Animalism Vs. Marxism Essays (1611 words) - Marxist Theorists

Animalism Vs. Marxism Characters, items, and events found in George Orwells book, Animal Farm, can be compared to similar characters, items, and events found in Marxism and the 1917 Russian Revolution. This comparison will be shown by using the symbolism that is in the book with similarities found in the Russian Revolution. Old Major was a prized-boar that belonged to Farmer Jones. The fact that Old Major is himself a boar was to signify that radical change and revolution are, themselves, boring in the eyes of the proletariat (represented by the other barnyard animals), who are more prone to worrying about work and survival in their everyday life. Old Major gave many speeches to the farm animals about hope and the future. He is the main animal who got the rebellion started even though he died before it actually began. Old Major's role compares to Lenin and Marx whose ideas were to lead to the communist revolution. Animal Farm is a criticism of Karl Marx, as well as a novel perpetuating his convictions of democratic Socialism. (Zwerdling, 20). Lenin became leader and teacher of the working class in Russia, and their determination to struggle against capitalism. Like Old Major, Lenin and Marx wrote essays and gave speeches to the working class poor. The working class in Russia, as compared with the barny ard animals in Animal Farm, were a laboring class of people that received low wages for their work. Like the animals in the farm yard, the people is Russia thought there would be no oppression in a new society because the working class people (or animals) would own all the riches and hold all the power. (Golubeva and Gellerstein 168). Another character represented in the book is Farmer Jones. He represents the symbol of the Czar Nicholas in Russia who treated his people like Farmer Jones treated his animals. The animal rebellion on the farm was started because Farmer Jones was a drunk who never took care of the animals and who came home one night, left the gate open and the animals rebelled. Czar Nicholas was a very weak man who treated his people similar to how Farmer Jones treated his animals. The Czar made his working class people very mad with the way he wielded his authority and preached all the time, and the people suffered and finally demanded reform by rebelling. The Czar said "The law will henceforward be respected and obeyed not only by the nation but also the authority that rules it - and that the law would stand above the changing views of the individual instruments of the supreme power." (Pares 420). The animal Napoleon can be compared as a character representing Stalin in Russia. Both were very mean looking, didn't talk very much but always got what they wanted through force. In one part of the book Napoleon charged the dogs on Snowball, another animal. Stalin became the Soviet Leader after the death of Lenin. He was underestimated by his opponents who always became his victims, and he had one of the most ruthless, regimes in history. In was not till very many years later that the world found out about the many deaths that Stalin created in Russia during the Revolution. For almost 50 years the world thought that the Nazis had done the killing in Russia, when in fact it was Stalin. (Imse 2). The last characters that are symbolic of each other are the animal Snowball with the Russian leader Trotsky. Snowball was very enthusiastic and was a leader who organized the defense of the farm. He gave speeches and instructions but was not very beneficial. All the other animals liked him, but he was outsmarted by Napoleon. Trotsky and Stalin's relationship was very much like Snowball's and Napoleons. Trotsky organized the Red Army and gave speeches and everyone in Russia thought he would win power over Stalin. After Lenin's death Trotsky lost all his power to Stalin and was expelled from the communist party. He was at one time considered the second most powerful man in Russia. (Trotsky" Comptons 290). Besides characters there are many items that can be compared as symbols in the book and in Russia. The whip that Napoleon used in the

SWOT, Porter and PESTEL analysis of HSBC Holdings Plc The WritePass Journal

SWOT, Porter and PESTEL analysis of HSBC Holdings Plc SWOT, Porter and PESTEL analysis of HSBC Holdings Plc IntroductionProfile of companyMacro-Environment AnalysisPOLITICAL ANALYSISECONOMIC ANALYSISSOCIAL ANALYSISTECHNOLOGICAL ANALYSISMicro-Environmental AnalysisThreat of substitutes:Bargaining power of suppliers:Rivalry among current competitors:SWOT AnalysisSTRENGTHS WEAKNESSESOPPORTUNITIESTHREATSCONCLUSIONREFERENCESRelated Introduction The most important intention of the report is to investigate the business environment of HSBC Holdings PLC. HSBC Holdings also is one of the market leaders in today’s banking world. HSBC head office it can be found at London’s Canary Wharf on the HSBC tower. HSBC stands for Hong Kong and Shanghai Banking Corporation, which was established by a man from Scotland, named Thomas Sutherland, in 1865. The report presents information about the company’s activities, financial performance and market environment. Going through few major topics will provide investors with reasonable overview. The first part of the main body will primarily focus on the Company’s Profile and Activities, afterwards the analysis of macro-environment and the micro-environment of the company, evidence of an audit of key competences within the company followed with the recommendations and conclusion. Profile of company HSBC has got over 7.500 offices in 87 countries. It is very widespread and has around 220.000 shareholders in 124 countries