TERM SOURCES OF FINANCE There are various sources available to meet short term needs of finance. The different sources are discussed below: 7.1 Trade Credit: It represents credit granted by suppliers of goods‚ etc.‚ as an incident of sale. The usual duration of such credit is 15 to 90 days. It generates automatically in the course of business and is common to almost all business operations. It can be in the form of an ’open account’ or ’bills payable’. Trade credit is preferred as a source of finance
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Week 2 Sources of Finance 1) Introduction It was explained in week 1 that this week’s lectures will focus primarily on institutions that provide finance. Finance has been defined by Chadwick and Kirkby (1995‚ p 38) in their book Financial Management (first edition‚ publisher Routledge) as a “system of costs and risks”. As we will see throughout the course‚ the notion of risk from an investor’s point of view is related to whether there is the accrual of the financial returns that are anticipated
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Chapter 2 Sources of Innovation SYNOPSIS OF CHAPTER In this chapter consideration is given to the role of creativity as the underlying process for the generation of novel and useful ideas. Individual creativity is considered to a function of intellectual abilities‚ knowledge‚ thinking styles‚ personality traits‚ intrinsic motivation and environment. Firm creativity is more than the sum of member creativity. Firm creativity is also a function of the organizational structure and the strategic
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Source credibility Source credibility‚ is about the source and spokesperson’s credibility. From previous literature‚ source expertise and trustworthiness are crucial to be transmitted from a credible source. The spokesperson’s credibility has the following characteristics: to possess relevant expertise on the information topic‚ and to be trusted to transmit objective opinions (Hussein‚ 2012). Other studies state that the source’s expertise is the level of convincing. Convincing means that the communication
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A Definition of Open Source Open source technology is defined as the production and development philosophy of allowing end users and developers to not only see the source code of software‚ but modify it as well. The Linux operating system is a one of the best-known examples of open source software technology. Pros and Cons of Open Source for Developers From a developer’s point of view‚ open source technologies provide a platform on which to build custom solutions. Rather than develop‚ say
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task 1 1.1 Identify what sources of finance are available for a new business. 1.2 Asses the implications of different sources by considering the following 3 implication: a) tax effects. b) ownership and control of different sources. c) Evaluate appropriate sources of finance for a business project 1.1 * The purchase of plant & machinery‚ office equipment etc. * Renting or buying premises and offices (e.g. the first 3 months’ rent may need to be paid in advance)
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Sources of Motivation Jose Klatter PSY/355 November 19th‚ 2012 Gavin G. Coriell Sources of Motivation Motivation is an inner force that drives people to move forward in life in search of what they set out to accomplish. It makes one “move into action” (Deckers‚ 2010‚ p. 3). The action provides a means for one to achieve what he/she have set as goals. If a person does not feel motivated to do something to accomplish his or her goals there is a chance that the goal(s)
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Sources of Motivation Paper Cara Dorrell PSY/355 5/8/2013 Jason Etchegaray Abstract To get out of bed early to work out and lose those pesky 5 lbs‚ or stay in bed and be lazy and say you will “do it tomorrow.” Motivation is the one thing that can both drive our dreams and goals or hinder them all at the same time. The feeling you have of accomplishment is usually thanks to the motivation it took us to get from one point to the next. In this paper we will discover what helps that motivation
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Question: IDENTIFY THE SOURCES OF FINANCE AVAILABLE TO A BUSINESS Answer: There are a number of ways of raising finance for a business. The type of finance chosen depends on the nature of the business. Large organisations are able to use a wider variety of finance sources than are smaller ones. Finance is not just needed when starting a new business‚ but you may be required to seek further finance even if you’re business is well established i-e further expansion‚ R&D‚ new product launch
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summary……………………………………………………….………5 III. Introduction…………………………………………………………….….……...5 IV. Main body…………………………………………………………….…….……..6 4.1. Sources of finance and its advantages & disadvantages…………………….…6-8 4.2. The implications of the different sources of finance……………………………8-9 3. Appropriate sources of finance for a business project………………….……….9-13 4.4. The costs of sources of finance for Vale Filters Limited………………….…….13-16 4.5. Importance of financial planning……………………………………………….17-18 V. Conclusion…………………………………………………………………………18
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