UPDATE - ANALYSIS INTRODUCTION As part of my English class I had to invest USD 100‚000 in the stock market and manage my portfolio throughout the semester. MY INVESTMENT STRATEGY My strategy was to invest in large companies with a reputation for quality‚ reliability and profitability (blue chips). Furthermore‚ I decided to invest a large amount of my capital in Swiss companies in order to support Swiss economy. I chose Kuoni because the company has leading positions in its area of activity (travel)
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August 25‚ 2011 Protection Officer United Nations High Commissioner for Refugees (UNHCR) New Cottages‚ Motel Road 4700‚ Cox`s Bazaar‚ Bangladesh Subject: Application for the position of Protection Associate Dear Sir/Madam‚ I am writing to express my interest to be recruited in the position of Protection Associate in response to your recent advertisement in www.bdjobs.com. You will see from my profile that I have acquired considerable knowledge and experience to work in the position
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The advantages and disadvantages of multimedia There are a couple of advantages and disadvantages to using multimedia in communication. I’m only going to a list a few important ones below. If you are interested to know more‚ visit one of the given websites by just following the links. Advantages: • It is very user-friendly. It doesn’t take much energy out of the user‚ in the sense that you can sit and watch the presentation‚ you can read the text and hear the audio. • It is multi sensorial
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The Columbian Exposition was meant to celebrate the arrival of Christopher Columbus in 1492. Not only did the festival commemorate the arrival‚ but it was symbolic with the realization and development made of the Americas from 1492. The festival was held years after the Chicago fire and the American civil war‚ which was an indication that then festival served to remind the natives of the progress achieved from 1492‚ which were similar to those of the reconstruction era (Galvin). The Columbian Exposition
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What are the Functions of the Foreign Exchange Market? Definition The foreign exchange market‚ also known as the forex‚ FX‚ or currency market‚ involves the trading of one currency for another. Prior to 1996 the market was confined to large corporate banks and international corporations. However it has since opened up to include all traders and speculators. Today‚ the average daily turnover in forex markets is US$1.9 trillion‚ according to the Bank of International Settlement’s Triennial Survey
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Advantages of marginal costing (Relative to the absorption costing) Preparation of routine operating statements using absorption costing is considered less informative for the following reasons: 1. Profit per unit is a misleading figure: in the example above the operating margin of Rs2 per unit arises because fixed overhead per unit is based on output of 5‚000 units. If another basis were used margin per unit would differ even though fixed overhead was the same amount in total 2. Build-up or run
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304 Tutorial week 3 Questions 1. How can a central bank use direct intervention to change the value of a currency? Explain why a central bank may desire to smooth exchange rate movements of its currency.. 2. Should the governments of Asian countries allow their currencies to float freely? What would be the advantages of letting their currencies float freely? What would be the disadvantages? 3. What is the impact of a weak home currency on the home economy‚ other things being
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Pages 1. Introduction 2 2. Exchange control and its uses 2 2.1 . Disadvantages of tightly managed exchange control 2.2 . Advantages of flexible exchange controls 2.3 . Disadvantages of flexible exchange controls 3. Emerging markets and exchange control 3 4. South Africa and exchange controls 3 5. Conclusion 5 6. References 6 List of figure: Figure 1: Exchange rate forecast 4 Figure 2: Price of Brent
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Exchange Rate Notes Class Notes Exchange rate can be expressed in two ways‚ for example: £1 = 1.52 CHF 1 CHF = £0.66 Foreign Exchange (Forex) Market Many currencies float freely on the free market. However‚ this is a relatively new phenomenon. After the war‚ major currencies were pegged to each other under the Bretton woods agreement. They were backed up by gold reserves to keep them at this level. Prior to the war they were often pegged to the price of Gold. Prior to the Euro (1990s)
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World’s Columbian Exposition In 1893 the World’s Columbian Exposition‚ also known as the Chicago World’s Fair‚ took place in Chicago‚ Illinois. The fair was in celebration of the 400th anniversary of Christopher Columbus’s arrival in the New World in 1492. The Columbian Exposition was four times larger than the previous world’s fair‚ and over the six months that it was open‚ 27 million people visited the fair. That was almost half of the US population at that time. The White City‚ named because
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