and territories. HSBC provides a full range of financial services being Personal Financial Services, Commercial Banking, Corporate Investment Banking and Markets Private Banking. HSBC is mainly operating in Europe, Hong Kong, Asia-pacific region, Australia and America. HSBC is interested in the emerging markets of Asia-Pacific region and is continuously heavily investing in these regions. The major top UK competitors of HSBC are Barclays and Royal Bank of Scotland. Those are the corporations operation of which HSBC carefully investigates and tracks at all times. However HSBC is not a bank that follows the ideas and the management manners of its competitors. HSBC Holdings PLC has shown steady growth in share price over the last five years. This is a clear indicator that a company is worth investing in. HSBC Group also demonstrates constant growth and is a very reliable corporation. These enable us to recommend investing in HSBC because of its growth opportunities and bright profitable prospects. The HSBC banking corporation is on third position in the world in regard to assets ownership. Almost 22% of HSBC’s profits have been derived from Hong Kong, which is a well known operational centre. Known as the world’s local bank, HSBC has a history of helping millions of customers globally in order to achieve their financial aspirations. They understand the importance and functioning of different markets through their experience in international trade. As a result, HSBC has grown into a company or banking institution that has the deepest respect for different cultures and people connected to these cultures. Their motto is to look at their customers as individuals and strive towards providing them with a personalised service and credit card products that will fit each of their specific needs. Simultaneously, HSBC Group has been trying to build up a good reputation in the US and conquer the markets of HSBC – North America, proudly stands one of the top 10 financial services companies in the United States. Its combined team reached more than 53,000 employees works with the common goal of meeting the needs for about 100 million customers. After achieving the goals in US, the company focused on developing countries and is more interested in the emerging markets of Asia-Pacific region and is continuously heavily investing in these regions. Furthermore HSBC is considering moving its head office from London to Hong Kong. Britains greatest bank, warned key shareholders that this was unsatisfying full-year results have made arguments for shifting HSBCs domicile to Hong Kong unsatisfying†. The investors have been shocked by the swift gear-change in HSBCs review of its domicile but some others have already told the HSBC that they would sponsor the move. Some other investors said that they understood the move and that the bank had been a change of tone as HSBC reviews its domicile. UKs capital terms for the main banks, now is one of the greatest in the world and according to the Basel terms, is expected to go even higher. Although HSBC refine to the investors that if the terms in Hong Kong is more relaxed requirements, that can cost less and develop more profit by making it the best use of its balance sheet. The loss of HSBCs head office in London, despite the fact that abused for months because of the raise in financia l arrangements, would be a severe blow to the Coalition which, admitting some of its banker criticism is relying on a private-sector-led recovery. However, HSBC supported that it elects to stay in UK and told that an approaching change in its position was entirely hypothetical. Macro-Environment Analysis PEST ANALYSIS    POLITICAL    Government is responsible for protecting the public interest. Political stability affects business decision. Consumer protection. Regulations of business activities. ECONOMIC    Competitor activity. Competition for resources. Savings. Unemployment numbers. SOCIAL Work life balance. Trends in consumer behaviours. Leisure. Lifestyle. TECHNOLOGY Technological arrange is speeding up. Technology develops now products (internet). Improved communication. Internet business. POLITICAL ANALYSIS HSBC banking has been sheltered by the regulations and policies made by different governments  Ã‚   in the countries where they are working. The company has been able to remain to the policies agreed by each government to make sure that the company will be able to accomplish business operation successfully and effectively. HSBC Company also formulates their own defence strategies besides any governmental restrictions and limitations. ECONOMIC ANALYSIS Being one of the world’s leading and completive businesses in conditions of banking and finance HSBC said to have a secure and successful economic strength. In spite of lots of dangers that they meet in many parts of the world, the management of HSBC make what they need to be able to go beyond such struggles and to have a better economic condition and create a shield against unemployment. SOCIAL ANALYSIS HSBC is being affected by the circumstances of the society in which they are in use. By the side of this HSBC tries harder to make sure that each society is given the same chances to take the benefit of the resources given by the organization. The company adhere to having good name and relations in the society that belong to secure that everything will be customary and under control. TECHNOLOGICAL ANALYSIS The urgent situation of information technology, internet and generally the improvement of technology effects how HSBC has been working in the past years. The company search for different systems and used internet to get to their costumer all over the world