Effect of Brexit on Financial Market of UK - 275 Words

Effect of Brexit on Financial Market of UK (Essay Sample) Content: Effects of Brexit on Financial Market Name Institution Effects of Brexit on Financial Market Britain exit from EU made a significant effect on the Britain politics as Cameron resigned from its post and it also affected the financial markets as well. Article states that it has badly affected the stock markets and currency. It can be found that Sterling value has been decreased to 12.5 percent against Euro and 11.4 against AUD and 6.7 percent against USD (Hunter, 2016). Fall in the value of currency will definitely affect the UK trade markets. This effect can be short term as UK has to negotiate with the EU and also with other countries where the trade was done under the banner of EU. However, there is also a positive aspect of the Brixit that exports will become more competitive and it UK will also become cheaper destination point for foreign visitors. Brexit has affected the UK stock exchange badly as it experienced all time low whereas it also left significant effects on the global markets as well. Brexit supporters are arguing that EU will not leave UK alone and will invest due to its largest exports to EU, however, it is also expected that foreign investment will be reduced in UK and it will be shifted to other EU countries. Chances of recession was also discussed by several policy makers, however, according to my opinion, recession is not going to happen in any way and Brexit is great news for exporters as the Pound's higher values always affected the exporters. Short term losses to the economy and financial markets are higher, however, in long term; it ...

Maslow s Theory Of Motivation - 1236 Words

Discuss Maslow’s Theory of motivation. How can it be applied at workplace? Discuss differences between Intrinsic and Extrinsic factors along with examples. One of the most popular theories is Abraham Maslow’s theory of inspiration which tells that people to achieve certain needs gets inspired under certain conditions and one of the basic needs to get motivated is survival and this is the first and foremost thing which motivates someone’s behavior. Maslow’s theory comprises five tiers of human needs which are divided mainly in three broad categories that are 1) Basic needs a) Physiological needs: comprises things like food, water, rest, home etc. b) Safety needs: comprises security, law, stability, freedom etc. 2) Psychological needs a)†¦show more content†¦INTRINSIC MOTIVATION: Intrinsic motivation is the motivation which comes from inside an individual because we enjoy the activity itself. It’s the self desire to seek out or to bring out something new. For example: If someone wakes up early in the morning and does exercises, yoga and pranayam for keeping the body healthy and for the self pleasure, then he is self motivated or intrinsically motivated person. EXTRINSIC MOTIVATION Extrinsic motivation is the motivation which comes from outside or from others. An individual do things for tangible rewards or pressures, rather than for the fun of it. For example: If a student is not working hard then he is motivated by his parents and teachers to get good grades and to work harder by giving different examples of successful people which comes under extrinsic motivation. Describe the main decision traps faced by the individuals. How these may be avoided? 1) Framing The foremost step in decision making is to frame a question which is quiet dangerous as how one forms a question influence your choice. How to avoid: a) Don’t automatically accept the initially made frame. Check the problem by different ways and perspectives and frame accordingly. b) Putting yourself in the situation c) Take time and Think and check the distortions made by the problem. 2) Overconfidence Sometimes a person flows in the sea of overconfidence about his judgmental abilities and accuracy as heShow MoreRelatedMaslow s Theory On Human Motivation1310 Words   |  6 PagesMaslow’s (1943) hierarchy of needs was one of the earliest theories developed on human motivation. With the basic principle that higher-level motives could not become active before the basic needs had been met (Lahey, 2001). Maslow suggested that these basic needs such as food, water and safety needed to be in place and satisfied before motivation to meet higher needs is possible and takes effect. Maslow (1943) organised these human needs into five sets and then arranged those into a pyramid, withRead MoreMotivation And Maslow s Theory1324 Words   |  6 Pages In order to understand a person motivation you have to understand individuals basic needs and whether are not they are being met. A good manager has to know how those need interact with a person’s motivation and Maslow Theory is the good example. Maslow’s theory is