Client Centric Aproach for Brokerage Business Essay

Customer Centric Aproach for Brokerage Business - Essay Example For business, for example, financier firm, it turns out to be increasingly significant that they ought to advance and humiliate customer driven methodology on the grounds that by building long haul connections, the organizations can accomplish the vital broadness and spotlight on its clients to accomplish key prevalence yet in addition increase vital upper hand over their opposition. It is in this manner exceptionally important that the organizations engaged with business which requires unique and possibly touchy associations with the customers, a customer driven methodology would be a suitable and compelling choice to accomplish the vital destinations. Be that as it may, such methodology require a community approach since drawing in with the customer from the underlying phases of enlisting as a customer to the way toward directing business through the financier firm requires an engaged procedure to create viable associations with the customers. This paper would endeavor to comprehend and investigate how the customer driven methodology would permit a business firm to pick up customer resources/portion of wallet. The focal point of this paper will be two overlay. First it would examine what the customer driven methodology is and furthermore its application on the financier business will be considered. A financier firm goes about as a middle person between the purchaser and the merchant, ordinarily in a securities exchange. Because of particular nature of the stock trade working, there is a more noteworthy requirement for the monetary go-betweens who assume the job of a connection between the purchasers and the dealers with the goal that the trade against some thought can happen. A markdown dealer is an individual who does the matter of purchasing and selling at much decreased commissions and charges and so forth. The reason for the stock specialist subsequently is to address that section of the market which couldn't in any case bear the cost of the typical high paces of the financier firms which offer comparative types of assistance. In doing as such, firm will in general pull in greater part of the little financial specialists particularly who because of absence of capital. The focal point of such financial specialists thusly consistently stays on lessening the exchange costs with the goal that they can expand their benefits. Firms offering such administrations in this manner will in general be summed up in nature as they offer administrations which are not really separated subsequently such firms need to build up their strengths dependent on evaluating just as non-estimating factors. Since such sorts of firms are offering markdown benefits along these lines they are as of now driving around there in any case, non-estimating factors incorporate the utilization of various and improve methods for pulling in and look after clients. Being customer driven is one such mean through which such kind of firms endeavor to draw in customers. So as to evaluate the customer driven methodology being received by rebate intermediary firm, we should likewise comprehend with regards to how the markdown firms play out their employments. Rebate firms don't offer exhortation to their customers and just rat whatever you have along these lines this diminishes their spreads and offer administrations which are limited. It is additionally contended that the rebate dealers are utilized by the accomplished financial specialists who can do their own examination and as it were

Hamlet Act Iii Climax Essay

In The Tragedy of Hamlet, Prince of Denmark Shakespeare utilizes embodiment, reference, and a facetious inquiry to advocate that the climatic snapshot of Act III is when King Claudius admits to the homicide of King Hamlet in light of the fact that, by definition, the demonstration turns the activity of the scene around, driving toward an unavoidable end. Shakespeare utilizes representation when King Claudius says that â€Å"[his] offense is rank, it scents to heaven† (line 36). Claudius’ blame of murdering his own one of a kind sibling, King Hamlet, is continually on his cognizant, which is the reason he gives the â€Å"offense† the quality of a position smell, something whose nearness is steady and rotten. The reason for embodying Claudius’ â€Å"offense† to have a smell that scopes to paradise is on the grounds that Claudius knows that paradise is the place King Hamlet’s soul lies because of his own shortcoming, and his admit to the homicide will drive the scene to an unavoidable end since he has discharged key data to a driving secret in the plot line. Shakespeare makes a scriptural inference to Abel and Cain in lines 37-38 of the play when Claudius says that his â€Å"offense [†¦] hath the basic oldest revile upon’t,/A brother’s murder! †. Shakespeare is making up that murder is rarely obsolete; regardless of the time or the spot, the homicide of a sibling by a sibling is never worthy according to society or God. This mention intentionally educates us that King Claudius killed his sibling, King Hamlet, as a notice that falling activity concerning Claudius’ unpardonable acts is to continue. Claudius logically solicits, â€Å"O, what type of petition/Can serve my turn? † (lines 51-52). Claudius’ asks this with the information that there is no type of supplication that would serve his turn since his demonstrations were unpardonable and he should confront the ramifications for them. Non-serious inquiries are in every case promptly replied, regardless of whether legitimately or by implication, and King Claudius’ question is subsequently to be addressed through the falling activity that is to continue after his talk. In King Claudius’ speech in Act III he admits to the homicide of his own sibling, the late King Hamlet, while likewise conceding that it is reprehensible, giving the demonstration no place else to turn, however to definitive results to King Claudius’ broken activities.

