African Americans health disparities Essay Example for Free

African Americans health disparities Essay In 2011, the diagnosis rate for HIV cases in the United States was 15. 8 per 100,000 population and 60. 4 among Blacks. Of 197,090 diagnoses of HIV-infection from 2008- 2011, Blacks/African Americans accounted for: ?47% OF THE TOTAL ?64% OF WOMEN ?66% OF INFECTIONS ATTRIBUTED TO HETEROSEXUAL CONTACT ?67% OF CHILDREN, AGES 13 In 2010, the death rate for blacks was higher (25. 0 per 100,000) compared with any other racial ethnicity group (3. 0 whites). Blacks represented 49% of all deaths with HIV in 2010. A recent study showed that blacks diagnosed with HIV are less likely than other groups to be linked to care, retained in care, receive antiretroviral treatment and achieve adequate viral suppression. African American Males African American men accounted for 42% of HIV cases diagnosed among men in 2011. A majority (72%) of African American men with HIV contracted the disease by male to male contact while 19% contracted HIV through heterosexual exposure. African American Females Among African American women, high risk heterosexual contact was the most frequently cited mode of transmission, accounting for 89% of cases diagnosed in 2011. More Information: ?HIV/AIDS TOPIC SITE ?HIV/AIDS AND AFRICAN AMERICANS ?HIV/AIDS STATISTICS AND SURVEILLANCE Sexually Transmitted Diseases (STD) Gonorrhea In 2010, 69% of all reported cases of gonorrhea occurred among blacks. The rate of gonorrhea among blacks in 2010 was 432. 5 cases per 100,000 population, which was 18. 7 times the rate among whites (23. 1). This disparity has changed little in recent years. This disparity was larger for black men (22.2 times) than for black women (16. 2 times). Chlamydia In 2010, the overall rate among blacks in the United States was 1,167. 5 cases per 100,000, a 4. 0% increase from the 2009 rate of 1,122. 2 cases per 100,000. The rate of chlamydia among black women was over seven times the rate among white women (1,536. 5 and 205. 1 per 100,000 women, respectively). The chlamydia rate among black men was almost 11 times the rate among white men (761. 8 and 69. 9 cases per 100,000 men, respectively). Syphilis.

Pigs Role in Animal Farm by George Orwell Essays -- Animal Farm Georg

Pigs' Role in Animal Farm by George Orwell At the start of the novel Orwell describes the pigs to be the "cleverest of the animals." This is clearly an advantage and so leads to the pigs taking over the farm. There is a sense of leadership very soon after Old Major's death as the three pigs, Snowball, Napoleon and Squealer arrange meetings with the other animals and already begin to give orders. "You do not need sugar," says Snowball. It is evident here that Snowball believes that he has power over the other animals already. Further on during the second chapter Snowball and Napoleon send for a ladder, proving that they think they can use the animals to do jobs and progresses more in chapter 3 when they believe that they can direct and supervise the other animals and not actually do the work themselves. In chapter two Napoleon says, "Comrade Napoleon will lead the way." Using the word "lead" shows that the pigs think of themselves as more than just teachers and even have their own headquarters soon after. It is clear to us that the pigs are using their intelligence to trick the other animals and play mind games with them. Orwell describes Snowball as a "more vivacious pig than Napoleon." We can see this whilst he is still on the farm, as he is always doing things to benefit the whole of the farm, not just himself whereas Napoleon is. "Snowball made a little speech, emphasizing the need for all animals to be ready to die for Animal farm if need be." It is evident from this quote that Snowball is very passionate about the farm and will do anything to improve it. His passion for the farm is very much shown at the battle of the cowshed where he is in charge of the attack against Jones and other farmers. ... ...oleon-we have won every inch of it back again!" Squealer is making it out to be a good thing maybe because Napoleon wants the animals to still think of him as a great leader. The animals soon believe that what they have done is great and so join in with the celebrations. Another use of Squealer by Napoleon is to increase the belief that Snowball is a menace so they think of Napoleon as a better leader and Snowball as a traitor. Napoleon is always maintaining his power throughout the novel and also uses Squealer to do this by giving credit to Napoleon for everything and reminding the animals that he is a great leader even if what he is doing is wrong. This way the pigs are able to benefit greatly from communism which is what they wanted from the rebellion. They show no interest in improving the farm itself but only in the strength of their power over it.

Spa – Cr. to the Rightful Owner

This chapter presents the discussion of reviewed related writing of authors that the researchers collected during the course of the study. Material reviewed came from different books, studies and other professional writings from both foreign and local books. Conceptual Literature The worldwide spa industry is worth in the region of US $40 billion and has grown at a phenomenal rate in the past ten years (Haden, 2007). The growth of health food, gyms and the investment in leisure facilities proves that consumers are looking for more than relaxation during a break or holiday; this is unsurprising given time is so precious to contemporary consumers (Lynch, 2002). Harmsworth (2004: p. 173) claims that â€Å"the spa market is one of the fastest growing leisure sectors, where societal trends and aspirations find instant reflection in the developments on both the demand and supply sides. The market is very fragmented, each segment catering for different customer needs, which continuously change in line with social and lifestyle changes. † According to Libosada Jr. C. and Bosangit C. (2007) stated that spa is a resort with mineral or thermal water used for drinking and bathing. The term is derived from the name of a town in Belgium and has been applied to similar resort worldwide. The Kentucky-based International Spa Association (ISPA), an organization which claims to set the standards for the spa industry makes no mention of water in its definition, arguing that â€Å"a spa serves as an educational and cultural institution that promotes and integrates individual wellness, health and fitness as well as social well-being, harmony and balance through wellness, prevention, therapy and rehabilitation of body, mind and soul† (Loverseed, 1998: p. 48). Later, the ISPA offered an all-encompassing, holistic definition, claiming that spas are entities â€Å"devoted to enhancing overall well-being through a variety of professional services that encourage the renewal of mind, body and spirit† (Mintel, 2005). It is claimed by Jenner and Smith (2000) that visiting spas is one of the earliest forms of tourism. Spas found their beginnings thousands of years ago, when ancient civilisations used them for their healing properties and as an important part of their social structure (Vierville, 2003; Spaa, 2002). The therapeutic use of baths was remarkably long-lived; such popularity was no doubt partly due to the fact that baths were both pleasant and, by the Roman imperial period at least, comparatively freely available (Jackson, 1990). It was after this time that public interest in baths began to peak (Spaa, 2002). Spa tourism has many varied definitions; there is no â€Å"officially† agreed upon definition of what a spa should or should not be – what makes it such? Many believe that the word ‘spa' is an acronym based on the Latin phrase â€Å"sanitas per aquas† – meaning ‘health through water', in fact the Oxford English dictionary’s definition of a spa is from the Latin â€Å"solus per aqua† or â€Å"health by water† defined as â€Å"a place with mineral springs considered to have health-giving properties† (Loverseed, 1998). Thornton and Brutscher (2003) maintain that the word and the concept of spa actually originated from the time of the Roman Empire when battle weary legionnaires tried to find a way to recover from their military wounds and ailments. Therefore suggesting that traditionally, water is not only inexplicably linked to the definition of spas, but that it is the water which defines it. The European Spas Association’s (ESPA) definition of a spa is also dependent upon the water element; they define a spa as „a mineral spring or a place or resort where such a spring is found? (Jenner and Smith, 2000). Unlike the ESPA, the British Spas Federation (BSF) reviewed its definition with regard to widening its membership, which at that time consisted only of the municipal authorities of spa towns. However, the BSF was later replaced by the Spa Business Association (SpaBa) who in turn redefined the spa, returning the centrality of the role of water by defining a spa as â€Å"an establishment providing a minimum of one approved water based treatment using water of known composition. The spa should be staffed by appropriately trained therapists and have minimum standards of furnishings. The water should be enhanced with minerals, either naturally or with an additive† (Mintel, 2005). Others, especially in the USA, hold a far less rigid view of what constitutes a spa. The Kentucky-based International Spa Association (ISPA), an organization which claims to set the standards for the spa industry makes no mention of water in its definition, arguing that â€Å"a spa serves as an educational and cultural institution that promotes and integrates individual wellness, health and fitness as well as social well-being, harmony and balance through wellness, prevention, therapy and rehabilitation of body, mind and soul (Loverseed, 1998: p. 8). Later, the ISPA offered an all-encompassing, holistic definition, claiming that spas are â€Å"devoted to enhancing overall well-being through a variety of professional services that encourage the renewal of mind, body and spirit† (Mintel, 2005). It is claimed by Jenner and Smith (2000) that visiting spas is one of the earliest forms of tourism. Spas found their beginnings thousands of years ago, when ancient civilisations used them for their healing properties and as an important part of their social structure (Vierville, 2003; Spaa, 2002). The therapeutic use of baths was remarkably long-lived; such popularity was no doubt partly due to the fact that baths were both pleasant and, by the Roman imperial period at least, comparatively freely available (Jackson, 1990). It was after this time that public interest in baths