Declaration
This is to certify that the dissertation entitled “Gaining Strategic Advantage through Customer Value”, presented by me to the University of South Africa for the award of the degree of Master of Business Leadership is a bona fide record of research work which was carried out by me under the supervision of Dr Sidney Shipham. The contents of this dissertation in full or in parts have never been submitted to any other Institution of higher learning for the award of ...
Essays on Period Of Time
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In the 19th century William James suggested differentiating two types of memory, primary and secondary memory. Memory is not a system of one psychical function. In contemporary psychology there are usually three types of memory꞉ sensory, short term and long term memory. This paper will reflect on the last two types of memory
Short term memory holds information for a short period of time, up to 30 seconds. This type of memory has limited capacity and scientist usually use the rule of 7±2, which means that short term memory can receive from 5 to 9 units of information. ...
Research – Literature Review
Introduction
Corporate Social Responsibility has become valuable for many organizations and its concept is growing year by year for many companies. Corporate social responsibility is not only followed by manufacturing industry it is has also become an essential part of service businesses because of positive outcomes. Hilton hotel has a group of different hotel businesses in different countries and these all businesses are operating in an efficient way. Top management of Hilton hotel is also attracted for corporate social responsibility but there is not any research conducted which can provide clear contribution of Hilton for corporate social responsibility.
Corporate ...
Abstract
The report presents the results of a microbiological experiment to confirm the hypothesis that as leftover food sits out over time, the number of bacteria in the food will increase. The study was undertaken to indicate the risk of bacterial contamination and the importance of proper storage technique. The study was performed using a liquid food (corn tortilla soup) which was exposed to the external environment at room temperature. The control group in our experiment was the same food stored in a zip lock bag and refrigerated.
The soup was tested over a period of time, which served as ...
Presentation and Analysis of Ancient Greek Art in two specific periods of time – Presentation and analysis of Ancient Greek Art in the Ancient Geometric Period – Presentation and Analysis of Ancient Greek Art in the Ancient Classical Period – Comparison and contrast of these two periods in terms of sculpture and ceramic creations
[The author’s name]
Abstract
This paper will present you with an analysis of the basic characteristics of Ancient Greek Art as it evolved in specific periods of time. It will focus on the presentation of the characteristics of Art in the Ancient Greek Geometric period and in the ...
Value Based PurchasingIntroduction
2007 is considered to be a very important year in the medical field for both medical institutions and patients. This is a time when these Centers that provide both Medicare and Medicaid services (C.M.S) embarked on initiating a program that would ensure higher quality practices in the field (Dlugacz, 2009). The program was dubbed the value-based purchasing program (Dlugacz, 2009). This program was initiated I a bid to directly connect the efforts made by both Medicare and Medicaid facilities towards ensuring quality care for their patients.
In order to measure and also achieve the higher quality expected, the value-based ...
What does Brokeback Mountain (both the story and the film) show us about attitudes toward masculinity in the United States between the 1963 and the 1983 and the possible effects of these attitudes?
The film and the story Brokeback Mountain do not present homosexuality as a positive or negative phenomenon in the society, but as the unaccepted in a certain period of time and environment. The light motive is a forbidden love. While in other love stories the central gap is between rich and poor, different cultures and religions, here, the central issue presents a gap between commonly accepted ...
Introduction
Health is the most important part of our life. Without good health, it is impossible to enjoy life for a prolonged period of time. Health has two components; lifestyle and nutrition. Maintaining a healthy lifestyle goes a long way to keep a person fit. Nutrition is another factor to cherish good health from deep within the body. In recent times, the global health is showing an uptrend in many factors all over the world. The number of child deaths per year has reduced drastically. More people have access to potable water and the maternal deaths per births have reduced ...
Economic evaluation involves the business aspect monitoring and analysis in a company. This analysis is intended to carry out comprehensive auditing of the profit and/or loss making aspects of the company. The end result is expected to put the management of the company in the know that theirs is a profit or loss making venture. During such evaluation, several aspects are considered especially the financial aspects. The analysis is intended to identify the various needs of the company and try to propose practical solutions to the identified needs of the company. Such solutions may include a change in the ...
