[pic] 01.01Introduction: The word ‘Bank” refers to the financial institution that deals with money transaction. Banks collect deposit at lowest possible cost and provide loans and advances at highest Cost. The spread between the two is the profit for the bank. There are two different types of banking. One is commercial banking and investment banking. The commercial bank is types of bank which is engaged in banking activities, like; deposit and making loans and other fee based
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HOTEL EXPENSE ACCOUNTING In the accounting terminology, expense is an income statement account representing the cost of items consumed in the process of generating revenue (ex. Cost of Goods Sold) or that expires due to the passage of time (ex. Depreciation Expense). Expense cannot be mixed with expenditure. For, Expenditure represents the purchase amount (whether paid in cash or credited with the Accounts Payable) of a certain asset. To illustrate, suppose, on January 1st, 2001, XYZ Company paid
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BEHAVIOURAL SKILLS IN BUSINESS By Christopher McPhillips Brief: Faboil Ltd has evolved into a relatively successful organization within the biotechnology field. Credit for the company‟s success stems largely from the paternal approach adopted by its founder, Dr Alfred Brownlow, who wishes to retire from the organization, having recently celebrated his 70th birthday. Dr Brownlow has very much „led from the front‟ in terms of developing the product range for Faboil and has had the final say in
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Master List of Logical Fallacies Fallacies are fake or deceptive arguments, arguments that prove nothing. Fallacies often seem superficially sound, and far too often have immense persuasive power, even after being clearly exposed as false. Fallacies are not always deliberate, but a good scholar’s purpose is always to identify and unmask fallacies in arguments. Ad Hominem Argument: Also, "personal attack," "poisoning the well." The fallacy of attempting to refute an argument
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Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer, which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three, team C established four potential outsourcing options. Of those four potentials, RM
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Running head: TESTING WITH A POSSIBLE DEATH SENTENCE Testing With a Possible Death Sentence (An analysis of American mal-practice stemming from the Henrietta Lacks story) Testing with possible death sentence We can perceive past and future medical advancement through two very different lenses. One lens is clean and colorful and paints an innovative and hopeful picture of the present and future, and therefore many folks enjoy looking through it and
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es2013 Luz Gomez Stephanie Gomez 11/20/2013 TJX COMPANIES, INC. TJX Companies, Inc. The Fortune 500 is a list that ranks the top 500 corporations as ranked by their gross revenue after modifications are made to exclude the impact of taxes. As an advisory board, we would like for you to invest your money where we feel that you would make maximum profit. Until a few years ago, TJX entered into the Fortune 500 rankings with a $15 billion revenue and the company has continued to strive ever since
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The National Kidney Foundation (NKF) started off as a charity organization publicly funded to provide affordable dialysis treatment to kidney failure patients. 1. Stakeholders: Their interests and rights 1.2 Due to the nature of NKF as a charity organization, its primary stakeholders are its donors which NKF rely primarily on to finance its operations. Hence, donors wield significant power as they are the major financial lifeline of the organization. The interest of the donors would be mostly
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Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer, which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three, team C established four potential outsourcing options. Of those four potentials, RM
Words: 2424 - Pages: 10
Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer, which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three, team C established four potential outsourcing options. Of those four potentials, RM
Words: 2424 - Pages: 10