The Role of the Conscious Mind

The Role of the Conscious Mind Theories Personality Psychology Print The Role of the Conscious Mind By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Updated on September 29, 2019 Paul Souders / The Image Bank / Getty Images More in Theories Personality Psychology Myers-Briggs Type Indicator Behavioral Psychology Cognitive Psychology Developmental Psychology Social Psychology Biological Psychology Psychosocial Psychology In Sigmund Freuds psychoanalytic theory of personality, the conscious mind consists of everything inside of our awareness. This is the aspect of our mental processing that we can think and talk about in a rational way. The conscious mind includes such things as the sensations, perceptions, memories, feeling, and fantasies inside of our current awareness. Closely allied with the conscious mind is the preconscious, which includes the things that we are not thinking of at the moment but which we can easily draw into conscious awareness. Things that the conscious mind wants to keep hidden from awareness are repressed into the unconscious mind. While we are unaware of these feelings, thoughts, urges, and emotions, Freud believed that the unconscious mind could still have an influence on our behavior. Things that are in the unconscious are only available to the conscious mind in disguised form. For example, the contents of the unconscious might spill into awareness in the form of dreams. Freud believed that by analyzing the content of dreams, people could discover the unconscious influences on their conscious actions. The Conscious Mind Is Just the Tip of the Iceberg Freud often used the metaphor of an iceberg to describe the two major aspects of human personality. The tip of the iceberg that extends above the water represents the conscious mind. As you can see in the image at the right, the conscious mind is just the tip of the iceberg. Beneath the water is the much larger bulk of the iceberg, which represents the unconscious. While the conscious and preconscious are important, Freud believed that they were far less vital than the unconscious. The things that are hidden from awareness, he believed, exerted the greatest influence over our personalities and behaviors. Conscious vs. Preconscious Differences The conscious mind involves all of the things that you are currently aware of and thinking about. It is somewhat akin to short-term memory and is limited in terms of capacity. Your awareness of yourself and the world around you are part of your consciousness. The preconscious mind, also known as the subconscious mind, includes things that we might not be presently aware of but that we can pull into conscious awareness when needed. You might not presently be thinking about how to do long division, but you can access the information and bring it into conscious awareness when you are faced with a math problem. The  preconscious mind is a part of the mind that corresponds to ordinary memory. These memories are not conscious, but we can retrieve them to conscious awareness at any time. While these memories are not part of your immediate awareness, they can be quickly brought into awareness through conscious effort. For example, if you were asked what television show you watched last night or what you had for breakfast this morning, you would be pulling that information out of your preconscious. A helpful way to think of the preconscious is that it acts as a sort of gatekeeper between the conscious and unconscious parts of the mind. It allows only certain pieces of information to pass through and enter conscious awareness. Phone numbers and social security numbers are also examples of information stored in your preconscious mind. While you do not walk around consciously thinking about this information all the time, you can quickly draw it out of your subconscious when you are asked to relate these numbers. In Freud’s iceberg metaphor, the preconscious exists just below the surface of the water. You can see the murky shape and outline of the submerged ice if you focus and make an effort to see it. Like the unconscious mind, Freud believed that the preconscious could have an influence on conscious awareness. Sometimes information from the preconscious surfaces in unexpected ways, like in dreams or in accidental slips of the tongue (known as Freudian slips). While we might not be actively thinking about these things, Freud believed they still served to influence conscious actions and behaviors. Freuds Conscious and Unconscious Mind