Question 1
- The formula for bond calculation is as follows
The present value of the bond (price) = c x F x {1-(1+r) ^-t}/r + F/ (1+r) ^t
- C represents the coupon rate of the bond that is the interest rate the bond is offering.
- F is the face value of the bond.
- R is the market interest rate or the benchmark rate.
- T represents the number of times the interest payment is to be made.
- Since the interest is paid semi-annually the bond interest rate per period is 2.75% (5.5 / 2) ...
English
Introduction
In United States society, the majority of people want to be thin and fit. The diet industry in America sells billions of dollars' worth of products each year in order to help people to achieve this goal. Furthermore, there is a new diet popping up every day. From the Atkins diet to the South Beach diet, to the Low Glycemic Index diet, there are a number of diets for people to choose from. But many people still choose good old reduced calorie consumption and a reduced fat intake as a means of losing weight. The question remains, however, ...
Conventional versus Islamic
Y M
Fin399-P
Dr. N E
Abstract:
The current paper relates financial analysis of commercial and Islamic banks in UAE. The aim of this paper is to evaluate financial performance of commercial and Islamic banks in UAE and make appropriate conclusions regarding comparative advantages and disadvantages of the two groups of the banks. The evaluation between commercial and Islamic banks was carried out with the help of financial analysis. Analysis of financial ratios was used as the main technique of financial analysis in this paper. There were four groups of financial ratios analyzed, namely: liquidity ratios, solvency ratios, profitability ratios, ...
Introduction
In the operation of a system, organization or machine, the extent of success lies in its ability to produce the highest possible results within a specified period of time (Boyer & Verman, 2009). This effectiveness focuses on the capacity which is the quality of work done in a defined period of time. This paper explores the differences between peak capacity and effective capacity in relation to production levels. It weighs the various strengths and weaknesses presented by each capacity. A case study of capacity cushions for airlines explores both concepts according to Sasaki (2008). It also expresses how the two ...
Definition
Drought can be defined as weather related disaster where there is a continuous and consistent shortfall of moisture within the atmosphere enough to cause undesirable effects on the ecosystem within a given area over a given period of time. (Warwick, 1975) Drought is caused by a lack of precipitation over a long period of time that results in water shortage leading to adverse effects in the environment affecting plants, animals and humans. What is considered drought in one part of the world may not be considered drought in a different place. For instance what is considered drought in the ...
Introduction
Kodak is a company that has been performing very well in the market for the last many years. It dealt with the production of pictures; a process involved taking photographs and then developing them. The major reason behind the success of the company was that it invested a lot in the advancement of technology. The company was therefore able to maintain a clear lead over its competitors in the market. The value of the company’s shares thus remained high for a long period of time. The inventions of the company involved digital printers and digital cameras. The company however suffered a great deal because it lacked economies of scale in its operations, a fact that exposed it to stiff competition from other players in the industry (Lessing 2005, 67). Recently, the company was declared bankrupt. It had failed to incorporate the new technology it had discovered in its activities. Other companies in the industry had taken advantage of this and adopted the same technology Kodak had invented, removing the company from the market. However, the government has offered to help the company out of the situation. This research paper will evaluate the failure of Kodak Company. It will evaluate various theories and models that relate to the case. In addition, the research will evaluate the role of cultural excellence and organizational learning i ...
It is a well-known fact that human culture reacts to the environment very quickly and efficiently. With the help of analysis of artistic works of a certain period it is easy to conclude what feelings and tendencies prevailed in society at that time. When art of a separate country is considered, it is useful to trace economic and overall situation in it to draw certain conclusions about the environment reflection that is observed in the sphere of art. IF culture and art are considered in such extreme situations as wars, riots, occupations, etx., it is clear that art cannot ...
