People around the globe are more connected to each other than ever before. Information and money too flow more quickly than ever before. Goods and services produced in one part of the world are increasingly available in all parts of the world. International communication is commonplace. This phenomenon has been titled “globalization.” The era of globalization is fast becoming the preferred term for describing the current times. Because we are thoughtful people concerned about world affairs‚ our job
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MAN 20050 Social Theory at Work One-page Outline Learning Time As well as lecture and tutorial hours‚ it is expected that this course will require around 11 hours per week study time. Plan this into your timetable! Content The module focuses on three sociological problems applied to studies of work: The problem of order The question of power The issue of interpretation These themes draw on problems encountered in everyday life through work experiences and also the problems in attempting
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Financing Working Capital The financing of working capital is of utmost important. What portion of current assets should be financed by current liabilities? What portion should be financed by long-term resources? Decisions on these questions will determine the financing mix. Approaches to financing mix: There are 3 basic approaches to determine an appropriate financing mix. They are a. Hedging or Matching approach. b. Conservative approach. c. Trade-off between the above two
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One of the primary benefits of learning English is that it is often considered the language of global business. The international business community often uses it for communication‚ even among people who do not speak the same native language. Speaking and understanding English can let a person more easily communicate with others and find more job opportunities not only in his or her home country‚ but around the world as well. There are also many professional informative publications printed in English
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INTERMEDIATE TERM FINANCING Intermediate term financing refers to borrowing with repayment schedules of more than one year but less than ten years. In contrast ‘short –term financing has a repayment schedule of less than one year‚ while long-term financing matures in ten years or longer. ADVANTAGES OF INTERMEDIATE TERM FINANCING Intermediate term financing offers the following advantages to the firm; 1. It provides a useful alternative when the firm is unable to continue expanding assets with
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OVERVIEW China and its economy Capital : Beijing Population : 1.3 billion Area : 9.6 million sq km Currency : Yuan Ren Min Bi GNP : $4 Trillion (2001) GDP : PPP $7.262 trillion (2004 est.) Per Capita : $5‚600 (2004 est.) Form : People ’s Republic Official Languages : Chinese (Mandarin) Growth Rate in Real GDP : 1999 7.1% 2000 8.0% 2001 7.3% 2002 8.0% 2003 8.4% 2004 9.1% Inflation rate (consumer prices): 4.1% (2004 est.) Located in South East Asia‚ China is home to
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Introduction Action Standard Manufacturing Company is a producer of top quality lawnmowers‚ garden tractors‚ tillers‚ and implements. It was established in 1920 and is nationally known‚ having growth steadily. In 2005‚ it made a decision to embark on a rapid expansion program to take the advantage of the growing market for all purpose tractor/lawnmowers/snow blower machines. So the product line expansion led to increase in assets of approximately 50% in both 2006 and 2007. Dianne Covington‚ financial
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CASE STUDY IN Production and Operations Management “PACCAR TRUCK LEASING” [pic] [pic] [pic] [pic] [pic] I. Background ➢ PACCAR Inc. is a freight car and lumbering equipment manufacturer. Its primary business is building heavy-duty trucks (Class
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company’s supply chain management measure up? Page 8 Business challenges Supply chain metrics State of the market Supply chain technology investment and initiatives Measuring supply chain investment payback Current and planned capabilities 2 5 7 8 11 12 13 14 16 18 20 Supply Chain Management Report 2004 1 SUPPLY CHAIN MANAGEMENT REPORT SPONSORS SAP is the world’s leading provider of business software solutions. Through mySAP Business Suite‚ people in businesses around the globe are improving
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7 Days Inn Case Analysis Questions 1. Based on Michel Porter’s views on operations strategy‚ please analyze how 7 Days Inn obtains competitive advantages by determining the portfolio of services through the vertical cutting approach. The traditional situation in hotel industry is that‚ the more you pay‚ the higher quality you get. But actually‚ most of the businessman just needs a comfortable bed and a hot water in bath. The vertical cutting approaches make this available and the price is
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