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Sources of finance for British Airways

Published Date: 23 Mar 2015 Last Modified: 27 Apr 2017

7 Pages (2,491 Words)

British Airways Plc is an international schedule airline. The main activities of British Airways Plc are the operation of international and domestic scheduled air services for the carriage of the passengers, freight and mail and the provision of ancillary services. The Company's principal place of business is London with presence at Heathrow, Gatwick and London City airport. The Company also operates a worldwide air cargo services. The ...

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Literature on Working Capital Management and Profitability

Published Date: 23 Mar 2015 Last Modified: 27 Apr 2017

8 Pages (2,817 Words)

Regarding the research of working capital management and profitability. This chapter consists of literature review of different researchers and their studies' findings in accordance to the region their studies are based on. I will start with the region of United States of American and followed by the European countries. Studies from other countries not included in the aforementioned regions will be described in the following topic. This ...

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Risk and return strategies

Published Date: 23 Mar 2015 Last Modified: 27 Apr 2017

5 Pages (1,697 Words)

Portfolio management is principally about risk and return strategies. Introduction Portfolio management is principally about risk and return strategies. Portfolio management is concerned with the construction and management of investment assets. There are two principal school of portfolio management: passive and active. A passive and active term refers to the method by which the assets are selected for inclusion into the portfolio. A passive portfolio includes the ...

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Critical success factors: Marks and Spencer

Published Date: 23 Mar 2015 Last Modified: 25 Apr 2017

4 Pages (1,407 Words)

Company Background In 1894, Micheal Marks, created a joint venture with Tom Spencer to enter the retailing business (company website). In 1904, the first shop opened at Cross Arcade in Leeds, West Yorkshire. The Marks & Spencer (M & S), celebrated their 120th anniversary in the year 2004 and for company's chief Executive position, Stuart Rose was appointed. The company was originally headquartered in Baker Street, London ...

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Strategic Management Case Analysis Of Airtran Airways

Published Date: 23 Mar 2015 Last Modified: 25 Apr 2017

11 Pages (4,280 Words)

This case analysis examines the impacts AirTran Airways has on the airline industry with respect to its competitors. AirTran Airways is an airline company that provides domestic flights (U.S.) to travelers flying in the United States. AirTran also became the first airline to offer Wi-Fi to its travelers. AirTran is the successor of its predecessor ValuJet Airlines that was founded in 1993 in Atlanta, Georgia. AirTran, better ...

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Wealth Maximization and the NPV Method

Published Date: 23 Mar 2015 Last Modified: 25 Apr 2017

6 Pages (2,105 Words)

It has long been an accepted perception that the objective of management is the maximization of shareholder wealth. As we know the corporate objective of a firm is to maximization share holders wealth in order to achieve this corporate goal there is a problem arising called agency problem. The corporate firms are managed by professional managers these managers do not own a 100% share so managers may ...

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United Health Group - Ingenix Subrogation Services

Published Date: 23 Mar 2015 Last Modified: 24 Apr 2017

5 Pages (1,848 Words)

The company that I am most familiar with and will be discussing is Ingenix a wholly subsidiary of United Health Group. United Health Group is the parent company of Ingenix, therefore a lot of the financial information and applicable laws, regulations budgetary information will be Ingenix and United Health Group. Other information that I will providing, will included United Health Group, because it fall under the parent ...

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The Role Of Efficient Market Hypothesis

Published Date: 23 Mar 2015 Last Modified: 24 Apr 2017

8 Pages (3,190 Words)

Corporate finance provides the skills which Spry Plc needs to identify and select as corporate strategies that add value to the firm such as investments. Throughout this paper, capital market and efficient market hypothesis has been discussed critically to evaluate Spry Plc's market position; then possible finance sources has been discussed to obtain finances, and lastly cost of capital and its consequence on large companies has been ...

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A Financial Analysis Of Starbucks Coffee

Published Date: 23 Mar 2015 Last Modified: 21 Apr 2017

8 Pages (3,040 Words)

The aim of this financial analysis of Starbucks is to obtain a deep knowledge of annual financial reports and other corporate information, which can provide us measurable conclusions about the company. It is essential to understand the nature of company's business, by analyzing its economic and financial environment and strategy choices made in the past. This report will begin with industry and company description, followed by financial ...

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Strategic Justifications In The US Wine Industry

Published Date: 23 Mar 2015 Last Modified: 18 Apr 2017

6 Pages (2,175 Words)

Mergers refer to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid in, finance, or assist a growing company in a given industry. As outlined by Lawrence Gitman, it is the combination of two or more firms, in which the resulting firm maintains the identity of one of the firms usually the larger. The ...

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Currency Exposure to Hedging Currency Risks

Published Date: 23 Mar 2015 Last Modified: 18 Apr 2017

7 Pages (2,634 Words)

Hedging Currency Risks at AIFS, we shall now address the many stipulations regarding issues such as currency exposure and hedging decisions of the AIFS Company. Looking at the theory and practices of Archer-Lock within the company, with the information given we shall now analyze and interpret the report of AIFS. Using the financial Instruments of the foreign exchange market, the effect these instruments have on hedging will ...

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Network Opimisation Problems And Forecasting

Published Date: 23 Mar 2015 Last Modified: 18 Apr 2017

7 Pages (2,686 Words)

The Makonsel Company, a fully integrated company that both produces and sells goods at its retail outlets. After production, the goods are stored in company's two warehouses until needed by the retail outlets. Trucks are used to transport the goods from the two plants to the warehouses, and then from the warehouses to the three retail outlets. Using units of full truckloads, the following table shows each ...

