...Possible Solutions The first possible solution would be to conduct the transaction without hedging, as with the previous order. The forecasted bid rate for September 5, 2006 is US 0.4234. If this forecast holds, the amount of the receivable would total $66,265. Since no Weighted Average Cost of Capital was given, we decided to use the effective rate on Baker Adhesives’ domestic line of credit as the discount rate. The annual percentage rate of the line of credit is 8.52%, and the effective 3 month rate comes to 2.1452%, factoring in compounding. After discounting to net present value for comparison purposes the receivable would total $64,874. The profit margin for this method, assuming the forecast to be correct, is 2.0%. This solution imposes a great amount of risk. The current year-to-date standard deviation of monthly exchange-rate changes is 6.53%, meaning that the actual amount that Baker Adhesives will receive could vary greatly. The break-even exchange rate, or the lowest rate at which the receivable would cover the total cost of the order, is US 0.4152. Since this break-even exchange rate falls within one standard deviation of the forecasted bid rate, it poses a threat that the company could realize a loss with the sale if the Brazilian Real depreciated below the break-even rate, however; there is also the potential that the company could obtain a higher profit margin if the Brazilian Real unexpectedly appreciated against the US dollar as opposed to depreciating. ...
Words: 943 - Pages: 4
...CHAPTER ONE INTRODUCTION 1.1 THE PROBLEM AND ITS SETTING Every industry operates within two sets of constraints. Internal constraints are those problems within the organization and over which the enterprise has reasonable amount of control. Personnel problem, capacity utilization and the techniques or process of production are some of such factors. External factors could pose formidable problems to an enterprise. The problems are made more severe by the fact that these problems are caused by factors outside the competence of a given enterprise to control. Examples of such factors are government regulation, traditional or cultural values etc. The bakery industry in Nigeria has been a victim of externally imposed constraint. Hitherto, bakers depended on local millers who produced their vital raw materials, flour from imported wheat. Government banned the importation of wheat and wheat product in 1986, thereby, sending shock waves to this very well established and expanding industry. Wheat products has started to consume an unacceptable amount of the nation’s foreign exchange as the table 1.1.1 below clearly demonstrates, as well as figure 1.1.1 in page 3. Table 1.1.1 Foreign Exchange Spent on Wheat and Food Import 1981 – 1985 Import 1981 1982 1983 1984 1985 N,000 N,000 N,000 N,000 N,000 Total food 1,820,215 1,642,245 1,296,714 843,246 946,567 Wheat 159,422 79,629 255,717 243,067 327,870 C/o of total 9% 5% 20% 29% 35%` Source: Federal Office of Statistics...
Words: 11129 - Pages: 45
...CHAPTER ONE INTRODUCTION 1.1 THE PROBLEM AND ITS SETTING Every industry operates within two sets of constraints. Internal constraints are those problems within the organization and over which the enterprise has reasonable amount of control. Personnel problem, capacity utilization and the techniques or process of production are some of such factors. External factors could pose formidable problems to an enterprise. The problems are made more severe by the fact that these problems are caused by factors outside the competence of a given enterprise to control. Examples of such factors are government regulation, traditional or cultural values etc. The bakery industry in Nigeria has been a victim of externally imposed constraint. Hitherto, bakers depended on local millers who produced their vital raw materials, flour from imported wheat. Government banned the importation of wheat and wheat product in 1986, thereby, sending shock waves to this very well established and expanding industry. Wheat products has started to consume an unacceptable amount of the nation’s foreign exchange as the table 1.1.1 below clearly demonstrates, as well as figure 1.1.1 in page 3. Table 1.1.1 Foreign Exchange Spent on Wheat and Food Import 1981 – 1985 Import 1981 1982 1983 1984 1985 N,000 N,000 N,000 N,000 N,000 Total food 1,820,215 1,642,245 1,296,714 843,246 946,567 Wheat 159,422 79,629 255,717 243,067 327,870 C/o of total 9% 5% 20% 29% 35%` Source: Federal Office of Statistics...