that needs are arranged in a hierarchy, the lowest level needs physiological needs to the highest levels or self-actualization needs (Ivancevich et al., 2011). Physiological is the lowest level and it is the need for food and shelterRead MoreAbraham Maslow s Theory On Motivation1390 Words   |  6 PagesAbraham Maslow Many psychologists have been influential in the field of psychology but one of those that has achieved this more than most was Abraham Maslow. Abraham Maslow (April 1, 1908- June 8, 1970) was an American psychologist who is best known for his theories on motivation, his hierarchy of needs and as being one of the founding fathers of humanistic psychology (Popova, date unknown). As he is largely associated with such themes such as motivation, needs and humanistic psychology the assignmentRead MoreMaslow s Theory Of Motivation Essay1323 Words   |  6 Pagesmotivational theories discussed. Many of the theories discussed have raised great awareness to the issue of motivation and how to properly inspire people for high performance within an organization. Although many motivational theories address the topic in a serviceable way, there have been four that have stood out from the rest: Maslow’s Hierarchy of Needs, Herzberg’s Hygiene Theory, McGregor’s XY Theory, and Expectancy Theory I would consider to be the most significant theories of motivation. AbrahamRead MoreMaslow s Theory Of Human Motivation Essay1350 Words   |  6 PagesIn 1943 Humanistic Psychologist Abraham Maslow proposed his Theory of Human Motivation. In this paper he outlines what he believes to be a humans hierarchy of needs. Maslow suggests in his journal that one must meet the needs of the previous level before moving on to meet the needs of the next one on the hierarchy. According to Maslow there are 5 tiers of human needs: physiological, security, belonging, self-esteem, and self-actualization. In Welch, West Virginia Jeanette and her siblings must adjustRead MoreMaslow s Theory Of Motivation1684 Words   |  7 PagesMaslow 1943 believed individuals have a set of motivations that are related to rewards and their unconscious desires. People are motivated to achieve certain needs and once their needs are fulfilled individuals will move on to the next one (Corey, 2005). Maslow created a five stage hierarchy of needs pyramid he stated that basic needs m ust be met in order to progress onto the next level of needs. These are the following needs Maslow identified on the pyramid: 1. physiological 2. safety 3.Read MoreMaslow s Theory Of Motivation1103 Words   |  5 Pages†¢ NEED THEORIES Need theories describes motivation as â€Å"the willingness to exert high levels of effort toward organisational goals, conditioned by the effort’s ability to satisfy some individual need† In this context, a need is an internal state that cause a specific result to look pleasant. An individual’s drives are stimulated when tension is created due to an unsatisfied need. A search behaviour is generated to locate specific goals, if this is obtained, the need will be satisfied and the tensionRead MoreAbraham Maslow s Theory Of Human Motivation1670 Words   |  7 PagesAbraham Maslow Abraham Maslow was always visually examining the greater scope of human nature. Whereas most of his counterparts of his day seemed to be more concerned with a narrower scope, Maslow s own vision was far-reaching. His lifetime of revelations in motivation and personality transcended academic psychology, and extended into the major business fields of management and marketing. Maslow additionally explored how and individual perceives their existence and beginning to display signs ofRead MoreMaslow S Theory Of Motivation And Hierarchy Of Needs2239 Words   |  9 Pagesï » ¿ Maslow s Hierarchy of Needs Theory Pablo Valdez Liberty University Abstract Abraham Maslow introduced a very simple way of understanding the needs of a person. The Hierarchy of Needs sorts the needs of the lowest and most basic levels to the higher levels. Maslow then arises within their theory of personality, the concept of hierarchy of needs, which needs are structurally organized with varying degrees of power, according to a biological determination given by our genetic makeupRead MoreMaslow s Theory Of Human Motivation901 Words   |  4 PagesIn our everyday lives, we go through certain needs and behaviors. Abraham Maslow’s article of Theory of Human Motivation begins with the explanation of the Basic Needs of behavior. He goes over how our basic needs are safety, love, self-esteem, and self-actualization. (Physiological needs tend to go along with the other four needs.) When it comes to craving violence, four of the above needs apply to the given behavior. Starting with physiological needs; they are those needs that include survival

The Politically Incorrect Guide Of Capitalism By Robert...