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Short Medium And Long Term Sources Of Finance

Published Date: 23 Mar 2015 Last Modified: 18 Apr 2017

6 Pages (2,056 Words)

There are many sources of finance, which would all provide the business with a quick source of money, which will have to be paid back. But the amount the company needs can limit them to a range of sources of finance and methods of repayment e.g. interest. The sources of finance can be split up into three types; long term, medium term and short term. Long term ...

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Empirical evaluation of accounting income

Published Date: 23 Mar 2015 Last Modified: 14 Apr 2017

5 Pages (1,764 Words)

With the rise of multinational companies and the growth of transnational investments, there has been an increasing demand for an empirical evaluation of accounting income numbers. The Ball and Brown study in 1968 broadens this area of accounting research. With the rapid development of the literature, there are more than 1000 published papers in academic accounting and finance journals in the last thirty years (Kothari, 2001). However, ...

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Hedging Techniques: Analysis of pros and cons

Published Date: 23 Mar 2015 Last Modified: 14 Apr 2017

8 Pages (2,819 Words)

This report will discuss the basics of hedging, advantages and disadvantages of hedging. There is description of methods and techniques used for hedging. This also discusses the primary need of hedging. Then follows the detailed calculations of the receivables of 500M pesos due in six months' time and the best way of hedging to get the most of it. This report then goes on to discuss the ...

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Transferring Capital Or Funds From Savers To Borrowers

Published Date: 23 Mar 2015 Last Modified: 13 Apr 2017

4 Pages (1,520 Words)

The financial institution is the process to provide the financial service to the people. It can also say is the institution collecting the funds from the public into the financial assets. It also verifies by the government, so it is safe for the people to using. The main function of the financial institution transfers the capital between savers and those who need capital. The financial activities and ...

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Transaction And Translation Exposure In International Finance - Essay

Published Date: 23 Mar 2015 Last Modified: 11 Apr 2017

12 Pages (4,726 Words)

Foreign exchange exposure is a measure of the potential for a firm's profitability, net cash flow, and market value to change because of a change in exchange rates. Types of Foreign Exchange Exposure Transaction exposure measures changes in the value of outstanding financial obligations due to a change in exchange rates. Translation exposure deals with changes in cash flows that result from existing contractual obligations. Operating (economic, ...

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Research Proposal: Corporate Governance and Firm’s Performance

Published Date: 23 Mar 2015 Last Modified: 11 Apr 2017

10 Pages (3,660 Words)

Background and rationale of the study Corporate governance is a recent concept that encompasses many issues like internal control, rights and relation with stakeholders, social responsibility of the business, structure and role of the management committee, management transparency (refers to the disclosure of all reliable and relevant information) and accountability (refers to broader corporate objectives to manage the socio-economic resources efficiency) and the like. It also entails ...

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Inventory Management in a Multinational Company

Published Date: 23 Mar 2015 Last Modified: 11 Apr 2017

10 Pages (3,776 Words)

Inventory may be desirable, even necessary, for smooth operation and good customer service in many situations. For instance, inventory can be used to reduce the lead time to respond to customer demand, to smooth out the production rate when there are variations in demand, and to protect the company from underestimates of demand (forecast errors) or shortage of supply. Reasons such as these, plus the fact that ...

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Constraints to Islamic finance growth

Published Date: 03 Oct 2016 Last Modified: 03 Mar 2017

5 Pages (1,682 Words)

Contents INTRODUTION: The global financial system: Facing the challenge: Reaching critical mass: THE REGULATORY CHALLENGE: Malaysia as case of study: CONCLUSION: Reference INTRODUTION: The Islamic financial industry today is an important component of the global financial world, the total Islamic assets ballooned from US$150 billion in the 1990s to US$1 trillion in 2010.The most successful and fast developing sector of Islamic financial industry is namely –SUKUK, Islamic ...

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Financial Performance Analysis of Amazon

Published Date: 24 Feb 2017

7 Pages (2,631 Words)

Keywords: Amazon, financial performance, growth Executive Summary Amazon.com, Inc (Amazon) registered strong growth of 36% in 2008 mainly due to increased unit sales and expanded sales base in several categories. Meanwhile during the 3rd quarter of 2009, Amazon managed to report a steady growth despite the recession period. This report reviews and analyse Amazon financial performance as well as comparison with its competitors. All analysis and ratios ...

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Importance of Financial Management

Published Date: 24 Feb 2017

4 Pages (1,416 Words)

Keywords: financial management, Capital formation, structure, Profitability and profit allocation INTRODUCTION The modern thinking in financial management accords a far greater importances to the management decisions and making policy. Today financial managers occupy key positions in top management areas and play dynamic role in solving complex management problems. The main object ive of accounting is to provide the necessary information, which is useful for the person within ...

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Factors Affecting Trade Volume

Published Date: 24 Feb 2017

22 Pages (8,756 Words)

Keywords: trade volume, Asian developing economies, global trade, empirical Introduction The area of research for this thesis focuses on empirical study determinants of trade volume of Asian developing economies; which constitute the success of global trade. The relationship among determinants of trade studied in the context of developing economies which includes: Pakistan, India, China, Bangladesh and Sri Lanka. Factors those affects on trade includes: Tariff, Import ...

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Taiwan: Major Industires

Published Date: 23 Feb 2017

10 Pages (3,626 Words)

Keywords: taiwain, electronics, petroleum, chemicals TAIWAN: MAJOR INDUSTRIES The major industries in Taiwan are electronics, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals. We can have a look at the major industries one by one and then do an analysis on the investment opportunities on one of them. SEMICONDUCTOR INDUSTRY Taiwan has truly emerged as a global leader in ...

