...Importance of Human Resource Investment for Organizations and Economy: A Critical Analysis Jan Mohammed∗, Mitho Khan Bhatti∗∗, Ghulam Ali Jariko∗∗∗ & Abdul Wahid Zehri∗∗∗∗ Abstract Human resource is the most crucial asset of an organization. The successful performance of an organization, by and large depend upon the quality of its human resources. The quality of organization’s human resources depends upon the extent of knowledge through training and education they have received and their motivational level. Organizations want to utilize their manpower through human resources management. Human resource development (HRD) is one of the most important functions of human resource management. The aim of human resource development in an organization is to maximize the productivity and increase the return on investment of all the organizational stakeholders. HRD is a combination of organizational endeavors including education, training, development, career planning and development that ensure continual improvement and growth of both the individuals and organizations. The foray of workers entering into public and private sector organizations in Baluchistan from various disciplines has necessitated the need for appraising the Human Resource Development situations in Baluchistan. Therefore this article is an attempt to investigate the human resource situations in the province. Keywords: Human Resource Development, Human Resource Management, Training and Development...
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...Chapter 1 UNDERSTANDING INVESTMENTS Multiple Choice Questions Establishing a Framework for Investors 1. Which of the following is the best definition of wealth? a. the sum of all current and future income b. the total of all assets and all income c. the total of assets and income less any liabilities. d. the sum of current income and the present value of future income. (d, moderate) 2. Stocks and bonds would be classified as: a. real assets b. indirect assets c. personal assets d. financial assets (d, easy) 3. Technically, investments include: a. only financial assets. b. only marketable assets. c. financial and real assets that are marketable or non-marketable. d. only financial and real assets that are marketable. (c, easy) 4. The retirement plans that guarantee retirees a set amount of money each month are known as: a. 401(k) plans b. self-directed plans c. defined-benefit plans d. defined-contribution plans (c, moderate) The Importance of Studying Investments 5. The investment professionals that arrange the sale of new securities are called: a. arbitragers b. traders c. investment bankers d. specialists (c, moderate) 6. Another name for stockbrokers is: a. specialists ...
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...BUSN105 - 1304B - 23 Funding Your Own Business The importance of an investment banker is what they do. They are important due to the fact that they are of services that offer to the economy. They offer advice for economic dealings, for example, acquisitions and mergers for businesses. When a business retails new securities in order to increase funds, the representative has the responsibility to the actual buyer for these securities. The investment banker in turn would purchase securities from business and arrange a speedy resell of the securities to the investor’s bankers in order to, investigate research, analyze, distribute and underwrite. Typically, an investment banker will perform all of these functions, although some investment bankers are experts in certain areas. Investment banking assist in businesses with raising monies. It offers investment opportunities to the person or group of people. Most of the businesses develop consultative services from the investment banker in regards to mergers, divestiture and acquisitions. Additionally, due to the importance of the roles that are played of investment banker, the commercial banks do not execute these roles. (Morrison A. 1997). A stock market is an open market that trades the businesses stock or shares. The stock markets function is where the businesses can raise monies for their business by allotting shares to the investor. Furthermore, whereas the investor can buy or sell these shares. Business in turn will benefit...
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... 2 ABSTRACT This essay will cover a list of issues facing the start of a new business and the funding of one. I will talk about the 4 terms investment banker, the stock market, financial management, risk financing, and how each one of them works. I will also discuss 1 of 3 ways that you can use when funding your business. Finally I will identify, describe, and explain everything else that deals with making a funding decision. FUNDING A BUSINESS VENTURE Unit 2-IP 3 Investment Banker Investment bankers are: They are critical figures in financial markets. They are involved in virtually all large financial transactions including mergers and acquisitions, initial public offering, and other securities offerings. An investment banker is someone who also helps companies raise capital by trading in securities and other investments. They function as: Investigation, Analysis and Research (Origination), Underwriting (Public cash offering) and Distribution. Most of the time a single investor banker performs all functions, however some investment bankers are specialized in certain functional areas only. The importance of an investment banker is actually the importance of what they do. They hold importance because of the services they provide to the economy and government. They provide advisory services for financial transactions such as mergers and acquisitions...
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...SCOTT BROWN ABSTRACT: The financial decision in this person’s opinion is the best one that would work for your invention and without all the risks there is a lot to profit from it. The meaning, function, and importance of the four terms provided are as follows. First there is the investment banker, the investment banker is the one that will put the money to fund your project and is very important since you are trying to get your idea up and running with no money and they are the ones that will fund everything from the manufacturing to the advertising. There function is to back your idea and get it made and out to the public. The next is the stock market, this is where if your invention gets made and is successful it would make it to here for others to be able to buy stocks in your product and to be able to profit from all the hard work and great idea you had to make a product better. The importance of this is without the stock market not many people could support your invention and reap the rewards of it. The third one is financial management, this is where you need to see your profits and not spend more than you’re actually making. The function of it is to know how much it takes to make and advertise and how much everyone makes off your idea. The importance of this is that without it you could end up going into debt because you’re not managing your finances properly and could end up going bankrupt if you’re not careful. Last there is the financial risk, the meaning...