began to peak (Spaa, 2002). By the medieval period, the idea that thermal springs could have medicinal properties was firmly established. But in the 18th and 19th centuries, taking the waters? began being a fashionable pastime for Europe?s upper classes. In fact, the popularity of this habit is what established places in the UK, such as Bath, Brighton and Harrogate, as early tourism destinations (Jenner and Smith, 2000). Today’s spa is an interesting combination of ancient traditions and modern facilities; in recent years, the value of prevention, healthy lifestyles, and relaxation has been embraced by many and the spa is again finding its place in modern society as a place uniquely geared to address these needs (Register, 2005). In one of the major formative tradition for current pattern of health and well-ness spa tourism worldwide, the Roman Empire left behind a long list of spas all over Europe, which they built while they were occupying new territories. With the demise of the Western Roman Empire in 450 AD, so too came the demise of the Roman bath tradition in Europe, although Spain, North Africa, and the Middle East maintained a highly developed bathing culture. This was a result of the influence of the Byzantine or Eastern Roman Empire and the subsequent Arab conquests and maintained the influence of Roman bathing tradition in those countries (The Spa Association, 2005). The City of bath in England provides an example of the fusion of Roman history with later trends in spa and wellness demand and supply in Europe (White, 2000). After the springs had been abandoned as a bathing resource in 1978 (although not touristically or respect of their mineral waters), the Bath spa project was launched by the City Council in 1997 in order to restore bath to the leading spa town of England, with the expectation that the project would stimulate the revival of spa culture in the UK. The hew spa facilities in Bath are just a short distance from the original Roman bath site and they used natural hot spring water drawn from the same springs that have served visitors for at least the last two thousand years. The new facilities are designed to offer relaxing and extended therapeutic treatments. Although they will not act as a cure for serious illness they will act as a cure for the human spirit, as outline in reference to the conservation statement for the adjacent Roman Baths (Clews, 2000). In countries such as Hungary the change from centuries of thermal bathing culture to modern wellness facilities has been slower than in countries without a history of hot or mineral hot springs. In Budapest the increase use of day spas builds on the ancient way of relieving stress and physical ailments through hot water treatment, and day spas and wellness facilities are now being established in a society that is becoming more conscious of the importance of healthy lifestyle (LaForest, 2004). In Budapest the locals congregate in public thermal baths such as the Szechenvi to relax, swim and take many of the cures and treatment on offer. They are also known for taking the national pastime of playing chess into thermal pools (The age, 2005). And further to the east in Russia the Soviet era thermal baths were an integral part of the national health system. In Europe Austria was one of the first countries to adopt the more recent concept of wellness and to act upon quickly. The country affectively appeals to key tourist target groups by positioning itself to offer wellness treatments that unite the body, spirit, personal desire, culture, and natural resources embodied by the spring (Nahrstedt, 2002). Australia has an unmatched infrastructure when it comes to wellness holidays and health-related tourism, and was ranked number one in the world for quality of life and its healthcare services in the early 2000s (Garalli, 2002). According to Nahrsetedt (2002) Austria boasts an intact natural environment in conjunction with its wellness spas, an association that is also very popular in the Japanese tourist market. In Japan itself though, with literally thousands of geothermal springs and the Japanese preference for authentic and unadulterated hot spring water, wellness centres are not yet developed to quite the same extent, leaving the European style wellness facility as a potential favorite for the Japanese while on holiday. In Japan, in tradition hot springs have been developed into days spas known as kuahausu derived from the German word kurhaus, providing separates bathing areas for men and women with thermal mineral pools at different temperatures, a cold pool area with fountains and waterslides, bowling alleys, gyms, saunas and steam rooms, massage services, restaurants and bars, relaxation rooms, music rooms, and video games (Altman, 2000: 07). But the main bathing attractions are the traditional hot springs called Onsen. Often used by groups of people who enjoy sharing a bath after leaving the world of corporate work behind? As well as families and couples, a trip to an Onsen is classed as the ultimate bonding experience because all are equal once they shed their designer clothes and other status symbols. The captain of Iceland, Reykjavik, has been designated on official spa city by the European Spa Association (Iceland Express, 2006). This seems well deserved a quite logical, because the Icelanders have many facilities where they can take care of their health, well-being and leisure. Several active Volcanoes and high temperature geothermal field provide natural hot springs all over Iceland and most towns have at least one public geothermal swimming pool. The Health and Wellness Spa Industry Having said that, rising customer expectations concerning health and wellness are the foundation in which the modern health and wellness spa industry is building an ever-increasing supply of facilities for the medical and general (wellness) visitor, to the extent that this form of tourism is now worth in excess of 250 billion US dollars per year and attract some 150 billion active spa-goers world-wide (ISPA, 2007). Caution is needed here though, because for example these figures are said to include 19. 1 million Japanese spa-goers. Japanese data (Beppu International Tourism Office, 2007) suggest that there are over 150 million Onsen users alone in that country (Chapter 9). This discrepancy would appear to relate to the varying definitions of wellness and spa use that were discussed earlier, where the Japanese tradition is more about simply bathing in hot water than about the American tradition of beauty spa that underlies the research undertaken by the International Spa Association. As a result of this, many Japanese users may not be counted if the data are concentrating on analyzing the spa experience rather than the totality of health and wellness tourism based on the use of hot and mineral springs. The trend toward indulgence in a relaxing environment, which began after World War II (Foster & Keller, 2008), has thus turned into a global movement but one that is a significant departure from the original concept of health spa that mainly specialized in rehabilitation of recovering from illness and injury. The new emphasis lies in prevention of disease and maintenance of good health more that cure, with high expectations regarding health improvement even if there are no particular health problems. Along with the body, mind and soul are also catered for in many spas in a holistic approach of creating harmony for those in need. This often includes new-age treatments as well as the more traditional water-based therapy. The key element in all such facilities is water. Be it apart of the natural landscape surrounding a facility (ocean, rivers, lake and waterfalls), decoration in the background (pools, fountains) or an active treatment component, water is a very important element in the world of spas and wellness. More and more spas without a natural hot springs are investigating the possibility if tapping into mineral geothermal water resources to enhance their business. The trend towards natural looking environments or setting is also evident in many spa hotels and resorts where swimming pools and thermal bathing facilities are designed and built to looks are natural as possible, with rock pools the most typical and widespread design. The development of these spa and wellness water resources can be divided into two broad types: Hot spring: These are usually well known and general appreciated for their curative value and their therapeutic benefits based on both water temperature and mineral content; Mineral springs: These can be cold or warm water from a nature spring, with curative value based on the type and concentration of minerals in the water. Often, the water can be taken internally too and is bottled and distributed (Cooper, P. nd Cooper, M. , 2009). Current International Trends in Spa and Wellness Tourism The trends of indulging in a relaxing environment has turned into a global movement but one with a significant difference from the original concept of health and natural hot and mineral spring spas, which mainly specialized in rehabilitation. The new emphasis lies in the prevention of disease and in the maintenance of good health instead of cures, with high expectation regarding health improvements even i f there are no specific problems. Mind and soul are usually catered for long with the body in many spas using holistic approach of creating harmony for those in need, including new-age treatments as well as the more traditional rehabilitative therapies. The main center of attention at present appears to be a natural healing method incorporating Asian treatments accompanied by the esthetic appeal of Eastern lifestyles and culture, which are in great demand. Therapies of Asia origin are often combined with European balneotherapy and hydrotherapy as well as sport and fitness facilities to offer diversity of options in order to attract as many customers and client as possible. Nearly all spas cater for aspects with special signature treatments to ensure that there are no missed opportunities (Cooper, P. and Cooper, M. , 2009). Characteristics of Spa Tourists Traditionally it has been women who have primarily used spas. However, a consumer research conducted by ISPA in 2003 determined that 29% of spa tourists around the world are men; this figure rose to 30% in 2004. As men continue to represent a significant proportion of the spa market, more spas are offering special treatments for them and men-only spas continue to open in cities around the world (Grihault, 2007; Mintel, 2005; Messerli and Oyama, 2004). The Baby Boomer generation (45-60 years old) continues to be the core consumer base for the global spa tourism industry. According to Haden (2007) industry analysts have long known that health conscious Baby Boomers have been the main driving force behind the worldwide boom in the spa industry. However, some argue the appeal of the industry reaches a larger age-range; Swarbrooke (2000: p 78-79) claims that most visitors to spa sites are in the social classes A, B and C1 and are between 30 and 65 years of age. Mintel (2005) have a similar view, claiming it is the 25-64 year old market who dominate the customer base for spas; this group tends not to be at the family life stage, and their members are as likely to be male as female. The average age of visitors to spas is currently 49 years (ETC, 2002). Yet Hudson (2003) argues that by 2050, 20 percent of the world’s population will be sixty years or older; and by 2150, this figure will increase to over 30percent. These claims seem dramatic; however it is clear from all the statistics available that the population is aging and that this trend is set to continue. Latest research by International Database, US Census in 2007 confirms these figures and shows the number of people aged over 55 years is projected to reach 2. 