How Do You Think the Problem of Priestless Parishs Should...

Parishes are a common practice in the Catholic Church. They are a division of a diocese which has its own church and members of the clergy. A parish priest is appointed and entrusted with the spiritual care of his parishioners. In 2008, 49,631 parishes in the world had no resident priest or pastor (CARA services. Frequently requested Church statistics). Parishes without a priest can cause great difficulties for people. The role of a priest within a parish is vital; a priest is someone who is there for the sick and the dying, a shoulder to cry in times of need and a priest allows parishioners access to each of the seven sacraments. In recent times the total number of priests has decreased and the average age of serving priests has†¦show more content†¦Their celibacy expresses their complete and total identification with Christ and their commitment to continuing his mission. Surely this preparation phase is enough time for a priest to either see the benefit in celibacy or lack there off for them as an individual. Celibacy is a big sacrifice for anyone to undertake. Married life too has sacrifices - very different sacrifices; however there is no value in saying one is more of a sacrifice than another. Those in a marriage have many sacrifices that may go unrecognized because they are considered normal. For instance, married couples have a commitment to their partners to be faithful, honest, and dedicated to making the relationship successful. For those with children, the commitments and responsibilities are even greater. There are many cultures around the world that do not expect clergy celibacy (Daly, 2009) including Christian denominations who allow ministers/priests to marry. These Churches demonstrate how marriage is compatible with the priestly life. These churches present a great example of how familial responsibilities are compatible with religious commitments. A study of married Evangelical ministers and Roman Catholic priests revealed that there were no significant differences in dimensions of religiosity or commitments to the parish between the celibate and married clergymen (Swenson, 1998). Both are

Army Values Essay - 1376 Words

THE SEVEN ARMY VALUES In the US army we are taught to live by the 7 army values. They are broken down to us in the acronym ‘LDRSHIP’. Loyalty â€Å"Bear true faith and allegiance to the U.S. constitution, the Army, and other soldiers.† Duty â€Å"Fulfill your obligations.† Respect â€Å"Treat people as they should be treated.† Selfless Service â€Å"Put the welfare of the nation, the Army and your subordinates above your own.† Honor â€Å"Live up to the army values.† Integrity â€Å"Do what’s right legally and morally.† and Personal Courage â€Å"Face fear, danger or adversity (physical or moral).† We are all drilled on these 7 army values from day one of basic training. First we commit them to memory. Then we learn to live by them. All 7 values have an impact on each†¦show more content†¦My guess is not to great.How do you think it will go when you ask him to do you a favor such as hey can you clean my weapon so it is clean when SFC Martin inspects them it dont get kicked back? he aint gonna do that for you because you were not loyal to him you have earned nothing in his eyes by screwing him over on the humvee PMCS. Ya give a lil ya get a lil. Duty to me is accomplishing a task that needs to be done regardless the motivation you have, how sick your feelin or how long of a ruck march you had this morning. Whether you love it or hate it the task is there to be done. If one does not fulfill their duties on a regular basis, then those around them have to pick up the slack, and any sense of loyalty begins to become tarnished duty and loyalty are intertwined in private first class Ansons eyes. like i said in the last paragraph when talking about loyalty in order to attain loyalty there are duties that must be completed inorder to seem loyal to another soldier or friend. Everyone wants to be respected. It’s in our nature, but in order to obtain respect, first of all one has to respect oneself. Second, one has to show respect to others in order to gain respect from them. If one doesn’t show respect to someone, that person may often feel blown off and lose respect for you. Respect in my eyes is like a math equation loyalty plus duty equals respect. respect is gained in conducting ones self in a way that others can standShow MoreRelatedArmy Value Loyalty1126 Words   |  5 Pagesessentially take a vow to be faithful to your commitment to the military which includes everything from vowing to be loyal to your unit, leadership, and of course to oneself. Oftentimes though, I have been told by senior enlisted members that the â€Å"new army† is non-argumentatively greatly different than what it used to be. And, typically the junior enlisted will ask why? What is different now than what it used to be back then? What is told to us, is normally a general consensus amongst the senior enlistedRead MoreArmy Values 133350 Words   |  14 PagesThe 7 Army Values; Loyalty, Duty, Respect, Selfless Service, Honor, Integrity, and Personal