The Development of Banking System in Vietnam Free Essays

The development orientation of the banking system of Vietnam from 2005 to 2020 In 2005, State Bank submitted to the Politic Ministry and Government a development project of the banking system from 2005 to 2020 according to the Resolution of 9th National Party. It is to build up a banking system develop safety and fairly; have enough the competitive ability; and integrate stability in international finance market. Firstly, the State Bank needs to re-structure basically and comprehensively the organization and the action of State Bank for which has enough ability to build and realize the monetary policy with market principle and advanced technology. We will write a custom essay sample on The Development of Banking System in Vietnam or any similar topic only for you Order Now Role and function of State Bank perform with international routines and rules for do effectively the national management function in the banking and monetary. Besides, it will be the foundation of the development of State Bank become sa modern central bank. The main innovation of State Bank focuses on following problems: Ensuring State Bank is independent, autonomous in the set up, conduct the monetary policy, interest rate and exchange rate; performs the function of actually central bank; is the bank issue money; is the bank of banks; is the central payment of nation; regulate the monetary market. Re-structure the organization of state bank from the center to the branch towards streamlined and modern, ensure that state banks has the responsibility in creating an open operating environment and favorable conditions for financial institutions n the territory of Vietnam Creating and implementing the monetary policy follow the market principle to base on the monetary policy setting with suitable communication and quantified target. Reform the supervision of system banking comprehensively to meet the actual needs of developing Vietnamese banking system and suit to the international rules and standard of banking supervision. The safety supervision system of Vietnamese banking operations will strive to satisfy the basic international standards in 2010; firstly, it is the basic rules of effective banking supervision of Basel Committee and the Basel Capital Accord 1988(Basel I) and then, it will implement the Basel II after 2010. To further modernize the payment system to enhance the utility of providing banking services, to increase the proportion of non-cash payment and payment through banks, state bank can control the amount of money circulation and reduce financial risks. Secondly, Credit Institutions need to reform fundamental and thoroughly to develop systems of credit institutions in modern, multi-functional activities, diversified ownership, and types of credit institutions; for which have operating scale and financial potential strongly to make a foundation building a modern system of credit institution, attaining advanced level of development in Asia, applying sufficiently the international standards of banking operations. It is able to compete with banks in the region and the world. The reform of credit institutions focuses on some main point in following: Ensuring the state commercial banks and commercial banks have stakes in the control of state become the key leader in the banking system on the scale of operation, financial capability, technology, process level management and business efficiency. The other credit institutions have the responsibilities which is to ensure the comprehensive, safe and effective development of Vietnam’s banking system The financial capacity of credit institutions is strengthened by increasing ower equity and improving asset quality and profitability. The equitization of state-owned commercial banks completes step by step to follow the precautionary principle, ensure economic stability and social security system, which allows foreign investors, especially internationally leading banks buy stocks and participate in management and administration commercial banks of Vietnam. Innovative basically the management system of credit institutions, to ensure the credit institution independents the finance, staff, organizational structure and operations, executive management, which bear all responsibility for business results and activities within the legal framework equality, openness and transparency. The relationship between State Bank and credit institutions is not only the State control relation, but also the economic relation to rely on respecting the market principle. Forming synchronous legal framework is transparent and fair to promote the competition and ensuring the safety system; apply more completely the international standards and rules of operating monetary and banking; create healthy environment and incentives for credit institutions, enterprises and individual business development. Eliminate discrimination among credit institutions and eliminate other forms of protection and subsidy in the banking sector. Speed up the process of international economic integration, which raise the initiative on monetary and banking with the roadmap and steps are suited to the competitiveness of the credit institutions and the ability of state banks control system. With the potential market, the strong growth of the economy in the process of integration, the stable politic and social, especially with a legal framework for banking operations become more complete toward the openness and transparency, Vietnam’s banking sector will successfully implement the reform and opening up the banking system, contributing actively to the economic- social development of the country. Every credit institutions need to actively improve the financial capacity by: -Financial capacity of credit institutions is strengthened by increasing ower equity and