs.1000/-, min Presenting maximum benefits and minimum hassles for you with Max Current Account! With a Rs. 5 lakhs average quarterly balance requirement, we present to you a world of privileges that helps your business expand and grow. Features like maximum free transaction limits including other beneficial features on this current account truly enhances your business potential to the Maximum. Features & Benefits Maximum transactional benefits with faster mobilization of funds Average quarterly balance requirement of Rs. 5, 00,000/- Access to more than 750 branches Huge cost savings in inter-city transactions for payable-at-par cheque issuance, funds transfers, NEFT, RTGS or Demand Draft / Pay Order Faster collection of outstation cheques: Free Account to Account funds transfer between HDFC Bank accounts Free payment and collection through RTGS Free payment and collection using NEFT (through Net Banking) Free Demand Drafts which can be issued from any HDFC Bank branch Free Pay Orders which can be issued from any HDFC Bank branch Free anywhere collection & payment (clearing) up to Rs. 5 Crore per month within HDFC Bank branch network (except Dahej) Convenience to withdraw and deposit cash at all our branches* Free cash deposit up to Rs. 50 Lakh per month across all home branches (subject to a maximum of 50 transactions per month and a per day limit of Rs.1, 00,000/- on cash deposit at a non home branch) Choice of local / Payable at Par cheques. 500 leaves free per month Register for InstaAlert service and receive updates on your account as and when the select transaction happens – all this without visiting the branch or ATM! Fees and Charges for Max Current Account †¢ [pic]Description of Charges Minimum Balance (Average Quarterly Balance) â€â€Ã¢â‚¬â€Ã¢â‚¬â€œRs. 5, 00,000/- per quarter †¢ Non-Maintenance Charges per quarter Charge of Rs.3,000/- per quarter if AQB is less than Rs.5,00,000 but greater than or equal to Rs. 2,50,000/-; Rs.8,000/- per quarter if AQB is less than Rs. 2,50,000/- Cheque Book Charges (Issued by Bank) 500 cheques leave Free per month. Charges Rs. 2/- per leaf beyond 500 leaves †¢ Other Current Account facilities Issue of Duplicate / Adhoc Statement Rs. 100 at Branch, Rs. 30 per statement through Net Banking & Phone Banking (IVR), Rs. 50 per statement through Phone Banking (non-IVR), ATM & Mobile Banking Mode of Calculation of Minimum Average Quarterly Balance Average of daily closing balances of each day spread over a period of 3 months. Remittance facility through own Bank: Demand Drafts (DD) Payable at HDFC Bank Locations (Issued from Any branch)/ Duplicate DD Free without limit Pay Orders (PO) – on HDFC Bank Locations (Issued from Any branch)/ Duplicate PO Free without limit Issuance of DD / PO through Phone Banking Free without limit Only DD amount up to Rs. 5, 00,000 for Current Max Accountholders accepted at Phone Banking. DD/PO-Cancellation/Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€ Rs.50/- per instrument NEFT/EFT Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free RTGS Transactions: Paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree Collectionsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€-Free Local Transactions (At home branch location) Local cheques collections & paymentsâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Free Account to Account Fund Transfer within HDFC Bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree Anywhere Transactions (except Dahej) Account to Account Funds Transfer within HDFC Bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree Payments & Collections at HDFC Bank Locations (except Dahej) Free up to Rs. 500 Lakh per month, beyond which charges @ Rs. 0.50/1000, min Rs.25/-. †¢ Bulk Transaction Charges All transactions are subject to a maximum of 300 transactions per month, beyond which charges @ Rs.5/- per transaction would be levied. Includes all Local / Anywhere clearing and funds transfer transactions. †¢ Remittance facility through other Bank Issue of Demand Drafts (DD) / Duplicate DD (Correspondent tie up) Rs. 1.50 per 1000, Minimum Rs. 50/- per instrument DD-Cancellation / Revalidationâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œRs.50/- per instrument †¢ Cheque Collection Outstation through own bankâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree †¢ Outstation through another bank Correspondent bank locations: Rs.3/- per Rs.1, 000/-, min Rs. 50/-. For Clean locations (non-correspondent bank locations) & Non-MICR Cheques: Rs. 4.5 per Rs.1, 000/-, min Rs. 50/- (inclusive of courier charge) Cash Transactions 1. Cash Deposit Cash Deposit-Home Branch City Free up to Rs. 50 Lakh per month or 50 Transactions whichever is lower. Deposit in excess of Rs. 50 Lakh per month or 50 transactions will be charged @ Rs.1/- per Rs. 1000/-, minimum Rs.50/-. (Cash deposit at non- home branches within home branch location subject to limit of Rs.1, 00,000/- per account per day) Cash Deposit – Non Home City Maximum Rs.1, 00,000/- per day. Charges @ Rs.3/- per Rs.1,000/-, minimum Rs. 50/- 2. Cash Withdrawal Cash Withdrawal-Home Branchâ€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œFree at Home Branch Cash Withdrawal-Non Home Branch-Intracity & Intracity Free cash withdrawals up to Rs. 1,00,00/- per day, beyond which charges @ Rs. 2/- per Rs.1000/-, min Rs.50/- (Only for incremental amount), Third party cash withdrawal allowed only up to maximum Rs.50,000/- per transaction. 2.8 MARKET PROFILE OF THE ORGANIZATION: Company Profile:HDFC Bank Limited Ticker:500180 Exchanges:OTH BOM 2008 Sales:124,140,000,000 Major Industry:Financial Sub Industry:Commercial Banks Country:INDIA Employees:37836 3.1 STUDENT’S WORK PROFILE (ROLE AND RESPONSIBILITIES): I have completed my summer taining in HDFC Bank Limited as a SALES EXECUTIVE. During this training I played some roles and responsibilities are as: ROLE- I have worked as a sales Executive in sales department in HDFC Bank Ltd. My role was to buildup better relationship with Customers. HDFC Bank expects its employees to take up the work of opening current account in their respective locations. My main role was to contact customers and make deal for opening current account, in meeting with customers I represent a demo to customer for current account, are as: RESPONSIBILITIES- †¢ To generate leads for the Bank. †¢ To buildup better relationship with customers. †¢ To increase the sales of the Bank. †¢ To provide awareness about the current account. †¢ To achieve company’s target. 