Courage, are the guiding force in the actions and conduct of every member of the U.S. Army today. Our failure to understand and utilize the moral and ethical guidelines expressed by the Army Values lead to troubled Soldiers and bad leaders. Loyalty Bear true faith and allegiance to the US Constitution, the Army, your unit, and other Soldiers. Be loyal to the nation and its heritage. Loyalty is a two-wayRead MoreThe Army Values Essay3283 Words   |  14 PagesThe Army Values Loyalty Bear true faith and allegiance to the U.S. constitution, the Army, and other soldiers. Be loyal to the nation and its heritage. I define loyalty as the willingness of a person to sacrifice at their own personal expense in order to protect, uphold, defend and edify those persons, ideals and/or things which they cherish most. The amount of loyalty a person feels towards someone or something determines how much they are willing to sacrifice for them. As a soldier, weRead MoreThe Values Of The Us Army1560 Words   |  7 PagesTeam Values Assessment The Values of my Organization The Values identified, manifested and espoused by the US Army are: Loyalty, Duty Respect, Service Stewardship, Honor, Integrity and Personal Courage. These are defined by our US Army as: Loyalty: Bear true faith and allegiance to the U.S. Constitution, the Army, your unit and other Soldiers. Bearing true faith and allegiance is a matter of believing in and devoting yourself to something or someone. A loyal Soldier is one who supports theRead MoreEssay on british army Values and standards1839 Words   |  8 PagesAC 63812 A British Soldier’s Values and Standards V A L U E S A N D S T A N D A R D S O F T H E B R I T I S H A R M Y FOREWORD BY THE HEAD OF THE ARMY Humans are naturally team players, we all seek the company of others and like to share our experiences. The British Army is the ultimate team. It has an excellent reputation across the World, which is built on trust. A lot is expected of you as a British Soldier; you will be required to serve in dangerous places, risk your life for your teammatesRead MoreEssay The 7 Army Values and Malingering1450 Words   |  6 PagesThe seven Army values are the backbone of the United States Army. They are broken down to us in the acronym ‘LDRSHIP’. Loyalty, â€Å"Bear true faith and allegiance to the U.S. constitution, the Army, and other soldiers.† Duty, â€Å"Fulfill your obligations.† Respect, â€Å"Treat people as they should be treated.† Selfless Service, â€Å"Put the welfare of the nation, the Army and your subordinates above your own.† Honor, â€Å"Live up to the army values.† Integrity, â€Å"Do what’s right legally and morally.† and PersonalRead MoreTHE SEVEN ARMY VALUES Essay1827 Words   |  8 PagesUnited States Army we are taught to live by the Seven Army Values. They are broken down to us in the acronym ‘LDRSHIP’ which is short for Loyalty, Duty, Respect, Selfless Service, Honor, Inte grity and Personal Courage. We are all taught these 7 Army values repeatedly from day one in the United States Army. First we memorize these values. Then we are trained to live by them. All of these 7 values coincide with each other, and play an important roll in our Army lives. These 7 Army Values also play wellRead MoreValue Chain Analysis-Army Recruiting Company1817 Words   |  8 PagesValue Chain Analysis: Army Recruiting Company Foundation for Business intelligence Before he passed away in 1999, satirical novelist, Joseph Heller, wrote in his book Catch-22, â€Å"I had examined myself pretty thoroughly and discovered that I was unfit for military service† (Heller, 282). While in this instance, the individual was missing a leg and therefore not eligible for service, this quote has been used at times by those that have a fear or misunderstanding of the United StatesRead MoreTenets Of The Army Values With Empathy, A Warrior Ethos And Discipline888 Words   |  4 PagesConsistently represent and display the tenets of the Army Values with empathy, a Warrior Ethos and discipline. Integrate loyalty to the Army and ASG-KU and respect to people within my synchronization efforts of requirements development and contracting to support ASG-KU organic units, tenant units and other designated organizations within the ASG-KU AO. Establish objectives within the OCS Cell aligned with integrity, trust, and conscientiousness resulting in legal and moral c ontractual processes and

Red Bull Free Essays

