Barings Bank & the “Rogue Trader” Founded in 1762‚ Barings Bank (previously known as Baring Brothers & Co.) was the oldest merchant banking company in England. Barings collapsed on February 26‚ 1995 as the result of the activities of one of its traders‚ Nick Leeson‚ who lost $1.4 billion by investing in the Singapore International Monetary Exchange (SIMEX) with primarily derivative securities. This was actually the second time the bank had been faced with bankruptcy. Following the collapse‚ Barings
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PepsiCo - Procedures Ensuring Ethical Behaviour PepsiCo is committed to ensure the corporate standards accountability for the company actions. This is evident by the many corporate governance standards in place. The processes and policies that are in place include the Amended and Restated Articles of Incorporation‚ By-Laws‚ Compensation Committee Charter‚ Corporate Governance Guidelines‚ Disclosure Committee Charter and the Policy for Audit‚ Audit-Related and Non-Audit Services. The
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3. How do the features of the supply chain explain the company’s remarkably short lead times (relative to U.S. apparel supply chains)? Examine the features of the supply chain and identify why the company is able to respond so effectively. The first feature to me is recognizing how important the supply chain is to the whole operation. That awareness is needed to even be able to understand what would need to be done to create short lead times. Supply chain management was a vital portion of
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NABARD BANK HISTORY NABARD was established on the recommendations of Shivaraman Committee‚ (by act 61‚ 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India‚ and Agricultural Refinance and Development Corporation (ARDC). It is one of the premier agencies to provide credit in rural areas. Nabard is India’s specialised
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The customer as co-producer Solveig Wikström - School of Business‚ Stockholm University‚ Stockholm‚ Sweden Introduction A look at what is happening in the world of business today shows that the focus of business development is now gradually moving away from products and factories. Instead‚ interest is concentrated on the various processes taking place around the customer. This orientation is not new. Concepts such as “customer orientation”‚ “close to the customer”‚ “customer segmentation” and
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Chappell & Co Ltd v The Nestlé Co Ltd [1959] 2 All ER 701 House of Lords Nestlé‚ manufacturers of wrapped chocolate bars‚ advertised for sale‚ as part of an advertising campaign‚ the record ’Rockin’ Shoes’. The price of the record was 1s 6d plus three wrappings from their 6d chocolate bars. Chappell‚ who were the sole licensees of the copyright of ’Rockin’ Shoes’‚ claimed that Nestlé had infringed their copyright and sought injunction and damages. Nestlé claimed that they were entitled to
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1. What were the challenges that Appex CEO Shikhar Ghosh faced when he joined Appex? Mr. Ghosh faced a very chaotic situation when employees don’t know the roll in the company‚ poor planning‚ no accountability and hierarchic. Why “structure and control” were deemed necessary? Structure and control are one of the basic and more important function for a company. In this case you see the lack of control when employees supposed to show to work at 8:00 A.M. and shows at 10:00 A.M. creating problems
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com/324/audit.html#ixzz2YHSqnwZ5 What does a bank auditor do? A bank auditor monitors the operations of her bank to ensure its compliance with industry guidelines and adherence to measures that deter fraud. Her job generally requires she establish and follow a schedule to regularly check the appropriateness of all business activities. She may work in a large or small financial institution. In an industry frequently considered highly competitive‚ a bank auditor reviews the general and specific aspects
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INTRODUCTION It is predominantly established fact that there has been a noteworthy boost in the figure of heterosexual or homosexual partners cohabiting outside marriage in the past three decades in the United Kingdom. Cohabitation has become the standard for a considerable fraction of the people in England and Wales and the increase in cohabitation is a phenomenon not restricted by the law makers. This trend recommends that cohabitation presupposes a better connotation in people’s life
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CRM Departme rt M ent At BRAC B Bank Limited d by Marzu Hussain uk ID: 0710061 An Internshi Report Presented in P A ip Partial Fulfill lment Of the Requirem t ments for the Degree e Bach helor of Bus siness Admin nistration Inde ependent Un niversity‚ Ban ngladesh Decem mber‚ 2011 2 A Working report on the CRM Department At BRAC Bank Limited 3 A Working report on the CRM Department At BRAC Bank Limited by Marzuk Hussain ID: 0710061
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