6 billion or approximately 27. 7% of the world?s population by 2050. Thus, the number of individuals aged 55 and over is forecast to grow at a rate of about 4% per year over the next 43 years (Haden, 2007). According to a survey carried out by the British Market Research Bureau (BMRB), 70. 8% of those aged over 45 years had been on holiday in 2006, compared to 64. 9% of the general UK population. A Mintel study of US travellers in 2005 revealed that those over 55 years are more inclined to take holidays lasting five days or longer. Maintaining health in retirement has become a top priority. In a 2006 study of US health and fitness clubs in May 2006, Mintel found that those aged over 55 years were far more likely to participate in some form of strenuous exercise five or more times a week than other segments of the population (Haden, 2007). If such predictions are dealt with wisely, the outlook for the industry appears to be positive; it will help to drive tourism’s growth in general and health-related travel in particular. Taking this into consideration, such a shift will clearly have substantial implications for the international health and spa tourism industry. Research Literature Health spas had their origin in Europe and many resorts had name that were associated with spas. The popularity of mineral springs carried over to Northern America and the springs were the location of some of the earlier resort. It is important to differentiate between spa hotels and resort spas. Spas hotels cater only to spa clientele and all guests must participate in the meals, treatment and exercises. On the other hand, resorts spas are amenities that are available to the guest, and charges are made for the various usage of spa (Liguori, S. and Gray, W. ). Administration of spa hotels heavily involves people with a medical background, whereas resort spas are merely operating departments of the resorts. Exercises-oriented facilities are swimming pools, tennis court, handball and racquetball courts, jogging trails, hiking and weight and aerobic training. Spa program include dietary program, massage, herbal wraps, exfoliation, that also therapy, facial and hydrotherapy. Under both scenarios, staffing involves people experienced in the program and administrative personnel. Ways for boosting revenue The method presented in the previous section illustrated the overall contribution of resort spas to resort revenue, in order to offer more insight into how spa managers can increase their spa revenue, the author of this study conducted to an interview with a spa director of one of the leading resorts spa in Southwest Florida. The director state that resorts should first focus on guest experience to increase their sales. In that director’s case, she mentioned that her resort was able to increase the incremental spending from $658 to $985 per night by packaging spa and other activities together. The director also stated that pre-arrival process is a critical component for revenue maximization. She offered a case as an example where she use a system called â€Å"power booking† in which a spa front desk agent was calling guest two to three days to prior to the spa reservation date and providing the opportunity for upgrades and additional bookings base on availability (Rutherford, D. and O’Fallon, M. 2011). According to O’Fallon M. and Rutherford D. (2011) stated that spas are booming such a significant component of the service menu for resorts and full service hotels that their absence, especially in amenity- rich resort environment, is glaring obvious. Within the leisure industries in 2003, revenues related to spas ranked number four behind golf fees and dues ($19. 7 million0, cruise lines revenues ($14. 7 million), and health club revenues ($14. 1 million). At $11. 2 million, spa revenues outpaced amusement park revenues ($10. 3 million), box office receipts ($9. million), and vacation ownership sales ($5. 5 million (Thacker, 2004; Audi and Wright, 2004). In this section, we first examine trends that support a sea change in North Americans’ attitude toward spa demand demographics; we discuss the type of spas currently popular in the industry, development and operational considerations, the components of a spa experience, compensation issues, and trends in the spa industry. Spa demand According to the International SPA Associations research, between 2002 and 2003, 11% of the national population over the age of 16 made one or more spa visits. This statistics shows that in xten Americans visited a spa during that period. Additionally, of these, 41% were visiting spas for the first time, indicating a larger population embracing spa usage. Age demographics show that 145% of clients are between the ages of 16 and 24, and over 50% are in the 24 to 44 age bracket. An emerging national statistics is the number of male visits to spas. 23% of spa visits and 29% of spa goers were men in 2003, trending toward special gender oriented treatments and male- only spas being opened worldwide. Spa selection criteria are determined by a number of factors. An established and known environment for instance, as part of an established resort, club or destination spa often influences the decision, and does atmosphere, quality of treatment, and friendliness of staff. Additionally, among spa goers nine out of ten respondents report they would return for a similar experience. Most spa customers believe they receive good value for their spa dollar. On a 10 point scale, services were given an average of 8 for value; with massage generating 8. 8 on the value such as Canyon Ranch are opening in the day spa market, adding new competitive pressure on the independents. Non-traditional players are also adding product supply. For example, corporations are creating in house spa environments, hospitals are adding wellness as part of their repertoire, and medi-spas, with a primary focus on cosmetic surgery, are adding spa business as an additional profit center. Health club are also trying to capture a piece of the pie by adding spa practices. The rationale in this market is that time-crunched patrons can benefit from the one-stop-shopping approached to fitness and wellness but the health club operator also uses the spa as an enticement to join the fitness centre. As the day and destination spa markets become saturated, it will become imperative for survival that each operator differentiate itself from the competition. The necessity for market segmentation to ensure clear communication with consumers will be a key to success in the maturing spa market. Another component of success will be a branding strategy that the consumer can immediately identify with respect to spa performance and the consumers personal comfort travel (Rutherford & O’Fallon 2011). Health Issues and Spa Demand. Increasingly, spa goers are looking to create prolonged wellness that integrates and renews body, mind and spirit. To that end, Eastern and Western lifestyle issues related to medicine, philosophy, and spiritual are becoming a mainstay of many spa/wellness experiences. To best deliver this, the wellness spa (located at day, destination, or resort environment) supports guest’ needs by creating an experience, not just a series of treatments. All the guest amenities, treatments, and programs must be seamlessly integrated into a personally tailored guest experience. This experience should be targeted toward couples, parents with children, and teenagers. In the early 1990, spa were considered a natural outgrowth of fitness facilities and focused primarily on treatments related to body wellness. As market sophistication evolved, the body mind connection attracted consumer focus. In the beginning of the twenty- first century, spas and marketers are overtly addressing body, mind, and spirit connections in order to respond to emerging market sensibilities (Rutherford & O’Fallon 2011). Spas as an Operating Department. Historically, spa operations were treated by management similarly to other revenue departments, like catering and restaurants. These departments were simply perceived as an amenity needed to attract guest to the hotel. As long as the department broke even, or didn’t lose too much money, their ability to increase occupancy was deemed sufficient justification for their existence. However, in the late 1990’s, hotel spa followed the path of other operating departments and were transformed from support to profit centres. This trend is strong and continues today (Rutherford & O’Fallon 2011). Spa Trends: On site industry trends Anti-aging treatments and products are driving much of spa menu and retail development. This calls for devoting a treatments room to outpatient medical procedures. Programming and spa menu items include sun damage treatments, chemical skin for renewals, and other rejuvenation techniques that build on repeat procedures. Commensurately, spas are developing retail product lines so that clients can take the spa experience home and continue the wellness regime. Global Industry trends Trends in day, destinations and amenity spas influence each other. According to Susan Ellis (2004), president of Spa Finder, a spa marketing company, after the rise of the medical spa and broadening spa participations by men and teens, spa use is expected to become more popular in the future. Spa Finder’s trends to watch for are: those personal elements that make the spa experience special will find their way into the