...airlines would dominate air travel if there were not strict rules. The freedoms of the air are the fundamental building blocks of the international commercial aviation route network. The use of the terms "freedom" and "right" confer entitlement to operate international air services only within the scope of the multilateral and bilateral treaties (air services agreements) that allow them. The first two freedoms concern the passage of commercial aircraft through foreign airspace and airports, the other freedoms are about carrying people, mail and cargo internationally. The first through fifth freedoms are officially enumerated by international treaties, especially the Chicago Convention. Several other freedoms have been added, and although most are not officially recognised under broadly applicable international treaties they have been agreed to by a number of countries. The lower-numbered freedoms are relatively universal while the higher-numbered ones are rarer and more controversial. Liberal open skies agreements often represent the least...
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...The thesis of central bank This semester we learn the central bank course with Miss Qin. Miss Qin tell us many knowledge of The Central Bank which have caused me to think about it. The Central bank is a special finance organization which be in central position, present a country government to regulate and control finance and the development of economy. Most countries of world have implement central bank system. The Central Bank have a special atrributes determined by it position in national economy. It is the leader and brain of national finance. For the characteristic of The Central Bank's businessl. It have special business object. It business object is government and finance institution, not general people. And it have a special purpose of operation. It's the national government authority. Not for the money but the need of national macroscopic economy. The Central Bank have a series of business privilege. For the fuction of The Central Bank,it stable the development of finance and regulate and control macroscopic economy. With the development of modern economy, the position of The Central Bank have become more and more important. The function of The Central Bank is special also. First, it is issue bank. It is the only bank to issue currency. The power to issue currency is the basic and essential symbol of The Central Bank. The Central Bank will issue currency according to the demand of economy. Regulate and control the gross and circulate of...
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...Abstract There are more differences in how the NYSE and NASDAQ operate than similarities. NYSE operates at a physical address while the NASDAQ takes place on a very complex telecommunications system of buyers and sellers. With all the buy and selling the buying and selling taking place, investors can be misled into an investment that will profit only the seller and leave the buyer broke. The Sarbanes-Oxley Act has been put in place to protect both buyers and sellers from unethical practices. NYSE & NASDAQ The New York Stock Exchange (NYSE) and NASDAQ are places where equities are exchanged between buyers and sells on the stock market. They both are major exchanges that trade a major portion of equities in North America and Worldwide. Both are very different in how they operate and trade equities. The location of these two stock exchanges doesn’t refer to a address but more of a “place” for trading. NYSE’s transaction occurs at a physical address on the trading floor in New York City and the NASDAQ isn’t located at a physical address on a trading floor. NASDAQ is on a telecommunications network where transactions between sellers and buyers take place on an elaborate system of companies connected electronically to each other (The NYSE And NASDAQ: How They Work, 2013). Another difference is the NASDAQ is a market where buyers and sellers are not making transactions with each other directly but through a dealer and the...
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...political, legal and social factors are impacting (BRINGS ABOUT CHANGE/INFLUENCE) upon the business activities of the selected organisations (SAINSBURYS AND BRC) and their stakeholders( PEOPLE OR GROUPS WITH AN INTEREST IN A BUSINESS) INTERNAL STAKE – EMPLOYEES, VOLUNTEERS. EXTERNAL (CUSTOMER, LOCAL, GOVT, LOCAL COUNCIL. ( A Written Report - Maximum of 800 words) Analyse (ADVANTAGES AND DISADVANTAGES. INVESTIGATE) how political, legal and social factors have impacted on the two contrasting (OPP COMPANIES) organisations. ( A Written Report - Maximum of 800 words) Political Factors * Immigration (definition) – govt want to restrict amount of imms coming in. reducing immigration in sainsbury’s will mean they’ll have less choice of food. No diversity. SKILLS Impact. * BR RED CROSS – work with refugees. They need people who speak a particular language so this might restrict skills. Diversity. People from certain countries not allowed in. Benefit payments * Less people on benefits, more in employment. If they’re reducing benefit payments those who shop in sainsbury’s will have less to spend. – sainsbury’s * BRC, less people on benefit – more people to work however, more people in trouble if benefits are being cut they will need more help from charity. Brc will have more work on their hands. Reducing companies debt/ cutting back on govt spending * GOVT They do help business like sainsburys set up business to support places with high unemployment. * GOVT do...