Words: 11129 - Pages: 45
...CHAPTER ONE INTRODUCTION 1.1 THE PROBLEM AND ITS SETTING Every industry operates within two sets of constraints. Internal constraints are those problems within the organization and over which the enterprise has reasonable amount of control. Personnel problem, capacity utilization and the techniques or process of production are some of such factors. External factors could pose formidable problems to an enterprise. The problems are made more severe by the fact that these problems are caused by factors outside the competence of a given enterprise to control. Examples of such factors are government regulation, traditional or cultural values etc. The bakery industry in Nigeria has been a victim of externally imposed constraint. Hitherto, bakers depended on local millers who produced their vital raw materials, flour from imported wheat. Government banned the importation of wheat and wheat product in 1986, thereby, sending shock waves to this very well established and expanding industry. Wheat products has started to consume an unacceptable amount of the nation’s foreign exchange as the table 1.1.1 below clearly demonstrates, as well as figure 1.1.1 in page 3. Table 1.1.1 Foreign Exchange Spent on Wheat and Food Import 1981 – 1985 Import 1981 1982 1983 1984 1985 N,000 N,000 N,000 N,000 N,000 Total food 1,820,215 1,642,245 1,296,714 843,246 946,567 Wheat 159,422 79,629 255,717 243,067 327,870 C/o of total 9% 5% 20% 29% 35%` Source: Federal Office of Statistics...
Words: 11127 - Pages: 45
...Nigerian banks Abstract: Motivated by the substantial changes in the Nigerian banking industry, a survey research was designed to assess the effectiveness of the marketing strategies used by Nigerian banks to cope with the changes in the industry. Overall results from the study show encouraging levels of effectiveness in many dimensions of composite marketing strategies. The findings were discussed along the relevant dimensions of the research, and managerial recommendations were made for efficient and effective marketing strategies in Nigerian banks. Subject: Sales management (Social aspects) Sales management (Political aspects) Goal setting (Social aspects) Goal setting (Political aspects) Public relations agencies (International marketing) Public relations agencies (Political activity) Public relations agencies (International trade) Public relations agencies (Social aspects) Public relations agencies (Political aspects) Marketing (Social aspects) Marketing (Political aspects) Liquidity (Finance) (Social aspects) Liquidity (Finance) (Political aspects) Decision-making (Social aspects) Decision-making (Political aspects) Marketing executives (Surveys) Marketing executives (Political activity) Marketing executives (Social aspects) Marketing executives (Political aspects) Distribution channels (Political aspects) Distribution channels (Social aspects) Marketing research (Social aspects) Marketing research (Political aspects) Community banks (Political...
Words: 9361 - Pages: 38
...Investment Bank (SAIB) 11/9/14, 7:18 PM Home About SACM Education Academic Supervision Academic Accreditation E-Services Emergency ﻋ#ﺑﻲ Job Vacancies for PhD Holders At Jazan University Retail Personal Banking Training Programme – SAIB “Pioneers” Raytheon isGO seeking an Saudi Investment Bank (SAIB) Layalina Productions, Inc. Organization: Saudi Investment Bank (SAIB) Jazan University Saudi Investment Bank (SAIB) Raytheon Company Regional Economic Models, Inc. International Alliance Associate, LLC - Private Equity Virtual Internship International Alliance Associate, LLC IT/Computer Science Internship International Alliance Associate, LLC - Marketing Associate Internship International Alliance Associate, LLC - Research Analyst Internship Saudi Investment Bank (SAIB) Al Kharj Armed Forces Hospitals Derayah Financial CENM-King Abudulaziz City of Science and Technology Alcatel-Lucent Schlumberger Sector: Finance Website: www.saib.com/en Retail Personal Banking Training Programme – SAIB “Pioneers” The “Pioneers” Programme has been specifically designed for entry level graduates with MIS, Marketing, Business Administration, Engineering or relevant Financial, Accounting or Banking related Bachelor or Master's Degree qualifications to acquaint them with the functioning of the retail operations of banks and to equip them with information that is essential at the onset of their banking careers within the Personal Banking Group of the Bank. The programme: ...