design of personal living spaces in private homes; private, gated living communities will develop around central spa facilities, much like golf and sly-in communities. Managing visitor’s expectation and experience. Visitor’s expectation of a wellness centre or spa will differ greatly according to which country they come from, their language and their experience of wellness facilities generally. For example, the British or Americans would have a very different understanding of what they would expect to find in spa (i. e. luxury, pampering, and beauty) from a Central or Eastern European (i. e. healing waters, physical health checks, and medical treatments). Information provision and marketing is therefore extremely important in managing visitor expectation. In some cultures, nudity in spa is the norm or even a requirement in some areas (e. g. suanas and steam rooms). This is true of Austria, Germany and some spas in CEE and Scandinavia. However, for some visitors (e. g. American, British, Asians, and Southern Europeans) this can be unexpected and even embarrassing. In some cultures (e. g. Finland and Japan) men are separate from women when using sauna or spa facilities. In other cultures, mixed nudity is accepted. Some nationalities are used to doing activities in groups and are not used to enforced silence (e. . Southern European). This can create a certain amount of tension in countries, where spas and wellness centers are seen as quiet, restful, sometimes even spiritual spaces (especially in sauna and steam rooms) Help may also be needed to guide visitors around spas, as it could be their first visit or rituals and traditions may differ from those in their home country. Language may be a barrier where there is little or no translatio n, especially in countries where language can seem completely unfamiliar (e. g. Finland, Japan, and China). Visitors sometimes have problems knowing which entrance to use if there is more than one, which ticket to buy when there are many options, and might not understand the cloakroom system (e. g. in Hungary, where a cloakroom attendant usually has to be approached for a locker and key) or the new technology (e. g. in Austria when the locker system can be operate using a wristband). Knowing just how long to stay in medical, mineral or thermal waters is not clear to the inexperienced. Even if 20min is the recommended time, bathers need to know how long to rest or whether they should go to a cool shower after. Just a small information panel outside a bath, sauna or steam room can be enough to inform visitors, what the recommended length of time should be. (Smith & Puczko 2009). Atmosphere Creating a relaxing, clean, and pleasant environment is a paramount importance for all wellness facilities, but most especially for spas and spa or wellness hotels, which may also need a touch of luxury (spiritual or holistic tourist may accept more basic facilities). The use of design, colour, lightning, and location of furniture, degree of natural light, greenery, views, music or scents can all contribute to creating a harmonious atmosphere. Certainly, most of these qualities are determined during the planning process. The management may face difficulties when the services and/ or the surrounding environment do not support or accompany each other. These mismatches certainly result in sub-optimal satisfaction and consequently lower the optimal revenue level 9 (Puczko & Smith 2009). Spa Tourism Spa tourism is arguably the best known form of wellness tourism and is sometimes treated as being synonymous with wellness tourism. ISPA (2007) defines spa as ‘places devoted to enhancing overall well-being through a variety of professional services that encourage the renewal of mind, body and spirit’. ISPA also defines the key elements of the spa experience: relax; reflect; revitalize; and rejoice. It is difficult to distinguish between spas and more general forms of wellness (e. g. holistic retreats); however, it also shows clearly the diversity of the spa sector. There are now numerous sub-sectors within spa tourism and it is no longer enough simply to use the label ‘spa’ and assume that tourist will know what to expect. Perceptions differ greatly, for example, tourist in Central and Eastern Europe are very similar with the concept of historic medical spas, whereas other visitors (e. g. from the United States or United Kingdom) with expect something similar to a beauty salon. Spa are now of a highly complex and diverse nature. This diverse nature starts with the name and its likely meanings. Bath, bano, bad, therme/ terme, grotto, spa, kupele, furdo – all mean a thermal water-based spa, in various languages. The translation of the name from the original language often uses the term ‘spa’, but these establishments are not really always spa. Spas may differ widely in terms of what they offer, that is their services or treatment supply, and however, they have one thing in common, which is the aspiration to improve health and well-being. Most spas have some form of water-based treatments; however there is a difference between mineral, thermal, and healing waters: mineral waters; it has at least the set amount of dissolved mineral content which is minimum 500mg/1 or 1000mg/1; thermal waters: natural waters that are at least 30 C or 32 C at source (this can vary country by country); healing waters; the healing affects have to be proven, that is evidence-based. The International Spa Association (ISPA, 2007) has defined the ‘ten domains of SPA’ or segments of the industry as: the waters; food, nourishment, diet, and nutrition; movement, exercise, and fitness; touch, massage, and body work; mind/body/spirit; aesthetics, skin care, natural beauty agents; physical space, climatology, global ecology; social/cultural arts and values, spa culture; management, marketing and operations; time, rhythm, and cycles. Not every spa contains every domain. The rejuvenation of the spa concept has generated several attempts to categorize spas. Since the modern concept of spas were established in the United States, one of the most comprehensive categorizations comes from the International Spa Associations (ISPA, 2007 and the Spafinder Magazine, 2007): club spa; day spa; spa hotel; holistic spa; medical spa; bath; resort spa; sport spa and structured spa.

Celebrities Are The Most Desirable - 999 Words

Celebrities are defined as any, â€Å"well-known or popular person,† and by taking this definition into consideration, we can think of many people who fit into this criterion: including doctors, lawyers, and chefs to just name a few. However, these people are not necessarily considered celebrities. Our society usually considers a â€Å"celebrity† to be an actor, a professional sports player, or a rich person who has a television show about them and their life. Many people see celebrities as role models whom they strive to look like or act like because celebrities have fancy cars and nice houses, or because they get all the girls. Meaning, these are humans who are the most desirable, and many â€Å"normal† people wish they could be like a certain celebrity because of all the fancy stuff they have. But are these really characteristics people want to have, to be rich and famous? 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Carl Sagan And Hospitality The Event Industry Essay

When I first read this assignment I was less than enthused about this paper mainly because I did not think there was any correlation between Carl Sagan and hospitality specifically the event industry. As I began to read the chapters I chose based upon what I thought might be interesting I became more confused due to the scientific terms. I has been over 15 years since I had even really thought about since this way. I became very frustrated with the reading because I was just lost with the UFO’s, religion and scientific theories so I sought out the best person I know who could help me interpret Carl Sagan, my brother who I considered to be the strange one in the family because he is the one that loves science and philosophy which I have no interest in what so ever. Luckily for me, my brother did not take me making fun of him all those years when I was younger to his heart and helped me understand the reading in terms that I understood he explained things to me in the theme par k terminology, the one thing we experienced together that we both understood and enjoyed. With all of this being said my brother and I went into discussion about each chapter where he shared his thought about the reading allowing me to establish my thoughts about the reading, funny thing is I never read the full assignment past reading that we needed to read five chapters. I think in the world today we have lost sight of what science is really about which is finding the facts in order to build a betterShow MoreRelatedThe Demon -haunted World : Science As A Candle2173 Words   |  9 PagesThe Demon –Haunted World: Science as a Candle in the Dark written by Carl Sagan was somewhat difficult for me to understand. Whereas, Mr. Sagan makes it clear how he feels about a litany of topics ranging from worldwide trends towards foolishness, the prevalence of superstition, religion and how religious leaders encourage congregations to believe in miracles. Mr. Sagan draws you in the beginning when he addresses how important intellectual curiosity is to science. He expressed his love of scienceRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesin the International Systems of Law in the Twentieth Century †¢ Jean H. Quataert 116 5 The Impact of the Two World Wars in a Century of Violence †¢ John H. Morrow Jr. 161 6 Locating the United States in Twentieth-Century World History †¢ Carl J. Guarneri 213 7 The Technopolitics of Cold War: Toward a Transregional Perspective †¢ Gabrielle Hecht and Paul N. Edwards 271 8 A Century of Environmental Transitions †¢ Richard P. Tucker 315 About the Contributors †¢ 343 Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesJob 91 4 Emotions and Moods 97 What Are Emotions and Moods? 98 The Basic Emotions 100 †¢ The Basic Moods: Positive and Negative Affect 100 †¢ The Function of Emotions 102 †¢ Sources of Emotions and Moods 103 Emotional Labor 108 Affective Events Theory 110 Emotional Intelligence 112 The Case for EI 113 †¢ The Case Against EI 114 †¢ Emotion Regulation 115 OB Applications of Emotions and Moods 115 Selection 116 †¢ Decision Making 116 †¢ Creativity 116 †¢ Motivation 117 †¢ Leadership 117 †¢ Negotiation

Leadership and Motivation Essay - 2846 Words

