...Liquidity ratio: Current ratio: ACI | Ind. Avg. | 1.13 | 1.43 | Interpretation: In the year 2008 the ACI’s current asset is 1.13 times higher than its current liabilities. In 2008 the company’s current ratio is low than its Industry average. But it’s not very low. So we can say that the company doesn’t keep an excess current asset in hand. So we can say that the current liquidity position of the company is not very bad. Quick ratio: ACI | Ind.avg | .72 | .63 | Interpretation: In the year 2008 the company’s current asset excluding inventory is .72 times higher than its current liabilities. The company’s quick ratio is higher than the industry average. In 2008 the industry average is .63 times whereas ACI have a quick ratio of .72 times. So we can say that the liquidity position of the company is good. Working capital: = current asset- current liabilities =4989161667-4400784166=588377501 ACI had a working capital of $588377501 in 2008. Evaluation: Looking at the above ratios we are certain the company had enough liquid asset to cover up its short term liabilities in 2008, however it is also visible that the company was holding up lot of liquid asset such as cash rather than investing it. Asset management Ratio: Inventory turnover: ACI | Ind . avg. | 2.18 | 3.67 | Interpretation: In the year 2009 the company had sold out and restocked its inventory 2.18 times. ACI’s inventory turnover ratio is lower than the industry average. This indicates...
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...Introduction to Matlab[1] MATLAB( is a computer program by MathWorks, Inc. for people doing numerical computation. Matlab handles numerical calculations and high-quality graphics, provides a convenient interface to built-in state-of-the-art subroutine libraries, and incorporates a high-level programming language. The purpose of this document is to introduce you to some of the basic capabilities of Matlab which you will find useful for a range of data analysis, plotting, or modelling applications. You will learn to work with Matlab by solving a series of exercises to read, analyse and plot a variety of micrometeorological data. 0. Getting started For the purpose of this introduction, we will assume that you will be using Matlab on a PC-Windows machine, although the appearance and functionality of Matlab is largely platform independent. Begin by starting Matlab from the Start menu. The command window will appear, and this is where you enter commands. Matlab is “command driven”, unlike Excel and most other Windows-based programs. In this document the symbol >> represents the Matlab prompt in the command window. Commands following it indicate that you should type these in; Matlab commands or responses are printed in Bookman Font. Pushing the Enter key causes the command to be executed. Matlab has extensive help resources, available under the "Help" tab of the MATLAB window, or type >> help topic. Hint Use the ( key to recall previous commands, which you...
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...Introduction The domestic airline industry has experienced various adversities over the past five years. Rising fuel costs, increased ticket prices, and the recession in 2009 have all threatened profitability and demand. While the industry is expected to rebound, Southwest Airlines was one of the few airlines that did not find difficulty in sustaining profitable operations. Southwest has a reputation for offering low fares with an optimal customer satisfaction rating. The company is growing rapidly and recently purchased AirTran in 2011 (Kelly, 2013). After a thorough assessment of the company’s financial structure and performance using financial and operation ratios obtained from the financial statements, the company has proven to be a unique player in the aviation industry. Management has consistently done their job of maximizing the company’s value of equity despite difficult times. The following report highlights key factors in determining the feasibility of RenDi Corporation forming a five year contractual relationship with SWA. Analysis Table 1.0 – Annual Income Statement Annual Income Statement ($ in thousands) | Year End Dec. 31, 2012 | Year End Dec. 31, 2011 | Year End Dec. 31, 2010 | Passenger revenues | 16,093,000 | 14,735,000 | 11,489,000 | Freight revenues | 160,000 | 139,000 | 125,000 | Other revenues | 835,000 | 784,000 | 490,000 | Total operating revenues | 17,088,000 | 15,658,000 | 12,104,000 | Salaries, wages & benefits | 4,749,000 | 4,371...
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...Journal of International Business Studies (2006) 37, 285–320 & 2006 Academy of International Business All rights reserved 0047-2506 $30.00 www.jibs.net PERSPECTIVE A quarter century of Culture’s Consequences: a review of empirical research incorporating Hofstede’s cultural values framework Bradley L. Kirkman1, Kevin B. Lowe2 and Cristina B. Gibson3 1 Department of Management, Mays Business School, Texas A&M University, College Station, TX, USA; 2Department of Business Administration, Joseph M. Bryan School of Business and Economics, University of North Carolina at Greensboro, Greensboro, North Carolina, USA; 3Graduate School of Management, University of California, Irvine, California, USA Abstract Since Geert Hofstede’s Culture’s Consequences: International Differences in WorkRelated Values (Sage, 1980) was published, researchers have utilized Hofstede’s cultural values framework in a wide variety of empirical studies. We review 180 studies published in 40 business and psychology journals and two international annual volumes between 1980 and June 2002 to consolidate what is empirically verifiable about Hofstede’s cultural values framework. We discuss limitations in the Hofstede-inspired research and make recommendations for researchers who use Hofstede’s framework in the future. Journal of International Business Studies (2006) 37, 285–320. doi:10.1057/palgrave.jibs.8400202 Keywords: Hofstede; cultural values; cross-cultural management Correspondence: Bradley...
