Introduction to Services Marketing In general‚ goods can be defined as objects‚ devices‚ or things‚ whereas products refer to both goods and services. A service is any act or performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product. The distinction between goods and services is not perfectly clear. Service is the sum of all encounters between a customer and a service provider
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Sikhism is one of the most ancient religions of India and the believers of this religion are called Sikhs that means disciples. The founder of Sikhism was Guru Nanak. Sikhism stands for casteless society and preaches thahe Holy Book Of Sikhism is Guru Granth Sahib Guru Gobind Singh declared before his departure to the heavenly abode that this Holy Granth would be the spiritual guide for Sikhs. Guru Gobind Singh made Khalsa (Sikh common wealth)‚ a full-fledged nation and taught them to perform
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THE PHILIPPINE FINANCIAL SYSTEM 2.1 Basic Building Blocks of a Financial System Financial System is the system that allows the transfer of money between savers (and investors). It can operate on a global‚ regional or firm specific level. Gurusamy‚ writing in Financial Services and Systems has described it as comprising "a set of complex and closely interconnected financial institutions‚ markets‚ instruments‚ services‚ practices‚ and transactions”. Basic building Blocks of Financial System 1. Money
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Financial Management FINANCIAL INTERMEDIERIES IN PAKISTAN Definition: A financial intermediary is an institution‚ firm or individual who performs intermediation between two or more parties in a financial context. Typically the first party is a provider of a product or service and the second party is a consumer or customer. Financial Intermediaries are financial institutions that accept money from savers and use those funds to make loans and other financial investment in their
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The problem of conscription has always been a controversial issue. However‚ many opponents of compulsory military service maintain that conscription does more harm than good and that it should be abolished for professional‚ personal‚ psychological and economical reasons. The first argument against conscription is that it is‚ in fact‚ unnecessary in the modern world. Nowadays most countries possess high-quality military equipment as well as nuclear weapons which can be operated by a small
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Service Sector of Indian Economy contributes to around 55 percent of India’s GDP during 2006-07. This sector plays a leading role in the economy of India‚ and contributes to around 68.6 percent of the overall average growth in GDP between 2002-03 and 2006-07. There has been a 9.4 percent growth in the Indian economy during 2006-07 as against a rise of 9 percent in the same during 2006-06. During this growth in Indian economy‚ the service sector witnessed a rise of 11 percent in the year 2006-07
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FINTMED CLASSROOM NOTES FINANCIAL INTERMEDIARY * a middleman between people who needs capital and people who has capital * Institutions that matches lenders and borrowers TOPICS: (for the whole term) OVERVIEW | INTEREST RATES | BANKS | COLLATERAL AND CREDIT RISK MANAGEMENT | NON-DEPOSITORY FINANCIAL INSTITUTION | BANK CAPITAL AND DEPOSIT INSURANCE | * Insurance firms | BANK RUNS AND CONTAGIONS | * Securities firms | BOND MARKETS | * Investment firms | EQUITY MARKETS
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Financial Management Practices Good financial management is crucial for the expansion of any business. Successfully placing finances in order means a business can work more efficiently. One of the essential challenges in health care is to manage effectively the finances of the organization. Health care is unique in the way an organization operates based on the finances. This paper will identify effective and ineffective financial management practices that can help to make a company successful
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Financial Ratios The creditable performance calculation for the Valley of the Sun United Way (VSUW) is used to guarantee that their organization will perform at their most likely current ratio‚ long-term solvency ratio‚ contribution ratio‚ and general and management/expense ratio (Goetsch & Davis‚ 2010). The current ratio will enable VSUW to easily see their current expenses that may be aquired and make sure that the organization has enough resources to pay all of their current obligations
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Auditors: 1. investments by auditors or their family members to their audit clients; 2. employment relationships between auditors or their family members and audit clients; and 3. the scope of services provided by audit firms to their audit clients Item # 3 speaks about the services provided by audit firms to their audit clients‚ the rule reiterate that an auditor cannot or should not accept a job that involves a “condition”‚ the fact that the proposed fee is based on reported profit
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