...Team Members Economic times article and reflective note Should RBI check rupee's rise? Posted on October 20, 2010 | View 124 We expect the Reserve Bank of India (RBI) to intervene in the foreign exchange market to mop up surplus capital flows. This means that the RBI will buy dollars and inject rupee liquidity into the economy. This, of course, is different from imposing controls to turn capital flows away, which we do not expect. Why? Well, the RBI must generate more money to fund growth at reasonable interest rates. Its 100-basis-point hike in cash reserve ratio has pulled money growth down to a tight 15% level. This is clearly insufficient to fund loan demand growing at 20%. Won’t this fuel inflation? Not really. Some monetary expansion is necessary for growth; it is only excessive money supply that is inflationary — the difference between eating and overeating. Second, the RBI needs to inject liquidity to fund government borrowing. Although the Centre and states plan to borrow around Rs 2,000 billion (net) in October-March 2011, it is difficult to see how banks and insurers can put in more than Rs 1,400 billion. This means that the RBI will have to plug the gap either by directly buying government bonds through open market purchase or indirectly by injecting rupees through forex intervention. Third, the RBI needs to recoup the $35 billion of forex reserves sold during the 2008 credit crisis to arrest the deterioration in vulnerability indicators. Short-term external...
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...Ali Farhoomand, Yuen Ying Chan and Pauline Ng; the Asian Case Research Center, The University of Hong Kong, 2007; 30 pages, with teaching notes and DVD. Founded in 1988 and chaired by Lawrence Fung, the Hong Kong Economic Times Group ("HKET Group") started off as a publisher of Hong Kong Economics Times (HKET)--the first Chinese-language financial newspaper in Hong Kong. Launched when the city's economy was booming, the newspaper set out to be the Chinese-language equivalent of the Financial Times and to become one of the pre-eminent financial and business information and service providers in Greater China. Widely recognized for its quality content and leading market status, Hong Kong Economic Times has evolved closely with the economic and business environment of the city, catering to the changing needs of the local business community, such as the addition of a property section during the rise of the property market in the early 1990s and an IT section during the dotcom bubble in the mid- to late 1990s. In the face of new challenges to traditional newspaper industry like the proliferation of the Internet, the HKET Group responds by focusing on two fundamental driving forces that have become the pillars to its success: diversification and differentiation. With a vision to becoming a diversified media group, HKET has branched out to book publishing, multimedia services, electronic information services, recruitment advertising and training. Set in 2006, this case addresses the...
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...impacts the economic system on several stages. The government has already provided producers as well as buyers several incentives and plans in order to entice sales. Given the good reputation for the sector, it will recover over time; however the period of time just like a number of other factors is still not clear to the general public as well as economic experts alike. Conclusion The auto sector is in unstable territory because the country still holds its breath hoping for the best but expecting the worst. This sector has lots of the nation's jobs as well as impacts the economic system on several stages. The government has already provided producers as well as buyers several incentives and plans in order to entice sales. Given the good reputation for the sector, it will recover over time; however the period of time just like a number of other factors is still not clear to the general public as well as economic experts alike. Conclusion The auto sector is in unstable territory because the country still holds its breath hoping for the best but expecting the worst. This sector has lots of the nation's jobs as well as impacts the economic system on several stages. The government has already provided producers as well as buyers several incentives and plans in order to entice sales. Given the good reputation for the sector, it will recover over time; however the period of time just like a number of other factors is still not clear to the general public as well as economic experts...
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...heart of the American automobile industry, Detroit has been riding on its personal and unique roller coaster when it comes to its economic history. In reality, this metropolis has gone through many high and low points, crushing it both economically and socially. The story of Detroit's bankruptcy is simple enough: capitalism took over, campaigns emerged against inequality, the rich fled due to high taxes, and try and fix unemployment.For years Detroit has been...