PART I
Forward contract: This is a type of a derivative contract that involves an agreement between parties on the rate of interest that will be applicable to specified national loans or deposits within a specified time period. The aim of this is to offer the borrower protection against the uncertainty that may result from unexpected rise in the interest rates. For instance, farmers face a significant price risk resulting from the fact that they do not know the price their products will sell at come the harvest time (Melnikov, 1999). The uncertainty resulting experienced in the ...
A Revolution is defined as ‘a drastic and far-reaching change in ways of thinking and behaving’ (Julian 173). One would also say a revolution involves basic changes in power or organizational structures which take place in a relatively short period of time. The Scientific and Industrial revolutions were both a change of life, and changed the way that jobs were created along with how people created different theories regarding different approaches to creation and nature (Julian 173).
The Scientific Revolution was a period of time that included great men of the Middle Ages such as Nicholas Copernicus (1473-1543) to ...
Executive Summary
The strategic plan of Pepsi aims at establishing a clear vision and defined goals of how to maintain market leadership of Pepsi and how it has been able to be the best employer in the recent past. Pepsi Co majority of the times had a dominant position in the market, however, at the same time, it has also faced intense competition from its rival, Coca- Cola. The one type of change that it has experience in the last five years is its Diversity Inclusion Project which is now being led by CEO, Indra Nooyi, who has also ...
Question 1
Management planning is a process of identifying, classifying and analyzing, implementing and reviewing the set objectives and goals of the organization in a given period of time. Planning is a continuous process with its achievements obtained after a specified period of time has elapsed. Management planning is concerned with the future causes of actions by examining causes as well as effects of current decisions made to the future plans. Managers plan in order to take advantage of opportunities and strengths available in achieving their management goals as their organizational function. Management planning is a systematic process that involves predetermined ...
Change Management and continuous improvement are essential parts of a process and therefore in order to ensure that the quality of delivery is optimum, a technique is always required to manage the shortcomings and to improve the quality of production and service. Project management has been widely used in order to create flawless execution systems to achieve any desired output within a specific period of time. Although, project management is a single concept however there are various methodologies that are used in order to cater to multiple organizations, businesses and domains. Apart from project management there are other techniques ...
Chinese martial arts are traditional sports that have developed over a long period of time. The unique features of these arts as suggested by Taoism are conquering the hard with the mild, bigger force by the smaller one and turn slow speed into a faster one. People from ancient china discovered some very useful techniques to attack and self defence as punching and kicking even in exceedingly antagonistic situations. In order of exercising these techniques they were also aware of dealing with the weapons bare handedly which could have been used against them. The Chinese martial arts emerged as ...
In economics, inflation can be explained as a persistent increase in the general price level of goods and services over a period of time. Inflation results in a reduction in the purchasing power per unit of money which means money losses it’s real value over period of time. The inflation rate is measured by inflation index . Inflation index shows the change in percents of general price index also called consumer price index over the period of time. (Mankiw, 2002).
There are described three types of inflation:
1. Demand-pull inflation which is caused by increases in aggregate demand due to increased private and government spending;
2. ...
Introduction
Federal Technical Support Services is a business that deals with the recruitment of workers for its clients. Our company is based in Abu Dhabi, and sources the workers from all the countries in the world. Our company gets orders from clients who require expert workers. Our company wants to recruit experts from all disciplines because it has diverse clients. Our company also offers accommodation to the expatriates when they arrive in Abu Dhabi. We are trying to capture the market for Western expatriates, by providing renting and leasing services. There are many Western expatriates that go to work in ...
Introduction
Nicholas Kurzon’s ‘Sight Unseen’ is an ethnographic documentary film, having claimed about a dozen local and international film distinctions. The documentary focuses on ‘Bali’, an Island Province of Indonesia. Bali has metamorphosed into a great international tourist fascination. The main impetus behind this charisma is that Bali has been encountering a process of ‘Balinese Globalization’. Globalization can be defined as the process of international integration of ideas, politics, economy and products with the inherited cultural change appeal of the mentioned items. Increasing global adherence and appreciation for Democracy, Capitalism, Free Trade, coupled with the resultant advancements in means ...
