Apples Ethics And Supplier Code Of Conduct

Apples Ethics And Supplier Code Of Conduct Apple, Inc. is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. Apple surpassed the software giant Microsoft, in May 2010 and secured the reputation of the largest and one of the most valuable companies of the era. The company operates 301 retail stores scattered across ten different countries as per August 2010. Its traditionally well known for its Mackintosh line of personal computers. As years passed by, Apple has gained a significance amount of reputation in the global market by the introductions of products such as iPad, iPhone and the latest introduced iPad. The following throws light on Apples supplier responsibility program, its code of ethics and also the controversy it was recently involved with electronic leader, Foxconn. Company Perspectives Apple Inc. is devoted to creating the finest music and personal computing experience for every single one of its users, from students to educators, business professionals to government officials and other consumers by means of ground-breaking hardware, software, internet offerings, peripherals, and services. Apples business approach powers its distinctive ability, through the design and progression of its personal operating system, hardware, and countless technologies and software applications, to provide its customers with the latest creations and simple solutions through outstanding innovative industrial design. Company History Before being able to produce some of the finest computer products we have nowadays, Apple went through countless processes and hurdles. Apple was established in 1976 by two college dropouts, Steve Jobs and Steve Wozniak. Also part of the team was Ronald Wayne, who was older and had personal assets of his own. Waynes uncertainty of the company worried him about the risk of investing his assets, and resulted with him selling his share back to Wozniak and Jobs for $800. That same share of the company would be worth over 3 billion dollars today (Linzmayer, 2011). The main objective of starting the company was to sell their first invention, The Apple I, which took place on January 3rd, 1977. It was successful for use at the time as it only included the most important parts: a straightforward motherboard plus CPU, RAM and very simple textual-video chips. Only a few months later, The Apple II was released during April, 1977. By the end of 1978, the United States saw Apple to be one of the fastest-emerging companies having its products available through 100 dealers. Apples development continued to grow with more and more developments and by December 1980, the company went public. Within only minutes, 4.6 million shares were sold at $22 each (Linzmayer, 2011). The company was formerly recognized as Apple Computer Inc., for the first 30 years, but later removed computer from its name to reflect its expansion into consumer electronics and wanted a better portrayal as a lifestyle powerhouse rather than just personal computers. It continued to produce some of its popular products today including the Macintosh line of computers, iPod, iPhone and the iPad. Apples attitude towards comprehensive artistic design as well as its unique advertising operations is just a few of many reasons why the company has created a distinctive reputation in todays computer industry (Linzmayer, 2011) Products Apples super stylish and exclusive product line has allowed it to create a distinct name for itself. Some of the popular Apple products include: iMac It is the vibrant and stylish all-in-one Macintosh desktop computer that offers a variety of features including a very rich desktop experience. The first model of the iMac that was released was the G3, and the latest iMac released towards the end of 2009. The new iMac comes with a smooth, professional look that redefined Apples known all in one model. iPod Touch The main turning point for Apples iPod line was the iPod Touch. It has been a massive success and customers are loyal to this brand as the company continues to update the device with the latest features. iPod Touch 3G is the latest of the model. iPhone The entire smart phone industry was revolutionized on June 29, 2007 when the iPhone was released. It was labeled by many to be the years best invention. Since the launch of the iPhone 4, 3 million units have been sold. Within the first weekend, 1.7 million were sold. iPad The product causing a lot of todays buzz is the iPad. 300000 units for sold on day one. It would be classified somewhat between a phone and a laptop. Users no longer have to choose between toys or tool as the iPad has all the technologies and features for both work and fun. Apples ethics: Controversies exist whenever a firm becomes big. We cannot really judge the actions of a firm as its just not one person who is in control. A firm consists of ethical and unethical employees. One of the most famous ethical dilemmas faced by apple was the Foxconn case. We would be looking at what apple has done to fix it in the next segment while right now we would be looking at some of the ethical and unethical practices at apple. Apple has raised its ethical standards due to a lot of pressures by outside parties. Apple was not considered ethical due to the issues that arose in china. However there were ethical standards that applied to people working at apple as it didnt flourish and become a billion dollar company just like that (Hyatt, 2010) Ethical codes of conduct are the basis of a company a company cannot exist without it as there would