Q1. How will you characterize Red Bull’s overall global marketing strategy? Red Bull has built an image as a trendy energy drink, catering to young adults and young professionals between the age groups of (16-29) years. It also targets young club-goers and private parties in order to spread its picture as a stylish drink. We will write a custom essay sample on Red Bull or any similar topic only for you Order Now It also believes that it is not just selling a beverage, but instead it is selling a ‘way of life’. Red Bull also uses a catchy slogan as ‘Red Bull gives you wings’. These non –traditional marketing strategies of Red Bull are not unique to any market. The term ‘Glocal’ means to market globally, yet tailor the ‘message’ to appeal to local tastes. Red Bull does not follow a Glocal Marketing Strategy, as it does not alter the marketing techniques to any particular country. In all the markets, they cater to the same crowd and use the same pricing, distribution and advertising methods. Red Bull only offers its product in one size (250ml) cans, and design all over the world. Businesses that use global marketing embark on the same product, same marketing techniques and even the same brand names and packaging in all markets. Red Bull believes in marketing its product with one brand image all over the world. Hence, I can characterize Red Bull’s overall marketing strategy as ‘Global’. In addition, Red Bull does not use local marketing strategies as they do not conform to local considerations. Example Red Bull offers only two varieties in all the countries irrespective of the local demand or taste for a new variant. It also uses the same marketing campaigns of ‘buzz marketing’ or word-of-mouth in all the countries, irrespective of the nature of market in a particular country. Q.2 Argue for the most relevant segmentation criteria to be used in the International Marketing Selection process. The International Market Selection Process is a very complex process of foreign market screening that considers many factors. For a product like Red Bull, the size and per capita income of its target market is the most important criteria used in International Market Selection. Red Bull’s target market is young adults and young professional (aged 16-22). If the number of people in this age – group form a small fragment of the country’s overall population, then entering such a market would be risky and not profitable enough. Red Bull has built a brand image of a youthful energy drink and hence it can be successful only in markets that have a large number of young people. Red bull has dominated the energy market for a decade now. Its popularity and stylish design has allowed it to be charged at a premium price. Red Bull is a stylish and vibrant energy drink that is priced at least five times higher than the ordinary soft drink. Red Bull strongly believes that it offers its consumers something more than a beverage; it believes that it offers them a ‘way of life.’ It provides its consumers with energy and related brainpower to make the most of their time. Due to all of the above reasons, Red Bull can afford to price itself at such a high price. Therefore, it is important that Red Bull chooses those markets where the people have the financial capacity to purchase their product Q3. Which changes would you suggest for Red Bull’s future global marketing mix, in order to meet the future challenges? After seeing the success that Red Bull has got in the energy drinks market, new brands are entering this market. Hence, it is essential for Red Bull to make certain changes in its marketing, production and distribution strategies. Red Bull offers only one product with two flavor varieties. The new age consumers want variety hence; Red Bull should launch a new flavor depending on local taste. Also, Red Bull currently offers only one packaging size, it can introduce 1 litre Red Bull bottles that will be beneficial for the Clubs owners in terms of Raw Material costs and Red Bull in terms of Manufacturing costs. Red Bull’s pricing strategy has been beneficial to the company however, they should lower their prices a little in order to gain more consumers in certain markets. The marketing strategies of Red Bull are highly global. They do not alter their strategies according to local considerations. In order to gain an edge in this competitive global market it is essential for Red Bull to start taking local demands and tastes into consideration. Red Bull’s distribution strategy targets small retailers and distributors that spread the brand name through word of mouth to local consumers. They also use college students to help distribute the product. One thing that they can do in order to improve their product placement is start Red Bull kiosks. This can also act as a marketing tool. Red Bull uses non- traditional and out of the promotion techniques. They spend 30% of their revenue on marketing and promotion. I believe that their unique marketing techniques have worked for them and they should continue with them even in the future. Q.4 Red Bull is available in large cities in India across super markets, restaurants and bars. Evaluate the opportunities for market expansion in India. Red Bull has already targeted the right market in India i.e. young adults and professionals. Hence, in order to expand in India Red Bull needs to find new ways of attracting this crowd. Red Bull is priced at a high rate, youngsters get a fixed budget every month and cannot afford to spend so much regularly on an energy drink. Hence, Red Bull should be made available in college cafeterias at subsidized rates. In addition, Red Bull should be made available at call centers and night offices as a more energetic substitute to coffee. Red Bull contains less amount of caffeine than the amount of caffeine in a coffee cup. This information can be used to promote Red Bull over coffee. India has a large number