Introduction
Most of the time, people with flu ignore the disease especially when the symptoms are very mild. Moreover, people think of the flu as a bad cold. However, flu is worse than cold (Williams, 2014). Because of misinformation, there is a necessity for a better information dissemination concerning the flu, its causes, and the flu vaccines. Thus, this report gives information about the flu and the flu vaccine.
The Flu
Flu is a viral disease primarily caused by influenza viruses (CDC, 2014a). Most of the time, influenza viruses attack the windpipe and the lungs. Flu is considered a highly contagious disease, ...
Leadership is perhaps the most widely investigated filed of organizational behavior. This is possibly due to the reason that leadership plays a pivotal role in influencing the dynamics of an organization. Even if an organization is bequeathed with more than adequate resources, absence of effective leadership will lead to the organization not being able to function effectively. According to many theorists of organizational behavior, leaders influence people and that leadership involves influencing people to work toward desired goals. This paper is an analysis of the leadership qualities of the Chairman and CEO of one of the world’s best ...
Executive Summary
China is a very attractive gaming destination in the Asia Pacific region. This city attracts a large number of tourists and international visitors. It has also seen a rapid growth in the establishment of large gaming companies, ever since liberalization for gaming operators in 2002. This must have actually spurred economic growth, and boosted SMEs, which are the economic growth power engines. This paper explores the role of SMEs in an emerging economies, the role of manpower in SMEs, as well as understanding the key success factors of the SMEs in China.
Introduction
SMEs are the growth engines for any ...
1.1 Introduction
In typical industrial applications, the machines and equipment involved require high electrical ratings, like high voltages and high currents. Different machineries have varying voltage and current ratings. These ratings should be followed in order that the equipment operates properly whenever needed. However, undesirable conditions, like voltages and currents above the prescribed ratings (usually called as faults), are not totally unavoidable. In these conditions, damages on the machinery might occur which can cause production issues and problems, and may even be hazardous to humans. These conditions can be avoided by integrating protective circuitry within the electrical systems.
Two ...
Extinction is the phenomenon when a behavior, that was previously observed, disappears from a person when it is not reinforced (Miltenberger, 2012). When extinction is performed constantly over a long period of time, the undesired behavior gradually disappears, in the longer run. However, in the short term, the subject of extinction is likely demonstrates extinction burst. This burst more frequently occurs when the extinction has just started. The burst is commonly a phenomenal increase in the observed undesired behavior. This increase is temporary and does not last for a long time. Extinction is observed in both conditions: operant and ...
THE INEVITABLE
The piece of art chosen for this research paper is titled the inevitable. This piece of art was done by an artist from Sudan known as Ibrahim el salahi. This piece of art has been chosen for this research because it is very rich not only a far as the artistic insight of the artist is concerned but also in terms of the rich history which the piece of art tells. This particular piece of art by el salahi is dated as far back as 1984 and led to el salahi being critically acclaimed for his visionary tendencies and ...
Abstract
Vigilance decrement is one area that psychologists have always worked hard on in order to provide the best methods to top it. In essence, there are several negative effects of vigilance decrement. The loss of concentration when doing something over a long period of time hinders the effective performance of a given task. As such, these problems may seem to be negligible, but in the real situation they have many adverse effects. Completely stopping vigilance decrement is to some extent impossible. This is because of the human nature to lose concentration when exposed to the same task for a ...
Describing the Current Situation, Major Issues in the Case
Information technology has been integrated in health centers in improving patients’ safety and condition. In the recent times, nursing and pharmacy fraternity has employed advanced technological strategies in ensuring operations in health institutions are running smoothly. According to Langley Mason Health (LMH), nursing and pharmacy employees are considering an information technology that could be implemented to help patients’ safety and treatment in the health institution. Marilyn Moore, the chief information officer, acknowledges the importance of such improvement from the aging pumps into smart IV pumps. On the contrary, there are various views within the institution that have resulted into ...