be no direction, motivation or discipline. Apple has separate ethical standards for employees at different rankings due to the fact that every position requires something different and each has specific criteria. Apple targets reasons that lead to unethical behavior and works on them so that they dont arise in the company. The code focuses on: Conflicts of interest, confidentiality, proper use and protection of the companys records and assets, insider trading, fair dealing, and reporting of illegal and unethical behavior .All the points are self explanatory. One of the main things that are encouraged at apple is feedback. Supervisors are expected to help workers understand and require them to provide feedback as it not only helps the supervisor understand the areas at which the workers lacks comprehending but also encourages and in turn motivates them (ILO, 2008). While the responsibi lity of officials like the president, chief executive officer and senior financial officers is to make sure that the company runs in accordance to the legal requirements and also to make sure that each violation is dealt with in an appropriate manner so as to make sure that the mistake is not made again (ILO, 2008). Apple is constantly changing so its policies get updated. It applied a policy called ranking and rating in which the sales metrics of the employees were hung up so that everyone could see. Even though the salary of the employees was not commission based it helped senior officials, as they could now see which workers werent selling much (Spence, 2010). The officials then tried looking for the root cause of the problem and provided training to those workers. This was one approach by apple to motivate but obviously some critics did think that it is not very effective. But the idea of trying and coming up with ways to make this better should be admirable (Hyatt, 2011)Â   Apples supplier code of conduct: Apple is holding suppliers accountable The reputation of apple has been drastically bruised due to its suppliers. Foxconn is one of the major supplier of apples products and the management practice there was put into the spotlight when workers started committing suicide. Steve Jobs was put a lot of pressure due to this as the public demanded an answer. He responded to this by the formation of a detailed supplier code of conduct. It covered expectations in these areas: management systems, labour and human rights, impact on the environment, ethics, health and safety (Hyatt, 2011). Management systems: Workers are required to be trained and well informed. It should be made sure that they provide feedback. Third party audits to eliminate chances of fraud and also to implement new and improved policies. A corrective action process in which mistakes are corrected and the process is then again followed up (Hyatt, 2011). Documentation and records are required to be checked by the management regularly and company policies are to be applied to the suppliers (Spence, 2010). Labor and human rights: Suppliers should make sure that they do not discriminate labor on the basis of things like sexual orientation or race. They should not hire underage workers, provide benefits and incentives, protect juvenile workers, be fair in treatment and do not require them to work for long periods as this is the main cause of strain and demotivation. Works should also not be required to pay large sums of money to employment agencies and wages should be sufficient. Impact on the environment: Suppliers are required to take permits when dealing with something that requires permission from the government. They should also dispose of their air, water and solid waste in such a manner that it doesnt harm the environment. And make sure that they do not dispose of toxic or hazardous substances (Hyatt, 2011). Health and safety: Workers should not be required to do things would be looked at as a health or safety risk for them. They should be given proper food as well as living space. There should also be worker health and safety committees on the premises (ILO, 2011) Ethics: Important documentation should be protected and there should be a degree of conditionality between the company and the supplier so they can easily disclose information to one another. Complaints should be taken into account and action should be taken immediately. Foxconn International Holdings Ltd. Foxconn International Holdings Ltd. is a multinational subsidiary of Hon Hai Precision Co Ltd., a Taiwanese company that is the worlds largest maker of electronic components (The Circuit Assembly Top 50 EMS Companies, 2009). According to the 2010 Fortune Global 500 Companies, Foxconn secured the 112th rank overall earning a profit of 2,291.7 and revenue of 59323.9 million dollars (Fortune Global 500, 2010). The companys primary focus was on providing vertically integrated manufacturing services for the handset industry. Foxconns employee count reaches more than half a million in China alone (Eyck, 2010). The founder of the company is Terry Gou, a billionaire, and has made Foxconn the worlds largest manufacturer of printed circuit boards spreading all over Asia, Europe and America. The majority of the companys sales to Asian customers is attributed to the Peoples Republic of China. The operational activities of the company are primarily located in China, then the United States, Mexico and other countries (Buetow, 2010). Foxconn Controversies Foxconn in the recent past has been involved in manufacturing in large quantities products for Apple viz., the iPod, iPad and the