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...I strongly disagree that people today spend too much time on personal enjoyment, rather than doing things they should do. Because there is economic suppression in many countries, today-living people have more works to do and less time to enjoy and our society is based on certain disciplines. First of all, we all know that governments of many countries have problems with current economic situation and they ask people to work harder to extricate the country from economic chaos. In addition, the rate of unemployment is increasing. Hence people do not have enough time to do whatever they want. Suppose that you are bank accountant who spend most of your time at your office and even you are obliged to wait for extra works. So after finishing your work at the evening you are too tired to go around or join your friends to go to the cinema. So, although you really like to spend your time with your friends, you should go home and take a shower and just lean on a sofa in front of TV because you know that you have to be punctual in your work, otherwise you will lose your career. In addition, in the modern age we have to live based on a certain schedule because all parts of our community are organized and we cannot change the rules and arrangements. For example, if you want to go to a trip, you have to write a request letter and ask your boss for a leave that usually should be done one or two months sooner than your trip and it will take a few days for your boss to grant a leave to you...
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...responsibility should it take? Frame of reference： This problem should be analysis onsocial responsibility levels. What kind of responsibility should undertake by the Mineraland resources enterprisein the society, and what kind of responsibilityshould be taken by stakeholders. Issues Internal BHP as a world's largest mineral enterprisehas 35,000 employees and distribute in 26 countries. In these 26 different countries, BHP needs to undertakedifferentsocial responsibility, but generally speaking there are 4 points. 1. The economic responsibility:Economic responsibilities include the responsibility to shareholders and creditors. Shareholder and creditor of the enterprise arean important class of stakeholders,whether the enterprise implement the social responsibility is related to enterprise's shareholders and creditors anticipated targets are realized.After BHP acquired the Tintaya Copper Mine, the Tintaya Copper Mine has a huge economic benefit, in 2005 won the 389 million revenues, net profit 196 million. 2. The responsibilityto the client: The customersare the enterprise’ products recipients and users, are also the important enterprise stakeholders.Whether enterprise profit and value can be realized, it has a large extent to depend on the customer's choice.BHP as mineral enterprise, which needs to service customers safe, high quality, reasonable pricemineral products, and perfect mineralservice.Peru has the richestmineral resources in South America; the Tintaya...
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...Sun Hydraulics: Leading in Tough Times Case Study Executive Summary Sun Hydraulics, an industry leader of hydraulic valves and manifolds, has seen steady growth over the past eight years. It has been a profitable company throughout the years with varying return on sales. Presently Sun is constrained by declining sales and high labor costs heading into the present recession. The horizontal corporate structure has proven ineffective in ridding itself of low performing employees that are weighing down the company and thus decreasing profitability. It is time for Allen Carlson, president and CEO of Sun Hydraulics Corporation, to address the employees and shareholders of his decision on how Sun plans to deal with labor and profits during these tough times. I recommend that Sun Hydraulics should proceed with layoffs and early retirement plans to effectively and immediately reduce labor costs during the present recession. This approach seen by some as a short-term solution, allows Sun to rid itself of low performers that the present corporate structure has failed to do. Not only will it increase overall moral over time, but also these layoffs will allow current employees to contribute more time towards future growth and less time coaching or babysitting present employees that may be unhappy or underperforming. Organizational Profile/Overview Bob Koski along with another engineer established Sun Hydraulics, describe as the BMW in the Hydraulics Industry, in 1970...
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...As time progresses, I grow more culturally aspiring, as an extravagant diversity blooming around society. Coming from a country of very little economic progression, my family and I had to adapt to the altered lifestyle in the United States of America. Into the new land I go, the words of “Land of the Free and home of the Brave” engraved my view of life. Reminiscing back, I quickly learned the blessed advantage I had growing from a country with opportunity and privileges. With that, reality came crashing knowing that will all of these benefits, I out of all millions of people had a chance of making a life worth living by making the better of myself. Furthermore, I viewed this chance of opportunity in every aspect and strove my inner self to excel in the vary path that would lead me to future success:...
