Enlightened self-interest

increased to 10.0 trillion won by raising the 'Special Support Ceiling ' to two trillion won. In December 2008, the Bank of Korea paid banks one-off interest of 500.2 billion won on their required reserve deposit to help them expand their credit supply capacity by raising their BIS capital adequacy ratios. The advantage of paying off banks interest rather than lower bank’s reserve requirement is that it can improve the banks’ balance sheet immediately. The government and the Bank of Korea…

The intention behind the act is being selfish and only thinking about oneself. This particular theory goes well over here as Nguyen was doing things in his own interest even when he knew the end results could be devastating for the clients and the bank's reputation.  Utilitarianism: This theory talks about doing something that does greatest good to the greatest number of people. Once again this theory here can…

After Obama ruled in favor of the new Department of Labor (DOL) fiduciary rule, financial planners will no longer have their own interests in earning high-commissions and fees over their clients. The new rule is to protect advisor’s clients by adding a sense of transparency by making sure the advisor is acting within the best interest of the client, by recommending the best investments at the lowest prices. Implementation of the new rule is set out to prevent the $17 billion a year in…

Activities for All’s advisory board will have the similar responsibilities to a board of directors. To make sure advisory board members act honestly they sign a contract stating that advisory board members must act honestly and in the best interest for the community. This contract also means if an advisory board member notices something that has not been discussed, that they as an individual must bring the issue to the attention of the advisory board and founders. Our advisory board currently…

economy, and most importantly controlling the interest rates. The federal system is compromised of four separate branches. The Board of Governor, 12 regional banks, the Federal Open Market Committee or (FOMC), 12 regional banks and member banks. The fed also handles “Monetary Policy”. Monetary policy influences the interest rate which plays a key role in how the economy functions. When interest rates are high, borrowing becomes to expensive, when interest rates are low, people…

I have enjoyed working in Collections as a Collections Assistant I. Between using prior collections experience from other employers, college, and learning the systems of Bank of North Carolina I feel I have become a well molded employee for Bank of North Carolina. During the past year I have successfully completed all the requirements for a Collections Assistant II based on the Human Resources website. These requirements consist of calling on past dues until they are transferred to Special…

evaluation of their past self includes more self-criticism than their evaluation of their present self and that their future self is evaluated even more positively than the present self (Kanten and Teigen, 2008; Grysman, A., Prabhakar, J., Anglin, S. M., & Hudson, J. A. 2015). Individuals’ belief in self improvement from the past to the present has been explained using the temporal self appraisal theory (Wilson and Ross 2001; Ross and Wilson 2002) which posits that due to a self enhancement…

the study: In Changes in Stress and Nurse Self-Concept among Baccalaureate Nursing Students study, it discusses how stress levels can possibly have an effect on a nurse’s self concept. Nursing students go through different types of stress throughout each semester, the levels of stress increase when leading into clinicals. Due to all the stress can it really affect a nurse’s self-concept? Background Literature: What is the definition of self- concept? Self concept is determining “who you are”…

During the decision process of purchasing products and services consumers are influenced not only by psychological factors concering the concept of self but also by the people and social groups surrounding them. There are different types of reference groups. The first are primary and secondary reference groups. The primary reference group is the one relevant to influencing consumer behaviour as it consists of people (e.g. family, collegues, friends) with whom the consumer interacts on a regular…

We live in a world divided by two spheres: the industrialized, human world and the natural world. Today, in the twenty-first century, our lives are encapsulated by machines and industry. Generally speaking, we live in an age of cement and wires and concrete. Because this seemingly indestructible barrier, it can be difficult to see how vital it is for nature to be experienced and appreciated in our everyday lives. Nature’s importance and purpose often goes unnoticed or unappreciated in our…