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Financial Institutions in India

Published Date: 23 Feb 2017

6 Pages (2,359 Words)

Keywords: finance, india, sbi, bank Financial sector plays an indispensable role in the overall development of a country. The most important constituent of this sector is the financial institutions, which act as a conduit for the transfer of resources from net savers to net borrowers, that is, from those who spend less than their earnings to those who spend more than their earnings. Ok, now before continuing ...

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Introduction to Underwriting

Published Date: 23 Feb 2017

7 Pages (2,497 Words)

Keywords: underwriting, agreement, merchant banking INTRODUCTION TO UNDERWRITING Underwriting is an agreement, entered into by a company with a financial agency, in order to ensure that the public will subscribe for the entire issue of shares or debentures made by the company. The financial agency is known as the underwriter and it agrees to buy that part of the company issues which are not subscribed to by ...

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Constructing and analysing financial tools

Published Date: 03 Oct 2016 Last Modified: 14 Nov 2016

5 Pages (1,743 Words)

Learning outcomes Be able to construct and analyse financial statements using a range of techniques and appropriate e-tools in order to critically appraise their value in decision making Critically appraise current developments in accounting and finance including evaluating contemporary theories and empirical evidence within the context of contrasting global business contexts e.g. the ethical and ...

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Financial performance of ABC Ltd

Published Date: 03 Oct 2016 Last Modified: 14 Nov 2016

8 Pages (2,877 Words)

Introduction Accounting is concerned with collecting, analyzing, and communicate accounting information. The accounting information is helpful to those people who make plans about business and in making important decisions related to the business The aim of this paper is to evaluate the financial position of the company and the importance of credit manager to achieve credit sales targeted and importance of actual figures when estimating the ...

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Financial Ratio Calculations | Profitability Calculations

Published Date: 03 Jun 2016

4 Pages (1,206 Words)

Financial ratios are useful indicators of a firm's performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios can be used to analyse trends and to compare the firm's financials to those of other firms. Sometimes, ratio analysis can predict future bankruptcy of a business.As we can see the performance of Systems Integrated PLC is related to the areas ...

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Finance Essays - Tax Havens

Published Date: 23 Mar 2015 Last Modified: 08 Mar 2016

10 Pages (3,719 Words)

Tax Havens Critical Analysis of Tax Havens within an International Context The following paper will offer a critical analysis of tax havens within an international context. Specifically, this paper will argue that there is both good and bad to tax havens and that favourable tax policies can both assist the host country and multinationals eager to optimize their earnings and savings. In particular, this paper will note ...

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The Criticisms On Agency Theory And Its Application Finance Essay

Published Date: 23 Mar 2015

13 Pages (4,876 Words)

Introduction Issues on corporate governance, business ethics, decision making and risk-taking are the normal issues being faced by all types of corporations, both old and new. One of the main assumptions why such issues are often encountered by majority of companies and institutions can be attributed to the conflict of interests and the misalignment of corporate goals among those in the managerial position and the common shareholders. ...

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Time Value Analysis And The Attractiveness Of Alternative Investments Finance Essay

Published Date: 23 Mar 2015

4 Pages (1,316 Words)

Time value analysis The time value analysis can provide the healthcare manager with the necessary information to make important decisions concerning financial strategies. The calculations of future cash flows at specific times are used to determine the attractiveness of alternative investments. The major limitation of the time value analysis is that a small change in cash flow may result in a distorted assessment of a potential investment. ...

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Uniform costing

Published Date: 23 Mar 2015

7 Pages (2,693 Words)

Uniform costing is not a separate or distinct method of cost accounting like job costing or process costing. It is only a system of cost accounting to be used by the members of the industry or trade association. It involves adoption of same costing principles, practices and procedures by the individual members of the industry for inter-firm comparison.The system is made operative through Trade Association or Chamber ...

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Advantages Of The Issues Of Bonus Shares Finance Essay

Published Date: 23 Mar 2015

3 Pages (987 Words)

The term bonus issue also called as stock dividend means an extra dividend paid to shareholders in a company from additional profits. When large fund gets accumulated out of profits of a company much beyond its expectations and needs, the company's directors may decide to share out a part of it among the existent shareholders of company in the form of bonus. Bonus can be paid in ...

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Pest Analysis Of The Bae Company Finance Essay

Published Date: 23 Mar 2015

10 Pages (3,863 Words)

This article want to analysis the five-year of financial data which from 2004 to 2008 of BAE ,in order to understand the company's business profitability and development capacity and found the further possibility to enhance the utilization efficiency of it ,so that to promote the investment activities of the enterprise's business goal of maximizing value in accordance with a benign operation. Instruction BAE Systems is the merger ...

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The Differences Between Internal And External Sources Of Business Finance Finance Essay

Published Date: 23 Mar 2015

3 Pages (1,026 Words)

Businesses require financing in order to operate. The source of this finance can be either internal or external and furthermore it can further subdivided into long or short term. Long terms sources are those that provide finance for more than a year while short term provide for less than a year; Internal sources of finance come from within the business and "do not require the agreement of ...

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Problems With Profit Maximization Strategy Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,247 Words)

Shareholder Value is a financial term which is the final measure to see whether the company is successful in enriching its shareholders or not. We have tried to find the difference between shareholder and the owner wealth and have concluded that shareholder wealth is the supreme point of contention for any organization as in the long term it will benefit both owner and shareholder. Hence, both of ...