iPhone. Being one of the most renowned companies in the world, Foxconn has been involved in controversies mainly on how to manage employees (Jones, 2010). These initiated with the set-up of the Apple factory in Shenzhen, China. Apple was all over the news around the first week of Feb 10 not only for its sensational launch of the iPad, but also because of the high number of worker suicide in its Foxconn factory. Amidst all this, 12 Foxconn workers have already ended their lives this year, by jumping of the multi-story dormitories they live in or from the building during the very short duration of rest which they were given (Eyck, 2010). This crisis has urged the company to install safety nets in between the buildings as 20 more were stopped from killing themselves by the company authorities. At Longhua, there was a highly charged. This is because approximately 350,000 workers eat and otherwise live there, and during their protests, they had started chanting an insulting chant at Foxconn. The president of Foxconn, after heavy negotiations, said that the company would plan to move a significant portion of its workforce to a Western part of China, where they will be closer to their families. The case had become so out of control that the people who lived on the company premises had started calling the factory a Death Express. Management also had taken some steps toward controlling this phenomen on, such as creating a suicide hotline, and bringing monks to counter forces of evil. The Foxconn Empire employs about a million people, in the city of Shenzhen, across the city of Hong Kong. The premises of the industry contain 15 manufacturing buildings and they have dedicated one building to each customer. It was in these buildings where the suicides took place. The company made public a statement where it said that they have avoided a further 20 suicides. Steve Jobs, the CEO of Apple upon hearing about the tragedy said that he found this incident very troubling and also mentioned that Apple always strives to provide the best jobs in a company with regard to understanding the working condition under the companys supply chain. There has been an alarming increase in the number of suicides, whose reasons are still not apparent. The culture of the workforce at Foxconn has been described as being run similar to a military. (Moore, 2010). Foxconns Unethical Management Working conditions The main reason for Foxconn being under the spotlight was because of its unethical management and working conditions which has been considered as the root cause of the deaths and suicides in the past one year. A report recently explains the toiling and the exhaustion caused by 12-hour shifts, workers prohibited from talking or interacting with co-workers and the pressure of just-in-time production in order to meet the high demand (Eyck, 2010). SACOM held a protest on the 8th of June which was the same day Apple launched its iPhone4. The demand of the protests initiated by the activists was to boycott all the Foxconn products (Eyck, 2010). Furthermore, a Chinese undercover team, filtered through the Longhua plant and gave the reporters they entire scenario of the industry. They reported by stating that the facilities were adequate but highly criticized their management. Hundreds of people work in the workshops and did not have the permission to even talk to their colleagues.. If so found, they would get a black mark on their record, be shouted at by their manager or even be fined. The report was followed adding Foxconns laying off of more than ten thousand workers due to the financial downturn and had been pressured to meet up with the demand for the Apple iPad due to its monumental success (Moore, 2010). The iPad appears to have placed immense strain on Foxconn workers which resulted in them in quitting jobs at the rate of 15,000 a month (Robins, 2010). The workers in the factory need practice to become really efficient and the new staff has to keep up. The workers that were asked about the working conditions stated that their hands would still keep on twitching when they are not working and mimic the motion as they were not able to relax their minds (Chang, 2010). The workers worked for an average of 120 hours per month, exceeding the limit set by Apply by 70 hours (Moore, 2010). Foxconn management style was regarded as severe and obstructed the code of ethics for managing employees. Apple therefore was urged upon to take appropriate steps if they were concerned about the health and safety of the workers (Crothall, 2010). Nevertheless, Apple has taken this issue into strict consideration and has urged Foxconn to do the same. These tragedies threw a very undesirable spotlight on the labor practices of Foxconn. After a few months of this incident, Foxconn has pledged to enhance work conditions, increase the pay, take into consideration of allowing workers to live closer to their homes aswell as reduce overtime hours. Conclusion Apple Inc. regardless of the recent controversies with Foxconn has reacted well and taken action in this regard under the guidance of Steve Jobs. After tremendous pressure from the labor organization in China, Steve Jobs has given this matter of utmost importance and high priority. Nevertheless, the situation in the province of Longhua has shown to improve. The Labor Department has agreed upon increasing the wages and to provide better facilities to the workers all around. Apple has lived up to its reputation of living up to its strong supplier responsibility program and its supplier code of conduct.

