Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 3‚ No 10‚ 2012 www.iiste.org International Financial Reporting Standard (IFRS): Benefits‚ Obstacles And Intrigues For Implementation In Nigeria *IKPEFAN‚ OCHEI AILEMEN Ph.D (Banking &Finance)‚ ACA‚ACIB Department of Banking & Finance‚ Covenant University‚ Ota‚ Ogun State E-mail: ochei_ikpefan@yahoo.co.uk; Tel:234- 08053013418 **AKANDE‚ A.O B.Sc (Business Administration)‚ MBA; Department of
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HONDA: Operations-based core competence The resource-based view argues that companies posses some unique resources (assets and capabilities) and competitive advantage is acquired by accumulating those strategic assets. Resources are any tangible (e.g. equipment‚ raw material) or intangible (e.g. firm image‚ processes‚ routines) things that a company owns and can use to carry out its crucial processes. Capabilities‚ are dynamic of a “doing” nature. Capabilities are “the ability of make use of resources
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Introduction/Overview Honda Motor Company Ltd.‚ very few people in modern society are unfamiliar with the name. Today‚ Honda has given society everything from cars‚ trucks‚ generators and motorcycles. But of all these‚ it is the motorcycle that built the framework for Honda’s success and boosted the small Japanese manufacturer into a global phenomenon. Honda is a Japanese based company which is well known for its cars and motorcycles. It is the 2nd largest automaker in Japan and the 5th largest
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It was in August 1998 that the first chinks in the Kinetic Honda Motors Ltd. (Kinetic Honda) armor were reported by Business India. Both Honda and the Firodias of Kinetic were quick to deny rumors of a split‚ though reports of the Firodias quietly raising resources to buy out Honda’s stake kept surfacing. The Firodias were even reported to have securitised the assets of their two-wheeler finance company - 20th Century Kinetic Finance (TCKF) - to raise this money. Trouble had been brewing since
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Producing Lowest Cost Two-Wheelers: Bajaj Auto Vs Hero Honda By Ved Singh‚ Abhimanyu Prabhavalakar‚ Baskaran Balasubramanian‚ Srikanth Gopalakrisnan Table of Content 1. Indian Economy and Two-wheeler Industry 2. Bajaj Auto Ltd. 3. Hero Honda 4. Cost Management Analysis 1. Indian Economy and Two/Three wheeler Industry As we write this report‚ there are few factors which we would like to state ‚ just to set the context for this report‚ for for Indian Economy in general and then
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HONDA TODAY Masami Kamimura has several decisions that he must make regarding the Honda Today and its future in the current Honda lineup. In the past few years‚ Honda invested ~5 billion in the Today and its R&D and production. Even with 22% of the market share for the Today‚ its total sales were only 100‚660 units for the 1987 sales. The Honda today is known for its small size and compact vehicle. It is an economy car to cater to the low-middle class families. The return on this car is marginal
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Implementation of New Technology As time goes by we get older as we get older we keep up with current events and get wiser‚ not only does our body physically change but so does our way of thinking. This is the same mentality that we need in our businesses. In order to stay current with events and remain competitive‚ we must keep up with the times. As we become more technologically advance‚ the way we use to run business‚ may not be the most productive and efficient way to do so anymore. Our operation
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Alpen-Adria-Universität Klagenfurt Marketing Plan for AA Bike Klagenfurt International Expansion Plan November 28‚ 2014 Executive Summary Bike rental services in Europe have high demand and popularity. Due to the high amount of travellers across Europe‚ bike rentals have become one of the most environmentally friendly businesses that attract many tourists and locals who do not have access to vehicles‚ or who simply enjoy nature‚ outdoor activities‚ and are conscious
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Introduction Mac developed a strategy on how they market their products‚ by utilizing famous artist and singers to maintain their customers (www.maccosmetics.com). Sales of makeup build up dreams and inspire their consumers to look their best with skillful techniques and application of cosmetic products. The strategy has always been to provide cosmetics to all ages‚ races and gender that is their creed. M.A.C. cosmetics focused on a main strategy not a generic strategy to align with organizations
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Implementation The implementation stage of any project is a true display of the defining moments that make a project a success or a failure. The implementation stage is defined as "the system or system modifications being installed and made operational in a production environment. The phase is initiated after the system has been tested and accepted by the user. This phase continues until the system is operating in production in accordance with the defined user requirements" (DOJ‚ 1). While all of
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