improving asset quality and profitability. The equitization of state-owned commercial banks completes step by step to follow the precautionary principle, ensure economic stability and social security system, which allows foreign investors, especially internationally leading banks buy stocks and participate in management and administration commercial banks of Vietnam. -Diversify forms of raising capital, control reasonable the interest rate of long-term and medium-term of saved money and strengthen medium-term and long-term capital to meet capital needs for business. The credit growth associated with securing the loans effectively. Push up to deal the bad dept being continuous toward reducing the bad debt with the construction of control and monitoring mechanism of credit quality. -Banks need to structure the capital investment in the new condition toward decrease the proportion of short-term loans, increase the proportion of medium and long term lending and develop the individual consumption credit in the economy. Continued innovation the mechanisms and policies related to the activities of credit institutions; form synchronous the legal framework is transparent and fair to promote the competition, to ensure that the credit institution independents the finance, staff, organizational structure and operations, executive management, which bear all responsibility for business results and activities within the legal framework equality, openness and transparency; create the open business environment for operations of credit institutions . The relationship between State Bank and credit institutions is not only the State control relation, but also the economic relation to rely on respecting the market principle. Issue the regulations about control the risky systems, supervise the risks in banking activities, improve the safe regulations in banking operations, issue egulation about standard and minimum requirement of the management system of risks in credit institutions, ensuring early warning capabilities for credit institutions, especially to be the foreign exchange market and the national payment system. and an important part to fix the credit risks of banks that performs the management for commercial banking from the width to the depth toward enhance risk management capacity through complete the internal structure of organization, implement the testing, inspection and reporting regularly. Conduct the audit for commercial banks according to international standards, hired foreign auditors audit the banking activity in 2005 and 2006 Supervise carefully activities and the financial situation of commercial banks before supplement and implement the equitization. Accelerate the re-structuring of the banking system; amendment and supplement the law of State Bank of Vietnam and the Credit Institutions. Speed up the process of international economic integration, which raise the initiative on monetary and banking with the roadmap and steps are suited to the competitiveness of the credit institutions and the ability of control system of state banks, reform fundamentally and innovative thoroughly commercial banks toward develop comprehensively, multifunctionally and modern, meet the standards and requirements according to international routines, ensure every step to make commercial banks development as well as other ones in the region and on the world. Improve capacity of staff through enhancing the executive management level. Improve the management capacity of state-owned commercial banks after the equitization will be the fastest and most effective by the help of foreign strategic partners. How to cite The Development of Banking System in Vietnam, Papers

The Development of Banking System in Vietnam Free Essays

The development orientation of the banking system of Vietnam from 2005 to 2020 In 2005, State Bank submitted to the Politic Ministry and Government a development project of the banking system from 2005 to 2020 according to the Resolution of 9th National Party. It is to build up a banking system develop safety and fairly; have enough the competitive ability; and integrate stability in international finance market. Firstly, the State Bank needs to re-structure basically and comprehensively the organization and the action of State Bank for which has enough ability to build and realize the monetary policy with market principle and advanced technology. We will write a custom essay sample on The Development of Banking System in Vietnam or any similar topic only for you Order Now Role and function of State Bank perform with international routines and rules for do effectively the national management function in the banking and monetary. Besides, it will be the foundation of the development of State Bank become sa modern central bank. The main innovation of State Bank focuses on following problems: Ensuring State Bank is independent, autonomous in the set up, conduct the monetary policy, interest rate and exchange rate; performs the function of actually central bank; is the bank issue money; is the bank of banks; is the central payment of nation; regulate the monetary market. Re-structure the organization of state bank from the center to the branch towards streamlined and modern, ensure that state banks has the responsibility in creating an open operating environment and favorable conditions for financial institutions n the territory of Vietnam Creating and implementing the monetary policy follow the market principle to base on the monetary policy setting with suitable communication and quantified target. Reform the supervision of system banking comprehensively to meet the actual needs of developing Vietnamese banking system and suit to the international rules and standard of banking supervision. The safety supervision system of Vietnamese banking operations will strive to satisfy the basic