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...Yarmouk University Hijjawi Faculty For Engineering Tech Project Management and Quality Control Lecture03 Mwaffaq Otoom & Shadi Alboon 1 Overview What is project selection? What techniques are used to select projects? Project selection models and evaluation factors Numeric models Nonnumeric models Lecture03 Mwaffaq Otoom 2 Project selection Project selection is the process of evaluating individual projects or groups of projects, and then choosing to implement some set of them so that the objectives of the parent organization will be achieved. Managers often use decision-aiding models to abstract the relevant issues about a problem from the plethora of details in which the problem is embedded. Models represent the problem’s structure and can be useful in selecting and evaluating projects. Lecture03 Mwaffaq Otoom & Shadi Alboon 3 What Projects to Bid on Company selection of the projects they will bid on is generally based on: Their own expertise and track record Resources they have available Their chance of winning the bid They do not want to waste that effort on bids where they are unlikely to be successful Preparing a bid is expensive! Lecture03 Mwaffaq Otoom & Shadi Alboon 4 Criteria for Project Selection Each project has different risks, benefits and costs – often much uncertainty. Companies need to be able to evaluate and select those projects that most closely fit the firm’s strategic objectives – always done in the context of competing for limited resources...
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...is the core business discipline which is meant to ensure that financial resources are deployed in the most effective manner, within the best interest of every group of stakeholder. Moreover, the importance the financial management also increases in current business context because of the fact that economic and financial contexts have become uncertain and unpredictable in every region across the world. At the other end, financial management also supports the business activities and operations which include investment decision making, pricing, financial reporting as well as to meet the legal and regulatory obligations. This report also focuses on the different aspects of financial analysis and management to reflect its validity, reliability and usability in practice. The purpose of this report is to understand and examine the different aspects of financial management, which will be helpful to understand the effectiveness of financial management and its different aspects. In order to achieve the report’s objectives, below paper is divided into three parts. First part of the report will discuss and examine the extent to which accounting practices and policies are effective to serve the stakeholders’ expectations. Second section of the report will examine the significance of investment appraisal technique i.e. discounted cash flow, along with the justifications and example. In the last part, the report will focus on...
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...Renee Kelly Week 3 Assignment OUTLINE Topic: “In the United States, we do not need to plan for retirement. Social Security will cover our needs when we are retired.” Thesis: Retirement is a time to break away from a hectic schedule and enjoy life. Retirement also can be a time of change and unexpected challenges. Planning for retirement with a solid financial investment is the key to providing financial security for life’s “golden years.” Relying solely on Social Security benefits to fund your retirement will place your financial security at risk. Organization: Order of importance. Purpose and audience: To show a solid financial plan for retirement is possible at any age, and the importance of not relying on Social Security as a sole means of taking care of day-to-day expenses. This essay is intended for an audience interested in learning how to make wise choices for their retirement, especially those who are planning to rely on Social Security benefits only. I. Relying solely on Social Security to fund for retirement may be a recipe for financial failure. A. Current research states the Social Security fund may be depleted of funds by the time most people are ready to retire in the next ten (10) years. B. Provide government statistics indicating current rate of payouts as opposed to program’s available funds. C. Current economic research showing of increasing...
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...Management with finance programme at your distinguished university because, as long as I can remember, I have had a passionate interest in Business. Since I was eleven, I have known I wanted to be a successful business advisor. As a child, I often accompanied my father to his company specialized in retailing of car accessories and equipment. Looking at those huge machines, collaborators working hand-in-hand to promote the functioning and results of the company, I was fascinated by this world. As I grew up, I progressively came to appreciate the importance of finance in the modern world. At university, I was fortunate to have been exposed to many interesting and challenging fields. I studied business, management, economics and marketing, although, I ultimately chose to major in Finance. These courses impressed upon me the importance of the financial sector in the economy. It is due to my understanding of the importance of finance and investment, coupled with my longstanding interest for this subject that I have decided to pursue postgraduate studies in finance at your prestigious university. I’m profoundly attached to the field of business and particularly to Finance and Marketing. I have studied very hard through the years at university to acquire strong theory bases. Specifically, the resources and expertise available in your university will provide me with a broad and deep learning experience. I am eager to challenge myself in such a setting and learn from renowned professors...
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...an important input in our assessment of the government's capacity to provide support in times of stress.” "The review for upgrade of BDO's, BPI's, LBP's and MBT's ratings reflect our assessment that these ratings would likely benefit from an additional notch of systemic support uplift in the event that the parallel review of the Philippine sovereign debt rating concludes with a rating upgrade," Moody's Assistant Vice President and Lead Analyst for the Philippine banks Simon Chen said. Aside from assessing the government’s ability to extend support, the debt watcher said the current evaluation “will also take into account the systemic importance of each bank, which would influence the government's willingness to extend support in times of stress.” Among the factors that Moody’s will take into consideration in checking on the systemic importance of each of the banks are the bank's market share of system deposits and loans, and the financial institutions’ role in the country's payment system. The statement cited that “the government's...
