the beginning of the US financial crisis in 2007‚ regulators in the United States and Europe have been frustrated by the difficulty in identifying the risk exposures at the largest and most levered financial institutions. Yet‚ at the time‚ it was unclear how such data might have been used to make the financial system safer. This paper is an attempt to show simple ways in which this information can be used to understand how deleveraging scenarios could play out. To do so the authors develop and test
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A retrenchment grand strategy is followed when an organization aims at a contraction of its activities through substantial reduction or the elimination of the scope of one or more of its businesses in terms of their respective customer groups‚ customer functions‚ or alternative technologies either singly or jointly in order to improve its overall performance. E.g: A corporate hospital decides to focus only on special treatment and realize higher revenues by reducing its commitment to general case
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Articles About Retrenchment PATNA Row over retrenchment move September 4‚ 2002 | Anil Ashutosh ‚ TNN DHANBAD: Tension prevails in Sijua colliery area of BCCL over retrenchment of workers who were given job in lieu of the land acquired for the Tetulmari and Snedra-Bansjora projects. Villagers of Pandeydih village and near by areas staged a massive demonstration before the office of the general manager on Tuesday and demanded immediate withdrawal of retrenchment order. They have threatened to launch
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CHAPTER Event strategy 1 INTRODUCTION Events and festivals are an economic and social driver of many companies‚ cities‚ regions and countries. They need to be assessed for their benefits and placed in the development plans of the organisation. The only way to achieve this sensibly is to devise a framework for the development. This chapter describes how these frameworks or event strategies are created. It begins with the recognition of events as being part of a development portfolio and not
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country in a stipulated period of time. Entrepreneurship was lead to economy development through taxes that company pay to government‚ offering job to society so less unemployment rate and reduction of poverty and increase living standard. An example‚ Tan Sri Bukhari is most successful entrepreneur in Malaysia. He was start up a business and create a job to people. Besides that‚
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Unlawful dismissal or retrenchment is where the workman whose service has been terminated feels he has been dismissed without just cause or excuse by his employer. In developed countries‚ unlawful termination is covered under the law and such cases of such will be referred to the Industrial Relations Department. Apparently‚ termination of service is permitted by law for operational reasons‚ which is commonly known as redundancy. However‚ the decision to retrench certain employee may be declared
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Event marketing strategy Student’s name: Institution: Date: Introduction This event is held by the D & G refreshment company‚ and the aim of this is to promote its new drink brand JUSSY that has just entered the market. The proposed event will include athletics sponsorship as well as invitation of celebrities to perform during the function. During the occasion‚ all people wishing to join will be required to purchase a bottle of our new drink‚ “JUSSY.” Moreover
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Why did Jet Airways announce retrenchment? The announcement was done due to rise in aviation fuel. Jet Airways thought through retrenchment the expenditure can be controlled which was going high due to fuel prices. What was the immediate reaction in the environment? Employees were protesting as they were with no job. By seeing the employees of Jet in such a situation‚ political parties supported them. Due to this government was forced to rethink on the hike of the prices and as well as
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Evaluate strategies used in health and social care environments to communication and interpersonal interactions. Effects of alcohol/drugs with rehab/AA To overcome the effects of alcohol/drugs barrier to communication‚ there are many types of organisations available. For example‚ rehab is a place where individual’s will slowly learn to give up drugs and adapt to clean blood in their body. There are classes such as AA classes which help individual’s clean alcohol from their system. Alcohol and
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secondary data and interviewer opinions towards the strategy adopted by the company. Unstructured telephone interviews and face-to-face interviews with the company’s marketing director – Mr. Wang‚ revealed what the company implements and the problems faced by the company. 5.1 Findings and Analysis From the data collected‚ the Yili has implemented a number of strategies to improve their market share and profitability. The Yili’s marketing strategy is based on the innovation. Innovation is the successful
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