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...Happy Pawws Playground: SWOTT Analysis BUS/475 June 18, 2012 Brad Bergman Happy Pawws Playground: SWOTT Analysis At Happy Pawws Playground they will cater to the family pet’s every whim, with safe and secure pet daycare, boarding, exercise class, and play time. At Happy Pawws Playground, pets will be treated like one of the family with their own room, bed, blanket, and toys. They can also play and socialize safely inside the kitty gym or outside on the secure playground. They will always be carefully monitored by the staff. External Forces Environmental The Happy Pawws Playground is dedicated to the environment and the community (Pearce & Robinson, 2009). Living in the community where the business is located means that the company will be sure to be responsible in taking care of environmental issues in the area. Not only will they be environmentally friendly themselves, but also they will encourage their employees to do so as well. They will also donate time and money to several local environmental agencies in the Branson area. Global In the beginning, the Happy Pawws Playground will not be active in global business because they are a small local company. In time they hope to attract customers from all over the world to their establishment by advertising on their own web sites as well as on social media sites (Pearce & Robinson, 2009). They will also be seeking to open in other locations around the globe for their customers to leave their pets when they...
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...How many times has a person heard about the consequences of drug abuse? Have people ever really taken those consequences into account? Drug abuse is one of the major problems in our society. The causes of drug abuse are really unknown, but the effects of this epidemic are very serious. Many people get used to taking pills or like the way that illegal drugs make them feel. They can easily get addicted and abuse those drugs; that is the problem. The purpose of this essay is to discuss the physical, psychological, and economic effects of drug abuse. The first effect of drug abuse is physical. Physical effects are the most important because these can cause death. For example, drug abuse damages important organs such as the heart, lungs, and liver. Drug abuse can also cause neurological damages, which cause alterations in body movements, loss of appetite, depression, and mood swings. It is possible for a person to overdose on drugs, unknowingly. There are many other effects that drugs have the body. These physical consequences could cause death, or permanent damage to a person's body if too much of a drug is consumed at one time, or even in a long period of time. The second effect caused by drug abuse is psychological. At the beginning, drugs make people feel relaxed, but if someone consumes too much or, at times not enough, it increases anxiety and can lead to depression. Drug abuse also causes a lot of family and legal problems, violence, drastic changes in behavior, suicide...
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...Q. How were technology, economics and the environment involved in the movie? Give an example of how technology, economics and environment were involved short and long term. A. In the movie Lorenzo’s Oil the technology, economics had a great impact In Lorenzo’s life. The short term effects for technology for Lorenzo consisted of the tests that had to take place such as, blood tests, MRI’S, and brain scans to conclude his genetic disorder. Furthermore the short term effects would soon result into long term for technology because of his genetic disorder (ALD) that would be with him for the rest of his life. The long term effect for economics would consist over the fact that Lorenz’s family would result in going into debt do to all the medical attention Lorenzo needed. The debt would over take the family and take much time to over come and be paid off. It would first start with a short term because the family would be finding a method to try and help their young son to live. The environment for a short term effect would be the hospital, because this is where he would go for medical attention and help. In addition school would also be a short term environment because Lorenzo would attend until he would start to develop symptoms and impact him in his daily life. The Long term effect for environment would be where he spent the majority of his time besides being at the hospital. His house, where he was raised, had story time and felt safe. Q.What concepts have wee talked about...
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...environment: Really it was an enriching and eye opening experience in my life. Pastoral and Mission activities are very much affected by political, economic, ecological, social and technological environment. It has a positive as well as negative impact on each person in the parish. This is an attempt to reflect and throw some light on the same. Economic Environment: Most of the people are financially poor in the parishes. Majority of the prisoners are daily workers. They do agricultural and construction works. They are very co-operative and ready to help out when any needs arise in the parishes. They contribute to the church with the limited earnings. Sometime time the government policies are favourable to the farmers, but some time it is totally against to them. Ecological environment: The ecological environment is very much conducive for short term cultivation. Land is fertile and get enough and more rain, so people can cultivate all sorts of vegetables as well as the seasonal crops but people won’t go for that types of cultivation because they get only less profit. Nowadays people are very much aware of the ecological issues, such as water pollution, air pollution and soil pollution etc. Social environment: As we know, Kerala has the highest literacy rate in India. People are well motivated in social, political and economic realms. Our social life is affected by our values, believes, attitudes, culture, tradition, religion and education. There is a favourable atmosphere...
