What is organizational structures Essay Example for Free

What is organizational structures Essay An organizational structure consists of activities such as task allocation, coordination and supervision, which are directed towards the achievement of organizational aims. It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment. Organizations are a variant of clustered entities. An organization can be structured in many different ways, depending on their objectives. The structure of an organization will determine the modes in which it operates and performs. Organizational structure allows the expressed allocation of responsibilities for different functions and processes to different entities such as the branch, department, workgroup and individual. Organizational structure affects organizational action in two big ways. First, it provides the foundation on which standard operating procedures and routines rest. Second, it determines which individuals get to participate in which decision-making processes, and thus to what extent their views shape the organization’s actions. Example:- INTRODUCTION TO ICICI BANK ICICI Bank is Indias second-largest bank with total assets of about Rs.1,67,659 crore at March 31, 2005 and profit after tax of Rs. 2,005 crore for the year ended March 31, 2005 (Rs. 1,637 crore in fiscal 2004). ICICI Bank has a network of about 560 branches and extension counters and over 1,900 ATMs. ICICI 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 and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. ICICI Bank set up its international banking group in fiscal 2002 to cater to the cross border needs of clients and leverage on its domestic banking strengths to offer products internationally. ICICI Bank currently has subsidiaries in the United Kingdom and Canada, branches in Singapore and Bahrain and representative offices in the United States, China, United Arab Emirates, Bangladesh and South Africa. ICICI Banks equity shares are listed in India on the Stock Exchange, Mumbai and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE). As required by the stock exchanges, ICICI Bank has formulated a Code of Business Conduct and Ethics for its directors and employees. At April 4, 2005, ICICI Bank, with free float market capitalization of about Rs. 308.00 billion (US$ 7.00 billion) ranked third amongst all the companies listed on the Indian stock exchanges. ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICIs shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000, ICICI Banks acquisition of Bank of Madura Limited in an all-stock amalgamation in fiscal 2001, and secondary market sales by ICICI to institutional investors in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. In the 1990s, ICICI transformed its business from a development financial institution offering only project finance to a diversified financial services group offering a wide variety of products and services, both directly and through a number of subsidiaries and affiliates like ICICI Bank. In 1999, ICICI become the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE. After consideration of various corporate structuring alternatives in the context of the emerging competitive scenario in the Indian banking industry, and the move towards universal banking, the managements of ICICI and ICICI Bank formed the view that the merger of ICICI with ICICI Bank would be the optimal strategic alternative for both entities, and would create the optimal legal structure for the ICICI groups universal banking strategy. The merger would enhance value for ICICI shareholders through the merged entitys access to low-cost deposits, greater opportunities for earning fee-based income and the ability to participate in the payments system and provide transaction-banking services. The merger would enhance value for ICICI Bank shareholders through a large capital base and scale of operations, seamless access to ICICIs strong corporate relationships built up over five decades, entry into new business segments, higher market share in various business segments, particularly fee-based services, and access to the vast talent pool of ICICI and its subsidiaries. In October 2001, the Boards of Directors of ICICI and ICICI Bank approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. The merger was approved by shareholders of ICICI and ICICI Bank in January 2002, by the High Court of Gujarat at Ahmedabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. Consequent to the merger, the ICICI groups financing and banking operations, both wholesale and retail, have been integrated in a single entity. Figure.1 Microsoft Corporation Microsoft Corporation is an American multinational software corporation headquartered in Redmond, Washington that develops, manufactures, licenses, and supports a wide range of products and services related to computing. The company was founded by Bill Gates and Paul Allen on April 4, 1975. Microsoft is the worlds largest software maker measured by revenues. It is also one of the worlds most valuable companies. Microsoft was established to  develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by the Microsoft Windows line of operating systems. The companys 1986 initial public offering, and subsequent rise in its share price, created an estimated three billionaires and 12,000 millionaires from Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions. In May 2011, Microsoft acquired Skype Technologies for $8.5 billion in its largest acquisition to date. As of 2013, Microsoft is market dominant in both the PC operating system and office suite markets (the latter with Microsoft Office). The company also produces a wide range of other software for desktops and servers, and is active in areas including internet search (with Bing), the video game industry (with the Xbox and Xbox 360 consoles, and the upcoming Xbox One console), the digital services market (through MSN), and mobile phones (via the Windows Phone OS). In June 2012, Microsoft announced that it would be entering the PC vendor market for the first time, with the launch of the Microsoft Surface tablet computer. In the 1990s, critics began to contend that Microsoft used monopolisticbusiness practices and anti-competitive strategies including refusal to deal and tying, put unreasonable restrictions in the use of its software, and used misrepresentative marketing tactics; both the U.S. Department of Justice and European Commission found the company in violation of antitrust laws. On August 20, 2013, Microsoft announced that its CEO, Steve Ballmer, will retire from the company after a successor is chosen. Microsoft Organizational structure The following is a sample of the Microsoft Executive Organization Chart published by Directions on Microsoft, an independent research firm focused exclusively on Microsoft strategy technology. More samples of our content, as well as a list of upcoming articles and reports are also available. Planning and organization are crucial for an organization to achieve maximum effectiveness and success. Microsoft Company, for instance, has an organizational structure consisting of board of directors who include Steve Ballmer as chief executive officer (CEO), senior leaders, executives, and technical leaders. Founded in 1975, Microsoft has grown today into a worldwide leader in software and services (Microsoft, 2009). The organizational structure of Microsoft proves to be efficient and effective. A comparison to other organizations demonstrates the importance of an organizational structure and shows commonalities as well as differences in structure. A further analysis of Microsoft Company explains the impact of organizational functions to the organizational structure. Lastly, the organizational design of Microsoft exhibits the best structure to meet the organizations needs. The organizational structure for Microsoft’s management, functions, and design all play a key role in the success of Microsoft. The organizational function of any company starts with the employees. Employees are grouped based on knowledge and experience into departments such as marketing, finance, human resources, operations, etc†¦ and is referred to as departmentalization. â€Å"Organization structure is comprised of functions, relationships, responsibilities, authorities, and communications of individuals within each department (Sexton, 1970, p. 23) and is depicted in an organizational chart. An organizational chart identifies the business functions and reporting order.

