...Introduction The quantity and quality of available resources and innovations are extremely useful in the explanation of economic growth (Lucas, 1993). Such data is also able to measure various factors e.g. geographical and ecological (Sachs, 2003), and institutional environment in which businesses take place and decisions are being made regarding resource allotments (Gwartney et al., 2006). Moreover, research highlighted a direct link between the significance of service industry and economic growth performance based on US and European data (Bart et al., 2008). Attributable to, however, limited availability of service industry company level data particularly that on economies of scale, policy making in order to increase service industry output rely on previous studies and observation of cumulative global data (Morikawa, 2011). Attributable to the sovereign debt crisis, the quantity and quality of available resources and innovations has undergone serious deformation, which is measured by increased job losses, unemployment, and decreased number of investments. Consumption declined and governments applied various actions to stimulate the economic growth. The three main Industries have been facing tough times and responded differently, whilst these times the service industry has not only been resilient, but also has gone under transformation regarding its structure (Breyers, 2011). The intent in this paper is to underscore the importacy of service industry and prove the following...
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...Name Designation E-Mail Telephone Ext Direct Cell Phone Md. Fazlur Rashid SSSM rashidf@ebl-bd.com 101 . 011 99 81 81 96 Sonia Sultana SCSM(Ops) sultanaso@ebl-bd.com 102 . 01711- 420518 Anar Koli Yasmin SCSM(S & S) yasminak@ebl-bd.com 103 . 01711320583 Md. Ashraful Islam CSM(Cash) islamas@ebl-bd.com 111 . 01819-251324 Mohammed Aftab Uddin Biplob ACSM (Ops) biplobmau@ebl-bd.com 110 . 018 19 82 81 54 Badrudozza Shahid Rajib ACSM (S & S) rajibb@ebl-bd.com 109 . 01716-306616 Tanzeri Hoque ARM hoqueta@ebl-bd.com 108 . 01717-638135 Reshadur Rahman Ranim ARM ranimrr@ebl-bd.com 104 . 01818-592106 S.M.A. Sami Hasnat RO hasnats@ebl-bd.com 106 . 01712-255202 Atia Naz RO nazatia@ebl-bd.com 107 . 018 4144 33 55 Farzana Ahmed ARM ahmedfar@ebl-bd.com 105 . 01674-742253 Syeda Tanzina Quayyum RO quayyums@ebl-bd.com 104 . 01727211882 Mohammad Delwar Hossain CSO hossainmd@ebl-bd.com 114 . 01911-105992 Md. Nahid Newaz CSO newazmn@ebl-bd.com 114 . 01911-812289 Hasna Hena CSO henah@ebl-bd.com 114 . 01729-712478 Debashish Kumer Bar CSO bardk@ebl-bd.com 114 . 01913-768282 Sabina Sultana CSO sultanas@ebl-bd.com 114 . 01937-988279 M.M.Nahid Parves CSO - 114 . 017 15 56 53 48 Priority Banking Tahmina Bari Center Manager (Priority) barit@ebl-bd.com 120 9890609 017 32 84 42 23 Sharfuddin Mozaffar Ali SRM(Priority) alism@ebl-bd.com 120 . 018 19 25 07 74 Afia Akhter ...
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...De La Salle University Ramon V. del Rosario College of Business Management and Organization Department Written Report Submitted in Partial Fulfillment of the Requirements in Human Resource Management with Organizational Behavior Term 2, A.Y. 2015-2016 EMPLOYEE DEVELOPMENT PLAN Submitted to: Dr. Margaret Que Submitted by: Jonathan Geraillo Submitted on: 13 April 2016 Company Overview ABC Company is Asia-Pacific’s leading background screening, end-to-end risk mitigation and talent acquisition solutions provider. Headquartered in Florida, and providing screening services globally, ABC Company pioneered Asia Pacific’s background screening industry and has led the industry in setting background screening benchmarks as it expands operations throughout the region. ABC Company empowers the customer to make quicker, more confident decisions by offering in-depth criminal background checks, public record searches, employment verification, professional and education checks. ABC is a leader in information retrieval with up to 6 million searches a day, assisting thousands of customers - from small companies to global organizations. Human Resource Objectives ABC Company (ABC) Philippines Human Resources should be a business partner in ensuring that business objectives are effectively met as strength is leveraged on talent capabilities and workforce excellence. While corporate mission and programs must always come...