SEC 575 Week 6 Assignment Business Ethics Simulation Essay

WEEK 6 Business Ethics Simulation 1. What should CEO Werner say to the Division Chiefs? Is the decision ethical? Why or why not? I think from looking at and seeing the three choices, I would tell the Division Chiefs that: With what is going on a lot of companies are doing business with China right now. How do you be different and get around the problem? I dont think that this decision that was given is ethical because it is the senior officers of the company that are making the ethical decision that would greatly affect all of the subordinates in the company and the company itself, but having said this I believe that this would be the best decision. With more and more companies that are turning to China to do business†¦show more content†¦I do so because as I stated it was not my choice in these matters but I can help try to remedy them and along the way not become bribed or a pawn in their game. 3. What are the implications of payments being made by the subordinate? This shows she has knowledge of what is going on but it is not for me to implicate her. Even in the dealings showing that it is wrong here in our country it is ok there. She may have been bribed to do the dealings and it will be her that is held accountable for it. I do think though that having seen what I found I need to continue with pushing for a better resolution to help all parties involved in this. I do know that having someone lower on the totem pole will allow them to cover themselves if it is brought up in charges. 4. Epilogue: From your perspective, how does the simulation impact ethical considerations for organizations? The ethical considerations for any company are highly valuable and by far the important aspect of any company or organization. The decisions that any CEO or manger would make will have a lasting and heavy impact on everyone that belongs to the organization. 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Essay on EMINEM How Much Damage Can You Do With a Pen

EMINEM: How Much Damage Can You Do With a Pen Damn how much damage can you do with a pen, says rapper Eminem in his song titled, Who Knew. This song is on Eminem’s most recent and most controversial album, The Marshall Mathers LP. If it possible for one single quote to sum up my research paper, then this quote does it. There exists an intense and extremely controversial set of circumstances surrounding Eminem and his music. Eminem’s lyrics have been intensely criticized lately and have been categorized as hate-filled and inappropriate by many gay organizations. The leading organization in this controversy is the Gay and Lesbian Alliance Against Defamation, more commonly referred to as GLAAD. Their primary focus is to create†¦show more content†¦He gives the example of an interaction between the managers and the employees of an organization, where a dispute over productivity is occurring. However frame of reference can be used in discussing the dispute between Eminem and GLAAD over hate lyrics. Just like th e managers and the employees, Eminem and GLAAD’s actions are seen by themselves through this narrow focus that allows groups or individuals to see or perceive the same situation in completely different ways. Eminem’s focus is limited to creating lyrics that will sell him records, no matter how offensive they are. He claims that his lyrics are not hate-filled and thus are not offensive. This is typical frame of reference behavior. Of course to Eminem, the creator of these lyrics, they are not going to seem offensive. He is simply viewing the situation through his own eyes, and is forgetting to truly take in to account those who he is possibly offending. Just like Eminem is viewing the situation one way, GLAAD’s own frame of reference is making them form opinions that do not