Leadership is a process where one person influences a group of others to achieve group or organizational goals- Leadership is thus about motivation. Table of Contents Topic Page Number 1 Executive Summary 3 2 Leadership 3 2.1 Leadership Definition 4 3 The Four Main Phases of Leadership Theory 4 4 Motivation 7 4.1 Motivation Models and Theories 7 5 Motivation and Leadership Styles 8 6 Case Study- Royal Bank of Scotland Group: Motivation and Leadership 10 7 Conclusion 11 References 14 1. Executive Summary This paper is about leadership and motivation. One of the main issues is whether a leader can effectively lead individuals (be they employees or not) without motivating them in way or another. Leadership is†¦show more content†¦Behavioral Here the focus has shifted from the leader to leadership. Two primary dimensions of behavior: task-orientation and follower-orientation. Thus, two types: authoritarian and democratic with differences reside in the focus of power. Productivity is expected to be higher in the democratic dimension. The theory suggests that effective leaders behave differently than less-effective leaders. There is job–centered behavior or initiating-structure behavior as opposed to employee-centered behavior or consideration behavior. Both styles are at ends of a single quantum. The behavior is an interaction of style and expectations. Example: An army officer shows behavior of high levels of conformity and appreciation and respect to the roles and expectations. In contrast to an employee in a research and development unit or a creative studio who strive on creativity and breaking the mould- thinking out of the box. Contingency Such theories are continuation of the situational approach to leadership. In these theories the factor of situation and behavioral aspects are taken into consideration. The leader’s appropriate behavior changes with situation. The favorableness of the situation depends on the leader’s interpretation and point of view. It takes more specific account ofShow MoreRelatedLeadership : Leadership And Motivation1867 Words   |  8 Pages LEADERSHIP BY: BENJAMIN CORONA LEADERSHIP AND MOTIVATION MGMT312 AMERICAN MILITARY UNIVERSITY 2/21/2017 Leadership can be viewed as many different things whether it be a trait, skill, or something that someone may just be born with. One thing for certain is that whether you have this characteristic or not, we will always need leadership figures. Some people are just followers their whole life and don’t get the chance to be leaders. Leaders come in many different forms, approaches andRead MoreLeadership Notes On Leadership And Motivation1314 Words   |  6 PagesModule 2 Leadership Motivation 4th June 2015 Table of Contents Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 2 My Leadership Map †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Page 3 Leadership Practice †¦........†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 3 Leadership v Management ............................................................................................... Page 4 Effective Leadership Characteristics .†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Page 4 Leadership Development ...Read MoreMotivation and Leadership Essay1592 Words   |  7 PagesMotivation and Leadership are intrinsically linked in the fact that one allows an easement in the process of the other. Without the ability to use the mutual relationship of leadership to influence the motivators of followers, leaders stagnate and are limited by their own inability to accomplish all that must be for real change to occur. In less Rostonian terms (that is, based on Rost (1993)), without a motivated group of followers leaders are stranded and not achieving to a level of excellence.Read MoreLeadership Styles and Motivation1140 Words   |  5 PagesRunning Head: JUDGING LEADERS Teresa King Name of Student School Abstract There are 5 major leadership styles for various organizations. A military organization is known for its unbending adherence to order and regimen. This should not be compromised in the exercise of military function. 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Ict and Banking Industry Free Essays

string(107) " It is expected that there will be large additions to the capital base and reserves on the liability side\." A PROJECT REPORT ON THE EFFECT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE EFFECIENCY OF BANKING INDUSTRY (IN UDAIPUR CITY) IN THE PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR MASTER OF BUSINESS ADMINISTRATION (MBA) 2007-2009 PACIFIC INSTITUTE OF MANAGEMENT, UDAIPUR Post Box No. 12, Pratap Nagar Extension, Airport road Udaipur-313003 Ph: 0294-2491340 E mail: pimanagement@rediffmail. om,pimplacement@rediffmail. We will write a custom essay sample on Ict and Banking Industry or any similar topic only for you Order Now com Submitted by: Submitted to: Chanda Joshi Mr. Dhiraj Jain MBA Part-2 Asstt. Professor, PIM ACKNOWLEDGEMENT Industrialists in professional life are likely and keenly aware of their sense of indebtness to many people who have stimulated influenced their intellectual development in ordinarily. The feeling is formally expressed in customary gestures of acknowledgement therefore it seems only right to acknowledgement my gratitude with sense of veneration to the almighty various people helped me to work in systematic smoother manner. I would like to express my profound thanks to all the respondents who were co-operative enough and spared their valuable time in filling up the questionnaire. Words are not in lexicon to express my sincere sense of gratitude for my mentor, elite guide and path Mr. Dhiraj Jain and, Prof. B. P SHARMA (Director, pacific institute of Management) whose valuable guidance instigating encouragement creative thoughts constructive criticism had helped me to accomplish this research work successfully. CHANDA JOSHI PREFACE The explosive growth of information and communication technology (ICT) is swiftly changing the banking industry and stern competition between the increasing numbers of banks has resulted in high investment on ICT. This report discusses the effect of ICT on banking industry (service) in Udaipur city with reference to public and private banks. Two Questionnaires were used to collect data from diverse customers and bank employees separately; the customers and bank employees accept as true that ICT has an effect on banking industry in India. The results of study undoubtedly show the massive impact of ICT on the performance of the banking industry in India. INDEX PARTICULARS DESCRIPTION 1. ACKNOWLEDGEMENT 2. PREFACE 3. EXECUTIVE SUMMARY 4. INTRODUCTION 5. INDUSTRY PROFILE 6. RESEARCH METHODOLOGY 7. DATA INTERPRETATION 8. FINDINGS,CONCLUSIONS . RECOMMENDATIONS 10. QUESTIONNAIRE 11. BIBLIOGRAPHY EXECUTIVE SUMMARY Advances in the banking sector have ushered in an era of multi – product and multi – service being delivered using multiple yet integrated channels. The use of information and communication technology (ICT) is on the increase and encompasses nearly the entire gamut of banking operations. Rising competition and customer expectations have compelled top management implement, and continuously upgrade, agile s calable ICT practices and solutions. The enormity and range of banking services combined with the complexity of integrated and ICT – enabled delivery mechanisms require comprehensive partnerships to be forged between banks and providers of ICT solutions. ICT has a crucial role to play in the financial sector in at least three main areas: improving the range and efficiency of banking services available to customers, lowering costs increasing the efficiency of capital markets, and allowing for more effective regulations of all types of financial markets and related transactions. The use of ICT enables a better delivery of banking services to both depositors and borrowers within a country and between countries. ICT has a central role in the operation of various capital markets such as stock markets, bond markets and foreign exchange markets, and it is intensively used by market organizers, market professionals and investors in this markets. ICT is also an essential tool for supervisory or regulatory bodies of these markets at both national and international levels. This research presents the preliminary findings of a research study to identify the effect of implementation of ICT on the efficiency of banks in Udaipur. The methodology includes the collection of data by the questionnaire survey. Two types of questionnaires are to be prepared for the data collection- One questionnaire has been distributed among the customers to know the efficiency of the banking services by using ICT. The second questionnaire is to be filled by the officials of the banks, which will provide information about the need, importance of the ICT for the efficiency of the bank. Chapter 1 INDUSTRY PROFILE INDUSTRY PROFILE What is banking? Bank may be defined as a financial institution which is engaged in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc. A set of services intended for private customers and characterized by a higher quality than the services offered to retail customers. Based on the notion of tailor-made services, it aims to offer advice on investment, inheritance plans and provide active support for general transactions and the resolution of asset-related problems. The essential function of a bank is to provide services related to the storing of deposits and the extending of credit. Basic function may include Credit collection, Issuer of banking notes, Depositor of money and lending loans. Now a days banking is  not in its  traditional way, with the advancement of technology its focusing  on more  comfort of customer  providing services such as: †¢Online Banking †¢ Investment Banking †¢ Electronic Banking †¢ Internet Banking †¢ PC Banking /Mobile Banking †¢ E-Banking The importance of banking sector is immense in the progress and prosperity of any State or country. INDIAN BANKING INDUSTRY The growth in the Indian Banking Industry has been more qualitative than quantitative and it is expected to remain the same in the coming years. Based on the projections made in the â€Å"India Vision 2020† prepared by the Planning Commission and the Draft 10th Plan, the report forecasts that the pace of expansion in the balance-sheets of banks is likely to decelerate. The total assets of all scheduled commercial banks by end-March 2010 are estimated at Rs 40, 90,000 crores. That will comprise about 65 per cent of GDP at current market prices as compared to 67 per cent in 2002-03. Bank assets are expected to grow at an annual composite rate of 13. 4 per cent during the rest of the decade as against the growth rate of 16. 