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...rehabilitated afterward and if they will become less or more likely to commit more crimes as they grow older. This article makes some very interesting points on this topic, most of which I agree with. Teens who have committed these crimes, including Sarah Kruzan and Jacob Ind, both know that their action was not the best of ideas. The story of Sarah Kruzan goes like this, “At 16, Sarah Kruzan was sentenced to life without parole for killing her pimp ‘G.G.’ Despite the fact that G.G. had abused Sarah since the age of 13, when he put her on the street and made her start working 12-hour shifts as a prostitute, the judge in her case decided the nature of the crime was so heinous that she was, essentially, irredeemable. A widely circulated YouTube video of Kruzan, now 29, discussing her crime suggests the opposite. ‘I definitely know I deserve punishment- I mean you don’t just take somebody’s life and...
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...CHAPTER – 6 HUMAN RESOURCES CLIMATE SYSTEM 6.0 Introduction An organisation's success is determined by the competencies and motivation of the employees. Sincere and capable employees are the assets of any organisation. Individuals can be helped to give their full contribution according to their potentials if the organizations provide right type of human resources climate. This helps to achieve the goals of the organization, and thereby ensuring optimum utilizations of human resources. Congenial Human resources climate is extremely important for development of employees and organizations. Effective implementation of all the human resources system ultimately results in building a congenial human resources climate which promotes growth, development, for individual as well as organization. Many studies conducted on motivation over the past 40 years have shown that the human resources climate in the workplace has a significant impact on employee behavior and organizational results. Congenial and positive work atmosphere can make a lot of difference in the way employees work. This in turn affects the productivity of the organization. The human resources climate is part of the overall organizational climate. Human resources climate is considered as very important part of the overall human resources system. The study of human resources system will never be complete without studying the human resources climate. The human resources climate of any organization depends...
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...GUJARAT UNIVERSITY SYLLABI OF THREE YEARS LL.B. PROGRAMME WITH CREDIT BASED SYSTEM (As prescribed b y the BAR CO UNCIL OF INDI A and as per the Rules of Legal Education, 2008) Effective from the academic year 2011-12 THREE YEARS’ LL.B. POGRAMME First LL. B. Semester – I FIRST LL.B. - S EMES TER 1 (MONSOON ) PE R WE EK S UBJEC TS LEC TURE S OT HER S T OT AL C RED IT S (SE M)29 CORE COURSE 101 L aw of T ort i ncludi ng MV A cci dent And C on sum er Pr ot ecti on Law s 4 1 5 5 CORE COURSE 102 Crim in al Law P aper – I (General P rinci pl es of P en al Law ) 4 1 5 5 4 1 5 5 4 1 5 5 4 1 5 5 1 1 2 2 1 1 2 2 CORE COURSE 103 CORE COURSE 104 CORE COURSE 105 FOUNDATIO N 106 F SOFT S KILL 107 K Crim in al Law P aper – II (S pec ific Off enc es) L aw of C ont ract S peci al C ontr act C on sti tuti on al Hist ory of I ndi a Use of Law J ournal s and L egal S oftw ar e 1 Semester – I Monsoon Semester CORE CO URSE 101 : LAW OF TO RT I NCLUDI NG M V ACCI DENT AND CO NS UM ER P ROTECTION LAWS Objectives of the Course : Wit h rap id industrializat ion, to rt actio n came to u sed again st manu factu rers and industrial un it fo r p roducts injurious to human beings. Present ly the emphas is is o n extend ing th e principles no t only to acts, which are h armfu l, bu t also to failu re to co mply with stand ards that are continuously...
