how to write a reflective essay for univ

The Impact of the OECD Standard on the Swiss Banking Industry - Dissertation Example The developments were of strong influence in the actual economy and as the year 2008 came to an end the whole economy had gone through the ensuing crisis (Gugler & Siebert, 2007). Despite the fact that, the Banking industry was one of the most regulated industries within the country, the ongoing financial crisis could not be curbed. More often than not, the financial crisis uncovered different imperfections in international regulation. Before this crisis, the whole banking system had been assumed to be secured for as long as each unique bank satisfied the requirements in terms of capital reserves (Brissimis & Papanikolaou, 2008). This enabled it to absorb the upcoming negative economical developments. In many cases, one theory explains that it is sufficient in supervising the banks at a micro-level, and this supervision would prevent a crisis within the entire banking system namely at the macro level. This theory holds in a non-globalized or less globalized world (Brissimis & Papanikolaou, 2008).

Effects of Media - Essay ExampleThus, media is, for better or for worse, charged with nearly sole responsibility for forming people’s ideas of themselves, their relationships with others, and their views of society at large.The other side of the debate claims that mass media has no such effect, at least not in any way that can be conclusively proven. Scientists on each side of the debate claim that the opposing side has flaws in one aspect or another of their research. Such flaws include errors in methodology, misinterpretation of data, clear biases in research, and lack of comprehensive understanding of the media being studied (Gauntlett, 1998).The argument that contends mass media produces profoundly negative effects on those who absorb it is an aggressive one. This often comes across as foolhardy given the lack of empirical data to support the argument itself.

According to Glossary of Marketing (2010, p. 1), self reference criterion refers to “the assumption that a product can successfully be sold abroad on the basis of its success in the home market. ” cultural diversity is experienced in the global markets such that different people interact in the global markets. Marketers should recognize the fact that customers from different backgrounds have different cultural aspects. It is very important for marketers operating in the global markets to understand the cultural differences of their customers.Self reference criterion is an aspect which does not allow marketers to incorporate the culture of other people. As such, people believe that other people will accept their cultural believes and that there are no cultural conflicts between different cultural groups (Noth, Bishara, 2007). Businesses in the modern era are experiencing a lot of changes in terms of social, economic, technological, political and cultural aspects.