7 per cent that existed between 1994-95 and 2002-03. It is expected that there will be large additions to the capital base and reserves on the liability side. You read "Ict and Banking Industry" in category "Essay examples" Banks in India can be categorized into non-scheduled banks and scheduled banks. Scheduled banks constitute of commercial banks and co-operative banks. There are about 67,000 branches of Scheduled banks spread across India. During the first phase of financial reforms, there was a nationalization of 14 major banks in 1969. This crucial step led to a shift from Class banking to Mass banking. Since then the growth of the banking industry in India has been a continuous process. The Public Sector Banks (PSBs), which are the base of the Banking sector in India account for more than 78 per cent of the total banking industry assets. Unfortunately they are burdened with excessive Non Performing assets (NPAs), massive manpower and lack of modern technology. On the other hand the Private Sector Banks are making tremendous progress. They are leaders in Internet banking, mobile banking, phone banking, ATMs. As far as foreign banks are concerned they are likely to succeed in the Indian Banking Industry. Indus land Bank was the first private bank to be set up in India. In the Indian Banking Industry some of the Private Sector Banks operating are IDBI Bank, ING Vyasa Bank, SBI Commercial and International Bank Ltd, Dhanalakshmi Bank Ltd,Karur Vysya Bank Ltd, Bank of Rajasthan Ltd etc are some private sector banks. Banks from the Public Sector include Punjab National bank, Vijaya Bank, UCO Bank, Oriental Bank, Allahabad Bank , Andhra Bank etc. ANZ Grindlays Bank, ABN-AMRO Bank, American Express Bank Ltd, Citibank are some of the foreign banks operating in the Indian Banking Industry . CHAPTER-2 INTRODUCTION ————————————————- Meaning of ICT The term â€Å"ICT† describes the use of computer – based technology and the internet to make information and communication service available to a wide rang of users. The term is used broadly to address a range of technologies, including telephones. Central to these is the Internet, which provides the mechanism for transporting data in a number of formats including text, images, sound, and video. Additionally, ICT deals with the application layer, the systems that enable information to be collected and distributed, analyzed, and processed. However, while ICT is generally adaptable to different information. Needs and circumstances, its effectiveness in solving development issues still depends on the content it carries. ————————————————- The New Era The 21st century will bring about an all – embracing convergence of computing, communication, information and knowledge. This will radically change the way we live work and think. The growth of high – speed networks, coupled with the falling cost of computing power, is making possible application under dream of in the past. Voice, data, images, and video may now be transferred around the world in microseconds. This explosion of technology is changing the banking industry from paper and branch banks to’ digitized and networked banking services. It has already changed the internal accounting and management systems of banks. It is now fundamentally changing the delivery systems banks use to interact with their customers. All over the world, banks are still struggling to find a technological solution to meet the challenges of a rapidly changing environment. It is clear that this new technology is changing the banking industry forever. Banks with the ability to invest and integrate information technology will become dominate in the highly competitive global market. Bankers are convinced that investing in IT is critical. Its potential and consequences on the banking industry future is enormous. ————————————————- Technology and Banks Transformation ————————————————- Computers are getting more sophisticated. They have given banks a potential they could only dream about and have given bank customers high expectations. The changes that new technologies have brought to banking are enormous in their impact on officers, employees, and customers of banks. Advances in technology are allowing for delivery of banking products and services more conveniently and effectively then ever before- thus creating new based of competition. Rapid access to critical information and the ability to act quickly and effectively will distinguish the successful banks of the future. The bank gains a vital competitive advantage by having a direct marketing and accountable customer service environment and new, streamlined business processes. Consistent management decision support system provides the bank that competitive edge to forge ahead in the banking market place. ————————————————- ————————————————- Major application: – The advantage accruing from computerization are three-directional – to the customer, to the bank, and to the employee. ————————————————- ———————————————— For the customer ——â €”—————————————- ————————————————- Banks are aware of customer’s need for new services and plan to make them available. It has increased the level of competition and forced them to integrate the new technologies in order to satisfy there customers. They have already developed and implemented a certain number of solutions among them: ————————————————- * ————————————————- Self – inquiry Facility: ————————————————- Facility for logging into specified self – inquiry terminals at the branch to inquire and view the transaction in the account * ————————————————- Remote banking: ————————————————- Remote terminals at the customer site connected to the respective branch through a modem, enabling the customer to make inquires regarding his accounts, on-line, without having to move from is office. * ————————————————- Anytime banking- Anywhere banking : ————————————————- Installation of ATMs which offer non-stop cash withdrawal, remittances inquiry facilities. Networking of computerized branches inter-city and intra-city, will permit customers of these branches, when interconnected, to transact from any of these branches. * ————————————————- Telebanking: ————————————————- 24- Hour service through which enquiries regarding balances and transactions in the account can be made over the phone. ————————————————- Electronic banking : ———â€⠀Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- This enables the bank to provide corporate or high value customers with graphical user interface (GUI) software on a PC, to inquire about their. Financial transaction and accounts, cash transfers, chequebook issue and inquiry on rates without visiting the bank: Moreover, the customer can send LC text and details on bills, and the bank can download the same. The technology used to provide this service is called electronic data interchange (EDI). It used to transmit business transaction in computer – readable from between organization and individuals in a standard format. * ————————————————- As information is centralized and updates are available simultaneously at all places, single – window service become possible, leaving to effective reduction in waiting time. For the bank:- During the last decade, banks applied IT to a wide range of back and front office tasks in addition to a great number of new products. The major advantages for the bank to implement IT are: Availability of a wide range of inquiry facilities, assisting the bank in business development and follow – up. * Immediate replies to customers queries without reference to ledger-keeper as terminals are provide to mangers and chief mangers * Generation of various MIS reports periodical returns on due dates.. * Automatic and prompt c arrying out of standing instructions on due date and generation of reports. * Fast and up-to-date information transfer enabling speedier decisions by interconnecting computerized branches and controlling offices. For the employees – IT has increased this productivity through the followings: * Accurate computing of cumbersome and time – consuming jobs such as balancing and interest calculation on due dates. * Automatic printing of covering schedules, deposit receipts, passbook / pass sheet, freeing the staff from performing these time – consuming jobs, and enabling them to give more attention to the needs of customers. * Signature retrieval facility, assisting in verification of transactions, seating at their on terminal. * Avoidance of duplication of entries due to existence of single – point data entry. A search of the banking literature reveals that banks are moving rapidly to take advantage of recent and new customer service and cost reduction opportunities that new technologies offer. IMPORTANCE OF INFORMATION COMMUNICATION TECHNOLOGY The internet is rapidly becoming the information superhighway of a global electronic marketplace. The rising commercial interests in the internet are especially evident in â€Å"front-end† application such as electronic catalogs, yellow pages, storefronts, malls, and customer support centers. All this application are based on the world wide Web (WWW) – the fastest growing segment of the Internet. Although â€Å"back-end† applications such as electronic data interchange (EDI) are equally important, their adoption has not been as rapid. One major concern is security:: the Internet is generally perceived as not secure enough for transmitting sensitive data such as payments. Upon a closer look, however, this view is not warranted, since technologies such as public key encryption and firewalls address essential security concerns. Moreover, such technologies are already available. The only remaining barrier is the lack of real world users of those technologies. Investing in technology According to a survey conducted by the American Bankers Association, US banks expenditure on information technology grew from $ 16. 3 billion in 1994 to $ 18. 7 billion in 1995 – an increase of 14. 7%, and $ 1 billion more than the same bankers forecasted they would spend in last year’s survey. By 1998, the banks expect to spend $ 21. 2 billion (an increase of 7. 