Words: 532 - Pages: 3
...1 1. What is International Law? 2. Explain the sources of International Law. 3. Explain the international person with examples. 4. Explain the functions of treaty, conventions and customs. Mock Test 1 1. Explain with examples, the international persons. (20 marks) 2. Explain the significant of below mentioned cases: a) Bank of England v Vagliano Brothers (1891) (10 marks) b) North and South Wales Bank v Macbeth (1908) (10 marks) c) Re Jones Ltd v Waring & Gillow Ltd (1926) (10 marks) d) Jade International Stahi and Eisen Gmbh (10 marks) 3. Examine the importance of below mentioned cases: a) Hillas & Co Ltd v Arcos Ltd (1932) (10 marks) b) Sudbrook Trading Estate v Eggleton (1983) (10 marks) Exercise 2 1. Lickbarrow v. Mason 2. Thompson v. Dominy 3. Pyrene Co. Ltd. V. Scindia Navigation Co. Ltd. 4. Cowas-Jee v. Thompson 5. Dunlop v. lambert 6. Inglis v. Stock 7. Browne v. Hare 8. Wait v. Baker 9. Arnhold Karberg & Co v. Blythe, Green, Jourdain & Co 10. Empresa Exportadora de Azucar v. Industria Azucarera Nacional S.A. (The Playa Larga and Marble Islands) 11. Gatoil International Inc v. Tradax Petroleum Ltd; Same v. Panatlantic Carriers Corporation (The “Rio Sun”) Mock Test 2 (Transportation) 1. Explain the following INCOTERMS: a) CIF (10 marks) b) FOB (10 marks) 2. Explain the significant of below mentioned cases: a) Pyrene Co Ltd v Scindia Navigation Co Ltd...
Words: 1073 - Pages: 5
...Journal of Business & Economic Statistics 27, 417427. Baker, M. and J. Wurgler (2006). Investor sentiment and the cross-section of stock returns. Journal of Finance 61, 16451680. Baker, M. and J. Wurgler (2007). Investor sentiment in the stock market. Journal of Economic Perspectives 21, 129151. Baker, M., J. Wurgler, and Y. Yuan (2011). Global, local, and contagious investor sentiment. Journal of Financial Economics . Barberis, N., A. Shleifer, and R. Vishny (1998). A model of investor sentiment. Journal of Financial Economics 49, 307343. Ben-Rephaela, A., S. Kandela, and A. Wohla (2012). Measuring investor sentiment with mutual fund ows. Journal of Financial Economics 104, 363382. Bergsma, K. and D. Jiang (2013). Let's celebrate! cultural new year and stock returns around the world. Working paper, Florida State University. 30 Bodurtha, J. N., D. S. Kim, and C. Lee (1995). Closed-end country funds and u.s. market sentiment. Review of Financial Studies Vol. 8(3), pp. 879918. Bollen, J., H. Mao, and X. Zeng (2011). Twitter mood predicts the stock market. Journal of Computational Science 2 (1), pp. 18. Brown, W. G. and M. T. Cli (2005). Investor sentiment and asset valuation. Journal of Business 78(2), 405440. Campbell, J., S. J. Grossman, and J. Wang (1993). Trading volume and serial correlation in stock returns. Quarterly Journal of Economics 108(4), 905939. Choi, H. and H. R. Varian (2009). Predicting...