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...The 20th century history of Vietnam was defined by conflict. Between periods of resistance to French colonization, fighting Japanese occupation in WWII, the war with the United States and regional conflicts involving Cambodia and China, Vietnam was left with little time for nation building. Recently, Vietnam has finally experienced an extended period of peace and is using this opportunity to emerge from obscurity and become a major player in the world economy. The nation of Vietnam, officially called the Socialist Republic of Vietnam, is located on the eastern side of the Indochina Peninsula in Southeast Asia. Vietnam is bordered to the north by People’s Republic of China, to the northwest by Laos, to the southwest by Cambodia and to the east by the South China Sea. Vietnam’s long coastline with the South China Sea is of strategic importance as this allows for significant control of this body of water (Burke, 2011). The location of Vietnam was also considered of vital importance during the Cold War. Many politicians and military officials believed that if Vietnam fell to the communists that a domino effect would begin and several other East Asian countries would become communist as well (Moise, 2011). This theory led to the Vietnam War which greatly impacted the history of Vietnam. This war, however, was but one chapter in the Vietnamese struggle for a unified and independent nation. At the beginning of the 20th century Vietnam was a French colony and been a part of French...
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...Introduction: The Fast Economic Growth of Brazil Brazil is the world’s eighth largest economy by nominal GDP and ninth largest by purchasing power parity reached $10,513 in 2010, and is the largest among South American nations and is the second largest in the western Hemisphere after the United States. [1] Despite the fast growth of economy in Brazil last decade, Brazil is still considered a country with fairly high income inequality, the high poverty ratio in the Brazilian communities hindered the substantial growth of its economy. In this paper I am going to introduce the formation of anti-poverty program in Brazil, how the program was processed, and the results of the program. I. Poverty in Brazil Poverty in Brazil is most visually seen by the various “favelas”- slums. Favelas are mostly sprawl in the country's metropolitan areas and remote upcountry regions that suffer with economic underdevelopment and below-par standards of living. [6] From WWII to year 2000, the underlying Brazil's weak growth performance is its highly unequal income distribution and the prevalence of poverty. The poverty and income inequality contribute to sluggish growth, both by constraining many households' ability to invest in human capital and to obtain financing to start small firms, as well as by contributing to the fragility of the political equilibrium. The rate of poverty is in part attributed to the country's economic inequality. In 2000, Brazil ranks among the world's highest...
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...Memo addressing core issues on topic of Ethics in Finance Winter 2011 Hsiu Chang Ethic is useful because it makes business stable and predicable. In a game, a cheater who is not caught will continue to reap huge rewards. However, if the trend continue, it will encourage other players to cheat or leave the game because they are being driven out of business. If a business operator always has to wonder if the other side is playing by the same rule, if a customer constantly wonder if the vendor is overcharging for the invoice, then business slow down, becomes inefficient. However, many cheaters are not caught or punished. "Business Ethics" is the third episode of the fifth season of the television series The Office. One of the female purchasing officer has been sleeping with a vendor in order to get discount for the entire purchasing department, and Outback Steakhouse coupons. When this is discovered, the head of the company turned a blind eye because it is good for the balance sheet (Wikipedia, 2011). Having good ethic provides a clear conscience, and if there was an ethical problem, shared the advantage gained by cheating with the entire team will once again clear the conscience. Ethic in finance is important because it will provide a clear picture of the company. The leader of the company cannot see where the company can go if they do not know where the company is. However, accountant in a non-public company works for the leader and this agents’ fiduciary duty...