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...A. Provide twelve business terms and definitins that are new to you that are used by this company. Franshisee- Aperosn who buys a franchise Profit- revenue minus expenses Mission statement- outlines the organization's fundamental purposes. Importing- buying products from other countrie Exporting- selling products to another country Contract manufacturing- foreign company produces private label goods to which a domestic company then attaches its own brand name or trademark. Integrity based ethics code- define the organizations guiding alues, create an environment taht supports ethically sound behavoir Corporate social initiaves - enhanced forms of corporate philanthropy directly related to the company's competencies. Insider trading- uses private company infomation to further insers own fortuenes or those of their family and friends. Unified system- this happes after managers have decided a course of action now they need to organize the fimr to accomplish their goals. Middle management- this includes gernal managers, division managers, and branch and plant managers. B. Discuss the organizationl structure of the business relative to these five functinal areas: Marketing - The different forms of marketig, sales, and adverting for Gap are television, radio, credit card discounts, mail, and email. Gap spends a certain amount of money on advertising everymonth, and if they do not feel as though they are getting the response they hoped for they will pull the plug...
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...Apple SWOT Analysis II MGT/521 Management October 31, 2011 Erick Espinosa Abstract Apple is a company that concerned of the environment and has been working for more than 20 years to minimize the impact their products have on the environment. Apple has developed and formulate an environmental policy in 1990 and since then, Apple has continue making their products more energy efficient, eliminating toxic substances. Apple is also the only organization that all the products they sell not only meets but exceeds the firm energy guidelines of the ENERGY STAR specification. In 2009 become the first company to report their total carbon footprint giving the opportunity to their clients to see Apple progress and efforts. Studying the financial statements of Apple investors and also costumers can determinate the health of the company, with the statements investors can decide if is a good investment risk by studying them in depth because the financial statements inform all of the business assets and liabilities and also include information about how much shareholders would receive as dividends from each share of stock. Companies calculate the earnings per share by dividing their net income by the total number of outstanding stock. Apple SWOT Analysis The environment of Apple is unique in this type of industry, because they focus on all the steps that their products pass through, Apple calculate their carbon footprint establishing the impact the company has in the planet...
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...“Critically discussed if there are real reasons why institutional investors should be concerned about the independence and genuine effectiveness of the audit function? Search the findings of academic papers and other published sources to support your view.” Introduction An institutional investor is an organization that invests on behalf of the organization’s members. These investors are a part of corporate governance for companies and they have large amounts of money to invest. In Malaysia, there are five leading institutional investors; Employees Provident Fund of Malaysia (EPF), Pertubuhan Keselamatan Sosial (Social Security Organisation), Lembaga Tabung Haji (Pilgrimage Board), Khazanah Nasional, Permodalan Nasional Berhad (National Equity Corporation) and Lembaga Tabung Angkatan Tentera (Armed Forces Fund Board) have taken various measures over the years to put better governance practices in their investee companies. As they can afford to buy more shares and bonds, sometimes automatically put them as majority and proactive shareholders. They have power to influence over management decision making, conduct regular engagements with management of companies, placing new shares, demand meetings with the senior managements of companies regards to their performance, vote on key issues at general meetings and communicate on other matters affecting shareholders' interest. The institutional investor which is an external party that are independence from the management can be seen...
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...South Khailkur, Barabari, National University-1704, | |Dist# Gazipur. Mobile +8801710912285, moinul_h2003@yahoo.co.in | | | | | | | Career Summary: Dedicated professional with 12+ year's solid Business Management Experience in Sales and Marketing field with Multi Diversified Industries. Professional Experiences: 1. Chief Executive Officer.- Moinul Corporation , July 2000 – Present (12 years 2 months) Dhaka- Bangladesh. We are marketing & sell the product & services for various companies as well as we also supply the various product & services as per corporate companies’ requirements. Our Company has been sourcing & selling, buying the various products for the market in Bangladesh & international firms from Bangladesh for the last 12 years, We are also working as...
