MY TRADING JOURNEY 14TH October 2014 X` Introduc?on INTRODUCTION MY TRADING JOURNEY LESSONS WHAT I REALLY WANT TO TELL YOU 2009 ~ 2012 River Valley High School X` Introduc?on INTRODUCTION MY TRADING JOURNEY LESSONS WHAT I REALLY
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Trading & Profit & Loss A/c - deals with Revenue & Expense Trading Account - deals with Gross Profit (π) or Gross Loss Profit & Loss - deals with Net Profit (π) or Net Loss Balance Sheet - deals with Assets‚ Liabilities & Capital Direct Revenue & Direct Expense - deals with the Trading A/c Indirect Revenue & Indirect Expense - deals with the Profit & Loss A/c The Accounting Period - is generally a quarter or a year and reflects all of the financial activity that occurred during that time
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In “Diamonds are Forever in Botswana”‚ we are introduced to how the company‚ De Beers‚ made a profitable business in the country of Botswana‚ while contributing great benefits to the country through many aspects. The company’s business consists of overseeing the mining of diamonds and then selling them throughout the rest of the world. Even though De Beers is the dominant force in Botswana‚ they approached their venture in the country by having an equal relationship with the government split down
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surface from great depths (Raven-Berg‚ 2005). In 1991‚ the company DiaMet found 81 diamond pipes. It was not the first diamond find in North American but it was the first major commercial deposit (Arctic‚ 2003). When the discovery was announced‚ it sparked the biggest staking rush in Canadian history. By 2002‚ over 300 pipes had been found in the Northwest Territories‚ 15 to 25 of them with economic potential. Many large diamond companies continue to explore the significant diamond potential of the
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Unit Title: Communication in Business 100 Assessment: Critical Essay Company: De Beers Essay Title: Corporate Environmental Obligation: An examination of the performance of De Beers Student Name: Arkar Kyaw @ Kevin Student Number: 1160001 Semester: 1 2011 Campus: Bentley Tutor: Simon Teoh Corporate Environmental Obligation: An examination of the performance of De Beers Nowadays‚ diamonds are one of the most precious luxury items where people are purchasing
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com/ehost/detail?vid=3&hid=125&sid=bd0f4262-c765-4e52-b405-3b86c70d60ac%40sessionmgr112&bdata=JkF1dGhUeXBlPWNvb2tpZSxpcCx1cmwsY3BpZCZjdXN0aWQ9czEyNDE5NzEmc2l0ZT1laG9zdC1saXZl#db=anh&AN=201206091017391615> PROMOTION: Nationally‚ this company uses newspaper‚ magazines and sales to promote their sales. But also‚ a way that they use to promote is from Internet. Their website is a good way to promote their products and their store‚ but to promote their websites‚ coupons are also showed in
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price of diamond‚ the high price of diamond imply the idea that diamond is scarcity. Hence‚ the images of luxury diamond become more distinct and the demand for diamond is being sustained. One of the most successful in the history of the DeBeers Company and in the history of advertising campaigns is "A Diamond is Forever" campaign. This advertising campaign was created and launched by DeBeers in 1938. Although the DeBeers brand name was not present in this campaign‚ it successfully advertised and
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solution to him has been developed using excel. This would help him keep track of the number of cars and when and how many cars has to be made available. Bookings are made easier through this system. 2. The xylo Trading Company sells 6 kinds of confectionary items all over India. The sales technique followed is direct sales to its distributors and retailers. The data is updated by the sales people at central office at the end of the day using excel sheets. Consolidating
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unique resources and distinctive competences and how De Beers decided to make it evolve? First of all‚ let’s studying the physical resources of De Beers. The company used to have the monopole of rough diamonds : it owned 80% of the world production 15 years ago but now it produces less than half of the world production. Nevertheless‚ the company still owns a lot of mines‚ it remain the number one producer of rough diamonds and has got an unrivaled distribution network. To finish with physical resources
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1. What functions does the CSO perform as a global intermediary? How does these functions help expand the economic pie in the diamond industry? Around 1930s De Beers bought up their bankrupted “single” consumer‚ London syndicate‚ and named it De Beers central selling organization (CSO)‚ which was helping out De Beers as its: • Wholly-owned distributor. CSO controlling around 80% of the world’s diamond supply. This strategy controlled De Beers’ vast supply and enabled to maintain its prices high
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