__________________________________________________________________________________ SERVICE SECTOR - CURRENT MARKETTING NATURE INTRODUCTION Services are deed process and performance. Service includes all economic activities whose output is not tangible. The world economy nowadays is increasingly characterized as service economy .As today more than 70% of world economies income and employment is contributed by services sector and p their major contribution to the GDP in developing countries. Service marketing
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Tourism Sector Contents * Introduction What is the tourism? The meaning of the tourism The feature of tourism (5 points) ……1 * Main body Two different kinds of people to travel ……2 a) & b) * Conclusion ……1 * Reference ……1 Introduction
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Public Sector: The public sector is that part of national economy that is under the supervision of national‚ state or provincial‚ and local governments. They are responsible for the provision of certain goods or services that are not provided by the private sector. Public sector includes national and local governments‚ their agencies‚ and their chartered bodies. The public sector is one of the major sectors of any economy; such as in the US‚ it covers about 20 percent of the entire economy. Difference
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Intermediate Management Accounting: Capital Budgeting and Qualitative Measures. “One of the key areas of long-term decision-making that firms must tackle is that of investment - the need to commit funds by purchasing land‚ buildings‚ machinery and so on‚ in anticipation of being able to earn an income greater than the funds committed”. (Investment Appraisal sheet). A Capital Budgeting Process essentially defined as‚ “the process by which the financial manager decides whether to invest in specific
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PROBLEMS IN EDUCATION SECTOR AND THEIR SOLUTIONS Islamic Republic of Pakistan‚ a country of 170 million people‚ full of natural resources and more than 60 years of independence but still not respected in the world community. In less than 30 years of independence‚ it’s one wing gets separated (Bangladesh). Remaining part till today is living on IMF‚ World Bank and foreign donations. Majority of the population is living in rural areas without basic necessities of life. It is a country where financial
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Public Private Partnership in Indian Dairy Industry Initiating White Revolution - II May 2010 Acknowledgement We are thankful to Confederation of Indian Industries (CII) for giving us the opportunity to present this background paper for the International Conference on Dairy Industry We would also like to express gratitude to the members of the CII’s National Committee on Dairy for sharing their ideas and knowledge and making their important contribution in preparation of this background
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We all know that leadership is a personal quality of an individual who organizes the efforts of the followers and directs their activities towards the achievements of organizational goals. It is always the ability persuade others to seek clear goals actively. Therefore leadership is an important quality for the development and success of organization. It is the manager in his leadership role who has to stimulate and inspire the employees of every organization to contribute willingly‚ cooperatively
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CHAPTER 29 Capital Budgeting Meaning The term Capital Budgeting refers to the long-term planning for proposed capital outlays or expenditure for the purpose of maximizing return on investments. The capital expenditure may be : (1) Cost of mechanization‚ automation and replacement. (2) Cost of acquisition of fixed assets. e.g.‚ land‚ building and machinery etc. (3) Investment on research and development. (4) Cost of development and expansion of existing and new projects. DEFINITION OF CAPITAL
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INTRODUCTION TO CAPITAL BUDGETING Overview 159 7.1 The NPV Rule for Judging Investments and Projects 159 7.2 The IRR Rule for Judging Investments 161 7.3 NPV or IRR‚ Which to Use? 162 7.4 The “Yes–No” Criterion: When Do IRR and NPV Give the Same Answer? 163 7.5 Do NPV and IRR Produce the Same Project Rankings? 164 7.6 Capital Budgeting Principle: Ignore Sunk Costs and Consider Only Marginal Cash Flows 168 7.7 Capital Budgeting Principle: Don’t Forget the Effects of Taxes—Sally and Dave’s
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Pakistan Banking sector Compiled by: Consulate General of Switzerland Karachi‚ 25th February 2011 1. ECONOMIC OVERVIEW: Pakistan’s economy has been predominantly agrarian. Since Pakistan came into existence‚ the contribution of the agricultural sector to the GDP has declined gradually from over 50 percent in 1949-1950 to about 22 percent in the fiscal year 2009-10 (July 2009-June 2010). However‚ agriculture still remains the major sector of the GDP composition. Other economic sectors include industry
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