treated fairly and justly. Unfair treatment is also illegal. Glass ceiling is a metaphor alluding to the invisible barriers that prevent minorities and women from being promoted to top corporate positions. The Age Discrimination in Employment Act of 1967 prohibits age discrimination against workers over the age of 40 and restricts mandatory
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At about 7.30 pm on 14 April 1999‚ a freak hailstormhit Sydney. It affected more houses andpeople than any other natural disaster in Australia’shistory. With a ferocity that shocked theunsuspecting residents and in the space of only45 minutes‚ more than 500 000 tonnes of hailstonesÐ some the size of cricket balls Ðdestroyed homes and property. One person waskilled. More than 24 000 buildings were damaged. About 60 000 cars were damaged‚ with onethirdso badly damaged they were written off bythe insurance
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Why Invest at all? Why invest? This came to me sometime in late 2004/early 2005 as I strongly felt the need for making my money work better for me. We were blessed with twin daughters‚ and full of hopes and dreams. I was transforming to become more financially responsible and aware. No one needed to educate me on why invest‚ as I suddenly realised that to achieve these dreams‚ I needed to shed a bit of my happy-go-lucky attitude and set longer term financial goals. And to achieve these financial
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The Columbian Exchange was a widespread exchange of animals‚ plants‚ culture‚ human populations (including slaves)‚ communicable disease‚ technology and ideas between the American and Afro-Eurasian hemispheres following the voyage to the Americas by Christopher Columbus in 1492.[1]:163 The term was coined in 1972 by Alfred W. Crosby‚ a historian at the University of Texas at Austin‚ in his eponymous work of environmental history.[2][3]:27 The contact between the two areas circulated a wide variety
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business of foreign exchange is getting increasingly complex and intensely competitive. However‚ in the backdrop of phenomenal growth of Bangladesh’s external sector‚ foreign exchange business provides a challenge as well as an excellent opportunity to accelerate the growth of bank’s own business This research paper is done on the foreign exchange department of Prime Bank ltd. It tries to capture nearly the entire range of activities typically performed in the foreign exchange department of the bank
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STOCK OPTIONS - AN EFFECTIVE COMPENSATION METHOD Stock Options have become the greatest form of remuneration for big names in organizations across the United States (Hall‚ 2000). The senior executives‚ who are given this option‚ can buy shares of the company at what Hall (2000) describes as the “exercise price”. They could be given “at the money”‚ “out of the money” or “in the money” price (Hall‚ 2000). Stock Options are helpful in motivating the holders to perform for the benefit of the company
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Treasury stock is when a corporation ’s issued stock has been bought back from the stockholders. Since a corporation cannot be its own shareholder‚ when the corporation purchases shares‚ those shares are NOT considered assets of the corporation. If we assume the corporation plans to re-issue the share‚ then those shares are held in the treasury and reported as a deduction in stockholders ’ equity. This is reflected in the balance sheet. Those with shares of treasury stock not only give up the
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Corporate Bonds‚ Common stock‚ and Preferred Stock Higher return means higher risk. People use excess money to invest in a corporation. It is a good way gain more money than put money into the saving account to get a little interest. Before you invest you should analyze the characteristics of corporate bonds‚ common stock‚ and preferred stock; and also be aware of their advantages and disadvantages. The corporate bonds are issued by corporations. They are used to increase capital for issuing
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A buffer stock scheme is a form of government intervention designed to stabilize price. Governments apply buffer stock schemes to unstable markets‚ such as agriculture and commodities‚ where the ability and willingness of producers to produce fluctuates sharply. A buffer stock scheme stabilizes the price of a good by setting a ceiling/maximum and floor/minimum price for a good‚ e.g. rice. (Fig. 1). Price Band for Rice (Fig. 1) P S pmax
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Exchange Risk Currency risk is also called the foreign exchange risk or foreign exchange exposure‚ refers to a period of international economic transactions in foreign currency-denominated assets (or creditor) and liabilities (or debt)‚ caused by fluctuations in the exchange rate and its value will go up and possibilities. Risk of stake-holder including government‚ enterprises‚ banks‚ individuals and other sectors‚ they are facing the risk of exchange rate fluctuations. Classification 1. Transaction
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