and also help them know the latest trends in the global business. Except from these, the company also uses special facilities which help then to advance their productions and operations and also make them to achieve their goal. Technological breakthroughs can create new industries which might prove a danger to presented organizations. To summarise PEST analysis looks at the business strategies to understand the environment that the company is working and also to take the advantages and benefits to minimize the threats and the dangers for the business. Micro-Environmental Analysis Porter’s Five Forces Potential entrants HSBC has many threats from Tesco, Sainsbury’s and a large number of other markets consider to enter into banking industry as a result of high profits that the specific kind of industry offers. Large super-markets in UK seek to enter without considering that those threats sometimes breakdown organisations such as HSBC. Although, HSBC received several threats from the market, they were still able to create high standards for the competition. Strong branding images are used from HSBC, so the company will not result in loss of customers. Bargaining power of customers An organisation created a value which has affected the occupation from one of the two important forces customers’ power. The role of this force contains the customers concentration along with the size. In other words, HSBC managed their customers as a result of allowing the company to gain customer loyalty. The strategy that was used by HSBC allows them to have a chance becoming a world leader in banking industry. Threat of substitutes: Another significant threat that HSBC faces is that competitors provide new products and services. This threat gives the opportunity to the company to work hard as a result of being sustain to its position. HSBC’s strategy focuses on the four different customers’ sections. Bargaining power of suppliers: Customer power mirrors to supplier power. This force focus on two important points. The first one is the significant size and concentration of suppliers and the second one the differentiation in the materials being supplied. HSBC use the strategy of charging markets with different prices according to differences of the price of each buyer. Rivalry among current competitors: There have many rivals in the banking and financial sectors. HSBC used efficient strategies to ensure its leadership position in the market among rivalries. Moreover, due to the capabilities of other rival companies, HSBC develops strategic plans to confirm that they are permanently being the first choice of their customers in banking industries. Nowadays, as we cross the mountain of financial crisis, a number of banks went to liquidation SWOT Analysis STRENGTHS    International Finance. Record Profits. Listed in London. China. WEAKNESSES Poor Performance. Brand Name. OPPORTUNITIES Growth on emerging economies. Biggest Bank in Middle East. Low mortgages interest rates. THREATS Moving back to China. New Regulations. Fewer Revenues from the integration of financial markets. STRENGTHS International Finance Since HSBC is a global company  itself  is well qualified  to advise other companies on aspects of international business. With offices  around the world, for the international client HSBC  often cannot be defeated in this area. HSBC knows how to succeed in Mergers and Acquisitions (M  Ã‚  E) and  the  organic  and the effective development. Record Profits Last year, HSBC experienced the most profits ever for a UK high street bank. HSBC have revealed their profits more than doubled in 2010 to  £10 billion with every region in the black for the first time since 2006. Listed in London HSBC is listed primarily in London and Hong Kong stock exchanges, which saves the company a lot of grief in complying with new U.S. legislation Sarbanes-Oxley law. Many companies have chosen to list on foreign stock exchanges, except America, because of expensive new regulations. China HSBC has 140 years of experience in China. Since China is the place to be today for companies and banks, HSBC benefits for being so old Chinese company and accepted by the Chinese people. The best news for HSBC is that, like other companies grow in China, it does too. The reason this happens is that it wins new customers and new global opportunities with each passing day. The HSBC has the largest network of any foreign bank in China and deeply understands the Chinese market and the customer. In a world that is increasingly going the way of China, this is quite a boon to HSBC. WEAKNESSES Poor Performance There is a poor  performance in the section of  personal finance services. HSBC try to fix these problem years ago. But the problem is there every year. Brand Name While it is certainly a global company, HSBC came late in the game to decide to execute a comprehensive marketing strategy and take advantage of the global brand. Because he had created so many different banks in different countries at different times over a period of one hundred years, which set them up with different names Hong Kong Bank of Canada, the British Bank of the Middle East, etc. Not even all of these banks prior to 1998, bore the logo of HSBC. In 1998, they were all branded together, but the previous lack of branding and name changes can damage the HSBC brand recognition. Customers may have thought that HSBC was responsible local bank and did not realize that HSBC had already serving for decades. OPPORTUNITIES Growth on emerging economies Apart from the growing Chinese middle class Brazilians and Indians have begun to appear as consumer culture, and thus increases wasteful consumers. Some residents of those