The Central Bank of Nigeria (CBN) takes a number of monetary policy decisions‚ including a change in the level of money supply (M2)‚ the Minimum Rediscount Rate (MRR)‚ or a change in the exchange rate. The central bank defines money supply in two ways: narrow and broad money. Narrow money (M1) is defined to include currency in circulation plus current account deposits with commercial banks. Broad money measures the total volume of money supply in the economy and is defined as narrow money plus savings
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Industry in Nigeria P. A. Idowu Dept of Computer Science and Engineering Obafemi Awolowo University Ife-Ife Nigeria A.O. Alu Dept of Management and Accounting Obafemi Awolowo University Ife-Ife Nigeria E.R. Adagunodo Dept of Computer Science and Engineering Obafemi Awolowo University Ife-Ife Nigeria ABSTRACT The advent of Information Technology (IT) is rapidly changing the banking industry. In this study‚ the impact of IT on the banking industry in Nigeria is described
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THE FINANCIAL MANAGEMENT OF SMALL‚ MEDIUM AND MICRO ENTERPRISES IN THE RURAL COMMUNITIES A mini - dissertation By NAME OF STUDENT: Motimele M.E STUDENT NUMBER: 200812772 Submitted in partial fulfilment of the requirements for the degree MASTERS OF BUSINESS ADMINISTRATION (MBA) Turf loop Graduate School of Leadership Faculty of Management Sciences and Law University of Limpopo Supervisor: Prof. H.P Wolmarans 30 November 2010 i) DECLARATION I declare that the mini-dissertation
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Why the human resource management is important in small-medium Entrepreneur in UK Introduction The article analyzes the way of HRM practice in small-medium enterprises(SMEs) and the reason why it is important element for SMEs. Over the past years‚ small-medium enterprises play an increasingly significant role in European economy. It is mainly because European countries including UK have large amount of SMEs but with small scale of big enterprises. However‚ HRM‚ as an important part of a company
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scholarly article is to aid us in understanding and solving some of the problems that we have observed in the performance management system of the company that we have visited and studied( Aarush Metal castings limited). Our company is a medium scale enterprise catering to the requirements of its sister concern by providing it with pre machined parts in accordance with customer specification. Some of the key success factors of our company are low cost‚ higher quality and on-time delivery. Some of
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FALSE AACSB Tag: Reflective Thinking Difficulty: Medium L.O.: 1 5. Total assets are $70‚000‚ total liabilities‚ $40‚000 and contributed capital is $20‚000; therefore‚ retained earnings are $15‚000. FALSE AACSB Tag: Analytic Difficulty: Medium L.O.: 1 6. The payment of a cash dividend to stockholders increases stockholders ’ equity. FALSE AACSB Tag: Reflective Thinking Difficulty: Medium L.O.: 1 7. The accounting model for the balance sheet
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Case 1: Sew What? Inc.: The Role Of IT in Small Business Success 1-Information Technology contributed in the success of Sew What? Inc. Examples: *Launching the company website. IT contributed by networking in this success. The demonstration of this conclusion: -they acquired clients from all over the world and their revenue has been growing more than 45% per year. *Running out most of their business with Intuit’s Quick-Books Enterprise solutions (which helps you to streamline the critical
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Mercantile Bank Limited SME Financing Division Mercantile Bank Limited has designed and developed four loan products to meet up all types of justified business requirements of SME customers. However‚ the features of the products so far developed may be changed‚ revised‚ while new products can also be developed to cope with the market demand as per guidelines of Bangladesh Bank and the Bank’s own policy. The products are: CHAKA “PvKvÓ (Term Loan). ANANNYA “Abb¨v” (Women Entrepreneur’s Loan)
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Globalisation would finish small scale industries in india INTRODUCTION The world is changing. The change is fast enough to notice the factors acting behind. Globalization is one of them. A factor that needs no introduction. Ever since‚ developed countries like USA and European countries have marched to conquer the rest of the world‚ developing countries have no solace but to succumb to what these developed nations call for. Days have gone when these developed nations ruled by the concept of
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Project Report on Axis Bank Content 1) Objectives 2) Introduction 3) Retail Branch Operations a) Account Opening b) Fixed Deposits c) Recurring Deposits d) Cash e) Cheque f) Demand Drafts g) Electronic Fund Transfer h) Franking i) E Tax Payments j) Forex Operations 4) Suggestions and Recommendations 5) Conclusion 6) References Objectives The objectives of the project are: 1) To observe the various product and service offering under
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