with the strange effects of "bank suction." Bank suction is the tendency of a vessel traveling near a steep underwater bank to move sideways toward that bank while an opposing force pushes the bow away. Although it usually affects large ships‚ it can affect smaller yachts and boats as well. The combination of close proximity to a steep bank‚ shallow depth and increased speed are the critical factors that determine the severity of the bank-suction effect. Bank suction starts when a vessel
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IRREVOCABLE BANK GUARANTEE THIS IRREVOCABLE BANK GUARANTEE is made and executed on this ___ day ______. BY: _______________________ Bank Limited‚ a Banking Company incorporated in Pakistan and having its head office at _______________________ (city name) and Branch at Stock Exchange Building‚ Stock Exchange Road‚‚ Karachi (herein after referred to as the “Bank”‚ which expression shall‚ wherever the context so requires‚ means and include its successors-in-interest and permitted assigns) IN FAVOUR
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Banking The World Bank The World Bank‚ when you first hear the name it makes you think that it is a traditional international bank. That is not true though; The World Bank isn’t exactly what you would think it is. In reality‚ it is a group that is compiled of five international organizations that facilitate poverty stricken countries all across the world for developing economic growth and the elimination of poverty. The five organizations that combine to form The World Bank are: The International
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Types of Banks. Commercial banks differ from investment banks.Most financial consumers think of “the bank” as a place to keep liquid financial resources‚ such as checking accounts and savings accounts. A consumer may have personal accounts at acommercial bank. The commercial bank’s primary business involves taking in financial assets as deposits then lending these assets to other customers at a rate of interest. The interest rate the bank charges on loansand revolving lines of credit or other credit
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Organisational Factors Play Significant Role In ERP Implementation IMT Hyderabad Batch 2012-14 Prepared By: GROUP No.: 12 CONTENT Particulars Page No. 1. ABSTRACT 3 2. INTRODUCTION 4 3. RESEARCH OBJECTIVE 8 4. METHODOLOGY 9 5. RESULTS 10 6. FINDINGS 15 7. DISCUSSION 17 8. CONCLUSION 19 9. RECOMMENDATION
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The New Supply Chain Organization Which operational model should you choose? Stratex Networks successfully meets the challenge of supply chain reorganization. SHOSHANAH COHEN enior management teams across many industries are increasingly realizing how strategic their supply chain is to business: that it is‚ in fact‚ one of the critical success factors—for profitability as well as productivity. Yet configuring a supply chain strategy that aligns with the business strategy‚ and organizing both
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By any objective measure‚ the amount of important‚ frequently distressing‚ change in organizations has grown enormously over the last two decades (Kotter‚ 1996). Jeffrey M. Hiatt‚ CEO of Prosci Inc.‚ (as cited by Gibson‚ Ivancevich‚ Donnelly &ump; Konopaske‚ 2009‚ p. 481) explained‚ “thirty years ago‚ a foturne 100 probably had one or two enterprisewide change intitiatives goiong on; today that number is proably between 20 and 25.” The speed of global‚ economic‚ and techological development makes
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Tata Group is an Indian multinational conglomerate company headquartered in Mumbai‚ Maharashtra‚ India.[3] It encompasses seven business sectors: communications and information technology‚ engineering‚ materials‚ services‚ energy‚ consumer products and chemicals. Tata Group was founded in 1868 by Jamsetji Tata as a trading company. It has operations in more than 80 countries across six continents. Tata Group has over 100 operating companies each of them operates independently. Out of them 32 are
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PREPARED BY: HARYANTI HUSSEN (2009476958) BBA (HONS) FINANCE PREPARED FOR: PM MOHD ZAKI B. ZAKARIA TABLE OF CONTENT CHAPTER 1: INTRODUCTION 1.0 Background 1 1.1 Overview of CIMB Bank 2 1.2 Problem Statement 4 1.3 Research Objectives 4 1.4 Scope of the study 5 1.5 Limitation of the study 5 1.6 Significance of the study 6 1.7 Definition of term 7 CHAPTER 2: LITERATURE REVIEW
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The monetary authority in most countries is called the Central Bank. A central bank does not deal directly with the public like commercial banks such as NCB; it is rather a bank for banks. In Jamaica the central banking function is carried out by the Bank of Jamaica (BOJ). This institution is located in the city of Kingston. The Bank of Jamaica plays a fundamental role in the Jamaican economy. According to the Bank of Jamaica website‚ this institution was established in recognition of the need
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