1%) The New Delivery Systems. The increasing cost of building brick-and-mortar branches, decreasing cost of computers, high delivery costs and slow revenue growth force a relook at the conventional delivery systems. Moreover, growing comfort of technology usage by the customer is rapidly fostering usage of non – branch channels for routine transactions. The new strategy changes the focus of the branch from being a high cost transaction center to a provider of a wide range of services like telebanking, customer service kiosks, ATM’s, and remote electronic banking. New Marketing Opportunities As the new technology is so expensive banks need to use the new systems to do more than deliver information and basic services. Banks need the ability to also sell insurance and investment products to get a better return on this investment. Telephone banking can bring financial services to the home or office, especially if they are affordable screen phones. By noticing how much interest the customer expresses, the bank can market stock quotes and insurance quotes. Interactive videos are new technology that banks can make available to the customers to maintain personal contact while still lowering the expenses of delivery service. With an interactive video an expert employee is not needed in each branch. Complex life insurance products, open brokerage accounts, customized product illustrations can be widely available where needed. The interactive videos will be cost effective expertise. The internet is a medium to allow banks to offer products to customers outside the normal customer base of a branch. Banks are aware of the customer’s need for these services and plan to make them available before other sources do. THE EFFECT OF ICT ON BANKS Banks is an unusual firm because it does not produce any object or tangible product, like a farmer producing rice or Cement Companies producing bags of cement. On any business day, a bank receives information, stores information, processed information, and distributes information. A saving deposit is recorded, an entry is made in someone’s account, at the right time interest is added, and the customer is periodically provided with a ummary statement. A loan application is received, a file is started, the application is assessed by a loan officer, and the client is either rejected or provided with a credit. Each of these functions can be handled by hand with ledger and pens or, today, they can be handled entirely by data entry, computers, and information systems. What ICT does for a bank is to make a dramatic reduction in the costs of handling information and in the transaction costs to the bank and customer of handling a deposit or loan. Clearly, this reduction benefits both the bank and its customers. The impact of high transaction costs is even more acute in rural areas and gravely Inhibits access even to basic financial services. Out on-going field work shows that a formal lending rate for a farm loan of, say, 15 percent is not sufficient to switch business away from informal lenders who charge a rate of 40 percent or higher. ICT not only increase the efficiency of bank operations but permits banks to offer a wider array of services such as ATMs, telephonic banking, and computer banking. ICT facilities the deeper penetration of credit card services, thereby expediting business transaction. Behind the scenes an ICT system would permit banks to speed up inter bank check clearing and engage in electronic funds transfer such as direct debiting or salary deposits. A credit bureau would enable banks to obtain accurate and immediate information about a customer’s credit history and rating, thus lowering risks, costs, and interest rates. What is perhaps less well – known, is that ICT dose not merely lower information and transactions costs and improve bank efficiency and services. With the development or proper accounting and reporting standards, an ICT system also improves the ability of bank and capital market regulators to track the information they need to regulate financial markets . ICT can help takes and customs authorities to expedite revenue collections and if properly handled it can greatly reduce the potential for unwarranted side payments. Role of information technology in banking industry I. T. in Banking: 1). Technology has opened up new markets, new products, new services and efficient delivery channels for the banking industry. Online electronics banking, mobile banking and internet banking are just a few examples. 2). Information Technology has also provided banking industry with the wherewithal to deal with the challenges the new economy poses. Information technology has been the cornerstone of recent financial sector reforms aimed at increasing the speed and reliability of financial operations and of initiatives to strengthen the banking sector. 3). The IT revolution has set the stage for unprecedented increase in financial activity across the globe. The progress of technology and the development of world wide networks have significantly reduced the cost of global funds transfer. 4). It is information technology which enables banks in meeting such high expectations of the customers who are more demanding and are also more techno-savvy compared to their counterparts of the yester years. They demand instant, anytime and anywhere banking facilities. 5). IT has been providing solutions to banks to take care of their accounting and back office requirements. This has, however, now given way to large scale usage in services aimed at the customer of the banks. IT also facilitates the introduction of new delivery channels–in the form of Automated Teller Machines, Net Banking, Mobile Banking and the like. Further, IT deployment has assumed such high levels that it is no longer possible for banks to manage their IT implementations on a stand alone basis with IT revolution, banks are increasingly interconnecting their computer systems not only across branches in a city but also to other geographic locations with high-speed network infrastructure, and setting up local area and wide area networks and connecting them to the Internet. As a result, information systems and networks are now exposed to a growing number. Technology Products: (1). Net Banking (2). Credit Card Online (3). One View (4). InstaAlerts (5). Mobile Banking (6). NetSafe (7). e-Monies Electronic Fund Transfer (8). Online Payment of Excise Service Tax (9). Phone Banking (10). Bill Payment (11). Shopping (12). Ticket Booking (13). Railway Ticket Booking through SMS (14). Prepaid Mobile Recharge (15). Smart Money Order (16). Card to Card Funds Transfer (17). Funds Transfer (ECheques) (18). Anywhere Banking (19). Internet Banking (20). Mobile Banking (21). Bank@Home (i) Express Delivery 22). Cash on Tap: (ii) Normal Delivery Chapter 3 RESEARCH METHODOLOGY RESEARCH METHODOLOGY Research in common parlance refers to the search for knowledge. It can also be define as scientific and systematic search for pertinent information on specific topic. In fact, research is an art of scientific investigation research is a voyage of discovery . it is also said to be the pursuit of truth with the help of study , observation , comparison and experiment. The rule of research in several fields of applied economics weather related to business or to economy as a whole, has greatly influenced in modern times. The increasing complex nature of business and government has focused on the use of research in solving problem. According to Kiplinger â€Å"research is a systematic, controlled, empirical and critical investigation of hypothetical propositions about the presumed relation among natural phenomenon. Characteristic of Research : ? Research is a systematic and critical investigation into a Phenomenon ? Research is not a mere compilation, but a purposive investigation. ? It aims at describing, interpreting and explaining a phenomenon. ? It adopts scientific method. ? It is objective and logical. It is based upon the observable experience and empirical evidence. ? It is directed towards finding answers to pertinent question and Solution. Stage in Research Process : ? formulating the research problem ? Choice of research design ? Determining sources of data ? Designing data collection forms ? Determining sampling design and sampling size ? Organizing and conducting the field survey ? Proce ssing and analyzing the collected data ? Preparing the research report RESEARCH OBJECTIVES : Objectives of the proposed study are as under:- 1) To study the effectiveness of ICT in banks of Udaipur city. (2) To study the effect of the ICT on service delivery of banks. RESEARCH DESIGN :- A Research Design specifies the methods and procedures for conducting a particular study. The researcher should specify the approach he intends to use with respect to the proposed study. Broadly speaking Research Designs can be groped in to 3 categories: 1. Exploratory research 2. Descriptive research 3. Casual Research For achieving the research objectives which are already stated clearly, The Descriptive Research method was adopted. SAMPLE SIZE :- It describes how many employees and customers of the bank should be surveyed 25 employees and 25 customers of private as well public banks were surveyed. SAMPLING TECHNIQUE:- Respondents were selected on the basis of convenience sampling in the certain private As well as public banks of Udaipur city SAMPLE UNIT :- For the study two types of samples are to be selected – (a) Customers of the banks (b) Bank Employees TOOLS OF DATA COLLECTION :- The following tools were used for the data collection: 1. Structured questionnaire: By asking the structured questions to the employees and customers by interviewing. . Review of written document: some part of this study was collected from the journals and books. CHAPTER-4 DATA INTERPRETATION Various banks in which these employees are working Various banks in which customers are having their accounts A. FOR THE CUSTOMERS Q. 1 TYPES OF ACCOUNTS? Interpretation: The above graph shows about the types of accounts of the customers in the bank. In it 76% have saving account ,12%of customers are having current 12% 0f customers are having both type of account in the banks. Q. 2 Awareness of the changes due to ICT? Interpretation: The above graph shows the 98% of the customers are aware of the changes due to ICT, but very less ( 2% ) of customers were unaware of it. Q. 4 For last how many years is your bank using ICT? Interpretation: The76% customers respondents their bank using ICT for last 5 above years and 24% of customer said that their bank is using ICT for the 0-5 years. Q. 5 is every department computerized? Interpretation: 92% customers respond that every department is computerized in their bank but very few customers i. e. 8% said that every department is not computerized Q. Do you find any problem while using ICT? Interpretation: The above graph shows that 60% of customers find no difficulty while using ICT, 32% said it is very difficult to understand and 8%% find it difficult to operate. Q . 