"right" and that is not acceptable or "wrong" based on conventional morality. General ethical norms encompass truthfulness‚ honesty‚ integrity‚ respect for others‚ fairness‚ and justice. They relate to all aspects of life‚ including business and finance. Financial ethics is‚ therefore‚ a subset of general ethics. Ethical norms are essential for maintaining stability and harmony in social life‚ where people interact with one another. Recognition of others ’ needs and aspirations‚ fairness‚ and cooperative
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Introduction: Trade Finance in India comprises of financing against imports into India‚ export from India and inland trade transactions. While doing this study‚ it is important to know about the regulations governing such transactions in India. Import and Export trade is regulated by the Directorate General of Foreign Trade (DGFT) under Ministry of Commerce & Industry‚ Department of Commerce‚ Government of India. Banks in India‚ authorized by Reserve Bank of India to deal in Foreign Exchange are
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INTERNATIONAL FINNACE: International Finance is an area of financial economics that deals with monetary interactions between two or more countries‚ concerning itself with topics such as currency exchange rates‚ international monetary systems‚ foreign direct investment‚ and issues of international financial management including political risk and foreign exchange risk inherent in managing multinational corporations. OR International finance is the branch of economics that studies the dynamics of
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FINANCE: TUTORIAL 2 (Suggested Solutions) 1. Liquidity measures how quickly and easily an asset can be converted to cash without significant loss in value. It’s desirable for firms to have high liquidity so that they can more safely meet short-term creditor demands. However‚ liquidity also has an opportunity cost. Firms generally reap higher returns by investing in illiquid‚ productive assets. It’s up to the firm’s financial management staff to find a reasonable compromise between these opposing
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the beliefs and opinions of a person or group of people. 2. What is the process of earning your income sometimes called? (0.5 points) Earning a living 3. Name at least two industries. (1.0 points) Extractive industry and Primary Industry 4. What is an internship? (0.5 points) A temporary job that helps you gain workplace skills and see what working at a particular company is like. 5. What is a career aptitude test? (0.5 points) An exam that asks questions about activities you enjoy
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Wiley Pathways Personal Finance Update Edition Vickie L. Bajtelsmit with Linda G. Rastelli with select chapters from Wiley Pathways Business Math essential math concepts for any business environment Steve Slavin with Tere Stouffer Copyright © 2012 John Wiley & Sons‚ Inc. Copyright © 2012 by John Wiley & Sons‚ Inc. All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system or transmitted in any form or by any means‚ electronic‚ mechanical
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Examination Paper: Finance Management IIBM Institute of Business Management Examination Paper International Financial Management Section A: Objective Type (30 marks) This section consists of Multiple choice & Short Answer type questions. Answer all the questions. Part One questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple choices: 1. Foreign exchange market in India is relatively very a. Big b. Small c. Medium d. None of the above 2. Balance of payment is
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for different sources of finance that can help them maintain and develop the businesses. There are various sources of finance that the companies need to consider in particular cases. Each source has it own advantage and disadvantage and different source will be more advantage in different case. Sources of finance are divided into 2 main kinds depend on the length of the sources and the amount of money: Long term and short term sources I. Long term sources of finance: 1. Share
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Masters Program in Business Administration (MBA 4 SEM) (Semester II) Note.: 1)Attempt any Four Cases. 2)All Cases carry equal marks. Case NO. 1 ZIP ZAP ZOOM CAR COMPANY Zip Zap Zoom Company Ltd is into manufacturing cars in the small car (800 cc) segment. It was set up 15 years back and since its establishment it has seen a phenomenal growth in both its market and profitability. Its financial statements are shown in Exhibits 1 and 2 respectively. The company
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UNIT – II Pre-shipment Finance – Categories of Pre-Shipment Finance – Facilities of Pre-shipment Credit - Pre-shipment Credit in Foreign Currency (PCFC) – Interest rate on Pre-shipment Credit‚ Post-shipment Credit Finance – Categories of Post-Shipment Credit in rupees – Post-Shipment Credit in Foreign Currency – Refinance of Pre-Shipment and Post-shipment Finance. Pre Shipment Finance The scheme is intended to make short-term working capital finance available to exporters at internationally
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