Banking and the management of financial institutions Essay

Banking and the management of financial institutions - Essay Example Financial institutions therefore play a key role because they take money from people who want to save and they don’t keep them but lend them to others on the other side who invest in the development programs (Schroeck, 2002).There has to be a process of financial development. Financial development occurs through the process of economic development. In some cases, financial developments are first put in place then steering development growth and in others, the growth of the economy and business lead to a need for a financial institution to sustain it. The current situations have affected financial institutions in immense ways, the current economic crisis have affected the sector and have impacted greatly on individual banks and as a result their priorities have changed in a move to cope with the changes in response to the sudden crisis that have hit across (Schroeck, 2002). Section 2How are banks able to loan businesses, finance education and make it possible for people to buy homes with mortgages?, how are banks run so as to be able to earn more profits, how are they being managed with regard to balance sheet?, and what are the banks income determinants?.   How are banks able to manage interest risks and also able to get financiers? Finally how banks being regulated and what are the benefits and some challenges that are encountered in an effort to regulate banks. Who is responsible or which are the main institution that play a bigger role in the management of banks and other financial institutions.... ion and make it possible for people to buy homes with mortgages?, how are banks run so as to be able to earn more profits, how are they being managed with regard to balance sheet?, and what are the banks income determinants?. How are banks able to manage interest risks and also able to get financiers? Finally how banks being regulated and what are the benefits and some challenges that are encountered in an effort to regulate banks. Who is responsible or which are the main institution that play a bigger role in the management of banks and other financial institutions. The world economic crisis has reduced drastically people trust on the financial institutions specifically banking (Schroeck, 2002). Marketing therefore no longer guarantees customer loyalty and trust but a rather more practical strategy that is customer centered. Marketing has to be more creative in their work and therefore have to both apply different strategies that but together both science and art to quickly understa nd customers and find opportunity for growth, They have to apply different ways in dealing with multi diverse issues in order to meet the demand of diverse consumers and business banking customers regardless of their diversity, age and business (Hull, 2012). Majority of banks nowadays are changing and improving the appearance or efficiency of their processes. They have tremendously improved their efficiency and have worked hard towards fine tuning customers facing numerous distribution channels and also in building them into the system. Industries that will thrive well in the current business environment are those financial institutions that are sensitive to the need of customers and ones that control products and services as well as product and are innovative (Hull, 2012). Customers

Is global climate change man-made Research Paper

Is global climate change man-made - Research Paper Example As such the human activities on the environment have direct and indirect impact on climate change. The aerosols and greenhouse gases lead to change due to the alteration of the solar radiation and the infrared radiation, which form a significant component of the energy balance of the earth (IPCC 34). Climate change, from its very roots, is a human driven trend. It began back in the 1750 when the industrial era began. Industrial revolution was an age that saw factories emit substantial amount of gases to the atmosphere thereby resulting to the change (Sondergard 23). The revolution came with a warming influence that substantially changed the climate. The impact of the human activities during this exceeded the known natural changes such as volcanic eruptions and solar changes. Climate scientists agree that the trends in the global climate change are mainly caused by the activity of man on the land (IPCC 56). The human beings constantly expand the green house effect and the trend has been so for a very long time in history. The warming happens when the atmosphere traps heat that radiates from the atmosphere. Climate change happens when some gases in the atmosphere block heat from the earth from escaping. These gases are emitted mainly as a result of the human activity on the surface of the earth. One of these major gases is the carbon (IV) oxide. According to NAS (34), the human activities that emit such gases are potential producers of climate change. When gases remain in the atmosphere for a long time, they fail to respond to the changes in temperature whether physical or chemical and force the climate change to occur. There are those gases that are the potential producers of global warming. One of those gases is water vapor. This is the most abundant greenhouse gas, but it also plays the significant role of being feedback to the changes in climate. As explains Sondergard (102), as the atmosphere warms, the