of cheaper substitutes of energy drinks, therefore in order to tap the huge market share of India it is advisable that Red Bull reduce its prices for the Indian Market. Another strategy that Red Bull can use to expand in the Indian Market is to carter to the larger number of truck drivers that India has. Red Bull originally cartered to provide energy to truck drivers. It can start following the same strategy in order to increase its consumer base in India. It can start by making Red Bull available at highway dhabbas, and shops. However, in order to carter to the truck drivers Red Bull would need to slash its prices, until that is done this strategy will not work. Thus by following the above mentioned ways Red Bull can build a stronger and larger consumer base in India. How to cite Red Bull, Essay examples Red Bull Free Essays Target market Red Bull was one of the first Energy Drink. It gave energy to people who want to be physically and mentally fit from 1982. As the company reported, in 2011 red bull had sold 4. We will write a custom essay sample on Red Bull or any similar topic only for you Order Now 631 billion cans over the world with 11. 4 per cent increase of 2011. In selling, profits and productivity the data illustrated were the highest one of the company. (www. redbull. com) Moreover, as figure1 illustrated, Red Bull is the most popular energy drink brand all over the world from 2006 to 2012. Clearly target market is one of the most significant reasons for the Red Bull’s success. As the company’s slogan says, â€Å"Red Bull gives you wings†. Red Bull gave wings from the beginning and spread its wings quickly over the world. Until 2011, Red Bull was available in 164 countries. (www. redbull. com) Therefore, it is not necessary for Red Bull to set segmentations by geographic or geodemograhic. Besides, Red Bull is improved for people to create a clearly mind, dynamic performance and an active lifestyle. In other words, Red Bull helps people to be active physically and psychologically and have a zest life. Therefore it is also not useful for Red Bull to set segmentation by profile or psychographic. Red Bull is a drink to supply energy and increase endurance which could struggle for the physical or mental tired. It helps people to meet the challenges of everyday life such as work, drive, study and sports. (www. redbull. com) According to the text book, the definition of behavioural segmentation is the segmentation which slices consumers on the basis of how they act towards, feel about or use a product. Solomon, et al,2009) Consequently, the best way for Red Bull to set the target market is behavioral segmentation. Red Bull becomes increasingly important in people’s lives when they are working, studying, doing sports and driving. Workers and students are the most significant parts of Red Bull’s target market. Red Bull can make students and workers’ mind clearly. For students all over the world the Red Bull is as important as the pencils and paper. It makes students c oncentrate and perform well. And it provides students enough energy to the leisure time as well. It is essential for someone who works hard and pursues better performance. Sport is Red Bull’s main point. Red Bull supports about 500 professional athletes over the world. It makes sportsman physically and mentally fit. Red Bull provides the athletes a convenient way to improve their endurance, concentration and speed. (www. redbull. com) Drivers are the other large parts of the target market. According to the research from psychopharmacologist Dr. Joris Verster and his colleagues of Utrecht University, Red Bull can reduce driver sleepiness and improve driving performance. Joris Verster, 2010) | Red Bull enhances concentration, reaction speed and vigilance. Red Bull also focuses on the customer who plays video games, goes out day and night. In short, the target market of Red Bull is the customer who needs more energy physically and mentally. Figure1: Top Selling Energy Drink Brands 2006-2012 (Bevnet, 2012) Reference: Bevnet, 2012, Top Selling Energy Drink Brands 2006-2012, ht tp://www. energyfiend. com/the-15-top-energy-drink-brands marketing management†¦. Red Bull, , www. redbull. com Joris Verster, SAFE DRIVING STUDY, access at Springerlink. com. How to cite Red Bull, Papers Red Bull Free Essays Could It position the product in other ways? The product of red bull was set-up to market within energy drinks, the notions of market segmentation, targeting and positioning are key to the success of firms’ marketing efforts has concentrated on building relationship based on partnerships with sporting events and Iconic athletes . The target customers are around athletes , teenagers, students, drivers, clubbers, young business people and farmers. The marketing strategies can position the red bull in other ways, it was sponsored extreme sports events before, such as traditional television marketing program, radio r pop stars advertising, event marketing in sports and competition, organized public lecture, sent the sample to the sports company with free cases of its energy drink and encouraged them to throw a party. We will write a