National Westminster Bank 1. Introduction The purpose of this report is to analyse the case “National Westminster Bank” (David Woodgate and Nigel Slack, 1992), in order to identify any existing and potential problems, then after careful consideration recommend possible courses of action to rectify them. During the review of the organisation described in the case, the key issues will be identified and then related to relevant theory. Analysis will then be made of all relevant factors and
To avoid mistakes, the bank should complete the following tasks. A short message should be sent to customer with the list of documents, An employee should have a checklist at the executive desk, A list of required documents displayed in visible areas within the branch, LCD TVs displaying the available range of products, customer process, TAT for requests There should have a system to receive feedback from the customers in an easy way. It will help the bank to know the customer expectations
My Work Experience I went on work experience for a week in June at Natwest Bank in Bakewell. Natwest is part of a larger organisation called the Royal Bank of Scotland Group. The Royal Bank of Scotland bought Natwest in March 2000 for £21 billion which was the biggest take-over in British banking history. Natwest is a national company and very well known so I felt quite privileged to work for them. Also the Bakewell branch was of a very high standard of service from the checks they get every
Barriers to Entry in Business A barrier to entry is a factor, which dependant on the magnitude of its effect upon a start-up business makes it difficult or impossible to enter a marketplace. These factors could be things such as high start up costs, economies of scale or monopolisation. For example, high start up costs is a barrier to entry as it prevents anyone with low capital from entering that market. 2) Barrier to exit should be considered just as much when entering a market because
passed in December of 1907, and initially required all state banks to adopt the deposit guaranty fund, while national
Report on NatWest Bank and an Analysis of the Banking Industry 1. Introduction This report focuses on NatWest and the industry in which it operates. The purpose of the report is to give a concise but accurate view of how NatWest operates as an organisation and the links between its environment, in this case the banking industry. Company History =============== National Westminster Bank came into being in 1968 when National Provincial Bank and Westminster Bank merged and began
in good faith to the FIU, even if they did not know precisely what the underlying criminal activity was, and regardless of whether illegal activity actually occurred. The Proceeds of Crime Act requires the regulated sector to obtain consent from National Crime Agency (NCA) to undertake future activity of a customer that may constitute a prohibited act. It can a customer withdrawing funds which the institution suspects are proceeds of crime. If suspicion is reported before the transaction, it is
borrower. In Ragunath Prasad v Sarju Prasad , the Privy Council raised a question of whether the lender was in a position to dominate the will of the borrower must first be resolved before determining whether the bargain was unconscionable. In National Westminster Bank plc v Morgan, Lord Scarman referred to Poosathurai case and said that a court could set aside an undervalued transaction as unconscionable if it was shown or could have been presumed to have been obtained by undue influence. The decision
political history. Bibliography http://www.oph.gov.au/exhibitions.asp http://www.act.nationaltrust.org.au/places/oph.html http://www.nationmaster.com/encyclopedia/Parliament_of_Australia National Archives of Australia: Guide number 6 in the series of Research Guides published by the National Archives, “Parliament House 1927 – Records relating to the design, construction and opening of the Provisional Parliament House.”
distinctive features of the Scottish political system, describe the voting behaviour in Scotland and the future constitutional relationship between Scotland and Westminster. The establishment of a common Parliament occurred as a result of the Treaty of Union of union of 1707, whereby the Scots gained political representation at Westminster but were guaranteed that certain features of their administrative system would remain inviolate and Scotland would retain for all time key institutions. The
At the same time, the increasing economy in Britain had an urge to build new public buildings to exhibit national confidence (Sharples, 2004). Flemington (2003:294) takes the view that ‘Greek orders provoked architects to copy them slavishly, particularly on public buildings, where they imparted a monumental air and implicitly linked British and ancient Grecian
methodology that will be used throughout the research process. This involves data gathering which will be primary and secondary. The validity and reliability of the data will also be highlighted. Chapter Four discusses the incentive schemes that the various banks operate and how the employees of the various organisations value these schemes. This chapter analyses these findings. Primary and secondary sources of information and their analysis will be presented. This shows the justification and cases of contradiction
‘’poor’’, in addition to the other elements of exploitation and considerable disadvantageous contracts, allowing the court hinder protection to the deserved. For instance, the doctrine of special disadvantage has been able to protect large corporations, banks and even governmental department; even when against an individual, failure to prove existence of the other elements has hindered relief in England. Although the concept of special disadvantage can be regarded as uncertain, it is vital to note it is
Independence Referendum, 2014." Wikipedia. Wikimedia Foundation, 16 Apr. 2014. Web. 17 Apr. 2014. . Scotland. Scottish Government. Scotland's Future: Your Guide to an Independent Scotland. ScotReferendum,com, n.d. Web. 17 Apr. 2014. . Scotland. Scottish National Party. Vote SNP: 2011 Manifesto. N.p., n.d. Web. 17 Apr. 2014. .
today. Despite these opposing histories, there are many similarities between the two systems, which I intend to discuss. BRITAIN The United Kingdom is a democratic constitutional monarchy, with a system of government often known as the Westminster Model. It has been used as a model of governance in many countries, and undoubtedly indirectly inspired many more. Somewhat unusually, the constitution is unwritten, consisting of conventions along with statutory law and common law, which are
Over a period of time, issues of unjust enrichment have been a part of the law of restitution. This incorporates all the remedies depriving the defendant of a profit instead of granting reimbursement for the loss that the claimant has suffered. The law of restitution liberated itself only after the revolutionary judgement of the House of Lords in Lipkin Gorman v karpanle Ltd. and Woolwich Equitable Building Society v IRC. “The defence of change of position will be available to a defendant who
comes to payment, since a simultaneous exchange of goods for money is not possible. One of the most prevalent payment tools found in international trade is the Letter of Credit (L/C), also known as Documentary Credit (DC). In Harbottle v National Westminster Bank Ltd case, Judge Kerr LJ described its importance as “the life blood of international commerce”. Furthermore, L/Cs are particularly significant in cross-border transactions, as it is served as a payment method in occasions where the seller
What is the role of innovation and or appropriation in the representation of national identity and political ideology? Throughout history, architecture has been employed in the service of politics, as symbols of the state. Architecture is therefore shaped by the national traditions in the pursuit of projects of identity, modernity, power, and prestige. A building is not merely a walled structure, but a metaphor for national ideology as it embodies the civic life of the citizens that it houses, as
action of having a bank account outside of the country of residence. Since its start, offshore banking has become a considerably lucrative business. Many of those who take part in offshore banking are looking for a secure location to place their income or seize the opportunity of having lower taxes. However, there are those who misuse the privilege of a foreign bank and use the business ventures for illegal actions rather than the original purpose of the dealings. Offshore banks seem to have an impartial
Community, Learning and Development (CLD) has played a unique contribution to contemporary society. CLD has been around for a long time however only recently became a recognised integral profession. With societal and political issues influencing CLD policy and planning, ensuring they support all walks of life, with effective community engagement and high participation. There are several different ways in which to define a community; a community can be defined geographically – when people live in