Guidance of Prof. N. Aravindakshan Submitted in partial fulfillment of the requirement for the award of the degree of of M.G.UNIVERSITY KOTTAYAM – KERALA March – 2010 1 EXECUTIVE SUMMARY This project is based on the study of working capital management in Arabian Industries LLC‚ An insight view of the project will encompass – what it is all about‚ what it aims to achieve‚ what is its purpose and scope‚ the various methods used for collecting data and their sources‚ including literature
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INTRODUCTION 1.1 WORKING CAPITAL FINANCE Every Enterprise namely company/firm/individual requires money to meet the day to day business operations‚ for purchasing stocks and for acquiring raw materials for processing and conversion to finished good. Banks provide finance to purchase inventory directly by providing funded limits or by issuing letter of credit or Bank Guarantee. Bank also provides receivables finance to provide liquidity to the customers. 1.2 CREDIT - THE LIFELINE OF BUSINESS Of
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SHACKLETON’S WAY Earnest Shackleton‚ was the leader of the Imperial Trans-Antarctic Expedition. He showed great leadership in the choosing‚ leading and saving his crew of 27 men. Shackleton led his men with strength and respect. He had a great ability to display the strength of each individual man‚ while leading them as a team. In choosing his crew‚ he not only looked at the work that they would do‚ but also how they would get along with the rest of the men. In the toughest circumstances‚ it
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Chapter 16: Principle no.10 Develop Exceptional People and Teams Who Follow Your Company’s Philosophy Toyota Way Sadudee Kuansuwan 5320221027 Chanusthida Khumsorn 5410221014 Sitanan Kanchongkittiphon 5410221020 Toyota Way : Group 4. Phan Chotikapanich Thinnapath Porung Chaiyos Choti 5410221009 5410221016 5410221024 Dirección de la cadena de suministro – Caso Barilla Chapter 16 Principle no.10 : Develop People and Teams Principle no.10 Outline :The Principle :Form vs. Function
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do anything to make the world a better place. Most of them gave up their time doing charity work‚ providing services for others‚ and wanting nothing back in return. There are many ways in helping others which can be classified into three fields of charity work: donation‚ volunteering‚ and giving advice. The first way to be charitable is to donate. Donation is an act of presenting something as a gift‚ grant‚ or contribution (Donation‚ 2013). There are many types of donation which are donating money
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WORKING CAPITAL MANAGEMENT By D.BINISHA Reg No: 312211631024 REPORT ON SUMMER INTERNSHIP AT INTERNATIONAL INSTITUTE OF PROJECT MANAGEMENT SSN SCHOOL OF MANAGEMENT & COMPUTER APPLICATIONS KALAVAKKAM- 603 110 ACKNOWLEDGEMENT I extend my sincere thanks to our Director‚ Prof. B. Srinivasan for inculcating in us‚ a passion for excellence in all our activities including this project. I am grateful to my external guide Mr. O. ARIVAZHAGAN‚ CEO‚ International
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help of others. Working in groups may be helpful but not always the right choice. People have problems learning‚ get distracted more easily‚ and they only get one overall grade that is shared throughout the group. When working in a group‚ learning is very difficult. People do not understand the whole assignment only the part that they are assigned. When working independently may take longer but its more beneficial to ones understanding. There are no distractions when working by ones self.
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role. “Taylor believed that in the same way there is a best machine for each job‚ so there is a best working method by which people should undertake their jobs” Mullins pg 43. However‚ this method of organisational working wasn’t able to cope with quick changing demands placed on businesses by society‚ the economy and government for example. As such‚ new forms of work organisations began to be looked at. Researchers began looking at ways of working which had greater flexibility and social responsibility
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Efficient working capital management is an integral component of the overall corporate strategy to create shareholder value. Working capital is the result of the time lag between the expenditure for the purchase of raw materials and the collection for the sale of the finished product. The continuing flow of cash from suppliers to inventory to accounts receivable and back into cash is usually referred to as the cash conversion cycle. The way in which working capital is managed can have a significant
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hour week‚ with time and a half pay for any overtime hours. Our minimum wage in New York State is six dollars an hour‚ and that is soon to be raised to $6.75 an hour on January 1‚ 2006. We are provided‚ for the most part‚ with healthy and safe working environments. In Chinese society it is nothing like this. Since the difference between the rich and poor is a lot greater in China than it is here‚ many of the poor jump at the opportunity to work in a factory or sweatshop job. They are very low
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