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Choosing Between Debt And Equity Finance Essay

Published Date: 23 Mar 2015

3 Pages (919 Words)

In financial decisions, the choice between debt and equity financing is one of the most difficult ones. Both types of financing have its advantages and disadvantages. Debt financing is based on borrowing finance, and incurs debts that should be repaid in a certain time. The obligations of the company include repaying the loan and paying interest on the loan until it's repaid. Debt financing does not impact ...

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A Swot Analysis Of Barclays Bank Finance Essay

Published Date: 23 Mar 2015

7 Pages (2,716 Words)

The global landscape of business had always been faced with inevitable and unpredictable circumstances which has always been challenging for them once they are confronted. Financial institutions, for instance, have been rattled by the global economic downturn which has affected businesses in the recent years. To be bale to alleviate the effect of such circumstances, it is a common practice among businesses to execute measures and practices ...

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Research Into The External Environment Of Barclays Bank Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,063 Words)

Barclays is a global financial services provider deals with retail and commercial banking, credit cards, investment banking, wealth management and investment management services all over the world. Barclays offers personal banking services to its customers all over the world and provides a variety of other products like loans, debit card, saving account, insurance, online banking etc. 1.1 AIMS/PURPOSES The purpose of this report is to review recent ...

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History And Definition Of Depository Receipts Finance Essay

Published Date: 23 Mar 2015

15 Pages (5,836 Words)

A DR is a type of negotiable (transferable) financial security traded on a local stock exchange but represents a security, usually in the form of equity, issued by a foreign, publicly-listed company. The DR, which is a physical certificate, allows investors to hold shares in equity of other countries. One of the most common types of DRs is the American depository receipt (ADR), which has been offering ...

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Shipping companies listed on New Yorks Stock Exchange

Published Date: 23 Mar 2015

11 Pages (4,011 Words)

This study was based on 21 shipping companies listed in New York Stock Exchange, over the period of 2005 to 2009. On the table below the selected shipping companies are shown. Shipping Companies listed in the New York Stock Exchange DIANA SHIPPING INC NAVIOS MARITIME HOLDINGS INC 3 SAFE BULKERS INC 4 GENCO SHIPPING &TRADING LIMITED 5 TEEKAY CORPORATION 6 TSAKOS ENERGY NAVIGATION LIMITED 7 EXCEL MARITIME ...

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The Motivation Behind Corporate Acquisitions And Mergers Finance Essay

Published Date: 23 Mar 2015

4 Pages (1,263 Words)

Research that considers the motivation for corporate acquisitions takes essentially two forms. There are studies that concentrate on providing a theoretical analysis based on economic and behavioral theories and those which subject the theories to empirical tests. Friedrich Trautwein (1990) provides a critical review of the predominant theories of merger motives and merger prescriptions. the theories of merger can be categorized into seven groups : efficiency theory, ...

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Moral Hazard Adverse Selection And Asymmetric Information Finance Essay

Published Date: 23 Mar 2015

5 Pages (1,630 Words)

There are many people who have an extra money and want to credit this money to make gains by investing this money, at the other side, there are many people need money to use it in many aspects of life e.g. students need money to pay for their education, home buyer need money, business financial investors also need money and so on, for all of these needed ...

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Relationship between price earning ratio and stock returns

Published Date: 23 Mar 2015

8 Pages (2,987 Words)

There have been a large number of literatures during the past years on price earnings and stock return. The existing literatures propose different theories to how the price earning ratio may affect the performance of a company and also the factors that may influence it. Price-Earning Ratio There are several measures to determine the valuation of a security. Most often, the measures are determined by comparing the ...

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Jones Electrical Distribution Electric Suppliers Finance Essay

Published Date: 23 Mar 2015

4 Pages (1,537 Words)

Introduction Jones Electrical Distribution is an Electrical company which has predicted that sales for the company will increase. However, over the years the company has experienced some difficulties in its cash flow and decided that in order to keep the company in operation, it was evident that additional financing would be needed in the form of a loan. However, the loan limit for borrowing could not have ...

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Marks and Spencer Business and Financial Performance Analysis

Published Date: 23 Mar 2015

14 Pages (5,201 Words)

Marks and Spencer is a British retail giant specialised in apparel and food industry. The company had been in its business for more than hundred years and has the biggest market capitalisation in the retail industry. This research is conducted to measure and analyse the business and financial performance of the company. Business performance is measured in this study considering the opportunities and constraints in company macroeconomic ...

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Efficient managers and effective managers

Published Date: 23 Mar 2015

4 Pages (1,255 Words)

Difference between efficient managers and effective managers Effectiveness and efficiency are mutually exclusive things. For a manager, they are both fundamental preconditions. Being effective means that one is able to properly analyse the evolving environment and selecting the right things as the areas of strategic focus for the enterprise. On the other hand, being efficient requires a carefully carved cultural and operational framework which helps the ...

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Review of the ball and brown study

Published Date: 23 Mar 2015

5 Pages (1,819 Words)

With the rise of multinational companies and the rapid growth of transnational investments, there has been an increasing demand for an empirical evaluation of accounting income numbers. This is a broad area of research that originated with the seminal publication of the Ball and Brown study(1968).The literature has grown rapidly, with over 1,000 published papers in leading academic accounting and finance journals in the past three decades ...

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Methods of Investment Appraisal and Financial Statement Analysis

Published Date: 23 Mar 2015

9 Pages (3,403 Words)

The purpose of this report is to assess various method of investment appraisal and financial statement analysis and and finaly recommendation on choosing stratefic portfolio. Task 1 Forcasting There are various to forecast from the past result and find out what is going to happen future The simplest method for forcasting revenue and cost through time series analysis with simple moving average for example Using moving average ...