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.............................. 7 ETHICAL BEHAVIOR .............................................................. 8 CODE OF ETHICS IN FINANCE AND ETHICAL BEHAVIOR................................................................................... 8 ETHICS IN FINANCE IN DIFFERENT FIELDS ................... 8 NEED OF ETHICS IN FINANCIAL MARKET, SERVICE INDUSTRY AND PEOPLE IN ORGANIZATON: ......................................................................................................... 9 SOCIALLY RESPONSIBLE INVESTMENT ....................................................................................................... 10 ETHICS V/S FINANCE .............................................................. 10 IS FINACE ETHICALLY NEUTRAL ...................................... 11 CORPORATE SOCIAL RESPONSIBILITY ............................11 CONCLUSION.............................................................................. 11 ETHICS IN FINANCE "We can count, but we are rapidly forgetting how to say what is worth counting and why.” -JOSEPH WEIZENBAUM Introduction- ETHICS- Ethics is the study of human behavior which is right or wrong. In general, ethics means doing right things to others, being honest to others, being fair and justice to others. Ethics is a requirement for...
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...EGERTON UNIVERSITY TOWN CAMPUS FACULTY OF COMMERCE DEPARTMENT OF ACCOUNTING, FINANCE & MANAGEMENT SCIENCE NAME: OCHIENG JARED OPONDO REG NO: C12/60275/09 GROUP: A FACULTY: COMMERCE COURSE: BCOM 330; Financial Institutions and markets TASK: TERM PAPER TITLE: COMMERCIAL BANKING IN KENYA PRESENTED TO: MRS. BOSIRE MARY PRESENTED ON: 19TH October 2011 ABSTRACT: This term paper analyses the commercial banking system in Kenya. In particular it focuses on the history of commercial banks from a general perspective then narrows down to Kenya’s context. It looks at the importance of commercial banks in Kenya, the roles/functions of commercial banks. It then focuses on the regulations that govern the commercial banks. Lastly it looks at the contribution of commercial banks to Kenya’s economy. TABLE OF CONTENTS Abstract 2 Table of contents 3 Introduction 4 The history and development of commercial banks 5 Importance of commercial banks 9 Roles of commercial banks 10 Regulations of commercial banks 13 Contribution of commercial banks to Kenya’s economy 14 Emerging trends in banking 17 Summary 18 References 18 INTRODUCTION A commercial bank is a type of financial intermediary and a type of bank. It raises funds by collecting deposits from businesses and consumers via checkable deposits, savings deposits, and time deposits. It makes loans to businesses and consumers. It also buys corporate bonds and government bonds. Its primary liabilities are deposits...
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...……………. 1 MAJOR COMPETITORS OF CRH………… 1 ANALYSIS ………………………………….. 2 SWOT …………………………………………. 2 PEST …………………………………………… 3 FIVE FORCES INDUSTRY …………………. 4 BCG …………………………………………… 4 UPWARD SPIRAL OF CREATIVE BUSINESS ……….5 FACTORS BRINGING CHANGE TO CRH’S INDUSTRY …………………… 6 CONCLUSION ………………………… 6 RECOMMENDATION ……………………. 7 REFFERENCES …………………………… 8 APPENDIX ……………………………. 9 Executive summary: In strategy concepts and applications module assignment I have critically evaluated the competitive position of CRH through the use of positioning tools such as PEST, SWOT, BCG, Five forces industry analysis .i have also identified the driving factors which bring change in the industry. after evaluating all the analysis and factors I have recommended some future strategic options on the basis of relevant theories and frame work for CRH to remain competitive .i have put emphasis on it’s business portfolio composition and product market relationship. through this whole report the...
