Investment Trusts Trading At Discount TOPIC # 3 Introduction According to Cheng et al. (1994‚ p.813)‚ ‘an investment trust company (ITC) is a UK public limited company‚ the business of which consists of investing its funds mainly in securities‚ with the aim of spreading investment risk and giving members of the company the benefit of the results of the management of its funds.’ In the UK‚ investment trusts started to form as early as the mid 1800s and helped small investors to diversify
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Strategic role of operations management Operations management is an essential key business function that overlaps with the other business functions such as marketing‚ finance and human resource management (HRM). Each of these essential business functions has a strategic component. Strategic means ‘affecting all key business areas’; that is‚ the strategic role of the operations management involves operations managers contributing to the strategic direction or strategic plan of the business. The
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reaction as Shell Shock. It was thought that shell shock was due to the result of being close to exploding shells. Today though‚ Shell shock is called Post-Traumatic Stress Disorder (PTSD). This change of name happened in 1970 after the Vietnam War. PTSD is essentially the same as Shell Shock but PTSD is a more precise than Shell Shock was. PTSD is now considered a common psychological disorder which can occur to a person after they have been exposed to any traumatic event. The causes of PTSD can include
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held as the King of England and allowed for the formation of a powerful parliament. The Magna Carta became the basis for English citizen’s rights and played a significant role in the American Constitution. The Model Parliament of 1295: The medieval English legal and constitutional practices‚ and their connection and influence on other governmental systems. The development of parliament: In 1275 Edward I called his first Parliament. He summoned nobles and churchmen‚ but also issued orders (known
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2015 www.hbr.org Industries follow distinctive change trajectories. Investments in innovation are more likely to pay off if you take those pathways into account. How Industries Change by Anita M. McGahan Reprint R0410E This document is authorized for use only in Strategic Management (Section-C&E) by Prof. Sushil Khanna‚ at Indian Institute of Management - Calcutta from January 2015 to March 2015. For exclusive use at Indian Institute of Management - Calcutta‚ 2015 Industries follow distinctive
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Roosevelt provided economical reforms. In fact‚ the greatest achievement of Roosevelt was his attempt to take government control of immense trusts. In 1890‚ he accepted he accepted "Sherman Antitrust Act." The thing is that monopolization of the economy resulted that the whole industrial sectors were under contol of the onliest trust corporation. Thus he tried to take the contol of great industry corporations that abused the
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Over the years‚ there have been many bloody revolutions against governments in the world‚ whether it be in the Middle East today or Bosnia in the 1980’s. These so called “liberations” include many unnecessary civilian casualties and often leave a nation or peoples in a worse state than before. As Mahatma Gandhi once said‚ "A nonviolent revolution is not a programme of ’seizure of power’ but it is a programme of transformation of relationships‚ ending in a peaceful transfer of power." Transfer of
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1) High Stake Testing are test with important consequences for the test taker. Important benefits‚ high school diploma‚ scholarship‚ license to practice profession. Failing is a disadvantage being forced to take the remedial classes until it’s passed. Not being allowed to drive or being able for employment. The misuse or high stake test is a controversial topic in public education in the United States where they become popular in recent years‚ not only to students but it attempts to increase teacher
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many more. Long’s death was unexpected and many were eager to replace him‚ such as: 1. Earl K. Long—Huey’s brother 2. James A. Noe—A Monroe oil tycoon 3. Wade O. Martin‚
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additional tuition fees and living costs of his 1 year stay at the university to attain the minor degree in IFE. He estimated that it would involve an additional cost of RM40‚000. HOW WOULD THE MONEY GROW? Not knowing how exactly he should grow the money‚ Afiq Firash contacted his cousin (Rauf) who is an engineer with an oil and gas company in Sabah for advice. Without hesitation‚ Rauf suggested an IPO (initial public offering) of Felda Global Venture Holdings (FGVH)‚ which wass already opened for
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