countries in the past does not even own a bank account, but companies such as HSBC is ready to move in and benefit from the growing middle class in these areas. In places like Argentina and Turkey, HSBC experienced pre-tax profits by 50% in the past years. This is where it grows more. Biggest Bank in the Middle East The other banks are removed from the Middle East. However, HSBC has been running regional activities at the local level and have been rewarded for his efforts with numerous awards and honours for the Middle East market. HSBC is a trusted name there, and the company benefited from new democracy in Iraq by establishing a presence in the country. HSBC is the largest international bank in the Middle East. Low Mortgages Interest Rates The low mortgage interest rate increases the revenues and market’s shares. HSBC has made some records on this. THREATS Moving Back to China The banking colossal HSBC has been most explicit threat yet that it might move its headquarters from London because of the narrowing regulatory noose. New Regulations The investors of HSBC have been warned that future profitability will be affected by the new global policies designed to make the sector of financial more secure, but smoothed the blow with the promise of increasing dividends. CONCLUSION To conclude we would like to state that HSBC Group is in constant search of further development and its key data of latest year’s financial performance proved that they are succeeding in their aims, as the company is showing increase in almost all aspects of its business. It has shown steady growth in total profits in all most important regions of operation. It has also achieved large earnings per share increase over the last five years. The company has recently made a successful growth in the Middle-East region and expects continuous growth in profits from that region. In Asia all business segments exceeded and also contributed to overall function of the HSBC Group. From our point of view, in a company that has reached such huge size and success, there is not much that can be improved, considering their financial performance. It is worth mentioning, that HSBC Group should give more attention to the rapidly developing internet banking system. The information presented in this report is enough to make the final decision and as far as we are concerned it is good and reliable company to invest in. Immediate huge profits should not be expected, but it is a perfect long-term investment. HSBC Group has around 220.000 shareholders in over 124 countries and this only adds to its reputation and proves its trustworthiness. REFERENCES HSBC (2011) ‘About HSBC’, HSBC website, hsbc.com/1/2/about [10/03/11] BBC (2011) ‘News Business’, BBC website, bbc.co.uk/news/business-12658880 [12/03/11] Thomson Reuters (2011) ‘UPDATE 1-HSBC considering move to Hong Kong report’, Thomson Reuters website, reuters.com/article/2011/03/06/hsbc-move-idUSLDE7250F820110306 [13/03/11] Louise Armitstead (2011), ‘HSBC reveals plans to quit London for Hong Kong’, Telegraph website, telegraph.co.uk/finance/newsbysector/banksandfinance/8363584/HSBC-reveals-plans-to-quit-London-for-Hong-Kong.html [13/03/11] Hoovers (2011), ‘HSBC Holdings Plc‘, Hoovers website, hoovers.com/globaluk/sample/co/competitors.xhtml?ID=ffffcrksftxxchrftc [18/03/11] HSBC (2011), ‘Newsroom’, HSBC website, hsbc.com/1/2/newsroom/news [17/03/11] HSBC (2011), ‘Group Members’, HSBC website, hsbc.com/1/2/about/group-members [18/03/11] Thomson Reuters (2011), ‘HSBC Holdings PLC (HBC) Company Profile’, Thomson Reuters website, reuters.com/finance/stocks/companyProfile?rpc=66symbol=HBC [19/03/11] Alex Morales (2011), ‘News’, Bloomberg website,   bloomberg.com/news/2011-02-27/hsbc-set-to-announce-20-billion-pre-tax-profit-times-reports.html [20/03/11]

Globalization and Ethnicity in the United Kingdom Essay

Globalization and Ethnicity in the United Kingdom - Essay Example The effect of globalization-led migration is the growing diversity of any given state and the heightened pressure of supporting and fairly representing the interest of a state’s citizen living abroad. On the other side, globalization has resulted in some of the societies that exist as enclaves within the boundaries of a given state to champion for their independence, secession, and right to govern themselves. Prior to the World Wars, the United Kingdom was the most dominant nation on earth and the superpower of the nineteenth century. The UK had engaged in colonial conquest in various parts of the globe. Having been the major power in the nineteenth century, Britain had occupied many parts of the world spreading their language and culture. In contemporary world setting, immigration to the United Kingdom has been tremendous with many people especially from third world countries and former colonies making the highest numbers of immigrants. Many third world countries have been af fected by political turmoil at one time in their history, resulting in political asylum and influx of refugees into the UK (Beck 2000). Â  Former British colonies like India, Pakistan, Nigeria, and South Africa among many others form the largest numbers of refugees and political asylum individuals living in the UK. Between 1991 and 2001, about half of the population increase in the UK was a result of the presence of immigrants born outside the UK. The UK thus has a very high number of immigrants who constitute the general population (Delanty 2008). Most of these people are not the UK born and some have spent the most part of their childhood in other countries and some even adulthood. Culture is dynamic, and culture in most cases dictates individuals’ behavior and ways of life.