Official Cash Rate The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank of Australia to meet the inflation target specified in the Policy Targets Agreement. The current agreement defines price stability as annual increases in the Consumers Price Index (CPI) of between 2 and 3 per cent on average over the medium term. A media release is issued at 2.30 pm after each Reserve Bank Board meeting‚ with the Board’s decision taking effect the following day. Changes to the official
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Yet Another Scandal The Allied Irish Bank Case Written by Hans Raj Nahata and Felix Stauber under supervision of Professor Michael Pinedo‚ Stern School of Business‚ New York University. For classroom use only. Introduction This is a short story of failures. It is rather a chilling story of how a single person‚ under the most common work circumstances‚ can lose $750 millions! And he does so‚ by bullying his subordinates‚ intimidating his colleagues‚ threatening his
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background of the study‚ the statement of the problem‚ general objectives‚ justification of the study and limitations of the study and research questions. 1.1 Background of the study. G4s Security services has its operations in more than 100 countries and is a preferred security partner for many organisations across the globe. In Kenya G4s Kenya Limited is security expert‚ with global reach. It offers variety of services such as cash services such
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METRO Cash and Carry Executive Summary: Metro Group‚ Germany’s largest trade and retail group‚ is a major international player with sales of over €55.7 billion by 2005 and continued plans for substantial international expansion. Metro group is organized into four business units: • Real/Extra: Everyday retail hypermarket • Kaufhof: Upmarket department store chain • Media Market/Saturn: Leading Electronics Retail Chain • Metro Cash and Carry ‘Metro Cash & Carry’ stands for one of the
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On Hamlet and Relativity In Richard Levin’s Gertrude’s Elusive Libido and Shakespeare’s Unreliable Narrators‚ he postulates that there can be no clear answer regarding Gertrudes internal sexuality. Being that‚ Levin is accurate in this claim as the nature of relativity in Shakespeare’s Hamlet lies in the agendas and experience present within Hamlet and the Ghost. Within the scope of the essay‚ Levin is correct when he claims that there can be no clear answer as Hamlet and the Ghost both believe
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Problem Statement In the case of Nike versus New Balance‚ U.S Trade Representative Michael Forman will need to make a decision on the terms of the Trans-Pacific Partnership (TPP). Mr. Forman will need to decide if it in American’s best economic interest to eliminate trade tariffs on imported footwear from Vietnam or to uphold the tariffs in place. To further complicate this matter‚ both Nike and New Balance were in disagreement on the opposed elimination of these tariffs. Background a. Theoretical
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CHAPTER II REVIEW OF RELATED LITERATURE AND STUDIES Related Literature Internet today has emerged to the world of technologies. It simply makes our works fast and communicates remotely. Internet has been so affordable that every community in the world can use internet. This brings more connections and transactions more easily than expected by the companies. This chapter will present literatures and studies that are associated our study. As stated by (…‚ 2011) Consumers can make purchases
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processes used to select the content) that most differentiates the various versions of the tool in circulation. The balanced scorecard also gives light to the company’s vision and mission. These two elements must always be referred to when preparing a balance scorecard. The Balanced Scorecard was slightly amended. The “new” balanced scorecard transforms an organization’s strategic plan from an attractive but passive document into the "marching orders" for the organization on a daily basis. It provides
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CASE STUDY 1 SEC ENFORCEMENT RELEASE- BRISTOL-MYERS 1. Access the SEC website‚ www.sec.gov‚ and do the following: -go to “Information for Accountants” -go to “The Division of Enforcement Chief Accountants Office” -go to “Accounting and Auditing Enforcement Releases” - then go to the enforcement release related to Bristol-Myers dated August 4‚ 2004. 2. What were the broad areas which the SEC addressed? 3. Of these issues‚ which one was by far the most significant in terms of dollars involved
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The Elusive Form: The Use of Female Characters in "Naked Nude" Michael McBee Thesis and Outline: Thesis: In his picturesque short story‚ "The Naked Nude"‚ Bernard Malamud uses the female characters to develop‚ enact‚ and resolve Fidelman’s epiphany and to bring about the protagonist’s final‚ artistic self-understanding. I. Introductory paragraph--statement of thesis. II. The prostitutes A. in contrast to Fidelman’s initial idea of the artistic nude B. "maybe too many naked
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