DBQ- Gin Act of 1751 Essay

In mid-eighteenth century England, Parliament passed the Gin Act of 1751, which restricted the sale of gin through increased retail license requirements and higher taxes on such liquor. This measure was enacted to reduce the consumption of spirits and the subsequent crime it engendered. Indeed, gin production increased nearly 500% from 1701 to 1751. However, the general populace became engaged in a fierce debate for and against the new legislation. While authors, artists, and religious leaders argued for the act, economists, businessmen, and landowners argued against it with equal fervor. Meanwhile, politicians were torn amongst themselves over the situation at hand. Each group held the position it did for either intrinsic or extrinsic reasons, usually but not always to serve their own best interests. Authors, artists, religious leaders, and certain politicians all supported the Gin Act of 1751, but each for individual motives. For example, one anonymous author described gin drinkers as â€Å"poor ragged people, cursing and quarreling with one another†, in clear correlation with his book’s title, Distilled Liquors: The Bane of the Nations (1736). His passion against gin was predictably conceived from painful firsthand experience in the London city streets. This sentiment is echoed in a different author’s similar observation. From a 1747 excerpt of The London Tradesman, he laments that society is caught in a vicious cycle of drunkenness, impossible to break. Both authors derive concern from a genuine desire to improve the human condition. However, the same cannot be said for artist William Hogarth in his opposing pictures, Gin Lane (1751) and Beer Street (1750). Because he was commissioned to create this anti-gin propaganda, his motives were purely business-ori ented. Nonetheless, people in Beer Street are portrayed as happy, healthy, and prosperous, while those in Gin Lane are scrawny, lazy, and careless. Another anti-gin activist was religious leader, John Wesley, who also possessed an alterior motive for his platform. To maintain a positive image for the newly founded Methodist church, Wesley deemed it necessary for its members to be pious, God-fearing, and sober. Additional supporters of the gin act included certain politicians whose government positions were contingent upon their ability to foresee the long-term effects of major legislation, such as the gin act. Such politicians, including county magistrates from Middlesex and Lord Lonsdale, held the opinion that gin was a destructive vice that rendered citizens unfit for any useful purpose in society. By that logic, they concluded the gin act to be a necessary and justified law that posterity would look well upon. In contrast, economists, businessmen, landowners, and other politicians rejected the Gin Act of 1751, but again for different reasons. Economists, such as Daniel Defoe, represented the anti-gin act platform on the grounds that gin was essential to â€Å"support the landed interest† and reduce England’s grain surplus. However, Defoe’s opinion may have differed had he not been a wealthy man untouched by the horrors of city slums. Because of his detachment from common society, Defoe was only able to see the cold, scientific ramifications of decreased gin production. Such was also the case with William Pulteney, a rich landowner who petitioned Parliament for lesser restrictions on gin sale, because gin was a thriving business to which many owed their source of income. Still others protested the gin act for completely different reasons. In one businessman’s letter to an important gin distiller (1736), he voiced legitimate concern that high gin license fees would violate property rights and hurt the economy. This very issue was also raised by a member of Parliament (1736), who cited vast possible financial losses to the crown as a result of extortionate taxes. Lord Bathurst of Parliament rejected the gin act for yet another reason. He believed drinking in moderation was a necessary evil for the maintenance of sanity. However, he was oblivious to the fact that alcohol consumption of most English drunkards was anything but moderate. Altogether, the Gin Act of 1751 was a highly controversial piece of legislation among the English demographic. While authors, artists, religious leaders, and some politicians defended its morality, economists, businessmen, landowners, and other politicians attacked its potential threat to political and economic stability. However, the act was not repealed, since it took into account only those opposed to the sale and production of â€Å"this great evil†.