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...Electronic copy available at: http://ssrn.com/abstract=2065057 Financial Ratio Analysis of Square Pharmaceuticals Limited Asif Ahmed ACA Trainee Accountants KPMG in Bangladesh Rahman Rahman Huq Chartered Accountants 9 Mohakhali C/A Dhaka – 1212. ACA Student The Institute of Chartered Accountants (ICAB) CA Bhaban, Kazi Nazrul Islam Avenue Dhaka, Bangladesh Contact E-mail: asif.ahmed0001@yahoo.com Electronic copy available at: http://ssrn.com/abstract=2065057 Financial Ratio Analysis of Square Pharmaceuticals Limited 2 of 24 TABLE OF CONTENTS Page No. Executive Summary 3 Chapter 1 Introduction 4 - 6 1. Introduction 4 2. Objectives of Study 4 3. Scope of Study 5 4. Methodology of Analysis 5 5. Limitations or Problem Statement 6 Chapter 2 Key Financial Highlights 7 - 11 2.1. Overview of the Organization 7 2.2. Key Financial Highlights 7 Chapter 3 Ratio Analysis 12 - 19 3.1. Liquidity Ratio Analysis; 12 3.2. Asset Management Ratio Analysis; 13 3.3. Debt Management Ratio Analysis; 15 3.4. Profitability Ratio Analysis; and 16 3.5. Market Value Ratio Analysis. 17 Conclusion 20 Recommendations 21 Bibliography 22 Annexure 23 Financial Ratio Analysis of Square Pharmaceuticals Limited 3 of 24 EXECUTIVE SUMMARY This paper is mainly an analytical outcome of financial ratio analysis of Square Pharmaceuticals Limited and pharmaceuticals industry. Eleven (11) ratios are selected to judged the various aspects of efficiency of the company, including –...
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...being given to the brand that they acquired. Kornberger (2010) explains brand in a way that “ truth is not from what contain insides things, but it is the knowledge on how we explore about things” I will emphasis on the topic of employee branding which being define and explain by Miles and Mangold (2004) which associate with individualism, job satisfaction, working attitude and behavioral factors, and the effects towards my satisfaction and loyalty towards company that has different working environment such different cultures, values, objectives and organizational management practices. I will also show some of the argument presented by some researchers which associating with employee branding techniques in order to support my working experiences (eg. Davis & Dunn, 2002; Cardy, 2001; Dowling, 1993;Ind, 2001;Mitchell, 2002;). I will also discuss about how emotional connection (David, 1991;Entwistle, 2000; Stuart, 1999b; De Chernatony, 1999; Mael & Ashforth, 1992) associates with the effectiveness of employee branding and also the organizations sales and marketing activities. Since 2009, I had started working as a part timers with Nike outlet store in a shopping mall. I am an athlete, therefore, I have a better knowledge on how a sportsman should have their sports attire. Thus, I had gone through a walk in interview by the outlet manager before being recruited as one of the employees in...
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...Journal of International Accounting, Auditing & Taxation 10 (2001) 139 –156 A study of the relationship between corporate governance structures and the extent of voluntary disclosure Simon S.M. Ho*, Kar Shun Wong School of Accountancy, The Chinese University of Hong Kong, Shatin, N.T., Hong Kong Abstract The primary objective of this study is to test a theoretical framework relating four major corporate governance attributes with the extent of voluntary disclosure provided by listed firms in Hong Kong. These corporate governance attributes are the proportion of independent directors to total number of directors on the board, the existence of a voluntary audit committee, the existence of dominant personalities (CEO/Chairman duality), and the percentage of family members on the board. Using a weighted relative disclosure index for measuring voluntary disclosure, the results indicate that the existence of an audit committee is significantly and positively related to the extent of voluntary disclosure, while the percentage of family members on the board is negatively related to the extent of voluntary disclosure. The study provides empirical evidence to policy makers and regulators in East Asia for implementing the two new board governance requirements on audit committee and family control. © 2001 Elsevier Science Inc. All rights reserved. Keywords: Corporate disclosure; Corporate governance; Voluntary disclosure; Hong Kong 1. Introduction It is commonly agreed...
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...and interdependencies, highlighting simultaneously the business and social implications within the “real” entrepreneurial milieu. The scope of the completed topics notwithstanding, the following five tenets will flow through and will be highlighted as the proverbial “golden thread” within all discussions & readings: “pro – activity and preparation is everything – the rest consists of merely executing it” “to be able to get to know and to manage anybody else, I must be capable of getting to know and to manage myself, to start with” “people won´t buy-in to the vision, until they buy-in to the leader” “miraculous techniques, procedures and strategies simply don´t exist; every technique is only as good, as the individuals working with it” “any company is always and only as good, as its top management”. 2. CONTENTS: Expectable /selected/ market trends & prerequisites of succes “Top- class” firms History of Management Management functions: o Managing vs. Leading? o Planning o...
