Service marketing Essay Example | Topics and Well Written Essays - 1000 words

Service marketing - Essay Example But the storm had hit the hardest by the end of 2008 when the bank had lost both its CEO and Chairman on 19th December, 2008. Ireland was shocked by one of its greatest financial scandal which led Mr. Sean Fitzpatrick, Chairman-AIB and Mr. David Drumm, CEO-AIB to resign thereby leaving behind a scar of undisclosed loan to the tune of â‚ ¬87 million. Though it was apparent that these loans didn’t have any illegal intention as well as consequence, the Financial Regulator had observed that the actions that were taken in order to transfer them were inappropriate (Farrell, 2008). On 15th January, 2009, the Irish Government took the decision not to recapitalize AIB, but to nationalize it (Collins, 2009). On the next day AIB’s shares were shelved and the Government rejected its previous decision of injecting cash to revive the scandal stricken bank (O’Brien, 2009). At the wake of 2009 AIB had fallen from the status of Ireland’s pride to that of a tainted national scandal. Its woes have continued throughout last year and even in 2010 the bank is struggling with a multitude of wide ranging issues such as serious lack of transparency and legislative complications (Ihle, 2010). The undisputed strengths of AIB are its rich heritage and corporate experience. The bank should retrospect and continuously learn from itself. Though it has entered into an unfavorable phase, yet owing to its inherent strengths, AIB can reposition itself as the pride of Ireland. On account of being nationalized AIB has got an opportunity to appease its customers to some extent. It should make optimum use of this chance and implement strategies to reposition itself as a premier financial institution. The most significant threat that AIB faces in the current situation is that of uncertainty. The bank has lost its credibility and hence will be under constant public vigilance. AIB should adopt

Ecological Colapse of Past Civilizations Research Paper

Ecological Colapse of Past Civilizations - Research Paper Example This risk has been existing in the human history, resulting in the current destructive modern technology, which is contributing a lot towards environmental pollution. It is widely believed that pre-industrial societies respected and preserved nature, lived with their environment in a harmonious manner, and were wise when it came to the consumption of natural resources. However, Diamond points out that there is a large number of pre-industrial societies that did collapse. He defines â€Å"society collapse† as a local radical decrease of the number of human populations and economic, political, and social complexity (363). He further states that collapse can result in a certain human population disappearing completely over a wide area. Some of the victims of past civilizations listed in this article include: Great Zimbabwe, Greenland Norse, Anasazi, Angkor Wat, Classic Lowland Maya, Mycenaean Greece, and Easter Island among many others. Human beings should have learned from the collapse of these societies and work tirelessly to find appropriate solutions to the current environmental difficulties. Diamond notes that the recent devastating evidence from archaeological and other disciplines demonstrates that some of the past collapses actually stemmed from ecological disasters that are similar to the current ecological suicide that human beings are risking to commit nowadays. Even though the past societies were made up of smaller populations with less destructive technology compared to the ones we possess nowadays, the pre-industrial ecological suicides unfolded resulting in collapsing of some societies. This indicates that things will become worse if we continue participating in modern activities that cause a lot of harm to the environment. People can really learn from these past happenings. However, the problem seems to be very complicated. This is a problem that requires critical thinking to come up