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Users Of Accounting Information Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,140 Words)

Accounting is the process of systematically recording, measuring, and communicating information about financial transactions. The heart of accounting is the double-entry bookkeeping. This involves at least two entries for every transaction: a debit and credit account in another account. This method helps to prevent chargeback error occurred because the sum is equal to the sum of the credits. The three main financial statements is accounting income statement, ...

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Analysis Of The Financial Report Of Burberry Finance Essay

Published Date: 23 Mar 2015

9 Pages (3,210 Words)

In this section we are considering the Annual Report 2009-10 of Burberry and will compare Burberry's performance in this year with the previous years'. When financial year 2009-10 started i.e. April 2009, Burberry's main issues of concerns were weak and highly uncertain consumer spending environment (because of prevalent recession). Following which group's main goals were established: Expense Reduction Working Capital Management Indeed, they succeeded up to a ...

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The Arguments For And Against Market Efficiency Finance Essay

Published Date: 23 Mar 2015

9 Pages (3,357 Words)

Financial markets are mechanisms (formal and informal) that allow people to buy and sell financial securities, commodities and other items of value at a price. For decades now, these markets have contributed positively to the development of a nation's economy, but their continuous efficiency has been debated by scholars. One of such reviews is Eugene Fama (1970) which supports the assertion that financial markets are "efficient" (that ...

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Internal Rate Of Return And Net Present Value Finance Essay

Published Date: 23 Mar 2015

3 Pages (1,013 Words)

In every business, investment appraisal is the very important part. Accounting rate of return (ARR), Payback period (PP), Net present value (NPV), Internal rate of return (IRR), and Profitability index (PI) are the different types of investment appraisal methods. In investment decisions, time is a very vital feature. ARR and PP do not take into consideration the time value of money, and do not give an indication ...

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Expenditure Cycle

Published Date: 23 Mar 2015

6 Pages (2,396 Words)

Learning Outcomes Describe and discuss the business activities that related to data processing operations that performed in the expenditure cycle and identify the information needed to make those decisions. Spot and dealing with the major threats and estimate the adequacy of various control procedures in the expenditure cycle. Understand and familiar with a data model (REA diagram) of the expenditure cycle. Introduction What Should You Know!! The ...

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The history of the Metallgesellschaft corporation in Germany

Published Date: 23 Mar 2015

8 Pages (3,059 Words)

Metallgesellschaft AG (MG) was previously a corporation based in Frankfurt, Germany. It was founded in 1881 by an Anglo-German merchant Wilhelm Merton and his two partners, Leo Ellinger and Zachary Hochschild. Prior to 1881, Metallgesellschaft was originally involved in banking and trading metals. By 1890, MG traded copper, lead, zinc, nickel, aluminum and silver. As the industry began seeing new signs of light and continued expansion across ...

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Financial liberalisation

Published Date: 23 Mar 2015

5 Pages (1,994 Words)

Financial Liberalisation refers to deregulation of domestic financial market and liberalisation of the capital account that implies removing the ceiling on interest rates. When it is in a liberalised system the competition between the different lending institutions for the deposits will increase interest rates on deposits which will increase the deposits. The availability of credit will increase and this will cause an increase in investment growth. ...

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Permanent versus Transitory Earnings and Security Valuation

Published Date: 23 Mar 2015

12 Pages (4,542 Words)

In this study we examine the role of permanent and transitory earnings and cash flows in explaining security r in three major capital markets, UK, USA and France. We hypothesize that the relationship between cash flows and security returns improves when earnings are transitory and this robustness is country specific. The dataset consists of more than 40,000 USA, UK and French firm-year observations over a nine year ...

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Impact Of General Elections On Indian Stock Market Finance Essay

Published Date: 23 Mar 2015

10 Pages (3,866 Words)

Indian Stock Market deeply follows two set features of New Delhi circus- the budget and the general elections. This time is no exception. While recession has deeply affected the global economy and those who are given the best deals are also in relative tatters, general elections in India would not have any less profound impact on the Indian economy. Here is hoping that a big number of ...

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Examining the strategic location of South Face Mine

Published Date: 23 Mar 2015

4 Pages (1,340 Words)

The strategic location of the South Face Mine, owned by Mountain Mining Canada Ltd (MMCL), catches the attention of Can-Do to make an offer for purchasing the mine. If our company successfully acquires it, the combination of better surface logistics and optimal location of new drift mines could provide an annual cost saving of up to $1.5 million for 20 years. However, MMCL has closed the mine ...

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Structure Of The Financial System In Mauritius Finance Essay

Published Date: 23 Mar 2015

8 Pages (3,146 Words)

3.1 INTRODUCTION This chapter focuses on the Mauritian financial system. An outline of the structure of the financial system in Mauritius is provided followed by an overview of the financial services sector in Mauritius. 3.2 STRUCTURE OF THE MAURITIAN FINANCIAL SYSTEM A financial system is made up of financial institution, financial markets and financial instruments. The structure of the Mauritian financial system is classified into three components ...

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A Seminar Paper On Working Capital Management Finance Essay

Published Date: 23 Mar 2015

13 Pages (5,039 Words)

MBA (Tech.) focuses on making student's concepts clearer and stronger by including seminar paper presentations its curriculum. I want to pursue my career in the field of finance. That is why I opted to present a seminar paper on "MANAGING CASH FOR YOUR BUSINESS", a seminar paper on Working Capital Management. The seminar paper covers all the components and aspects of Working Capital Management (WCM) and how ...