take into account why Eminem writes these lyrics. GLAAD needs to realize that Eminem is first and foremost a businessman, whose primary objective is to make money, by selling records. Whether or not the way in which Eminem goes about making his money is beside the point, while discussing frame of reference. Both EminemShow MoreRelatedMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pages‘full story’ that follows this summary gives you considerable detail about how to go about a case analysis, but for now here is a brief account. Before we start, a word about attitude – make it a real exercise. You have a set of historical facts; use a rigorous system to work out what strategies should be followed. All the cases are about real companies, and one of the entertaining bits of the analysis process is to compare what you have said they should do with what they really have done. So, it is

Financial Analysis of Axis Bank Free Essays

CORPORATE FINANCE END TERM PROJECT To study the Financials of ICICI bank, HDFC bank and Axis bank and to conduct Comparative Financial Analysis among them. UNDER THE GUIDANCE: Dr. ASHISH GARG PROGRAM COORDINATOR PGDM (FINANCE) Submitted by: Janmey Patel (202) Nikhil Arora (206) Shashank Mohore (228) Aniket Gupta (229) Parandeep Singh Chawla (231) TABLE OF CONTENTS Overview of Indian Banking Industry4 Types of Commercial Bank4 Public Sector Bank4 Private Sector Bank4 Foreign Bank4 Regional Rural Banks4 Overview of ICICI Bank 5 Overview of Axis Bank 5 Overview of HDFC Bank 5 Stock Analysis6 Return Risk Analysis7 Calculations:7 Terms:7 Risk7 Return7 Risk Returns Figures8 Covariance Correlations8 Terms8 Correlation Effect8 Covariance Correlation Figures8 Portfolio Variance Standard Deviation9 Portfolio Return Figures9 Portfolio Risk Figures9 Cost of Capital10 Cost of Debt10 Cost of Equity10 Cost of Debt Equity Figures10 Weighted Average Cost of Capital Calculations11 Comparative Analysis11 Leverages11 Leverage Figures12 Graphical Representation for Leverages12 P/E Ratio Analysis13 P/E Ratio Figures13 Dividend Policy Analysis13 Dividend Yield and Dividend Payout Ratio14 Conclusions and Inference14 Return14 Risk15 Choice based upon Risk and Return15 Cost of Capital16 Choice Based on Cost of Capital16 PE Ratio Analysis17 Leverage17 Dividend Policy18 Overview of Indian Banking Industry Types of Commercial Bank Public Sector Bank In case of Public Sector banks the major shareholders is Government of India. We will write a custom essay sample on Financial Analysis of Axis Bank or any similar topic only for you Order Now For example State Bank of India, Punjab National Bank, Bank of India etc. Private Sector Bank In case of Private Sector Banks the major Shareholders are Private Individuals. For example ICICI Bank, Axis Bank, HDFC Bank etc. Foreign Bank In case of Foreign Bank the major Shareholders are the foreign entities. For example Standard Chartered Bank, Citi Bank, HSBC etc. Regional Rural Banks In case of Regional Banks the major shareholders are Central Government, Concerned State Government and Sponsor Bank in the ratio of 50:15:35. For example Andhra Pradesh Grameena Vikas Bank etc. Overview of ICICI Bank ICICI (Industrial Credit and Investment Corporation of India) Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management. ICICI bank is the 2nd largest bank in India by assets and 3rd largest by  market capitalization. Overview of Axis Bank Axis Bank was begun its operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i. e. National Insurance Company Ltd. , The New India Assurance Company Ltd. , The Oriental Insurance Company Ltd. nd United India Insurance Company Ltd. Overview of HDFC Bank HDFC (Housing Development Finance Corporation Limited) bank was amongst the first to receive an approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI’s liberalization of the Indian Banking Industry in 1994. HDFC Bank is the fifth largest bank in India by assets and the second largest bank by  market capitalization  as of march 31, 2012. Stock Analysis Bankex (Index tracking the performance of leading banking sector stocks) has grown at a compounded annual rate of about 31%. India’s gross domestic product (GDP) growth will make the Indian banking industry the third largest in the world by 2025. In coming years with its assets size poised to touch USD 28,500 billion by the turn of the 2025 from the current asset size of USD 1,350 billion. Return ; Risk Analysis Calculations: 1) The daily stock prices for the 3 banks for the duration of 5 years are taken from Nifty. 