Lecturer responsible for AUE2602: Topic 1: Corporate Governance Ms Nicolene Coetzee Contact details: AUE2602@unisa.ac.za CORPORATE GOVERNANCE What does CORPORATE GOVERNANCE mean: It is the system or process whereby companies are directed or controlled. It follows then that: Healthy‚ honest‚ open‚ competent and responsibly controlled companies will improve the quality of modern society. CORPORATE GOVERNANCE Key aspects of King III: Effective leadership * Ethical values of responsibility * Fairness
Premium Corporate governance Board of directors Executive director
however the term Retail Management is not a small concept ‚ it has a very broad meaning and a wide framework. When we say that Retailing is dynamic ‚ it simply means that is progressive in nature ‚ it keeps on changing itself with the emerging trends. There are various elements that are working as the forces for retail dynamics. One such force is Rural retail. The retail business in India accounts for Rs 7400 billion with about 1200 million retailers.90percent of retail shops are kirana stores
Premium Retailing Shopping mall
influences that affect profitability and a retailer’s ability to produce profit. Being able to establish the “right” price is vital in the delicate process of generating revenues to sustain business operations. In order to be successful a retailer must utilize an effective retail pricing strategy. The retailer must account for the costs associated with the products. Two key elements in factoring product cost is the cost of goods and the amount of operating expenses. What sets Trends Fashion apart
Premium Balance sheet Inventory Retailing
start of expansion‚ long term rates will be higher than the short term rates‚ leading to an upward sloping yield curve. 2. Using both the liquidity preference framework and the supply and demand for bonds framework‚ show why interest rates are procyclical (rising when the economy is expanding and falling during recessions). The liquidity preference framework. When the economy booms‚ the demand for money increases: people need more money to carry out an increased amount of transactions and
Premium Supply and demand Finance Economics
The buying behavior of consumers is affected by different cultural‚ social‚ personal and psychological‚ where the former are the greatest influence. Cultural and social factors determine the wishes of the people. Who does not use s shampoo these days? It is used by men‚ women‚ boys and girls‚ people always use it and many go beyond simply choosing it for their functional characteristics or custom. The market is flooded with products designed for women‚ in this case‚ which is achieved through a campaign
Premium
INTRODUCTION TO CONSUMER BEHAVIOUR Consumer behavior is affected by a host of variables ranging from personal‚ professional needs‚ attitudes and values‚ personality characteristics‚ social economic and cultural background‚ age‚ gender‚ professional status to social influences of various kinds exerted a family‚ friends‚ colleagues‚ and society as a whole. The combination of these factors help the consumer in decision making further Psychological factors that as individual consumer needs‚ motivations
Premium Marketing Sampling Brand
sexual orientation and the other being sexual preference. Homosexuality as a sexual orientation refers to an enduring pattern or disposition to experience sexual‚ affectional‚ or amorous attractions primarily towards people of the same sex. It also refers to an individual’s sense of personal and social identity based on those attractions‚ behaviors expressing them‚ and membership in a community of others who share them. On the other hand‚ sexual preference on homosexuality is something that one learns
Premium Homosexuality Sexual orientation Bisexuality
CONSUMER THEORY I Consumer theory – deals with how a consumer chooses the best bundle of goods he/she can afford. BUDGET CONSTRAINT To know which bundle of goods a consumer can afford‚ we have to look into the consumer’s budget constraint. We first assume that there are only two goods‚ say good x1 and x2. A consumer can choose from bundle A (3‚ 2) – 3 units of good 1 and 2 units of good 2; bundle B (6‚ 5) – 6 units of good 1 and 5 units of good‚ so forth. Given the price of good 1 (p1)‚
Premium Consumer theory
departments‚ organizations ’ departments specializing in the management of human assets have evolved through the years to address many issues. Change in labor laws‚ introduction and advancement in technology‚ and the way mankind has evolved has forced many trend changes in human resources management (HRM). In today ’s organizations‚ human resources management has many functions and roles. According to Brannen (2000) human resources management departments include the administrative role of processing benefits
Premium Human resources Human resource management
Site Planning and building form are very important from the point of view of seismic performance of the structure. Also it is very important to have proper compatibility of elements resisting seismic forces. Site Planning and selection of building forms is the first step in designing of any structure and the decisions taken are very crucial for the behaviour of those structures during any earthquake. Based on examples taken from various past earthquakes and theories this chapter gives guidelines
Premium Urban planning Architecture Landscape architecture