The Good Death - :: essays research papers

Terrorism is a highly effective tool in getting worldly attention but if we increase the punishments we can then decrease the amount of terrorism. In order to stop terrorism we need to understand what terrorism is. 'Terrorism is the unlawful use or threat of violence against persons or property to further political or social objectives (The Vice President's Task Force on Combating Terrorism, pg. 17).'; Terrorist can use many different approaches. Sometimes they give warnings and sometimes they don't. The best ways to solve terrorism is by understanding the reasons behind it, ending publicity for it, and increasing securitiy measures for it.   Ã‚  Ã‚  Ã‚  Ã‚  Terrorism is used to change a groups political or social objectives. 'It is generally intended to intimidate or coerce a governments, individuals or groups to modify their behavior or policies (The Vice President's Task Force on Combating Terrorism, pg. 17).'; Violence is its main ley in obtaining this change. Terrorist aim at the entire population. Which increases their chance of change. There id do much terrorism due to its unnecessary success. Terrorism has become out of hand. 'Terrorism has become the accepted model for the modern use of force, with terrorists them selves often enjoying more moral credibility than the democratic stated they are trying to bring down (McGurn, William, pg.91).'; By allowing the terrorist to become more popular than their government it creates a even more hectic situation. This needs to change or the terrorists acts will only increase.   Ã‚  Ã‚  Ã‚  Ã‚  Terrorism is a strategy used because it has no rules. This makes it vary useful due to it having no restrictions at all. 'Whereas nuclear weapons are means that can be shaped according to human will and strategies, terrorism rejects the foundation of all Western ethics: the conviction that even the noble cause has limits (McGurn, William, pg.94).'; Since there is no rules there is no limit to how far a terrorist can take his act. To contradict them having no rules we need to put up limits on what we allow them to do. If they want to protest against something or some government the best way to actually get results is by non-violent acts.   Ã‚  Ã‚  Ã‚  Ã‚  Terrorism right now has a lesser punishment that that of the same criminal act. It seems that just because they have a reason they can put others at risk. If your a terrorist you have a little respect because you are standing up for what you believe in.

To what extent and in what ways is Fitzgerald purely critical of Gatsby’s dreams?