custom essay sample on Red Bull or any similar topic only for you Order Now We also have lots of promotion to popularize; this can be changed values and needs of each target consumer. The lovely packages can be attracted the female customers. Besides, it can be promoted some limited edition of packages for different cities. Such as, it can be found celebrity endorsement and designed the packages with the photos of celebrities which can increase the sales. Red Bull can be created a new line which has extra caffeine. The new products can provide people more powerful than the original version and the cans can be increased the capacity from mall to mall with the same price. This new version of extra caffeine can be promoted to the long-time workers. Red Bull improves performance, especially during times of increased stress or strain, increases concentration and improves reaction speed and stimulates metabolism. Also, Red Bull can be created a new flavor which is cocktail favor and can be used as a very nice mixer with alcohol. It is very convenient for the people who love going to party or clubbing. Red Bull can be created a new product which not only for energy drinks. It could be a food like a power bar or candy. They can use a â€Å"Word of mouth† strategy. How to cite Red Bull, Papers

Credit Risk Management Lending Disasters

Question: Discuss about the Credit Risk Management for Lending Disasters. Answer: Introduction As a senior auditor in the firm of EA Partners, I would like to select Barclays Plc. in order to prepare a risk assessment report. Barclays is a banking firm that operates in the credit cards, retail, wholesale, mortgage lending, wealth management and investment banking sectors (Barclays PLC ADR. 2016). Along with this, the report would be helpful to represent the broad scope of risk in an effective way. The report would also be helpful to illustrate main financial risks faced by the firm. Moreover, the report would also be beneficial to develop control elements to mitigate the impact of risks in an effective way. Overall, this report will provide a complete assessment of risk exposure of Barclays Plc. Inherent Key Financial Risks The current business environment is very risky due to the increased volatility, unpredictability, and complexities. Moreover, business risks are increasing on the regular basis. The major inherent financial risks of Barclays are as below: Credit Risk: Credit risk is the risk that generates due to the failure of business debtors to fulfill their contractual obligations and to pay the credit. Barclays also faces credit risk because of its clients, customers, debtors, and market counterparties are not succeed to honor their financial obligations in a specific time period. On the other hand, it should be noted down that Barclays provide advanced credit facilities to its customers (Amiti Weinstein, 2011). On the basis of the financial data of the firm, it should be noted down that, in the financial year 2015, the firm has provided loan of 2.11 billion to its customers. This may create credit risk to the organization (Barclays PLC ADR. 2016). On the other hand, the firm is also obliged to monitor that advanced credit provided by Barclays will not be defaulted by its clients. Moreover, loans and advance credit provided by Barclays are the major source of credit risk to the business. Apart from this, debt securities, inter-bank loans, reverse repurchase loans, loan commitments and settlement balances with parties are also considered the major sources of credit risk to the company. Liquidity Risk: Liquidity risk is a risk that occurs when a corporation faces trouble to sell its assets to offer capital in order to meet its short-term financial obligations in an effective and a significant way. Along with this, Barclays also faces liquidity risk because of the cash provided by the firm defaulted by its customers as well as counterparties. Moreover, it should also be noted down that, Barclays provides advanced credit to its clients and this excessive cash outflow becomes the major reason of illiquidity risk to the company (Johnstone, Gramling Rittenberg, 2015). On the basis of the financial data of the firm, it should be noted down that, in the financial year 2015, Barclays has 1.06 trillion as liabilities to pay, that may create liability risk to the organization (Barclays PLC ADR. 2016). On the other hand, asset sales as well as high costs of raising funds also make a reduction in the balance sheet of the firm that also creates liquidity risk to the organization. Apart from this, illiquid markets force the firm to hold its financial assets because of this would be beneficial for the firm in order to reduce liquidity risks in an effective and a more comprehensive manner. Foreign Exchange Risk/Market Risk: Foreign exchange risk or market risk is a type of risk that occurs due to adverse movements in foreign exchange markets or rates. Along with this, this type of risk confiscates the potential profits as well as asset value of a firm that operates in the international market. This is also an inherent risk to Barclays. It is because of interest rates, inflation