Why Do We Need Financial Regulation?

[1] “The purpose of financial regulation is to improve upon the performance of financial markets relative to how they would perform driven solely by the forces of the private marketplace.” Banking is one of the most highly regulated industries within the United States. We can understand the impact of regulation by taking a look at the history and evolution of the banking system through to the present day. The Early Banking System Since the early days of banking, the industry has faced many changes in regulation due to different needs arising throughout the years. In the early days, government control was not favored among most of the original settlers who had come from countries where too much federal control was exerted. Therefore the early banking system comprised of a multitude of different small banks printing their own currency, which would often fail and leave customers with lost funds. ...

December 15, 2004 · 6 min · 1111 words · icarnaghan

Electronic Financial Transactions

Electronic financial transactions have become a common part of everyday life with enhancements in technology and a gradual acceptance and trust of these new ways of doing business. As the world continues to grow smaller through communication and other technologies, demands have increased dramatically for methods of providing instant financial services. This has become especially true for people traveling globally with a need to access their finances in different currencies. Both credit and debit card transactions provide a convenient 24 hour per day access to funds on demand, while other technologies are available for wiring money and sending electronic funds. ...

March 11, 2004 · 4 min · 732 words · icarnaghan

Work Visas within the United States

More and more companies within the US are hiring foreign personnel on work visas. As a result, it is vital that any organization wishing to hire a person from a different country must fully understand the laws behind the process of sponsoring an alien to work for their business. Obtaining work visas can be complicated and, more importantly, time-consuming processes. It is therefore vital that business objectives be clearly established and that visa planning occurs as early as possible to ensure a smooth process of employment. There are many ways that foreign citizens can apply for residence to the United States; however, the focus of this research paper is on obtaining a work visa through organizational sponsorship and does not outline immigration-visas or ‘green cards’. ...

January 25, 2002 · 9 min · 1739 words · icarnaghan

TSI (Ireland) Ltd.

Background Information TSI Ireland was formed over a year ago in February 1999 as a Private Limited Company. Financial backing came from the two partners within the company, Mr. Martin Hamill and Mr. Eric Carson (Business Manager for Orange, Northern Ireland). Staff comprised of 6 full time workers split into the following areas: two Administration personnel, a telecoms engineer, sales director, account manager and the managing director. The company also undertakes contract work from additional 6 workers who are primarily involved with sales. ...

February 28, 2000 · 15 min · 3125 words · icarnaghan

Organizational Behavior Leadership and Teamwork

During the summer of 1997 I worked for a period of four months on a contract for a company called the Environment and Heritage Service (EHS) Northern Ireland. During this time I worked primarily within the Computing Department of the organization and our team was involved with all the Information Technology issues across the various offices. This paper will look at the two main areas of leadership and team working as I learned a great deal while working there. The main Information Technology department comprised of a Systems Manager with three main Network Managers working for him and staff working under the database managers for various computing related jobs. To give an idea of the responsibilities of the staff within the computing department I will list briefly what each position has entailed. ...

March 10, 1999 · 9 min · 1917 words · icarnaghan

Advantages of having one large government over individual governments

The information gathered for this essay on social space and the European Social Chapter was obtained from various sources. These included Internet sites listed in the Bibliography and numerous books and material from the University of Ulster Library. It will attempt to show how the benefits for and the objectives against the European Social Chapter affect social space within various countries in the European Union. EUROPEAN SOCIAL SPACE The idea behind social space within the European Union has highlighted certain areas of concern within countries of the European Union. Employment, industrial health, social costs of industry, labour mobility and social spending within these countries are all elements dealt within European Social Space. Social space also involves education, training, housing and health. Over recent years the issues of social welfare have become extremely important as the EU has grown. One of the main reasons for this is that public expectations have increased rapidly that their governments will play a major role in improving overall quality of life, bringing social affairs firmly into the public domain. It is only over recent years that the idea of Social Space within the European Union has become a vital factor to the expansion of the EC. ...

October 28, 1997 · 10 min · 2051 words · icarnaghan

Manpower Planning Versus Human Resource Planning

The differences between manpower planning and human resource planning will be outlined within this essay along with how human resource planning has built on and developed traditional manpower planning. The main sources of information to compile this assignment have come mostly from Coleraine and Jordanstown University of Ulster Libraries and the books used and referred to have been listed in the references and bibliography section of this essay. MANPOWER PLANNING The main reason the process of manpower planning came about was to help the management of employees within a business organization. Manpower planning looks at the organizations current and future need of labour within the business. The current and future employment needs are a great concern and the examination of supply within the local area for possible new employees if required. ...

October 28, 1997 · 9 min · 1726 words · icarnaghan

Tesco - Marketing Strategy in Northern Ireland

Early in 1996 the supermarket giant Tesco bought over the complete Stewarts / Crazy Prices group for an investment of £641 million. By 24th November 1996 Crazy Prices, Abbeycentre had been converted to Tesco, Abbeycentre after several other branches including Carrickfergus had undergone the same changeover earlier on in the year. Although many of the objectives of the company remain the same there are noticeable changes that have occurred within the company as a whole. I will not be focusing on the past ‘Crazy Prices / Stewarts / West Side Stores’ supermarkets therefore as all of my research has been based around the newer Tesco developments ...

February 12, 1997 · 19 min · 3982 words · icarnaghan