Sources of short term finance 1) Trade creditors This the basic source of finance and many entrepreneurs do not realise that by acquiring items on credit they are obtaining short term finance. Credit just like any other source of finance has interest element hidden which most are not able to recognise. The discount may be offered to encourage early payment and the receiving company may not advantage of the discount the cost arise. It is not a cheap source of finance. On occasions‚ trade credit is
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heroin at least once in their lifetime. About 23% of individuals who use heroin have become dependent on it. Heroin was first manufactured by the Bayer medication company of Germany in 1898. It was marketed as a treatment drug for tuberculosis and a remedy for morphine addiction. Today it’s well known as methadone. Heroin is a drug that can be smoked‚ inhaled by snorting or sniffing‚ and injected. All three routes of
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Should voluntary euthanasia be allowed in Hong Kong? The issue of euthanasia has been discussed for decades. Euthanasia is a medical practice to end one’s life with the purpose to alleviate pain or suffering while voluntary euthanasia is one of its categories that carried out at the request of the patient. A few years ago‚ a paralyzed patient had requested for euthanasia to end his life painlessly. This attracted wide attention among the general public in Hong Kong. People started to discuss whether
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Overview Hong Kong is one of the Special Administrative Regions (SARs) of China‚ and the other is Macau. Itis located on China’s south coast. It is only 1‚104 km2 large‚ but has a population of over seven million people. Therefore‚ Hong Kong is one of the most densely populated areas in the world.GDP‚ Languages… Hongkongwas a colony of Britainfor a long period since the middle of the 19th century. On July 1‚ 1997‚it was returned back to China and became the Special Administrative Regions of China. Governance:
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Sport Obermeyer Sport Obermeyer‚ Ltd was created around 1947 by Klaus Obermeyer. While teaching at an Aspen Ski School‚ Klaus noticed a difference between the clothing that his students wore and the clothing skiers wore in his native Germany. Although Klaus started out by traveling to Germany to find high-performance skiwear that was suitable for his students‚ he designed his own line of skiwear and ski equipment products and that was how Sport Obermeyer‚ Ltd was introduced. Sport Obermeyer
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industry.” 1 – N R Narayana Murthy‚ Chairman and chief mentor‚ Infosys Technologies Ltd. “One of the key focus areas at our company is creating a whole generation of leaders‚ mentoring them‚ giving them the inputs‚ the opportunities and creating a management bent.” 2 – Nandan Nilekani‚ co-founder‚ Infosys Technologies Ltd. Leadership plays a vital role in driving organisations towards success as able leaders help the organisations in taking appropriate decisions and also make sure that the decisions
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Did you know that for every cigarette you smoke you can lose eleven minutes off your life? Smoking can not only leave you with long term affects you may not be able to get rid of but it will leave you poor and maybe dead. Mankind first came in touch with tobacco approximately eighteen thousand years ago‚ when migrant Asiatic people first intersected the Bering Strait and extended across the continents today known as the Americas‚ where tobacco is native (Gately ‚2001). Mayan Indians of Mexico
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Executive Summary In Hong Kong‚ it is very common that both parents need to have a full time job in order to support the expenses of a family therefore many of the children were not taking care by their own parents but only house maid or grandparents. They are not used to communicate with their own parents. As of the situation is becoming worst day by day‚ Marathon Sports have come up an idea which to create an event for parents and kids to join together. Marathon Sports will host a 5K marathon
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| Long Term Capital Management and the Hedge Fund industry | | | | | | Introduction The Hedge fund industry is surrounded by much controversy and debate; and that for many years. Lack of oversight‚ excessive returns‚ unclear impact on the market and more‚ are all subjects of concerns for market participants and the public. According to Priya Jestin on Hedge Fund Street‚ “on an average day‚ between 18 and 22 percent of all trading on the New York Stock Exchange is related
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Executive Summary In order to address long lead times and a high inventory count with uncertain demand‚ I have decided for the initial Hong Kong order to produce those products that have the smallest standard deviation when comparing the Buying Committee Forecasts. An attempt will also be made to purchase the lowest cost items within this group as initial order size of 10‚000 units allows. Combined‚ this will allow for the least amount of risk when using the limited information we have for the
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