3.2 DESCRIPTION OF LIVE EXPERIENCE: Working with HDFC Bank It was a nice experience. When I entered into the bank, I was very nerves. However after entering I knew the real mean of working with the big organization. We need to follow the rules and regulations of the company. Coming at the exact time in the bank is very important. These things are very important which we need to learn : †¢ How should behave in the organization? †¢ How behave and coordinate with the customer? †¢ How we need to talk to our Boss, our superior and colleges? Working with the HDFC I increased my communication skills. Also I knew the Importance of the coordination among all the employees. All the employees are working as a team. When I was new, the entire employees helped me to learn the work culture HDFC Bank. In this company my work is to buildup the relationship with customers and to provide leads to the company for opening current account and making relationship with the bank. In present time the customers are not very well aware about the HDFC’s products. 3.3 STUDENT CONTRIBUTION TO ORGANIZATION: In this Company I am working as a Sales Executive. In this Organization my role is to buildup better relationship with Customers, and I promote the current account. My contribution towards this organization like: †¢ I provide leads everyday for opening current account. †¢ I make good relationship between Bank and customers. †¢ I provide awareness about the current account through some demos and calling. †¢ I help in making some useful marketing strategies. 1. RESEARCH INSTRUMENT : A questionnaire was prepared with the relevant questions consisting mainly of closed end questions especially dichotomous type which offered the respondents between only two alternatives either (Yes/No). The respondents were personally met and the collection of information was properly administered to avoid non-respondent error. The primary data is collected by cold calling from respected place of branch. The data is collected by using a questionnaire, which is given as an Appendix at the end of this report. 2. SOURCE OF DATA : The study is based on both primary and secondary data. Most of the findings are based on the data collection through interaction with customers. A structured disguised questionnaire is prepared together the information. Close as well as open-ended questions are asked. Some multiple-choice questions are also included. 3. RESEARCH DESIGN AND METHODOLOGY: Main Methodology -: Collection of Primary data (Consumer and Market Research) through Personal Questionnaires & Collection of Secondary Data (Study of various Current Account) through Computer Data, Web sites, Books and Magazines. FIELDWORK: The respondents are personally interviewed, for about 3 to 5 minutes on an average to collect the data. The format prepared beforehand was strictly adhered to. Though it was sufficient in itself and could be matched to prospective respondents, personal interviews are conducted to be able to make first hand observation that would reveal some useful information about the subject of study. RESEARCH ANALYSIS: After the collection of data I have categorize the data into – †¢ Primary Data †¢ Secondary Data As we know the data collected in primary mode is more reliable in the comparison of secondary data. So we depend more on the primary data. SOURCES OF PRIMARY DATA: †¢ Survey †¢ Personal SOURCES OF SECONDARY DATA: †¢ Through internet †¢ Branch manager approvals †¢ Personal vehicle dealers †¢ Brochure of the bank 4. SUMMARY OF FINDINGS: The Housing Development Finance Corporation Limited was introduced in 1994, after the Reserve Bank of India approved private sector banking. Operating in over 300 Indian cities, HDFC Bank has over 700 branches and 1600 ATMs. It offers personal, NRI and wholesale banking services. Net profit for the March 2006-2007 reached Rs. 1,141.5 crore. In early 2007, HDFC officially entered the microfinance market and opened branches that provide funding to self-help microfinance group. After finding primary and secondary data I find: 1. Customers don’t know about the advantage of our current account. 2. Customers are less aware about the benefits Providing Company. 3. Customers have no more knowledge about the HDFC Bank limited. 4. HDFC reduces the complexity of current account. 5. HDFC provides best way to earn more profit. 6. HDFC is beneficial for making profit and various types of works. 7. The procedure of HDFC is very easy. [pic] 1. SUMMARY OF LEARNING EXPERENCE: HDFC Ltd has the objective to enhance residential housing stock and promote home ownership. Their offerings range from hassle-free home loans and deposit products, to property related services and a training facility. They also offer specialized financial services to the customer base through partnerships with some of the best financial institutions worldwide. HDFC Bank began operations in 1995 with a simple mission: to be a â€Å"World-class Indian Bank†. We realized that only a single-minded focus on product quality and service excellence would help us get there. Today, we are proud to say that we are well on our way towards that goal. It is extremely gratifying that our efforts towards providing customer convenience have been appreciated both nationally and internationally. So that I learn many important things from HDFC and market are as: 1. I have gained live experience of marketing. 2. I find all types of help from my training in charge. 3. I have gained knowledge in the field of HDFC. 4. I find there are many customers are not aware about the HDFC. 5. I find there are lots of opportunities in the Banking Sector. 2. CONCLUSIONS AND RECOMMENDATIONS: Conclusion HDFC Ltd has the objective to enhance residential housing stock and promote home ownership. Their offerings range from hassle-free home loans and deposit products, to property related services and a training facility. They also offer specialized financial services to the customer base through partnerships with some of the best financial institutions worldwide. HDFC Bank began operations in 1995 with a simple mission: to be a â€Å"World-class Indian Bank†. We realized that only a single-minded focus on product quality and service excellence would help us get there. Today, we are proud to say that we are well on our way towards that goal. It is extremely gratifying that our efforts towards providing customer convenience have been appreciated both nationally and internationally. . Besides we also have a dedicated technical team as well as customer care services and its procedure is also very simple. Recommendations 1. To provides awareness about Current Account and its uses to customers. 2. To open maximum and Big accounts for getting more profit. 3. To target not only metro cities, target all big and small city or village. 4. To build the customer relationship 5. To improve its marketing strategies 6. To improve its selling process [pic] COPY OF QUESTIONNAIRE: 1. Are you aware about Current Account? a. Yes b. No 2. Are you aware about current account providing HDFC Bank? a. Yes b. No 3. Are you aware about HDFC Bank Limited? a. Yes b. No 4. Are you aware about the procedure of Current Account? a. Yes b. No 5. Is HDFC reduces the complexity of Current Account procedure? a. Yes b. No 6. Is HDFC provides you cheap and best way to earn money and to make you a independent owner? a. Yes b. No 7. Are you aware about the profit volume ratio doing business with HDFC? a. Yes b. No 8. Are you interested to open current account in HDFC Bank ? a. Yes b. No BIBLIOGRAPHY: 1. www.hdfcbankltd.com 2. www.hdfc.in 3. www.google.com 4. Business Today 5. India Today [pic] â€â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€œ Sales Executive Team Leader Sales Manager Area Sales Manager Area Sales Head Regional Sales Manager Zonal Sales Manager National Sales Manager