2) For the daily stock prices of the market we took the figures for 5 years of Nifty Bank. ) Formula for Daily Return Current Stock Price-Previous Stock PricePrevious Stock Prices 4) Average Daily Return is calculated by taking the average of Daily Returns. 5) Formula for Annualized Daily Return (1+Average Daily Return)249 – 1 6) Formula for Beta Covariance(Market, XYZ Bank)Standard DeviationMarket*Standard Deviation(XYZ Bank) 7) Formula for Annualized Stand ard Deviation (1+Variance(XYZ))249 – 1 8) Formula for Correlation Covariance(X, Y)Standard DeviationX*Standard Deviation(Y) Terms: Risk 1) Risk is the chance that an  investment’s actual  return  will be  different  than expected. 2) Risk  is usually measured by calculating he  standard deviation  of the  historical returns  or  average returns  of a specific investment. 3) A high standard deviations indicates a high degree of risk. Return 1. The gain or loss  of a security in a particular period. 2. The return consists of the  income  and the  capital gains relative  on an  investment. 3. It is usually quoted as a percentage. Risk ; Returns Figures Particulars| ICICI Bank| Axis Bank| HDFC Bank| Average Daily Return | 0. 001| 0. 001| 0. 00031| Standard Deviation | 0. 034| 0. 032| 0. 03393| Covariance (Nifty Bank, X)| 0. 001| 0. 001| 0. 00048| Standard Deviation (Nifty Bank)| 0. 025| 0. 025| 0. 02454| Beta | 1. 53| 1. 077| 0. 80000| A nnualised Daily Return | 0. 159| 0. 331| 0. 08| Annualised Standard Deviation | 0. 580| 0. 545| 0. 58| Annualised Standard Deviation (Nifty Bank)| 0. 402| 0. 402| 0. 40| Covariance ; Correlations Terms Correlation Effect 1. Relationship depends on correlation coefficient 2. -1. 0 ; r ; +1. 0 3. The smaller the correlation, the greater the risk reduction potential 4. If r = +1. 0, no risk reduction is possible Covariance ; Correlation Figures Covariance| ICICI Bank| Axis Bank| HDFC Bank| ICICI Bank| 1. 00000| 0. 00081| 0. 00058| Axis Bank| 0. 00081| 1. 00000| 0. 00052| HDFC Bank| 0. 00058| 0. 0052| 1. 00000| Correlation| ICICI Bank| Axis Bank| HDFC Bank| ICICI Bank| NA| 0. 00255| 0. 00174| Axis Bank| 0. 00255| NA| 0. 00167| HDFC Bank| 0. 00174| 0. 00167| NA| Portfolio Variance ; Standard Deviation Portfolio Return Figures Equal Weight Portfolio Return| Particulars| Return | Weight | Portfolio Return| ICICI | 16| 0. 33| 5. 333| HDFC | 8| 0. 33| 2. 667| AXIS | 33. 07| 0. 33| 11. 023| T otal | 19. 023| Portfolio Risk Figures RISK (%) | ICICI | 0. 58| HDFC | 0. 58| AXIS | 0. 55| Portfolio | 0. 3278| Cost of Capital It is the minimum rate of return the suppliers of capital would expect to receive if the capital were invested. Cost of Debt Cost of debt is calculated using the formula: cost of debt kd=interest X (1-t)debt 1) Interest is the amount paid by the company as a interest on the Debt in the current year. It is taken from the Profit ; Loss statement of the company. 2) Debt is long term debt which we have taken from the Balance Sheet of the Company. 3) The tax rate t is the corporate tax rate and is equal to the 33. 9%. Cost of Equity The Cost of Equity in this case has been calculated with the help of Gordan Dividend Model. Cost of Equity ke=Proposed DividendMarket Price per Share*Number Of Shares+Dividend Growth Rate Cost of Debt ; Equity Figures Particulars| ICICI Bank| Axis Bank| HDFC Bank| Interest (Interest Expenses)| Rs. 8,50,44,350. 00| Rs. 1,79,32,646. 00| Rs. 2,29,99,060. 00| Total Debt| Rs. 1,40,16,49,073. 00| Rs. 34,07,16,721. 00| Rs. 23,84,65,086. 00| Corporate Tax Rate| 30. 00%| 30. 00%| 30. 00%| Cost of Debt (kd)| 4. 25%| 3. 68%| 6. 75%| Equity Capital| Rs. 1,15,27,683. 00| Rs. 41,32,039. 00| Rs. 46,93,377. 00| Proposed Equity Share Dividend| Rs. 1,90,20,400. 00| Rs. 77,00,725. 00| Rs. 1,17,27,733. 00| Number of Shares| 13565154| 41,32,03,952| 23,36,704| Dividend Growth Rate (g)| 17. 