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...Running head: WEEK 4 ASSIGNMENT PRODUCT ASSESSMENT Week 4 Assignment Product Assessment Marketing 100 July 30, 2013 Introduction Many people enjoy listening to music nowadays for relaxation or to become more energetic. For whatever reasons a person enjoy music, it becomes an essential part of their lives. In a world where technology continues to grow the once popular music medium known as compact disc are now marked obsolete. Current Target Market In the last four years in a row, cd‘s sales have dropped nearly 20% mainly caused by digital downloads (Christman, 2013). The target markets for compact disc include all people –including different races and incomes. Teens, young adult and older people between the ages of 15-64 which makes up an estimated 61.3% of the population are the main factor for the target market (ACS Demographic and Housing Estimate, 2013). Only 15.9 percent of the U.S household population lives below the poverty level in 2010-2011 (Selected Population Profile in the United States, 2013). The demographic groups selected mean that half of the target market could afford to spend money on non-essential items. Compact Disc Declining in Popularity There are many factors that cause the lack of popularity of music compact disc like social, demographic, the ethnic market, economic, technology, and legal as well as the competitive market. Social factors are the product and the price a consumer will pay for a compact discs. Consumers are also influenced...
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...INTRODUCTION This following report is used to justify the proposed country, India, as the potential country for Global Business Solutions’ client, Rein Wess (RW), to produce and sell their books. Therefore, this report highlights and debates on both aspects presented within the economic environment of India. ECONOMIC ANALYSIS Opportunities • Sustained Economic Growth According to various sources such as FTSE, MSCI (Morgan Stanley Capital International), The Economist and Standard & Poor, India is believed to be a huge emerging market. India’s annual real GDP3 estimated growth is approximately 8% yearly in 2000 to 2008. This suggests that the current economic conditions are largely favourable as the economy is growing strongly and positively despite the GFC4. This provides RW’s business a stable economic foundation to start their business steadily in India. [pic] Figure 1, Source: (World Bank, 2011) & (ET Bureau, 2011) • Large Population Market India’s current 1.21 billion population (Census India, 2011) is expected to grow at 1.3% in 2010. (World Bank, 2011) Of which, 672 million people are in the age-group 15 to 64 years which falls under the "working age population". 50% of India's population is under 25 years of age and there is a higher male to female ratio (Census India, 2011). This is highly favourable for RW because there might be an increase in demand for educational books as both new entrants (mainly males) of the workforce along with...
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...Table of Content Executive Summary 3 1. Introduction 4 1.1 Overview of Harvey Norman Holding Limited 4 1.2 Major Competitor 5 1.2.1 JB Hi-Fi 5 1.2.2 Woolworth 5 2. Capital Structures 6 2.1 Types of Funding 6 2.2 Recent Trends of Leverage 7 2.3 Comparison of capital structure with similar companies 9 2.4 Capital expenditures and its financing 10 2.5 Important factors influencing the use of debt financing 10 2.5.1 Tax Advantage 10 2.5.2 Corporate Tax Rate 11 2.5.3 Credit rating 11 2.5.4 Interest rate 11 2.5.5 Company’s Industry 12 2.5.6 Company’s growth rate 12 2.5.7 Some other arguments about Harvey Norman 12 2.6 Evidence of financial distress 13 2.7 Optimal Capital Structure 14 3. Dividend Policy 15 3.1 HVN’s Dividend history 15 3.2 Competitors Dividend Analysis 16 3.2.1 David Jones Limited (DJS) 16 3.2.2 JB HI-FI Limited (JBH) 17 3.2.3 Comparison 17 3.3 Alternatives of Paying Dividends 18 3.4 Company’s Characteristics 19 3.5 Optimal Dividend Policy 19 4. Valuation 20 4.1 Methodology of valuation 20 4.2 Operating revenue estimation and Future free cash-flow 20 4.2.1 Performance of HVN: 20 4.2.2 Future prospects: 22 4.2.3 Operating Revenue Forecasting: 22 4.2.4 Free cash flow: 25 4.3 Weighted Average Cost of Capital (WACC) 25 4.3.1 Value of Debt and cost of debt: 25 4.3.2 Value...