Wednesday, October 23, 2019
Marrying someone from a different country Essay
Is marrying someone from a different country more problematic than marrying someone from your own country? In today‘s fast-moving world, travelling and connecting with people all around the globe is becoming more and more comon. Because of the increasing globalisation, it often leads to international marriages. It is a new age concept and an endless discussion. However, I believe marrying a foreigner to be a norm rather than an anomaly. The main positive aspect of international marriage is learning so much about different cultures. It is a great way to broaden your horizons and to learn a foreign language because practicing it with your spouse is an inevitable routine. In other words, international marriage is a symbol of cultural integration and gives a great opportunity to have an open mind. Furthermore, children from international marriages are likely to become bilingual. Although raising a bilingual child requires hard work, it is generously rewarded. Children with the ability to handle multiple languages profit in many aspects of life. Finally, international couples are obliged to travel more. With relatives in different countries, holidays are often spent abroad. In line with cultural challenges, travelling expands one‘s way of thinking and opens up new perspectives on life. Every marriage requires commitment, dedication and work. International marriages need even more attention because of the additional issues. In some cases, cultural shock may be a serious issue for the new family. However, the key to a successful intercultural marriage is to develop understanding and patience. Discussing the expectations in every area brings a positive vibe to a relationship and helps to build a strong international family.
Tuesday, October 22, 2019
ICC essays
ICC essays How would you characterize the contemporary international political system? Today no matter where you live, you are threatened by global environmental changes, spread of infectious disease, opportunities and dislocations associated with the globalization of the economy and human security. We are affected by global events no matter were we live. Ex: September 11, was a threat to our safety as humans and we are still feeling the repercussions now everywhere in the world. This has developed into a complex situation. As time passes, topics in politics that are coming more into the light are those of environment, human rights, and poverty. The current course of politics has been toward expansion and financial crisis like the Asian stock market and the recent American stock market crisis. It seem that the stability of the world economy is in shambles. People are still freaked out over September 11 attacks. I think that event will hinder our productivity and security issues for many more years to come. The line between rich and poor is ever increasing and will continue because of the extremities of power in both classes. I think that as the gap widens between both rich and poor, the middle class will cease to exist as we know it. I think that population control is another topic that needs to be seriously addressed. There are too many people in the world and not enough food to feed them all. I think that the political system is following a both convergent and divergent path right now. There are both present in our system and evident in certain aspects in our society. Both are happening simultaneously and both factors are felt differently for different societies across the world. There is a convergence of economic, technological and communication aspects. As well as there is an increasing independence between states, growth of IGO and NGO and awareness and action of environmental issues. Also there is a convergence o ...
Monday, October 21, 2019
Finding the Truth in the Impossible essays
Finding the Truth in the Impossible essays From an early age, we have been taught that honesty is one of the most important things in our lives. "Tell the truth" is one of the phases we hear over and over again when we are little. But, is truth really so important? Is knowing the truth or telling the truth really one of the most important things in our world? Knowing the truth has always been a driving force in our lives. People have always asked for the truth. From the beginning of human history people have always asked question of truth. Questions like, How was the earth created?...is the world flat?...and is there an afterlife? Many different successful people and civilizations lived happily believing different truths to these questions and others. Clearly not all of these answers could possible be correct, but people were able to be successful and happy while constantly being fed false truths. So, my question is this, does the truth really matter, is knowing the truth really so important? I will examine different scenarios to try and determine an answer to this question. First, is an example that would affect a lot of people's lives. Say there was a man who planted a bomb in a city. If the bomb went off hundreds of people would lose their lives. Police catch the man and try to find out where he placed the bomb. If the man tells the truth the police will me able to defuse the bomb and everyone will be saved. If the man lies the bomb will explode and many people will be hurt as a result. This brings me to my first conclusion; if a lie can hurt other people then the truth and honesty are extremely important. I do not believe that there could be any way to look at this situation and think that lying would be the right thing Next, I look into the story of Oedipus. For his entire life he had been told a lie; he had been told the Polybus and Morpe were his parents. This lie greatly affects Oedipus's life. If he had known the ...