One of the main themes of ‘The Great Gatsby' is that of dreams, none of which is more noticeable than Gatsby's own dream of five years in his pursuit of Daisy. What is less obvious is how Fitzgerald wants us to react to these dreams, and whether he is being purely critical of them or whether he in fact does also reveal some good in them. In this essay I aim to show that although in a lot of ways Fitzgerald is critical of Gatsby's dreams, for example by ensuring that Daisy can never live up to the vision of herself which Gatsby has created, he is not entirely disapproving and in several cases even goes as far as to suggest that dreaming is what makes us human. One way in which we may be unsure about Fitzgerald's presentation of Gatsby's dreams is whether they are meant to appear romantic or slightly pathetic. At face value it can seem to be extremely romantic that Gatsby has waited these five years and remained so loyal to Daisy, and I think that it this way Fitzgerald wants us to be on Gatsby's side. Gatsby himself is portrayed as being a very romantic character and this can be seen in his speech when he talks about the past, for example telling Nick that â€Å"His heart beat faster as Daisy's white face came up to his own. He knew that when he kissed this girl, and forever wed his unutterable visions to her perishable breath, his mind would never romp again like the mind of God†. Fitzgerald clearly is making Gatsby appear to be very wistful and dreamlike, and also is making us more sympathetic to him by making his affair with Daisy and his dreams appear to be very romantic. This would obviously cause the reader to sympathise more with Gatsby later in the book when everything falls apart, and I think that it is clearly true that Gatsby believes that his love of Daisy is very perfect and beautiful. However, this quotation could also be read that Gatsby is going too over the top and is trapped in the past by his dreams. Another good place to see this occurring is when Nick warns Gatsby that he cannot recreate the past and Gatsby replies with â€Å"‘Can't repeat the past? Why of course you can! ‘†. This seems like a very irrational thing for Gatsby to say and it begins us questioning what he really wants from his dreams, whether it is Daisy or just to have the past back as it was. Fitzgerald may be doing this to show Gatsby as a man who is just clutching at a past he no longer has and this may make him appear slightly pathetic. The exclamation mark gives him a sense of panic and questioning makes him appear to be almost incredulous to any other way of seeing the situation, which I think is more critical of Gatsby's dreams as they have blinded him to reality. Overall however, when it comes to romanticism or a slightly pathetic appearance, Fitzgerald remains quite ambiguous and leaves it more up to the reader to reach a decision by themselves. , Whichever way it is viewed however, I think in both situations we still have sympathy for Gatsby when his reality doesn't quite live up to the vision. When Fitzgerald comments that â€Å"no amount of fire or freshness can challenge what a man can store up in his ghostly heart†, I think that he is making the quite depressing point here that dreams will always disappoint in the end because reality can never live up to what you can dream of. This is quite a negative view of the outcome of dreams but is perhaps not entirely critical of the idea of having dreams and something to strive for in the first place. Although it may appear that Fitzgerald is condemning dreaming, I actually believe that in this case he may be more positive about it than it seems at first. The character of Gatsby is portrayed as a dreamer, and these aims and human feelings which he possesses ensure that he is much more of an attractive character than for example, Jordan, who has no such dreams or ambitions for the future and is often associated with words such as â€Å"lazy† and â€Å"cool†. This makes her seem a lot less human than Gatsby and we empathise with him far more, which I think Fitzgerald wants us to do. This suggests that Fitzgerald is supportive of ‘the dreamer' and tells us that he is not opposed to the idea of dreams in general. In fact he associates the illusion with the phrase â€Å"colossal vitality† which again evokes the idea that dreams are linked with the essence of being human and that Fitzgerald views Gatsby's dreams with something other than pure criticism. One of the main criticisms which Fitzgerald does have of Gatsby's dreams is the materialism inherent with them. To gain Daisy's affections, Gatsby accumulates extortionate wealth and belongings to attract her, and Daisy herself represents something of the materialistic upper class which Gatsby strives to become a part of. This is very concisely put when Gatsby says of Daisy â€Å"her voice is full of money†. Daisy's voice has particular prominence as a motif throughout the book but at this point it is almost a leit motif as it gains meaning. All we can judge Daisy by is her voice, we never know her thoughts or what she is really thinking as what she says is usually quite empty. By saying that her voice is full of money, Gatsby is pinpointing that superficial charm which she has and perhaps even that in being entranced by her voice he has actually fallen for her wealth. This is an extremely critical way of looking at Gatsby's feelings and we probably don't want to believe it of him, but I think we can see it very clearly in Daisy, especially when she sees his Gatsby's house for the first time. In her exclamation of â€Å"that huge place there? † and her reaction to the extravagant wardrobe, we can see that Fitzgerald is showing Daisy as well as Gatsby to be very focussed on the material and the possessions. I think that this is a point Fitzgerald wants to make on the subject of ‘The American Dream', of which Gatsby's own dream is quite symbolic. As Americans, the characters would have been brought up to believe that they could strive to achieve anything and, in short, that nothing was out of their reach. Fitzgerald is not only questioning the belief in this, but also the means of getting to it and is making a point about how society has taken this dream to be something materialistic and to do with what you can own, rather than more spiritual or meaningful dreams. In respects to materialism I think that Fitzgerald is almost purely critical of Gatsby, as what he appears to be searching for is not just Daisy but the entire social and economical class which she represents. Another interesting way in which Fitzgerald portrays Gatsby's dreams is by making Daisy seem quite an unworthy person to long for. Although, as said in the previous paragraph, she is superficially very beautiful and rich, there appears to be very little under the surface and she tends to talk in quite empty and fantastical phrases such as â€Å"I'd like to just get one of those pink clouds and put you in it and push you around. † In that case Fitzgerald's alliteration of ‘pink', ‘put' and ‘push', as well as the polysyndeton, make her phrasing seem childish and simple – not really that of someone who could be relied on for a long lasting relationship. In some ways we may think that Fitzgerald is criticising Gatsby's dreams at this point, after all it seems worthless that he would have spent all this time loving someone who is in fact not worth it at all. This is incredibly clear to us after we see Daisy's awful behaviour after the accident when she drives away without stopping, and in a way we can see her treatment of Gatsby as quite similar to this, driving along with him, leaving destruction in her wake and escaping away as fast as she can. In this way Fitzgerald is being very critical and it could seem as if his message is that no matter how much you love someone and dream about them, they could just as easily let you down and run away. I think that there is also a slight positive side to Fitzgerald's choice of making Daisy an unworthy dream, as it shows that everybody can be loved by someone, however this is not very strong as Gatsby does not love Daisy with her faults, and rather it seems that he is just immune to seeing her flaws. Fitzgerald in fact, is probably somewhere in between these views; he is not directly attacking dreams or even Gatsby's dreams, but he is more in this case attacking Daisy's character. Although it may be a large lack of judgement skills on Gatsby's side, we cannot blame him entirely and again we still feel sorry for him when Daisy does eventually let him down. Overall I think that it is clear that there is a strong sense of ambiguity when it comes to Fitzgerald's attitude to Gatsby's dreams. However, I feel that the main point he wishes to make is that there is nothing wrong with dreaming, you just have to be careful when choosing your dreams that what you are longing for is actually worthwhile and won't end up hurting you more than it can make you happy. In Gatsby's case his aim appears to be more to make us feel sorry that he was so misguided in his choice of dream, rather than to berate him for dreaming at all.