95%| 14. 87%| 30. 06%| Cost of Equity (ke)| 18. 11%| 14. 87%| 31. 02%| Weighted Average Cost of Capital Calculations Comparative Analysis Leverages The leverage analysis consists of: 1) Operational Leverage defined by Degree of Operational Leverage. 2) Financial Leverage defined by Degree of Financial Leverage. 3) Total leverage defined by Degree of Combined Leverage. Operational Leverage (DOL) = % change in EBIT % change in Sales Financial Leverage (DFL) =% change in EPS% change in EBIT Total Leverage (DCL) = % change in EPS% change in Sales = DOL* DFL Leverage Figures Graphical Representation for Leverages P/E Ratio Analysis P/E ratio is calculated using the formula: P/E RATIO=Current market price of share EPS P/E Ratio Figures Dividend Policy Analysis Dividends paid by a firm are measured using one of two measures. 1) Dividend Yield: Which relates the dividend paid to the price of the stock. Dividend Yield=Annual Dividend per Share Market Value per Share 2) Dividend Payout Ratio: Relates dividend paid to the earning of the Firms. Dividend Payout Ratio=Dividend Distributed Total Earnings Dividend Yield and Dividend Payout Ratio Particulars| ICICI Bank| Axis Bank| HDFC Bank| Dividend Paid (000’s)| Rs. 19,013,434| Rs. 6,697,611| Rs. 7,695,463| Number of shares| 13,565,154| 413,203,952| 2,336,704| Dividend per share| 1. 402| 0. 016| 3. 293| Intrinsic value per share| 890. 2| 1146. 2| 519. 85| Dividend Yield| 0. 157%| 0. 001%| 0. 634%| Earnings (000’s)| Rs. 103,860,000| Rs. 74,308,700| Rs. 89,504,000| DP Ratio| 0. 183| 0. 090| 0. 086| Retention Ratio| 0. 817| 0. 910| 0. 914| Conclusions and Inference Return As one can see from the above chart , Axis Bank offers the highest returns per annum at 33% , followed up by ICICI and HDFC Bank at 16% and 8% respectively. It can be safely concluded that Axis Bank is the best option to invest in. Let us now have a look at the Risk analysis before we go any further. Risk The following chart depicts the Risk witnessed by each of the Banks. As one will notice, each of the three Banks i. e. ICICI , Axis and HDFC Bank belong to the same risk class. Risk of ICICI and HDFC Bank is equal at 58%, while that of Axis Bank is little lower at 54%. There is not much to choose between the Banks when it boils down to Risk. Choice based upon Risk and Return Based upon Risk and Return Assessment Axis Bank stands out to be a clear choice. On one hand it offers returns which are twice that of ICICI Bank and four times in comparison to HDFC Bank, on the other hand, its risk is marginally lower than that of the other two Banks, which makes AXIS Bank to be the standout choice. Cost of Capital The Cost of Capital of each Bank is depicted in the following chart: As one can see from the above chart The total cost of Capital for ICICI Bank averages out to be 8. 42%, Whereas Axis Bank has a WACC of 8. 15 % and HDFC bank has its cost of capital in excess of 20%. HDFC Bank needs to substitute its Equity and reserves with more of Debt, if it wants to lower down its WACC. Cost of Capital for HDFC Bank is high primarily owing to its huge Cost of Equity which is more than 30%. It needs to substitute more of debt in its Capital Structure if it wants to reduce its hurdle rate. Choice Based on Cost of Capital If one is viewing the affairs og the company based on the Cost of Capital, HDFC gets eliminated without any second thought. It needs to bring down its Cost of Capital if it wants to sustain in the long run. While on the other hand there is not much to choose between ICICI and Axis Bank , as both of them have almost the same hurdle rate close to 8%. PE Ratio Analysis The PE Ratio of ICICI and Axis Bank is very much comparable. ICICI Bank has a PE ratio of around 15 , whereas, the same for Axis Bank Hovers around at 11. One can easily draw a conclusion that investors are willing to pay more for ICICI Bank and also expect a higher growth rate in its earnings in the future. Following Chart depicts the comparative analysis of ICICI Bank along with HDFC Bank and ICICI Bank. It can be clearly seen that the PE ratio of ICICI Bank and Axis Bank are Comparable. But, the PE Ratio of HDFC exceeds 120. One can