According to John Kao , there are a few major connections between playing Jazz and doing innovation. First and foremost, it is the objectivity of Jazz and that it is the capability which is developed as a result of investment in self over a period of time. That way it becomes ingrained in self, and is something that is very hard to lose. Just as innovation, playing Jazz is not something along the lines of a mathematical formula, which you can learn in a short period of time. Like innovation, it is that deep capability that you build over time. ...
Abstract
This paper presents various aspects associated with chocolate. The paper provides information on how chocolate has evolved over a period of time after its invention. Paper presents; how cocoa cultivated around the world, what are favorable climate conditions for cocoa production, what type of soil is essential for cocoa production and what varieties of cocoa trees are available across the world. The paper further elaborate upon ecological, social and economical factors associated with chocolate.
Chocolate is processed sweet food product that is produced by using seeds of Theorbroma cocoa plant. Chocolate is now liked by majority of the people ...
Business Financing and the Capital Structure
Business Financing and the Capital Structure
Business financial or rather financial planning on a business involves a series of activities that help organizations acquire benefits and maximize their production for the money available. These activities range from the assessment of assets or even resources to the estimation of financial needs that would arise later on or even ensuring that there are plans in place that help maintaining the monetary objectives (Pinto, 2008). The aspects involved in this structure include: investments, allocation of assets and managing the risks in the business. It may also involve taxes, planning for estates and ...
Music of France is very rich and presents an array of styles. French music has a long history and available sources suggest the same started somewhere around 10th century. French music provides a number of variety and different styles that proves its opulence. French music has succeeded in earning a big reputation and has a long history of entertaining people over a period of time. French music is an integral part of French life and holds a very significant role in life French culture. This paper discusses French music and delves deep into history to examine French music and ...
[Your Full Name]
Problem 1
Opportunity Cost
- Define the term “Opportunity Cost”
Opportunity cost is the value of the foregone mutually exclusive alternatives. When choice are to be made between several mutually exclusive alternatives in terms of decision making, opportunity cost is the value of alternative that is forgone due to selection of some other alternatives. Generally, opportunity cost is the value of next best alternative that can be achieved with same input. For example: George had $2 in his pocket which is enough to buy either a cup of tea or a cup of coffee. Among them ...
The generic drug industry is known to provide consumers with quality, safe and effective drugs at cost cheaper than those of brand-name drugs. Brand name products are usually higher in price than their generic equivalents. For instance, while the cost of 20mg Prozac antidepressant goes for $2.9, its generic sells at only $0.91. Additionally the while the cost of 15mg BuSpar, a different depressant sells at $2.3, its equivalent generic is sold at only $0.98 (Maisto and Mark, 14). Generally, it is very unusual to find the price of the generic drug going beyond 40% of the cost of ...
Abstract
South England is going through a transformative time due to the severe housing shortage that it faces. Southern England is facing such a severe shortage of housing that it will need to create nearly two million residential homes before the year 2016, indicating that there is a serious need for quick action on the part of developers. However, there is also a need for sustainable housing to be created in South England, as global climate change and other environmental problems loom large on the horizon. Determining the ways to maximize sustainable housing solutions while still providing fast, cost-effective housing ...
Introduction
In existing period of time, due to the increasing intervention of technology in business practices, the norms and trends of business operations have been changed quite significantly. Nowadays, internet has become one of the major aspects of business practices undertaken by business organizations. The presented paper is directed to reveal some crucial information regarding e-commerce business operations and different measures undertaken by small scale business organizations for preventing risks associated with their e-commence related business activities.
Advantage and disadvantages of undertaking small business through online measures
Internet can be proved one of the most effective ways through which a business organization can approach its customers and sell its products ...
Introduction
In existing business environment, there are some critical issues such as volatility in the market and intensive competition, which has make business operations complex for organizations. In order to address such critical problems, it has become quite essential for companies to make some strategic change in their operational framework in frequent manner so that requirements of the external business environment can be met efficiently. In context to this, the paper aims to shade some intensive lights over some crucial changes introduce by Home Depot for being competitive and successful in the market.
Inducing cultural changes within the organization is ...