rates, foreign exchange levels, commodity prices, and equity bond prices influence the business as well as operational activities of the organization (Huang, Zhou Zhu, 2009). In this way, it can be said that, the above discussed are the major inherent risks that have an impact on the overall performance, productivity, profitability, market position and market share of the organization. Control Elements/Strategies to Mitigation Risk It is true that each and every business firm has some inherent risks that are dangerous for the growth and success of the organizations. Moreover, business firms adopt and implement numerous effective strategies in order to reduce the negative impacts of these inherent risks in an effective way (Colquitt, 2007). Along with this, the major control elements or strategies that Barclays may adopt and implement to mitigate the impact of inherent risks are described as below: Credit Risk Credit default swaps and credit linked note are two major strategies that are helpful to mitigate credit risk to the company. Credit Default Swaps: This strategy permits a customer to acquire a contract and to make regular payments to the seller. The CDS strategy also works as a speculative strategy. As per this strategy, the buyer is obliged to pay to the seller (Chaumont, 2013). The buyer would also be unable to hold the payment of the seller. Credit Linked Note: This strategy is helpful to reduce credit risk exposures to the corporation. The CLN strategy also permits investors to accept higher returns if there is a situation of any risk (Pickett, 2006). Moreover, the CLN presents a hedge for borrowers in opposition to explicit risks. Liquidity Risk The major strategies that are helpful to mitigate liquidity risk are internal pricing incentives and liquidity limits. Internal Pricing Incentives: Barclays can manage its liabilities by transferring the liquidity premiums in the internal business units in a direct way (Gray Manson, 2007). Moreover, these types of transfers are helpful to make sure that liquidity risk management framework of the firm is well designed to reduce the liquidity risk of the firm in an effective way. Liquidity Limits: The firm must develop a liquidity risk management framework in order to set liquidity limits of the firms. This framework takes help of assets and liabilities to set the liquidity limits in an effective and an appropriate manner (Mistrulli, 2011). Foreign Exchange/Market Risk Barclays may adopt and implement the below given strategies to mitigate the market risk/foreign exchange risk in an effective way. Forward Rate Agreements: The FRA permits a party to forfeit a fixed interest rate and also get a floating rate that is equal to the pre-determined date of contract (Huang, Zhou Zhu, 2009). Forwards Contract: Barclays would be able to determine the value of transaction, the exercise exchange date, and payment procedure in advance. Money Market Operation: Barclays should perform all its business and operational activities as per the pre-determined rules regulations of the money market. Moreover, if Barclays will follow all the guidelines then it will be able to reduce the market risk or foreign risk in a proper way (Pritchard, 2010). Interest Rate Swaps: This is an agreement between parties to swap a set of future cash flows. Moreover, with the help of this, Barclays may make agreements with its counterparties in order to escape itself from the interest rate exposures. Conclusion The above risk assessment report of the firm has demonstrated the major areas in which Barclays have need of effective risk management. Along with this, the risk assessment report of firm has described different components of risk assessment process as well as risks exposures. For that reason, it is suggested that Barclays should develop effective risk management to mitigate the risks in an appropriate way. References Amiti, M., Weinstein, D. E. (2011). Exports and financial shocks. The Quarterly Journal of Economics, 126 (4), 1841-1877. Barclays PLC ADR. (2016). Annual Financials for Barclays PLC ADR. Retrieved From: https://www.marketwatch.com/investing/stock/bcs/financials/balance-sheet Chaumont, M. (2013). The risk-based audit approach: Auditing. Germany: GRIN Verlag. Colquitt, J. (2007). Credit Risk Management: How to Avoid Lending Disasters and Maximize Earnings. New York: McGraw-Hill. Gray, I., Manson, S. (2007). The Audit Process: Principles, Practice and Cases. Australia: Cengage Learning EMEA. Huang, X., Zhou, H., Zhu, H. (2009). A framework for assessing the systemic risk of major financial institutions. Journal of Banking Finance, 33(11), 2036-2049. Johnstone, K., Gramling, A., Rittenberg, L.E. (2015). Auditing: A Risk Based-Approach to Conducting a Quality Audit. USA: Cengage Learning. Mistrulli, P. E. (2011). Assessing financial contagion in the interbank market: Maximum entropy versus observed interbank lending patterns. Journal of Banking Finance, 35 (5), 1114-1127. Pickett, K.H.S. (2006). Audit Planning: A Risk-Based Approach. USA: John Wiley Sons. Pritchard, C. L. (2010). Risk Management: Concepts and Guidance 4th edition. Australia: Taylor Francis.