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...The Importance of Finance Masters in Business Administration The Importance of Finance The field of finance is broad and dynamic. It directly affects the lives of every person and every organization (Gitman, 2009). In recent years, the changing economic and regulatory environments have increased the importance and complexity of finance. Understanding business valuation is critical in business. Analyzing a business’s own value is as important as knowing about the business value of competitors. Business valuation requires both business mind and financial knowledge (Way, 2015). Economic development makes new requirements to enterprise financial management system improvement and development of proposals. The concepts of how you measure value and planning where you want to be in the future are very important. Although a lot of students are never going to be financial managers, a baseline level of knowledge raises the chance of making good decisions, because business managers with financial knowledge can better match available money resources with planned business operations that can generate enough revenue to cover both business expenses and financing costs (Way, 2015). This course is organized with an approach of reinforced coursework to keep the student even is nonfinance specialist in the tune with financial issues and concepts. The book, which been used in the course, is very detailed as well as consistent with the lectures and models. Managerial finance course...
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...rate movement is therefore the fluctuation in the value of a country’s currency when compared to another country at particular time period. The importance of foreign exchange rate on inflow of foreign private investment has been traced by Obadan (1994) who noted that its importance as the center pieces of the investment environment derives from the argument that a sustained exchange rate misalignment in terms of over- valuation or under-valuation is a major source of macro economics disequilibrium which spells danger for investment. A stable exchange rate encourages, foreign and local investor into such an economy. This is because, an over-valued exchange rate discourage export and negatively affect the foreign private investment Salako (2004). Further state that there is a long run equilibrium relationship between investment inflow to Nigeria and variables such as nominal effective exchange rate. A high foreign exchange rate increase the prices of goods and services and discourage exportation while at the sometime encourages importation of goods which are cheaper. This has negative effect on the investment and with such factors investors withdraw their money from such an economy (Solomon, 2012). It is therefore imperative to state that foreign exchange rate is a significant factor that determines investment in any economy with Nigeria inclusive. In recent years, exchange rate has fluctuated considerably. The official and parallel exchange rate depreciated...
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...can pull the attention of many customers. Consumers get to know more and more about the products through marketing. Let's have a brief discussion about the importance of “Marketing”, why it should be prioritized the most in starting a new business venture. Brand/Name & Fame Recognition: Consumers look for “Branded Materials” now a days. So “Brand Recognition” can only be possible with high marketing activities. Marketing is one of the most powerful activities which provides brand recognition to business venture. With Marketing, We get to decide how do we want to rank our company and what we want consumers to know about what we do. We can build a reputation for our brand around our venture's values, benefits and advantages, with consistent effort and great content. Importance on Community: The products of the business venture will be more publicized if “Marketing” gives importance on the mindset of the community. Company should understand in what way they can attract the community. The business acquisition in One community will definitely help the new business venture in cascading it's feedback to other communities and places. So importance on “Marketing” is highly required for a successful business operation. Repeat Exposure: The new business venture shouldn't get worried about their investment on marketing. The business venture should give repeated exposure to it's product. And the best way of giving repeated exposure to the...
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...is the science of the management of money and other assets. This is essential for businesses with importance to capital and holdings. (Titman, Keown, & Martin, 2011) 2. Efficient Market: Efficient market is defined as a price where the holdings show both current as well as relevant figures; the assets fundamentally have their actual prices. The affiliation to finance is that the statement of information efficiency is operating in asset management with respect to their assessments. 3. Primary Market: Primary market is defined as a market relating to new securities where the securities are sold first (Titman, Keown, & Martin, 2011) . The securities are directly purchased from the issuer. This is important in finance ability as an importance of the fact that the growth of long-term capital through the issuance of securities is a necessary issue in finance. 4. Secondary Market: Secondary market is defined as where securities are traded that has earlier been issued within the primary market (Titman, Keown, & Martin, 2011). Usually, the securities are issued in either public offering or private. This is necessary within finance because these markets provide liquidity to stake holders. 5. Risk: Risk is defined as a possibility when the investment might potentially be unsuccessful to receive the expected returns, which may result in the loss of the original investment. It is very important within finance to assess risk so that the possibility of not receiving the...
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...of time and the changes it brings along is not something we are very adept at. The vastness and the diversity of this nation make this task no easier. With a colourful and noisy population, India is perhaps the perfect example of what anthropologist Edward Hall described as a “high-context” society. Such societies are marked by an environment of familiarity and universally-shared polite fiction, where a lot goes unsaid, or is said in just a few words. As a result, much is left to be implicitly understood from context. This inevitably makes the modern historian’s job even tougher, especially given the vagueness and the flowery sense of political correctness of any recorded letter or conveyed opinion. The welcome emphasis in our foreign investment policy on efficient and competitive domestic manufacturing will serve multiple objectives. First and foremost, it will enhance job opportunities within the country; second, it will minimize the imports of such products into the country, thereby mitigating the pressure on our trade deficit; third, in the long run, if not in the near-term, it will help augment and diversify our exports from the...
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