Sunday, October 20, 2019
Else Statements
The JavaScript Ternary Operator as a Shortcut for If/Else Statements The conditional ternary operator in JavaScript assigns a value to a variable based on some condition and is the only JavaScript operator that takes three operands. The ternary operator is a substitute for an if statement in which both the if and else clauses assign different values to the same field, like so: if (condition)result something;elseresult somethingelse; The ternary operator shortens this if/else statement into a single statement: result (condition) ? something : somethingelse; If condition is true, the ternary operator returns the value of the first expression; otherwise, it returns the value of the second expression. Lets consider its parts: First, create the variable to which you want to assign a value, in this case, result. The variable result will have a different value depending on the condition.Note that on the right-hand side (i.e. the operator itself), the condition is first.The condition is always followed by a question mark (?), which can basically be read as was that true?The two possible results come last, separated by a colon (:). This use of the ternary operator is available only when the original if statement follows the format shown above - but this is quite a common scenario, and using the ternary operator can be far more efficient. Ternary Operator Example Lets look at a real example. Perhaps you need to determine which children are the right age to attend kindergarten. You might have a conditional statement like this: var age 7;var kindergarten_eligible; if (age 5) {kindergarten_eligible Old enough;}else {kindergarten_eligible Too young;} Using the ternary operator, you could shorten the expression to: var kindergarten_eligible (age 5) ? Too young : Old enough; This example would, of course, return Old enough. Multiple Evaluations You can include multiple evaluations, as well: var age 7, var socially_ready true;var kindergarten_eligible (age 5) ? Too young : socially_readyOld enough but not yet ready Old and socially mature enoughconsole.log ( kindergarten_eligible ); // logs Old and socially mature enough Multiple Operations The ternary operator also allows the inclusion of multiple operations for each expression, separated by a comma: var age 7, socially_ready true; age 5 ? (alert(You are old enough.),location.assign(continue.html)) : (socially_ready false,alert(Sorry, but you are not yet ready.)); Ternary Operator Implications Ternary operators avoid otherwise verbose code, so on the one hand, they appear desirable. On the other hand, they can compromise readability - obviously, IF ELSE is more easily understood than a cryptic ?. When using a ternary operator -   or any abbreviation  -  consider who will be reading your code. If less-experienced developers may need to understand your program logic, perhaps the use of the ternary operator should be avoided. This is especially true if your condition and evaluations are complex enough that you would need to nest or chain your ternary operator. In fact, these kinds of nested operators can impact not only readability but debugging. As with any programming decision, be sure to consider context and usability before using a ternary operator.
Saturday, October 19, 2019
Procurement and contract management Coursework Example | Topics and Well Written Essays - 1500 words
Procurement and contract management - Coursework Example The present paper looks into the supplier relationship of BCAM which is being managed by Irwin family dealing in agricultural components. The paper will further study the outsourcing options available to the company, suggest a methodology and outline certain difficulties that the company may experience in global outsourcing. a) BCAM – Supplier Relation and Its Consequences Supplier development is a process where on partner in a relationship modifies or otherwise influences the behavior of the other partner with a view to mutual benefit (Crocker, 2009). British Consolidated Agricultural Machinery (BCAM) was established by Harry Irwin’s father hundred years ago during the period of mass industrialization manufacturing tractors and other agricultural machinery such as harvesters, balers, movers, seed drills, and sprayers. While reviewing the purchasing procedure at BCAM, it is revealed that orders are placed in bulk even though if the materials are not required for the pur pose of production so as to avoid logistical time and costs. BCAM supplier development strategy was weak considering the fact they placed their orders with the suppliers who were associated with the company for many years. According to Crocker (2009) supplier development is necessary to develop the supply base in areas of recognized weakness, develop a long term relationship with few reliable suppliers, reduce the risk by sharing information, enhance the benefits of mutual goals and synchronize the overall process of supply chain process. This shows that the company’s transactions were limited to few suppliers and the relationship between both is adversarial as BCAM doesn’t pay them as agreed during the contract. Saunders et al (Swamidass 2000) mentioned that adversarial relationship is promoted when they operate at arm’s length with communication without personal contact and gains by one partner are seen as being at the expense of other contributing to apparent lack of trust and not ready to share information. According to Handfield and Bechtel (2002, reliance on trust at the interpersonal level may be conditioned by legal systems or organizational role responsibilities, mitigating the ability of parties to rely on trust as a matter of first preference. The relationship between BCAM and its suppliers exceeds their contract and operates beyond it resulting in breakage of supply chain management. The company had to face the consequences of such relationship as their orders placed by BCAM would not be taken as top priority leading to purchase departments failure to provide required material for production resulting in delayed customer delivery. The fact that both maintained cordial relationships and confidence on the suppliers side that they would definitely receive their payment made it possible to continue the transaction. Moreover, in such type of relationships, complaints are not addressed due to the negligence from buyers’ side a s evidence in BCAM Company wherein complaints by purchasing department were snubbed by suppliers owing to late payments. b) Buyer Supplier Relationship Approach Organizations are more actively involving suppliers in their integrated development process and identify suppliers as a source of competitive advantage which means that there is an opportunity to develop and identify the factors that could help sustain or improve the relationship between the buyer and the supplier (Nellore, 2001). Developing partnerships with suppliers is
Friday, October 18, 2019