international standards in 2010; firstly, it is the basic rules of effective banking supervision of Basel Committee and the Basel Capital Accord 1988(Basel I) and then, it will implement the Basel II after 2010. To further modernize the payment system to enhance the utility of providing banking services, to increase the proportion of non-cash payment and payment through banks, state bank can control the amount of money circulation and reduce financial risks. Secondly, Credit Institutions need to reform fundamental and thoroughly to develop systems of credit institutions in modern, multi-functional activities, diversified ownership, and types of credit institutions; for which have operating scale and financial potential strongly to make a foundation building a modern system of credit institution, attaining advanced level of development in Asia, applying sufficiently the international standards of banking operations. It is able to compete with banks in the region and the world. The reform of credit institutions focuses on some main point in following: Ensuring the state commercial banks and commercial banks have stakes in the control of state become the key leader in the banking system on the scale of operation, financial capability, technology, process level management and business efficiency. The other credit institutions have the responsibilities which is to ensure the comprehensive, safe and effective development of Vietnam’s banking system The financial capacity of credit institutions is strengthened by increasing ower equity and improving asset quality and profitability. The equitization of state-owned commercial banks completes step by step to follow the precautionary principle, ensure economic stability and social security system, which allows foreign investors, especially internationally leading banks buy stocks and participate in management and administration commercial banks of Vietnam. Innovative basically the management system of credit institutions, to ensure the credit institution independents the finance, staff, organizational structure and operations, executive management, which bear all responsibility for business results and activities within the legal framework equality, openness and transparency. The relationship between State Bank and credit institutions is not only the State control relation, but also the economic relation to rely on respecting the market principle. Forming synchronous legal framework is transparent and fair to promote the competition and ensuring the safety system; apply more completely the international standards and rules of operating monetary and banking; create healthy environment and incentives for credit institutions, enterprises and individual business development. Eliminate discrimination among credit institutions and eliminate other forms of protection and subsidy in the banking sector. Speed up the process of international economic integration, which raise the initiative on monetary and banking with the roadmap and steps are suited to the competitiveness of the credit institutions and the ability of state banks control system. With the potential market, the strong growth of the economy in the process of integration, the stable politic and social, especially with a legal framework for banking operations become more complete toward the openness and transparency, Vietnam’s banking sector will successfully implement the reform and opening up the banking system, contributing actively to the economic- social development of the country. Every credit institutions need to actively improve the financial capacity by: -Financial capacity of credit institutions is strengthened by increasing ower equity and improving asset quality and profitability. The equitization of state-owned commercial banks completes step by step to follow the precautionary principle, ensure economic stability and social security system, which allows foreign investors, especially internationally leading banks buy stocks and participate in management and administration commercial banks of Vietnam. -Diversify forms of raising capital, control reasonable the interest rate of long-term and medium-term of saved money and strengthen medium-term and long-term capital to meet capital needs for business. The credit growth associated with securing the loans effectively. Push up to deal the bad dept being continuous toward reducing the bad debt with the construction of control and monitoring mechanism of credit quality. -Banks need to structure the capital investment in the new condition toward decrease the proportion of short-term loans, increase the proportion of medium and long term lending and develop the individual consumption credit in the economy. Continued innovation the mechanisms and policies related to the activities of credit institutions; form synchronous the legal framework is transparent and fair to promote the competition, to ensure that the credit institution independents the finance, staff, organizational structure and operations, executive management, which bear all responsibility for business results and activities within the legal framework equality, openness and transparency; create the open business environment for operations of credit institutions . The relationship between State Bank and credit institutions is not only the State control relation, but also the economic relation to rely on respecting the market principle. Issue the regulations about control the risky systems, supervise the risks in banking activities, improve the safe regulations in banking operations, issue egulation about standard and minimum requirement of the management system of risks in credit institutions, ensuring early warning capabilities for credit institutions, especially to be the foreign exchange market and the national payment system. and an important part to fix the credit