Creativity and Innovation in Indian Banks

Topic: Innovative products by Indian organizations in the Banking Sector Akshita Shetty Student K J Somaiya Institute of management studies and research PGDM (RM) Roll no: 56 Email id:[email  protected] com Abstract During the past one decade, one of the sectors which underwent visible sea-change through innovative strategies is undoubtedly the banking sector. The sector has been growing at a fast pace in India and is challenged with several aspects like new regulations from time to time, changing customer needs and perceptions, changing technology and changing operations.Technology has been playing a crucial role in the tremendous improvement of banking services and operations. Indian banking industry has moved way ahead both in terms of offering value added services and delivering quality service. It was thought that the world financial crisis would impact the Indian banking sector in a serious manner. But, because of the strong foundations of Indian banking system with the suppo rt from well structured financial systems, the anticipated impact of the world crisis was almost insignificant. Instead, it helped the banks to get strengthened further and become closer to the customer with innovative approaches.Banks appear to be on the path of achieving sustainability and a long-term survival because of innovation. Keywords: Innovation in banking, technology in banking, changes in banking, transformation in banking, IT in banking, Indian banking. Introduction Technology has brought about a complete paradigm shift in the functioning of banks and delivery of banking services. Gone are the days when every banking transaction required a visit to the bank branch. Today, most of the transactions can be done from the comforts of one’s home and customers need not visit the bank branch for anything.Technology is no longer an enabler, but a business driver. The growth of the internet, mobiles and communication technology has added a different dimension to banking. T he information technology (IT) available today is being leveraged in customer acquisitions, driving automation and process efficiency, delivering ease and efficiency to customers. Many of the IT initiatives of banks started in the late 1990s or early 2000 with an emphasis on the adoption of core banking solutions (CBS), automation of branches and centralization of operations in the CBS.Over the last decade, most of the banks completed the transformation to technology-driven organizations. Moving from a manual, scale-constrained environment to a global presence with automated systems and processes, it is difficult to envisage the adverse scenario the sector was in the era before the reforms, when a simple deposit or withdrawal of cash would require a day. ATMs, mobile banking and online bill payments facilities to vendors and utility service providers have almost obviated the need for customers to visit a branch.Branches are also transforming from operating as transaction processing points into relationship management hubs. The change has been very productive for banks bringing in an increase in productivity and operational efficiency to be more competitive. Better risk management due to centralization of information and real time availability of critical data for decision making. With most of the banks being technology-enabled, the focus is shifting to computerizing regional rural banks (RRBs).In addition, banks are moving toward decision making and business intelligence software and trying to optimize the IT infrastructure created The banking system in India has created a niche for itself in the current competitive global arena where adoption of new and innovative technological developments carries the key to expansion of business and its future development. The Indian banking system has come a long way from being a player restricted to domestic boundaries to a leading giant in the world of financial services across the globe.Credit for this progress goes to a mix of factors like, the introduction of various economic reforms which gave a boost to the banking sector, adoption of new technology by banks in order to streamline their line of businesses and increasing profits by improving cost efficiency and offering doorstep banking convenience to their customers. Banking ‘Then' and ‘Now' Indian villages were deprived of various financial products like mutual funds, insurance and equity trading hitherto, which are now accessible through proxy banking in the form of Internet kiosks and ATMs.The alias given to banking which is not routed through branches is ‘Channel Migration'. Through this route, a bouquet of services is at the