Words: 1408 - Pages: 6
...Business Plan Melanie Thornton Undergraduate Student Table of Contents Title Page………………………………………………………………………………………….1 Table of Contents………………………………………………………………………………….2 Executive Summary……………………………………………………………………………..3-4 Service and/or Equipment Description……………………………………………………….....5-6 Organizational Chart………………………………………………………………………………7 Organization Plan………………………………………………………………………………….7 Marketing Segment……………………………………………………………………………...8-9 Financial Analysis……………………………………………………………………………......10 Typical Income…………………………………………………………………………………..11 Reference Page………………………………………………………………………………….12 Executive Summary Babies are born every day and as states focus more vividly on making sure that the mother’s health is monitored while pregnant, Northwestern Hospital of Evanston is funding the start-up along with the first and second year of operations for a birthing center called, The House of Births. The business will be owned and supervised by Dr. Melanie Thornton, MD as a sole proprietorship. (Edmonds, Olds, McNair, Tsay, 2010, p 288). She will be responsible for maintaining good health for all of her patients and establishing a welcoming and beneficial birthing center. To get a better feel for the atmosphere, during the first year, Dr. Thornton will work side-by-side with supervising doctors and financial officers to help get the business started off on the right track. Dr. Melanie Thornton, M.D., is a specialist in obstetrics, gynecology, infertility, adolescent...
Words: 2439 - Pages: 10
...Driving Inclusive Growth through Experiential Marketing: A Retail Perspective Mainak Kanjilal, Final Year Student, PGDIM, NITIE Utsav Ghosh, Final Year Student, PGDIM, NITIE Dr. Ranjan Chaudhuri, Assistant Professor (Marketing Area), NITIE Study based approach coupled with primary research has been done to arrive at the conclusions. An analysis of the different prevalent formats has been done and based on the findings a framework has been proposed for the business of retail in rural India. Literature review:-‐ Considerable amount of research has gone into defining the key influencers of experiential retail and mechanisms for consumer engagement for business development. Verhoef et al. (2009) recognize the importance of past customer experiences, store environments, service interfaces, and store brands on future experiences. Research on converting a disinterested consumer into sales shows that involved customers likely focus on key product...
Words: 4200 - Pages: 17
...TOPIC: ANALYSIS OF EQUITY SHARE CAPITAL AS A SOURCE OF FINANCE IN AN ORGANISATION RESEARCH PAPERS The 2 research papers under study are 1. The effect of CEO ownership and shareholder rights on cost of equity share capital. 2. What motivates seasoned equity offerings? Evidence from the use of issue proceeds. COST OF EQUITY CAPITAL AND ITS EFFECTS TO THE MANAGEMENT Introduction This paper investigates the cost of equity capital and its effects to the management which intends to hinder shareholders right. The purpose of which is to investigate whether managerial ownership affects the associations between the shareholders rights and the cost of equity capital. There are two variables in the article which can be clearly identified. The variables are; 1) The shareholders rights and 2) The cost of the equity capital. 1) THE SHAREHOLDERS Shareholders should have the right to discipline the managers, who are the employees of the organization, in the case of the mismanagement or the improper use of the funds. The shareholders have right to demand for the success of the organization through competing aggressively in order to gain profitability. The shareholders have right to elect and remove the management from the office and also to access or evaluate the books of accounts of the organization. 2) COST OF EQUITY CAPITAL Rate of return of equity Current market price and the nominal value of equity capital CONCEPTUAL FRAMEWORK THE AGENCY PROBLEMS: THE MANAGEMENT...
Words: 4117 - Pages: 17
...Computer security and Network Security is the means by which business and governments are protecting against computer intrusions and attack to prevent loss of data, information and provided services. Everything is now on computers, peoples whole lives are documented on computers. Big business and the government rely on technologies that use computers, whether it is used for storage, a medium between the customers and themselves or actual work. With all this information and data being stored, transferred and used it needs to be secured. A bank is open to the public; you would not have this bank unsecured would you? There would be security guards, cameras, and a vault. The same mentality to secure your data should be implied if you have a network that is connected to the Internet. You should have software, hardware, and/or personnel monitoring your networks operations and security. All computers and systems that connect to the internet or networks run off software of some type. People called hackers or crackers, manipulate programs, create worms, and viruses to make systems do thing there not supposed to, access places they aren’t allowed, and shutdown or hinder a system from working properly (Dasgupta). Then there are attacks, phishing attacks which come in the form of email that try to lead you to fraudulent sites, Denial-of-service attacks overload servers causing no one to get on or shuts them down. Then there are SQL injection attacks which are used in security vulnerable...