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...REPORT ON Cash flow analysis of BEXIMCO SYNTHETICS LIMITED Date of Submission: 20/04/2013 Submitted to: Pallab Kumar Biswas Dept. of Accounting & Information Systems University of Dhaka. Submitted by: Rashmin Ridita Dept. of Accounting & Information Systems BBA 16TH BATCH Roll ‐16076 Section‐A Letter of Transmittal To Pallab Kumar Biswas Dept. of accounting & information systems University of Dhaka Subject: Submission of report on analysis of cash flow statements Dear Sir, Enclosed is the report you requested to prepare on cash flow statements on the financial report of BEXIMCO SYNTHETICS LIMITED. This report contains the following particulars • it contains the analysis of financial statements. • ratios of different point of view are shown here • It also shows the comparative analysis of the income statements • It shows the application of different theories(du point analysis, z‐score) I have collected the information from the annual report published that is published yearly. Thank you for giving us the opportunity to prepare this report. I appreciate the chance to apply my knowledge for conducting the research and preparing this report. This whole task broadens our outlook and refines our knowledge of this working capital management course. Sincerely yours, Rashmin Ridita ID‐16076 TABLE OF CONTENT Introduction ...
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...trade and commerce, business firm have to decide from where they will raise fund, where they will invest and how much of the profit will be distributed among the shareholders. “Finance” Came from Latin word “finis” means “dealing with the money”.finace is called the art and science of managing money. At the micro level, finance is the study of financial planning, asset management and fund raising for business and financial institutions. At the macro level, finance is the study of financial institution and financial markets and how they operate within the financial systems in both the domestic and global economics. Scholar’s view: “Finance consists of providing and utilizing the money, capital rights, credit and funds of any kind which are employed in the operation of an enterprise.” _George R Terry “Finance is concerned with the process, institutionsmarkets and instruments involved in the transfer of money among and between individuals, business and governments”. _Lawrence J Gitman From the above discussion, it can be said that finance is the process of financial planning, identification of sources of fund raising, investment of fund, protection of fund, distribution of profit to achieve the goal of the organization. Question-2: What is business finance? Ans:...
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...AN ORGANISATIONAL STUDY AT EASTERN CONDIMENTS PVT LTD: cochin ( Submitted to the kerala University, in partial fulfillment of the requirements for the award of Master of Business Administration) Submitted by; MAYA TV INSTITUTE OF MANAGEMENT AND TECHNOLOGY (Affiliated to Kerala University) Submitted to: Mrs.Deepa (Assistant faculty and mentor for organisational study) OCTOBER 2011 DECLARATION I hereby declare that the dissertation entitled ‘Organization Study at EASTERN CONDIMENTS PVT LTD, KERALA’ submitted to INSTITUTE OF MANAGEMENT AND TECHNOLOGY in partial fulfillment of the requirement for the award of the degree of M.B.A (Master of Business Administration), is a record of original work done by me under the supervision and guidance of Ms.ANN,HR officer , and the project work has not formed the basis for the award for any degree or other similar title to candidate of any university. Place: PUNNAPRA Date:27/10/2011 ACKNOWLEDGEMENT I am deeply indebted to EASTERN CONDIMENTS PVT LTD, for giving me this opportunity to complete my project work in their esteemed organization. I express my gratitude to MR JOHN HR MANAGER for granting me permission to complete my project work at EASTERN CONDIMENTS PVT LTD I am extremely grateful to Ms.ANN,PROJECT GUIDE, for all her guidance, assistance and support. CHAPTER 1 ...
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...whole money to pay out to the house, while some others can’t even afford to invest money for the house they will like to purchase in part this is how home loans have turned out to be a benefit for people who want to buy the home of their choice but cannot afford it at the time. Now day’s home buyers don’t have to worry much about the source of money for their homes. Home loans have made the life of many house buyers much easier. But house buyers should be very careful when choosing a home loan. Before doing anything else. Borrows should make a through research of the current interest rates in the market and then opt or go for any home loan. Buyers could even go for home loans by mortgage. This way the borrowers can get a loan after pledging or securing any asset or securities of their own against amount of money barrowed by them. When getting a home loan the individuals should consider taking care of different aspects related to the home loan. An individual should be very careful when deciding the principal amount of the home loan being borrowed or else the person may end up with a very high principal amount and then he or she will have to pay more interest for the money being borrowed unreasonable. The most popular method of financing a home purchase is with a mortgage. This is a loan that is secured over the...
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