customers' disposal in today's banking system. This is possible because banking transactions are stored in a centrally located server with which all other branches of a bank are connected. The technological systems in India are considered far more advanced than those of Russian and Chinese banking sy stems but are lagging far behind the UK, USA and Singapore.Connectivity takes root Today almost all scheduled commercial banks are connected to all the branches on a real time basis extending the anywhere banking facility to the customers, which means that it is not necessary for a customer now to visit the branch personally in order to conduct transactions. Now a customer has various other options available with him like internet banking, mobile banking, ATMs (automated teller machines), phone banking which offers 24 X 7 banking, etc.Whenever and wherever a transaction is done in a bank account, the updated status is reflected in all the branches, thus making anywhere banking possible. ATMs have revolutionalized the banking sector by making cash and other banking services available to customers at all times. Future Outlook The future of Indian banking lies in increased investment in technology platforms and a greater focus on end-to-end solutions provided by IT majors like core ban king products, vertical specific CRM and risk management software. Body scopeInnovation by Indian banks in aspects such as: Service banking ATMS’s Net banking Mobile banking ECS/RTGS/NEFT Debit card/credit cards CRM (customer service) Case studies: (for example) South Indian Bank: The salary disbursement of corporates , firms and such others who maintain accounts with any of the 511 CBS branches would be managed by the Bank, hassle-free and free of any bank charges. The employer would be benefited in that the salary could be disbursed to any employees/any single employee who are/is working even in far-off places where SIB has no presence.Dr. V. A. Joseph ,Chairman & CEO of the Bank and Mr. M. P. Gopalakrishnan,President ,CMS Trust jointly launched the product . In his inaugural address Dr. Joseph said, †This convenience banking product, which is designed for the convenience of both employers and employees, leverages the bank's strong technology platform, which connects all the 511 branches and 26 extension counters of the Bank under Core Banking Solutions network offering anytime banking to its customers. GSSA can be opened with zero balance†.The Chairman and CEO of the Bank also stated, â€Å"South Indian Bank, being a customer – oriented Bank is striving hard to render personalized customer service using the latest technological capabilities. The technological capability of the Bank was recognised when the Bank could bag the banking technology excellence award from IDRBT which is the technical arm of RBI. The service quality of the Bank has also been recognized when the Bank was selected in the ‘Outlook Money – C Fore’ survey as the best private sector Bank in India in the service quality segment. . Dr. Joseph also referred to the facility recently started for online booking of offerings, free of bank charges , through South Indian Bank payment gateway-the first bank to go online booking -by the customers of the bank who are devotees of Guruvayur Sreekrishna Temple which is described as the Dwaraka of South India. This facility is being utilized by the NRIs also to effect offerings, hassle –free with greater transparency and security at the click of a button ,either for themselves or their aged parents resident in India.. South Indian Bank had completed on 26. 03. 07 the project ‘SIBertech’ by introducing a centralised Core Banking Solution in technology partnership with Infosys Technologies when many banks had not even started implementation of CBS . SIB, had started this project in 2001 to render personalized customer service. The new product now launched would confirm this belief†, the Chairman concluded his inaugural address.With the following carefully thought-out value additions of this innovative convenience banking product , banking for employers and their employees, is made extremely easy and comfortable: – * ;Free International ATM-cum-Debit Card for which annual maintenance charges are not collected * Online booking of offerings for Lord Sri Guruvayurappan, free of bank charges * O  Withdrawal of cash from the ATMs of other Banks free of bank charges (As charges would be borne by SIB) * O  Free utility payment and e-commerce services * ;No stipulation on minimum balance ;The depositor enjoying many freebies can earn the usual SB interest * ;The depositor can operate his SB account –during his travel/temporary transfer /transfer- hassle-free * ;The account can be closed /transferred to another branch with out any charge * ;Free of cost cheque leaves (subject to limits in each category ) * ;Free fund transfer facility through RTGS/NEFT/Fast Money /DD Customers of this feature-rich Savings Bank account are also provided with facilities to open Depository account and also enjoy mobile banking facility. Indian bank:Indian Bank has won the ‘Golden Peacock Innovative Products/Service Award' for 2011. The award was received by the bank's Chairman and Managing Director, Mr T. M. Bhasin, at the World Congress on Total Quality, held in Bengaluru on Saturday. The award was given to the bank â€Å"in recognition of its contribution to promotion of self help groups (SHGs)†. SHGs have turned out to be major vehicles of women empowerment. In the current year, Indian Bank has so far disbursed Rs 1,360 crore to 55,391 SHGs, taking the total exposure under the SHG portfolio to Rs 2,336 crore, benefiting 175,390 SHGs, says a press release from the bank.State Bank of India: State bank of India, the largest public sector bank in India, offers the following innovative services. 1. SMS Unhappy This innovative idea was initiated by Mr. Siva Kumar, Dy. Managing Director of SBI. Any customer who wants to lodge a complaint sends the message â€Å"Unhappy† to a specified number (8008202020). The Happy Room then calls the customer and records the details of the complaint. The complaint is then forwar ded. SBI has received thousands of such messages since its commencement and this service is a great success.Other banks have also started imitating this service. 2. Crorepati Only Branch SBI has launched first of its kind branch for High Networth Individuals (HNI) where it takes minimum Rs 1 crore to open an account, and that too on invitation only. This branch offers specialized banking facilities like relationship managers, 24/7 lockers, extended banking hours, doorstep pick-up and drop facilities, in addition to pampering customers five-star amenities at the branch. â€Å"We have opened as many as 50 accounts so far.We are confident of opening another 150 by the end of the current fiscal,† as per Mr. Shiva Kumar, Chief General Manager, SBI4. According to SBI, an attractive feature of the branch is 24 hour open lockers. The bank also is providing special dressing rooms for customers to cater to the needs of late night function goers segment. References -Y. Ramakrishna, Serv ice Innovation in Banks for Sustainability, IJMBS Vol. 2, Issue 2, April – June 2012 -Indian banking System: Epitome of continuous innovation, 2008. -Process innovation in the Indian banking industry, 2009 Indian Banking Sector: Challenges and Opportunities -Keertiman Sharma, Innovations in rural financial products and services, VOL. 2(1) – 2011: 35-37 -Outsourcing in the Indian banking sector: gaining momentum, 2008 -Innovation in retail banking -India PRWIRE, South Indian bank launches another innovative convenience product, 2008 -Vortex engineering, Solar power to enable banking and ATM facilities for rural india, 2011 -J U Ahmed, Services Rendered by Commercial Bank: A Customer Oriented empirical Evidence from State Bank of India, Vol. I No. – 2, Jan-2011 ——————————————– [ 1 ]. Service Innovation in Banks for Sustainability [ 2 ]. technology in banking: I nsight and foresight [ 3 ]. Indian banking system: epitome of continuous improvement [ 4 ]. Solar power to enable banking and ATM facilities for Rural  India [ 5 ]. Y. Ramakrishna, Service Innovation in Banks for Sustainability, IJMBS Vol. 2, Issue 2, April – June 2012

The Mass Media Has Become Apart Of Culture - 1068 Words

Dwelling in a capitalist’s society the mass media has become apart of culture. With a booming media industry, businesses are learning and habituating to incipient forms of media to promote and advertise products. In addition, print media is the first mass medium to communicate and reach an immensely colossal number of audience. We look to sundry of print media such as a magazine a somewhat reliable form of media delivering consumers with stories, opinions and visuals expressing current events. However, even magazines are swayed by advertisers and their money. Moreover, magazines are every where from standing in the checkout line at the grocery story to waiting at the dentist’s office. Magazines are everywhere and is incredibly arduous to avoid. A prime example, The Time Inc. hit publication Sports Illustrated is an American sports media magazine for the everyday sports fan. Read by millions, this magazine is the leading sports publication in the North America. This maga zine is very well kenned for its glossy sleek pages of athletes and celebrities