This is a review on the book The Politically Incorrect Guide to Capitalism by Robert Murphy (Murphy, 2007). The book gives an exceptionally exhaustive argument for free market standards and logic. The book takes a gander at how free market is the most ideal approach to arrange both national and worldwide monetary systems. While financial aspects are vogue nowadays, the book advocates the perspective that business sectors are the unrivaled method for accomplishing monetary productivity as well as social equity. Numerous things that are expectedly accepted to advantage the general public have precisely the inverse impacts. Labor unions, Business regulation, affirmative action, and profit taxes make all of us worse off in the long run (Murphy, 2007). Legislative institutions depended with the mission of oversight of the financial framework are ill-suited to address macroeconomic concerns. For instance, Federal Reserve is a reason for more prominent flimsiness and instability than m ore noteworthy request and certainty. Cutting or bringing interest rates up in with a perspective to pumping a lot of liquidity into the budgetary framework or, in actuality, limiting cash supply keeps market components from setting the right cost of cash and assigning capital proficiently. However, it is not in any case responsible to people in general, as it is chosen in a roundabout way and responsible to open everywhere through a long chain of appointment. 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Singapore Telecommunication Limited Company -Myassignmenthelp.Com

Question: Discuss About The Singapore Telecommunication Limited Company? Answer: Introduction The report is about an international company i.e. Singapore Telecommunication limited which is popularly known as SingTel. The report will discuss the business environment which can have a major impact on the financial performance of the SingTel. Along, with this, the report will provide recommendations for the company to improve its competitive advantages. Overview of Company Singapore Telecommunication Limited (normally known as SingTel, and earlier portrayed as Sing Tel), it deals in the sector of the telecommunications industry (SingTel, 2018). Singapores biggest operators of the mobile network are SingTel with 4.1 million subscribers and have combined subscribers of mobile through subsidiaries with customers base of 640 million in 2017 (Dun Bradstreet, 2018). Till 1995 SingTel was also called as Equipment Telecommunications. It offers networks of a mobile phone, fixed-line telephony services, and ISP (Business wire, 2010). SingTel has increased its market share and gone out of the boundary of home market and has its shares in various regional operators, consisting 100% of the Optus. It is the second largest telecom of Australia which was acquire from Cable Wireless in 2001 and another shareholder of Optus, and Bharti Airtels 32.15% which is the biggest carrier in India (National Library Board Singapore, 2018). Vision The vision of SingTel is to become the best company of communication technology in the Asia Pacific (SingTel, 2018). Mission The mission of SingTel Company is to break the barriers and build strong relations with the customers. Impact of Business Environment on the Financial Performance of SingTel Company There are various environmental factors that have an impact on the SingTels financial performance. Trade barriers, changes in government policy, tax changes, demographic change and new laws are some of the examples of change in business environment. Political The Singapores Telecommunication Authority i.e. (Tas) has strongly supported the Telecommunications Privatization and Liberalization in Singapore. The whole telecommunication industry including SingTel Company has entered in a phase which is determined by fast-changing technology and encouraged by the demands of progressively cultured end-users. In order to fulfil these demands, the worldwide trend towards Liberalization, Deregulation, and Privatization has increased in the Telecommunication industry. This particular trend has generated various opportunities along with the challenges for SingTel Company. Competition, Deregulation, and Liberalization, therefore, propose a feasible method for safeguarding the delivery of services with better quality at extremely viable prices. Economics One of the factors that affect the business of SingTel Company directly is economic situation. Globalization has crossed the national boundaries, unlocked and enlarged business and trade has similarly an opportunity for the country. Therefore, the use of services and telecommunication devices has improved globally and the development is anticipated to carry on. This has offered the opportunity to SingTel Company to participate