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...Westminster International University in Tashkent Level 4: Economics Empirical - Brief Country Report 2012 - 2013 COURSEWORK 2 (Word count 1761) To be completed by the student Student’s ID number | 00001992 | Module name | Economics | Module code | BUZE400 | Tutor | Azim Raimbaev | Individual assignment | | Group assignment | | Submission deadline | 25.03.13 | I certify that all material in this coursework which is not my own work has been acknowledged and I am fully aware of the consequences of plagiarism. Signed | For Academic Registrar use only | Outline Introduction 3 I. Analyses of Key Macroeconomic Indicators 3 1. Growth Rate 4 2. Productivity growth 5 3. Output Gap 6 4. Unemployment Rate 6 5. Inflation Rate 8 6. Trade 8 II. Interrelationships between key macroeconomic indicators 9 1. Growth and Unemployment, Okun's Law 9 2. Inflation-Unemployment Tradeoffs, the Philip curve 10 Conclusion 11 Bibliography 11 Introduction Over the years a great deal of works have been devoted to improve the economic performance of one of the sub-Saharan African country, located in the territory of Northern Rhodesia, Zambia. The country gained independence from the British in 1964, and started to operate and be counted as a separate economy. This empirical study analyses the available annual data on key macroeconomic indicators of Zambia for the period from 2000 to 2012 years, and explains the interrelation between these indicators...
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...BRUNEI DARUSSALAM ABSTRACT People seem to forget that they're not the only ones that matter. When doing business with other business people, we need to keep in mind things they make them feel comfortable doing business with us. It's easier to tell what that might be when doing business within the US, but however, nowadays it's essential that we expand our horizons and seek economic advances. To do this we must communicate with others outside our country. However, we mustn't forget social differences and standards they're accustomed too. When doing business with world countries, their social formalities differ greatly from ours, which means we have more things to learn before we come in contact in them. By doing this we eliminate or significantly lower that chances of offending them or creating an awkward situation. This also allows for easier communication, and definitely a better possibility of succeeding in their country. The purpose of this paper is to help expatriates understand Brunei and their culture and practices. INTRODUCTION Brunei is located south east of Asia, bordering the south China Sea and Malaysia. They came into existence when they regained their independence from the UK on January 1, 1984. This makes them a pretty young country, but their economic growth has been significant, where they averaged a 56% growth rate between 1999-2008. This put them as one of the fastest growing GDP/PPP in the world. Not only are they a young country, they are also relatively...
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...Introduction The International Monetary Fund (IMF) is mainly known as the global association that provides financing to member countries which are either developing countries that are in extreme poverty or countries that are faced with severe economic crisis who are no longer able to seek financing from other sources. Along with these loans, training and technical assistance on bettering economic management is offered. The IMF also provides policy advice to governments and central banks based on analysis of economic trends and cross-country experiences as well as research, statistics, forecasts, and analysis based on tracking of global, regional, and individual economies and markets. (About the IMF, n.d.) Currently there are 188 member countries of the IMF which makes the organization extremely important to virtually the whole world. Upon its creation at the Bretton Woods Conference there were 29 member countries who signed the Articles of Agreement in 1945. Between its creation and present day the IMF has helped countries deal with economic crises, and funded growth for many poverty stricken countries. As the IMF has grown into a major global economic body the role of the IMF has shifted from its first purpose of ensuring currency exchange rate stabilization and overseeing of the international monetary system to a major global lending organization and global economic stabilization force. (About IMF, n.d.) “Two years ago the world’s main international economic institution...