7 Do you find bank staff co-operating ? Interpretation: 97% of customers said that there bank staff is co-operating but 3% respond negatively. Q. 8 Do you think ICT has improved the service delivery of the bank ? Interpretation: Above graph shows that the 82% of customers were strongly agreed and 18% were agreed that ICT has improved the service delivery of the bank. Q. Are you satisfied with the banking services providing you after using ICT? Interpretation: Above graph shows that the 82% of customers were strongly satisfied, 16% were agreed satisfied but only 2% were dissatisfied with the services providing to them after using ICT. Q. 10 Is any improvement required in this type of services? Interpretation: Above graph shows that the 84% of customers needed improvement in ICT, 16% said that no improvement is required. B. FOR BANK EMPLOYEES Q. 1 Awareness of the changes due to I. C. T. ? Interpretation: The above graph shows that awareness level of the respondents due to the hanges of I. C. T. 100% are aware with the changes due to the I. C. T. in the banks. Q. 2 Is your bank using I. C. T.? Interpretation: The all respondents said that their bank is using information and communication tec hnology. Q. 3 For how long I. C. T. is used in this bank? Interpretation: The Above graph shows about the year of ICT using being used in banks . In it78% of the banks are using ICT from past 0-5 years. After that 22% of the banks are using I. C. T. from past 6-10 year. And no bank has experience to use the I. C. T . more than 11 years. Q. 4 Do you think that implementation of I. C. T. in banks is essential and effective in banks? Interpretation: The above graph shows that the implementation of I. C. T. in banks is very much essential and effective . 66% of employees are strongly agree with it 34% of employees were agree. Q. 5 Has I. C. T. brought positive changes in your way of working? Interpretation: The above graph shows that the information and communication technology has brought very positive changes in the working way of doing job 68% respondents were strongly agree with it but the very least i. e. 2%of respondents were strongly disagree with the statement. Q. 6 Has I. C. T. brought the positive changes in this bank? Interpretation: 68% of employees accepted that I. C. T. has brought positive changes in their bank ,28% were agree with it but 4% of respondents were disagree with fact. Q. 7 Do you face any problem while using I. C. T.? Interpretation: 82% of the employees do not find any difficulty in using the new system. 10% of the employees find the new system difficult to understand . 8% of the employees find difficulty in operating the new system. Q. 8 Has training been provided to the employees to use the new system tech. ? Interpretation: The above graph shows that 42% 0f employees were strongly agree that they got the training to use the new system technology, 36% were agree but 20% were disagree 2% were strongly disagree about the getting of training for using the technology. Q. 9 Has I. C. T. improved the performance of the bank employees ? Interpretation: 66% of respondents were strongly agree that the I. C. T. has improved the performance in their bank, 30% were agree but the rest were disagree with this. Q. 10 Has I. C. T. lead to loss of jobs in banking sector? Interpretation: The above graph shows that 64%0f employees were strongly agree that I. C. T has lead to loss of jobs in banking sector,16% of employees were disagree with the statement. Q. 11 Has I. C. T. affected efficiency in banking services? Interpretation: The above graph shows that 68% 0f employees were strongly agree that I. C. T. has affected the banking services,30% were also agree 2% were disagree with it. CHAPTER- 5 FINDINGS, CONCLUSIONS RECOMMENDATIONS Findings : 1. 66% of the customers respond that they are getting better services after using Information communication technology. 2. It was found that 98% of customers 100% of employees a were of the Changes due to new system technology. 3. It was found that 82% of customers strongly agreed that ICT has improved the Service delivery of the bank. 4. 98% of employees of employees accepted that the information Communication technology has affected the banking service in positive Manner. 5. This was found that because of ICT has lead to the loss of jobs in banking sector. 6. During the study it was found that because of lower network connectivity Employees as well as customers were getting problem in service. . 100% of Employees as well as customers said that the implementation of I. C. T. is essential effective in banks. Conclusion * Banks offering internet-based products and services should have reliable and secure methods to authenticate their customers. * The level of authentication used by the financial institution should be appropriate to the risk associated with those products and services. * Financial insti tution should conduct a risk assessment to identify the types and levels of risk associated with their internet banking application. Where risk assessments indicate that the use of single-factor authentication is inadequate, financial institutions should implement multifactor authentication, layered security, or other controls reasonably calculated to mitigate those risks, the agencies consider single-factor authentication, as the only control mechanism, to be inadequate in the case of high risk transaction involving access to customer information or the movement of funds to other parties. * Most of the customers are satisfied with the services provided by banks. The objective of the study was to find out the effect of information communication Technology on the efficiency of banking sector in certain private as well as public banks, It was to find out how service delivery is effected after using the ICT in banks. * The study concludes that information communication technology plays more significant role in the increasing of the banking efficiency in both, private as well as public sector banks. RECOMMENDATIONS: - ? Raise awareness and promote the concept of information Communication technology among the customers as well as bank Employees. The method of authentication used in a specific internet application Should be appropriate and reasonable, from a business perspective, In light of the reasonably foreseeable risks in that application. ? Conduct training programme once in the month. ? Encourage the use of E-Commerce by providing the better fast Services. ? An effective authentication method should have customer acceptance, Reliable performance, scalability to accommodate growth, and Interoperability with existing systems and future plan . With the growth in electronic banking and commerce, financial Institutions should use reliable methods of originating new customer accounts online. ? Financial institutions should rely on multiple layers of controls to prevent fraud and safeguard customer’s information. ? Recognize the needs of employees while using the ICT. ? should provide the fast regular ICT services so that employees can deliver the fast services customers can gat the better services. ? The daily updating awareness of new changes in ICT must be in Practice. LIMITATIONS ?The research conducted was limited to Udaipur City only. ?Findings of the study are based on the assumption that respondents have Divulged the correct information. ?The study is confined to selected groups of employees customers in banks of Udaipur city. ? Few respondents were so much occupied with their work that they could not Spare time to fill the questionnaire. ?Due to unwillingness of providing any information, the respondents Filled the questionnaire casually which might have affected the conclusion. BIBLIOGRAPHY www. google. com www. rediff. com Kothari. C. R Research methodology; methods techniques Questionnaire – 1 FOR BANK EMPLOYEES Contact Person________________________________________________ Age______ Gender_____ Designation_______ Phone No. _____________ Official Address_______________________________________________ _____________________________________________________________ Q. 1Are you a were of the changes due to information and communication Technology in banking system? Yes [ ] No [ ] Q. 2 Is your Bank using I. C. T.? Yes [ ] No [ ] Q. 3If yes, for how long I. C. T. is used in this bank? 0 – 5 [ ] 6 – 10 [ ] 11 and above [ ] Q. 4Do you think that implementation of ITC is essential and effective for Banking sector? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral Q. 5Has ICT Brought Positive changes in your working way of doing job? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 6Do you think that ICT has brought Positive changes in this bank? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 7What problem do you face while using this new system technology? A) Difficult to operate [ ] B) Difficult to Understand [ ] C) Easy [ ] Q. 8Did you get training to use the new system technology? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 9Do you think ICT has improved the performance of employees in this bank? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q10Do you think ICT has lead to loss of jobs in banking sector? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 11Has ICT affected the productivity / efficiency in Banking services? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 12Is any improvement required? Yes [ ] No [ ] Questionnaire – 2 FOR CUSTOMERS Contact person_________________ Age ____________ Gender__________________ Educational Qualification: Under Graduate Graduate Post Graduate Other specify Q1. What type of Account do you operate? A) Saving [ ] B) Current [ ] C) other specify [ ] Q. 2For how long have you been using this bank? A) 0 – 5 [ ] B) 5 – 10 [ ] C) 10 – 15[ ] 15 and above Q. 3Are you aware of the changes due to information and communication Technology in banking system? A) Yes [ ] B) No [ ] Q. 4For last how many years your bank is using I. C. T.? A) 0 – 5 [ ] B) 5 and Above [ ] Q. 5Is every Department is computerized? A) Yes [ ] B) NO [ ] Q. Do you find any problem while using this new system technology? A) Difficult to operate [ ] B) Difficult to understand [ ] C) Easy [ ] Q. 7Do you find Bank staff co-operating? A) Yes [ ] B) NO [ ] SQ. 8Did you get any help services to use new system technology? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] D) Neutral [ ] Q. 9 Do you think ICT has improved the service delivery of the bank ? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] D) Neutral [ ] Q. 10Are you satisfied with the Banking services providing you after using I. C. T.? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] D) Neutral [ ] Q. 11Do you have account in both public sectors Bank as well as in private sector Bank? A) Yes [ ] B) No [ ] Q. 12if any improvement required? A) Yes [ ] B) No [ ] How to cite Ict and Banking Industry, Essay examples