Exam focus – the pre-seen case study for the November 2010 Strategic level exams BPP subject specialists Doug Haste‚ Dave Halford and Daniel Clark analyse the preseen case study for the November 2010 Strategic level exams from the viewpoint of each of the three papers (E3‚ F3 and P3) Since the introduction of the new syllabus in May 2010 CIMA have used a pre-seen case study as the basis for the 50 mark Section A question in each of the three Strategic level papers (E3‚ F3 and P3). In this article
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adequate amount of capital in relation to their risk taking. Liquidity is ‘’the ability to convert an asset to cash quickly’’ (investopedia.com). A bank has to be in a position to obtain liquidity at short notice to avoid liquidity crises. Since not all of the bank’s customer’s deposits are fixed for long periods‚ cash has to be made available to meet the customer’s demand. Restrictions are set on the investments as liquidity levels have to be evaluated. It may be difficult and time consuming
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The Importance of Managing Liquidity for a Company Liquidity is a measure of a firm’s ability to meet immediate and short-term obligations‚ or assets that can be quickly converted to do it. There are two ratios to measure liquidity. Current ratio is calculated by dividing current assets by current liabilities. Since sometimes inventories are the least liquid of current assets‚ firms also calculate quick ratio. Managing liquidity is important in terms of operating activities. Firms which usually purchase
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The article “The Parent Trap” by Judith Rich Harris addresses the debate over nature vs nurture. The nature vs nurture debate seeks to understand how someone develops things such as personality‚ behaviors‚ and intelligence. Nature is the belief that hereditary traits found in our genes makes us who we are and nurture being the way parents raise their kids. Nurture is the belief that the way our parents raise us is what determines who we become. Almost all the information that goes into making us
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2.0 FINANCIAL RATIOS 2 Liquidity Ratios Liquidity ratios measure a business ’ capacity to pay its debts as they come due. It also measures the cooperative’s ability to meet short-term obligations. Liquidity refers to the solvency of the firm’s overall financial position – the ease with which it can pay its bills. Because a common precursor to financial distress and bankruptcy is low or declining liquidity‚ these ratios can provide early signs of cash flow problems and impending
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Risk Management Policy Billabongs’ activities are exposed to a variety of financial risks‚ these include; market risk (including foreign exchange risk and cash flowinterest rate risk)‚ credit risk and liquidity risk. To minimize potential adverse effects on the financial performance of Billabong‚ the overall risk management program focuses on theunpredictability of financial markets (Billabong Annual Report‚ 2011). The framework is based around the following risk activities: * Risk Identification:
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37 The Generic Strategy Trap Danny Miller Management experts claim that for a company to thrive‚ it mus concentrate on a single generic strategy—on one thing it does better th its rivals. But specialization also has its disadvantages. The author sugge that a broader‚ mixed approach may be preferable. S ince the publication of Michael Porter ’s Competitive Strategy‚ many experts on strategy have been extolling the virtues of pure generic strategies. Porter argued that by adeptly
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Eliana Dockterman’s article concerning Digital Parent Trap discusses how some want their children to have technology and some don’t. In Dockterman’s article she uses dependable evidence‚ reasoning‚ and highly academic word choices to prove a strong point about technology. First Dockterman uses dependable evidence in her article to get the readers attention to think about technology. She uses the fact “While there are dangers inherit in access to Facebook‚ new research suggests that social-networking
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Joan Acocella’s Article “The Child Trap: The Rise of Overparenting” is based on the idea that parents push their children to become better and brighter than their peers. Parents try to jumpstart their child’s learning beginning when they are just infants. The Walt Disney Company produces the Baby Einstein DVDs and CDs that play music from Mozart and Beethoven‚ claiming to give a head start academically. Preschoolers have taken away playtime with more reading and math and it only becomes harder as
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The Push for Drug Testing of Welfare Recipients United States lawmakers face one of the most pressing issues of our time-welfare reform. New screening processes‚ often considered a direct violation of constitutional rights‚ have already been enacted in many states. Strong evidence exists‚ asserting that the practice of administering drug testing to welfare recipients will cost the U.S. taxpayers more money in the long run‚ stigmatize applicants and participants‚ and serve only the purpose of making
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