Words: 1949 - Pages: 8
...This paper examines the service quality dimensions of Indian private banks dealing with retail banking. Overall service quality level acts as an antecedent for customer satisfaction. The factors extracted give perceived service quality dimensions which correlate with overall attitudinal loyalty. Overall service quality further tested for any significant relationship with attitudinal loyalty, which is considered to be an important component of retaining valued customers. The data has been collected from 100 valued customers of two private retail banks of Tiruchirapalli. A questionnaireelicited information on socio-demographic variables along with SERVQUAL dimensions of service quality added with three extra contemporary validated variables and attitudinal loyalty variables. The results suggest that responsiveness and reliability of service quality dimensions determine customer satisfaction more than the assurance, empathy and tangible aspects (SERVQUAL score analyzed using Factor Analysis and Multiple Regressions). Overall perceived service quality fosters customer’s attitudinal loyalty through latent customer satisfaction (Tested using Chi-Square Statistics and Correlation Analysis). Increase in service quality of the banks can satisfy and develop attitudinal loyalty which ultimately retains valued customers. Introduction Financial liberalization has led to intense competitive pressures and private banks dealing in retail banking are consequently directing their strategies...
Words: 6745 - Pages: 27
...Maurice Townsend Service Learning Project Baker College June 2, 2014 Curriculum LWCC Food Bank offers an exciting curriculum to teach children and teens about hunger using the best ideas from other food banks and a bit of our own ingenuity. Students will: Learn about hunger What is hunger? Why is food important? Ball throwing mayhem Understand hunger What does it feel like to be hungry? Face hunger Skittles and skid row End hunger Advocacy: know your audience Most wanted charades Empty plates can say a lot Reflect on hunger Helping hands Postcard reflection What do we know about hunger? Standard Comparisons I. Model service learning provides concrete opportunities for youth to learn new skills, to think critically, and to test new roles in an environment that encourages risk-taking and rewards competence. | Students will be asked to define hunger and write their ideas on a piece of paper. Students will then have a discussion over a handout they received on hunger; then they will discuss the definitions of hunger and compare the detentions to their ideas on their paper. | II. Preparation and reflection are essential elements in service learning. | Yes, preparation, preflection and reflection are essential elements of this service learning project | III. The service students perform makes a meaningful contribution to the community. | This team-building activity teaches participants...
Words: 909 - Pages: 4
...IN THE NAME OF ALLAH WHO IS MOST MERCEY FULL AND BENIFICIENT NEW PRODUCT DEVELOPMENT: PROJECT OUTLINE: * Acknowledgement * Mission * vision * Idea Generation * Idea Screening * Concept Development And Testing * Business Analysis i. Demand Estimation ii. Cot estimation iii. Capital estimation * Marketing Plan i. Customer analysis ii. Segmentation iii. Positioning * Marketing mix i. Product ii. Price iii. Place iv. Promotion * Production development * Market test * Commercialization ACKNOWLEDGEMENT All the Acclimations and Appreciation are for Almighty ALLAH, the Compassionate; the Benevolent. That knows the mysteries & secrets of universe. We would like to show the special gratitude to SIR IHSAN-U-REHMAN who provided with us knowledge Vision about the management. At the end, we would like to thank all who directly or indirectly help us in making the report DEDICATION: First of all we would like to thanks ALLAH ALMIGHTY for giving us opportunity to study in such a good institution. We feel pleasure to dedicate this project on BANANA CRISPS to our beloved PARENTS, then our subject instructor SIR HAFIZ IHSAN –UR-REHMAN and at the last to our university that is PUGC. Mission statement “Supporting our environment & community while maintaining a healthy responsibility to our customers through the food we serve Vision statement “Our vision is to provide...
Words: 4566 - Pages: 19