overseas, in order to increase the market share and uphold productivity. Recently, the government of Singapore has greatly invested in expanding the economy. The business sector will generate a better environment in order to help and encourage the employees as well as launching the financial and legal business structure. The overall economic sector will regularly grow such as financial service, retail, and tourism industry and consultant service. The expansion of several economic factors offers SingTel the opportunity to increase business domestically. Social- Culture The culture of Singapore is distinctive with four main ethnic groups: Malays, Eurasians, Indians, and Chinese. Today also they intensely have faith in their traditional value while the younger or new generation has started adopting the western culture. Particularly, there is a stage in the Singaporean attitude that kiasu which means scared of losing out to other. Through this attitude, several young Singaporean has operated hard to get high income and follow the modern and new technology. They continuously change their lifestyle, the demand for quality goods and purchase behavior. This reflects an opportunity for SingTel Company to raise their profits and returns by proposing the customized and new services and product (Frue, 2018). Technology Nowadays, there are continuous development and changes in the technology. The modern services like Internet telephone and the rising users of telecommunication are the cause for the company to invest in advanced technologies for developing services and products. In the present business scenario, SingTel Company includes services in their offerings like a telephone line, mobile services, internet services and e-commerce. But SingTel Company has recognized internet-based activities and e-commerce, which have a major growth in customer segments. Thus, investment in technology is an essential part of the strategy of SingTel Company for the long-term growth. Similarly, the high investment in established technology was the serious issues made SingTels flourish in the past. Legal In 2009, IDA (Info-communications Development Authority of Singapore) has announced a decision with concern to the exemption request of SingTel for the government customer and business segment and Individual Markets. This assists SingTel to pursue an exemption from the application of Dominant Licensee regulation to its facility in six individual markets of telecommunication services, overall services of retail telecommunication services to customers in the segment of the business and government customer with a yearly spend on the services of telecommunication of at least S$250,000. In the whole world, the most advanced communication and information technology is in Singapore with very great heights of access. This has become possible because of the countrys small size along with the increasing levels of government commitments towards excellence of telecommunication and income of people. SingTel Company was initially a monopoly on the field of ICT till the other companies entered in the market (Zhu, 2018). Environment Changes in climate and global warming can disturb how telecommunication services and products reach customers. In the matter of employment, with the advancement of technology, employees have to grab or adopt the changes. Products will come and go, frequently switched by something better (based on who is inquired, company or customer). Demands of the customers and telecom companies are anticipated to deliver. But with wants in the industry of telecom altering frequently, it's not definite which technology will remain for longer, be progressive, or discarded. SingTel Company faces the danger of the breakdown of, damage of, or loss to the infrastructure of the network from original (Catastrophe) or man-made reasons. Strengths Most of the operational, strategic and financial dynamics of SingTel are presently enhancing. It is working as a sign that the present business strategies of the company are demonstrating to be fruitful and successful (MBA Skool, 2018). The companys key business events are focused in Australia and Singapore and their associates are placed in Hong Kong, India, Philippines, Belgium, Indonesia, Thailand and Taiwan. The spread of geographical processes will help the company; because they will be less depending on the domestic market in order to earn revenue. Maximum of their businesses are receiving revenue growth in double-digit over the past year. Weaknesses In Asia, SingTel Company is a top telecommunication company; the customer service department of the company has some scope for improvement. Under the present highly competitive environment, companies have to offer different products, therefore; to do this the