risks of banks that performs the management for commercial banking from the width to the depth toward enhance risk management capacity through complete the internal structure of organization, implement the testing, inspection and reporting regularly. Conduct the audit for commercial banks according to international standards, hired foreign auditors audit the banking activity in 2005 and 2006 Supervise carefully activities and the financial situation of commercial banks before supplement and implement the equitization. Accelerate the re-structuring of the banking system; amendment and supplement the law of State Bank of Vietnam and the Credit Institutions. Speed up the process of international economic integration, which raise the initiative on monetary and banking with the roadmap and steps are suited to the competitiveness of the credit institutions and the ability of control system of state banks, reform fundamentally and innovative thoroughly commercial banks toward develop comprehensively, multifunctionally and modern, meet the standards and requirements according to international routines, ensure every step to make commercial banks development as well as other ones in the region and on the world. Improve capacity of staff through enhancing the executive management level. Improve the management capacity of state-owned commercial banks after the equitization will be the fastest and most effective by the help of foreign strategic partners. How to cite The Development of Banking System in Vietnam, Papers

Literary Analysis Death in Frankenstein Essay Example

Literary Analysis Death in Frankenstein Paper Mary Shelleys Frankenstein, death is a major theme. Each death in the story affects Victor Frankenstein differently. The death of Victors mother and her dying wish sets the mood of the story. The murder of his brother William causes him to feel devastation. The execution of Justine and the guilt Victor feels over not trying to intervene on her behalf to prevent an unjust sentence. Clervals assassination causes Victor to be ill for two months. The killing of Elizabeth on their wedding night was the worst of all for Victor. The death of Victor’s father, shortly after Elizabeth’s death, and the painful memories he must leave behind which leads Victor to go after the monster to destroy it. As Victor’s mother is on her deathbed, she sets a gloomy mood to the story. Her final wish for Victor and Elizabeth, â€Å"My firmest hopes of future happiness were placed on the prospect of your union.† pg. 28. His mother died calmly and this filled Victor with despair and grief. His own mother, that brought him into this world is dead. Who wouldn’t that upset? After that he comes to a conclusion that he still had duties that he ought to perform. So because of this event, Victor departed for his trip to Ingolstadt which is the start of the journey where Victor wants to learn about human anatomy, has the idea of creating something and bringing it to life, and when things go dreadful. We will write a custom essay sample on Literary Analysis Death in Frankenstein specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Literary Analysis Death in Frankenstein specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Literary Analysis Death in Frankenstein specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The search for Victor’s missing brother William went until nightfall. Early the next morning they found William, a boy who was healthy and active, lying motionless on the ground. He had fingerprints and markings on his neck. Elizabeth unjustly accused herself of being responsible of William’s death because he teased her to let him wear a valuable miniature that was possessed by Victor’s mother. She believed that this tempted the murderer to take it from William and strangle him so he couldn’t tell. This all being told in a letter, filled Victor with devasta

The Bacchi essays

The Bacchi essays Man, supposing you and I, escaping this battle Would be able to live on forever, ageless, immortal, So neither would I myself go on fighting in the foremost Nor would I urge you into fighting where men win glory. But now, seeing that the spirits of death stand close about us In their thousands, no man an turn aside nor escape them, Let us go on and win glory for ourselves, or yield to others Sarpedon speaks this passage to Glaukos, why Sarpedon was chosen to speak these words might be because he was the result of one of Zeus many affairs. Sarpedons courage is also mentioned in line 104 of book twelve, which helps to support his words in this passage. The passage itself deals with the build up of the Trojans breaking through the defense that the Achians had constructed to defend their ships and men. It is at the end of book twelve that Hektor with the aide of Zeus breaks through the Achian wall by throwing a massive rock, which appears to be Herculean in nature. What makes this even more remarkable is that the Trojan forces had bombarded the wall with all their might and had been unable to break through. Then, when it appeared that they would not be able to do it, Hektor stepped up and in true Heroic fashion solved the problem. A common question which comes up, is why in many Greek stories do you see people fighting a battle in which they now they are going to loose. The attack on the Trojans was of very little consequence to many of the men who were at this battle. If they one or lost would not overly affect their cities, except for the fact that either way there would be far fewer men when they returned. So why then did the fight these battles? The answer is really quite simple. In ancient Greek civilization, there existed a Heroic code that had to be followed. The Consequences for not following this code was disgrace, which was worse then death. No man would want his name disgraced, for not only...

