Prejudice is a complex mix of mental perceptions, associated emotions

  Prejudice is a complex mix of mental perceptions, associated emotions, and attitudes toward members of another group that often results in social distance and manifests in overt acts of discrimination. An important first step in addressing the roots of prejudice and discrimination is to trace the historical sources and the psychological reinforcements. In this Assignment, you will explore historical examples of sexual and gender prejudice and discrimination, drawing on how prejudice is perpetuated across generations and analyzing the implications of persistent prejudice and gender inequality in society.    

Sample Solution

1. The Salem Witch Trials (1692): During this period of history, sexual and gender prejudice were rampant as women were persecuted, tortured, and executed for perceived witchcraft or heresy. This event led to the institutionalization of misogyny within society, with many men viewing women as inherently inferior or untrustworthy in comparison to themselves. As a result, women have been systematically oppressed and denied access to rights due to their gender throughout much of history.  
equirement was increased to GHS 7 million and banks were expected to achieve this by 2006. In the wake of the various reforms, the Banking Act 2004 repealed the Banking Act 1989 to merge existing banking laws, regulate banks and other associated issues (Adjei-Frimpong, 2013; BoG, 2007; IMF, 2011). The Banking Act 2004 was also amended as the Banking (Amendment) Act 2007 to permit the establishment of an International Financial Services Centre to boost the flow of foreign direct investment and income from foreign currency dominated fees. The Banking Act 2007 introduced the general banking license for universal and off-shore banking, Class I banking license for universal banking and Class II banking license for off-shore banking. The Ghanaian currency was redenominated in 2007 to equate 10,000 to one dollar. The minimum capital requirement for banks was further increased to GHS 60 million to engender competition and build the capacity of banks to engage in larger transactions. Foreign-owned banks had a two-year moratorium and local banks, a five-year moratorium to meet the requirement. The Parliament of Ghana passed an amendment bill to the Bank of Ghana Act 2004 in August 2016. The 2016 Act is to plug loopholes in the 2004 Act, bring regulations at par with international best practices, fortify the autonomy of the central bank, introduce new qualifications and eliminate the influence of the Finance Minister in appointing board members. The country also entered into an IMF-supported Extended Credit Facility Programme in 2015 which specified zero-financing by the central bank to government as opposed to the 5% financing ceil passed by Parliament.

Analysis of the facts and issues

SWOT analysis is a business analysis technique or strategy formulation tool employed to evaluate the strengths of an entity in order to exploit opportunities for improvement, address weaknesses and mitigate threats to determine policies that will best align the competences and resources to achieve set goals (Al-Zoubi & Honotoria, 2007; Helms & Nixon, 2010; Ommani, 2011; Wang, 2007). Al-Fayoumi and Abuzayed (2009) and Dhingra (2013) utilised SWOT analysis to assess the Jordanian banking sector and Indian public sector banks respectively. Lu and Yadong (2012) also employed SWOT analysis in the study of five rural banks in Heilongjiang province in China. Saravanan and Haneef (2011) used SWOT analysis as part of strategic planning process Non-Bank Financial companies in India. Figure 1 below depicts a SWOT diagram of the Ghanaian banking system.

Strengths