Qualative Analysis Lab Report Example | Topics and Well Written Essays - 1250 words
Qualative Analysis - Lab Report Example At the end of the practical it was possible to establish the cations present in our unknown sample #19. Qualitative analysis is a method in analytical chemistry which involves the identifying of unknowns in a given solution. It is important in chemistry especially when one is dealing with unknown mixtures to be able to establish the solution properties and the methods of separation if you need to separate. In the general Laboratory set up, qualitative analysis is aimed at getting a deeper understanding of the cations and also learns how to handle them and detect them effectively when in any solution. The main hypothetical question in qualitative analysis is whether a certain cation is present in a given solution. To prove that hypothesis null, then a series of chemical reactions are conducted and the color changes are mainly used to establish their presence. It should be noted that many cations will have similar color changes and so a series of subsequent reactions are used in the detection of a certain cation (Page & Foster 11). In this lab we divided the cations to be characterized into two sub groups, this was done by selective precipitation. The precipitate was then separated physically be centrifuging as it settles out and the supernatant liquid decanted. This was the first step where the large group was separated into smaller groups so that a definitive test can be performed to verify the presence or absence of a specific cation. The cations were classified into two groups according to their ability to dissolve. Group A had ( Bi+3, Fe+3 and Mn+2) while group B had (Al+3, Cr+3 and Sn+4) which were to be used in the two labs. The ions were in a combined unknown solution and they were to be analyzed to establish the cations present. To be sure where any of the cations was present in the solution it was important to run a number of procedures that are described below. In test 1, Mn+2 ions were confirmed present. In the addition of NaBiO3 the color of
Nutrition Questions Essay Example | Topics and Well Written Essays - 1000 words
Nutrition Questions - Essay Example ure of the nutrient breakdown often results in a lack of energy, excessive sleepiness, or similar problems that would otherwise act to counter weight loss gains. As a result of these limitations one’s overall perception of fad diets and drugs is highly suspicious. Adolescence has been defined as a developmental stage distinguishing childhood from adulthood. While the age of 18 is the legal definition of adulthood, the actual developmental transition is determined by psychological and physiological factors. One of the predominant developmental stages associated with adolescence is puberty. As adolescence is a pivotal developmental stage there are a number of nutrition-related problems associated with it. One of the most prominent nutrition-related problems of adolescence is that of malnutrition, particularly its effect on weight gain. While the high numbers of adolescents that are overweight is in great part due to a lack of exercise, a nearly equal problem is overeating, or eating the wrong foods. Another issue is that of under nutrition. Particularly in the cases of anorexia, adolescents are particularly apt to these as they face the challenges of the teenage years. As this is a critical growth period proper nutrition is important as it has been shown to affect health in later life. Specific health problems from poor adolescent nutrition include osteoporosis, heart disease, and diabetes. Other potential problems related to nutrition include stomach and kidney pains brought on by bulimia that, like anorexia, is another frequent disorder related to the adolescent development stage. In addition to these noted nutrition-related problems adolescents in this development stage are susceptible to many of the same nutrition related problems of regular adults; over consumption of daily vitamins can cause a series of health related problems. Ultimately, because of these issues it’s highly important for adolescents to pay particular attention to their nutrition and
Thursday, October 17, 2019
Convergence in the Financial Services Essay Example | Topics and Well Written Essays - 7000 words
Convergence in the Financial Services - Essay Example vertrading and aggressive positions taken by the trading and asset management entities of the financial conglomerate (FC), though accounting for only a segment of the FC’s activities and revenues, tends to expose the entire group to high risks that were not contemplated, particularly by the multitude of individual depositors and consumer loans clientele that are served by the financial intermediation function of the group. In Europe, the regulatory instrument governing FCs is the Financial Conglomerate Directive, an act of the European Parliament that commands the compliance of banks through the European Union. The Commission has continually conducted consultation sessions and surveys among any and all parties taking interest in the activities of FCs, including the conglomerates themselves. The latest consultation effort elicited insightful and indepth responses from the various respondents, the result thereof highlighting concerns about inequities between sectors in an FC that unduly cause competition for capital, confusion in legal structure, problems in the scope of supplementary supervision of unregulated entities, and absence of a level playing field. The first chapter of this dissertation introduces the subject of research and the contextual background through which it should be viewed. The framework for discussion is also briefly indicated, as well as the issues intended to be analyzed pursuant to the consultative document and feedback responses of the different subject institutions. Since the Great Depression in the U.S. and for eight years thereafter, the Glass-Steagall Act imposed the firewall between financial institutions involved in banking and those involved in non-banking financial services (Crockett, et al, 2003; Fein, 2001). However, in 1999 the Gramm-Leach-Biley Act was passed repealing Glass-Steagall and thus allowing firms to engage in both bank and non-bank function, due to â€Å"increasingly persuasive†evidence that liberalizing the
You Decide Week 7 Essay Example | Topics and Well Written Essays - 500 words