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Advantages And Disadvantages Of Fixed Exchange Rate Finance Essay

Published Date: 23 Mar 2015

3 Pages (1,120 Words)

Introduction The exchange rate is the rate at which one currency trades in exchange of another currency. Exchange rate is value which is same as any other value, it is the same price to acquire other things, and in this case it is another currency. It is the price of one currency in terms of another. The exchange rate are differs from one country to another country, ...

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A Report Of Pace Leisurewear Ltd Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,249 Words)

Pace Leisurewear Ltd is a manufacturer of casual wear and designer leisure clothes company. Jill Dempsey and Mike Greaves are two co-founder of Pace Leisurewear Ltd. Lots of fresh experience in similar business and new ideas for developing a new range of clothes for young people motivate Jill and Mike to form such business to attracts younger and higher income market. Under guidance of Jane Barker, who ...

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Roles Of Investment Banks In Mergers And Acquisitions Finance Essay

Published Date: 23 Mar 2015

8 Pages (2,991 Words)

BACKGROUND: Â Mergers and Acquisitions which can also be abbreviated as M&A, relates to the corporate strategy, company finance and management of buying, selling and combining of different firms which can assist, finance or help a developing company in a particular sector develop more without generating a need to create different business entity. The history of M&A has evolved in five stages. The process of M&A is triggered ...

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The Introduction And Background Of Sime Darby Finance Essay

Published Date: 23 Mar 2015

11 Pages (4,061 Words)

The 'Sime Darby' in 1910 got the name from two European business partners by name; William Sime and Henry Darby. William Sime, a traveler and adventurer from Scotland, ventured to Malaysia when he was in his late 30s. Sime Darby Berhad is the largest conglomerate in Malaysia and one of the largest in Southeast Asia . Within its territory are more than 270 operating companies in 23 ...

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Recommendation For Cimb Group Finance Essay

Published Date: 23 Mar 2015

11 Pages (4,316 Words)

Maybank Bhd is the largest financial services provider in Malaysia since its incorporation. It has been leading in the banking industry for several years. Maybank was founded by Khoo Teck Puat on 31 May 1960 and commenced operations on 12 September 1960. On 17 February 1962, Maybank was listed on the Bursa Malaysia. The Maybank Group today has over 46,000 employees serving more than 22 million customers ...

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Comparing Financial Ratio Analysis Between Two Companies Finance Essay

Published Date: 23 Mar 2015

3 Pages (1,008 Words)

A financial report or the financial statement is known as an official record of the financial activities of a person, a business, or any other entity. In the British English also including the United Kingdom company rule; a financial statement is frequently mentioned as an account, even though the word "financial statement" is also mostly used, mostly by the accountants. In a business enterprise, all the related ...

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What happened to AIG and why did it fail

Published Date: 23 Mar 2015

8 Pages (3,114 Words)

AIG and its subsequent failure are one of, if not the most well-known company failures in financial history. Of the more recent bankruptcies filed for companies like Enron and Worldcom, the effects and unforeseeable consequences of the failure of a company like AIG would be much more widespread and felt by many more Americans at the lay person level. AIG is primarily an insurance company that sells ...

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Mauritian Banking Sector History And Evolution Finance Essay

Published Date: 23 Mar 2015

5 Pages (1,646 Words)

The Mauritian economy has transformed itself from a poor sugar economy in 1970's to export-led growth strategy. After some time the Export Processing Zone sector was introduced to help to decrease unemployment level and foreign direct investment from Hong-Kong, France and UK increased which led to a better Mauritian economy. The growth of the country was examined by Arbache and Page (2008) from 1975 - 2005 and ...

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Microsofts Risks Faced In China And Chinese Government Finance Essay

Published Date: 23 Mar 2015

8 Pages (3,142 Words)

In the mid-1980s, Microsoft made its first foray into the Greater China region, a region consisting of Hong Kong, the People's Republic and Taiwan. Lured by China's phenomenal economic growth and Chinese engineering talent, Microsoft has progressively deepened it involvement in China. Microsoft has faced significant challenges, such as the widespread piracy of its products, Chinese government pressures to transfer its technology, host government promotion of competitor ...

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Sumitomo Corporation And Yasuo Hamanakas Copper Scandal Finance Essay

Published Date: 23 Mar 2015

7 Pages (2,533 Words)

The financial world had been confronted heavily by trading scandals in 1995, with Japan's Daiwa Bank and the rouge trader, Nick Leeson. When it seemed the scandals couldn't get much worse, the Sumitomo Copper Scandal emerged. This was the biggest scandal in the history of commodities trading and ranked in the top five trading losses in financial history up until the late 1990's. Sumitomo Corporation is a ...

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Direct Transfer Of Money And Securities Finance Essay

Published Date: 23 Mar 2015

4 Pages (1,482 Words)

Financial market is mechanism that allows people transfer of capital between savers and those who need capital takes place. It also is a place where allows people to buy and sell financial such as stocks and bonds. In addition to supporting previously issued financial assets in exchange for loans and financial markets through the promotion of financial assets from the sale of newly issued loans. Examples of ...

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Asset and liability management

Published Date: 23 Mar 2015

12 Pages (4,731 Words)

ASSET AND LIABILITY MANAGEMENT In banking, asset and liability management (ALM) is used to manage the risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. Banks face several risks like the liquidity risk, market risk, interest rate risk, credit risk and operational risk. Asset Liability management (ALM) is a strategic management tool to manage interest rate risk and liquidity ...