The Code Of Ethics And Its Ethical Standards Essay

The formal definition of ethics is as follows, moral principles that govern a person’s behaviour or the conducting of an activity or alternatively the branch of knowledge that deals with moral principles. (Ethics definition: dictionary.com, 2014) The Code and Standards where first created in the 1960s and have been updated regularly since then. The Code of Ethics is an ethical benchmark for investment professionals around the world. The standards have generally been adopted regardless of job function, cultural differences and various laws that differ from country to country. As a CFA member, you are obligated to adhere to the code and its ethical standards. High ethical standards are imperative in preserving the public’s faith in economic markets and in the investments profession as a whole. CFA Institute members must follow the Code and Standards. If members do not abide by the code, sanctions may be imposed. Sanctions consist of cancelation of membership to the CFA institute, withdrawal of suitable candidacy in the CFA program, and lastly prohibition of use of the CFA (Chartered financial analyst) designation. The updated aim of the Ethical Code and Professional Conduct is to guide the investment profession across the globe by promoting the highest standards of ethics, learning, and professional superiority, which ultimately benefits society. (CFA institute handbook, 2014) The disadvantages of enforcing the code and its rules could be described as it is below. Inequality:Show MoreRelatedAca Code Of Ethics And Ethical Standards For School Counselors938 Words   |  4 PagesIn Introduction to Counseling, students learned about the ACA Code of Ethics and Ethical Standards for School Counselors. The ACA code of Ethics update in 2014 with significant changes. 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