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...INSTITUTE OF MANAGEMENT TECHNOLOGY POST GRADUATE DIPLOMA IN MANAGEMENT – EXECUTIVE (2014–15) Tentative Time Table (Term-IV) w.e.f., June 29, 2015 Day | I8.30–9.45 a.m. | II10.00-11.15 am | III11.30 n -12.45 pm | IV1.30-2.45 pm | V3.00- 4.15 pm | VI4.30-5.45 pm | VII6.00-7.15 pm | VIII7.30-8.45 pm | Monday | | PM-C-201 | | | Strategic Staffing C-201 | | Tuesday | | Sales M*C-101 | | CMAC-C202 | | | | Wednesday | BITC-CC-001 | SBMC-101 | | | LDPC-001 | Thursday | | PMC-202 | | SAPMC-002 | | | Friday | Sales MC-101 | ERPC201 | Int. Economics C-101 | BIBD-AC-002 | | Saturday | | | | | | | Sunday | OAC-102 | WCMC-102 | MACR – C-102IMC – C-201 | QMSSC-102 | * July 7, 2015 8.30 am to 11.15 am * July 14, 2015 8.30 am to 11.15 am Subjects | SubjectCode | | Faculty (Dr. / Prof.) | International Economics | IE | Core | Dr. Kasturi Das | Sales Management | SM | Elective | Dr. S R Singhvi | Strategic Brand Management | SBM | Elective | Dr. Kaushik Datta | The following courses are scheduled with PGDM Full Time Time | Business & IT Consulting | BITC | Elective | Dr. S K Batra | Business Intelligence & Big Data | BIBD | Elective | Dr. Jayanti Ranjan | Entrepreneurship Resource Planning | ERP | Elective | Dr. Poonam Garg | Security Analysis and Portfolio Management | SAPM | Elective | Prof. Varun Dawar | Competency Mapping and Assessment Center | CMAC | Elective | Dr. Seeta Gupta | Performance Management...
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...future. The spread of education, telecommunications and networks made people want to know more about brands and companies. Past great economic growth and development altered people’s needs and expectations from companies, needs moved from being basic commoditized needs to more of an identity requirement. A leader in the field of communications is surrounded with uncertainty and intangible requirements and results. He/she is surrounded by an audience that usually look for certain types of information about the company’s performance or status. Communications comes here to restructure information and to shape it in a certain way to make it compliant with business strategy and the image of a company and to keep digestible as well to the audience. Usually, communications plays a meditation role between the corporate leadership and the audience of information. The role of a communications director is to make sure that he conveys the company’s message properly through medial, branding, events, corporate social responsibility and lobbying. In the process of message delivery, the leader should be aware of the surrounding cultural, political and economic situation. He needs to make the company look and feel relevant to its environment. Increasing relevance of the company to its environment increases trust in it, and trust is reflecting on the economic performance. Communications directors need a lot of emotional intelligence to deal with skeptic public, customer and journalists; especially...
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...civilization, humans tend to categorized immigrants into legal and illegal based on few factors which vary from one civilization to another. Legal immigrants has always play a significant roles in boosting the economic growth of the country. In fact, most of the time, economic factor is the main reasons to bring in legal immigrants to fill up the human resources gap exist in any migrated country. It is proven that some economic superpower would not be at the level they are right now if its not because of migration that took place centuries before. United States for an examples is hardly united themselves or reached the level they are right now should they resist to migration and depends on the Apache Tribe for development and the Cherokees for governing. Same goes to other country country like Australia, Canada and etc. Apart of occupying the unemployed positions, the legal immigrants always, at one particular time will have the tendency to get involved in the economic not only as a small player at the dispense of working in small position, but also as a big or main economic player by venture in enterprenuership. Viewing the situation here in Malaysia as an example, it is obvious as it seen that the legal immigrants or even the illegal immigrant is at all time is increasing their enterprenuership share in the country which perhaps was their initial expertise back home. While the assistance of legal migration is pretty much appreciated, there is also space that really...
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