You Decide Week 7 - Essay Example aled that one of the company’s sales persons, Pat Lawson, was currently exhibiting problems coping with new procedures and technology to service customers better and increase sales. She had been with the company for 15 years and was revealed to have serviced the company’s largest customers effectively. With Pat’s struggles, she was reflecting on quitting her job. In this regard, in the capacity of Bob Yeader, the Sales Manager, the following analysis of the situation, the problem and the options are hereby evaluated: The apparent root problem for Pat’s supposed difficulties in coping with the current situation is the installation of new procedures and technology designed to improve customer service and increase productivity and sales. As validated by Jack Mason, Bob Yeader’s consultant, the lack of appropriate training to orient their people on the use of new technology and procedures was the main culprit for Pat’s dilemma: her inability to cope with requirements posed by the new technological procedures without being properly trained. 1. Status Quo: Do Nothing. Wait for the natural courses of action to happen. In this alternative, the most probable scenario is that Pat Lawson would eventually tender her resignation. The advantage of this option is that there would be no changes in the work place and, as suggested by George Fish, new graduates could replace Pat’s position immediately. However, the disadvantage of this alternative is that both Chris Nihil, the HR Manager, and Jack Mason acknowledge the exemplary performance of Pat Lawson, who has been with the company for 15 years. The competency in handling large and complicated accounts has already been recognized to be attributable to Pat’s experience in the field of sales and customer service. By doing nothing, the company would be losing Pat and it might cost them more to train new hires to do Pat’s responsibilities. 2. Provide Training for the New Technology and Procedures. The standard
Wednesday, October 16, 2019
Convergence in the Financial Services Essay Example | Topics and Well Written Essays - 7000 words
Convergence in the Financial Services - Essay Example vertrading and aggressive positions taken by the trading and asset management entities of the financial conglomerate (FC), though accounting for only a segment of the FC’s activities and revenues, tends to expose the entire group to high risks that were not contemplated, particularly by the multitude of individual depositors and consumer loans clientele that are served by the financial intermediation function of the group. In Europe, the regulatory instrument governing FCs is the Financial Conglomerate Directive, an act of the European Parliament that commands the compliance of banks through the European Union. The Commission has continually conducted consultation sessions and surveys among any and all parties taking interest in the activities of FCs, including the conglomerates themselves. The latest consultation effort elicited insightful and indepth responses from the various respondents, the result thereof highlighting concerns about inequities between sectors in an FC that unduly cause competition for capital, confusion in legal structure, problems in the scope of supplementary supervision of unregulated entities, and absence of a level playing field. The first chapter of this dissertation introduces the subject of research and the contextual background through which it should be viewed. The framework for discussion is also briefly indicated, as well as the issues intended to be analyzed pursuant to the consultative document and feedback responses of the different subject institutions. Since the Great Depression in the U.S. and for eight years thereafter, the Glass-Steagall Act imposed the firewall between financial institutions involved in banking and those involved in non-banking financial services (Crockett, et al, 2003; Fein, 2001). However, in 1999 the Gramm-Leach-Biley Act was passed repealing Glass-Steagall and thus allowing firms to engage in both bank and non-bank function, due to â€Å"increasingly persuasive†evidence that liberalizing the
Tuesday, October 15, 2019
A museum visit to autry museum los angeles and its relation to class Essay
A museum visit to autry museum los angeles and its relation to class - Essay Example This showed not only the basics of what occurred at this time, but also represents and observes the past of how things were. The vastness of the land, as well as the cowboys desires to chase the large animals were two of the concepts which I immediately noticed. This was followed by observations of the hand made tools, hats and other artifacts which were important to the cowboys. The significance was based on how each of the men had to change their level of innovation to try to settle and build a specific life, while having the sense of dominance over a specific piece of land. This led to the noticed cowboy movies that were also represented, which held this same ideal and continued to show the mindset of cowboys that were settling in the West. The representation of cowboys after the 1900s that is seen in the exhibition is one which is seen to link to the myth of the cowboy. The representations of the cowboy outfits, paintings of the salon girls and the guitars also represent this ide ology. The concept of movies such as â€Å"The Lone ranger†and the idolized cowboy are highlighted in these particular areas, specifically with reference to what the cowboys became.
Monday, October 14, 2019
Evolution of the Ipod Essay Example for Free
Evolution of the Ipod Essay Personalized music took a big leap towards what we call the Ipod generation today , way back in 1979 when Sony introduced its audio cassette player Walkman. When we see the original Walkman today it does seem outdated and for many a piece of junk. But 30 years back it was a breakthrough in terms of technological advancement and an instant sensation worldwide which continued for decades. WALKMAN: Walkman is a portable audio cassette player which introduced a change in listening habits and providing people an opportunity to listen to the music of their own choice, which seemed a distant dream before its inception when transistor radios were the only option for the masses. Origin and History: The first original Walkman was launched by Sony that went on sale on 1st July 1979, in Japan. It was launched subsequently under different names in many countries for instance, In US it was launched under the name Soundabout . In Sweden it was launched under the name Freestyle.. In UK it was launched under the name Stowaway. The device was built in 1978, by an audio division engineer Nobotushi Kihara who worked for Sony. Sony’s co-chairman Morita who wanted to listen operas during his frequent plane trips requested for such a device and therefore Nobotushi came up with the Walkman. Although Morita hated the name Walkman and insisted on changing it , but accepted later on when junior executives told him that a campaign had been started and changing the name now would cost the company dearly. (Sony History) Cassette-based Walkman: The first and original Walkman was a blue and silver cassette-based model TPS-L2. It came with one set of headphones and had limited features of play, stop and forward with no record function. In 1984, Sony presented its memorable model Walkman Professional WM-D6C. It was comparable in audio quality with most non-portable audio cassette decks.. Among the