Thursday, March 19, 2020

Ethiopian Economy essay part 2Essay Writing Service

Ethiopian Economy essay part 2Essay Writing Service Ethiopian Economy essay part 2 Ethiopian Economy essay part 2  Ethiopian Economy essay part  1In actuality, some behemoths of Ethiopian economy remain under control of the government, including telecommunications, financial and insurance services, air and land transportation services, and retail. In such a situation, the government still has a considerable impact on the economic development of the country and businesses have to take into consideration policies conducted by the government, while planning their business activities.  Ã‚  Ã‚  Ã‚   Agriculture as the main branch of Ethiopian economyToday, agriculture comprises the largest share of Ethiopian GDP with about 85% of the labor force employed in agriculture. Historically, agriculture played the leading part in the economic development of Ethiopia (Mauri, 2010). Favorable physical conditions and rich natural resources favorable for the development of agriculture stimulated the fast development of agriculture. Moreover, agriculture comprises a large part of the national export. This is why agriculture is strategically important for Ethiopia. In this regard, the cattle farming are particularly important but the health safety of Ethiopian agricultural products has become the primary concerns at the international market because of epidemics of the cattle in Ethiopia. Nevertheless, Ethiopian agriculture still keeps progressing and plays an important, if not to say the determinant, part in Ethiopian economy.  Ã‚  Ã‚  Ã‚   Tourism as one of the most prospective industries in EthiopiaTourism is a relatively new direction in the development of Ethiopian economy. In this regard, the development of tourism matches- the development of the global tourism industry. The development of the tourism industry opens new opportunities for Ethiopian economy to stimulate the fast growth of the GDP without rapid industrialization, consistent environmental changes and technological breakthrough, which is required to close the gap between Ethiopia and de veloped countries in terms of their industrial development (Ofcansky Berry, 2010). In actuality, Ethiopian tourism industry focuses on the development of green tourism. The target customer group of Ethiopian tourism companies comprises westerners and tourists from well-developed countries mainly.American Perspective on Ethiopian EconomyThe export of minerals and natural resources does not play the determinant part in the economic development and international economic relations of Ethiopia, but the US views Ethiopia as the attractive country for investments in the gold mining industry. The export of gold comprises the core of Ethiopian export of minerals. At the same time, export of gold contributes to the overall growth of international economic relations of Ethiopia. Therefore, the US companies can enhance their position in Ethiopia, in case of the further cooperation between the US and Ethiopia.The import of knowledge from the US implies the professional training of professional s from Ethiopia, who will work in Ethiopia. Today, Ethiopia needs well-qualified professionals, who can work in different fields and accelerate the economic growth and progress of Ethiopia as a regional leader. However, the training of Ethiopian professionals abroad often leads to brain drain, when Ethiopian students just stay in those countries, where they get their training.In such a situation, the development of the local higher education is one of the priorities for Ethiopia along with the possible involvement of foreign educators. At the same time, Ethiopia still relies heavily on the training of its professionals abroad (Zewde, 2001).The import of knowledge is crucial for the further enhancement of the position of Ethiopia in international markets because, in the post-industrial world, Ethiopia should focus on the development of high technologies and introduce innovations which can boost not only particular business development but also and mainly the economic development of t he entire country.In such a way, the US views Ethiopia as the economy with huge potential, where American companies can develop perspective industries, such as gold mining and where they can supply machinery, equipment and knowledge, through professional training of students from Ethiopia. Moreover, the US views Ethiopia as the country attractive for American investors, who can invest in the local agriculture, industrial production, gold mining, and other sectors. In addition, American companies can move production to Ethiopia, where the costs of the labor force is much lower that will open wider access to African and Middle Eastern markets.Chinese Perspective on Ethiopian economyChina also views Ethiopia as an attractive country for its investments. However, unlike the US, China is also concerned with the possible export of weapons to Ethiopia, taking into consideration the tense situation in neighboring states. In addition, China views Ethiopia as the target market for its export- oriented companies. The fast growth of Ethiopian economy at the moment creates conditions for the fast growth of import and Chinese companies have a chance to take the lion share of the local market. In this regard, policies of Chinese companies will be different from American ones because Chinese companies are not interested in the move of production from China to Ethiopia but they are interested in the direct export of their products to Ethiopia. In addition, Chinese universities can become alternative and European ones, where Ethiopian students can learn successfully but pay lower fees compared to western universities.ConclusionThus, Ethiopian economy is growing fast. The economic growth contributes to the overall improvement of the quality of life of Ethiopians. However, Ethiopian economy still remains to be agricultural with agriculture contributing a lion share to the national GDP. This is why Ethiopian economy needs further reforms and changes, among which the development of tourism is one of the most prospective directions, especially taking into consideration that the larger part of the population comprises young, economically active people.