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...Expenditure 10000 8000 6000 4000 billion RMB Private Consumption Government Expenditure Gross Dom. Fixed Capt. Local Congresses and Governments Autonomous Regions Economic Scenario Gross Domestic Production 2000 0 1991 1993 1995 1997 1999 2001 2003 -2000 Pillar Industries GDP 25000 20000 15000 10000 Billion RMB 12000 10000 8000 6000 4000 Billion RMB Types of Industries 2005 Net Im & Export 1st Ind. 2nd Ind. 3rd Ind. 5000 0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2000 0 1990 1992 1994 1996 1998 2000 2002 2004 % Share In Different Areas Southwest 9% CentralSouth 16% Northwest 11% North China 22% Northeast 18% East China 24% 2006 2006 2005 580 2640 35131 1740 -1- Levin Human Capital Consulting Group Macro Environmental Study in China Money supply Types of Ind. in % share 60.0 50.0 40.0 30.0 20.0 10.0 0.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 1st Ind. 2nd Ind. 40000 30000 20000 Money Supply M2 M1 M0 3rd Ind. 10000 billion RMB 0 1990 1992 1994 1996 1998 2000 2002 2004 2005 Major Economic Activities 10000 Industry Interest rate Year Interest Rate 1996.5.1 1996.8.23 1997.10.23...
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...Babar Road, | |Mohammadpur, Dhaka. | |Phone# 01716280495, | |E-mail: zahir_ahm09@yahoo.com | Objective: Prefer to work in an environment where profession and career advancement will reach up to the highest mark. Professional Experience: 02 July’ 11 - Working As an officer in HR & Admin in GMS Composite Knitting Ind. Ltd. 03 August’ 08 – 01 June 2010 Worked as Lecturer at Sangshaptak College, Dhaka, Bangladesh 01 June’ 09 - 01 August’ 09 Worked as a Client Service agent in BENTEL (a digital call center) 01 March’08 - 15 April’ 08 Worked as a Field Executive at OR-QUEST research farm Academic qualifications: M. A. in English Literature Institution: Jahangirnagar University CGPA: 3.16 Passing year: 2009 B.A (Hons.) in English Language and Literature Institution: Jahangirnagar University CGPA: 3.06 Passing year: 2008 H.S.C Board: Chittagong Group: Science Institution: Chittagong Cantonment Public College GPA: 4...
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...Sexual Harassment Burlington Industries, Inc. V Ellerth Sexual Harassment is a crippling realty in any workplace. Since sexual harassment is considered a problematic issues in today’s realty, the effect of the outcome can be very devastating to any organization, individuals who the victim or the accuser, which is why any harassment situation should be reported, so that others would learn and be aware of violating violates TITLE VII of the Civil Rights Act of 1964. In fact, sexual harassment is not necessary about sex but rather more of power. “In the hands of the wrong person, power can be dangerous. That's especially the case in the workplace, where the abuse of power can lead to sexual harassment” (http://www.sciencedaily.com/releases/2007/04/070403184604.htm) empowerment can mean anything however in a workforce environment it can either have a positive side or a dark side which that is very common in today’s realty. In any organization there are individuals who use empowerment to inspire and there are others who uses as an advantaged on their behalf. What is sexual Harassment? “is defined as unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature such that submission to or rejection of this conduct explicitly or implicitly affects an individual’s employment, unreasonably interferes with an individual’s work performance, or creates an intimidating, hostile, or offensive work environment." (http://www.allisontaylor...
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...Name Kaplan University Practicing Online Research PA201 – Unit 2 Assignment November 22, 2014 1. Give the proper Bluebook citation for the source and also one paragraph summary of its contents: a. Case: 393 U.S. 503 [the case came out in 1969] In December 1965, students of public schools in Des Moines, Iowa wore a black armband to school to show their objections to the hostilities in Vietnam. The principals of these three schools became aware of the student’s plan to wear the armbands on December 16, 1965, and adopted a policy forbidding students to wear the armbands two days prior. Any student wearing an armband would be asked to remove it, or would be suspended for refusal until after New Year’s Day. Though the petitioners, Mary Beth and John Tinker and Christopher Eckhardt, were aware of the regulation that the school authorities adopted, they still wore their armbands to school as planned and were suspended when they refused to remove them. Tinker v. Des Moines Sch. Dist. 393 U.S. 503 (1969) b. Case: 655 S.E.2d 232 Leilani Capp, Grandmother and guardian of Brian Hunter Sykes, filed a suit against Carlito’s Mexican Bar and Grill to recover compensatory and punitive damages when an incident occurred that resulted in Sykes obtaining injuries from a car crash. Sykes’ mother took him to Carlito’s bar, where she drank heavily, drove herself and this child home intoxicated, and then crashed her vehicle on the way home. Capp alleges that a bar...
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