The 15 Best Editing Tips to Craft Clear Content - CoSchedule

The 15 Best Editing Tips to Craft Clear Content It’s a little embarrassing to admit, but I never set out to become an editor. I always loved to write (I recently found an anthology of literature I published at age 10), but I didn’t fully understand the weight of an editor’s role until I had already been editing for a few years. You see, everyone has their own editing processes and their own tricks, so I never knew whether my way was the â€Å"right† way. In fact, most people use one trick in particular: Let someone else do it. That’s because it’s easy to have great ideas. It’s not so easy to write them down in a way that others can understand them. It’s not worth putting your ideas down on a page if you can’t edit your own work or can’t get someone to do it for you. And in today’s content-driven universe, you can’t afford to be both a bad writer and a bad editor. This is why  the role of the great editor is paramount. Whether you use these tips for yourself or pass them along to your favorite college intern, I encourage you to keep your editing chops in tip-top shape. In today’s world of more, more, more, it’s not always the longest or most timely content that wins- it’s the best. In today’s world of more, more, more, it’s not always the longest or most timely content thatGet Your Free Self-Editing ChecklistThe 15 Best Editing Tips to Craft Clear Content1. Put Yourself in Your Audience’s Shoes First and foremost: Audience, audience, audience. You may not see this as a traditional editing tip, and I get that. But after you write your first draft (which should always be for yourself, by the way), it’s time to read through the entire thing and pretend you are someone else- namely, someone in your audience. That â€Å"someone† might be a persona: an avatar of a particular segment of your audience with unique interests and problems. Ask yourself, would that person find this piece valuable? Does it answer a question relevant to their interests? Would they click this headline? Is this writing above or below their experience level? Your answers to these questions will help you tailor future drafts to better serve your audience’s needs. Recommended Reading: How to Find Your Target Audience and Create the Best Content That Connects 2. Read Your Writing Out Loud No, this isn’t about admiring the sound of your own voice or keeping your pet hamster occupied. Reading your work out loud will draw attention to clunky turns of phrase, misused words, and convoluted sentence structures. It’s a great way to revisit your work with fresh eyes (or ears) after hours of writing. Reading out loud doesn’t just help your syntax, either. You’ll more easily detect lapses in your authentic voice- moments when your writing stops sounding like â€Å"you.† You might also discover opportunities to finesse the rhythm and pace of your writing. Grab a glass of water, close that office door, and give this tactic a try. As a bonus, you may even want to consider recording yourself reading aloud so you can listen back and see how you really  sound. Don't want to read your own work out loud? Get an app to do it for you. ReadWrite is a helpful Chrome extension that can do just that: 3. Kill Your Darlings Brace yourself: Ten to fifteen percent of what you’ve written likely needs to be cut. If that percentage seems daunting, don’t despair! Taking a hatchet to that first draft will only make your writing leaner, meaner, and more effective. As you trim, look for repetitive sentences, weak transitions, unnecessary anecdotes, and clichà ©s. Cut or revise anything that hikes up your word count without delivering value in return. Yes,  search engines (and many humans) prefer longer and meatier content. But never prioritize quantity over quality when it comes to your words. 4. Quell Your Writer Ego Skeptical of these editing suggestions? Struggling to find anything to trim or change? Your writer ego might be the culprit. Ego should take a backseat when editing. Remember that first tip, where you put yourself in your audience’s shoes? That shift in perspective helps you serve your reader, rather than yourself. Editing is part of that service. Clinging to your writer ego leads to slimy self-promotion, clouds your ability to see opportunities for improvement, and obstructs your development as a writer. Prioritize what you’re giving your reader, and stronger writing will follow. Prioritize what you’re giving your reader, and stronger writing will follow.5. Make Paragraphs Smaller and Sentences Shorter We tend to pontificate on the intrinsic value of the language we explore through the written word while sipping our steaming cup of tea and baring our souls to the world around us to the sound of the raven’s caw outside our- Gah. Gross. I can barely make sense of sentences like the one above, much less learn from them. And I’m not alone- English-speakers find shorter paragraphs and sentences easier to comprehend. The human brain looks for natural breaks in the text and uses those pauses to interpret what it’s just read. Ramble on for too long, and you’re likely to lose your reader. Most of your sentences should fall comfortably inside the 20- to 25-word range. Publishers disagree on the ideal length of a paragraph for web content- some feel two sentences is long enough, while others insist on a minimum of five sentences. Whatever rule you obey, limit yourself to one idea per paragraph. You may need several words to elaborate on an important point or frame an idea in colorful language to emphasize its power. Go nuts! Just be sure to break those ideas into concise, comprehensible chunks. Recommended Reading: How Long Should a Blog Post Be to Get the Most Traffic and Shares? 