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Financial Analysis Of Adidas

Published Date: 23 Mar 2015

7 Pages (2,538 Words)

The story of Adidas Company takes it start in the beginning of 20th century. In 1920, Adi Dassler makes his first shoe of canvas for runners in his workshop in Germany. When producing shoes, A. Dassler followed three main principles: produce the best shoes for the requirements of the sport, protect athlete from injury and make product durable. The trademark of Adidas was registered in 1949 - ...

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Dividend Discount Model and Price Earning Model

Published Date: 23 Mar 2015

13 Pages (5,167 Words)

Financial theory holds that the value of a share of stock is equal to the sum of the discounted future expected dividends. The Dividend Discount (DD) requires two inputs, firstly a forecast of future dividends and secondly, a rate at which these dividends will be discounted to their present value. The appropriate discount rate that will be used is the rate of return available on risk-free investments ...

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Forecasting And Procurement At Le Club Fran Ais Du Vin Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,257 Words)

Le Club Français du Vin is founded in 1973 and had grown to a 10 million Euro per year business in 2004. The mission of Le Club is to offer wines of good to very good quality to its customers in France, Switzerland, and Germany, who receive interesting wines delivered directly to their homes. Every member of Le Club receives an offer of wine every two months ...

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Price Reaction To Merger And Acquisition Announcements Finance Essay

Published Date: 23 Mar 2015

9 Pages (3,280 Words)

Event study of stock price reaction to merger and acquisition announcement has been concerned by experts since it started being developed. The common method to estimate the price reaction around the event is residual analysis, which means that test whether there are abnormal returns before and after announcement date. Also, residual analysis can be used as a mean to test the market efficiency. In this paper, it ...

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Foreign Exchange Risk Management In Multinational Corporations Finance Essay

Published Date: 23 Mar 2015

9 Pages (3,275 Words)

Corporations (MNCs) Introduction: Globalisation has had economic, cultural, technological and political effects. Over the last few decades the increase in globalisation has led to rapid growth in several industries around the world and it has also had a strong influence on the flexibility of firms. Hundreds of new MNCs have emerged globally due to the liberalisation of trade and capital markets. MNCs are not limited to the ...

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Research Methodology into Ratio Analysis of HSBC Bank

Published Date: 23 Mar 2015

9 Pages (3,485 Words)

In this project my aim is to analysis the Ratio Analysis to find financial position of the HSBC bank by using the financial tools and also to know the functions of Internet Banking System in HSBC Bank. This study based on financial statement such as Ratio analysis and financial performance. This project helps to identify and give suggestion the area of weaker position of business transaction in ...

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Impact of capital structure on profitability

Published Date: 23 Mar 2015

11 Pages (4,242 Words)

This study evaluates the impact of capital structure on profitability's of companies in fertilizer sector of Pakistan. Fertilizer sector is on its growth stage and contributes a huge volume to the economy of Pakistan. Data of four large companies from fertilizer sector of Pakistan representing about 89 percent of market share is used for analysis. Regression analysis is used to analyze the relationship between capital structure and ...

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Issues faced in Working Capital Management

Published Date: 23 Mar 2015

15 Pages (5,889 Words)

Working capital management holds an important place in the theory of finance. A large number of tools and techniques have been developed in the past to ensure optimal allocation of funds. Various authors have approached the study of working capital management in different ways. A large number of models, theories and techniques (Baumol 1952, Beranek 1963, Haskel Benishay 1965, Haley and Higgins 1973, Walker 1974) have been ...

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Study On The Function Of Financial Intermediaries Finance Essay

Published Date: 23 Mar 2015

3 Pages (1,041 Words)

Financial institution consists of two parts. They are financial structure and financial market. Financial intermediaries are banking or non-banking which transfers funds from economic agent with surplus fund to economic agent (shortage fund). Economic agents stand from household, firm and government. Bank financial intermediaries are central banks and commercial banks. Non-bank financial intermediaries are insurance companies, mutual trust fund and investment companies. Financial market allows people to ...

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The process in Financial intermediation in the banking sector

Published Date: 23 Mar 2015

16 Pages (6,368 Words)

The financial intermediation is defined as the process which had been carried out by the financial intermediaries as the middleman between the borrower (spender) and lender (saver) to smooth the flow of fund. The financial intermediation called as the process of using the indirect finance in the financial system, which the primary route to transfer funds from lender to borrower. Those savers who have the surplus money ...

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Are Capital Asset Pricing Model Useful Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,111 Words)

The CAPM model has generally been attributed to William Sharpe, but John Lintner and Jan Mossin also made similar individual derivations in 1960s. As a result of the model is even known as Sharpe-Lintner-Mossin (SLM) capital asset pricing model. The CAPM explains the relationship that should exist between the securities expected return and their risk about security returns. It is a direct extension of the portfolio models ...

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Why companies sometimes face difficulties in raising finance

Published Date: 23 Mar 2015

6 Pages (2,297 Words)

Topic: Explain what sources of finance are available for small to medium sized companies and explain why they sometimes face difficulties in raising finance Introduction Due to the establish of modern enterprise system and thoroughly in structural reforms of market economy, there are lot of opportunities contained in the market, but it is also existing many unexpected risks, particularly for the small to medium-sized enterprise (SMEs) which ...

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Trade off theory and pecking order theory

Published Date: 23 Mar 2015

5 Pages (1,945 Words)

The way we think about capital structure in the modern day is based around the Modigliani and Miller(MM) theorem. It states that a market absent of tax, bankruptcy costs and asymmetric information, and in an efficient market, a company's overall market value will not be affected depending on how it is financed. This then forms the basis of the trade off theory and the pecking order theory. ...