standard play,stop functions it also introduced the record function which made it famous. Later on, Toshiba’s Walky , Aiwa’s Cassette Boy and Panasonic’s Stereo-To-Go were giving stiff competition to the Walkman. Therefore in 1989, Sony launched its famous and unique playback only model WM-DD9, this model attracted a niche following with hardcore Walkman fans making it a must in their collection. It featured auto-reverse and had improved power consumption requiring only 1 AA battery with optional AC adapter input. Moreover it had superior sound quality as compared to its predecessors. Although the cassette based walkman had started losing its appeal probably due to increasing competition from Sanyo and emergence of CDs as a better storage medium in all respects, Sony still kept launching new models every 5 years uptill 2000, these models not only continued to represent features of previous models but also had some new ones of their own for intance, WM-701S which also came out in 1989 was more user-friendly as it came with a remote control and slim silver plated body. After which cassettes had reached technological obsolence and any future production of cassette-based models had to be stopped. (Sony Design- 1980s) PORTABLE CD PLAYERS: Portable CD players took personalized music to a further new level from portable cassette players. These players used audio CDs instead of cassettes , not only CDs were lighter than cassettes but they could store considerably more than multiple cassettes could or could record in a much better audio format which would give a superior sound quality than cassettes. History: CDs as a storage medium were introduced in the early 1980s. Once again Sony created history in 1984 when it launched its CD-based Walkman (which was a first of its kind portable CD player) D-50. Although it was also known as D-5 in some markets but its official name was Discman. Discman was considered a marvel , its size was just a little more than that of a CD case which made it very handy. Moreover it had additional features and better sound quality as compared cassette-based walkman but still they managed to gain momentum till the late 1980s because CDs were quite expensive prior to that and CD players didn’t had anti-shake protection feature which caused CDs to damage since they were delicate. (Discman) Evolution of CD Players: Portable CD players had the basic features of a cassette player besides that it also had some new features for instance hold, toggle in later versions and portable CD players in the present age are capable of supporting numerous audio formats as well . In the mid-nineties these players also featured a LCD display also. Since Sony was continuing to face increasing competition from Panasonic in the late 1980s, it improved its own design of Discman and came up with a new model D121 which had additional features from its predecessors. The competition is still ongoing with Sony, Panasonic, JVC, Bose, Coby etc. coming up with new portable cd players after every few months. Although Ipods are the in thing these days but still portable cd players continue to survive probably because CDs haven’t gone into obsolence like cassettes did. However they don’t enjoy the same popularity they did in late 1980s and mid 90s. MINI-DISC PLAYERS: Mini disc was a magneto-optical disc. It could store upto 80 minutes of digitized audio almost that of CD quality. Mini-disc players were capable of playing these storage media. The reason MD was launched was because they had the anti-skip feature which prevented disc-skipping even under the most extreme conditions and was unlike CDs which used to skip on the slightest of vibration and shocks and used to annoy users. History: Sony launched its first MD Player in 1992 named MZ1 along with the Mini-disc itself. However many other companies for instance JVC, Sharp, Pioneer and Panasonic launched their respective mini-disc players as well. MD Players were initially launched as an alternative to Philips analogue cassette system which was quite popular at that time. Moreover till the mid-nineties MD players were popular in Japan and Asia but largely unknown elsewhere. (Music on the move: Minidisc) Evolution of the Mini-disc and the Mini-disc player: nitially when Sony introduced the Mini-disc it was based on ATRAC audio data compression but later it was based on linear PCM inorder to give CD quality audio. Although MD Walkmans when launched by Sony were multi-featured i. e. they could play and record on MDs from both digital and analogue sources for example, live audio from their microphone inputs ; but were somewhat large and couldn’t be placed in a pocket. Therefore, Sony released a new model MZ-R2 which was quite compact. MD Walkmans gradually improved over the years for instance, when MDLP(Mini-disc Long Play) was introduced in MDs in 2000 which allowed MDs to record 4 times of what they initially could MD Players were enabled with this feature and many in the following years for example, Net MD, Hi MD. (Sony MZ RH1) MP3 PLAYERS: MP3 players are also technically known as Digital Audio Players. It is a device that stores, organizes and plays audio files. MP3 players were a breakthrough in their own right since they didn’t require CDs or cassettes to be inserted into them , common features of an MP3 player were a flash memory drive or a miniature hard drive, an embedded processor and an audio codec microchip which would convert digitally compressed sound into analogue form which was then played through the speaker jack. The user can store hundreds of songs on the flash memory drive/mini hard drive. History: The first MP3 player came from a Korean company SaeHan Information Systems which in collaboration with Eiger Labs US launched in 1998 the first solid state digital audio player named MPMan . It featured 32 Mb of RAM which could hold 8 average length of tracks( i. e. 32 minutes of music). (World’s 1st MP3 Player) The same year Diamond Multimedia lauched its version of MPMan named Rio PMP300. However its sales were better than expected initially but later had a fall from grace probably due to lawsuits. (Collecting MP3 Portables) In 1999, Compaq developed the first hard-drive based mp3 player in collaboration with HanGo Electronics and named it PJB-100(Personal Jukebox). The player had a capacity of 4. 