6. Vary Sentence Length and Structure I may sound like I’m contradicting the point I made above, but hear me out: Your sentences can vary in length while still being succinct. Cap the majority of your sentences at 20 words, but don’t be afraid to mix it up. Throw in a short, emphatic statement here and there. Step outside that 25-word maximum every so often. These variations create rhythm, control pace, and help hold your reader’s attention to the very last word. Varied sentence lengths create rhythm, control pace, and help hold your reader's attention to the...7. Avoid Adverbs Take it from Stephen King himself: â€Å"The road to hell is paved with adverbs.† â€Å"But,† you say, â€Å"I write content for a martech publication, not fiction! I never use adverbs. When would I use a word like ‘angrily,’ ‘playfully,’ or ‘indubitably?’† Not so fast. Comb your sentences for common adverbs like â€Å"very,† â€Å"totally,† and â€Å"really†- you may find a few have snuck into your writing. And while you might think you need certain adverbs for clarity, look for more specific ways to create emphasis without relying on empty adverbs like â€Å"extremely.† And while you might think you need certain adverbs for clarity, look for more specific ways to...8. Develop an Allergy to Jargon â€Å"Jargon† includes both industry-specific colloquialisms and vocabulary used by experts to talk precisely about high-level concepts, and it’s essential to understand the difference. To an outsider, any industry-specific terms might sound like gibberish. This kind of jargon can be useful when writing for your peers- provided you match your language to your audience’s experience level. The other flavor of jargon, however, muddies your writing. Don’t mistake a â€Å"fancy† word for a precise one. Avoid â€Å"utilizing† or â€Å"leveraging† something when you could simply â€Å"use† it. As you edit, ask yourself, â€Å"Is this language as specific as possible? Is there a simpler word I can use here to communicate the same idea?† If the answer is â€Å"yes,† you’ve got some jargon-slashing to do. Recommended Reading: The Most Complete Content Editing Process to Avoid Copy Disasters 9. Passive Voice Is Not Needed What’s passive voice, you ask? (Hint: I included an example in the title of this section.) To identify passive voice in your writing, look for any sentence where the subject is acted upon by the verb. For example, in the statement, â€Å"This article was written by me,† the subject (â€Å"this article†) receives the verb â€Å"to write.† You could rewrite this sentence to be in active voice by swapping â€Å"this article† with the noun performing the action. Your new, active voice sentence then reads, â€Å"I wrote this article.† You now have a more direct sentence using fewer words! Like magic. Remember, automated grammar-checking software doesn’t always detect these kinds of errors. You’ll need to scan your writing yourself to find and correct any egregious uses of passive voice. Scan your writing yourself to find and correct any egregious uses of passive voice.10. Check Your Gerunds Make sure you haven’t padded your word count with unnecessary gerund phrases- passive verbs followed by â€Å"-ing† words. Gerunds often sneak into your writing like this: â€Å"If you’re wanting to try our service . . .† (Rather than, â€Å"If you want to try our service†) â€Å"In this episode, she is asking . . .† (Rather than, â€Å"In this episode, she asks†) If you find a gerund attached to a passive verb, swap out the phrase for a single active verb. Voila! You just created a stronger sentence. Isn’t editing fun? If you find a gerund attached to a passive verb, swap out the phrase for a single active verb....11. Take Your Time Take your time in all stages of writing, not just the editing stage. Take time to formulate an insanely powerful idea. Take time to flesh out an outline that will keep your piece focused. Take time to write when you’re feeling inspired. And of course, take time to work through edits. Some writers I know spend upwards of six hours writing a 1,500-word blog post. No, they’re not lazy. They’re not newbies. They don’t need an emergency intervention on account of their time management skills. Their writing process takes six hours because it involves thorough research, brainstorming, execution, and editing. They don’t rush any stage of their work, and  neither should you. Need a way to track your time and make the most of it? Try using Toggl: 12. Use a Copyeditor Don’t be afraid to call a professional! Copyeditors are trained to spot errors faster and with greater accuracy than the average content writer. Unlike most grammar-checking software, they apply context to your writing and distinguish between grammatical errors and harmless quirks in your writing voice. If you can’t access a human copywriter, consider a tool like Grammarly. Its grammar robots scan for errors as you type, wherever you type- even inside the bodies of emails. 