Question 1
Paleolithic period refers to the stage of human development characterized by the early life which involved the Stone Age in relation to tools and weapons. This is the earliest stage in the lives of human beings history. The technical human prehistory is well covered in this period or era. The stone tools and weapons as well as stone sculptures were the distinct characteristics of this age. The human activities during this period were hunting and gathering as well as scavenging wild animals. In this period, wood and bones were also used in making of tools and other useful elements ...
Abstract
The principle purpose of this paper is to study about the correlation between musculoskeletal disorders and the related ergonomic risk factors. MSD (musculoskeletal disorders) being one of the most predominant causes of disability at work, it is essential to be aware of their work-related causes, risk factors and their possible preventions or controls. This has been highlighted in the paper, along with a background study of Ergonomics. A thorough knowledge of ergonomics is also applied to the understanding of MSD. The paper also throws light on the various work-related hazards, whose thorough knowledge can be of help for preventive ...
- Introduction
The human brain plays an instrumental role in the cognitive stability of human kind. The process of memory consolidation and retrieval entails complex biological mechanisms. This paper gives a common assessment about human memory from the beginning to end. The description of this process will include biology and neuroscience, identification of each step in the human memory, factors that might impede the process of human memory, interferences in the process, and an explanation of the different kinds of memory loss.
- The Biology and neuroscience.
- Identification and description of each step in the human memory.
There ...
- What is the "Third Way?" Is it a good or bad strategy? Why do you say this? If you were CEO of the company would you endorse it? Why or why not?
Vanity Fair is one of the biggest apparel companies in the world. The company started with several company-owned manufacturing facilities that became very efficient (i.e. they set the standard in the industry) but because of the company’s growth plans, they had to source production from international suppliers. This put a huge pressure on their capabilities to manage their supply chain efficiently, given that they still ...
This paper is the result of extensive research, and as such is the original work of the author. Any information that has been borrowed from other authors has been properly cited to avoid plagiarism, which is an academic offense
1.0 Introduction
This document will examine the medical condition of binge drinking. It will cover two types of treatment and the health professional involved in the preparations of these treatments. Binge drinking or heavy episodic drinking is defined as blood-alcohol levels [greater than or equal to] 0.08g% in a two hour period. (Diguarde, 2008). It is known to be extremely ...
A brand can be defined as the term, name, symbol, design or other features that identifies the goods or services of a seller as distinct from those provided by other sellers. In the past, branding had been used to differentiate a person’s cattle from others people’s by use of a distinctive symbol that was burned into the skin of the animal using a hot iron stamp and this branding was adopted in business, advertising and marketing. An example of a modern brand is the Coca Cola which is owned by the Coca-Cola Company.
Brands are usually the ...
There are various differences between an income statement and a balance sheet. As a matter of fact, the difference can be focused on purpose, time period covered, as well as the subject. By definition and income statement is a financial statement that defines and measures the financial performance of the company in a specific period of time. In fact, an income statement is one of the three financial statements in an organization. On the other hand, a balance sheet is another type of financial statement that shows various financial balances. It is a snapshot of the financial condition of ...
1.0. Background of London woods Limited
This is a private limited liability company that specializes in the production of furniture for sale to wholesale, retail and private use. It has been in business for the past five years and currently it employs 50 personnel that work within the company. It operates in the domestic market. The company was founded by three young men that were carpenters, Billi Kid, Bengazy and Lee Jones. These young men were energetic and they had appointed Operations Director aged 25 years. The operation's director's name was Mathew Do It. He is an innovator who ...
Addiction is a dangerous chronic disease which comes in many forms such as drug use, gambling habits, sexual behaviors, the addiction to food and the desire to have an abundance of money that is obtained by any means. Addiction has created destruction in many families, crumbled prosperous lives and has even ended in the death of the addict, Is there a cure for an addict. The answer is no however it can be managed by empowering the addict with knowledge of the disease, taking actions to control the addiction and treating the disease.
2.The difference between addiction and dependency.
...
