questions. 1. What is an Agency? Agency is a fiduciary relationship “which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his control‚ and consent by the other so to act”. A party who employs another person to act in his behalf and subject is called a Principal. A party who agrees to act on behalf of another is called an Agent. Agency is governed by a large body of common law known as agency law. Eg: A real estate broker
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EASTWEST UNIVERSITY Assignment on International Business of Coca Cola and Unilever SUBMITTED TO Dr.M.Zillur Rahaman Guest Facalty SUBMITTED BY Rajib kundu(2010-2-10-329) Razuan Ahmed (2010-2-10-271) Date of Submission July 23‚ 2012 Course : International Business Course Code : ITB (301) Section : 5 Table of Content | Details | Page No |
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Maxing Shareholders Wealth Abstract Profit maximization relates only to profits‚ while shareholder wealth also encompasses total company equity‚ debt ratios and various other financial performance measure ratios. One’s management could focus on profit maximization over an extended period of time‚ while the shareholder would prefer continual increases in stock values and corporate total values. These increases are often more commonly known as “getting in and get out”. If management decided
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SHAREHOLDERS’ EQUITY QUIZ QUESTIONS 1. What is a share? (1 mark) Answer: A share is an unit of ownership that represents an equal proportion of a company’s capital. It entitles its holder (the shareholder) to an equal claim on the company’s profits and an equal obligation for the company’s debts and losses. 2. Identify two advantages of a private placement of shares as compared with a public issue. (1 mark) Answer: 1. The investor can get positive allotment. 2. The investor can get high number
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Government of India Planning Commission National Population Policy 2001 C O NT E NT S A. B. C. D. E. F. G. H. Introduction ................................................................................................ 1 Objectives .................................................................................................. 2 Strategic Themes ....................................................................................... 4 Legislation .......................................
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BACKGROUND TO THE STUDY This study analyses the effect of the agency theory and accounting choice usually been made by managers of Nigeria listed companies. It (agency theory and accounting choice) can be demonstrated in the modern day companies where management is usually separated from the ownership of business. The professional managers are supposed to make decisions and take actions that are consistent with the objective of maximising shareholders wealth. But this may not be happen in practice because
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What strategy was Unilever pursuing before its early 1990s reorganization? What kind of structure did the company have? Were Unilever’s strategy and structure consistent with each other? What were the benefits of this strategy and structure? What were the drawbacks? For decades‚ Unilever managed its worldwide detergents activities in an arm’s length manner. A subsidiary was set up in each major national market and allowed to operate largely autonomously‚ with each subsidiary carrying out the
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When we talk about leadership and management‚ it seems that there is no difference between leaders and managers. But there is a difference and using these words interchangeably confuses. Usually‚ the role of managers is like administrators assigned with the function of planning‚ organizing‚ budgeting‚ and so on. Whereas‚ leader is a person who leads in an organization‚ inspires‚ and acts as visionary‚ motivator and the follower see him or her as dependable icon. Consider a person who has the combined
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Introduction The problem between students and the text exams is that‚ somehow exam sometimes makes the students which‚ they are taking the exam‚ make them nerves and they feel that‚ they are lost in the exam and they should looking for the successful and the easiest way to find their self and how to be the top one in the exam. This paper is about‚ the situation of taking exams and the advantages and disadvantages of text exams and quiz exams. However‚ it seems to be that‚ the only way to differentiate
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Communication Between Teenagers and Adults From the beginning of time teenagers and adults have always had conflicts with each other. These conflicts occur most of the time because of the lack of communication between the teenager and the adult. The generation gap between the teenager and the adult can play a role in the problems they have communicating. The superior adult has the instinct that whatever the inferior teenager does can lead to bad things‚ and lectures the teenager about it. Most of
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