to advertisements unrelated to sports. Driven to maximize profits, publishers utilize articles and stories as a way of marketing. By investigating critical perspectives such as Marxism avails to create the awareness needed to examine mass media content. Ott and Mack states, â€Å"Marxism is both a social theory and a political movement rooted in the idea that ‘society is the history of class struggles’† (2014). The form and matter ofShow MoreRelatedFashion in the 1950s1437 Words   |  6 Pageseconomy, the technological advancement allowed mass production of clothing in the fifties. As the economies of the world expanded and the living standard and income level of the people were improving after the war, the European societies had started to embrace the mass consumption culture hence leaded a new trend for accessing consumer goods which one of them is the television. 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Mass media influences the society especially the younger generation and shape their opinions and decisions. The study of the impacts of mass media requires a great understanding. Mass media haveRead MoreRace Is a Significant Factor in Identification of Individuals and Groups1493 Words   |  6 Pagespoint has been reached between â€Å"us and them†. Equality between races has become legislative law within the Charter of Human Rights and Freedom, which means the battle is over. This fantasy mentality is due the naturalized process of racism and racial discrimination (Hall, 272). Naturalized racism is especially dominant in aspects of pop culture including television, and movies. Racism has been commodified and depicted as an act of celebration, which adds to the invisibility. Pop culture has an influentialRead MoreThe Horror And Thematic Thrill Of The Zombie1288 Words   |  6 Pagessocial conformity. As Drezner states, â€Å"pop culture can have an â€Å"informing effect† of calling attention to and framing a particular problem. Popular culture can also have an â€Å"enabling effect† of providing shorthand references that trigger aw areness of a problem† (Drezner 831). Beneath the horror and thematic thrill of the zombie film franchise, the zombie as a figure in popular culture has an enabling effect in providing awareness to society on a mass level. On the figure of the zombie, Kirk statesRead MoreCosmetic Surgery1507 Words   |  7 PagesAbraham and Zuckerman (2011), the mass media such as television shows, advertisements, magazines played an evident role in changing the public perception of â€Å"ideal â€Å"beauty standards. Due to the quick access to information, the general public can easily learn about some new ideas relating to modifying physical appearance through cosmetic surgery and the new indicators or standards to beauty. The definition in beauty can be easily altered. With the assistance of mass media, these concepts will soon holdRead MoreJohn Soluri s Banana Cultures : Agriculture, Consumption And Environmental Change870 Words   |  4 Pages John Soluri s Banana Cultures: Agriculture, Consumption and Environmental Change in Honduras and the United States, (Which for spatial and repetitive purposes, I will refer to as Banana Cultures for the remainder of the paper), introduces the reader to a world of corporate greed, consumption, and environmental change using the history of the common, everyday fruit, the banana. He explores the various political occurrences, health problems, and changes in mass media through the rise of the consumptionRead MoreThis essay will discuss Foucault’s and Bauldrillard’s views on today’s society. Foucault sees the1100 Words   |  5 PagesThis essay will discuss Foucault’s and Bauldrillard’s views on today’s society. Foucault sees the current state of the society as a system of domination, while Baudrillard says that the society we knew has collapsed in to a world of images produced by the mass media. Both of them focus on the cultural dimension of the progression of the society and sees society as having moved on from modernity. Though both have different views when it comes to Power, Foucault focuses on the changing nature of powerRead MorePersuasive Essay On Gun Violence1618 Words   |  7 PagesAs we all know gun violence has become an increasingly conflicted issue in the world and specifically in the United States. Gun violence is the leading cause of premature death in the United States as it kills almost 30,000 people and causes about 60,000 injuries annually. But guns are not the main cause of this problem. The problem is Americas culture of violence. We need to understand that guns are not what’s killing people, people are what’s killing people. Although guns may enable killers to