13. Throw Weak Verbs and Adjectives Out the Window Now that you’ve weeded out the unnecessary gerunds, jargon, and adverbs, turn your focus to those weak verbs and adjectives weighing down your sentences. â€Å"Weak† verbs, this case, include linking verbs or verbs that describe a state of being. In the sentence â€Å"Marketers seem to want to know if this is true,† the phrase â€Å"seem to† describes a state of being. â€Å"Marketers want to know if this is true† preserves the meaning while removing the weak phrase. â€Å"Marketers want proof† is even more direct. Weak adjectives often sneak into your writing as redundancies. Phrases like â€Å"exact same† and â€Å"current trend† apply weak adjectives to words that don’t need further clarification. If a noun tells the same story without the attached adjective, leave it on the cutting room floor. Looking for stronger words to mix up your verbiage? Steal some from this list: 14. Nix Non-Essential Words If all these cuts have you in a sweat, don’t panic- you’re almost there! It’s time to review your writing for remaining non-essential words. These words often lurk in your transitions and use two or three words when one will do. Words like â€Å"that,† â€Å"in order to† (instead of â€Å"to†), and â€Å"may possibly† (instead of â€Å"may†) clog your sentences without adding meaning. Nix ‘em! Words like â€Å"that,† â€Å"in order to† (instead of â€Å"to†), and â€Å"may possibly† (instead of...15. Embrace Your Writerly Tics Yes, you do have to standardize aspects of your writing. Obeying the rules of grammar, structure, and style makes your writing stronger. However, everything else- your voice, your point of view, your process- should come from you. Maybe you’ve got a cheeky sense of humor. Perhaps you like to kick off your content with an anecdote or a provocative claim. Maybe your quirks are more process-oriented- you work from an outline, or you always write your first drafts in a single, frenzied sitting. Embrace these habits! They’re what set your content apart. Embrace your quirks! They're what set your content apart.Personal, memorable writing attracts returning readers and builds your following. If readers enjoy and trust your voice, they’ll choose your content over an anonymous contributor the next time they need an expert opinion. Meeting your word count is only half the battle. Once you’ve got your words on the page, it’s your job to make each of those words count. Your readers don’t have time for fluff- serve them content that is worth their time, even if it means a brutal and bloody editing process before you hit â€Å"Publish.† Take it from a managing editor: These tips will make it all worth it.

The Impact of Third Party Logistic on the Supply Chain Process in The Essay

The Impact of Third Party Logistic on the Supply Chain Process in The Case Of Tesco Plc - Essay Example There are associated different advantages with the effective third party logistics. The advantages of the third party logistics include improvements in the efficiency of labor, increase in the efficiency of the IT, improvement in the customer’s satisfaction and the effective implementation of the supply chain management systems. Table of Contents ACKNOWLEDGEMENT 5 DECLARATION 5 ABSTRACT 5 CHAPTER 1: INTRODUCTION 5 Outline of the Study 5 Background of the Research 5 Problem Statement 5 Research Aims 5 Research Objectives 5 Significance of the study 5 Rationale of the study 5 Research Questions 5 Electronic data base searches 5 CHAPTER 2: LITERATURE REVIEW 5 Supply Chain Management 5 Third- Party Logistics 5 Overview of the Company 5 Tesco Plc and the Third-party Logistics 5 Pitfalls 5 Strategic objective in the Supply Chain 5 Supply Chain Management (SCM) 5 Retail Sector 5 Principles for managing the Supply Chain 5 Principle No. 1: 5 Principle No. 2: 5 Principle No. 3: 5 Princi ple No. 4: 6 Principle No. 5: 6 Principle No. 6: 6 Principle No. 7: 6 Supply Chain Decisions 6 Location Decisions 6 Production Decisions 6 Inventory Decisions 6 Transportation Decisions 6 Impact of Effective Third Party Logistics 6 CHAPTER 3: METHODOLOGY 6 Research Plan / Methodology Perspective 6 Research Design 6 Rationale for a Qualitative Study 6 Rationale for a Quantitative Study 6 Philosophical Framework or Paradigm 6 Appropriate Method 6 Selection of Methods 6 Data Collection Methods 6 Instrument for data collection 6 Data Analysis 6 Justification Method 6 Strength and weakness of the mixed research 6 Strengths 6 Weaknesses 6 Literature Search 