ROLE AND PURPOSE This subject aims to introduce to students a range of basic concepts and ideas in modern finance. After completing this subject‚ participants should know the principles involved in making investment and financing decisions‚ understand functions of financial markets and financial managers‚ and possess basic knowledge of option pricing and financial planning. This foundation course prepares students for more in‐depth studies at a later stage. LEARNING OUTCOMES Upon completion of the
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Policy implementation—a review of literature Introduction: Implementation has been defined as “the carrying out of a basic policy decision ‚ usually incorporated in a statute but can be in form of important executive orders or court decisions”(mazmanian and sabatier 1983). It has also been defined as those actions by people that are directed at achievement of objectives set forth in the policy decision (van meter and van Horne 1974). Thus Policy implementation is what develops between an intention
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000) (900) ––––––– 17‚100 (3‚600) ––––––– 13‚500 ––––––– Acerbic RM’000 80‚000 (60‚000) ––––––– 20‚000 (3‚500) (6‚500) nil ––––––– 10‚000 (4‚000) ––––––– 6‚000 ––––––– Revenue Cost of sales Gross profit Distribution costs Administrative expenses Finance costs (note (ii)) Profit before tax Income tax expense Profit for the period The following information is relevant: (i) The fair values of the net assets of Sardonic at the date
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Finance and Business Finance With the gradual progress of society & civilization and the development of science and technology‚ the scope of trade and commerce has also increased. Hence‚ the product-market has to cope with diverse competitions. To make profit in this competition‚ a businessman has to utilize his capital efficiently through proper planning so that the cost of production or selling could be kept minimum. Hence‚ a business firm can maximize its profit. For that purpose‚ every business
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Non-Performing Assets In Indian Banks On August 22‚ 2012 in Banking‚ Economy by Prof. S. Srinivasan (External Contributor) The Non-Performing Assets (NPAs) of the Indian banking sector have been incessantly rising in the past six months. Historically‚ in 1997‚ NPAs were 15.8% of loans for the banking sector‚ which nosedived to 2.4% in 2008. This figure stands at 2.94% of loans in 2012. In absolute figures‚ NPAs have doubled from 2009 to 2012 and assets under reconstruction had trebled during the
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FINANCE FOR NON-FINANCIAL PERSONNEL Specialist Program Area Knowing how to read financial statements will be invaluable throughout your career‚ in analyzing business opportunities‚ assessing financial risks‚ and communicating your ideas to others. Accounting & Finance for Non-Financial Personnel teaches how financial data is generated and reported‚ as well as how it is used for decision making and analysis. Program Overview Finance for Non-Financial Personnel will help participants
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References: BOOKS WRITTEN BY THEORISTS Bjorn‚S.(1999)‚ An Introduction to Non-Life Insurance Mathematics‚ (4th Ed)‚Verlag Versicherungswirtsch. Beauchamp‚T.L. & Bowie‚N.E.(1979)‚ Ethical Theory and Business. Englewood Clifts‚ NJ: Prentice Hall. Breuel‚B.H. (1996)‚ Complete Idiot’s Guide to Buying Insurance
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* Bill’s Need to Know: Personal Finance or Tennis? During the Christmas break of his final year at Ohio State‚ Bill Bledsoe plans to put together his résumé in order to seek full-time employment as a medical technician during the spring semester. To help Bill prepare for the job interview process‚ his older brother has arranged for him to meet with a friend‚ Cathy Smith‚ who has worked as a medical technician since her graduation from Ohio State 2 years earlier. Cathy gives him numerous pointers
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investigate the policies affecting the environment in London. A review will be made into the responsibilities of the Greater London Authority (GLA) and the mayor. A critical evaluation of the evidence will be provided. A survey of opinions amongst GSM students will be presented and a conclusion drawn on the effectiveness of the Greater London Authority (GLA) and the Mayor in tackling key issues which relate to the environment. It has been estimated that London‚ the capital of England‚ has a population of
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SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS TABLE OF CONTENTS Chapter 1. Globalization and the Multinational Firm Suggested Answers to End-of-Chapter Questions 3 2. International Monetary System Suggested Answers and Solutions to End-of-Chapter Questions and Problems 12 3. Balance of Payments Suggested Answers and Solutions to End-of-Chapter Questions and Problems
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