safely draw a conclusion that the Market Price of HDFC Bank is highly overpriced compared with the Industry average and one can expect a downfall in its share prices in the near future, because such high level of PE Ratio cannot be sustained in the long run. Leverage The Position of Leverages for each of the Banks depict the same story. Following chart will substantiate it: Each of the Banks has a operating leverage lower than 1 , which implies that EBIT is not increasing in the same proportion as the sales of these Banks. Even the degree of financial leverage and the degree of combined leverage of each of these three Banks is comparable and there is not much to choose from when it comes to leverages. Dividend Policy When it comes to total dividend Paid by the Bank, ICICI Bank exceeds the two other Banks with quite a margin. The following Chart depicts the situation more comprehensively: As one can see from the Chart ICICI Bank is the clear leader when it comes to the amount of dividend paid, while there is not much to choose between Axis Bank and HDFC Bank. Total Amount of Dividend Paid doesn’t show the true picture as , it has not been adjusted for number of shares. In other words , Dividend per share will show the appropriate picture. Following chart will depict the amount of dividend paid by each bank per share. As one can see clearly from the graph above , it is the HDFC Bank which is more liberal while declaring the dividend vis-a-vis ICICI and Axis Bank. HDFC pays dividend in excess of Rs 3 per share. ICICI pays a dividend just exceeding a rupee on a share. While, Axis Bank doesn’t even pay 50 paisa on a share. From Investors point of view who wants a steady flow of Income, HDFC stands out to be the most logical choice of Investment. Such an Investor should obviously resist and desist from investing any amount of money in AXIS Bank. How to cite Financial Analysis of Axis Bank, Essay examples

Starbucks free essay sample

With fast food chains offering coffee as well as dollar menus, it only makes sense for Cataracts to compete for at least a small share in the value price food and beverage market. Unlike most fast food chains though, Cataracts is looked upon to be a more premium brand for food and beverages and they have had great success doing it. So the main objective would be trying to lower prices of their products while still maintaining that premium status. With already having great success, it makes zero sense to change their whole business outlook and become a value store and compete with cheaper food chains.Cataracts did it right by just offering the more affordable Instant Packs to consumers for them to make to make on their own because they still keep that Cataracts premium trademark but yet sell it at a lower price. But since the recession in 2007, a lot of people started to be a little more careful with their finances and the first thing to cut back on are things like Cataracts, they go to those cheaper places like Dunking Doughnuts or McDonalds to get those cheaper cups of coffee. We will write a custom essay sample on Starbucks or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page McDonalds even went as far as to offer free coffee with the purchase of a cheap sausage biscuit. Talk about throwing punches.Cataracts had to make a strategic move to keep competing in the coffee market. 3. This is a tough one because though both companies are selling the same product, they tailor to different people. Another thing that makes determining the winner of this question difficult is that, Cataracts is trying to become more like McDonalds. This might sound like McDonalds would be the winner in the long run, but McDonalds is actually trying to become more like Cataracts. As mentioned in the previous question, Cataracts is pushing a more value ricer menu for the many to dont wish to spend 5 bucks on a cup of coffee.McDonalds is now trying to merge into the high-end coffee market. In fact, I actually heard that they are actually trying to put coffee bars on a lot of their restaurants in the near future. Is that a Risky decision by McDonalds? Sure think it is. But overall I think since McDonalds is more established and