In this essay I am going to be explaining the difference between both equity and equality, and I will also say what both words mean. Equity and equality are very similar but very different from each other. Both words are very detailed and have very strong meanings from each other. These definitions could be very a like but it could mean something very different. Equity means that you are being very fair to your surroundings like your peers and others....
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The state of sport in Australia has progressed much faster than many countries around the world. Gender equity is well on its way to being a major factor that influences Australian sport. The current situation with gender equity is that most women’s sport teams are not getting the recognition and/or support they need. To be able to be as successful as male sport teams, the women’s team need equal pay, funding, resources and airtime (includes advertisments and tv shows) Over...
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Many have classified our current geological epoch as the Anthropocene, an era in which humans now act as the primary creators of geological change (Allen et al., 2018). This concept is captured in human-induced climate change; since the invention of agriculture and rapidly following the industrial revolution, we have altered our planet, and the consequences are presenting themselves more clearly now than ever. Therefore, the greatest humanitarian and existential threat to our societies has brought about ethical issues when it...
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Abstract With the invention of the Internet, the rise of technology and bring your own devices, it has revolutionized the human society forever in terms of creating a new environment to do existing activities in a more efficient way. Realising the importance of this, banks have also made their presence online, giving their clients’ the ability to monitor their assets and conduct transactions via mobile banking applications anywhere, anytime as long as the Internet is present. Almost every shop, every...
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In 2012, an elderly Muslim woman who lives in Canberra, Australia had left will after her death for her three sons and half shares to her five daughters. One of her daughters, Fatma Omari fought for a bigger share in court claiming that her mother has dementia upon writing her will and ultimately won the case. Unfortunately, this case had sparked a misconception among the community in Australia that Islamic law of inheritance is unfair for women. In the Quran,...
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When is equity achieved? According to the Portland Plan Progress Report, it is “when identity such as race, ethnicity, gender, disability, or sexual orientation has no detrimental effect on the distribution of resources, opportunities, and outcomes for group.” (Sustainability, 2017). Regions with greater inclusion and smaller racial income gaps attain more economic growth, yet most communities of color in the Portland metropolitan region experience the worst economic and social disparities (Metro, 2016b). Portland’s racial equity journey started with the Portland...
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Introduction As in the case study that Mr. Raj has recently graduated and got placed in a private sector bank and is unaware of the banking sector and its operations. Being his reporting manager, you need to brief him with the Principles of lending and need to explain him in details. Lending in its most general sense is the temporary giving of money or property to another person with the expectation that it will be repaid. In a business and...
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Beneficial State bank found in California is a community development bank. It was founded by Tom Steyer and Kat Taylor man and wife and the operation was started in the year 2007. The man aim of opening the bank was to providing entrance to financial services for all peoples, particularly the by tradition the underserved, as a considerable number of the population living around the area by then were living below poverty line. For the last four years the bank...
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Equity - the quality of being fair and impartial. Equality - the state if being equal especially in status, rights, and opportunities. To elaborate on the differences between the two, equity means fairness, but not necessarily meaning it is equal. For example, there are three guys. An eight year old, fifteen year old and a 45 year old. They all want to look over the fence to watch the dogs play in the field. There are three crates. To have...
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Enron Corporation - one of the largest energy-based companies in America, eventually fell into the abyss of bankruptcy in the year 2001. The dramatic rise to power by Enron to later facing a dizzying fall shook the Wallstreet and affected thousands of people. This failure has been majorly been attributed to the unethical practices of the senior management. However, further examination of the case reveals ethical shortcomings in multiple corporate aspects discussed below. Enron is the classic case of overlooking...
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We frequently say about great kings and bad queens, big empires and evil empires., powerful presidents, and weekend presidents. However, what about great cooperations and bad corporations? Ethical position in corporate America is even as important as moral leaders in the political situation. Ethical standard is “Principles, that when followed, promote values such as trust, good behavior, fairness, and kindness.” Not all companies adhere to this standard, they have their own system in place. However, some companies break or do...
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Social justice is the principle of being fairly treated with the distribution between wealth, opportunities and privileges in society. The idea of inclusivity of diversity and being supportive of all different people and their circumstance. There are three different principles of social justice. This is to ensure all people are provided sufficient resources and to empower them to improve or have better health. Equity is the first principle where the concept is of everybody having a fair allocation of resources...
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Some organizations approach the issue of underperformance with rebuilding positions or moving workers. Another methodology is to terminate laborers with no renewed opportunities or support from the association. Enron put stock in rebuffing the most minimal fifteen to twenty percent with rejection, a demonstration that was overseen by friend audits. Hence, the way of life of Enron was one of doubt and suspicion. Companion audits caused question and the board could escape with numerous deceptive practices with practically zero dread...
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Banking industry is growing dominantly over the other industry in Bangladesh. Among the all financial service industry, this banking industry contributes more than 80% of its total contribution to GDP. However, in Bangladesh, there are 59 scheduled banks. Among these, six (6) are state owned commercial banks, three (3) specialized banks, forty one (41) are commercial banks and nine (9) are foreign commercial banks. Like all other industry around the world, employees are one of the fundamental key resources for...
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ABSTRACT With the success of the Bad bank concept in European and western countries it grabs the attention of global economies and becomes the most preferable solution for the Non-performing loans. Now Due to COVID 19 Pandemic Indian government also thinking of implementing Bad bank concept but is not easy as it seems in paper because there is no standard and uniform structure for bad bank. Different countries followed variety of methods which are suitable to their environment. This paper...
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Enron's breakdown before, Enron was one of the world's significant power, gaseous petrol, correspondence, administrations, and paper organizations. It is a fact that Enron was one of America's most imaginative organizations in the previous six successive years. Until 2001, it guaranteed that it had about $101 billion in income. Be that as it may, Enron Company declared its breakdown on December 2, 2001. To be completely forthright, it was the greatest chapter 11 in U.S. history. In the general population,...
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Singapore become the one of the world’s largest financial centers that provide a variety of products and services. This country also have created one of the most advanced banking system in the world. The banking sector is involved in a wide range of financial services including traditional lending and taking deposit as well as corporate and investment banking activities. Most of the bank in Singapore have different types of client which is consist of individuals, corporations or government agencies. All...
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