company should provide training to its employees in order to handle the problems of the customers more effectively. Opportunities Vietnam and Africa are the emerging markets in mobile space, which absolutely value their interest, and SingTel Company is keenly captivating the lead to discover the unused developing telecom market. Threats At the time when Star Hub and Mobile One get certificates to sell Apples widely held iPhone and they established on 9 December 2009, the 15th-month monopoly was lost by SingTel Company. Therefore, the company will probably face stronger competition in the domestic market. Recommendations The SingTel Company must make non-replaceable and appreciated competitive advantage by creating durable core competencies and proficiencies. Depending on the competitive advantage, Richard DAveni and Cliff Bowman used Strategy Clock in order to describe Michael Porters generic strategy. This strategy signifies diverse places in a market where consumers have diverse necessities in terms of worth for money. The company can have exclusive resources that others cant copy or acquire, for instance, long-term recognized brand; have a cost leadership as they follow lower-prices or price-based strategy. On the other hand, in the small local saturated market such as Singapore, managers might take hybrid strategy or differentiation strategy that offers exclusive or somewhat diverse services or products to customers from others by valuing a little higher. SingTel Company should implement a cost leadership strategy, because the company can competently make services with unique attributes, along with the ability to retain cost at the same time. The company can earn additional income by fulfilling the growing demands of the customer, and permit its services and products to be supposed inversely from the competitors which will work as an opportunity for the company to gain the customers loyalty. Along with this, the strategy of cost leadership would allow the company to vend its services and products both at normal prices in the industry in order to get more profits as compared to competitors or at less than the prices of the industry to increase the market shares. As alternatives or substitutes influence the companies of telecommunication by price competition, the strategy of cost leadership can be utilized in order to counter the new entrant's threat and alternates; providing it a competitive advantage (Zhu, 2018). Conclusion The above report has provided the brief explanation of the environmental factors that affect the financial position of the SingTel Company. PESTLE and SWOT are performed to explain the same which has explained all the factors that affect the business. Along with this, the report has provided some recommendation that can help SingTel Company to improve its productivity and competitive advantage. In the conclusion, it has been identified that the company can adopt cost leadership strategy to give competition to the new entrants in the Singapore market. References Business wire, 2010, Research and Markets: Singapore Telecommunications Limited (SingTel) - SWOT Analysis, Accessed on: 23 January 2018, Accessed from: https://www.businesswire.com/news/home/20101207005883/en/Research-Markets-Singapore-Telecommunications-Limited-SingTel-- Dun Bradstreet, 2018, Singapore Telecommunications Limited Company Information, Accessed on: 23 January 2018, Accessed from: https://www.hoovers.com/company-information/cs/company-profile.singapore_telecommunications_limited.c030f6883ed3f00b.html Frue, K., 2018, PESTLE Analysis of the Telecommunication Industry, Accessed on: 23 January 2018, Accessed from: https://pestleanalysis.com/pestle-analysis-of-the-telecommunication-industry/ MBA Skool, 2018, SingTel Optus SWOT Analysis, USP Competitors, Accessed on: 23 January 2018, Accessed from: https://www.mbaskool.com/brandguide/telecom-service-providers/10444-singtel-optus.html National Library Board Singapore, 2018, Singapore Telecommunications (SingTel), Accessed on: 23 January 2018, Accessed from: https://eresources.nlb.gov.sg/infopedia/articles/SIP_1610_2011-03-21.html SingTel, 2018, About The Singtel Group, Accessed on: 23 January 2018, Accessed from: https://info.singtel.com/sustainabilityreport2015/pdf/Chapter3_SR2015_AboutSingtel.pdf SingTel, 2018, Company Profile, Accessed on: 23 January 2018, Accessed from: https://www.singtel.com/about-us/company/company-profile Zhu, A., 2018, Singtel Business-level Strategy, Accessed on: 23 January 2018, Accessed from: https://business-strategy-competition.knoji.com/singtel-businesslevel-strategy/ Zhu, A., 2018, External Analysis of Singapore Telecom, Accessed on: 23 January 2018, Accessed from: https://business-strategy-competition.knoji.com/external-analysis-of-singapore-telecom/