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...Gross National Product(2000 data, billion dollars) (product per capita in parentheses, thousand dollars) GDP Yearly Growth Rate Back to politics | Back to history | More statistics | Country | GNP | Per Capita | USA | $10,533 | $38 | Japan | $4,852 | $38 | Germany | $2,242 | $27 | Britain | $1,544 | $26 | France | $1,543 | $26 | China | $1,329 | $1 | Italy | $1,260 | $22 | Canada | $760 | $24 | Brazil | $715 | $4 | Spain | $651 | $16 | Mexico | $578 | $6 | South Korea | $515 | $11 | India | $510 | $0.5 | Australia | $444 | $24 | Netherlands | $429 | $27 | Taiwan | $363 | $16 | Argentina | $300 | $8 | Switzerland | $286 | $39 | Sweden | $275 | $31 | Belgium | $264 | $26 | Russia | $252 | $2 | Austria | $226 | $27 | Turkey | $212 | $3 | Poland | $188 | $5 | Indonesia | $174 | $0.8 | Thailand | $132 | $2 | | Country | % of Global GDP | % of World Population | USA | 32.9% | 4.65% | Japan | 13.4% | 2.09% | Germany | 6.0% | 1.36% | Britain | 4.6% | 0.99% | France | 4.2% | 0.97% | China | 3.7% | 20.84% | Italy | 3.5% | 0.95% | Canada | 2.3% | 0.51% | Mexico | 2.0% | 1.62% | Spain | 1.9% | 0.65% | Purchasing-power parity (2003) Rank | Country | PPP total | PPP/capita | Population | | | ($ billions) | ($) | (million) | | European Union | 10,840 | 28,600 | 379 | 1. | USA | 10,400 | 37,600 | 290 | 2. | China (mainland) | 5,700 | 4,400 | 1,287 | 3. | Japan...
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...Japan: Overview of Economics | Angie Kovachik | BU-501 Economics | | Introduction Japan has had its struggles in the past and even more recent years with economics. Many factors and issues that Japan faces have come into play, therefore affecting their economy. Over the past 70 some years, Japan has however developed into an advanced and rich economy. Japan has a mixed economy that is made up of both private ownership and governmental intervention, including the MITI’s guide of national resources to meet commercial pursuits and the use of keiretsus provide goods and services to end users (Luthans & Doh, 2015). The keiretsu uses a close interlocking structure between manufacturers, suppliers, and distributors. Another characteristic that has helped Japan since the post-World War II era is the guarantee of lifetime employment for a large part of the urban labor force. However, more recently we have seen Japan’s economy slow in growth and corrode because of global factors and the demographic crisis they are experiencing (CIA, 2016). The economy has tumbled into a recession four times since 2008, but did rebound because of government stimulus. The massive earthquake and tsunami that devastated the country in 2011 was hard hitting to Japan in many ways and rippled through the economy that year and the following year. The country saw an upward growth in 2013 due to the Prime Minister, Shinzo Abe’s, “Three Arrows” economic reform. The Three Arrows included monetary...
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...International Political Economy Contents 1.0 Explanation of: 3 1.1 Free Market System 3 1.2 Command System 3 1.2 Mixed Economy System 4 1.4 Islamic Economic System 5 2.0 Introduction 6 3.0 Description of the Malaysian Economic System 7 4.0 What caused the failure of the Free Market System in Malaysia 10 5.0 How does the Government intervene? 11 Reference 13 1.0 Explanation of: 1.1 Free Market System Free market system is an economy where the question is answered by and controlled by the people. It is a market based economy that depends on the law of supply and demand. The values of properties and facilities are set by the participants in the market i.e. suppliers, vendors, businesses, and consumers, in which the government has no role in setting any rules or regulations of prices and resources. In other words, the government does not interfere. It can be often referred to as Barter Trading. Both parties voluntarily agree to exchange something for the other to which he holds value. Which goods are to be produced are defined by the demand and supply rule. In a free market the products chosen by the consumers survive, a deficiency happens at time when consumers need to obtaining more than manufacturers produce. A surplus happens while creators want to sell more than customers wish to buy. Unavailability of a manufactured goods commonly result in value growths in a market economy; surpluses typically consequence in cost reductions. The disadvantages...
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