has more value offerings as well as high-end offerings, that they will be the overall winner in the long run. Cataracts I dont think quite has the variety of overall products that McDonalds has to really compete with them. Starbucks free essay sample Case One: Starbucks Even with the â€Å"No. 1 Best Coffee† Award from Zagat’s Survey of National Chain Restaurants as well as numerous other awards and recognition under their belt, Starbucks remains vulnerable to the ever-changing, ever-demanding needs of their customers (Starbucks Company Recognition). In order to succeed in the service industry, companies must provide impeccable customer service in addition to rewarding their customers through programs and promotional strategies. Currently, Starbucks has reward programs and promotional strategies in place, but they have failed to construct them in a way that fairly and appropriately benefits their customers. In addition, Starbucks’ reward programs are generally unknown by most people and are not advertised enough so that people actually know they can receive those rewards and benefits. As a whole, Starbucks needs to cater to its loyal, and more importantly, profitable customers in a more suitable way. Therefore, Starbucks should implement more advertisements of their reward programs, minimize the requirements for receiving benefits, and maximize the incentives and promotional offerings. We will write a custom essay sample on Starbucks or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page By doing so, they will surely please their customers, create more loyal or repeat customers, and ultimately increase profit. Starbucks did not earn the â€Å"No. 1 Best Coffee† Award overnight. It took decades for them to get there. In 1971, Starbucks opened its first store in Seattle’s historic Pike Place Market (Our Heritage). The name, which was inspired by the first mate in Herman Melville’s Moby Dick, hinted to the romance of the high seas and the seafaring tradition of the early coffee traders. The logo is also inspired by the sea—featuring a twin-tailed siren from Greek mythology (Starbucks Company Profile). From just a small store in Pike Place Market, Starbucks attracted Howard Shultz with their offerings of some of the world’s finest fresh-roasted whole bean coffees. Shultz would soon become chairman, president, and executive officer, but not before joining the company in 1981 or exploring Italian coffee bars two years later in 1983 (Our Heritage). Deeply inspired by the romance of the coffee experience while in Italy, Shultz left Starbucks for a short period of time to start his own coffeehouse. However, he returned in 1987 to purchase Starbucks with the help of local investors (Our Heritage). Starbucks states within their company background posted online that their goal was to remain a different kind of company that celebrated coffee and its rich tradition and bring a feeling of connection throughout the cities and towns they inhabited. Appropriately coinciding with those goals, Starbucks’ mission is to â€Å"inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time† (Our Heritage). And now, with more than 17,000 stores in over 55 countries, â€Å"Starbucks is the premiere roaster and retailer of specialty coffee in the world† (Our Heritage). They have sought to bring both their heritage and an exceptional experience to life through their coffee, which many can testify they have succeeded in doing so. Even though Starbucks has prospered in making a significant mark within the coffee business, there remain areas where changes or reforms need to be made. One area that is lacking and therefore causing frustration among customers and an overall decline in profit is the Starbucks Card program. This promotional program, designed to reward loyal customers through rewards like â€Å"free select syrups and milk options, free refills on brewed or iced coffee or tea during same store visit, a free tall (12 oz. ) beverage with one pound of whole bean coffee purchase, special exclusive offers and coupons, and, with Gold Member status, one free drink after the purchase of fifteen drinks†, remains unknown among many Starbucks customers (Card FAQs).