Saturday, February 29, 2020

Asch Conformity Experment

Asch Conformity Experment Essay The Asch Paradigm Majority Influence Introduction In this essay i will discuss the experiment that Solomon Asch’s conducted in (1950) were his main was aim was to discover how majority influence can affect one individual judgment and how pressure from the majority can pressurise one person to Conform, I will also evaluate his research method, the results and the findings he attained. Aim S Solomon Asch’s had disapproved of the Conformity experiment conducted by Muzzafer Sherriff as Asch had felt that sheriffs visual illusion known as the auto kinnect didn’t really show any results of conformity as the participants were asked to take part in an ambiguous task were they were just asked to point out how far the a light travelled in a dark room, Asch believed that Sherrifs experiment clearly had no right or wrong answer so it was impossible for the experiment to show any results of conformity in a group situation. Asch figured the only way to measure the rates of conformity was to place an individual in a group situation were they would be influenced by the majority even if they knew their group was giving incorrect answers on a task that was ambiguous and obviously correct. The Method (laboratory experiment) Asch Conformity Experment. (2018, Oct 30).

Thursday, February 13, 2020

Bank of America Corporation Research Paper Example | Topics and Well Written Essays - 26000 words

Bank of America Corporation - Research Paper Example For this report, Bank of America may be referred to as â€Å"BofA† and other identifying names for the financial institution. Bank of America and its subsidiaries serves individual consumers, small and middle market businesses, large corporations, and governments. The firm offers a full range of banking, investing, asset management, and other financial and risk management products and services. Bank of America provides services through its subsidiaries (banks) and nonbanking subsidiaries around the world through six primary business segments: Deposits, Global Card Services, Home Loans & Insurance, Global Commercial Banking, Global Banking & Markets (GBAM), and Global Wealth & Investment Management (GWIM). As of December 31, 2010 Bank of America had approximately $2.3 trillion in assets and approximately 288,000 full-time employees. The bank serves approximately 57 million consumers in 5,900 banks, 18,000 ATMs, a network of national call centers, and through online and mobile b anking platforms. Bank of America has over 80% of the domestic banking market and operates in more than 40 countries around the world. On January 1, 2009, Bank of America acquired Merrill Lynch & Co., Inc. (Merrill Lynch) as a result the Bank of America became one of the largest wealth management businesses in the world with nearly 17,000 wealth advisors, an additional 3,000 investment advisors, and more than $2.2 trillion in client assets. The company has the No. 1 market share of U.S. retail deposits, is the No. 1 issuer of debit cards in the United States, No. 2 in credit card products in United States, and the No. 1 credit card issuer in Europe. Bank of America Home Loans is the No. 1 residential mortgage servicer and the No. 2 residential mortgage loan originator in the United States with 5,300 mortgage loan officers nationwide. Mission and Vision Mission Statement: The Mission Statement is the foundational philosophy and principles that a company is built on. The Statement usu ally reflects the values and beliefs of the founder(s) of the company. Over time the founding statement may change due to evolution of the company, however the essence of the original values still permeate through the modern day statement of mission for the company. Finding Bank of America’s mission statement was marred in a number of non-descriptive statements, fundamentally the stated mission is to be the â€Å"World’s Most Admired Company† (Bank of America â€Å"Executive Summary 1). Coupled with the philosophy which states â€Å" We believe very simply that it is the action of individuals working together that build strong communities and that business has an obligation to support those acts in the communities it serves† the bank is describing itself and its purpose for existing (Bank of America â€Å"Executive Summary 2). Notably, another statement reflects Bank of America’s commitment to consumers and acknowledges the responsibility of bein g supportive of customer needs and goals. Our mission is to provide you with an outstanding member/Customer benefit that helps you meet your organization's objectives. We work very hard to understand your objectives, then create a program that can help you meet them. Whether you want to attract new members, retain existing ones, drive incremental sales, or reinforce member or brand loyalty, we will work with you to help you achieve those goals. (Bank of America â€Å"Executive Summary† 1) The bank’s philosophy is: The company slogan is â€Å"Changing the Way You Do Business† (Bank of America â€Å"Executive Summary 2). Theoretically, the underlying motivation of the company’s can be seen in the philosophy. The slogan is a clear offshoot of

Saturday, February 1, 2020

Terrorist Techniques - Strategy Assignment Example | Topics and Well Written Essays - 500 words

Terrorist Techniques - Strategy - Assignment Example Therefore, based on the terrorist scenarios, the most applicable and relevant objectives are attrition and threat elimination. Terrorist groups use attrition against a state in an attempt to destroy its resources, leaving the government weak and ineffective. Specifically, this motive is aimed at liberating a territory from the control of the state or acquiring a particular position within the society either politically or geographically (Kydd & Walter,  2006). In particular, attrition is a war based on longevity and the team with the most resources to assume the costs of attacks wins. The conflict between Sri Lanka and the terror group Liberation Tigers of Tamil Eelam (LTTE) utilized this strategy. Specifically, throughout the year 2000, the LTTE employed the attrition war model to suppress and weaken the government with a series of attack on the government, the public, and the military (Kydd & Walter,  2006). However, the application of this strategy by the Tamil Tigers was due to their financial disability that curtails them from a direct involvement in the war with the government. In their attacks, t he terrorists aim at persuading the enemy that it has the financial strength to inflict high-cost tests in order to achieve its desires. As argued by Robert Pape, terrorists use bombing as an attrition strategy due to their financial constraints. Terrorist groups success lies in their ability to influence the behavior of their target group. Specifically, the success of their actions is embedded in threat elimination by attacking the government and any other relevant authority or individual whose influence will aid in the realization of their objectives (Kydd & Walter,  2006). Risk avoidance is a form of intimidation that suppresses target group. According to Drake (1998), the psychological fear or threat created by a terror group helps in the