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What Is The Cost Of Capital Structure Finance Essay

Published Date: 23 Mar 2015

17 Pages (6,703 Words)

The cost of capital is the cost of a company's funds (both debt and equity), or, from an investors point of view "the expected return on a portfolio of all the company's existing securities". It is used to evaluate new projects of a company as it is the minimum return that investors expect for providing capital to the company, thus setting a benchmark that a new project ...

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Inward And Outward RTGS Payment System Finance Essay

Published Date: 23 Mar 2015

11 Pages (4,083 Words)

The inter-bank transactions form the major lump of the total value of transactions transacted throughout the globe.Â G-10 countries alone have turnover of transactionsÂ worth over US $5 trillion each day, according to estimates.Â Â Globalization of the financial sector realized that it is necessary to have a new system which would reduce the systemic risks.Â There may be serious repercussions over the banking system even on the other side ...

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The features of the United States Dollar

Published Date: 23 Mar 2015

11 Pages (4,195 Words)

The symbol $, usually written before the numerical amount, is used for the U.S. dollar (as well as for many other currencies). The signs ultimate origins are not certain, though it is possible that it comes from the Pillars of Hercules which flank the Spanish Coat of arms on the Spanish dollars that were minted in the New World mints in Mexico City, Potosí, Bolivia, and in ...

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Money Laundering And Its Effect On Indian Economy Finance Essay

Published Date: 23 Mar 2015

12 Pages (4,731 Words)

Money laundering is the process by which money earned from illegal activities is converted to legitimate money. Money laundering has been and is taking place all over the world which in turn is affecting the economy of world. In a growing economy like India money laundering is a growing and serious problem but is mainly confined to domestic activities that are far from being only drugs related ...

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Financial Failure Company

Published Date: 23 Mar 2015

5 Pages (1,980 Words)

Advantages & disadvantages of Altman 'Z' score & Argenti A score model for predicting company failure which is useful to different groups in society and extent to which these models rely on published financial statements. The financial failure of a company can have a devastating effect on the all seven users of financial statements e.g. present and potential investors, customers, creditors, employees, lenders, general public etc. As ...

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Relationship between Assets and Liabilities on Balance Sheet

Published Date: 23 Mar 2015

16 Pages (6,039 Words)

Cement industry indeed a very important part of industrial sector that plays a essential role in the economic development. Though the cement industry in Pakistan observed its lows and highs in recent past it improved during the last couple of years and floated once again. A basic economic decision deal with a financial intermediary is the mixture of assets to buy and liabilities to sell, a decision ...

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Employees' Organizational Commitment

Published Date: 23 Mar 2015

12 Pages (4,416 Words)

Effect of Career Training and Development on Employees' Organizational Commitment Introduction Although considerable research has been conducted over the last two decades to determine how employees' commitment to an organization develops (see Meyer & Allen, 1997, for a review), the potential impact of human resource management (HRM) practices on commitment has received far less attention than it deserves. The results of those studies that have ...

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Impacts Of Riba On The Economy Finance Essay

Published Date: 23 Mar 2015

9 Pages (3,222 Words)

INTRODUCTION The literal meaning of interest or Al-RIBA as it is used in the Arabic language means to excess or increase. In the Islamic terminology interest means effortless profit or that profit which comes free from compensation or that extra earning obtained that is free of exchange. Shah Waliullah Dehlvi a great scholar and leader have given a very concise and precise definition of interest. He says, ...

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The Financial Crisis Of 2008 Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,363 Words)

There were many economic and political factors that lead to the financial crisis of 2008. Specific regulations, companies overstepping their boundaries with leverage, and the housing market bubble are only a few that have been said to have caused it. All of these factors were very important, and some of them are still happening today. The following four companies were on the front pages of almost every ...

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Sources Of Finance For A Public Limited Company Finance Essay

Published Date: 23 Mar 2015

9 Pages (3,335 Words)

Finance is the basic ingredient of a business. Insufficiency or absence of cash can pose a threat for a business. Without cash a business is unable to survive. Various sources of finance help to fulfill the needs of wages, advertising, expansion, payment of interests etc (Pride et.al, 2009). Different sources of finance are used depending upon their maturity period. Each source has its advantages and disadvantages. Sources ...

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The Road To Cashless Economy Using Technology Finance Essay

Published Date: 23 Mar 2015

6 Pages (2,093 Words)

Technology advances almost everyday and affects almost every part of our lives and in every industry. The latest advancement, or idea, is a cashless economy. This would eliminate the need for cash in our economic system. Are Americans ready for this? Can this really work? Americans will definitely need a lot of information before adjusting to this change. The younger generation seems all for it, and is ...

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SWOT Analysis On Standard Chartered Bank Finance Essay

Published Date: 23 Mar 2015

10 Pages (3,645 Words)

I have mentioned introduction and history of standard chartered bank. It is related banking industry. Its product is financial services. Its revenue is $ 12.926 billion for the year of 2009. I have to compare Standard Chartered Bank with 5 private sector banks(Axis Bank, HDFC Bank, Bank of Rajasthan, ICICI Bank, and Yes Bank). The operating income of Standard Chartered Bank is $5.151 billion for the year ...

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What Opportunities Made Cinemexs Success Possible Finance Essay

Published Date: 23 Mar 2015

8 Pages (2,833 Words)

Several factors made it possible for Cinemex to emerge as a highly successful exhibition movie theatre chain. First, the Mexican exhibition market was highly regulated for decades and these regulations established a fixed, low ticket price. This provided a disincentive for exhibition owners to invest in their properties since they were unable to raise ticket prices to compensate for their investments. The end-result was a growing collection ...

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