Auto Industry 2009 An important issue regarding business ethics is the theory of moral hazard which occurs when a person or business behaves differently when insulated from a certain risk. Moral hazard theory states that when a person or business is insured against the consequences of a particular event‚ this increases incentive for the insured to behave in a way that will cause the event (Glassman‚ 2009). The current government bailout of General Motors and Chrysler provides a vivid demonstration
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Where do I see myself in 5 years time? In five years time‚ I would like to see myself having moved up from the position of a consultant‚ to at least a business unit manager‚ if I am still employed at LabourNet. At this time‚ LabourNet’s workforce would have increased drastically‚ with branches all across the country‚ and many more in Gauteng. This would have led to major growth in the Skills & Equity department‚ where almost all the major branches would have a separate Skills & Equity department
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Spot Rate and Forward Rate Spot Rate: It is nothing more than the YTM on bond. It is the rate of interest on bond maturing at any time in the future. It is also known as geometric average of 1 year forward rates in the future. Hence‚ YTM on bonds can be calculated as: When forward rates are given then; oS1 = oF1 oS2 = [(1+of1)(1+1F2)](1/2) -1 oS3 = [(1+of1)(1+1F2)(1+2F3)](1/3) -1 and so on. Forward Rates: It is the interest rate established today ‚ that will be paid on money to
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Introduction The Federal Democratic Republic of Nepal is a landlocked sovereign state situated in South Asia. The country is bordered by the People’s Republic of China and the Republic of India. Kathmandu is capital of Nepal and also the largest metropolis of the country with a population of around five million. Total population of the country is around 27 million while two million of them are abroad for jobs and education. Official language of the country is Nepali while Nepal Bhasa‚ Maithili and
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1 Export Prospects of Agarbattis from India “A garbattis” also known as “Incense Sticks” are made from aromatic plants and essential oils extracted from plants or animal sources. When lightened‚ they release fragrant smoke which is used in religious activities‚ prayers‚ therapeutic and aesthetic purposes. These have been used since times immemorial as an integral part of Hindu deity worship In India. There are about 10‚000 agarbatti manufacturing units in the country including tiny
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“A STUDY OF PROSPECTS OF AGRICULTURAL COMMODITY FUTURES IN INDIA – A CASE OF TURMERIC” Prof Gurbandini Kaur‚ All India Management Association (AIMA)‚ Email: gkaur@aima-ind.org Abstract A commodity exchange is defined as a market where buyers and sellers trade commodity linked contracts on the basis of terms and conditions laid down by Commodity Exchange (UNCTAD‚ 2007). At present‚ there are 23 exchanges operating in India and carrying out futures trading activities in as many as 146 commodity
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Lecturer: Shrimal Perera Sigma Pharmaceuticals Limited‚ 96 Merrindale Drive South Croydon‚ VIC‚ 3136 Australia Mr. Shrimal Perera Lecturer‚ Monash University 900 Dandenong Road Caulfield East VIC 3145 Dear Shrimal‚ Attached is the report you requested on for the 19th of May
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Pharmaceutical Pricing Strategy Ryan Ritchey American Military University November 22‚ 2009 Pharmaceutical companies are in constant pricing competition and innovative “idea wars” so to speak. Differential pricing‚ the specific price structuring and implementation‚ is the solution to resolving the conflict between pharmaceutical drug patents. There are always several different brands of drugs that can be prescribed or even bought over-the-counter‚ but the decision of the consumer or medical
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Pharmaceutical Quality Management Part 2 Pfizer Vision‚ Mission‚ and Core Values Pfizer Inc. was established over a century ago in 1849. Just like the other pharmaceutical companies being established around that time‚ Pfizer started out as a chemical company to counteract the times health issues such as intestinal worms and hygienic complications during the civil war which haunted the earlier part of the nineteenth century. Since then Pfizer has risen to be ranked second on the list of top fifty
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Problems & prospects of insurance in Bangladesh Prospects: There should be vigorous campaign through out the country to make the people aware of the utility and prospects of buying insurance. Bangladesh is a densely populated country and most of the people in our country are poor. They would definitively go for insurance for the security and the risks covered by the insurance. Therefore‚ the prospects of Insurance are very high in Bangladesh if the following measures can be adopted. First
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