8 GB and it was extensively advertised that it could hold 1200 songs! (Net Audio) Evolution Of MP3 Players: Initially MP3 players supported only the . mp3 format but in the following years MP3 players started supporting multiple formats for example , AAC, WMA, WAV, Ogg Vorbis. Flash-based MP3 players: These are solid state devices that store audio files on internal flash memory. Initially internal memory of these players was in a few MBs and users couldn’t store any more than on a CD but soon makers got notice of this and today we see internal memory in GBs which is capable of holding hundreds of songs. (World ‘s 1st 32 GB Flash based PMP) Similarly, internal memory couldn’t be extended by users however in a couple of years removable flash memory was made available better known as memory cards. Moreover with the passage of time , these players became more resilient and required less power consumption as compared to portable CD player or a hard-drive based mp3 player. Hard-drive based Players: These devices are also known as Digital Jukeboxes. Initially their capacity was 4-5 GB but these days players are available with capacity upto 250 GB. This loosely means that thousands of songa could be stored on a single player. (Wolverine ESP 250 GB) MP3 CD Players: With the growth in popularity of MP3 players and mp3 format itself . Many portable CD players started supporting playback for CDs which had MP3 files stored on them. iPOD REVOLUTION: iPod is a popular brand of portable media players which are designed by Apple Inc. Apple has produced a number of models over years iPod Classic, iPod Nano to name a few. iPods have become a sensation for this generation and seems to be for the following ones too just like Walkman was in the 1980s. As per stats upto September 2008, 173 million iPods have been sold worldwide which has made it the best selling portable music player ever. History: In early 2000, Apple had started making software for the growing market of digital audio players. The company found that the MP3 players were either too big (those that were hard-drive based) or too small (those that were flash-drive based) and had mediocre user-interfaces. Apple’s CEO Steve Jobs took the initiative, he decided that Apple would make their own PMPs(personal music players). Therefore Apple’s hardware engineering head Jon Rubinstein assembled a team including hardware engineers Tony Fadell and Michael Dhuey and a design engineer Jon Ive, however Apple didn’t make the product completely on in-house instead they used Portal Player( a semi-conductor company) platform based on 2 ARM cores. Nevertheless the product within an year and was unveiled on 23rd October 2001, it was a Mac-compatible product with 5 Gb hard-drive and could hold upto 1000 songs. The name iPod was suggested by Vinnie Chieco a freelance copy-writer. iPod Models: iPod Classic: It was the iPod that was launched originally. Uptill now six generations have been produced of this model and is the only model that is hard-drive based. iPod Mini: Its first generation was launched in 2004. However it was discontinued after its 2nd generation. Its storage medium was based on mini hard-drive. iPod Shuffle: iPod Shuffle was first introduced in January 2005. Due to it smaller size and sleeker look it became an instant hit. Its flash-drive based PMP. Uptill now 2 generations have been produced of this model. iPod Nano: iPod Nano was also a flash-drive based model. It was also launched the same year Shuffle was launched . What separated Nano from Shuffle was its greater storage capacity and coloured display. iPod Touch: It is the latest in the iPod family and was launched in 2007. It was also a flash drive based model similar to Nano and Shuffle . But Touch is way ahead of all of its predecessors. It was the first iPod with Wi-Fii and Multitouch interface. Moreover it featured the Safari browser and wireless access to iTunes Stores and YouTube. (Identifying Ipods) Software: Initially when Apple introduced its iTunes software it was only compatible with Mac OS but later on Apple a Windows version of it as well. iPod first generation models although various audio formats, image formats and video formats but only worked with Mac-OS. However when Apple launched its second generation models the software within those models was compatible with MS Windows. Apple developed alternatives for various formats which were previously not supported by it for example, Microsoft’s WMA audio format was not supported earlier so they provided a converter along with their Windows version of iTunes. Adding further open source formats like Ogg Vorbis, FLAC were previously not supported however these formats can be played now on installing a firmware onto the iPod for example, Rockbox User-Interface: All iPods have colour displays which incorporates anti-aliased graphics and text with sliding animations. Moreover except iPod shuffle and iPod Touch all other iPods have 5 buttons and second generation onwards buttons have been integrated on the click wheel. Click-wheel is an innovation that brings refineness and clarity to the interface. The buttons given perform the basic play,stop etc. functions as for scrolling the click-wheel is used in a rotational manner. In its later models Apple made some changes for instance, iPod Touch doesn’t have a click wheel instead it has a 3. 5 inch touchscreen and in addition to it a home button , a sleep/wake button and volume up/down button. Hardware: A typical iPod comprises of the following chipset and electronics: Microcontroller Audio Chip Storage Medium Batteries Different iPods have used different microcontrollers along their different generations for example, iPod Nano used a variable-speed ARM in its first generation model however it has continued to use Samsung System-On Chip second generation onwards. iPod Classic has a hard-drive based storage medium and has been since first generation however the capacity has increased considerably i. e. from 10 GB in its first generation model to 160 GB in its sixth generation model. Similarly, iPod Mini was based on the Mini Hard-drive however Apple discontinued it after its 2nd generation model. Moving on iPod Nano, Shuffle and Touch are flash-drive based and there capacity has also increased considerably with newer models. Connectivity: Originally Apple used a Firewire connection was used to the host computer and for charging battery. Third generation onwards, Apple allowed both Firewire and USB connectivity. This allowed for better compatibility with PCs. Therefore 5th generation onwards Apple dropped Firewire for data transfer and made complete transition to USB 2. 0 in an attempt to reduce cost . CONCLUSION: From Walkman to iPod people have seen a great advancements in personal music players. Walkman ruled 1980s which continued till the mid-nineties. However , after that advancements were made very speedily and we saw MD players, MP3 players and finally the iPod in 2001. iPod completely redefined infact revolutionised portable entertainment. Infact in these 8 years since its inception it has made record breaking sales and won several awards for engineering excellence , it has acheived much more than what the Walkman in a decade and a half. But then again, Walkman has its own place in history and iPod is making its own. ? 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Screen=PRODProduct_Code=5250Category_Code=ESPStore_Code=T00107 â€Å"Identifying Ipod Models†retrieved from: http://docs. info. apple. com/article. html? artnum=61688
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