Introduction
There are various situations and events in life which people are able to recall in a particular time while there are other cases when people will completely forget particular events no matter how important they could have been. For instance, in an attempt to test the memory of different types of people, they may be asked to list the names of the kids who they studied in preschool and most people will have difficulties remembering all of them. This means that the ability of a person to store and retrieve information is influenced by short and long memory as ...
A discussion of story of job and Kubler’s grieving stages
Abstract
Loss is inevitable. Every life is faced with several losses from losing jobs and money to losing our loved ones. Though some losses are irreversible and the trauma might extend for longer period of time as compared to other losses that can be replaced with other options. Dr Elisabeth Kubler-Ross introduced a theory of some stages of grief that a person goes through. The modern theology and spiritual healthcare recognizes her school of thought for counselling and comforting a grieving person.
The following essay discusses the theory presented by Dr Ross and compares this theory with ...
Introduction
Economic growth and policies are important for a nation like China which is considered the second most powerful nation in the world. When such an economy faces slow growth despite potential investments, there is a concern amongst its policy makers. This report discusses how China’s economists are planning to increase their economic growth as well as in depth analysis of economic concepts discussed in the newspaper article that has been chosen.
Article’s Summary
World’s second – largest economy, China faces an export slowdown and the reason for this situation is said to be Europe’s debt crisis. Considering the export ...
BUSINESS REPORT
Executive Summary
Corvette sells luxury sports cars and has just signed a contract to sell some of the cars to various customers around the globe. The selling prices for the cars are fixed and are set at the local currencies of the countries where the cars are being sold. However, there is uncertainty in the exchange rates in different countries. The Bank of America has provided them with estimates of the mean and standard deviation. HSBC has offered to pay a sum of $2,150,000 in return for the revenue in local currencies and the management of Corvette ...
Introduction
Value of a risk (VaR) is widely defined as probabilistic measure of market risk. Financial analysts use VaR to predict the future value of the market portfolio. Previous scholars who invented this idea of VaR did not use the name value of a risk. However, names like dollar at risk (DaR), income at risk (IaR), capital at risk (CaR), and earning at risk were used in place of VaR. The name ‘value at risk’ originated within JP Morgan before 1985.
Historically, value of a risk was developed though two parallel line. One of them was called Portfolio theory and ...
Balance sheet
Balance sheet can be defined as a financial statement which shows the financial position of a business as at a particular time. It has two parts one of them shows all the assets that the company owns and the other side shows the liabilities as well as the shareholder’s equity. (Barry J. & Epstein, E 78).A balance sheet is always prepared as per a certain date. For instance, a balance sheet dated 31st December 2000, shows the financial position of the business for the year 2000.In simple terms, a balance sheet may be defined as a financial statement ...
Dell Computer Cooperation
Supply chain management (SCM) is the putting together of science and art that goes into progressive improvement on the ways that the company uses to obtain raw materials that are used to make a service or product that is eventually delivered to the customer (Harland, 2000). To understand the procurement and the supply chain management fundamentals, it is essential to put together all the management activities into three categories: operational, tactical and strategic. Some of the strategic activities include the formation of solid relationships with customers and suppliers, and integration of information technology within the supply chain. Solid ...
Reflective Essay
In the past I had a friend who was very close to me. Friendship with that person was important to me and made my life happy. And when one day I found out that she was moving to another country, it changed my life forever. Below I want to describe this experience, some problems it caused for me and the way I solved them.
My friend’s name is Alice. We were friends since childhood, because our families lived in the neighboring houses. We used to spend a lot of time together, inventing some funny games and ...
Part 1
Gross domestic product (GDP)
This is the total monetary value of all goods and services that are produced by a country excluding the goods and services produced abroad usually in a period of one year. It consists of public and private consumption, investments, government expenditures and the net exports.
Real GDP
This the total monetary value of goods and services produced within a country’s borders in a certain period of time and whose value has been adjusted to accommodate the inflation rate in that period. It can also be referred to as inflation corrected GDP. Real GDP puts into account ...