6 Reliability/Dependability 6 Validity 6 Ethical Considerations 6 CHAPTER 4: DISCUSSION AND... Just like other activities, the Supply Chain Management is one of the advanced methodologies to ensure a proper and sophisticated supply and distribution of the goods and services by the firms in an industry. This proposal, and the thesis based on it, discusses the concept of the Supply Chain Process and the impact of third party logistics on it. In order to elaborate on the literature review of the subject, the research has been done analytically through the case study approach. For that purpose, the case of Tesco Plc has been considered and a comprehensive view of the topic has been provided in the company’s context. In order to provide a structure to the study, the exploration has been guided through the use of research methodologies, the collection of data through secondary research and the interpretation of the results. Background of the Research For the purpose of researching upon the company, Tesco has been considered to be analyzed in terms of the supply chain process. The investigation will also be performed to judge the impact of third party logistics on the supply chain processes of the organization. According to Rayport and Sviokla (2006), Tesco plc is merchandise and the global grocery retailer based in Cheshunt, United Kingdom.

Managing Entrepreneurial Enterprises' Individual Entrepreneurship Essay

Managing Entrepreneurial Enterprises' Individual Entrepreneurship Interview - Essay Example I always like seeing things being done the right way and thus, I prefer employing myself in order to control my business my own way. In my business, I can make my own rules without consulting any person except my employees Charantimath, 2006, 23). Secondly, I like being independent with my own goals and objectives that I have set to achieve. Individuality is a characteristic that enables me to be to stand even when faced with challenges without expecting help form any person. Therefore, as an entrepreneur I can be totally independent without sharing profits or losses with anyone. How do you security in your business? I am a goal oriented person. Setting goals gives a person assurance and security at work since, when the goals are accomplished; it implies that it cannot fail at given time. An entrepreneur has to be focused at achieving his or her goals since; a business is driven by the goals (Eric, 2012, 12). Without goals, the employment security of the employer is at stake and can fail anytime. How do you manage to succeed in your business? First I am a disciplined person. I do not waste time on issues that might lead to failure of my business. I am also punctual in my work. I ensure that all my projects are completed within the speculated time. Discipline also helps me to keep deadlines and be serious with every part of the business (Bridge, 2010, 35). It is also a factor that helps me to ensure that there is no wastage of resources in the business. Therefore, as an entrepreneur, I have managed to succeed through ensuring that every line of work is well coordinated without taking any part for granted. How do you manage to keep your business running despite the stiff competition in the technology industry? The main strategy that I use is creativity and innovativeness. Entrepreneurship is all about generating of new and unique ideas in order to challenge those of competitors. For instance, in the technology industry I have to ensure that I am updated on all th e updated technology such as new brands of computers and laptops. I also have to innovate new ways of repairing different parts of the instruments. This helps me to attract new customers and provide them with quality services (Under30CEO, 2010, 65). One character trait that also helps me manage the competition is being a risk taker. As a risk taker, I can take advantage of different opportunities in life without fearing the possible losses. This way I can come up with quality features that can be used in building my business. For instance, purchasing laptops in bulk from foreign countries is extremely risky since; one is never certain if the laptops will be purchased by customers. However, as an entrepreneur, I have to take the risk since; that way I will increase my profits. This character is also supported by the fact that I am an opportunistic person. How do you ensure that, as an entrepreneur, opportunities do not pass you by? I take advantage of the different opportunities that my competitors may be ignoring. This way, my business can thrive above others since I will be equipped with unique ideas (Rex Bookstore, 2012, 45). I am also a thinker; I find my way out of the hard parts of the business that I may face. For instance, if a laptop has been repaired and it is not yet working, as an entrepreneur I have to think of the probable cause of the problem. Therefore, as an entrepreneur I cannot afford to run out of ideas at any one point in time. This has also helped to be above my competitors since; while other companies might tell