Background Of Bank Muscat

* Be open and honest, act with integrity and uphold the reputation of their profession

They strive to provide nice workplaces for their employees to grow and work in a better environment. Supporting Our Communities is the second. They are doing Community Giving Program such as giving the scholarship to build academic achievement for young people. Third and Fourth responsibilities they are focusing are Operating Sustainably and Conducting Business Ethically. They are putting efforts to maintain transparent business and to save electricity 30% and reduce waste for the environment. Their buying & planning offices are located in New York, Los Angeles, and Boston. Their buying and planning teams always try to get the current trendy products and find what their customers love at the affordable

“We strive to meet the highest ethical standards in all business dealings. We are honest with others and ourselves. We do what we say we will do.”

An open market operation is the purchase or sale of government securities, which are government of Canada Treasury bills and bonds, in the open market by the Bank of Canada. These transactions done by the Bank of Canada change the reserves of the banks, which have an immediately impact on the amount of overnight borrowing.

They believe in making consumers feel accountable to the actual success of the company, which can be done by connecting the compensation of the workers to the achievement of the company as a whole.

Integrity is when you do the right thing, even when nobody's watching. “You working with a group cutting bushes in the woods when two of the men started to argue Joe looked up and saw the guy slapping angrily toward each other both raising their axes, and without thinking Joe jumped between the men ‘you give me your axe’ he demanded of one, then he turned to the other ‘and you give me your axe’. Joe took the axes and the fight was over.” (131) Joe showed integrity in that situation because he did the right thing, even if it meant potentially putting himself in danger, even when no one was watching.

-To consistently provide our customers with impeccable service by demonstrating warmth, graciousness, efficiency, knowledge, professionalism and integrity in our work.

We are committed to collaborating respectfully with one another, in a timely manner, and following through on commitments that have been made.

Do what’s right, legally and morally. Integrity is a quality you develop by adhering to moral principles. It requires that you do and say nothing that deceives others. As your integrity grows, so does the trust others place in you. The more choices you make based on integrity, the more this highly prized value will affect your relationships with family and friends, and, finally, the fundamental acceptance of yourself.

I have a thorough understanding of our business and our customer. I monitor the trends and behavior of our brands and those of our competitors. I use my knowledge to make the appropriates changes and to empower myself. I follow the guidelines and appropriate channels to communicate effectively with peers, supervisors and partners to get the best results in the day to day business.

Referenced from Amadeo (2016), the open market operation is a tool that the Fed buys or sells securities, typically Treasury notes, from its member banks. It buys securities when it wants them to have more money to lend. It sells these securities, which the banks are forced to buy. This leads to the banks having a reduction in capital and less to lend that will result into banks charging higher interest rates. That slows economic growth and clean s up inflation (the balance.com, 2016).

* act in line with its values of professionalism, innovation, pragmatism, team spirit and integrity.

Respect the individual, provide the best service to their customers, strive for excellence, and exceed customer expectations. Their corporate mission focuses on a global growth strategy through concentrated integration. The company continues to expand its

Leading the industry by providing personal, honest and effective service that results in an advantageous business relationship with our customers, partners and suppliers;

• Integrity  Every member of our organization behaves in an ethical manner. We will do the right things for the right reasons.