Monday, March 2, 2020

New and Useful Information on How to Become a Bank Teller

New and Useful Information on How to Become a Bank Teller when you think of bank tellers, you probably think of someone who sits behind a counter and counts money all day. but really, they’re customer service professionals who also happen to count money and provide banking services. it’s a job that requires strong math skills, a high dependability factor (after all, you’re being trusted with other people’s money and banking information), and excellent people skills. the truth is, you’re not just dealing with money all day- you’re dealing with people. if you’re looking for information on how to become a bank teller, the following guide will let you know everything you need in order to make it happen.the many benefits of a bank teller jobbeing a bank teller is a great entry job if you’re thinking about a career in the finance world, or if you have strong cash-handling and people-handling skills from retail experience. depending on the bank that hires you, you could be looking at:paid, on -the-job training (or, for some banks, reimbursement for courses taken to prepare for the job)medical, dental, and life insurancea 401(k) retirement planpaid vacation and holidaysa calm, quiet, and secure working environmenta path forward to manager positions and beyondresume building, especially high-demand soft skills like trustworthiness, organization, and being detail-orientedthe qualifications you’ll needbank tellers don’t necessarily need tons of experience if they have the right skill set, but if you go down this path you should expect to be able to:do math quickly, and with total accuracy.handle money responsibly.look presentable and well-groomed at work (usually no obvious tattoos, odd piercings, or crazy hair).dress in business casual (or standard business attire if it’s a more formal bank).there are also usually minimum educational, experience, and language requirements. depending on a particular bank’s policies, bank tellers will likely need t o be:able to work legally in the u.s.fluent in english.a high school graduate, ged recipient, or higher.focused on providing fast, friendly customer service.able to multitask, while still doing things accurately and quickly.and again, don’t underestimate the customer service piece. a bank teller might be dealing with a line of people, with distractions all around. as the front lines of the bank, tellers are a huge part of keeping things calm and moving along, even when things are busiest. if you are someone who can’t stop themselves from rolling their eyes at a particularly rude customer, or have no patience for the toddler clamoring for his mother’s attention while you deposit mom’s check, this might not be the right financial services career for you. however, if you can hand the kid a sugar-free lollipop and process mom’s transaction in one smooth motion while keeping a smile on your face, this could definitely be the right job for you.the decisi on: is it the career for you?if you have the base skills and interest in becoming a bank teller, it’s time to move into the gut-check phase, and ask your self these questions.can you pass a criminal background check and a drug test? you’ll be handling money, physically and electronically- the bank will need to know you’re a trustworthy investment.can you serve customers with good cheer and diplomacy?are you good with details, with an eagle eye for possible mistakes? for bank teller, mistakes can come with a very real price tag either for the customer or the bank itself.are you comfortable learning and offering a range of financial services to customers?if you’re leaning toward â€Å"no† for any of these questions, then becoming a bank teller might not be your ideal path. but if all of these sound good and you’re ready to move on to the next step, it’s time to look at the how.the trainingmost banks offer on-the-job training for new hir es, which teaches skills like cashing checks, processing deposits and withdrawals, using the banks own systems, navigating security protocols, and settling the cash drawer at the end of the day. tellers also have the option to get outside education as well, before they get a job as a teller. the american bankers association offers courses and certification for all kinds of banking professionals, including tellers.the career outlookaccording to the u.s. bureau of labor statistics, the median salary for bank tellers is $26,410 per year, or $12.70 per hour. the field is facing a slight decline over the next 10 years, due to automation and fluctuations in the banking industry. you shouldn’t let this discourage you, though- becoming a bank teller is still a great way to get your foot in the door for other opportunities down the line. atm machines may be able to dispense cash, but banks still need people to manage services and act as a quality control.if you’ve got the peopl e skills and the money skills, this is a great career building block for you. bank tellers build a lot of super-useful, transferrable skills that will take you to the next step in your career fairly quickly, whether that’s in banking or any other field that requires a focused, responsible eye.look for bank teller jobs? thejobnetwork has you covered! search our site for jobs in your area, at all levels of experience.